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Street Railway
SUPPLEMENT
OF THI
C ommercial
&
F inancial C hronicle.
FOR INDEX OF COMPANIES
See pages 91, 92, 93.
8^°We have no extra
94,
95 and 96.
copies of this Supplement.
l^o^e:m_"be:r? 16,
WILLIAM
1901.
R DANA COMPANY,
PIUB STREET, cobneb
PUBLISHERS,
PEARL STREET, NEW YORK.
[Entered according to Act of Congress in the year 1901 ,by William B. Dana. Company, in Office ol Librarian ot Congress, Washington, D. C.J
A. N.
CHANDLER &
ANKERS,
CO.,
B
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FIBST MORTGAGE RAILROAD BONDS AND OTHER HIGH-GRADE INVESTMENTS.
All bonis offered by ua have been carefully selected
of the property
and permanent
financial suooess of the
An experience of many years affords the
and investigated as
to legality of issue, physical condition
Company.
advantage of intelligent counsel in the making of investments.
Attention given to the organization and financing of corporations.
CAPITAL FURNISHED FOR MERITORIOUS RAILROAD ENTERPRISES.
H. B.
COR.
Issue
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Available in
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for
Travelers,
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INVESTMENT SECURITES.
all
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Special Attention Given to Street Railway Securities.
Street Railway
SUPPLEMENT
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ommercial &
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inancial
[Entered according to Act of Congress in the year 1901, by William B.
NEW
The Street Railway Supplement
is
Is issued three times a year and
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WILLIAM
New
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York.
1HE TRAM WA Y— STREET MAINTENANCE.
The period
{]
hronicle.
Dana Company, tn Office of Librarian of
YORK, NOVEMBER
Street Railway Supplement.
»
16,
Congress, Washington,
D.CJ
1901.
method appears to be the
lesB complicated and capable of more harmonious apThere are, however, several conditions in
plication.
casual thought the latter
favor of the other method.
Other things being the
same, it is always better for one party to have authority over and responsibility for all the property which it
uses. It can then make provisions, experiments and improvement s with any part or parts which shall secure a
harmonious adaptation of each part with the whole.
All controversies and excuses looking to the laying of
responsibility upon another party for shortcomings
are avoided.
Also in many cities and towns the Superintendent of Streets fills his position but temporarily.
Each new incumbent has new ideas in regard to
track construction and maintenance and has much to
learn.
Under such supervision, constant and uniform
progress which would be satisfactory to the railway
managements could hardly be expected. It would
seem that the construction of tracks and the maintenance of a stated street area by the railway companies according to city ordinance should give the more
which street railways were locked
upon simply as destructors and dt filers of streets is
gradually giving way to a period in which they are, so
far as possible, to assist in the betterment and maintenance of the thoroughfares through which they
pass.
That such a condition of affairs shall obtain
requires that the town or city officials must protect
their towns by the exercise of just, business-like satisfactory results.
principles, and that the railroad companies must
The cost of street maintenance can be decreased
maintain a broad, open policy in the endeavor to and the hindrance to traffic incident thereto lessened
acknowledge and accept reasonable demands made by the employment of street railway companies in
upon them. The people from which they obtain their street maintenance. This has been demonstrated by
in
patrons are to a great extent
poration.
A shrewd
members
of the city cor-
business firm would not consider
the suggestion to antagonize those
upon whom they
the use of the street railway sprinkling car.
method
streets can be
By
this
sprinkled rapidly without the
wear to the street surface of the horse watering cart
or the nuisance of such a lumbering vehicle.
The
The very large extension of interurban railways has assistance of the street railway in street maintenance
very materially improved the country roads in their is being carried a step further in Cleveland, Ohb. In
vicinity.
Many ighways have been found too nar- that city the railway company is undertaking to sweep
row to accommedate the railways without improve- the streets with a street railway sweeping car.
ment. Such occasions should be utilized by the town The credit for this scheme is given to Mr.
to improve alignments and grades.
The railways at I. A. McOormick, General Manager of the CleveBuch times have to expend considerable money in land Electric Railway Company. The car has two
track construction and if the town unites in improv- sweepers on one shaft attached at the rear end.
Both
ing the road at the same time the expense borne by brooms are raised and lowered by levers which are opit, without any additional outlay by the railroad comerated by the motor in the car. The inner broom
pany, will be much less than would be required of it sweeps between and just outside the rails, while the
alone to secure a vaetly inferior result.
In granting outer broom sweeps outside to a distance of ten fett
a franchise to a railroad company reasonable con- or more.
The first brooms used were not found to be
ditions should be imposed for the value thus given.
durable enough, as they were designed for snow rather
The policy to be pursued in cities is yet an open than dirt. It is thought that steel brushes will give
question. Shall the railway companies lay their tracks better results. The sweeper is preceded by a sprinkler
in such a manner as shall be acceptable to the city, to lay the dust, and is followed by wagons which
and thereafter maintain a certain portion of the street, gather the dirt that the sweeper places in the gutter.
or shall the city own and maintain the same and rent The efficiency of the car would be greatly increased if
its use to the companies for a specified sum?
Upon it could be so arranged that the dirt would be swept
depend for trade.
r.
—
STREET RAILWAYS.
2
under the car and gathered up by it. It
the car works best at a speed of about
honr
is
stated that
boilers, grates
and
fire
boxes.
Boiler-tube
coatings
an of excessive thickness are not uncommon, but they
require an excessive amount of fuel to generate the
required power.
co-operation
Proper maintenance of the distribToo little study has been given to the
which can be obtained from the street railways in uting system requires that the rail-bonds be kept intact
street maintenance.
Adequate study of this subject to form a closed circuit through the trolley wire and
car.
Trolley poles also demand consideration.
It is
will result in economical and improved methods.
not economy to allow poles to decay to the point
PRESERVATION Or of falling before they are replaced. The saving
PROPERTY.
effected by a few weeks added to the life of the
"A stitch in time saves nine." This truism applies poles may not be at all commensurate with the damwith great force to the management of street railways, age wrought by a single falling pole. In general the
where due attention Is often not given to economic policy should be to make thorough repairs as they are
operation.
This is the case more particularly on needed and not to resort to the expensive and unsatsmall roads, where such management is sadly needed isfactory method of letting them go until a general
to keep the expenses of operation in proper ratio with overhauling is imperative.
the comparatively small receipts. Very serious study
The successful management of any business deof detailed operation will be amply repaid by the sub- mands that every energy must be bent to increase the
stantial saving in cost of operation and by lessening receipts and decrease the expenses.
This can only
six miles
ECONOMY THROUGH
the depreciation of the plant.
parallel to the
Too often we
see the
be accomplished where a competent superintendent
farmer who buys expensive machines to in charge of
Money thus expended
is
be
many times saved by such a director. As has been
who after the work is finished leaves them unprotected indicated in the above, revenue can be increased by
in the fields, where the elements can unhindered offering a comfortable, efficient service at reasonable
work out their destruction. And then the farmer rates, and expenses decreased by discarding antiquated,
complains tbat the cost of operating the farm leaves expensive apparatus, by prompt repairs, and by careno profit. Complaint time spent in systematic plan- ful study of details. Every reduction in expense is
ning would render complaint unnecessary.
not economical. It is only the elimination of those
In the operation of street railways, opportunities expenses which do not bring adequate returns that
for economic management present themselves on every can be so considered.
side.
All the cars on any one system should contain
THE PASSING OF 1HE HORSE CAR.
the same kind of efficient motors, so that repairs can
be quickly and cheaply performed.
If they are of
By the recent adoption of electricity on the line
different kinds it is necessary to carry a large stock of from Onset Junction to the Independence Point
extra parts for repairs, or if the motors be antiquated Bridge, the last street car line in Massachusetts dethe parts must be obtained through special orders
pending on horses for its motive power has become
a costly procedure.
The track also needs constant extinct. The run, which used to require twenty minattention to keep the alignment and profile in utes, will now be made in five minutes. Despite the
proper condition.
Otherwise the cars and motors will general advanced and improved methods thus illusbe unnecessarily injured through incessant buffeting trated, the fact suggests a word of warning. We have
from one side to another and continual pounding at reference to the constantly increasing growth of the
high and low points. The cars themselves should re- nervous strain which we as a people are experiencing.
ceive careful inspection.
Great vigilance should be
This onward rush can be seen in a very intensive
exercised to keep the wheels, axles and brakes in form at suburban railway stations where cars run
good condition and the seats, floors and platforms every few minutes on the same routes. Yet at tht
neat and attractive. The amount of passenger traffic hazard of pushing waiting patrons in front of an apdepends greatly upon the condition of service offered, proaching car as has several times happened pasand will increase with improvements which offer more sengers scramble to board a car as though it were the
rapid and comfortable transportation.
last.
For success energy and intensity are requisite,
Bridges and other structural property on the line but thoughtfulness and calm deliberation are equally
are often supposed to take care of themselves after needful.
The aim should be to train ourselves to difconstruction.
A judicious, extensive use of the ferentiate between that which makes for dispatch and
paint-pot will greatly add to the life and sightliness of that which but ends in rush and confusion.
We are
such structures. Much economy may be effected by prone to observe or read many things in succession
the
economic generation, distribution
and use without weighing any, and thus reflect not ourselves
of the motive power.
The generating plant demands but another. In a recent speech at Birmingham, Engcareful supervision in all its details.
All coal should land, Lord Bosebery referred to "the restless enterbe analyzed to determine its calorific value. The prise of the Americans, their devouring anxiety to
economical coal is not always that which is sold for the improve existing machinery and methods, and the apsmallest price per ton.
Tbat part of coal which has parent impossibility of accumulating any fortune,
no calorific value is a manifold loas. Not only is it however gigantic, which shall satisfy or be sufficient
paid for at the same rate as the heat-giving coal, but to allow of leisure and repose."
He then added
money must be paid for hauling it from the car to the significantly: "A disdain of finality and anxiety for
coal pocket, more money expended to shovel it on to improving on the best seems almost a disease in
the fire, where it is a hindrance in the proper care of America, but in Great Britain we can afford to catoh
the fire, and yet more money must be paid to carry it the complaint, at any rate in a mitigated form, and
away with the ashes. It is far from econom- give in exchange some of our own self-complacency."
ical
to buy such dros3.
Another source of loss The assimilation of a little self-complacency would
is
frequently found in the condition of the surely be beneficial.
assist in
affairs.
will
the sowing, care, and reaping of crops, and
—
—
STREET RAILWAYS.
The
first street
car in Massachusetts, and
New Eng-
land as well, was opened on Maroh 26 1856, forty-five
years ago. The first car, drawn by two horses, started
from the corner of Massachusetts Avenue (then Main
Street) and Pearl Street, Cambridgeport, passed
with power brakes, be built to secure more perfect
control.
A new electro-magnetic brake, invented by
Mr. George Westinghouse, will render the control of
cars more certain, and will help to prevent such accidents as the above. The brake is a combined rail
brake and wheel brake. A magnetic track shoe is
suspended just over the rail on each side between the
wheels, with lever connections to the wheel brakes.
When it is desired to apply the brake, a current is
through Massachusetts Avenue, thence over the West
Boston Bridge and up Cambridge Street as far as
West Cedar Street. The opening trips were watched
with much enthusiasm and speculation in respect to
the commercial success with which the new line sent through the shoe which is attracted to the rail
would meet. The " Boston Evening Transcript" of as a magnet, and as it drags along the rail comes in
contact with a lever which causes the wheel brakes to
that period thus describes the event:
" Cambridge Horse Railroad.
— Five trips were made
be set
also.
When
the car controller
is
set at the
over this road yesterday to the perfect satisfaction of brake notch, the car motors act as generators and
It was demonstrated that send a current to the track shoe.
a throng of passengers.
By this arrangetwo horses, hitched tandem, made the trip with a ment, so long as the car is in motion there is available
car containing forty passengers with more ease
braking power without reliance on the trolley wire or
than they could have drawn an empty omnibus in the
To release the brake,
street.
special trial trip for the observation of a other similar source of supply.
number of gentlemen was made early in the afternoon. the current is cut off from the track shoe, which then
The cars will commence running regularly next week, Ioscb its magnetic power and is raised by springs.
and the tracks will be completed the whole distance The excess of energy supplied by the motors is taken
between the Revere House and the Brattle House
during the month of April. This is the first horse up by resistance coils, which in winter may be the
railroad for passengers in New England, the first electric car heaters.
in the United States beiDg that between Schenectady
Although such devices as the above give greater
and Saratoga Springs, which was built about twenty- control of the car, dependence should not be placed
three years ago."
upon them to prevent accident, but rather provision
Later the Union Railroad Company leased the Cam- should be made to prevent the need of using them in
bridge Railroad and had but six horse cars at the such service.
Very much more extended use should
be
made
of
such
safety devices as the telephone, teletime of opening. In comparison the street railway
A
of the Boston of to-day
— the
Boston Elevated Railroad Company has over three thousand cars operated
by electricity on overhead and underground tracks,
as well as on the surface
a development within the
memory of many men now living which would be
awe-inspiring had we not become used to accepting
new achievements as a matter of course, with the expectation of something yet greater in the near future.
The event above noted marks the closing of the
first epoch in the management of street railways.
—
—
GREATER PROTECTION NECESSARY
AGAINST ACCIDENTS.
The very frequent accounts which are given
street railway accidents show that the management
these roads
safety.
of
of
lacking in the element of sufficient
is
The following
accident,
which happened
re-
cently on a branch of one of the largest street railway
systems in
New
England, is a type of which there are
Eor a short distance at the scene of the
accident there is a Bingle track on a slight grade connecting a system of double tracks. The morning on
whioh the accident occurred was so foggy that the
motormen could see but a few feet ahead. Two opposite-going cars reached the single track, and not being
able to see the other car, each motorman hastened to
reach the double track before the other should reach
the Bingle track.
The inevitable happened. The
cars were not going at very high speed, and when the
motormen saw each other they applied all available
braking power. Because of wet rails it had little
effect, however, on the car going down grade, which
all
too many.
graph and block signals.
TRAMWAYS IN ENGLAND AND THE
UNITED STATES COMPARED.
progress made in the development of street
railways in the United States, while in some instances
far below what could be desired, has on the whole
been very satisfactory. The United States occupies
a very good position when compared with some other
countries, and notably so with England, the country
with which we are wont to make comparisons. For
efficiency, frequency, comfort or cost of service, we
The railways in the
are on a more advanced footing.
city of London present a belt line with some diverging branches, but entirely lacking in interlacing
routes necessary to secure a harmonious, comprehensive system which shall make it possible to travel
from one point to another with ease and rapidity. It
is estimated that in a single day over a million and
one quarter people and one hundred thousand vehicles enter and leave the limits of the city proper.
It has been stated "if the Tramway Act was not there
to block the way, or if the municipalizing of all these
undertakings was not dominating the situation, there
The
would be room for five hundred miles of profitable
tramways to-day worked by electricity," instead of the
two hundred and fifty miles with their unsatisfactory
motive power.
cost of traveling in Great Britain
and the United States and the population per mile of
street railway is illustrated by the following, taken
The comparative
from a recent report:
TRANSPORTATION DISTANCE AND FARE
IN
rably damaged.
The cars had few occupants and thus
many injured. One motorman was taken
to the hospital with an in jured
head and a crushed leg.
The constant increase in speed at which street cars
aredriven has required that heavier cars, equipped
Miies
0arrje
£;
5'37
-
and FateGlasgow— 6 cents per
Oity
Liverpool— 10 cents inside or 8 cents outside, week-days; 12
cents inoide and outside, Sundays
crashed into the other car with full force. The elec
Dublin— Within city limits 2 cents; 10 cents.
trical apparatus, platform and woodwork of half of this Birmingham— 2 cents for stages of about 1 mile
Belfast— 6 cents
Edinburgh— 14 cents
car was demolished and the down- grade car considera
there were not
GREAT BRITAIN.
8
each.
g
(Working-men's fares, limited to certain hours, are two
cents for two miles and one cent every additional mile.)
Manchester— 16 cents
2 cents inside or outside
4 cents inside or two cents outside
—
London— Moorgate Woodgreen, 4 cents; round trip, 6 cents..
Moorgateto Highgate, 4 cents; round trip, 6 cents
Blackfriars Bridge to Lower Tooting, 6 cents
Leeds— 2 cents
r^^JSgl cent charged on same basis for distance
tr>
°
°
}£
2^
7
4^4
6«fl
1 11 12
1
STREET RAILWAYS.
TRANSPORTATION DISTANCE, FIVE CENT FARE, UNITED STATES
^Oitim-
Miles.
Brooklyn
New York
89
19
15
15
Chioago
Louis
Buffalo
Cincinnati
8t
POPl'LATI
...
Cities—
Minneapolis
Sun Franolsoo
Philadelphia
13*94
19
11-75
11*78
10
Denver
1375 Boston
13
>N
H
tions,
unproductive expense was incurred, which, with
Miles-
10
Cleveland
PER MILK OF 3TRBBT R ULW AT— UNITED STATES, GREAT
BRITAIN AND THE CONTINENT.
uneconomic operation, led to over-capitaliz ition.
Secondly, after the road had been constructed it could
later
not be successfully operated
conditions and the
The
with the unreasonable
Tramway Act hanging
over
it.
keep abreast of the times in railway
CityCity —
Philadelphia
11,830 traction is also largely due to the fact that the munic4.16 M Belfast
12,:-10
4. -210
Birmingham
Chicago
ipalities purchased most of the profitable roads at the
Baltimore
15.610
4,360 Bristol
16.000
Hanover
5,020 Berlin.
end of twenty-one years on "structural value" terms
Huddersrteld.
20.060
5.060 Glasgow
Dublin
Paris
21,740
5,380
and then managed the systems neither efficiently nor
New York
31,790
6,470 London
Manchester
6,570
vigorously.
Also, before thes9 roads were bought up
The cause of the high cost of travel in Great Britain the companies could not afford to make expensive reand the general backwardness in development of their pairs and improvements, since their time of franchise
plants is to be found ia great part in the Tramway was nearly expired and a present outlay would reap no
A;t of 1870. This was a reactionary measure a'med future profits. So the old horse plodded on and the
to conserve the rights of the public against monopolies, eld equipment became increasingly more worn, until
but it has proved harmful to the public and to invest- the street railways of Great Britain were far behind
ors alike; it enables the municipalities to purchase the best in other countries.
the tramway rails and eq-iiprmnt within their limits
The usefulness of the railways has been very greatly
at the market value of the worn material without lessened by their limited extent and the high tariff
making any allowance for cost of experiments and im- charged. Interurban service, as we know it, has been
provements, prospective profits which would accrue impossible with them since the municipalities could
as a resuh of the earns, or the organization effected not go beyond their limits and in the few cases where
and the traffic created. The Act also requires the it has been tried the obstacles have been generally too
promoter of a tramway to first receive the assent of great. The adjacent towns of Leeds, Bradford, Halithe local authorities. To secure this assent absurdly fax and Huddersfield each has a different gauge which
eiasting conditions are very often imposed. As an it will not change.
llustrationof the conditions at times exacted, the folThe majority of British railways still insist on the
lowing three cases may be quoted.
"parliamentary" minimum fare of one penny per mile
"( i) A tramway company sanctioned by A;t of and do not seem to realize that a reduction in fare
Parliament obtained statutory power to adopt electric would increase the travel in greater proportion, while
For the purpose of carrying this out, the the expense of transportation would not increase as
trastion.
They have to
angles of the loops or passing places on single lines fast as the number carried increased.
had to be slightly eased so as to enable the electric realize that there are two kinds of traffic, (a) those
like the horse car
car, which cannot
be pulled to who are forced to travel and (b) those who are at
one side, to pass over them. The corporation objected tracted by efficient, comfortable service at reasonable
failure to
I
,
I
—
—
to these alterations being
made unless the company
agreed to widen streets in other parts of the town.
Tne result was that the introduction of electric traction was delayed until this legal point was settled, and
the company has nothing to show for the unnecessary
law costs it had to incur.
"( D ) Upon the invitation of a corporation a tramway was promoted. The corporation insisted upon the
scheme being enlarged by adding lines which were
not needed, except, perhaps to increase the value of
some building plots, and which lines, in the opinion of
the company, would not for very many years pay to work,
and as there was no longer aDy prospect of the undertaking becoming remunerative, the order was withdrawn, and there is no electric traction in that town.
"(c) In the case of a tramway worked by steam
without any profit, application was made for the
necessary powers to work the line by electricity. The
CDrporation approved of the proposal, but made it a
cond tion of their assent that the electrical energy
should be purchased from an electric light station
which the corporation proposed to establish. The
electrlc-li >ht station by itself would probably not pay,
as the town is a very small one, but the corporation
hoped that, by obtaining the tramway as a customer,
they would be able to make their proposed electricitybut so doubtful was this
eupply works remunerative
that they would not undertake to supply the electrical
energy except at a price which would be higher than
the co3t of working the tramway by steam power."
The result of such a condition of affairs is readily
;
seen.
ital
I
i
the
first
place, to secure the
necessary cap-
under such disadvantageous and uncerta'n condi-
rates.
It
is
the latter class of
traffic
that
is
carried
during light hours and needs encouragement to increase the receipts for operation during these periods.
This reluctance to change the fare is partly due to
enough alone and partly to the
fact tha"; the cost of moviag passengers is not kept;
hence they have no reliable data on which to base a
conclusion aa to the effect which reduced fares would
the desire to let well
have.
In view of the foregoing comparison of the costs of
travel in the United States and England, it is important to inquire what has made the difference possible, and what has led to the adoption in the United
States of electricity within the past thirteen years
"on more miles of street, elevated aad suburban track,
equipment, than
there are miles of steam railway in Great Britain.
This is important to the end that greater progress may
be made in the future through the conservation and
replacing horse,
cable and steam
betterment of these conditions. Why progress in
Great Britain has been slow, the facts already given
go far to explain. Greater progress here has been
rendered possible by the "restless enterprise of Americans," who have had the benefit of popular education
and have labored under enlightened management.
In this country a suggested improvement, if important,
adopted, be the proposer ever so humble, and the
man of fruitful ideas is sure to receive encouragement
and advancement in reward for hi3 worth. The work
in hand also receives scientific study to the finest de-
is
tail
to secure a harmoniously adjusted
small losses and friction have
whole.
Thus
been lessened and an
economical up to date system more nearly reached.
»
Street Railways.
AND REPORTS.
SECURITIES
remembered that they are inter-dependent
items
of news the Chronicle contains from
If utilized together, and with the fresh
week to week, the investor will have all the information he needs in seeking a safe and remunerative lodgment for his money.
Street Railways forcibly illustrate this inter-dependence. Such roads obviously rely for their income, and therefore in
great part for the value of their securities, upon the population and activity of the country they serve. Hence constant
reference to our State and City Supplement will be found necessary by those wishing to purchase the stocks and bonds of
street roads. Population, assessed valuation, tax rate, total debts of the counties, cities and minor municipalities are given at
length in that publication, every one of which items is an essential fact contributing more or less to any correct estimate of
the amount of suburban travel a given road commands.
The Abbreviations used in our Street Railway statements will be found explained in a table immediately following the
last statement in this Supplement.
This
is
one of our four
Supplements.
In using the series
it
to be
is
publications, complete only as a whole.
A
full
Index which shows where each railway
AKRON, OHIO.
1890 was
Population 1900 was 42.728;
and
in
in 1880 was 16,512.
NORTHERN OHIO
will be
found
27,601;
TRACTION-Trolley.
&
A
par $100, $1,000,000..
e
$2,500,000
1,000,000
J&J
,
also given
on the closing pages.
UNITED TRACTION.-A trolley road.
This is one of the Everett-Moo re properties. The company was incorporated in Ohio July 12, 1899, and is a consolidation of the Akron
Traction & Electric (franchise expires 1924) an I of the Akron Bedford <k Cleveland (franchise expires 1919). On Dec. 1, 1900,purcliased,
and Feb. 1, 1901, took possession of, the Akron & Cuyahoga Falls
Rapid Transit. Jan., 1901, $500,000 new common and $500,000 new
pref. stock were issued.
Date. Interest,
Outstanding
Stock
Maturity
Bonds—
Common stock, par $100
Pref. stock, 5 p. c. cum.,
is
.,
8
July
$
1
.
1901, 2hs%
Sept.1,1915
300,000
|300 0O(?(«lonol- m<?rt'^ 1895 5g. M&S
..' > Central Tr. Co., N. Y., trustee, pays interest.
co vers 27*„(mile's
Further bond Issue limited to $10,000 per mile of new track.
5 g. J. -J. 2.600,000 Julyl,1919
North Ohio Trac.roort. g., 1899
$3,0J0,000($l,000)...c*i Int. at Central Trust Co., N. Y., trustee; or
Dime Savings & Bank. Co., Cleveland.
Vondt— Of the $3,000,000 Northern Ohio Traction bonds, $300,000
will go to retire the Ak. Bed. & Clev. gen. mtge. of 1895. Bonds listed
on Phila. Stock Exchange in Oct., 1901.
Plant— Operates 90 miles of track, including the Akron & Cuyahoga Falls Rapid Transit. Extends from Cleveland to Akron, and
from Cuy ahoga Falls through Akron to Barberton. Extension from
Akron to Canton was proposed, but in 1901 purchased the projected
Canton-Akron Electric Railway (authorized capital $600,000) and line
between these points is expected to be completed and in operation
by Feb. 1, 1902. Extension from Kent to Ravenna of 6 miles completed and put in operation on Nov. 16, 1901.
Rails, 50, 56 and
70-lb. T and 73-lb. girder, standard gauge; operates 126 cars in all.
Also embraces electric-light systems of Akron and Barberton.
Latest Earnings— Nine months to September 30:
1901
Gross, $449,938; net, $197,270
1900
Gross, $371,134; net, $142,785
For year ending Dec. 31, 1900, gross, $425,886; net, $164,508. In
'
i
1899, gross, $362,702; net, $128,013.
Dividends— On pref. stock in 1900, 5 p. c; in 1901, 5 p. o.
OFFICERS— President, £. W. Moore, Cleveland, Ohio; Vice-President,
Will Christy; Treasurer, J. R. Nutt; Secretary, C. F. Moore; Manager, Chas. Currie. General offices, Akron.— V. 68, p. 425, 616, 869,
1074; V. 69, p. 131, 230, 334; V. 70, p. 176; V. 72, p. 88, 137, 184, 391;
V. 73, p. 785.
Organization.— Chartered Dec. 30, 1899, as a consolidation of the
Albany Ry. [chartered in 1863], the Watervliet Turnpike and RR. and
the Troy City Ry. [chartered Jan. 31, 1866]. See V. 69, p. 1147, 1300;
V. 70, p. 77. Stock was $4,000,000, but au increase to $5,000,000 au
thorized in Feb., 1900. The additional $1,000,000 has all been issued.
Has contract with Hudson River Power Transmission Co. of Mechanicville for supply ol
power
sufficient for operating
consolidated
system.—V. 69, p. 541, 909.
Has traffic agreement with Albany & Hudson Railway & Power
Co., the Hudson Valley Ry. Co. and the Schenectady Ry. Co., by which
these roads obtain an entrance into Albany also with the Hudson
Valley Ry. Co. and the Troy & New England Ry. Co., allowing their
cars to enter Troy over the U. T. Co.'s track.
Strike.— A snrious strike of the employes occurred May 7, 1901, mak;
ing it necessary to call out the State militia. It was settled May 18,
concessions being made by both sides, but tne company retaining its
right to employ either union or non-union men.— V. 72, p. 989, 1035.
Date.
Interest. Outstanding. Last div., die.
STOCK
BONDS—
Stock (par $100) $5,000,N0V
901 '
$4,999,750
i'4
000
&
5
Securities of Old Albany Railway.
1st Mortgage
1865
5 J. -J.
$29,000 Jan. 1,1905
4th Mortgage
1880
6 M.-8.
11,000 Mch. 1, 1905
5th Mortgage
1888
5 M.-S.
32,000 Sept. 1, 1913
Consol. M. ($500,000),) 1890
5gJ.-J.
428,000 Jan. 1,1930
o' gold $1,000)
S Interest at Central Trust Co., New York.
Gen. M. $750,000, gold.
1897
5g.J.-D.
474,000 June 1, 1947
Leased line securities —
Wat. T. & RR.—
1st M. int. guar
1889
6 M. - N.
350,000 May 1, 1919
2nd M., p. & i. guar.
1890 6 M. - N.
150.000 May 1,1918
The Albany Ry. general mortgage of 1897 was for $750,000, of which
$474,000 has been issued and $276,000 reserved.
.
Securities of Old Troy City Railway.
Date.
Troy &Lansb. mort... 1888
Troy City lstcon.M.,) 1892
Interest.
A-O
A-O
5
5
Outstand'g
Maturity.
Apr.
$34,000
1,966,000
1,
1903
Oct. 1,1942
g.
5 Interest paid by Trustee, Central Trust Co., N.Y.
In addition to the foregoing there are $188,300 of Troy City debentures due in 1904 and also $169,000 of United Traction debentures
due in 1919.
The Troy City leased roads include Troy & Cohoes, stock $50,000,
dividends under lease 7 per cent; Lansingburg & Cohoes, stock
$15,000, dividends under lease, 7 p. c; Troy & Lansingburg, stook
$700,000, owned by Troy City Ry. total, $765,000. The Waterford &
Cohoes RR., $25,000 stock, receives 7 p. c. yearly under lease.
Dividends—First quarterly dividend, 1% per cent, was paid May
1, 1900; also Aug., 114 p.
., Nov., 1*4
p. c; in 1901, Feb., 1*4 p. 0.;
g.,$2,000,000..c*<fcr
;
ALBANY,
Population 1900 was
N. Y.
94,151; in 1890
in 1880 was 90,758.
and
was
94,923,
ALBANY
WAY— To be a & SCHOHARIE VALLEY
RAIL-
trolley road.
Organization, Etc— Chartered Nov. 15, 1895, under name of Albany Helderberg & Schoharie Electric Ry., to build a road from
Albany over the Helderburg Mountains to Middieburg and 8choharie,
with a branch to Clarksville, making altogether 45 miles. On Aug. 26,
1899, name changed to Albany & Schoharie Valley Railroad Co. Is
•lso to carry freight.
Road not yet built.
0C
*4§Ii *S
Date Interest. Outstand'g.
Maturity.
Q-RXiSP^™
Btock, *l,2o0,000
($100)
(?)
1
000
l$1
1900 5"gJ&J
«»>
Jnly'i',1936
«i on&nnn*
$1,200,000
c* Unt. at City Trust Co., N. Y., Trustee.
Bonds can be called after July 1, 1910, at lOl^ and accrued interest. Sinking Fwnd.-$10,000 is payable
yearly after July 1, 1910.
The Albany Construction Co. (93 State St., Albany), which is to build
the road, increased its stock from $5,000 to
$250,000 in April, 1899.
OFFICERS— President, Henry W. Burgett, Boston; Treasurer, Charles
E. Bibber, 49 Federal Street, Boston; Secretary,
W. H. Ervin.— V. 69,
p. 383, 439.
-
.
'
>
U
May,
114 p. c Aug., 1H p. c; Nov., l^p.c.
ROAD— Operates 77 miles of track. Lines
;
connects Albany, Troy,
Cohoes, Rensselaer, Watervliet, Lansingburg, Green Island, Water-
Has 358 cars.
Annual Report—Years ending June
ford, etc.
30th.
1900.
1901.
1901.
1900.
Gross earns.$l ,33 1,879 $1,306,634
$177,320
Net
58,642
424,354
457,910
Other inco
120,000
12.229 Dividends.... 229,487
8,329
Netincome.
43,355sur.l
14,177
432,683
470,139 Balance. ...def
Latest Earnings— United Traction—Tnree months to Sept. 30.
$179,?35
Interest.
67,316
Tax,ren*ls,etc
i
3 mos.—
Oross.
Net.
Oth. Inc.
Charges. Surplut.
$382,976 $144,007 $1,241 $S9,702 $95,546
60,127
69,211
965
365,649
128.373
OFFICERS— Chairman, Robert C. Pruyn; Pres. &Gen'l Mgr., John W.
McNamara, Albany; Vice-Pres., Francis N. Mann Jr., Troy; Sec, Chas.
G. Cleminshaw, Troy; Treas., James McCredie, Albany. Principal
office, Albany.— V. 67, p 951, 954; V. 69, p. 383, 541,851,909, 1147
1901
1900
1300; V. 70, p. 77, 126, 330, 383, 431, 634, 793; V. 71,
72, p. 138, 284, 989, 1035; V. 73, p. 614, 844.
p.
343, 544; V.
STREET RAILWAYS.
ALEXANDRIA, VA.
Population 1900 was 14.528; is 1800 was 14,339;
am> in 1880 W v> K5.059.
MT. VERWASHINGTON ALEXANDRIA &overhead
NON R Y- — Underground Date. Washington;
OnUland'g. Maturity.
outside-
trolley In
STOCK
&
BONDS—
Interest.
Stock. $1.000. 000 (par $50)
$1,000,000
1895 5 g. F.-A.
700.000
1st niort.. f750.000, mid..
Interest at Real Estate Trust of Philadelphia, trustee,
Aug.
1.
1925
Road.— Operates from Washington, D. C. (13»a St. & Pennsylvania
Vernon. 17 miles; extensions to Arlington Cemetery and
Ave.t to M
Rosslyn. Va., eto., S miles; total track, 25 miles; T rails.
OFFICERS.— President and General Manager, Griffith E. Abhot;
8eeretarv. Frauk K. Hippie; Treasurer, J. K. Swartz; Supt.. J. ColV. 61, p. 474.
Tin. Office, Alexandria. Va., and Washington D.
C—
ALLENTOWN,1890PA.
was
Population 1900 was
35.416; in
and
in
p. 76,
(2)
25,228;
1880 was 18,063.
LEHIGH VALLEY TRACTION-A trolley road.
Organization.— Originally chartered in Pennsylvania Feb. 3, 1893.
All the lines in and around AUentown were on Oot. 31, 1899, merged
in the company. These lines were formerly operated by the AUentown
& Lehigh Valley Traction and comprised the following companies:
Allentown <k Bethlehem Rapid Bethlehem & 8. Bethlehem St. Ry.,
Catasauqua & Northern St. Ry.,
Transit.
Lehigh Valley Traction.,
Allentown A Emaus Street Ry.,
South Bethlehem & Hellertown
Allentown Passenger Ry.,
Street Ry.
Bethlehem & Allentown St. Ry.,
Also owns a majority of the stock of the Allentown Eleotrio Light &
Power Co., which company leases the Bethlehem Electric Light Co.
and the South Bethlehem Eleotrio Light Co. Owns Rittersville Hotel
Company and
not subject to call. Of the total Issue of $1,300,000, $420,000 is reserved to take up the $300,000 Easton Transit bonds, $60,000 Penn.
Motor bonds and $60,000 East. & Beth. Trans, bonds. Issue Is secured
by a pledge of $298,350 (out of $300,000) stock of the East. Trans. Co.,
12,206 shares (out of 12,322 shares) of Edison Illuminating stook,
1,902 shares (out of 2,400 shares) of Pennsylvania Motor stook, 4,000
$50 shares (half common and half preferred, being the entire issue of
each) of the Easton Palmer & Bethlehem Street Ry., and 2,400 shares
(out of 2,500 shares) of Easton <& Bethlehem Transit stock.
Road— Embraces the entire street-railway system of Easton, South
Easton and Philipsburg, with a line from Easton to Bethlehem and
South Bethlehem; total track 4367 milee.
OFFICERS—President, W. Hineklc Smith; Sec, E. B. Maltby; Treas.,
A. D. Chidsey; Gen'l Mgr., C. E. Flynn.- V. 68, p. 524, 670. 976; V. 70,
Park.
Lease*.—The Bethlehem & Nazareth Street Railway and the Coplay
Egypt & Ironton Street Railway (the latter being under construction),
•re leased.
On Dec. 1. 1900, leased the Easton Consolidated Electric Co. for 999
years at 3 per cent upon par of capital stock. V. 71, p. 1067. In
January, 1901, leased for 999 years the Slate Belt Eleotrio Street Ry.,
running from Bangor, Pa., to Nazareth, Pa., and the Allentown &
Slatington Street Ry. of 22 miles, extending from Allentown to
Slat in if ton, Pa.
Under name of Philadelphia & Lehigh Valley Traction Co. contemplates a line from Allentown to Philadelphia and thence to New York.
See Chronicle, V. 72, p. 581. The stook is all owned by the Lehigh
Valley Traction, which also guarantees the bonds. In Sept., 1901
acquired majority of the capital stock of the Quakertown Traction Co.
Date.
Interest. Outstand'g.
Maturity.
STOCK
BONDS—
Stock, $3,000,000, par $50
Q.-J.
$3,000,000
See text.
Leh.Val.Tr M., $3,000,000) 1899 4g.J&D
3.000,000 Dec. 1, 1929
c* $1,000, gold
S Int. at Guar. Trust Co.. New York, trustee.
Beth. .* Naz. 8t. Ry. stock
150 000 5 p. c. guar.
Bonds
5
150,000
175, 1249; V. 71, p. 437. 1066.
PHILADELPHIA & LEHIGH VALLEY TRACTION.
Organization.— Incoiporated to build an electric line from Allen
town to Philadelphia, and it is thought will be the operating company
between New York and Philadelphia.— V. 72, p. 581. Stook all owned
by Lehigh Valley Traction Co. In Oot., 1901, acquired the Quakertown Traction Co.; for particulars eee statement below.
&
Maturity.
Date. Interest. Outstanding.
BONDS—
Stock
$2,500,000
Stock, $2,500,000 (50)..
Mar. 1, 1931
1,500,000
1st mort., $2,500,000 ) 1901 4g.M.-8.
Int. at Guaranty Tr. Co., New York, trustee.
($1,000), g., guar.*o. $
Bonds— Bonds oan be called at 105 at any time upon 6 weeks' notioe,
and are guaranteed by the Lehigh Valley Trac. Co. No sinking fund.
Road.— Allentown to Philadelphia 55 miles, of which 25 miles In
operation; the remaining 30 miles are expeoted to be in operation early
in 1902.
Officers— President, T. B. Lynch;
AUentown, Pa.-V. 72, p. 581, 1136; V.
(3)
QUAKERTOWN TRACTION
Ry. Stock,
*<v guar.
<™ a
J&D toOAnnnn
$240,000 5%
$240,000 (leased) $50 \
1st M. guar. g. $500,000 ) 1900 4 <j. J & D
500.000 Dec. 1. 1930
$1,000) Interest at Allentown Nat. Bank.
($250, $500.
May at any time be (Lehigh Valley Trust & Safe Deposit Co.,
called at 110
Allentown, Trustee.
c'J
Slate Belt Electric stock, >
oi.n/
.„».
T-t-n
«qco
i\nn 3i
J&D
4 ?/ guar.
$360,000
—•
$360,000 (leased). $50..?
5
June
1.1930
360,000
^
IstM
euar a
*360 000 \ "•
1st M. guar.
g. *dbU,000
^ Tru8tce> Lehigh Val. Tr. & Safe Dep. Co.
Bonds—Any or all bonds of Leh. Val. Trac issue may be redeemed
at 105 on six weeks notice. They were listed July, 1901, on Philadelphia Stock Exchange.
Dividends— First dividend of 1 per cent was paid July, 1900; then
1 p. o. Oct., 1900; in 1901, Jan., 1 p. c; April, 1 p. c; July, 1 p. c;
St.
)
i a.t\
r.
i
J&D
Oct., 1 p.
c.
Road— Controls
all electrio lines in Lehigh Valley from Slatington to
Easton, Pa. Operates 147 miles of track (of which 94-10 miles of
leased lines, including the Easton Consol. Electric). Gauge, 4 feet 8h
inches; 60 and 70 lb. T and girder rails. Operates 157 cars.
Annual Report.— For year ending Dec. 31, 1900, all properties
controlled earned, gross, $506,248; net, $251,309; interest, taxes, etc.,
$168,35*; balance over charges for year, $82,951; dividends, $60,000;
urplue, $22,951.
Officers— President, Robt. E. Wright, Allentown, Pa.; Vice-Pres't.
L. E. Johnson; Secretary and Treasurer, C. M. Bates.; Allentown, Pa.
—V. 65. p. 1218; V. 68, p. 976; V. 69, p. 794, 954, 1103; V. 70, p. 229,
841; V. 71, p. 1067, 1167; V. 72, p. 137, 581, 1136, 1188; V. 73, p. 82,
138,391,616,1010.
EA3TON CONSOLIDATED ELECTRIC —
(1)
On
1, 1900, was leased to Lehigh Valley Traction for 999 years
at 10 percent on amount paid in on stock, equal to 3 p. c. on par
value.— V. 71, p. 1067. Tfce Easton Co. contemplates retaining part
of two dividends (Sept., 1901. and March, 1902), to provide for com-
Dec.
pletion of construction work under way at time of lease; accordingly
the September, 1901, dividend was made 3 per cent on the $15 paid
in
on the shares.
Organization.— Consolidation in 1899 of the Easton Transit Co.. the
Edison Illuminating Co. of Easton and the Easton Palmer & Bethlehem.
Incorporated in New Jersey March II, 1899.
Stock & Bonds— Both the stock and the collateral trust 5b were In
Jan., 1900, listed on the Philadelphia Stock Exchange.
Interest. Outstanding.
Date.
Maturity.
Stock. $1,500,000; par, $50 ...
30% paid in. See text.
N
Collateral tni-t, g., c* 1,-S 1899 5 g.
872,000
May 1,1949
300,000 ($1,000, $500). I Int. at Glrard Trust Co. (Phil.), trustee.
1892 5
1922
300,000
Easton Transit st mort. / Subject
T °
to call at 103 in 1897 and redeem.
*5rtnfv J
(&f*7ri™ gold,
r,.M $^00
$300,000,
.,
&| ftfter Gct l 190
IntereMt at }
MAS
M&
A
1
•°
w
c<sr
l
Trust Co..
1881 6
municipal franchise granted Nov. 20, 1896, in perpetuity.
&
Dale. Interest. Ouistandinq. Maturity.
Bonds—
STOCK
$300,000
Stock, $300,000 (*50)
300,000. Sept. 1,1931
5 g.
1st mortgage, $300,000, gold > 1901
($100, $200, $500, $1, 000) .o* J Gu.p.&i.byL.V.Trac.andPhll.&L.V.Tr.
Road Operates 10 miles of track from Quakertown to Philadelphia,
and will form part of the Phila. & L. V. System to Philadelphia.— V.
73, p. 391, 616, 785, 101 1.
ALTON,
J
$60,000
ILL.
Population 1900 was 14,210; in 1890 was 10,294;
and IN 1880 WAS 8,975.
& ELECTRICALTON RAILWAY, GAS
operate
organized
1899
OrQANIZATION—This company was
to
in
street railways in Madison and St Clair counties (111.) and to furnish
gas, electricity, steam and water, for light, fuel, power and district
heating, and to operate parks and pleasure resorts. On Aug. 7, 1899,
company was consolidated with the Alton Railway & Illuminating
Company. See V. 68, p. 1178 and V. 69, p. 282. Also bought from the
bondholders of the old Alton Gas & Electric Light Co. the property of
In Nov., 1900, purthat concern sold at foreclosure July 1, 1899.
chased for $5,000 " as salvage " the property of the Alton Electric &
Service Co., which had attempted competition and failed after spending $15,C00.-V. 71, p. 1218.
Maturity.
Dale. Interest. Outstanding.
STOCK & Bonds—
$500,000
8tk,par$100, $500,000
Sept., 1904-'09
14,000
1889
5 M-S
Alton Improv. Asso. )
1st M., cur.$25,000 s Interest at Alton Savings Bank.
Oct. 1,1915
236,000
Alton Ry. & HI. 1st M., ) 1895 5 g. A-O
$250,000, g., $1,000. c^ S Int. at Manhattan Trust, New York, trustee.
Oct. 1, 1939
250.000
Alton Ry. Gas & Eleo.)1899 15 g. A-O
Co. mort., $500,000, > Int. at North Amer. Trust Co., N. Y., trustee.
o*) No s. f.; bonds can not be called.
($1,000). gold
Of the $500,000 new mortgage, $250,000 is reserved for prior Hens.
Road and Property— Owns 12 miles of single track equipped with
overhead trolley, and laid with 56, 60 and 70-lb. j and girder rails,
Oars— 18 eleotrio-motor
serving Alton, Upper Alton and North Alton.
cars. Owns " Rock Spring Park" of 22 acres, with lagoon, pavilion
and green houses and "Athletic Park" of 5 acres, with track and ball
grounds; operates 135 open aro and 75 enclosed arc lights, 12,000
Incandescent lights and 175 H. P. motors. Gas plant oapaolty 75,000
cubic feet per day. Heating plant capacity, 75,000 feet of radiation.
In Nov., 1901, had under consideration the increasing of the gas,
electric light and hotrwater heating capacity and the installation of
an ice-making plant; also the building of an extension to East Alton
under the name of the Alton & East Alton Ry. & Power Co.
Annual Report— For years ending Sept.:
1899.
1898.
1901.
1900.
Earnings —
Railway
Electric Light
$
&
Other earnings
Total
Netearnlngs
Legal expenses,
Balance
Taxes
Interest.
$
$
$
72,664 07 61,913 11 52,31164 48,888 12
Power.. .34,652 18 29,608 fc9 28,230 86 28,26194
27153
436 50
21.578 46 15,052 93
Operating expenses
J
A-O
Apr. 1,1941
Tr & g Dcp (JO lH( rtml0 ^u trustee.
j ;>ack
00, o
Erf-ton
dt
Bethleheirn 1894 6
Aug. 1, 1924
Transit Co. bond-'
... IE P.WllbnrTr.Co.,tru.-t<-<-; red.aft.Ang l,'04
Ea«ton falmer* BKhle- 5 1898 6
J &. J
200,000 1» <.. 31, 1918
hem El. Istg., $200." 00 Int. at U. S. Mtg. & Tr. Co., S.Y., trustee.
Under the lease to Lehieh Valley Trac. int. on col. trust issue is to be
guaranteed by indorsement. The bonds have no sinking fund, and are
p a Motor
\fr.t«. ,f„
latw
Pa.
M
Co. 1st
CO.
in Aug., 1901, acquired by the Philadelphia & Lehigh Valley Traotion Co. through purchase of the majority of its capital stock of $150,000. In Sept., 1901, stook was Increased to $300,000. Chartered Nov. 27, 1896, lor 99 years, and
Organization—This road was
&
AlleD.& Slat.
Sec. and Treas., C. M. Bates73, p. 616, 663, 785, 1011.
<fec
128,894 71106,574 93
66,528 62 56,07176
80,81403 77,586 56
36,759 84
39,187 04
62,366 09
6,907 24
50,503 17
700 24
41,62699
l,b95 27
40,826 72
5,545 53
55,458 85
2,760 95
49,802 93
2,594 75
39,93172
2,338 63
35,28119
2,b24 84
52,697 90
47,208 18
20,375 41
37,593 09
14,391 37
32,656 35
15,047 78
.19,388 90
.
|
33,309 00 26,832 77 23,20172 17,608 57
Net, surplus
Balance sheet June 30, 1901, shows a profit and loss surplus of
$125,000.
OFFICERS— President and Treasurer, J. F. Porter; Vice-President,
O. 8. Stowtrll: Secretary, H. 8. Baker, all of Alton.— V. 66, p, 615;
68, p. 1178; V. 69, p. 282, 332, 1344) V. 71, p. 1066, 1068, 1218.
£
;
STREET RAILWAY'S.
ALTOONA, PA.
Population 1900 was 38,973; in 1890 was 30,337;
ami IX 1880 was 19.710.
ALTOONA & LOGAN VALLEY ELECTRIC
which see
RAILWAY- Acquired by Ainorioan Railways
Co.,
under Philadelphia.
_
AMHERST, MASS.
Population
in
1900 was 5,028; in 1890 was 4,512;
in 1880 was 4,298.
and
Latest Earnings—Jan., 1st to June 1st, 1901: Gross, $264,047; in
1900, gross, $169,414.
OFFICERS— President and Gen'l Mgr., Geo. F. McCulloch, Anderson,
fnd; Vice-President, Phillip Matter, Marion, Ind.; Secretary, Jas. A.
VanOsdol, Anderson, Ind.; Treasurer, Win. C. Sampson, Auderson
Ind. Directors, the foregoing and Randal Morgan, and J. Levering
Jones, Philadelphia, and Frederick Strauss, New York.
General
offices, Anderson; transfer offices, Company's office Anderson, Indiana,
and Real Estate Trust Co., Philadelphia.— V. 67, p. 224, 372; V. 68, p.
1227; V, (9, p. 82, 334; V. 71, p. 1013; V. 73, p. 617.
AMHERST & SUNDERLAND STREET RY-
ANNISTON, ALA.
Orqanization.— Chartered in 1890. Owns and operates 105 miles
of single track. The 5 miles of road to Sunderland were completed and
put in operation on Mav 18, 1901. An extension is proposed to South
Hadloy, 4 miles, to connect with the Holyoke Street Ry. Stock outstanding, $48,000 First rnort. 5 p. c. bonds for $21,500 issued Feb. 1,
1898, and used as collateral for bills payable, also a note for $2,500,
making total debt, $24,000. Have asked permission of the Railroad
Commissioners to issue $29,000 more bonds and to increase stock to
$53,000. Dividends of 2 per cent were paid Oot. 15, 1900, April 20
1901, and Oot. 21, 1901. Gross earnings from operation for year
ending Sept. 30, 1901, $14,694; net, $3,486; taxes, interest, etc,
$1,847; balance, surplus, $1,639; President, W. D. Cowls; Vice-Pres.
and Treas., M. A. Dickinson; Clerk, Chas. H. Edwards; Supt. and Gen'l
Manager, L. N. Wheelock.—V. 73, p. 615.
AMSTERDAM,
Population 1900 was 9,695; in 1890 was
and in 1880 was 942.
ANNISTON ELECTRIC & GAS CO-
Orqanization— Incorporated in 1899 under New Jersey laws, to
take over the Anniston Electric Co. 'operating the Noble Street line),
and the Oxford Lake Line, sold at foreclosure August, 1899; also acquired at receiver's sale the Anniston Gas and Light Co.
Maturity.
Date. Interest. Outsland'g.
STOCK and Bonds—
$250,000
Stock, $250,000 ($100)
1899 5 g. J-D
222,000 Dec. 1, 1929
1st mort., $300,000 ($100, \
5 Int. at Bait. Safe Dept. & Tr. Co. Trustee.
$500) gold
Road— Operates'9 miles of road from Anniston to Oxford Lake, including 4 miles of track on city streets.
OFFICERS.—President, H. C. Levis; Sec. and Treas., H. M. Franois,
Schenectady, N. Y.; Gen. Manager, Howard W. Sexton, Anniston.—
V. 68, p. 928; V. 69, p. 283.
,
N. Y.
ASBURY PARK,
N. J.
Population of township 1900 was 7,943; in 1890 was 8,333;
and in 1880 was 4,187.
Population 1900 was 20.929; in 1890 was 17,336;
and
in 1880
was
AMSTERDAM STREET
9,466.
RR.-This road was purchased in July, 1900, by the Fonda Johnstown & Gloversville RR
See statement of the latter in Investors' Supplement; V. 71, p. 187.
—V.
73, p. 31, 493.
ANDERSON,
IND.
Muncie, Marion, Ehvood.
See
in 1900
was 20,178 in 1890 was 10,741
in 1880 was 4,126.
Population of district served 150,000 to 175,000, exclusive of
Indianapolis (169,164).
Population
;
and
UNION TRACTION
Map, Page 8.—A
CO.
9,998;
OF INDIANA.
See
trolley road.
ASBURY PARK & SEA GIRT RR.-Electrio road.
ORGANIZATION— Successor of the Asbury Park & Belmar Street Ry.,
purchased at foreclosure sale in March, 1898, in interest of Atlantio
Coast Electric Ry., which, since Sept., 1898, has operated cars over it
under 99 years' lease, rental being interest on bonds and 6 per oent
on stock.— V. 66, p. 616. Owns 2^ miles of track. Stock. $100,000;
par, $100; dividends are payable annually. Bonds are 20-year $50,000 gold coupon 5s, dated March 1, 1898, interest, M-S, being guaranteed and payable at Monmouth Trust Co., Asbury Park, trustee.
Bonds are subject to call at 105 at any time.—V. 66, p. 616.
SEASHORE ELECTRIC
RY.-A trolley road.
Organization.—The Union Traction Company of Anderson was
Organization— Chartered in 1888, and has franchise to operate a
Chartered Sept. 3, 1897, and commenced operations Jan. 1, 1898. In double-track street railway in borough of Asbury Park for 50 years,
July, 1898, it absorbed Anderson Elec. Street Ry. and in Jan., 1899, the with provisions for renewal at end of that time. Owns 5-73 miles of
Elwood Electric Street Ry., and in June, 1899, the Marion City Ry. track. Leased in 1896 for 50 years to Atlantic Coast Electric Railway,
In June. 1899, was consolidated with the Muncie Anderson & Indiana- which owns $150,000 of the stock and operates this road as part of
polis Street Railway [organized to own the franchises in Muncie and its system. Dividends are 5 per cent and payable annually.
build a line from Muncie to Indianapolis] under the title of the Union
Date. Interest.
Outstanding.
Maturity
STOCK & Bonds—
$200,000
Traction Co. of Indiana (V. 69, p. 82) thus combining the electric lines Stock issued and paid in
1892 6 g J-J
200,000
1917
Of the Indiana gas belt. The Citizens' StreetRailway of Muncie, Ind., 1st, M $200 000 aiitb (
Subject to call at 105 in 1897
Lm'^dv
1
gum,
guar
has also been absorbed. In 1901 absorbed the Marion Transit Co., a
dlnt.is payable at FirstNat.Bk.,AsburyPark
small competing line in the oity of Marion.
Atlantic Coast Electric first mortgage 5s for $200,000 are reserved
Some of the parties interested in the Indianapolis Street Railroad to retire the above 6s.— V. 63, p. 152.
are also interested in the Union Traction Co., but the companies them,
'
&
"97
^
$1,000.
.
Marion City 1st M.. $400,000,
gold ($1 000)
New
c
J
895
$T
i
—
} res +
00 ° M^
9*5
W"*^Br 4ad°?'way
Bank, N. Y.
1 '*
t-
i?
^Mortgage trustee, Francis A. Palmer.
mortgage, $5,000,000.)
1899 5 g. J&J 4,200,000 July, 1919
goid
c*S
Int. at City
Trust Co., N. Y., trustee.
are reserved for
Bonds—Of the $5,000,000 new mortgage, $800,000
underlying bonds.
ROAD— Besides the city lines in Marion, Anderson, Muncie and El
wood, operates an interurban road from Anderson (via Linwood
Alexandria, Summitville, Fairmount, Jonesboro, Gas City and Soldiers'
Home) to Marion, with a branch from Alexandria (via Orestes and
Dundee) to Elwood, also an interurban line from Muncie, via Yorks
town, Daleville, Chesterfield, Anderson, Pendleton, Ingalls, Forteville,
McCordsville and Lawrence, to Indianapolis; total track aggregateabout 1 00 miles.
A large central power station, with necessary storage batteries at
Anderson, operated on a three-phase system, with sub-stations likewise equipped with storage batteries, has replaced the stations in the
various cities and towns.
Report—The following earnings are on the operated mileage (87
miles) for the full vear, but on certain other
lines for a short time
only. The line from Anderson to Indianapolis
was not opened until
Jan. 1, 1901. It should be noted that the reconstruction
of the power
house and lines interfered not only with traffic but also with
the
economical operation of the road.
Twelve months ending Dec. 31, 1900.
Gross earnings
$447 61fl
Operating expenses
247045
Net earnings
^^f onnewbond9
sold for
out8 tanding' (not "in eluding" '$1,766,000
construction) sinking fund and taxes
SurP lu8
Owing to delays
,
$200,571
'
ASHEVILLE,
selves are distinct.
Date. Interest. Oulst'd'g Maturity.
STOCK
BONDS—
Stock, $4,000,000, common
$4,000,0(0
Stock pref., 5 p. c, $1,000,000
500,000
Anderson Elec. St. 1st M., g. >
1892 6g. J-J
150,000 July 1,'12
($1,000 each) assumed
o$Int. at Farm. L. & T. Co., Trus.,N.Y.C.
Ze
^$2 5 000 UnCle)l8tmOrtgc*]
6g. J-D
239,000 Dec. 1, '27
In ere |,*
Guar. Trust & Safe Deposit
S. f. subject to c'all'at"$105, f
^
°°- Philadelphia, trustee.
denom. $500 and
'
N. C.
Population 1900 was 14,694; in 1890 was 10,235;
and
in 1880
was
2,616.
ASHEVILLE STREET RAILROAD-Trolley road.
ORGANIZATION— The Asheville Street Railroad was a reorganization
in 1893 of the Asheville Street Railway. It is controlled by the Asheville Electric Co., which in turn is controlled by the General Electric
The Asheville Electric owns $24,000 of the $26,000 Asheville St.
Ry. bonds, the whole $74,000 of Asheville 8t. RR. bonds, and a large
majority of the Asheville St. RR. stock. The Asheville Electric also
owns all the capital stock ($20,000) and bonds ($20,000) of the Intermontane Ry. Co. (4 cars and 2-15 miles of track) and the whole
$24,900 of capital stock and $35,000 bonds of the Asheville & Bilt"
znore St. Ry. & Transportation Co., owning 6 cars and operating 1'06
miles of track. The Asheville Electric Co. operates these last two
companies, but the Asheville St. RR. maintains a separate corporate
existence
Bonds—
Date.
Interest. Outstanding. Maturity.
STOCK
Stock, ($100), $78,359 87
$78,359
Pref. ($100), $187,964- 5
187,964
Ashe.8t.Ry.lstM., $100,-< 1888
26,000 July 1, 1918
6gJ-J
000, gold ($500) ....c* \ Int. at Atlantic Trust, New York, Trustee.
Ashev.St.RR.M. ($1,000) \ 1893
6gJ-J
74,000 July 1, 1903
gold $100,000
c* \ Int. at Atlantio Trust Co., N. Y., Trustee.
Of the $100,000 Asheville St. Railroad bonds, $26,000 are reserved
to retire the Asheville St. Railway bonds.
Road— Operates 6"92 miles of track, including sidings; owns 17 cars,
including trailers.
Earnings-— In year 1899 gross from all sources, $51,465; total expenses, $49,024; net, $2,441.
Officers—President, J. E. Raskin, Asheville; Secretary and Treas*
urer, H. M. Francis, Brooklyn, N. Y.
Co.
&
ASHLAND, WIS.
ASHLAND LIGHT, POWER AND STREET
RAILWAY-A
Population 1900 was 13.074; in 1890 was 9,956;
and in 1880 was 951.
trolley road.
177,946
$22,625
in the delivery of material, new construction was
delayed long beyond the time originally estimated.
Full service and
economical operation were not possible, we are
informed, until the
completion of the new power station in March 1901.
Organization— Chartered in February, 1896, as successor to Ashland
Lighting & Street Ry. Owns exclusive electric light and gas rights in
city, and bonds cover lighting plant.
Interest. Outstand'g.
Date.
Maturity.
Stock & Bonds—
Stock, $300,000 ($100)
IstM., $150,000, gold)
($l,000),s.f.,red.l04.c
5
$150,000
110,000
Jan. 2, 1916
Interest at Old Colony Tr. Co., Boston, trustee.
1896
5g. J.-J.
o
,
'
STREET RAILWAYS.
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MAP OF THE
.Suillll-.ildt:'
Fent «"c^4Julietta
Bunion depot
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Samoa
MiUs^p- rvJ
X/
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-
-
-
ALEXANDRIA to ELWOOD
MJDDLETOWN BRANCH PmteB
FH ANKTON
-
<X
56 Milks
the various cities - between cities as iielow
in
ANDERSON
,
Lb stones
fMooresville
INDIANA
OBt
TOTAL,
163 Miles
J
;
; ;
STREET RAILWAYS.
Earnings— For year ending May
9
Agreement reaohed in Nov., 1900, for settlement of dispute with At
lanta Rapid Transit.— V. 71, p. 1012.
In Sept., 1901, the interests of Mr. Hurt and associates were purRoad— Operates 6 miles of trolley traok.
chased by a syndicate ooinposed of the N. Y. Security & Trust Co. of
Officers— Pres., G. W. Harrison: See. and Treas., G. F. Merrill.
New York, the Mercantile Trust & Deposit Co., Baltimore, and the Old
Colony Trust Co., Boston. The stock purchased is pooled for 3 years
'n a voting committee consisting of O. R. Spence, Baltimore; H. W.
Population 1900 was 12,949; in 1890 was 8,338
Whipple, New York, and T. Jefferson Ooolidge, Boston. The arrangeand in 1880 was 4,445.
ment, it is understood, insures harmonious relations with the Atlanta
Rapid Transit Co.
Orqanization— Chartered Oct. 7, 1890.
Date.
Interest.
Outstanding.
Maturity.
BONDS—
STOCK
Outstanding. Maturity.
Date.
Interest.
BONDS—
STOCK
$2,000,000paidin
Stock (par $100)
$150,000
Stock
RR.
first
1890
Atlanta
<
6
J.-J.
225,000
July
St.
g.
1, 1920
July 1, 1911
75,000
6 g. J1st M„ $75,000, gold, < 1891
gold $1,000
( Interest is payable in New York at 4th Nat. Bk.
o *&r \ Int. at Central Trust Co. Trustee, N. Y. City.
1 ,000
Ati Cons. St. Ry. 1st
Road— Operates 5 miles of traok on 5 miles of street.
1899
cons. M., $2,500,
5 g. J.-J.
2,275,000 Jan. 1, 1939.
000,g,($l,OOOeach) \ Interest payable in N. Y. at N. Y. Sec. & Tr. Co.;
Officers— President, F. B. Wagner; Vice-Pres., F. J. Wettach; Treas.,
E. W. Savage.
also at Merc Tr. & Dep. Co. of Bait., Trustee,
Subj. to oall after 5
o* (
years at 107 1*
5 g J.-J.
July 2,1930,
Atlanta Ry. & Power ( 1900
2,500.000
1st, g., $6,000,000 < Interest at Mercantile Trust & Deposit Co.,
Baltimore, trustee.
o* (
($1,000)
Population 1900 was 8,381 in 1890 was 6,184;
and IN 1880 was 2,803.
Bonds— Of the $6,000,000 mortgage of the Atlanta Railway &
Y.-A trolley road. Power, $1,000,000 are reserved for future acquisition, $225,000 to reORGANIZATION—Chartered in Oregon March 12, 1901. This company tire bonds of the old Atlanta Street Railway, aud $2,275,000 to retire
is a reorganization of the Astoria Street Ry., which was sold at forethe Atlanta |Consolidated Street Railway 5s of 1899, which can be
closure on July 2, 1900, and old securities retired. Is controlled by called in 1904; mortgage provides that no dividends can be paid unti
the General Electric Co.
Sinking fund of 1 per cent of bonds
all the latter have been retired.
Date. Interest.
Outstand'g.
Maturity.
Bonds—
Stock
outstanding begins after Ave years, but bonds can not be called.
Stock, $300,000 ($100)
$160,000
Road and Plant.— Owns 102 miles of track in city of Atlanta and
Road— Operates 4^ miles of track.
environs; has 188 cars. In 1901 obtained permission from city govOfficers— President and Mgr.,C. A. Coolidge; Vice-President, S. S. ernment to do a lighting and power business. V. 72, p. 935. Has inGordon; Secretary and Treasurer, H. M. Brandsford.
stalled a power and lighting plant of 10,000 horse po wer.
Annual Report— For year ending Dec. 31, 1900 (including Atlanta
Railway): Gross, $640,234; net, $295,037; interest and taxes,$193,Population 1900 was 15.722; in 1890 was 13,963;
493; surplus, $101,544.
and in 1880 was 15,105.
OFFICERS— President, Ernest Woodruff; Vice-Pres., T. K. Glenn;
Treas., R. J. Lowry; Supt., H. N. Hurt; 8upt. of Construct'n, W. H.
The recent attempt to unite this company and the Atchison Water Glenn— V.
68, p. 84, 770, 1179; V. 69, p. 77, 491, 1010; V. 70, p. 125,
Co. under the name of the Atchison Railway, Light, Heat, Power &
1048, 1194, 1290; V. 71, p. 27, 181, 287, 390, 1012, 1066; V. 72, p. 337,
Water Co., miscarried.
626, 935; V. 73, p. 662, 783.
Organization— Controls electric railway, lighting and gas properties of Atchison. Successor in 1895 to the Atchison Railway, Electrio
-An eleotrio road.
Light* Power Co.
Organization Formerly the Collins Park & Belt RR. Organized in
Date. Interest. Outstanding. Maturity. June, 1892; in 1899 the company was reorganized under the above
Stock
BONDS—
Stock, $300,000, par $100
$300,000
title.
Atoh. Ry. Lt. &. Pow. 1st
1895 6g.,J&J
150,000 July 1, 1915
Constitutes an opposition line to the old roads controlled by the
M., gold, $1,000, int. at
Trustee, Mercantile Trust Co., New York.
Exch. Nat. Bk., Atchison.
Atlanta Railway & Power. Litigation to prevent condemnation of
ROAD— Operates 8 'a miles of track; extension of 2*3 miles proposed. tracks of the latter delayed construction for a time. Franchise proEarnings—In 1900 the Atchison Railway, Light & Power earned vides that in case of consolidation with another road both companies
groes, $87,506; net, $28,553; in 1899 gross, $81,346; net, $39,310.
are to pay 5 per cent of gross receipts to city. Also that company
OFFICERS— President, J. P. Pomeroy: Vice-President, W. P. Wag- cannot be subjected to any tax on gross receipts until the Atlanta Ry.
goner; Treasurer, C. S. Hetherington.— V. 72, p. 626, 1278.
& Power Co. can be compelled to pay the same tax. In June, 1900,
Rapid Transit Co. began selling 3 tickets for 10 cents, but on Oct
1, 1901, regular fare of 5 cents was resumed.
Population 1900 was 10,245; in 1890 was 8,639;
Date. Interest. Outstanding.
Maturity.
STOCK
BONDS—
and in 1880 was 6.099;
Stock ($100), $1.000,000
$1,000,000
1,250,000 Jan. 1, 1931
5g.,JJ
trolley road. New 1st M., $2,000,000 ) 1901
($1,000), gold .. ...c*5lnt. at Old Colony Trust Co., Boston, Trustee.
Organization Purchased road at foreclosure sale in June, 1894.
Bonds— Can be redeemed at 105 and accrued interest on any interNew charter granted June, 1895. Has contract to furnish aro lights
to city; also incandescent lamps to private parties. Uses water power est day on or after Jan. 1, 1906.
Road— On June 11, 1£01, had completed 383 ]0 miles of traok,of which
for generating electricity.
343 10 miles was being operated; has franchises over the principal
Interest, Outstanding.
Maturity.
STOCK
BONDS— Date.
Stock... $50,000 f. p
$50,000
streets of Atlanta, and also extends to all the summer resorts. Track
1896
93,000
July 1, 1916 is laid with
6 g. J.-J
1st mort S100 000 (
90-lb. girder rails; 45 cars of the newest design received
Columhus Savings Bank, Columbus, Ga., trustee.
emir! ,£e.n(\\
a. goia
i*ooo)
In 1900 purchased at receiver's sale the Atlanta Electric Ry., a sub
Interest in Columbus or Athens.
^
PLANT— Owns 6 miles of track; 40-lb. and 70-lb.T rails and 70 lb. urban line, running to Lakewood, which has been thoroughly recon
structed. Is constructing various extensions. The company recently
girder; 10 motor cars; lighting and power plant, 700 horse power. In
paid the city $50,000 for the privilege of a franchise over the viaduct
Oct., 1901, secured control of the Tallassee Power Co., which is en
which has been built over the steam railroad tracks, thus enabling it
gaged in developing 1,200 horse power.
EARNINGS— In 1900, earnings were $17,944 gross and $9,460 net to run through cars across town.
from railway, $14,659 gross and $11,776 net from light and power
EARNINGS— For 3 months ending Sept. 30, 1901: Gross, $64,449.
and $5,048 gross and $2,490 net from city lighting. Total, $37,65l'
J. Simmons; Secretary and Treasurer, H.
OFFICERS.—President,
M. Atkinson.—V. 69, p. 491, 905; V. 7o, p. 945; V. 71, p. 27, 181, 963,
gross and $23,726 net. In 1899 $33,657 gross and $21,203 net.
1012, 1066; V. 72, p. 337.
OFFICERS— President, J. Y. Carithers; Vice-President, W. S. Holman
Secretary and Treasurer, W. T. Br van; Gen. Manager and Purchasing
Agent, C. D. Flanigen. Supt., H. M. Hughes.
Population 1900 was 30,345; in 1890 was 25,858
31,
1001, gross, $60,858; net,
$14,607.
ASHTABULA, OHIO.
ASHTABULA RAPID TRANSIT-
&
&
,
—
ASTORIA, OREGON.
;
ASTORIA ELECTRIC COM PAN
&
ATCHISON, KANSAS.
ATCHISON RAILWAY, LIGHT & POWER-
ATLANTA RAPID TRANSIT.
—
&
ATHENS, GA.
&
ATHENS ELECTRIC RAILWAY-A
—
&
"!
.->
C
AUBURN,
and
ATHOL, MASS.
in 1880
was
4,307.
ATHOL & ORANGE STREET RAILWAY
A
road.
trolley
Organization—This company owns and operates 7 32 miles of electrio track, extending from town of Athol to centre of Orange, Mass.
Completed Oct. 1, 1894. Its securities, etc, are shown below.
-
Stock (par $100) ($74,500 f.p.)
outstanding
$60,000
1st M. i$l,000), gold, '94.. 60,000
Earnings years end. Sept. 30:
1900.
1899.
Gross
$33,365 $29,555
5g., J&J, (no option) Jan. 1, 1915 Net
11,437
10,096
Int/at dd Col. Tr. Co., Boston.
Int., taxes, etc..
4,304
3,271
Dividends
4,800
4,800
DIVIDENDS— In 1895, 5 p. c; in 1896, 1897, 1898, 1899 and in 1900
8
p. o.
OFFICERS— George D.
Bates, President, Athol, Mass.; Albert N. Ellis
Wm. D. Luey, Athol. Mass.
Treasurer; Corporation Clerk,
ATLANTA, GA.
Population 1900 was 89,872
1890 was 65,533
;
and
in 1880
was
in
37,409.
ATLANTA RAILWAY & POWER-A trolley road
This
ORG an ization—
a consolidation of the old Atlanta Consolidated
Street Railway and the Atlanta Railway, control of both of which had
toeea held by the Trust Company of Georgia (Joel Hurt, President
is
1880 was 21,924
AUBURN CITY RAILWAY-A
Population 1900 was 7,061; in 1890 was 6,319;
and
in
N. Y.
trolley road.
Organization—Chartered Oct. 1, 1886. In 1895 the old lires were
re-built and extensions made. The company owns Lake Side Park,
about 33 acres on Lake Owasco.
Date.
Interest. Outstand'g. Maturity.
Stock & Bonds—
Stock (par $100) $300,000
$300,000
IstM., $300,000 ($1,000). c*) 1895 6g. F-A
300,000 Aug. 1, 1925
red. Aug. 1, 1905, at 105.. 5 Int. at W. End Tr. & S. D. Co., Phila., tr.
Bills payable June 30, I960
51,400
Road— Owns 13 miles of track extending along Seward Avenue,
North Street,
etc. and from Genesee Street to
Earnings— For years ending June 30:
Gross.
Net.
Taxes.
foot of
Lake Owasco.
Interest.
Balance.
1899-0
1898-9
1897-8
sur. $4,947
$76,237 $26,577 $3,630
$18,000
sur. 9,981.
70,481 31,400
18,000
3,419
62,772 26,977
sur. 3,808
2,364
20,805
Officers— P^sident, C. D. Beebe; Secretary and Treasurer, A. M.
Michael, Doth of Syracuse.
Index—V.
61, p. 749.
AUGUSTA
GA.
Population 1900, 39,441; in 1890 was 33,300; and in
1880 WAS 21,891.
AUGUSTA RAILWAY & ELECTRIC
trolley road.
CO.-A
Organization—A reorganization in 1896 of the Augusta Railway,
the Augusta Light Co. and the Thomson-Houston Co.
Franchise for
both railway and electric-lighting runs until 1990.
:
;
)
;
STREET RAILWAYS.
10
&
Date. Interest. Outstanding.
Maturity.
$1,000,000
1,000.000 June 1,1940
5g.
($1.000) "
o" \ tut. at Mer. Tr. & Dep. Co., Bait.. Trustee.
Bonds.- Of the new mtge. for $1,000,000, $500,000 were used
to retire oM bonds (which wore subjeot to call at 105); the balance
A syndicate headed by the Mercantile
for improvements, \-c.
Deposit Co. of Bait, contracted to purchase the entire issue,
Trust
the N. Y. Security A Trust of this city agreeiug to take $500,000.
The bouds can be called in 10, 20 or 30 years from date at 105 and
Interest on t> mouths notice. Sinking fund is provided of *a of 1 per
cent, beginning June 1, 1905, for 15 years, 1 per cent for next 10
years and 2 per cent for remainiug 10 years.
Annual Report— For years ending Deo. 31 earnings were:
1899.
1898.
1900.
Gross.
$100,859
$126,140
$111,204
From railway
76,713
73,319
79,013
Froui lighting
•STOCK
BONDS—
k.par$100, $1,000,000
mtff. sold. $1,000,000* 11X10
J&D
<!fc
$174,178
97,827
$202,853
114,281
$190,217
Total gross
Operating expenses and taxes.. 112,027
$76,351
$88,572
$78,190
ROAD—Operates 28 >s miles of track 17 miles of street.
OFFICERS— Pres., D. B. Dyer; Secy., C. O. Simpson; Supt., W. E. Moore.
INDEX-V. 60. p. 391; V. 61. p. 793; V. 62. 820, 907; V. 63, p. 115;
Net
;
V. 70, p. 175. 1048; V. 72, p. 44.
&
Date. Interest. Outstanding. Maturity.
STOCK
BONDS—
Stock (par $100) $1,500.000
$300,000
1st mort, gold ($500 and < 1896 5g. J-D
250,000 June 1, 1920
$1,000 each) $300,0000* I Int. at Atlantic Trust Co., N. Y.. trustee.
1st Gen. M., $1.200,000, )
1901 5g. J-J
(t)
July 1, 1931
$500-$1000, gold
c* i Int. at Atlantio Trust Co., N. Y., Trustee
Bonds.— Of the $1,200,000 now mortgage, $250,000 are reserved to
retire the 1st mortgage bonds of like amount due June 1, 1926; the
balance will be used in making extensions to Amsterdam, Johnston
and Gloversville; cannot be called before maturity.
Road— Owns and operates 14 miles. Connects, by standardgauge railroad, the many manufacturing establishments of Ballston
Spa and vicinity with the Delaware & Hudson RR., thus affording
transportation of freight to all parts of the oountry without breaking
bulk.
Officers— President, F. H. Beaoh Seoretary and Treasurer Geo.
A. McOmber, Ballston Spa, N. Y.-V. 67, p. 369; V. 70, p. 229 ; V. 72
p. 1033 V. 73, p. 31, 615.
;
;
BALTIMORE, MD.
Population in 1900 was 508,957; in 1890 was 434,439
AND IN 1880 WAS 332,313.
Street Railways of Baltimore pay a Park Tax of 9 per cent of gross
turnings within old Oity Limits, and are required to pave between
tracks and two feel on each side.
UNITED RAILWAYS & ELECTRIC
CO.
OF BALTIMORE—
AUGUSTA, ME.
Annapolis Maroh
Organization— Incorporated
1890 was 10,527;
Population 1900 was
Baltimore Consolidated Railway
and
1880 was
and
Railway, which
was
AUGUSTA HALLOWELL & GARDINER Passenger
Comprises
passenger railways
Baltimore
Trolley road.
at
11.683; in
8,665.
in
idate the
Co.
consolidation
RAILROAD-An electrio road.
all
Organization—Organized March 18, 1889, under laws of Maine.
Date. Interest. Outsland'g. Maturity.
STOCK & BONDS—
Text.
$120,000
Stock $150,000— $100
100,000 July 1,1910
1S90 6 J- J
1st mortgage for $100,000...
Interest payable in Boston; International Trust Co., Irustee.
J- J $50,000 July.1911
payable at Maine Trust &
Banking Company, Gardiner, Me.
(
Bonds—The consol. bonds were originally 6 per cents, subjeot to
call after 1896, but on Jan. 1, 1899, they were called in and re-issued
as 4*3 per cents.
„ „
Dividends, 1894-95. 2 p.c; in 1895-96, 3% in 1896-97,4; in 1897-8,
4; in 1898-9, 4 p. c; in 1899-1900, 4 p. c; in 1900-1, 4 p. o.
Road— Operates 13 miles of road in Augusta, Hallowell, Gardiner
and Farmingdale and to Togus.
Annual Report— For years ending June 30th earnings were
1891
4*«
{Interest
is
c
Oonsol. mortgage
1900.
$38,748
11,351
8.250
1901.
1900.
1901.
$396
Taxes, etc
$387
Gross earnings.. $41,553
2,705
4,600
Bal. for divs
13,237
Netearnings
4,800
Dividends
4,800
8,250
Interest on bonds
Officers— Prest.. J. Manchester Haynes, Augusta, Me.; Sec, H. G.
Staples; Treas. and Pur. Agent, G. E. Macomber; Bookkeeper, E. H.
Morrill; Supt, L. F. Taylor.
|
I
I
AURORA,1890 ILL.
was
Population 1900 was 24,147;
was
AURORA STREET RY.
AURORA & GENEVA,
and
in 1880
Both these roads have beenmersred in
the Elgin Aurora &8o. Tract'n, which see.
)
s
AUSTIN, TEX.
Population
1900 was 22,258; in 1890 was 14,575;
in 1880 was 11,013.
in
and
AUSTIN"
road.
RAPID TRANSIT RY.—A trolleyreceiver
and commenced operation again on Sept.
8,
•f five months.
Stock
Stock
&
BONDS—
Date.
Outsland'g.
Interest.
Maturity.
$350,000
343,000
Sept.' i', 1921
1891
6 M-S
1st mortgage
International Trust Co., mortgage trustee, Boston.
ROAD— Operates 1334 miles of track on 1027 miles of road.
Officers— President, F. H. Watriss; Vlce-Pres. and Treas., E. P
Wilmot; 8eo. and Supt., Frank E. Scovill.— V. 64. p. 422; V. 70, p. 1248
BABYLON,
1900 war
Population
BABYLON
N. Y.
in 1890 was 6,035;
1880 was 4,739.
7,112;
in
and
in
RR.-Chartered
Baltimore Gardensville & Belair Shore Line Electric Ry.
Electric Ry.
Walbrook G wy nn-Oak&Powhatan.
Baltimore & Northern Elec. Ry. Co.
Also owns all the bonds of the Baltimore Middle River & Sparrows
Point RR. The latter company is In default, and the United Railways
& Electric Co., as owner of the bonds, is pressing foreclosure proceedings.
The company also controls by ownership of stock the York Road
Turnpike, the Charles Street Avenue Turnpike, the Harford Turnpike and the Baltimore & Jerusalem Turnpike.
Organized by a syndicate headed by Alexander Brown & Sons, see
Vol. 68, p. 230, and Vol. 68, p. 476.
The United Electric Light & Power Co., of Baltimore, comprising the
electric-lighting plants of Baltimore, acquired by the same syndicate,
is a separate concern, but in November, 1899, the United Rys.
Electric Co. issued +2,000,000 common stock in exchange for the $2,000,000
common stock of the Light & Power Co. See statement of the Power
Co. below.
The Susquehanna Electric Power Company is building a plant near
Peach Bottom, Pa., capable of developing 40,000 horse-ower, of which
one-half has been contracted for by the United Railways & Electric Co.
Date. Interest. Outst'nd'g. Div.or Matu'y
Bonds—
Stock
Common stock, $24,000,000,
&
par,$50
$15,000,000
,.,„»
7D,dUb <J'nel901,2
Uess 14 p. c.
Inc.M.,g..$i4,000,000,cum.,)1899 4g.J.&D. 13,924,694
1949
tax free. Maryland Tr. Co. > Payable at option after March 1, 1949
c*($l,000)
) Int. at Alex. Brown <fc 80ns, Baltimore.
1st con. M., g., $38,000,000 ) 1899 4g.M-S a25,23l ,000 March 1, 1949
1900, after a shut-down'
($1,000); Continental Tr. > Interest at Alex. Brown & Sons, BaltiCo., Baltimore, trustee. c* )
more.
in 1890. Ira H. Evans appointed
No order of sale to Nov. 1,
Interest is In default.
Feb. 23, 1897.
1901. On April 7, 1900, dam crossing Colorado river broke, whlcn
shut ofl the power. Since then it has constructed its own power plant,
Organization—Chartered
in
County and lines extend Into Anne Arundel County and Howard
County. Through the consolidation of the two roads named and
various prior consolidations with those roads, embraces the following:
Baltimore Catonsville & Elllcotts Central Railway Company.
Mills Passenger RR.
Gwynn's Falls Railway of BaltiBaltimore City Passenger Ry. Co.
more City.
Baltimore Consolidated Ry. Co.
Maryland Traction.
Baltimore & Curtis Bay Ry.
Pimlico & Pikesville RR.
&
19,688;
in
11,873.
the
April 15, 1871.
Organization. —Owns and operates l 53 miles, extending from
State Dock on Great South Bay to L. I. RR. Depot. Extension contemplated of 3s mile to the village limits, to connect with Babylon &
North Shore RR. Operated since July 31, 1898, by Kinetio stored
steam motors.
-
Preferred,cuin.,$l 4,000,000,
par, $50
A
*
)•—
UNDERLYING SECURITIES.
Bait. Traction— 1st ($1,000))
M., Tr. Mercantile Tr.
>
&
1889 5
M-N
&
BONDS—
Date.
Interest.
Outstanding.
Maturity.
$25,000
18J8
June 1, 1928
5 K. J-D
33,000
$1,000) )
1st M if
$600,000 auth. S Interest at Metropolitan Trust Co., N. Y., Trustee.
Earnings for yearending June 30, 1901, gross, $376; operating ex-
Stock, $25, OOO ($25)
.
.
I
penses, $3"
7.
OFFICERS— President, Arthur
Francis J. Oppenauer.
P. Dodge; Secretary and Treasurer,
N. Y. Office. 819 Carnegie Hall.
M
.
BALLSTON SPA,
N. Y.
Population 1900 was Z.'.n'S; in 1890 was 3,527;
am> in 1880 was 3,011.
BALLSTON TERMINAL RR.-A trolley road.
Organization—Chartered March 14, 1896.
On Jan. 27, 1900, Fierlerlck II. Beach was appointed receiver, pending the adjustment with the contractors who were building the extension.
In May, 1901, capital stock Increased from $300,000 to $1,500,-
000 and a Lew issue of bonds authorized
Johnstown and Gloversville.
to extend
i
oad to Amsterdam,
1.500,000 Nov.
1,
1929
Interest at National Mechanics' Bank,
Deposit Co
Baltimore.
)
Do N.B.Div.lst ($1,000)58,) 1892 5 g. J-D 1,750,000 June 1. 1942
g.Trus.,Mer.Tr.&Dep.Co.c 5 Int. at National Mechanics' Bk., Bait.
Do Conv'tlbleg. bonds (not) 1896 5 g, M-N J 566,000 May 1,1906
M.) $800,00 red. aft. May > Trustee, Mercantile Trust & Deposit Co.,
Baltimore. Int. Nat. Mech Bk., Bait.
1, 1901, at par ($1,000). .c* >
Oity <& Suburban My. bonds— ) 1892 5 g. J-D 3,000,000 June 1, 1922
1st mortgage, g., ($1,000) 5 Int. at Alex. Brown & Sons, Baltimore.
Safe Deposit & Trust Co., Bait., Trustee.
Bait. Oatonsv.aEllicott's Mills ) 1896 5
J-J
500,000 July 1, 1916
1st M., $500,000 prin. g... > Trustee, Safe D. &Tr. Co., Bait Int. at
National Mechanics' Bk., Bait.
)
Lake Roland Elevated— 1st ) 1892 5 g. M-S 1,000,000 Sept. 1, 1942
o*«fer S Int'st at Alex. Brown & Sons, Baltimore,
M., gold ($1,000)
Baltimore Trust & Guaranty Co., Trustee.
Ball. City Pa**.— 1st mort., 1891 5k. M-N $2,000,000 Nov. 2, 1911
o* Interest at Nat. Mechanics' B*k, Bait,
$1,000, gold.
afe Deposit A Trust Co., of Bait., Trustee.
Baltimore Oily Pass. —
Certs, of Indebt., $500,-) 1897 4^g.M-N $500,000 Nov. 2,1911
000, g. ($500 <* $1,000) 5 Interest at Nat. Mechanics' B'k, Bait.
Central Ry.-lut M., $«00,- ) 1882 6 J-J
41,000 July 1,1912
000, sink, fd., currency... 5 Subj. to call at 100 in certain am'ts y'rly.
Trustee Baltimore Safe Dep. & Trust Co. Int. at Nat. Meoh. Bk., Bait.
"N
659,000 May 1,1932
fonsol mort
S700 000 )r 1892 5 *- National
$700,000,
Mechanics' Bk., Bait.
In( ftt
nH/wnm'i
KOia (usi.uuu)
^ Mercantile Tr. & Dep.Co. of Balt.,Trustee.
Ext. and Imp. 1st mort., ) 1897 5g. M-8
600,000 Mar. 1, 1932
$600,000, g., ($1,000).. £ Trustee is Bait. Tr. & Guar. Co., Bait.
) Int. at National Mechanics' Bk., Bait.
b Ball. Mid. Riv.<£ Spar. PL—
300,000 July 1, 1925
1st Mtg., $300,000, gold) 1895
5 g. J-J
Trustee, Maryland Trust Co.
c* S
($1,000)
Ball. <t. Xorth. Elec— lstM.,)lS97
5g.
($1,250,000 Nov. 1, 1947
$1,250,000, gold ($1,000) > Maryland Trust, Baltimore, trustee.
Int.
National
Mechanics' Bk., Bait.
at
)
55 Of these only $10,000 are still outstanding; of the remainder
$1,111,000 have been canceled, having been exchanged for the United
1
Stock
4, 1899, to consolthe Baltimore City
effected the same day.
City and Baltimore
STREET RAILWAYS.
11
Railways & Electric Co.'s 4 per cent bonds, while $129,000 are held In ers of this company secured control of the Bangor Orono & Old Town
Ry. and the Bangor Hampden & Winterport Ry.
the treasury of the latter to be exohanged at pleasure.
Interest. Author' d Oulstand'g.
in the treasury of the company to
BONDS—
Maturity.
STOCK
t Of this issue, $30,000 are held
Stock, $100
$600,000 $600,000
be exchanged at pleasure.
5g.A-0 600,000 600,000 Apr. 1, 1929
1st, gold, 1899 o* $500, )
a This shows amounts authorized, less amounts reserved for under$1,000
S Int. at Old Colony Tr. Co., Boston, Trustee.
lying bonds, acquisitions, improvements, etc.
ROAD— Owns road in Bangor to Brewer, etc., 9*8 miles of track.
b In treasury of City Passenger Ry., and mortgage will probably be
Annual Report— For years ending June 30 earnings of Bangor
foreclosed and bonds canceled.
Street Railway have been :
Securities— Of the $38,000,000 of 1st consolidated bonds, $25,231,- Tr. end. June 30. 1901.
1900.
1901.
1900.
$4,866
000 have been issued, $12,255,000 have been set asido for the retire- Gross earnings.. $65,494 $65,171 Surplus
$3,782
Tot.
def.
Net
earnings
15,824
14,623
Sept.
30
695
5,561
ment of underlying securities, and $514,000 reserved for better- Interest, etc
1( ,841
10,958
ments, improvements, extensions and expenses of consolidation. In
Officers— President. C. F. Woodard, Bangor, Me.; Sec, Treas. and
March, 1899, $18,000,000 of this issue was offered for sale by Brown Gen. Man., J. H. Cutler.— V.
61, p. 795.
Bros, of New York, Philadelphia and Boston, Alex. Brown & Sons,
and Mercantile Trust & Deposit Co. of Baltimore. In April, 1900,
Alexander Brown & Sons took a further block of $3,000,000 of the
trolley road.
bonds, and in March, 1901, the Mercantile Trust & Deposit Co. conThis property has been acquired by the stockholders of the Public
tracted to take $2,800,000 more, part of which was used to retire the Works Company, but nothing had been done in the way of coneolida.
$1,250,000 Baltimore Traction 6 per cent Ext. & Imp. bonds which tion up to Nov. 1, 1901.
mature Sept. 1, 1901.
Organization—This company began operations in July, 1895. Its
The plans originally provided for the issue of $14,000,000 of pre- oars run over the Bangor Street Railway to a point on State Street,
ferred stock, but it was arranged that at the option of the holders and thence over its own line through the villages of Veazle and Orono
the same could be converted into income bonds, bearing 4 per cent if past the State College to Old Town, a distance of 14^ miles, 2 miles In
earned and payable at the option of the company after March 1, 1949. Bangor; total, 162 miles of road and 16-7 miles of track.
The option of conversion has been exercised to the extent indicated
Date.
Interest.
Outstanding.
Maturity.
BONDS—
STOCK
8tock$125,000(par$100)
See text.
$125,000
see text.
above.
1st M., $125,000, gold.... 1895 6 g. semi-an.
1915
125,000
On Feb. 28, 1900, the 50-year 1st con. mort. and also the income Bills
payable June 30,'00.
29,000
bonds were listed on the Phila. Stock Exchange; the stock, the consols
DIVIDENDS—From April 20, 1896, to June 30, 1898, 1 p. c. monthly;
and the Income bonds are all listed on the Baltimore Exchange.
In 1897-98, 8 p. c; in 1898-99 and 1899-1900, none.
Dividends.—Dividends of *a of 1 per cent were paid in June 1899,
Earnings—Year ending June 30, 1900, gross, $50,087; net $13,913;
and 2>s p. c. in Dec, 1899, and 2 p. c. each on June 1 and Dec. 1, 1900, interest, taxes, etc.,
$8,723; surplus, $5,190.
and June, 1901, on both the income bonds and the preferred stock, the
OFFICERS— President and Treasurer, Jame3 H. Cutler.
payment on the stock (but not on the bonds; being subject to a
RY.-Trolley road.
deduction of one quarter of one per cent for taxes.
Organization— Organized in 1897. Stock, $250,000; par, $100
ROAD—Miles of track, 359; cars, 1,512; gauge, 5 ft. 4^ in.
Latest Earnings—For 3 months ending Sept. 30, 1901, gross Bonds are gold 5s, dated July 1, 1898, redeemable after 5 years at
102; $250,000 Issued.
receipts $1,031,857.
Road— Projected from Bangor to Charleston and Kenduskeag to
new
company
For
the
ending
Dec
the
year
31,
1900,
Earnings—
Garland, 40 miles, of which Bangor to Corinth (21 miles) opened for
earned—
Gross earnings
$4,431,743 business May 1, 1901. Operates 5 motors, 2 trail, 10 flat and 10 box
Operating expenses
2,059,559 cars. Rails have been laid to Charleston (5 miles further) but will not
Net earnings
$2,372,184 be completed until next spring.
Fixed charges, taxes and divs. onpref. stock
Officers— Pres. and Gen. Mgr., F. O. Beak Treas., F. H. Small;
2,327,980
Supt., W. E. Pierce Clerk and Legal Adviser. E. C. Ryder, Bangor,
Surplus for year
$44,204
Me.—V. 70, p. 740.
Officers—President, George R. Webb; Vice-President, Col. Walters.
Franklin; Gen. Manager and Ass't to Pres., William A. House; Treasurer, Briggs C. Keck; Secretary and Auditor, H. C. McJilton.— V. 70,
p. 481, 793, 843, 893, 1050; V. 72, p. 340, 481, 1281; V. 73, p. 392,
Population 1900 was 8,448; in 1890 was 4,146;
786, 901.
and in 1880 was 1,025.
&
I
|
l
I
BANGOR ORONO
WAY—A
&
OLD TOWN RAIL-
&
PENOBSCOT CENTRAL
;
BARRE, VT.
(1) UNITED ELECTRIC LIGHT & POWER (of Baltimore)—
Organization- Consolidation in April, 1899, of the Edison Electric
Illuminating Co. with the Brush Electric.
Also owns all the bonds
and all the stock of the Northern Electric Co., thus embracing
practically all the electric light companies doing business in Baltimore.
Is controlled by the United Railways & Electric Co. of Baltimore,
which owns all the J light & Power Co.'s common stock of $2 ,000,000.
Stock
&
BONDS—
Date.
Com. stock, $2,000,000
e
U
I
$1
00.0 00f P ar $50
:i
3
X'shO)! !!?".""
%
,
.
Interest.
0Um
""
5
—
Prior liens.
•
-
Outstanding. Dwistends,<£c.
$2,000,000
•700,000Not.,'01.21.%
BARRE & MONTPELIER TRACTION
A
POWER CO-—
—
Stock
Bonds
&
Maturity.
8tock, $135,000, par $100
$120,000
1st M., gold, $100,000 ($500 < 1897 5 g.M-N
100,000 Nov. 1, 1917
each), notsubj. to call..c* (Int. at Am. Loan&Tr.Co., Boston, Trust.
Floating debt Nov. 1, 1900, was $5,000.
Earnings— Fiscal year ending June 30, 1900: Gross, $30,000; net,
$12,140.
Road— Barre to Montpelier, Vt., 9*3 miles, opened about June, 1898.
President, F. C. Kennedy, Burlington, Vt.; Sec, H. K. Bush, Barre, Vt.
265,500 1910 to 1924
1st consol. mtg. g. $4,-1
500,000. c* ($1,000) (1899 4% g. M. & N. 3,263,000 May 1, 1929.
Int. at Alex. Brown | Trustee, Maryland Trust Co., Baltimore.
<fc 8ons, Baltimore.. J
This includes $17,487 of outstanding scrip.
Of the new mortgage for $4,500,000, $265,500 are reserved to take up
underlying liens, and $971,500 remain for future requirements.
Messrs. Alex. Brown & Sons offered some of the bonds for sale in
November. 1899, and also some of the preferred stock.
Earnings— For eight months ending Dec. 31, 1899, gross was $434,.
505; net, $199,504.
Proportionate fixed charges $127,864; proportionate dividend on preferred stock, $22,653; balance, $48,987
-V. 69, p. 956, 1104, 1246.
BATH, ME.
Population 1900 WAS 10,477: in 1890 WAS 8,723;
and in 1880 was 7,874.
*
WASHINGTON WESTMINSTER
GETTYSBURG RAILROAD—To be a steam road.
Investors'
Supplement
&
trolley road.
Date. Interest, Outstand' g.
BATH STREET RAILWAY.-A trolley road.
Organization—Chartered May 5, 1891. Franchise perpetual. On
1, 1898, the Lewiston Brunswick
Bath Railway Company assumed possession under a 999-year lease, paying the $100,000 stock 4
per cent per annum, semi-annually. Earnings and operations merged
with those of lessee, which see.
July
<fc
&
BAY
See
CITY, MICH,
Population 1900, 27,628; in 1890 was 27,839,
and in 1880 was 20,693.
for July, 1898.
BAY CITIES CONSOLIDATED RAILWAYBANGOR, ME.
A
Combined population
1901
about
the $381,000
has been paid
BANGOR HAMPDEN & WINTERPORT No coupon on The
committee,
which
Shaw,
RAILWAY-To be a
Population in 1900 was 21,850; in 1890 was 19,103;
and in 1880 was 16,856.
trolley road.
In Sept., 1901, control of this property
holders of the Public Works Company.
was acquired by
the stock-
Organization— Incorporated in 1897
to build a road from the south
Bangor through Hampden to Winterport. Bonds, 1st mortgage, dated 1897, $300,000 ($1,000 each), 5 per cent, due Sept. 15,
1917, Old Colony Trust Co., Boston, trustee; +40,000 outstanding in
line of
Feb., 1901. Stock, $300,000; outstanding, $60,000. Entire projected
54 miles; of this Bangor to Hampden 6-13 miles, operated since
1898. A summer park has since been added. Hampden to Winter-
line,
port and Frankfort, about 10 miles, is expected to be built in 1901.
Earnings year ending June 30, 1900, gross, $26,817; net, $3,830.
PUBLIC WORKS COMPANY.-
Orqanization— Owns and operates Bangor Street Railway, an elecBangor Electric Light & Power, Penobscot
Water A Power and Brewer Water companies. In 1901 the stockholdtric road; also controls the
trolley road.
(estimated)
of territory supplied in
65,000.
since that for
1st consols
Sept. 1, 1895.
bondholders'
of
Geo. E.
Phila., is Chairman, represents about 80 p. c of the outstanding issue.
Receivership.— In July, 1899, the property was placed in the hands
of M. P. Heraty of Philadelphia and J. C. deadlock of Bay City, as receivers.— V. 69, p. 128. Court has authorized the issue of $295,000
receivers' certificates ; the Bay City 1st mortgage for $119,000 was
taken up in June, 1900, with receiver's certificates.
Miles. Date. Interest. Oulstand'g.
Maturity,
STOCK
BONDS—
Stock (par $100)
$950,000
Mar.1,1918
Bay Cities consol. 1st J
18936gM-S
381,000
con M.$500,000,g.c I Trustee, Phila. Securities Co., Phila.
New mort., $50,000
$50,000
1896 6 M-S
1906
Trustee, Phila. Securities Co., Philadelphia.
&
EARNINGS— For the 12 months ending Deo. 31, 1898, gross income.
$87,802; net, $28,900. In 1897 gross income, $81,449; net, $27,000.
Road— Owns 30 miles of track (length of line 17 miles).
Officers— President. Michael P. Heraty, Phila., Pa.; Gen. Manager,
E. S. Dlmmock; Supt., William Luxton.— V. 68, p. 473 V. 69, p. 128.
;
)
>
)
)
.
STREET RAILWAYS.
12
BEATRICE, NEB.
Annual Report— Figures
Tears ending—
1900-01
POPULATION lDOO was 7,875; in L880 WA8 13,836;
ash in lS-<0 w vs 2,447
COMPANYBEATRICE ELECTRIC
November,
with authorized
Incorporated
Organization—
hi
IS;)."),
capital stock $100,000, to acquire the property of the Rapid Transit &
Power Co., 7*t miles of track, foreclosed July 26, 1895 (V. 61, p. 195),
the Beatrice Electric Light Co. and also water-power facilities.
Funded debt $60,000 of 6 per cent bonds due In 1915. Operates 7
of trolley.- V. 61, p. I95j V. 69, p. 78.
In July. 1^99, Eugene J. Sullivan was appointed receiver, but in
1901 he was A sohftrged ami
ol
t
FALLS,
BEAVER
was
Population
1900
and
in
E. J. Sullivan; Treas-
$90,490
$60,071
$30,419
79.994
56,003
23,991
1898-99
66,176
54,692
11,484
1897-98
70,504
52,881
17,623
OFFICERS— President, G. T. Rogers; Vice-President, J. B. Landfleld;
Beoretary, J. M. Johnson; Treasurer, John B. Rogers; Asst. Treas.,
H. O. Hardie; General Manager and Purchasing Agent. J. P. E. Clark.
Office, Blnghamton, N.Y.— (V. 61, p. 151; V. 62, p. 360; V.63,p. 878.)
BIRMINGHAM, ALA.
Population 1900 was 38,415; in 1890 was 26,178
10,054; in 1890 was 9,735;
1880 was 5,104.
trolley
iu
29,
Organization—
entire capital stock of Bearer Valley St. Pass. Ry. Co. and of Central
Elect. St. Ry. Co., purchased Aug. 8, 1891, operating them as one road
under 999 year lease. Charter aud franohlse perpetual.
to
increased from $300,000 to $1,000,000, and then
In 1900 stock
purchased the stock and property of the People's Electric Street Ry.
of Rochester, the College & Grand View Electric Street Ry., the
Rochester & Mouaca Electric St. Ry. and the Beaver & Vanport ElecPopulation served about 50,000.
tric Ry.
Maturity,
Date. Interest. Outstanding.
Bonds—
Stock
t'b ,41
f\l\ft I11UW nil ~
$1,000,000
par $50.
Sfk
($1,000,000)
July 1,1911
150,000
1st mortgage, $150,000, 5 1S91 6 g. J ^J
Int. at Union Trust Co., trustee, Pittsb'g, Pa.
gold.
Oct. 1, 1915
100,000
O). J 1895 6 g. A-O
2(1 mortira ge.gold, ($500)
o* ( Int at Union Trust Co., trustee, Pittsburg.
$100,000.
l'.>00 5g. A&O
675,000 Oct. 1, 1950
New let Con. Mort. gold, Int.
at Pa. Co. for Ins. on Lives & Grant,
$1,000,000 ($l,000)..c* Annuities, Phila.. Trustee.
,
the $1,000,000 Dew consols, $325 000 are reserved to
retire underlying bonds. Messrs. Graham, Kerr & Co. of Philadelphia
placed the new bonds. Bonds are redeemable at no and accrued interest.
Road— Owns and operates 25 miles of track, laid with 90-lb. rails.
Bonds— Of
Owns 40
cars, with snow scraper and snow-sweeper.
Earnings— For year ending June 30, 1901, gross, $133,050; net,
$55,000; charges, $53 000; surplus, $2,000. Road was in process of
reconstruction until Sept. 1, 1901, and therefore not in condition to
show its full earning capacity.
OFFICERS— Annual meeting Hist Monday in November. President,
M. Buchanan, Beaver, Pa.; Treasurer, Walter T. Bilyew, Philadelphia. V. 70, p. 1148; V. 71, p 913.
J.
& Belt RR.),
BIDDEFORD, ME.
Population 1900 was 16.145; in 1890 was 14,443;
and in 1880 was 12,651.
BIDDEFORD & SACO RR- An electrio road.
Owns and
operates 8
In
miles of roan between Saco, Biddeford and Old Orchard Beach.
Sept., 1901, the directors had under consideration a proposition to increase the capital stock lor the purpose of improvements, &c. Nothing, however, has as yet been done.— V. 73, p. 494.
Dale.
Int'st. Outsland'g. Maturity.
Bonds—
Stock
dtock (par $50) ($100,000 auth.)
$40,000
1st mortgage »300,000 ($1,000)) 1900 4 g. J - D 150,000 J*ne,1940
No h. f. but can be > Interest at Portland Trust Co.,
gold c*.
Portland, Me., trustee.
called In 1920
)
Tri.end. June 30. Gross.
Interest, etc.
Net.
Balance.
1899-1900
$31,572
uur.$3,594
$10,769
$7,175
1898-1899
30,656
14,275
7,047
sur.7,228
1897-1898
24,958
sur.1,217
8,227
7,009
OFFICERS- President, C. H. Prescott, Biddeford; Secretary and
Treasurer, E. F. Lord.-V. 70, p. 1048; V. 73, p. 494.
&
BINGHAMTON,
N. Y.
Population 1900 was 39,647; in 1890 was 35,005;
and in 1880 was 17,317.
BINGHAMTON RAILROAD—A
Organization— Chartered August
trolley road.
Formed in 1893 by con-
11, 1892.
the street railways in the city.
Dale.
Interest. Outstanding.
Maturity.
Bonds—
Stock
Stock, $900,000, par $100
$422,400
st
RR.
1
M
Htreet
1890
6
A-O
Blng.
i:00,000
Apr. 1,1910
Blnghamton RR. Co. M.,
1908-1917
50,000
$900,i>00, g. $1,000.. c*
($5,000 due yearly Mar. 1.)
At1893 5gJ-J'
1918-1922
(Bee text) Ir.
50,000
lantic Trust Co., N. Y.,
($1 0,000 d ue yearly Mar. 1
$500,000 due Mch. 1, '23
Trustee.
solidation of
all
&
.
.
.
I
5gJ-D
Lest. A Un. 1st M. <1S95
$125,000 June 1,1925
gold, prln. and Int. guar. I Interest at Atlantic Trust, New York.
Blnghamton Trust Co., trustee.
Blng
Of the oonds of /Sty, $100,000 mature in installments as indicated In
the table, and the remaining $800,000 mature Mar. 1, 1923. Of the
$900,000 authorized $200,000 are reserved to retire the 6s of 1910 at
maturity. Jan. 1, 1898, $100,000 were sold for improvements, leaving $100,000 to he Issued at not exceeding 85 per ct. of new construction and equipment; provided the road shows net earnings equal to
twice the interest on the bonds outstanding, including those which It
proposed to issue.
miles of track, including the Blnghamton LesterUnion Railroad, 7 miles long, opened In 1896.
Road operates 36
shire
A-
thus bringing under one control
Birmingham and vicinity.
Date.
Stock & Bonds—
Interest.
0om.8'k,$100, *3,500,000
Pref. stock ($100) 6 p. c.
$1,500,000 cum)
5
Birmig'ham Ry.Lt.A
1st con. M.,
P.
$6,000,-
000
POWER-
1901
Int.
all
the street railways of
Outstanding.
$3,500,000
Maturity.
1,500,000
3,750,000 July, 1951
Colony Trust Co., Boston,
5g. J.-J.
at Old
.gold)
B'haru Ry. & El. 1st M.
g., $1,250,000, $1,000.
1890
5g.
J-J
1,250,000
July
2,
1924
New York.
Birmingham Trust & Savings Co.
Interest at Central Trust Co.,
Trustee
is
Bonds- Of the mortgage of 1901, $1,2? 0,000 is reserved to take up
the $1,250,000 Birmingham Railway & Electric issue and $1,000,000,
will be reserved in the treasury for future uses. Of the $3,750,000 to
be immediately outstanding, $1,820,000 are intended to take up the
bonds of 1900, holders of which were offered a bonus of 10 per oent in
common stock to make the exchange. We omit the old isnuefi\in the
foregoing statement because the bonds not exchanged have been called
for payment Jan. 1, 1902.
Road— On Jan. 1, 1901, owned and operated 81-03 miles of track
in city of Birmingham, and extending also to Bessemer, Pratt City
and Ensley; various extensions in progress.
OFFICERS— President, Robert Jemison, Birmingham; V.-Prest., Wm.
A.Walker; Sec. and Treas., J. P. Jones; Man., George H. Davis.—V.
69, p. 333, 590; V. 70. p. 229; V. 71, p. 862, 1166, 1218, 1310; V. 72
p. 44, 1236; V. 73, p. 137, 235, 615.
BLOOMINGTON,
ILL.
Population 1900 was 23,286; in 1890 was 20,484
and in 1880 was 17,180.
A
19, 1887.
1880
<fe
Nov
ember 1900.
Organization— Incorporated Feb.
in
Birmingham Gas Co. For details see V. 72, p. 1236. The BirmingLight & Power Company was a consolidation in October, 1900, of the Birmingham Ry.
Electrio Co., the Birmingham
Powderly & Bessemer Ry. and the Birmingham Traction (after the
latter had previously secured the dummy line of the Highland Avenue
3,971.
See Supplement for
RY. LIGHT &
and
;
the
BENNINGTON, VT.
WAS
BENNINGTON & WOODFORD ELECTRIC
in operation.
3,086.
ham Railway
&
now
was
Org ANIZATION— This is a consolidation in June, 1901, of the Birmingham Ry. Light & Power Co., the Consolidated Electric Light Co. and
road.
TRACTION-A
BEAVER VALLEY
perpetuity June
1891, and owns
Incorporated
RAILWAY.-Not
for years ending September 30 were:
Net.
Int., taxes, etc. Bal.,sur.
$198,156
178,945
165,154
160,061
BIRMINGHAM
PA.
POPtl.ATloN 1900 was 5,656; IN 1890
Gross.
lS!»9-00
ortioers reinstated.
OFFICERS— President, D. W. Merrow; Secretary,
arer. Paul W. Horbach.
Is
)
BLOOMINGTON & NORMAL RAILWAYPopulation
served, 27,081.
trolley road.
Organization— Incorporated in June. 1898, as successor of Bloomington City Ry., foreclosed and sold May 31.1898.— V. 66, p. 1088, 1187.
Date. Interest. Outst'd'g.
Maturity.
Stock & BONDS—
Stock, $250,< 00; par, $100
$250,000
Bloomington & Normal 1st)
M., $250,000($500 & $1.- £ 1898
5g. J-J
250,000 July 1, 1923
000)»ubj tocallaf. lOyrs.
Int. at 111. Tr. & Sav. Bk., Chicago, Trustee, and Chase Nat. Bk., N.Y.
The first mortgage bonds of 1898 are redeemable 10, 15 or 20 years
from date. The stock Is owned by A. E. DeMange and local associates.
ROAD— 13 miles of trolley track.
Officers— President, A. E. DeMange; Vice-President, John Eddy
Sec. and Treas., J F. Evans, all of Bloomington, 111.— V. 66, p. 1088,
1187; V. 67, p. 318.
BOSTON, MASS.
Population 1900 was 560,892; in 1890 was 448,477;
AND IN 1880 was 362,839.
BOSTON ELEVATED RAILWAY.-
bill chartering this company was signed by the
The bill provides for an
Governor of Massachusetts June 10, 1897.
extensive system of free transfers. In addition to regular street railway taxes the company is to pay on all lines owned, leased or operated
by it 78 of 1 per cent of gross income and a sum equal to the excess of
Organization— The
the dividends over 6 per cent. On the other hand, its charter is understood to " grant it exemption from reduction of fares, and also other
immunities."— (See Massachusetts RR. Commission, V. 65, p. 1223.) In
August, 1898, the plans were approved by the Massachusetts Railroad
Commissioners, cars to be run with electricity by the "third rail"
system.— V. 67, p. 318. Ground was broken early in 1899, and 6 miles
of elevated road opened to the public in June, 1901, and in Aug.,
1901, put in operation the Atlantic Ave.Loop Division. In June, 1901,
the Mass. Legislature passed the bill authorizing the company to
build a subway under Washington Street, and to issue stock and bonds
for the purpose; at the expiration of 40 years the company agreeing to
turn the title over to the city (V. 72, p. 1134), but on June 18 the
Governor vetoed the measure.— V. 72, p. 1186.
Lease of West End.— The West End Street Ry. is leased until June
10, 1922, at 7 per cent per annum on its common and 8 per cent on
the preferred stock, in addition to all interest, rentals, etc. Possession of WeBt End was taken Jan. 1, 1898. See lease in V. 65, p. 1223.
The Boston Elevated in Oct., 1901, called on the West End to issue
bonds for construction advances (aggregating about $1,800,000), as
provided
in
base.
stock is $10,000,000 (shares $100), all paid in, the
having been paid April, 1900. First dividend, 2 1* per
Stock— Capital
last instalment
STREET RAILWAYS
15, 1898— V. 67, p. 221. In 1899, 5*4 p. a; in
1901, Feb., 2*4 P- c Aug., 3>a p. 0.
The company has no direot bonded debt.
Annual Report— Report of Boston Elevated Ry. for year ending
Sept. 30, 1900, V. 71, p. 1165. For 1899, V. 69, in p. 1146; V. 70, p.
cent,
was paid Aug.
19C0, 4i*
p. 0.; In
;
Passengers carried
Oar miles run
Gross earnings
Net earnings
Interest on deposits
Total net
18971898.
1899-1900.
201,124,710
38,171,984
$10,141,209
3,313,099
95.785
$3,408,884
1898-1899.
191,023,224
34,594,224
$9,671,440
2,844,290
$2,928,986
181,321,295
32,209,150
$9,179,096
2,612,512
78.156
$2,690,668
$498,569
$495,725
$498,600
84, 696
DeductionsInterest on West
End
debt....
504,748
500,575
435,860
Taxes, West End
232.M0
172,795
86,049
Taxes, Boston Elevated
84,625
88,736
80,317
Compensation tax
211,146
204,538
106,134
Rental of subway
1,147,950
1.147,950
1,147,950
Dividends on West End stock.
9,180
9.180
Other rentals
9,180
240,00
Depreciation fund
Balance
$476,045
$313,598
$326,577
(4^%)337.5t 0(5i4%)262,500(2 i4%)112,500
Dividend
Surplus for year
$214,077
138,545
$51,098
OFFICERS— President, Wiltiam A. Bancroft; Vice-President, Chailes
8. Sergeant; Treasurer, William Hooper; Secretary, John T. Burnett;
Auditor, H. L. Wilson. Annual meeting is held the first Monday of
January.— V. 70, p. 228, 685; V. 71, p. 83. 235. J37, 1165; V. 72, p.
335, 1134, 1186, 1236; V. 73, p. 235. 390, 615, 956.
13
trustees, who hold the title to its assets. Messrs. E. Rollins Morse St
Bro. and Tucker, Anthony & Co. of Boston, who promoted the combination, in June, 1899, in offering some of the stock for publio subscription [$1,000 of preferred and $500 common was offered for
$1,050], stated that "the Declaration of Trust contains strict provisions against the creation of any indebtedness whereby any shareholder or trustee can be held to any personal liability." The following
Is a list of the companies originally controlled, also including those
since added. For details regarding their earnings and condition, see
statements below. Most of these separate companies have since
ceased to exist, having been amalgamated with others in accordance with the plan of the management to combine the various properties Into a few large companies. Roads already merged are designated
by an asterii-k (*) prefixed to the name.
*Nashua Street Railway,
'Beverly <fe Danvers,
'Needhain & Boston,
'Boston Milton <& Brockton,
"N. Bedford Middleb. & Brockton
'Braintree Street Railway,
'Brockton Bridgewater & Taunt'n, *Newport & Fall River,
Brockton Street Railway, now the 'Newport Street Railway,
'Newport Illuminating Co.
Old Colony Street Ry.
'Hrockton <\ East Bridgewater,
'Norfolk Central,
"Norfolk Suburban,
'Dighton Rock Park Corporation.
'North Woburn Street Railway,
'Dighton Somerset & Swansea,
'Providence & Taunton,
'Globe St. Ktiilway (Fall River),
*Quincy <fe Boston,
'Gloucester Essex & Beverly,
'Gloucester Street Railway,
'Readins <fe Lowell,
'Gloucester & Rockport,
*Rockport Street Railway,
Hyde Park Electric Light Co.,
*Salem & Wakefield,
*South Shore & Boston,
Lawrence & Reading,
Companies Controlled by Bo-ton Elevated Ry. Co,
'Lowell Lawrence & Haverhill,
Taunton & Brockton,
END
STREET
RAILWAY—
A
trolley
road.
'Lowell & Suburban,
"Taunton Street Railway,
(1) WEST
Organization— Leased to Boston Elevated RR. until June 10, 1922, Lynn <fe Boston, now the Boston & 'Wakefield & stoneham,
Northern 8t. Ry
'West Roxbury & Roslindale,
at 7 per cent per annum on common and 8 per cent on the preferred Middleton & Danvers,
'Woburn & Reading.
shares of the West End Co. in addition to the payment of its rentals, 'Mystic Valley,
interest and other charges.
Boston Elevated assumed possession
The foregoing comprise electric street railway lines in Eastern MasJan. 1 1898. See terms of lease in V. 65, p. 570.
sachusetts and Rhode Island. The companies given cover the greater
In December, 1896, leased the right to use the subway at 4 78 per cent part of the street railway mileage north of Boston as far as Nashua,
of the net oost of subway, stated approximately as $5,786,000 in
N. H., and Newburyport and Gloucester, Mass., and south as far as
September, 1898, when the third and last section was opened. Entire Fall River, Mass., and Newport and Providence, R. I., connecting dilength is 1 23 miles, with a trackage of about 5 miles. See V. 63, p. rectly with the street railway system of Boston. Various electrio
1065, 1117; V. 67, p. 528.
lighing companies doing business in the same section are also inCompany has been called upon by the Boston Elevated to issue cluded. In September, 1901, the trustees held 130,062 of the 130,622
bonds for construction advances (about $1,800,000) made by the lat- outstanding shares of stock of the companies above enumerated.
ter. V. 73, p. 956.
The intention is to have only two operating companies— one to conDate.
Outstand'g Last div., <£c.
Interest
Stock and Bonds—
sist of the lines north of Boston, comprising the roads in the Lynn &
Common stock ($50)
7
A.-O. $9,085,000 Oct., '01, 3ia
Boston system, now called the Boston & Northern St. Ry., and the
Preferred stock (par $50)
8
J.- J.
6,400,000 July, '01, 4%
Gold bonds of 1892
1892 5 g. M.-N.
3,000,000 Nov. 1, 1902- other consisting of the lines south of Boston, comprising the roads in
Gold bonds of 1894
1894 4*2g.M.-S.
2,000,000 Mch. 1, 1914
the Old Colony Street Ry. system formerly the Brockton Street Ry.
Gold bonds of 1896,
> , QQ ~
i8yt>
4 g. M.-N.
815,000 May 1, 1916
Bonds.—The share capital is represented by certificates
Stock
$2,275,000, not mort.. 5
of
participation,
which give the owners a proportionate interest in
Gold bonds of 1897,
)
aQ7 4g. F.-A.
2,700,000 Feb. 1, 1917
$2,700,000 not mort.o \
the shares held by the trustees. Both classes of shares are reported
Cur. bonds, c, $1000, ( lQn(
Jyuu 4
F.-A.
2,109,000 Aug. 1,1915 exempt from taxation in Massachusetts. The following shows stock
$2,112,000, not mort.. $
J.-D.
Metropolitan RR. (plain).. 1883 5
500,000 Dec. 15, 1903 outstanding after absorption of South Shore & Boston and Lowell <8s
1884 5
J.- J.
Middlesex RR. (plain)
200,000 July 1, 1904 Suburban. The stock was listed on the Boston Stock Exchange in
1882 5
M.-N.
Highland St., plain
300,000 May 1, 1902
Boston Consol. St. plain.. .1887 5
J. -J.
500,000 Jan. 1, 1907 April, 1901.
Date.
Rate. Outstand'g.
Dividends.
1883 5
M.-N.
South Boston, plain
200,000 May 1, 1905
»,,,,,»„,
Cambridge 1st M*
1883 5
A.-O.
390,000 Apr. 1, 1903 Common stock, par $100)
*l4,<244,bUO
($14,293,100)
\
1884 5
A.-O.
Charle s River 1st
150,000 Apr. 1, 1904
P
a
( $15
* Cambridge bonds are redeemable $30,000 yearly at 105.
* J&J 15,057,400 July, '01, 2%
of7,40of4^ cium .
.'.i
Coup.iiotes$3,500,Oo6,g.,red.^ 1901 4*eg. J*J 2,700,000 Jan. 1, 1906
Interest is payable in Boston by the Amerioan Loan & Trust Co.
ona*% basis after Jan. 1,> Int at Old Colony Trust Company,
except on Cambridge 5s payable at New England Trust Company.
'02,on4wks.notice,$l,000.c ) Boston, trustee.
Miles.
Miles.
Road— Sept. 30, 19o0.
The $2,700,0C0 coupon notes were issued to enable the Mass. Eleo.
180 Owned
Main line, 1st track
358
152 Leases, trackage, eto
do
2dtrack
12 Cos. to take $1,297,300 new stock of the Brockton Street Railway and
38
Sldings.&c
Total operated Sept. 30, 1900 370 $1,016,000 new stock of the Lynn & Boston. These stocks are depos370 Electrically equipped
Total operated
353 ited as collateral for the notes; $800,000 more notes may be issued to
Weight of girder rail is 70 to 100 lbs. Cars, 3,222; horses, 312; elec- purchase any additional stock which may be authorized by any of the
constituent companies.
tric motors, 3,877; 6now plows, 263; snow sleds, 501; miscellaneous
vehicles, 534.
Latest Earnings.— Eleven mos. to Aug. 31, 1901: Gross, $5,191,.
617, against $ 4,961,274 in 1899-00.
Officers— President, Joseph B. Russell.
REPORT.— Report for fifteen months ending Sept. 30, 1900 (see
iNDEX-V. 65, p. 1021, 1026, 1073, 1223; V. 66, p. 38, 80; V. 67, p.
Chronicle Nov. 24, 1900, p. 1072 to 1074), shows receipts from divi905; V 7 1, p. 437, 493, 1121, 1165; V. 73, p. 956.
Owns 804 miles of track. Leased dends $807,311; from ooupons, $2 -),350; interest, &c; $73,597; total,
(2) SOMERVILLE HORSE
to West End Street Railway for $9,180 yearly, 6 p. c. on $153,000 $904,758
expenses, $18,900; interest, &c, $44,024; dividends on
stock. Dividends are payable (M&N) in Boston.
preferred stock, $480,000; surplus, $361,834.
For year ending Sept. 30, 1 900, combined operations of all the companies controlled yielded, gross, $5,518,837; expenses, $3,659,337;
trolley road.
net, $1,859,500; charges, $994,294; remainder, $865,206; paid in divThis company, together with the Wellesley & Eoston, the Newton
idends $645,545; surplus, $219,661, of which $182,229 appropriated,
Street Railway, the Newton & Boston and the Commonweal h Avenue
for renewals, depreciation, &c, leaving $37,432.
are to be united in much the same way as the Massachusetts Electric
Plant.— Including the South Shore & Boston, the street railways
Companies. Details not yet perfected.
controlled have 819560 miles of traok, and own and operate 1,805
ORGANIZATION— Incorporated in June, 1899. Operation begun In
cars, of which 748 are closed and 1,057 open cars; power stations, 18,
May, 1900.
with a capacity of 28,423 horse-power.
Date.
Interest.
Outstanding.
Maturity
„ Stock & Bonds—
Dividends— First div. on pref. stock, 2p.o.,waspaidDec.l, l899,also
Stock, $450,000 ($100).
$450,000
1st mtge.,
$500,000? 1900
4^g.A-0.
350,000 Apr. 1.1920 2 p. c. June 1, 1900. Div. period then changed to J&J and 2^ p. c.
gold ($1,000)
c*< Inte.-est at Beacon Trust Co., Boston, Trustee
paid Jan., 1901; July, 1901, 2 p. 0.
ionds are subject to call before April 1, 1905. at 110, then until
OFFICERS.— President, Gordon Abbott; Vice-President, Charles E.
April 1. 1910, at 107>«, and thereafter at 105 Of the $500,000 authorCotting; Secretary, Everett W. Burdette; Treasurer, J. H. Goodized, $150,000 are reserved for extensions, etc.
Road- Owns and operates 23 miles of track, extending from Arling- speed, Gen. Manager, P. F. Sullivan. Executive Committee: Messrs.
ton Heights (the terminus of Boston Elevated system) through Lex- Gordon Abbott, Charles Franois Adams, 2d, E. N. Foss, Percy Parington and Becfori to Billerica, with branches to Waltham and to ker and Philip L. Saltonstall. OflBce, 14 Kilby St., Boston.— V. 70, p.
76, 480, 996, 1291; V. 71, p 181, 234, 236, 863, 964, 1( 12, 10P4, 1 0T2.
Concord; laid with 90 Hi lb. girder rail and 60 to 70 lb. T rail; operates
107 3, 1120, 1270. 1311; V. 72, p. 45, 137, 241, 283, 675, 936; V. 73
12 motors, 10 box and 17 open cars; total, 109 cars.
p. 184, 391, 553, 900, 1011.
Earnings— From April 19 to Sept. 30, 1900, gross, $59,740 net
Companies Controlled by Massachusetts Electric Companies.
,
&
-,
.
M
.
RR—
;
LEXINGTON & BOSTON STREET
RY.-A
,
'
;
$24,203.
OFFICERS -President, A. Pierce; Treasurer, Charles W. Smith Corporation Counsel and Clerk, George W. Morse. Office, ^8 State Street,
Boston. -V. 70, p. 1049, 1095; V. 71, p. 1167; V. 73, p. 82.
:
MASSACHUSETTS
NIES.— (See Maps
ELECTRIC
Pages 14 and
15.)
COMPA-
Electric light
and
street
railways.
Organization— Formed in May, 1899. Is not an incorporated
company, but a voluntary association managed by a board of fifteen
(1) BEVERLY & DANVERS STREET RAILWAY.— Electric.
Consolidated with Lynn & Boston April 10, 1901. Stock, $36,000;
miles of track, 4*36.
(2 )
OLD COLONY STREET RAILWAY— A trolley road.
Organization—This was formerly known
as the Brockton Street
Railway, but on February 15, 1901, name was changed as above.
The Brockton Street Railway was a consolidation of the
Brockton Street Railway, East Side, Brockton & Holbrook and Whit
,
STREET RAILWAYS.
14
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MAP OF THE LINES
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MASSACHUSETTS ELECTRIC
COMPANIES
DIGHTON I J BERKLEY
\
.
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MAP OF THE LINES
OF THE
MASSACHUSETTS ELECTRIC
COMPANIES
«»
SOUTH SECTION
—
:
STREET RAILWAYS.
16
man
street companies. Acquired In 1899 by Massachusetts Electric
Companies, and in 1900 was consolidated with the Boston Milton &
Brockton, the Brockton Bridgewater A Taunton, the Brockton <fe
Bridgewater and the T .union & Brockton. Subsequently was
it
also consolidated with the Quinoy vv Bostou (capital, $767,400) and
the New Bedford Middleborouffh A Brockton (capital. $350,000), the
basis of exchange being share for share; in Nov., 1900. was also given
authority to issue $363,600 additional stock for Boating debt, <fcc
In Not., 1900, Miss. RR Commissioners approved proposition to
purchase the South Shore A Boston and the West Roxbuiy A Koslindale, and to issae $1,665,000 additional Broekton stook for that purpose. The South Shore & Boston comprised the Braintree A Weymouth Street Hallway, the Bridgewater Whitman A Rockland, the
fflngham str-et Kailwaytthe latter being a consolidation of the llingham, the Hull and the Nautasket Electric), the Hanover Street Railway and the Rockland * Ablngton Street Railway. The West Roxbury & Roslindale S:. Ky. had previously absorbed the Norfolk Suburban, the Norfolk Central and the Needhain A Boston.
In Jui 1901, also received authority to acquire the Globe St. Ry.
(after the Globe St. Ry. had first absorbed the Dishton Somerset &
Swansea St Ry., the Taunton St Ry. and the Providence & Tauuton)
by Issuing stock, share for share, for the $1,4-10.000 Globe stook
This makes total authorized stock of Old Colony (Old Brockton) St.
,
Ry. 95.781.0u0.
Stock
&
BONDS—
Stock ipar $1 00). $5.781. COO
Brockton St. Rv. bonds. 1 ^
Bonds
Bonds
Date. Interest. Outstand'g. Maturity.
6 Q - J$5,777,700 Sep.,'01,6%
1885 4»sA-0
9,000 Apr.l, 1905
1886 4»a A - O
25,000 Apr. 1,1906
{
\B
Sal
\
1890 4>fl A O
1892 5g.J-J
1894 5 g.A - O
33,000 Apr.1,1910
Bonds, cold
16,000 Jan. 1,1912
>a-H<
® »
667,000 Oct. 1,1924
(
Rro,-kt :<ironsnl l«?t Ev
S
i
at m.
m 4?3n
nnn »
\~i £
i Subject to call at 105 and interest.
*/»u,ouug....
1st
j<j
i int. at State St. Safe Deposit &Tr. Co.
^
Boston Milton A Brockton.. )
100.000 July 1,1919
1899 5 J-J
1st ints. bonds, $100,000.. $ Int. at Iuter'l Tr. Co., Boston, Trustee.
Brock. Bridgewater & Taun. >
1897 5 g. F-A 200,000 Aug.1,1917
lstM.ir,$20O.O0O($1.00O)c* S Int at Am. L A T. Co.. Boston, Trustee.
30,0(>0 Feb. 1,1918
Brock,
E Bridgewater.... ) 189S 5 g. F-A
1st M. g.. $30,000
ilnt. at Am. L & T. Co., Boston, Trustee.
Tauuton A: Brockton
)
1897 5 F-A
100,000 Aug 1,1917
1st mortgage $10o,0t
s Int. at State St. Tr. Co., Boston, Trustee
N. BedfrdM dleb'ro& Brock. )
1900 5 g. J-J 325,000 Jan.l, 1920
1st M. $325,000 ($1,000) g. \ Int. at Am. L. A Tr. Co., Bost., Trustee.
Braintree mtge
1894
6J-J
35,000 July 25, '14
I
-
I
016,000, and fixed prioe at 130. See V. 71, p. 964; V 73, p. 184. Total
stook was thus made $3, ^87.000. In April, 1901, reoeived authority to
issue $36,000 additional stock to acquire the Beverly & Danvers. In
May, 1901, received authority to issue $2,800,000 additional stook to
take in the Lowell Lawrence A Haverhill ($2,700,000 stock) and the
North Woburn ($100,000 stock). The Lowell Lawrence A Haverhill
had in Nov., 1900, been consolidated with the Lowell & Suburban, and
the latter had previously received authority to lease the Nashua St. Ry.
Date.
Interest.
Outstand'g
Last Div.dte
Stock
BONDS—
Stock (par $100)
8 A.-O.
;....
$6,123,000 Sept., 1901, 3%
Nautnkeag St. Ry. 1st
5 J.-D.
215,000 June 1, 1906
Consol.M. ($1,000)... .1890
5 J. -J.
711,000 July 1, 1910
Trustee, Manhattan Trust Co., New York.
LynnBeltlst
5 M.-N.
100,000
May 1,1910
Trustee, American Loan A Trust Co., Boston.
Essex Electrlo 1st
6 J. -J.
10.0,000
Jan. 1,1911
Trustee, Old Colony Trust Co., Boston.
Lynn & Boston 1st m., ) 1894 5 g.J. D.
3,723,000
Dec. 1, 1924
$5,218,000, $l,000.c* $ Int. at Old Colony Trust Co., trustee, Boston.
Coup, notes, $405,000 1897 6 A.-O.
405,000 April 1, 1917.
Plain Bonds secured by
Lynn & Bos. mort. of 1894—
Lynn & Boston.
5 A.-O.
$100,000 Apr. 1,1907
do
do
5M.-S.
186,000
Mch. 1, 1912
Naumkeag
5 A.-O.
49,000
Apr. 1,1907
&
,
GLOBB STREET RAILWAY SECURITIES.
Date.
Outstand'g.
Interest.
Maturity.
1892
April 1, 1912
750,000
5s A ~°
1st M $750 000 g
cold
«*' I Redeemable at 105 and int. after April 1, 1902.
«i
nn«TiaY.i.
$i,uuu eacn
c ^
Int is payaDle by tru8-( Mas8- L & t. Co., Bost.
Debentures, g. ($1,000). o 1392
5g. J-J
550,000
July 1, 1912
Debentures.g. ($1,000). c 1894
125,000
Mar. 1, 1910
5g. M-S
e
125 000
1896
5 * J "D
Dec l 1915
^wanVds $f25 00* I Iat
at Internafl Trust Co., Boston, trustee.
5 *t tp?i' irv? «fV»; \
Sinkin « f und la * 3 000 a ^ ear
f "une l\l901 ($1 000) J
Interest on the Globe Street debentures is payable in New York at N.
>
-
'
G
-
'
Y. Security
A
5 J-J
5 M-S
1894
1894
350,000
Jan. 1, 1914
Do Debentures.
Mar. 1,1914
200,000
Interest on Taunton Street Ry. bonds payable at American Loan &
Trust Co., mortgage trustee, Boston.
1
150.000
Sept. 1, 1918
SS-. M -S
^Rv 'ft?? .«°000) '1J 1898
American Loan & Trust Co., Boston, Trustee.
aiithor-d$200,000.'
SOUTH SHORE
BOSTON
<fe
8T.
Date.
1699
RAILWAY. SECURITIES.
Interest.
5
F" A
^lilfuoSoS^:??!!]]
Interest at American Loan & Trust Co.
Braintree & Weymouth 1st
1897 5 g. M-8.
"
Outstand'g.
Maturity.
$335,000 Aug. 1,1919
(trustee) Boston.
80,000 Mar. 1, 1917
5Int at International Tr., Boston, trustee.
M. gold, $80,000
Wliit.
M-N.
Bridgewater
A Rock. ) 1897 5 g.
85,000 Nov. 1,1917
1st mort., gold, $1,000 c* $ Int. at American Loan it Trust, Boston
Rockland & Ablngton first ) 1895 6 g. M-N.
100,000 May 1, 1915
mort., $100,000 gold....c* J Int. at Old Colony Tr. Co., Boston, trustee.
WEST ROXBURY A R08LINDALE ST. RAILWAY BONDS.
)
Date.
Interest.
Outstanding. Maturity.
M-S
1st M. $150,000, gold.s. f. > 1896
5 g.
$150,000 Sept.l, 1916
($500) red. at 103 after > Interest at International Trust Co., BosSept. 1, 1901
ton.
Trustee.
c*)
Norfolk Central 1st mtg. , 1
gold. $100,000. Int. at
$60,000
1898
5 g. J.-J.
July, 1918
International TrustCo.,
Subject to call after July 1, 1903.)
Boston, trustee
J
July, 1914
Norfolk Suburban, 1st) 1894
5
J.-J.
$71,000
mortgage
Slnt. at Internafl. Tr. Co., Boston, trustee.
Road Consolidated system operates 377 miles of track, comprising
the lines of the Mass. Electric Companies south of Boston.
Dicidends.— Rate 1892 to 1896 inclusive was 6 p.c; in 1897, 6 p.c; in
1898, 6'p. c: in 1899, 8 p. c; in 1900, 8>4 P- c.; in 1901, 6 p. o.
I
[
—
RY—
Electric.
(3) GLOUCESTER & ROCKPORT STREET
reet Ry., which in 19
was absorbed by
Leased to Glonet
Lynn A Boiton (now the Boston & Northern). Stock, $30,000. Loans,
$10,000. Rental, 6 p c. on stock and interest on bonds
NASHUA STREET RAILWAY.-Trolley.
Organization— Incorporated Aug. 14, 1885. On July 1, 1900, was
leased to the Lowell a Suburban for 99 years, and lease now runs to
Lynn A Boston (now Boston A Northern) through consolidation.
Rental -Dividtmrts are payable Jan. and July at the rate of 4 p. c. in
(4)
for the remaining 97 years of lease.
Interest. Outstanding.
Maturity.
$300,000
2, July, 1901
Stock. *:j25,000,(par$100)
1.^0,000
Bonds
Loans and bills payable June 30, 1900, $63,252.
Road— Operates 155 miles of track.
p. c. In 1902 and
Stock, Bonds Etc-
1901, 5
0'
p. c.
dross.
1800-00
4-99
$61,512
62.384
60,260
61,104
Net.
',480
Int.
10,741
15,873
17,180
BOSTON A NORTHERN STREET
A
dk
taxes.
$12,946
11,740
11,256
10,675
Sur/du*.
$6,534
8,001
4,617
6,505
RY— An electric road.
Boston RR., but on July
The Lynn A Boston
present title.
RR. was Incorporated 'under laws of Massachusetts April 6, 1859,
and was formerly controlled through ownership of stock by the
North Shore Traction Co., which in 1899 was dissolved. Now con1000 absorbed the
trolled by Massachusetts Electric Companies. I
Gloucester M. Ry. and the Wakefield <fe Htoneham St. Ry. and increased stock from 11,266.000 to $2,271,000. in June, 1900, petl
tioned Mass. BR. f.v mrni-Fioners for a further increase of $1,500, or)0
but In Not., 1910, Con misMoners gave permission to issue only$l-,
Organization— This was the
23, 1901,
name changed
to
I.ynn
at
-
.... :.o*
5 & J -D
Amer L &
-
-
125,000
T>
Deo.
1,
1916
Co " Bo8ton Trustee.
'
5
I
The last issue is redeemable at 105 after March 1, 1900. Interest
American Loan & Trust trustee, Boston.
The Mystic Valley St. Ry. has out $60,000 gold 5s, due Jan. 1, 1919.
The Rockford Street Ry. has outstanding $12,500 6 per cent coupon
netes, interest payable April and October, due Oct. 15, 1916.
LOWELL LAWRENCE & HAVERHILL.
Date. Interest.
Outstand'g.
Maturity.
STOCK & BONDS
Stock ($100), com
Has been exchanged for LynnA Boston.
do
$400,000(5
20,000
p.c. pd.)
Merrimack Valley Street 5 1891 5g. A-O
350,000 Apr. 1, 1911
Railway 1st mort. gold. ( Interest at Inter. Tr. Co., trustee, Boston.
Lowell Law. A Haverhill ( 1893 5g.J-D
$1,008,000 June 1,1923
consol. M., $1,900,000, < Suhj. to call for the sink. fund, at 105 A int
gold, $1,000
T. Co., trustee, Boston.
C Interest at Am. L.
C
gage'hS!'assumed
.
&
$
Interest at 8tate 8treet TrU9t Co - Bo8 t° n
Low. Law. & Hav. Oonsols
ley bonds when due.
L
e
°lIt
&
M
1891. lolcLc*
of
1891
}
-
1893 are reserved for Merrimack Val5
« J-D
$1,000,000
Dec.
1,
1911
Boston by the American Loan & Trust Co., trustee.
Bonds— Of the $5,379,000 first mortgage bonds of the Lynn & Boston RR., the unissued balance is to be used to take up other bonds.
The Merrimack St. Ry. 1st mtge. bonds are redeemable at option at
any time after 10 years from their date.
Dividends— From 1880 to Oct., 1899, inclusive, 8 per cent yearly;
in 1900, 7 per cent; in 1901, June 15, 3 'per cent; Sept., 3 p. c.
Road— Comprises the lines of the Mass. Electric Companies north of
Boston, including Lowell Lawrence & Haverhill system (together
with the Nashua Street Ry. leased to same), North Woburn and Beverly & Danvers St Ry., embracing about 427 miles of track.
Interest in
Annual Report— The following are the results be/ore consolidation
with the Lowell Lawrenoe & Haverhill.
Tr. to Sep. 30— 1900
1899.
Gr. earn'gs. $1,945, 41 4 $1,570,177
1900.
Dividends
840,416
711,395 Bal.,sur. for yr.
605,045
651,022
V. 65, p. 925, 1021, 1171; V. 67, p. 1260; V. 68,
V. 70, p. 1049, 1149; V. 71, p. 964; V. 73, p. 184.
Int..tax.,&
1899.
$68,130 $101,280
118,264
5,070
Netearn'gs.
.
—
p. 40,
619, 673;
OFFICERS -President, Patrick F. Sullivan, Lowell; Vice-President
and General Manager, E. C. Foster, Lynn.
(a) BOSTON & CHELSEA RR.— Owns 4-1 miles of track. Leased to
Lynn & Boston Street Ry. Co. at $7,260 per annum, equal to 6 per cent
on $121,000 stock, payable A&O.
(b)
BOSTON & REVERE ELECTRIC
ST.
RY.—
Organization— Incorporated June 24, 1889. Leased from July 1,
1895, for 99 years to Lynn & Boston, which guarantees interest on
the $50,000 bonds (of which $13,500 had been retired by the Lynn &
Boston up to Sept. 30, 1900) and dividends on $50,000 stock from July
1, 1898, at 5 p. c. per annum.
Interest.
Date.
Outstand'g. Lastdiv.,ete.
Stock & Bonds—
Slock (par $100)
1st mort. drawn at 104.
Int.(notpr.)gu.byL.&B.
.
<
1890
5
5
J-J
F-A
$50,000
36,500
Interest at American
ROAD— Single track, 3 84 miles.
<
Feb.
1,
1910
Loan & Trust, Boston.
-
(C)
EAST MIDDLESEX STREET RY.—
Organization— Owns 16-5 miles
Date.
Earnings— Years ending June 30
.
Loan &
24,000
Sept. 1, 1910
10,000
July 1,1911
60,000
Apr. 1,1907
Trust Coi, Boston.
at
'
Trust Co.
Taunton St. Ry.lstM.
„
Wakefield & Stoneham
1st M. $150,000, g.,c.
-
-
X
Kds°8125 O0brtjT^ 1896
Int
000), sold
.
'
6 J.-J.
5 A.-O.
Glou'ster St. Ry. 1 st mort. 1887
Interest is payable at American
\
.v.
6M.-S.
do
do
'
(5)
)
of track; sidings, switches, etc.,
18 3 miles. Leased May 1, 1893, to Lynn & Boston for
99 years at a rental till May 1, 1896, of $18,000 yearly in addition to
fixed charges; then till May 1, 1901, $24,000 yearly and for remainder of lease, $30,000 yearly. Eight per cent dividends have been paid,
but on May 1, 1901, were increased to 10 percent. Authority has
been asked to issue plain bonds to take up issue maturing on Jan. 1,
1902.
Maturity.
Dale. Interest. Outslana'g.
STOCK & Bonds $297,700
Stock ($100) $300,000
8
1898
5 M-S
120,000 Sept. 1, 1918
Plain bonds, Int. gu. (end.).
1892
5 J-J
100,000 Jan. 1, 1902
Plain oonds, int. gu. (end.).
Interest at Nat. Hide & Leather Bank., Boston.
The lessee in the lease agreed to stamp the bonds with a guaranty of
the prompt payment of int.— principal is not guaranteed. V. 67, p. 482.
1*8;
total,
;
WINNISIMMET (STREET) RR.—
Organization—Owns 20 miles of track. Leased to the Lynn dc
Boston for 999 years from 1880, at $3,000 per annum. Capital stook
(<1)
is
$50,000, par $50.
Dividends in 1894 to 1901, 6
p. c.
CONNECTION WITH LINE TO WATERBURY
STKEET EAILAYS.
17
)
:
:
STREET RAILWAYS.
18
(6)
NEWPORT A FALL RIVER STREET RY.—
New
Has been consolidated with Newport Street Railway and Newport
embraces about 80 miles of track. Was leased on July
1, 1901, for 99 years, to the Old Colony Street Ry. for a rental of 6 per
cent per annum and interest on bonds.
ilaturiti/.
Interest.
Outstanding.
STOCKt BONOS. ETC.— Date.
See text.
Stock
$557,000
Newport* Fall RiverS 1898
--40.000 Aug. 1,1918
5 F-A
bouds
\ American Loan & Trust, Boston, trustee.
5 J-D
50,000 Deo. 1,1910
Newport St. Ry. 1st M. > 1890
Illmiiuuiin: Co.;
$50,000 ($500).
New.
c.
\
6*.
5g.
l.M.c
p. c. Jan. 2, 1899; 3 p. o.
Nov., 1900; 6 p. o. June, 1901.
DIVIDEND— 3
p. e.
Securities— $50,000 1st mortgage 5 p. o. 20-year bonds; 1st
o. stook, $125,000
2d preferred 5 p. c. stock, $75,000
preferred 5 p.
July
190.000
63,500
stook, $150,000, all issued. In June, 1899, the Co. issued
$25,000 20-year 2d mtg. 5s (M&N) to retire floating debt and for
double traoking. Continental Trust Co. is trustee.
Earnings— For year ending Deo. 31, 1900, passenger earnings of
railway, $9,705; other income, $1,256; total income. *10,951; expenses,
$22,996. President, Geo. H. Cook, 50 Broadway, New York; Treas.,'
R. D. A. Parrott.— V. 64, p. 373.
1,
1912
Oct. 1,1925
July, 1899; 2 p. o. Nov.»
WEST END STREET RY.— See Boston Elevated RR.
BOWLING GREEN, KY.
Population 1900 was 8,226; in 1890 was 7,803;
and in 1880 was 5,114.
BOWLING GREEN RAILWAY.-A trolley road. of
In July, 1898, as a reorganization
the Park City Ry., purchased at foreclosure Feb. 28, 1898, by the
Fidelity Trust A Safety V., trustee. V. 66, p. 472. Completed as an
electric road Sept. 1, 1895, to do both freight and passenger business
connecting river and olty.
Date. Interest. Outstanding. Maturity.
STOCK. BONDS Etc—
Stock, par
$40,000
New mortgage
1898
20,000
Road, ETC.—Owns 5 miles of track, including sidings.
Officers— President, J. H. Wilkerson; See. and Treis.,
V. 66. p. 472.
BRISTOL, CONN.
Population 1900 was 9.643; in 1890 was 7,382;
and in 1880 was 5,347.
BRISTOL & PLAINVILLE TRAMWAY CO.—
A trolley road.
Also furnishes electrio lights.
Sept. 21, 1893. Stock authorized $1,000,000; Issued, $100,000 (par $100). First mortgage 5s authorized,
$200,000 (M.&N.), due Nov. 1, 1925; interest M.&N.; outstanding,
$135,000; bills payable June 30, 1901, $5,000. Length of railway
Organization— Organized
Organization— Incorporated
1915
measured as single track, 7*9 miles.
Earnings— For years ending June 30, including
Year—
Oross.
Fitch.—
CO-
(See
controlled by the United Gas Improvement Company of Philadelphia. Originally chartered in Conn. Mar. 2, 1895, as
the Gas Supply Co. Charter amended and name changed March 2,
1899, to Connecticut Lighting & Power Co., for the purpose of uniting
various street railway and light and power properties in Connecticut.
Name changed as at present on January 10, 1901. V. 71, p. 1269; V.
72, p 44. It is a consolidation of the following companies, whose franchises are said to be perpetual
Norwalk & So. Norwalk El. Light Co.
Bridgeport Traction Co.
Nnrwalk Street Railway Co.
Central Ry. St H lee. Co. of New Britain.
Norwalk Tramway Co.
Derby Street Railway Co.
Shelton Street Railway Co.
(ireenwlch Gas A Electric Light'g Co.
Snuihington 4 Plantsville Tramway.
Milford S reet Railway Co.
Waterbury Traction Co.
Naug«tuck Electric Light Co.
Norwalk Gas lght Co.
WesU.ort & Saugatuck Street Ry. Co_
conIt also controls the lease of the Waterbury Gas Light Co. and
trols the Housatonic Power Co. In July, 1901, purchased charter of
the projected Cheshire Street Railway.
Date. Interest. Outstand'g.
Maturity.
Stock
BONDS.—
Common stock ($100)
$11,000,000
cum. after Jan. 1,
Pref.,
4,000,000
1904, $1,000,000 ($100).. S
lst&ref.$15,000,000,gold,) 1901 4>« g.. J-J 8,355,000 Jan. 1, 1951
Bonds cannot > Interest at Colonial Trust, New York.
$1,000
be called
) trustee.
1883 5 *V J "J
709,000 July 1, 1923
Rridrennrt
Traction
mort-(
P
Dep. Co. of Newark,
-.- \ Trustee,' Fidelity Tit.
£* ($1,000)
,1, £?n.
gage, gold
c
^ Int at Redmondi Kerr £ Co ( New Yo rk.
is
,
&
%
c
™™
electrio-light plant.
Div'ds.
Balance.
.
A-0
Railway Mort-) 1894
6
76,000
Redeemable after April
$
Ap.
2,
1914
1904.
5
210,000 Jan. 1, 1939
Connecticut Li'tlng& Power
Bond:— Redmond, Kerr <fe Co. and J. & W. Seligman & Co. offered
$8,355,000 of the new bonds for sale in May, 1901. V. 71, p. 1269.
$995,000 cf bonds are reserved to retire the prior bonds still out.
The remainder of the £15,000,000 may be Issued from time to time for
additional properties and new construction, improvements and betterments. Statement to N. Y. 8tock Exchange in V. 73, p. 852.
ROAD— The railways embraced comprise 161 miles of track reaching
Milford, Bridgeport, Stratford, Southport, Shelton, Derby, Ansonia,
2,
Westport, Saugatuck, Norwalk, South Norwalk, Darien and Stamford.
System connects with the Winchester Avenuel Railroad into New
Haven, and company also has a traffic contract with the Hartford
Street Railway for reaching Hartford.
Equipment— Sept. 1, 1901: Cars, 304; motors, 537; oar barns. 16;
also 4 complete electrio light plants, which supply 1,303 aro lights
and 56,022 incandescent lights; also owns gas plant at Norwalk and
operates gas plant at Waterbury. For complete description of property see statement to N. Y. Stock Exchange, V. 73, p. 852.
Earnings—The earnings of the consolidated companies for the 8
months ending Aug. 31, 1901, were: Gross, $1,033,115; net, $369,109;
interest charges, $284,323; balance, surplus, $84,786.
Officers— President, A. M. Young; 1st Vice-Pres., R. A. C. Smith;
2d Viee i'r«- Geo. E. Terry; Secretary and Treasurer, Lewis Lillie.
Main offlee, Bridgeport. Conn. -V. Hi), p. 1193; V. 70, p. 741, 1197; V.
71, p. I860; V. -'Z, p. 44, 136, 872, 935; V. 73, p. 82, 783, 842, 852.
,
BRIDGETON,
Poj-CI.atio.v
N.
J.
1900 was 13 913; I.v 1890 was 11,424;
1ID IN 1880 was 8,722.
BRIDGETON & MILLVILLE TRACTIONIn June, 18'J9, entire stock was purchased by American Rys. Co
Bee the latter under Philadelphia.
BRIGANTINE BEACH,
N.
J.
BRIGANTINE TRANSPORTATION COV
«3, p. 837, of BrigOroanizatiON— A reorganization per plan in
antlne Transit Co. sold In foreclosure Feb. 4, 1897. Runs steamers
from Inlet (Atlantic City) to Brigantlne, connecting with its electric
trolley road, extending along Brigantlne Beach, 7 miles of track.
N. Y.
Population 1900 was 1,166,882; in 1890 was 806,343;
AND IN 1880 was 566,653.
TRANSIT.-fSee adjoining
Map.)
Organization— Organized January 18, 1896, per plan in Chronicle, V. 60, p. 1145, to succeed to the property of the old Long Island
Traction Company, foreclosed syndicate headed by the late ex-Gov-
BROOKLYN RAPID
;
ernor Flower having then bought control. Is not a railroad corporation, but was organized under the Business Corporation law of New
York to hold the stocks and bonds of railroad companies and to aid in
the construction and equipment of railroads. Cars began running
over Brooklyn Bridge in February, 1898. V. 66, p. 383.
ASSETS— The following is a statement of the stocks, bonds and equities owned by the Brooklyn Rapid Transit Co. June 30, 1901
STOCK.
Brooklyn Heights RR. Co. (par)
Brooklyn Queens Co. & Suburban RR. Co. (par)..
stock Sea Beach Ry. Co.. (owned by Nassau Electric) par value
issue of toe common stock of the Nassau Electric RR. Co., par.
60,520 sbaresout of 05,oo shares of the 4% cumulative preferred stock
of Nassau Electric RR. Co., par
47,142.53 shares out of 50,ooo shares of the h% non-cumulative preferred stock of the Brooklyn Union Elevated RR. Co., par
Entire
Entire
Kntire
Entire
capital stock
capital stock
-,
122,999 <2 shares out of
i3 ,i>00
shares of the
common
$200,000
2,000,000
660,100
8,500,000
6,052,000
4,714,253
stock of the
Brooklyn Union Elevated RR. Co.. par
12.299,978
Entire capital stock of Coney Island & Gravesend Ry. Co. outstanding, (owned by Nassau Electric! par
84.500
1,462 28 shares Brooklyn Rapid Transit Co., par
146,228
$34,597,853
&
St.
taxes.
$23,135
$9,329
$6,000
$7,806
20,361
9,231
6,000
5,130
Officers— President, C. 8. Treadway; Vice-Prest., N. E. Pierce;
Treasurer,
L. Tiffany; Secretary, A. J. Muzzy; Gen. Man., G. E.
Cookings, all of Bristol, Conn.
1900
BROOKLYN,
17.)
This property
gage
<£
.
CONNECTICUT RY. & LIGHTING
Derby
Int.
$69,086
65,062
1901.
BRIDGEPORT, CONN.
•
Net.
M
T. S.
Population 1900 was 70.996; in 1890 was 48.866;
AND in 1880 was 29,148.
Map, page
;
common
Interest at the Indust. Trust Co., Provi., R.I.
Co. 1st M., g
ill.
1S99: 5
;
BONDS.
bonds Brooklyn Queens Co. & Sub. RR. (par)
$2,000,000
con. mort. B'klyn Queens Co.* Sub. (owned by B'klyn Heights Co.)
