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Street Railway
SUPPLEMENT
OF THS
(C
ommercial &
P inancial
[[ hronicle.
FOR INDEX OF COMPANIES
See pages 92, 93, 94, 95 and 96.
i
i^jiii
nSTo-xreiDQ-TDei?
WILLIAM
B.
25, 1S90.
DANA COMPANY, PUBLISHERS.
PENB STREET, coeneb PEARL STREET,
[Entered Meordlag to Aet ot Congress in the year 1899 by
NEW YORK.
WnxuLM B. Dara Coxpaitt, In ofiBoe of Ldbnurlan-of Congreu, WMhlngton, D. 0.]
I
CHANDLER &
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CO.,
BANKERS,
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Attention given to the organization and financing of corporations.
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Street Railway
SUPPLEMENT
OF THE
£|
0MMERCIAL &
f INANCIAL
VOLUME
l<To-^ejooL\DGr
WILLIAM
B.
,
LXIX.
25,
IS 99.
DANA COMPANY, PUBLISHERS,
PINE STREET, corner
[
hRONICLE
(]|
EBteced aocordiiig to act of Congress, in 1899, by William B.
of
PEARL STREET, NEW YORK.
Dama Oompant, In oflBo© of the Librarian of Congress, Wa«bU>«rtoE. D.
C.
Entered according to Act of Congress
WILLIAM
B.
in the
year 1899 by
DANA COMPANY,
In the office of the Librarian of Congresp,
Washington, D. O.
Street Railway
SUPPLEMENT
-OF THE-
Q OMMERCIAL
&
F INANCIAL
[Entered according to Act of Congress in the year 1899 by William B.
Dana Company,
{^ HROWICLE.
in the office of Librarian of Congress, Washington, D. <xl
NEW^ YORK, NOVEMBER
"
2B,
1899.
tems which have been recently formed by the consolidations of several companies formerly operating sepThe problem
arate lines in a city and its environs.
The Street Railway Supplement is issued semi-annually and is
furnished ufithout extra charge to every annual subscriber of the now being carefully worked out along these lines by the
Commercial and Financial Chronicle.
officers of the Brooklyn Kipid Transit Oo. is one of
The Investors' Supplement, Issaued quarterly, is also furnished considerable magnitude and its development will be
without extra charge to every subscriber of the Chronicle.
The State and City Sitpplement, issued semi-annually, is likewise watched with interest by all street railroad managers.
famished without extra charge to every subscriber of the Chronicle
The question has never assumed such proportions as
The Quotation Supplement issued monthly is also furnished with- in the conditions now before that company and the
out extra charge to every subscriber of the Chronicle.
possibilities to an operating company, through the
Terms for the Chronicle, including the four Supplements above
named, are Ten Dollars per annum within the United States and readjustment of car mileage to the traffic moved,
Twelve Dollars (which includes postage) in Europe.
were never so large.
The general conditions in Brooklyn are also in
WILLIAM B. DANA COMPANY, Publishers,
many respects unique. For some years past, because
Pine St., corner Pearl St., New York.
of the many competing transit companies, elevated
and surface, whose lines penetrated all sections of the
ADJUSTING OAR MILEAGE TO TRAFFIC city and into the newer sections beyond the city limNEEDS.
its, there has been an exceptionally liberal transit
The success of a street railroad management is gener- service. The running of cars has been governed by
ally fairly measured by the relation of the aggregate num- the effort on the part of each company to draw travel
ber of car miles run to the traffic carried. Normally the from a competing line rather than by reasons of
proportion of car mileage to passenger movement should good transportation practice.
The result has been
show a large and steady reduction. Special circum- that where there was most competition, often in the
stances may interfere with the result, but they should newer sections of the city where the travel at best was
be clearly understood and removed or overcome. In an light, a wasteful service was given at the cost of secideal condition of traffic every car run would be fully tions where the travel was heavy.
loaded at all times, and no travel would be lost beWith all the Brooklyn transit lines, except one or
cause of insufficiency of service.
This might be pos- two, merged into ( ne company, one of the first probsible if traffic were uniform at all hours of the day lems for the managers to take up was the reduction
and each day. Actual conditions are, of course, very of excessive car mileage in districts of light traffic
far from that.
It is the great irregularity of traffic and its increase in the congested districts
One of
which makes the problem of the proper car service the simplest and most reasonable means by which this
one of the most difficult problems which street rail- could be advanced was in the use of the elevated lines
road managers have to deal with.
In the effort to in- for long-distance travel, for which they are best
crease gross receipts it is more likely that excessive adapted.
This releases a great number of cars now
car mileage will be operated than^too little.
In fact, running far into the outlying districts, and by shortprobably every company is running a good deal of car ening their round trips greatly increases the service
service that is not only unprofitable but is unnecessary. they give where the traffic is heaviest.
Some friction
A careful study of conditions will usually enable a may be looked for in the working out of such extenmanager to adjust the car mileage of his line so that sive plans, but they so materially add to the general
the traffic can be moved with as much convenience to efficiency of the service, and mean so much in reduced
the passengers, if not indeed to their increased satis- operating charges to the company, that as conditions
faction, and at the same time with a material decrease become better understood they may be expected to be
Street Railway Supplement.
•
in the operating cost.
The
adjustment of car mileage
are most apparent and important in the many syspossibilities in the
even further developed.
The ownership of the elevated lines and the possibility of adjusting the street car service in a very wide
STREET RAILWAYS.
district to feed the elevated lines, so that the latter
would carry passengers
for
the longer part of their
journey, simplifies, while at the same time it complicates, the situation in Brooklyn.
In Chicago, how-
Of course, if the remarkable growth of travel which
has been brought about by the better service of the
have been foretold in any measure,
a more permanent form of track construction, such as
ever, the joint ownership of elevated and surface lines has only come in recent years, would have bee-n dehas proved of great value in reducing car mileage and veloped at a much earlier date.
has given a more desirable service to passengers, and
The benefits of the electric traction were assumed to
the same conditions, but on a larger scale, exist in li 3 chiefly in the possibilities of redaction in operation
Ikooklyn.
cost, rather than in a direct encouragement of addiIn other cities the problem is more simple, but may tional travel. Naturally, therefore, attention was
be relatively as important. In New York City, where turned almost exclusively to the novel features of the
on a good many lines the traffic is so great for a good system, such as the questions in connection with the
part of the day that the headway of the cars depends generation and distribution of power.
A good railsolely upon the number that can be run on the track, road track, however, is essential to economy in opervery important savings have been effected by a regu- ating, and this problem has been presenting itself to
lation of the car service, after a systematic study of railroad managers with increasing force of late years.
the traffic conditions.
The service, for instance, on Careful first construction is always repaid, for a ?ood
each of the lines on the east and west sides of Central track is easily maintained.
AVhat a cheaply built
Park in the early hours of the day was practically road saves in first cost is more than made up in the
uniform.
It was found, however, that the heavy higher operating charges above those necessary where
movement of traffic occurred at different hours. The more solid construction is adopted. The many reconshort headsvay service of the east side therefore now structions of electric lines which have been necessary
starts at 6 a. m., but that on the west side of the town have emphasized the force of this, and as a consenot until after 8 a. m., so that a good many of the quence electric railroad managers in rebuilding their
cars are now available for trips on both sides of the lines are adopting a construction of the most percity.
The saving to the company of course has been manent character that the exigencies of the special
large.
conditions they have to meet individually, may perMr. Vreeland, President of the Metropolitan Street mit. The track of any company must be built with
Railway, who has been one of the foremost of street due regard to the traffic requirements, and therefore
railway managers, in pointing out the importance of will be more or less solidly constructed as these vary.
this subject, has happily illustrated how much many
For whatever volume of traffic a line is built to
officers might learn of the traffic movement on their carry, its constructioa should be permanent of its
lines by careful and systematic study.
A superin- kind. Track repairs are so exceedingly costly that
tendent who had operated an important company for every possible means should ba used to avoid them.
twenty years, replying to a question as to the traffic on They form a burdensome item in the maintenance
his line, and the car service run, stated that the travel cost of steam railroads, and on street railways it may
was heaviest in the morning and evening commission be said that they are almost crushingly costly. The
hours, when the largest car service was run, the track construction of the latter, being for the most
lightest number of cars in day service being run part covered, and in cities entirely so, the expense of
between these hours. Mr. Vreeland says, however, renewing one tie is almost as great as rebuilding the
that having had a special study made of the traffic of track at that point.
To avoid tie renewals and most
this line, he was able to prove to its superintendent of the repairs now necessary in the present form of
that the heaviest travel was carried between the hours track construction, street railway engineers have deof twelve and two, when cars were being regularly vised several systems of so-called rigid construction
taken off. Other illustrations might be advanced to as a foundation for the rails.
prove the great importance to a street railway mana
One of the main objects of this construction is to
ger of having the closest possible acquaintance with do away with the timber cross tie, so common a
the movement of traffic on his lines, its peculiarities feature of track work in this country.
In its place as
as to periodicity, direction, destination, time of move- a support for the rails a bed of concrete is laid in
ment, and all questions which may regulate the supply trench form, which is deep enough to allow a depth
of cars to the best convenience of passengers, and will of six inches below the rail for the concrete support.
advance the economy of operating results.
The rails are securely spiked to wooden blocks laid
STREET RAILROAD TRACK.
The track work of a good many of the electric lines
of this country has been practically rebuilt several
times in their brief history.
As a rule, the mistake
was quite generally made
the construction of the
earlier electric lines of putting in too light rails and
in
electric lines could
about ten feet apart, and then concrete is filled in on
both sides of the rails up to the head. The alignment of the track is secured by metal tie rods, each
about one inch in diameter, connecting the rails transThe first
versely, and spaced every six feet or so.
is undoubtedly a good deal
cost of this constructioa
above the average of street railroad track, but this is
The
yearly reduced by the light cost of maintenance.
saving is not only evident in the lessened expenses for
track repair, but also in the decreased wear aad tear
on the equipment. With a poor riding track this
supporting them insufficiently to carry the traffic
which had to be moved. The weight of the electric
motors and the wear and tear on the track, caused by
the high speeds of the cars which the progress of the item is large; when the roadway is in good condition,
industry have made possible, have been very destruc- the joints even, the track solid and the surfacing
tive to most of the railroad track built previous to the and alignment properly attended to, very naturally
last few rears.
The tendency to cheap construction, it is much reduced.
probably followed naturally from the conditions surWhat a cheaply built track and equipment save in
rounding the early development of electric traction. the first capital expenditure is more than lost in
STREET RAILWAYS.
This is the conclusion forces. Better pay is of course the first and chief
higher operating charges.
which the experimenting and development in electric means to this end. but it is not always practicable,
railroad building has proved the past ten years. Many and in any case has a distinct limit.
Yet that something more than the actual pay
of the reconstructions of line which have taken place
might well have been avoided if a more permanent received is of consequence in securing loyal service
form of track construction had been adopted in the would seem to have been made very clearly apparent
For the most part, the first electric by the results of the labor troubles of the past sumfirst instances.
were built to take the place of old horse-car mer on street railways in various parts of the country.
roads
lines, which even in the most populous cities were These brought a great deal of distress to the men
poorly built and maintained. They had to be prac- concerned, injured the companies to some extent,
tically rebuilt when electric traction was introduced, though relatively in far less degree, and all ended, so
but the type of track construction was but little far as our observation goes, with the traffic of each of
Altered.
the companies little interrupted or promptly resumed
Not many
of these lines have been able to keep
with the development of the service without a
pice
pretty complete transformation of their rolling stock,
power machinery and track. Starting, in many instances, from a track construction consisting of 20-lb.
rail, spiked to stringnis, and a 4i5-in. cross-tie, the
weight of the rail has been slowly increasKl to 30, 35
-and 45 lbs. without much change in the section of the
railhead, which continued to be rolled in either tram
When
were introduced
they were designed in 45, 50 and 65-lb. sections, and
their weight has finally increased until at the present
day one of the most commonly used girder sections is
•or
T-section.
the 90-lb. 9-in.
girder
rails
rail.
This alone represents an immense advance in the
of track-building, and with rigid foundation added, has brought street railroad practice in
trackbuilding to a very advanced condition.
The
benefits following in reduced maintenance expenditures
and running charges will be an increasingly important
item in the financial results of the companies adop-
permanency
ting this policy.
THE DISCIPLINE OF EMPLOYEES
It is only of very late years that the relations of
with
new men
such of those of
or with the return of
the old employees as the managers cared to take bacK
These labor troubles involved
among others the lines of the two most important
into their service.
street transit systems in this country
Company
tan Street Railway
in
— the
Metropoli-
New York
and the
Brooklyn Rapid Transit Company. In both these
cases the strikes were of short duration, and at any
time did not much impede the car service of either
company. This was particularly true of the Metropolitan system.
The number of men on that company's lines who left its service numbered probably
hardly a hundred out of the thousand and more it
employs in running its cars. On the Brooklyn lines
these was some violence, and although the disturbance assumed a more important aspect there, travel
WHS soon going on in its usual course.
The comparative insignificance of what might have
been disastrous incidents was due to the reluctance
of the great majority of the employees of these systems to disregard the fairness with which they had
been treated and follow their hot-headed companions.
They recognized that any grievances they might have
would be fairly considered by the company's officers
and redressed if substantiated. Not many years ago
both New York and Brooklyn witnessed riotous dis-
the street railroads and their employees have been turbances as the outcome of street railway strikes, and
inquired into by managing officials, or anything done the feeling of opposition on the part of the men to the
to promote a better understanding between the men companies employing them contributed very largely
and the companies they serve. This attitude of in- to the violence then witnessed. The contrast between
difference has changed pretty completely on many
roads, and it is coming to be better appreciated that
the former labor disturbances and the dismal failures
of the past
time and consideration devoted by the oflBcials to
improving the conditions under which the car employees labor, and in efforts to conciliate them, are well
repaid.
An officer who is governed in his dealings
with his men, by the simple principles of good will,
gets from them in return greater loyalty to the company and its interests, and more attention to their
duties.
It has been facetiously expressed that in the
old days of horse car railroading, a manager thought
first of his horses, and next of his cars, and very little
then remained for the men on the cars.
The different conditions introduced Into street railroad service by electricity has had a material tffect in
its way on the class of men operating the cars, as it
has had in more apparent and important respects.
Undoubtedly there has been a material advance in
the average of intelligence and capacity of street railroad employtes with the growth of electric railroad
summer
are so complete as to warrant con-
siderable attention.
The complete
fiasco
on the Met-
ropolitan Street Railway ought to be especially instructive,
particularly as
these
lines
under
other
management have witnessed some violent outbreaks.
The explanation, as it seems to us, is in very large
measure due to the fact that the management of the
company has sedulously cultivated cordial relations
with
its
employees.
Its
chief oflicers have
themselves to prove to the
a direct interest in
men
that the
their welfare,
exerted
company
and was not
felt
alto-
gether concerned in getting the greatest amount of
work out of them for the least compensation. Special
means have been opened to them, which perhaps
other managers could not avail themselves of, but the
matter seems to be that officers should
importance of doing what lies in their
power to improve the position of the men under them.
Opportunities will almost develop themselves
service.
The service recjuired of men operating the
It is essential in order to have a well d sciplined,
cars is so miterially changed that a new class of men contented force of employees to exercise great care in
has been brought into the work.
It is to the advant- selecting applicants for employment, and to accept
age of the companies to do all that may be in their) only the more intelligent and neat, ascertaining their
power by making the service more attractive, to en- past employment and character, etc. When accepted
•courage an intelligent class of men to join their car the preliminary instruction to be given should be
essential
realize the
j
STREET RAILWAYS
6
The
among other things, on the
motorman receives, together with his general intelli- nature of the soil. The earth is a fair insulator, but
gence, will have a good deal to do with the accident becomes a conductor by moisture or saturation. The
accounts, a matter which is of much consequence on resistance it offers varies with the amount of water or
every street railroad using mechanical power. The solvent salts present, and ihe nature of the soil. A
most careful and thorough.
training which a
men without pay for short or
prolonged periods, for accidents or infractions of
rules, is surely not conducive to the promotion of the
best spirit among the men.
Loss of wages is a serious
matter, and should be a last resort as a corrective or
punishment. Yet it is peculiar that it has been a
common practice in steam and street railroad service
to suspend men without pay for comparatively light
faults.
Steam railroads have very generally substituted what seems a more rational system of discipline
for the method of suspension.
This is commonly
known as the Brown system of discipline, and is based
on a record being kept of the service of each employee,
as brought before the notice of the superintendent,
and promotion or perhaps ultimate dismissal is governed by the record of the special failures or merits.
Street railroads are beginning to adopt this idea in a
more or less modified form, the Metropolitan in New
York using it for a long time past. It seems to bring
about good results whenever it is put in practice.
A graded service seems to be of value in promoting
good feeling, and it is logical, for it recognizes that an
employee of long experience should occupy a different
position from a new man who may have just been
taken into the service. If a difference is made in the
pay for length of service, an inducement is offered to
a long tenure of position, a matter of some consequence to a company if it has a well trained, careful
practice of suspending
and intelligent force. It is well to make some extra
payment for special service, even if the amount is
small, and if cars are delayed by snow, fire blockades,
or other unavoidable ways, the company may well
allow for this in making up the pay-rolls.
These and
other matters deserve careful attention from managers
because they are of material consequence in deter-
mining the success of a company.
ELECIRQLYSIS.
The action and results of electrolysis in street railroad work have come to be fairly well understood,
and the measures usually taken
to
guard against
its
effects are generally sufficient to decrease the evil to a
nearly negligible quantity.
trolytic action
more or
Electrolysis
is
the elec-
on pipes buried in the earth and lying
contiguous to electric railroad tracks,
causing the pipes to disintegrate. Water pipes are
less
peculiarly subject to electrolysis, and the importance
of relieving the water system from any attack by elec-
lytic
action depends,
considerable difference of potential energy between a
pipe system and the rail has been thought to be
necessary to establish electrolysis.
of Trade, which,
ity to
among
The English Board
other powers, has authorformulate the conditions which must be met in
its
the mechanical equipment of electric railroads,
established a rule intended
^las
prevent electrolytic
action on pipes, providing that the difference in potential shall not exceed 4*5 volts when the pipe is
negative to the rail, or 1 5 volts when the pipe is
to
positive to the rail.
Experiments, however, have shown that electrolysis
much less difference than indicated
by these figures. But a difference in potential between
the pipe system and the rails, whatever it may be, is
not alone sufficient to create electrolysis.
The corrosion of pipes, from this cause, will not occur unless
there is created an electric current which leaves the
pipe, the damage by electrolysis occurring at the point
where the current flows away from the pipe, and,
secondly, unless the conduction which takes place
through the surrounding soil is electrolytic in character.
The danger areas are thus those in which the
pipes are positive to the rails and where a current
flows out of the pipe into adjacent electrolysable soil?
The usual remedies for electrolysis are efficient
binding of the rails, where these are used as return
currents, and the proper placing of ground return
These precautions, while usually sufficient
fenders.
to reduce electrolytic action to a minimum, do not
To avoid serious damage the action
always answer.
must be entirely done away with. No uniform method
The local conditions
to accomplish this is possible.
vary so much as to make each case of electrolysis a
Prespecial problem calling for individual solution.
not seem to call for any great
ventive methods do
burden to be imposed on the street railroad comThe whole line should be systematically
panies.
examined to determine where electrolytic action is
taking place, its extent decided upon, the causes fixed
and the points where it is dangerous localized. The
following remedies have been recently suggested by
Mr. C. B. Herrick in the "Engineering Magazine.''
First, to connect the rail to the water pipe at pointewhere the pipe is positive to the rail; second, to use
feeders, preferably by connecting the pipe at this
point directly back to the station. Another method
is to take the current from the water mains through
a dynamo whose potential is negatively lower than the
Or the return through the
rail-return dynamos.
ground and water pipes may be fed through the armature of a low potential machine, keeping this system
electrically negative to the rail, so that the current
does not leave the water-pipe system, but naturally
returns through this generator as the lowest potential
The excellency of the bonding
point in the sjstem.
of the track and the proper placing of ground- return
feeders is the most practicable and direct method of
reducing electrolysis. If care and attention are given
to these details, electrolysis can be reduced in most
instances to a negligible quantity; this can be assured
also by a few subsidiary feeders connected to the
takes place with a
endangering the efficiency of the carrying pipes is apparent. Gas mains conveyirg an insulating medium are better protected, but are often
eaten into so as to be destroyed and made dangerous.
Wrought iron pipes are not much affected by electrolysis, but cast iron deteriorates rapidly and completely,
the iron acted upon being carried off into the earth
and deposited as insoluble salts of iron, leaving the
pipe in a soft or spongy condition.
The alarming predictions current a few years ago
as to the destruction of all underground pipes by elec- water-pipes.
trolysis have not been substantiated, but on the other
The problem, wherever presented, calls for rigid
hand it has been proved that the leaks in return cur- inspection, by both city and street railroad officials,
rents are considerable and often result in heavy to locate all stray currents, and to then provide all
tric current
damage
to pipe systems.
The extent
of this electro-
possible safeguards.
Street Railways.
SECURITIES AND REPORTS.
In using the series it is to be remembered that they are inter-dependent
one of our four Supplements.
publications, complete only as a whole. If utilized together, and with the fresh items of news the Chronicle contains from
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.
A full Index which shows where each railway will be found is also given on the closing pages.
This
is
AKRON, OHIO.
Population 1890 was 27,601;
and
was
in 1870
NORTHERN OHIO
Incorporated
Ohio, July
in 1880
10,006.
was
Albany), which
16,512;
TRACTION-TroUey.
and is a consolidation of the
Electric anl o( the Akron Bedford & Cleveland.
For statements of these roads at the time of consolidation see Street
Railway Supplement of May, 1899, pages 9 and 32. The Akron
Traction & Electric was successor to the Akron Street Railway &
IlluDjinating Company sold at foreclosure March 28, 1899, and then
purchased by Henry A. Everett, of Cleveland, as preliminary to the
present consolidation. Mr. Everett is also President of the Cleveland
Electric Railway, known as the " Big Consoliiated," with which
system close relations will be maintained.
in
Akron Traction
&
Stock
12, 1899,
&
Bonds—
Date,
Common stock, par $100
Pref. stock, 5 p. o. cum.,
par$100
Ak
1923
000), is controlled by parties interested in the Albany Ry.; the latter
leases 2ia miles of the track of the Cohoes City.
Consolidation proposed with the Troy City Railway, the Troy & West
Troy Bridge Co. and the Union Bridge Co. V. 69, p. 383. New
s
& Elec. bonds,)
$1,200,000 ($1,-V1899
000 each)
900,000
5 g.
)
5 g. M&S
$300,000 Sept.1,1915
covers 27lio mines" .: 5 Central 'ft. Co., N. Y., trustee, pays interest.
Further bond Issue limited to $10,000 per mile of new track.
Ak. Bed. & Clev. gen. M. ) 1898
5 A&O
$700,000 Oct. 1,1918
($1,000)
Dime Savings Bank, Cleveland, trustee.
5
1919
51899
(1)
5 g.
iioTt e $3 030000
mort. g., !t,d,OJO,ooo
^la^O^OOo'mOOOV^m.^'hsSS
central Trust Co. trustee.
Bonds— Of »he $3,000,000 Northern Ohio Traction bonds, $500,000
are reserved to build an extension to Barberton; rest goes to retire existing bonds.
Plant—The old Akron Traction* Electric comprised about 22 miles
of track in the city of Akron, Ohio, and suburbs. Its line extending
to Cuyahoga Falls and Silver Lake. It has 19,000 Incandescent lights.
The Akron Bedford & Cleveland comprised 30 miles of track, its line
extending from Akron to Cleveland. Combined mileage of Northern
Ohio Traction, 52 miles.
^
Latest Earnings— Three months
to Sept. 30:
1899..Gro88,$104,609; net,$38,2I0 1898. .Gross, $98,419; net, $33,221
For year ending June 30, 1899, combined earnings of the separate
roads consolidated were $344,103 gross and $106,408 net.
Officers— President, Henry A. Everett, Cleveland, Ohio; Vice-Pres.,
William Christy; Treasurer, J. R. Nutt; Secretary, C. F. Moore; Manager, L. E. Beilstein. General offices, Akron.— V. 68, p. 425, 616, 869,
1074; V. 69, p. 131, 230, 334.
|
AKRON
& CUYAHOOA FALLS
TRANSIT-A troUey road.
Stock
&
Bonds—
Miles.
Date.
Interest.
8tTt,.^l,000,000.$100
Istmtge., $600,000..
West End lYust
Road—23
miles.
&
Oulstand'a.
RAPID
23 1895 6 p. c.
Safe Deposit Co. (trustee), Philadelphia.
lb.
J.
Pres.
and Gen. Man.,
Organization— Chartered
name, it is rumored, will be United Traction of Troy and Albany
See statement for Troy City. In Sept., 1899, entered into contract
with Hudson River Power Transmission Co. of Mechanlcsville, for supply of power thought to be sufficient for operating both Albany and Troy
systems upon completion of pending consolidation.— V. 69, p. 541, 909-
& Bonds—
Outstanding. Lastdiv., dt
$1,750,000 Nov.l'99,li«%
1 St Mortgage
1865
29,000 Jan. 1, 1905
4th Mortgage
1880
11,500 Mch. 1,1905
5th Mortgage
1888
32,000 Sept. 1, 1913
5 M.-S.
Consol. M. ($500,000),) 1890
5 g J.-J.
428,000 Jan. 1,1930
0' gold $1,000)
Mn«eres< at Central Trust Co., New York.
Gen. M. $750,000, gold.
1897
5g.J.-D.
474,000 June 1, 1947
Leased line securities
Stock
POPULATION 1890 WAS 93,313;
IN 1870
WAS
6 Q.-F.
5 J.-J.
6 M.-8.
—
i3p.
240,000
c.
350,000 May 1, 1919
6 M. - N.
2ndM.,p. ALguar
6 M. - N.
150.000 May 1.1919
Stock— In 1896 stock was increased from $1,500,000 to $2,000,000.
Bonds— The general mortgage of 18971s for$750,000,of which $474,•
000 has been issued and $276,000 reserved.
For year ended June 30: In 1892, 6 p. o.; in 1893, 12;
Dividends—
in 1894, 6; in 1895, 6; in 1896, 6; in 1897, 7; in 1898, 7; in 1899, 7'*
in 1900, Aug. 1 (1899), li^ and 1 extra; Nov. I, l^s.
Road— Company in June, 1899, operated 42 miles of track In city of
Albany and suburbs, extending also to Troy, Cohoes, Rensselaer and
Watervllet, as follows
Track owned in fee.
Milei.
Miles.
Track leased.
Mainline and brs. (troUey). 24
2'9
Cohoes City
Watervllet Turn. & RR. Co. 16
1st M. int. guar
1889
1890
:
\
T. F.
Latest EARNINOS-Three months
1,
1915
Walsh.
1880 WAS 90,758;
Charges.
Surplus.
$45,515
46,545
OrQANIZATION, Etc. -Chartered Nov. 15, 1895, under name of Al.
bany Helderberg & Schoharie Electric Ry., to build a road from
Albany over the Helderburg Mountains to Mlddleburg and Schoharie,
with a branch to cnarksvlUe, making altogether 45 miles. On Aug. 26
1899, name changed to Albany <V Soholiarie Valley Railroad Co. Is
also to carry freight. Stock authorized was increased from $300,000
to $1,250,000 in March, 1899; par $100. Road was to have been constructed during spring of 1899, but now is not expected to be In opera-
Net.
Other Inc.
1099
1898
Net
Other income.
Netincome
69,422.
ALBANY & SCHOHARIE VALLEY RAIL"WA Y—To be a troUey road.
to Sept. 30:
$185,451 $71,553 $1,466
$27,504
174,681
72,044
25,499
Annual Report— Years ending June 30th. (See V. 67, p.
Gross.
N. Y.
IN
Interest.
Wat.T.&RR.— Sfk $100
Gross earns
AND
Date.
stock (see text) par $100
1899.
ALBANY,
in 1863.
|
Maturity.
$1,000,000
400,000 Sept.
Rails 66
ALBANY RAILWAY-A
troUey road.
Operates 6 lines through principal business streets to Troy, Cohoes, Watervllet and Rensselaer.
Has no competition. The Watervllet Turnpike & RR. Is leased for 999
years at ifl of 1 per cent on $240,000 stock and 6 per cent interest on
bonds; owns 16 miles. The Cohoes City Ry., which see (stock, $50,-
Trac.
gold,
is
Maturity
Outstanding.
$2,000,000
,
ooo ooo
i,uoo,ouo
interest.
The Albany Construction Co. (93 State Street,
building the road, increased its stock from $5,000 to
$250,000 in April, 1899. In Aug., 1899, N. Y. Railroad Commission
gave authority to the road to issue $1,200,000 5 per cent bonds, $1,000 each, interest A&O, with City Trust Co. of N. Y. as Trustee.
Officers— President, Henry W. Burgett, Boston; Treasurer, (libarles
E. Bibber, 49 Federal Street, Boston; Secretary, W. H. Ervin.- V. 69p. 383, 439.
tion until July, 1900.
.
1898.
1899.
1898.
$4 1 ,795
$680.4«0$627,588 Interest
$46,484
238,084 228,< 91 Tax,ren'l8,eto. 61,212
59,424
1,424
122,500
8,232 Dividends
126,875
239,508 236,324 BaLforyr.... sur.4.9.37 8ur.l2.604
GENERAL BALANCE SHEET JUNK
Costof road
)«„ „_„ „»„
Cost of equipment. ... J $^.676,.Jb.J
Stocks
96 1 .)
& b'ds, other cos.
Cash on hand
Open accounts
Supplies on hand
30, 1899.
Liabilities.
scrip.. . .$1,750,000
Capital stock
&
Funded debt
Int. due and accrued
16,739 Open accounts, etc
35,856 Profit and loss, surplus.
1 17,049
974,000
2,728
75,455
71,190
27,467
$2,873,373
$2,873,378
Officers— Pres., Robert C. Pruyn; Sec, James McCredie; Treas. and
Gen. Man., John W. McNamara. Puroh. Agt., Joseph. S. House— V. 07,
p. 951,954; V. 69, p. 383, 541, =151,909.
:
:
STREET RAILWAYS
8
ALEXANDRIA, VA.
street railways in Madison and St Clair counties (IU.) and to fumisir
gas, electricity, steam and water, for liglit, fuel, power and district
Population 1890 was 14.339;
in 1880 was 13,659
1870 WAS 13.570.
IN
WASHINOTON ALEXANDRIA & MT. VERWashington; overhead
NON RY.— Underground
outside.
trolley in
&
Stock
Bonds—
Date,
interest.
Ontsland'g.
Maturity.
Stock. $1,000,000 (par $50)
(1)
l8t mort., $750,000, gold..
1895 5 g. F.-A.
700,000 Aug. 1, 192.^
Trustee, Real Estate Trust of Phila., pays interest.
Road.— Operates from Washington, D. C, (13ifl St. & Pennsylvania
Ave.) to Mt. Vernon. 17 miles; extensions to Arlington Cemetery and
Rosslyn, Va., etc., 8 miles; total track, 25 miles; T rails.
Officers.— President and General Manager, Grlttith E. Abbott,
Secretary, Frank K. Hippie; Treasurer, J. K. Swartz. Office, Alexandria. Va., and Washington D.
V. 61, p. 474.
C—
ALLENTOWN,
PA.
Population 1890 was 25,228; in 1880 was 18,063;
AND in 1870 WAS 13,884.
ALLENTOWN
TION—A trolley road.
& LEHIOH VALLEY TRAC-
As we go to press, the announcement i.s made that all the lines operating in and around Allentown were on Nov. 17 merged in a new company called the Lehigh Valley Traction, with $3,000,000 capital and
$3,000,000 bonds.
Organization- Chartered May 31, 1893. Owns and operates 45
miles of electric road in the Lehigh Valley in Lehigh and Northampton counties, connecting the city of Allentown with the boroughs of
Bethlehem, South Bethlehem, Foimtain Hill, West Bethlehem, the
Catasauquas and Copley, and the towns of Whitehall, Seigfrieds,
Northampton, Aineyville and suburban Allentown. The combined
population of towns and villages served by the system in 1890 was
77,315; in 1880 was 51,074. " Franchise runs for 999 years and gives
exclusive rights to operate street railways in all said towns, boroughs
and city;" company also owns 9 miles private right of way connecting
certain of the above-mentioned towns. The control in the property is
held thiough ownership of the entire capital stock of the companies
below, which have been absorbed, their entire capital stock (except
five shares of each to qualify directors, and a portion of the Electric L
& P. stock not owned) having been placed in trust for the benefit of
security holders. Their corporate existence, however, is preserved for
legal reasons, valuable rights being conferred by some of their old
aharters, including the right of eminent domain.
Stocks Owned—The capital stocks of the following companies are
all owned, except a portion of the Electric L. & P. stock, viz.:
capital stocks owned.
Lehigh Valley Trac'n Co. $75,000 Bethlehem & South BethAllentown & Bethlehem
lehem Street Ry. Co... $200,000
Rapid Transit Co
1,000,000 Catasauqua <fc Northern
Allentown Passenger By.
Street Ry. Co
50,000
Co
200,000 Allentown Elec. L. & P.
150,000
Bethlehem & Allentown
Rittersville Hotel Co. &
.street Ry Co
100,000
Park
100,000
The outstanding securities on the property are as follows
.
.
&
Date.
interest.
Outstand'g.
Maturity.
Stock
Bonds—
Stock. $4,000,000, par $100
$4,000,000
Allentown & Leh. Valley J 1893 5g. M - S
750.000 Sept. 1,1913
Traction, 1st M., gold.o* I Int. at N. Y. Sefurity & Tr., N. Y., trustee.
July 1, 1911
(1891
6g. J-J
(?)
Allenfn & Beth. Rap. Tr.. Subject to t-all at 110 on July 1, 1896. Int.
Ist M. $500,0> 0, gold.c*! payable at Old Colony Trust Co. (Boston)
,
I.
Trustee.
J -J
^lYaSco^conyof>ni895 5g.Trust Co.,See text. Jan.
Guaranty
N. Y., trustee.
.So.OOO^gold. c" S
Unfunded debt June 30, 1898
1.
1925
for
(see below)
$804,171
Interest on All. & Beth. R. T. is payable at Old Col. Tr.. Boston, trustee.
Bonds—The consolidated mortgage of 1895 for $2,000,000 was authorized Jan. 17, 1895. The mortgage covers the entire system. Of
the $2,000,000 authorized, $1,300,000 are held in trust to retire at
maturity $1,250,000 prior bonds, of which $500,000 were subject to
call July 1. 1896.
The A. & B. Rapid Transit second mortgage for $200,000, securing
debt of $200,000 in dispute, was declared valid (V. 65, p. 1218) and
A. & L. V. iu January, 1898, was ordered to pay the mortgage and
after further litigation case on Oct. 31, 1899, was settled
of the judgment of $296,000 by the Traction Co.
Road— In July, 1898, owned and operated 29 miles of road (43
miles of track) in the Lehigh Valley; gauge, 4 ft. 8^ in.; 60 and 70
lb. T and girder rails; 70 motor cars.
Interest;
by payment
Annual Report.- For year ending June
30. 1898, gross, $227,669;
net, $107,784; interest, taxes, etc., $92,609; balance overcharges for
year. $15,175. In 1896-7, gross, $214,845; net, $98,830.
general balance sheet JUNE
30, 1898.
Assets.
Liabilities.
Road and equipment. ..$1,765,124
Stocks other companies 1,956,497
A. Ji B R. T. leases and
real estate
2,500,000
Electric Light Co
38,802
Accts. rec. and supplies.
Dlsc'nt & suspense acc't
Cash on hand
,
19,4.^5
I
I
Capital stock
$4,000,000
1,183,000
804,171
Purchase account
203,178
Accounts payable, etc.
85,021
Profit and loss
107,247
Funded debt
'
Loans
4,";
&
Owns "Rock Spring
extension to East Alton, 3 miles, proposed.
Park" of 22 acres, with lagoon, pavilion and green houses and
'•
Athletic Park'" of 5 acres, with track and ball grounds; also owns 135
open arc and 75 enclosed ai c lights. 8.000 incandesce it lights and 175H. P. motors.
Earnings— For years ending Sept. 30, earnings of Alton Railway &
Illuminating Co. have been
1896.
1897.
1898.
1899.
Earnings—
$
$
$
$
52,31164 48,888 12 44,222 49 34,705 43
Railway
Electric Light* Power... 28,230 86 28,26194 27,714 38 27,030 32
1.258 55
436 50
27153
Other earnings
ALTON,
80,H1403 77,5 P 6 56 73,19542 61,73575.
39,187 04 3e,759 84 36,872 49 29,907 21
Total
Operating expenses
.
41,626 99
l,t)95 27
40,826 72
5,545 53
36,322 93
398 33
31,823 54
Legal expenses, Ac.
35,281 19
2,b24 84
24 60
31,828 54
.
39,931 72
2,338 63
3f^,'
Taxes.
37,593 09
.14,39137
32,656 35
15,047 78
33,962 49
Interest.
1,962 11
16,58157
1
,664 90
30,163 64
11,956 29
23,20172 17.«^08 57 17,380 92 18,207 35
President and Treasurer, J. P. Porter; Vice-President,
Officers—
O. S. Stowtll: Secretary. H. S. Baker, all of Alton.— V. 66, p, 615; V.
68, p. 1178; V. 69, p. 282, 332.
Net, surplus
ALTOONA,
PA.
Population 1890 was 30,337; in 1880 was 19,710;
AND in 1870 was 10.610.
ALTOONA & LOGAN VALLEY ELECTRIC
RAILV/AY
A trolley road.
In September, 1890, Turner A. Beall, Pres't Produce Exch. Trust Co^
representing a New York and Philadelphia syndicate, purchased
control of this company and also of the -Vltoona Gas, paying, it 1»
reported, $62 50 per $50 share for Electric Ry. stock and $33-33 per
$20 share of gas stock.
Organization- IncorpoiatedDec. 12, 1892, and April 17, 1893, acquired by purchase $170,000 of the capital stock of the Oity Passenger
Ry. Oo.; also owns 187 miles constructed under its own charter. Road
opened June 15, 1893. Controls Lakemont Park Co., stock $65,000.
Bonds— Miles. Date. Interest. Outsta'g. Last Div., etc.
.Stock
$380,350
Stock, $500,000, $50
July 1, 1923
48< ,000
5 g. J-J
1st M. $500,000 gold ) 1612 1893
$500 and $1,000. c. S Sink. fd. 1 p. c. yearly bds. subj'ct to call at 10&.
Int. at Cassatt & Co., Phila., and 1st Nat. Bk., Altoona
C?)
Other bonds in 1898
Bills payable June 30,51898, $34,057.
City Passenger Ry.—
See text.
Stock, par $50
<]>,„,«
Jan. 15,1918
50,000
5 J- J
7>« 1892
1st mortg'e $50,000, )
Interest by Treasurer, Altoona.
.r.
$1,000
Capital stock of Passenger Railway is $200,000, of which on June 3(y,
1896, $174,550 was owned by Altoona & Logan Valley Electric Ry.
ifonrfs— Sink. fd. on Altoona <6 Logan Valley Electric Ry. Co. 1st M. 5h
commenced July 1, 1894; not less 1 p. o. par value of outstanding
bonds must be appropriated out of net earnings to retire bonds at or
&
;
s
below 105 and accrued interest.
Dividends— In 1896 paid 2^ per cent; in 1896-97 paid 2^ p. c.
Road—In 1899 was operating 26-2 miles of track (of which 7>«
miles owned by City Passenger Ry.) connecting Altoona, Bellwood and
Hollidaysburg.
Annual Report.- For
1897
8.
years ending June 30, on 19 miles
1896-7.
owned
1897-8.
1896-7.
$4,741 $2,866
Gross earnings .$79,333 $83,051 Taxes, etc
5,000
5,000
Net earnings
40105I JS.iii Sinking fund
*"''"^ < 18 411 Dividend...
9,509
Dividend reo'd...
25,000 Bal. for year...sur.5,089 df.3,964
25,275
Interestpaid
The City Passenger Ry. for year ending June 30, 1898, had, gross
$63,909; net. $18.1 09; surplus over charges, $5,080.
Officers— President, John Lloyd; Secretary and Treas.. C. A. Bucb.
— V.
69, p. 590.
AMHERST, MASS.
04
Total
$6,382,618
$6,382,618
Officers— President, Albert L Johnson, 71 Broadway, New York.
General Manager, .Samuel Harris, Allentown, Pa.— V. 65, p. 1218; V.
68, p. 976; V. t9, p. 794, 954.
in
'-
98,073
Total
Population
heating, and to operite parkd 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. 82. Also bought from the
bondholders of the old Alton Gas & Electric Light Co. the property or
that concern sold at foreclosure July 1, 1899.
Maturity.
Date, interest. Outstanding.
Stock
Bonds—
Stock, par $100
$500,000
Alton Improv. Asso. )
Sept., 1904-'09
1889
5 M-S
20,000
1st M., cur
s Interest at Alton Savings Bank.
Alton Ry. & III. 1st M., ) 1895 5 g. A-O
225,000
Oct. 1, 1915
$250,000, g., $1,000. c* S Interest at Manhattan Trust, New York.
A new mortgage for $500,OiO has been authorized to retire existing^
debt and for other purposes, but up to November, 1899, none.
Road and Property— Owns ten miles of single track equipped with
overhead trolley, and serving Alton, Upper Alton and North Alton. Oars
—13 electric-motor cars and 2 trail cars. In November, 1899, construction of crosstown and cemetery extension of 3 miles under way; also
ILL.
1890 was 10,294; in 1880 was 8,975;
AND in 1870 was 8.065.
ALTON RAILWAY, GAS
ELECTRIC
&
I-IGHT-
OrQanization— This company was organized
in
1899 to operate
Population
in 1890
and in
4,512; in 1880 was 4,298;
1870 was 4,035.
was
& SUNDERLAND STREET
AMHERSTChartered 1896 and purposes buildRY.about
OrQANIZATION.—
in
to
8 miles of single track from Amherst, Mass. Road in Amherst (about
4'5 miles) opened in July, 1897, and during the year ending Sept. 30,
1898, carried 211,585 passengers. Stock subscribed for, $22,000.
First mortgage bonds for $21,500 issued Feb. 1, 1898, and used as
collateral for bills payable. Gross earniugs from operation for year
ending Sept. 30, 1898, $10,601; deficit from operation, $1,749. President, W. D. Cowls; Clerk, Chas H.Edwards; Supt. and Gen. Man., L.
N. Wheelock.
STREET RAILWAYS.
AMSTERDAM,
and the Oxford Lake Line, sold at foreclosure August, 1899, and
expects to acquire at receiver's sale in December, 1899, the Anniston
N. Y.
Population 1890 was 17,336; in 1880 was 9,466;
AND IN 1870 WAS 5.42«.
AMSTERDAM STRKET
Feb.
1873.
RR. -A
Organization— Chartered
Stock & Bonds—
„*
icf mort., $200,000, gold... c
1st ,.,«,.+ «onnnnrt>rnt<i
interest. Outstand'g.
Maturity.
$250,000
1898 4 5g.A-0
159,000 Oct.
state Trust Co., N. Y, trustee.
Stock $250,000 ($100)
(
|
1,
1920
3,410
payable (June 30, 1899)
Bills
Gas and Liglit Co.
Officers.— President, H. W. Sexton.
trolley road.
5,
Date,
11,500
Loans payable
do
Bonds.— In Oct., 1898, the mortgage debt was re-arranged, the old
6s being retired and new mortgage bonds being issued in their stead.
Of thenewlst mortgage bonds $50,000 are 5s and $109,000 4s, the
latter to receive "i^ per cent additional interest, if earned, to equalize
the saoriflce of 1 per cent on the interest rate. For back interest
from October, 1893, $20,000 Ist income and $30,000 2d income 58,
due 1920, interest J. & J., were given. No back Interest on incomes
paid to November, 1899.
Road-— Owns 4-7 miles of track. Rails 48 lbs.
Latest Earnings— lOmos.,} 1898-99. .Gross, $48,6=^2; net, $13,o31
44,915; net, 12,124
Dee. 1 to Sept. 30.
5 1897 98.. Gross,
Earnings— For year ending November 30, 1898, gross, $53,905; net,
$14,043. In 1896 97, gross, $49,264; net, $11,048. In 1895-96, gross,
$49,021; net, $10,168.
Officers— President, John S. Wise; Secretary and Treasurer, R. Q.
'Day; Manager and Purchasing Agent, E. F. Seixas. Office. 20 Broad
«t..
N. Y. City.
ANDERSON,
IND.
POPDLATION IN 1899 (LOCAL ESTIMATE) WAS 25,000
1890 WAS 10,741 IN 1880 was 4,126
AND IN 1870 WAS 3.126.
;
IN
;
UNION TRACTION
OF INDIANA.-A
CO.
•trolley road.
Organization.—The Union Traction Company of Anderson was
chartered Sept. 3, 1897, and commenced operations Jan. 1, 1898. In
July, 1898, it absorbed Anderson Elec. Street Railway and in Jan.,
1899, the Elwood Electric Street Railway, and in June, 1899, purchased for $500,000 cash the Marion City Railway, the $400,000 mortgage of the latter being assumed. In June, 1899, was consolidated
with the Muncie Anderson <fe Indianapolis Street Railway [organized
to own the franchises in Munoie and build a line from Muncie to
Indianapolis] under the title of the Union Traction Co. of Indiana.
V. 69, p. 8 1. The purpose is to combine the electric lines of the Indiana gas belt. The Citizens' Street Railway of Muncie, Ind., has also
been absorbed.
Date, interest. OulsVd'g Maturity.
Bonds—
Stock
Stock, $4,000,000, common
(!)
8 r. Ist M., g.>
Anderson Elec.
1892 6g. J-J $150,000 July 1, '12
c S Int. at Farm. L. AT. Co., Tru8.,N.Y.C.
($1,000 each) assumed
&
^'So^O
S
'"''''^^
S
f fiubiert
denom
goiQ
New
^'*
••
"""""^f
]
to cftYl"at«l05
and $?!ooo
^
:
189!), under foreclosure of the
Orqanization— Was sold
$175,000 mortgage mentioned below. Property will be taken over by
the Anniston Gas & Electric, which see.
&
Date, interest. Outstand'g.
Maturity.
Stock
Bonds—
1912
Istmortgage, gold, ($1,000) ) 1892 6g. F-A $175,000
sinking fund
c* s Trustee, So. Bank'g & Tr., Atlanta, Ga.
Interest payable at Boston or Atlanta.
Road— Oxford Lake to West Anniston, 67, q miles; side track, 8,o
miles; total track, 7^ miles. Eight motor cars and 2 trailers.
Officers— President. Gen. Manager aud Pur. Agent, H. W. Sexton.
—V.
68, p. 928; V. 69, p. 283.
ASBURY PARK,
Population of township 1890 was 8,333;
'^
gold
N. J.
City Trust Co.,
N
Y., trustee.
$300,000 are reserved for underlying bonds, $3,440,000 have been
Issued to acquire properties and for improvements, and $760,000 are
held for future needs.
Besides the city lines
in Marion, Anderson, Muncie and Elwood, operates an interurban
road from Anderson (via Linwood, Alexandria, Summitville, Fairmount, Joncsboro, Ga.s (3ity and Soldiers' Home) to Marion, witli a
branch from Alexandria (via Orestes and Dundee) to Elwood. The
interurban lines aggregate about 44 miles out of tlie 100 miles operated
Also has franchises and right of way from Anderson to Muncie, 18
miles (via Chesterfield, Dalcville and Yorktown) in the one direction
and from Anderson to Indianapolis, 38 miles (via Pendleton, Ingalls!
Fortville, McCordsville, Oaklandon, Lawrence and the State Pair
Grounds) in the other. Cjnstruction under way on these lines and to
be completed as soon as a large central power station, to be operated
on the three-phase sy.stem with necessary storage batteries, can be
erected at Anderson. The new station will replace the stations in the
various cities and towns. Through the sale of its securities the company has the money on liand to build these extensions and also th<'
new power station. Contract for this power station, to cost $1,000,000, was given in Xoveml)er, 1899.
Officers— President, Philip Matter, Marion, Ind.; Secretary and
General Manager, Charles L. Henry, Anderson, Ind.; Treasurer, George
F. McColloch, Muncie, Ind. General offices, Anderson.- V. 67, p. 224,
372; V. 68, p. 1227; V. fc9, p. 82, 334.
ANN ARBOR,
INDEX-V.
66, p. 616.
SEASHORE ELECTRIC
iu 1888,
Outstanding.
Date, interest.
Maturity
Bonds —
Stock
Stock issued and paid in
$200,000
200,000
1917
6gJ-J
'!!200 000 anth ^ 1^92
1st
Subject to call at 105 in 1897
„«i^"„„oi:
\
goia, ouar
(Int.is payable at FirstNat.Bk., Asbury Park
Atlantic Coast Electric first mortgage Ss for $i00.000 are reserved
to retire the above 6s.— V. 63, p. 152.
&
M
'
'
'
ASHEVILLE,
and
ANN ARBOR & YPSILANTI ELECTRIC RY.
Arbor.
See Detroit.
ANNISTON, ALA.
in
1880 was 2,616;
1870 WAS 1.400.
ASHEVILLE STREET
RAILW^AY-Trolleyroad
Organization— J. E. Rai kin is Receiver.
Date.
interest.
Stock & Bonds —
Stock, common
Pre(. stock, 6 p.
IstM
ist M.,
c.
Outstanding.
..
Maturity.
$100,000
200.000
26,500 July
cum
000 ($5001
(!t.ouu)..
'ft'iO
!t>ou,ouu
6-^ -J
^88^
Interest at Atlantic Trust, New
^
1,
York
1918
City.
6 J-J
73,500 July 1, 1903
6 and 7 miles of track.
Earnings--In year 1898 gross earnings from passengers were
$38,451. Including other income, $3,158, total net was $7,663.
1893
c*
Road— Operates between
ASHL.AND, WIS.
POPUL.A.TION 1890
WAS
9,956,
AND
IN
ASHLAND LIOHT, POWER
RAILA\^AY-A trolley road.
1880 WAS 951.
AND STREET
Organization— Chartered in February, 1896, as successor to Ashland
& Street Ry. Owns exclusive electric light and gas rights in
city, and bonds cover lighting plant. Population in 1895 said to be
Lighting
12.690.
Stock
&
Bonds—
Date.
interest.
Outstand'g.
Maturity.
Stock. $300,000 ($100)
1st M., $150,000, gold )
($l,000),s.f.,red.l04.c
$150,000
1896
5g. J.-J.
110,000
Jan. 2, 1916
Interest at Old Colony Tr., Boston, trustee.
Earnings- For year ending October 1, 1899, gross, $46,492. Year
ending Oct. 1, 1898, gross, $39,638. The gross earnings of the old
company for the year ending Sept. 1, 1894, were $64,446.
Road— Operates 6 miles of trolley track.
Officers— Pres., G. W. Harrison; Sec. and Treas., G. F. Merrill.
<,
Population 1890 was 8.338; in 1880 was 4,445;
and in 1870 was 1,999.
ASHTABULA RAPID TRANSITORGANIZATION— Chartered
Oct. 7, 1890. According to company's
statement, population of city in 1895 was 12.240.
Bonds— MUes. Date, interest. Outstanding. Maturity.
Stock
Stock
$1.50,000
1891 6g. J-J
IstM., $75,000, gold. < ....
75,000 July 1, 1911
c*Ar < Int. at Central Trust Co., Trustee, N. Y. City.
1,000
Road— Operates 5 miles of track on 5 miles of street.
Officers— President, F. B. Wagner; Vice- Pres., F. J. Wettach; Traas.,
E. W. Savage.
official
Population 1890 was 9,998;
in
N. C.
in
ASHTABULA, OHIO.
PoPDLATiON 1890 WAS 11,071; IN 1880 WAS 8,061;
AND IN 1870 WAS 7,363.
& Ann
RY.-A troUey road.
and has franchise to operate a
double-track street railway iu borough of Asbury Park for 50 years,
with provisions for renewal at end of that time. Own.s 5-73 miles of
track. Leased in 1896 for 50 years to Atlantic Coast Electric Railway
-which owns $150,000 of the stock and operates this road as part o
Dividends in 1898 5 per cent.
its system— see under Long Branch.
Organization— Chartered
MICH.
May, 1898, by Detroit Ypsi.
under
Organization— Successor of the Asbury Park & Belmar Street Ry.,
purchased at foreclosure sale in March, 1898, in interest of Atlantic
Coast Electric Ry., which, siflce Sept., 1898, has operated oars over it
under 99 years' lease, rental being interest on bonds and 6 iier cent
on stock.—V. 66, p. 616. Owns 2^ miles of track. Stock. $100,000;
par, $100; dividends, J-J, first dividend, being payable Jan. 1, 1899.
Bonds are 20-year $50,000 gold coupon 5s, dated March 1, 1898, interest, M-8, being guaranteed and payable at Monmouth Trust Co.,
Asbury Park, trustee. Bonds are subject to call at 105 at any time.
Officers— President, J. E. Comins; Secretary and Treasurer, H. B.
Perine, 32 Nassau Street, New York.
Mortgage
Road— At present embraces about 100 miles.
RY.-See
Controls the Seashoi e Electric Ry.
^
S
J.
