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OF

V

THE

COMMERCIAL AND FINANCIAL CHRONICLE.
PUBLISHED

LAST

THE

ON

SATURDAY

OF

EACH

MONTH.

Furnished Gratis to all Subscribers of the Chronicle,
[Entered according to act of Congress, in the year 1879, bY Wh. B. Dana & Co., in the office of the Librarian of Congress, Washington, D. C.l

NEW

INVESTORS’

YORK,

SUPPLEMENT
OF THE

The
a

Supplement is issued

on

the last Saturday of each month, containing

complete exhibit of the Funded Debt of States and Cities, and of the Stocks

and Bonds of Railroad and other Companies.

It is furnished without extra charge to

Chronicle;

no

single copies

are

printed for subscribers on’y.
up

all regular subscribers of The

sold at the office,

Oue

as a

sufficient supply is

number of the Supplement is bound

with the Financial Review (Annual) for 1879.
Transient advertisements

are

inserted at twenty-five

cents

per

line; adver

MAY 31, 1879.
which the issues of government bonds were so numerous,
and of such uncertain periods of maturity, that the most

experienced bank officer could not form any opinion as
to their value which might not prove fallacious in the
end.
With the final adjustment of the debt at four
per cent, it is hoped that all this uncertainty attending
the ownership of government bonds is forever done
away with.
In State bonds, some progress has been made towards
funding Virginia bonds, and also those of North Caro¬
lina, but little hope is gathered from the tone of discus¬
sion in the Louisiana Constitutional Convention, or from
the Tennessee

proposition.
In city bonds, the most notable event is the offer of
WILLIAM B. DANA & CO., Publishers.
79 cf- 81 William street.
Drexel & Co. to negotiate at par a 4^ per cent loau of
$10,000,000 for the city of Philadelphia, the proceeds to
be used in paying floating debt. Another firm is also
INVESTMENTS IN MAY.
The demand for investment securities in May has reported to have offered to sell the loan at 102^
been large and well distributed. The great feature of net.
For railroad securities the. demand has been large,
the month has been the rapid sale by the last Syndicate
of the IT. S. four per cent bonds, they having disposed of both for investment and on speculative account.
Many
and
bonds
which
have
been
looked
upon as nearly
nearly the whole $121,000,000 for which they subscribed. stocks
The calculations of the Syndicate, on which their transac¬ worthless have recently come into notice, and in some
tion was based, have not been disappointed, namely, that cases have sold largely, and the resuscitation of these
the bonds to be called in were so largely held by cor¬ long-forgotten tfrings has been such a feature of deal¬
porations and other parties who would be obliged to ings, particularly in the securities of railroads reaching
purchase the new bonds, that a successful marketing of out towards the southwest, that a broker who is slightly
the latter was a foregone conclusion. The final adjust¬ sceptical as to the permanence of the present buoyancy,
ment of the bonded debt of the Government on what remarks that it is only necessary now for a stock or bond
may be regarded as a permanent hard pan basis, will be to be “ rotten and southwestern,” to meet with a ready
of incalculable benefit to the country in all financial market.
There is a very lively inquiry among brokers and
transactions; and the saving of $13,000,000 or more to
the General Government, considerable as the item may their customers for satisfactory information in regard to
appear, is a small gain as compared with the immense railroad bonds, and to meet this demand a new edition
advantage of having government securities settled to a of the “Value of Railroad Securities,” published at the
condition where their future standing may be estimated office of the Chronicle, will be issued on or about the
with some reasonable degree of certainty.
In all the third of June. This little book embraces, in small com¬
paper-money inflation era, with the ever shifting char¬ pass, the largest practicable amount of information
acter of the government obligations, there has scarcely in regard to railroads which have earned the interest on
been a loss incurred which was more unexpected than their bonds. The gross and net earnings for four con¬
that which occurred to the purchasers of government secutive years are given side by side, together with a
bonds in 1876 and 1877. In those dark years, when the classification of the bonded debt and the annual interest
officers of savings banks and others having charge of charges, so that it can be seen at a glance how far the
trust funds were almost compelled to invest in govern-, earnings have gone towards the payment of obligations,
ment securities, as the only channel which offered a and how much surplus has been left each year after the
promise of safety for the money intrusted to their care, payment of interest. It is the province of the Chronicle
it was utterly impossible to foresee that within a year or and its associate publications to furnish all possible facts
two they would lose 10 to 15 per cent by a decline in regard to the several subjects of which they treat, and
in tl^e market price of these bonds, which were then thus to enable their readers to form an opinion for them¬
generally regarded as the only safe thing t© purchase* selves in regard to the value of investments, or other
in
And here was the anomaly—that as the credit of the matters
question.
An advertisement in the
Chronicle
of
this
date
furnishes
additional particulars
Government improved, its bonds declined; all this]arising,
of course, from the wretched condition of affairs under as to the price of the book, &c.

tisement-s by the quarter, six months or year, at special rates.




BOND TABLES.

STOCK AND

NOTES.
These tables are expressly
week in the Chronicle—to
A full description of U.

intended to be used in

ment” is issued.
Prices of all Stocks and Bonds are
The following

connection with the information concerning Investment matters, publishea froih week
foot of the tables. Annual reports are in black-faced figures.

which an index is furnished in the remarks at the
S. Government Securities is published regularly

in

to
the Chronicle each month, as soon as the official “Debt State¬

quoted weekly in the Chronicle.

-.

column of the tables below:

will give explanations of each

,

following abbreviations frequently occur, viz.: M. for
“coupon,” Br. for “Branch,”
for “guaranteed,”

Description —Railroads leased to others will often be found under the lessee's name/ The
guar,
“mortgage,” s. f. for “sinking fund,” 1. gr. for “land giant,” reg. for “ registered,” coup, for
end. for “ endorsed.”
“ Coupon*” indicates that the bonds are coupon, hut may be registered.
Date of Bonds— The date of issue on the face of the bond is referred to in this column.
Miles of Road— Opposite Stocks, this means the miles of road operated, on which the
are
by the mortgage.
Size or Par Value.—These figures are dollars, showing the denominations or par value. The figures “100, &c.,” signify
Rate Per Cent.—The interest per annum is given for bonds, but the per cent of last dividend for stocks; g means gold; x, extra;
When Payable.—J. A J. stands for Jan. & July; F. & A., Feb. A Aug.; M. & S., March & Sept.; A. & O.,
D., June A Dec.; Q.—J., quarterly from January; Q.—F., quarterly from Feb.; Q.—M., quarterly from

based; opposite bonds, the miles covered
$100 and larger.
s, stock or scrip.
April A Oct.; M. A N., May & Nov.; J. &
March.
Bonds,principal when due; Stocks, last dividend.—The date in this column shows the period when the principal falls due of bonds, but the time
when the last dividend was paid on stocks.
■
earnings

STATE
Snb«crlber* will confer a great

SECURITIES.

tliese Tables.

immediate notice of any error discovered in

favor by giving

INTEREST.
Size

Date of

DESCRIPTION.
For

Alabama— Substitution bonds (A) ($7,00<
Substitute b’ds for RR. (B) ($590,000).
do
for Ala. & Chatt. (C) ($1,0(
Educational funded debt
Funded “ obligations ”

535,000

State capital bonds
Funded debt bonds of 1873

Coupon
or

regist’d

gold, coup—

Permanent improvement bonds, coupon
1874
Fund, b’ds (U.S. guar., Acts June,’74& Feb.,’75)
1872
Market house bonds, coupon
1871 to ’73
Water stock bonds, coupon
1872

fund’g, gld,($660,000 are M.AN., 1902).
1828 to ’68
Washington debt, reg. stock
Georgetown, reg. stock,($20,000 only are 8s)
1871
Florida—State bonds....
1873
Consolidated gold bonds ($300,000 are 7s)
1870
Loan to Jacksonville, Pensacola A Mobile RR.
Wash,
Other

Bonds to fund coupons on endorsed bonds...
Bonds exchanged for endorsed RR. bonds
New

*

funding bonds, small...

Illinois— Refunded stock bonds
Normal University bonds
Thornton loan bonds

.

.

•

1,000

1,886,000

1,000

1,316,000
1,986,773
1,985,955

100 Ac.

1875
1869
1870
1870
1870
1870
1863
1863
1870 to ’72
1873
1863
1864
1865
1877
1872
1873 .

California—Soldiers’ relief

Georgia—Atlantic A Gulf Railroad bonds
Bonds, act of Mar. 12, ’66 (renewal W. & A.)..
Quarterly gold bonds, act of Sept. 15, 1870..
Bonds, act of Jan. 18, ’72
Bonds for funding (Act Feb. 19, ’73)

•

1858 to ’66
1866
1870
1872
1873
1876
1877
1879
1847

1,000
1,000

do

special—Act 32 of 1870

Co...

Alabama.—The State gave 30-year bonds, dated
July 1, 1876, bearing 2 per cent till 1881, then 3 per
cent till 1886, 4 per cent till 1806, and 5 per cent for
last 10 }Tear8, for old bond;", without
for past-due coupons. Ala. & Chat,

any

allowance

endorsed bonds

exchanged (for $1,000,000 of the new bonds,
class C, which bear 2 per cent till 1881 and 4 per
cent for remaining 25» years). For railroad endorse¬
An
ments the bonds issued bear 5 per cent.
analysis of the debt and funding operations is in
T. "i4, p. 28.
There were $3,705,00) of railroad
obligation- unprov ded for in the “adjustment.”
Tax rate, P78 9, 7 mills.
The assessed valuation

are

of real estate in 1877 was $78.539,6a6, and of real
estate and personalty, $11. ,486,580. (Y. 24, p. 28,

420; Y. 27, p. 94; Y. 28, p.

:99.)

600,000

1,000

1,350,000
1,353,120

California.—The State holds in trust for School
and University funds the $500,000 Capitol bonds
and $2,063,000 of bonds 1873. Total valuation of
property, 1876 and 1877, was as follows: Real estate,
$418 840,023 in 1877, Against $454,990,351 in 1876;




1877, against

95^500

500 Ac.

500,000
2,801,000
877,000
1,318,550
1,741,100
1,031,000
3,995,000
670,000

....

500 Ac.

1,000
1,000
100 Ac.

1,000
500 Ac.
....

13,743,250

50 Ac.
50 Ac.

Rate.

100 Ac.
•

•

•

•

m

m

m

m

i.ooo
1 000
500
500 Ac.

1,000
1,000
250Ac.

1,000
1,000
500 Ac.

1,000
1,000
1,000

c

2 Ac.
5
2 Ac.

10
6
7
7
7
7
7
5 A
7
7
6
6
6
6
5
6
7

-

49,000
49,500

1,000

80,000

1,000

12,000

J.
J.
J.

do
do

July 1,1884

Montgomery.
N. Y., Union Trust

1899
1900

1900

do

do

J.

Co.

8
g.
g.
g.

g.
..

A J. New York, Latham, A. A Co.
N. Y., Union Trust Co.
A 0.
do
do
do
do

do
do
do

A O.
A O.
A O.
A 0.

do

1899
1900
1900
1900

April, 1900

1883
A J.
Sacramento, Treasury.
1885
do
do
A J.
1893
do •
do
A J.
Jan. 1, 1883
A J.
Hartford, Treasury,
Jan. 1, 1884
do
do
A J.
Oct. 1, 1885
do
do
A O.
do
Mayl, 1897
do
A N.
July 1, 1891
A J. Wash, or N. Y., U. S. Treas.
do
July 1, 1891
do
A J.
do
Aug. 1, 1924
do
A A.
do
July 26, 1892
do
A J.
Oct. 1,1901 to ’03
do
do
A J.
1892 A 1902
do
do
A J.
At pleasure.
Washington, D. C.
Various
1879-’84
do
Q.-J.

J.
J.
J.
J.
J.
A.
M.
J.
J.
F.
J.
J.
J.

°

N.

J.
J.
F.
J.

A
A
A
A

Y., Importers’ A Tr. B’k.
do

do

J.
J.
A. N. Y.,

Fourth National B’k.
do
do
do
do
do
do

do
do
do
do
do
do

J.

Q.-J.

J. A J.
A. A O.
J. A J.
J. A J.
State Treasury.
Jan.
J. A J. N. Y., Am. Exchange Bank.
do
do
J. A J.
do
do
M. A S.
do
do
J. A J.
N. Y., Winslow, L. A Co.
J. A D.
do
do
A. A O.
Various
J. A J. New York, Kountze Bros.
N. Y., Am. ExcL. Nat. Bk.
July.
do
do
J. A J.
do
do
J. A J.

$15,000 1

J. A J.
Various

119,000

Various
M. A N.
M. A S.
J. A J.
J. A J.
M. A S.

created ori
of real an
rate of taxation

Columbia.—The total assessed value
$97,609,890; per¬
sonal property, $21,' 00,000. The interest on the 3-65
bonds is provided for by Congress. See law of 1878,
V. 26, p. 599. There is due the sinking fund $256,2-1
per year.
(V. 22, p. 181; V. 23, p. 542; V. 24. p. 39;
Y. 26, p. 599; V. 27, p. 303.)
District of

of taxable real etlate in 1877 was

sinking fund of $130,700,and J.
$1,284,100, which

P. and M. loan, the total debt is
does not include $132,000 bouds
Indian Trust Fund.
Coupons i f

receivable for taxes.

July 1,1906
July 1. 1906
July 1. 1906

New York.

A J.
A J.
A J.

$139,247,69") iu 1876—total, $618,083,315 in 1877,
Tax rate for 1876-7,
against $595,073,177 in 1876.
72# cents per $100.
Connecticut.—'Ike debt of Connecticut was all

are

Due.

Whom.

1884
J.
A.
A.
A.
A.
A.

365

8
6
8
7

Payable and by

Payable

J. A

7
7
6 g.
5 A 6
6 A 8
7
350,000
923,100 7 A 6 g.
8 g.
4,000,000
6
800,000
7
3,600,000
7 g.
2,097,000
7
307,500
8
800,000
7
542,000
6
2,298,000
4
^500,000
6
357,442
6
23,000
6
36,000
6
142,300
6
200,000
5
510,000
6
3,904,783
7
300,000
6
101,175
7
739,000
7
289.000
6
63,500
6
284,000
8
57,000
6
112,000

500
100 Ac,

Where

When

J. A J.
J. A J.

8
6
6
7

150,000
423,000
1,810,000
786,100
251,500

1,000

Florida.—Less the

Arkansas.—The State Supreme Court has decided
Levee bonds of l*h9 and 1870 invalid. Rate of tax¬
ation, 10 mills. The State is in default for interest,
except- on the ten per cents of 1»74 and secured
sinking fund bonds, issued under the law of Dccem
ber, 1874. Assessed valuation of taxable property,
$94,095,243. (V. 25, p. 161; Y. 27, p. 15, 40; V. 28, p.
171, 276.)

personal property, $199,243,292 in

.

1,200,000

1,000

1876
Indiana—Bonds, short loan
1879
Bonds, coupon, (payable after April 1,1884).
School fund bonds (non-negotiable)
1861
Iowa—War and defense bonds
1861 to ’69 100 Ac.
Kansas— Bonds, 1861 to ’69, funding, Ac
1861 to ’75 100 Ac.
Bonds for various State purposes
1864 to ’65
Military loan
500
1853
Louisiana—Bonds for relief of State Treasury .
1,000
Bonds in aid of various railroads
1866
1,000
Levee bonds—Act 35 of 1865
1867
1,000
doAct 115 of 1867

1870
1866
1870
1869

258,300
375,000
1,200,000
1,000,000

i,ooo

'

100 Ac.

War bonds

Bonds funding coupons
do
to Boeuf & Crocodile Navigation
do
issued to State Penitentiary

593,000
2,810,670
1,000,000

1838 to ’3S
1874

.

Red River Railroad
Railroad

Dist.of Columbia- Perm’t imp’t,

$6,358,600

100 Ac.
100 Ac.

1870
1871

interest..

Connecticut— War bonds, 20 year
1
War bonds, 20 year
>
do
not taxable, 20 year.. )
New bonds, coupon, 10-20 year

$100Ac.

1876

1874
1869 to’70

Secured sinking fund bonds (Act. Dec.
To Memphis A Little Rock Railroad—
To Little Rock A Fort Smith Railroad.
To Miss., Ouachita A
To Arkansas Central
State scrip

1876

1876

)

Arkansas—Funding bonds of 1869 and 1
Funding Bonds 1870 (Holford)
Levee bonds (or warrants)
Old unfunded debt, including
Ten year b’ds, Act May ‘29.’74

Outstanding

Value.

explanations see notes above.

Principal—When

Amount

or

par

of 1857, held by
the consol, bonds
'Real and personal piop-

erty assessed in ’77 at $>0.s9S,247; tax rate, 9 mills.
The Jacksonville Pensacola & Mobile RR. loan is
in litigation, and ihe Stfite Supreme Court has de¬
cided that the State is not bound for it.
(Y. 23, p.
576; V. 25, p. 212.)

Georgia.—The constitutional amendment in 1877

declared void several issues of bonds and railroad
end rsements.
The So. Ga. & Florida RR. has

$464,000 of bonds endorsed, but the Company pays
interest and the road is estimated to be nearly worth
the bonds, Assessed value of property in 1878 was

Amounts

not

fundable, perl

report of Jan. ‘
1, 1878.
80,000
mmmmmmrnm

as

1,1903

Jan.

1881 and 1886
May, 1886
Oct., 1890

July, 1892
April 1,1879 to ’86
July 1, 1896
Jan. 1, 1889
Jan. 1, 1885
At will.

Jan., 1880
Jan., 1880
Jan., 1880
Dec. 1, 1879

April 1, 1889
July 1, 1881
1883 to ’84
1879 to ’99
1884 to ’99
July, 1893
1872 to 1906
1886

May 1,

Jan. 1,

March
f

follows: Lands, $86,255,473;

1907

March i, 1875
1886 A ’88

1890

1,1909

city and town prop¬

including personal, $226,221,718, against $235,659,53 ) in 1877, $245,853,750 in 1876,
and $261,755,884 in 1875: rate of tax in 1878, five
mills. (V. 25, p. 138, 162; V. 27, p. 653; V- 28, p. 17.)
Illinois.—The Illinois Central RR. charter tax on
earnings is about $300,OoO. For J877 the total as¬
sessed value as equalized by local assessors was:
Lands, $491,'04,984; town and city lots, $208,521,0b7;
total, $892,4f 2.315; total as equalized by State assess¬
ors, $931,199,308.
State tax in 1876, 2*8 mills. (V.
erty, $48,370,418; tota1,

24, p. 40.)
Indiana.—There

are

also $139,000 of 6 per

cent

$864,720,440 in 1876

and

loan bonds.
There has been some question as
to the State’s obligation to pay the Wabash & Ene
Canal debt. Valuation, 1877, of all taxable prop¬
war

erty, $855,190,125, against

$897,739,783 in 1875.
p. 1C4, 209, 615.)

Tax rate, 1*3 mills.

(Y. 22,

but
$13,000,000.

Kansas.—Kansas has but a small State debt,
the issues of municipal bonds amount to
The valuations in 1878 were: Real estate, $97,567,olo;

personal, $25,606,163; railroads, $15,5 5,023—total,
$138,608,801,against $136,019,113, in 1877. Tax rate,

mills for State purposes.
State funds hold
$713,7t0 of the bonds. (V. 24, p.40.)
Louisiana.—The funding bill passed Jai). 24,1874,
scaled the debt dowft to 60 per cent of the face value.
New bonds were voted for New Orleans & Pacinc
RaLroad iu 1878, and their validity ta affirmed

5)4

May

SECURITIES

STATE

31, 1879.]

v

by giving Immediate notice ot any error discovered In these Tables.

Subscribers will confer a great favor

INTEREST.

Date of
Bonds.

DESCRIPTION.
For

I or
f regisJ tered.

Bounty loan bonds
do

do

Municipal war debt assumed..
Maryland—Baltimore & Ohio Railroad, sterling
Chesapeake & Ohio Canal, sterling

Amount

or

par

Rate.

Value.

explanation see notes on first page of tables.

Louisiana—( Continued)—
Bonds to fund floating debt of State
do
to Mississippi & Mexican Gulf Canal.,
do
to Northern Louisiana & Texas RR. Co.
do
school & seminary, held by St. Treas..
do
to N. Orleans, Mobile & Chatt. RR
do
to N. Orleans, Mobile & Texas RR
N. O. Mob. & Texas RR. bonds, end. by State
Consolidated funded bonds.
Bonds for N. O. & Pacific RR. ($2,000,000)
Maine—War loan bonds
] Coup.

Size

1870
1869
1869
1857
1870
1871
1869
1874
1878
1863
1863
1864
1868

$1,000

$6,000

1,000
1,000
1,000
1,000
1,000
1,000

260,000
10,000
48,000
70,000
2,500,000
875,000

100 &c.

6
7*30
8
6
8
8
8
7

11.777.100

500 &c.

1,000
500 &c.

100 &c.

(?)
385,000
307,000
2,330,000
2.826.900
2,010,000
2,502,555
155,615
31,069
269,000
528,355
298,435
62,605
3,326,750
225,000
465,000
691,291
500,000
220,000
888,000
200,000
4.379.500

6
6
6

6
5 g.
5 g.
5

When

Payable

1839

Railroad

Chesapeake & Ohio Canal
Baltimore & Susquehanna Railroad
Annapolis & Elkridge Railroad
Defense Bounty Loan
Deaf and Dumb Asylum

Loan
Maryland Hospital Loan, 10-15 years
Maryland State Loan
Treasury relief loan, 10-15 years
Massachusetts—Back Bay Lands Loan
Coast Defense Loan

Bounty Fund Loan
Bounty Fund Loan
do

do

War Loan,

sterling...

sterling

Troy & Greenfield Railroad loan, sterling
do
do
home
do
do
sterling
.

do
do
do
do
do
do
Southern Vermont Railroad

sterling
dollar bonds

do

Loan

Boston, Hartford & Erie Railroad,
Harbor Land Improvement (5-20s)
Danvers Lunatic Hospital
Lunatic Hospital, Worcester....
New State Prisons, sterling

sterling...

-

Michigan—Two Million Loan
War

Bounty Bonds

Canal bonds
Minnesota—State BuildingLoan
State Building loan, coupon
Railroad Bonds (notrecognized;...
Missouri—State bonds, proper
Consolidated bonds
University and Lunatic Asylum bonds
State Bank stock refunding
Bonds to North Missouri Railroad
Bonds to Cairo & Fulton Railroad
Bonds to Platte County Railroad
Bonds to Iron Mountain Railroad
Pacific Railroad of Missouri
Funding bonds
Renewal bonds, coup., 5-20s, (act Mch. 29, '71)
Saint e Marie

1837
1870
1839
1839
1868
1870 & ’74
1872 & ’76
1872
1878
1861 to ’62
1863
1863
1864
1864
1869
1858 to ’61
1861 to ’63
1871
1875
1873 to ’74

100 &c.

500

1,000
1,000

500 &c.
£100 &c
£200
£200 &c
500 &c.
200 &c.

1875
1860
1868 to’69
1874 & ’76
1874 & ’76
1875-’76
1875
1863
1865
1859
1869
1873
1858
1865 to *66
1868
1872
1874
1854 to ’58

Hampshire—Wnv loau, coupon bonds

Municipal war loan

State bonds
New Jersey—War loan bonds,
War loan bonds, tax free
do
do
taxable

tax free

New Tor7c—

Canal debt,

<

Under Art. 7, Sec. 3, of Con¬
stitution, and Art. 7, Sec. 12.

1864

1863
1864
1875
1872
1873
1873

1874

£500

1,497,980

1,000
1,000
5,000

1,000

670,000
1,300,000
200,000
3,599,024
700,000
1,350,000
1,100,000

£500

1,292,280

1,000
1,000
1,000
1,000

591,000
299,000

1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000

1859 to ’60

1861

1.366.500

3,598,450

£200

1857 to ’59

1872
1873

999,944
5,506,952

1,000
1,000

1854 to ’59
1853 to ’59
1874
1875-6-7
1857 to ’75
Hannibal & St. Joseph Railroad
1874
do
do
renewal
1877
Nebraska— Bonds (act Feb. 14,1877) coupon...
1871
Nevada— State bonds
1872
Territorial bonds..5:

New

4,000,744

100
100
100
100
100

46,000

50,000
250,000

2,275,000
439,000

2,727,000
401,000
104,000

1,693,000

267,000
504,000
1,361,000

2,971,000
1,000,000
4,350,000
1,518,000
1,482,000
549,267
160,000

380,000
600,000

&c.
&c.
&c.
&c.
&c.

2.206.100

«

473,000
1.562.900
847,500
4,302,600
2,000,000

.

>>070

tf.SSo

500,000

600,000
900,900

595,400

by the Supreme Co.irt, but the Governor declined
to sign them and w -.s sustained by the courts.
In¬
terest of dan. 1, 18 9, w^s paid, one-half cash and
one-half scrip.
The assessed value of property

in the last few years.
and personal property,

m

chase of bonds.

1879 is $177/00,oOO; personal property, $32,361,4U2.
State tax rate. 11 mills. The interest tax is

auditor estimates will produce
$730,125 in 18T9. In 1878 dWer year) collections for
interest were $536,762
There is overdue interest of
tie years 1871 to 1878 incusive, $893,604 (V. 26, p.
315, 342, 463, 470, 523, 625: V. 27, p. 41, 122, 200,
303, 677; V. 28, p. 18, 42, 173, 224, 526.)
Maine.— The sinking funds ($1,032,995), January,
1879, reduce the total debt to a net amount of
$4,815,905.
Valuation of total taxables in 1875,
$255,000,000; tax rate in 1877, 3 mills. For 1878,
treasurer advises 3% mills.
(V. 28, p. 42.)
5X mills, which the

Maryland— The assessed valuation of property in

1877 was $478,468,028; in 1876, $464,425,790, on
which the rate of taxation is 18% cents per $100.
The State has largely assisted canals and railroads,
and holds $4,735,f-2i of stocks and bonds ranked
as

productive, leaving $6,037,088 of deot without
offset: the State also holds $23,762,430 in un¬

any

productive securities.

(V. 28, p. 42.)

Massachusetts.—All interest on the funded debt of
Massachusetts is paid in coin.
The credit of
the State stands nigh in London and at home.

1878 the funded debt was reduced
$200,000.
The sinking funds in Jan., 1879, were
$11,268,599. The Hoosac tunnel and connections
cost the State about $18,854,024, including interest
paid. Real estate assessed in May. 1878, $1,118,557,164, against $1,191,583,169 in 1877; personal,

During

including Dank shares, $4i 6.667,106 in 1878, against
$505,784,594 in 1877. Savings Bank deposits Nov. 1,
1878, $210,461,396; Nov. 1,1877, $243 9 2.>25. The

loan to Boston Hartford & Erie Railroad was
Becured by deposit of $3,609,000 “Berdell” mort¬

bonds, afterwards exchanged for N. Y. & N.E.
a sinking fund of $1,084,578 Jan.
1879. (V. 26, p. 40, 523.)

gage

RR. stock, and bad
,




'

5
3
6
6
6
6
6
6
6
6
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
6
7
6
7
7
7
6
6
6
6
6
6
6
6
6
6
6
6
6
8

Various
J. & J.
A. & O.
•

•

•

M.
F.
J.
A.
J.
J.

&
&
&
&
&

48,00*0

'

70,000
2,500,000
N. Y.,

S.
A.
D.

do
do
do
do
do
do
do

A. & O.
J. & J.

g.

g.

& J.

Boston, Treasury.

& N.

do
do
do

do
do
do

& J.
& J.
N.
N.
J.
0.
O.
J.
J.

London, Baring Bros.
do
do

do
do
Boston

Treasury.
London, Baring Bros.

A. & O.
J. & J.

Treasury.
do
do

London, Baring Bros.

J. & J.
Boston, Treasury.
Boston Treasury.
Various
do
do
Various
J. & J.
London, McCalmonts.
J. & J. N. Y., Am. Exchange Bank.
do
do
M. & N.
do
do
J. & J.
St. Paul, Treasury.
J. & J.
do
do
J. & J.
J. & D.
J. & J. N. Y., Bank of Commerce^
do
do
J. & J.
do ‘
do
J. & J.
do
do
J. & J.
do
do
J. & J.
do
do
J. & J.
do
do
J. & J,
do
do
J. & J.
do
do
J. & J.
do
do
J. & J.
do
do
J. & J.

& J.

A. & 0.

Minnesota—All the State bouds are now held by

permanent school fund. Minnesota has refused
to recognize the “State Railroad bonds” of 1858
to the amount of $2,275,000.
A proposed compro¬
mise with the holders was defeated by a large major¬
ity in 1877. Taxable property, 1875, $218,855,743. of
which $45,162,467 was personal; in 1876, $218,850,744,
of which $45,302,4^5 was personal; in 1877, $*20,925,the

was personal. State tax,
2 mills; tax for all purposes in counties averages
17^ mills. (V. 22, p. 63, 567; V. 24, p. 40, 170,

$45,141,659

May 1, 1880
July 1, 1883
July 1, 1883
May 1, 1894
May 1, 1S94
July 1, 1889
Oct., 1888 to ’90

April, 1891 & ’93
July, 1891
July 1, 1895
April 1,1890
July 1, 1900
Sept. 1, 1894-96
.T’ly 1 ,’94-Sep. 1 ,’96
Mayl’95-Sep.l,’96
Jan. 1, 1895
Jan. 1, 1883

May, 1890
July, 1879
July 1,1879
July 1, 1883
Dec., 1887
1883
1888

July, 1892
April 1, 1894
1879
1879
1889
1879
1879

'

’90
’89

’87

State Treasury.
State Treasury.

April 1, 1897

do

March, 1887
Sept,, 1884 & ’89
Jan., ’92 to 1905
July 1,1879 & ’80
Jan., 1880 to ’84
Jan., 1886 to ’96
Jan., ’97 to 1902
Oct., 1893
July, 1887
Jan. 1,1883
July 1,1891
Oct. 1,1892

Concord

or

do
do
Trenton and
v

’88
’89

1895-6-7
1887 to’95
1894-5-6

do

do

to
to
to
to
to

July, 1894

N, Y., B’k N. America.

J. & J.

J.

1890
1880 & 1890
1890
1890
1885
1890
1890
1883
1885 & ’89
1887 & 1891
1887
1888 to 1893

Jan. 1, 1895
1893 <fc ’94

do

do
Boston
do
do

J.
& J.

J. & J.
A. & 0.
9*2 & 10 Various
M. & S.
9*2
M. & S.
6
J. & J.
6
J. & J.
6
J. & J.
6
J. & J.
6
J. & J.
6
6 g. J. & J.
6 g- J. & J.
6 g. J. & J.

6 g.
6 g.

do
do
do
do
do
do
do

do
do
do

....

&
&
&
&
&
&
&
&

do
do
do

do

& J.
& J.

1,1883

1890

do

Baltimore, State Agency.

& J.

Jan., 1914
Aug. 15, 1S80
June 1,1889
Oct. 1,1889

Augusta and Boston.

Q.-J.

g.
g.
g.
g.
g.
g.
g.
g.
g.
gg.
g.
g.
g.
g.
g.

July 1,1910
April, 1911

March

do
do

London, Baring Bros.

J.
& J.

Quart’y

J.
M.
J.
,T.
M.
M.
J.
A.
A.
J.
J.
J.
J.

1899
1909
1897

Winslow, L. & Co.

do
do

A. & 0.

J.

’

fundable,
per report of'
Jan. 1, 1878.

Boston, Suffolk Bank.

0.

Q.-J.

J.

May, 1910
Amounts not

875,000

& J.

J.

Priu cipal—When
due.

1

260,000

•>

J.

Michigan.—The debt has been largely diminished
Assessed valuation of real
1877, $630,000,000, and tax
rate 2* mills.
Surplus revenue is applied to pur¬

638. of which

$

M. & N.
M. & S.
A. & 0.

23781
Railroads and canals
Eastern Shore Railroad
Baltimore & Susquehanna

1838
1838
Various.

Where payable and by
whom.

1881 and ’82

Boston.
do
do

Jersey City.
do
do

do

do

N. Y., Manhattan Bank.
do
do
do
do
do
do
do
do

New Jersey.—The debt was created for war Durposes, and is provided for by sinking funds,
which amounted Jm. 1, 1879, to $1,458,352.
Of the
first
two classes of bonds the principal is pay¬
able $100,000 per year. In 1878 total valuation of

property was $531,851,849. Valuation of real property
in 1877. $119,729,400; personal $123,868,381; total,
$566,250,697, against $596,833,707 in 1V76, and $612,731,094 in 1875. State tax, 3J4 mills. (V. 28, p. 58.)
New York.—The following were valuations and
for State purposes in the years 1859 and

tax rate

1865, and from 1871 to 1878:
Personal.
Real Estate.

Year..
1859
1865

227.)

$1,097,564,524
1,158,327,371
1,599,930,166
1,644,379,410
1,692,523,671
1,750,698,918
1,960,352.703
2,108,325,872
2,376,252,178
2,373, *18,490

State tax.

$307,349,155
392,552 314
452,607,732

4 53-80
5 79-120

9%

447,248,035
437,102,315
418,608.955
407.427,399
357,911,401
379,4 8,110
364,969,110

Missouri—The valuation of all real and personal
property in 1378 was $6 '8.329,112, of which $438,663 920 was real and $173,543,091 personal. Rail¬
roads and bridges were assessed separately at $26,122 2 )1; the gross valuation exclusive of railroads
and bridges is $509 8*4,4 3. The tax rate is 40c. per

1876

sale of renewal bonds
Haunibal & St. Joseph

The general fund debt was paid in Jnly, 1878,
and the canal debt only, of about $9,0()0,010. now
remains. Town,county, and city debts estimated by
State Comptroller at $25 >,0 0,000. (V. 24, p. 17, 49;

$100. In 1877and lt-78 bonds maturing were met by
and by sinking fund. '1 he
Railroad provides for its own
debt. (V. 27, p. 200, 409.)
Nebraska.—Of these the State school fund holds
$426,267. There are also $50.00) 10 per cent “Grass¬
hopper” bonds of 18-5, due Mar. 1, lo85, interest
paid J. & J. Real estate in 1877 assessed at $37,975,987; personal at $33,335,591; tax rate, 6% mills.
(V. 24, p. 204.)
Nevada.—The debt of Nevada is hardly more than
nominal, as the bonds are principally held in State
funds.

New Hampshire.—The debt of New Hampshire
was created for war purposes, and is being gradually
reduced. The Municipal loan of 1872 was issued to
cities and towns, the proceeds to he applied to their
war debts.
Total valuation in 18»6, $199,080,353.
Tax rate, $2 per $1,000.

V. 26, p. 18, 117;

6 95-100

7*
6
3 11-24
3 1-6
2 9-10

V. 28, p. 42.)

North Carolina.—'Total

property was assessed in.
1875, *15*,546.023; 1874, $139,953,361; 1873, $143,723,813. Tax rate 1878, 38 cents
on $100. Interest is paid on bonds issued to N. Car.
RR.($2,800,000), as the State holds $3,000,200 stock
1876-7 at $143,564,557;

and receives dividends thereon.
Other interest in
default. A funding bill passed the Legislature Feb.

1879, which provides for funding old ante-war bonds
of the iace value ; “ New” railroad

at 40 per cent

bonds recognized as valid at 25 per cent; funding
bonds of l8t>6 and 1868 at 15 per cent. All over¬
due coupons are to be surrender, d ; * he 1 ew bonds
run 30 years, and bear 4 per cent interest, the first

upon

of 2 per cent

being payable

.

Special

SECURITIES.

STATE

[Vol. xxvm.

•

immediate notice of any error discovered In tfiese

Subscribers will confer A great favor by giving

INTEREST.

For

Size

Date of
Bonds.

DESCRIPTION.

explanations see notes on first page of tables

500 &c.
500 Ac.

1,000
1,000

Registered certificates of literary fund

Penitentiary bonds, act Aug. 24, 1868
Special tax bonds
Ohio—Register’d loan, payable after June, 1881
Registered loan, payable after June, 1886
Oregon—Bounty bonds

1866
1868
1867
1868

100 &c.
100 Ac.

1860
1856

100 Ac.
100 Ac.

m

•

m

m

1,000
1,000

Modoc war bonds
Willamette Canal and Lock

1870

do
April 2
Stock loan of Feb. 2 (registered)
do
do
(registered)
do
do
(registered)
do
do
(registered)

Agricultural College laud scrip

1867
1867
1872
1862
1863

—

Rhode Island—War bonds
War bonds
do do
South Carolina—State stock
State House stock
do
bonds

100 Ac.
100 Ac.

1877
1879
1852
1852
1867
1867

Pennsylvania—Reg. bonds, tax fi\, (red’ble ’92).
Registered bonds, tax free, 15-25 years
Coupon loan (except $53,000 reg.), April 2

1,000
1,000
50
50
50
50
’

1863

Ac.
Ac.
Ac.
Ac.

1,000
1,000
1,000
1,000

1864
Various
1794
1836 to’61 Various
1853 to’54
1,000

Funding bonds and stock
Blue Ridge Railroad bonds

Funding bills receivable
Payment of interest
Funding bank bills

Conversion bonds and stock
Land commission bonds
Fire loan bonds, sterling
do
stock, domestic
Bonds—Relief State Treasury
Reduction of Public Debt stock.,

1866
50,Ac
1854
1,000
1868
1,000
1868
1,000
1868
500,Ac.
1869
500,Ac.
1869 to ’70 500,Ac.
1838
1838
1869
....

m

1873
1873

act)

Tennessee—New funding bonds, act of 1873
Bonds regist’d, act of 1873,($292,300 are 5s).
Held by E.T. University (not to be funded)...
Texas— Funding State debt (act May 2.1871)..

m

m

1874
Various.

Various
Various

1,000
1,000

1,000

1872
1871
1,000
1872
1,000
1874
1,000
Bonds, act Mar.,1874 (for paying float’gdebt)
100
1874
Vet’n Pension bonds, act A pi. ,’74, (red’ble’79)
1876
1,000
Redemption of debt, act Aug. 6, ’76
1862
500,Ac.
Vermont— War loan bonds, registered
1851 to’66 500Ac I
Virginia—Obi bonds, % fundable, coupon
1851 to’66 Vari’s )
Old bonds, 23 fundable, registered
£100 Ac
1851
do
sterling, not required to be f unded
1871
100,Ac.
Consol.) Act Mar. *71) coup, tax receivable
1871
100,Ac.
do
do
reg., couv. into coup...
1872
100,Ac.
do
(Act 1872) “ Peeler,” cp. not rec’ble .
1872
100,Ac.
do
do
reg..
do
Various
1871
Deferred certificates (W. Va.)
Various
1871
Interest on sterling debt, funded (Act 1871)..
Frontier def’se,gold,act Aug.5,’70(red’ble ’91)
Revenue deficiency bonds, act Dec. 2, 1871..

-

Interest

unpaid Sept. 30, ’78, on debt proper.

•

*

*

(?)
$4,738,800
3,639,400
1,890,000
1,469,000
2,231,000
1,657,600
383,045
44,000
11,366,000
4,072,640
2,400,000
26,500
130,991
160,000
8,000,000
2,000,000
395,000
87,000

*

Rate.

4
6
6
6
6
6
6
6
6
6
6
6
7
7
7
5
*
4 42 © 5
5 g.

4!gg.
6
5
6
5
6
6
6
6
6
3
6
6
6
6
6
6
6
3
6
5
6
7
6
6
6

2,220,750
90,400
9,251,850
723,950
500,000
975,000
200,000
631,000
738,000
17,411
289,172
192,000
238,933
469,000
72,000

149,000
242,350
451,000
13,000
481,944
151,780
7,000

m

Dec., 1873

Consolidated bonds, coup. (Funding act)
do
stock (Funding
Railroad endorsements

outstanding.

$50 Ac.

1879

North Carolina—Funding bonds tax-receivable.
Railroad and improvement bonds, old
Railroad and improvement bonds, old
RR. and improv’t bonds, new (not special tax)
do
do
do
do
Funding bonds, since war
do
do

Principal—When

Amount

or

par
Value.

241,257
4,023,000
149,254
4,797,608

4^867,000

697,000
500,000

1,000,000
1,153,974
1,564,000
137,000
d1QOOIQ

Oj ii) Jj v’JLJ

923,646

15,239,370
4,640,990

g.
g.
g.
ggggg-

g-

6

g.
gg.
g.

5
6
6
6
6
6

2,331,250
18,582,900
1,641,615
2,359,500
212,833

gg-

•

•

_

*

“

~

_

*

4

1909
1868 to ’98
1868 to ’98
1868 to ’98
1868 to ’98

*

New York.
do

A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A

do
do
do
do

J.
0.
O.
J. N.
J.
J.
J.

J.
A.
A.
J.
J.
A.
A.
A.
A.

Raleigh, Treasury.

Indefinite.

New York.
do

Oct., 1898
1898 to ’99

Y., American Excli. B’k.
do
do
State Treasury.
do
do
do
do

do
do
do
do
do
do
do

do
do
do
do
do
do
do

1884
1880
1880
Feb. 1, 1902

July, 1882
July, 1882
Feb., i.877 to ’82
Feb., 1877-1882
Feb., 1882-1892
Feb., 1882-1892
1922

Harrisburg Treasury.

Columbia, State Treasury.

Q.-J.
A
A
A
A
A
A
A
A
A

July, 1881
Jan., 1887

Aug. 1, 1904

S. Providence, R. I. H. A T. Co.
O.
do
do
J.
do
do
A.
do
do

A
A
A
A

J.
J.
J.
J.
A.
A.
J.
J.
J.

Jan., 1900
Oct., 1898

Phila., Farm. A Meek. B’k.

....

6

£

Whom.

A J.
A O.
A J.
A O.
A J.
A O.

J.
A.
J.
A.
J.
A.
J.
A.
A.
J.
J.
J.
J.
J.
F.
F.
J.
J.
F.
F.
F.
F.

Due.

Payable and by.

Payable

M.
A.
J.
F.

6
5 A
6
6
7
7
7
10
6
6

14,957,300
397,000
75,000

Where

When

Tables.

J.
J.
J.
J.
O.
O.
J.
J.
J.

do
do

do
do
Columbia and New York.

Columbia, Treasury.
Columbia and New York.
do
do
do
do

do
do
do
do

Sept. 1, 1882
April 1, 1883
July 1, 1893
Aug. 1, 1894
At pleasure.
1877 to ’86
1871 to ’80

July 1,1887 to ’97
July 1,1875 to ’79
July 1, 1888
July 1, 1888
July 1, 1889
July 1, 1882

Q.-JQ.-J.

July 1, 1868
July 1, 1868

A
A
A
A

London.
Columbia.
J. Columbia A Fis. Agen. N.Y.
J.
J.
New York or Columbia.
do
do
J.

1888

J. A J. N. Y., Fourth Nat. Bank.
do
do
J. A J.
J. A J. N. Y., Fourth Nat. Bank.
State Treasury.
Various
M. A S. N.Y., Donnell,La wsonA Co.
do
J; A J.
do
do
J. A J.
do
State Treasury.
J. A J.
J. A J. New York A State Treasury.
J. A D.
Montpelier, Treasury.
New York.
J. A J.
J. A J.
Richmond, Treasury.
J. A J.
London, Baring B. A Co.
J. A J.
Richmond, Treasury.
do
J. A J.
do
J. A J.
do
J. A J.
J. A J.
J. A J.
London, Baring B. A C<x

July 1, 1914

J.
J.
J.
J.

c

*

*

*

July 1, 1893
July 1, 1893
1875 to 1900
Various.
1891
1911
1892

March 1,1904
1894

July, 1906
Dec. 1, 1890
1886 to’95
At pleasure
1886
1905
1905

Contingent
1905

*

-

tax bonds are

declared void the conversion bonds to the amount

RR. 186S, to

of $5,965,000. A committee
and ascertain what consols

ignored, and also bonds to Chatham
Wilmington & Tarboro RR. and for
Penitentiary. (V. 24, p. 17, 226; V. 27, p. 678; V.28,
p. 69, 20 ), 327.)
Ohio. —Ohio has

a

very

smafl State debt, but

$41,295.against $39,3^8,5< 9 in 1577. and $36,059,978 in

large local debts, amounting in 1878 to
840,

1876.

Valuations

in

1877 were:

Real estate in

cities, &c., $378,44.1,113; other, $706,347,619; perscnalty, $490,594,810.
Total taxes levied in 1877
$4,551,235 for state purposes, 2 9 mills, and $22,975,512 on all local taxec.
(V. 24, p. 17; V. 28, p. 69.)

Oregon.—The debt is provided for by sinking
funds, payable from land sales. Taxable property
in 1875 was assessed at $41,197,149; X mid tax
was laid for Relief bonds and 1 mill for Bounty
bonds.

Pennsylvania.—The new 5 per cent loan of 18,000,-

000 was sold to take up maturing honas.
Total
debt
November 30, 1876, $21 58 >,2l'0;
sinking

to investigate bonds
were properly issued

appointed in 1877, and reported January, 1878
(V. 26, p. 143), rejecting certain numbers of the

was

consolidated bonds. A court of claims to hear the
bondholders was appointed, and in December a re¬

port was made, of which the purport is expressed
in Chronicle, V. 28,
p. 18. Total valuation of all

property—in 1878, real estate. $83,270,998; personal.
$32,836c64; railroad property, $6,520,772; the total
for 1878-9, including counties not embraced in abstr ict, is put at $132,237,956.
Rate of taxation, 4X
mills. (V. 26, p. 68, 143, 232, 257, 420, 463; V. 27, p.
141, 165; V. 28, p. 18, 378, 402.)
funding law is given in Vol. 28,
The total debt Jan., 1879, was $20,221,300 in
outstanding bonds, and $1,156,522 in overdue int.;
there were also $416 000 bonds yet to be renewed and
$'373,t00 yet to be registered. The State’s endorse¬
Tennessee.—New

p.

353.

for railroads are $1,308,000, which is taken care
by the roads. Total valuations in 1878 $223,303,305, of which $192,340,8.5 was lands and “town
lots,” and $20,871,338 “other taxables.” The total
was $236.0'0,000 in 1877, $278,020,534 in 1876, and
$288,* 38,583 in 1375. The rate of taxation was re¬
duced from 40 cents on the $100 to 10 cents by the
Legislature, in March 1877. Tennessee bonds sold
in New York as “old,” are those issued before 1862;
“New,” issued since 1862; “New Series,” the new
funding bonds. (V. 26, p. 68; V. 27, p. 42, 165, 599,
678; V. 28, p. 44, 97, 174, 200, 277, 353, 429, 454, 526.)
ments

No tax is laid for, State
purposes on real estate, and revenue is raised
principally from corporations. Taxes are levied
on personal property, which was assessed in 1877
at $159,318,8.7, and the tax was $574,817.
State
expenses have lately exceeded revenue, and sinking
funds have been diverted to meet the deficiency.
The State holds $1,754,331 in stocks and $7,900,000
of
railroad bonds.
Any
coupon bonds may
be changed to registered. The bonds due in 1877
are payable at anv time till 1882; those of 1882 till
1892.
(V. 26, p. 16; V. 27, p. 14", 229; V. 28, p. 43,

of

146.)

Texas.— For all bonds, except 10s of 1894, the
interest and 2 per cent of principal yearly are pro¬
vided for by special appropriations.
The valuation
of taxable property in
1878 was $243,202,4^4,

fund,

$8,504,899.

Rhode Island.—The debt was all created for war
The
purposes and is being steadily diminished.
valuation of real property in 1876 was $185,159,848,
and personal, $86,89;,928, and tax rate 15 cents on

$100.
South Carolina.—The funding law approved Dec.
22, 1873, provided for scaling down the old debt by
giving new bonds to the extent of 50 per cent, and




Tax rate, 50. From the
Comptroller’s report, for 1876, we have the followTing statistics:
against $257,632,<Mi0 in 1876.

Total value of taxable
State tax

property assessed. $257,632,009
;
1,288,249

Poll tax
Miles of RR. in the State aes’d for taxes...
Value of railroads, &c
55,950.038 acres of land assessed at
Value of lots assessed in the State

$211,034
1,493

$16,577,508

110,288,629
45,674,101
115.)

....

(V. 23, p. 452; V. 24, p. 535; V. 25, p.

Vermont,.—This State has a very small debt—all
created for wrar purposes.
Of the registered bonds
$135,500 are held for Agricultural College.
The
sinking fund, Aug. 1., 1876, was $135,932.

Virginia.—'The law of April. 1879, for re-funding
the debt, is given in Chronicle, Vol. 28, p. 353.
The Funding act of 1871 provided tha* coupons
of the funded bonds should be receivable for
State taxes. For two-thirds of the old bonds a new
bond was issued, and for the other X a deferred
certificate given (as the proportion due by West

Virginia). The act of 1872 amended that of 1871
by not allowing coupons to be received for taxes.
The report of W. P. Taylor, Auditor, estimat¬
ing the revenue for he year 1878-9, ta^esthe real es¬
tate a-sessment for 1877, which is $3,688, 93 greater
than that of 1878. and estimates the assessed
value of personal property at $2,194,069 more than

1878; and without including interest on the
literary fund, he figures a deficit of $770,608.
The annual interest on the principa debt of $29.350.826, amounts to $1,742,865, of whi< h $1,215,678
was met for 1878 by the receipt of the coupons for
taxes, leaving a balance of $527,187 unpaid, not
including unpaid interest on the literary fund.
Assessed values in 1878 were: real estate, $242,702,503; personal, $73,984,368; total, $31 Mob,-72; in
1877, $326,027,346; of real estate in lo76 wa- $242,756,548, against $251,573,611 in lh73. Tax rate, 5
mills. A case involving the taxation of consols is
on appeal to the U. S. Supreme Court.
(V. 26, p.
68,135, 181, *09, 232. 342, 359, 384, 420, 524; V. 27,
p. 384. 599, 653; V. 28, p. 44, 70, 97, 121, 147, 174, 328,
353, 429.)

for

CITY SECURITIES,

31, 1879.J

May

Subscribers will confer

a

great favor by giving immediate notice of any error discovered in these Tables.
Size

Date of

DESCRIPTION.

bonds.
For explanations see notes on first page

Relief of drafted men
Purchase Congress Hall Block

are

New Post Office site

5s, due 1920)

.

High School

"W

stock

Addit’nal supply ($400,000 due i.900-3 are 7s)
Western Avenue improvement bonds
Bonds loaned to Albany A Susquehanna RR..
Atlanta, Oa.— Bonds for streets, &c
Bonds, A. L. Railroad and State House
Bonds for West. RR. and floating debt

Bonds, 1st and 2d series, waterworks
Redemption bonds
do

Augusta, Oa.—Bonds for various purposes
New bonds (for $63,000)
Baltimore—Consolidated loan of 1890

Water loan, reg. stock, red. at will after 1916

Funding loan, reg. stock, tax free
Consolidated bounty loan
Exempt bounty loan
Public parks (Druid Hill)
Park improvement loan

Five million loan to Baltimore & Ohio RR....
One million loan to Pittsb. A Connellsville RR
New City Hall
do
do
do
do
Consolidated loan
Court house loan

"Valley Railroad
Water loan ($263,000 only

are

6s)

outstanding.

1854
1864
1866
1S70-’71
1870-’78
1874
1875
1851 & ’52
1874-’77
1877
1865
’66-’67-’72
1869-’70
1872 A ’77

$223,000

6

1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000

23,000
150,000
448,000
664,000
113,000
70,000
230,000
900,000
165,000

6
6

1,000
1,000
500 Ac.

1,000
500 Ac.

1874

1,000

1877
1875

500 &c.

1,000

Various.
1879
Various.
1877
1878
1863
1865
1860
1863
1853
1853
1868
1870
1874
1864

2,033,000

100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100

7,306,546
5,000,000
1,000,000
2,211,068
410,353
555,566
185,723
5,000,000
1,000,000
1,000,000
1,000,000

Ac.

Ac.
Ac.
Ac.
Ac.
Ac.
&c.
Ac.
Ac.
Ac.
Ac.
Ac.
Ac.
Ac.
Ac.
Ac.
Ac.

100 Ac.

proper

Municipal loan
Water loan bonds, coup. (Act Feb. 22, 1875).
European A North American Railroad
Bangor A Piscataquis Railroad
Bath,Me.—Fund, debt ($24,500 are 6s, ’87, J. AJ.

100 Ao.

1858 to’72
1874
1875
1869
1869

Railroad loan
1861
1869
Knox A Lincoln Railroad ($23,750 each year)
1871-’72
do
do
(F.AA.and M.AS)..
1852 to ’64
Boston—For city purposes, war debt, &c
1864 to’77
do
do,
do
1873
Burnt district, sterling loan
1869
Consolidated street improvem’t, sterling loan.
1860 to ’64
Roxbury debt, assumed
1861 to’69
Dorchester debt, assumed
.*
1862 to ’73
Charlestown debt, assumed
11862 to’76
Mystic water debt, assumed
1868 to ’73
Brighton debt, assumed

Androscoggin Railroad

.

1,000
500 Ac.

102,500
193*000
425,000
475,000
420,600
3,521,800
14,288,500
4,997,603

1,000
1,000
£100Ae

£100Ac
1,000
Various.
500 Ac.

1,000
Various.
Various.

West Roxbury debt, assumed
1867 to ’71
Water loan, Chestnut Hill reservoir
1,000
1871
do
renewal of loan due ’70-71, all reg.
£100 Ac
1872
’72-73
do
do
do
Roxbury & Dorchester....
do
Dorchester, all registered.
do
do
do
reg...'.
Additional supply water
Various purposes, for water works
Water loan bonds, gold, coupon or reg
Public park and school buildings, registered..
Improved sewerage, registered
Improved sewerage bonds. Coup, and reg...

i rooxlyn—Debt of Williamsburgh, local!:

Brooklyn local improvement loan
Moimt Prospect Square loan
Soldiers’aid fund loan
Third street improvement loan, local.
Gowanus canal improvement loan, local
do
Bushwick avenue
do
do
do
do
South Seventh street do
do
do
Union street
do
do
do
do
Fourth avenue
do
do
do
do
..

Albany.—The loan to Albany & Susquehanna
by 1st mortgage.
The valuation of
city property in 1318 was: "Real estate, $32,5 »4.0f-0;
personal, $3,743,800, estimated to be *boiit onethird of true value. City tax rate 1879, 2*84, against
is secured

1868 to ’70
1871 to ’74
1871
1875 to’77
1876
1872 to ’75

1871 to ’74
1875-’7C
1877-78
1877-78
1879

1859 to ’61

1,000

1,000

1,000
1,000
1,000
.

100 Ac.

1861
1857
1865
1867
1866
1865
1866
1867
1862

1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000

1867

1,000

*

7
6

g&

g.

5, 5*g, 6
7
5 A 6
5 A 6

6*2 A 7
6*a A 7

688,000

1,000,000
138,000
213,000
90,000
552,000
302,000
212,000
200,000
238,000
260,000
170,000
201,000

Atlanta.—The total bonded debt Jan. 1, 1679, was

$100.

Augusta.—Of this debt, $600,000 was issued for
for canal enlargement,
water works, Ac. SinkiRg funds, Jan., 1379, $73,500.
Taxable valuation: real estate. $9,049,355; personal,
$4,692,370; tax rate, $1 50 per $lOJ. (V. 23, p. 17.)

railroads, and balance

Baltimore.—The fiscal year of Baltimore ends
now with December 31, instead of Oct. 31.
The
total

all

sinking

funds, January, 1879,
was $6,978,965.
The Baltimoie & Ohio RR. pays in¬
terest on $5,000,000 loan: Water loan is paid by in¬
come of water works’, and Public Park by City Pas¬
senger R’y, and against a total debt of
„the" city has $22,953,098 productive assets, leav¬
ing $11,009,199, against which are held $4,841,612 of
unproductive assets. The basis or taxation is
$255,000,000. The amount ieqnired to be raised in
1879 is $2,979,633 by the
Register’s estimate.
of

the




-

do

Q.—F.

do
do

6

6
5 g6
6
6

5 A 6
5 g.
6
6
5 g.

4*8
5
4
6
7
6
7
6 A 7
7
7
7
7
6
7

A O.
A J.
A J.
A J.
Various
J. A J.
J. A J.
J. A J.
A. A O.
M. A S
Various
A. A O
J. A J.
Various
Various
Various
A. A 0
J. A J.
Various
Various
Various
Various
Various
Various
Various
A. A O.
A. A O.
Various
Various
J. A J.
Various
A. A O.
Various
Various
A. A O.
Various
A. A 0
J. A J.
J. A J.
M. A N.
J. A J.
J. A J.
J. A J.
J. A J.
J. A J.
J. A J.
J. A J.
J. A J.
J. A *J.

Bangor, Me.—The valuation of real and personal

do
do

do

do

Boston, Treasurer’s Office.

a

do

do

Lincoln for its propor¬
total of $2,395,000 bonds
aid of the latter road.
Unexpended balances of appropriations and a per
cent on city debt are appropriated annually to the
liquidation of the principal. Tax valuation, 1877,
$7,267,690; tax rate, $24 50 per $1,000.
Boston.—The population of Boston in 1870 was
292,497, against 177,840 in 1860; in 1875 it was 341,919.
Valuation of real property in 1878, including the re¬
cent annexations, was $440,3-36,300, against $481,409,300 in 187/; and personal, $190,060,930. against $205,433,400; upon which the rate of taxation is $12 80
1877.
per $1,000, against $13 10 per, $1,000 in
The total funded debt April 30,1878, was $42,457,622,
and the sinking funds, bonds, mortgages, Ac.,
$16,297,245. The following is a comparison of the
appropriations granted by the City Council, and
estimated income to be received lor the fiscal year

endiiig April 30,1879, compared with 1877-8:
1877-8.

1876-9.

.$10,267,258

$9,555,892

2,369,100

2,306,950

.

.

Per

centage

$7,898,158

$7,248,942

236,946

217,468

$8,135,104

$7,466,410

1891 A 1902
1879 to ’87
1879 to’97

April, 1893

do

July, 1899
1879 to’84
1879 to’81
1882 to ’93
1881 to'94
1879 to ’81
1879 to ’91
1S80 to 1901

Boston, Treasurer’s Office
do *
do
do
do

do
do
do
do
do
do
do

do
do

do

London, Baring Brothers.
Boston, Treasurer’s Office
do
do
do
do
do
do
do
do
do
do

do
do
do
do
do
do
do
do
do
do

Brooklyn.
do
do
do
do
do
do
do
do
do
do

April, 1901
Oct., 1902
•

1880 to ’99
1901 to 1903

Jan., 1901
1905 to 1907

April, 1906
1902 to 1905
1901 to 1904
1905 A 1906
June A Oct., 1887

'

Oct., 1897
r

]
A

r—«

c8 O

?«
Pi

»

fl o'"!