60,000
* First mortgage 5 per cent bon ds Brooklyn City RR.
par)
1,627.100
RR.
(in
4
p.c.
bonds
Nassau
Elect.
Nassau
Elec.
Treasury)
29.000
oons.
First
80.000
Gold 5 p. c. bonds Brooklyn Rapid Transit
•
First mort. 6 p. c.
1st
(
$8,736,000
EQUITIES FOB CONSTRUCTION EXPBNDITURES ON LEASED LINES
JUNE 30, 1901.
Brooklyn City RR. Co
Nassau Electric RR. Co
Prospect Pari & Coney Island
$6,181,686
RR
1.11K276
149,904
$6,449,815
Grand
$44,7^3,868
total
Composing guaranty fund
for performance of Brooklyn City Railrbad
Com-
pany's lease.
The Brooklyn Uity RR. Oo. is held under a 999-year lease, dated Feb.
14, 1893, guaranteeing all fixed charges, organization expenses, taxes
and 10 per cent dividend on $12,000,000 of stock. The lease is nomi1
nally to the Brooklyn Heights RR. Co. but practically to the Brooklyn
Rapid Transit Co., since that company owns the entire capital stook of
the Brooklyn Heights Company and guarantees payment of dividends
to lessor. In 1898 the Heights Company leased the Brooklyn Queens
County & Suburban RR. The lease was renewed year by year, rental
being fixed charges, taxes and organization expenses. On July 1,
the B. Q. C. A 8. began operating separately again. On April 1»
1899, the Heights Company temporarily leased the Brooklyn Union
Elevated RR. Co.— see terms under the latter— and also on the same
date the Nassau Electric RR. Later, permanent leases were made.
See terms under Nassau Electric.
The Brooklyn Rapid Transit Company in April, 1899. also acquired,
through one of its constituent companies, all the franchises and properties of the former Brooklyn & Brighton Beach RR. Co., and has converted it into an electric road. The company also then leased for the
period of 999 years the Prospect Park <fc Coney Island RR. (see terms
under the latter), the New York & Coney Island RR. and the Prospect
Park & South Brooklyn RR. In November, 1899, acquired all the
stock of the Kings County Elevated Railroad, which has since been
consolidated with the Brooklyn Union Elevated.
In April, 1900, the Brooklyn Heights Company began suit against
the Brooklyn City RR. to recover about $2,000,000 for failure to fulfill
obligations claimed to be imposed by the terms of the lease between
the two companies.
MAP OF THE
BROOKLYN RAPID TRANSIT CO.
SYSTEM
y.
%
i
feiMiIiHlffl"lffliilfirg"v-
Q
'
R
"
K
&L
))
1
:
STKEET RAILWAYS.
SECURITIES JUNE 30, 1901.
Maturity Ann. charge.
Outstanding. Interest.
STOCK
8tk.,$45,000,000($100)$45,000,000
Brooklyn City RK.
$300,000
6,000,000 5 J-J {July 1, 1941
1st oonsol. M., 1891.
10,000
200,000 5 J-J July 1, 1908
B'klyn Crosst. 1st M.
12,000
200,000 6 J-D Junel, 1907
Cal. Ceui. &G.lst M.
July
413F-A
1,1941
9,000
200,000
New W. <k Fl. 1st M.
May
1910
6
M-N
1,
7,500
125,000
G. & Lorimer let M.
10,000
200,000 5 A-O Aug. 1, 1906
Gr. SI A Now. IstM.
348,500
6.970,000 5gA-Q Oct. 1, 1945
B'klyn R.T.,g.,uiort.,£
Central Trust Co., New York, trustee.
1895. $7,000.000.. J
12,500
250,000 5 A-O Apr. 1, 1941
B'klvn H. RR. 1st M..
175,000
3,500,000 5g J-J * J nly 1, 1941
B. Q Co. & Sub. 1st M.
First oonsol. uiort. )
144,200
2,884,000 5g M-N "July 1, 1941
cuar. p.&i.(cnd.) £
12,000
240,000 5g J-J Jan. 1, 1930
Jam. & B. RR. IstM.
26,000
650,000 4g M-S Sep. 1, 1916
SeaB'u Rv. 1st M.. gu.
640,000
Brooklyn Un. Eleva- ( 16,000,000 §4)? F-A Feb. 1, 1950
Central Trust Co., New York, Trustee.
RE. Co. 1st M.. {
King Co. El., 1st M. )
280,000
7,000,000 4g.F-A Aug. 1, 1949
$t;000,000, gold, >
Central Trust Co., New York, trustee.
&
BONDS—
19
30, 1901.— Surface LiNEs-Closed oars, 1,149;
cars, 1,333; mail, freight, snow plows, sweopers, &o , 186— total,
Equipment June
open
2,668. Elevated Lines— Closed cars (motor), 98; closed oars (other
than motor), 486; open oars (other than motor), 69 freight and coal
oars, 26— total, 679. Grand total oars, 3,347. Locomotives, 128.
The company on May 29, 1900, increased the fare to Coney Island to
10 cents on the Sea Beach and Culver lines, the extra fare being collected at 22d Ave. In July, 1900, the Appellate Division ot the Supreme Court sustained the right to collect the extra fare. See V. 71,
p. 181. Only one fare is charged from 39th Street Ferry or Hamilton Ferry to the Island.
REPORT—The annual report for 1901 will be found in V. 73, p. 781
and 854. The method of operation is to have all the railroad companies leased to the Brooklyn Heights Railroad Company, which is the
operating oompany, and the income of the Brooklyn Rapid Transit
Company consists of the surplus profits of the Brooklyn Heights Company, and such moneys as it may receive from the stocks and bonds
c.)
($1,000)
held by it. The table below gives the statement of the Brooklyn
Nassau Electric RR
419,040 Rapid Transit and constituent companies. Tho operations of the
10,476,000 4gJ-J Jan. 1, 1951
utge
Co. consol. rutge
Guaranty Trust Co., New York, Trustee.
Kings County Elevated are not included for the first quarter of the
bonds ($1,000) c\tr
Bonds guar, by end. by Br'klyn Heights RR.
$15,000,000
fiscal years 1899-1900 and 1898-1899.
Apr. 1, 1944
33,000
660,000 5 A-O
1st nitge. bonds
36,500 INCOME ACCOUNT BROOKLYN RAPID TRANSIT AND CONSTITUENT COM730,000 5 A-O Oct. 1, 1909
At.Ave.lst mtiie
PANIES—YEAR ENDING JUNE 30.
•'
112,050
" Geu.M.g.'91. 2,241,000 5gA-0 Apr. 1, 1931
Receipts1901.
1900.
1899.
At. Ave. Imp. $1,11,000 Passengers
220,000 5g J-J Jan. 1, 1934
$11,718,942
$11,206,716
$10,793,984
500 OOO.solcl, '93. S
Freight, mail and express.
58,394
61,305
36,791
tB. B. &W. E.lstM.
12,500 Advertising
250,000 5 J&J Jan. 1, 1907
122,501
108,783
109,487
Ser. A.red.Jan '97$
Rents
167,82
167,253
140,811
tB.B. &W. E. IstM.
12,500 Other miscellaneous inc.
250,000 5 A&O Jan. 1, 1917
67,901
224,493
234,960
Ser.B,red.Jan.'97 <
tB.B. & W. E.2dM. )
2,600
52,000 5 J&D Jun. 1, 1911
Total
$12,135,559
$11,768,550
$11,316,033
red. July, 1896. J
Expenses—
6.050
121,000 5g A&O Oct. 1, 1933
B.B.&W.E. Genl. g.
Maintenance of way
$378,800
$415,729
$374,947
Maintenance of equipm't.
891,986
882,183
983,216
Total interest charges (on above $59,419,000 of funded
1,019,886
964,665
918,749
$2,631,940 Opera' ion of power plant.
debt)
Operation of cars
3,309,182
3,551,476
3,593,367
Rental payments in addition to payment of fixed charges—
General expenses
458,761
379.0J8
1,321,012
B'klyn City RR. stock, $12,000,000 10% Q-J 15, 999 years. $1,200,000 Damages and legal exp'es
1,157,593
913,292
150.000 Taxes
B'klyn UDion El. RR. Co. lental in addition to fixed chgs.
754,626
*736,721
636,635
260,000
Nassau Elect. HR Co., $6,500,000. 4 p. c. pf cum., 999 jrs.
40,000
Prospect Park & C'mey Island RR., yearly rental
Total
$7,970634
$7,843,094
$7,857,926
20 000
Brooklyn Queens Co. & Suburban yearly rental
6,500 Net earnings
Sea Beaoh Railway Co. yearly rental
$4,164,925
$3,925,456
$3,458,107
Fixed charges (net)
3,587,122
3,398,684
3,659,988
$1,676,500
Total
Surplus or deficit.. .surp.$577,803 surp.$526,772
def.$201,881
$4,308,440
Total interest charges and rentals.
* Includes an allowance for franchise tax.
Less interest on bonds owned and proportion of rentals
Latest Earnings- For the Brooklyn Rapid Transit Company:
736.911
due B. R. T. Co. as owner of stock of lessor companies
;
'.
I
1
3 mos. end. Sept.
Net
fixed charges, entire system
June
30, 1901
$3,571,529
Subject to call July 1, 1916.
t Subject to call at any time,
Subject to call in 1916.
§ Five per cent after Feb. 1, 1905.
Stock— Stock authorized is $45,000,000; issued $45,000,000. The
stock was formerly held in a voting trust, but this terminated January
1, 1900, and control is now vested in the owners of the shares.
In the reorganization of Long Island Traction the old $30,000,000
stock paid an assessment of $10 per $100 share, the old stock being
reduced to $20,000,000, and $7,000,000 of 5 per cent bonds being
authorized, against $3,000,000 of Long island Traction.
The Rapid Transit stockholders voted Feb. 11, 1899, to increase
the stock from $20,000,000 to $45,000,000.— V. 68, p. 185, 329.
In April, 1899, stockholders were given the privilege of subscribing
for new stock to the extent of 7% of their holdings at par.
Bonds— Of the $7,000,000 50-year gold 5s of the Brooklyn Rap.Trans.,
$1,875,000 took up collateral trust notes. $3,000,000 went to stockholders for the assessment balance for future requirements of the
road. For description of property covered by the mortgage see V. 62,
p. 1138. See also application in V. 67, p. 904.
Brooklyn City RR. mortgage of 1891 is for $6,000,000 and is a first
lien on the old Brooklyn City road and a consol. lien on the lines
acquired by consolidation in 1890. Of the $6,000,000 issued, $4,373,000 are in the hands of the public and the balance is held in the
guaranty fund.
The total authorized issue of first consolidated mortgage gold 5s of
the Brooklyn Queens County
Suburban RR. is $4,500,000, of which
$1,616,000 are reserved for extensions, on which they will be a first
lien.
Of the $2, 84,000 outstanding, $2,255,000 in 1898 were endorsed with the guaranty of the Brooklyn Heights RR. Co. as to principal and interest, and in January, 1899, provision was made for
guaranteeing the remainder on the payment of ten dollars per bond
Both B. Q. C. & S. loans are subject to call in 1916.
The 8ea Beach Ry. 1st 4s also are guaranteed as to principal and interest by the Brooklyn Rapid Transit Co.— V. 65, p. 1219.
The Nassau Electric bonds are guaranteed (by endorsement on each
bond) by the Brooklyn Heights RR. Besides covering the mileage
directly owned they are a lien by a supplemental agreement upon the
stock of the Coney Island & Gravesend Ry. and the Sea Beach Ry.
and will become a direct lien on these lines as soon as they have been
formalh merged in the Nassau Electric. Of the total of $15,000,000
bonds authorized the unissued remainder is reserved for prior liens.
8ee listing application in V. 72, p. 342.
MILEAGE—The system includes
*
t
;
&
*>
1st
Name—
Track
Brooklyn Heights RR
-59
Brooklyn city RR
10390
Brooklyn Queens Co. & Sub. RR... 24*15
Nassau hlectric RR
6177
8ea Beach Railway
6-17
Coney Island & Gravesend Ry
316
Prospect Park & Coney Island RR.
9 76
Brooklyn Union Elevated RR—
2d
Sid-
Track. ings.dtc.
•59
086
98608
2290
3-479
61-44
6-88
1-57
•)9
Total
miles.
1-266
20^-987
47-244
13009
617
316
796
735
13-924
6-433
25 07
Elevated lines
28'70
Surface lines ..
8 30
N. Y. & Brooklyn Bridge BB""I1I
1-30
Trackage on C. I. & Brooklyn RR... 1-53
28-70
10-424
67-824
Total miles operated
Franchises unbuilt (about)
39-975
249 -38
830
1-30
•11
3-31
1-00
•84
34-406
19-91
3-60
2-37
523-718
175-00
30—
1901 (489 miles)
1900 (489 miles)
Gross, $3,433,600; net, $1,174,478
Gross, 3,226,458; net, 1,264,916
Officers— President, J. L. Greatsinger; Chairman of Board, A.N.
Brady; Vice-Presidents, Horace C. Du Val and T. 8. Williams; Secretary and Treasurer, C. D. Meneely; Gen. Manager, J. C. Brackenridge,
Clinton and Montague sts., Brooklyn.
Directors—J. L. Greatsinger, August Belmont, Horace C. DuValH. H. Porter, Timothy S. Williams, John G. Jenkins, E H. Harriman,
Anthony N. Brady, Henry Seibert, Walter G. Oakman, David H. Valen,
tine, A. R. Flower, R. Somers Hayes.
INDEX— V. 70, p. 75,125,175,229,328,329,429,531,840,944,1048,
1248,1290; V. 71, p. 28,83, 181. 338, 491,862,913, 1012, 1218, 1267
1268; V. 72, p. 183, 240, 337, 342, 437, 580, 626. 775, 987, 1034, 1186,
1278; V. 73, p. 31,82,390,494,553,722, 781, 854,899.
Companies Controlled by Brooklyn Rapid Transit Company.
(l)BROOKLYN UNION ELEVATED RR.— Formerly
a steam road
now electric.
Organization— Organized
in January, 1899, as successor of the
Brooklyn Elevated RR. and its allied lines per plan in V. 64, p.
609. All the old mortgages were foreclosed and the properties were on
Feb. 16, 1899, transferred to this company. On May 24, 1900, acquired
all the stock of the Kings County Elevated Railroad and was consolidated with it. The Kings County had previously absorbed the Sea
View RR. The Kings County El. RR. was a reorganization after sale
at foreclosure on July 6, 1899, of the Old Kings County Elevated Railway and the Fulton Elevated Railway. The foreclosure was in accordance with plan in V. 68, p. 724. The Brooklyn & Brighton Beach RR.
has also been merged in the Brooklyn Union Elevated.
Lease.— On April 1, 1899, road was leased to Brooklyn Heights RR.
Co. for one year for $100,000 and fixed charges, organization expenses
and taxes. Provisional leases were then maintained until July 1, 1901,
when a lease for 999 years wa3 made. The lessee agrees to pay organization expenses, taxes and fixed charges, and as rental all net earnings, such net earnings not to be less than $150,000 per annum the
first three years, $200,000 the next two years and $250,000 per annum thereafter. Lessee also agrees to guarantee, principal and interest, all bonds of the Brooklyn Union and Kings County Elev. RR. Co's,
the guaranty to be stamped upon the bonds upon presentation.
Stock and Bonds.
Date. Interest. Oulstand'g. Maturity, etc.
Com. stock, $13,000,000
$13,000,000
Pref Stock, 5% non-CUm., )
erumiKmin^oo
o
June29, >ni
'01,2
5,000,000
$5,000,000.
\
1st M., $16,o66,6o6 g.". 4% ? i qqq 5 4 to 5g. ) 16,000,000 Feb. 1, 1950
±8yy F. & A. Trustee, Cent. Trust.N. Y.
till '05, then 5% ($1,000) \
\
\
Kings County Elevated > , QQQ
Aug. 1,1949
4g.F&A
7.000,000
lstm., gold, $7,000,000
.
)
Trust Co., N. Y.,
Trustee.
($1,000)
*c! Interest at Central
Both issues of bonds are listed on N. Y. Stock Exchange.
On June 30, 1901, the Brooklyn Rapid Transit owned $12,299,972
common and $4,714,253 pref. stock of the Brooklyn Union Elev.
\
RR
Co.
Road—The Brooklyn Union embraces
67-82 miles of single track,
elevated road and 19-91 miles of single track surface lines. The New
York and Brooklyn Bridge has 3 -60 miles of track in addition.
On July 1, 1898, the operation of the Bridge railroad was commenced.
See terms of contract in V. 67, p. 27, 426. In April, 1898, an agreement was made with Long Island RR. providing for joint construction
of connecting line at East New York and running of through trains
:
:
STREET RAILWAYS.
20
from Jamaica
way
ferries.
to Brooklyn Bridge and from Rockaway Park to BroadConstruction b egraa In Nov.. 1S9S, and work completed
In Febrr.
V. 67. p.
I
Dividends —The
first
I
;
dividend of 2 p
o.
on the preferred stock was
paid June 99, 1901.
Annual REPORT— Earnings
are
now
Inoluded In Brooklyn Rapid
Transit.
Officers— President, J. L. Greatsinger; Vice-President, T. 8.
Williams; Secretary aud Treasurer, C. D. Meneely.— V. 70, p. 229; V.
71. p. 340; V 78, p. 1034, 1879; V. 73, p. 390, 899.
(3) B LBS
LTJ
Dividends— Iu 1893 4 per oent on $500,000 and 3 per cent on
$1,000,000; in 1894, 5 per cent; in 1895, 6 percent; in 1896, 5 per cent;
In 1897, 6 p. 0.; in 1898, 8*9 per cent; V. 67, p. 955
in 1899; 10 per
cent; in 1900, 10 per cent; in 1901, Feb., 2^ p. 0., and 2 p. 0. extra;
May, 2^ p. c; Aug., 2*9 p. c; Nov., 4 p. 0.
Earnings— For years ending June 30 (inoluding the B. C. & New*
town), the earnings were
Gross.
18 mo*.
Net.
Oth. inc.
Int .tares. etc. Bal.,sur.
1900-1.. .$1,45«. 196
$i:\071
$618,004
$270,504
$360,571
1899-0... 1,333,052
509,770
60,680
397,382
173,068
OFFICERS— President, John L. Ileins; Treasurer, Duncan B. Cannon;
Superintendent, D. W. Sullivan.
Office, DeKalb and Central Aves., Brooklyn.— V. 72, p. 183.
ELKCTRIC RAILROAD.— A
trolley road.
Organization—Chartered March 13, 1893, under the laws of New
Opened In July. 1895, and In April, 1S96, leased the Atlantic
RR.-Trolley.
&
Avenue RR.. etc Cars commenced runniug over the Brooklyn Bridge
This
is a consolidation, October, 1899, of the .Long
Organization—
above,
the
Rapid
Transit
V.
383.
As
stated
00.
Feb. 10, 1898—M6
p.
Company owns the whole $8,500,000 common stock of the Nassau Island Electric Ry., chartered on March 5, 1894, and the New York &
North Shore Railway. V. 69, p. 906. Controlled by parties identified
Electric aud $6,032,000 out of the $6,500,000 preferred stock.
Lease.— April 1, 1899, the Nassau was leased for one year to the with the New York & Queens County.
In October, 1899, the Appellate Division of the Supreme Court
Brooklyn Heights RR. aud Feb. 13, 1900, a lease for 999 years was
made from Apr. 1, 1900. Under the lease the Heights Company will upheld the right of the Long Island Eleotrio under the General Railpay all fixed charges, taxes aud organization expenses of the Nassau road law to run cars carrying express matter. V. 69, p. 744. This deCompany, and iu addition all net earnings from the property leased, cision was affirmed by the Court of Appeals in June, 1900. V. 70, p.
York.
NEW YORK
the latUr to be not less each year than 4 per cent on the $6,500,000
outstanding Nassau preferred stock.
The Nassau Electric Railroad owns the entire amount of stock
($650,000) of the 8ea Beach Railway; also entire stock ($35,400) of
The Nassau Electrlo underthe Coney Island & Gravesend Ry.
went re capitalization In 1898— see V. 66, p. 39, 183. The assets of the
Kings County Traction Co. were purchased at public sale in July, 1898,
by the syndicate conducting the consolidation V. 67, p. 74, 125.
Certificate of merger of Atlantio Ave. RR. and United RR. (the latter
being successor to the Brooklyn Cable Company sold at foreclosure
Deo. 23, 1897) was filed on Jan. 26, 1S99. V. 68, p. 283, 821.
Interest. Outstand'g.
Maturity
Dale.
BONDS—
STOCK
$8,500,000
Common stock. $-1,500,000 ....
f .4 p. c. cuui.$6,500,000
....
6,500,000 Nov./?,'01,4%
Bond*— For details see Rapid Transit statement above.
Road— Owns 130 09 mi.es of single track; also owns the stock of
the Coney Island & Gravesend (643 mlies) and the stock of the Sea
Beach Railway (13-92 miles); total track, 150*44 miles.
Atlantio Ave. RR. (now part of Nassau Electric) owns the doubletrack steam road from Jamaica to Flatbush Avenue Station in Brooklyn, 9*9 miles (19 miles of traek>, which is leased for 99 years from
June 1, 1877, to the Long Island RK.Co., affording that company entrance Into the City of Brooklyn— rental, formerly a percentage of receipts, was ch&nged in 1895 to $60,000 yearly. V. 61, p. 828.
Dividend -First dividend under lease was paid Deo. 31, 1900,
namely, 4 per cent; next (4 p. o.) Nov. 15, 1901.
Latest Earnings— Earnings are now included In those of Brooklyn
Rapid Tr'nsit.-V. 70, p. 125,328; V.71,p. 1220; V.72,p. 240, 339,342.
&
-
(4)
PROSPECT PARK & CONEY ISLAND RR.— A
1249.
Stock
1899, the Brooklyn Rapid Transit Co. took possession under
999 years to the Brooklyn Heights RR. and equipped the road electrically. (V. 68, p. 1224; V. 69, p. 654.) Rental is $40,000 per annum
and expenses. In consideration of a guaranty by Long Island RR.,
annual interest on the greater part of P. P. & C. I.'s bonded debt has
been reduced from 6 and 7 per cent to 4^ per cent. See V. 56, p. 42;
Bonds—
Date.
Interest.
Outstand'g.
C
Transit.
BROOKLYN
Coney Island
RR.
&
CONEY ISLAND
Chartered Dec.
Organization
NEWTOWN RR.-See
BROOKLYN RRCars commenced running
CITY &
& Brooklyn
—
10, 1860.
over the Brooklyn Bridge Feb. 15, 1898. See V. 66, p. 383.
Brooklyn City & Newtown was leased in November, 1897, for 999
years, and In 1900 was merged into the Coney Island & Brooklyn.
&
Last div., <£c.
$1,998,000 Nov., '01,4%
mort., cur., c. i lg83
j _j
5
300,000 July 20, 1903
Trust
Co.
Int. at Mechanics' Bank, Brook.
Trustee, Brook.
5
J.-.I.
$400,000 July 1, 1903
Cert.ofindebt
J.-J.
1,29-1,000 July 1. 1948
mort., J 1898
4g.
isol.
< Trustee, Mercantile Trust «'o.
'00,000, gold
J.-J.
$2,000,000 July 1,1939
5
B'kln city \ Newtown
N. Y., trustee.
Int. at Mercantile
<H),000.. $
It$191,605
mort*
SECURITIES— Stock authorized $2,000,000, an increase of $1,000,000
having been made In \H'.)-< to take up li'klyn City & Newtown stock.
j,000 are reserved to take up the
the $2,000,000 4s of 1
STOCK
Date.
BONDS.—
Ontstand'g.
Interest.
Q.— F.
8tk.$2.00o.00O(p.$100)
•
'>
/
l
.
and $400,000 to retire the certificates of indebtedness.
Road— Brooklyn to Coney Island, with branches, 133i miles; Brooklyn City <k Newtown KR., main line and branches, 985 miles; trackage
rights, <:-27 mi lea; second track and sidings, 2363 miles; total oper1st 5s
-
ated. 19*50 miles.
Beginning May 5, 1901, fare to Coney Island on Sundays and
days was Increased from 5 to 10 c* nts.
holi-
,
Road.— The Long Island Electrlo comprised about 27 miles of road
completed and in operation from Crescent Avenue, Brooklyn (at the
terminus of the Kings County Elevated), to Jamaica, Far Rockaway,
&o. The New York & North Shore has 30 miles projected, with about
6 miles in operation; the line between Jamaica and Flushing, connecting with the New York & Queens County, was opened January,
1900.
Total track operated, 33 miles. The Whltestone & College
Point was leased Aug., 1899.
OFFICERS— President, Chas. A. Porter, Girard Bldg., Philadelphia;
Vice-President, Jacob R. Beetem, Borden Ave., L. I. City; Secretary
and Treasurer, A. G. Maize, L. I. City; General Office, 7 & 9 Borden
Ave., Long Island City, N. Y.— V. 70, p. 125, 532, 1249; V. 72, p. 1136;
V. 73, p. 392.
VAN BRUNT STREET & ERIE BASIN
RR.— A trolley road.
Etc—
Chartered Feb. 15, 1861. Stock, $200,000;
issued; par, $10. Funded debt, $65,000. Track, 2^ miles, changed
to electricity In 1898.
Organization,
all
Earnings— For
1901
1900...
fiscal
year ending June 30.
Ohargis.
Net.
Other inc. Bal.,sur,
$19,659
$5,832
22,048
4,695
515
$17,868
Officers-— President, Michael Murphy; Secretary and Treas'r,
Wyllys Terry. Office, 264 Van Brunt Street, Brooklyn, N. Y.
$47,953
49,735
BUFFALO,
N. Y.
Population 1900 was 352,387; in 1890 was 255,664;
and in 1880 was 155,134.
BUFFALO & DEPEW
RY.- A trolley road.
Organization.— Incorporated on Oct. 14, 1897, with an authorized
capital of $350,000, to build an electric road between Buffalo & Depew
a distance of 7 miles (14 miles of track). On May 10, 1901, road was
completed and put in operation.
Officers— President, Wm. B. Cutter; Vice-President, George A.
Rickerj Secretary and Treasurer, Herbert P. Bissell. Office, 714
Elllcott Square, Buffalo, N. Y.
The
Prospect Park & Coney Island received as rental from Brooklyn
Heights in 1899-1900 $41,556; rental of buildiners, $22,271; total,
$63,827; interest, taxes, <fcc, $75,924; deficit, $12,097.
Interest.
$37,396.
Maturity.
$250,000
now 1st ($1,000) 18*6 i^ F. & A. 340.000 Feb. 1,1926
F. <fe A.
160.000 Feb. 1,1926
6
each>.c.*&r
5 1886
96,000 Mar. 1, 1931
3d M. (now 2d), gold ) 1891 4»«g. M.&8.
& r. \ 1891 6g. M.& S. 104,000 Mar. 1, 1931
($1,000 each),
Interest on above mortgages payable at U. 3. Mort. & Tr. Co., N. Y.
250,000 May 1,1920
Income bonds, non-euro
29,766
R. E. M., June 30. 1900
428,000
Bills paya'le June 30.00
ROAD- Embraces 2507 miles of single track.
Earnings.— Now Included in those of Brooklyn Rapid
Date.
Outstand'g.
Maturity.
$2,100 000
1895
5 g. J-D
600,000 June 1, 1925
Int. at Hamilton Trust, Brooklyn, Trustee.
1897
5
110,000 Deo. 1 1927
N. Y. Security & Trust Co., trustee.
Earnings.— For year ending June 30, 1900, gross, $93,913; net
$4,866; other income, $222; fixed charges, $42,484; balance, defloit,
V. 62, p. 187.
&
Bonds—
Gross.
17,
a lease for
STOCK
&
Stock. $2,100,000 ($100)
L. I. El. 1st M., $600,000 )
($1,000)
c* S
N. Y. & No. Sh. Ry. M., g. >
($1,000) $1,500,000... J
trolley road.
Organization— Controlled by Long Island RR., but on June
Stock
2d M.,
NORTH SHORE
A
BUFFALO HAMBURO & AURORA RYtrolley road.
W. Houckof Worcester, Mass.,
V. 73, p. 3H0. In Sept., 1901, $10,000 receiver's certificates, with priority over the bonds, were authorized.
Organization— incorporated In 1898. Stock, $400,000; 1st mortgage 5 per cent 25-year bonds authorized, $400,000; outstanding,
$307,500; Buffalo Loan Trust & Safe Deposit Co., trustee. The 15
miles to Hamburg and Orchard Park were put In operation on Oct.
6, 1900; remaining 7 miles, from Orchard Park to East Aurora, in
August, 1901. Total. 22 miles.
Officers— President, Albert Culver, Rockland, Mass.; Vice-President and Secretary, Albert B. Stearns, Boston; Treasurer, Warren
Hunt, Rockland; Gen'l Mgr., G. \V. Houck, Buffalo.— V. 71, p. 235; V.
73, p. 82, 390, 615.
Receivership— August
was appointed receiver.
19, 1901, Geo.
BUFFALO & WILLIAMSVILLE ELEC- RYOrganization— Chartered August
bonds.
Operates
54
10, 1891. Stock, $75,000; no
miles of track, Buffalo to Wllliam6ville, 56-lb.
to 60-lb. rails.
years ending June 30
Gross, $13,918; net, $5,362; taxes. $792
Gross, 12,029; net, 4,181; taxes, 532
1900
Gross, 11,459; net, 4,243; taxes, 503
1899
OFFICERS— President and General Manager, J. Blocher Vice-Pres.,
E. C. Longnecker; Sec, A. C. Rinewalt; L. L. Grove, Supt. and Treas.
Earnings— For
fiscal
1901
;
INTERNATIONAL TRACTION CO.-Trolley.
Organization— Organized in 189a under New Jersey laws, and has
acquired all the electric railways connecting the cities of Buffalo,
Niagara Falls, Lockport, North Tonawanda and Tonawanda, together
with all the street railway systems in all of said cities; also the eleo-
—
STREET RAILWAYS.
railway connecting the villages of Depew and Lancaster with
Buffalo. It has also acquired the Canadian Electric Railway, traversing the emire length of the Queen Victoria Niagara Falls Park,
and connected it with the American system by the acquisition of the
steel arch bridge at Niagara Falls and the Suspension Bridge between
Queenstowu and Lewiston, which bridges have be«m equipped with
trio
trolley tracks.
Maturity.
Date. Interest. Outstand'g.
^tock &. Bonds—
$10,000,000
Stock common. $10,000,000
5,000,000
Prf ,4 pc. cum .$5,000,000
11,448,000 July 1,1949
Collateral trust. $30,000,000 (1899 4g..J-J
Guaranty Trust Company, New York,
($i,000), go d, e*. Interest^
I Trustee.
at agency in New Yotk.
May be called at 110 and interest on any interest date.
The $11 ,428,000 of bon<la outstanding and 80 p. o. of pref. stock are at
present represented by $10,000,000 J. P. Morgan & Co. trust certificates, each certificate carrying its proportionate share of bonds and
preferred stook. These certificates gave the firm a practical option on
the securities until Sept. 1, 1901, and this has been extended for
another year. See V. 71, p. 1269.
The following is a list of the constituent companies, with their stock
and bonds outstanding:
Existing
Existing
vames of companies.
stock.
bonds.
Buffalo'Prohkktiks—
$5,999,500
$5,370,500
Buffalo Railway Co
2,860,000
2,624,000
Cross-town Street R'y Co. of Buffalo.
600,000
673,000
The Buffalo Tracti.n Company
,
'
.
INTER-UKHAN PROPERTIES—
Buffalo BellevueA Lancaster Ry. Co..
Buffalo .fc Niagara Falls E'eotrio Ry...
Buffalo * Lockport Railway
Lock port & Olcott
Elm wood Ave. & Tonawanda Elec. Ry.
Ton aw an da Property—
Buffalo Tonawanda & Niagara
Electric Railroad Company
215,000
925,000
500,000
700,000
90,000
,250.000
00.000
*200,000
14,125
*1,<
Falls
'1,500,000
Niagara Falls Properties—
Niagara Falls & Susp'n Bridge Ry. Co.
Niagara Falls Whirlpool & Norh'n Ry.
International Bridge Propertii-s —
a Niagara Falls Susp'n Bridge Co... )
6. Clifton Suspension Bridge Co
\
a. Lewi-ton Connecting Bridge Co... >
b. Queenston Heights Bridge Co
\
Canadian Property—
Niagara Falls Park
*'
& River Ry
518,000
22,500
*600,000
50,000
qr>n oon
auv,vvv
*400
ooo
*
wu
ipeinno
1^5,000
*400
nan
4UU,ouu
600,000
*600,000
w
Improvements, etc.
The Lockport & Olcott bonds, covering 13 miles of road between
Lookport and Olcott and a branch of 3 miles, were issued subsequent
to the creation of the collateral trust issue and the stock of that road
does not at present come under the collateral lien.
Liens of Owned Companies.
STOCK
&
Bonds—
—
Date. Miles. Interest.
Buffalo St
M
Bunaio
Ky. 2d
za. m.
bt. Rv
\
^
*M
n„ff.i n r.ci^i1st M.
Buttaioii.hiae
i
1875
Int
ij}
18'4
Outstand'g.
Maturity.
650,000 July 1, 1905
6&7 J-J
payable at Nat Bank of commerce. N. Y.
....
7
J-D
300,000 Junel,1904
ia payaDle at Company's office, Buffalo.
293,500 Sept.1,1912
1882 .... 6 M-S
^ Int i8 payable at company's office, Buffalo.
1891
67 5 & F " A
3,756,000 Feb. 1, 1931
1st Con M <*1 000)
Mercantile Trust Co., N. Y., trustee.
<t\ ononnoLiri^«.;s
gld.c &r
$0,000,000
I Int l9 Dayable at Co 8- offlce> Buffalo.
Buff. Ry. debe'tures, 1 1897 ...
6 g. A - O 1,000,000 Apr. 1, 1917
f
a~
ao
/i„
ao
a*
za.
Int
tvt 5
so..
<i
.'
Trustee, Metropolitan Trust, N. Y.
Secured bv deposit of $2,000,000 stock of Crosstown Street Ry.
J
Crosstown Railway— Guaranteed bonds.
2,624,000 May 1,1932
1st M. g., ($3,000,- < 1892
73 5 g. M-N
000). gu. p.&i.c I Int. at Metropolitan Trust, N Y. City, trustee.
Buffalo Traction 1st $ 1898 .... 5 g. J-J
673,000 Dec. 1, 1948
mortgage
( Trustee, Metropolitan Trust Co,, New York.
Buff.Bellev.&Lan.M. 1897
215,000 Junel,1927
5 J-D.
$1,000,0* >0, g., red.
at 105 after Apr. 1,
1902 ($500,$1,000)
I
[
Buff.&NiagaraFals )
Elec.
Ry.— 1st
M., V
1895
....
5 g. J-J
750,000 July
1,
1935
$750,000, gold, .c)
2dM., $250,000, g.,) 1896
175,000 July 1, 1921
...
5 g. J-J
1901 > Interest at Mercantile Trust Co., New York,
at 105, $1,000... c) Trustee.
Buff. & Lockport 1st J 1898 ....
500,000 July 1, 1938
5 g. J-J
M g., $1,000,000. \
Colonial Trust Co., New York, Trustee.
July 1, 1920
LockD. & Olcott Ry. ) 1900
700,000
...
5JJ
1 st M., $1,000,000 > Int. at Morton Trust Co., N. Y., Trustee;
also at
gold, $1,000
c*) Buffalo. Guar., p. and i., by Internat. Trao'n.
Niagara Falls &Sus) 1893 .... 6g. J-J
518,000 July 1, 1903
pensi'n Bridge Ry. > Interest at Third National Bank, Buffalo.
1st mort., gold
) Mori, trustee, the Fidclitv Tr.&Guar.Co., Buffalo.
Niag'a Falls Whirl-)
pool & MorthernV 1894 ....
5 J-J
22,500 July 1, 1903
s. f.,
red. aft.
.
1st mort., gold .. )
Niag. F. Susp. Bdg. \ 1897 .... 5 g. J-J
300,000 Jan. 1, 1928
Clifton Susp. Bridge \
Toronto General Trusts Co., Trustee.
Lew. Con'g Bdg. Co. > 1898 .... 5 g. A-O
125,000 Oct. 1, 1 928
Queens. Hts. Br. Co. 5
Toronto General Trutts Co., Trustee
Niagara Falls Park)
& River 1st mort., \ 1893 ....
600,000 Jan. 2, 1914
5 J-J
Canadian curr'ney 5
Latest Earnings— For three months ending Sept. 30.
3 mot
dross.
Net.
Otti.income. Fixed charges. Bal.surp
1901 ...$1,802,27 ' $1,041,580
$307,206
$808,649
$74,2 5
1900....
761,197
412,452
30,273
241,793
200,932
r
Report— or fiscal year ending June 30:
1901.
1900.
1900.
1901.
Gross
$3,092,016 $2,545,740 Total net.. $1,614,795 $',272,648
£et
1,504,609
901,336
1,197,012 Charges... 1,030,435
Oth.ino...
110,186
75,636 Surplus...
371,312
584,360
I
I
Road— Operates
in the vicinity of 350 miles of track.
operating companies— President, W. Caryl Ely; VicePresident, D. S. Lamont; Secretary and Treas., Richard F. Uankine;
Gen. Manager, Burt Van Horn; Gen'l Supt., Thos. E. Mitten.
Executive Committee— Charles Steele, Francis Lynde Stetson, Daniel S. Lamont and vVm. B. Rankine of New York; W. Caryl Ely and
Burt Van Horn of Buffalo; and T. De Witt Cuyler of Philadelphia.—
V. 68, p. 524, 571, 1024; V. 69, p. 229; V. 71, p. 1120, 1269; V. 73, p.
Officers of
all
336.
OFFICERS of International Traction Co.— President, B. W. Franklin;
Seoretary, Chas. MacVeagh; Treasurer, Richard F. Rankine.
BURLINGTON, IOWA.
Population 1900 was 23,201; in 1890 was 22,565;
and in 1880 was 19,450.
BURLINGTON RAILWAY & LIGHT CO—
Organization — A consolidation of Burlington Electric Ry., Burlington Gas & Fuel Co. and Burl. Eleo. Light Co. in 1897.— V. 64, p. 329.
In May, 1899, purchased the Burlington Gas Light Co., paying, it le
reported, $200,000.
&
Dale. Interest Outstand'g. Maturity.
Bonds—
STOCK
$1,100,000
Stock, $1.250,000
585,000 Oct. 1, 1917
1st M., $750,000 ($500, &o.),< 1897 5 A-O
Int.
American
L.&T.,Boston,trustee.
105,cur.o*
at
y'rs
at
\
red. aft. 5
Bonds— Mortgage covers railway, electric-light and gas plant. Bonds
for $40,000 are in treasury and $125,000 are reserved for extensions
to gas plant.
Road— Total track 13*3 miles trolley 48 and 66 lb. T rail.
EARNINGS— For year ending Dec. SI, 1900, gross, $163, 109; expenses,
inuluding taxes, $112,417; net earnings, $50, 692.
Officers— President, G. H. Higbee; Secretary, E. C. Walsh; Treas.,
;
Remey.
INDEX- V. 62,
J. T.
p.
232
;
V. 64, p. 41, 468, 753; V. 68, p. 1022.
BURLINGTON,
VT.
1890
Population 1900 was 18,640;
'
.$13,202,000 $14,934,625
Total
The International Traction Co. owns all the outstanding stook
of its controlled companies except 134 shares of Buffalo Ry. Co. stock.
The Buffalo Railway owns the entire stock of the Crosstown Street Ry.
and the stock of the Buffalo Traction and the Buffalo Bellevue &
Lancaster. Ike Niagara Falls & Suspension Bridge Ry. owns the
entire capital stock of the Niagara Falls Whirlpool & Northern Ry.
Bonds— The stocks marked (*), excluding the few shares needed to
qualify directors, together with $5,354,600 Buffalo Railway stock and
$60,000 bonds of the Tonawanda Street Railway, are pledged as
security for the new co' lateral trust loan. Of the $30,000,000 authorized issue of the collateral bonds, $12,285,000 are reserved by the
terms of the collateral trust indenture, to take up underlying bonds,
and $5,000,000 are reserved to be used for future betterments,
21
was
in
was
in 1880
BURLINGTON TRACTION
&
Miles.
BONDS
Stock $200,000, par$100
STOCK
Win.
AND
14,590;
11,365.
CO.-A
trolley road.
Date. Int' rest. Outstand'g. Maturity.
$200,000
& B. Horse RR.
1st )
1894 6g.J-J
125,000 Jan. 1, 1914
M„ $150,000, gold, 9ifl Not
subject to call before maturity.
$500&$i,ooo
c;
Interest is payable at office of trustee, Burlington Trust Co.
ROAD— Owns 11 miles of track in city of Burlington.
Owns 8 box cars, 10 open cars, 3 snow plows.
Rails 50-lb.
T.
Earnings— For fiscal year ending June 30:
1901
1900
Gross.
Net.
Interest.
$58,142
57,435
*$20.146
*17,000
$7,500
7,500
Dividends. Bal., sur.
$8,000
8,000
$4,646
*1,500
* In 1901 $7,277 was spent for
new construction and in 1900
$14,000.
OFFICERS— President, Elias Lyman Vice-President, Jos. A. Powers;
Treasurer. W. F. Hendee; Secretary, B. H. Eagan.
;
BUTTE, MONT.
Population 1900 was 30,470; in 1890 was 10,723;
and in 1880 was 3,363.
BUTTE ELECTRIC
RAILWAY-Trolley.
This company was incorporated in West Virginia in December, 1899,
as successor to the Butte Consolidated Railway (operating 21 miles of
track), sold at foreclosure.
STOCK
&
BONDS—
Date.
St'k $1,000,000, par $100
1st M. $700,000 gold, < 1900
$1,000 each
Bonds— May be
terest
c. (
5g. M.&8.
Outstanding.
$1,000,000
700,000
Maturity.
Mar.
1,
1925
Loan & Tr. Co., Boston, Trustee.
payment on March 1, 1915, or on any in-
Int.
called for
Interest.
at Mass.
day thereafter. Sinking fund of 10 per cent par value
of
bonds
begins March 1, 1916.
Officers— President W. A. Clark, Butte; Vice-Pres., F. E. Sargeant,
49 Wall St., New York; Secy. & Treas., J. C. Kennedy, 49 Wall St.,
N.
V. 64, p. 663; V 69, p. 1300; V. 72, p. 190.
Y—
CAIRO,
ILL.
Population 1900 was 12.566; in 1890 was 10,324;
AND in 1880 was 9,011.
CAIRO ELECTRIC RAILWAYOrganization— Chartered
STOCK & BONDS—
Stock, $75,000; par, $100
1st mortgage,
morteage currency.
currency ....
in 1890. Operates 5 34 miles of track.
Date. Interest. Outst'd'g
Maturity.
$52,400f.p
J-D 52,400
June 1, 1911
6
^ Tru8 tee is St. Louis Tr. Co., St. Louis, Mo.
OFFICERS— President and Treasurer, E. W. Halliday; Vice-Prest., C.
O. Patior; Secretary, C. Cunningham; Supt., Edwin Halliday.
51891
EGYPT ELECTRIC COMPANY-A trolley road.
to Delta Electric Co., eold under foreclosure sale Feb. 13, 1896, to the bondholders.
Four miles of track
in City of Cairo. Also furnishes electric power and incandescent
lighting. Stock, $40,000; bonds, none. Gross earnings, 1899, $20,000; net, none.— V. 62, p. 364.
OFFICERS— President, Wm. Kluge; Vice-Prest., Hy. HasenjaegerJ
Secretary & Treas., C. V. Neff.
Organization— Successor
CALAIS, ME.
Population 1900 was 7,655: in 1890 was 7,290;
and in 1880 was 6,173.
CALAIS STREET RAIL WA Y-A trolley road.
Organization— Stock, $100,000 first mortgage, 1894, 5s, J&
$100,000 due July 1, 1918. Current liabilities, June 30, 1901, $13,435.
Year ending June 30, 1901, gross, $24,376; net, $3,033; interest
and taxes, $5,629; deficit, $2,596. In lfOO, gross, $24,360; net,
;
I
$3,957; interest, taxes,
&c, $5,680;
deficit for year, $1,723.
—
-
;
STREET RAILWAYS.
22
CANTON,
ROAD—Calais
Street Railway, lower wharf to upper bridge, Calais,
Stephen Eleotrlo St. Ry. Milltown. N. B., to St. Stephen, N.
B., 3 miles; total, 7 miles. The St. Stephen Kleetrie St. Ry. Is a separate corporation, but i8 owned entirely by the Calais company.
OFFICERS— Pres., George a. Currau; Treas., OtW. Young, Calais, Me.
A m:.
CAMDEN,
1900 was
POPULATION
am>
SOUTH JERSEY
GAS,
TION CO--
CANTON-MASSILLON ELECTRIC RAILWAY.— A trolley road.
Organization- Chartered in 1892, and absorbed the Canton Street
Railway and the Lake Side Street Railroad companies.
N.
J.
75,935; 1880 WAS 58,313;
L880 was 41,808.
in
O.
Population 1900 was 30,667; in 1890 was 26,189;
and in 1880 was 12,258.
&
ELECTRIC & TRAC-
ORGanization— Incorporated in 1900 to bring under one control
the gas. electric light and trolley Interests in southern New Jersey.
Has absorbed the Camden Gas-Light Co., Camdeti Gas-Light * Fuel Co.,
irllngton Has & Kleetrie Co., Bast Side Gas Co., Gloucester
City Electric-Lignl Co., the Consumers' Gas Co. of Woodbury,
the Woodbury bJeotrlc- Light & Power Co., Trenton (ias & Electric OO.
and the Camden Lighting A Heating Co. The company Includes the
id electric light interests of the city of Camden and of
Mt. Holly, Woodbury, Merehantville and Trenton; also eleotrlo- light
interests of the city of Gloucester, Mooreatown and Haddontield. In
May. 1901. also purchased the plant of the Gloucester City Gas Light
Co giving control of the gas Interests ol Gloucester. V. 72. p. 089.
Has also acquired the entire capital stock of the Camden Gloucester
All the latter's 1st mortgage bonds ha^e been
Jt Woodbury Railway
turned in and canceled. The corporate existence Of the railway is,
-ons, maintained, but it la operated as part of the property
for
of the gouth J
as, Kleetrie & Traction Co.
Outstand'g.
Maturity.
BONDS— Dale. Interest.
STOCK
$5,5X9,000
Stock. $6,000.000 1
Sept. 1, 1050
1900
4,060,000
1st V
0.000 >
5g M-S
(91.000). .«old o* i Int. at Fidelity Trust Co., Newark, N. J., Trustee.
enti:
".
STOCK
BONDS— Miles. Date. Interest. Outstand'g. Maturity.
8fk, $525,000 ($100)
$525,000
Canton Street Ry. 1st S
5
225,000
currency
\ Interest at National Bank of Commerce, Boston.
Cantou-Masslllon 1st J 1319 1893 6 g. M-N $118,000 Nov. 1, 1912
M„ $300,000, g. .o \ Interest at Cent. Trust Co. (trustee), N. Y. City.
Canton-Ma ssil Ion I
1900 5 g. M-N $225,000 May 1, 1920
mortgage ($1,000) < Interest at Cleveland Trust Co., trustee, or
Standard
Trust Co.. N. Y.
($1,000,000;
(
Bonds— Of the new $1,000,000 mortgage, $525,000 is reserved for
prior liens, &c. The Cauton-Massillon mortgage of 1893 is a first lien
on the interurban and the Massillon divisions. Neither this issue, the
new 1900 mortgage.nor the Canton Street Ry. bonds is subjeot to call.
Road— Company owns street railway in the cities of Canton and
Massillon and an Interurban line between, connecting them. Total
trick reported as 21 miles.
Rails 40 to 60 lb., being girder in the
cities and T rails on the interurban division.
OFFICERS— President and Treasurer, Wm. A. Lynch, Canton, O.
6M-N
.
'
CAPE MAY
N. J.
>
Population 1900 was 2,257; in 1890 was 2,136;
and in 1880 was 1,699.
&
.
Trenton Gas
000
AKL^
•'"t$l"000)
1899
5?
M
s
1,900.000
Intere8t at Colonial Trust Co., N.
.
March 1,1949
.
)
Bonds— Of
Y„
Trustee.
Organization— A consolidation
reserved for exten-
the $6,000,000 rotge. $2,740,000 is
sions, improvements, Ac. See V. 71, p. 603.
Road— Jan. 1, 1901, the Camden Gloucester & Woodbury Ry. owned
24 7* miles of track.
Officers— President, Anthony R. Kuser, Newark, N. J.; Vice-Prest.,
Wm. J. Bradley. Camden; Secretary; Forrest F. Drydeu; Treasurer,
Thou, is X MoCarter Newark, N. J.j Gen'l Manager, Charles Watson,
Cemden. N. J.-V. 70, p. 1048; V. 71, p. 492, 603, 270; V. 72, p. 88, 989.
-
CAMDEN
&
SUBURBAN
CAPE MAY DELAWARE BAY & SEWELL'S
POINT ELECTRIC RA1LWAY-A trolley road.
RY.-A trolley road.
Organization— Formed in 1806 to control the Camden Horse RR.
(which is leased) and the West Jersey Traction Co. Capital stook,
&
Date. Interest. Outstanding.
Maturity.
Stock
BONDS—
Stock paid in (par $50)
$150,000
1st mort. ($150,000;... cur. 1893 (text) F-A
150.000 Feb. 1, 1923
Interest was reduced to 5 per cent for 5 years from Feb. 1, 1896.
In 1894 and 1895 but one interest payment was made by mutual consent of bondholders. Trustee is N. J. Trust <fc S. D. Co., Camden, N. J.
Road— Operates 7^ miles of track in city of Cape May and extending
to Cape May Point and Sewell's Point.
Earnings— For year ending Dec. 31, 1900, gross, $18,093; expenses
$18,104; deficit, $11.— V. 72, p. 532.
00,000 Issued to Jan. 1, 1901; par, $25; paid in Jan. 1, 1901,
Extension
$300,000; funded debt, $633,000; other debt, $241,419.
was Deine constructed in 1901 from Merehantville through Maple
Shade and Lenola to Moorestowu.
Earnings— For year 1900 gross income from passengers, $332,466;
from other sources, $15,482; total Income, $347,948; operating expenses and repairs (including $47,146 extraordinary expenditures),
$263,495; balance, surplus, *84,453.
Road—Track, 17-97 miles; Camden Horse RR., leased, 30 m.; West
Jersey Traction Co., 3-19 m.; total, 51-16 miles.
President, Wm. 8. Scull; Vice-President and Gen'l Mgr., W. E. Harrington; Sec'y, S T. Corliss; Treasurer, H. Lippincott.— V. 62, p. 682.
CAMDEN HORSE RR. -A trolley and horse road.
ORGANIZATION— Incorporated March 23, 1866. In April, 1896, conSuburban Ry., which leased the
trol was acquired by the Camden
(1)
<fe
road from April l, 1896. Rental,
which paid 20 p. c. on stock.
& BONDS—
STOCK
Date.
Stock ($25) paid in
1st mortgage
1st cons. M. ($500,000)
($500)
'•est
payable at
received in 1900, $50,600, from
etc.,
Outstand'g. Last div.,
Interest.
See text.
5
'93, '94 and '95. 8 p. c. per an.; '96, 14 p. c; '97, 16
c; '99, 18 p. o; 1900, *0 p. c.
Road.— Has 30 miles of track.
Officers— President, Wm. 8. Scull; Secretary, 8amuel T. Corliss;
Treasurer. G. G. Browning.— V. 62, p. 682.
p.
WEST JERSEY TRACTION CO.—
Owned by the Camden & Suburban Ry.
track,
3-
Stock, $65,000. Miles of
Franchise granted by city in 1894.— V. 62, p. 682.
192.
CAMDEN
&
TRENTON
Organization.— This
is
the
&
Date.
Interest. Outstanding.
Maturity.
BONDS
STOCK
Stock, lullpald (100)
$1,000,000
)
1899
Nov.
M.
$750,000
1st
686,000
1, 1929
g,
($500 and $1,000)* ( Int. at Provident Life & Tr. Co., Phila., trustee.
lstif'n'l.M., $1,750,000/
1901
July 1, 1931
5g. J-J
$400,000
8500 and $1,000 g .. 5 Int atProvldence Life<feTr. Co., Phi la., trustee.
Bonds— Of the $750,000 bonds, $40,000 are reserved (uncertified)
to retire Ilk*- amount of bonds outstanding on Clnnaminson Light
plant and $24,000 are reserved for extensions.
Of the $1,750,000 issue. $"50,000 are reserved to retire outstanding
prior liens and $600,000 are held for extensions, additions lo power
plants, &c.
ROAD— In Oct., 1901, was operating the electric-light plants and 29
miles of road between Trenton and Riverton (where connection will
be made with Camden <fe Suburban Ry. tracks). By a contract which
this company lias with the Camden A Suburban, its cars will run direct
to the Philadelphia Ferry at Market and Federal streets, Camden.
Officers— President, H. V. Massey, Philadelphia; Se.c'y and Treas.,
M. B. Perkins, Riverside, N. J.— V. 70, p. 279; V. 73, p. 956.
5gMN
CANANDA1GUA,
a
run 1900
N. Y.
-a- '. 151;
1890
AN'. IN 1S*S0 was 5,727.
was 5,868;
ONTARIO LIGHT & TRACTION-
Organization — Organized
or to the Canamlatgua Electric
a
in and o]»i
OlIUreAprl] 21,
an electric- 1 Kht plant and i miles of street road, and owns majority
of stocte of ti.e Can andal gna Oas Light Co. The railroad Is in operu mo-. «r tii.
atic
10,000.
Funded debt,
A
RR..
I
1
i
I
-it a.
Supt., J.
motor
cars.
Wm. E. Stewart, Harrisburg, Pa.; Secretary and Treas.,
Wood, President of the New York Switch & Crossing Co., Ho
boken, N. J.— V. 68, p. 870.
President,
W.
C.
CEDAR RAPIDS, IOWA.
Population 1900 was 25,656; in 1890 was 18,020;
and in 1880 was 10,104.
CEDAR RAPIDS & MARION CITY RY-STOCK
Stock
&
II.
BONDS—
Miles. Dale. Interest. Outsta?id'g.
IstM
1st
M.
13 84
$250 000<B1
000c $
fci.oooc.
^50,000
j Int
at
Pardee; Sec,
II.
B.
Ferguson;
Maturity.
$316,000
16»-000 July
1891 5J
1, 1931
Ame rican Loan & Tr., Trustee, Boston.
"J
'
Road— Owns road in operation 12-04 miles In length, extending from
Cedar Rapids, Iowa, to Marion second track, 1-46 sidings, -34 total
of all. 13-84 miles. Ralls 45 and 58-lb. T and girder.
Officers— President, P. E. Hall; Vice-President, Seoretary and
Treasurer, John S. Ely.
;
CHAMPAIGN,
as
above in October, 1399. Owns the entire capital stock of the Cinnaminson Electric Light, Power & Heating Co., which supplies the
towns of Beverly, Delanco, Riverside, Riverton and Palmyra with
light. Also owns 85 per cent of the capital stock of the Bordentown
Electric Light & Motor Co., which supplies light to Bordentown and
vicinity. The bonds below, besides being secured by mortgage on the
road between Camden aud Trenton, are further secured by a deposit
of the holdings of the stock of these two companies.
Light
also filed a mortgage for $400,000 to the Hamilton Trust
Co. of Brooklyn as trustee to secure an issue of 5 per cent bonds;
interest J. -J., due May 1, 1949. Outstanding Nov. 1, 1901, $54,000.
Road is to extend from Catskill to Windham, Cairo, and other villages in Greene and adjacent counties, making a line 16 miles long;
three miles of track put in operation on Dec. 14, 1900; operates three
RAILWAY-Trolley.
Monmouth Traction, name changed
8,263;
pany in 1899
;
(2)
was
RY.-Chartered March 15,
CATSKILL
ELECTRIC Outstanding
Stock, authorized, $400,000.
$60,000.
Com-
1909
5M-N
250,000 May 1,1912
1892
New Jersey Trust Company, Camden, N. J
N. Y.
in 1900 was 8,566; in 1890
and in 1880 was 8,311.
1897.
etc.
Dividends— 1892,
p. c; '98, 18
CATSKILL,
Population
See text.
$250,000
250,000
The road is operated only
In 1901 control passed to
in 1892.
from May 15 to Sept. 15 of each year.
the Reading Company.
;
ILL,.
Population 1900 was 9.098; in 1890 was 5,839;
Population of Ukbana in 1900 5,728; in 1880 was 5,103.
URBANA & CHAMPAIGN
& ELECTRIC CO-
RAILWAY GAS
Mar 1, 1899, to a syndicate represented by
McKinley, of Champaign, who originally owned the road. Stock
increased in July, 1899, from $250,000 to $500,000.
Organization— A consolidation in 1897 of Urbana & Champaign
This property was sold
W.
B.
St., Cham. Elec. L. & P., Cham. & U. Gas L. & Coke and West
End Park Co. Franchise in 1901 extended for twenty years.
Dale. Interest. Outstand'g. Maturity.
Stock & Bonds—
Electric
Stock $500,000
U. & C. Ry. G. & E. M., $250,- }
000, g., s. f ., $8,000 yr. June
1. 1900 and after ($1,000) .c* 5
Consol. mtg. 30-year ($500,-
$500,000
1897 5g.J-D 250,000 June 1,1917
Int. at 111. Tr. & 8av'gs Bank, Chicago,
trus., or at Chase Nat. Bk., N. Y. City.
1899
5
$185,000 July 1,1929
000 auth.)
Of the new issue of $500,000, $250,000 are reserved to retire first
bonds, and $65,000 set aside for future needs.
Road— Operates 9 miles of track in and between Champaign and
Urbana.— V. 69, p. 232.
OFFICERS.— President and Mgr., W. B. McKinley, Champaign, 111.;
Vice-Pres., Geo. F. Duncan, Portland, Me.; Secy, and Treas., Edward
<
Woodman,
Portland. Me.
CHARLESTON,
Population 1000 was 55,807;
imi IN 1880
in
S. C.
1890 was 54.955;
was 49,984.
CHARLESTON CONSOLIDATED RY GAS
& ELECTKIC CO
Organization— Organized February 21, 1899, as a consolidation of
the Charleston City Ry. and Charleston <t Seashore RR. under Special
Act of South Carolina Legislature, granting a perpi-.tuai charter and
gas and electric -liL'ht powers. Alno owns the capital stock of the
Charleston <Jas Light Co. ($098,150), and the Charlenton Edison Light
& Power Co. ($100,000), and thus controls the whole field of light and
transportation in Charleston. In Apill, 1899, bought for $25,000 the
:
STREET RAILWAYS.
&
Sullivan's Island Ferry Co.
capital stook of the Mount Pleasant
and for $4,000 the franchise of the Middle Street and Sullivan's Island
Railway. The following are the only securities on the property.
Maturity.
Date. Interest. Outstand'g.
Bonds—
STOCK
$1,500,000
Stock, $1,500,000, par $50
Charleston City 1st mort.
_
„„ „
.
„
829,000 Jan. 1, 1923
($1,000), $850,000. g-d o. 1898 5 g. J-J
Bait.,
trustee.
Co.,
&Dep.
Tr.
Mercantile
Tax free. Int. at
1,671,000 Mar. 1. 1999
1899 5 r. M-S
Consol.M.,g., $2,500,000,
Guar. Co., Trustee.
Int. at Bait. Trust
\
coupon
Holders can also colleot coupons from consols at Carolina Savings
Bank, Charleston, if presented before the 10th of the month.
Bonds— Of the consol. 5s, $850,000 were reserved to retire the
$850,000 City Rv. 1st 5s, of which $21,000 canceled under sinking
fund and consols issued to company in substitution. The remaining
$1,650,000 were taken by the Bait. Trust & Guar. Co., and sold by the
latter in Feb., 1899.
EARNINGS— For year ending Feb. 28, 1901, gross, $487,524; operating
In 1900, gross, $439,921; net,
expenses, $331,412; net, $156,112.
$159,178. The annual interest is $125,000.
Road, Etc.— °wns 40 miles of electric road, of which 30 miles in
Charleston and 10 miles from Mt. Pleasant (connecting by ferry with
Charleston) to Sullivan's Island and Isle of Palms, a pleasure resort
on the Atlantic coast, including land at Isle of Palms, ferry, etc. The
company has consolidated all of its three power stations; both railway
systems and light and power division are being operated from same
stations, the seashore division having been conneoted by submarine
&
<,
&
cable.
Officers— President, Francis K. Carey, Baltimore Vice-President,
Philip H. Gadsden, Charleston Managing Director, Samuel H. Wilson,
Charleston; Seoretary and Treasurer J. Bannister Hall, Baltimore;
Auditor, P. J. Balaguer, Charleston. Offices, No 141 Meeting Street,
Charleston.— V. 68, p. 186. 230; V. 70, p. 583.
;
;
EXPOSITION TRACTION CO.— In May,
1901, the Charleston Consolidated Company extended its lines (with double track), 1*2 miles,
to the entrance of the S. C. Interstate and West India Exposition
grounds, which will open Dec. 1, 1901. All the stock of the Exposition Traction Co., under oharter of which extension was built, is
owned by the Consolidated Company.
CHARLOTTE,
N. C.
1890 was
1900 was
Population
18,091; in
in 1880 was 7,094.
AND
23
STOCK and Bonds— Stock, $250,000; also gave amtg. to Real Estate
Trust Co.of Phil, in Jan.,1901,to secure $250,000 5p.o. 25-year bonds.
Road.— 10 miles of track. Extensions proposed to Rook City <fe
Lula Lake, 6 miles. That portion of the road on the summit of the
mountain has been equipped with electrio oars.—V. 72, p. 282, 776.
NORTHSIDE CONSOLIDATED ST. RY.
Organization—This is the old Chattanooga & North Side Street Ry.,
which was bought in by the bondholders and name changed to Signal
Mountain Railway. In 1900 it was sold to the Rapid Transit of Chat(2)
tanooga and reorganized under its present name. Owns 3*2 miles
main track and 1 mile sidings; leases North Chattanooga St. Car Co.,
•j'-j miles main track and % mile sidings; total track, including sidings,
7\
miles.
CHESTER, PA.
Statement of Chester Traction will be found under " United Power
& Transportation " at end of Philadelphia.
CHICAGO,
ILL.
Population 1900 was 1,698,575; in 1890 was 1,099,850,
AND in 1880 was 503,185.
ELGIN & CHICAGO RAILWAY.
AURORA
be operated by
—To
third rail.
April, 1901, a syndicate, headed by M. J. Mandel
baum & Co. of Cleveland, acquired the Aurora Wheaton & Chicago Ry.
and later merged with it the Elgin & Chicago Ry. Co. and the Batavia
Eastern Ry. Co. The Aurora Wheaton <fe Chicago Ry. was incorporated in 1899 to build from Chicago to Aurora, 111., via Wheaton, 111.
Vale.
Interest.
Outstand'g.
Maturity.
BONDS—
STOCK
$3,000,000
Stock $3,000,000, $100 ..
Organization— In
&
&
1
N15 3,000,000 Mayl5,1941
<*3
000
000 ^ 1901Tr 5 &
? M15
(
Savings Bank, Chicago. Trustee.
«™id can
P»n not he
be called
called. ]
gold,
^ Interest payable in Chicago and New York.
st
M
000m
Am
"
-
ROAD— Will run
fron Chicago to Elgin, Batavia and Aurora, 57
26 miles double tracR 83 miles of track. About
two-thirds constructed and the full line is expected to be in operation
by the spring of 1902.
Officers— President, B. Mahler, Cleveland, O.; Vice-Pres'dent. L. J.
Treasurer, M. J. Mandelbaum, 1019 Garfield B'ld'g,
Wolf, Chicago
Cleveland, O.; Secretary, Edward Dickinson, Chioago. Office, Chicago
Title & Trust B'ld'g, Chicago, 111.— V. 72, p. 674, 721.
miles, making, with
;
11,557;
CHARLOTTE ELECTRIC RY, LIGHT & WAY.-A
CALUMET road.
ELECTRIC STREET RAILroad.
CO. -A
POWER
trolley
trolley
ORGANIZATION —Successor to the Charlotte Street Railway, whose
oharter was amended in March. 1895, and name changed as above.
The road is operated by the Charlotte Consolidated Construction Co.,
which owns all the bonds.
&
Maturity.
Miles. Bate. Interest. Outstand'g.
Bonds—
STOCK
Stock, par $50.
$60,000 f.p
Jan. 1, 1922
Char. St. Ry. 1st M., gold ....1892 6g. J-J 100,000
Interest at Mercantile Trust & Deposit Co. of Baltimore, Md., trustee.
The bonds are not subject to call before maturity.
Road— Operates 5 miles of track.
Annual Report.— For year ending Dec. 31, 1898, gross, $53,664;
balance, surplus for year,
net, $27,765 interest charges, $6,000
$21,764.
OFFICERS— President and Treasurer, E. D. Latta; Vice-President, E.
B. Springs; Seo'y, J. L. Chambers.- V. 64, p. 329, 384; V. 66, p. 384.
;
;
CHATTANOOGA, TENN.
Population 1900 was 32,490; in 1890 was 29,100.
and in 1880 was 12,892.
CHATTANOOGA ELECTRIC RAILWAY CO.
Organization— Successor, 1896,
of Chatt. Electric Ry. foreclosed.
Reported consolidation ot all the Chattanooga roads is denied so far
as this company is concerned.
Bate. Interest. Outstand'g. Maturity.
Bonds—
Stock
Stock authorized, $645,000
$645,000
Jan. 1, 1919
1st con. M., $625,000, gold, ; 1898 5g J-J $576,000
Maryland
to
call
Int.
at
Tr. Co., Bait., Trustee.
c* 5
not subject
&
2d mortgage $375,000 gold
)
1901
5g.
A-O
See text.
July
1,
1921
c*S Int. at Chatt. Sav. Bank, Chatt., Trustee.
Bonds— Ot the consol. 5s. $26,000 were immediately issued, *550,000 have been issued to refund the entire funded debt, bearing 6 per
cent interest and $49,000 reserved for improvements. None of the
new 2d mort. tionds for $375,000 have been sold, being used as collateral for advances. They are subject to call at any time after 6 months
from date of same, at par and accrued interest.— V. 67, p. 1206.
Road Has 32 miles of track on 25 miles of street. Considerable improvements made, many of the lines having been rebuilt. An extension is to be built to Sherman Heights.
Office RS-— President and Treas., J. H. Warner; Vice-Pres. and'Seo.
Edwin Warner, Nashville, Tenn.—V. 67, p. 1206; V. 69, p. 78, 178; V.
72, p. 674; V. 73, p. 183.
($1,000)
—
RAPID TRANSIT OF CHATTANOOGATrolley.
Organization.—Chartered in 1897 as the Chattanooga Rapid
Transit. In March, 1»98, leased from the Belt Ry. the exclusive
right for 45 years to conduct passenger, mail and express traffic on
14 miles of the latter's lines, but in April, 1899, new lease made covering only mail and express business.
In January, 190t', name
changed to Rapid Transit Co of Chattanooga. Subsequently acquired
Signal Mountain Railway, reorganizing it as the Northside Consolidated Street Railway, and in Sept., 900, purchased the Chattanooga &
Lookout Mt. RR. Consolidation with these lines contemplated.
Bale. Interest. Outstanding.
Maturity.
STOCK
BONDS—
Stock, $350,000 (par $10°)
$350,000
1st Mort., $300,000, gold J 1900 5 g. F-A
300,000 Feb. 1,1925
($1,000 each)
c*( Inc. at Real Est. Trust Co., Philadelphia.
Of the $300,000 new mortgage, $200,000 was used to retire existing
bonds and $100,000 to complete line to Chickamauga Park, etc.
Road.—Controls and operates (not including Chatt. & Lookout Mt.
and Northside Consolidated St. Ry.) 16*2 miles of railway, 4 ft. B^ in.
gauge, fitted with 60 lb. T and 90 lb. girder rails, giving direct service
from centre of Chattanooga to National Cemetery, Highland Park,
8herman Heights, East Lake, Rossville, Ga.,and Chickamauga Na
tional Park. G-a
Extension of 5 miles under way to Alton, Forest Hill
1
&
Cemetery,
St.
Elmo and Lookout Mountain.
Officers.— President, J. H. Jeffries of Phiia.; Vice-President, Samuel
W. Divine of Chattanooga; Secretary and Treasurer, J. W. Pittock of
Phila.—V. 70, p. 430.
CHATTANOOGA & LOOKOUT MT. RR— Steam.
Organization— A reorganization of the Chat. & L. M. Ry. Operated
by and in connection with the Lookout Incline &. Lula Lake Ry., operating a cable road from Chattanooga to the top of Lookout Mountain,
0-88 miles. In Sept., 1900, was purcha sed by the Rapid Transit Co.
(1)
to the National Bank of
in liquidation, (which holds $483,500 of the stock and
$2,926,000 of the 5s of 1894) and a receiver was appointed. Edwin A.
Potter in March. 1900, succeeded the late Gen. McNulta as receiver.
The latter in April, 1899, received authority to issue $850,000 more
certificates, bearing 5 per cent interest, in part to pay off an indebtedness of $368,200, the rest for improvements.
Receiver— In May, 1897, control passed
Illinois,
now
STOCK
&
BONDS—
Bate.
Stock ($100) (see text)
Receiver's certificates
(authorized $850,000).
1st M., gold, red. at 110.
Cons. mort. ($3,000,000)
Interest.
Outstand'g. Last div.,
die.
$500,000
1899
1892
1894
c.
506,000
6 g. M-S
6,000 Sept. 1,1912
5 g. M-N
2,931,000 Nov. 1, 1909
DEFAULT— Interest due May 1, 1897, on 5s of 1894 was not paid.
ROAD— Operates a road, mostly doubled-tracked, embracing in all 77
miles of track owned and 3 miles leased. This road connects with
Cottage Grove Avenue Cable, Alley Elevated and Illinois Central, and
reaches South < hicago, Pullman, West Pullman, Auburn Park, Burnside and Manhattan Beach. 70, 83 and 85-lb. rails; 218 cars. Gen.
electric equipment. V. 69, p. 1063.
.
CHICAGO
5 p.
CITY RY.— Horse, cable and electric road.
Organization— Incorporated
in February, 1859, and has extensive
surface road privileges in the south division of Chicago. In Feb., 1898,
the Chicago City Ky. Rapid Transit Co. was incorporated with a capital of $1,000,000, to build an elevated road in Dearoorn Street from
the heart of the city to Thirtj -ninth street, to be used as a trunk line in
bringing in the City Railway Company's trolley cars.
Is understood to have acquired in 1899 the franchises of the prolected Union Transit Co., but it seems unlikely that these franchises
will be availed of.
STOCK
Bonds— Bate. Interest. Outstanding.
Last div., <£c.
&
Stk($100)$19,000,000
text,Q-M.31 $18,000,000 Sep.,1901.2i4%
Stock— Amount of stock was placed at 100,000 shares of $100
each, with right to increase the same at pleasure of the company.
January, 1896, $2,000,000 additional stock was authorized for building
new electric lines, making total stock $12,000,000; of this, $1,000,000
Issued July 2 and $1,000,000 on Oct. 2, 1896. See V. 62, p, 183 In
Jan., 1898, it was voted to increase the stock to $14,000,000 to provide for improvements. V. 66, p. 1188, 1236. Of the $2,000,000 new
stock, $1,000,000 allotted to stockholders at par in proportion to their
holdings was issued July 1, 1899. V. 68, p. 231, 1131. Another $500,000 also allotted at par (V. 71, p. 602) was issued Oct. 1, 1900. V. 70,
p. 1149.
on
Jan. 15, 1901, stockholders authorized $5,000,000 additional
making total authorized issue $19,000,000; $4,500 000 of the
new stock was issued July 1, 1901 (the new stock was offered at par
to shareholders of record June 15, V. 72, p. 183), to retire on that day
$4,619,5^0 outstanding bonds
stock outstanding being now $18,000,000.
DIVIDENDS— Usually 12 per cent, were in 1893, 24 per cent; in 1894, 12
p.c; 1895, 15 p. c; in 1896, 12p.c; in 1897, 12 p. c; in 1898, 12 p. c; in
1899, 12 p. c; in 1900, 12 p. o. In 1901, Marcb, 3 p. c; June 3 p. o.;
stock,
as
;
Sept. 30, 214 p. o.
&C—
On Jan. 1, 1901, company operated 209-82 miles of
Road,
track, viz.: Cable road, 34% miles; electrio, 173-20 miles; horse, 1-87
miles. Equipment Jan. 1, 1901: Cable grip cars (open), 251; cable
trail cars (closed, 308, and open, *61); electric cars (445 open and 523
closed); electric trail cars (open), 72; horse cars (closed, 7, and open7); cable mail cars, 4; electric mail cars, 4; total passenger and mall
cars, 1,882.
Annual Report—Fiscal year ends Dec.
31. Report for 1900 was in
and gave earnings, etc., as follows
Year ending Bee. 31—
1900.
1899.
1898.
V. 72, p. 240,
Gross earnings
Op. expen. and taxes
P.
cop.
$5,543,180
3.655,002
ex. to earns.
(65-94)
Net earnings
Interest on bonds
Reconstruction
Dividends (12 p.
$5,194,439 $4,832,806
3,325,677
2,926,490
(6402)
(6055)
$1,868,762 $1,906,316
$207,877
$207,877
50,000
90,000
1,575,000
1,449,997
1,440,000
$1,888,178
$207,877
c.)
Balance, surplus
$105,301
$160,888
$168,439
NET EARNINGS FOR 9 YEARS.
1900
1899
1898
$1,888,178
1,868,762
1,906.316
1897
1896-
1895
$1,907,534 1894.
1,831,658 1893.
1,669,098|1892.
,
.$1,425,934
.
2,637,949
.
1,591,510
—
STREET RAILWAYS
2±
Officers— President, David Q. Hamilton; First Woe-President,
Joseph Letter; 2d Vice President, W. B Walker; Treasurer, T. c. Pen
lugton; Seoretary, F. R. Greene; Auditor. C. N. Putty: General Manager, Rot>t. McCulloeh; Asst. Gen. Manager, Richard MoOnlloch.—V.
p.
2 40.
17
4.
1095. 1149; V. 71,
p.
608, 1012, 1219; V. 72,
p.
136, 183,
V. To. p. 44:4.
CHICAGO CITY RAILWAY TRANSIT COSee Chicago city Rail*
w.
ELECTRIC TRACTION-Trolley.
CHICAGO
—
Chicago Electric
Bnooasaor iu .inn., 1898. to Englewood &
Ry.. foreclosed per plan In V. 65, p. 728. Ou June IS, 1900, Charles
Henrotln was appointed receiver on petition of the trustees of the 1st
mortgage of 1*99. ou wliiob no interest has ever been paid. V. 70, p.
1194. Motive power was changed from storage battery to overhead
trolley in 1901. Receiver was authorized to Issue certificates, and
about' $200,000 had been issued to Nov. 1, 1901.
Dale. Interest. Authorized.
Maturity.
NEW SECURITIES—
Wock to be held.5 years)
$2,000,000
Historv
in votnii: trust
\
500.000 Jan. 1, 1929
1899 5 jr. J-J
Istmort.. subject to call)
Manhattan Trust 0o.,N. Y., &J. Kean, trus.
at 105, gold (sec text) s
Oonsol. niort. Incomes? 1899
5 A.
2.000.000 Jan. 1,1929
S
for B years
each
of
the
old
first
mortgage
bonds ($960,000)
of
holders
The
recognized as valid received in exchange per $1,000 bond, if subscrlDinc $300 in cash: First mortgage bonds, $300; consolidated mortgage. '$l.ooo: stock. $2,000. Roth mortgages may be increased to any
unount desired for new property, not in excess of $40,000 per mile
for first mortgage.—V. 68, p. 231.
Latest Earnings.— For 3 months ending Sept. 30, 1901. Gross,
$31,740; net. $11,173.
Earnings-—Calendar year 1900, gross. $94,1 18; operating expenses,
$30,73 4; net. $13,384; in 1899, gross, $83,838; operating expenses,
20; net, $13,418.
Road— In February. 1901, 28 miles of track were in operation— from
63d Street to Blue Island and Harvey.
Officers— President, Isaac L. Rice, New York; Vice-President,
Hoffman Atkinson, New York; Treasurer, J. S. Bache. New York;
Secretary and General Manager E. R. Gilbert, Chicago, 111.— V. 67, p.
1002; V. 68, p. 231, V. 69, p. 1063; V. 70, p. 175, 739, 1194, 1248.
CHICAGO & MILWAUKEE ELECTRIC
—A trolley road.
$1,000,000
1,000,000 July 1 1919
Int. at Standard Trust Co.. N.Y..& Clev.Tr. Co.
Cleveland Trust Co. and Royal Trust. Co.,
Chicago, trustees.
day at 105 arid int.
Or the $1,500,000 bonds authorized, $500,000 are held in reserve
and can be used only to cover 75 per cent of the cost of extensions
and improvements. V. 69, p. 178. 8inking fund of $50,000 per year
begins in 1910.
Gross, $132,160; net, $76,041
Latest Earnings- 51901
Gross, 108,789; net. 66,258
9 mos. to Sept. aO. < 1900
Yearly Earnings— For calendar year 1900, gross, $140,684; net,
$81,169.
Road— Length, 30 miles. Entire line, from Waukegan to Evanston,
was opened in August, 1899. It connects fifteen suburban towns,
havintr an estimated population of 70,000, with Chicago. A large
portion of road is built on private right of way and between Evanston
aud Lake Forest the road is double track.— See description of road
f
1899
5g. J.-J.
of stock of the two roads are to remain in trust
with the Illinois Trust A- Savings Bank of Chicago "for all time" as
security for the leases.— See V. 68, p. 1131.
On April 14, 1900, negotiations for the acquisition of the Chicago
Consolidated Traction wore consummated. The Union Traction paid
$45 in bonds of the Chicago Consolidated Traction bearing 4^$ p. c. interest aud guaranteed by Union Traction and $1 ?>0 in oashfor eaoh
share of the Consolidated company's stock. It is understood that
$13,500,000 of the total issue of $15,000,000 stock of the Consoli
dated Traction has been turned over under this plan.— V. 70, p. 791.
Company claims a 99-year franchise under the Act of 1665— see V.
p 1137.
72,
unthii.es.— There has been much contention as to the company's
franchises, and in June, 1901, company brought suit in the U. S.
Circuit Court to restrain the city from interfering with the West
Chicago and North Chicago roads. 8ee V. 73, p. 31. Company claims
a 99 year franchise under the aot of 1865. -V. 72, p. 1137.
In the matter of the taxation of franchises, an important decision
t'i
bearing adversely on all Chicago corporations was rendered by the
llinois supreme Court in October, 1901. See V. 73, p. 902.
STOCK and BONDS.—The $12,000,000 preferred stock was subscribed tor at par, a bonus of 50 per cent, however, being given In
oommon stock. -V. 68, p. 1225. There was thus $2,000,000 cash left
after the payment of $10,000,000 to Mr. Yerkes, and this $?,000,000
was spent for improvements and extensions of the lines acquired.
In December. 1899, both issues of stock were listed on the New York
Stock Exohange. V. 69, p. 1299.
Date. Rate. Outstanding.
Divid's,
Stock, com., $20,000,000,
par$100
$20,000,000
Stock, pref. 5p.c, $12,000,12,000,000
Oct, 1900,li4%
000, parSlOO, cumulative
Dividends— Dividends of 1*4 p.c. were paid on preferred shares Oct.»
1899, aud Jan., April, July and Oct., 1900. In Dec, 1900. it was decided temporarily to suspend dividends, and devote money to improvements. No dividends since.
Road— Total mileage of lines operated Jan, 1. 1901:
able.
Electric.
Horse
Total.
175-329
6-832
211-074
West Chicago St
28913
-940
75-020
North Chicago St
18120
91080
181-170
Chicago Con. Traction
181170
Grand
fiscal year ending June 30, 1901,
fraction lines. (See V. 73, p. 182.)
EARNINGS AND EXPENSES—
Uarnii.gs—
Passengers
Mail, etc
Chartered cars
Total
1
(.
in V. 67> p. 900.
OFFICERS— President, George A. Ball; Vice-President. A. C. Frost;
Secretary. George M. 8eward; Treasurer, J. W. Mauck; Gen. Supt.,
R. S. Ives.— V. 67, p. 900; V. 69, p 129, 178, 384. Office, 103 La Salle
Street, Chicago.
486324
not includ-
INCOME ACCOUNT.—
1900-1901.
$7,269,816
15,101
4,222
1900-1901.
$3,346,945
Net earnings
Other income, including $77 8,215 on stocks
and bonds owned
889,671
$7,289,139
,
)
7772
431519
total (single track). ..47-033
Annual Report— For
ing Consolidated
RY.
Organization— Successor by purelnse to Bluff City Electric St. Ry.
which operated a road between Waukegan and North Chicago.
Outstand'g.
Interest.
Maturity.
STOCK & BONDS— Date.
Stock, $1,000.000
1st M., $1,500,000. g.
($1,000 eaoh)e.; may
be called any int.
Company's holdings
Total
—
Expenses
M lint, of way, etc
$198,929
Maint. of equipment...
351,938
Couduct'g transporta'n 2,735,362
General
655,965
$4,216,616
Deduct—
Taxes
$320,296
Rentals
3,665,080
Interest on loans, etc
70,196
(Ii4p.c.)
Div.onpf.stk.
150,000
. .
Premium on bonds purchased
Total
2,468
...
$3,942,194
Total
$4,208,040
Net earnings.
$3,346,915 Surplus
$8,576
OFFICERS.— Chairman of the Board, Jesse Spalding. Chicago; President, John M. Roach. Chicago; 1st Vice-President, R. A. C. Smith, New
York; 2d Vice-President, Walter H. Wilson, Chicago; Secretary and
Asst. Treasurer, Markham B. Orde; Treasurer, James H. Eckles. V.
68, p. 725,928, 976, 1075. 1131, 1225; V. 69. p. 78, 228, 384, 441,
1103, 1147, 1247, 1299, 1300; V. 70, p. 791, 1095; V. 71, p. 28, 179
236. 1268, 1310; V.72, p. 437, 722, 775, 1079,1137; V.73,p.3l,l 82,236'.
(1)
CHICAGO CONSOLIDATED TRACTION.— Electric roads.
On
April 14, 1900, the directors of this
ment for the absorption of the company
company authorized agreeby the Chicago Union Trac-
The latter company paid $45 in Chicago Consolidated Traction
bonds, guaranteed by the Chicago Union Traotion, and $1 50 in cash
for eacii $100 of stock.— V. 70, p. 791. Sutro Bros. & Co. of New York
sought to have the arrangement declared invalid, but Judge Gibbons,
at Chicago on April 17, 1901, refused to grant an injunction.— V. 72,
p. 775.
Organization— The Chicago Consolidated Traction was organized
in Feb., 1899, to unite the suburban lines of North Chicago and West
Chicago. It acquired the stock of the following roads (V. 68, p. 769).
Stock
^-Trac. Slk. Iss.Therefor.-,
tion.
RY.— An electric road.
CHICAGO GENERAL
October
21, 1893, for 50 years. The
Ry. (formerly leased) was purchased in May,
1S96. and consolidated. Bonds ($500 and $1,000 each) authorized
$3,000,000. reduced from $10,000,000 in Dec, 1896.— V. 63, p. 1114.
On Sept. 7, 1899, instituted 2!«-cent fares on its branch lines (selling
10 tickets for 't~> (X nts), without transfer, however, to main line.
Dissensions arose between stockholders and holders of floating debt
and on April 14, 1900, President J. H. Witbeck filed a bill for the appointment of a receiver, and on the 17th Frank H. Seliers of Chicago
was appointed receiver. On Feb. 25, 1901, the Merchants' Loan &
Trust Co., trustee of ihe general mortgage, nled its bill of foreclosure,
and on May 23, 1901, th-> Northern Trust Co trustee of the West &
South Towns bonds, filed its cross bill in the same suit. Frank
Sellers was appointed receiver under these actions also. A reorganization committee consisting of James P. Black, Lyman M. Paine and
Glenn E. Plumb, proposed that bondholders surrender one-half or more
of their bonds for cancellation, accepting double the amount in
stock. They were asked to deposit their bonds with the Real Estate
Trust Co. of New York. No definite progress, however, has been made
with the reorganization. A stockholders' committee consisting of
Chas L. Bonney General Counsel of the Company) and Wm. A. Goodman and Joseph P. Mahoney, all of Chicago, has also been formed.
Interest on the $1.43s,000 of gen. mortgage 5s was defaulted May,
1900. and on the West & South Towns 6s in August, 1900.
Date. Int., Etc. Outstand'g. Maturity, etc.
BONDS—
STOCK
$772,350
8fk, $10.000.000<par$100)
1895 5g.M-N
1,438,000 Nov. 1,1935
Gen. M., $3,000,000, g.)
Trus.
IsM
Loan
<fc
Tr. Co., Chicago.
l.aft. 10 yrs.at 105 $
16
.F-A
290.000 Aug., '02-12
W.<VS.Towns,l-tM.,K...
Northern
the
trustee
Is
Trust
Company
of Chicago.
The mortgage
Road— Owns 30 miles of track; extends from Wabash Ave. to 40th
Avi. on 22d St., also on 25th St., Lawndale Ave., Kedzie Ave., Hoinan
Organization— Incorporated
West
&
South Towns
St.
,
H
l
&
.'
'
Ave. and Tnroop St.
Officers — President",
J. P. Black; Vice-President, Secretary and
Treasurer. C. L. Bonney.— V. 66, p. 183; V. 70, p. 739; 841, 894. 1290;
V. 71, p. 340, 1219; V. 72, p. 33^, 437.
CHICAGO & SOUTH SIDE RAPID TRANSIT
RR.-i".u,i,i;v ELEVATED")—Bbi Sooth Bids Blbvatsd.
UNION TRACTION.-Cable and
CHICAGO Incorporated
Organization.—
in
Illinois
June
8, 1899,
by
i
,
Chicago Electrio Transit
North Chicago Electric
Chicago North Shore St. Ry
North Side Electrio
Evanston Electrio
the
i.i
Outstand'g.
Mate.
$
%
1,500,000
2,000,000
Leased to
1,500,000
1,000,000
2,500,000
Cicero & Proviso
2,000,000
Ogden Street Railway
Chic. & Jefferson Urban Transit 2,000,000
Amount.
$
250
3,750,000
175
3,500,000
North Chicago Electrio.
200
3,000,000
50
500,000
62
1,550,000
55
1,100,000
55
1,100,000
12,500,000
14,500,000
In addition, $500,000 of Chicago Consolidated Traction stock was
sold for cash, making with the foregoing the full total of $15,000,000
Stock is listed on the New York Stock Exchange.
stock outstanding.
Outstand'g
Date. Interest.
Maturity.
BONDS—
Stock
$15,000,000
8tock, $15.000,000
6,750,000 Dec.1,1939
New 1st mortgage gold? 1899 4 k. J-D
{Int. at Equitable Tr. Co., Chicago, Trustee,
$6,750,000
Tbenew bonds for$6,750,000 are guaranteed, principal and interest,
by the ChloagO Union Traction. The Chicago Consolidated Traction
when it was organized assumed the bonds of the constituent companies
(which it agreed to guarantee) and also the lease of the Chicago North
Shore street Railway under which 6 per cent dividends are paid on
the $650,000 stock of the latter. The statement to the New York
Stock Exchange under date of March 27, 1899, showed that the mortage indebtedness of the constituent companies issumed aggregated
f 6.085,0(0, including the $650,000 stock of the < hicago North Shore
Street Railway. Below is the debt of tho constituent companies in
detail. By the terms of the several trust deeds of these mortgages, no
additional bonds can be Issued except lor construction, and then for
only 75 per ceDt of the actual expenditure therefor.
&
Obligations of Subsidiary Compaulas.
electric.
klns-Widener Whitney (syndicate and purchased for $10,000,000 cash
k of Chas. T. Yerkes in the W'es' Chicago
_-o roads.
These holdings consisted or $3,200,000 West
Nor:
loo.ooo North Chicago stork. Subsequently the
Chi'
for a yearly rental equal to
two
for a
k and tbe No]
nal to 12
selng dated June 1, 1899. By a triper
entered into on the same date the Union Traction
tl
car'
>
Name.
CHICAGO ELECTRIC TRANSIT.
Date. Int'st. Outslandng.
Maturity.
IstM., guar., no option ($1,000) 1894 6 F-A $1,097,000 Aug. 1, 1914
Interest is payable at office of trustee, the Illinois Tr. & Savings Bank.
This mortgage provide! tor the issue of $2,000,000 bonds at
not exceeding the, cost of Improvements, extensions, etc., and for
additional bonds at not above 75 per cent such cost. Of the $1,097,000
d, $"442,000 are guaranteed by the West Chicago Street RR. and
$255,000 by the North Chicago Street RR.
BONDS
—
J
)
.
:
STREET RAILWAYS.
and $550,000 was offered
CHICAGO & JEFFEKSON URBAN TRANSIT.
Dale.
Interest.
Maturity.
Outstanding.
6 M-N
$208,000 Nov. 1, 1915
1st M., guar, p.and L.West \ 1895
Chio. St. Ry., see text... S Interest at Chioago otlioe.
The first mortgage is for $2,000,000, but additional bonds may be
issued for extensions, etc. Trustee, Illinois Trust & Savings Bank.
CICERO & PROVISO STREET RAILWAY.
Maturity
Nov.l, 1904.
6M.VN
$84,000
1st mortgage, 1889
Interest on 1st mortgage at Fanners' Loan & Tfust Co., N. Y. City.
,0
May 1, 1915
$1,901,000
*1 & N
°iRq°! A'l 000
W' * 5Int
8t at IU Trust & 8av '« 8 Bank trustee.
Outstanding.
Interest.
M
™
CWc
'
>
$
St R'waj- end
Consols of 1895 are reserved to retire the outstanding firsts and
$500,000 for improvements at not exceeding 75 per cent thereof.
-
OGDEN STREET RAILWAY.
1st
M ($1,500,000)....
Date.
>
Interest.
6MN
1896
Maturity
May 1,1916
$750,000
Trust & Savings Bank.
Outstanding.
Trustee is Illinois
The supplemental mortgage, executed Jan. 22, 1898, limits the issue
of bonds to $1,500,000. Additional 1st 6s can be issued only for 75
per cent of the cost of new construction.
EVANSTON ELECTRIC.
Outstanding.
Interest.
Maturity.
Date.
Aug. 1, 1916
Mort. for $1,000,000 >
6 F. & A.
$130,000
Guar, by North Chicago Street Railway.
currency
S
NORTH SIDE ELECTRIC STREET RAILWAY.
Dale.
Interest. Outstanding.
Maturity.
.+155,000 Nov. 1, 1915
6 M-N
let M. cur., gu. p. & i. ) 1895
(end.) by No.Ch.St.RR. S Trustee, Illinois Trust & Savings Bk. Chicago.
Interest is payable at Chicago office or the fiscal agency. The first
mortgage provides for the issue up to $1,500,000 at not exceeding the
cost of construction further bonds can be issued at 75 per cent of
oost of extensions and improvements. (See guarantee V. 62, p. 414.)
gu.p&i,W.( hic.end.
\
,
;
NORTH CHICAGO ELECTRIC RAILWAY.
.
41 end
The bonds are guaranteed, $688,000 by North Chicago, $180,000 by
West Chicago Street RR.
CHICAGO & NORTH SHORE STREET RAILWAY.
Date.
Interest.
Outsland'g.
Maturity.
Capital stock,6p.c.guar.
6 Q.-J. $650,000
1894
6g. A-O
675,000
Apr. 1, 1912
1st M., $1,500,000, g.,
guar. p. & i. (end)
Subj. to call at 105 any Apr. 1 after 1905
").oM
The bonds, guaranteed by endorsement by the North Chicago Electric
Railway, and the stock guaranteed 6 per cent per annum by the same
oompany, are listed on the Chicago Stock Exchange.
Interest is paid in New York by Chase Nat. Bank and in Chicago at
Illinois Trust & Savings Bank, Trustee.
Earnings. —Earnings of Chic. Consol. not repoited, but in arguing
before the Board of Review the company's attorney stated that from
date of organization to June 1, 1901, the company liad failed to earn
its fixed charges by *386,000. Earnings of the constitutent companies for the year ending Dec. 31, 1898, were reported as follows:
Gross, $1,026,780; net, $406,292; fixed charges, $337,458; balance,
surplus, $68,834.
ROAD-— The property embraced in the constituent companies consists of 181 17 miles of single track electric street railway, located in
the City of Chicago, the township of Cicero, and the City of Evanston,
The lines extend over the entire north, northwest,
all in Cook County.
west and southwest sections of the City of Chicago and connect at
their respective terminal points with the lines of the North and West
Chicago Street RR. systems, over which passengers are carried originating on the lines of the Consolidated Traction and vice versa.
Rails are Johnston-girder, 75 to 85 lbs.; gauge 4 ft. 8*q in.
Equipment.—Motor cars, 269; trailer cars, 62; motor equipment 208.
Officers and Directors.— President, John M. Roach; Vice-Presdent, Edwin S. Harw- 11; Secretary atd Treasurer, C. F. Marlow.
Transfer and General Offices— 54 Wall 8treet,New York, and 444 North
Clark Street, Chicago.— V. 68, p. 86, 330, 472. 722, 769, 976, 1147, 1247.
1299. 1300, 1345; V. 70, p. 39, 429, 791, 1048; V. 71, p. 28, 181; V. 72,
p. 775.
(2)
NORTH CHICAGO STREET RAILROAD.
of Illinois in 1886 " to
construct, lease, purchase, or otherwise acquire horse, dummy and
street railroads in Chicago and Cook County, Illinois." It controls the
surface street railroad system in the North division of the city of Chicago, through the purchase in 1886 of 2,501 shares out of a total of
5,000 shares capital stock of the North Chicago City Railway Co., said
road being leased for 999 years from 1886. Franchise 99 years from
Feb., 1865. Annual payment to city for electrical franchise, $25,000;
car license, $50 per car per annum, 3 trips per day to a car.
In February, 1899, all the suburban leased lines of the North Chicago
and West Chicago systems were united under the name of the Chicago
Consolidated Traction, which see above.
In June, 1899, the North Chicago was leased to the Chicago Union
Traction for a yearly rental equal to 12 per cent on the stock.— V. 68,
p. 1131.
Organization—Incorporated under the laws
1
STOCK AND BONDS—
Date.
Outst'dina. Last div. dc.
$7,920,000 12% per year.
1st mortgage ($500), &o. > 1886
1906-9-16
3,171,000
See text. Currency.... 5 Trus. Fide'y Ins. Tr. & Safe Dep. Co. of Phila.
CO Ol ef
r
g
1,614,000 Apr. 1 1931
800 000 gSd ($i C00*' I 1901 **«• A- O
Northern Trust Co. of Chicago, t rustee.
Series A ..„:.
.. .
c* )
N.,C. City Ry. Co. stock
30 Q-J
See text. 30% per year.
1st mort., our'cy($1.000>. 1880
4 J500,000
July 1,1927
2d M. ($2,500,000) cur. ) 1887 4*2 M-N
2,500,000
Nov.1,1927
Trustee, 111. Tr.& S.Bk. $ Subject to call at any time.
Stock of N. Chi. City Ry. Co. not owned by N. Chi St. RR. Co., $249,900 (par, $100), receives an annual rental of $30 per share. North
Chicago City stock for $250,100 is owned by North Chicago Street RR.
Bonds.— Under the North Chicago Street RR. 1st mortgage the
following bonds have been issued: Dated July, 1886, due 1906, $1,£?
^00,°l July 1889 due 1909 $1,250,000; Jan., 1896, due 1916.
$421,000. The Noith Chicago City Ry. ist mortgage for $500,000
w orlglnally a 6 P er cent issue, but when bonds fell due July 1,
1900, they were extended fcr27 yearsat 4 per cent. See V. 70, p. 1 1 95.
Under the consol. and ref. mtg. the company covenants not
to issue
any n.ore bonds under this mortgage.
Of the $4,80 ',000 consol. and ref.
of 1901, $1,614,000 "Series
A were issued to retire the old 6 p.bonds
c. debenture certfs, $3,171,000
are reserved to take up the first mortgage 5s due in 1906, 1909 and
1916, and $15,000 to pay off a mtg. on Dearborn Street property.
Has guaranteed $649,000 North Chicago Electric Ry. and $255,000
a
:lec ic Transi t bonds; also North 8ide Electric St. Ry.,
«i«
S?«fbonds,
$155,000
and Evanston Electric Ry., $130,000 bonds.
Stock—North Chicago Street stock for $1,100,000 was issued in
January, 1896, of which $550,000 for part payment of extra dividend
Stock ($10,000,000) ($100)
Interest.
Q.-J
5 J- J
....
to stockholders at par.— See V, 62, p. 41. In
April, 1898, $1,320,000 additional stock was sold to stockholders
at par to retire #500.000 certificates of indebtedness of 1891 (the $298,000 outstanding balance of which was called for payment July 1. 1900)
and for extensions, etc This increased outstanding stock to $7,920,000, of which $5,920,000 is held by the public and $2,000,000 in trust
as above— V. 66, p. 761, 811; V. 70, p. 46, 1195.
DIVIDENDS. \ 1892. 1893. 1894. 1895. 1896. 1897. 1898. 1899. 1900.
12
12 Below.
12
12
12
12
percent.
5
11^ 12
In 1896, 12 p. c. in oash, and 20 p. o. extra (10 p. o. in stock and 10
in 6 p.o. certificates of indebtedness).
Miles.
18 12 Electric trolley
Cable
•94
Horse
p. c.
Road—
I
Mites.
|
75-02
1
94-08
Total track operated
Annual REPORT— Now operated by Chicago Union Traction and no
Report for 1898 was in V. 63,
separate report made.
earnings as follows:
Tear ending Dec.
Gross receipts
Net earnings
31—
Int., rental, taxes, eto
Dividends paid
p. 127,
1896.
$2,913,710
$1,519,322
524,231
(12%)758,901
1897.
$2,911,551
$1,591,625
636,462
(12%)791,943
1898.
$3,015,323
$1,624,642
543,665
(12%)870,957
and gave
$236,190
$163,220
Balance, surplus
$210,019
Officers.— President, John A. Rose, Chicago Vice-President, H.
F. Keegan, Chicago; Secretary, F. E Smith; Treasurer, M. B. Orde.
;
V. 70, p. 946, 1195; V. 72, p. 242, 722.
(3)
WEST CHICAGO STREET
RE-
ORGANIZATION— Incorporated July 19, 1887 under laws of Illinois.
LEASES.— Control of the Chi. W. Div. Ry. (96 miles track) was acquired through purchase of a majority of its shares (6,251) of capital
stock, and the road leased for 999 years from Oct. 20, 1887, at an
annual rental of $35 per share, the principal and interest of its bonds
being assumed— see V. 65, p. 281. Of the Chicago Passenger Ry. Oo.
(34 miles track) stock, the Chi. W. Div. Ry Co owns a majority ($730, 100),
and the road was leased March 15. 1889; lease extended in 1897 for 50
years to the West Chicago Street RR. The West Chicago St. RR. Co.
agrees to pay 5 per cent a year on capital stock of the Passenger Ry.
.
Date. Interest. Outsland'g. Maturity.
1st M., $1,000,000 ($1,000) 1QQ
„ tj, A
vafionnn Aug.
a,,,* i i1914
Q1 ,
$8b8,000
1,
Tint- s llTieet tn Mill
n ( 1894 b b - A
p<
^Int. at Illinois Trust (trustee), Chicago.
m
25
Co. and to guarantee its fixed charges. The West Chicago formerly
leased Cicero & Proviso St. Ry. and Ogden St. Ry., but these roads have
now passed to the Chicago Consolidated Traction.
In Feb., 1899, all the suburban leased lines of the North Chicago and
West Chicago systems were acquired by the Chicago Consolidated
Traction, which see above.— V. 68, p. 86, 769, 195.
In June, 1899, the West Chicago was leased to the Chicago Union
Traction for a yearly rental equal to 6 per cent on the stock.— V. 68,
p. 1131.
Date.
Interest. Outstand'g. Last div., <£c.
BONDS—
STOCK
Stock, $20,000,000 ($100). text.
Q.-F. $13,189,000 6%peryear.
1st mortgage, $4,100,5 1888 5
M.-N.
3,864,000 May 1,1928
c ( Trustee, LUinios Tr. & Sav'gs Bank, Chicago.
000, $1,000, s. f
1894 6 J " D
497,000 Dec. 1, 1914
Debentures $1,000....
<B1 000
o* J
Debentures,
c
£ Subject to call at par after 1899.
Consol. M., $12,500,000g. S 1896 5g. M.-N.
6,136,000 Nov. 1, 1936
($1,000 each)
o* t Trustee, Cent. Tr. Co., N. Y. & G. Sherman.
1
&
-
-
Sttibsitdiairxt LiytGS'^^
F. -A. $1,500,000 Feb. 1, 1909
Trustee, Illinois Tr. & Sav'gs Bank, Chicago.
1928-9
Power house mortgages.1888-9 5 p. c.
204,000
Chi. W. D. Ry. Co. st'k 100
$35 Q.-J. 20 See text. 35% per year.
W.Ch.St.RR.Tun.Co.lst< 1889 5
guar. p.
&i
end.
o. I
lstmort. 4*28, ($l,t00)..
Chic. Pass. Ry. Co. stock
1st mortgage, cur
Consols. $2,000,000 cur-
rency
4,070,000 July 1, 1932
1,340,300 5% per year.
F.-A.
400,000 Aug. 1, 1903
1885 6
< 1896 5
J.-D.
1,600,000 Dec. 1, 1936
Trustee, Equitable Trust Co., Chicago.
(
1892 412J.-J.
5
payable at company's office.
Bonds.— Ol the $12,500,000 consols under the mortgage of Novemcan be issued only on retirement of an equal
amount of the outstanding first mortgage 5s, and $2,500,000 for improvements and extensions at 75 per cent of the cost thereof.
The mortgage covers 202'7 miles of track, including West Chicago
Street RR., 72-7 miles (owned); Chicago West Division Ry., 96 miles
(leased), and Chicago Pass. Ry., 34 miles (leased). See V. 64, p. 176,
Interest is
ber, 1896, $3,864,000
333, 472. Chicago Pass.Ry. consol. 5s are reserved to retire the 1st 6s.
—V. 65, p. 235. The $497,000 of West Chicago debentures were on
March 27, 1901, called for payment June 1, 1901, but call afterward
rescinded;
Chicago West Division Stock is $1,250,000, of which $625,100 is owned
by the West Chicago Street Co., the remainder ($624,900) being guaranteed 35 per cent yearly under the lease. Chicago Passenger Railway
stock $2,000,000, having been increased from $1,000,000 in 1896,
but only $1,340,300 stock has been issued. The West Chicago St. RR.
Co. guarantees under operating contract 5 p. c. on stock, of which
$730,000 is owned by West Chicago.
General Finances.—Application dated June 29, 1897, for listing
the stock and bonds on the N. Y. 8tock Exchange was given in full in
V. 65, p. 281, including general balance sheet ol June, 1897, and detailed information regai ding the leases and finances of the company.
DIVIDENDS— ) 1889. 1890. 1891. 1892. 1893. 1894. 1895 to Nov.15,'01
per cent..) 5
6 per ann.
6
9
9
5
7H
ROAD. —Owns and leases 21107 miles track, operated as follows
Cable, 28 91 miles; electricity 17i 33 miles; horses, 6*83 miles.
-
Annual Report.—No separate
in V. 68, p. 1^7, showing:
Tears endina Dec. 31—
Gross earning^
Operating expenses
reports now.
Report for 1898 was
1898.
$4,031,903
2,017,946
1897.
$3,899,918
1,929,664
$2,013,957
$1,970,254
1896.
$4,018,948
2,138,378
,
.
'
^
F
.
>
>
Net earnings
Rental of leased roads
Coupon
interest
Other interest and taxes
)
}
)
Balance for dividends
Dividends paid
(
1,198 000
1,136,185-}
t
815,957
791.340
$834,069
791,340
$1,880,570
$493,408
241,800
280,907
$864,455
791,340
sur.$73,115
Balance
sur.$42,729
sur.$24,617
Total surplus Dec. 31
$1,795,733
OFFICERS.— President, John A. Rose, Chicago; Vice-President, H. F.
Keegan, Chicago; Secretary, F. E. Smith; Treasurer, M. B. Orde.— V.
69, p. 78; V. 70, p. 634; V. 72, p. 675, 1079.
GENERAL ELECTRIC RAILWAYobtained a twenty-year
Organization— On January,
18, 1896,
fran-
chiseforasystemof lines from the Dearborn Station, south on Plymouth
and ustom House Places, to Dearborn Street, and in February, 1897,
additional franchises were granted, which, together with the firstnamed cover 56 mllesof track. Is in operation from Dearborn Station south to T wenty-second St., embracing 2si miles of single track.
The company agrees to pay the city 5 p. 0. of gross for second five years
of franchise, 7^ p. c. for third five years and 10 per cent for last five
years. In 1897 leased to Metropolitan Traction Co. for $5,000 yearly
but lease since rescinded.
<
4
:
STREET RAILWAYS.
26
STOCKS
& BONDS— Date.
Interest.
Outstanding.
Maturity.
|
$s.ooooob
Stock. $5,000,o00
abt. 500,000
Oct.. 1916
1896
Mortgage authorizes a first issue Of $3,000,000. then $2,000,000 for
extensions, and additional amounts at 85 per cent of cost of Still
furtlier extensions ami Improvements. Trustees. Title Guarantee &
Trust Co. of Chicago and state Trust Co. (now Morton Trust) of New
1st'
York.— V. 66, p. lis-.
OFFICERS—President.
J.
I>.
Baldwin,
R.
Sew York
BALANCE SHEET OF FEB.
—
City: Vice
Pref stock in treasury.
Securities in
hands
291,900
purch'g committee..
26,461
246,422
23.567
19,060
Materials on haid
Accounts receivable
electric road.
Extension
In Feb., 1901, a syndicate headed by Blair A Co. purchased the
Yerkes holdings in the Lake Street Elevated, the Union Elevated, and
the Northwestern Elevated, and an early consolidation of these roads
Is looked for.
Organization— Chartered August 24, 1892. The Ziegler bonds having been acquired and the scaling arrangement carried out, the old
bonds have been re-issu*»d as provided under plan of February, 1895
(in V. 60, p. 391). Tie voting trust likewise has been dissolved. On
Jan. 28, 1901, the shareholders authorized the purchase of the Chiocago A Harlem Ry., the consideration being $1,275.000 1st mtge. 5 per
cent bonds this Includes the $2 18,000 bonds of the Chio. A Harlem,
which are to be retired. With the $1,275,000 the Lake Street Elevated lsts outstanding will be $5,860,400.
As to liability of elevated roads for damages to adjoining property,
Park
BONDS—
Date.
Outstand'g. Maturity,
Interest.
p.
METROPOLITAN WEST SIDE ELEVATED
See. V. 58, p. 866.
High? of
way
is
largely
owned
in fee
and mortgaged to secure, tin; bonds; March 1, l<)01, had 79 motor cars,
226 passenger cars and 10 other cars. Gauge, 4 ft. 8*2 in.; 56 new
.',1900 The extensions begun under the new ml gc.
cars'
are I "8 miles of double-track elevated, known as the Douglas Park
Branch, and 4 mile elevated and Incline, Garfield Park Branch.
The^e are to be completed early in 1902.
Report— For fiscal year ending June 30:
Passenger earnings
Miscellaneous earnings
ross earnings
Operating expenses
< •
1901.
$1,614,099
61,8t;4
$1 ,675,963
704,5
1
1900.
$1,550,409
53,052
$1,603,401
682,088
Netearnings
$971,449
$921,373
Charges in 1900-1: Rentals. $194,088; taxes, $60,000; sundries, $325;
net applicable to bond interest and dividends, $717,036. Interest on
bonds, $388,820; dividends at
3^%, $304,783.
Surplus, $23,433.
Total
$26,953,016
1
1
34.
1st
l8tM„$5,000,000($l,000),
)0),>
) 1900
Jan. 1. 1940
5g iT _j
5(000 ,000
gold; may be called at>
Int. at Illinois Tr. A Sav. Bank, Trustee.
105 any interest day ..c*>
S 10,000,000
Sept. 1,1911
First refunding mortgage 1901 4g
$25,000,000, convertible \ Interest at Illinois Trust A Savings Bank,
Chicago, trustee, or Blair & Co., N. Y.
(gold)
)
Bonds —Of the new $25,000,000 mtge., $15,000,000 is the amount of
the present issue, to be used as follows, and the balance to be held in
the treasury
Purchase of $5,000,000 Union Elevated RR. stock at 125.. .$6,250,000
Redemption of $5,000,000 Northwestern Elevated 1st M.
5,250,000
5s at 105 (called for payment Jas. 1, 1902)
Retirement of $750,000 Northwestern Elevated 5 per cent
750,000
certificates of indebtedness
Thenew bonds are convertible at the option of the holder into preferred
stock, and can be redeemed at any time at tfie option of the company
at 102*2 and accrued Interest on or after Sept. 1, 1906. If called
for redemption, the holder will have the right even then to take preferred stock in lieu of cash. V. 72, p. 1081.
Voting Trust. Both the common and preferred stocks have been deposited with the Illinois Trust A. Savings Bank, depositary, under
voting trust agreement, vesting control of the company in the hands
of the voting trustees, consisting of John J. Mitchell, Marshall Field
and James A. Blair, until March 1, 1906. If at that time the full 5
per cent dividend on the preferred stock has not been paid for three
consecutive years, the voting trust continues until dividends shall have
been paid for three consecutive years on such stook.
—
—
&
electricity.
$26,953,016
M
V. 73, p. 32, 138.
Road— From the Board of Trade Building westerly about 5\ miles,
with branches; total length of road, 14-75 miles; the first 1 '67 miles
are four tracks, the rest two tracks, making total track miles 3117;
also leases the Union Consolidated Elevated (^2 mile) and has Joint
lease with other elevated roads of the Union Elevated or "Loop Line."
Road began using loop in October, 1897. The road is operated by
446
44,247
&
RAIL WAY— An electric road.
m
43,927
54,090
.
ORQANIZATION—This road was financed by a syndicate headed by
Co. of New York. All the right of way is owned in fee, except
Blair
at street crossings. Road was formally opened for business on May
31,1900. V. 70, p. 1049.
In May, 1901, the directors arranged to absorb the Union Elevated
RR. by purchase of stock at $125 per share. Tbe new mortgage for
$25,000,000 was authorized for this purpose. Northwestern stockholders were given the right to take $10,000,000 of the bonds at 90.
Authorized capital stock was increased to $25,000,000, to provide for
the convertible feature of the bonds.
Maturity.
Date. Interest. Outstanding.
STOCK AND BONDS—
8tock, $25,000,000
$5,000,000
Pf.stock.5 p.c, $25,000,000.
non-cum.
5,000,000
LOOP ROAD.— See Union Elevated.
'
Taxes aoorued (estimated)
Bal., profit and loss.
NORTHWESTERN ELEVATED RR-
;
uw
90.155
130,705
In
for 50 years, Capital stock 1b
mortgage bonds dated 1894, due June 1, 1914, $50,000;
trustee, Chicago Title A Trust Co. Owns 5 miles of track from 56th
to 68th 8treets on North Ave. Extension to Franklin Park plannod.
In May,'99, a controlling interest was acquired by Cleveland people.
Officers.— Pres't, B. Mahler; Sec, G. W. McKisson; Treasurer, Edward Moore.— V. 68, p. 1077.
Net revenue.... $379,293 $365,960 Surplus... eur. $4,752 sur.$3,640
Earnings for the year ending June 30, 1901, were, gross, $758,658.
Officers— President, Clarence A. Knight Vice-Pres., W. W. Miller;
Sec. and Treas., William V. Griffin 610 Roval Ins. Building, Chicago
— V. 70. p. 1"T4, 17K, 430, 687,894.1049, 1149; V. 71, p. 135, 1167; V.
FA
130,537
3,843
134, 339, 722, 936, 1080,
$50,000.
etc.
ORQANIZATION-Organized in Illinois Jan. 16, 1899. Successor on
Feb. 3, 1899 (per plan in V. 67, p. 126) to the Railroad Co. sold under
foreclosure on Jan. 4, 1899.
Date.
Interest.
OutstantPg. Maturity, etc.
Stock
Bonds—
Com. stock (vot. trust)...
$7,500,000
Pref.st'k, 5 p.c. uon-cum., >
8,708,100 Aug.j/,'01,2%
$9,000,000
\
1898
4
Aug. 1, 1938
9,458.000
*-?
1st M 310 000 000 (
* 'I > Cent. Trust Co., N. Y., and G. Sherman, trus.
ruin^' *^"i
c
'' golQ
Int. at Central Trust. N. Y. and Chioago.
)
1st Iff. Ext. $5,000,0001 1901 4 g. J-J
1,500,000
July 1, 1938
($1,000) gold, red. at! Northern Trust Co., Chicago, trustee. Int.
105 on any interest day f at company's office in Chicago, or Central
at 60 days notice
Trust Co., N. Y.
c* J
The title to the common stock Is vested for Ave years (unless
In any one year during that period dividends of five per cent shall
have been paid on the preferred stock) in Frederio P. Olcott, Walter
G. Oakman and Samuel Thorne, as voting trustees, who shall vote
only for directors receiving a majority vote of the preferred stock.
The voting trustees shall not vote to create any lienor charge upon or
for the lease or sale of the property of the company without the content of a majority in amount of voting trust certificates. —V. 67, p. 789.
The new extension mtge. of 1901 covers the extensions as a first lien
and the rest of the uroperty as a second lien, subject to the «10,000,000
1st mtge. Amount issued on present extensions, $1,500,000; reserved
for future extensions, $3,500,000.
Has guaranteed $407,000 bonds of Union Consolidated Elevated.
In .March. 1900. the New York Stock Exchange listed the 1st mtge.
bonds and the common and preferred stock.— V. 70, p. 737.
payable (pay-
NORTHERN ELECTRIC RAILWAY1894
5J "J
240, 283, 438, 1034, 1080, 1136;
32,693
Accts.
ORQANIZATION— Chartered
5,860,400 July 1, 1928
Equitable Trust, Chio., and Amer. Trust A Sav. Bank, Chic, trustees.
Incdeben..g.,non-cum., ) 18«5 5 Feb. 1
1,009,800 July I, 1928
$500 A $1,000 bonds. 0. s
Subject to call at 101 on any Feb. 1.
Company in June. 1901, agreed to limit issue of 1st mtge. bonds
to $6,000,000, but more may be issued with the consent of the Northwestern Elevated.— V. 73, p. 138.
Road— Owns in Chioago a double-traok elevated railway, Market
Street from Madison Street to Lake Street, thence to the Western city
limits, being G 2-5 miles, equal to 14^ miles of single track. Connects
with Suburban RR. for traffic outside the oity. V. 65, p. 236.
Trains
began running over the Loop line in March, 1897. Chicago A Harlem
forms an extension comprising 4 miles more of double track. Total
single track, ~Z miles.
Report— For years ending Dec. 31. Report for 1900, V. 72, p. 240.
1900.
1900.
1899.
1899.
Gross
$757,954 $697,513 Taxes
$13,6*0
$13,743
Oper. cxp
261,400
378,661 331,553 Int. charges. ..261,826
Loop rent'lAc. 99,065
87,177
72, p. 87, 137. 184,
Interest aoorued, not
OFFICERS— President, Dickinson McAllister; Vice-Pres., G. B. Harris:
Sec and Treas., George Higgtnson Jr. Office, 169 Jackson Boule"
vard, Chicago.— V. 70, p. 228, 328. 633, 737, 945; V. 71, p. 288; V. 72,
$10,000,000
cM^ffV^i 18M
$9,000,000
7,500,000
10,000,000
101,000
Div. unoalledfor
line
Total
see V. 70, p. 430.
&
Douglas
Other assets.
Extension
Garfield
Park Hue
;
Stock, par $100
—
Coupons unpaid
Cash
LAKESTRE ET ELEVATED RR.-An
28, 1901.
Liabilities
Road and equipment $2 5,974,979 Preferred stock
Bonds in treasury.
192,000
Chicago.
1
DIVIDENDS.— First div. on pref. Stock, 2>u per cent, Feb. 28, 1900 (out
of ea'iitngs for fiscal year ending Feb. 2^, 1900), and 2 p. o. Aug. 31,
liJOO, out of earnings for fiscal year ending Feb. 28, 1901, and l 1*
p. c. Feb., 1901; Aug. 31, 1901, 2 p. e.
Assets
Prest
Ferdinand Goes. Chicago; seeretary. Jos. 1). Goodman, Chicago
Superintendent. F.. K. Gilbert, Chicago. Of&oe, 324 Dearborn Street
Stock
.
i
EARNINOS-For vear ending June 30. 1901 Gross, $978,766; net,
int. and taxes, $306,036; rentals, $94,657; surp., $255,428.
The
road starts at the intersection of Wilson and Evanston
ROAD—
:
$656,121;
avenues, seven miles from the Court House, and has 552 miles of fourtrack, making 28 miles single-track. Right of way is all owned in fee,
except at street crossings.
OFFICERS— President, Clarence Buckingham; Vice-President, Chas.
Counselman: Sec. and Treas.. W. V. Griffin. Directors.— Clarence Buckingham, Charles F. Aver, Clarence A. Knight, Charles Counselman,
W. W. Miller, John B.Deunis, of Blair A Co. and W. V. Griffin.— V. 70,
p. 39, 76, 125, 329. 382, 687, 946, 1049, 1150; V. 71, p. 135, 1068;
V. 72, p. 439, 1081; V. 73, p. 32,237,287, 841,957.
(1) UNION ELEVATED RAILROAD.In September, 1901, Northwestern Elevated RR. purchased stock at
$125 per share (V. 72, p. 1082) and road is now known as the Union
Loop Division of the Northwestern "L."
&
Maturity.
Date. Interest. Outstand'g.
BONDS—
STOCK
$5,000,000 Oct., 1900, 2
8tock, $5,000,000 (par $100)
4,387,000 Oct. 1, 1945
1895 5g. A-0
IstM., $5,000,000, gold....
Interest at Chase National Bank, New York.
REPORT— For fiscal year ending Nov. 30, 1900: Revenue from
lessees, $428,837 other income, $1,603 int. on bonds, $219,350; expenses not borne by lessees. $34,746 balance, surplus, $176,344. In
1898-99, surplus was $145,775.
Road—The loop is 1-98 miles in length, double tracked (80-lb. rails),
and runs on Lake St. to Wabash Ave, to Van Buren St., to Fifth Ave.,
Trains of the Lake St.,
to Lake Bt. Road opened Oct. 10, 1897.
Metropolitan West Hide, and South Side now operate over the loop.
OFFICERS— President, John B. Dennis; Vice-Pres., Clarence Buckingham; Sec. and Treas., W. V. Grittin.-V. 66, p. 762; V. 68, p. 279, 284
V. GO, p. 492; V. 70, p. 585; V. 72, p. 88, 439, 1082.
;
;
;
CITY RAILWAY COSOUTH CHICAGO May
Operates two
1883.
31,
ORQANIZATION— Incorporated
from Jackson Park to 106th Street and the Indiana State Line.
mond Whiting A East Chicago is controlled in same Interest.
lines
Ham-
—
J
:
;
STEEET RAILWAYS.
—
A
Maturity.
Date. Interest. Outstand'g.
BONDS
STOCK
$1,603,800
Stock ($2,000,000 auth.)
50,000 July 1,1910
1890 5 Jlet mortgage, currenoy....
1893 5 g.A-O
1,513,000 Apr. 1,1913
let mort. $5,000,000, gold)
v
$l,000c
> Int. at Illinois Tr. &Sav. Bk., Trustee. ChioROAD Owns 34 miles of track in Chicago ana controls tue Grand
Crossing & Windsor Park RR. Co., 3 miles; total 37 miles. Rails
75 and 85 lbs. Hammond Whiting & E. C. Electric gives a line to
Whiting, East Chicago and Roby (Ind.), and makes a direot route of 14
miiles from 63d 8t- and Madison Ave., Chicago, to Hammond, Ind.
OFFICERS— President, D. F. Cameron; Vice-President, D. M. Cummings; Secretary, Treas., O. S. Galther.— V. 67, p. 1002; V.69,p. 1063.
—
SOUTH SIDE ELEVATED
VATED")— An electric road.
RR.-(" ALLEY ELE-
Organization— Successor January, 1897, to Chicago & South Side
R. T. RR. (foreclosed per plan V. 63, p. 1158). July 31, 1900, the Appellate Court sustained the validity of the foreclosure.— V. 71, p. 236.
ROAD— Owns elevated road in operation in Chicago upon a purchased
right of way from Congress Street to Jaokson Park, 8 56 miles of
double and triple track; total single track, 19*44 miles. Operation
of trains over the " Loop " (Union Elevated) began Ootober 18, 1897.
Electricity was introduced as motive power late in April, 1898.
Date. Interest. Outstanding.
Maturity.
BONDS—
STOCK
Q-M $10,323,800
Stock, $10,323,800
Oot.,'01,"l%
1st mort., $1,500,000, ) 1897
750,000
July 1, 1907
ihs
red.,seetext; currency. $
Trustee, 111. Tr. & Sav. Bank, Chicago.
Bonds.— Of the $1,500,000 authorized in April, 1897, $750,000 are to
be held for future improvements and additions. Bonds are redeemable within tive years from date at 105 and after tive years at 102,
denominations are $500 and $1,000—See V. 64, p.843.
Dividend.— First dividend of 1 per cent (out of earnings for four
months ending April 30, 1899) was paid May 1, 1899; then Sept. 1,
1 per cent; Deo. 30, 1 per cent. In 1900, 3 p. c. In 1901, Mar., 3» p. c.;
June, % p. o.; Oct., 1 p.
V. 73, p. 495.
-
&
c—
Annual Report— For years ending June 30: (Report year ending
Dec. 31,1900, in V. 72, p. 336).
1901.
1900.
Gros8rec't8.$l,332,993 $1,258,379
^Jftt
ft
1901.
1900.
Sur.forstock$446,497
$510,572
Dividends.(3) 309,714 (3^)361,333
f fcftT*
Ac
*480,247
33,750
taxes,
Interest
544,322
33,750
Bal. for year $136,783
$149,239
*Aiter oharglng $66,003 to depreciation.
OFFICERS— President, Leslie Carter; Vice-Pres., A. A. Carpenter;
Secretary and Treasurer, J. H. Glade Auditor, H. F. Hardy. Office,
47 Congress 8t., Chicago.— V. 70, p. 227, 430, 481, 248, 1250; V. 71, p.
236; V. 72, p. 243, 336; V 73, p. 495.
;
SUBURBAN RAILROAD-A
Stock, $1,250,000
$1,250,000
1,250,000 Mar. 2, 1916
Tni8tee i8 Cnicag0 Title & Trust Co
Of the $3,000,000 bonds authorized, $1,250,000 were issued to build
the road owned and to equip a portion of the leased lines with trolley.
The remainder may he issued for extensions built and equipped at
$50,000 per mile for double and $30,000 per mile of single track.
Road— Owns 33-5 miles of track, extending from terminus of Lake
Street Elevated at 52d Street and Metropolitan Elevated at 48th
Street, through city of Chicago, Cicero, Grossdale, La Grange, etc.
Leases from the Chicago Terminal Transfer RR. (for 50 years) the
Chicago Harlem & Batavia and Chicago & Southwestern roads to
Harlem race track, Austin, Ridgeland, OaK Park, etc., 24 miles of
track. Total track operated, 57-5 miles, all trolley except C. * S. W.
tracks from Harlem to River Forest and along West 16th and 19th sts.
OFFICERS— President, L. S.Owsley; Vice-Pres., F. H. Roeschlaub;
Sec and Treas., E. C. Veasey; Supt , J. Whitsell.— V. 64, p. 331; V. 65,
1896
5
^
5g.
M-S
p. 236.
UNION CONSOLIDATED ELEVATED RY-
Orqanization— Formed in 1896 and built from Union Elevated at
5th Ave. west to Market St.; thence to the Metropolitan W. S. El.; operates
-"a
Stock
mile.
&
Bonds—
Date.
Outstand'g.
Maturity.
$1,000,000
Series "A" 1st mort., gold,) 1896
5 g M-N
407,000
Nov. 1, 1936
gu. p. &1. byMet.W.S.El. 5Trustee,G.8herman,V.-P't,Cen.Tr.Co.,N.Y.
Mortgage $1,000,000, of which $500,000 series A. -V. 63, p. 1065.
Officers-— President, George E. Newlin; Vice-Prest., C. V. Weston,
Stock
Sec.
& Treas., W.
Asst. Treas., R. A. Dunlap; Gen. Mgr.. R. I. Todd; Purch. Agt.. J. H.
Schoepf; Aud'r, W. H. MoAllister.— V. 72, p. 136, 391, 437, 1034, 1279.
CINCINNATI STREET RAILWAY.— Electric and cable road.
leased on Feb. 21, 1901, to the Cincinnati Traction Co. for the
unexpired term of the franchise granted by the oity of Cincinnati on
Aug. 13, 1896. and all succes-sive renewals and extensions of the same.
The rental is intended to provide dividends of 5*4 per cent for the first
year, 5^) for the second. 5% for the third and 6 per cent for the fourth
j ear, and thereafter.— V. 72, p. 136.
Organization.— Incorporated June 21, 1880, and in 1896 purchased
Mt. Adams & Eden Park and Mt. Auburn roads.
Outstand'g Last div., die.
Par. Interest.
Stock
BONDS—
Stock ($20,000,000)
50 5MQ--J- $18,010,700 Oct, 1901,1^ 16
Mt. A dame & Eden Park In.
1st mortgage, currency..
..
6 A.-O.
96,000
Oct., 1905
Consol. mort., currency
5 M.-S.
479,000
Men., 1906
Interest is payable at Franklin Bank, Cincinnati.
Mt. Auburn Cable Ry. >
June, 1907
8k 1887 5 J. -D. 168,000
1st
.assumed ..o* > Interest at Chemical Nat. Bank, N Y. City.
Stock— Total authorized stock, $20,000,000,. Stockholders voted
July 25 to increase stock from $18,000,000 to $20,000,000.— V. 70,
p. 1249.
Dividends—For many years to April, 1901, incl'e, 5 p. c. per annum,
but on July 1, 1901, 15i6 P- o. was paid; also 15 1B p. c. in Oct., 1901.
Road—Company on Nov. 1, 1901, operated 210-58 miles of track in
the oity of Cincinnati, Ohio, extending also to adjoining suburbs.
Of this track 7 miles is cable; balance trolley.
Earnings— For fiscal year ending June 30, 1900, gross earnings,
were $3,023,964. The company does not make any public statement.
Officers— President, John Kilgour; Secretary and Treasurer, James
A. Collins.— V. 63, p. 18S; V. 64, p. 610; V. 66, p. 616, 810; V. 70, p.
1249; V. 71. p. 181, 543, 1120; V. 72, p. 86, 136, 391, 437, 1034, 1135.
(1)
Was
&
.
MILL CREEK VALLEY STREEET RR.-
ORQANIZATION— Name was changed in 1898 from Cin. Ham. Mid. &
Dayton KR. Stock $1,000,000 common; outstanding, $337,500;
preferred, 5 per cent cumulative, $750,000; outstanding, $280,000.
V. 67, p. 530.
ROAD— Owns 7^ miles of double track, of which l^s miles between
Zoological Gardens and Mitchell Avenue, Cincinnati, held under perpetual lease. Extension to Glendale, Ohio, c ompleted in Jan., 1901,
making 5 miles additional. In August, 1901, also completed a line to
corporation limits of Hamilton. Altogether has 25 miles of track.
President, H. H. Hoffman, Cincinnati; Gen. Man., W. G. Wagenhals.—
V. 67, p. 530.
SOUTHERN OHIO TRACTION--A
trolley road.
Organization— Incorporated under general railroad law of Illinois
May, 1895.
Date.
Interest.
Outstand'g.
Maturity.
STOCK & BONDS—
IstM
«3 000 000 gold.
<mld
ist
m., $3,000,000,
27
Int.
V. Griffin.
UNION LOOP.—See Union Elevated RR.
ORGANIZATION— Chartered
in Ohio.
consolidation of the Cincinnati & Hamilton Electric Street Ry., Cincinnati & Miami Valley Traction Co. and Dayton Traction Co., giving
a continuous line from Dajton to College Hill, a suburb of Cincinnati, 52^z miles. Franchises on 18 miles are perpetual, that is over
private right of way; for 25 miles 50-year franchises, and on the
remaining 9 miles 25-year franchises. In a suit against the Dayton
Traction Co., the right of the latter to carry freight was upheld by the
Ohio Supreme Court on March 26, 1901. See V, 72, p. 626.
Persons who are largely interested in this road have purchased the
Cincinnati & Northwestern, a steam road, which will be equipped with
The
electricity.
It is, however, an entirely distinct organization.
Southern Ohio Traction will extend its lines in College Hill to connection with the Cincinnati & Northwestern, thus giving the former road
an entrance into Cincinnati.
In Oct 1901, purchased the entire capital stock (no funded debt) of
the Miamieburg & Germantown Traction Co., which has 5 miles of
track. The Hamilton & Linden wald Electric Transit Co. has also been
acquired. These two roads will shortly form part of the system.
Maturity.
Outstand'g.
Date.
Bate.
STOCK
BONDS—
Stock, $2,000,000 ($100)
$2,000,000 Sep.,'01,%%
Southern Ohio Trac. 1st cons.
$2,000,000 ($1,000), gold, c\1900 5 g. M-N $1,050,000 May 1. '20
interest at Clev. Trust Co., Trustee, or at Standard Trust Co., N. Y.
Cin. &Ham. Elec.lst g.($50<>) ) 1898 6 g. J&J $400,000 Apr. 1,1918
$500,000. not subjectto call. $ Int. at Am. Tr. Co., Cleveland, trustee.
Loans Guaranteed by Cin. & Miami Valley Traction.
July 1,1916
Dayton Traction 1st M., < 1896 5g. J-J
250,000
g. ($1,000), int. guar..e* ( Int. at Finance Co. of Penn., Phila., trustee.
Mar. 1, 1913
Debentures, gold, as-<
39,000
6g. M-S
sumed
< S. f., $2,000 yearly, beginning July. 1898.
Of the $2,000,000 So. Ohio Traction bonds, $650,000 are reserved to
retire Cin. & Ham. Electric bonds and Dayton Traction bonds, and
$300,000 for extensions. Issue listed on Philadelphia Stock Exch.
Dividends— The first quarterly dividend of 3» per cent was paid Dec,
1, 1900. In 1901, March, 34 p. c .; June % p. c. and Sept. % p. c.
Earnings— For the years ending Feb. 28:
1900.
1901.
$249,995
Gross earnings
$299,710
,
&
Operating expenses
CINCINNATI, OHIO.
Population 1900 was 325,902;
AND
IN
in
1880 was 255,139.
LAURENCEBURG
RA ELECTRIC STREET RR -A
Incorporated
CINCINNATI
& AURO-
trolley road.
142,016
161,860
Netearnings
1890 was 296,908.
trolley road.
Apr. 24, 1900, was formed as a
$107,979
$137,850
Latest Earnings. — For ten months to October
In 1901, gross, $2s4,732; net, $132,546.
net, $120,960.
31:
In 1900, gross, $247,278;
ROAD— Extends from College Hill (a suburb of Cincinnati) to Day52^ miles; miles of track 57^. Operates 28 cars, with 5 con-
ton,
in November, 1898, to build a line conCincinnati with Aurora, Lauren celmrjr and Harrison.
Road is in operation from Anderson's Ferry at Cincinnati to Aurora,
and Harrison and Laurenceburg, 38 miles. In July, 188^», capital
stock was increased from $35,000 to $750,000. The Union Savings
Bank & Trust Co. of Cincinnati sold $650,000 of the bonds in JaD.,
19oi and an advertisement stated tbat no dividends would be declared on the stock for live years, so as to create a surplus fund available for betterments and extensions.
Date. Interest. Oustanding. Maturity.
STOCKS
BONDS
Organization—
necting
struction cars.
OFFICERS— President, Will Christy; First Vice-Prest., M. J. Mandelbaum; Second Vice-Prest., Peter Schwab; Treas., F. T. Pomeroy; Sec
and Ass't Treas., H.C.Lang, 21 5 Garfield Bldg., Cleveland; Gen. Mgr.
F. J. J. Sloat.— V. 70, p. 177, 842, 895, 1049; V. 72, p. 184, 626, 1136;
V. 73, p. 82, 844.
,
&
Stock, $750,000
$750,000
let mortgage., $750,000)
1899
5 g. J.-J.
750,000 July 1, 1919
Int. atUn. Sav. Bk & Tr. Co., Cinn., trustee.
($1,000), gold
Directors— J- C. Hooven, President, of Hamilton, O., C. E. Hooven,
G. H. Hilvey, F. D. Shaffer and Stanley Shafer; Treas. and Uen. Manager, C. E. Hooven, Cincinnati.— V. 69, p. 743; V. 72, p. 136.
<,
OFFICERS. -Chairman,
Hugh
J.
McGowan, Kansas
S. C.
Citv; President,
Wm. T. Irwin;
Cooper; Treasurer,
582, 822.
KY.
Organization. Incorporated in Ohio on Feb. 19, 1901, with an authorized capital stock of $2,000,000, to take over under lease the Cin
cinnati Street Ry. Co. *ee V. 72, p. 391. In June, 1901, made a
proposition to lease the Cincinnati Newport & Covington St. Ry. for
a term of years, but tue proposition did not meet with the support of
the stockholders of the latter.
W. Kesley Schoepf; Secretary,
Organization.— Incorporated under the laws of New Jersey on
8. 1901. with an authorized capital of $1,000,000, which was
inoreased on March 9, 1901, to $15,000,000, one-half being preferred
5 per cent cumulative. The company was organized to finance street
railway enterprises contemplating extensive improvements, or which
in any way stand in need of money with which to better their properties. The company will not own or operate street railways —V. 72,
Mar h
p.
NEWPORT
& COV-See COVINGTON,
THE CINCINNATI TRACTION CO-CIN.
UNION TRACTION CO-
CLEVELAND, OHIO.
Population 1900 was 381,768; in 1890 was 261,353
and
in 1880
was
160,146.
road.
RAILWAY- A
CLEVELAND CITY1893.
Consolidated."
Known as
trolley
"Little
Organization— Chartered in
On March 11, 1901, the three-cent fare ordinance passed by the City
Council in 1 898 was declared unconstitutional by Judge Ricks in the
United States District Court at Cleveland.
See V. 72, p. 532.
-
:
STREET RAILWAYS
28
& BONDS—
STOCK
Outstanding.
Maturity.
$7,600,000 Oct.. '01.1 >*
2.0OO.000 July 1, 1909
1899 5* J. J.
Trustee is Centr.il Trust Co., New York.
Date.
—
t»tooki$l
00.000
•Cleve Otv Cable Rv. £
M
000 ctr. 1st
gold.-Pl
Interest.
Q--J.J
\
EARNINGS—
Calendar year.
1809
-
H
Passengers.*
Xet.
..
$620,051
475,872
431.173
462,768
416,182
*S.V.),914
1,480,865
1,222,163
1,100,817
1.131,-63
1.060,230
7
'
Erpnses.
Grots.
estSl.SOO.OOO
'
746,291
669.644
660.003
644,043
....
30,451,0 7
25.089.43S
22,313 334
22,916,513
21,604,205
iiu'lutlinc trausfers.
>t
Dividends— For ISO' paid 2
Q-J>: in 1899, Jan.,
April, 1 p. b.j July,
::
:(
4
IU
p»c
;
1897, 2^i
p. c; iu 1000, 4 p.
p. 0.; Oct., 1 i« p. 0.
189 >, 3 p. e.(^ p. o.
c; in 1901, Jan., 1 p.o.;
:
p. e.;
ROAD— Till' oimii'any
operates S4 miles of electric track iu the city of
Cleveland *nd suburbs on 41 miles oi streets, extending 6 miles east
and west of city limits Weight of rails, 82 ami 98 lbs.
Officers— Prescient, M. a. Hanua: Vice-President, C. F. Emery;
Secretary and Treas.. John Ehrhardt.— V. 62, p. 363. 664; V. 71, p.
1310; V. 72. p 532, 1270; V 73. p 1-1.
CLEVELAND ELECTRIC RAILWAY.
one
Organization— This
is
of the Everett-Moore properties. For
outline of combination proposed of all these various systems, see V.
73, p. 5
&
STOCK
BONDS—
>
Bands assumedv. KK. 1st M ($1000)
<
E. IT
Brookhn
(
$1,000..
St. 1st
mort i&ju»i,utu..
mort.
1S90S10C0
do
ao
Interest. Outstand'g. Latest div., etc.
Q.-J.j$13, 000,000
Oct., 1901,1%
1892 5 M-S l.OOi ,000 March, 1910
Interest at Central Trust Co.. New York.
1--:; 6 M-S
300.000 Sept. 1. 1903
"
18t '° 6
S
300,000 Sept. 1,1903
T nt a t savings A Trust Co., Cleveland.
Date.
Stock $100)
\
}
M
.
Ms
1888 6
300,000 Sept. 1,1903
South
Side 1st
$1 000
J
ist fri.ooo
Bouu s>uie
j Int jn p hllaae i phia at Fidelity Trust Co.
Clereland Electric Railway —
2,450,000 Mch. 1, 1913
° M-S
/*i rrn\ gold.C&r
„«irf „.*,. 5*893 5g.
Con. xr
M. ($l,rC0)
Unt attI u , teei Central Trust Co.,N.Y City.
Dividends— The quarterly dividend was passed in January, 1896; in
c™
\ p. c; In 1897, 3 p. c; in 1893, 3*4 V- c; in 1899,
(October dividend having liecn passed on account of strike);
In looo. :i\ p. c; in 1901, Jan., 1 p. c; April, 1 p. c; July, 1 p. c; Oct.,
1 per cent.
Bonds— Consols, of 1Sq3 for $1,900,000 reserved to retire the bonds
assumed. Bonds in excess of $3,500,000 (including the $1,900,000
>ove) cannot l>e issued except for 85 p. c. of the cash cost
of extensions of mileaire and increase of plant. The bonds are a tirst
lien on the Broadway & rTewburg system and on all extensions made
and property acquired subsequent to the consolidation; they cannot
be ealled b< fore maturity. V. 61, p. 749.
ROAD-The company operates "an aggregate single track of about
134 miles practically all the lines are double-tracked."
Latest Earnings.—Nine months to September 30:
April. 1-96. paid
2%
p. c.
;
9 mos.
Gross.
1901
1000
Annual
Charges.
Net.
$1,705,634
$762,651
$179,635
684,248
190,385
1.506,701
Report— For the years ending December 31
1900.
Gross earnings, all sources
Operating expenses and taxes
.
$2,061,501
1.121,037
earnings
Interest.
Balance for stock
*
Company
in
"nrptus.
$58:1,016
493,863
*1899.
1898.
$1,509,003 $1,7; 9,332
967,9 15
1,046 593
$910,467
258,483
$541, 0F8
227,564
$692 739
$681,984
$313,494
$483,418
209,321
189 > suffered from strike and boycott.
OFFICERS— President. Henry A. Everett; Vice-Prest.. R. A. Harman;
Secretary. F. e. Borton: Treasurer, E. W. Moore; Auditor, w. (i.
Me Dole; Purchasing Agent. C. W. Wason.— V. 63, p. 1146; V 68, p. 129;
V 69, p. *83, 743. 851; V. 70, p. 632; V. 71, p. 181, 341; V.72, p. 134,
1279; V. 73, p. 31.
A
CLEVELAND
ELYRIA
road.
&
trolley
WESTERN RY-
Organization— A consolidation in June. 1900, of the Cleveland Berea Klyria A Oberlin Ky., Lorain County Street Ry. Co. and th>- Oberlin A- Wellington Ry. This company alM> controls the Cleveland &
8outhem Ry.
Date. Interest. Outstanding.
Maturity.
STOCK AND BONDS
Stock. $2,000,000 1*100)
$1,400,000 Oct.. '01,*%
—
t 1
"
1902 M
Im
to^iS l
W^
W
6 8 J&J
73 000 Jan *• 1912
at S * vin & 8 & Tru8t Co Cleve.-Tius.
2
(* 1,000)
' ... ...
.
\
&
a 1
: '' U
C1 e
f 1895
i i'i.
»«oo,
Babjectto call 190<."' $ lnt at
-
.
-
on
?
'
Sul
call'
1907.
'
a*MWr 'ow\y ef$?OOo;aV,
'
-
6M
000 May 1. 1915
200,000
& Trust Co., Cleve, Trus..
FAA
100,000 Aug. 1. 1917
SavlQ g«
1897
6
Interest at Cleveland Trust Co., trustee.
i>
'
$
127,000 Mch. 1,1919
" 5KMAS
Interest at Cleveland Trust Co., trustee.
1S
Cleveland Elyria A West- 1 1900 5g FAA
675,000 Aug. 1,1920
ern 1-t M., $1,500,000 [ Int. at Western Reserve Tr. Co., Cleveland,
Trustee. May be called after 10 years.
-1,000), gold
)
Bond* Of the Cleveland Berea Elyria A Oberlin 5s dated March 1,
73,000 were reserved for the retirement at or before maturity
Of the. $1,175,000 Cleveland
of the divisional 6a to a lik« amount
Elyria A Western new f s, $500,000 are reserved to retire prior liens.
Dividends— In 1901, Jan., \ p. c. Apr., h p. c; July, * p. c; Oct.,
*4 p c.
Earnings For calendar year 1900, gross, $179,697; net, $77,303;
surplus, $42,742. For year ending Dec. 31, 1899:
Int.
net, t67,377. Fixed charges, $28,845.
On
Surplus.
—
32.
Gross, $185,992; ret, $85,206
Gross, 131,049; net, 51,100
Jl'JOO
RoaD -'ri Oct 1901, was operating 65 miles of track, extending
from Cleveland to Berea, Elyria and Oberlin, with various branches.
Work is also progressing on a llneof 21mlles from Oberlin to Norwalk,
OFFICERS— I'rest., A. H. Pomeroy. Berea; Vice-Prest., A. E. Aklns;
Sec'y i.
r; Treasurer, F. T. Fomeroy.— V. 63, )>. 703; V.
7. 70, p. 894, 995. 1249; V. 72, p. 580; V. 73, p. 837.
LATEST EARNINGS— 3 1901
9 mo-,
t.
,
,
(I)
CLEVELAND
st
SOUTHERN RY.— A trolley road.
Organization.— Incorporated
in 1001 to take over t lie Cleveland
Southern
Ry. franchise* aiHl to build the line, of 10
Tnil>-s from Berea t" Woo-ter, via Medina and 're-ton.
Road from
-ma is expected to be in operation by Jan. I, 1902
per cent of the stock is owned by the Cleveland Elyria A Western By.
M'-dina
<*
1
Stock
&
Bonos—
Dale.
'lutstano'g.
Interest.
Stock, $1,000,000 ($100)
Maturity.
$1,000,000
^
1901
%
Int. at
5g. J J
(?)
Julyl, 1921
Western ReservcTr. Co., Cleveland,
trustee, or Standard Tr. Co., New York.
(
Officers. -President, W. H. Larapreoht; Vice Pres., A. H. Pomeroy;
Secret dry, P L. Fuller; Treas., F. T. Pomeroy.—V. 73, p. 236, 337.
1st Mortgage $1,000,000
($1,000), gold
CLEVELAND & EASTERN RY.-Trolley
Organization.— Incorporated to construct an electric road from
Cleveland through Uuyahog*, Geauga and Ashtabula counties to the
Pennsylvania Slate line, between 60 and 70 miles. Iu operation from
Cleveland to Chardou, Burton and Middletield, 46 miles. Iu June, 1901,
th- Everett-Moore syndicate purchased, In the interest of this road,
the Cleveland & Chagrin Fails Electric BR. and th« Chagrin Falls A
Eastern Eleotrio Ky., and will consolidate the three properties into
one, giving i>0 miles of single trao-i—aud including sidf gs and turnouts nearly 100 miles. This will be in full operation as soon as the
portion of the Chagrin Falls system near Middletield can be finished
lor rapid travel.
Name of consolidated compmv will probably be CI veland A Eastern Traction
The new company will make an issue of bonds, but the
existing Cleve. & East bonds will remain out, and also the $300,000
Cleve. a Ch ig. Falls Eleo. bonds. The Chagrin Falls A Eastern bonds,
Lot having been issued, are to be canceled.
Date. Interest. Outstand'g.
Maturity.
Stock
BONDSstock, $1,200,1-00 ($100)
$1,000,000
1899 5 S- JJ
775,000 July 1, 1929
1st Mortc-i.'e *1 OOO 0O0 (
Iut at CleveL Tr Co - Trustee, Cleveland.
(»i,oou
*
OOubf-ol
each), gold
or
stan(Jar(i
Trust
^
COi> New York.
President, H. P. Mcintosh; Vice-President, H. A. Sherwin; Secretary and Treasurer, E. G. lillotson; Manager, L. A. Andrews.— V. 69,
<
&
-
p.
955
(I)
;
-
1080
V. 70, p. 995; V. 72, p.
CLEVELAND A CHAGRIN FALLS ELEC. RR.-A trolley road.
&
Date. Interest. Outstanding. Maturity.
BONDS—
Stock. $300,000 ($100)
$300,000
1st M., $200,000, g.,red.aft. ) 1896 6g.M-N
200,000 May 1,1916
May 1, 1906 ($500)
o* 5 Int. at Guardian Trust, Cleve., trustee.
New M., $300,000 ($500), ) 1900 5 g.M-N
1920
00,000
gold
J Dime Sav. A Bk. Co., Cleveland, Trustee
Bonds—Of the n
$300,000 mtge., $200*.000 has been reserved to
retire bonds of like amount due May 1, 1916. New i^sue can oe called
STOCK
w
alter 10 years.
ROAD— Has 15 2 miles of track, extending from city limits, Cleveland, to Chagrin Falls. Also operates under contract Iho Chagrin Falls A Easteru Railroad, extending from Chagrin Falls to Middletield; under construction, Burton to Garrettsviile, Ohio.
-
CLEVELAND PAINESVILLE & EASTERN
RAILROAD—A
trolley
road
by Everett-Moore
controlled
parties.
Etc.—Incorporated
Organization,
April
Road com
25, 1895.
pletcd in July, 1898.
Stock
&
Bonds—
Date.
Stock, $1,500,000; par $100
Mort cold
^Vnnn'S'
Oi.uuu eacn)
1st
$500
000
fcoOU.OOO.
Debenture s, $500,000,
J
'
$500
000
* dUU 0UU
'
<
Outstand'g.
Maturity.
$1,500,000
5
A ~°
500,000 Apr. 1, 1916
Intere8t at state Trust Co N Y .,or Cleve-
«
_ (
,
d Trust Co., Cleveland, the trustee.
1897 6
J- J
$500,000 July 1, 1907
lai
ilnt. at
($1,000)
Con Mortice
S S
i2i nnn^
(»i,uuu)
(
>
c ^
Interest.
1896
1898
DimeSav. A Bkg., clev., trustee.
5 A "°
^Su.OOO Oct. 1. 1918
at Dime Saving A B'k'g Co.. Cleve.,
trustee, or Colonial Trust o.,N.Y.
^ Int.
^
Road— Owns road from Euclid, Ohio, to Paiuesville and Fairport,
23*02 miles ("Main Line"), ana uses Cleveland Electric Ky. from
Euclid to Public Hquare, Cleve., 10 miles; al;-o owns " Shore Line,"
extending from Willoughby to Glenville, O., 1189 miles, and uses the
Cleveland City Ry. Co.'s track from Gienville to the Public Sq.,
leve., 5 miles. Total track owned (including 4 le miles of double),
42 41 miles. Kails 68-11). girder on Main Line and 701b. T on " Shore
Line"; 28 motorcars. Power house is at Willoughby. Car houses at
Willoughby, Paiuesville and Nottingham.
LATEST EarninGS--9 months, > 1901.. Gross, $124,184; net, $60,942
106,186; not, 56,207
Jan. 1 to Sept. 30.
5 1900 .Gross,
REPORT.— For year ending Deo. 31, 1900, gross, $141,112; net,
971,620; in 1899, gross, $121,386; net, $40,439.
'
Officers— President, C. W. Wason; Vice-President, J. A. Biedler;
W. Moore; Secretary, F. S. Borton; Asst. Seory., G. E.
Bender; Supt., J. Jordan— V. 63, p. 356, 458; V. 64, p. 284; V. 67, p.
Treasurer, E.
1^56.
LAKE SHORE ELECTRIC
RY--A trolley road.
Organization -Incorporated by the Everett-Moore syndicate In
1901 under laws of Ohio as a consolidation of the Lorain A Cleveland
By., the Sandusky A [uterurban Ry.. ttie Sandusky N irwalk A Southern Ry. and the Toledo Fremont & Nor walk RR All stock and bonds
of merged companies were retired by issue of new stock and bonds,
with single exception of the Lorain A Cleveland Ry. 1st mtge. bonds,
as given below. For terms upon whioh old securities were exchanged
for new, see V. 73, p. 784.
Stock
& Bonds—
Dale.
Interest.
Stock, $4.o00,000 (par $100)
Pref stock, #1,500,000 (par )
$100). guar. 5% cum
J
1st mortgage, $6,000,000...
H
ra
onAn » l8t ' g
$1,ooo,ooj
\
Outstand'g.
Maturity.
$4,200,000
l,42;-,000
5%
Reserve
^J
1897
J-J
4,000,000
1931
Tr. Co., Cleve., trustee.
$750,000 July 1,*27
* 1 000) ^Interest 5g.
Cleveland Trust Co
i
trustee, or
Co.onial Trust Co New York.
The unissued portions of the new stock and bonds are reserved for
acquisitions and improvements. The L. A C. bonds can be called
after July 1, 1917.
Road— Operates in all 160 miles, extending from Toledo to Nor walk
and Sandusky and Lorain; thence easterly to Cleveland.
OFFICERS— Pres., Barney Mahler, Cleveland; Vice-Pres'ts,W. H. Price
Stewart, both of
and J. B. Ha-ina; Sec, F. W. Coen, Treas., C.
Cleveland.—V. 72, p. 480; V. 73, p. 139,287,288,338, 784, 843,1010.
,
(
'
^
,
H
COHOES,
N. Y.
Population 1900 was 23.910; in 1890 was 22,509;
and in 1880 was 19,416.
RAILWAY. -A trolley road.
COHOES CITY
''bartered July
1894, and controlled by the same
20,
Organization—
interests as the United Traction Co. of Albany, with which connection
is made; 2»« miles of its track was leased to Albany Ry., now forming
part of the United Traction Co.
c
STREET RAILWAYS.
CimrK
A-
Ronm—
Oulstand'g.
Interest.
Dale.
2%yr.'95-6
0g.,J-J
1895
6g..J-J
1896
Stock (pa™ $20).
1st M., gold, $50,000
2d M.. gold
$50,000
50,000
35,000
Maturity.
July 1,1905
May
1, 1906
Earnings-— Year ending June 30, 1901, gross, $25,883; other ino.,
$219: ilt'f under expenses, $3,155; charges, $7,335. In 1900, gross.
$20,625; other inc $7,576; def. under expen., $4,339; charges, $6,503.
,
ROAD-Traok. 6-35 miles.
OFFICERS— President, John W.
M cNamara. Albany, N. Y.; Vice-Pres..
Ralph Hornbv, Cohoes; Sec., Lansing P Wood, Albany; Treas., T. I.
Van Antwerp, Park Bank, Albany; Gen. Man., E. S. Fassett, Albany.