1880 was 1,640.
ASBURY PARK&SEAGIRTELECTRICRR.
I
Bonds—The Union Traction of Anderson nnortgage for $600,000,
issued in 1898, was canceled.
Of the $5,000,000 new mortgage,
N.
in
ATLANTIC COAST ELECTRIC
Long Branch,
1897 6g. J-D
250,000 Dec. 1, '27
Interest at Guar. Trust & Safe Deposit
Co., Philadelphia, trustee.
Mortgage trustee, Francis A. Palmer.
mortgage. $5,000,000,?
1899 5 g. J&J 3,440,000 July, 1919
in
LINEOXFORD LAKE August,
Population 1890 was 10,235;
^5>i,'Juo)
—Absorbed
9
1880 was 942.
ANNISTON ELECTRIC & GAS CO.OrQanization— Incorporated in 1899 under Xew Jersey laws to
ake over the Anniston Electric Co. (operating the Noble Street line),
&
;
;
STBEET RAILWAYS.
10
ASTORIA, OREGON.
Population 1890 was 6,184; is 1880 was 2,803;
AND IN 1870 WAS 639.
ASTORIA STREET RAIL'WAY-A trolley road.
Organization— Chartered Nov. 12, 1887.
Stock & Bonds— Miles. Date. Interest. Outstand'g.
Maturity.
$55,000
Stock, $200,000
May 2, 1912
25,000
3
1892 6 g. M-N
let M., $25,000, gold.
Interest is payable at the office of the Security Savings & Trust Co.
(trustee), Portland Ore. From 1899 to 1906 one bond must be called
yearly at par; from 1907 to 1909 three bonds yearly, and in 1910
and 1911 four bonds
yearly.
Road—Operates 3
miles of track.
Officers—President, J. W. Conn; Vice-President, W. A. Sherman;
Secretary and Superintendent. F. W. Newell Treasurer, F. R. Stokes.
;
ATCHISON, KANSAS.
POPULATION 1890 WAS 13,963;
IN 1870
WAS
in 1880
7,054.
was
15,105;
&
,
ATCHISON RAILWAY, LIOHT & POWERelectric railway, lighting and gas properSuccessor in 1895 to the Atchison Railway, Eleotrlo
Light & Power Co. In 1897 reported to have purchased Forest Park
and other property for $125,000. Population, local census of 1895
was 15.790
Maturity.
Bonds— Miles. Dale. Interest. Outstatid'g.
Stock
$300,000
8tk.$300,000,pr.$100
ORQANIZATION— Controls
ties of
The Trust Company of Georgia (Joel Hurt, Prest.) owns both the
Atlanta Railway & Power and the Atlanta Railway.
A sharp contest has been in progress between the Atlanta Railway
<fc Power
Co., representing the consolidated lines of Atlanta, and the
Collins Park & Belt RR., which latter was seeking franchises covering
the principal streets of Atlanta. In August, 1899, the Collins Park
road was successful in obtaining its franchises.
Date.
interest.
Outstanding.
MaturityStock
Bonds—
Stock (par $100)
$2,000,000 paid in
Atlanta St. RR. first < 1890
July 1, 1920
6 g. J .- J.
225,000
gold $1,000
I jH<cres< is payable in New York at 4th Nat. Bk.
^
^^^^
2,025.000 July 1. 1939.
5 g. J. -J.
000°e1sf Oolfeacbi 1 I^^^^rest payable in N. Y. at N. Y. Sec.
& Tr. Co.;.
Sub'i to call after 5 {
'^^^^^- "^^^ ^ ^^P" ^^- *** ^'^^*' trustee;
jears at 107i« c, 1 ^^®° ^^
$106,000 ) Optional but
Income bonds, gold' < 1894
8g
*-l, 000 each
due 1924.
< 2»i,Mf earned payable at Atlanta. S
J.-u;o»ies.— Issue was $212,000, but $106,000 have been paid.
New refunding mortgage.— Ot the 58 of 1899, $2,02 sOOO were used
to retire an equal amount of 6s issued in 1891, $22i.OO0 are reserved
to retire the 68 maturing July 1 1920, and $250,000 for Improvements
and new equipment.—V. 67, p. 13^5; V. 63, p. 81.
Road— Operates 52 miles of main track and 13 miles of sidings and
second track. In 1899 important extensions are contemplated.
Latest Earnings— 10 mos. ) 1899, sross, $408. 913; net, $213,567;
Jan. 1 to Oct. 31.
108,572; surpl's, 104,995
5 fixed charges,
Annual Report— Fiscal year ends Dec. 31, changed in 1897 from
April 30. For year ending Dec. 31, 1898, gross receipts were $408,397;
net, $185,956; interestand taxes, $119,115; balance, surplus, $66,841.
Balance Sheet— On Dec. 31, 1898, the balance sheet showed:
Achison
&
let M., gold, $1,000,
int. at Exch. Nat.
150.000 July 1,1915
1895 6g.,J&J
Bank, Ati hison
1897
(1)
Consol. mortgage
Trustee of Ist mortgage. Mercantile Trust Co., N. Y.
Road Operates 8 "2 miles of track on 8 miles of road.
Officers— President, J. p. Pomeroy; Vice-President, W. P. Waggener; Treasurer, C. 8. Hetherington.
—
A Qgfifs
Liabilities.
Materials on hand....
Cash items
Miscellaneous
Plant
Total
$15,066
232,623
1,473
4,446,380
$4,695,542
Capital stock
$2,000,000
2,250,000
33,o74
412,468
Bond account
Miscellaneous items
Profit and loss, sur
Total
$4,69?,542
Officers— President, Ernest Woodruff; Sec. and Asst. Treas., T. K.
Glenn; Treas., R.J. Lowry Piiroh. Agent, W. II. Glenn.— V. 63, p. 27,
;
V. 67, p. 72, 1355; V. 68, p. 84, 770. 1179; V. 69,
ATHENS, GA.
ATLANTA ELECTRIC
Population 1890 was 8,639; in 1880 was 6,099;
and in 1870 was 4,251.
ATHENS ELECTRIC RAILWAY-A. trolley road.
Organization — Purchased road at foreclosure sale in June, 1894.
New charter granted
June, 1895.
to city; also incandescent
lamps
Has contract
to furnish arc lights
to private parties.
Uses water power
for generating electricity.
Stock & Bonds— Capital stock, $50,000, fully paid. Bonds, first
mortgage, gold, $100,000; denomination $500, 6 per cent coupon,
J. & J.; dated July 1, 1896, due July 1, 1916. Columbus Savings Bank
of Columbus, Ga., trustee. Interest payable in Columbus or Athens.
Plant— Owns 6 miles of track; 40-lb. and 70-lb.T rails and 70 lb.
girder; 10 motor cars; lighting and power plant, 700 horse power; 55
miles copper wire on 15 miles of poles.
Earnings— Fiscal year changed to Dec. 31. Gross, 6 mos. ending
Dec. 31, 1898, $16,321; net, $10,779; interest and taxes, $4,213
surplus, $6,566. Earnings under water powei for year 1897-8 were
$27,045 (being 49% from railway and 51% from lighting and power);
net, $15,708. In 1896-97, partly water, partly steam, net, $8,376;
net, in 1895-96, $4,165; in 1894-95, net, $3,079.
nse 18 expected to largely increase net earnings.
Water power now
in
Officers— President, W. S. Holman; Vice-President, J. Y. Carithers;
Secretary and Treasurer, W. T. Brvan; Gen. Manager and Purchasing
Agent, C. D. Flanigan. Supt., H. M. Hughes.
ATHOL, MASS.
Population 1890 was 6,319 in 1880 was 4,307
AND in 1870 WAS 3.517.
;
A
ATHOL & ORANGE STREET RAIL^VAY
trolley road.
Organization—This company May 1, 1899, owned 7 miles of electric
railway, 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.
Earnings years end. Oct. 1:
Ist M. ($1,000), gold, '94. .$60,000
1899.
1898.
5g., J&J, (no option) Jan. 1, 1915 Gross
$29,5=>5 $29,339
Our. llaliiliiien Sep. 30,'99. $2,000 Net
10,096
10,853
" assets Sept. 30, '99. ..
3,314 Int., taxes, etc..
3,271
5,003
Dividends
4,800
4,800
In Nov., 1899, Mass. RR. Commissioners gave permission to increase
stock $14,500 to $74,n00. Stock sold at $125 per share.
Dividends— In 1895. 5 p. c; in 1896, 1897, 1898 and in 1899 8 p. c.
Officers— George D. Bates, President, Athol, Mass., Wm. D. Luey,
Treasurer and Corporation Clerk, Athol, Mass.
ATLANTA,
GA.
Population 1890 was 65,533; in 1880 was 37,409;
AND in 1870 WAS 21.789.
ATLANTA RAILWAY & PO "WE R -A trolley road.
the old Atlanta
Organization-This
is
Consolidated Street Rail1891 and name changed as above July 1, 1899.
A consolidation with the Atlanta Street Railway and the other street
car lines in Atlanta had been arranged under the new name; but July 6
a restraining order was issued by one of the Georgia judges preventing
way, incorporated
in
further Fteps in thu consolidation; in Nov., 1899, Injunction was continued until the questions of fact may be passed upon by a j ary. It was reported that the new company was to have $2,000,000 stock and $5,000,000 5 per cent gold bonds; of these latter $2,250,000 were to be reserved
against outstanding Issues, and $2,000,000 to be sold, while $750,000
were to be used only to build an electric-lighting plant and for extensions and improvements. Possibly the Georgia Electric Light Coman y might be acquired Instead of building a new lighting plant.
p. 77,
491
,
1010.
RY.-A trolley road.
ORQANIZATION-Operated by Atlanta Consolidated for a division of
receipts. Stock was $100,000 and first mortgage gold coupon bonds
$30,000, due in 1906; miles of track, 3, and leases Lakewood Park. Sold
at foreclosure in 1898, but in July, 1899, motion for re-sale pending;
motion opposed by the Consolidated on the plea that it held an option
to purchase property. In Nov., 1899, decision was looked for shortly
ATLANTA RAIL'WAY.-A trolley road.
Organization—This company was a reorganization July 1, 1895, of
Atlanta City St. Ry. and the Atlanta Traction Oo., foreclosed in 1895.
In Nov., 1898, a Baltimore syndicate, headed by Middendorf, Oliver
& Co., purchased entire stock and bonds; subsequently this syndicate sold their interest to parties identified with the Atlanta Consolidated Street Railway, and a general consolidation of the street oar
lines of Atlinta is contemplated, as noted above, under the nameof the
Atlanta Railway & Power.
Interest. Outstanding.
Date.
Maturity.
Bonds—
Stock
Stock, $300,000, par $100
$300,000
mortgage, $350,000, ) 1895 5 g. M-S
300,000
Sept. 1, 1925
Ist
gold, $500
5 Tnts^ee, Baltimore Tr..<feGu. Co., Balt.,Md..
Bon ds—$50,000 held by Trustee in escrow for future improvements.
Road— Owned about 19 miles of track on 18 miles of street in city of
Atlanta, Ga., and environs. Also owned 23 acres of unimproved real
Power is supplied by the
estate, 23 motor cars and 10 trailers.
Georgia Electric Light Co.
Earnings—For years ending June 30 have been:
Expenses.
Net.
Oross.
Charges.
Years.
Surplue.
$6«.976
$30,490
18989
$95,466
$15,()00
$15,490
1897-8
93,204
73,918
19.286
15,000
4,286
—V. 60, p. 927. 1143; V. 67, p. 1054; V. 68, p. 770, 821, 1179; V. 69,
&
p.
491.
COLLINS PARK & BELT.-An electric road.
Organization— Owns lO
to 15 miles of track in the vicinity of Atproposed consolidation of the other
Is not included in the
lanta.
An August, 1899, was granted a franchise by Atlanta
City Council. See V. 69, p. 491. Franchise provides that in case of
consolidation with another road both con panics are to pay 5 per cent
of gross receipts to city. Construction, it is reported, will begin at
once. Change of name contemplated to Atlanta Rapid Transit Co.
President, C. J. Simmons; Secretary and Treasurer, H. M. Atkinson.—
V. 69, p. 491,905.
_
Atlanta roads.
AUBURN,
N. Y.
Population 1890 was 25,858; in 1880 was 21,924;
AND IN 1870 WAS 17.225.
AUBURN CITY RAILWAY-A the old
Chartered
1886. In 1895
trolley road.
Oct. l,
lires were
Organization—
re-built and extensions made. The company owns Lake Side Park,
about 33 acres on Lake Owasco. Population of Auburn in 1895 was
said to be about 30,000.
Stock
&
Bonds—
Dtite.
interest.
Stock (par $100) $300.000
Outstand'g. Maturity.
$300,000
300,000 Aug. 1, 1925
Ist M., *300,000 ($1,000) c* ) 1895 Off. F-A
red. Aug 1, 19t)5. at 105.. $ Int. at W. End Tr. & 8. D. Co., Phlla., tr.
52,855
Bills payable June 30, 1899
Profit and loss deficit June 30, 1899, $23,265.
Road— Owns 13-)- miles of track extending along Seward Avenue,
North
Street, etc.
and from Genesee Street to foot of Lake Owasco.
Earnings— For years ending June 30:
Oross.
Net.
Taxes.
Interest.
Balance.
$70,481 $31,400 $3,419
$18,000
sur. $9,981
62,. 72
26,977
2,364
20.805
sur. 3,808
Officers— President, C. D. Beebe; Secretary and Acting Treasurer,
A. M. Michael. Index—V. 61, p. 749.
1898-9
1897-8
STREET RAILWAYS.
AUGUSTA, GA.
Population
in
1890 was 33,300; in 1880 was 21,891
in 1870 was 15.389.
CO--^
trolley road.
Organization— A reorganization in 1896 of the Augusta Railwaythe Augusta Light Co. and the Thomson-Houston Co. Some of the
bonds are held Id London, and coupons on these are paid bythe North
American Trust Company at its London otlice, 95 Gresham St., E. C.
.Stock
&
St?ck..
!^.
Date. Interest. Outstanding.
Bonds—
Maturity.
$600,000
448,000
1896
5 g J1916
Trustee is No. Amer. Trust Co., N. Y. Bonds subject to call at 105,
Annual Report— For years ending Deo. 31 earnings were:
Ist mort., $.=iOO,000, gold,
Organization.— Owns and operates 1-53 miles, extending from
Dock on Great South Bay to L I. RR. Dei)ot. Extension contemplated of 38 mile to the village limits, to connect with Babylon &
North Shore RR. Operated since July 31, 1898, by Kinetic stored
steam motors. Stock, $25,000; par, $25; all issued. Bonds, 1st mortgage 30-year gold 5s, $1,000 each, dated June 1, 1898; authorized,
State
and
AUOUSTA RAILWAY & ELECTRIC
11
189*7.
1898
1897
1898
Oross earning.s.$174,178 $164,887 Balance for di vs. $53,950 $45,170
67,195 Dividends (3<V)... 18,000
Net earnings... 76,350
22.025 Balance, surplus.. 35,950
22,400
Int. on bonds..
Road— Operates 16'^ miles of track 15 miles of street.
Officers— Pres., D. B. Dyer; Secy., C. O. Simpson; Supt., W. E. Moore.
JnDEX—V. 60, p. 391; V. 61. p. 793; V. 62.820,907; V. 63, p. 115.
I
|
i
I
$150,000; outstanding, $27,000 interest at Metropolitan Trust Co.,
Trustee. President, Arthur P. Dodge; Secretary and Treasurer, Francis
J. Oppenauer. N. Y. Oftlce, 27 William Street.
;
BABYLON & NORTH SHORE
RR.-To
be operated by Kinetic power.
Organization.- Projected from Babylon to Northport, 16 miles,
but ill August, 1899, the N. v-. Board of Railrjad Commissioners
refused permission to build the road. Stock authorized, $160,000; par,
$100. President, Charles L. Easton; Secretary and Treasurer, Francis
J. Oppenauer. N. Y. Office. 27 William St.
;
BALLSTON SPA,
Population
IN 1880
7,808.
WAS
8,665;
AUOUSTA HALLOWELL & OARDINER
road.
RAILROAD—An
electric
Organization— Organized March 18, 1889, under laws of Maine.
Date, interest. Ontstand'g. Maturity.
Stock & Bonds—
$120,000
Text.
Stock $150.000— $100
1590 6 J-J
100,000 July 1, 1910
Ist mortgage for $100.000....
Interest payable in Boston; International Trust Co., Trustee.
(1891 412 J-J $50,000 July,1911
} Interest is payable at Maine Trust &
Consol. mortgage
Banking Company, Gardiner, Me.
t
The consol. bonds were originally 6 per cents, subject to
Bonds—
«all after 1896, but on Jan. 1, 1899, they were called in and re-issued
at 4'« per cents.
3%
in 1896-97,4; in 1897-8,
Dividends, 1894-95, 2 P.O.; in 1895-96,
in 1898-9, 4 p. c.
Road—Operates from Augusta to Gardiner, 7 miles.
Annual Report— For years ending June 30th earnings were
-4;
1899
1898
1899
1898
$393
$388
Gross earnings $39,770 $40,620 Taxes, etc
18,.548 Bal. for diva
16,524
8,232
9,160
Netearnings
9,000 Dividends
4,800
4,800
Interest on bonds 8.625
Officers— Prest., J. Manchester Haynes, Augusta, Me.; Sec, H. G.
Staples; Treas. and Pur. Agent, G. E. Macomber; Bookkeeper, E. H.
|
I
I
Morrill.
_
AURORA,
ILL.
Population 1899 (estimated) was 27,000; in 1890 was 19,688;
1880 WAS 11,873; and in 1870 was 11,162.
AURORA STREET
in
RAIL^sVAY.-An electric road.
Organization— Chartered in September, 1890. Successor by purchase to Aurora City Railway. Franchise (extended in 1896) running
The Aurora & Geneva is controlled
till 1916 without exclusive rights.
in the same Interest.
Date, interest.
Ou'sVd'g
Maturity,
Stock & Bonds—
$300,000
Stock ($300,000 authorized)
300,000 Oct. 1,1910
Ist M. for $300,000, gold, < 1890 6 g. A-O
c* {Interest at Cent. Tr. Co., Trustee, N.Y.C'y
not subject to call
Bonds—The trustee holds 2,988 shares of Aurora City Ry. stock for
benefit of the bonds.
Road— Operates 18 miles of track, including 2 miles second track.
Earnings— Including the Aurora & Geneva, earnings of the two
-companies for the year ending March 31, 1899, were Gross, $95,067;
•operating expenses, $68,849 net earnings, $26,218; taxes, $3,366
balance net, $22,852.
Officers— President & Treasurer, R. B. Dodson, 2 Wall St., N. Y.
Vice-Pres., H. C. Tinker; Gen. Man. and Purch. Agent, D. A. Belden.
:
;
AURORA
&
GENEVA
build
RY.-ORQANIZATION-Char-
from Aurora to Batavia and Geneva (10
miles), connecting with the Elgin City Carpentersville & Aurora. Line
Aurora to Batavia, etc., 8 miles in operation. Is controlled in the same
tered July 29, 1896, to
Aurora Street Railway. A final decision has lately
been given by the Illinois Supreme Court in favor of the Aurora &
Geneva In its effort to condemn a route through private property to
make connection with the Elgin City Carpentersville & Aurora Interurban line.
interest as the
Date. Interest. Oulstand'a. Maturity.
Oulstnnd'g.
Stock—
Stock ($100,000 authorized)
$88,000
0^er«— President, William Fahnestook; Treasurer, R. B. Dodson, 2
Wall St., N. Y.; Seo'y and General Manager, D. A. Belden, Aurora, 111.
AUSTIN, TEX.
Population 1890 was 14,575; in 1880 was 11,013;
AND in 1870 WAS 4,428.
AUSTIN RAPID TRANSIT RY.-A trolley road.
Organization-Chartered in 1890. Ira H. Evans appointed receiver
February 23, 1897. Interest is in default.
Stock
Stock
&
Bonds—
interest.
1891
iBtmortgage
Date,
6
M-S
Ontstand'g.
Maturity.
$350,000
343,000
Sept.
International Trust Co., mortgage trustee, Boston.
Road— Operates 1334 miles of track on 1027 miles of road.
Officers—President, F. H. Watriss.— V. 64. p. 422.
BABYLON,
BABYLON
N. Y.
was 6,035; in 1880 was
RR.-Chartered April 15, 1871.
Population
in 1890
N. Y.
3,527; in 1880
was
4,739.
1,
1921
3,011.
trolley road.
Organization— Chartered March, 1896.
Date, interest. Outstanding.
Stock & Bonds—
Stock (par $100)
1st mort., gold ($500 and
$1,000 each) $300,000c*
Maturity,
$300,000
250,000 June 1, 1926
5
\ Int. at Atlantic Trust Co., N. Y., trustee.
Road— 12^2 miles; 2is miles additional are projected, to provide
for which $50,000 1st 5s have been reserved.
Connects, by standard
gauge railroad, the many manufacturing establishments of Ballston
Spa and vicinity with the Delaware & Hudson RR., thus affording
transportation of fi'elght to aU parts of the country without breaking
bulk. Traffic, about 600 tons a day, heretofore carried by teams.
In Xov., 1899, was reported to have leased for $4,000 a year the
Saratoga-Bchuylerville 12-mile branch of the Fitchburg RR. The
Terminal was expected to extend its line to Saratoga to connect with
this branch.
Officers—President, F. H. Beach; Secretary and Treasurer Geo.
A. MoOmber, Ballston Spa, N. Y. V. 67, p. 369.
1896
5g.
J-D
BALTIMORE, MD.
I
. .
was
BALLSTON TERMINAL RR.-A
AUGUSTA, ME.
POPULATION 1890 WAS 10,527;
AND IN 1870 WAS
in 1890
Population in 1897 by police census was 613,965. By
U. S. Census in 1890 was 434,439 in 1880 was
332,313; and in 1870 was 267.954.
Street Railways of Baltimore pay a Park Tax of 9 per cent of gross
tamings within old Oity Limits, and are required to pave between
tracks and two feet on each side.
;
UNITED RAILWAYS & ELECTRIC CO.
Page 13.) Trolley road.
OF BALTIMORE.— (See
Jlffflp
at Annapolis March 4, 1899, to consolidate the Baltimore Consolidated Railway Co. and the Baltimore City
Passenger Railway, which consolidation was effected the same day.
Comprises all the passenger railways in Baltimore City and Baltimore
County and lines extend into Anne Arundel County and Howard
Organization— Incorporated
County. Through the consolidation of the two roads named and
various prior consolidations with those roads, embraces the following:
Baltimore Catonsville & EUlcotts Central Railway Company.
Gwynn's Falls Railway of BaltiMills Passenger RR.
more City.
Baltimore City Passenger Ry. Co.
Maryland Traction.
Consolidated Ry. Co.
Baltimore
Curtis Bay Ry.
Pimlico & Pikesville RR.
Baltimore &
Baltimore Garden sville <fe Belair Shore Line Electric Ry.
Walbrook Gwy nn-Oak&Powhatan.
Electric Ry.
Baltimore & Northern Elec. Ry. Co.
Alfo 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 Hartford Turnpike and the Baltimore & Jerusalem Turnpike.
Organized by a syndicate headed by Alexander Brown & Sons, see
The United Electric Light &
Vol. 68, p. 230, and Vol. 68, p. 476.
Power Co., of Baltimore, comprising the electric-lighting plants of
Baltimore, acquired by the same syndicate, is a separate concern, but
in November, 1809, the United Rys. & Electric Co. issued 1 2,000,000
common stock in exchange for the $2,000,000 common stock of the
Light & Power Co. The latter also has $700,000 of cumulative 5 per
cent pref. stock and $3,227,000 30-year 413 per cent gold bonds (authorized Issue $4,500,000), besides $273,000 prior liens.
Date, interest. OutsCnd'g. Div.or Matu'y.
Bonds—
Stock
Common stock, $24,000,000,
par,$50
$15,000,000
Preferred,cum. , $14,000,000, ?
.
tat qar 5 June 15, '99
/t>d,dUb
^
par, $50
i4P.c.
S""
Inc.M.,g.,$i4,000,000,cum.,> 1899
4 g.
13,236,694
1949
tax free, Maryland Tr. Co. I Payable at option after March 1, 1929
1st con. M., g., *38.00U,000 ) 1899 4g.M-S al9,304,000 March 1, 1949
($1,000); Continental Tr. [-Interest at Alex. Brown & Sons, BaltiCo., Baltimore, trustee. c* J
more.
underlying securities.
Bait. Traction— Ut ($1,000) ) 1889 5
M-N 1,500,000 Nov. 1,1929
M., Tr. Mercantile Tr. & > Interest at National Mechanics' Bank,
Deposit Co
c) Baltimore.
Do Exten.&impJ$l,000)6s, >:1891 6g. M-S 1,250,000 Seiit. 1,1901
8, J
Int. at National Mechanics' Bk., Bait.
g. Trus., Mer.Tr.A D. Co.o 5
Do N. B. Dlv.lst ($l,000)5s, 1892 5 g. J-O 1.7.50.000 June 1. 1942
g.Tru8.,Mer.Tr.&Dep.Co.o ]
Int. at National Mechanics' Bk., Bait.
Do Collateral trust Ist M.,] 1895 5 g, J-J
750,000 Jan. 1,1900
.$750,000, $1,000, tax free, Int. at Alex. Brown & Sons, Baltimore.
gold, subject to call at 105. Trustee, Maryland Trust Co., Baltimore.
Do Conv'tlble g. bonds (not] 1896 5 g, M-N 551,000 May 1,1906
M.) $rOt),00 red. aft. May Trustee, Mercantile Trust & Deposit Co.,
Baltimore. Int. Nat. Mech. Bk., Bait.
1, 1901, at par ($1,000). .0* ]
&
...
,
STREET RAILWAYS.
12
MAP SHOWING THE CITY LINES
OF THE
UNITED RAILWAYS & ELECTRIC
SYSTEM
or BALTIMORE
CO.
STREET RAILWAYS.
HNDERLYiXG SECDKITIES (Continued).
Date, interest. OiUst'nd'ff. Div.or Matu'y.
Stock & Bonds—
City<6Suburba)iR!/.boncls— 11892 5 ?. J -D 3,000,000 June 1, 1922
let mortgage,
g.,
($1,000)
>
Int. at Alex.
Safe Deposit
Brown &
&
Sons, Baltimore.
Trust Co.. Bait., Tru.stee.
J- J
500,000 July 1, 1916
Balt.Oatonsv.aEllicotfs mils) 1896 5
1st M., $500,000 prin. g. .. ] Trustee, Safe D. & Tr. Co., Bait. Int. at
Natioual Mecliaiiics* Bk., Bait.
)
Lake Rolatid Elevated— lat 11892 5 g. M-S 1,000,000 Sept. 1, 1942
c*Ar s Int'st at Alex. Brown <fe Sons, Baltimore
M., gold ($1,000)
Pass.— Ist mort.,
c"
$1,000, gold
Ball. City
Baltimore
Oitti
Baltimore Trust & Guaranty Co., Trustee
1891 5g. M-N 2,000,000 Nov. 2, 1911
S Interest at Nat. Mechanics' B'k, Bait.
Safe Deposit & Trust Co., of Bait., Trustee.
I
Pass.—
Certs, of indebt., $500,-
1897 4i2g.M-N $500,000 Nov. 2,1911
M-N
632,000 May 1,1932
National Mechanics' Bk., Bait.
KOld (*l,000)
^ Mercantile Tr. & Dep.Co. of Bait., Trustee.
600,000 Mar. 1, 1932
Ext. and Imp. 1st mort., ) 1897 5g. M-8
$600,000, g., ($1,000) .. VTru.stee is Bait. Tr. & Guar. Co., Bait.
) Int. at National Mechanii s' Bk., Bait.
b Bait. Mid. Riv.ct Spar. PL—
5 g. J-J
300,000 July 1, 1925
1st Mtg., $300,000, gold > 1895
Trustee, Maryland Trust Co.
c* 5
($1,000)
* 1,250,000 Nor. 1, 1947
5g.
Bait. <C- yorth. Elec.—latM.,(lf^97
$1,250,000, geld ($1,000) 5 Maryland Trust, Baltimore, trustee.
a.rTr>« nnn
"°r*A\ *^°^'^°^'
..
)
[
1892 5g.
Int. at
•Of these only $11,000 are still outstanding; of the remainder
$1,111,000 have been canceled, having been exchanged for the United
Rai ways & Electric Co.'s 4 per cent bonds, while $128,000 are held in
the treasury of the latter to be exchanged at pleasure.
a Thi.s shows amounts authorized, less amounts reserved for underlying bonds, acquisitions, improvements, etc.
b In treasury of City Passenger Ry.. and mortgage will probably be
foreclosed and bonds canceled.
Securities- Of the $38,000,000 of 1st consolidated bonds, $18,000,000 were offered for sale in March, 1899, by Alexander Brown
Sons. Baltimore, Brown Bros. <fe Co., New York, Phil., & Boston, and
the Mercantile Trust <k Deposit Co., of Baltimore; of the remainder
$15,366,000 were set aside for the retirement of underlying securities,
and$4,634,000 will be reserved to provide for betterments, improvements, extensions and expenses of consolidation.
The plans originally provided for the issue of $14,000,000 of preferred stock, but it was arranged that at the option of the holders
the same could be converted into income bonds, bearing 4 per cent if
earned and payable at the option of the company after March 1, 1929.
The option of conversion has been exercised to the extent indicated
above.
Dividends.— Dividends of 13 of 1 per cent were paid June 15, 1899,
on both the income bonds and the preferred stock for the three months
ending May 31, 1899, the payment on the stock (but not on the bonds)
being subject to a deduction of one quarter of one per cent for taxes.
Road— Miles of track, 354'07; cars, 1,459, of which 1,143 motor
cars, 163 trail cars, and 153 grip and miscellaneous.
Earnings—The combined earnings and expenses of the constituent
companies for the 12 months ending Deo. 31. 1898, were: Gross earnings, $4,062,358; operating expenses, including taxes and licenses.
$2,304,826; net, $1,757,532. It is estimated that the net can be in
creased, however, to $2,608,000. Obligatory fixed charges will be
about $1,500,000.
The new management did not obtain control of the constituent
companies ior the purposes of operation until April 1, 1899. Gross
earnings for month of April, 1899, $341,340, against $313,038 in
April, 1898.
Directors—Alexander Brown, Henry A. Parr, Geo. R. Webb, Nelson Perin, Geo. C. Jenkins, Wm. P. Harvey, E. L. Bartlett, Col. Walter
&
S.
ration with $600,000 stock and $600,000 bonds. See V. 61, p. 795.
Nov., 1899, reorganization not y«t cempleted, but expected soon to be.
interest. Authored Outstand'g.
Maturity.
Bonds—
Stock
&
$200,000
8tock.$l00
F-A 200,000 200,000 Aug.l, 1909
1st mortgage, gold, 1889.. 6
The bonds have been in default since 1893. Of the total issue of
$200,000, $42,000 were exchanged for 5 per cent bonds of the Public
Works Company. Mortgage trustee International Trust Co. of Boston.
Road— Owns road in Bangor to Brewer, etc., 9^ miles in all.
Annual Report— For years ending June 30 earnings have been
1897.
1898.
1897.
Yr.end.Jane^O. 1898.
$1,660
$1,551
Gross earnings.. $65,291 $69,493 Deficit
10,449 Tot. def. Sept. 30 11,039
11,127
21,708
Net earnings
12,000
12,788
Interest, etc
Officers— President, C. F. Woodard, Bangor, Me.; Sec, Treas. and
Gen. Man., J. H. Cutler; Purch. Agent, J. W. Oartwright, Jr..— V. 61,
I
|
I
I
)
000, g. ($500 A $1,000). ) Interest at Nat. Mechanics' B'k, Bait.
68,000 July 1,1912
Oen/rai /ft/.-lst M.,$«00,-) 1882 6 J-J
000, sink, fd., currency... I Subj. to call at 100 1b certain am'ts y'rly.
Trustee Baltimore Safe Dep. & Trust Co. Int. at Nat. Meoh. Bk., Bait.
CO"^!''-,
13
Franklin and Seymour Mandclbaum.
Officers— President, Nelson Perin; Vice-President,
Walter 8.
Franklin; Gen. Manager, William A. House; Treasurer, Briggs C.
Keck; Secretary, H. C. McJilton.— V. 68, p. 185, i 30, 333, 476, 574,
Col.
620, 725. 1228; V. 69, p. 493, 744, 956.
BALTIMORE CONSOLIDATED
on page
RY.-r«ee Map
11.)—Trolley. Population in 1897 (local authority), 500,723_
Organization, Etc.— Now merged in the United Railways &
Electric Co. of Baltimore, which see.
^VASHINOTON WESTMINSTER
GETTYSBURG RAILROAD-To be a steam road.
&
See
p.
BANGOR ORONO
WAY—A trolley road.
OHQANIZATION—Thisoompany began operations in July, 1895. Its
Bangor Street Railway to a point on State Street,
and thence over its own line through the villages of Veazle and Orono
past the State College to Old Town, a distance of 1413 miles, 2 miles in
Bangor;
in
1897
total,
IQ^
miles.
& Bonds—
interest,
(hilstanding.
Maturity.
Date.
monthly
See text.
$100,000
Stock $125,U00(par $100) ....
125,000
1915
1st M., $125,000, gold.... 1895 6 g. semi- an.
37,500
BiUs payable J une30,'98.
Dividends— From April 20, 1896, to June 30, 1898, 1 p. c. monthly;
In 1897-98, 8 p. c.
Earnings- Year ending June 30, 1898, gross, $63,676; net over
taxes, $6,695; Interest, $8,984; dividends, $12,000; bal., deficit, for
year. $10,290. In 1896-97, gross, $65,749; nee. $22,000.
President. A. F Gerald, Fairfield, Me.; Treasurer, I. C. Llbby; Superintendent, I. L. Meloon.
Stock
PENOBSCOT CENTRAL RY.— To be an electric road.
Organization- Incorporated in Dec, 1896, to construct from Bangor to Charleston and Kenduskeag to Garland, Me. Stock, $250,000;
par, $100. Bonds are gold 5s, dated July 1, 1898, redeemable after 5
years at 102; $150,000 reported issued In Noveml)er, 1899.
Road— Bangor to Charleston and Kenduskeag to Garland, 40 mllee,
of which Bangor to Charleston, 26 miles, graded Nov., 1899, and 20
miles of track laid, Bangor to East Corinth. The latter piece has no
been opened for business as yet, although the company is hauling
freight daily over the road. Patton gasoline motor system to be used.
Officers— Pres. and Gen. Mgr., F. O. Beal; Treas., F. H. Small;
Clerk and Legal Adviser, H. M. H^ath. Augusta, Me.
BARRE, VT.
POPCLATION 1890 WAS 4,146;
IN
1880 was 1,025.
BARRE & MONTPELIER TRACTION
AtroUey road.
PO^VER CO--
&
&
Date, interest, Outstand'g. Maturity.
Bonds—
Stock
Stock, $135,000, par $100
$120,000
M., gold, $100,000 ($500 ^ 1897 5 g.M-N
1st
100,000 Nov. 1, 1917
each), not subj. to call..o* <Int. at Am. LoandsTr.Co., Boston, Trust.
Floating debt Jan. 1, 1899, was $25,000.
Road— Barre to Montpelier, Vt., 9^ miles, opened about June, 1898.
President, F. C. Kennedy, Burlington, Vt.; Sec, H. K. Bush, Barre, Vt.
BATH, ME.
POPOLATION 1890 WAS 8,723 IN 1880 was 7,874
AND IN 1870 WAS 7,371.
;
BATH STREET RAILWAY.-A trolley road.
Organization— Chartered May 5, 1891. Franchise perpetual. On
July 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.
&
—
Date,
interest. Outstand'g.
Matur'y.
Bonds
Stock
Stock au. $300,000, par,$100
$100,000
Text.
Istmort., $300,000, gold.. ..(1893 5g. J-J
July 1,1913
70,000
0*) Subject to call after July 1, 1898.
$1,000
Interest Is payable at American Loan & Trust Co., Trustee, Boston.
Dividends— In 1894-95, 3 p. c; in 1895-96. 413 p. 0.; 1896-97, 312 p. c.
In 1897-98. 2^ p. c; in 1898-9, 4 p. c
4J&J
of Bath, Me.
BAY
Population 1890 was 19,103; in 1880 was 16,856
AND IN 1870 was 18.289.
Organization— Incorporated
OLD TOWN RAIL-
Road— Bath to Winnegance 414 mile; rails 48 lb. t. Cars, 8.
Officers— President, G. C. Moses of Bath, Me.; Treasurer, C.C. Low.
BANGOR, ME.
BANGOR HAMPDEN
&
oars run over the
Investors' ScprLEMENX for July, 1898.
RAIL"WAY— To be a trolley road.
795.
& WINTERPORT
to build a road
from the south
Hampden to Winterport. Bonds, 1st mortgage, dated 1897, $300,000 ($1,000 each), 5 per cent, due Sept. 15,
1917, Old Colony Trust Co., Bo.ston, trustee; »40,000 outstanding in
Sept., 1S98. Stock, $500,000; outstanding, $60,000. Entire projected
line, 54 miles; of this Bangor to Hampden 613 miles, operated in 1898.
Hampden to Winterport and Frankfort, about 10 miles, was expected
to be built in 1899. President, H. L. Mitchel Treas'r, C. D. Stanford.
line of Bangor through
;
BANGOR STREET RAILWAY.— An
electric road.
Organization— Organized Oct., 1889. The now bankrupt Public
Works Co. was formed by the union of the Street Railway Co. and the
Bangor Electric Light & Power, Penobscot Water Power and Brewer
Water companies. F. A. Wilson, of Bangor, Maine, Hon. A. P. Wlswell,
of Ellsworth, Maine, and Charles A. Stone, of Boston, recommend
consolidation of the several companies above named Into a new corpo<fe
CITY, MICH,
POPULATION 1890 WAS 27,839; IN 1880 WAS 20,693;
AND IN 1870 WAS 7.064.
A
BAY CITIES CONSOLIDATED RAILWAY-
trolley road. Combined population of teiTltory supplied in 1898
(estimated) about 45,000.
No coupon on the $381,000 Ist consols has been paid .since that for
Sept. 1, 1895. The bondholders' committee, of which M. P. Heraty is
Chairman, represents about 80 per cent of the outstanding issue. The
comuiittee states that a largo oxpoudlture of money is necessary to
make needed improvements. As the stockholders are unable to supply
this money, it will have to be furuished by the bondholders, either
through the further surrender of coupons for a series of years or by
direct coiitriliution. The committee .says the mortgaged property can
ultimately be made valuable, but drastic measures, it thinks, may be
necessary.
Receivekship.— In July, 1899, the property was placed In the hands
of M. P. Heraty of Philadelphia and J. C. deadlock of Bay City, as receiver*.— V. 69, p. 128.
;;
-
STKEET RAILWAYS
14
MUes. Date. Interest. Otifstand'ff. Maturity.
fTOCK & Bonds—
took (par $100)
$950,000
Bay City l8t mortgage
119,000
6
Mar.1,1918
Bay Cities consol. 1st J
18936gM-S
381,000
con M.$500,000,g.c.
mort.p $50,000
Tri.end.June 30. Oross.
1898-9
$30,656
1897-8
24,958
1896-7
26,383
Trustee, Phila. Securities Co., Pliila.
1906
1896 6 M-9
$50,000
Trustee, Phila. Securities Co., Philadelphia.
Latest Earnings— 7 months, ) 1899... Gross, $49,589; net, $13,289
Jan. 1 to July 31.
48,625; net, 15,911
J 1898... Gross,
New
Officers—President.
I
For the 12 mouths ending Deo. 31, 1898, gross income, $87,802; net,
'828.900. In 1897 gross income, $81 ,449: net, $27,000. In 1896 gross
Income, $90,552 net, $29,939.
Road— Owns 25 miles of traclr (length of line 17 miles).
Officers— President. Michael P. Heraty, Phila., Pa.; Gen. Manager,
E. S. Diiumock; Auditor, W. W. Dimmock; Supt., William Luxton.— V.
68, p. 473 V. 69, p. 128.
;
BEATRICE, NEB.
POPCLATION 1890 WAS 13.836; IN 1880 WAS 2.447.
BEATRICE ELECTRIC COMPANY.with authorized
ORQANIZATION— Incorporated
November, 1895,
in
capital stock $100,000, to acquire the property of the Rapid Transit &
Power Co., 1^ miles of track, foreclosed July 26, 1895 (V. 61, p. 195),
the Beatrice Electric Light Co. and also water-power facIlltieB.
Funded debt $60,000 of 6 per cent bonds due in 1915. Operates 7
of trolley.— V. 61. p. 195; V. 69, p. 78.
Receivership.— lu July. 1899, Eugene J. Sullivan was appointed
receiver.
Officers— President, D. W. Merron; Secretary, E. J. Sullivan; Treasurer, Paul
W. Horbach.
FALLS, PA.
In
Ry. Co., purchased Aug.
St.
under 999-year
8,
St.
29, 1891,
Pass. Ry. Oo. and of Central
1891, operating
them as one road
lease.
In July, 1899, a syndicate was said to be negotiating for control.
Maturity.
Date, interest. Outstanding.
Bonds—
$300,000f.p
Stock ($300,000) par $50
Julyl, 1911
150,000
Ist mortgage, $150,000, J 1891 6g.J-J
gold
( Int. at Union Trust Co. trustee, Pittsb'g, Pa.
Oct. 1. 1915
2dmortgage.gold,($500). < 1895 6 g. A-O
79,000
o*i/n<. at Union Trust Co., <rus<ee, Pittsburg.
$100,000
BlllspayableJuly 1, 1898
29,299
Road—Owns 6H miles of track and leases 6'6 miles owned bv the
companies whose stock It holds. Rail 45 to 72 lbs., girder and T'
Earnings— Year ending June 30, 1898: Gross, $69,977; operating
expenses, $41,533
net earnings, $28,444 taxes, $2,819 interest,
$15,412 balance, surplus for year, $10,213. Calendar year 1897,
gross, $68,555; net, $30,576; taxes, $2,637; interest, etc., $17,773;
net, $10,166.
Officers— Annual meeting first Monday in February. President,
J.M. Buchanan; Secretary, H. P. Brown; Treasurer. S. P. Stone.
&
Stock
sur.$7,228
sur.1,217
6,863
def.787
Sec. and Treas., C. H. Prescott.
E. H. Banks:
N. Y.
BINOHAMTON RAILROAD-A troUey road.
11, 1892. Formed in 1893 by conthe street railways in the city.
Date,
interest. Outstanding.
Stock
Maturity.
Bonds—
Stock, $900,000, par $100
$396,370
Bing. Street RR. 1 at
.
1 890
6 A- O
200,000 Apr. 1, 1910
Binghamton RR. Co. M.,
50,000
1908-1917
$900,000, g. $1,000. .c*
($5,000 due yearly Mar. 1.)
(See text) Interest at At- ^1893 5gJ-J
50,000
1918-1922
lantic Trust Co., N. Y.,
($10,000 due yearly Mar. 1)
Organization— Chartered August
solidation of
all
&
M
.
Bing. Lest. & Un. 1st M.
gold, prin. and int. guar.
>
S
$500,000 due Mch. I, '23
5 g J-D
$125,000 June 1,1925
^___,..,
Interest at Atlantic Trust, New York.
1895
,
Binghamton Trust Co.. trustee.
Of the bonds of iSqs, $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 be 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.
Latest Earnings— 9 mos.,) 1899
BEAVER VALLEY TRACTION-A troUey road.
perpetuity June
and owns
entire capital stock of Beaver Valley
$7,047
7,009
Road—Operates 36 miles of track, including the Binghamton Lestershire & Union Railroad, 7 miles long, opened in 1896.
Population 1890 was 9,735; in 1880 was 5,104;
AND IN 1870 WAS 3.112.
Organization- Incorporated
Balance
Interest, etc.
BINGHAMTON,
Is
BEAVER
Net.
$14,275
8,227
6,076
Population 1890 was 35,005; in 1880 was 17,317;
and in 1870 was 12,692.
;
Meet.
;
.
Gross, $125,244; net, $44,621
Jan. 1 to Sept. 30.
Gross, 122,481; net, 53,154
S 1898
Annual Report— Figures for years ending September 30 were:
Tears end. Sept.ZO— Oross.
Net.
Int., taxes, etc. Bal.,sur.
1897-98
$160,061
$70,504
$52,881
$17,623
1896-97
146,574
60,616
45,492
15,124
1895-96
141,339
62,326
40,285
22.041
Officers—President, G. T. Rogers; Vice-President, J. B. Landfleld;
Secretary, J. M. Johnson Treasurer, John B. Rogers General Manager and Purchasing Agent. J. P. E. Clark. Office, Binghamton, N. Y.
(V. 61, p. 151; V. 62, p. 360; V. 63, p. 878.)
;
;
—
,
;
;
;
;
BIRMINGHAM, ALA.
Population 1890 was 26,178
;
and
in 1880
was
3,086.
BIRMINGHAM RAILWAY & ELECTRICsyndicate
In August, 1899, a
headed by James T. Woodward, President of the Hanover National Bank of New York, obtained control.
In Sept., 1899, company acquired the entire capital stock ($50,000) of
the Birmingham Traction (after the latter had previously secured the
dummy line of the Highland Avenue Belt RR.) thus bringing under
one control all the street railways of Birmingham and vicinity V. 69,
p. 590.
BELLEVILLE,
BELLEVILLE ELECTRIC RAILWAY
and ex-
&
Miles. Date, interest. Outstanding. Maturity.
Bonds—
Stock
Stock, .^300,000
$100,000
1894 6 g J- J
100,000 Jan. 1, 1909
M., $300,000. gold
Interest at the American Trust & Savings Bank, Chicago, 111.
Road— Operates 5^2 miles of road in BellevUle.
Officers- President, John A. Day; Vice-President, Henry A. Kircher;
Secretary and Treasurer, George Gauss.
BENNINGTON, VT.
Population in 1890 was 3,971; Estimated Local
Population in 1896 was 7,000.
BENNINOTON & WOODFORD ELECTRIC
RAILWAY.— A trolley road.
Organization, Etc.— Chartered Nov. 28,1894; operated from July
27, 1895. A summer road, and Included in plant are a power house, theatre and other buildings and lands, representing $22,500 of the capitalization. Stock, $100,000, authorized; Issued, $55,000. Bonds, authorized, $100,000. Dividends on stock In 1897, 9 per cent.
In April, 1899, E. D. Bennett, Superintendent of the Bennington &
Rutland, was appointed receiver. The road was badly damaged by
freshets in October, 1898, and has not been in operation since then.
Road— From Bennington & Rutland RR. depot, Bennington, to
Glastonbury, 9 miles. Also proposed in streets of Bennington and from
Bennington through North Bennington to Hoosiok, N. Y.— V. 68, p. 870.
BIDDEFORD. ME.
Population 1890 was 14,443
AND
in 1870
;
WAS
in
M. gold, $1,250,000,
1890
5g. J - J
of track in
Was sold at foreclosure July 31,lh99, for $176,000 to Elmer E.
Whitaker. of New York, and divided into two parcels. The Birmingham Traction acquired the steam-dummy line (7 miles), and a new
company known as Biimingbam Belt RR. Co. with J. B. Cobbs as
President secured the belt freight line.— V. 64, p. 707; V. 69, p. 283i
541, 590.
BIRMINGHAM TRACTION.-A
trolley road.
In 1890 the Birmingham Railway & Electric acquired the entire
capital stock, $50,000.
Organization- A reorganization of the East Birmingham Land <fe
RaUroad, sold in foreclosure May 31, 1897.—V. 64, p. 843. Length of
road, 7 miles; branches, (North Birmingham Street RR.) leased, 3*75
miles; total, 10*75 miles. Transformed from steam to electric road in
1898. Tlie company in 1899 also acquired the steam-dummy line (7
miles) of .the Highland Ave. & Belt RR. recently foreclosed.
Date, interest. Outstanding. Maturity.
Bonds—
Stock
l>-99 5 g. F&A
$500,000
1919
Ist M. gold, $500,000, 5
temporary mort
I City Trust Co. of New York, Trustee.
&
69, p. 491,590.
1880 was 12,651
BLOOMINGTON,
10,282.
&
Notes payable June 30, 1898
)
HIGHLAND AVENUE & BELT RAILROAD
—V.
19, 1887. Owns 57 miles road
mile sidings) between Saco, Biddeford and Old Orchard Beach.
fnCst. Outstand'g. Maturity.
Date.
Bonds—
Stock
$40,000
dtook (par $50) ($100,000 auth.)
1888 6 J- J
90,000
1908
atlstNat. Bk., Biddeford, Me.
25,300
^mt
Maturity,
$500,000
•
03
J
Outstanding.
—Uses dummy engines. Formerly operated about 28 miles
Birmingham with 13 passenger cars and 7 engines.
ILL.
Population 1890 was 20,484 in 1880 was 17,180
AND in 1870 was 14,590.
;
Organization— Incorporated Feb.
,. mortgage ($90,000;
^„a„„r*Qnnftni
l8t
interest.
;
BIDDEFORD & SACO RR.—An electric road.
(and
Date,
$100
1,000,000
1,250,000 July 2, 1920
$1,000
J Interest at Central Trust Co., New York.
Mortgage trustee is Birmingham Trust & Savings Co.
Road—In 1899 was operating 63 miles of track in city of Birmingham and extending also to Bessemer, Pratt City and Ensley; steam, 22
miles
electric, 41 miles.
Rails 40-56 lb. T and 58 lb. girder.
Officers— President, A. M. Shook; Vice-President, Robert Jemison,
and General Manager, J. B. McClary.— V. 69, p. 333, 590.
1st
;
in Belleville
Bonds—
stock, par
Pfd.sfk,6p.c.cum.,par$100
Population 1890 was 15,361 in 1880 was 10,683
AND IN 1870 WAS 8.146.
Organization —Organized in 1893 to operate
tend to East St. Louis, a total of 14 miles.
&
Stock
Common
ILL.
BLOOMINGTON & NORMAL STREET
—A
RY-
trolley road.
Organization— Incorporated in June, 1898, as successor of Bloomington City Ry.,;foreclo8edand sold May 31,1898.— V. 66, p. 1088, 1187.
STREET RAILWAYS.
Stock
&
Date,
Bonds—
interest.
Outst'd'p.
Maturity.
M.,$250.000($500 &$!,-[ 1898
000)(>ubj to call af. 10 yrs. )
5g. J-J
250.000 July
1,
1923
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 owTied one-half by A. E. DeMange and local
associates, and one-half by John Graham of the Wilkesbarre &
Wyoming VaUey Traction, Wilkesbarre, Pa., and Judge Biddle of
Carlisle, Pa., and their associates.
Int. at
Road— 13
Stock and Bonds—
Date.
\^aQ^^
^*" '
Gold bonds of 1897,
$250,000
Stock, $250,« 00; par, $100
Bloomineton & Normal 1st
15
miles of trolley track.
Officers—President, A. E. DeMange, Bloomlngton; Vice-President,
John Graham, Wilkesbarre, Pa.; Secretary, Willis E. Gray; Treasurer,
J. F. Evans.-V. 66, p. 1088, 1187; V. 67. p. 318.
Road— Sept.
30, 1898.
In addition to regiilar street railway taxes the company
"'g
of
all lines owned, leased or operated by it
1 per cent of gross income and a sum equal to the excess of 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 Mass. RR. Commission, V. 65, p. 1223.) In August,
1898, tbe plans had been 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 much
of the structure will be completed before 1 900.
Lease of West End.— The West End Street Ry. is leased until Jane
10, 1922, at 7 per cent per annum on its common and 8 per cent on
pay on
the preferred stock, in addition to all interest, rentals, etc. Possession of West End was taken Jan. 1, 1898. See lease In V. 65, p. 1223.
Cost—Engineer Kimball (of the company; estimates the average
cost per mile of construction, including foundation, rails, &c., but not
Including stations or electrical equipment, at $296,949, and the total
cost of construction covering a distance of 10*29 miles is figured at
$3,055,605; equipment, terminals, stations, etc., at $3,890,000; land
damages at a maximum of $5,039,786, minimum estimate $3,120,491.
Stock— Capital stock is $10,000,000 (shares $100), on which In Kov.
1899, $50 per share had been paid in, represented by receipts, no certificates having been Issued. (V. 66, p. 38.) First dividend, 2^4 percent,
was paid August 15, 1898.— V. 67, p. 221. In 1899, January, 2H p. c.
was paid and In August 3 p. c.
The company has no
direct bonded debt.
Annual Report— Report of Boston Elevated By. for year ending
Sept. 30, 1898, V. 67, In p. 1107; V. 68, p. 279, compared with those
of West End Street Ry. for 1896-97, shows earnings as follows
:
Passengers carried
181,321,295
32,209,150
$9,179,096
2,612,512
78,156
Car miles run
Gross earnings
Net earnings
Interest on deposits
Total net
Deductions
End debt
Taxes, West End
Taxes, Boston Elevated
Compen sation tax
Rental of subway
Dividends on West End stock.
Other rentals
Balance
Dividend 2^4
n.c.
Boston Elev.
Surplus for year
Officers— Chairman
$8,719,031
2,505,323
1895-96.