J 8®

Jan. 1, 1899
1879 to ’81
1891
1887
1885 to'94
1881
1879 to 90
1879 to’90
1879 to ’90
1879 to ’86
1879 to ’95
1879 to ’95

Placing the tax to be paid to the State at $412,740,
following resnlt:

first mortgage on

mortgages on the Knox &
tion of $895,090 out of a
issued by several cities in

July 1,1894

London, Baring Brothers.

City and County
State, 1877

Androscoggin road for the debt, and 2d and 3d

July 1,1900
Jan. 1,1902
April 9,1900

Balto., N. Mechanics’ Bank. Jan. 1 ’90 A 1900
Jan 1,1895
Baltimore, Franklin Bank.
1878 to '92
Boston, Merchants’ N. B’k.
Boston or Bangor.
Jan. 1,1894
Boston, Merch’ts’ Nat. B’k.
July 1,1905
do
do
Jan. 1,1894
do
do
April 1. 1899
1887 A 1898
City Treasury.
do
*83, ’85 A ’98
City Treasury and Boston. April 1, 1891
do
do
July 1,1880 to ’99

the tax warrants exhibit the

Bath, Me.—The city holds

After 1885
At will.

.

Oct. 31,1886

Baltimore,Register’s Office.

The loans to European & North American Rail¬
road and to Bangor & Piscataquis Railroad are
secured by first mortgages on those roads.

the

.

do

property in 1878 is $9,642,431; rate of taxation, 2 14.

The tax

rate to cover fourteen months was in¬
creased in 1878 from $1 75 to $1 90 on the $100.
State taxes having been increased from 17 # cents
to 18# cents on the $100, the total was therefore *n
creased of city and State taxes from $1 92# in 1877
to $2 08# on the $100. Population in 1870 was 267,354, against 212,418 in 1860. (V. 22. p. 589; Y..23, p.
514; V. 24, p. 12; V. 25, p. 137, 334.)

May 1,1904
May 1,1879 to’85
Feb., 1881

do
do
Feb. 1, 1893-1912
do
do
Feb. 1,1883-4-5
New York.
1895-’97
Atlanta A N. Y. Park Bank.
1881, ’86 A ’92
do
do
J. A J., 1890
do
do
J. A J., 1902
do
Jan. 1,1904
do
do
do
Jan. 1, 1897
do
do
Sept. 1,1885
1879 to 1903
Augusta.
do
June 1, 1890

Q.—J.
Q.-J.

3*20 last year.

$1,815,590; floating debt, $382,415. Assessed value
of real estate in ls78, $12,230,000; personal property,
$5,766,530. Tax rate for all purposes, $2 30 per

1910-20

do
do

A
A
A
A

A.
J.
J.
J.

5 g.

1,947,273
700,000
465,000
375,000
370,000
3 00,000
648,000
366,000
3,452,000
550,000
143,000

May, 1879
June, 1880 to ’84
Boston, Merchants’ Bank. Feb., 1885 to ’94
New York.
March, ’80 to 1900

Balto., N. Mechanics’ Bank.
Q.—J. Balto., Farm. A Plan. Bank
J. A J. Balto,. N. Mechanics’ Bank

6
6
6
6
6
6
6 A
5 A
6
6
6
6
5
6
5

1,228,000
183,641
410,000
2,040,000

New York.
do

N. Balto., N. Mechanics’ Bank.
do
do
N.
do
do
S.
S.
do
do
do
do
Q.—M.
do
do
Q.-J.

5A6

1,060,000

Due.

Balto., Farm. A Plan. Bank

Q.-J.

M.
M.
M.
M.

5
6
6
6
6
6
6
6
6
6
5
5
6
6
6
6

3,449,199

Principal—When

payable and by
whom.

.

July 1,1890
July 1.1916
After July, 1916
Sept. 1,1893
Sept. 1,1893
Sept. 1,1*890
Jan. 1,1895
Jan. 1,1890
Q.—J. Balto., Farm. A Plan. Bank.
Jan. 1,1886
J. A J. Balto., N. Mechanics’ Bank.
July 1,1884
Q#—J, Balto., Farm. A Plan. Bank.
do
do
Q.—J.
April 15,1900
March 7,1902
do
do
Q.—J.

6

814,000

392,300
104,500

M. A N.
J. A J.
J. A J.
J. A J.
J. A J.
J. A J.
M. A S.Various
J. A D.

5

375,000

Various.
Various.
Various.
Various.

Various.

6 A 7
6
6
8
7
8
7
8
10
7
6

943,161
85,900
800,000
1,000,000
755,900
1,015,300
2,779,700
1,375,000
117,000
156,000
100,000

1,000,000

N.
D.
A.
a
Various
M. A N.
M. A N.
F. A A.
F. A A.
F. A A.

7
7
6

500.000

1,000
1,000

M. A
J. A
F. A
M. A

7

418,000
430,000
77,000
52,000

Where

Payable

5, 6 A 7

1,000,000
436,000
400,000

250 Ac.

When

Rate.

$1,000

Endorsements for Western Maryland RR
do
do
Union Railroad

Bangor, Me.—City debt

INTEREST.

Amount

value.

1870
1872
1872
1873
1874

Funding loan

Western Maryland Railroad
Jones’ Falls

or

par

of tables.

Albany, N. Y.— Albany A Northern Railroad i’n
City improvement
Washington Park ($40,000

Vll

1877-8

1878—9

$8,137,104

$7,466,410

619,110

412,740

$8,754,214

$7,879,150

The Auditor estimated that if the assessed valua¬
tions were reduced to $660,000,000, the tax rate re¬
quired would be nearly the ►ame as in 1877, when it
was
$1.3*10 rer $1,000; the total valuations, as
above, were actually made $630,427,200. (Y. 26, p.
39; V. 27, p. 40; V. 28, p. 145.)

Brooklyn.—There are

also $25,000 7 per cent

National Guard bonds due 1880-81. The whole city
debt was as follows on December 1, 1678 :
Permanent loans.
$29,401,506

Sinking funds

4,781,978

Balance

$24,619,522

Loans chargeable on
Tax certificates

specified property

.

9,756,000
3,100,000

Total net debt

$37,475,318

The uncollected taxes were $449,15S on personalty
and $4,675,715 on real estate. The debt increased
in 1876 $781,623, m 1877 $609,382, and m 1878 $1,235,566.
Population in 1870, 396,200. against 266,661 in
for five years have been:
Real.
1204 132 803
1874
1875...
208,904.750
1576..
213,134,543
1877..
216.481,801

18/*8...

218,373,093

Personal.

Rate.

$16,136,304

$35 50

16.287,125
13,87 8,580

34 27

13,111,215

32 54
31 10

14,968,911

27 02

SECURITIES.

CITY

?iij
Subscribers will confer

a

great favor by giving Immediate notice of any error discovered In these Tables.
Date of
Bonds.

DESCRIPTION.
For explanations see notes on first page

Size

1867
Kent avenue basin
1869
do
do
1870
New York Bridge loan, registered and coupon
Bonds for N. Y. & Brooklyn Bridge, cp. or reg.
1876-’78
Prospect Park loan, registered and coupon ... 1860 to ’73
1860 to ’72
Prospect Park loan
1857 to’72
Permanent water loan
do
do
1872 to ’75

■Sewerage fund bonds, continuous, local
do
do
S’th B’klyn

Temporary tax certificates
■Buffalo, N. 1'.—Funded debt bonds

1870
1873
1876 to ’78
1853 to’75
1873 to ’75
1871 to ’73
1868 to ’76
1876
1876
1876-77-78
1878
1879
1858 to ’63
1864
1863
1856 to ’76
1873-’74
1874-5
1866
1866 to ’77
1865
1867 to ’75
1869-71

678581
Railroad...

Bonds, coup, or reg

•Cambridge', Mass.—City bonds
City bonds
do
do
do
do

Water loan
do
do
do

do

'Charleston, 8. C.—City stock

City bonds,

Chelsea, Mass— Funded debt,
Funded debt, coup

outstanding.

$1,000

$453,000

1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000.
1,000
1,000
1,000
1,000

427,000

•

•

•

•

•

•

•

•

coup

^

_

•»

1,000

1000 &c
500 &c.

1,000
1,000
500 &c.
500 &c.
500 &c.

1,000
500 &c.

1,000
1,000
1,000

_

ts

®

®

River improvement bonds

5()0,&e.

responsible for nineteen-twentieths.

(V. 25, p. 358;

V. 26, p. 282; V. 28, p. 41.)

Buffalo.—In

1875 real and

personal

property

assessed at $39,968,105; in 1870 rule of valua¬
tion changed and assessment was $111,995,905. In
1877 real estate *as $91,130,''70; personalty, $8,844,705; total, $99,975,575. Buffalo also pays 7-10 (being

were

$712,390) of Erie county debt. City tax-rate, 1877,
$12 43 on the $l,0i<0. Since June 1, 1877, poupon
bonds have been

exchangeable for registered.
•22, p.233, 521; V. 23, p. 135.)

(V.

Cambridge, Mass.—The sinking funds amounted
The investments are
nearly all in city bonds at par and stamped “ not
negotiable.” Only $52,000 debt matures before
1881.
Tax valuation, 1875, $66,623,014; 1877, $55,000,000. Total debt, $4,805,175. Population, 1875,
47,838.
to $876,566, December 1, 1877.

Charleston, 8. C.—The bonds of Charleston are
mostly held within the State of South Carolina.
The assessed value of real estate in 1877 was $18,669,623; personal, $7,922,155; rate of tax, $2 60 per $100.
<V. 26, p. 360; V. 27, p. 407.)

Chicago.—The

net funded debt January 1,
1879, was $13,067,000. Old certificates of indebted¬
ness, $321,000
Advances and warrants, $2,210,401.
Assessed value of real property, 1878, $104,420,-




100,000
200,000
624,500

6

1,000
1,000
1,000

3,408,000
7
2,000,000
7
640,000
7
4,191,500
6
1,062,000
6
210,000
7 3-10
250,000
7 3-10
300,000
6
99,000
6
195,000
6
397,500
6
146,500
7 3-10
750,000
6
60,000
6
175,000
6
100,000
7 3-10
150,000
7 3-10
150,000
7 3-10
100,000
7 3-10
136,000
7
450,000
7
600,000
7
700,000
7 3-10
9,300,000
6,000,000 6g. or 7*3
7
1,000,000
•

1847 to ’50
1847 to ’48

500 &c.
500 &c.

1867-’68
1853
1853

1,000
1,000
1,000
1,000

....

7
7
7
7

1,000,000
50,000
300,000
50,000
300,000
1,700,000
1,431,000
315,000
264,000
409,000

_

of

,

1653

1860
1862
...

1869

1873
1874

...

Assessed Value.

Real Estate.

Personal.

$13,130,677
21,637,5)0
25,892,303
31,198.135

$3,711,154

5,355.393
5,843,776
5.855,377
31,587,545' 5,552,300
66,495,116
19,447,941
140,857,040
51,392,604
174,505,410
53,939,469
211,3 1,240
54,653,640
223,643,600
52,342,950
236,898,650
52,84:,820
239.154,890
45,042,540
49,103,175
262,969,820
258,549,310
45,155,830
125,468,605
48.295,641
131,222,460
36,815,713
11 <,684 314
34,715.834

104,420,053

Cincinnati.—In

addition to

£

§
OD

•

lie.
ci o

i'S

2,

1879 to’90
1879
1901 to’24
1907 to 1912
1915 to ’24
1915 to ’24
1881 to 1908

'■Sm
a

ri
©

-

£

cd

aw
o

3 years
3 years
3 years

from date.
from date.
from date.

1880
1875
1878-1881
1879 to 1895
1893 to 1895
1881 to 1893
1879 to 1926

27,561,383

,

the

Boston, N. Bk. Redemption
\

do
do
do
do
do
New York and Boston.
do
do
do
do
do
do
do
do
do
do
do
do
do
do
New York (see remarks.)

N.

do

Y., Metropolitan Bank.

1879 to 1883
1879 to 1895
Feb. 17, 1883

Aug. 1,1887-’95
1880 to ’98

July 1, ’82 to ’95
July 1,1880
1880 to ’95

1890 to ’95

July, 1895 & ’96
1881 to ’99
1878 to ’79
1890

May 1,1880-’92

1880 to’84
Various N. Y., Am. Exchange Bank.
M. & N.
do
do
Nov., 1885
J. & D.
do
do
June, 1888
1888 & 1889
Various
do
do
do
J. & J.
do
Jan., 1890
do
M. & N.
do
Nov., 1890
A. & O.
do
do
April 1,1895
M. & N.
do
do
March, 1897
1897
do
do
Various
do
J. & J.
do
Jan., 1900
do
Various
do
June & Oct., 1900
M. & S.
Cincinnati.
March, 1908
M. & S. N. Y., Am. Excli. Nat. Bk.
Sept., 1899
M. & S.
do
do
Sept., 1899
A. & O.
do
do
Oct., 1899
M. & S.
do
do
March 1,1886
F. & A.
do
do
Aug., 1886-’97
Dec. 1,1891
do
do
J. & D.
do
do
J. & J.
July 1, 1902
do
do
J. & J.
July 1, 1902
M. & N.
New York or London.
May 1, 1906
Nov. 1, 1908
M. & N. N. Y., Am. Excli. Nat. B’k.
M. & N.
do
do
May 15,1904
J. & J.
do
do
Jan. 1, 1896
F. & A.
do
do
Aug.,’85, ’90 &’95
M. & N.
do
do
May 1,1906
1879 to’82 *
1879 to ’95
Various N. Y., Am. Excli. Nat. B’k.
do
do
Various
187a to ’94
do
do
1887 to ’92
Various
do
1894 to ’96
do
Various
1878 to’88
do
Various
do
do
do
J. & J.
1878, ’83 & ’84
.

•

.

„

Tax

named, there remain several smaller amounts, as fol¬
$108,000 5s, November, 1834; $56,000 (YY2, &
O.) 6s, 1886-88; $17,000 6s (Q.), Nov., 1890; $27,000
6s (A.), Mar.,:,897; $50,000 (H2.), Aug., 1897. City
holds $950,000 of Cincinnati Southern bonds in
sinking funds. In 18:0 the population was 216,239,
against 161,044 in 1860. Tax rate for 1877, $29 10
per $1,000.
The following table from the books
of the Auditor of Hamilton County, Ohio, exhibits
the assessed valuation of the city of Cincinnati in
the year 1860, and from 1870 to 1877:
lows:

Rate.

Rate tax

$....

15
20
13
14
15
15
10
15
18

00
00
00
00
00
00
00
00
00

18 00
27 04

28 60

Population in 1870 was 396,605, and in October, 1878>
436.731, against 109,260 in 1860. The South Park*
West Chicago Park, and Lincoln Park loans are not
debts of the city, but of distinct corporations.
(V. 23, p. 622; V. 24, p. 443; V. 26, p. 192, 289, 436,
522; V. 28, p. 223.)
:

do

M. & N.

$897,176.

Vpft_
Iear*

do
do
do
do
do
do
do
do
do
do
do

& J.
& J.

J.
J.

„

6 & 7
6 & 7
7
7
6 & 7
7

200,000

A. <fc O.
Various
F. & A.
F. & A.
J. & J.
J. '& J.
J. & J.
J. & J.
J. & J.
J. & J.
J. & J.

053; personal, $27,561,383—total, $131,981,436. Tax
rate, 1878, $2 86 3-10 on the Illinois State valuation,
and the city debt is limited to 5 per cent of that. A
decision of the Ill. Supreme Court in Feb., 1H78,
held the certificates of debt issued prior to May,
1877, as in violation of this and void. A subse¬
quent decision held city scrip of 1878 valid. Of the
funded debt, $4,248,000 is on account of the
Water Works, which in 1878 yielded an income

1877

Chelsea, Mass.—Sinking fund, $70,548, and $21,000
to be added annually. Tax valuation, 1878, $15,767,407; rate, $1 76.
Total debt, $1,591,252. Popula¬
tion, 1875, 20,737.

6
7
6
6
7
7
7
6
7

1,000

Brooklyn.

....

5^

87,000

1,000

J.
J.
J.
J.
J.
J.
J.
J.
J.
J.
J.
& J.
& J.
....

7

2,543,000
2,611,000
195,000

1870
1,000
1863 to ’72 500 &c.
1844 to ’54
1,000

1855

99,000
100,000
150,000
1,597,000
689,000
514,000
100,000
774,000
55,000
485,000°
162,000
3,898,454
51,500
266,800
500,000
149,000

50v> Ac.

500 &c.

1855
1868
1868
1860 to ’61

100,000

3,625,000

1858
1869
1,000
1869
1,000
1869
1,000
1871
1,000
1871-’72
1,000
1871
1,000
1872-’74
500 &c.
1874
1,000
1876
500 &c.
1878
1,000
1874
1,000
1875
1,000
1875
1,000
1876
Hospital bonds
Street improvement bonds, short
1876-’77
Clevelana— Water works ($225,000 are 6 p. ct.). 1854 to ’75
1854 to ’74
Funded debt ($100,000 are 6 p. ct.)
Lake View Park
1872 to ’74
1874 to ’76
Canal and canal lock
School ($294,000 are 6 p. ct.)
1864 to ’71
House of Correction
1868

The debt of Kings County, separate from the debt
of Brooklyn, is $4,181,821, of which the city is

5,

1,000
1,000

•

&
&
&
&
&
&
&
&
&
&
&

Various
Buffalo and New York.
Various
Buffalo.
Various
7
Buffalo and New York.
Various
do
do
7
6
N. Y. Gallatin N. Bk.
J. & J.
July 1, 1896
Prior to 1936
M. & S.
6
Buffalo & New York.
do
do
July, 1879-’83
6 & 7 J. & J.
M. & S.
5
do
do
Sept. 1, 1898
A. & O.
5
April 25, 1898
1879 to 1882
5
Various Boston, Bank Redemption.
A. & O.
do
5
do
April 1,1889
5 g. J. & J.
Jan. 1,1893
Boston, Tremont Bank.
J. & J. Boston, Bank Redemption. Jan. 1,1881 to ’96
6
J. & J.
do
Jan. 1, 1903-4-5
6
do
A. & O.
do
do
6
Apr.& Oct. l,’84-5
6
J. & J.
do
do
July 2,1886
6
J. & J.
do
do
July 1,1881 to ’97
6
F. & A.
do
do
Aug. 1, 1883
A. & O.
6
do
do
Apl. 1, 1887-1895
M. & N.
6
do
do
May, 1889-1891
1878 to ’98
6
Charleston.
Q.-J.
Various
do
1883 to ’84
6
1890
J. & J.
7
New York City

1,170,000

1,000
1,000

Municipal bonds
Municipal and School bonds

South Park loan (secured on South. Div.)
West Chicago Park (secured on West. Div.)...
Cook County dfbt
Cincinnati- Loans to Railroads. F,A, G,H,I& M
Bonds to O.A M. RR. to purchase whf. prop.N
Bonds for erection of a Workhouse
C2&03
Bonds for Water Works
Bonds for Common School purposes
P
Bonds to O. & M. RR. to purchase whf. prop. .N
Bonds for ext. ana impr. Water W..C, D. &E
Bonds for funding floating debt
A2
Bonds for new Hospital
S&S2
Bonds for funding floating debt
L
Extension and improve. Water Works.. .K &F
Bonds to purchase Orp’n Asyl. grds. for park.O
Bonds for sewerage
R
Bonds for improving Gilbert avenue
U
Bonds to build Eggleston avenue sewer... .B3
Bonds for improvement
W
Bonds for Water Work purposes
C4&C5
General improvement
W2
Cincinnati Southern RR
do
do
do
do
($3,142,000 are gold 6s)
do
do
(for $2,000,000)
Floating debt bonds, coupon
Park improvement
Water-works bonds
D1

1,000
1,000
1,000
1,000

Due.

,

100,000

y

704,632
50,000

Sewerage bonds
do

6 & 7
7
7

3,100,000
2,099,250
1,000,000
700,000
2,729,382
100,000

1,000
1,000
1,000
1,000

....

Water loan

7
7

842,000

r

do
Water loan, coup

Chicago—Water loan

5, 6 & 7

618,000

1866

due debt...

7

J.
J.
J.
J.
J.
J.
J.
J.
J.
J.
J.
J.
J.

Principal—When

Payable and by
Whom.

Payable

7
7
7
6&7
7
6
6
7
7 & 5

4,612,000

Where

When

Rate.

3,000,000
4,400,000
8,019,000
1,217,000
9,777,500
1,439,500
1,650,000
100,000

1853 to’54

coupon

Fire loan bonds, coupon
Conversion bonds, to redeem past

INTEREST.

Amount

Value.

of tables

Assessment fund bonds, continuous, local....
Central and Knickerbocker av. sewer bonds..
Boulevard bonds

or i

par

Brooklyn—( Continued)—
Wallabout Bay improvement loan

Buffalo & Jamestown Railroad
Buffalo New York & Philadelphia
Water works bonds
Water bonds, coupon
Park bonds (Act May 17, 1875)
Tax loan bonds
Water bonds, reg

[[Vol. XXVIII.

issues above

Personal

Real
Year.
1860..
1870..
1871..
1872..
1873..
1874..
1575..
1876..
1877..

estate.

,

estate.

Total
valuation.

per

$1,000.
$17 45
31 60
22 20
20 10
23 06
23 38
28 82
27 04
29 10

$31,411,812 $93,032,716
57,370,754
78,736,482
136,107,236
123.427,888
56,9:14,044
180,361,932
119,621,856
55,462,410
175,084,296
64,166,460
121,479,230
185,645,740
58,7 i 8,284
123,231,790
181,950,074
184.498,565
58,521,730
125,976,835
127,143,900 58,805,066
183,952,986
50,609,872
179,430,142
128,820,270
—The city is the sole owner of the stock of the
Cincinnati Southern Railroad, which is leased to a
company formed to operate it. (V. 23, p. 379, 514;
V. 24, p. 11; V. 25, p. 16; V. 26, p. 384, 469, 522; V.
27, p. 94, 172, 251, 280, 677.)

$61,620,904

Cleveland.—The valuation of property for

taxation

1877 was $51,732,029 real, and $19,296.122 personal;
tax rate, 1878,17 17-20 mills, of which 8 1-5 mills are
levied for interest and sinking fund. The sinking

in

fund, Jam,’76, amounted to $1,700,000, market value.
street improvement and street opening

The sewer,

bonds are for special local
redeemed by assessments on
fited. (V. 27, p. 677.)

improvements, ana
the property bene¬

May 31,

CITY SECURITIES,

1879.J

Subscribers will confer a great

E.C

For

favor by

giving immediate notice of any

Date of

DESCRIPTION.

bODd8.

explanations see notes on first page of tables.

Clevelands—(Continued)—

Viaduct (mostly F. & A., A. &
Bonds

1876-77
1873 to ’77
1877

1878
1870
1875
1878
Funding bond fund
Detroit, Mich - Bonds for various City purposes 1855 to ’59
Bonds for Water Work Co., on city’s credit... 1855 to ’76
1859 to ’71
Public Building stock (City Hall) bonds
1872 to ’74
Public sewer bonds
1871 to ’74
Elizabeth, N. J— Improvement bonds
Bonds
Des Moines, Iowa—Bridge bonds
Renewed judgment and loan fund

Consol, improvement bonds
Funded debt bonds
.•
School House bonds
Market House bonds
Consolidated improvement bonds
Funded assessment, bonds
Tax arrearage bonds

•

•

m

*

$647,259

•

•

•

m

m

•

do
do
do

6

1,568,000

5, 6, &7

1,000

175,000,
130,400
1,401,000
600,000

....

•

•

•

229,0008

•

1,000
m

m

m

340,500

m

297,500
986,000
755,000
90,000
66,000

1,000
1,000
1,000
1,000
1,000

m

m

City bonds....

•

•

•

_.

Large.
lOOOAc.

250,000
600,000

1,000
1,000
1,000

do
do

Water loan

400,000
200,000
372,000
850,000
50,000

1,000
1,000

do
do

Fitchburg, Mass.—City notes
City bonds

400,000
300,000
100,000
467,800

1,000
1,000
1,000

Water loan
do

Galveston, Texas- Bonds for various purposes... 1869 to ’75
Limited debt bonds (sinking fund 2 per cent). 1877-8-9

blk. 321
bonds, G. C. A S. F. RR—
Hartford, Conn.—Water bonds ($50,000 due’81)
do
do

City bonds (H. P. & F. RR )

bonds are for $500 each)

'

($66,666

Revenue bonds, coupon or

j.

Des Moines, Iowa.—Assessed value of property,
$5,104,24 >, wh cli is about 50 per cent of true value.
Tax rate, $5 per $100.

Detroit, Mich.—'The amonn+s of bonds outstanding

given less those held by sinking fund. The
population in 1870 was 79.001;* in 1874, by State cen¬
are

101,088.

The value of waterworksis $2,483,880,

against a debt of $1,401,000. The waterworks bonds
are issued on a pledge of the city credit, and $75,000
per year collected in taxes to pay interest on them.
Assessed valuation, in 1878, real and personal prop¬
erty, $87,855,685 agam^t $93,709,370 in 1877, which
is made on the basis or true value, but prior to
1876 assessments were on basis of 30 per cent of
real Value.
Tax rate, 90 cents per $100.

Elizabeth, K. J.—Default was made in interest
Feb. 1, 1-74, see V. 28, p. 146. Total bonded and
floating debt Jan. 1, 1879, was stated at $5,823,865.
Estimated true value of real and personal property,
$28,0O(J,OOO'; assessed valuation, #14,400,090. Tax
rate is $3 56 within the lamp and water district.
Population in 1875, 25,000. (V. 27, p. 461, 539; V.
28, p. 146.)
Evansville, led.—No floating debt.

Total assess¬

ment of real and pe

sonul property in 1S78, $23,500,000;' tax rate, $1.25.
Fall River, Mass.— The sinking fund amounted to

$143,068,. January 1, 1877.

The water works are
completed. Total debt, $3,537,041. Popula¬
tion, 1&75,45,310.

now

Fitchburg, Mass.—Sinking fund, $69,500.




202,000
500,000

1,000
1,000

300,000
1,000,000
227,000
243,000
250,000
226,500

Total

130,000

.

1,000
1,000
1,000
500

155,000
500,000

1,000
1,000

300,000
300,000
300,000
200,000
109,500
1,163,000
3,109,800

1,000

1,000
1,000
500

1,000
1,000
1,000
1,000

416,000
622,000

500 Ac.

1,000
1,000
1,000
P,000

1,869,000
2,161,500
125,000
500,000
885,400

Various

173,550

1,000Ac

150,000
400,000
50,000

1,000Ac
1,000Ac
Various
500 &c.

1876
1878

registered

Two-year temporary loan, June 17, 1878

sus.

475,000

1,000
1,000
1,000
1871-’74

1874
1872
1873
are
A J.)
1869 to ’70
Indianapolis— Bonds to railroads
1877
Bonds to Un. RR. Tr. Stock Yard (mortgage).
1873
Loan bonds, series A
1874
do
do
B
1874
do
do
C
1875
do
do
D
1874
Purchase-money bonds—Southern Park
Jersey City—Water loan bonds, mostly coupon. 1852 to’67
1869 to ’73
Water loan bonds, mostly coupon
1877
do
do
do,
1873
J
Forty-year bonds
1871
Improvement bonds
1872 to’76
do
do
1870
Morgan street dock
..
1872
t.
Funded debt bonds
Various.
Old Jersey City bonds, coupon
Various.
Hudson City bonds
1869
Bergen school loan bonds
...
1869
do
street improvement bonds
1869
do
improvement and water bonds
Various.
do
bounty loan
Various.
Greenville street improvement bonds, &c
1875-’76
Assessment funding bonds
"Wfttcr loan
Railroad loan

100 Ac.

1876

Water bonds

Capitol bonds
Holyoke, Mass.—City notes
City bonds

1,000
1,000

35,000
414,000
250,000
125,000

1873

Bonds to purchase
Galveston County

Park bonds (4 of these
Funded debt

362,700

73,000

125,500

.

7
7
6
6
7

5, 6,7
5
6
6
6
6
7
6
6
6
10
8
8
10
6
6
6
6
6
6

6
6

6 A
6
6
7
6
6

73
73
73
7*3
7-3
6
7
6
7
7
7
7
7

6 A 7
7
7
7
7
7
7

900,000
400,000

500,000

....

Various N.Y., Amer. Exch. Nat. Bk.
do
do
Various
do
do
Various
do
do
do
do
Various
New York.
M. A S.
do
New York.
J. A D.
do
J. A J.
do
J. A J.
Various N. Y., Metropolitan N. Bk.
do
do
Various
do
do
Various
do
do
F. A A.
Various N. Y., Farmers’ L. A T. Co.
do
do
do
do
Various
do
do
Various
do
do
Various
do
do
A. A O.
•

•

7
....

M.
M.
J.
J.
J.
A.
M.
J.

A
A
A
A

are

10

percent

Sept. 1, ’78, to ’86
1898

June, 1880
July, 1885
July, 1888
1879 to’89
1879 to 1906
1879 to ’91
1892 to’94
1879 to ’81

to ’95
to ’93
to ’86

1880
1881
1879
1885

to’96

A
A
A

A

currency,

May 1, 1898
May 1, 1890
Dec. 1, 1890
Dec. 1, 1895
July 1, 1895
April 1, 1906

New York.

N.
N.
D.
D.
J.
0.
N.
D.

do
do
do
do
do
do
do
do

Various
Various
F. A A.
M. A N.
M. A N.
M. A N.
F. A A.
M. A N.
J. A J.
J. A J.
J. A J.
Various
M. A S.
M. A S.
J. A J.
J. A D.
J. A J.
J. A J.
F. A A.
J. A J.
F. A A.
J. A JJ. A J.
Various
A. A O.
J. A J.
A. A 0.
Jan.
J. A J.
J. A J.
J. A J.
J. A J.
J. A J.
J. A J.
J. A J.
Various
J. A J.
J. A J.
M. A N.
Various
J. A J.
M. A N.
Various
Various
J. A J.
J. A J.
J. A J.
Various
J. A J.
Various
J. A D.

May 15,1906
June 1, 1907

do

1908
1881 to 1888
1880 to 1891

Boston, Revere Bank.
Boston, Bank Redemption.

Aug. 1, 1894
May 1, 1895

City Treasury.

do
do
do

do

do
do

except

$35,000park 8s, due 1892-1902, and the limited debt
bonds. Assessed value of real Mid per>onal prop¬
erty. 1878, $17,000,000. Tax rate, $1 25 on $100.
(V. 25, p. 283.)

Hartford, Conn.—Total debt, April, 1878, $3,050,00 .); net. after deducting resources, $2,152,100. lax
rate in 1877, 9'4 mills for city, and
for town pur¬
poses; for 1878, 8X mills for city was recom¬
mended.

Holyoke, Mass.—Bonds all coupon, but can be
Total debt,
registered. Sinking find, $12,000.
$46 >,5:0. Tax valuation, 1577, $9,399,820. Popula¬
tion, 1875. 16,260.

Indianapolis —The assessment of taxable prop¬

erty in 1878 was $50.029 975; tax rate, $1 03 per
$100. The'Scheol Board is a distinct organization,
and levies its own tax, which is included in tax
rates and amount above given.
There are a few
other small issues, amounting
in all to about

$50,000.

Jersey City.—One of the main cause* of the

tem/orary embarrassment of Jersey City is found
in the failure to collect back assessments
Thi
Fuelling Post writes, as quoted at length in the
Chronicle, (Vol. 28. p. 173) that an~ examina¬
tion of tne assessments charged against property
wiil show that this account has never yielded

Nov.1,1879-1880
1892-1906
Aug. 1, 1899-1905

Nov. 1,

City Treasury.
Boston, Merchants’ Bank.
do
do
Galveston.

do
do

1882
July 1, 1893
July 1,1891
July 1, 1895-1906
Nov. 20,

1880 to’91
1907-1909

do
do

1S93-1902

1906
New York.
Merchants’ Bank, Boston. June 1, 1879 &’81
do
do
July 1, 1881
►
Phoenix Bank, Hartford. 4 July 1, 1890-’93

Aug. 1, 1900
City Treasury.
June 1, 1891
Boston.
Merchants’ Bank, Boston. Aug. 1,1882 & ’84
Jan. 1, 1893
City Treasury.
Jan. 1, 1897
do
1879 to 1886
City Treasury.
Oct. 1, 1889
do
Jan. 1, 1900
do
do
Jan.AApr.l, 1894
Jan. 1, 1889, to’90
City Treasury.
Jan. 1, 1897
N. Y., Winslow, L. A Co.
do
do
July 1, 1893
do
do
July 1, 1894
Suffolk Bank,

July 1, 1894
July 1, 1.895

do
do
do

do
do
do

N. Y., Merch.
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do

Jan.

1. 1899

Ex. N. Bank. Jan., 1879 to ’95

,

-

do
do
do
do
do
do
do
do
do
do
do
do

1899 to 1913

1892 to 1906
June 8, 1900

May 1,1897
1879-’90
Various.

Jan., ’98 to 1900
July, 1889
July 1, 1870
Various.
Various.
1905-6
June 1,1886
June 17,1880

do

„

July 1, 1907
July 1,1913
May, 1891

'

do
do
do

....

Galveston, Texas.—The total city debt is $865,500,
which all

1878 to ’92
1878 to’84
1878 to ’86
1878-’87
1893 & 1907

•

Bonds all coupon.

of

due.

whom.

payable

Tax valuation, 1876, $11,711,888.
Population, 1875, 12,289.

debt, $894,993.

Principal—When

payable and by

...

7
7
7
7
7 3-10

300,000
300,000
105,000
100,000
100,000
280,000

Where

When

•

200,000

■

m

1878
a

7

712,000
244,000
250,000
100,000
100,000

1869

discovered in these Tables.

....

7
7
7

1,575,000

....

m

6
6
10
7
7
7
7
7
7
7

213,000
378,000
174,000

1868
1869

Fall River, Mass—City notes

6 A 7

1,000
1,000
1,000
1,000
1,000

•

•

Rate.

1,335,441
1,010,463
111,000

1869
1870
1876
1876
1877

Redemption bonds

-

•

1870 to’75
1872 to ’73
1865 to ’66
1875-’76

Evansville, Indiana—E. H. & N. RR. bonds
City wharf bonds

do
do
do

outstanding.

error

INTEREST.

Amount

or

par
value.

....

O. and J. & D.)

AP. RR. bonds
do
do
Water works bonds

Size

1860 to ’76

Main sewers, special assessment
Street improvem’ts do
Street openings, &c.f do
Infirmary ana River dredging

]X

What is reasonably to be expected out of these
arrears of assessments, which almost cost more
than they can ever be worth? The best w.«y to come
at this is to review the assessment account up to

January 22, 1879.

This reads as follows:

A. Total amount for which assessment
bonds were issu'd
...... .......
B. Total amount of assessments as orig¬
...

inally confirmed
C.
D.

...

Amount of re-assessment
Amount placed on the

5,532,539

3,939,262

city Dy this

re-assessment

E. Amount collected on

$6,060,000

original con¬

1,152,739

firmation
F. Amount collected on re-confirmation.
G. Amount placed on city on assessments
not re-ass^ssed....

1,894,219
2,354,747

II. Amount of assessments not set aside.
I. Amount n;>w confirmed and due (ob¬
tained by subtracting from the sum
of items C and G, the sum of D and

396,782

H, and subtracting from the

1,553,783

result

item F)
1,583,676
In this balance due of $1,588,676. the interest
accrued has not been included. This would amount
to about $200,000.
It is concluded that $1.250,000,is
a reasonable net sum to be expected out of the back
assessments.
The total debt of the city January, 1379, was

funds,
$1,014,536; taxes
*2,394,491.
Assessed valua¬
tion, 1877: Jersey City, real $54,581,869, personal
$6,0 3,150; Hoboken, real $14,016,900, personal
$16,352,014;

due

and

sinking

unpaid,

$1,449,400; Bayonne, real $5,183,256. personal $159,77ft. Population by State census in 1875 was 116,883,’
e oough to pay mdre than the interest on its own
against 85.000 by U. S. census of 1870. (V. 28, p.
bonds, and since 1874 it has not sufficed for that. '173, 199, 352,454.)

CITY

X

Subscribers will confer

a

Date of
Bonds.

For explanations see notes on tirst page

[VOL. XXVIII.

by giving immediate notice of any error discovered in tliese Tables*

great favor

DESCRIPTION.

SECURITIES.

of tables

Size

par

INTEREST.

Amount

or

outstanding.

Rate.

Value.

Principal—When

When

Where

Payable

Payable and by

Due.

Whom.

.

1859 to ’64 5000&C.
1862 to ’75 5000&C.
1874
1,000
500 &q.
1873-’75

Lawrence, Mass.—Funded debt.
Funded debt
do

Water loan

....

City bonds ($50,000 each year)
do
($110,000 due 1885, $210,000 1!
Lewiston & Auburn Railroad
Water bonds

Louisville, Ky.—For Jeffersonville RR. stock...
Subscription to stock of L. & N. RR
Water works
do
For improvement

of streets

Re-constructing street
Public buildings and institutions

.

Public school and school houses
Sewer bonds
do

Elizabeth & P. Railroad
Wharf property
Jail bonds
For old liabilities
do
do

•

do

do

Lowell, Mass— City notes
Water notes
Water bonds

1868
1869
1870 to ’74
1871
1871
1871 to’73
1851 to ’63
1852 to ’75
1871 to ’76
1870

Lynn, Masse— City notes

1872

’93, ’85)

....

....

1857
1877
1861
1871
1876
1872
1872

do

OWater bonds, coupon
do
registered
Minneapolis, Minn.—City bonds
City bonds

....

....

do

....

,

....

do
do
do
do

....

....

....

....

Mobile—Funding bonds (act March 9, 1875)

1875
1849
Nashville, Tenn.—Nashville & Cliatt. Railroad.
Various city bonds
1870 to’77
Newark— Bouds, city purposes (s. fund of 1859)
War bonds, floating debt, &c. (s. fund of 1864)
Public sclio ol bonds
Clinton Hill bonds, coup. & reg. (s. fd. 3 p. c.).
1875
1878
Corporate bonds, coup, or reg.(act Apr. 21,’76)
Sewer and improvement bonds (local liens).
....

....

....

.

Aqueduct Board bonds

9 .

.

.

1879
1876-’77
1861-’74
1875

.

bonds

City improvement
War loan

Water bonds
do

1876
1867 to ’76
1872-’74
1871

do

New Haven, Conn—Sewerage

City Hall

1861

For

1867
1877

Derby Railroad ($20,000 payable yearly)

City bonds (10-20 bonds)

Lawrence, Mass.—Total debt, $1,79 >.700, of which
$*0,000 are 7 per cents.
No sinking fund.
Tax
valuation, 1878, $23,789 000; rate, T50. Population,
1875, 34,916.

Lewiston, Me.—Total debt, $1,096,101; sinking
fund, $90,410. The railroad bonds were irsued to
build the Lewiston & Auburn RR., which is owned
by the cities of those names. Assessed valuation
1877, $11,740,602; tax rate, 20 mills on the $1.
Louisville.—The funded debt, January 1, 1879,
exclusive of loans p*yible by railroad-,
was
$8 079,0(0, against $8,182,0<’0 Jamnry 1,1878. The
sinking funds on January 1. 1879, amounted JJto
$4,501,489. Of the $8,079,000 there is payable out
of the sinking fund $3,561,000; payable by special
tax, $4,518,000. Population by census of 1870 was
100,750, against 68,033 in 1860; now estimated upon
tho basis of 7 to a voter makes 120.000. Assessed
value of property was highest in 1874. being then

in 1873 it was $63,194,487.
taxation for all citv purposes in 1878 was

Rate of
$2 17 on

$100 in each district. The following figures give
property valuation for the past eight

the assessed

1874, $76,845,995;
Jeans.
77,225,372;
For 1871,
1872, $77,156,642;
1873,
$78,295,114; 1875,
$75,536,812; 1876,

$71,849,772; 1877, $63,5*2,947; 1878, $63,194,487. In
shrinkage in values maybe better
understood, the following table is added:
order that this

1874.

1876.

1878.

Qronnds&impr'ts.$62,21ft,922 4 56,380,964 $18,770,596
9,696 40 !

8,061,150
6,897,733

7,213 60i
6,614,321

5,664,930
509.“2'»
714,860
595.969
Lowell, Mas h.—All the notes held by savings
banks. Water loan sinking fund, $143,906/ Tax
valuation, 1878, $40,064,126 ^877. $39,345,266. Total
debt, $2,303,500. Population, 1875, 49,6'8.
Lynn, Mass.—Total debt, $2,256,000.
Sinking




Large.
Large.
1,000

.

100 Ac.
100 &c.

1,000
100 &c.

1,000
1,000
500 &c.

1,000
1,000
1,000
10,000
1,000
1,000
500
500
500

1,000
500
500
500

1,000

1 33.000

6 & 7
6
6
6
6
6
6

•

....

1867, ’8, ’9 500 &c.
1870
1,000

.

$78,295,114;

1,000

1867 to ’68

Funding loan, gold
Mississippi River Railroad bonds
Endorsement Memphis & Little Rock RR
Compromise bonds, coupon
Milwaukee— Re-adjustment bonds
General city bonds

Tax arrearage bonds
New Bedford, Mass.—City

1,000
1,000
1,000
1,000
1,000
1,000
1,000

1.000

1874

Post bonds

Residuary
Personalty

1,000

....

Memphis, Tenn.—School and paving bonds

Merchandise

1,000
1,000

....

($100,000 each year)

do
do
do
Sewer bonds ($8,000 1880, ’81,
Suncook Valley Railroad

Bonds

1.000

1871-’4-’6

....

Western division

1,000

1,000
1,000

1870-’3-’5

do

do

1,000
1,000
1,000
1,000

1862 to’76 500 <fcc.
1857 to’67
1,000

City Hall and School House
Manchester, N. H.—City bonds
City bonds ($70,000 1884, $10,000 1885)
Water bonds

.

Large.
Large.

....

Water notes
Water bonds
Funded debt

.

•

1852
1854
1857 to’67
1873
1866 to’67
1873
1871 to ’73
1853 to ’70
1868
1871
1868 & ’73

’54,’62,3, 8

Louisville, New Albany & St. L. Air Line RR.
Change of gauge, Louisv., Cm. & Lex. RB
Road bed

•

.

m

m

•

.

5^

262,000
1,300,000
25,000
100,000
320,000
224,000
5
500,000
6
137,000
6
377,000
6
1,311,000
7
56,000
6
193,900
7
600,000
7
650,000
6
180,000
6
79,000
7
425,000
7
1,993,000
6
288,000
6
133,000
6
75,000
7
605,000
7
500,000
7
107,000
7
350,000
6
1,508,000
5 to 7
503,500
500,000
6,6*2
6
1.300,000
6,7
175,000
6,7
121,500
6
450,000
387,500 5, 5*2, 6
5, 6
44,200
6
117,000
6
80,000
6
70,000
6
200,000
6
400,000
5
32,000
6
36,000

....

.

$74,000

\

1,785,122
184,000

1,227,500

1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000

1,840,000
.500,000
400,000
700,000
2,500,000
3,030,000
450,000

73,000

888,000

10,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000

1,000

179,600
223,000
128,000
100,000
400,000
200,000
499,000
60,000
160,000
150,000

Boston, Tremont Bank.

'

7
6
5
7
7
7
7
8
8
8
10
8
7
8
7
6
6
6
6 & 7
6 & 7
7
7
6
7
7
6
7

6,7
6
5
5
6
7
7
6
6
5

1879-1884

Various
do
do
J. & J.
do
do
A. & O.
do
do
J. & J.
City Treasury.
J. & D.
do
J. & J.
do
J. & J.
do
A. & 0.
do
A. & O. N. Y., Mercantile N. Bank.
A. & O.
do
do
Various
N. Y., Bank of America.
M. & S.
do
do
Various
Louisville.
J. & J.
N. Y., Bank of America.
Various
N. Y., Bank of America.
Various New York aud Louisville.
J. & J. Louisville, City Treasurer.
J. & D.
N. Y., Bank of America,
Various
do
do
Various Louisville and New York.
A. & O.
do
do
do
J. & D.
do
Various
do
do
M. & S.
N. Y., Bank of America.
F. & A.
do
do
J. & J.
do
do
Various New York and Louisville.
Various
City Treasury.
Various
do
M. & N. Boston, Bank Redemption.
Various
City Treasury.
Various
do
J. & J.
Boston, Bank Republic.
Various Treas’y & Bost. Bk. Repub.
do
Various
do
J. & J.
City Treasury.
A. & O.
do
M. & N.
Suffolk Bank, Boston.
J. & J.
do
do
J. & J.
City Treasury.
J. & J.
do
F. & A.
do
_

J.

& J.

^

Memphis.

M. & N.

341,000
60,000
300,000
900,000
328,289
242,000
100,000
429,000
1,171,000
250,000
70,000
50,000
60,000
124,500
110,000
115,000
125,000

100 &c.

....

6

1,300,000

Various

J. & J.
J. & J.
J. & D.
J. & J.
J. & D.
J. & J.
J. & J.
J. & D.
F. & A.
M. & N.
Various
J. & J.
J. & J.
F. & A.
M. & N.
M. & N.
Various
Various
Various
Various
A. & 0.
J. & J.
F. <fc A.
M. & S.
Various
F.
A.
A.
A.
A.
A.
A.
A.
J.
A.
J.

&
&
&
&
&
&
&
<fc
&
&
&

fund, $166,470.
Tax valuation, 1870, $20/27,1 ;5.
Population, 1875, 32/0\
Manchester, N. Ml—Total debt, $1,019,49!; assets,

$83,367.
Memphis, Tenn.—The city has been in default for
interest since Jan. 1, 1873. The legislature passed
a bill, Jannary, 1879, repealing the ci'y’s charter, to

enable it to avoid its debts.

A receiver for the city
appointed by the U. S. c urt*. The circular of
July, 1877, urged the city creditors to accept the
proposition to issue the new compromise bonds in
exchange for the present indebtedness (including
interest on past due indebtedness) at 50 cents on the
dollar. For judgments the Legislature authorized
the payment of 55 cents. Assessed valuation of real
estate, 1875, $19,3*9,600; personal, about $6,500,f00.
Tax rate, $2 per $100.
Population in 1870, 40,230.
(V. 25, p. 114; V. 27, p. 652, 678; V. 28, p. 121,146, 224.)
Milwaukee.—The city cannot issue debt beyond 5
per cent of its average assessed value for five years.
In 1878, vaination was $55,255,711. Sinking funds
was

are provided
There is also
for all the bonds.
about $47,000 scrip issued to settle- old railroad
bonds.
Population by State census, 1875, 101,000.
(V. 23, p. 622.)

Minneapolis, Minn.—1Total debt, $971,500; tax
valuation, 1876, $21,834,078; bonds all coupon.
Mobile.—The valuation of property in 1877 was $11,022,049 real estate and $6,118,462 personal property;
tax rate, 1 6-10 per cent. Interest was in default
from July, 1873. A settlement with bondholders was
offered by Act of March 9. 1875, viz.: $510 in 6 per
cent bond for $1,000 of the old 8 per cent.
The 5
per cent bonds have a lien on city revenue, and
exchange for these was offered at 75 per cent of
their face.
Up to Jan., 187 C there had been
settled, of old bonds, all except $12,10J of old

1880 to 1892

July 1, 1894

1906
July 1, 1882
June 1, 1883 & '88
July 1,1S85&1901
July 1, ’93-1913
0ct.l,’97-1907-’17
April, 1882
April, 1883
1887, ’89, 91
March 1, 1883
1886,’ 96, ’97
July 1, 1903
1891, ’92 & 1903
Oct. 1,’90, to

1883 to ’89

July, 1898
June, 1901
1888 & 1903
1379 to 1898
Oct. 1, 1898
1889

1880, ’94 & 1901
Sept., 1891
Feb. 1,1880

July, 1901 & 1903
1881 to ’93
1879 to 1894
1886 to 1894

Nov.

1, 1890

1887 to 1890
1885 to 1890

Tuly 1, ’91-’94-’96
1879 to 1896
1882 to 1896
Ian. 1,1880-1894

April 1, 1884-’85
May 1, 1893
luly 1,1890 &’95
1887-’92-’97-1902
r 1,1880 to’85
Aug. 1,1879 to ’87

1873 to 1902

1873 to 1900

Nov., 1900

Charleston, S. C.

July. 1872

N. Y., H. Talmadge <fc Co.
Milw. and N. Y., A. Goettel.

1907
June 1, 1891
Jan. 1,1901
June 1,1896
Jan. 1, 1902
Jan. 1, 1902
Dec. 2, 1892
Feb. 2, 1894

do
do
do
do

do
do
do
do

•-

New York, Park Nat. Bank.
do
do
do
do
do
do
do
do
do

New York.

New York and Nashville.

Newark, City Treasury.
do
do

Newark, Mech. Nat. Bank.
Newark, Mech. Nat. Bank.
do
do

do
do
do

do

A.
O.
O.
O.
O.
O.
O.
O.
J.
O.
J.

City Treasury.
do

„

r

City Treasury.
do
do
do

-

'

Nov.

Mobile, Mob. Savings Bank

do
do

May 1, 1905
1881 to 1885
1886 to 1900

do
do
do
do
do

1, 1901
N©v., 1905

1875-77-79
1870 to ’96
1879 to’93
1879 to ’91

pril, 1888, to’ 91
July 1, 1895
Aug. 1, 1908
1879 to ’93
1879 & 1892
1909
1886-’87
1879 to 1889
1891 to 1910
1879 to 1884
1900 to 1904
1885 to 1909
1883 to 1909
3t. 1, ’91 & 1901

July 1, 1881
3t. 1,1879 to ’86

bonds, A, B & C ; $56,6 0 of bonds D. E & F; $38.500 8s of 1871; $1*3,000 of Mob. & Gt. Northern RR.
8p; $16,000 wharves 8s; $30,000 Mob. & Ala. Grand

Trunk 8s; and $151.00 t Mob. & Northwestern RR.
8s. Also about $145 000 overdue interest on these
issues. In February, 1879. the Legislature repealed
the chart* r of the cify. Population about 38,000.

(V. 28, D. 2 '4, 327.)
Nashville, Tenn.—AX the close of the fl.-cal year,
Sept. 30/78, there were $301,185 of past-due coupons,
judgments, overdrafts. &c. The total debt was
*1,712,635, against $1,671,360 Oct. 1, 1877. Assessed
valuation of all property, aoout $11,000,000: tax rate,
1878, 2 per cent.
Newark.—The bonds in the first line in the table

payable out of the sinking fund of 1859, which
to $114,900; those in second line out of
sinking fund of 1864, $1,017,0'0; public school bonds
out of public school fund, $179,000; Clinton Hill
bonds by sinking fund, $53,200; tax arrearage,
$275,000; against local improvement bonds the
city holds $2,039,724 of assessments unpaid and a
lien on the property. Temporary loan bonds, Jan.
1, 1879, were $683,500.
Valuation of real and
personal property, 1878, $91,734,230. Tax rate for
all purposes, 1878, $1 96 per $100. Population in
1870, 105,059. (V. 23, p. *53.)
N. Bedford.Mass.— Total debt, $1,250,6C0. No sink¬
are

amounts

ing fund. Tar valuation in 1877—real estate, $12,609,200, against $11,946,600 in 1875; personalty, $13,524,-

097, against $14,428,674. Tar rate, 1877, $18 60 per
$1,<’00, against $17 in 1875. Population. 1875.25,895.
New Haven, Conn.—Total debt. Jan., ’79, $869,000.
Sinking fund on City Hall loan, $54,832; municipal
bond fund, $12,617. The citv made a special loan of
$75,000 to the N Haven & I)erby RR , and guaran¬
teed $2*5.000 of its 2d mortgage bonds. Population,
1870, 50,840. Tax rate, 1878, 9 mills.

May 31.

CITY SECURITIES,

1879.J

Date of

DESCRIPTION.

Bonds.
For explanations see notes on first page of

tables.

If .Orleans— Consol.debt ($050,000 pay’ble
Railroad debt
Waterworks loan of I860
Seven per cent funding loau of 1809
Seven per cent funding loan of 1870

1852
1854-55

y’rly)

immediate notice of any

by giving

subscriber* will confer a creai favor

$ L ,000

$1,377,250

18G9

232.000

1869

650,400
445,050
98,000
410,000
30,000
216,000
377,100

.

....

1875
1841 to ’63
1872
1S46 to ’69
1865-6
1870 to’77
1871 to ’77
1865 to’74
1866 to ’70
1869
1857 to’59

Rate.
6
6
5
7
7
8

713,000

1,000

7*3
7*3
7 g10
5

11,250,840

When

Where

Principal—When

whom.

J. & J.
Various
J. A J.
M. & S.
J. A D.

New Orleans,

July

1874-5 & 1894
Jan. 1, 1899
March 1, 1894
June 1, 1895
1887 to 1897

do

New York or London.
New Orleans.

Dec., 1880
Aug. 1, 1911
July 1, 1922
April 1, 1881

City Treasury.

1879 to 1895

Various
J. A D.
F. A A.

>

do

Q.-J.
A. A O.

Central Park improvement fund
Dock bonds
Market stock

stock

City Cemetery stock
City iinprovem’t st’k (part red’mable after ’96)
do

do

Lunatic Asylum stock
Fire Department stock
Fire telegraph bouds
Tax relief bonds
do

do

coupon

N.Y.Bridge bds ($1,500,000 red.after July,’90)
Accumulated debt bonds
Street improvement bonds
Street opening and improvement bonds...
Ninth District Court-house bonds

Department of Parks improvement bonds
Assessment bonds

City parks improvement fund stock

Normal school fund stock
Public school building fund stock
Additional Croton water stock
Sewer repair stock
Consolidated stock
do
20-50 (redeemable
Museum of Art and Natural History
Third District Court-house bonds
Armories and drill-rooms

;..

July’96;

stock....

Liquidation of claims and judgments

County Court-house stock
do

do
do

-

do

No. 3
No. 4 & 5

100 Ac.
100 Ac.
100 Ac.
100 Ac.
500 Ac.
500 Ac.
100 Ac.
100 &c.
100 Ac.
100 &c.
500
1874
500
1877
100 Ac.
1856
1858 to ’71 100 Ac.
500 Ac.
1870-’78
1865 &’68 100 Ac
100 Ac.
1869
500 Ac.
1876
500 &c.
1870-’73
100 Ac.
1869-’70
1869- ’70
100 Ac
100 Ac
1870-’73
100 Ac.
1869
500 Ac.
1870
500 Ac.
1869-’77
100 Ac.
1869-’70
100 Ac.
1874-’77
100 Ac.
1871
500 Ac.
1871
500 &C.
1874-’77
lS74-’78 500 Ac.
500 Ac
1871-’78
500 Ac.
1871
1871
500 &c.
500 Ac.
1871-’78
1872
500 &e.
500 Ac.
1874
500 &c.
1876
500 Ac.
1873-’7G
1874
500
500 Ac
1877
500 Ac.
1875-6
1876
500 Ac.
1862 to ’68 100 &c.
1871
100 Ac.

....

Soldiers’ bounty fund bonds
Soldiers’ subs, and relief red. bonds
Soldiers’ bounty fund bonds, No. 3
Soldiers’ bounty fund red. bonds, No. 2
Riot damages red. bonds
do
indemnity bonds
Assessment fund stock
do
do
do

do

Repairs to buildings stock
Consolidated stock, gold, coupon
Accumulated debt bonds
N. Y. and Westchester Co.

improvement bonds

Consolidated stock

For State sinking fund deficiency
Debt of Westchester towns annexed

1872
1864 1864
1865
1865
1864
1864 to’72
1868 to’72
1873
1875
1870
1871 to ’72
1869 to’70
1870
1874
1874
•

Consolidated stock, gold

•

•

.

•

•

Coupon bonds ($20,000 due ’94 are 6s J. A J.) 1870-’74
paving, coup, (pav’g, $18(9,300, J.AJ.) 1872-’73
1871
Coupon bds, water (a niort. on water works.).
1868
Norwich, Conn— City bouds
1377
City bonds
Water loan ($50,000 1890, $250,000,1898)... 1868 & ’70
1875
1878

;

Sinaing fund bonds

5, 6 & 7

for consolidated bonds.

The floating debt, Jan. 1.
’78, was $l,841j;28. The assessed valuation of prop¬
erty for 1878 is $111,123,6 <5, real and personal. State
tax, 14)tf mills; city tax, 15 mills; total tax, 29X- A
scheme for settling the debt by a bond premium
drawing plan is in practice, and drawings take place
Jan. 31, April 15, July 31, and October 15. Popu¬
lation in 1870, 191,418; m i860, 138,610.
(V. 27, p.
148, 228,(29; V. i8, p. 18, 352.)

Newton. Mass. Total debt, $1,272,054. Tax valu¬
ation, lb73, $25,012,9.0; rate,
per $1,00).
Population, 1875, 16,105.

New York City.—The total debt of New York,
Jan. 1, 1879, was $145,552,190; the amount of
sinking funds $32,143,787. The following statement
shows the details of funded debt, and the amount
in the city Linking fund at the dates named:

Jan. 1, ’77. Jan. I,’78. Jan. 1, ’79.
Description.
Funded debt... .$119,631,313 $121,440,133 $125,’2^,815
Sinking funds.. 28,179,102 31,083,001 32,143,787
Net debt

.

91,452,211

Temporary debt. 22,371,490

Revenue bonds..