COLORADO
SPRINGS, COL.
was
Population in 1900 was 21,085;
in 1890
4,226.
was
11,140,
Franchise
in 1890.
and
1880
in
perpetual and
is
is
said to give " practically exclusive" rights in the city.
Maturity.
BONDS— Miles. Date. Interest. Oulstand'g.
Stock
Stock (par $100)
$500,000 t.p
1910
350.000
1st M.. $1,000 each...
7>a 1890 6 A-O
&
,0 .ea -.
27
A-O
1891 6
150,000 Apr.
1921
g
for $500,000, gold.
Interest is payable at Chemical National Bank, New York City.
Consolidated 'mortuage limited to $500,000 by cancellation of
$250,000 of the bonds; #350.000 reserved for first mortgage. Trustee,
Central Trust Co., N. Y.
Road— Owns 25 miles of track, and June 1, 1895, began to operate the Manitou Electric Railway & Casino Company's line, \H miles,
under lease.
*
£}
1,
Annual Report— For year ending Dec. 31 earnings were:
1899
Gross earns... $170,610
76,019
Net earnings
1898
$137,823
49,292
Int., taxes, ins.
1899.
1898.
$33,407
$33,480
Balance, surp.. 42,612
15,812
Officers— President, W. S. Stratton; Secy, and Treas., Wm. Lloyd;
Supt., D. L. Macaffree— V. 65, p. 69; V. 69, p. 1147; V. 70, p. 75, 175,328.
COLUMBIA,
S. C.
Population 1900 was 21,108; in 1890 was 15,353,
and in 1880 was 10,036.
COLUMBIA ELECTRIC STREET RAILWAY LIGHT & POWER-A trolley road.
This property, on which a Baltimore syndicate hat an option, was
sold in August, 1899, for $*57,50o to W. B. bmith Whaley, one of the
purchasers of the Columbia Canal and Columbia associates. Since
then about $150,000 has been spent in making improvements and
building an extension to the mill district. The new company took
possession Sept. 1, 1899, and is understood to have floated an issue of
$250,000 bonds.— V. 68, p. 1180; V. 69, p. 491.
OFFICERS-Pres., W. B. Smith Whaley; Gen. Man., E. B. Clark.
COLUMBUS, GA.
Mr Geo
trolley; part steam.
Baldwin of Savannah and Messrs. Stone
& Webster of Boston came into control of the company through purC hase of $225,000 out of the $250,000 capital stock, and elected officers as below. Extensive improvements are to be made.
Organization— Owns and operates the street car system of Columbus, the belt passenger and freight lines, connecting with all passenger and freight depots, and a large brick, metal roof warehouse
and general storage building; also an electric light and power system.
Securities— Stock $250,000. New bonds are first mortgage 5s due
1937, for $450,000, and $250,000 second mortgage 6 per cent noncumulative incomes, due 1937; $27,000 of the firsts are reserved to
retire $27,000 underlying bonds due 1913 and $20,000 to build bridge
across river. V. 66, p. 759. Interest is payable April and Oct. at
West End Trust & safe Deposit Co., Philadelphia.
In June, 1901,
,
;
;
COLUMBUSCO-BUCKEYE LAKE & NEWARK
TRACTION
Organization— Incorporated in Ohio on Oct. 19, 1899, to construct
electric road from Columbus to Newark, with a branch to Buckeye
Lake, a proposed pleasure resort, making a total of 40 mile-i, about
three-fourths of which was completed in Nov., 1901. In Feb., 1901,
Tuoker, Anthony & Co. of Boston purchased control of the property.
Date. Interest. Oustand'g.
Maturity.
Stock & BONDS—
an
Stock, $1,000,000
1st mortgage, $1,500,000,
Seetext.-
M-S
it)
Sept. 1,1940
Knickerbocker Trust Co., N. Y .Trustee.
OFFICERS— President and Treasurer, Wm. A. Tucker, 53 State St.,
Boston, Mass.; Sec'y, Frank W. Merrick.— V. 71, p. 602; v 72, p. 338.
gold
>
....
5
g.,
S
.
COLUMBUS
ELECTRIC
RR-DELAWARE & MARION
Organization— Incorporated in 1901 with $1,000,000 capital stock
(of which $600,000 is o tstanding), to build an electric railway from
Columbus to Marion, passing through Franklin, Delaware and Marion
counties, a total of 45 miles. In June, 1901, made a mortgage to the
Western Reserve Trust Co., Cleveland, to provide for an issue of
$1,000,000 oonds. Nine miles of roud from Columbus to Flint is completed and in operation the remaining 36 miles is expected to be
completed by July 1, 1902.
Officers— President. T. A. Simons; Vice-President, Jay E. Latimer;
Treasurer, J. W. Holcomb; Secretary, O. W. Aldrich. Office, Electrlo
Building, Columbus,
V. 72, p. 1135.
;
O—
COLUMBUSA LONDON
& SPRINGFIELD
road. (See Map on page 30).
RAILWAYtrolley
Is controlled
by the same
Dayton Springfield &
interests as the
Urbana.
Organization— Incorporated in Ohio in January, 1900, to operate
a passenger and freight line between Columbus and Springfield via
London, 65 miles; also empowered to supply light, heat and power
along its route. In April, H 00, was granted a 5-year franchise in
Columbus with the provision that road is to be ready for operation in
City of Columbus by July 1, 1901, and sell 7 tickets for 25 cents for
use in the city, good at all hours. Tht ordinance also provides for the
payment of 2 per cent of gross receipts from local passengers (viz.,
passengers riding wholly within the city limits) during the life of the
franchise. The formal opening of the line into Columbus took place
on June 29, 1901.
Owns $210,000 out of the $250,000 stock of the Columbus Grove
City & Southwestern Ry., and guarantees its bonds, principal and int.
Date. Interest. Oulstand'g. Maturity.
STOCK
BONDS—
Stock $1,.-00,00( ($100)
(?)
l8tmor.$l,500,000($l,000) < 1900 5 g. A-O $1,500,000 Oct. 1, 1920
gold c*
I Int. at Continental Tr. Co., N Y., Trustee.
Officers— President, J. S. Harshman; Vice-Pres't, Fred. J. Green;
Treas., Jno. G. Webb; Secretary, Emmett Tompkins; Gen. Manager,
Hart A. Fisher.—V. 72, p. 872.
'i
Population 1900 was 17.614; in 1890 was 17,303;
and in 1880 was 10,123.
COLUMBUS RR.—Part
Of the $7,000,000 mortgage of 1899 of the Columbus Railway,
$3,000,000 will be held in trust to retire the Columbus Street Railway
and the Columbus Consolidated Street RR. bonds, $572,000 to retire
the Crosstown mtg. bonds, and $127,000 to take up unsecured 4 per
oent notes of the Columbus Street Railway; $1, 208,000 is reserved to
be used hereafter from time to time in making extensions, improvements and additions— $628,000 upon a 23-vote of directors, the other
$1,000,000 only on a vote of stockholders— and $519,000 have been
issued and are now in company's treasury.
Dividends.— First div. on preferred stock of lVtp. c. Feb., 1900;
also May, 1*4 p. c; Aug., 1*4 p.c.; Nov., 1H p. 0.; in 1901, Feb., l^p.c;
Nov 1»4 P- 0.
May, 1*4 p.c; Aug., 114 P
Road.— Operates 105 miles of track, 5 6 of which Is a new suburban
line and l 9 an extension of old lines built in 1901.
Earnings— For calendar year 1900: Gross, $990,809; net, $512,322;
fixed charges, $299,993; surplus, $212,329.
OFFICERS— Pres., Robert E. Sheldon; 1st Vice-Pres., Treasurer and
General Manager, E. K. Stewart; 2d Vioe-Pres., C. M. Clark (Phila.)
Sec'y, P. V. Burlngton. INDEX— V. 67, p. 1160; V. 68, p. 32«: V. 69,
p. 78, 228, 283, 439, 491, 591, 743 V. 71, p. 543; V. li, p. 338, 821.
-
COLORADO SPRINOS RAPIDTRANSIT RY.
Organization— Chartered
29
J.
Road— Operates 24^
miles of track.
Earnings— Calendar year 1900, gross, $96,507; net, $30,873; in
1899, gross, $90,580; net, $31,182.
'^Officers— President. Geo. J Baldwin, Savannah; Vice-Pres., John
F. Flournoy, Columbus, Ga.: Sec, Frank N. Garrard, Columbus, Ga.;
Treas.. H. B. Sawyer, 93 Federal St.. Boston, Mass, General Manager,
H. S. Reynolds, Boston.— V. 66, p. 759; V. 72, p. 1187.
&
(I)
COLUMBUS GROVE CITY & SOUTHWESTERN RY.—
To be a trolley road.
Organization— This company was incorporated in Ohio in 1901 and
acquired the Grove City & (ireen Lawn line. Has trackage agreement in Columbus with Columbus London & Springfield Ry., which
company owns $210,000 of the $250,000 capital stock of the Columbus Grove City & Southwestern Ry. Co., and guarantees the bonds,
principal and interest.
Franchises in Columbus are for 25 years from July 1, 1901 from
Columbus to Grove City run until 1921, and from Grove City to Morgans owns private right of way.
Maturity.
Dale.
Interest. Out»tanding.
Bonds—
STOCK
Stcck. $2o0,000
$250,000
Istmtge. $250,000 (gold) ) 1901
5 g.
J-J
210,000 July 1, 1921
A
guar. p. & i. 5 tnt.payable at Continen t'l Tr.Co. N Y. ,Trus.
($1 ,000)
Bonds— Of the authorized issue of $250,000, $40,000 is reserved for
extensions at not exceeding 75 per cent of cost. A sinking fund of 5
p. c. annually of gross earnings will commence July 1, li>06. Entire
issue can be called for payment after July 1, 1906, at 110 and accrued
interest. Adams & Co., Boston, offered the bonds for sale in Oct., 1901.
ROAD— Operates about 15 miles of road from Columbus to Grove
City and Morgans.
;
COLUMBUS,
OHIO.
was 125,560;
1890 was
Population
in
1.900
and
in
&
88,150;
1880 was 51,647;
COLUMBUS RAILWAY-
Incorporated August, 1899, in Ohio. On Oct. 2, 1899, absorbed by
consolidation the Columbus 8t. Ry. and Crosstown Street Ry., and the
property of the former Columbus Central Ry. sold at foreclosure,
which comprises all city street railways of Columbus.— V. 69, p. 743.
Was granted a new franchise in February, 1901. Under this franchise cash fares are fixed at 5 cents, but seven tickets to be sold for
25 cents, with universal transfers until gross earnings per annum
reach $1,750,000; thereafter eight tickets for 25 cents.—V. 72, p. 338,
S'
821.
Company pays
its
&
upon the preferred
Bonds.—
st
?&f°™:\
.
Date.
:
Last
nnn nnn
3,000,000
<*
C
5
J
N
v
mp
<>
1901,
1,
-
W
.
.
5 *• J ~ J
658 000
ma y°be called^orT ? 1 1889
Interest at Central Trust Co.,
L 1909
N. Y.
110 ..„.„. ?.. ... )
1892
5 S- J--J2,342,000 July 1, 1932
Col St Rv
3 nnn nnn (
y lat «q
$ 000 00 ° ) Interest at E. W. dark & Co., Phila.
eold
*
^ (
Knickerbocker Trust Co., N. Y., Trustee.
Crosstown lstmort., $2,-) 1893 5 g. J.-D.
572,000 June 1, 1933
000,000 g. gu. p. & i. c* J
Knickerbocker Trust Co., N. Y., Trustee.
Columbus St. Ry. notes
4
$163,000
€ol. Ry. M. $7,000,000 ) , QQQ
/-»„+ i
A r\
t
i ki a nnn
qqq
1899
4
Q"
J
Oct. 1, i1939
1,514,000
($1 000) sold
c*
Int
Union
at
8av
Bk
Tr
Co
oi
&
C"
-'
Bonds are redeem 'after V
& Co " PMla or
Oct 1, 1914^ at 1™'5 and Ttru4 te e a * E
at Co 8 office.
'
-
-
at
>
'
>
-
,
interest.
'
"
W
^^
-
-
-
1
-
'
-
J
Bonds.—The Columbus Street Railway mortgage of 1892
is
CONCORD,
div., <£c
$3,000,000
]
Stock, prefV$3,500*6bb>
($100) f.pc. cumulat'ej
C
shares.
Oulstand'g
Interest.
000
$3 50
:
.
employes dividends upon their wages at the same
rate as the dividends paid
Stock
,
.
.
for $3,-
000,000, of which $658,000 are in hands of trustee (Knickerbocker
Trust Co., N. Y.) to retire the Col. Consol. St. RR. firsts. The Crosstown Street Ry. 1st M. is for $2,000,000, of which $572,000 are outstanding; the rest, have been canceled. Principal and interest of the
Crosstown bonds were guaranteed oy the old Col. St. Ry. Co.
H.
N.
Population 1900 was 19,632; in 1890 was 17,004;
and IN 1880 was 13,843
;
CONCORD STREET RAIL WAY-A trolley road
extending from the central wards of Concord to Penacook. In June,
1901, control passed to the Boston
STOCKS
& Bonds—
Date.
& Maine RR.— V.
Interest.
73, p. 31.
Last div.,
Oulstand'g.
etc.
$50,000
1895-96,6%
50,000
6
Dec, 1913
116,000
( 1893
5 J-D
000
0*3 Subject to call in 1898 to 1902, inclusive, at
102; in 1903 and thereafter at par.
($500 each.)
(
Interest at National Bank of Redemption, Boston, and in Concord.
Dividends.—The last four years company instead of paying dividends has devoted earnings to betterment of property.
Road is 12^ miles long total track, 13*05 miles.
Earnings- For years ending June 30
Stock, com., $100,000
Pref.,cum., $50,000
First mortgage, $150,-
;
1901.
1900.
1901.
1900.
$6,936 $7,838
$64,467 Intr. and taxes.
8,446
5,760
13,598 Balance
Officers— President, Lucius Tuttle, Boston; Treasurer, John F.
Webster; Counsel and Cleik. John M. Mitchell; Auditor, Fred. S.
Heath; Superintendent, H. A. Albin.— V. 73, p. 31.
Gross earnings. .$70,275
Net earnings.... 15,382
30
STREET RAILWAYS.
:
;
:
:
STREET RAILWAYS.
CORNING,
DALLAS, TEXAS.
Y.
N.
Population 1900 was 42,638;
Population 1900 was 11,061; in 1890 was 10,188; and
in 1880
was
31
was
7,402.
in 1890
10,358.
was
38.067,
and
in
CONSOLIDATED ELECTRIC
CORNING & PAINTED POST STREET RY- RDALLAS
Y. -Trolley. Serves a population of 60,000.
A trolley road.
1,
&
STOCK
Commenced
11, 1894.
Organization- Incorporated Deo.
tions Nov.
opera-
1895.
BONDS—
Date.
Stock, $100,000; ($100)
.,
4,AnnA
,„„
ft
$100,000...
lstmortgage
M
Outstand'g. Maturity.
Interest.
$100,000
100.000 Jan. 1. 1926
1896
5 J- J
\ Int at Beacon Tru8t C o.,Bo 8 ton.
Road— Owns 5*3 miles of track, from Corning to Painted Post.
Earnings— For year ending June 30, 1901. gross, $30,783; net,
$13,575; Interest and taxes, $8,624; surplus, $4,951. In 1900, gross,
$27,627; net above charges, $244.
OFFICERS— President. E. P. Shaw, Boston, Mass.; Secretary and
Assistant Treasurer, F. H. Viele, Worcester, Mass.; Treasurer and
General Manager, W. H. Tylee, Woroester, Mass.
5
CORTLAND,
N. Y.
Population 1900 was 9,014; in 1890 was 8,590;
and in 1880 was 4,050.
CORTLAND COUNTY TRACTION.-A
road.
Organization—This company
trolley
Stock & Bonds—
common, $120.
Date.
Diterest.
000 ($100)
$200,000
Pref.,
Outstand'g.
Maturity.
$120,000
5%)
200,000
1901
4g. J-J
180,000 Apr. 1, 1920
1st mtge., $180,000 County Sav. Bk. & Tr.Co., Scranton. Pa., trust.
No sinking
Interest at company's office.
($500), gold
*o]
fund and bonds cannot be oalled.
L
Road —Operates 11 miles of track between Cortland and Homer and
Cortland and McGrawville. Road is to be extended to a connection
with the 8kaneateles & Auburn Railway at Glen Haven.
Earnings— Of the Cortland <& Homer for year ending June 30, 1901
Gross, $31,453; net, $11,596; other income, $171; total net income,
non-oum. ($100)....
ST.
Organization— North Dallas Cirouit was acquired in 1901. There
was a re-arrangement of securities in November, 1901. The following
shows the new status
Date. Interest. Outstandina.
Maturity.
STOCK & BONDS—
Stock, $1,500,000 ($100)
$1,500,000
Pref. $500,000 ($100)
500,000
1901 5«. F-A
1st mort., $2,000,000)
1,050,000 Aug. 1, 1921
($1,000) c* gold
s Hamilton Trust Co., Brooklyn, N. Y., Trustee.
Bonds.— Of the new mortgage $600,000 was used to retire bonds of
like amount due Sept. 15, 1920; new bonds cannot be called.
Road-— Owns and operates 36 miles of road in the City of Dallas and
suburbs. Rails, 74 and 77% lbs. Has guaranteed power contract,
with eight years to run from Jan. 1, 1901, for power, at the rate of
$1 50 per car for an eighteen-hour day.
Officers— President, Pierre S. Du Pont, Lorain, O.; Seoretary and
Superintendent, Edward T. Moore, Dallas; Treasurer, John J. Raskob,
Lorain, Ohio— V. 66, p. 185; V. 67, p. 176; V. 68, p. 618, 670; V. 71, p.
1066; V. 72, p. 1080, 1135, 1187, 1239; V. 73, p. 286.
A
& OAK CLIFF ELECTRIC RYDALLAS
trolley road. Chartered May, 1887. Operates 11 miles of track.
President, H. C. Scott; Vice-President, C. F. Carter;
Superintendent, B. F. Sibert.
Stock, $200,000.
a reorganization in 1901 of the
Cortland & Homer Traction which was sold at foreclosure on April
83, 1901. The company owns all the sto ok and bonds (in all $80,000)
of Cortland & Homer Electrio Co., which furnishes 100 aro lights to
the olties of Homer and Cortland, and also lamps to the public. Carries coal and freight as well as passengers; also owns lease of the
Cortland & Homer RR. Co.
is
Stock,
1880
$
RAPID TRANSIT RAIL WAY-A trolley road.
in Jan., 1899, to Dallas Rapid Transit &
1898, to W. F. Thaver of Concord, N. H.—
V. 67, p. 1003. Capital stock $100,000; par, $100. First mortgage 5
per cent 30-year bonds, dated May 1, 1899, due 1929, int. M.-N. were
authorized in 1899 to amount of $100,000, of which $48,000 was to
be used to pay Mr. Thayer; Massachusetts Loan & Trust Co. is trustee.
Has 13 miles of track on 13 miles of streets.—V. 67, p. 1003, 1132.
President, W. F. Thayer, Concord, N. H.; Vice-President, T. T. Holloway, Dallas; Secretary and Treasurer, C. F. Freeman, Dallas.
Organization— Successor
Terminal Ry., sold Nov.
1,
I
I
$11,767; nxed charges, $7,297; surplus, $4,470.
OFFICERS— President, Frank Battles, Phila.; Sec and Treas.,
Duffey, Cortland, N. Y.— V. 72, p. 821, 1187.
COUNCIL BLUFFS,
IA.— see
Edwin
omaha.
A proposition to lease this road was made in 1901 by the Cincinnati
Traction Co., but the board of directors of the Cin. Newp. & Covington
declined to recommend it. V. 72, p. 1279,
Organization—Organized in 1892 to buy up and consolidate all the
-oads on the Kentucky side of the river, opposite Cincinnati. See
oarticulars in Supplement for May, 1898.
The Cincinnati Covington <fe Erlanger Street Railway, incorporated
Sept., 1899, with $250,000 stock (shares, $50), by parties identified
with the Cincinnati Newport & Covington, is loosed upon as practically an extension of the latter.
Date.
Interest. Outstanding.
BONDSMaturity
STOCK
Stock ($100) $4,000,000
Q-F $3,600,000 Nov., '01, \
Underlying Bonds
So. Cov. & Cin. 1st M. 5 1882 6
M-3
250,000
Men., 1912
($1,000)
I W. A. Goodman trustee.
2d Consol. M., $500,000 g. 5 1892 6 g. J-J
150.000 Jan. 1, 1932
($500—$1,000)
\ Trustee Cin.Saf e Dep.&Tr.Co., Cincinnati.
Newp. ADay.St.Ry. IstM. 1887 6 F-A
100,000 Aug. 1, 1917
Cincinnati Newport <£ Covington
1st consol. mort., gold, $3,- ) 1892 5 g. J - J
2,500,000 July 1, 1922
000,000 ($1,000) .o* & r S Trustee Farmers' Loan & Trust Co. of N. Y.
2d mortgage, $1,000,000, > 1896 5 g. J-J
600,000 July 1, 1922
gold ($1,000 each)
c5 Trustee Farmers' Loan & Trust Co., N. Y
Bonds -Of the 1st consolidated of 1892 $500,000 are deposited with
the trustee to retire all the underlying mortgage bonds. The perpetual
charters of constituent companies are kept alive, and their capital
stocks are deposited with the trustee as collateral for the first consols.
Interest on bonds is payable at the Western Nat'l B^nk, New York
City; First Nat'l Bank, Cincinnati, and German Nat'l Bank Covington.
DIVIDENDS— In 1899, Feb., \ per cent; Aug 13 per cent. In 1900,
2 p. c. In 1901, Feb., \ p. c; May, % p. c; Aug., *t p. 0.; Nov., % p. c.
Road Connects Cincinnati, Newport, Covington, Dayton, Bellevue,
Ludlow, Bromley and Ft. Thomas. Total in operation 60 miles laid
with 80 Johnston girder and 72-pound " T" rails.
&
—
. .
,
—
;
1901
1900
to Sept. 30:
Net.
$610,642
5s8,710
$363,145
350,489
Taxes
and tolls. Balance.
$116,783
135,119
$246,362
215,370
Report—Twelve months
12 months.
to Dec. 31:
Gross.
Net.
Taxes <t Tolls. Surplus.
$783,588
$461,949
$172,386
$289,563
713,386
427,152
147,363
279,789
681,673
339,553
136,116
203,437
Officers— (Elected February, /co/.;— President, James C. Ernst;
Vioe- President, Julius Fleischman; Secretary and Treasurer, George
1900
1899
1898
M. Abbott;
8upt., Jas. R. Ledyard.— V. 66, p.
72, p. 241, 1135, 1279; V. 73, p. 390.
706; V. 69,
sidings, etc., 0*55 miles; total, 11*15 miles.
30:
Net.
Int. <t taxes. Dividends. Bal.,sur.
Cross.
all;
Report — For year ending June
NEWPORT & COVINGTON
Cross.
RY-
Organization.— Has a perpetual special charter, the only street oar
company serving the city of Danbury and town of Bethel. Its lines
also extend to the Danbury Fair Grounds and the pleasure resort of
Lake Kenosha. The population served is estimated at over 30,000.
Miles. Date. Interest. Outstand'g. Last div., etc.
Stock & Bonds—
10-6 miles in
RAILWAY-A trolley road.
Latest Earnings— Nine months
1880
Semi-an. $320,000
See text.
1894 5g. M-N 200,000 Mayl,1914
Interest in Boston at Am. Loan & Trust Co., trustee.
Dividends in 1896-7, 4 p. c; in 1897-8, 4 p. c; in 1898-9, 2 p. 0.; In
1899-1900, 1^ p. c; in 190001, 1*2 p. c.
Road—Trolley road in Danbury and from Danbury to Bethel, etc.,
COVINGTON, KY.
9 months.
DANBURY & BETHEL STREET
in
Stock ($323,000, par$25)
1st M. $200,000, gold
Population 1900 was 42,938; in 1890 was 37,371
and in 1880 was 29,720.
CINCINNATI
DANBURY, CONN.
Population 1900 was 16,537; in 1890 was 16,552; and
was 11,666.
p.
645; V.
CRIPPLE CREEK, COL.
CRIPPLE CREEK DISTRICT RAILWAYElectric road.
Organization— Has been absorbed by and made part of the new
Colorado Springs & Cripple Creek District Rv., its stock and bonds
navmg been retired and exchanged for stock of the new company.
For particulars see Investors' Supplement.
$4,800
$13,212
$9,426
4,800
5,062
12,558
11,254
6,400
3,708
OFFICERS— President, Samuel C. Holley, Danbury, Conn.; Vice-President, S. Harrison Wagner, New Haven, Conn.; Treas., M. H. Grifflng.
1900-01
1899-00
1898-99
$73,956
69,955
58,675
$27,438
22,420
21,362
DANVILLE,
ILL.
Population 1900 was 16,354; in 1890 was 11,491,
and in 1880 was 7,733.
VERMILION RY- & LIGHT
CO.
Sept., 1900, at Charleston, West
electric-light business. Owns the
entire capital stock of the Danville St. Ry.
Light Co.; also contemplates building and operating additional lines of railway in Vermilion
Organization— Incorporated in
Va., to do a general railway and
County,
Stock
&
Illinois.
& Bonds—
Date.
Interest.
Outstand'g.
Maturity.
$1,000,000 ($100)
Mtge. $275,000 ) 1900
$1,000,000
1st
5 A&O
275,000
Oct. 1, 1918
($1,000) Coll. Trust. 5 Int. at Portland Tr. Co., Portland, Me., Trust.
Bonds are secured by a deposit of the entire capital stock ($700,000)
of the Danville St. Ry. & Light Co.
OFFICERS— President, Geo. F. Dunoan; Sec. and Treas., Edward
Woodman, both of Portland, Me. V. 71, p. 603.
St'k,
(1)
DANVILLE STREET RAILWAY & LIGHT.
in Dec, 1899, as a consolidation of
the street railway, electric light, gas and steam heating interests
of Danville, 111.
Date. Interest. Outstand'g. Maturity.
STOCK
BONDS—
Organization.— Incorporated
all
&
Stock, $700,000 ($100)
Refund. M., $700,000, gold,
$700,000
1900 5
525.000Jan.l,'10-25
o**Int. at N. W. Harris & Co., N. Y. and Chic
are due $6,000 annually, Jan. 1, 1910, to 1924,
inclusive, and remainder, Jan. 1, 1925; $24,000 of old prior lien 6
per cent bonds aro still out and $27,000 of the new bonds are held to
take them up. These are included in the $525,000 reported above as
outstanding. Sinking fund of $6,000 per year begins Jan. 1, 1910, bonds
being drawn (at par and accrued interest) in numerical order beginning with number one; mortgage trustee is the Illinois Trust & Savings Bank, Chicago. Of the authorized issue of $700,000, $175,000
are reserved for future extensions and improvements. N. W. Harris
&Co. offered the bonds for sale in Jan., 1900.
Company's Property— The company Jan. 1,1901, owned: 1. Gas
works operated under special charter and a perpetual franchise. 2.
An electric-light plant is operated under a 99-year franchise, with
capacity of 10,000incandescent and 400 arc lights, with dynamos forfurnishing power to street railway. 3. The entire street railway system
of the city, 11^ miles of track, nearly all laid in brick pavement
running to three parks, the fair grounds, cemetery and railway
depots and National Soldiers' Home. Equipped with 50 and 60 lb.
Johnson T rails, with 17 motor cars (General Electric) and 3 trailers,
REPORT—Twelve months ending Dec. 31
1898.
1897.
1899.
1900.
$115,643
$106,527
Gross
$145,237
$163,339
54,431
48.247
75,478
Net
70,283
OFFICERS— President, W. P. (Jannon; Treas., Edward Woodman,
Portland, Me.; Sec, W. B.McKinley; Gen. Mgr., S. L. Nelson.— V. 65
p. 1114; V. 69, p. 1193; V. 70, p. 125; V. 71. p. 602.
$1000
Bonds—The bonds
\
g.
J-J.
32
STREET RAILWAYS.
——
J
-
)
STREET RAILWAYS.
DAVENPORT, IOWA.
1.1901;
RAILWAY-A trolley road.
April 15, 1899,
in September, 1895.
bought Moline Central Street Ry. of Moline, III. The Moline Central
had $48,000 bonds outstanding, of which the Tri-City bought $37,000
In Nov.,
at par, but could not get the rest at a satisfactory price.
1900, capital stock was increased from $600,000 to $1,200,000.—
V. 71, p. 964.
Maturity.
Date. Interest. Outstanding.
BONDS—
STOCK
$1,200,000 6% in '00-01
Stock ($1,200,000 auth.)
&
6gJ-J
630,000 July 1, 1902
July 1,1911
$1,000,000($500 it $1,000) Int. payable inN. Y.atChaseNat. B'kand
in Chioagoat 111. Tr. &Sav.Bk., Trustee
ROAD— Owns 50 miles of trolley road and one mile of horse road,
ooinprisin.fi: all the street railways in the cities of Davenport, Iowa,
and Rock Island and Moline, 111.—combined population over 70,000.
Earnings— For year ending Sept. 30, 1901, gross, $403,884; net,
$157,717; interest and taxes, $43,810; dividends (6 per cent), $72,000;
11891
&R. I.,
(Part due yearly) to
1st M., gold. .o*J
)
(
balance, surplus, $41,907.
OFFICERS— President, Edward E. Cook, Davenport; Vice-President,
P. C. A. Denkmann; 8eo., rreas. and General Manager, J. F. Lardner,
Davenport, la.— V. 67, p. 802; V. 71, p. 964.
DAYTON, OHIO.
Population 1900 was 85,333; in 1890 was 61,220, and
in 1880 WAS 38,678.
CINCINNATI HAMILTON & DAYTON
CO.— A steam motor road.
transit line, Hamilton to Middletown, with steam motors, for Cin. Ham. & Dayton Ry.— V. 64, p. 82.
In July, 1 901, it was reported that the Dayton Germantown & Middletown Traction Co. had secured an option on the line. —V. 73, p. 31.
Organization— Operates a rapid
CITY
RAILWAY CO.-A
Organization— Franchises run
for
DAYTON COVINOTON & PIQUA TRAC-
TION.— A trolley road.
Organization— This was formerly known as the Dayton & Troy
name changed to the above in Aug., 1901. The D. & T
Traction was incorporated in Ohio in Jan., 1900, to build a street railway from Dayton to Troy, but route was changed, and road is being
constructed from Dayton to Covington and Piqua, about 32 miles, to
Traction, but
b^ ready for operation in the spring of 1902. Company acquired the
right to use the tracks of the People's Ry. in entering city of Dayton.
Interest.
Outttana'g. Maturity.
Date.
Stock and BONDS—
<l\
Stock auth., $950,0
..
Pref. stock ($550,000)
(?)
- S
Mar. 1, 1940
Day. & Troy Trac. 1st M. > 1900 5 g.
(?)
g. ($1,000) $1,400,000. s Int. at Bowling Green Tr. Co., N.Y., Trustee,.
M
-V.
STOCK
&
70, p. 739; V. 73, p. 286.
DAYTON & WESTERN TRACTION-Trolleyroad.
Outstanding Maturity.
BONDS—
Date.
Interest.
$400,000
A.-O.
Q.-J.
400,000 0^/1901
$400,000, 5 p.c
\
Bonds were canceled and the above preferred stook issued; quarterly dividends of 1H p. c. are paid.
ROAD— Dayton, Ohio, to Eaton. 25 miles, operated from June 26.
1898.— V. 66, p. 708. An extension of 16 miles to Richmond, Ind., is
to be built in the spring of 1902.
OPFICERS—President and Gen. M'g'r., V. Winters; Vice Pres't., Chas,
B. Clegg Secretary, D. B. CorwiD.
pref.,
;
DAYTON
XENIA TRANSIT
CO.-Trolley.
&
Organization— Incorporated in April, 1901, as a consolidation of
Xenia Traction and the Rapid Transit Co. of Ohio, with
the Davton
authorized capital stock of $800,000. The Dayton * Xenia Traction had
in 1899 purchased the Dayton Spring Valley & Wilmington Transit Co.
On July 8, 1901, the company formally took title to its various prop-
50 years from Feb.
8,
1892, and
erties.
BONDS
&
STOCK
Stock, $400,000 (par $100)
<fc
trolley road.
April 19, 1893.
Com.
City,
701b. T.
Stock,
preferred; the preferred stook is cumulative 5 per cent.
OFFICERS— President, Valentine Winters; Vice-Pres. and Gen. Man.,
H. P. Clegg; Secretary, Chas. B. Clegg; Treasurer, J. H. Winters,
General office, 1009-1012 Reibold Building, Dayton, Ohio.
Do
TRACTION
rails
City, Ohio.
Organization— Incorporated
Dav.
and to be finished to Dayton by December
Power house to be located at Tlppeoanoe
$500,000 ($100) common, and $500,000 ($1C0>
Troy and Tlppeoanoe
Population 1900 was 35,254; in 1890 was 26,872,
and in 1880 was 21,831.
TRI-CITY
33
Date. Interest. Outstand'g. Maturity
V. 73, p. 82.
Stock
&
Bonds—
Date.
Interest.
Outstand'g.
Maturity.
5g.
$800,000
300,000
1920
stock, $1,500,000 ($100)
5 p. c. $1,490,600 See text.
Pref. stook,
do do
6 p. c.
600,000
$600,000 ($100)
Dayton A Soldiers' Home)
1891
6 J65,000 Jan.1,'11
RR. 1st mortgage
J Interest at Chemical Nat. Bank.N. Y. City.
Stock, $800,000
Day. <fe Xenia Trac.
1st M., $300,000..
\
Dividends— In 1897 there had been paid on preferred 6 per cent and
on common 5 per cent for several years. In 1900, 6 p. c. on both
oom. and pref.; in 1901, Jan., l 1^ p. c; April, l 1^ p. c; July, l^ p. c,
aad Oct., i*« p. c, on both stocks.
Oad— Controls and operates in all 32 miles of track, namely. Third
8treet Line, Fifth Street Line, Green Line, and Dayton and Soldiers'
Home Electrio Ry.; gauge, 4 ft. 8^ in; rails, 70 and 90-lb.: operating
50 G. E. double motor, 50 summer motor bodies, 50 dosed motor
bodies and 40 trail oars.
Officers— President, D. B. Corwin; Vice-Pres., C. B. Clegg; Sec,
Valentine Winters; Supt. and Purch. Agent, T. E. Howell. Office, corner Jefferson and Third Streets, Dayton.
Rapid Transit Co.
S
Interest at Fidelity Ins., Trust & Safe Deposit
Co., Philadelphia, Trustee.
Road— Owns and operates 51 miles of road from Dayton to Xenia,
and from Dayton to Spring Valley, of which about 20 miles is over
private right of way.
OFFICERS— President, Clement J. Ferneding; Treas., Edward Canbyj
Sec, O. O. Ozias—V. 70, p. 175; V. 71, p. 341; V. 73, p. 82.
DAYTON & NORTHERN ELECTRIC.-SeeV.
DAYTON SPRINGFIELD & TJRBANA ELEC-
71, p. 1269.
TRIC RAILWAY-(See Map on page 32.)—A trolley road.
by the same interests as the Columbus London
Is controlled
&
Springfield.
Organization— Incorporated under the laws of Ohio to construot a
road from Dayton to Springfield and Urbana, 41 miles. Franchise
permits the carriage of freight and express matter. Mr. A. E. Apple
yard, a large stockholder in this and various other roads, in May,
1901, purchased he Dayton Lebanon <fe Cincinnati Ry. in operation
from Lebanon to Lebanon Junction, and intends to extend it to a connection with the Dayton Springfield & Urbana, giving a line from
Dayton to Lebanon— V. 72, p. 1080. Owns the stock of the Springfield & Western Ry., which is operated as an extension.
Interest.
Date.
Outstanding.
Maturity.
STOCK &, BONDS
Stock, $750,000
$750,000
1st M. ($750,000), gold, < 1898 5 g, M-N
750,000
Nov. 1, 1928
$1,000
Int. at Continental Tr. Co., N. Y., Trustee.
c")
Can be called at 110 and int. after Nov.l, 1905. Sinking fund of 5 p.
o. of gross earnings begins Nov. 1, 1905.
Road— Runs from Dayton to Springfield, 27 miles, and thence to
Urbana, 14 miles. All completed at end of 1900. Second track, sidings, etc., make the mileage equal to 50 miles single track. Private
right of way over most of entire line, following turnpike; 90 and 95lb. girder rails used in cities; elsewhere 70 and 75-lb. T-rails; gravel
ballast; 21 oars; freight and passenger traffic. In June, 1901, an extension to Bellefontaine was proposed.
Officers— Prest., John 8. Harshman; Vice-Pres., Frederick Col
burn; sec. and Treas., J. G. Webb; Gen'l Mgr., J. R. Harrlgan.
Office
at Springfield, O.— V. 68, p. 330; V. 70, p. 632; V. 71 p. 390; V. 72, p. 1 080.
1900.
Old Colony Trust
1899
5 M - N
»
Co.. Boston, Trustee.
300,000
May
1,
1919
1st M., $300,000.,
RAILROAD-A steam
HOME AVENUEtrack
Dayton extending
Road— Operates 3 miles of
road.
to
in city of
Na-
to Cincinnati Hamilton & Dayton RR.
(lease made perpetual in 1897) for 50 per cent of gross earnings, but
not to be less than 3 per cent on the $100,000 capital stock; par oj
shares, $50. No indebtedness. President, W. P. Callahan.
tional Military
Home. Leased
OAKWOOD STREET RAILWAY-A
trolley road.
Organization—Franchise runs for fifty years from July 10, 1891 j
first franchise granted March 17, 1871.
Owns 5 miles of double track.
Capital stock authorized, $300,000; par, $50; outstanding, $19,000;
there is no mortgage on the property. Dividends are paid. President,
Charles B. Clegg; Vice-Pres., David B. Corwin; Secretary, H. P. Clegg.
by th&
PEOPLE'S STREET RAILWAY.-Owned
latter under Philadelphia.
American Rys. Co.— See statement of the
i
—V.
I
(
)
,
73, p. 286.
SPRINGFIELD & WESTERN RY —A
DECATUR,
DECATUR TRACTION AND ELECTRIC
Trolley road.
Organization— Organized Oct. 20 1899, under Illinois law, as successor to the City Electric Railway (of Decatur) sold at foreclosure
September, 1899, and bought in by the bondholders. The new company authorized bonds as below, which were sold in May, 1 900, to
New York parties.
Stock
&
Bonds—
Stock. $7o,000 ($100)
1st mtsre
kl^n oon (
$75,000
1901
5 g. J-D
75,000 June 1, 1921
($10001'
<? s 1...0
„.< Int. payable at Cont. Trust Co.. N. Y, trustee.
r
p ,wv,, g ., a
( Guar p.&i.byDayt. Springf. & Urbana by end.
Bonds- $175,000 of the bonds are reserved for extensions, to be
issued at the rate of 75 p. c. of aotual cost. A sinking fund of 5 p. o,
.
of gross earniogs
becomes operative after June 1, 1906; after that
date bonds can be called at 110 and interest on any interest date.
Road— Owns and operates 4^ miles of road on private right of way
noni Medw ay (where connection is made with the D. S. & U. Elect.
Ry.) to New Carlisle. Owns 250 acres of land, which is used as a
pleasure park. V. 73, p. 2b8.
DAYTON TRACTION-See Southern Ohio Traction under
Cincinnati.
DAYTON & TROY ELECTRIC RY-A trolley road.
Organization.— Incorporated in 1900 to construct an electric road
Detween Day ton and Troy, 20 miles, of which 10 miles double track
ana 10 miles single track, giving 30 miles of track. Is being built en
tirely on private right of way.
Completed and in operation between
Date.
Interest.
Outstand'g.
Matur'y,
$250,000
1900 5 J-J
207,000 Jan. 1.1920
1st mort., $250,000, "cA
Int. at Illinois Tr. & Sav. Bank, Chicago,
($500 and $1,000 each).; Trus., or Knickerbocker Trust Co., N. Y.
Stock, $250,000 (par $100).
Road— 13^
miles of trolley track.
Officers— President, B. W. Campbell, Cincinnati; Secretary an<4
Treasurer. W. L. Shellabarger, Decatur.— V. 68, p. 129; V. 69, p.
333, 541, 905; V. 70,
trolley road.
ORGANIZATION-This road was built by the owners of the Dayton
Springfield & Urbana Ry. to serve as a feeder for that road. All of
the capital stock (except a few shares to qualify directors) is owned
by that company.
Stock & BONDSDate.
Interest. Outstand'g.
Maturity.
ILL,.
Population 1900 was 20,754; in 1890 was 16,841;
and in 1880 was 9,547.
p.
945.
DENVER, COL.
Population 1900 was 133,859; in 1890 was 106,713, and in 188©
was
35,629.
DENVERMapCITY
TRAMWAY COMPANY-Electric—
on Page 34.)
(See
Organization.— Consolidation in March, 1899, per plan in V. 67, p,
1262, of the Denver City RR. and the West End Street RR. (both sold
under foreclosure on Dec. 15, 1898), with the Denver Consolidated
Tramway. V. 6*. p. 281, 473. Also owns and operates the former
Colfax Ave. Electric, which was sold at foreclosure in February, 1899.
In ,iuly, lb99, the Denver Board of Supervisors repealed the socalled blanket and perpetual franchise of 1885, as to unoccupied
streets; the question as to the power of repeal is pending in the courts.
On March 21, 1900, the right for 20 years to operate the cable lines
by electricity was granted by the city, and on April 1, the change of
power was made—V. 68, p. 1023; V. 69, p 228.
Maturity.
Outstand'g.
Interest.
Stock and Bonds— Date.
$5,000,000 Nov.15'01,1%
498,000 July 1, 1908
Consol. M., gold.. c*<fcr. 1890
1,219,000 Jan. 1, 1910
6
Met. St. RR. 1st, gold.. .1891
953,000 Jan. 1, 1911
6
Denver Con. Tramway ) 1893
a 1,167,000 Oct. 1,1933
5
Con.M.,$4,000,000.g s Interest atTviercantile Trust Co N. Y., trustee.
Purchase money mort. 5 1«99
5 g. A.-O.
2,000,000
Apr. 1, 1919
gold, $2,000,000
\ Int. at Central Trust Co., New Yoik, Trustee.
a No more bonds can be issued under this mortgage.
Stock $5,000,000 ($100)
Denver Tramway
1st,
....
g.1888
6
g. J.-J.
g. J.-J.
g. J.-J.
g. A.-O.
E
1
.
STREET RAILWAYS.
34
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MAP OF TOE
CONTINUATION ON THE EAST
OF THE LINES OF THE
KNTEB
(
IT!
I
KA.M
WAY
CO.
LINES OF THE
DENVER CITY TRAMWAY CO
DENVER, COLORADO
-»-
—J
)
'
:
STREET RAILWAYS.
The new mortgage is a first lien on the Denver City and West End
properties and a Hen on the Deuver Consolidated Tramway Junior
to its existing mortgages, to remain outstanding and be assumed.
Abstract of Denver Consolidated Tramway consol. M. of 1893, V. 52,
p. 354.
Road— Owns about 143 miles of electric track.
DIVIDENDS— First quarterly dividend of 1% was paid May 15, 1901;
also Aug. lo, 1 p. c; Nov. lb, 1 p. o.
Earnings— The combined properties earned $1,302,289 gross year
ending Dec. 31, 1900, and $1,230,161 gross in calendar year 1899.
Charges.
Surplus.
Net.
dross.
Jan. 1 to Sept. 30—
$505,946
$285,742
$220,204
1901
.$1,114,555
1900
963,587
279,500
422,558
DETROIT ELECTRIC.
Railway-
Date.
Interest. Outstanding.
Maturity.
1912-1924
1st M., g. ($1,000), on J 1895
1,800,000
5g- J-P
56'34 miles
c'&r. \ Trustee, Cleveland Trust Co
Det. Elec. Con. M.. $2,800,- \ 1896
$1,000,000 June 1,1916
5g. .ID
000, gold ($1,000).. c*&r< Cleveland Trust Co., trustee. As to Dec,
1897, interest, see V. 65, p. 1219.
Bonds— First mortgage bonds of the Detroit Ry. numbered 1 to
600 mature in order of numbers at $50,000 per annum, beginning
Dec. 1, 1912; numbers 601 and above mature Dec. 1, 1924. Detroit
Electric consolsfor $1,800,000 are reserved to retire the first mortgage
bonds as they mature.
Detroit
143,058
OFFICERS— President, Rodney
Curtis; Vice President, Win. N. Byers,
Secretary, Wm. G. Evans; Treasurer, George E. Ross-Lewin.— V. 52,
p. 354: V. 67, p. 1262; V. 68, p. 281, 473. 1023; V. 69, p. 228; V. 70, p.
696; V. 72, p. 872.
35
DETROIT FORT WAYNE A BELLE
Bonds—
1st mtg.. g., $1,200,000
($1,000)
Interest at Kean,
DES MOINES, IOWA.
Population 1900 was 62,139;
was
in 1890
22,408.
was
and
50,093,
in
1880
in 1893.
Is
authorized to carry
freight.
STOCK
&
BONDS—
Miles. Date.
Btook, com., $3,000,000 ($100)
Interest.
5
Maturity.
Outstand'g.
*, n =,. nnn
»i,ooo,uou
250,000
6g.A-0
503,000 Oct. 1, 1901
($25,000 due yearly) to Oct. 1, 1919
Jan., 1908
Des Moines Sub Rvf 12 189 ° 6g.J-J due273,000
yearly) to Jan., 1921
($20,000
1st mirtraSe g
eoft'
«2 \ Interest at Chemical National Bank, N.Y. City.
iinnn.i'.h
»i,wu
eacn
c
^ Trustee, Iowa Loan & Trust, Des Moines.
1901 5g.A-0
938,000 Apr.30,1921
D. Mo. City Railway ( ....
mortg., $3,000,000, ? Infest at N.W. Harris, N.Y. City; also Chicago.
( Trustee, Illinois Trust <fc Savings Bank.
g. ($1,000)
Bonds— Of the new mtge. bonds of 1901, $882,000 were originally
reserved to retire the underlying sixes then outstanding. Of the
$93^,000 5s reported outstanding, $5,000 have been deposited with
Illinois Trust <fe 8avings Bank to be held in lieu of $4,000 Des Moines
Bonds can be called on any interest
City Railway 6s still out.
date after April 1, 1906, at 106 and interest. Sinking Fuud becomes
operative as follows; $10,000 yearly on April 1 from 1906 to 1910,
$15,000 from 1911 to 1915, and $25,000 from 1916 to 1920. The remaining bonds may only be issed to pay for 80% of cost of extensions,
stk,6p.o.,non-cum
D. Mo. St. RR. lstM.,5
gold, $1,000 each... I
Pf.
23
1889
'
providing net earnings are 50% in excess of interest charges upon al 1
bonds outstanding, including those to be issued.
ROAD.— Operates 50 miles of track on 31 miles of street. Inter
urban extensions, aggregating 100 miles and to be operated as passenger and freight lines, proposed.
Tears ending Dec. 31.
Gross.
Oper.exp.
Net.
1900
$353,034
$229,722
$123,312
1899
299,191
203,297
95,894
1898
254,820
176,210
78,610
OFFICERS— President, J. S.Polk; Secretary, A. G. Maish; Treasurer
and General Manager, Geo. B. Hippee; Superintendent, W. G. Owens
DETROIT, MICH.
Population 1900 was 285,701; in 1890 was 205,876, and in 1880
was
116.340.
DETROIT
UNITED RAILWAY.
Trolley.
-(bee
Map
page
36).
Incorporated in Mich. Dec. 31, 1900, and took over franchises and
properties of the Detroit Citizens' Street Railway, the Detroit Electric
Railway, the Detroit Fort Wayne & tJelle Isle and the Detroit Suburban.—V 72, p. 44, 183. The Citizens' Traction Company, which held
the stocks of the consolidated lines, has been liquidated. The majority
Interest, formerly owned by R T. Wilson & Co., has been sold to Henry
A. Everett and E. W. Moore of Cleveland and their associates, acting
In connection with Kean, Van Cortlandt & Co., of New York. Embraces all the street railway lin°s in Detroit. Detroit United Railway
stock has been listed on the New York Stock Exchange also Detroit
;
Citizens' Ry. consol 5s.
Lat->r absorbed by purchase the Detroit
Northwestern Ry., which
is known as the Orchard Lake division, the Detroit
Pontiac Ry.
known as the Pontiac division, the Wyandotte <& Detroit River Ry.
known as the Wyandotte division, and the Detroit & Flint, formerly
&
&
the Detroit Rochester Romeo & Like Orion Railway.
In Aug.. 1901, purchased the Sandwich Windsor <fe Amherstburg Ry.,
the City Electric Ry. and the People" s Electric Light plant of Windsor,
Ont. The railway operate^ 13 miles of track, and has franchises tor
several miles of projected lines.
In September, 19ol. it was announced that a plan had been perfected whereby the Detroit United Railway shareholders were to
receive $105 in the 30 year 4 per cent gold bonds of a new Michigan
corporation for eacn $100 share of stock held by them. They were
also to get $100 in the stock of tlrn new corporation, which is to be
authorized to issue $12,500 000 stock and $50,000,000 bonds. [On
Nov. 19, 1901, however, a mortgage for only $35,000,000 was authorized to take up existing liens at maturitv and to provide for extensions and improvements. No bonds are to be issued at present ] It
was dpclared To be the intention ultimately to bring und^r one control all the various Everett-Moore properties. In the event that this
plan for unity of control is consummated, depositing shareholders
were to receive in place of the $100 of stock of the new Michigan
corporation, " stock or securities, or botn, of the corporation invested
with control of the acquired lines." A syndicate composed of Henry
A. Everett, Edwird W. Moore and Ralph A. Harmon agreed, as part
of the reorganization arrangement, to advance such sums of money
up to $2,000,< 00 as may be necessary to meet accruing obligations of
the Detroit United Railway or the Michigan corporation which is to
take its place, during the period of eighteen months from Sept 4,
1901, the day when the agreement was declared operative. For full
details see V. 73, p. 553.
Date.
Maturity.
Stock
Interest.
Outstand'g.
Bonds—
Stock, $! 2,500.000
$12,500,000 1% Dec, 1901
&
DETROIT CITIZENS.
Detroit Citizens* 1st) 1895
July 1, 1905
5g.J-J
$6,585,000
Con. M., $7,000,000 S Trustee, N. Y. Security & Trust Co., N. Y.
($1,000) gold.
*c ) Interest at Kean, Van Cortlandt & Co., N. Y.
Guaranteed under terms of lease
Detroit Suburban Ry, £ 1 892
- N
5
Nov. 1, 1902
275,000
1st M. $400,000
Trustee, Union Trust Co., Detroit.
Det. Suburban Ry„
5 J140,000
Jan. 1,1908
1st mort., $250,000, 1893
Trustee, Union Trust Co., Detroit.
($1,000)
Bonds—Of the consolidated mortgage for $7,000,000, $415,000 are
held by trustee to redeem the two issues of underlying bonds.
:
M
C
1898
Interest
5g. A-O
DETROIT & NORTHWESTERN RT.
4*2g.M-N $855,000 May 1, 1921
g„> 1901
c*. 5 Int. at Union Trust Co Detroit, Trustee.
$100, $1,000
Bonds— Are guaranteed principal and interest by the Detroit United
Ry. and are subject to call at 105 and interest on 60 days notice after
1st mtg., $1,000,000,
,
DES MOINES CITY RAI LW A Y-A trolley road.
Organization—A consolidation
Van
ISLE.
Outstand'g.
Maturity.
$1,200,000 Apr. 1, 1927
Y Security & Trust Co., Trustee.
(Subj. to call at $105 & int. on 60 d. notice.)
l (Su
Cortlandt & Co., New York.
Dale.
May
1,1911.
DETROIT & PONTIAC RT.
1897
5g.F-A
)
$500,000 Feb. 1, 1922
N. Y., Trustee.
c* s Washington Trust Co
$1,000, gold
$515,0i>0 Junel,1926
4^g. J-D
1st Con. M ,g. ($1,000) ) 1901
$1,100,000
c* 5 Washington Trust Co., New York, Trustee.
Bonds— $50 ',000 con=olidated mortgage 4*s p. c. bonds are reserved
to retire like amount of 1st mortgage bond-> and $85,000 bonds are in
the treasury. Bonds are subject to call at 105 and interest on 60 days
notice after June 1, 1911. Principal and interest guaranteed by DeIstmortgrge, $500,000,
troit United.
WYANDOTTE & DETROIT RIVER
RY.
6g..T-D
$200,010) '893
$200,000 June 1,1903
c*. s Union Trust Co Detroit, Trustee.
lstconsol.M., $425,000, ) 1898
5g.J-D
$L97,000 Dec. 1, 1918
c* Int. at Union Trust Co., Detroit, Trustee.
$1,000, gold
Bonds. -Of the $425,000 consolidated mortgage bonds, $200,000 are
reserved to retire bonds of like amount maturing in 1903 and $28,000
1st mortgage,
($1,000) g
,
J
are in treasury.
DETROIT
FLINT RAILWAY.
Organization— The Detroit Rochester Romeo Lake Orion Ra'lwav
purchased the property of the Detroit Lake Orion & Flint Railway.
The Detroit
Flint Railway was organized to acquire the Detroit
Rochester Romeo <fe Lake Orion, together with the North Detroit
Electric Railway and the Detroit Utica & Romeo Railway. The consolidated mortgage is a first lien on these last two properties.
Ma'uity.
Date. Interest. Outstanding
D R R.& L.O.Ry. 1st mrg,] 1900 5gJ-D $1,100,000 June 1.1920
S F gold ($l,o00) $1,250- Iut at Ameiican Trust & Savings Bank,
000 unissued bonds have
Chicago, Trustee; al->o Guaranty Trust
<fe
*>
<fe
!
:
Co., New York.
1901 5g. F-A $1,400,000 Aug 1,1921
\ City Trust Co., New York, Trustee
Bonds.— Of the consolidated mortgage $1,100,000 are reserved to
retire bonds of like amount of the D. R. R. & Lake O Ry. and $500,000
are unissued.
Consolidated bonds are subject to call at 100 and
inteiest after August 1, 191 1, on 60 days' notice, guaranteed by the
Detroit United Railways.
Earnings— The combined earnings of the Detroit Citizen', the Detroit Electric and the Detroit Fort Wayne & Belle Isle for the calendar year 1900 and 1899 compare as follows:
been canceled
c*
Det. & Flint lstconsol.M.,
gold, $3,000,000
C
J
>
1899.
1900.
Gross earnings
$2,041,399
$2,351,317
Operating expenses and taxes. .. (54%) 1,270,066 (54-3%) 1 ,108,349
$9 43,050
$ ,081,251
$551,675
$561,500
Surplus for stock.
$381,375
$519,751
The earnings for the 9 months of 1901 (compared with 1900) of the
Detroit United Ry., including those of the etroit <fe Northwestern
from May 1, the Detroit & Pontiac from June 1, the Wyandotte &
Detroit River from Feb. 20, and the Detroit & Flint from Aug. 1, are
Fixedcharges
i
as follows
Nine months ending Sept. 30Gross earnings..
Operating expenses and taxes
1900.
1901.
$2,125,841
1,141,174
$1,884,736
1,051,290
Net earnings
Otherincome
$984,667
17,260
$833,446
10,816
Total income
Fixedcharges
$1,001,927
484,781
$844,262
466,205
Surplus for stock
$378 057
$517,146
Dividends— The first dividend of I per cent was paid March 1, 1901,
and regular 1 per cent quarterly since then.
Road— Comprises about 365 miles of track in and around Detroit.
OFFICERS— President, H. A. Everett, Cleveland; Vice-President and
Treasurer, J. C Hutchins, Detroit; Sec, Edwin Henderson, N. Y.;
Assistant Secretary, A. E. Peters, Detroit. General oftices, 12 Woodward Avenue, Detroit -V. 71, p. 1310; V. 72. p. 44. 136, 183, 241, 338,
391, 627, 722, 935, 1135, 118; V. 73, p. 137, 236, 337, 39i, 494, 553,
;
615,957.
H) DETROIT & PORT HURON SHORE LI*E RY.—A trolley road.
InJun*, 1901, control of this propeity was acquired by the Eyerett-Moore syndicate of Cleveland
Organization-— Incorporated in May, 1900. Is a consolidation of
the Rapid Railway Co., the Det. Mr. Clemens & Marine City Ry. (the
purchaser of the properties of the Mt. Clemens & Lakeside Traction
Co. and the Detroit <fc River St. Clair Ry), trie ^ort Huron St. Clair &
Marine City Ry., the Connors Creek & Clinton River Plank Road
Co. and the City Electric Ry. of Port Huron. The new company
owns the capital stock of each road. The consolidated company
operates all the tracks in Mt. Clemens and Port Huron, aud the
through route from Detroit to Port Huron running through Mt.
Clemens, New Baltimore. Algouac, M^ine Ci y and St. Clair. Also
owns the capital stock of the Detroit & Lake St. Clair Ry.
Stock and Bonds—
Stock, $2,500,000 ($100)....
Date.
Interest.
Outstand'g. Maturity.
$2,000,000
Jan 1,1950
5 g J-J 1,217,0
1900
IstM., $2,500 000 ($1,000) ( Union Trust Co., Detroit, lTu=t
\
cannot be called, g.c*&r. (Iutere-t at American Exch. Ba
Bank, N. Y.
Bonds— Of the new 1st mortgage, $783,000 is set aside to retire
underlying liens (namely the bonds of the Rapid Railway and of the
City Electric Ry. and the Port Huron St. Clair & Marine City Ry.)
and $500,')00 is reserved for extensions and acquirements.
,
3H
STREET RAILWAYS.
——
STREET RAILWAYS.
ROAD— 107-79
3T
DOVER,
miles.
Earnings— For
Sept. SO, 1901, were, gross. $125,-
months ending
3
operating expenses, $63,156: net earnings. $62,791 other income, $435; interest charges, $29,960; balance, $33,266.
OFFICERS— President, C. J. Reilly; Treasurer, Charles M. Swift.— V.
70, p. 686; V. 72. p. 136, 282, 1237.
947;
AND
;
THE RAPID RAILWAY.—A trolley road.
(a)
Organization— Chartered March 1, 1894.
In May, 1900, was consolidated with the Detroit & Port Huron Shore
Line Ry which owns the $250,000 stock of same. V. 70, p. 633, 687.
Interest.
Outstanding.
Maturity.
Date.
BONDS
Mar. 1, 1915
5 M-S
$300,000
1st mortgage, $300,000, $ 1895
,
Finance Co. of Penna., Phila., Trustee.
May 1, 1916
$300,000
5 g. M-N
$600,000 (gold).-...o\ ( Int. at Finance Co. of Penna., Phila., Trustee.
Of the consol. mortgage bonds of 1896, $300,000 are reserved to
take up the outstanding first mortgage bonds.
o*
($1,000)
1st Consolidated mtge.
(b)
\
Int. at
<
1896
RAPID RAILROAD—To be a trolley road.
A
Interest.
Outstand'g.
Maturity.
M-S
Mar. 1, 1913
6 g.
$180,000
1st mort
$200 000 (
JJJi jn.uw
*i nnn
S Subject to call at 105 and int. after Mar. 1, 1903
gom,
(Interest at Hanover National Bank, N. Y. City.
Bonds—The mortgage trustee is the Union Trust Company of Detroit.
'
(d) DETROIT A
RY--
Organization— In August. 1999. was incorporated under laws of
Delaware, to build an electric railway from Milford, Del., via Dover,
to Woodland Beach and Smyrna, with a branch to Bombay Hook on
Delaware Bay (which is used as an excursion resort), a total distance
of about 40 miles. Will carry both passengers and freight. Construction under way, and about 10 miles of road built. Rtst to be completed about Feb., 1902.
Interest.
Outstanding.
Maturity
Date.
STOCK & Bonds—
$1,000,000
Stooh, $1,000,000 ($50)
5gM.-S.
1,< 00.000 Sept. 1, 1955
( 190 °
i«t\f *ionoooo
Knickerbocker Trust Co N. Y, Trustee.
,*inn
*i
nnnV
i
$i,uuu)
Ifriuu,
g
(int. at agency of the company, New York.
OFFICERS— President, Leo Belmont; Secretary, William Graham,
Philadelphia; Treasurer, Morris Bernheimer, Philadelphia.— V. 70, p.
,
381; V. 72, p. 775, 1080.
•
CITY ELECTRIC RAILWAY (OF PORT HURON).—
Organization— Chartered May, 1892, and was granted a new franchise from March 1, 1899. for 30 years. Stock ($100,000) is owned by
Detroit & Port duron Shore Line Railway.
1893
in 1890, 3,061;
2,811.
trolley road.
DOYLESTOWN,
LAKE ST. CLAIR RY. CO.— A trolley road.
PA.
POPDLATION 1900 was
(c)
Date.
WAS
IN 1880
DELAWARE GENERAL ELECTRIC
Organization.— Incorporated in 1898 to build the extension of the
Rapid Railway from Mt. Clemens to Port Huron, Mich.. 40 miles, via
8t. Clair Flats. Algonao, Marine City and St. Clair. The Detroit & Port
Huron Shore Line Ry. owns entire capital stock of $2,000,000.
BONDS
DEL,.
Popdlation 1900 was 3,329;
3,034; IN 1890
IN 1880 2.070.
and
DOYLESTOWN
WAS
2,519,
WILLOW GROVE
&
CO.— A trolley road.
RY,
Organization— Organized as successor to the Bucks County Ry.
purchased at foreclosure sale on March 14, 1900.
Outstand'g. Maturity.
Date.
Interest.
Stock and Bonds—
Co..
Stock. $500,000 ($50)
1st mortg., g.$500,000
$1,000, gold
)
1900
5
Land
5
Title
g.
$500,000
500,0(0
& Trmt Co.,
1930
Phila., Trusteee.
Road— Owns and operates 13 miles of road from Doylestown to Willow Grove, running over the ol turnpike between those places, which
is leased for 999 years.
OFFICERS— President. Geo. D. Widener; Secretary and Treasurer,
Alex. Rennick, both of Philadelphia.— V. 69, p. 1061; V. 70, p. 229
i
Organization- Successor by purchase April 1,1900, of the Detroit
Lake Shore & Mt. elemens Ry.
Bonds—
Date.
Interest.
Outstand'g.
Mnturity.
5g.A.-0.
$290,0<
April 1, 1920
5 Interest at UDion Trust Co., Detroit, Trustee.
Bomis.— The bonds are guaranteed, principal and interest, by the
Detroit
Port Huron Shore Line Ry., the Rapid Railway Co. and the
Detroit Mt. Clemens <fe Marine City Ry.
Road. Detroit to Mt. Clemens, 17 miles; trackage within Detroit
«lty limits over Detroit Citizens' Ry., 8*2 m.; total operated, 25*a m.
IstMtg., $400,000.
gold ($1,000) ..c*
1900
>
1149.
j
DUBUQUE, IOWA.
<fe
(e)
PORT HURON
ST.
BONDS
CLAIR & MARINE CITY RAILWAY.—
Date.
Interest.
Outstand'g.
Maturity.
1900
5 M-S
$3,000
Men.
Union Trust Co., Detroit, trustee.
The remaining $297,000 bonds have been canceled.
1st
mort
($5U0
.g.,
&
$300,000
151.000)
>
1,
1920
s
DETROIT
& TOLEDO SHORE LINE
trolley roaa.
To be a
RR-
Organization-— Incorporated in 1899 to build a steam road from
Detroit to Toledo. In ApriL 1901, was purchased by the EverettMoore syndioate of Cleveland, and will be operated as a double-track
electric road; is being built over an entirely private right of way
(averaging over 80 feet) from Toledo to Trenton, Mich., a distance of
38 miles. One track is now in operation between Toledo and Monroe,
a distance of 18 miles, and track is laid and ballasted over the remaining distance. It is expected that the road from Monroe to Trenton
will be in operation before Jan. 1, 1902. Connection is made in Trenton with the Wyandotte Division of ihe Detroit United Ry., and when
the road is completed to Trenton, through cars will be operated between Toledo and Detroit.
Date.
Interest. Outstanding.
Maturity
BONDS
1
1902 ^g-J-J $1,200,000
Jan., 1932
^ISOOO^OOO ^^'^'! Manhattan
Trust Co.. New York, trustee.
li'Trl.tfin^Ti™ y
Red atAo5 & mt. o* J Int at Kean Van Cortlandt & Co.. New York.
-
'
Note.—The $1,200,000 reported outstanding has not actually been
Issued but will be emitted from time to time as construction progresses.
Officers-— President. Edw. W. Moore; Vice-Pres., J. C. Hutchins;
Treas., C. H. Stewart; Sec, George S Stewart; Gen. Mgr , A. F. Edwards.-V. 70, p. 894; V. 72, p. 626, 722,935,988,1135; V. 73, p.
$62, 899.
DETROIT YPSILANTI ANN ARBOR &
JACKSON RY.Organization—Organized in 1901; absorbed by purchase the De& Ann Arbor Ry. and the Ypsilantl & Saline Electric
Ry. Has trackage over the Detroit United Railway. On Nov. 1, 1901,
took over the Lansing City Electric Ry., 10 •$ miles.
Date. Interest.
Outstanding.
Stock
Maturity
Bonds—
Stock, com. ($2,600,000)
$2,600,000
New 1st M., $2,600,000 1901 5g. F-A
1,610,000
Feb. 1, 1926
(«5"0, $1,000 ), gold., c* Int. at Detroit Trust Co., Detroit, trustee.
troit Ypsilanti
&
Det. Yp.AAnn Ar. 1st M.
(S60i i.OOO), g. ($500 or
$lToo6"each?
W
".'
".*.
Det.'Yp. <fc Ann Ar! Cons".
1st M., $1,000,000 gold
($500 & $1,000 eaoh),
8.
f.,
Stock
annualy
5
1897 6g.M-N
Nov. 1,1917
600,000
Union Trust Co.,Detroit, trustee.
Intere8t at
1
i
|
1899 6g.F-A
330,000
Feb. 1, 1924
Interest at Union Trust Co.,Detroit, trustee.
,
and Bonds— Of the new
1st mtge. of $2,600,000, $990,000 are
reserved to retire uaderlying Indebtedness. 8inking fund at rate of
$5,000 for first 10 years, $10,000 for next 5 years and $20,000 for re
mainin* 5 years. Company guarantees $60,000 Ypsilanti & Saline
Ry. bonds.
Road— Completed from Detroit (through Wayne and Ypsilanti) to
Ann Arbor and to Jackson; is in operation as far as Chelsea, 15 miles,
and
entire road to
Jackson
expected to be In operation by Nov. 15,
Extensions from Jackson to Lansing and from Jackson to Coldwater are in progress, right of way
having been secured. A further extension from Lansing to Grand
Rapids, via Grand Ledge and Ionia, is now under consideration.
Officers— Pre^., James D. Hawks: Sec, F. A. Hinchman; Treas.,
°-P- Angus. Office, Peninsular Bank Bldg., Detroit.— V. 68, p. 282;. V.
is
1901, making mileage 100 miles.
73, p. 957.
(1)
LANSING CITY ELECTRIC RY.—A trolley
road.
Organization— Franchise granted in 1889 and runs 30
STOCK & BONDS—
Dale. Interest. Outstanding.
Stock, $100,000"
1st M., $100,000, gold.
years.
Maturity.
$100,000
1896 5 g. J&J.
100,000
Jan. 1, 1945
Continental Trust Co., N. Y.
Road— Owns lo miles of track, 11 motor cars and 7 trailers.
Trustee
is
—V. 73, p. b57.
POPDLATION
IN
1900 was 36,297; in 1890 was 30,311; AND IN 1880
was
UNION ELECTRIC
22.254.
CO.-Trolley.
Organization.— Incorporated
in
1900 as a consolidation of the
Ry. and the Star Electric Co.,
light and street railway proper-
Home Electric Co., the Dubuque Street
which constitute the entire electric
the city of Dubuque, Iowa. Capital, $1,000,000; divided into
+500,000 ($100) common and $500,000 ($100) 5 per cent cum. preferred stock; all outstanding. No bonds or mortgages. In April,
1901, Messrs Linehan <s Molo sold their half interest in the company
to the other stockholders, the General Electric among them.
Road-— Owns and operates between 25 and 30 miles of track in Dubuque, West Dubuque and to Stewart Park, and has contract with the
ties of
city for supplying electric lights.
OFFICERS.—President, F. D. Stout;
Vice-Pres., D. D. Myers; Secretary and Treasurer, J. R. Lindsav; Gen. Mgr., W. J. Brown.— V. 68, p.
84, 1180; V. 69, p. 591; V. 71, p. 343, 439; V. 72, p. 776.
DULUTH, MINN.
Popdlation
in
1900 was 52,969; in 1890 was 33,115; and in 1880
was
3,483.
DULUTH-SUPERIOR TRACTION.-A
road.
trolley
•
Organization— Incorporated in Connecticut in 1900. Comprises
the street railway systems of Duluth, Minn., and Superior, Wis., it
having, on Aug. 12, 1900, taken over the Duluth Street Ry., the Lakeside Street Ry. and the Superior Rapid Transit. The securities of the
constituent companies were retired under plan of reorganization in
V. 70, p. 249. The corporate existence of the Duluth Street Ry.,
which owns the other two lines, Is maintained, but all its stock is
held by the Duluth Superior Traction. The Duluth Street Ry. was
organized under act of Minnesota approved Nov. 17, 1881, and possesses
•'
an exclusive franchise " which runs until 1931. The franchise of
the Superior Street Ry. Co. is perpetual and exclusive. The DuluthSuperior Bridge at West Superior is used by the railway, but is a separate corporation, and has issued first mortgage bonds for $650,000
and second mortgage bonds for $300,000— see bridge items. V. 63, p.
310, 504. The tracks and franchises of the Woodland Company were
purchased by the Duluth Street Ry. on Oct. 1, 1901, and now form
part of its system.
Date. Interest. Outstand'g. MaturityBonds—
STOCK
Capital stock.com. ,$3. 500,000
$3,500,000
Pref. 4 p. c. cum $1,500,000
1,500,000
Duluth St.Ry.M, $2,500,000 J 1900 5 g M<feN 2,000,000 May 1, 1930
gold $1,000)
e* \ Int. at Central Trust Co., N. Y., Trustee
Bonds—Of the Duluth Street Ry. mtge. of 1900, $500,000 is reserved for extensions and betterments. The mortgage covers all the
mileage of the Duluth-Superior Traction, the property of the Lakeside Street Railway and of the Superior Rapid Transit having first
been conveyed to the Duluth Street Ry.
ROAD The system embraces 73 miles of track and includes all the
&
i
—
lines in
Duluth and Superior.
Latest Earnings- Jan.
1 to
July 31, 1901, gross, $254,321; net,
$112,601.
Report—The net earnings for the calendar year 1900 were $174,372;
interest on bonds, $100,000; balance, surplus, $74,372.
net, $127,330
f 1899-1900.. Gross, $266,956;
EARNINGS—Of old Du- 1898-9... .Gross, 215,856; net, 102,193
98,421
Street
Railway.
net,
luth
Gross, 201,840;
12{ 1897-8
91,876
months, July 1 to June 30. 1896-7
Gross, 202,031; net,
11895-6
Gross, 219,927; net, 120,865
OFFICERS— President, C. G. Goodrich; Sec. and Treas., L. Mendenhall; Gen. Manager, Herbert Warren.— V. 70, p. 1249; V. 71, p. 341;
V. 72, p. 183, 627.
EAST LIVERPOOL, OHIO.
Popdlation 1900 was 16,485; in 1890 was 10,956;
and in 1880 was 5,568.
EAST LIVERPOOL RAIL WAY.- A trolley road.
In Feb., 1901, the United Power Co. was incorporated with $900.000 capital stock, with the view of taking over the East Liverpool Ry
and the Ceramic ity Light Co.
—
-
;
STREET RAILWAYS.
38
Organization.— A reorganization In Mav. 1S07, of the East Liver
A Wcllsville Street KK., sold by sheriff.
Maturity.
Date Interest. Outstand'g.
STOCK &, BONDS-—
pool
$300000
BtOCk.f300.000
l*tM..k:..*l=>0.000($500ea.) \
1917
150.000
5g. J-D
Not subject to eall.
i Int. at Boston Sufe l>ep.,fcTr.Co.,TTustee.
ftg.
Sept.
1917
(iueoiue)M..
\
$150,000
2d
#150.000...
($500 each.)
J Int. at Boston Safe Dcp.4Tr.Co.,Trustee.
ROAD— Operates 9*4 miles of track. President, John B. Hoefgen;
Treasurer, L. W. Healy.— V. 64. p 287; V. 72. p, 2*1, 245.
ST. LOUIS, ILL.
Population 1900 W
vm>
28,656; in 1890
in 1880 was 6,185.
v-
was
RRLOUIS ELECTRIC STREET
Louis pur1897, the Terjnual RK. Association of
chased the entire capital stock for $210,000, but road
dependently.
&
STOCK
Latest Earnings— For nine months ending Sept. 30, 1901: Gross,
$310,000; net, $99,209; in 1900, gross, $287,556; net, $109,023.
Report— The earnings for the oalendar year ending Dec 31 were as
15,169,
ST.
1.
BONDS—
Stock p:udtn
Date.
St.
is operated in-
Outstanding.
Interest.
Maturity.
$336,000
Con.(nowlsti*.")00,000,g 1893 6 g. F-A
140,000
Auk. 1. 1908
Interest is payable at Mississippi Valley Trust Co., trustee, St. Louis.
Road Operates 13 miles of track.
Earnings— For calendar year 1900, gross. $157,184; net, $49,724;
Int., div., etc., $43,226; surplus, $6,498.
In 1899, gross, $155,745;
in
—
Park.
EAST
EAST
On March
Of the new 1st 5s, $339,000 are reserved to retire atiuaturity the first
mortgage bonds of the Elmira Water Works Co., due 1913, and the
remaining $110,000 are in the treasury for future improvements.
$335,000 outstanding bonds of the West Side RR. and the Elmira
Heights Water Co. arc guaranteed.
ROAD Comprises 27^ miles of track controlling all the prinoipal
streets of Elmiia and connecting the suburban towns of Elmira
Heights, Southport and Horseheads, also making connection with the
Seneca Lake Railway, which pays an annual trackage into Elmira.
Equipment consists of 34 closed cars, 28 open oars and 16 tr Here.
Track laid with 75 and 90-lb. girder rails. Also owns Rorick Glen
1894
—
net, $56,925; int., div., etc., $41,225; eur., $15,700.
follows:
Year.
Bat. for int.
Gross.
Net.
Taxes.
132,211
149,070
392,617
16,859
104,994
122,046
17,052
342,556
Officers— President, Ray Tompkins; Vice-President and General
Manager, W. W. Cote; Secretary and Treasurer, John M. Diven; Asst.
Sec. and Treas., F S. Buttorworth. 40 Wall St., N. Y.— V. 67. p. 1 109,
1207; V. 69, p. 1303; V. 70, p. 1052, 1095; V. 72, p 627, 821, 935, 988.
1900
1899
(1) WEST
Water, Light
STOCK
&
SIDE RAILROAD.— Stook
& RR.
BONDS—
1st mortgage,
OFFICERS— President, Julius S. Walsh: Vice-President, W.
Cliesnev Jr.; Secretary, J. S. Walsh Jr; Treasurer, F. C. Daab.
Mo-
S.
g.,
Date.
Interest. Outstand'g.
Maturity.
Oct. 1, 1914
5g.A-0
300,000
V. 69,
ERIE, PA.
Population 1900 was 52,733; in 1890 was 40,634;
and in 1880 was 27,737.
EASTON, PA.
EASTON CONSOLIDATED ELECTRIC.
company
-For
see Lehigh Valley Traction, under Allentown, Pa.
EAU CLAIRE,
WIS.
CHIPPEWA VALLEY ELECTRIC
&
BONDS
RY--
Outstanding.
Last Div.
Stock, $200,000; par $100
6 J-J
Jan.l5.*99, 3
$200,000
First M., $200,000 gold > 1898 6 g. A-O
200,000
Oct. 1, 1918
($ 1,000 each) not aub.call J Int. at Mass. L. & Tr. Co., Boston, Trustee.
Road— Owns trolley road Eau Claire to Chippewa Falls, Wis., 12
miles; Eau Claire, 8 miles; Chippewa Falls, 2 miles; total, 22 miles.
Owns 14 miles right of way; exclusive 30 years franchise at Chippewa Falls and 30-year franohise at Eau Claire. Road opened Sept. 2,
1898.
Earnings— For year ending Oct. 31. 1900, gross, $45,408; net, $14,70S; in 1S»9, gross, $36,450
net, $14,049.
President, A. E. Appleyard, Boston, Mass.; Supt., H. G. Lawrence,
STOCK
Date.
Interest.
;
Claire.
_
ELGIN, ILL.
Population 1900 was 22,433;
and in 1880 was
in 1890
8,787.
was
ERIE ELECTRIC MOTOR CO-
Organization. -Chartered October 8, 1888. Acquired the ownership and control of the Erie City Passenger Railway and the Erie Reed
Park & Lakeside Street Railway through the purchase of the entire
capital stock of both companies.
Date. Interest. Outst'ding. Maturity.
Bonds—
STOCK
Stock ($1,250,000) ($100)
$1,250,000
1st M., ($200,000) ($1,000), > 1889 6g. J - J
200,000 Jan. 1, 1919
gold
o. Jlnt. at Cent. Trust Co., trust, N.Y. City.
2d M., ($150,000) ($1,000),) 1889 6g. J J
$150,000 Jan. 1, 1919
gold
c. 5 Int. at Cent. Trust Co., trust.. N. Y.City.
ref.
sink,
fund
1st
($1,250,-) 1901 5g. A
O 750,000 April 1,1941
Security & Trust Co., trus000) gold ($1,000). Canuot > Int. at N.
be called
c*3 tee, N.Y. City.
Bonds— Of the $350,000 prior lien bonds $100,000 have been
exchanged aud deposited with the trustee as additional collateral
under the refunding mortgage, thus leaving $250,000 prior lien bonds
in the hands of the public. To retire these a like amount of refunding mortgage bonds is reserved.
For extensions and betterments
$250,000 of the new bonds are reserved, and can be issued only under
guarded restrictions. The company has deposited with the trustee
the entire capital stock of the Erie City Passenger Ry. and the Erie
Reed Park <fe Lakeside St. Ry. Co. A sinking fund of 1 per cent annually begins April 1, 1906, and will be increased to Us per cent In 1916.
Road— Operates all the street railways in Erie, and has 29-79 miles
of track, mostly 90-lb. girder rails. Has 34 closed and 42 open motor
cars and 10 trail cars. Franchises are perpetual, except for 6 miles,
&
Population 1900 was 17,517; in 1890 was 17,415,
AM) in 1880 was 10,119.
Eau
the Elmira
1894
$300,000..
p. 179.
this
owned by
all
Co.
17,823,
ELOIN AURORA & SOUTHERN TRAC-
TION.—
Population served, 75,000.
Organization.— Incorporated in Illinois. Consolidation in May,
1901. of several lines running north and south through the Fox River
Valley, namely the Elgin City Carpentersville & Aurora Railway, the
Aurora & Geneva Ry., the Aurora Street Ry., the Elgin City Ry.. the
Aurora Yorkville & Morris Ry. auri the Geneva Batavia & Southern
Railway. The project was financed by a syndicate headed by M. J.
Maudelbaum & Co., who are also promoting the Aurora Elgin <ft
Chicago, by means of which latter an outlet to 'hicago will be obtained.
Y
which
Is for
999 years.
Latest Earnings— For
BONDS—
Date.
Interest.
Outstand'g.
Div.,
Population
.
*i™^
'
,
ELKTON, MD.
HILL ELKTON& CHESAPEAKE
CHERRY
CITY ELECTRIO-Se V.71 1119.
e
,
ELMIRA,
p.
N.
Y.
ELMIRA WATER, LIGHT & RAILROAD
COMPANY.
M
Vm^ r„W
was
6,808
ESCANABA ELECTRIC RY-- of
the Esc. Eleo. St.
Organization, Etc.—A reorganization in 1898
Ry. Owns 7*8 miles of track. In 1«99 extended to a connection with
the 'Soo" road. Stock, $50,000; all paid in. No bonds. Pres. and Man.,
A. R. Moore Vice-Pres*. O. B. Fuller Sec. and Treas., I. C. J enninga.
:
;
EVANSVILLE,
IND.
Population 1900 was 89.007; in 1890 was 50,756;
and in 1880 was 29,280.
EVANSVILLE ELECTRIC
RY--A trolley road.
Organization— A reorganization in 1901 of the Evansville Street
RR., which was sold under foreclosure on April 16, 1901. On March
22, 1901, was granted a 50-year franchise by the city of Evansville,
also permission to change certain trackage formerly owned and operated by the Evansville Street RR., and to build considerable new
mileage; these changes are
STOCK
&
BONDS—
now under construction.
Date. Interest.
.otock ($600,000) ($100)
1st mortgage, $1,200,000,
c*
gold (*1,000)
Maturity.
Outstand'g.
$600,000
M-N 1,200,000 May 1. 1921
Merchants' Tr. Co N. Y., trustee.
Bonds— Ot the new mortgage bonds. $1,000,000 were paid over to
the old Evansville St. RR. mortgage holder? bond for bond, and the
remaining $200,000 are to be used in extensions and improvements.
OFFICERS— Prest., Jan. V. Parker; Vice-Prest. and Gen. Mgr., H. D.
Moran; Treas., C. J. Morris; Sec, Alex Gllohrlst, all of Evansville, Ind.
Road— Owns 27*g miles of trolley track. Rails 56, 60 *nd 75 lbs.
1901
)
>
4g.
Int. at
,
Westinghouse system.— V. 72,
p.
776, 872.
2>, 1900, to
takeover, perplan In V. <;?, ]>. 1 109, all the companies constituting The
Elrnlra Municipal Improvement. Co. The new company owns all the
franchises and property of the Elrnlra <fe Horseheads Ry. and the Maple
Ave. Ry. and $17,625 of the $25,000 capital stock of the West Water
St. RR. and all tin- capital stock of the West Hide Railway Co. The
company alsoowns the former property of the Elrnlra Gas & Illuminating Co., the Elmira Illuminating Co. and the Elmira Water Works Co.,
and also all the capital stock of the Elrnlra Heights Water Co.
Through these various companies it has control of all the water,
lighting, power and street railway business in Elmira.
Interest.
Amount.
Date.
Maturity.
STOCK
BONDS
Stock
$1,000,000
Elmira Wat. Works 1st
339,000
6
1913
1949
New 1st M.. $2,000.000 5 19 °° U.
it n. Mort. <fe
a Trust,
T
fe.l'
>. Y., trustee.
tm\A «n
noo
akrm \
goia
*i,uou
sjsouu
,
Subject to call at 105 and interest.
(T1P00
4
1,200.000 Jan. 1,1949
'
2d M. Income
Guaranty Trust Co. of New York, trustee.
I
Subject to call at 100.
&
in 1900 was 9,549; in 1890
and in 1880 was 3,860.
,
Population 1900 was 35.672; in 1890 was 29,708;
ASH in 1880 was 20,541.
Organization— This company was Incorporated on May
gross
ESCANABA, MICH.
ete.
Stock, $2,000,000 ($100)
$2,000,000
1901 5 8- J " D
1,700,000 June 1 1916
(
1st mortrajje
$2
000
000
g
,";} Int. at Am. Trust and Sav. Bank. Chicago,
^niri s.
«ft
9i,uuu, goia,
r
c
£
trustee, and First Nat. Bk N. Y. City
189 ° 5 F " A
200,000 Aug. 1, 1807
\
Bltfln uixy
aigin
Cltv Rv
Ky. 1st
isx; morx...
mort
j lntere8t at Farmers' L.& t. Co., N.Y. City.
C. E. A A. 1st M., $150,00)
1896 5
100,000 Jan. 1, 1907
Bonds— Ot the $ ',000,000 authorized consols, $300,000 are reserved
to retire the above divisional liens, a sinking jund of $17,000 per
annum for the first five years and $25,000 annually thereafter is
provided.
Road— Operates 69 miles of track, connecting the cities and towns
of Carpentersville, Dundee, Elgin, South Elgin, St. Charles Geneva,
Batavia, Aurora, Montgomery, Oswego, Yorkville and Bristol.
Earnings— For 12 months ending Aug. 31, 1901, were gross, $349,071; net, 9143,331; interest, $i 00,000; surplus, $43, d31.
Officers— President, L. J. Wo!f; Sec'y and Treasurer, M. H. Wilson.
—V. 72, p. 626, 675, 721; V. 73 p 783, 1010.
1901,
Sept. 30,
Annual Report—For year ending Dec. 31, 1900, gross earnings*
$180,3o7; other income, $3,209; total, $183,516; operating expenses
and taxes, $110,856; let income, $72,660.
OFFICERS— President, J. S. Casement, Painesvllle, O; Secretary and
Treas., J. L. Sternberg, Erie. Office, 202 State St., Erie— V. 72, p. 775.
<
&
STOCK
months ending
9
$155,321; net, $80,684.
EXETER,
N. H.
Population 1900 was 4,922; in 1890 was 4,284;
am> in 1880 was 3,569.
EXETER
HAMPTON & AMESBURY ST.
R
Y. — Trolley. This a consolidation of the Exeter Street RR. and
Leases the Amesbury & Hampton
the Rockingham Electric.
is
St.
and interest and Kinking
fund on bonds. The 8eabrook A Hampton Beach St. Ry. is alco leased,
and July 1. 1901, leased for 99 years the Dover Somersworth & Rochester Street Ry. In Dec, 1900, Mr. W. D. Lovell, Vice-President, purchased the Portsmouth (V. H.) Gas, Electric, light & Power Co., it Is
stated, for the Rockingham Electric Light & Power Co.
Ry.; rental 4 per cent on stock ($50,000)
&
Outst'ding.
Maturity.
Interest.
Date.
BONDS—
Stock
A-O.
$275,000 Oct., '01. 3%
Stook ($275,000) ($100)
5 a. J.-D.
225,000 June 1, 1919
lstM.,$225,oO0($l,000)g. ( 1899
c*;s.f. $3,000 p. a. begins? Interest at American Loan & Trust Co.,
1901; bds.nottobecall'dc Boston, Trustee.
'
—
)
STREET RAILWAYS.
DIVIDENDS— In 1899. Nov. 1, 114 neroent; in 1900, April 15. 2i«per
cent; Oct. 31, 3 per cent; in 1901, May 1, 2 per cent; Oct. 17, 3 p. 0.
BONDS— The Amesbury & Hampton has outstanding $50,000 first
mortgage sinking fund gold 5s, due Oct. 1,1919. A sinking fund of
paid annually, beginning 1904.
27 miles of track, extending from Exeter to Hampton
Beach and to Amesbury. Leases and operates 33 13 miles of track;
total, GO 1* miles Also controls eleotric-lightine business in Exeter.
Report— For fiscal year ending June 30, 1901 (not including Dover
Somersworth & Rochester): Gross, $105,298; net, $37,115; interest,
$13,125; dividends (5%), $12,250; surplus, $11,740.
Latest Earnings— For 3 months ending Sept. 30: Gross, $72,716;
net, $30,939.
$1,000
is
Road— Owns
Officers— President,
Warren Brown, Hampton
Falls; Vice-Presi-
dent and General Manager, Wallace D. Lovell, Boston; Secretary, John
Templeton, Exeter; Treasurer. Edwin L. Pride, Boston.— V. 68, p. 379,
1075; V. 71, p. 1219; V. 73,
(1)
p.
843.
DOVER SOMERSWORTH & ROCHESTER
ST.
RY.— A.
trolley
road.
ORGANIZATION.— Incorporated in New Hampshire in March, 1900,
under a perpetual charter, with authority to consolidate and operate
the Union Electric Ry. of Dover (N. H.) and the Rochester Street RR.
The Union Electrio Ry. had $100,000 of bonds outstanding, which
have since been canceled. On July 1, 1901, the formal consolidation
of the two roads took plaoe and the same day the road was leased for
99 vears to the Exettr Hampton <v Amesbury.
&
Dale.
Stock
Bonds—
Stock, $300,000 ($100)
1st
mort., $300,000)1901
Outstand'g.
Interest.
Maturity.
$300,000
5 g. J-J
300,000 July 1, 1921
(1.000), gold 8. f...o* 5 Int. at Amer. Loan& Tr. Co., Boston, trustee.
Bonds.—Are guaranteed, principal and interest, by the Exeter
Hampton & Amesbury St. Ry. Co.
Sinking Fund of $5,000 annually beoomes
Stock
net, $17,272.
& Bonds—
Date
Outstnnd'a.
Interest.
Maturity.
$138,300
>
1899
210,000 July 1, 1924
5g. J.-J.
Wisconsin
Int.
Tr.
Co.,
Milwaukee, Trustee.
gold
o*
at
5
$500,
Bonds— Sinking Fitnd. $5,000 Is payable yearly beginning Aug. 1,
Stock. $150,000
1st mtge. $250,000,
1910.
ROAD— Length of road 6*4 miles.
OFFICERS— President and Gen. Man.,
Wm.
Treasurer,
E. Cole.
T. F. Grover; Secretary
and
^^^^^^
FORT SCOTT, KAN.
Population in 1900 10,322:
and
in 1890, 11,946,
in 1880, 5,372.
FORT SCOTT CONSOLIDATED SUPPLY CO.
Organization—This company is a consolidation of the Citizens'
Street Ry., the Fort Scott Steam Heating Co. and the Fort Scott Eleo
trio Light & Power Co. Began operations Jan. 2,„1901. Has also acquired the Fort Scott Light & Fuel Co.
Date.
Interest.
Otvsl'd'g.
Maturity.
Bonds
STOCK
$250,000
Stock, $250,000
.Tan. 1, 1931
5g. J.-J.
200,000
Con. 1st M., $200,000) 1901
Co., N. Y., Trustee.
$500, gold, c*
s Interest at Morton Trust
Bonds.— The whole issue of bonds can be called at par on Jan. 1,
1907. Sinking fund becomes operative Jan. 1. 1907. The mortgage
oovers railway, electric light, steam heat and gas properties.
Road- Owns and operates 9 miles of track.
Officers— President, Grant Hornaday: Vice-Pres., C. F. Martin;
Secretary, F. A. Hornaday; Treasurer, F. D. Martin.— V. 72, p. 87,872.
—
&
FORT SMITH, ARK.
Population 1900 was 11,587; in 1890 was 11,311;
operative in 1904. Bonds
cannot be called.
Earnings-— For the 3 month9 ending Sept. 30,1901, gross, $36,708;
39
and
FT-
in 1880
was
3,099.
SMITH TRACTION, LIGHT & POWER-
ORGANIZATION— Incorporated in November, 1898, to take over the
Fort Smith Street Ry. (8 44 miles of track on 7*2 miles of street) and
transform it into an electrio system to be operated in conjunction
with an electric light plant. Up to July, 1901, 6 miles had bee»
-
Road— Operates about 23 miles of track, laid with 60-lb. T and 70lh. girder rails, conuecting Dover, Somersworth, Rochester and the
town of Berwick, Me. Owns "Central Park" of 25 acres, containing
theatre, casino, &c. Operates 31 cars.
Officers.— President, Wallace D. Lovell, Boston; Treasurer, Edwin
L. Pride.
FAIRHAVEN, WASH.
Population
1900 was 4,228 and
1899 was
NORTHERN RY. & IMPROVEMENT COIn
the Northern Ry. & Improvement
in
in
4,076.
April, 1898,
ORGANIZATION—
became the owner of the Fairhaven & New Whatcom Railway,
whioh was sold at auction in April, 1897. Stock, $200,000. Bonds, au-
converted.
&
Date.
Rate. Outstanding. Maturity.
BONDS—
Stock
8tock, $200,000 ($100)
$195,500
6g.J-J
155,500 Nov.28,1929
Bonds ($200,000) ($1,000), J 1898
Miss.
Val.
Tr.
Co St. L., trustee.
gold
c* lint, at
Bonds.— Whole issue can be called for payment in 1919, at par, upon
30 days' notice.
Earnings—Year ending July 1, 1900, gross, $29,724; net, $16,374.
Officers— President, Samuel McLoud; Vice-President, Chas. H.
Smith; Treasurer, J. E. Foster; Secretary, A. N. Sicard.
,
<3o.
thorized, $200,000; issued, $80,000. Old Colony Trust Co., Boston,
Trustee. Operates 18*2 miles of trolley track, including 3 miles leased
from the Bellingham Bay Electric Railway Co.
President, S. Z.
Mitchell; Sec. and Trcas., C. N. Huggins.— V. 66, p. 810.
FINDLAY, OHIO.
FINDLAY STREET RY.-See Toledo Bowling
Green
&
FISHKILL-ON-THE-HUDSON,
Population 1900 was 3,673; in 1890 was
and m 1880 was 2,503.
N. Y.
3,617,
CITIZENS STREET RAILWAY.-A trolley road.
Organization— Incorporated July
(Due 1912, optional after 1897.)
Leased Line —
Fishkill Elec. 1st M., 6s, ) *, n rtn ~
*4 °. uuu
of
due
21,
1890.
Opened
to
traffic
Earnings—Year ending June 30.
Gross
Net
Charges
Dividends
Balance
1900.
1899.
$36,097
12,703
8,320
$34,425
13,214
9,966
1915, J&J \
3,125
none
($50,0001 to re1,258 sui.3,248
ceive same dividends as Citizens.
Road— Owns 3 miles of single and -25 miles of second track. Leases
Fishkill Electric Ry., 4 miles; total, 7H miles.
0"iCE"s— Pres-. J. T. Smith, Fishkill-on-Hudson; Sec., S. K. Phillips,
Matteawan; Treas., W. H. Southard, Matteawan.
1895,
Fishkill stock
FITCHBURG, MASS.
Population 1900 was 31,531 in 1890 was 22,037;
and in 1880 was 12,429.
;
FITCHBURG & LEOMINSTER STREET RY.
Organization— Road extends to Leominster and Lunenburg.
Date.
Rate. Outstand'g.
Stock, Bonds Etc.—
Maturity.
Btfc. <au., $500,000; par. $100)
8 p. c. $350,000
See text.
1st mort. ($500) c, $150,000.
1897
A-O
5
150,000
Apr.
1, 1917
Int. at 1st Nat. Bank, Bost. \
Consolidated M., $350,000 / 1901 4.% F-A 150,000 Feb. 1, 1921
($1,000)
$Int. at Bost. Safe Dep. & Tr.Co.,Trustee.
.Bond*--Of the new consol. mtge., $150,000 are reserved to retire
the 1 st mtge. at maturity and $50,000 are retained for future improvements, etc.
. Dividends— In year 1894-95, 8 p. c; in 1895-96, 8 p. c; in 1896-97.
8 p. c; in 1897-98, 8 p. c; in 1898-99, 8 p. c; 1899-1900, 8 p. c; 19001901, 8 p.
o.
Road— Owns
28-69 miles of track, including 1?7 miles of »l dings.
Earnings— For years ending Sept. 30
1901.
1900.
1901.
1900
gross
$179,59 5 $167,452 Dividends paid.. $28,000 $20,000
Net
55 172
54,240 BaL.sur. for year 2,491
8,224
Int., taxes, etc..
24,681
26,016
Officers— President, H. A. Willis; Vice-President, H. I. Wallace;
Clerk and Counsel, C. F.Baker; Treasurer, R. N. Wallis; Supt. and
Purch. Agt., W. W. Sargent, all of Fitchburg.— V.70, p. 1249; V. 72, p. 87.
FOND DU
LAC, WIS.
Population 1900 was 15,110; in 1890 was 12.024,
and in 1880 was 13.094.
FOND DU LAC STREET RY. & LIGHT.-Trolley.
Organization— Controls lines in city and county of Fond du Lao;
also operates an electric-lighting and gas plant. Has acquired the
property and franchises of the Gas Light Company of Fond du Lac.
IND.
in October, 1899, as successor by parConsolidated, which included the old Fort
Wayne Electric Ry., the Citizens' Street Ry., the Fort Wayne Street
Ry. and the C. L. Centlivre Street Ry. Franchise said to be perpetual.
chase of the Ft.
Southern Traction.
August 27, 1892.
Btock, $75,000, par $100.. $75,000
1st mortgage 6s, A&O
75,000
FORT WAYNE,
FT. WAYNE TRACTIONOrqanization— Organized
Population 1900 was 45,115; in 1890 was 35.393;
and in 1880 was 26,880.
Wayne
Embraces all lines in Fort Wayne.
Date.
Stock & Bonds—
Outstand'g.
Maturity,
$1,000,000
1,000,000
1929.
1899 4g.AO 1,250,000
Int. at Guard. Trust Co., Cleveland, True
Int.
Stock ($1,000,000) com. ($100)
" $1,000,000 pref. ($100)
Mortgage ($1,500,01 0)....
Gold ($1,000) c*
J
X
ROAD— Operates 31
miles of trolley track.
President, H. P. Eells; Vice-President, E. H. Bourne; Sec. and Treas.,
H. P. Mcintosh; all of Cleveland, Ohio; Mangr A. L. Scott, Ft. Wayne.
—V. 61. p. 966, 1107; V. 63, p. 458; V. 67, p. 125; V. 69, p. 180, t>95,
,
955,1061.
FORT WORTH, TEX.
Population 1900 26,688; in 1890 was 23,076;
and in 1880 was 6,663.
NORTHERN TEXAS TRACTION CO -A
trol-
ley road.
Organization— This is the old Fort Woith Street Ry. Co., chartered
bv the Texas Legislature in 1876, for 99 years, and which in 1901 applied for and was granted an amendment changing its name to the
Northern Texas Traction Co. The Traction Co. then purchased the
City Ry., and in 1901 obtained legislative permission to extend its
road from Fort Worth to Dallas, a distance of 30 miles, the project
being that of the Dallas Ft. Worth & Southern Electric Syndicate,
headed by George T. Bishop, of Cleveland.
Outstanding. Matuiity.
Date.
Interest.
STOCK AND BONDS
$1,500,000
Stock, $2,000,000 ($100)
(not issued)
5g. J -J.
1st mortgage, $2,000,000? 1901
Trustee not selected.
($1,000) g., c*
5
1926
6g. J. J
$150,000
Ft. Worth St. Ry. 1st M.. ) 1896
Int at Mercantile Tr. Co., N. Y.. Trustee.
$250,000, gold
S
Stock and Bonds- It was expected that the new bonds would be issued during 1901; $500,000 will be held in the treasury tor future extensions. All underlying bonds will be canceled, including the Fort
Worth St. Ry. mortgage>bove.
Road— Owns 22 miles in Fort Worth, and is building a line of 30
miles from Fort Worth to Dallas. Standard gauge.laid with 75-lb. rail
Officers— President, George T. Bishop; 1st Vice- Prest., John Sher"
win; 2d Vice-Prest. & Gen. Mgr.,F. M. Haines, Fort Worth; Sec. and
Treas., George F. McKay, Cleveland.— V. 73, p. 32.
GLENWOOD
& POLYTECHNIC COLLEGE
STREET
RAILWAYGlenwood
A
Reorqanization, ETC.— A reorganization in 1896 of
Polytechnic Street Ry. Electricity introduced and 6 new motor cars
purchased. The company has a 5-year lease of the Fort Worth St
Arlington Heights Street Ry., and is now reported to have purchased
the latter. Stock to be increased to $200,000; bonds, $50,000.
ROAD— Owns road 6 miles long; leased line, 6 ^ miles; total, 12^ miles.
OFFICERS— President. Fred. Howard Porter; Secretary and Treasurer. W. S. Essex; Gen'l Manager, W. B. Greenlaw, of Dallas.
(1)
FORTWORTH& ARLINGTON HEIGHTS STREET RY.—
Organization, Etc.— The Fort Worth & Arlington Heights Street
Worth Land & Investment (about 4.000 acres), Arlington
Heights Electric Light Co. and Arlington Heights Water Co. were purchased by bondholders in June, 1895. Is leased to Glenwood & Polytechnic College St. Ry.; according to recent reports, the latter has
now purchased it.
Operates 6*2 miles of track on 2^ miles in streets; balance, suburban
Ry., Ft.
STREET KAILWAYS
40
FRAMINGHAM, MASS.
Population 1900 was 11,308;
and in 1880 was
in
and
0,235.
FRAMINGHAM
UNION STREET
Incorporated
1887. Control
Organization—
GALION, OHIO.
Population 1900 was 7.282;
1890 was 9,239;
OHIO CENTRAL TRACTION
RY.
of this road, together
In
with the Marlborough Street By. and the Pramlngham southbora A*
Marlboro Street Ky, has been purchased by a syudtcnte headed by
Jas. F. Shaw it Co!, Boston; for particulars see Marlborough Street Ry.
STOCK
&
BONDS—
Dale.
Interest.
Outstanlling.
Maturity.
$30 000
Stock (par $100.) $60.000
\
let mortgage, currency
July l, 1909
1889
5 J-J
50,000
Interest at International Trust Co., Boston.
L*n8,ete.pay.(uet)Sep.30,190l>
54,000
Road— Operates main track 636 miles sidings 048 of a mile.
Earnings-— For years ending Sept. 30 earnings have been as follows:
Tr. to Sept. 30— 1900.
1899.
1900.
1899.
Gross earnings 885,794 $32,148 Int. taxes, etc
$7,197 $7,478
.
Not subject
to call.
in 1890
5,635.
}
;
i
was
6,326;
was
in 1880
CO.- A trolley road
Roa4
1898 under laws of Ohio.
Bucyrus opened August 16, 1899.
Organization— Incorporated
from Galion to
Stock and Bonds—
Stock, $225,0(.0 ($100)
1st mort.. $200,000, gold
($l,000i o*.nos. f
)
in
Date.
Fnt
1899
5
Int. at
5
g.
Maturity.
OuUland'g.
$225,000
rest.
175,000 June
J-D
1,
1910
New Haven Trust Co., Trustee.
Road Etc.— Owns and operates 12 4-10 miles of road from Galion
to Buoyrus, laid with 60-lb. T rails. The company also own and operate Seceaium Park, containing a theatre, pavilion, bowling alleys,
uiuseum, &o. Motors, trailers and cars, 11.
Officers— President and Treasurer, Samuel C. Morehouse, New
Haven; Vice-Prest,, Fred. C. Boyd: Secretary, R. W. Johnston, Gallon;
General Manager, W. E. Haycox, Galion.
Net
14,784
13,839 Bal., suiplus
7,587
6,361
Officers— President, James F. Shaw, Boston; Secretary and Treasurer. Geo. A. Butman, 8 Congress St., Boston; Supt, J. W. Sullivan,
South Framingham.— V. 68, p. 1181; V. 69, p. 955.
'
trolley road.
GALVESTON CITY RAIL WAY-A
in Texas In
FRANKFORT, KY.
Population 1900 was 9,487:
and
in
in
1890 was 7,892;
1880 was 6,958.
FRANKFORT
& SUBURBAN RY.-A
—
GALVESTON, TEX.
Population 1900 was 37,789; in 1890 was 29,084;
and IN 1880 was 22.248.
trolley road.
Incorporated June 16,1897. Successor to Capital
Ry. sold in foreclosure for $10,000. Owns 7 >4 miles of track, which
has been equipped with modern improvements since purohase by new
eompany. Stock, $10,000; bonds authorized, $40,000; issued $30,000,
Officers— President, Charles R. Crain, Springfield, O.; Secy., Treas.
and Gen. Man., John T. Buokiey, Frankfort, Ky.— V. 64, p. 422, 1180.
Organization
1900,
Organization—This company was incorporated
and Deo. 18, 1900, took over the property of the old Galveston City
Railroad, sold at foreclosure, aud of the Gulf City Street Ry. A Real
Estate Co. The Guaranty Trust Company of New York is Interested.
Road is to be re-built and improved, and in Sept., 1901, work was begun on a new power house, to cost $1 65,000.
& Bonds—
common
STOCK
Stock,
do
Date.
preferred
1st mortgage, $600,000
gold, $1,000
?
$
Interest.
Outstanding.
Maturity.
$400,000
400,000
1900" 5 g. J-J
Jan. 1, 1941
600,000
Int. at Guaranty Trust Co.,N. Y., trustee.
Mortgage was issued Dec. 18, 1900.
Road— Embraces 36 miles of track.
Earnings— Of the old road were
*
FRANKLIN, PA.
Population
in
1900 was 7,317; in 1890 was 6,221;
in 1880 was 5,010.
:
and
FRANKLIN ELECTRIC STREET RY,In January, 1900, reported to have been purchased by the Citizens'
Traction Co. of Oil City, which in Jan., 1901, was also reported to
have acquired the Oil City Street Ry., V. 72. p. 186. The Citizens'
Traction contemplates building a line of 9 miles connecting Franklin
and
1898.
1899.
Trs.end.Dec.3l. 1899.
1898.
$6,1 1£
Gross earnings. $235,374 $220,820 Damages, etc
$10,677
46,55*
Net over taxes. 43,120
52,663 Approx. surp... 32,443
OFFICERS— President and Gen'l Manager, Major R. B. Baer—V. 65,
p. 728. 824 V. 68. p. 618; V. 69, p. 541, 1345; V. 70, p. 280; V. 71, p.
287, 963, 1269, 1311; V. 72, p. 87.
;
Oil City.
Stook (par $50), $G0,000; 1st mortgage ($50,000) 6s. 1894. due 1924.
82.000. Operates 3*6 miles of track through the principal streets of
Franklin, Pa. Rail, 60 lb. For vear ending June 3«», 1 900, gross, *1 6,915; n*t. $2,821. In 1899, gross, $14,436; net, $2,473. In 1897 98,
gross, $13,651; net, $1,591.
in
FREDERICK & MIDDLETOWN ELECTRIC
RAILWAY—A trolley road.
Organization— Commenced operation in fall of 1896. Capital stook
authorized. $100,000; Issued, $40,000. First mortgage of 1897 is for
870,000 (all issued), 5 per cent, gold, $1,000, bonds, c\ interest J.&J.;
principal maturing Jan. 1, 1917, but subject to call at par on and after
Jan. 1, 1907; trustee. Maryland Trust Co., Baltimore. Floating debt
June 30, 1899, $10,500. Year ending June 30, 1899. gross was $20,458; operating expenses about 60 percent.
The company in Aug.,
1901, leased the Myersville & Catoctin Electrio Ry. for 10 years from
Feb. 1, 1904, on which date the old lease will expire. For terms of
lease see V. 73, p. 287.
Road— Frederick to Middletown, 9 miles; which, with the lease of
the Catoctin & Myersville Electric, Myersville to Middletown, b^a
miles, constructed In 1898, makes a total of 14>« miles operated.
President and Gen. Man.. Geo. W. Smith.— V. 73, p. 287.
Population
in
DUNKIRK
A trolley road.
&
FREDONIA RAILROAD-
Organization—Chartered April 21, 1864. Company is also engaged
and steam heating, the expenses of these department* being included in the railroad operating expenses and the receipt* are shown in other income. In June, 1897. purchased Fredonia
gas plant (capital stock $40,000) and has since operated it.
Stock auth.,$ 1 50,000; par
Earnings— Yearending June 30:
In electric lighting
I
$100; stock sold
$121,300
1900.
1899.
')», J. iV
1st
St mort. 5s,
&. J
J
Gross
$20,807
$20,418
(
An nr\n
<
Jnnnn
40
000
Due July 1,1911
Net
\
5,691
7,628
2d mort. 5s, J.-J
8,161
9,376
oi ooo Other income..
\
Due July 1.1911
\
Int. and taxes.
4,580
5,686
* 4,648
Blllspay'bleDec.31,1900 49,000 Dividends
6.972
SOAD—Owns 3*2 miles of single A fire Jan. 25, 1900, destroyed
one- fifth miles of second track.
power-house and rolling stock,
and crippled road for 6 months.
' This includes a stock dividend of one
per cent.
Officers-— President, Frank May, Dunkirk. N. Y.; Secretary-Treasurer and vianager, Milton M. Fenner. Fredonia.
.)
.
'
^W
GALESBURG,
ILL.
&
trolley road.
Organization— Charter extended Dec. 29, 1899, for 20 years. Is a
consolidation of the College City Street Ry. and the Galesburg Street
Car companies.
Date. Interest. Outstand'g.
Maturity.
STOCK & BONDS—
Stock ($210,000), par $100
$210,000
1st M. ($125,000)
1892
M-S
118,000
1902
Snblect to call at 105 after Sept. 1 1 S!)7. Trustee, Nor. Trust Co., Chic.
The company pays for improvements out of earnings and in 1899
retired $10,000 of the 1st mortgage bonds.
ROAD— Owns 16 mile- of traek laid with 60-lb T rails, in Galesburc;
m.. extending also to Kast Galfsiiiirg and Knoxvllle: also three extensions aggregating 4 miles built and pot in operation In 1900. Total
20 mile-. Operates
cars.
OFFICERS— President and General Manager, Fred. Seacord; Vice
President, R. Chappel
iry and Treasurer, Loren Stevens.
,
'.',()
Stock, $185,000 ($100)
1st mortgage ($1,000)
$185,000
Feb. 1, 1920
150,000
5 g. F. A.
c* \ Int. at Mercantile Trust Co., Boston, trustee.
$150,000, g
Road— Owns 12 miles of main track from Gardner, through South
Gardner and Westminster to Fitchburg, where connection Is made
with the Fitchburg & Leominster Street By.; ale>o constructed a branoh
line to Wachusett Lake, which was opened for traffic on May 20,
1900, but is operated as a summer branch only. Total, 16 miles.
EARNINGS-For year ending Sept. 30. 1900, gross, $46,723; net,
$11,460; charges, $8,207; surplus, $3,253.
Officers— President, Frederick S. Coolidge, Fitchburg; Vice-Pres.,
E. F. Blodgett, Leominster; Sec'y, Treas. and Gen. Counsel, James A.
Stiles, Gardner; Supt., F. Lenoir, Gardner.— V. 69, p. 1247.
\
1900
GENEVA,
N. Y.
Population 1900 was 10.433; in 1890 was 7,557;
AND IN 1880 was 5,878.
consoli24,
Organization— Chartered
dated with Geneva A Waterloo and other companies. The uew com
pany owns the Cayuga Lake Park property of 50 aores. V. 60, p. 562
Miles. Date. Interest. Outslan'o. Maturity*
Stock
Bonds—
$350,000
Com. stocK, par. $100
99,500
Pref. stock, $100,000
lstM.,($500&$l,000)g.o*
1895 6 g. A-O 436,500 Apl. 1, 1920
Loans and hills payable June 30, 1900. $11,900.
Interest at West End Tr. & S. D. Co., Phila., trustee.
Stock.— In November. 1896, the stockholders surrendered $100,000
of common stock, which was duly made Into preferred stook, of which
100 shares was paid to the stockholders who had surrendered the
1,000 shares of common stock.
Bonds— In November, 1900, $63,500 of bonds were unissued.
Road— The road extends from Geneva to Cayuga Lake Park through
Waterloo and Seneoa. Falls, 17 miles: sidings, \ miles. Ralls 70-lb,
girder and 60-lb. T- Track standard gauge.
Earnings— For fiscal years ending June 30:
Other
Park
Bal.,
Gros*.
Xet.
Income.
Int.
Tases
Era's.
def.
Tear.
1900
$60,370 $28,787 $1,747 $26,341 $2,538 $3,044 $1,380
1899
59,856
27,103
1,983
26,266
2,381
4,207
3,768
President, Isaac M. Thomas, Wilkesbarre, Pa.; Seoretary and Trea*.
urer, W. C. Gray, Seneca Falls; Supt., Howard Gray, Waterloo.— V.
—
&
.
60, p. 562.
Population 1900 was 18,607; in 1890 was 15,264;
and in 1880 was 11,437.
GALESBURG ELECTRIC MOTOR
POWER— A
& FITCH-
GENEVA WATERLOO SENECA FALLS &
CAYUGA LAKE TRACTION-Trolley.
Nov.
1894. February, 1895.
N. Y.
1900 was 4.127; in 1890 was 3,399;
ra 1880 was 2,692.
and
1880 was 4,988.
&
1900 was 9.296; in 1890 was 8,193;
in 1880 was 8.659.
and
FREDONIA,
in
GARDNER
RY.BURG
STREET WESTMINSTER
In ueoember, 1899. absorbed the
Gardner Electric Street Ry.; population served 40,000. Stock to be
increased from $185,000 to $220,000, to fund floating debt.
Maturity.
Date. Interest. Outstanding.
STOCK
BONDS—
FREDERICK, MARYLAND.
Population
GARDNER, MASS.
Population 1900 was 10,813; in 1890 was 8,424 and
_
GEORGETOWN, MASS.
Population 1900 was 1,900; In 1890 was
and in 1880 wat 2,231.
2,117;
GEORGETOWN ROWLEY & IPSWICH
RY-A trolley road.
ST.
Organization— Incorporated in Jan.. 18P9, and is controlled by the
same interests which own the Haverhill Georgetown
Danvers St.
<fe
Ry. Estimated
population of district served 25,000.
STOCK AND BONDS—
Stoek, $180,000, $100
1st mtge,, ($1,000.)
$180,000, gold ..
Date.
>
1900
Interest.
5
g.
J-D
Maturity.
Oulstand'g.
$1*0.000
180 000
6%
in '99-1900
June
1,
1920
Mercantile Tr. Co., Boston, Trustee.
Road-— Owns and operates 18 miles of track from Georgetown
through Rowlev to Ipswich, where conneciion Is made with Lynn A
Boston RR. Ralls 60-lb. T. Owns 20 cars and 34 electrio motors.
Possesses power house from which Georgetown Haverhill A Danvers
St Ry. is also operated. In Feb., 1901, a disastious fire destroyed all
the cars.
s
Int. at
)
$
)
;
STREET RAILWAYS.
41
BONDS.— Of the$4,000,000 intge., $1,000,000 will be held in reserve
for future extensions, double-tracking, equipment, etc, and out of the
remaining $3,OQu,000 enough will be reserved to provide for existing
Earnings —For year ending Sept. 30, 1900: Gross, $23,632; net,
$12,936; charges, 4,483; surplus, $8,453.
OFFICERS.— President, Chas. E. Barnes, Maiden, Mass.; Vice Pres.,
A. D. Vesev. Haverhill; Secretary, E. B. Fuller, Haverhill; Treasurer,
-George F. Marshall. Maiden.— V. 71, p. 135, 341.
prior liens.
OFFICERS— Chairman Ex. Com., J. A. Powers, Waterfoid, N. Y.
President, A. B. Colvin, Glens Falls; Vice-President. Geo. E. Green
Biughamton; Treasurer. F. L. Cowles, Glens Falls; Secretary, Thos
O'Connor, Waterford.-V. 73, p. 391, 899.
HAVERHILL GEORGETOWN & DANVERS
T RY.-A trolley road.
Organization.— Incorporated in 1895 and began operating its lines
n July, l«i>6.
Maurity.
Date. Interest. Outsland'g.
Stock and Bonds—
$60,000
Stock, $60,000
1899
lstmortgage
6%
GLOVERSVILLE,
Mch. 1, 1919
35,000
5
miles of traok in Haverhill, Grove-
CAYADUTTA ELECTRIC RAILROADJOHNSTOWN GLOVERSVILLE & KINGSBORO RR.
are leased
the
Road —Owns and operates 635
land and Georgetown.
Earnings— Years ending Sept. 30: In 1900, gross, $26,310; net,
$9,287; charges, *3.370; dividends, $3,600; surplus, $2,311; in 1899,
gross, $23,2;- 9; net, $7,482.
OFFICERS— President, Chas. E. Barnes, Maiden, Mass.; Treasurer,
Geo. F. Marshall, Maiden; Secretary, Edmund B. Fuller, Haverhill.
Both these roads
(steam) Railroad Co.
Population
SCHUYLKILL TRACTION CO.-A trolley road.
mortgage.
Stock
& Bonds—
8tk., $1,500,000,
Miles. Dale.
Interest.
com-
mon,$100
<
$500,000 ($100)
pf.
59fr.non-cum
Outst'ing.
Maturity.
$1,500,000
>
500,000
)
,
1st M. ($500,000), g.,) „„
Rq o 5 g A-0
500,000 Apr. 1, 1943
$500 $1,000, s, f. I?*
t
r
is paid
atEquit.Tr. Co., Trustee. Phil a.
„;„; ^ Interest
Bondamav be purchased for sinking fund at 105.
after Apf "98
o*
k
e
1
150.000 Nov. 1,1923
* «i^o ool? *ni' £ 51a 1893 4gM-N
Interest at Equitable Trust Co., Phila., Trustee.
*JAr
$m\ ;X'
I
M
H
fy Schuylk Trie
>
:
000X\o0bSS&
••«
19014^8 J.J
39,000
1951
i
Bonds.— The new mortgage Is given to retire all outstanding bonds
and to provide for improvements, extensions and any purchase of
existing properties. Of the $39,0C0 outstanding, $8,000 are held in
the treasury.
Road— Schuylkill Traction Division 22^ miles of track, beginning
at Locustdale, thence through Ashland, Holmesville to Girardville,
forming there *a Y. one branch running through Lost Creek to Shenandoah and the other branch to Maizeville, Gilbetton and Mahanoy City.
Lakeside division, 5** miles. Extensions of 43 miles proposed and
charters obiained, of which 4 miles completed during the spring of
lbOl. Extensive improvements were made in 1801.
Latest Earnings— For 8 months to Aug. 31, 1901 (including Lakeside division), gross, $93,716; net, $39,961; interest, $21,000; surplus,
$18,961.
Annual Report— Fiscal year now ends Dec. 31. Gross receipts of
the Schuylkill Traction and Lakeside oombined for the 7*4 years ending Deo. 31, 1900, averaged $115,038 per annum.
OFFICERS— President, Clarke Merchant, Philadelphia; Vice Pres. and
Gen. Mgr., Powell Evans, Philadelphia; Sec. and Treas.. J. A. McKee,
Philadelphia; Superintendent, F. P. Unger, Girardsville, Pa.— V. 63,
p. 795; V. 70, p. 895; V. 71, p. 84, 288; V. 72, p. 242, 284, 582, 676.
GLENS FALLS,
N. Y.
Population 1900 was 12,613;
in 1890 was 9,509;
and in 1880 was 4,900.
trolley road.
Organization— Incorporated Aug*. 15, 1901, by the Colvin-Powers
Syndicate as a consol'dation of the Glens Falls Sandy Hill & Fort
Edward Street Ry., Warren Co. Ry., Stillwater & Mechanicville St.
Ry., Greenwich & Schuylerville Electric RR., Saratoga Traction Co.
and Saratoga Northern Ry., the capital stock of these roads being exchanged for stock in the new comany. eee Chronicle, V. 73, p. 391.
Has contract with the United Traction Co. giving it permission to run
oars over their tracks into the cities of Albany and Troy. Will carry
freight as well as passengers.
Road-— Main
line
RAPIDS, MICK.
1900 was 87,565; in 1890 was 60,278
and in 1880 was 32,016.
trolley road.
was incorporated as a successor company to the Consolidated Street Ry. and the North Park
St. Ry., and owns all the street railway properties of Grand Rapids
and violnity.— V. 70, p. 1149. Franchises expire in 1919, in 1920 and
in 1921.
Date. Interest. Outsland'g.
BONDS—
STOCK
Maturity.
Stock.com., $2,000,000($100)
$2,000,000
,''"'"'
Organization, Etc.—
April,
&
Pref., $2,000,000
p.c! ($100)..
cum. 5)
„_ „
Knn
Nov.'01,li4%
1,500,000
Gr. Rap. Ry. Co. 1st M....C ( 1900 5 g J-D 2,500,000
June 1.'16
$3,500,0j0, gold, $1,000.. Int. at N. Y. security & Tr. Co., Trustee.
Bonds, Ete.—Ot the new mtge. for $3,500,000, $1,000,000 is reserved for permanent additions and improvements, and can only be issued for 85 per cent of the cost, and only ''when the net earnings of
the company for the preceding year are equal to, or exceed, double the
interest charge on the total amount of bonds outstanding, including
those to be issued." Sinking fund becomes operative on Oct. 1, 1905,
payable 1 per cent of bonds out up to Oct. 1, 1910, then 2 per cent up
to 1915. (See V. 70, p. 1149.) Bonds cannot be called. Messrs. N.
W. Harris & Co., of this city, and E. W. Clark & Co., of Philadelphia,
have been placing the bonds, which have been listed on New York
Stock Exchange.
Dividenas— Dividends on preferred stock become cumulative after
Oct. 1, 1900. First dividend of 1M p. o. was paid Feb. 1, 1901; May 1,
lh p. c; Aug., 1*4 p. c; Nov., 1*4 p. c.
ROAD— Owns and operates 52-75miles of track. Equipment, 70 motor
•
cars, 71 open cars and 38 trail cars.
Earnings—The earnings of the property for the years ending Deo.
31 are as follows, the interest shown being the present fixed charge.
Year.
Gross.
Net.
Interest.
Surplus.
1900
$506,705
$218,229
$125,000
$93,229
1899
44^,580
213,181
........
...!....
OFFICERS— President, Anton G. Hodenpyl; Vice Pres., C. M. Clark;
Treasurer, W. H. Anderson; Secretary and Ai-st. Treas., B. S. Hanchett Jr.; Asst. Sec, C. Ford Stevens; Gen. Man., G. S. Johnson.— V.
67, p. 319; V. 70, p. 583, 739, 841, 1048, 1149; V. 72, p. 183, 438.
.
\
<,
GRAND RAPIDS GRAND HAVEN
KEGON RY.—Projected road. Third system. & MUSrail
Organization-— Incorporated early
in
1900 to build an
electric road
connecting the three cities named in the title, a total distance of 45
miles. In Nov., 1901, the road was well under construction, 10 miles
of track being laid and remainder balla- ted. Expected to be completed
and in operation by the spring of 1902. Population served about
155,000. In June, 1901, $1,250,000 of the bonds were offered for
sale by the Security Investment Co. of Pittsburg in conjunction with
a large number of other houses.
STOCK
Interest. Outstanding.
Bonds— Date.
Maturity.
'
Stock, $1,200.000
$1,200,000
1st mort $1,500,000 > 1901
5g. J J
1.250,000
July l,"l926
($1,000), gold
5 Standard Trust Co., New York, Trustee.
Bonds— The $250,000 remaining honds can only be issued from time
to time for acquisitions, betterments, etc. The interest on outstandng bonds is guaranteed for 5 years by the Security Investment Co.
Officers— President, James D. Hawks; Vice Pres., T. F. Carroll;
Sec. Wallace Franklin, Detroit.— V. 71, p. 437, 1219; V. 72,
p. 1187.
&
,
GRAND RAPIDS HOLLAND & LAKE MICH-
IGAN.— Under construction.
See V. 71.
p.
602.
GREAT FALLS, MON.
Population 1900 was 14 930;
in
1890 was 3.979.
GREAT FALLS STREET RY-A
In hands
extends from Albany and Troy northward along
Glens Falls and Caldwell to Warrensburg. The Saratoga division,
which branches off trom the main line at Mechanicville, provides a
lin6 from Alba y and Troy to Round Lake, Ballston and Saratoga.
Total track about 1<
miles.
Company owns Kaydeross Park, at
Saratoga Lake; Ondawa Park, between Greenwich and Schuylerville;
Fort William Henry Park and the new Fort William Henry Hotel at
Lake George.
Date.
Interest.
Outstanding. Maturity'
STOCK & Bonds—
8t*k,$2,e00,000,par$100
New Co' sol Mortgage, > 1901
5e.
$4,000,000
gold \ May be called at 110.
Underlying Liens —
GF.S.H&F.E.lstM. (no) 1891
6 J-J
100,000 Julyl.1911
op.) ($500&$l,000).g.c. < Int. at Central Trust Co., N. Y., Trustee.
6J "J
50,000 July 1, 1913
do 2dM ($500W \> 1893
Int. at Merchants' Nat. Bank, Glens Falls.
do. 3d M. ($150,000)
1901
6 A-O
150,000 Apr. 1, 1921
Still. & Meoh. 1st M
1893
6 A-O
47,500 Apr. 1,1913
do. 2dmtge. cons. > neQQ
1898
6
A-O
202.200
Apr. 1, 1913
$250,000..
\
8ar. Traction 1st mort. ) . Q „„
5-g. J-J
300,000 July 1, 1929
$300,000
gold \ 1899
do.
2d M., $36,000.
36,000
Green. & gchuyl 1st M. } 1899 S-g.'J'-J
325,000 July i', 1929
g. ($1,000) $ 00,t 00.
May be called at any time.
in
RY.-A
GRAND RAPIDS
In
1900,
HUDSON VALLEY RR.-A
the Hudcon through the villages and towns of Waterford, Mechanicville, Stillwater, Schuylerville, Greenwich, Fort Edward, Sandy Hills,
Fonda Johnstown & Gloversville
to
See Investors' Supplement.
GRAND
GIRARDVILLE, PA.
The Sohuylkill Traction Co. is the only electric road in the boroughs of
Shenandoah, population 20,321; Mahanoy City, 13,504; Ashland,
6,438; Gilberton. 4,372; Girardville, 3,666. Population tributary to
this company's lines is 200,000.
Organization— Chartered Sept. 26, 1892, in perpetuity, under the
Motor Traction Act of March 22,1887. Road opened June 1, 1893.
On Jan. 6, 1893, leased for 999 years the Mahanoy City Shenandoah
Girardville & Ashland Street Railway. On Oct. 5, 1893, leased for
999 years the Ashland Locustdale & Centralia Elect. Ry. Owns all
the stock of these two roads, which is pledged under the first mortgage.
On Aprii 27, 1900, leased for 999 years the Lakeside Railway, which
connects the two ends of the company's routes from Mahanoy City to
Shenandoah and purchased 2,600 of the 5,000 shares of the capital
Btook. On Jan. 14, 1901, leased the Shenandoah &. Pottsville Street Ry.
for 999 years (incorporated Aug. 1, 1900), from Pottsville to Shenandoah, 13 miles, aud bought all its capital stock. The Lakeside and
Shenandoah & Pottsville stock are pledged under the consolidated
N. Y.
Popolation 1900 was 18,349; in 1890 was 13,864;
and in 1880 was 7,133.
in 1899-00
_
Organization—
STOCK & BONDS—:
trolley road.
of W. D. Dickenson as receiver.
Miles. Date. Interest. Outstanding. Maturity.
8tock,$200,000, par,$25
$100,000
M. for $500,000 go Id
1891 6gJ-D
246,500 June
Mortgage trustee, Massachusetts Loan & Trust Co., Boston.
ROAD—Operates 823 miles of track and 8^ miles of road.
GREEN BAY,
i,
1905
WIS.
Population 1900 was 18,684; in 1890 avas 9,069;
and
in 1880
was
7,464.
FOX RIVER ELECTRIC RAILWAY &
POWER.-Trolley.
This is a reorganization of the Fox River Electric, sold at foreclosure
Jan. 14, 1899. (V. 68, p. 129.) In October, 1899, purchased the MoCartney Street line. Population sorved about 26 Oo.
.
•
Warren Co.
1st
mortgage
|
^f ^ ^"^
any time.
,
STOCK and Bonds.
Date.
Com., (par $100), $25,000
Pf. 5% cum. ($100), 125,000
^
Mi?dp
50 $100
500
M
1899
Interest. Outsland'g.
$20,000
125,000
115,000
Maturity.
.
5 SJuly 1,1919
$150,000
Interest at Milwaukee Tr. Co., trustee.
£
Road—Owns and operates all lines in the City of Green Bay, and
also a line from Green Bay to De Pere, 20 miles in all; 45 and 78po'ind rail; 19 motor cars, 8 trailers.
OFFICERS (new).— President, H. S. Eldred, Milwaukee; Vice-President, A. M. Murphy, Green Bay; Secretary, B. L. Parker, Green Bav:
Treas. and Gen. Man., Mitchell Joannes. Green Bay.— V. 68, p. 129
'
'
—
STREET RAILWAYS.
42
GREENFIELD, MASS.
STOCK
GREENFIELD
&
TURNERS
STREET RAILWAY. -A troUey road
FALLS
24, 1895. Owns 750
Connecticut River at Deerneld.
Date. Interest. Outstanding. Maturity.
STOCK
BONDS—
$115,500 6% 1900-01
Stock, $1 30,000, r$100)
90.000 Junel,1916
5g. J&D
, atm
„^ goia,
„„,,, „
J 1896
s. f
i
181 mort.,
^ interest at Beaoon Trust Co., Boston.
16,500
Loans pay. Sept. 30/01
Bond*—The mortgage (originally $100,000) provides for the payment of $2,000 annually from 1897 to 1915, Inclusive, at a premium.
Road— Greenfield to Deerneld, Cheapside, Lake Pleasant, Miller's
Falls. Montague City and Turners Falls, 1506 miles; sidings, 041
Organization— Commeuced operation June
feet steel bridge across the
&
miles; total track,
1547
miles.
Earnings— For year ending Sept- 30, 1901. gross. $44,865; net,
$17,660; charges. $8,081; dividends, $6,930; surplus, $2,649. In
1900. irross, $39,984; net, $18,022; charges, $7,990; dividends, $4,155;
surplus. $5,877.
President. Fred'k E. Pierce; Treasurer, D. P. Abercronibie Jr.; Superintendent, J. A. Taggart.— V. 63, p. 76.
HACKENSACK,
Population 1900 was
and
NEW JERSEY
FERRY
N.
9,443; in 1S90
in 1880 was 4,248.
&
CO.-
J.
was
6,004;
HUDSON RIVER
RY- &
Oroanization— Incorporated at Trenton, N. J., on Feb. 27, 1900, as
a consolidation of the Bergen County Traction Co. and the Ridgetleld
and Teaneck Ry. Co. See V. 70. p. 430. The new company owns the
entire capital stock of the Riverside & Fort Lee Ferrj Co., and the
ghland Improvement Co. The controlling ownership of these companies has been held by the same parties for the past few years.
Date. Interest. Outstanding. Maturity.
Bonds
Stock
Sto k. common $1,000,000
$1,000,000
Stock pref. $.50,000 6 p.c. >
450,000 Feb.'01,5%
/v
n
—
&
non-cum
'
\
'
1900 5 g. M-S
800,000 Mar 1, 1950
Unt. at U.S. Mtge.&Tr. Co., N.Y., Trustee.
Bonds— Of the $1,500,000 bonds, $700 000 are reserved for future
extensions and improvements. The bonds can be called on and after
March 1, 1905. on any interest day, at 110 and accrued interest, upon
six weeks* notice. The mtge. binds the company toprooure the cancellation of the outstanding bonds of the Bergen County Traction Co.,
and al90 to acquire 90 per cent of the $100,000 outstanding bonds of
the Riverside & Fort Lee Ferry Co. on or before Jan. 1, 1901. We are
informed that this provision has been complied with.
Dividends— The first dividend of 5 per cent on pref. stock was paid
on Feb. 15, 1901.
Road— Owns and operates 12 miles of road, from ferry at West 130th
St., New York City, to Englewood and to Hackensack.
The latter line
was opened on June 21,1900. On May 6. 1901, an ordinance was
passed giving the company right of extending through Haokensack
to Maywood. In August, 1901, obtained consents of property owners
for an extension running through Maywood, Areola, and into Paterson, which was completed and opened for traffic on Nov. 9, 1901.
OFFICERS— President, A. Merritt Taylor; 1st Vice-Prest., W. H.
Clark; 2d Vice-Prest.
Gen. Man., Frank R. Ford. 149 Broadway.
N Y.; Sec. & Treas., W. N. Barrows. V. 70, p. 382, 430, 1249; V. 72,
1--
mort., $1,500,000 gold
($1,000) o*
K
<fc
p.
242.
BONDS—
Middletown H.& S.stk.
The Traction
Bee on a previous page.
Stock
Bonds—Capital stock, $200,000; par, $50. First mortgage is for $200,000 gold 6 p. c. bonds, dated 1896, <lue May 1, 1916,
interest, Q.— F., at office of Commonwealth Guaranty Trust & Safe
Deposit Co. of Harrisburg, Pa., trustee of mortgage.
Road— Hagerstown to Williamsport and Funkstown, 13 m. of track.
Under the name of the Hagerstown & Boonsboro Ry. Co. an extension of 10 miles is under construction to Boonsboro.
President, Christian W. Lynch; Treasurer. Wm. Jennings.
&
CO-
1901 with a capital of $120,000
stock and a bond issue of $120,000, to build an electric road from
Boonsboro to Funkstown— about 10 ulles— where connection Is made
with the Hagerstown Ry. The same interests control both properties.
in
HAMMOND,
IND.
—
:
Latest Earnings-—Two months to August 31.
1901
Gross, $83,195; net, $34,110
1900
Gross, 71,915; net, 31,581
Earnings for years ending June 30:
12 m os.
Oross.
Net.
Int., taxes, etc. Dividends. Bal.,sur.
1900-1901. .$357,709 $194,585
$100,000
t$94,585
1899-1900.. 368,645
100,000 def $3,502
206,124
tl09,626
*75,548
1898-99.... 358,406
sur.2,057
208,345
tl3>,740
Dividend was paid in stock.
t Includes in 1900 01 $30,542 and
"
in 1899-1900 $35,367 of other expenses" and in 1898-99 $54,983.
Officers— Pres., Edward Bailey; V.-Pres., B. F. Myers; Sec and
Treas., W. J. Calder; Supt. and Pur. Agt., F. B. Musser.— V. 63, p. 227;
V. 69, p. 743; V. 70, p. 125, 945.
HARRISBURG & MECHANICSBURG
ELECTRIC RAILWAY
CO.-A trolley road.
Organization— Operates 7 miles of track.
Date. Interest.
STOCK & BONDS
Outstand'g. Maturity.
Stock auth., $225,000
$144,500
1st mort., $224,000, gold....
1894 6 g. M-S
144,500
Sep.Vl914
Interest is payable at office of trustee, the Harrisburg Trust Co.
For year ending June 30, 1901, gross, $35,529; net, $11,559; inteiest
and taxes, $11,408; surplus, $151. President, Spencer C. Gilbert;
Seo.-Treas., W. L. Gorgas, Harrisburg.
HARTFORD, CONN.
Population 1900 was 79,850; 1890 was 53,230;
AJID IN 1880
was
42,553.
HARTFORD MANCHESTER & ROCKVILLE TRAMWAY COOrganization— Incorporated on June 6, 1894.
Date. Interest. Outstand'g.
STOCK & BONDS—
When
due.
$300,000
Stock $500,000 (par $100)
1894 5 A-O
200,000
Oct. 1, 1924
1st mort., $300,000
Road— Operates 18*75 miles of track, extending to Manchester, Talcotville
and Rockville.
EARNINGS—Twelve months ending June
30, 1900, gross, $115,270;
interest and taxes, $15,055; balance, surplus $13,751.
OFFICERS— President, M. S. Chapman Vice-Pres. and Treas., R. O.
Cheney Sec, J. W. Haynes, all of South Manchester, Conn.— V. 65, p.
;
HARTFORD STREET RAILWAY-A
Organization—Chartered in 1892. Franchise runs till 1917. Controlled In interest of South Chicago City Ry. V. 62, p. 86.
Stock
Bonds— Mil**- Date. Interest. Outstand'g. Maturity.
&
Stock, $3o0,0<0
$287,000
1894 5 g. M-8
1st M., $100,000, gold 22
100,000
Mar. 1,1904
Interest payable at Northern Trust Co., mortgage trustee, Chicago, 111.
Road Owns 22 miles of track, extending from State line at Roby to
Whiting, East Chicago and Hammond, anrl operates in connection with
South Chicago City t.y. to 63d St. and Madison Ave. in Chicago.
OFFICERS— President, A. Murray Turner; Vice-President, D.
Cummlngs Secretary & Treasurer. O. S. Gaither.— V. 62, p. 86, 502.
—
M
;
HARRISBURG, PA.
POFULASKMi 1900 was 50,167;
1890 was 39,385; and
1880 was 30,762.
HARRISBURG TRACTION-A trolley road.
to increase the capital
stock to $2,500,000, to provide for extensions and improvements.
trolley road.
Organization— Incorporated on July 1, 1862, as the Hartford &
Wethersneld Horse Ry., and changed to present title on Oct. 4, 1893.
Date. Inter' t. Outstanding. Last div., t&c.
STOCK & BONDS—
Q- J $1,000,000 Oct.,'01, 1**%
Stock ($2,000,000, par $100)
a b
E
200 000
Deo *• 1927
TooT™. 1 1897 5 J D
gna?:,*ed! De c.
Sept. 1, 1930
New 1st mort., $3,000,66b" ) 1900 4g. M-S 2,250,000
t
'
-
c* $ Conn. Tr. & Safe Dep. Co., Hartford, Trus.
gold ($1,000)
Interest is payable at Connecticut Tr. & Safe Dep. Co., Hartford, Conn.
Dividends. -In 1894, 6 p.c; '95, 6; '96, 6; '97, 6 p. O.J '98, 6 p. 0,
'99,6 p.c; in 1900, 6 p.c; in 1901, Jan., l»a p.c; April, 1*9 p.c;
July, l»a p. c, and Oct., l^a p. c
ROAD— Lines extend to Wethersfleld, West Hartford and Windsor.
East Windsor, East Hartford and South Glastonbury, In all 89*49 miles
Standard for the city Is 90-lb. girder rails and In the
main track.
country 58 to 70 lb. T rails Cars* Closed 97, open 101, other 49.
East Hartford&Glastonbury Horse RR.(name changed in 1899 to East
Hartford & Glastonbury Street Railway) is controlled by ownership
The Newington
of stock and leased lor 30 years from 1897.
Tramway, from Newington Church to Hartford, was purchased in
Hartford
to
New
Britain is operated via
1897, and a through line from
the Central Ry. <fe Lighting Co. of New Britain.
Earnings— F° r fiscal year ending June 30 in 1901, 1900 and 1899,
and year ending Sept. 30 in 1897, earnings have been:
Net.
Int.
<t
taxes.
Dividends. Bal.,sur.
$254,057
$150,924
$60,000
$43,133
248,192
142,806
75,000
30,386
1900
185,206
142,763
42,000
443
1899
188,351
145,386
12,000
30,965
1897
OFFICERS— President, E. 8. Goodrich; Vice-President, Samuel G,
Dunham; Sec. and Treasurer, Daniel R.Howe; General Manager, N.
McD. Crawford, all of Hartford.- V. 65, p. 1069, 1173; V. 70, p. 531,
$737,871
682,936
618,913
576,992
1901
HAMMOND WHITING & EAST CHICAGO
ELECTRIC RAILWAY-A trolley road.
Organization— O-tr-inlzed in May, 1895.
The stockholders voted on July 16, 1901,
100,000 Lease rent
(all) stook of the
East Harrisburg Passenger Railway and $235,000 (all) of the Citizens*
stock.— V. 60, p. 873.
DIVIDENDS— The dividends in February and August, 1899, aggregating 4 per cent, were paid in stock, the money being used In reducing
floating debt. Dividend period changed to quarterly, and 1 per cent
paid in cash Oct., 1899. In 1900, Feb., l 1 ^ p.c; May, 1 p. c; Aug.,
I 1* p. c. Dividends again changed to semi-annual and 1H p. o. paid
Feb. 1, 1901, and 2*2 p. o. on August 1.
ROAD Leases and operates 47 miles of track as follows East Harrisburg Passenger, 24 miles; Citizens' Passenger, 6 miles; Harrisburg City Pass., 5 miles; Middletown Highspire & Steelton Pass., 12 m.
OnMay 2. 19 0, it is stated, purohased at foreclosure sale the Greenburg Jeannette & Pittsburg Street Ry. of 9 miles for $25,000.
Oross.
Population 1900 was 12.376; in 1890 was 5,428;
and in 1880 was 699.
in
10 J-J
1069.
trolley road.
12, 1896, for 40 years. No longer
Organization—
has city contract, but furnishes commercial electric lighting.
Interests identified with this company in July, 1901, purchased a
majority of the stock and all of the bonds of the Myersville & Catoctin
Electric Ry., but shortly thereafter directors of the latter made a new
lease of the road to the Frederick & Mlddletown Electrio Ry., which
RY.
50
Co. holds In its treasury $700,000
;
HAGERSTOWN
RAILWAY. -A
Chartered March
HAGERSTOWN & BOONSBORO
LastDiv.
Date. Interest. Outstand'g.
;
Population 1900 was 13.591: in 1890 was 10,118;
and in 1880 was 6,627.
Organization— Incorporated
Par.
Traction,
stock, $2,500,000...
Text.
50
$1,945,548 See text
Citizens' Passenger— 5
1894 6g. M-N
May 1,1924
75,000
1st M„ $75,000, gold \ Int. at Com'wealth Guar. Tr. Co., Harrisburg
Leased to E. Har. Pass. Ry.—
Harris. City Pass. stk..
12 J-J
25
$125,000 Lease rent
net, $28,806
HAGERSTOWN, MD.
(1)
&
Harrisburg
Population 1900 was 7.997; in 1890 was 5.252; and
in L889 w \s ;!.;>03.
1095, 1149, 1194; V. 71, p. 29, 390.
FARMINGTON STREET RAILWAY-Trolley.
Organization—This
is
the Hartford
&
West Hartford Horse RR.
sold in foreclosure August 1, 1 *99. New company organized, and began business on Oct. 1 9, 1900. Old bondholders received stock in
exchange for their bonds. No bonds now. Extensive litigation in
progress in the oourts over claims against the old property.
Dale.
Outstanding.
Maturity.
Par.
BondsSTOCK
....
$100
$189,000 (B 6 paid)
Stock, $189,000
ROAD Operates 13^ miles of track laid with 65-pound T rails, 10
miles of which It owns and upon 3h miles It has trackage rights.
Earnings For year ending Oct. 19, 1900: Gross, $32,156; net,
$3,413.
OFFICERS— President. 8. D. Coykendall, Kingston, N. Y.; VicePresident, H. C. Soop. Kingston, N. Y.; Secretary and Treasurer, E. D.
Robblns, Hartford, Conn.— V. 65, p. 1069; V. 68, p. 524, 1225; V.
69, p. 283.
&
—
J
;
;
:
7
STREET RAILWAYS.
HOBOKEN,
HAVERHILL, MASS.
Population
in
N. J.
Population 1900 was 59,364; in 1890 was 43,648;
AND in 1880 was 30,999.
1900 was 37,175; is 1890 was 27,412
in 1880 was 18.472.
AND
HAVERHILL & AMESBURY STREET
—A trolley road.
Stock & BONDS—
par
Interest.
n...,^,,^
None
since.
Road— Has 28 miles of track, including sidings, etc
Annual Report— For years ending Sept. 30 earnings have been
Net.
Int.. Taxes, <tc.
$42,393
33,960
$35,220
31,454
Gross.
1899-1900
1898-99
$115,659
101,937
Bal., Sur.
$7,173
2.506
Officers— Presideut, Charles Goss, Amesbury, Mass.; Secretary and
Treas'r, Geo. A. Butinan; Office. 8 Congress St.. Boston.— V. 68, p. 672.
HAZLETON, PA.
Population 1900 was 14,230;
and
in
WILKESBARRE
in 1890 was 11,872;
1880 was 6,935.
&
road.
HAZLETON
RR.-A trolley
Organization— Incorporated in New Jersey May, 1901 and took
over the Lehigh Traction Co also acquired the entire ($1,500,000)
capital stock and ($1,500,000) bonds of the Wilkesbarre & Hazleton
Railway of Pennsvlvania and deposited the same, together with
$140 000 (entire issue) of the Lehigh Traction Co.'s 5 per cent certificates of indebtedness and $700,000 (being 70 per cent) of the stock of
the Lehigh Traction Co., as security for the Wilkesbarre & Hazleton
lscue of tlrst collateral trust mortgage 5 per cent gold bonds. V. 72,
p. 1281. The Lehigh Traction Co. was chartered Nov. 7, 1892. Franchise perpetual. Owns, controls and has leased for 999 years, at an
annual rental of $1 each, the Hazleton & Suburban Electric Ry.,
capital $30,000 Hazleton & 8outh Side Electric Ry., capital $75,000;
Hazleton & North Side Electric Ry., capital $75,000.
,
;
;
&
STOCK
Bonds—
Date.
Interest.
8tk.,com.,$2,5OO.O00($100)
Stock, pref. 6% non-oum.
$200,000 ($1.000)
Coll tr mtge.,$2,500,C00
Cutstand'g
$2,500,000
Maturity.
169.500
1,400,000
May 15. 1951
1901 5g M&N15
gold ($1.000>
c* (Int. at Guaranty Tr. Co N Y.. Trustee.
L. T. 1st M. $500,000, g. J 1893 5g. J-D
500,000 June 1, 1923
$100, $500, $1,000... c* Trustee, Markle Bank'g & Tr. Co.,Hazeiton.
1895 5g. M-8
1925
Car barn bonds, +55,000.
55,000
1925
Hazle Park b'ds, $60,000. 1895 5g. A-0
30,000
Bonds— Of the authorized issue of $2,500,000 collateral trust bonds,
$6 0.000 are reserved to retire all bonds ol the Lehigh Traction Co.,
and $'00,000 are held in the hands of the trustee for the acquisition
of additional property. Pref. stock can .at option of company be
ohangrd at any time into the bonds of the' company at par, said bonds
to bear not less than 5 p. c, or may be redeemable at par in cash.
Road—Operates 27 miles of road laid with 60-lb. new steel T rails,
oak ties, well ballasted. Road extends from Hazleton to West Hazleton,
to Yorktown (connecting withPenn. RR. and Lehigh Valley RR.),toMcAdoo (South) and Milnesville, Lattimer, Urinas and Freeland (North).
An extension of 27 miles from Hazleton to Wilkesbarre is under construction and is expected to be completed by Aug. 1, 1902; is to be
operated by the third-rail system.
Earnings— Fiscal year ending December 31 of Lehigh Traction Co.:
Gross.
Net.
Int., taxes, etc.
Balance.
Year—
1900
$'14,704
aur.$19,414
$61,164
$41,750
1899
106.515
39,72*
sur. $X,019."
48,748
*53.204
aef. 9,01
1898
97,025
44,187
OFFICERS— President, A. Markle; Vice-President, John B. Price
Treasurer, N. C. Yost; Secretary. E. 8. Doud.— V. 64, p. 232; V. 66
p. 233; V. 72, p. 1279, 1281; V. 73, p. 33.
<
,
i.
This is a consolidation Nov., '99, of praotically all the trolley roads in
the northern part of New Jersey except the North Jersey Street Railway, aiirt this latter is controlled by the same interests, namely the
Shanley-Young syndicate. V. 69, p. 955. The Jersey City Hoboken &
Paterson (generally known as the White Line system) comprises the
following roads:
Jersey City Hoboken & Rutherford Electric.
North Hudson County (controlling the Hudson & Bergen Traction
and the Pavonia Horse RR.).
Palisades RR.
Paterson Central Electric
Paterson Horse RR.
Paterson Passaic <fe Rutherford Electric.
Paterson Railway.
Saddle River Traction.
White Line Traction, formerly the New Jersey Electric.
All the above roads had been previously merged, except the Paterson Ry. and the North Hudson County, and in July, 1901, these
two companies were also merged in the consolidation.
On Aug. 15, 1901, the shareholders voted to guarantee $1,000,000
bonds, principal and interest, of the Bergen Turnpike Co.
STOCK and BONDS.—The company made a mortgage for $20,000,000. as described below.
Of the new bonds, $10,500,000 are outstanding at the present time. These have been used to acquire the
stocks of the various roads absorbed, and to retire the $2,459,375
White Line Traction live per cent ad-interim mortgage. The $404,000
Nortli Hudson County debenture 6s and the $300,000 of Paterson City
Railway 2d general 6s are subject to call at any time. The remaining old bonds are not subject to call, but it is expected will be largely
retired by voluntary exchange for the new bonds.
Date.
8tock & Bonds—
Interest. Outstand'g. Maturity.
Stock, $20,000,000, $100
$20,000,000
18
- N See text. Nov.l, 1949
4g.
t
p tt * p mto-g " o-oirt
8 a '<( Interest at N. J. Tit. Guar. & Tr. Co., JereVnno'onno
$^u,uuu,uuu
sey City, Trustee.
(
"
M
Bonds of Constituent Companies—North Hudson County By.
Stock & Bonds Date. Interest.
Outstand'g. Maturity.
1st mortgage ($1,000)
6 J.- J.
620,000 Jan. 1, 1914
Consol. mort. ($3,000,000) ) , fiftR
o 78 noo July
o
Tlllv il, ia/8
iq2 o
5 JT _ JT
A«8,uuu
$620,000 to re tire 1 st Mc* 5 i8S8
2d mortgage ($1.000)
1894 5 M.-N.
1,027,000 May 1,1904
*
*
6P-A.
404.000 Feb. 1, 1902
100,000 Feb. 1. 1915
5 F.-A.
Trustee, Central Trust Co., New York.
^
Paterson Railway.
Paterson Ry. 1st
J.-D.
1888 6
$200,000 June 1, 1908
F "A
6
50,000 Aug 1, 1907
$ 189 °
Paterson uity
Cftv ±ty.
Rv
raterson
^ interestat First National Bank of Paterson.
Consol. M., gold, $1,250,- J 1891 6 g, J.-D.
1,000,000 June 1, 1931
000 ($1,000)
c<Trustee, Knickerbocker Trust Co.
Debenture 6s ($1,001
WeehawkenExt
weenawken n,xt.
)
M
m
\
1892
1895
M
M
m
-
-
A --°300.000 Oct., 1, 1914
Truste e, Paterson Savings Institution.
Latest Earnings —For 10 months ending Oct. 31. 1901: Gross,
$1,554,670; net, $751,644; charges, $697,356; surplus, $54 288.
REPORT— For calendar year 1900 gross earnings were reported
$1,803,2«7; operating expenses, $877,920; net earnings, $925,367; in
1899 gross was $1,713,259; operating expenses, $943,906; net earnings $769,353.
Road—Total of track operated is 154*718.
OFFICERS— President, David Young; Vice-President, John F. Shanley; Treasurer, George W. Roe; Secretary, William C. Doubleday;
Auditor, S. <\ Stivers. Office, 21 Hudson Place, Hoboken, N. J.— V.
69, p. 333, 955, 1012; V. 73, p. 138, 184, 236, 337.
2d gen.
een mort.,
mort $dOO,too.
$300 000
za
(1
)
\
.
1894 6
£
BERGEN TURNPIKE
CO.
Organization— Originally chartered on Oct. 27, 1802, with $53,990
capital ($10 shares) and owns the turnpike from Hoboken to Haokensack, a distance of 12 miles, over which an electric road is in course
of construction. The Jersey City Hoboken & Paterson Ry. owns a
najority of the stock and guarantees its *1.00 i.OOO 5 per cent bonds,
dated 1901, principal and interest. N. J. Title Guar. & Trust Co., Jersey City, Trustee.
_
HOLYOKE, MASS.
Population 1900 was 45,712; in 1890 was 35,637;
and in 1880 was 21,915.
HELENA, MON.
Population 1900 was 10,770; in 1890 was 13,834;
and in 1880 was 3,624.
HELENA POWER & LIGHT-A
JERSEY CITY HOBOKEN & PATERSON
RY. RY.-An electric system.
Maturity
Outstanding.
$150,000' Oct.,'97, 3%
Seetext
$100
Stock, $250,000
111.000 July 1, 1911
Black Rock &Salisb'v Beach < 1891 5g J - J
1st mortgage, gold
( Interest at International Tr't Co., Boston.
179,000 July 1, 1912
Haverhill AAinesb'yOonsol. S 1892 5g. J J
M. $290,000 g., $1,000. c* (Int. at Am. Loan&Tr. Co.,trustee, Boston.
200.000 Deo. 1, 1911
6 J-I>
5 1896
Debenture notes
^Interest at Am. Loan & Tr. Co., Boston.