166.862,288
25,841,907
$8,341,958
2,007,339
29,9,'>3,591
$2,503,323
$2,007,339
$498,600
435,860
86,049
80,317
106,134
$493,219
372,460
$438,750
1,147,950
9,180
1,193,375
14,695
1,147,950
11,952
$326,577
112,500
$431,572
$64,789
$2,690,668
—
Interest on West
1H96-97.
172,554,513
343,>!98
$214,077
of Board, William A. Gaston; President, Wil-
liam A. Bancroft; Treasurer, William Hooper; Secretary, John T.
Burnett; Auditor, H. L. Wilson. Annual meeting is held the first Monday of January.
Directors—William A. Gaston, F. H. Peabody, Jacob C. Rogers,
William S. Spaulding, Samuel Carr, Frederick Ayer, Charles J. Paiue,
James M. Prendergast, T. Jefferson Coolldge, Jr., W. A. Bancroft,
Robert Winsor, Horatio N. Slater.*— V. 67, p. 221, 318, 528, 1 107; V.
69. p. 25, 1010.
-
Died August
12, 1899.
Companies Controlled by Boston Elevated RR. Co.
(1)
WEST END STREET RAILWAY— A trolley road.
to Boston Elevated RR. until June 10, 1922,
»t 7 per cent per annum on common and 8 per cent on the preferred
shares of the West End Co. in addition to the payment of its rentals,
interest and other charges.
Boston Elevated assumed possession
Jan. 1 1898. See terms of lease in V. 65, p. 570.
In December, 1896. leased the right to use the subway at 4''8 per cent
of the net cost of subway, stated approximately as $5,7b6,000 in
September, 1898, when the third and last section was opened. Entire
length Is 123 miles, with a trackage of about 5 miles. See V. 63, p.
1065, 1117; V. 67, p. 528.
Date,
Outstand'g l,astdiv.,die.
interest.
Stock AND BondsCommon stock ($W)
7
A.-O. $9,085,000 Oct. 2,'99,3>«
Preferred stock (par $50)
8
J. -J.
6,400,000 Julv, '99, 4%
Gold bonds of 1892
1892 5 g. M.-N.
3,000,000 Nov. 1, 1902
Gold bonds of 1894
1894 4>2g.M.-S.
2,000,000 Mch. 1, 1914
Organization— Leased
,
^%2filV:^0%olmon..
\
1896
4
g.
M.-N.
815,000
May
MiUi.
314
70 to 100
02 1
,
5
316
300
lbs.
1026, 1073, 1223; V. 66, p. 38, 80; V. 67, p. 905.
MALDEN & MELROSE ST. RR.—
to West End Street Railway; owns 6"78
Capital stock, $200,000; par $100; no funded or float-
Organization—Leased
miles of track.
ing debt.
RR-Owns
804 miles of track. Leased
(3) SOMERVILLE HORSE
to West End Street Railway for $9,180 yearly, 6 p. c. on $1 53,000
stock. Dividends are payable (M&N) in Boston.
MASSACHUSETTS
transfers.
1897-98.
J.--D.
J. -J.
158 Trackage
120 Total operated Sept. 30, '98
36 Electrically equipped
rail is
N DEX— V. 65, p. 1
(2)
by the
OrQANIZATION— The bill ohanerlng
Governor of Massachusetts June 10, 1897. A portion of the elevated
road must be built within three years (see V. 64, p. 329) upon the locations originally asked for, and thereafter the Aldermen may grant
additional locations. The bill provides for an extensive system of free
to
5
5
5
5
Miles.
Mainline, 1st track
2dtrack
do
Sldlng8,&o
I
BOSTON ELEVATED RR.this company was signed
Is
4g. F.- A.
M
Weight of girder
POPCLATION 1890 WAS 448,477; IN 1880 WAS 362,839;
AND IN 1870 WAS 250.526.
Outstand'g Lasldrr., de,
$2,700,000 Feb. 1, 1917
500.000 Dec. 15, 1903
200,000 July 1. 1904
1882
M. -N.
300,000 May 1, 1902
Highland St., plain
J. -J.
500,000 Jan. 1, 1907
Bo-ton Consol. St. plain... 1887
1883 5
M. -N.
200,000 May 1, 1905
South Boston, plain
1883 5
A. -0.
420,000 Apr. 1, 1903
Cambridge 1st M*
1884 5
A. -0.
150,000 Apr. 1, 1904
Charles River 1st
•Cambridge bonds are redeemable $30,000 yearly at 105.
Interest Is payable in Boston by the American Loan & Trust Co.
except on Cambridge 5s payable at New England Trust Company.
$2,700,000 not mort. c J
Metropolitan RR. (plain).. 1883
1884
Middlesex RR. (plain)
Total owued
BOSTON, MASS.
Interest.
1,
1916
ELECTRIC
NIES.— Electric light and street railways.
COMPA-
Organization- Formed in May, 1899. Is not an incorporated
company, but a voluntary association managed by a board of fifteen
trustees, who hold the title to its assets. Messrs. E. Rollins Morse &
Bro. and Tucker, Anthony & Co. of Boston, who promoted the combination, in June, 1899, in ofl^ering some of the stock for public subscription [f 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 controlled.
For details regarding their
earnings and condition, see statements below.
Beverly & Danvers,
Nashua Street Railway,
<fc Brockton,
Bralntree Street Railway,
Needham & Boston,
Digliton SoniCi'set & Swansea.
Globe Street Kdilway (Fall River),
Gloucester Essex & Beverly,
Gloucester Street Railway,
Gloucester & Rockport,
Hyde Park Electric Light Co.,
Lowell Lawrence & Haverhill,
•Lowell & Suburban,
North Woburn Street Railway,
Providence & Taunton,
Quincy «fe Boston.
Reading & Lowell,
Rockport Street Railway,
Salem & Wakefield,
Taunton & Brockton,
Taunton Street Railway,
Boston Milton
Newport & Fall River,
Brockton Bridgewater & Taunton, Newport Street Railway,
Brockton Street Railway,
Newport Illuminating Co.,
Hrockton * East Bridgewater,
Norfolk Central,
Dighton Rock Park Ci>rporation.
Nortolk Suburban,
Lynn & Boston,
Wakefield
&
.^toneham.
West Roxbury & Roslindale,
Mystic Valley,
Woburn & Reading.
Under contract to lease.
The foregoing comprise electric street railway lines in Eastern Massachusetts and Rhode Island. The companies given cover the greater
*
part of the street railway mileage north of Boston as far as Nashua,
N. H., and Newburyi)ort and Gloucester, Mass., and south as far as
Fall River, Mass., and Newport and Providence, R. I., connecting directly with the street railway system of Boston. Various electric
ligh ing companies doing business in the same section are also included. It is stated that "the majority and In most instances practically all the stock" of the companies in the above list is held.
Stock
Bonds.— The association has no direct bonded debt. Its
share capital is represented by certificates of participation, which
will give the owners a proportionate interest in the shares held by
the trustees. The prospectus says: "Thf se certificates will represent
practically the entire capital stock of the above-named coil panics, as
well as sufficient cash to take up the floating debts and provide needed
improvements." Both clasres of shares are reported exempt from
taxation in Massachusetts.
Date.
Rate.
Outstand'g. Dividends.
Common.par $100 ($12,000,-^
$12,000,000
&
"^
000)
r^3^"''!^.' '•"''?:
12,000,000 Dec.l ,'99,20/,
]
Earnings.-Net income of properties absorbed
for latest
completed
payment of charges, is reported $733,233. For
August 31 gross earnings are given as $2,496,503 in
fiscal year, after
six
months
to
1809, againi-t $2,254, S28 in 1«98.
Plant.—Thirty-four companies are controlled. The street railways
have 647*41 miles of track, and own and operate 1,426 cars, of which
618 are clo.ied and 8u8 open oars; power stations, 18, with a capacity
of 28,423 horse-power.
Dividends— First dividend on preferred stock, namely, 2 per cent,
will be paid Dec. 1, 1899.
Officers.— President. Amos F. Breed; Vice-President, Charles E.
Getting; Secretary, Everett W. Burdette; Treasurer, J. H. Goodspeed, Gen. Man., P. F. Sullivan.
Executive Committee: Messrs.
Gordon Abbott, Charles Francis Adams, 2d, E. N. Foss, Percy Parker and Philip L. Saltonstall. Office, 15 Kilby St., Boston.— V. 68, p.
977, 1226; V. 69, p. 80, 333, 704, 955.
Companies Controlled by
(1)
ftlasitnchUBettn Electric
Companies.
BEVERLY & DANVERS STREET RAILWAY. -Electric.
Controlled by Massachusetts Electric Companies through Lynn and
Stock, $12,000; bonds, $40,000; miles of track, 4»fl.
Boston RR.
(V) BOSTON MILTON & BROCKTON.— A small electric road now
building and controlled by Massachusetts Electric Companies. Stock
$40,000; loans, $34,000. In July, 1899, authority was given to
increase stock to $80,000 and issue $100,000 of bonds.
::
r-*
4
STREET RAILWAYS.
]6
(3)
::
BRAiyXREE STREET RAILWAY.— A trolley
GENERAL BALANCE SHEET
road.
(Acquired V)y the Massachusetts Electric Companies.
Organization—Chartered in 1893.
October 1, 1898, stock authorized was $200,000; stock outstanding,
$100,000 (including $30,000 increase in February, 1898); bonds, $35,000, first mortgage ($500 each) 6s, dated July 25. 1894, due July 25,
1914; loans and notes payable, $13,000. Owns 1117 miles; sidings,
0-54; trackage 3*09 mile.
Earnings— For year ending Sept. 30, 1898, gross, $15,114; net,
SEPT. 30, 1898.
Assets
Construction
Liabilities.
Stock
Equipment
Other property
Cash and current assets
Total
lt<,485
$700,000
Funded debt
Uuf uuded debt,
Profit and loss
$1,622,483
337,179
235,021
1,425.000
70,926
17.242
etc
Total
$2,213,168
$2,213,168
GLOUCESTER STREET RAILWAY.—A trolley
(9)
roal.
Has passed into control of the Massachusetts Electric Companies.
Organization—Incorporated December 29, 1885.
interest.
Outstand'g. Divid's, etc.
Date,
Stock & Bonds—
$9,131; charges, $4,360; dividends, $4,085; balance, surplus for year,
$686. In 1895-96,gros3, $30,138; net, $9,227; charges, $2,888; surplus for year, $6,339.
Stock, par $100
(4) BROCKTON BRIDGEWATER & TAUNTON STREET RAILWAY.— A trolley road. Now part of Massachusetts Elec. Companies.
1887
Ist mortgage
[All interest is payable at American
Unfunded debt Sept. 30, 1898
Organization, Etc.— Organized in 1880. Road opened June 14,
Capital stock, $225,000. The first mortga ge is for $200,000 5 per cent
20-year gold bonds, $1,000 c*, due Aug. 1, 1917; interest F.& A., at
American L. <fe T. Co., Boston, trustee; issue authorized for building
and equipping road.
Road— Owns 2200 miles of track mostly 56-lb rail 24 cars. Extension proposed to New Bedford, Mass.
Earnings year ending Sept. 30, '98, gross, $71,277; net, $29,674;
charges, $19,660; div. paid (3 p. c), $6,750; bal., sur., $32,64.
;
BROCKTON & EAST BRIDGEWATER STREET RAILWAY.—
(5)
A
Commenced operation July
1897; owns line
4-26 in length; sidings, -17; trackage, 496; total, 9 39. Stock, $50,000,
full paid. Bonds, lat 20 year gold 58, $30,000, due Feb. 1, 1918
interest F.&A. at Amer. Loan & Trust Co., Boston, Trustee. Year
ending Sept. 30, 1898, gross, $18,428; net, $3,961. Now controlled by
road
trolley
Massachusetts Electric Companies.
BROCKTON
STREET RAILWAY.-A troUey road. Has passed
(6 )
into the possession of Massachusetts Electric Companies.
Organization-Incorporated in 1880. A consolidation of the
Brockton Street Railway, East Side, Brockton & Holbrook and Whitman street companies.
Dale. Interest. Oulstand'g. Maturity.
Stock
Bonds stock (par $100)
6 Q-J $596,000 jLayl'99,ll3
Brockton St.Ry. bonds. )
1885 4>2A-0
10,000 Apr.1,1905
Bonds
1886 41^ A- O
27,000 Apr.1,1906
1^
&
Bonds
$180,000
See text.
60,000 Apr. 1,1907
Loan & Trust Co., Boston.]
75,500
Dividends in years ending Sept. 30, 1892 to 1895 inclusive were 3
per cent per annum; in 1896 paid 6 p. c; in 1897, 6 p. c; in 1 898, 6 p. c.
Road— Owns 10 mUes of track and has i« mile sidings, etc.; lease
Gloucester & Rockport (rental, $1,800), 1^2 miles.
Earnings- For year ending Sept. 30 the earnings have been:
1898.
1897.
1898
1897
Gross earnings $70,.571 $66,398 Balance for divs.$l 1,567 $16,435
10,800
23,184
27,765 Div. paid
10,800
Net
767
11,329 Bal.,sur. for year
Inter.,taxe8, etc. 11,617
5,635
1890 412A-O
1892 5 g. J - J
(1894 5g.A-0
5M-S
I
|
I
|
(10) GLOUCESTER & ROCKPORT STREET
Leased to Gloucester Street Ry. Stock, $30,000.
3.
;
See below.
(
U
Loans, $10,000.
GLOUCESTER ESSEX & BEVERLY RR.— An electric road
)
In May, 1899, pui-chased by Massachusetts
opened Aug. 21, 1895.
Electric Companies.
Stock
RY— Electric.
&
Bonds—
Date,
Stock (par $100)
Bonds,$125,000($l,000)
)
1896
S
gold, o*
Int. at
Loans payable(Oct.l,'98)
Dividends—In 1895-6, 4
—
pjQ^Q Owned Oct. 1,
Biding; trackage, -21.
interest.
Outstanding.
5 g J-D
$250,000
125,000
American L. AT.
Maturity.
See text.
Dec. 1, 1916
Co., Boston, trustee.
$30,000
c; in 1896-7, 2 p. c; in 1897-8, 3 p. c.
1898, 22-50 mUes of main track and -62 mile Of
p.
Earnings— For year ending Sept. 30, 1898, gross, $59,036; net, $22,639; charges, $11,043; dividends, $7,500; bal., surplus. $4,096.
(12)
LOWELL LAWRENCE & HAVERHILL STREET BAIL-
WAY— A trolley road.
37,000 Apr.1,1910
Organization-Chartered April 29, 1892. Controlled by Massachu16,000 Jan. 1,1912
660,000 Oot. 1,1924 setts Electric Companies.
Brockt.(Con8ol.)St.Ry.
< Subject to call at 105 and interest.
Outstand'g.
^ate. interest.
Maturity.
IstM. $750,000 g....
Bonds-Stock
i Int. at State Sc. Safe Deposit & Tr. Co.
See text. $1,500,000 f. p. Oct. 1, '99,1
Stock, $1,900,000 ($100)
Loans and bills payabe Oct. 1, 1898, $150,128. Real estate mortp.c.pd.)
20,000
do $400,000(5
350,000 Apr. 1, 1911
Merrimack VaUey Streets 1891 5g.A-0
gage outstanding, $7,700.
Railway 1st mort. gold. < Interest at Inter Tr. Co.. trustee, Boston.
Road— Operates line 37 16 miles in length In Brockton and suburbs Lowell Law.& Haverhill ( 1893 5g.J-D
$1,030,000 June 1, 1923
extending to Avon, Randolph, Holbrook and Whitman, etc.; second
consol. M., $1,900,000, Subj. to call for the sink. fund, at 105 &int
C Interest at Am. L. & T. Co., trustee, Boston
gold, $1.000
track, 6-20 miles sidings, 1-92 miles total track, 45-28 miles.
St. Ry. of AmesDividends—Th.Q road has paid dividends uninterruptedly since 1882; People's Mass, 1st mort$64,000
bury,
rate 1892 to 1896 inclusive was 6 p. c; in 1897, 6 p. 0.; in 1898, 6 p. c;
gage bonds, assumed. t
in 1899. Jan., li^; Apr., II3; July, \^.
Consols of 1893 are reserved for Merrimack Valley bonds when due.
Earnings— For the years ending Sept. 30 earnings have been
Dividends.— In 1897, July, 1 p. c; Oct., 1 p. c; in 1898, April, 1 p. c
Years ending Sept. 30—
1897.
1898.
1896.
July, 1 P c.; Oct., 1 p. c; in 1899, Jan., 1 p.c; Apr., 1 p.c; July, 1 p.c
Road operated, miles
37-16
34-89
34-89
Oct. 1, 1899, 1 p. c.
Passengers carried
6,787,425
6,676,255
6,227,923
Gross earnings
Road— Connects Lowell, Lawrence, HaverhUl, etc.
$336,054
$332,256
$306,865
Net earnings
Miles
Miles.
123,618
125,101
116,352
54-4 Trackage rights
1-8
Interest, rents, taxes
..
71,799
68,362
48,947 First track
Dividends paid
86
35,760
35,760
35,760 Second track
Total of all Sept. 30, 1898.. 66-3
15
Sidings
64-5
Balance, surplus for year
$20,^^79
$16,059
$31,645 Total owned in fee
Total surplus Sept. 30
$50,425
$42,816
$24,751
Annual Report—For years ending Sept. 30 earnings have been
Interest,
—V. 65, p. 1022; V. 68, p. 672.
tax., etc. Dividends.
Net.
Balance.
Oross
$452,444 $199,865 $109,625 $60,000 sur. $30,239
(7) DIGHTON SOMERSET & SWANSEA STREET RAILWAY. 1897-98
168.656
84.928
30,000 sur. 53,728
428.010
1896-97
—A trolley road. In May, 1899. became part of Massachusetts Elec- 1895-96
sur. 75,337
162,209
86,872
410,000
tri Companies.
p. 1022; V. 68, p. 672, 1133.
-V. 65,
Date, interest. Outstand'g
Last Div
Stock
Bonds—
Stock, $175,000 (par $100)
$175,000 1896-97 8 p.o.
STREET RAILWAY.— A trolley
(13) LOWELL & SUBURBAN
l8tM.,$125,0t.0.gold,8.f..) 1896 5 g. J-D
125,000 Dec. 1,1915
($1,000), red. 105 after V Interest at International Trust Co., Boston, road.
June 1. 1901
r) Trustee. Sinking fund is $3,000 a year.
Organization—A consolidation May 1, 1891. Is under contract of
On June 30, 1898, loans and notes payable were $33,250.
lease to Massachusetts Electric Companies.
Owns 12-76 miles of track trackage, 4-60 total, 17-37.
BONDS Miles. Par. Interest. Outstand'g Last Div., etc.
QrnrK
Text. $1,000,000
Text.
Gross earmngs for year ending September 30, 1898,61,569; net, St'k auth.T$l,200,000 .... $100
Dec. 1, 1911
M. 1891. gold. c* .... 1,000 5g. J-D 1,000,000
$17,591; income from park, $2,023; charges, interest, $7,991; taxes, l8t
361,618
Loans & bills pay. Oct. 1,'98
^%
Bonds, gold
^o'^'!
,
&
;
;
. .
&
&
;
;
$2,049; maintenance of park, $12,354; deficit for year, $2,180.
GLOBE STREET RA.ILWAY.-A trolley road.
(8)
In May, 1899,
was acquired by Massachusetts
Electric
Compa-
nies.
Organization— Incorporated April 16, 1880; in 1898 purchased
the Fall River Street Ry., 2% miles.
Date.
interest.
Outstand'g.
Maturity.
Bonds—
Stock
See text
Stock, $100 par
$700,000
See text.
750,000
April 1, 1912
5g. A-O
45750 000 e-old / ^8^2
l8t
^ a* C Redeemable at 105 and int. after April 1, 1902
«i nnn panh
S Int. is payable by trus., Mass. L. & T. Co., Bost.
Debenture8,g. ($l,000).o 1892 5g.
J -J
550,000
July 1, 1912
&
tM
Debentures,g. ($1,000). c 1894 5g.
M-S
125,000
Mar. 1, 1910
Interest on debentures is payable in New York at N. Y. Security &
Trust Co. Loans and bills payable Sept. 30, 1898, $55,255.
Dividend^ln 1894-95 paid 2^ p. c; 1895-96 paid 3 p. 0.; 1896-7,
2 p. c; in 1897-8, none.
Road—Oct. 30, 1898, owned main track 20^2 miles; second track
8 •«; sidings, 2 total track, 31 miles. Connects with the Dartmouth
Newport, and
<fe Westport for New Bedford, Newport & Fall River for
with the Dighton Somerset & Swansea for Taunton.
Annual Report— For years ending Sept. 30 earnings were
1897.
1898.
1897.
1898.
Gross earnings. $312,035 $318,339 Dividends
$13,000
none
Balance, surp..
t>,323
$39,.596
Net earnings... 100,5 <5 119,009
Tot. sur. Sept.30 17,646
*17,241
79,212
79,414
Int., taxes, <frc..
;
I
|
I
|
*
$40,000 depreciation charged off in 1897-8.
—
Boston by the American Loan & Trust Co.. trustee.
Dividends— \n 1892-93. 1893-4, 6 per cent; 1894-95, 6 per cent; 1895-
Interest in
96, 6 per cent; 1896-97, 6 per cent; 1897-98, 6 per cent.
Road—64-8 miles of main track; sidings, 3-7 miles; total, 685 miles.
Annual Report— For years ending Sept. 30 earnings have been
1898.
1897.
1897.
1898.
$54,000 $48,000
Gross earu'gs. $393, 104 $381,804 Dividends
147,.503 Bal., surplus.... 13,530
11,848
Netearnings.. 155,045
87,515
87,655
Int., taxes, <fec.
V. 63, p. 1061; V. 65, p. 1022.
I
|
1
|
—
(14)
LYNN & BOSTON RAILROAD— An electric road.
in I8 cities and towns in and about
Boston, Mass. Incorporated under laws of Massachusetts, April 6,
1859, and was formerly controlled through ownership of stock by the
North Shore Traction Co., which in 1899 was disolved. Now controlled by Massachusetts Electric Companies.
Outstand'g. Last Div. dc.
QmrK ft Bonds— Date. Interest.
$1,266,000
8 A.-O.
Oct., '99,
Stock (par $100)
5J.-D.
215,000
June 1, 1906
Naumkeag St. Ry. Ist
5J.-J.
711,000 July 1, 1910
Consol. 11
Trustee, Manhattan Trust Co., New York.
5M.-N.
100,000
May 1,1910
Lynn Belt 1st.
Trustee, American Loan & Trust Co., Boston.
6 J. -J.
100,000 Jan. 1,1911
Essex Electric l8t
Trustee, Old Colony Trust Co., Boston.
3,723,000
Dec. 1, 1924
Lynn & Boston Ist m.,) 1894 5 g.J. D.
$5,379,000, $1,000.0* S Int. at Old Colony Trust Co., trustee, Boston.
320,000
April 1, 1917.
Coup. notes, $1,250,000 1897 6 A.-O.
Organization—Owns road
STREET RAILWAYS
&
Stock
Bonds—
Dale,
Last
Outstand^g.
interest.
Dir.,<te.
Plain Bonds secured by
Lynn &
Lvnn&
do
do
5M.(15) -N.
$150,000
100,000
186,000
49,000
24,000
10,000
11.000
5 A. O.
5M.
Naumkeag..
-S.
5 A.- o.
6M.
do
do
6
Other small issues
-s.
J.
J,
5&6
May 15, 1900
1907
1912
Apr. 1,1907
Sept. 1, 1910
July 1, 1911
1900
the unissued
Apr.
1,
1,
Mch.
Bonds— Of the $5,379,000 tlrst mortgage bonds,
balance to be used to take up other bonds.
Dividends— From 1880 to Oct., 1899, inclusive, 8 per cent yearly
Miles.
Road— Oct., 1898.
Boston & Revere El. St. Ry.. 3-8
Owned, measui'ed as single
121-7 Other
2-2
track
—
3-5
Trackage
Leased lines
Total main track (all eleo.) ..153-8
Winnlsimet Street RR
2
4-1 Sidings
lOo
Boston & Chelsea RR
East Middlesex Street RR... 16-5
Beverly & Dan vers St. Ry., 3 miles (capital, $12,000) is controlled
but operated separately— see V. 65, p. 1171.
Annual Report— Report for 1897-98 in v. 67, p. 1260, shows:
1898.
1897.
1897.
Tr. to Sep. 30— 1898.
Gr. eam'ps. $1,484,251 $1,425,210 Dlv'd8(8p.c.). $101,280 $99,472
6,281
628.461
606,584 Bal., sur. for yr.
4,217
Netearn'gs.
6,725 Tot. sur. Sep. 30 S6,665
91,150
Oth. income
6,060
509,620
526,960
Int., tax., &c.
GENERAL
BAL.'INCE
SHEET SEPTEMBER 30, 1898.
Assets
Liabilities.
Construct, (rd. owned). $4,346,715
Land and buildings
1 ,423,594
Equipment
1,392,638
283,569
Cash and current assets.
(a)
925, 1021,
p.
1171;
3»i,8rt2
96,664
Total
$7,446,516
V. 68, p. 40, 619, 673.
Co. at $7,260 per
miles of track. Leased to
to 6 per cent
annum, equal
A&O.
•on $121,000 stock, payable
b)
$1,266,000
5,699,000
Surplus
BOSTON & CHELSEA RR.— Owns 41
Lynn & Boston Street Ry.
(
Capital stock
Funded debt
Open accounts, etc
$7,446,516
Total
— V. 65,
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 and dividends on $50,000 stock, from July
at 5 p. c. per annum.
Stock
&
Bonds—
Date,
Outstand'g.
interest.
5J-J
Slock (par $100)
1,
1898,
.
;
Organization- Owns 16-5 miles of track;
18; total, 18 3 miles. Leased May 1, 1893,
99 years at
a rental
tixed charges then
;
der of
lease,
Stock
&
till
till
sidings, switches, etc.,
Lynn
Boston for
&
to
May 1, 1896, of $18,000 yearly in addition to
May 1, 1901, $24,000 yearly and for remain;
$30,000 yearly.
Bonds-
interest.
Maturity.
Oulstana'g.
$297,700
120,000 Sept.
100,000 Jan.
8
1898
5 M-S
1, 1918
Plain oonds, int. gu. (end.).
1892
5 J-J
1, 1902
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
((3)
is
not guaranteed. V. 67, p. 482.
$50,000, par $50.
Dividends in 1894-95-96-97-98 6
p. c.
(15) MYSTIC VALLEY' STREET RY.— A trolley road.
Organization.- Operates 6% miles of track, extending from Stoneham to Arlington. In 1898 purchased Arlington & Winchester Street
Ry.
58,
Stock, $90,000; all outstanding; par, $100. Bonds, $60,000 golddated Jan. 2, 1899, int. J-J at American Loan & Trust Co., Boston,
Tnistee.
(16)
NASHUA STREET RAILWAY.— Trolley.
Organization- Incorporated Aug.
chusetts Electric Companies.
Date,
Stock, Bonds Etc.Stock,$325,000,(par$100)
14, 1885.
interest.
Controlled by Massa-
Ontstanding.
$2,50,000
Maturity.
l8t mortgage, $150,000
6A O
150,000
Aprill,1911
Interest at Nashua Trust Co., Nashua.
Subject to call April 1, 1901
Loans and bills payable June 30, 1898, $53,860.
Road— Jan.
l,
1899, operated 14-47 miles of track.
Extension in
progress.
Earnings—Years ending June 30
Oross.
189697
1895-96
1894-95
(17)
Int. <£ taxes.
Balayice.
$15,873
17,180
10,573
$11,256
10,675
8ur.$4,617
6,505
sur.1,670
def.9,478
8.903
8,155
def.1,323
NEEDHAM & BOSTON ELECTRIC—
This road
Roxbury
(18)
Net.
$60,260
61,104
53,640
26.840
1897-98
<fc
is in process of construction.
Roslindale Street Railway.
Is to
be absorbed by West
NEWPORT & FALL RIVER STREET RY.—
(19)
Is
NEWPORT STREET RAILWAY.- A
one of the
Companies
NORFOLK SUBURBAN— (HYDE PARK).
(21)
Has passed
into the Massachusetts Electric Companies combination,
jn November, 1899, arrangements for consolidation with West Roxbury & Roslindale Street Railway were under way.
Date. Ititerest.
Outstand'g.
Maturity.
Bonds—
Stock
See text.
Stock (par $100)
$187,500 July, '99,4%
51894
J-J
July, 1914
75,000
5
1st inortirace bonds
mortgage oonds
Unt. at InternafalTr. Co., Boston, trustee.
Dividends—In 1894-95, 6 p. c in 1896, 6^ p. c; in 1897, 7 p. c; In
1898, Jan., 3^ p. c; July, 3^ p. c; in 1-99, Jan., 4 p. c; July, 4 p. o.
Road—Owns 11 miles of track.—V. 63, p. 978.
&
;
NORTH WOBURN
STREET RR.— Electric ro)d. Operates
(22)
719 miles of track. Stock, $100,000.
No funded debt, but Sept. 30,
1898, had $108,' 00 floating debt. Year ending Sept. 30, 1898, grosn
earnings were $40,838; net, $12,237; surplus from operations, $4,841,
Control
lines controlled
PROVIDENCE & TAUNTON STREET RY.
vested in Massachusetts Electric Companies.
is
Organization—Owns trolley road from the centre of Providence
to and through Taunton, about 13 miles.
Trackage from Taunton over Brockton Bridgewater & Taunton Street Ry. to Brockton
Operated from June 25, 1898. Stock, $175,000; all outstanding.
Bonds, $200,000 Ist mort. 20-year gold 5s,
Loan & Truat Co., Boston,
$50,000 being held by trnstee, to be issued
2, 1899, dividend of 2^ per cent was paid;
each, Amer.
(24)
dated Sept.
1, 1898, $1,000
Trustee; issued $150,000,
for new property. On Jan.
on July 1, 2^ per cent.
QUINCY & BOSTON STREET RY.—Trolley.
Is one of the roads in the combination
known
as the Massachusetts
Electric Companies.
Organization.— In May, 1899, consolidation was being arranged
with Braintree Street Railway. After consolidation stock was to be
Notes payable, $215,000; bonds of Braintree
$583,000; par $100.
Street Railway. $35,000.
Road Owns 30*34 mUes of track. Extension to Weymouth Landing
operated from July, 1898. Dividends in year 1894-95 were 6 per
cent; In 1895-96, 7 per cent; in 1896-97, 7 per cent; in 1897-98, 7 p. ct.
Earnings— For years ending Sept. 30 earnings have been:
Oross.
Net.
Tear
Int., taxes, <£c.
Divids.
Bal., sur.
$135,7''8
1897-98
$48,113
$11,819
$31,853
$4,441
1896-97
118,395
39,282
6,207
28,448
4,627
Total surplus Oct. 1, 1898, $50,000.— V. 68, p. 724, 928.
—
READING* LOWELL
RAILWAY—
STREET
Electric road.
(25)
Stock, $100,000; floating debt. Sept. 30, 1898, $65,000.
Miles of
track, 12. Gross earnings year ending Sept. 30, 1898, $16,739; net,
$1,185.
(26) ROCKPORT STREET RAILWAY— Electric road. OwnsS^
miles of track. Stock, $100,000; floating debt, $18,500. Gross earnings year ending Sept. 30, 1898, $28,433; net, $8,648.
trolley road.
by the Massachusetts Electric
RAILWAY —
WAKEFIELD
STREET
Electric
(27) SALEM &
road. Owns 7 miles of track. Stock, .$75,000; other liabilities,
$23,292. Earnings year ending Sept. 30, 18*8, gross, $ ,6 8; net,
$4,595.
(28) TAUNTON & BROCKTON STREET RAILWAY.—
Organization— Commenced operations Sept. 4, 1897. In August,
1899, acquired by Massachusetts Electric Companies. Stock, $100,000;
first
mortgage bonds,
Co., Boston, Trustee.
'98,
paid 2
(29)
58, Aug. 1917, $100,000; State Street Trust
Operates 1764 miles of trolley track. In July
p. c. div.; in '99,
Jan., 2 p. c; July, 2 p.
0.
TAUNTON STREET RAILWAY- A trolley road.
Organization— Incorporated Feb.
Controlled by Mas.sachusetts Electric Companies.
Organization— Incorporated in 1898. Stock. $250,000. Bonds
$300,000, 20-year, 5s, due 1918, interest F^A; Amer. Loan & Trust
Co., Boston, Trustee. Road— State line to Newport 15-6 miles, under
construction, and through cars between Newport and Fall River
began running June 19, 1898.— V. 66, p. 1237. In 1899 made 10 year
contract with Newport Street Ry. for running of cars within city of
Newport. June 19 to Aug. 31, 1898, gross, $27,462; net, $14,327.
Dividend— 3 per cent Jan. 2, 1899; 3 per cent July, 1899.
This
;
—
WINNISIMMET (STREET) RR.—
Organization —Owns 2-0 miles of track. Leased to the Lynn A
Boston for 999 years from 1880, at $3,000 per annum. Capital stock
is
(20) NORFOLK CENTRAL STREET RY.- A trolley road.
Controlled by Massachusetts Electric Companies, and will be consolidated with West Roxbury & Roslindale Street Railway and other
roads in the Dedham district.
Organization -Operations begun Sept., 1896. Extends from Dedham Square, connecting with Norfolk Suburban Street Ry., to East
Walpole, about 7 miles. Stock, $100,000; issued, $75,000. Bonds, Ist
mort. 20 year gold 58, $100,000, dated July 1, 1898, int. J.-J. at
International Trust Co. of Boston, Trustee
$60,000 outstanding
Bonds are subject to caU at 103 after July 1, 1903.
Eight per cent dividends are paid.
Date,
Stock ($100) .$300,000
Plain bonds, int. gu. (end.)
Outstanding.
Maturity.
stock
5p. c. in'96
$77,000
See below.
7 J-J
30,000
Pref. stock, 7 p. c, cum
See text.
5 J-D
IstM. $.50,000 ($500). o. 1890
50,000 Dec. 1, 1910
Unfunded debt Jan.l.'99
8,714
Interest is payable at the Industrial Trust Co., Providence, R. I.
Divj-dends— On preferred from 1800 to 1899, inclusive, 7 per cent
per annum. On comwiori in 1891, 5 per cent; 1892,7 per cent; 1893,5
per cent; 1894, none; in 1895, 5 p. c; none until Nov., 1899, 5 p. o.
Road.—Owns 417 miles of track. Rails, 45 lb. T and 60 lb. TEarnings— For years ending Dec. 31:
Oross.
Net.
Itit., faxes, die.
Div'ds.
Balance.
$48,031
$23,227
$15,743
1898
$2,100 8ur.<i5,384
36,338
11,082
18,178
1897
2,100 def. 9,196
(23)
EAST MIDDLESEX STREET RY.—
30, 1888.
interest.
Common
Lastdit>.,etc.
$50,000
44,000
1st mort. drawn at 104. ^ 1890
Feb. 1, 1910
5 F-A
Int.(notpr.)gu.i>yL.&B. l Interest at American Loan & Trust, Boston.
Current liabilities Sept. 30, 1898
$6,000
Road— Main track, 3-8 miles sidings, &c., 0-4 miles.
(C)
Organization- Incorporated July
Stock. Bonds, Etc.— Date.
1894—
Bos. mort. of
Boston
do
do
17
12, 1870.
chusetts JOIectric Companies.
Stock
Bonds— Date, interest.
Capital stock ($100)
&
Controlled by Massa-
Last divid'd, etc
Dec, 1893
$350,000
Istmortgage
1894
5J-J
350,000
Jan. 1, 1915
Debentures
1894
5 M-S
200,000
Mar. 1,1914
Cur'ntllab'8 0ct.l,'98
93,700
Interest at American Loan & Trust Co., mortgage trustee, Boston.
Road— Owns and operates about 17*1 miles of main track (measured
as single track) and 1-3 miles of sidings and switches.
Annual Report— For years ending Sept. 30
YearSept.30— 1898.
1898.
1897.
1897
Gross earnings... $70,452 $81,632 Int., taxes, etc.. $36,442 $32,935
Net
def. 4,212
32,230
30,064 Balance
2,870
Outstanding.
1
'
WAKEFIELD &8TONEHAMSTREET RAILWAY-Trolley.
(30)
Acquired by the Massachusetts Electric Companies.
1
STREET RAILWAYS.
18
&
Date, interest. Outstanding. Maturity.
Stock
Bonds—
Text.
Stock. $300,000, $100 par
6 p. c.
$1,50.000
- S
150.000 Mar. 1, 1915
let luort. $150,000 gold... c. 1895 5 g.
The whole Issue is redcoinable at 105 after March 1, 1900. Interest
at American Loan & Trust trustee, Boston- Dividends year 1894-95,
6 p. o.; in 1895-96, 6 p. o.; 1896-97, 5 p c 1897-98, 5 p. c.
Road— Owns 15*42 miles of track, laid with 50-lb. T rails, in towns of
Waketleld, Btoneham, Reading, Saugus and Melrose, ail in Massa-
M
;
obusettB.
Latest Earnings— From Jan.
1 to March 31, 3 months, gross, $9,959
For year ending Sept. 30, 1898, gross,
$26,146; charges, $14,343; dividends, $7,500
$10,344 In 1898.
in 1899;
$62,063; net,
(31
WEST ROXBURY & R03LINDALE STREET RAILWAY.—
)
A trolley
road. Owns 7'38 miles of track.
Control held by Massachusetts Electric Companies. In Nov., 1899,
was seeking approval of Massachusetts Railroad Commissioners to
purchase Norfolk Suburban, Norfolk Central and Needham & Boston.
Date,
interest. Outstanding. Maturity.
Stock & Bonds—
$101,760
Stock (scrip, $1,760)
100,000 Sept.l, 1916
IstM. $150,000, gold.s.f.) 1896
5 g. M-S
($500) red. at 103 after > Interest at International Trust Co., BosSept. 1, 1901
o*> ton, Trustee.
In Nov., 1898, $100,000 additional stock and $50 000 additional
bonds were authorized to pay the floating debt and extend the road.
Earnings- Year ending Sept. 30, 1898, gross, $6 ',438; net, $23,177.
WOBURN & READING STREET RAILWAY- An
(32)
road.
;
:
electric
Owns
Sig miles of track.
Stock, $60,000; other liabilities,
Earnings, 1897-8, gross, $11,535; deficit in operating, $510.
$32,533.
SOUTH SHORE & BOSTON STREET RAILWAY.— roUey.
1
Organization,—Consolidation in 1899 of the Bralntree & Weymouth Street Railway, the Bridgewater Whitman & Rockland, the
Hingham Street Railway (the latter being a consolidation of the
Hingham, the Hull and the Nantasket Electric), the Hanover Street
Railway and the Rockland & Abington Street Railway. The combination was arranged by Messrs. Pepper & Regiister of Philadelphia.
Messrs. George A. Fernald & Co. of Boston have been negotiating
Bome of the securities (V. 69, p. 229, 283).
Date, interest.
Outstand'g.
Maturity,
Stock AND Bonds—
Stock, *690.00u, par $100
$690,000
5
Aug., 1919
161,000
^|S$"°00O,0*0:**.^.'^.^^'i 1^»5
Interest at American Loan & Trust Co. (trustee) Boston.
&
>">',000 Mar. 1,1917
Braintrt-e
Weymouth l8t) 1897 5 g. M-8.
M. gold, $H0,OO0.
.
. 5 lut
at International Tr Boston, trustee.
N.
Bridgewater Whit. & Rock. ) 1897 5 g.
85.000 Nov. 1,19 17
Ist mort., gold^*l,000 c* J Int. at American Loan j^ Trust, Boston
Hinstham Strret Ry. first M.
1896 5g. J-D.
154,000 June 1,1916
M
,
under the laws of Connecticut the bonds are certified by State Auditor
as issued at not over 75 per cent of cost of road, etc.
The unissued bonds may be sold for improvements and new construction, but at not to exceed 75 per cent of the actual cost of such
Improvements, etc. The company has no floating debt.
Road Owns in fee 52-6 miles, consisting of eight divisions centering
at one point, the N. Y. N. H. & H. Ry. depot, and extending to Strat-
—
ford, Fairfield, Southport and Westport. Extension to Westport completed May, 1898. In August, 1899, an extension from Bridgeport to
Shelton was opened, increasing mileage by 9 miles. Rails are 90pound in city and 70-pound In suburbs.
Equipment— General Electric make; 53 closed cars, 51 new and old
open cars and snow-plough, sweepers, etc.
Latest Earnings- 8 months > 1899. ..Gross, $109,465: net, $56,761
to September 30.
108,215; net, 57,154
s 1898. ..Gross,
Annual Report— a special report was given in V. 63, p. 836; see
also remarks p. 815
For years ending Dec. 31
Tear—
Oross.
Interest. Dividends. Sal., sur.
Net.
1899,
1898,
1897,
1896,
1895,
June3^.$>56,l5'^
June
30.
Dec. 31
33^,4<i9
321.445
Deo. 31. 319,544
Dec. 31. 303,419
$164,138
155,221
139,889
132,760
147,187
$20 000
$86,120
8i,9
$58,018
49,271
35,739
30,685
52,187
20,000
20,000
20,000
20,000
84.150
82,075
75,000
GENERAL BALANCE SHEET JUNE
30, 1899.
Liabilities
Assets—
Construction
<*QQ«nQfii
St>d,9bO,83
Equipment
^
Accounts receivable...
307
Cash
25,349
Stock
$2,000,000
1,772,000
19,931
194,556
Bonds
Accounts payable
Profit
and
loss, etc
Total assets
Total liabilities
$3,986,487
$3,986,487
Officers— President, A. Radel; Vice-President, H. M. Doremus;
Treasurer, Wm. Soheerer (Newark, N. J.); Secretary, Thos. L. Watson^
-V, 63, p. 836; V. 67, p. 426.
BRIDGEPORT, OHIO.
Population 1890 was 3,369; in 1880 was 2,395;
AND IN 1870 WAS 1,178.
BELLAIRE BRIDGEPORT & MARTIN'S
FERRY STREET RAIL WAY-A trolley road.
In 1898 passed into the possession of the Wheeling Railway of
Wheeling, W. Va.
Stock
Bonds— Miles. Date, interest. Outstandg.
Maturity.
Stock (par, $100)
$250,000
1st M. $150,000 gold. )
1893 6g. A-O
150,000 Oct. 1, 1913
$1,000
c*&r5 Sub. to caU on any A&Oonand aft. Oct. 1,'08.
Interest is payable at Farmers' Loan & Trust Co., N. Y., trustee.
Road— Operates ll^a miles of track.
&
$200,000, gold
20,000 Julyl,19U
"assnw^^.:!^.!*T':!f.f ( 1^91 eg.J-J.
Rockland &' Abington iar^t) 1895 6 g. M-N.
100,000 May 1, 1915
mort., $100,000 gold....c* 5 Int. at Old Colony Tr. Co., Boston, trustee.
Bonds— It is expected that most of the abo ye underlying liens will
shortly be taken up, when the consolidated mortgage will become a
first lien.
road in Plymouth County,
Mass., of which 69 miles are owned and 5 miles operated under contract. Operates in Brockton, Bralntree, Bridgewater, East Bndgewater, Abington. Rockland, North Abington, Hanover. Hingham, Hull,
Weymouth, Norwell, North Weymouth, East Weymouth, and, in connection with the Quincy & Boston, runs through cars to Boston.
Earnings- For 1898 ea'-ning.s of the several roads making up the
combination were $214,693 gross and $49,637 net.
Officers— President, Albert L. Register of Phila.; Vice Pres., John
J. Whipple of Brockton; Treasurer, George A. W. Dodge of New Hiiven,
Conn.; Secretary, Gardner F. Wells.- V. 09, p. 130, 22a, 283.
Road— Consists
'WEST
of
74 miles of
electric
END STREET RY.—See Boston Elevated BR.
BOW^LING GREEN, KY.
Population 1890 was 7,803; in 1880 was 5,114;
and in 1870 was 4,574.
BOWLING GREEN RAILA\''AY.-A
Stock, par
1898
$40,000
20,000
Road, Etc.— Owns 5 miles of track, including sidings.
Officers— President, J. H. Wilkerson; Sec. and Treis.,
V. 66,
p.
BRIDGETON & MILLVILLE TRACTIONIn June, 1899, entire stock was purchased by American Rys.
See the latter under Philadelphia.
BRIGANTINE BEACH,
1915
T. 8.
Fitch.—
472.
BRIDGEPORT, CONN.
:
;
BRISTOL. CONN.
Population 1890 was 7,382; in 1880 was
and in 1870 was 3,788.
5,347;
BRISTOL & PLAINVILLE TRAMWAY.-A
Also furnishes electric 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; int., M.&N.; outstanding, $135.000; bills payable June 30, 1899, $12,500. Length of railway measured as single track, 74 miles. For year ending June 30, 1899, from
passengers, gross, $36,415; from electric lights, etc., $24,610; total
gross, $61,025; net, $18,555; interest and taxes, $8,996; dividends,
$6,000; balance, surplus for year, $3,559. President, C. 8. Treadway,
Bristol, Conn.; General Manager, G. E. Cockings.
trolley road.
Organization— Organized
BROOKLYN,
trolley road.
Organization -Chartered in July, 1893, and operates by electricity
the entire system of street roads in the city. Owns a perpetual and
exolnslve franchise from the State of Connecticut and is exempt from
all city taxation. Population served in 1899 esti mated at 65,000.
Outstand'g.
Last div., etc
Stock & Bonds.— Date, interest.
Stock (par $100)
$2,000,000 Aug.1,'99,1 p.c.
FlTBtM.g ($1,000)0.* > 1893 5g. J.-J.
1,772.000 July 1, 1923
$2,000,000
5 Trustee Fidelity Title & Dep. Co., Newark, N.J.
Interest is payable at office of Redmond, Kerr <Sn;o.,41 Wall 8t.,N. Y.
Dividends— Aug., 1895, to Aug., 1899, Inol., 1 p. c. yearly.
Bonds—The mortgage is a first lien on the franchises and all property now owned, or which may be hereafter acquired. As required
J.
Organization—A reorganization per plan in V 63, p. 837, of Brigantine Transit Co. sold in foreclosure Feb. 4, 1897. Runs steamers
from Inlet (Atlantic City) to Brigantlne, connecting with Its electric
troUey road, extending along Brigantine Beach, 7 mUes of double track.
New Securities $50,000 Ist mortgage 5 p. c. 20-year bonds; Ist
preferred 5 p. c. stock, $125,000 2d preferred 5 p. c. stock, $75,000
common stock, $150,000, all issued. In June, 1899, the Co. issued
$25,000 20-year 2d intg. 5s (M&N) to retire fioating debt and for
double tracking. Continental Trust Co. is trustee.
Earnings- For year ending Dec. 31, 1898, passenger earnings of
railway, $9,023; other income, $317. President, Geo. H. Cook, 50
Broadway, New York.—V. 64, p. 373.
Population 1890 was 48.85«: in 1880 was 29,148;
AND IN 1870 WAS 18.969. (See below.)
BRIDGEPORT TRACTION-A
N.
Co
BRIGANTINE TRANSPORTATION CO.-
trolley road.
Orqaniz tion— Incorporated in July, 1898, as a reorganization of
the Park City Ry., purchased at foreclosure Feb. 2>*, 1898, by the
Fidelity Trust & 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 city. Population of Bowling Green in 1895 (company's estimate) was 10,000, with suburbs 12,000.
Date, interest. Outstanding. Maturity,
Stock, Bonds, Etc—
New mortgage
BRIDGETON,
N. J.
Popolation 1890 WAS 11,424; IN 1880 WAS 8,722;
AND in 1870 WAS 6.830.
N. Y.
POPULATION 1890 WAS 806,343; in 1880 was 566,653;
AND IN 1870 WAS 396.099.
TRANSIT.— ("Sec adjoining
BROOKLYN RAPID
Map.)
Organization—A New York corporation organized in January,
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-Governor Flower having then bought control.
Cars began running over Brooklyn Bridge in February, 1898.—V. 66,
p. 383.
ASSETS-The following is a statement of the
owned by the Brooklyn Rapid Transit Co.
equities
stocks, bonds and
as of Nov. 1. 1899.
STREET RAILWAYS.
t^W.OOO
Entire capital stock Brooklyn ^e^ehts RB. Co. (P"'")^"-;
u;---i--,--Equity iii 99v»-year lease of Brooklyn Cay RK. Co. to Brooklyn
Con^truction'^acTOunt of Brooklyn HelRhts RR. Co. acainst Brooklyn
liLes.
City RR Co. for extensions and improvements on leased
•
19
used in the acquisition of the Brighton Beaoh Railroad properties and
the electrical reconstruction of those properties, as well as of the
leased properties of the Prospect Park & Coney Island RR. Co. and
.-an>^^ allied linos. The total amount thus issued was $2,713,900,
Z.OOO.'oOO
Bonds— Ot the $7,000,000 fifty-year gold 58 of 1895, $1,875,000
En?ire"cap°faf stoik°Brooklyn QueensCo.' & Suburban RR. Co.' ipar)
Kntire capital stock Sea Beacliltailway'-o.. par value
?^n7?§ took up collateral trust notes, .$3,000,000 went to stockholders for the
190.153
View Railroad Co. par value.
KDtire capital stock Sea
52,6C0
par value. ... ......
assessment; balance for future requirements of the road. For deFirst mortgage « per cent bonds Sea View RR. Co.,
84 i-97-ie8haresoutof 85,-OU shares of ibe common stock of the Nas- 8,49Jl,716
scription of property covered by the mortgage see V. 62, p. 1138. The
RR. Co., par
sau Electric
._ ^„„
60 o2i> shares out of 65.00 shares of the i» cumulative preferred stock 6,062,000 Central Trust Co. is mortgage trustee. In December, 1897, bonds for
of Nassau Electric KR. Co., par.
35 443 sbaresout of 3H,301- shares of the 6« non-cumulative pre- „^,,„„„ $1,217,000 were listed, issued for purchase of Sea View RR. and for
3,644,300
I'erred s'ock of the Brooklyn Union Elevated RR. Co., par
extensions and improvements.— V. 65, p. 1219. In October, 189S,
»,2ti7 shares of the common stock of the
120 U 9 shares out of
........12,023,900
Union Elevated RB. Co.. par
$227,000 additional were listed. See application in full, V. 67, p. 904.
Brooklyn
:-a--x
Entire capital stock of Coney Island & Qravesend Ry. Co. outstandBrooklyn City RR. mortgage of 1891 is for $6,000,000 and is a first
gg^oo
•F^ratmortVsp.a'bondsBrookVynQueeM
lien on the old Brooklyn City road and a consol. lien on the lines
^-S^^'PS?
lfiii,<jm
* First mortgaKe 5 per cent botids Brooklyn City RR. Cpar;
acquired by consolidation in 1890. Of the $6,000,000 issued, $4,373,»41.60i',046
Total par values
000 are in the hands of the public and the balance is held in the
•Com posing guaranty fund for performance of Brooklyn City Railroad Com- guaranty fund.
pany's lease.
The total authorized issue of first consolidated mortgage gold 5s of
The Brooklyn Rapid Transit Company in April, 1899. also acquired,
the Brooklyn Queens County & Suburban RR. is $1,500,000, of which
througU one of its constituent companies, all the franchises and prop$1,666,000 are reserved for extensions, on which they will be a first
erties of the former Brooklyn <fe Brighton Boacli RR. Co., and
The com- lien Of the ,$2, 34,000 outstanding, $2,255,000 in 1893 were enthis has now been converted into an electric road.
guaranty of the Brooklyn Heights RR. Co. as to prinpany has also leased for the period of 999 years the Prospect dorsed with the
in January, 1899, provision was made for
Park & Coney Island .RR. the New York & Coney Island cipal and interest, and
Con- guaranteeing the remainder on the payment of ten dollars i)er bond
Brooklyn RR.
RR. and the Prospect Part & South
Both B. Q. C. & 8. loans are subject to call in 1916.
tract has also been made with the Reorganization Committee
The Sea Beach Ry. Ist 48 also are guaranteed as to principal and inof the Kings County Elevated Railway Co. and Fulton Elevated
terest by the Brooklyn Rapid Transit Co.— V. 65, p. 1219.
all the preferred and common stock of the
Railway Co. whereby
Mileage—The system August l, 1899, included:
newly-organized company which Is to succeed to the properties,
Miles.
old companies is to be exchanged for
privileges and franchises of the
127 Coney Island & Gravesend. 6-43*
Brooklyn Heights RR
,'?2,000,000 of the stock of the Brooklya Rapid Transit Co. Under the
Brooklyn City RR
204 77 tea Beach Ry
12-23
45-03
Brookl. Queens Co. and Sub
Reorganization Committee's plan the capital stock of the new com129-70
Total
482-28
pany wiU be $2,800,000 preferred and $6,000,000 common, and the Nassau Electric " L"
41-89 To be acquired EUngs Co. &
Brooklyn Union
company will have an authorized bonded indebtedness of $7,000,000 Brooklyn Brighton Beach 17-86
Fulton "L",
21-72
2-20
Sea View RR....-in 4% bonds, of which only $5,000,000 will be issued, making the
Grand total
Prospt. Pk. & Coneylsiand. 17-34
504-00
total tixed charges of the new company as acquired by the Brooklyn
New York & Conev Island.. 2-41 Franchises unbuilt (about). 200-00
Rapid Tran-sit Co. $200,000 per annum.