6,104,844

90,360,1*26
21,329,500
6,051,421

93,985,0213,481,500
5,952,0.5

The population of New York by the U. S. census
in 1870 was
922.531, against 805,658 in 1860. Since
Jan. 1, 1861, the valuation, rate of taxation. »nd

pet funded debt at end of
lows:




year,

have been

at

fol¬

7
7

5, 6 & 7
5, 6 & 7

5,660,000 5,6,7A6g
6
6

200,000

636,000

5, 6 & 7

1,244,000

265,000
8,779.700
2,058,350

6
5
5
5

940,000
393.000

6
A
&
&
A

900,000

1,880,000

600,000

5 A 6
6
6
7
7
6
6
6
6 A 7
6
6
6 g.
7
6
7
7

550,600
4,000,000
946,700
745,800
376,600
500,000
855,204

1,719,400
493,200
900,450

100,000

Ac.
Ac.
Ac.
Ac.
&o.

14,702,000

100
100
100
100

6,000,000

30,000
1,680,200
3,119,600
1,100,000
6,900,000
1,027,287

1,000

222,000
415,800
500,000
125,000
160,000
200,000
164,000

1,000

150,000

1,000
1,000
1,000

6

5
5
6
6
7

375,880
276,825

Ac.

7
6
6

**5*g.

6
6 A 8
8
8
7
5
6 A 7
7
5

^Rate tax p

Rea1
Year, estate.

Personal
estate.

$1,000.-^

State.

$
$
1861.. 406.955.665 174,621,306
1862.. 399,556,404 172,416,031
1863.. 402,187,382 191,967,161'
1864.. 410,774,435 223,920,505
1865.. 427,360,884 181,423.471
1866.. 473,994,934 257,994,974
1867.. 555,447,062 276,389,451
568.. 623,236,555 285 199,972
1969.. 684,183,918 281,142,696
1870.. 742,103,075 305,285,374
1871., 769,302.250 306,947,233
1872.. 797.148.665 306,949,422
1873., ,836,693.380 29 i.5 7,643

3 62
3 87
'4 27
5 31
96
94
67
13
72
70
43
5 20
5 41
874., ,881,547.995 272,431.181 6 95
1875., 883.643 545 217,300,154 '—29
1876., 892,423,165 218 620,178
28
26
1877., 395.9 *1,933 206,028,160
25
Ia78., ,400,855,700 197,1/32,075

City.

o

to

Nov. 1.1900A1906
1907 to 1917
1907 to 1911
1880

1887 & 1898
1879
1880

©

A

-t->

a
c

July 1, 1898

a

tc©

1887 A 1895

Nov. 1,

a"^

—

a

’89,’92,’96 A 1926
1889 & 1892
1889
1899
1884
1879
1890
1905 A 1926
1884 to’88

o ca

*e.a
©

2

©,sa

© ©

1^
C

hi
HH

co
ca

gj

ts
a *3
© a

^

©

© 3

Q

p4

& CO

03
®

1879, ’82, & ’88
1879 to ’82
1890
Nov. 1,1879 to
Nov.

1901-1904

May,’97.1916-’26
1903
Nov. 1, 1890
1880 A 188L

July 1, 1879
1,1879 to ’80

Nov.

1879 to ’92
1884 to ’88
1894 to’98
1883 to ’90
1880 to’81
1895 to’97
1891

fi
5
©

ce
w

’83
1,1879 to’83

Nov. 1, 1891
Nov. 1,1891
Nov. 1, 1891
Nov. 1,1882 A ’85
1894 to ’96

<a

©■d
a a
o a

1901 to ’9

1894 & 1897
1888

® O

^

©4

1879

a

1882

© •

1887
1903
1910
1884 to’88
1896 to 1901
1884 to’88
1891
1896
1879 to’86

a
a

a

-Hi

00

©
©

1908-1928

1879 to’85
J. Norfolk, Treasurer’s Office.
8.
do
do
Sept., 1890
O. Norfolk, Cit. & Peop. Banks Apl., ’92; July,’93
N. New York, Park N. Bank.
May, 1901
Oct. 1, 1893
A. A O. ThamesN.Bk; Bost.,Bk.Rep
A. A O.
Norwich,
April 1, 1907
do
Jan. 1, ’98 A 1900
J. A J.
Jan. 1, 1905
do
J. A J.
do
A. A O.
April 1. 1908
A
A
A
A

.

Ring” to full control. This dynasty con¬
power for nearly five years, until 1872,
during which period the aggregate debt of the city
increased as fol ows : ISOS $35,983,647 ; 1869, $47,731 84) ; 1870, $73,373,552 : 1871, $88,369,3-6 ; 1872,
$95,582,153. Then followed an almost entire change
of administration, and many sincere efforts to econ¬
omize expenditures and diminish the increase of
the public debt.
But such efforts were only to a
limited degree successful, as the following table
“the
tinued in
as

Net
debt.

36 *20,087,301
45 *21,695,506
03 ’'26,185,190
29 *33,769,601
94 *35,973,597
06 *33,654,683
03 *32,914,421
17 *35,983,647
93 *47,791,840
80 *73,373,552
27 * 38,369,386
81 *95,582,153
59 *106,363,471
05 *114.979,970

40—'

*116,773,721

00
50
51

*119,811,310
*117.700,742

*113,415,403

of its increase from 1873 to 1876

1873.,
1874
.

,$106,363,471
.

will show:

1875

114,919,969

$ll6,?73,f24
119,811,310

The outstanding assessment bonds (payable
of local assessments on property benefitted)

oat

are

represented by advances to contractors, advances
on Boulevard work, and uncollected local assess¬
ments. The new consolidated 5 per cent gold bonds,
for #6,903,00\ were taken Oct., 1818, at 105*28 ; but
on the part of some of the strongest advocates of
the city’s good credit there was great object on
made to the issue of permanent binds
pay off
assessment bonus t riginally charged agaiust locat

1874 the towns of West Farms,

Kingsbridge,

rs

M. A N.

J.
M.
A.
M.

Liss sinking funds.

By an act of
Morrisania and

o

j=i

M. A N.
M. A N.
M. A N.
M. A N.
M. A N.
M. A N.
M. A N.l
M. A N.l
M. A N.
M. A N.
M. A N.
M. A N.
M. A N.
M. A N.
M. A N.
M. A N.
M. A N.
M. A N.
M. A N.
M. A N.
M. A N.
M. A N.
Various
M. A N.
M. A N.
M. A N.
M. A N.
M. A N.
M. A N
M. A N.
M. A N.
M. A N.
M. A N.
M. A N.
M. A N.
M. A N.
M. A N.
M. A N.
M. A N.
M. A N.
M. A N.
M. A N.
Various
M. A N.
M. A N.
J. & D.
M. A N.

$

16
13
16
17
24
19
22
20
i9
19
17
23
19
21

Aug. 1, 1884
Aug. 1, 1900

tD

'd
a

Q.-F.
Q.-F.

2,73S,239

1,000,000
300,000
2,16S,000
7,879,100

Ac.
&c.
Ac.
Ac.
Ac.
Ac.
Ac.

c3

Q.-F.

M. A N.
M. A N.

700,000
521,953
597,586
2,767,000
3,000,000
3,000,000
6,500,000

7,269,400

Ac.

Q.-F.

Q.-F.

5 & 6 g.
7
6 & 7
6
6
7
7
5 & 6
7

1879 A 1880
Nov. 1, 1902
1883 & It 90

00

M. A N.

6 & 7
7

296,000
75,000
2,215,900

&c.

M. A N.

Q.—F.
Q.-F.

6,425,000 Gg.,5,6,7

New Orleans.—A decision of La. Supreme Court,

Dec., 1678, holds invalid the special tax previsions

6
6
7
6
7
5
5
6

970,637
490,000
450,000
3,341,071
500,000
24,000
399,300
3,849,800

July 1,1905

Q.—F.

5, 6 A ?
Q.-F.
5, 6 & 7 M. A N.

4,800,000

500 Ac.

•

Trust &

Court House

500,000
2,900,000
250,000
3,614,600

•

1878

Norfolk, Fa.—Registered stock

100
100
100
100
100
100
100
100
100
100
500
100
100
100
100

5 & 6
6 & 7
5 & 6
6

2,414,000

1, 1892

do
do
do
do
do

6781
New York—Water stock
Water stock
Croton water stock.
New Croton Aqueduct stock
Additional new Croton Aqueduct
Croton water main stock
Croton Reservoir bonds
Croton Aqueduct bonds
Croton water pipe bonds
Cent. Park fund stock ($275,000 only due ’98)
Improvement bouds
Third Avenue improvement bonds (23d ward)
Central Park fund stock

due.

payable and by

payable

397,000 5, 6 A 6^ Various
5 & 6
J. A J.
812,750

1,000

discovered In tUese Tables.

INTEREST.

outstanding.

1870

($000,000 0s, balance 5s)...

error

Amount

Size or
par
Value.

Jefferson City (debt assumed)
’57, ’67,’70
1870
Wharf impr. bonds (assumed by lessees).....
1871
Street improvement bonds
1,000
1872
Consol, gold bonds (gen’l and drainage series)
1,000
Various.
Ten per cent bonds, deficit and old claim
1871
New premium bonds (in exchange)
N. O. Waterw’ks Co. new bds.(for $2,000,000)
1864 to’75 l,OOOAe
Newton, Mass.—City bonds and notes
Water loan

xi

embracing

about

12,(KH) acres, were annexed to Ne.v York.
Last
report of Comptroller in Vol. v7, p. 252. Mayor
Elv, in his me sage Jan. 187--*. remarked: From an in¬
debtedness of about $18,000^000 on Dec. 31, 1857, at
the expiration of ten years, namely, December 31,

1667, the ainom.t had increased to $32,914,421 26.
This covered the period of the war, during two
years of whi< h. 1863 at.d 1814, more than $(2,000,000
was added to the debt.
From 1867-8 may be dated
the accession of the corrupt administration known

assessments on the
prooer'y
ten led to be paid out of those

25, p. 17. 198,
303; V. 2?, p.

benefitted and in-

assessments. (V^
358, 458; V. 26, p. 41; V. 27, p. 228, 252,
121, 454.)

Norfolk.—'The “Trust” bonds due April, 1892,
secured by deed of trust on city property.
Coupons of 1st series are payable at Citizen*’ Bank;
coupons of 2d series at People's National Bank.
Tax rate, $1 60; water tax, 40 cts., (special); total
are

SECURITIES,

CITY

Xll

[VOL. XXVIII,

4-

Subscribers will confer a

great

favor by giving immediate notice of any error discovered In these rabies.
Date of

DESCRIPTION.

Size

Bonds.,
For explan ations see notes on

outstanding.

par

Value.

lirst page of tables.
1858-’73

$500

$130,000

Funded debt bonds

1862-’71

Improvement bonds

1869-’71
1869-’77
1863-’65
1877
1877-’78

500
500
500
500
100 Ac
500

140,000
38,000
353,000
433,500
100,000
90,000
5,753,391
1,725,000
6.500,000
4,853,500
8,701,600

Paterson, X. J.—School bonds
Sewer bonds ($125,000 are M. & S.)
War bounty bonds

Funding bonds, “A”
Renewal bonds, “11”

Philadelphia—Bonds prior to consolidation ..:.
Bonds for railroad stock subsidy subscript’ns
do
do

for water works
for bridges
do
for park and Centennial
Bonds for war and bounty purposes
do
municipal, school, sewer, &c

26781

1855
1855 to’71
1859 to ’70
1868 to ’70
1862 to *65
1860 to ’70

-

•

• •

11,650,000
15,709,750
5,999,400

Guaranteed debt, gas loans
Peoria, Ills.—Schoolloan
Water loan ($50,000 each year)

Water loan
do

Bounty loan ($21,000 payable each year)

—

Peoria & Rock Island Railroad

....

.

..

reg.)... 1868 to ’74
Funded debt and other municipal bonds
1845 to’72
1863
Compromise railroad bonds (coup, and reg.)..
Bonds impr. Penn.av., &c. (local assessment). 1871 to’73

Pittsburgh—Water exten. loan (coup,

Portland, Me.—iToan to Atl. A St. Lawrence RR. ’68,’69,’70
Loan to Portland A Rochester Railroad
do
do
do
do
Portland & Ogdensburg

Municipal—proper, ($03,000 are„58 due ’83)..

Building loan bonds

Providence, R.I.—Bonds for public improvem’ts
Recruiting and bounty bonds
Water loan bonds, gold, coupon and reg

City Hall &

do
do
sewer loan

do
do

b’ds, sterling, cp. or reg
Prov. & Springfield RR. bonds, guaranteed.. 1
Brook Street District notes

1

1867 to ’69
1872
1872
1852-75
1867
1855
1863
1872
1874
1876

r

1,000

500 Ac.

500 Ac.

1,000
lOOOAc.
lOOOAc.
lOOOAc.
lOOOAc.

lOOOAc.

1875
1872

1,000

1877

1,000

£100

Bonds, reg.,($112,000 are coup.)
Bonds, reg. aiid coup. ($232,000 are coup.)...
Rochester, X. ¥.—To Genesee Valley Railroad

Richmond ,Y a

....

1879

Bonds for overdue interest

do
do

-

or

—

To Roeh. A State L. and R. N. & P. Railroads.
For various city improvements
Water works loan, coupon and registered

....

....

Rockland, Me.—City bonds
Railroad loan ($20,000 payable yearly)

*-

Bonds to railroads, coupon
Insane Asylum

County Jail
General purposes,

Lake

Superior A Mississippi Railroad
St. Paul A Chicago Railroad

3,182,000
410,000
160,650

5 A 6

Public Park (Como.)
Local improvement
Bonds

Philadelphia—The to*al funded debt, January 1,
1879, was $55,0!B.24t; guaranteed debt, $5,099,400:
floating debt, $10,742,458. SinkingfundS, $13,499,810
Total asset-1,
including sinking fund, railroad
stocks held, $4,344,3 5 of taxes “dui and collecti¬
ble,” and .*1.390.6 il cash, were $22,203,445, leaving
balance of liabilities $49,631,650. The following
table exhibits the assessed valuation and tax rate in

the

city since 1871:

Year.

Real
Estate.

Personal
Estate.

„

Rate Tax
per $1,U00

$502,415.863

$8,608,819
$‘20 80
518,234,568
8,930,700
21 50
539,003,602
9,239,933
22 00
565,849,095
9,434,873
21 50
585,408,705
10,004,673
21 50
1877
593,313,532
9,755,000
22 50
21 50
536,98*%097
1879
526 539,912
8,039,8^2
20 50
There is no large amount of city debt
maturing
in the
next four years.
Assessed valuations of real estate
for 1879 are:
Full city property, $431,533,599;
suburban property, $31,992,025; farm property,
Population, 1870, 674,022, against
$18,084,240.
•565,529 in 1860. (V. 27, p. 629.)
Peoria, IU —Total debt, $636,500; tax valuation,
1873
1874
1875

..

1876, $14,574,105.
Pittsburgh.—Assessed valuation in 1878: Real
property, $106,134,'.23; per-onal, only $2,905,478;
^Occupation.” $6,679,129. Sinking funds, $473,277.
Tax rate, 1878, $1 0\ Population about 140,000.
Interest defaulted April, 1877. (V. 24, p. 519,591:
V- 26, p. 159, 181, 363,‘471; V. 27, p. 68, 643; V. 28, p.
43, 302.)
Portland, Me.—The sinking fund March 31.1878,
was $377,061.
The city is protected by mortgages
on
Atlan. & St. Lawrence, Portland & Roches¬




1867 to ’71
1853 to ’55
1867
1868

1,000
1,000
1,000
1,000

500

1,000

Various
500 Ac,

1,000
1,000
1,000
1,000

Due.

City Hall, by Treasurer.

Deo., 1879-1904
Dec., 1879-1900
Dec., 1879-1886

Pay’ble
J. A D.
J. A D.
J. A D.
J. A D.
J. A D.
J. A D.
Various
J. A J.
J. A J.
J. A J.
J. A J.
J. A J.

Principal—When

Where Payable and by
Whom.

do
do
do
do
do
do

do
do
do
do
do
do

1882-1902
Dec., 1879-1900

June, 1887
1901-1904
1879 to ’85

Pliila., Far. A Mech. N. B’k
do
do
do
do
do
do
do

do
do
do

)
> 1879 to 1903

do
do

}

S

J. A J.
} 1879 to 1905
J. A J.
do
)
1883 to 1905
J. A J.
do
1879 to 1890
Various N. Y., Amcr. Excli. Nat. Bk.
M. A N.
do
do
May 15,1879 A’81
June 1,1888
J. A D.
do
do
do
do
Various
1889-1891
M. A S.
Mcli 1, 1882 A ’83
City Treasury.
New York.
J. A J.
July 1, 1888
A. A O.
1893 to ’98
Philadelphia.
1877 to 1912
Various Pittsburg, Phila. A N. Y.
1913
J. A J. New York, B’k of America.
1883 to ’85
Various
Philadelphia. *

■

1000&C.

1,000

When

74,500
100,000
195,000
155,000 7,6g.A7g
10
42,000
7
100,000
7
4,413,400
6 & 7
2,241,000
4 A 5
2,179,469
7
5,028,800
1,405,000
6
M. A N. Boston, Blackstone N. B’k. Nov., 1886,’87,’88
787,000
6
do
do
J. A J.
July, 1887
700,000
6
do
do
J. A J.
July 1, 1897
450,000
6
do
do
M. A S.
Sept. 1,1907
1,350,000
1879 to ’95
5 A 6
Boston and Portland.
1,645,800
m’ntlily
6
do
June 1,1887
J. A D.
425,000
6
Providence.
M. A S.
Sept., 1885
600,000
5
do
J. A J.
Jan., 1893
300,000
2,000,000 5 A 6 g. J. A J. Boston, Prov. and London.
Jan., 1900
5 g. J. A J. N. Y., N. City Bank, A Prov.
Jan., 1900
2,000,000
5 g- J. A J.
do
do
1,500,000
July 1, 1906
5 g- J. A J. London, Morton, Rose A Co
1,397,250
July 1, 1895
1892
7
Providence.
J. A J.
500,000
5
M. A S.
700,000
Sept. 1,1880-’84
Treasury.
J.A J., 1880-1912
6
J. A J.
3,145,000
7
6 A 7
7

1874-’79
1872

1868
1870
1873
1873
1879

7
7
6
6
5 A 6
6
6
6
6
6
6
6
7
10
7

7

1873 to ’76
1,000
1875
1,000
1875
1,000
Various. Various
Various. Various

Preferred bonds
8 per cent bonds

7

168,000
750,000
961,686

•

1872

gold

Renewal, gold
Park bonds, coupon, gold
County bonds
St. Paul, Minv..—Revenue bonds

c

1,214,700

100 Ac.
1869
100 Ac.
do
1871
100 Ac.
do
1872
100 Ac.
500
St. Joseph, Mo.—Bonds to St. Jo. &Den City RR. 1860 to’60
Bonds to Missouri Valley Railroad
1869
500
Bonds for various purposes
1858 to’69 100 Ac.
1871
500
Bridge bonds
1846 to ’71 Various
St. Louis—Renewal and floating debt bonds
Real estate, buildings and general purposes.. 1840 to’68 Various
1855 to ’57 Various
Street improvement bonds
Water work bonds (old)
1856 to ’58 Various
Tower Grove Park bonds (gold)
1868
1,000
Sewer bonds
1855 to ’69
1,000
Harbor and wharf bonds
1852 to ’68 Various
New water work bonds (gold)
1867 to ’70
1,000
do
do
do
1872
1,000
Renewal and sewer bonds (gold)
1871 to ’73
1,000
Renewal purposes, gold or sterling
1873
1,000
1875
Renewal, Ac., bonds, gold, $ and £
1,000

Renewal, Ac., bonus, gold, and £, coupon
Bridge approach bonds (gold)
St. Louis County bonds assumed—
Renewal bonds, coupon

7
7

lOOOAc.
Various

1875

Funding loan

*

Rate.

8

1,000

..

INTEREST.

Amount

or

400,000

150,000
205,000
431,500
150,000
299,400
500,000
1,922,000

1,148,000
70,000
336,000
346,000
885,000
870,000
3,950,000
1,250,000
681,000

1,074,000
707,000
2,747,000
461,000
300,000
325,000
100,000
500,000
600,000
550,000

2,300,000
500,000
504,815
47,710
263,125
200,000
100,000
100,000

100,000
115,000

6
6
6
6 A 7
7
10 A 6
10
6

6
6
6
6 g.
6
6
6 g.
6
6
6
6
6
6

1886 A 1904-1909
A J.
1879 to 1903
J. A J. N. Y., Metropolitan N. Bk.
1893
F. A A. New York and Rochester.
1879 to 1902
do
do
Various
Jan. 1, 1903
J. A J.
N. Y., Union Trust Co.
1905
do
do
1880 to 1897
Semi-an
City Treasury.
1880 to 1899
J. A J. Boston, First National Bk.
1891
do
do
F A A.
1892
do
do
M. A S.
1880 to’89
Various N. Y., Nat. B’k Commerce.
do
M. A N.
do
Nov., 1889
1878 to’89
Various St. Joseph and New York.
1891
J. A J. N. Y., Nat. B’k Commerce.
1879 to’91
Various N. Y., Nat. Bank Republic
1880 to 1906
do
do
Various
1882 A ’87
do
do
Various
1880 to’83
do
do
Various
do
do
F. A A.
Aug., 1898
1880 to’89
do
do
Various
do
1879 to’88
do
Various
J. A D. New York and St. Louis. June, 1887, to ’90
A. A O. N. Y., Nat. B’k Commerce.
April 1, 1892
do
do
1891 to ’94
Various
Nov. 1, 1893
M. A N.
New York or London.
do
do
M. A N.
May 1, 1895
do
do
1894 A 1899
J. A J.
Dec. 10,1892
J. A D. N. Y., Nat. B’k Commerce.
J.

g.
g.
gg.
g.
g.

7
6 g.
7
7
6 g.
6 g.
6 g.
6 g.
12 A 7
7
8
6
6
7
7
6

A J. N. Y., Nat. Bk. Commerce.
do
do
A J.
do
do
A J.
do
do
A 8.
do
J. A D.
do
do
do
J. A J.
do
A. A O.
do
do
do
M. A N.
M. A N. N. Y., Kountze Brothers.
do
do
M. A N.
do
do
Various
do
do
J. A D.
do
do
J. A D.
do
do
do
do
J. A J.
do
A. A Odo
J.
J.
J.
M.

ter and Portland & Ogdensburg Railroads.
As¬
sessed vane of real estate in 1877, was $i9,067,2u0;
personal, $11,825,645.
Tax rate, $25 per $1.00''.

Population in 1870, 31,413, against 26,341 in I860.
(V. 24, p. 512.)
Providence, R.I.—The principal debt of Providence
has been created since 1872 for water works, sewer
age an t new City Hall. The floating debt at close of
fiscal year Sept. 30, 1878, was $2,793,300. including
above Brook Street notes and $90.uG0 High School
notes. The assessed valuations of all property in 1878
were: real estate, $86,34i.lf0; personal, $ ’,0,6!;9,400.
Rate of tax, $14 50 per $1,000. The sinking fund
for bonds due in 1885. $516,737; sinking fuuds of
1893. $191,060; ’95, $120,803; 1300-6, $103,224. Popula¬
tion by U. S. census, ’70,68,901: by State census, ’75,
100,800. The laws of Rhode Island now limit the
debts of towns to 3 per cent of their assessed valua¬
tion.

Rochester.—The bonds of Genesee Val. RR. loan,

$168 000, are provided for by net receipts from a
lease of said road to Erie

Railway Company after
paying the interest out of said receipts. Real prop¬
erty asse-sed, $48000,000; personal, $3,000,000.
Rate of tax, 1877, $2 per $100.
F<z.—Real estate assessed, 1878,
Richmond,
$23 076.513; personal. $11,519,584. Tax rate, $140.
Rockland, Me.—Valuation of real estate, 1878,
$2,484,945; personal, $1,0?2,2S6. Tax rate, $31 per
$1,000.
St. Joseph, Mo.—Population in 1870 was 19,565,
against 8,932 in 1860. Assessed valuation of property,
$11,000,000; rate of tax, *23 mills. (V. 23, p. 135, 176;
V. 25, p 408: V. 28, p. 477.)
St. Louis.—Population by the U. S. census in 1870
was 310,864, against 160,773 in 1860.
The city and
county were merged by law in 1877 and city as¬

sumed the county bonds.
the resources were:
Balance April 11, 1877....
Interest revenue

1879 to 1881
1879 to 1880

July 1,1887
Sept. 1, 1888
June, 1892
1893 to 1896

April 1,1905
May 1, 1895
1879 to’90
1883 to ’86

1889,’90,’96
1888 A’98
1900
1903

1898

April 1, 1904

In the last fiscal year

$691,272
1,751,670

Municipal revenue collections
Special collect inns
Proceeds of

2,611.669

322,416

anticipation notes....

725,000
351,000

Proceeds of renewal bonds

$6,544,427
The expenditures were
$5,900,941
Unpaid warrants on hand April 11, 1878..
40,944

$5,c59,996
treasury April 10, 1878
$684,431
Comptroller gives the following in his re¬
port to April, 1878: The liabilities appear as follows:
Balance in

The

The bonded debt at the close of fiscal year
1878), was $15,996,000; the bonded debt of

(April 9,

the late

county, assumed by the city. $6,* 59.000.
Other
liabilities—claim of St. Louis Gaslight Co. for gas

furnished, with interest, $685,000.

The sinking

fund is as follows: Assets of this fund at com¬
mencement. of the present fiscal year, $590,095.
Ti e resources availab e this fiscal year will be about
$110,000.
Assessed valuation of real property in

1879, $135,7n8,000; personal, $30,524,860. Tax rate
in old limits, $1 75; in new lim¬
its, $•) 50.
(V. 25, p. 204; V. 26, p. 290, 359, 436; V.
27, p. 229.)
for city purposes

St. Paul, Minn—Population, in 1870 was 20,030;
in 1878 (claimed), 45,000. .Assessed valuation of
taxable property, 1878, $23,061,000, or about onehalf of the estimated actual value. Tax rate 13

mills per $1.

May

xiii

CITY SECURITIES.

31, 1879.

Subscriber* will confer a great

favor by giving 1 umedlate notice of any error

diwcovered in thea^ Table*.

INTEREST.
Date of
Bonds.

DESCRIPTION.
For explanations see

notes on first page of tables.

Citydebt

•

Water loan
do

San Francisco— Bonds of 1858, coupon (gold)..
Judgment bonds, coupon (gold)
Central Pacific Railroad, coupon (gold)
Western Pacific Railroad,
do
do
School bonds,

Judgment bonds,

do

do*

do

do

*

bonds

Hospital bonds

House of Correction bonds

City Hall construction
Widening Dupont St. (Act March 4, 1876)
Savannah, Ga.—Construction of waterworks..
Improvement of Savannah River
Savannah, Albany & Gulf Railroad
Funding coupons and other purposes

Redemption of bonds
do

do

Bonds for

city improvements

Harbor, &c., improvements
For floating indebtedness
Somerville, Mass— City debt
City debt

.

.

•

1877
1858
1863 to’64
1864
1865
1866 to ’67
1867
1870 to’72
1874
1872 to ’75
1871 to ’73
1874
1875 to’76
1876
1853
1853
1853
1866
1869
1870
1870
1872
1873

200,000
475,000
210,000
150,000

500 &c.

750,000
915,000
198,000
64,500
937,500
368,800
117,000
349,500
534,000
500,000

&c.
&c.
&c.

....

500
500

500 &c.
100 &c.

1,000
500

1,000
1,000
500 &c.

lOOO&c.

Large.
Large.
Large.
1,000

($200,000 are 6 per cents)
Railroad loan
Railroad notes
f.
Toledo, O— General fund city bonds, coup
Toledo & Woodville Railroad, coupon
Water works

1,000

Water loan

bonds, chargeable on special assessm’ts

‘Worcester, Mass.—City debt, coup, and

1,000

Large.
*70,’71,'76
1870
1873 & ’74
1875-’78

City debt, registered (5 pieces,$100,000 each)
"do
($248,000 reg., $552,000 coupon).
do reg. ($160,000 J.&J., $200,000 A.&O.)
Sewer loan ($92,000 are J.& D., balance J.&J.)

($315,900

Water loan

reg.,

coupon;

balance

registered; Jotal,
Tax valuation,

$1,452,678. Population, 1875,25.958.
1875, $26,312,272; 1877, $25,810,600.

San Francisco—Population by the U. S. census
of 1870 was 149,482, against 56,802 in 1860; in 1876
claimed 272,000.
Heal estate for the fiscal year

ending June 30, 1878. is assessed at $190,221,003;
personal property at $70,041,340. About $54,000,000 of mortgages "are now omitted from assessment.
Sinking funds raised annually amount to $263,500
rate in 1S77-8 is

county purposes.




$1 60

per

(V. 28, p. 165.)

$100, for city and

....

....

....

...

500 &c.
500 &c.
Various.
500 &c.

$84,000 coup.)

Salem, Mass.—The sinking fund amounts to
$173,063, and the bonds are valued at par; $1,146.-

....

Large.

regist’d.

$112,000
300,000
500,000

&c.
&c.
&c.
Ac.

&c.
&c.

Large.

$155,000 J.&J.)

outstanding.

&e.

&e.

Princi pal—When

Amount

398,500
542,000
435,500
377,000
250,000
197,000
246,000
385,000

500
500
500
500
500
500
500
500
500
500
500

Various.

City bonds

Tax

1,000
1,000

Large.

Sprinqfield. Mass— City notes

of debt

100 &c.

Large.

Park&wat’r ($170,000 A.&0.;
Water loan

0G0

par
Value.

Various.

do
do
do
do

Short

or

$100&c.

Salem, Mass.—City debt

School bonds
School bonds
Park improvement

Size

400,000
10,000

461,000
165,000
115,000
140,854
200,000
325,000

Rate.

5 & 6
6
6
5
6 g7 g.
7 g.
7 g.
7 g.
7 g.
7 g.
6 g.
6 g.
6 g.
7 g.
6 g.
7 g.
7
7
7
7
7
7
7
7
7
7

612
612
6

512
5

6I2
320,000 512,6,612
512,6
137,000
6
211,000
6 & 7
1,200,000
7
300,000

45,000
1,310,000
447,000
1,000,000
640,300

6

6, 7 & 8
73

8

49,000
500,000
800,000
360,000
228,200

7 & 8
5 & 6
6
6
5
6

399,900

5 & 6

When

Where Payable, and by

Pay’ble

Whom.

J.
J.
A.
J.
J.
A.
J.
M.
A.
A.
J.
J
J.
M.
J.

&
&
&
&
&
&
&
&
&
&
&
&
&
&
&

J.
J.
O.
J.
J.
O.
J.
N.
O.
0.
D.
J.
J.
N.
J.

....

J.
F.
M.
J.
J.
M.
J.
M.
J.
J.
A.
A.
J.

City Treasury.
Boston, Merchants’ Bank.
do
do
do
do
San Francisco.
do
do
do
do
do
do
do
do
do
do
do
do
New York and Savannah.
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
*

& J.
& A.
& N.
& D.
& J.
& N.
& J.
& N.
& J.
& J.
& O. Boston, Nat. Security Bank
do
& O.
do
do
& J.
do
do
do
Various
do
Various
do
do
do
Various
do
Various
do
do
do
Various
Various
City Treasury.
Various Boston, First National B’k.
do
*
A. & O.
do
do
do
A. & O.
Various
City Treasury.
Various N. Y., Imp. & Trad. N. Bk.
M. & N.
do
do
do
Various
do
do
do
Various
J. & D.
City Treasury.
do
J. & J.
A. & O. C.Treas.&Bost. Mclits.’ Bk.
Various
City Treasurydo
Various
do
Various

Savannah, Ga.— Default was made on interest
Nov. 1, 1876, in consequence of yellow fever and
non-collection of taxes.
The compromise now in
is given in V. 26, p. 625, by which new
cent b< cds are to be exchanged for the face
of old bonds; and for interest up to Feb 1, 1879, 58
per cent of lhe face value in similar bonds.
Assessed value of real estate, $11,600,000; per¬
sonalty, $4.2C0.0C0; tax rate, \y per cent. Popu¬
lation in 1870, 28,235, against 22,292 in 1860. (V.
26, p. 18, 626; V. 27, p. 122, 173, 568; Y. 28, p. 17.)
progress

5 per

Somewille, Mass.—Total debt, $1,771,854; sinking
fund, $45,131; tax valuation, 1876, $26,573,400. Ex¬
cept $140,000 5s ;n $1,000 pieces, all bonds are in
$2,000 to $50,000 pieces.

Due.

1879 to 1889
Jan. 1, 1891
A pi. 1,1883-1898

1904
1888
1883
1894
1895
April 1,1881

July 1,
Jan. 1,
Oct. 1,
July 1,
May 1,
Oct. 1,

1887

June 1,1882to

’90

July 1, 1894
1897 & 1904
Nov. 1, 1891

July 1, 1894
1899
1896

Feb., 1878
Nov., 1883
Dec., 18S8
Feb., 1886
Nov., 1879
June, 1890
Noy., 1900
Jan.

1, 1902

July 1, 1903
April 1, 1879

April, 1879 to ’84

July 1, 1880 to’84

Oct.’81-’4,July,’S5
July, ’84, Apl., ’95
Apl., ’95, July, ’96
1881 to 1884
1880 to 1906
1879 to 1884
1879-1890

Apl. 1,’94, to 1905
Apl. 1, 1879-1893
1879 to 1881
1879 to ’94

May, 1900
June,’93& Sep.,’94
1879 to ’81
1879-1884
Jan. 1,1881

April 1,

1892

1887, ’88 & 1905
1879 to 1881

18.79 to 1906

Spnnqheld, Mass.—Total debt, $1,946,611 ; cash
The railroad debt falls due $20,000
each year. No registered bonds. Tax valuation,
1870, $25,514,060; 1870, $35,109,456; 1877, $30,697,776.
Hate, T32. Population in 1875 31.053.
Toledo—Total debt, -Jan., 1879 was $3,531,296. Of
this the debt payable by special assessments was
$640,309, and the certificates of indebtedness.
$103,147.
Taxable valuation of real estate. 1878.
$134,030,070; personal, $5,567,000. Tax rate, $3 28
per $100.
Worcester, Mass.—Total debt, $2,407,100-reg.,
$1,663,800; coup., $743,390.
(.’ash assets, $150,180,
including $44,352 sinking fund.
Population,
49,317 m 1875. Tax valuation, 1870, $34,018,450 ;
1878, $41,969,748; tax rate, 1’54.
assets, $303,989.

RAILROAD STOCKS AND BONDS.

XIV

Subscribers will confer

great favor by

a

DESCRIPTION.
For explanation of column
on first page

headings, Sic., see notes
of tables.

Date
of
Road. Bonds

mortgage
Albany City loan (sinking fund, 1 per ct. yearly).
be reg...
ext.

Funding income bonds, with traffic guarantee—

Atchison <£• Nebraska— 1st mortgage

Atchison, Topeka d Santa Fe— 1st mort., gold
Land grant mortgage, gold
Consol, bonds, gold
Construction notes
Land income bonds, 5 to 10 years
Pottawatt’mieb’ds on 78,158 ac. land(contingent)
Wichita Si Southwest, (leased) 1st M., gold, guar..
Kaus. City Top. A West., (leased,) 1st M., gold—
do
do
income bonds
Pueblo A Ark. Valley, (leased,) 1st M., gold
do
1st mortgage
do
Pleasant Hill A De Soto (leased), 1st M., gold —
Florence Eldorado Si W. (leased), 1st mort., gold.
New Mexico A So. Pacific, 1st mortgage, gold —
Atlanta <£ Charlotte.—New pref. mort

do

2d

do

3d

do
do

guar.

do

1*000
100
100
500
500

Ac.
Ac.
Ac.
Ac.

4,000,000
3,100,000
10,000,000
6,870,000
1,125,000
7,041,000
3,265,000
3,389,000
78,000

500 Ac.

412,000
854,000

1,000

1,719,000
1,067,000
120,000
310,000
(?)
500,000
4,250,000
1.232.200
2,416,300

1868

58
428
428
428
81
81
81
133
133
133
214
214

1869

30

411
421

Sterling mortgage, sinking fund
(payable $40,000 y’ly)
Loan., ster., (s. f. £7,500) lien on Chic, line bonds

Purchase of Connellsv. RR

....

263

7
6
7
7
7

J.
M.
•T.
J.
J.
M.
A.
M.
A.

7*30

J.

3^

*50*0
1,000
1,000
1,000

500 Ac.
500 Ac.
500 Ac.

100
500 Ac.

i871
1871
500 Ac.
1857
500 Ac.
1857
1868
1,000
1866
1,000
200 Ac.
1866
200 Ac.
1866
1854
1,000
1865
1,000
Var’us Various
100 Ac.
1869
100
£100
1868
1,000
£100
1864
£100
1871
100
100 Ac.
1861
1864
1,000
100
100
100
1850
1853
I 1870
,
1855
£200
1874-5
£100
! 1872
£200
j 1874
1875
£200
! 1877

7 g-

J.

A J.

**7*g.

?*
7
4
7
7
7
7
7

ings

in 1878, $451,580.

(V. 25,

p.

61

j;

V. 27,

602.)

Alleghany Valley.—This road was embarracsed in
1874, and compromised with creditors. Gross nam¬
ings 1878, *1,910,228; net $915,724. against $1,144,971
in 1877. Deficien-y for mortgage interest m 1873,
$240,260; deficiency on all interest $698,396. uf
income bonds, $2,648,403 are held by individuals,
and
held

pay interest in cash when earn d; ? 3,9 9,00.)
by railroads draw interest in bonds. (V. 26, p.
493; v. 27, p. 356; V. 28, p. 399.)

Nebraska.—Under re-organization,
$1 .125,000 bonds and $3,317,000 st cr "ere given for
old bonds and overdue c >upons. Dividend of 1
er cent paid December, 1878.
Gross receipts 187*',
52,057; net receipts, $98,403. (V. 25, p. 510; V.
Atchison

d6

28, p. 399.)

Atchison, Topeka & Santa Fe.— Capital stock.
$8,615,000. Land grant es imated t > be 2.932,731
acres, of which 865,161 acres were sold to Jauurry
1,18.9. Net earnings, 1878, $1,909,3:5, agtinst i-i
1877, $1,229,656; see an luul rep >rt, V. 28,p. 475. The
xtenssonof leas d lines and new roads building in
K
78 are referred to in V. 27 p. 15.
The K C. T.
W. is leased at 33 per cent of gross earning-1,

sing to 31 uer cent in 1880 and thereafter. Denver
16 Rio Grande leased (see V. 27, p, 434).
(V. 27, p.
A




A
A.
A
A
A
A
A
A
A

!j.

A J.

g.

July, 1888
Nov., 1895
Oct., 1885
May, 1881
April 1, 1906

July

1, 1902

July 1, 1905
1905
1907

July 1. 1907
1908

I*' (J. A J.

April 1, 1897
Jan. 1, 1907
Feb. 1, 1879
Oct. 1, 1876
Jan., 1902
Sept., 1902
Nov., 1902
Jan., 1902
Jan., 1903
July 1, 1876

7

3^2
7
7
7
7

Savannah.

July, 1897

N. Y., Ferkins, L. A Post
do
do
Im. a n.
do
do
M. A N.

I

1879

....

•

1, 1888
May 1, 1889

Nov.

’

7 g.

*8*

634,000
621,000
452.500
990,000
969,000
84,190
226.900

6 g.
6 g.

312

1,022,900
336.900
100,000

14,785,100

4,599,578
1,650,000

'

6
7
4
3
5
6
6
6
6
6
6
6

do
do
J.
do
do
J.
J.
J.
Lynchburg Office.
J.
J. N. Y., Perkins, L. A P.
Portland.
F.
A.
S. London, Gr. Trunk Rw.
M.
Portland.
M.
N.
O. London, Gr. Trunk Rw.
A.
do
do
N.
M.
Savannah.
J.
D.
J.
J. Phila.,Farm. AM. Bank
do
do
J.
J.
Baltimore Office.
M. A N.
J. A J. Balt., Merchants’ Bank.
Baltimore Office.
A. A O.
J. A J. Balt., Merchants’Bank.
Baltimore Office.
A. A O.
London.
M. A 8
Baltimore Office.
J. A J.
J. ,A J. London, Naylor A Co.
London.
M. A 8.
M. A N. London, Speyer Bros.
Baltimore.
J. A J.
J. A D. Lon., J. S. Morgan A Co.

jJ.
IJ.

Is-

713,000

Oct.

1,

1901

|L

3

28,600

Y., First Nat. Bank.

ij

8
8
8

5,454,680
787,000
1,500,000

A. A O. N.

J. A J. N. Y., Perkins, L. A P. Jan. 1, 1887
Jan. 1, 1887
do
do
ij. A J.
do
do
A J.
July 1, 1893
Jan. 1, ’84-’90
do
do
A J.
Jan. 1, ’84-’90
do
do
A J.
Jan. 1, ’86-’90
do
do
J. A J.

7
8
8
6
6
6

s.

g.
g.
g.
g.

6
5

2.7, 42 7 )

Atlanta & West Point.—Gross earnings, in 1877-8
*321,140, in 1876-7, $(11,153; net ear.lings in 1877-3,
*145,43'>, in 1376.-7, $U6,949.
There are $83,000
bonds outstanding.
(V. 25, p. 137; V. 27, p.
121.)

p.

1908
1879

Jan. 1,18S3-’88
Nov. 1, 1879

New York, Office.
0.
do
J.
J. Atlanta, Ga., atTreas’y.
0. New York and London.
do
do
J.
do
do
8.
do
do
N.
do
do
J.
J.
London, Co.’s Office.
do
do

A.
J.
J.
A.
J.
M.
M.
J.
J.

g.
g.
g.

Atlanta & Char'ott*.—This is the Atlanta & Rich¬
mond Air-Line sold in foreclosure December, 1876.
and re-organized.
G.oss earnings 1878, $623,27c;

p.

A. A 0.
A. A 0.

7 g.

15, 40, 227, 2*0, 303, 3C2, 407, 434, 513; V. 28, p. 120,
222, 301, 379, 400, 427, 475, 02.)

(V. 28,

Jan. 1,
Jail. 1,

1903
1882

do
do
do
do'
do
do
do
do
do
do
do
do

A O.
A J.
A J.
A N.
A J.
A J.

V. 26, p.

Albany & Susquehanna.—'This road is leased for

-

8
7
7 g.
7 g.

net, $20?,033.

150 years from 1870 to Delaware & Hadron Canal
Co., at 7 per cent per annum, on stock and bonds.
Consol, mort. is for $10,050,000, of which $3,450,000
is to retire old bonds, and balance for a part of old
stock and to lessee for improvements.
Net earn¬

S.
J. N.Y.,Farmers’ L. A T. Co
J. N. Y., B’k of Commerce.
J. N.Y.,Dcl. AHud.Cau.Co
do
do
N.
do
do
O.
do
do
N.
do
do
0.

A.
J.
J.
M.
J.
J.

v-

nooga reorganized.
er’s certificates are

About <450,000 of the receiv¬
disputed. (V. 25, p. 40, 185;
17, o9, 84, 264; V. 27, p. 67, 85, 121.)

A
A
A
A
A
A
A
A

A J. N. Y., Winslow, L. A Co. March 1, 1896
Jau’ary Harrisburg, Treasury. * $100,000 y’rly.
7 or 6 g. A. A O. Philadelphia or Loudou April 1, 1910
Oct. 1, 1894
7
Pittsburgh.
A. A O.
Mar. 1, 1908
7
M. A S.
Boston, at Office.
Boston.
July, 1899
7 g. J. A J.
Oct. 1, 1900
do
7 g. A. A O.

458,000

579.500
1,710,000
3,017,697
2,933,091
2,420,000
8,683,686
9,231,341
880,000
7,703,034

June, 1901
1882 *

A J.

5

5,355,000
3,568,000
2,060,000
1.748.500
3.693.200
782,976
1,666.000
300,000
464,000
200,000
6,921,900
5,470,000
4,000,000
306,000
157,000

500

Stocks—Last
Dividend.

*

15,165,200
11,989,680
28,783,000

1,000
1,000

Payable, and by
Whom.

200.000

*100
1867

When

Payable

8
8
6 g-

480,000
413,000

1,000
1,000

100

”58

150
150
150
150
150
53
51
51
595

Loan, 1850
Loan, 1853
do
1870,sterling, £800,000, sink, fund
Baltimore loan, 1855-’90, sink, fund
Debentures, sterling
Sterling mortgage, sinking fund

j

1,000

1,000

286

Augusta <£• Savannah—Stock

Alabama & Great Southern.—Alabama & Chatta-

253,000
1,960,000
2.166.500

1,000

350

Bold Eagle Valley—1st mort., s. f.($5,000 per year).
2d mortgage ($5,000 per year)
Baltimore & Ohio—Stock
Preferred stock
Washington branch

j

1878
1877
1877
1878
1877

460
1871
460 I 1871
460 ! 1871
1872
1873
1873

Petersb’rg

Alabama Central.— In default since January, 1872.
Negotiations pending for a new adjustment, and a
connection with Meridian coinplet.d Nov., 1378.
(V. 27, p. 40, 5,6.)

500 Ac.

87

do

do

1872
1875

2651e

Virginia & Tennessee—Enlarged mortgage
do
4th mortgage
do
do
do
Registered certificates
do
do
Interest funding bouds
Atlantic d- St. Lawrence—Stock, currency..
Stock, sterling
j.
Portland city bonds, 1st mort., sinking fund
2d mortgage, sterling, 5-20 years
3d

1,000
1,000

When

Rate per
Cent.

700,000
335,000
3,500,000
1,000,000
933,000
2,000,000

1,000

-

*

$1,600,000

1,000

1870
1871
1874
187a
1869
1870

265 ^

do

pref. cousol. mort

j $....

50

44
31

Petersburg—1st mortgage, extended.,

do
South Side—1st

Amount

Outstanding

1878

Atlantic, Miss. & Ohio—Stock, (com’n, pref. & guar.).
1st mort. consolidated, gold (for $15,000,000)
2d mort. to the State (no interest till 1880)
do
do

Par
Value.

1865
1865
1869
1876

148

1st general mortgage ($18,000,000)
2d
do
do
($12,000,000)
3d
do
do
($29,000,000)
Leased lines rental gold bonds (Cl. A M.)
do
do
(P. P., P. V. and S. A A.)
Western Extension certificates (Cl., Col., Cin. A I.)
bonds
do
do
do
A.tlantic d- Gulf—Common stock
Guaranteed stock
Consolidated 1st mortgage
Sav. Albany Si Gulf RR. mortgage bonds
Southern Georgia Si Florida, 1st mortgage
2d mortgage
do
do

1st
2d

or

i8 63

1866

27*o
65

Mortgage bonds

do
do

j

Points—Brine’

INTEREST OR DIVIDENDS.

Size,

100

1878

Atlanta
West Point—StocK
Atlantic ds Great Western—Old 1st mort.,Ohio Div..

Norfolk &
do

1878

296
201
142
142
142
142
142
262
132
110
110
262
149
867

1st

Bonds to State Pa. (endorsed) 2d mort., East
1st mort., East’n Extern, guar, by Pa. RR

?

-

mortgage, new, (for $1,750,000)
Albany <£• Susquehanna—Stock

Alleghany Valley—Stock
General mortgage (Riv. Div.)

1871

81

1st

2d mortgage
3d mortgage, sinking fund
Consol, mort. (guar. D. AH.) coup., may

giving immediate notice of any error discovered In the««e Tables.

Miles
of

Alabama Central— (Selma & Merid.)—1st inert —
Ala.<£ Gt.South*n. —Receiver’s eertitic.of Ala.AChatt

[Vol. xxviir.

A
A
A
A
A
A
A
A
A
A
A
A

July 1, 1884
Men. 1, 1900
Jan. 1, 1875
July 1, 1880
Feb., 1879
Mar. 15, 1879
May 2, 1886
Oct. 1, 1884
Oct, 1, 1891
June, 1879
July 1, 1881
July 1, 1884
May 15,1879
Jan.

1, 1879

April 16, 1879
1880

1885
1895
1890
Jan. 1, ’80 A 81
Mch. 1, 1902
1910

1879-1900
June 1, 1927

mortgage was made in May, 1879. A scheme of re¬
organization approved by the consolidated mortgage
bondholders (mostly in London) will probably be
carried out. (V. 27, p. 40, 67, 251, 2 7 9 , 434. 461; V,
28, p. 97, 199. 222, 4 6.)
Atlantic & St. Lawrence.—Leased for 999 years,
Juiy, 1853, to Grand Trunk Railway of
Canada.
Annual rent, 6 per cent on bonds and
stock. (V. 27, p. H7.)
from

Atlantic & Great Western—The common stock
outstanding is $24,795,208, and preferred $3,576,25 i.
This road was leased to the Erie for 99 years from
May 1, 1874, but the lease was contested. Shortly
after (in July, 1374) default was made ou its bonds.
Proceedings looking to re-organization aredn prog¬
ress, and a new lease to Erief is proposed. Gross
earningsNn 1878, $3,745,206; net deficit under
rentals, Ac., $19,960.
(V. -.6, p. 66. 9.5, 214, 444;
V. 27, p. 651; V. 28, p. 222, 276, 3 9 9 , 452, 476, 525.)

also has *334,003

Atlantic cfe Gulf.—The Company
of old sectional mort. b’ds

outstanding; $500,OOJ 10

centand
notes;Bainbridge
$45,003 Junction
Ker
coupon
BranchInter¬
RR.
Ext. bonds.
onds,
$5(.500
est

on

sectional mortgages,

prior liens

to

the

consolidated, is paid by receivers, and ou consoli¬
dated bonds 6 mos. in arrears. In New York, July,
’77, $1 00 >,00021 mortgage bonds, held as collateral,
were sold at auction at b'Al&Vi.
(V. 25, p. 57, 407;
V. 27, p. 538.)

Mississippi & Ohio.—Gross earnings
year ending June 30, 1378, $1,781,7 0; expenses.
$1,351,575; net earnings, $430,13). The d visional
bonds mature i mid maturing up to July, 1830,
Atlantic,

have be

ui

Court. and

extended foi
new

by order of the

sheets of coupons are iesned to the

holder*
Interest
oaH two
r th*^e

A final

ten years

the
divisional bonds is
months after it fills due.

on

decree of sale

under

the consolidated

Augusta & Savannah.—Leased to Central of Geor¬
gia for $73,000 per annum; has surplus fund of
about *50,000.
Bald Eagle Valley.—Leased to Pennsylvania Rail •
road at 40 per cent of gross receipts.
In 1877 "roes
earnings were *136.962. The Pennsylvania Railroad
holds all the 2d mortgage bonds. Holders of 1st

mortgage are * sked to exchange
year bonds.
(V. 27, p. 43 >.)

them for new 30

Baltimore & Ohio.—The am nnt of stock as above
includ 8 th * iast stock divid nd. Annual report
for 1877-8 in V. 27, p. 535.
The floating debt Sept.

D73, w.s $2,563,332 of “bills payable.” and
$2,551,959 of “ loans and st rling ob’igt;ious.” and
to April, 1879, $761,640 of earnings was applied 10
thl*. The gross earnings of the “ Main Stem.” &c.,
30,

for five years were as
Gross
1877-8
1876-7...
1875-6..
1874-5...
..

1373-4..

follows

Earning*.
$8 563,956
8,262,045
9,632,1361
10,311,178
11,693,955

:
Net

Earnings.

$4,039,611
3.65 ',893
4,215,554
4,332,206
5,01S,0S0

The gross earnings of the main
in
1877-78
were $13,765,279,

Stock and
Debt. ‘

$55, 47,662

47,311,(00

47.17-1,000
45,876,* 00

and all leased lines
and net earnings,

$5,995,978, including earnings of Pittsburgh Division.

Div. of 25 per cent on Wash.
107*.
(V
n ?oq. 3«7, 598;

V. 28, p. 223,276,3:8.)

Branch stock in June,
V. 27, p. 67, 535, 6ol;

May

RAILROAD STOCKS AND BONDS.

31, 1879]

Subscribers will

coaler a

great

favor by giving Immediate notice of any error discovered in tliese Tables*

DESCRIPTION.

Miles Date
of
of
Road. Bonds

For explanation of column headings, &c., see notes
on

first page

of tables.

Baltimore A Ohio—(Continued.)
Northwestern Virginia, 3d mortgage, 1855-85

Size

...

....

....

1st mort., gold, tax free, coup., s. f. 1 per cent—
2d mortgage, income, main liue and tunnel, reg..
Belleville A South. III.—1st M., sink’g fund, guar
Belvidere Del.—1st mort. due 1877, extended, guar.
2d mortgage bonds of 1854 (guar, by C. <fc A.)
3d mortgage bonds of 1857 (
do
do
)
Consol. mortgage of 1876

98
98
56
64
67
....

84
21

Berkshire—Stock

Boston A Albany—Stock
Dollar loan../.
Loan of 1875, coupon or
registered
Boston, Barre A Gardner.—ls£ mortgage
Bost.yClin.A Fitchb.A N.B.—Stock ($1,750,000 pref.)
1st mortgage, Agricultural Branch

par

Value.

$....

1855
1878
1871
1871
1875
1866
1877
1854
1857
1876

1,000

500
500

1,000
100
100

....

....

38*3
151
29

43

Bonds

1871-2
1875
....

1,000
1,000
100 &c.

1854
’69-’70
1876

1,000
1,000

7s)

....

Boston, Concord A Montreal—Preferred stock

166

Com. stock (for old dividends & new stock)
Sinking fund bonds ($654,000)
’
Consolidated mortgage bonds (for $2,000,000)
Boston A Lowell—Stock
/
*

....

Bonds
Bonds
New bonds
Boston A Maine—Stock
Bonds, coupon and registered
!
Boston A New York Air-Lino—1st mortgage
Boston A Providence—Stock
7.. T
Bonds to purchase branches, coupon or registered
Ten year notes for $800,000
ae.

204
52
66
....

5

I’d)

mortgage (for $1,000,000)
Burlington, ft. Rapid sA Northern—1st mortgage
Burl.AMo.Riv.—1st M.on r’d<fc 400.000 ac’s I’d) Cp.
1st mort. on br’ch, C. B. & Q. stk. (5th ser.)
or
Convertible bonds, C. B. & Q. st’k (6th ser.) J reg.
Burlington A Missouri in Nebraska—Stock
1st mortgage, convertible, land grant
1

...

j uer®'

49

71
181
144
156
139
139
139
67
60
60
31
100
291
242
242
92

.

Burl. A Southwest.—1st mort., cp., maybe reg
Cairo A St. Louis—1st mortgage
Cairo A Vincennes—1st mortgage, gold

California Pacific—1st mortgage, gold
2d mortgage, endorsed by Central Pacific

3d mort., guar, by C. P. ($1,000,000 are 3 p. c.)
Camden A Atlantic—Stock ($838,150 of it pref.)....
1st mortgage (extended 20 years in 1873)
.

mortgage

Camden A Burlington Co.—1st mortgage
Canada Southern—Stock
New mort., interest guar., (for $14,000,000)......
Carolina Central—1st mortgage, gold/coupon
Income bonds, coupon
Catawissa—Common stock
New preferred stock
Old preferred stock
1st mortgage bonds
Chattel mortgage bonds
New mortgage
Cedar Falls A Minn.—Bonds on 1st div., sink, fund
Bonds on 2d division, sinking fund
Cedar Rapids A Missouri—Common stock.
Preferred stock, 7 per cent
1st mortgage
do

Belleville A Southern Illinois.—Leased and operated
by St. L. Alt. & T. H. Co. on a percentage of gross
earnings. (V. 24, p. *97; V. 26. p. 417.)
Belvidere Delaware.—Stock is $995,150. Leased to
United Co.’s of N. J., and lease assigned to Penn. RR.
Net earnings go to lessor. In 1871 net earnings of B.
D. were $121,566. Floating debt, $171,702.

Berkshire.—Leased to Housatonic, at 7 per cent

1\ per cent is usually applied

6,179,610
2,166,844
7,074,758
2,391,764
7,634,139
2,262,147
8,963,128
2,414,916
(V. 25, p. 430; V. 26, p. 166; V. 27, p.
Boston, Barre A. Gardner.—Income in 1876-77
showed a deficit of $44,420 under interest charge.
Bost. Clinton Fitchb AN.Bedfd.—This was a con¬
solidation in May, 1876, of the B. C.& F. and the N.
Bedf. roads. In Dec., 1876, leased to Old Colony.
....

earnings in 1877-78

HJ2,241 in 1676-77. (V. 27,

....

-

ioo

....

1873-4 500 &c.
1875
1,000
100
.1873
....

....

1,000
100

....

1876
1871
1878
1876
1863
1869
1870
1869
1873
1878
1872
1878
1870
1871
1871
1869
1871
1875
1853
1855
1867

1878
1873
1874

1,000
500 &c.
100 &c.
50 &c.
500 &c.
500 &c.
100
500 &c.
500 &c.
600 &e.

1,000
1,000
1,000
1,000
1,000
500
50

1,000
1,000
500 Ac.

1,000
1,000

1,000

65

1,000
1,000
1,000

1864
1866

1861
1863
1866

1*
4
7
6
7....

6
7
7
6

870,000
571,500
800,000
1,000,000
202,000
1,478,000
3,250,000
200,000
999,500
500,000
750,000
6,921,274
3,500,000

6 & 7
3

were

$286,631, against

p. 537; V. 23, p. 40,

pal, When Due.
Slocks—Last
Dividend.

Where Payable and by
Whom.

4,000,000
500,000
500,000
580,000
950,000
2,380,000
2,582,000
(?)
6,500,000
4,638,250
279,000
370,500
8,583,750
1,414,000

100
500 Ac.
500 Ac.
100
100
500 &c.
500 Ac.
500 Ac.

J.

313
7

5
7

8
8
2
8
8
6
3
6
8
7
7 g.
7 g.
6 g.

6,752,000
1,034,000

1,800,000

3 A 6

2.332.000

2
7 g-

do
do

do
do

Boston, at Office.
do
do
New York.

A.
N.

Bostor, at Office.

J.

do

do

Jan.
Oct.

1, 1879
1, 1879
April 1, 1892
March 1,1895
July 1, 1896
May 15, 1879
Jan., 1893 & 94
Aug. 1,1895
May 1,1879

July 1, 1893

A J. New York, Erie Office.
J. & D.
N. Y., Erie Railway.
J. & D.
do
do
J. A J. N. Y., Farm. L. & T. Co.
J. A J.
do
do
J. AD.
New York.
A. & 0. Boston and New York.
J. A J.
do
do
J. & J.
do
do

Boston, Office.