117,834
Loans pay'ble Sep.30,1900
Dividends— Nov. 1, 1892, paid 4 per cent; Sept. 25, 1894, 4 per cent;
In year 1894-95,4 per cent; in 1895-96, none; in 1897, Oct., 3 p. o.
Date.
43
trolley road.
Receivership-— H. L. Walker was appointed receiver in Oct., 1901.
upon application of the central Trust Co. of New York, trustee under
the mortgage of 1&95, interest on which is in default. Company is to
be reorganized.
Organization—This company is a consolidation made in 1894 of the
Helena Electric Railway and Helena Rapid Transit, together with the
Helena Electric (Light Co.) and the Helena Gaslight & Coke Co.
Maturity.
Stock & BONDS— Miles. Date. Interest. Outstand'g.
Stock
$1,000,000 ....,
Helena Gas-Light <
1890 6 J175,000 July 1, 1910
<fc Coke lstMort. \ Interest at Minneapolis Trust Co., Minneap.,Minn.
Helena Power & L't < 20 1895 5 per ct.
425,000 Jan. 1, 1925
consol. mortgage.. ( Trustee, Central Trust Co., N. Y. City.
Road— Owns about 24 miles of trolley tracii.
OFFICERS— President, E. T. Wilson; Treasurer, Herman Gans; Secretary, H. L. Walker.— V. 73, p. 843.
RAILWAY-Trolley.
HOLYOKE STREET
Date.
Outstanding.
STOCK—
)
o^ S
$1,000
Leased line rental, Mt.
Tom RR
Last div.,
Interest,
Stock, $700,000 ($100)
Deb. b'ds ($500,$ 1 ,000 c
Debent. bonds ($50o, >
Stock, 6 p.
J-J
1895
1899
5
5
A-O
A-O
$700,000
250,000
85,000
100,000
6
c.
etc.
1901,4%
Apr. 1, 1915
Oct. 1, 1919
July,
Loans p'y'ble Oct. 1 '01.
15,605
Interest on all bonds payable at Holyoke Nat. Bank.
Dividends— In 1892 to July, 1901, inclusive, 8 per cent yearly.
Road— Has 40 miles of track, including Mt. Tom (incline) RR.,
4,900 feet long, operated under a 25-year lease. In 1900 built a road
to meet the Northampton St. Ry. at Mt. Tom Junction, giving a
through line from Holyoke to Northampton. Operates 93 oars.
Earnings— Years ending Sept. 30.
1901.
1900.
1901.
1900
,
Gross earnings.$296,165 $262,487 Dlvs. paid (8 p.c.)$48,O00 $40,000
408
Net
99,471
92,185 Bal., sur. for year
3,165
Int., taxes, &c.
51,063
49,020
Bal. for div'nds
T'l sur. Sept.30. $73,987 $73,579
48,408
43,165
OFFICERS— President, General Manager and Purchasing Agent. Wm.
S. Loomi8 Treasurer Wm. R. Hill; Supt., G. H. Hunter, all of Holyoke.
I
;
—V. 66, p. 616
HENDERSON, KY.
Population 1900 was 1<\272; in 1890 was 8,835
and in 1880 was 5,365.
HENDERSON ELECTRIC
O
QANI2ATION— Incorporated Feb.
Stock
Stock
&
BONDS—
13, '86,
Date. In (a
$100)
Consol. more. ,$60,000, cur.
(par,
$500
Road— Owns about
c*
>
5
1897
under a perpetual charter.
Outstand'g
V. 71, p. 602, 809.
HOOSICK FALLS,
ST. RY.-Trolley.
*st.
;
Maturity.
$50,000
60.000 Jan.
6 J-J
1, 1912
Int. at Louisv. Tr.,Loulsvllle,Ky.,Trustee.
5 miles of track.
_ OFFICERS— President, Robt. D. Vance; Vice-President, E. P. Millett;
Beoretary and Treasurer, J. H. Lyne.— V. 70, p. 480.
Population 1900 was 5,671
AND
N. Y.
in 1890
IN 1880 WA8 4,530.
;
was
.
7,014,
BENNINGTON & HOOSICK VALLEY RY.-
A trolley road.
Population served, 30,000.
Organization—A consolidation in October, 1897, of the Hoosiok
Ry. and Bennington Electric RR. A line was constructed from
Bennington to connect the roads, and a $250,000 mortgage has been
authorized, of which $68,000 reserved for futrre needs. On June 9,
1900, its new power plant of 400 H. P. was put in operation, and
tock increased from $160,000 to $200,000.
—
:
)
:
STREET RAILWAYS.
44
Date.
I nit rest. Outsland'g. Maturity.
Stock A. Bonds—
Stock, com.. $170,000 ($100).
$170,000
Pref., nou cum., uon-votiug,
per cent 1$100)
30,000
Ben. .t H. V. Lai M.. #250.000. s 1S97
5g. J-J
182,000 Jan. 1,1928
cokl ($500 anil $1,000)
2 Int. at Iutern'l Trust, Boston, trustee.
Road 16 uj miles Ion*, oonneottng Bennington and Hoosiok Falls.
Owns 12 double motor?, seven closed and seven open oars. Sixty.")
— V.
30, 1900, gross, $35,411; net,
912.626; Interest and taxes. $10,402; surplus, 2,223.
President. George E. Greene; Vice-President, W. M. Holmes; Treasurer, I. E. Gibson, Honnlugton, Vt.; See. and Supt., E. H. Libby, Hoo-
slck Falls.
HORNELLSV1LLE,
N. Y.
was
l\nii.A.TioN 1900
11,918; ix 1890
ix 1880 was 8,195.
and
was
10,996,
HORNELLSVILLE ELECTRIC RAILWAY
—A trolley
road.
Organization— Chartered Deo. 16, 1891. Road completed in 1S93.
Date. Interest. Oulstand'g.
Maturity.
STOCK & BONDS
Stock, $50,000 ipar, $100)
$50,000
New 1st mortgage ($500)
1898 4 J-J
70,000 July 1, 1918
Road Single track main line In city, 434 miles; branch line, 50;
Mings, 22 total of all, 5-06 miles.
—
-
;
Earnings— For years ending June 30
Gross.
1900-01
1899-00
Net
$12,815
12,451
Other inc.
d
Int.
Balance,
def.$570
taxes.
$3,358
$2,055
2,025
$73:?
8J0
3,249
del $334
Officers— President, Charles Adsit; Vice-President, F. D. Sherwood; -Secretary, De Merville Page; Treasurer & Supt, George T.
Relin, all of Hornellsville.
HORNELLSVILLE & CANISTEO
Organization, Etc.— Incorporated May 2, 1892.
of trolley track from Hornellsville to Canisteo.
Stock
&
Bonds—
Date.
Interest. Outstanding.
Stock. $50,000. par. $100
1st mortgage ($500) ,$80,000
1898
Earnings— Year ending June 30
1900-01
1899-00
Gross.
Net.
$17,298
15,811
$5,870
4,929
RY--
Owns 432
4
A&O
$50,000
80,000
Other Income. Int.
dt
miles
1,
Taxes. Surplus.
HOT SPRINGS, ARK.
Population 1900 was 9,973;
and in 1880 was
in
HUDSON,
3.554.
in 1894; successor to Hot Springs Electric
Controls Fountain & Suburban RR., 1 mile.
Date. Interest. Outstanding.
Maturity.
Bonds—
Organization— Chartered
Street Railway.
Stock
&
1894
6g.
$200,000
200,000
Louis, Mo.
J-D
June
1,
HOUGHTON, MICH.
Population 1900 was 3,359, and in 1890 was
2,062.
trolley road.
ST.
Organization. Incorporated in 1899 to build an electric road in
Houghton County, running through the entire copper belt, serving a
population of about 75.000. In June, 1901, charter amended increasing stock to $1,250,000.
Date. Interest.
Oulstand'g.
Maturity.
STOCK AND BONDS—
Stock, $1,250,000 ($100)
$750,000
1st mortgage, $750,000, <
1900 5 g, J-J
350,000
July 1, 1920
c*. \ Int. at Boston Safe Dep.
($1,000), gold
Tr. Co., Trustee
Bond*— Whole issue can be called in 1905, at $105, upon four weeks,
notice.
HOUGHTON COUNTY
.
,
$2,500,000 ($100)
1st
mort, gold ($1,000),
$2,500,000
2,500,000 Mar. 1, 1939
at Colonial Trust Co., N. Y., Trustee.
U899
5g. M.-S.
$2,500,000
c*> Int.
No sinking fund, and bonds cannot be called.
Road— The railway includes 35 miles of main line and 4 miles of
sidings, with 2 additional miles of overhead trolley road in Hudson.
In February, 1900. made contract giving it privilege to enter Albany
over the tracks of the United Traction of Albany. Operates 35 passenger cars and 18 freight and express cars, and 2 snow plows.
REPORT— For year ending June 30, 1901 Gross (with road only in
operation from Nov. 22. 1900), $102,810; net (after payment of extensive damage claims arising out of accident in May, 1901), $10,936;
other inoome, $19,575; charges, $205,213; deficit, $174,701.
OFFICERS— President, Charles H. Werner, 32 Nassau St., N. Y.;
Sec. and Treas., H. G. Runkle, 100 Broadway, N. Y.; General Manager,
George C. Blakeslee.— V. t)8, p. 1181; V. 69, p. 743; V. 71, p. 390. 808.
:
HUNTINGTON,
N. Y.
Population 1900 was 9,483; (including northport)
in 1890 was 8,277; AND IN 1880 was 8,098.
HUNTINGTON RAILROAD-A trolley road.
ORGANIZATION—Chartered in May, 1890. In 1898 the Long Island
RR. purchased almost the entire capital stook, and converted road
into a trolley line, being opened as such June 17, 1898. See L. I. RR.
item, V. 66, p. 1189.
Stock ($30,000) par $100.. $30,000
1st mortgage 5s, J&D
26,000
(Due June 2. 1920.)
Interest is payable at the Atl an tio
I
EARNINGS— Year ending June 30:
1901.
|
I
Gross
$10,864
1900.
$9,359
def. 1,259
Net
110
Charges
1,757
1,754
Balance
def.1,647
def.3.013
Road— Owns 3"18 miles of traok, from Huntington to Huntington
Harbor.
President, W. H. Baldwin, Jr., Long Island City; Seo'y and Treas'r.
Frank E. Haff, 128 Broadway, (New York.
New York City.
I
I
INDIANAPOLIS, IND.
1924
Trustee is St. Louis Trust Company, St.
Road Operates 11*8 miles of track.
OFFICERS— President, S. W. Fordyce; Secretary, C. E. Maurice;
Treasurer, General Manager and Purchasing Agent, C. G. Convers.
—
ALBANY & HUDSON RAILWAY&POWER
I
HOT SPRINGS STREET R AILROAL>-Trolley.
Stock, $500,000
1st mortgage, gold
N. Y.
—Is a consolidation of Hudson Street Railway, Hudson Light A Power
Co Kinderhook & Hudson RR., Greenbush & Nassau Eleotrlo Ry.,
Citizens' Eleotrlo Light «fe Power of Hudson and Kinderhook Power A
Light Co. Also owns the stook and bonds of the East Albany Gas
Light Co. and the Rensselaer Lighting Co. In October, 1900, cars
began running from Hudson via Rensselaer to Albany, operated by
the third-rail system. The new company remodeled the old Kinderhook & Hudson, formerly a steam road, and built a 19-mile connecting link between Nlvervllle and Albany and alt-o a new steel bridge
at Rensselaer, 1 ,900 feet long, to cross the New York Central and Boston A Albany railroads. It will also supply light and power along its
route. The main power station is located at Stuyvesaut Falls.
Maturity.
Date. Interest. Oulstand'g.
STOCK and BONDS—
Trust Company,
1890 was 8,086;
;
Population 1900 was 9,528; in 1890 was 9,970;
and in 1880 was 8,670.
1918
$55
$3,954
$1,971
135
3,828
1,236
Officers— President, De Merville Page; Secretary, Charles Adsit;
Treasurer and Superintendent, Geo. T. Rehn.
;
;
Maturity.
Oct.
F.
68, p.
73, p. 494, 784. 957.
—
pound T rails.
Earnings— For year ending June
Treas'r, A. N. Parlin; Vice-Pres. and Gen'H
McGregor; Seo'y and Assistant Treas'r, J. W. Payne.
229 V. 66, p. 950 V. 71, p. 437 V. 72, p. 1080, 1186; V.
OFFICERS— President and
Manager, H.
RY. -A
.
&
Road —Owns and operates 7 miles of track from Houghton to Hancock, and from Hancock to Boston Crossing. Additional mileage under
construction and expected to be completed in 1901. Total track will
Population 1900 was 169,164; in 1890 was 105,436;
and in 1880 was 75,056.
BROAD RIPPLE TRACTION-A
trolley road.
The Indianapolis & Broad Ripple Rapid Transit Co. was sold at
foreclosure on July 15, 1899, for $200,000 to W. F. Brown of Philadelphia, and the present company organized as its successor July 17,
1899. See V. 69, p. 180. The Indianapolis Street Railway owns about
75%
of capital stock, but a separate organization to be maintained.
Date.
Rate.
Oulstand'g.
Maturity.
Stock and Bonds-
Stook $100,000 (par$100)
$100,000
400,000 July 1,1933
Interest at Guarantee Trust & SafeDe'
(1899 5
Mtg. gold, $400,000($1, 000)0* <
(
g.,
posit Co. (Philadelphia), Trustee.
Bonds— Are guaranteed, principal and interest, by
Ry. No sinking fund, and bonds cannot .bo called.
Road— Embraces 7^
.
J-J
Indianapolis St.
miles of track from Indianapolis to Broad
Ripple Park.
Sec. John D. Thomson TreasV. 68, p. 723, 871, 927, 1225; V. 69, p. 180; V. 73,
OFFICERS— President. John B.Warner;
urer. E. B. Peck.
p. 137, 183.
;
INDIANAPOLIS STREET RAILROAD. -A
trol-
ley system.
Organization.— Incorporated in Indiana, March 7, 1899. After
acquiring the Citizens' Street RR. ol Indianapolis and the City Railroad, made a contract with the City of Indianapolis agreeing 'to surrender the rights and franchises of both oompanies and accept a
new franchise running only thirty-four years. The contract also provides that cash fares are not to exceed live cents, with free transfers,
and tickets are to be sold at the rate of six for twenty-five cents and
twenty-five for one dollar.
The company also binds itself to pay over to the city (which is to exPopulation 1900 was 44,633; in 1890 was 27,557:
pend it on the public works) the sum of $30,000 yearly, from 1899 to
and in 1880 was 16,513.
1925. and $50,000 yearly, from 1926 to 1932, inclusive, the
-A trolley expiring in 1933— see V. 68, page 723. The city gets the rightcontraot
to puroad.
chase the property "at any time within two years and not later tnan
Organization—Chartered at Austin, Tex., on Oct. 26, 1901, and is one year before the expiration of this contract," nothing to be paid for
successor to the Houston Elec. St. Ry. Co., sold at foreclosure Oct., '01. the value of the franchise.
The foreclosure was under the plan rormulated by the reorganization
Under the plan of consolidation the stock of the Citizens' RB. was
committee consisting of Bitot Wadsworth and Owen D. Young of Bos- exchanged for Indianapolis .Street Ry. securities, but the bonds of the
Citizens' stockholders got a
ton. whereby all outstanding securities will be taken up with an author- Citizens' RR. remained undisturbed.
ized l-sue of $1,000,000 common stock, $75,000 preferred stock and an $1,000 4 p. c. gen. mtg. bond of the Indianapolis Street KR. and $200
insue
of
Street
RR.
stock
every
of $1,250,000
for
20 shares of Citizens' stook.
authorized
5 per cent 25-year gold bonds, of in Indianapolis
which $750,000 will be outstanding. See V. 71, p. 437. The Houston As to the three-cent- fare case, whi ch the U.S. Court of Appeals decided
Citizens'
included,
of
the
Co.
in
Dec,
Electric
is
see Supplement of Nov.,
favor
1897,
Heights
In
1898. and V. 64, p. 842, 1180; V. 65, p. 51, 181, 1172
Securities of the old Houston Electric Street Ry. were:
The company guarantees, principal and interest, the <$400,000>
Date. Interest. Oulstand'g Maturity.
BONDS—
bonds of the Broad Ripple Traction Co., of which company it owns 76
7
$137,100 mat. J uly
„
J 1, 99
Hmmtnn Lity
Tltv street
Street Ky....
Rr
\
per cent of the capital stock.
Houston
^ Amer Loan & TruHt Cq
n y ^ trU8 tc ^
Date. Interest. Outstanding. Dividends, ctoBONDS—
STOCK
Houston City 8treet Ry. scrip and coupons.. .. $81,400
$5,000,000
1
1896 5 g. M-S $740,000 Sept. 1,1921 Capital stock ($100)
Street,
M., ) 1899 4 g. J - J
.\500.tOO
July 1, 1933
Subject to all at 105 after 1916 Indianapolis
Con. M., s. f., $1,000,000
gold
Interest
Guar.
Trust & Safe Dep. Co.,
($!,->
at
$6,000,000
gold ($500)
c'f Interest at International Trust Co., Bos
c*
Phila.,
trustee.
000)
) ton, consol. mort. liustee.
5 g. M-N
4,000,000 May 1, 1933'
Citizens' St. Ry. consol. ) 1893
1896 6 p. o.
Income mort
$775,000
1917
M. $4,000,000 gold, .c' Trustee Solicitors' Loan & Trust Co. of Phila.
ROAD Comprises 35 miles of track.
Interest due May and November on Citizens' consols of 1893 1s
REPORT— Earning* for years ending Dec. 31 of Houston Elec. St. Ry. payable at Fourth street National Rank, Philadelphia.
Gross.
Net.
Other inc. Int. de lax.
The mortgage of 1 899 was for $7,000,000, $1,000,000 being reserved
Hal., sur.
$81.*; r.%
$241,001
1900
to take up the $300,000 lsts due July, 1901, and the $700,000 2ds due
217,987
June 1, 1900, of the old Citizens' 8tre« t road, but no bonds reserved
1899
78.302
202,620
62,046
2,218
1898
56,439
7,825 for the $3,000,000 Citizens' consols. The $700,000 2ds, however.
then be 20 miles.
Officers-— President, F. J. Bawden, Houghton. Mich.; Vice-Pres.,
Wm. O. Chapman, Boston Treasurer, Henry B. Sawyer, Boston;
Secretary, E. Wadsworth, Boi-ton.
;
HOUSTON, TEXAS.
HOUSTON ELECTRIC COMPANY.
&
I
—
<
<,
—
,
STREET RAILWAYS.
were in June, 1900, taken up by the issue of additional Citizens'
oonsols, and the $300,000|Citizens' St. Ry. lsts were taken up in the
same way on July 1. Accordingly $1,000,000 of the Indianapolis St.
Ry. 4s reserved have been canceled.
45
year ending June 30, 1901, gross, $104,552;
65; balance, detioit, $4,025.
President, Edward G. Wyckoff; Vioe-President, R. O. Carpenter;
Secretary and Treasurer, Chas. G. Hoyt, all of Ithaoa.— V. 72, p. 988.
Earnings— For
fiscal
net, $20,740; interest
8took and bonds are listed on the Philadelphia Stock Exchange.—
V. 69, p. 851.
Road— In Jan., 1901, operated 123 miles of track, with 280 motor
JACKSON, MICH.
oars.
Earnings— For 11 months
Gross
Operating
receipts.
expenses.
$982,371
$506,001
May
1899, to April 1, 1900:
Int. on bonds,
Taxes,
Net
1-99.
earninqs.
11 months.
$476,370
$330,000
$69,830
MoGowan, Indianap$76,540
OFFICERS.— President and Gen'l Mgr., Hugh J.
First Vice-Prest., J. A. Leinose; Second Vice-Prest.. Jas. M.
Jones; Third Vice-Prest Joseph S.Nefl". Philadelphia; Fourth VicePrest., George Brown; Secretary, Henrv Jamesou Treasurer and Assistant Secretary. W. F. MilhoUand.-V. 70, p. 791, 945; V. 71, p. 287;
olis;
,
;
V. 73, p. 138, 184.
GREENFIELD RAPID
INDIANAPOLIS &
TRANSIT.— A trolley road.
Organization— Incorporated in Indiana in 1899. Franchises 50
years in Marion County, perpetual in Hancook County and 30 years
in city of Greenfield. Serves a population of about 182,000.
Is
planning extensions.
Date.
Interest.
Outstand'g.
Maturity.
Stock
BONDS—
&
$400,000
Stock. $400,000
latmorte^e <MOO 000 (
a
8
J-J
300,000 Jan. 1,1929
"atSavlngs
5
& Trust Co. .Trustee, Cleveland,
g.
Int.
«"s
c
^
or at Nat. Bank of Republic, New York City
Bonds— Beginning Oct. 1, 1904, $12,500 is payable yearly, to a
sinking fund, with which bonds beginning with No. 1 will be purchased at 105 and acorued interest
Denison, Prior & Co. of Boston
and Cleveland offered the bonds for sale.
Under contract with the stockholders, a majority of the shares of the
oompany have been deposited with the trustee to insure proper man/*??win7( ".fnin
iija.vw),
goia
'
Population 1900 was 25,180; in 1890 was 20,798;
and in 1880 was 16,105.
3,
Balance.
surplus.
DETROIT & CHICAGO TRACTION
miles of track, extending from Greenfield to
Irvington, where it connects with the Indianapolis Street Ry., over
whose track it operates within Indianpolis, receiving from the latter
two-tlfths of the fares within the city.
70-lb. T rail used. Owns
seven passenger and express cars and one work car.
Earnings— For period from June 17, 1900, to June 30, 1901 (while
operations were incomplete): Gross, $68,317; net, $30,464; interest,
$15,000; surplus, $15,464.
OFFICERS - President, F. G. Banker; Sec. and Mgr., L. E. MoDonald.
-V. 70, p. 583; V. 71, p. 1167; V, 72, p. 44; V. 73, p. 184.
IRONDEQUOIT,
N. Y.
Organization.— Incorporated in Michigan in Feb., 1901, with au
thorized capital stock (par $100) of $4,000,000 (which will event
ually be increased to $10,000,000). In 1901, $3,250,000 was issued
to complete construction of an electrio road from Detroit to
Battle Creek, a distance of 120 miles, and to take over the Jackson
Street Ry., which was purchased by W. A. Boland at foreclosure on
Sept. 13, 1900, and reorganized as the Jackson & Suburban Electrio
Traction, and also the Detroit Plymouth & Northville Ry. recently
purchased by him for about $325,000; this latter road owned and
operated 15*i miles of track in Wayne County, running through to
Detroit. The Detroit & Chicago Traction lately entered into a oon
tract with the Detroit United Ry. for trackage into Detroit. Road Is
ultimately to be extended to Chicago. The piece of 72 miles from
Jackson to Detroit will be completed and in operation by the spring of
1902. The western extension of 40 miles from Jackson to Battle Creek
was under construction on Nov. 1, 1^01, contract for same being let
to the Railways Company General of Philadelphia; to be completed by
Jan. 1, 1902. The entire system, extending irom Detroit to Chicago,
covers about 275 miles of road.
Officers —President, W. A. Boland, New York; Vice-President, P.
H. Flynn, New York; Secretary, W. A. Foote, Jackson, Mich.; Treasurer, F. C. Cocheu, New York.— V. 72, p. 241.
JACKSONVILLE,
Population 1900 was 15,078;
was
in 1890
10,927.
Organization— Chartered Feb.
Date.
STOCK & BONDS—
Interest.
trolley
and
steam road.
Organization— Incorporated on January 30, 1900, as a successor of
the Rochester & Irondequoit RR. and the Rochester & Lake Ontario
Ry. Co. The branoh running from Rochester to Summerville is leased
to the Rochester Railway Co.
Interest. Outstand'g. Maturity.
Bate.
Stock
Bonds—
Stock, com., $70,000 ($100)
$70,000
Pf.,5p. c.cum. ($35o,000)$100
350,000
(See text) July 1, 1930
( 1900 5 S A-O.
000)
1st mtee
$450
000 t*
(<B1
1 ' 00
g
") ) int. at Rochester Tr. & Safe Dep. Co.,
* 4DU ' UUU
JnM
guiu...
i/_
/Trustee.
&
ILL.
was
12,935,
and
in
1880
JACKSONVILLE RAILWAY-A trolley road.
25, 1867.
Special perpetual charter.
Outstanding.
Maturity.
$33,450 f. p
Stock $50,000, par $50
Jan. 1, 1912
35,000
1st mort., $75,000, gold.. 1892 6 g J - J
Trustee is St. Louis Trust Co., of St. Louis, Mo. The bonds are not
subject to call before maturity.
Road— Owns 5 miles of track.
Officers— President, Wm. S. Hook; Secretary, Marcus Hook; Treat,
urer, Francis Hook; Supt., Edward B. Kink.
Population 1900 was 2,863; in 1890 was 2,415;
AND IN 1880WAS 1,986.
ROCHESTER & SUBURBAN RY.-A
CO. -A
trolley road.
agement.
Road— Owns about 17 ^
and taxes, $24.
JAMESTOWN,
N. Y.
Population 1900 was 22,892; in 1890 was 16,038, and
1880 was 9,357.
JAMESTOWN STREET RAILWAY-A
in
trolley
road.
—
Organization Incorporated Oct. 18, 1883. Franchise runs till 1982.
Population served said to be upward of 28,000.
&
Loans June 30, 1900
$353,471
Bonds— Bonds are issued and are held by the trustee as security for
Interest. Outstanding. Maturity.
Date.
BONDS
STOCK
Stock ($250,000) par $50
$250,000
1st M. $300,000 gold, c*< 1893
6gJ-J
300,000 Jan. 2, 1923
(Interest payable at State Trust Co., Trustee.
$1,000
Bills payable June 30, 1901
$217,328
Open accounts
230,788
The mortgage is limited to $300,000 and covers all property and
loans.
rights
•
.'
No sinking fund.
Road— o wn s from Rochester
Sea Breeze, 604 miles, and from
Rochester to Summerville 9 miles; a total of 15 04 miles.
OFFICERS— President, George W. Archer; Vice-Prest., Frederick
to
now owned or hereafter acquired.
Earnings— For fiscal year ending June
30:
-
Cook; Secretary, Cbas. A. Williams; Treasurer, F. P. Allen,
Rochester.— V. 70, p. 231; V. 71, p. 699.
all of
Year.
Other Inc.
Net,
Gross.
1901. ...$109, 013
Inc.
A
taxes.
Bed., sur
$29,274
$14,704
1900.... 103,477
29,550
13,394
Road—Owns 21'10 miles of track, of which 5 miles is second track.
OFFICERS President, A. N. Broadhead Vice-President, Robert N.
Marion; Secretary, W. S. Cameron; Treasurer, S. B. Broadhead.
Superintendent and Purchasing Agent, G. E. Maltby; allot Jamestown,
$42,276
41,034
$1,702
1,910
;
IRONWOOD, MICH.
Population 1900 was
9,705; in 1890
was
7,745.
TWIN CITY GENERAL ELECTRICStock
&
BONDS -
Dale.
Stock
Mort*a*ft
<ftl25000
mortgage, sj.ij&,ooo
Interest.
$400,000
6J-D 125,000
1913
$
Unt. at Old Colony Tr. Co., Boston, trustee.
Road—Owns 7>3 miles of tracK.
Earnings— For year ending Nov.
30, 1898, gross
from
lights, $49,-
000; from railway, $14,800; total, $63,800; net after paying interest,
etc., $12,319.
In 1896-7, total gross, $62,320.
Officers— President and General Manager, E. D. Nelson; VicePresident, H. M. Byllesby; Secretary and Treasurer, H. F. Jahn.
ITHACA,
N. Y.
ITHACA STREET RAILWAY-
Organization— Chartered Nov. 18, 1884. Changed ownership about
May 1, 1892, and property reconstructed. Leased the Cayuga Lake
Electric Railway in June, 1894, for 49 years upon the terms that it
shall pay principal and interest of the leased road's $25,000 first
mortgage. Owns 6 miles and operates 7'5 miles of track, extending to Cornell University campus, railroad stations, steamboat landing
and Cornell Heights. Road has a contract for power operative atter
July 1, 1901, which is expected to place it on a permanent dividendpaying basis.
Stock
& BONDS—
Date.
Interest.
Outstand'g.
Maturity.
$325,000
See text.
1892
6J-J
175,000 July 1, 1922
< Int. payable at Farm. L.&T. Co., N. Y. City.
2d mortgage
1894
6J-J
$75,000 July 1, 1922
3d mort.. $325,000 ($100) < 1901 6 g. J - J
50,000 July 1, 1922
g°ld
o* (Int. payable at Ithaca Trust Co trustee.
CayugaL. Elec.lstM.,gu.. 1894
6J-D
25,000 Junel.1922
Dividends.— In July, 1895, 3 per cent; in April, 1896, 3 p. c; 1896-72M per cent; in 1897-8, 2^ per cent; in 1898-99, 1899-1900 and 1900-
lstmortgage
Population 1900 was 13,185; in 1890 was 10,836, and
was
in 1880
9,018.
JANESVILLE STREET RY.-A trolley road.
Organization—Chartered in 1886. Franchise runs till 1916 and
gives exclusive rights to operate street railway in the city.
Mis. Date. Interest. Outstand'g. Maturity.
STOCK
BONDS—
Stock, par $100
$50,000f.p
lstmortgage
6
1892
75,000
Oct. 1, 1912
Mortgage trustee is the Finance Company, Philadelphia, Pa.
Road— Owns 6 miles of track. Rail, 35-lb. T.
Officers—President, G. W. Blabon, Philadelphia, Pa.; Vlce-Pree. s
James Shearer Sec. and Treas.. E. L. Blabon.
&
6A-0
;
Population in 1900 was 13,136, in 1890 was 11,079 and in
1880 was 9,105.
Stock, $32o,000,pr.$l 00
JANESVILLE, WIS.
Outstand'g. Maturity.
JEFFERSONVILLE CITY,
IND.
Population 1900 was 10,774; in 1890 was 10,666,
AND in 1880 was 9,357.
JEFFERSONVILLE CITY RAILWAYOrganization— Incorporated January 14. 1889. Sold in foreclosure
Edward Howard for $8,200.
in August, 1896, to
ROAD— Operated
5 miles of track with mules, but in Nov., 18d9,
It
was decided to change to electricity. Office, 57-59 Spring St.
OFFICERS—President, E. J. Howard; Superintendent, E. Frazer.
•
<
,
i
1901, none.
Bonds Of the new 3d mtge. $300,000 were authorized on the property of the Ithaca St. Ry. and $25,000 on the Cayuga Lake Elect. Ry.
The Ithaca Street Kailway Company owns and holds in its treasury,
the entire stock of Brush-Swan Electric Light Co. (capital, $50,000).
The bonds of the Ithaca Street Railway Co. cover the same.
JERSEY
CITY, N.
J.
Population 1900 was 206,433; in 1890 was 163,003;
AND IN 1880 WAS 120,722.
NORTH
JERSEY STREET RAILWAYcontrolled
the Shanley- Young syndicate, which
Is
also controls
by
the Jersey City Hoboken & Paterson Railway, the two together owning
practically all the trolley roads in the northern part of New Jersey.
The Elizabeth Plainfield & Cent. New Jersey is an allied corporation.
Organization—In January, 1898, the North Jersey Street Railway
absorbed the Newark & South Orange, 18 miles, and in May, 1898,
leased the lines of the Consolidated Traction Co. for 99» years.— V. 66,
p. 664, 955, 1141.
:
STREET
46
Stock
&
000^
$1,000
g.,
Interest. Outstanding.
Miles. Date
Bonds—
Stock, sir-. 000. 000
1st M.,
$15,000,0
$15,000,000
6,500,000
4g. M-N
1898
'Manhattan
£
Last div.
May
1,
RAILWAYS.
etc.
1948
Tru.-t Co., N. Y., trustee.
A: Deposit Co., Trustee, Newark, N. J.
1898, made a mortgage to tuo Manhattan Trust Co..
ae trustee, to secure (15,000,000 50 year gold bonds, bearing 4 per
V. 66, p. 1046. In 1899 the two
cent interest after May 4. l-i l >
mortgages of the Newark A South Orange, aggregating $2,000,000,
haying been paid, were cam eled of record. -V. 68, p. 425.
Road— Owns and operates abou -40 miles of track.
LEARNINGS— For calerdar year company reports as follows
1899.
11)00.
$3,737,003
$3,9;>9,854
Receipts from pa»eeagen
20,502
32,207
Beceipts from other sources
Interest at Fidelity Title
Bonds— In May.
(5)
NEWARK ELECTRIC TRACTION—A trolley road.
PASSAIC &
Organization— Incorporated April 30, 1895, and acquired all the
$1,000,000 stock of the Passaic & Newark Electric Ry. Consolidated
Traction Co. of New Jersey, which operates the road, owns all the
stook and guarantees the bonds.
Date. Interest. Outstand'g.
Maturity.
Stock & BONDS—
Stock., $1,000,000 (par $100)
$1,000,000
lstM.,$l,000.000,guar. p&L < 1897 5
550,000 June 1, 1937
J-D
by Consol. Trao. of N. J... ( Int. at N. J. Title Gu. & Tr., Jersey City.
Road— Owns 10*78 miles of track.
Earnings— Now included in North Jersey Street Railway.
:
$3,992,0*1
earnings
iting
l,i>42,790
90
expenses
Ne- earnings
Leas itr.erestau
$2,049,371
i
all
fixed charges
$3,757,505
1,780,047
$1,977,458
1,890,994
$86,464
<urp'us oarrlod to profit and loss
••"OFFICERS.— I'rosident, Edward F. C. Young; Vice-President, David
Young: secretary, Wilbur F. Johnson; Treasurer. E. N. Hill; Auditor,
E H Hibbs.-V. 66. p. 277. 573, 664, 955. 1046,1141; V. 67, p. 75,
530- V. OS. p. 41. 525. 673; V. 69. p. 233; V. 70, p. 684. 1049, 1095; V.
71, F- 1181, 1-70; V. 73, p. 723, 1189.
(1)
CONSOLIDATED TRACTION OF NEW JERSEY-
in March, 1893, to acquire oontrol of
Jersey. System reaches from Jersey City to
Newark, Orange, Elizabeth, Bloomtield, etc.
On June 1, 1898, the property was taken over by North Jersey Street
By., which assumed all its obligations, under a 999-year lease that
guarantees 2 per cent on the stock for the tirst year, this rate increasing gradually until 4 per cent is reached at the end of eight years, 4
per cent being then guaranteed for the remainder of the lease.— V. 66.
p. 1141.
Dividends under lease will be
Thereafter.
1903-1904,
1905,
1902,
1899-1901,
3 per cent.
2 13 per cent.
3^ per cent. 4 per cent.
2 per cent.
BONDS Jan., '00. Date. Interest. Outstanding. Div s., etc.
Stock
See text
$15,000,000
Stock, all paid in
7,158,000
Underlying bonds— see below
June
15,000,000
1893 5gJ-D
1, 1933
let mortgage, gold
\
$15,000,000 ($1,000) \ Interest at Manhattan Tr. Co., N. Y„ trustee.
The gold bonds of 1893 are free from tax and secured not only by
mortiraire, but also by deposit of $1,000,000 stook of J. C. <fe Bergen
BR. $161,625 stook of Newark Plank Road Co, $6,000,000 stock
Newark Passenger Ry., and $99,100 stock of Jersey City Harrison &
Kearney Railway Co.
Road.— Jan. 1, 1901, there were in operation 190 miles of track,
including:
Stock owned J. C. Har. & K. RR... Stock ownedN. J. Traction Co
Newark Pass'ger Ry. Stock owned. Newark flank Road. Stock ownedPassaic & Newark El. Stock ownedJ. C. & Bergi n RR. -Stock owned.
Stock, debts and mileage of the leased and controlled lines
Funded debt.
Stock
Miles.
New
.
.
None
$500,000
6,000,000
83
504,000
12
1,000,000
41 hi
Jersey City 6t Bergen RR
100.000
Jersey City Harrison & Kearney Ry. 10
162,000
4*5
Newark Plank Road
1,000,000
10%
Passaic & Newark Elec. Trao
4,000 shares
Port Richmond & Bergen Pt. Ferry
New Jersey Traction Co
Newark Passenger Ry
Bapid Transit Street Ry
$5,850,000
500,000
258,000
*
550,000
$18,000 has been paid in.
Earnings— Since lease earnings have been included iu returns of
North Jersey Street Railway.
*
On
Feb., 1899, as a reorganization per
p. 1090). of the Union Traotfon
Co. foreclosed Jan.. '99. V. 68, p. 383. The main route is from Hackp.
127 (see also V. 66.
ensaok (where connection is had with New York via Bergen County
Traction Co.), "Hudson River Line," along the ridge between the
Hackensack and Passaic rivers, through the towns of Hasbrouck
Heights, Woodridge. Carlstadt, East Rutherford, Rutherford, Lyndhurst, Kingsland, to Arlington on the east side, about 18 miles of track;
at Arlington connection is ha i with Newark via North Jersey Traction
Co. In June, 1900, the road was in operation to Woodridge and on
Sept. 1, 1901, completed through to the Essex Street Depot, Hackensack. V. 72, p. 821, 1080.
Date. Interest. Outstanding. Maturity.
STOCK
BONDS—
Stock, 1-700,000 ($50)
(in voting trust)
(1)
1st M., $500,000, gold.... c*
1901
See text
1951
5g.
Bond*- Consist of $450,000 $1,000 bonds and $50,000 $100 bonds,
and were distributed by the reorganization committee on July 1,
1901. The bonds issued in exchange for c«rtficates of deposit under
the plan of reorganization, amounting to about $300,000, do not bear
interest for 18 months from date of issue.
Officers— Pres., W. C. Giles, 41 Wall St.. N. Y.; Vice-Pres., D. W.
Coon; 1'reas., John H. Coon; Sec, J. H. Coon Jr.— V. 68, p. 383; V. 72,
p. 821,1080.
&
JOHNSTOWN,
this
JERSEY CITY & BERGEN RAILROAD—
total track, 41^
Road— Owns from Jersey City to Bergen Point, etc.,
Traction Co., all the stock being
Controlled by Consolidated
deposited as part security for the Traction Co. 1st mortgage.
Maturity.
Interest. Outstand'g.
Dale.
9-rnrK A. Bonds—
$l,000,000f.p
Stock
Jan. 1,1903
258,000
7 J. J.
1st mortgage ($1,000). .0*. 1873
miles.
NEWARK PASSENGER RAILWAY— Electric.
ORGANIZATION— Incorporated June
16, 1890.
On July
29, 1893,
leased to New Jersey Traction for 999 years, and so controlled by the
Consolidated Traction Co. of New Jersey, the N. J. Traction Co. having been leased to the Consol. Traction Co. of N.J. Jan. 2, 1894, for
99v years. Charter said to be perpetual.
Lea c and Rental— Rental under the lease, $105,000 yearly.
Maturity.
Par. Interest. Outstanding.
tiTOCK &. BONDS—
$6,000,000 Own. by C Tr.
$100 Text.
8tockV...7.
Apr. 1.1905
496,500
A-0
„
vNewark
1st M.. f^2<6
Orange &
< g§ | Int at Mannatt an Tr. Co., N. Y. City.
Essex
wi.m
Pass. cons. M
.
|
&»
6
M-N
753,500
Nov.
1,
1905
July 1, 1930
1,000 5 g. J - J
4,600,000
1890, $6,000,000 K...0M Trustee Solicitors Loan & Trust Co.. Phila
The $6,000,000 stock Is all deposited as security for the Consolidated
Traction Co. hrst mortgage.
9 Interest on consol. 5a U payable at First National Bank, Jersey
City; on other bonds at Manhattan Trust Co. of New York. The
consols are guaranteed principal and interest by the Consolidated
Traction Co. of New Jersey, and in February, 1895, the guaranty was
•tamped on the bonds.— V. 59,
Consol. Bonds—(it the $6,000,000 consols, authorized $1,250,000 are
reserved to retire liens.
ROAD— January 1, 1901, aggregated 83 miles of track.
Pabninqs are Included in reports of North -Jersey Street Railway and
are not reported separately- V. 59, p. 969; V. 70, p. 1049.
Newark Pass Ry.
(4j
1st con.
)
and
Organization— In February, 1892, leased
way, and Included with
it
in lease to
New
part of Consolidated Traction system.
stock, besides interest, taxes, etc.
Interest.
C-rrvK Rnwns Ftp. Par.
to
Newark Passenger
Rail-
Jersey Traction, and so foni s
Rental is 11^ per cent on
—
Outstanding. Last div., etc.
See text.
$504,00(5
500,000 Apr. 1,1921
(1,000 5g A-O
let M. $500,000, g..o-> Subject to call at HO&int. anytime after April
Bto^raSSeVcertsT.
.....
11% J-D 30
Interest at office of Fidelity Trust 4
trustee, Newark, N.J.
Dividends of 11% per cent yearly are guaranteed by the Newark
r ai.d New Jersey Traction companies upon the trustees' certificates Issued for stock. Miles of track 1207.
'
;
1901.
;>.],(. -it (Jo.,
1880 was 8,380.
in
JOHNSTOWN PASSENGER RY.-A
trolley road.
In May, moi, Tom L. Johnson sold his stock, consisting of 6,200
sharesout of the total 11,920, to a Johnstown syndicate, who elected
the officers below. In Sept., moi, it was reported that a syndicate
headed by T. C. DuWont of Wilmington had purchased a majority of
the capital stock at $75 for each $50 share. V. 73, p 662.
Dale. Interest. Outstanding.
Maturity.
Stock & Bonds
Text.
Stock, $800,000, par $50
$600,<" O
New con. mtg., $800,000) 1899 4g. J-D 403,000
Deo. 1, 1929
gold ($1,000)
c*5 Int. at Guar. Trust Co., N. Y., Trustee.
Floating debt, May, 1901
$124,000
Bonds Of the con mtge. dated D*o. 1, 1899, $300,000 is reserved to b« issued at rate of $15,000 per mile of new single track
hereafter to be constructed.
Dividends— In 1892,6 per cent; in 1893, July 1,6 p. c; in 1894, July
1. 6 p. c; in 1895, 12 p. c; 1896, 6 p. c; 1897, 6 p. c; 1898, 6 p. 0.; in
1899, 8 p. c; in 1900 (on new stock) 4 p. 0.
Earnings— Year ending Dec. 31, 1900, gross, $187,000; net, $96,000,
Road— Operates 126 miles of road; 19-10 miles of track. An extension from Johnstown to Wiudber of 11 miles was completed on
—
June 1, 1901
Officers— President. Jno B. Hoefgen, Brooklyn Vice-President,
W. R. Thomas; Secretary, S. E. Young, Johnstown: Treasurer, Herman Baumen, Johnstown.— V. 69, p. 541; V. 72, p. 936; V. 73, p. 662.
;
JOLIET, ILL.
JOLIET RAILROAD— For
statement of this road, see
American Railways Co. under Philadelphia.
KALAMAZOO, MICH.
MICHIGAN TRACTION OF KALAMAZOO
CREEK— Has been acquired by Railways Com-
& BATTLE
pany Geueral.
See statement of the latter under Philadelphia.
KANKAKEE,
Population 1900 was 13/95:
AND in 1«80 was
ILL.
in 1890
5,651.
was
9,025;
KANKAKEE ELECTRIC RY.-A troUey road.
Organization—Chartered Jan. 7, 1891.
Miles. Date. Interest.
Stock & Bonds—
Stock, $60,000 ($100)
Outstand'g.
Maturity.
$50,000
50,000 July 1, 1911
$"• 1891
\ Trustee, the Northern Trust Co., Chicago, IU.
6 J"J
1st mnrt«ra«s
mortgage
ist
Road—Operates
8 miles of track.
OFFICERS— President, E. Cobb; Vice-President, Chas. H.Cobb; Secretary and Treasurer, W. C. Schneider; General Manager, C. H. Cobb.
KANSAS
CITY, MO.
Population 1900 was 163,752; in 1890 was 119,668;
and in 1880 was 55,785.
KANSAS CITY LAWRENCE & TOPEKA.-A
trolley road.
RAPID TRANSIT STREET RAILWAY.
PA.
Population 1900 was 35,936; in 1890 was 21,805;
(2)
(3)
HACKENSACK TRACTION
Organization— Incorporated
plan in V. f7.
&
.
&
.
ORGANIZATION— Incorporated
street railways In
NEWARK
CO. —A trolley road.
•
Organization— Incorporated in Kansas in 1899 to construot an
electric railway from Kansas ity through Lawrence, and the counties
of Leavenworth, Douglas and Shawnee, toTopeha. On Oct. 14, 1^-99,
VV. E. Winner of KmiHan City, purchased the old Lawrence & Emporia
Ry., extending from Lawrence to Orbondale, a distance of 31 miles,
and formerly a part of the Union Pacific system. The rails and part
of the roadbed will be used in the construction of the new road. Construction on the piece from Kansas City to Bonner Springs was began
in Jan., 190 1. In Nov., 1U01, about 16 miles were reported graded.
Date,
Inleretl. OuMavd'g Maturity.
STOCKS AND BONDS—
(
Stock, $2,000.000
*1 "iOO OOO ($1,0001.0
i.t
(<fil OOOl
1st M., $1,500,000
«
$400,000
100,000 Oct.2,1949
5 A-O
Int at Colonlal xruHt Co Trustee.
Officers— President, Henry G. Pert; Treasurer, W. A. Bunker.
M
$
$
1899
2
:
:
STKEET RAILWAYS.
KANSAS CITY &
Missouri on Dec 14, 1900, for 909
years, to construct an electric railway for passengers and freight
The main line will cross the Missouri River at Ktusns City, running
thence northwest to Platte City. Dearborn and St. Joseph, with 50
miles of track. Will be built entirelyon private right ol way, except
through towus and public highways. In November, 1901, 25 miles of
the line, according to an official statement, had been graded. The
road is expeoted to be completed during 1902.
Maturity.
Date. Interest. Outstand'g.
Bonds—
STOCK
See text
Com.stock,$800,000 ($100)
Fr
U K * 700 000 *
See text
&™? £
wm
-
i,5rA',*gold
Y?
S
'
$100(
and Bondt—The
8tock
April, 1931
[See text.
5?- A&O
< 1901
Slnt. at international Tr. Co., Boston, and
at U. 8. Trust Co., Kansas City, trustees.
£
stook and bonds will be Issued from time to
,*™n
*
(
time as required, and whole amounts will
completion of road.
upon
be outstanding
Officers— President, P. A. Gibson, Erie, Pa.; Vice Pres., Chas. E
Gibson, Kansas Citv; Seo. and Treas., R P. McGeeban, Parkville, Mo.
Main office, N. Y. Life £ns. Bldg., Kansas City, Mo.— V. 72, p. 936.
METROPOLITAN STREET RAILWAY-CaWe
and trolley.
Organization— Incorporated July 19, 1886. In Mav, 1894, the
company secured control, by purchase of all the capital stock, of the
Kansas City El. (2058 miles) and assumed the debt of that company.
In like manner it controls Kansas City & Rosedale St. Ry. and South
Suburban St. Ry. In June, 1895. the charters of all the constituent
oompanies were extended to 1925. V. 60, p. 1105; V. 67, p. 634. In
July, 1899, was granted franchises for various new lines, the company
agreeing to pav the city 2 per cent of the cash fares collected from
business originating on these lines. The Central Electric Railway (of
16 miles track), Kansas City, is also controlled, the entire capital stock
($2,5O0,<>00) being owned.
In 190' absorbed by purchase of the entire capital stock the East
Side Electric Ry.; this company has no indebtedness, but will probably be bonded for the amount of purchase price when road is form ally
turned over.— V. 72, p. 775.
In Ootober, 1 898, P. D Armour and Norman B. Ream purchased a
controlling interest in the stock, and In June, 1899, elected their own
board of directors.
The 0-year notes issued in 1901 were taken by Blair & Co. and proceeds will provide means for carrying on the work of improvements
and extensions. V. 71, p. 1311.
.
1
&
Dale. Interest. Outstanding. Maturity.
BONDS—
STOCK
F. $5,586,800 Nov l,'01,l*%
Stock (see above)
756,000 July 1, 1916
Corrigan Con. St. Ry. 1st? 1886 5gJ-J
M. ($1,000) rlrn. at 110. 5 Int. payable at Central Trust Co., N. Y.
1,000,000 Sept. 1, 1909
General mort. ($1,000,000) < 1889 5 g M-S
gold
\ Int. payable at New England Co., Boston.
K. C. Cable 1st M., ext. in) 1887 5g. A-O $1,050,000 Apr. 1, 1911
gold, 1897, guar. p. & 1., > Interest is payable in New York by Blair
)&Co.andin Bostonby New England Tr.Co.
ext in 1901
Summit 8treet M., old)
$300,000 Apr. 1,1911
6s ext. in 1897 and > 1887 5 A-O
again in 1901
)
Grand Avenue Ry. 1st) 1888 5g.J-J10 1,200,000 July 10, 1908
c s Trustee, Central Trust Co.
mortgage, gold
4,191,000 May 1, 1910
Metroplitan St. Ry. con. C 1895 5g. M-N
mortgage,
$8,500,000. < Not subject to call before maturity.
c* (Int. at Old Colony Trust, trustee, Boston
gold
2,80,000 Jan. 2, 1911
Met. St.Ry.10 year g. notes) 1901 5 g. J-J
Mav be called any interest day.
($500,$1,000), conv.into >
stock after Jan. 1, 1903. ) Int. at Blair & Co.. New York.
2,000,000 May 1, 1914
Cent Flee Rv 1st mort f 1899 5 g M-N
«2 Hon ooo f*l OOoXldi Int at Colonial Trust Co., N. Y., trustee.inBonds may be called at 105 on any
OTiar
c*.
® uar
(.tercst day on 30 days' notice.
Kansas City Elevated Ry.
1st M. pref. ($600,000)
1892 6gJ-.I
$600,000 July 1, 1922
gold ($1,000)
c*
1892 4 SJ"J
2,000,000 July 1,1922
l«tM com
<<R2 000 000>(
m
'
Interest at Manhattan Trust Co., New
\
Li* (!j>i.uu(J)
™n7
gold
Q—
-
^
'
£
KEOKUK,
in
&
($100), 7% cum
*i *oo non
l8
York
City.
ParkConnec.Ry.,p.&i.gu
6
Dividends— In 1895, 2 p. c; in 1896, 2*2
p. c;
30,000
in 1897, 2
p.
c.;
in
1898, 2 1* p. c; in 899, 4 p. c; in 1900, 5 p. c; in 1901, Feb., l^p. e.;
May, 1M P c.; Aug., 1*4 p. c; Nov., 14 p. c.
Bonds— Of the new consolidated mortgage for $8,500,000 enough are
reeerved to retire when due the existing bonds of the Corrigan,
Metropolitan, Grand Avenue and Kansas City Cable issues described
in the table above, amounting now to $4,356,000. The Kansas City
Cable and Summit Street mtgs. fell due April 1 1901, hut were extended by endorsement for 10 years.
Kansas City Elevated Ry. 1st M. preference 6s are guaranteed,
principal and interest, by endorsement; ao are the 1st M. oommon 5s
upon which 3 per cent per annum was guaranteed until July, 1895,
and 4 per cent thereafter.
Road— The total mileage, after counting double track as twice single,
Uas follows:
1
POPDLATION 1900 WAS 14,641;
KEOKUK ELECTRIC
Roads owned.
Miles.
(trolley
and cable).. .124 Kan.
.
C.
Elevated Ry.
Central Electric
Miles.
(trolley)
.
Ry
20
16
Total (single)
160
Change of Motive Power- In 1898 the Fifth Street cable line was
converted into a trolley road, and many of the other cable lines have
also since been converted into trolley, including in 1900 the Westport and the Eighteenth Street cable lines.— V. 67, p. 73«. In a newspaper interview in Dec, 1900, President Holmes stated that the cable
represented an investment of more than eleven million dollars,
but that cable traction would be entirely abandoned.
Annual Report.—Fiscal year ends May 31. Gro3s for 1899-1900
(including other income) reported $2,353,267.
The company now
does not make reports. For previous years results have been
Tear ending May 31.
1897-8.
1898-9.
Gross passenger receipts
$2,070,228
$1,922,818
Operating expenses
1,139.604
1,0^4,145
Net income from passengers ..
$930,624
$888,673
Other Income
25,235
27,010
Total net income
$955,859
$915,683
Interest and taxes
586,709
573,880
lines
Net income
Dividends paid
$369,150
(3M6) lOS,?^
$173 61
$341,803
(2%)
1U,736
$230,<
f-6
Assets written off
179,282
114^827
Balance surplus for year
$58,785
$50,784
Officers— Chairman of Board, P. A. Valentine, Chicago President,
W. H Holmes; Vice-President. L. E. James; 8ec. and Treas., W. E. Kirkpatriok; \uditor and Assistant Secretary, J. A. Harder; General Manager, C. F. Holmes.— Y. 65, p. 112, 1115; V. 67, p 479,634,736; V.
68. p. 1226; V. 69, p. 26, 540; V. 70, p. 176, 178; V.71,p. 1220,1270,
Xol Ij V. To, p. 138.
IA.
1890 was 14,101.
in
RY. &
POWER CO-A
trolley road.
Organization.— Incorporated as a consolidation of all the street
railway and electric light interests in Keokuk. Also to operate telephone, electrio light, power, gas and steam-heating plants.
Outstavdi'g.
Interest.
Maturity.
Date.
Stock and BONDS—
$400,000
Stock, $400,000
215,000
July 1, 1925
1900
5 g. J-J
1st mtge., $250,000}
Int. at Royal Trust Co.. Chicago, Trustee.
\
($500), gold
BONDS.— Of the $250,000 gold 5s, $125,000 are due July 1, 1925, the
remaining $125,000 mature in annual instalments varying from
$5,000 to $9,000 yearly on July 1 from 1905 to 1924. inclusive. They
are redeemable at option of the company at 105 and interest after
1905. The $35,000 unissued bonds are reserved for betterments and
extensions.
Earnings— Of the old company before reorganization
Tear.
Net.
Gross.
Tear.
Gross.
Net.
$53,551 $25,200
$27,847 1898-^9
46,416
19,282
$50,912
26,646 1897-98
ROAD-— Owns and operates 7 miles of track and has contract with
city for supplying 146 aro street lights at $60 per light per annum for
1900-01
1899 00
5 years from
May
10, 1901.
OFFICERS.— President, John
E. Craig; Vice-iPresident, J. C. Harbinger; Treasurer, Ed. F. Bronnell; Secretary, H. E. Ambler; Manager,
J. B. Wallace; Supt., Weare Parsons.— V. 69, p. 1148; V. 71, p. 182.
KEYPORT,
Population 1900 was
N.
J.
3,413; in 1890
was
3.411.
JERSEY CENTRAL TRACTION CO.-A trolley
road. This was formerly known as the Keyport & Mattawan Street
RR., but name changed as above in Oct., 1901.
The parties controlling this company also
the Middlesex &
but the corporations
are entirely separate and distinct, and one does not control the other.
Capital stock authorized $50,000; issued $30,000. Bonds, $50,000
(issued $50,000) 5 p. c, gold, dated 1901, due 1931. Colonial Trust
Monmouth
Electric Light,
Heat
& Power
own
Co.,
Co., Philadelphia, Trustee.
1901, was operating 12 miles of road from Keyport
Mattawan and an extension of 8 miles is proposed to South Atnboy
ROAD— In Nov.,
to
and Atlantic Highlands.
Officers,—President, Thos. Hall, Camden; Secretary and Treasurer*
T. H. Paist, Philadelphia
KILLINGLY, CONN.
Population 1900 was 6.835; in 1890 was 7,027;
and in 1880 was 6.929.
PEOPLE'S
TRAMWAY1899CO.—A
trolley road.
in
as a successorto the Putnam
6 Thompson Street Ry. By special act of the Connecticut Legislature has a charter allowingit to own and operate street railways for the
transportation of passengers and property and to acquire and develop
water power; also to own and operate other companies. Franchise
perpetual.
The controlling interests in the People's Tramway also own the
Webster & Worcester, forming together a line from Danielson,
Conn., to Worcester, Mass. V. 72, p. 137.
Date.
Interest. Outstanding.
Maturity.
STOCK AND BONDS
Stock, $400,000 (S100)
$400,000
mtge.
F.
gold.
1st
S.
> 1899
5 g. J-J
600,000
Oct. 2, 1929
($1,000) $600 000
J Int. at Colonial Trust Co., N, Y., trustee.
Bonds.—Redeemable by number at 115 and interest after 1904.
Organization.— Incorporated
—
Sinking Fund.— Beginning 1904 $11 50 per bond is set aside to buy
bonds up to a 4^ per cent basis.
Earnings—For three months ending Sept. 30, 1900 Gross, $22,814;
net before deducting taxes, $13,735.
ROAD.— Owns and operates 28 miles of road connecting Killingly
with Danielson, Dayville, Putnam, Thompson, Grosvenordale and
North Grosvenordale. The large hydraulic power plant of 3,000 H. P.
was completed in March, 1901, but the dam shortly afterw aros broke
down, compelling the company to use its auxiliary steam engines
while repairs are beiug made.
Officers-— President, F. A. Jacobs, Danielson. Conn.; Seo'y and
Treas., H. Hobart Porter, Jr., 31 Nassau St., New York; Gen. Manager
E. N. Sanderson, Putnam, Conn. V. 70, p. 76; V. 72, p. 137, 581.
:
KINGSTON,
,
Main line
47
JOSEPH ELECT RR-
ST.
ORGanization— Incorporated
;
N. Y,
Population 1900 was 24,535; in 1890 was 21,261;
and
in 1880
was
18,344.
KINGSTON CONSOLIDATED RR.-A trolley road'
Organization—This is a consolidation in July. 1901, of the Kingston
City Railroad and the Colonial City Traction. The Kingston City RR.
was chartered June 5, 1879. The Colonial City Traction was organized Jan. 9, 1896, as successor to the Colonial City Electric, sold in
foreclosure Dec. 12, 1895. The Kingston Consolidated is understood
to have issued $400,000 stock and to have authorized an issue of
$750,000 5 per cent bonds. We show below the securities of the constituent companies as they stood before consolidation.
KINGSTON CITT RAILKOAD.
Stock
&
Bonds—
Last div'd, etc.
See text.
$150,000
1879 7 J-J
June 12, 1909
15,000
March 1, 1923
5 M-S
1351000
5 1893
Interest at Farmers' Loan & Trust Co., N. Y.
June 1,1905
10,000
900 5J-D
On demand.
6quar.
6,000
COLONIAL CITT TRACTION
Date. Interest.
Outstand'g.
Stock, $150,000, $100...
1st M., $500 each
Consols, $150,000, $1,000
Not sub.to call bef e mat,
Debentures
Bond and mortgage
&
Date. Interest. Outstanding. Maturity.
STOCK
BONDS—
Stock
$175,000
1st mortgage, gold
1896 5g. M-N
175,000 May 1,1926
2d M. incomes, gold
75,000 May 1,1946
1&96 5g. M-N
Manhattan Trust Co., N. Y., trustee of both mortgages.
Road— Combined roads embrace 12 miles of track. Rails 70 lb. and
801b.
Earnings— Combined roads in year ending June 30, 1900, earned
$103,955 gross and $31,437 net.
Officers— President, Charles M. Preston: Vice-Pres't, C. G. R >el;
Auditor, G. B. Te Bow.— V. 72, p. 184.
KNOXVILLE, TENN.
;
Population 1900 was 32,637;
and in 1880 was
m
1890 was 22,535
9,693.
KNOXVILLE TRACTION COMPANY-A
ley
and
electric light enterprise.
trol-
A
:
:
STREET RAILWAYS.
48
Organization— A consolidation Mar. 30, 1898, of Knoxville Street
RR.. Union Ky., Citizens' Ry. ami West End Street RR all of whose
bonds, mortgage* axd stock have been surrendered and canceled. All
the securities of Knox. Klec. Light A Power Co., a consolidation of all
the light and power companies in Knoxville, are owned by the Traction Company, and pledged as part security for the new bonds below
rlbed.— V.66, p. 709.
Franchise is perpetual and gives " practically exclusive " right to
operate street railways In the city.
*'«'
Maturity.
Interest. Outsland'g.
STOCK
BONDS—
$7i0,000
Stock. $750.000
100
1st M.of 98, #850,000, gold,? $1,000 5g.A&0
850,000 Apr. 1,'38
Int. tit trustee, Bait. Tr. A Gu. Co., Bait.
tax free
Bonds will have sinking fuud of $10,000 yearly after stock pays 5
per oent dividend, bat will uot be subjeot to call. As said above,
mortgage covers the electrlo light and power plants as well as the
30 miles of road.
Road— Owns about 30 miles of trolley road.
Earnings— So late report of earnings. For nine months ending Deo.
31. 189$, gross, $139,736; net, $72,899; charges, $37,130; balance.
$35,709.
Officers— President, Frank S. Hambleton, Baltimore; Vioe-President
and General Manager. O. C. Howell; Secretary, C. II. Harvey; Treasurer, W. S. Shields.— V. 66, p. 709.
,
&
'•
<,
KOKOMO,
IND.
Population 1900 was 10,609; in 1890 was
and in 1880 was 4,042.
KOKOMO RAILWAY
8,261,
& LIGHT CO. -A
trolley
road.
Organization— Successor to the Kokomo City St. Ry. and the CitiPower Co., which were purchased In 18i9 at receiver's
zens' Light
sale and consolidated under the above title.
Bonds— Miles. Date. Interest. Outstanding. Maturity.
Stock
Stock. $80,000 ($100)
$80,000 Feb.,*01,2p.o.
1st Mtge., $100,0001
80.000 Jan. 1, 1919
1899 5g. J-J
c*l
($1,000), g
No sink fund and \ Int. at Union Tr. Co., Detroit, Trustee,
cannot be called. J
Road—Operates 4 2-10 miles of track in Kokomo.
&
&
Dividend— First dividend paid Feb., 1901, 2 p. o.
Officers— President. Fremont Woodruff, Detroit; Vice-President,
L. J. Kirkpatrlek, Kokomo: Secretary and Treasurer, William P.
Stevens, Detroit.— V. 68,
p. 85,
130, 282.
&
Date. Interest. Outstand'g.
Maturity.
Stock
Bonds—
Stock, com. ($50). $1,000,000
$1,000,000
Stock, pref. ($50), 1,000,000
1.000.COO
Mort.. $1,000,000 g., $500, >
1901 5 g. 9-3
750.000 July 1,1951
$1,000
X Interest at Lancaster Tr. Co., trustee.
Securities of lines controlled.
Conestoga Tract, 1st mort
1900 4
J-J 1.077.500 Jan.1,1950
Lancaster City RR., 1st M.g c* < 1890 5g. A-O
160.000 Apr.1,1920
($100 and $500)
\ Trustee, Atlantio Trust Co. New York.
W. B. St. Ry. 1st M., $225,000 $ 1891 5 M-N
225.000 Mayl.1921
$100, $500 and $1,000 .c* I Trustee, Atlantic Trust Co., New York.
Lancaster & Columbia stook...
..
37,500 ln'99-00, 30%
1st mortgage
1893 5 A-O
225.000 Apr. 1, 1923
Edison Elect. Ilium. Co. mort
6
26,000 Apr. 1, 1909
Do
mort
5
do
July 1, 1922
25,0
Do
do
mort
5
249,000 Jan. 1, 1925
Lan. Gas Light & Fuel, mort
6
72 000 Deo. 1, 1911
Do
do
mort
5
228,000 Jan. 1, 1925
ROAD— On June 1, 1901, owned and operated 36-48 miles of road,
leased 2878 miles, a total cf 65-26 mi'ee, including the Lancaster City
Street Ry., 13-55 miles; Lancaster & Columbia, 9-16 miles; Lancaster
& Latitz, 1010 miles; Columbia & Ironville, 359 miles; Columbia &
Donegal, 5-67 miles; Lancaster Mechanicsburg & New Holland, 19 62
miles; Lancaster & Millersville Ry., 3 57 miles, which, together with
the Lanoaster Willow Street Lampeter & Strasburg Ry. of 10 miles
and the Lancast< r & Manheim Ry. of 8 miles, both under construction
and to be leased, make 8326 miles.
Earnings— Of the Conestoga Traction for vear ending Nov. 30, 1900,
gross, $241,000; net, $121,000. In 1899 the Pennsylvania Traction
,
.
earned, gross, $224,109; net, $101,350.
Officers— President, William B. Given, Columbia; Secretary and
Treasurer, Oscar M. Hoffman, Columbia; Gen. Supt., Frank S. Given.
INDEX— V. 66, p. 83; V. 67, p. 1208; V. 69, p. 131, 1063; V. 70, p. 175;
V. 72, p. 241, 581; V. 73, p. 236.
(1)
LANCASTER MECHANICS BURG & NEW HOLLAND RY.—
trolley road.
in 1899. Extends from Lancaster to
complttedin Jan., 1901. Isleased to ConesCapital stock, $300,000. Stock is not owned by lessee.
Organization— Incorporated
New Holland, 1962 miles;
toga Traction.
No bonds.
LANCASTER & MT. JOY ELECTRIC RY.—To be a trolley road
Organization.— Incorporated to build an electric road of 10 miles
from Lanoaster through Landisville, Salunga, Mt. Joy and Florin.
(2)
Rights of way are beiug seoured. Capital was in Aug., 1901, increased
to $400,000.
Ri ad is to be leased for 999 years to the Conestoga
Traction at an annual rental of 6 per cent on the same. No funded
debt. V. 73, p. 236.
LEAVENWORTH, KAN.
LACONIA,
Population 1900 was 20,735; in 1890 was 19,768,
and in 1880 was 16,546.
N. H.
Population 1900 was 8,042; in 1890 was
and in 1880 was 3,790.
KANSAS CITY-LEAVENWORTH RY-Trolley
6,143,
LACONIA STREET RAILWAYOrganization— Successor to the Laconia & Lakeport St. Ry.ln 1894.
Dale. Interest. Outsland'g.
Last Div.
Stock Etc.—
,
Stock, $100,000 (par $50)
authorized $91,000...
$91 000
Bonds authorized,
\
^
1899
5
M"N
Am
$100,000
91.000
4%. '94-95
1, 1919
May
at
Loan & T r. Co., Boston.
c; in 1894-95 paid 4 p. o.
Road— Owns 9 miles of track. In 1899 the road was extended to
Weirs, 4 miles, and the entire system equipped with electricity.
Earnings— For years ending Dec. 31
1900.
1899.
1900.
1899.
Gross
$26,027 $21,424 Interest
4,394
$2,227
Net
2,843
3,206 Bal. for year... def.l, 551 sur. 979
Officers— Pres., H. L. Pierce; Treas, and Sec, Edmund Little.
DIVIDENDS— In 1893-94 paid
}
5.
Organization.— Chartered in Sept., 1901, in Kansas, to consolidate
the Kansas City & Leavenworth Traction, the L> avenworth Electric
RR., the Ka' sas CltyLeavenworth Ry., the Leavenworth <& Lansing
Railway and the Kensington Railway. There will be issued a mortgage to provide for the redemption of outstanding securities and for
extensions. In Aug., 1901, the Kansas City-Leavenworth Ry., under
the laws of Missouri, organized, a new company, known as the Inter
state & Leavenworth Ry., with$500,000 capital, to build a line through
Kansas City, Kan., and into Kansas City, Mo.
STOCK
& Bonds—
Miles.
Date.
Interest.
Outsland'g. Maturity.
8'k$3,750,000,par$100
(?)
Leav.Elec.RR.lstM.for $ 1313 1894 6g. A-O
1924
250,000
$300,000 g., no op..o. \ Int'st at Atlantic Trust Co., trustee, N. Y. City
Leav. & Lan. Ry.lst M.
45.0<>0
Kensington Ry. IstM.
50,000
Road, Etc.— Owns and operates 35^ miles of track, of which 14>«
miles run in and around the oity of Leavenworth, and 21 miles between Kannas City and Leavenworth. Several large extensions are
also proposed.
OFFICERS-— Pres., D. H. Kimberly.of Cleveland; 1st Vice-Pres., W. H.
Gabriel; 2d Vice-Pres., H. C. Ellison; Treas., CO. Evarts, of Cleveland;
Secretary, Herbert W. Wolcott, Leavenworth, Kan.— V. 70, p. 125; V.
73, p. 494.
LA CROSSE, WIS.
Population 1900 was 28,895; in 1890 WAS 25,090,
and in 1880 was 14,505.
LACROSSE CITY RAILWAYOrganization—Chartered Nov.
Dale.
Stock & Bonds—
*$00* 2.™: m0).: P * T.\
17, 1885. Franchise runs till 1938.
Rale.
Outsland'g.
Last div. .elf
See below.
.
$200,000 f.
132,000
p.
In
j
^°»
1893
1st mor^V $175,000; >
6g. J
Jan.l,19i8
gold, $1,000
Subject to call Jan. 1,1903.
s
Interest at Northern Trust Co., trustee, Chicago, 111.
Dividends— For 1892, 7 per cent; 1893, none; 1894, 7 per cent; 1898,
7 per eent; 1899, 7 per cent; 1900, 5 per cent.
Road— Owns 11-91 miles in city of Lacrosse.
Officers— President, B. E. Edwards; Vice-President, W. W. Cargill;
Secretary, H. E. West Treasurer. R. C. Whelpley.
- J
;
LAFAYETTE,
STOCK
& BONDS—
8tock (common), per $50
do preferred,.
1st mort. ($1,000 each)..
)
1893
6,
J
&D
Outstanding.
Maturity.
$260,050
40,000
225,000 June
1,
1913
c'i
Int. at Real Estate Tr. Co., Phila., trustee.
Owns 17^8 miles standard-gauge road.
Officers— Pres.. Warren G. Griffith, Philadelphia; Sec. and Treas.,
J.T. Henderson, Lafayette.
$225,000
LANCASTER, PA.
Population
in
1900 was 41.459; in 1890 was 32,011,
UTD in 1880 was 25,769.
LANCASTER COUNTY
RY. & LIGHT-
New Jersey. Has purthe Coneatojra Traction, the Lancaster Gas
the Lancaster St Ky. Co. and the Edison E ectric
Co., which stocks are placed under the new mortgage
of 1901. In AUKUit. lliul, leased the Lancaster & Mt. Joy Electric
Hallway for 999 years at an annual rental of 6 per cent on its oapital
-took. V. 73, p. 236.
OrGan'Zation— Incorporated
chased all tli'
Light <fe
Light & Illurn.
<»f
in
1901 in
St.
LEWISTON, ME.
Population 1900 was 23.761; in 1890 was 21,701,
and in 1880 was 19,083.
LEWISTON BRUNSWICK & BATH
LAFAYETTE STREET RY--A trolley road.
Interest.
LEOMINSTER, MASS.
LEOMINSTER
& CLINTON STREET RAIL"W AY— See Worcester Consolidated Ry.
RY.
ST.
- A trolley road.
ORGANIZATION-Organizedin 1897 and purchased the Brunswiok 4
Topsham Rv., 3^ inues; also purchased the Brunswick RR.. and in
August, 1898, the Lewlston & Auburn RR., subjeot to $85,000 first
IND.
Population 1900 was 18,116; in 1890 was 16,243,
AHD in 1880 was 14,860.
Dale.
LEBANON, PA.
LEBANON & ANNVILLE ST. RY.-For statement
see "United Power & Transportation," under Philadelphia.
mortgage bonds; also has leased the Bath Street Ry.,4 1^ miles, for 999
years, from July 1, 1898, at 4 p. c. on $100,000 stock.
Date. Interest. Outsland'g. Maturity.
Bonds—
Stock
$500,000
Stock, $500,0( 0; par, $100
1898 5g.M-S
778,000 'Mar',1918
1st mort., $1,000,000, gold....
&
Underlying securities—
Bath Street Ry—
8tk.au. $300,000, par $100
$100,000
Div., 4%
70,000 July 1 1913
Subject to call after July 1, 1898.
85,000 June 1, 1911
Lewiston & Auburn RR. IstM. 1891 5 J-D
Of the $1,000,000 new 5 per cent bonds of 1898 $155,000 are held
In trust to retire the underlying bonds, $67,000 to purchase Bath
Street Ry. stock and $778,000 were delivered for corporate purposes.
ROAD— Comprises 67 miles, connecting Bath with Brunswick, Lewiston, Auburn, Turner, Sabattus, &c.
EARNINGS -Year ending June 30, 1901: Gross, $211,727; net, $59,059; income fro n pleasure resorts, $8,021; gross Income, $67,080; Interest, taxes and rentals. $53,998; pleasure recorts, $26,355; delloit,
$13,273. In 1900, gross, $222,364; net, $54,774.
OFFICERS— President. H. M. Heath, Augusta, Me.; Vice-Pres., T. L.
Peters, New York City; Treas. and Gen Mgr., M. I. Masson, Brunswick, Me. General Office, Brunswick, Me.— V. 66, p. 1001 V. 67, p.
1st mort., $300,000, gold...
c*
$1,000
5
1893
4 J-J
J-J
5g.
,
1
;
481, 634.
;
STREET RAILWAYS.
LEXINGTON, KY.
in 1890 was 21,567;
16,656.
A trolley road.
Organization— Organized Feb. 11, 1899, as a consolidation of the
Belt Electric Line, the Passenger & Belt Ry. (formerly leased), the HerStorage Co. Charter
cules Ice Co. and the Lexington Ice Manuf.
perpetual. New management assumed charge on May 13, 1899.
Embraces all the street railways of Loxington, together with Ice
factories; also operates all the city electric light and power business.
Population- 1900
and
was 26,3f9;
in 1880 was
LEXINGTON RAILWAY.—
&
Combination arranged by a syndicate represented by John L. Williams
& Sons, of Richmond, and Middendorf, Oliver & Co., of Baltimore.
Stock & Bonds— The new company tiled amended articles of incorporation in July, 1899, increasing the stook from $1,000,000 to
$1,500,000. Under the terms of the new mortgage a sinking fund is
provided which retires the whole issue of bonds at maturity.
Miles. Dale. Interest. Outstand'g.
Maturity.
8tk,$l,500,000<$100)
$800,000
1891 6 g. A-O
138,000 Apr, 1, 1916
Pas'ger&Belt. IstM. ) 13
$200,000, ($1,000) S Int. at Ainer. Tr. & Sav'gs Bk., Chicago, trustee.
1899 5 g. J-D $737,000 June 1,1949
New M., $l,f> 00,000,? ..
g.($l,000)$l,000o* S Continental Trust Co., Baltimore, trustee.
Road— Operates 14Mi miles of track on 10 miles of street. Track,
standard gauge, 50-60-lb. T rails; owns 44 cars.
Gross, $233,378; net,
Earnings— For 12 months to April 30, 1901
$92,484; interest and taxes, $50,031; surplus, $42,453.
Officers— President, R. Lancaster Williams, Richmond; Vice-President, George W. Darnall; Treasurer, R. P. Stoll; See., T. D. Murray;
Gen. Man., E. C. Hathaway.— V. 68, p. 380, 977, 1077; V. 69, p. 229,
283, 743.
49
Bonds— Firsts, Nos. 1 to 300, redeemable after 10 years from their
date at par, but redeemable be/ore 10 years at 102; balance are 20year straight.
ROAD— Operates 20 miles of track.
OFFICERS— President and General Manager, James A. Woodson;
Vice-Prest., Oscar Davis; Secretary, G. B. Rose; Treasarer, Charles F.
Penzel, all of Little Rock, Ark.— V. 60, p. 1009; V. 70, p. 945, 1095; V.
71, p. 342; V. 73, p. 784.
LOCK HAVEN,
PA.
Population 1900 was 7,210; in 1890 was 7,358; and
1880 was 5,845.
TRACTION-A
SUSQUEHANNA
company
organized
was
Organization—This
to the Lock Haven Traction, which was sold
1899.
in
trolley road.
1900 as successor
at foreclosure in March,
in
—
&
Outstanding.
Maturity.
Date.
Interest.
BONDS
Stock
$200,000
Stock, $20.»,000 (*50)
100.000
May 1, 1930
5 g. M-N
1st intge $100,000.. < 1900
c*( Int atProvident Life &Tr. Co., Phila., trust.
gold, $500
ROAD— Owns and operates 6 miles of track.
Officers— Pres. and Treas., Jacob Scott; Manager, Frank Andes,
both of Lock Haven.— V. 70, p. 633, 947.
,
:
LIMA,
LOGANSPORT,
LOGANSPORT ROCHESTER & NORTHERN
TRACTION-— A trolley road.
N. Y.
Population 1900 was 949; in 1890 was
and in 1880 was 1,878.
1,003,
LIMA-HONEOYE ELECTRIC LIGHT & RR.
— A trolley road.
Organization .—Incorporated in July, 1899. to build an electrlo
road from Logansport, Ind., in a northeasterly direction, through the
towns ft Mentone, Warsaw, Wawasee, Albion, Brimtteld to Kendallville,
Owns
a 4!a-mile road over private right of way between the villages
Lima and Honeoye Falls. Also operates an electric-light plant,
which supplies light to the villages of Lima and Honeoye. In Jan.,
1899, C. B. Hill of Buffalo was appointed receiver and road has been
sold in foreclosure. On Nov. 1, 1901, property was still in process of
reorganization, but details not quite settled.
LIMA, OHIO.
Population 1900 was 21,723; in 1890 was 15,981; and in
1880 was 7,567.
for steam roads.
LIMA ELECTRIC RAILWAY & LIGHT-A
Organization—The oompany is a consolidation completed Aug. 1,
1900, of the Lima Ry. (incorporated Nov 5, 1896,) and the Lima
Electric Light
Power Co., the only companies engaged in these lines
<fe
In Lima. Railway franchises run until 1917 to 1922. Lighting franchises perpetual.
Date. Interest. Oxdstand'g.
Maturity.
STOCK
BONDS—
Stock, $500,000 (par $100)
$500,000
"
1896
Dec.
5 S J D
200,000
1, 1916
Lima Rv 1st mort <B200-( Int at Dime
8av - & Bk ? Co - Cleveland,
p* \
oon ^oi,i
i* >oV"
ooo,
gold, cfrijuu)
c
trustee; also at Fourth Nat. Bk., N. Y.
^
Lima Elect. Lt. & Pow. g. ) 1900 5 g. J-D
85,000 June 1, 1917
1st M., $85,000 ($l,000)o- S Int. at Cleve. Trust Co., Cleve., Trustee.
Lt. gold, c* ) 1900 5 g. J-J
L. Elect. Ry.
215,000 July 1,1916
l8tcon.M.|riOO,000($500) $ Int. at Cleve. Tr. Co., Cltve., Trustee.
BONDS— Of the new eon. mortgage gold 5s $285,000 are reserved to
retire the two above prior liens. The Lima Ry. bonds may be called in
1907 at par, on 4 weeks notice, and the Lima Elect. Lt. & Power bonds
may be called on any interest day on 30 days notice.
&
m
&
Road —Owns and operates ll^ miles of track.
Report— Lima Ry. earnings for year ending
Oct. 31, 1899, gross,
$47,285; net, $17,746. Electric Light Co. earnings for calendar year
Total of two years, $101,805; net,
fross, $54,520; net, $15,716.
33,462. Earnings for 1900 not reported because of difficulty of sep-
arating construction outlays from expenses.
OFFICERS— President and General Manager, Jos. B. Mayer! VicePresident, H. St. C. Denny; Secretary and Treasurer, H. P. Bissell, all
-•f Buffalo, N.
V. 62, p. 502; V. 71, p. 29, 342.
Y—
LINCOLN, NEB.
Organization—Successor in January, 1898, to Lincoln Street Ry.
foreclosed Dec. 17, 1897, and reorganized per plan in V. 65, p. 277.
Date.
Interest.
Outstand'g.
Maturity.
STOCK
BONDS—
$365,000
700,000
5p.c.
1899
Jan. 1, 1920
250,000
5g. J-J
$250,000 auth.
Lnt. at N. Y. Security & Trust Co. , Trustee.
c* 5
1900.
1899.
1898.
Earnings— Calendar year:
Gross earnings
$114,412
$163,634
$132,996
Operating exp. and reconstruo..
147,931
127,388
93,887
. . .
Net
sur.
$36,246 def.$14,935
$18,525
ROAD— Owns about 40 miles of track.
OFFICERS— (Jan 1901): President, M. L. Scudder ; Vice-President,
Wm. Belcher; Sec'y and Treas'r, F. H. Carter, 32 Liberty St., N. Y.—V.
66, p. 82, 134, 336; V. 72, p. 1136.
,
LITTLE ROCK, ARK.
Population
19<
and
was 38,307; in 1890
in 1880 was 13.138.
was 25,874
LITTLE ROCK TRACTION & ELECTRICOrganization— Incorporated 1895; controls all street rail ways inoity.
In June, 1900. local parties, headed by Ex-Mayor J as. A. Woodson,
new officers as below. V. 70, p. 945. 1095. On Sept 28, 1901,
was granted a new 50-year franchise, which provides for 9 miles of
extensions within 2 years and the equipment of the system with new
elected
cars. For lurther particulars regarding
city see V. 73, p. 784.
&
Bonos—
„ Stock
Stock, $500,000: par $100
1st mort.bonds,$350.000,g.
(see text), $1,000 each. c*
Date.
terms and percent paid the
Interest.
Outstand'g.
Date.
Maturity.
$500,000
< 1895
300,000 June 1, 1915
6 g. J-D
{ Interest at St. Louis Trust Co., trustee.
2dM.,$300,000,g.($l,000)$ 1895 6 g. J-D
300,000 June 1, 1915
red. after 5 years at 104 ( Old Colony Trust, Boston, trustee.
Interest.
LONG BRANCH,
was
in 1880
3,833.
ATLANTIC COAST ELECTRIC
RR.-Trolley.
Organization—Incorporated in May, 1895. Leases the Seashore
Electrio Railway of Asbury Park for 50 years at $10,000 per year and
owns $150,000 of the $200,000 total capital stock of latter company
(making net rental $2,500) and owns all of the stock of the West End
& Long Branch RR. and of the Asbury Park & Sea Girt RR. Also owns
entire stock of the Atlantio Coast Electrio Light Co., which supplies
the electric lights of Asbury Park, Darlington, Allenhurst, Belmar,
Ocean Beach, Como and Spring Lake.
Date.
Interest.
STOCK & BONDS—
Stock, $1,500,000($100)
1st mort., gold, $1,000,- >
000
S
Gen. mort., $500,000.
.
{
Outstand'g.
Maturity.
$1,500,000
1895 5g.M-N *1,000,000
May 1, 1945
Int. at Knickerbocker Tr. Co., N. Y., trustee.
^est at^nickerbo^T^ust, N .T*
^g^
June£ 1945
Coast Elec. Light 1st M.
ftt
{
c<
"Other debts" (Dec. 31, 1900), $273,517.
* Bonds— Of the $1,000,000 firsts $200,000 are reserved to retire a
like amount of Seashore Ry. (of Asbury Park) 6s, subject to call in 1897.
Default On Nov. 1, 1901, default was made in the payment of the
J&*
Atl.
interest due on the 5 p. c. first mortgage bonds of $1,000,000.
ROAD— Belt Line in Asbury Park and extends from Asbury Park
through Long Branch to Pleasure Bay, 24 miles. In June, 1898, leased
and began operating its oars over the Asbury Park & Sea Girt tracks to
Belmar, 2i« miles total 26^ miles.—V. 66, p. 616. Connects at Long
Branch with Iron Steamboat Co. for New York.
Earnings—Year end'g
LINCOLN TRACTION-A trolley road.
&
BONDS.—
N. J.
Population 1900 was 8,872; in 1890 was 7,231;
Railroad
Lighting
Pleasure
Population 1900 was 40,169; in 1890 was 55,154;
and in 1880 was 13,003.
stook, par $100
Preferred cumulative
lstmort. gold,$l,000; >
&
Outstanding.
Maturity.
$1,000,000
< 1900
5 g. M-N
4,000.000
May 1, 1950
$4,000,000 c*
( Int. at Mercantile Trust Co., N. Y., Trustee.
ROAD.— Construction under way; 70-lb. steel rails; standard gauge.
OFFICERS.— President, J. T. McNary, Logansport; 1st Vice-Prest.,
H. I. Park. Kendallville; 2nd Vice-Prest., Dr. J. B. Shultz. Logansport; Secretary, G. W. Holman, Rochester; Treasurer, B. F. Keesling,
Logansport— V. 70, p. 945, 996.
STOCK
Stock, $1,000,000
IstM. gold (1,000).
trolley road.
Com.
a total distance of 101 miles, with branch lines of 20 miles addiCharter contains provisions for the carrying of freight in bulk
tional.
of
•
IND.
Population 1900 was 16,204; in 1890 was 13,328, and in
1880 was 11,198.
Sept.
30.—
1899.'
1898.
$212,111
63,059
55.358
$204,568
58,970
f3,887
$167,784
54,912
53,800
$330,528
191,610
$317,425
184,035
$276,496
150,876
$138,918
$133,390
$125,620
1900.
Bay
Total
Operating expenses
Net
OFFICERS- President, William
E. Benjamin, 32 Broadway, N. Y.;
New York City; Superintendent, 8. F.
Treasurer, -A. C. Twining,
Hazelrigg.— V. 65, p. 867.
MONMOUTH COUNTY ELECTRIC COORGANIZATION.— This company, incorporated April, 1, 1901, is a
reorganization of the Atlantic Highlands Red Bank & Long Branch
Electrio Ry., which was purchased for the bondholders on Feb. 11,
1901, by Lindley M. Garrison of Jersey City for $250,000.
Date. Interest. Outstand'g. Maturity.
Stock & BONDS—
$400,000
400,000 Apr. 1, 1951
4 g. J-J
Tr. Co., B'klyn, trustee.
Hamilton
5
ROAD— Red Bank to Long Branch, 6^ miles, and 2d track, 2^ miles,
In Long Branch, 3 miles; in Red Bank, l 1^ miles; total, 13^ miles.
Officers— Pres't, William F. H<gan, Brooklyn; Sec. and Treas.,
Lindley M. Garrison, Jersey City; Supt., William J. Ginnavan. General
offices, Red Bank.— V. 66, p. 1043; V. 67, p. 1054; V. 72, p 86, 391. „ J
Stock, $500,000 (*S0)
1st mort., $300,000 ($100
and $1,000) gold
c*
)
1901
Int. at
LONG ISLAND CITY, N. Y.
NEW YORK
& NORTH SHORE RY.-Tna
found under
company
NEW
YORK & QUEENS COUNTY
RY-A
June
Organization —
statement of this
Brooklyn.
will be
Incorporated
26, 1896.
consolidation of the
Long Island City street roads, includingStein way Ry. etc.— V. 63, p. 229.
The parties owning the New York & Queens County also own the
New York & North Shore, which connects with the Queens County at
Flushing, forming a line to Far Rockaway.
,
<
:
—
:
:
STREET RAILWAYS.
50
W STOCK
&.
BONOS—
Maturity.
Otitstand'g.
Interest.
Date.
$2,242,100
50,000
150,000
1,500,000
Stock. $2,500,000 ($100)
1925
5J&D
1895
Flush.&Coll. Pt. IstM...
Deo., 1924
5 JAD
1S;>4
Newtown Ry. 1st M
July 1. 1922
6g. J - J
Stelnway Ry. 1st ML, gold ) 1892
...«* s Int. ;it State Trust Co., trustee. N.Y. City.
$1,000
4c A-O 1,300.000 Oct. 1, 1946
n »rn i.rM
M " 11896
N Y
> *eal Es. Title Ins. & Tr.Co .Phlla., Trustee.
»
? S?^22?
gold,
$1,000 each
Iut at office of company, Philadelphia.
vvi,n,™
by the Los Angeles Ry. Co. and the Los Angeles & Pasadena Electrio
Ry. Co. They can be called on any interest day after 10 years at 104
and accrued interest upon 4 weeks' notice, whole or any part.
Sinking Fund— Commencing 10 years from date of bond, $5,000 per
annum ror the first 5 years, $7,500 per annum second 5 years, $10,000
per annum for the next 5 years and $12,500 per annum for the remaining 5 years.— V. 68, p. 673; V. 70, p. 1150.
'
,
^
Under the New York A Queens County mortgage there were originbonds outstanding, but the company having defaulted
ally $2,500,0"
In the payment of interest, a readjustment was made, under which the
holders surrendered $1,200,000; interest was reduced to 4 per cent,
and the Real Estate Title Ins. & Trust Co Phila., was made the new
,
V. 69. p. 906.
trustee.
ROAD— The
main
s\stem embraces 65-22 miles of trolley track, including
miles: second track, 27-56; sidings, 3-48. Rails 77 to
gauge; operates 203 closed and open motor oars and
line. 34- 17
lbs. standard
93
21 freight
show plows, Ac.
Latest Earnings.—3 months ending June
cars,
3 months. Gross.
...$142.*06
1101
1900..' .... 134.290
Report
Xet.
30, 1901
Olh. inc.
for tiscal
Gross.
Surplus.
Int., tax., etc.
$34,489
29.956
$43,389
44,509
$1,313
$76,565
72.971
1,494
year ending June 30
STOCK
Uth.inc.
Int.
<£
taxes.
737; V. 63, p. 130: V. 69. p. 130, 743, 852, 905, 906. 95?,; V. 70, p. 125,
176; V. 71. p. 339; V. 72,p. 283, 339. 873; V. 73, p. 614.
in 1898.
BONDS
Hollywood, Laurel canyon, Santa Monica canyon. Soldiers' Home and
Elysiau Park, constituting about 71 miles of railway, of whioh 54 miles
electric, 10 miles steam and 7 miles horse railway.
OFFICERS-President and Manager, E. P. Clark; Vice-President, J.
Ross Clark; Sec, A. I. Smith; Treas., M. E. Hammond.— V. 66, p. 1140.
LOS ANGELES TRACTION-A trolley road.
Balance.
$173,740 sr.$55,223
$223,680
$5,283
142.729 sr.$75,213
5,603
212,339
1899-0
277,116 df.72,811
24,684
179,621
1398-9
421
Chestnut
8t., Phila
H
Shelmerdine.
President,
W.
OFFICERS—
delphia; Vice-Prest. & Gen. Mgr., J. R. Beetem: Secy, and Treas.,I. M.
Tritt, 7 A 9 B mien Ave., Long Island City— V. 67, p. 29, 7 3S,
&
Date.
Bate. Outstand'g.
Maturity.
Stock, $1,000,000; par, $100
$1,000,000
1st mort., $1,000,000, gold.. 1898 5J/c<feD/o 1,000,000
1928
1st oonsol. mort
5 A.&O.
100,000
1931
Road— Owns two lines of trolley road from Los Angeles to Santa
Monica, the entire local system of Santa Monica, with branch lines to
:
\tt.
$lS9,oi7
462.844
422,543
190>1
LOS ANGELES PACIFIC RR.-An electric, steam
and horse road.
Organization— Organized
Organization, ETC.— Chartered in 1895
Stock and Bonds—
;
Inerest.
Date.
franchise runs until 1944.
Outstand'g. Maturity.
Stock, $500,000
$500,000
1st mort., $250,000, gold ( 1895 6 g., M-N
250,000
May, 1915
Union Trust Co., St. Louis, trustee.
($1,000)
\
lstconsol. M, gold, $250,- J 1898 5g.,J-D
250,000 Dec. 1, 1938
000 ($1,000)
St. Louis Trust Co., St. Louis, trustee.
I
Interest of both mortgages at Chase National Bank, N. Y.
Report—Year ending December 31
LORAIN,
in 1890 was 4,863;
1880 WAS 1,595.
Population 1900 was 16,028;
AND
IN
LORAIN & CLEVELAND RR.-See Cleveland.
trolley road.
LORAIN STREET RAILWAY-A
Rebuilt in 1900 out of proceeds of
Tom
L.
Johnson controls road.
new bond
issue.
STOCK & BONDS—
$7.-0.000.
Par.
Date.
Interest.
Outstand'g.
Maturity.
1894
6J-J
$750,000
200,000
Jan. 1,1915
$100
Stock
1,000
1st M., $200,000..
Guar. Tr Co., Cleveland, Trustee.
350,000 Nov. 1,1949
Cons M., $750,000, 1,000 1899 6gM-»
Int. at Guaranty Trust Co., N. Y., trustee.
c* 5
gold $1,000
Bonds— Ot the con. mortgage for $75^.000, $200,000 is held to take
up first 6s and $200,000 to be issued for improvements and extenInt.
I
sions only.
...
,
road 96 miles in length, extending through the city
of Lorain to Elvria; sidings, two miles; total track, 11-6 miles. Of
the track 7-8 miles is on private right of way (land owned in fee simple); rails, 70- lb. T and 85 lb. girder.
Earnings— For the past 5 years have been
E
1897.
1896.
1899.
1898.
1900.
$92,482 $98,429 $64,455 $48,553 $54,621
Gross
51,-33
33,579
22,840
12,694
38,253
Net (after taxes;
OFFICERS— President. Pierre S. DuPont; 8ec. and Treas., Wm. A.
ROAD-Owns
Donaldson.— V. 69,
p.
1346
LOS ANGELES, CAL.
in 1890 was 50,395; and in
1880 was 11.183.
Population 1900, 102.479;
LOS ANGELES RAILWAY-
Orqanization—Successor by consolidation Sept. 29, 1898. of Los
Agricultural Park RK. and by purchase of
Angeles Ry. and Main St.
the Mateo St. RR. and San Pedro 8t. RR. V. 68, p. 85.
<fe
In 1899 acquired control of the Los Angeles & PasadeDa Electric
Railway, receiving the stock of the road in consideration of the guaranty of the bonds. In June, 1900, Pasadena <fe Mt. Lowe was also ac-
& BONDS—
Maturity.
$5,000,000
A-O 4,234,000 Oct. 1,1938
< 1898 5g.
c* ( Int'st at Co's Office, San Francisco, Cal.
$1,000 each
The Trustee of the new mortgage of 1898 is the Union Trust Co.
On 30 days' notice interest may be made
of San Francisco, Cal.
payable at the National City Bank, New York.
EARNINGS— Year 1900, gross, $863,092; net. $319,757; 1899, gross,
$757,400; net, $249,502. Year 1898, gross, $756,2( 8; net, $266,613.
r oaD About 98 miles of road. In -"ept., 1S01, it was reported that
about 100 miles of suburban lines were un ier consideration.
OFFICERS— President, H. E. Huntington; Vice-President, Ch. de
luigne; ^d Vioe-Prest., r W. Smith; Treasurer, I. VV. Hellman: Secre
Guign*
Manager, Epes Randolph, Los
tary. E. B. Holladay, San Francisco
Angeles.
INDEX— V. 67, p. 634, 789; V. 68, p. 85, 673; V. 70, p. 1149, 1150.
Stock
Dale. Interest. Outstand'g.
Stock, $5,000,000 (par, $100)
New mort., $5,000,000 gold
—
-
;
(1) LOS ANGELES & PASADENA ELECTRIC RY.- A trolley
road.
to Pasadena and Pasadena to Altadena. embracing all local lines in Pasadena. Acquired
In 1900 the "acitlc Electric (24j miles), connecting with the Arcade
depoi. All the stock of the Los Angeles & Pasadena Electric is owned
by the Los Angeles Ry., which has guaranteed the bonds below.
Date.
Outstand'g.
Maturity.
Interest.
BONDS—
STOCK
&
($100
sh.),
'
(
(2)
,
PASADENA A MOUNT LOWE RAILWAY.-
A combination cable and electric railway known as the Mount Lowe
road. Built by Prof. T. .8. C. Lowe. Located on the mountains above
-o the Pasadena A Mount Wilson, sold at
Pa?;
tea about 9 miles from Altadena to
for*Mt. Lowe Hprings. In June, 1900. control passed to the Los Angeles
By. Co. and the Los Angeles & Pasadena Electric Ry. Co. jointly.
Outstand'g.
Interest.
Maturity.
Stock and Bonds— Date.
$600,000
St2ck7*6u0,0O<>
390,000
June
1900
4g. J. D.
")0.)
1, 1930
lstnior
.. c* < Int. at Union Tr. Co., San Francisco, Trustee.
(top:
Bonds.— Ot the $500,000 bonds, $110,000 are held in the treasury
for improvement*. The bonds are guaranteed, principal and interest,
-
Operating
exptnses.
Net
earning*
$55,609
38,053
26,652
$191,847
$136,238
163,191
125.296
111,962
85,3i0
Road— Owns and operates 26 miles of track laid with 60 and 70-lb.
,
Officers— President, Thomas
Manager, W. 8. Hook.
rail.
Hook; Secretary, Marcus Hook;
J.
TEMPLE
STREET CABLE
be changed
to
RY--A
cable road, but
to electricity.
Organization— Chartered Oct. 31, 1885. Operates 43i miles of track.
Rails 38-lb. girder. In Jan., 1901, deed of foreclosure had been taken
by J. A. Graves for the bondholders, who expect to obtain a new franchise, when reorganization will take place, and electricity used. In
Nov., 1901 it was reported that control had passed to the Huntington
syndicate on behalf of the Los Angeles Railway, and that the road
would be reorganized under the name of the Pacific Electric Railway.
Manager, E. T. Wright— V. 73, p. 1012.
,
LOUISVILLE, KY.
Population 1900 was 204,731; in 1890 was 161,129,
and in 1880 was 123,758.
LOUISVILLE
RAILWAY-Trolleyroad.
Organization— Incorporated Jan. 22,1867. A Kentucky company,
owning all the street railways in the city of Louisville and its suburbs.
The real estate is valued at $700,000.
Interest.
Outstand'g Last div., de.
STOCK & BONDS.— Date.
Q -Jan. $3,500,000 Oct., 1901, 1%
Com. stock ($100 sh.)
5
A.&O.
Pref. stock 5 p. c. cum
2,500,000 Oct., '01, 2^%
Louisv. City Ry. M... \ 1884
6 g. J.- J.
524,300 July 1, 1909
do
do M., gold ( Trustee, Louisville Trust Co., Louisfille, Ky.
M.-N.
6
Central Pass. Ry. M... 1882
64,000 Nov. 1, 1902
U888 6
M.-N.
251,000 Nov. 1,1908
Central Pass, xv
t
pj rg ^ Nat.
j^at. Bank, Louisville.
\ Interest payable at First
Louisv. Ry, pens. M., )
lg90
5 j _j
5,159,000 July 1, 1930
Intere8t Payable by Seligman
Co., N. Y.
M
flisted
N* Y
)
.
&
.c* \
1900
M-S
350,000 Mar. 1, 1940
$2,000,000,g,$l,000 $ Int. at Columbia Fin. & Tr. Co.. Louis v'le, Trus.
Bo (iris.— Of the new 2d mort. bonds due 1940, not more than $200,000
can be issued in any one year for improvements; $350,000 has been
issued, and the remaining $50,000 may be issued later. V. 70, p. 430,
480, 532. $200,000 were sold April. 1901, at 109-46.
Stock. -In June, 1897, $500,000 of common (leaving $3,500,000) waft
converted into preferred, making $2,500,000 preferred, on payment of
$50 per share to be used for improvements.
DIVIDENDS— On preferred 5 p. c. per annum. On common—In 1896,
2*2 p. c; in 1897, 2*3 p. c; in 1898, Apr., 1^4 p. c; the Oct., 1898, and
April, 1899, dividends were passed, owing to tax suit; in 1900, 4 p. c;
in 1901, Jan., 1 p. c; April, 1 p. c; July, 1 p. c; in Oct., 1 p o.
Road- Owns 140 miles of track on 83 miles of street, of which (June,
1901, 137 ^ electric and 2 "a animal power.) The last mule line in the
city was changed to trolley early in 1898, most of the work of conversion having been paid for out of earnings.
Annual Report— Fiscal year ends Dec. 31. Annual meeting
Louisville Ry. 2d'M.,
)
4>ag.
Feb. 20.
Year.
1900.
Tear.
1899.
1900.
1899.
$265,000 $171,666
Gross earn.. $1,520, 513 $l,43ts,8.58 Dividends
582,342
482,255 Bal., surplus..
3,252
2,089
Net
304,500
314,0iK>
Interest pd.
Officers— President, T. J. Minary; Secretary and Treasurer, Saml
G. Boyle.— V. 70, p. 430, 480, 532 V. 72, p. 776; V. 73, p. 494.
|
|
;
LYNCHBURG, VA.
w
68 p 400
OBB
81,000,000
5g.,J.
&J.
750,000 Jan. 1, 1928
(1898
«.,
„ $1,000,nnn >
Mort. go d guar.
lDt at in Tr & gav ^ k Chic tru3 ee(
c
000, $1,000,
£ or Chase Nat. Bk.,N. Y.
Sink. fd. of $10,500 per year begins Dec, 1, 1908, and bonds may be
called at 105 any coupon day after Jan. 1,1908. Guaranty of Los
Angeles Railway endoned on bond-.
ROAD— Owns 33-76 miles of track.— V. 08, p. 85.
>
Tear
19U0
1899
1898
I
Organization— R°ad extends Los Angeles
Com. stock
Oross
earnings.
—
O.
Population 1900 was 18,891; in 1890 was 19,709;
and in 1880 was 15,959.
LYNCHBURG TRACTION
& LIGHT CO--
Trolley.
Organization—This is a consolidation on May 1, 1901, of the Lynchburg Electric Ry. & Light; the Lynchburg & Rivermont St. Ry. (franchise perpetual) and the Lynchburg Gas Co.. and comprises all the
street railways, gas works and electric-light plants of Lynchburg;
population served, 28,000.
Outstanding.
Date. Interest.
Maturity.
STOCK AND BONDS—
$750,000
Stock, $750,000 ($100)
"
10<n
5
May
«1, 1931
639,000
. «i
,
at lnnit
nno non <>
mor tg.,
1st
$1 .000,000,
Real EHt Trust Co p llUa> Trustee.
goia...c
s. r. ($1,000)
int. at R. M. Janney & Co.. Philadelphia.
^
MN
111,000
5
1930
Lynch. Gas Co IstM
Bonds Of the 1st mortgage bonds $111,000 are reserved to retire
Sinking fund
i.'umIs of like aniountof Lynchburg Gas Co., due 1930.
becomes operative in 1911.
ROAD— Owns and operates 14 miles of road in city and suburbs.
Officers— President, R. D. Aprerson, Lynchburg, Va.; Secretary
and Treasurer, F. H. Shelton. 112 No. Broad St.. Phila.— V. 72, p. 873.
—
;
;
STREET RAILWAYS.
MACON, GA.
POPULATION 1900 WAS 23,272; IN 1890 WAS 22,746;
ani> IN 1880 was 12,749.
RR
MACON CONSOLIDATED STREET Maturity.
Oittstand'g,
Stock and Bonds— Date. Interest.
$50<>,000
Stock, $500,000
See text.
1895
1st mortgage
gold, )
,$350,000,.gold,)
Ref.
_s
350.000
lg99 5 g>
Mar.1,1929
ibj.toV
($1,000 each), sui
Old Colony Trust Co., Boston, Trustee.
)04.o* >
call aft. Mar. 1. 1904.
BONDS— Of the refunding 5s, $345,000 were reserved to retire an
equal amount of lsts of 1895, and the remaining $5,000 were to be
Issued as soon as all the lsts had been thus exchanged.
Road— Operates 20 1s miles of trolley traok, laid with from 30 lb. to
M
48-lb.
Including park on shore of LakeMiohigan, theHill and Parkdale.
atres restaurant house, station, bath rooms, pavilions, &o., over
$100,000 spent for improvements in 1899
—
Officers President, Treasurer and Purchasing Agent, G. A. Hart;
Vice-President, R. R. Blacker; Secretary, George W. Swigart.
MANSFIELD, OHIO.
M
T
rails.
Earnings— For year euding Dec. 31. li'OO. gross, $100,379; net,
$30,937; interest and taxes, $24,895; balance, surplus, $6,042.
OFFICERS— President, Phillips. Saltonstall; Sec.D. K. Snow; Treas.,
Office. 53 State St., Boston, Mass.; Manager, E. E.
8. Reed Anthony.
Winters, Macon, Ga.— V. 68, p. 872.
MACON ELECTRIC LIGHT
& RAILWAY.-
ORQANIZATION, Etc.— Name originally Macon & Indian Spring ElecIn May, 1898. purchased at foreclosure
tric St. Ky., changed in 1898.
sale for $40,000 electric-light plant of Macon Gas Light & Water Co.,
and in May, 1900, completed new power house.
Stock
&
BONDS
Date.
Interest. Outstanding.
Population 1900 was 17,640; in 1890 was 13,473
and in 1880 was 9,859.
MARION, OHIO.
Population 1900 was 11,862; in 1890 was 8,327;
and in 1880 was 3.899.
MARION STREET RAILWAYOrganization, Etc.—Stock, $100,000.
w. generators, 1 ,000 h. p. power plant.
OFFICERS— President, Gen. Manager and Purchasing Agent, T. J.
Carling; Secretary and Treasurer. J. H. Hertz. -V. 66, p. 1089.
k.
MARLBOROUGH
Bonds—
Date.
Miles.
Outstanding.
Interest.
Maturity.
$200,000
1901 5 g M-S
200,000 Sept. 1, 1926
1st M. $300,000, gold ) 10^2
c.MInt. at Milwaukee Tr. Co., Milwaukee, Trustee
($1,0(0)
Bonds—The whole issue can be called on any interest date at 110
and interest; $5,000 is payable yearly to sinking fund, beginning
Stock. $200,000 (* 100)
Sept. 1, 1916.
Road— Owns
lO^a miles of standard-gauge track, including lines in
Madison and extension to Elmside, Schuetzen Park and Cemetery.
Earnings— For fiscal year ending May 1, 1901 (Madison Elec. Ry):
Gross, $63,648; net, $8,343; interest $7,000; balance, surplus, $1,343.
Officers— Pres., P. L. Spooner; Vice-Pres. and Gen. Man., F. W.
Oakley; Sec. and Treas., Wavne Ramsay; Supt., G. H. Shaw, all of
Madison.- V. 72, p. 438; V. 73, p. 494, 663.
MASS.
Population 1900 was 13,609; in 1890 was 13,805;
and in 1880 was 10,127.
Population in 1900 was 19,164; in 1890 was 13,429;
and in 1880 was 10,324.
&
Operates 4 miles of track.
OFFICERS— President and Treasurer, E. Durfee.
MADISON, WIS.
CO--A trolley road.
&
&
Maturity.
Organization— Incorporated in Sept, 1901, as successor to the
Madison Electric Railway.
LIGHT
Organization— Charter renewed in 1898 for 25 years Successor to
the Mansfield Electric Street Ry Owns also an incandescent light
plant with about 7,000 lights.
Date.
Interest. Outstand'g
Maturity.
BONDS—
STOCK
$125,000
Stock, $400,000
6 A-O
125,000 Apr., 1911
1st mort., $125,000 ($100 < 1891
(Tnt. at office, Rush Taggart, N. Y., Tr.
and $500)
Road— Owns 19 miles of track, including extension to Shelby, which
was completed in 1901. President, S. N. Ford; Secretary. 8. G. Cummings; Treasurer and Manager, Reid Carpenter.
$100,000
<
1899 6 g. J- J
100.000 Jan. 1, 1929
c* I Int. at Bowling Green Tr. Co., N. Y., Trus.
gold
ROAD, &C— Owns and operates 7 miles of track, with 9 motor and
3 trail cars, has 6,000 light alternators, 385 arc-light dynamos, 4c2
Stock
RY
CITIZENS' ELECTRIC
CO.— A trolley road.
POWER
Stock, $100,000 ($100)
1st mort $100,000, $500
MADISON TRACTION
51
MARLBOROUGH STREET
RY-Trolley.
Control of this road and also Of the Framingham Union Street Railway and the framingham Souihboro <s. Marlboro St. Ry. has been
purchased by a syndicate headed by Jas. F. Shaw & Co., Boston, in the
interests of the (V. 71, p. 491) Boston & Worcester Electric Street
Railway, a projected road, which has not yet been capitalized. E. H.
Gay & Co.. Boston, are the fiscal agents. See V. 71, p. 602; V. 72. p. 183.
ORGANIZATION—Incorporated March 27, 1888. The Framingham
Southboro & Marlboro Ry., 6 miles, completed In August, 1898, is
operated.
In July. 1901, Massachusetts RR. Commission gave authority to
issue $160,000 5 per oent i 0-year mortgage bonds.
Date.
Interest. Outstand'g.
Maturity.
BONDS—
S T OCK
Stock $80,000 (par $100). ......
See text
$80,000
4% in 1895-6
1st mortgage sink. fund.. ( 1894
6 J -J
July 2, 1914
80,000
Sub.tocallatl05after5ys. \ Interest at Intern'l Trust, trustee, Boston.
Current liabilities Sept. 30, 1900, $65,972.
Dividend— In 1894-95, 2 p. c; in 1895-96, 4 p. c; in 1896-7, 1897-8,
1898-9 and 1899-1900, none.
Road—Total track owned and leased, including sidings, 15 602 miles.
&
-
MANCHESTER,
N. H.
EARNINGS—
Population lfOO was 56.987; in 1890 was 44,126,
AND IN 1880 WAS 32,630.
MANCHESTER TRACTION LIGHT &
POWER COincorporated
1901
New Hampshire, and comin
Orqanization—
Interest.
Stock, $5,000,000 ($100)
lstcon. mtge., $2,000,000, ) 1901 5 g.
c*$Int. at Am.
gold ($1,000)
Vnderl iug Liens
"' C °' 1St '' 1897 3 «
$25000O
M
\
Man. St RyiVstM., gold,) 1895
15,
|
I
I
A-O
$1,500,000 July'01.3%
850,000 Aprill,1921
Co., Boston, trustee.
Loan &Tr.
A "°
MARSHALLTOWN,
Population 1900 was 11,544;
and
Maturity.
Outstand'g.
Oct. 1, 1917
250.000" Jan. 1, 1915
Leather Nat. Bank. Boston.
250,000
5g.J-J
$250,000, red. after Jan. >Int. at Shoe &
) Am. Loan & Trust Co., Boston, trustee.
1, 1905
Bonds Of the new 1st con. mtge. $150,000 are reserved to retire a
like amount of bonds of the tTnion Electric Co. and $500.' 00 are reserved to retii e above underlying bonds. The remaining $500,000 are
available for future improvements and betterments,
Road— Owns 34 miles track, standard, of which 4*2 miles second
track and 1 mile sidings, etc. Rails 70 and 901b. TDIVIDENDS—The first semi-annual dividend of 3 p. c. was paid on
July
1898-9.
$53,567 Dividends
None.
5,577 Bal. for year... 8ur.$6,484
def. 3
5,580
OFFICERS— President, Jas. F Shaw; Secretary and Treasurer, Geo.
A. Butman; Manager, A. C. Ralph.— V. 69, p. 955; V. 71, p. 491, 602.
in
Date.
—
1899 00.
None.
I
r
STOCK—
M
1898-9.
Gross earnings. .$54,041
Net
15,830
Int'st, taxes, etc.
9,346
pow er and street railway properties in and
around Manchester. The company took over the Manchester Electric
Co., which controls the Manchester Electric Light Co. and the Manchester Street Railway. In Nov., 1901, it was rumored that the Boston & M«ine RR. had practically secured control of the system.
prises the several light
1899 00.
8,914;
MARSHALLTOWN LIGHT POWER
Stock ($500,000) ($100)
1st mortgage ($150,000)
god ($1,000)
Road—Trolley
& RY.
c*
$250,000f.p
)
\
1893
6g. J-J
130,000
July 1, 1913
Iut. at 111. Tr. & Sav. Bk., Chicago, trustee.
m. President, C. D Jones of Independence, la,;
B. Hovey of Independence, la.; Treasurer,
and Superintendent, M. W. Hovey, Marshalltown, la.
track,
-secretary. 8
3^
MASON
Population
19'
and
,
was
IA.
was
Organization—Exclusive rights till 1917. Runs electrical lighting
and gas plant and electrio railway.
Date.
Interest. Outstand'g.
Maturity.
Stock & Bonds—
1901
EARNINGS— Of the Manchester Street Ry. for years ending June 30:
'iross.
Net
Int. <£ taxes. Dividends. Balance.
1900-01
$25,260
$212,138
$46,892 $19,443
$2,189
1899-00
173,004
35,010
18,090
3,320
(8%)13,600
1898-99
(8)%13,6H0
162,149
35,516
17,300
4,616
1897-98
158,885
19,499
16,568
6,000
3,069
Officers—President, William A. Tucker; Treas S. Reed Anthony;
General Manager, J. Brodie Smith.—V. 69, p. 229, 1193; V. 71,p. 289;
V. 72, p. 391, 393, 1237.
in 1880
in 1890
6,240.
CITY,
was
IOWA.
6,746; in 1890
in 1880 was 2,510.
was
4,007;
MASON CITY & CLEAR LAKE RAILWAY
CO-— Organization,
Etc.— A trolley road. Operated since July
897. Owns right of way 33 feet wide from Mason .City to Clear Lake,
9 miles. Length of line within and between two cities, 17 6 miles,
Stock, $200,000. Bonds (authorized), $100,000 1st gold 6s, J.-J. 15,
interest at Illinois Trust & Savings Bank, Chicago, Trustee; sinking
fund retires $3,000 yearly at 103, beginning Jan. 15, 1900, and
amount outstanding, $^7,000. Handles all freight coming over Iowa
Central Ry. between Mason City & Clear Lake. President and Gen.
Manager, W. E. Brice; Secretary, F. J. Hanlon.
1
-
MANISTEE MICH.
MEMPHIS TENN.
Population 1900 was 14.260 in 1890 was 12,812
and in 1880 was 6,930.
;
MANISTEE FILER CITY & EAST LAKE
RAI LWAY-A trolley road.
MEMPHIS STREET RAILWAY Co-
Population served estimated at over 25,000.
STOCK
&
BONDS—
Stock
lstmortgage,$2C0,000,g.c*)
($500 each) red. after >
Date.
Interest. Outstand'g.
Maturity.
$200,000
1898
Population 1900 was 102,320; in 1890 was 64,495,
AND in 1880 WAS 33,592.
6 g. J-J
150,000
Jan. 1.1918
Int. at Metropolitan Trust, New York,
1903 at 105
Trustee.
3
Bonds— Mortgage provides that $4,000 must be drawn by lot at
105 yearly Jan. 1, 1 904, and after, but all firsts are subject to call at
105 on and after 1903. Bonds offered for sale in February, 1898.
Road— Operates 14 miles of track; 30 cars; brick boiler house; three
large engines and generators; iron car house. Rails, 45 lb TThe line
«xtends from Manistee to Filer City, East Lake and Stronach, Oak
Organization— Chartered in 1895 and consolidated with the Citizens' St., East End Street, City & Suburban and Memphis & Raleigh
Springs lines; franchise runs
Stock & Bonds—
Miles.
St'k$500,000($100)
RR. 1st M.
($1,000), gold..o*
Citz. St.
)
J
till
Date.
1945.
Interest.
Outstand'g
Maturity.
$500,000
1887 6 g. J-J
995.000 Jan. 1, 1916
40
Int. atU. S. Nat. Bk. of N. Y. and Memphis, Tenn.
of track in Memphis and suburbs.
Rails 70 to 90 lb. T and Johnson.
Officers— Vice-President, General Man'r and Purch. Agent, F. Q.
Jones Secretary and Treasurer, R. L. Benson.— V. 67, p. 371.
Road— Operates 70 miles
;
—
;
STREET RAILWAYS.
52
MENOMINEE, MICH.
Population 1900 WAS
UD
IN
12. 818; in 1890 was 10,630,
18S0 was 3.288.
MENOMINEE ELECTRIC LIGHT
WAY
RAIL-
& POWER.
Organization—Chartered Julv 31, 1891. Capital stock issued and
Said in $110,000; par. $100. First mortgage 0s of 1893, $24,500;
ue $3,000 yearly: Interest J«fcJ at First National Bank of Menominee.
Owns
Road— Operates 13 miles of track extending from Middletown,
N. Y., to Midway Park, Goshen, including switches, turnouts, etc
Rails 65-lb. T except hi mile ouly of 80 lb. girder. Standard gauge.
Yearly Earnings— For year ending June 30, 1901: Gross, $48,051;
net, $4,078; other income, $655; charges, $6,148; deficit, $1,415.
Officers— President and Gen. Manager, W. B. Royce; Vice-Pres., W.
B. Broomall; Sec. and Tress., Herbert B. Royce; Sup't, Samuel Gansmann.— V. 67, p. 480, 1003; V. 69, p. 440, 8o2. 906.
6 7-10 miles of truck.
Dividends— Twelve semi-annual dividends have been paid to June,
1001, the Brat six at 2 per cent and the last six at 2Hj per cent.
Officers— President. A. Spies; Vice-President, 8. M. Stephenson,
Secretary, Treasurer A General Manager, E. Daniell.
MILFORD, MASS.
Population 1900 was 11,376; in 1890 was 8,780;
and in 1880 was 9,310.
MILFORD
ATTLEBORO & WOONSOCKET
RY. -A trolley road.
ST.
MERIDEN, CONN.
Popn.ATioN 1900 was 24,296;
1890 was 21,652.
ELECTRIC RAI LROAD-Trolley.
MERIDENOrganized
1S86. In November,
IN
&
August 14,
1895,
Organization—
control was obtained by the N. Y. N. H. & H. RR. Co.— V. 61, p. 794.
STOCK & BONDS - Par. Dale. Interest. Outstanding. Maturity.
$100
Stock. $1.000.00O..
$1,000,000
85.000 Oct. 1, 1911
Meriden Horse RR. i 1,000 1891
5 A-O
1st mortgage
s Interest at Girard Life, etc., Co. of Philadelphia.
Meriden Elect. RR.)
1894 5 g. J-J
$415,000 Jan. 1, 1924
eon M.,g., $500,000 5 Interest at Girard Life, Philadelphia.
June
30, 1901, bills payable, $171,400.
Meriden, extending also to Wallingford, 195 miles in all.
Earnings— For years ending June 30: In 1901, gross, $133,153
net, $49,667; interest and taxes, $40,250; surplus, $9,417. In 1900,
gross, $121,939; net. $44,220; interest and taxes, $32,365; balance,
surplus, $11,855.
Officers— President, Col. N. H. Heft, New Haven; Secretary and
Treasarer, W. L. Squire, New Haven.— V. 61, p. 704, 7gd
Road— In
MERIDENSOUTHINGTON& COMPOUNCE
TRAM WAY- -A
trolley road.
Organization, Etc.— Operation commenced about July, 1898. Operates 13 miles of track between Meriden and Southington, with a
branch to Lake Compounce, and connects with the Connecticut Railway & Lighting Company's New Britain system at a point about 2
miles north of Southington and with Bristol & Plalnville RR. at Lake
Compounce. Has trackage agreement with Meriden Electric RR. by
which its cars enter Meriden to centre of city.
STOCK
& BONDS—
Date.
Outstand'g
Interest.
Maturity.
Com. sto'k ($100) $300,000
$200,000
4% p. a.
175,000 July 1, 1928
M. g., $200,000 o* ($1,000) ) 1898 5 g J-J
can be called at HOafter }
Optional at 110 and interest.
Aug. 15, 1903
) Int. at Col. Trust Co., N. Y.
Bonds can be issued only for new extensions to the extent of 50 per
cent of cost and provided net earnings for the twelve months preceding the issue were equal to 10 per cent on all bonds issued and proposed.
Dividends— One per cent quarterly since April, 1899, up to and including October, I'M
1.
Earnings— For flsoal year ending June 30, 1901, gross, $46,617
net, $16,t43; interest, $8,750; taxes, $2,355; balance, surplus, $5,338.
President, E. N. Sanderson, 31 Nassau St., N. Y.; Sec. audTreas., John
;
A. Hurley, Meriden, Conn.
MICHIGAN CITY,
IND.
Population 1900 was 14,850; in 1890 was 10,776;
and in 1880 was 7,366.
RY.-Trolley.
CITIES
Receivership— In Feb., 1898, I. I. Spiro was appointed receiver.
LAKE
ELECTRIC
Interest due Feb.
possession.
1,
1898, only partly paid.
Organization.— Incorporated to build an electric railway in and
connecting the towns named in the title. Was authorized in August,
1901, to issue $75,000 additional stock.
Date
Interest. Outstanding.
Maturity.
STOCK
BONDS—
Stock ($100)*325,COO.
$250,000
1899
Oct. 1, 1919
1st mtge., gold ($1,C00). S
250,000
5g, A-O
Cannot be called
( Principal and interest payable in Boston.
Road.— Owns and operates 30 miles of track. Has traffic agreement with Woonsocket Street Bailway, allowing it to run over its
traoks into the city. Operates 20 cars. Rails, 60 and 85 lb.
Earnings.— For years ending Sept. 30: In 1901, gross, $74,316;
net, $29,7i!6; in 1900 was, gross, $42,131; net, $20,018.
OFFICERS.— President, G. W. Wiggin, Franklin; Treasurer, E. K.
Ray, Woonsocket; Secretary and Manager, W. H. Tyler, Milford.— V.
73, p. 236. 392.
MILFORD HOLLISTON & FRAMINGHAM
STREET RAILWAY-Trolley.
Organization— Commenced operation May 15, 1896. In 1897 purchased entire capital stock of Milford & Hopedale St. Ry. and December, 1897. was consolidated with it. In 1899 made arrangement with
Milford Elec. Light & Power Co., by whioh steam power is furnished
to that company
Stock (par $100) $253,500. First mortgage gold 5s, int. J-J. at Amer.
Loan & Trust Co., Boston, dated 1898, due Jan. 1, 1918, $165,000.
Road— Owns 28 miles of track, including new extension to Hopkinton completed Oct. 1. 1901.
Earnings— Years ending Sept. 30: In 190J, gross, $118,029; net»
dividends, $17,640; defloit'
$32,620; Interest, tax* s, &c, $18,651
$3.t>71
in 1900, gross, $121,708; net. $40,710; interest, taxes. &o.»
;
;
$20,843; dividends, $17,640; surplus, $2,227.
Officers— President, John T. Manson, New Haven, Ct.; Vice-Prest.,
Sydney Harwood, Boston; Gen. Mgr. and Treas., E.
Goss, Milford
W
Mass.
_
MILLVILLE,
N. J.
Population 1900 was 10,583; in 1890 was 10,002;
and in 1880 was 7,660.
MILLVILLE TRACTION-A trolley road.
Organization—This company owns the entire capital stock of the
Millville Rapid Transit ($50,000) and operates in all 364 miles of track.
Date. Interest.
OxUstand'g.
Maturity.
STOCK & BONDS—
Stock, $175,000
$175,000
1914
88,000
1st mortgage. $400,000.) 1894 5g.F-A
o* s Interest at Land Title & Tr., Phlla.. Trus.
gold ($1,000 each)
"Other debts" Dec.31, '00
$32,792
Earnings— For year 1900 gross, $6,668; deficit under operating,
$2,473.
Road.— Operates 3 64 miles of track in the town of Millville.
Officers.— Pres't, G. B. Langley; Sec and Treas., Daniel O. Lewis.
MILWAUKEE,
In Nov., 1901, receiver
still in
Plant— Owns
plant for commercial and public lighting,
pole line and wires covering entire city. Company has a 10-year conwith
tract
the city for lighting, from Aug. 1, 1894.
Dale.
Interest. Outstand'g.
Maturity.
Stock
BONDS—
Common stock, (par $100)
$200,000
Pref., non-cum., $100,000
50,000
1st M.. $300,000, g. ($500) \ 1893
6 g.F-A.
75,000 Feb. 1, 1923
(In default, see abovejc* J Metropolitan Tr. Co., N.Y., trustee.
Earnings— Including electric-light plant, for calendar year, 1900,
gross, was $21,010; in 1899 gross was $19,245; in 1898 gross was
$17,223.
ROAD—Owns 2 miles of track. Rail 72-lb. T.— V. 66, p. 288.
Lighting
&
MIDDLETOWN, CONN.
Population 1900 was 9,589; in 1890 was 9,013;
am. in 1880 was 6,826.
MIDDLETOWN STREET RY.-A
trolley road. Serves
population of about 23,000.
Organization—Organized on Jan. 12, 1884. In Jan., 1898, consolidated with the Portland St. Ry.
8tock,par,$25($200,000),$135,000
Earnings— For yearending June
1st M., $150,000, gold, 5
30, 1901, gross, $37,590; net, $12,150,000 113!); interest and taxes, $8,994;
guar, J-D
(Dated 1894. Due 1915.)
surplus, $3,145.
I
I
|
Road— Owns 937
mileH of tracks.
Officers— President, E. W. Gobs, Milford, Mass.; Vice-Pres't, Abel
C. Allison, Mlddletown; secretary ana Treasurer, J. K. Guy, Middle-
town.
Index— v.
62, p. 85.
MIDDLETOWN,
N.
Y.
Population 1900 was 14,522; Of 1890 was 11,977;
AND IN 1880 was 8,494.
MIDDLETOWN-GOSHEN ELECTRIC RYIncorporated
Organization— On
Oct. 25, 18'i9, w,in
as successor by
purchase, at foreclosure of the Mlddletewn-Goshen Traction.
The
property was bouifht subject to the two old mortgages i-numerated
below, but interest temporarily reduced to 4 per cent; capital stock
after reorganization was reduced to $100,000.
Interest. OuUPtFa.
Dale.
Maturity
Bonds—
Stock
BNx-k. $100,000 anth
$100,000
Oldr''.-.l-ttii.>rt.,$2oo,0OO
200,000 Jan. 1.1919
L894 6g. J - J
?:old, $1 ,0OO, s. f
c* i
Bed need temporarily to 4 per cent,
ddlet'n -Bloomb'g 1st M. > 1895 6 M.&.V.
75,000 May 1, 1920
Reduced temporarily to 4 per cent.
gold '$l,OO0>$20O,0O0 s.f. S
&
,
WIS.
Population 1900 was 285,315; in 1890 was 204,468;
and in 1880 was 115,702.
RY & LIGHT.MILWAUKEE ELECTRIC
Milwaukee
Railway Company
Organization— Successor
of
Street
sold in foreclosure Jan. 29, 1896, per plan in V. 60, p. 1009. Embraces all the street railway lines in Milwaukee, and an extensive
system ot suburban and interurhan lines. Controlled by the "North
American Co." (See Miscellaneous Companies in Investors' Supplement.) -The company besides its street railway system owns and
operates electric-light ana power worksO(costing $1,625,938) under
franchises said to be exclusive these include all the electrio-light
companies, among others the Edison Elec. Illuminating Co., the Milwaukee Electric Light Co., the Badger Illuminating Co. the Milwaukee
Arc Light <fe Power Co. and the Pabst Light, Heat & Power Co. Was
furnishing on Oct. 26, 1901, 96,391 incandescent lamps, about 2,890
Owns all the stock of the Milh. p. in motors and 3,<90 arc lights.
waukee Light, Heat & Traction Co. See its statement below.
The franchises of the company run until Dec. 31, 1934—V. 70. p. 39.
Stockholders in Jan., 19ol, voted to increase common stock from $3.500,000 to $15,000,000, to provide funds for improvements, the additional stock to be Issued from time to time as needei
Date. Interest. Outstand'g.
Maturity.
BONDS
STOCK
ajo c«n nnn
Com. stock, $15,000,000 >
$^,500,000
(par $100)
)
;
&
^^SS^&i^]
Q- F
4,500.000 Nov.'OLl^
1,000,000 Dec. 1, 1908
Milw. City RR. 1st mort.,i < 1888 5g. J-D
41 m.,$l,000,000,gold.o < Central Trust Co., N. Y. City, is trustee.
$500,000 July 1,1909
West Bide Street Ry., lstj 1889 5g. J - J
\ Int. is payable at Farmer's L. & Tr. Co.
mort., covers 18 miles.
Milw. El. Ry. & Light Co., < 1896 5g. F-A $6,500,000 Feb. 1,1926
consol.M.$8,000,OoO,g.c* \ Trustee, Central Trust Co., New York.
Interest payable at company's office, 30 Broad Street, N. Y.
Stock and Bonds— Hew consols of 1896 for $1,500,000 are reserved
These bonds and also the preferred
for prior bonds still outstanding.
stock are listed on the N. Y. Stock Exchange.
ROAD—Total track Jan., 1, 1901. was 14029 miles— all trolley, of
whli h 6345 double track and 1339 tingle.
Annual Report— Fiscal year ends Deo. 31.
1900.
1899.
1898.
1897.
Oalenda- year—
$1,850,086 $1,66H,963 $1,520,751 $1,408,417
Gross railway
327,643
263,709
354,450
250,277
Lighting, etc
.
•
.
$2,204,536
Gross earnings
Operating expenses.. 1,129,786
$1,996,606
1,026,403
$1,784,460
943,225
$970,203
$1,074,750
$841,235
Net earnings
Out of the net of $1,074,750 for 1900, $400,C00 was paid
and $87,451 for taxes.
$1,658,694
935,797
$722,897
for interest
-
:
—
:
:
STREET RAILWAYS.
Dividend— Regularly quarterly dividends of l*v per cent have been
paid on the preferred stook since February, 1900.
Officers— President, W. N. Cromwell. Vice-President, Henry
C. Payne, Milwaukee, Wis.; Secretary, C. A. Spofford, New York;
New York office, 30 Broad St., N. Y.
Treasurer, George R, Shelfl on.
City.— V. 67, p. 74. 126; V. 68, p. 619, 872; V. 69, p. 24, 385, 1012,
1301: V. 70. p. 39, 277,280; V. 71. p. 26. 492, 809, 1220; V. 72, p.
283, 337,722, 776, 780; V. 73, p. 30, 32, 445.
Companies Controlled by Milwaukee Electric Kallway
&
Light Co.
MILWAUKEE LIGHT HEAT
<fc
TRACTION COMPANY.-Incor-
The capital stock ($500,000) is all owned
by the Milwaukee Eleotrlo Railway <& Light Co.
The Traction Company owns ana operates the following propertiesporated December, 1896.
all trolley
roads
Milwaukee & Wauwatosa Motor Railway Co., operating between
Milwaukee and the town of Wauwatosa.
North Greenfield & Waukesha Electric Railway Co., Waukesha Beach
Electrio Railway Co., Waukesha Eleotric Railwav Co., operating between Milwaukee, Waukesha and Waukesha Beach.
Milwaukee Racine & Kenosha Electric Ry. Co., operating betweon
Milwaukee, Racine and Kenosha.
Belle City Electrio Railway Co., operating in Racine and connecting
with the Milwaukee Racine & Kenosha line.
Total mileage, 79 miles.
The company also owns the electric-light plant of the Badger Electric
Co. of Racine and the electric lighting plant formerly belonging to the
Belle City Electric Railway Co.
STOCK &
Common
BONDS—
Date.
Interest.
stock,)
$500,000
M. g. guar.$5,000,000
Outstanding.
Maturity.
nnn
$500,000
«r;nn
J
1899 5
M. - N.
May 1, 1929
1,8 29,000
c* 5 City Trust Co., N. Y., trustee.
($1,000)
Interest at Co.'s office, 30 Broad St., N.Y. Bonds may be called at
110 on any interest date.
The bonds are guaranteed, principal and interest, by the Milwaukee
Electrio Railway & Light Company.
J
Earnings— Fiscal year ending Deo. 31, 1900
$238,836 Expenses—Railway
Gross- Railway
"
53,809
117
Electric light
Other income
716
Electric light. £$191,
Net earnings
$292,762
Total gross
<fe
right on the assets of the company before any amounts shall be payable to the holders of the common stock.
Dividends—All dividends on preferred :to and including Oot,, 1901
(1% per cent), have been paid. First dividend of 1 per cent was paid
on the common stock in August, 1899; in 1900, 3 per cent; in 1901,
Feb., I 1* per cent; Au«. 15, 2 p. o.
See full description of property in application to the New YorkStock Exchange in June, 1895.— V. 60, p. 1148.
Bonds.—The Minneapolis Street Bailway Co. Jointly and severally
with the Minneapolis Lyndale & Minnetonka Railway Co. has Issued
$5,000,000 5 per cent 30-year first mortgage and first consolidated
mortgage gold bonds, of which $830,000 are held in trust by the Farmers' Loan <te Trust Company to redeem the $830,000 prior lien bonds. See>
statement to N. Y. Stock Exchange in June, 1895. The consols are
also listed in London.— V. 60, p. 1149.
The St. Paul City Bailway Company has issued $4,388,000 5 per cent
50-year cable consolidated bonds (including $680,000 held by the
Farmers' Loan & Trust Company, trustee, to redeem the $680,000 prior
Under
lien bonds above) under a mortgage limited to $5,500,000.
the mortgage these bonds can only be issued against the actual cash
cost of construction, under a mileage limit of $15,000 per mile. Part
of these consols ($1,138,000 at latest date), are guaranteed, principal
and interest, by endorsement of Twin City R. T. Co. See statement
Of the first
to N.Y Stock Exchange in June, 1895.— V. 60, p, 1150.
eons. mort. of the St. Paul City, $234,000 were hold Nov., 1900, by the
Farmers Loan & Trust Co., to be exchanged for the $224,000 first
mortgage bond 8. The debentures whioh were due May 1, 1900, were
all taken up by the company.
The Minn St. By. <6 St. Paul Cuy Ry. mortgage of 1901 Is a Joint
issue of the Minneapolis Street Ry. and the St. Paul City Ry. Of the
total authorized, $300,000 is reserved for future requirements. The
rest was used to pay off the floating debt and to provide for $300,000
of old 6% debentures previously paid off.
Road—The entire system consists of 250 miles of standard-gauge road,
all recently built or rebuilt, and thoroughly equipped.
Two doubletrack electric lines, 9 miles long, connect the business centres of the two
cities.
On
the principal streets of the cities 80-lb. rail with welded joints
in concrete was used.
A second inter-urban line was completed and began to be operated
on July 1, 1898, affording direct communication with Como Park and
the State fair grounds. V. 68, p, 522.
and imbedded
The company
The Milwaukee Electrio
Rail-
Light Company.
General office, 451 Broadway, Milwaukee, Wis. New York office,
30 Broad Street.—V. 68, p. 619, 872; V. 70. p. 277; V. 72, p. 283, 937.
WISCONSIN TRACTION LIGHT, HEAT &
POWER CO-
Gross.
$2,145,093
25,623
Total receipts
$2,839,355
Operating expenses
$1,212,252
Insurance and general expenses..
9,489
Injuries and damages
82,948
$2,522,794
$971,342
112,719
72,911
$2,170,716
858,866
102,033
58,493
$1,156,972
$1,019,392
$1,534,666 $1,365,822
$624,325
$628,243
204,750
187,553
(3%)450,300(2i«)375,250
$1,151,324
Total operating
$1,304,689
Net earnings
Interest and taxes
Dividends on 7 p. c. pref. stock
Dividends on common
$1,279,375 $1,191,046
$777,668
$174,776
$255,291
$373,656
Balance SHEET.—Twin City Rapid Transit Company general
balance sheet of December 31, 1900, was as follows
Besources.
Roadway, &c.
)
Liabilities.
.
its
RAPID TRANSIT-
Interest.
e e
3
1895
600?00%l00^i
By. Co.—
1st M., g.,red. atl05.
7
Q-"
J
-
3,000.000
Oct.,
1901,1%
St.
yearly.
QQA
°
1B8
1883
? ,
$
2d mort, gold... o-.tr
g M.
N.
gM.
N.
230,000 Nov.
600,000 Nov.
1.
1,
1910
1913
1st consol.mort. gold,
$5,000,000
c* 1889
4,170,000 Jan. 15, 1919
g J-AJ J.
Paul City By. Co.—
IstM.onrealest'eand ? 1882 6 g A. - O.
224,000 Apr., 1, 1932
horse-car franch
J Exchangeable at 105 for 1st consol.
1st consol. M., gold.. 1884 6 g A. - O.
456,000 Oct. 1,1934
Cab. con., g., see text, 1887 5gJ./5-J.
3,708,000 Jan. 15, 1937
Minn. <t St. Paul Svb. V —
1st M.,g., $500,00i >..c*
450,000 Sept. 1. 1924
Gnar.by Twin City R. ?1899 5gM-S.
Int. at Central Trust Co., N. Y., Trustee.
T. and St. Paul City.. I
Minn. St. dt St. Paul Oi'y By.—
Joint issue tren. mtge., $1,- 1901 5 g J - J
$700,000 Jan. 1, 1911
000/ 00 ($1,000) gold o 5 Int. payable at Cent'l Tr. Co. N. Y., trust.
All bonds are for $1,000 each, and with the exception of tbe Minn.
A St. Paul Sub. Ry. interest is payable at Farmers' Loan & Trust
Company, New York.
Capital stock—The authorized capital stock is $20,000,000, of which
$17,000,000 is common stock and $3,000,000 is 7 per cent cumulative preferred stock on which interest is payable quarterly.
For the preferred stock it is provided that if in any year dividends
amounting to 7 per cent are not paid on said stock, the deficiency
shall be a charge upon the net earnings of the company, and shall
be paid subsequently before any dividend shall be paid upon or
8t.
. .
>
set apart for the
of the company,
common
Total
$31,355,960
MOBILE, ALA.
Maturity.
Population 1900 was 38,469 in 1890 was 31,076;
and in 1880 was 29,132.
MOBILE LIGHT &
$15,010,000 Aug.l5/01,S%
000™oTp°atllo6}
%
$31,355,969
;
C
Minn.
Outstanding.
Funded debt
OFFICERS—President, Thomas Lowry; Vice-President, Secretary and
Treasurer, C. G. Goodrich; Auditor, J. F. Calderwood; General Manager, W. J. Hield. Fiscal Agents, J. Kennedy Tod & Co., 45 Wall
Street, N. Y. (V. 65, p. 1127; V. 66, p. 424, 428, 469, 1209; V, 68,
p. 376. 381, 522; V. 69, p. 1194; V. 70, p. 177, 427, 688; V 71, p. 690;
1168; V. 72, p. 530, 1137, 1189; V. 73, p. 186.
system.
Date.
BondsTunn City Bap. Iran.—
•,
P 6,720
Cash
Total
Stocks
$18,010,000
9,838,000
Unpaid vouchers, etc
44,381
208,817 Trainmen's deposits..
23,275
526 Taxes acoru'd,not due
69,894
Int.
not
due.
89,742
accrued,
206,471
Bills payable
520,000
Dividend payable
225,150
Income acct., surplus. 2,418,798
a.™ QRr aA
^o.ybo,!.*)*
.
road.
&
$657,814
119,854
Total
Balance, surplus
Population of Minneapolis and St. Paul combined in 1900 was
366,350; in 1890 was 297,894; and in 1880 was 88,360.
Cable and electric
CITY
Stock
1898
1899
$2,476,880
45,914
Miscellaneous
Materials and supplies
as part of
to Sept. 30.
Net.
Int.
$2,814,205
25,150
MINNEAPOLIS, MINN.
Organization—The company was organized under the laws of the
Stat© of New Jersey, June 3, 1891, and by virtue of its stock ownership of the underlying companies (to wit: The Minneapolis Street
Railway Co., The St. Paul City Railway Co. and the Minneapolis Lyndale & Minnetonka Railway Co.), it controls and operates the entire
street railway system of Minneapolis and St. Paul.
Also owns the entire capital stock ($300,000) of the Minneapolis
& St. Paul Suburban Ry. (organized June 1, 1899), which it operates
Anthony's Falls (capacrun the entire railway
1900
Receipts from passengers
Receipts from other sources
Securities in treas. \
Notes & accts. receiv..
,
St.
dt Taxes.
Balance.
$2,340,165
$1,271,319
$660,774
$610,545
2,102,029
1,121,023
627,152
493,871
Annual REPORT— Fiscal year ends Dec. 31. Report for 1900 was in
V. 72, p. 530, showing results on the entire property as follows:
9 Mos.
1901
1900
Organization— This company was incorporated at Milwaukee in
August, 1900, with a nominal capital of $10,000 (since increased to
$1,000,000), for the purpose of uniting certain small properties in
the Fox River Valley; will also form.it is thought, a link in a line
from Chicago to Green Bay, Wis. The North American Co. is interested.- V. 71, p. 493. In Nov., 1901. negotiations were ponding fortue
oontrol of the Fox River Valley Electric Ry. and the Appleton Electric
Light <fe Power Co with a view of consolidating them.
Interest. Outstanding. Maturity.
Date.
STOCK and Bonds.—
Stock. $1,000,100 ($ 00)
(1)
5g. J-J
July 1, 1931
1st mortgage $3.0oO,000> 1901
(1)
Milwaukee
gold
$Int.
Trust
c*
at
Co., Mil., trustee.
($1,000),
Bonds.— Entire issue may be called on any interest date at 110. No
einkingfund.
Road.— Operates 15 milfs of track, connecting Neenah, Menasha
and Kaukana, and 5 miles locally in the city of Appleton, making a
total of 20 miles of track.
OFFICERS.— President. John I. Begus, Milwaukee, Trea«arer, Henry
D. Smith, First Natiunal Bank building, Appleton, Wis.— V. 72, p. 935;
V. 73, p. 186, 288.
TWIN
power at
leases water
ity 10,000 h. p.), which power is now used to
system in both cities.— see V. 64, p. 704.
Latest Earnings—Nine months
Interest, $86,867; taxes, etc., $5,477.
Officers and Directors—Same as
way
$101,046
63
stock. In case of liquidation or dissolution
the holders of the preferred stock shall have prior
RAILROAD-Trolley.
Organization—A consolidation on Sept. 1, 1 901, of the Mobile Light
& RR. and the Mobile 8treet RR.; the franchises of both companies
were extended on eept. 12, 1901, to March 12, 1955. For terms of
new franchise tee V. 73, p. 616. It was intended originally to include
also the Mobile Gaslight & Coke Co. and the Electric Lighting Co. of
Mobile, but this part of the scheme was abandoned. V. 73, d. t54.
Date. Interest. Outstanding. Maturity.
STOCK & BONDS
Stock, $2,250,000, par $100
$2,250,000
1st mortgage, gold ($1,000)..
400,000 June 1, 1937
1897 5g. J-D
Consolidated mortgage, gold? 1901 5g. M-S
800,000 Sept 1,1941
($1,000), $2.250,000.... c* Int. at N.Y Sec.A Tr. Co., N.Y.,Trustee.
240,000 May 1, 1923
St. KR. 1st mortgage, J 1893 6g. M-N
gold, $350,000
c* I Farmers' Loan & Trust, N. Y., Trustee.
Interest at Nat. City Bank, New York, and Canal Bank, New Orleans.
Bond»-Ot the $2,250,000 mortgase of 1901, $700,000 is reserved
for prior liens.
Road, Etc.— Owns 37 miles of track in Mobile and extends to
Spring Hill, Whistler and Monroe Park, Company also owns " Monroe Park " water power and 320 acres of land; also electric light
plant of capacity of 6,000 incandescent lamps and 30 arc lamps, with
power circuit and power house.
OFFICERS— President, W. H. Patterson Sec. and Treas., C. W. ChaseV. 61, p. 282 V. 72, p. 989, 1080; V 73, p. 236. 287, 554, 616.
Mobile
—
;
;
MONTGOMERY, ALA.
Population 1900 was 30,346;
and
in 1880
was
in 1890
16,713.
was 21,883;
RY.-A
MONTGOMERY STREET
Aug. 1,1894. Has
trolley road.
consolidation.
not exclusive franchise. In Feb., 1901, purchased the
Organization— a
a perpetual but
West End Street
—
:
STREET RAILWAYS.
54
Ry. and Is now operating it. On May 7. 1901, the Montgomery Street
By. received from City Council authority to connect Its tracks with
the Montgomery Subun an St. Ry.
Maturity.
STOCK. BONDS. ETC. Miles. Dale. Interest. Outstand'g
$290,000
1893 6g. F-A
1923
290,000
$350,000, sold.. I Interest at Farmers' L. & T., Trustee, N. Y. City.
Botuis—The bonds unissued may be sold at the company's discretion.
Road— Owns 14*3 miles of trolley road, not including the West End
road. President, J. W. Dimmick; Treasurer, G. W. Craik.— V. 71, p.
StO0k.93d0.000
mortgage for
1st
S3,t-
-,
\
U'.'.i
p. 391.
MONTGOMERY
SUBURBAN
RY-
ST.
The statement below is imperfect. Mr. Jones, the Treasurer, says:
have no information to give."
STOCK
Stock
J
:
&
BONDS—
Date.
Interest.
Outstanding.
Maturity.
$100,000
None, Feb., 1899
Mortgage
(I)
Road In Feb., 1899, operated 4*2 miles of track and road.
OFFICERS— President. Henry Fonde; Treas. and Man., H.
Sec, Edward A. Graham.— V. 61, p. 70.
—
S.
Jones,
MONTREAL, CANADA.
Population
in
216,650;
was
1901
AND
266,820; in 1891
IB 1881
was
was
155,237.
MONTREAL STREET RY--A
NASHVILLE, TENN.
Population 1900 was 80,865;
and
in
in 1890 was 76,168;
1880 was 43,350.
NASHVILLE RAILWAY-A trolley system.
Organization—This
Railway, the Nashville
the stock of the
a consolidation of the Nashville
is
Street
& Suburban and theCitizens' Rapid Transit. All
Cumberland Electric Light & Power is held by the
Baltimore Trust
it Guar. Co. in trust for the bondholders of the Nashsyndicate represented by the Baltimore Trust & Guarantee Co. aud Ilambloton & Co. of Baltimore and Kountze Bros, of New
York backed the undertaking. Includes all the street railways in
Nashville. On Jan. 19, 19t>0, Chanoellor Cook of Nashville dissolved
the temporary injunction which restrained the carrying out of the consolidation
Franchises are perpetual.— See V. 72, p. 1238.
The coupons due Feb 1. 1901. on the $2,300,000 consols of 1900
were purchased by the Baltimore Trust & Guar. Co. Messrs. John B.
Ramsay, John N. Steele, Fred. W. Colston, Wm. C. Seddon and R. Lancaster Williams were appointed a committee to look after the interests of the bondholders, and a majority of the bonds has been deposited with the Baltimore Trust & Guarantee Co. under their call.
Rece vemhip— Foreclosure proceedings have been begun, and June
21, 1901, Judge Clark in the U. S. Court at Chattanooga appointed
Percy Warner and E. C. Lewis, receivers. In Aug., 1901, R. Lanoaeter
Williams and Fred. M. Colston of the bondholders' committee, acting
for a sj ndicate. purchased the share holdings of r. Edward Hambleton and the Bait. Tru*-t & Guarantee Co. V. 73. p. 392. Receivers
have been paying up the past-due coupons on prior lien bonds. No
plan of reorganization had been adopted up to Nov. 10, 1901. V. 73,
p. 957.
Date.
Interest.
Outstand'g. Maturity.
BONDS—
STOCK
Stock ($6,500,000 auth.)
$5.47",000
Citizens' Rapid Transit 1st > 1890
6g. J-J
60,000 Julyl, 1910
M., $100,000, gold.
( Int. at Trust Co. of Nor. Am.. Philadelphia.
McG.&Mt.V.Sum'rSt.lstM. 1886
6 J-J
1926
65,000
Do 2dseries
1887
6J-J
485,000
1937
L»o 2d mortgage
1889
6 A-O
200,000 Oct. 1,1919
Nashville & Edgefield—
Consol. mort., $400,000... 1889
6 J274,000 Jan.1,1920
Nashville St. Ry. COnsOl. M. ) 1MR =„ T t
an*, nnn Jan.1,1925
i.„i iao*
1895
JJ
975,000
5
g.
$2,000,000, gold $1,000. \
Nashville Ry 1st consol M., J 1900 5 g. F-A
2,873,000 Feb.1,1950
g. ($1,000), $6,500,000.0* (Int. at Bait. Trust & Guar. Co., Trustee,
and Kountze Bros, 120 Broadway, N. Y.
Stock and Bonds— Of the $6,500,000 1st con. mortgage, $2,(60,000
are reserved to retire underlying liens and $1,567,000 held for future
extensions or for new property. Bonds cannot be called, but the
Na-hville Railway is required to pay to trustee all surplus above 5 per
cent on outstanding stock (but not in excess of $50,<'0 annually),
and this is to be devoted to purchase of bonds at not above 110 and
interest. Of the Nashville St. Ry. consol. mortgage of 1895, $1,025,000
are in escrow to redeem underlying bonds.
Road— Operates 66 2 miles of track.
EARNiNGS-For nine months to Jan. 1, 1900, including Electrio
Light, gross, $53\252; net. $263,530; interest, $106,995; taxes,
$45,801; net surplus, $110,734.
Officers— (February, 1901).— Pres't, Percy Warner; Secretary and
Treasurer, N. P. Yeatman, Nashville.— V. 68. p. 672, 724, 824, 977.
1133, 1226; V. 70, p. 176, 280, 1095; V. 72, p. 283, 438, 1238, 1280; V.
73, p. 392,723, 957, 1011.
A
ville Ry.
&
trolley road.
Organization— Chartered May
18, 1861. Franchises expire in
In March, 1899. authority was received fiom the Dominion
Parliament to increase the stock to $10,000,000 from time to time. In
March, 1900. shareholders authorized the issue of $l,oo0," 00 of the
new stock (making the amount outstanding $6,000,000) for betterments, new cars. etc. Shareholders were allowed to take t^e stock at
par. On July 10, 1901, purchased the Park & Island Ry. of 40 miles
for $1,100,000, The purchase includes $967,000 i>onds, 3,150 shares
ofpref stock and 4,289 shares of com. stock; of the common stock,
$58,000 is still outstanJing. The purchase price is to be met by new
stock or bonds at the discretion of the directors.
Date. Interest. Outstanding. Maturity.
STOCK AND BONDS—
$6,000,000 '00-1 10%
Stock, $10,000,000; par $50
1888 5 ' S
292,000 Mar.l.'08
J
Stalin* debentures
Sterling
} Int at Bank of Montreali London. Eng.
1893 *>« F-A
$68 1.33 J Aug. 1. '22
\
Sterling debentures
jint. at Ba nk of Montreal, London. Eng.
Under trust deed of Aug. 10, 1893, the debenture 5s and 4»a8 are
of equal rank.
Report— Report for year ending September 30 shows
Contingent
Balance,
Tear end.
Gross.
'Net.
Account.
Dividends.
Survlus.
Sept. 30—
$l,90o,R79 $649,251
1901
$50,000 (10) $551,700
$47,^51
1900
1,769,904
647,246
50,000
(10)512.500
84.746
1899
630,871
50,000
(10) 478,333
102,538
1,600,775
After charges.
Road— Owns 85 miles of track.
OFFICERS— Pres., L. J. Forget; V -P.. James Ross; Sec.W. G. Ross.
- V. 67. p. 1000; V. 68, p. 524; V. 70, p. 480, 584; V. 71, p. 1 1 1 7; V.
1922.
M
.
-
^
73, p. 82, 957.
NATICK, MASS.
MONTVILLE, CONN.
Population
in
Population 1900 was 9 488; in 1890 was
and in 1880 was 8,479.
1900 was 2,395; in 1890 was 2,344.
RY.-A troUeyroad.
MONTVILLE STREET
Organization— Incorporated under laws of Connecticut, and began
operating on June 5, 1900. Supplies power for operating the Norwich Street Ry. Owns private right of way over a good part of line.
Maturity.
Date. Interest. Outstand'g.
BONDS
STOCK
$250,000 July.l 901. 3%
Stock, $300,000 ($100)
250.000 May 1, 1920
1st M., $350,000 ($1,<'00)> 1900 5 g. M-K
gold (cannot be called) c* > Int. at American Loan & Trust Co., Boston.
Bonds—Of the 1st mtge. gold holds, $100,000 are held in escrow,
and can only be Issued for 66 per cent of actual certified cost of improvements or additions to property. Original mortgage provided
that bonds might be called in 1905 at 105,iiut through a supplemental
mortgage tin* redemption clause was eliminated, so Donds aie not
sow subject to call Messrs. E. II. Gay <fc Co. placed the bonds.