Prospect Park & So. Bklyn.
115
The BrooKtyn Uity RR. Oo. is held under a 999-year lease, dated Feb.
The company the present year (1899) has opened several new routes
14, 1893, guaranteeing all charges and 10 per cent dividends on $12,- to Coney Island, among them one from Hamilton Ferry to the Island,
000,000 of stock. The lease is nominally to the Brooklyn Heights RR. another from the Bridge to Brighton Beach (surface route); also
Co. but practically to the Brooklyn Rapid Transit Co., since that com- from Broadway Ferry to Brighton Beach, besides beginning the runpany owns the entire capital stock of the Brooklyn Heights Company ning of through trains to Manhattan Beach via the Elevated road.
and guarantees payment of dividends to lessor, as said above. In
On Nov. 1, 1899, began giving transfers between the elevated and
1898 the Heights Company leased also the Brooklyn Queens County surface roads at certain points of juncture between the two, but disSuburban RR., theretofore operated separately. On April 1, 1899, continued transfers at the same points from one surface road to
the Height.-i Company leased the Brooklyn Union Elevated RR. Co. for another.
one year for $100,000 and fixed charges, and also on the same date
General Finances— During the year ended June 30, 1899, the
the Nassau Electric RR. for one year for $150,000 and fixed charges. Company added to its property 238 miles of track, elevated and surIn the reorganization of Long Island Traction the old $30,000,000 face, and the acquisition of the Kings County Elevated will give 22
stock paid an assessment of $10 per $100 share, the old stock being additional miles. AU of the properties thus acquired have been secured
reduced to $20,000,000, and $7,000,000 of 5 per cent bonds being through the issue of new Brooklyn Rapid Transit stock and entail no
authorized, against $3,000,000 of Long island Traction.
new fixed charges for such purchase except the rental to be paid for
Bonds— Outstanding, interest. Maturity. Ann. charge. the Prospect Park & Coney Island RR. (140,000 per year) from the
Stock
Held in voting trust.
Stock, $45.000,000.... $43,000,000
time the lease of that property went into elfect— June, 1899. MoreB'klynR.T.,g.,mort,
6,625,000 5gA-0 Oct. 1,1945
$331,250 over, all the properties whose stocks have been acquired by the B. R.
$7,000,000..
1895.
250,000 5 A-O Apr. 1, 1941
12,500 T. Co. have recently had their fixed charges greatly reduced byprocess
B'klynH. RR. let M..
175,000 of reorganization.
3,500,000 5g J-J "July 1, 1941
B. Q Co. & Sub. Ist M.
First consol. mort. )
141,700
2,834,000 5g M-N *July 1, 1941
Report— The annual report will be found in the Chronicle of
guar. p.&i. (end.) S
12,000 August 26, 1899. The method of operation is to have all the railroad
240,000 5g J-J Jan. 1,1930
Jam. & B, RR. IstM.
26.000 companies leased to the Brooklyn Heights Railroad Company,
650,000 4gM-d Sep. 1,1916
Pea B'h Ry. Ist M., gu.
which
"
- '
.^2,500 6
3,150
J-J Jan. 1, 1907
•Sea View RR. l.st M.
515,600 is the operating company, and the income of the Brooklyn Rapid Tran.
12,890.000 54g F-A Feb. 1. IQ.'iO
Brooklyn Un. ElevaCentral Trust Co New York, Trustee.
sit Company consists of the surplus profits of the Brooklyn Heights
tedRR. Co. 1st M.. \
ifassau Electric RR. 1
( ompany, and such moneys as it may receive from the stocks and
357,878
8,946,960 4gJ-J Jan. 1, 1951
Co. consol. oatge.
bonds held by it. The table below gives the operating statement of
New York, Trustee.
Guaranty Trust Co.,
bonds ($1 ,000) c*&T
$15,000,000
the Brooklyn Heights Company for the year ending June 30, 1899,
J
Apr. 1, 1944
33,000 with comparison for the preceding year, and includes the
660,000 5 A-O
1,'t mtge. bonds
operation
37,950
At.Ave.lst mtge
759,000 5 A-O Oct. 1, 1909
" " Gen. M.g.'91. 2,241,000 5g A-O Apr. 1, 1931
112,0.50 of the Brooklyn Heights Railroad Company, the Brooklyn Queens
At. Ave. Imp. $1,220,000 5g J-J Jan. 1, 1934
11,000 County & Suburban Railroad Company, the Brjoklyn City Railroad
500,000,gold,'93. J
Company and the Sea Beach Railway Company for the entire fiscal
•»B. B. iW. E. IstM. )
12,.500 year, and of the Brooklyn Union Elevated Railroad Company and
250,000 5 J&J Jan 1, 1906
Ser.A,red,Jan '97 5
1B.B. &\V. K. l.itM. >
250,000 5 A&O Jan, 1,1916
12,500 Naspau Electric Railroad Company for three months only of the fiscal
Ser.B.red Jan.'97(
year.
For purposes of better comparison the figures of the leased
9B. B. & W. E. 2dM. I
52,000 5 J&D Jun. 1, 1911
2,600 companies for the corresponding period of the preceding year are comred. July, 1896. $
121,040 5gA&0 Oct. 1, 1933
6.05 2 bined with those of the Heights Company, although they were not at
B. B. &W. E. Genl. g.
Total interest charges
$1,802,730 that time a part of the Brooklyn Rapid Transit system.
Rental
OPER4TING 8TAIEMENT, BROOKLYN HEIGHTS RAILROAD COMPANV.
9P 9 years.
B'klyn City RR. stock. 12,000,000 10 Q-J //
1,200,000
6.000,000 5 J-J tJuly 1, 1941
300,000
Ist ConsoL M., 1891.
Fiscal year ending June 30—
1899.
1898.
200,000 5 J-J July 1, 1908
10.000
B'klyn Crosst. IstM.
$7,412,434
200,000 6 J-D Jan. 1, 1907
$6,616,361
12,000 Gross earnings
Cal. Cem. &G.l8tM.
Operating expenses—
200,000 412F-A July I, 1941
9,000
New W. & Fl. l.stM.
$902,852
125,000 6 M-N May 1, 1910
7,500 General, iucL taxes & ins.. .$1,079,328
G. & Lorimer Ist M.
2,246,71
2.175,923
200,000 5 F-A July 1, 1906
10,000 Transportation
Gr. -t. & New. Ist M.
Maintenance of track, etc
262,638
213.888
$3^351,230 Maintenance of equipment.
Total Interest charges and rentals
589,553
501,948
184,500 Maintenance of
Less Interest on bonds owned (see list preceding)
power
491,141
437,595
$3,166,730
Net fixed charges, entire system
4,669,371 4,232,206
* Subject to call May 1, 1916.
t Subject to call.
{ Subject to call in
Net earnings
$2,743,063
$2,384,155
1916. § Five per cent after Feb. 1, 1905.
Income from other sources.
•185.458
13
In his annual report President Rossiter estimates the entire net
fixed charges for the yewr beginning July 1, 1899 (including the Kings
Gross income.
$2,743,076
$2,569,613
2,289,909
2,482,349
County Elevated), at $3,406,000, and says gross earnings will be not Fixed charges
less than $12,000,000.
Surplus.
$453,167
$87,264
Stock— Stock authorized is $45,000,000; issued $43,000,000, $2,* Includes income from guarantee fund
($181,369 50), which in the
000,000 being reserved for acquiring Kings County and Fulton Elevated RR. Cos. as per agrecincut with Reorganization Committee. The succeeding year was paid directly to Brooklyn Rapid Transit Comstock is held In a voting trust for five years, the trustees being Anson pany and did not pass tlirough operating company's accounts.
The above figures Include a charge of $529,212 for damages, a large
R. Flower, F. P. Olcott and A. N. Brady.
The Rapid Transit stockholders voted Feb. 11. 1899, to Increase part of which was on account of accidents occurring in preceding
flpcal years. The fixed charges inolude the rentals paid to leased comthe stock from $20,000,000 to $45,000,000— V. 68, p. 185, 329.
panies, including the Nassau Electric Railroad Company and BrookIn April, 1899, stockholders were given the privilege of subscribing
to the extent of 7% of their holdings for Brooklyn Rapid Transit lyn Union Elevated Railroad Company, most of whose stock is owned
stock ut par, the proceeds of this issue of stock being intended to be by the Brooklyn Rapid Transit Company.
!
!
.
.
•
l
>-
—
<!fe
i
A
&
.
I
{
—
.
.
)
STKEET RAILWAYS.
20
DROOKLYN RAPID TRANSIT COMPANY INCOME ACCOUNT FOR YEAR
ENDING JUNE 30, 1899.
Receipts—
From
••
"
•'
3*188,394 50
interest on bonds and loans
182,000 84
proHt on bonds sold
425 00
miscellaneous
Brooklju Heights RR. Co.'s surplus.... 471,554 77
Fxpenxes
—
—
:
by the syndicate conducting the consolidation.— V. 67, p. 74,
Certificate of merger of Atlantic Ave. RR. and United RR. was
$842,375 11
—
Deductions from
stirpliis
30,
Pref.4p.
379,825
$462,549
215,579
$678,128
1898
—
86
25
50
75
For new equipment and construction on rail$300,482 33
road properties
" e.Ntiusuisliiiig: old deficiencies of B. Q.
C. <fe S. KR. Co. accrued prior to its ac321,174 19
quisition by R. R. T. Co
1,930 83
Direct to protit and loss
623,587 35
$54,54140
The gross for four months ending; Oct. 31, 1899,
Latest Earnings—
was $3,837,500. against ,$3,765,681 in 1898 and $3,297,945 in 1897.
Officers— President, Clinton L. Rossiter; Chairman of Board, A.N
Brady; Vice-President, Horace C. Du Val; Secretary and Treasurer,
T. 8. Williams, Clinton and Montague sts., Brooklyn.
Directors— Clinton L. Rossiter, W. C. Bryant, Horace O. Du Val, John
D.Keiley, Timothy S. Williams, John G. Jenliins, Theodore F. Jackson,
Anthony N. Brady, Henry Seibert, Seth L. Keeney, David H. Valentine,
John Englis; C. D. Meneely. Index— V. 68, p. 130, 185, 329, 472, 523,
;
V. 69, p. 26,
Coinpanirs Controlled by Brooklyn Rapid Transit Company.
(I)BROOKLYN union ELEVATED RR.— A
being chansed to
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 tliis company. The cash contributions
levied aggregated $1,921,500.
Fixed Charges.— On\y $12,890,000 first mortgage bonds have been
issued to carry out the plan, and the present yearly fixed charges are
estimated as follows: Ittereston firsts at 4 p. c, $515,600; taxes
(est.), *108.000; total, $623,600 (old fixed charges were $882,083).
Date, interest. Outstand'g. Maturity, etcStock and Bonds.
$12,926,700
Com. stock, $13.000,000
Pref. stock, 5% non-cum.,
o q^^ , f.f.
c{,8.iO,lbO
$5,000,000
\
1st M., $16,000,000 g., 4% > 1 QQQ 5 4 to 5 g. ) 12.890.000 Feb. 1. 1950
^^^^ IF. & A. $ Trustee, Cent. Trust.N. Y.
till '05,then 5% ($1,000)
S
Road—Owns from Fulton Ferry to East New York, 5-73 miles Broadway and Lexington Avenue to Broadway Ferry, 278 miles, and Myrtle
Avenue to Adams Street and Brooklyn Bridge, 5*08 miles branch tc
0.
Outstand'g.
Maturity.
$8, .500,000
cum,$6,500,000
6,500,000
....
Bonds— For details see Rapid Transit statement abcive.
Road— Road extends from Broadway Ferry to Canarsie landing, 39tb
Street Ferry, Sheepshead Bay, Manhattau Beach and Fort Hamilton,
about 68 miles of track; with Atlantic Avenue lines, reaches City
Hall, Fulton, Wall and South ferries, Bensonhurst, Bath and Coney
Island total operated, 130 miles.
Atlantic Ave. RR. owns the double-track steam road from Jamaica to
Flatbush Avenue Station in Brooklyn 913 miles (19 miles of track),
which is leased for 99 years from June 1, 1877, to the Long Island RR.
Co., affbrding that company entrance Into the City of Brooklyn— rental,
formerly a percentage of receipts, was changed in 1895 to $60,000
yearly.— V. 61, p. 8J8.
Latest Earnings— Earnings are now Included In earnings of Brooklyn Rapid Tran sit. For 9 months ending March 31 thej were:
Oross.
9 wio«
Net.
Olh.inc- Int., lax, etc.
Balance.
1898-9
$1,558,696 $246,1.39 ,$35,595 $6M,5'^5 def $359,851
l'iQl-9
1,483,119
582,390
597,041 sur. 47,326
61,977
Earnings, Etc.— For year endlnj June 30, 1898, earnings, etc.. were
as below: (See V. 67, p. 840.)
Gross earnings...
$2,054,080 Interest on bonds
$260,584
Operating expenses
1,259,838 Taxes
72,000Rentals
477,444
Net earnings
>794,242
Other income...
Total charges
63,610
$H 10,028
Balance, surplus
$47,824
Total net
$857,852
UNITED RAILROAD— Successor in January, 1898, to Brooklyn
Cable Co., sold in foreclosure Deo. 23, 1897. Capital stock is $300,000
($100 shares). In February, 1899, merged in Nassau Electric RR.
V. 65, p. 1172; V. 66, p. 80.
1
1
BROOKLYN
Coney Island
;
to Cypress Hills, 1-4 miles, and to 65th Street,
1-77 miles; total, 20-34 miles; second track, 2034 miles; total track,
4068 miles. Cars are run direct from Brooklyn Bridge, via Union
;
Station at 36th Street and 5th Avenue, over the old Prospect Park &
Coney Island to Coney Island.
The company's trains have been run across the Brooklyn Bridge
since June, 1898, (V. 66, p. 1187), and on July 1, 1898, the operation
of the Bridge railroad -was commenced. The contract was made by the
then rei elver. A share of this contract is assumed by the Kings County
Elevated. See terms of contract in V. 67, p. 27, 426. The main lines
are expected to be entirely equipped with electricity (third-rail system), during 1899.— V. 66, p. 27. In July, 1899, the running of electric trains to Coney Island (via the Fifth Ave. branch and the Prospeet
Park & Coney Island) was begun.— V. 69, p. 129.
In March, 1898, an agreement was made with Long Island RR. proriding for Joint construction of connecting line at East New York and
running of tlirough trains from Jamaica to Brooklyn Bridge and from
Rocfeaway Park to Broadway ferries. Construction begun in Nov.,
1898, and work completed in February, 1899.— V. 67, p. 1054. Rockaway line operated since July, 1898, and line to Jamaica opened in
Oct., 1898. V. 67, p. 124, 175, 954.
Annual Report— Farnings are now included in Brooklyn Rapid
Transit. Report for year ending Dec. 31, 1896, in V. 64, p. 80. Increased earnings in 1895 were due to strike on trolley roads.
Oross.
Net.
Old Charges.
Balance.
Tears—
$550,365
$841,989
1897-8
$1,626,423
$291,624
634,411
882,955
v:48,544
1896-7
1,669.581
684,260
881,495
1,719,398
def. 197,235
1896 (caL year)..
..
2,082,937
924,699
859,428
sur.
do
65,271
1895
Officers.- President, Clinton L. Rossiter; Vice-President, William
Halls, Jr.; Secretary and Treasurer, T. 8. Williams.— V. 68, p. 230, 280,
426. 570, 617, 721, 821 V. 69, p. 26, 78, 123.
NEWTOWN
CITY &
& Brooklyn
RR.-See
City RR.
CONEY ISLAND & BROOKLYN RR.Orqanization— Chartered Dec. 10, 1860. Cars commenced runnlni;.
over the Brooklyn Bridge Feb. 15, 1898.— See V. 66, p. 3e3.
Brooklyn City & Newtown was leased in November, 1897, for 999
years, and practically all of its capital stock acquired.— V. 65, p. 1070.
Stock
Bonds.—
<fe
Stk.$2.000,000(p.$100)
;
Greenwood, 3-58 miles
283, 821.
Date.
Interest.
p.
Bonds—
125.
filed
;
Surplus carried forward
570. 617, 669, 721, 770, 821, 870, 975, 1131, 1179, 1224
78, 129, 130, 229, 439, 450, 491.
&
Common
stock, $-<,500,000
SurplHB for year
Accumulated surplus prior to June
Total surplus June 30, 1899
on Jan. 26, 1899.— V. 68,
Stock
$338,261 rg
41,564 77
For interest
" taxes and miscellaneous expenses
Co., the Brooklyn Bath & West End Railroad Co., the
Kings County Traction Co.— see V. 66, p. 39, 183. The asfets of the
Kings County Traction Co. were purchased at public sale in July, 1898,
Avenue Railroad
'^T|i,000)^.*'!..*'.'^!^'.-.?."i
Date.
Outstand'g. Last div., <£c.
$1,884, 00 Nov. I,'99,2i2
interest.
.......
^^^*
Q.— F.
..
^
J.
-
300,000
J.
Jan. 1,1904
Trustee, Brook. Trust Co.
Int. at Mechanics' Bank, Brook.
Cert, of indebt. ($1,000) 1895
5
J. - J.
$400,000 Jan. 1, 1910
First consol. mort., j ^898
4g. J. - J.
800,000 July 1.1948
$2,000,000, gold.
( Trustee, Mercantile Trust i;o.
Securities— Stock authorized $2,000,000, an Increase of $1,000,000
having been made in 1898, to take up B'klyn Citv ife Newtown stock.
Of the $2,000,000 4s of 1898, $300,000 are reserved to take up the
1st 5s, $400,000 to retire the certificates of indebtedness and $500,
000 ean be issued upon assent of two- thirds of capital stock.
Road—Brooklyn to Coney Island, with branches, 13% miles; second
track, 1263 miles; Brooklyn City & Newtown RR., main line and
branches, 8'8 miles; second track and sidings, 9-95 miles; total operated
.
.
45-13 miles.
Dividends— In 1893 4 per cent on $500,000 and 3 per cent on
$1,0('0,000; in 1894, 5 per cent; In 1895, 6 percent; In 1896, 5 percent;
In 1897, 6 p. c; Feb., 1898, 2 p. c; May, 2 p. c; Aug., 2 p. 0. In Nov.,.
1898, rate changed to 2^2 p- 0., payable quarterly. V 67, p. 955. In.
2^ p. c; May, 2^2 p. c; Aug.. 2^ p. c; Nov., 2^ p. c.
Latest EARNINQS.—Foryearsending June 30, 1899, and June 30,
1898, including the B. C. & Newtown, from Dec. 4, 1897, the earnings
1899, Feb.,
were
Net.
Oross.
Oth. inc. Int taxes, etc. Bal.,*ur.
12 mos.
1898-9. ..$1,133, 850
$439,485
$84,933
$310,6-.^4
$213,794
76;,^•24
1897-8...
2»7,169
43,468
24 .,221
85,416
The combined earnings both roads, for the entire year, 1897-8, were:
Gross, $956,778, net, $372,185, against gross, $856,645,
net,
$302,614, In 1896-7.
,
Three months to Sept. 30:
3 months.
Other inc.
Charg's.
$27,788
4,530
$130,980
99,618
Surplus
$79,135
34,081
Reins; Treasurer, Duncan B. Cannon;
Orosx.
Net.
..$421,185
1899
1-98
$182,327
129,169
323,537
Officers—President, John
L.
Superintendent, D. W. SuUivan.
Office, DeKalb and "Central Aves., Brooklyn.— V. 66, p. 38, 383, 1044
;
(2)
NASSAU ELECTRIC RA.ILROAD.— trolley road.
Organization—Chartered March 13, 1893, under the laws of New
Opened In July, 1895, and In April, 1896, leased the Atlantic
Avenue RR., etc. Cars commenced running over the Brooklyn Bridge
Feb. 15, 1898— see V. 66, p. 383. In Jan.. 1899, sale of Nassau Electric stock, formerly held by Johnson Brothers, R. T. Wilson & Co. and
others, was made to Brooklyn Rapid Transit, and subsequently the
latter also acquired the holdings of Patrick H. Flynn. As stated
above, the Rapid Transit Company owns $8,499,716 out of the
$8,500,000 common stock of the Nassau Electric and $6,052,000 out
of the $6,500,000 preferred stock. The Rapid Transit assumed the
management of the road on May 1, 1899.
The Nassau Electric Railroad and Its subsidiary lines in 1898 underwent recapitalization, by which provision was made for the reYork.
tirement of
all of
controlled by
it,
the outstanding securities of the various companies
The Nassau Electric Railroad Co., the Atlantic
viz.:
Controlled by Coney Island <& Brooklyn
RR.
BROOKLYN CITY & NEWTOWN RR.—
Organization-Chartered May
22, 1860, as
November, 1897, leased to Coney Island
D© Kalb Avenue
line.
& Brooklyn for 999 years.— V.
65, p. 869; V. 65, p. 366, 1070. In 1898, the Coney Island & Brooklyn RB. acquired by exchange all the stock except about $15,000.
&
Bonds. Date.
Outstand'g.
Last div., de.
$1,923,400 Nov.], '99,li4%
5 J.- J.
2.000,000
July 1, 1939
1st M., $2,000,000.. 1889
191.605
R.E.morts
Interest and dividends at Mercantile Trust Co. (mortgage trustee).
Stock
iStock ($100 shares)
Road—
interest.
(?)
Miles.
Single track, main line
880
do
second track
Weight of rails 66 12 and 98
Miles.
8-55
Sidings
lbs.
Total owned
1894.
1895. 1896. 1897.
1898.
11
11
10
8
Percent. I
7^
B^n
Latest Earnings.— See Coney Island & Brooklyn BR.
Dividends-? 1893.
1-40
18-75
1899.
3%
STREET RAILWAYS.
KINGS COUNTY ELEVATED RR.—A
steam
roaa, but to be i-bangt-d to electricity under the arraugeiueut by
which the property is to pass into the possession of the Brooklyn
Rapid Transit Co.
Organization— The old Kings County and Fulton Elevated roads
were sold a ti«reclosure July 6, 1899, and on July 7 the present KiuKS
County Elevated Railroad Company was Incorporated. The loreclosure was in accordance with leorganization plan published in V.
Work of changing motive power to electricity now going
6>«, p. 724.
on.
In Oct., 1896, arrangements were made for the runniuK of Ihrough
trains to Brighton Beach. V. 63. p. 754 In July, 1899, began running
trains to Manhattan Beach (V. e'9. p. 80) in connection with the
Brooklyn & Brighton Beach and a .«ection of the Manhattan Beach
division of the Long Island RR. Connection was made in 18n7 with
tbe Long I land Electric for the running of cars to Jamaica, Queens,
Hempstead and Far Rockaway.— V. 64. p. 330.
Trains began crossing the Brooklyn bridge in November, 1898.
Stock and Bonds —The Brooklyn Rapid Transit Co. is to issue
$'2,000,000 of Its stock in exchange for the entire stock (^6,000.000
oomniou and $2,800,000 prefeired) of the new company. Interest
charges after reorganization will be only $200,000 p«r annum. The
new eeeurities are
First mortgage 4 per cent gold bonds due in 1949; these bonds are
to be secured by mortgage covering all the property and franchises
of the new company, including after-acquired property. Total issue
$7.000,«i00.
$5,000,000
Of which issuable for reorganization
2,000,000
Remaining in treasury for future improvements
PRKFhRRED STOCK, 5 p. c. per auHum, non-cumulative [to
be exchanged for $1,400,000 Brooklyn Rapid Tran. stock.] 2,800,000
CoMMO^ STOCK [to be exchanged for $600,000 Brooklyn
6,000,000
Rapid Transit stock]
Road— Kings County owns double-track road through Fulton Street
to former city line; Fulton Elevated thence to new city line.
Tracks were us follows on June 30, 1898, 21-723 miles in all
2d.
3d. Sidings, etc. Total.
7St.
lYacks
12-477
5'444
5 444
0962
0627
Kings County El., miles
—
Fulton
2-884
2-884
0-475
3003
Report— Fiscal year ends June 30.
189«-99.
1897-98.
El.,
Annual
Gross
$679,6-.i3
Net
Otherincome
62,707
6,321
Net income
—V.
9-24e
miles
$694,480
74,862
175,4h2
16,87o
32,547
$192,352
68, p. 187, 331, 977, 1226; V. 69, p. 80, 130.
NE^W
YORK
NORTH SHORE
North Shore Rai way. V. 6v», p. 906. Controlled by parties identified
with the New York York & Queens County.
In October, 1899, the Appellate Division of the Supreme Court
upheld the right of the Long Island Electric under the General Rail"
road law to run cars carrying express matter. V. 69, p. 744.
&
Date.
Interest.
Outstand'g.
Maturity.
Bonds—
Stock
Stock. $2,100,000 ($100)
$2,100000
L. I. El. 1st M., $600,000 J 1895
5 g. J-D
600,000 June 1,1925
($1,000)
c* S Int. at Hamilton Trust. Brooklyn. Trustee.
N. Y. &No. Sb.Rv. W.,g. 5 1897
110.000 Dec.1,1927
($1,000) $l,.')00,000... 5N. Y. Security & Trust Co., trustee.
Earnings.— For year ending June 30, 1899, Long Island Electric
earned, gross, $86,588; net, $12,997: other inc., $400; fixed charges,
$40,597; balance, deficit, $27,200.
Road.— The Long Island Electric comprised about 27 miles of road
completed and in op> ration from Crescent Avenue, Brooklyn (at the
terminus of the Kings County Elevated), 30 miles, to Jamaica, Far
Rockaway, &c. The New York & North Shore has 30 miles projected,
with about 6 miles in operation, between Flushing and Jamaica.
Total track operated 33 miles. The Whitestone & College Point was
leased Aug., 1889.
Officers— President, R. T. McCabe, 29 Broadway, New York; VicePresident, Jacob R. Beetem, Flushing; Secretary and Treasurer, G. S.
Terry, Whitestone. General Office, Jamaica, N. Y.— V. 62, p. 548, 779;
V. 64, p. 330; V. 69, p. 743, 852, 906.
,
VAN BRUNT STREET & ERIE BASIN
RR.— A trolley load.
Organization, Etc.— Chartered Feb.
15, I86i. stock, $200,000,
*10. Funded debt, $65,000. Track, 2 1^ miles, changed
to electricity in 1898. YearendlngJune30, 18'^'9. gross, $42,173; net,
$14,986; charges, *3,973; other income, $3,277; balance, surplus,
$14,290. President, Michael Murphy; Secretary and Treas'r, Wyllys
Terry. Office. 264 Van Brunt Street, Brooklyn, N. V.
all Issued; par,
N. Y.
FOPDLATTON 1890 WAS 255,664; IN 1880 WAS 155,134;
AND IN 1870 WAS 117.714.
BUFFALO HAMBURG & AURORA
road.
To be a trolley
Organization- Incorporated
&
and bonds outstanding:
Values of companies.
Buffalo Properties—
Buffalo Railway Co
Cross town Street R'y Co. of Buffalo.
The Buffalo Tracts n Company
INTEB-URBAN HROPtRTIbS —
Work delayed, owing to
was settled latter part
difficulty of
Work now being pushed; 12 miles graded. Power-house
way, and line to be opened early in summer of 1900,
well under
of October.
Officers— President, A. J. Bcnzing; Vice-President, Walter Phelps;
and General Manager, U. L. Upson, 1095 Ellicott Square, Buffalo.
Sec.
BUFFALO & WILLIAMSVILLE ELECno bonds.
.
$5,370..500
215,000
925,000
500,0
.
Tonawani.a Property—
Buffalo Tonawanda & Niagara
Electric Railioad Company
Niagara Falls Properties—
Existing
$5,999,500
2,480,000
600,000
Buffalo Bellevue& Lancaster Ry. Co..
Buttalo & Niagara FhUs Electric Ry..
Buffalo * Lockport Railway
Elmwood Ave. & Tonawanda Elec. Ry.
stock.
2,8HO,000
600,000
*
"
90,000
,250.000
*1,».00,000
14,lii5
Falls
*1,500,000
Niagara Falls & Susp'n Bridge Ry. Co.
Niagara Falls Whirlpool & Norh'n Ry.
518,000
2.J,500
*600,000
50,000
300,000
*400,000
locinnn
xzo.vuv
^nn nno
4UO,uuo
600,000
*600,000
$12,285,000
$14,739,625
International Bridge Prkpert fSa Niagara Falis Susp' Bridge Co...
b. ('lifton Suspension BridgeCo
•
Lewi-ton Connecting Bridge Co...
b. Queenston Heights Brlage Co
Can.\dian Property—
Niagara Falls Park & River Ry
a.
>
\
The International Traction Co. holds all the outstanding stock
(except a few shares held by the dire lore) in the ca.se of the stocks
marked with au asterisk (*) in the foregoing; it also holds $5,311,100
of the Buffalo Railway Co. stock of $5,370,500, while the Buffalo Railway in turn owns the entire slock of the Crosstown Street Railway
and the stock of the Buffalo Traction and the Buffalo Bellevue
Lancaster.
Bonds— The stocks marked (-), excluding the few shares needed to
qualify directors, togeth' r with $5,311,100 Buffalo Railway stuck 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 to take up
the underlying liens wrich are not to be disturbed at present, and
$5,000,000 are to be reserved to be used for future betterments,
improvements,
Buffalo
WllUamsvllle. 56-lb. rails. For year ending June 30, 1899. gross,
$11,459; net, $4,243; taxes, $503. In 1897-8, gross. $12,161; net,$4,459.
Officers— President and General Manager, J. Blocher Vice-Pres-.
E. C. Longnecker; Sec, A. C. Rlnewalt; L. L. Grove, Supt.
Treas.
Md
Uoderiyirgr
&
l.ienei.
Date. Miles, interest.
J
1875
....
6&7 J-J
Outstand'g.
Maturity.
650,000 July
1,
190&
payable at Nat. Bank of Commerce, N. Y.
300,000 Junel, 1904
RnffaloFSidelstM ^ 18"* •• 7 J-D
Bunaioi-.hide isi M.
^ jj,^ j^ payable at Company's office, Buffalo.
293.500 Sept.1,1912
do
do
'2(1mM882 payable at
uo
uo
^a ivj. jjj^ jg .... 6
Company's office, Buffalo.
J
F -A
1891
3,756.000 Feb. 1,1931
67 5 g.
1st Con M f«1000»<
Solicitors' Loan & Trust Co. (Phil.) trustee.
<ft5 oonoooffid P".^r \
!t.a,uuo.ouu gm.c &r
^ ^^^ is nayablebyCuyler, Morgan &Co.,N.Y.Citv.
Real estate mtges. (5)
6 J-D
1.50.000 June20,1964
Buff. Ry. debe'tures,] 1897 ..
6 g. A - O 1,000,000 Apr. 1, 1917
$1,000,0 '0, g., red. Trustee, Metropolitan Trust, N. Y.
at 105 after Apr. 1, Secured by deposit of $2,000,000 stock of Cross1902 ($ >00,-M,000) J town Street Ry.
Crosstowu Railway— Guaranteed bonds
l.st M. g., ($3,000,892
73 5 g M-N
2,480,000 May 1,1932
000), gu. p.&i.c* \ Int. at Metropolitan Trust, N Y. City, trustee.
Buffalo Traction 1st 5 1898
5 g. J-J
6<'0.000
mortgage.
\ Trustee, Metropolitan Trust Co,. New York.
~
Buff.Bellev.&Lan.M. 1897 ....
5 J-D.
215.000 June 1,1927
Burt.&NlaeraraFa Is >
Elec. Ry.-lst M.,S 1895 .... 5 g. J-J
750,000 July 1, 1935
.$750,000, gold, o)
2d M., $250,000, g, ) 1«96 ...
5 g. J-J
17'^,000 July 1, 1921
8. f., red. aft. 1901 > Interest at Mercantile Trust Co., New York,
at 105, *1.000...c) Trustee.
500.00f) July 1,1938
Buff. & Lockport 1 St \ 1898
5
"~g. J-J
~ "
M .g.. $1,000,000.
Colonial Trust Co., New York, Trustee.
Niag^ ra Falls & Siis1893 ...
518,000 July 1, 19C3
6g. J-J
pensi'n Brid.eRy. Interest at Third National Bank, Buffalo.
Ist mort., gold ...
Mart, trustee, the Fidelity Tr.& Guar.Co., Buffalo.
Niag'a Falls Whirlpool & ^ortlle^n ^ 1894
5 J-J
22,500 July 1, 1903
^ jjj^.
jg
M-S
I
[
W
.
•
Ist mort., gold .. )
NiaK. F. Susp. Bdg. ) 1897 ....
300,000
5g.
Clifton Susp. Bridge >
Toronto General Trusts Co., Trustee.
Low. Cou'g Bdg, Co. 1898
...
5 g.
125.000
Queens. Hts. Br. Co \
Toronto General Trusts Co., Trustee
Niagara Falls Park)
<te River Ist more,
1893
5
600,000
Canadian curr'ncy 3
L AT EST Earninqs—Fot quarter ended Sept. 30 aggregate earnings
of all the railways and bridges were $692,504 gross and $366,883
net; other earnings, $30,437; fixed charges, $219,811; surplns, $1';7,-
5u9.
Road— Operates in the vicinity of 300 miles of track.
Officers.— President, W. Caryl Ely; Vice Prest., Daniel 8. Lamont.
Sec. and Treas., Richard F. ifankine; Gen. Manager, Burt Van Horn.
Executive OommUlee.— Chan. H. Coster, Francis Lyude (Stetson, Daniel S. Lamont and vVm. B. Rankine of New York; W. Caryl Ely and
Burt Van Horn of Buffalo; andT De Witt Cuyler of Philadelphia.—
V. e8, p. 524. 571, 1024; V. 69, p. 229.
RY-
On June .'iO, 1899,
10, 1891.
Operates 5^4 miles of track, Buffalo to
;
etc.
Bonds—
St Rv
M.
St. Ry. 2d M
Stock
ETURLINGTON. IOWA.
Organization— Chartered August
stock, $75,000;
Existing
bonds.
[•
RY.-
in 1S98. Stock, $400,000; Ist mortgage 5 per cent 25-year bonds authorized, $400,000; Buffalo Loan
Trust & Safe Deposit Co. trustee. Contract let in March. 1899, for
construction of 19's miles main line, brick power-house, car-house and
turn-outs; total track, 21 miles.
obtaining right of way, which
Organization— Organized in 189n under New Jersey laws, and has
acquired the tuffalo s-treet railw.ays the railways leading from Buffalo
to Niagara Falls and Lockport and the Niajiara Falls Railway and
Suspension bridges, as well as the Canadian trolley road.
Date, interest. Outslatut'g.
Maturity.
Bonds—
Stock
Stock, common. $10,000,000
$10,000,000
Prf ,4 pc. cum .$5,000,000
5,000,000
Collateral trust, $30.000,t'00( 1899 4g.,J-J
11, 428,0'
Julv 1.1949
Guaranty Trust Company, Wew York,
($1,000), go d, c*. Interest^
f Trustee.
at agency in New Yoi k.
May be called at 110 on any interest date.
The following is a list of the constituent companies, with their stock
<fe
RR.-Trolley.
&
Organization- This Is a consolidation, 0<"tober, 1899, of the Long
Island Electric Ry., chartered on March .3, 18 -14, and the New York &
BUFFALO,
INTERNATIONAL TRACTION CO.-Trolley.
Total....:
1896-97.
$7-25.314
7,385
$69,028
21
POP0LATION 1890 WAS 22.565; IN 1880 WAS 19,450;
and in 1870 WAS 14,930.
BURLINOTON RAILWAY & LIGHT COOrQANIZATION— A consolidation of Burlington Klectric Ry., Burl
& Fuel Co. and Burl. Elec. Litfht Co. in 1897.— V. 64, p. 329
Ington Gas
,
STEEET F.AILWAYS.
22
In May, 1899, puroliased the Burlington
xeportod, $200,000.
Gas Light
&
Date, interest Outstand'a. Maturity.
Bonds—
Stock
Stock, $1.'250.000
$1,100,000
625,000 Oct. 1, 1917
let M., $750,000 ($500, Ac), < 1897 5 A-O
red. aft. 5 y'rs at 105,cur.o* I Int. at American L.&T.,Boston.trustee.
Bonds Mortgage covers railway, electrio-light and gas plant. Bonds
for $125,000 are reserved for extensions to gas plant.
—
16 »3 miles trolley 48 and 66 lb. T rail.
Officers— President, G. H. Higbee; Secretary, E. C. Walsh; Treas.
Road—Total track
;
J. T. Rcmey.
INDEX-V.
62, p.
232; V. 64,
p. 41,
CAMDEN
Co., paying, it is
&
IN
;
Wm.
President,
468, 753; V. 68, p. 1022.
1880 WAS 11.365.
BURLIISrOTON TRACTION CO.-A trolley road.
Stock
&
Bonds—
3files.
Date. Int'rest. Outsland'g.
8tock$200,000. par$100
»^
^l?"*$l"5'^'000^^oW*^
&
o)
$1 ,000
Unfunded debt.June 30, 1^99
.$500
Maturity.
$200,000
125,000 Jan., 1924
189* 6g.J-J
Vice-President, B. C. Reeve; Secretary, S.
p. 682.
S. Scull;
H. Lippincott.— V. 62,
CAMDEN HORSE RR. -A trolley and horse road.
Organization— Incorporated March 23, 1866. In April, 1896, oonrol was acquired by the Camden & Suburban Ry., which leased the
(1)
1890 was 14,590;
est.) 17.000; i\
'^^^ subject to call before maturity.
5,000,000
Interest is payable at office of trustee, Burlington Trust Co.
Road Owns 11 miles of track in city of Burlington. Rails 50-lb.
T. Owns 8 box cars, 10 open cars, 3 snow plows.
EARNlNQSforyear ending June 30, 1899: gross, $51,949; net, $24,961;
nterest, $7,500; dividends, $7,650.
Officers— President, EUas Lyman; Vice-President, Jos. A. Powers;
Treasurer. W. F. Hendee; Secretary, B. H. Eagan.
—
road from April 1, 1896. Rental,
which paid 18 p. c. on stock.
Stock
&
Bonds—
Date,
etc.,
received in 1898 $45,400, from
,
Outstand'g. Last div.,
interest.
See text.
$250,000
See text.
1st mortgage
5
250,000
1909
1st cons. M. ($500,000)
1892
250,000 May 1,1912
($500)
Interest payable at New Jersey Trust Company, Camden, N. J
Dividends— 1892, '93, '94 and '95, 8 p. 0. per an.; '96, 14 p. c; '97, 16
5M-N
p.
c; '98, 18
p. c.
Cost of road and
1, 1899, operated 32 miles of track.
equipment to that date, $1,098,946.
Qccir.ERs— President, Wm. S. Scull; Vice-President, B. C. Reeve; Secretary, Samuel T. Corliss; Treasurer, Q. G. Browning.- V. 62, p. 682.
Road.—Jan.
(2)
WEST JERSEY TRACTION CO.the Camden & Suburban Ry.
CAMDEN
POPULATION 1890 WAS 10,723; IN 1880 WAS 3,363;
AND IN 1870 WAS 241.
RAIL, WAY
-Trolley.
Foreclosure Receiver is J. R. Wharton. Mortgage being foreclosed. Cable line has been abandoned. Interest in default.— V. 64,
—
p. 663.
This
1899
Road
& TRENTON RAIL^WAY-TroUey.
Monmouth Traction, name changed as above
The new company is authorized to issue $
is
Miles of
Stock, $65,000.
Franchise granted by city in 1894.— V. 62, p. 682.
track, 5.
BUTTE, MONT.
etc.
Stock ($25) paid in
Owned by
BUTTE COlSrSOLIDATED
funded
Earnings— For year 1898, gross income from passengers, $266,983;
from other sources, $27,262 total income, $294,245; operating expenses and repairs, $300,082; deficit, $5,837.
Road—Track, 6 miles; Camden Horse RR. leased, 32 m.; West Jersey
Traction Co., 5 miles; total, 44 miles.
BURLINGTON, VT.
AND
RY.—A troUey road.
Issued to Jan. 1, 1899, $975,500; par, $25; paid in, $97,550;
debt, $554,000; other debt, $83,367.
T. Corliss: Treasurer,
Population 1894 (local
SUBURBAN
Organization- Formed in 1896 to control the Camden Horse RR.
(which is leased) and the West Jersey Traction Co. Capital stock
the
in process of construction, ai
d
it is
in October,
of stock.
understood the Intention
is
ultimately to connect Trenton with Camden. Camden <fe Suburban is
eported to have made verbal agreement to connect with the new line.
Enterprise is undert-tood to be backed by Col. E. De V. Morrell and
Philadelphia capitalists. January 1, 1899, the old Monmouth Traction
reported $125,000 of stock issued and outstanding and $75,000 of
funded debt; only 5 miles were in operation at that time; opened September 26, 1898.— V. 69, p. 955.
)
In April, 1899, application was made to the Court by the receiver to
lease part of the line to the Silver Bow Railway Co.
Date.
interest. Outstanding. Maturity.
Bonds—
Stock
&
Stock
Mnr+e-ae'e ffold
Mortgage, goia
0891
$500,000
6g.J-J
July 1, 1911
.500,000
Trustee, Mass. Loan & Trust, Boston.
The owners of the stock also hold the entire issue of bonds.
Road 21 miles of track. About 5 miles of extensions were contemplated in 1899. President, W. A. Clark; Secretary, Alex. J. Johnston;
Treasurer, A. H. Wathey.— V. 64, p. 663.
^
CANANDAIGUA,
—
N. Y.
Population 1890 was 5,868; in 1880 was 5,727;
AND IN 1870 WAS 4,862.
CANANDAIGUA ELECTRIC-LIGHT & RR.in 1888. Owns and operates an electricand 4 miles of street road, and owns majority of stock of the
Canandaigua Gas Light Co., all of which properties are covered by its
Organization— Chartered
CAIRO,
light plant
ILL.
Population 1890 was 10,324;
AND IN 1870 was
in 1880
6.267.
was 9,011;
in 1890.
Date,
Operates 5^i miles of track.
Outst'd'g
Maturity.
$52,400f.p
\^^^'^ ^
^"^ ^2,400
June 1, 1911
^Trustee is St. Louis Tr. Co., St. Louis, Mo.
Officers— President and Treasurer, E. W. Halliday.
Stock, $75,000; par, $100
1st mortsaee currency
istmongage,
EGYPT ELECTRIC COMPANY-A trolley road.
was
6,173;
CALAIS STREET RAILW A Y-A trolley road.
Organization— Stock, $ioo,000; first mortgage, 1894, Ss, J&J,
.$100,000 due July 1, 1918. Current liabilities, June 30, 1899, $9,779.
Year ending June 30, 1899, gross, $22,292; net, $4,161; interest]
taxes, etc., $2,767; bal., surplus for year, $1,394. In 1897-98 gross,
$23,252; net, $4,743; interest, taxes, etc., $6,530; balance, deficit,
for year, $1,787.
Road— Calais Street Railway, lower wharf to upper bridge, Calais,
4 miles; St. Stephen Electric St. Ry. Milltown, N. B., to St. Stephen, N.
B., 3 miles; total, 7 miles. The St. Stephen Electric St. Ry. is a separate corporation, but is owned entirely by the Calais company.
Officers— Pres., George A. Curran; Treas., C. W. Young, Calais, Me.
;
;
CANTON,
"WAY.— A troUey road.
Organization— Chartered in 1892, and absorbed the Canton Street
Railway and the Lake Side Street Railroad companies.
&
Bonds— Miles. Date, interest. Outsland'g. Maturity.
Stock
Sfk, $525,000 ($100)
$525,000
Canton Street Ry. Ist <
5
225,000
currency
< Interest at National Bank of Commerce, Boston.
Canton-MassiUon IstJ I312 1893 6 g. M-N $118,000 Nov. 1, 1912
M., $300,000, g. .c < Interest at Cent. Trust Co. (trustee), N. Y. City.
Bonds— The Canton-Massillon mortgage is a first Hen on the internrban and the MassiUon divisions. Neither issue Is subject to call.
Road— Company in Jan., 1899, owned street railway in the cities
of Canton and Massillonand an interurban line be; ween, connecting
Rails 40 to 60 lb., being
them. Total track reported as 21 miles.
girder In the cities and T rails on the interurban division.
Officers- President and Treasurer, Wm. A. Lynch, Canton, O.
6M-N
.
CAMDEN,
CAMDEN" GLOUCESTER & ^WOODBURY
RAILWAY.
Bonds—
& in
Bate,
interest.
Onlsland'g.
$600,000
Stock paid
Ist mort. ($500 each)
Maturity.
1894 6 M&N
400,000
1904
Int. at Security Tr. <fe S. D. Co. (trustee), Camden.
159,122
Other debts Jan., 1899
Road -Jan. 1, 1899, owned 22-40 miles of track. TOtal cost of road
and equipment to Jan. 1, 1899, $1,266,761.
Earnings— In year ending Dec. 31, 1898, gross, $117,404; expenditures for repairs, .$12,904; for superintendence and management^
$72,825; balance for year, $44,578; interest on bonds, $24,000.
Officers— President, J. Wlllard Morgan Secretary, T. P. Curley
Treasurer, W, J. Thompson.— V. 62, p. 232.
;
O.
Population 1890 was 26,189; in 1880 was 12,258;
and in 1870 was 8,660.
N. J.
Population 1890 was 58,313; in 1880 was 41,659;
AND IN 1870 was 20.045.
Stock
interest.
CANTON-MASSILLON ELECTRIC RAIL-
CALAIS, ME.
AND
Date,
. .
Organization— Successor to Delta Electric Co., gold under foreolosure sale Feb. 13, 1896, to the bondholders. Four miles of track.
Stock, $40,000; bonds, none.— V. 62, p. 364.
in 1880
in 1870 WAS 5.944.
Bonds—
Stock
interest.
Population 1890 was 7,290;
&
Oustand'g.
Maturity,
$150,0001
160,000
1927
(1897 6g.J-J
i Trustee, Rochester Tr. & S. D. Co., Roch.,
1st mort., gold ($500 each)
N. Y.
t
Road— Owns 4 miles of track 44-lb. rail on 3 miles, 36-lb. on 1
mile; 5 cars. Earnings— For year ending June 30, 1898, gross Income, $5,531; net, $210. In 1897, gross income, $4,793; net, $2,395.
Officers— Pres., T. H. Fearey Sec, Treas. & Man., H. B. Ferguson.
Stock
CAIRO ELECTRIC RAILWAYOrganization— Chartered
Stock & Bonds—
bonds.
CAPE MAY,
N.
J.
Population 1890 was 2,136; in 1880 was 1,699
and in 1870 was 1,248.
CAPE MAY DELAM^'ARE BAY & SEWELL'S
POINT ELECTRIC RAILWAY-A troUey road.
Organization— A consolidation
in 1892. The road Is operated only
15 to Sept. 15 of each year. Leased in 1896 to Cape May
Transportation Co., J. Henry Edmunds, President, at annual rental of
$7,500.
Date, interest. Outstanding.
Maturity.
Bonds—
Stock
$150,000
Stock paid in (par $50)
cur. 1893 (text) F-A
150.000 Feb. 1, 1923
1st mort. ($150,000;...
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 «& S. D. Co., Camden, N. J.
from
May
&
STREET RAILWAYS.
city of
Road— Operates 614 miles in
May Point and Sewell's Point
Cape May and extending
total track,
;
Earnings— For year ending Dec.
Cape
to
9H miles.
31, 1898, gross, $15,516; expenses,
$3,374.
$18,890;
Officers— President, G. G. Browning; Secretary,
Treasurer, Beuj. C. Reeve. OtHce, Camden, N. J.
dolicit,
CARBONDALE,
POPDLATION 1890
AND
John
J.
Burleigh;
PA.
WAS 10,833; IN 1880
IN 1870 WAS 6,393.
was
7,714:
CO.-A
CARBONDALE TRACTION was reported
Traction Co.
trolley road-
to have
In August, 1899, the Scranton
control. In Nov.. 1899, the Beal Estate Trust Go. of Phila. apliought
plied for a receiver, interest being in default.— V. 69, p. 061.
Organization—A consolidation ou March 5, 1896, of the Carbondale & Forest City Passenger Ry. and Carboudale Traction Co.
Date, interest. Outstand'g. Maturity.
Bonds—
Stock
i
&
Stock auth., $450,000)
let M. ($500& $l,00O) c* & r.
($1 50,000) gold
Carb. & Forest City Pass. Ist
,
M. $300,000 gold c*
$450,000, gold
Loans payable une 30, 1898
Consol.
M
$450,000
11150,000 July 1, 1922
1892 6g J-J
nnt. at Cen. Trust Co. trustee, N. Y. City.
? isqi a „ i_t
qoo 000
JOU.UOO
518916gJJ
5
,
1896 5
,
g.
July, '98, none.
June 1, '26
11,933
Of the consolidated mortgage bonds $150,000 are reserved to retire
the first mortgage bonds and $300,000 are, by the terms of the consolidation agreement, to be given in exchange for the $300,000 Carbondale & Forest City Passenger Railway bonds mentioned above.
Road— System includes 15 miles of road, beginning at Forest City,
Pa., and running through Vaudling, Richmondale, Wilson Creek,
Simpson, Carbondale, Mayfleld, Jermyn, Archbald to Peokville, where
It connects with Scranton lines.
Earnings-Year ending June 30, 1898, gross, $61,185; operating
expenses. $44,392; net, $16,793.
Officers— President, C. M. Clark (E. W. Clark & Co.), Philadelphia;
Secretary and Treasurer, R. A Jadwin; Gen. Manager, C. E. Flynn.
Main office, Carbondale, Pa— V. 6^, p. 1061.
.
I
CATSKILL,
POPULATION
in Catskill village
New York
Owns
Switch
&
in length.
Crossing Co.), Hoboken, N. J.—
lO^VA.
&
;
Bonds—
N. C.
CHARLOTTE ELECTRIC
POWER
RY.,
CO. -A troUey road.
LIGHT &
Organization— Successor to the Charlotte Street Railway, whose
charter was amended in March, 1895, and name changed as above.
The road is operated by the Charlotte Consolidated Coastruction Co.,
which owns aUthe bonds. Population in 1896 is reported to be 20,700.
Miles. Date, interest. Outstand'g.
Maturity.
Bonds
Stock
Stock, par$50
$60,000 f. p.
Char. St. Ry. 1st M., gold. .. 1892 6g. J-J
100,000 Jan. 1, 1922
Interest at Mercantile Trust & Deposit Co. of Baltimore, Md., trustee
The bonds are not subject to call before maturity.
Road— Jan., 1899 was operating 4'78 miles of track. Extension of sys
tem and double-tracking on the main street.
Annual REPORT.-^For year ending Deo. 31, 1898, gross, $53,664;
balance, surplus for year,
net, $27,765 interest charges, $6,000
$21,764.
Officers— President. E. D. Latta; Vice-President, E. B. Springs;
Secretary J. L. Chambers.- V. 64, p. 329, 384; V. 66, p. 384.
—
&
;
1890 WAS 18,020; IN 1880 WAS 10,104
AND IN 1870 WAS 5.940.
CITY RY-CEDAR RAPIDS & MARION Outstand'g. Maturity.
Stock
Road— Owns 40 miles of electric road, of which 30 miles In
Charleston and 10 miles from Mt. PI easant (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.
Officers— President, Francis K. Carey, Baltimore Vice-President,
Philip H. Gadsen, Charleston; Secretary and Treasarer J. Bannister
Hall, Baltimore; Gen. Manager, Nicholas S. Hill, Jr., Charleston;
Auditor, P. J. Balaguer, Charleston. Offices, No 141 Meeting Street,.
Charleston.- V. 68, p. 186, 230.
CHARLOTTE,
two miles
CEDAR RAPIDS,
POPULATION IN
$108,105.
Population 1890 was 11,557; in 1880 was 7,094;
and in 1870 was 4,473.
Stock,
$30,000, authorized by RR. Commissions in Aug., 1898, to be increased
to $400,000, and a certificate to that effect filed May 2, 1899. Company in 1899 also filed a mortgage tor $400,000 to the Hamilton Trust
Co. of Brooklyn as trustee to secure an issue of 5 per cent bonds.
Road is to be extended from Catskill to Windham, Cairo, and other
villages in Greene and adjacent counties, making a line 16 miles long.
No work done up to November, 1899, the company having only built
enough road to comply with the law. President, Louis E. Robert, 290
Hal Street, Brookljn; Secretary, D. W. Sharpe; Treasurer, W. C. Wood
(President of the
V. 68, p. 870.
&
N. Y.
CATSKILL ELECTRIC RY— Chartered in 1896.
and operates a road
Organization— Organized February 21, 1899, as a consolidation of
the Charleston City By. and Charleston & Seashore RR. under Special
Act of South Carolina Legislature, granting a perpetual charter and
gas and electric-light powers. Also owns the capital stock of the
Charleston Gas Light Co. ($698,150), and the Charleston Edison Light
& Pover Co. ($100,000), and thus controls the whole field of light and
transportation in Charleston. In Apiil, 1899, bought for $25,000 the
capital stock of the Mount Pleasant & Sullivan's Island Ferry Co.
and for $1,000 the franchise of the Middle Street Railway. The following are the only securities on the property.
Date, interest. Outstand'g.
Maturity.