....

J. &
J. &
J. &
J. &
J. &
M. &
A. &
A. &
J. A
J. &
J. A

J.
J.
J.

do
do
do
do
do

June
June

Camden, Co.’s Office.
Phila., Farm. A M. B’k.

3%
7
....

7

4%
7
71

3i«
7
7
7

Operated with N. Y. N. H.
both

Buffalo, New York db Erie.—Leased to Erie in
1863, for 490 years, at 7percent on

stock and interest
bonds. (V. 24, p. 346; V. 25,

p.

guarantees $150,060 Minne¬

apolis & St. L. RR. bonds. Net earnings 1877-3,
$560,311; extraordinary expenses, $617,745. (Y. 24,
p. 518; V. 25, p. 260, 510; V 27, p. 301.)
Burlington db Missouri River.—An agreement of
Consolidation and a perpetual lease to Chicago, Bar.
& Quincy, was made in Oct., 1872. In August, 1875.
stock of Chic. Bari. & Q. was issued in place of
stock of this C.>. and for convertible bond i.

&
A
A
A
&
&
A
A

do

Sept. 1,
1,
July 1,
July 1,
May 1,
July 1,
Oct.

1906
1893
1894
1889
1879
1894

1, 1883

July 1, 1918
June 1, 1896
July 1, 1918

May 1, 1895
Oct. 2, 1901
Oct., 1909
1, 1889

Jan.

1891

July, 1905
Jan. 15, 1877

Jan., 1893
Oct., 1879

do

189?

Phila. and Mt. Holly.

1, 1908
July 1, 1923

April 1, 1914

N.
N.
A.

Philadelphia.

May 15, 1879

do
do

May 15,1879
Feb. 1, 1882

A.|

Philadelphia.

1888 to ’89
Feb. 1, 1900
Jan. 2, 1879

A.!

do

J. New York, 44 South st.
0. N.Y.,J. 8. Kennedy & Co April 30, 1884
Jan. 2, 1907
'do
do
J.

Q.—F.

Boston, Treasurer.

do
do
A A.
A A. N. Y., Nat’l Park Bank.
& A.
do
do

F.
F.
F.
M.

1, 1896
1, 1879
1, 1916

July 1, 1896

Jan.

D.
J.
N.
Boston, Co’s Office.
O.
O. New York and London.
J. N. Y., Nat’l Park Bank.
J.
do
do
New York.
J.

Q.—J.

Jan.

M.
M.
F.
F.
F.
J.
A.
J.

~3%

lease to Eiie at $40,600 per year.

This company

do
do
do
do

Jan.

Boston A Ptmidence.—The bonds and notes have
been issued for purchase of branch roads. (V. 25,
p. 531; V. 27, p. 565.)

issued.

Boston, at Office.

J. & J. N. Y., Union Trust Co.
J. & J. N. Y. Office, 4 Broad st.
A. & 0.
do
do

& H., rece.ving 6 per cent of gro«*s earnings,
lines. (V. 26, p. 598; V. 28, p. 173, 352, 428.)

and sinking fund on

1889
1893

Boston Office.
do
do

3
6 g.
7

Boston db N. Y. Air Line.—Formerly N. Haven
Middletown & Wil. Has $3,000,000 preferred stock

$1,000,000 common.

J.
O.
J.
O.
O.
S.
J.
N.
J.

J. & J.
A. & 0.
F. & A.

537, 565.)

and

A.
J.
A.
A.
M.
J.
M.
J.
F.

7
6

There are $407,000 notes outstanding.
(V. 25, p.
16; V. 26, p. 39; V. 27, p. 121, 303, 537.)
Boston db Maine.—Net income, 1877-8, $737,891,
against $660,964 in 1876-7. (V. 25, p. 531; V. 27,
p.

J.

1887

600,000

2,500,000
3,500,000
2,250,000
1,600,000
3,000,000
1,215,550
490,000
497,000
350,000
15,000,000
10,862,686
3,000,000
3,000,000
1,159,500
1,000,000
2,200,000
230,500
209,850
1,300,000
589,110
198,000
1,334,000
6,850,400
769,600
700,000
582,000

7

7
6
3
7
7
3

500,000

&
&
&
&
&
A
&
A
&
&

7

1

6
7

Boston, Concord db Montreal.—Gross earnings for
Burlington A Missouri in Nebraska.—Has a valu¬
the year ending with March, 1878,
were $654,272; able land
grant.
Sales in 1878 514,998 acres
net earnings, $201,100. There
are also $76,000 old for ; $2,620,510.
Consol. 6 per cent bonds are
bonds dueln 1865, and $350,006 due in 1875. (V. 24,
issnea for 8s maturing in 1894. Om iha & *. W. is
P. 516; V.S6,p. S46.)
leased. Republican Yailey raid is leased, and its
Boston <t Lowell.—Net income, 1877-78, $389,061. bonds are changeable for B. & M. consolidated




Bonds—Princi¬

DIVIDENDS.

J. Balt., Mech’s Nat. Bank
1885
J.
Baltimore.
July 1, 1888
J. Baltimore or London.
July 1, 1911
0.
do
do
April 1, 1911
Jan. 1, 1915
J.
Baltimore.
0.
N. Y., Russell Sage.
Oct. 1, 1896
1902
D.
Philadelphia.
1885
S.
do
1887
A.
do
J. Treasurer, Trenton,N.J. Jan. 1, 1916
Q.-J. Boston, Kidder, P. A Co April 1, 1879
M. & N.
Boston Office.
May 15, 1879
F. & A.
Feb. 1, 1892
do
J. & J.
do
July 1, 1895
A. & O. Worcester, City Nat. Bk. April 1, 1893
M. & N.
Boston Office.
J. & J. Boston, Boston N. Bank July 1, 1884
J. A J.
do
1889 & ’90
do
J. & D.
do
June 1, 1896
do
A. A O.
do
do
’81,’82, ’83.’85
J. A J. Boston, Suffolk N. Bank July, 1881A 94
M. & N.
Boston Office.
May 5, .1879
J.
J.
J.
A.
J.
A.
J.
M.
F.
J.

&
A
&
A
&
&
&
&
A
&
M. &
J. &

6
6 & 7

853,000

50

1872

6
6
6 g.
6 g6
8
6
6
6
7

16.)
Buffalo, New York db Philadelphia.—This i» the
connecting line of the Phila. & Erie with Buffalo.
Net earnings 1877-8, $450,419.
New bmds are
28,870,509 offered to replace the 10 per cents. (V. 26, p 574;
27.129.282 V. 27, p. 538; V. 28, p. 252.)
26.476.282
Burlington Cedar Rapids db Northern.—The stock
25,422,100 is for $10,009,009, cf which $5,500,000
has been
460.)

1876-7

The net

Pay’ble

Buffalo, Bradford db Pittsburgh—Under perpetual

Boston A Albany.—As this is the
principal West¬
ern trank line from New
England, its yearly reports
Show the course of business on that class of rail¬
roads.
In past five years the following has been
its exhibit:
Gross
Net
Total Stock
and Debt.
Earnings.
Earnings.
1877 8
$6,633,533
$2,219,536
$

1875-6
1874-5
1873-4

....

50

70
58
146

do

Cent. Net earnings, 1877, $111,788 (V. 24, p. 563;
V. 26, p. 568.)

...

100
100
100 &c.
100 &c.
500

ioo
100
35
14
61
274

Cayuga A Susquehanna—Stock

the

1873

....

191

Republican Valley RR., 1st mort., exchangeable

Baltimore A Potomac.—This is the line of

26
142
140
121
121
367
281
40

19i

Bonds, convertible till Jan., 1882
1
Consol.mort.for $14,000,000, s. f. $30,000 f

Penn. Railroad from Baltimore to Washing-on. The
bonds are guaranteed by Penn. RR. and Northern

—

1876

2d

Omaha & S. W., 1st mortgage, guar

When

Cent.

400,000
799,600
528,000

•

1872
1875

Buffalo. New York A Erie—Stock
New mortgage
Buffalo, N. T. A Philadelphia—1st mort., gold

per year on stock, but
for taxes, &c.

.

-

’61-’74 500 &c.

1858
160
82

Mystic wharf purchase bonds

Buff.,Brad. A Pitts.—Gen. M.,(incl. 10,000

Rate pei

366,370
1,500,000
3,000,000
1,133,000
1,100,000
1,000,000
499,500
745,000
1,200,000
600,000
20,129,282
5,000,000
2,000,000
400,000

1

1,000
are

Outstanding

3,047,700

....

....

Equipment notes

($400,000

Amount

$140,000

1,000
1,000
1,000
1,000

321

Mortgage bonds 1869-70

2d

INTEREST OR
or

1
.....

Bonds to State of Maryland
Baltimore A Potomac—IstM (tunnel) gold, s. f. 1 p. c

N. Bedford Railroad bonds

XV

A N.

do

bonds oh any coupon

do

May 1, 1879
1, 1879
Aug. 1, 1891
Feb.

Aug. 1, 1894
Mav. 1916

day after July 1, 1879.

(V.

26, p. 192, 494,148,598; V. 27, p. 15, 67,171; V. 28, p.
120, 276.)

Burlington A Southwestern.—Defaulted Nov., 1873.
Foreclosure in progress. (V. 21, p. 159, 441.)
Cairo A St. Lou is.—Defaulted in 1873 by failure
to receive town and county bonds.
Receiver ap¬
pointed December, 1877. Deficit in eamin s 1877-8,
$12,989. (Y. 25, p. 511, 569; V. 23, p 451.)

Cairo A Vincennes.—Defaulted in 1874.
of receiver.

In hands

Deficit in

earnings 18:6-7, $11,747.
California Pacific. - Gross earn’gs,’76-7, $1,326,632;
net, $444,026. Extension bonds of $3,500,000 and in¬
comes of $1,0)0,000 were in default, and the new
bonds of 1375, guaranteed by Cent. Pacific, were
issued in place thereof. (V. 24, p. 274, 468, t05.)
Camden, A Atlantic.—Gross earnings, 1878, $3>9,060; net, $121,213. Interest, &c., $93,950. (V. 28, p.
300.)
Camden A Burlington Co.— Leased to United
Companies, at 6 per cent on $3S2,000 stock.
Canada Southern.—The bonds carry interest at 3
per cent till 1881 and 5 per cent for the other 27
years. N. Y. Central Co. guarantees interest for 20
years, but makes no guarantee of principal. (V.
26, p. : 67, 391, 574; V. 27, p. 94, 538.)
Carolina Central.—Receiver appointed December.
1876. Passed interest January, 1876. (V. 23, p. 622.)
Catawissa.—Leased to Phila. & Read, for 999
years from Nov. 1,1872. Lessee pays int. on bonds
and 30 per cent of gross receipts.

Cayuga A Susquehanna.—Leased in perpetuity to
Lack. & West, at $54,600 per year.
Cedar Falls A Minnesota.—Leased to Dub. & Sioux

Del.

City, and sublet to HI. C. at $1,500 per mile yearlv,
a per cent of all earnings over $3,500 per mile.

and

Cedar Rapids A Missouri.—Leased to Chfteago A
Northwestern at $700 of first $1,500 gross earnings
per

mile; one-third of the next $3,000 per mile, and

one-fifth of all above that.

(Y.

p.

162.)

RAILROAD STOCKS AND BONDS.

xvi
Subscribers will confer

a

great favor by giving Immediate notice of any error discovered In tbese Tables.

DESCRIPTION.
For explanation

of column headings, Ac., see notes
first page of tables.

on

Central R. R. <& Bank, Ga.—Stock
General mort. “tripartite” bds ($5,000,000) coup.
Macon & Western bonds
Central of Iowa—1st mortgage gold, coupon
2d mortgage, gold, $4,000 per mile
Central of New Jersey—Stock

Miles Date
of
of
Road. Bonds
708
620

....

....

202
202

Bonds (convertible Nov., 1875 to 1877)
Consolidated mortgage (for $25,000,000)
Income bonds, reg., (not cumulative)

7

mortgage
Lehigh A Wilkesbarre Coal Co., 1st mort., guar...

do
do
Consol m., coup., guar.
do
do Inc’mebds, rg.(not cum’lat’e)
Am. Dock & Imp.Co. bonds, guar. Cent.of N. J—

•

•

•

•

•

•

-

•

....

....

1878

4781

137
137
137
2180

....

(s.f.,$35,000)

Cherry Valley Shar. & AL—1st mort., convert
Chesapeake & Ohio—Purcli. money bds ($2,300,000)
1st mortgage ($2,000,000), “A”
1st mortgage, gold, “B”

1,000
100

1,000
1,000
1,000
100 &c.
500 &c.
£200

1,000
1,000
100 Ac.
50
50

1,000
1,000

1862

1870

1,000

1869

1,000

1868
1872
1870
1870
1869
1872
1871
1869
1878

1,000
1,000
1,000
1,000

434
434

....

....

....

3d mortgage,
do.
do.
coupon
Income mortgage, (Virginia Central R.
Funded interest, coupon bonds

88

21*2

1875

A...
A...

1,000

(0

1,000
1,000

15,000,000

bVi JJJaVhp J

100,000
918,000
300,000
160,500

Quincy Alton & St. Louis, 1st mortgage, coupon..
Chicago <£ Canada Southern—1st mort., gold

100

1,000
1,000

4,379,850
2,363,000

500 Ac.
100

1,096,000

1st mort gage

pur¬
chased one-half interest in Western Railroad of
The “tripartite”
Alabama at foreclosure sale.
bonds are issued jointly oy this Company, the Macon

Gross earnings year

ending Augu-t 31, 1878, $2,721,621; net, $1,123,309.
(V. 23, p. 353, 4i>8; V. 25, p. 430; Y. 27, p.
381.)

Central of Iowa.—Sold
1877. under 1st mongage.

in foreclosure, July 18,
Appeal carried to U. S.
Supreme Court. Negoiiations for re-organization
are pending.
Gross earnings, 1878, $755,658; net,
$180,081. (V. 2tj, p. 215; Y. 28, p. 17, 145, 299, 378,
4<7.)
Central of New Jersey.—A full abstract of the re¬

organization scheme

was published in the Chron¬
V. '*6, p. 215. Gross earnings 1878, $5,589,525;
net, $2,3(2,<69. Net earnings, 1877, afterpayment
of Lehigh & Susq. rental, were $1,838,335.
The
Central of New Jersey assumes $2,310,000 of Le¬
high Coal & Navigation Company’s debt and $205, •

icle,

793 of the Railroad Car Trust Co. The American
Dock & Imp.Co. executed a mortgage for $4,000,000,

564,000
188,000
360,000

1,854,000
300,000

592,

1,000

3j000,000

100

700,000
30,409,407

1^000

1877
185S
1873

2^711,000

1,000

i;ooo

13,068,000
•

'

1872
1875
1869
1870
1870
1870
1876
1876
1872
1867

1,000
1,000
500 &c.

1,000
500 Ac.

741,000
653,000

1,462,475
415,000
546,500

1,079,000

'890,500
720,000

1;000
1,000
1,000
l'OOO

2,360,000
'8 10,000
2,571,350

500 Ac.

1,000,000

i

6,156,000

....

1879

400,000

earnings to June 30, 1878,
V. 27, p. 459.

was

6 g.
6 "
4

8
7
4 g.
7
7
5
8
8
8
8
5
5
7 g.
7
2
7

uiven in the Chroni¬

Gross earnimrs, 1S77, $16,471,144; expenses, $7,774,417; net earnings. $8,696,726.
The dividend was passed in April, 1877, and 1 per
cent declared Oct., 1878. but enjoined.
Trustees of
land mortgage held in May, 13i8, $1,109,242 m cash,
and $1,696,942 i > notes, and in August they called
for sale to them of $1,100 009 land bonds.
In
Jan., 1879, called for $100,090. (V. 26, p. 36S; V.
27, p. 40 95, 122, 147, 253, 274, 407, 4 5 9; V. 28, p.
60, 121, 477.)
Charlotte, Columbia & Augusta—Stock is $2,578,000, and $189,500 of old Col. & Aug. bonds are yet
out, due 1890.
Gross earnings 1877-78. $441,357;
net, $168,578. Interest and tuxes, $2.3,011. “Bills
payable.” *132,775. Control of road sold to Rich¬
mond & Danville. (V. 24, p. 62; V. 26, p. 95; V.
27, p. 280; V. 28, p 96.)
Char tiers.—Leased to Pitts. Cin. & St. Louis, and
operated by Penn. Co. Net earnings go to lessor—
in 1878, $42,588.
(V. 23, p. 377.)
cle,

.

Central Ohio.—Leased to Baltimore & Ohio RR.
in 1866 for 2 > years; rent 35 per cent of gross re¬

ceipts for five

years,

ware

141, 216, 315. 391. 495, 574,

624;’V?27, p.'eSl'TV."?. p. 120, 223, 476.)
and 40 after.

Pays 6

per

cent

Cheshire.—Net

income. 1877-78. $78,019.

New 6

onds
authorized,
Eer
centof bouds
1880. for
(V. $586,600
23, p. 5 48;
V.. 26, p. to
495;red
V.:em
27,
p.




Stocks—Last
Dividend.

J. &
J. &
A. &
J. A
A. &

M.
M.
A.
M.
J.

A
A
A
&
&
J. &
J. &
A. &
J. &
J. &
J. &
J. A
A. A
J. A
A. A
F. A
A. A
J. A

S. N.Y.,M.K.Jesup,P.ACo. March 1,1905
Mav 1, 1903
do
do
N.
Oct. 1, 1912
do
do
O
S. N. Y., Bk. of Commerce. Mcli. 15, 1879
Jan. 1, 1883
do
do
J.
J. N.Y.N. Bk.of Com.ABost July 1, 1903
Frankfort.
J.
July 1, 1890
O. N.Y., N. Bk. of Com’rce. Oct. 1, 1890
Jan. 1, 1896
Boston. Co.’s office.
J.
June 1, 1895
Boston, Co.’s Office.
D.

July, 1889
July, 1900
Oct., 1890
July, 1890
Oct. 1, 1901
Boston, C. B. A Q. RR. Feb. 1, 1896
N. Y., Union Trust Co.
April 1, 1902
Jan., 1887
N. Y.. Farm. L. A T. Co.
April 15,1879
Boston, Office.
Feb. 1, T884
do

J. N.Y.,N. Bk. of Com’rce.
J. New York and Boston.
Boston.
O.
J. New York and Boston.
Boston.
O.
*

A.
O.

J.

F. A A.

msrs'of $4,671,519, and net earnings of $2,156,384,
against $2,107,337 in 1877, and $2,269,467 in 1876.
Joliet & Chicago Railroad is leased for interest on
stock and bouds. St. Louis Jacksonville & Chic.
Railroad leased at $240,000 per year. Louisiana &
Missouri Railroad operated under contract. New
extension to Kansas City bu’lt in 1878, and a mort¬

that line (K. U. St. L. & Chic. RR.) is
deposited in trust as security for C. & A. gold 6s of
1878. Chic. & III. River was to have been sold May
31, 1878, but sale enjoined. (V. 26, p. 95, 192, 213,
289. 436. 547; V. 27, p. 41, 94, 382; Y. 23, p. 274,
29 8,400,428.)
Chicago Burlington & Quincy.—Purchased in
October, 1876. St. Louis Rock Island & Chicago
road, for $1,570,000 in gold.
Gross earnings for

gage on

$14,119,665; expenses, $7,871,915; net
earnings, $6,247,750. The Chic. Burl. & Quincy
leases numerous branch roads, giving them a traffic
guarantee (usually 40 or 50 per cent) for purchasing
1878 were,

bonds. Leases In perpetuity the
Alton & St. Louis at $42,000 per annum.

their

of the

Chicago Burlington & Quincy

Quincy

Enough

consolidated
debts. 1U

moitgage is reserved to take np prior
Jan., 1879, new stock equal to 10 per

cent of the

old was issued to stockholders at par. The bonds
of 1876, for St. Louis Rock Island & Chicago
Railroad, are plain bonds of Chicago
& Quincy, offset by mortgage of like
on St. Louis Rock Island & Chicago road, deposit¬
ed with trustees. (V. 25/p. 138; V. 26, p.

Burlington
amount,

274.)
Southern.—Connection of

548; V. 27, p. 356, 435, 651; V. 23, p. 223,

Chicago
Canada
p. 261.)

-

&

Canada

Interest in default.

Southern.
-

Chicago, Cincinnati & Louisville.—No

537.)

tion furnished.

Chester

final reorganization of
and Chicago Dubuque

Valley.—In hands of trustees and leased
to Philadelphia & Reading.
Coupons due 1860, paid
Central Pacific.—A part of the Southern Pacific May, 1876.
lines is leased.
The annual report for 1877. in¬
Chicago & Alton.—The report for 1878 is given at
cluding the land agent’s report, also gross and net length in Y.28, p. 274, 298, and shows gross earndividends.

whom.

®

Cherry Valley, Shar. & Al.—Transferred to Dela¬
& Hudson Canal Co., April, 1875. Interest
ip 1877, to secure its bonds. The following table unpaid in December, 1875. (V. 20, p. 404.)
shows the receipts, expenses and net earnings, in¬
Chesapeake & Ohio.—Sold in foreclosure April 2.
cluding Lehigh & Susquehanna Division:
1878, for $2,750,000 and reorganized, with bonds
as
Receipts.
Expenses. Net earn’gs.
above, when all are issued, ihe payments on
$8,5h9,631
$4,140,601
$4,449,030 old Virginia Central bonds and coupons, and notes
1875
7,411,637
4,128,727
3,282,910 issued inerefor, were made as per circular, Ch hon1876
6,946,0'0
3,684,000
3,262,000 icle, Y. 21, p. 94. Net earnings 1877-8, $341,621.,
5.753,413
3,263,567
2,484,816 (V. 26, p. 17, 342, 522, 6i5; .V. 27, p. 15, 94; .V. 26,
c5,589,525
2.302.769 p. 41, 172, 502, 525.)
3,283,755
w-(V. 26, p. 40, 66, 95

Where payable, and by

D.
Dec. 19, 1878
Savannah, Ga.
J. New York A Savannah. Jan. 1, 1893
O.
Oct., 1880
Macon, Ga.
J.
New York, Office.
July 15,1899
do
0.
do
April 15,1901
New York, at office.
212
April 10,1876
Q.-J.
1890
7
do
do
F. A A.
M. & N.7
do
do
Nov., 1902
7
do
do
July 1, 1899
Q.-J.
M. A N.
do
7
do
May 1, 1908
1887
7
J. & J.
do
do
Feb. 1, 1899
6 g. M. & N.
London.
7
Q.—M. N. Y.—Cent. RR. of N: J. June 1, 1900
M. & N.
do
do
7
May 1, 1888
7
J. & J.
do
do
M. A N.
7
do
do
May 1, 1903
2
J. & J. Balt., at B. A 0. office.
Jan.31, 1879
3 *
J. & J.
do
do
Jan.31, 1879
M. & S. Balt., West. Natl. Bank.
6
Sept., 1890
1 g- A. & O. N. Y. A San Francisco. Oct., 1878 (?)
N. Y., Fisk A Hatch.
1895 to ’98
6 g. J. & J.
7 g. J. & J. Sacram’o State Treas.
July 1, 1884
N. Y., E. Kelly A Co.
Jan. 1, 1883
7 g. J. & J.
N. Y., Fisk A Hatch.
Oct. 1, 1900
6 g. A. & 0.
6
J. & J.
U. S. Treasury.
1895 to ’98
N. Y„ Fisk A Hatch.
6 g. J. & J.
July 1, 1899
1899
6
U. S. Treasury.
Jan. 1, 1888
N. Y., Fisk A Hatch.
6 g. J. & J.
Jan. 1, 1892
New York A London.
6 g- J. & J.
N. Y., Fisk A Hatch.
J. & J.
8
July 1, 1890
do
do
6 g. A. & O.
Oct. 1, 1890
J. A J. N.Y.,M.K. Jesup,P. A Co. Jan. 1, 1895
7
A A O.
do
do
Jan. 1, 1910
7
A. A O. Philadelphia, Penu R.R. Oct. 1, 1901
7
J. AD. N. Y., Metropolitan Bk. Dec. 15, 1899
7'
6
J. A J.
Richmond.
July 1, 1898
6 g. A. A O.
July 1, 1908
M. A N.
New York,
July 1, 1908
do
J. A J.
July 1, 1918
1880
N. Y., Am. Excli. Bk.
6
J. & J.
1884
do
do
6
J. A J.
1876
do
do
J. A J.
8
1877
do
do
J. & J.
8
Jan. 6, 1879
Boston.
1
J. & J.
do
6
J. & J.
July 1/80 A ’96
M. A N.
7
May, 1872
Philadelphia.
M. & S. N.Y.,M.K.Jesup,P. A Co. Mcli. 4, 1879
3
Mcb. 4,1879
do
do
M. A S.
312
6 g. J. A J. Lond’n.J.S.MorganACo. July 1, 1903
7
J. & J. N.Y.,M.K.Jesup,P. A Co.
Jan., 1893
do
do
A. A O.
7
Jan., 1883
N. Y. U. S. Trust Co.
April, 1879
1%
Q.-J.
J. A J. N.Y.,M.K.Jesup,P.ACo.
8
July, 1882
do
do
A. A 0.
7
April, 1894
do
do
A. A O.
7
April 1,1894
do J. A J.
do
July, 1898
7
do
do
J. & J.
7
July, 1898
F. A A.
do
do
7 •
Aug., 1900
Nov. 1, 1900
do
do
M. A N.
7

2^2

7
7
7 g.
7 g.

1,000,000

1878

73
223
223

Leases several

1,500,000
306,000
2,365,000

1,000
1,000
1,000
1,000
1,000
1,000
....

67i2

Chicago, Cincinnati & Louiscille—1st mort
Chicago Clinton Dubuque d; Minn.—Stock

In April, 1875,

2,153,300
836,400
500,000
10,065,300
2,425,400

1857
1864
1864
1868
1868
1870

70
44
40
270
46

...

& West., and Southwestern.

10,000,000

When

Payable

Bond s—Pnnci -

pal, When Due.

~

Ottawa, Oswego & Fox Riv., 1st m 1
Illinois Grand Trunk, 1st mort.... ( rJiSJL?,61
Quiucy A Warsaw, 1st mortgage
) ie&18lcieu- [
B’ds for St. L. R. I. A C, (sink, fund $50,000) coup.

—

500,000
500,000
300,000
201,000

100 &c.

ioo

28
Chicago A HI. Riv., 1st mort? ($474,000 guar.)...
Bonds for K.C.St.L.A C. line, s.f. $00,000 after’79
162
C. & A. bonds on Miss. Riv. Bridge, 1st mort., gold
1682
Chicago, Burlington & Quincy—Stock
1st mortgage, sinking fund, (trust)
466
Consolidated mortgage coupon, (for $30,000,000)
825
Northern Cross R. R. 2d. mortgage, gold
100
Trust mortgage (Burlington to Peoria)
96
Plain bonds (coupon or registered)
Bonds of 1875, (sinking fund $13,860 per year)..
Dixon Peoria A Hannibal, 1st m... j
40
r.n_.n
(

Income bouds
Joliet A Chicago, 7 per cent, stock
do
do
1st mortgage, sinking fund
St. Louis Jack. & Ch., 1st mortgage
1st mort. guar, by C. &
do
do
do
do
2d mort. guar, by C. &
do
do
2d mortgage
Louisiana A Missouri, 1st mortgage
do
do
2d mortgage
do
do
guar. pref. stock

Ga

500.000

500 Ac.

677
649
1873
1863
1862

Bank.

600,000

1,680,000
11,500,000
1,200,000
3,000,000
5,550,000
2,437,950
411,550
2,500,000
54,275,500
25,883,000
1,500,000
1,483,000
6,080,000
25,885,000
2,616,000
1,970,000
6,000,000
2,000,000

7,764,000
1,810,500

100
500 Ac.

322
220
220
38
38
150
37
37
150
101
101

Central Railroad &

925,000
17,540,000
5,000,000
4,400,000
15.000,000
2,450,000

R.,) coup.

Cheshire—Stock, preferred
Bonds, not mortgage
Chester Valley— 1st mortgage
Chicago <6 Alton—Common stock
Preferred st’ek (7 r>. c. y’rly not cumulative)
General mortgage, sterling, for £900,000
1st mortgage

roads, and guarantees bonds.

3,700,000

1,000
1,000

2d mortgage

1st'mortgage, (Va. Cent. R. R.,) guaranteed by Va.

Rate per
Cent.

117,000

100

3.95
195
23
21

Outstanding

500 Ac.

1865-8
1864

123
152
152
20

Amount

$7,500,000
3,500,000

1,000

742
50
50
146
742
158

1st m.S. Joaq’n Val.Br.,gld (s.f.$50,000,begins ’80)
U. S. Loan, (2d lien on certain terms)
Western Pacific, 1st mort., gold, (s. f. $25,000)...
do
Government lien
Cal. & Oregon, 1st M., gold, guar., (s. f. $100,000)
C. P., mortg. on C. & O. Br. (s. f. $100,000)
San Fran. O. & A., 1st M. (s. f. $100,000 begins ’80)
Land grant mortgage bonds
Charlotte Columbia & Augusta—1st mort. consol...
2d Mortgage
Chartiers—1st mortgage

$100
1,000

100 Ac.

....

Adjustment mortgage
Central Ohio—Common stock
Preferred stock
1st mortgage bonds
Central Pacific—Stock
1st mort., gold, (2 sinking funds, $50,000 each)..
California State aid, gold (s. fund, $50,000)

Value.

1869

97

Newark & New York, 1st

or
par

....

1872
1874
1878
1867
1874
1875

INTEREST OR DIVIDENDS.

Size,

G

1872
1870
1869
1871

359
74

Mortgage bonds

Bonds, formerly conv. into U. S. bds

[Vol. XXVIIL

(Y*

\

informa¬

Chicago Clinton DubUque & Minn.—This is the
the Chic. Clin. & Dubuqqe
& Minn, roads. Gross earn¬
ings 1878, $485,000. In Jan, 1879, the $400>OW
bonds were off sred to stockholders at par. (V. * »
n.

331: V. 23.

d.

63. 301.)

Mat

RAILROAD STOCKS AND

31, 1879.]

Subscribers will confer a

3

on

of tables.

first page

2d mortgage income.
Chicago £ Ioxca—1st mort., coup., may
Chicago, loica £ Nebraska— Stock
2d mortgage (now 1st)

(Iowa & Dakota)
&Dak. Exten. ($15,000 p.

£(conv.)

"

....

**

....

Q ®

1,616

Oshkosh...
Appleton exten., 1st mort. on 23 miles and land.
Green Bay exten., 1st mort. on 26 miles and land
1st mort., Galena & Chicago Un. RR. extended...
Mississippi River Bridge b’ds, lien on net earnings
1st mort. (Peninsular RR.) on roads and lands...
1st mortgage (Beloit & Madison Railroad)
Consol, sink’g f’d M., (all above convert, into this)
Madison extension, 1st mort., sinking fund, gold.
Chicago & Milwaukee, 1st mortgage, 2d lien
general, 3d mort., Chic, to

Menominee River, 1st mort., guar
Menominee extension, 1st mortgage,

South. A Missouri North. RR. stock
Chic. St. Louis £ N. O.—1st M. (N. O. J. & G.
Iowa

2d mortgage, (N. O. J.
Funded coupon bonds
1st mortgage, (Miss.
2d mortgage,

& G. N.)

N.)

$3,000,000), sink, fund 1 p. c..
(Junction) RR., 1st mort., guar...
Cincinnati, Lafayette £ Chicago—1st mort., goid
Yalley— 1st mortgage

Richmond'■ £ Chic— 1st mort., guar. C. II. &D.
2d mortgage, guar, and owned by C. II. & D
Cin. Richmond £ Ft. lVr.—1st mort., gold, guar
Cin.,

Illinois.—Chic. Danv.& Vine, sold
in foreclosure, and re-organized. On income bonds
interest is to be paid as earned, not over 7 per year
(V. 26,p 264. 315, 419; V. 27, p. 435, 486, 513; V.
East.

.

327.)
Chicago A Zb wet.—Sold Mar. 9,

28, p. 113,

1878, in foreclosure
of 2d mortgage of $1,150,600, and a re-sa!e ordered.
Compromise effected. (V. 25, p. 138, 3 07; V. 26,
p. 166, 264; V. 27, p. 40, 251, 513.)
Chicago, Iowa A Nebraska.—Leased. in perpetuity
to Chic. & Northw., at 3~% per ct. of gross receipts.

consolidation
Huron & Lake
the sectional
408, 4S7< 652;

Chic. A Lake Huron.—'This was a
of the Peninsul u* Railroad and Port
Mich To be sold in foreclosure under
mortgages.
(V. 26, p. 116; V. 27, i>.
V. 28, p. 17, 120, 223, 302.)

sale made
bondhold¬
for old bonds, except the above

Stock i-sued
(V. 26, p. 495, 599;

V. 27, p. 227, 538.)
Chicago Milwaukee A St Paul.—Net earning3 in
1878, $3,659,454; 18:?, $3,574,460; 1876, $3,100,847;
1875, $3,085,389. The earnings were reduced in 1874
and 1875 by the lower freight rates imposed by the
Wisconsin railroad law. Annual report for 1878, V.
28, p. 39*. The following is a comparison for throe
years of operations, and financial condition at the

'.

issue.

I

1878.

1877.

1,512
1,412
Stock....$27,683,744 $27,683,744
Funded debt..
32,O^,500 29,954,500
Earnings/...
8,451^767 8,114,894
Miles

1,000
.

1871
1872
1870-1
1871-1
1871
1870
1872

.

.

.

500 &c.
500 &c.

1,000
1,000
100 &c.

1,000
500 &c.

owned..

1876.

1,399

$27,673,744
30.010,500
8,054,171

4,953,321
3,100,847

6
7
8
5
7
7
7 g.
7 g.

211,500

3,600,000
1,000,000
6,500,000

600,000
3,810,000
190,000
591,000
1,000,000
3,674,000
1,315,000
234,000

4,000,000
172,000
2,500,000
3,500,000
14,988,807
21,525,602
1,214,100
708,600

1.000

1,000
100

....

1,000
l,000&c

1875
1877
1869

100 &c.

1,000
1,000

1856
1860

185
185
567
567
180
180
60
60
60
60
98
56
56
148
36
36
90

500 &c.
100 &c.

1854
1865
1877
1877
1878
1878

1,000
1,000
500 &c.
500 &c.
100

1853
1865
1875
1873
1871

1874
1870
1866
1869
1871

1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000

1,000

8.

$4,040,2>4;

3,477,800
116,000
235,000

1,660,000
158,000
272,000
249,000

4,807,500
3,150,000
1,700,000
400.000

2,700,000
12,343,000
2,750,000
1,650,000
4,375,000
1,350,000
3,500,000
150,000

2,961,000
700,000
300.000

20,979,800
916,000
9,000,000
5,000,000
5,000,000

2,941,000
1,500,000
500,000
373,500
1,997,000

3,057,000
7,253,000
2,800,000
2,018,000
3,500,000
1,246,000
494,000

1,500,000
1,846,000
1,120,000
471,000

g.

560,000
65,000

7g.

1,800,000

$2,425,794;

surplus $1,614,410, against $1,379,533 same time
1877. The fiscal year ends with May.
The net
surplus for 1877-8 on the Chicago & Northwestern

proper,

after paying interest, was

$3,147,265, and on
$2,-

whole system,"including proprietary roads,
464,487.
The net deficit on proprietary roads
the

acres

was

Lands of the company were 2,243,183
Operations of the C. & N. W. proper,

$682,688.

unsold.

for four years,

compare as

1877-73

follows:

earnings.

Expenses
and taxes

$13,583,847

$6,756,126

Net

earnings.

$6,827,720

5,329,819
6,517,680
5,364,8*3
7,408,957
4,723,031
7,984,694
quarterly dividends on
preferred stock were begun.
Dividends since
1876-77...
11,877,501
1875-76
12.773,711
1874-75 ....
12,707,126
In February,
18r9, the
.

1870 have been paid as follows: December, 1878,
3yt on preferred, 2 on common stock; June,
3% on pref., 3 on com.; Dec., 1877, 3,4 on
Dec., 1876,2(4 on pref.; July, 1873, 3% on
Dec.. 1872, 3% on both; June, 1872, 3% on pref.;

Dec.,

25; p.

1878,
pref.;
pref.;
1871, 3)4 on pref.; June, 1871, 5 on both. (V.
160,444, 532; V. 26, p. 469. 574; V. 27, p. 140,

170, 372, 426, 603, 628.)
Chicago & Paducah.—Gross earnings
370; net, $58,294. (V. 23, p. 427.)

1876-7, $271,-

June,
199.)
reserved to
Chicago Rock Island A Pacific.—In 1878-9 gross re¬
take-up old debt. Dividends have been paid since
ceipts were $9,409,833; net receipts, $4,329,9(0; net
on pref. stock in 187 9 8# c*sh, in 1878 10^
ncomeover interest, &c., $3,196,380.
Owns stock
lash, in 1877 3(4 cash, in 1876 44 per cent in bonds of la. So. & Mo. North., and pays 2 per cent quar
nd 3(4 per cent in cash, in 1874 7 in bonds, 1873 7

Op. expenses.
Net earnings.
Of consol, bonds




4,792,3:3

4,540,433

3,659,454 3,574,460
of 1875 enough are

New York. 4th Nat. Bk
do
do
New York and Boston
Boston, by Treasurer.

.

Boston, Merchants’ B’k
New York, Park Bank
New York.
do

Dividend.

June, 1907
Dec., 1907
July 1, 1901
Jan. 1, 187P
July 1, 188)8

Aug.

15,1892

May, 1889

May 1,

.

7
7
7

1,500,000

interest, rentals, &c.,

•

Stocks—Last

1900

&
&
&
&
&
&
&
&
&
&

M.
J.
A.
J.
J.
A.
J.
J.
J.
J.

cash, 1872 7, 1371 7, 1870 7 and 3 scrip; on common
stock in 1871 7 scrip, 1870 3 cash and 7 scrip. De¬
fault was made on West. Union RR. bonds Feb. i,
1S79, and foreclosure suit begun; see V. 28, p. 143.
(V. 27, p. 172, 251, 322, 382, 46i; V. 28. p. 97, 120, 143,
301, 378, 3 9 8 , 428, 45), 502, 503.)
Chicago A Northwest.—For six months, ending
December 1, 1678, gross earnings were $7,932,838 ;
net

Whom. 5

•

100,000
1,000

1873
1871
1871

& D
Dec.
J. & J
J. & J
J. & J
F. & A
M. & N
M. & N
J.

pal, When Due.

Payable, and bjj

Pept. I 889
S
Jan., 1871
J.
New York, Office.
do
April 15, 1879
do
O
3*2
do
July 1, 1905
J
do
7
1893
do
do
J.
7
1884
do
O.
do
7
1897
do
J.
do
7
1894
do
do
J.
7
1899
do
do
J.
7
do
July 1, 1908
do
J.
7
1898
F. & A.
New York, Office.
8
1898
do
F. & A.
do
7-3
1891
do
J. & J.
do
7
Jan., 1902
7 g. J. & J. London and New York.
1902
J. & J.
New York, Office.
7
1903
do
do
J. & J.
7
Feb., 189fc
F. & A. N.Y., Mil. & St.Paul RR.
7
J. & D. New York. Co.’s Office. Dec. 28, 1878
2
Mar. 24,1879
do
do
1*3
Q.-M.
do
Aug. 1, 1885
do
F. & A.
7
Nov. 1, 1883
do
do
M. & N.
7
do
Aug. 1, 1885
do
F. & A.
7
do
Aug. 1, 1885
do
F. & A.
7
do
Aug. 1, 1885
F. & A.
do
7
Feb. 1, 1882
do
F. & A.
do
7
Jan. 1, 1884
do
do
J. & J.
7
do
Sept. 1, 1898
M. & S.
do
7
Jan., 1888
do
do
J. & J.
7
Feb. 1, 1915
do
do
7
Q.—F.
do
April 1,1911
do
7 g. A. & 0.
do
July 1, 1898
do
J. & J.
7
do
July 1, 1906
do
J. & J.
7
June 1, 1911
do
do
7 g. J. & D.
Dec. 1, 1902
do
do
7 g. J. & D.
Jan. 1, 1887
do
do
J. & J.
7
Nov. 1, 1907
do
do
M. & N.
7
Dec. 1, 1916
do
do
7 g. J. & D.
Oct, 1, 1900
do
do
A. & O.
8
June 1, 1917
do
do
7 g. M. & S.
7
7
7
July 1, 19Q3
J. & J.
7
F. & A. N. Y., Farm. L. & T. Co. Aug. 1, 1903
8
v
1891
A. & O.
8
2
Q.-F. New York, Co.’s Office. May 1, 1879
Aug. 1, 1895
do
do
F. & A.
6
do
July 1, 1917
do
J. & J.
6
Nov., 1890
do
do
M. & N.
7
do
May 1, 1879
do
2
Q.-F.
July 1, 1886
J. & J. New York, Co.’s Office.
8
Oct. 1, 1890
do
do
A. & O.
8
Aug. 1, 1885
do
do
F. & A.
do
/Nov., 1880&’84
do
M. & N.
7
Nov. 1, 1886
do
do
F. & A.
8
Nov. 1, 1897
do
do
M. & N.
7
Dec. 1, 1907
do
do
I. & D.
6
May 1, 1918
M. & N.
New York, at Office.
6 g.
May, 1898
do
do
VI. & N.
6 g.
April, 1873
a. & o.: ST. Y., Winslow, L. & Co.
4
May 1, 1880
do
do
VI. & N.
7
July 20, 1885
do
do
I. & J.
7
Oct., 1905
do
4
do
A. & 0.
7
Jan., 1903
do
do
I. & J.
7
Mch. 1901
vi. & s.; S\Y., J.S.Kennedy & Co.
7 g.
Nov. 1, 1914
do
do
r. & j.
7

8
7

477,000

15,404,261
12,279,483
7,304,000
6,600,000

Where

Payabl e

Cent.

200^00

Gross

Chic. A Mich. Lake Shore.—Foreclosure
16, 1878, and road purchased for

.

500 &c.

_

ConsoL mort. (for

close of year:

1,000
1,000
1,000
1,000
1,000

....

Cin. Ham. & I,

ers.

100
100
100 &c.
100 &c.
100 &c.
500 &c.
500 &c.

...

St.Paul £ Minneapolis—1st mort., g.,coup.*
Land grant mort., iucome, coup. (2d on road)
Cincinnati, Hamilton £ Dayton—Stock
1st mortgage of 1853
1865
2d
ao

Nov.

1,000
1,000
1,000

....

206
224

Chicago

Chicago A

....

«...

O. 1st mort. (for $13,000,000)
2d mort. (for $8,000,000)..

Consolidated mortgage
Cincinnati £ Muskingum

1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000

1876

....

($500,000 disputed)

do

100
100

1863
1863
1865
1871

636
271

Central)

Chic. St. Louis & N.
do
do

1,000

....

1,043

(sinking fund $40,000 per yr.)
1st mortgage (for $12,500,000) coup, or reg
Chic.& Southw., IstM.g. (g’d in cur. by C.R.I.&P.)

1869

1853

3.56
70
64

Branch bonds

1,000

1862

mort., gold, coup, or reg. ($48,000,000) 1,058
137
Winona & St. Peter, 1st mort., guar by Cliic.&NW
137
do
2d mort.,
do
do
175
do
1st M. exten, gld, land gr., s. f.
75
Iowa Midland, 1st mort., guar, by Chic. & N. W..
62
Northwestern Union, 1st mortgage, gold
Minnesota Valley, 1st mortgage
Rochester & No. Minnesota, 1st mortgage

mortgage
2d mortgage.
Chicago, Rock Island £ Pacific—Stock

1870

....

74
46
779
126
85
25
120

Chicago £ Paducah—1st mortgage
Chicago, Pekin £ Southwestern— 1st

....

1859
1862
1859

....

Railroad, 1st mortgage

1,750,000
3,916,200
568,200

100
100 &c
500 &c

....

Gen. cons

Plain View

1,000

....

23
26
248

gold..

750,000

1873
1866

Chicago d) Northwestern—Common stock
1,616
Preferred st’ck (7 p. c. y’rly, not cumulative)
193
Bonds, pref. (sink’g fund), 1st mort., Chic, to Osh
193
Interest bonds, funded coup., 2d in., Chic, to Osh
193
1st mort.,

$3,000,000

100 &c

1872
1872

130
75
85
197

O

$1,000

....

100
235
235

a

1877
1877
1871

When

Rate pe r

,

Value.

1875
1863
1864
1867
1864
1869
1878
1868
1868
1861

370
370
220
49

j Outstanding
Amount
f

Bond*

1860
1863
1869

....

CJ a

oi
Par

discovered In tliese Bonds—Princi¬
Tables.

INTEREST OR DIVIDENDS.

.1

Size,

....

1,729
1,729

3 cs

Western Union, 1st mortgage

.

137
137
80
82
82
82
166
66

m.)

Mil. line

mortgage, Chicago tfc

of

-t-3

2d mortgage (Prairie du Chien)
Milwaukee & Western
St. P. & Chic. 1st M. (Riv. Div.) $ &
1st mortgage, Hastings & Dakota
1st

Date

Of
Road

s', f

Chicago, Milwaukee £ St. Paul—Com. stock
Preferred st’ck (7 p. c. y’rly, not cumulative)..
Consolidated mortgage (for $35,000,000)
1st mortgage (Lacrosse Div.)
2d mortgage
1st mortgage (Iowa & Minnesota)
1st mortgage (Minnesota Central)

(Prairie du Chien)

Milef i

be reg

3d
do
(now 2d)
Chic. £ L. Huron—Peninsular, 1st M.,gold,
Port Huron & L Mich., 1st mortgage
Chic. £ Mich. L. Shore—Stock, new
1st mortgage, New Buff, to St. Jo

1st mortgage
1st mort., Ia.
1st mortgage

giving Immediate notice of any error

great favor by

DESCRIPTION.

xvii

BONDS

Chic. Pek. &Southw1'n.— Receiver appointed
1877. (V. 25, p. 16, 618; V. 28, p. 41. 63,

r.
r.
r.
r.
.

&
&
&
&

j.; Sew York, Moran Bros.
j. : S'. Y., Winslow, L. & Co.
do
do
j.
d. i V. Y., Winslow, L. & Co.

terly to Rock Island

Jan., 1901
July 1895
Jan. 1, 1889

june, 1921

stockholders, making their

quarterly dividend actually 24 per cent. Controls
Peoria & Rock Island road. Keokuk & Des Moines
PR. was leased Oct., 1878. (V. 26, p. 574, £99, 623,
653; V. 27, p. 514, 677; V. 28, p. 502.)
Chic. St. L. A N.
is controlled

O.—The stock of this company

by the Ill.

Central. The present or¬

ganization was formed by a consolidation after
foreclosure of the Jackson and Miss. Central roads
in 1877. Gross earnings. 1378, $2,81'.*,019: n^t earn¬
ings, $818,733. Of 1st mort. $1,199,000 are a prior
lien in Tenn. (V. 28, p. 277, 502.)
1Chicago St.

Paul A Minneapolis.—This is the
RR. reorganized.
Pref. stock

West Wisconsin

$1 000,000, common $4 000,000. The 1st mortgage
2d tin the lands; the land mort a 2d on road,
but no foreclosure can be had except on default on
1st mort. The lands mortgaged are about 5C0,000
acres.
(V. 26, p. 436; V. 27, p. 332; V. 28, p. 502.>*

is a

Cine. Ham. A Dayton.—Net income in 1877-8
$82,784 after payment of interest. Defaulted on

Rep( rt of bondhold¬
(V. 26. p. 117, 599,
68, 302, 525.)
Cincinnati, Lafayette A Chicago.—Gross earnings
in 1876-7, $328,172, net, $116,159. (V. 20, p. 568.)
C. H. & I. guarantee
ers’ conference, V.

in 1877.

213, p. 68.
624; V. 27, p. 356; V. 28, p.

Cincinnati & Muskingum

Valley.-Is leased for 99

from 1873 to Pittsb., Cin. & St. Louis for net
earn’gs, but bonded interest is guaranteed. Net earn¬
ings, 1878, $22,310—loss to lessee, $82,639. (V. 22, p.

years

519,614.)

'

Cincinnati, Richmond A Chicago.—Leased to
Ham. & Dayton, which owns most of the stock.

profit to lessee,

above interest, 1877-73,

Cin.,
Net

$22,944. (V.
7

26, p. 624.)
; i
Cincinnati, Richmond A Fort Wayne.—Leased to
Grand Rapids for 99 years. -Interest guaranteed by
Gr. Bad., Cin.
Co. (V. 22, p.

Ham. & Dayton, and by Pennsylvania
532; V. 24, p. 563; V. 27, p. 172.)

KAILKOAD STOCKS AND BONDS.

ZVlll

Subscribers %vill confer

a

great favor by giving immediate notice of any error discovered In these Tables.

DESCRIPTION.

|

Miles Date
For explanation of column
of
of
headings, &c., see notes
on first
Road. Bonds
page of tables.

j

Cincinnati, Sandusky A Cleveland—Stock
Preferred stock

Mortgage bonds, Sandusky, Dayton & Cincinnati
(In

188
138
1866
1852
1867
1871
1872
1871

....

Hn ruin sirv pit,v Ar Tnd

2d

mortg. Cine., Sandusky & Cleve

Cincinnati A Springfield—1st mortgage,
2d

80
48
114
471
138
202
390
390
80
67
67
35
145

guar

mortgage

Cin., Wab. A Mich—1st mortgage
Cleveland, Columbus, Cincinnati A Ind.—Stock..
1st mortgage (C., C. & C. RR.)
$25,000 a year

..

do
(Bel. & Ind.) excli. for new mort...
do
C., C., C. & I. sinking fund
Consol. M. for $7,500,000 (sink, fund 1 per
ct.)
Cleveland A Mahoning Valley—Stock
1st mortgage, extended
New bonds
Niles & New Lisbon, 1st mortgage
Cleveland, Ml. Vernon A Del— 1st mortgage, gold
1st mortgage, Columbus Extension
Income mortgage
Cleveland A Pittsburgh—Guaranteed stock
4th mortgage (now 1st)
Consolidated sinking fund mort. for $5,000,000..
Construction and equipment bonds
Cleveland, Tuscarawas Valley A Wheeling—1st m...
..

.

1862
1867
1873

199
....

ioi

...

18
78
89
76
13
89

1st mortgage, sinking fund bonds
1st mortgage, Logan & Straitsville Branch
2d mortgage bonds

Columbus, Chicago A Indiana Central—Stock.

1868
1870
1867
1870

1872

588
588

1st M. (consol.fColumbus, Chic. & Ind. Central..
do
Chic. & G’t East. (Chic, to Logansport)
do
Col. & Ind’polis Cent. (Col. to Ind’s & hr.).
do
Union & Logansp’t (U’n City to
Logansp’t)
do
Tol. Logansp’t <fc Burl. (Logansp. to Ill
line)
do
Col. & Ind. 1st & 2d pref.(Col. to U’n
City)
do
Cinn. & Chic. Air Line(Richm’d to Logans.)
2d M. Col. & Ind’polis Cent. (Col.to Union
City)..
do
Indiana Central (Indianapolis to Ohio line)
do
Chic. <fc G’t East, construe. (Chic, to Rich’d)
do
Columbus, Chicago & Ind. Central
Income conv. do
tlo
do

1863

117

208
93

mortgage

1857

1871
1875

110

1873
1871

coupon

guar, same div. as Conn. & Pass.
bonds, guar, by Conn. & Pass
Connecticut Central—1st mortgage for $400,000...

38
38

do

....

Connecticut River—Stock
Connecticut Valley—1st mortgage

56
44
7
38
38
110
52
52

Connecting (Phila.)—1st mortgage

Cumberland

A Pennsylvania—1st
mortgage
mortgage, sinking fund, (guaranteed)
Cumberland Valley—Stock ($4$4,900 preferred)
1st mortgage
2d mortgage, sinking fund guaranteed

2d

Common bonds
Dakota Southern—1st
mortgage, coup., s. fund
Danbury A Norwalk—Stock
1st, 2d and 3d mortgages
Danville, TJrbgna, BTton A Pekin—1st M., gold

Cincinnati A

33
33
117
160
142
142
142
142
142

$353,940) 1st and 2d mortgage
guar. L. M. & C. & X

Springfield.—Leased

m

perpetuky
to Clev. Col. C. & I., with guarantee of interest:
on half of 1st mortgage
bonds interest is guaranteed
by Lake Sh. & M. S. (V. 23, p. 232 )
Cincinnati, W"bash A Michigan.— Some bonds
held by L. Sh. & Mich. So’n. but no indorsement
by
that company. Went into trustees’ hands Jan
1878
(V. 26, p. 40, 166. 192, 367.)
Cleveland, Columbus, Cincinnati & Indianap.—
Annual report in V. 28, p. 301. Net
earnings 1878,
$7( 7.660, against $488,778 in 1877. and $702,917 in
>876. (V. 26, p. 287; V. 28. p. 301.)
Cleveland A Mahoning Val'ey.—ls leased to At¬
lantic A Great Western. (V. 20, p. 85, 139; V. 23,
p. 232, 403.)
Cleveland, Mount Vernon A Delaware.—Defaulted
July, 1874, and coupons due then and one-half of
coupons from Jan. 1, 1875, to and including July 1,
1877, were postponed to Jan. 1,1885. and the remain¬
ing half to be p«id, but this failed Jnly, 1877, and
negotiations are pending.
Gross earnings 1878,
$882,6y8; expenses, $317,727; net, $64,971. Interest
charge, $126,995. (V. 28, p. 400.)
,

Cleveland A Pittsburgh.- -Leased to Pennsylvania
Railroad at 7 per cent on stock, besides expenses
and interest, and transferred to Pennsylvania Ccfr
Net earDiLtrs 1878, $1,168,580, deficit to
lessee,
$148,112; in 1877 a deficit of $207,111. (V. 26, p. 67,
*87 ; V. 28, p. 41, 300.)
Cleveland, Tuscarawas Valley A Wheeling.—This
road was sold under a 2d mortgage, Jan. 27,1875, and
*

re-organized. Gross earnings, 1877, $491,463; net,
*181,523. (V. 26, p. 289.)
OoUbroohiale.—Leased to Philadelphia & Read¬
ing. No dividends paid on stock.




$50

$4,005,750

10s.

50

429,037
750,000
350 000
'

1,100,300
2,000,000
651,000
1,824,000
14,991,800

1,000
1,000

1,000
100
500
1.000

150,000

420,000
3,000,000

1,000
1,000

2,539,000

50
500 <fcc.
500 <fec.
500 &c

100 &c.

1,000
50
500 &c.

1,000
1,000

7 g7
7
7 g.
7 g.
7

669,000

11,244,036

1,000
1,000
1,000

3^

500,000
1,350,000
950,000

500 &c.
50

1,000

3
6
rj
7
7
7
7 g.
3
7
7
7
7 or 6 g.

2,759,200
630,000

1,000
1,000

*

1H
6
7
7
7
6

1,104,844
2,651.000
1,298,000
2,180,000
600,000
1,272,000
2,030,150
1,500,000
300,000
700,000

100

13,938,972

1,000

10,428.000
451,000
2,632,000
775,000
531,000
309,500
217,750

500 &c.

41

1,000
1,000
50
100
100
100 &c.
100 &c.
100

1869
1875

1,000

1871

1,000

■

1866
1868
....

ioo

1,00*0
1,000
50

500 &c.
500 &c.
100 &c.

6112

Davenport A Northwestern—1st mortgage, gold.
Dayton A Michigan—Com. stock (3*2 guar. C.H.&D.j
Preferred stock, (8 percent, guar. 0. H. &D.)
1st mortgage, sinking fund, $30,000 per j'ear....

145.)

Rate per
Cent.

50

146

MasBawippi st’k,

28, p.

Outstanding

par
Value.

1,000

141
41

Concord A Portsmouth—Stock, guaranteed
Connecticut A Passumpsic—Stock
New mortgage (for $1,500,000)

coupons on 2d mort. boLds funded, from June,
1877. Thepref. >tcck has a lien by
deposit of old
bonds in t ust. (V 25, p. 380, 407,
430, 5 1 0, 531;
V. 26, p.116, 141; V. 27, p. 303,382, 461; V.

Amount

8
4
7

7
7

666,500
341,400
3,692,000

1874
’60-’72
1869
1876

1,000
50
100 &c.

1,000
50
50

1871
1856
1,000
1867
1,000
1869
1,000
61&64 500 &c.
1865
1,000

74,024
1,000,000
2,416,000
1,786,200
302,000
1,500,000
350,000
2,175,500
1,272,000
123,000
400,000
400,000
262,500
2,100,000
1,000,000
996,000
803,500
594,000
1,777,850
161,000
109,500
81,800
558,000
600,000
500,000
2,000,000
1,710,000
2,395,350
1,286,100
1,870,000
426,000
356,000
105,500
614,000

3b2
112
7
7

lig
6 g.
7
4
7
6

6
6

1*2
7
7 g.
5 g.

1%
2
7
7
7
7
6 & 7

Penn. Railroad.

The amended lease guaranteed
$15,821,000 of first and second bonds.
Aug.. ’74, default was made on the $5,000,000 seconds.
April 1, 1875, defaulted on 1st mort. The guarantee
of interest was absolute, but the
Pennsylvania Rail¬
road claims that the C. C. .t I. C. Co. did not fulfil
on

such failure

guaranty could

prejudice their rights. The case between lessor
(not as to bondholders) was decided
May, 1879.
See Chronicle. May 3, p. 4 3, 503.
In 1878 net earnings were $411,514,
against $455,340
in 1877. (V. 26, p. 166, 389, 522,
574; V. 27, p. 172,
199; V. 28, p. 43, 145, 172, 377, 453, 503.)
Columbus A To7e fo.—Gross earnings, in
1878,
$517,871; net, $222,258. (V. 26, p. 390; V. 28, p.
399.)
and lessee

Columbus A Xenia.—This road is leased to the Littl * Miami Co., and both roads for 99
years to Pitts¬

burg Cinn. & St. Louis Co.; the lease
by Pennsylvania Railroad, and the
on

stock and interest

Concord.—Net receipts

on

bonds.

is guaranteed

terms

are

Boston, Office.