EARNiNGS-For year ending June 30, 1901: Gross, $78,225; net, $39,922; taxes and charges, $16,100; divs., $15,000; bal., surp., $8,822;
Dividends— First dividend (3 percent) was paid on Jan. 1, 1901, and
3 p. c. was again paid in July.
Road—Owns 10 68 miles of road, connecting the cities of New London and Norwich, Conn.; under contract 2-77 miles; to'al. 13 43 miles;
laid with 60 lb T rails, and operating 6 closed and 8 open oars.
OFFICERS— President. W. A Tucker, Boston; Treasurer, P. L Saltonetall, 53 State St., Boston; Secretary, W. A. Briscoe, Norwich, Conn.—
&
-
V. 71, p. 182, 342; V. 73, p. 185.
NATICK & COCHITUATE
MUSCATINE ELECTRIC
Bros. Manufacturing Co., who subsequently sold a half interest In the
propert> to L. W. Prior, of Cleveland, Ohio.
Its charter is for 25
t Organization— Chartered in February, 1893.
years, and* its franchise for operating street railways gives it, so it is
said, the exclusive right to do street railway business In the city for
the same period. 25 years. The gas and electric light franchise is to
operate and maintain within the city gas, electric light and power
works, and the city agrees to take not less than 21 arc lights and 270
gas street lamps for ten years. Home El. L. &. P. Co. acquired In 1896.
Maturity.
Date. Interest. Outstand'g.
BONDS—
Stock
1897
8,
6 p.o.; in 1898-9, 8 p. c; in 1899-1900, 8 p.
Earnings— For years ending
Gross.
—
Sept.
Net.
o.
30
Inl.ditaxes. Dividends. Bal.,sur
1899-1900
1898-99
1897-98
$8,000
$68,812
$14,689
$5,519
$1,170
8.000
64.371
13,762
4,247
1,515
273
2,287
6,000
55,490
8,561
OFFICERS— Pres., Harrison Harwood; Treas., R. W. Harwood; Clerk,
F. H. Hayes; Supt., F. P. Quackenbush, all of Natick.
NEENAH,
AVIS.
Population 1900 was 3,954; in 1890 was 5,083, and
1880 was 4,202.
MENASHA
&
WAY-A trolley road.
NEENAH STREET
in
RAIL-
Purchased July 1,
and motive power
changed from horse to electricity. Road was extended to Appleton
and Lake Winnebago. Stock (par $50), $25,000; 1st mortgage, $25,000.
Owns 4 miles of track.
Organization, Etc.— Chartered in 1885-86.
Dagnon Improvement
1897, by
Co. of Cleveland, O.,
NEGAUNEE, MICH.
Population 1900 was 6,935; a 1890 was
1880 was 3,931.
6,078,
and
in
NEGAUNEE & ISHPEMING STREET RAIL-
WAY & ELECTRIC—
Organization Consolidation of the Negaunee <fe Ishpemlng Street
Railroad Co., the Negaunee Electric Light Co. and the Ishpeming Eleotric & Gas Co. Capital stock authorized, $150,000, of which 9» ,000 in
treasury; no bonded debt. Dividends, 4 per cent. Unfunded debt on
April 1, 1901, $14,000. Owns 4^ miles of track and an electrio lighting plant.
OFFICERS— President. Sam'l Mitchell; Vice-President, F. Braastad
Secretary and Treasurer, A. B. Miner.
&
$300,000
Stock
150,000
Jan. 1, 1913
lstmort.. $150,000, gold. J 1898 6g. J-J
call at par Jan. 1, 1908
to
Co.,
Subject
Manhat. Trust
trai
'
Annual Report— For the sears ending June 30 earnings were: In
1900 01. gross, $89,813; In 1899-1900 gross, $66,436; In 1898-99,
groBf, $5S,617; net, $18,855.
Road Operates 8 miles of track.
Officers— President. L. W. Prior, Cleveland; Vice-President and
Secretary, H. W. Huttlg; Treasurer, C. E. Denlson, Boston-— V. 67,
p. 480; V. 68, p. 619.
ST. RY.-Trolley road.
Organization— Extension from Cochituate to Wayland Centre competed in July, 1899, increasing length of road to 18 miles. 8tock,
$100,000, par $100. No bonds. Unfunded debt Sept. 30, 1900, $66,957.
Dividends— In 1894-5, 3 p. c; in 1895-6. 5 p. c; in 1896-7, 6 p. c; in
MUSCATINE, IOWA.
Population 1900 was 14,073; in 1890 was 11,454, and in
1880 was 8.295.
RY-TroUey and light.
by
Harry
W. Huttig, of the Huttlg
purchased
was
In March, 1899,
9,118;
NEW
ALBANY,
Population 1900 was 20,628;
and
in
1880 was
IND.
in 1890
16,423.
NEW ALBANY RAILWAY-A
was purchased
was
21,059,
trolley road.
at receiver's sale by
23, 1901, this property
Richard L. Veechof Louisville, Ky., for $56,100, who is now the owner.
r oad Operates 7 miles of track and road.—V. 64, p. 800; V. 72, p.
On May
—
1080.
—
:
;
.
STREET RAILWAYS.
road.
RAILROAD.-A
HIGHLAND
1895. Succeeded on December
Incorporated
NEW HAVEN, CONN.
trolley
in
Organization—
1895, New Albany Highland RR.,
1,
sold in foreclosure.
Stock $25,000. 1st mortgage, $75,000, Incomes for 5 years, dated
1896, 5 per cent, J. & J., Issued $56,000, due January 1, 1921.
ROAD—Two miles of track.
Officers— President, Henry Terstegge; Vice-President, John H.
Shrader.jr.; Secretary and Treasurer. Frank H. Gohinann.
NEW
BEDFORD, MASS.
Population 1900 was 62,442; in 1890 was 40,733,
and IN 1880 was 26,845.
DARTMOUTH
An
&
WESTPORT STREET RY.-
electric road.
Organization, Etc.—Stook, $150,000; 1st mort., $150,000, dated
1895, gold, o* ($1,000 each), 5s A-O, issued $90,000, due April 1, 1915.
trustee, International Trust Co., Boston, where interest is payable.
DlV'DENDS-In 1895-6, 9^ p. c; in 1896-97, 8 p. c; in 1897-8, 8
p. c; in 1898-9. 8 p. c; in 1899-1900, 8 p. c; in 1900-1901, 8 p. c.
Road -Connects cities of Fall River and New Bedford. Owns 9*84
miles of track and operates in all 1997 miles of main track.
Earnings— Fiscal year ending Sept. 30, 1901, gross, $119,545; net,
$41,660; interest, taxes, etc., $14,014; dividends, $12,000; surplus,
$15,6*6. President and Treasurer, H. H. Crapo of New Bedford; Sec,
Robt. S. Goff, Fall River.
MIDDLEBORO & BROCKNEW BEDFORD
Massachusetts
Now
by
TON" ST.
RY-
Electric
the
controlled
Companies, which see under Boston.
UNION STREET RAILWAY -A trolley road.
Organization— incorporated March 18, 1887.
Interest Outstand'g. Last
Date.
Stock & Bonds—
55
div., etc.
Q-F $600,000 Nov.,1901,2%
Stock,$6<>0,000(par$100)
400,000 Jan. 2, 1914
5gJ-J
Consol. M. for $500,000, < 1894
Trust Co., Boston, trustee.
Colony
g., 8. i., not subj. to call ( Int. at Old
Dividends—In 1893-94 6 per cent; in 1894-95 4 per cent; in 1895-6,
8 p. c; 1896-97, 10 p. c; in 1897-8, 6 p. c; in 1898-99, 8 p. c; in
1899-1900, 8 p. c; in 1900-1901, 8 p. o.
ROAD— On Sept. 30, 1901, owned 29 87 miles of trolley road (measured as single track).
Earnings— For years ending Sept. 30.
1901.
1900.
1900.
1901.
Gross earns... $272,859 $249,640 Dividends paid.. $48,000 $36,000
24,479
Net
102,528
98,738 Bal.,sur.,for year 9,525
38,259
Int. .taxes, etc. *45,003
Population 1900 was 108,027; in 1890 was 86,045;
and IN 1880 was 62,882.
RR.-Atrolloyroad.
Organization— Incorporated June 20, I860.— V. 64, p. 134. On Nov.
1. 1898, the New Haven Street Railway was purchased for $200,000
stock and $500,000 one-year notes (which were taken up when due),
and consolidated with the F. H. & W.— V. 67, p. 843, 955.
In May; 1900, obtained control of the New England St. Ry., acquiring, it is reported, $750,000 of the $1,081,925 stock of the latter company. The New England St. Ry. controls the Winchester Avenue
road, with the possession of which the Fair Haven & Westville will
control all of the street railway lines in New Haven, as well as an extensive system to surrounding localities. A sale of the New England
St. Ry. Co. holdings of stock in the Winchester Avenue was subseWestville, but suit
quently made at $49 a share to the Fair Haven
was brought by the late Israel A. Kelsey to compel delivery of the
shares to him, claiming to have an option on them. On March 4, 1901,
FAIR HAVEN & WESTVILLE
<fe
the N. J. Court of Appeals decided in favor of the purchase of the
Fair Haven & Westville, but up to Nov. 1, 1901, purchase had not yet
been consummated.
STOCK AND BONDS—
Par.
N
S
'g°:,fssum'dhyF!H
New Haven
Diind's.
Outstand'g.
Maturity.
$25 Q-Jan. $3,000,000 Oct, 1901, 1*4
2 3 3 000
1893 5 « M" S
S e Pt- *. 19 33
Stock auth. ($5,000,000)
& W.' }
.
Street Ry.
Sept. 1,1913
1st mort., gold ($600,000)..) 1893 5 g. M-S 600,000
$500 and $1,000
5 Int. at trustee, Am. L. & Tr. Co., Boston.
J-D
250,000 June 1, 1914
lstpurch'eM.$250,000g..c. > 1894 5
$1,000 not subj. to call... $ Int. at trustee, Am. L. & Tr. Co., Boston.
S'ock.— The capital stock was increased in November, 1898, from
$900,000 to $2,000,000, to pay a dividend of 100 per cent in stock und
to meet part of purchase price of New Haven Street Railway, and in
Oct., 1899, was further increased to $2,500,000 to retire the $500,000
one-year notes issued to effect the purchase. In July, 1901, was again
increased to $3,000,000 for the purpose of clearing off its floating
debt and to build an extension to Derby. V. 73, p. 82.
Dividends.—On April 1, 1899, lVi P c; July 1, 1*4 p.c; Oct.l, 1^ p.c.'
in 1900, 5 p. c; in 1901, Jan., 1*4 p. c; April, 1*4 p. c; July, 1H p. c;
Oct., 1^4 p. c.
New
ROAD—In July, 1900, consisted (not including New England Street
Railway or the Winchester Avenue) of about 65 miles of track, emOld F. H. & W., 20 miles, extending from
bracing following lines
Fair Haven via Chapel Street, New Haven, to Westville, with branches
to steamboat wharf, out East Chapel Street, to railroad station, etc.;
New Haven & North Haven Street Railway, 2-2 miles; New Haven &
Centreville, 7% miles; former New Haven Street Railway lines, aggregating about 35 miles, and radiating from the business centre of New
Haven ("The Green") to East Rock Park, Fort Hale Park, the old
Government Light house and the Point, and the adjacent bathing
beach, Lake Whitney and Lake Saltonstall, the suburban villages of
Morris Cove, Whitney ville, East Haven, Centreville and Westville; also
to Mt. Carmel, Cosey Beach and Mansfield's Grove. After the absorption of the "Winchester Ave. RR., the total track will be 90 miles.
EARNINGS— For years ending June 30 earnings (on 65 miles) were as
MIDDLESEX & SOMERSET TRACTION CO.
1899.
1900.
1889
$576,176 Dividends
$106,250 $129,000
69,922
Net
229,865 Interest
68,643
Taxes
28,800 Balance, surp. 46,213
3,422
OFFICERS— President. Henry S. Parmelee; Vice-Pres., Samuel Hemingway; Sec. and Treas., Leverett Candee. Directors, H. S. Parmelee,
John B. Carrington, Samuel Hemingway, E. Hayes Tro abridge, Geo.
D. Watrous, James S. Hemingway, Wilbur F. Day, Samuel E. Merwin,
I
|
i
|
*
Including $5,752 for temporary bridge construction.
Officers— President and Treasurer. H. H. Crapo; Vice-President,
Thos. B. Tripp; Secretary, C. A. Cook; Supt., E. E. Potter,
Bedford.—V. 63, p. 1061; V. 70, p. 947, 1050.
all
of
:
follows
1900
$591,801
259,405
37,020
Gross..
NEW BRUNSWICK,
N.
was
was
Population 1900
20,006
and
;
was
in 1880
in 1890
17,166.
J.
18,603
—A trolley road.
Organization— Incorporated
at Trenton, N. J., in Feb., 1900, as a
consolidation of the Brunswick Traction Co., New Brunswick City Ry.
and the N. Y. & Philadelphia Traction Co., which had long been
held in the same interest.
Date. Interest. Outstand'g.
Maturity.
Bonds—
STOCK
Stock, $1,500 000
$1,500,000
Brunswick Traction mtg..g.) 1896 5g. J-J
500,000 July 1. '26
($1.000),c* cannot be called 5 Fidelity Tit. & Dep. Co. of Newark.Trus.
&
Middlesex
ld dlesex ^Somerset Trac,
^
™ ^ToT
1Qellt y ilt &JJe P Oo.,
$
Co* Vewark
Newark,
^$l,000,M.,$l,500,000.'c^^
^*f &;
s
Bonds.—Of the newmtge. 5s of 1900 $500,000 are reserved to retire
the Brunswick Traction gold 5s, due July 1, 1926. New bonds cannot
-
be called before maturity.
ROAD— Comprises 51 miles of track covering territory in and around
New Brunswiok: Bound Brook division running from New Brunswick
to Raritan through Bound Brook, Finderne and Somerville; also
through Lincoln to Dunellen, connecting with Plainlield, Elizabeth
and New York, in all about 20 miles of track; through Bonhampton
tr> Metuohen, 8 miles, also to South Amboy, through Milltown, South
River and Sayreville. ltt miles of track.
Officers— President, Gottfried Krueger, Newark, N. J.; Vice-President, Andrew H. Radel. Bridgeport, Conu.; Sec'y and Treas., Edward
H. Radel, New Brunswick, N. J.—V. 63, p. 29; V. 70, p. 229, 230, 382,
532.
_
NEW
CASTLE, PA.
Population 1900 was 28,339;
AND
NEW
CASTLE
Organization—
of
IN 1880
WAS
TRACTION-A
Incorporated Jan. 12, 1897, and took 999-year leases
Street Ry. and New Ca-«tle & Mahoningtown St.
New Castle Electric
Rental one- thiid of gross receipts, and as a minimum for first
years $15,000 yearly to New Castle Elec. St. Ry. and $5,000 yearly
to New Castle <fe Mahoningtown Street Ry.; thereafter $18,000 and
$7,000 respectively.
Interest.
Outstanding,
Dividends.
Stock
Bonds— Date.
Ry.
five
&
Stock, $500,000 ($50)
1st M., $500,000, g.)
M&N
$500,000
500,000
1897
5 g.
May 1,1927
Interest at Union Trust, Pittsburg, trustee
BALANCE SHEET JUNE 30, 1901.
AssetsLiabilities—
Coat of road and equip. $609,585 Capital stock
$500,000
Stocks other companies
500,<*00 Funded debt
500,000
$1,000
c*
5
Ca*h
8.396
238,240
Open accounts
Bills payable
Accounts payable
278,500
22,938
54,783
Surplus
Total
Total
$1,356,221
Road—Owns 20 miles
of track.
$1,356,221
Rails, 66-lb. to 80-lb. girder.
Latest Earnings— 3 mos.,?1901
Gross, $11,070: net, $16,607
July 1 to Sept. 30.
Gross, 41,928; net, 19,293
J1900
Earnings—Year ending June30,1901, gross, $122,747; net, $39,060;
In 1900, gross, $137,493; net. $58,054.
Officers— President, R. R. Quay, Pittsburg, Pa.; Sec
E. E. Hamilton, New Castle, Pa.; Gen'l Manager, Gaylord
and Treas.,
Thompson,
I
|
all of New Haven.— V. 64, p. 134; V. 67, p. 843, 955; V. 69, p. 905; V.
70, p. 996. 1095; V. 71, p. 698, 1311; V. 72, p. 480; V. 73, p. 32, 82.
MANUFACTURERS' RAILROAD CO-
in May, 1896. Owns road l 1^ miles in
length, used only for freight purposes, running from a freight depot to
a manufacturing section, part of the way on private land and part on
OrganizatiON— Organized
Power is obtained from Fair Haven line. Company owns
one electric locomotive. Capital stock, $20,000; all issued. No bonds.
Bills payable June 30, 1900, $14,000.
Earnings-— For year ending June 30, 1900, gross, $7,216; net,
the streets.
$3,143; taxes. $580; interest, $722.
$2,483; taxes, $200; interest, $719.
In 1899, gross, $6,553; net,
Officers. —President, George S. Barnum; Vice-Prest., N. W. KenFrank L. Bigelow; Treas. & Gen. Mgr., S. J. Fox.
dall; Secretary,
NEW ENOLAND STREET RAILWAY.
under
laws
Organization— Incorporated
in February, 1893,
the
of
to control street railways in the New England States. In
Nov., 1894, acquired control of a large majority of the stock of the
Winchester Av. RR. Co. of New Haven, Conn. (18,000 out of 32,000
shares. Formerly also controlled the Plymouth & Kingston Ry. Co.
of Plymouth, Mass., but in 1899 disposed of its holdings in the latter.
See V. 63, p. 229.
In May. 1900, the Fair Haven & Westville gained control of the New
Englanrt Street Ry., and th-* directors of the latter then arranged for
a sale of the company's holdings of the stock of Winchester Avenue
RR. to the Fair Haven
Westville at $49 per share, the stock of the
New Jersey,
&
New England
in 1890 was 11,600;
8,418.
trolley road.
I
Street Ry. t be reduced by the amount of the proceeds.
The late Israel A. Kelsey claimed to nave held an option on the Winchester Avenue stock on behalf of the A. M. Young syndicate, and
brought suit to compel delivery of the stock to him. In the meantime,
the Fair Haven & Westville elected new directors and new officers for
the New England Street Ry. in its own interest, as below
While the
question of purchase of this property has been settled favorably to
the Fairhaven & Westville RR. Co. by the courts, sale had not been
completed in Nov., 1901
Last Div.
Par. Dividend. Outstanding.
STOCK.—
°
>
00
authorizld.'
.
00
:
.
\
$25 text Q.- J.
$1,081,925
Apr.,
1900,%
Dividends: In 1895, 4^4 p. c; in '96, 4% p. c; in '97, 3^ p. c; in '98,
2^4 p. c; in '93. Jan., 3 p. c; in 1900, Jan., % p. c .; Apr., % p. c
July
and Oct. dividends passed. In 1901 Jan. and April dividends passed.
OFFICERS— President, Henry 8. Parmelee; Vice-Pres., Samuel Hem;
ngwa^; Sec. and Treas., A. E. Pond, New Haven, Conn —V. 63, p.
229; V. 70, p. 740, 842, 895, 946, 997, 1095; V. 71, p. 84, 237.
(1)
WINCHESTER AVENUE RAILROAD-A trolley road.
Organization —The New Haven & West Haven RR. Co., has been
absorbed by consolidation. In December, 1895, leased West Shore
Railway for 99 years, guaranteeing interest and 5 per cent dividends.
&
—
Last div. etc.
$800,000
Oct., lOOl.l^
500,000
Nov. 1, 1912
5g. M.-N.
(
1st M. gold 1892.. c*&v\ Interest at 1st Nat. Bank, N. Y., and in Boston
at Safe Deposit & Trust Co.
(
STOCK— In May, 1897, the Legislature authorized an increase of
capital stock from $600,000 to $1,000,000 and extension of the tracks.
In April, 1899, stockholders voted to issue $200,000 of the additional
stock, raising amount outstanding from $600,000 to $800,000.
Stock
Bonds
Stock, $1,000,000
Par.
$25
Interest.
Q— J.
Outstanding.
STKEET RAILWAYS.
oti
Dieitie tuts— In July, 1900, div (lends were reduced from an 8-per-oent
to a 5-per-oent b.iBonds— The bonds are loint obligations of the Winchester Avenue
RR. Co. and the Sew Haven A West Haven and cover all property
owned or to be hereafter acquired under the charters.
Road— Operates 98*48 miles of track, of which 19'58 owned. Its
lines extend to Union Depot. Savin Rook, City Point. Evergreen Cemetery out Congress Ave. to Boulevard; also Crosstowu line to Head
Mi West Shore Ky.— which see.
Annual REPORT— For years ending June 30: In 1901,
15t>;
m
gross, $287,-
and rentals. $32,841; taxes, $16,646;
interest
2;
divi-
dends. $40,000; bal. sur., $9,075. Ill 1900, gross, $278,891; net, $84,689; interest, $25,960; taxes. $16,318; dividends, $70,000; bal., def.,
V. 69, p. 28 I; V. 70. p. 740, 843; V. 71. p. 237; V. 72, p. 481;
V. 73, p
WEST SHORE RAILWAY— A trolley road.
ft (2)
Organization— commenced operating July 1, 1894. From Deo.,
1895, road was leased for 99 years to Winchester Avenue Railroad,
Interest and dividends at 5 per cent per auimiu being guaranteed.
STOCK
BONDS— Miles. Dale. Interest. Outstanding. Maturity.
Stock, $200,000 ($25)
5
$80,000 f.p. 5% div. guar.
1st M
July 1, 1914
30,000
$30,000, gold, > 39 1894 5J-J
subject to call
s Interest at Merchants' Nat Bank, New Haven.
Road Owns road 3 9 miles In length, extending from Savin Rook to
Woodmout in the towns of Orange and Milford. Also has trackage over
Winchester Avenue Line to centre of New Haven. Rails T 60 lbs.
-V. 62. p 86.
&
—
-
NEW
LONDON, CONN.
ORGANIZATION— Incorporated in 1886,
Int.
Miles. Date.
Stock & Bonds—
SUx-k($oOO,000 auth.)
trolley road.
perpetual franchise.
Last div., etc.
$250,000 July,1901, 2%
Oct. 1, 1923
140,000
let M., $150,000. gold. 718 1893 5gA-0
Interest and dividends are payable at American Loan & Trust Co.,
Boston. Of the mortgage for $150,000 the balance unissued is reserved
to be applied under laws of Connecticut for new property, as needed,
at not exceeding 75 per cent of its cost.
Dividends Julv, 1894,21a p. c; in 1895. 6 p. c; in 1896, 7 p. o.; in
1897, 7 p. c; in 1898,7 p. c; in 1899, 5 p. c; in 1900, 4 p. c; in
1901, Jan., 2 p. c; July, 2 p. o.
Road— Owns 8*07 miles of road (single track) laid with 48-lb. T rails.
Latest Earnings— 3 mos., ) 1901.... Gross, $30,758; net, $17,044
£1900.... Gross, 28,178; net. 14.139
July 1 to Sept., 30.
Annual Report— For years ending June 30: In 1901, gross, $65,181; net, $24,384; interest and taxes, $11,136; dividends, $10,000;
surplus, $3,248. In 1900, gross, $55,925; net, $22,143; inteiest,
$5,970; taxes, $3,600; dividends, $10,000; bal. sur., $2,573.
OFFICERS— President and Secretary, Walter Learned, New London;
Treasurer. William A. Tucker; Superintendent and Purchasing Agent,
Lorenzo Bentley.— V. 61, p. 611; V. 62, p. 684.
NEW
ORLEANS, LA.
in
GOULDSBORO
ALGIERS
375 miles with animal power.
Road—
&
companies are assumed and guaranteed by the new company.
STOCK
Com.
&
Bonds—
Date. Interest. Outstand'g.
stk ,$100, $2,500,000
Do
GRETNA-
$25,000.
A. Roupuch.
NEW ORLEANS
CITY RAILROAD.-In
1899
PStocks'and Bonds—
Date.
Interest.
Maturity.
Outstand'g.
Common stock
$5,000,000
2,500,000 July,1901,2k
Pref. stock, 5 p. c. cum
July 1, 1943
3,200,000
4-5 g.
*t»„„r. itf
e-5 0^nfinri( 1898
M., sm,^5U,uou
New gen.
} Int at 4 p c for 5 y r8 ana 5 p
thereafter,
8 0iQ
(
Nat.
Bank.
Louisiana
payable at
D.
RR.,lst
M.
1879
J-D
398,500
c.
6
1, 1903
New Orl. City
New Orleans City & Lake) 1893 5gJ-J 2,601,500 Jan. 1, 1943
1st M. for $3,000,000 \ Sub. to call for s.f. on & aft. July 1, '98 at 110
c* ) Int. payable at New Orleans Nat. Bank.
gold, $500 Ac
h U
P8°
N
120,000 June 1, 1917
1897 6gJ-J
M$l .0
lRt
The new preferred stock is to elect a majority of directors until dividends thereon for five years have been paid, and to have a preference;
as to assets and dividends. No Hen is to be created without the assent
of a majority of the preferred stock.
The new general 4-5s have a first mortgage on the lines of the old
Crescent City RR., and a lien after the consol 5s of 1893 on the lii es
of the New Orleans City A Lake. They also have an equal lien with
the consoL 5s on the equity in the power house. Of the Issue, $250,000 are to be reserved for new property.
Dividends— Paid dividends of 2k p. c. on preferred in July, 1899
In 1900, 5 p. c; in 1901, 5 p. 0.
Latest Earnings— 9 mos., ) 1900. Gross,$l, 118, 640; net, $143,685
1,010,963; net,
77,670
5 1899. Gross,
J an. 1 to Sept. 30.
balance sheet dec 31, 1900.
~ Asset*—
Liabilities
$2,500,000
Property and franc's.. $13, 879,075 Preferred stock
5,000 000
7,068 Common stock
Bonds and stock
2-^,560
5 i>. c
2,601,500
Materia and supplies.
3,150,000
Prepaid accounts
9 ,91 7 Bonds, 4-5 p.c
18.600
7,903 6s due Dec, 1903
Ac, receivable.
Power-house
6a
128.000
72,761
Accts.
payable,
payreal
estate
8p*<ial
rolls, etc
39,422
57,000
(value. $70,000)
18,200
3,750 Employes' secnr.dep..
8. F. power house bds.
Coupon accounts
143,184
Dividends
6 ,332
Profit and loss
22,496
-
do
1882
$i
K:.
Total
:
and 39 W.
F
A
1902
1906
90,000
95,000
6F-A
1893
gold
6F-A
350,000
Do consol.
M.. $2,000,000
r$500 and $1.000)
)
5
1899
5 J - J $1,465,000
Interest at office of company.
5ionR
i
j^
Feb.,
1933
Interest at Hibernia Nat. Bank, N. O.
b0
1896 «« M " N
750 000
Ma* !' 1946
M i S800 000 1 In
terest at New Orleans office.
S
($500 & $1,000) ....
Edison Eleo. of N.O.l'stM { 1899 5 J- J
2,500,000
Jan. 2, 1929
la
° "nsoi"
'
($l,000)s.f.,$2,500,000c* 5 Ainer. Loan & Trust. Boston, trustee.
Merch's Eleo. Co. 1st M
5
300,000
Bonds.—Of the $2,000,000 N. O. & Car. consols authorized in 1899
$535,000 are reserved to take up a corresponding amount of old 1st and
sixes.
& CarroUton RR*
earned: Gross, $708,575; net, $345,983 In 1899: ©ross, $620,509;
net, $276,000.
Road— Operates 40 miles of trolley track; gauge, 4 feet 8k inches.
OFFICERS— President. J. K. Newman; 1st Vice Pr*st., J. H. De
Grange, 2d Vice-Prest., Chas. H. Newman; Sec and Treas., W. V.
Crouch; Asst. Seo'y and Auditor, W. B. Brockway; Manager, A. H.
Ford; Supt. Equip., H. A. Davis.— V. 66, p. 520; V. 68, p. 429; V. 72,
p. 533, 776; V. 73, p. 82, 138, 554, 723.
ORLEANS RAILROAD-A
trolley road.
A syndcate headed by H. H. PeaTson Jr.
control of all the New Orleans roads.
of Philadelphia is seeking
Organization—Chartered July l, 1887.
Date. Interest.
STOCK & BONDS—
Stock, $500,000, par $50
Outstand'g.
$250,000
18,000
Last div. etc
See text.
Apr. 30, 1912
....
6 M-N
$1,000 subject to call May 1 yearly at par.
Mort., $300,000, gold, c
1895 6 J-J
300,000
1912
89 ? 6
100 00
1912
Second mortgage,
gold....
c.**
«
"5™e D 5"
,
in
»
j jj a y De called at par after 10 years.
Dividends—June, 1894, Ik p. c. In 1900, April, 1 p. c; Oct., 1 p. 0.
In 1901, none.
Road— Operates 11 miles of track; gauge 5 feet.
Officers— President, Emillen Perrin; Secretary and Treasurer,
Chas. J. MacMurdo; Supt., V. L. Willoz.-V. 69, p. 1346; V. 73, p. 554.
RnTlr, a
Domls
J
(
jH
>
^
'
& PONTCHARTRAIN RY.
Organization— Incorporated in July, 1901, for 99 years, snd purchased the franchises of the Orleans & Jefferson Ry. which was chartered in 1898 to construct a road from New Orleans to West End and
Lake City, La.
Date. Interest. Outstand'g.
Maturity.
STOCK
BONDS—
Stock, $350,000 (par,$100)
(?)
Road—To be 10 miles of track on 8 miles of road. Construction
will begin about Jan. 1, 1902, and road to be completed by May 1,
1902.— V. 73, p. 900.
ST.
CHARLES STREET-A
Total
$14,066,634
$14,066,634
18 miles of track; equipped with 300 electric mo-
E. trail cars.
trolley road.
A Philadelphia syndicate is seeking control of
all
the
New Orleans
roads.
Organization— Organized in 1866. Franchise said to expire in 1906.
Maturity.
Interest.
Outstand'g.
Date.
STOCK & Bonds—
Capital stock, $50
text, Q- J
See text.
$1,000,000
IstM. $15,000 pd.y'ly
June, 1901
15,000
1881
6 J -D
Interest paid by National Bank of Commerce, N. Y. City.
Dividends in 1897, 6 p. c; in 1898, 5k p. c. In 1899,
1900, 5 p. c in 1901, Jan., Ik p. c; Apr., Ik p. c; July,
;
Ik p. o.
Road— Operates 12
OFFICERS— Sec and
5k p. o. I»
Ik p.c; Oct.,
miles of track.
Treas., N. Riviere.- V. 73, p. 554.
NEW
PHILADELPHIA, OHIO.
and
1890 was
1900 was
road.
TUSCARAWAS RR.-A
Outstand'g.
Maturity.
Population
in
in
6,213,
trolley
4,456.
Interest.
Stock and Bonds— Dale.
$150,000 Oct. j/, '01,
Stock, $150,000 ($100)
6 g. J-D
100.000
June 1, 1916
1st mtge., *100,000, < 1898
\ Int. at Cleveland Tr. Co., Cleve., O., Trustee.
($500i, gold
Road. -Owns and operates 10 miles of track from New Philadelphia
to Uhriohsville. Ohio.
p. o. each were
DlViDENDS-In 1900 three quarterly dividends of
paid. In 1901 Jan. dividend passed; April,
p. c; July, Ik p.c,
Oct. 31, k p. o.
Earnings-—Calendar year 1900, gross, $31,020; net, $14,135; in
1899, gross. $26,881; net, $12,057.
Officers— President, F. T. Pomeroy, Cleveland; Vioe-Pres., J. A.
Rutherford; Sec, Treas. & Oen. Mgr., Wm. Akins, New Philadelphia.
k%
k
NEW YORK
Population
in
1900 (Greater
CITY,
New
IN
k
N. Y.
York) was 3,437,202;
Manhattan and Bronx was
.
tors
rnnnn
ou,wu
-
Interest at Hlbernia Nat. Bank, N. O.
Do 2d mortgage,
.
;
div., etc.
&
acquired the property of the old New Orleans Traction Co. sold at
foreclosure and reorganized in accordance with plan published in V.
67. p, 736. Of the constituent companies of the New Orleans Traction Co the Crescent City was sold at foreclosure and its property acquired free from all incumbrances, and the New Orleans City & Lake
taken over subject to the liens mentioned below.
In Hept., 19' 1, an Eastern syndicate, headed by H. H. Pearson, Jr.,
of Philadelphia, was negotiating for a controlling interest in this comcommon stock, and offering to
f>any. offering $35 per share tor the
ease the road for 6 per cent on the preferred stock, with the alternative to the B> ndloate of buying the preferred shares at 112k. Options
were requested on the shares at those terms. See V. 73, p. 554,616.
Road—fi
Last
$2,500,000
Pref. stk., $100, $5,000,000)
5
5 per oent cum
N. O. & Car.lst mortgage ..
1882 6
—To be a trolley road.
Capital stock, $25,000; bonds
President, Treasurer and Supt., A. M. Halliday: Gen. Mgr.,
See
plan V. 73, p. 82.
NEW ORLEANS
in 1890 was 242,039;
1880 was 216,090.
Population 1900 was 287.104;
and
Organization— This company is a consolidation in Sept., 1901, of
the New Orleans A CarroUton RR, the Edison Electrio Co. (V. 68, p.
570) and the Merchants' Eleotrio Lieht Co. The bonds of the respective
Earnings— In calendar year 1900 the New Orleans
Outstand'g.
j.j
j
NEW AND POWER
& CARROLLTON RR.
LIGHT ORLEANS
CO.
2d
Population 1900 was 17,548; in 1890 was 13,757;
AND IN 1880 WAS 10,537.
NEW LONDON STREETandRY-A
has
Officers— President, R. M. Walmsley; Secretarv and Treasurer, J.
G. Woods, New Orleans.— V. 68. p. 86, 187. 429, 525, 824, 926, 1226;
V. 69, p. 1247. 1248; V. 70, p. 328, 530, 740, 946; \. 71, p. 1270; V.
73, p. 392,495,554,616.
2,050,600;
1890 was 1,515,501; and in 1880 was 1,206,299
See Investors' Supplement.
MANHATTAN RY-
METROPOLITAN STREET RAILWAYUndertrround trolley and horse.
Organization—Chartered on Nov. 12, 1893, and by consolidation,
lease and otherwise has acquired control of practically all the street
railways of Manhattan Island except the Manhattan Elevated. The
latest acquisition was the purchase and lease in 1900 of the Third
Avenue Railroad.
J
J
y
.
1
STREET RAILWAYS.
The Metropolitan Street Ry. has absorbed by consolidation the
following companies, embracing the " lines owned."
IN 1893—
IN 1894 AND 1895—
Honst. West St. A Pavonia Ferry.
Metropolitan Crosstown.
Chambers St. & Grand St. Kerry.
Lexington Ave. & l'av. (Terry (Cable).
Broadway Railway.
Columbus & nth Ave. RR. (Cable).
South Ferry RR.
In addition the companies shown in the table of mileage as "leased
etc," have been acquired from time to time by lease or stock ownership. The latest acquisitions are: In July, 1896, the New York &
Harlem RR.; in 1897 the Centra) Crosstown (in eluding Christopher
and 10th Street) and Second Avenue. The miles of track operated
has thus been increased as follows: From 80 in 1893 to 131 In 1894,
to 140 in 1895, to 172 in 1896. to 212 in 1901. The acquisition in
1900 of the Third Avenue system adds 216 miles more of track, making
ft grand total of nearly 430 miles of track.
The Elm Street Connecting Railway Co. was incorporated in May,
1900, in the interest of the Metropolitan Street Ry. to build a line on
Elm St. from Centre St. to Great Jones St. and through Lafayette
Place, a distance of 6,000 feet, as a short route for the 4th Avenue line.
In March, 1900 (V. 70, p. 584), purchased in the open market a controlling Interest in the Third Avenue Railroad and in April, 1900, took
a lease of the same. In July, 1900, built a strip of road across Manhattan Street, connecting the Metropolitan system with the Third Ave.,
and began running cars through from the Battery to Fort George.
New Electric Lines.—The Broadway line was changed from cable to
underground trolley on Sunday, May 26, 1901. V. 72, p. 1055,1080.
The Lexington Ave. Line was converted May 5, 1901, and the Columbus Ave. line May 11, 1901. In addition the company is using its underground electric system on Eighth Ave. line from 158th St. to Battery
Place; over the entire Fourth Avenue line; over the greater portion
of the Second Ave. line; over the 23d Street line, and over the Sixth
Ave. line via 59th Street and Amsterdam Ave., over the branch of
the Third Avenue Railroad to Fort George, and over the 7th Avenue
line. V. 66, p. 337, 520, 616; V. 67, p. 530, 736, 956; V. 72, p. 936,
989, 1080.
In August, 1899, began to operate the Twenty-eighth Street and
Twenty-ninth Street lines exclusively with air-power cars, but in
May, 1901, road began using horse cars again. In July, 1900, began
operating cars by the electric storage battery system on the 34th
Street Cross-Town line.
In July, 1901, the New York Electrical Vehicle & Transportation Co
inaugurated an express service on the Eighth Ave. line. See V. 73,
p. 35.
For decision
New York Supreme
Court adverse to the validity of
the franchise, under which the Lexington Ave. extension of the Houston West Street & Pavonia Ferry RR. and also the line across 116th
Street
was
in
built, see V. 72, p. 45.
As
to the relative earning capacity of the horse, cable and underelectric lines of the system see President Vreeland's statement in V. 67, p. 956; also V. 69, p. 489.
The New York Gas & Electric Light, Heat & PowerCo., incorporated
In Nov., 1898, with capital of $25,000,000, will distribute to the public, together with its own current, the surplus current of the Metropolitan St. Ry.— V. 67, p. 1263. The Metropolitan St. Ry. is largely
Interested in the International and American Air Power Co.— V. 68, p.
130. In November, 1894, President Vreeland was quoted as saying
that the American Air Power Co., to the presidency of which he had
Just been elected, and which operates the compressed-air cars run over
the cross-town lines, had been "practically under the control of that
company since its formation." V. 69, p. 1060.
&
BONDS—
Date.
Interest.
Outstanding.
Maturity.
Q-J $52,000,000 Oct./*, 01,1%
600,000 Apr. 1, 1920
M j Int189at° N 5 YA.-0.
Security & Tru8t Co ft, y City
Stock ($100), $52,000,000
Metronol
Crosst 11st
at M. $
metropol. crosst.
;
(
2d mortgage
1890
5 M-N
300.000 Mayl,1900*
Lex. Av.& P. Ferry 1st M.,< 1893
5g M-S
5,000,000 Sep.1,1993
gold
c*&r ( Interest at Nat. Union Bank, New York.
Columbus & 9th Ave. <
1893
5g. M-8
3,000,000 Sep. 1, 1993
1st mort., gold, cfer. ( Trustee is Guaranty Trust Co., N. Y. City.
Metropolitan Street Ry.—
Gen. coll. tr. M., $12,500,- ) 1897 5g. F-A
12,500,000 Feb. 1, 1997
000 g. ($1000, &c).c*<fcr \ Int. at NatL Union Bank, N. Y.
So. Ferry 1st guar. , $1,0 00
>
QQQ
i889
-
1350,000........!;...... \
Mort. on car stable prop- ) , QQQ
lay
ertles to Mutual Life.
\
—
In October, 1897, a distribution of 20 per oent in debenture certificates (paid off Oct. 15, 1898) was made to Traction stockholders. (V.
65, p. 620.)
Bonds— The Lexington Avenue <& Pavonia Ferry 5* and Columbus A Ninth Avenue js were fully described in V. 60, p. 1146. Both
were guaranteed and later assumed by the Met. Street Ry. Co.
The general coll. trust mortgage of 1897 Is secured by deposit of the>
stocks (par value) of the Broadway & 7th Ave., $1,400,000; 42d Street
& Grand Street Ferry RR., $400,000; Central Park N. & E. River RR.,
$300,000; 34th Street Crosstown Ry., $990,000; also all property of
H. W. St. & P. V. RR., Chambers St. & Grand St. Ferry RR., Broadway
Ry., So. Ferry RR., Met. Crosstown Ry., Lex. Ave. & Pav. Ferry RR.,
Columbus & 9th Ave., and Ft. Lee Ferry Extension; also leasehold
Interests, contracts, real estate (valued as below stated), etc. See application to N. Y. Stock Exchange in V. 65, p. 826.
Investments— (See official list in V. 65, p. 826.)—The following 1»
the par value of the principal stocks and bonds of subsidiary street
railways, which in Jan., 1901, were the property of the company:
Broadway & 7th Ave., stock.. $1,406,200 28th & 29th Sts. (all), stock. .$1,500,000
263,700
336,900 North & East River
Cent. Pk. N. &E.Riv., stock.
16/.000
443,000 2dAve.,stock
42d St. &Gr'dSt. Fer., stock.
|
84th St. Crosst'n
Fulten St. RR
(all),
stock.. 1,000.000
500,0.0
~
5A_ °
-
.
350,000 Apr.
1,
1919
holders at $160 per share in Dec, 1900. V. 71, p. 1290. The issue
in the conversion of 23 miles of cable traction to underground
electric, and for other improvements. V. 70, p. 996.
ROAD-— The statement below includes all traofes owned by the Metropolitan Street Railway Company, all tracks owned by companies
leased by the Metropolitan Street Railway Company, all tracks leased
from companies not in the Metropolitan System and from city of New
—
York.
Track owned
(electric,
27-33
1943
1904-1924
Jan.,
1909
1906
Jan.,
Jan. 1, 1950
Dec, 1902
Jan. 1, 1909
Nov.,
1909
Jan.,
1909
Feb. 1, 1948
Feb.,
1914
Dec.
Roads Leased—
)
S
10-76
15-16
19*43
18-75
7-78
19-41
15-10
24-70
12-07
4-12
RR
Ninth Avenue RR
Second Avenue RR.
Sixth
RR
Avenue
Twenty-third Street
Ry
14728
Total traok leased (electric, 88-27; horse, 59-01;)
194-77
Grand total (electric, 115-60; horse, 79*17)
The following shows the roads separately operated, with the tracks
owned by them:
4*15 miles
4-76 "
1-16 "
"
*97
"
6-73
Central Cross-town Railroad
Christopher & 10th Sts. Railroad
Fulton St. Railroad
34th St. Crosstown Railway
28th & 29th Sts. Cross-town RR
17*77 miles
Total
Adding the foregoing
to the 194-77 miles included in the earnings
of the Metropolitan Street Railway report, as above, we get a total of
212-54 miles of tracks included in the Metropolitan System.
These tlgures do not embrace the Third Avenue Railroad system,
which comprises 216*18 miles of track. Including this, the total of
track owned and controlled by the Metropolitan is raised to 428*72
miles.
Equipment.— The following
in earnings,
is the equipment for the lines included
but not embracing the lines separately operated:
Number owned.
Equipped with
Motors.
Box cars
Open cars
Other cars.
522
248
1,2 5
12
36
10
14
26
2,097
820
2,048
1,255
631
125
23
2
12
Mail cars, combination....
Express cars,
air.
,
Freight cars
Service cars
Snow
plows....
Sweepers..........
fenders.
13
.
63
125
23
2
Oct. 1,
Real ESTATE—The real estate in New York City (see V. 65, p. 826),
owned in fee, subject to the general mortgage & collateral trust
1,19 8
Nov.1,1995
deed of 1897 (including $2,450,000 subject to the prior lien of the
Lexington Avenue mortgage) was valued in February, 1900, at $6,257,019; owned by subsidiary companies, $7,039,750; total, $13,296,769.
Annual Report— Full statement for year ending June 30, 1901,
1996
Apr. 1, 1996
Nov. 1,1922
Oct.
,
Dividends—The dividends paid have been as follows, those prior to
1898 having been paid on the Metropolitan Traction Stock, which was
Increased in 1892, from $20,000,000 to $30,000,000, and in October,
1897, was exchanged dollar for dollar for stock of Street Railway Co.:
cent.
Miles.
47-49*
horse, 2016;)
Bleecker Street & Fulton Ferry RR
Broadway & Seventh Avenue RR
Central Park North & East River RR
Eighth Avenue RR
Forty-second Street & Grand Street Ferry
1,
below.
Year—
;
Equipment.
'These bonds, maturing on May 1. 1900, are all held by the Metroand up to Jan., 1 901 had not been taken up.
The Bleecker St. and Fulton Ferry bonds were formerly 7 per
cents and fell due Jan. 1, 1900, but were extended as 4 per cents.
Stock— As to increase of authorized capital stock in July, 1898, to
$45,000,000, and in May, 1900, to $52,000,000, see General Finances
Per
(?)
of general
was used
—
M
RR
mortgage and collateral trust bonds were sold to provide for changes in
motive power, etc.
In Aug., 1898, $15,000,000 additional stock was authorized (making
$45,000,000), of which $10,000,000 was allotted to stockholders at
par in exchange for the $6,000,000 debenture certificates (which were
called October 15, 1898). and to provide $4,000,000 for change of
motive power; the remaining $5,000,000 was alloted to stockholders
at par August, 1899. V. 66, p. 337, 900, 1237; V. 67, p. 178, 320; V.
69, p. 27. In May, 1900, stock was inoreased by $7,000,C00, making
This new stock was offered to the sharea total of $52,000,000.
1902
950,000
M
politan Crosstown,
Third Avenue
General Finances.— In July, 1897, $12,500,000
. . .
Lessor Companies
Broadway & 7th Ave. consol.1893 5g. J-D 7,650,000
Do underlying bonds
'83, &c, 5 p. c. 4,850,000
23d St. 1st
1893 6 J250,000
Do debentures
1886 5 J150,000
Bleecker St. & Fulton F. I stM. 1876 4 J700,000
Central Pk. No. & E.R. 1st M. 1872 7 J-D
1,200,000
42d8t.&GrandSt. Fer. lstM.1894 6 J236,000
2d Ave. 1 st mortgage
..
5 M-N
1,600,000
2d Ave. debentures
5
J-J
231,000
2d Ave. 1st oonsol. mort
18^8 5g. F-A
4,579,000
8th Ave. certificates of iodebt.1884 6 F-A
1,( 00,000
Third Avenue RR. -See that company's statement.
Companies separately operated
28th&29th8t. Crosst. 1st M.l 896 5 A-O
1,500.000
34th St. Crosstown 1st M
1896 5 A-O
1,000,000
Central Crosstown 1 st
1882 6 M-N
250,000
Christopher & 10th Sc. 1st M.1898 4^ A-O
210,000
Fulto n St. RR IstM
1895 4 M-N
500,000
461.60©
Cent. Crosstown. stock
New York & Harlem RR
ground
STOCK
57
55777
1892. 1893. 1894. 1895. 1896. 1897. '98. '99. 1900.
'5
3 None.
5
5
in V. 73, p. 613.
Gross earnings
Operating expenses
Net earnings..
Other income
.
.
Balance
Dividends
Balance, surplus.
'01.
»
1899-00.
$18,785.(84
6,631,254
1898-99.
$12,300,470
6,048,143
1897-98.
$9,938,606
5.300.486
$7,308,661
65«,98l
$7,15',8S0
652 050
$6,252,027
704,560
$4,638,008
647,298
,$7.P65,635
4^34,0i58
~$7,S05.880
4,445,720
$6,956,677
4,317,621
$5,285,367
3,439,797
.
Total income...
Fixed charges.
1900-01.
$14,063,782
r
ti, /55,13L
$3,431,667
»(7) 3,393,262
$38,305
$3,'-60,lf0
$2,639,056
$1,845,570
(7)3,146.891 (6^)2.471,675 (6) 1,600,000
$214,269
$167,381
$345,570
During last half of 1POO-01 dividends were paid on $5?,000,00OJstock.|
STREET RAILWAYS.
58
the growth Ol the company's system.
LINES CONTROLLED.
LINES INCLUBU) IN KAKNS. — (CODU'l.)
ir.
Miles. Pui/'« i'liss. TratisJers
Ymr. MQm. Ptii/'u Paw. IVMiftn.
273.575,217 l-'6.172.<m
19<0<1. 2i2^ SOMl-.W 1M.-wh.S-8 1899 00.. .195
The followiug sbows
All.
1
I
21;
l8ft*-fu
1898-99... 195
1897-98. ..195
1896-97. ..198
1805-86.. .179
1384-96.. .140
LJ
12 .
1896 09
1807 98 .213H
866.603,073
134,878
ie20.070,511
105,411
LINES INCLCfED IN IABJJIN
19C0 01.. 195
('.
141,78
251.2«'6.193
128.865,lttl
ms.770.101l
177,718,083
145,965,851
00.380,411
56.920.011
28,450,006
9,071,007
109,686, 172
Officers— Pres H. n. Vreeland Vtee-Pres., D. B. Hasbrouck; Sec
and Treas.,C. E. Warren; Auditor D. C. Moorehead; Purch. Ag't, A. C.
,
;
298,987, 818.616.848.
Companies coutrolled by Metropolitan Street Ry.
BLEECKER STREET A FULTON FERRY RR.— A
Jan. 10, 1876 for 99 years
;
cent on $700,000 bonds and
horse road.
Leased to 23d
st. Ry. Co.
lease assigned to Met. St. Ry., rental 7 per
1*2 per oent per annum on stock.
Organization— Chartered Deo.
STOCK &. BONDS— Par.
12, 1864.
Outstanding.
Interest.
Us J.- J.
Stock
100
1st mortgage, gold. .1,000
Maturity, etc
See text
$900,000
1950
4 J.-J.g.
700,000
The first mortgage bonds for $700,000 were 7 per cents until Jan. 1,
1900, when they fell due and were extended by the Bleecker street
A Fulton Ferry Co. at 4 per oent, on the same lien, and made payable
in gold.
Road— Owned 10-76 miles. Operated under trackage
miles; total track operated, 11 18 miles.— V. 69, p. 1344.
BROADWAY & SEVENTH AVENUE— Change
(3)
to
rights, 42.
underground
electric occurred in August, 1901.
Leased May 13, 1890,
26, 1864.
for unexpired term of charter and for any extensions of the same
to Houston West St. A Pavonia Ferry, now Metropolitan St. Ry. Co.
Rental— Interest on bonds and 10 per cent on $2,100,000 stock, of
which Metropolitan Street Ry. Co. owns $1,406,200.
Organization—Chartered May
Stock
&,
Bonds—
Par.
Interest.
Outstanding.
Maturity.
Stock
100
10 Q. -J
$2,100,000 See text
Is Mortgage of 1883
1904
5 J. - D.
1,000
1,500,000 June,
8d Mortgage of 1884. ...1,000
1914
5 J. - J.
500,000 July,
B'way Surface 1st guar.. 1,000
1924
5 J. - J.
1,500,000 July,
do 2d M. int. as rent.. 1,000
1905
5 J. - J.
1,000,000 July,
Bo. Ferry 1st guar
1,000
5 A. - O.
350,000 Apr. 1, 1919
By.&
7th Av. Con. M.of ) 1,000
5 g. J.-D.
7,650,000 Deo. 1, 1943
T
93 for $12,500,000. \ Interest
Intere
at Guaranty Trust Co. of New York.
Of the consol. mort. of 1893, for $12,500,000, $4,850,000 is reserved
to retire at maturity the other bonds in the table. The outstanding
consols paid for laying the Broadway cable. The consols are guaranteed, principal and interest, under the terms of the mortgage by the
Metropolitan Street Railway Co., which now owns the Broadway line
south of 15th Street. They cover the road owned in fee, also the right
to use the tracks on Broadway from 15th Street to the Battery; they
are also a direct lien on the cable, eto. Trustee, Guaranty Trust Co.
The Broadway & 7th Avenue assumed the Broadway Surface
1st mortgage bonds for $1,500,000 and payment of interest on the seoond mortgage bonds for $1,000,000, for use of tracks between 15th
Street and ferry. South, Ferry 5s. assumed under lease.
ROAD— Including Broadway Electric, 7th Ave. and South Ferry lines:
owned 15'16 miles; operated under trackage rights, L97 miles; total
track operated, 1713 miles.
.
Index— V.
(3)
58, p. 733; V. 73, p. 287.
Office
621 Broadway.
Organization- Chartered March 28, 1873. May 28, 1890, leased
the < hristopher A Tenth St. RR. at 8 p. con stock and interest on debi.
In May, 1897, control was obtained in the interest of the Metropo tan St. Ry., which owns $461,500 of the stock.— V. 64, p. 1001, 1042.
Par.
Interest.
Outstand'g. Maturity.
Stock
BONDS.—
Stock ($600,000,
100 7 Q. - J. $600,000
See text
lstmortgage
1,000 6 M. - N.
250,000 Nov. 1, 1922
Ixcidends.— In fiscal year 1893-4 paid 7 p. c; in 1894-5, 7 p. c; in
1895-6, 8^ p. c; in 1896-7, 10 in 1897-8, 10; in 1898-99, 10 p. 0.; in
1899-1900, 10 p. c; in 1900-01, 10 p. o.
Road— Track owned is 4-15 miles; leases from Christopher & 10th
8t. RR., 392 miles.
Including trackage rights from Metropolitan,
total track operated is 14 miles.
&
;
Latest EARNINGS-Three months
3 months—
Gross.
Net.
to
June
30:
Oth. inc.
Char pes.
Surplus.
1901
1900
$154,211
$45,390
$1,395
$24,631
$22,154
160,233
48.806
24,222
1,299
25,883
Annual Report— For years ending June 30.
Tr. inJuneZO.
1901.
1900.
1901.
1900.
Gross earnings. $590,295 $613,678 Taxes & rent ) <*.,,.- QQ ~ a. lnQ A . n
£*105,8J5
$108,050
Net
156,467 183.494 Interest
Other income...
5,773
5,535 Surplus
56,345
80,979
I
|
I
|
CENTRAL PARK NORTH A EAST RIVER. -Horse road.
Organization—Chartered July 19. 1860. LEASE— Leased to Metropolitan Ry. Co. Oct. 14, 1892, for length of charter and renewals thereof
at 8 per cent on stock till Oct. 1, 1897, thereafter 9 per cent (V. 55, p.
894).
Metropolitan St.Ry. owns $336,900 of the stock.
STOCK
&
BONDS—
Par.
Stock. (8ee rental below.)..
Interest. Outstanding.
100 text Q.—J.
1,000 7 J.— D.
1,800,000
1,200,000
Maturity.
See text
Dec. 1, 1902
lstmortgage
Coupons payable at Bank of New Amsterdam, New York City.
Road— Owns 59th St., East and West, with branch to South Ferry,
1943 miles; operated under trackage rights, 590; total track operated,
2533 miles. Weight of rail per yard from 47 to 98 lbs., standard gauge.
(5)
CHRISTOPHER A TENTH STREETS RR.-A horse road.
Organization— Chartered April 25, 1873. Leased to Central Cross
town May 1, 1890, at 8 per cent on stock and interest on bonds.
Outstand'g. Maturity.
Interest.
Par.
STOCK &. BONDS
$650,000 Pee text
8
Q. -J.
210.000 Oct. 1,1918
4
A. -O.
X) lsts were extended 20 yrs. from Oct. 1, 1898, and in
.000 bonds were issued at same time to take up the Real
V. 67, p. 370.
1« Mortgage of similar amount.
Road— Track owned Is 4-76 miles. Including trackage rights from
Metn polltan, total track is H 97 miles.- V. 67, p. 370.
100
Stock
let
M. ext. in 1898
1,000
1
((J)
EIGHTH AVENUE
RR— Underground trolley road.
Chartered Jan. 10,1858. Road is leased to Metro
pel;Ry. tor 99 vears from Jan. 1, 1896, at rental of $215,000
p*-r annum, which provide" for interest on the scrip, 15 per cent dividends on stock and $5,000 additional. V. 62, p. 40. Underground
electric traction system used between 158th and Battery Place.— V.
Organization
r
67,
p.
178, 956.
BONDS.— Par.
Interest.
Maturity.
Outstand'g
See text.
Quar.
$1,000,000
100
Feb., 1914
6F. ds A,
1,000,000
100
Scrip
Scrip is subieot to call at par on any interest day.
ROAD— Total track owned and operated, 1875 miles.
INDEX— V. 59, p. 780; V. 61, p. 364, 871, 925, 967; V. 62, p. 40.
(7)
FORT GEORGE & ELEVENTH AV. RR.—To be an underground
trolley road.
Organization— Incorporated Nov. 19, 1898, in the interest of the
Met. St. Ry. to build a Hue from 130th St. and 11th Ave., along 11th
Ave. to 175th St., aud another from 145th St. and llth Ave. easterly
through 145th St. to the Harlem River. Stock authorized, $3,000.000. V. 67, p. 1109. Franchise granted December, 1889, for 25
years, with privilege of renewal for another 25 years; 4 p. o. of gross
receipts to be paid the first five years, 6 p. c. the second five years, 8
per cent the third five years, and 10 per cent the remaining years of
operation. The road to become the property oi the city at the termination of the franchise (whether original or renewed) upon payment
for the same in aocordauce with definitely-prescribed rules. The Kingsbridge franohise was granted the 3d Ave. RR. upon the same terms.
(8)
FORTY-SECOND
A GRAND ST. FERRY— A
ST.
horse railroad.
Organization— Chartered February 16, 1863. Leased to Metropolitan street Railway Co. from May 13, 1893, for duration of charter and
renewals thereof at 18 per cent on stook, payable in lawful money.
Met. St. Ry. owns $443,000 of the stock. Only a portion of the road
is being operated, with enough cars to hold franchise.
Maturity.
Outstanding.
Interest.
STOCK BONDS— Par.
See text.
$748,000
Stock
100
18 Q.— F.
Jan. 1,1909
236,000
1st M. extended.... 1,000
6 J. -J.
Road— Owns 7-78 miles; operated under trackage rights, 1-85 miles;
total track operated, 9-63 miles.
&
(9)
FULTON STREET RAILROAD—A horse road.
Organization.— Stock
STOCK
&
all
BONDS—
owned by the Metropolitan
Date.
Interest.
St.
Outstanding.
Ry.
Maturity.
$500,000
500,000 Nov. 1,1995
(
1895 4g. M-N
p. and i. Met. St.Ry.o* ( Trustee, Guaranty Trust Co. of New York.
Earnings— For year ending June 30, 1901, gross, $45,671: net,
$15,233; other income, $250; charges, $21,880; deficit, $6,397. In1900, gross, $45,897; net, $12,270; other income, $250; charges, $21,Stock, $500,000
1st M„g., ($1,000), guar.
769; deficit $9,249.
Road— Traok owned is 1-16 miles.
Metropolitan, total track operated is
(10)
Including trackage rights from
miles.— V. 62, p. 277.
200
NEW YORK A HARLEM RR.— Underground electric railroad.
Organization— Chartered April 23, 1831. Owns also a steam road
leased to New York Central, its securities, which cover the electrio
line, being described under the title New
A Harlem among steam railroads in the Investors' Supplement.
In Julv, 1899. the Metropolitan Street Railway Co. bought from the
New York & Harlem the car-stable properties at Thirty-second Street
roads as well as the steam
York
and Fourth Avenue and at 86th
St.
and Madison Ave
for $1,350,000.
—V. 69, p. 180, 542. 591.
The electric (formerly horse)
lines (19-41 miles of track) were leased
to the Metropolitan Street Ry. for 999 years from July 1, 1896, for a
rental of $350,000 per annum the first five years and $400,000 per
annum thereafter.— V. 62, p. 1088. Line operated electrically from
March, 1898, from City Hall to 135th Street. In Jan., 1900, arrangements made with the Third Ave. RR. Co. for running cars to Ann St.
-V. 70, p. 125.
OFFICERS— President, William K. Vanderbilt.—V.
p.
CENTRAL CROSSTOWN RR.-A horse road.
(±)
&
;
Directors-P. A. K. Widener, W.
Tullv. office. 621 Broadway, N. Y.
L. Eli) us. Tlios. Dolan, Titos. F. Ryan, Herbert H. Vreelaiul. D. B.
Hasbrouck, Chas. E. Warren. Henrv A. Robiuson ami H. P. Whitney.—
V. 70, p. 185, 381, 480. 584,740, 798, 945, 996, 1049. 1150, 1249; V.
71, p. 135, 236 288 192.542,544, 861. 863, 1181. 1870, 1311; V.
V. 73, p. 32, 138,
72, p. 15. 283, 339, 627, 936, 989, 1034, 10S0, 1237
(1)
STOCK
Stock
62, p. 1088; V. 69,
180, 542, 591, 645.
(11)
NINTH AVENUE RAILROAD—A horse
railroad.
Organization— Chartered July 29, 1859. The road is leased to the
Metropolitan Street Railway Co. for 99 years from April 20, 1892.
Rental— For first 5 years $48,000, which is equal to 6 per cent on
oapital stook ($800,000), and thereafter $64,000—8 per cent on same.
Stock, $800,000; par $100; dividends, Q.— J. Road— Fulton Street to
126th Street, total track owned and operated, 1510 miles,
(12) SECOND AVENUE RR.—Mostly underground electrio.
Organization —Chartered Jan. l, 1853. Leased for length of charter to the Metropolitan Street Ry. at 8 p. c. on the stook for three years
from March 1, 1898, and 9 p. 0. thereafter— V. 66, p. 185. Changed
to underground electrio system in April, 1898, as far as Stuyvesant
8quare, cars running thence over 4th Avenue line to City Hall. By
agreement with Third Ave. Co. (Jan., 1900.) cars now run to the Post
Office building, at Ann St., and will soon connect with the Broadway
Line for South Ferry.— V. 70, p. 125.
Qftiiritifs
Stock
—
Interest.
Par.
Outstand'g. Dividend.ttc.
Q.-M.
See text.
$1,862,000
1,600,000 Nov., 1909
1,000 5 M. & N.
231,000 Jan., 1909
1,000 5 J. A J.
Debentures
4,579,000 Feb.1,1948
1st con.M„g.,$7.000,000> 1,000 5 g. F. A A.
1897,guar.,p.&i.end.c* £ Guaranty Trust Co., Trustee.
Of new 1st consol. 5s, $1,831,000 are reserved to retire securities of
earlier date, balance for improvements, equip., etc. V. 66, p. 900.
Road— Track owned. 24 70 miles; operated under trackage rights
4-83 miles; total track operated, 29-53 miles.
INDEX-V. 65, p. 276; V. 66, p. 616, 900.
100
8
lstmortgage
(13)
SIXTH AVENUE RAILROAD— Underground
trolley.
to Metropolitan Street Ry. Co. Feb. 1, 1892,
for 800 years. Rental now $145,000 per annum. (V. 61, p. 925.)
Stock, $2,000,000; par, $100. An extra dividend of 38 per cent was
paid in August, 1901, out of proceeds of sale of stable property at
Sixth Avenue and 43d Street. Road, including Lenox Ave. branchtrack owned, 12-07; operated under trackage rights. 2-32 miles; total
track operated, 14 39 miles. In Feb.. 1899, began operating underground trolley all the way to Battery Place. See V. 67, p. 178,736, 956;
V. 73, p. 236.
Organization— Leased
(14) THIRTY-FOURTH
STREET CROSSTOWN RY.— Formerly
horse road; storage battery introduced July, 1900.
Organization-Chartered March 18, 1896, being a consolidation of
the Thirty-Fourth Street RR. Co. and the Thirty-fourth Street Ferry
A Eleventh Avenue RR. Co. The stock of the Thirty-fourth Street
Crosstown Ry. Co. is all owned by the Metropolitan Traction Co.
Maturity.
Interest. Outstanding.
Date.
SrcCK AND BONDS—
..............
$1,000,000
Stook
I. 1996.
Apl.
5 A-O
1,000,000
1896
1st M. ($1,000), giar. 5
Trustee, Central Trust Co., N. Y.
p. and 1. Met. St. Ry.. (
r oad Track owned is 0-97 miles; including trackage from Metropolitan, total track operated is 560 miles, V. 60, p. 83; V. 62, p. 549.
—
Latest Earnings— Three months
3 mos.
1901
1900
Gross.
Net.
$110,993
86,830
$48,858
40,187
June 30:
Other inc.
to
$250
250
Charges.
Surplus.
$15,110
14,085
$33,998
26.352
—
.
:
STKEET RAILWAYS.
Earnings —Year ending June 30, 1901, gross $396,948; net. $156.904; other income, $1,000: surplus a'>ove charges, $98,993; in 1900,
gross. $341,711; net, $149,243; surplus above oharges, $94,037.— V.
71, p. 135.
(15) TWENTY-EIGHTH AND TWENTY-NINTH STREETS CROSSTOWN RAILROAD— Horse cars.
Organization—The Metropolitan Traction purchased the property
In September, 1896, and owns all the stock. In Dec, 1899. the new
air compressor and power house were practically completed, and In
August, 1899, began using air-motor system exclusively. V. 69,
283. In May, 1901, however, returned to horse cars temporarily.
&
p.
Outstanding.
Maturity.
$1,500,000
1,500,000 Oct. 1, 1996
1st M., $1,500.000($1,000)> 1896 5g. A-O
gu.p.tieud.,M.St. Ry.g.c* S Trustee, Central Trust, New York.
ROAD— Track owned is 6-73 miles; including trackage rights from
Metropolitan, total track operated Is 7-72 miles. V. 63, p. 602,661,839.
Earnings— For year ending June 30, 1901, gross, $177,119; net,
$60,357; other income, $250; deficit below charges, $24,675; In 1900,
gross, $182,682; net, $50,141; deficit below charges, $34,680.
STOCK
BONDS
Date.
Interest.
Stock, $1,500,000 ($100)
TWENTY-THIRD STREET RAILWAY—In June,
(16)
1900, the 23d
Street Cross-town, with branches to 34th Street Ferry, began to be
operated entirely by underground trolley. V. 68, p. 130, 928.
Organization Chartered Jan. 29, 1872. Leased to the Metropolitan
Street Railway Co. for the unexpired term of the charter and for any
extensions of the same. Rental is 18 per cent per annum on stook.
Interest.
Outstand'g.
Maturity.
BONDS-— Par.
STOCK
Q.-F.
Stock
100 18
$600,000
See text.
5() 000,eXt
1 I
6
1,00
J,_J
Jan.
1, 1909.
°
250,000
}
—
&
'
'
ln l'893
-
Debentures'"! .."."."."...1,000
5
150,000
Jan., 1906
J.-J.
Road Including 14th St., Bleecker St. and Canal St. branches, track
owned 4 12 miles; operated under trackage rights, 1299 miles; total
track operated, 17"10 miles. Weight of rails from 47 to 110 lbs.,
standard guage.
—
THIRD AVENUE RAILROAD - Underground
69
The new bonds are guaranteed by the Metropolitan Street Railway
form of guaranty see V. 72, p. 776) and are secured by the pledge
of the following stocks and bonds:
Name of company.
Issued.
Pledged.
Union Railway Co. of New York City stock
$2,000,< 00 $2,000,000
42d8t. Manhan'ville&St.Nich.Ave. Ry. stock. 2,500,000
1,671,100
2d mortgage incomes
Do.
1,500,000
357,000
Dry Dock East Broadway & Battery RR. stock. 1,200,000 1,128,700
(for
Kingsbridge Ry. Co. stock
8,600
8,600
Subscription for balance of $1,000,000 stock
991,400
Yonkers RR. Co. stock
1,000,000
992,500
Westchester Electric RR. Co. stock
500,000
500,000
Southern Boulevard RR. Co. stock
250,000
248,300
Tarry t'n White Plains & Mamaroneck Ry. stock
300,000
300,000
The Metropolitan Company is to be entitled to vote on the foregoing and to receive the Income from the same so long as the new bonds
are not in default. See particulars in V. 70, p. 1050.
There are other mortgages outstanding for $50,000.
Stock— In Oct., 1898, $2,000,000 new stock was issued, making total
then outstanding $12,000,000. This new stock was offered to stockholders at par. In July, 1899, stockholders voted to increase stock from
$12,000,000 to $40,000,000. The stock was to be issued as required to
pay for improvements and to extinguish the floating debt— V. 69, p.
29, 182. Five millions was to be used in taking up the $5,000,000 of
new stock to he issued by the 42d 8treet Co. as below. In Sept., 1899,
$4,000,000 of the new stock was sold to the shareholders at par,
raising the outstanding amount of stock to $16,000,000.
Miles.
Controlled but oper sepaRoad Owned.
rately track miles.
Mites.
City Hall via 3d av. to 130th st. 8^
North River to 125th St., E.R. 2% Dry Dock E. B. & Bat. Ry.. 2049
10th Av., 125th to 186th St., 3>4 42dStMan.&St.Nich. Ave. 28-49
59-86
Union Ry
186th st. to 191st st. and
Jfl
10th ave
Westchester Electric
3372
19-07
second track
14^ Yonkers RR
3g Southern Boulevard
Sidings
7*00
Tarrytown White Plains
18-19
Total track
Mamaroneck
29%
—
—
&
trolley.
Organization.— Chartered Oct. 6, 1853. A cable road from Dec. 5,
1893, but In 1899 changed to underground trolley—the 125th Street
line 8ept. 29, 1899, the Third Avenue line above 65th Street Oct. 22,
1899, and the Third Avenue line below 65th Street on Nov. 19,
1899. In Jan., 1900, the electric line between 125th and 162d streets
was completed. In Nov., 1895, purchased control of the 42d Street
Manhattanville
&
St.
Nicholas Ave.
line.
See V. 61, p. 872, 926.
Con-
Dry Dock E. B. &B. was obtained Aug. 23, 1897. (V. 65. p. 194).
In January, 1898. amajority of the stock of Union Ry., N. Y., was purchased.— V. 66, p. 135. In Sept., 1898, Union Ry. purchased Yonkers
RR. V. 67, p. 635. In April, 1899, the Tarrytown White Plains &
Mamaroneck Ry. was acquired.—V. 68, p. 674.
A traffic agreement, which went into effect April 29, 1899, has been
entered into between the Manhattan Elevated and the Third Avenue
Railroad system [comprising the Third Avenue RR., the Dry Dock
East Broadway & Battery, the 42d St., Manhattanville & St. Nicholas
Avenue RR. and the Union Railway lines], providing for an extensive
scheme of transfers at cross-town junctions, and also at the terminal
points of the two systems. The transfers are granted for an additional
fare of 3 cents, making the cost of the entire journey 8 cents. For the
latter sum a passenger can thus ride from the City Hall and South
Ferry to Yonkers, New Rochelle and Mt. Vernon.— V. 68, p. 672, 872.
Owing to failure of negotiations for a new loan to take care of a
large floating debt which had accumulated and to provide means for
pressing needs, the Third Avenue Railroad was on Feb. 28, 1900,
placed in the hands of Hugh J. Grant as receiver. On March 19, 1900,
Itwas announced that the Metropolitan Street Railway had purchased
control of the road in the open market and would provide for the rehabilitation of the company. Arrangements were at once concluded
through a syndicate, represented by Kuhn, Loeb & Co., for the sale of
$35,000,000 of the $50,000,000 new mortgage described below, and on
May 24 the property was restored to the company, passing into the
possession of the Metropolitan Street Railway Company as owners.
Kuhn, Loeb & Co. offered a block of the bonds for sale in Dec, 1900.
trol of
V. 71,
p.
Total controlled track.. 18681
Grand
DIVIDENDS—In 1892, 7
Annual Report.— The following
covers the year ending June 30,
exclusive of the 4 2d St. Manhattanville & St. Nicholas
Avenue Railway, the Tarrytown White Plains & Mamaroneck Ry. and
the Yonkers RR., which companies are reported separately:
Third Ave.
Dry Dock, TJnion Ry.
1901, and
is
Company.
Total.
582,124
400,071
1,153,597
807,234
3,978,356
2,302,846
182,053
130,140
346,363
192,014
1,675,510
2,085,448
def.616,200
413,092
sur.51,913
6,415
sur.154,349
3,122
def.409,938
203,108
sur.58,328
Railroad
*
Gross earnings
2,242,635
Operating expenses. 1,095,541
Net
1,147,094
Fixed charges & t'xesl,763,294
Balance
Other income
Deficit
1168.
etc.
422,629
sur.157,471
OFFICERS.— President, H. H. Vreeland; Sec.
and
Treas.,
sur.12,691
JohnBeaver.
INDEX—V. 70, p. 77, 126, 174, 177, 231, 281, 329, 382, 431, 481,
529, 533, 584, 634, 688, 740, 793, S96, 997, 1050, 1250; V. 71, p. 30,
699, 1121, 1168, 1312; V. 72, p. 88, 340, 628, 776, 1035, 5 52, 554.
(1)
DRY DOCK EAST BROADWAY & BATTERY— Horse road.
Organization— Control obtained by Third Ave. RR. Aug. 23, 1897.
—V. 65, p. 194. $1,128,000 of the stock is pledged for the 50 million
Third Avenue mortgage.
Par.
Interest.
Outstand'g.
Maturity.
STOCK & BONDS—
100 6
Q.— F. $1,200,000
Stock
See text.
Deo.
950,000
New
sold 1892 \ 1 000 5 *• J " D
JNew mort
mort., goia,i89J
} Farmers Loan & Tru8t C o., Trustee.
'
-
1,
Cert.of debt not sub.toc
.
.
23d
1914
Feb.
1,100,000
Track Trnck'e
To
R
B... 34th
D
A.
as follows:
From
Road.
Avenue
Avenue
100 5
is
F. -
St. Ferry. E.
St. Ferry. E. R...
.
CortlandtSt. Cortlandt St.Fy.,N.R.
Grand St
Desbrosses St.Fy.N.R
owned
Miles Miles.
2-33
4-93
•69
3-95
Post Office
Post Office
Grand
Grand
rights.
St. Fy.,
St. Fy.,
306
1-29
3-91
•32
15-85
463
E. R...
E. R...
:l
M
T°tal
M
M
$14,050,000
$13,443,000
- $357,000 already pledged as part
security for the Third Ave. RR.
4s are here deducted.
20-48
Total
,
M
1932
»
Road—Road operated
Lease.—On April 13, 1900, the Metropolitan Street Railway Company took a lease of the property for 999 years. Formal possession
was taken May 24, 1900. For the first four years Third Avenue stock
will receive only the net income ahove expenses and fixed charges;
the next two years 5 per cent is to be paid on the stock; the succeed
Ing four years 6 per cent; thereafter 7 per cent.
STOCK & BONDS. Par. Date. Interest. Outstanding. Last div.,dc.
8tock,$40,000,0u0.
100
Q.— F.
$16,000,000 Nov.,1899,l 4
1st mortage, gold. .1,000
5 g. J. &J.
5,000,000 July 1,1937
New mort. gold)
1900 4g. J.&J. 35,000,000 Jan. 1, 2003
c* ($1,000, Ac), \ Interest at Morton Trust Co New York, Trustee.
$50,' 00,000
) Guar., principal and interest, by Met. St. Ry.
Bond*— Of the new mortgage for $50,000,000, the $35,000,000 now
outstanding were issued to liquidate floating indebtedness of all the
various companies and to provide for current needs. Of the remaining $15,000,000, $1,557,000 will he available for future extensions
and improvements; the other $13,443,000 is reserved to take up the
following prior liens, which the company has bound itself to pay off
at or before maturity without extension. The bonds were listed on the
N. Y. Stock Exchange in March, 1901.
Name of company and loan.
Authorized. Outstanding.
Third Ave. RR. Co. 1st
$5,000,000
$5,000,000
Union Ry. 1st M
2,000,000
2,000,000
42d St. Manhatt. & St. Nich. Ave. Ry. 1st M. 1,200,000
1,200,000
2d mortgage incomes
*1,
143,000
1,600,000
Dry Dock East B'way & Battery RR. 1st M. 1,000,0
950,000
Certificates of indebtedness
I,2o0,"00
1,100,000
Yonkers RR. Co. 1st
1,000,< 00
1,000,000
Westchester Electric RR. 1st
500,000
500,000
Tarryfn White Plains AMam'neck Ry.lstM.
300,000
300,000
Southern Boule^ ard RR. 1st
250,000
250,000
216-18
total track
1893, 4 p. c; in 1894, 8 p. c; in 1895,
9 p. c; in 1896, 9% p. c; in 1897, 8H p. c; in 1898, 73* p. c; in 1899,
6*s p. c; in 1900, Feb., 1 p. c; owing to receivership, this last dividend, after having been declared, was not paid.
p. c; in
DIVIDENDS—Since 1891, for fiscal year ending June 30: 1891-92,
5 per cent; 1892-93, 6 per cent; 1893-94, 2^ per cent; 1894-95, 4^2
percent; 1895, August, 1^ p. c ; Nov., 1*2 p. c; in 1896, 6 p. c Id
1897, Feb., 1^2 P. c; in 1898, 6 p. c; in 1899, May (Feb. div. was
passed), l^a p. c; none since paid.
;
Earnings —Three months
to
Oross.
Net.
1901
1900
June 30
Net income. $188,468 $179,133
Index—v.
(2)
ST.
30.
1901.
610
1900.
rnTefe'st
::^ 130- 140
None.
Dividends
. .
$131,740
None.
Balance... sur.$58,328 sur.$47,393
64, p. 843, 1041; V. 65, p. 194,
FORTY-SECOND
$32,386
32,465
$47,835
50,283
Yr.end,J'ne30. 1901.
1900.
Gross earns.. ..$582, 24 $632,906
Net
182,053 173,097
Other income..
6,415
6,036
Surplus
$15,994
18,248
Charges.
Oth. Inc.
$545
430
Annual Report— Fiscal year ends June
$151,388
16^,555
568; V. 67,
MANHATTANVILLE &
p.
ST.
952.
NICHOLAS
AVE. RY.— A horse road, but Nov. 11, 1900, changed to electricity.
The company after being in the hands of receiver from March, 1900,
was restored to solvency in 1901, receiver being discharged April 12.
-
:
STREET RAILWAYS.
60
Organization— Chartered Aug. 29, 1878, In November. 1895, oontrol
was purchased by the Third Avenue RR. see V. 61, p. 926.
In Pec, 1890, began to use underground electric system from Fort
Of the stock, $992,500
the Third Ave. RR.
Lee Ferry to the Boulevard, ttaenoe to Fifty-ninth Street.
Of toe stock. $1.6? 1,1001s pledged as security for the 50-uiillion
Third Ave. img also 9397.000 of the 2d mtg. Incomes.
In September. 1900, the City Trust Company was purchasing the
minority stock on behalf of the Metropolitan St. Ry. at $75 per $100
share, less 20 ceuts ex pen
Stock, $1,000,000 ($100)
1st uitgo.gold, $1,000,000,
;
-
&
STOCK
BONDS.— Par.
Outstand'g
Interest.
Bonds—
pledged forithe
new 50
million mortgage of
Outstand'g. Maturity.
$1,000,000
)
1,000.000 Apr. 1,1946
guaranteed
Manhattan Trust Co., N. Y„ Trustee.
5
Road— Owns 16-57 miles of track. Operates under traokage rights
2-50 miles; total track operated, 19-07 miles.
Date.
Interest.
1896
5
Latest Earnings.—Three mouths
Maturity.
St'kjaufd $7,500,000) 100
$2,500,000
6M-S
1.200,000 Moh. 1, 1910
s 1,000
..,„.„
.„,,,
1st mortgage, gout..
interest at Union Trust. N. Y. Citv. Trustee.
)
6% as earned. 1.500.000 Jan. 1,1915
< 1.000
2.1
mort income bs..
fis
za mort.
Union Trust Co., N. Y.. Trustee.
^
Real estate mortgage
100.000
5%
In July, lStUK voted to increase stock from $2,500,000 to $7,500,000.
Road— Road operated is as follows:
&
STOCK
is
3 mos.
Gross.
A-O
June
to
30:
Track'e
Charges.
Balance.
$15.3'. 8
$8,106
$784
def., $6,488
15,222
528
522
15,228
Annual Report— Fisoal year ends June 30.
Tr. end. J une 30. 1901.
1900.
1901.
1900.
Gross earns.. .$188,511 $176,379 Interest
*», „ Q .
) „„„,,»
$61,295
£$60,446
Net
$8,817
61,423 Taxes
Otherincome.
992
1,015 Balance
df. 20,637 sur. 1,1 43
-V. 62, p. 462, 644; V. 63, p. 658; V. 65. p. 515; V. 67, p. 635; V. 71,
rights.
p. 30.
1901
1900
Net.
Oth. inc.
$51,611
45,564
I
|
Road.
To
Front.
42dSt.,N.
it Dlv. :Uth8t., E. R
Boule'd Div. 7th Ave. <fe 42d St....
10th ave. Div 42d Bt
110th St l'i\ 130th St.. N.
86th St. Div.
12thave.lMv 34th St
Traek
R
moii
R
I10th8t., E.
R
it.
Miles.
Mies.
1-977
4 055
3-385
2-654
•491
•503
•800
•322
•057
35th St..
1-793
1-793
24900 3-586
28 486
Total
Annual Report—
|
*
Int.,rent*lsaud
$127,914
taxes
Balance
. .
*1900.
1901.
I
$89,017
for
year
|
70, p. 481, 634. 1291; V. 71. p. 543; V. 72, p. 776.
UNION RAILWAY OF NEW YORK— A
(3)
Court of Appeals Jan. 9, 1900.— V. 70, p. 77. Operates from 129th
St. and 3d A vo. through the Borough of the Bronx, and with subsidiary
lines, continuing thence to and through flft. Vernon.
Controlled bv Third Ave. R.R., which in Jan.. 1898, purchased a majority of the stock.— V. 66, p. 135.
In Sept., 1898, the Uni,on Ry. purchased Yorjkers RR, and agreed to guarantee its $1,000,000 bonds,
this guaranty being accepted by the Third Ave. V. 67, p. 635.
In Dec. 1899, accepted the terms proposed by Board of Estimate
for the Kingsbridge RR. franchise, which are 4 per cent of gross
receipts for the first 5 years, 6 per cent for the second, 8 per cent
for the third and 10 per cent thereafter. The franchise is for 25
years, with privilege of renewal under certain conditions for another 25 years. At the end of the term the city acquires the property, paying for it in accordance with definitely prescribed rules for
fixing its value. V. 69, p. 1248. Work on this line was begun in July,
ROAD— Operates about 15 miles of track from Port Chester through
Rye, Harrison, Mamaroneck and Larchmont, to-New Rochelle. where
connection is made with the Third Ave. surface line into New
York City. The Greenwich Tramway Co., when completed, will conneot witti this line, thus forming part of a through line from New
York to Boston. 70-1 b. rails.
OFFICERS— President, Chas. A. Singer, Larchmont, N. Y.; Vice-Pres.G. Stanley Heft, Bridgeport, Conn.; Sec. and Treasurer, N. H. Heftr
Bridgeport, Conn.; Astdst't Sec. and Treas., John Neilson, Larchmont*
Y.— V.
this
yet.
WALL
Successor
STOCK
1st mort
&
,
Bonds.—
189" gom.
gold
lay-,
Par\
^
1
'
Int
gold
S
He Rnnle RR.lst.goldJ
RR 1st irold J
So.Boule.
^ifoOO.OOO.'Kgu:.'!
Road— Operates
1,000,000
1,
1946
the following roads:
Operated separately.
Miles.
Westchester Electric, track.. 33-72
track. . 7 00
YonkersRR., track
1907
Miles.
Ma'n line and branches
8econd track
32-3*
2750 Southern Boulevard,
-
.
5986
Total track
Total separately operated 59 79
Grand
Annual Report— Results
|
Westch'ter Elect.. 185.28S
52,303
South. Boulevard.
Net
income.
$348,458
$351,580
and
taxes.
A. Beardsley, Charles J. Farrell,
p.
428, 488.
J.)
Population 1900 was 946,070; in 1890 was 181,830;
and in 1880 was 136,508.
NEWARK,
OHIO.
Population 1900 was 18,157; in 1890 was 14,270,
and in 1880 was 9,600.
NEWARK & GRANVILLE STREET RY-
Organization —In August, 1899, the Equitable Trust Co. of Chicago
purchased the property of the Newark Consolidated Electric Ry. at
receiver's sale, and it was then operated for the bondholders with B.
<4. Dawes as agent.
In July, 1900. the property was sold for about
$150,000 to Newark parties headed by W. 8. Wright, President of the
The new owners incorporated the present company with authorized capital of $300,000.
Jewett Car Works.
Road— Operates lS^ miles of track, connecting the oity of Newark
with Granville.— V. 64, p. 755; V. 68, p. 1226; V. 69, p. 492; V. 71, p. 492.
11965
NEWBURG,
Surplus.
Y.
N.
Population 1900 was 24,943; in 1890 was 23,263,
$139,662 $211,918
34.721 df.52,(J91
15,273
17,629 aef.2,356
and
df. 17,36-< df. 17,36-1
15,273
S.
NEWARK, N. J.— (See Jersey City, N.
for year ending June 30, 1901, were:
Total
Int., rentals
Gross.
Union Rail way... $9 16,009
total all
1901):
Street.- V. 65. p. 1173; V. 67,
500,000 July 1, 1943
Mercantile Tr. Co., N. Y., Trustee.
250,000
July 1, 1945
5 g. J. J.
central Trust Co . N. Y., Trus:ee.
Apr.
1,
S.
5 g. J. - J.
5A.-0.
Directors (Feb.
Weaver, Anthony N. Brady, N. F. Brady, Thomas E. Murray,
Hugh J. Grant, H. W. Olcott and Hy. J. Hemmens. Office, 54 Wall
W.
Outstand'g. Last div., <£c.
$2,000,000
5 g. F. -A.
2,000,000 Aug. 1, 1942
payable at central Trust Co., N. Y. City.
lg
Guaranteed Loans—
Westch. 1st M.,gu.,p.<fci 1 1,000
FERRIES RY-
;
issued.
Interest.
100
000
ST.
to the Fulton
.
50-million moitgage.
Stock
& CORTLANDT
Wall & Cortlandt Street Ferries RR. sold
under foreclosure on Aug. 25, 1898. V. 67, p. 428, 488. Projected
from Fulton and from Wall St ferries, East River, to Cortlandt and
to Liberty St. ferries, North River, 2-7 miles. Stock, $1,000,000;
par, $100
all issued.
Bonds, $1,000,000, have been authorized and
pledged as security for the Third Avenue
is
73, p. 82, 287, 785.
N. Y. WESTCHESTER & CONN. TRACTION
For description of
projected road see Stkeet Railwat
CO—
Soi'Plement for Feb., 1901. No work done
1901.
of the stock
RY.
of the Portohester Street Ry. and the Larchmont Horse Ry. Has
franchises in Portohester for 99 years and in Mamaroneck for 100
years; on remainder of the road practically perpetual.
Outstanding.
Date.
Interest.
Maturity.
STOCK
BONDS—
Stock, $450,000 ($100)
$450,000
1st mortgage $450,000 > 1901 5 g , A-O
350,000
Oct. 1, 1931
($1,000) gold
CM Int. at N. Y. Soourity & TrustCo , N. Y.,Trus.
Bonds— Of the $450,000 authorized, $100,000 are reserved for extensions. No sinking fund and cannot be called.
Earnings of the combined properties for the year ending June 30,
1901, were: Gross, $82,168; net, $30,696 ; interest charges, $17,500 ;
surplus, $13,196.
N.
trolley road.
Organization— Organized under Chapter 340 of the Laws of 1892,
flving authority to consolidate the Harlem Bridge Morrisania &
ordham Ry.. the Melrose & West Morrisania RR. and the North Third
Ave. & Fleetwood Park RR. Validity of consolidation affirmed by
The whole
-A trolley road.
1901, as a consolidation
<
sur.lC0,728df.l56,909
Th-se figures for 1900 are to March IS only.
INDEX-V.
3,
&
12-450
12-450
Tr.end.June30. 1901.
*1900.
Gross earnings. $6i>7.749 $340,513
225,214df.73.*68
Net
Other Income.
3,428
5.676
Gross income.. 228,642 df.67,892
NEW YORK & STAMFORD
Organization— Was incorporated Aug.
in 1880
was
18,049.
ORANGE COUNTY TRACTION
CO.-A
trolley
road.
Total
INDEX-V.
(4)
$346,363
$1,153,597
$349,485
$192,014
TARRYTOWN WHITE PLAINS & MAMARONECK
TRIC)
$157,471
69, p. 441; V. 70, p. 77, 481.
RY— A trolley
(ELEC-
road.
r Organization—Successor in
1898 to the New York Elmsford& White
April 18, 1899, Third Avenue RR. purchased all the
it Is pledged as security for the new 50- jiilliim Third Ave.
mortgage.— V. OS, p. 674.
Road extends from Tarrytown station on the X. Y. C. & H. R. RR.. to
Maroaroneck, on the Sound, and from White Plains Station on the Harlem Road to Silver Lake Park, a total of 18-19 miles. The company
carries freight as well as passengers.
Interest. Outstanding. Maturity.
Date.
Stock
Bonds Stock ($300,000), par $25
$300,(100
Plains Ry.
sto.k, and
On
&
mortgage $100,000,) 1988
300,000 Mar.1.1928
5g M&S
gold ($1,000 each)
Knickerbocker Trust Co., N. Y., trustee.
Latest Earnings— July 1 to March 31
1-t
L
<,
Unto*.
1900-01
'
Gross.
Set.
00
962.261: net,
V. 67. p. 75, 435; V. OS.
(5)
Oth. inc.
Charg's.
Surplus.
$18
$12,652
def., $7,267
27
10,003
12,597 def., 2,507
fiscal year ending June 30, 1901, gross,
$10,973; interest and taxes, $16,949; deficit, $10,973.—
$47,112
36,707
Annual Report— For
)
p.
$5,367
674.
YONKERS RAILROAD.— A
trolley road.
Sept., 1898, sold to the Union Ry., which guarantees $1 ,000,000 bonds, principal and Interest, this guaranty being
.ted by the Third Ave. RR. See New York.— V. 67, p. 635.
Organization— In
Organization—Organized
Oct., 1901,
and acquired the Newburg
Electric Ry. Co., sold under foreclosure. Under the reorganization no
dividend-* are to be paid on the shares for three years, all surplus
earning* to be used for betterments and additions. The Newburg
Electric 1st mortgage bondholders and the Walden & Orange Lake
RR. and he Newburg & Orange Lake RR. agreed to a reduction in
their lnierest from 6 to 5 per cent. See V. 73, p. 138.
Date. Interest. Outst'd'ng. Maturity.
Bonds
Stock
1
&
-
Stock $1.".0,000, par $100
Pref.st'h, $175.000 non-cum
Newb.El.-c.lstM.($250,000) <
g., ($500) not sub. to call I
Walden & O. L. 1st Mort. g. <
guar.
N
V
j>.
&
i
(
ke
n ge
"
m 't °^n o
int
8
„ni v(
c* )
u'ar
1894
Int. at
1895
Int. at
!894
Iut at
5g.
$150,000
175,000
250,000
M-N
May
1,
1944
Knick. Tr. Co., Trustee, N. Y. City.
100,000 Junel, 1945
5g. J-D
Hamilton Trust Co.
5g.-T-J
75,000 July 1,1944
Knick Tr Co -' Trustee, N. Y.City.
-
-
Road— Owns 1649 miles of track (including Walden & Orange
Lake 5-29 miles and Newburg & O. L. 5-40 miles).
Gross, $37,453; net, $20,613
1901
Gross, 35,363; net, 20,322
1900
the years ending June 30 (Newburg Elect.):
Oth. Inc.
Int., lax, etc. Bal.,sur
'Net.
$36,450
$7,264
$»2,305 $l,40i
4,600
636
41,*53
37,889
632
896
36,610
36,874
Latest Earnings— 3 mos.,
July
1
to Sept. 30.
Yearly Earnings— For
Gross.
)
S
1900-1
$96,929
1899-0
92,819
1898-9
86,334
President, W. II. Hasey; Vice-Pres., J. B. Kilsheimer; Treas., E. OAlyea; Sec, A. B. Pouch. V. 66, p. 1090; V. 67, p. 1056; V. 71. p. 29.
864, 913; V. 72, p. 137; V. 73, p. 138, 237, 338. 445, 843.
'
;
;
STREET RAILWAYS.
NEWBURYPORT, MASS.
Population 1900 was 14,478
and
CITIZENS'
roadT
in 1880
&
was
1900.
1390 was 13,947
in
Bonds—
Date.
1st M. $230,000. gold..
5
1!
.. ^
the
Maturity.
Outstanding,
$240,000
210.000
g.
Beacon Trust
Sept.
30 earnings have been:
1900.
1899.
Gross earnings.$120,338 $105,617 Balance fordivs.. $15,166$16,804
34,594
32,963 Dividends paid... 16,800 16,800
Net
16,159
19,428
Int., taxes, etc..
OFFICERS— President and General Manager, Winthrop Coffin, 60 State
St., Boston; Vice-President, E. Stearns; Secretary, Geo. W. Morse, 28
State St., Boston; Treasurer, Charles W. Smith, 53 Tremont St., Boston;
Superintendent, F. (1. L. Henderson.— V. 72, p. 581; V. 73, p. 843, 1011.
I
I
trolley
in April, 1899, as successor to
Interest.
1899.
|
13,538.
Stock, $240,000
6L
Annual Report— For years ending
ELECTRIC STREET RY.-A
Organization.— Incorporated
Kewbnryport <fe Ainesbury RR.
Stock
;
;
Deo.
1,
1910
Co., Boston, Trustee.
ROAD— Owns
about 23 miles of track in Newburypon\ including
Amesbury and Plum Island. Operates 49 cars.
Earnings— For fiscal year ending Sept. 30, 1900, gross, $76,848;
lines to Haverhill,
and taxes, $10,7l!s; surplus, $23,333.
Officers— President, "W. M. Butler, Boston; Treasurer, G. A. Butman, 8 Congress St., Boston: Supt., C. C. Benson, Newburyport. Office,
33 Market Square, Newburyport.—V. 67, p. 690; V. 68, p. 619, 672;
net, $34,051; interest
V. 70, p. 1120; V. 72, p. 44.
|
NEWTON & BOSTON STREET RAILWAY-
This road, together with the Newton Street Ry., the Wellesley l&
Boston, the Lexington & Boston and the Commonwealth Avenue, will
be united under a plan similar to that ot the Mass. Elec. Companies.
Interest. Outstanding.
Maturity.
Date.
BONDS—
STOCK
See text
$200,000
8tock,$250.000,pr.$100
July 1, 1912
5 J-J
200,000
IstM. for $500,000.... < 1892
Not subject to call. < Int. pay'le at Am. L. & T. Co., trustee, Boston.
20,000
Real estate mortgage
138,400
Cur. liabil.Oct.l, 1900
Dividends—In Jan., 1898, paid 1*4 p. o.; in Apr., l x4 p. c; lnJuly.lk
in 1899, Jan., 1H p. c; in Apr., 1*4 p. o. July
p. c; in Oct., 1^ P- o.
1899, and since passed.
ROAD— Owns 9% miles of trolley. Operates Newtonville & Watertown St. Ry., 3 l4 miles, under lease of 1897. Total trackage, in eluding
&
;
NEWPORT NEWS,
Population 1900 was 19,635;
VA.
1890 was 4,490.
in
NEWPORT NEWS AND OLD POINT RAIL-
WAY & ELECTRICin 1898 purchased
the Newport News Hampton
Point Railway and acquired the Chesapeake Light & Power Co.
at Hampton, Va. Later acquired the Citizens' Ry. Lt. & Power Co.,
the Newport News Gas Co., the Norfolk & Atlantic Terminal Co and
the D nville Ry & Elect. Co. The company now controls all the street
railways in Newport News. Hampton, Phoebus, Old Point and Danville,
and has a line into Norfolk. Controls also theelec. lighting, power, gas
and ice business in Newport News, Hamptoo, Old Point and Phoebus.
Date. Interest. Outstanding.
Maturity.
STOCK
BONDS—
Stock, com ,$1,075,000, £
075 nnn
Qrqanization—
A Old
&
^
par $100
Stook, pref ., 5
p. o.
par$100
cum.,
j
e T T
&J.-J.
\
725,000 July,1901,2i2
(
1st M., $900,000, gold, > 1898
5 g M-N
900,000
Nov. 1,1938
($1,000 eaoh)c*...
S Int. at Alex. Brown & Sons, Baltimore,
1st M. Cit Ry. Lt & Pow. ) 1900
5g.M&N
675,000
May 1, 1940
$800 000 ($1,0 '0). go* £ Md. Trust Co., Baltimore, Trustee.
Guar. prin. and int.. ) Int. at Alex. Brown <fe Sons, Baltimore.
1901
March 1. 1941
5 g M-S $1,500,000
Gen Mort <R4 000 000< Int
at Alex Brown & Sons, Baltimore, Md.,
Jr>wi7*i
nnn V*
Ym cn* \£
gold
(*i,ooo
eajh)
,
or afc Co 8 agency ln New York>
Bonds— The Maryland Trust Co., Baltimore, is trustee of both the
mortgages of the Newport News & Old Point Ry & Elect The Newport
News bonds of 1*98 are subject to call at 110 on any interest day at 60
days' notice, and so are the bonds of the Citizens' Co. The latter are
Md
-
guaranteed by the Newport News Ry. & Elect Co.
Of the $1,000,000 General Mortgage bonds, $1,500,000 have been
Issued; $1,575,000 are reserved by (he trustee totafce up at maturity
the outstanding bonds of the Newport News & Old Point Ry. and the
Citizens' Ry Lt. & Power Co.. and the remaining $925 000 are for additional property, improvements, etc. In addition to the mortgage
lien, bonds are secured by a deposit of the bonds and stocks of the
Citizens' Ry. Lt & Power Co.. Newport News Gas Co., Norfolk and
Atlantic Terminal Co. and Danville'Ry. & Elect. Co.
Earnings— For calendar year 1900 combined properties (except
the Danville Ry. & Elect., which was operated for only 6 months.,
Norfolk & Atl. Terminal, 3\ months, and Citizens' Ry. Lgt. & Power
Co.. 8 months) earned, gross, $473,178; operating expenses and
taxes, $284,171; net earnings, 189,007.
ROAD—Including the Citizens' Ry., Light & Power Co., the company
operates 30 miles of track
OFFICERS— President, W. J. Payne, Richmond, Va.; Viee-Pres., L. P.
Btearnes. Newport News: Sec'y, D. C. Zollikoffer, Richmond, Va.;
Treas.. H. L. Schmelz, Hampton, Va.— V. 67, p. 902, 1055; V. 70, p. 946;
V. 72, p. 480, 533, 627.
NEWTON, MASS.
Population 1900 was 33,587; in 1890 was 24,379;
AND IN 1880 (VAS 16,995.
COMMONWEALTH AVENUE
ST-
RY-
t In November, 1901, details were being arranged for the consolidation of the Commonwealth Avenue Street Ry., the Newton Street Ry.,
the Newton <fe Boston Street Ry., the Wellesley <fe Boston Street Ry.
and the Lexington & Boston Street Ry. The same form of merger will
be employed as in the case of the Massachusetts Electric Companies.
Organization— Commenced operations March 28, 1896. Mortgage,
$75,000 of 5 p. c. gold $500 c* bonds, dated Feb. 1, 1896, due Feb.
1, 1916; interest F. & A., at otfice of trustee, International Trust Co.,
Boston. In Nov., 1898, the Massachusetts RR. Commissioners authorized increase of stock from $175,000 to $258,000 to fund floating
debt incurred for construction and improvements. In Aug., 1900, company received permission to increase amount to $292,000, $30,000
to be used for extension and $2,000 for equipment; in June, 1901,
$291,600 of this amount was outstanding.
DIVIDENDS—Dividend of 2 per cent was paid on June 30 and one of
3 on 8ept. 30,1899. In 1900, June 30, 3 p. c; Sept. 30, 3 p. c; in 1901,
June
30, 3 p. c; Sept. 30, 3 p.
ROAD— Oct.
c.
1,
;
Earnings— For year ending Sept. 30.
Tear. Gross.
Net.
Int. and taxes.
Surplus.
Dividends.
1900.. $79,517
$25,386
$9,054
(6%)$15.612
$4,173
1899.. 72,666
22,510
8,254
1,356
(5%) 12,900
Officers— President, Adams D. Claflin Treasurer, Leonard D. Ahl.
Office, Newtonville, Mass.
;
NEWTON STREET RAILWAY-A trouey
road.
in 1887. In October, 1901, was authorized to issue $115,000 bonds for the purpose of funding its floating
•debt, increasing funded debt to $250,000.
Organization—Chartered
&
Bonds—
tock ($315,000, par $100)
Date.
Interest. Outstand'g.
Q-J
Maturity.
$210,000
See text.
250,000 July, 1912
IstM., cur., notsubj.to call
1892 5 J-J
Interest payable at American Loan & Trust Co., trustee, Boston.
Dividends in 1892-93 aggregated $11,002 (8 per cent); in 1893-94,
$12,690; in 1895, 8 p. c; in 1896, 8 p. c; in 1897, 8 p. c; in 1898, 8 p. c;
in 1899, 8 p. c; in 1900, 8 p. c; in 1901, Jan., 2 p. c; April, l»a p. c;
-July, li* p. c; Sept. 30, 1^ p. c.
Road— Owns from Newton to Waltham, Watertown, etc., 13-30 miles;
a
S5 'measured as single); sidings, etc., 0-57; trackage, 2-49; total,
K
io'36 miles.
204
miles.
Earnings— For year ending
Sept. 30, 1900, gross, $80,667; net, $10,$14,651; deficit, $3,983.
OFFICERS— President, Adams D. Claflin, Newtonville, Mass.; Sec'y,
R. A. Sears, 53 State St., Boston; Treas., J. L. Richards, 276 State St.,
Boston.
668; interest, taxes,,
etc.
NEWTONVILLE & WATERTOWN STREET RAILWAY-
—
ORGANIZATION Operates 5 miles of track. Stock, $50,000; outstandUnfunded debt Sept. 30, 1900, $58,650. No
ing, $50,000; par $100
funded debt. Operated by Newton & Boston St. Ry., under lease of 1897.
Dividends— In Oct., 1898, paid 1 p. c. (Q-J); inl899,4i4 p. c; in 1900,
3% p c; in 1901, Feb., 360 p. c. was paid, dividends being changed to
semi-annual— Feb. and Aug., and 360% was again paid in August.
WELLESLEY & BOSTON ST.
RY.-Trolley.
Capital stock authorized, $115,000 (par $100); issued, $115,000.
Oct. 1, 1900. sinking fund and other special funds $7,500; no bonds.
Owns and operates 8'42 miles of track.
Earnings— Year ending Sept. 30, 1900, gross, $59,085; net, $15,184;
charges, $3,327; dividends (8%), $9,200; surplus. $2,657. President,
James W. French. Newton; Vice-Prest., H. B. Parker, Newtonville,
Mass.; Secretary, R- A. Sears, 53 State St., Boston Treasurer, J. L.
Richards, 276 State St., Boston.
Dividends— In 1898, 7 p. c; in 1S99, 8 p. c; in 1900, 8 p. 0.; in 1901,
Jan., 2 p. c; April, 2 p. c; July, 2 p. c; Oct., 2 p. c.
;
NIAGARA FALLS,
N. Y.
Population 1900 was 19,457; in 1890 was
and in 1880 was 3,330.
5,502;
LEWISTON & YOUNGSTOWN FRON'R RR.-
Organization. — Chartered August, 1895. Owns from Lewiston to
Youngstown, 7'3 miles completed in August, 1896; branch to Rumsey
Park, 1 mile; sidings, "2 m.; trackage, 2 m.; total, 8 7 m. Stock authorized, $150,000; issued $134,000; par, $100.
First mortgage, Buffalo
Loan, Trust <te Safe Deposit Co., trustee, $150,000; issued $134,000
gold c* 6s, J & D, dated 1896, due June 1, 1926. Interest payable at
office of trustee. Loans July 1, 1900, $22,387.
Earnings— Year ending June 30, 1900, gross, $10,200; net, $972;
other income $1,549; interest, taxes, etc., $10,041; balance, defloit,
$7,519. President, A. J. Wheeler. Buffalo; Secretary and Treasurer,
Charles S. Webb, P. O. Box 272 Buffalo; Supt., F. G. Lott, Lewiston.
;
#
-
NIAGARA GORGE RR. ELECTRIC-
Organization— Incorporated in New York State June 3, 1899, as
successor to the Niagara Falls & Lewiston, sold at foreclosure May 23,
1899. The road extends from Onondaga Street, Lewiston, along the
bank of the Niagara River to the city of Niagara Falls. The line was
formally opened July 1, 1899. The company also controls the franchises of the Niagara Falls Tower Co., the Battery Whirlpool Rapids
Co., the Niagara Rapids View Co. and the Niagara Whirlpool Rapids
Elevator Co., all of which were owned by the former Niagara Falls &.
Lewiston. An agreement has been made with the Niagara Falls Park
& River Ry. Co. allowing cars of the Gorge Road to run over that
company's lines across the arch and Suspension Bridges to Table Rook
and
Dufferin's Island.
Road— On Nov.
1, 1901, owned and operated 14 miles of track.
Stoc K a n D Bon DS—The Niagara Falls & Lewiston when sold at foreclosure was sold subject to th« $1,000,000 mortgage of the latter.
Capital stock, $1,000,000. First mortgage (Niagara Falls & Lewiston) $1,000,000 of 5 per cent gold bonds c* ($1,000 each), dated
1895, due June 1, 1925, J&D, to Knickerbocker Trust Co., New York,
as trustee; outstanding June 30, 1901, $200,000; loans, $650,000.
Gross earnings for year ending June 30, 1901, were $79,389. President, Jos. T. Jones; Vice-President, Herbert P. Bissell; Secretary and
Treasurer, Bert. L. Jones— V. 68, p. 332, 1077, 1133.
NORFOLK, VA.
Population 1900 was 46.624 in 1890 was 34,871
and IN 1880 WAS 21,966.
;
1900, main line, 7-62 miles
second track, 5-6 miles;
total, 13 22 miles; 70-lb. T and 93-lb. girder rails. Operating 58
motors and 38 cars.
fTOCK
sidings,
NORFOLK RAILWAY & LIGHT. - (See
page 62.)
Organization- On November
2,
Map
1899, wa3 formed by consolidation
&
Ocean View Ry.,
of the following: Norfolk Street RR., Norfolk
The
Virginia Electric Co. and the Berkeley Light <fe Power Co.
company controls the entire street railway, electric lighting and
power business of the city of Norfolk (except the newly-built Norfolk
& Atlantic Terminal line), and owns a line of railway and steamers to
Old Point Comfort
In a fire Nov. 10, 1900, nearly all the company's equipment was
destroyed, but arrangements immedia' ely made to replace loss.
&
Maturity.
Date. Interest. Outstand'g.
STOCK
BondsStock, $1,650,000 ($25)
$125,000 Jan. 1 1913
Norfolk City 1st M., gold, $ 1888 6g. J - J
c \ Int. at Mer. Trust Co. trustee, N. Y. City.
$1 ,000
Jan. 1, 1944
Norfolk Street cons, mort., S 1898 5g. J-J
915,000
$1,000,000, g. ($1.000)c. ? Int. at Merc. Tr. & Dep. Co., Bait., trustee.
1,750,000 Nov. 1, 1949
Norfolk Ry. & Light con. ( 1899 5g. M-N
M., $4,000,000, gold, \ Interest at International Trust Co., Balti$1,000, s. f
c*C more, trustee.
Bonds— Of the new 1st con. mtge., $1,040,000 is reserved to retire
outstanding bonds, and $1,200,000 remains available for the future,
to be issued only for additional property, and only upon the consent
of the trustee.
Sinking Fund begins Nov. 1. 1909, and provides for the purchase
of one per cent of outstanding bonds each year at 110 or less.
,
62
STREET RAILWAYS.
—
:
STREET RAILWAYS.
Road and Equipment— Owns and operates 30 miles of traok in City
of Norfolk and theOoean View Division of 15^ miles laid with 70-lb.
T rails; also owns two steamers, which operate to Old Point Comfort,
and extensive real estate at Ocean View which is leased for the season
at $11,500.
Earnings— The earnings for the years endii g Deo. 31 are as follows:
—
Tear
1900
1899
Net.
Gross.
Int.
<£•
Surplus.
$47,221
taxes.
$193,834
$146,613
$458,914
166.673
410,591
OFFICERS— President, R. Laneaster Williams. Richmond: 1st VicePresident and General Manager, C. Brooks Johnston, Norfolk; 2d
Vice-President, F O. Briggs, Trenton. N. J.; Treasurer, W. H. Doyle;
Secretary and Assistant Treasurer, H. O. Whitehead.— V. 69,
13ol; V. 70, p. 584; V. 73, p. 83.
p.
1104,
PORTSMOUTH & NEWPORT
NORFOLK
NEWS RYOroanization— Chartered Feb. 20. 1 900. as a consolidation of the Pt.
Norfolk Electrio Ry., the Portsmouth Pig's Point & Newport News Ry.
Ferry & Hotel Co. and the Portsmouth <& Sinithfleld RR. Co also on
same date was authorized to lease and operate the Norfolk County
ferries (connecting Norfolk with Portsmouth and Berkley).
Date. Interest. Outstand'g.
Maturity.
STOCK
BONDS
;
&
Stock, $550,000 ($100)
$550,000
...
Con. 1st M.gold ($1,0C0)5 1900 5 g. M-S
200,000 Men. 10, 1950
$1.000,000
o* Unt.atFid'y &Dep.Co. of Md., Bait., Trustee.
Bonds-Ot the new 1st mort dated Mch. 10, 1900, $150,000 is rererved for prior liens.
Sinking Fund of $10,000 per year begins at once. Fonds can be
called by lot at 110 on any interest day, but only in sufficient amounts
to satisfy sinking fund requirements.
ROAD— Owns and operates 740 miles of track in and around City of
Portsmouth. An extension proposed from Portsmouth to Pig's Point
(10 miles), and to connect with a line of ferries between Newport News
and Pig's Point.
Officers— Prest.. H. L. Maynard, Portsmouth; Vice-Prest., Gustavus
Ober, Baltimore; Treas., John L. Watson, Portsmouth; Sec, A. J
Phillips, Portsmouth— V. 70, p 480, 584.
NORRISTOWN,
PA.
SCHUYLKILL, VALLEY TR
ACTION-This road
& Transportation Co. See
has been acquired by the United Power
statement under Philadelphia.
NORTH ADAMS,
HOOSAC VALLEY STREET R
Unfund. debt Sept. 30. 1900
34,691
13-00 miles of main line track and 0-42 miles of sidings, etc. Extension to Williamstown, 6 miles, was completed in 1896.
Earnings- For year ending Sept. 30, 1900, gross, $98,511; net, $34,407; charges, $16,115; dividends (6%), $6,000; surplus, $12,292.
Officers— President and Treasurer, C. Q. Richmond; Secretary, S.
P. Thayer, all of North Adams.
ROAD.— Owns
NORTH ATTLEBOROUGH, MASS.
Population 1900 was
Annual Report— For years ending
7,253; in 1890
was 6,727.
INTER-STATE CONSOLIDATED
ST.
RY-
ORGANIZATION— Organized April 21, 1895. See V. 60, p. 606.
In 1900 was authorized by Legislature to become a common
1901.
1900.
$107,243 Bal. fordiv'nds..$27,062 $26,095
39,618 Dividends
24,000
24,000
13,523 Bal. for year. ..sur.3,062 sur.2,095
Officers— President, John Olmsted, Springfield Secretary, H. P.
Field, Northampton; Vioe-President and Treaw'r. N. D. Winter, Spring-
$133,428
45,333
Net
Int., tax., etc.
18,271
;
Supt.,
field;
STOCK
&
BONDS—
Current
October
1, 1900
165,416
c; in 1 898, 6 p. o.; in 1899, 6 p. o.; in 1900,
H p. o.; in 1901 Jan. dividend passed.
Road— Owns 22-59 miles trolley track and 3*2 mile sidings,
etc.. from Main Street, Pawtucket R. I., to North Attleborough,
Mass., HebronviUe, Dodgeville and Attleborough.
Total operated
{including track outside of Mass.), 30-95 miles.
Earnings— For fiscal years ending Sept. 30.
Other
Interest,
Gross.
Net.
Income. Taxes. <6c.
Div.
Balance.
1900.. .$175,232
$62,885 $800 $22,201
$22,800
sur.$18,684
1899... 151,959
24,627
588
16,597
22,800
def.14,182
OFFICERS— President. Marsden J. Perry, Providence, R. I.; Secretary and Treasurer, Edward Holmes, Pawtucket, R. L; Supt., Geo.
E. Cook, Attleborough.— V. 61, p. 662, 871; V. 73, p. 236.
liabilities
DIVIDEND— In 1897, 6
p.
C. Clark,
NORTHAMPTON
Northampton.— V.
&
AMHERST STREET
&
M
from Northampton to Amherst and Hatfield.
EARNINGS— For year ending Sept. 30, 1901:
Gross, $43,509; net,
$5,778; charges, $5,469; surplus, $309.
OFFICERS—President, F. S. Coolidge, Fitebburg; Vice-Pres., B. E.
Cook
Northampton;
Jr.,
Gen. Managers, Crosby
Sec.
&
and
Treas., C.
Coolidge.— V. 71,
in 1880
was
NORTHAMPTON STREET RAILWAY
and
1,826; in 1890
in 1880 was 1,732.
,
A
26, 1873.
Date. Interest. Outstand'g. Div'nds,dc.
J-J
$300,000 f.p.8ee text
(1888
.,
5A-0
25,000
Apr.
&
1,
;
1,785,
NORTON & TAUNTON STREET RAILWAY
—Trolley.
This is a consolidation of the Norton & Taunton Electrio, the
Norton & Attleborough Street, the Mansfield & Norton Street, and the
Mansfield & Easton. Stock, $297,000. Mass. Commissioners in May,
1900, gave permission to issue 5% gold bonds for $296,000 (all now
outstanding) ,of which $240,000 was to take up that amount of prior liens.
Road— Owns 30 miles of traok; gauge, 4 ft. 8*3 in.; 56 and 90 lb.
T and girder rails. Operates 36 motor ears.
Earnings—For year endingSept.30,1901, gross, $51,341 ;net,$10,478.
Officers— President, Daniel Coolidge, I orain, O.; Vice President,
G. L. Wetherell; Treasurer, A. H. Sweet; Gen. Man. and Purch. Agent,
A. R. HalloweU; Supt., R. W. Hewins, all of Norton.— V. 69, p. 334; V.
70, p. 1049.
NORWICH, CONN.
Population 1900 was 17,251; in 1890 was 16,156
and
in
;
1880 was 15,112.
NORWICH STREET RAILWAY- A
trolley road.
Organization— Incorporated in 1882 and has a perpetual franchise.
Maturity.
STOCK & BONDS— Miles. Date. Interest. Outstand'g
See text
J-J $250,000
Dividends at Am. Loan & Trust Co., Boston.
12:
>
1893 5g. A -O $350,000
Oct. 1, 1923.
5 Interest at Am. Loan & Trust Boston.
Dividends—From 1 895 to July, 1897, both inclusive, 5 p. o. yearly; in
Stock ($6 )0'000 authorized— $100
1st mort., $350,000,
gold, $1,000
1898, 2
p.
July, 2 p.
)
\
c; in 1899, 2 p. c; in 1900, 2
p.
c; in 1901, Jan.,
Ha
p. o.;
o.
Road— Owns 17
miles of track and -55 miles sidings; total traok,
17-55 miles.
Annual Report— Years ending June 30. In 1901 was, gross, $96,378; net, $33,420; taxes, $4,800; dividends, (3i«p. c.) $8,750. In
1900 was, gross, $84,164; net, $29,418; taxes, $4,800; interest,$14,994;
dividends (2 p.c.) $5,000; ourplus, $4,624.
Officers—President, B. P. Learned, New London; Secretary and
Superintendent. W. L. Adams, Norwich; Treasurer, W. A. Tucker,
Bjston, Mass.— V. 72, p. 481.
NORWOOD, MASS.
Population 1900 was 5,480; in 1890 was 3,733
and in 1880 was 2,345.
NORFOLK
SOUTHERN STREET
An
WAY—
electric road.
Organization— Incorporated under
RAIL-
Massachusetts laws.
Com-
prises 19 miles of track, of which 9 miles opened in April, 1899, and
the rest of the line in June, 1899.
On Nov. 22, 1899, P. L. Saltonstall (53 State Street, Boston) was appointed receiver, and in December, 1899, asked permission of the
Court to issue $25,000 receiver's certificates. On Oct. 8, 1901,
property was sold under foreclosure of mortgage for $190,000.
Rate.
Outstanding.
Maturity.
STOCK
BONDS— Date
Stock
IstM.,
&
M&N
$200,000
125,000
May 1, 1919
American Loan & Trust, Boston, trustee.
Road—Owns 19 miles of track, connecting Norwood, Mass., and
Mansfield, Mass., with two small branches. Owns 8 cars.— V. 69, p.
s.
f.,gold, a*
($200,000)
i
«
1899
5
g.
Int. at
1103, 1148; V. 73, p. 338, 723, 843.
N. Y.
be a
This company owns about 30 miles of franchises; its authorized
capital stocfe is $300,000, or $lt',000 a mile; no bonds have been issued.
In Nov., 1901, arrangements were being completed for the construction ot the first 9 miles. This company tf ok over the assets of the
projected Nyac k Traction Co., none of whose road was in operation.
President, C. W. Reeve, 150 Nassau St., New York.
1909
at Springfield S. D.
Tr. Co.,
(8pringfleld, Mass.
New mortgage, $200,C00.... ( 1900 4** J-D 200,000 June 1, 1910
($10,000)
c. Unt. at 3d Nat. Bank, Pittsfield, Mass.
Loans and bills payable Oct. 1, 1901
135,000
Bonds —The new mtge. 4k p c. bonds can be called at par in 1905
upon 60 days' notice. Trustees are Erwin H. Kennedy and Ralph B.
Bardwell, both of Pittsfield.
Dividends— In year 1893-94 distributed $12,000; in 1895. 10 p. o.;
}° p °- in 1897 ' 9 p- °-; in 1898 » 8 p- °-; in 18 ". 8 p- c -;
*
in }%%£'
1900, 8 p. c; in 1901, 8 p. c.
Road— Operates 26-26 miles of track. On Oct. 21, 1900, extension
to Holyoke, and on July 7, 1900, extension of 5 miles from Mt. Tom
Junction to Easthampton were put in operation.
-
was
trolley road.
Organization— Chartered Feb.
lstM.,notsubj.tocall($500)c}lnt
1136.
NORTON, MASS.
ROCKLAND COUNTY TRACTION-To
12,172.
trolley road.
STOCK, Bonds, Etc.—
Stock, $300,000, par $100
p. 544, 964; V. 72, p.
Population 1900 (including adjacent villages)
was about 15,000
Population 1900 was 18,643; in 1890 was 14,990,
and
W. Wyman, Northampton;
Population 1900 was
NYACK,
NORTHAMPTON, MASS.
70, p. 842, 1049.
ORGANIZATION—Incorporated in 1899. Commenced operating on
Jan. 22. 1900. In Feb., 1901. made an application for an additional
issue of stock, and in June, 1901, applied for and received permission
to issue $100,000 bonds. -V. 72, p. 1136.
Maturity.
Interest. Outstand'g.
Date.
BONDS—
STOCK
$160,000
Stock, $18<\000
300,000 Sept. 30, 1920
1st
5 g. M-S
.$300,000, g.opt'lj 1900
Int. at Old Colony Trust, Boston, Trustee.
after Sept.. 1910 at 105 \
Road— Owns and operates 1422 miles of track ( including sidings),
car-
Date. Interest.
Outstanding. Maturity.
6 Q.— J. $380,000 See text
1897 4 Q.— F 150,000 Apr. 28, 1907
Edwin
RY.-A trolley road.
and carry light freight. Was authorized by the Massachusetts
Railroad Commission in July, 1901, to purchase the Inter-State Cone.
St. Ry. Co. ot Rhode Island aod to issue $275,000 capital stock, share
for share, for the stock of that company.
Couponnotes
30 earnings have been
Gross
rier
Stock, $380,000, par $100
Sept.
1900.
1901.
MASS.
Population 1900 was 24,200; in 1890 was 16,074;
and in 1880 was 10,191.
Y.-Trolley road.
Organization—Chartered April 7, 1886.
Date. Interest. Outstand'g. Maturity, etc.
Stock, Bonds, etc.—
Stock, par $100
$100,000
100,000
July 1, 1917
1st
1SQ7$
ist Mortise
Mort D age
1897 5J&J New
Engl. Tr. Co., trustee.
Unt. at
63
OAKLAND, CAL.
Population 1900 was 66,960; in 1890 was 48,682,
and in 1880 was 34,555.
OAKLAND TRANSIT
CO.-A
trolley road.
Organization—Incorporated March 29. 1901, as a consolidation of
the Oakland Transit Co. (of which the " Realty Syndicate" owns 7-10
of the capital stock) and the Oakland RR.; the following roads had
previously been merged: the Central Avenue, East Oakland Street,
Oakland Consolidated, Highland Park & Fruitvale, Alameda Oakland
& Piedmont, Piedmont & Mount View and California Rys. See V. 64,
p. 287. Comprises practically all the street railways doing business
—
STKEET KAlLWAYb.
84
Alameda, Berkley and County of Alameda. On April 27,
1901, began usin>; power furnished by the Bay Counties Power Co.,
which power is generated l>y the Yuba River and transmitted the 140
miles by copper cables.
In August, 1901. control of the Oakland San Leandro & Hay wards
In Oakland,
Electric Hallway
was
acquired.
Maturity.
Date.
Interest.
Outstand'g.
STOCK
BONDS—
Stock. $6,000,000 (par $50)
$6,000,000
6 * J J
1,400,000 July 7, 1918
l«t NT Oak Tr *t .ino nnn( 1S9S
Interest in New York or at California Safe
no'tlub
I '^f not
?al'l ?- 5
g.,s.i.,
sub. to
toian..c
^
Deposit & Trust
trustee.
&
OFFICERS— President and Treasurer, Wilson R. Page; Secretary ami
Superintendent, J. W. Miller, both of Olean.— V. 65, p. J 52; V. 73, p. 495.
OLEAN ROCK CITY & BRADFORD
RY-
Organization.— Organized in 1897. Capital stock, $210,000; funded
debt, 6s, 1917, J&J (American Loan & Trust Co., Boston, trustee,)
$6,500; notes payable, Juno 30, 1900, $239,310. Operates 17*2 mile©
of road; tranhage, 2-31; sidings, 070; total, 2051 miles. President,
H. L. Pierce, Leominster; Secretary, W. E. BurdicK, Bradford,
Treasurer, C. E. Hudson; Bradford, Pa.
Pa,;.
Co.,
M
1st eon s f
Oak Trail
*^'nivin/iinnn»r^
$.-».00O,00O($l,000).g..c
<
S
^
1901
1.285,000 July 1, 1931
5 «J J
Mercantile Trust Co., San Fran., trustee
ln , pay u N y., S. Fran, and Oakland.
$15,000
1903
1SS3
6
.
Oakland.
in
Earnings of combined properties while still operated separately
were §592,496 gross and $160,538 net in 1900, and $531,388 gross
and §180,862 net in 1899.
Road— Embraces 105 25 miles of trolley, extending from Oakland
to Alameda, Berkeley, Fruitvale and East Oakland. Operates 120 oars.
OFFICERS— President, E. A. Heron Treasurer, F. C. Havens; Secretary, F. W. Frost; Gen. Manager, W. F. Kelly.— V. 66, p. 1190; V. 68,
-
;
T 429, 673, 1026; V. 72, p. 184, 187, 439, 723, 937; V. 73,
p. 83,
287.
(1) oakland san leandro & haywards electric
railway consolidatedOrganization—a consolidation May 8, 1894. In Aug., 1901, control
passed to the Oakland Transit Co.
STOCK
&
BONDS
Date.
Stock ($1,000,000 auth.)>
—$100
\
OMAHA, NEB.
.
Oakland RR. 1st mort., I
$125,000
s Volney D.Moody and B. F. Mann, trustees.
Bonds— Ot the $3,000,000 1st consols, $1,415,000 are reserved to retire underlying liens at maturity and $300,000 are to be Issued only
when the net earnings shall exceed $100,000 per annum. A sinking
fund com rvences in 1912 which will retire or provide for $2,020,000
of the bonds on or before maturity, Interest payable at Wells Fargo
* Co. Bank m New York and San Francisco and at oompany's office
Interest.
Monthlv
Monthly.
1892 6g M-S
\
\
Outstanding.
Maturity.
9 000 suare8
See text
$22-62i« pd. in. *\ see
-
'
"
Oak. San Leandro A Hay. )
$250,000 Mar. 1, 1922
Ry.lstM.gold$1000ea. s Interest is payable by check.
23d Ave. Ry. 1st mort., 1893 6g M-S 15
$250,000 Mar. 1, 1923
gold, $1,000 each
> Interest is payable by check.
Mortgage trustee is the California Title Insurance & Trust Co.
Bonus— Both mortgages have sinking fund commencing ten years
after date and increasing from 2 per cent yearly (of total bonds outstanding) for the first five years to 8 per cent for last five years. The
bonds are not subject to call before maturity.
Dividends.— Dividends were resumed In July, 1899, and 20 cents
per share paid monthly up to and including June, 1901.
Road— Owns 29 miles of track, all but 1*2 miles being electric—V-
Population 1900 was 102,555; in 1890 was 140,452
and in 1880 was 30,518.
;
OMAHA
STREET RAILWAY-A
A plan combine
trolley road.
railways, electric light and water companies has been under consideration, but in October, 1901, it wa»
reported that the options held for this purpose had expired.
Organization—Incorporated Jan. 1, 1889. This is a consolidation
of all the street railway properties of the city operated by oable, horse
and electric powers. Has the benefit of three franchises. In Aug., 1900.
the Benson Ry. of 2 miles, operating to Benson, Neb., was given tothe company under the condition that they operate It.
Maturity
Interest.
Outstanding.
Date.
STOCK
BONDS—
Stock ($100)
M.-N. $5,000,000 f. p. Seetext
Om. St. Ry. 1st consol.
M., $2,500,000, gold.... 1889 5g. M.-N.
May 1,1914
2,500,000
Interest is payable at the Farmers' Loan & Trust Co., N. Y. City.
Dividends.— During fiscal year 1895-6 paid dividend of 1 p. 0.
Road Operates about 92 miles of track.
all street
to
&
—
Earnings—The company does not make
reports. For year ending
Nov. 30. 1897, gross, $596,763; net. $272,165; interest charges. $123,185; balance, surplus for year, $148,980. In 1895-6, gross, $559,388?
net, $209,873.
OFFICERS— President, Frank Murphy; Vice-President, Guy C. Barton;
Treasurer and Gen. Man., W. A Smith; Sec, D. H. Goodrich; General Supt. and Purch. Agent. F. A. Tucker.— V. 67, p. 843; V. 71, p.
237, 492; V. 72, p. 1238; V. 73, p. 785, 900.
i
73, p 2o7.
OGDENSBURG,
N. Y.
OMAHA
&
In July. 1900. Mr. G. W. Wattles, Vice-Prest of the Union National
of Omaha purchased all the stock and bonds of the Omaha
Council Bluffs & Suburban Ry., and in turn sold the roa^ to the stockholders of this company, so that the same parties own both roads. In
June, 1901, plans for consolidation had not yet been matured.
Organization—Was granted a new charter for 50 years from Oct.
1, 1897. In August, 1899, Judge Thornell, in the District Court, ruled
that this ordinance extending the old franchise, which otherwise
would expire in 1912, was void.— V. 69, p. 492.
Refund ing.— Sinking fund payments are in default, Floating debt
Bank
is
Population 1P00 was 12,633; in 1890 was 11,662,
and in 1880 was 10,341.
& COUNCIL BLUFFS RAILWAY
BRIDGE— An electric road.
$30,000.
Stock
&
Bonds—
LAWRENCE
GAS.ELECTRIC & TRANSPORTATION
CO-
Stock
1st mort. (see below)
Organization.— This company was incorporated in New Jersey
and controls, through ownership of stock, the Ogdensburg Street Ry
Ogdensburg Gas Co. and the Ogdensburg Power & Light Co., and
guarantees, bo^h principal and interest, the bonds of the two former
companies. The collateral trust bonds were issued for the purpose of
taking up the outstanding remainder of the shares and bonds of the
Council Bluffs
ST
,
controlled companies.
&
Date.
Interest. Outstanding.
Maturity.
Stock
Bonds—
Stock, $4i0,000 ($100)
$1,000
Coll. tr. mtge., $400,000 ) 1900
5 g. J- J
400,000 July 12, 1920
($1,000) gold
c' $ Int. atNorth Amer.'Tr. Co., N Y., Trustee.
No sinking fund and bonds cannot be called.
Officers— President, Secretary and Treasurer, Henry A. Sage,
Easton, Pa.
(1)
OGDEN8BURG STREET RY— A
trolley road.
Lawrence Gas, Electric & Transportation Co. owns most of
the stock and also most of the bonds of the Ogdensburg Street Ry.
Organization.- Chartered Dec. 22, 1885.
The
St.
Stock
&
Bonds—
Date.
Interest.
Outstanding.
Maturity.
Stock, $150,000 ($100)
$150,000
1895
6M- 82
150 000
Sept. 2, 1925
Mortgage trustee, West End Trust Co Philadelphia.
Road—Owns 10 miles of track, laid with 52 and 48 lb. T rails.
Earnings— For year ending June 30, 1901, gross, $21,507; net.
500 40
^(jisTooo!*:
:.
:!
-
.
•6,642; other income. $74; charge*, $10,123;:deflcit, *3.407; In 1900.
gross. $22,187; net, $7,641: other income, $104; interest and taxes,
$9,432; deficit for year, $1,687.
Officers— President and Treasurer. H. A. 8age, Easton, Pa.; VicePresident. J. F. Dolan Secretary, H. W. Cooley; Supt., Louis Rlchter,
;
Ogdensburg.
_
OLEAN,
N. Y.
Population 1900 was 9.4S2; in 1890 was 7,358;
and in 1880 was 3.036.
THE OLEAN STREET RY -A
Chartered March
trolley road.
In January, 1899, the
1, 1880.
Organization—
present management took charge. In Sept., 1901, was authorized to
Issue 1st apd 2d extension mortgages to provide for the construction
of an extension to Bolivia.
Date.
Interest. OuMand'g.
OuMand'a.
Stock and Bonds—
Maturity.
Stock, $300,000 ($100)
....
$300,000
1st mortgage, $225,000. < 1899
5 g. M-N
225,000 Nov. 1.1929
/ It
(tl.OOO), gold
A* ^Interest
at Fidelity Trust Co., Buffalo/Trust.
2d mortgage, $60,000,(1894
5 g. M-N
58,000 Nov. 1, 1914
($1,000), *fold..
c* I Interest atFidelity Trust Co., Buffalo.Trust
1st exten. M., $130,000 1 1901
5g.F-A
...
Aug. 1, 1931
gold
(•1,00
c*>Int'st at Fidelity Trust Co., Buffalo, trustee.
Cannot he called.
) Sinking fund of $2.0oO commences in 1905.
2d extension mortgage, ) 1901
5g.F-A'_j
Aug. 15, 1931
•25,000 (fl ,000) g. • / Int'st at Fidelity Trust Co Buffalo, trustee.
B'jud* eaa be sailed at any Interest date on 30 days' notice.
Bonds— Hinklng fund on Ut mortgage of 1899 becomes operative on
1. 1901, $4,000 being paid annually.
Bonds cannot be called
,
before maturity.
Latest Earnings— 3 moa.
net, $10,159
> 1901..... Gross, $17,046;
July i to Sept. .10.
.Giom, i">,720; net,
J190O
9,986
Earnings— For fiscal year ending June 30, 1901: Gross, $50,146;
net.
other ltcome, $1,871; interest and taxes, $10,755;
1
surplus, $9,035.
Road— Owns and
operates
1258 mi'es
of road; sidings, -75; total,
Maturity.
Bonds guaranteed—
July 1, 1909
St. Ry. )
1889.
5 g J-J
$250,000
$250,000 gold [Subject to call at 106 in 1899.
$1,000 guar. p. & i. Interest at Mercantile Trust Co., trustee, New
1 st M.
|
(end.)sinkingfundc*)
York City.
Bonds— Additional 6s may be issued at $25,000 per mile for road
acquired and unencumbered. The sinking fund is $20,000 yearly till
January 1,1899, and thereafter $30,000.
Road— Operates 25 miles of track.
Latest Earnings— » mos. > 1900. ...Gross, $228,812; net, $101,491
Jan. 1 to Sept. 30.
185,836; net,
93,160
5 1899.... Gross,
OFFICERS— President, N. W. Wells; Vice-President, Geo. F. Wright;
Secretary. C. T. Stewart; Treasurer, J. H. Millard; Superintendent,
W. B. Tarkington.- V. 65, p. 236; V. 69, p. 492.
OMAHA COUNCIL
BLUFFS & SUBURBAN
a
road.
RAILWAY—
trolley
In July. 1900, controlling interest in this property passed to the
shareholders of the Omaha & Council Bluffs Ry. <fe Bridge Co.
Organization— Incorporated Sept. 28, 1899, with a capital stook'of
$1,000,000. to construct and acquire street railways In Council Bluffs
and suburbs. Line between Omaha and Lake Manawa, a distance
of 18 miles, was completed June, 1900. In Feb., 1900, absorbed the
East Omaha Street Ry. Co.. the formal transfer of which took place
on May 3
1900.— V. 70. p. 382.
In Feb., 1900, tiled a new mortgage for $600,000, given to the Royal
Trust Co. of Chicago and Albert E. Johnson, trustees, maturing in
1920, interest 5 per cent, and redeemable iu 1906.
Wells; Treas. J. H. Millard; Sec, G. F.
Officers -Pres., N.
Wright.— V. 70, p. 231, 382. 1150; V. 71, p. 237.
1
.
W
(1) EAST OMAHA STREET RY.— A trolley road.
In 1900 was absorbed by the Omaha Council Bluffs <& Suburban Ry. Cov
Organization— Chartered April 18, 1893, and afterwards bought
out the line of the Inter-State Bridge & Terminal Ry. Co. Company
holds an exclusive franchise on all the streets in East Omaha until
January, 1919, and for the same time exclusive rights across the
Omaha Bridge & Terminal Company's bridge, spanning the Missouri
River and leading to Council Bluffs, Iowa. This latter franchise la
regarded as very valuable. At present lines are only operated In the
suburb, East Omaha, but ultimately to be extended to Council Bluffs.
Stock & DEBT— Authorized capital $1,000,000, par $100; issue*
and outstanding, full paid, $86,750. No bonds. Dividend 6 p. 0.
January, 1894; none since
Road Operates 5*5 miles of single track on 3*3 miles of street.
Gauge 4 feet 8*2 inches. Rails 40 lb. T and 45 lb. girder.— V. 70, p.
—
1150.
ONEONTA,
Population 1900 was
N. Y.
8,910; in 1890
was 4,461.
was
8,018;
and
in
I88O
ONEONTA COOPERSTOWN& RICHFIELD
SPRINGS RY.— To be a trolley road.
Organization.— This company was organized under New York
laws to construct an electric railway to connect the towns named in
the title, a total distance of 52 miles. In Nov., 1901, 33 miles had
been completed, and the balance Is expected to be completed in 1902.
STOCK
&
BONDS—
Dale.
lnttres'.
Stock, $1,000 0(0
from Clean to Portvllle and Allegany.
Outstanding.
$1,500,000
Interest.
400,000 Jan.T, i.908
1888.
6gJ-J
Subject to call at 110 in 1899.
Int. at Mercantile Trust Co. (trustee), N.Y. City,
gold,$l ,000.sinking
fund, $500,000... c*
)
.
Date.
1st nitre., $1,000,000
($1,000), gold ..
c
>
1901
5
Int. at
5 g.
M N
Outstanding.
$750,000
75O.000
Knickerbocker Tr. Co N.
,
.
Maturity.
Mav
',
1941
Y., Trustee.
—
STKEET KAILAVAYS.
OFFICERS— President, Norman Getman; Vice-President. Edward
C.
White; Secretary, Ch»s. V. D. Peek; Treasurer, Herbert T. Jennings,
206 Broadway,
New York.— V. 72,
p. 83;
V. 73, p. 32.
ORANGE,
65
Earnings— Year endingJune 30, 1901, gross, $36,499. In 1900,
fross, $31 460.-V. 65, p. 278; V. 67, p. 1161; V. 68, p. 474,772,
133; V. 69. p. 1148.
OFFICERS.— President, S. M. Coon; Vice-Pres., Charles A. Tanner;
Treas., James P. Doyle; Seo'y, Dan'l A. Williams— all of Oswego.
N. J.
Population 1900 was 24,141; in 1890 was 18,844,
and in 1880 was 13,207.
MOUNTAIN TRACTION COORANGE Successor
Orange Mountain Cable Co.
to
Organization—
sold Oct. 9,
1895, to Charles E. Eiineraian, of Philadelphia, for $10,550.— V. 61, p.
662. Stock, $100,000; par $100. Jan. 1, 1901, real estate mortgages,
Ownsl^ miles of cable incline,
$35,000; unfunded debt, $19,979.
extending to top of Orange Mountain, in Township of West Orange;
also power house, machinery, 19 aores of land, pavilions and amuse-
ment resort at summit of mountain.
Earnings— For yearending Deo. 31, 1900, gross, $8,703;
deficit
under
operation, $1,365. Not operated during 1897; reopened April 9, 1898.
President, Frank Brewer, Orange Valley, N. J.; Secretary and Treasurer, A. F. Skinner. Nutley, NJ.-V. 60, p. 968,1010; V.61,p. 366,662
SO.
ORANGE
& MAPLE WOOD TRACTIONOwns no road but
leases the 8outh Orange
Maple
Organization—
wood St. Ry. Stock authorized and paid in to Jan. 1, l9ol, $25,000;
<fe
bonds have been authorized, but none issued to date mentioned; other
debts were on Jan. 1, 1901, $61,501.
Earnings— Year ending Dec. 31, 1900, gross, $19,864; expenses,
$19,536; net, $328; taxes. $959;
Page; Treas., John O'Rourke.
$631.
deficit,
Pres.,
Edward
SOUTH ORANGE & MAPLEWOOD ST.
D.
RY.
ORGANIZATION— Length
of mainline, 2*6 miles double track; total
trolley, including sidings, 5*5 miles. Gauge, 4-ft. 8*2 in. Rails, T and
firder. Power rented. Stock issued, $100,000; dehts Jan. 1, 1901,
68,564. Cost of road and equipment to Jan. 1, 1901, $273,930. President, Edward D. Page. General othoe, West Orange, N.J.
ORANGE & PASSAIC VALLEY RY -Trolley
Organization— Incorporated
Traction Co.;
STOCK
road.
OTTAWA,
OTTAWA RAILWAY LIGHT & POWER
CO.— A trolley.
Organization.— Organized in March, 1899, under the laws of Illiand in July, 1899, purchased the Ottawa Street Railway (previously sold at foreclosure) and the Thomas Electric Light & Power
Co. The latter has been in successful operation since 1884, and has a
complete modern plant located in the centre of the city. Water power
Is used in generating electricity for both light and railway Franchise
perpetual for electric lighting and until March, 1919, for railway.
nois,
&
Date. Interest. Outstand'g. Maturity.
BONDS
STOCK
150,000
Stock authorized, $150,000
Apr.1,1929
150,0
1st M., s. f., g, $150,000.) 1899 5g. A&O
slnt. at American Loan & Tr., Boston.
$1,000 and $500
Sinking fund of $2,000 a year is provided, to b invested in the bonds
E. H. Rollins & Son, Boston,
If they can be purchased at 105 or less.
floated the bonds.
Earnings—For year ending July 31,1900. Gross earnings of rail
way and electric companies combined were $39,193; net, $13,424
For six months ending Dec, 31, 1900, gross was $21,667.
Road and Plant— Operates about 8 miles of line, covering the principal streets of Ottawa, and also runs out of the city to Ellis Park, a
pleasure resort on the Illinois River. Equipment, 11 motor and 7
trail cars.
Has both steam and water power plants for generating
power, which can be operated independently if necessary. Is supplying 107 arc and 6,400 incandescent lights and operating three 50light arc dynamos, belonging to the city, for street lighting.
OFFICERS —President, F. S. Donnell, 45 Milk St., Boston; Secretary,
Treas. and Man., Louis W. Hess, Ottawa, 111 —V. 71, p. 1013.
>
1898 as successor of Suburban
sold in foreclosure July 6, 1898.
& BONDS—
in
Date.
Outs'ding.
Maturity.
$1,000,000
5J-D
Dec. 1, 1948
590,000
} 1898
lstmort
S100O0OO
1st
mort., $1,000,000
£ N j Tit Guap & Tr Co of Jer8ey C V) Tr<
Road— 10 miles of track on 7 miles of streets in Bloomfleld, Orange,
West Orange and East Orange
EARNINGS— Earnings for year ending Dec. 31:
Earnings.
1900.
1899.
Expenditures.
1900.
1899.
From pas'ng'rs. $73,048 $64,140 Repairs
$1,433
$40,311
Other sources. .. 3,802
75 Sup'ten.&man. 38,691
OTTUMWA, IOWA.
Interest.
Stock, $1,000,000
....
Population 1900 was lw,197; in 1890 was 14,001,
and in 1880 was 9,004.
,'
I
|
Net
$64,215
$36,726
23,904
OFFICERS- President, Charles A. Sterling; Vice-President, David
Young; Sec. and Treas., Wm. G. Shailer.— V. 67, p. 75; V. 68, p. 381.
$76,850
|
CO.-A
trolley road.
a reorganization in 1900 oftheCiti
zens' Traction Co. Incorporated under the laws of Wisconsin.
Population served (estimated) 1900, 50,000. Franchises run to 1932.
In 1901 control of this property was sold by Emerson McMillln &
Co. to F. 8. Donnell and associates of Boston, and new officers elected
as below.
Organization, Etc.— This
is
Stock and Bonds-
Date.
X
Interest. Oulstand'g.
Maturity.
$650,000
<
1900 5 g. A-O 550,000 Apr. 1, 1930
gold,$l,000
c* I
Trust Co. of America, N. Y., trustee.
Bonds— Of the mortgage for $1,000 000, $450,000 are reserved for
future purposes. Bonds are redeemable at 110 and accrued interest,
upon six weeks notice.
Road— Owns and operates 30 miles of road. 15 miles in Oshkosh and
15 miles of interurban road running to Neenah and Menstha.
Earnings— For fiscal year ending March 31, 1901, net, $32,903;
charges, $27,500; surplus, $5,403.
OFFICERS— President. F. S. Donnell, Boston; Vice-Prest. and Gen.
Man.,E.E. Downs, Oshkosh; Secretary, Josiah Cratty, Chicago; Treasurer, Jas. L. Board, Port Huron, Mich.— V. 64, p. 7^9; V. 69, p. 333,
1147; V. 70, p. 632, 634, 741, 998; V. 72, p. 723; V. 73, p. 446.
OSSINING, N. Y.
Population 1900 was 7,939; in 1890 was 9,352;
and in 1880 was 6,578.
—
ORGANIZATION Is successor to the Ottumwa Electric & Steam, which
in turn succeeded the Ottumwa Electric Ry. Co., the property of the
latter, including railway, heat and power plant, having been sold
under foreclosure on April 28, 1898 (V. 66, p. 901.) Franchises for
street railway, electric lighting and steam heating plants were extended by municipal election on July 8, 1901, for a period of 25 years.
Date. Interest. Outstanding. Maturity.
STOCK
BONDS—
Stock, $500,000
1st mort. $500,000 ($1,000)) 1901 5 g A-O
$^00,000 Oct. 1, 1921
gold
c* slnt. atU. S. Mortgage & Trust Co., N. Y.
&
the authorized issue of $500,000, $200,000 are reserved
and betterments.
ROAD—In 1901 company operated 7*2 miles of trolley in city of Ottumwa, Iowa. 3*a miles of extensions will be built during the year.
All operated by electricity. Weight of rails, 60-lb. "|\ Standard guage.
Also does municipal, commercial and resilience electric lighting; supplies electric power for stationary motors, etc., and operates a system
of steam heating, with 3*2 miles of mains.
OFFICERS—President, J. H. Merrill; 1st Vice-Pres., G. W. Wattles.
Omaha; 2d Vice-Pres., Samuel Mahon; Sec, J. B. Sax; Treas.. J. W.
Garner; Supt and Purch. Agent, Royal H. Holbrook.— V. 66, p. 901;
V. 70, p. 743; V. 73, p. 139, 723.
OWENSBORO, KY.
Population 19C0 was 13,189; in 1890 was
and in 1880 was 6,231.
OWENSBORO
& Henderson
hoked
&
8tock,$5O,000(par$50)
IstM
is* m., *ow
$500 eacn
each
$50,000f.p
1908
25 000
^ Interest at Louisville Banking Company.
2d $100,000 ($500), cur., < 8*3 1894 6J-J
75,000 Jan. 1,1917
not subject to call
< Interest at Louisville Trust Company.
Bonds—Of second 6s $25,000 reserved for first mortgage when due.
ROAD— Owns 10 miles of trolley t' ack in Owensboro and suburbs.
OFFICERS—Pres.,W. E.Whitely; Sec.,R.A. Miller; Treas., J. H. Parish.
general reorganization
Interest in default.
Current
liabilities
30,1900
Earn nqs— Years ending June 30
i
1900.
Gross
June
24,527
Road— 2-76 miles of track.
1899.
$19,683 $18,744
512
def.4«8
Net
Charges
Balance
6,724
di.6,212
6,202
df.6,690
65, p. 925; V. 73, p. 554.
OSWEGO,
N. Y.
Population 1900 wr AS 22,199; in 1890 was 21,842,
AND in 1880 WAS 21,117.
OSWEGO
TRACTION.-Trolley.
Incorporated at Albany June 17, 1899, as successor to the Oswego
Street Railway and the Lake Ontario & Riverside, sold at foreclosure
April 10, 1899, according to plan in V. 65, p 278. but not formally
turned over to the new company until Feb. 1, 1900. Charter perpetual.
Date. Interest, Oulstand'g.
_ Stock & BONDS—
Maturity.
Stock, common, $200,000
$200,000
Pref.. $100,0 0. non-cuin
4
100,000
1st mtge., $100,000, gold, < 1899
5g.
97,000 June 1,1929
$1,000
Trustee,
\
Knickerbocker Tr. Co., N. Y.
9
3
1 1929
2d mtge., $200,000, ($500,...
\ i n ? kerD ocller
Road— ll^ miles of track.
Latest Earnings— For 4 months ending Oct. 31, 1901, gross,
ft
$iy,oi9.
T^^tSSU
.'
$
8 ^ 1888
6 J "J
>
PADUCAH, KY.
Population 1900 was 19,446; in 1890 was 12,797,
AND IN 1880 was 8,036.
is
for.
Stock $100,000, par $100.$100,000
1st mort. 6s, J-D
100,000
—V.
A
CITY RAILROAD-A trolley road.
in 1886. Franchise runs till 1936 and
gives exclusive rights to operate street railway in said city.
Maturity.
Miles. Date. Interest. Outstand'g
Stock
BONDS—
was purchased from the receiver in 1901 by Barrett
of Cleveland, for $50,000.
9,837,
ORGANIZATION—Chartered
OSSINING ELECTRIC RAILWAYThis property
trolley
for extensions
Population 1900 was 28,284; in 1890 was 22,836;
and IN 1880 wt as 15,748.
WINNEBAGO TRACTION
OTTUMWA TRACTION & LIGHT CO.-A
road.
Bonds— Of
OSHKOSH, WIS.
Stock, $6~"
$650,000
1st mortgage, $1,000,000,
ILL.
Population 1900 was 10,588; in 1890, 9,985;
and in 1880, 7,834.
PADUCAH RY. & LIGHT CO.-A
trolley road.
Organ ization— Consolidation in 1898 of the entire street railway and
electric-lighting plants of
granted 25-year franchise.
Stock
&
BONDS—
Paducah.—V.
Date.
In 1899
67, p. 127, 483.
Interest. Outstanding.
Maturity.
Stock, par $100
$200,000
1st mortgage $400,000 gold.
1898 6 g. J - J 400,000 July 1, 1918
Interest at American Trust & Savings Bank, Chicago, Trustee.
Sinking fund July 1, 1903, 3 p. c. annually of amount outstanding.
Bonds are redeemable at 105 after 10 yeaib.
Road— Operates about 14 miles of track.
Earnings— Gross earnings for 1900 were $103,750; in 1899,$91,000.
OFFICERS— President, Geo. C. Thompson Secretary, T. J. Flournoy
Manager Geo. C. Wallace.- V. 67, p. 127, 483.
;
PAINESVILLE,
Population 1900 was
AND
O.
5,024; in 1890
in 1880 WAS 3,841.
PENNSYLVANIA & OHIO
was
4,755,
RY.-A trolley road.
Organization— Incorporated on March 17. 1898, to build an electric road from Conneaut westward to Kingvllie, Ashtabula, Sayhrook,
Painesville and Geneva, there to oonneot with extension of Cleveland Painesville & Eastern Ry. Work in progress, commencing at
Conneaut Harbor to City of Conneaut and westward; in opeiation, 7
.
;
STREET RAILWAYS.
66
At tbe annual meeting of stockholders held In Feb., 1901, it
from $100,000 to $600,000.
miles.
me decided to Increase the capital stock
&
STOCK
BONDS—
Date.
-
Stock (par $ 100). $6C 0,000?
suth
\
1st niort. $81,000 gold. .0* J 1899
$500 each,
Maturity
Onlitwirfg.
Interest.
...
u
SJM>
'
$54,000
June 1,1919
A Trust
Co., Cleveland, Trustee.
ROAD— Owns 7 miles of road; total length of projected road, 44 miles.
OFFICERS— President and Pureh. A;t., Thomas Fricke; Vioe-Pres.,
W. F. Stanley; Beoy., E. L. Hills; Treas.. B. W. Baldwin. Office at
s. t
|
&
Datt.
Interest. Outstand'g. Maturity.
Stock
Bonds—
Stock, $700,000 (par $100)
$600,000
1900
5g. J-J
600,000 Jan. 1, '30
*
1st M.,
M $700,000,
7
°
la
0, gold.
"
g
\ $£**> *• S* Mort, & Trust Co.T VrX^wfi*
*l 000 eaon,
e°a°ei? °s
f
»i,uuu
s. r
f
at Boyal Trust Co Chicago, trustee.
BONDS— Of the $600,000 bonds issued, $450,000 are due Jan. 1,
1930, and remaining $150,000 in varying amounts yearly from Jan. 1,
1905 to 1929, inclusive; an additional $100,000 bonds can be issued
to 80 per oent of cost of future improvements. V. 70, p. 946.
EARNINGS— For year ending April 1, 1901, gross, $67,933.
ROAD— Entire line 29"5 miles of track; owned 15 miles; leases 9-5
miles, and has rights over rive miles of looal street railway in Peoria
with privilege of transferring over 46 miles additional. Freight and
through passenger business handled by steam. Local passenger
business In and between Peoria, Pekin and Crescent by eleotrieity.
The company has union depots in both Peoria and Pekin. Track laid
fNiv.
Ashtabula.
PALMER, MASS.
Population 1900 was
7,801; in 1890
SPRINGFIELD & EASTERN
was
6,520.
ST. RY.-Atrolley
with 70-lb.
T rails.
OFFICERS— President,
road.
ORGANIZATION— This company was formerly the Palmer & Monson
8t. Ry., but In May, 1901, name was changed as above.
Capital stock
$195,000, par *100, issued $195,000. No bonds had been issued to
June l.lfOl.buteompany has petitioned foranthority to issue$195,000
— V.
to
PEEKSKILL,
N. Y.
Popci ation 1900 was 10,358; in 1890 was 9,676,
and in 1880 was 6,893.
PEEKSKILL LIGHTING & RR.OrganizaTION— Incorporated as the Peekskill Lighting Co in July,
1900, and purchased the Peekskill Gas Light Co. and Peekskill Electric Li^ht & Power Co. Name changed as above upon purchase of the
Peekskill Traction. Comprises all the gas, eleotrio light and street
railway interests of Peekskill.