Bonds—
Stock
$1,500,000
Stock, $1,500,000, par $.50
Charleston City 1st mort.
742,000 Jan. 1, 1923
($1,000). $850,000, g'd c. 1898 5 g. J-J
Tax free. Int. at Mercantile Tr. &Dep. Co., Bait., trustee.
Bonds for $100,000 reserved for extensions and improvements.
1,65S,000 M*r. I, 1999
Consol. M.,g., $2,500,000, < 1899 •>]{. M-S
Int. at Bait. Trust & Guar. Co., Trustee.
coupon
\
Holders can also collect coupons from consols at Carolina Savings
Bank, Charleston, if i>resent6d before the 10th of the month.
Bonds— Of the consol. 5s, $850,000 will be reserved to retire the
$850,000 City Ry. 1st 5s, of which $80,000 in November, 1899, still
remained in the hands of the trustee to be Issued for betterments.
The remaining $1,650,000, sold to the Bait Trust & Guar. Co., were
ottered by the latter In Feb., 1899.
Earnings— Eight months ending Oct. 31, grojs, $300,891; net,
1890 WAS 4,920; IN 18S0 WAS 4,320.
IN
23
;
Miles. Date. Interest.
Stock
IstM »O50 000«l 000c
istM. !ti^oo,uuu!t.i,uuuc.
^138* 1891 5J-J
J jj^^.
^^^
$316,000
250.000 July
Road— Owns road in operation 12-04 miles
1,
Cedar Rapids, Iowa, to Marion second track, 1-46 sidings, -34 total
of aU, 13-84 mUes. Rails 45 and 58-lb. T and elrder.
Officers— President, P. E. Hail; Vice-President, W. D. Douglass;
Secretary and Treasurer, John 8. Ely.
;
A.>JU IN
;
;
CHAMPAIGN,
1870
ILL.
in 1880
WAS 4.625.
was
& ELECTRIC CO.-
This property was sold Mav 1, 1899, to a syndicate represented by
B. McKinley, of Champaign, who originally owned the road. Stock
increased in July, 1899. from $250,000 to $500,000.
W.
Organization—A consolidation in 1897 of Urbana & Champaign
Electric Ht, Cham. Elec. L. & P., Cham. & U. Gas L. & Coke and West
End Park Co. Population of Champaign in 1896 was said to be 10,000
of Urbana, 7,000.
Dale. Inleresi. Outstand'g. Maturity.
Bonds—
Stock
atock $5*10,000
$500,000
1S97 5g. J-D 2r.0,000 June 1,1917
U. & C. Ry. G.& E. M.,$250,-)
000, g., 8. f., *8,000 yr. June Mnt. at 111. Tr. & Sav'gs Bank, Chicago,
',1900andafter($l,000).c*) trus., or at Chase Nat.Bk., N. Y. City.
&
1899
5
$185,000
July 1,1929
Of the new issue of $500,000, $250,0
are reserved to retire first
bonds, $65,000 set aside for future needs, and remaiuiiig, $185,000
issued.
Road -Operates
9 miles of track.— V. 69, p. 232.
Officers.- President and Mgr., W. B. McKinley, Champaign, 111.;
Vlce-Pres., Geo. F. Duncan, Portland, Me.; Secy, and Trea«., Edward
Woodman, Portland, Me.
CHARLESTON,
S. C.
Population 1890 was 54,955; in 1880 was 49,984;
AND in 1870 was 48.956.
CHARLESTON CONSOLIDATED
& ELECTKIC CO.
CHATTANOOGA ELECTRIC RAILWAY CO.
of Chatt. Electric Ry. foreclosed.
the Chattanooga roads was in November, 1899, denied so far as this company is concerned.
Date. Interest. Outstand'g. Maturity.
Bonds—
Stock
$645,000
Stock authorized, $645,000
Jan. 1, 1919
1st con. M., $625,000, gold. > 1898 5g J-J $576,000
c* 5 Int. at Maryland Tr. Co., Bait , Trustee.
not subject to call
Bonds— Of 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.— V. 67, p. 1206.
Road— Has 32 miles of track on 25 miles of street. Considerable improvements made, many of the linos having been rebuilt. To bo
Organization— Successor, 1896,
Reported consolidation of
all
&
5,103;
URBANA & CHAMPAIGN RAIL^WAY GAS
^O00°au%*.t'..^.?:^.*'^.';..'.*^".^.'."l
Population 1890 was 29,100; in 1880 was 12,892;
AND IN 1870 WAS 6,093.
extending from
in length,
Population 1890 was 6,619;
CHATTANOOGA, TENN.
1931
& Tt., Trustee, Boston.
American Loan
RY-
GAS
extended to Sherman Heights and to Rossvllle.
Officers Ceiected Dec, 1897j— President and Treas., J. H.Warner;
Vlce-Pres. and Sec, Edwin Warner, Nashville, Tenn.— V. 67, p. 1206;
V. 69,
p. 78, I'/S.
CHATTANOOGA & LOOKOUT MT.RR.-Steam.
Organization- A reorganization of the Chat. & L. M. Ry. Operated
by and in connection with the Lookout Incline <fe Lula Lake Ry., operating a cable road from Chattanooga to the top of Lookout Mountain,
88 miles. No stock or bouds had been issued to Jan. 1, 18vi9.
Road.— 15 miles of track. Extensions proposed to Rook City &
Lula Lake, 6 miles. That portion of the road on the summit of the
mountain is to be equipped with electricity.
Officers— President,
J. T.
Crass; Auditor,
CHATTANOOGA RAPID
Wm.
A. Bird.
TRANSIT.-Trolley.
Reported consolidation with other Chattanooga roads had not been
carried out up to November, 1899.
Organization.-Chartered in 1897. In March, 1898, leased from
the Belt Ry. the exclusive right for 45 years to conduct passenger,
mail and express traffic ou 14 miles of the latier's lines, but In April,
1899, new lease made covering only mall and express business.
.
:
STKEET RAILWAYS.
24
&
31. Report for 1898 was
and gave earnings, etc., as follows
Annual Report—Fiscal year ends Deo.
Maturity.
Date. Interest. Outslmiding.
Bonds—
Stock
$200,000
Stock. $'200,000 (par «10")
6 g. J-J
(!)
I8t Mort., $'200,000, gold 5 1898
Iiir. at Cit. Bk. & Tr. Co., Chatt., trustee.
(
($1,000 each)
Road.— On May 1, 1899, owned 1 mile of road; leased 14 miles; total
operated, 15 mile.s. Extension of live miles to Cliickamauga Park
<under privilege granted by Congress), begun May 1, 1899, will be
Tear ending Dec. 31—
Gross earnings
Op. expen. and taxes
ready for operation about Dec.
Interest on bonds
Officers.— President,
port; Secretary,
W.
S.
W.
l-"*.
Divine; Vice President, G.
W. Daven-
B. Royster.
SIGNAL MOUNTAIN RAIL^VAY-
OrQanization— Successor to Chattanooga & North Side Street Ry.,
June 24, 1896, for $8,100. Capital stock Is $500,000. No bonds. Owns 3 ^2 miles main track and 1 mile sidings; leases
North Chattanooga St. Car Co., 212 miles main track and \ mile sidings;
total track, including sidings, 7% miles. Pres. and Treas., John Orr.
sold in foreclosure
V. 68, p. 127,
1898.
$4,832,806
2,926,490
1897.
$4,816,516
2,908,982
1896.
$4,808,867
2,977,209
(60-97)
(60-84)
(61-96)
P. c. op. ex. to earns.
Net earnings
Reconstruction
Dividends
in
$1,906.3 1 6
$1 ,907.534
$1.831 ,658
$207,877
9",000
$207,877
50.000
$207,877
H 181,568
(12p.c.) l,440,000(12p.c.) l,440,000(12p.c.) 1,289,787
Balance, surplus.
$152,426
$168,439
$209,657
Includes in 1896 depreciation and new rails.
NET earnings FOR 9 YEARS.
1898
$1,591,510
$1.906 316 1895
$1,669,098 1892
1897
1.90-.534 1894
1.338.882
1.425.934 1891
1896
1.139,897
2,637.949 1890
1,831,658 1693
Officers— President, David G. Hamilton; First Vice-President,
Joseph Leiter; Treasurer, T. C. Penington Secretary, F. R. Greene.
Directors— (./an. '99) Samuel W. Allerton. Joseph Leiter. D. G.
Hamilton, George H. Wheeler, Wm. B. Walker, George T. Smith. M. K.
Bowen; the latter subsequently died and was succeeded by Arthur
Orr.— V. 67, p. 1206. 1308 V. 68, p. 86, 127, 129, 231, 725, 1131.
II
;
CHESTER, PA.
1890 WAS 20,226; IN 1880 was 14,997;
AND IN 1870 WAS 9.485.
Statement of Chester Traction will be found under " United Pawer
A- Transportation " at end of Philadelphia.
PoPDLATiox
IN
CHICAGO,
WAY.—
&
ILL.
CHICAGO RAIL-
a trolley road.
in 1899 to build from Chicag > to
via Wheaton, 111. Stock authorized, $1,500,000.
Officers— President, B. Mahler, Cleveland, O.; Treasurer, M. J.
Mandelbaum, 1019 Garfield B'ld'g, Cleveland, O.; Secretary, Edward
Dickinson, Chicago. Office. Chicago Title & Trust B'ld'g, Chicago, 111.
Organization- Incorporated
Aurora,
CHICAGO CITY RAILWAY TRANSIT
CO.-
See Chicago Citv Railway.
Population 1890 was 1,099,850; in 1880 was 503,185;
AND IN 1870 was 306.605.
AURORA AA^HEATON
To be
;
111.,
CALUMET ELECTRIC STREET RAILWAY. —A trolley road. control passed to the National Bank of
Receiver— In May, 1S97,
now in liquidation, (which holds $483,500 of the stock and
$2,944,000 of the 58 of 1894) and a receiver was appointed. Receiver,
Gen. McNulta; in May, 1898, was authorized to expend $60,000 in
CHICAGO CONSOLIDATED TRACTIONElectric roads.
Organization -In Feb., 1899, was organized to unite the suburban
leased lines of the North Chicago and West Chicago systems.
It
acquired the stock of the following mads (V. 68, p. 769).
Stock
^Trac.Stlc.Iss.Therefor.-^
Outsland't/.
Amimnt.
Hate.
Name.
$
Chicago Electric Transit
North Chicago Electric
Chicago North Shore St. Ry
North Side Electric
%
'
1,500,000
2,000.000
$
3.750,000
3.500,000
r'50
175
Leased to North Ciiicago Electric.
200
3,000,000
50
500.000
1.550.r00
62
^5
1,100,000
55
1,100,000
1,500,000
Evanston Electric
1,000,000
Cicero & Proviso
2,500.000
Ogden Street Railway
i.OOO.OOO
Chic. & J ett'ersonUi-ban Transit 2,000,000
Illinois,
improvements, and 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. But in July
Gen. McNulta, as receiver of the bank, was authorized to advance out
of the funds of the bank the amount necessary to pay up the indebtedness of the railway; another order was made allowing the receiver to
take up all the receiver's certificates heretofore issued.
interest. Outsland'g. Last div., <Cc.
Date.
Bonds
Stock
$500,000
Stock ($100) (see text)
195.000 Red. at option
Receivers' certificates. .. 1897 8 6 p. c.
5 p. c.
(1)
Do. (auth'rized $850,000) 1899
51.000 Sept. 1, 1912
]8tM..gold.red. at 110. 1892 6 g. M-S
2,949,000 Nov. 1, 1909
Cons. mort. ($3,000,000). 1894 5 g. M-N
Default— Interest due May 1, 1897, on 5s of 1894 was not paid.
PQ^D—Operatea a road, mostly doubled-tracked. embracing in all 72
mUes of track owned and 5 miles leased. This road connects with
Cottage Grove Avenue Cable, Alley Elevated and Illinois Central, and
reaches South Chicago, Pullman, West Pullman, Auburn Park, Burnside and Manhattan Beach. 78-lb. rails.
Earnings- 7 months ending Dec. 31, 1898, gross, $128,030; operating expenses, $114,358; surplus, $13.«72.
Directors.— President, John Parson; Secretary and Treas., H. B.
White.-V. 67, p. 1002; V. 68, p. 1074; V. 69, p. 1063.
&
—
Qj^jQAGO
CITY RY.— Horse, cable and electric road.
Organization— Incorporated in February, 1859, and has extensive
flarface road privileges in the south division of Chicago. In Feb., 1898,
the Chicago City Ry. Rapid Transit Co. was incorporated with a capi.
talof $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. In June, 1898,
it was reported that the General Electric Ry. had been purchased for
$9.'^0,000. V. 66, p. 1188.
Is understood to have acquired in 1899 the franchises of the projected Union Transit Co., but it seems unlikely that these franchises
-will be availed of.
Outstanding. Last div., <tcInterest.
Date.
<5Tnrt< A- BoNDS
text,Q-M.31 $13,000,000 Sept. 1,'99.3%
Stock ($100) (see text)
( Subject to call
Gen. M $6,000,000 >
4,619,.500^ on 60 days
1887 41^ J. - J.
($100) ($500) ($1000) V
Hutchinson.
notice.
(
c*) Trustee, C. L.
4 la, currency
Stock— Amount of stock was placed at 100,000 shares of $100
«ach, with right to increase the same at pleasure of the company.
January. 1896, $2,000,000 additional stock was authorized for building
new electric lines, making total stock $12,000,000; of this, $1,000,000
Issued July 2 and $1,000,000 on Oct. 2. 1896. See V. 62, p, 183. In
Jan.. 1898, it was voted to increase the stock to $14,000,000 to pay
for the General Electric Ry. and provide for improvements. V. 66, p.
Of the $2.000,00J new stock, $1,000,000 allotted to
1188, 1236.
stockholders at par in proportion to their holdings was Issued July
—
.
1,
1899.
.
V. 68, p. 231, 1131.
Bonds— The bonds
outstanding are of the denomination of $100,
$500 and $1,000 each and are secured by a general mortgage executed in 1887. The mortgage is limited to $6,000,000 and the bonds
are due July 1. 1901, but subject to call any time on 60 days' notice.
Dividends— UsuaUy 12 per cent, were in 1893, 24 per cent; in 1894. 12
c; 1895, 15 p. c; in 1896, 12p. 0.; in 1897, 12 p. c; in 1898, Mar., 3 p.c;
June, 3 p. c; Sept., 3 p. c; Dec, 3 p. c; in 1899, Mar., 3 p. c; June.
3 p 0.; Sept., 3 p. c.
Road— On Jan. 1. 1893, company operated 197 miles of track, viz.:
Cable road, 35 miles; electric, 157 miles; horse, 5 miles.
p.
12,500,000
14,500,000
In addition, $500,000 of Chicago Consolidated Traction stock was
sold for cash, making with the foregoing the full total of $15,000,000
stock outstanding.
Stock is listed on the New York Stock Exchange.
Registrar in New York is Central Trust Company; in Chicago,
Equitable Trust Company.
Stocks and Bonds.—stock is $15,000,000. Company has no mortgage indebtedness, but assumes the bonds of the constituent companies, and the lease of the Chicago & North Shore. It has agreed to
guarantee the bonds of the subsidiary companies.
general balance sheet
Assets
FtB. 27, 1899.
Liabilities
&c
$20,953,465
Real estate.
13.313
Material & supplies.
3,996
Cash in bank
286,779
Bills & accounts rec
73,066
Suspense accounts ...
8,948
Chic. Nor. Sho. St. Ry.
Co.le8.(acct. paving)
10,285
Construction,
.
.
—
Capital stock
$15,000,000
1st M.6 per cent bonds
4,357,000
Cons.5
p. c.
bonds
C.
&
P. Street Ry
Stock of C. N. S. Street
1,078,000
Ry. (6 p. c. guar)
Accounts nayable...
Bills payable
Unpaid coupons
Accrued coupon int...
650.000
59.603
12,485
1,H60
65,560
.
Accr'd r'nt'l of leased
rd8.(C.N.S.8t.Ry.Co)
Employes' deposits
Deferred paving
Unearned advertising
Surplus
10,125
2.930
11.070
240
100.979
Total....
$21,349,852
Total
$21,349,852
Earnings. —Earnings of the constitutent companies for the year
ending December 31, 1898, are reported as follows: Gross, $1,026,
780; net, $406,292; fixed charges, 337,458; balance, surplus, $68,834.
Road.- The property embraced in the constituent companies consists of 206 miles of single track electric street railway, located in the
City of Chicago, the township of Cicero, and the City of Evanston, all
in Cook County. The lines extend over the entire north, northwest,
west and southwest sections of the City of Chicago and connect at
their respective terminal points with the lines of the North and West
Chicago Street RR. systems, over which passengers are carried originating on the lines of the Consolidated Traction and vice versa.
Rails are Johnston girder, 75 to 85 lbs.; gauge 4 ft. 8i« in.
Equipment.— Motor cars, 269; trailer cars, 62; motor equipment
208.
Officers AND Directors.—President, Charles T.Yerkes; Vice-President, L. S. Owsley; Secretary and Treasurer, C. F. Marlow. Directors
—John R. Walsh, Charles T. Yerkes, B. B. Lamb, H. G. Foreman, and
irvey T. Weeks. Transfer and General Offices.— b^ Wall Street, New
York, and 617 Royal Insurance Building, Chicago.— V. 68, p. 86, 330,
H
472, 722, 769. 976.
Roads onrued or controlled by Chicago Consolidated
Traction <'o.
ELECTRIC TRANSIT— Acquired
CHICAGO
Feb., 1899, by the
(1)
Chicago Consolidated Traction Company, which gave *250 of its stock
for $100 of the stock of the Chicap'o Electric Transit,
Date, interest. Outstandnq.
Vaturity.
Bonds—
Stock
Stock
$1,.500,000
lstM.,gu.seetext,noopfn 1894
6 F-A
1,097,000 Aug. 1, 1914
Interest is payable at office of trustee, the Illinois Tr. & Savings Bank.
.Bonds—The mortgage provides for the issue 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
Issued. $842,000 are guaranteed by the We.st Chicago Street RR. and
$255,000 by the North Chicago Street RR. The Consolidated Traction
has also filed certificates guaranteeing the bonds.
&
STRT^ET
RAILWAYS
Road—Owns 35"71 miles of track on 17-85 miles ot street— a doubletracked paved electric road on Elston Avenue and Belmont Avenue,
Irving Park Boulevard and Crawford Avenue.
(2) CHICAGO & JEFFERSON URBAN TRANSIT— Stock held by
Chicago Consolidated Traction Company, which in Feb., 1899, gave
$55 per $100 for it in its stock.
Maturity.
Date. Interest. Outstanding.
Stock & Bonds.
$2,000,000
Stock $2,000,000
208.000 Nov. 1, 1915
6 M-N
Ist M., guar p.andi. .West? 1895
Chic. St. Ry.,8ee text... s Interest at Chicago office.
The first mortgage is for $2,000,000, but additional bonds may be
issued for extensions, etc. Trustee, Illinois Trust & Savings Bank.
Chicago Consolidated Traction has also agreed to guarantee the bonds.
Road—Owns 7"7 miles of track on Fulton, Morgan and Monroe
CICERO & PROVISO STREET RY.— Stock was exchanged
in
(3)
February, 1899, for that of the Chicago Consolidated Traction, the
latter paying 62 for it in its stock.
ORQANlZATiON—Was formerly leased to the West Chicago Street RR.,
which company guaranteed the bonds.— V. 64, p. 176. Consolidated
Traction has also agreed to guarantee the bonds.
Outstanding.
Maturity.
Interest.
Stock
Bonds.
Capital stock (par $100\.
$2,500,000
1st mortgage, 1889.
Nov."i','i904
6 "man
84,000
Consol. M, $2,500,000, )=„ ,f t t^
May 1, 1915
1,901,000
1895, g.. $1,000, gu., W. [
int st at 111 Trust & Sav'gs Bank, trustee
ill,
Chic. end
^
&
St
,
mortgage at Farmers* Loan & Ti-ust Co., N. Y. City.
1805 are reserved to retire the outstanding firsts
and $500,000 for improvements at not exceeding 75 per cent thereof.
Road— Operates 37-66 miles of track, from West 40th St. and W.
Madison St. through Moreland, Austin, May wood, etc.— V. 63, p. 1062.
Interest
on
1st
BoHrf.s'— Consols of
(^) OGDEN STREET RY.— A trolley road. Chicago Consolidated
Traction owns the stock having paid 55 per share for it in its stock.
Organization- Incorporated Oct. 1, 1891, and secured franchises
covering about 24 miles of street in Chicago, Cicero and Lyons, passing the towns of Hawthorne, Morton Park, Clyde, La Vergne, Berwyn,
and Riverside. Formerly leased to West Chicago Stieet Railway.
Date.
interest.
Stock &, Bonds
Outstanding. Maturity.
Stock,$2,000,000($100)
$2,000,000 ,
l8t
($1,500,000).... ) 1896
750,000 May 1,1916
gu.p&i.W. ( hie, end. 5 Trustee is Illinois Trust & Savings Bank.
Thesupplemenral mortgage, executed Jan. 22, 1898, limits the issue
of bonds to $1,500,000. Additional l.'-t 68 can be issued only for 75
per cent of the cost of new construction.- V. 66, p. 472. Chicago Consolidated Traction has agreed to guarantee the bonds.
ROAD'-Owns 34ifl miles of track.— V. 62, p. 779; V. 66, p. 135.
—
6MN
M
EVANSTON ELECTRIC RAILWAY.—
Organization- Organized in 1896 and operated in connection with
North Chicago Electric RR. In Feb.. 1899, when Chicago Consolidated Traction was formed stock of the latter was exchanged for that
of the Evanston Electric, on the basis of $50 for $100. Road runs
from Emerson and Sherman avenues to Wilmette, 2% miles (double
track).
Stock, $1,000,000. Mortgage is for $1,000,000 for 6 per cent
(Int. F. & A.) currency bonds maturing Aug. 1, 1916; issued $300,000,
guaranteed by the North Chicago Street Railroad. The Chicago Consolidated Traction also agrees to guarantee the bonds.— V. 63, p. 504.
(6) NORTH SIDE ELECTRIC STREET RAILWAY.— A trolley road.
Stock acquired by the Chicago Consolidated Traction in Feb., 1899,
the basis being $200 for $100.
&
Date.
interest.
Bonds—
Outstanding.
Maturity.
„ Stock
Stock, $1.500.000
$1,500,000
l8t M. cur., gu. p. & i. ) 1895
6 M-N
155,000 Nov. 1, 1915
(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 oonstraction; further bonds can be issued at 75 per cent of
cost of extensions and improvements. (See guarantee V. 62, p. 414.)
Consolidated Traction has al.so agreed to give guaranty.
Road— Runs from
Southport Ave. and Clark Street south to Harrison
Street, in all 6-58 miles of single track.— V. 62, p. 233. 414.
NORTH CHICAGO ELECTRIC
RY.-Trolley road. Stock owned
(7)
by the Chicago Consolidated Traction, which gave 175 for it in its
stock.
Organization, Etc.— Leases Clilcago North Shore St. Ry., and
guarantees interest and dividends. Lease assumed by Chicago Consolidated Traction.
&
Date, interest. Outstand'g. Maturity.
Stock
Bonds.
Stock..
.$2,0(»0,000
:...
1st M., $1,000,000 (not sub- ) 1894 8 F - A
868,000 Aug. 1. 1914
ject to call) gu. p. A i. end. 5 Int. at Illinois Trust (trustee) Chicago.
The bonds are guaranteed, $688,000 by North Chicago, $180,000 by
West Chicago Street RR. Consolidated Traction has also t greed to
,
,
guarantee them.
Earnings— For year ending Deo. 31, 1898, gross, $330,267; net,
$161,987; charges, $123,363 balance surplus for year, $38,624. In
1897, gross. $314,291; net,$153,621; charges $108,225. Company has
no power plant. In 1896 carried 6,189,000 passengers, against 4,267,;
493
&
Outstand'g. Last div., etc,
Date. Interest.
Bonds—
Stock
6 (3.- J. $650,000
Capital stock, 6 p.o.guar.
Apr. 1, 1912
675,000
1894
6g. A-O
1st M., .$1,500,000, g., /
"
Subj. to call at 105 any Apr. 1 after 1905
guar. p. A i. (end) .c* <
cM
The bonds, guaranteed by endorsement by theT^orth Chicago Electric
Railway, and the stock guaranteed 6 per cent per annum by the same
company, 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.
Road -Owns 712 miles double track; trackage No. Chic. St. RR. l^a
miles; total track operated 18 miles.
CHICAGO ELECTRIC TRACTION-Storageljafy,
Chicago Electric
History.— Successor in Jan., 1898, to Englewood <&
Ry., foreclosed per plan in V. 65, p. 728.
Maturity.
Date, interest. Authorized.
Securities—
Stock to be held 5 years >
m^ qqo 000
in voting trust
s
500,000 Jan. 1, 1929
1899 5g. J-J
Istmort., subject to call)
Manhattan Trust Co.,N. Y., & J. Kean, trus.
(see text) S
at 105, gold
New
streets.
(5)
25
in 1895.
double track, paved, electric road on Lincoln Avenue,
from the terminus of the North Chicago Street Ry. Co.'s cable line at
Lincoln and Wrightwood Avenues to Nortli 59th Street; also on Mil-
waukee Avenue, from the terminus of the West Chicago Street Ry.
Lawrence Ave. 6-75 miles in length;
Robey St line, 4-W9 miles Laurence Ave. line, 10-47 miles; Montrose
Co.'s cable line at Armltag-e Ave. to
,
;
line,
Consol. mort. incomes )
jggg
2,000.000 Jan. 1, 1929
5 ^.q
for o yOtirs ............ >
The holders of each of the old first mortgage bonds ($960,000^
recognized as valid received in exchange per $1,000 bond, if subscriconsolidated mortbing $300 in cash
First mortgage bonds, $300
gage, $1,000; i-tock, $2,000. Both mortgages may be increased to any
amount desired for new property, not in excess of $40,000 per mile
for first mortgage.— V. 68, p. 231.
Earnings.— Calendar year 1898, gross, .$61,238; operating ex;
:
penses, $53,204; net. $8,034.
Road— In Nov., 1899, 23 miles of track were in operation— from 63d
Cars began running Jan. 19, 1897. In Feb.,
St. to Blue Island.
1899,had acquired 2 miles of old horse car track in the town of Harvey
and let contracts for an extension, including 8 miles of track, from
Blue Island to Harvey, but only 5 miles had been computed up to
Nov., 1899.— V. 68, p. 231.
Officers— Fresident, Isaac L. Rice, New York; Vice-President,
Hoffman Atkinson, N. Y.; Sec. and Treas., J. S. Bache,N. Y.; Gen. Man.
E. R. Gilbert, Chic, 111.— V. 67, p. 1002; V. 68, p. 231; V. 69, p. 1063.
CHICAGO & FOX LAKE ELECTRIC RY —
between Chi-
Ohganization.— Incorporated in 1898 to build a road
cago and Fox Lake, 51 miles, of which 25 miles to be operated by electricity. At some point north of the city the passengers or cars will
be transferred and enter the city over one of the present lines of
steam railroad. Both passengers and freight will be carried.
Maturity.
Outstanding.
interest.
Bonds— Date.
Stock
Stock
;
(?)
Jan. 2, 1919
6
J-J
Ist mortgage, dated) 189^
(?)
Cleveland Trust and Royal Trust Co., Trustees.
Jan. 2. 1899
5
Road.— Fox Lake, 111., to Lake Michigan, 25 miles, reported under
&
All right of
construction.
way
secured.
Officems.- President, 8. P. Leland Secretary, R. E. Taylor Treasurer, E. C. Weeks; Manager, J. Woolridge.- V. 68, p. 186.
;
;
CHICAGO & MILWAUKEE ELECTRIC RY.
—A trolley road.
ORQANIZATION-Successor by purch<»8e to Bluff City Electric St. Ry.
operating 4 miles between Waukegan and North Chicago, and extended the road as shown below.
Maturity.
interest.
Outstand'g.
Bonds— Date.
Stock
$l,000,0»tO
Stock, $1,000,000.
1,1919
5g.
istM ^si'SOOOOO ^ (1899 111 J.-J. Sav. 1,000,000 JulyTrustee.
BBank. Chicago.
Tr. &
vVi iinn ap«h> n
S Int. at
(SDi.uuu eaon) c
trustees.
^clevel'dTrustCo. andRoyal Trust Co.,
Of 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.
Road— Length, 30 miles. Entire line, from Waukegan to Evanston,
was opened in August,l 899. By arrangement with the Chicago Milwaukee & St. Paul, giving the use of the piece of road between Evanston and the Union Depot in Chicago, the company will run through
trains from Chicago to Wauke<an. A large portion of road is built on
private right of way and there are no steam or electric crossings on
the entire line.— See description of road in V. 67. p. 900.
Officers— President. George A.Bali; Vice-President and Treasurer^
A. C. Frost; Secretary. George M. Seward.— V. 67. p. 900; V. 69, p^.
129, 178, 384.
CHICAGO GENERAL
RY.-An electric road.
Organization- Incorporated October 21, 1893, for 50 years. The
West & South Towns St. Ry. (formerly leased) was purchased in May,
1896, 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 two-cent fares on its branch lines (selling
12 tickets for 25 cents), without transfer, however, to main line.
Date, int.. Etc. Outstand^g. Maturity, etc.
Stock
Bonds—
8t'k, $10,000,000(par$100)
$500,000
1st M., $3,000,000, g.)
1895 5g.M-N
970,000 Nov. 1,1935
Red.aft. 10 yrs.at 105 ) Trus. is Merchants' Loan & Tr. Co., Oi loago.
W.<feS.Towns,lstM.,g...
16 1892 6g. F-A
164.000 Aug.. '02-12
The mortgage trustee is the Northern Trust Company of Chicago.
Road— In Feb., 1899, owned 20 >a miles of track and leased trackage b^ miles extends from Lake Michigan along 22d St.. etc.
Earnings— For year ending Dec. 31, 1898, gross, $119,738; net, $60,166; fixed charges, $55,202 bal., surplus for year, $4,964.
Officers.— President, (February, 1899), John H. Witbeck; Secretary, Joshua I. Jones Treasurer, Lawton C. Bonney.— V. 66, p. 183.
&
;
Road—Owns
Boulevard
'
9 15 miles.- V. 65,
p.
925; V. 68,
p.
725.
CHICAGO NORTH SHORE STREET RY.
Organization— Leased In 1894 for 50 years to North Chicago
tric Ry. Lease assumed by aiioago Consolidated Traction.
;
;
CHICAGO & SOUTH SIDE RAPID TRANSIT
RR. — ("ALLEY ELEVATED")— See
SOUTH SIDK ELEVATED.
CHICAGO UNION TRACTION
(8)
Elec-
—Cable and electric.
Organization.- Incorporated in Illinois June 3, 1899, by the Elkins-Widener- Whitney syndicate and purchased for $10,000,000 cash
J
STREET RAILWAYS.
26
the holdings of stock of Chas. T. Yerkes in the West Chicago and
North ( hicago roads. These holdings, it Is understood, consisted of
$3,200,000 West Chicago stock and $2,000,000 North Chicago slock.
Subsequently the two systems were leased, the West Chicago for a
yearly rental equal to 6 per cent on the stock and the North Chicago
for a rental equal to 12 per cent on the stock, the leases being dated
June 1, 1899. The Union Traction Company's holdings of stock of the
two reads
are to remain in trust "for all time" as security for the
p. 1131.
Stock and Bonds.—The $12,000,000 preferred stock was subscribed for at par, a bonus of 50 per cent, however, being given in
<M>mmon 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 $2,000,000
Is to be spent for improvements and extensions of the lines acquired.
leasee—See V. 68,
Dale. Bate.
«tock, com.,
Outstanding.
Divid's.
$20,000,000,
par$100
$20,000,000
Stock, pref. 5p.c., $12,000,-
000,par$100
12,000,000 Nov. 20, '99, 114%
Dividends— First dividend ou preferred shares Nov., 1899, 1^4 p. c.
Earnings- Four months ending Oct 31, gross is reported $2,638,155
in 1899, aga'nst $2,454,187 in 1898.
Officers.— President, Jesse Spalding, Chicago; Vice-Presidents,
W. H. Wilson, Chicago, and R. A. C. Smith, New York; Secretary and
Asst. Treas.,Marhham B. Orde; Treasurer, James H. Eckles; Manager,
John
Roach; Directors, William L. Elkins, Phil.; P. A. B. Widener,
Phil.; H. B. Hollins and R. A. C. Smith, New York; C. K. G. Billings,
Charles L. Hutchinson, W. H. Wilson and Jesse Spalding, Chicago.— V.
m, p. 725, 928,976, 1075. 1131, 1225; V. 69, p. 78,228, 384, 441.
M
(34 miles track) stock, the Chi. W. Div. Ry Co. owns a majority, 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.
Co. and to guarantee its fixed charges. 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 is a separate corporation.— V. 68, p. 86, 769.
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.
Oulsland'g. Last div., de.
Date,
interest.
Stock
Bonds—
Stock, $iO,000,000 ($100). text.
Q.-F. $13,189,000 Nov. '99,112
Ist mortgage, $4,100,5 1888 5
M.-N.
3,917,00- May 1.1928
000, $1,000. s. f
0} Trustee, Illinlos Tr. & Sav'gs Bank, Chicago.
612,000 Deo. 1, 1914
J. - D.
„*
Dehentnrfts $1,000.
Debentures, «1 oon ...0 5 1894 6
[ subject to call at par after 1899.
Consol. M., $12,500,000g. < 1896 5g. M.-N.
6,083.000 Nov. 1, 1936
($1,000 each)
c* < Trustee, Cent. Tr. Co.,N. Y. & G. Sherman.
Subsidiary titles
W.Ch.8t.RR.Tim.Co.lst5 1889 5 F. -A. $l,500,00r Feb. 1, 1909
guar. p. & i
end. c. t Trustee, Illinois Tr. & Sav'gs Bank, Chicago.
Power house mortgages.1888-9 5 p. c.
1928-9
204,000
Chi. vv. D. Ry. Co. st'k 100
$35Q.-J. 20 Seetext. Oct. 20, 1898
Istmort. 4i2S, ($1,< 00).. 1892 412J. -J.
4,070,000 July 1, 1932
Chic. Pass. Ry. Co. stock
1,340,300
5
Ist mortgage, cur
400.000 Aug. 1, 1903
F. -A.
1885 6
Consols. $2,000,000 cur- J 1896 5
1,306.000 Dec. 1, 1936
M.-N.
rency
Trustee, Equitable Trust Co., Chicago.
l
Chicago Electric Transit, etc., see companies following.
&
—
Interest is payable at
company's office.
Bonds.— Of the $12,500,000 consols under the mortgage of Novem(1) NORTH CHICAGO STREET RAILROAD.
ber, 1896, .$3,917,000 can be issued only on retirement of an equal
Organization— Incorporated under the laws of Illinois in 1886 " to amount of the outstanding first mortgage 58, and $2,500,000 for imconstruct, lease, purchase, or otherwise acquire horse, dummy and provements and
extensions at 75 per cent of the cost thereof. In Feb.
street railroads in Chicago and Cook County, Illinois." It controls the
ruary, 1897, a sale of $6,000,000 of the consols was made to a syndisurface street railroad system in the North division of the city of Chi- cate;
the proceeds were used to retire $2,000,000 debentures in
cago, through the purchase in 1886 of 2,501 shares out of a total of April
28, 1897, and the floating debt, and bonds are reserved to retire
5,000 shares capital stock of the North Chicago City Railway Co., said the $612,000 debentures subject to call in 1900. The mortgage covers
road being leased for 999 years from 1886. Franchise 99 years from 202-7 miles of track, including
West Chicago Street RR., 72-7 miles
Feb., 1865. Annual payment to city for electrical franchise, $10,000;
(owned); Chicago West Division By., 96 miles (leased), and Chicago
«ar license, $50 per car per annum, 1 3 trips per day to a car.
Pass. Ry., 34 miles (leased). See V. 64, p. 176, 333, 472. Chicago Pass.
In February, 1899, all the suburban leased lines of the North Cliicago
Ry. consol. 5s are reserved to retire the 1st and 2d 6s. — V. 65, p. 235.
and West Chicago systems were united under the name of the Chicago
<S<ocfc.— Recent issues— April, 1, 1893, $1,000,000; Aug. 1, 1893,
Consolidated Traction (a separate concern), which see.
$1,100,000, and Nov., 1893, $1,089,000.
In June, 1899, the North Chicago was leased to the Chicago Union
Chicago West Division Stock is $1,250,000, of which $625,100 Is owned
Traction for a yearly rental equal to 12 per cent on the stock,— V. 68,
by the West Chicago Street Co., the remainder ($624,900) being guarp. 1131.
anteed 35 per cent yearly under the lease. Ohicago Passenger Railway
Dale.
interest.
Outst'ding. Lastdiv.<£c.
Stock AND Bonds—
in 1896,
Stock ($10,000,000) ($100) ....
Q.—J $7,920,000 Oct. 15,'99,3% stock is $2,000,000, having been increased from $1,000,000
1st mortgage ($500), &c.) 1886
1906-9-16 but to Nov. 1, 1399, only $1,340,300 stock had bt-en issued. The
5
J- J
3,171,000
See text. Currency
5 Trus. Fide'y Ins. Tr. &Safe Dep. Co.of Phila.
West Chicago St. RR. Co. guarantees, under operating contract
Certs. 5-20S ($100) etc., cur. 1895
1900-1915
6 J- J
1,260,000
5 p. c. on original $1,000,000 stock, of which $730,000 is owned by
N. C. City iJy. Co. stock
Seetext
30 Q-J
See text.
Istmort., our'oy($1.000>.1880 6 J500,000 July 1,1900 West Chicago, as is also $730,000 of the issue of 1896.
2d M. ($2,500,000) cur. > 1887 41^ M-N
Nov.1,1927
2,500,000
General Finances.—Application dated June 29, 1897, for listing
Trustee, 111. Tr.& S.Bk. 5 Subject to call at any time.
the stock and bonds on the N. Y. Stock Exchange was given in full In
Stock of N. Chi. City Jty. Co. not owned by N. Chi St. RR. Co., $249,V. 65, p. 281, including general balance sheet of June, 1897, and de900 (par, $100), receives an annual rental of $30 per share. North tailed information regai ding the leases and finances of the company.
Chicago City stock for $250,100 is owned by North Chicago Street RR.
Dividends— ? 1889. 1890. 1891. 1892. 1893. 1894. 1895 to Nov., '99
Bonds-The N C. St. B.R. mortgage provides for the issuing (by and
7^4
9
6 per ann.
per cent.. 5 5
6
9
5
with the consent of the trustee) of bonds for permanent imRoad.—Jan. 1, 1899, owned 72-7 miles and leased 186-32 miles;
provements, in amount equal to 75 per cent of such Improvements. To total, 259-02 miles track, operated as follows: Cable, 3042 mile 3;
Nov., 1899, there had been issued: Dated July, 1886, due 1906, $1,- electricity 222 miles; horses, 66 miles. But Cicero & Proviso and
500,000; July, 1889, due 1909, $1,250,000; Jan., 1896, due 1916, Ogden Street Railway now operated by Chicago Consolidated Traction.
.$421,000.
Milet
Leased—
Owned—
Miles.
37-6*i
72-70 Cicero & Proviso
Has guaranteed $649,000 North Chicago Electric Ry. and $255,000 West Chicago St
1865
Ogden St. Ry
Leased—
Chicago Electric Transit bonds; also North Side Electric St. Ry., Chicago W. Div. Ry
9600 West Chicago Tunnel
$155,000 bonds, and Evanston Electric Ry., $130,000 bonds.
3400
Chicago Pass. Ry
Slock—North Chicago Street stock for $1,100,000 was issued in
Annual Report— Report for 1898 was in V. 68, p. 127, showing.
January, 1896, of which $550,000 for part payment of extra dividend
1896.
1898.
1897.
Tears endina Dec. 31—
$4,018,948
$3,899,918
$4,031,903
and $550,000 was offered to stockholders at par.— See V. 62, p. 41. In Gross earning".
2,138,378
1,929,664
Operating expenses
2,017,946
April, 1898, $1,320,000 additional stock was offered to stockholders
at par to retire $500,000 certificates of indebtedness of 1891 and for
$1,880,570
Net earnings
$1,970,254
$2,013,957
Itines Controlled.
.
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, the dividends being pityable to Chicago Union Traction Co.—
V. 66, p. 761, 811.
Dividends. >1890. 1891. 1892. 1893. 1894. 1895. 1896. 1897. 1?98.
percent. 3 6»2
12
8
ll»fl
12
12 Below.
12
12
In 1896, 12 p. c. in oash, and 20 p. c. extra (10 p. 0. in stock and 10
In ISOsJ, Jan., 3 p.c; Apr 3 p. c.
p. 0. in 6 p.o. certificates of indebt.)
July, 3 p. c Oct., 3 p. c.
Miles
Road—On Nov. 1, 1899. Miles.
Cable
1812 Electric trolley
7527
,
;
I
|
Horse
-94
1
I
Total track operated
Annual Report— Fiscal year ends December 31. Report
was in V. 68, p. 127, and gave earnings as follows:
Tear ending Dec. 31—
1898.
1897.
Gross receipts
Neteamings
Int., rental, taxes, etc
Dividends paid
$3,015,323
$1,624,642
543,665
(12%)870,957
$2,911,551
$1,591,625
636,462
(12%)791,943
94'33
for 1898
1896.
$2,913,710
$1,519,322
524,231
(12%)758,901
Balance, surplus
$210,019
$163,220
$236,190
Total surplus Dec. 31
$830,741
Officers.— President. Daniel T. Hunt, Chicago.—V. 67, p. 221 V.
66, p. 86, 127, 330. 725. 928. 976, 1075, 1131, 1225 V. 69, p. 78.
;
;
(2) WEST CHICAGO STREET RB.-rSce Map page 27.)
Organization— Incorporated July 19, 1887 under laws of Illinois.
Leases.— Control of tne OM. W. Div. Ry. (96 miles track) was ac«
quired 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 bondH
toeing assumed— see V. 65, p. 281. Of tha Ohicago Passenger Ry. Co
Rental of leased roads
Coupon
interest
Other interest and taxes
Balance for dividends
Dividends paid
)
>
1,198,000
1,136,185^
$493,408
241,800
280,907
815,957
791,340
$834,069
791,340
$864,455
791,340
)
sur.$73,115
sur.$42,729
Balance
8ur.$24,617
$1,795,733
Total surplus Dec. 31
Officers.— President, Daniel T. Hunt, Chicago.—V. 67, p. 221; V
68, p. 86, 127, 330,725,928,976,1075, 1131,1225; V. 69, p. 78.
RAILWAY".OENERAL ELECTRIC obtained a twenty- year
franOrQANIZATION— In January, 1896,
chise for a system of lines south on Dearborn Street, etc., and In
February, 1897, additional franchises were granted, the company 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 yearlv.
&
Maturity.
Outstanding.
interest.
Bonds— Date.
Stocks
(0
Stock, $5,«iOO,oOO
abt.$300,000
Oct., 1916
1896
5g. A-O
Ist M., gold
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
further extensions and improvements. Trustees, Title Guarantee &
Trust Co. of Chicago and State Trust Co. of New York.— V. 66, p. 1188.
LAKE STREET ELEVATED RR.-An
electric road.
Organization —Chartered August 24, 1892. Debt has been mostly
readjusted under plan of February, 1895 (in V. 60, p. 391), by which
the Northwestern Elevated BR. Co. guarantees new debenture bonds.
Operation by electricity was resumed Sept. 20, 1896, but experiments
being made with compressed air.
STREET RAILWAYS
27
MAP OF THE
WEST CHICAGO STREET RAILROAD
pauk'.'
-•-»-
CHICAGO, ILLINOIS.
V
J
STREET RAILWAYS.
28
Oul.iland'g. Maturity, etc.
Date. Interest.
Stock &, Bonds—
Stock, par $100
$10,000,000
3.913,300 July 1, 1928
Gold debentures; p. & i. ) 1895 5 Jguar, by N. W. El.
Trustee, Northern Trust Co., OMcago.
J
955.800 July 1, 1928
Inc. deben.. «., uoncum., ) 1895 5 Feb. 1
$500 & $1,000 bonds. 0. S
Subject to call at 101 on any Feb. 1.
Bonds not assenting to plan of 1895—
174,000 July
605,000 July
947,000
J-J
^
3(5)
^?Se^i tex?)^?.'""':''^!''!f I
Ziegler bonds "(text)
1893
—J-J
Bills payable Dec. 31, '98
Interest payable at Northern Trust Co.
Trustees of Ist mortgage were Farmers'
Do
1.
1,
1928
1928
Trust Co., the latter having been held incompetent to act, but case appealed to U. S. Court.— V. 66, p. 123"; V. 67, p. 75.
A^ote.— The total issue of llrst mortgage bonds was $7,574,000, of
which in 1898, $881,000 had not assented to readjustment plan
of 1895. Of these last $102,000 were in the treasury, while $605,000
held by Mr. Zeigler are still in litigation and receiving no interest; the balance. $174,000, is allowed to receive interest at 3
per cent per annum, or 60 per cent of lace of coupons. Holders of flrst
58 who assented to plan received in exchange for their principal 60
per cent in guaranteed debentures (total issued $4,015,200, of which
$102,000 in treasury), and 15 per cent in incomes (total issue $1,003,
800, of which $48,000 in treasury).
Slock— In May, 1896, trust certificates representing Lake Street
stock for $5,009,300 were oflfered to stockholders of Columbia Con
struotion Co. at $18-90 a share; the stock itself will be held in a tenyear voting trust. —V. 62, p. 908.
Bonds—The gold debentures are secured by deposit of the old bonds
with the Northern Tr. Co.; their p. and i. are guaranteed by the Northwestern Elevated RR. Co. When all the old bonds have been exchanged, they wiU be reissued to the extent of 60 per cent, and the
balance canceled.
Road Owns in Chicago a double-track elevated railway. Market
Street from Madison Street to Lake Street, thence to the Western city
limits, being 6 2-5 miles, equal to 14^4 miles of single track. Connects
with Suburban RR. for traffic outside the city. V. 65, p. 236.
Trains
began running over the Loop line in March, 1897. In 1898 acquired
franchise for 1 mile road elevated and l^a rades surface, which wUl be
built by the Cicero & Harlem Ry. Co.— which see below; this piece was
opened April, 1899.
Report— Fiscal year ends Dec. 31. Report for 1898, V. 68, p. 128.
1898
1897
1898.
1897.
Gross
$633,403 $579,961 Taxes
$13,849 $18,612
Oper. exp
Int. charges.... 259,344 257,479
324,947 329,124
Loop rental
6l,9i4
15,707
—
Net re venue..
$308,456 $250,837 Bal.,def. foryr. $26,691 *$40,961
Extraordinary improvements in 1897 $31,880, making total
deficit for year $72,841.
Officers— President, D. H. Louderback; Sec. andTreas. (May, 1897)
Howard Abel, 444 North Clark Street, Chicago.—V. 68, p. 128.
*
CHICAGO & HARLEM STREET RAILWAY.— Name changed from
& Harlem.
Cicero
Organization— Chartered as an extension
interest.
Date.
Stock & Bonds—
Stock
mort.,
unlimited,
)
1899
5
of the
Lake
St.
Elevated
Maturity.
Oa,tsland'g.
(?)
M&N
(?)
May
1,
1939
$1,000 each
Equitable Trust Co., Chicago, Trustee.
S
The first $1,000,000 of bonds are to be certified from time to time as
new road is built; additional bonds to an unlimited amount may be
issued for 75 per cent of the cost of roads built or acquired.— V. 68, p.
1074.
Road -One mile
and 1^2 miles of surface and incline
Also has the right conferred by the Cicero
Town Board, to build an additional north and south line of about two
miles. President, D. H. Louderback; Secretary, Howard Abel.—
66, p. 759; V. 68, p. 1074.
Opened
road.
Road— From the Board of Trade Building westerly about 6 miles,
with branches; total length, 16'15 miles; the flrst 1*81 miles are
'our tracks, the rest two tracks, making total double track miles 17-96.
Road began using loop in October, 1897. The road is operated by
electricity. See. V. 58, p. 866. Right of way is owned in fee and mortcraged to secure the bonds; 55 motor cars and 125 passenger cars.
Earnings—Jan. 20. 1897. to Nov. 1, 1898: Gross, $1,840,446; payrolls, supplies, etc., $l,534t079; net earnings, $306,367. Year ending.
Sept. 30, 189
during which loop was used, gross, $1,170,363; net,
$370,330. Jan. 1 to Nov. 30, 1898, gross, $i ,121,624; net, $440,564.
Passengers -From Jan. 1 to June 30,1898,6 months, passengers
carried 11,873,310, against 7,953,998 in 1897. For year ending Sept.
30, 1898, during which loop was used, 22,486,377.
Officers— President, Dickinson McAllister; Sec. and Treae., George
Higginson, Jr.— V. 68, p. 40, 130, 282, 773, 1133; V. 69, p. 554.
,
Loan & Trust Co. of N. Y.
and American Trust & Savings Bank, Chicago. In June, 1898, the
Equitable Trust Co. was appointed la place of Farmers' Loan &
l8t
1
of elevated
April, 1899.
LOOP R.OAD.—See Union Elevated.
METROPOLITAN TRACTION
NORTHERN ELECTRIC
1894
RAILAA^AY-
50 years Capital stock la
mortgage bonds dated ls94, due June 1, 1914, $50,000;
trustee, Chicago Title & Trust Co. Owns 5 miles of track from 56th
to 68th Streets on North Ave. Extension to Franklin Park planned.
In May, 1899, a controlling interest was acquired by Cleveland peo-
Organization— Chartered
$50,000.
in
for
Ist
ple.
Officers —Pres't, B. Mahler; Sec. G. W. McKisson; Treasurer, Ed-
ward Moore.—V.
63, p. 1077.
NORTHM^ESTERN ELEVATED RR,Organization— In Dec, 1898. obtained loan of $4,500,000 from
syndicate headed by Blair & Co. of New York, upon its notes, payable
on or before 18 months from date, bearing 5 per cent Lntere8t,8ecured
by deposit with tU. Trust & Sav. Bank, Trustee, of the company's entire capitalization, as reduced, $5,000,000 1st 58, and $5,000,000,
each of common and preferred stock. Construction actively under
way, and it is hoped to have the road in operation by May, 1900. —V.
67. p. 1357.
In October, 1899, it was reported that an offer of $13,000,000 cash
for the property, made by the Wide ner-Elkins syndicate, controlling
the Chicago Union Traction, had been refused by BJair & Co. Stockholders are to vote Dec. 29 to authorize a new 40-year 5 per cent first
mortgage for $5,000,000 to take the place of the mortgage of 1894;
proceeds will be used to pay the Blair loan, thus releasing the holdings
of stock now tied up.
Maturity.
Date, interest. Outstanding.
Stock and Bonds—
Stock, $5,000,000
a$5,000,000
a 5,000,000
Pf.8tock.5p.c.,$^,000,000
1894 5« F-A a 5,000,000 Aug. 1, 1944
1st M.. $5,000,000
Illinois Trust & Savings Bank, trustee.
a All deposited as collateral for 5 p. c. loan of 1898 for $4,500,000,
due June, 1900, but subjectto call any time at company's option. See
above.
Northwestern Elevated has guaranteed the debenture bonds of the
Lake Street Elevated.
Ool^imbia Construction Company.— Con\x?iC,t to buUd Northwestern
"L" canceled in Jan., 1898. Construction Co. stockholders to receive
$4,000,000 each of "L" preferred and common, or about $93'74 of
each class for each $100 of Construction Co. stock.—V. 68, p. 127, 131;
V. 69, p. 744, 1013.
The amount paid in on the stock of the construction company and
already expended upon the property aggregates $4,166,000, making
the total cashraisbd, including the Blair loan,$8, 500,000,— V.67,p.l356.
Annual REPORT-For 1898 see V. 68, p. 127.
Road—The road starts at the intersection of Wilson and Evanston
avenues, seven mUes from the Court House, and will have 5-52 miles
of four-track, 92 miles double-track. All superstructure will b« completed the present year (1899), and road expected to be in full operation by May, 1900.
Officers— President, D. H. Louderback; Vice-President, E. L. Brewster Sec. and Treas.. Howard Abel.— V. 66, p. 184, 1 89; V. 67, p. 737,
1264, 1357; V. 68. p. 127, 131; V. 69, p. 744.
;
SOUTH CHICAOO CITY RAILWAY
CO.-
Organized in June, 1897, by parties iaterested in General Electric
By. Has franchises for about 200 miles of streets in Cook County.
No road constructed to latest dates. In Nov., 1 898, the United Trac~tion Co., with a capital stock of $500,000, was reported to be organized by parties interested in the Met. Traction.
CO.-
Organization— Incorporated May 31, 1883. Operates two lines
from Jackson Park to 106th Street and the Indiana State Line. Hammond Whiting & East Chicago is controlled in same interest.
Maturity.
Date, interest. Outsta'id'g.
Stock & Bonds—
$1,603,800
Stock ($2,000,000 auth.)
50,000 July 1, 1910
1890 5 J-J
l8t mortgage, currency
1893 5 g.A-O
1,513,000 Apr. 1,1913
1st mort. $5,000,000, gold?