1872

& D.
Phila., Co.’s Office.
& D. Boston, Treas.’s Office.
& A.
Columbus, Office.
& O. N. Y., St. Nick. Nat. B’k
& J.
do
do
& J.
do
do

A. & O.
Various
J. & J.
A. A O.
F. & A.
J. & J.
Various
M. & N.
J. & J.
J. & J.
F. & A.
F. & A.
F. & A.
M. <fc S.
F. & A.

N. Y., A. Iselin & Co.
N. Y.t Union Trust Co.
New York.

Q.-M.

Columbus Treasurv.

M.
M.
J.
F.
A.

&
&
<fc
&
&
&
&
&
&
&
&
&
&

8 per

in 1877-8, $340,453. (V.
26, p. 521; V. 28, p. 525.)
Concord A Portsmouth.—Leased to Concord RR.
at $25,000 per year.
Connecticut d Passumpsic.—Annual report to
June, >878. showed net earnings for year $222,590,
against $244,340 in 1876-7. Tne new
mortgage of
$1,500 000 will retire previous issues. (V. 23, p. 301,
547; V. 25 p.211,431; V. 26, p. 367.)
Connecticut Central. Net earnings, 1876-7,
$12,390.
(V. 22, p. 209.)

1898
1890
1879
1897

July 1, 1880
Jan. 1, 1892
1893 & ’95

Nov.,
Dec.,
Feb.,
Dec.,

N. Y., A. Iselin & Co.
do
do
do
do
do
do
do
do
do
do
do
do

Various
F.
J.
A.
J.
J.
M.
M.
M.

June 1,
June 1,
Feb. 10,
Oct. 1,

April, 1908

S. N. Y., Am. Excli. N. B’k
N. Boston, Tower, G. & Co.
J.
Boston.
A.
Boston Office.
O.
do

do

A.
do
J.
do
O.
J. Boston, Bost.& Alb.RR.
J. N. Y., Am. Excli. N. Bk.
S.
Philadelphia.
S. New York, Co.’s Office.
N.
do
do

Phila. and

1886 to '90

Feb., 1890
Sept. 1, 1901
Aug. 1, 1905
June 10,1879
Sept. 1,1890
May 1. 1879
Jan. 1, 1879
Feb. 1, 1879
April 1, 1893
•Ian. 1, 1881

*£b.

..........

1. 1879

July 1, 1889
Oct., 1895
July 1, 1879
Jan. 1, 1901
1900-’l-’2-’3-’4
March 1, 1891

Carlisle, Pa.

do
do
New York.
Q.-M. New York and Danbury
J. & J. New York, 84 Broadw’y
A. & O. N. Y., Farm. 1+ &
T. Co.
J. & D.
A. & O. Cincinnati. C. H.&D.Co.
Q.-J. N. Y., Winslow, 1,. & Co.
J. & J.
do
do
M. & S.
do
do
A. & O.
do
do
M. & S.
do
do
J. & J. N. Y., Am. Excli. N. B’k

1904
1905
1884
1883

Nov., 1904
Jan., 1882

May
April
& O. Phila., T. A. Biddle & Co April
& O.
do
do
April

A.
A.
A. & O.
F. & A.

Coumbus, Chicago A Indiana Central.—On Jan.
22, 1869, it was leased (amended Feb. 1. 1870,) by
the Pittsburgh Cin. & St. Louis,
guaranteed by

cent

Stocks—Last
Dividend.

.

8
8
6
7 g.

399.)

no

W’liom.

Payable and by

& N.
do
do
May 1, 1879
& A.
do
do
Aug. 1, 1900
& S
Sept. 1, 1897
& D. N. V., Union Trust. Co
Dec. 1, 1390
A. & O.
N. Y., U. S. Trust Co.
April 1. 1901
J. <fc J.
do
do
1902
J. & J.
W’abash, Indiana
July 1, 1891
F. A A.
N. Y., U. S. Trust Co.
Feb. 1, 1876
J. & D.
do
do
June, ’75 to ’84
J. & J.
do
do
Until 1899
M. & N.
do
do
May, 1899
J. & D. New York or London.
June 1,1914
M. & N.
Cleveland, Office.
(1)
F. & A.
N. Y., Ward, C. & Co.
Aug. 1, 1893
M. & S.
Sept., 1906
J. & J. N. Y., Union Trust Co.
Jan., 1890
J. & J. N. Y., Winslow. L. & Co. Jan. 1, 1900
do
do
Jan. 1, 1901
M. & S.
do
do
Jan. 1, 1905
Q.-M. N. Y., Farm. L. & T. Co. June 1, 1879
J. & J.
do
do
Jan., 1892
M. & N.
do
do
Nov. 1, 1900
J. & J.
do
do
Jan. 1, 1913

Q.-J.

Columbus A Hocking Valley.—Gross
earnings,
1878. I871J53; net, $3)1,197. against $386,834in 1876.
tV. 24. p. 395; V. 25, p. 90; V.
26, p. 390; V. 28,

all its part. Bondholders claim that
after bonds had been sold with the

IV here

M.
F.
M
J.

2*2

626; V. 2<, p. 269.)

interest

When

pal, When Due.

Cleveland, Ohio.

Colorado Central.—Buiit mainly by Union Pacific,
which holds the bonds, $5,270,593 in all. (V. 26,
p.

p.

Bonds—Princi¬

OR DIVIDENDS.

Pay’bit*

J.
g. J.
F.
' A.
J.
J.

7
7
7
7
7
7
7
7
10
7
7
7
7
7
7
2
7
5

3,847,000

Concord—Stock

Cincinnati, Sandusky A Cleveland.—In the year
ending June 30, U7H, gross earnings were $'14,323;
expenses, $534,917; net earnings, $119,906.
Six

INTEREST

or

82i;000

45
118
55
55

Columbus A Xenia—Stock

Dayton A Western—1st M.,

Size

1864
1865

61
102
107
102
72
224
587

Income (Toledo, Logansport & Burlington)
Columbus, Springfield A Cincinnati—1st mort
Columbus A Toledo—1st mortgage, coupon, s. f

2d mortgage
3d mortgage
Toledo depot (cost

.

1873
1876
1870
1870
1871
1875

225
199

Colebrookdale—1st mortgage

Notes,

I860
1864
1869
1874

....

Colorado Central—1st mortgage, convertible
Columbus A Hocking Valley—Stock

1st

[VOL. XXVIII.

1, 1888
1, 1879
1, 1904
1, 1908
1, 1884

Jan.
Feb. 1. 1894

(?)
1880, '90.’92
April, 1909
Dec. 1, 1906
April, 1879
April, 1879

July, 1881

Sept., 1887
Oct., 1888
Mar.,’81 & ’94
Jan. 1, 1905

Connecticut River.— Net income 1377-8. $205,686,
against $201,931 in 1876-7. (V. 23, p. 500; V. 26, p.
94; V. 27, p. 537.)
Connecticut. \ alley. - In default and lately in pos¬

session of State Treasurer
ers.
Net earnings, 1876-7,

as

trurtee

$59,019.

for bondhold¬

(V. 25, p. 6lCi

V. 26, p. 18,40; V. 28, p. 41.)
Connecting.—Leased to Philadelphia & Trenton,
and operated by Pennsylvania; terms, 6 per cent tQ
$1 ,278,300 stock, and interest on the bonds.
Cumberland A Pennsylvania.— Owned and oper¬
ated by Consolidation Coal Co., which guarantees
2d

mortgage.

Stock $1,500,000.

(V. 22, p.

415;)

Cumberland Valley.—The stock is owned in large
part by Pennsylvania Railroad Co. Net earnings,
1878, $214,514. Large advances have been made to
branch roads. (V. 24, p. 135; V. 26, d.
493; V.

28, p. 4*7.)

Dakota Southern—The earnings of the road

are

renorred at $219,2^4 in 1878, and net earnings
$106,357. Second mortg. bonds for $600,000 were can¬
celled and pref. stock issued. S fund is 4 p. c. in
1379 and 5 per cent afterwards. (V. 25, p. 609; V. 26,
p. 334; V. 23, p. 120.)

Danbury A Norwalk.--Gross earnings, 1876-77,
$165,215; expenses,
$114,969;
net
eamines,
$50,275. (V. 26,p. 141.)
Danville. Urbrna, B
oomington A Pekin. —This is
a part of the Indianapolis
Bloomington & Westera,
now

in defaul t.

Davenvort
1876, after

See I. B. & W.

A Northwestern.—Organized June,
foreclosure.
Gross earnings 1877-8,

$222,627; net, $17,733. (V. 57, p. 566.)
Dayton A Michigan.—Leased in perpetuity to Cin.
Ham. & Dayton, which pays interest on bonds, and
guarantees
dividends on stock, holding itself
$1,398,100 of the common. (V. 21, p. 6*.)
Dayton A Western. - Leased to Little Miami, and
with that to Pittsb. Cin. A St. L. About $90,000 of
old ext. mortg. bonds of 1881, are yet out, which
will be retired shortly.

May

31,

Subscribers will confer a

sre.it favor by

giviiijf I in media is u »H.«e oi any error

-

s

Miles
of

Date
of

Road. Bonds

of tables.

85
13
85

Delaware Railroad—Stock
Extension mortgage

Mortgage bonds, convertible, guar. P. W. & B.
1st mortgage

Delaware, Lackawanna & Western—Stock.

)
.

27
195
115

2S8

Bonds (convertible June 1, 1875 to ’77).
Lackawanna Sc Bloomsb., 1st mort. (exi
do
do
2d mortgage..

^

GO
25
>>o

Denver Pacific—1st mortgage, gold, laud grant..
Denver A Rio Grande—1st molt., gold, sink. fd...

.

Extension mortgage

1st

2d mortgage
3d mortgage
East Broad Top.—1st mortgage,
East Pennsylvania—Stock
1st mortgage.:...

Georgia—Stock..
1st mortgage sinking fund bonds

Fast Tennessee, Virginia <£•
East Tennessee

ana

Virginia (endorsed).

1858
1870

X

-

-

a..

1878
1878
1853
1853
1851
1854
1853
....

1863
1864
1863
1863
1870
1870
1870
1873
,

1858
....

....

500 Sec.

1,000
1,000
....

1,000

1,000
1,000

50
100 Sec.
100

147,000
190,000

m

m

a.

862,400

....

4,997,600

100

.

a

m

m

194,400
227,003
13,165,619

m-

—

81*2
81 ig
81*2

N.Am.—lstM.,Bang’r to Winn.,Bang’rl’u
mort. (2d mort. Bangor to Winn.).
Bangor £c Piscataquis, Bangor loan, 1st mortg...
Evansv. & Terre Haute.—Stock ($100,000 is pref.) ..
1st mortgage, Evansv. & Ill., sink, fund
1st mort., sinking fund (Evansville to Terre H.)..
Land grant 1st

Rockville extension

gold

Fitchburg—Stock

1,000,000

500
50
100 &c.
100 &e

570,000

5

1,998,400
291,700

7

1,000

2,193,000

1852
1854
1860
1870
1873

Marquette—Stock

Consolidated mortgage, sinking fund

year).

lessees.

gmstruction
oily, Waynebonds.
Sc Monroe, 1st mort., sinking fund.
gold, coupon

to

m

m

500,000
500,000
500,000

92,300

745,000
1,000,000

»

1,000
500 <fcc.
100

2,000,000
814,000
•

1,000
1,000
500 &c.

1,000
1,000
100

1874

Bond^ coupons, £ ($4>000,000 authorized) \

2
5

1,000

1869
1869
1869

1,000

ioo

283
283
190
17
13

1872
1868
1868
1867

65
59

1871
1877

1,000
500 Sec.
500 &c.
500

1,000
1,000

1,120,307
281,000
611,000
125,500
775,000

325,000
4,500,000
500,OOo
500,000
3,298,200
3,559,000

2,006,000
375,500

100,000
75,000
41,405

1,000,000
309,000

Detroit Lansing A Noi'th.—The
sold in foreclosure December 14,

2*2
3*2
7

1%
7
7
7
6
6 g.

5 & 7

2*2
7
7
7
7 g7 g4
7
6

”8’
8
10
10
10
8 •
8
7 g.

old road was
1876, and new

company organized by bondholders, who issued
1878, $1,874,600 common rtock and $2,504,000 pref. stock.
earnin28 1878, $970,033; net. earning*,$372,19*,
and deficiency charged Gross
$282,946 in 1877. Dividend of $6 per shire
Was $22,Or 3; the total deficiency was $259,155.
(V. against
paid on preferred stock February, 1879. (V. 26, p.
26, p. » 4 I ; V. 26, p. 19.)
Delaware & Bound Brook.—Leased to Phila. & *88; V. 28, p. 326.)
Detroit Grand Haven A Milwaukee.—This company
Reading Tor 990 y< ars, lessee paying int. and 6 per is the
reorganization of the Detroit & Milwaukee,
cent on stock in 1879 81, 7 per cent m 1831-83, and
sold in foreclosure September, 18*8.
Net earnings
8 per cent afterward. Gro-s earnings 1878. $270,570;
Jan. 1 to Nov. 10, 1678, *233,.’04. The Detroit &
net, $119,02*. (V. 26, p. 342; V. 28, p. 451, 503.)
Pontiac and O. & O. interest is to be paid, and the
Delaware Lackawanna A Western. —Operations
consist largely of coal mining and transportation. bonds may be changed into new first mortgage All
other bonds changeable for new 2d mortgage.
(V.
No annual report is made, except that required to
the State authorities of Perm. For 1878 the Income 26, p. 117, 232, 2 4 2. 367, 391, 419, 574, 599; V. 27, p.
15, 40, 67, 172, 251, 356; V. 28, p. 12.*.)
account is given thus:
Dubuque A Sioux City.—Leased to Illinois Cen¬
Net receipts
$3,651,434
tral, in 1867, for 20 years, at 35 per cent of gross ea> niDtereeton bonds
$411,^65
Rentals
3,198,752—3,610,725 ings first ten years, 8nd 36 afterwards. In i8i6 gross
earnings were $978,279; in 1877, *921,412; in 1878,

if 30 per cent of gross earnings does not pay
the balance is charge d annually to Del. RR. In
gross earnings were $355,580,

that,

$40,709

Net profit in 1878
Loss for year 1877

$92 S170

Dubuque Southwestern—Farley to Cedar Rapids, 11.
908,021
The mortgage authorized f ir $10,'10J,000 is to Gross earnings, 1877, $105,312; expenses, $97,215.
take up prior bonds w ith $2,J*,2 -.0h», and the (V. 26, p. vfil, 459.)
Dunkirk AUegh. Valley A Pittsburg.—A consoli¬
balance for cash resources. The Morris & Essex
Railroad is leased and some of its bonds guar¬ dation, Dec. 1, 1872. Road leased ana bonds mosily
held by N. Y. Central & Hudson, which pays interest
anteed. (V. 24, p. 1 81,605; V. 25, p. -,57; V. 26, p
as rental.
Net deficit on operations 1878, $645.
191; V. 23, p. 144.1
E st Bt'oad Top. -Mainly a coal road, carrying
Denver A Boulder Valley.-This road is leased to
the Denver P-icific.
Denver Pacific— Land grant, 1,100,000 acres.
1877-8 gro«s earnings were *223,639; net

In

earnings.
$87,546. Receiver appointed April, 18.8. (V. Ski,
p. 342,408, 4 4, 549; V. 27 p. v53, 214.)

bituminous coal. On line of roud are
& Coal Company’s furnaces (2), with

Rockhill Iron
a

capacity of

20,090 tons pig iron annually.

Pennsylvania.- Leased to Philadelphia &
Dividends are 6 per cent per annum.
East
Tennessee Virginia A Georgia. — Leases
Denver ARio Grande.—Narr w-gauge roa*. Leased
from Dec. 1, 1878 f *i oQ years to Atch Top Sc Santa Memphis & Charleston Railroad for its own account
and risk, paying over net earnings. Gross earn¬
Fe, at 43 per cent of gross earnings first year and
thence deer a-ing.
(V. 27. p. t.7 227, 331, 382, 134, ings year ending June 30, 1878 were $1,022,651; ex¬
penses, $612,641, and net earnings, $409,608. (V.
514,539, 603; V. 28. p. 120. 173, 427, .'.0 .»
Ues Moines A Fort Dodgt.—TW.* is part of th3 25, p. 400; V. 27, p. 626.)
naslem
(Mass.). —Company embarrassed 1875.
Des Moines Valley, reorganized after f re lo.-u. e.
There

are

also $1,2 0,( 00 income

0f Jf'.n., 1877, were funded.




bonds.

Coupons

East

Read.ng.

A

general mort<?»"•• wa«j innJe to fund

of dett,

th^old i«sue*
1879, then 4

bearing 3y2 per cent till Sept.,

S.
S.
D.
S.
O.

.

Jail.
Jan.

2, 1879”
1, 188b

I.T.A.S.Cu July 1, 1895
Office.
do
do
do
do
do

N. N.Y., Lond. & Frankft.
N. N. Y., Bk. of Commerce.
N. N. Y., Rutten & Bonn.

&
&
&
Sc

J.
J.
J.
M.

N.

Y., Rutten & Bonn.
New York.

J.
J.
J.
N.

Boston, Co.*8 office.
do
do

do
do

August, 190a
July 20, 187«
1,1881
Sept. 1, 1907

March

June, 1892

March, 1885

April 15,188#
Nov. 1, 1900
May 1, 1899
Nov. 1, 1909
Nov. 1,
June 1,
Jan. 1,

1906>
1905

1907

July 1, 1889
May 1, 1880
1908
1908

....

....

M.
M.
A.
F.
J.
A.
J.
J.
J.
A.
J.
A.
A.
J.
J.
M.
A.
J.
J.

&
&
&
Sc
&
Sc
Sc
&
&
Sc
Sc
&
&
&
Sc
&
Sc
&
Sc

New York & London.
N.
New York.
N.
do
0.
do
A.
do
J.
O. N.Y.,M.K.Jesup,P.& Co.
do
do
J.
do
do
J.
J. N.Y.,M.K.Jesup,P.& Co.
do
do
O.
D. N.Y., N.Y. Cent, Sc Hud.
do
do
0.
do
do
O.
J. Philadelp a, Co.’s Office.
J. Phila., by P. & R. RR.
8.
Phila., P. Sc R. office.
0. N. Y., R. T. Wilson Sc Co.
J. N. Y., Gallatin Nat’l B’k
J. N. Y.,R.T. Wilson & Co.

do

do

M. & N.

Nov. 15, 187*
Nov. 15, 187*

April 1, 187*
188*
1878
April 15, 1879
Feb. 15,
Jan. 1,

1883
1894

July, 1883
Oct., 1883
June, 1890
Oct. 1, 1890
Oct. 1, 1890

July 1,
Jan. 21,
Mar. 1,
May 1,
July 1,

1903

1879
1888

1879
1900

1880 to 1886

May 1, 1886

....

Boston.
do

July 15, 1873
Sept. 15,1896

Boston and London.

Sept., 190S
Feb., 1879
Sept., 1878
May, 1879

J. & J.
M. & S.

3*2g. M. <fe S.

1860

....

56
58
49
131
51
109
23
55
55
189

5
6 g.
7
7
8
7
2
7
7
7
7
7 g.
7
7
7
3
7
3
7
6
6
4
3
6

1863
1862
1865
1868

New York,
do
do
do
do
do

Q.-J.
&
&
&
&
&
Sc
&
&

Nat. Bank

Philadelphia.

F. Sc A.

M.'&N.

2,712,500

....

Q.-F.

7g.

100
100
50
50

100

Delaware.—Leased by Phila. Wilmington & Balti¬
till 1897 for 6 per cent ou stock aod bonds, but

81,500
450,000
2,000,000
1,000,000
200,000
500,000
1,309,200
495,900
1,968,274

1,000

75

more

100,000

1,000
1,000
1,000
1,000
1,000

& J. Pliila.,Girard
& J. Phil., Fid’lity

M.
M.
J.
M.
A.
M,
M.
M.

8
8
6

5,000,000
296,000
586,000

100
500
500 &c.
500

Dover, Co.’s Office.

& J.

J.
J.
J.

Dividend.

Whom.

Payable

7
7
7
7
7
7 g.
7 g.
7 g-

6
7

150,866
51,000
150,000
250,000

100 &c.
500 &c.

When

Bonds—Princi¬

pal, When Due*
Stocks—Last
Where Payable, aud by

'

(?)

....

75

Bay City, E. Saginaw, 1st mort., guar by
Bay County, issued in aid, guar by lessees

2,350,000
6,382,500
5,000,000
1,040,000
1,200,000
1,975,000
770,000
81,000
(?)

1856

47
75

1st mort., land grant, 3d scries
Flint & Holly RR. (sink’g fund $25,000 per

209,000
550,000

1,000
1,000

1876

Europ’n

Florida Central—1st mortgage,

600,000

370,900

112

....

Equipment bonds

Flint <£ Pere

1,000
100 <fcc.
100 <fcc.

130

Mortgage funding certificates

Evanville, Terre Haute & Chic.—1st mort.,
2d mortgage, gold

3,067,000

....

3,123,000

1856

mort....

2*2

1,000
1,000

m

Eel River—Stock
Elmira Jeff, d• Canandaigua— Stock
Elmira <& Williamsport—Stock, common
Preferred stock
1st mortgage bonds
Income bonds, 999 years to run
Erie <£* Pittsburg—Stock
1st mortgage, convertible into consolid.
2d mortgage, convertible
Consolidated mortgage free of State tax

7

1870
50-’56

282

Eastern (Mass.)—Stock
Essex RR.lst mort. (extended for 20 years)
Old loans exchangeable (int. ceased Sept.,’70)..

1J2

1.633,000

500 &c.

1,000
1,000

100
43
55
55
90
90
90
30
3G
3G
270
242

registered.

1856
1877
1872
1859

li?7G
1874
1877
1869
1870

i'43

mortgage, Oct. 1,1803.

50

•

500 &c.

.

1853

•

1870
1879

RR.) bonds, Oct, 1, 1853 —

2d mortgage, (Detroit & Pontiac RR.), Jan.
Dubuque <£ Sioux Clti/—Stock
:
1st mortgage, 1st division
1st mortgage, 2d division (for $1,400,000)

•

3
6
6

100,000
650,000
1,500,000
1,500,000
26,200,000

1375
•

ate pei
Cent.

$1,430,216

1,000

1869

-

Amount

Outstanding

«...

106

43
88
182
59
59
191
189

Detroit, Lansing c£ North.—1st mortgage
Ionia & Lansing, 1st mort., coup., may be :
do
2d mortgage
do
do
Del. Gr. Haven & Mil.—1st M., guar.,(for $2,0C
2d mortgage, guar., (for $1,500,000)

or
Par
Value.

291
....

Valley, 1st mortgage

Dollar (Oak. & Otta.

.

m

Size,

$50
1859
1875

...»

Arkansas

discovere.l in these Tables.

INTEREST OR DIVIDENDS.

DESCRIPTION.
at the head of first page

xtz

S.

RAILROAD STOCKS AND BON I

1879.]

Boston.

Baltimore, N. Cent. RR.

Sept.

N. Phila., Penn. R. R. Co.
Jan., 1879
do
do
J.
J. Phila., Penn. Trust Co. Jan. 1, 1880
Oct. 1, 2802
O. Phila., Peuu. R. R. Co.
Q.-M. N. Y., Uuion Trust Co. June 10,1879
do
do
July 1, 1882
J. & J.
do
do
April 1, 1890
A. & O.
do
do
July 1, 1898
J. & J.
Oct. 1, 1890
do
do
A. & O.
Jan. 1, 1889
Boston.
J. Sc J.
M. Sc S. New York and Boston. Mar. 1, 1899
A. & O. Boston, Second N. Bauk April 1, 1899
Nov., 1878
M. & N.
J. Sc J. N.Y.,Farm. L’an<& T.Co. Jan. 1, 1887
Nov. 1, 1*887
do
do
M. & N.
do
do
Aug. 1, 1880
F. & A.
M. & N. N.Y.,Farm.L’an & T.Co. May 1, 1900
Jan. 1, 1903
do
do
J. & J.
Jan. 1, 1879
Boston Office.
J. & J.
do
April 1, 1894
A. & O.
do
April 1, 1898
A. & 0.
M.
J.
J.
A.

&
&
Sc
&

-

M. & N. N.Y., Merch’nts’Ex.B’k.
M. & S. N. Y., Meehan. Nat. B’k.
do
do
M. & N.
F.
VI.
I.
F.
F.

Sc J.(Newark, N. J., Sav. Ine.
New York.
& 8.
do
Sc J.
Sc J. N. Y.,Mecb. Nat. Bank.
& J. N. Y., Farm. L. & Tr. Co.

May, 1902
Sept. 1, 1888
May 1, 1888
July 1, 1882
Sept. 1, 1887
Jan. 1, 1876
Jan.
Jan.

1, 1901
1, 1907

i

for balance of term.
The Eastern ia
leased. (V. 26,
15. 251, 35382, 537, 626.)

per cent till Sept., 168?, and 6
In 1877-78 net income was $629,792.
N. H., a separate corporation, is

p.

548; V. 27, p.

Eel fiiver.*r
re

organized.

p.

276.)

This is the Detroit. Eel River & III,
Net earnings 1878, $67,842. (V. J18,

Elm>n Jeff. A
to the Nrfw York

Canandaigua.—Originally leased

& Erie Railroad Co. and

operated

by it until May 1, 18 )6, when the lease was transf rred to the Northern Central Railway Co., by
which it has i-ince been operated.
Elmira A Williamsport.— Leasedin 18 -3 to North.

Rent ainoanfs to $165,000 per
Bonds due 1880 to be extended at 6 per cent.
(V. 28, p. 253.)

Cent, for 999 years.
year.

Erie A Pdtsbu'g.—Leased in perpetuity to tbc
Pennsylvania Railroad and transferred to Penn. Co.;
the terms guarantee 7 p. c. per annum on stock And
debt. Net earnings, 1878, $157,602; interest and
dividerd charge, $372,543. (V. 28, p. 377.)
Europein A North American.—Defaulted in P7S.

Sterling mort. on N.Brunswick Div. foieclosed Aag.,
1878. tV. 26, p. 18, 142, 418; V. 27, p. 148, 251, 628.)
Evansville A Terre Haute.—This was »he Evausville & CrawfuTdsville.
Net earnings 1877-8, $178,748. (V. 25. p. 4 5 «; V. 27. p. 53*0
cvansville, Terre Haute A Chicago—Gross earn
ings, 1876 7, $203,371; net, $70,923. (V. 21, p. 136.)

FUchJburg.—Leases Vt.& Mass. Net income, 1877-8,
rental and interest, $253,766.
(V. 26, p. 94,
117, 391, 548; V. 27, p. 567; V 23, p. 17, 26.)
Flint. A Pere Marquette— Gross earn mgs in 1 78,
$1, 81,147; in 1877. *997,965; and net earnings ic

above

1878, $433, 7d, against $416,679 in
in five trust.-: sales in 187J,

1877. The lands

9 u2‘ acres, for
$.35,805; iotal net sales to Jan. 1. 1 w78, 275,722 acres,
for $2,2.7,436; lands then unsold, 235,779 acre*
Coupons on consol, bonds passed Nov. ,i87\ ana
part were funded. (V. 26, p. 411.543; Vp. 6¥,
i4;, 223, 5 25.*
tloriia Central.—From Jacksonville
to Lake
Oitv.
Bondd authorized, $593,00 \ Gios* earnings
1877-8, $156,458.

are

KAILROAD STOCKS AND BONDS.

XX

Subscribers will confer

a

great favor by giving Immediate notice of any error discovered In tliese
Tables.

DESCRIPTION.

Miles Date
For explanation of column headings, Ac., see notes
of
of
at the head of first page of tables.
Road. Bonds

Flushing, North Shored: Cent— lstmort. (FI. AN. S.)
2d

58

2d mort. and equipment bonds, coupon
Fort Wayne, Muncic d Cincinnati—1st
mort.,gold...
2d mortgage

Framingham d Loivell—1st mortgage bonds
Galveston, Harrisb.d S. Antonio—1st mort, gold, l.gr.
Galveston, Houston d Hend. of 1871—1st mort

Geneva, Ithaca d Sayre—1st mort., s. f., gold
Georgia Railroad d Banking Co.—Stock
Bonds, not mortgage
’

do

Grand Rapids d Indiana—Stock
1st mort., land

grant, gold (guar, by Pa. RR)
1st mort., gold, ($2,195,000 are land grant)
Income mortgage bonds, for $10,000,000

Grand Trunk (Canada)— Consolidated stock
New stock far £10,000,000
Debenture stock for £8,000,000 (act of 1874)....

•

•

•

•

....

10
100
100
109
109
26
215
50
35
232

on all rolling stock
do
2d
do
do
Postal bonds, Ac., secured by gov’t business
1st pref. bonds, conv. into 1st pref. stock
2d
do
do
2d
do

New bonds, coupon
Short bonds exchanged for bonds due 76, ’77, ’78;
Greenville d Columbia— 1st mort.,guar.by State
Bonds not guaranteed
.

..

New mortgage (for $2,500,000)
Hannibal d St. Joseph—Common stock
Preferred stock (7 p. c. yearly, not cumulative)...
Missouri State loan
Bonds 1870, convertible
.'
Bonds, secured by $2,500,000 I’d notes
1st mortgage (Quincy A Palmyra RR)
1st mortgage (Kansas City A Cara. RR.)

Harrisb., Rortsm’th, Ml. Joy d Lane.—Stock
1st niortgage

Hoilsaionic—Stock
Preferred stock
1st mortgage

2d mort. bonds of 1869
Equipment bonds of 1873
Hcrust. Easld West Texas.—1st mortgage, gold
Houston d Texas Cent.—1st M., (main) gold, l.gr.,s.f.
1st mort., West div. (Hempstead to Austin)
1st M., gold. Waco A N’west (Bremond to Waco)
Consol, mort., 1. gr. (coupon,but may bereg’d)...
Ihcomeand indemnity bonds

Huntingdon d Broad Top—1st mort., gold
2d mortgage, gold
3d mortgage ,consolidated
Scrip for past due coupons

1,800,000
500,000
500,000

....

1,000
1,000
100 Ac.
100
500

....

1877

1,000

1869

1,000

1869
1875

1,000

332
332
332
332

300.000

....

....

£25
£100

1873
1875
....

....

....

....

....

....

....

....

.

....

....

....

.

.

....

.

.

.

.

.-

....

....

495%
350

350
145
....

_

.

.

.

4,000,000

7 g.
7 g.

J.

7

M. A

Mortgage bonds, sterling
Sterling bonds, (sinking fund £20,000 yearly)
Mortgage, sterling.
Bonds, coup. ($2,000,000) M. onCli. A Sp. RR
Indianapolis, Bloomington d West.—1st mort., gold.

.'

Ind., Bloom., A W., Extension, 1st mort., gold

Inaianapolis, Cincinnati d Lafayette—Stock
Preferred stock (issued for funded debt bonds)...
Indianapolis A Cincinnati of 1858, 1st mort
Indianapolis, Cincinnati A Lafayette
do
do
do
Funded interest bonds, coupon

....

....

1853-7
1870
1878

....

50
343
118
47
461

....

....

....

112
202
202
217

184
184
90
151
179
....

Ecfiiipment bonds, registered

...

Cin. A Iiul., 1st mortgage
do 2d M.. guar. ($1,000,000 due ’77 ext. to ’92)

20
20

'500,000
500,000
1,200,000
3,218,149
2,327,808
7,166,910
£6,037,991
505,753
2,165,830

....

Various
100
100

1,000
....

1,000

....

....

1867

....

50

....

1853
-

-

*

....

100
100

»

....

....

1869
1873
1878
1866
1870
1873
1872

....

.

.

1,000
1,000
1,000
1,000
1,000

1854
1857
1865

500
500

1,000

i'oo

.

1864
1875
1874
1875
1877

500 Ac.
£200
£200
£200

1,000
1,000
1,000

1869
1870
1872
1875
1858
1867
1869
1873
1873
1862
1867

1,000
50
50
500 Ac.

1,000
1,000
150 Ac.
500Ac.

1,000
1,000

2^2
5
6
7
7

1,000.000

500,000

$1,413,071

Galveston, Houston & Henderson.—Net earnings
1878, $184,595. (V. 28, p. 146, 172.)
Geneva, Tthaca & Sayre.—Sold Sept. 2, 1876, and
re-organized, this mort. being the old I. & A. mort.
(See V. 23, p. 256, 304, 451; V. 24, p. 110.)

Georgia Railroad cfe Banking Company

—

The

an¬

nual report for the last fiscal year, ending April 1,
1879, was published in V. 28, p. 501. A comparative
statement for three years was as follows:
1876-7.
1877- 8.
1878-9.
Tot. gr. earng’s... $1,143,128 $1,013,712
$997,718
Operat’g expenses. ’ 613,110
727,703
659,325
Net earnings
500,017
286,012
338,392

I* May, 1875, this company, with the Central Ga.,pur¬
chased at foreclosure sale the Western RR. of Ala.
Por Montgomery & West Point 8 per cents this




do

J. N.

1910

do

July 1, 1897

Y., Winslowr, L. A Co.
do

S.

do

18,99
18^9
1906^r

do

do

-

9,168,700
5,083,024
3,000,000
4,000,000
431,000
500,000
1,200,000
1,182,550
700,000
820,000
1,180,000
100,000
300,000
150,000
125,000

6,227,000
2,305,000
940,000
3,292,000
1,359,500
416,000
367,500
1,500,000
131,079
29,000,000
2,500,000
2,500,000
4,393,000
1,000,000

1,600,000
3,000,000
1,500,000
5,500,000
5,587,150
1,419,400
i

;ooo;ooo

2,800,000

1,767,000
446,300
353,000

499,000
1,497,000

7
6
8
7
8
10

3%)
6
•

2
7
6

Columbia, Co.’s Office.

A
A
A
A
A
A
A

J. N.
S.
J. N.
A. N.
J.
J.
J.

7 g.
8
g.

g-

M.
J.
J.
J.
A.

7
7
7
7
10
7
7

(Y. 25, p. 90; Y. 26, p.468;

(Y. 26,
95, 192, 239, 4 4 3 543, b25.)
Grand Trunk (Canada).—The above figures repre¬
sent pounds
sterling. Net earnings in half year
ending Dec. 31,1878, £224,750. Interest, rentals, Ac.,
£209.757. (V. 26, p. 265, 443; V. 27, p. 95, 148, 3S2,
408,460; Y. 28, p. 453, 4 74 .)
Great Western (Canada).— The above figures are
given in pounds sterling. For the half year ending
Jan. 31, 1879, tha gross receipts were £387,295;
working expenses, £255.794: net earnings, £131,501.
(V. 26, p 265, 443, 574; V. 27, p. 94, 383, 5 1 3 S V.
23, p. 474.)
,

Greenville <fe Columbia.— This company defaulted
but compromised with its bondholders. Net earn¬
ings 1877, $180,614. (Y. 22, p. 110; V. 26, p. 547;
V. 27, p 227.)
Hannibal & St. Joseph.—Gross earnings in 1878,
$2,015,450; net, $780,355; interest charge’ $660,000.
The company has about #2,500,000 in land notes, and
about 90,0:>0 acres yet unsold.
The bonds secured
on land notes have a sinking
fund of $25,000 per
quarter. (V. 26, p. 242. 3 9 0, 625; V. 27, p. 279,
487, 603; V. 23, p. 199, 220.)
Harrisburg Portsm. Mt.Joy & Lancaster.—Leaned.
to Penn RR which owns a majority of the stock.
Housatonic.—Leases Berkshire Railroad, Stockbridge & Pittsfield, and West. Stockbridge. Gross
earnings in 1877-8 were $570,413; net, $219,941.
Houston East & West Texas.—In progress, Hous¬
ton to Shreveport, 225 miles. Narrow gauge; bonds
$7,003 per mile.

A
A
A
A
A
A
A
A
A

A.
F.
J.
M.
M.
J.

A
A
A
A
A
A

>J.

1881 to 1886

Aug., 1870
1884-1887

do

Mar., 1885

Y., Farm. L. A T. Co.
Y., B’k. No. America.
do

do

Pkila., Co.’s Office.
do

do

do

Jau.

1, 1888
Jan., 1892
Jan., 1886
Jan. 1, 1879
July 1, 188?.

do

N.
New York.
J. N. Y., Nat’l. City Bank.
J.
do
do
J.
do
do
O. N. Y., J. J. Cisco A Son.

S.
O.
O.
O.
D.
J.
O.
J.
J.

April, 1878
April, 1878
Perpetual.
Dec., 1890
Oct., 1880-82

do

do

Philadelphia, Office.
do
do
do

....

M.
A.
A.
A.
J.
J.
A.
J.
J.

Irredeemable.
Irredeemable.
Irredeemable.

Bridgeport A Boston. April 15, 1879
1885
Bridgeport and Boston.

A. A O.
F. A A.
A. A O.

7

g.
5 g.
5 g.
6
7 g.
8
7 g.

A
A
A
A
A

April, 1877
Jan., 1920
Perpetual.

Y., B’k. No. America.

....

7
7 g.
7 g.
7 g.

7
7
7
7
6 A
3
6
6

J.
M.
J.
F.
J.
J.
J.

Q.-J.

paid by it, and h >lds $1,652,110 of them.

.

O. London, at Co.’s Office.
J.
do
do
A.
do
do
J.
do
do
J.
do
do
J.
do
do
O.
London A Montreal.
O.
do
do
J. London Joint Stock B’k.
D.
do
do
do
do

F. A A.

Rapids A Indiana.—Gross earnings 1878,
$1,200,629; net, $215,478. Unguaranteed bonds are

,

&
A
A
A
A
A
A
A
A
A

do

Grand

p.

A.
J.
F.
J.
J.
J.
A.
A.
J.
J.

632,237

secured by the same mortgage as the guaranteed
on the land grant.
Since Dec.. 1875. 1st mortgage
bonds redeemed by sinking fund are replaced
by
income bonds issu< d to Continental Improvement
Co. Tne Penn, railroad virtually buys the coupons

Galvestcn, Harrisburg & San Antonio. — Gross
earning® 1877, $'« 052,568; expenses. $360,204; net
earnings, $692,363. A sinking fund of 1 per cent
begins in 18a0. The company has 16 sections of
land per mile. (V.26, p. 3 66.)

J.

....

432; V. iO, p 409; V. 27, p. 077/)
Fonda, Johnstown & Gloversville.—Net earnings
1370-7, $45,060.
Fort Way re, Jackson & Saginaiv.—Traffic guaran¬
tee 40 per emit from Mich. Cent. Interest is paid as
earned.
In 18.8 gross earnings were $428,167;
in 1877, $254,324.
Net earnings 1877, $109,669. (V.
26, p. 264; V. 27, p. 331; V. 23, p. 199, 300.)

8 per cent notes

1, 1902
May 1, 1903
July 1, 1900
July 1, 1889
Oct,, 1891
Oct.> 1889
April, 1896
April 1, 1891
Mar.

Yr., F. P. James A Co. July 1, 1902
Y., Metrop. Nat. B’k. July 1, 1890
J. Augusta,Ga., RR. Bank. Dec, 15, 1878
J.
do
do
yearly to 1890

....

company offers sixes.
V. 28, p. 501.)

Framingham & Lowell. -Leased to Boston, Clin¬

Boston. ‘
Bost. A London.

A. A O.

6 g
6 g.
Various.
5 g
5 g
4 g.
5-16

Flushing, North Shore & Central.—Now leased to
L. I. RR. There are. in addition to above, $125,000
N. Y. & Flashing RR. 7s; $149,000 North Shore 7s;

ton & Fitchburg; has also $250,000
due in 1882-3. (V. 26, p. 166.)

0.
A.
J. N.
J. N.

May 1, 1889

7,500j000

....

....

Wayne, Muncie <fc Cincinnati.—Receiver
appointed November, 1874. (V. 23, p. 396.)

A

6 g.
7 g.
7 g.
3
7
6

N. N.Y., Chatham Nat. Bk.
N.
do
do
S.
do
do
N.
do
do
J. N. Y., St. Nich. Nat, B’k.
J. N. Y., Farm’s. L. A T. Co.
O.
do
do
O.
Boston, Office.
O.
do

£3,486,787

1876

....

....

£100

....

•

15
53
54
54
120
120
74

....

1871-2
1877

....

....

£100

....

’58-’78

143
143
296

....

£20*2

....

707

Fort

A.
A.
A.
F.
J.
J.
J.
J.
J.

A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A

Stocks—Last
Dividend.

2,560,000

....

58.

and $93,000 Whitestone & Westchester. 7s.
Com¬
pany embarrassed, sir ce Sept., 1877.
(V. 25, p. 334,

M.
M.
M.
M.
J.
J.
A.

4,200,000
1,493,000
600,000
4,200,000
483,000
1,000,000
2,800,000
3,205,000
795,000

1,000

1,390

7
7
7
8
8
7 g.
8
7

1,500,000
500,000

1,000
1,000

....

7
7

400,000
1,000,000
200,000

1,000

....

58
58

Illinois Central—Stock
Redemption, 1st and 2d series

2d mortgage

$800,000

conv

Great Western (Canada)—Common stock
Preferred 5 per cent, convertible into common...
Debentures.

r

$500Ac.

Rate per When Where Payable, and
by
Cent.
Whom.
Payable

pal, When Due*

3,11L500

Equipment mort., 1st

do

Outstanding

Amount

500 Ac.
500 Ac.
100 Ac.

1870

Canadian debentures

3d

or
Par
Yalue.

1,000

1871
1871
1873
1872

Bonds— Princi

INTEREST OR DIVIDENDS.

Size,

1869
1870
1872
1873
1870
1869
1871
1869

mortgage (FI. & N. S.)

Central of L. I., 1st mortgage
do
do
Extension 1st mortgage
Fonda, Johnstown d Gloversville—1st mortgage
Fort Wayne, Jackson d Saginaw—1st mort., coup...

do

[VOL. XXVIII.

-

do
do
do

N. Y., Co.’s Office.
N. Y., Co.’s Office.

London.

London,Morton R.A Co.
do
N.

do

Y., Co.’s Office.

1889
1883
1898

July 1, 1891
July 1, 1891
July 1, 1903
Oct. 1, 1912
Oct.
Feb.

1, 1890
1, 1895
April 1, 1895
March 1, 1879

April 1, 1890
April 1, 1895
April 1, 1903
Dec.
Jan.

New York.
do
do

1, 1905

1, 1898

Oct., 1909
Oct., 1890
1912

O. N. Y., Amer. Ex. Bank.
A.
do
do
D.
do
do
S.
do
do
S.
do
do
D.
do
do
A J. New York and Boston.

April, 1888
Feb., 1897
June, 1899
Sept. ’78,’80,’83
Sept. 1, 1883
Dec., 1892

Jan.’82, ’87,’92

Hcmston & Texas Central.—Gross earnings for ten

months

ending Feb., 1878,
Company owns

$2,350,412; net,
5,240,000 acres land
against first and consol, mortgages, and other lands
ana lots against income bonds.
(V. 25, p. 357; V.
26. p. 40, 290, 334.)
Huntingdon & Broad Top.-Capital slock is $2,052,800. Gross earnings in 1878 were $238,889; net,
$132,693. Interest passed on 3d mortgage bonds.
(Y. 24, p. 369.)
$937,797.

were

Illinois Central.—The general mortg. of 1874 pro¬
vides for all bonds outstanding. It is limited to

$15,000,000.

The Company controls the Chic St.
road, owning 62,792 shares of its
stock. $1,087,000 of fir>tmort. bonds, and $4,953,000
of the 2d mort. income bonds.
In July, 1877, took
the Chicago A Spring, under lease, and issued the
bonds secured on that, road
In 1878, net income
from all sources was $3,147,387,'leaving a
surplus of
$665,532 over annual charges and dividends. Following is a comparison for four years:
Louis & N.

O.

Gross

Net

Year.
1878
1877.
1876
1875

Earninys.

Earnimrs.

Interest,
&c.

.$7,111,184
$3,015,229
$6)1,182
6,639,845
2,546.561
582,9yo
7,040.969
616.792
2,144,776
2
670.081
7,802,556
661,098
(V. 26, p. 164, 548, 574; V. 28, p. 95, 198,199.)
Indianapolis, Bloomington & Western—Default was
first made July. 1874, and foreclosure took place
Oct. 30, 1878.
Receiver’s certificates issued to con¬
siderable amount. The Danville, Urbana, Bloom¬
ington A Pekin is part of this road.
Net earnings
of main line in 8 7-8, $302,803. (V. 26, p. 67, 190,
420, 470, 548; V. 27, p. 41, 148, 172, 199.' 228, 357, 383,
435. 461, 486, 677; V. 28, p. 18, 146, 221, 224, 276,
302, 352, 401, 526.)
Indianajx>lis, Cincinnati & Lafayette.—The com¬
pany defaulted July, 1876, and Mr. Ingalls, President,
wan
appointed receiver.
Gross earnings 1877-8,
$1 ,339,0.^7; expenses, $814,697; net earnings, $494,388.
(V. 25, ]>. 182, 380; V. 26. p. 265, 625; V. 27,
p. 172, 303, 3 5 4, 333; Y. 28, p. 302, 401, 526.)
...

...

....

...

....

May

Subscribers will confer a great

lavor by giving
Miles

explanation of column headings, &c., see
at the head of first page

of tables.

note8

Indian'polis Dec. <£ Spr.—lstM.,gld (for $1,800,000)
2d mort., (income bonds only till July, 1881)
Indianapolis <£ SI Louis—1st mort., in 3 series
2d

of

Road

100
71
71

mortgage

Equipment bonds

Indianapolis d Vincennes— 1st mortgage, guar
2d mortgage, guaranteed
International d Great Northern—Consol, stock
International, 1st mortgage, gold
Houston & Great Northern, 1st mortgage, gold...
International 2d mortgage
Houston & Gt. Northern 2d mortgage

Funded coupon bonds
Iowa Falls d Sioux Gilt/—Stock
1st mortgage, April 1, ’09

Jacksonv., rcns.dhMob.—Florida State bonds, gold...
Jefferson (Fa.)—1st & 2d morts. (Hawley Branch)..
1st mortgage (Susquehanna to Carbondale)
Jeffersonville, Madison d Indianapolis—Stock
Indianapolis & Madison, 1st mortgage
Jeff., Mad. & Ind., 1st M. (s. f. $15,000 per year).
do
2d mortgage
do
Joliet d Northern Indiana—1st mort., guar by M. C.
Junction, Philadelphia—1st mortgage
2d mortgage
Kansas City, Fort Scott d Gulf— 1st m. 1. gr. s. f
Kansas City, St. Joseph d Council Bluffs—Stock

Bluffs & St Joseph
C. Bl., mortgage
do.
income bonds, reg...
do
Kansas Pacific—Stock
1st mortgage, Council
Kansas City, St. Jo. &

gold, (for $30,000,000),coup.or reg
1st mort., gold, coup., on 140 miles west Ko. Riv.
1st mort., gold, 140tli to 393d mile..
2d mort (to U. S. Gov.) on 394m. west Mo. River.
1st M., 394th to 639th mile, l’dgr., 3,000,000 ac’s
Consol, mort.,

1st mort., coup., (Leavenworth Branch)
Income bonds, coupon, 3d mortgage on 427 miles.
1st land b’ds, cp, or reg., gold, on 2,000,000 acres
2d land mort.,
do
do
do

Consol, funding mortgage
June. C. & Fort K., 1st mort.,

gold, land gr., guar

Kentucky Central—2d mortgage
3d mortgage
Keokuk d-Des Moines—1st M., int. guar. C. R. I. & P.
Knox d Lincoln— 1st mortgage

117
117
510
204
255
204
255

registered

Mortgage bonds of Oct., 1809, sinking
1st mortgage, sinking fund, M. S. & N.

I
(C., P. & A. RR.) registered bonds..

2d mortgage
3d mortgage
do
Lake shore dividend bonds, April, 1869
1st mortgage (C. & Tol. RR.) sinking fund
2d mortgage
do
Buffalo & Erie, mortgage bonds
do
do
do
do
Det. Monroe & Tol., 1st mort., coup., guar
Kalamazoo & White Pigeon, 1st mortgage

Schoolcraft & Three River. 1st mortgage....
Kalamazoo & Schoolcraft, 1st mortgage

Kalamazoo, Allegan &, Gr. Rapids, 1st mortgage,
do
do
stock, 6 per ct. guar.
Jamestown & Franklin, 1st mortgage
do
do
2d mortgage
Lawrence—Stock
1st mortgage
Leavenworth Atch. d N. W— 1st mort., guar
Leaven., Law. d Galv—1st mort., l.gr. ,s‘.f., conv
Kansas C. & Santa Fe, 1st mort., guar
Southern Kansas, 1st mort., guar

1876
1876
1869
1870
1871

Size

or

par

Value.

Amount

Outstanding

....

....

1871
1872
1874
1874

1,000
1,000

1,000
•

•

•

•

1867

1869
1862
1866
1870
1877
....

...

1,000
1,000
1,000

1,000
100
500 &c.

7

1,000

1877
1877

100 &c.
100
50

^

^

•

33^
99
99
162
49
82
37

864
451
95
95
258
162
162
88
88
88
62
37
12
13
58

...

1870
1870
1873
1872
1869
1855
1859
1867

51
51
22
17
21
145
32
10

7

ls4
7
7
7
7
6
6

397,600
2,395,000
2,000,000
800,000
455,000
300.000

4

7
6

f

6
6
6
6
7
7
7
7
7
10
7
7
7
5
6
7
7
3
5
7

l

7

1,000

1,000

1,000

4,063,000
6,303,000

.

.

.

6,380,000

1,000
1,000

'600,000

50 &c.
250 &c.

4,275,350
1,578,000

1,000

1/00,000

1,500,000

....

1,000

'600,000

1,000

844,000
237,000

1,000

2,750,000

100&C.

2,395,000
1/00,000

....

1,000
1,000
100
100

1,000
1,000

666,000

49,466,500
533,500
>

8,159,000

1,000
1,000
1,000

9,350,000

1,000
1,000
1,000

1,000

5,255,000
894,000
920,000
1,356,000
1,595,000
849,000
200,000
300,000

500 &c.

2,834,000

500 &c.

1863
1869

1*000

1865
1870
1869
1870
1872

1,000
1,000
1,000
1,000

1,000
1,000

1,000
1,000
....

....

....

....

1,000
50

....

'638,000

924,000
400,000
100,000
100,000
840,000
610,000
410,000
500,000
450,000
337,000
500,000

5,500,000
720,000
160,000

,




In 1878,

gross

ings, $422,983.

do
do

do

do

M. & N. N. Y., Bk of
do
F. & A.
do
J. & D.

g-

M. & N.
M. & N.
M. & S.
J. & J.
M. & S.
A. & O.
A. & O.
M. & S.
J. & D.
A.
O.
Various
F. & A.
F. & A.
F. & A.
F. «fc A.
J. & J.

g.
g.
g.

g.
g.

7
7

2*2
7
7
10
10
8

June 1, 1879
April 1, 1899

1900
1887 & 1889

1, 1889
1879
May 1, 1881
Oct. 1, 1906

Jan.

May,

July 1, 1910
July 10, 1907
July 1, 1882

April 1, 1900
Jan.
Jan.
Jan.

Boston, at Office.

g.
g.
g-

7
7
7
7
7
7
7
7
7
7
7
7
7
7
8
8
8
3

3,150,000

Boston.
Q.—M.
A. & O. N. Y., Nat. Park Bank.
J. & J.
New Yovk.
J. & J. Honesdale Nat. Bank.
J. & J. N. Y., by Erie Railroad.
Q.-F. N. Y., Farm. L. & T. Co.
do
do
M. & N.
do
do
A. & O.
do
do
J. & J.
J. & J. N. Y., Farm. L. & T. Co.
J. & J.
Philadelphia Office.
do
do
A. & O.
J. & J.
Boston, Co.’8 office.

J. *& J.
J. <fc J.
A. & 0.

*7*

500,000

4,495,522
2,488,174
9,689,950

2,240,000

1908
1900

B’k April 1, 1911
Jan. 1, 1900
Feb., 1904
Feb. 1, 1904

-

»T

4,000,000
2,789,413

100

1869
1855
1866
1862
1866
1868
1876
1869
1867
1867
1868

’

“i*

2,000,(.00

.

1879
1865
1866
1865-7
1869
1866
1866
1870
1871
1876
1873
1853
1855
1878
’69-’72
1871
1871

A. '& O. N. Y., National City
do
do
J. & J.
do
F. & A.
do
do
F. & A.
do

7 g.
8
8

100
500 &c.

1866

140
253
394
245
34
427

7*g.

-

1, 1906
July 1, 1906
July 1, 1919
Oct, 1, 1900
July 1, 1881
Jan.

*

300/00
2,000/00

274
52
274

....

A. & 0, New York, Co.’s Office
do
J. & J.
do
Various N. Y., Union Trust Co.
A. <fe O.
do
do
J. & J.
do
do
F. & A. N. Y., Farm. L. & T. Co.
do
M. & N.
do

4,000,000

1,000
1,000
1,000
1,000
1,000
1,000

Dividend.

Whom.

7 g7
7
7
8
7
6

1,000
1,000

1879

....

Pay’ble

7
8

ibi

750

When

Cent.

earnings were $1,150,014; net earn¬
(V. 26, p. 192; V. 28, p. 378.)
Joliet & Northern Indiana.—This 7 percent bond,
guaranteed by Michigan Central, issued in piace of
old 8 per cents.
(V. 25, p. 592; V. 26, p. 40.)
Junction (Phil9—Owned by connecting companies.
Cost of road $1,061/30; paid-np stock, $250,000.
Net earnings 1878, $57,963. Dividends 14 per cent.
Kansas City, Fort Scott & Gulf.—The Mo. River
Fort Scott & Gulf was sold in foreclosure Feb. 4,
1879; the 1st mortgage bondholders took new 7
per cents for 80 per cent of their bonds, and for all
Gross receipts in
other claims stock wa* issued.
1877, from road and lands, $1,094,545; net. $263,894.
(V. 25, p. 308; Y. 26, p. 312, 391; Y. 28, p. 42, 146.)
Kansas City, St. Joseph & Council Bluffs—The
above statement is made of the securities as issued
Co., through stock ownership, and interest is guar¬
sincere-organization. In 18? 8 gross earnings were
anteed by Penn. Railroad. Net earnings 18 ?8, $5,348.
11,533,650, and net. earnings $448,059. (V. 26, p.
(V. 28, p. 18, 377.)
390; V. 28, p. 350.)
International & Great Northern (Texas).—A con¬
Kansas Pax.—Scrip for coupons funded is about
solidation of the International and the Houston &
$2,50.)
000. In 1878 gross earnings were $3/10,224,
Great Northern.
Coupons funded in 1873 and and net earnings $1/59.461, against $1,367,777 in
bonds issued for $2 787,6 0.
Receiver appointed
1837, $1,280,467 in 18?6and $1,572,880 in 1975. The
Apr., 1878, and new plan of re-organization made, as land grant is in two trusts, 2/00,000 acres in the first,
per Chronicle, V. 27, p. 95,331. Net earnings, 1878, from the 1st to the 380th mile, and 3.000,000 acres in
$571,932. Land grant about 5,' 00/00 acres. (V. 26, the second, from 380th mile westwaid, (Denver
p. 342, 547; V. 27, p. 95, 331; V. 28, p. 351, 425.)
Extension.)
See 1st page Supplement of Sept.,
1878. The company, Augu-t 1, 1878, conveyed its
Iowa Falls & Sioux City —-Leased to Illinois Cen¬ lands to S. J. Gilmore, " subject only to the land
tral at 35 per cent, on earnings.
mortgages. Foreclosure pending under first mort¬
Jacksonville, Pensacola & Mobile—This road is gage of 1869 (Denver extension). (V. 27, p 16,41,
mortgaged for a like amount of Florida State bonds, 95, 96, 121, 136. 200, 228, 251, 253, 274, 275, 280. 357,
and is held by the state. Litigation has been pend¬ 383, 435, 539, 677; V. 28, p. 18, 69, 121, 199, 277, 453,
ing for a long time (V. 22, p. 158; V. 23, p. 63, 477,503.)
256, 576; V. 24, p. 40, 204; V. 23, p. 212.)
Kentucky Central.—This was formerly Covington
Jefferson.— Leased to the Erie Railway Company, & Lexington.
The company purchased the MaysWhich pays interest on the bonds.
ville & Lexington road.
In May, 1879, it paid a
Jeffersonville, Madison & Indianapolis.—Leased dividend of 3 per cent on preferred stock of $500,000
Jan. 1, 1873, to Pennsylvania Company for interest and 1 per cent on common stock of $4,500,009.
and sinking fund of bonds, and 7 per ceDt a year Gross earnings 1877-8 $648,342; net, $246,694. (Y.
on stock.
Lease guaranteed by Penna. Railroad. 24, p.495; V. 26, p. 673.)
Indianapolis, Decatur & Springfield—This em¬
Central; 50
miles more are now under construction. The 2d
mortgage is issued to holders of old I. & I. C. firsts,
and till July, 1881, Interest is payable out of net
earnings only if sufficient.
Stock is $500,000.
Gross earnings, 878, $110,347; net, $28,955. (V. 27,
p. 251; V. 28, p. 27?.)
Indianapolis cfe St. Loins.—Of the 1st mcrtcage
bonds seiies “A” are .1 • & J.; serie-i “B,” M. & S.;
series “ C,” M. & N. The stock, $600,000, is owned
by Pennsylvania Co. and Cl. Col. Cin. & Ind. Be¬
ll ngs to Penn, system, and leases the St. Louis A.
& T. H. In 1877-8, net earnings were $313,903;
payment'’, $6' 9.690. (V. 26. p. 95, 614, 654; V. 27,
p. 41, 409, 454, 603; Y. 2J, p. 377.) •
Indianapolis & Vincennes.—Is leased to Penn.

braces the former Indiana & Illinois

Tables.

Bonds—Principal, When Due.
Slocks—lout
Where Payable and by

Rate pei

$276,000
2,667,000
2,000,000
1,000,000
500,000
1,700.000
1,450,000
5,500,000
3,264,000
4,084,000
2,052,000
2,907/00
2,787,620
4,625/00
2,960,600

$1,000
1,000
1,000
500 &c.