&
Date.
Interest.
Outstand'g.
Maturity.
STOCK
BONDS—
Btock. $500,100 ($100)
....
$350,000
1st nitge., $750,000 ) 1900
5 g. A-O
425,000
Oct. 1, 1930
($1,000) gold. S.F...C* J Int. at N. Y. Sec. & Trust Co., N. Y., Trustee.
Bonds- Whole issue (but no fractional part) can be redeemed on any
Interest date at 110 and interest after Oct. 1, 1905. Sinking fund is
Provided at the rate of $10 80 per bond outstanding, beginning Oct.,
903. Of tbe $325,000 bonds unissued, $75,000 is to be used in part
payment for new power house, $75,000 to pay for the extension to
verplancks Point, and the remaining $175,000 to be issued only for
extensions, etc.. other than those under way at tbe rate of 75 per cent
of the actual cost, and only when net earnings oi the previous
twelve months are equal to at least twice the interest on the outstanding bonds and the proposed issue.
Earnings— Of consolidated properties for six months from June 1
to Nov. 30. 1900, gross, $39,260; net, $15,584.
Road— Owns and operates 6 miles of track in Peekskill and to Lake
Mohegan, with branch to State Camp; extension of 6 miles to Verplanck's Point is now being constructed, together with a consolidated
power house.
OFFICERS— President. B. B. Nostrand, Jr.; Secretary, Alfred Ely, 31
Nassau St., N. Y. ity; Treas., H. Hobart Porter Jr., 31 Nassau St, N.
Y. City; General Office, Peekskill, N. Y. V. 69, p. 852; V. 71, p. 913.
<
PENN YAN,
N. Y.
Population 1900 was 4,650; in 1890 was
and in 1880 was 3,475.
4,254;
PENNfYAN
KETJKA
PARK & BRANCHroad.
PORT
RY— a trolley
Organization— Incorporated Feb. 23, '97. Stock, «100,000; par, $100;
outstanding, $90,000. Bonds, 20-year gold 5s, *100,000, dated Aug. 2,
1897, $500 each, int., F-A, all issued; Amer. Loan <fe Trust Co., Boston,
trustee. Road runs from Penn Yan to Branchport, 8% miles; with
sidings and terminals, 9*4 miles of track. Extension, Branchport to
Poulteney, N". Y., 4>s miles, under consideration.
Earnings- For tiscal years ending June 30:
yeai
(Jross.
Ait.
Other income. Int. and taxes.
Balance.
1901... $20,393
$3,646
...
def. $3,238
$6,884
1900.... 22.171
5,281
$112
6,649
def. 1,256
OFFICERS— Pi fsirtent,
S. Reed, Leominster, Mass.; Sec, F. H.
Vlele, Worcester, Mass.; Treas., W. H. Tylee, Worcester, Mass.
—
w
-
PEORIA,
ILL.
Population 1900 was 56,100; in 1890 was 41,024
and in 1880 was 29,259.
CENTRAL RAILWAY.-A
Miles.
STOCK & BONDS—
Btk $750.000<par,$100)
Date.
1st M., $750,000, gold,
($1,000)
1895
C
>
trolley road.
Interest. Outstand'g.
5g.AAO
Maturity.
$750,000
500,000 Apr.l, 1915
InterestatN.Y.Security&Tr.Co.,N.Y.,trustee.
Bonds of 1895 cover the entire system, including the lines of the Fort
Clark St. Ry., control of which was acquired In Aug., 1895. V. 61, p. 793.
S
Road— Owns 60 miles
of track.
Earnings— No recent reports.
Officers— President, Walter Barker, Sec, J. N. Ward; Treas., H. J.
Woodward General Mana. and Purch. Agt., J. Finley. V. 61, p. 966.
;
PEORIA & PROSPECT HEIGHTS RAILWAY—A trolley road.
Organization— Successor to the Glen Oak & Prospect Heights Ry.,
purchased by this company in Nov., 1897. Capital stock, $100,000;
no bonds. Is supposed to be controlled by the Central Ry. Operates
10 miles of track.
OFFICERS— President, John Finley; Secretary, J. M. Ward; Treasurer, w. Barker.
PEORIA & PEKIN TERMINAL RAIL-
WAY- Steam and
electricity.
Organization— Incorporated In Illinois as Peoria <fc Pekin Traction
Aug. *>, l*!»7, to build and operate a terminal system In and between
Peoria and Pekln. Leases from Chic. K. r. <fe Pac. the Peoria Terminal
RR. for 50 years from December. 1897. In May, 1899, name, changed
to Peoria <fc Pekin Terminal Railway. Serves a population of about
100,000.
_^__**j«
W. H.
PETERSBURG, VA.
Road—Owns and operates 15 miles
of road from Monson through
Ware, and 5 miles from Palmer to Bondsville and Three
Rivers; an extension of 9»« miles from Falmerto Ludlow was completed
and put in operation on Sept. 17, 1901; total 29»a miles. Is controlled
by the A. M. Young syndicate.
OFFICERS— President, Chas. F. Grosvenor; Secretary, A. Plnney:
Treasurer and Gen. Mgr., A. J. Purinton. V. 73, p. 617.
Vice-President,
68, p, 673; V. 70, p. 946; V. 71, p. 30.
5 per cent bonds.
Palmer
T. J. Miller, Peoria;
Trumbull, Salem, Mass.; Treasurer, P. L. Saltonstall, Boston; General
Manager, L. K. Myers, Chicago; Traffic Manager.G. W. Talbot of Peoria.
Population in 1900 was 21,810; in 1890 was 22,680;
and in 1880 was 21,656.
SOUTHSIDE RY. & DEVELOPMENT COOrganization— In Feb., 1899, the Piedmont Traction was purchased, together with the Virginia Traction Co. and the Upper Appomattox Co., by John L. Williams & Sons, of Richmond, Va., and Middendorf, Oliver & Co., of Baltimore, Md., and the Southside Ry. &
Development Co. wasorganized to take over the properties. V. 68, p. 430.
The same people also purchased the electric-light system in Petersburg and control the water power of the Appomatox Co.; also the
water power of said river. Rumors that property has changed hands
are denied.
Maturity.
Date. Interest. Outstanding.
BONDS—
STOCK
Stock, $5(0,000 ($100)
....
$500,000
1st M. gold, $1,000,000)
1899 5 g. M-S
600,000 Julyl.1949
c* 5 Int. at Richmond Tr. &Safe Dep. Co., trustee
($1,000)
BONDS— Bonds can be called on 30 days' notice at 107 and interest
after Jan. I, 1909, but only enough of same to satisfy sinking fund.
Sinking fund payments begin July 1, 1909, 1 per cent paid annually
oi all bonds theretofore issued.
Road— Owns and operates 10-03 miles of road in Petersburg, laid with
90-lb. girder and 70-lb. T rails. In June, 1901, leased the western
branch of the Atlantic Coast Line Ry., running out from Petersburg
and connecting with the Norfolk & Western, 3*2 miles, to which an adadfiition of 1 mile has been built. Company also owns a large park of
160 acres on the Appomattox River.
Officers— Pres., Aug. Wright; Sec and Treas., Chas. H. Davis, both
of Petersburg.— V. 67, p. 435. 1004; V. 68, p. 332, 430; V. 72, p. 937.
&
PHILADELPHIA, PA.
Population 1900 was 1,293,697;
AND
IN 1880
was
i*
1890 was 1,046,964;
847,170.
AMERICAN RAILWAYS CO-
OrQANIZATION— The plan of consolidation of this company with the
America was in July, 1901, finally abandoned. The
American Railways Co. was incorporated under laws of New Jersey
in 1900 as a consolidation of the former American Railways Company and the United States Electric Ry. A LightCo., recently incorporated, which latter had only $1,000 of outstanding stock.
Date. Interest. Outstanding.
MaturityStock & Bonds—
Com.stk.($50),$25,000,000
$3,751,000 Dec, '01, 1*4%
Bills payable June 30, 1901. $1,225,000.
CONTROLLED.—The following is a list of the securities owned by
the American Railways Co. June 30, 1901:
Owned by
Electric Co. of
A
Outstanding.
Altoona & Logan Valley
Bridgeton Electric Co
Bridgeton & Millville (N.
$415,3^0
25,000
J.)
R.
Oo'.
$414,900
25,000
Cost.
$567,546
17,270
Traction
200.000
200,000
159,364
80
Chicago Union Traction Co., stock....
°. 000
1
| Com' 250000
Stock
fl.700
1,702
t200,000
Citv i-assenger
Passeneer Rv
Lity
«y. \^ 8t mortgage
200
200
50,000
25,000
25,000
25,000
Du Page Construction Co., *tock
People's Ry. of Dayton, O., stock
1,100,000 1,095,700 1,316,386
Springfield Light & Power Co., stock. 200.000
200,000
190,203
(IstM. 6s.. 500,000
500.000
500,000
Springtield, O., R>\ Co... 2 Income 5s. 100,000
99,791
79,829
1,000.000
951.100
57.348
( Stock
showed
advances
of
addition
the
balance
sheet
,603,702
In
to the
$1
Du Page Construction Co., for which the stock and bends of the Chicago & Jollet Electric Ry. Co. will be received in settlement.
Co., stock
'
,
t Of this amount the Altoona & Logan Val. Elec Co. owns $169,150.
Three months to Sept. 30, 1901.
Latest Earnings—
5
Amer. Railways Co... (Gross
$263,004, against $243,545
REPORT—The annual report of the American Railways Co for year
ending June 30, 1901. will be found in the Chronicle of Nov. 9, 1901
(V.
'-3,
p. 1008),
showing:
TREASURER'S REPORT FOR YEAR ENDING JUNE 30, 1901.
Interest on bonds owned
$35,041
Dividends on stocks owned
160,124
Miscellaneous income
79,458
Grof s income
$274,623
48,517
Total deductions from income
$226,106
112,530
Surplus
Dividends paid (3%)
Balance, surplus
$113,576
Dividends— First dividend on American Railways Co. stock of 1 p. o»
was paid Deo. 15, 1900; in '01, March (1 l p.c; June, 1 p. c; Sept., 1 p.c;
Dec, 1>4 p. c
Controlled Companies of the American Railways Co. For year
ending June 30, 1901, the companies controlled earned combined:
Gross, $844,297; In 1900, $778,042.
Road.— Total track controlled of all properties, 162 9 miles.
Officers of American Railways Co.: Pres., Samuel G. De Coursey,
Vlce-Pres., W. F, Harrity; Sec and Treas., C. L. S. Tiuglev; Counsel.
Silas W. Pettlt: Gen. Man., H. J. Crowley. General offices. 905 to 913
Witherspoon Bldg.,1321 Walnut St.. Philadelphia— V. 68. p. 770, 821.
1223; V. 69, p. 439, 743, 794,905: V. 70. p. 381.893, 1048, 1094; V.
71, p. 27.287.491, 1012. 1065, 1218. 1310; V. 72, p. 531,987, 1033.
1186, 1278; V. 73, p. 31, 183, 615, 662, 1008.
-
:
STKEET RAILWAYS.
(1)
perpetual.
Maturity.
Inttrest. Outstanding.
Date.
BONDS STOCK
$200,000
Stock, $5* 0.000 ($50)
Jan 1.1930
350,000
5 g. J-J
1st M, $500,000 gold, ( 1900
guar. ($1,000 & $50")<Iut. at Equitable Trust Co., Philadelphia,
(cannot be called )..*o. (Trustee.
Bonds— Ot the 1st mtge. bonds, ¥150,000 are reserved for extensions, improvements, etc. For form of guaranty by American Railways
Co. see V. 71, p. 491. The bonis were listed on the Phila. Stock
Exchange in Feb 1901. The following are deposited as security
under the mortgage:
993 shares of the stock of the Bridgeton Rapid Transit Co.
••
"
•'
'•
Bridgeton & Millville Turnpike Co.
370
"
"
•'
•'
Bridgeton & Deertield Turnpike Co.
277
$250,000 (entire issue) 5 p. c. gold bonds of the Bridgeton Electric Co.
Road -Bridgeton to Millville, 10 miles; Bridgeton to Cedarville.
8H miles; Bridgeton, local, ±% miles; total, 2320 miles. An extension of 18 miles, irom Cedarville to Port Norris, is now under construction, and a part of same will be in operation by Dec. 1, 1901.
&
,
Earnings— Vear ending Nov. 30, 1900, gross. $61,925; other income,
$6,168; total income. $68,093; net, 23.223; interest and taxes,
$8,868; dividends, $10,000; balance, surplus, $4,355.
Officers— President, Samuel (i. DeCoursey; Vice-President, H. J.
Crowley; Beoretarv and Treasurer. C. L. S. Tingley.-V. 64, p. 331,
567. 887; V. 68, p. 1179, 1223; V. 69, p. 439 V. 71, p. 340, 491; V. 72,
p. 282.
;
(2) BRIDGETON ELECTRIC CO.
Acquired in 1899 by the American Railways Oo.
Organization—Chartered in New Jersey Feb 4, 1896. Supplies
light and pnwer in Bridgeton, N. J. Stock, $25,000, Bonds -were $25,
000, but in June, 1900 these were retired and a new issue of $250 000
1st mort. 5 p. o. gold bonds, $1,000 each, dated July 1, 1900. due July
Real Estate Title
1, 1930, interest J. & J. at office of the company.
Ins. ii Trust Co Phila., Trustee, was authorized and pledged with
the trustee of the mortgage of the Bridgeton & Millville Trictiou.
This was done so as to bring the two properties (which are practically
one) under the one mortgage.
.
(3)
CHICAGO & DESPLAINES VALLEY ELECTRIC RY.—
1901 as a consolidation of the Chi
Desplaines Valley Elec. Ry. and the Desplaines Valley Elec. Ry
Organization— Incorporated
cago
OFFICERS— President, Oscar T. Martin; Vice-President, H. J. Crow
Secretary and Treasurer. C. L. S. Tingley; Genl. Mgr., John H.
BRIDGETON A MILLVILLE TRACTION.-Trolley.
Owned by the American Railways Co.
"^ORGANIZATION— Chartered In New Jersey as successor May 3, 1897,
to the South Jersey Traction Co., sold in foreclosure for $90,000.
Company owns two toll roads besides the trolley road. Franchise
&
in
&
Maturity.
Date. Interest. Outstanding.
BONDS—
$1,100,000
Stock, $1,100.000
1,000.000 May 1, '31
1901 5g. M-N
1st M., $1,000,000, gold J
o* lint at 111. Tr. & Sav. Bk., Chic, Trustee.
($1,000) gold
Bonds— The full issue of the new 1st mtge. bonds will be deposited as
collateral security under the bonds of the Chicago & Joliet Elec. Ry.
The American Railways Co. owns the entire capital stock, of which
$1,000,000 is pledged under the mortgage of the Chicago & John
Elec. Ry. The ownership of the stock is lodged in the Du Page Construction Co. Road in operation from the Will County line, where it
joins the Chicago & Joliet Electric Ky., to the city line of Chicag
n
STOCKS
Archer Ave 1 otal miles owned and operated, 23 1a. The through
route between Chicago and Joliet was opened Sept. 25, 1901.
OFFICERS— President, S. G. DeCoursey; Vice-Pres H. J. Crowley;
Sec. and Treas, C. L. S. Tingley; Gen. Manager, F. E. Fisher.— V. 71,
p. 1310; V. 73, p 183.
.
(4) PEOPLES RAILWAY (DAYTON).— A trolley road.
Acquired in 1899 by the American Railways Co.
Organization— Incorporated in Ohio on June 18 1896. Comprises
22 miles of track in the city of Dayton. Ohio. The American Railways
Co. own $1,095,700 of the capital stock.
Date. Interest. Outstanding.
Maturity.
Stock AND BONDS—
Stock. $1,100,000, $100
$1,100,000
1st mort.. "White Line,") 1895 5 g A-O
300,000 Oct. 1, 1925
$300,000, g. ($500), red. Wnt. at Union Savings Bank & Trust Co.,
Cincinnati. Trustee.
Oct. 1, 1900, at $110.... )
1st mort.. "People's Ry.," ) 1897
$150,000 Jan. 1, 1927
red.
Int.
at Union Savings Bank & Trust Co.,
$200,000 ($500), g.,
[
after Jan. 1, '02, at 110. ) Cincinnati, Trustee.
5gJ-J
OFFICERS—President, John A. McMahon, Dayton: 1st Vice-President, H. J. Crowley, Philadelphia; 2nd Vice President, George B.
Kerper, Dayton: Secy, and Treas., C. L. S. Tingley, Philadelphia; Asst.
Secy.. Eugene Wuichet, Dayton; Gen. Man., H. S. Johnson —V. 62,
67
ley;
Miller.— V. 69, p. 439.
SPRINGFIELD (OHIO) LIGHT & POWER CO.
Organization.— Incorporated on Oct. 24, 1891. Furnishes light
and power in the City of Springileld. Capital stook $200,000, all
owned by the American Railways Co. Bonds, $1 12,000 30-year gold
(7)
c, interest J.&J, dated Jan. 1, 1892, due Jan. 1, 1922, subject to
1897, at 106, from the sinking fund in various
periods to 1921.
6
p.
call after Jan. 1,
(8) ALTOONA & LOGAN VALLEY ELECTRIC RY.- Trolley.
Acquired by American Railways Co. in March, 1901.
Organization— Incorporated Dec. 12, 1892, and April 17, 1893, acquired by purchase $169,150 of the capital stock of the City Passenger
Ity. Co.; also owns 18 7 miles constructed under its own charter. Road
opened June 15, 1893. Owns Lakemont Park Co., stook $60,000; also
-
$18 000 Losran Valley Land Co. stook.
The American Railways Co. owns $414,900 stock of the Altoona
Logan Valley Elec. Ry. and $1,700 stock of the'City Passenger Ry.
—
&
Miles. Dale. Interest. Oxilsta'g. Last Div., etc.
BONDS
Stock
$415,350 In'99-'00none
Stock, $500,000, $50
July 1, 1923
5 g. J-J
470,500
1st M. $500,000 gold ) 16^ 1893
$500 and $l,000.c. > Sink. fd. 1 p. c. yearly; bds. subj'ct to call at 105.
Int. at Cassatt & Co., Phila., and 1st Nat. Bk., Altoona
City Passenger Ry.—
See text. Inl8989,5%
Stock, par$50
Jan. 15, 1912
50,000
1st mortg'e $50,000, )
7h 1892 5 J- J
r. s Interest by Treasurer, Altoona.
$1,000
Capital stock of Passenger Railway is $200,000. of which on June330,
1901, $169,150 was owned by Altoona & Logan Valley Electric Ry.
Bonds Sink. fd. on Altoona <£• Logan Valley Electric Ry. Co. 1st M. 5s
commenced July 1, 1894; not less 1 p. c. par value of outstanding
bonds must be appropriated out of net earnings to retire bonds at or
—
below 105 and accrued interest.
Dividends—In 1896 paid 2*3 per cent; in 1896-97 paid
1897-98 and since, none.
(5)
CHICAGO & JOLIET ELECTRIC RY.—Trolley.
Organization—Incorporated as a consolidation of the Chicago &
Joliet Rapid Transit Co. and the Joliet RR. The ownership of the
stock of this company is lodged in the Du Page Construction Co. Is
operated by power purchased from the Economy Light & Power Co.
of
Chicago.— V. 73,
Stock
&
p.
844.
Bonds—
Date.
Interest. Outstand'g.
Maturity.
$2,300,000
)
1Qm
±vvl
5 g.
1,600,000
1933
eold, $2,000,000
5
Joliet St. Ry. 1st M. $75,000.
1889
6 M-N
75,000 May 2, 1904
Joliet RR., 1st con. M., gold ) 1898 5 g. M-N
325,000 May 1, 1918
$400,000 ($1,000 each). 5 Portland (Maine) Trust Co. trustee.
Bonds— Of the new $2,000,000 mtge, $400,000 are reserved to retire
underlying liens. $2,000,000 of the outstanding capital stock is deposited under this mortgage as collateral security. Of the loan of
1898, $/5,000 will be used to take up bonds due 1904.
Road This road is in full operation from Joliet to the Will County
line, where it connects with the Chicago <fc Desplaines Valley Elect.
Ry. for Chicago Operates in Joliet and to northern limits of Lockport, thence to Cook County line; total, 41 miles ot track. Line between Joliet and Chicago was formally opened Sept. 25, 1901.
OFFICERS—President, Samuel G. De Coursey; Vioe-Prest., H. J.
Crowley; Secy. & Treasurer, C. L. S. Tinglev, Gen. Man., F. E. Fisher.
Stock, $2,300,000 ($100)
Chic. & Joliet Elect. Ry.
—
—V.
(6)
66, p. 954; V. 67, p. 73; V. 69, p. 794, 905; V. 73, p. 183, 722.
SPRINGFIELD (OHIO) RAILWAY.—Trolley.
Organization.— Incorporated in Ohio Oct. 20, 1892; 9,511 shares
of the capital stock has been acquired by the American Railways Company, which also owns the entire issue of 1st mtge. bonds
and $99,7yl of the 2d mtge. bonds.
Date. Interest. Outstanding. Maturity.
STOCK & BONDS—
Stock (par $100)
1st mort., $500,000, gold..
$1,000,000
500.000 Jan. 1,1933
Interest at First Nat. Bank, Springfield, O.
2dM., income, $150,000..
1895
5
100.000 Mayl.1905
Interest on firsts was reduced temporarily in 1897 from 6 to 4 p. o„
but is now again 6.
ROAD— Owns 27 miles of track.
gross, $94,662; net, $46,646; int.,
„. EARNINGS— Calendar year 1898,
$20,000; bal., $26,646. In 1897, gross, $77,280; net, $32,302.
1893
6 J-J
2^
p.
c; In
ROAD— In June, 1901, was operating 26*2 miles of track (of which 7*«
miles owned by City Passenger Ry.) connecting Altoona, Bellwood and
Hollidaysburg.
Annual Report.- For years ending June 30, on 19 miles owned
1899-00. 189^-99.
189900. 1898-99.
$4,0a0
Gross earnings $103,337 $85,782 Taxes, etc
$4,143
Net earnings .
55,355
> =
46,911 Sinking fund
o7 *
fi 679
5 000
b
Interest paid..
25,000
25,000 Other expenses. \
Bal. for year.sur.21,265 sr.11,394
The City Passenger Ry. for year ending June 30, 1900, had, gross
$88,982; net, $32,309; surplus over charges, $27,529.
Officers— President, Samuel De G. Coursey; Secretary and Treas.,
C. L. S. Tingley; Gen'l Mgr., C. A. Buch.— V. 69, p. 590; V. 72, p. 531.
.
'
>
.
FAIRMOUNT PARK TRANSPORTATION
Organization— A New Jersey corporation formed in 1894. Charter
perpetual; license from Park Commission runs until July 24, 1939.
Owns an electric railway in Fairmount Park. From Nov. 30 to May 1
operation is optional. Owns Woodside Park. Road opened Nov., 1896.
Date. Interest. Outstand'g.
Maturity.
Stock & BONDS—
Stock, $2,000,000 ($50)
See text.
$1,750,000
1st M., gold, $500,000, call)
1897 5g.
500,000
Sept. 1, '12
105 after Sept. 1, 1902, } Trustee, Girard L. Ins. A.
Tr.. Phila.
c* > As to bonds of 1897 see V. 65, 620.
($1,000)
2nd mort. $250,000, gold, > 1900 5g.
123,000
Sept. 1, '12
($1,' 00)
o* 5 Int. at Girard Trust Co., Phila., Trustee.
MS
&
MS
Floating debt Nov. 1, 1900
55,000
Binds— Of the new 2nd mtge., the unissued $127,000 [including
$50,000 deposited as collateral] may be sold as the business of the
company requires. Bonds can be called on and after Sept. 1, 1902,
at 105 and acorued interest on 30 days notice.
Dividends— First dividend paid Dec. 1, 1897, 2 per cent. None since
to February, 1901.
Road—Traverses West Park and East Park, 8-47 miles of track, and
crosses the 8chuylkill River on a steel bridge. Rails are 90 lbs. Ten
closed and 50 open cars.
EarminGS— Year ending Oct. 31, 1900: Gross, $112,305; net, $68,478; charges, $52,212; surplus, $16,266. In 1899
Gross, $119,905;
net, $70,952; int.. taxes, &o., $46,425; surp., $24,527.
OFFICERS— Prest., Charles A. Porter; Vice-Prest., Robt. H. Foerderer;
Sec. and Treas Ellsworth H. Hults; Ridge Ave. Bank Building, Philadelphia. -V. 65, p. 620; V. 70, p. 686; V. 71, p. 863.
:
,
1140; V. 69, p. 744.
p.
&
PHILADELPHIA
WEST CHESTER
&
TRACTION-A trolley road.
Organization— Chartered in 1895. This company, in Oct., 1898,
absorbed the Delaware County Passenger Railroad and the Philadelphia Castle Rock &, West Chester Passenger Railway Co.; also purchased the majority of the stock of the Pailadelphia & Lancaster
Turnpike Road Co.. and line to West Chester was completed In
Dec, 1898.— V. 60, p. 837. Stockholders voted Sept. 5, 1899, to increase stock from $400,000 to $1,0 0,000— V. 69, p. 132. In Jan.,
1901, $1^0,000 of the new stock was allotted to the shareholders
at par.
Stock
&
BONDS—
Date.
Interest.
Stock, par $50 (Sl.000.000)
^aultTlO^
5g.J-J
Interest at Girard Life Ins. Ann.
&
Outstand'g.
Maturity.
$594,795
390,000 Oct. 1,1918
Tr. Co., Phila., trustee.
Earnings— For fiscal year ending Dec. 1, 1900, gross earnings were
$93,515, as against $85,983 in 1899.
Road— Operates 20 miles from Philadelphia to West Chester.
Leases Phd. & West Chester Turnpike Road Co. for 99^ years from
1895. President, A Merritt Taylor. 700 West End Building, Philadelphia; Secretary and Treasurer, C. Russell Hinchman, office, 902
rTovident Building, Philadelphia.— V. 60, p. 837; V. 67, p. 30, 1309;
V. 69, p. 132.
PHILADELPHIA & BRISTOL PASSENGER
Was owned by the Railways Company General, which in AuRY-1900,
osed of
holdings. In Sept 1901, the property was
gust,
disi
,
its
sold at sheriff's sale for non-payment of taxes and bought by Neshaming Elevated RR.intheinterest, itis supposed, of the recently organized.
Philadelphia & Lehigh Traction Co., whi< h see under Allentown.
ORGANIZATION' Chartered January
STOCK
&
BONDS—
Date.
3,
1896.
Interest.
Outstand'g.
Maturity
Stock (par $50)
$250,000
lstM.,$250,O0Og.($l,000).o* 1896 5 g. J-D
250,000 Jan. 15, '26
Interest
Security Trust Co., Philadelphia, trustee.
Road— Philadelphia to Croydon Station, 7 miles, opened in April,
Earnings.—Year ending June 30, 1900, gross, $12,420; deficit, $5,829.
V. 69, p. 1013; V. 72, p. 184; V. 73, p. 663.
STREET RAILWAYS.
t8
RAILWAYS COMPANY GENERALOrqanization.- -Incorporated at Trenton, N. J., on August 25, 1899,
and is empowered to build, lease, sell, purchase and operate street
railways, electric light, gas, illuminating plants and water works, and
also to acquire or dispose of the securities of the same. Stock authorized, §1,200,000, shares $10; issued $1,140,000. Is listed on the
the Philadelphia 8toek Exchange, stock was originally $10,000,000
mar 96) authorised and $1,500,000 outstanding, hut was reduced in
Oct.. 1 001. to $1, '200,000 (par $10) by vote of the stockholders. V. 73,
p.
3 .-
The following shows the
securities held at present:
Total Issue.
American Engineering Co
Elniira A Seueca Lake Ry.
Elmira A Seneca Lake 5s
Lewisluirg Milton
(di'k)
com. and pref.
(stock)
A Watsontown
Pass, (stock)
LewlsburgM. A W.itMmtown Pass. 5s
153000
230.0O0
150 000
150.000
330.000
100,0
27,500
10 000
500,000
100,000
27,500
10,000
75,000
75,000
300,000
300,000
...
Milton Electric Lt. & Power (stock)
Montoursvile Electric K. (stock)
Montoursvillc Electric St Ry. 5s
Montoursville Pass. Ry. (stock)
Newtown
Newtown
$':00,000
150.00ft
Michigan Traction (stock
Michigan Tract on 2d mortgage 6s
Electric St. Rv. (stock)
Electric St. Ry. 5s
75 00
•
75.000
40000
2C0.000
$1,740,500
Total
Report— For year ending June
30, 1P01:
Income from interest on bonds of subsidiary companies, $50,626;
salaries, rents, taxes, eto, $10,230; interest, $10,066; balance surplus,
$30,330,
OFFICERS— President, Evans
R. Dick; 8eo. and Treas.,
John
J. Col-
Gen. Supt., D. A. Hegartv; Consulting Engineer, H. A. Foster.
Main office: 310 Chestnut Street, Philadelphia.— V. 69, p. 591,907,
1013, 1104; V.70. p. 1049; V.71, p. 85, 237, 911, 1013; V. 72, p. 137,
lier;
302; V. 73, p 338, 445, 616, 723, 900, 1011.
(1)
MICHIGAN TRACTION OF
KALAMAZOO A
BATTLE
CREEK— Trolley.
in Michigan Dec. 31, 1896.
of the Citizens' Street Ry. of Kalamazoo
Organization— Incorporated
A consoli-
dation in 1897
and the
Citizens' St. Ry. of Battle Creek. Railways Company General owns
$330,000 of the capital stock and the entire issue of 2d mortgage
bonds.
Date. Interest. Outstand'g.
Maturity.
8tock $500,000 ($100)
$500,000
let mortgage 8. F. ?700,000 >
1901 5g. J-J
700,000 Jan. 1. 1921
($l,00O), gold
c*Slnt. at Investm'tTr. Co.. Phila., Trustee.
2d mortgage, $100,000, g
1901 6g.F-A
100,000 Aug.1,1911
Bonds- The entire 'issue of $700,000 was offered for sale in Feb.,
1901. by Dios Bros. & Co., Fidelity Title A Trust Co of Pittsburg and
Tracy A Co. of Chicago. A sinking fund of 5% of gross earnings commences in 1902. to be used in buying bonds at not to exceed 110;
otherwise to be invested in other standard securities.— V. 72, p. 391.
Road— Has completed an interurban line of 28 miles between Kala
mazoo and Battle Creek, which was opened for business Aug. 1, 1900,
with an extension of 3 miles to Gull Lake, giving with the city lines
in Kalamazoo and Battle Creek altogether 47 Smiles.
Rails are of
from 49 to 70-lb. T, and 90-lb. grooved girder rail.
Earnings— Six months ending Deo. 31, 1900, gross, $72,292; operating expenses, $40,474; additions and betterments, $2,528; net
earnings, $29,290.
O c FiCERS— President, E. R. Dick, Philadelphia Sec, and Treas., J. J.
Collier. Philadelphia, Pa. -V. 66, p. 857; V. 69. p. 1013, 1104; V. 70,
p. 1049; V. 71. p. 85. 237; V. 72, p. 137, 391; V. 73, p. 445.
;
(2)
LEWISBURG MILTON A WATSONTOWN
PASS.
Officers— Prest. Evans
310 Chestnut
A
RY—A
trol-
St.,
R. Diok; Seo'y
and
to
Mon-
Treas., Jno. J.Collier,
Phila.
SOUTHWESTERN
TRACTION
RAILWAY1808. To run from Moyamensing
Chartered
trolley road.
in April,
to the county line at Bow Creek,
Avenue
miking accessible districts
city. Has 15 miles
southern and southwestern portions of the
completed and in operation.
in the
Owned.
$200,000
300,000
300,000
150.000
from Williamsport
interest JAJ. Operates 5 1* miles of track,
toursville, Pa.
Stock
&
BONDS—
Date.
Outstand'g.
Interest.
Maturity.
$450,i
S'tk ($450,000) par. $100
1st mortgage, $450,000,
00
400.000
1920
< 1898
5g. A-O
gold.($l,000)
( W. End Tr. & Safe Dep. Co., Phila., trustee.
Of the 1st 5s $50,000 are retaiued to guarantee the interest for 18
months. Pres., E. A. Tennis; Treas., U. H. Hapsenplug.— V. 67, p. 1056.
UNION TRACTION.-A troUey road.
13, 1895, and acquired praotioally all the shares of the Electric Traotion and People's Traction Companies in place of which were issued collateral trust certificates
secured by the shares placed in trust In 1896 leased these properties
for 998 years and 3 months from July 1, 1896. On Oct 1, 1895, leased
for 999 years the Philadelphia Traction at 8 p. c on its oapital stock
and has "assumed" its 4 percent collateral trust bonds. V. 61, p 663.
Organization -Chartered September
1, 1898),Hestonville Mantua A Fairmount Passenger Ry. for 999 years at 6 p. c. on preferred and 4 p. o. on common
stock— see V. 66, p. 236. These companies inolude all the leading
street passenger railway lines within the city of Philadelphia. See
terms of consolidation, etc., in statements for the constituent companies and V. 61, p. 152, 197.283,663. In 1901 acquired control
through purchase or entire capital stock ($78,000, par $50) of Frankford & Fairmount Ry. Co. This company has no funded debt. In
1901 the Pennsylvania Legislature amended the Street Ry Act with
reference to the granting of franchises for new street roads, leading
to a great rush for charters. See V. 72, p. 1188.
Maturity or
Int. or
Outlast dividend.
STOCK BONDS— Date. Dividends, standing.
Stock, $30,000,000, >
599,947 shares
$17-50 paid in.
.
par$50
$
TrustCo.certifioates ) 1895
4g,A-0
29,724,876 red.aft.Oot.1,'45
gold, guar. p. & i. > Interest at Pa. Co. for Ins. on Lives
Granting
Union
Tr
Annuities,
trustee.
by
)
Slock— The stock authorized is $30,000,000; par, $50. Issued 599,
947 shares, on which the first instalment of $5 per share was due the
31st of Oocober, 1895, asecond instalment of $5 per share was payable
Mar. 2, 1896, $2*50 per share on March 1. 1897, and $5 was called on
Nov. 16, 1898. V. 67, p. 635.
Trust Certificates—The trust certificates are not the direct obligations of the Union Traction Co., but were issued by the Pa.
Co. for Ins. on Lives A Granting Annuities to pay for the shares of
the Eleotrio and People's Traction companies purchased and are
secured by a deposit with the Trust Co. of all the shares of the stook
of the Electrio Traction Company and the People's Traction Company thus acquired. See description of certificates in V. 64, p. 135.
They are guaranteed, principal and interest, by the Union Traction Co.
and are redeemable at the option of that Co. on and after Oct. 1, 1945.
ROAD— On June 30, 1900, operated 335 miles of road, 448 miles of
track and 3,157 cars.
Annual Report— Fiscal year ends June 30. Annual report for
1900-1901 was given in V. 73, p. 613.
1900-01.
1898-99.
1899-00.
259,527,668
302,225,286
292,237,924
No. passengers carried
Leases (from Jan.
&
&
$13,269,465
5,836,185
$12,996,290
5,624,898
$11,793,858
4,793,366
Net earnings
$7,433,280
162,215
Other income, interest, eto.
$7,371,392
253,528
$7,000,492
242.408
Total net income
Taxes and licenses
Fixed charges
$7,624,920
$1,023,266
5,663,633
$7,242,900
$991,101
5,631,726
Gross earnings
Operating expenses
ley road.
Organization.— Chartered Sept 3, 1897. Commenced operations*
Railways Company General owns the entire issues of
stook and bonds.
Date.
Interest. Outstand'g.
Maturity.
STOCK and Bonds—
In F^b., 1898.
Stock, $150,000 ($50)
1st mortgage. $li-0,000
($1,000), gold
c*
$150,000
...
5 g. J-J
150,000 July 1, 1928
5 1898
Int. at Union Trust Co., Philadelphia.
l
Road— Owns and operates 12^ miles of track from Lewlsburg via
Milton to Watsontown.
AMERICAN ENGINEERING CO.—
(3)
Organization— Incorporated under the laws
of
New Jersey on Nov.
Capital stock of $200,000, half preferred, half common. In 1899
built and equipped 95 miles of inter urban street railway. In 1900 is
said to have had contracts for an even larger mileage.
ELMIRA A SENECA LAKE RY.— A
trolley road.
Organization— Incorporated in New York State on April 29, 1895.
Railways Company General owns $153,000 of the capital stock and
$230,000 of the bonds.
Stock
&
Bonds—
Date.
Surplus
$861,267
$938,021
$617,073
During 1899-1900 $1,909,034 was "spent on capital aooount and in
1898-99 $3,154,047. See Chronicle of Nov. 24, 1900, for plans as to
future needs.
15, 1898.
(4)
Interest.
Outstanding.
Maturity.
OFFICERS-President and General Manager, John B. Parsons; 1st
Vice-President, Geo. D Widener; 2nd Vice Prest., Charles O. Kruger:
Secretary and Treasurer, Robert B. Selfridge; Assistant-Seoretary and
Treasurer, Jno. B. Peddle; Comptroller, Alex. Renniok.
DIRECTORS (Sept., 1901)— George W. Elkins, John B. Parsons,Wllliam
H. Shelmardine, P. A. B. Widener, William L. Elkins, Thomas Dolan,
George D. Widener, Chas. O. Kruger. Jeremiah J. -ullivan, Alfred
Smith. Alex. M. Fox and Alex. Balfour. General Office, Eighth and
Dauphin Streets, Phila.— V. 66, p. 1142; V. 67, p. 175, 635, 691, 734;
V. 68. p. 332; V. 69, p. 182.284. 643; V. 70, p. 4-1, 1150; V. 71, p. 600,
646, 1068; V. 72, p. 582, 937, 1189; V. 73, p. 237, 288, 338, 613.
Stock, $300,000 ($100)
let mortgage, $300,000,...
$300,000
1899
5g. J J
300,000
July 1, '29
J
gold
(Int. at American Trust Co., Phila.. Trus.
Road- Owns 17 miles of road, running from Horseheads to Watkins
via Millport and Montour Falls, to Seneca Lake. Full line completed
and put inoperat on on May 10, lnOO. The company has a traffic contract over six miles of road, connecting Horseheads and Elmira, with
the Elmira Munioipal Improvement Co., now the Elmira Water, Light
<t RR. Co.
Total, 23
lies.
OFFICERS-President, Jno. E. Mulford; Vice-President. Evans R.
ii
Dl<>
try and Treasurer, C L Hathaway, Montour Falls, N. Y.;
Asst. Treas., Jno. J. Collier, 319 Chestnut St, Philadelphia.
(5)
NEWTOWN ELECTRIC
ST.
RAILWAY.— A
trolley road.
ORQANiZATiON-Chartered Dec. 17, 1896. In 1"98 leased the Newtown Lai ghorn A Bri-tol 8t. Ry., chartered in 1895. The Railways
Company General does not control this road, but in 1900 purchased
$200 0O0 of the total $300,000 bonds and $40,000 (par value) of its
Lines Controlled by Union Traction 'o.
(1
&
BONDS—
Date.
Interest.
8tock,auth.,$300,000 ($100)
1st mortal?*
7*1
nYZrn gom
™iii
(*i,ooo),
Outstanding.
300,000
5*
300,000
*?OOOOo( 1898
*30O OO° ] Int at R> al Est Title Ins.
'
/Philadelphia.
I
&
Maturity.
1928
Trust Co.,
rustee.
Road—Owns and operates 27 miles of track.
Earnings— For year ending June 30, 1900:
Gross, $36,445; net,
$3,751.
OFFICERS— President and TTeas., T P. Chambers; Secretary, Geo. C.
Worstall; Gen. Man., A. Chambers; Supt, J. W. Keener.
(6)
MONTOURSVILLE PASSENGER RAILWAY-A trolley road.
Organization-—Chartered In Pennsylvania June 28. 1897. Commenced operation Dec. 16. 1897, and in October, 1899, the entire
capital stock was purchased by the Railways Company General
Capital stock authorized and issued, $75,000. Funded debt authorized
ana issued, $75,000, 5 per cent 30 year gold bonds dated Aug. 1, 1898,
)
CATHARINE & BAINBRIDGE STREETS RY— A
trolley road.
ORGANIZATION— Incorporated May 14, 1889, and leased to the Philadelphia Traction March 1, 1890, for 99 years, and since Oot 1, 1895.
operated by the Union Traction Company; in Sept., 1895, term of
lease was increased from 99 to 999 years and stock from $150,000 to
$400,000 (all owned by Union Traction Co.); rental is $24,000 yearly,
besides interest and taxes.
STOCK
&
BONDS—
Miles. Date.
Interest.
Outsl'd'g.
6% M-S
1890 5 x A-O
$400,000
150,000
234,698
Maturity.
See text
Apr. 1, 1920
lstM.$150,000($1.000)o ....
Due lessee July, 1901
Infest at Land, T. & T. Co., trustee, Penn. Co. for Insur. on Lives, eto.
Dividends— Dividends of 6 per cent are paid.
ROAD—The road aggregates 1136 miles of track.
Stock, par $50
(2) CITIZENS
stock.
Stock
$7,595,495
$1,029,963
5,704,265
PASSENGER RAILWAY-
ORGANIZATION— Incorporated March 25, 1858. Leased to Frankford
A Southwark Passenger Railway Company April 1, 1892, for 999
years; rental now $140,000 per annum, equal to 28 per cent on stook,
or $14 per $50 share. This lease was assumed by the Electrio Traction
ompany July 1, 1893. The Union Traction now operates the road.
Maturity,
STOCK & BONDS— Miles. Date. Interest. Outstand'g.
'
See text.
Stock $500,000 ($50).
11
28%Q-J See text.
Stock paid In $192,500; $20 on 8.500 shares and $16 on 1,500
shares. Road, Columbia Avenue to Mi III in St, 11 miles of track.
(3)
CONTINENTAL PASSENGER RAILWAY-A trolley road.
Sept. 3, 1873. Leased Jan. 1, 1880, to
Union Passenger Railway Companv for 99 years at rental of $6 per
annum,
ebare per
interest, taxes and operating expenses; lease assigned
to Philadelphia Traction Company June 30, 1884. Operated by Union
Traction Company since October 1, 1895. Stocks owned, per balanoe
ORGANIZATION— Incorporated
sheet July
1,
1900, $600,000.
e
:
:
—
;
STREET RAILWAYS.
&
STOCK
BONDS—
Maturity.
Outstand'g.
Miles. Date. Interest.
*« JT - JT 5 20,000 shs.,
See text.
$6
$ $29 paid in.
July 1, 1909
$280,000
1879 6% J - J
Interest at Land, T. A T. Co., Philadelphia, Pa.
o.
and $1,000)
Due lessee for additions July 1, 1901. $660,511.
Bonds are subject to drawings of $20,000 Dec, 1, yearly. Trustee
*,„
v.
d.*n
par$50
Stock,
1st mortgage, ($500$
Own 1007
ELECTRIC TRACTION-
Land ntle
(4)
«k
miles of track.
Trust Co.
&
Issued.
Outstand'g.
Dividends.
BONDS— Par.
STOCK
$8,297,920
Stock (part $30 pd.) $50
282,100
282,100
7
Funded debt
Stock authorized, 175,000 shares of $50 each; issued, 152,396 shares
«f $50 paid and $22,604 shares of $30 paid, making total $8,297,920.
Road—On June 30, 1901, operated 12092 miles of track. Rail 90 lbs.
63, p. SS7-
EMPIRE PASSENGER RAILWAY— A trolley road.
(5)
)
Tr'stCo.. Philadelphia, Trustee.
to retire alike amount of 7s, due
July, 1900.
Due lessee Co. for additious July 1, 1901, $705,715.
Road— Owns 10-25 miles of track.— V. 70, p. 1150.
FRANKFORD & SOUTHWARK PASSENGER RAILWAY-
4, 1854. Acquired stock of Lombard e South Streets Passenger Railway in 1890 and secured control of
the Lehigh Ave. Railway in 1893. Leased to the Electric Traction Co
for 999 years from July 1, 1893, dividends for the several years named
below being guaranteed per share
5th
6th
7th 8th 9th 10th <fe after.
3d
4th
2d
1st
$12 $12 50 $13 $13 50 $14 $14 50 $15 $16 $17
$18
&
BONDS—
Miles. Date. Interest. Outstand'g. Lastdiv.,etc.
45
Q-J $1,875,000
Stook, par $50
See text
Debt of Controlled Lines (assumed by Electric Fraction Co.):
Lombard & South
Sts.
)
1881 3^ J-D
Pass. 1st M. ($500 &£ 10
$150,000 Deo. 1, 1951
c)
$1,000)
1875
West End Pass'gr Ry., \
9
132,100 Oct. 1, 1905
M. ($100 & $500... c I Mortgage trustee, Phila. Trust S. D. & Ins. Co.
Interest on all loans payable by Elec. Tr. Co., 421 chestnut St., Phila.
The Lombard & South Sts. Pass. Issue of $150,000 was originally 5
per cent, but was callPd at maturity and then extended for 50 years
from Deo. 1, 1901, at 3*2 per cent.
ROAD—Controls 45 miles of track, acquired as follows
Fninkford & Southwark Passsenger Railway
20 miles.
Lombard & South Streets Passenger Railway
19 miles
Lehigh Avenue Railway
6 miles.
7A-0
(?)
GERMANTOWN PASSENGER RAILWAY.—A trolley road.
21, 1858. Leased Oct. 1, 1881.
to the People's Passenger Railway Company for 999 years, but rental
modified in 1893 stock after 1897 receives dividends yearly of $5 25
ORGANIZATION— Incorporated April
;
per share.
STOCK
Stock
&
BONDS—
Par.
Date.
Int'st.
$50
500
Q-J
Outsand'g.
See text.
Maturity,
See text.
1864 5 J-D
June 1, 1904
$67,500
f
Falrm'nt Pk. & Del. Interest Is subject to deduction of State tax and
River Pass. Ry.M.r] is payable at Guarantee Trust & Sale Deposit
I
Co. of Philadelphia, Trustee.
[
Stock— Paid in $572,800 $15 per share on 20,000 shares and $35
per share on 10,000 shares.
Road—Owns 31 miles of track. Extension of 2,000 feet from Hlllorest Avenue to city line completed in September, 1898, forms, with
the Roxborough Chestnut Hill & Norristown Passenger Ry. a through
;
line to
(8)
Norristown— V.
69, p. 695.
GREENE & COATES STREET8 PHILA. PASSENGER RY.-
Organjzation— Incorporated April 27, 1858. Leased to People's
Passeuger Railway for 999 years from Sept. 1, 1881, at an annual
rental of $60,000, interest on bonds, and expense of management.
STOCK & BONDS— Miles. Date. Inter
Outstand'g.
Maturity,
Stock, par $50
$6
8
Q J
HESTONVILLE MANTUA &
ORGANIZATION— Incorporated April
See text.
$°fg°°d in!i
due July 15, 1898.
Owns 7 miles of road.
{
There was a mortgage for $100,000 which
Dividends are 12 p. c. per annum (Q.- J.)
(9)
LOMBARD h SOUTH STREET PASSENGER RAILWAY.—
fell
FAIRMOUNT
PASS.
RE-
1859. Franchise is perpetualLease— Hestonville M. & F. road leased from Oct. 1, 1898, to Union
Traction for 999 years at a rental of 6 per cent on the preferred and 4
per cent on the common stock. By the terms of the lease the Fairmount Park <fe Haddington lease is assigned to the Union Traction
which assumes the dividends guaranteed on that stock (all owned by
Hestonville (o). The Union Traction assumes the bonted debt of
both the Hestonville and Haddington companies and purchased 4,780
shares of the preferred and 35,294 of the common Hestonville stock,
™»e common at $ 45
$50 8nare- v# 66, p. 236. "Loans" June 30,
1901, $1,* 50,000.
STOCK
Dale. Interest. Outstanding.
BONDS—
Maturity.
Common stock, par $50
4J-J $1,966,100 f. p.
See text..
Preferred stock, par $50
6J-J
533,900f.p.
See text.
Mar. 1, 1902
75,000
Heat. Man. *r.iuitt.uj
& F 2d
ex $ 1882 6 " s
Interest at Guarantee Trust Co., Phila.
Consol. M., $1,250,000 < 1891 5gM-N
*1, 175,000
May 1,1924
g., $500 & $1,000. c*x I Trustee, Girard Life Ins. An. & Tr. Co.
Guaranteed rental 999 year lease—
FairmountPk.&Had'gt'ns
„ „ .
„„
„
300,000
See text.
6g F-A
Pass. Ry. St'k, par $50 } Interest is payable in Philadelphia, x Free of tax.
Of the $1,175,000 outstanding, $124,500 were issued Jan., 1901,
as s>* per cents to take up bonds of like amount of the Fairmont Pass.
Ry. due at that time.
Common stock authorized, 39,322 shares preferred, 10,678 shares
par value of each, $50 stock outstanding as in table.
consolidated mortgage for $1,250,000 was executed In 1894, of which
3umcient reserved for prior liens when due, and remainder, as also prelerred stock, sold to meet expense of electrical equipment.
6,
_
&
M
M
—
;
;
(9|)
8ee Frankford & Southwark Passenger Railway.
(10) PEOPLE'S
PASSENGER RAILWAY.—An electric road.
oapltal stock the People's Traction has aoquired 56,122 shares of oommou and all the 23,000 shares of preferred.
Leased July 1, 1896, to Union Traction Co. at 10 per cent per annum
on capital stock ($250 per share) as below shown, nearly all of whioh
Is pledged for People's Traction Co. trust certificates.
Outstand'g.
Maturity.
BONDS.— Dale. Interest.
STOCK
See text.
10%M-S31 a60,000shs.
Common stock $25
10%M-S31 a23,000 shs.
See text.
Preferred stock $25
1875 7J.-J.15
250,000 Jan. 15,1905
lstmortgage
458,000 July 15, 1911
1881 5 J.-J.15
o
2d mortgage
367,000 Mar. 1,1912
Con. M. $1,125,000... > 1882 5 M.-S.
o&r 5 Trustee Guarantee Trust & Safe Deposit Co.
$1,000
&
a Total stock paid in $924,056.
All interest at the office of the Real Estate Title & Tr. Co. Due People's
Traction Co. July 1, 1900, for construction and equipment, $5,538,595.
The stock acquired by the People's Traction Co. was pledged as
seouiity for trust certificates. See People's Traction.
Road Company operates 83-66 miles of track, of which 6-4 miles
owned and 77-26 miles leased and operated.— V. 61, p. 469 V. 63, p JS7>
—
(11) PEOPLE'S TRACTION—An electric road.
Organization— A Pennsylvania corporat'on,
chartered In Maroh,
1893, to operate and equip with trolley the People's Passenger Ry.,
nearly the entire capital stock of which it purchased. In Oct., 1895, the
Uni- n Traction Company acquired practically all Traction stock at $76
per share, the Pa. Co. for Ins. on Lives & Granting Annuities Issuing
therefor its guaranteed trust certificates. On July 1, 1896. the Union
Traotion also leased the road for 998 years and three months.
Issued.
Date. Dividends.
Maturity.
STOCK, ETC.
Capital stock $30 )
+,._.+
Qoo text.
J 200,000 shs. )
see
^
Fullpald. X
(See text.)
\
Trust certs., gold.)
4 g. F.-A. abt. $5,807,970
Feb. 1, 1943
1893.no/ subje't> interest, tax free, payable at Penn. Co. for Insurances on Lives, etc trustee.
to call, $1,000 )
Trust certificates were issued by Pa. Co. for Ins., etc., and are secured by pledge of People's Passenger Ry. stock (see that company
above), and by contract of People's Traction Co., whioh guarantees
principal and interest. Issue limited to $1,000 for 142 7 shares deposSinking fund $25,000
ited, making total authorized $5,810,000.
yearly, beginning Feb. 1, 1903.
To distribute surplus from past operations, in August, 1896, was deolared a dividend of 4*2 per cent per annum.
,
ORGANIZATION— Incorporated April
STOCK
of traok in Philamiles; total, 24-08 miles.— V. 71, p.
r
10, 1869.
LandTitle&
BONDS—The new 34s were issued
(6)
owned 17-83 miles
625
;
Leased Dec. 26, 1873,
to Citizens' Passenger Railway Company and the Seventeenth and
Nineteenth Street Passenger Railway Company for 999 years. Transferred Oct. 1, 18^5, along with all right to dividends on 6,100 shares
of its stock [then held by the Union Passenger Railway Co. as trustee
and lessee], by lease of Philadelphia Traction to the Union Traotion Co.
Miles. Date. Interest. Outst'n'g.
Maturity
STOCK & BONDS—
(All own. t>y Un. Tr.) $600,000
Stoek,par$50
19o ° 3l*f-'200,000, July 1. 1930
wn* „„u .omnnn *
Organization— Incorporated Feb.
istM.,goia, t-oo.uoo...
1901, road
leased and operated
Organization— Of the
ORGANIZATION— Incorporated May 8, 1893, and acquired control of
the Citizens' Passenger Ry.the Frankford & Southwark Passenger Ry.
»ni the Second & Third Street Passenger Ry
In 1895 the Union Traction Company purchased practically all the
stock at the rate of $85 per share for each share on which $50 had
been paid and $70 per share for eaoh share on whioh $30 had been
paid, the Pennsylvania Co. for Insurance on Lives <fe Granting AnnuiOn July 1.
ties issuing therefor its guaranteed trust certificates.
1896, the Union Traction Co. leased the property for 998 years and 3
months. 8ee V. 61, p. 197, and also "Union Traotion."
-V.
Road— June 30,
delphia;
1167,
"
t
F9
(12) PHILADELPHIA CITY PASSENGER RY.— A trolley road.
Organization— Incorporated April 9, 1859. Leased to West Philadelphia Passenger Railway Company for 900 years from Jan. 1, 1884,
for Interest on bonds, $2,500 per year for organization and dividend of
$7 50 per share. Transferred under lease of Philadelphia Traction Co.
Oct. i 1895, to the Union Traction Co.
,
STOCK
&
BONDS—
Stock, $1,000,000.
lstmort.,ext'd..c
Debentures
ROAD— Owns
r.
Outstand'g.
Par. Date. Interest
$50
500
500.&O
$7*2 J-J
1861
5% J-J
5%M-S
f
$23°75 paid
$200,000
100,000
Maturity.
1
See text.
Jan.
Mar.
1,
1,
1910
1925
11-7 miles of track.
PHILADELPHIA & DARBY RAILWAY—A trolley road.
(13)
Organization— Incorporated April 28, 1857. Leased to the Philadelphia City Passenger Railway Company for 999 years from Jan. 1, 1870,
for $8,000 per annum and interest on bonds. Transferred under lease
of Philadelphia Traction Co. Oct. 1, 1895, to Union Traction Co.
Miles. Date. Interest. Outstand'g. Maturity.
STOCK
BONDS—
Stock, par $50
4 J-J $200,000
See text.
&
4 M~N
1927
100,000 May
A Interest at Land>
T & T- Co Philadelphia, Pa.
Istmorteaee
is* mortgage
Road—Owns
c
1,
^
14-80 miles track.
PHILADELPHIA & GRAY'S FERRY PASS. RY.—Trolley.
(14)
Organization— Incorporated April 9, 1858. Leased to Philadelphia
Traction Co. tor 999 years, from Jan. 1, 1891, at rental 1st five years,
$43,225, or $3 50 per share per annum, and $49,400, or $4 per share
per annum thereafter, the lessee to pay all taxes, running expenses
etc Operated by Union Traction Company since October 1, 1895.
Outstand'g.
Last Div., etc.
Stock
Bonds— Mis. Date. Int.
Stock, par $50
See text
$4 J-J j ^^$25^1' \
Dividends at Real Estate Title Ins & Tr. Co. Owns 10 miles of track
&
'
PHILADELPHIA TRACTION—A
(15)
trolley road.
and secured control
of an extensive system of roads in Philadelphia, Pa. (about 210 miles
of track), which it held either by lease or ownership of securities,
not in fee.
Under the lease to the Union Traction Company dated
October 1, 1895, all the leases and the securities owned were assigned
to the Union Company, which assumes all liabilities for rentals, etc.
Organization— Incorporated August
22, 1883,
Consolidation—The lease to Union Traction Co. is for 999 years from
The lease provides for dividends of $4 (8 p. c.) per annum
on each $50 share, payable in gold coin, free of taxes. The collateral
"
trust 4s are assumed" by the Union Traction. See V. 61, p. 663, for
extracts from lease. Philadelphia Traction stockholders were allowed
to subscribe for new Union Traction stock. See V. 61, p. 197, and also
Union T raction " Co. this Supplement.
Maturity.
Date.
Interest.
Outstanding.
PTOCK & BONDS—
Oct.. 1895.
Capital stock (par $50)
8ee text.
$20,000,000
8 A.-O.
CoL trust gold bonds ) 1887 4 g. F.-A. 15
803,000 Aug.15.1917
Sub. to call at 105c* $ Interest, free of tax, payable at LandT.&T.Co.
Trustee, Penn. Co. for Insurance on Lives.
Open accts. July 1,1 900
$3,924,535
The bonds are secured by deposit of W. Philadelphia and Union Passenger Ry. stock. Loan originally $1,300,000, reduced to present
figures oy sinking fund drawings at 105 (about $35,000 a year). These
bonds and floating debt are "assumed" by the Union Traotion Co.
o nder the lease.
Dividends— ) 1885, '86, '87, '88, '89, '90 to '93, '94, 95' *96, and since,
Per cent
2
3
8 p. c per an.
5
4
6
8 (1)
6
S
Under lease dividends of 8 p. o. are guaranteed. V. 61, p. 663; V. 73,
p. 288.
ROAD— The system now assigned to the Union Traction Co. aggregated 210 miles, consisting of the following " Passenger Railways
"
Miles.
Union Passenger Ry
West Phila. Pass. Ry
Ridge Ave. Pass.
Phlla.
13th
& Darby
&
Ry
Pass.
15th Streets
Phlla. & Gray's Ferry
Continental Pass. Ry
Empire Pass. Ry
Ry
Miles.
52-0o Phila. City Pass. Ry
9-45
8'84
27'25 17th & 19th Streets
8-25
15-25 22d & Allegheny
7-30
14-80 Morris & Tasker
5*10
13-10 Catharine * Bainbridge sts.
18-86
10-20 Other lines
9-80
9-80
Total of all
21000
STREET RAILWAYS.
70
Officers— President. George l>. Wideuer; Vice-Presidents, W. L.
Elktns and J. B. Parsons: Beoy. and Treas., Alex. Renniek.— V. 63, p.
311..u7: V. 65, p. 514; V. TO. p. 280; V. 71, p. 238.
($400,000) of the Southwestern Street Railway and a large nortion of
the $400,000 bonds of the same road.
"
Total
(16) RIDGE AVENUE CONNECTING PASSENGER RAILWAY.
Organization— Consolidation of Guard College Passenger Railway
Mad the Radge Avenue .v Manaynnk Passenger Railway on March 8,
1872. Leased to The Philadelphia Traction Co, for 999 years from
Bopt 1, 1892, for dividend of #10 per share per annum to September,
1895, and $12 per share thereafter. Operated by Union Traction
Shares. Shades.
Company since October 1, 1895.
STOCK & BONDS— Miles. Date. Interest.
Stock. $750,000
Par $50
*l 2 O$12 Q-JI
i
J
On account
J
j
OutstamVg.
5lP°° snrs
$28 paid.
J
-
I
Last div., etc.
Se« text
See
-
\
some old debts dividends for 1896 were continued
at $10 per share instead of the $12 as noted above. In 1897 dividends
were increased to $12 per share. Owns 1525 miles of track.
of
SECOND A THIRD STREET PASSENGER RAILWAY-
(17)
ORGANIZATION— Incorporated April 10, 1858. Leased Oot. 1, 1893
to the Frankford A Southwark Passenger Railway Company for 999
years for the following guaranteed dividends per share per annum:
1894-95.
1896-97.
1898-99.
1900.
1901.
1902 & aft.
$8 50
See below.
$10
$11
$12
$9
$10 50
Dividends in 1896 and 1897 were to be $9 50 per annum, but the
dividend tor 1896 and for the lirst half of 1897 was at ihe rate of $9
per share instead of $9 50, the balance being applied to the payment
of the debt of $27,000 incurred for paving.— V. 62, p. 785.
This lease was assumed by Electric Traction Co. July 1, 1893.
Outstand'g.
Last div etc.
Stock & BONDS— Date. Interest.
8t
U
Text Q" J $771,076 pd. in.
See text.
shaVS par $50 }
1893.
,
?
SEVENTEENTH & NINETEENTH
(IS)
STS.
PASSENGER
RE-
ORGANIZATION— Incorporated April 12,1859. Leased
to the ContiJuly 1, 1879, at rental
nental Passenger Railway Co. for 99 years from
of $15,000 per annum, being 3 per cent on 10,000 shares (of $50 par)
stock, interest on bonds, taxes, expenses, etc. Transferred under lease
of Philadelphia Traction Co., October 1, 1895, to the Union Traction
Company; all rights of the Philadelphia Traction Co. to dividends on
the 10.000 shares of the 17th & 19th Streets road, which were then
held by the Union Passenger Railwav Co. as trustee and lessee, being
also transferred to the Union Company. Stock all owned by Union
Traction Co.
Outstand'g.
Maturity.
STOCK
BONDS— Mis. Vale. Int.
&
Stock, par $50
1st M. ($500)... c)
Extended
3%
J- J
8
j
1876 5%J-J
Interest at Land, T. &
^sfpald
'
\
$100,000
....
8ee text
July 1,1919
*
T. Co., Philadelphia, Pa.
lessee for additions July 1, 1900, $554,289.
Road— Owns 8 84 miles of track.
<,
Due
-
(19) THIRTEENTH & FIFTEENTH STS. PASS. RY.—A trolley road.
Organization— Incorporated April 8, 1859. Leased Jan. 1, 1892, to
Philadelphia Traction Company for following rental: From January,
1892, to January, 1894, $9 per share per annum; 1894 to Jan., 1897,
per share; 1897 to Jan., 1900, $11 per share, and from Jan., 1900,
12 per share. Lease transferred to Union Traction October 1, 1895.
S10
STOCK
BONDS Miles. Date. Interest. Outstand'g. Maturity.
—
&
$11 J_J |$16°75 8pd! } See text.
18767% A-O $100,000 Oct. 1, 1903
Jan. 1, 1934
50/0 J-J
1894
$400,000
^iar% i i °c: \
Real estate mtges
90,000
Dividend in July, 1895, $5 ner share; the January, 1896, dividend
was not paid, owing to payment of city's claim for paving. V. 61, p
1155. In July, 1896, paid $4 per share; in 1897, $10 50 per share; in
1898, $11 per share; in 1899, $11 per share; in 1900, $11 50 per share;
in 1901, $12 per share.
Interest and dividends are payable at office of the Fidelity Insurance
8tock,par$50
1st M. ($500)
($
P, 00
'
.
& Safe Deposit Co., the trustee of both mortgages.
Trust
The consols are guaranteed principal and interest by the Philadelphia Traction Company, and the coupons are payable tax free.
ROAD— Owns 15 miles of track. Extension to League Island operated
from March 13. 1898. See Union Traction report in V. 67, p. 734.—
(20) UNION PASSENGER RAILWAY—A cable and horse road.
Organization— Incorporated April 8. 1864. Leased to Philadelphia
Traction Company for 999 years from June 30, 1884, at an annual
rental of $285,000, or $9 50 per share on stock, and interest, taxes, etc
Its lease of the Continental Pass Ry. was assigned to the Philadelphia
Traction Co. and since Oct. 1. 1895, operated by the Union Traction Co.
The Union Passenger Railway Co. it is believed, is still holding as
lessee and trustee 6,100 shares Empire Passenger Railway stock and
10,000 shares of 17th
mortgage ($100
and $500)
c.
2d mortgage ($100
and $500)
c.
Due
lessee
The
1
Miles. Date. Interest. Outstanding.
j
9*™
18815xA-0
{gfflSfe}
^
Maturity.
See
$500,000
Mar.31,1911
N °t now redeemable before maturity.
Trustee. Penn. Co. for Insurances on Lives.
1884 5x A-O
Mar.31,1910
250,000
Int. on both loans at Land, T. &T. Co..Phila., Pa.
>
\
)
S
company
for additions Julv 1, 1901, $6,656,506.
mtge. 5a of 1911 were formerly subjeot to call $20,000 yearly, but bonds now bear the following endorsement: "By a resolution of
the Board of Directors, passed OcUber 21, l«8l, this bond is not subject to redemption before maturit}.— J. B. Peddle, Sec."
Road Owns 56 miles oJ track.
st
—
(21)
WEST PHILADELPHIA PAS8ENGER RY.-Cableand horse.
Organization— Incorporated May 14, 1857. Leased Jan. 1, 1884, to
the Philadelphia Traction Co. for 999 years, at an annual rental of
$150,000, or 20 per cent on stock, and interest, taxes, etc.; transferred
Oct. 1, 1895, to Union Traction Co.
STOCK
BONDS— Miles. Date. Interest. Outstand'g. Maturity.
Stock, par $50
$10 J-J $750,000
See text.
1st rnort. ($1,000), S
1876
246,000 April 1, 1906
trustee,
Girard
gold
Life In. An.&Tr. Co., Phila.
c I Mort.
&
6A-0
2d j"
mort ($1 •"
000)
''
,_ Z,
*Tee rrom
tax.
'
"
Eb ctric Light & Power Co. of Delaware Co.
& Philadelphia Eleotric Ry
Edison Electric Illuminating Co. of Lebanon, Pa
Holmesburg Tacony & Frankford Electric Ry. Co
Lebanon Valley Street Ry. Co
Roxboro Chestnut Hill & Norristown Ry. Co
Schuylkill Vallev Traction Co.*
Trenton Street Ry
United Traction Go. of Reading, Pa
Wilkesbarre & Wyoming Valley Traction
Wilkesbarre Dallas & Harvey's Lake Ry
Wilmington & Chester Traction
Wilmin gton City Electric
* The United Power & Transportation Co. is also said
the $100,000 issue of income bonds of this company.
Citizens'
lW
c( Mortgage
I
^
of Llfe
tN
May 1, 1926
780,000
trustee, Pennsylvania Co. for the Ins
& Qr
of Annuities, Philadelphia, Pa.
at Land.T. <fcT. Go., Philadelphia, Pa.
Interest on both loans payable
Due lessee for additions to July, 1901, $2,509,700.
ROAD— Owns 27-25 miles of track.
UNITED POWER & TRANSPORTATION
CO. — Electi ie roads.
Incorporated April 20, 1899, under New Jersey laws to construct,
operate and own street railways, power companies, etc., and do a
general basin88, p. 929).
We show also the
In June, l!*0O. owned the following stocks.
total Stock outstanding of each of the companies. Since then other
securities have Oten acquired, more particularly the entire capital stock
. .
Delaware Couuty
Stock.
6, 194
7,500
5,993
6,000
9,891 10,000
14,972 15,000
9,991 10,000
3,938
4,000
8,000 10,000
19,953 20,000
7.991
8,000
49.552 50,000
3.893
4.00O
39,993 40,000
4,962
5,100
to
have bought
STOCK and Bonds.— Slock authorized, $12,500,000; present issue,
$3,125,000; shares $25, full paid, the last instalment of $5 having been
called Oot. 1, 1901. Bonds, 4 per cent collateral trust certificates, are
in two series, which we have marked (a) and (6) below. [Both bonds
and stock listed on Philadelphia Stook Exchange.]
(«) Under a Trust Agreement between the United Power & Transportation Company and the New Yotk Security & Trust Company,
May 1, 1899 (under which $7,788,797 United Railways Gold Trust Certificates have been issued by the said trust company as trustee), the United Power & Transportation Company has
trustee, dated
deposited with
said trust
company 19,953 shares Trenton
Railway Company. 39,993 shares Wilmington
<fc
Street
Chester Traction
Company, 14.992 shares Holmesburg Tacony & Frankford
Eleotrio
United Traction Company of Readiug,
Pa., 4,962 shares the Wilmington City Electric Company and 49,538
Wilkes
shares the
Barre & Wyoming Valley Traction Company.
Under the above agreement, an additional amouutof $56,203 ot certificates will be issued upon deposit with the trustee of the remaining
shares of the capital stock of the above companies.
(b) Under a Trust Agreement between the United Power & Transportation Company and the Real Estale Title Insurance & Trust
Company of Philadelphia, dated May 1, 1899 (under which $998,
833 34 United Railwa.v s Gold Trust Certificates have been issued),
the United Power & Transportation Company has deposited with the
said trust company, as trustee, 5,993 shares Delawaie County A
Philadelphia Electric Rail^i ay Co. Uuder the above agreement an additional amount of $1,166 66 of certificates will be issued upon deposit with the trustee of the remaining shares of the capital stock of
Railway
Co., 7,991 shares the
the Delaware County & Philadelphia Electric Railway Company.
The principal of both series (which are in $100, $500 and $1,000
pieces) is due at option of holder on July 1, 1949, and thereafter on
any Jan. 1 or July 1, at the option of the United Power and Transportation Co. For both series, also, the semi-annual interest (J. ifc J.) and
the principal are payable in gold coiD, free of tax, at the office of the
Real Estate Title Iusurance & Trust Co. of Philadelphia, trustee.
DIVIDENDS— On Jan. 20, 1900, a dividend of 50o. per share was paid;
also same amount July 16, 1900; in 1901, Jan. 21, $1; July 10, $1.
REPORT— For year ending Deo. 31, 1900: Income from securities
$594,625; expenses. $8,582; taxes, $3,062; interest, »359,484; dividends, $207,500; balance, surplus, $15,997.
OFFICERS.— President. John A. Rigg; Vice Prests., R. N. Carson,
H. C. Moore; Sec. and Treas., Wm. S. Bell. Asst. Sec and Treas., Rem)
Remont Ass't to Pres't and Gen. Mgr., Frank L. Fuller Counsel, R.
L. Jones. General offices, Bullitt Buildiug, Philadelphia. -V. 70, p 77,
277, 281,431, 481, 634, 1293; V. 71, p. 699, 1124, 1312; V.72, p. 284;
V. 73, p. 166, 237, 288.
;
;
(1)
DELAWARE COUNTY & PHILADELPHIA ELECTRIC RY.—
A trolley road.
.
May 11, 1892. Completed from
Media, Pa., to Baltimore Avenue, Philadelphia, in January, 1895;
connects with the Chestnut & Walnut Street cars of the Union Traction
system. In May the United Power & Transportation Company aoquired the road, paying $150 per share for the stock in its 4 per cent
trust certificates secured by a deposit of the stook.
Outstanding.
Maturity.
Date.
Interest.
BONDS—
STOCK
$30o,vi00
See text,
Stock, $500,000 auth
64,000 July 1, 1918
. t
1893
6 J-J
5
^„
Q
„^
1st mortgage
^ Interest at Girard Nat. Bank. Phila.
DIVIDENDS— Paid in dividends: In 1899-1900, $j6 000
ROAD— In 1901 owned 12 miles. Rails 80-lb. T and girder.
Earnings— For year ending June 30, 1900, gross, $80,053; net,
$38,082; other income, $2,368; interest, taxes, etc., $6,503; dividends,
$36,000; balance, deficit, $1,053.
Officers— President, John A. Rigg; Vice-President, H. C. Moore;
Secretary and Treasurer, M. C. Aulenbach.
Organization— Incorporated
&
& 19th Streets Passenger Railway.
STOCK & BONDS—
^ck, par$50
1st
Owned.
(2)
A
HOLMESBURG TACONY & FRANKFORD ELECTRIC RY.—
trolley road.
Acquired in 189 3
In
by United Power & Transportation Co. Paid $35
4 per cent trust certificates for each $50 share of the Holmes-
burg Co.
Organization— Incorporated Sept. 29, 1890. Opened Oct. 6, 1895.
Maturity.
Interest.
Outstand'g.
Date.
STOCK & BONDS—
$750,000
Stock (par $50) $800,000
400,000 May, 1925
5g. M-N
1st mort., $400,000, gold. 5 1895
Trustee. West Phila. Title & Trust Co.
c*
$1,000 and $500
>
paid at R. E. Title Ins. & Tr. Co., Philadelphia.
ROAD—Total track owned, 1G18 miles; track leased, I'll miles.
Earnings— For year ending June 30, 1900, gross, $106,471; net,
$42,355; other income, $<(96; int., taxes, etc., $27,051; dividends,
$10,500; balance, suiplus, $5,800.
Officers.- President, John A. Rigg; Vice-President, H. C. Moore;
Secietary and Treasurer, M. C. Aulenbach.
Interest
(;j)
is
LEBANON VALLEY STREET RAILWAY.— A trolley road.
Organization.— Incorporated on June 28, 1899, as a consolidation
of the Lebanon & Annsvllle Street Railway and the, Lebanon & Myerstown Street Railway. The United Power & Transportation Co.j.owna
9,991 shares out of the 10,000 shares of the capital stock.
Maturity.
Date. Interest. Outstand'g.
Stock Bonds—
$600,000
Stock, $500,000 (per $50)
500,000 July 1, 1929
1899
5 g.
1st mort. 10-308, gold
Road— Owns 24 miles of track. Extension building.
Latest Earnings— For fiscal year ending June 30, 1900, gross, $59,788; net, $29,148; interest and taxes, $28,835; bal., surplus, $313.
OFFICERS— President, 8. P. Light; Vice-Pres., H. C. Moore; See and
&
Treas.,
(4)
A
M.
C.
Aulenbach; Asst. Sec. and Treas., Remi Remont.
ROXBOROUGH CHESTNUT HILL & NORRHTOWNjRY.-
trolley road.
The United Power
<fe
Transportation Co. owns 3,938 out of the 4,000
shares of the capital stock.
Organization— In February, 1898, arranged to] lease the Wissahlckon Electric, Similes, for 999 years; rental to be 2 p. c. on the$145,800 stock for the first two yeai s, 3 p. 0. for the next six years, 4
,
STREET RAILWAYS.
of the
o. for the rest
o. for the next seven years and 5 p.
arm. Now operates 20'60 miles of track. In June, 1896, tiled a
Insurance
Trust
Co..
Title
&
nortgage for $450,000 to the Real Estate
'hiladelphia, seouring 5 percent gold bonds ($1,000), J&D, due June
1926, of whoh $396,000 were outstanding July 1, 1900. Capital
itock authorized. $450,000; Usued, $198,4. 0; par, $50.
For year ending June 30, 1900,gross, $124,103: net, $41,855; inter>.
i.,
mt, taxes, rentals, etc, $32,255; dividends, *15,872; balance, deficit,
56,272. Pres., J. A. Rigg; Vice-Pres., R. N. Carson; Sec. and Treas.,
if. C. Aulenbach— V. 62, p. 1042.
(5)
8CHUYLKILL VALLEY TRACTION.—Trolley.
Organization— Incorporated in September, 1893, as successor to the
forristown Bridgeport & Conshohocken Traction Co. Since Jan. 15,
.895, has controlled and operated the Conshohocken Ry. ,the Montgomery
Jounty Pass. Ry., the Citizens' Pass. Ry., Ambler Electric, Coilegeville
Electric St. Ry. and the Norristown Pass. Ry. The corporate existmce of the several companies will be maintained, but their bonds will
)t» taken up as rapidly as possible.
In Feb., 1900, the United Power & Transportation Co. acquired control by purohase of $400,000 of the $500,000 capital stock and the
mtire $100,000 issue of income bonds. V 70, p. 281.
Outstanding.
Maturity.
Date. Interest.
BONDS—
STOCK
$500,000
Jtock. $1,000,000 ($50)
20 ',000
Nov., 1945
5 g. F-A
Lstmort., $500,000, gold) 1895
($1,000)
cs Int.at West End Tr. & S. D. Co.,Phil..trustee.
[noome inort., $100,000, ) 1899 5 ann.
100,000 Aug. 1, 1949
Phila., trustee.
($500)
S West End Trust &S. Dep. Co.,
Of the $500,000 1st mortgage dated 1895, $100,000 has been
•etired and destroyed, $75,000 has been reserved to take up like
unount of the Norristown Passenger Ry. bonds, $80,000 to retire the
Citizens' Passenger Ry. bonds, $9,000 for other outstanding bonds
ind $36,000 are for improvements.
The securities of the subsidiary companies are as follows, including
K)th those held by the public and by the parent company:
Company, ct-c.
Miles. Interest.
Issued.
Maturity.
Stizens* Pass. Ry. stock.
6^4
$79,520f.p. 2i3.1i.'99^00
Feb. 1, 1925
Let mort., gold, $80,000, )
5 g. F-A
80,000
guaranteed
Subject to call at 105 Feb. 1, 1905
5*2
3onshocken Ry. stock..
145,900
5*2 5 g. J-J
1st mortgage, guarau'd ^
100,000
July 1, 1924
principal and interest., s
Subject to call at 105 July 1, 1904
1^2
Hontg. Co. Pass. Ry. stk.
150,000
1*2 6
1st mortgage
J-J
15.000
1924
4i4
Sorristown Pass. Ry. stk.
75,000
6% in '99-00
414 6
1st mortgage
J-J
75,000
1923
ROAD Operates 25^ miles of track, including the lines of the
ibove-mentioned companies.
Earnings— For fiscal year ending June 30,1900. Gross, $74,804;
let, *1S,137; other income, $3,706; interest, taxes, rentals, &c.,$32,)9t>; balance, deficit, $10,253.
For year ending Dec. 31, 1899, gross
sarnings, $70,170; net, $23,063; in 1898, gross, $63,674; net, $18,705.
-V. 62, p. 279; V. 69, p. 334; V. 70, p. 281.
&
—
.
—
(6)
TRENTON STREET RY—Trolley.
The United Power
&
Trans-
owns 19,953 out of the 20,000 shares of stock.
Organization—Formed June 29, 1898, by consolidation
portation Co.
of the
rrenton Passenger Ry., Mulberry Street Pass. Ry., Pennington Ave.
Passenger Ry. and Ewing Passenger Ry.
In August, 1 899, the Mercer County Traction Co. was formed, with
capital of $100,000. to enable the Trenton Street Ry. Co. to build an
jxtension into Princeton.
Date. Interest. Outstand'g.
Maturity, etc.
Stock
Bonds—
Stock. $1,000,000, p. $50
$1,000,000
i.
&
Pass. First mort
$1,000,000, gold
$1,000 each, c*
Interest at Nat. Mechan.
[t.
Bank, Trenton.N.
Consol. mort. gold
(
)
I
|
!•
J.
J
I
$100,000
1906 to 1915
($10,000 due yearly Sept. 30)
1916 to 1925
$150,000
6g.A-0 { ($15,000 due yearly Sept. 30)
$100,000
1926 to 1930
($20,000 due yearly Sept. 30)
$650,000
Sept. 30, 1931
1898 5g.J-J
Julyl, 1933
$752,000
1891
$2,000,000, $1,000. c*( Int. in Phil. & Trenton; Gir. L. Ins. &c, trus.
Bonds— Of the consol. 4s of 1898. $1,000 000 are reserved to retire
the 1st 6s, and $. 48,000 are held in the treasury for future extensions.
Road— Owns 38 miles of track. The new tracks have 901b. Johnson girder rails. Has power house of sufficient dimensions to operate the system and also to light the city.
Earnings.—Year ending Dec. 31, 1900, gross, $314,651; net, $25,
OOa. Dividends paid, *25,000.
OFFICERS— President, Henry C. Moore; Vice-Pres., John A. Rigg;
3ec. and Treas., Jno. L. Kuser.— V. 68, p. 284, 475.
(7) UNITED TRACTION (OF READING)—
In 1899 control acquired by the United Power & Transportation Co.,
which holds 7,991 out of the 8,000 shares of stock. Stockholders were
given $75 in 4 per cent collateral trust bonds of the Power & Transportation Co. for every $50 of United Traction Co. stock held, with
right to subscribe for Power & Transportation stock.
Organization—Incorporated ou December 17, 1895, in perpetuity,
to oontrol the Reading Traction, leased on Jan. 1, 1896, for 900 years,
ind Reading & Womelsdorf Electric (stock owned) roads. Also owns
the stock of the Metropolitan Electric Co.
In January, 1899, the Reading Traction Co. acquired control of the
Reading & Southwestern Ry. ot 7^ miles, and on Julv 29, 1901, it was
lease! to the United Traction for 999 years, for interest on $100,000
bond* and 12 per cent on the $130,000 capital stock.
Date.
STOCK AND BONDS—
Outstand'g. Maturity.
Int.
Btock, $400,000 (par, $50)
$ 103 ,700 full Dd
IstM., coll. trust, gold, $150,-) 1896 5g J-J
149,900
Jan.1,1926
000 (par$100& $1,000).. 0*$ Trustee, R. E. Title, Ins. & Trust, Phila
Interest at Co.'s office. Bonds subject to call at par after three years.
Road— Operates 48 miles of track (Reading Traction, 31 miles,
Reading <fe Womelsdorf Eleo., 14 miles) in and between Reading;
womelsdorf. Black Bear and Stony Creek; Reading & Southwestern,
7 miles.
Earnings— For fiscal year ending June 30, 1900, gross, $361,807;
net, *180,498; interest, tixes, rentals. &c. $143,041; dividends, *24,000; balance, surplus, $13,457. In 1899, gross, $30i, 81 4; net, $135,398; interest, taxes and rentals, $136,447; deficit, $1,049.
Officers— President, John A. Rigg; Vice- Pre*., Henry C. Moore; 8ec.
C. Aulenbach.— V. 61, p. 1014, 1118; V. 67, p. 1264; V
and Treas., M.
68, p. 830, 829, 873.
Controlled by United Traction Co.
(a)
READING TRACTION—A trolley road.
Organization— Chartered March 9, 1893, to operate the Reading
and East Reading Passenger Railway, which it
equipped with electricity and leased for 99 years, the former from
pn
1 1893 and the latter from May 1, 1893. Road leased in Decemi
;
r
ber, l89o, to the United Traction at a rental of
$10,000 annually for
first three years, $20,000 for next two
and $30,000 thereafter. In
January, 1899, acquired control of the Reading & Southwestern Ry.,
which on July 29, 1901, was leased to the United Traction.
iaty Pass. Railway
-
>
&
71
BONDS— Par.
Maturity,
J-J
$1,000,000
See text.
1893 6g. J - J
445.000 Jan. 1, 1933
f stM.,$600,000,g.,gu<
Not subject to oall c* c Trustee is Provident Life & Trust Co., Phila.
Loans July 1, 1900, $199,860.
Interest is payable in Philadelphia at Bank of North America and in
Reading at the office of the company and National Union Bank.
Bonds— Ot the Reading Traction first mortgage bonds for $600,000;
$112,000 are reserved,to retire Reading City Pa-tsenger bonds when due.
Dividends— A dividend of 1 p. 0. was paid in Jan. and July, 1900;
in 1901, Jan., 1 p. c; July, 1^ p. c.
leased lines secur's. Par. Date. Interest. Outstand'g. Last div., etc.
Reading City Pass. Ry.
See text.
J-J $350,000
$50
Stock (see below)
Apr., 1909
1889
5 A-O
112,000
IstM
East Reading Elect. Ry.
See text.
50
J-J 100,000
Stock, full paid
5 p. c.
21,500 July 1, 1937
1897
Bonds. $25.000
Read. & Temple Elec. Ry.
8ee text.
43,200
7 A-O
Stock, $75,000, guar
43,500 Oct. 1, 1924
1894
5 A-O
1st intg., $75,000
Dividends on Leased Line StocJcs—The Reading City Passenger stock
to reoeive dividends. 1896 to 1899 inclusive, 10 per cent; 1900 and
thereafter, 12 per cent. East Reading stock receives dividends 1896
$6,500; 1897 to 1900 inclusive, $7,000; thereafter, $8,000.
Road- Owned and leased 31 miles of track. V. 64, p. 177.
STOCK
took., $1, 000,000 au.
Dale.
Interest. Outstand'g,
$50
:
(b)
READING & WOMELSDORF ELECTRIC RAILWAY.
Organization, Etc.— Owns 14 miles of track. Controlled through
ownership of stock by the United Traction Co., which operates the road.
STOCK
Stock
&
BONDS—
Dale.
Interest.
$500,000
330,000 Jan.
1895 5 g. J-J
Trustee, Real Est. Title Ins.
Interest at Reading Trust Co. of Reading. Pa.
1st
mortgage, $400,000,
gold, o* ($1 00, etc.)
Maturity.
Outstand'g.
$
I
1,
& Tr.,
1925
Phila.
(8) WILKESBARRE & WYOMING VALLEY TRACTION.-The
United Power & Transportation owns 49,552 out of the 50,000 shares
of stock.
Organization— Incorporated Feb. 9, 1891; controls all the street
railway lines in the Wyoming Valley, Pa., extending from Wilkesbarre
to Dufyea and Nanticoke on east side of Susquehanna River and
Pittston and Plymouth, on west side.
&
BONDS -
Maturity.
See text.
$5,000,000
<
1891 5g. A-O
1,500,000 Apr. 1,1921
c* ( Interest at Provident Life & Trust, Phila.
($1.000)
Jan. 1, 1925
Collat. Tr. & Mortgage J 1895 5g. J-J
$325,000
$325,000, gold
t Int. at Anthracite Sav. Bk., tr., Wilkesbarre.
Underlying Bonds on Roads Purchased—
Coalville Pass. Ry. bds
12,000
Wilkesb. & Surb. bonds
40,000
5 p. c.
Wilkesb. & W. Side bds
35,000
Guaranteed bonds
Dec. 1,1918
Pitt.St.CarlstM.($1000) ) 1893 6g. J-D
$200,000
c*,p.&i. uncondit'y gu. s Int. at Real Estate L. & Tr. Co Phila.. Trus.
PlymouthBr. Co.lstgoldJ 1894 5g.A-0
Oct. 1, 1924
$150,000
M.$150,000, guar.p.&i. ( Int. at Anthracite Sav. Bk., trustee, Wilkesb.
$10,000 subj. to call in 1904 and $3,000 yearly thereafter.
Wilkesbarre & Kingston
6 F-A
90,000
150,000
See below.
Wilkesb're&E. SideRy
5s
DIVIDENDS— In 1896, Jan., 1 per cent; July, 1 percent.; in 1897»
Jan., 1 p. o.j in 1898, Jan., 1 p. c; in 1899, Jan., 1 p. 0. In 1900 and
1901, (?).
Road— Comprises 64 miles of track, fully described in the
Chronicle of Feb. 22, 1896, page 361.
Companies Controlled in System—The following table shows the
STOCK
Date.
Outstand'g.
Interest.
Text.
Stock (par $100)
1st M. $1,500,000, gold
—
several companies operated, their mileage, capital stock, and the
amount of it owned by the Traction Company, their debt, and finally
the rental payable under 999-year leases; 6 per cent here meaning 6
per cent on the outstanding capital stock; and $1 meaning a nominal
rental, the company having only a nominal existence.
Stoclt.
Name of Company.
Coalville Passenger Railway
Nanticoke Street Railway..
Pittst. Moosic & P. V. St. Ry.
Pittston Street Car
Plymouth Street Railway...
W. Pittston <fcWyo. St. Car..
Wilkesbarre & East Side*!...
Wilkesb. & Kingst Pass. Ry.
Wilkesb. & Suburb. St. Ry..
Wilkesbarre & West Side
Plymouth Bridge Co
H Entire stock
Miles.
Issued.
5-67
$62,400
12,000
42,000
200,000
12,000
30,000
150,000
100,000
100,000
100,000
75,000
968
1-95
8-82
6-00
2-25
5-00
660
1000
9-63
>
Owned.
Debt. Rental.
$33,700 $12,000 6 p.o.
None.
12,000
$1
None.
42,000
$1
200,000 200,000
None.
12,000
$1
None.
30,000
$1
150,000 150,000
90,0
6 p.o.
99,700
93,500
40,000 6 p.o.
92.450
35,000 6 p.o.
75,000 150,000
and bonds deposited under collateral trust of 1895.
Annual Report—
Tear end. June30. 1900.
Gross earns. .$574,645
*76,954
Net
.
UO^O
rnt.onbds.,etc.
Tax.,rent.,etc.
57,115
V. 65,p. 152; V. 66, p.
—
Tear end. JuneZO. 1900.
Dividends
$150,020
1899.
$52f<,561
263,505
114,147
42,215
285. V.
1899.
$48,328
Bal. for year..df.$21,lllsr$58,815
68,
p 830, 1134.
V. 69, p. 29.
WILKESBARRE DALLAS & HARVEY'S LAKE RY.—The
(9)
United Power
shares of stock.
&
Transportation
owns 3,893 out
the 4,000
of
Organization— A reorganization
of the Wilkesbarre
& Northern
in 1898, per plan in V. 66, p. 1190,
KR.,so1d by sheriff in Sept., '9S. Road,
partly constructed, was completed and electrically equipped by new
company from Luzerne, Pa., there connecting with Wilkesbarre &
Wyoming
Stock
Valley Traction, to Harvey's Lake, Pa., 12-48 miles.
Maturity.
Date.
Interest. Outstanding.
Bonds—
&
Stock, $200 000 ($50)
1st mortgage, $150,000,
—
$200,000
Sept. 15, 1928
) 1898
150.000
5 g. M-S
gold, *500
c* 5 Int at Anthracite Sav. Bk. .Wilkesbarre, Trus.
V. 66, p. 1190; V. 67, p. 488; V. 69, p. 133.
(10)
WILMINGTON & CHESTER TRACTION—
Has been acquired by the United Power & Transportation Co., whioh
owns 39,993 out of the 40,000 shares of stock.
Organization.— Incorporated March, 1898. Controls all the street
railway lines of Wilmington, Del., and Chester, Pa., comprising with
leased lines about 57 miles of track, and with the connecting link,
899, has 66
between •Vilmington and Chester, opened in April,
miles of track. It controls the line from Chester to Media, also the line
to Darby, where connection is made with the Union Traction Company's line to Philadelphia. In 1898, acquired all the stock of the
Wilmington City Ry. ($517,850) and of the Chester Traction Co.
($500,000), both of which are deposited under the collateral trust
mortgage of the Wilmington & Chester Traction Co. The Chester
Traction Co. holds all the stock of the Union Railway Co $100,000;
Chester & Media stock, $35.00n- niie.ster Darby & Philadelphia stock.
$65,000; total, $200,000.
1
,
)
:
STREET RAILWAYS.
72
Stock
&,
Bonds—
Date.
Interest.
Listed on Phil.Ex. $2,000,000
Coll. tr.. sold. $4,000,000)
1898 5 g. A-O
1,705,000 Apr. 1, 1918
(#500 ami $l,000ea.).c* \ Provident Life A Trust Co., Pnila., trustee.
p
bBCURITOfl (NOTOWNBD)
OF Si BBtDl (KV INKS—
l
5 g. M-8
600,000 Sept. 1, 1911
Subject to call on or after Sept. 1 ,1901
nttresi is payable at the Equitable Trust Co., Wilmington, Del.
Chester Trac. 1st M., sold
1894 5 g. M-N
250,000 May 1, 1914
($250,000)
e*
Leased to Chest. Tract.—
Union Rv. Co. 1st M., gold
1893
5gJ-J
200,000 Jan. 1, 1913
($500 & $1.000)0
150.000 rontallOp.o.
10
J-J
Chester St Kv. stock ($5") ...
Ches. A Media BI.Ry.gold) 1893
5 g. J-J
100,000 July 1, 1913
dies. Darby A Phila. gold. 1893
125,000 July 1, 1913
5 g. J-J
Interest on Chester Traction, Union Ry., Chester Street Ry., etc,
Wil.CttyUtM. ,$600,000,^
o J
fold, $500 each
1891
payable at Delaware County Trust Co., Chester, Pa., and Interest upon
all the latter guaranteed by Chester Traction Co.
Bonds— Of the collateral trust 5s of 1898, $1,695,000 are re
served to retire underlying securities and guaranteed stock, $500,000
for future extensions, etc., and $100,000 remain in company's treasury.
Bonds are subject to call at 103 after Apr. 1, 1914.
Officers— Pres., John A. Rigg; Vice-Pres., E. J. Moore; 8ec. and
Treas., W.S.Bell; As8t.8ec.andTreas.,RemiReinont— V. 68, p. 620,929.
(a)
CHESTER TRACTION-A trolley
road.
entire stock of Chester Traction
and also
the Wilmington City Ry. (Delaware) was acquired by Wilm. & Chester
Trac. Co., which company is in turn controlled by the United
Power Transportation Co.— see the latter.
The Chester Traction Co. holds all the stock of the Union Railway
Co., $100,000, Chester* Media stock, $35,000, Chester Darby A Pbila.
st« ck, $65,000.
In Dec 1900, leased for 999 years the Philadelphia &
Chester Ry. and the Southwestern St Ry. of Philadelphia.
All Interest payable at Delaware County Trust Co., Chester, Pa. Interest upon all subsidiary securities guaranteed by Traction Co.
Interest.
Outstanding. Last Div.dc
Date.
STOCK
BONDS—
In '99-00,5%
Stock ($500,000); par. $50
$500,000
May 1. '914
250.000
1st M., gold. ($250,000) s 1894
5 g M-N
<Int.atDel.Co.T.S.O.&T.In8.Co.,Chester,Trus.
($1,000)
c*
Current liabilities June 30, 19u0, $164,593.
Road Company operates 32*87 miles of track
Earnings— Year ending June 30, 1900, gross. $?97,132; net, $125,lli; interest, taxes and rentals, etc., $89,329; dividends, $25,000; balance, surplus, $10,782.— V. 71, p. 1312.
Consolidation— In 1898
PITTSBURG, PA.
Maturity.
Outstand'g.
Stock, $2,000,000; par, $50
f
)>)
&
,
&
Population 1900 was 321,616; in 1890 was 238,617
and in 1880 was 156,389.
Estimated Combined Population of "Greater Pittsburg," including Allegheny, Etc., in 1899. 500.000.
Gas (natural and manufactured),,
I
electric company, trolley.
Organization.— Originally a natural gas company, but in February,
1899, nearly all of its $7, 500,000 stock having been purchased by a
syndicate headed by Brown Brothers & Co.. of New York, and Alexander Brown A Sons, of Baltimore, its operations were extended,
as permitted by charter, to absorb the Consolidat ed Gas Co. of Pittsburg (artificial gas— see V. 66, p. 1188), the Chartiers Valley Gas Co.
and the Allegheny County Light Co. (electricity). It has also acquired'
the entire capital stock of the Mansfield A Chartiers Gas Co., and in
June, 1899, purchased a controlling interest in the Equitable Gas Co.,
both natural gas —V. 69, p. 28. During August, 1899, it also acquired
theentire capital stock of the Low Pressure Gas Co.. which heretofore
supplied th*> towns of Homestead and McKee's Rocks and the borough
PH LADELPHIA CO—
of Ksplan, all adjacent to the City of Pittsburg. Pennsylvania Natural Gas stock was in Nov.. 1899, taken in exchange for Philadelphia
Co. stock at the rate of three shares of gas stock for one share ot the
stock of the Philadelphia Co. V. 69, p. 1015.
In Oct., 1899, it also
acquired the entire capital stook of the Union Gas Co. of McKeesport,
which supplies the towns of McKeesport and Reynoldton. On May 1,
1901, acquired the entire capital stock ot the Braddock Gas
Light
Co.. which supplies the town of Braddock with manufactured gas.
In accordance with an offer previously made (see V. 68, p. 479), thePhiladelphia Company in October, 1899, began exchanging its stook
for that ol the United Traction Co., street railway system, below described—V 69, p. 744; and has acquired 339,586 shares of the com-
&
mon
stock ol that company.
Arrangements for the absorption of the Consolidated Traction and
the merger of various other Pittsburg traction companies have been
completed, and stockholders of the Philadelphia Company are to
meet December 4 to authorize the necessary increase in stock and
bonds and to approve leases, Ac The absorption of the Cons lidated
Traction (as also, it i< u derstood, of the Southern Traction) I* to be
on the basis of the exchange of the stocks of the same for the securities of the Philadelphia Company, while the Monongahela Street Railway and the Pittsburg & Birmingham Traction are to be acquired by
means of leases. See V. 73, p. 554, 723 and 1011.
SCHEDULE OF CAPITAL STOCK SHARES OF OTHER CORPORATIONSOWNED AND POSSESSED ON NOVEMBER 1, 1901.
—
(b) PHILADELPHIA & CHESTER RY.- A trolley road.
In Nov., 1900, the Prospect Park Ry. and the Philadelphia & Delaware Street Ry. were consolidated with the Philadelphia A Chester.
In Dec, 1900, was leased to the Chester Traction Co. for 99 * years,
which in turn is owned by the United Power & Transportation Co.
Maturity
Interest. Outstand'g.
Date.
STOCK and Bonds—
Stock, $350 000 ($50)
$350,000
1st mtge.. $350,000 ($500 < 1900
350,000 Nov. 1, 1930
5 g. M-N
& $1,000), gold
o* (Int. at Finance Co. of Penn., Phila., Trus.
Of the bonds. $25,000 are reserved for future eitensions. Bonds
cannot be called.
Road- Owns and operates 11 miles of track from Philadelphia to
Chester and from Essington to Moore's Station.
—
(c)
SOUTHWESTERN STREET RY.— A trolley road.
In Dec, 1900, was leased to the Chester Traction for 999 years.
Date. Interest. Outstanding. Maturity.
Stock
Bonds
Bt.ck, $400,000
$400,000
"
1920
400.000
,, tM
4UOO OOO fcannnt h« ) 1899 5 S' A
Int rest at West End Tr & 8 D ° -'
caUe'dfVold
caiiea), goia($i,OtO
iSl
^
Phila., trustee.
—
&
oT
-
-
-
Stock and Bonds— Of the Issues. $260,000 bonds and all the stock
are owned by the Un'ted Power A Transportarion Co.: the remaining
$140,000 bonds are guaranteed, p. & i., by the Chester Traction Co.
Road—Owns and operates 17 miles of track within the limits of
Philadelphia. Track laid with 90-lb. girder and 601b. T rails.
PHOENIXVILLE, PA.
1890 was
MONTGOMERY
CHESTER
ELECTRIC
&
RY.— To be a
Population 1900 was
9,196; in
8.514.
trolley road.
OR 3 xnization—Completed from
Phoenixville to Spring City, Pa.,
6^. mi es in June, 139a.
Stock authorized, $100,000; outstanding,
$55,0 JO. Bonds, $100,000 30-year gold 5s, due March I, 1929 ($1,000
ea'hi. int. M-S at Real Estate Trust Co., Philadelphia, trustee outstanding, $100,000. 8ec, C. 8. Jarvia; Treas , Franklin Ingram.
;
PIQUA, OHIO.
in
MIAMI VALLEY RAILWAY-A trolley road.
—
Organization Chartered in August. 1889. Franchises from cities of
Plqua and Troy and County Commissioners of Miami County.
Miles. Date. Interest. Outstanding. Maturity.
STOCKS & BONDS—
Btock ($300,000) $100
$300,000
1893 6 g M-N 200,000
1st M., $200,000, gold, J 14
1908
cl InterestatChaseNationalBank, N. Y. City.
$1,000
Mortgage trustee is the cashier of the Chase National Bank.
ROAD— Owns
7»s miles of trolley track in Piqua laid with 45-lb. girler
rail. 2 milts in Troy and 8 miles connecting the two cities, laid with
48 1b Trail. President. W. P. Orr; Vice-President and Manager, A.
M. Orr; Secretary and Treasurer, L. M. Flesh.
PITTSBURG, KANSAS.
1890 was 6,697.
PITTSBURG RAILROADPopulation 1900 was 10,112;
in
Oroanization— This company was formed as successor to the Pittsburg Frontenac A Suburban Electric and tin; Pittsburg Weir City A
Columbus RR., both sold at foreclosure in October, 1899.
Interest.
Date.
Outstanding.
Maturity.
STOCK
BONDS—
Stock $125,000 ($100)
$125,000
~
5 J J
Jan. 1, 1920
125,000
i.t
«^ ,n
rwm> ™.,«.
t, 5 !900
coupon
1st mort
($1,000,
at MerchantH , Trus ^ ro Phlla trU(,tee.
j , r|t
Road— Operates 14 miles of track, winning from Pittsburg to Frontenac. Litchfield. Med way, Cornell and Yale.
Pres., John J. Tyler, Philadelphia; Vice-Pres Motrin Cliggett; Sec,
Treas. and Gen. Sup't, John R. Tracy, Pittsburg, Kansas.
&
m
.
,
United Traotion Co. of Pittsburg
339,586 common out of 340,000
Consolidated Gas Co. of the City of
Pittsburg (owns stook of Allegheny
'•'
"
Illuminating Co.)
X79.967
80,000
"
"
x29.550
30,000
Chartiers Valley Gas Co
"
"
Pennsylvania Natural Gas Co
19,807
20,000
"
"
14.0oO
Equitable Gas Co. of Pittsburg
13,052
"
Equitable Gas Co. of Pittsburg
4,653 preferred
6,000
"
X14.910 common
15,000
The Allegheny Co. Light Co
"
"
5,000
x2,64l
Allegheny Heating Co
" being all the stock.
16.0<
Union Gas Co. of McKeesport
"
"
2,000
Suburban Gas Co
"
"
1.000
Low Pressure Gas Co
"
"
Pew, Emerson A Co., Limited, Incor.. 1,000
"
"
1,000
American Transfer Co
"
500
Mansfield A Chartiers Gas Co
"
"
200
Duquesne Natural Gas C
Fuel Gas Co. of the Count/ of Alle"
"
200
gheny
"
"
100
Tarentum Light A Heat Co
"
"
100
Carpenter Natural Gas Co
"
"
100
Penn Fuel Co
"
"
100
Acme Gas Co
«•
'
70
Braddock Fuel Oo
"
"
70
Acme Heating Co
"
"
70
AcmeFuelCo
"
"
60
Allegheny A Chartiers Railway Co..
"
"
xlO
The Philadelphia Co. of West Va
"
"
500
Braddock Gas A Light Co
"
"
200
Miflilin National Gas Co
«
All of the above shares, except those marked thus, x, are In the>
treasury of the company, those so indicated (x) are In the hands of
the Maryland Trust Company, trustee under the first mortgage an*
collateral trust dated March 1, 1899.
SECURITIES OUTSTANDING MARCH 31, 1901.
Rate.
Outstanding. Last div, etc
Date.
Bonds—
Stock
Stock, common, $15,000,Q-J
$14,752,918 Oct.,1901,H»
000; par, $50
J
Pref stk. 5 p. c non cum. >
3,998,350 Sep t .,'01,2i«
$6,000,000; par, $50.... 5
4 250.000
Mar.l, 194»
5 g M-S
1899
1st A Col. Tr. M., $6,500,Maryland Trust Co., Trustee
000 gold ($1,000) c'.... J
500.C00
1911
1891
6F-A
Allegh'y County Lt. st M.
1915
6F-A
500,000
1895
Kast End Elec L't 1st M.
United Trac com. stk..)
17,000,000
$17,000,000. par $50. S
3,000,000 July,1901,2V
5 J-J
United Traction pref. stk.
5 g. J-J
4,750.000 July 1,1997
United Trac. gen. M. gold, 1897
$10,000,000 ($l,000).o* Trustee Maryland Trust Co., Baltimore.
Various.
5,250,000
1889 91
Un. Trac Div. bonds
Cons. Gas oom.. $4,00 >.4,000,000
000, par $50
Consol. Gas pref. stock,
6F-A
2,000,000 Aug.,»01,3%
#2,500,000, par $50.. S
5,000,000 Feb. 1.1 948
5 g. F-A
Consol. Gas, 1st mort.,) 1898
Trustee Maryland Trust Co.
o\fcr {
gold
6 M-N
40,000 May 1, 1908
Braddock Gas A L 1st, M. 1888
$40,00d ($500 $1,000) \ Interest at Farmers' Loan A Trust Co.,
N. Y., Trustee.
sinking fund
)
increased in February, 1899, from'
S<c/c-Htock authorized
$7,500,000 to $21,000,000, of which *6,000,000 is 5 p, o. non cumulative preferred. The increase was made to acquire the common stook
of the Allegheny ountv Idght Co., Chartiers Valley Gas Co. and the
Consolidated Gas Co.; also by exchange the United Traotion stock.
&
.
.
M-S
,
,
,
i
5&6
in 1890 was 9,090;
1880 was 6,031.
Population 1900 was 12,172;
and
Total
Issue.
Shares.
_
•«
»
DIVIDENDS,
PerCent.
i
1892
'93
4\»
'94
'95
'98
'96, '97.
'99
1900
5
None.
4
5
4%
The foregoing dividends are for the common stock and In 1901 paid
per cent in July
1^ per cent in January, l»s per cent in Apiil,
and 1 >« per cent in October. The preferred stock was created in 1SH9,
and the first semi-annual payment of 2^ percent was made in Sept..
1899; the last one (2^%) paid in Sept.. 1901.
S
4*4
5
m
Bonds-Ot
the $(5.500 000
Maryland Trust
new bonds
of
1899 (mortgage trustee,
was issued at once in part payment
the Allegheny County Light and Chartiers Valley Gas
Co.) $4,000,000
for the stock of
Oo., and $1.0' 0,000 is
reserved to retire the $1,000,000 bonds of the
Allegheny County Light and East E*d Electrio bonds and $1,500,000
for future improvements and additions, out of which $125,000 waa
Issued in Dec, 18!)!), and $125,000 in August, 1900, to pay for bet
The
ferments to the property of the Allegheny County Light Co.
bonds were in Oct.. 3 809, listed on the Philadelphia Stock Exchange.
8ee application to list securities on the N. Y. Stock Exchange in V. 70„
p.
1198.
J
—
:
:
STREET RAILWAYS.
REPORT—Report for year ending Mar. 31, 1901, was
1897-98.
1999-00.
$
1410.839
32 556
k
66,285
',
3.041072 2,529 6*3
1,090 860 1,294 736
Total receipts
iterations, taxes,
&o
Deduct —
companies
1,950,212
1,234 947
716 143
645,058
226,082
936,763
209,896
31.591
544,337
219.764
679,299
203,645
231.036
300,000
16 667
153.636
75,000
...
dividends
interest
1020,408
&
Underlying mortgages—
Observatory Hill 1st M
Federal St. & PI. Val. 1st M
People's Park Pass
Fed.
¥et earnings
?«id leased
1,509,680
864.619
1,736,551
its floating debt of $175,000, and agreeing to pay as
rental all taxes, rentals, etc, and also $70,000 yearly in cash, payable
January 15 and July 15, equal to 5 per cent on the $1,400,000 stock,
of which it owns $752,650.— V. 63, p. 31, 76, 189.
Date. Interest. Oulstand'g.
Maturity.
BONDS—
STOCK
5 J-J
$1,400,000
Stock (par $25) full paid
See text.
5g.J-J
913,000 May 1, 1942
Consol. mort.. $1,250,000, < 1892
g., $1,000, on 28 miles.. *c \ Int. at Fidelity Title & Tr. Co., Pittsburg
$1,250,000 and
in V. 72, p. 985.
1898 99.
S
$
Receipts—
$
2/86.450 2 083,650 1558.097
rroniinw
115,071
79 551
64,9 -9
Prom oil.
310 948 1
317.753
E>iv. in stocks owned.. ..
h
10,625
Premium on bonds sold...
%' JJX\
63,333
••'.527
3 698
Ren's
41 961
57,728
interest and discounts &c.
1900-01.
on bonds
}tber interest
improvements....
-.
27 4*3
.
547,703
228,636
1.948,669 1,130,199
sur.1,543 sr 104.748 sr.168,440 sr. 416,422
Earnings of the companies controlled by the Philadelphia Company
namely, the consolidated Gas Co. of Pittsburg, Allegheny Illuminating
Union Gas
3o., Allegheny County Light Co., Chartiers Valley G as Co
Do of MeKer- sport. Equitable Gas C<>. and United Traction Co ) for the
iscal year ending March 31, 1901, were as follows
1900-1.
1889-00.
$3,810,440 $3,628,167
3ro*s earnings
1,892,801
1,675,365
Operating expenses and taxes
:
Net earnings
Dtherincome
$1,917,639
70,103
$1,952,807
Total income
Fixed oharges and other deductions
$1,987 742
1,050,112
$1,952 807
1,716,364
$937,629
$236,443
$390,625
8225,000
$223,620
Phlla Co.'s proportion of above dividend
*$23S 975
'Included in "dividends on stocks owned" in the statement above.
Latest Earnings Statement of earnings for nine months to Sept
JO will tie found in V. 73, p. 836.
OFFICERS, Etc.—./. H. Reed, President; James D. Callery, VicePresident (now President of the United Traction Company); J. F.
Snffey, General Manager; C. J. Braun Jr., Treasurer; w. B. Carson,
Directors Messrs. Reed, Callery, Given,
Jeo'y; C. S. Mitchell, Auditor.
McDowell, Rhodes, McMullin, Frazier, Bowdoin and Calhoun. V. 68,
p. 332,381. 430, 479, H73; V. 69, p. 28. 744, 852, 1013. 1015, 1248;
V. 70, p. 124, 584.943, 1195. 1198. 1199. 1267; V. 72, p. 133,
*et income
Dividends
.
—
—
985, 1038, 1080, 1081; V.
73, p, 554, 663, 723, 900, 1011.
UNITED TRACTION CO.—
Organization.— Formed in 1896, and in June 1897, and purohased
the property and franchises of The Second Avenue and North Side
traction companies, and secured control of the Pittsburg Allegheny
6 Manchester through a lease for 950 years and the purchase of its
stock. The Federal St. & Pleasant Valley Passenger Ry. is controlled
through its lease for 950 years to the North Side Traction.
ill
In March, 1899, the Philadelphia Co. offered to give $6,375,000 of
common stock in exchange for the $17,000,000 common stock of
the United Traction. See V. 68, p. 479. In October, 1899, exchange
of stock under this plan was begun and by Oct. 31, 1901, had acquired
339,586 shares.
Date. Interest. Outstanding. Div.or Mat.
BONDS"
STOCK
$17,000,000
Com.8tock,$17,000,000 (50)
3,000,000 July, 1901, 2*a
J-J
Pref.oum., $3,000,000 ($50)
1897 5 g. J-J
4.750,000
J'y 1,1997
United Trac. gen.m. gold, ?
$10,000,000 ($1,000). c* J Trustee Maryland Trust Co., Baltimore.
Interest is payable in New York City.
Outstanding
Annual
Not Owned.
Oharges.
Underlying Securities— (IT See also below).
Federal & Pleasant Valley bonds
$1,250,000
$63,230
Pitts.Alleg.&Man.bonds,5p c. due Oct. 1,1930 1,500,000
75,000
Second Avenue Traction bonds
2,500,000
125,800
Its
&
Total of bonds, $5,250,000)
$264,030
$5,250,000
Second Avenue Traction bonds for $2,500,000 as above (assumed by
United Traction Co.) include:
Date. Interest. Outstanding.
Div.or Mat.
Dec. 1, 1934
8econd Ave. Trac. Mort. 5 1894 5g. J-D $2,000,000
o* ( Trustee, Maryland Trust Co.
Balto.,Md.
gold ($1,000)
Interest at Brown Bros. & Co., N. Y., or A. Brown & Sons, Balto.
2d Ave. Passenger 1st M... 1882 6 J-J
30,000
July, 1902
1889 5 J-J
General mortgage
120,000 July 1, 1909
1893 5 J-J
2d Ave. Traction Co.
300,000 July 1, 1933
BraddockA Turtle Cr'klst. 1891 6 A-O
50,000 Aprill, 1911
Dividends—On preferred In 1898, 5 p. c; in 1899, 5 p. c; in 1900,
5 p. c; in 1901, 5 p. o.
BONDS.— The new United Traction mort. is limited to $10,000,000;
bonds oannot be redeemed before maturity Maryland Trust Co. of
Baltimore is trustee. Of these bonds, $5,250,000 are reserved to
retire the divisional bonds (above mentioned)
$725,000 reserved
for betterments and improvements after January, 1898, and $4,000,000 were sold to Brown Bros. & Co. and Alex. Brown & Sons, and
the proceeds, in addition to proceeds from the preferred stock, used
to provide the purchase money paid for the several roads.
All the
bonds outstanding ($4,750,000) were listed on the Philadelphia and
Baltimore Stock Exchange in February, 1898.
M
;
;
Road—The miles
of track
Second Avenue Traction
North Side Traction
owned and consolidated
are
Miles.
63-83
31-84
21-45
'.
Pittsburg Allegheny* Manchester Traction
11713
Total
Report—The United Traction receives the entire earnings of the
North Side, Pitts. A. & M. and Second Ave. traction companies, subject
only to annual charges of $264,030, as shown above.
Report for year endinff June 30, 1901, is as follows: Gross, $1,935,
988; net, $1,021,713; other income, $22,126; interest, taxes and rentals, $669,957; dividends on preferred stock, $150,000; balance, surplus,
•
$223,882.
PI. Val.
mort
1882
1889
1890
1890
1890
1890
6
5
5
5
5
5
$47,000 July 1, 1907
71,000 July 1, 1903
58,000
1913
35,000 July 1, 1919
19,000 Nov. 1, 1920
61,000
1920
4,000 Nov. 1, 1920
42.000 Nov. 1, 1920
Farmers' Dep. Bank; in Janu-
J-J
J-J
J-J
J-J
J-J
J-J
5
1st mortgage
Di.vidends— Dividends are payable at
ary, 1895, 2 per oent; in 18'.*6, none; in 1897, 5 p.o in 1898, 5 p.o.; in
1899, 5 p. c; in 1900, 5 p. c; in 1901, 5 p. c.
Bonds—The consolidated mortgage of 1892 is for $1,250,000, of which
the balance unissued is in the hands of trustee to retire all the other
Trust Co., Pittsburg.
issues mortgage trustee is the Fidelity Title
ROAD— Embraces 33 miles of track (including sidings) on about
17 miles of street rails mostly 90-lb. girder.— V. 63, p. 189.
Troy Hill
&
;
;
(2)
PITTSBURG ALLEGHENY & MANCHESTER TRACTION.—
ORGANIZATION— Consolidated with United Traction in June, 1897,
which purchased allthe capital stock (V. 65, p. 27).
CONSOLIDATED
TRACTION-Trolley road.
Organization—Chartered July 15, 1895. The company has merged
the Fort Pitt Traction. Co. and assumed its leases of the Citizens' and
the Allegheny Traction companies, and has acquired the control of the
Pittsburg Duquesne & Central Traction companies. On April 2, 1896,
assumed management of these six companies, with capital of $13,500,000 and a bonded debt of about $6,377,000. See V. 62, p. 1087.
Subject to the approval of the shareholders of the Philadelphia Company at a meeting called for Dec. 4, the common and preferred shares
of the Consolidated Traction are to be exchanged lor securities of the
Philadelphia Company. See V. 73, p. 723 and 554. The terms of exchange will be as follows
For two $50 shares ($100) of Consolidated Traction common stock;
one $5i) share of Philadelphia Co. common stock.
For each $50 share of Consolidated Traction preferred stock: mortg tge bonds, $50; preferred stock, $7 50; common stock, $2 50; cash $3.
:
Outstanding.
Dividend.
$15,000,000
12,000,000 Nov., 1901,3%
Pf. stock, 6 p.o. cum.
The preferred stock carries cumulative dividends of 6 per cent per
annum, and has the right to participate equally with the common stock
when that has received 6 per cent. First dividend on preferred was
paid May, 1897. In November, 1897, no dividend was paid. See V.
65, p. 685. In May and Nov., 1898, 3 p. c. was paid. In May, '99. 3
Nov., 3 p. c; in 1901,
p. 0.5 Nov., '99, 3 p. c. In 1900, May, 3 p. c
May, 3 p. c Nov., 3 p. c.
Companies Controlled—The companies acquired are shown in the
following table, as also the amounts of their stocks and bonds.
Miles.
Old stock.
Company.
Bonds.
Duquesne Traction
33
$3,000,000
$1,500,000
12*3
Pittsburg Traction
12,500,000
1,000,000
Central Traction
8^ *1,500,000
500,000
10
Fort Pitt Traction
3,000,000
1T938.000
Citizens' Traction
30
3,000,000
1,620,000
Allegheny Traction
18
500,000
750,000
"On this only 60 per cent ({530 per $100 shares) has been paid in,
representing $900,000.
tThis is nominal value of shares; less than full amount has been
paid on shares. H Fives due l^-3f>.
In Consolidated Traction Co.'s balance sheet of March 31, the above
Cost in Secucompanies appear in assets as follows
Shares.
rities or Oash.
Duquesne Traction
52,535
$1,943,775
49 500
Pittsburg Traction
3,465,000
29,133
Central rraotion
8-3,990
Fort Pitt Traction
60,000
15,900,000
ROAD -Controls about 126 miles of track in all.
Latest Earnings- Six months to Sept. 30.
Qro*s.
Net.
O'h. Inc. *Int., Ren's, etc.
6 months.
Sur.
1901
$1,570,320
$818,086 $172,227
$896,208
$91,105
190J
1,475,666
786,221
169,772
890,682
65,311
STOCK
Common stock
Par.
Interest.
$50
50
6M&N
;
;
*
Includes dividends on preferred stook.
Annual Report—Company's report
year ending March 31
for
1901, will be found in V. 72, p. 934.
31—
1900-1901.
$2,919,444
1,350,386
1899-1900.
$2,632,533
1,294,480
Net earnings
Income from stocks owned
$1,569,058
322,020
$1,338,053
355,352
Total income
Deduct—
Taxes
$1,1:91,078
$1,693,405
$197,507
551,100
318,029
$172,949
551,100
318,960
$1,066,636
$1,043,009
$824,442
720,000
$650,396
649,774
Tear ending March
Gross earnings.
Operating expenses
Rental leased lines...
Interest on bonds
Total deductions
Amount
available for dividends
Dividends
Balance, surplus
$622
and Gen. Mgr.,
$104,442
Officers— President Joshua Rhodes;
Vice-Prest.
W
Kesley Schoepf; Secretary, F. H. Steele; Treasurer, W. L. Elkins Jr.;
Uomp., Sam'l E. Moore. Directors— Joshua Rhoies, T. H. Given, John
A. Bell. B. F. Jones, W. Kesley Schoepf, M. K. McMullin.— V. 65. p.
685; V. 69, p. 1013; V. 70, p. 328,480,533,583,585,686.995,1249,
1290; V. 71, p. 84, 133; V. 72, p. 821, 872, 934, 1080; V. 73, p. 553,
723.
Lines controlled by Consolidated Traction.
OFFICERS.— President, James D. Callery; Vice-President, J. H.
Reed; Sec, W. B.Carson; Treas.,C. J.Braun, Jr.; Auditor, C. S. Mitchell.
Office, Pittsburg, Pa. Financial Agents, Alexander Brown
Sons,
Baltimore, Md.— V. 65, p. 27, 112, 736, 1025, 1222; V. 66, p. 469; V.
37, p. 10O1; V. 68, p. 381, 430, 479; V. 69, p. 744, 1013; V.70, p. 329;
V. 71. p. 180, 1271; V. 73, p. 390.
&
Lines controlled by United Traction Co.
(1)
&
Aiiegneny <fe Bellevue 1st M.
Allegheny St. 1st mortgage.
Perry St. 1st mortgage
,
(1)
St.
1887 5 J-J
;
...
Total
balance
725,
73
FEDERAL
ST.
& PLEASANT VALLEY RY.—Trolley.
Organization—Incorporated March, 1868, and has since consolilated its various subsidiary companies. The franchise is perpetual.
The North 8ide Traction Co. on July 20, 1896, leased tbe Federal
Street & Pleasant Valley for 960 years, assuming its funded debt of
(1)
ALLEGHENY TRACTION.—
Organization— Incorporated July 23, 1889. April 1, 1896, this
company was leased to the Fort Pitt Traction Company for 950
years at a rental of $25,000 per annum.
STOCK
&
BONDS—
Miles. Date. Interest. Outstand'g. Lastdiv.,etc
See text.
$500,000
5 p. o.
Stock, $500,000, par $50
Guaranteed bonds—
Millvale Etna & SharpsburglstM. $750,000,g.
)
....
1893 5g.
M-N
750,000
Nov.
1,
1923
Trustee, Pittsburg Trust Co., Pittsburg.
Dividends -The semi-annual dividend of 2>a p. c. due June 1,1901,
was passed, the proceeds being used to pay off the floating debt.
ROAD— Including Millvale Etna & Sharpsburg, 18 ^ miles of road.
5
—
J
o
1
STREET RAILWAYS.
74
(2)
CENTRAL TRACTION —Cable and trolley.
Dec. 81. 1888. Leased from April 2, 1S06, to
the Consolidated Traction for 050 years at 3 p. o. per annum on par
value of $1,500,000 stock. BM V. 81, p. 1154— and in May, 1896, stockholders were offered privilege of exchanging their stock for receipts,
which were redeemed at $30 j>er share on Oct. 1, 1896, In Consolidated
Traction Co. preferred stock at par. In June, 1901, 29,133 shares of
Central Traction stock (out of 30,000) had been so exohauged.— V. 62,
LEASE— Incorporated
1067
p.
STOCK
&
Bonds— Miles.
Stock— par $50,
see text
Date. Interest.
3%
s
lBtM.$375,000
5
)
$
1889 5 JInterest at Union Trust
6
<
Outstanding.
Maturity.
30,000 shares )
H
t . xt
text.
»ee
$30 paid up. J
$375,000 July 1. 1929
Co., Pittsburg.
cable line $500 }
Bonds of Central I'assenger Jig. controlled.
125,000 Oct. 1,1924
4
1894 6 A-O
lit M. $250,- >
000, 1 .000. s Interest at Union Trust Co., trustee, Pittsburg.
Dieide nds— Feb. 1. 1892, $2 50 in stock in 1896, Feb., 2 p. o. In cash;
In 1898, Nov.. 1 >* p. o. in cash; In 1899, May. 1*q p. o. in oash; Oct. 31,
1»« p. c; in 1900, May, lijp. a; Nov., l>*p. c; in 1901, April, l»sp.o.;
Nov., 1 lj p. c.
ROAD—85 miles of road, of whioh it controlled by ownership of
capital stock, Central Passenger Ry., 3>u miles. —V. 62, p. 948, 1087.
.
;
(3) CITIZENS'
TRACTION— A cable
and trolley road.
1887. On Sept. 1, 1887, purchased the entire capital stock ($200,000) of the Citizens' Passenger
Organization— Incorporated July
6,
it now holds.
LEASE— Leased from Nov.
Ry., which
1, 1895, to Fort Pitt Traction Co. (now
Consol. Traction) for 950 years at 6 p. o. per annum on $3,000,000 capital stock. In addition the lessee agreed to pay a floating debt of $175,000, and at maturity a mortgage debt of $1,620,000.— V. 61, p. 661.
Maturity.
Outstanding.
Date. Interest.
BONDS—
STOCKS
Seetext.
6 M.-N.
$3,000,000 f.p.
Stock ($50) fully paid
Oct. 1, 1927
1,188,000
1887 5 A.-O.
1st mortgage ($1,000) <
Not subject to call. < Trustee, Fidelity Title & Trust Co., Pittsburg.
&
Purchase money mortgs
120,000
Bonds of lines whose stocks are owned
Penn St. Pass. Ry. IstM. 1892 5 J.-D.
$250,000
June
1,
1922
1902
12,500
No. Side Pass. Ry. 1st M. 1892 6 F.-A.
Interest and dividends payable at N. Holmes & Sons, Pittsburg, Pa.
Dividends— In 1892, 6 p. c; in 1893. 6 p. o.; in 1894, 6 p. c; In 1895,
5 p. o. Under the lease dividends are 6 p. o.
Road —Owned and operated 30-5 miles of track on 15 miles of
street.-V. 60. p. 930; V. 61. p. 112. 516. 661.
(4)
DUQUESNE TRACTION— A trolley
road.
LEASE— Incorporated Jan. 25, 1890. Leased from April 2, 1896, to
the Consolidated Traction for 950 years at 4 per cent on the $3,000,000
stock, but dividends for a year and a-half to be withheld for payment
of floating debt of $180,000. In May, 1896, stockholders were allowed
to exchange their stock for receipts, redeemed Oct. 1, 1896, at $37 per
share in 6 per cent preferred stock of Consolidated Traction Company
at par. In June, 1901, 52,535 shares out of 60,000 had been so exchanged. See V. 62, p. 1087.
Maturity.
Date. Interest. Outstanding.
BONDS.—
STOCK
See text.
T« xt
$3,000,000
a, n ,nt-mf„iwn
!,iHS
ruiiy paid
&
-
Stock ($d0)
^^^
Tit i e & Trust Co., Pitts'h
^ Div payaDle at
July 1, 1930
1,500,000
C* 1890 5 J. -J.
1st mortgage
Dividends were 5 per cent, J&J, but in 1893 and 1894 none paid;
Feb., 1895, paid 2 p. c; Aug., 2 p. c; in 1896, Feb., none; in 1898, May
2, 1 p. c; Nov. 14, 2 p. c; in 1899, May 5, 2 p. c; Oct. 31, 2 p. c: in
1900, May, 2 p. c; Nov., 2 p. c. In 1901. May, 2 p. c Nov., 2 p. o.
ROAD— At time of lease in 1896 controlled 11 companies, with a
capita) aggregating $249,700 and having 33 'ie miles of road.
—V. 60, p. 930; V. 61, p. ijs, 794, 1154; V. 62, p. 948, 1087.
;
:
(5)
(6)
FORT PITT TRACTION—See Consol. Traction Co.
PITTSBURG TRACTION— A trolley road.
30, 1887.
April 2, 1896, to the Consolidated Traction for
950 years at 7 per cent on the $2,500,000 stock (see V. 61, p. 1154)
but l's years' dividends to be used to pay floating debt of $250,000.
In May, 1896. stockholders were offered receipts for their stock,
which were redeemed at $70 per share on Oct. 1, 1896, in preferred
stock of Consol. Traction Co. In June, 1901, 49,501 shares out of
50,000 had been so exchanged. See V. 62, p. 948. Pittsburg Traction
owns the $250,000 capital stock of Bloomfleld St. Ry. and guarantees
the bonds.
Date, interest
Outstanding. Last div., etc.
Bonds.—
Stock
Text.
Text.
See text.
Stock, $2,500,000 (par $50)
Oct. 1, 1927
1st mort. 5s
c* 1887
5 A.-O.
$750,000
LEASE— Leased from
&
bonds —
250,000 Aug. 1, 1923
BloomfleldSt. Ry.,lstcur.c*1893 5 F.-A.
Interest at Pittsburg Trust Co"., trustee.
Stock -Issued 50,000 shares, on which $38 each has been paid.
Dividends— At company's office, Pittsburg. Dividends of 6 per cent
have been paid in 1895, 6 p. c; in 1896, none— see above. In 1898,
May 2, 2 p. c. was paid; Nov., 3^ p. c; in 1899, May 5, 3h P. 0.; Oct.
31,3»sp. c; In 1900, May2,3»sp. c Nov. 6, 3i«p. c; in 1901, Apr. 29,
3>sp. c; Nov., 3*2 p. c.
Road. Owns 12-67 miles of track. Bloomfleld St Ry. owns 3 miles.
;
;
—
DUQUESNE INCLINED PLANEROAD— Said
to operate 1,586 feet of track.
President,
S.
Severance.
MONONGAHELA
STREET RAILWAY.On May
absorbed by consolidation the
Organization—
26,
l*'.)H,
&
Highlands, Braddock &
Homestead, and the Braddock ,fe Duquesne (the latter then building).
In November, 1901, It was announced that the MonongaheU Street
ttsbonr St. Ry.,the Wilkinsburg & VerRy., the Wilkinsburg
ona St. Ry. and the Pltcairn A Wilmerding St. Ry. are to be merged
into a new company under tbe name of the Monongahela St. Ry. with
itocK and a bonded indebtedness of $4,400,000 at 5 per
tics are then to be leased to the Philacent. The consolidate
delphia Oompam for 9»» years fr mJ&n l, 1902. See V. 73. p. 1011.
<v Birmingham Traction and the Monongahela Light <fe
The*
Pewer Co. (the latter having $1,700,000 stock and $1,700,000 bonds)
are to be leased to the, Philadelphia Company in the same way.
Bonds— Miles. Date. Interest. OutttantPg. Maturity.
Stock
Stock. $1,000.000
$1,000,000
1898 5g. J-D
1,000,000 June 1. 1928
1st mort., $1,000,000, } 17
Co.,
Union Trail
gold
Pittsburg, Trustee.
$400.
Loans June 30, 1 CK),
ROAD— Owns 25 miles of track, Including branches; 90 lb. rails.
REP RT— Year endln< lime 30. 1^00, gross, $285,094; net, $120,281;
irplus, $44,601.
Interest, tax
P75.6E
L. Mellon; Vice-President. A. w. Mellon;
Officers— President,
Treas., R. B. Mellon.- V. 67, p. 74; V. 71, p. 1167; V. 72, p. 776.
Schenley Park
& Highland, Homestead
ML
&
—
Guaranteed bonds
i
_-
&
<,
w
PITTSBURG
& BIRMINGHAM TRACTIONtrolley road.
This company, together with the other Mellon properties in Pittsburg,
Is to be acquired by the Philadelphia Company under a 999 years'
lease from Jan. 1, 1902. See V. 73, p 10U.
M
- S
Birm. Knox. & A. IstM. 1891 6 g.
500,000 Sept. 1, 1931
gold, interest guar.. Trustee, Fidelity Ins. Tr. & S. Dep. Co., Phila.
Brownsville Ave. St.
1896 5
300,000 Oct. 1, 1926
Ry. 1st mort
1892-93
For
year
paid
2
in
c;
1896, January, ^ p. o.;
p.
DIVIDENDS—
In 1897, (!)
in 1898, Apr., 1 p. c, Oct., 1 p. c; in 1899, Apr., 1 p c;
Oct., Ha p. c; in 1900, Apr., 1 i«p. c; Oct-.l^p. c.;in 1901, Apr., Hsp.o.
ROAD— Operates 28-80 miles of track, laid with 00-lb. rails, as follows.
Main line. 15 miles Brownsville Ave. Ry. (all its $300,000 stock
owned), 7*33 miles; inolines, 2 miles.
Annual REFORT-For the year ending June 30, 1900, carried 11,238,247 passengers, against 9,56fc,146 in 1899 and 7.417,184 in 1897:
1899-0.
1898-9.
1899-0.
1898-9.
Gross
$632,455 $483,252 Rentals, etc.. $12^,336
$78,934
Exp. & taxes. 234,426
240,682 Bond interest 120,500
120,500Dividends....
90,000
60,000-
F-A
i
;
;
Net
$398,029
—V.
$242,570
Bal.,sr.forv'r. $61 ,193 df. $16,864
332, 334; V. 71, p. L-43; V. 72, p. 776.
Lines Leased to Pittsburg &. Birmingham Traction.
MT. OLIVER INCLINE RY.— Owned, leased and operated by Pittsb.
& Birm. Traction Co. Stock, $100,000. Bonds, first mortgage 6s, M. &
N., due Nov. 1, 1901, $44,500
PITTSBURG INCLINE PLANE-Leased for 999 years to Pittsburg
* Birmingham Traction Co., at rental equal to interest on bonds ana
10 p. o. on $150,000 stook, free of tax, but dividends have been 9 p. o.
69, p.
yearly, balance being carried to surplus.
Date. Interest. Outstand'g.
STOCK
BONDS
Stock, par $100, full paid
Q-F $150,000
1889
1st M., $1,000 each
6J-J 150,000
&
C
1890
(
2nd mortgage.
6 J- J
100,000
Maturity.
Seetext.
July
1,
1929
June 1,1910
^Subject to call on any June 1 after 1894.
(
Int. at Fidelity Ins., etc., Co., Phila., trustee.
Road— Road
extends from Forty Hill, Pittsburg on Bradford
Street to Washington Avenue, on top of hill.— V. 71, p. 343.
PITTSBURG MCKEESPORT & CONNELLSVTLLE RY.— A trolley road.
Organization— Began operations in Jan., 1901, as a consolidation
of tbe Conuellsville & Uniontown Ry. Co., McKeesport Wilmerding
& Duquesne Ry. Co. and the McKeesport & Youghiogheny Street Ry.
Franchises in the several cities, towns and townships are perpetual,
and from three-fourths to lour-tifths of the entire line is stated to be
upon private right of way At Duquesne, McKeesport and Wilmerding connection is made with the Pittsburg city lines. Population
served, 200,000 outside of Pittsburg and Allegheny, The company also
owns and operates its own coal mines, adjoining the power station.
Date.
Interest
Outstand'g.
Maturity.
BONDS—
STOCK
Stock, $3,500,000
$3,500,000
con.mtge.$3,500,000
)
1st
1901
5
J-J
3,000,000 Jan. I, 1931
($1,000), gold. Cannot > Int. at Mercantile Trust Co., Pittsburg,
&
1
Organization— incorporated April
Guaranteed
Organization— Incorporated Aug 15, 1889; Nov. 19, 1889, leased
F. & B. Passenger Ry.. including South Side Pass. Ry. Co. Has alsoleased and operated since Dec, 1891 Pittsburg Incline Plane Co. and
Mt. Oliver Incline Plane Co.; operates also Binu. Knoxville & Allentown Traction Co. (See suit regarding interest paid on B. K. & A.
bonds.— V 62. p. 989.) In Aug., 1900, purchased the $400,000 capital
stock of the West Liberty Street Ry., and constructed a line to
Lebanon.— V. 71, p. 343. In April, 1901, Mellon & Sons of Pittsburg,
who control the Monongahela Street Ry., purchased the majority of
the capital stock at $49 "per share.- V. 72, p. 776.
Interest.
Outstand'g
Maturity.
STOCK
Bonds.— Date.
Stook ($50)
Text.
$3,000,000
See text.
1st mort., gold, 5s...? 1889 5g. M. -N.
1,500,000 Nov. 1,1929
($1 ,000)
o*J Trustee, Fidelity Trust.Eto. ,Co. of Philadelphia.
B'ds,$12,000.p'd y'rly
O
124,000
1(
i
/»
i
] 1
(*
i
lTT'llfltPf^
j
Of the new $3,5(10,000 mtge., $500,000 are reserved for improvements, betterments, &c. The mortgage is subject to prior liens of
$231,500, to retire whioh sufficient bonds have been reserved and are
included in the above total of $3,000,000 repotted outstanding. A.
syndicate of Pittsburg Anns and institutions offered some of the
bonds for sale in Feb., 1901.— See V. 72, p. 242.
Road- In Jan.. 1901, owned and operated 40 miles of road, which,,
together with Ihe 60 miles under construction, will make one continuous system of 100 miles, operating from Duquesne (adjoining Pittsburg) to McKeesport, Wilmerding, Versailles, Buena Vista, Mt. Pleasant, Scottdale, Connellsville, Lefseuring, Dunbar, Uniontown, and
Fairchance.
Officers— Presidert, Win. H. Graham; Treasurer, Geo.
Secretary, ML K. Salsbury.— V. 72, p. 242.
PITTSBURG
road
RY—A M'KEESPORT
BURG
trolley
I.
Whitney;
& GREENS-
Organization— A consolidation
in 1901 of the Greensburg & HempStreet Ry. and the Westmoreland Ry. All franchises
are perpetual and a great portion of the road is over private right of
way. Serves a population or 100,000.
Date.
Interest.
Outsl'ind'g.
Maturity.
BONDS—
STOCK
Stock, $1,500,000
$1,500,000
....
1901
5
JJ
1,000,000 July 1, 1931
?
1 st Mtge *1 500 000 (
Int
at
Harrfsburg
Trust
Co
Harrisburg.Trus.,
,
««, nnm goia
gol.i
ol
(*i,uu»)
°( or at Manufacturers' Tr. Co., Providence, R. I.
Bonds—The remaining $500,000 unissued bonds can only be Issued
at par under strict provisions and with the approval of the trustee,
fleia Electric
&
and additions.
for betterments
ROAD— Owns and
operate 14 miles in and around Greensburg, Pa.,
with 20 miles under construction; own in fee two pleasure parks V.
—
li, p. 33.
ST.
CLAIR INCLINE PLANE- A cable road.
Sept. 9, 1885. Road completed in 1889.
Stock. $150,000 f. p.; 1st mortgage, $1,000 each; 6s, M-N, $75,000.
due Nov. 7, 1909. Interest at T. Mellon & Sous' Bank. Dividends
—In January, 1893, 2^ per cent. Road is four-tenths of a mile long.
EARNINGS -For year ending Dec. 31, 1900, gross, $16,343; net, $897OFFICERS— Pres. and Supt.,W. S. Hughes; Treasurer, R. B. MellonSecretary. H. A. Phillips. Office, 1 14 Smithfield St., Pittsburg.
Organization— Chartered
SOUTHERN TR ACTIO N--A
trolley road.
Stockholders of the. Philadelphia Company are to meet December 4
to vote on propositions for the absorption of the various Pittsburg railroad propel ties, including the So. Tract. See V. 73, p. 554, 723, 1011.
Organization— Chartered in 1900 to take over, extend and operate
action lines, which were purchased in Aug., 1900, for
the West End
$4,500,000
It owns the following securitie* (being in each case the entire issue):
50,000 shares common stock of the West End Traction Co.
50,000 shares preferred stock of the West End Traction ("o.
1 20 shares capital stock of Virginia Ave. Street Ry. Co.
"
"
400
McKees Rocks <fe Ingram St. Ry. Co.
"
*'
'*
300
McKees Rocks & Nevil o isl. St. Ry. Co.
"
"
"
12
Crafton * Chartiers Valley Tract. Co.
"
"
*'
400
Pitts. Banks'lle & Mt. Lebanon 8. R. Co.
"
"
"
100
Carnegie Bridge Co.
1
'
>
1
;
STREET RAILWAYS.
Road— Owns and
operates 47 miles of track in Pittsburg and outly-
Bonds— Of
Stock and Bonds—
Dale.
stock. $2,500,000
Pref. 5 p.o.cum ,$2.f>00.000
coll. tr., if <
8o. Trao. 1st
o* I
$4,000,000 ($1,000)
West End Traction con. M.
M
Maturity.
Oulstand'g.
Interest.
Common
$2,500,000
2.50i>,«>00
A-0
3,000.000 Oct. 1,1950
Int at Union Tr. Co., Pittsburg. Trustee,
725,000 Jan. 1. 1938
J-J
1898 5
Int at Union Tr. Co., Pittsburg, Trustee.
1
$1,500,000
Traction
Underlying loans of West End
250,000 July 1, 1924
J-J
Pittsburg Craftou & Mans- 1894 5
Int. at Pittsburg Trust Co., Pittsburg.
}
tield 1st M
500,000 July 1, 1922
1892 5
J-J
..
Pitts. & West End 1st
Bonds.— The new southern Traction mortgage cannot be called beore maturity. The $1,000. uOO unissued is held for betterments and
Improvements. The Farmers* Deposit National Bank of Pittsburg
offered the bonds for sale in October, 1900. Of the portion of the 5s of
189!" of the West End Traction still unissued, $750,000 are reserved to
retire underlving bonds and *25,0u0 for other purposes
Report— For tisoal year ending Sept. aO, 1901; Gross, $582,703;
net. $287,159; other income, $7,368; charges, $264,250; balance, surplus, $30,277.
EARNlNQSOf the West End Traction for years ending Dec. 31:
i89g
lg9g
i9Q0
$431,277
$365,352
$541,352
Gross earnings
184,381
164.05*
249,536
Operating expenses
246,896
201,300
288,920
Ner earnings
28,804
26,086
27,678
Deduct taxes and insurance
175,214
218,092
261,242
Surplus earnings
Directors. -President, J. D, Callery; J. H. Reed, Joshua Rhodes,
A.W Mellon, T. H. Given P A. B. Widener, W. L. E. Elkins.— V. 61,
p. 6 2; V. 66, p. 860; V. 69, p. 542 V. 7l, p. 343, 391, 864, 914; V.73,
p. 554.
1900
5 g
<,
>'
M
RAPID TRANSIT.
SUBURBAN
road.
A trolley
ST.
RY.-
—
ROAD Operates 11 miles of track on 6 miles of street. Capital
stock auth., #800,000; puid in, $212,000. Funded debt, $200,000.
Loans June 30, 1900, $393,500. Year ending June 30, 1900: Gross,
$38,249; net, $8,234. President, E. V. Hays; -«ec. and Treas A. E.
Braun; Gen. Supt. and Purchasing Agent, B. A. Mapledoran.
,
PITTSFIELD MASS.
in
1900 was 21.766; in 1890 was 17,281;
in 1880 was 13,364.
and
RAILWAY-
PITTSFIELD ELECTRIC
ORQANIZATION, ETC.—Stock Nov. 1. 1901, $150,000; bonds, $55,000;
current liabilities, $35,092. Bonds are gold 5s (J-J), $30,000, maturing Jan. 1, 1904; $15,000 5s due July 1, 1906, and $10,000 4^8, due
March 1. 1909; interest at Third National Bank, Pittstleld, Mass.
miles of track. In October, lfiOl, stock was increased to
$150,000, and a new bond issue of $95,000 was authorized for extensions, f'or year ending Oct. 1, 1901, gross, $86,897; net, $20,673;
taxes and interest, $7,074; dividends (6 p. o. on $80,000). $4,800;
balance, surplus, $8,799. Pres., Joseph Tucker; Treasurer, Charles
E. Merrill; Sec'y, J. M. Stevenson.— V. 71, p. 603; V. 73, p. 900.
Owns 15735
PLAINFIELD,
N. J.
Population in 1900 was 15,369; in 1890 was 11,267;
and in 1880 was 8,125.
ELIZABETH PLAINFIELD & CENTRAL
JERSEY RY- Atrollej road.
Organization.— Chartered in November, 1900, as a consolidation
Ry, the
&
Elizabeth Street Ry., the
Elizabeth City Horse RR., the Elizabeth St. Ry., the Rahway Electric
Embraces all
St. Ry. and the Woodbridge & Sewaren Electric St. Ry.
the luies operating in Elizabeth, Plaintteld. North Plainiield, and in
the towns of Roselle, Cranford, Westfleld, Clark, Rahway, Fanwood,
Woodbridge and the surrounding territory. Connection is made at
Elizabeth with the North Jersey Street Ry. and at PlamQeld with the
Brunswick Traction Co. Is controlled by the same interests as the
North Jersey t*t. Ry. and the Jersey City Hoboken & Paterson. In
March, 1901, the Fidelity Trust Co., Newark, and Redmond, Kerr <&
Co., New York, negotiated the sale of the $1,400, cOo outstanding
bonds.
Maturity.
Date.
Interest. Outstanding.
Bonds—
Stock
$3,000,000
Stock, $3,00>,000
Deo.
1,400,000
1900
5 g. J-D
1, 1950
1st mtge. $2,500 000
Interest at Fidelity Trust Co., Newark,
($1,000), gold, c*. No
trustee.
s.f. « cannot be called
Plain LeldatRy. IstM., >
100/00
J&J
Int. at Fidelity Trust Co., Newark.
($1,000) o* call in 1904 5
Bonds-Oi the total issue of 1st mtge. bonds. $1,000,000 is held for
future betterments or extensions and $100,000 to provide for like
amount of the Piaintteld St. Ry. Co. bonds.
ROAD— Owns and operates 59'006 miles of track.
Officers— President, David Young; Vice-Prest., Thomas A. Nevins;
Treasurer, Thomas N. McCarter; Secretary and Asst. Treas., Edwin W.
Hine. Executive office, Lawyers' Building, Newark, N. J.— V. 71, p.
1120, 1269, ldlO; V. 72, p. 44, 580, 627.
of the Plaintleld Street
Westfleld
&
i
•
i
PLATTSBURGH,
N. Y.
Population 1900 was 8,434; in 1890 was 9,500;
and
in 1880
was
8,283.
PLATTSBURGH TRACTION
CO. -A
trolley road.
ORGANIZATION) Etc.— Chartered May 27, 1896. Capital stock,
100,000 (par $100). First mortgage 6 p. c. gold bonds of 1896, due
f926; int. J-J ., at Continental Trust Co.. Trustee; authorized $100,000,
Issued $80,000. For year ending June 30, 1901, gross, $15,777; net,
$3,435; charges, $5,963; deficit, $2,528.
Road—Owns 6*$ miles of track; rail, 50 lbs.
General Manager, G. M. Cole.
OFFICERS-President, James D. Thurber; Vice-President, Chas. I.
B. Huntoon; Clerk, Eliot Wadsworth;
Managers, Stone & Webster.— V. 71, p. 1167; V. 72, p. 44.
Litohtteld; Treasurer. E. J.
POMEROY, OHIO.
1890 was
ELECTRIC
RY. & POWERRIVER
OHIO
A
Population in 1900 was
4,639; in
Prest., E. N. Sanderson;
PLYMOUTH, MASS.
BROCKTON & PLYMOUTH STREET Reorganized
to build a road from the terminus of the Plymouth &
Kingston, at Kingston, to Brockton via Whitman. In 1900 was consolidated with the Plymeuth <fe Kingston Street Ry. and the Pembroke
Street Ry.
Date.
Interest. Outstanding.
STOCK
Maturity.
BONDS-
&
Stock, $295,0*
(t>l 00)
$295,000
1st mortgage, $300,000? 19f0 4^g.J.-D.
235,000
Deo. 1, 1920
($1 00"), gold
o* < Int. at Old Colony Tr. Co.. Boston, Trustee.
Kingston,) 1890
5 J. J.
Jan. 1, 1910
35.000
1st mortgage, $35,000, } Interest at International Trust Company,
c. $lu0-$500 ($1,000) . >
Boston, Trustee.
4,726.
trolley road.
Organization Incorporated in 1900 to build an electric railway
from Mlddleport, Ohio, through Pomeroy and Syracuse to Racine, Ohio.
Maturtty.
Date. Interest. Oulstand'g.
Stock and Bonds —
$300,000
300,000 July 1, 1924
5 Int. at Un. Surety & Guar. Co.,PhiIa.,Trus.
and operates 12"1 miles of road, which was put ,in op-
8tock, $300,000 ($25)
1st mtge., $315,000, gold.
($100, $500, $1,000) .c*
ROAD— Owns
>
1900
5
g.
J-J
eration on Nov. 15, 1900.
OFFICERS-President, Percy M. Chandler; Secretary, M. N. Willits;
General office, Harrison Building,
Treasurer, Geo. W. Kendrick, 3d.
Philadelphia, Pa.
PORTLAND, ME.
Population 1900 was 50,145; in 1890 was 36,425
and in 1880 was 33,810.
PORTLAND
RAILROAD.-Trolley.
ORGANIZATION— Chartered March. 1863, under laws of Maine. Controls Portland & Cape Elizabeth Ry., Cape Elizabeth St. Ry., Portland
& Yarmouth Eleotrio Railway and Westbrook Windham & Naples.
Practically all of the capital stock of those companies, together with
the entire issue ($350,000) of flrsc mortgage bonds of the Portland &
Yarmouth Electrio Ry has been pledged as security for the consolidated mortgage bonds of the Portland RR.
Miles. Date. Interest. Outst'ng. Maturity.
BONDS—
STOCK
6 F.-A. $999,973 See text.
8tk.auth.$l,000.000, $100 ....
Port.RR.lstM.$500,000g 161a 1893 4iflg.M-N 500,000 May 1, *13
... 1895
5 g. M-N 400,000 Nov. 1, '15
Portl. & Cape Eliza. 1st >
M. $400,000 g. ($1,000) STnt.at American L,.&Tr.Co.,Boston. trustee.
3i2g
)
1901
J-J $1,100,000 July 1,' 51
Port. RR. 1st con, $3. 000,000
($l,0u0 & $500) gold
o" 5 Int. pay'le at Port. Tr. Co., Port.Trustee
Bonds— Of the authorized issue of $3,000,000 consols, $1,000,000
are reserved to retire $900,000 prior liens and $900,000 are held for
extensions Bonds ran be caliea at par on any interest date after July
l , 1931.
Portland RR. Co. guarantees the interest on the $400,000
bonds of the Portland & Cape Elizabeth Ry., but not the principal.
Dividends— In year 1892-93, 4 per cent; in 1894, Aug., 3 p. 0.5 in
1895, 6 p. c; in 1896, 6 p. O.J in 1897, 6 p. c; in 1898, 6 p. c; in 1899,
6 p. c; in 1900, 5 p c; 1901, 6 p. c
Road— Operates about 67 miles of track, including a line from Portland to Yarmouth and a line from Portland to Cape Elizabeth. Numerous extensions are proposed, and by the end of the present year
it is expected that there will be 90 miles of track in operation.
Annual Report— For the years ending June 30 as below, not including the Portland & Yarmouth Electrio Ry
1901.
1900.
1901.
1900.
Gross earns... $477,598 $413,511 Taxes
$8,954 $9,954
Net earnings. 137,695
128,35* Dividends
59,856 49,780
Interest
50,722
46,709 Surplus for year... 18, 163 21,911
OFFICERS-President, Wm. R. Wood Secretary, Treasurer and Purchasing Agent, E. A. Newman. Office, Portland, Me. V. 68, p. 381; V.
73, p. 139.
,
&
:
I
|
|
;
PORTLAND, ORE.
Population 1900 was 90,426; in 1890 was 46.385,
and in 1880 was 17,577.
RY-Trolley and steam road.
CITY
Organization— Incorporated in 1891 as successor to the Willamette Bridge Ry. and Trans-continental Street Ry. In April, 1899,
acquired all the stock of the Portland & Fairview at 20 cents on the
SUBURBAN
&
On Oct. 17, 1900, purchased the Second Street Railway, of 3 8
miles, (previously leased) from the Metropolitan RR. for $130,000.
dollar.
-
&
Date. Interest. Outstandg.
Maturity.
BONDS—
$2,500,000 ($100)
$1,250,000 Oct.,'01,2%
Bridge
Ry.,
Willamette
1st \ 1889
100,000 8ept.l,1919
mortgage, $1,000 each
\ Int at Am. Loan & Tr., Boston, Trustee.
City & Sub. consol. M., not $1891 6g.M-8
97,000 Sept.1,1916
subj. to call, $1,000 each.g. \ Int.at Sec. Sav,& Tr.Co., Portland.Trus.
City & Sub., new mort., $3,- ( 1900 4 J - J
1,000,000 June 1,1930
000,000($l,000isub .to call \ Interest at Security Sav'gs <fc Trust Co.,
at par aft. June 1, ,'15..c*g. ( Portland, Trustee.
Bonds.—The new mortgage for $3,000,000 was given for the purpose
of retiring all outstanding 6s, and for extensions.
Road.—Operates 64 miles of track, Including thirteen different lines,
of which eleven start from the corner of Third and Yamhill streets.
Runs to Mt. Tabor and St. Johns. About 8 miles are operated by
steam and 56 miles by trolley. Rails 30 and 40 lb. T and girder; 75
electric cars and 2 steam motors.
STOCK
St'k, auth.
6M-S
OFFICERS.— President, T. Woodward; Vice-President, W. H. Corbett;
and Treas'r, C. F. Swigert; General Manager, H. C. Campbell.
Sec'y
Index— v.
62, p. 86; v. 71, p. 1066, 1120.
CITY &
WEST PORTLAND PARK MOTOR.
Organization—Chartered April
except that for trolley, which runs
STOCK
&
BONDS—
4,
till
1889.
1912.
Franchise
is
Interest. Outstanding.
Date.
Stock, $100,000
Population in 1900 was 9,592; in 1890 was 7,314;
and in 1880 was 7,093.
<fe
to
total of 23'8 miles of traok.
;
Plymouth
new $300,000 mortgage, $35,000 are reserved
Plymouth & Kingston Ry. bonds, and $30,000 for future
extensions and improvements.
Road— In August, 1900, road was put in operation, extending from
Plymouth through Kingston, Pembroke and Hanson to Whitman, a
retire the
ing boroughs.
Population
the
75
perpetual
Maturity.