$1 ,000
S Int. at Illinois Tr. & Sav. Bk, Trustee, ChioROAD— Owns 34 miles of track in Chicago and controls lue Grand
Crossing & Windsor Park RR. Co., 3 miles; total 37 miles. Rails
75 and 85 lbs, Hammond Wliiting & E. C. Electric gives a line to
Whiting, East Chicago and Roby (Ind.), and makes a direct route of 14
miles from 63d St. 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.
,
Stock
& Bonds—
Date.
interest.
Outstand'g,
Maturity.
Stock, $10,0 O.OOO
(1)
Ist M., $2,000,000, gold
1897
5 g. F-A
(I)
1917
Bonds, $1,000 each. Equitable Trust Co. trustee, and the State Trust
Co. co-trustee.-V. 65, p. 27, 278.
METROPOLITAN WEST SIDE ELEVATED
RAIL WAY— An electric road.
Organization— Successor on Feb. 3,1899 (per plan in V. 67, p. 126).
to the Ruilroad Co. sold under foreclosure on Jan. 4, 1899. Extenelons to Cicero, Proviso, Lawndale and Leyden are authorized by
articles of incorporation. V. 68, p. 130.
Date,
interest. Outstand'g. Maturity, etc.
Stock
Bonds—
Com on stock
$7,.50(»,000
Pref st'k, 5 p.c. non-cum
9,000,000
9.600,000 Aug. 1, 1938
IfttM $10,000,000, jroldP^^S 4g.
ist M., SlOflOOOOO gom (jgjj^ ,j,j.^g^ (,p
j^ Y., and G. Shennan, trus.
^
The title to the common stock is to be vested for five years (unless
n any one year during that period dividends of five per cent shall
have been paid onthe preferred stock) in Frederic 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 lieu or charge upon or
for the lease or sale of the property of the company without the coneent of a majority in amount of voting trust certificates. —V. 67, p. 789.
Has guaranteed $407,000 bonds of Union Consolidated Elevated.
&
1
.
1,
FA
SOUTH SIDE ELEVATED
VATED")— An
RR.-(" ALLEY ELE-
electric road.
Organization— Successor January, 1897, to Chicago & South Side
RR. (foreclosed per plan V. 63, p. 1158).
Road— Owns elevated road in operation in Chicago upon a purchased
R. T.
way from Congress Street to Jackson Park, 8-56 miles of
double and triple track; total track said to be 18-62 miles. Operation
of trains over the " Loop " (Union Elevated) began October 18, 1897.
Electricity was introduced as motive power late in April, 1898.
Date. Interest. Outstanding.
Maturity.
Bonds—
Stock
$10,323,800 Sep. 1, "99,
Stock, $10,323.800
4i«
750,oOO July 1, 1907
Ist mort., $1,500,000, ) 1897
Trustee, 111. Tr, & Sav, Bank, Chicago
red,,seetext; currency. )
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 five years from date at 10,5 and after five years at 102;
denominations are $500 and $1,000— See V. 64, p.843.
right of
&
STREET EAILWAYS.
Dividend.— Firat dividend of
1
per cent (out of earnings for fonr
months ending April 30, 1899) was paid May 1,1899; Sept. 1, 1899,
1 per cent was paid.
Annual Report—The annual report for 1898 was in V. 68, p. 2281898.
1897.
Pass, earns.... $H4, 92" $61l,«75
25,470
Other earnings. 33,403
1898.
1897
Op. ex. &taxe8.$682,386 $515,402
receipts... $295,944 $121,943
Net
Int. on bonds.. $22,.500
Gross receipts.$978,330 $637,345
Officers— Piesident, Leslie Carter; Secretary and Treasurer, J. H.
Glade. Office, 47 Congress St., Chicago.— V. 68, p. 228, 674.
SUBURBAN RAILROAD-A
trolley road.
Organization— Incorporated under general railroad law of Illinois
May, 1895.
interest.
Outstand'g.
Maturity.
Date.
Stock & Bonds—
....
$1,250,000
1.250,000 Mar. 2, 1916
^ Trustee is Chicago 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 be Issued for extensions built and equipped at
$50,000 per mile for double and $ !0,000 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
t^treet, through city of C'liicago, Cicero, Grossdale, La Grange, etc.
Leases (for 50 years) the Chicago Harlem & Batavla 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. A S. W. tracks from Harlem to River Forest and along
West 16th and 19th streets.
Officers— Pi<'sident (October, 1899). John M. Roach; Secretary,
C. S. Leeds.- V. 64, p. 331 V. 65, p. 236.
Stock, $1,250,000
latM «SOOOOno .'Old
l8tM.,*.3,000,000,goia.
s<1^9<^
M-S
5g.
;
UNION ELEVATED RAILROADOrQANIZATion— Incorporated Nov.
22, 1894, to build a loop road
oonnecting the four elevated roads with business centre of city.
Date, interest. OutstanWg.
Maturiti/.
Stock & Bonds —
Stock, *5,000,000(par $100)
$5,000,000 Sep. 1,'!>9,4%
IstM., $5,000,000, gold....
1895 5g. A-O
4,387,000 Oct. 1. 1945
Interest at Chase National Bank, New York.
L EASE— Operated under contract by the four elevated roads. Reutal
is one-half a cent for each paying passenger carried over any portion
of the respective lines, with a minimum aggregate rental equal at
least to the amount or interest charges, taxes, expenses of operation
and maintenance of the lessor company.—V. 65, p. 1127. See V. 66,
p. 617, 762.
Dividend— First dividend
of 4 per cent was paid Sept. 1 1899.
for year ending Nov. 30, 1898, with balance sheet,
•was given iu V. 68, p. 279, showing: Revenue from lessees, $335,966;
,
Report.— Report
other income, $1,636; int. on bonds, $210,054; expenses not borne by
lessees, .$8,786; balance, surplus, $118,763,
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.,
to Lake St. Road opened Oct. 10, 1897.
Trains of the Lake St.,
Metropolitan West Side, and South Side now operate over the loop.
Officers— President, C. T. Yerkes; Vice-Pre8iden% J. C. Moore;
Secretary and Treasurer. Howard Abel; General Manager, D. H.
Louderback.-V.
279, 284; V.
66, p. 762: V. 68, p.
69, p. 492.
UNION CONSOLIDATED ELEVATED RY.Orqanization— Formed
5th Ave. west to Market
erates
^a
Stock
Stock
in
St.;
1896 and built from Union Elevated at
thence to the Metropolitan W. S. El.; op
mile.
&
Bonds-
Dale.
int.
Outstand'g.
Maturity.
$1,000,000
Series "A" Ist mort., gold, ) 1896
5 g W-N
407,000
Nov. 1, 1936
gu. p. &l.byMet.W.S.El. 5Tru8tee,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. Newliu; Vice-Prest., C. V. Weston;
Sec. & Treas., H. Abel.
UNION LOOP.—See Union Elevated RR.
UNION TRANSIT CO.-A projected road.
Orqanization.— In June, 18t>8, made application for a tifty-year
franchise for about twenty miles of streets. Successor to the Great
Lakes Transit Company, incorporated Aug. 7, 1883. In 1899 acquired
by parties acting on behalf of City Railway. Xo work done and not
expected that project
will
be revived
29
CINCINNATI & MIAMI VALLEY TRAC-
TION—A trolley road.
In June, 1899, Will. Christy of Akron and M. J. Mandelbaum Of
Cleveland were elected to the directorate, and in November. 1899, It
was announced that this road together with tlie Dayton Traction and
the Cincinnati & Hamilton Electric, would be consolidated.
A bondholders' committee was appointed iu June, l>-99, and default
is understood to have occurred in the payment of the July coupon.
Organization— Chartered in 1896, with right to carry passengers,
freight, etc. Franchises run part 25 years and part 50 years. Road
opened July 12,3 897.
Stock
Bonds —
&
Date,
Stock, $650,000 ($100)
PirstmortgaKe. $6.50.000
($1,000) default July, '99
Guaranteed Loans —
Dayton Traction Lst M.,
interest.
O-Ustund'g,
Matiirity.
$650,000
<
1896
I
int. at
5 J-J
July
6.50,000
Finance Co. of Pa.,
1,
1917
Phila.. trustee.
July 1.1916
5g. J-J
$250,000
< 1896
(*l,000),int. guar..c* ( Int. at Finance Co. of Pt^nn., Phila., trustee.
Mar. 1,1913
6g. M-S
50,000
Debentures, gold, as-S
^ S. f., $2,000 yearly, beginning July. 1898.
sumed
Road— Operates from Hamilton to Dayton. O., 37 "a miles, of which,
Miamisburg to Dayton, ll^a miles, leased fr.im Dayron Traction Co.
g.
for 999 years from April, 1898, for dividends on stock and its guaranty of interest on $250,000 Ist 58 and assumption of $50,000 debenture 6s. V. 66, p. 1237.
Earnings— Oross earnings from Jan. 1 to Oct. 31,1899, $126,269.
against $101,200 in the ten months of 1898 —V. 66, p 1237; V. 68, p."
1225; V. 69, p. 26, 1011.
(1) DAYTON TRACTION-A trolley road.
Organization, Etc.— incorporated in 1893. Leased in isr 8 to Cincinnati <fe Miami Valley Traction Co. Lease runs for 999 years, from
April 18, 1898, guaranteeing dividends at 21a per cent per annum to
Jan. 1, 1899, then 3»« per cent to Jan. 1, 1900, thereafter increasing
under certain contingencies ^a per cent per annum up to 6 percent,
and to be 6 per cent without qualification after Jan 1,1905; also interest on $250,000 Ist 58 and principal and interest of $50,000 debenture 6s assumed.— V. 66, p. 1237.
In Nov., 1899, M. J. Mandelbaum, E. G. Tillotson and H. R Newcomb were elected directors (to succeed Stern & Silverman of Phila.),
and road is to be consolidated with Cincinnati & Miami Valley Traction
and Cincinnati & Hamilton Electric.
Stock
&
Bonds—
Date,
Stock
1 St mtge. $250,000
<
($1,000) a8S..c*
\
g.
interest.
Last div.
See text.
July 1, 1916
Outstanding.
$2.50,000
1896 5g. J-J.
250.000
Interest at Finance Co. of Penna., Phila., trustee.
Tfe^O^earlyS
-
^g- M-S.
Mar.
50,000
1,
1913
second track,
Connects at Miamisburg with Olnoin
nati & Miami Traction for Hamilton, Ohio.
Officers -President, John McMahon; Secretary, J. S. McMahon,
Treasurer, W. A. Stern.— V. 66, p. 1237.
Road— Dayton to Miamisburg, Ohio, Ilia miles of road;
II4 miles; rails,
60 and 70
lbs.
CINCINNATI LAURENCEBURO & AURORA ELECTRIC STREET RR. -To be a November,
incorporated
Projected
trolley road.
Organization—
trolley road,
in
1898, to build a line connecting ('inciunati with Aurora and Laurenceburg and with Rising Sun, thence to Madison, Ind., which will give a
total length of 70 miles. In Nov. 1899, line was in operation from
Anderson's Ferry to Aurora. In July, 1889, capital stock was increased from $35,000 to $750,^100.
Date, interest. Onstanding. Maturity.
Bonds
Stocks
,
&
—
Stock, $750,000
(1)
ft
1899
1919
1st mortgage., $750,000)
(?)
Tr. Co., Cincinnati, trustee.
&
($1,000)
\ Un. Sav. Bk
Directors— J. C. Hooven, President, of Hamilton, O., C. E. Hooven,
G. H. Hilvey, F. D. Shaffer and Stanley Shafer.
NEWPORT
& COV.-See COVINGTON, KY.
CINCINNATI STREET RY.— Electric and cable road.
CIN.
Organization.— Incorporated June 21, 1880, and in 1896 purchased
Adams & Eden Park and Mt. Auburn roads.
Outstand'g Last div., die
Par, Interest.
Stock & Bonds—
Mt.
Stock ($18,000,000)
50
5 Q.-J. $17,09=i.500 Oct. 2,'99,1'4
Kilgour M. (assumed), cur.
25,000
July. 1900
4 J. -J.
Mt. Adams & Eden Park In.:
Oct 1900
1st mortsfage, currency..
6 A.-O.
62,000
"
"
currency..
100,000
Oct., 1905
6 A.-0.
Consol. mort., currency
Mch., 1906
515,500
5 M.-S.
Interest is payable at Franklin Bank, Cincinnati.
8I4 1887 5 J.-D. 200.000
June. 1907
Mt. Auburn Cable Ry.
assumed ..c* 5 Interest at Chemical Nat. Bank, N Y. City.
1st
Stock Total authorized stock, $18,000,000, having been Increased
from $11,000,000 in August, 1896, for purchase of Mt. Idams &
Eden Park and Mt. Auburn Cable roads, and for extensions.- V. 63,
In 1898 $656,000 new stock was issued at par,
p. 188; V. 64, p. 610.
making, when all paid up, $17,095,500 stock oatstanding.- V. 66, p.
,
.
CINCINNATI, OHIO.
PoPDLATioN 1890 WAS 296,908; i.v 1880 was 255,139;
AND IN 1870 WAS 216.239.
CINCINNATI & HAMILTON ELECTRIC
STREET RY.-A trolley road.
Contrul of this property, together with the Cincinnati A Miami Valley
Traction and the Dayton Tractou, ac<iuired by M. J. Maudelliaum and
others of (,'levelaiid, and in NoveiiiOt-r, 1SH9. consolidation of the
three roads planned. Idea is to form a continuous line from Dayton
to Collegrt Hill, a suburli of Cincinnati, 52'2 miles, with an extension
northwar<i fr
Dayton to Troy, maki. g 72 inilt-s. V. b9, p. 1011.
Organization— Incorporated in 1897 and road completed about
m
December, 1-98.
&
Stock
Date, interest. Outstand'g.
Bonds—
Maturity
Stock, $f)00,000; par $50
$600,000
gold, $500,000, (par) 189>? 6 g. J-J
1st
400,000 Apr 1, 1918.
.*.=)00> not subject to call.. 5 Int. at Aiu.Tr. Co., Clcvelau 1, O., trustee.
Road— Owns 15»a miles of road, extending from Court House,
M
.
Hamilton, to Main and Nortli Bend streets, (Jollege Hill. Doubletracked in Mt. Healthy, O. Also owns '<;o»2 feet right of way on either
side of turnpike fr. m Hamilton to College Hill, about 7^ miles, brick
jjower-house, car barn, at College Hill, etc. Rails 70 lb. T and 73-ib.
girder. In February, 1899, extension irom College Hill to Cincinnati
reported to be pioposed. V. 67, p. 529. President. Will iJiristv,
\kroD, O.; Tiea-*'r, F. T. Pomeroy; Secrotarv, C. E. Hooven. Ilamil-
on.-V. 67,
p. 529; V. 69, p. 26. 101
1.
—
616.
Dividends— For many years
to July, 1899, inc., 5 p. c. per annum.
1899, operated 206-58 miles of track iu
the olty of Cincinnati, Ohio, extending also to adjoining suburbs.
Of this track 7 miles is cable; balance trolley.
Earnings— For calendar year 1H98 earnings are reported by City
Auditor of Cincinnati as gross, $2,723,702. The company does not
make any public statement, but it Is understood that in the year ending June 30, 1899, the road earned 6-21 per cent on the stock.
Officers— Pres't and (Jen. Man., John Kilgour; Secretary and Ass't
Gen. Man., James A. Collins; Treas'r, R. A. Duulap.— V. 66, p. 810.
Road—Company
on July
1,
MILL CREEK VALLEY STREEET RR.-
OrQANIZATION— Name was changed in 1808 from ('in. Ham. Mid. ADayton RR. Stock $1,000,000 common; outstanding, $337,500;
preferred. 5 per cent cumulative, $750,000; diviiiends. J-J; outstanding, $2f0,000.
V. 67, p. 530. No bonded debt In 1S99.
:
d
1
:
J
STREET RAILWAYS.
30
Road— Owns 7*3 miles of double track, of which lis miles between
Zoological Gardens and Mitchell A.venue, CinoinHati, held under perpetual lease. Is to build a branch to Reading. President, L. C. Weir,
New York; Vice-President, H. H. Hoffman, Cincinnati; Secretary,
O. B. Brown. V. 67, p. 530.
the Chagrin Falls & Eastern Railroad, extending from Chagrin Falls to
Qarrettsville, 12 miles.
President, F. M. Stearns; Vice-President, M. G. Waterson; Secretary,
A. G. Hutchison; Treasurer, C. E. Morganthaler. General Manager,
R. L. Palmer.
(1)
CLEVELAND, OHIO.
POPDLATION
IN
1890 WAS 261,353; IN 1880 WAS 160,146;
AND IN 1870 WAS 92,829.
CLEVELAND CITY RAILWAY-
dtock($100) $8.000,000
Q.-J.
$7,600,000 Oct. 10, '99,
Cleve. City Cable Ry. )
1899 5K.J.-J.
2,000,000 July 1, 1909
gold,$l OOOc.itr.lstM 5 Tru.<itee is Central Tru.st Co., New York.
Earnings—No late returns of earnings.
Calendar Tear.
Gross.
Net.
Interest.
Bal., sur.
1895
$1,060,^29
$458,772
$109,116
$349,656
1894
923,651
366,113
131,569
234,544
Dividends—Dividends of 4 per cent annually had been paid, but for
1896 paid 2 p. c 1S97, 2^ p. c; 189J, 3 p. c. (H p. c. Q-J); in 1899,
;
% p. c; Apr., 1 p. c; July. 1 p. c; Oct., 1 p. c.
Road— The company operates 84 miles of track in the
Jan.,
city of Cleve-
land and suburbs on 41 miles of streets, extending 6 miles east and
west of city limits; electric lines, 72 miles; cable, 12 miles. Weight
of rails, 82 and 98 lbs.
Officers— President, M, A. Hanna; Vice-President, C. F. Emery;
Secretary and Treasurer, J. B. Hanna.— V. 62, p. 363, 664.
CLEVELAND ELECTRIC RAILWAY."
OrQANIZATION — Known as the Big Consolidated."
suffered from a strike of its employes in June, 1899, which,
after having been settled in that month broke out afresh in July an
extended into August.— V. 69, p. 283. Boycott which had been instituted was declared off in October, 1899.
Company
&
Bonds—
interest. Outstand'g. Latest div., etc.
Q.-J. $12,000,000 July5,99,%%
Bonds assumed—
51892 5 M-9 1,00(',000 March, 1910
E.Cl' V.BR. 1st
Interest at Central Trupt Co., >ew York.
($1000) <
Brookhn St. 1st $1,000.. 1883 6
300,000 Sept. 1, 1903
Date,
Stock i$100)
M
MS
do mort. 1890 $1,010... 1890
M-S
300,000 Sept. 1,1903
Sept. 1, 1903
$1^^8 6 M-8
300,0
«!outh Side 1st $1 ,ooo
000
bouth ssiae
^ j^^ ^^ pj^^^ ^^ Fidelity Ins. Tr.& Safe Dep
—
Cleveland Electric Railway
2,450,000 Mch. 1, 1913
n«T, Ttr /«! eft\\„^^A n..<,v51893 5g.M-8
Con. M. ($1,CC0) gola c &r j^^ attiustee, Central Trust Co.,N.Y City.
\
Dividends The quarterly dividend was passed in January, 1896; in
April, 1-96, paid ^ p. c; In 1897, 3 p. c; in 1893, 314 p. c; in 1899,
Jan., 1 p.; April, 1 p. c; July 6, 84 p. c. October dividend was passed
on account of strike.
Bonds— C'onsoZs. o/iiSy for $1,9CO,000 reserved to retire the bonds
assumed. Bonds in excess of $3,500,000 (including the $1,900,000
reserved as above) cannot be issued except for 85 p. c. of the cash cost
of extensions of mileage and increase of plant. The bonds are a flrst
lien on the Broadway & Newburg system and on all extensions made
and property acquired subsequent to the consolidation; they cannot
be called b -fore maturity.— V. 61, p. 749.
ROAD-The company operates in the city of Cleveland "an aggregate
single track of about 96*2 miles; practically all the lines are double
tracked." Also operates about 10 miles of suburban track.
Gross. $819,580; net, $321,417
Latest Earnings. 6 mos. 5 1899
Gross, 830,911; net, 311,591
J<.n. 1 to June 30
< 1898
Annual Report— For the year.s ending December 31
1893.
1897.
1896.
1895.
Gross earnings
$1,714,522 $1,632,020 $1,634,841 $1,503,620
683,733
Net earnings
593,075
553,862
519,399
—
Officers— President, Henry A. Everett; Secretary, R. A. Harman;
Treasurer, E. W. Moore; Gen. Manager, R. M. Douglass; Purch. Agent,
C. W. Wason.— V. 63, p. 1146; V. 68, p. 129; V. 69, p. 283, 743, 851
CLEVELAND BEREA ELYRIA
LIN R Y —A troUey road.
& OBER-
.
Organization— A consolidation
Date.
Stock and Bonds—
in
December, 1897.
Inlerent.
CHAGRIN FALLS & EASTERN ELECTRIC.
in 1898 as an extension of Cleveland
is to operate it under contract.
interest. Outstand'g.
Date.
Maturity.
Organization— Incorporated
OrQANIZATION—Chartered in 1893. Known as "Little Consolidated."
Date, interest. Outttandivg.
Maturity.
Stock & Bonds—
Stock
;
Outstanding.
Maturity.
Stock (par $100)
$1,000,000
Cleve. <b Berea 1st. M. g,
^®^^ ^ g J&J
73,000 Jan. 1, 1912
Subj. to call Jan. 1,1902 <
Cleve. & Elyria Ist M. on )
MAN
1895
200,000 May 1. 1915
18 m. (bonds $500
Elyria & Oberlin 1 st M. on ) 1897
6 F&A
100,000 Aug. 1 1917
Interest at Cleveland Trust Co.. trustee.
9 miles (bonds $500)
5gM&8 lstdueSep.1'99 Mch. ,1919
CI. Ber. Elyr. &0. con. M. t 1899
$500.000,g. ($l,000ea.) S Interest at Cleveland Trust Co., trustee.
Bonds—Of the new 58 dated March 1, 1899, $373,000 are to be
reserved for the retirement at or before maturity of the divisional 68
to a like amount, and balance to be used for extensions, etc. V. 68, p.
<>
186.
& Chagrin Falls Electric
Stock
&
Bonds—
RR., which
Stk,$»000,000(par$100)
Quarterly $300,000
....
1st M., $300,000, gold. 5 1898
6 g. M&N
May. 1, 191S
(?)
($500 each)
\ Int. at Guardian Tr. Co., Cleveland. O., Trus.
Bonds are subject to call at par after 10 years.
Road—To extend from Chagrin Falls to Garrettsvllle, 12 miles of
road; 24 miles of track. To be completed in 1900; also building 8^
miles between South Newberry and Middlefleld, expected to be completed by Feb. 1, 1900.
CLEVELAND & EASTERN RR. -Trolley
Organization.- Incorporated to construct an electric road from
Cleveland through Cuyahog*, Geauga and Ashtabula counties to the
Pennsylvania State line, between 60 and 70 miles. In October, 1899,
opened between Cleveland and Chardon and Burton, 40 miles. Stock
authorized, $1,200,000. In November, 1899, a mortgage of $1,000,000
was made to the Olevelard Trust Co., trustee. Construction under
way from Cleveland to Burton.
President, H. P. Mcintosh; Vice-President, H. A. Sherwin; Secretary and Treasurer, E. G. miotson.- V. 69, p. 955.
CLEVELAND MEDINA & SOUTHERN
ELECTRIC RAIL"WAY-To be a trolley road.
Organization— Incorporated
in October, 1897, to build to CincinIn October, 1899, secured an extension of time
from County C< mmissioners. Stock authorized, $750,000; bonds au-
nati via Columbus.
thorized, $500,000.
CLEVELAND PAINESVILLE & EASTERN
RAILROAD— A trolley road.
Etc.—incorporated
Organization,
April
25, 1895.
Road com-
pleted in August, 1896.
&
Date, interest, Outstand'g.
Maturity.
Stock
Bonds—
Stock, $1,500,000; par $100
$1,500,000
1st Mort., gold, $500,000. ) 1896 5 g. A-O
500,000 Apr. 1, 191&
($1,000 each)
c* 5 Interest at State Trust Co., N. Y.
J445,000 July 1, 190T
6
5 1897
'B'iOO 000
Debentures $500,000
^ j^^ ^^ pj^^ g^^^ ^ Bkg., <;lev., trustee.
Con. Mtg., $500,000
1899 5 A-O
350,000
Trustees of 1st mortgage are State Trust Co., N. Y., and Cleveland
Trust Co., Cleveland, O. Bonds authorized at $25,000 per mile.
Road— Owns road from Euclid, Ohio, to Painesville, 18*87 miles, and
uses Cleveland Electric Ry. from Euclid to Public Square, Cleve., 10miles; " Shore Branch " (Willoughby to Cleveland, built in last half of
1898), 14-39 miles; total track (including 412 miles of double), 37-76-
Rails 68-lb. girder on old line and 70 lb. T on Shore Branch.
cars. Power house is at Willoughby.
Latest Earnings— 9 months, > 1399. ..Gross, $92, 107; net, $33,700
Jan. 1 to Sept. 30.
80,093; net, 37,463
J 1898... Gross,
miles.
23 motor
Earnings- For year ending Dec.31,1898, gross, $105,360; net, .$46,480; interest on 1st mortgage bonds, $25,000.
Officers— President, C. W. Wason; Vice-President, J. A. Biedler;
Treasurer, E. W. Moore; Secretary, F. S. Borton. Directors (January,
1899)- Henry A. Everett, I. N. Topliff, W. F. Carr, Fred. Storm, C. W.
Wason, E.W. Mooreand J. A.Beidler.-V. 63, p. 356, 458; V. 64, p. 284-,,
V. 67, p. 1356.
LORAIN & CLEVELAND RY.OrQANIZATION—Chartered in 1895. Owns 19 miles of trolley over
private right of way between Rocky River and Lorain and running to
Public Square, Cleveland, on Cleveland City Ry. Power house is at
Avon Beach Park, using water from Lake Erie.
Stock
Bonds— Capital stock, $1,000,000 (increased from $500.000 in Aug., 1897; par $100); outstanding $700,000; $300,000 held in
trust, with a like amount of bonds, to be issued only for extensions,
additional equipment, etc.
First mortgage authorized, $1,000,000
of 5 p. () gold bonds $700,000 issued, dated July 1, 1897, due 1927,
optional after July 1, 1917; $1,000 each, f dk J. Trustee, (Cleveland
Trust Co.; interest there or at Colonial Trust Co.,N. Y. Haifa million
of the bonds were offered for sale in Feb., 1899 by E. H. Gay & Co. of
Boston and the Canadian Bank of Commerce.
Gross, $79,664; net, $46, 190Latest EarninQS-10 mos.,) 1899
Jan. 1 to Oct. 31.
Gross, 61,510; net, 33,132
{1898
Earnings— For year ending Dec. 31, lb98, gross, $73,037; net, $39,372; interest on Ist mortgage bonds, $35,000.
President, B.Mahler; Secretary, James B. Hoge: Treas., E. W. Moore.
V. 68, p. 85, 380.
&
;
—
Road— Operates 37
miles of track extending from Cleveland to
Berea, Elyria and Oberlin; sidings, additional, 2 miles. Extension to
Rockport is to be built. President, A. H. Pomeroy; General Manager,
F. T. Pomeroy.- V. 63, p. 793; V. 63. p. 186.
CLEVELAND & CHAORIN FALLS ELECTRIC RAILROAD-A trolley road.
In June, 1899, new parties caaae into control, who elected the officers
given below
Organization-Incorporated in December, 1895, to build and operate a passenger and freight road between Cleveland and Chagrin Falls,
14 miles, to furnish heat, light and power, ana own pleasure resorts.
Date, interest. Outstanding. Maturity.
Bonds—
Stock
$300,000
Stock
200,<i00
l8tM.,$200.000,g.,red.aft ) 1896 6g.M-N
May 1,1916
&
May 1, 1906 ($5oO)
Road— In January,
c* 5 Int. at Guardian Trust, Cleve., trustee.
1899, had 14 miles of track, extended east to
South Newberry, 10 miles. To operate under contract when completed
COHOES,
N. Y.
POPCLATION 1890 WAS 22,509 IN 1880 WAS 19,416
AND IN 1870 WAS 15.357.
:
COHOES CITY RAILWAY.-A trolley road.
Organization— Chartered in 1894 and controlled by the same
terests as the Albany Railway with which connection is made;
miles of its track
&
(par,
Stock
is
leased to Albany Railway.
interest.
Outstand'g.
Dale,
Bonds—
in2ia-
Maturity.
2%yr.'95-6
1895
6 g., J-J
1896
6g.,J-J
$50,000
Ist M., gold, $50,000
50,000 July 1. 1905
35,000 May 1, 1906
2d M., gold
Loans payable (June 30, 1898,) $23,633. Year ending June 30, 1899,
gross, $28,143; def. under charges, $8,122. In 1895-96 gross, $27,083;
net, $8,350; interest and taxes, $3,169; dividends (2 per cent), $1,000;
Stock
$20)
balance, surplus, for year, $4,181.
Road— Track, 6i« miles. President, John W.
McNamara, Albany,
N.Y*^
STREET RAILWAYS.
COLORADO
SPRINGS, COL.
Population 1890 was 11,140; in 1880 was 4,226.
COLORADO SPRINOS RAPID TRATSTSIT RY.
Organization— Chartered in 1890. Franchise is perpetual and
said to give " practically exclusive" rights in the city.
Stock
&
Bonds—
Miles.
Date,
is
Maturity.
interest. Outstand'g.
$500,000r.p
Stock (par $100)
1910
350.000
7^ 1890 6 A-O
l8tM., $1,000 each...
1891 6 e A-0
150,000 Apr. 1, 1921
Consol.M.,$l,OOOea..) 27
for $500,000, gold. 5 Subject to call after October 1 1896.
Interest is payable at Chemical National Bank, New York CityConsolidated mortgage 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 28^9 miles of track, and June 1, 1895, began to op•rat« the Manitou Electric Railway & Casino Company's line, IHj miles
Gross, $50,754; net, $32,238
Latest Earnings— 2 mos. ) 1899
Gross, 40,478; net, 19,804
to beptemoer 30.
i 1898
Annual Report— For year ending Deo. 31, 1898, earnings were
.
1898
1897
Fixed charges... $33,480 $33,912
23,977
Balance, surplus 15,812
Officers— Pres.. F. L. Martin: Vice-Pres., E. J. Eaton; 8eo'y, Treas,
and Gen. Man., A. L. Lawton; Supt. and Purch. Agt., D. L. Macaflfree.
1897.
1898
Gross earns. ..$137.3'23 $142,664
57,889
Net earnings.. 49,292
COLUMBIA,
S. C.
Population 1890 was 15,353 in 1880 was 10,036
AND in 1870 was 9,298.
;
COLUMBIA ELECTRIC STREET RAIL-
^WAY LIGHT & POAA''ER-A trolley road.
This property, on which a Baltimore syndicate hai an option, was
sold in August, 1899, for $257,500 to W. B. Smith Whaley, one of the
purchasers of the Columbia Canal and Columbia assooiates. The new
company took possession Sept. 1, 1899.—V. 68, p. 1180; V. 69, p. 491.
Latest Earnings— 9
1
Annual Report— Report of
was as follows:
COLUMBUS, OHIO.
1897.
1898
1898
1897.
Gross earns. .$680,173 ,$605,921 Dividends
$120,000 $120,000
319,047 Surp. for year. 35,376
Net earnings.. 352,481
4,293
5,397 Tot.8ur.Dec.31 231,025
Other income.
8,860
196,638
200,151
Fixed charges. 205,964
Officers— Pres., Robert E. Sheldon; General Manager, E. K. Stewart; Secretary, P. V. Burington.
Index— V. 67, p 1160; V. 68, p. 326;
.
V. 69, p. 78, 228, 283, 439, 491, 591, 743.
CONCORD,
.\ND in
H.
N.
Population 1890 was 17,004;
in
1880 was 13,843
;
1870 WAS 12,241.
CONCORD STREET RAILWAY-A
trolley road.
extending from the central wards of Concord to Penacook.
Date. Ititensl.
Outstand'g.
Last div., etc.
Bonds—
Stocks
Stock, com., $100,000
$50,000
6
Pref., cum. ,$100,000
50,000
1895-96,6%
First mortgage, $150,- ( 1893
5 J-D
118,500
Dec., 1913
Subject to call in 1898 to 1902, Inclusive, at
000
c,<
102; in 1903 and thereafter at par.
($500 each.)
(
Intertst at National Bank of Redemption, Boston, and In Concord.
Dividends.— The last three years company instead of paying dividends has devoted earnings to betterment of property.
Road is 12 miles long; total track, 12 13 miles
Earnings— For year ending June 30, 1899, gross receipts, $54,983,
1898
1897
1898.
1897.
Gross earnings.. $52,440 $49,529 Interest and taxe8.$6,723 $6,485
Net earnings.... 7,930
6,050 Dividends
(I)
461
250 Balance
def.185
Other Income
Officers— President and Purchasing Agent, J H. Albin Troasurer
&
;
and Cleik, A. B. Cross.
Y.
N.
in
1880 was
7,'<02.
Organization- Incorporated Dec.
11, 1894.
Commenced
opera-
tions Nov. 1, 1895.
Stock
&
Bonds—
Date.
Outstand'g. Maturity.
Interest.
$100,000
100,000 Jan.
Stock, $ 1 00,000; ($1 00)
1st mortgage
1896
$100,000
Road— Owns
5 J -J
1.
1926
5*3 miles of track.
Earnings— For year ending June 30, 1898, gross, $24,716; net
$5,491; otherlncome.$ll3; interest and taxes, $6,336; bal., def.,$732.
Officers— President, A. E. Pond; Secretary, W. C. Tylee; Treasurer
E. P. Shaw.
CORTLAND,
POPUL.VTiON 1890
and
WAS
in 1870
WAS
CORTLAND & HOMER
Organization-Chartered May
N. Y.
8,590; in 1880
was
4,050;
3,066.
TRACTION-Trolley.
and purchased the entire
capital stock ($150,000) of the Cortland & Homer RR. Has perpetual
right to use said railroad and operates it as an integral part of its
system. The Traction Co. owns all the stock and bonds (in all $80,000) of Cort. & Homer Electric Co., which furnishes 100 arc lights to
the two cities and also lamps to the public. Carries coal and freight
14, 1894,
&
$300,000
Stock
Incorporated August, 1899, in Ohio. On Oct. 2, 1899, absorbed by
consolidation the Columbus St. Ry. and Croestown Street Ry., and the
property of the former Columbus Central Ry. sold at foreclosure.— V.
69, p. 743.
&
Date,
interest.
Outstand'g Last div., <it.
Bonds.—
Stock
Stock, com., $3,500,000)
,,,
<•)
<
($100)
Stock, prff., $3,500,000,'
,,,
<*'
{
($100)
Col. Con. Street RR.lBtg. ) TQQo =„ i
t
nnn i\nn July 1, innn
T 1
,
^°^^ 5 g- J. - J1909
mav be called for o 1 > Interest at Central 702,000
Trust Co. N. Y.
)
1894
A. - O.
300,000 Apr. 1, 1924
5 Interest at Farmers' Ln. &Tr.Co.,N.Y., trustee
Road— Operates 10*57 miles of track between Cortland and Homer
and Cortland and McGrawville, completed in 1895. Rail is 60-lb. T.
Earnings— Year ending June 30, 1899, gross, $.33,589; net, $16,734;
Interest and taxes, $21,762; deficit, $5,028; 1898, gross, $29,516; net,
$11,551; other income, $4,890; interest and taxes, $19,811; deficit
for year, $3,370.
Officers— President, none; Vice-President, H. Berghalt; Secretary
and Treasurer, H. B. Westcott, Cortland, N. Y.
Ist M.,$.300,000, gold,
free of tax
c*
)
6
g.
,
.
2,208,000 July 1, 1932
5 g. J.-J.
rol St ^' ist $3 000 0()0 ^ ^®^2
Rv
Interest at E. W. Clark & Co., PhUa.
*'*>"""'""V ]
Jnw
•^^ "
Knickerbocker Trust Co., N. Y., Trustee.
'
Crosstown Istmort., $2,- ) 1893 5 g. J.-D.
572,000 June 1, 1933
Knickerbocker Trust Co., N. Y., Trustee.
000,000 g. gu. p. A i. c* S
Columbus St. Ry. notes
4
$300,000
Oct. 1 1939
1,500,000
<Tol
Rv M <R7 000 00oO^S^ 4-J, Q-J
U"*"" ^*^- ^*- * Trust Co. of Ciocinnati.
gold ..:... 0'
,
J
Bonds are redeemable after Oct. 1, 1914, at $105 and int«re8t.
Borid*.— The Columbus Street Railway mortgage of 1892 is for $3,000,000, of which $702,000 are in hands of trustee (Knickerbocker
Trust Co., N. Y.) to retire the Col. Consol. St. RR. firsts. The Orossloien Street Ry. 1st M. is for $2,000,000, of which the balance unissued
may be sold for extei slons at $30,000 a mile. Principal and Interest
of the Crosstown bonds were guaranteed Dy the old Col. St. Ry. Co.
Of the $7,00i*,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 $300,000 to take up unsecured 4 per
cent notes of the Columbus Street Railway; $1,628,000 is reserved to
be used hereafter from time to time in making extensions, Improvementa and additions— $028,000 upon a 23-vote of directors, the other
$1,000,000 only on a vote of stockholders. Richardson & Clark of
Providence, ofi'ered the $1 .500,000 outstanding for sale.
Road.— The Columbus Street Railway comprl.sed 51 miles, theCros.stown Street Railway 13 miles, and the Columbus Central 34 miles;
98 miles.
In
as well as passengers, between Cortland, Homer and McQrawvlUe.
Date.
interest.
Outstand'g.
Maturity.
Bonds—
Stock
COLUMBUS RAILV/AY-
total,
Columbus Street Railway given
A trolley road.
part steam.
Estimated Population, 1899, 145.000.
Population 1890 was 88,150; in 1880 was 51,647;
and in 1870 was 31,274.
($1 ,000)
old
V. 68, p. 326,
CORNING & PAINTED POST STREET RY.-
5ecMrt<ie«— Stock $250,000. New bonds are first mortgage 58 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 payal)le April and Oct. at
West End Trust & i^afe Deposit Co., Philadelphia.
Road—Operates 24^2 miles of track.
Earnings— Calendar year 1898, gross, $91,000; net, .$33,000.
Nine months of 1899, gross, .$66,000; net, $22,000.
Officers— President, John F. Floumoy, Columbus, Ga.; Vice-Pres.,
J. Wainwrlght, 14 South Broad Street, Philadelphia; Sec. and Treas.,
P. W. Briggs, both of 100 B'way, New York.— V. 66, p. 7.59.
.
Gross, $57.5,696; net, $320,526
Gross, 508,365; net, 262,746
CORNING,
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.
^110.^.!.. ....
1899
1898
to
Population 1890 was 10,188;
Population 1890 avas 17,303; in 1880 was 10,123;
AND in 1870 WAS 7,401.
RR.— Part trolley;
mos..;
July 31.
Old
Columbus Street Ry.
Jan.
COLUMBUS, GA.
COLUMBUS
31
COTTAGE
CITY, MASS.
COTTAGE CITY STREET RY.-A
troUey road.
Organization— Stock, ($100) $37,000, ist mortgage, $25,000, gold
1895, 6 g., M-N, due May 1, 1915. Interest at International Trust Co.
Trustee. Boston. Dividends— 1894-95, 4 per cent; In 1895-96, 0; 1896Owns line 54 miles In length; sidings, >3 m.
Earnings— For year 1897-98, gross, $3,537; net, $14; charges
$1,995. Boston otflce, 21 Milk St.. Boston, Mass.
Foreclosure—Was to have been sold at foreclosure March 29,
1899, but sale adjourned.
97, 4 p.c; 1897 8, 0.
COUNCIL BLUFFS,
lA.— see
omaha.
COVINGTON, KY.
Population 1890 was 37,371 in 1880 was 29,720
and in 1870 was 24.505.
;
CINCINNATI NEWPORT & COVINGTON
R AI L W A Y-A trolley road.
—
Organization Organized In 1892 to buy up and consolidate all the
roads on the Kentucky side of the river, opposite Cincinnati. 8e«
particulars In Supplbment for May, 1898.
The Covington Cincinnati &. Erlanger Street Railway, iucoiporated
Sept., 1899, with $250,000 stock (shares, $50), by parties identified
J
STREET RAILWAYS
'62
with the Cincinnati Newport <fc Covingtou,
cally an extension of the latter.
Stock
:
&
Bonds-
loosed upon as praoti-
Interest. Otttstandhig.
Dale.
Stock ($100) $4,000,000
Underlying B'>nds
80. Cov. & Cin. 1st M..
is
$3,500,000
—
1882
6
M-S
6
Consol. M.. $500,000 gold. <1892
Maturity.
Aug.1,'99, i«
250,000
Mch., 1912
150,000 Jan. 1, 1932
^ mteWt atAm. Ex. Nat. Bank, N. Y.' City.
Newp. ADa.r.St Ry. IstM. 1887 6
100,000 Aug. 1, 1917
....
Cincinnati Xeicport <£ Covington
let consol. mort., sold, $3,-) 1892 5g. J-J
2,500,000 July 1, 1922
000.000 ($1,000) .0* & r < Trustee Farmers* Loan & Trust Co. of N. Y.
2d mortgase, $1,000,000, ) 1896 5 g.
.500,000 July 1, 1922
gold ($1,000 each)
c 5 Trustee Farmers' Loan <fe Trust Co., N. Y.
Bonds -Ot th& 1st consolidated ot 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.
Dividends— tn 1899, Feb., ^ per cent; Aug ^a per cent.
Road— Connects Cincinnati, Newport, Covington, Dayton, Bellevue,
Ludlow, Bromley and Ft. Thomas. Total in operation 60 unties laid
with 80 Johnston girder and 72-pound " T " rails. Extension to Erlanger proposed.
.
g.
J
-
J
.
&
Stock
Bonds—
Miles.
IHtle. interest.
Stock ($323,000, par$25)
Ist M. $200,000, gold
OiUsland'g. Last div. .etc.
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. c.
Road—Trolley road in Danbury and from Danbury to Bethel, etc.,
10-6 miles in all; sidings, etc, 55 miles; total, 11-15 miles.
Earnings— For year ending June 30 in 189!i and year ending Sept.
30 in 1893 and 1896:
Cross.
1898-9
1896-7
1895-6
Net.
Int.
<t
taxes.
Dividends. Bal., sur,
$11,254
$6,400
$3,708
13,184
787
12,800
13,123
8.000
2,291
Officers— President, Samuel C. HoUey, Danbury, Conn.; Vice-President, S. Harrison Wagner, New Haven, Conn. Directors— 8. C. HoUey,
Arthur E. Tweedy, Henry Bernd, M. H. Gritting, M. McPhelemy, A.
W. HoUey, all of Danbury; S. Harrison Wagner. New Haven.
$21,362
26,771
23,414
$58,675
62,483
65,160
,
DANVILLE,
;
Latest Earnings— ^"lue months
9 months.
to Sept. 30:
Cross.
Taxes tt
Net.
Tolls.
$527,193
$312,924
$111,138
$201,786
513.532
273,335
118,152
155,183
Annual Report— Earnings for years ending Dec. 31, were: 1898,
gross, $681,672; net, $379,471; charges, $318,144; bal., surplus, $61,327. In 1897, gross, $638,437; net, $211,197.
Of f\CZHS—( Elected February, /(fpo.^— President, James C. Ernst;
Secretary and Treasurer, George M. Abbott.— V. 66, p. 706; V. 69, p.
615.
CRIPPLE CREEK, COL.
CRIPPLE CREEK DISTRICT RAIL^WAYElectrlc road.
Organization— Has municipal
franchises, granted in 1896, for 25
Chartered in 1897 for 50 years.
Bonds— First mortgage, gold, coupon 5s; authorized, $1,250,000;
all issued; $1,000 each, aue 1948, A & O; interest at Central Trust
Company, New York, trustee.
Road— Trolley. Cripple Creek to Victor, 7 miles, operated from
January, 1898; and 32 additional miles, Colorado Springs to Cripple
Creek, under construction, of which about 20 miles to be completed
In 1899. President, H. C. S. Dyer; Vice President and Gen'l Manager, L. D. Ross; Secretary and Treas'r, J. L. Lindsay.
years.
DALLAS, TEXAS.
in 1898 (estimated)
AND IN 1880
was 64,224;
was 10,358.
in 1890
was 38.067
DALLAS CONSOLIDATED ELECTRIC
switches, 34 miles of track. Stock authorized, $1,000,000. A mortgage for $800,000 securing, It is understood, 20-year 5 per cent bonds
was made in July, 1898, to the Union Trust Co. of St. Louis as trustee.
All the authorized stock and bonds were in Nov., 1898, reported to be
outstanding as collateral for a loan. In March, 1899, property was
conveyed to E. J. Gannon, trustee, to secure a note for $365,000 held
by J. B. Wilson, bearing 10 per cent interest and payable Sept 15.
1900. At the same time the Queen City Road was conveyed in trust
to secure a note for $25,000, bearing 10 per cent interest, and due
Sept. 15, 1900. Tn this latter case the pledge Is subject to the lien of
the first note. Presid't, G. Van Ginkel; Vice-President, J. B. Wilson;
T.
Moore.— V.
66, p. 185; V.
67, p. 176; V. 68, p. 618, 670.
A
7,733.
Company estimated population in 1896 at 17,000.
Miles. Date, interest. Outstand'g. Maturity,
Stock & Bonds—
Stock, .$350.000
^
$M)bo^*^^'^^^'
$350,000
^**^^*
^
^^ ^^^6
6g.
M-N
300,000
Year ending April
30—
Gas
1897.
'
Total
$18,097
47,876
29,036
$102,232
Electric Light
Street RaUway
1887.
RY.-
Operates 11 miles of track.
Stock, $200,000.
President, H. C. Scott; Vice-President, C. F. Carter;
Superintendent, B. F. Sibert.
RAPID TRANSIT RAIL WAY-A trolley road.
'
1897.
$7,514
29,974
7,561
1896.
$18,771
54,726
28,735
$95,009
1896.
$6,751
24,971
8,502
$45,049
$3,304
18,000
$40,224
$2,440
18,000
$23,745
$19,784
Taxes and insurance
Interest on bonds
Officers— President, W. P. cannon; Vice-President, A. C. Daniel;
Sec.,Treas., Gen. Man. and Purch. Agt., E. X. Leseure.— V. 65, p. 1114.
DAVENPORT, IOWA.
Population 1890 was 26,872;
AND
in 1870
in
1880 was 21,831;
was
20.038.
trolley road.
Organization— Incorporated in September, 1895. In Oct., 1898, a
controlling interest was acquired by a syndicate of Davenport, Rock
Island and Moline, la., men, who, it was said, would make extensive
Improvements. V. 67, p. 802. On April 15, 1899, bought the Moline
Central Street Railway of Moline, 111. To make this purchase the
Tri-Clty issued $64,000 new stock, making total stock outstanding
$504,000. The Moline Central had $48,000 bonds outstanding, of
which the Trl-Clty bought $37,000 at par, but could not get the rest
TRI-CITY RAIL'WAY-A
at a satisfactory price.
&
Maturity
$504,000
630,000 July 1, 1901
ri891 6gJ-J
(Part due yearly) to July 1, 1911
Dav. &R. I., 1st
.gold..c*J
$1,000) 1 Int. payable in N. Y. at ChaseNat. B'k and
$1 ,000,000($50v.
in Chicago at 111. Tr. & Sav. Bk. Trustee
Road— Owns 46 mUes of trolley road and one mile of horse road,
oomprising 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, 1898, gross, $247,197; net,
$97,743; interest and taxes, $44,690; balance, surplus for year, $53,053.
Officers— President, Edward E. Cook, Davenport; Sec, Treas. and
Purch. Agent, J. F. Lardner, Davenport, la.— V. 67, p. 802.
Stock
Bonds—
Date,
interest.
Outstanding.
Stock ($600,000 auth.)
.
,
(
DALLAS & OAK CLIFF ELECTRIC
trolley road. Chartered May,
1899-1916
are due $7,000 each May 1, 1899-1906; $8,000,
1907-1915, and $172,000 in 1916; mortgage trustee is the American
Loan & Trust Company of Boston.
COMPANY'S Property—The company Jan. 1, 1897, 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 10,000 incandescent and 400 arc lights, with dynamos for furnishing power to street railway. 3. The entire street railway system
of the city, 8^2 miles of track, " nearly all laid in brick pavement
running to three parks, the fair gi-ounds, cemetery and railway
depots." Equipped within four years with 50 and 60 lb. Johnson T
rails, with 13 motor cars (general electric) and 3 trailers.
Earnings—Earnings for years ending April 30 were as follows
Bonds—The bonds
ST.
Organization—A consolidation in February, 1898, of the Dallas
City Street Ry. and Queen City Ry. sold in foreclosure. In March,
1899, G.M. Van Ginkel purchased the road in the Interest of aDes
Moines, la., and New York syndicate. The road has, exclusive of
Edward
was
Balance, surplus, for year
RY. -Trolley.
Secretary and Superintendent,
ILL.
in 1880
DANVILLE OAS ELECTRIC LIOHT &
STREET RAILWAY.
Surplus.
1899
1898
Population
Population 1890 was 11,491;
Organization— Successor
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
percent 30year bonds, dated May 1, 1899, 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.
Tliayer, Concord, N. H.; Vice-President, T. T. Holloway, Dallas; Secretary and Treasurer, C. F. Freeman, Dallas.
Terminal Ry., sold Nov.
1,
NORTH DALLAS CIRCUIT RAILWAY.-A
4 miles
trolley road, embracing,
said,
of track.
Stock $ 100,000
There are $100,000 of 6 p. c. 30-year bonds owned by the stockholders
and on which no interest Is being paid. President, R. A. Ferris.
it is
DAYTON, OHIO.
Population 1890 was 61,220; in 1880 was 38,678;
AND IN 1870 was 30.473.
CINCINNATI HAMILTON & DAYTON
steam motor road.
TRACTION
CITY
RAILWAY
DANBURY, CONN.
and
in 1870
in 1880
8.753.
was
was 11,666;
DANBURY & BETHEL STREET
RY-
Organization.- Has a perpetual special charter, the only street car
company serving the city of Danbury and town of Bethel. Its llnec
also extend to the Danbury Fair Grounds and the pleasure resort of
Lake Kenosha. The population served is estimated at over 30,000.
to Middle64, p. 82.
CO.-A trolley road.
Organization- Franchises run for 50 years from Feb. 8, 1892, and
April 19, 1893. In January, 1899, reported to have obtained control
of the Dayton & Western Traction Co.
Date, interest. Outstand'g. Maturili/
Bonds
Stock
5 p. c. $1,470,600 See text.
Com. stock, $1,500,000 ($100)
do do
6 p. c.
600,000
Pref. stock,
$600,000 ($100)
1891
6 J65,000 Jan.l,'ll
Dayton & Soldiers' Home >
RR. 1st mortgage.
5 Interest at Chemical Nat. Bank, N. Y. City.
Dividends— In 1897 there had been paid on preferred 6 per cent and
on common 5 per cent for several years. October 2, 1899, IH per cen
paid on tvommon.
Road— Operate? in all 26 miles of track, comprising 13 miles of double
track on Third Street, Fifth Street, Huffman Avenue, etc.
Officers— President, D. B. Corwin.
&
Population 1890 was 16,552;
CO.— A
Organization —Operates a rapid transit line, Hamilton
town, with steam motors, for Cin. Ham. & Dayton Ry.— V.
—
m
o
>
r
m
STKEET RAILWAYS.
33
-
STKEhT RAILWAYS.
34
DAYTONSPRINGFIELD&URBANA ELEC-
TRIC RAII_i"WAY—
Maj) oil jyage SS.j-'A trolley road.
Organization— Incorporated under the laws of Ohio to oonstruot a
road from Dayton to Springfield and Urbana, 38 miles. In 1899 completed and operating between Dayton and Springfield, 26 miles. Rest
of line expected to be finished in December, 1899.
('•'<'«•
Maturity.
Date, interest. Outstanding.
Stock <& bonds—
Stock, $750,000
...
$750,000
1st M. ($750,000). gold, C 1898 5 g, M-N
Nov. 1, 1928
750,000
no option.... ) Int. at Continental Tr. Co., N. Y., Trustee.
$1,000,
Road— Private right of way over entire line, following turnpike; 70Ib. T and 90-lb. girder rail gravel ballast 21 oars freight and pas;
;
;
senger trattic.
Officers— Prest., Fred. Colburn, Springfield, Ohio; See., J. G. Webb!
Treas., Arthur E. .\ppleyard, 50 State Street, Boston.— V. 68, p. 330.
DAYTON SPRING VALLEY AND WILMINGTON TRANSIT—To be a trolley road. Projectedfrom
Dayton, via Bellbrook and Spring Valley to Wilmington, 34 miles,
Considerable grading had. In 1898, been done between Dayton and
Bellbrook. It is said to have been purchased by the Dayton & Xenla
The new mortgage is a first lien on the Denver City and West End
properties and a lien on the Denver Consolidated Tramway Junior
to its existing mortgages, to r^nain outstanding and be assumed interest began to run 3 months from the date (March?, '99) when the new
company obtained possession of the properties of the three companies.