1869
1870

3.84
250
9
38
226
86
159
159
44

.

fund

Date
of
Bonds

1876-8

Lafayette Bloomington d Miss.—1st mortgage
Lafayette Mancie d- Bloomington—1st mortgage
1181
Lake Shored Michigan Southern—Stock
Guaranteed 10 per cent stock
864
Consol. 1st mort., (sink, fund, 1 per cent) coupon.
do
do
do
registered 864
864
2d mortgage, do. (for $25,000,000) coup, and reg.
Income bonds, coupon or

immediate notice of any error discovered In these
INTEREST OR DIVIDENDS.

DESCRIPTION.
For

xxi

RAILROAD STOCKS AND BONDS.

31, 1879. |

Commerce.
do
do

1, 1880
1, 1907
1, 1907

May 1, 1919
Aug. 1, 1895
June 1, 1896

1895 to’97
Payable *2 by transportation.
N. Y., Lond. & Frankf’t. May 1, 1899
1, 1896
N. Y., Bk of Commerce. Jan
do
do
July 1, 1916
N. Y., Lond. & Frankf’t. July 1, 1880
Sept., 1886
New York.
Oct., 1879
do
New York.
April 1, 1903
March, 1883
N. Y., Bank of America.
,

June, 1885

do

do
N. Y.,Farm.

L. & T. Co.
Bath, First Nat. Bank.
New York.

N.Y.,Grand Cent.Office.
do

do

r

'

Q.-J.
J.
A.
A.
M.
J.
A.
A.
J.
A.
J.
M.
A.
F.
J.
J.
J.
J.
A.
J.
J.

&
&
&
&
&
&
&
&
&
&
&
&

D.
O.
O.
N.
J.
0.
O.
J.
0.
J.
S.
0.

•

-M

2^8
CJ

-

Pj

~

is

,

’5 a

July 1, 1885

April 1, 1886

£

GO

ix a

j

CLP ©

S-H

i

4

&
&
&
&
&
&
&

J.
J.
J.
J.
O.
J.
D.

&
&
&
&

Aug., 1901
Aug., 1901
Feb. 1, 1879
Feb. 1, 1879
July 1, 1900
July 1, 1900
Dec. 1, 1903
Oct. 1, 1882
Oct. 1, 1879
May 1, 1885
Jail. 1, 1880
Oct, 1, 1892

April 1, 1899

f-

ri

rr^

& A.

s 2 S3
g

0

July 1, 1882
Sept. 1, 1886
April 1, 1898
Aug. 1, 1906
Jan. 1, 1890
July 1, 1887
July 1, 1887
July 1, 1888
April 1, 1879

Var. to July.’97
June 1, 1894

Pittsburg Office.

Q.-J.
F.
A.
J.
M.

3

,

Oct. 1, 1923
1880-1902

A. N. Y., Winslow, L. &Co.
O. N. Y., B’k of Commerce.
J. New York and Boston.
Boston Office.
N.
do

April, 1879
Aug., 1895
Oct. 1, 1889
July, 1899
May, 1890
1892

....

Keokuk & Des Moines.—The stock is $1,524,600
8 p. c. pref. and $2,600,400 common—a majority

by lessee. Leased to Chic. Ilk. I. & Pacific
years from Oct. 1, 1878, on basis of 25 per
onds. earnings
Gro«s with
earnings,
fross
a guarantee
1876-7,

$532,541.

(V. 26, p. 470, 523,

held
for 45
cent of

of$564,604;
inTerest 1877-8,
on the

546; V. 27, p. 857,

628.)
Knox <& Lincoln.—In 1877 net earnings were $48,*
943.
Interest is paid on bonds by cities and towns.
Annual report for 18?0, V. 22, p. 304.

Lafayette Bloomington & Miss.—Formerly leased
(Y. 23, p. 353; Y. 24, p. 445, 468,
518; V. 27, p. 146.)

to Tol. Wab. & W.

Lafayette Muncie & Bloomington.—^old in fore¬
April 3, 1879 (V. 24, p. 46S, 518; V. 27, p.
146; V. 28, p. 120, 302, 344, 453.)
Lake Shore & Michigan Southern.—The report for
1878 (V. 28, p. 413), showed surplus income oyer
interest, rentals, &c.. $2,774,373
The following
closure

shows

a summary

for the years
1876.

Miles
Gross

named:
1877.

1,176

1,176

1878.

1,176

earnings.. $13,949,176 $13,505,158 $13,979,766
Operat’g exp’es.
9,574,835
8,963,965
8,486.600
Net earnings....
4,374,341
4.541,198
5,493,165
Stock
50,000,000
50,000,000 50,000,000
37,524.000
37,274,000 37,024,000
Total debt
(V. 26, p. 442, 645; Y. 27, p. 602, 645; Y. 28, p.
473.)
Lawrence.—Leased to Pittsb., F. Wayne
at 40 per cent on gross earnings. Lease

& Chic,

transferred
to Pennsylv’a Company. Net earnings, 1875, $84,177.
8inking fund has $14,000 bonds. (V. 20. p. 425.)
Leavenworth Atch.&N.

W.—Operated by Missouri

Pacific.

Leavenworth, Lawrence

&

Galveston.—Sold m

foreclosure Aug. 9, 1878, for $760,000, and re organ¬
ized as Kans. C. Lawrence & Southwestern. Kan¬
sas Citv & Santa Fe sold Feb. 1879.
Net eaminga
m 1878 $158,265; in 1877. $144,365. • (V. 26, p.

420, 600; V. 27, p. 200;

Y. 28, p. 42, 351, 401.)

265*

UM1 .WJ

RAILROAD STOCKS AND

xxu

Subscribers will confer

a

DESCRIPTION.

notes

Miles

Date

of

of

Road. Bonds.

Lehigh <6 Lackaicanna— 1st mortgage
Lehigh Valley—Stock, common and pref
1st mortgage, coupon and registered
2d mortgage, registered
Consol, rnort., gold, $ <fc £ (s. fd. 1 p.c. v’ly) cp.& reg.

Logansp't, Crawfordsv. & S. If. of Ind— 1st rnort.,
Long Island—Stock
1st mortgage, extension

.

123
123
31
31
92

4
10
19
65
175
175
737
....

....

....

46
392
392
130
83
20
77
77
39
43
26
355

.

.

.

.

72

188
188
r

mortgage

Metropolitan (Elevated

1st mortgage, $ or £
2d mortgage, income

,

Lehigh db Lackawanna

—

Oi crated by Central of

Lehigh Vat.—This company’s earnings

are chieflv
The gross income from all
was $6,186,021: net $3,72 \C9 i.

from anthracite coal.

sources, in 1877-8,
The Co.’s report gives no general balance shei t,
nor the cost or value of its miscellaneous invest¬
ments.
Of the E. & Amboy mort., $5,000,010 have
been issued to L. V. Company.
A comparative
statement for three years is as follows:

1875-6.
1876-7.
1677-8.
♦Coal (tone) moved... 3,951,513 4.362,124 3,i4-\616
Gross income
$7,049,646 $7,100,218 $'», 186,021
expenses..

3,842,750 3,162,822

2,45i-,926

$3,208,896 $3,937,3^6 $3,729,' >94

27,228,920 27,228,855 27.226.855
24,186.000 24,301,000 24, 08,00)
Floating debt
460,208
6:15,813
68U.813
*
Anthracite.
(V. 24, p. 110; V. 25, p. 263;
V.*6,p.67, 340; V. 23, p. 95.)
Little Miami.—This company leases the Columbus
Jk Xenia, and both are leased to
Pittsburg, Cincin¬
nati & St. Louis, guaranteed by Penn.
RR., lessees
•warning interest payment on bonds and 8 per cent
on stock.
Net earnings, 1878, (L. M. & C. & X )
.$275,177. (V. 24, p. 420; V.
p. 378.)
Ponded debt

Little Rockdb Fort Smith.— Foreclosed Dec
10,1874.
Re-organized and stock issued for old bonds. Land
grant about 1,000.000 acres. Land note« ou stand¬
ing, $385,201. Net receipts, ls77, $114,126.
(V. 25,
p. 68; V. 26, p. 549; V. 28, p 401.)
Little Schuylkill.—Leased and operated

Dividends, 7

by Phila¬

per cent.

Logansport, Craiofordsville & S. W. of Ind.—De¬
cree of

sale made.
The total liabilities. September
1875, reported at $4,097,000, of which $322,000 were
receiver’b certificates. (V. 22, p. 63; V. 23,
p. 428;
V. 28, p. 120.

1££0M0 Island.—Gross earnings,

year ending Sept.
1W, 1878, $1,497,914; net earnings, $497,895. This




.

.

....

1,000
50
500 Ac.
100 Ac.
50

500
.-.

.

1,000
1,000

6*2
6^
800
284
284

....

1,000
£200
£200
100

1,000
1,000
1,000
1,000
100
100
100 &c.
....

....

....

....

100
100

500 Sic
....

....

....

....

....

....

....

100

1,000

1,000

1878

1,000
25
....

....

1,000
1.000
250 &c.

1,000
....

1,000
1,000

....

—

142, 653; V.27.
423, 477.)

p.

7
8 g.

‘

T. & J.
J. & J.
A. & O.

Q.-F.

7
6
7

<

250,000

600,000
100,000

1^
6
6
7
6
7

1,000,000
7.070,000
2,000,000
3,500,000
2,304,720
600,000

7

7 g.
7
6 g.

2^2

400,000

7
7
7 g.
7
5

370,000
600,000

1,480,000
1,000,000
3,620,120
3,903,300
1,100,000

7
6
6 g.
7
6
6
6
6
6 g.
7
7
7 g.
7
8
8
7
4
7
4
7
8
6

756,800
633,000
425,000
217,300
1,166,700
150,000
300,000
2,450,000
1,050,000
2,500,000
3,000,000
4,000,000
300,000
1,125,000

.

750,000

1,760,000
2,482,000
5,312,725
1,264,000
1,000,000

.

.

250,000
2,600,000
3,155,000
3,000,000
4,500,000
18,738,204
1,501,000
556,000

6 g.
7
2

8
8

In 1877-8 gross" earnings
$2,344,242; surplus above

63, 3o4, 462, 536; V. 2*, p.

(V. 26, p.

Cincinnati.

Jan., 1.892
May 1, 1902
Ji e10,1879
May, 1883
1894

Boston.

Philadelphia Office.
do
N.

do
do

do
do

lV

July

1895

Jan., 1879
Oct., 1882

Aug., 1900
1873

1890
1884

July, 1898

.

M. A N.
A. & O.
M. & S.
J. & J.
J. & J.
A. & O.
F. & A.
A. & O.
Various
M. Si N.
A. & 0.
M. & S.
A. & O.
M. & N.
J. & D.
F. Si A.

N.Y., St. Nicholas N.Bk.
do

do

Drexel, Morgan & Co.

N. Y., Bank of America.

do

do

Louisville.
N.

Y., Drexel, M. & Co.
do

May, 1903
April, 1901
Sept., 1901
Jan., 1881
Jan., 1897
1907
Feb. 10, 1879
1880 & 1887

do

1886

Louisville.

Nov., 1880-’8o
do
Oct. 15, 1893
New York.
Mar. 1, 1907
N. Y., Drexel, M. & Co.
April, 1898
New York.
Nov. 1, 1883
London, Baring Bros.
Dec., 1901
do
do
Aug., 1902
Q.-F.
Philadelphia.
Feb., 1879
J. & J. N.Y.,M.K. Jesup,P.*Co.
1887
J.
A.
J.
M.

&
&
<fc
&

J.
do
do
O.
New Y'ork.
J. N.York, Union Trust Co.
N. Manchester aud Boston.

A.
F.
A.
J.
J.
J.
A.
A.
M.
J.
F.
F.
M.
J.
A.
M.
J.
J.
M.
J.
J.
M.

&
&
&
&
&
&
&
&
Si
&
Si
&
&
&
&
&
&
&
&
&
Si
&

0.
A.
O.
J.
J.
J.
O.
O.
N.
J.
A.
A.
N.
J.
O.
N.
J.
D.
N.
J.
D.
S.

M.
J.
J.
M.

Si N.
& J.
Si J.
& N.

Bost.,Nat. B’k Com’rce.
Bost., N. Bk. Commerce
do
do
do
do
Portland.

Bost., Nat. B’k Conrrce
Portland, Me.
Bost., Nat. B’k Com’rce.

1879

Oct., 1890
Jan., 1902
May 1, 1879

April

1*1912

1890 to 1891

Oct., 1900

July, 1898
July, 1901
July, 1891
April 1, 1883
Oct.

1, 1895
May 15, 1890
July 1, 18 9
Aug. 1, 1891
Aug. 1, 1891
May 1, 1890
July 1, 1890
April, 1908
May 1, 1896
Jan., 1879
Balt., Merch. Nat. Bunk Dec. 1, 1904
do
do
May 1, 1879
do
do
Jan. 1, 1900
N. Y., Company’s office.
June 1, 1892
New York, City Bank.
Mar. 1. 1908
Belfast and Boston.
Boston, Bost. Nat.B^nk.
Balt., R. Garret & Sons.
Loudon.
Balt., R. Garret & Sons,
do
do
do
do
do
do
do
do

Janu’ry
J.

Si J.

N.Y.,R.T. Wilson* Co.
do
do

do
do

N.Y., H.Talmadge &Co.
do

do

N.Y., Central Trust Co.
-

J. Si J. Grand Central, Office.
A. & O. N. Y., Union Trust Co.
A. & O.
do
do

May

1,* 1880

Jan. 1,1885
Jan. 1,1916
Y earl}'—’79-8 3

July, 1907
July, 1908

i, i879

Feb.
Oct. 1,1882
Oct. 1,1882

Mansjiild db F>amingham.—Leased to Boston,
Clintoif & Fitchburg, at 25 per cent oi
gross earn¬
ings. Consolidation made June, 1875. (V. 20, p.
615.)
Marietta db Cincinnati.—Capital stock is $14,000,
COO.
Gross earnings for 1876 -latest published)

$1,637,052; net earnings, $345,181. Pefau.t
made in lb77 and a receiver was appointed in
suit to foreclose the 4th mortgage, which is
nearly
all held by B .It. & O. R.R. Co. For
coupons over¬
due on each mortgage see V. 28, p. 4 1. (V.
25, p.
308, 335,5.9; V. 26, p. 216, 342,496; V. 28, p. 401,452.)
were
was

Marquette, Houghton db OMonagon.—Ii tcrest

in default aud

new

bonds

was

issued, as above, in
place of old. The stock is $2, -06,600 common, and
<2,259,026 preferred. Gross earnings, 1-78, $565,452;
net, $.'99,181.
Lands amount to 425,000 acres,
chiefly timber.and mineral. (V. 28, p. 222)
were

Memphis & Charleston—This road was leased in
Juue, 1877, to theE Tenn. Va. & Ga. RR. Co. for net
laruings. See full account in V. 26, p. 115. Of the
new con.-ol. mortgage $:,400 0.K) is secured
by old
Tenn. State hen for $l,73->,906, assigned to a trus¬
tee, and enough is reserved to take up 1st and 2d
mortgiges.
Net earungs year end.ng June 30^
1878, $307,0J0. (V. 26, p.llo; V. 28, p. 2<1.3

Memphis db Little Rock.—Sold April 28, 1877, and
Gross earnings, 1877, $492,107; ex¬
penses, reconstruction, &c., $497,637.
The laud
grant is about l,i 0‘,000 acres, ihe general mortgage
reorganized.

Mahoning Coal.—This coal road runs from An¬
dover. O to Youngstown, O., and is leased to tue
Lake Shore & M. S. for 23 years from
May, 1873, at
40 per cent of gross earnings.
,

Manchester & Lawrence.—Formerly operated with
the Concord RR. as one line. Net
earnings 1877-8,

$100,458 against $100,415 in 1876-7.

V. 27, p. 66.)

(V. 25,

p.

39;

Maine Centred.—The total earnings for the year 1878
$1,440,661; operating expenses: $84'‘,704: net
earnings, $599,936, aeainst $653,696 in 1877. (V. 26,
were

p.

1898 & 1923

.

7
7
7 g10
4

1,951,000

earniugs, 1676, $31,896.

Cincinnati.

Y., Bank of America.

M. & N.
M. & N.
.

7
7
7
6
7
7

106,500

Portage.—Controlled bv Chic. Mil. &

Gross

Philadelphia Office.

Y., Jones & Schuyler.
Coinpanv’s Office.
F. & A. N.Y., St. Nicholas N.Bk.

Macon db Augusta.—Leased and operated by the
Georgia Railroad, which guarantees all the bonds
except $103,0)0 of first mortgage. Gross earnings,
1977-3. $99,787; expenses, $104,tC7. To be loreclosed. (V. 26, p. 46$; V. 27, p 252.)
Madison

do

....

Lukens Valley.—Leased to Summit Branch Rail¬
road at $62,500 per annum. (V
25, p. 113.)

St. Paul.
453.)

do

Various

interest, $664,391. Nashv. & Dec. is leased, and
liabilities for the S. & N. Ala. are assumed. Pur¬
chased Evansv. Hcnd. & Nashv May, 1879. (V.
26,
p.

Feb., 1897

Q.-M.

Louteville, Ciruynnaii & Lexington. — Sold in
foreclosure Oct. 1, ’77,for $731,0J), to 2d mort. bond¬
holders, subject to above liens. New co. organized
with $2,100,000 stock.
(V. 25, p. 16, 335, 3a 6, 433,
533; V.27, p. 302 ; V.23, p. 41.)
-

Apl. 15, 1879
Juue, 1898
Sept., 1910

M. & N. N

leased ihe Flushing North Shore &
Central, and the Southern of Long Island, and af¬
terward went into Receiver’s bauds October, 1877.
(V. 25, p. 334, 432, 510; V. 26,° p. 290, 392; V. 28, p.
17, 224, 453.)

Louisvxlle & Nashville.
$5,607.598, and net

Philadelphia, Office.
Reg. atoffice, cp.B’kN.A
Philadelphia, Office.

J. & J.
M. & N.

company

were

Stocks—Last
Di vidend.

....

7

750.000

....

1872

Where Payable, and by
Whom.

....

1,243,400

....

....

J. & D.
M. & S.
J. & D.

6 g.
6
7
7
2
6
6

496,500

....

1878
1878

Q.—J.

492,000
1,500,000
3,300,000
175,000
150,000
1,121,500

333,000

1,000

....

F. & A.

i
6
7

3*2

1,000

....

1,000

....

r

2,646,100

1,000

....

1856
1863
1863
1877
1868
1873
1871
1S72

1854
1867
1877
1877
1877

Payable

5,000,000
6,000,000
13,508,000
Held by L. V.
1.697,000
1,545,000
4,636,000
1,491,000
525,000
5,000,000
2,650,000

3,000,000
275,300
9,003,218
849,000
225,000
77,000

100 Ac.
100

5^
50
109
292
181
272
292
133
133

When

Cent.

....

500
500
500

1869

....

.

Rate per

....

....

30

.

500

N. Y. City)—Stock.

New Jersey as a coal road.

delphia & Reading.

•

....

1st mortgage, convertible, sinking fund.
1st mortgage, convertible

income

-

....

Michigan Cchtral— stock

Net

-

....

mortgage

Capital stock

.

33
22

4tL mortgage
Bcioto &Hocking Valley RR., 1st mortgage
Balt. Short Line, stock, 8 p. c. guar by M. & C...
do
do
1st mort., guar, by M. & C
Cincinnati & Baltimore RR., stock
do
do
1st mortgage
Marquette, B. <£ O— 1st mort., I’d gr., M.& O., cou
New mortgage
Memphis & Charleston—stock
1st mortgage, Ala. <fc Miss. Div., convertible

Operating

.

....

....

.

.

1,000
1,000

1872
1860-1
1870
1868
1871
1861
1863
1865
1870
1869
1861
1861
1866
1870
1873
1866

Androscoggin Railroad, Bath City loan

.

1853
1864

....

38

Portland & Kennebec, 1st mort., extended
do
do
consolidated mortgage
Belfast & Moosehead, 1st mortgage
Mansfield <£ Framingham—1st mortgage
Marietta & Cincinnati— 1st mortgage, dollar
let mortgage, sterling
v.
2d mortgage

1,000

....

19
„

....

1867
1869
1870
1872

355
.

1,000

50

....

....

.

1.000

....

1860
1864
1868
1879
1873
1871
1871
1851
1867
1877

158

.

1,000

(

....

95

Manchester & Lawrence—Stock
Maine Central—Stock
1st mortgage, consolidated
Bonds ($1,100,000 loan) A. &. K. RR..
Extension bonds, 1870, gold
Maine Central loan for $1,100,000
Leeds & Farmington Railroad loan

.

1877
1870

1st mortgage, Gleucove Br

Memphis Si Ohio, 1st rnort., sterling, guar
Memphis * Clarksville br., 1st rnort., sterling
Luketis Valley—Stock
Macon & Augusta— 1st
mortgage
2d mort., endorsed by Georgia Railroad
Madison <6 Portage—1st mort., cold
■Mahoning Coal— 1st mortgage, coupon

$300,000
27,228,855

50

....

....

Lebanon branch, Louisville loan
Lebanon branch, 1st mortgage
do
extension, Louisville loan
Cecilian Branch, 1st mortgage
Consolidated 1st mortgage for $8,000,000
2d mortgage bonds, gold, coup

$....

1875

158

1st mortgage, main
2d rnort. for floating debt
Newtown Si Flushing, guar
New York Si Rockaway, guar
Bmithtowu Si Port Jefferson.
Louise.Chi. <£Lex— Louisv. l’n(toLouisv.*Frankf.)
Louisville Cincinnati <fc Lexington, 1st rnort
New mortgage, coupon, for $1,000,000
Louisville <6 Nashville— Stock
Louisville loan, main stem (no mortgage)

Outstanding

....

....

g.

.

INTEREST OR DIVIDENDS.
Amount

Value.

1868
1870
1873
1877
1872

19
196
81

1st mortgage
Btreet connection bds (jointly with Cin.& Iud.RR.)
Little Rock & Fort Smith—New stock
1st M., ldgr’t (750,000 acs) s.fund (for $3,000,000)
Little Schuylkill—Stock
1st mortgage, sinking fund, extended 1877

or
Par

....

101
101
232
GO

Lcurisburg Centre <£• Spruce Creek— 1st mortgage...
Little Miami—Stock, common

Size,

1867

15

301

Easton & Amboy, 1st mortgage (for $10,000,000)
Delano Land Company bonds, endorsed

2d

[Vol. XXVIII.

great favor by giving immediate notice of any error discovered In tliese Tables.

For explanation of column
headings, &c., see
at the head of first page or tables.

3d

BONDS.

341; V. 28, p.325.)

8 per cent after 1882.
Metropolitan (N. Y. Ci y).—Thi8 is the eDvated
road form-rly kuow.i as the “Gilbert.” E n.ing*,
June 5, .8 8, t > Jan. 1. 1879. $63^,759; net, $349,089.
(V. 27, p. 146, 62 1 ; V. 28, p. 42, 112, 253, 327, 526.)
Michigan Central.—The fiscal year ends with
Dec.mber 31.
For the year r8<e g oss earnings
were |6,872,094 on main line and branches;
net
income over interest, &c
$2.564,855. The Jackeon, Lansing & 8ag. debt is assumed by Mich-Oent.,.
which also pays $70,000 per year on the stock, onepays

,

May 31,

Subscribers will coufer a great favor

explanation of column headings, &c., see notes
at tlie head of first page of tables.

Michigan Central—( Continued)—
Consolidated mortgage (for $10,000.000)
Michigan Air Line mortgage
Michigan Air Line 1st mort.,assumed by M. C...
Equipment bonds
Kalamazoo & South Haven, 1st mort., guar

-

1876.It

gold, on road and laud...

2d mortgage, income, (for $10,000,000)
Booneville Bridge bonds, gold, guar
Hannibal & Central Missouri, 1st mortgage.....

annum)..

1*872

118
116

1872
1865
1870
1871
1870
1875

236
126
127
140
27
93

15
100
100
786
182
100
786
786

sterling
Gainesville & Tex.)

Newcastle <£ Beaver Valley—Stock
New Haven db Derby—1st & 2d mortgages

third of which it owns; the proceeds of J. L. & S.
lands go to pay bonds. (V. 26, p. 549.) Interest, was
passed on the Detroit & Bay City bonds, not guar¬

anteed, Nov., 1875. D. & B C. net earnings in 1877
were $9:,2S1.
(V. 26, p. 417, 5 4,653; V. 27, p
615; V. 28, p. 473.)
Milwaukee db Northern.—Two coupons were paid
in stock, but cash payment was resumed in Jnly,
is leased to Wisconsin Central.
(V. 28,
p. 4j3.)

Milwaukee, Lake Shore db Western.—Sold in fore¬
closure for $2,509,788, Dec. 10, 1875, an l purchased
by bondholders, who made this new first mortgage
for $750,000. Gross earnings 1876-7, $213,930; net,
$oO,418. (V. 25. p. 308; V. 27, p. 252, 357.)

Haven.—Leased to Philadn’pbia & Reading, May 1S64, for 999 years; 7 per
Mine Hill db Schuylkill

cent dividends on stock.

Minneapolis db St. Louis.—This road was com¬
pleted in 1877. The bonds of the $1,100,000 mort¬
gage. numbered from 1.101 to 1,4)0. f<>r $501 each,
($150,000 in all) are guaranteed by the Burl. C. R. A
Northern Railroad. The bonds on the 15 miles
were issued by the Minneapolis A Duluth RR.

Mississippi db Tennessee.—*Gross earnings 1877-9,
$378,780 ; net, $17^,934, against $812,768 in 1876-7.

The debt is consolidated as above. Floating debt
Sept 30. 1878, $106,730. an increase of $31,532. (V.
*5, p. 154, 617; V. 26, p. 39; V. 83. p. 95.)

Missouri, Kansas db Texas.—Latest report, V. 28.
P-398. Gross earnings 1878, $2,931,681; m*t, $471,«58, against $1,049,664 in 1877 and $1,371,^83 in 1876.
Annual interest charge now (under adjustment) is
The M. K. & T. bonds and U. P. S.

Br. bonds draw 5 per cent in 1879- 81, but coupons
on the consol, mort. are
unpaid since Feb., 1878.

p.

1,100,000

1,000
1,000
1,000

1,060,000
1,100,000

1*86*8

(V. 26, p. 365,

426, 514, 603, 653;

1,000
1,000
1,000

1870

1871-3
1876 / 500 &c.
1873
1,000
1870
1,000
100

186*8

1,000

1871

1,00$.

1872

500 &c.

l*,6*0*0

1876
1873
1869

1,000
1,000
100

**2*3
137
84

34

137

1,000
£225
100 &c
£100&c

1871
1871

1875

discovered in tliese Tables*
Bonds—Prinoi

*■

1,000

*‘*2*5

57
133

1*87*3

1,000

1877

1.000

1877

1,000

1870
1867

i*,6*o*o

44
15
13

500
.

1*8*73
1*877
1869

68&70

100

*i*o*o
1,000
50
500 &c.
50
500 &c.

500,000
15,000,000

5,000,000
3,000,000
234,000
573,000

4,991*000
5,050,000
1,025,000
6,560,295
1,000,000
1,100,000
4,700,000
320,000
300,000
1,512,000
1,837,000
206,000
800,000
200,000
2,000,000
1,836,000
1,300,000
800,000
'

605,000
525,000

N. Y., Union Trust
do
do
do
do
do
do
do
do
do
N.
do

Jan. 1,1890
1890

April 1,1883
Nov. 1,1890
Nov. 1.1890

July 1,1886
July 1,1879
Jan., 1879

May 1,1902-3
1902

July 1,1885
May 1,1890
Sept. 1,1891
Deo., 1901
June 1,1895

Jan., 1879
Jan.
Feb.
Jan.

1,
1,
1,
April 1,

8

J.

mont’ly

Jan.,

Co.

i*899

June, 1903
1904-1906

April 19.1911

May 1, 1906
May, 1890
Aug., 1888
July, 1891
May 1, 1892
Feb., 1885

Y., Company’s Office
do
do
do
do
St. Louis.

Y., Company’s Office.

N.

& J.

1907
1927
1907
1902

July 1,1902

bYol

M. & N. N.
A. & O.

Oct. 1, 1893
Jan., 1889

New York.

Y., Nat. City Bank.

4

N. Y., Drexel,

212

Feb. 4,1879

M. & Co

Dec.
Nov.

7
7
7 g.

312
7
7
7
7
7
7

1876 and '83
1883
1901

F. & A. New York, Co.’s Office
do
M. & S.
do
N. Y., Union Trust Co
Q-J
J. & J. N. Y., Del., Lack & W.
do
do
M. & N.
do
do
F. & A
do
do
J. & J
do
do
F. & A.
do
do
A. & O.
do
do
J. & D.

1890
Jan. 2,1879
1914
1891
1900
1889

&
&
&
&

1877-1882

Oct., 1901
June 1,1915

'7
1 1r
4
6
7
6
6
3
7

lg-

Is-

7
5
7 g.

(?)
7

Montclair db Greenwood Lake.—Re-organization of
old Montclair road sold in foreclosure. Road sold

1873. (V. 28, p. 67 600, 625, 653; V.
172, 192, 228, 252, 303, 357, 383, 434,

462, 539, 63, 652.)

Monticello db Port Jervis.—Defaulted in 1873. Sold
(Y. 20. p. 359, 383; V. 21, p. 39, 592.)

July 7, 1875.

Morris it Essex.—Leased in perpetuity to the
Delaware, Lackawanna A Western. The lessees
assume all liabilities and pay 7 per cent on stock.
Net. earning* of the road in 1877-79, $182,328. (V.
26, p.191; V. 28, p. 451.)

Nash., Chatt. db St. L.—Gross earnings of 1877-8,
$1,871,808; expenses, $1,070,270; net earnings, $801.
588. The following payments were made m addi¬

1,1883
1,1883

New York.
N. New York and London
Mobile.
N.
London.
N.
J. New York and London
Mobile,
& N.
do
March

Q-M.

al.
M.
M.
J.
M.

Mobile db Ohio.— Plan of adjustment (see V. 23, p.
451). Gross earnings year ending Aug. 1, 1878,
$2,038,540; net, over all expenses, *876,321. (V. 26,
p. 166, 256, 344, 496, 653; V. 27, p. 330, 487.)

operating expenses :

* & “j.

8

Mobile db Montgomery.—Sold in foreclosure, No¬
vember. 1874, and stock issued to old bondholders.
Old mortgage debt vet out, $275,000. Gross ea-n’gs,
1878, $680,183; net, $258,390. (V. 26, p. 418; V. ia,
p. 327.)

tion to the

May 1,1902

N N. Y., Union Trust Co.
do
J
do
do
N.
do
O
do
do¬
do
do
N.
do
N.
do
do
do
J
do
do
S
do
do
J,
do
do
N.
do
N,
do
do
do
J.
do
N.
do
do
do
S,
D. N.Y., Merch. Exc. N.Bk.
D. N. Y., S. S. Sands & Co.
J. Philadelphia, P.& R.Co.
J. N.Y., Continental N.Bk.
do
do
D.
do
do
N.
O. N. Y„ Imp. & Trad. Bk.
do
do
J.

7
7
6 8-

Mobile db Girard—The Central Railroad
of
Georgia endorses these bonds, and holds the 4 per
cent mortgage bonds for advances made. (V. 23,
p. 549; V. 24, p. 542; V. 27, p. 434.)

again Oct. 12

Stocks—
Dividend.

Payable, and by
Whom.

V. <fe A. N.
I. & J.
M. & N.

Missouri Pacific.—Gross earnings in 1877, 33,934,442; operating expenses, $2,324,355; net $1.660,0£6.
Reorganized after the sale - of the road under 3d
mortgage, Sept. 6,1876, for $3,000,000. Default was
made on Carondelet Branch bonds, October 1,
1877, and compromise bonds at 50 per cent were
offered January, 1878. (V. 26, p. 41; V. 27, p. 68;
V. 28, p. 18.)

27, p. 16, 68, 95,

Where

•

pal, When due.

.

53,000
700,000

&
&
&
&
&
&
&
&
J. &
M. &
M. &
J. &
M. &
M. &
J. &
J. &
J. &
J. &
J. &
M. &
A. <fc
J. &

X

769,920

1,800,000

M.
J.
M.
A.
M.
M.
J.
M.

J.

1,517,300

10*0* *&c.

1871
340
75
30
122
122
122
54

250,000
300,000
800,000
2,794,800
5.320.600
977,550
5,643,000

100 &c,

1*864

3*4*5

4m
4,sev,ooo

WThen

Payable

l g-

800,00tt£»

1,451,207

500 &c.
1866
various
1,000
1871
1,000
1871
1,000

3*2
7 g.

7,000,0^00
AooJ076,00,P

10*0* &c.

50
250

1875

21,405,000
2,433,000
349,000
14,752,000
6,068,600
1,000,000
800,000

1,668,000

1,000

8
8
8
8
8
8
7

380,000

1,000

187*0

16%

Nesquehoning Valley—Stock

Land grant is abont 4.565,142 acres.

500 &c.

100

2^

2,134,000

1877
1877

1877
1877

7
8
8
8
8
8
8
8

613,000
1,943,000

1,000

50

Rate per
Cent.

1,094,000

187*7

1,000

516

40

New 1st mort. (for $0,800,000) coup*
Bonds of N. C.& St. L., 1st mort. on two branches
do'
1st mort.on Tenn.&Pac
do
Nashville db Decatur—Stock, guar’d 6 p. o. by L. & N.
1st mort. guar. s. f
2d mortgage
Nashua <& Lowell— Stock
>...
Bonds for freight depot (gold) —

Newark, Somerset <& Straitsv., O.—1st mortgage

1,000
50 &c

*1*0*0

21

Special real estate mortgage

Nebraska— Consol, mort., guar

1,000
1,000

1*8*6

84

Naugatuck—Stock

100

750,000
3.969.600
455,000

1873
1853

Nashville. Chattanooga & St. Louts—stock
Bonds to U. S. government, 2d mort
Bonds endorsed by Tenn




ii8

1877

$3,022,517.).

Convertible bonds
Construction bonds
Gen. m. & 1st on Boonton Br. &c. (guar. D.L.&W.)
Consol, mort. (for $25,000,000) guar. D. L. & W..

V.28,p. 145, 173, 298.)

1,000
1,000
1,000
1,000

85

sinking fund

^92. 470, 583, 648, 625, 653; V. 27,

81

1870
1870
1866
1869

200,000
556,000
640,000
70,000
1,000,000
500,000
491,200
424,000
1,906,000

15^

Montccair <& O. Lake.—1st mort. ($700,000)
2d mort. (issued for old firsts)
Monticello <& Port Jervis—1st mortgage.
Morris <£ Essex—stock

$776,398, gold.

1,000
1,000

299

1st mortgage, sterling
Interest bonds
Interest bonds, sterling
Tennessee subs., 1st mortgage,

1st mortgage,
2d mortgage

1*874

299
283
283

Carondelet Branch, 1st mortgage
Mobile <£ Oirard—2d mort., end. by Cent. Ga. RR..
3d mortg. bonds issued to Central R. R. Ga

Special mortgage (Mississippi,
2d mortgage.
New mortgage

$8,000,000
1,900,000

*7*6

Missouri Pacific—Stock

Mobile <& Montg.—Stock, (Authorized
Mobile <£ Ohio—Stock
Convertible 8 per cent bonds

$1,000
1,000

39
84

Schuylkill Haven—stock
Minneapolis d• St. L.—1st M., Min. to Sioux C. June
1st mortgage, Sioux City June, to Iowa line
1st mortg., Minneapolis to White B. Lake, guar
Mississippi (6 Tennessee—1st mortgage, series “A”.
1st mortgage, series “ B, ” (a second lien)
Missouri, Kansas <£ Texas—stock
1stm., gold, sink, fund, onroad and land (U.P.S.Br)
1st mortgage, gold (Tebo. & Neosho)

Amount

Outstanding

1872
1869

*39

Mine Hill <£-

1st mortgage, gold
2d mortgage (sinking fund $50,000 per
Real estate (depot) bonds
Debt to St. Louis County (no bonds)
3d mortgage

Miles Date 3ize, 01Par
of
of
Road. Bonds Value

103
10

2d mort., guar
Grand River Vallejr, 1st mort., guar. 5
do
do
2d mort., guar
do
do
stock, guar
Detroit & Bay City 1st mortgage, endorsed
do
do
mortgage (not guar M.C.)...
Jackson, Lansing & Saginaw 1st mort— ' coup
do
1st mort. (N. of Win.), conv. > may
do Cons. m. on whole line (300m.) J ber^
Milwaukee & Northern—1st mortgage
Milwaukee, Lake Shore & Western—1st in., gold. .

Consolidated mortgage,

by giving immediate notice of any error

234

do

do

xxiii

AND BONDS

INTEREST OR DIVIDENDS.

DESCRIPTION.
For

STOCKS

RAILROAD

1879. J

Oct. i‘,‘i878
1881 and *91

A. & O. New York & Nashville
N. Y., V. K. Stevenson
J. *& “j.
J. & J. N. Y., V. K. Stevenson
New York.
J. & J.
J. & J.
do
J. & D.
J. & J. N. Y., Drexel, M. & Co.
A. & O. Nashville, Co.'s Office.
Boston & Nashua.
M. & N.
Boston.
F. & A.
J. & J.
Bridgeport, Conn.
Boston.
A. & O.
M. & S. Philadelphia, Co.’s office
M. & N. N. Y., Union Trust Co.

July 1,1913

Jan. 1. 1917
Jan. 1, 1917

.

Dec., 1878
July 1,1900
Oct., 1887
May 1, 1879
Aug. 1, 1893
Jan.15,1879
Oct. 1, 1896
Mar. 1, 1879

1, 1889
April, 1879

Nov.

Newcastle, Penn.
Various N. Haven, E.S. Scranton

Q-J.

1898 to 1900

Interest on bonded debt for the year
$452,400
Interest on floating debt and exchange
14.887
Tax< s
23,534
Two dividends of \y£ per cent, each
131,505
Cost of steel over iron nils
32,207
Cost of extra ties used in laying 32 miles
steel rail, 600 to mile extra
5,100
Cost of iron bridges
30,611
25 Nashv. & N. W. bonds, due July, 1878...
25,000
Minor items
25,412

$740,746

Total
The debt to United States

and

bonds endorsed

by Tennessee are secured by deDOsit of 1st mcr*,.
bonds.
(V. 25. p. 357, 4TC, 483; V- 26, p. 523; V.
27, p. 146, 275.)
Nashville db Decatur.—Leased May 4, 1971, toLouisville & Nashville Co. for thirty years, lease

guaranteeing interest on bonds, and 6 per cent
yearly on stock.
Nashua db Lowell.—Net receipts in 1877-3, $96,750
Notes out are $225,000.
(V. 24, p. 564; V. 26, p
634.)

Naugatuck.— Net earnings 1877-8,
25, p. 616; V. 27, p. 566!)

$197,170. (V.

Nebraska.—Formerly Midland Pacific.
The old
were to be exchanged for these guar, by tbs
Bur. A Mo. in Neb., to which the Nebraska road is
leased. See V. 25, p. 335, 641.
bonds

Lehigh Coal
of 10 per cent

Nesquehoning Valley—Leased to the

A Navigation Co. at a yearly rental
dividend on the capital stock.

Newark Somerset db Straitsv.—Leased to Sandnaky
Mansfield A Newark. Guaranteed by Balt. A Ohio.
New Castle db Beaver

Valley.—Leased to Pitts¬

burgh, Fort Wayne A Chicago, and lease transferred
to Penn. Company. In 1878 paid 24 per cent divi¬
dends.
>
New Haven db Derby—Net earnings 1876-7, $46,499
New Haven city guarantees the $225,000 2d m. bonds

RAILROAD

XXIV

Subscribers will confer

a

Miles

Date

100
92

New Haven <£ Northamp. (canal RR.)—Stock
Mortgage bonds, coupon

tax free, coupon

or
Par
Value.

.

10
80
80
37
78
100
100
100
140

(for $1,500,000;

1st mortgage bonds
2d mortgage
N. O. <£ Mobile.—1 st mortgage
N. Y. City <£• Northern—1st mortgage
N. Y. <& Canada— 1st M., sterling, guar. D.& H. Can.
New York Central & Hudson River—Stock
Premium bonds
(N. Y. Central)

Bonds, B. & N. F. stockholders

do

Bonds railroad stock
Bonds real estate
Renewal bonds
2d mortgage, sinking

do
do

•

•

•

....

....

....

....

Nero York <£ Harlem—Common stock
Preferred stock
Consol, mort., coup, or reg., (for

regis-

1,000
1,000

....

1854

1.000

840
840

1873

1,000

1873

1,000

15
132

1876

1,000

....

fund (Hudson River)
mortiratrp 5 $30,000,000 ? coupon or
Nftw mortgage
"ew
j £2,000,000 >
tered.
N. Y. City Elevated.—Stock
1st mortgage (for $12,000,000) $ or £

1,000
500 Ac.
£100 Ac
100
500 Ac.
500 Ac.

1853
1854
1853

....

....

100
100 &c.
500 Ac.

1874

•

•

100
50
50

....

....

•

$12,66d,o66)

IS'*

1872
^5! 861

Sinking fund

1,000
500 Sic.
100
100

N. Y. Lake Eric d- TVest.—Stock, com., assented
Preferred stock, assented
1st mortgage (extended in 1867 to 1897)
2d mortgage, convertible (extended to 1879)
3d mortgage
•.
4th mortgage, convertible
5th mortgage, convertible
Buffalo Branch Bonds

*3* 1,000
1,000

Bong Dock Co. mortgage
1st consolidated mortgage, gold
do
do
funded coupon bonds .
N. Y. L. E. A W., new mort., gold, 1 st lie:*
do
do
do 2d consol
do
do
do
do fund. coup,
do
income bonds (non-cumulative).

459

Erie)—Stock.

139
80
139
141

N. Y. <£ Nero England (Bast., Hartf. <£
1st mortgages, old
1st mortgage, new

New York, New Haven, d* Hartford—Stock
Harlem A Portehester, 1st mortgage guaranteed.
N. r. <£• Osiccgo Midland—1st mortgage, gold
N Y., Prov. <£- Boston—(Stonington)—Stock
Extension mortgage
First mortgage

North Carolina—Stock, common
Preferred stock

Mortgage bonds
Northeastern (S. C.)—Stock, common
Pref. stock (8 per cent) exchangeable for
let mortgage, new
2d mortgage, new

2d mort.

North Pennsylvania—Stock, guar
1st

mortgage
2d mortgage
1
General mortgage bonds
Northern Central—Stock
1st mortgage, State (Marjiand) loan
2d mortgage, sinking fund, coupon

652f V 23, p. 326 )
New Jersey dfc New York.—Consolidation of the
Hackensack & N. Y. and Hackensack Extension.
The old bonds are about $3ii0,009.
Hackensack
branch sold May, 1878. (V. 24, p. 136, 158, 249, 299,
321; V. 25, p. 255.)
Nw Jersey Southern.—Sold in foreclosure March
31, for $752,100, to bondholders. (V. 28, p. 146, 173,
p.

v

Northern.—Operated nuder lease till

1891 by Vermont Central for $150,000 a year. Net
earnings of road in 1677-8, $170,431. (V. 27, p. 537.)
New Orlearis, Mobile & Texas.—The Western DiBion was sold Nov. 18, 1874, and the East. Div. is

operated by the mort. trustees. Int. in default since

1872. Gror-s earnings. 1677, $730,OH); net. $390,655;
and less extraordinary expenses, $158,460. (V. 26.
p. 34 1, 392, 575.)
N. Y. City & Northern.—A re-organization of
N. Y. & Boston. (V. 27, p. 172.)

New Yoi'k <fc Canada.—The bonds

guaranteed
by the Delaware & Hudson Canal Co. (V. 25, p
615; V. 27. p 602.)
are

York Central & Hudson River —The. mort¬
was to retire prior debt,
ana the balance for third and fourth track, &c.
The Harlem RR. was leased April, 1873. The follow¬
New

gage

loan for $40,<€0,000

ing is

a

comparison of earnings, Ac., for five
Gross

Net

Funded

years:
Cost of r’d

Receipts.

Receipts.

Debt.

& equip’t.

1877-8. $28,910,555 $12,774,578 $40,433,283 $99,894,095
1876-7
26,579,085 11,632,924 40,335,445 99.142.408
1875-6
28,046.588 11,922,417 40,401,263 97,822,811
1874-5. 29,027,218 11.765.111 40,003,067 96,355.774
1873-4. o'i.690,388 13,262,069 38,484,742 92,506,503
(V. 26, p. 315,575; V. 27, p. £57,652 677.)
.

.




_

.

,000

?>ob

&c.
100 Ac.

1,000
1,000
500 Ac.

1,000
500 Ac.
500 Ac.
....

....

....

1864
1876

1,000
100

1873
1869

12k
334
02
12
50
223
223
223
102
102
102
102
58
50

....

<•

’67-’68
....

.

1869
1869

....

“

.

.

.

.

....

.

500 Ac.
500 Ac.

1,000
1,000
-

1,000
1,000
1,000
100

82^2
21
21
550

■

.

1855
1865
1868
1868
’74-’75
1876
1876
.

.

.

.

'

....

1878

.

100
1879

1

**"

Payable

3
7
6

6 & 7
7 g.
7
7 g.
7

1*4
6

7
387,500
4,000,000 8 or 7 g.
7
1,800,000
6 g.
4,000,000
2
89,428,300
6
6,632,900
6
74,500
6
592,000
6
162,000
6
2,391,000
•
7
1,794,000
7
18,465,000
6 g9,733,333
tl
6,500,000
8,500,000 7 or 6 g.
3 ex.
7,500,000
3 ex.
1,550,000
7
10,500,000
7
107,704
77,107,700
8,146,700
7
2,483,000
7
2,174,000
7
4,852,000
7
2,937,000
7
709,500
7
182,600
7
3,000,000
7 g.
16,533,714
7 g.
3,718,100
6 g(0
6 g.
25,000,000
5 g8,597,000
6 g.
508,000
5,941,000
7
928,000
7
4,388,000

15,500,000
2,000,000

4,473,000
3,OOO,O00
1,000,000
3,008,400
1,000,000
400,000
43,011,267
2,000,000

Where

5
6 A 7
7 g.
2
6
7
3
3
8

A
A
A
A
A

J.
J.
J.
N.
J.

M.
M.
M.
A.
J.
J.
J.
M.
M.
M.
J.
J.
J.

A
A
A
A
A
A
A
A
A
A
A
A
A

N.
S.
S.

New York.
do
do
do

N.

Y., Co.’s office.

do
do
0.
do
D.
do
J.
do
D.
do
'
S. New York and
S.
do
N.
do
D.
do
D.
do
D.
do

M. A S.
J. A J.
J. A J.

May 1, 1897
Scp't. 1, 1879
Mar. 1, 1883
Oct, i; 1880
June 1, 1888
July lf 1891
Jan., 1893
Sept. 1, 1920
Sept. 1, 1920
Dec. 1, 1908
Dec. 1, 1969

do
do
do
do
do
do
London.
do
do
do
do
do

Dec, 1, 1969
June 1, 1977

Boston.
do

1884

Jan., 1905
Jan. 2, 1879

N.Y., Grand Cen. Depot.

1903

....

A J.

J.

In default.

July 1,
Q.-J. N. Y., M. Morgan’s Sons. May 10,
M. A N.
do
do
Mayl,
J. A J.
do
do
July 1,
M. A S. Company Shops, N. C.
Mar. 15,
M. A S.
M. A N.

do
do

4
8
8
2 s.
6
7
7
3
6
6
6
6 g.
6 g6 g.
5
6

do
do

2ig
2ig
6

M. A N.
M. A S.
M. A S.

Charleston.

1894
1879
1880
1899
1879

Mar. 15, 1879

Nov., 1888

Q.-F.

Philadelphia Office.

do

A J.

J.
M.
J.
M.

A N.
A J.
A N.
A
A
A
A
A
A
A
A

J.
O.
J.
O.
J.
J.
J.
D.

New York & Harlem.—Leased to N. Y. Central
at 8 percent per annum (payable J. & J.) on stock,
and interest on bonds. The'Fourth avenue horse
railroad and real estate was retained, and extra div¬
idends are made from profits of this line.
(V. 28,

18.)

N. Y. Lake Erie & West.(Erie).—Foreclosure of the
Erie Railway took place April 24, 1878, under the
second consolidated
mortgage.
The stocks and
bonds above are not all issued
yet. but are

given

as under the re-organization when
per¬
Toe 1-t consol, mortgage is ex c mpon of
Sept.. 1879. The funded coupon bonds are secured
by lien of consol, morig. On the 2dcon-ol., first
coupon is payable June, 1880.
The 2d funded
coupon are 5 per cents till June, 1833, and after that
6.
On the 2d and 2d funded coupon no foreclosure
can take place till six coupons are in default.
In
fiscal year ending Sept. 3 >, 1878, net income appli
cable to interest was $3,907,345.
The interest

fected.

charges each flscai year will be: 1878-'', $2,050,08*;
1879-80, $3,587 878; 18-€-31. $4,229,878, and about

following comparison is
Sept. 30:
.

Interest,

Earnings.

Income.
Rentals, Ac.
1877-8
$15,644,930
$5,718 927
$5,093,496
1876-7
14.708.n89
4,636,717
5,937.801
1875-6
15,852;461
4.308.563
5,538.194
1874-5
6,351,781
16.876,858
4.698,615
(V.27,p. 40, 173,200, 28 \m. 358 3-3, 409, 514,539, 628,
649.*78: V. 28, p. 17. 67. 302, y52. 401, 4*7.)
N. Y. & N. England.~ Formerly Bost. HartL A E.
Conveyed to the new company in July. 1875. Net
earnings. 1877-8. $155 704. (V. 27, p.'304, 358, 409,
649 ; V. 28, p., 353, 28.)
,

New York New Haven A Hartford.—Net income
int. and all charges, 1877-8, $1,554,489. (V. 25,p.

over

V. 26, p. 290; V. 27, p. 537; V. 28, p. 40.)

do

do

Jan.

do
do

do

May 1, 1896

do

New

do
do
do
London A Baltimore.

Baltimore, 1st Nat. Bk.
do

do

Boston, Office.

City, Hudson Co. B’k.

1903

July,
April,
July,
July,
July 1,

1885
1900
1900 '
1900

1904

Jan. 1, 1926
Jan. 1, 1926
June 2, 1879
In 1878

Julv, 1888

::::::::::
York &

Oswego Midland.—Foreclosure sale
Receivers’ certificates have been issued

to amount of
a

1885

Irredeemable.

1

....

1.

Annapolis.

Baltimore, 1st Nat. Bk.

....

6

Sept. 1, 1899
Sept. 1, 1899
Aug., 1879

April 1, 1876

J. A J- :J.

....

-

Baltimore A Philadel.

Q.-J.
J.
A.
J.
A.
J.
J.
J.
J.

and

640;

do
do
do

*

$3,< €0,000. General statement V. 27, pt. 280. (V.
26, p. 653; V. 27, p. 2 80, 400, 462; V. 28, p. 302.526.)

Net

Jan.

N.Y., Gr. Central Depot.

of

Gross

May 1,1879
1, 1906
April 1, 1879
April 1, 1879
May, 1900
Jan. 1, 1881

....

J.
J.
J.
M.
J.

pending.

this sum afterward.
The
for the fiscal years ending

Stocks—Last
Dividend.

Payable, and by
Whom.

N. Y. City Elevated— Bonds are payable after
1897 at 105. A 1st mort. of 1872 was cancelled. New
bonds and stock offered in March, 1879, to amount

p.

Bonds—Princi¬

pal, When Due.

New Haven,
Oct., 1873
J. A J.
do
Jan,, 1899
A. A O.
do
April ’80 A ’82
A. A O.
do
April 1,’91 A’98
F. & A.
N. Y., Co.’s Office.
1895
F. A A.
do
do
1881
M. A S. New York and London. March 1,1893
M. A N.
In default.
Nov. 1. 1889 3
New London, Office.
Q.—J.
April 1, 1879J
A. A O. N. Y., B’k of N. America
Sept., 188o
J. A D.
do
do
July, 1892
J. A J. New York, Co.’s Office.
Jan. 1, 1915
M. A N.
New York.
May. 1908
M. A N.
London, Baring Bros.
May 1.1904
Q.-J. N. Y., Gr. Central Depot. April 15, 1879
M. A N.
do
do
May 1,1883
M. A N.
do
do
May 1,1883
M. A N.
do
do
May 1,1883
M. A N.
do
do
May 1,1883
J. A D.
do
do
Dec. 15, 1887
J. A D.
do
do
June, 1885
J. A J.
do
do
Jan. 1, 1903
J. A J.
London.
Jan. 1, 1903

"

50,000
1,000,000
3,000,000
1,000,000
210,000
899,350
88,000
820,000
234,000
3,978,150
1,930,500
1,500,000
2,569,500
5,842,000
1,500,000
1,490,000
1,126,000
2,599,000
205,000

50

When

Cent.

300,000

1,000
1,000

"

"

1,296,000
885,000
260,000
3,000,000
1,500,000
916,000
2,120,000
1,500,000

8,000,000
3,000,000

100
100
500
50
50
500
500
50
500 Ac.
500 Ac.

....

-

Rate per

$2,460,000

100 Ac.
100

1860
1869

“

New Haven & Northampton.—Gross earnings,
1877-8, $5*8,199; operating expenses, $322,879. (V.
26, p. 17; V. 28, p. 40, 401.)
New Jersey Midlarol.—Defaulted after the panic of
1873 and the bondholders funded coupons, but de¬
fault was again made and receiver appointed. Net
earnings 18 8, $122.4nH. (V. 20, p. 142, <90; V. 27,

New London

.

317
138
138
138
138
138
138
138
138

sinking fund, coupon, i
Consolidated mortgage, gold, coupon
do
do
do
registered
Consol, mortgage, gold, s. fund, coup., $ or £
2d general mort., “A,” coupon
“ B,” coupon, convertible
do
Northern, N. H.— Stock
Northern of New Jersey—Stock
1st mortgage, extended
Northern Pacific—Nevr preferred stock
New land grant bonds

352.)

.

.

T^OGO

185T'
1858
1861
1863
1870
1878
1878
1878
1878
1879

56

3d mortgage,

*

<5

i

Outstanding

1,000
1,000

1872
1871
1878

•

Amount

100 &c.
100 Ac.

1865

112
•

f

.

.

1870
1870
1871
1873
1809

1,000
•

$100
1,000
1,000
1,000

1869

....

Holyoke & W.,leased, lstM.i$60,000 (»■*, ’98 guar.)
N.J. Midland—1st mort., g’ld, guar, by N.Y.A O
2d mortgage, currency
New Jersey & New York— 1st mort.
N.J. Southern— 1st mortgage
New London Northern—Stock

[VOL. XXVIII,

INTEREST OR DIVIDENDS.

Size,

of
of
explanation of column headings, Ac., see notes
Road. Bonds.
at the head of first page of tables.

Bonds convertible,

BONDS,

great favor by giving Immediate notice of any error discovered In tliese Tables.

DESCRIPTION.
For

STOCKS AND

$1.352 55*.

Settlement is m progress,
as reporte d in V. 28,

plan has been agreed to

42. (V. 26, p. 290: V. 27, p. 383. 436, 462, 487, 539,
602, 652; V. 28. p. 18. 42. 277, 302.)
New York, Providence A Boston. —Annual report

p.

for fiscal year ending Sept. 1. 1878, showed net earn¬
ings $398,115, against *358,997 in 1876-7. (V. 25, p.
591; V. 27, p. 383. 626.)
North Carolina.—Levied September, 1871, to Rich¬
mond & Danville Railroad at $26!i,000 per annum.
Dividends of 6 p. c. are paid on stock, of which the
State of No. Car. holds $3,000,009. (V. 27, p. 406,

650.)

Northeastern, S. C.— Gross earnings in 1877-8,
$36*,344; net, $162,500. (V. 25, p. 617; V. 27, p.
650.)

North Pennsylvania.—Leased to Ph*la. & Reading
for 990 years. Lessees pay int. and 6 p. c. on stock,

1879--1; 7 p. c. !8wl-3; and 8 p. c afterwards. Net
receipts 1877-8 $573,06'.(V.. 28. p. 503.)
Northern Cerdral.—Tae annual report for 1878
shows gross earn’gs, $3,723,456;.expenses. $2,* 04,497;
net, $1,118,9*9. The total net income in 1878 was
$1,510.-8*. of which $l,485,5S5 was paid for interest
and rentals, leaving a balance of $24,8 *7. Under the
general mortga e of 1S7>, $l/€u,0€ more maybe
issued, as senes “C.” (V. 2\ p. 314; V. 28, p 220.)
Northern, N. Hampshire,.—Net income fiseai year
1878-9 was $10:,372. (V. 24. p 54 J; V. 26. p. 546.)
Northern of N. Jersey.— Operated by Erie at 35
per c nt of gross < arnings
Gross earnings in 1877
were $233,486; in 1878 about $180,000. Bonds due in
1878 weie paid or extended at 6 per cent interest.
(V 26, p. 600 )
Northern Pacific.— Sold in foreclosure Aug.12,1878,
and pref. stock issued to bondholders till June 30,
1879, at tit rate of $1,400 for each $1,000 bond.
This stock is exchangeable for land at its par value.
Commou stock issued is $33,155,500.
(V. 26. p. 18,
445, 519; V. 27, p. 173, 200, 3o2, Sob, 514, 628, 653;
V. 23, p. 87, 146, 200.)
.

RAILROAD

Mayu31, 1879.J

STOCKS

BONDS.

AND

XXV

Subscribers will confer a great favor by giving immediate notice of any error discovered In these Tables.
DESCRIPTION.

Miles

For explanation of column headings, Ac., see
at the head of first page of tables.