$100,000
100,000 July 1,1911
IstM., $100,000, gold, $100< 1891
6 J-J
and $1,000
Not subject to call.
\
Interest at Illinois Trust & Savings Bank, trustee, Chicago, Til.
Road -Owns 7 miles of traok in Portland, extending to suburbs of
West Portland Park. Trolley, 1 m.; steam, 6 m. Rails 35 and 50-lb. T •
OFFICERS-President, E. T. Johnson; Vice-President, Treasurer, Gen.
Manager and Purchasing Agent, T.A.Wood; Secretary, W. HoseaWood.
PORTLAND CITY & OREGON RAILWAY.-
A trolley road.
Organization— On Dec. 8, 1 900. the old East Side Railway was pur
chased at foreclosure sale by Mr. Fred. 8. Morris, of Morris & Whitehead, bankers, who wt-re the owners of the 1st and 2d mortgages, and
the present company organized. $150,000 has been expended on
improvements and rolling stock under the new management.
STOCK
&
BONDS—
Date.
$500,000 ($1,000)
lstmortgage,$500,000 5
Interest.
Stk.,
($l,0u0), gold
*c
I
1901
Int. at
6
g.
F-A
Oulstand'g.
Maturity.
$500,000
400,000 Feb. 15, 1921
North Am. Tr.Co., N.
Y., Trustee.
A
STREET RAILWAYS.
76
Bondt— Whole
issue can be called after Feb. 15, 1911,
upon 60 days'
notice
Road—Operates 23 miles of road on the east side of the river, Includliiu> above Oregon City iFallsof Willamette River) to Canemah,
and hnMkM to Mount Tabor ami to Mount Scott.
ing the
Officers— President. W.
urer. F. S. Morris.- V 09.
Hurlburt; Seoetary. W. T. Muir; Treas8885 V. 71, p. 1012, 1209.
II.
l>.
PORTLAND RAILWAY-An
Organization—' hartered on May 5, 1892, for 999 years, and isleased to the Pottsville Union Traction Co.
Franchises are for 999
years.
in 1896 of the Consolidated Street
By., sold in foreclosure Jan. 8, 1890. On March 1, 1900, consolidated
with thr P. rtland Traction, the latter company deeding its property
to the Rallwav Co. No additional stock and bonds were Issued for
this purpose. V. 70, p. 946. The Portland Traction, while it thus no
longer owns any track or equipment, still maintains its organization,
and as a company owns the controlling Interest in the stock of the
Portland Kailway.
&
BONDS—
Date.
Interest.
Outstand'g.
Maturity.
$60,000
6J "J
60,000 Jan. 15. 1925
( 1895
1st M *9>winnn (<«^oo
500 'Unt.
*
at Columbia Ave. Sav.Fd. T. & Tr. Co.,
«il uuo
ooni «*
*
°
(
Philadelphia. Trustee.
'
*
electric road.
&
STOCK
Stock, $60,000 ($50)
>
SCHUYLKILL HAVEN & ORWIGSBURG STREET RY.—
(•4)
Organization— A reorganisation
Stock
TAMAQUA & POTTSVILLE ELECTRIC RY.—A trolley road.
(3)
trolley road.
Organization—Chartered on March 4, 1898, for 999 years and
leased to Pottsville Union Traotion Co. Franchises perpetual.
Interest. Outstand'g.
Date.
Maturity.
STOCK & BONDS—
Stock, $60,000 ($50)
$30000
5MN
60,000 May 1. 1928
1st ai.
M $00,000
S60 000 (!t>i,ooo).o
<*i 0001 n* X 1898
ist
Phila-i TrU8tee
£ Int at Real E8t Tr Co
is
.
Date.
Bonds.—
Interest. Outstanding.
Last Oiv.,etc.
.
(5)
$700,000
8tock.com. ,*700,000.$lOO
cum.
Pref.. 5 p c,
mm
100,000
June 1,1910
148,000
1st M.g. >1890
6g. J-D
o* s Int. at Ain. Tr. & Sav. Bank, Chicago, trus.
100.000
Port. * Vancouver Ry..o* 1889 6
552,000 Jan. 1, 1916
Port.Ry.lsteou.M.,g. 0* > 1896 5g. J-J
< Interest at Mercantile Trust. N. Y.. trustee.
subj.tocall Jan. 1.1906
Portland Railway first consol. mortgage Is for $2,500,000 ($250, $500
and $1,000) of which bonds for $248,000 are reserved to take up at
maturity the .Multnomah and the Port. & Vancouver hoods. $497,000
Issued in reorganization, $55,000 for betterment, balance authorized as
required at $_o.ooo per mile for new road. Consols have a sinking fund
of 5 p. o. per annum, beginning Jan. 1, 1906, and are redeemable at
The mileage covered by present mortgage
§ar and accrued Interest.
ebt is 25 miles. The Portland Ry. Is not responsible for Interest on
the Metropolitan Ry. 1st mortgage 6s, of which $145,000 are outstand.
lng but were not Included in the reorganization.
Road— Owns 29 miles of electric and 2 miles of cable; total, 31
laid with 40-lb. T and 38 lb. girder rails;
miles; 3 ft. 6 in. gauge
operates 58 electric motors, 12 trail cais. 16 grip cable cars and 6 other
cars; total, 92 cars. Power is furnished by the Portland General
5 J-J
$100.000
Mult'mahSt.Ky.
Gold
.
COAL CASTLE ELECTRIC RY.—A trolley road.
Organization -Chartered on March 10, 1899, for 99 years, and
leased to Pottsville Union Traction Co.
Date. Interest. Outstanding. Maturity.
Stock
BONDS—
Stook, $3i>,000 ($50)
....
$15,0"0
30,000 June 1,1929
5 J-D
1st M
ooni « 5 1899
M. <RSO(Oof«i
$30,( 00 ($l,000)..c
paila lrU6teet
I Inc ar Real E8t Tr Co
trolley road.
(6) PEOPLE'S RAILWA
Organization -Leased to Pottsvile Union Traction Co.
&
-
;
(
Y-A
(7
)
PORT CARBON & MIDDLEPORT ELECT8IC RAILWAY COM-
PANY. — A
trolley road.
Organization -Chartered July 5,1 '98, for 999 years. Leased to
the Pottsville Union Traotion Company. Stock. $60,000; $50 per
share Stock outstanding. $60,000. No bonded indebtedness. Road
extends from Port Carbon to Belmont, Cumbola and New Philadelphia; extension to Middleport is under construction; to be completed
July 1, 1901, making a total of 6 miles of road.
;
POUGHKEEPSIE,
OFFICERS— President, O. F. Paxton; Vice-President. W. H. Crocker;
Secretary. Frank I,. Brown. 8 & 10 Pine St San Francisco Treasurer
Gen. Man.. F.I. Filler; Auditor. J F. Batohelder.
J. C. Ainsworth
Directors— D. 0. Mills, New York; Wm. H. Crocker. San Francisco; J. C.
Ainsworth, O. F. Paxton and F. I. Fuiler. Portland, Ore.—V. 70, p. 946.
;
,
:
PORTSMOUTH, VA.
Population 1900 was 17,427; in 1890 was 13,268,
anu in 1880 was 11.390.
CO.-Trolley. Popu
OLD DOMINION RAILWAY
latlon trib iiar> to system estimated in 1900 at 40,000.
Organization— Formed Feb. 28, 1901, as a consolidation of th«
Portsmouth St. Ry. ( o. the Norfolk County Ry. Co., the River Froi.t
RR. Co. and the Virginia Equipment Co. See V. 72, p. 481.
Maturity.
Date. Interest. Oulstand'g.
Bonds—
STOCK
$535,000
8fh auth.. $100, $1,535,000
142.000
Jan. 1918
Portsn o ith 8 reet ky. 1st i Apr.,'98 6 g. J-J
mortgage $142 000
S Un. Sec Life Ins. & Tr. Co . Phlla., trustee
Jan., 1918
Portsmouth street Ry.. 2d > Apr.,'98 6 g. J-J $100,000
Tr. Co., Phlla.. trustee
mortgage $100,000
s Un. Sec Lifelns.&
July.
Si.
1920
Ry.
imp.
>
Mar.,'00
J
J
$68,000
Portsmouth
4
6g.
ext. mort. $ 1 00 ,000
S Colonial Trust Co., Philadelphia, trustee.
&
POQGHKEEPSIE
& WAPPINGERS
FALLS
ELECTRIC CITY
RAILW
A Y-A trolley road.
Organization.— Chartered March 22, 1894.
Miles. Date. Interest.
STOCK & BONDS—
Outstand'g. Maturity.
8t'k,$750,000,par$100
$750,000 f.p
20 1894 5 g. J-J
1st M. gold $1,000 s. f. $
401,000 Julyl,l<'24.
nooption
c*. (Trustee, Cent. Trust Co., N. Y.
Int.inN.Y.City.
Boud»-Tue bonds are limited to $25,000 per mile of completed
trolley rosd. $10,000 of this being issuable when track is laid and remaining $15,000 when equipped with trolley. No bonds can be issued
In excess of $500,000 " until the stockholders of this company shall
oonsent to such excess in the manner provided by the laws of the State
of New Yom." Silking fund, beginning Jan. 1, 1897. equal to 1 per
cent of the "bonds Issued hereunder"; bonds purchased at not exceeding 110.
Road— Owns 15*60 miles of road second track, 1-14 in.; sidings, *59
m.; total, 17-33 miles of track.
June 30, 1900, gross. $85,003; net, $28,947;
Earnings— Year ending
i
Interest and taxes, $24, >72; balance, surplus $4 375.
OFFICERS President, J. W. Hinkley, 489-493 Main St., Poughkeepsie,
N. Y.; Secretary and Treasurer. Silas Hinkley, Poughkeepsie.
;
PROVIDENCE,
R «on/Z t J?, Rr '™L'"™* I ^ay.'OO 5g. J J $200,000 July. 1930
SSJpS'rS " £"«.",* \ Colonial T ™ st Co - ^'adelphla. trustee
1
Bonds. Old Dominion Ry. Co. bas in preparation a new bond issue
to retire underlying liens and build extensions, etc.
Road— Owns 18 m les of single track, exclusive of sidings. R*ils
70 lb girder and 5* lb. T. Has 15 electric trolley, 4 other passenger,
and 4 flat cars, and duplicate power station.
Officer-— President, Horace G. Wil iams, Ph'laielpbia; Secretary
andTrea-mier. M. H. Leonarn. Philade hia. Oflloe, 119 South Fourth
1
Street, Philadelphia.
V. 71. p. 183, 288, 343,
i
44; V. 72,
p 481.
POTTSVILLE, PA.
Pottsville Union Traction was
incorporated at Harisi.urg (charter perpetual) for the purpose of
consolidating the following lines, which are operated by virtue of
control of stocks and of leaseholds Schuylkill El. Ry Co., Pottsville
Reading Ky. Co., ramaqua & Pottsville Electric RR Hchu.Ukill
Haven & Orwigst>urg»t Ry., Coal Castle Electric Ry People's Ry.
Company of Pottsville, and the Port Carbon & Middleport Electric Ry.
Maturity.
Oulstand'g.
Date.
Interest.
BONDS—
Stock
$1,250,000
Stock, $50. rull paid
1,250,00c Sept. 1,1929
5 g.M-8
1st M.,$l. 250,000 gold. S 1899
$500 and $1.000...c* ' Int. at Real Estate Trust Co., Phila., trustee.
BCNDS- Of tie $1.00o, OO issued, $750,000 have been depo-lted
with t"e trustees for the pic pose of retiring all outstanding bonds of
bonds unissued Is reserved
the above leased companies; the $25
for acquiring additional nubage and necessary equipment for same.
The company haa no floating debt.
Earnings— From Jan. 1 to July 31, 1901, gross, $95,42«, against
879.K55 In 1900. For c-tlcndar year 1900. gross, #142,466; net,
$64,979. In 1*99, gross. $1*8.983; net,$*>7,9l7
Road— Owns and operates J5 3-to miles of track; standard gauge,
60-lb. T and » lb. girder rails; operates 45 motor and 7 trail cars.
OFFICERS— President Clarence P. King; Vic«--Pres. Ihos. B Prosper; Secreiary. v» llham C. Pollock, Jr.; Treasurer, Jos. B. Hoellman;
8npt, D. J. Duncan. General office, Pottsville; Preside t's ottlce
Room :-09 Real Kstate Trust Building, Philadelphia -V. 69, p ^41.
&
:
.
,
&
,
1
SCHUYLKILL ELECTRIC RY.-A
Organization— Chartered on
trolley road.
Oct. 4, 18-9, for 99 years
and leased
to the Pottsville Union traction Co.; franchises iterpetual.
Interest. OuUtatuiing. Maturity.
Date.
Stock <t Bonds—
Stock $6o00<0(«
0)
1st mortgage, hold c*
»5O0,0< 0i*5« OAtl.OO"
(2)
>
)
$650,000
500.000 Feb 1,1925
189»
6 g.F-A
o., Phlla., trust.
Int. at Real Estate Trust
<
POTTS'MLLK A READING RAILWAY.— A
OrQaniza ion- Chartered on May
trolley road.
1892, for 099 years and Is
leased to the Pottavtlle Union Iractlon Co. Its securities, etc.. are
as follows:
Outstmd'g
Maturity.
Interest.
Dale.
Stock dfc B0ND3$5«,6« O
Stock, $100,000 (#ft< par)
IOO.0Feb. 1, 1925
6g.
1st M. gold, c* $lc0,«.OO/ 1895
($1,000)
$ Int. at Real Est. Tr.Co., Philade phia, Trus.
1
5,
FA
I.
PROVIDENCE
PAWTUCKET-PAWTUXET
ELECTRIC.
R. 1.— U>ITED TRACiION
-
VALLEY,
<te
United Traction <£ Electric Company, chartered In
New Jersey, owns the Union Railroad Company of Providence, the
Pawtueket Street Railway Company and the Rhode Island Suburban
Ka 1 way Company, a d thus controls ttief entire street railway systems of the cities of Providence, Pawtuoket and Central Falls (except
the I ter-State on*olidated) and of the counties of Kent, Washington,
Brintol and Pro idence, serving a population of about 275,000.
The entire capital stock of the new «. I. suburban Ry. ($5,000,000)
See statement of that company below.
Is held.
Outstanding. Div., Mat., Etc
Dale. Interest.
BONDS—
STOCK
Q-J
$8,000,000 Oct., 1901,1%
Stock
Organization
&
trolley
Organization— On May 15,1899, the
(1)
R.
Population in 1900 was 175.5^7; in 1890 was 132,146,
AND IN 1880 was 104,856.
«
Population 1900 was 15,710; in 1890 was 14,117,
and in 1880 was 13,253,
POTTSVILLE UNION TRACTION.-A
road.
N. Y.
Population 190O was 24,029; in 1890 was 22,206,
and in 1880 was 20,207.
Electric Co.
°
T &
1893 5 *. M. - 8.
8,588.000 Mar. 1, 1933
X' p« JT'i^mU
Interest Payable at Central Tr., N. Y., Trustee.
IbmooIL) M. $l'.000?g )
Dividends— In July, 1897, the company began paying quarterly
dividen s at the rate of 2 p. c per am um. Thin was gradually increased to 1 p c. quarterly Jan 1899, which rate has been continued
up to and including Octoner, 1901.
Bond* T tai Issue llmite n> *9.0()0,000, of which $8 000,000 were
originally Issued to purchase and equip the properties. Bv the lerms
of the mortgage the additional m'l ion was reserved to pay for new
irack, »hlch must be laid within 18 miles of the City Hall of Providence, R I., for which b inds can only brimmed at cost, but not exceedUnder
ing.f 12,000 per mile of suoh new tr-ick including equipment
this provision $58 ,000 of bonds had beeu issu. d up to June, 1901,
against new mileage.
Securities Pledged.— The securities pledged include all of
the *9.<>O0.000 capital stock of the Union RR. of Providence, all of
the $500,000 capital stock of the Pawtucket street Ry. (no bonds) and
all of the $3,000,000 first mortgage bonds of the Unwn RR. of Providence, a d, through Hie ownership of the Union Railroad Co.. $299,800
of the $300,000 capital stock, being sll but two shares, of the Providence Cable Tramway f'o. (no bonds). The Providence Cable Tramway
Co. Is leased to the Union Railroad Co. for 50 years for 6 per cent on
Pmv
,
i
Its
capital ntock.
Treasury Securities—The United Traction &
Electric Co. has in Its
treasury 'he entire capital stock ($5,000,ooO) of the Rhode Island
Suburban Ry.
Road — In June, 1901. there were completed and operated by electricity 224 miles, which Include 1 1 -1 miles of Pawtuxet Val. El. St. Ry
and 6' mil»-s of the Rlmde Island Suburban Ry.
All the above-described roads of the United Traction & Electric Co.,
including the Providence Cable Tramway, are now operated by eleotrieit).
Latest Earnings -January ltoAugust31, 1901, gross, $1,783,179, against * 1.565, 160.
Yearly Earnings— Fiscal year ends Dec. 31. Earnings have been:
Gross.
Net.
Tears end. Dec. 31—
1895
1*96
,897
$612 938 18
1,723,474 68
1,731,47451
76011222
1.7
750.18638
41HH63
2O19O09OO
1K148
1899
1900
Net
$1.631614 46
Is
6 3,338 71
861.737 84
2,382,257*4
8^6,83600
the result after deducting taxes, repairs, damages, etc.
—
.
J
STKEET KAILWAYS.
OFFICERS— President, Nelson W. Aldrioh; Vice-President, Marsden
J Perry: Treasurer and Secretary. Cornelius S. Sweetland of Provl
dence.-V. 65, p 464; V. 68, p. 525, 1027: V.70,p. 176, 177.
(1) R. I. SUBURBAN BY.— A trolley road
Organization— Chartered by the Legislature of the State of Rhode
Island in 1899 to construct, purchase, lease or operate trolley roads
in any part of the State except Newport County, ay the terms of its
charter It is vested with the power of eminent domain, and the right
to transport passengers, freight, express matter and United States
mail.
&
Date.
Interest. Outsland'g.
Maturity.
Bonds—
Stock
$5,000,000
Stock, $5,000,000
"
1900 4 «• J J
Jan. 1, 1950
850,000
i a t - „ OH
/*i .""">
nnm •< ™«r.
lst,m.g.
K u ar„ \( union Trust Co.. Providence, Trustee,
p. & i.. *o.ooo.ooo...c ^
Int ac offloe of the Ry COf providence.
The United Traction <fe Elecrrio Co. owns the entire capital stock,
principal
and interest.
and guarantees the bonds,
Bond*.— Future issues are to be on property actually acquired to an
amo<int not exceeding cost, there being reserved in the hands of the
5 p. o. gold first
trustee $318- 00 to take up and retire $247,2
mortgage bone's of the Pawtuxet Valley Electrio Street Railway
Company and $70 000 6 p. c. gold first mortgage bonds of the Cumberland Street Railway Company, the former issue being guaranteed, principal and interest, by the United Traction & Eh ctrlo ComJ>any. which guarantees the payment of the interest on the Oumberaiiil bonds.
Securities Pledged—700 shares of the Cumberland St. Ry. Co.;
3.985 shares of th Pawtuxet Valley Elect. St. Ry, Co.; and 5,000
shares of the Barringtoo Warren & Bristol St. Ry. Co.
Road— Owns and operates what was formerly the Oakland Beach
branch of the N Y. N
11 miles in length, and has
<fe H. RR„ about
converted it into an electrio road, and ha«, Including the several divisions built in the highways, a total of 67 miles of traok. A trolley
freight service was inaugurated June, 1901.
OFFICERS -Pres., Nelson W. Aldrioh; Vice President, Marsden J.
Perry; Sec,
V. A. Jos in; Treas., Cyril A. Babcock, all of Providence. Main office. Providence, R. I.— V. 70, p. 176
-
•
H
H
PROVIDENCE & FALL RIVER STREET
RY.-A trolley road.
in March, 1901, under the laws of the
Population served, 350,000.
Organization-— Incorporated
State o Mass -chusetts.
STOCK and BjnoS -
Date.
Interest.
Ouistand'g.
Maturity.
$l«5,O00
1901
July 1, 1921
5 g J "J165,000
1st mortcae-e <B200
OOo)
*^««.°<;0 C r n t. at Industrial Tr. Co Providence, trus7«f^n
goia
,wv,
c
0*1
tee, or Eliot National Bank, Boston, Mass.
^
Bonds.— Of the authorized issue of $200,000, $35,000 are reserved
Stock, $165,000
S
,
.
for extensions.
Earnings— for the period from July
1 to Sept. 8, 1901: Gross, $12,-
940; net, $7,117
Road— Operates
about 12^ miles of track between Providence, R. I.,
and Fall River, Ma-s., which was put in operation July 1, 1901.
Extensions are proposed to Pawtucket and to Warren, R. I.
Officers - President, John J. Whipple; Vice- Pres., W. H. Trumbull!
Treas. and Clerk, Geo. A. Butman, 8 Congress St., Boston, Mass.— V73, p. 33, 616.
PUEBLO,
COL,.
Population 1900 was 28.157; in 1890 was 24,558
and in 1880 was 3,217
PUEBLO TRACTION & LIQHTING-A
trolley
road.
Organization—This company was
successor, in
Dec, 1900,
to the
Pueblo Traction & Electric Co., which was a consolidation In 1899 of
the Pueblo Electric Street Railway Co., and the Puebio Light & Power
Co. Owns ail the street railway, electrio light lug and electric power
Railway franchise expires in 1942 and electric
interests in Pueblo.
light f anchise in 1924.
Date. Interest. Ouistand'g.
Maturity.
Stock and Bonds—
$1,000,000
St'ck $1,500,000 (par $100)
5 *•
900,000 Jan. 1. 1921
lstmtze SI ' 500 000 ,g
gold? 1901
enver, trustee,
'
,*T7>™;*
t international Trust «o..
wa.ouuj
^ Interest at Morton Trust Co., N. Y.
he
Bond*.— Entire issue of 1st mort. bonds m^y
call- d after Jan 1,
1906, at 104 andlnt-rest. A sinking tuna of $10,000 annually com190t>
maybe
usi
and
d
bonds
mences in
to call
after January, 1906,
at 104 aud interest; $100,000 of the b>nds are held in thetrea<ury for
Improvements and 500,000 are reserved f>>r the purchase of a gas
plantorforentei sions.
JJ
•>
Road— Owns 21 miles of track, all in city of
Report— For the year ending December 31.
1900
$233,439
127,547
Net earnings
on $900,000 5 per cent bonds
,
Interest
Surplus earnings
RICHMOND, VA.
Population 1900 was 85,050; in 1890 was 81,338;
and in 1880 was 63,600.
[Including Manchester and suburbs, population in 1900 is estimated
at 125,000.]
PASSENGER & POWER CO.RICHMOND
and
Electrlc railway
oompany
is
—
&
,
&
Richmond
Manchester Railway have been called for payment
allowed by the mortgages and substantially all have already
been paid. The new mortgage covers the railway lines, electrio light
and power plants, real estate, etc.
1900.
1899.
1898.
Earnings—For year ending Dec. 31:
Gross earnings
$556,<>20 $499,243 $477,541
240,685
223.009
Net from operation
201854
Insurance and taxes
27,189
14,695
13,538
213,496
Net income
208,314
188,316
Equipment The equipment includes 112 cars.
as
—
OFFICERS— President, James D. Patton; Vice-President, Fritz Sitterding; Secretary and Treasurer, Andrew Welsh, Richmond, Va. Prin
cipal office, 1114 E. Main St., Richmond. Va. -V. 66, p. 1238; V. 69, p.
334, 591, «46. 1346; V. 70, p. 231, 281, 792. 842, 947, 1151. 1196; V.
71, p. 30. 85, 183, 283, 343, 699— V, 72, p. 1189.
RICHMOND TRACTION
An electric
CO.
road.
ORGANIZATION-Incorporated Aug., 1895. First division of road opened
for business June 20, '96. Operation of entire system commenced Apr.10,
1897. This company operates a double-track electric line the full
length of Broad Street, one of the principal thoroughf at es of the city of
Richmond; also several branches radiating into different thickly populated sections of the city
The tracks of the company within the -city are laid with 95-lb. steel
girder rails on white oak cross-ties and for a considerable portion of the
distance embedded in concrete, and along streets paved with granite
blocks. The lines in the suburbp aie laid with 60-lb. steel T rails. Company owns its power house, brick and steel car house, etc Population
of Richmond and suburbs, including Manchester, estimated at 115,000.
Diffeiences between the Richmond Passenger & Piiwer and the
Richmond fraction concernius; the right to operate over portions of
each other's systems were settled by arbitration in June, 1901. Capital stock was increased on Out 1, 1901, from $600,< 00 to $1,000,000.
Interest. Outstand'g. Maturity.
Date.
STOCK
BONDS
Stock, $1,000,000 ($50)
$1,000,000 Jan., 01,2%
lstM.,$500,000,g.($l,000).C* 1895
5 g.J500,000 Nov 1,1925
(Subj. to call 105 after July 1, 1900.) Trustee, Maryland Tr. Co., Bait.
Interest payable at Maryland Trust Co., Baltimore, or banking house
ol John L. Williams & Sons, Richmond.
Mortgage covers entire property and franchises, also power house,
carbarn, etc. Sinking fund of 1^4 p. c annually of all bonds issued
begins July 1, 1900.
D> vid ends.— Semi annual dividend of 2 p.c was paid July 2, 1900; In
1901, Jan.. 2 p. o.
Road— Owns 16*8 mile of track; operates 2*6 miles additional; total, 19 4 miles. Equipment 46 open cars, 53 closed cars equipped with
double "G. E. 1,000" motors, 1 street sprinkler, 1 snow sweeper; to-
&
tal.
101 cars.
1899.
$1-9,652
114,166
$105,892
45,000
Sept. 30, 1901, gross, $218,570; net,
$79,027; in 1900, gross, $203,057; operating expenses, $108,198; net,
$94,859.
OFFICERS—President, E. L. Bemiss; Vice-Pres., E. R. Williams;
8upt., S. P. Cowardln; Sec, Everett Waddey; Treasurer, R. Lancaster
Williams.- V. 61, p. 472, 831, 1179: V. 64. p. 1043; V. 72, p. 1189.
$75,486
ROANOKE, VA.
$60,892
OFFICERS— President, M. D. Thatcher; Vice-President T. H. Devlne;
Treasurer, Ward Rice; Secretary, H. C. Baker; General Manager,
John F. Vail.— V. 67, p. 530, 902; V. 68, p. 475, 1183; V. 72, p. 822.
Population 1900 was 21,495;
ILL.
Population 1900 was 36.252 in 1890 was 31,494
and in 1880 was 27,26*
;
QUINCY HORSE RY- & CARRYING CO-
in
1890 was 16,159.
A
ROANOKE RAILWAY
& ELECTRIC.roaa. Population
Roanoke estimated
189/ at 20,000.
of
trolley
in
Organization— The Roanoke Street Railway and the Roanoke ElecLight
Power were both sold at foreclosure August 1, 1899 The
present company was then formed.
Maturity.
Date. Interest. Outstand'g.
Stock & Bonds—
Stock $200 000 (¥100)
$200,00
tric
QUINCY,
lighting.
successor of the Richmond Railway <fe Eleotrlo Co.,
having acquired that property, together with all Its allied lines. Tothe new company a speoial charter was granted by the Legislature of
the State oi Virginia in March, 1900, giving it power to own. build
and operate railway lines. The City Council of Richmond has also
given the oompany a comprehensive franchise, running thirty years,
and covering the various streets upon which the different liues of the
Richmond Railway & Electric Co. system were located.
Road and Plant-—The company operates about 67 miles of track
In Richmond and Manchester and iheir suburbs, thus furnishing
transportation facilities to about 125,000 persons. The company also
furnishes electric lighting and ela trie power to the municipalities and
to private consumers of the two cities.
Date.
Interest.
Outstanding.
Maturity
BONDS.
STOCK
5
$200,000
Capital stock, pref
"
"
common
1,000,000
5 g. J&J
3.000.000 Jan. 1, 1925
Consol. mort. bonds, g. > 1900
($l,000io*$3,0O0,000 $ Int. at Mei chants' Tr. Co., New York, Trustee.
5 g. &&J
Debenture mortgage) 1P00
1,000,000 July 1, 1910
bonds, gold, $1,000,- > Int. at Atlantic Trust Co New York, Trustee
000 ($1,000)
) May be called any time at 1 02 and accrued int..
Of the $3,00\000 oonsol. bonds, $2,200,000 were set aside for
the exchange of a like amount of bonds of the three contituent companies. In Nov , 1900. two of the di» isional mortgages had been canceled, all the bonds thereunder having been deposited for exchange,
and about 95 percent of the $2,000,000 bonds oftheold Richmond Rail,
way & Electric had also been exchanged. The $400,000 bonds of the
This
Earnings— Fiscal year ending
Pueblo.
Gross earnings
Operating expenses Including taxes
77
<fc
1st M. $300,000 ($1,000) g.
<
1899 5
g.
D
D
J-
Fund
300,000
Dec.
1,
1949
(Int. at Mercantile r.& ». o.,Balt.,trustee
2nd M. income, gold
190,000 Dec. 1, 1949
4 g. J J 1899
($1<
$5 0) $190,000
I Mercantile Tr. & Dep. Co., Bait., trustee.
Income honds—lu Jan., 1901, the first payment of 3 per cent was
announced on the income bonds. —V. 72, p. 84.
Road— Operates 14 miles of road in city of Roanoke, extending also
8 miles to Salem, Va.; total track, 22*3 miles.— V. 68, p. 1183; V. 69,
p. 82, 284, 334; V. 72, p. 184.
OFFICERS— President, J B Fishburne, Roanoke; Vice-Pres.. J. F.
Heywaid, 1 Broadway, N. Y.; Treasurer, Edw. L. Stone; Secretary,
8.
i
In March, 1899, Judge Allen in the United Stares District Court for
the Southern District of Illinois decided that this company, under its
act of incorporation, has an exclusive rij ht to operate a street railway
In Qutncy f--r titty years from Feb. 11, IS :65, and he enjoined the J. U.
Habinger Company from constructing a road under an ordinance
granted bv the i ity Council.
Interest.
Date.
Outstanding.
Maturity.
Stock
Bonds
Stock, par $100
$6< 10,000
1st mortgage, $500 J 1890
5 A-O
140,000
Oct. i", 1910
each
( Trust's, E. J. Parker, J. F. Carrott, Quincy, 111.
J. W. Hancock, Roanoke.
let consol. M. $550,- J 1898
5g. A-O
Oct. 1, 1918
$310,000
OOO. gold
c*. <Int. at Portland Trust Co., Portland, Me., Trus.
Interest on first mortgage payable at Quincy (111.) Trust Co.
Of thereof 1898, *'40.0O0 will be u«ed to retire the 1st 5s and
Population 1900 was 162,608; in 1890 was 133,896;
$100,000 retained by trustee for future extensions and improvements.
and IN 1880 was 89,366.
Earnings— For year 1900 gross was $98,461; in 1899, gross $91,trolley road
920; and in 1898 gross, $81,363.
Feb. 25, 1890. and is a consolidation of
Chartered
Organization—
Road— Operates 15 miles of track.—V. 67, p. 372, 737
the Rochester Olty and Brighton RR.,the Cross Town RR. and the
Officers— President, Geo. F. Duncan. Portland, Me.; Sec, W. B. South Hark RR. Operates about 85 miles of track iu city of Roohester,
McKinlty, Quincy, LU.; Treas., Henry P. Cox; Wen'l Mg'r.; H. E. Chub- with extension to Ontario Beach, 8% miles, and to Windsor Beach, 9
boek.
miles. The Rochester Electric Railway was leased on September
1
&
—
ROCHESTER,
N. Y.
ROCHESTER RAILWAY-A
8,
—
J
:
STREET RAILWAYS.
78
1894. lease dating from Julv 1, ISiU, for SO years, at a rental of 8 per
cent on $-200,000 stock (of which the Rochester Ky owns $136,901 )
•nd whenever gross receipts exoeed $">0.000 one-quarter of such excess. A branch of the Rochester A Suburbau (theSunuuerville Branch)
is leased for 10 years from April 15, 1898, at an annual rental of $S.000; see that company under Irondequott. In addition to the stock
of the Kochestei Electr'e Ry also owes '205 shares out of the total 400
shares ipar. $50) of the Rochester A Charlotte Turnpike Co
In Jan. 1901, E. W.Clark A Oo. became associated with Cuyler,
Morgan & Co. of New York in the control of the road
On May 24, 1901, the stockholders authorized $'-'.500,000 5 per cout
cum. preferred stock and $2,500,000 5 per oent general mort. bonds.
The stockholders were allowed to take the new tfoofe by paying at the
rate of 00 per cent in present stock at a valuation of $00 per share
Of the $2,500,000 new bonds. $1,000,000 will be
•nil $40 lu Oftsh.
Issued to liquidate the floating debt and for betterments, improvements. Ac. and the remaining $1,500,000 to be issued from time to
In June, 1901. application
time for Acquisitions, construction, <fto.
had been made to the State RR. Commissioners for permission to issue
the bonds, but Dp to Nov. 1, 1901, this had not as yet taken place.
In Oct 1901. both preferred and common stock were listed on the
Philadelphia Stock Exchange.
Date.
Interest. Outstanding.
Maturity.
BONDS
STOCKS
$2,500,000
Com.stk. $.'.500,000 ($100)
„
Pref. 5%. euui. $2,500,000 J •**
00 oftn
-,ovv,vvv
I
($1C0>
418,000 Jan. 1,1902
JRoch. C'v * Brighton 2d £ 1882 6
Int. at Flour City Nat. Bank, Roohester.
M., now 1st M. ($500)... 5
now
1889
A-O
6
175,000 Apr. 1,1919
Roch. Cy A B. 3d M.,
\
Interest at Rochester Tr. & S. D. Co.
)
2d M. ($500)
. .„,„ 0l. „„„„„,
1890 5g. A-0
2.282,000 Apr. 1,1930
(
T
at c "y ler Mor « an & Co - New York
,
&
•
ROCKLAND
ME.
Population 1900 was 8.150; in'1890 was
and in 1880 was 7,599.
8,174,
ROCKLAND
THOMASTON
RAILWAY.-Au electric road.& CAMDEN
STREET
In Feb., 1901, consolidated with the Knox Gas & Eleotrio Co., and
of $800,000 to the Union Safe Deposit & Trust
Co. of Portland, Maine.
Date.
Interest. Outst'd'g.
Maturity.
STOCK
BONDS—
Stock ($100) ($300,000 auth.)
$250,000
1892 5 J " J
250.000 May 1, 1922
i
ist m. itewnnm
(i^oo.uuu)
} Interest at Nat. Exchange Bank, Boston.
Loans & bills pay. July 1/00
8,888
Road Operates 17-21 miles of track from Thomaston through
Rockland and Rockport to Camden. In Sept., 1901, purchased "Oaklands," a park of 75 aores, for purposes of a pleasure resort.
Tears ending June 30. Oross.
Net.
Int. and taxes. Bal.,sur.
1900
$79,845
$27,739
$12,889
$14,850
1899
70,211
29,298
13,585
15,713
14,132
1898
68,223
25,436
11.304
Officers— President, G. E. Maoomber; Sec, H. M. Heath; Treas.,
A. D. Bird Supt. and Purch. Agt., Thomas Hawken.— V. 72, p. 392.
made a new mortgago
&
utM
;
,-
M
^S!om^i.«w)r5* I %t™<
.
-
1893' 5 g. J-D
1,360,075 Deo. 1,1933
IE., $1,500,000, g. >
o* J Interest is oayable at Security Tr. Co., Rooh.
($1,000 each)
)
1891 6 g. M-8
113,500 Mch. 1, 1911
Debentures, gold
Subject to oall after Mar. 1, 1901.
($500 each.)
5
1897 6 M-8
182,000 Mar. 1, 1905
Collateral trust notes )
s Interest at Security Trust, Rochester.
($1 000)
Consolidated mortgage of 1890 and second mortgage oover all present
and future property of the company, and the bonds are to have their
principal and interest paid without deduction for any tax payable by
the company under any law of the United States or New York State
•nd imposed upon the bond for national, State or municipal purposes.
Of the consols enough are reserved to retire underlying bonds of the
Rochester City & B. RR.; of the second mortgage 5s $750,000 were
originally reserved to retire the $600,000 of debentures, of which
$113,500 still outstanding in Nov 1901.
2d
,
Road leased—
4697 Roohester Electric
3735
do
do 2d
Miles.
ROAD
Otened.
line, trolley
Main
Second track
8idlngs
2-23
Total
8555
Miles.
)
track..
1
Roohester & Suburban
do
2d track & siding J
1Q
14
1911
.
ROME, GA.
Population 1900 was 7,291
and in 1880 was
;
rails,
40
Gross.
Net.
Oth inc. Charges.
&
$5,351.
Pres., Seymour
V. 69, p. 1193.
$45,737
29,372
1900.
1901.
1900.
Trend. June 30. 1901.
Gross earn'gs... $98 1,723 $916,300 Int. on bonds)
376.173 362,285 Taxes
£$304,338 $291,335
Net
14,4 56 Rentals
Other income... 18,535
)
Net income,.. $394,708 $376,741
Surplus
$90,370
$85,406
OFFICERS— Pres Frederick Cook; Vice-Pres and Gen. Man.,
T. JNieholl; Secretary, G. G. Morehead; Treas., Frederic P. Allen, all of
Rochester.— V. 67, p. 690, 95 1; V. 68, p. 826; V. 72, p. 184, 392, 937; V.
73, p. 785.
,
,
CHARLOTTE & MANITOUROCHESTERCapital
$100,000, of which
&
STOCK
BONDS—
$97,500
stock,
is
Bonds, $82,000, first mortgage, gold, 5 per cent; interest payable annually on Dec. 1st. Dated Dec. 1st, 1895; due Deo. 1st, 1925.
Issued, $81,250. Trustee, Security Trust Co., Rochester, N. Y.
Road— From Charlotte (suburban town and resort of Roohester, on
Lake Oniario,) to Manitou Beach, on Lake Ontario, 7-75 miles.
Earnings.— Year ending June 30, 1900, gross, $20,389 net, $8,379;
Charges, $1,703; surplus, $3,676.
Officers— President, Michael Doyle; Vice-Prest., E. H. Craig; Sec.
and Treas.. Ceo. L. Braun; Chairman, Lewis Warfleld, 54 Wall Street,
Issued.
;
New York City.
ROCHESTER & SODUS BAY RAILWAYORGANIZation— Organized Oct. 13, 1898, with authorized capital of
$l,00O,0« 0. to build an electric railroad from Sodus Point, Wayne
County, on Lake Ontario, to the city of Rochester, 39 o miles. The
road was open* d on August 22, lflOo. The company made, application
to the RR. ('• mmishionern in April, 1901, for permission to issue $750,
000 bonds, but up to Nov., 1901, application was still held in abeyance.
OFFICERS— T. J. Nteholl, President and Chief Engineer; John H.
Gregory. Treasurer; Charles Van Voorhis, Secretary. Ottice, 267Stat«Street, Rochester.— V. 71, p 391.
'
ROCKFORD,
ROME,
WAS
chartered for 99 years as a consolidation of all the street railway sysof the. cits """ Ocl 1", 1898, was granted a municipal franohise
for 25 years -V. 67, p. 321, 1056.
Interest
Outstanding. Maturity.
Date.
Stock
Bonds—
D
$350,000
Stock, #354 ,0<
Rockford City St. 1st)
M-N
6
150,000 May 1, 1910
1890
mortgage, subject to \
tems
&
1900
)
5g.M-N
150,000 Nov. 1, 1918
1898
mort. gold,
.00'
c.
< Int. at Am. Tr & Savings Bk., Chicago, Trus.
$300,000 (*
Trustee of flr-t mortgage Is the Northern Trust Co. of Chicago, 111.
Bends— From the proceeds of the 1st consol. bonds $70,000 old 2d
mortgage bonds or the K ckf rd street railway were retired and
§150,000 are reserved to retire 6s, due 1910, but subject to call in 1900.
Gross, $81,107; net, $32,r ending Dec. 31, 1900:
f Earni
call In
>
)
669;
in'.
rplus, $16,069. In 1-99:
§1 6.500; surplus, $10,676.
Gross, $71,096;
ROAD— 22 miles of trolley.
r Officers— Pre*., R. >'. Baylis; Treas., W. F. Woodrufl; Gen. Man.
Baylies, Gilbert
•nd Pureh. Agent. T. M. Kllla. DIRECTORS— RWood run. II W. Price, G. W. Wattles and John Farson.— V. 67, p.
•
127, 821, 1056.
ROME
Marvin.—
N. Y.
CITY STREET
RAILWAY-
22, 1885. In Feb., 1900, was
granted permission by the State Railroad Commissioners to issue a
mortgage of $200,000, to reconstruct their present lit e and make
an extension of 3 miles; also to change the motive power from horse
first
to
compressed
STOCK
&
air.
BONDS—
Date.
Interest, Outstanding.
Maturity.
Stock $150,00 ($100)
$150,000
5 g. A-O
lOo.Oi'O
1st Mtge.
$200.000. ) 1900
April 1, 1950
gold ($500
c*j
Int. at Trust Co. of America, N. Y., trustee.
Road— In 1901 owned and was operating about 7 miles of
track under the compressed air system.
Officers— President,
Willis
E.
Gray, 62I Broadway, New York;
Secretary and Treasurer, A. L.
Dal«; Man., Jas. W. Brown.— V.
68, p 674.
Earnings— Year ending June
1900-01.
1899-0.
30,
1898-9.
Gross.. $7,427 $4,722
$5,439
Net. loss 5,065
1,335 loss 2,908
Deficit.. 10,440.
1,505
4,898
.
RUTLAND, VT.
Population 1900 was H.499; in 1890 was 8,239;
and
in
1880 was 7,502.
RUTLAND STREET RAILWAY.-A
trolley road.
rebuilt the line as a trolley road and newly
equipped it throughout. In May, 1901, the property was sold to a
New York and Boston syndicate and reorganized as below.
Date.
Int.
Outstand'g.
Maturity.
STOCK BONDS—
Stock, *l, 000,000 ($100) .-,.
$1,000,0
5 g.
1,000000
New 1st mtge., $i,00o,(00 { 1901
c*5 Int. at Merchants' Tr Co., N. Y., trustee.
($1,000) g
ROAD— Owns and operates 10 miles of track in Rutland, extending
to Wi st Rutland. On Nov. 1, 1901, was c< nstructing between 20 and
laige power plant of
25 miles of new road to Whitehall, N.
, also a
3,000 to 4,000 horse-power generated by water power.
OFFICERS Pres., Le Roy W. Baldwin, New York; v ice-Pres., Henry
W. Burgett, Boston; Sec. and Treas., Chas.
West, Rutland.—.V. 73,
p. 958.
Organization.— In 1894
&
Y
H
POPULATION 1900 WAS 29,282; IN 1890 WAS 26,386;
AND IN 1880 was 21.420.
23,584;
ORGANization—
net.-
B.
SACRAMENTO, CAL.
RY. LIGHT & POWER COROCKFORD
In 1898 the Rockford Ry. Eight & Power Co. was
1st cons.
J.
Organization— Incorporated Dec.
ILL.
Perui.ATioN 1900 WAi 31,051; in 1890
ani» in 1880 was 13,129.
Cunningham; Gen. Man. and Treas.,
Population 1900 was 15,343; ln 1890 was 14,991,
and in 1880 was 12.194.
Surplus.
$259,073
$115,583 $5,015
$74,861
244,189
100,110
1,638
72,376
Annual REPORTS for years ending June 30 show
6,957.
Organization— Chartered in 1894 as successor to the Rome Street
Railway, which was sold In foreclosure July 5, 1895. In Deo., 1899,
purchased the plant of the Rome Electric Light Co. and is now conducting an electric lighting business in conjunction with street railways.
Date. Interest.
Outst'd'g.
Maturity.
BONDS—
STOCK
Stook, $60,000, par $100
$60,000f.p
1st mortg., $100,000, gold \ 1894 g. A - O 100,000
Oct. 1, 1914
$1,000, not subj. to oall. 5 Int. at Am. Sec. & Tr. Co.,Washington, D. O.
Bonds— On Jan. 1, 1901, $100,000 bonds were held by stockholders
of company. Instead of issuing new bonds to buy the plant of the
Electric Light Co., the company borrowed $16,000; the bondholders
having loaned their bonds to the company to be used as security.
ROAD -Owns 6I5 miles of track (of which li B built In 1897, funds
being contributed by bondholders), laid with 35 and 45-lb. T rails.
Gross, $31,346; net, $4,145
> 1901
Latest Earnings—
Nine months to Sept. 30. 5 1900
Gross, 30,195. net, 6,164
Earnings— For year ending Dec. 31, 1900, gross, $40,709; net,
$7,003. In 1899, gross, $28,732; net (above expenses and interest),
to
1901
1900
was
CITY ELECTRIC RAI LW A Y-A trolley road.
Total oper. June 30, 1901 .104-69
107 pounds, standard gauge; oars, 200.
Latest Earnings— Three months to Sept. 30:
Weight of
in 1890
3,877.
ELECTRIC GAS & RYSACRAMENTO
Incorporated April
1896. Franctiises
4,
expire Oot.
Organization—
1942. A consolidation of the Sacramento Electric Power & Light
and the Folsom Water Power Co
The water power is obtained from Folsom, 24 miles from Saoramento. In 1899 made a contract with the Yuba Electric Power Co.
6,
for the exclusive use of 2,000 h. p. for immediate delivery and to the
extent of 5,000 h.p. if needed. This obviates the necessity of a steam
plant and insures against shortage of power for the future. In 1899
acquired by exchange of stock 9,532^ shares out of a t- >tal of 1 000
shares (par $f>0) ot st ck of the Capital Oas Co. This company has a
bonder debt of $150,000.
Maturity.
BONDS— Miles. Date. Interest. Outst'd'g.
Stock
$1,850,600 N'vl, '01,150.
Stk.,$2, 500,000 ($100)
°8- J -*>
265,000 June 1, 1912
Central El
Rv lstl 16 1892
($25,000 due yearly) to June 1, 1921
m *inn tifto %i ooo I
>
&
•**%?;'*,.*
c
&$500, g
& Tr. Co., San Fran.. Trustee,
or Union Trust Co, New York.
1897 5 g. M-N 1,>- 35.000 Nov. 1,1927
) ....
8ac. Elec.
mort..
$2,500,000 [ Int. at Cal. S. D. & Tr. Co., San Fran., Trustee,
o) and euar. Trust Co. of New York.
($1,000)
Bo- ds—Ot the $2,500,000 bonds authorized, $265,000 are reserved
for the Central Electric Ry. firsts. The $400,000 unissued remain for
future corporate purposes.— V. 65, p. 977.
Dividends First dividend of 15c. pershare was paid Jan. 1, 1901,
a nd same amount paid monthly to Nov. 1, 1901.
Gas & Ry.
Int. at Cal. 8. D.
i
j
)
.
:
:
STREET RAILWAYS.
railway system extends 16*3 miles with 2-Ha miles of
It covers the entire city and has valuable franohlses
running 50 years and giving praotical oontrol of transportation in the
oity. East Park and Oak Park are owned. Rails are combination 35
and 60 lbs.
Road— The
single track.
Latest EARNINQS-Eight months
Oro»s.
8 mos —
to Sept. 30:
Met.
$74,758
71,509
Balance.
$71,481
63,106
1900-01.
1899-1900.
1898-99.
Gross earnings
Operating expenses
$376,970
173,398
$333,819
158,923
$279,589
174,567
Netearnings
$203,572
$107,186
3,206
$174,894
$110,115
7,900
$105,022
1901
1900.".'.!!'.!".".
Earnings— For fiscal
camniimus
Bond
interest
PTOflt
and
$146,239
$275,205
134,615
246,828
year ending Jan. 31:
loss entries (net)
$93,180
Profit for fiscal year
Int.,
<6e.
street railroad oompanies in that city. Under authority
thus conferred, the following companies have been absorbed.
The oompanies absorbed and the amount of the stock of each which
was acquired are here given
Shares
Shares
Outissue.d.
acquired, standing.
Roads A bsorbed.
1,000
1,000
Badeu * St. Louis RR. Co
3,240
3,240
Brtnton-Bellefontaine Ry. Co
40,000
Cass Avenue A Fair Grounds Ry. Co... 40,000
10,000
9,997
3
Citizens' Railway Co
661
634
27
Clayton & Forest Park Railway Co
any other
I
.
Compton Heights Union Depot
—
& Mer-
chants* Terminal Railroad Co
Delniar Ave. A Clayton Railwav Co
Forest Park Lao. & Fourth St. Ry. Co..
—
Grand Avenue Railway Co
Avenue Railroad Co
Kings Highway Railroad Co
Lindell Railway Co
Midland Street Railway Co
Missouri Railroad Co
Mound City St. Ry. Co
National Railway Co
Northern entral Railway Co
St. Louis Clayton & C. C. Lake RR.
St. Louis County Street Ry. Co
St. Louis Cros* County RR. Co
St. Louis RR. Co
$56,879
Vice.-Pres., Alex. McCallum; Secy.
Albert Gallatin Jr.; Gen. Mgr., Albert Gallatin. Office, Glaus
Spreckels Bdg., San Francisoo.— V. 65, p. 278,977; V. 70, p. 631; V.
OFFICERS— Pres., Thos. Addison;
<
72, p. 581.
SAGINAW, MICH.
Population 1900 was 42,345; in 1890 was 46,322;
and in 1880 was 29,541.
RY.-Third-rail electric.
Organization.— Incorporated In 1900 to build an electric line from
Flint via Sauinaw to Bay City, a distance of 50 miles. Road is under
construction, and is expected to be completed in 1901.
Oulstand'g.
Maturity.
Interest.
STOCK and BONDS— Bale.
SAGINAW SUBURBAN
$500,000
Stock, $500,000 ($100)
Oct. 1, 1925
800,000
5 g. A-O
1st mortgage, $800,000 5 1900
o'l Int. at N. Y. Sec & Tr. Co., N. Y., Trustee.
($1,000), g
Bonds— "inking Fund.— 10 p. c. of net earnings is payable after
1903. Bonds cannot be called before maturity.
Officers-— President, George Silsby, Saginaw; Secretary, G.Veyne
Chandler; freasurer, T. C. Harnish —V. 7i, p. 288.
trolley road.
SAGINAW VALLEY TRACTICN-A
consolidation, per
as
Organization— Incorporated Jan.
p. 1111, of the Union
1899,
a
8treet Ry. and the 8aginaw Consolidated Street Ry. (both foreclosed Oct. 15, 1898), the Inter-Urban
By. and the Hamilton Street line. V. 68. p. 233.
Interest.
Outstanding. Maturity.
Date.
BONDS—
Stock
Common stock, $700,000,
7,
plan in V. 67,
&
par,$100
$700,000
Pref. stock, 5 p. o. cum., i
$400,000; par, $100; \
div. )
pref. as to assets
1st mort. $850,000 gold. )
400,000
&
c*
ST.
s
1899
Int. at
JOSEPH, MICH.
Population 1900 was 5,155; in 1890 was 4,826;
and in 1880 was 3,550.
BENTON HARBOR & ST. JOSEPH ELECTRIC RAILWAY & LIGHT.This is a consolidation of the St. Joseph A Benton St. Ry., the Benton Harbor A Eastern Springs Electric Ry. and the Benton Harbor A
St Joseph Electric Light Co. The new company enjoys all the street
railway and electric-ilght privileges in the cities of St. Joseph and
Benton Harbor.
Interest.
Outstanding.
Maturity.
Bonds— Dale.
STOCK
1st mtge., $200,000, > 1900
5g. M-S.
$200,000
Sept. 1, 1920
gold ($1.000)
J Int. at Am. Tr. & Sav. Bank, Chicago, Trustee.
Bonds— After 1910 $10,000 per annum is payable into a sinking
fund, but bonds cannot be called.
ROAD—Owns and operates lO 1^ miles of track in St. Joseph, Benton
Harbor and the Township of Benton under franchises which expire
from 1921 to 1929.
Net earnings 8 months 1900 $22,882; for year ending Deo. 31,
1899, gross railway and light earnings, $62,651; net, $23,517; int.,
$11,774; bah, $11,743. Pres.. W. Worth Bean; Sec. and Treas., W. H.
Hull; Supt., H. C. Mason.— V. 66, p. 1090; V. 71, p. 1268; V. 72, p. 86,
&
88, 282.
ST.
50
937
100
4,000
4,000
ST- JOSEPH
LIGHT HEAT &
33 miles of track.
POWER.—-Owns in RAILWAY
all
in 1895 to succeed to the property of
Joseph Traction A Lighting Company, sold in foreclosure Aug21, and purchased for the bondholders for $300,000. The new eo npany has an authorized capital stock of $3,500,000, of which $2,000,OoO is preferred, and assumes $100,000 Wyatt Park bonds 33 miles
track Stockholders voted June 24, 1901, to issue $3,500,000 4*2 per
cent 50-year bonds; up to Nov. 1, 1901, had not as yet been issued.
OFFICERS— President and Gen. Man., W. T. Van Brunt, St. Joseph.
Mo.; Secretary and Treas., Chas. C. Tegethoff, 120 H'way, New York
Organization— Incorporated
St.
;
City.-V. 61, p. 926.
UNITED RAILWAYS
COMPANY OF
p. HO).
120
467
1,000
19,387
1,000
19,309
7ft
....
30
....
310,468
Total....
5,000
12,000
30,000
200
114
310,354
the laws of Missouri the United Railways Company has
the power to purchase all the property and franchises of any other
street railway with which it connects, or intersects, on obtaining theapprova1 of two-thirds of the stockholders, ownership of the abovestocks has been followed by actual deeds of the propertie's of all of theabove companies, the final steps in the case of the St. Louis Traction
Co. being taken in June, 1901.
Co. and the St. Louis
railway of the United Railways Company
of
All
the
lines
Lease—
have been leased to the St. Louis Transit Co., which see.
Road.—The mileage of the oombined system is as follows
As under
RR
Miles.
Miles.
Missouri RR. System (elec). 26*61
Lindell Ry. System (elec.) *109-19
Union Dep'tRR.Sys. (elec). 75-50
Jefferson Ave. Ry. (electric). 6-79
Louis Traction Co.. (eleo.) 9-60
Southern Electric Ry. (eleo.) 21-68
National Ry. System (elec.) 81-47
Un. Rys. ( uewly constructed) 8-76
Total miles in operation,
St.
33960
all electric
In addition to which a large amount of additional mileage has been
authorized but not constructed.
*
Including county roads.
Date. Interest. Outstanding.
STOCK AND Bonds.—
Maturity.
Stock, com., $25,000,000
$17,261,300
S
5% CUm " ^°'"
14.694,200 gu 5% p. a.
000 'wo"
\
Gen. 1st' M.',"$45,00b",b0()) 1899 4g. J-J 28.292,000 July 1, 1934
($1,000) g. c.,* cannot be > Interest at St. L >uis Trust Co., Trustee;
called
) or at Brown Bros. &Co.. N Y.
Slock and Bonds— $5,305,800 preferred and $7,733,70) common
Of the
stock are reserved for future acquirements and betterments.
$45,000,000 gen. 1st mtge. bonds, $16,708,0"0 are unissued, $13,708,000 being reserved for the retirement of underlying liens and $3,000.000 are reserved for the sole purpose of retiring the bonds of the St.
Louis & Suburban in case its purchase should at any time be made.
The 4 per cent loan is secured by all the stocks of the conr- tituent
companies, and by direct mortgage lien upon their property and fran'
chises.
—
Lease Guaranty. The St. Louis Transit Co., besides leasing all the
lines of railway of the United Railways Co. of St. Louis, guarantees
the payment of interest upon all the new 4s as well as on the bonds of
the constituent companies, and also 5 per cent, payable quarterly,
upon the preferred stock of the United Company.
Exchange of Stock.— The St. Louis Transit Co. has exchanged
its
stock (172,613 shares) for the common stock of the United Railways
Company of St. Louis, share for sbare, in consideration of a payment
to it by the stockholders of the United Railways C«>. of $11 per share.
This furnished the Transit Co. a cash capital of $1,898,743 free from
all obligations except those under its lease.
BOND ISSUES OF CONSTITUENT COMPANIES.
Missouri System
Date. Interest.
Outstand'g.
Maturity.
S
l8t mt
-" S
1896
Mch. 1,1906
$700,000
%*'
—
M
$1 ,000,0<X>.
5M
\
-
Subject to call in 1901 at 105.
Lindell System—
L d
B
Stm
Aug. 1, 1911
5g- F-A $1,500,000
^l 500 000
cVkr^ 1891
lnterest payable in New York and St. Louis.
July 1, 1913
1,000,000
J-J
Louis Trust Co also in N. Y.
Taylor Ave. RR. 1st) 1893
July 1, 1913
6 g. J-J
500,000
mortgage, g
5 Interest at St. Louis Trust Co., St. Louis.
o*
s
6
g.
Int. at St.
;
Union Depot System—
Union Dep't RR. Jons
6 g. J-D
M. ($3,500,000) g... 1893
MeffersonAv. RR..M, 1895
5M-N
\
$400,000
FoBMEBxr Peoples' Ry. CoSouthern Elec. System—
3,500,000
June
1,
1918
277,000
Nov.
2,
1905
M
M
- N
May 1, 1904
Southern Eleo. 1st M....1884
6
164,000
- N
May 1, 1915
Consol. M. ($500,000)... 1889
336,000
6
April 1. 1916
Mort. of 1896, $200,- } 1896
200,000
5 g.
000 ($1,000), gold.cjlnt. pay'le at Louisville, Ky., and St. L., Mo.
National System Louis RR. 1st M.,> 1890
..
St. Louis 1st
mortgage, gold
Cass Avenue & Fair
Organization.— This was formerly the Central Traction Company,
a corporation chartered under the laws of Missom i, but name changed
to United Railways Company of St. Louis.
Has acquired all the
street car lines in operation in St. Louis with the exception of
the St. Louis A Suburban system. The combination was arranged
by a syndicate headed by Messrs. Brown Brothers A Co., New York.
See plan in V. 69, p. 231. The company on April 12, 1898, received a
fifty-year franchise from the City of St. Louis authorizing it to build
79k) miles of street railroad on several of the most important streets
of the city, and also giving permission to acquire by lease or purohase
467
6
..„
20
Baden A
ST.
99,994
2,000
22,986
5,250
25,000
2,000
5,000
10,000
cur. ($1.000 each)
MO.
20
100,000
2,000
22,986
5,250
25,000
2,00)
Co..
120
....
....
....
....
20
St.
Population 1900 was 575,238; in 1890 was 451,770;
AND in 1880 was 350,518.
20
Ry.Co
1st mort., gold
Population 1900 was 102,979; in 1890 was 52,324;
and in 1880 was 32,431.
LOUIS-rsee Map,
937
100
Southern Electric RR. Co., common.. .. 5,000
preferred... 10,000
do
do
Do
30
Southwestern Ry. Co
5,000
Taylor Avenue Railway Co
C6
12,003
Union Railroad
30,000
Union Depot Railroad Co
200
Vandeventer Avenue Railroad Co
gold, $1 000 "each
)
Comp'nH'.U.D.&M.'i\)1893
JOSEPH, MO.
ST. LOUIS,
10,000
50
LouisTraction Co., formerly People's
St.
F&A
705,000 Feb. 1,1924
5 g.
Boston Safe Dep. &Tr. Co., trustee.
Bonds—Of the 1st 5s $170,000 are reserved for extensions and
improvements.
Road— Owns and operates 40 miles of track, including line from
Saginaw to Bay City, and all electric railroads in Saginaw. The InterUrban line to Bay City includes 11 miles owned and three miles operated under contract; also 5 miles of private right of way and
bridge across the Saginaw River costing $60,000.
OFFICER^— President, Homer Loring, 64 Devonshire St., Boston,
Mass.; Treasurer, Frank D. Ewen; Secretary, Charles S. Smith; Executive Committee, Thomas A. Harvey, Chairman; Geo. B. Morley and
Gilbert M. Stark, all of Saginaw, Mich. V. 67, p. 1111; V. 68, p. 233.
$1,000 each
10,000
Jefferson
& Treas.,
the
79
Grounds
1st M.,$2,-
000,000,
g.,
$1,000,
sink, fund,, guar. p.
&i. (Nat. Ry.)....c*
S
)
5
M-N
1,948,000
Subject to call
May
May
250,000 July
1893
5g. J-J
Subject to call after July 1, 1893.
1,
1,
1,
1910
1900
1913
'
1,813,000 July 1, 1912
5g. J-J
Subject to call at 102 on any July 1 after 1893.
Interest at No. Trust Co., trustee, Chicago.
1892
July 1, 1907
1,500,000
6 J-J
Interest at St. Louis Trust Co., St. Louis; also
at Amer. Exch. Nat. Bank, N. Y. City,
Trustees are Chas. Parsons an X Thos. E. Tutt.
1887
Citizens' Ry.lstmort.
gold ($2,000,000)
$13,688,000
Total
*
Owned
companies.
Jointly
by Missouri, Lindell, Union Depot and National
80
STREET RAILWAYS.
J
:
STREET RAILWAYS.
Dividend*-- First div. of 1H v-O.on pref. Apiil 10,1900;
Oct., 1>4 P- c; in 1901, 5 p. o.
July.lkp.o.;
Offic c RS-— President, Murray Oarleton ; Vice- President. Corwin H.
Spencer;" See. & Treas., James Arikin*; Auditor, Frank R.Henry. Directors, Murray CnrletoD, Patrick Calhoun, C. D. McLure, Edward
Uuaue. Corwin
Whitaker, Albert H. Bauer, W. H. Thompson, Jas.
M
H.
38
1104;
71, p. 31, 85,343, 1270; V. 72, p. 284; V. 73, p. 33.
ST.
LOUIS TRANSIT COMPANY-
Organization—This company was formed under the laws of Missouri, and has leased all the lines of the United Railways Company of St Louis. By St. Louis City ordinance, approved March 20,
1899, wa* given power to acquire, lease and operate until March 18,
1939, any of the lines which will be acquired under the proposed plan
by the United Railways Company.
Stock has been increased to $20,000,000 and is all to be exchanged,
share for share, for the common stock of the United Railways Co., upon
payment bv the stockholders of the latter of $11 er share in cash;
$17,261,300 had been so exchanged up to Nov 1,1.901. Compauv guarantees the payment of interest upon all the bonds of the United
Railways Co of St. Louis and its constituent companies and also 5
per cent upon its preferred stook.
LATEST Earnings— For nine months to Sept. 30, 1901, gross, $4,301,893, against $3,087,763 in the nine months of 1900.
REPORT.— The following shows the results for the calendar year
1900. During May, June, July and August, 1900, the company suffered from a strike of its employes, and as a result earnings were
heavily reduced while expenses were increased. It is estimated that
except for the strike the year's deficit would have been only $31,932.
Including
St. Louis RR
St. Louis
and St Louis
Transit Co.
Traction Oo*
Calendar Tear If 00—
$4,4^2,991
$3,906,526
Gross earnings
3,136,129
3,646.488
•Operating expenses and taxes
( 1 )
$772 397
$816,503
82,892
6,216
Total income
Deductions from Income
$855,289
228 102
$822,719
252,606
Netincome
$627,187
$570,113
Fixed charges (incl. div. on pref stock of
2,219,055
United Railways)
2,264,506
$1,591,868
$1,694,393
.
Deficit
'Includes St. Louis Transit Co.'s proportion of these roads.
OFFICERS— President, Murray Carleton; Vice-Pres., Corwin H. Spencer; 2d Vice-Pres., A. B. duPont; Sec and Treas., James Adkins; Auditor, Frank R. Henry.— V. 69, p. 231, 696; V. 71, p. 1270; V. 72, p.284,
1136.
ST LOUIS AND BELLEVILLE TRACTION-
A trolley road.
Organization— In January, 1900, parties owning the
St.
Louis
&
Belleville Electric Ry. and the Belleville Electric Ry. purchased the
St. Louis Belleville & Suburban Ry. and consolidated the three comBelleville Traction. The new companies, forming the 8t. Louis
pany owns all the lines in Belleville and two double-track roads from
East 8t Louis to Belleville, one of them on private right of way.
In July, 1901, acquired the property and franchises of the Mississippi Valley Transit Co., which had projeoted a line from East St.
Louis to Belleville, 111.
Date.
Interest.
Outstand'g. Maturity.
STOCK and Bonds—
&
$1,500,000
8t0ck, $1,500,000 ($100)
1899
5 g. M-S
1,000,000 8ept. 1,1919
1st mort., $1,250,000)
Int. at Am. Tr.A Savings Bk., Chic, Trustee.
o*. $
g. ($1,000)
Bonds may be called in 1909, at 105, when sinking fund of 7 per
cent per annum begins. The balance unissued is reserved for future
extensions.
Road— Owns 6 miles in City of Bellville; 42 miles from East St.
Louis to Belleville, and leases 6 miles of single track in East St. Louis;
total operated 54 miles.
Officers President, George J. Kobusch; Vice-President, f"has. M.
Clark; Secretary, Z. W. Tucker; General Manager, John Bramlett.
Office, Belleville, 111— V. 73, p. 83
—
LOUIS & EAST
LOUIS ELEC- RY-
ST.
ORGANIZATION—Chartered in July, 1889. In Nov., 1901, it was reported that control of road had changed hands and that a new company was to be organized, with $500,000 stock and $450,000 5% bonds.
Date. Interest. Outstanding. Maturity.
STOCK & BONDSStock
1890
1st M. currency
6
J-
$250,000
75,000
Jan.
1,
1905
Interest payable at office of the mortgage trustee, St. Louis Trust Co.
Road 2 miles of track on 1 mile of road. Cars cross Eads Bridge.—
V. 73, p. 1011.
—
ST.
LOUIS & SUBURBAN RY.-A trolley road.
ORGANIZATION—Dacorporated Sept. 11, 1884. This company is a reorganization of the St. Louis Cable & Western Ry Co., which it bought
In at the foreclosure sale of the tatter's property June 10, 1890.
In July, 1897, secured control of the St. Louis & Kirkwood RR.
Date. Interest.
Outstanding. Maturity, etc.
STOCK
BONDS—
Stock ($100)
$2,500,000
St. L. Cable & Western?
1884 6 M. - N.
600,000
1914
Ry IstM
5 Interest at Farmers' Loan & Tr. Co., N. Y. city.
8t. Louis & Suburban )
1891 5 g. F. - A.
1,400,000
Feb. 1, 1921
lstM.($2,000,000)g. \ Interest payable in Boston by the trustee, the
$1,000
American Loan & Tr. Co.
>
1891
5 Feb
Feb. 1,1921
300,000
Inoomee bonds
I
8
°
$ Interest at American Loan & Tr. Co., Boston.
On Jan. 25, 1899, the stockholders voted to increase the capital
stock $500,000 to $3,000,0('0; also to issue $500,000 additional bonds.
Mississippi Valley Trust Co.. St. Louis, Trustee.
At latest date
these bonds had not been floated.
Road— Operates about 40 miles of track.
Operations— Following is the number of passengers carried during
each quarter of the calendar years
* 8t S" ar
s d auar.
3d quar.
4th quar. Tot.for year.
1901... 3,488,428
4,005,693
4,021,925
.... ...
.......
1900... 2,905,941
5,179,373
4.929,299
3,798.405
16,812,998
1899... 2,727,241
3,244,924
3,243,173
3,305,674 12,520,912
1898... 2,673,149
3,070,129
2,952,439
3,042,831
11,738,548
OFFICERS— President, C. H. Turner; Vice-Pres't, S. M. Kennard; Seo.
and Treas., T. C. Kimber; Gen'l Mgr. Thos. M. Jenkins.
&
-
-
«&
MERAMEC RIVER RR.—
;
(2) ST.
LOUIS & KIRKWOOD RR.— A
Organization— Completed March
l,
1896
trolley road.
Connects at Forest
.
Park
In July, 1897, St. Louis & Suburban Ry. obThe Suburban road connects with it at Kirkwood and
with Lindell Railway.
tained control.
uses its tracks for about 4 miles.
Date.
Interest. Outstand'j.
Maturity.
BONDSSTOCK
$300,000
8tock (par, $100)
NoneNov.1,'01
New 1st mort., $350,000. 1898
New mortgage, $350,000, was authorized to replace 1st mortgage,
$300,000.
Road— Owns lO 1^ miles track in St. Louis County (none in the city).
-V.64, p. 331.
&
LAKE
SALT
Population 900
and
CITY,
53,531 in 1890
1
was
in 1880
UTAH.
was
44,843,
20,768.
CONSOLIDATED RY. & POWER CO.-A trolley
road.
Organization— Incorporated in 1901 in Utah to take over and conLake City RR. (chartered Jan. 19, 1872); the Salt
Lake Rapid Transit <o the East Bend Street Ry. and the Popperton
Place & Ft. Douglas Rapid Transit.
Interest.
Date.
Outstanding. Maturity.
STOCK & BONDS—
solidate the Salt
;
Stock, $4,000,000 ($100)
$4,000,000
Salt Lake City 1st M., )
^§93
6 g J-J
840.000
Jan. 1, 1913
gold ($1,000)
s. f.,
Guarantee Trust Co., trustee.
c*
($1,500,000)
6 F-A
500,000
Salt Lake City 2d M., J 1901
Feb. 1, 1905
S. and C. K. McConnack, trustees.
$500,000 ($l,0O0)...
<
315,000
Salt Lake Rapid TranFeb. 1,1910
fiWA
?1890
*' A I
108,000
sit
1-t mortgage,
July 1 1903
Am.
L. & Tr. Co Boston, trustee.
$500,000 ($100)
> Int at
Bonds Entire issue of Salt Lake City 1st mort. bonds subject to call
Jan. 1, 1903, or any Jan. 1 thereaftei; from Jan. 1, 1904, to Jan. 1,
1913, one-tenth must be paid yearly; bonds to be called and paid in
numerical order.
Under terms of the mortgage, bonds may be issued for extension of
and additions to the mortgaged property at rate of not more than 70
per cent of the cost of such addition and extensions, and the bonds at
any time issued shall not exceed $20,000 per mile for each mile of road
constructed, equipped and in operation. After debt reaches $1,000,000
no bonds can be issued unless the net earnings for preceding 12
months are sufficient to pay 12 per cent o n all bonds outstanding and
12 per cent on the bonds proposed to be issued.
ROAD—The Consolidated Company will own and operate 72*83 miles
of track, including double tract, sidings, etc
OFFICERS— President, C. L. Rood Vice-President, W. P. Read; Secretary and Treas., Joseph S. Wells; Supt. and Purch. Agt., W. P. Read.
V. 72, p. 1239, 1280; V. 73, p. 33, 185, 338.
(Wm
,
,
—
;
—
WEST
SIDE RAPID TRANSIT-An
electric
and
steam road. Operates 12 miles of track. Stock, $300,000. President,
L. L. Nunn; Sec. and Treas.. A. M. Wrench.
SAN ANTONIO, TEX.
Population 1900 was 53,321; in 1890 was 37,673,
and in 1880 was 20,550.
SOUTHERN LIGHT & TRACTION
CO--
The American Light & Traction Co. has absorbed the Southern Light
& Traction by the purchase of a very large controlling interest in the
stock.
ST.
LOUIS
Entire issue of stock (4*2,000.000) is held in tho treasury of the St.
Louis & suburban, which company also guarantees the bonds.
Organization— Organized in 1894, and in 1896 obtained all the
rights and franchises of the Manchester Road Electric Ry.
Interest. Outstand'g.
Date.
Maturity.
Stock and Bonds—
Stock. $2,000,000
See text
1896 6g. M-N $1,000,000 May 8, 1916
1st M., $1,000,000, gold
($1,000), guar, p.&i., by Interest at Mississippi Valley Trust Company, St. Louis, trustee.
St. L. & Sub., end....c*
None Nov. 1,1901
Consol. M., $2,000,000... 1898
(1)
(!)
In 1898 stock Increased to $2,000,000 (from $1,000,000), and an additional issue of $1,000,000 bonds authorized for extensions, etc
Road—Trolley from Sarah St., on St. Louis & Suburban, to Jackson
Road, 10-96 miles extension 3 miles to St. L. & Kirkwood tracks over
Rails, 73-lb. girder and 60-lb
which cars run to Merameo Highlands.
T\ The St. Louis & Suburban furnishes power and carries the
oountry passengers 3>a miles over its own road to down-town
terminus of other lines President, C. H. Turner.
c
Net earnings
Other income
ST.
81
V. 73, p. 235.
Organization— Incorporated in 1899 as a consolidation of the San
Antonio Taction Co. and the San Antonio Gas & Electric Co. The
Traction Co. is a consolidation of the San Antonio Street Ry. Co. and
the San Antonio Edison Co. The Gas & Electric Co., in turn, is a consolidation of the San Antonio Gas Co. and the Mutual Electric Light
Co., and does the entire gas and electric business 01 the city. These
properties were financed by Emerson McMillin & Co., New York, [n
1901 acquired by put ohase the Alamo Heights RR. and liquidated It;
also acquired the West Side Electric St. Ry., and now own and oper1
ate all the street railways in the city.
Date.
Interest.
Bonds—
STOCK
&
Outstanding.
Stock $2,500,000 ($100)
Col. Trust $2,500,000, g.,
Maturity.
Ma
^%
'
$1 ,762,500 £
) 1899
5 g. M-S
1,900,000 Sep.l, 1949
($1,000); no s. f.. .. c* S Int. at Continental Tr. Co., N. Y., Trustee.
Bonds— The bonds are secured by deposit with the Continental
Trust Co. of New York of all the stock and all the bonds (the latter
$750,000) of the San Antonio Traction Co. and the San Antonio Gas
& Electric Co., and are redeemable at 105 upon six months' notice.
was paid
DIVIDENDS—The first semi-annual dividend of l 1^ p.
May 20, 1900; also Ha p. c. Nov. 20; in 1901, May, Us p c; Nov. dividend passed.
ROAD Owns and operates 40 miles of track in City of San Antonio.
Latest Earnings— Of the combined properties from Apr. 1 to Sept.
30, 1901, net was *92,980, against $71,983 in 1900.
REPORT— Net after deducting taxes, etc., for year ending March 31,
1901, $161,517; interest, $80,107. In 1900, net $155,560; interest
$74,222.
OFFICERS— President, Emerson McMillin; Secretary, W. F. Douthirt,
40 Wall St., New York; Treas.. <:. T. Scoville.— V. 7 0, p. 740, 793, 895;
V. 72, p. 723; V. 73, p. 237, 1012.
—
SAN DIEGO, CAL.
1890 was
Population in 1900 was 17,700;
and in 1880 was
in
2,637.
16,159;
SAN DIEGO ELECTRIC RY-A trolley road.
Organization, Etc— Began operation in 1891, and in March, 1898,
purchased Citizens' Traction Co. at foreclosure sale. Owns 18 miles
of track. Stock auth., $500,000. President, A. B. Spreckels, 8an Francisco, Cal.; Vice-Pres., E. S. Babcook; Sec. and Treas., J. A. Flint.
)
STREET RAILWAYS.
82
SANFORD, ME.
PorCLATios 1900 was 6.078;
AMD IN 1^80 was
SANFORD
&
Road— Owns
1S90 was 4,201;
in
J. L. Blaokwell: Vice-President, Geo. R.Webb,.
General Manager, S. W. Huff; Secretary an i Treas., G. R.
Starr, Baltimore— V. 62. p. 684; V.72, p. 723, 873; V. 73, p. 139.
Baltimore
CAPE PORPOISE RR-A
trolley
Organization— Connects Sanford, Alfred, Lyman, Keunebunk, West
Kenuetmuk and Kennebuukport, Me, with the terminal at Cape
Porp
&
Outstanding. Maturity
Interest.
Date.
BONDS--
$250,000
..
250.000
1929
5 k.
mortgage, $250,000, 1 ltW>
Morton Trust Co., N. Y., Trustee.
$1 .000, gold
I
Bonds are guaranteed for tirst tlve years:
ROAD— Road between Sanford and Kennebuuk, opened August 19,
anil completed to Cape Porpoise, « miles further, on Sept. 1 1899;
lotal. 25 miles: laid with 00 lb. T rails; standard guage, and operating
16 passenger
Earnings- For year ending June 30, 1901, gross, $64,093; net,
$17,525.
OFFICERS— Pres. and Gen. Man..Ernest M. Goodall; Vice- Pres., Frank
Hopewell; Treasurer, Louis B. Goodall; Superintendent, I. L. Meloon.
Stock. $250,000 i*100>
1st
— V.
68. p. 332; V. 69, p. 492.
SAN FRANCISCO, CAL.
1915
1,
PARK & OCEAN RR.GEARY STREET
Incorporated Nov.
1878. Annual meeting
Outstanding.
fffliSffi?'
\
*" text.
1891 5g A - O
$671,000 Oct. 1, 1921
in 50 cents per share. In 1895, 6 dividends
•68
road.,
Total
owned
12-18
in fee
1
)
F.
SUTRO RAILROAD CO.—A trolley road.
Organization —Incorporated to build and operate a road on Central
Ave., etc. to the Cliff, with a branch line to the Park on 8th Avenue.
In Oct., 1899, the Sutter Street Ry. purchased the interest ot the Sutroestate ($213,100 of the $243,100 stock outstanding) and thus obtains
control of the road.— V. 69, p. 907.
In June, 1900, stockholders were
assessed $1 oO per share.
STOCK—
Par.
Authorised.
Outstanding.
$10
8tock
Road.— Five miles long
(9-9
$400,000
$231,080
miles track), was opened Jan. 27, 1896.
SAVANNAH
GA.
Population 1900 was 54,244; in 1890 was 43,189;
AND IN 1880 was 30,709.
CITY &
RR.—A steam and trolley road.
Organization— Incorporated in April, 1882. Controlled in same
Interest as and operated by 8. T. & I. of H.
SUBURBAN
Stock
&
BONDS—
Date.
Interest.
Stook (par $100)
Outstanding.
$50,000
Maturity.
1882
6 M-N
200,000
Jan. 1, 1902
1883
6 Q-F
1903
50,000
In Nov., 18j7, bondholders agreed to reduce interest on their
bonds from 7 to 6 per cent, in return their lien being extended to cover
the entire property of City & Suburban, including extensions and
electrical equipment and $250,000 of the new S. T. & Isle of H. 4s.
First mortgage trustee, T. M. Cunningham.
Interest payable at Savannah Bank & Trust Co.
Road— Operated 21 miles of track.
OFFICERS— President, James H. Johnston; Vice-President, Henry.
Parsons; Sec'y, E. J. Thomas; Treas., E. J. Thomas, Jr.— V. 64, p. 75a.
1st mortgage (old 7s)
2d mortgage (ol 7s)...
.
OFFICERS— President, H. E. Huntington; Vice-President, Adam
Grant; Secretary and General Manager, Geo. B. Willcutt; Treasurer,
N.T.Smith. Man. Purchases and Supplies, R. P. Schwerin. Office,
Co. Express Building, San Francisco.
W. F.
«fe
STREET RAILWAYMARKET
represented by Geo. R. Webb,
1901, the Baltimore
syndicate,
In Nov
Baltimore, R. G. Han ford and Attorney-General T. L. Ford of San
Francisco, which lately purchased the San Francisco & San Mateo
ElectTic Ry., the Sutro RR. Co. and the Sutter Street Ry., also
acquired control of thi? company through the purchase of a majority
of the capital stock. An early consolidation of the various properties
is looked for. V. 73, p. 393, 1011.
ORGANIZATION Formed by consolidation of a number of companies,
Including those whose bonds are in the table below. The Metropolitan Ry. has also been merged. (See V. 61, p. 750.)
Outstanding.
Maturity.
Date. Interest.
Bonds—
Stock
Q-J
$18,617,000 Oct.,1901,60o.
Stock (par $100)
Market St. Cable Ry., 1st 1883 6g. J-J
Jan.l, 1913
3,000,000
M., $1,000 gold.
?!
IstM
6
2,000,000
Anr.2,
1918
Co.
1888
Cable
Omnibus
Jan. 1, 1913
350,000
Park & Cliff House IstM 1887 6 J -J
,
—
&
Powell Street 1st
M
Ocean
1887
1884
1889
1st M...
Ferries A Cliff H. 1st
Market 8tP. Ry. consol..
&,
M
A-O
6M-S
6 J -J
6M-S
Mar. 1,1912
1, 1914
Mar. 1,1914
700,000
250,000
650,000
Jan.
5,124,000
Sept.1,1924
5g. M-S
M. for* 17, 500,000 g 1894
is payable at Treasurer's office, San Francisco.
Bands.— The remainder of consols is reserved to retire underlying
liens and to provide for extensions and betterments.
Dividends of 60 cents per share are paid quarterly.
Road Company on Deo. 31, 1900, owned track as follows:
Miles.
Miles.
Roads owned in fee
Roads owned in fee
1 1*80
Main line Abrchs. (hor-e)... 411 Main line <fe brchs. (steam)
Interest
—
—
SAVANNAH THUNDERBOLT
road.
HOPE R Y —A
.
17814
Total single track
Rails 37 to 85 lbs. to yard.
31, 1900, gross, $3,943,323; net,
$1,548,955 taxes, interest and sinking fund, $1,041,029 dividends,
$446,808; balance, surplus, 961,118. In 1899, gross, $3,674,127
OFFICERS— President, II. B. Huntington; Vice-President. Charles
EARNINGS-For year ending Dec
;
;
Holbrook; 2d Vic<--l'resldent, A. Hayward: Secretary and ControlGeo. B. Willcutt; Treasurer, N. T. Smith; Man. Purchases and
Office. San Francisco, Cal.— V. 61, p. 750;
Bunpli'H, K. P. Schwerin.
V. 71. p. 82; V. 73, p. 391, 616, 1011.
ler,
PRESIDIO & FERRIES RAILROAD-
;
SCHENECTADY,
M&N
1st mort., $250,000
Road— Operates
11,
1 1
^
6
miles of road
2 miles; total track,
$55 paid in.
$150,000
M follows:
miles.
Cable,
Maturity.
SCHENECTADY RAI LW A Y-A trolley road.
Organization— A reorganization on Feb. 11, 1895, of the Schenectady Street Railway Co., which was chartered in 1886. Controls the
entire street railway and eleotrio light business in Schenectady and
suburbs Stock is all owned by the General Electric Co
In Jan., 1901, authotized an increase in its capital stock from $300,000 to $600,0()0,to provide f >r extensions and betteiments.— V. 72, p.
242. Owns the entire stock of the Schenectady Illuminating Co.,
which is deposited as additional security for the bonds of 1901. Franchises unlimited
Date.
Interest.
Outstand'g.
Maturity.
Bonds—
Stock
$300,000
Stock (f 600,000), $100.
1901 4i« g.
Sept. 1, 1941
8
900,000
New 1st mort., gold, Int.
at Mercantile Trust Co. N. Y., Trusteee.
$2,000,000, $i.ooo.c*; May be red. after Sept. 1. 1911, at 110 & int.
Jan. 1, 1925
5g. J-J
300,000
1st M., $300,000, gold, \ 1895
c*rInterest at Merc. Trust Co., N. Y., trustee.
$1,000
Road—Total track owned and operated 41 miles, including extension to Albany of 12 mde^ (double track), completed in Sept., 1901.
Line to Troy under construction.
Latest Earnings— Fiscal year ending June 30:
Net.
Olh. inc. Int., tax., etc. Bal.sur.
Oross.
Tear
$94,711
$36,473
$42,883
*$21,331
$21,583
1900-1901
11,186df. 750
20,215
60,886
32,154
18991900.
* After writing off $36,442.
OFFICERS' President, HinsdillParoons; Vice-President and Manager,.
Secretary- Treasurer, J as O. Carr, all of Schenectady.—
R. H. Fraser
1
J
1911
7^ miles; horse,
lHa
Dividends of 10 cents per share are paid monthly.
ry, John B. Leighton.
Officers— President, Q. A. tfewball;
Omce, corner Union and Sharp Street*, Ban
-
1
N. Y.
POPULATION 1900 was 31,682; in 1890 was 19,857;
and in 1880 was 13,655.
&
ORQANIZATION—Chartered Jan. 6, 1882.
Date. Interest.
Outstanding,
STOCK & BONDS—
5 10,000 shares.
i,™.
Stock (par, $100)
[
OF
;
—
(trolley) .117-94
(cable)... 4429
do.
do.
& ISLE
trolley
Organization— On May 29, 1897, the property of the Savannah
Traction was conveyed to this company without foreclosure. The
Traction was formed in January, 1897, as successor to the Savannah Electric Ry. sold in foreclosure Jan. 5, 1897 (V. 64, p. 85).
The S. T. & I. of H. is controlled by George Parsons of New York,
who also controls the City & Suburban.
The property of the Suburban & West End Ry., sold at foreclosure
August 1, 1899, was bought in the interest of this oompany.
Date.
Interest. Oulstand'g.
Maturity.
8tock
$1,000,000
1st mortgage, $1,250,000, ) 1897 4 cur., Q.-J. $1,250,000 J'ly 1,1947
gold, $1,000
Trustee, Central Trust, N. Y.
o*i
Bonds of 1897 were issued in payment of the acquired property
Road— Operates 19 miles of track.
OFFICERS— President, George Parsons; Vice-President, J. H. Fall.
Treasurer, Edward J. Thomas, Jr
Secretary, Edward J. Thomas, Sr.
-V. 64, p. 85, 182, 755, 1089 V. 65, p. 152, 621, 926; V. 69, p. 334.
. .
do.
do.
in
Miles.
Horse
Morrow; Vice-President, J. L. Sohmltt;.
Secretary, A. K. Stevens; Treasurer, M. Schmltt. all of San Francisco.
-V. 69, p. 907; V. 73, p 739.
Maturity.
rails.
2
k%
'
first
Of 50 cents paid;" in 1896, 5 dividends; in 1897, 3 dividends; in 1898,
6 dividends: in 1899, 6 dividends; in 1900. 6 dividends; in 1901, Feb.,
50c; April, 50c; June, 50c; Aug., 50c; Oct., 50c
Road— Owns 4 miles of double-track cable road laid with 72-lb. steel
Park
,
Miles.
OFFICERS— President, R.
(
'
OFFICERS— President. J. B. Stetson; Vice-President, J. Henry Meyer!
Secretary, W. E. Griffith; Treasurer, A. Borel&Co.; Supt., J. W. HarOffice, San Francisco. Cal.
ris.
Dividends— Payments are
£$
8
K.
Monthly. \
}
Stock (par. $100)
J|? J a
Jan.
1890 5g. J - J
$900,000
1st mortgage, gold....
Di vidends have been 50 cents monthly.
Road— Operates 11 Smiles of track on 5*2 miles of street.
Block, par $100,
1st M., $750,000, gold....
&
-
Organization—Chartered Feb. 8, 1877. Annual meeting the second
Wednesday in July.
Outstanding.
Maturity.
Dale. Interest.
STOCK & BONDS—
5,
Organization—
Wednesday after second Tuesday in April.
Date. Interest.
STOCK & BONDS—
SUTTER STREET R AI LAV A Y-A
cable road.
This road was purchased in Aiur., 1901, by the Baltimore syndicate.
which has also seoured control of the Market St. Ry and other San
Francisco roads.
Organization— Chartered Deo. 22. 1887.
In October, 1899, purohased the interest of the Sutro estate ($213,100 stock out of $243,100) in the Sutro Railroad Co., paying $215,000,
which inoluded a depot site.— V. 69, p. 907.
Last Div.,etc.
STOCK
BONDS— Date. Interest. Outstanding.
Stock (par, $100)
Q-M 1 5 \ $2
Sept. /*,'01 ,1
\
J ft.
IstM., g., $1,000 each 1888 5 M-N
$1,000,000
May 1, 1918
Trustee is California Tiile, Ins. & Trust Co. of San Francisco.
Subject to call at par $50,000 yearly, beginning May 1, 1908. If so
ordered by the company's directors, Nos. 1 to 50 to be called first,
and the others in the order of their numbers.
Dividends: Iu 1893, 5 p. c; in 1894, 5 p. c; ir; 1895, 4 p. c; in 1896,
4 p. c; in 1897, 5 p. c; in 1898, 5 p. c; in 1899, 5 p. c; in 1900,
5 p. c. In 1901, March, 1*4 P c; July, 1^ p. 0.; Sept.. l\ p. c.
Road—
CALIFORNIA STREET CABLE8
;
Cable road (iron and cement) 5-75
do
second track
5 75
Rails 43 lb. T.
Cars, 50
Population 1900 was 342,782; in 1890 was 298,997;
and in 1880 was 233,959.
1
Sinoe 1897 has been entirely
Officers— President,
2.734.
ro.ut
STOCK
23 miles of trolley track.
rebuilt.
I
SAN FRANCISCO & SAN MATEO ELECTRIC RAILWAY— A trolley road.
In April. 1901. this property was purchased by a Baltimore syndicate (nee Market Street Ry. above).
Organization, Etc.- Successor in May, 1896, to 8. F <fe San M. Ry.,
noid in loreclosure. Capital stock $1,000,000. No bonds.
Earnings— Fiscal year 1901: Gross, $251,518, agst. $224,427 in 1900.
M
;
V. 00, p. 303; V. 63. p. 71 «; V.65.p.233; V. 67, p. 321; V. 71, p. 544;
V. 72, p. 242; V. 73, p. 338, 445, 495, 554, 1011.
.
;
:
STREET RAILWAYS.
SCRANTON, PA.
(8)
RAPID TRANSIT-
Orqanization— Incorporated under laws of New Jersey in Oct..
1900, to onild an electric road from Carbondale southwest about 35
miles', via Seranton and Pittston, to Wilkesbarre. The authorized capital stock was $2,8^0,000, but in May, 19o1 was increased to $5,000,000, and again increased in July, 1901, to $6,500,000.
Interest. Outstanding. Maturity.
Date.
STOCK and BONDS—
$6,500,000
Stock. $0,500 000 ($100)
See text. Aug. 1, 1951
5 g. F A
Col. trust in tee. $1,000),) 1901
Int at Standard Trust i o., N. Y., Trustee.
$
gold, $2,500,000
Bonds— Up to Nov. 1, 1901, none of the collateral trust mortjgag 6
,
bonds had been issued.
Nov., 1901, the road was well under construction, being
70 miles track. Roadbed between Seranton ana
had been ptactically completed.
OFFICERS-Presidtnt, Wi'ltam Conneli, Seranton; Vice-Pres., T. B.
Simpson, Oil City; Treasurer. H. J. Conant, New York; Secretary, S.
B. Ketcham, Philadelphia.
DIRECTORS— M- S. Quay, William CoDnell, C. C. Mattes and T. F.
Penman of Serautoi.; T. B. Simpson, George Lewis, Joseph Seep, Oil
City; Dr. G C. Mohn. Laurelton; Dudley Phelps, New York.— V. 71,
p. 13; V. 72, p. 872, 988; V. 73, p. 184.
Road— In
laid with 90-lb. rail.
Pittston of 10 miles
trolley road.
SCRANTON RAILWAY-A
assumed
the assets and
Organization— On
all
liabiliJan. 1, 1897,
ties of the Seranton Traction Co., etc— V. 63, p. 1064 V. 64, p. 85.
The company owns all the stock of the Carbondale Ry. and practically all of the stock of the Seranton & Pittston Traction and the
Seranton & Carbondale Traction; also the entire issue of the new Carbondale Ry. mortgage ($300,000).
Maturity.
Par. Date. Interest. Outstand'g.
BONDS
STOCK
$3,000,000 Sept.,1900,1%
Stock ($6,000,000).. $50
Seranton Trao. 1st 1,000 1892 6g.M-N 1,000,000
Nov. 1, 1932
M.,
$1,000,000, Interest x at E. W. Clark & Co., Philadelphia.
option.
gold.no
100,000
May 1, 1920
Scran. Pas. Ry. 1st M. 1,000 1890 6 M-N
200,000
1909
Seranton Sub. 1st ) 500&C 1890 6g.M-N
M., g.,gu.,p.4i.o* ] Trustee, Farmers' L. & T. Co», N. Y.
200,000
Aug. 1, 1918
Peop'sSt.Ry.lstM.g.1,000 1888 6g. F-A
100.000
Dec. 1, 1921
gen. M., gold .... 1891 6g. J-D
Do
900,000
Nov. 1, 1932
Seranton Ry.M., $2,500,-) 1897 5g. J-J
c*S Trustee, Continental Trust, N. Y. City.
000, gold ($1,000)
$500,000
Nov. 1, 1932
Seranton Ry. gold col.) 1900 5g. J-J
trust $500,000 ($1,000, > Prov. Life & Trust Co., Phila., trustee.
$500)o*
) Int. (x) at office in Seranton, or ag'cy. Phila.
;
—
&
C
'
.
.
x Free of United States and Pennsylvania State taxes.
Bonds— Of the $2,500,000 Seranton Ry. mortgage 5s of 1897. $1,600.000 are reserved to retire prior bonds at maturity, and $150,000,
In Jan.. 1901, were held by the company. The collateral trust
bonds can be called at any time at 105 and interest on 30 days'
notice furthermore the right is reserved to call in and exchange the
bonds at anytime before maturity for bonds bearing the same rate of
Interest "which may be issued by a consolidated street railway company controlling by consolidation or lease the street railway lines
represented by the securities pledged." The securities pledged consist of all the stock ($450,0> 0) and the entire issue ($300,000) of the
Carbondale railway Co. mortgage of 190f also $498,700 out of the
;
;
$500,O' O stock of the Seranton <fe Carbondale Traction Co.; $943,775
out of the $976,125 stock ot the Seranton & Pittston Traction Co.;
likewise $60,000 out of the *355 .500 bonds of the latter.
Dividends—The tirst dividend of 1 p. c. was paid Sept. 1, 1900.
Road Owns and operates all the street roads in and around city of
Seranton, having an aggregate mileage as follows
Miles. Lackawanna Val. Trac
3-94
Owned
—
—
38'10 Carbondale Railway
15'25
Seranton Railway
Miles. Pittston & Seranton St. Ry.
203
Leased
12-44
Seranton & Pittston
Total
4
92
system
7668
Seranton & Carbondale
REPORT— The following (for years ending June 30) covers the operations of all leased lines for May and June, 1900, only; for periods
before that results include the Seranton Ry. alone.
Grotts
1900
1899
Taxes.
Net.
$224,066
198,240
Latest Earnings*— 2 mos., ) 1901
July 1 to Aug. 31.
$ 1900
$464,807
393,566
& Carb.,
$13,700
11,000
&
Interest.
Sept., 1893,
and on
trolley road.
Oct. 5, 1893, leased
50 years to Seranton Railway Company; has since been
purchased by the Seranton Railway Company. The Pittston
for
WYOMING VALLEY
&
SCRANTON & PITTSTON TRACTION.-A
Organization— Chartered
Population 1900 was 102,020; in 1890 was 75,215;
and IN 1880 was 45,850.
LACKAWANNA
83
Bol., Sur.
$140,523
127,579
$69,843
59,661
Gross, $127,958; net, $62,318
Gross, 116,843; net, 55,506
Pitts, Carb. Tr. aadCarb. Ry.
Company owns
the entire capital stock of the Lackawanna Street
& Avoca Street Railway, and a
majority of the capital stock of the Pittston Suburban Passenger
Railway, operating their properties under lease.
Maturity.
Bonds— Miles. Date. Interest. Outstand'g
STOCK
$976,125
Stock (par $100)
*355,500 Oct. 1, 1923
Mort. $525,000, g., ( 15
1893 6g. A-O
$1,000 <fe $500 c* \ Interest (x) at Union Trust (Trustee), Phila. Nos.
gu. by Scran. Tr. (
1 to 400 $1,000 each and Nos. 401 to 650 $500.
Railway and the Pittston Jenkins
&
x Both principal and interest are payable free from all United States
and State of Pennsylvania taxes.
* OT the bonds outsianding $295,500 are guaranteed by the Seranton Ry,
Road— Owns and operates 12^ miles of track, uniting Seranton
with Greenwood, Moosio.Taylorville, Avoca, Pittston and Readham.
Earnings— Earnings are now included in Seranton Ry.
.
SEATTLE, WASH.
Population 1900 was 80,671;
and
in 1880
was
in 1890
was
42,837;
3,533.
THE SEATTLE ELECTRIC
CO.-(A trolley road).
This company, which was incorporated in the State of Washington
on January 3, 1900, is a consolidation of nearly all the street railways
(all except one small road) and electric-light interests in and around
the City of Seattle. In 1900 was granted a 35-year franchise over all its
lines, but must sell 25 tickets for one dollar. In February, 1901, the
$4,358,000 1st mtge. bonds were listed on the Boston Stock Exchange.
The following companies have been acquired:
Seattle Steam Heat & Power Co.
Seattle Traction <o.
West St. & North End Electric Ry. Third St. & Suburban Ry. Co.
Union Electric Co.
Madison St. Cable Ry. Co.
Burke Block Lighting Plant.
Union Trunk Line.
First Ave. Cable Ry.
Consumers' Electric Co.
Grant St. Electric Ry.
Green Lake Electrio Ry.
James Street Construction Co.
North Seattle Cable Ry.
Date. Interest. Outstanding. Maturity.
Bonds—
Stock
St'k. $5,000,000 com. ($100)
$3,600,000
Stock, $1,750,000. pref. 6 >
1,750,000 Oct., '01, 3%
per cent non-cum. ($100) $
S g F-A
4,358.000 Feb 1, 1930
1st M. *5,000,000 goid..c* < 1900
($1,000)
I Int. at Boston Safe Dep. & Tr. Co., Trustee.
Bonds—The mortgages on most of the consolidated companies have
been discharged, and companies turned over to the Seattle Electrio
Co. outright; the others are operated by the Electric Co. a* owner of
practically all of the stock and bonds. Of the new mortgage $642,000
can be issued only for actual additions and for not over 75 p. o. of
cost of same. Sinking fund 1 p. c. of the entire amount of bonds
outstanding is payable to it yearly. Bonds can be called at 110 and
&
—
interest.
Dividends— First dividend of l^ per cent on preferred stook was
paid April, 1901. Dividends changed to half-yearly, and 3 per cent
paid Oct. 1, 1901.
Road— Operates about 65 miles of track.
Report— For calendar year, 1900, gross, $1,094,902; net, $284,426.
Latest Earnings—Jan. l to Sept. 30:
1901
Gross, $971,186; *net, $374,750
lbOO
Gross, 786,093; net, 198,605
Officers— President, Jacob Furth; Vice-President and Treasurer,
Henry B. Sawyer; Secretary, Geo. Donworth; G- neral Managers,
Stone & Webster, Boston, Mass.-V. 70, p. 231, 584; V. 71, p. 438,
1221; V. 72, p. 582, 873, 1136; V. 73, p. 664.
SEATTLE CITY RAILWAY-A cable road.
Organization— This company and Leschi Park were purchased at
foreclosure sale on Sept. 21, 1901 by Jas. 8. Goldsmith, representing
the Seattle Electric Company. In October, 1901, was re-incorporated
in Washington as the Seattle Railway with $500,000 (par $100)
authorized capital stock and $500,000 authorizea bonds.
Road— Owns about 5 miles of cable road on 5 miles of street in
Seattle, known as the Yesler Avenue and Jackson Street lines. V. 72,
p. 873; V. 73, p. 186, 237, 495, 664, 785.
,
SEATTLE & RENTON
Officers— President. C. M. Clark; Vice-President, J. P. Ilsley; Sec'y
and Treas.,C. Ford Stevens, Bullitt Building, Phila.; Gen. Men., Frank
Silliman, Jr., Seranton, Pa.— \. 64, p. 85; V. 67, p. 127; V. 68, p. 674;
RY.-Trolley.
Organization— In 1899 purchased the road and franchises of the
Seattle & Ranier Beach Ry., formerly the Ranier Ave. El. Ry. foreclosed. The Seattle & Ranier Beach, however, maintains its corporate
V. 71, p. 492.
existence.
*
Includes Scr. Ry., Scr.
Scr.
STOCK
CARBONDALE RAILWAY— A trolley road.
(1)
This
the old Carbondale Traction Co., which was sold at foreclosure in 1900 The Seranton Railway Co. owns all the stock of the
Carbondale Railway, also the $300,000 5 p. c. gold bonds, due June
1, 1926. Road is leased to Seranton Railway.
Date. Interest
Outstand'g. Maturity.
Stock
Bonds—
Stock auth., $450,000) ($50)
$450,000
1st M., Carbondale Traction ) 1892 6gJ-J
150,000 July 1, 1922
Co., c* & r ($150,000), gold > Interest at Central Trust Co., trustee,
New York City.
($500 & $1,000)
)
Carbondale R'way, 1st mort- ) 1900 5 g. J-D
300,000 June 1, 1926
gage, $300,000, gold, regis- > Int. at E.
Clark & Co., Philadelphia.
tered
)Geo. L. Estabrook, Phila,, trustee.
Bonds— First mortgage of Carbondale Traction, due 1922, has a
sinking fund of $2,500 per annum after July 1, b95, but bonds cannot be called The i ew bonds of Carbondale Ry., due 1926, have no
sinking lund, but can be called at any time, at 105 and accrued interest, upon 10 days' notice.
Road System includes 15 miles of road, beginning at Forest City,
Pa., and running through Vaudling, Richmondale, Wilson Creek
Simpson, Carbondale, Maytield, Jermyn, Archbald to Peckville, where
it connects with Seranton lines.— V. 6«, p. 1061; V. 70, p. 75.
is
&
W
I
—
(2)
SCRANTON & CARBONDALE TRACTIO 5f—A trolley road.
Organization— Seranton Railway
Co. leases this
company
for fifty
years and operates the road and furnishes the power.
•Stock
Bonds— Miles. Date. Interest. Outstand'g. Divs.,ele.
Stock
$500,000 J*lyl,'99,l%
1st M., $1,000,000, g.,) 5
1893 6 g. J - J
150,000 Jan. 1, 1923
«1.000
c*^ Interest at E. W. Clark & Co., Philadelphia.
Free of State tax.
)
Bonds i or $100,000 are reserved for power plant, if required, and
f750,OOO for purchase of other railroads and new property.
Road— Owns road extending from Seranton to Archbald, Pa., about
5 miles connects with Carbondale Railway to Carbondale.
Earnings are now Included in Seranton Railway report.
&
;
&
No reorganization contemplated.
Date.
Interest. Outstand'g.
BONDS—
Maturity.
Stock,(par, $100) ($100,000)
$100,000
5 J"
65,000 June 1, 1914
*1 <so OOO $ l899
Tnornrao-„ $150,000
First mortgage,
Bo8toll( Tru8tee
£ gtate gt Trust Co
ROAD—Operates 12-35 miles of track, extending from Seattle
through Columbia City and Dunlap to Ronton. Rails, 30-56 lb. T and
girder. Franchise runs till 1915.
Officers.— President and Gen. Mgr., F. H. Osgood; Vice-Prest., H.
Chapin; Secretary, W. A. Peters.
D
.
SEATTLE-TACOMA INTERURBAN
RY.-An
electric line.
ORGANIZATION— Organized in 1901 under the laws of the State of
Stone <fc Webster, Boston, and the parties who control
the Seattle Electric are interested.
Maturity.
Date. Interest. Outstand'g.
STOCK
BONDS—
Stock, com., $1,500,000 ($100)
$1,500,000
Stock, pref., 6 p c, non-cum ,
An* , ^n
iuo,too
$500,000 (t> 00)
J
Feb. 1, 1931
1st M., $2,000,000 ($1,000) J 1901 5 g F-A
(?)
gold
c* (Int. payable at Old Col. Tr. Co., trustee.
Bonds— $650,000 are reserved for future requirements. A sinking
fund of 1% of bonds becomes operative after Aug. 1 3 906; all bonds
held by the sinking fund are to remain alive and to bear interest. Entire issue may be called at any time at 110 and accrued interest, and
sufficient nonds for the sinking fund requirements may be called
Washington.
&
1
,
when
necessary.
Road— When completed
is to operate a line from Seattle to Tacoma,
a distance of 36 miles, which is expected to be completed about
July 1,1902. Rails are to be 70-lb. T- Will carry both freigut and
passengers.
OFFICERS— President. Jacob Furth; Vice-Pres., H.B Sawyer; Treas.,
W. C. Forbes; Sec G. Donworth; Ass't Sec, Eliot Wadsworth; Gen.
Mgrs., Stone & Webster, Boston, Mass.-V. 70, p. 1096; V. 71, p. 288.
699; V. 72, p. 989, 1035.
,
:
STREET RAILWAYS.
84
SEDAL1A, MO.
Population
was
19<
and
was
15,231; in 1890
in 1880 was 9,561.
1-1,068;
SEDALIA ELECTRIC AND RAILWAYOrganization, Etc-— Organized
October, 1898, as a consolidation
of the Medulla Ry. Light it Power and tae Sedalia & Brown Springs
Electric Ry. -V. 67, p. 483. Owns franchise for a road ou all streets of
and also frauehise to operate elcotrie-light plant. Has lighting
contract with citv, which expires 1905.
On ive 1 I »93, defaidt was made upon the $50,000 6 p. o bond* of
the Sedalia A Brown Springs Electric Ry., and on Feb. 1, 1900, upon
the $-• 0,000 6 p. o. bunds of Electric Ry. Light A Power. V. 70, p
931
On Feb. 16, 1 900. road was placed in receivers hands; the present receivers arc Heury C. Flower and William F. Waller.
1'he property was sold at foreclosure in March. 190i,to the bondholders, ami in May the Railway A Electric Co. of Sedalia, with $250,000 capital, was organized, it is understood, as successor company.
On Nov 1, 1901, nothing definite had been decided upon as to reor
in
.
.
ionization.
Road— Elec. By. L. & P. owned 12 miles of single track; Brown
Springs, 3 miles; total. 15 miles. V. 67, p. 433; V. 70, p. 231, 382,430;
V. 72. p. 842, 582, 1189.
1900
in
and
SHAMOKIN &
in
'8,202; in 1890
1880 was 8,184.
14,403;
In April, I90l.it was reported that 'he capital stock would be increased to $750,000, to provide for the budding of an extension to
Sunbury.
Maturity
$500,000
500,000 Dec. 1, 1923
1893
6 J-D
Bonds
Road— Shamokin to Logsvllle, Green Ridge, Mt. Carmel, Cunningham and Centralla, 164 miles.
Earnings- For fiscal years ending June 30:
STOCK
BONDS—
&,
Date.
Interest.
Outstanding.
Stock, $500,000 ($50)
Tares <t Int.
*30,518
30,593
Xet.
Gros*.
Tear.
Rental, die.
$l, 57
Bat., Def.
$14,684
$44,918
$17,191
2,390
17,55a
15,431
41,940
Piesident, G. M. Smith, Shamokin, Pa.; Secretary. H. R. Snavely
Lancaster J unction. Pa.; Treasurer, C. Smith, Annville, Pa.
1900
1899
1
York, trustee.
provide for the retirement of all outstanding securities of the merged companies.
Road— Operates 42 miles of track. Cars, 81, of which 61 motors.
Earnings— For fiscal year ending June l, 1901: Gross, $199,183;
net, $60,976; interest, $37,500 surplus, $23,476.
Latest Earnings— From June 1 to Sept. 30, 1901: Gross, $78,698; .net, after expenses and taxes, $21,979.
OFFICERS.— President, J. S. Lawrence; Vice-President and Treasurer,
Abel Anderson; Secretary, J. H. Rioker; Gen. Mgr., E. L. Kirk.— V.
BONDS—The new bonds
;
68, p. 873; V. 70, p. 947.
SOUTH BEND,
IND.
Organization— On March 15, 1899, was organized by the consolidaBend St. Ry., the Indiana Eleotric Ry., the General
Power & Quick ransit Co., the South Bend & Elkhart Ry. and the
tion of the South
CARMEL ELEC RY-
MT.
&
INDIANA RAILWAY.-A trolley road.
PA.
SHAMOKIN,
was
was
Population
On May 15, 1899, absorbed all the other Sioux City lines, and now
owns and operates 42 miles of road, including the elevated (Sioux
City rransit), the Ceniral Tracion, the Riverside Park, the Sioux City
& Leeds Eleotric and the South Sioux City Traction Co.
Date. Interest. Outstanding.
Maturity.
STOCK
BONDS—
Stock, $1,200,000 ($100)
$1,100,000
1899 5 g. J-J
750,00 >
July 1, 1919
1st M., $750,000 K
gold
„ >Int. at Bank of Montreal, Chicago, or New
7*i
nnm
( * 1,UOO)
°)
•
Elkhart Goshen & Southern Ry.; franchise perpetual in South Bend,
Mi.sha.waka and Goshen; in Elkhart expires in 1926; operates local
electric lines in above cities and interurnan line joining them. Population served, including Elkhart and Goshen, lnd., about 70,000.
Date. Interest.
Outstand'g.
Maturity.
STOCK AND BOND
8tock, $l,000,0u0
$1,000,000
900,000
Jan. 1. 1930
lstmort $1 000 000 > 1900 5 S.' JJ
Girard Trust Co. (Phila.), trustee. Int. at
<5T*i
nnT.
(*±.ooui
c
g.
^ standard Trust Co., N. Y.
Sinking fund of $10,0<>0 per annum begins January 1, 1905, bonds
—
'
to
hi-
'
Hit
bought in open market
Road— Length of track, 45 miles. Gauge, 4 ft. 84
Owns 65 cars and 3 power stations.
in.; 70-lb. T-rail.
Earnings— For year 1900, gross, $198,835; net, $14,114.
Officers— President, Arthur Kennedy, Pittsburg, Pa.; Vice-Pres.
and Gen. M'g'r,
McM. Smith, South B--nd, lud.; Sec. and Treas., J.
B. McCaijce, South Bend, lnd. General office. South Bend, lnd.— V. 61,
i
SHARON, PA.
p. t>25; V. 68, p. 671.
Population 1900 was 8.916; in 1890 was 7,459;
and in 1880 was 5,684.
SOUTHBRIDGE, MASS.
YOUNGSTOWN-SHARON RY. & L'T CO-
Oroanization.— Incorporated in New Jersey on Dec.5, 1900, t >take
over and consolidate all the electric-light and artificial gas plants and
railways in Yoiuustown an-i Hubbard. Ohio; flirt Sharon, Sharpsville,
South shar<>u and Wheatland, Pa.; also to build a connecting line
between these two cities.
Outstand'g.
Date.
Interest.
Maturity.
STOCK & Bonds—
$2,500,000
Stock, $2.50".O<
Jan. 1, 1931
5 g. J J
2,0< 0,00
1st mtge. $2,500,000) 1900
($i,0<iO) gold, s.f.c ) Int. at N. Y. 8eo & Tr. Co.. N. Y., Trustee.
Bonds— Bonds can be called at 115 and accrued interest <>n any interest datr; $500,00" or the bonds are reserved tor improvements and
can on y be issued when the net earnings are 14 times the amount
necessart to pav interest on all outstanding bonds, t gether with those
to be issued, and then only for 80 per cent of the cost of such im•
provements.
•
Sinhmg Fund— Commencing 1906
1 p.
c. is
payable annually for
ten years, after that I — p. o. per annum.
The following securities are pledged under the mortgage
Bonds
$50 000
Stoik.
Sharon Gas A Water Co
8haron & Wheatland Street Ry. Co
$52,600
50 »»oO
12,000
10 00»
5'
8harp-villH E ectric Li*htC>
fehenango Valley Ele- trie Light Co
aiiway Co
117,<'
Valle> Street
6<>0,000
Youngst wn * Sharon Street Ry. Co
Young town (on olidated *as <* Electric Co.,.. 955,000
The Youngstown-Sharon Railway & Light Co
of the Sharon & New Castle Railways Co.
also
owns
,000
12,0<0
lo.OOO
94,"0
6oo,0i
545,000
all
I l» miles of the Valley Street
Ry. (in Sharon and to Sharpsmaking a total of 22 miles of road. Rails 0-lb. T
OFFICERS— Presiden A M Hyatt; Vice Prest, H. W. Whipple: SecBright.— V. 71, p,
retary. LeUhton Calkins; Treasurer, Osborn
land; also
'
W
,
1023, 13
(1)
1
2;
V. 72, p 138. 243, 723. 8 >4; V. 73, p. 101*.
SHARON & NEW CASTLE RY5.-A trolley road.
Organization— Incorporated in New Jersey io Jure, 1901. The enowned by the Vouugstown-Sharon Ry. & Light Co.
which gMaiantees the bonds, principal and interest.
Date.
Interest.
Maturity.
Outstanding.
STOCK & BONDS—
tire capital stock Is
Stock. *500,000
let mtge. $->0 ,000,
g.,
>
1901
5
NY
g.
J-J
$500,000
500.000
Security &. Trust
July
1
1931
N.Y., trustee
Saudi -Are subject to call at 115 and interest at any interest p«-r od'
Road— Owi-r a d operates about 16 miles of tracn, extending from
New a-tlc to Hiinbar', Ohio, where connection is made with the
c*
(1 o( O) n f
S
Int. at
and
o..
8ec.
and Treas.,
SHEBOYGAN,
WIS.
was
1890 was 16,359;
Population
and
1«8o was
LIGHT POWER & RYSHEBOYGAN Owns
190'
in
22,962. in
7.314.
Etc—
19 miles of track, with light and power
plant. Capital stock. $200,000; Im led $141,100; 1st mtge, <s j.er cent
(-fl.OOOi gold bonds. *225.o00. dated 1 "96, due A|.rll 1,192.6; interest
A. & <). at Mercantile Trust Co., New York, trustee. For year 1900
gross earnings were $70,0O« in 1899 gross earnings were $65,932;
net, $21,381.
)FFiCERS— President, G. B. Mattoon; Vice-President and Manager.
j.Sf.' Saemauu; secretary, E. L. Uebell; Gen. Supt., H. Pagll Jr.
Oroanization.
;
IOWA.
SIOUX1900 CITY, 1«mo
was
POPULATlo*
3M11;
in
am.
IN
in
1880 was 7,366.
37,806;
SIOUX CITY TRACTION-A trolley road.
Organization, Etc.—Chartered
tal
la May, 1895, with authorized capisucceed the Sioux City Street Railway, sold in
years from 1889.
run
for
50
Franchises
or $1,000,000. to
foreclosure.
in
1890 was 7,655;
was 6,464.
ST.
RY.
Organization, Etc.— SouthbridgetoSturbridge, 74 miles of trolley.
Stock, $60,000; par $100. Dividends, M.-N. Bonds, $60,000 let M.
20-year gold coupon 5s, J. -J, Due Jan. 1, 1917. International Trust
Co., Boston, Trustee. Dividends— In 1900, May 31 2 p. c. President,.
Calvin D. Paige; Treasurer, Francis L. Chapin, both of Southbridge.
SOUTH FRAMINGHAM, MASS.
SOUTH MIDDLESEX STREET RY.- Trolley.
Stock
& Bonds—
Date.
Stock ($100)
1st M., $100,000, gold.
Outstand'g.
Interest
seebelow.
Maturity.
$100,000
100.000
5g.F-A
Feb. 1, 1915
1900, $87,114.
Interest payable at International Trust Company, Boston.
Dividends: In 1894, 6 p. c; in 1894-95, 24 P o.; in 1895-96. 4 p. c;
1896 97, 54 p. c; 1897-8, 6 p. c; in 1898-99, 6 p. c.; in 1900-1, 6 p. 0.
Road— Owns 13-8 miles of track; rails 45 and 50-lb T.
Earnings— Year ending September 30, 1900, gross, $63,488; net,
$17,96o; charges, $13,936; dividends, $8,000.
OFFICERS— Preside t, W. B. Ferguson, Boston: Secretary and Teas
urer, J. J. Valentine, South Framingham; Gen. Mgr., A. Frank Mars.
Current
1895
liabilities Oct. 1,
-
SPENCER, MASS.
Population 1900 was 7,627; in 1890 was 8,747;
and in 1880 was 7.466.
WARREN BROOKFIELD
Population
RY.-A trolley ioad.
STOCK & BONDS—
&
SPENCER ST
tributary estimated at 25,000.
Interest. Outstand'g. Maturity.
$150,000 In 'S'.i-OO,
Date.
2'
Stock ($150,00 )
1st M., g., $125,000, 8. f. ( 1896
5g. M-N
125,000 Nov. 1, 1916
aft.Nov.l.'99 <*l,000)c. ) Int. at Tnt'i Trust Co., Boston, Trustee.
Loan snd notes payable Sept 30, 1900, $7o,0Oi».
Sinking fund is $2,000 annually on and after Nov. 1, 1899.
Road— Owns 20 miles of track connecting Warren, Brookliold, North
BrookUeld, Spencer, etc
Earnings— Year ending Sept. 30, 1900, gross. $61,568; net, $24,940,
int. and taxes, $15.7o8; divs., $3,000; sinking fund, $2 000; balance;
surplus. $4,172
President, A. B. Bruce Secretary and Treasurer, G. A. Batman.
;
SPOKANE, WASH.
i
Youngstown-Sbaron s.\stem.
OFFICERS- f resident, II. W. Whipple, New York;
M. A. Norris, Youngstown. -V. 73, p 288, 1012.
in 1880
SOUTHBRIDGE & STURBRIDGE
the stock
Road- On N'ov. l, l^Oi, 17 "o miles of new road was completed from
Youngstown to Shaion. with a branch to South Sharon and Wheatville),
Population 1900 was 10,025;
Population 1900 was 36 «48 in 1890 was 19,922;
and in 1880 was 350.
;
ARLINGTON HEIGHTS MOTOR
of trolley track.
Power Co.
Stock, $50,000.
Road
RY-2mlle»
leased to Washington
Water
SPOKANE & MONTROSE MOTOR R R.
Road Etc.— Operates 34 miles of trolley track. Stock, $50,000;
par f 100. 1st mortgage 6s, M-S. $40,O0O, due March 1,1902: TrunG'. Reeder.
tee. Provident Trust Co. of Boston; Pros, and Gen. Man.,
( !.
WASHINGTON WATER POWER CO.'SSYS-
TEM-^uKANE
STREET RAILWAY,
Reorganization— Under plan
of
June
Etc.
30, 1897, stockholders paid
assessment of 10 p. c. in cash, or 40 p. c. in stock (which stock was resoldi, to provide for unpaid coupons, floating debt, etc., and bondholders had their Interest reduced from 6 to 4 4 p. r cent. Has absorbed by purchase the properties of the following conpanios: The
Edison Elec rle Illuminating Co., Spokane Street Railway Co., Spokane Elec'ric Ry. Co., F-lls City Land & Improvement Co., the Ross
1'ark Street Ky. Co. and the City Park iran-.it
"o.
In I8^9anew
mortgage for +2,000,000 was made, providing for the retirement of
tii-- bunds <>f the constituent
companies, and substantially all these
old bonds hav- been taken up, a bonus having been ottered to Induce
tae exchange. On Sept. 1-, 19o0, the capital stock was increased from
'
: ;
:
STREET RAILWAYS.
85
STAMFORD, CONN.
$1,500,000 to $2,000,000. and $375,000 was issued for the pnrohase
of the Up River Water ower, formerly the property of the Spokane
Falls Water Offer o.— V. 71. p. 289, 646.
BONDS— Miles. Date. Interest. Outstand'g. Maturity.
STOCK
$1,875,000 Oct. .'01,1%
Stock, $2,000,000
1899 5.g. J-J
1.600,000 July, 1929
Consol. mort. «fc coll. )
trust, $2,000,000, > Interest at Franklin Trust Co., Brooklyn.
o*Ar) Trustee.
gold ($1,00« )
Of the $2,000 000 new bonds, $1,435,000 was to take up outstanding
bonds of the old rompanies, $150,000 to be issued forthwith, and the
balance, $400,000, may be issued for acquiring additional property or
f or improvements or bettermeuts.
Dividends—A dividend of 1 d. c. was paid in Jan., July, and Oct.,
1900; in 1901,1 p c in Jan., April, July and Oct.
Road— System consists of 36 miles of trolley road, the cable
line having been changed to trollev. Rails 30 to 72 lb. T.
OFFICERS— President, Henry M. Richards; Secretary and General
Manager, D. L. Huntington; Treasurer, H. E. Perks, all of Spokane.
—V. 69, p. 1248; V. 71, p 289, 646.
•
Population 1900 was 18.839; in 1890 was 15,700;
and in 1880 was 11,297.
i
&
STAMFORD STREET
RR.-An
j
$92,240
75,000 Aug. 1, 1909
July 1,1901, bills payable
145,744
Road— 12H9 miles of track. In Nov.. 1900, the extension to Glen
brook was completed. Electricity introduced in 189->.
Earnings— In year ending June 30, 1901. gross, $58,768; net,
Stock, $200,000 ($50)
1886
1st mortgage, $75,000 auth.
5
F-A
$22,474; taxes, $2,112; interest, $3,750; balance, surplus, $16,612.
In 1900, gross, $i 1.7 4; net. $1",992; taxes. $2,072; interest, $3,750.
OFFICERS.— President, Col. N. H. Heft, New Haven, Conn.; Secretary
and Treasurer, W. L. Squire.
1-
STATEN ISLAND,
SPRINGFIELD, ILL
YORK &company
STATEN ELECTRIC CONEW
December,
Organization—
I.
;
RY.--
Organization.— A consolidation of the People's Electric Railway
and the Spri gtieldCity Railway, the latter incorporated Feb. 18, 1861.
Maurity.
STOCK & Bonos— Miles. Date. Interest Outstand'g.
St'k ($750,000 auth.)
People's Elec. 1st
M
10
Springfield City Ry. C
1st M., lawful-?
money, $1,000. c. t
A-O
6 M-S
1891
1890
6
$750,000
100,000
Apr. 1, 1911
125,000
Mar. 1, 1910
at 105 after Mar. 1,1895
Subject to call
Interest at Mercantile TrustCo., N.Y. City
Bpringti'ldCon.Ry. f 22
1893 text J-D
418,000
June 1,1933
Consol. mort. for < Interest at Columbia Trust Co. (Trustee), Louis$750,000 gold
ville,
Ky.
June,
1897, interest was paid.
(
Sufficient bonds of '93 are reserved to retire all prior liens at maturity.
Of the $525,000 outstanding $107,000 are held by the Treasurer.
Adjustment— In September, l»97. floating debt was $6.-1,000, and
oonsol. 5 per cent bond coupons due Dec. 1, 1897, were canceled and
interest on bonds reduced for 1898 and 1899 to 3 per cent and for
1900 and 190 to 4 per cent, the bondholders receiving 10 year » per
cent scrip for the interest scaled.
See V. 65, p. 730. In Oct., 1899,
floating debt hac been reduced to $45,000.
Road— Owns and operates 24 miles of trolley track in the City ol
1
Rails 40 and 60-lb. T.
Springfield.
N. Y.
Population 1900 was 67.021; in 1890 was 51,693,
and in 1880 was 38,991
Population 1900 was 34.159 in 1890 was 24,963
and in 1880 was 19,743.
SPRINGFIELD CONSOLIDATED
electric road.
Organization— Incorporated Feb. 24, 1886. Control was obtained
by the New York New Haven & Hartford RR. in 1895.
Date. Interest. Outstand'g.
Maturity.
STOCK BONDS, ETC.—
Earnings— For 1898, gross, $121,432;
net, $47,101.' For 1897, gross,
$105,123; net, *4 1,560.
OFFICERS-- President, William Jarvis; Vice-President, B. Wilson;
Treasurer and Gen. Man. C. K. Minarv. V. 65, p. 730 V. 67, p. 224.
This
in
1897, increased ita
stock from $500,000 to $1,500,000, and purchased the stock of the
Staten Island Electiic RR.,oneof the considerations for the sale being
the guaranty of the latter's 1st moitgage bonds, principal and interest.
Bonds are $500,000 (all outstanding) 50-year 1st mort. gold 5s,
dated June 1. 1897, $i,00o each, int. J-D. at Guaranty Trust Co., N.Y.
Central Trust Co., N. Y., trustee.
Earnings— Year ending June 30.
dross.
Net.
Fixed ch'g's. Betterm'ts. Balance
1900-1901
$191,346
$55,077
$27,992
$22,064
$5,021
1899-1900
190.266
59 538
^6,681
22,462
sur.394
President, Samuel Thomas; Vice-President and Treasurer, J. H.
Swinarton; 8ec. H. M. Work, 80 Broadway, N. Y.— Office, New Brighton, N.
V. 66, p. 857.
Y—
STATEN ISLAND ELECTRIC RR. -Trolley.
it was officially reported ttiat a plan of reorganizawas under way, and when completed a new company would
be incorporated to consolidate both properties and a new mortgage
In Nov.. 1901,
tion
authorized to retire all utstanding securities.
Organization— Incorporated under the laws of the State of New
York December 11, 1894. Owns a through line from South Beach to
Howlands Hook, where, by means of a ferry, it connects with the Consolidateii Traction V.o. of New Jersey, and with a belt line around St.
George and a spur up the Richmond Turnpike to Silver Lake. The
company also controls one-half of the $1,000,000 stock of the Rapid
Transit Ferry between St. George and New York, and owns all the
rights and franchises of the Staten Island Belt Railway.
Date. Interest. Outstand'g.
Maturity.
Stock
Bonds—
Stock, $1,250,000
$1,250,000
"
5 «••
N 1.2»0.000 May 1, 1945
1st
s fci.^Do.ooo,
$1 250 000 gu..
gu J^ 1895
ist m„ g.,
nt at KmckerD . r Tr COy N y, Trustee.
•
&
SPRINGFIELD, MASS.
Population
in
,
000, gold
SPRINGFIELD STREET RY. -A trolley road
Organization.— Incorporated March 5,1868. In Oct.. 1900, au
was increased ir^m $1,458,400 to $1,958,400, to pay
indebtedness and construct new lii es.
Date.
Interest.
Outstanding.
Maturity.
STOCK thorized stock
art! Apr l, i900°).
^
\
1895
Text.
~°-
^A
Text.
April I, 1910
$1,958,400
100,000
to 1901, inclusive, 8 per cent per annum.
miles (including 11-535 miles second track) of
maintrack and 4-96 miles of sidings. Operates i96 passenger and 16
other cars.
EARNINGS-— For years ending Sept. 30 earnings have been
1901.
1900.
1900.
1901.
DIVIDENDS— In years 1893
Road.—Owns 71-63
Gross earn'gs
.
Net
.
.
Taxes, etc
Intere
£
i
5g.,M-N
J 1896
$750,000 May 1, 1946
c* ? nt at Guaranty Trust Co. N Y , Trustee.
No'es payable June 30. 1900, +274,973.
Consols cover all franchises and property, and also, subject to the
nrst mortgage of 1895, $260,000 stock of the N. Y. Investment & Improvement Co. now deposited with Knicke bocker TrustCo. as trustee
of tirst mortgage. Ot tne consol*, $1,250,000 were reserved for the
retirement of the firsts, and the balance used for extensions.
Default— Default was made in payment of coupons due May 1,
189**.
A majority of the 5 p. j. bonds has been deposited with the
1st consol. mort., $2,000,-
1900 was 62.059; in 1890 was 44,179;
and in 1880 was 33,340.
Stock $1,958,400 ($10O)
B
Ub e
Ca
M
M
$
$
$
753,809 686,050 Divs.pd. (8%) ..156.672
116 672
226.2-0 206,204 Bal. for year.def. 3,686 sur 13.^88
Total surplus
7 ,234
76,244
Sept.30... ... 401823 280,509
OFFICERS— President. John Olmsted; Supt.. George W. Cook; Tieas
Frederick Harris— V. 66, p. 135, 762, 860; V. 71, p. 30, 699.
,
I
Bull Committee.— V. 6^, p.
,
86, 64t>.
Road— Road from South Beach to Howland Hook, 10-" miles; branches
Richmond Ave. to Bull's Head »nd Clove Road, 8*15 miles; second
track, 12-13 miles; siding -04 mile; total track, 31 02 miles; 90-lb
girder Cambria and 84-lb. girder Johnson steel rails; operates 109 cars.
,
Yearly Earnings—Year ending June
OriiKS.
1^00-1901....
30:
uih.mc.
Net.
$.13.19 $6,4 02
'harges
Deficit.
Beller'ts.
$36,041
109,7 78
6 i,003
$ 0,381
706
51,7*5
Latest Earnings.— 2 months to Aug. 31
1901
Gross, $57,947: net,$2 ,972
1900
oross, 56,*23; net, 25 220
Officers— President, J. H. Swinarton, New Brighton, N. Y.; See.
and Treas., H. M. Work, 80 Broadway, N. Y.— V. 65, p. 1222; V. 69, p.
1899-1900
203,342
$9' 5
$l<>-/,348
47,069
i
386, 646.
STATEN ISLAND MIDLAND RR.-A trolley road.
SPRINGFIELD, MO.
Population 1900 was 23.267; in 1890 was 21,850;
and in 1880 was 6.522.
SPRINGFIELD TRACTION
&
CO.
Organization.— Successor in 1895 to Metropolitan Eleotric Ry.
Outstand'g.
Date.
Interest.
Maturity
STOCK AND RONDS—
Slock $4O0.- 00 .*i00i
$400 000
1st mi ge, $330,000. g.) 1895
33t,0<>0
5 g J-J
July 1, 1925
($1,00
>
(cannot
called).
be > Interest at
c*) Trustee.
St.
Louis Trust Co.,
8t.
Louis,
.
.
Owns and
operates 208 miles of track; Westinghouse
elect, system; Hamilton-Corliss engines.
Earnings— For fiscal year ending June 30, 1900, gross, $63,342;
total expenses, including taxes, $i9,578; net. $23,704.
Parker. St. Louis; Secretary, C. H.
Officers-— President, Geo.
Smith. St. Louis; Treasurer, J. F. G. Bentley, Springaeld
Road.
Organization— Chartered Dec. 1, 1890. On Aug. 19,1895, reorganized without change of name. In May, 1*98, acquired the line of
the Staten Island ITaction Co., and was merged with it.
Date.
Interest.
Oulst •nrl'g. Maturity.
Stock
Bonds—
Stock, $1,000,000
$1,000,000
1st mortgage, $1,000,000, J 1896
5 g. J-J
1,000,000 Jan.21,1926
gold ($1,000)
c* ) Int at Farmers' L.& Tr. Co., N. Y„ trustee.
Notes ami hills payable June 30 190' $2 <1.903
Sinking rund after 5 years but bonds caunot be called.
Road— Owns 28-7 miles of track, including second track. 11-04
miles; sidings, 1 mile; rails 65 to 70-lb. T rails and 90-lb. girder
Earnings— Year ndiug June 30, 1901, gross, $143,890; net, $53,749;
fixed charges, $7.^,772; deficit, $20,0<J3.
OFFICERS— President, Robt. Wetherill Chester, Pa.; Secretary, H. T.
Waiter, otapleton; l'reas., Richa d Wetherill. Chester, Pa
W
STOCKTON, CAL.
Population 1900 was 17,506;
a d in 1 80 was
SPRINGFIELD, VERMONT.
Population 1900 was
and
3,432; is 1890
in 1880 was 3,144.
was
2,881,
SPRINGFIELD ELECTRIC RY.-A
trolley road
Organization.— Length nf road, 8 miles, from Springfield, Vt., to
Charlestown.N. H. Freight and passenger road.
Capital stock, common, (auth.) $75,()oo; issued $64,600; guaranteed
6 per cent notes or preferred stock. $34,624.
1 st mortgage for $100,000 of o percent gol $5o0 and $1,000 coupon iiouds dated Nov.,
due
Nov
1, 1897.
1, 1917; interest M-N at National Bank of Corum. ni
weaith, Boston.
EARNiNGS-For year ending June
1901, gross, $33,956 net,
$lo,b|0 In 900. gross, $M4,i5
net, $11,007. President and Gen
Mgr., E. C Crosby; Vice-Pres and Treas., M. A. Coolidge; Supt., A.. J.
Crosby.- V. 64, p. 1043; V. 70, p. 793.
;
1,
in 1*90
10,282.
was 14,424;
STOCKTON ELECTRIC RR.-A trolley road.
Stock & Bonds Stock £ >OO,0o0; 1st mortgage 6s, A-O, $115,000;
due 1917; trustee, Calilornia Safe Deposit <& Trust Co. Owns I*, miles
of track
Officers— President, loseph
Fyfe: Secretary, H. J. Corcoran.
STREATOR,
ILL.
Population 1900 was 14,079; 1890 was 11,414,
AMI in 1880 was 5.15'.
PEOPLE'S LIGHT & RY.-A trolley road.
Organization— This was lorinerly the Streator Ry., which was sold
under foreclosure Oct. 7, 1898.
Road— Owns 5% miles of track. Rails 52 lb. girder.
OFFICERS -President, W. V. roons, Cleveland; Secretary, G. J. A.
Paul.— V. 63, p. 970; V. 67, p. 843.
—
:
'
STREET RAILWAYS.
8tt
SUNBURY, PA.
PoriLvnos 1900
WAfl 9,810; in 1890
1880 was 4.077.
Road
was
orbs.
5,930,
Earnings— For
ANI> IN
& NORTHUMBERLAND EL- RY.
SUNBURYChartered
Sunbury
June
Northumber-
Organization—
»nd street Railway.
STOCK & BONDS—
l,
'J
M
1885,
-4V7 miles of track and
Rails 68 lb. girder.
&
May 88, 1892, after jmlU'ial sale.
Miles. Date. Interest. Outstantl'g. Maturity.
"a
mile of sidinp in Tarentmu and sub
year ending Juue 30:
tlsoal
Tear.
Net
Bros*.
1900
1899
$22,591
19,894
$4,246
4,611
Taxes.
Interest.
Bal.,def.
$181
544
$6,000
6,000
$1,935
1.933
Reorganized
(125,000
51.500
25,850
LoansiunseeurediJuly
ROAD Owns 3D miles of trolley in Sunbury and Northumberland.
Earnings— For fiscal vear ending June 30: in 1899-1900, gross,
•20,130; uet, $5,411; Interest and taxes, $5,011; surplus, $100.
President. Pierre 8. de Pone Lorain. Olilo: Secretary and Treasurer,
S. P.Wolverton, Sunbury, Pa; Gen. Supt., Wm. L. Kepllnger. Sunbury.
Stock. $125,000 <i>ar$50)
o*
First mortgage, gold
32 1892
6
TAUNTON, MASS.
J-J
g.
l.'OO
Population 1900 was 31,036; in 1890 was 25,448,
and in 1880 was 21,213.
—
BRISTOL,
COUNTY STREET
ORGANIZATION— Incorporated
RY--A trolley road.
in lv<00 to build
an eleotrio road from
Hebrouvllle and Attleboro to Taunton. In Sept 1901, stock was Increased from $1 20.000 to $200,000; also the issue of +80,000 more of
the 1st mortgage bonds • proposed. V. 73, p. 494, 615.
,
i
SYRACUSE,
&
N. Y.
Population 1900 was 108,374; in 1890 was 88,143;
and in 1880 was 51.792.
SYRACUSE RAPID TRANSIT RY.-V.
62, p. 644.
ORQANIZATION— Incorporated May 21, 1896, per plan in
In 1899 leased East Side Traction for 99 years at a rental of $i 2,500
per annum; also own the entire capital stock of the company.
&
Authorised.
Date.
Interest.
Maturity.
$2,750,000
($100)
1,250.000
Pref. 6 p. c.,n. c. ($100)
1891
5 J-J
750,000 Jan. 1,1921
People's RR.. 1st mtg
5g.M-S
2,500,000 Mar. 1,1946
Mort. ($3,250,000) gold...) 1896
($1,000)
c* $ Guaranty Trust Co., N. Y.. trustee.
5g.J-J.
$546,000 Jan. 1,1930
2d mortgage. $750,000 ) 1900
o*. jlnt, at Savings & Tr. Co., Cleve., trustee.
($1,000), gold
f Bonds— The Rapid Transit mortgage of 1896 is for $3,250,000, of
which $750,000 of bonds is reserved to retire the People's RR. firsts.
Of the 2d mortgage bonds $204,000 are in the company's treasury;
STOCK
BONDS—
Common stock
bonds cannot be
called.
Latest Earnings—July
1 to Sept. 30:
Gross
3 mos.
1901
1900
Other inc
yet.
$75,270
$1,572
1,522
63,413
Earnings—Twelve months ending June 30
$166,795
143,905
Charges.
$57,0 21
55,859
Surplus.
$19,821
9,076
Net.
Other inc. Charges.
8urplns.
$274,331 $6,137 $223,918
$56,550
229.040
4,227
216,415
16,852
194,537
218,452
def.20,035
3,880
Road The length of the lines is about 65 miles, not counting extension to East Syracuse, completed in 1900.
Officers— President, w. P Gannon, Syracuse; Vice-Pres. and Gen.
Mgr., E. G. Connette; Secretary and Treas., T. H. Conderman, Phila-
Oross
1900-01
1899-00
1898-99
$615,161
548,175
481,522
—
delphia, Pa.-V. 68, p. 525, 774.
Date.
Interest. Outstand'g.
Maturity.
Bonos—
Stock
Stock, $200,000 ($100)
$200,000
1st mtge., $250,000) 1901
120,< 00
5 g. J-J
Jan. 1, 1921
($1,000), gold
o* $Int. at Federal Trust Co., Boston, Trustee.
Honds- Bonds can be called for payment on Jan. 1, 1906, at 105,
on 4 weeks' notice.
Road -Owns 15% miles of track laid with 56 and 60-lb. T-rall.
Road was formally put in operation In March, 1901.
OFFICERS— President, Isaac Patch; Vice-Pres., John H. Buttrick;
See D. A. Brooks; Treas., C. S. Cummings 2d.— V. 73, p. 235, 494,
615, 8*9.
,
TERRE HAUTE,
IND.
Population 1900 was 36.673; in 1890 was 30,217;
AND IN 1880 was 26.042.
TERRE HAUTE ELECTRIC COThis company
is successor to the Terre Haute Electrio Street Railway, sold at foreclosure June 21, 1899, and bought by a syndicate
represented by Stone & Webster, of Boston. The same parties also
bought the Citizens' Electrio Light & Power plants. In Feb., 1900,
purchased the Brazil Rapid Transit St. Ry. of 3 miles, and uses it as
part of the line from Terre Haute to Brazil, a distance of 18 miles,
which was completed and put in operation on Sept. 2, 1900.— V. 70, p.
281.
&
Dale. Interest.
Outstand'g.
Maturity.
Stock
Bonds—
Stock $1,000.0Q0
$1,000,000
1st mtg.. $1,500,000, J 1899
5 g. J-J
1,000,000 July 1,1929
gold ($1,000)
o* ( Int. atBost. Safe Dep. &Tr. Co., Bost, Trustee.
Bonds— Of the new mtge. $500,000 is reserved for extensions and
improvements.
Road- Operates 34 ^ miles of track in and between Terre Haute and
Brazil.
(1) EAST SIDE TRACTION.-Successor In Jan., 1899, to the Syracuse & East Side Ry.. foreclosured on Deo. 29, 1898. V. 68,p 87. The
road is leased to Syracuse Rapid Transit for a rental of $12,500 a year.
Dale. Interest. Outstanding.
Maturity.
BONDS
STOCK
Stock, $300,000 ($100). ..All owned by ayraouse Rapid Transit.
June 1. 1929
5 J-D
$250,000
1st mtge., $250,000..) 1899
Cleveland, O., Trus.
($1,000), gold
$ Int. at Savings & Tr. Co.
OFFICERS— President, W. R. McKeen; Vice-President, J. G. McNutt;
John T. Beasley; Treasurer. Guy E. Tripp; Gen. Mgr., J.
Seoietarv.
Peyton Clarke.- V. 68,
907; V. 70, p. 281;
p. 333, 929,
1026, 1078, 1227; V. 69, p. 29, 334,
V. 71, p. 493. 603.
&
—V.
68, p. 774; V. 70, p. 686.
THOMPSONVILLE, CONN.
Population (including
Enfield) 1900 was 6,f 99; in 1890
in 1880 was 3,794.
was 4.66S
and
HARTFORD
TACOMA, WASH.
Population
TACOMA
was
in 1900
and
RY- &
in
37,714; in 1890 was 36,006;
1880 was 1,098.
POWER--
Organization— Incorporated in Feb., 1899, in New Jersey, "to fur
nlsh electricity from water power to the factories and street railroads
of Tacoma." The new company took over all the street roads In
Tacoma. The General Electrio Co., Jan. 31, 1901, owned $751,400
of the capital stock of this company.
Date. Interest. Outstand'g.
Maturity
Stock & BONDS—
$2,000,000
Com. par *1 00. $2,000,000
M.,g.,($1.000)$l,500,000o*> 1899 5g A.&O. 1,107,000 Ap. 1, 1929
not redeem before mat. J Int. at Old Colony Trust, Bost., trustee.
Bonds— $393,000 of the total issue of $1,500,000 are reserved for
future improvements and betterments.
Road—Opera' es 67
miles of track.
Latest Earnings— For 9 months
& SPRINGFIELD
ST.
RY.-A
trolley road.
to Sept. 30, 1901, gross, $280,346,
Organization— Was formerly known as the Enfield & Longmeadow
Electric Ry. (which was incorporated on Feb. 11, 1895), but in May,
1901, stockholders voted to oi ange the name as above, and to re-construct ind re-equip road; extensions to acon.eo'ion with the Hartford
St. Ry. in Hartford and the Springfield St. Ry. in Springfield, Mass., are
under construction, and are expected to be completed about Deo 1,
1901. In June, 1901, purchased the East Windeor Electrio Ry. Co.
Miles of track, 862.
Interest.
Outstanding.
Maturity
Dale.
BONDS—
Stock
&
i?i
Stock
July 1,1921
1901
5 g. J-J
$100,000
1st mortgage, $600,000 Int. payable at Am Loan <te Tr. f!o., Boston.
($l,000j, gold
o*]
Treasurer of Connecticut, Trustee.
OFFICERS— President, Philip L. Saltonstall; Secretary, Arthur Perkins; Treas., Chauncey Eldridge.Thompsouville, Conn.— V. 72, p. 1135,
1187; V. 73, p. 137.
against $2 12.354.
Earnings -For year ending Deo. 31, 1900, gross earnings were
$294,131; net, $72,945; for 9 months ending Dec. 31, 1899, gross,
$198.49 J; net, $57,270.
Officers— President, R. T. Paine, Boston; Vice-Pres., Leonard H.
Hole, New York; Secretary, I. S. Keeler. 44 Broad St., N. Y. Treas.,
E. L. Carr. Boston.— V. 68, p. 284, 873; V. 69, p. 704.
;
TAMAQUA,
PA.
7,267; in 1*90 was 6.054,
\M> in 1880 was 5.730.
& LANSFORDST, RY. -A
TAMAQUAChartered
1*91.
Nov.
&
Stock
BONDS—
Date.
Interest. Outnlan'g.
gold
Road— Owns
Summit
;
Maturity.
5pc
$100,000 1899.
1897 5g
193,00).Tune 1.1927
<
Prov.
l.lfe&Tr
Int.
at
Co., Plula .Trust.
c. I
and operates 1092 miles of road from Tamaqua to
J-D
Hill.
Earnings-- Report year ending June 30, 1901: Orr>Hq. $54,479; net,
net. *2 1,172; interest, taxes, Ac,
129.983 In 1900, gn
10,448;
dlvs.. $5,0< 0; bal
,
sur., $5,724.
,
;
,
TARENTUM,
F. Howell,
p. 428.
PA.
Population 1900 was 5,472; in 1800 was 4,627, and
in 1880 was 1,245.
road.
TARENTUM TRACTION.-A
1890. Stock authorized.
May
trolley
20,
Organization— ^Tiartercil
$100,.
000. Issued, $.-,0,000; par $50 lstM, $100,000, gold, 1894, 6g., J-D.
dne Vr>-. 1, 1924, bat subject to call after Dec. 1,1904. Fidelity
Title A Trust of Pittsburg is trustee. Mellon & Sons, Pittsburg, own
the entire capital stock.
;
&
rook
'
OFFICERS —Pre* Lewis A. Riley. Phila Vice-Prest C.
Phlla.; Bee. and Treas., J. MeCready, Lansford, Pa.— V. 70,
CO--A
trolley
Organization— Incorporated in Ohio on July 1, 1901, as a reorganization of the Toledo Traction Co which was purchased by the
Everett-Moore Syndicate in June, 1901. On Aug. 9, 1901, the new
company took formal possession of the property, which comprises all
the street railways in Toledo also all the electric lighting and power
b isines-* of the city, [t is contemplated ultimately to unite all the
Everett-Moore properties in the various cities for outline of scheme
see V. 73, p. 494.
Maturity.
Date. Interest. Outstand'g.
Bonds—
STOCK
$12,000,000
Stock,$l ,00,000
4,000,000 July 1,1909
New consolidated mort- > 1901 4 g. J-J
gage ($1,000), g., $12,- > U. S. Mtge. & Trust Co., N. Y., trustee.
Van
C>rtlandt
o<fer)Int.
atKean,
& Co., N. Y.
000,000
Tol. Consol. Street Rail way i 18g9
i (0 66,000 July
5 j_ j
7 1, 1909
r ren Cy
m
n terest is payable at Blair * Co
.
c .°6lmfle s
:P
Toledo Electric Street Ry., 5 1892 5
P_A
700i0 00 Feb. 1, 1912
mlles goI
Interest at Blair & Co., 33 Wall St., N. Y.
$1000
J
1896 5 g. J&J 4,109,000 July 1, 1909
Tol. Traction" oonsoV.'M., )
$6,000,000g., ($1,000) c* S Interest at Guaranty Tr. Co., N.Y., trustee.
Bonds— The new consolidated mortgage 5s of 1896 for $6,000,000
cover all the railway, subject to the, divisional liens of «1, 766,000,
ana are a first Hen on the uew Central Station and other realty. They
are subject to call at 102>s and interest on any Interest date after 30
days' notice. The bonds are further secured by the deposit of 1st mortgage bonds, $1,000,000 par value, and entire capital stock of Toledo
Consolidated Electric Co., one of the constituent companies. The unissued bonds have been canceled. Of the Toledo Rys. & Light Co.
mortgage for $12,000,000, $6,000,000 are reserved to retire all of the
underlying bonds and $2,000,000 ar* reserved for improvements.
Eamiogsof the companies forming the Toledo Railways & Light
;
trolley road.
2,
8tOck,$ 0' .000 ($50)
1st mtge. * 200,000, (IS 1.000)
TOLEDO RAILWAYS & LIGHT
road.
,
Population 1900 was
Organization.
TOLEDO, OHIO.
Population 1900 was 131,822; in 1890 was 81,434;
and in 1880 was 50,137.
£
Co. have been as follows:
J
;
STKEET RAILWAYS.
87
$1,186,751
621,179
1899.
$1,082,369
589,866
Dividends— In July, 1895, 1% per cent; in 1896, Jan., 1^ per cent
July, 13* percent; In 1897, 3 ^ per cent; In 1898, 4 percent; in 1899,
4 per cent; In 1900. 4 per cent; iniyOt^H p. c (extra dividend of
i4p. c in Oot, 1901)
Net earniugs
Fixed charges
$565,572
289,051
$492,503
287,115
Surplus
Preferred dividend
$276,521
120,000
$205,388
120,000
$156,521
$85,388
—The company is obliged to redeem 5 per cent of its
bond issue by drawings at par yearly from Aug. 31, 1911 to 1920.
Bonds— The first mortgage bonds oover the entire property, subject topayments due the city and the debentures, to retire which $600,000
firsts are reserved. The bonds unissued may be used for new construction at the rate of $35,000 per mile of single track, but Its total bond
issue must not exceed In the aggregate $4,550,000.
Road— Operates 94 miles of track, of which 8 miles controlled; the*
two roads purchased in 1901 will add 42 miles more.
1900.
Tear ending Dec. 31.
Gross earnings
Operating expenses and taxes
Balance
Latest Earnings— For 9 months ending
9 month*.
Gross
Op. expenses
1900
$871,2581 Net
46?,a39 Charges
1901.
..$967,58*
&
1901.
I
taxes 461,607
Net
Sept. 30:
,
$108.019
|49ti.077
1
Bal.surplus
1900.
$496,077
841,730
$108,019
216,238
$264,347
$191,781
Road— Operates
101 miles of tracK.
OFFICERS President, Albion E. Lang. Toledo; See and Treas., F.
Borton. Toledo.— V. 63, p. 1116; V. 69, p. 29; V. 70, p. 39; V. 72,
—
1189, 1239; V. 73, p. 33, 338, 61
8.
p.
4.
TOLEDO BOWLING GREEN & SOUTHERN
TRACTION—A trolley road.
Organization— Incorporated in 1901 as a consolidation, by purchase, of the Findlay St. Ry.. the Toledo Bowling Green & Fremont
Ry. and the Hancock Light & Power Co. of Findlay, O., furnishing
5,000 incauoescent lights and 400 arc lights. The company has a per
petual lease to operate over the Toledo & Perrysburg Belt Line of 22
miles, runninK to and through Toledo and Perrysburg. The Franklin
Bank of Cincinnati offered the bonds for sale in May, 1901.
Outstand'g.
Date Interest.
Maturity.
Bonds—
STOCK
Stock, $1.500,000
$1,500,000
500,000
May 1, 1921
1st mort., $1,500,000, ) 1901 5g.M-^
gold, $1,000, $500.... 5 Int. at Central Tr.A Safe Dep.Co.,Oin.,Trust.
Find. St. 1st. M.. *150,-; 1895 5 g. M-N
116,000
May, 1911
000, gold ($1,000), not Int. at Central Trust & Safe Deposit Co., Cincinnati, O.
subject to call
&
>
>
'
I
Dec. 1. 1924
1899 5 g. J -D
125,000
Central Tr. & Safe Dep. Co., Cincin., Trust.
Interest at Atlantic Trust Co., New York.
Bonds.— Of the new $1,500,000 mtge., $275,000 are held to retire underlying liens and $150,000 for an independent line of 7 miles from
Toledo to Perrysburg when stockholders deem it necessary.
ROAD— Operates from Toledo via Tromley to Jerry City, 35 miles,
and from Findlay to Mortimer, 12 miles of track. Construction is
now under way on an extension from Mortimer to Tromley, 13 miles,
which will be completed in Dec, 1901, thus making a direct line of 60
miles from Toledo to Findlay; 60 and 72 lb. T and girder rails. Owns
15 passenger and 3 express oars.
Earnings— For 9 months ending Sept. 30, 1901, gross, $131,682;
net, $52,896.
OFFICERS— President, George B. Kerper, Cincinnati; Vice-Prest. and
Treas., Henry Burkhold, Cincinnati; Secretary, J. A. Bope, Findlay;
Gen. Mgr., Charles F. Smith, Findiay.— V. 72, p. 676, 822, 874.
Find.
M
1st con.
fci^o.uuu, g0la
St.
'
<
(
TOLEDO FOSTORIA & FINDLAYOrganization— Incorporated in 1900 to build an electric railway
connecting the cities named tn the title, a total distance of 50 miles.
la Aug., 1901, the road between Fostoria and Findlay, 17 miles, was
put in operation and the part of road connecting Toledo and Fostoria
is under construction. Capital stock authorized, $1,500,000; bonds,
$1,500,000, of which $450,000 are reported outstanding. Western
Reserve Trust Co., Cleveland, trustee.
OFFICERS— President, S. W. Croxons, Cleveland; Vice President, E. C.
Deardorf, Toledo: Sec and Treas., Theo. Wentz, Canal Dover-.— V. 72,
p.
;.
Sinking Fund
total
Latest Earnings— From Jan.
Net.
______-^__
TOPEKA, KAN.
Population 1900 was 33.608; in 1890 was 31,007;
and in 1880 was 15,452.
&
BONDS—
Date.
Outstanding.
Maturity.
$1,250,000 f.p
May
1,1922.
1.100,000
Kennedy Tod & Co.,N.Y. City.
Manhattan Trust Co., N. Y. City.
41* «•
( 1892
TonekaRv IstM
Merest at J.
t*l loo ooo^e
<*l
OOOi
o
i
(»j.,luu,uuu)
(5>i,uuu)
c
g.