Of the new 5s, $514,000 will be retained by the new company for a
new powerhouse of sufficient capacity to operate the combined properties and to properly equip electrically the present Denver City RR.
and generally Improve the respective properties. Abstract of Denver Consolidated Tramway consol. M. of 1896. V. 52, p 354.
Road— Owns about 152 miles of track, of which electric lines, 118
miles; cable lines, 30 m.; horse car lines, 4 m.
Earnings- The combined properties earned $1,147,151 gross In
1898.
Mar. 3 to Oct. 31—
Net.
Gross.
Charges
Surplus.
$184,6i6
1899
$744,14!)
$254,182
$69,^36
1898
671,989
85,101
144,028
41,073
Officers—President, Rodney Curtis; Vice President, Wm. N. Byers,
Secretary, Wm. G. Evans; Treasurer, George E. Ross-Lewin.- V. 67,
p. 1262; V. 68, p. 281, 473, 1023; V. 69, p. 228.
;
)
DENVER LAKEWOOD & GOLDEN RAILroad and steam road. Nov., 1899, Receiver
ROAD.—A
DAYTON TRACTION-See Cincinnati.
Borst was
charge of the property, but reorganization expected
DAYTON & 'WESTERN TRACTION-TroUeyroad. soon. Part of road was sold for taxes Nov. 1894, but
Traction.
trolley
still in
Said to have been acquired by City Railway
Company of Dayton.
Daie. interest. Outstanding Maturity.
Stock & Bonds—
A.-O.
$400,000
l8tM.,$400,000.g.,($l,000 5 1898 5g. A.-O.
400,000 Apr.l, 1923
each), not subj. to call. .e* I Int. at Central Trust Co., N. Y., Trustee.
Road— Dayton, Ohio, to Eaton, 25 miles, operated from June 26,
Stock, $400,00t»(par $100)
1898.— V.
66, p. 708.
DAYTON & XENIA TRACTION-To be troUey.
suit
1,
declare such sale illegal and void has been pending Stock,
(par $100). $1,000,000, f. p.; first mortgage 6s of 1890, $627,000 ;
Trustee, Farmers' Loan & Trust Co., New York. Embraces 27 miles of
irack, of which 22 miles are steam, Denver to Ralston, and 5 troUey,
Denver to Barnum. Year 1897-8, gross, $32,862; net, $4,314, against
$5,190 in 1896-7. President, Samuel Newhouse.— V. 63, p. 228.
to
MUNICIPAL TRACTION
COMPANY.-Incor-
Organization— Incorporated in 1898 to build a 16 mile road be
tween Dayton & Xenia. There will be 370 miles of double track in
Dayton and one mile of double track in Xenia. Owns private right of
way the entire distance between the two cities, following the highway;
and franchises for independent lines in two cities have been obtained.
porated in 18fc9 with a capital of $1,000,000 to build street railroads
In Denver in opposition to the existing lines recently consolidated. T.
8. MoMurray, ex-Mayor of Denver, Is President.
Construction under way in 1899. Stock authorized, $300,000; bonds
$300,000 25-year gold Ss.
In 1899, was reported to have purchased the Dayton Spring Valley
4t Wilmington Electric.
President, Clement J. Ferneding; Treasurer, Philip A. Kemper,
General Manager, J. M. Wilson, Dayton, Ohio.
Popclation 1890 WAS 5,969; in 1880 was 11,650:
and in 1870 WAS 8.020.
steam
HOME AVENUE RAILROAD-A extending
Operates
road.
to Na-
Road—
3 miles of track in city of Dayton
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 of
shares, $50. No indebtedness. President, W. P. Callahan.
tional MUitary
Home. Leased
OAK^VOOD STREET RAILWAY-A troUey road.
Organization— Franchise runs for fifty years from July 10, 1891;
tirst franchise granted March 17, 1871. Owns 5 miles of double track.
DERBY, CONN.
DERBY STREET RAILWAY-A trolley road.
Organization— Chartered in
Stock
American Rys. Co.— See statement
of the latter
under Philadelphia.
XENIA RAPID
of Philadelphia. -V. 6S. p. 431.
DECATUR,
IN 1870
WAS
7.161,
AND
ILL.
1880 was 9,547;
IN 1898 (estimated). 28,000.
Population 1890 was 16,841;
in
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 has authorized capital stock of $250,000
Road— 13 miles of troUey track.— V. 68, p. 129; V. 69, p. 333, 541,
«05.
DENVER, COL.
Population 1890 was 106,713; in 1880 was 85.629;
AND in 1870 WAS 4.749.
DENVER CITY TRAMWAY COMPANY.and
Electric, cable
;
is
pending
in the
Stock and Bonds—
courts.- V. 68,
Date.
p.
1023; V. 69,
Interest.
p.
Oulstand'g.
228
Maturity.
$5,000,060
6 g. J.-J.
498,000 July 1, 1908
Denver Tramway 1st, g. 1888
6 g. J.-J.
1,219,000 Jan. 1,1910
Consol. M., gold.. o'Ar. 1890
gold... 1891
J.-J.
953,000
9.53,000 Jan. 1,1911
6 g.
Met. St. RR. 1st,
al, 167,000
5 g. A.-O. a 1,167,000 Oct. 1,1933
DenverCon. Trail way) 1893
Interest at Mercantile Trust Co., N. Y., trustee.
Con.M.,$4,000,000.g s
6 p. c.
$276,000 Oct. 1.1900
CoUateral trust notes... 1896
5 g. A.-O.
1,486.000
Apr., 1919
Purchase money mort. < 1899
Central Trust Co. to be Trustee.
gold, $2,000,000
\
a Including $417,000 held as collateral for $276,000 trust notes, to
be turned into treasury on payment of latter; no more bonds can be
Cesued under this mortgage.
Stock $5,000,000
Population of Derby and
Date,
interest. Outstand'g.
$l.'iO,000
Maturity.
Istmortgage
1894 6A-0
150,000 Apr. 2, 1914
Other debt June 30, 1899
66,292
Road— Owns road 5'89 miles in length andO"4mlleof switches.
Annual Report— For year ending June 30, 1899, gross, $58,624;
net, $25,396; interest and taxes, $11,014. Dividends, $2,000.
Officers— Pres., H. Holton Wood, Derby; Treas., Chas. E. Clark;
Sec, F. W. Wallace.
DES MOINES, IO^VA.
Population 1890 was 50,093;
in 1880
WAS
Airo in 1870
was 22,408;
12.035.
DES MOINES CITY RAILWAY-A trolley road.
Organization—A consolidation in 1893.
Stock & Bonds— Miles. Date. Interest.
Outstand'g.
Maturity.
$1,055,000
250,000
575,000 Oct. 1, 1900
23 1889 6g.A-0
($25,000 due yearly) to Oct. 1, 1919
12 1890 6g.J-J
300,000
Jan., 1906
($20,000 due yearly) to Jan.. 1921
Interest at Chemical National Bank, N.Y. City.
Trustee, Iowa Loan & Trust, Des Moines.
1893 6g.M-N
305,000 May 1,1923
D. Mo. City Railways 35
consol. mortg., $2,- < Infest at N. W. Harris, N. Y. City; also Chicago.
(Trustee, Illinois Trust & Savings Bank.
000.000. gold
Bonds— Ot the consols sufficient are reserved to retire all prior bonds
as they mature; of the rest of the unissued portion the most is reserved
Stock
PI. stk,6p.c.,non-cum
D. Mo. St. RR. lstM.,5
gold, $1,000 each... \
Des Moines Sub. Ry. f
Ist mortgage, gold.
*i AAA Jf,fh ' ^ y:i\
!t.i,uuu eacn
c
1
for extensions.
Road.— In February, 1899, was operating 40
miles of track on 31
miles of street.
Tears ending Dec. 31.
1898
1897
Gross.
Oper. exp.
Net.
$254,820
233,080
$176,210
154,783
$78,610
78,297
Officers— President, J. S. Polk; Secretary, A. G. Malsh; Treasurer
and General Manager, Geo. B. Hippee; Superintendent, W. G. Owens.
horse.
Organization.- Consolidation in March, 1899, per plan in V. 67, p.
1262, of the Denver City RR. and the West End Street RR. (both sold
tinder foreclosure on Dec. 15, 1898), with the Denver Consolidated
Tramway. V. Q^, p. 281, 473. Also owns and operates the former
Colfax Ave. Electric, which was sold at foreclosure in February, 1899.
In .luly, lb99, the Denver Board of Supervisors repealed the soeaUed blanket and perpetual franchise of 1885, under which the road
had rights as to unoccupied streets the question as to the power of
repeal
Bonds—
by the
TRANSIT.—To be an electric road.
Proposes to construct an electric road between Dayton and Xenia. In
1899 filed a mortgage for $300,000 to the Fidelity Insurance Trust
& Safe Deposit Co.
&
Stock, $250,000 ($25)
Capital stock authorized, $300,000 par, $50; there is no mortgage on
the property. Dividend of 1^ percent paid July 1, 1899. President,
Charles B. Clegg; Vice-President, A. L. Stout; Secretary, V. Winters.
PEOPLE'S STREET RAILWAY.-Owned
April, 1888.
Ansonia together was 16,310 in 1890.
DETROIT, MICH.
POPULATION 1890 WAS 205,876;
AND
IN 1870
WAS
IN
1880 WAS 116,340;
79,577.
On Aug. 11 the Detroit Common Council passed ordinances to compel the Detroit Citizens and the Detroit Fort Wayne & Belle Isle companies to sell eight tickets lor a quarter, the Detroit Electric being
already required by its charter to sell tickets at this rate good until
eight o'clock at night. V. 68, p. 670, 9?6, 1023, 1132; V. 69, p. 26, 79,
179, 381; V. 69, p. 695. The Detroit Citizens brought suit to prevent
the enforcement of the ordinance and obtained a restraining order.
The city appealed and case now pending in U. S. Circuit Court.
CHICAGO DETROIT & TOLEDO RRroad. Incorporated April 23, 1898,
a line from Detroit south to Toledo, O., 60 miles. Stock,
$500,000. Among the stockholders are John C. Sehatter, George D. P.
Robinson. T. 8. Mordant, D. E. Town. Chicago; Charles W. O'Brien,
Leopold Freund and Alex. E. Rlepelle, of Detroit.
Organization— Projected trolley
to build
STKEET RAILWAYS.
35
STKEET RAILWAYS.
86
OITIZKNS' TRACTION
CO-
OrQANIZATION—Organized
and controls
the street railway lines in the city, viz., the Detroit Citizens' Street Ry., the Detroit
Belle Isle Ry
Electric Ry. and the Detroit Fort Wayne
Maturily.
Bate. On islanding.
Date.
Stock—
$7,000,0u0
Stock, $7,000,000 ($100)
in 1897,
all
&
DETROIT CITIZENS' STREET RAILM^AY-
on page 35.) — A
Organization—Chartered
<Sec
Map
trolley road.
1891 and absorbed the Detroit City
the Grand River Street Railway
and the Hamtramack & Grosse Point railway companies. Also owns
the entire capital stock of the Detroit Suburban Railway and Highland
Park Railway andoperates them under lease. Controlled by the
Railway (incorporated May
in
9, 1863),
Citizens' Traction Co.
Stock
Stock
& Bonds—
Road. -Detroit to Mt. Clemens, 17 miles; trackage within Detroit
city limits over Detroit Citizens' Ry., 8is m.; total operated, 25>a m.
Officers— President, Merrill B. Mills; Sec,
Treasurer, F. T. Ranney.
Thomas
N. Fordyoe;
NORTHWESTERN ELEC-
DETROIT &
TRIC—TroUey.
Organization— Incorporated March 15, 1899. Has purchased the
Grand River Electric RR. and Pontiac & Sylvan Lake Railway of Detroit. Road is to extend from Detroit through Ravenswood, Greenfield, Sand Hill, Clarenoeville, Farmington, Northville, Southfleld,
North Farmington, Orchard Lake, Pine Lake, Caf s Lake, Sylvan Lake
60 miles; 17 miles of track finished, remainder expected to be completed by Nov. Ist; will have 16 motor and 4
to Pontiac, a distance of
trail cars.
Miles. Date. Interest.
Onlstand'g.
Maturity.
$1,250,000
Detroit City Ry. bonds
1890 1IJ-J
1,000,000 Jan. 1, 1900
H Interest 5 p. c, but 6 p. c. paid for option to retire before maturity
Grand River Ry. bond .... 1890 :J-J
150,000 Jan. 1, 1900
\ Interest 5 p. c, but 6 p. o. paid for option of retiring before maturity
DetroitCitizens'Street? ....
1891
1,100,000 Oct. 1, 1901
Y. City.
M., $3,000,000
S Trustee, Washington Trust Co., N.
IstCon.M., $7,000,000)....
1895 5g. J-J 4,335,000 July 1, 1905
($1,000) gold
-c S Trustee, N. Y. Security & Trust Co., N. Y.
Guaranteed under terms of lease :—
•
- N
Detroit Suburban Ry, > . .
1892 5
275,000 Nov. 1, 1902
Ist M. $400,000
S Trustee, Union Trust Co., Detroit.
Highland Park Ry....).... 1893 5 J-J
140,000 Jan. 1, 1908
M. $250,000
1st
5 Trustee, Union Trust Co., Detroit.
Bonds— The consolidated mortgage is for $7,000,000 of gold bonds;
$2,665,000 are held by N. Y. Security & Trust Co., trustee, to redeem
outstanding bonds of like amount.
Road Operates 105 miles of track.
Gross, $1,127,088; net, $557,589
Earnings— 10 months, ) 1899
Jan. 1 to Oct. 31.
$1898
Gross,
986,976; net, 485,339
Tears e7iding £>ec.31:
Gross.
Net.
Charges.
Bal.,sur.
1898
$1,196,487
$584,893
1897
1,102,249
536,901
$350,000
$186,901
1896
1,040,545
437,739
Officers— President, Tom. L.Johnson; Vice-President and Treasurer,
J. C. Hutchtns; Secy., A. E. Peters.— V. 63, p. 116 ; V. 64, p. 82; V. 68,
p. 670. 926, 1023, 1132; V. 69, p. 26, 79, 179, 384.
5A-0
.
M
.
—
DETROIT ELECTRIC RY.- (See Map page 37.)
Organization—Successor
in
August, 1896, to the Detroit Rail
way, which was incorporated under the laws of Michigan, and
operated under ordinances granted for thirty years from 1895 by the
Common Council of Detroit and the Township Board of Springwells.
The Detroit Electric, the Detroit Citizens' and also the Fort Wayne
& Belle Isle are owned by the Citizens' Traction Co.
Date,
interest. Outstanding.
Stock and Bonds. —
Maturity.
Stock. $1,000,000 (p.$100)
Detroit Railway
Ist M.,g. ($1,000) ,red.at( 1895
5g. J-D
1.800,000
1912-1924
103 on Dec. 1, 1898, on Trustee, Cleveland Trust Co.; interest paid
62 miles
c*<fer. (
in New York City.
Det. Elec. Con. M., $2,800.- < 1896
5g. J-D
$1,000,000 June, 1916
000, gold ($1,000). c.*&r. \ Cleveland Trust Co.. trustee. As to Deo.
1897. interest, see V. 65, p. 1219.
Bonds— First mortgage bonds for $1,800,000 have been issued on 62
-^
'
miles completed and equipped. Bonds numbered 1 to 600 mature Id
order of numbers at $50,000 per annum, beginning Deo. 1, 1912,
numbers 601 and above mature Deo. 1, 1924. There is a sinking fund
for bonds numbered 1,801 and upward. Consols for $1,800,000 are
reserved to retire the first mortgage bonds as they mature.
Road System consists of two east and west cross-town lines, two
belt lines and route connecting northwesterly central and northeastern
portion of the city. Operates 62 miles of track with trolley.
Latest Earnings- lOmos., ) 1899. .Gross, $369,100; net, $127,772
Jan. 1 to Oct. 31.
$1898. .Gross. 326,716; net, 106,529
Earnings— For year ending Dec. 31, 1898, gross, $401,179; net,
$134,402. In 1897, gross, $394,213; net, $128,410. Iq 1896, gross,
$423,066; net over taxes, $136,589; int. (including 6 mos'. int. on
consols), $115,000; bal., surplus for year. $21,589.
Officers— Pres., Albert Pack; Vice-Pres. and Treas., J. C. Hutchlns;
Sec, A. E. Peters; Gen. Man., A. B. du Pont.- V. 65, p. 1219; V. 68.
p. 670; V. 69, p. 384.
—
DETROIT FORT
WAYNE
& BELLE ISLE-
Organization— Successor
in 1898 to the Fort Wayne & Belle Isle.
Controlled by Citizens' Traction Co.
Stock
Date.
Bonds—
interest. Outntanding. Maturity.
&
Stock, par $100
$1,200,000
Ist M.,g., $1,200,000.. c
1898
5g. A-O
1,200,000 Apr. 1, 1927
New mortgaee (N.Y. Security & Trust Co., trustee), is for $1,200,000,
of which $345,000 were issued to retire old Ist 6s on Apr. 1, 1899.
V. 68, p. 524.
Road— 25 miles of trolley track.
Latest Earnings— lO mos., ) 1899 ...Gross, $173,459; net, $73,882
Jan. 1 to Oct. 31.
{1898 ...Gross, 152,258; net, 61,430
Earnings— For the year 1898 gross, $184,228; net, $74,439.
Officers— President, J. C. Hutchlns; Sec'y, A. E. Peters. V. 66, p. 856;
V. 68, p. 524; V. 69, p. 384.
&
Bonds—
interest.
Outstanding.
5
Date.
$500,000
900,000
1899
Officers— President, Edw. W. Voight; Vice-Pres. and
Post; Secy., James A. Randall.— V. 69, p. 541.
Organization— Chartered in 1897. Road operated from Oct. 1, 1898.
Date.
interest. Outstand'a.
Stock & Bonds—
Maturily
Stock, $300,000 (par $100)
\ ^^^^
Ist m.. $260 000
isi
!t,^t)U,UUU
M
^m°S6o*'ea*)^sf' $5^600 { 1898
innuX after 190^^^^^^^
$300,000
6g— J.-J. Vee text.
July r,'i927
hnt.atN.Y. Sec. & Trust Co., N. Y., Trus.
.-.g-M.-N.
Y. Sec.
See text.
&
Tr. Co., N.
May
2, 1928
Y.,Vustee.
Of the Ist con. 58 $260,000 have been reserved to take up the Ist 6s.
In Nov., 1899, the Co. reported that no bonds of either issue were
held by the public.
May
1,
1919
Treas.,
Hoyt
DETROIT & PONTIAC RY.-A trolley road.
of Oakland Ry.
for $500,000 of 5 per cent gold bonds of 1897, due
Feb. 1, 1922, (trustee, Washington Trust Co., New York), of which
$300,000 for debts and the extension of its lines from the present
terminus at Birmingham, Oakland Co., Mich., to Pontiac, balance for
First
mortgage
is
double track or enlarging power house. 19 railes; all issued. Stock,
$500,000; all outstanding. Pres., Geo. Hendrie; Sec. and Treas., Strathearn Hendrie. Office, Hammond Building, Detroit.
DETROIT ROCHESTER ROMEO & LAKE
ORION.-Trolley.
Operates a road of 44 miles, running from Royal Oak to Rochester,
and extending to Romeo and Oxford. Completed in 1899. Gold mortgage $600,000, in denominations of $500 and $1,000, dated July 1.
1899, 20 year, at 5 p. c Union Trust Co. of Detroit, trustee. General
Manager, John Winter; Secretary, Isaac N. Payne.
DETROIT YPSILANTI & ANN ARBOR RY-OrQANIZATION— Organized in 1897 to buUd a road from Addison
Ave. In Springwells to the Michigan Central Depot in Ann Arbor.
Has trackage over Detroit Electric in Springwells and Detroit Citizens in Detroit. In 1898 absorbed Ann Arbor & Ypsilanti EL Ry.
Date, interest.
Outstanding.
Maturity.
Bonds—
Stock
Stock, com. ($400,000)
$400,000
Nov. 1,1917
l8tM.($600,000), g. ($500) 1897 6g.M-N
600,000
or $1,000 each)
5 Interest at Union Trust Co., Detroit, trustee.
Feb. 1, 1924
100,000
^°».^«^on!t^An°il«m°^ 1899 6g.F-A
'
^ Interest at Union Trust Co.,Detroit. trustee.
f y V„.w*
&
'
'
ly......*. ....... J
Of the consols, $600,000 are reserved to retire the 1st 68, $100,000
have been issued for improvements and $300,000 are reserved for
future improvements.- V. 68, p. 282.
Road— Completed and operated to Ann Arbor June 1, 1898. Total
road now operated, 43 miles. Pres't, James D. Hawks; Sec'y, F. A*
Hinchman. Ofilce, Union Trust Building, Detroit.— V. 68, p. 282.
DETROIT PLYMOUTH & NORTHVILLE
RY.— To be a trolley road.
Chartered in 1898 to build an electric
road from Detroit through Wayne (there connecting with the Det. Y.
& Ann Arbor Ry.) and other towns and villages in Wayne County.
Completed Wayne to Northville, 15*75 miles.
Stock and Bonds—
Date.
Stock, $150.000
Ist M.. gold. $150,000 ($100
and $500 each) s.f. an'ly.*..c
Officers— Pres., John A.
Wiokham.— V.
Interest.
Outtt'ng.
Maturity,
$150,000
M.-N. 150,000 Mayl. 1918
Jan.
0898
X
6
Russell;
g.
Union
Tr. Co., Detroit, Trus.
Treas., J. H. CuUen; See. H. P.
Int. at
67, p. 274.
THE RAPID RAILAVAY.-A
Organization— Chartered March
trolley road.
Constructed and equipped
on steam railroad standard for purpose of making high speed. By
1.
1894.
agreement between this company and the Citizens' Street Railway
Company, through cars are run between Mt. Clemens and the business
centre of Detroit. Road was opened for business July 14, 1895. In
1898 the Rapid Railroad was organized to build an extension from Mt.
Clemens to Port Huron, Mich., 40 miles. See statement of that comIn Feb., 1899, acquired the Mt. Clemens & Marine
pany below.
City Co.
organized under the laws of New Jersey to con
Rapid Railway Co. and the City Electric Line in Port
Huron with the Detroit & River St. Clair Railway and the Mt.
Clemens & Lakeside Traction Co. for the purpose of establishing a
through route from Detroit to Port Huron. The system is expected to
be completed by the spring of 1900.
A company has been
solidate the
&
Bonds—
Maturity,
$250,000f.p
300,000
Mar. 1,1915
5 g. M-S
$ 1895
\ Int. at Finance Co. of Penna.. Phila., Trustee.
See text
5 M-N
Consolidated mortgage, 5 1896
$600,000
< Int. at Finance Co. of Penna. Phila. Trustee.
The first mortgage covers the entire property and franchises. Including fire-proof power and car houses. Of the consol. mortgage
bonds of 1896, $300,000 are reserved to take up the firsts, and the
balance is being issued for extensions and improvements.
Road— Detroit to Mt. Clemens, Mich., 17 miles of track. Extensions
and additions are contemplated.
Earnings— For year ending July 31, 1898, gross, $76,776; net, $41,-
Stock
Date,
interest.
Outstanding.
Stock, par $100
1st mortgage, $300,000,
gold ($1,000)
c*
,
DETROIT LAKE SHORE & MT. CLEMENS
RAIL^VAY-A trolley road.
Maturitg.
Organization— Chartered in 1897; successor
B. l>f aJx
$1,000,000
—
Stock
Stock, $5<'0,000
Mtg.,
900,000
,
882; interest, $15,000; balance, surplus, $26,882.
President, Cornelius J. Reilly; Treas.. Charles M. Swift.— V. 63, p. 602.
RAPID RAILROAD—To be a trolley road.
Organization.— Incorporated in 1898 to build an extension of the
Rapid Railway from Mt. Clemens to Port Huron, Mich., 40 miles, via
STKEET RAILWAYS.
Algonao, Marine City and St. Clair. The connection
a favorite summer resort, now accessible only
by boat, will be by bridge and embankment across Anchor Bay, for
which the U. 8. War Department has issued a permit. Stock, $1,000,000.
Officers— President, C. J. Rellly Treasurer, Charles M. Swift.
St. Clair Flats,
with
St. Clair Flats,
;
V/'YANDOTTE & DETROIT RIVER RYRoad, Securities, Etc.—Trolley, lOia miles of track. Report
that road has been purchased by the Citizens' Ry. is not correctStock authorized, $250,000; issued to Dec. 31, 1898. $200,000. In Oeo.,
1898, made a mortgage to the Union Trust Co. of Detroit to secure
$425,000 20-year bonds, dated Deo. 1, 1898, of which sufficient are
reserved to retire the outstanding $200,000 bonds, maturing 1903;
balance for improvements. For year ending Dec. 31, 1895, gross,
$35,407; net, $12,725.
Officers— President, J. C. Hutchins.
DOVER,
N. H.
12,790; IN 1880 was 11,687;
AND IN 1870 WAS 9,294.
trolley road.
Organization— Reorganization in 1897 of Union St. Ry., foreclosed.
Outstanding.
interest.
Maturity.
Date,
Stock
Bonds—
$100,000
Stock, $100,000
100,000
Feb. 15,1917
5 g.
IstM., $100,000, gold.. 1897
Road Owns road 8 miles long, parallelling a steam road and con
necting Dover with Somersworth. For year ending June 30, 1898, gross
President, Sumner Wallace; Treasurer, Harry
earnings, $34,846.
POPOLATION 1890 WAS
UNION ELECTRIC RY.-A
&
37
Stock— Had an authorized capital of $300,000; par, $100, of which
$150,000, full paid, was outstanding. Also first mortgage 7s of 1892,
gold 0*; authorized $200,000
Issued $192,000. But interest was In
default and mortgage has been foreclosed. Bonds covered road and
4,000 acres of land. Reorganization under way. RoAD— Owned 5"96
miles of track.
Officers— President, G. G. Hartley; Vice-President, J. D. Strykei
Secretary, T. W. Hoopes Treasurer. A. R. Macfarlane.
;
;
EAST LIVERPOOL, OHIO.
Population 1890 was 10,956; 1880 was 5,568;
and in 1870 was 2.105.
EAST LIVERPOOL RAILWAY.-A trolley road.
Organization.- A reorganization in May, 1897, of the East Liverpool & Wellsville Street RR., sold by sheriff. In 1898 population of
East Liverpool was said to be 14,000 and of Wellsville 7,000.
Date interest. Outstand'g.
Maturity.
Stock & Bonds.—
$300000
Stock, $300,000
5g. J-D
150.000
1917
Boston Safe Dep.&Tr.Co.,Trustee.
\
2d (incomf)M., $150,000.... <
5g. Sept. $150,000
1917
($500 each.)
\ Int.at Boston Safe Dep.'feTr.Co.,Trustee.
Road—Operates 9^4 miles of track. Pres John B. Hoefgen.—V. 64,
l8tM.,g.,$150,000($500ea.)
Not subject
,
287.
p.
^
—
Hough. -V.
EAST
DUBUQUE, IOWA.
EAST
Population 1890 was 30,311; in 1880 was 22,254;
AND in 1870 WAS 18,434.
HOME electricIn September,
ST.
The $150,000
LOUIS ELECTRIC STREET RR.
mortgage 6s were paid off Aug. 12, 1899, leaving
the consolidated mortgage the only lien on the property.
Date, interest. Outstanding.
Maturity.
Stock
Bonds—
Stock paid In in 1894
$336,000
Consol. M. $500,000, g..
1893 6 g. F-A
Aug. 1, 1908
290,000
Interest is payable at Mississippi Valley Trust Co., trustee, St. Louis.
Road— Operates 14 miles of track. Operated from March 1, 1897,
by the Terminal RR. Assn. of St. Louis, which purchased the entire
capital stock for $2 10,000.
Earnings- For calendar year 1898 gross, $118,652; net, $46,197;
In 1897, gross, $95,809; net»
Int., div., etc., $39,026; sur., $7,171.
$31,429.
Officers (Nov., 1898)— President, Julius S. Walsh: Vice-President,
E. P. Bryan; Secretary, C. K. Walsh; Treasurer, F. O. Daab. Directors,
Julius S. Walsh, E. P. Bryan, C. K. D. Walsh, H. D. Sexton, F. C. Daab,
James Hanna and C. T. Jones. V. 69, p. 179.
1st
&
was organized as successor by
of the Dubuque Light & Traction Co. Capital,
1899,
purchase at foreclosure
$100,000 (par $100) all issued.
ST. LOUIS, ILL.
Population in 1890 was 15,169; in 1880 was 9,185;
AND IN 1870 was 5,644.
62, p. 1140.
Organ IZATION—
<
Int. at
to call.
No bonds
or mortgages on the prop-
erty.
Officers— Prefident, D. D. Myers; Vlce-Pres., John Ellwanger;
Secy, and Treas., Geo. W. Keisel; Manager, W. J. Brown, all DubuqueRoad— Operates 10^2 miles of track in the citv of Dubuque, Iowa,
extending to West Dubuque and to Stewart Park.—V. 68, p. 84, 1180;
V. 69, p. 591.
DUBUQUE STREET RAILWAY-A
trolley road.
Organization- Incorporated April 25, 1890. la July, 1899, sold to
a syndicate of capitalists headed by E. E. Lineham and W. S. Molo.
The mortgage below has been foreclosed.
Maturity.
Date, interest. Outstand'g.
Stock & Bonds—
$375,000
Stock, $500,000
l8tcon.M.for$250,00O,gold.c* 1891 6g. J-J
Jn.1,1911
(1)
Trustee, Illinois Trust & Savings Bank, Chicago.
Road Owns 15 miles of track on 9 miles of street.
Officers—President, C. Rhomberg; Secretary, C. H. Meyer; VicePresident and Superintendent, J. H. Rhomberg.
—
MISSISSIPPI
to build two lines from East
Louis through Venice, Madison, Granite City and East Alton to
Alton, 111., and from East St. Louis through Collinsville and Edwardsville to Alton, in all 20 miles. In November, 1899, much preliminary
work had been done. President, Charles E. Carroll; Sec. and Treas'r,
August Holthaus, St. Louis, Mo.
DULUTH, MINN.
EASTON, PA.
Population 1890 was 14,481; in 1880 was 11,924;
AND in 1870 WAS 10,988.
DULUTH STREET RAILAVAY-A
Organization— Organized under
&
Road—System.—The system embraces 28-84 miles of single track
aurface and l^e miles elevated incline road; whole road is doubletracked; also operates 13-4 miles (see below) for land companies. See
Duluth-Superlor Bridge items, V. 63, p. 310, 504. Operated for land
companies: Lakeside St. Ry., 7-44 miles of track, and Motor Line
Improvement Co., 596 miles of track.
Gross, $47,00i
Latest Earnings— ? 1^99
net, $24,204
2 months to Aug. 31. 5 1898
Gros.s, 40,530; net, 20,694
r 1898-9... -Gross, $215,856; net, $102,193
EaRninqs—12 months, J 1897-8
Gross, 201,«40; net,
98,421
July 1 to June 30.
11896-7
Gross, 202,031; net,
91,876
[1895-6
Gross, 219,927; net, 120,865
Officers- President, L. Mendenhall; Secretary and Treasurer, T. W.
Hoopes; Gen. Managerand Purchasing Agent, H. Warren. V. 66, p. 73.
;
MOTOR LINE IMPRO VEMENT.-a
trolley road.
years as a real estate com-
Organization— Chartered in 1890 for 30
pany and only uses its road, which is operated by the Duluth Street
Railway Company on a mileage basis, to reach its property.
RY.-To be a trolley road.
St.
POPOLATION 1890 WAS 33,115; IN 1880 was 3,483;
AND IN 1870 WAS 3,131.
trolley road.
act of Minnesota approved Nov. 17,
1881, and possesses " an exclusive franchise," doing the entire street
railway traffic of the city. Thomson-Houston system. 60 lb. T and 45
lb. girder rails. The Duluth St. Ry. has the right to purchase the
Lakeside St. Ry. (which is now operated) at any time for cost. Population in 1895, by local census, was over 60,000. The Duluth-Superior
Bridge at West Superior is used by the railway, but is a separate 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.
Date, interest. Outstand'g.
Stock
Bonds—
Maturity<3apital stock
$2,000,000
l8t consol. mortgage
1890 6 J-J
100,000 Jan. 1, 1920
July, 1898, int. in default.
5
J-J
900,000 Jan. 1, 1920
A„
5 1890
An
<Jan., 1899, interest in default.
Consol. mortgage, gold
)
1894 5 g J-J
1,039,000 July 1, 1924
$2,500,000 ($l,000)....c* J Jan., 1898, int. in default.
Thfi consol. mortgage ot 1894. is for $2,500,000, of which $1,000,000
resefved for prior liens and $500,000 held in trust for future betterments and extensions.
Receiver— In July, 1898, President L. Mendenhall was appointed
receiver preparatory, it was said, to reorganization.
V. 67, p. 73.
Aug. 1, 1899, no suits for foreclosure had yet been begun.
VALLEY
Organization-Incorporatedin 1898
EASTON CONSOLIDATED ELECTRICConsolidation in 1899 of the Easton Transit Co., the Edison Illuminating Co. of Easton and the Easton Palmer & Bethlehem. Incorporated
in
New Jersey.
&
Bonds— Stock authorized is $1,500,000, on which 20 per
cent has been paid in. Dealt in on the unlisted department of the
Philadelphia Stock Exchange.
Date.
Interest. Outstanding.
Maturity.
20% paid in
Stock, $1,500,000; par, $50
880,000
Collateral trust, g., c.*l,-S 1899 5g.
May 1,1949
300,000 ($1,000, $500) I Int. at Girard Trust Co. (Phil.), trustee.
The collateral trust bonds have no sinking fund, and are 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 Easton & Beth. Transit bonds. Issue is secured by a
pledge of $287,500 (out of $300,000) stock of the Easton Transit Co.
11,500 shares of Edison Illuminating stock, 1,900 shares of Pennsylvania Motor stock and 2,140 shares of Easton & Bethlehem Transit
Stock
M&N
.
stock.
Road—Including the Easton Transit and Easton Palmer & Bethlehem, operates about 36 miles of track, being the entire street-railway system of Easton, South Easton and Phiiipsburg, with the line
from Easton to Bethlehem.
Latest Earnings.— For six months to Sept. 30, 1809, gross was
$149,312; net, $65,559; charges, $42,313 surplus, $23,246.
Officers—President, William Hinckle Smith, Philadelphia; Secre;
tary, E. B. Maltby; Treasurer, A. D. Chidsey.
( 1 )
V. 68, p. 524, 670, 976.
EASTON TRANSIT— A trolley road.
Organization- Chartered June 30, 1892. Franchise is perpetual
and gives exclusive rights to operate street railway in city. The Pennsylvania Motor Co. and Easton & Bethlehem Transit are leased for
$3,600 each yearly, being interest on their bonds.
In 1899 purchased by Stern & Silverman of Philadelphia and now
controlled by the Easton Consolidated Electric Company.
Stock
&
Bonds—
Stock, par, $50
Miles.
Outsland'g. Last Div., ^c
See text.
$300,000
1922
300,000
5 A-O
at 103 in 1897 and redeem, after
Date, interest.
latmort 'fiS00 00n( ll'^ 1892
g.!$206&|500 c&r J 8"''Jr''^ t" call
Interest payable at Easton Trust Co.. Trustee.
-
:;
STKEET RAILWAYS.
38
Stock
&
Bonds—
mies. Date, interest.
Pft MoTor^^r^'Tstltf
ra. woTor oo. isi m.,.
\
^
Outstand'g.
SECURITIES TO BE OUTSTANDING UNDER REORGANIZATION.
LaslDiv.,<ec
Apr. 1.
3 1881 6 A-0
$60,000
Lacka. Tr. & Safe Dep. Co. (Scranton), trustee
Aug. 1, 1924
41 1894 6
60,00
1941
Easton ife Bethlehem ^
Transit Co. Bonds s E. P. WUbur Tr. Co., trustee; red. aft. Aug 1,'04
Z>ictdetirf«— For 1895-96, 3 p. o.; for 1896-97, 3 p. c; for 1897-8, nil.
Road—Track 19^ miles, including:
Milc^
Miles.
Leased Lines—
Track owned In fee
Pennsylvania Motor
3
9
Entire stock owned:
Easton <fe Bethlehem Transit. 3
Phillips., N.J.,Horse Car Co. 212 Weygadt Mt. RR
2
For year ending June 30, 1898, gross, $125,186: net, $45,169; taxes.
$3,350: interest, $21,355; rentals, etc., $9,470.—V. 68, 524, 670.
(2) EASTON PALMER & BETHLEHEM ELECTRIC RY.
In May iiurohased by the Easton Consolidated Electric.
Organization— Chartered in 1898. Trolley line 11 miles from
Easton via Butztown, Farmersville and Altouah, of which 6*a miles
on private right of way; opened Nov. 6, 1898. Owns lO-dcre park at
Farmersville. Stock, $100,000 common and $100,000 6 per cent preferred; all outstanding; par of each, $50. Bonds, $200,000 Ist 20-year
gold 58, all outstanding, due Dec. 31, 1918. int. J&J, at United States
Mortgage & Trust Co., New York, trustee.
I
|
I
Date.
Stock
Elmira Wat. Works
New
1
St
M
Ist M., $2,000,000
Amount,
Maturity,
$1,000,000
1913
339,000
1,461,000 Jan. 1, 1949-
Interest.
6
1899
5g. J.-J.
gold
Subject to call at 105 and interest.
I
2d M. income 4%
1,200,000 Called at lOa
1899
Of the new Ist Ss, $339,000 reserved to retire at maturity the first
mortgage bonds of the Elmira Water Works Co., due 1913, and $200,000 for extensions and Improvements.
Consol. 58 will receive per $1,000 principal of old bonds, $500 in
<
|
EAU CLAIRE,
new first 58, $500
in incomes and $100 in new stock. Funded and
unpaid coupons will receive 100 per cent in second mortgage incomes.
The $1,000,000 old stock Is assessed 10 percent and receives 10 per
cent in new first 5s and 50 per cent in new stock. In November, 1899,
over $1,400,000 of bonds had been deposited with the United States
Mortgage & Trust Company under the plan.
Earnings—The fixed charges of the new company will be $93,390.
The present earnings, as shown below,
Tear.
1898
1897
thougnt, will be increased.
Taxes.
Bat. for int.-
$119,03fi
115,382
'WEST SIDE RAILROAD.-A
&
Bonds—
$15,481
14,571
$103,555
100,811
trolley road.
interest. Outstand'g.
Maturity,
Stock, $300,000 ($100)
$105,000
1st mortgage, g., $300,000.
1894 5g.A-0
300,000 Oct. 1, 1914
1898-9 1897 8^
Road— 8-5 miles of single track
Earnings—
and 0-92 mUe sidings, etc.
Gross
$51,706 $51,364
^VIS.
Date,
.
;
CHIPPEWA VALLEY ELECTRIC
it is
Net.
$282,037
275,338
Stock
Population 1890 was 17,415 in 1830 was 10,119
AND IN 1870 was 2.293.
RY.-
&
Date, interest.
Outstanding.
Last THv.
StocK
Bonds—
Stock, $200,000; par $100
Jan.l5.'99, 3
6 J-J
$200,000
First M.. $200,000 gold) 1898 6 g. A-O
Oct. 1,1918
200,000
($l,000each)not sub.call ) 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 franchise at Eue Claire. Road opened Sept. 2,
1898.
President, A. E. Appleyard, Boston, Mass.; Bupt., J. R. Harrigan,
Officers— Pres't, C. M. Tompkins; Sec, P. V. Bryan; Treas., H.
;
•
13,390
17,356
11,557
16.878
ERIE, PA.
POPULATION 1890 WAS 40,634; in 1880 WAS 27,737;
AND IN 1870 WAS 19.646.
ERIE ELECTRIC MOTOR CO.-
Organization -Chartered Octobers, 1888. This company leases for
999 years the Erie City Passenger Railway at 6 per cent on its stock,,
having secured a controlling interest in its stock. Population in 1895
was said to be 52,000. Bills payable, etc., June 30, 1898, $145,858.
Stock
ELGIN, ILL.
Net
Charges
H. Hallock.
;
Eau Claire.
Gross.
Bonds—
&
OutsVding. Maturity,
$700,000f.p
1889 6g. J - J 200,000
Jan. 1, 191»^
($1,000), gold
c 5 Interest at Cent. Trust Co., trustee, N. Y. City.
2d mort'ge ($150,000) >.... 1889 6g. J - J $150,000
Jan. 1, 1919
($1,000), gold
c S Interest at Cent. Trust Co., trustee, N. Y. City.
Miles.
Date.
Interest.
Stock ($700,000) ($100)
Istmort'ge ($200,000))....
POPULATION 1890 WAS 17,823 in 1880 was 8.787
AND IN 1870 5,441.
;
ELGIN CITY CARPENTERSVILLE & AU-
RORA RAILWAY.—A
Elgin
Population
Erie City Pass'gr Ry.—
Stock (rental 6 p. c)
trolley road. Also owns an electriclight plant.
of
(school census) 1896 was 22,000.
Organization, Etc.— consolidation in 1897.
Miles. Date, interest. Outstand'g. Div., etc.
Stock
Bonds
Stock ($500,000 author'd)
$500,000 6% in '98
1897 5 F-A
200,000
1907
Klein ntv Rv 1 St Mort J 13
JSlgln City Ry. Ist Mort..
^ interest at Farmers' L.& T. Co., N. Y. City.
E. & A. 1st mortgage
O.
100,000
Dividends— Old companies each in 1895 paid 6 p. c; in 1896, 6 p. o.
6 p. o. $100,000
mortgage
6 A-O
25.000
Oct. 1. 1913
Bonds—The bonds are not subject to call before maturity.
Road— On June 30, 1899, was operating 21 miles of track on 18 milesof street, and holds perpetual trackage rights in all the city streets.
New company in 1897 and
net, $36,339; interest
a
—
&
Road— Owns
1898 6
p. c.
12 miles of track in Eigin (40 and45-lb.
and 18 miles
T
and girder
Dundee, Coleman, "Geneva, etc. (60 and 65 lb. T
total traok, 30 miles. President, William Grote; Secretary;
A. B. Church; Treasurer, E. D. Waldron.
rails),
rails)
to
;
ELIZABETH,
Population 1890 was 37,764;
AND
IN 1870
was
N.
in 1880
20.832.
was
28,229;
connected with the present Elizabeth system, provided proper terms
can be arranged. V. 67, p. 370. In year 1898 gross earnings, $9,894;
expenses. $15,981; balance, deBcit for year, $6,087. Treasurer, EdC. WoodruflF.
N.
Y.
POPULATION 1890 WAS 29,708 m 1880 was 20,541
AND IN 1870 was 15.863.
;
ELMIRA & HORSEHEADS
OrQanizaton— In 1892
RY.-Mostly
the entire $380,000 capital stock
Road—Includes Elmira
<& Horseheads Ry., 9*05 miles owned: West
2-424 miles, and Maple Ave., 1*85 miles, both leased; total,
14-324 miles.
Income Account for 1898.—Gross earnings from operation, $60,394; income from other fiotirces, $1,775; total Income, $62,169 operating expenses, $64,164; other charges, $5,161; total expenses,
$69,325 deficit for 1898, $7,156.
Officers— President, Carl Q. Rasmus; Vice-President, H. E. Duncan; Secretary and Treasurer, James M. Dlven.
;
ELMIRA MUNICIPAL IMPROVEMENT COMPANY.
December, 1897, the Guaranty Trust Co., New York, brought
Improvement Company's mortgage of 1942, under
which $1,461,000 bonds were outstanding, and H. A. Murray, Treas. &
Secy, of Guar. Trust Co., was made receiver of the Improvement Co.—
V. 65, p. 1071. In Dec, 1898, a reorganization committee, with George
W. Young as Chairman, prepared a reorganization plan by which
after foreclosure, a newcompany, probably to be called the ELMIRA
WATER, LIGHT & STREET RY. CO., will issue the foUowlng securl.
suit to foreclose the
Reorganization has been delayed by opposition of a few outstanding bonds. Earnings are being used to develop property.
ties.
gross, $141.947j
In year 1896-7, gross,
Officers— President, J. S. Casement, Palnesville, O; Secretary and
Treasurer, J. L. Sternberg. Erie. Office, 202 State St., Erie.
RY.-Tobea.
Incorporated in June, 1898, to build 20 miles of eleotrio
road in Erie. Stock, $300,000. In Jan., 1899, all franchises and rights,
of way were reported to have been obtained, but in Nov.. 1 899, no road
built. President, E. T. Walker, Phila.; Secretary, G. D. Howell, Phila.;
Treas., Isaac Walker, Phila.; General Manager. L. G. Chase, Erie.
ESCANABA, MICH.
Population 1890 was 6,808; in 1880 was 3,860;
AND IN 1870 WAS 1,370.
ESCANABA ELECTRIC RY
Organization, Etc.—a reorganization in 1898 of the Esc Eleo. St.
Ry; Owns 7H miles of track. In 1899 extended to a connection with
the "Soo" road. Stock, $50,000; all paid in. No bonds. Four months
ending Dec. 31, 1898, gross, $2,029; net, $162. President and Man.^
A. R. Moore; Secretary, I. C. Jennings; Treasurer, Edward Erickson.
EVANSVILLE,
trolley.
749.
In
and taxes, $32,764.
$140,805; net, $35,391.
IND.
Population 1890 was 50,756; in 1880 was 29,280;
and in 1870 was 21.830.
,
St.,
31, 1898, gross, $144,400, against $140,^
Annual Report—For year ending June 30,1898,
was pur-
chased by the Elmira Municipal Improvement Co which operated the
gas works, electrlo-llght plant and water-works In Elmira.— V. 61, p.
Water
Dec
l to
trolley road.
Organization- Formerly a horse road, but in 1899 converted into a
trolley Une. Stock Jan. 1, 1899, $50,000; unfunded debt, $50,514;
total cost of road and equipment, $100,514. Owns S'h miles of track.
In September, 1898, paid $250,000 for a franchise along Westfleld Ave.
to Plainlleld, the new line, 12 miles, to be equipped electrically and
ELMIRA,
Earnings—Jan.
845 in 1897.
ERIE RAPID TRANSIT STREET
J.
ELIZABETH STREET RAIL^WAY-A trolley road.
ward
1st
EVANSVILLE STREET RR. -A trolley road
Organization— Chartered in May, 1866. On Apr. 14, 1899, H. D.
Moran was appointed receiver. V. 68, p. 722. A reorganization plait
has been agreed upon and declared operative, $859,000 of the bonds
having up to Nov., 1899, assented to it. Interest will be reduced from
6 per cent to 4 per cent, and new bonds given dollar for aoUar. The
new mortgage
will be for $1,200,000. The Reorganization Committee
consists of Geo. A. W. Dodge (Chairman), New Haven, Ct.; Henry D.
Lyman, New York, and John Eliot Bowles, Secretary, 15 Broad St.,
New York.
Stock
&
Bonds—
Miles.
Date,
interest.
Outstand'g.
Maturity.
$500,000
Stock
1892 6g.J-J
1,000,000 Jan.'i,"l922
Last coupon paid Jan., 1899.
Road—Owns 2712 miles of trolley track. Ralls 56 and 60 lbs. Westinghouse system.
l6t M., $1,000,000,
gold
<
2713
\
EXETER, N. H.
1880 was
EXETER HAMPTON & AMESBURY
This
consolidation
Population 1890 was 4.284;
RY.—Trolley.
the
is
a
Hampton & Amesbury and
in
3,569.
ST.
of the Exeter Street RR.,
the Rockingham Electric. Com-
STEEET EAILWAYS.
prises about 23 miles, extending from Exeter to Hampton Beach and
to Amesbury. Road opened its entire length July 4, 1899.
Stock
&
Bonds—
Date.
Stock ($225,000) ($100)
Ist Mort. $225,000
($1,000)
m
<
A
1899
<Int.
Nov.
interest.
Oulsl'ding.
F.
-
5 J.-D.
'Maturity.
$225,000
225,000 June
Am. Loan &Tr.
1,
1919
Co., Boston, Trustee
Dividends—
Officers— President, Warreu Brown, Hampton Falls; Seo'y, John
Templeton.Eseter; Treas., Edwin L. Pride, Boston.— V. 68,p. 379, 1076.
p- o-
l, I8!>i».
39
over the Fort Smith Street Ry. (8*44 miles of track on 7^ mUes of
street) and transform it into an electric system to be operated in conjunction with an electric light plant. Up to Nov., 1899, 6 miles had
been converted.
Stock
Stock
&
Bonds—
S.
Z.
FT.
^VAYNE traction-
in October, 1899, as successor by purConsolidated, which included the old Fort
Wayne Electric Ry., the Citizens* Street Ry., the Fort Wayne Street
Ry. and the C. L. Centlivre Street Ry.
In 1898 population of Fort
Wayne was said to be 50,000.
Organization— Organized
Wayne
chase of the Ft.
&
Bonds—
Date,
interest.
Maturity.
Outstand'g.
(1)
Mortgage ($1,500,000)...
;
RY.-AtroUey
IND.
;
Stock ($2,000,000)
Population 1890 was 18,553 in 1880 was 5,553
and in 1870 was 4,073.
FINDLAY STREET
Secretary, A. N. Sicard.
FORT V/AYNE,
Stock
FINDLAY, OHIO.
J. E. Foster;
Population 1890 was 35,393 in 1880 was 26,880
AND IN 1870 was 17,718.
April,
from the Bellinftham Bay Electric Railway Co. President,
MltcheU; Sec. and Treas.. C. N. Huggius.— V. 66, p. 810.
Maturity.
1929
1»98
5
Bonds («200 000»
(.1-200,000)
^
Officers— President, Samuel McLoud; Vice-President, Chas. H.
FAIRHAVEN, ^VASH.
NORTHERN RY.1898, IMPROVEMKNT CO.&
the Northern Ry. & Improvement
In
ORQAnization—
Outslanding.
Rate.
$125,500
6
85,500
May be redeemed 1919.
Smith; Treasurer,
Co. became the owner of the Fairhaven & New Whatcom Railway,
which was sold at auction in April, 1897. Stock, $200,000. Bonds, authorized, $200,000; issued, $80,000. Old Colony Trust Co., Boston,
Trustee. Operates 18^ miles of troUey track, including 3 miles leased
Date.
{
(JuaMian Trust C^f C^evelLndVTrustee."
Road—Operates 31
railway.
Organization— Chartered in September, 1887. Grants are for 25
years from 1887— rates of fare embodied in ordinance, 5 cents. Council
reserved right to charge $5 per annum per car operated. Has no
paying to do, but must keep portion between rails in repair so long as
horses are used. On June 22. 1899, received from the city of Findlay
and Hancock County Commissioners a franchise for 25 years from
that date, conditioned on the extension of the line 2ig miles, which
\rill be done.
Bonds will be issued to build the extension.
Date,
interest. Oulslandlng.
Maturity.
Stock & Bonds —
€took, $20,000 (par. $25)
$150,000 f. p
Ist mort., $150,000, gold. ) 1895 5 g. M-N 116,000
May, 1911
$1,000, not subj. to call. 5 Int. at Cent. Tr. & S. Dep. Co., Cincinnati, O.
Bills payable June 30, 1899, $35,000.
Earnings- For year 1898 net was $12,127.
Road—Main line 413 miles double track, operated by electricity.
Officers— President, Geo. B. Kerper; sec, J. A. Bope; Treas.,
General Manager *nd Purchasing Agent, C. F. Smith.
-C. D. Kinney
;
—
miles of trolley track.
President, J. H. Wade, Cleveland.
V. 61. p. 966. 1107; V. 63, p. 458; V. 67, p. 125; V. 69, p. 180, 695„
955,1061.
FORT V/ORTH, TEX.
Population 1890 was 23.076 and in 1880 was 6,663,
city RAILWAY-A
trolley road.
Road— Operates 7^ miles of track on 5^ miles
of streets.
was purchased by Morgan Jones, and is owned in fee
gimplebyhim. Is operated jointly with the Fort Worth Street By.,
expenses of operation being divided by the two companies. General
consolidation of all Fort. Worth roads expected.
Officers—President, Morgan Jones; Secretary, W. E. Kauffman.—
In 1899 road
V. 68, p. 473.
FORT WORTH & ARLINOTON heiohts
STREET railway-
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.
Ry., Ft.
FISHKILL-ON-THE-HUDSON,
N.
Y
Population in 1890 was 3,617; in 1880 was 2,503;
and in 1870 was 2,992.
CITIZENS STREET
Organization— Opened
RAII-,^^^AY.-A trolley road.
to traffic
Stock, $75,000, par $100.. $75,000
l8t mortgage 6s,
75,000
(Due 1912, optional after 1897.)
M&N
Leased Line—
Flshkill Eleo. Ist M., 68,
$40,000
of 1895, due 1915.
I
Flshkill stock ($50,000> to receive same dividends as Citizens.
Road— Owns 3 miles of single
-and '25 miles of second track.
August
27, 1892.
Also operates FishkUl Electric
By., 4 miles.
Earnings—Year ending June 30.