Date

of
of
Road. Bonds.

notes

Norwich A Worcester—Stock
New

66
122
122

bonds, coupon

Ogdensburg A Lake Champlain—Stock
Preferred stock

Equipment bonds

m

Sinking fund bonds

m

393
393
148
393
393
393

fund bonds (for $1,000,000)...
Spring. Div. (Sp.AIll. SE.) 1st M. (for $3,000,000).
Cld Colony—Stock
Debenture sinking

•

•

•

•

228
269

gold bds (for $640,000)

Oi'egon A California— 1st mortgage
Oswego A Rome—1st mortgage guaranteed
Income mortgage bonds
Oswego A Syracuse—Stock, 9 per cent guar
Mortgage bonds
Consol, mortgage (guar. D. L. A W.)
Paducah A Elizabethtown— 1st mortgage
2d mortgage, income

m

118

Mortgage bonds for $600,000 (sinking fund)

Ohio A Mississippi—Stock, common
Preferred stock (7 p. c. yearly, cumulative)
Income and funded debt bonds
1st consolidated mort. ($3,478,000 are s. f.)
Consolidated mortgage, sterling
2d consolidated sinking fund mortgage

Bonds
Bonds
Bonds
Bonds
Bonds
Bonds
Omaha A Northw.—Land gr.

m

40
200

28^
35
35

:

186
186
47
47
103
75
67
1669
355

Panama—Stock
General mortgage, sterling, (£1,000,000)
Paris A Danville.—1st mortgage, gold, sinking fund

sink, f’d
Pekin, Lincoln A Decatur—1st mortgage
Pen nsylvania—Stock
1st mortgage.:
Gen. M., Pb. to Pitts., coup., J. A J.; reg., A. & O.
State lien (pay’tie in annual inst’lm’ts of $460,000)
Consol. M., coup. J. A D., A reg. Q.—M. ts. f. 1 p. c.)
Navy Yard bonds, reg
Car Trust bonds (sinking fund 10 per cent)
Pennsylvania Co.—Common stock
Paris A Decatur, (Ills.)—1st mort., g’d,

•

•mm

1877

—

39
39
105
105
46
83
83
38

Peoria A Bureau Valley—Stock

.

38
82

Petersburg—Stock

(payable $25,000 yearly)

82
82
36
36
10
287

Philadelphia A Balt. Central— 1st mort. (Pa)
2d mortgage (Pa.)
1st mortgage (Md.)

Philadelphia A Erie—Stock, common
Preferred stock
1st mort., SunburyA E. (extended 20 years in ’77).
1st

40
287
287
287

mortgage ($3,000,000 are sterling)

2d mortgage
2d mort., gold (for $20,000,000), guar by Pa. R...
Philadelphia A Reading—Stock, common

1869
1870
1877

1862
1868
1868
1871
1873

1874
1871
1860
1874
1875
1876
1877
1871
1870
1865
1866

58A64
1876
1877
1877

Mortgage loans inconvertible
Loan mortgage, convertible
do
do
sterling
do
do
do
Loan mortgage, sterling. (Extended in 1877.)...
Loan debenture
Loan mortgage
Consolidated mort., dollar loan, coupon or reg
do
do
gold, $ or £, coup
do
do
dollar loan, gold, coup, or reg

per annum on cost.
per annum.
Gross

Dividends paid of 10

per cent

earnings in 1877-8, $666,883; net
(V. 27, p. 537; V. 28, p. 200.)
Ogdensburg A Luke Champlain.—Leased in March,
1870, to Vermont Central, but lease failed and prop¬
erty reverted to owners April, 1877. Net earnings
1878-9, $123,604, against $241,9*8 in 1877-78. (V. 27,
p. 14, 200, 333; V. 28, p. 277. 526.)
Ohio A Mississippi.—There are also $97,000 of old
1st mortgage 7s, W. Div., yet out. The company
purchased the Springfield Road, March, 1875, for
$2,000,000 in bonds secured on that road. Nov. 17,
1876, receivers were appointed. Keport in V. 28, p.
275, showing net earnings of $891,467 in 1878,
against $578,123 in 1877. Interest on. 1st mortgage
is paid some months after it comes due. “(V.
27, p. 42,143, 173, 281, 304, 384,437, -462. 487, 514, 539,
628; V. 28, p. 120, 145, 200, 253, 27 5 , 323. 40*, 423,
income, $276,567.

Outstanding

$100

$2,604,400

1,000

400,000
3,077,000
2,000,000
154,000
392,000
446,000

1,000
1,000

ioo

20 000 000

100

1,000

4,030,000
174,000

1,000

6,545,850

£200

112,000
3,864,000
140,000
1,915,000
6,733,800
390,000
150,000
1,692,000
500,000

1,000
1,000
1,000
100
500 &c.

1,000

1,700,000
(?)
10,950,000

1,000
1,000
1,000

350,000
200,000
1,320,400
124,000
338,000
216,000

50
500 Ac.

1,000
1,000
1,000

1871

1,000

1870

1,000
1,000

500
50

1,000

1877
1877
1873
1873
1866

2,500,000
1,200,000
1,076,000
68,870,200

1866

3 000 000
3 000 000

1864
1870
1867
1873

779
779
779
779
779
779
779
779
779

1,000

8,000,000
7,000,000
3,200,000
1,083,000
519,000
•1,500,000
1,500,000
1,200,000
1,000,000
1,000,000
799,600
1,125,000

100

1 321 200

1,000
1,000
100
500 Ac.

1,000
100

500,000
300,000
1859
1869
1866

1857
1861
1868
1869

100 Ac.
100 Ac.
100 Ac.

800.000

400,000
300,000

£100
£500

1,000
100 Ac.

1,000

2,700,000
10,649,000

1,000
1,000

6.999,000
968,000

1,000

Gross

•




do
do
New York, Office.
London.
New York, Office.
New York and London.
N. Y., T. W. A W. RR.

Philadelphia, Office.
do

do

F.
A.
J.
J.
F.
J.

A
A
A
A
A
A
A. A
A. A
J. A
J. A
J. A

1910

Pittsburgh, Co.’s Office.

Oct., 1873

Philadelphia.

Demand.

do

July 5, 1907
July 1, 1903
July 1, 1903
June 1, 1896
June, 1906
Feb., 1879
July 1, 1894
Oct. 1, 1900
Apr. 1, 1887
June 1, 1913

do

....

J.
J.
J.
J.
T.
J.
A.

Annually.
June 15,1905

Jan., 1872

J. N.Y., Lancaster, B.ACo. Jan

Q.-J.
Q.-J.
A
A
A
A
A
A
A

J,

J.
J.
J.
J.
J.
O.
J. A D.
J. A D.
J. A D.

do

do
do

do
do

do

do

,

1879-’98
1902

Jan., 1879
Jan., 1900
Oct., 1891
•

Oct.

•

•

•

1, 1897

Phila., Pa. Life A T. Co. March 31,1881
do
do
July 1, 1888
Philadelphia A London.
July, 1920
Jan.25,1876
Philadelphia, Office.
do
do
July 25,1876
do
do
July, 1880
do
do
July, 1886
London.
July, 1880
do
July, 1880
do
July 1, 1882
Philadelphia, Office.
July 1, 1893
do
do
Oct. 1, 1893
do
do
June, 1911
Philadelphia A London.
June, 1911
Juno, 1911
Philadelphia, Office.
,

Pennsylvania A Delaware.—The lease of this road

Pennsylvania Railroad was ratified in 1874.
Previously operated under temporary lease.
to the

Pennsylvania A New York—Operated in close

the Letrgh Valley. Net earnings
Dividend of 10 per cent paid on
preferred stock of $3,500,000; common stock Is
$1,061,700. (V.24, p. IlO.)
connection with

1875 6,

$608,109.

Peoria A Bureau Valley.— Leased

perpetually to

Chicago, Rock Island & Pacific at $125,000 per year.
Peoria Pekin A Jacksonville.—In May, 1879, con¬
trol of bonds purcha-ed in Wabash interest. Re¬
ceiver appointed April, 1878.
Perkiomen.— Leased to Philadelphia & Reading.
Int. on consol, mortg., paid one-half in scrip of P.
& R. Company.

Petersburg.—Receiver appointed, May, 1877.

(V.

26, p. 41, 5i3, 653.)
Philadelphia A Baltimore Central.—Operated for
some time past in Pennsylvania by trustees of first
•mortgage bondholders. Net earnings 1878, $86,849.
Phil., Wil. & Balt, largely interested, (V. 23, p.
526.)

Philadelphia A Erie.—Leased February, 1862, for

Net

Earnings.
$11,483,550

May 1, 1879
1884, ’89 A 97
Jan. 1, 1903
July 1, 1892
Feb., 1900
May 29, 1879
Jan., 1880

1881

A.
Philadelphia, Office.
O.
do
do
I). Phila., B’k N. America.
do
do
D.
A. N.Y.,Chic.,R. T. A Pac.
J. N. Y., Imp. A Trad. B’k.
do
do
O.
O.
Phila., 227 S. 4th st.
D.
do
do
J.

2^2
3*2
6
6
5 g.
6
7
6
7
7
6 g6 g.

1880 A 1885
1907
Feb. 1,1897
Feb. 1, 1897

Philadelphia, Office.

Q.-J.

A. A O.
J. A J.
J. A J.

$1,251,516 and advances to railroads charged off
leaving $'<78,471 profit. The reg stered
bonds are secured by deposit of $4,005,000 of Pitts.
Fort Wayne & Chic, special stock. (V. 25, p. 261.)
$473,044,

N.Y., Treasurer’s Office.

....

7
6 g.

1877
1876

was

do
do

Philadelphia, Pa. RR.

dividend.

Earnings.
$31,636,734

do
do

J.

A

6 A 6 g.

1836

-

A J.

Pennsylvania.—The report for 1878 is given in V. 23,

outstanding as above. Net earnings 1877-8, $58,067.
(V. 26, p. 573; V 23. p. 402.)
Panama.—Gross earnings, 1873, $2,114,859', net,

J.

1905

1881

Philadelphia A London.
A. A O.
Philadelphia.
Q.-M. Philadelphia A London.

5,000,000

79,000
182,400
967,200
134,400
1,135,300

Nov. 1,

July 1, 1878

Q.-J.

A. A O.

1,510,500

May 1, 1883

Oct. 1, 1880
March 1, 1894

Philadelphia, Office.

p. 249, and shows surplus nrt income of $2,913,659 after paying all charges and 2 per cent
The total cost of stock-* and bonds of oth-r com

after sale of Louisvi le Paducah & 3. W ; has bonds

O.
J.
J.
A.
N.
J.

J.

1,000

do
do
do
do
do
do

A J.
A J.
A J.

Paris A Decatur.—Consolidation. Now Illinois
Midland. (V. 19, p. 351; V. 21, p. 613.)
Pekin
Lincoln A Decatur.—Leased to Toledo,
Wabash ft, Western. Sold in foreclosure June 10,
1876, and reorganized. In 1876-7 net earnings were
$54,142. (V. 23, p. 100 ; V. 26, p. 290.)

1878

A
A
A
A
A
A

7

1,000

do

due Nov., ’77
Boston, Office.

J.
J.
,T.

31,117,146
10,184,417
36,^91,060
12,&34,385
promise made with bondholders. Gross earnings
1878, $648,116; net, $237,665. (V. 20, p. 356; V. 27, (V. 26, p. 18, 95, 166, 217, 23S, 265, 277, 315, 420,
p. 358, 437.)
519; V. 27. p.42, 97, 200, 304, 332, 384, 437, 487, 514,
Oswego A Borne—Operated by the Rome, Water- 567, 678 ; V. 28, p. 97, 224, 249, 32-, 42-1, 526.)
town & Ogdensburg at 8 per cent on $30j,000 stock,
Pennsylvania Company .—The Pennsylvania Com¬
and interest on first mortgage bonds.
pany is a corporation distinct from the Penn. Rail¬
Oswego A Syracuse.—Leased to Del. Lack. & West, road, and operate ■< all the leased lines west of Pitts¬
for interest on bonds and 9 per cent oh stock.
burg. The stock is owned by the Penn. Railroad.
Paducah A Elizabethtown.—This road organized In 1878 the net income over rentals, interest, &c.,

Oregon A California—After default in 1673 com¬

April.
Q.—J.

4

-

do
coup,

A. A O.

panies owned by Penn. Railroad was $66 670,510.
A scheme to buy up the company’s guaranteed
securities with $100,0'JO per month from earnings,
and issue a 4 per cent scrip to stockholders for the
52b.)
cash so used, was adopted by stockholders on March
Old Colony — Net income over operating ex¬
26, 1878, but not carried out till November, 1878,
penses and interest, $408,428 in 1877-8, against when it
was started at $50,000 per month.
The
$407,435 in 1876-7. Leased the Boston Clinton &
Fitchb. Dec., 1878. (V. 25, p. 482; V. 27, p. 537.) following is a statement for three years on all lines
east of Pittsburgh:
P* 18.)

M.
F.
F.
M. A N.
M. A S.
F. A A.

A.
J.
J.
F.
M.
J.

1875
April.l, 1882
Jan. 1, 1898
Jan. 1, 1898
April, 1911

London.
New York, Office.

3
6
6
7
7
7
7
4
7
7
6
G g3
8
8
7
7
6

$1,079,626. Sinking fund, $731,945. (V. 26, p. 217,
341,625, t53; V. 28, p. 376, 402.)
Paris A Danville.—Of these bonds, $450,000 were
given for coal mines at Danville, which are covered
(1,230 acres) by the mortgage. To be sold in fore¬
closure June 19, 1879. (V. 26, p.592; V, 27, p.358,
437, 629, 653 ; V. 23, p. 97, 121.)

Omaha A Northwest.—Hood was sold in fore¬
closure Oct. 24, 1873. (V. 27, p. 42, 462, 514; V. 28,

A.

2,400,000
976,000

1843-9
1857

1868
1868
1871
1871
1871

F.
J.

Mar. 1,

June 1,1895
Sept. 1, 1896
A A.
Aug. 1, 1897
N. Y., Kountze Bros.
A J.
Jan., 1901
A O.
Frankfort O. M.
April 1, 1890
A N. N.Y., Farmers’ L. AT.Co.
May, 1915
A A.
do
do
Feb., 1891
A A. N. Y., Del., L. A W. RR.
Feb., 1879

6 053 700

50
50

New York, Office*
do
do
do
do

J. A J.
Various
A. A O.
M. A S.
J. A D.
M. A 8.

50

1,000
1,000
1,000
1,000

Stocks—Last
Dividend.

Payable, and by
Whom.

A O.
A J.
A J.
A O.
A N.
1st

50

3,000,000
8,680,000
32,726.375
1,551,800

1843
1867

A S.

6
6
5
6
6
13 g-

19,999,760
4,337,823
29,145,000
1,000,000

1,000

M.
A.
J.
J.
A.
M.

1*2

4 970 000

1,000

382

7
7
8
7
3
7 g.
7
7 g.
7

Bonds—Princi¬

pal, When Due.

Jan. 8, 1879
J. New England Trust Co.
8. Boston, N. E. Trust Co. March 1, 1897
J.
Boston, Office.
July 10,1876
do
O.
Apr. 1, 1878
A J.
do
Jan., 1879
do
M. A 8.
Mar., 1890
do
J. A J.
1897

A
A
A
A

4*2

3,877,808

'

Where

J.
M.
J.
A.
J.

7*30 g.
7 g.
7
7

7,000,000

When

Payable

5
6
2
4
8
8
6

7
7
6 g.
7
7
6
3
7
6
7
6
6
6

1 200 000

100
£200

1,000

1873
1875
1877

Rate per
Cent.

1,100,000

1867
1873
1872

Preferred stock

Norwich A WorcesterLeased February, 1869, to
Boston, Hartford A Erie for 100 years at 10 per cent

Amount

50
50

Judgment bonds (beld by Pennsylvania RR.)
Reg. bonds, secured by P. Ft.W.A C. special stock
Pennsylvania A Delaware— 1st mortgage
2d mortgage
Pennsylvania A New York—1st mort., guar
1st mortgage, guaranteed

1st mort. bonds
2d mortgage

or
Par
Value.

100
100

-

Preferred stock

Peoria, Pekin A Jacksonville— 1st mortgage
2d mortgage
Perkiomen—1st mortgage
Consol, mort., gold, guar. P. A R., (sink, fund)

INTEREST OR DIVIDENDS.

Size,

999 years to Penn. Railroad, but without any gnarantes of bonds.
Gross earnings. 1878, $2,921,060;
net

earnings,

$876,111.

interest, Ac., $453,056.
p.

Net deficit after paying
(V. 26, p, 166, 241; V. 28,

252.)

Philadelphia A Reading.—The report for 1877-8, f»
given at length in V. 28. p. t>& The trustees of
the general mortgage hold the mortgage of thtt
Coal A Iron Company.
In March,- 1877, propo¬

whick
Perkio¬
men
guaranteed bonds receive one-half their
coupons, for three years. In five-year 6 per cent

sitions
were
made
and accepted, by
holders of general mortgage bonds Hnd

serin; and holders of convertible and debenture
bonds take 6 per cent scrip in payment of their
coupons for five years. The scrip is convertible

AND

STOCKS

KAILKOAD

XX VI

BONDS,

[Tol. XXVIII.

Subscribers will confer a great favor by giving immediate notice of any error
DESCRIPTION.

-

For

Miles Date
of
of
Road. Bonds

explanation of column headings, Ac., see notes
at the head of first page of tables.

Philadelphia dt Reading—(Continued»—
Debenture loan (convertible 1876-92), coup
Improvem’t mort., $ or <£, sink’g fund, coup
Gen. mort., $ and £ (sink, fund 1 p. c. yearly) —
Income mortgage (for $10,000,000)

745
750
•

•

.112
95

mortgage, convertible

149
10
!149
200
200
117
33
468
468
468
468
468

(series A)
B

C
D
E
F
G
H
I
K
L
M

468
Bonds

all

468
468
468
468
468
468
468
468
468

cou¬

pon, but may
be made paya¬

ble to order.

Pittsburg, Ft. Wayne & Chic, construction bonds.
Equipment bonds (renewed)
Pittsburg dt Lake Erie—1st mortg. (for $2,000,000).
Pittsb. Titusville dt Buff.—1st mort. (W. & F.RR.)—
1st mortgage (Oil Creek RR.)
Tat mortgage (Un. & Titusville
New mortgage (Pitts. T. & B.)

50
38
25

i

Pittsb., Va. dt Charleston^-1st mortgage, gold
Portland dt Ogdensb.—1st mort., E. D., gold

New mortgage (for $3,300,000)
1st mortgage, Vermont Div., gold
Parti, dt Rochester 1st mort., s. f. (Portl. loan) “A”.
1st mortgage, equal lien
do
2d(Portland loan) sinking fund, “B”.

Portland. Saco dt Portsmouth,—Stock

mortgage, convertible, gold.
Portsmouth, Gt. Falls dt Conicay—Stock
Bands (not mort.) guaranteed by Eastern RR

1,000
1,000

19,686,000
2,046,000

10 &c.

120
30
90

3,475,897

1865
1862
1870
1876
1876
•

•

.

71
71
67
44

New bonds

97

Raleigh dt Gaston— 1st mortgage
Reading dt Columbia— 1st mortgage, coupon

39
39

2d mortgage, coupon

41
181
79
199

Reading dt Lehigh—1st mortgage (Berks Co. RR.)..
Rensselaer dt Saratoga—Stock
1st mortgage, consolidated (for $2,000,000)
Richmond dt Danville—Stock
State sinking fund loan
Bonds, guaranteed by State
3d mortgage, consolidated, coupon or registered.
New general mort., gold (for $6,000,000)
Piedmont branch, 1st mortgage
Northwestern, N. C., 1st mort., guar

-

•

,

--

1877

1,805,000

100
50
50
500

1,259,100

2*2

2,231,900

3
4
6

11,561,250

265,000
1,000,000

1,000
1,000

6,222,000
2,500,000
3,000,000
775,000
19,714,285
b,669,327
875,000
875,000
875,000
875,000
875,000

500 Ac.
100 Ac.
100 Ac.

m

m

m

m

142
49
29

m

m

M

100 Ac.
500 Ac.
500 Ac.
500 Ac.
100

100
500 Ac.

1,000

cent on stock.

Philadelphia, Wilmington dt Baltimore.—Net earn¬
ings, year ending Oct 31, 1878, $1,0 *5,103, leaving a

surplus income of $38,112 above payment of all
charges and 8per cent dividends. 6V. 26, p. 101;
V. 28, p. 67.)
Pittsburg db Conn ells mlye.—On Jan. 1, 1876. a trans¬
fer was made by City of Baltimore to Baltimore &
Ohio Railroad for $1,000,000, and the consolidated

mortgage made for £2,200,000, and guaranteed by
B. & O.
Gross earnings 1876-7, $1,388,434; net

(V. 24, p. 135.)
Pittsburg, Cincinnati db St. Louis.—This company
leases several roads and is itself controlled by the
Pennsylvania Co., which holds a majority of the
capital stock. Common stock, $2,508,000; 1st pref.,
$2,929,200; 2d pref., $3,000,000. Gross earnings in
$406,418.

1818 of road proper $3,176,370: net. $1,186,763; sur¬
plus over interest, &c,. $371,383. Loss on leased
hnes, &c.. $511,141; net deficit, $139,757. (V. 26, p.
200,445, 496, 523; V. 27, p. 97, 200, 304, 409, 5S7, 629,
4)53; V. 28, p. 376.)




Wayne dk Chicago.—This road

2,300,000
700,000
350,000

450,000
1,500,000
500,000

2,500,000
770,000
486,000
2,000,000
500,000
658,000
650,000
350,000

J. & J. London, J.S.Morgan ACo
F. A A. Phila., Pa. RR. Office.
A. A O.
do
do

6
7

J. & J.

7
7
7
7
7
7
7
7
7
7
7
7
7
7

J.
J.
F.
M.

&
A
A
&
A. A
M. A
J. &

A. &
J. &
M. &

g*
g*
g*
g.

7

6
3
6 g.
7 g*
3
4io

2*2
6
6
7
7
7

100

1871

1,000

7,000,000
1,925,000

N.

100

4,000,000

•

1867
1874

•

•

•

1,000

1873
•

•

® •

1870
1875

1,000

508,486
111,700
1,767,500
1,728,000
500,000
500,000
67,778
299,917
450,000
1,008,600
175,000
31,000

....

do
do

®

•

^

•

•

Pittsburg & Lake Erie.— The capital is $2,000,The Lake Shore & Michigan Southern Co.
subscribed for $200,000 of it. (V. 28, p. 113, 147.)
Pittsburg Titusville & Buffalo.—This was the Oil
Sold in foreclosure
re-organized Dec. 29, 1875. Defaulted August,
1878, on consol, bonds. Net earnings 1878, $184,562.
(V. 27, p. 137; V. 28, p. 18, 277.)
Creek & Allegheny River road.
and

Pittsburg Virginia db Charleston.—Road leased in

1879 to Penna. R.R.
vania Railroad owns

$34,610: 1878, $50,298.

Of these

bonds the Pennsyl¬

$500,000.
(V. 28,

p.

Net earnings, 1877,
113.)

Portland rfe Ogdensburg.—The two diririons were
consolidated March, 1875, as one company.
In
March, 1876, Company passed the interest on
its bonds, and funding proposals were offered. Re¬

Jan., 1890

1879
1879
1912
1912
1912

1912
1912
1912
1912
1912
1912
1912
1912
1912
1912

1, 1887

T,* *1896

Feb.

Apr. 1, 1882

July 1, 1890
Feb. 1,
Feb. 1,

1896
1896

April 1, 1902
Jan., 1900
Nov., 1901

May, 1891
July 1, 1887
Oct. 1, 1887
Sept. 1, 1891
Jan. 10,1879

M. & 8. N. Y., Union Nat- Bank.
J. & D. Columbia, First Nat.B’k
A J. N. Y., Nat. B’k Com’rce.
& N. N.Y., Del. A H.Canal Co.

Richmond, Office.
do

N.

Y.,City Nat. Bank.

1,*

Nov.

1889

July 15, 1873
Dec. 1, 1937
Jan.

1, 1879

July 1, 1880
1897

•

do
do
8
6*70 A. &■ O. New York or Richmond
6 g* J. A J.
London.
6 & 7
Various
Richmond, Office.
do
8
J. & J.
2
J. A J.
Richmond, Office.’
do
A. & 0.
do
8
do
do
M. & N.
7

000.

Jan. 1,1926

*

J A J.
J. A J.
M. A N.

-

1 CQO

Mch. 1, 1884

do
do
M. A N. New York and London.
J. A J. Bost., Eastern RR. Co.
do
J. & D.
do
J. A J.
Providence, Office.
do
J. & J.
do
do
do

6
6
6
6 g*

*

1892 to ’94

Jan.

do
do

,

J.
M

leased

July 1, 1908
1, 1896
July, 1882
July, 1882

Dec.

Y., Winslow, L. A Co. April 2,
do
do
April 2,
do
do
July 1,
do
do
July 1,
do
do
July 1,
do
do
July 1,
do
do
July 1,
do
do
July 1,
do
do
July 1,
do
do
July 1,
do
do
July 1,
do
do
July 1,
do
do
July 1,
do
do
July 1,
do
do
July 1,

F. & A.
Philadelphia, Office.
do
A. & O.
do
do
J. & J.
do
F. A A.
do
do
F. A A.
do
do
A. & O.
Philadelphia.
J. & J. Boston, First Nat. Bank
M. A N.
do
do
M. & N. New York and Boston.
J. & J. Boston, Columbian B’k.
do
A. A O.
do
do
do
Various
J. & J.
Boston, Office.

4
7

vania

j

J.
A.
S.
O.
N.
D.
J.
A.
8.
O.
N.
D.
0.
J.
8.

M. &

"l
7
7
7
7
7
6
6
6
6

Q.-J.
Q.-J.

J. A
F. A
M. A
A. &

8

1, 1893
1, 1897

Jan.
Oct.

Aug. 1, 1900
April 1, 1913
Agent, 57 B’way.
May, 1884

M’ntlily N. Y.
Phila., Pa. RR. Office.

1%
1%

Stocks—East
Dividend..

Philadelphia, Office.
April 10, 1879
Q.-J.
jQ.-M. Phila., Treasurer of Co. June 3, 1879
J. & J. Philadelphia & Boston. Jan. 2, 1879
J. & J.
do
do
July, 1884
A. A O.
do
do _'
April, 1887
A. & 0. Phil’delphia, Co.’s Office Oct. 1, 1892
do
A. & O.
do
April 1, 1900
J. & J. Balt., Balt. & Ohio RR.
July, 1898
F. A A. Pittsb., First Nat. Bank Aug. 1,1882

7
7

July, 1869. for 999 years, to Pennsyl¬
Railroad, at a rental equivalent to interest,
sinking fund of debt, and 7 per cent on $19,714,286
stock, which was increased at that time from
$11,500,000. The lease was transferred subsequently
to the Pennsylvania Company.
The lessees to keep
the road in repair, and also pay taxes, expenses,
etc.
Pittsburg, Foit Wayne & Chicago leases the
Newcastle & Beaver Valley and the Lawrence roads;
which in turn are leased again by Pennsylvania Com¬
pany.
New stock of $5,6t9,327, issued to Penn.
Railroad for improvements, &c.. is under article 16
of lease.
Net earnings, 1878. $3,689,196; profit to
lessee, $728,593. Sinking fund for D^iids amounts to
$2,157,755. (V. 26. p. 5*3; V. 28, p. 377.)
was

$4,391,217 $4,220,2-7
316,383,445.496, 575,
653; V. 27, p. 122, 22*, 332, 437, 540, 669; V. 23, p. j
66, 113, 328, 428, 527.)

Philadelphia, Germantown & Norristown.—Leased
to Philadelphia & Reading at 12 per

800,000
1,577,960

1,000

100

Net earnings
$3,717,161
(V. 26, p. 65, 84. 166, 2:7,

for 999 years

315,933
1,583,000

100 Ac.

Coupon bonds of 1881

....

1,155,000

650,000

.

25

580,000
500,000

.

1,000

10

Richmond dt Petersburg—Stock
1st mortgage, coupon
New mortgage

Philadelphia & Trenton.—Leased to Pennsylvania

100,000
1,000,000
(!)
1,500,000

1,000

Dollar loan

Railroad with United New Jersey companies at 10
per cent on stock.

860,000
860,000
860,000
860,000
860,000
860,000
2,000,000

J. & J.
Philadelphia, Office.
A. A O. Philadelphia or London
J. & J. London & Philadelphia.
J. & D.
Philadelphia, Office.
J. & J.
do
do
J. & J. London & Philadelphia.
Various
do
do
M.A S.
Philadelphia, Office.

1,500,000

Rick'd, Jbrcdet'icksburg dt Potomac—Bonds, ster

into Income mortgage bonds. (See V. 24, p. 299 )
A comparison of statistics for three years is as
fellows:
1875-6.
1876-7.
1877-78.
Gross earnings.. . $12,227,511 $12,149,910 $11,539,593
Op. expenses
8,510,350 7,751,693 7,319,366

875,000

T,6bo

m

6
6
6
7
6
6 g*

700,000
800,000
4,000,000
326,600
6,500,000

100
1870
1877
1873
1862
1864

6 g*
7
6
6
7
7

13,036,500
1,731,000

1,000

.

7
6

1,000

1872-4
1875
1,000
1868
1,000
KK) &c.
1859
1876
£200
1868
1,000
1873
1,000
1864
1,000
1864
1,000
100
100
1871
1862 500 Ac.
500 &c.
1862
1862
500 Ac.
1862 500 &c.
500 Ac.
1862
1862 500 &c.
500 Ac.
1862
500 Ac.
1862
1862 500 &c.
1862
500 Ac.
1863 500 Ac.
500 Ac.
1862
1862
500 &c.
1857
1,000
1874
1,000

1870
1871
1871
80
5212, 1867-9
52*2 1870
52*2 1871
52
52
1876
111% 1869

Providence dt Worcester—Stock
First mortgage bonds

FitHburg, Fort

Bonds—Princi¬

pal, When Due.

Rate per When Where Payable, and by
Whom.
Cent.
Payable

90 &c.

1858

*

1st mortgage, gold
Port Royal (S. C.)—1st

Outstanding

• •• •

RR.)

Funding income bonds (P. T. & B.)

"Amount

$1,000 $10,499,900
9,364,000
1,000

1867

Pittsburg, Ft. Wayne & Chicago—Stock, guar....
Special improvement stock, guaranteed

do
do
do
do
do
do
do
do
do

Par
Value.

26
34

Plain bonds, loan
do
do
do
do
Pittsb. dt Connellsville—let mortgage
1st
do
Turtle Creek division
Consol, mort., guar. B. & O. (s. f. £7,200 pr. yr.)..
Pttts., C. dt St. L.—1st m., cons, (for $10,000,000)
2d mortgage
1st mortgage, Steubenville A Ind., reorganized...
CoL &, Newark Division bonds

do
do

•

Size, or

1872

Philadelphia, Germantown dt Norristown^-Stock—
Philadelphia, Wilmington dt Baltimore—Stock

1st mortgage
do
1st
do
1st
do
1st
do
1st
do
1st
do
2d
do
2d
do
2d
do
2d
do
2d
do
2d
do
3d

•

1873
1873
1874
1876
1877
1877
1872-4

Gen. mort. and Perkiomen 6 per cent ster’g scrip
Goal & Iron Co., guar. mo^. (for $30,000,000). ..
do
debentures, guaranteed
Philadelphia dt Trenton—Stock

let

discovered in these Tables*

INTEREST OR DIVIDENDS.

Jan., 1898
Mch. 1, 1882

June,
Nov.,
Jan. 2,
Nov.,

1884
1902
1879
1921

1880
Jan. 1,1875
1878 to ’90
1888
1875
1875:
1881-’90
Jan. 6, 1879
1880 to '86

May

1. 1915

Portland, Saco db Portsmouth—Leased March 18,
1871, to Eastern Mass. Railroad for 99 years at 10
per cent per annum; modified Dec.. 1875. to 6 per
cent for two years. (V. 24, p. 445, 5*2.)
Pert Royal.—The Georgia Railroad guarantees
$500,000 of these bonds; sale in foreclosure was
made Jane 6, 1878, to Union Trust Co. for $500,000.
(V. 25, p. 9J; V. 26, p. 95, 496, 654.)
Portsmouth, Great Falls db Conway.—Opened in
1872, and leased to Eastern Railroad, Massachu¬
setts.
New 4]4 per cent bonds for $l,000,0u0
authorized, and new contract of lease. (V. 27, p.
15, 97, 115, 228.)
Providence db Worcester.—Net

earnings

year

end*

ing September 30, 1878, $279,835; noies payable,
$668,241. Mortgage bonds for $2,000,090 authorized.
(V. 25, p. 476; V. 26, p. 94; V. 27, p. 537.)
Raleigh tfe Gaston.—Net earnings 1877-8, $107,185,
against $85,749 in 1876-7. (V. 27, p. 94.)
Reading & Columbia.—This road is operated and
controlled by the Philadelphia & Reading Railroad.
Floating debt, $1,093,494.

Reading & Lehigh.—This was the Berks County

road;

sold out, and leased to Philadelphia &
Reading, March, 1875, for 99 years. Foreclosure
decree made in May, 1879. (V. 26,Jp. 266.)

Rensselaer db Saratoga.—heased May 1, 1871, to
Delaware & Hudson Canal Company, which pays in¬
terest on bonds and 8 per cent on stock.
(V. 25, p.

615; V. 27,

p.

602.)

Richmond db Danville.—Gross

earnings 1877-8,
This company leases the
appointed October, 1877, and foreclosure suit North Carolina Railroad and the Piedmont Railroad,
is pending. Report of committee and plan of re¬ and controls the
Char. Col. & Aug. (V. 26, p. 115;
organization, V. 26, p. 575. (V. 26, p. 41, 81, 94, V. 27.p. 409, 650.)
575; V. 27, p. 540; V. 28, p. 144, 200.)
Richmond, Fredericksburg db Potomac. — Gross
Portland db Rochester—Interest in default, and earnings 1877-78, $314,272; 'net earnings', $154,098.
receiver appointed in January, 1877.
The report (V. 27,"p. 68, 85, 566.)
for 13 mos. to Sept. 30, 1878, shows gross earnings,
Richmond db Petersburg.—>Gross earnings year
$148,151; expenses, $118,816. (V. 25, p.333; V. ending Sept. 30, 1877, $137,116; net, $47,271. (V. 22,
28, p. 41.)
p. 15; V. 24, p. 6*.)
ceiver

$942,385; net, $310,947.

May 31,

RAILROAD STOCKS AND BONDS,

1879.]

xxvii

Subscribers will confer a great favor by giving Immediate notice ot any error discovered in
DESCRIPTION.
For

Date
of
of
Road. Bonds

Miles

explanation of column headings, Ac., see notes
at the head of first page of tables.

109
409
97
390
190
360
120
120
120

Rochester d Slate Line.—1st mortgage

Rome, Watertown d Ogdenshury—Stock
1st sinking fund mort., Wat. & R
General mortgage, sinking fund

2d mortgage
Consol, mort., convert, till July, ’79, coup
.

Rutland-^-Stock,

common

Preferred stock

Equipment mortgage bonds
do
do
*
General mortgage
New mortgage in exchange

120
T20

for equipment bonds
St. Joseph d Western— 1st M. St. Joseph & Pacific..

115
115
207

Kansas A Nebraska, 1st mortgage

St. Louis, Alton d Terre Haute—Stock
Preferred stock (7 per cent yearly, cumulative)..
1st mortgage (series A)
1st mortgage (series B)
2d mortgage, preferred
2d mortgage, preferred
2d mortgage, income

(series D)

«,

^

300
....

.

354
354
146
293

$475,000)

#

1870
1870
1872
1878
1876
1876

Rochester & State Lin*.— Bonds sold in N. Y.,

from Rochester, N. Y., to
Salamanca, and Rochester City furnished $t00,000

Outstanding

$1,000

7

3,147,600
424,200

3
7

1,021,500

1,000
1,000

1,000,000

7
7
7

100
100
100 Ac,
100 Ac,

100 &c.
100 Ac.
100 &G.
100
100
500 Ac.

1864
1864

1,000
1,000

1861
1870

500 Ac.

1,000

4,250,000
2,479,700
4,168,700
500,000
500,000
1,212,000

1,000

300,000

100

21,202,661
4,000,000
5,927,000
2,500,000
1,450,000

1,000

1865
1874
1878
1879
1868
1876
1876
1876
1874
69-71
1872
1867
1867
1868

1,000

6,000;000

1,000

3,000,000
1,388,500
2,350,000
7,194.500

1,000
1,000
1,000
1,000
....

1,000
100

1,000
1,000
500
100
500
500

Ac.
Ac.
Ac.

Ac.

1,000
500 Ac.

1,000
1,000
1,000

1862
1862

210

1868

250 Ac.

220
140
121
121

1870
1871

1,000
1,000

14^

.

1.869
1853
1868
1869
1870
1874

11

98
80
80

1.876

40
100
100

1870

i851

28
28

i871

7
8
8

'

7

7
2
7
7
7
7

7
10
7
7 g.
7 g.
7 g.
7 g.
7
6

8,000,000
4,163,297
4,089,000
24,000,000

'

7
7
7 g.
7 g.
6 g6
3 Ac.
3 Ac.
10
7 g.
7 g.
7
7
7

8

120,000

1,000

366,000

7

1,039,000
1,087,000
1,500,000

rr

1,374,000

1,000
250 &c.

100

i.872

3^8

1,000
250 &c.
250 &c.

Dividend.

A
A
A
A
A
A

New York.

July 1,1902

J.
J. N.
S.
D.
J.

Y., Farm. I,. A T. Co. July 15,1875
do
do
Sept. 1,1880
Dee. 1, 1891
do
do
Jan. 1,1892
do
do

O.

do

do

F.
M.
M.
M.

A
A
A
A

J.
J.

A J.
A J.

J.
A.
F.
M.
M.
M.

A
A
A
A
A
A

A.
N.
S.
N.

July 1,1904
o

....

do
do

do
do
do

do

®

Feb. 2,

Boston, Treasurer.

®

®

1875

May 1,1880
Sept. 1, 1880
Nov. 1,1902
19—

New York.

19—

Fob. 1,1878
J. N. Y., Office 12 Wall st.
do
do
O.
do
do
A.
N.
do
do
N.
do
do
S.
do
do

F. A A. N.Y.,Office
M. A N. New York
J. A D. New York,
J. A D.
do
J. A J.
do
March.
do
do
March.

J.

A

M.
A.
A.
J.
M.
M.
M.

A S.

J. N.Y.,Nat
do

A 0.
A O.
A J.
A N.

do
do

A N.
A N.

Q-J.
M.
F.
J.
J.
M.

A
A
A
A
A

N.
A.
J.
J.
N.

M. A S.
J. A J.
J. A D.

20 Nassau st
or

London.

1891
1894
1894
1894
1894

1880

Aug. 1,1892
May 1.1897

Co.’s Office. June 1, 1897
June 1, 1897
do
Jan. 1, 1891
Various.

do
do
do

Bkof Com’rce July 1, 1895
do
Sept. 1, 1904
do

Oot. 1.1908

do

April 1, 1919
July, 1888
Nov. 1, 1906
Nov. 1, 1906
Nov. 1, 1906
Jan. 1, 1884
Nov., 1894
Aug.. 1902
July 1, 1897

N. Ys, Trask A Stone.
do
do
do
do
do
do
do
do
N. Y., G. Opdyke A Co.
do
do
do
do
N. Y., Third Nat. Bank.
do
do
-

-

Jau. 1. 1897

May 1, 1898

N.Y.,J.S. Kenned yA Co.

1881
1892
1892
1892
1894
1894

7

J.

rr

7

F. A A.
M. A N.

4,687,000

-7

M. A N.

(Jo

1898

1,000,000
15,000,000
2,081,800

7
7
2
8
8
2
7
6
7
7

A D.
A J.

do
do

1900
1901

2,400,000
446,000
1,000
50
1,050,356
1,000
2,301,000
500
505,000
100 Ac.
111,800
500
500,000
1,000
2,423,000
100 Ac.
500,000
50
576,050
500 &c.
1,300,000
100
1,350,400
1,000
210,000
1,000 16,000 p.m.
838,500
241,000
3,000,000
50
869,450
500 Ac.
1,994,000

4

i

8 g.
6

212
7

31-2
7

8
7
8
7
3

7 g-

Kansas City db Northern.—Gross earn¬
in 187S, $3,324,495; net, $l,347,f.00, against
#1,250,777 in 1877. Bonds on St. Charles Bridge pay
7 per cent for 3 years and 8 per cent for 27 "years.
St. Louis,

ings

Rome, Watertown db Ogdenshury —The last report Omaha Div. is under const!uction. (V. 26, p. 68,
earnings in 18T7-8 of $1,213, <86; net, 288, 471; V. 27, p. 332, 488, 515; V. 28, p. 200, 253.
$350,717, against $343,i36 in 1877. Default was 275, 299.)
made on coupons consol, bonds Apii1, 1878. (V. *6
St. Louis & San Francisco.— This is the re-organi¬
p. 334; V. 28, p. 276.)
zation of the Atlantic & Pacific, sold in foreclosure
Rutland.—Formerly leased to Vermont Central, Sept, 8, 1876. The stock authorized is—$4,500,009
but default made on rental, and lease modified. Ar¬ of 1st preferred; $10 000,<00 of pref.; $i#,f.00,0r,0
rangement is pending to give 5 per cent bonds in of common, most of which has been issued.
exchange for equipment bonds and 6 per cents for The land grant amounts to some 1,000,000 acres,
mortgage bonds. (V. 27, p. 121* 253, 384, 567; Y. and on about 3 H),U. 0 acres bonds “ B” are receiva¬
ble in payment for lands. The interest on bonds
28, p. 2o0.)
“B” and “ C” is 3 per cent for 1879-’80-’3l, 4 for
St. Joseph db Western.—The St. Jo. and Denver
City was sold in foreclosure Nov., 1875, and re¬ 1862, 5 for 1883, and 6 afterward. In 1877 gross earn¬
ings were $1,323,943; net, $739,126, against $675,047
organized. The land grant of 300,000 acres is in in
1876. Report for 1878 is not issued.
(V. 26, p.
hands of trustees, for tne benefit of ihe holders of
24 1; V. 28. p. 253, 454, 495, 527.)
the land scrip of $2,250,000.
In 1878 gross earn¬
St. Louis db Southeastern.-An hands of receiver.
ings were $641,391; operating expenses and renew¬ Tennessee Div. sold April 9, 1879, and purchased by
als, $580,209. (V. 24, p. 322, 469; V. 26, p. 289; V. Louisv. & Nashv. RR. Gross
earning* of whole line
28, p. 351.)
1877-8, $1,162,196; net. $272,558. (V. 25, p. 263,
St. Louis, AUon db Terre Haute.—The main line—
Terre Haute to E. St. Louis and Alton Branch—wus 304; V. 27, p. 229, 488; V. 28, p. 18, 353, 378 )
St. Louis, Vandaiia & Terre Haute.—The com.
leased June, 1867, for 99 years, to Indianan. & St. L.
at 30 per cent of earnings (but $450,000 a minimum).
stock is $2,383,315; pref., $1,451,700. This road is
This was guaranteed by three other companies; see leased to Terre Haute & Indianapolis at 30 per cent
Y. 26, p. 614,654. In 1878, gross earnings were $928,- of gross earnings. In year ending Nov. 1, 1878, the
301, against $953,570 in 1677. The Belleville Br. and earnings were $1,054,627, on which 30 per cent was
Extension earned net in 1378, $141,268. Coupons $316,358. The charges, including interest, were
due August, 1878, on 2d mort. bonds were paid in $352,113, leaving a deficit of $35,565 advanced by
January, 1819. (V. 26, p. 4 1 7 614,625, 654; V. 27, the lessee. Deficit, 1877, was $35,935. Bonds guar¬
anteed by Terre Haute & Ind., by Col., Chic. &
p. 17, 140, 437, 454, 488, 603, 678; V. 28, p. 476.)
St. Louis, Iron Mountain & Southern.—Gross, Ind. Cent., and Pitts. Cin. & St. Louis. (V. 24, p.
earnings, 1878, $4,514,321; net, .$1,915,955.
In 110; V. 26, p. 165 ; V. 28, p. 119.)
St. Paul db Duluth.—This is the Lake Superior &
1875, the company funded three coupons, but failed
to carry out its agreemeut with bondholders in 1876.
Mississippi reorganized. Preferred stock is receiv¬
The net earnings were applied to floating debt able for lands. Land grant, about 1,603,000 acres.
instead of bonded interest. For the latest agree¬ (V. 27, p. 147.)
St. Paul db Pacific, First Division.—The 3d mortg.
ment with bondholders, see V. 28, p. 43.
(V.
26, p. 287, 342, 368, 625; V. 27, p. 858, 334, 409; of $6,000,000 has the additional security of the
,




Stocks—Last

Whom.

do
do
In default.
do
do
do

shows gross

V. 28, p. 43, 173, 302, 325.)

J.
J.
M.
J.
J.
A.

pal.When Due.

Where Payable, and by

Payable

....

1,900,000
1,900,000
2,300,000
2,468,400
1,100,000
1,100,000
1,400,000
1,400,000
1,700,000

1867
1872
1870
1872
1870
1879
1879

1865
1864
1864

Cent.

$2,180,000

1864
1861

1862

Rate per; When

100
100 Ac.
500 Ac,

10
76
76
76
150
150

101
60

;

Value.

-1,630,848

34*2

1st mortgage
Selma d Gulf— 1st mort., guar, by Alabama
Selma Rome d Dalton—1st mortgage
2d mort., Alabama & Tenn. River RR

towards its construction.

.

Par

Amount

156

116
116
101

Seaboard d Roanoke—Stock

runs

.

or

156

158
158

.

Road

1874

Bonds—rrmoi-

INTEREST OR DIVIDENDS.

Size,

293,200
2,476,000
2,295,000
350,000
3,250,000
5,145,000
1,000,000
1,899,000
2,600,000
5,550,000

210
420
98

Saginaw Valley d St. Louis.—1st mortg., coup
Sandusky Mansfield d Newark—Re-organized stock
1st mortgage, new
Savannah d Charleston-C. & S.„ guar, by S. C
Funded int. bonds, S. & C. RR., guar, by S. Car...
1st mortgage, Savannah & Charleston RR
Savannah d Memphis— 1st mortgage
Schenectady d Duanesburg—1st M., guar. D. A H _.
Schuylkill Valley—Stock
Scioto Valley—1st mort. (s. fund $13,000 per year)

July, 18T8.

1855
1861
1872

525

($3,000,000)

General mortgage for $5,000,000
Shamokin Valley d Pottsville—Stock
1st mortgage, gold, on road and lands

^

210
210
100
72

Real estate and railway 2d mort
1st A 2d mort. on St. Charles Bridge, coup, or reg.
1st mort., Omaha Div., gold, sink, f., coup, or reg.
St. L.d S.Francisco.—1st M. (So. Pac.), g., (I’d grant)
2d mortgage bonds, A
do
.do B, gold
do
do
C, gold
Land debentures
Si. Louis d Southeastern—1st M., gold. conv. s. fund
Consolidated mortgage, gold, sinking fund
Evansville Henderson & Nashville, 1st mort
St. Louis Yandalia d Terre Haute—1st M. s. f. guar
2d mort., sink, fund ($1,600,000 guar.)
.'.
St. Paul d Duluth— Preferred 7 per cent stock
Common stock
St. Paul d Pacific—First Division—
1st M., 10 miles, St. P. to St. Anthony
2d M., and 1st, St. Paul to Watab. ($700,000)
3d M., land gr’t, St. P. to Watab. ($1,200,000)
fH
Consol, land gr’t
«
do
($2,800,000)
1st M., St. Anthony to 150 miles west
c3
2d M.,A 1st 1. g., St. A. to 150m.W.($3,000,000)
a
3d M., 1. gr. on 150m. W. of St. A. & 1st M. on
60m. more with 1. gr. ($6,000,000)
4th M., St. P. to Breckenridge, 2d on I’d gr.,
150m.

^

.

686

coupon, may

St. Paul d Pacific— 1st mortgage bonds
St. Paul d Sioux C — Pref. stock, (Div. on
Common stock

-

„

_j

S ®

be registered....
Arkansas Branch, 1st mortgage, gold, land grant
Cairo Ark. & Texas, 1st mort., gold, coup or reg.
Cairo & Fulton, 1st ir ort., gold, on road and laud
1st pref. income bonds, reg., (cumulative)
2d pref. income bonds, reg., (cumulative)
St.L. Kansas City d N.—Stock ($12,000,000 is prf.)
1st mortgage (North Missouri)
:
mortgage, gold,

M

™

m

.

gagH

Equipment mortgage
P
St. Louis, Iron Mountain d Southern—Stock
1st mortgage, coupon
2d

®

sinking fund..' 43
r
sinking fund.. ja •“'d
2^ 3<d
(series C)
S
£ '
ftei

1878

these Tables*

$1,500,000 first mortgage bonds held by its trustees.

J.
J.

AD.

St. Paul, Office.
Oot., 1876
Q.-J.
J. A J.
M. A N. New York, 9th Nat. Bk. May 1, 1902
1st N. Bk., Sandusky, O.
Oct. 1, 1875
J. A J. N. Y., Union Trust Co.
July, 1902
M. A S. Charleston, 1st Nat. Bk. March 1, 1877
M. A S.
New York.
Sept. 1, 1899
J. A J.
do
Jan. 1, 1889
M. A N. N.Y.,Lancaster,B.A Co. May 1, 1890
M. A S. Del. A Hud. Canal Co. Sept. 1, 1924
J. A J.
Jan., 1879
Philadelphia, Office.
J. A J. N.Y., Winslow, L. A Co.
Jan. 1, 1896
M. A N. Phil.,Townsend,W.ACo.
May 1, 1879
do
do
F. A A.
Aug., 1880
A. A 0.
New Y'ork.
Jan. 1, 1890
New York, Office.
Jan. 1, 1872
J. A J.
J. A J.
do
do
Jan. 1, 1864
A. .A 0.
do
do
April 1, 1887
Fi A A. Philadelphia,Treasurer.
Feb., 1879
do
do
J. A J.
July, 1901
....

Interest in default except on first and second mortgages on Branch Line. " Suits of foreclosure are in
progress. An important negotiation for taking- np
the bonds was consummated in 1878. (V. 26, p. 266,
31-, 342, 420, 575; V. 27, p. 42, 68, 149, 515, 653 ;V. 28,
p. 200, 454, 495.)
St. Paul db Pacific.—The road is in hands of Re¬
ceiver of U. S. Court, and the bonds are all held in
Holland. The mortgage is being foreclosed. (V. 26,

p. 316, 342, 420,436, 575;

V. 27, p.42, 68, 149, 515,653;

28,.p. 454.)

V.

St. Paul db Sioux

City.—This

550,000 acres of land unsold.

company has about
p. 548; V. 27,

(V. 26,

171 ; V. 28, p. 171.)
Saginaw VaJley db St. Louis.—Has a traffic guar¬
antee by Michigan Central.
Net earnings, 1877,
$57,519. (Yr«7, p. 304.)
Sandusky, Mansfield db Newark.—This road is
leased to the Central Ohio, and the lease guaranteed
by Baltimore & Ohio. (Y. 26, p. 290.)
p.

Savannah db Charleston.—Road in hands of receiv¬
and decree of sale made.
Sav >nnah db Memphis— Defaulted after the crisis
of 1873.- Net earnings, 1875-6, $16,118.

er

db Duanesburg.—Capital stock is
by the D. & H. Canal Co.,which runs the road*
Schuylkill Valley.—Leased to Philadelphia & Read¬
ing, with 5 per cent dividends.
Scioto Valley.—This new road, from Columbus to
Portsmouth, reports gross earnings of $282,153 in.
1878, aud net earnings of $125,877. (V. 27, p. 653 ;
Schenectady

owned

V. 28, p. 525.)
Seaboard db Roanoke.—Net earnings year ending
March 1, 1878, $167,928. Report V. 21, p. 276.
Selma db Gulf—Interest in default. Foreclosure
sale pending.
(V. 24, p. 299; V. 25, p.335, 503; Y*

27, p. 304.)
Selma, Rome db Dalton —This was formerly the
Alabama & Tennessee River. Interest in default^
and road to be sold. (V. 24. p. 566.)
Shamokin Valley db Pottsville.—Leased February
1861, to Northern Central,at 7 per cent on bonds and
6 per cent on

stock.

STOCKS

RAILROAD

xrvin

AND

BONDS

[VOL. XXVIII,
discovered in these Tables.

Subscribers will confer a great favor by giving immediate notice of any errors

INTEREST OR DIVIDENDS

DESCRIPTION.
For

explanation of column Leadings, Ac., see notes
at Lead of first page

of

of tables.

.

Sheboygan d Fond du Lac— 1st mortgage

mortgage extension
Shcnango d Alleghany—1st mortgage
Shore Line (Conn.)—Stock
1st mortgage, construction bonds
Sioux City d Pacific—1st mortgage
2d mortgage (government subsidy)
Sioux City d St. Paul— 1st mortgage, gold, I’d grant
1st

1st mortgage, currency,

for $2,100,000

Island— 1st mortgage (S. Side)...
S. Side (1st mortg. s. fund)
Mortgage bonds, Southern of L. I

Southern of Long
2d mortgage

Southern Central (N. Y.)—1st mortgage

gold ($400,000 end. by Lehigh V. RR.).
Iowa d Cedar Rapids— 1st mort., gold
Minnesota— 1st mortgage, construction...
Pacific (Cal.)—1st mort., gold, land gr
Pennsylvania— 1st mortgage, gold

2d mort.

Southern
Southern
Southern
Southern
Southwestern (Ga.)—Stock,

1864

2

1871

32
50
50
105
122

124

guarant’d7

per annum

Company bonds, convertible into stock at par

242
242
242

183
183
57
57
69
114
114
87
170
712
24

257

**30

Sjiartanburgd Asheville— 1st mortgage, gold

Sterling Mountain (N.Y.)—1st mortgage
Stockton d Copperopolis— 1st mort., (guar, by C. P.)
Syracuse Binghamton d N. Y.—Stock
2d mortgage (now first)
Consol, mortgage (guar. D. L. & W.)
Summit Branch (Pa.)—Stock
1st mortgage bonds
Terre Haute d Indianapolis—Stock
1st mortgage
Bonds ot 1873 (for $1,600,000)
Texas d X. Orleans of ’74—1st mortg. landgr., coup
Texas d Pacific—1st mort., gold, coup.($8,000 p.m.)
2d mort., consol., gold, coup. ($17,000 p. m.)
Income and land mort., reg. (7,600,000 acres)

Toledo, Peoria d Warsaw—1st mortgage (W. Div.).
1st mortgage (E. Div.)
2d mortgage (W. Div.) convertible
Consolidated mortgage (for $6,200,000)
1st mortgage iBurlington Div.)

Troy d Boston—Stock
1st mortgage, consolidated

7h
30

81
81
81
20
20
113
73

10*6
444
444
444

227
10
53
35

mortgage bonds (for

1868
1871
1871
1871

•

•

•

■.

.

.

•

2
Troy Union—1st mortgage, guaranteed, Troy City.
1,042
Union Pacific—Stock
•l6t mortgage, gold, on road and equipment
1,038
2d
do
(government subsidy).'.
3d
do
on road (2d on land), sinking fund. 1,03*8
Land grant bonds on 10,764,947 acres
Omaha bridge bds, st’g, (s.f. about $50,000 yrly).
100
Union Pacific, Central Branch— 1st mort., gold —
100
2d mertgage (government subsidy)
379
United N. J. RR. d Canal Companies—Stock
General mortgage, gold, coupon..

do
do
do

Joint Co.’s

fund, registered.,

sterling loan mortgage, sinking fund
do
do
do
do
dollar loan, mortgage
mortgage, sterl’g, 8. fd.

(£138,500).

do
plain bonds
do
do
do
consol, mort. (sink’g fund after 1880)
N. J. RR. A T. Co., 3d loan due State of N. J

Utica d Black River—Stock

-

mortgage bonds of July, 1868
Mortgage bonds, 2d issue../—
1st

Sheboygan

Fund du Lac.—Defaulted 1873. Gross

earnings, 1877, $100,011; net, $12,204. (V. 34, p.
198, 345: V. 26, p. 521; V. 28, p. 467.)
Shenango <t Alleghany—Lessed to Atlantic &
Great Western, and **rental trust bonds” issued.
Gross earnings 1375, $201,039; net, $114,699.
Shore Line.— Leased to New York & New Haven
at $100,0 *0 per year. Gross earnings, 1876-7, $34i,374,
net $49,869; gross earnings, 1877-8. $317 978;
net
profit to lessee, *1J39. (\. 21, p. 63; V. 28, p. 40.)
Sioux Ciry tfe Pacific.—Div. of 3# on pref. stock
paid April 1, 1879. (V. 27, p. 96, 253, 274.)

36*2
75
168
75

87

391,000
5,211,810

....

500 &c.

'500 Ac.
500 6lc.

1,000
100 Ac.
....

1,000
500 Ac.
.

.

1,000
500 Ac.
100

.

1,000

800,000
800,000

1,000

1,050,000
3,552,000
7,548,000
6,459,000

....

100

1,000
1,000

....

....

1871
1871
1871
1871
1871
1834-7

....

-

1,000
£200

1,000
1,000
100

1,000
....

....

....

....

....

....

....

....

....

1870
1871
«

.

1868
1871

1,800,000
1,600,000
1,300,000
1,500,000
250,000
1,609,000
1,384,000
650,000

When

Where

Cent.

Payable

7
8
7
4
7
6
6

J. & D.
A. & O.
A. A O.
J. A J.
M. & S.
J. & J.
J. A J.
M. A N.
M. & N.
J. & J.

IsIs5
6
7
7
6
8
6
7
7
7
7
7

g.

g.
g.

.

g.

V6 g.
7 g.

3^
7

7 g7
5
3
7
7
3
7
4
7
7
7
6 g.
8 g.
7
7
7 '
7
7
7
2
7
7

Payable, and by
Whom.

N.

Y., (In default.)
do

N.
N.

do

Y., N.Bk. of Com’rce.
H., Nat. N. H. Bank.

do
do
N. Y., Nat. Park Bank.
U.S. Treas., at maturity
N. Y*., Metropol. N. Bk.
do
do

Q.-F. Charleston,S.W.RR Bk

Bonds—Princi

pal, When Due.
Stocks—Lust
Dividend.