£
trolley.
Interest.
Stock, $1,250,000 ($100)
Tm8tee i8
M
'S
ROAD—Owns 33^ miles
of trolley, laid with 35 to 52 pound rails.
OFFICERS—President and Treas'r, C. C. Baker, Sec'y. J. G. Slonecker.
TORONTO, CANADA.
Population in 1900 was 250,001; in 1890 was 160,141;
AND IN 1880 WAS 75,110
THE TORONTO RAILWAY-A
trolley road.
1892 and acquired by purchase thf
old Toronto City Street railways and the exclusive privilege to work
street railways in the city of Toronto for a term of 30 years from September 1, 1891 (with the exception of two small reservations in the Act
which are believed to be of no importance), a privilege which has since
been ratified by Act oi the legislature of Ontario. In 1901, purchased
the Metropolitan Rv. Co. of 30 |miles, extending from Toronto to
Newmarket a> d the Toronto Suburban Ry of 12 miles, running from
Toronto Junction to Weston and Lampton Mills. The capital stook was
increased from $6,000,000 to $7,000,000 to provide for the purchase.
Payments to the City— As to annual payments to the city, see Supplement of May, 1898.
Organization— Incorporated
Stock
&
Bonds—
'
TORRINGTON, CONN.
Population in 1900 was 12.453; in 1890 was
and in 1880 was 3,327.
TORRINGTON & 'WINCHESTER'!
Orqanization— Incorporated March
erated from July
1,
1897.
Stock & BONDS—
Date.
Stock, $1,000,000 (par $100)
1st
mortgage,
in
Interest.
6,048;
SRY-
ST-
1897 under special act.IOpServes a population of about 20,000.
1,
Outstanding. Maturity.
Interest.
$200,000 f. p
1897 5 g. J-D
150,000
Decl.'lT
<Int.atHurlburtNat. Bk .Winsted, Conn.
$150,000,
<
gold
o*
Trustee of the mortgage is State Treasurer of Connecticut.
ROAD— Torrington to Winsted, 13 miles of trolley, of which 10 milesbuilt on private right-of-way. Equipped with 56-lb.'4-in.T rails.
Earnings— For year ending June 30, 1900: j Gross, $42,413 ;Tnet,
$14,317; interest, $8,443; taxes, $1,903; bal.^sur., $3,971.
a
Officers—President, James Alldis, Torrington; Vice-Prest., George
B Alvord, Torrington; Secretary & Treasurer, S. A. Herman, (Winsted. General offices, Winsted, Conn.
,
,i
.
TROY,
N. Y.
Population 1900, 60,651; in 1890 was
TROY &
was
60,956," and in 1880
56,747.
NEW ENGLAND RY.-A
trolley'road.
Organization— Incorporated Dec 27,1889. Population
in
1901
(estimated), 75,000.
Interest.
STOCK and Bonds— Date.
Oulstand'g.
Maturity.
Stock, $350,000 ($100)
$180,000
1st mtge., $160,000, > 1895
5g. F.-A..
160,000
Aug. 1,1945
gold, $500
5 Interest at office of company, Troy, N. Y.
Road— Total track, including sidings, 10 miles, standard*gauge, laid
with 651b. rail, running from Albla to Averill Park.
w%8WlC£ -4
Earnings— For year ending June 30, 1901, gross, ,*$27,781; 'net,
$12,041; charges, $10,215; surplus $1,826
In 1900, gross, $26,768;
net, $12,279; charges, $10,306; surplus, $1,973.
OFFICERS— President, Edw. F Murray; Sec'y-Treas., R. C. Bulk
Supt., A. W. Bmtley, all of Troy, N. Y.
'
.
,
Population 1900 was 5.094 in 1890 was
AND IN 1880 WAS 2,418.
;
Outstand'g. Last div., etc.
Stock (par $100)
Toronto St. Ry. debens.
$7,000,000 f.p. See text.
1881
6 JJuly 1,1914
600,000
lstM.,$4,550,000$&£< 1891
4^g. IT
2,200,000 Aug. 31, 1921
$35,000 p. m
c* ( T'stees, G. A. Cox, To'nto, & R. B. Angus, Mont.
If Interest and principal on sterling bonds payable Feb. 28 and Aug.
31 at Bank of Scotland, Lothbury, London, E. C.
4,215';
TUSCALOOSA BELT RAILWAY-A steam road.
^
ORGANIZATION— Chartered July 5, 1889.- Stock, $100,000; 1st mortgage, 5s, gold, J-D, $100,000, due June 1, 1918. Interest is payable
in New York at Knickerbocker Trust Co.
>-m|
bkij-f
m
»s
Operates about 6 miles of road. In March, 1901, it was reported that
the road would be changed to electricity during 1901. President, W.
C. Jemison;
Sec and
Woolfolk, 35 Wall
Treas.,
St.
W. Monnish;
— «
F.
Gen. Man.,
UTICA,
J.
W.
';
_
N. Y.
Population 1900 was 56,383 in 1890 was 44,001
;
and
in 1880
was
33,914;
MOHAWK VALL E Y RY
Organized on
UTICA &
.-Troiiey
Sept. 27, 1901, as a [consolidation of the U tica ueu
Line St. RR., the Utica
Suburban Ry the Utica & Mohawk
RR., theUtica & Deeriield Ry. and the Herkimer Mohawk Dion &
Frankfort Elec. Ry. This latter road in Nov., 1901. was authorized to
increase its capital stock to $3,500,000. This, however, is simply a
preliminary step, as the consolidated road will take the name of
Utica & Mohawk Valley.
&
,
The UticaBelt Line St. RR. was chartered June 18, 1886, and owned
the principal street car lines in Utica and adjoining villages. It leases
and operates a portion of the Clinton & Binghamton RR. at a rental of
$15,000, the lease being dated 1886 and running 99 years. In Jan., 1897,
the stockholders voted to lease the railroad and parks of the Utioa
Suburban Ry. for 99 years (rental interest on its 5 p. c. bonds), including the line already built between Whitesboro and Oriskany and
proposed extensions of 19 miles. The Utica Belt guarantees 5 p. o.
on an additional issue of $300,000 1st mortgage bonds. V. 70, p. 231..
NEW SECURITIES TO BE ISSDED.
Date. Interest. Outstand'g. Maturity.
Stock and Bonds
Stock, common, $2,500,000
(?)
—
»5took, pref.,
$600.000
(?)
1901 4i«g.M.S
(?)
UTICA BELT LINE STREET RAILWAY.
1st mort., $4,000,000, gold.
Stock
&
Bonds—
Dale.
Com. ($150,000) ($100.)
Pref. ($150,000) ($100)
Interest.
Sept. 1,1941
Outs'd'g.
Maturity.
$150,000f.p
150,0O0f.p.
IstM. ($500,000) gold
1889 5 M-N 500,000 Nov. 1,'39
2d M. ($200,000) gold
1891 5 J-J
c
200,000 Jan. 1,1931
Utica Suburban 1st mort..)
gold, $50,000, guaranteed
1897 5g. M-S
50,000
1937
($500 each)
Utica & Suburban new 1st)
1901
M-S
250,000 Mch. 1,1941
mortgage, $300,000 gold, Interest at New York Security & Trust
guar, by Utica Belt
Co., New York, Trustee
Interest at N. Y. Security & Trust Co. (trustee), N. Y. City.
Stock- Preferred stock is non-cumulative and only entitled to dividends when earned as follows: For two years from May 1st, 1896, at
5 per cent and thereafter at 6 per cent.
Bonds— 2nd M. bonds drew interest for 4 years from July 1st, 1894, at
4 p. c, and there after at 5 p. c. Sec. mtge. bonds are $500 each. Of
the new $300,000 Utica & Suburban mortgage, $50,000 is reserved to
\
]
.
•
J
'
Date.
31.
Dividends.
TUSCALOOSA, ALA.
,
TOPEKA R AILW A Y-Mostly
Charges
Pav'g
Surplus.
1»C0.. $1,501,001 $775,901 $321818 $240,000 $64,000 $150,1631899.. 1,335,542
650,325
217,455
240,000
64,000
128,870'
OFFICERS— President, William Mackenzie; Vice-President, James
Ross; Manager, E. H. Keating; Secretary and Treasurer. J. C. Grace.—
V. 73, p. 664, 844.
Oross.
RY.-Trolley.
Control of this road has passed to the Everett-Moore syndicate.
Organization, Etc.— Chartered in 1894 to build a street railway
from Toledo to Perrysburg and Maumee. Capital stook is $300,000.
First mortgage Is for $300,000 of 5 per cents, dated 1895, due 1920;
Interest M. & S., at Metropolitan Trust Co., New York, trustee.
ROAD— Owns 14 miles of track, entering Toledo over tracks of
Toledo Traction Co. 8 miles, under perpetual traffic agreement; 56- lb.
rail; 22 cars.
Constructed a new power plant to utilize water
power 9 months of the year, but during 1900 water power was actually
used for 11 months. The Toledo Waterville & Southern RR. forms an
extension to Waterville of 6 miles.
OFFICERS— Pres., A. K. Detwiler; Vice-Pres., G. G. Metzger; Sec, G.
K. Detwiler; M'g'r and Pur. Agent, C. A. Denman, 106 Summit St.
V. 73. p. 723.
STOCK
Aug. 31, 1901, gross, $1,047,892;.
Earnings— For calender year ending Dec
481; V. 73, p. 392.
TOLEDO & MATJMEE VALLEY
1 to
in 1900, $949,676.
:
STREET RAILWAYS.
38
mortngt bonds
new sxtMuuona
retire 1st
the
of like
Stock
STOCK, BONDS, ETC.—
Stock. $250,000
1st
MOHAWK
KAIl ROAD.
Miles. Date. Interest. Outstand'o.
UTICA A
'
1890 5
75,000 Julyl,1910
20.000 Nov. 1,1910
BM-H
l^'Hi
•.000
J-J
g.
HKRK1MKK MOHAWK Il.lON ,t FKANKFORT ELECTRIC KY.
Maturity.
Date.
Interest. Outstanding,
Stock & Bonds—
>
hi
ni:
I
Bonds—
ii
&
Traction
n
Date.
Electric.
Outstand'o.
Rate.
Maturity.
Stock (auth :* 12.000,000)
$11,200,000
1st mort. collateral trust* J 1899 4^a g. J.-D. 12,391,950 June 1, 1949
gold, $20,000,000
) Int. at U. 8. Mtg. & Trust Co., N. Y., trustee.
OFFICERS— President and Rrceiver, Allan L. McDermott; Vice-President. Oe rge H. darties; Treasure W. F Ham; Secretary, James B.
Lackey.— V. 68, p. 1027, 1134. 1184. 1282; V. 9, p. 1013; V. 70. p.
1293; V. 71, p. 1068; V. 72, p. 1137, 1189; V. 73, p. 392, 495, 554, 786,
844, 1012.
,
t
$150,000
JJ
&
,
Maturity.
$.V2, 100
mortgage, gold
Stock, $150,000 1*100)
,"
uiort., jfeisoooo
1sttml)rt
friDO.ooo....
Wa
amount, and balance to be used for
(1
ANACOSTIA & POTOMAC RIVER RR.—
May 1.1925
150.000
Tr Co<> N \\,Trust.
£ ln( at Farmera Loan
ROAD— The consolidated road o«us and operates about 37 miles of
track. Extensions arc proposed to Rome. 7 miles; to Frankfort, 7
The Washington Traction * Electrio owns 39,865 out of the
40,000 shares of stock. Changed from horse to underground electric.
miles and to Little Falls, 8 miles, all double track; single-track extensions are to Clinton. 5 miles, ami to Clayville. 9 miles, making a
New M.
J
1896
5
-
.
lfe
toal of
milts,
-IS
and when completed
.
total trackage will be
about 85
miles
OFFICERS— President. Thomas R. Proctor;
STOCK
&
BONDS—
Miles. Date. Interest. Ontstand'g. Maturity.
2775
Stock au.,$2,000,000($50)
$3,000,000 g...o* <
($1.(.00)
68, p. 426, 773, 824.
—V.
Horace E.
vice-Pres..
At drews; Trees., Chas B. Rogers; Sec, Henry W. Millar; General
Manager. .T. J. Stanley; Auditor. Arthur L. Linn Jr.— V. 63, p. 503;
V. 65, p. 568; V. 70, p. 231; V. 72, p. 243, 62-, 1189; V. 73, p. 288, 723.
)
$2,000,000
2,250,000 Apr.1,'49
Int. at Baltimore Tr. & Guar. Co., Trustee.
1899 5g A-O
J
BRIGHTWOOD RAILWAY.— A trolley road.
(2)
The Washington Traction
Electric
<&
&
STOCK
BONDS—
IstM
Population
1 c 00
and
—V.
20,686; in 1890 was 13,067,
1880 was 7,295.
CITIZENS' RAILWAY.-A trolley road.
Date. Interest. Ontstand'g.
Stock & BONDS—
WASHINGTON TRACTION & ELECTRIC1901, defaulted in the payment of interest
on its collateral trust bonds, and June 2, 1^01, Allen L. McDermott
was appointed receiver. A plan of reorganization, submitted by a
committee composed of Messrs. George W. Young, John Crosby
Brown, James Timpson, W. H. Hollister and Gardiner M. Lane, has
been approved by the security holders. Under this plan the collateral
mortgage is to be foreclosed (a decree of foreclosure having been entered in November, I9ul), and the property transferred to a company which will probably take the name of the Washington Street
Railways Co. V. 73, p. 554. This successor company will be capitalized as follows:
Fiftu bear mortijaQt 4 per cent gold bonds, interest payable each
817,500.000
7,393.100
672.000
327,^50
1,600,000
8,500.000
6.500,000
Electric Co. are to be
The securities of the Washington Traotion
exchanged for those of ihe new company upon the following terms:
Por each 11,000 6 md 4550 new 4s; $560 new preferred stock; $200 new common
<fe
share of stock on payment of
$9:
$9
new
pref. stocks; 30
new com-
to
alone are operating, or authorized to operate, in the national capital.
The railroad companies have 152-33 miles of track (all under electric
traction, while the Electric Light Companies have 72 miles ol sub
ways with about 400 miles of ducts being added to each day, besides
many miles of overhead wires. The following shows the total outstanding sto'-k of the companies controlled and the amount- of
the shares acquired in each instance by the Washington Traction &
Electric.
Same of Company —
-opolitan
RR
Capital
Mileage.
22-67
13-88
Columbia Railway
27-75
Anacostla & Potomac
880
Georgetown & Tennallytown
1190
Brightwood Railway
Washington Woodside <fc Forest
n
Washington & Great Falls
Washington & Rockville
City <k Suburban Railway
Washington & Glen Echo Ry
Total Railroads
Lighting
United States Electric Lighting
Potomac Elec ric Power
—
Total lighting
all
(4)
Traction
A
STOCK
&
companies
2-90
13-62
10-11
3180
757
Total
Share*
shares. Acq'ued
stock.
$997,750
400,000
2,0(0,000
200,000
108,550
25,000
86,800
50,000
1,750,000
200,000
572, 619, 773.
p.
Electric
owns 3.0S2
BONDS—
19,955
8,000
40,000
4,000
2,170
19,913
8,000
39,865
3,123
2,164
1,000
1,000
868
868
1,000
35,000
4,000
1,000
30,602
3,943
15232 $5,818,100 115,993 110,478
.Stock.
No. Shares.
Acqfd.
$1,095,400
1,000,000
10,954
10,000
10,668
10,000
$2,095,400
20,954
20,668
$7,913,500
1^5,947
131,146
In Feb., 1900, the total amount of bondi outstanding on the above
properties was $9,9 4,100, of which the Washington Traction & Electric owns $1,288,000.
In ihe suit of the U. S. Mortgage <k Trust Co. Allen L. .McDermott
was on Oct. 11, 1901, appointed receiver of the City <fe Suburban Ry.
In the following we show the outstanding securities of the Washton Traction <k Klectrlc and those of the constituent companies
Washington
of the 4,000 shares of stock.
Date.
Interest.
$50
1894
1896
Oxitstand'g.
F-A
F-A
6
6
Maturity,
$200,000
70,000 Feb.
30,000 Feb.
1,
1,
1904
1904
(5) METROPOLITAN RR.— Underground electric.
Thr Washington Traction & Electric owns 18,5? 6 of the 20,000
shares of stock.
&
STOCK
1
'
BONDS -
000 000
'
^IsO)*
Date.
Interest.
'^!--
Outstanding.
Q- J
Maturity.
$997,750
1st M.,$l,856',6o6igoYd< 1895 5 g F-A
Feb. 1, 1925
1,850,000
Not subject to call.c* \ Int. at Bait. Tr. & Guar. Co., Trustee, Bait.
Collateral trust bonds, \ 1892
6 J -J
1,000,000
July 1, 1901
sonvertible
\ Int't at National Bank Republic, Washington.
250,<»00
Certs, of indebt
1896 6 A-O
Oct. 1,1906
Certs, of indebt
1897
250,000
Junf 1, 1907
A
B
—V.
J&D
63, p, 459; V. 68, p. 572, 619, 773, 824, 1133.
WASHINGTON & GREAT FALLS ELECTRIC RY.-A
(6)
trolley
road.
Electric
owns
entire s^ock, 868 shares.
Capital stock, $86,800; 1st mortgage 6h, $400,000.
(?) CITY & SUBURBAN RAILWAY.—Underground electrio and
overhead trolley. The Washington Traction & Electric Company
owns 30.602 shares out of 3\000 shares. Stock. $1,750,000; par
value $50; all issued. Bonds, flr»t mortgage 5 per cent gold, $1,750,000. Date, August I, 1898; interest payable February and August
The
at Baltimore Trust & Guarantee Co.; maturity August 1, 1948.
bonds have a sinking fund of $25,000 yearly from any surplus remaining after payment of 6 p. c. on the stock, but cannot be called.
(^)WASHINGTON WOODSIDE
POWER CO.— Overhead
<fe
FOREST GLEN RAILWAY
The Washington Traction
<fe
Eleotric Company owns 1,000 shares. Stock, $.5,000; par value, $25; all
outstanding. Bonds, $40,000 first mortgage 6 per cent; interest payable June and December at Washington Loan & Trust Company.
(9)
be held in a voting trust for five years
and until the preferred stock shall have received 5 per cent dividends for three consecutive years. A syndicate has agreed to purchase for cash $672,000 of the new bonds It is proposed also, though
of the plan, to consolidate the United
it Is not an esssent'al part
States Electrio Lighting Co. with the Poto.nac Power Co., and a mortgage for $2,500,000 may be placed on fiese plants to take up the existing bonded and floating debt on the same, and for future uses.
The Washington Traction * Electric Co. controls the principal street
railroads In Washington and the two Electric Light Companies, which
Both classes of stock are
Total
;
GEORGETOWN & TENALLYTOWN RY.—The
7,607.650
vided In the mortgage
Preferred stock, 5 percent, cumulative after June 1. 1904; also
preferred in liquidation to the amount ol its par value, together with all accrued dividends
mm©n stock
Q-M $400,000
1894 6 A-O
500,000 Oct.1,1914
Int. at American Sec. & Trust Co., trustee.
1898 5g.AO
400,000 Oct. 1, 1914
Interest at Amer. Sec. & Trust Co., trustee.
The Washington Traction &
In treasury until used to retire underlying bonds of
prooerties acquired (except the funded debt of the United
States Klectrlc LUhtii g Co. and the Potomac Elec. Power Co.)
To depositing bondholders oi Traction Co., 1550 tor each $1,000
bond deposited
Solo to a syndicate, subject to the nght of participation of depositing bondholders
For acquisition of outstanding securities, additional prop'y, etc.
To remain In the trea-ury until .Issued, under limitations pro-
stuck.
Fur each $l r
stock.
Notsubjectto call.c.
67, p. 788 V. 68,
—V.
Interest. Ontstand'g. Maturity.
Date.
1388
Not subject to call.o.
Ext. M., $500,000. g
1.
To remain
<",
Miles.
lstmortgage.
2d mortgage
D. C.
months
BONDS—
Stock ($400,000) ($50)
1st M. ($500,000) cur.
Stock, par
;
six
&
STOCK
Maturity
Population 1900 was 218,196 in 1890 was 188,932;
AND in 1880 WAS 147,293.
company on June
COLUMBIA RAILWAY.—Underground electric.
& Electric owns all the stock.
The Washington Traction
—
This
(iM-N
$108,500
250,000 Oct. 1, 1912
100,000 Deo. 1,1907
67, p. 1355.
(3)
Stock
$350,000
1890 6 A-O
1st mortgage, currency...
350,000
Oct. 1, 1910
Trustee is St. Louis Trust Company of St. Louis, Mo.
Road Operates about 19 miles of track. V. 66, p. 84.
Officers— President and General Manager, H. C. Scott; Secretary,
T. H. Stuart.— V. 66, p. 84.
WASHINGTON,
6A-0
1892
1893
116
119 10
General mtges
was
in
of the 2,171
Miles track. Dale. Interest. Ontstand'g. Maturity.
Stock, par $50
WACO, TEXAS
owns 2,164 out
shares of stock.
—
trolley.
<fe
WASHINGTON A ROCKVILLE RAILWAY CO.— Overhead
trol-
Company
&
Electric
owns all the capley. The Washington Traction
ital stock.
Stock, $300,000 authorized, par value $50; $50,<>00 issued; bonds, $4.'- ,000 5 p. c. 1st mortgage, dated Nov. 15, 18*7, pay-
able Nov. 15, 1902.
Interest payable at
West End National Bank.
WASHINGTON & GLEN ECHO RR.—
Road— Owns 5^ miles of double (11 miles single)
(10)
track, from Cabin
John Bridge to Chevy Chase Circle in District of Columbia. The
Washington Traction & Electrio owns 3,902 of the 4,000 shares of
stock.
STOCK
&
BONDS—
8tock (par $50)
1st mortgage, gold
Date.
1896
o*
Interest at Washington L.
& T.
Maturity.
Interest.
Ontstand'g.
6g.J-D
$200,000
200,000 June
1,
1916
Co. (D. C), trustee.— V. 63, p. 716.
TRANSITBALTIMORE & WASHINGTON
road extending from Takoma
Oroanization.— Operates a trolley
Glen Sligo. 2 miles, opened Sept., 1897, and by a traffic agreement
with the Brightwood Electric runs cars into Washington, where transfers are given to city lines. Extension proposed to Sandy Spring, Md.,
14 miles. Stock, $100,000; par, $50. First mortgage 5s. $500,000,0"
($50(M, of which only $50,000 has been issued; interest A-O; balance
can only be issued upon completion or extensions and double-tracking.
Guardian Security Trust <fe Deposit Co., Baltimore, Trustee,
r WashingOfficers— Pres., T. William Harris, 1335 " P" St., N.
Sec-Tres., Jos. A. Gilpin,
ton; Vice-Pres., A.W. Williams, Baltimore
of Baltimore, Md.
to
W
j
;
CAPITAL TRACTION.-An underground trolley road.
Organization— In the fall of 1895 absorbed the Washington <fc
Georgetown and Rock Creek companies. See V. 61, p. 283,328, 588.
STOCK
& BONDS—
Htk,$i2,ooo,ooo ($100)
New
Date.
Interest.
Text.
4 A-O
Maturity
Outstanding.
See text.
$12,000,000
1,080,000 Apr. 1,1920
1st M. ($500), $l,-> 1900
JNat. SafeDep. Savings* Tr. Co., trustee.
500,000
Bonds- Of ihe new mortgage dated Apt 11 1, 1900, $1,080,000 was
issued to retire $l,000,00o 1st mtge. 5s due Jan. 1, 1903 (which had
been pledged for loans) and $80,000 floating debt; the balance, $420,000, is reserved for future requirements.— V. 70, p. 791.
Dividends—In 1895, 1 p. c; in 1896, 3»sp.c.; in 1897,July, 60centu
per share; Oct. 1, 65 cents; in 1898, July 1, 75 cents; Oct. 1, 75 cents
in 1899, 4 dividends of 75 cents each; in 1900, Jan., 75 oents; April, 1
p. c; July, 1 p. c; Oct., 1 p. c; in 1901, Jan., 1 p. o.; Apr., 1 p. o.; July,
;
1 p. c.
and
Oct., 1 p. 0.
}
.
STREET RAILWAYS.
Road—Underground trolley
-
1898.
1899.
1897.
in
$993,177
$908,839
Gross receipts
330,637
202,042
Net earnings
479,962
269,961
Dividends paid
209,958
'After deducting $41,709 paid in 1900 for interest on bonds.
Officers— President, G. T. Dunlop; Vioe-President, C. C. Glover;
Secretary and Treasurer, C. M. Koones; Chief Engineer and Superintendent, D. 8. Carll. General office, Washington.— V. 66, p. 38; V. 69,
p. 954 V. 70, p. 175. 429, 583, 791.
$1,124,434
407,833
359.950
;
WASHINGTON
ARLINGTON & FALLS
RY--A
CHURCH
Chartered 1894-6-8 as the successor
the Washington & Arlington
trolley road.
of
Stock, $100,000; bouds. $100,000 1st 6s, gold, int. J&J. Owns
Aqueduct Bridge to Fort Myer, Arlington National Cemetery, Corbetts and Nauok, 4-2 miles; also to West End and Falls Church, Va.,
7 2; total 11 4 miles. Standard gauge and steam RR. track. Pres.,
C. S. Hinchman; Vice-Pres and Gen'l Mgr., F. B. Hubbell; Sec. and
Treas., C. R. Hinchman.
Ry.
WATERBURY, CONN
CONNECTICUT RAILWAY & LIGHTING
CO.— For statement of this company see Bridgeport, Conn.
WATERTOWN,
Population
was
1900
and
WESTWOOD,
MASS.
Population
1900 was
(since Apr.'98) double track, 17 98niile8.
i»oo.
$1,161,964
*523,403
Earnings—
WESTERN STREET RAILWAY
NORFOLK
road.
— An
electric
May
1899. Runs between Dedham. Westwood and
StocK, $100,000, all issued; bonds, $100,000,
5s, gold, due Aug. 1, 1919. All outstanding.
Earnings -For year ending Sept. 30, 1900, gross, $23,802; net,
$5,589.
Officers— President, John F. Merrill, Qulnoy; Treasurer, Fred. S.
Gore, 54 Kilby St Boston.
Line opened
9,
9-7 miles.
Medfleld,
MEDFIELD & MEDWAY
(1)
ST.
RY.— Electric
miles: opened June 27, 1900.
Slock, $100,000, issued. Bonds,
$100,000
WESTERLY,
Organization— Successor in Dec, 1897, to Watertown & Brownvill©
Ry., foreclosed. Ten miles of trolley. In December, 1900, was consolidated with 'exter & rownville and stock increased to $105,000.
Funded debt, $55,0«>0 5s due Jan. 1, 1918. Earnings: For year end-
St.
ing June 30,1901: Gross, $5- ,973; net, $10,136; other income, $1.1 il;
balance, surplus, $5,627.
Officers Pres., Julius
A. Lebkuecher. Newark, N. J.; Vice-Pres. H. F. Inglehart; Treas.,
N. P. Wardwell; Sec'y, Geo. H. Walker, Watertown.
—
5s, gold,
R.
FAWCATUCK VALLEY
Date.
&
WATERVILLE, ME.
BONDS—
ST
Interest.
Date.
Interest. Outstand'g.
Last div., etc.
$200,000
1897 5M-N
40,000 May 1, 1937
(
1897 5 M-N
200,000 May 1, 1937
and Class "B"
American L. &T., Boston, trustee.
(
Road— Operates 4-75 miles of trolley between Fairfield and Waterville, and furnishes light and power for miscellaneous purposes.
Earnings— For years ending June 30: In 1900, gross (Electric Lt.
Street Ry.), $43,559;
$1,035.
net,
$13,895; charges, $14,930;
deficit,
M
;
WAVERLEY,
WAVERLEY SAYRE
A
TION CO.—
trolley road.
Jan. 1, 1901, as a consolidation of
Organization — Reorganized
the Wheeling Ry.. the Bellaire Bridgeport & Martin's Ferry Ry. and
Wheeling
Ry.
Company owns a trifle
the Moundsville Benwood and
over thirty-nine fortieths of the capital stock of the Citizens' Street
Railway Company, and leases same for 99 years.
Stock
&
Bonds—
Date.
Interest.
Outstanding.
N. Y.
2,270.
ATHENS TRAC-
&
Last
div., (6c.
$1 825 000
Stock, $2,000,000, $100
Wheeling Trac, 1st M.,
196i 5g.'j-J
l|324',000
Jan 'i| 1931
West. Reserve Trust Co., Cleveland, Trustee.
*2,500,000 $1,000,
c*; Interest at Nat. Bank of Commerce, N. Y.
$500, gold
1912
Wheel. Ry. lstM.,$500,- 1892 6g.M-S
500,000
000, gold, $1,000.. c* Int. at Central Trust Co., trustee, N. Y. City.
Bel. Brdpt. & Mart'ns 1893 6g. A. O
150,000
Oct. 1, 1913
Fr. 1st M., $150,000, > Sub.to call on any A&O on & aft. Oct. 1, 1908.
c*&r Int. at Farmers' Loan & Trust, N.Y. Trustee.
g., $1,000
1897 6 A'°
Oct. 1, 192T
100,000
Mounds
Wheeling * SuD
Mounds, Ben
.ben. & Wheeling
^
j ect to call at par after April 1( 1908
Bonds—Of the new $2,500,000 mtge. $750,000 is reserved to retire
outstanding prior liens. Bonds can be called on any interest day at
105 upon 30 days' notice.
Road— Operates SS^ miles of track in Wheeling and suburbs, its lines
extending to Bridgeport, Moundsville, Bellaire, benwood and Martin's
1
,
)
Officers— Pres., Geo. K. Boutelle, Waterville Treas., H. D. Bates,
Waterville; Gen. Man.. W. S. Wyman. Waterville, Me.— V. 65, p. 1027.
Population 1900 was 4,465; in 1890 was
Maturity.
See text
WHEELING, W. VA.
Stock (par $100) ($200,000)
Prior lien bonds
Consol. mortgage. Class "A"
&
trolley road.
Population in 1900 was 38,878; in 1890 was 34,522;
AND in 1880 was 30,737.
to
the bondholders the right for five years, or until the company shall be
In a position to meet all its fixed charges, to elect a majority of the
board of directors, the bondholders, in turn having exchanged their
$200,000 of t per cent bonds for a like amount of 20-year 5s.
Bonds—
Y.-A
R
Outstand'g.
$75 000
WATERVILLE & FAIRFIELD RY. & LIGHT. WHEELING TRACTION-A
give
Organization— In December, 1897, the stockholders agreed
on
&
I.
~N
1894
1914
5
100,000
lnt .inBostonatAm .L. &Tr. (mort.tr' stee).
ROAD— Operates 6 miles of track laid with 90-lb. and 50-lb. T rails in
Westerly, R. I., and suburbs, extending to Watoh Hill.
DIVIDENDS— In 1896, 4 p. c; in 1897, 3 p. c; in 1898, 2»2p. c; in
1899 and 1900 no dividends were paid.
Earnings—Year ending June 30, 1900, gross, $18,976; net, $8,750;
charges, $6,039; balance, $2,711.
OFFICERS— President, William Hoxsey; Sec. and Treas., E. P. Shaw,
Jr.; Gen. Man., E. P. Shaw Jr., 8 Congress St., Boston.
Population 1900 was 9.477; in 1890 was 7,107;
and in 1880 was 4,672.
STOCK
due Aug., 1920.
Population op town 1900 was 7,541; in 1890 was 6,813,
and in 1880 was 6,104.
M
BLACK RIVER TRACTION CO.-Trolley.
road.
An extension of Norfolk Western St. Ry. from Medneld into town of
Franklin, Mass., mailing total length from Dedham to Franklin 20*3
Stock, $75,000, $100 par
1o
, M., ifriuu.uuu,
tmnnnn goia
™ih .-c^
o 5
1st
21,696; in 1890 was 14,725;
in 1880 was 10,697.
C uirges, $5,620;
1,112.
(Part of Dedham.)
STOCK
Y.
N.
89
Ferry.
trolley road.
ORGANIZATION— Incorporated Jan. 23,1893; stock, $200,000; 1st
mortgage, $150,000, 6s, J&J, due Jan. 1, 1925; $150,000 issued.
Operates 9 miles of track from Athens, Pa through Sayre to Waverley,
,
OFFICERS.—President, T H. Conderman; Vice-Prest's , B. W. Peterson and J. J. Holloway; Sec. and Treas., W. A. Shirley; Gen'l Mgr.,
L. S. Kirker.— V 62, p. -^79; V. 67, p. 647, 802; V. 70, p. 77; V. 71, p.
1168; V. 72, p. 88.
President, A. N. Broadhead
;
Sec.
and Treas., A.
Wade, both
C.
of
Waverley.
trolley road.
WEBB
Population 1900 was
and
CITY, MO.
9,201; in 1890
in 1880 was 1,588.
was
5,043,
RAILWAY.-A trolley road.
Organization, Etc.—A consolidation on August 21, 1896, of the
South M. Elec. RR.. Jasper County Electric and Joplin & Galena Electric Ry. In 1900 the company reported population of places along its
route as 85,000.
&
BONDS—
Date.
Interest. Outstand'g.
Stock, $800,000, auth
Webb
Maturity.
$800,000
Mortgages—
1893 6g. M-S $200,000 Mar. 1, 1913
> Subject to call on Mar. 1, after 1903.
c*
$200,000, g., $500....
) Int. at Cent. Trust Co., trustee, N. Y. City.
Joplinto
terville
Joplin
City, Car-)
and Prosperity,
& Galena Elec RR
JWrtn
to
1896
eg J-J
G^tena
gold i< Subject to
Galena, gold,
-
call
$120,000 July 1, 1926
on July 1, after 1903.
'
-p^
&
underlying
liens.
ROAD— Owns and operates
Carthage
Elm
Extension from
Triadelohia to Valley Grove, 4 miles, to be co upleted by Feb., 1902;
and from Valley Grove to West Alexander, 5 miles, to be built during
oars.
1902.
S^c. and Treas., Wm. Carle;
66, p. 185; V. 72, p. 392, 582.
OFFICERS-— President/Paul O. Roymann;
General .Manager, W.
. f
1896 6g. J-J
$180,000 July 1, 1926
I Subject to call on Julv 1 after 1903.
9
M
;N
$300,000 Noy 11 92*
Southw. Mo. Electric Ry. f *r ? t «Snnii i Subject to call on any Nov. 1st after 1902.
2d mnrt <™iri *
«i1,uuu,
1lnt. at Nat. Bn.of Commerce, N.Y. Trustee.
$300 000
[ Mississippi Valley Trust Co., St. Louis.
Road— Operates 40 miles of track connecting Joplin, Webb City,
Carterville, Carthage, Prosperity, Mo., and Galena, Kansas.
Earnings- For year ending Aug. 31, 1901, cross, $203,630; net after
deducting taxes, $81,236; interest, $45,750; balance, 8urrilus,$4%486.
In 1900, gross $213,865; net, alter deducting taxes, etc., $89,405;
interest, $35,250; bal nee, surplus, $54,155.
Officers—President and Treasurer, A. H. Rogers, Joplin, Mo.; VicePres.. E. Z. Wallower, Harrisburg. P*.; Secretary, A. G. Knlsely, of
Hamsburg, Pa.— V. 67, p. 843; V, 69, p. 852.
16-29 miles of track from Wheeling to
Grove and Triadelphia; operates 30 motor
S.
Wright—V.
WICHITA, KAN.
,
Carterville to
($500)...
is
Stock, $150,000 ($50)
$67,800
Underlying liens
214,000
1st mortgage, $1,250,000) 1901
5 A-O
495,000 Apr. 1,1931
($1,000, gold
c' $Int. payable at Wheeling Tit. &Tr Co., trus.
Bonds—Of the $1,250,000 issue, $214,000 are reserved to retire
TrU8tee8( Cenn
Co New Y ork, and
Mississippi Valley Trust Co. St. Louis
1
<<R500>
l
*
(
a consolidation of the
Grove
Ry. Co.,the Suburban Ry. Co., the Wheeling Park Association and the
Suburban Light & Water Co.
Date.
Interest. Outstanding.
Maturity.
BONDS—
STOCK
Organization— This
SOUTHWEST MISSOURI ELECTRIC
Stock
RY.-A
WHEELING & ELM GROVE Wheeling
&Elm
<
Population 1900 was 24,671; in 1890 was 23.853, and
in 1880 was 4,911.
WICHITA RAILROAD & LIGHT -A trolley road
and lighting plant.
'
WEBSTER, MASS.
1890 was
Population 1900,
and
8.804; in
in 1>?80 was 5.696.
7,031,
WEBSTER & DUDLEY STREET RR.-A
trolley
road.
.Organization— Incorporated
in 1897.
Commenced
operation June
lo, 189«. capital stock authorized and issued, $50,000. Bonds authorized, $30,-. 00, 5 p. c 20-year; issued $20,000.
Road— Owns and operates 5-22 miles of track in and between the
towns of Webster and Dudley.
OFFICERS—President, L. R Eddy; Vice-Prest E. N BUelow: 8eo'y,
C. Haggerty; Treas. Mgr., Supt. and Purch. Agent, J. B. Potter.
,
Organization— Chartered May 1, 1900, for 20 years, and is successor
to the Wichita Ry. Light & Power Co. and the Wichita Electric Ry.
Light Co. Has 20-years franchise and contract for city lighting (1S&
&
arcs).
&
Outstanding.
Maturity.
Interest.
Date.
Stock
Bonds—
Stock, $300,000 ($100)
$300,000
April,
1920
200.000
1st n tge., $300,000 ) 1900 5 g. A-O
($1,000), gold
c5 Int. at Portland Tr. Co., Portland, Me., Trust.
Bonds—Bonds are subject to call at 105 on reasonable notice.
ROAD— Owns 16 miles of trolley track in Wichita, Kansas.
OFFICERS— President, Geo. F. Duncan, Portland, Me.; Sec'y-Treas.,
Edw. Woodman, Portland, Me.; General Manager, S. L. Nelson.
WILLIAMSPORT, PA.
Popdlation 1900 was 28.757; in 1890 was 27,132;
and in 1880 was 18,934.
VALLAMONT TRACTIONwas formed May
15, 1894, under an
Organization— This company
agreement for consolidating the Vallamont Passenger Railway Company, the Junction Passenger Railway Company, the Centre & West
End Passenger Railway Company and the Citizens' Passenger Railway
Company. Operates the South Side Passenger Ry. Co.; stock, $25,000v
—
;
.
STREET RAILWAYS.
90
Stock
&
Bonds— June 30. 1901.
Stock iVal. Trae.l
South Side bonds, 6a
$101,700
25,000
lOO.OOO
Bonds (SO-yenrte)
Road—
Owns (65
Miles.
3-6
Hi. rails)
&
1-8
Leasee
S. P. Ry
Officers— Pres., J. Hy.Coohran;
Sec. and Gen. Man., E. H. Davis.
Earnings— Fiscal year ending .Tunc 30.1901: Gross, $33,538; net,
$11,774; interest and taxes, $9 086; surplus, *2,678.
WILLIAMSPORT PASSENGER
Stock
Stock
&
end. June 30.
1900-01. 1899-00
Earnings— Year
Bonds—
$600,000)
$338,5 50
June 1. 1922
169,000
accounts payable. 56.030
Dividends Jan., 1893, - p. c;
1893-94, 6 p. o.; none since.
t
6s, due
Bills A-
Road Owned— 8
RY. -Trolley.
Gross
Net
$93,779
Taxes
3,480
10,800
12,153
'26,433
Interest
Bal'ce, surplus.
$88,730
25,708
3,300
10,282
12,126
miles; 90-lb. rails.
6*FFICERS— President, H. H. White; Secretary, Treasurer and Gen.
t
Manager, E. H. Davis. Williamsport. Pa.
WILMINGTON,
DEL,.
WILMINGTON & NEWCASTLE ELEC. RY-was reported that
this company, together with the
City Ky. (which is leased) had been sold to a
eyndica'e headed by T<
L. Johnson of Cleveland, and 'would be operated by the United Failway & PowerCo., recently incorporated with
capital stock of $5,000,000.
^Organization.— Leases the Newcastle & Delaware City Ry., which
baa $75,000 capital etoek and $125,000 5% gold bonds outstanding.
Interest M.-S. at Stcurity Tr. A Safe Dep. Co., Wilmington, trustee.
Date.
Maturity
Interest.
Outstand'g.
STOCK
BONDS
ln Not., 1901,
it
& Delaware
m
&
Stock
$175,000 Aug.'01,3%
1st M., $150,000, gold
<
o*
$500 & $1,000
Dividends— In 1900, 4 p.
I
5g. F-A
150,000 Aug.1,1926
Interest at Real Estate Trust Co., Phila.
1896
in 1901, 6 p. o.
c.
Operates trolley road about 17 miles long.
Earnings— For year ending June 30, 1901, groes, $64,942; net,
$27,968.
Pres., H. A. Richardson. Dover, Del.; Sec. and Treas., C. P. King.
Phila. office, 721 Walnut St.— V. 7v, p. 243.
WILMINGTON,
N. C.
Population 1900 was 20,976 in 1890 was 20,056,
and in 1880 was 17,350;
RY.-Trolleyandsteamroad.
The property was sold under foreclosure on Oct. 7, 1901, to Hugh
McRae & o., of Wilmington for $100,500, who have also purchased
;
"WILMINGTON STREET
(.
the Wilmington Seacoast RR.. a steam road, and which will be converted to electricity. A consolidation of the two properties is expected.
Road— Owns 4-78 miles of trolley road and m, miles of steam road.
r REPORT- Year 1900, gross, $50,398; net, $14,846; in 1899, gross,
$40,100; net, $14,000. V. 73, p. 288, 786, 901.
WINSTON-SALEM,
N.
Population 1900 was
1890 was
10,008;
ami
IN
in
1880 was 2,854.
8,018;
WINSTON-SALEM RAILWAY* ELECTRIC
Stock, com. ($600,000) ($100)
$574,600
Pref.6%n C$100 ($100,000)
100,000
New mortgage ($500,000), \ 1900 5 g. J-J. 500,000 Jan. 1, '40
gold ($1,000)
Int. atN. A. Trust Co., N. Y.,Trus.
c
Road— Owns 9*s miles of track, operates 160 arc and 3.800 incandescent lights, and furnishes power for manufacturing purposes.
OFFICERS— President, H. E. Fries; VJce-Pres'ts, H. W. Fries aDd W.
A. Blair; Secy, and Treas., B.J. Pfohl; all of Winston-Salem.— V. 70,
127,281,481.
WOONSOCKET,
R.
I.
Population 1900 was 28.204; in 1890 was 20,830
and in 1880 was 16,050.
V. 73, p. 392, 83.
Stock— Outstanding 60.000 skares of beneficial Interes,. Deed of
trust urovides that nil shares shall be non-assessable, that there shall
be no personal liability of the shareholders, that no pledge or mortgage of the securities held shall be made without the consent of twothirds of the shares, and that no additional shares shall be issued
without a two-thirds vote, except that 14,206 more shares may be issued to take up additional stock of the Worcester Consolidated 8t.
Railway already authorized by the Mass. RR Commission. Shares
are said to be exempt from taxation in Massachusetts.
Trustees— Until 1903 William A. Read, N. Y., and T. Jefferson
Coolldge, Jr Manchester; until 1904, Stephen Salisbury, Worcester,
and Samuel Carr, Boston, until 1905, A. George Bullock, Worcester.—
V. 73, p. 83, 392, 446.
(1) WORCESTER CONSOLIDATED ST. RY— TROLLEY.
This company, whioh was incorporated in 1 869, absorbed by consolidation March I. 1901, the Leominster & Cliato a, the Fitohburg &
Suburban Street Rwy., the Clinton & Hudson Htreet Rwy the Worcester & Clinton St Rwy., the Worcester & Marlborough and the Wor,
cester & Suburban
All the stook of the Worcester Consolidated St. Ry.
<>
234; charges, $20,97*-; deficit. #2,744. In 1899, gross, $57,882; net;
$13,365; Interest, etc., $17,492; taxes and other expenses, $4,866
balance, deficit, $8,993.
OFFICERS— President, Edgar K. Ray; Secretary, Willard KentTreasurer, Walter Whittlesey, Chelsea, Mass.
WORCESTER, MASS.
Population 1900 was 118.421; in 1890 was 84,655;
am» in 1880 vvas 58.291.
WORCESTER
& BLACKSTONE
VALLEY
road.
RY— A trolley
STREET
Organization— Owns 16 21 miles of trolley. Opened Aug. 14, 1897.
Road located in Worcester, Millbury, Sutton, Grafton and NorthCapital stock. #60,000 (#100), all outstanding; bonds, none.
from Millbury to Worcester, a distance of 6 miles, was
finished In Oct., 1901, thus completing the line from Worcester to
WhitiLBville, a total of 18 miles.
|>
DIVIDENDS— dividends annual. In July, 1899, 4 p. c; 1900, July 4
p. c; 19ol, if
I'
Earnings— For year ending Sept. '0, 1901, gross, $32,229; net,
$8,476. In 1900, grow, $1 -.717; net, $2,710.
I'
OFFICERS— President. M. J. Whittall: Vice-Pres. and Treas.. Ai'-M
brldire.
•
Thomas.
:
;
in 1901
ac-
&
.
«•„,. jb «,o, i Q t
m ™.t
r
-noon
n
(iroOO)
0,000 rtl
*9i
St»Jl
„
(
?«' \
c
£
Marl. 1st mort,
<te
....
$200,000, gold
Wor.
)
5
5g M-N
1895
200,000
May
1,
1915
Int at International Trust Co., Boston.
Redeemable at 101 after May 1, 1900.
200.000
Oct. 1, 1917
1897 5g A-O
Am. Loan & Trust
Co., Boston, Trustee
Leominster & Clinton—
1st M., $150,000 ($1,000) ) 1897
Apr. 1,1917
$150,000
5 g. A-O
subject to call at 105, s. > Interest at Amer. Loan <te Trust Co., Boston,
c) Trustee.
f., gold
Apr. 1, 1912
1897
6 A-O
45,000
15-vear coupon notes....
115,000 Jan. 1, 1919
5 g. J-J
Wor. & Clinton 1st mort. ) 1899
gold ($1,000)
J Am. Loan & Tr. Co., Boston, Trustee.
Road Operates 136 miles of track, comprising the entire street rail
way mileage of Worcester, together with lines to Fitchburg, Leominster, Lancaster. Hudson, Boylston. Berlin, Clinton, Westboro. Marlborough, Northborough, Shrewsbury, Grafton, Milbury, Leicester
and Spencer.
OFFICERS— President, Francis H. Dewey; Treasurer, Justin W.
Lester; Gen. Mgr.. Richard T. Laffln.-V. 72, p. 439, 628, 676; V. 73,
p. 83, 392,446, 723.
—
NORTH END STREET RY.— A trolley road.
Lease— In 1895 leased to Worcester Consol. Street Ry. for 99 years.
Rental now $8,000 yearly. V. 61, p. 518.
Road, Etc —Owns 5 13 miles of track. Capital stock, $110,000 (par
First mortgage, $75,000, 1895, due Feb. 1, 1915; int. at 5 p. 0.,
F. & A. Dividends-ln '95-6 265 p. a; '96-7, 3^ p. a; '97-8, 3*2 p. 0.;
in 1898-9, 3*v p. c; in 1899-1900, 3* p. c.
$100).
ST- RY-A
WORCESTER &wasWEBSTER
road and
reported that both
trolley
road.
In April, 1901,
it
& Dudley had been acquired
New Haven & Hartford.
Webster
Organization— Incorporated
Date.
STOCK & BONDS—
Stock, $150,000 ($100)
1st intge., $15o,000>
...c*S
($1,000), gold
this
in the interest of the
the
New York
in 1899;
Interest.
MN
Outstanding.
Maturity.
$150,000
150,000
Nov. 1. 1919
Boston, Trust.
Bonds— $3,000 is payable annually into a sinking fund. Bonds cannot be called before maturity.
ROAD— Owns and operates about 18 miles of track between Worcester and Webster. Commenced operating Oct. 21, 1899.
Earnings -For year ending Sept. 30, 1901, gross, $56,364.
OFFICERS— President, Edgar S. Hill Webster; Treasurer, Wilford A*
Bailey, 518 Main St., Worcester, Mass.— V. 69, p. 1302.
.
WOONSOCKET STREET RAILWAY-
18*70 miles of track.
4, 1886.
In May. 1901, the parties which control this road purchased the charter of the Columbia Street By., and intend to build the road and lease
it to the Wooneocket Street Ry.
Interest.
Outstand'g.
Date.
Maturity.
Stock & BONDS—
#140.000
Stock, $140,000
1893
5 J&.T
1st mort., $200,000,)
$200,000
July 1, 1913
Interest at R. I. Hos. Trust Co., Prov., Trustee.
$1.000 each
Bonds— $5,C00to be paid to trustee July 1,1898, aDd each year
thereafter for sinking funds for redemption of bonds.
Earnings— For year ending June 30, 1900, gross, $73,581; net, $18,,
was
quired by the Woroester St. Railways & Investment Company The
Worcester Traction Co., whioh owned the stock of the old Woroester
Consolidated prior to consolidation, is being liquidated; forteimsof
exchange offered shareholders of the latter, see V. 73, p. 83.
Petition has been granted by the Massachusetts Railroad Commissioners giving authority to issue $500,00u more stook of the Worcester Consolidated Street Ry.
Maturity.
Date. Interest. Outstanding.
Stock
Bonds—
Stock $2,279,400 (#100)
$2,279,400
1920
Wor, con. 1st M.,g,$840,000 1900 4*3g.M-S
840,000
On demand
Real estate mortgages
5
4,500
1899
5
g.
Int. at International Tr. Co.,
YOUNGSTOWN,
W Organization— Incorporated June
The
INVESTMENT CO-
i
(a)
C.
—A' trolley road. Combined population of Winston and Salem in 1900
stated at about 20,000. In November. 1899, the road was purchased
by the Fries Manufacturing & Power Company and the two properties consolidated. The securities of the new company are as below
Organization, Etc.— Incorporated in 1891 for 99 years.
Date. Interest. Outstanding. Maturity.
Stock & BONDS
p.
RYS- &
,
Population 1900 was 76,508; in 1890 was 61,431;
AND IN 1880 was 42,478.
Newcastle
WORCESTER
Thlsisa voluntary assfiolation formed in 1901 and managed by a
board of trustees, in whom is vested the ownership of the entire captital stook except only enough shares to qualify directors) of the Worcester Consolidated Street Railway Co. and of certain other Massachusetts corporations which are engaged in enterprises closely identified
with that of street railway transportation. Vermilye & Co financed
the undertaking and offered 15,125 shares for sale in August, 1901.
OHIO.
Population 1900 was 44,885; in 1890 was 33,220;
AND IN 1880 was 15,435.
MAHONING VALLEY R Y--A
trolley road.
In Sept.
1901,lt was reported that the syndicate which controls this property had practically consummated a <ieal for the purchase of the New
Castle Traction Co.. the New Castle Electric Light Co., the Laurence
Gas Co. and Cascade Park.
Organization— Organized as Youngstown Street RR. Dec. 10, 1873,
and consolidated with the Mahoning Valley Ry. December 1, 1896. On
April 1, 1899, acquired the Mineral Ridge & Niles Electric Street Ry.
Maturity.
Outstand'g.
Date.
Interest.
BONDS—
STOCK
$1,500,000
Stock
July 1, 1917
900,000
5 J-J
Mah.Val. Elec.mortg'e, 5 1897
/Trustee, Central Trust, New York.
$1,200,000 gold
The mortgage of 1897 provides for refunding and for improvements
and extension to Niles.
ROAD—The company operates about 26 miles of track.
OFFICERS— President. M. A. Verner, Pittsburg; Secretary, J. E. MoVey; Treasurer and General Manager A. A. Anderson.
&
YORK, PA.
Popttlation 1900 was 33,708; in 1890
and in 1880 was 13,940.
was
TRACTION.-A
YORK COUNTY
Incorporated under the laws
20,793;
trolley road.
of New Jersey on
of all the electric light and street
railway properties centering in York. For details see V. 70, p. i293,<
and V. 71, p. 544.
Maturity
Date. Interest. Outstand'g.
Stock and Bonds....
$1,500,000
Stock. $1,500,000 (K100)
5 g. J-J
844,000 July 2, 1950
.Mortgage, #1,500,000. 5 1900
gold ($1,000)
o* ( Int. at Real Estate Tr. Co., Phila., Trust
Organization—
June 30. 1900, as a consolidation
;,
STEEET KAILWA^S.
Bonds.— Of the iiew intge. $500,000 w ere reserved for extensions,
improvements, etc., of whioh $251,000 have been Issued. The remain
ing$l, 000,000 were issuable as follows and $593,000 on that account
have actually been issued:
In exchange $ for $ for York Light Heat & Power Co. 1st M.
5s of 1889. due June I, 1929
.$302,000
York Street Ry. 1st M. 5s, due Jan. 1, 1926, but subject to
150,000
oall for redemption Jan. 1, 1900
York Street Ry. stock
166,000
Against other snares pledged as above, and $800 other stock
andbonds
242,000
To purchase of additional shares of York Light, Heat &
lawful
purposes
Power Co. and for other
140,000
The new bonds can be called on and after July 1 1906, at 110 and
aocrued interest, sinking fund after July 1, 1906, 1 per cent of all
trie
Light
York Hi reet Railway
200.0o0
166.300
York & Dover Elec. Ry
50,000
16.000
York & Dallastown Elec. Ry. 60,000
12,000
f>0,000
York A- Manchester El. Ry.
12,000
York & Wrightsville Ry
75,000
22,400
York Steam Heating Co
1,000
1,000
Xnte— The York Litht Heaf & Power Co. owns »183,3flO
ZANESVILLE, OHIO.
Population 1900 was 23,538; in 1890 was zl,009;
and in 1880 was 18,113.
ZANESVILLE ELECTRIC RY. CO-
Orqanization — Organized Jan. 3, 1899, as successor of the ZanesStreet RR., foreclosed and sold Jan. 3, 1899.— V. 68, p. 41, 87.
.
ville
Shares
Stock
pledged.
50
50 (10% pd)
50 (10% pd)
50 (10% pd)
10
Bonds—
Date.
Int.
Outstand'g.
Maturity.
$300,000
250,000 Feb.
4g. P-i
1, 1919
} 1899
to call aft.5 yrs.,$l,000ea. S Dat. at Int. Trust Co., Boston, trustee.
Road— Operates 10 miles trolley on 8 miles of street.
Earnings— For calendar year 1900, gross, $50,453; net, $19,369
int. and taxes, $11,218; surplus, $8,151.
Officers— President, Thomas T. Robinson; Vice-President, John M.
Graham; Sec. and Gen. Mgr., W. A. Gibbs; Treasurer, VVm. B. Cosgrove—V. 68, p. 41, 87.
IstM., $250,000, gold, sub.
320
240
240
448
67
of the *1S3,440 stock
of the Edison Electric Light Co. of York. Pa. (authorized capital, $25<>.ooo;
par of shares, f 10), aud $a.>,»6o of the 20.210 stock of the Wesiinnhouse Elec-
NEW
&
Stock, $300,000
33,879
3,026
50(10%pd)
Co. of York, Fa. (authorized capital, $50,000; par of shares,
ROAD-Owns and operates 18V| miles of track in York.inclurlingtbe
extension to Dallasiown (7 miles), completed July 27, 1901, and
which is known as the York & Dallastown Electric Ry. Extensions
from York to Windsorville 1 1 miles, and from York to Dover, 8 miles,
are under construction.— V. 70, p. 1197, 1290; V. 71, p. 31, 343,544.
Officers— President, W. H. Lanius; Vice-Prest., Geo. 8. Bilhneyer;.
Secretary, Geo. S. Schmidt; Treasurer, Ellis S. Lewis.
:
,
& Power
$10).
.
outstanding bonds.
The following stocks are pledged under mortgage
Capital slock.
Par of
Authorized. Issued, shares.
York Lisrht Heat & Power... .$350,000 $3r>0,000 $10
91
COMPANIES.
The following furnishes a reference to the volume and page of the Chronicle where information can be found concerning a number
of ooinpanies not represented in the paaes of the Street Railway Supplement. These are either newlv organized companies the affairsof which have not yet advanced sufficiently far to warrant the presentation of a regular sta.ement regarding them, or else companies
from which it has not been found possible to secure full returns.
AMERICAN LIGHT & TRACTION CO. V.72, p. 987; Y.
p. 235.
BAY SHORE TERMINAL CO. V. 73, p, PL
BUFFALO NIAGARA FALLS & ROCHESTER RY. V. 73, p. 183.
CAMDEN INTER STATE RY. V. 73, p. 82.
CINCINNATI & EASTERN ELECTRIC RY. V. r3. p. 137.
CINCINNATI GEORGETOWN & PORTSMOUTH RR. V. 73, p. 722, 1010.
COLUMBUS DELAWARE & NORTH. INTERURBAN RY. CO. V. 72, p. 872.
CROSS COUNTRY RR. V. 73, p. 164.
DANBURY & HARLEM TRACTION CO. V. 73, p. 956.
DAYTON GERMANTOWN A MIDDLETOWN TRACTION Co, V. 73, p. 31.
MERRILL
RY. & LIGHTING CO. V. 72, p. 936.
MIAMI & ERIE CANAL TRANSPORTATION CO. V. 72, p. 1189.
MICHIGAN & WEST SHORE TRACTION CO. V.73, p. 6t3.
MIDDLEBORO WAREHAM & BUZZARD'S BAY ST. RY. V. 73, p. 843.
MILWAUKEE BURLINGTON & LAKE GENEVA RR. V. 73, p. 553.
NEVADA COUNTY TRACTION CO. V. 7<. p. 138.
NEW YORK & PORT CHESTER RY. V. 73, p. 83.
ONEIDA TRACTION CO. V. 73, p. 616.
->3,
PARKERSBURG INTERURBAN
DENISON & SHERMAN RY.
DOYLESTOWN & EASTON
V. 72. p. 5S0; V. 73, p. 842.
ST. B.Y. V. 73. p. 783, 842.
V. 73, p 494, 1010.
;
RY.
V. 72, p. 722.
INDIANAPOLIS A LO'- ANSPORT TRACTION CO. V. 73, p. 236.
LITTLE MIAMI TRACT ON CO. V. 72, p. 776.
LONACONING MIDLAND & FROSTBURG RY. V. 73, p. 32.
LOUISVILLE ANCHORAGE & PEWEE VALLEY ELECT. RR. V. 73,
LOWELL & BOSTON STREET RY. V.72, p. 87; V. 73. p. 494.
MARLBORO & WESTBORO STREET RY. V. 73, p. *>2.
MARYLAND ELECTRIC RY. V. 73. p. 784.
MAUCH CHUNK LEHIGHTON & SLATINGTON RY. V. 72, r. 989.
73, p. 287.
REDLANDS STREET RY. V.73, p. 958.
ROCK FORD BELOIT & J ANESV. INTERURBAN ELEC.RR. V.73, p. 445,664.
ST. LOUIS & ILLINOIS SUBURBAN RY. V. 73, p. 616. 900.
SALEM POWER, HEAT & TRACTION CO. V. 7i, p. 534, 1035, 1239.
STOUGHTON & RANDOLPH STREET RY. V. 73, p. 445.
TOLEDO COLUMBUS SPRINGFIELD & CINCINNATI RY. V. 73, p. 446.
TOLEDO NORTHERN R7. V. 72, p. 676.
TOLEDO & WESTERN RY. V. 73, p. 617.
UNITED RY. & LIGHT CO. OF WILMINGTON, DEL. V. 73, p. 1012.
UNITED STATES TRACTION CO. V. 73, p. 495, 554, 786.
WASHINGTON & ANNAPOLIS ELECT. RY. V. 72, p. 1082; V. 73, p. 446.
WESTERN OHIO RY. V. 73, p 237.
WEST MICHIGAN TRACTION CO. V. 73, p. 958.
WESTHAMPTON PARK RY. V. 73. p. 238.
EL PASO ELECTRIC RR.
FROSTBURG ECKHARDT ^CUMBERLAND ELECTRIC RY. V. 73, p. 32.
GADSDEN & ATTALLA UNION RY. V. 72, p. 241, 391, 58 V. 73, p. 236.
GAINESVILLE & DAHLONEGA ELECThIC RY. V. 73, p. P15.
GEORGETOWN & LEXINGTON TRACTION CO. V. 73, p. 1010.
HAVANA ELECTRIC
RY. V.
PEOPLES' RY. OF WILMINGTON, DEL. V. 73, p. 663, 7 85.
PROVIDENCE & DANIELSON RY. V. 72, p. 1136.
RAILWAYS & LIGHT CO. OF AMERICA. V. 73, p. 185, 1011.
p. 391.
ABBREVIATIONS, ETC.
The terms and abbreviations employed
in this
Supplement are explained
in the following
:
"STOCK & BONDS" —Under these words are shown—
" STOCK"—The amount of stock authorized immediately follows the word " stock", and against this is the
par value of single shares, viz.:
" Stock, $200,000 $100", means stock, total issue authorized by charter or by act of legislature, $200,000, divided into shares of $100 each
" f. p." following the amount given as outstanding means " full paid."
" Pref." means " preferred stock." " Pref. 6 p. c. cum." means preferred stock entitled to dividends of 6 per cent per annum, such dividends
if not paid accumulating, all dividends due and unpaid to be paid in full for each and every year before the common stock receives anything.
"Pref. 6 p. c. wow-cum." means simply that the stock is entitled to 6 per cent per annum if earned, but that if unearned in any year the dividend
for that year will not be paid subsequently.
" BONDS" "Mort." or "M." means mortgage. " Consol." or " con. M." means consolidated mortgage. " Gen. M." means general mortgage. The amount next following is the total authorized amount that can be issued under the mortgage. The word "gold "is usually spelled
out, but in some instances is contracted to " g," -while " cur." means currency.
" Conv." means convertible into stock.
" S. 1." means sinking fund.
" c." means coupon " c* " means coupon but may be registered a»
to principal; and " c.'&r." means that registered certificates without coupons as well as coupon bonds are outstanding. The letters " p. m."
mean per mile, so $15,000 p. m. means that the issue of bonds is restricted to $15,000 for each mile of track. " Guar." means guaranteed, and
«' guar. p. & i. (end.) " means guaranteed as to principal and interest, the guaranty being endorsed on each bond.
" DATE"—The date of issue on the face of the bonds is indicated under the word " date."
" INTEREST"—Under this heading is given the rate per cent yearly of the interest payable on the bonds or (if guaranteed) of the dividenp
payable on the stock; also the months when the interest or dividend is payable, thus, " 6 J - J " means 6 per cent per annum payable January
fend July; correspondingly, "F-A"is used to mean February and August; "M-S"means March and September, and soon, while "Q- J"
means quarterly beginning in January and "Q-F" quarterly beginning in February. [The day when the interest payment is dueoanf
generally be determined by noticing when the loans mature, the day of the month there given being in most cases the same as for one of the
—
-
;
interest dates.]
"
ROAD"— The
80-lb. girder"
word "track" ,,>eans in Street Railway parlance
means that each rail weighs 80 pounds to the vard.
all track,
whether main
line, siding,
switch or second track.
"Rails are
INDEX TO RAILWAYS.
Page.
Bedford & Cleveland RR— See
Northern uhio Traction
Akron & Cuyahoga Falls Rapid TransitSee Northern Ohio Traction
5
AkTon Trac. <fe Elec— See Nor. Ohio Trac. 5
Alameda Oakland & Piedmont— See Oakland Transit Co
63
Albany Helderburg & Schoharie Elec. Ry—
See Albany & Schoharie Val. Ry
5
Albany <Sz Hudson Ry. & Power
44
Albany Ry— See United Traction (Albany). 5
Albany & Schoharie Valley Ry
5
Algiers Gouldsboro & Gretna Ry
56
Allegheny & Belle vue— See Fed. St. & PI. V. 73
Allegheny St.— See Federal St. & Pleas. Val. 73
Allegheny Traction— -ee Cons'd Trac. Sys.. 73
Allentown & Beth. R. T.— See Lehigh Val. T. 6
Allentown Electric Light <& Power— See
Lehigh Valley Traction
6
Allentown <& Emaus St. Ry— See Lehigh V.T. 6
Allentown & Lehigh Valley Traction— See
Lehigh Valley Traction
6
Allentown & Slatington— See Lehigh Val-
Akron
ley Traction
6
Page.
Page.
Allentown Passenger Ry.— See Lehigh V.T. 6 Asheville & Biltmore St. -See Ashev. St.Ry. 7;
Alley Elevated.— See South Side Elevated. 27 Asheville Street RR
7
Alton Improvement Ass'n — 8ee Alton Ry.
Ashland (Wis.) Light, Power & Street Ry. . 7
Gas & Electric Light
9
6 Ashtabula Rapid Transit
.
.
Alton Ry. Gas & Electric Light
6
Alton Railway & Illuminating— See Alton
Ry. Gas & Electric Light
6
Altoona & Logan Valley Electric Ry.— tee
American Rys. Co
67
American Engineering Co.— See Railways
General
Co.,
68
American Light & Traction Co
91
American Railways Co
66
Amesbury & HaniDton— See Exeter Hampton & Amesbury
38
Amherst <te Sunderland St. Ry
7
Amsterdam Street RR
7
Anacostia & Potomac River RR
88
Anderson Elec. St. Ry.— See Union Trac. Co. 7
Anniston Electric & Gas Co
7
Arlington Heights Motor Ry
84
Asbury Park <fe Belmar Street Ry.— See Asbury Park & Sea Girt RR
7
Asbury Park & Sea Girt RR
7
1
Astoria Electric Co. (Ore.)
Atchison Ry. Light & Power
Atchison Ry. Light, Heat, Power & Water
Co.— See Atchison Ry. Lt. & Power Co...
Athens (GaJ Electrio Ry
Athol & Orange Street Ry
Atlanta Consol. St. RR.— See Atlanta Ry.
&Power
Ry.— See2Atlanta Rap. Tran.
Atlanta Railway— See Atl. Ry. & Po wer ...
Atlanta Railway & Power
Atlanta Elec.
9
9
|
9
9
9
(
|
9
9
9
9,
9,
Atlanta Rapid Transit
Atlanta St. RR.— See Atlanta Ry. & Power. 9
Atlantic Ave. RR.— See Bklyn Rapid Trans. 18
49
Atlantio Coast Electric RR
Atlantic Highlands Red Bank &
— SeeMonmouth Co. Electric
AuburnCityRy
Long
Br'h.
49i
9
Augusta (Me.) Hallowell & Gardiner RR... 10,
Augusta fGa.) Ry. & Electric Co
J 9[
'.
r
INDEX TO RAILWAYS.
92
Aurora EU'u A Chicago
Aurora A Geneva— See Elgin Aurora
Page.
23
&
.
Southern Traction
38
Aurora till.) Street Ry.— See Elgin Aurora
39
A S >uther n Traction.
Aurora wheatou A Chicago Rv.—Sfe Aurora
23
Elgin & Chicago Ry ..
Austiu (Tex.) Rapid Transit Ry
10
BabvlonRR
10
aden A St. I.. UK.— See United Rvs. Co... 70
Ballstoii Term'l RR. (Ballston Spa, N. Y.)
10
Baltimore Catonsville a Elltoott's Mills
Pa.<s. RR.— See United Ryu, A Else. Co... 10
Baltimore Citv Passenger Railway See
Unit, d Ry& A Eleo. Co.
10
Baltimore Consolidated Rv— See United
10
Bra. A Elee Co,
Baltimore A Cuitis Bay Ry.— see United
Rys. A Elee
10
Bait, Gardensv. A Belair Eleo. Ry— See
United Rys A Eleo
10
Bait. A Jerusalem Turnpike- See United
Rys. A Elee
10
Bait. Middle Riv. A Sparrow's Pt. Eleo. Ry.
—See United Rys. A Eleetrio Co
10
Baltimore A Northern Eleetrio Ry.— See
Rvs.
United
10
A Electric Co
Baltimore Traction— See Unit. Rys. A Eleo. 10
Baltimore A Washington Transit
88
Bangor Hampden A Winterport Ry
11
Bangor Orono A Old Town By
11
Bangor Street Ry — See Puhlib Works Co.
11
Barre A Montpelier Traction A Power
11
.
—
.
Bath
(Me.) Street
Railway
11
11
Bay Cities Consolidated Railway
Bay Shore Terminal Co
Beatrice (Neb.) Elee. Co
91
12
12
Beaver Valley Traction
Bellaire Bridgeport (O.) A Martin's Ferry
Street Ry.- See Wheeling Traction
89
Belle City Elee. Co., Racine, Wis.— seeMilw.
AT
53
Belleville Electric Ry.— See St. L. & B.Trao. 81
Belt Electric Line (Lexington, Ky.) See
4°
Lexington Ry
Benninirton & Hoosiek Valley Ry
43
Bennington A Woodford Eleo. Ry
12
Benton-Bellefontaine Rv— See Vn. Dep. RR. 79
Benton Harbor A St. Jos'ph Elee. Ry. A Lgt. 79
Bergen County Traction— See N. J. A Hudson Ry. & F
42
Bergen Turnpike Co.— See J. C, Hoboken
43
A Paterson Ry
Berkeley Lt. A Pow.-See Norfolk Ry. A Lt 61
Bethlehem A Allentown 8treet Ry. See
Lehigh Valley Traction
6
Beth. A Nazareth— See Leh. V. Trao
6
Bern. <* South Beth. <t. Ry.—See Leh. V. Tr.
6
Beverly A Dan vers (Mass. Elect. Cos.)
13
Blddeford A Saco Railroad
12
Blnghamton Lest. & Union—See Bing. RR. 12
Blnghamton Railroad
12
Birmingham Knoxvllle A Allentown Traotlon— See Pittsb. A Birmingham Tr
74
Birmingham Railway A Electric— See Con.
Birmingham Ry. Lt. A Power
12
Birmingham Ry. Lgt, A Power12
Birmingham Traction- See Consolidated
Birmingham Ry. Lt. A Power
12
Black River Traction (Water-town, N Y.).. 89
Black Rock A Salisbury Beach See Haverhill A Amesbury
43
Bleecker Street & Fulton Ferry RR— See
Metropolitan St. Ry. 8ystem
58
Bloornfleld Street— See Pittsburg Tr. Svs... 74
Bloomington City Ry— See Bloomington A
Normal Ry
12
Bloomington & Normal Ry
12
Boston A Chelsea— See Boston & Northern
Street Ry
16
Boston Consol. 8treet— 8ee West End St. Ry. 13
Boston Elevated Ry
12
Boston Milton A Brockton .—See Old
ColonySt. Ry.
13
Boston * Northern 8treet Ry.— See Mas? achusetts Electric
13
Boston & Revere Elee—See Boston A
Northern Street Ry
..
16
Boston A Worcester Electric— See Marlborough Street Rv
51
Bowling Green Railway.
18
:do<k
Turtle
Creek
Bra
A
Passenger Railway—.See UnitedTraction
73
Braintree St. Rv.— See Mass. Elee. Co.'s
16
Braintree A Weymouth 8t. Ry.— See Old
Colon v St. Ry
16
Bridgeport (Conn.) Traction.— See Conn.
L. II.
—
—
—
.
Ry. A Lighting Co
...
Brldgeton Erectile- See Am. Rys.Co.(PhiL)
Bridgeton A Mill v. Tr. See Am. Rys. Co ..
Bridgewater Whitman A Rockland St. Ry.
—8ee Old Colon-. St Ry
Brlgantine Transportation Co. (formerly
18
67
67
16
18
88
St. Ry.
86
Bristol A Plainville Tramway (Conn.)
18
Broad Ripple Traction
44
B'way A 7th Ave. RR—See Met. St. Ry. Sys. 58
Broadway Surf. RR— See B'yA7th A ve.RR. 58
Brockton Bridgewater A Taunton St. Ry.
13
—Be* Old Colony St. Ry.
Brocttton A East Bridgewater 8t Ry.— See
Old Colony St Ry
13
Brockton A Plymouth St Ry
75
Brock
Ky. S-e Old Colony St Ry. 13
Brooklyn Bath & West End RR.— See
Brooklyn Rapid Transit
18
Brooklyn A Brighton Bi.ach— 8ee Brooklyn
Rapid Transit
18
Brookh n Cable Co.— See Nassau Electric... 19
Brooklyn City & Newtown RR.— See Coney
20
A Brooklyn
BrooklynClty RR— SeeB'klynR.T
18
Brooklyn Crosstown Railroad— See BTclyn
Rapid Transit
18
Brooklyn Heights RR.— See B'klyn R. T
19
Brooklyn Oueens County A Suburban RR.—
See Brooklyn Rapid Transit
19
-antine Transit)
Brightwood Ry
Bristol County
PAGE.
Brooklyn Rapid Transit
18
Brooklyn (O.) St. RR.—See Clev. Elee. Ry. 28
Brooklvn Union Elevated.— See Brooklyn
Rapid Transit
19
Brunswick Trac- See Middlesex A Som.Tr. 55
Bucks Or, Ry See Doylestown. Pa.
37
Buffalo Bellevue A Lancaster Ry. — See In-
—
ti rii ;it
.
ion al Traction
21
Buffalo A Depew Ry
Buffalo East Side St. Rv— See Intern. Trao.
Buffalo A Lockport St. Ry.— See Intern.Trao.
Aurora Ry
Buffalo Hamburg
Buffalo Niagara Falls A Rochester Ry
Buffalo A Niagara Falls Eleotrio Ry.— See
&
International Traction
Buffalo Rv.— See International Traction...
Buff. Ton. A Niag. Falls Eleo. RR.— See International Traction
Buffalo Traction— See Intern. Traction
Buffalo A Williamsville Electric Ry
Burlington (Iowa) Ry. A Light Co
Bui-1-ugtoii (Vt
Traition
Butte Consolidated Ky— See Butte Eleo. Ry.
)
Butte Eleetrio
Cairo
(111,)
Ry
20
21
21
20
i
;
l
21
21
Electric
Ry
20
21
20
21
21
21
21
21
Railway
82
23
California Street Cable
Calumet Electric St. Ry
Calvary Cemetery Greenpoint & Brook18
lyn Ry.— See Brooklyn Rapid Transit
Cambridge RR— SeeWest EndSt.Ry., Boston 13
Camden Gloucester A Woodbury Ry.— See
22
So. Jersey Gas Elect. & Traction.. ..
Camden Horse RR. See Camden & Subur'n 22
»1
Camden Inter-State Ry
22
Camden A Suburban Ry
<2
Camden A Trenton
Canal A Claiborne RR.- See N.O. A Carroll. 56
Canandaigua Elee. L. A RR.- See Ontario
Light A Traction
... 22
22
Canton— Massillon Electric Ry
22
Canton St.— See Canton-Massillon Elee
Cape May Del. Bay A Sewell's Point Eleo. Ry 22
Capital Ry. (Frankfort, Ky.j— See Frank-
—
fort
& Suburban
40
88
Capital Traction
Carhondnle Ry.—See Scranton Ry
Carbondale Traction.— See Car. Ry
Carpentersv. El. A Aur.— See El. Aur. A Lor.
Cass Avenue A Fair Grounds Ry— 8ee
United Railways Co
Catasauqua A Nor St. Ry.— 8ee Leh. V. Tr.
Catharine & Bainbridge Streets Ry— See
Union Traction
.
t-3
S3
38
A Marion City Ry
79
6
68
22
Avenue Ry. (Oakland, Cal.)— See
63
Oakland Transit Co
Central Oosstown RR.—See Met.St.Ry.Sys 58
Central
Central Elee.— See Sacramento Elee. G. A Ry.
Central Elee. Ry. (Kans).- See Met. St. Ry.
Central Park North A East River RR.— See
Metropolitan St. Ry. System
Central Pass. Ry.— 8ee Louisville Ry
Central Ry.— See United Rwys. & Elee. Co.
Central Ry. (Peoria, 111.)
Central Ry. A Electric (New Britain).— See
Conn. Ry. A Light Ry
Central Traction— See Cons'd Trac. 8ys
Central Trac. (St. Louis, Mo.).— See United
78
47
58
50
10
66
18
74
79
Railways Co
Central Traction— See Sioux City Traction. 84
Ceramic City Lt Co. - See E. Liverpool Ry. 37
Chagrin Falls A Eastern Electric Ry.— See
Lake Shore Eleotric Ry
28
Chambers St. A Graud 8t. Ferry. See Met
St.
Ry
Charles River Streetr-8ee West End St
Charles 8t. Ave. Turnpike— See United
Railways A Eleo
Charleston City Ry— See Char. Consol. Ry.
Gas A Elee
Charleston Consol. Ry. Gas A Eleo
Charleston A Seashore RR.— See Charleston
Con. Ry. Gas & Eleetrio
Charlotte Electric Ry. Light A Power Co...
Charlotte Street Ry.— See Charlotte Elee.
Ry. Light A Power Co
Chattanooga Electric Ry
Chattanooga A Lookout Mountain RR
Chattanooga A Nor. Side 8t.Ry.— See Northside
<
onsolidated
St.
Ry
(Chatt)
Chattanooga Rapid Transit — See Rapid
Transit of Chattanooga
Cherry Hill Elkton A 'lies. City Eleo. Ry..
Cheshire St. Ry.— See Conn. Ry A Light Co.
Chester Darby A Philadelphia— See Chester
Trac
Chester A Media Electric Ry.— See Chester
Traction
Chester Street Ry.— See Chester Traction...
Chester Traction
Chicago City Ry
Chicago City Rv. Rapid Transit Co. -See
Chicago City Ry
Chicago Consolidated Traction— See Chic.
Union Traction
Chic. A Desplaines ValL Eleo.— See Amer.
Rys. f'o
Chicago Electric Traction
Cnleago Elee. Tran.— See Chicago Con. Trac.
Chlo-igo General Ry
Chicago A Harlem— See Lake St. Elevated.
Chicago Harlem A Batavia— See Suburban
RR. (Chic.)
Chicago A Jefferson Urban Transit— See
Chicago Consol. Trac
Chic. & Jolie.t Eleo RR.— See Amer. Rys. Co.
Chicago A Milwaukee Electric
Chicago North Shore St.— See Chlo. Consol.
Trac
Chicago Pass. Ry.— See West Chlo. St. RR..
Cnleago A So. SdeR. T.— See Ho. SideElev.
Chicago Union Traction
Chicago West Div. Ry — SeeW. Chic. St. RR.
Chippewa Valley Electric Railway (Eau
Claire, Wis.)
58
Cicero & Harlem St. Ry- See Chlo. A Harlem 26
Cicero A Proviso St. Ry —See Ch. Con. Trao. 24
Cincinnati Covington A Erlacger— See Cin.
Newport
A
Cov
Cincinnati .v Eastern Electric Ry
Cincinnati Georgetown A Portsmouth Ry.
Cincinnati Hamilton A Dayton Traction,
(Dayton, O.)
Cincinnati A Hamilton Eleetrio St. Ry.—
See Southern Ohio Traction
Cincinnati Hamilton Middletown & Dayton
Street RR.— See Millcreek Valley RR. ...
Cincinnati Laurenceourg & Aurora Eleot.
St.
Ry
A Miami Val. Trao— See So. O. Trac.
Cincinnati Newport A Covington Ry
Cincinnati Northwestern. — See Southern
Ohio Traction
Cincinnati St Ry.— See Cincinnati Tract...
Cincinnati Traction Co
Citizens' Electric L. A P. Co. of Delaware
County See United Power A Transport'n
Citizens' Eleo Ry. L. A P. Co., Manstield, O.
Citizens' Eleotric street Ry., Newburyport,
Mass
Citizens* Lt.
A Power.— See Kokomo
Ry.
A
Light Co
Citizeus' Pass. Rv.— See Harrisburg Trao...
Citizens' Pass. Rv. (Phila.)— See Union rr.
Citizens' RR. (St. Louis)— See United Rail
.
ways' Co
Citizens' Ry. (Waco. Tex)
31
91
91
33
27
27
27
27
31
27
27
27
70
51
61
48
42
68
79
88
Citizens' Ry L. A P., Newport News Va... 61
Citizens' Rapid Transit— See Nashville Ry.. 54
Citizens' St. RR. (Indianapolis, Ind.)— See
Indianapolis
St.
RR
Citizens' Street RR.— See Memphis St. Ry..
Citizens' St. (Fishkill-on the-Hudson N. Y.)
Citizens' Street Ry. (Muncie, Ind.)— See
Union Traction of Indiana
Citizens' Trao. Co.- See Detroit United
Citizens' Trac.fOil Citv) —See Fr'klinEleo.
Citizens' Traction (Oshkosh, Wis.)
See
—
Winnebago Traction.
44
51
39
7
35
40
65
Citizens' Traction— See Cons'd Trac. Sys... 74
Citizens' Traotlon.— w ee San Diego Elee. Ry. 81
City Electric
Ry.— See Decatur Traction A
ElectricCo
33
Ry (Port Huron, Mich.)— See
Detroit A PortH. Shore Line
Ciry Electric Ry. (Rome, Ga.)
City Railway (Dayton, Ohio)
City Ry.— See Northern Texas Traction
Eleot.
City A Suburban— See Un. Rys.
Co. of Bait
City A Suburban RR.— See Memphis St. Ry.
City A Suburban Ry. (Portland, Ore.)
Ci;y A Suburban RR. (Savannah, Ga.)
City A Suburban Ry., Wash., D
City A; West Portland Park Motor
Cleveland Berea Llyria <s Oberlin Ry.— See
Clev. Kl. A West
Cleve. A Berea St. Ry—See CI. Ely
West.
Cleveland A Chagrin Falls Eleetrio
Cleveland City Cable Ry.—See Clev. C. Ry.
Cleveland City Ry
City Electric
Catskill Electric Ry
22
41
Cayadutta Electric (Gloversville, N. Y.)
Cayuga Lake Eleo. Ry.— See Ithaca St. Ry.. 45
Cedar Rapids
Ry System
Page.
RR.—See Met. St.
Cincin.
21
alais (Me.) Street
Christopher A 10th Streets
56
13
&
&
Cleveland A Eastern Ry
Cleveland Electric Rv
Cleveland Eiyria A West
Cleve. A Eiyria Eleo.— See Clev. Ely. AW..
Cleveland Medina A Southern.— See Cleveland A Southern Ry
Cleveland Painesville & Eastern RR
Cleveland A Southern Ry.— See Cleve. Ely
AWesternRy
10
51
75
82
88
75
28
28
28
27
27
28
28
28
28
28
28
28
Clifton Suspension Bridge See Interna20
tional Traction
Coal Castle Eleo. Ry.— See Pottsvllle Un.
Traction
Coalville Pass.— See Wilkesb.
10
37
78
33
39
76
A W.
Va. Tr.. 71
CohoesCity Ry
28
Elee— See Denver City Tram.. 33
9
Park A Belt -See Atl ant R. T
Colfax Ave.
22
22
Collins
Colonial City Traction— See Kingston Con-
Rv
47
29
A Power 29
88
Columbia Railway
23 Columbus Buckeye Lake & Newark Trao. 29
-*ee
Columbus
Ry..
Central
Ry.
29
23 Columbus
23 Columbus, O., Consolidated Street Ry.—
29
See Columbus Ry
29
23 Columbus Delaware * Marion
Columbus Del. A Norther • Interurban Ry. 91
23 Columbus A 9th Av. RR.— See Metropolitan
56
Street Ry
38
18 Columbus Grove city A Southwestern Ry.
—See Columbus Londoi A Spnngrield Ry. 29
29
72 Columbus London A Springfield Ry
29
Columbus, Ga., RR
29
72 Columbus Railway (Ohio)
61
72 Commonwealth Avenue Street Ry
72 Compton Heights Union Depot A Mer79
chants' Terminal Ry— See United Rys.Sys.
23
29
Concord Street Ry
20
23 Coney Island A Brooklyn RR
Coney Island A Gravesend— See Nassau
20
E'ectric
24
Conestoga Traction.— See Lancaster Co.
48
Ry. <v. Lt
67
18
24 Conn. Ry. A Lighting
24 Oonshohoeken Ry— See Schuylkill Valley 71
81
24 Consolidated Railway A Power Co.
26 Consolidated St. Ry. (Grand Rapids, Mioh.)
41
—See Grand Rapids Ry
27 Consolidated St.— see Portland (Ore.) Ry.. 76
46
Consolidated Traction of New Jersey.
73
24 Consolidated Traction of Pittsburg, Pa
67 Continental Passenger Rallw'y—See Union
...
68
Traction...
24
Coplay Egypt A Ironton— 8ee Lehigh Val6
ley Traction
24
31
25 Corning A Painted Post St. Ry
27 Corrigan Consolidated St. Ry— See Metro47
politan Street Ry., Kansas City, Mo
24
31
25 Cortland County Traction
Cortland A Homer Traction.— See Cortland
31
County Traction
38
sol.
22
23
Colorado Springs Rapid Transit
Columbia, S.C., Elee. St. Ry. Light
.
—
—
—
1
.
INDEX TO RAILWAYS.
Page.
Page.
Council Bluffs Street Ry — See Omaha &
Counoil Bluffs Ry A Bridge
Crescent City RR See New Orleans Tr
Cripple Creek District Ry
Cross Country RR
Crosstown St. Ry.(Buffalo)— See Inter. Trao.
Crossto wn St.— See Columbus Ry
Dallas City
Street
Ry.— See Dallas Consol.
Ry
Electric
Dallas Consolidated Electric Street Ry
Dallas Ft. Worth A Southern Electric— See
Northern Texas Traction
Dallas A Oak Cliff Electrio Ry
Dallas Rapid Transit & Tex.Ry.— See Rapid
Transit Ry
Danbury (conn.) & Bethel StreetRy
Danbury A Harlem Traction Co
Danville (111.) Street Ry & Light
Dartmouth A Westport St. Ry., New Bedford
Davenport A Rook Isl. Ry— See Tri-City Ry.
Dayton Covington A Piqua Traotior.
Dayton Germantown A Middletown Traot.
Dayton Leb non A Cincin.— See Dayton
Springtield A Urbana
Dayton & Northern Electrio
Dayton A Soldiers' Home RR— See City Ry.
Dayton Springtield & Urbana Elec. Ry
Dayton Spring Vail. & Wilmington Transit.
—See Dajton A Xenia Trans t
Dayton Traction -see So. Ohio Traction...
Dayton & Troy Electric
Dayton A Troy Traction— See Dayton Covington
&
64
56
31
91
21
29
Piqua Traction
Dayton & Western Traction
Dayton & Xenia Transit Co
Decatur Traction dr Elec ric Co
Delaware County A Philadelphia Elect. Ry.
- See United Power & T ausportation
Delaware Gen. Elec. Ry
Denison A -herman Rv..
Denver City RR.— See Denver City Tram...
Denver City Tramway
Denver Consol. Tram.- See Den. City Tram.
Derby Street Ry -See Conn. Ry. & Ltg. Co.
Des Moines Citv Ry
De8 MoinesSt.RR— See Des Moines City Ry.
Des Moines Suburban Ry— See Des M. City.
.
31
31
39
31
?1
31
91
31
55
33
33
91
33
33
33
33
33
27
33
33
33
33
33
70
37
91
33
33
33
18
35
35
35
Desplaines Val. Elec— See Chic. Des. Val. El. 67
Detroit & Chicago Traction
45
Detroit City Rv.-See Detroit United Ry
35
Det. Citizens' St. Rv.— See Det. United Ry. 35
Detroit Elec. Ry.— See Detroit United Ry.. 35
Detroit & Flint— See Detroit United Ry.
35
Detroit Fort Wayne A Belle Isle Ry.- See
Detroit United Ry..
35
Detroit A Lake St. Clair
See Detroit
& Port Huron Shore Line
37
Detroit Lake Shore AMt. CI- mens Ry.— See
Detroit A Port Huron Shore Line
37
Detroit & Northw.— See Detroit United Ry. 35
Detroit & Pontiac Ry.— iee Det. United Ry. 35
Detroit Plymouth * Northville Ry.— See
Detroit & Chicago Traction
45
Detroit Port Huron Shore Line
35
Detroit Ry.- See Detroit United Ry
35
Detroit Rochester Romeo & Lake Orion
Detroit
Flint
Ry
See
&
35
Detroit Sub. Ry.— 8ee Detroit United Ry... 35
Detroit & Toledo Shore Line.
37
Detroit United Ry
35
Detroit Utica & Romeo Electric— Fee Detroit United Ry
35
Detroit Ypsilanti Ann Arbor & Jackson Ry. 37
Dighton Rock Park Corporation— See Mass.
Electric Cos
13
Dighton Somerset & Swansea St. Ry. -See
Old Colony St. Ry
16
Dover Poruersworth A Rochester— See Exeter Hampton & Amesbuiy
38
Doylestown & Eas-ton Street Ry
91
Doylestown A Willow GroveRy
37
D. D. E. B'dway & Bat.— See Third Ave. Sys. 59
Dubuque Street Ry.—See Union Electric... 37
Duluth St. Ry.— 8ee Duluth Superior Tiact. 37
Duluth-Supe'ior Traction
37
Dunkirk <& Fredonia RR
40
Duquesne Inclined Plane (Pittsburg, Pa)
74
Duquesne Traction—See Consol. Traction 74
.
RR—
<fe
. .
East Cleveland— See Cleveland Electric
. .
astEndSt. Ry.— See Memphis St. Ry
East H. Pass.— See Harrisburg Traction
East Hartford A Glastonbury Street RR
See Hartford StreetRy
East Liverpool Railway
East Liverpool A Wells ville Street RR.— See
East Liverpool Railwav
East Middlesex Street Ry.— See Boston A
Northern Street Ry
EastOakland St. Ry.— See Oakland Tr. Co.
East Omaha Street Ry.- See Omaha C. B.
—
& Suburban
28
51
42
politan St.
37
16
63
64
Ry
&
47
Oregon(Port-
land, Ore.)
East Side Trac. (Syracuse. N. Y.)
Easton&Beth'hemTran.— SeeEas.Con Elec.
Easton Con. Elec. - See Lehigh Val. Trac.
Easton Palmer & Bethlehem Elec Ry.— See
Easton Consolidated Electric
Easton Transit- See Eastorj Con. Electric.
Edison Electrio of tfew Orleans- See N. O.
* Carrollton RR. Light & Power Co
Edison Elect. 111. Co. of Lebanon, Pa.— See
United Power A Tran sport ation
Edison Electric Light Co.- See Lancaster
County Ry. & Light
. .
.
Egypt
(111.)
Electric
Eighth Ave. RR.— See Metron. St. Ry. Sys.
Eiectric Traction (Philadelphia, Pa.)— See
Union Traction
Elgin Aurora A Southern Traction
Elgin City Carpentersville & Aurora Ry.—
See Elgin Aurora A Southern Tract
Elgin City Ry.— See E. A. & S. Tract
Elizabeth Plainfleld A Central Jersey.
.
.
Elizabeth Street Ry.— See Eliz. Plainfteld
Central Jersey Ry
Elmira A Horseheads Ry.— See El. W. L.
RR
A
A
Elmira Munio. Imp.—See El. W. L. <fe RR...
Elmira A S -neoa Lake- See Rys. Co. Gen'i.
Elmira Water Light A RR
Elm St. Conn. Ry.-SeeMet. St. Ry
Elmwood Ave. A Ton. Eleot.— See Int. Trac.
Ei Paso Electric RR
Elwood Elect.— See Union Trao. of Ind
Elyria A Oberlin— See Clev. Elyria A West.
Empire Pass. Ry— See Union Traction Sys.
Enfield A Longmeadow Elec. Ry.— See
Hartford A Springfield
Englewood A Chicago Electric Ry.— See
Chicago Elec. Trao
Erie City Pass. R\— See Erie Elec Motor. ...
Erie Electric Motor Co
Escanaba Electrio Rv
'5
38
38
68
38
56
20
91
7
28
69
86
24
38
38
38
Essex Elect. St. Ry— See Lynn A Boston RR Its
Essex Pass. Ry— See Newark Passenger Ry. 46
Evanston (III.) Electrio Ry.— See Chicago
25
Corsolidated Traction
Evansville Electrio RR
38
38
Exeter Hampton & Amesbury
Exeter tN. H.) Street Ry.—See Exeter
Hampton A Amesburv
38
Exposition Traction (Charleston)
23
New Wiiatcom Ry.— Bee
Northern Py. A Imp't
Fair Haven A Westville RR
Fairmount Park A Delaware River Passen-
39
55
. .
69
Fairhaven
<fc
ger—See Germantown Passenger Ry
Fairmount Park A Haddington Pass. Ry
See Hestonville Mantua A Fairmount
Fairmount Park Transportati on Co
Fairmount Passenger Ry— See HestonviUe
Mantua A Fairmount Passenger Ry
Farminctoa street Railway
Federal Street A Pleasant Valley Ry.— See
United Traction System, Pittsburg
Ferries A Cliff House Ry— See Market St. Rv.
Findlay A North Balto.— See Toledo Bowling Green A So. Traction
Findlay Street Ry.— See Toledo Bowling
Green A So. Tract ...
First Avenue Ry.— See Seattle Electric Co.
Fishkill Elec. Ry.— See Citizens' Street Ry.
Fitchburg A Leominster Street Ry
Flushing A College Point Elec Ry.— See
N. Y. AQueens Co
Fond du Lac St. Ry. A Light
Fort Clark St. Ry. See Cent. Ry. (Peoria)
Fort George A Eleventh Avenue RR.— See
Met. St. Ry. Sys
Fort Pitt Traction— See Cons'd Trac (Pitts.)
Fort Scott Con. Supply Co.
Fort Smith St. Ry -See Ft. SmithTr.,L.AP.
Fort Smith Traction, Light & Power
Fort Wayne Consolidated Ry.— See Fort
Wayne Traction Co
Fort Wayne Electric— See Ft. W. Traction..
Fort Wayne Street RR.— See Fort Wayne
Traction
Fort Wayne Traction Co
Fort Worth A Arlington Heights Street Ry.
Fort Worth Street Ry —See Northern Texas
Traction
Forty-second Street A Grand Street Ferry
RR See Metropolitan St. Ry. System
Forty-second St. Manhatv. A St. Nicholas
Ave. Ry— See Third Avenue System
Fountain Head RR. (Knoxville, Tenn.) -See
Supplement of Feb., 1898.
Fox Riv. Elec. Ry.&Pow. (Green Bay, Wis.)
. .
—
69
67
73
82
87
87
83
39
39
75
86
6
6
6
6
56
70
48
21
58
69
38
38
38
75
Ry
74
39
39
39
39
39
39
39
39
39
58
41
40
91
40
Galveston City Railway
40
Gardner Elec. St.Ry.— f ee G.W. A F St.Ry. 40
Gardner Westminster A Fitch St. Ry
40
Geary Street Park A Ocean RR
82
General Electric Railway (Chicago, 111.)... 25
Geneva A Waterloo Ry.— See Geneva Waterloo Seneca Falls A Cayuga Lake Traction 40
Geneva Waterloo S. F. & Cayuga L, Tract 40
Ueorgeto wn A Lexington Traction Co
91
Georgetown Rowley A Ipswich
40
Georgetown A Tenailytown Ry
88
Germant'n Pass. Ry— See Union Trac Sys. fc9
Gettysburg Elec. Ry.— See May,189-<,Srrpp.
Glens Falls 8andy Hill A Ft. Edward Street
RR.-See Hudson Valley Ry
Glen Oak & Prospect Heghts Ry.— See Peoria A Prospect Heights
Glen wood A Polytechnic College St. Ry
Globe Street Ry. (see Old Colony St. Ry.)..
Gloucester Essex A Beverly (see Lynn A
Boston Ry.)
Gloucester A Rockport (Mass. Elec. Cos.)..
Gloucester St. Ry. (see Lynn A Boston Ry..
Grand Avenue— See Metropolitan Street...
Gd. Rapids Gd Haven <fe Muskegon Ry
nd Rapids Holland A Lake Michigan
Grand Rapids Ry
Grand St. A Newtown.— See Bkln.Rap.Tran.
Grant St. Electric Ry.— See Seattle Elec. Co.
Great Falls (Montana) Street Ry
Greene A Coates Sts. Philadelphia Passenger Ry— See Union Traction System
27
79
Hammond Whiting A E. Chi. Elec. Ry.. ... 42
Harrisb. City Pass.— See Harrisburg Trac. 42
Harrisburg A Mechauicsburg Electric Ry.. 42
42
Harrisburg Traction
Hartford Manchester A Rockville Tramway 42
Hartford A Springfield St. Ry
86
42
Hartford Street Ry
Hartford Turnpike— See United Rys.AElec 10
Hartford & West Hartford Horse RR— See
42
Farmington Street Railway
A Wethersfleld RR— See Hartford
Hartford
St.Ry
Havana
...
Electric
Ry
Haverhill A Amesbury Street Ry
Haverhill Georgetown A Danvers
Helena G. L. A Coke—See Helena P.
Helena Power A Light
A
42
91
43
41
L... 43
43
43
Henderson (Ky.) Electric Street Ry
Herkimer Mohawk Ilion & Frank. Elec. Ry.
— See
Utica
A Mohawk
Valley
Ry
88
Mantua A Fairmount Pass. Ry. 69
Highland Av.A Belt RR.-See Cons. Bir12
mingham Ry. Light Power
Highland Park A Fruit Vale RR.— See Oak
63
Ian d Tran sit Co
Hestonville
Highland Park Ry— See Detroit United Ry. 35
55
Highland RR. (New Albany, Ind.)
Highland St. Ry—See West End St. Ry
13
Hingham (Mass.) St. Ry.— See Old Colony
16
St. Ry
43
Holyoke Street Ry
Holmesburg Tacony & Frankford Elec. Ry.
70
—See United Power A Transportation
Home Avenue RR., Dayton. Ohio
33
Home Electric Co., Dubuque, Iowa.— See
A Canisteo Ry
Horaellsville Electric
Ry
41
66
39
16
16
16
16
47
41
41
41
18
83
41
69
37
74
63
43
44
44
44
Hot Springs Street RR
44
Houghton County St. Ry. (Mich
44
Houston Electrio Co
Houston Electric Street Ry.— See Hou&tun
44
Electric Co
Houston Heights Electric Street Ry.— See
44
Houston Electr cCo
)
.
Houston W.St. A Pav.F.— SeeMetro'n St.Ry. 58
Hudson Street (N. Y.) Ry.— See Albany A
44
Hudson Ry. A Power
41
Hudson Valley Ry
44
Huntington RR
Hyde Park Elect. Light (Mass. Elec. Cos.) 13
Electrio Ry.— See Indiana Ry
ndiana Ry. (South Bend)
IndianapolisA Broad Ripple Rap. Transit
See Broad Ripple Traction
Indianapolis A Greenfield Rapid Transit..
Indianapolis A Logansport Tra tion Co
Indiana
59
91
Ry
Trans.— See
Htrrnellsville
83
Frostburg Eckhardt A Cumber I'd Elec Ry. 91
Fulton Elevated— See Kings Co. Elevated.. 19
Fulton Street RR.-See Met. St. Ry. System 58
Fulton Wall A Cortlandt 8t. Ferries RR.See Wall A Cortlandt Street Ferries Ry.
60
Attalla Union
42
El.
58
Wash
ainesville A Dah'onega Electric
Galesburg Electric Motor A Power
Hagerstown Railway
Hamilton A l.indenwald
So. Ohio Traction.
Hamilton Street Line.
Union Electric
Homestead A Highlands Street Ry.— See
Monongahela St. Ry.. PHtsburg, Ta
Hoosao Valley (North Adams, Mass.)St. Ry.
Hoosick Ry.— See Bennington A Hoosic Val.
(
Gadsden A
Hagerstown A Boonsboro Ry.— See Hagerstown Ry
42
49
39
66
Framingham Union Street Ry
Frankford A Fairmount Park Ry.— See
Union Traction Co
69
Frankford A Southwark Passenger Ry.
See Union Traction System
69
Frankf't A Suburban Ry. (Frankfort, Ky.). 40
Franklin Pa.) Electric Street Ry
40
Frederick A Midaletown Elec. Rv
40
Mfg.
Fries
A Power Co.—See Winston-Salem St. Ry
... 90
Front St. Cable Ry.—See First Ave. Ry.,
Seattle,
Page.
Green Lake Elec Ry.— See Seattle El. Co.. 83
Greensbuig Jcann. A Pittsburg—See Harrisburg Traction
42
Greenfield A Turners Falls Street Ry
42
Greenp. A Lorimer St.— Sec Bkln. Rap.Tran. 18
Greeenwioh A Schuylersviile Elec RR.
See Hudson Valley Ry
41
Gwynu's Falls Ry. of Bait.— See United
Railways A Eleo
10
<fe
69
42
. .
42
37
East Reading Elec. Ry— See Reading Tract. 7
East St. Louis Electric Street RR
38
East Side Elect. (Kansas City)- See Metro-
East Side Ry. Portland City
93
Indianapolis Street Ry
International Traction Co. (Buffalo)
Inter-State Consolidated StreetRy
Inter-State & Leav. Ry.— See Kansas City
A Leavenworth Ry
R'y.— See Saginaw Val Trao...
Ithaca Street Ry
Jackson (Mich.) A Suburban Elec. Traction —See Detroit A Chicago Tract
Jacksonville (111.) Ry
Inter- Urban
Jamestown StreetRy
84
84
44
45
91
44
20
63
48
79
45
45
45
45
45
Janesville Street Ry. (Wis.).
Jasper County Electric Ry. (Carthage, Mo.)
See Southwest Missouri Elec, Webb City. 89
Jefferson Avenue Ry.— See United Rys. Co.. 79
45
Jeffersonville City Ry
47
Jersey Central Traction Co
Jersey C'y A Bergen RR— See No. Jer'y St.Ry. 46
Jersey City Harrison A Kearney Ry. Co.—
45
See North Jersev St.Ry
43
Jersey City Hoboken A Paterson
Jersey City Hoboken A Rutherford— See
43
Jersey City Hoboken A Paterson
41
Johnstown Gloversville A Kingsboro
46
Johnstown Passenger Ry
Joliet Railroad— See Amer. Rys.ALight Co. 67
Kankakee
Electric
Ry
46
ansas City Cable— See Metropolitan St. 47
47
Kansas City Elev. Ry— See Met. St. Ry
Kansas City Lawrence A Copeka
Kansas City-Leaven worth
Kansas City A St. Joseph Elect. RR
Keokuk Eleot. Ry A Po wer to wa>
Keyport A Matawan St. RR.- See Jersey
.
Central Traction
(
Kinder hook A Hudson- See Albany A Hudson Railwav A Power
Kingsbridge RR.-See Union Ry
Kings Co. Elevated.- See Brooklyn Rap.Tr.
Kings Co. Traction See Nassau Electrio...
Kingston City RR.— See Kingston Cons. Ry.
Kingston ConsolMa'ed Ry
Knoxville Street RR.-See Knoxville Trao.
Knoxville Traction
Kokomo City Street Ry.-8ee Kokomo Ry.
ALightCo
Kokomo Ry. A Light Co
46
48
47
47
47
44
60
9
19
J
47
47
47
47
48
48
Lackawanna Valley Traction— See Scran83
ton Ry
Lackawanna A Wyom. Val. Rap. Trans. Co. 83
INDEX TO RAILWAYS.
94
Laeonia Street Ry
Laeonia A Lakeport
By
B
St.
Page.
48
By.— See Laconia
Lacrosse Citv Rv
Lafayette Street Ry
Lake Cities Klectnc Kv
Lake Out. A Riversule Kv.— See Oswego Tl.
Lake Roland El.— See United Rvs. A Klec.
Oo of Baltimore
Lake Shore Electric (Cleveland)
Lakeside Street By.—See Duluth Sup. Tr.
Lakeside Kv., Mahanov City, Pa.- See
.
4S
4S
4s
52
03
10
2*
37
48
Laucaster A Columbia— See Lancaster Co.
Ry. A Lt. Co
43
Lancaster County Ry. A Light Co
48
Laucaster Gas Light A Fuel Co.— See Lancaster Co. Ry. A Lt
48
Lancaster A Miinheim Ry.— See Lan. Co.
Ky. A Light Co
48
Lancaster Meelianiesburg A New Holland. 4?
Lancaster * Miller.-ville.— See Lancaster
Co. Ry. A Lt. Co
4S
Lancaster A Mt. Joy.— See Lan. County Rv.
*..
ALlghtCo
48
Laoca- ter Rv.— See Lancaster Co.Ry. A Lt. 4S
Lancaster Willowtree Lampeter A Stras
48
burg.—See Lancaster Co. By. A Lt
Lansing City Electric Railway (Michigan)
48
Larclimont Horse Rv.— See N. "V. A Stamford Ry
60
Lawrence & Reading.— See Mass. Elec. Cos. 16
.
Leavenworth Electric .RR-8ee Kansas
CI y-Leavenworth Ry
Leavenworth A Lansing Ry.— See Kansas
IS
City-Lravenworth Ry
48
Lebanon A Annsvllle Street Ry.— See Lebanon Valley Street Ry
70
Lebanon Valley Street Ry.— See United
Power A Transportation
70
Lehigh Traction— See Wilkesbarre A Hazleton RR
43
Lehigh Valley Traction (Alleutown, Pa.)..
6
Leominster A Clinton St. Ry.- See AYorces
ter Con. St. Ry
90
Lewisburg Milton A Watsontown Pass.Ry.
— See Railways Co G-neral
68
Lewiston A Auburn RR.— See Lew. Bruns.
A Bath St. Ry
48
Lewiston Brunswick A Kath St. Ry
48
Lewiston Connecting Bridge.— See International Traction
21
Lewiston A Youngstown Frontier RR
61
Le>ington Avenue A Pavonia Ferry Ry—
See Metropolitan Street Ry
56
Lexington A Boston St. Ry
13
Lexington Railway.
49
Lima Electric Ry A; Light
49
Llma-Honeoye Electrio Light & RR
49
Lincoln (Neb.) Street Ry.— See Lincoln
(Neb.), Trac
49
Lincoln (N'eb.) Traction
49
Llndell Ry.— See United Railways Co
79
Miami Traction Co
91
Rock Traction A Electrio
49
Lock Haven Traction- See Susquehanna
Traction
49
Little
Little
&
Lockport
Olcott.—See
International
Traction
Logansport Rochester A Northern
Lombard A South Street Passenger Ry— See
Frankford A Southwark Pass. Ry..
Lonaconing Midland A Frostburg Ry
Long Island Electric Ry.— See New York &
North 8hore
Long Island Trac—See Brooklyn Rap. Tr
Lookout Incline A Luia Lake See Chattanooga A Lookout Mt
Loop Road See Union Elevated
Lorain A Cleveland RR. — see Lake Shore
. .
—
Ry.— See Cleveland Elyria
Western
Lorain Street Ry
Los Angeles Ry
Los Angeles Pacific RR
Los Angeles A Pasadena;Elec. Ry. — See Los
Angeles Ry
Los Angeles Traction
Louisville Anchorage A Pewee Valley Ry..
'Louisville City Ry—See Louisville Ry
A
i
Louisville
Ry
A Boston Street Ry
A Suburban St.-See Lynn A
RR
Lowell
Lowell
ton
21
49
69
91
20
18
23
26
28
50
50
50
50
50
91
50
50
91
Bos-
16
Lowell Lawrence A Haverhill. See Boston
16
A Northern Ry
Lynchburg A Rivennont street Ry —See
Lynchburg Tract. A Light
50
Lychburg Traction A Light
50
16
Lynn rselt-See Lynn A Ronton
Lyi.n A Boston RR.— See Boston A North.
16
St. Ry
'
eon
aeon
51
Consolidated Street RR
Electric Light A Ry
51
Elec.
St. Ry. (Ga.)—
Macon A Ind. Spring
~<i
See Macon Elect]
in (;ity Ry.— See Madison Elect Ry. 51
Madison Electric Ry.— See Madison Trac1T.1
tion
Co
">1
Ry.— See
it Cable
Seattle El. Co.. 84
Madison Traction Co
ling Valley Ry.
Mali
51
(Youngstown,
Agricultural Park
O.)
..
RR.— See
90
50
Ry.— See Manchester
51
Tm
A Power
Manchester Traction Light A Power Co
51
Manhattan Elevated Ry.—See Investors'
Man*
Man;
Man
t
City
ec. bt.
A
East Lake
Ry.— See
Ry
51
Citizens' Elec.
51
K. L.AP
w Haven)
55
Manufacturer-' BB
RR.
(Elmirai—
W.
L.
Avenue
See
El.
iMaple
|
|.
ARR
I
7
Maryland Eleotrio Ry".
Maryland Traction— Bee United Railways A
Klectrio of Baltimore
City A Clear Lake Ry
Massachusetts Electrio Companies
51
82
82
51
91
51
91
10
51
13
RR.-See Los Angeles Rv
50
Mauch Chunk L^hitihton A Slatlngton Ry.. 91
MoGavonk A Mt. Vernon Horse RR— See
Mateo
St.
Nashville Ry
M( Keesp't Wiliu'g
54
ADuquesneRy.
(Pittsb.)
—See Pitts. MeKeesport A Connellsv ... 7 4
Mechanieville A schuylerville.— See Hudson Valley Ry
41
Medtield a Medway Street Ry. (Westwood.
Mass.)
.
Memphis A Raleigh Springs RR.— 8ee Mem-
Ry
phis St.
89
51
51
Memphis street Ry
Menasha A Neenati Street Ry
Menominee Electric Light Rv. A Power
54
52
Ry... 71
Mercer Co. Traction—See Trenton St.
Merchants Electrio Light Co.— See New Orleans A Carrollton P.R. L'ght & P. Co ...
Merideu Electric RR
Meriden Horse RR.— See Merlden Elec...
Merideu Southington A Compounoe Tram.
Merrill Ry. A Lighting Co
Merrimack Val. St. Ry— See Lowell Law.
rence A Haverhill St. Ry
Metropolitan Elec. See Springfield Tr. (Mo.)
Met. Crosstown RR— See Met. St. Ry
Metropolitan Railway, 8an Francisco, Cal.
8ee Market Street Railway
Metropolitan Ry.— See Portland (Oreg.) Ry.
Metropolitan RR— (Washington, D. C.)
Metropolitan RR— See West End St. Ry.,Bos.
MetronolitanSt.RRr-See Denver City.Tram.
Metropolitan St. Ry.— Kansas City, (Mo.) ...
Metropolitan St. Ry. (N. Y.)
Metropolitan West Side Elevated Ry. (Chicago,
111.)
Miami A Erie Canal Transportation Co
Maniisnurg & lieruiantown.— See So.
OhioTrac
Miami Valley Ry. (Piqua, Ohio)
Michigan Traction of Kalamazoo and Battle Creek— see Railways Co., General
Michigan A West Shore Traction Co..
Middleboro Wareham A Buzzard's Bay
56
52
52
52
91
13
33
91
27
72
-
[38
53
Mil. Light. Heat A Traction
Mineral Ridge A Niles Electric— See Mahon91
ing Valley
Minneapolis A St. Paul Suburban— See Twin
53
City R T
Minneapolis St. Ry— See Twin City Rap. Tr. 53
Mississippi Valley Trans.— See St. Louis A
80
Kellevil e Traction
79
See United Railways Co
Missouri
53
Mobile Light A RR
53
Mobile Street RR
Mobile A Spring Hill RR.— See Mo. Lt. A RR. 53
Moline Central Street Ry.— See Tri-Olty Ry. 33
RR—
49
Monmouth Tract.-Seo Camden A Trenton. 22
Monongahela Street Railway
,.
Montgomery A Chester Electric Ry
Montgomery Street Ry
Montgomery Suburban Street Ry
Montreal (Can.) Street Ry
MontviileSt. Ry
Motor Line Improvement— See >Voodl'ndCo
Montonnvllle Pass
Ry— See Railways Co.,
General
74
72
53
54
54
-'4
37
<*8
Mound City RR-See United Rys. Co
Mt. Adams A Eden I'k. Incl. See Ciucin<
\
79
<*
Mt. Auburn Cable Railway.. I nati St. Ry. 5
See P. A B.
Mt. Oliver Incline Plane Ry
—
Traction system
74
Multnomah St. Railway— See Portland Ry.. 76
Muncie Anderson A Indianapolis— See
7
Union Traction of Ind
54
Mu-eatine Electric Ry
Myersville A Catoctin Ry.-Sce Frederick
40
A Middletown....
Mystic Valley St. Ry.— See Lynn A Boston
16
St. Ry.i
St. Ry.— See Wilk. A W. V. Tr. 71
annua street Ry.(Mass. Elec. Co.'0
16
Nashville A Edgefield RR— See Nash. Ry.... 54
Nashville Ra;' _.
54
TW'anticoke
1^1
.
.
79
1©
16
54
91
54
54
60
00
46
46
45
45
Middleb. & Brookton— See
Old Colony St. Ry.
13
New Brunswick City Ry.— See Middlesex &
New Bedford
Somerset Tr
55
Newburg Elec. Ry.— See Orange Co. Trac... 60
Newburg A Orange Lake RR.— See Orange
County Traction
60
Newburyport A Amesbury RR.—See Citizens Elec St. Ry
61
New
ton
Castle
& Delaware City-See Wilming-
A New
Castle
.*. . .
Power Co
90
55
55
55
55
42
46
56
56
Newport Illuminat'g— See Mass. Elec. Co.'s 13
Newport Street Ry.— See Boston A Northern
St.
Ry
16
Newport A Fall River Street Ry.— See
A Northern
St.
Ry
18
Newport News Hampton A Old Point Ry.—
See Newp. News A Old Pt. Ry. A Electrio.
Newport News A Old Point Ry. A Electrio.
Newton A Boston Street Ry
Newton Street Ry
Newtonville A Watertown Street Ry
Newtown Elec St. Ry.— See Rys. Co. Gen'L
Newtown Ry.— See N. Y A Queens Co. Ry.
.
—
Electric
.
Boston
68
91
.
mouth County
United Railways Co
Naumkeag St. Ry— See Lynn A Boston RR.
Needham & Boston— See Old CoIod.v St. Ry.
Negaunee A [shpeming St. Ry. A Klectrio..
Nevada County Traction Co
New Albany Ry
New Albany St. Ry— See New Albany Ry
Newark (O.) Con. Elec— See Newark A
Granv. Elec. St. Ry
Newark (O.) A Granville Electric Street Ry.
Newark A Hackensaek Traction
Newark Passenger Ry.—See North Jersey
Street Ry
Newark Plank Road— See No. Jersey St. Ry.
Newark A South Orange Ry.— See North
Jersey Street Ry
New Orleans City RR
56
47 New Orl. City A Lake RR.— See N. O. City.. 56
56 New Orleans A Pontchartrain Ry
..56
Newport A Davton Street Ry— See Cincin2*
31
nati Newport A Covington Ry
91
St. Ry
Middlesex RR— See West End St. Ry., Bost. 13
55
Middlesex A Somerset Traction
Middleton A Danvers.— See Mats. Electrio
Companies
16
Middletown A Bloomingsbiug Tract.—See
52
Middletown-Goshen Electric
52
Middletown-Goshen Electric
Middletown Goshen Traction— See Middle52
town-Goshen Electiic
Middletown H. AS.— See Harrisb. Traction. 42
52
Middletown (Conn.) Street Ry
Milford Attleboro A Woonsocket St. Rv... 52
Milford (Conn.) Street Ry.— See Conn. Ry.
18
ALightingCo
Milford Holliston A Framingham St. Ry.. 52
Milford & Hopedale St. Ry— See Miiford
52
H. AF.St. Ry
27
Millcreek Valley RR (Cincinnati, Ohio)
Mill vale Etna A Sharpsburg Street Ry.—See
74
Allegheny Traction
52
Millville Traction
Milwaukee Burlington A Lake Geneva RR.. 91
Milwaukee City—See Milw. Elec. Ry. A L.. 52
52
Milwaukee Electric Ry. A Light
53
Milwaukee Light Heat & Traction
Milwaukee Racine & Kenosha Electric Ry.—
See Milwaukee Light, Heat A; Traction Co. 53
Milwaukee Street Ry.— See Milwaukt e Ele52
vated Ry. A Light
Milwaukee A Wauwatosa Motor Ry.— See
Mo.i
Page.
Nashville Street Rv.— See Nashville Ry
54
Nashville A Suburban Ry.— See Nashv'eRy. 54
Nassau Electrio RR— See Brooklyn Rapid
Transit
20
Natick A Cochituate Street Ry
54
National Railway, St. Louis, Mo.— See
New Castle Traction
New England Street Ry
New Haven A. Centre ville Street Ry.— See
16
Fair Haven A Westville RR.
85 New Haven Street Ry.— See Fair Haven &
66
Westville RR
New Jersey & Hudson River Ry. A Ferry..
82 New Jersey Traction— See Con. Trac. Sys..
76 New London Street Ry.
88 New Orleans A Carrollton RR. Light A
. .
28
Electric
Lorain Co. St.
ol Indiana..
Marion Street Kailwav (Marion. O.)
Market St. Cable Co.— See Market St. Ry
Market Street Ky
Marshalltown (Iowa) Light Power A Ry...
Marl two a Westboro Street Ry
Marlborough street By
Mason
Schuylkill Traction
41
Lake Street Elevated RK. (Chicago 111.) .. 26
Lancaster Citv Street— See Lancaster Co.
Ry. « Lt. Co
Page.
Mariou City Ry. (Indiana)— See Union Trao.
61
61
61
61
61
68
49-
New Williamsburg A Flatbush RR.— See
18
Brooklyn Rapid Transit
A White Plains.— See Tarry60
town W. P. A Mamar. Elec. Ry.
New York A Harlem RR.-See Met.St. B y.Sya. 58
20
New York A North Shore Ry
New York A Phila. Traction— See MiddleTraction
55
sex A Somerset
91
New York A Port Chester Ry
New York A Queens County Ry., L. I. City. 49
60
New York A Stamford Ry
85
New York A Staten Island Electric Co
60
N. Y. Westchester A Conn. Tractio a
Niagara Falls & Lewiston—See Niag.Goige 61
Niagara Falls Park & River— See Interna21
tional fraction
Niagara Falls A Suspension Bridge Ry.—
21
See International Traction
Niagara Falls Whirlpool A Northern Ry.—
21
See International Traction
61
Niagara Gorge RR. Electric)
Ninth Avenue RR.— See Metro. St. Ry. Sys.. 58
N. Y. Elmsford
(
Norfolk A All. Term— See Newport News
A Old Point Ry. A Elec
Norfolk Cen. St. Ry.— See Old C lonySt.Ry.
Norfolk Western
Norfolk (Va.) City RR— See Norfolk Ry.A L.
Norfolk (Va.) & Ocean View RR.-See Norfolk Ry. & Light
Norfolk Portsmouth A Newport News
Norfolk (Va.) Ry. & Light.
Norfolk Southern St Ry. (Norwood, Mass.).
Norfolk (Va.) Street RR.-See Norf. Ry.A L.
Norfolk Suburb. RR.-See Old Colony St.Ry.
61
16
89
61
61
63
61
63
61
16
63
Northampton Street Ry
63
Northampton A Amherst St. Ry
North Chicago City Ry— See N. Chic. St. RR. 25
North Chicago Electric Ry.-See Chicago
24
Consol. Traction
25
North Chicago Street RR
Nortli End St. Ry. (New York, N. Y.)— See
Si pp. for August, 1898.
North Dallas Circuit Ry.— See Dallas Cons.
Electric
North DetroitElec— See DetroitUnited Ry.
North End Street Ry— See Worcester Cons.
Northern Electric Ry. (Chicago)
North Greenfield & Waukesha Elec -See
Milwaukee Light, Heat A Traction
North Hudson County Ry. (Boboken, N. J.)
North Jersey St. Ry. (Jersey City, N. J.)...
North Park Street Ry. (Grand Rapids, Mich.)
North Side Consolidated St. Ry. (Chatt.c.
North Side Electric Ry.— See Chicago Con.
Traction
31
35
90
26
53
43
45
41
23
25
North Side Passenger Ry. (Pittsburg)— See
74
Citizens' Traction
North Side Traction— See United Traction
(Pittsburgi
Northern Railway A Improvement
Northern Texas Traction (Ft. Worth)
North Woburn Street -See Lynn A Boston.
Northern Ohio Traction
Northwestern Elevated (Chicago)
Norton A Attleb'gh— See Norton A Taunton
Norton A Taunton Street Ry
Norwalk Street Ry.—See Connecticut By.
„_A Lighting Co
73
39
39
16
5
28
63
63
18
—
...
1
1
INDEX TO RAILWAYS.
Page.
Norwalk Tramway.— See Conn. Ry.ALtg. Co. 18
63
Norwich Street Rv
Nyack (N. Y.) Traction.— See Rockland
63
County Traotion
Oakland
Consolidated Street
Ry.— See
Observatory Hill Pass. Ry.— See Federal
St,
73
A Pleasant Valley Ry
Offden Street Ry— See Chicago Con. Traction 25
Ogdensburg Gas.— See St. Lawrence Gas,
Klec. A Trans Co
64
Odgensburg Power A Light.— See St. Lawrence Gas, Eleo. & Trans. Co
64
Ogdensburg Street Ry. —See St. Lawrence
64
Gas. Elec. A Trans. Co
Ohio Central Traction (Gallon, Ohio)
Ohio River Eleo. Ry A Power
RR.—See
Jer. City
Hoboken
Paterson
Ry.-See
Jersey
Pittsburgh Traction Co
Plymouth Bridge Co.— w ee Wilkesbarre &
Wyoming Valley Traction
Plymouth & Kingston St. Ry.—See Brockton & Plymouth St Ry
Plymouth St. Ry.— See Wilkesb. & W. V. Tr.
Port Carbon & Middleport Electrio Ry.See Pottsville Union Traction
Portchester St. Ry.- See N. Y. & Stamford
6ft
65
7
&
Cent.
New
Ry...
74
72
""-i
—
72
Saginaw Consol— See Saginaw Val. Trac
Saginaw Suburban Ry
Saginaw Valley Traction
74
75
72
75
75
& Newport News
—
Rv
Ry— See Market Street Ry
& Ferries RR
Powell Street
A Monson— See Springfield A EastPresidio
f6 Prospect Park & Coney Island.— See BrookParkersburg Tnterurban Rv
91
lyn R. T
Park City Railway.— See Bowling Green Ry. 16 Providence Cable Tramway— See United
Park & Cliff House— See Market Street Ry. 82
Traction A Electric
Park & Ocean RR.—See Market Street Ry
82 Providence & Danielson Ry ..
Pasadena A Mount Lowe Ry
50 Provide o ce & Fall River Street Ry
Passaic & Newark Electric Traction— See
Providence & Taunton St. Ry —See Old ColNorth Jersey 8t. Ry
ony St. Ry
46
Pass. * Belt Ry— See Lexington Ry
49 Pueblo Light A Power
Paterson Central Electric Railway.— 8ee
Pueblo Traction & Lighting.
J. C. Hoboken A Paterson
43 Public Works Co. (Bangor, Me
Paterson City Railway—See J. C. Hoboken
A Paterson
43
«uakertown Traction— See Lehigh ValPaterson Horse RR.— See J. C. Hoboken &
ley Traction
Paterson
43
yueen City Ry.— see Dallas Consol'd ElecPaterson Passaic & Rutherford— See J. C.
tric St. Ry
Hoboken & Paterson
43
)
Penn Yan Keuka Park & Branchport Ry
. .
Penobscot Central Rv. (Bangor, Me.)
People's Elec— See Springfield Consol
43
£9
76
66
66
Quincv & Boston Street Ry. (See Old Col
ony Street Ry.)
Quincy (111.) Horse Ry. & Carrying
6
65
Railways Company General
ailway & Electric of Sedalia— See
lia Electric & Railway
48
63
46
74
66
11
85
People's Light A Railway Co
85
People's Pass. Ry— See Union Trac System 69
People's Railroad— See Syracuse Rap. Tran. 86
People's Ry. (St. Louis)— see United Rys.,
St. Louis
79
People's Ry.- See Pottsville Union Trac!.' 76
People's Ry of Wilmington, Del
91
People's St. Ry. (W. Newbury, Mass.)— See
Lowell Lawr. A Haverh
16
People's St. Ry. (Dayton, O.)— See Am. Rys. 67
People's Street Ry— See Scranton Ry
83
People's Traction. N. Y.-See N. Y. Westch.
& Conn. Traction
60
People's Traction.Phil ,Pa.-SeeUnionTrac 6^
76
76
77
76
76
82
82
People's Tramway Co. (Killingly, Conn.)..
Peoria A Pekin Termin al Ry
Peoria A Pekin Traction.— See Peoria A
Pekin Terminal Railway
Peoria & rospect Heights Ry
Perry Street Pass. Ry— See Federal Street
A Pleas. Valley Railway.
Philadelphia & Bristol Passenger Ry
Phila. Castle Rock & West Chester -See
Phila. & West Chester
Philadelphia & Chester Ry
Philadelphia City Pass. Ry— See Union
Traction System
i
Philadelphia Co. (Pittsburg, Pa.).
Phila. & Darby Ry— See Union Trac. Sys. .
Philadelphia AGray's Ferry Passenger Ry
—See Union Traction System...
Phila. & Lehigh Valley Traction— See
Lehigh Valley Traction
Philadelphia Traction -See Union Trac*. V.
Philadelphia & West Chester Traction
.
Piedmont & Mountain View Railway— See
Oakland Transit Co
Piedmont Traction— See South Side Ry.'a
.
Development
20
76
91
77
16
77
77
11
6
31
47
6tt
66
66
73
67
tion (Readiog)
Richmond Ry. A Electric— See Rich. P. A P.
Richmond Traction
Ridge Avenue Connecting Passenger Ry.
See Union Traction System
67
Ridgefleld A Teaneck
R. Ry. A;F
',2
Riverside Park
Ry.-See N.
72
69
69
6
69
67
63
66
Roanoke Ry. A
J.
Ry.— See Sioux City
13
77
84
91
37
37
23
33
A H.
31
46
7
13
71
71
71
71
91
77
7?
77
77
70
42
Trac-
84
tion
rg
21
Feb., 1898. Supp.
Reading A Temple Electric Railway— See
Reading Traction
Reading Traction— See United Traction Co. .
Reading A Womelsdorf Electric— United
Traction Co
Redlands street Railway
Rhode Island Suburban (Providence)
Richmond Pass. A Power
Electric
A
St Lawrence Gas, Electric
tion Co
A
A
.
A
Transporta-
64
St.
'.'.'.
'
'.
A Suburban Ry
81
Louis Cross. Co Ry.— See United Rwys.
79
Co
St.
Louis County
St.
Railway— See United
Railways
Louis A E. St. Louis Elec. Ry
St Louis A Illinois Suburban Ry
St. Louis A Kirkwood RR
St. Louis A Meramec River RR
St. Louis A Suburban Ry
St. Louis Tract'n— See United Railways Co.
St. Louis Transit
St. Paul City Ry— See Twin City Rap. Tran
Salem Power, Heat A Traction Co
Salem & Wakefield (See Mass. Elec. Cos )
Salt Lake City RR.— See Consolidated Ry.
St.
.
79
1
£
9i
81
81
81
79
SI
53
91
13
A Power
81
Lake Rapid Transit— See Consolidated
Railway & Power
81
San Antonio Edison Co.— See Southern
Lgt. A Trac
81
San Antonio Street Ry.— See Southern
Light
A
Traction
San Diego
68
Rapid Transit Railway (Dallas, Tex.)
Rapid Transit St. Ry— See No. Jersey St.Ry.
Reading City Pass.Ry— See Reading Trac ...
Reading A Lowell— See Mass. Klec Co. ..
Reading & Southwestern— See United Trac-
A
Salt
8eda-
Railways A Light Co. of America
Rapid Railroad (Detroit)— See Det. & Pt.
a. Shore Line
Rapid Railway.- See Det. &. Pt. H. Sh. L..
Rapid Transit of Chattanooga. Tenn
Rapid Transit Co. of Ohio— See Dayton &
Xenia Transit Co
Rapid Transit Line, Knoxville, Tenn. —See
A
A
St.
Queenston Heights Bridge— See International TractioD
RR
St. Charles St.
St. Clair Incline Plane
Benton Street Ry. (see Benton
St. Joseph
Harbor St. Joseph Elec. Rv.
Lgt.).... 79
Power (Mo.) . 7 9
St. Joseph Ry. Light, Heat
St. Jo. Trac.
Lights-See St. Jo. L. H.
P. 79
60
ern
.
79
79
79
56
74
76
75
71
7ft
Portland (Me.) Railroad
Portland (Oregon) Ry
76
Portland & Vancouver Ry— See Portland Ry. 76
Portland & Yarmouth Electrio Ry.— See
Portland RR
75
Port Norfolk Electric Railway— See Nor-
folk Ports.
Electric, Gas A Railway
78
Saddle River Traction— See Jersey City
Hoboken A Paterson
43
Louis A Belleville Elec. Ry.-See St. L. &
B Tract
P
""."""
81
St. Loui s & Belleville Tr action.
St. Louis Belleville A Suburban Ry.— See
Louis
St.
A Belleville Tract
81
St. Louis Cable A Western Ry— See St. Louis
71
75
Portland(Conn.)St.-SeeMiddletown St.Ry. 52
Port Richmond & Bergen Point Ferry.—
See No. J. St. R'way
Portsmouth (Va.) River Front Ry.— See
Old Dominion Ry
Portsmouth St. Ry. See Old Dominion Ry.
Pottsville A Reading Ry— See Pottsville
Union Traction
Pottsville Un. Trac. (Pottsville. Pa.)
Poughkeepsie City & Wappinger's Falls
Rockland Coimty Traction
63
Rockland Thomaston A Camden Street Ry. 78
Rookport Street (Mass Elec Companies).. 13
Rome (N. Y.) City Street Ry
78
Roxborough Chestnut Hill A Norrist'n Ry.
—See United Power A Transportation... 70
Rutland Street Rv
73
CJacramento
of Portland, Ore
Palmer
Paterson Railway— See Jersey City Hoboken & Paterson
Pawcatuck Valley Street Ry
Pawtucket St. Ry— See United Trac. A Elec.
Peekshill Lighting A RR
Peekskill Traction— See Peekskill L. & RR.
Pennsylvania Motor—See Easton Con. El..
Pennsylvania * Ohio Ry
Pennsylvania Trac— See Lan.Co.Ry.& I.gt.
Penn Street Passenger Ry. (Pittsburg>— See
Citizens' Traction
Pagk,
74
74
72
74
Portland & Cape Elizabeth Ry. See Portland RR
75
Portland City & Oregon Ry
75
Portland A Fairview— See City & Suburban
Electric
43
Eliz. Plainfleld
74
&
"75
Pacific Elec— See Los Ann. & Pasadena 50
aciflo El. Ry.— See TempleSt. Cable Ry. 50
Paducah Ry. * Light
65
Palisades
—
Plaintleld St.
Ky.-See Franklin Electric. .. 40
Old Colony St. Ry— See Mass. Eleo. Co.'s.. 13
Old Dominion Ry
76
Olean Rock City A Bradford Ry
64
Olean Street Rv
64
Omaha & Council Bluffs Ry. A Bridge
64
Council
Bluffs
Omaha
& Suburban Ry
64
Omaha Street Railway
64
Omnibus Cable Ry—See Market St. Ry
82
Oneida Traotion Co
91
Oneonta Coopertown & Richfield Spgs. Rv. 64
Ontario Lt. ATr. (Canandaigua, N. Y.)..'... 22
Orange County Traction Co
60
Orange Mountain Traction
65
Orange A Newark— See Newark Passenger. 46
Orange * Passaic Valley Ry
65
Orleans RR
56
Orleans A Jefferson Ry.— 8ee N. O. & Pont. 56
Ossinlng Electric Br
65
Oswego Traction
65
Ottawa Railway Light & Power
65
Ottumwa Electrio A Steam— See Ottumwa
Traction A Light Co
65
Ottumwa Electric Ry.— See Ottumwa Traction & Light Co
65
Light Co
Owensboro City RR
Oxford Lake Line (Anniston. Ala. )
Pittsburg Crafton A Mansfield Street Ry—
See Southern Traction
Pittsburg (Kan.) Frontenao & Sub. Elec—
See Pittsburg RR
Pittsburg Incline Plane See Pittsburg &
Birmingham Traotion System
Pittsburg MoKeesport A Connellfville Ry.
Pittsburg MoKeesport & Greensburg Ry...
Pittsburg RR. (Kansas)
Pittsburg Traction— See Consol. Trac. Sys.
Pittsburg Weir City A Columbus (Kansas)
—See Pittsburg KR
Pittsburg A West End Passenger RailwaySee Southern Traction
Pittstield (Mass.) Electrio Ry
Pittston Street Car— See Wilkesbarre & Wyoming Valley Traction System
40
Oil Citv St.
Ottumwa Traction &
Page.
Rockford Ry. Light A Power
& Pikesville RR.— See United Rail78
ways & Electrio
10 Rockingham Electric— See Exeter Hampton A Amesbury
Plttsb. Allegheny A Manchester Trac— See
38
United Traction System
73 Rockland A Abington Street Railway— See
Old Colony St. Ry
Plttsb. & Birm. Pass. Ry.-See P. & B. Trac 74
16
Plmllco
Pittsburg* Birmingham Traotion
63
Oakland Transit Co
63
Oakland RR— See Oakland Transit Co
Oakland (Cal.), Syndicate — See Oakland
63
Transit Co
Oakland, San Leandro & Hay wards Electric
64
Ry. Consolidated
33
Oakwood Street Kv., Dayton, Ohio
... 63
Oa kland Transit Co
95
77
Rochester City A
Rochester C. A ManitouRR
78
Rochester A Irondequoit RR.— See Rochester A Suburban
..
45
Rochester A Lake Ont.— See Rochester A
Suburban
45
Rochester Ry
77
Rochester A Sodus Bay By
78
Rochester & Suburban
45
Rockford Beloit A Janesville Ry
91
Rockford City Ry—See Rockford Ry. Light
& Power
78
Brighton— See Roch. Ry.. 77
Elec.
(Me.) A
Ry
Sanford
Cape Porpoise RR
San Frwncisco A S<m Mateo Electric
San Pedro Street RK.— See Los Angeles Ry.
Sandusky A Interurban Electric Ry.— See
Lake Shore Electrio (Cleveland)
Sandusky Milan A Norwalk Elec. Ry.— See
Lake Shore Electric
Sanduskv Norwalk A Southern.— See Lake
Shore Electrio.
Sandusky Street Ry.—See Lake Shore Elec.
Sandwich Windsor
A Amherstburg
Ry —
81
81
82
82
50
28
28
C8
28
See Detroit United Rys..
35
Saratoga A Nirthern Ry.— See Hudsun
Valley Ry
28
Saratoga Traction— See Hudson Valley Ry. 28
Savannah Traction— See Sav. Thunderbolt
82
& Isle of Hope
Savannah Thunderbolt A Isle of Hope Ry. 82
Schenectady Ry
82
Schuylkill Electric
Ry.— See Pottsville
Union Traction
76
Schuylkill Haven A Orwigsburg St. Ry.76
See Pottsville Union Traction
Schuylkill Traction (Girardville, Pa.)
41
Schuylkill Valley Tract.— See United P. AT. 71
Scranton A Carbondale Traction—See Scran-
ton Railway System
Scranton A Pittston Traction—See Scranton
Railway Systeja
Scranton Suburban— See Scranton Ry
8cranton Ry
sea Beach Ry.-See Brooklyn R. T
Seashore Electric Ry, Asbury Park
Seattle City Ry
Seattle Electric Co
Seattle Ry.-See Seattle City Ry
Seattle A Ranier Beach Ry.— 8ee Seattle
&
83
S3
33
S3
18
7
83
83
83
83
83
83
Seattle -Taconia Interurban
8eattle Traction— i-ee Seattle Eleotric'Co.. 83
Sea View RR.— See Brooklyn Union El .... 19
Second Ave.Pass. Ry— See United Traction. 73
Second Avenue RR.— See Metropolitan St.
58
Ry. System (N. Y.)
8econd Avenue Traction—See United Trac
73
Pittsburg
Second A Third St. Pass. Ry.—See Union Tr.
70
System
Sedalia A Brown Sps.— See Sedalia Electric
84
&Ry
84
Sedalia Electric A Railway
Seventeenth A Nineteenth Street Passenger
70
Ry—See Union Traction System
84
Shamokin A Mt. Carmel Elec
84
Sharon A Newcastle Ry
Sharon A Wheatland (see Youngstown.
84
Sharon Rv. A Light
84
8heboygan Light, Power A Ry
Ronton Rv. Co
Seattle A Ronton Ry. Co
St. Ry. (see Corn. Ry. &
... 18
Pottsv.—
See Schuyl. Tract 41
Shenandoah
Shore Line Electric Ry.— See United Rail-
Shelton ;Conn.)
LightingCo.)
&
10
ways & Electric
Signal Mt. Ry.-See Northside Con. St. Ry.
:
23
(Chatt.)
Sioux City A Leeds Electric Ry.— See Sioux
84
City Traction
84
Sioux City Traction
Sixth Ave. RR— See Metropolitan Street
58
Ry. System
Slate Belt Elec St.Ry. (see Lehigh Val.Trao.)! 6
Lehigh
(see
Val. Trac)..q| 6
81atington St. Ry.
...
1
}
'
INDEX TO RAILWAYS.
96
Page.
Page.
13 Trenton Gas A Elect.— See So. Jersey Gas
80 all Boston
13
Electric A Traction
22
SouthbriiU'e A Sturbriuge St. Ry
84 Trenton Passenger Ry.— See Trenton St. Ry 7
Booth Chicago Cltj Kv.."
26 Trenton (N. J.) Street Railway— See United
South Covington & Cin. St. Ry—8ee CincinPower A Transportation
71
nati Newport A Covington Ky
31 Trl-Clty Railway
33
South Ferry Ry—See Metropolitan Street
Troy ritv Ry— See United Traot. (Albany). 5
Ry.. ami also Broadw'v A 7th Ave. KR
58 Troy Hill Pass.Ry— See Fed.St.AP.Val.P.Rv. 73
South Jersey lias. E lee trie A Traction. ... 22 Troy A Lansb'jr RR— See United Traot. ( Alb.) 5
south Jersey IT.—see Bridgeton A M. Tr... 67 Troy A New England Ry
87
Booth Middlesex Street Kv
84 Tuscaloosa Belt Ry
87
South Orange A Maplewood St. Ry
65 Tuscarawas RR
56
Booth Orange A Maplewood Traction
65 Twenty-eighth A Twenty-ninth Sts. CrossSouth shore A Boston Street Ry. (see
town RR.—see Met. St.Ry. System
59
Old Colon; street Rail-way)
16 Twenty-third Av. Eloe.Ry— See Oakland San
South Side RR—See Cleveland Elec. Ry
28
Leandro A Havwards Electrio Ry. Cons'd 64
Booth Side EL RR, Chicago
27 Twenty-third St. Ry.—See Met. St. Ry. Sys. 59
Twin City Geu'l Electrio (Ironwood.Mich.), 45
Boothslde Kv. A Development Co. (Peters
bur*. Va.)
..
66 Twin City Rapid Transit
53
South Sub. Street Ry—See Metropolitan
Consol. Elevated RR., Chioago
(fnion
27
Street Rv
47
nion Depot RR. (St. Louis, Mo.)— See
Southern Boulevard RR.— See Union Ry ... 60
Uniti d Railways Co
80
Southern Electric By.—See United RailUnion Electric— See Dover Bomersworth &
ways Co
79
Rochester
39
Southern Li«ht A Traction
81 Union Electrio (Dubuque)
37
Southern Ohio Traction
27 Union Electric Ry.— See Saratoga Traction 41
Sootheru Traction (Pittsburg)
74 Union Elev. RR. -See Northwestern Elev.. 26
Southwestern Street Ry. (under United
Union Loop— See Union Elevated RR
26
72 Union Pass. Ry.— See Union Trac. System. 70
Power & Trans.)
Southwestern Traotion Ry. (Phila,, Pa.)
68 Union Ry. of New York
60
South West Missouri Electric Ry
89 Union Ry— See Chester Traction
72
Spokane Elec. Ry.— See Wash. Water Pow.
Uuion RR— See United Traction A Eloctrio. 76
Sssteiu
84 Union Street Ry. (New Bedford. Mass.)
55
Spokane A Montrose Motor RR
84 Uuion Street Ry.— See Saginaw Val. Trac.
79
Spokane Street Ry., etc.—See Washington
Union Traction Co. (Cincinnati)
27
Water Power System
84 Union Traction Co. of Indiana
7
Spr.ngtlelcl City Ry— See Springtield ConsolUnion Traction (Jersey City, N. J.)— See
idated Ry
85
Newark A Hackensack Traction
46
Springfield (111.) Consolidated Ry
85 Union Traction (Philadelphia, Pa.)
68
Springtield A Eastern St. Ry
66 Union Traction (Pittsburg).— See ConsoliSpringtield El. Ry. (Vt.)
85
dated Traction
73
Springtield (Ohio) Light A Power Co.—See
Union Transit (see Chicaeo City)
23
American Rys. Co
67 Uuion Trunk Line.— See Seattle Elec Co.... 83
Springtield (Ohio) Ry.— See American Rys.
United Electric Light A Power Co. (Bait.)—
Conipanr
67
See United Railways A Elec. Co. ot Bait.. 11
Springfield (Mass.) Street Ry
85 United Power Co. (see E*st Liverpool Ry.) 37
Springtield (Mo.) Traction
85 United Power A Transportation
70
8priu*Held A Western Ry. (Dayton)
33 United Rys. A Electric Co. of Baltimore... 10
Stamford Street RR
85 United Ry. A Light Co. of Wllmtngton.Del. 91
Btaten Island Elec. RR
85 United Railways Co. (St. Louis)
79
Staten Island Midland RR
85 United Rys. A Power Co.— See Wilmington
Steinway Ry.— See N. Y. A Queens Co. Ry.. 49
ANew Castle
90
Stillwater A Mechanicville — See Hudson
United RR. (see Nassau Eleotrio
19
Valley Ry
41 United 8 lates Traction Co
91
Stockton electric RR
85 United Traction (Albany)
5
Stoughton A Randolph Street Ry
91 United Trac. A Elec. (Providence, R. I.)
76
Streator Ry— See People's Light A Ry. Co. 85
United Traction (Pittsburg)— See Phila. Co. 73
Suburban Railroad (Chicago)
27
Traction (Reading, Pa.)— See United
Suburban Rapid Tran. St Ry, Pittsburg, Pa. 75 United
Power A Transportation
71
Suburban Traction (see Orange A Passaic
Urbana A Champaign Ry. Gas & E. Co
22
Valley Ry.), Orange, N. J
65 Utica Belt Line Street RR— See Utica &
Summit St. Ry.— See Met. St. Ry., Kansas
Mohawk
Valley Ry
87
City. Mo
47 Utica A Mohawk RR.— Bee Utica A Mohawk
Sonbury A Northumberi'd Elec. Ry
86
Ky
Valley
87
Superior Rapid Transit Ry.— See Dululh
87
Utica A Mohawk Valley Ry
Superior Traction
37 Utica Suburban— See Utica A Moh. Val. Ry. 87
Susquehanna Traction.
49
89
Sutro RR.— See Sotter Street Ry
82 Vallamont Traction
Valley Street Ry. (see YouugstownBatter Street Ry
82
Sharon Railway A Light)
84
Syracuse Rapid Transit Ry
86
20
Van Brunt 8treet A Erie Basin RR
31
Tacoma Ry. A Power
86 Vermilion Ry. A Light (Danville, IK.)
rnnaqua A Lansford Street Ry
86 Virginia Electric Co.— See Norfolk Ry. & Lt. 61
Virginia Traction— See Southside Ry. A DeT<»maqua A Pottsville Electric RR— See
66
velopment
Pottsville Union Traction
76
Tarentum Traction
86 Wakefield A Stoneham Street Ry. (see
Tarrytown White Plains &MamaroneckRy. 60
16
ynn A Boston Street Railway)
Taunton & Brockton Street Railway (see
Walbrook Gwynn-Oak A Powhatan.— See
Old Colony Street Railway)
13
10
United Railways A Eleotric
Taunton Street Ry. (see Old Colony St. Ry.) 16 Walden A Orange Lake RR.—See Newburg
Taylor Avenue RR-8ee Unite! Railways
60
ElectricRy
Co
79 Wall A Cortlandt St. Ferries Ry. (N. Y.) .. 60
Temple Street (able Ry
50 Warren Brookf. A Spencer (Spencer, Mass.) 84
Terre Haute Electric Co
86 Warren Co. Ry.— See Hue son Vallev Ry .. 41
Third Avenue RR. (N. Y.)
59 Washington Alexandria A Mt. Vernon Ry. 6
Thirteenth A Fifteenth Sts. Pass. Ry— See
91
Washington A Annapolis Eleo. Ry
Union Traction System
70 Washington Arlington & Falls Church Ry. 83
Thirty fourth St. RR.
) See 34 tb
Washington A Georgetown.— SeeCapitalTr. 88
.-s
Thirty-fourth St. Fer. A 1 lth Av. < St.Cr't'n
Washington A Glen Echo RR
88
Thirty-fourth St. CTosstown Ry.— See MetWashington A Great Falls Elec. Ry
88
ropolitan St. Ry. System
58 Washington & Rockvllle Ry.—See Wash.
Toledo Bowling Green A Fremont Ry.—See
88
Tract. &Elec
Toledo Bowling .reen A 80. Traction
87 Washington Street Railways Co. —Bee
Toledo Bowling Green A Southern Trac .. 87
88
Washington Traction & Electric
Toledo Columbus Spiingfleld A Cincin. Ry. 91 Wash. Traction A Elec
88
Toledo Elec. St. Ry.— See Toledo Traction. 87 Washington Water Power, Spokane
85
Toledo Fostona A Findlay
87 Wash. Westminster & Gettysburg RR
11
Toledo Fremont & Norwalk St. Ry— See
Wash. Woodside A Forest Glen Railway A
Lake whore Elec
28
..
88
Power Co.— See Wash. Tract. A Elec
Toledo A Maumee Valley Ry
87 Waterbury Trac. (see Conn. Ry. A Ltg. Co.). 18
Toledo Northern Ry
91 Watertown A Brown ville Street Ry— See
Toledo Railway A Light Co
89
86
Black River Traction
Toledo Traction
87 Watervllle A Fairfield Ry. A Light
89
Toledo Watervllle A Southern— See Toledo
Watervliet Turnpike A RR.-See United
A Maumee Vallev
87
5
Traction (Albany)
Toledo A Western Ry
91 Waukesha Beach Electric—See Milwaukee
Top.-ka Ky
53
87
LUht, Heat A Traction
Toronto (Canada) Ry
87 Waukesha Electric—See Milwaukee Light
Torrin^ton A Winchester Street Ry
87
Heat A Traction
HE— See Boston El. Sys..
KK— See West End St. Kv
Bonierville Horse
.
1
.
I
I
South wark Passenger Ry
West End Street Ry.— Boston
West End Street Ry.— See Denver City RR.
West End Street Ry. (Knoxville.Teun.)—See
Knox ville Traction Co
61
60
26
25
69
13
33
47
.
Southern Traction
Western Ohio Railway
74
91
Westtteld A Elizabeth, (see Eliz. Plainfleld
75
A Central Jersey)
Westhamp ton Park Railway
91
22
West Jersey Traction (Camden, N. J.)
West Michigan IractionCo
91
West Philadelphia Passenger Ry—See Union
70Traction System
West Pittston A Wyo. St. Car— See Wilkesb.
71
A W.V.Trac
West Roxbury A Roslindale Street Railway
(see
Old Colony Street Railway)
13
West8horeRy. (New Haven. Conn.)
West Side Electrio Street Ry.— See South
St. ATraction
West Side Rapid Transit (Salt Lake)
West Side RR. (Elmira, N. Y.)
West Side Street Ry—See Milwaukee Eleo.
RyALight
56
81
81
38
52
A North End Eleotrio Ry.— See
Seattle Eleotric Co
West W ater St. RR.— See Elmira W. L. A RR
Wheeling (W. Va.) A Elm Grove RR
West Street
Wheeling (West Va.) Traction
White Line Traction (Paterson).— See
Hoboken
Whitestone
Shore
&
A
Paterson
A
Pt.— See N. Y.
Col.
43
No.
20
13
Ry
St.
83
38
89
89
C,
J.
.,
Whitman St. Ry.— See Brockton
Wichita RR. A Light
Wilkesbarre Dallas A Harvey's Lake Ry.—
See United Power A Transportation
Wilkesbarre A Hazleton RR
Wilkesb. A East Side g
do
A Kingston . wilkesb
v
\
do
A Suburban
Tractlou
do
A West Side I ^Traction""
J
Wilkesbarre A Wyoming Valley TractionSee United Power <v Transportation
Willamette Bridge Railway— See City A
89
71
43
(
I
w
.
,
'
71
'
-
Suburban Railway
Ry
City Ry.— See Wilm.
Williamsport Passenger
&
71
75
90
Wilmington (Del.)
71
Ches. Trac
Wilmington & Chester Traction Co.—See
71
United Power A Transportation
Wilmington A New Castle Eleotrio Rail90
way (Del.)
90
Wilmington (N. C.) Street Ry
Winchester Avenue RR.-See N.Eng.St.Ry. 55
65
Winnebago Tractio n (Oshkosh)
Winnisimet RR—See Boston A Nor. St. Ry. 16
90
Winston-Salem Railway A Electrio
53
Wisconsin Trac.L.H. A Power
Wissahickon Elec— See Roxb'gh, Chestnot
70
Hill & Norristown
13
WoburnA Reading ;Mass Elect. Co.)
Woodland Co. (See Duluth-Superlor Trac ). 37
90
Woonsocket Street Ry
90
Worcester & Blackstone Val. St. Ry
WorcesWorcester Consolidated Street (See
90
ter Ry. A Investment Co.)
Worcester A Marlborough Street Ry.— See
90
Worcester Consol
Worcester A Millbury St. Ry.— See Worce90
ster A Suburban
90
Worcester Railways & Investment Co
Worcester A Suburban Street Ry.— See
90
Worcester Consol St Ry
Worcester Traction.— See Wore Consoli'd.. 90
90
Worcester & Webster Street Ry
Wyatt Park Ry.—See St. Joseph Ry. Light
79
Heat A Power
Wyandotte A Detroit River Ry.— See De35
troit United Ry
—
60
Ry., N. Y
90
ork County Traction
R'ways
United
York Road Turnpike See
Yonkers RR.— See Union
-•---•
AElec
York Street Ry. See York County Trac-
1(>
tion
J?
84
Youngstown-Sharon Ry. A Light
Youngstown Street Ry.— See Mahoning
90
Valley Ry
~:Vr
A Saline Ry—See Det.
A Jackson.
anesvi lie Elec Ry
Ypsilanti
Arbor
SUCCESSORS TO
'WHITAKER & HODGMAN,
BOND AND STOCK BROKERS,
St.
47
West End St. Ry.—See Lane. Co. Ry. A L.
48
West End Traction, Pittsburg, Pa.— See
WHITAKER & COMPANY,
-
89
(see
People's Tramway)
Wellesley & Boston St. Ry
Westchester Electric—See Union Ry. N. Y. .
West Chicago Street RR
West Chicago Street RR. Tunnel—See West
Chioago Street RR
West End Passenger Ry—See Frankford A
z
M
300 North Fourth Street,
Page.
89
Waverly Sayre A Athens Traotion Co
Webster A Dudley St. Ry
Webster A Worcester Elec. Street Ry.
Louis,
Mo
INVESTMENT SECURITIES AND MUNICIPAL
BONDS. WE BUY TOTAL ISSUES OF CITIE8,
COUNTIES, SCHOOL AND STREET RAILWAY
COMPANY BONDS, AND DEAL IN HIGH-GRADE
COMMERCIAL PAPER.
MONTHLY CIRCULAR QUOTING LOCAL 8ECURITIE8 MAILED ON APPLICATION
Ype.
r"
Ann
37
91
@FedFRASER