June, 1884
October, 1896
April 1, 1889
Jan. 5, 1879
Sept. 1, 1880
Jan. 1, 1898
Jan. 1, 1898
Nov.,
July,
May,

1901
1891
1871

London.
J.
1878 to ’88
J.
1878 to ’88
New York,
O.
do
Oct. 1, 1902
O.
Charleston,
April, 1891
do
1880 and 1892
J.
J. N. Y., Drexel, M. A Co. Jan. 1, 1890
N. London, Baring Bros.
S. N. Y., Gallatin Nat. B’k Mar. 1, 1887
do
do
iM. A N.
May 1, 1900
Nov. 1, 1879
M. A N.
do
do
F. & A. N. Y., Vermilye A Co.
Aug. 1, 1899
M. A S.
Mar. 1, 1882
do
do
M. A N.
May 1, 1900
J. cl J. N Y., Company’s Office.
1888
A. A O. N. Y., C. P. Huntington. April 1, 1905
M. A S.
Mar. 1, 1900
J. A D. Savannah,Cent.RR. Ga. Dec. 20,1878
Various
Macon
-1886
J. & J. Chariest on A New York.
Jan. 1, 1897
1885
J. A J.
New York.
J. & J. N Y., Central Pacific.
January, 1905
J. A D. N.Y., I). L. 6c W. RR. Co. Dec. 30, 1878
"
do
J. A D.
do
June, 1887
A. A O.
do
do
Oct. 1, 1.90G
F. 6c A. Philadelphia 6c Boston. Aug. 16, 1876
J. 6c J. Boston, N. Y. 6c Phila.
Jan. 1, 1904
J. A J. N.Y.,Farmers L.6c T.Co. Feb. 1, 1879
A. AO.
do
do
July, 1879
1893
F. A* A. New York, Co.’s Office. Aug. 1, 1905
M. A S. Phila., N. York ALondon March 1, 1905
do
do
June 1, 1905
J. & D.
July. New YorkA Philad’phia Jan. 1, 1915
F. 6c A. New York, Co.’s office,
Feb. 1, 1896
J. & D.
do
do
Dec. 1, 1894
A. & O.
do
do
April 1, 1886
M. & N.
do
do
May 2, 1910
J. 6c D.
do
do
June 1, 1901
F. 6c A. Troy, Company’s Office. Aug. 1, 1878
J. 6c J. N. Y., Nat. B’k of Com.
1894
M. A S.
do
do
1882
J.
J.
A.
A.
J.
J.
M.
M.

&
&
&
A
&
&
A
A

....

1866-9

.

800,000

1,000

-

1871
1866
’66-7-8

2,004,000

1,988,150

500 Ac.

1874
1867-9

399,000
400,000
350,000
500,000

50

1,000
1,000
1,000
1,000
1,000
1,000
1,000

....

....

3,892,300

270,000

100

.

405,050

1,500,000
600,000
1,500,000
3,332,000
29,300,000
625,000

1,750,000
4,125,000

1,000

....

750,000

1,500,000

1,000
50

1874

63,500

1,000

....

1869
1873
1875
1875
1875
1875
1866
1864
1866
1870
1871

.

.-

100 Ac.

•

....

1st mortgage, gold
Utah Southern— 1st mortgage, coupon

1,000

.

1862
1868

Utah Central—Stock

1,067,500

....

.

1,206,500

500
100

100

•

850,000
874,500
1,000,000
200,000
1,629,000
1,628,020

'500,000

....

....

$750,000

1,240,000
450,000
5,819,275
1,482,666
1,051,500

io'o

o

Outstanding

1,000

Various
500

1876
1865
1875
1875
1867
1876
•

m

Amount

1,000

.,

1868
1868
1872
1866
1868
1870
1873
1867
1870
1874
1869
1872
1870
1868
1875

m

m

500 Ac.
100
100 Ac.
500 6cc.
500 Ac.

1878

$1,000,000)

United Co.’s mortgage, sinking

.

i§ 65

Convertible bonds
New

$1,000

1869

.

2d mortgage (for $3,000,000)
Domestic bonds (I)
Domestic bonds (K)
So. & No. Alabama—1st M., endorsed by Alabama.
Sterling mort., s. fund, guar, by L. & N
-

2

23

Somerset— 1st mortgage, gold
South Carolina—Stock
1st mortgage, sterling loan
do
dollar bonds (L)

Date Size, or
Par
of
Bonds Value.

....

....

...

1,000
1,000
100
....

....

againet $296,666 in 1877.

680,000
36,762,300
27,231,000
27,236,512
13,767,000
6,884,000
2,121,000
1,600,000
1,600,000
19,890,400
5,669,000
2,000,000
1,846,000
1,800,000
154,000
119,548
1,700,000
866,000
5,000,000
100,000
676,005
1,000,000
1,500,000

1,771,720$
200,000
912.000*

6*
1*2

Ss8
7

8 g.

Q.-J.

J.

&

i

New York and Boston.
do

J.

do

U.S. Treas., at maturity.
M. A S. New York and Boston.
A. 6c O. New York and Boston.
A. 6c O. London, L. 6c S. Fr. Bk.
M. 6c N. N. Y., Company’s Office.
U.S. Treas., at maturity.
Phila. and N. Y. Ollices.
M. A S.
Philadelphia, Office,
A. & O
do
do
M. &
London,
M. A
do
F. 6c
Philadelphia.
F. &
London.
F. &
Philadelphia Office.
J. 6c D
Princeton, N. J.
M. A N
Philadelphia Office.
A. 6c O N. Y., B’k of Commerce.

q"—j.

a*
6 g.

68’
6
6
7

I82
7

7

(V. 27, p. 67, 358, 515; V.

28, p. 451.)
Southern Pacific (Cal.)—This road is controlled
by Cen ral Pacific parties.
The bonds are in
senes A, B, C and D, of which “A” includes $15,-

J.
J.
M.
J.
J.

6c J.
& J.
A 8.
& J.

6c J.

N.

Salt Lake City.
Y., Kountze Bros.

Utica.
Utica and New York,

do

do

April 1, 1879
1896 to 1899

Mch. 1, 1894
1887

April, 1896
May 1, 1895
1896, ’97, ’98
April 10, 1879
Mch. 1, 1901
Oct. 1, 1894
Mch. 1, 1894
Mch. 1, 1894
Feb. 1, 1888
1880
Feb. 1, 1883
Jan. 1, 1889
Nov. 1, 1889
Overdue.
11 p. c., 1876-7
Jan. 1, 1890

July 1, 1891

Sept. 28, 1878
July, 1878
July, 1891

Toledo, Peoiia & Warsaw.—Passed into receiver’s
hands February, 1874.
Foreclosure pending. In
1876-7. net earnings were $56,415. (V. 26, p. 68, 316,
575; V. 27, p. 63, 4o9, 515. 603; V. 28, p. 69, 429.)

Troy <k Boston.—With leased roads forms a line
from Troy, N.Y., to North Adams, Mass. In 1877-78,
OoO.OoO, part in *500 bonds, ah the others are $1,000
each.
A sinking fund of $101,000 per annum begins
gross earnings were $560,3*3; net,. $274,747. There
in 1882, and proceeds of land i-ales aiso go to pay
are $119,000 of old 1st and 2d mortgage bonds
yet
bonds. The land grant is 12,830 acres per mile.
outs:anding. (V. 23, p. 119.)
The stock paid in is $36,763,9’ 0. In 1876-7 the gross
Troy Union—A short road in Troy city. Bonds
earnings were $1,550,005 gold, and net earnings, issued by city and guaranteed by sev< ral roads.
Union Pacific.—Gross earnings in 1878 (including
$1,828,830 gold (V. 26. p. 209, 316; V. 27, p. 321,409 )
Southern Pennsylvania.—This is a mining and
Omaha Bridge) weie $ 3,121,272, against $12,473,203
Sioux City <fc St. Paul.—There are also $502,000 2d railroad
in 1877. and $>2,886,853 in 1376; net earnings,
company; re-organized in 1872 after fore¬
mort. bonds, $14^,000 equipment, and $286,600 in¬
closure under 2d mortgage. The road is leased by
$7,741,686, against $7,ID,782 in 1877, and $7,618,647
come bonds.
Lands sold in 1d78, 64,901 acres, for the Cumberland
in 1876.
In 18r8 the funding bill was passed in
Valley.
$114,177. (V. 25. p. 212; V. 26, p. 290, 471, 494, 549,
Southwestern Georgia.—Leased to Central Georgia.
Congress; an important contract was made with
167; V. 28. p. 171.)
Dividends 8 a year to every 10 per cent on Central
Kansas Pacific; the July dividend was passed. Land
Somerset.—This road is leased to Maine Central.
Georgia stock, but 7 per year guaranteed. “Tri¬ saler: durmg 1878, 3)8,90) acres, for $1,557,082. Land
contracts outstanding and cash, January 1, 1879,
South Carolina.— Receiver appointed Sept., 1877. partite” bonds issued; see Central Georgia.
Gross earnings in 1-57:, $1,020, 6-4; operating ex¬
$4,184,214. (V. 27, p. 42, 96,97. 122, 149, 193, 229,
Sterling Mountain.—Cost of road and equipment,
253. 274, 381, 480, 6*29; V. 28, d. 44, 70, 121, 147, 200,
penses, $593,751; net earnings, $426.91u. A proposal $502,468. Net earnings 1872-3. $15,673.
Stockton cfe Copperopo'is.—Defaulted July, 1874,
is made for concessions by wd mortg. bondholders.
252,328,429,477, 495.)
Union Pacific Central Branch. —Formerly the
(V. 26, p. 217, 342, 393, 418, 420, 471; V. 27, p. 42, and old bonds of $1,000,000 exchanged for present.
Atchison
& Pike’s Peak. Interest in default since
253, 304.)
(V. 21, p. 159. 16*>. 316.)
South & North Alabama — Operated by Louisv. &
Syracuse, Binghamton <k New York.—Operated by November, 1873. Gross earnings 1875-74, $114,414;
Nashv., which hold- a majority of the stock, and Del. L. & W., and bonds guar, by that Co. Last
expenses, $131,500. (V. 27, p. 96, 253, 274, 539; V.
28, p. 454, 477.)
guarantees tfie bonds and holds $1,000,000 of 2d dividend on stock (in le75) 4 per cent. (V. 26, p. 516;
V. 27, p 568.)
United New Jersey Railroad, dk Canal Companies.
mortg. bonds. Pref. stock, $2,000,000.
Summit Branch.—This is a coal road, and leases
—The Camden & Amboy Railroad and branches,
Sou'hem of Long Island. - Leased to L. I. RR
Delaware <fc Raritan Canal, and New Jersey Railroad
There are also $60,000 6 p. c. mortg. bonds on Lykens Valley.
Net earnings in 1876, $151,665. (V.
form the United Companies of New Jersey.
Forecl sure pending. It is 25. p. *4 3.)
Bockaway Branch.
They
Terre Haute dt Indianap.—Net earnings in 1874-5,
were leased to Pennsylvania Railroad, Oct. 20, 1871,
proposed to “scale” all bonds except lfit South
at
10 per cent on stock and assumption of all lia¬
bide. (V. 26, p. 471, m, 654; V. 27, p. 85.)
$371,713; in 1875-0. $355,955; in 1876-7, $344,403.
Southern Central.—Forms an extension into New Leases >t. L. Van. & T. H. at 30p.c. gross earnings.
bilities. In 1877 the gross earnings were $8,960,606;
Texas & New Orleans of 1871.—The company has
net income, $2,954,521, leaving a deficit for lessee*
York Stite for Lehigh Vailey, which company en¬
of $1,433.1*8 after paying interest and dividends.
dorses $400,000 of second mortgage bonds.
Net a I’d gr.of 875,000 acres timber and aericuitura; lands
Texas <k Pacific.—Gross earnings, 1877-8, $2,331,earnings 1878, $142 906.
(V. 24, p. 516; V. 25, p. 349, 433, 458, 476; V. 26, p.
South Iowa dt Cedar Rapids.—In progress. Ot¬ 310; operating expenses, $t,448,439; net earnings,
215, 301.)
Utah Central.—Salt Lake to Ogden.
tumwa to Cedar Rapids. Ia.
$882,871. Of old land bonde $1 064,000 are yet out,
In year end¬
Southern Minnesota.—Sold under 2d mortgage and and $ 83,225 couDons. (V. 26, p. 316; V. 27, p. 42,
ing April 30, 1377, net earnings were $270,862, and
div’dends
149,
226, 384, 515, 568, 653.)
re-organized March. 1877. There are yet out $220,00)
amounting to 11 per cent were paid.
Texas Western.—This narrow-gauge road ia is
old let mort. 7s (pink), due 18P4. Lana grant is about
Utah Southern.—Otiose earning* TB\7, $278,652,
1,790,000 acres. Net earning* in 1878, $211,152, progres*. (See Y. 23, p. 49, 152, 526.)
net, $140,731. Stock ia $1,500,000.




■

KAILROAD STOCKS AND BONDS.

31, 1879.]

Mat

by giving Immediate notice of any error discovered In these Tables.

Subscribers will confer a great favor
DESCRIPTION.
at the liead of first page or

Utica

Road. Bonds.

tables.

Bonds, guaranteed by Vermont Central
Missisquoi Railroad bonds
Vermont Central— 1st mortgage, consolidated

....

....

-

consolidated..’

•

Equipment loans
Staustead, S. A Chambly bonds

....

float’g debt).

....

(sinking fund $7,000 per year) —
-

do

Special loan, funding mortgage

649
75
167
180

1875.and
33

29
75
167
180
490

mortgage loan
do
consolidated
Cape May 6c Millville
Westem c6 Atlantic (Ga)— Income bonds
Western (Ala.)—1st mortgage (Mont. 6c W.
Western RR. bonds, before consolidation
1st
1st

P.)

1st mortgage, unendorsed
2d
do
endorsed by Baltimore
2d
do
endorsed by Washington
2d preferred mortgage, unendorsed.
3d mortgage, guaranteed by
do
4th
lor Baltimore City stock

County

Baltimore

Western Pennsylvania—1st mortgage

Income bonds

336

65*2

mortgage, gold,

Utica <& Black River.—Grog*
$453,114; net earnings, $2 .8,003.
V. 27, p. 124; Y. 28, p. 96.)

^

sub¬
ItR., Baltimore city, and
Virginia counties. Operation of tbe road by Balti¬
more & Ohio was discontinued, and temporary lease
made to Shenandoah Valley Railroad. (V. 20, p. 16,
53; V. 21, p. 396; V. 22, p. 463, 559, 591, 607.)
Vermont & Canada.—Under lease to Vermont
Central. (V. 24, p. 421, 566; V. 25, p. 476, 641.)
Vermont Central.—in 1872 the Company went to
on interest, and has since been in numerous
complications. A new corporation under the name
of Central Vermont was formed, with $2,OOU,OX)
paid-up capital, and assumed obligations of the old
Vermont Central. Foreclosure pending on 2d mort¬

default

(V. 22, p. 110, 5s9; V. 23, p. 40, 370, 623; V.
24,°p. 413, 566; V. 25, p. 431.)
Vermont cfe Massachusetts.—This road is leased to
the Fitchburg RP*. Co. for 999 years, from Jan. 1,
1874 for interest on the debt and 5 per cent on stock
till 18c0, and 6 per cent for tne remainder of the
gage.

exclusive of all taxes.

Meridiem.—Net earnings 1877-8,

The omy coupons paid s nee April, 1876,
were those maturing Jan., 1878, and the special loan
coupons of Jan., 18*7. (V. 27, p. 67.)

$133,1364.

Wabash.—This is the Toledo Wabash & Western
re-organized after the sale, June 10, 1876, under
consolidated gold mortgage of 18 3. New litigation
commenced in May. Ibf8. lb ere is a debt of $560,-




^

*

48

(for $700,0001

receipts 1877-8,
(V. 20, p. 141;

payable $56,000
The “Beney” mort. included in funded

the Equipment Company,

*

1875
1871
.

_

.

.

1855
1858
1860

1867
1873
1871
....

1871
....

1861
1866
1869

1,000
500 Ac.

1,000
1,000
100 Ac.
100 Ac.

1,000
1,000
1,000

1,000
1,000
250 Ac.
100 Ac.

Amount

Outstanding

Rate per
Cent.

$4,000,000
3,000,000
1,500,000
500,000
3,000,000
1,500,000
1,500,000
444,100
1,508,600
2,860,000
550,000
200,000
150,000
703,500
850,000
145,000
1,180,600
217,400
16,000,000
900,000
2,500.000
2,495,000
500,000
300,000
1,000,000
1,500,000
2,500,000
2,610,000
2,700,000
3,015,950

.

100

750,000
600,000

....

100
....

....

....

1,000,000
500 Ac.
....

100 Ac.
50
500 Ac.
500 Ac.
500 Ac.

1,310,000
821,300
1,100,000
1,359,750

400,000
1,000,000
1,000,000

1858
....

1867

•

•

•

....

....

....

....

....

1870
1870
....

....

1871
-

-

-

*

•

•

•

•

1873
1875

....

1,000
500 Ac.
100 Ac.
....

....

500 Ac.

100
....

10*0
-• •

•

1874

648,700
221,400
749,000
8,168,000

1,789,800

500 Ac.

g*
g.
g.
g.

7
7

6

payable $200,000 per
Operations for 18? 6 showed $4,(498,371 gross
earmnsrs, and net earnings of $1,523,421.
The com¬
pany trive-no balance sheet in iis annual report,
debt bonds is for $1,'00,0 0,

year.

tbe actual finau

(V. 26, p. 215,
V. 27, p. 17. 68, 487,
3 5 0, 354, 402, 429,

Warren (N. J.).—Leased to Delaware,
& Western at 7 per cent on stock and

Lackawanna
bonds. Net

earnings in 1875, $241,056.

Washington City, Virgin"a Midland <t Great South¬

ern.—Gross earnings year ending Sept. 30, 1878,
$1,218,0i7; expenses, $803.0 0; net earnings, $415,117.
The company has been assisted by Balt. & O.
Tbe president, Mr. John S. Barbour, was appointed
receiver in July. 1876. Interest in default, but re¬
ceiver ordered to make certain payments.
Full
statement of liabilities
in V. 28, p. 70. (V. 23,

and condition of litigation
550; V. 27, p. 332, 437; V.

p.

28, p. 70, 147.)
Westchester dt Philadelphia.—Owes earnings, 1876’77, *332.274; net, $112,964. (V. 22, p. 304; V. 24,
p. 62; V. 26, p. 116.)
West Jersey.—Gross earnings, 1878, $503,283: ex¬

penses, $305,826; net, $197,4.6.
Net profit above
interest and rentals, $6,241.
(V. 24, d. 249; V.
26, p. 263.)
Westem <fc Atlantic—This toad is owned by State
of Georgia, and leased at $300,000 per annum.
Lessees have issued the income bonds. (V. 22, p.

130.)

AlaJbama.—Sold in foreclosure, April 19,
bought by Central Ga. and Georgia Rail¬
roads, for whose account it is operated. (V. 20, p.
398, 405, 445; V. 25, p. 4 56.)
Western

F.

M.
J.
A.

Q-J.

July 1, 1891
Jau. 1, 1891
Nov. 1, 1886
1891
1876 to 1889
Jan. 1, 1887
1902

April 7, 1879
July 1, 1883
July 1, 1879
July L 1885
Jaii. 1, 1890
Jan. 1, 1890
Jan.
Jau.

Aug. 1, 1890
Aug. 1, 1890
Aug., 1888
1890
Aug. 1, 1882

Nov. 1,
Nov. 1.
Nov. 1,

1878

1878

May 1, 1893

tfeb.,

1907

Aug., 1889

April, 1879

do

do

1900

do

do

1905
Nov. 1, I860
Jan. 1, 1875

May 1, 1873
Sept. 1, 1880
July 1, 1880
Jill

vr

1

1Q«‘>

May 1, 1903
April 1, 1896
Jan. 6, 1879
April 1, 1891
Aug. 15, 1877
Mcli., 1883
Jau.,' 1896
Oct., 1890
Oct. ’79 to ’91

Atlanta, Co.'s Office.

J. New York A Savannah.
O.
do
do
do
O.
do
J. Balt., N. Mechanics’ B’k
do
J.
do
J.
do
do
J.
Hagerstown.
J. Balt., N. Mechanics’ B’k
J.
do
do
do
J.
do
O.
Philadelphia, Office.
do
J.
do
do
do
O.
N. New York, J. M Piekrell
D. Balt., Safe Deposit Co.

J. A D.
J. A J.
M. A N.
J. A J.
J. A J.
J. A J.
Various
A. A O.
F. A A.
A, A O.
A. A O.

1, 1890
1, 1890
1880

do

.

A
A. A
A. A
J. A
J. A
J. A
J. A
J. A
J. A
J. A
A. A
J. A
A. A
M. A
J. A

1^

445k 471, 496, 524, 549, 592, S26;
515, 540, 563; V. 28, p. 2,0, 221,
495.)

A.

J.
A.

do

A N. Balt., R. Garrett A Sons
A J.
do
do
A N.
do
do
A S.
do
do
do
A J.
do
A J.
do
do
A N.
do
do
A O.
do
do
A J.
Philadelphia, Office.
A O.
do
do
A A. Phila., Pa.RR.Co. Office
A 8.
do
do
A J.
do
do
A O.
do
do

J.

1,185,000
700,000

statement of its whole debt,
cial status being thus concealed.

M.
J.
M.
M.
J.
J.
M.

•

do
do
do
do
do
do
do

Nov. 1, 1878
June 1, 1872

N.Y., Del., L. A W. RR.

A O.
M. A S.

6 A 7

nor

Q.-F.
F. A A.

A.

350,000
250,000
400,000

....

do
do
do
do
do
do
do
do
do ‘ *

N.
A.
N.
N.
N.

A. A 0.

3
6
7
7
7
2

1,456,200

Y., Metropolitan B’k.

A.

7
7

8
8
6
6
6
6
6
6
6
6
6
7
8
7

400,000
300,000
300,000
600,000
875,000
1,000,000
800,000
1,000,000
1,200,000
350,000
3,200.000
600,000

•

....

A. N.
A.

8

1,200,000
200,000

....

....

1868
1870
1872
1863
1865

782,000
300,000
600,000

1,000
•

F.
F.
F.
M.
F.
M.
M.

6
6
8
8
7
7
7 g*
6
4
7
3
6
6
7
7
10

1,200,000
1,650,000
133,050

....

7
7
7
7
7

3*2

Stocks—Last
Dividend.

Whom.

N. N. Y., D. L. A W. RR.
D. Boston, E. Blake A Co.
J. Boston,Nat.Bk.of Redm
J. Boston, Globe Nat. Bk.
N. Boston,Nat.Bk of Redm
D.
do
do
N.
do
do
J.
do
do
N.
do
do
O.
Boston, Office.
J.
do
do
J.
do
do
J.
do
do
J. Phila , Girard Nat. B’k.
J.
do
do
J. Phila., Girard Nat. B’k.
O.
do
do
J.
do
do

A
A
A
A
A
A
A
M. A

Bonds—Princi¬

pal, When Due.

Payable, and by

A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A. A
J. A

2,692,539
525,070
1,657,652
817,800

....

Where

M.
J.
J.
J.
M.
J.
M.
J.
M.
A.
J.
J.
J.
J.
J.
J.

7
7
7
7
3 A 7

1,800,000

....

When

Payable

3
4
8
7
7
7
8
7
8
3
6
7
7
7
7
7
7
8

7

,

500,000
1873
1866
1868
1870

48

(Va.).—This road was built chiefly by

per year.

-

....

scription of Balt. A Ohio

000 due

*

327
94

land grant.

Utica Chenango <t Susquehanna Valley.— Road is
leased to Del Lack. & West. Railroad at 6 per ceut
per annum on stock.

Vicksburg <fc

188

’*

Worcester <& Nashua—Stock
Bonds ($125,000 are 7 per cents).
Bonds
Bonds
Nashua 6c Rochester—Stock
do
do
1st m., guar,

ease,

27
128
60
38
63
41
138
116
44
160
90
90
90
90
90
90
90
57

179
179

Sinking fund bonds, gold

Wisconsin Central^-lnt

Valley

....

4

do

do

100
100 Ac.
500

1855
1870

....

Wilmington <& Weldon—Stock
Sterling bonds

1,000

18

....

Augusta—1st mortgage —

1858
1859

Ac.
Ac.
Ac.
Ac.
Ac.

1,000

28

Pittsburg Branch

General mortgage....
--Williamston & Tarboro— 1st mortgage

1853
1853
1863
1865
1862
1858

Ac.

1869

....

..

1865
1869
1872
1866
1866
1866
1866
1871

500
500
100
100
500
100

1867

....

by Cent, of Ga. and Ga. RR. 6c B. Co.
Maryland— 1st mort., endorsed Balt. City..

2d mort.. guar,

....

....

109

....

Westchester <6 Philadelphia—Preferred stock
1st mortgage, new
West Jersey—Stock
Loan of 1883, guaranteed by Camden 6c Amboy..

Par

Value.

1,000
1,000

18
18
310

Washington City, Va. Mid. de Gt. Southern—Stock...
1st mortgage, 0.6c A., and funded interest
2d mortgage, O. 6c A.,
do
do
3d mortgage, O. 6c A.,
do
do
4th mortgage. 0.6c A.,
do
do
1st mortgage, O. A. 6c M. RR
2d mortgage. O. A. 6c M. RR
Gen. 111014., gold, Wash. C., Va. Mid. & Gt. South’d
Lynchburg 6c Danville, 1st mort., guar., coup

Wilmington, Columbia <£■

.

....

Warren (N.J.)—Stock
2d mortgage
1st consol, mortgage

1st mortgage,

.

140
140
140
140

(not endorsed)

"Wabash—Stock
1st mortgage (Toledo A Illinois)
1st mortgage (Lake Erie, Wabash & St. Louis)
1st mortgage (Great Western of 1850)
1st mortgage (Quincy A Toledo)
1st mortgage (Illinois & Southern Iowa).
2d mortgage (Toledo A Wabash)
-.
2d mortgage (Wabash A Western)
2d mortgage (Great Western of 1850)
Consol, mort., (ou all but Decatur 6c E. St. L.)
1st mortgage, (Decatur A East St. Louis)
Funded debt bonds and scrip ($043,050 at 7)

Western

.

,

Vicksburg <& Meridian— 1st series (red endorsed) —
2d series (blue endorsed)
3d
do (black endorsed)
4th

1871
1871
1866
1866
1866-9
1867
1872

80
77
80

Vermont & Massachusetts—Stock
Convertible bonds
do
do

.

....

Income and extension bonds (to pay

1st mortgage

-

....

....

INTEREST OR DIVIDENDS.

Size, or

$100

98
73

Chenango <& Susquehanna Valley—Stock...

Vermont <£ Canada—Stock

2d mortgage,

Date
of

Miles
of

’

xxix

July. 1881
Oct, 1, 1888
Oct. 1, 1890
Jau. 1, 1890
Jan. 1, 1890

Jau., 1890
Jan., 1890

Jan., 1895
Jan., 1900
Jan., 1902
April 1, 1893
Jan. 1, 1896
Oct. 1, 1901
May 1, 1900
June, 1900
Nov. 30, 1878

London.
do

P881
1886

N.Y.,Bost.,Lond., Frank

1896

Boston, Office.

July 1, 1901
July 1, 1876

Worcester, Office.
do

do

Bost., Globe Nat. Bank.
do

do

1881 A 1887

April 1, 1893
Feb. 1, 1895

Worcester, Office.
April,'1879
Bost., Globe Nat. Bank. April 1, 1894

year, to September 30, 1878. showed gross receipts,
$317,201; expenses, $217,2.5; net receipts, $129,026.
(V. 26, p. 84, 471; V. 27, p. 406, 678; V. 23, p. 97,
121, 14 i, 4 .4.)
Westem Pennsylvania.—The Pennsylvania RR.,
lessee, owns $972,650 stock out of the total amount
of $1,022,450. $148,000 of branch bonds, auu <.11 of
$l,2t}P,000 general mortgage bonds; net earnings
1876, $225,498. (V. 22, p. *06.)

Wd'iamston

Tarboro.—Road in progress.

recent financial information.

No

Wilmington Columbia <k Augusta.—In 1875-6
earnings were $116,633 net. There are certificates
of indebtedness for $336,000. \V. 22, p. 15; V. 26, p.
368,303; V. 27, p. 68, 438.)
Wilmington <k Weldon.—Formerly leased to Wil¬
mington, Columbia & Augusta road, but in Dec.,
1877, default was made by lessee and property
reverted. In 1817-8 gross receipts were $487,815;
net, 1175,045. (V. 26, p. 68, 420, 496; V. 28, p. 44,
1*4 4.)

Wisconsin Central.—Of the above bonds. $ 1,36b,000 are ‘ unfun ed,” bearing coupons of July, 1875,
and since; $3,579, 00 have funded nine coupons,

including July. )879; $3,111,000 are ‘'clipped”
bonds, flr>-t coupon due Jau., lb8l; $15.00) are par¬

tially “clipped” bonds, issued by mistak*, with
ending Sept. 30,

coupon of July, 188<>. on.
In y ;ar
1*76, net earnings, $29?,.33.
Paid

rent of Mil. &

leased, sk' ,404. Land grant is over
Tbe Philips & Colby Construction
Company operati- g tin* road became embana*sed
in Dec. lc?7.
Foreclosure: suit begun September,
Nortnern Rli.,
8X),000 acres.

Trustees took possession Jau., 1879. (V. 26,
18; V. 27, p. 358, 375, 480; Y. 28, p. 18, 70.)

1S73.
p.

Worcester <k Nashua.—Guarantees the stock and

Maryland.—This company was largely as¬ bonds of Nashua <fe Rochester, leased. Intere-i to
sisted by the city of Baltimore, which has also be reduced to 5 per c nt. For year ending Septem¬
bought its overdue coupons. Proposition to bond¬ ber 30, 1878, net incogie was* $83,060. (V. 25. d.
^
holder#, Y. 28, p. 121. Annual report for last fiscal 430; Y. 27, p. 537; V. 28, p. 378.)
Western

9

CANAL STOCKS AND BONDS,

3TXX
C--:

=L»

—

Subscribers will confer a great favor by giving
Miles

explanation of column headings, &c., see
at tlie head of first page

of tables.

note8

Date Size, or
of
Par
of
Canal. Bonds. Value.

Outstanding

$50

$2,078,033

Vario’s
25

1,993,750
8,229,594
2,000,000
4,375,000
1,699,500
1,633,350
800,000
20,000,000
1,482,000
3,500,000
6,482,000

14
14

Uhesapeakt <£• Delaware—Stock
1st mortgage (originally $2,800,000)
Chesapeake d) Ohio—Stock
Maryland loan, sinking fund
Guaranteed sterling loan
Bonds having next preference

1856

50

60
60
143

JSdaicare Division—Stock, (Conv.iuto LA’.&N.stck.)
3jt mortgage (extended 20 years in 1878)
Delaware <£ Hudson—Stock

IstTuortgage extended
1st mortgage, registered

1853

1869
1871
1874
1877

i53

Xfhigh Coal & Navigation—Stock
-Loan, conv., coup., gold (assumed L. & W. Coal Co)

....

1,000
1,000
1000&C.
50

1,000
1,000

1,000
1,000
1,000

.

1,000

1872
1871
1872

Consolidated mortgage loan
Greenwood mortgage, reg.

Extended, 1377
Monongahela Navigation (Jo—Stock
Morris—Stock, consolidated

83
103
103
103
103

(for $1,000,000)

scrip dividend
Pennsylvania—Stock
General mortg., interest guar’d by Penn. RR
Schuylkill Navigation—Stock, common..

1876
1865
1869

327
327
103

Preferred stoclr

1,000

780,000

various.
various.
50

1,000
50
50

1,000

.

1,000

Boat and car loan
Boat and car loan

.

^

•

.

50

1839
1859
1841-4
1872

....

bonds of 1872
85

Union—1st mortgage

Chesapeake <£ Delaware.—Delaware City to Chesa
^esle City, Md. (V. 27, p. 66).
Chesapeake dt Ohio.—Gross receipts, 1875, ?473,210;
vet, $254,175. Paid on bonds, $2*3,940. (V. 24, p.
»9.)
Delaware Mv.—Leased to Leh'gh Coal & Naviga¬
tion Co., at interest on bonds, and i per cent a year

stock, payable till Feb., 1830, inclusive, in scrip,
Aug., 1881, half in scrip. (V. 2?, p. 41, 193.)
Del. & Hudson Canal.—This Co., which is among
fbelargest miners and carriers of coal, leases the Alb.
Jb Sveq. and Renss. & Sar. Railroads. Also endorses
bonds of N.Y. <fc Canada RR. Annual report, 1878,
V.28, p. 501. (V. 26, p. 208, 242, 495 561, 574,
599; V. 27, p. 602, 628; V. 28, p. 4,3, 501.)
«j

then till

1,000
1,000
1,000

1870
1363
1864

45

Susquehanna—Stock
Maryland loan, 2d mortgage
§....
Susquehanna Canal, common bonds, 3d mort
do
pref., 3d. T. W. priority b’ds..

When

Cent.

Payable

•

....

•

.

.

J.
J.

3
6

Bonds—Princi¬

6
5
6
2s.
6
4
7
7
7 7

7
l!g
6 g.
6
6
6 g.
G
6
7
7
4
2
5
7
7
7

220,000
103,164
4,480,405
3,000,000

assumes

$355,860.

6
70c.

909,236

$1 40

3,175,900
1,709,380
3,990,392
1,200,000
260,000
756,650
628,100
2,002,746
1,000,000
1,320,000
325,310
250,000

6
6
6
6
6
7
•

J.
F.
J.
F.
M.
J.
J.
A.
M.

June, 1873

Philadelphia, Office.

&*J.

do

July, 1886

do

....

•

•

&
<fc
&
&
&
&
&
&
&

London.
J. Balt., A. Brown & Sons.
A.
Philadelphia, Office.
do
do
J.
A. N. Y., Bk. of Commerce.
do
do
N.
do
do
J.
do
do
J.
O. N. Y., office 71 B’way.
do
do
S.

M. &

do
do
do
do
do
do
do
do

8.

&
&
&
&
&
&
&
&
&

gold loan due 1897, and leases the Lehigh &
Susquehanna Railroad.
The Lehigh & WilkesBarre Coal Co. assumes $500,000 of the gold loan
due 1897, and £771,000 (all) of the convertible gold
loan due 1894, and bas also leased the coal lands
of the company.
(V. 22, p.
V. 24, p. 247,
445; V. 25, p. 438; V. 28, p. 198, 224.)
Monongahela Navigation Company.— Receipts,
1875, $196,576; expenses, $80,487; dividends, $90,337.
the

April, 1871, to Lehigh Valley Rail¬
The lessees assume bonds and

1879

July 1, 1898
Aug. 1, 1876
Nov. 1. 1891
1884
1891
1894

Sept. 1, 1917
Sept. 2, 1876

do
do
do
do
do
do
do
do

1894
1884
1897
1897
’79- 80-’81-’82
1882
June 1,1911
1892

D.
D.
D.
D.
*
A.
J.
Pittsburg, Office.
A. Lek.Val.RR.Co., Phila
do
A.
do
O.
do
do
A. & O.
do
do
F. & A.
do
do

Feb. 4, 1.879
Feb. 4, 1879

April 1, 1906
Oct., 1885
Feb., 1889

....

J. & J.
F. & A.
F. fit A.
&
&
&
&
&

j.
j.
j.
j.
M.

do
do
do
do
do
do
do
i

&
&

j.!

&
&

j.;
j.i

do
do
do
do

March, 1897
1882 to 1907
1895

do
do

May, 1880
May, 1913
May, 1915

do
-

_

T

^

r

T

,

Phila. and Baltimore.

j.|

& N.

July, i910
Aug. 25, 1878
Aug. 25, 1878

Philadelphia, Office.
Philadelphia, Office.

J.
J.
N.
N.
N.

....

.

The Central R.R. of N. J.

Feb. 4,

Philadelphia, Office.

Q-J.
Q-F.

J.
J.
J.
J.
F.
J.
F.
F.
A.

1870
1890
1885

Balt., A. Brown & Sons.

Q-M.

J.
J.
M.
M.
M.

6
6
6
7
6

3.000,000

DANIEL A.

& D.

Q. -M.

(in purchase of equipment), $2,310,000 of

Morris— Leased
road for 999 years.

Stocks—Last
Dividend.

Payable, and by
Whom.

Q- J.
Q-J.

....

Lehigh Coal & Navigation.—Gross receipts in 1873,
J969,252; expenses and int., $1,32‘>,113; excess of
the latter,

Where

pal, When Due.

....

11,193,550
771,000
5,381,963
2,000,000
4,658,500
508,520
41,550
1,369,259
1,004,300
1,025,000
1,175,000

...

Mortgage bonds, coup, (payable by P. & R.)
Improvement bonds

Rate per

4,856,000
5,000,000

50
100
100

....

....

Amount

717,000

1870

extended

do

1,000

....

1st mortgage, registered
1st mortgage, registered, railroad
Mort. loan, ~g. ($2,310,000 assumedC. RR. of N. J.)
Loan
Loan extension, convertible till December, 1377.

1st mortgage,
2d mortgage

1,000
100

148
148

do
do
Debenture loan of 1894, coup and reg
1st M., coup. & leg., on Penn. Div. ($10,000,009)

Preferred stock
2Sew mortgage
Boat loan
Preferred stock

Immediate notice of any error

discovered In these Tables.

INTEREST OR DIVIDENDS.

DESCRIPTION.
For

[VOL. XXVIII.

do
do
do

Jan.,

do
do
do

i.885

Jan. 1, 1878

Jan., 1894
Jan., 1902
May 1, 1883

Philadelphia, Office.

scrip, and pay 10 per cent per annum on preferred
stock, and 4 on consolidated stock. (V. 12, p. 714).

Pennsylvania Canal.—Worked in interest of Penn.

RR. which guarantees

interest

on

bonds.

An old

mortgage of £90,000 is due in 1887.

Schuylkill

Navigation

Company.—Leased from

June 1, 1870, to Philadelphia & Reading for 999
years, at annual rent of $655,000, including ''ertain
real and personal property conveyed to Philadelphia
& Reading. The dividend of Aug. 22, 1877, was pay¬
able in Phil. & Reading RR. scrip. (V. 22, p. 493;
V. 26, p. 418.)

Susqwhanna & Tide Water.—Leased and operated
by Philadelphia & Reading Railroad for interest on
bonds and half of net earnings.

Union Cana. .—Stock, $2,907,850.

MORAN,

(Member of the New York Stock Exchange.)

Manhattan Bank

40 Wall Street, New York.

Building,

DEALER

First-Class

Railroad, State, City and County Bonds.
THE

UNITED

VARIOUS

STATES
BOUGHT

COUPONS




I TV

ANTS

ISSUES

OF

GOVERNMENT
SOLD.

AND

DIVIDENDS

CORRESPONDENCE

BONDS

COLLECTED,

SOLICITED.

ETC.

May

MISCELLANEOUS STOCKS AND BONDS.

31, 1879.]

Subscribers will confer

a

great favor by giving Immediate notice of any error discovered In these Tables.

DESCRIPTION.
For

explanation of column headings, &c., see
notes at the head of first page or tables.

Datesaf
Bonds.

Size

....

....

....

....

1874

Mortgage bonds (for $2,800,000)
Canton Improvement Company—Stock
Sterling bonds (sirk.f’d one-fifth of land sales)
Mortgage bonds, gold, sixes (for $2,500,000).
Un. RR., 1st M., end. (s. f., rents on $220,103)
do 2dM.,g.,end.,(8.f. gr’nd r’nts on$144,800;
Consolidation Coal of Maryland—Stock
1st mortgage (con vertible)
1st mortgage, consolidated, convertible

....

1873
1874
.

.

.

....

1864
1872

•

•

Mortgage bonds (lor $500,000)
Maryland Coal—Stock
Ontario Silver Mining—Stock
Pacific Mail Steamship Company—Stools
Pennsylvania Coal—Stock
1st mortgage bonds
Pennsylvania Anthracite Coal—Stock
1st mortgage (east side) bonds on 1,053 acres

•

•

100
....

....

....

£100
100

....

100

....

....

*25

Southern <& Atlantic Tel.—Guaranteed stcok—

Spr’g Mountain Coal—Stock,guar.7 p.c.by L.V.

50
10

....

Butro Tunnel—Stock

....

Mortgage bonds (for $2,000,000)

1879

United States Express—Stock
United States Roiling Slock—Stock

....

Wells, Fargo <£ Company Express—Stock
Western TJiiion Telegraph—Stock
Real estate bonds, gold, sinking fund
Bonds,coup or reg.,conv.till May,’85, s.f.lp.c.
Sterling bonds, coup. (s. f. lp.c. per annum)..

...

1872
1875

1,000
1,000

1875

£100&c

Atlantic <t Pacific Telegraph.—Pools with West¬
ern Union the’-gross receipts on the basis of 87%
to the W.U. and 12% per cent to A. & P. Expenses
were arranged at Vi‘14% per cent to Atl. <& Pac.
and 86*85V4 to Western Union. (V. 26. p. 3)4, 436,
469, 521; V. 27, p. 280, 627: V. 28, p. 452.)
Water Power Co.—Annual report in V. 24.
p. 183; V. 24, p. 111. 396; V. 27, p.

(V. 23,

Co.—The annual itpoit for
year ending May 31, 1878, is in V. 27, p. 14.
Of the
$2,500,000 mortgage $600,000 is reserved to pay ster¬
ling loan. The Company owns the stock of the
Union Railroad Comp my and guarantees its bonds.
(V. 24, p. 613; V. 27, p. 14.)
Canton Improvement

Consolidation Coal.—Annual report for 1818 in V.
-28, p. 3)1, showing gross receipts, $1,563,808; ex-

Consol, mortgage

Guarantees also

J. &
J. <fe
J. &
M. &
M. &
J. &
J. &
A. &
M. <fe
A. <fc
J. &
J. &

1.

New York. Office.
New York.

June, 1884

London, Brown. 8. & Co
New York

or

London.

1900

2, 1977
Jan., 1885
Jan. 1, 1897
Oct. 15, 1875
Nov., 1893
April 1, 1928
Jau. 1, 1888

N. Y., at Ill. Cent. RR.
New York and London.

Lond.,J. 8.Morgan & Co.
St. Louis.

Boston, Treaa.’ Office.

Q.-F.

1, 1904

Jan.

do
do
do
do
New York. Office.

J.

i‘,‘1904

Jan.
Jan.

London.

N.Y.,Co.’s Office, 71 B’y.

0.
J.

1879

Sept. 10, 1877
Mar. 30, 1879
Nov. 12, 1872

do

J.
J.
J.
N.
8.
J.
J.
O.
N.

J.

Feb.

i’,‘i.879

Jan. i* 1886
Jau. 31, 1876

New York.

& J.
....

St. Louis.
3
3
7

N. Y., Ill
do

Q.-F.
F. & A.

J.
J.

7

7
6
2
8
8
8

D.
& D.

New

7
7 g.

275,000
948,000
1,500,000

7g.

(?)

do

Aug. 1, 1881

Junei,i892
June 1,1892
1877

York, Office.

N.Y., FarrnL. AT. Co.

M. & N.
F. & A.

1,000,000
218,000
5,708,700
4,291,300

Sept., 1868

Broadway.

N. Y., 4th National Bk.

Q.-J.
Q.—F.

do
do
do
do

Q.-F.

A. & O.
A. & O.

May 15,1879
May 15, 1881

do
do
do
do

London, J. S. Morgan & Co.

Feb. 15, 1887
Aug. 15, 1892
Oct. 15, 1888
April 1,1885

.

J.

<fc J.
A. & O.

N. Y.,

2ia

312

J. & D.

N.Y., West. Union Tel.
N. Y., Company’s Office.

.

.

#

#

Company’s Office.

London.
1
2
4

•

•

•

M. & 8.
J. & J.

lifl

Q.-J.

7 gr*
i

981,234

•

6 g.

M. & N.
M. <fc N.
M. & 8.

1879

Oct., 1878
June 10, 1879

s

,

New York, Office.
New York aud London.
New York, Office.
New York, Office.
N. Y., Union Trust Co.
N. Y., Treasurer’s Office

London, Morton, R.& Co

L*1891

Jan.
Nov. 15, 1878
Mar. 1, 18/9
Jan. 15,1879

April 15, 1879
May, 1902
May, 1900
March 1,1900

Pennsylvania Anthracite Coal.—Stock and bonds

Oct., ’78, ’79 and ’81

200.)

sola

under

the

xnuuAX

in

on 1st mort. bonds to be paid
bonds, April, *881. (V. 26, p. 420, 524: V.
17, 227, 43% 461, 677; V. 23, p. 221.)

fame

27, p.

yutctcsuver mining

Bieriing

company.—(V. 22,

p.

233,

Spring Mountain Coal Company.— This is guar¬
year till 1885 by Lehigh
Valley RR.

anteed 7 per cent per
Sutro

Tunnel.—Tunnel

on

Comstock

facilitating ininiog operations. (V. *7,
p. 147, 214, 302.)

Mariposa Land <fc Mining Co.—Assessments made
the shares from time to time. (V. 23, p. 112, 329;
V. 24, p. 128; V. 25, p. 338; V. 26, p. J90.)
Maryland Coal—Balance sheet, V. 24, p. 226;
V. 26. p. 95
Pacific Mall Steamship Co.—Report of President
Babcock in V. 28, p.42,97. For previous reports, refer
to following pages. (V. 26, d. 217, 523, 5 4 7, 625,
651; V. 27, p. 68, 229, 384, 628, 653; V. 28, p. 42, 97,

p.

Lode for
529; V. 28.

United Stales Express.—New stock of $1,000,000

on

a

vur/oj/uni/.— x iiu

*03hV. 2% p. 507; V. 25, p. 15, 358; V. 27. p.

Iowa Railroad Land Co.—This company manages
the land grants of five distinct organizations. The
total Jan l owned was 530,217 acres. March 31, 1877.
In 18.'6-7, 84,032 acres were sold for $576,8i6, and
601 town lots for $62,962.
The cash cwl ec ions
were $772,6i5, and dividends 4l/t per csnt.
(V. 26,
p. 549.)

Pennsylvania Coal.—Liabilities at
are pntL

vyi*/

Com¬

bonds of 1875, of which the whole issue authorized
is $1,000,000, are convertible into stock from April
1, 1878, to April 1, 168!. (V. 23, p. 4<>2; V. 25, p.
308; V. 26, p. 217; V. 27, p. 302; V. 28. p.

i" stock are to be issued under the re-organization.
Of the stock $2,490,000 is first preferred, $3,0L0 000
2d pref.. and $:i 500,000 common. The coupons due

dividends

issued.

(V. 22,

p.

159; V. 23, p. 87.)

United Stales Rolling Stock Co.—See reports V. 26,

289; V. 28, p. 145.
WtUs, Fargo & Co.—An increase in capital to
$6,250,000 is proposed. (V. 28, p. 13.)

p.

Western Union Telegraph.—The companv holds
nearly $6,000,000 of its own stock, making the
total $41,073,410.
(V. 26, p. 135, 266, 304, 592,. 628;
V. 27, p. 274, 381, 454, 568, 629, 668; V. 23, p. 227.)

minimum and

MORRISON,

WALL

STREET, NEW YORK,
TRANSACTS

General

1, 1878

Jan.

admitted to N. Y. Stock Board Feb., 1877.
pany failed February, 1879. (V. 24, p. 112.)

$135,000 Un. Mining Co. bonds.
V. 28, p 301.)

34

Dec.

Company’s Office.

The railroad ana
mortgage of 1873,
July 1, 1878, for $450,000. Foreclosure under the
first and second mortgages on the Bridge was made
Dec. 20, 18.'8. The above mortgage aud $7,990,000
were

402.)

E.

Company’s Office.

<fe D.

Illinois & St. Law8 Bridge.—Net income, 1876-77,

bonds of the Cumberland & Penn., and assumes

(V. 26, p.262;

N. Y.,
N. Y.,

J. & J.
M. & S.

$219,777; in 1877-78, $219,598.

tunnel

American Coal.—The report for 1876 showed gross
receipts, $531,333; net, $25,399. (v\ 22, p. 180; V.
24, p. 248.)

100
100

....

Company.—A reference to the

of Dinsmore and others in V. 19, p. 270.

....

_

Whom.

Pay’ble

lifl

600,000
7,000,000
5,000,000
5,000,000
35,084,975
1,373,000
3,920,000

100

....

When Due.

....

18,920,000

....

Stocks—Last Divi¬
dend.

Payable, and by

.

816,000

....

1878
1875

7
6
6
8
7
9 g10
1

10,000,000
20,000,000
5,000,000
481,500
2,000,000
1,000,000
500,000
2,500,000
5,938,200
298,000
432,000

100

Where

Boston, Office.

2!fS

(?)
4,400,000

1,000
1,000

Bonds—Principal

When

J.

6 g.
6 g.
6
6 g.

5,000,000

....

1872
1872

10 a.
7

1,000,000
7,620,000
10,000,000

INTEREST.

Q.-M.

1^
212

5,000.000
1,000,000

100
100
100
50

....

2

387,000
753,000
500,000
400,000

1,000

1861

Preferred stock...

enses, $1.2)9,2g3; net, $354,525.
onds are held to retire old bonds.

Rate.

10,250,000

100
100
100

....

Mortgage bonds,god

No.

999,000
783,000
600,000

....

.

396.
121.)

1,000

£200

....

Bonds, 2d series
Bonds, 3d series
Bonds, 4th series
Bonds, debenture
Bonds, sterling debenture, convertible
Quicksilver Mining Company—Common stock..

Boston

576,000

1,000

1875

1st mort. (west side) on 400 acres & 550 leased
Producers? Consolidated L’d «6 Petroleum- Stock
Pullman Palace Car—Stock

£200

100

•

•

25

4,000,000
1,740,000
1,107,500

1,000

Mariposa Land <& Mining Company—Stools.—
Preferred stock

15,000,000

1,000

....

•

100
100

1,000

1868
1878
1873
1875
•

18,000,000
1,500,000

500 &c.
500 &c.
100

.

....

Cumberland Coaid Iron Company—Stock
Dunleith <& Dubuque Bridge—Bonds, sink, fund
Illinois <& St. Louts Bridge— 1st M., new, s. f...
St. Louis Tunnel RR.—1st mort., sterling, s. f.
do
do
2d mortgage
Iowa RR. Land Co.—Stock

100
25

1,000

*

p.

outstanding.

$100 $12,000,000

American Express—Stock
American Coal (Maryland)—Stock
Atlantic <£ Pacific Telegrap/o- Stock
Boston Water Power

Adams Express

Amount

or

Par
Value.

Adams Express Company—Stock

suit

xxxi

A

Banking Business, Receives Accounts and Allows Interest
DEALS IN INVESTMENT SECURITIES,

Government, State, County, City and Miscellaneous Bonds.
BUYS
ALL

STOCKSAXD




SELLS

BONDS DEALT IN AT TIIE

SPECIE

UNITED

AND

STATES

BOUGHT

BOARD, FOR CASH OR ON A MARGI.V.
AND

SOLD.

REFUNDING

BOUGHT

AND

CERTIFICATES

SOLD.

INVESTORS’ SUPPLEMENT.

xxxii

Bankers

CO.,

&

LANCASTER

A.

R.

rv0i.. xxvht.

Brokers,

and.

AND 19 NEW STREET, NEW YORK,

66 BROADWAY

DEALERS

IX

FIRST-CLASS INVESTMENT SECURITIES.
GOVERNMENT

Railroad and Miscellaneous Securities

State, City, County,

AND

BOUGHT

SOUTHERN
We cull attention to the
interest

SOLD

TAX-RECEIVABLE

VIRGINIA

recent

certificates intrusted to

BONDS,

ON

COUPONS

SECURITIES

free of charge, except

QUOTATIONS

ARE

AS

as

to

•

Arkansas—6s, funded

76
58
5

49%

lprppq

7r

,

i6"

new,

102

,1886

111%
-

Louieiana—Consol., 7s, 1914
Co>

eol, 7s email
North Carolina— fie, old, 1836-98
6s, old, 1886-98
No. Carolina KR., 1683-4-5
do
do
do

do
do

49

J&J

24%

A&O

-m

35%
33%

Virginia—6s, old
6s, new, lot 6

21%
21%

33%

36%
33%
33%

33%

34

6s, conscl

35
35
79

ex-matured coupon

58%

6s, consol 2d series
6s, deferred

40

1661

,

*

111% 114
48/, 49%

J&J 106
A&O 106
coup. off. J&J 86
do A&O 66
6s, approved... 50

South Carolina—Con-ol.,
Consol., 6e, doubtful
Tennessee 6s, old, 1890-2-8
6e, new, 1891 93-1900
6s. new, eerie?, 1911
do

District of Columbia— 3-6cs, 1924
Small bonds

Registered
Atlanta, Ga., 7s—
Augusta, Ga., 7s, various
Charleston, S. C., 7s
Columbus, Ga., 7e.
Lynchburg City, Va., 8s
Macon, Ga.. 7s
Memphis, Tenn.—6s, 1960.
Gold, 6s. 1900

8%
87%
63%
83 %
100
105

55’

.«•

$0
10
25
30

Norfolk, Va., 6s.....

100

...

New Orleans, La.—5s, premium




70*

....

8s, coupon on

1692

65

26
10
26
32
102

103

1st, 7s

Atlanta & Charlotte Air L.—1st pref.,7s.
7g

105

106
103
100

Petersburg—1st, 8s

stock...
M&N

Orange & Alexandria—1st, 6s

J&J

2d. 6s..

lii”
92
92
90
50
22
63
107

ICO

60*
M&N
28
M&^
64
J&J
109
J&J
6s, 1880
l&J 103
J&J
6s, 1885
A&O 103
108% Pittsburg & Connellsv.—let, 7s,’98. .J&J 110%
Burlington C. R. & N., 1st, 5s, 1906. J&D 81% 82
Consol., 6s, gold, 1926
M&N

Guif—Consols, let, 7s, *1897... 103 105
40
Consols, 1st, 7s, 1897, end. by Savann'h 30
Atlantic Tennessee & Ohio, 1st, 8s, gold
Baltimore & Ohio-Stock
M&N 108% 109*
Atlantic &

Carolina Central, 1st, 6s, gold, 1923 .J&J
Central Georgia, consol, mortgage, 7s.
Chari. Columbia & Aug.—1st, consols, 7s
2d mortgage

Chesapeake"* Ohio, 1st

97
69

45*’

Houston & Texas Central, 1st, 7s, g..J&-J
Iowa Falls & Sioux City, 1st, 7s
Louisville & Nashville—Consol., 1st, 7s

Marietta &

3d, Rs

Cincinnati—Isf, 7s, ’92..F&A

..

Piedmont

100
75

6s

Columbia—1st, 7s

3d, 8s
4th, 8s
Orange Alexandria. & Man., 7s
Pettrsburg RR.—1st, 8s, 1879-93
2d. Re, 1902

..

KR., 1st, 8s

-

Richmond Fredericksb. & Pot.—6s..J&J

96%
100

106
118
105
90
50

106% 108

7s
Richmond & Danville, 1st, 6s
Richmond & Petersburg, 1st. 8s. .
Savannah & Chariest* >n, 1st. 7s
Savannah & Memphis—1st, 8s
1st, 7s
South Carolina RR., 1st. 7s
South Georgia & Florida—1st, 7s..

J&J

..

2d,7s
Side, Va.—1st, 8s, 1884-90
2d, 6s, 1884-90
3d, 6s, 1854-90......
Virginia & Tennessee, 6s
*

M&N

90

92

107*

103*'
93
104

98

101

102

M&N

.M&N
J&J

105
85
80
100
110

Wilmington Col. & Aug,, 1st, 7s..J&D

83

South

J&J
J&J

8s

Western, N. C., 1st, 7s

Consol., 2d, 7s, gold

50

41

112

Mobile—1st, 8s

Northern Pacific, new preferred
Ohio & Mississippi—1st, 7s
2d 7s

Greenville &

1C7

38

8s, 110

2d, 8s

Railroad Ronds.
Alabama & Chattanooga, 1st. 8s

84

104

Debentures
New Orleans Jackson & Gt. No.—1st,

1st, 7s
2d, 8s

84

68*

Mobile & Ohio—1st,6s...

New Orleans &

coupon on

95
2d mortgage 6s
Denver & Rio Grande, 1st, 7s
95%
East Tennessee & Georgia, 6s
90
East Tennessee & Virginia, 6s, endorsed 95
East Tennessee Virginia & Ga., 1st, 7s
104
114
Georgia RR.—7s
'.
6s
;
102

59
42

Bid. Ask.

Norfolk &

7s, guaranteed

—

Mobile, Ala.—6s

Consol.,

new

110
107

Chic. St. L. & N. Orleans 1st consol. 7-..

City Ronds.

..

7s,

1103

111%

7s, endorsed, 1685
7b, gold, 1890

do

—

Savannah, Ga.—7s, old
Vicksburg City
Wilmington., N. C.—6s, gold,
8s, gold, coupon on

...,

Georgia—6b. ' i879*80-86.!!". I
7s,

100
1C8
106
121
74
74

Richmond, Va —6s
8s

7e, railroads

any

Bid. Ask.

8s

48%

services to fund

our

FOLLOWS, IttAY 29

Petersburg, Va.—6s.

B

SPECIALTY.

bonds and
the commission charged by the Funding Association.

Bid. Ask.

New console, 5e.
do
C

A

SOLD.

AND

BOUGHT

Funding Act of the Virginia Legislature, and offer

our care,

State Securities.
Alabama—New console, A

COMMISSION.

miscellaneous

102

Bonds.

A&O

James River & Kanawha Canal- 1st, 6s.
15% 16
Memphis & Charleston—1st, 7s,’60.M&N 100% 101%
2d, 6s
2d, 7s, 1855
J&J 79
81% Mississippi Levee, 10 per cent bonds....
Stock
7
5%
41
Memphis & L. Rock, 1st M., 1907
37
Past-Due Coupons.
20
101
104
Tennessee State coupons
Mississippi Central—1st, 7s
2d
2d, 8 s
101
103
Virginia pealer coupons
79
Mississippi & Tennessee—1st, 8s, A
113% 114
Virginia tax-receivable coupons. .
1st, 8s, B
90

30

80