Gross
'
Officers — Pres,. J. T.Smith;
Net
Charges
Dividends
Balance
1897
1898
$33,934
10,266
$35,975
11,330
9,063
8,269
none.
8ur.l,997
Sec. S.K.Phlllips; Treas. W.
none
8UX '2,267
H.Southard.
AND
WAS 22,037
1870 WAS
;
IN
IN 1880
11.260.
was
FORT "WORTH STREET RY.-A trolley
road.
Street
Organization—Chartered in 1894 to succeed the North Side
BR. Co., foreclosed Nov. 20. Stock, $200,000. Bonds, first mortgage
coupon gold 68, dated 1896 due 1S26; interest J. &. J at Mercantile
Trust Co.,
New York;
authorized, $250,000; issued, $150,000.
Morgan Jones having purchased the City Railway of Fort Worth,
the two roads are now operated jointly, expenses being divided between them.
Road— Operates I213 miles of track. President, K. M. Van Zandt;
Vice-President, Morgan Jones; Secretary, W. E. Kaufman; Gen. Supt.,
W. P. Quigg.—V. 68, p. 473.
FITCHBURG, MASS.
POPtJLATiON 1890
Ft. Worth & A. H. Street Ry. is leased for 5 years to Glenwood
Polytechnic College St. Ry.; according to recent reports, the latter
has now purchased it.
Operates 6^ miles of track on 213 miles in streets; balance, suburbao.
The
<&
12.429;
OLENTATOOD & POLYTECHNIC COLLEOE
'FITCHBURO & LEOMINSTER STREET RY. STREET
RAILAA^AYOrganization- Road extends to Leominsiei and Lunenburg.
Date.
Rate. Outstand'g.
Maturity.
Stock, Bonds Etc.—
Stk.iau., $.500,000: par, $100)
8 p. c. $250,000
See earns.
1st mort. ($.500) c, $150,000.
1897
5 A-O 150,000 Apr. 1, 1917
Loans and biUs payable Sept. 30, 1898
130,000
Dividends— In year 1894-95, 8
8 p.
0.;
in 1897-98, 8 p.
p.
c; in 1895-96, 8 p. c; in 1896-97,
c.
Road— Owns
23-97 miles of trolley, including 2-12 miles of sidings.
Earnings— For years ending Sept. 30:
1898.
1897.
1898
1897
Gross
$134,315 $133,770 Dividends paid. .$20,000 $20,000
Net
48.138
50,100 Bal.,8ur. for year 5,059
5,559
Int., taxes, etc..
23,079
24,541 Tot. sur. Sept. 30. 17,662
15,289
Officers— President, H. A. Willis; Vice-President, H. I. Wallace;
Olerk and Counsel, C. F. Baker; Treasurer, R. N. Wallis; Superintendent and Purchasing Agent, W. W. Sargent.
Reorqanization, Etc.— a reorganization in 1896 of Glenwood A
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; leasedline, 6 1^ mUes; total, 12i2niLleB.
Officers— President and General Manager, J. T. Voss; Secretary
and Treasurer, Woodford Brooks; Electrician, W. E. Voss.
—
FRAMINGHAM, MASS.
Pofulationin 1895 was 9,512; in 1890 WAS 9,239; INI88O WAS 6,235
AND IN 1870 WAS 4.968
FRAMINOHAM UNION STREET
Incorporated
RY.
Fltchburg to Leominster; opened 1898. Stock. $iO,000. Bonds are 58
-due 1918, interest A-O; American Loan & Trust Co., Boston, tiustee.
in 1887. In Nov., 1899, it was reOrganization.—
ported the Marlborough Street Railway Co. had purchased the road.
Date, interest. Outstanding. Maturity.
Stock & Bonds—
Stock (par $100.)
$.30 000
1st mortgage, currency.. < 1889
July 1, 1909
50,000
5 J-J
Not subject to call.
North Nat. Bank, Boston.
I Interest at
Eamingsforyear Sept. 30, '98, gross, $5,790; net, $2,030; interest,
and taxes, $343; balance, surplus, $1,687. President, H. L. Pierce,
L'ns,etc.pay.(net)Sep.30,'98
FITCHBURO & SUBURBAN STREET
Orqanization—Operates 4-88 miles
of trolley,
RY.-
extending from
LAC, WIS.
Population in 1890 was 12,024; in 1880 was 13,094.
FOND DU LACSTREETRY. &ELECTRIC.Fond du Lac. Stock, $100,000.
FORT SMITH, ARK.
Population 1890 was 11,311; in 1880 was 3,099;
AND IN 1870 WAS 2,227.
FT.
SMITH TRACTION, LIOHT & POWERAlfred N.
ORQAnization— Incorporated
In
$26,000
track
636
miles
;
sidings
048 of
a mile.
Earnings.— For years ending Sept. 30 earnings have been as follows:
FOND DU
Controls lines in
(?)
C?)
Road— Operates main
Leominster, Mass.
Trolley.
2dmortgaife
Debentures, etc
November, 1898,
l)y
Blcard, Ella E. Sicard, Richard C. Kerens, Charles H. Smith. J. E. Foster, Joseph M. Hill, Samuel McLoud and JanaeB Brizzolara, to take
¥r. to Sept.
30—
1898.
1897.
Gross earnings. .$30,424 $19,936
Net
11,965
6,103
Int. taxes, etc...
4,182
2,937
I
I
1897.
1898.
Bal. fox dividends.. $7,783 $3,166
2.384
Tot. 8urp. Sept. 30. 4,103
|
Officers— President, James R. Entwistle, SaxonviUe, Mass.; Treasurer, F. E. Gregory, Framingham, Mass.; Clerk of Corporation, Ira B.
Forbes, South Framingham.— V. 68, p. 1181; V. 69, p. 965.
FRANKFORT, KY.
Population 1890 was 7,892; in 1880 was 6,958
AND IN 1870 was 5,396.
FRANKFORT & SUBURBAN RY.-A
Successor
trolley road.
Organization— Incorporated June 16,1897.
Ry. sold Id foreclosure for $10,000.
Owns 5^
to Capital
miles of track, which
:
:
:
:
STREET RAILWAYS.
40
has been equipped •with modern Improvements since purchase by new
company. Stock, $10,000; bonds authorized, $40,000; Issued $30,000.
Officers— President, Charles R. Oain, SprlnKtleld, O.; Vice-President, Patrick McDonald Secy., Treas. and Gen. Man., John T. Buckley, Frankfort, Ky. V. 64, p. 422, 1180.
;
Organization— Capital stock, $50,000 par, $100. Sept. 30, 1898
loans and notes payable, $28,820, which were to be taken up by th»
issue of $30,000 of 5 per cent 30-year gold bonds.
Road— Main track, 434 miles; sidings, 012 m.; total track, 4-46 miles.
;
Earnings— For year ending
Sept. 30, 1898, gross, $17,103; net,
(Including maintenance of pleasure
grounds, $1,215), $3,819 balance, deficit for year, $844. President,
Frederick 8. CooUdge Treasurer. James A. Stiles.
$2,975; interest,
FRANKLIN, PA.
POPULATION
IN
taxes,
;
1890 WAS 6,221; IN 1880 WAS 5,010;
ANU IN 1870 WAS 3,908.
;
FRANKLIN ELECTRIC STREET RY.Stock (par $50), $00,000; let mortgage ($50,000) 68, 1894. due 1924,
$2,000; unlonded debt June 30, 1898, $44,659. Operates 3^ miles
Of track through the principal streets of Franklin, Pa. Rail, 60 lb.
For year ending June 30, 1898, gross, $13,651; net,$l,591. In 1896-7.
gross, $13,762; net, $1,426. In 1895-6, gross, $13,834; net, $2,370.
Officers—President and Treas.. E. W. Echols; Seo'ry, G. 8. White.
FREDERICK, MARYLAND.
Population in 1890 was 8,193; in 1880 was
AND IN 1870 WAS 8,526.
GENEVA,
GENEVA WATERLOO SENECA FALLS &
CAYUGA LAKE TRACTION-Trolley.
Organization- Chartered Nov. 24, 1894. February, 1895, consolidated with Geneva & Waterloo and other companies. The new company owns the Cayuga Lake Park property of 50 acres.—V. 60, p. 562
Com.
Organization— Commenced operation in fall of 1896. Capital stock
authorized, $100,000; issued, $40,000. First mortgage of 1897 Is for
$70,000 (all issued), 5 per cent, gold, $1,000, bonds, c', interest J.&J.;
principal maturing Jan. 1, 1917, but subject to call at par on and after
Jan. 1, 1907; trustee, Maryland Trust Co., Baltimore. Floating debt
June 30, 1899, $10,500. Year ending June 30, 1899, gross was $20,468; operating expenses about 60 per cent.
Road— Frederick to Middletown, 9 miles. Has leased the Catootin &
MyersvUle Electric, Myersville to Middletown, 5'^ miles, constructed
n 1898. President and Gen. Man.. Geo. W. Smith.
N. Y.
N. Y.
Population 1890 was 7,557; in 1880 was 5,878;
and in 1870 was 5.521.
&
Stock
8.659;
FREDERICK & MIDDLETOWN ELECTRIC
RAILAVAY-A trolley road.
FREDONIA,
etc.
Bonds—
stocJi. par,
Miles.
Date,
$350,000
100,000
436,500 Apl.
Pref. stock, $100,000
l8tM.,($500&$l,000)g.c*
1895 6g. A-O
1, 1920
Bills payable June 30, 1899, $3,381.
Interest at West End Tr. & S. D. Co., Phila., trustee.
Stock.—In November, 1896, the stockholders surrendered $100,000
of common stock, which was duly made into preferred stock, of whlob
100 shares was paid to the stockholders who had surrendered th»
1,000 shares of common stock.
Bonds— On June 30, 1899, $63,500 of bonds were unissued.
Road— The road extends from Geneva to Cayuga Lake Park through
Waterloo and Seneca Falls, 17 miles; sidings,
%
miles.
DUNKIRK & FREDONIA RAILROADPopulation
1895
A
in
estimated at 4,000.
Organization-Chartered April 21, 1864. Company Is also engaged
In electric lighting and steam heating, the expenses of these departments being Included in the railroad operating expenses and the receipts are shown in other income. In June, 1897. purchased Fredonia
gas plant for $9,600, giving note therefor (Included in bills payable
Jtme 30, 1898). Securities and earnings are as follows
Stock auth.,$150,000; par
Earnings— Yearending June 30:
$100; stock sold
1899.
1898
$116,200
1st mort. 58, J. & J
>
$20,418
$19,410
Annnn Gross
'tv.uuv
(
(DueJuly 1,1911)
Net
7,628
7,101
BiUs payable June 30, '98. 21,294 Other income.. 9,376
6,659
312 miles of single Int. and taxes.
5,686
4,218
Road Owns
and one-flfth miles of second track. Dividends
'21.486
6,972
* This includes a stock dividend of 15 per cent.
Officers-— Secretary-Treasurer and Manager, Milton M. Fenner.
trolley road.
—
GALESBURG,
Earnings— For year ending June 30, 1699, gross, $59,856; net^
$27,103; other Income, $1,983; Interest, $26,266; taxes, $2,381 j
park expenses, $4,207; def. for year, $3,768. In 1898, gross, $60,778;
net, $25,786; other income, $2,024 Interest, $27,062 taxes, $2,360 ;
Park expenses, $4,368; def. for year, $5,980.
GALESBURC ELECTRIC MOTOR
&
trolley road.
Organization— Chartered in 1892 for 20 years, being a consolidation
of the College City Street Ry. and the Galesburg Street Car companies.
Stock
&
Bonds—
Date, interest. Outstand'g.
Stock ($210,000), par $100
Maturity.
$210,000
Ist M. ($125,000)
1892
M-S
125,000
1902
Sublect to call at 105 after Sept. 1, 1897. Trustee, Nor. Trust Co., Chlo.
Road—Owns 8 miles of main track and 1 mile of sidings, laid with 50
lb. T rails, in Galesburg, 111., and extending also to East Galesbuig.
President, Isaac M. Thomas, Wilkesbarre, Pa.; Secretary and Treasurer,
W.
in 1870
was
in 1880
13,818.
was
GIRARDVILLE, PA.
SCHUYLKILL TRACTION CO.-A trolley road.
Sept. 26, 1892, and in June, 1893, completed an electric road, 22^2 milts in length, in the anthracite coal
The population tributary aggregate*
basin of Schuylkill County.
about 75,000 people, and it passes about forty collieries.
Miles. Date. Interest. Outstanding. Maturity.
Bonds
Stock
$l,000,000f.p
Stock $1,000,000, $100
500,000 Apr.1,1943
Ist M. ($500,000), g.,> 22^2 1893 5 g A-O
yr'ly > Interest is paid at Equit. Tr. Co.. Trustee. Phila.
s. f. $10,000
c* ) Bonds may be purchased for sinking fund at 105,
after Apl. '98
Road Owns 22^2 miles of track (length of line from extreme point*
about 15 miles), being in the form of a Y, with Girardville, where th©
power house is situated, as a centre. Rails 50. 60 and 70 lb. T- Loana
outstanding June 30, 1898, $2,500.
Organization— Chartered
&
Date, interest. Outstanding.
Maturity.
Stock
Bonds—
Stock (par $50)
See text
$1,000,000
1,000,000 Jan. 1,1918
iRt mort SI 000 000 «•' C 1893 5gJ-J
*^'"""'"""' e
\ July, '97. coupon in default. Guar. Tr. Co.
«i^00
*^'"""
of N. Y., Trustee, New York City.
^-i
2d M. $75,000 ($1 ,000 each)
6 quar.
As collateral.
(?)
Dividends— In 1895, 25 cents per share in Jan. and July; none after.
MUes.
Proprietary road
Road
Miles.
—
main line
36
Weight of
la
40 lbs.
rail
(Entire st'k & bonds owned)
G ulf City St. R'y & Real Est. Co
Total of
Trs.end.Dee.31. 1897.
all
1896.
1897.
.
6
41 >«
1896.
Gross earnings. $213,468 $212,661 Damages, etc.... $12,473
80,342 Approx. surp... 10,574 $23,165
Net over taxes. 83.488
Interest
57,177 Tot. surp. Jan. 1
60,439
23,191
Officers— President and Gen'l Manager, Julius Runse, Galveston;
Secretary, A. Drouilhet; Treasurer, J. Lobit,— V. 65, p. 728, 824 V.
;
68, p. 618; V. 69, p. 541.
GARDNER, MASS.
in 1890 was 8,424; in 1880 was
1870 was 3,333.
Population in 1895 was 9,182;
4,988;
IN
GARDNER ELECTRIC
—
&
Annual Report— Earnings
Years—
ST. RY.-TroUey.
for years
Gross.
Interest. Bal.,surp.
Net.
J une 30)
$90,279 $33,990 $25,000
$8,990
25,000
11,911
Sept. 30).... 92,778
36,911
15,801
Sept. 30).... 96,809
40,801
25,000
25,000
8,360
Sept. 30).... 90,981
33,360
Officers— Pres., Dallas Sanders, Drexel Building, Phila.; Sec. and
1897-98
1896-97
1895-96
1894-95
(year
(year
(year
(year
Treas., J. A.
end.
end.
end,
end.
Johann Gen Man. and Pur.
;
Ag., E.
GLENS FALLS,
W. Ash.— V. 63.
p.
795.
Y.
N.
Population 1890 was 9,509; in 1880 was 4,900;
and in 1870 was 4.500.
28, 1885;
Organization
population of district served, 1898,27,500.
22,248;
the stockholders.
in fee,
562
ED-
trolley road.
Organization- Incorporated May 2, 1871.
Receivership.— R. B. Baer appointed receiver in October, 1897.
On Sept. 5, 1899, main property was purchased at foreclosure sale
for $905,000 by Julius Runge, President of the company, representing
Sidings
p.
WARD STREET RAILROAD-A
amended
—Chartered Sept
GALVESTON CITY RAILROAD-A trolley road.
Owned
Gray, Seneca Falls.— V. 60,
GLENS FALLS SANDY HILL & FORT
GALVESTON, TEX.
and
C.
Population 1890 was 3,584; in 1880 was 2,730. Population
tributary to Schuylkill Traction, 75,000.
Officers— President and General Manager, Fred. Seacord; VicePresident, R. Chappell; Secretary and Treasurer, Loren Stephens.
Population 1890 was 29,084;
;
—
ILL.
Population 1890 was 15,264; in 1880 was 11,437;
AND in 1870 WAS 10,158.
PCWER—A
Ralls 70-lb,
girder and 60-lb. T.
;
Population in 1890 was 3,399; in 1880 was 2,692
AND IN 1870 was 2.546.
Maturity.
interest. Outstan'q.
$100
Stock
&
Bonds—
Date,
8tock,$150,000, par $100
1st [. (no option) ($500 )
5 Q.-F.
M
and$l,000)
2d mortgage ($500)
interest.
qq,
^^^^
1893
,
c.<
Estimated
1891.
Outstanding. Maturity.
$150,000 Nov,'99, 114%
« t t
^'^-''
100,000
July
1,
1911
50,000 July 1, 191S
6 J-J
.
Interest at Merchants' Nat. Bank, Glens Falls.
Dividends— Ih fiscal year 1894-95 paid 1 per cent.; in 1895-6, 4 p. 0.;
In 1896-7, 5 p c; in 1898, 5 p. c; in 1899 the August quarterly dividend of
p. c. was omitted (on account of large expenditure for
street paving) making payments for calendar year only 3'^i p. c.
Road—Glens Falls to Fort Edward. 7-34 miles sidings, 1*18 mUesf
race track branch, ^ mile So. Glens Falls Branch (completed Oct. '96>
l^a miles; total track, 10-52 miles. Rails 40 to 80 lbs.
Annual—Earnings for fiscal years ending June 30
Other inc. Int. dtax. Dividends. Bal.,sur.
Gross.
Net.
$26,640 $3,488 $11,456 (5%) $7,500 $11,172
1898-9.. $63,003
1,555
2,882
11,082 (5%) 7,225
1897-8.. 61,537
16,980
Officers— President, J. M. Coolidge; Secretary, Treasurer, F. P
Pruyn; Supt., F. W. Kinmonth; Gen'l Mgr., H. H. Pruyn.
c.
,
m
;
;
GLOVERSVILLE,
N. Y.
Population 1890 was 13.864; in 1880 was 7,133
AND in 1870 WAS 4,518.
CAYADUTTA ELECTRIC RAILROAD-
Organization— Leased for 999 years from May 1, 1894, to the Fondft
Johnstown & Gloversville, which guarantees the bonds, principal and
Interest, and agrees to pay leased road net earnings up to 4 per cent
on capital stock per annum, besides paying all fixed charges.
STREET RAILWAYS.
JOHNSTOWN OLOVERSVILLE & KINGS-
BOR.O R.R.— An electric road.
Organization— Chartered Nov. 12, 1873, and in November, 1893,
leased to the Fonda Johnstown & Gloversville (steam) Railroad Co.
for 999 years, its bonds being assumed and 8 per cent per annum being guaranteed on
Stock
&
its
Bonds—
stock.
Miles.
Stock, $50,000 (par, $100)
is
Date, interest. Outstand'g. Maturity
$50,000
8 p. o.
6J-J
1913
50,000
payable at the Metropolitan Trust Company, N. Y. City.
Road— Owns single track, main Une, from Johnstown
408 miles; branch. 03; total. 4-11 miles.
to Glovert-
GOSHEN (ELKHART
Population 1890 was 6.033
AND IN 1870 was
;
FOX RIVER ELECTRIC RAILWAY &
This is a reorganization of the Fox River Electric, sold at foreclosure
Jan. 14, 1899. (V. 68, p. 129.) In October, 1899, purchased the McCartney Street line.
Date, interest. Outstand'g.
Maturity.
Stock and Bonds.
Com., (par $100), $25,000
Pf. 5% cum. ($100), 125.000
M. g. (par $50, $100, $500),
$150,000
in
CO.), IND.
1880 was 4,123;
—
in 1895
RAPIDS, MICH.
in 1880
in 1870 was 16.507.
;
preferred
^""
^^V^&'^i 1887
6J-D
Outstanding.
$1,500,000
1,230.000
.
in 1880
TURNERS
was
FALLS
trolley road.
24, 1895.
Owns 750
In June,
&
Earnings— For year ending Sept. 30, 1899, gross, $37,063; net. $12,790; interest and taxes, $5,922; 4 p. 0. dividends, $4,000; surplus,
$2,868. In 1898, gross, $34,585; net, $12,516, applicable to interest,
taxes and 8 p. c. dividends. President, Frank E. Lowej Treasurer,
Frank E. Pieree.—V. 63, p. 76.
HAGERSTOWN, MD.
Population 1890 was 10,118; in 1880 was 6,627;
IN 1870
WAS
5,779.
HAGERSTOWN RAILWAY. -A
Chartered March
Organization—
12, 1896, for
trolley road.
40 years. Has con-
tract with the city to furnish electric lighting.
Bonds— Capital stock. $200,000; par. $50. First mortStock
gage is for $200,000 gold 6 p. c. bonds, dated 1896, due May 1, 1916,
interest, Q. F., at ottice of Commonwealth Guaranty Trust <fe Safe
Deposit Co. of Harrisburg, Pa., trustee of mortgage.
Road— Hagerstown to WiUiamsport and Funkstown, 13 m. of track.
President. Cliristian W. Lynch; Treasurer. Wm. Jennings.
&
—
HAMILTON, OHIO.
in 1890 was 17,565; in 1880
AND IN 1870 was 11,081.
was
12,122;
TION.— See Cincinnati.
Maturity.
600.000 June 1,1912
5«^-^
1.200,000 Aug. 1,1916
5 J -J
50,000
July 1, 1914
Ist, $75,000 ($1,000)
\ Int. at Mich. Tr. Co., trustee, Qr.Rapids, Mioi.
Consolidated St. Ry. Ss of 1891 for $2,400,000 were Issued, but in
February, 1896, bondholders voluntarily surrendered one-half their
bonds, receiving preferred stock therefor at par.
Road— In Nov., 1899, operated 49 miles of track, including North
Park Street Railway, 4^2 miles.
Officers— President, Gen. Man. and Pur. Agt., G. S. Johnson; VioePre.-<ldeut. D. M. Cummings; Secretary, O. S. Gaither.— V. 67, p. 319.
''?3So'^l^go'?dy.''^!^.il^
North Park Street Ry., \ 1894
&
;
CINCINNATI & MIAMI VALLEY TRAC-
was 32,016
Organization, Etc.— in Jan.. 18 )9. the holders of the reduced consolidated bonds, $1,200,000, were operating the property in the attempt "to get something out of it for their interest, which is now two
years in arrears." But in November, 1899. latest coupon on each
issue of bonds reported paid.
^$f000^"
1919
1899, stockholders voted to increase stock $30,000 (to $130,000),
$15,000 to be used to extinguish floating debt and $15,000 to build an
extension of 2-2 miles (since completed) to Montague town, Lake
Pleasant and Millers Falls.
Mat-urily
Date.
interest.
Outstanding.
Bonds—
Stock
Stock, $130,000, ($100)
:....
$100,000
4% in '98-99
l8tmort.,gold, s. f...
1896
June 1,1916
5 g. J&D
94,000
Notes payable Sept. 30, 1899
15,000
Bonds—The mortgage (originally $100,000) provides for the payment of $2,000 annually from 1897 to 1915, inclusive, at a premium.
Road— Greenfield to Deerfleld, Montague City and Turners Falls,
15'06 miles; sidings, 0'41 miles; total track, 15'47 miles.
HAMMOND,
CONSOLIDATED STREET RY-A troUey road.
interest.
6,229; in 1890 was 5,252
in 1870 WAS 3.589.
AND
RAILV/^AY.-A
Population
Population 1890 was 60.278
was
feet steel bridge across the Connecticut River at Deerfleld.
p. 671.
do
1,
Tr. Co., trustee.
;
Organization- Commenced operation June
&
Date,
July
$115,000
Milwaukee
operates all lines in the City of Green Bay, and
from Green Bay to De Pere, 20 miles in all; 45 and 78po'md rail 17 motor oars, 8 trailers.
Officers (new).— President, H. S. Eldred, Milwaukee; Vice-President, A. M. Murphy, Green Bay; Secretary, B. L. Parker, Green Bay;
Treas. and Gen. Man., Mitchell Jeannes, Green Bay.— V. 67, p. 1308.
STREET
Organization-This company was chartered to construct and
operate a street railway In Goshen and Elkhart ana elsewhere
In Northern Indiana. In 1898 population of Elkhart estimated at
16.000 and of Goshen 10.000 (these cities are 8 miles apart). On October 1, 1898, purchased by Arthur Kennedy and Francis J. Torrence
•of Pittsburg, Pa., who also purchased and entirely rebuilt South Bend
Street Ry. and the General Power & Quick Transit Co., operating line
from South Bend to Mishawaka, Ind., and the South Bend & Elkhart
Street Ry., to extend from Mishawaka to Elkhart, for which contract
had been let in Feb.. 1899.
In March, 1899, tlie Indiana Electric RR. Co. of Goshen (which see)
was formed to unite all these lines. It is the purpose to retire the old
securities and issue new securities on tlie consolidated road.
Maturity.
Par. Date, interest. Outstand'g
Bonds—
Stock
$110,000
Stock
lstmt.,$500,000.g.,s.f.,) 1.000 1895 6g. M-N
110,000 Nov.1,1925
notsubj.to call,$l,000 J Interest at Royal Trust of Chicago, trustee.
Stock increased in 1896 from $25,000 to $110,000.
New Mortgage- Additional bonds may be issued at $5,000 per mile
of completed main track in suburbs and $10,000 per mile in city limits.
Road Operates 6 miles of track in Elkhart and 5 miles in Goshen
line from Elkhart to Goshen opened December 22, 1898, making in
all 16*2 miles of track.
Officers— President. Arthur Kennedy, Pittsburg, Pa.; Secretary and
Treasurer, DeWitt Dilworth. South Bend. Ind.— V. 61, p. 925; V. 68,
& Bonds—
common
5 g.
Interest at
GREENFIELD
3,133.
INDIANA ELECTRIC RY-A trolley road.
Stock
1899
Road—Owns and
3,903;
68, p. 671.
Stock,
(
X
GREENFIELD, MASS.
INDIANA ELECTRIC RR- OF GOSHEN.
and
7,464;
PO^VER.— Trolley.
Population
Organized in March, 1899. to unite the old Indiana Electric Railway
<wliich see) with the South Bend Street Railway, the South Bend &
Elkhart Street Railway and the General Power & Quick Transit Co.
Stock & Bonds— Stock authorized, $1,000,000.
Road—When line between Elkhart and Mishawaka has been built
wUl have a system of 45 miles, extending from Goshen to South Bend.
GRAND
WAS
;
V. 68, p. 129.
ville,
-V.
V/IS.
in 1880
POPDL.4.TION IN 1890 WAS 9.069
IN 1870 WAS 4.666.
also a line
4-11
Istmortgago
Interest
GREEN BAY,
—
&
Maturity.
Date, interest. Outstand'g.
Bonds
Stock
$335,210
Stock, $350.000
350.000 Oct. 1, 1922
let. mort.. $350,000 gold 5 1892 6g. A-O
(Int. at Farmeis' Loan & Tr„ N. Y. City
$1,000. guar. p. & 1
$96,483
Ourrentliabilities June 30. 1898
Roar— Owns I413 miles of single track and '4 miles of sidings.
Earnings— The earnings are Included In those of the Fonda Johns
town & Gloversville RR. Co.
41
.
IND.
Population 1890 was 5.428; in 1880 was 699.
HAMMOND WHITING & EAST CHICAGO
ELECTRIC RAILV/AY-A trolley road.
Organization— Chartered
in 1892.
Franchise runs
till
1917.
Con-
trolled in Interest of South Chicago City Ry. V. 62, p. 86.
Stock
Bonds— Miles. Date, interest. Outstand'g. Maturity.
&
Stock, $300,000
$287,000
IstM., $100,000, gold 22
1894
5g. M-8
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, Ea.st Chicago and Hammond, and operates in connection with
South Chicago City hy. to 63d St. and Madison Ave. in Chicago.
Officers— President, A. Murray Turner; Vice-President, D. M.
Cummings Secretary & Treasurer. O. S. Gaither.— V. 62, p. 86, 502.
;
HARRISBURG, PA.
Population 1890 was 39,385; in 1880 was 30,762
AND in 1870 was 23.104.
HARRISBURG TRACTION-A troUoy road
in May, 1895. The dividends in February
and August, 1899, agi?regating 4 per cent, were paid in stock, the
money being used in reducing floating debt. Dividend period clianged
to quarterly, and 1 per cent paid in casli Oct 1899. Sec V. 69. p. 743.
Tliore have l)oen rumors of a cliaoge of ownership and of consolidation with other roads, but these are denied. V. 03. p. 227; V. 69, p. 743
Organization— Organized
GREAT FALLS MON.
Population 1890 was
3,979.
GREAT FALLS STREET RY-A
.
trolley road.
Organization— In hand.s of W. D. Dickenson as receiver.
Miles. Date, interest. Outstanding. Maturity.
Stock & Bonds—
Stock, $200,000, par,$25
M. for $.500,000 gold
$100,000
1891 6gJ-D
246,.500 June
Mortgage trustee, Massachusetts Loan it Trust Co., Boston.
Road— Operates 8*3 miles of track and 8"^! miles of road.
Earnings— For year 1898 gross, $20,500; net. $100.
Stock
&
Harrisburg
Bonds—
1,
1905
Citizen:)'
Date. Interest. Outstand'g.
I'ar.
Last Div.
Traction,
stock, .$.',000.000...
Passenger—
50
J
Text.
MlddletownU.&S.stk.
50
$1,945,548 See text
Mavl.1924
1894 6 g. M-N
75.000
Com'wcalth Guar. Tr. Co., Harrisburg
1st M.. $75,000, gold \ Int. at
Leased to E. Har. Puss. Hy.—
HarriH.Clty Pass. stk..
25
12 J-
lOJ-J
$125,000 Lease rent
100,000 Lease rent
J
:
STKEET RAILWAYS.
42
The Traction Co. holds In its treasury $700,000 (all) stock of the
East Harrisburg Passenger Railway and $235,000 (all) of the Citizens'
Btock.—V.60. p. 873. Bills payable June 30, 1899, $52,500.
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 Highsplre & Steelton Pass., 12 m.
Latest Earnings.—Four months
to Oct. 31.
1899
1898
Earnings
Gross, $121,728; net,
Gross, 134,238; net,
$54,441
73,734
for years ending June 30:
Or-oss.
Net.
Int., taxes, etc. Dividends. Bal.,sur.
12 mos.
*$75.548
$52,352
1898 99. ...$322,929 $174,096
$46,196
21,231
49,229
46,750
1897-98.... 245,065
117.210
1896-97.... 221,389
52,518
18,700
18,810
90,028
* Dividend was paid in stock.
Officers— Pres., Edward Bailey; V.-Pres., B. F. Myers; Sec. and
Treas W. J. Calder; 8upt. and Pur. Agt., F. B. Musser.—V. 63, p. 227;
V. 69, p. 743.
.
HARRISBURG & MECHANICSBURG
trolley road.
ELECTRIC RAIL"WAY
cured by new interests.
templated.
CO.-A
7 miles of
Organization— Operates
In 1898 control
track.
se-
Extensive changes and improvements con-
&
HARTFORD, CONN.
Population 1890 was 53,230; in 1880 was 42,553;
AND
1870 WAS 37,743.
HARTFORD MANCHESTER & ROCK-
StoCK
&
TRAMWAY
Bonds—
Date,
CO.-
When
Outstand'g.
interest.
due.
$300,000
Stock $500,000 (par $100)
200.000
1894 5 A-O
Oct. 1, 1924
Istmort., $300,000
30, '99
7,000
Bills payable June
Road— Operates 18'75 miles of track, extending to Manchester, Tal-
Earnings-Twelvemonths ending June
;
interest, taxes, etc.,
$13,202
;
30, 1899, gross, $109,992;
balance, surplus for year,
$21,274.
Officers— President, M.S. Chapman;
R. O. Cheney.— V. 65, p. 1069.
Sec,
J.
W. Haynes; Treas.
HARTFORD & SPRINGFIELD
franchise through Agawam and West Springfield to Springfield. In Feb.,
Geo. W. Dunham, President,
1899, about $80,000 had been spent.
Flemington, N. J.; E. R. Gilman, New York; Noble F. Pierce and F.
L. Fairbanks of Bristol, and T. F. Welsh of Southington, Conn.
HARTFORD STREET RAIL"WAY-A
trolley road.
Road—Operates 1313 miles of track laid with 65-pound T rails, 10
miles of which it owns and upon 3^2 miles it has trackage rights. Exlends from Hartford to Farmington and Unionvill*.
Earnings— For 9 months ending June 30, 1898, earnings of the
old Hartford & West Hartford were gross, $29,599; net,$330. For
year ending Sept. 30, 1897, gross, $42,089; net, $7,017; interest and
taxes, $7,128; balance, deficit for year, $111.
Officer?—President. 8. D. Coykendall, Rondout, N. Y.; Secretary
and Treasurer, E. D. Bobbins, Hartford, Conn.— V. 65, p. 1069; V68, p. 524, 1225; V. 69, p. 283.
HAVERHILL, MASS.
Population in 1895 was 30,209; in 1890 was 27,412
WAS 18,472 AND IN 1870 was 13.092.
Date, inter' t. Outstanding. Lastdiv.,d:C
Q- J $1,000,000
Oct. l,"99,lJa%
Stock ($2,000,000, par $100)
do
do
do
do
^|ulf.;'^e^!
^"^^ ^^^^ Deb's. 1892 5 M- S
1893 5 J - J
do
do
do
1894 5 A-O
do
1894 5 J-D
do
do
do
1895 5 M-N
do
do
1895 5 F-A
do
do
do
1896 5 M-S
olct 190o!^.^'
\
^^^'^ ^
^-^
100,000
100,000
300,000
300.000
300,000
300,000
277,000
2^°'^^^
1912
1913
Oct. 1,1914
Dec. 1,1914
May,
1915
Aug.,
1915
March, 1916
Sept. 1,
July
1,
^^*'- ^' ^^2'^
Floating debt June 30, 1899, $100,000.
Interest is payable at Connecticut Trust Co., Hartford, Conn.
Stock—In 1898 $800,000 stock was issued, making the total amount
outstanding $1,000,000. A portion of the proceeds was used to retire
$300,000 Hart. & Weth. debenture 58.
The debentures are all subject to call at par after five years from
date of issue. They will all be secured by any future mortgage.
Dividends. -In 1894. 6 p.c; '95, 6; '96,6; '97, 6 p.c; '98, Jan.. 3 p.c;
Apr., l^p. c; July, l^s p. c; Oct., l^a p. c; '99, Jan. 1, li^ p. c; Apr.
1, 1^ p. c; July, l^a p. c; Oct., 1^2 p. c.
Road— Lines extend to Wethersfield, West Hartford and Windsor.
East Windsor, East Hartford and South Glastonbury, in all 65-6 miles
main track and 6'2 miles sidings, etc. Standard for the city is 90-lb.
girder rails and in the country T rails. An extension buUt in 1899
of about three-quarters of a mile.
East Hartford&GlastonburyHorseRR. (name changed in 1899 to East
Hartford & Glastonbury Street Railway) Is controlled by ownership
Part of the Newlngton
of stock and leased tor 30 years from 1897.
Tramway, from Newington Church to Hartford, was purchased in
1897, and a through line from Hartford to New Britain is operated via
&
the Central Ry.
Electric Co. of
New
1
fiscal
in
1880
HAVERHILL & AMESBURY STREET RY.
road.
&
Date. Interest. Outstanding.
Maturity
Stock
Bonds
See text
$150,000 Oct.,'97, 3%
Black Rock &Sali8b'y Beach 5 1891 5g J - J
111,000 July 1, l9ll
1st mortgage, gold
< Interest at International Tr't Co., Boston.
Haverhill AAmesb'yConsol. 51892 5g. J179,000 July 1, 1912
M. $290,000 g., $1,000. c* Unt.at Am. Loan&Tr. Co. .trustee, Boston.
Debenture notes
1891 6
200.000
1911
Loans payable Sept. 30,'98
26,599
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. 0.
None since to November, 1899.
Road— Has 2712 miles of track, including sidings, etc., 1^ mile.
,
stock, $250,000. par $100.
Oross.
1898-99
1897-98
Sept. 30 earnings have been
Int.. Taxes, <ec. Bal., Sur.
Net.
$101,937
89,665
$33,960
$31,454
$2,506
31,276
30,882
394
Officers— President, Charles Goss, Amesbury, Mass.; Secretary and
Treas'r, Geo. A. Butman; Office. 8 Congress St.. Boston.— V. 68, p. 672.
HAZLETON, PA.
Population 1890 was 11,872; in 1880 was 6,935;
AND IN 1870 was 4,317.
LEHIGH TRACTION
CO.-
Orqanization— 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 $30,000; Hazleton &
& North
Side Elec-
&
Date,
interest. Outstand'g
Maturity.
Bonds—
Stock
8t'k$l,000,000(au.)p.$100
$1,000,000 f. p
1st mort. $500,000, gold, 5 1893 5g. J-D
500,000 June 1 1923
$100, $500, $1,000. .c* } Trustee, Markle Bank's & Tr. Co., Hazelton.
Car barn bonds, *55.000. 1895 5g. M-8
55,000
1925
Hazle Park b'ds, $60,000. 1895 5g. A-O
30.000
1925
Bills payable Jan. 1, '99
130,671
Interest (free of all taxes) is payable in New York or Philadelphia exchange, if desired, at par, and is so stated on the coupon.
Road—Operates 23 miles of road laid with 60 lb. new steel T rails,
oak ties, well ballasted. Road extends from Hazleton to West Hazleton
to Yorkto wn (connecting with Penn. RR. and Lehigh Valley RR.) to McAdoo (South) and Milnesville, Lattimer, Urinas and Freeland (North).
Gross, $39,753; net, $19,837
Latest Earnings—4 months, 5 1899
July 1 to Oct. 31.
Gross, 35,674; net, 18,)04U898
YEAR'S Earnings-Report for 1897 was in v. 66, p. 233. in 1898,
gross, $97,025; net, $40,266; other income, $3,921; iuterest and
taxes (Including $14,827 back interest), $53,204; bal., deficit for year,
$9,017. In 1897, gross, $109,101; net, $50,615. Passengers carried
in 1898 were 2,089,804.
Officers—President, C. W. Kline; Treasurer, N. C. Yost; Secretary,
E. S. Doud; Gen. Man.. A. Markle— y. 64, p. 232; V. 66, p. 233.
.
HELENA, MON.
Population 1890 was 13,834;
and in 1870 was
in 1880
3,106.
HELENA POWER & LIGHT-A
was
3,624;
trolley road.
Organization—This company is a consolidation made in 1894 of the
Helena Electric Railway and Helena Rapid Transit, together with the
Helena Electric (Light Co.) and the Helena Gaslight & Coke Co.
Maturity.
Stock & Bonds— Jfi'es. Date, interest. Outstand'g.
Stock
$1,000,000
Helena Gas-LightJ
1890 6 J175,000 July 1, 1910
& Coke IstMort. \ Interest at Minneapolis Trust Co., Minneap.,Minn.
Helena Power & L't < 20 1895 5 per ct.
425,000 Jan. 1, 1925
Trustee, Central Trust Co., N. Y. City.
1899, owned about 24 miles of trolley track..
Officers— President, H.M. Parchen; Treasurer, Herman Gans Secretary, H. Li. Walker.
consol. mortgage..
(
Road— In November,
;
HENDERSON, KY.
Population 1890 was 8,835 in 1880 was 5,365
Britain.
year ending June 30 in 1899 and years ending Sept. 30 in 897 and 1896, earnings have been:
Net.
Int. d taxes. Dividends. Bal.,sur,
Oross.
$185,206
$142,763
$618,913
$42,000
$443
1899
188,351
145,386
576,992
12,000
30.966
1897
164,218
117,229
531,389
12,000
34,989
1896
Officers— President, E. 8. Goodrich; Vice-President, Samuel 6.
Dunham; Sec. and Treasurer, Daniel R. Howe.- V. 65, p. 1069, 1173.
Earnings— For
;
;
,
Bonds—
Wethersf'd \
do
Hartf.St.Ry.
West Hartford Horse RR.
tric Ry., capital $75,000.
,
&
<fc
South Side Electric Ry., capital $75,000; Hazleton
RY.-
OrQANIZATION— Chartered in 1898 to build between Hartford and
Springlield, Mass. on both sides of the Connecticut River, Including
link on the east side to connect the Hartford system with the Enfield
and Long Meadow Road. In Nov., 1898, reported to have secured a
Stock
the Hartford
&
and Bookville.
net, $34,476
is
old in foreclosure August 1,1899. Old bondholders received stock in
exchange for their bonds. No bonds now.
Par.
Outstanding.
Date.
Stock
Maturity.
BondsStock, $189,000
$100
....
$189,000 (Sg paid)
5
Annual Report—For years ending
m
VILLE
FARMINGTON STREET RAILW^AY.-TroUey.
Organization—This
A trolley
Date, interest. Outstand'g. Maturity.
Bonds—
Stock
$144,500
Stock auth., $-225,000
144,500
Sep.. 1914
Istmort., $224,000, gold.... 1894 6 g. M-S
Interest is payable at office of trustee, the Harrisburg Trust Co.
For year ending June 30, 1898, gross, $23,194; net, $11,642; interest
and taxes, $11,464; surplus, $178. President, Spencer C. Gilbert;
Sec.-Treas., W. L. Gorgas, Harrieburg.
cotville
;
;
and
in 1870
was 4,171.
HENDERSON ELECTRIC
Incorporated Feb.
Stock
(par, $100)
Consol. morc.,$60,000, cur.
$500
Road— Owns
ST. RY.-Trolley.
13. '86, under a perpetual charter.
Date. Interest. Outstand'g
Maturity.
Organization—
Stock & Bonds—
$50,000
1897
6 J-J
50,000 Jan. 1, 1912
c* 5 Int. at Louis V. Tr., Louis ville.Ky., Trustee.
about 5 miles of track.
)
STREET KAILWAYS.
Co. Philadelphia, trustee; $200,000 issued Jan. 1, 1899. Calendar year
1898, gross, $41,583; net, $5,127.
President, Chas. T. Colloday; Vioe-Presld«nt, W. H. Clark; Secretary
and Treasurer, W. N. Barrows.
fiscal year ending June 30, 1897, earnings were
cover fixed charges and interest."
Earninqs—For
<'
sufficient to
Officers— President, E. p. Millett; Vice-President, E. W. Wliiteby;
«eoretary, E. G. Sebree. Jr.; Treasurer. D. Bank. Jr.
HERKIMER,
HOLYOKE, MASS.
Population in 1895 was 40,322; in 1890 was 35.528
WAS 21,915; AND IN 1870 WAS 10,733.
N. Y.
Population in 1990 was 4,666.
HERKIMER MOHAAATK
FORT ELECTRIC RY.ORQAnization— Consolidation
ILION & FRANK-
in February, 1895.
On July
1,
1899
owned
5^4 miles of track, 11 motor and 2 trail oars. Capital stock,
$150,000; par, $100. First mortgage, $150,000, fives of 1895, J. & J.,
due 1925; interest at Farmers' Loan & Trust Co., N. Y.
Gross, $16,109; net, $7,329
Latest EARNlNQS-imos.,) 1899
Gross,
14,394; net, 7,123
$1898
July 1 to Oct. 31.
Foryearending June 30, 1899, gross, $42,038; net, $23,445; other
income, $137; charges, $10,422; dividends, $9,009; surplus, $4,160;
surplus June 30, 1899, $19,382. Pres., J. Ledlie Heee, Mohawk, N. Y.
HOBOKEN,
N.
J.
Population 1890 was 43,648; in 1880 was 30,999;
AND in 1870 was 20,297.
JERSEY CITY
RY.— Ajb electric system.
HOBOKEN
&
PATERSON
This is a consolidationNov.,'99, of practically all the trolley roads in
the northern part of New Jersey except the North Jersey Street Railway, and this latter is controlled by the same interests, namely the
Shanley-Young syndicate. V. 69, p. 955. The Jersey City Hoboken &
Paterson comprises the following roads:
Jersey City Hol)oken & Rutherford Electric.
North Hudson County (controlling the Hudson & Bergen Traction
in 1895
Date. Interest.
Stock —
made presently.
Stock and Bonds.—The company made a mortgage for $20,000,000 as described below. Of the new bonds, sufficient (probably $7,to retire the $2,459,375
White Line Traction
mortgage and acquire the stocks of the various roads absorbed, will be immediately outstanding. The balance
will be used to retire all the outstanding old bonds and for future
purposes. The $300,000 Paterson City Ry. 2d gen. 6s will be called
for payment on next interest day, April 1, 1900, and the $404,000
North Hudson County debenture 6s on Feb. 1, 1900. The remaining
old bonds are not subject to call, but it is expected wUl be largely
retired by voluntary exchange for the new bonds.
five per cent ad interim
Stock & Bonds—
Date.
J
H &
(^
$26,000,000.\
*
'
new
P
mts..^.^::
.
'
(
^^^^
Outstand'g. Maturity.
Interest.
Stock, $20,000,000
4g.
M-N
(1)
See text. Nov.1,1949
] Interest at N. J. Tit. Guar.
sey City, Trustee.
C
& Tr.
Co., Jer-
$620,000 to retire
1
St
M.c*
2d mortgage ($1.000)
Debenture 63 ($1,000)
6 J.-J.
>
,qqj,
•'^***'^
.^
it t
5 IJ.-J.
5
5 M.-N.
835,000 Mayl,1904
6 F.-A.
404,000 Feb. 1, 1902
Paterson Railway.
Paterson Ry. l8t
1888 6
J.-D.
$200,000 June 1, 1908
51890 6
F.-A.
50,000 Aug. 1, 1907
Paterson ritv Ky. JVi
i-aterson city Rv
^ interest at 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)
cX Trustee, Knickerbocker Trust Co
HOO.OOO Oct. 1,
«dc«Tiinort "R^OOOOO 5^894 6 A. - O.
2a gen. mort., *dOO,000.. ^ Trustee, Paterson Savings Institution. 1914
Earnings- The following gives the earnings for the calendar year
1898 of the various roads now comprised in the Jersey City Hoboken
A Paterson, so far as they were operated as separate properties:
Calendar Year 1898.
Cross Inc.
Expenses.
}fet.
M
M
'
>
North Hudson County
New Jersey
$966,279
277,005
Electric
Paterson Central Electric
Paterson Horse RR
Paterson Railway
6,44S
3,935
374,899
Total
$654,336
207,820
14,290
def. 7,842
3,467
208,010
166,889
$311,943
69,185
468
$1,628,566
$1,087,923
$540,643
Road— It has not been possible to get an official statement of the
miles of track operated, but It would seem aa if the total could not be
far from 150 miles.
Officers— President, David Young; Vice-President, John P. Shanley; Treasurer, George W. Roe; Secretary, William C. Doubleday.
Office, 23 Hudson Place, Hoboken, N. J.— V. 69, p. 333, 955, 1012.
BERGEN COUNTY TRACTION.-A
trolley road.
20, 1896, road from Fort Lee,
opposite 125th Street, N. Y., to Englcwood, N. J., Leonia, Nordhofl,
etc. 9 miles of track in operation Nov. 1, 1898, and three miles additional, Leonia to Hackensack, opened for business in March, 1899.
Organization— Began operating April
Ferry connects
with
N.
Y.
Stock authorized, $500,000; Issued $200,000. Ist mortgage, $500,000; Land Title & Trust
line
City.
as 40,322.
Outstanding. Last div.,
etc.
HOMESTEAD, PA.
Population 1890 was 7,911
and
;
in 1880
was 592
HOMESTEAD & HIGHLANDS STREET
Pa.
RAII-i"WAY— See Monongahela Street Ry., Pittsburg,
HOOSICK FALLS,
Population 1890 was 7,014
;
and
N. Y.
was
in 1880
4,530.
BENNINGTON & HOOSICK VALLEY RY.-
A trolley road.
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 $90,000 reserved for future needs and $160,000
to be used to retire Hoosick Ry. 6s $60,000 future extensions and improvements. Total population served July 1, 1898, 25,000 to 30,000
Date.
Inlerest. Outstand'g. Maturity.
Bonds—
Stock
Stock, com., $130,000 ($100)
$130,000
&
Pref.,
noncum., non-voting,
5 per cent ($100)
30,000
60,000
July, 1924
Subject to call at par for s. f. after 1904
( Int. atlntern'lTr. Co.,tru8., Bost.,Mass.
897 ."^g. J-J
$100,000 Jan.1,1928
Ben. &H.V. IstM., $250,000,
( Int. at Intern'l Trust, Boston, trustee.
gold ($500 and $100)
Road— 16^2 mUes long.
Earnings— For 4 months ending July 1, 1898, when middle 5 miles
were completed and whole road opened for traffic, gross, $8,496; net,
$3,459.
President, George E. Greene; Vice-President, W. M. Holmes; Treasurer, I. E. Gibson; Sec, E. L. Bates; General Manager, C. B. Story.
Directors—Galen C. Moses, Edward L. Bates, Irving E. Gibson,
William C. Geer, George E. Greene, Joseph Buckley, Watson M. Holmes,
Levi E. Warden, and F. S. Donnell.
Hoosick Ry. IstM.,
g.
($500).
(
]
1894
6 J-J
U
HORNELLSVILLE,
620,000 Jan. 1,1914
9 <178 onn July i iq<>h
2,378,000 iniv 1, 1928
1894
1892
1880
surplus above dividends $3,104.
1898
1897.
1898.
1897.
Gross earnings.$229,097 $216,684 Dlv8.pald(8p.o.)$32,o6o $32,000
3,641
4,315
74,585
65,960 Bal., sur. for year
Net
38,941
29,645
Int., taxes, &o..
T'lsur. Sept.30. $65,260 $36,604
36,315
Bal. for div'nds
35,641
Officers— President, General Manager and Purchasing Agent, Wm.
8. Loomis; Treasurer Wm. R. Hill.— V. 66, p. 616.
Bonds of Constituent Companies— iV^or^/i Hudson County Ry.
Stock & Bonds Date. Interest.
Outstand'g. Maturity.
Ist mortgage ($1,000)
Consol. mort. ($3,000,000)
in
Julyl,'99,4%
J-J
$500,000
Stock, $500,000 ($100)
1895
5 A-O
250,000
Apr. 1, 1915
Bonds ($500, etc.)
Leased line rental, Mt.
100,000
6
Tom RR. Stock, 6 p. c
Dividends— In 1892 to July, 1899, inclusive, 8 per cent yearly.
Road— Has 33-26 miles of track. Operates Mt. Tom (incline) RR.,
4,900 feet long, under a 25-year lease. In Nov., 1899, there was talk
of extending the road to Easthampton, provided the Northampton
Street Ry. Co. would build to meet the new line at that point.
Earnings— In year ending Sept. 30, 1899, gross was $241,219 and
the Pavonia Horse RR.).
Palisades RR.
Paterson Ct-ntral Electric.
Paterson Hortje RR.
Paterson Passaic & Rutherford Electric.
Paterson Railway.
Saddle River Traction.
"White Line Traction, formerly the New Jersey Electric.
All the roads enumerated have been completely merged in the Jersey City Hoboken & Paterson, with the exception of the Paterson
Railway and the North Hudson County Railway, and in these two
cases practically all the stock has been acquired, and merger is to be
;
HOLYOKE STREET RAILWAY-Trolley.
given
Organization — Population
and
000,000 to $8,000,000)
43
N. Y.
Population 1890 was 10,996 in 1880 was 8,195
AND in 1870 WAS 4,552.
;
HORNELLSVILLE ELECTRIC RAILWAY
—A trolley road.
Organization— Chartered Dec. 16, 1891. Road completed in 1593.
Maturity.
Date, interest. Outstand'g.
Stock & Bonds—
Stock, $50,000 (par, $100)
$50,000
1st mortgage ($500)
1892 5 J-J
50,000 July 1, 1912
1915
2d mortgage ($500)
1895
20,000
6 J-J
Interest is payable at the Fourth National Bank, New York City.
Road— Single track main line in city, 434 miles branch Une, 'SOf
sidings, -22 total of aU, 5-06 miles.
;
;
Earnings— For years ending June 30
Balance.
Net
Other inc. Int. <£ taxes.
def. $1,577
def.$379 $2,060
$3,258
sur 1,956
def. 987
7,054
4,111
Officers— President, Charles Adsit; Vice-President, F. D. Sherwood Secretary, De Merville Page Treasurer, George T. Rehn.
Cross.
1898-99
1897-98
$11,700
10,904
;
;
HORNELLSVILLE & CANISTEO RYOrganization, Etc.— Owns 4-32 miles of trolley track.
Stock
&
Bonds—
Date.
Stock, $50,000, par, $100
1st mortgage
Canisteo Valley Ry. bonds
1892
Ititerest.
6
A&O
Maturity.
Outslatiding.
$50,000
50,000
5,500
Oct.
1,
1912
Earnings-Year ending June 30
Cross.
Net.
Other Income, Int. diTaxes. Surplus.
$900
$15,03!)
$4,677
$3,802
$25
Officers— President, D. M. Page; Secretary, Charles Adstt.
1898-90
HOT
SPRINGS, ARK.
Population 1890 was 8,086; in 1880 was 3,554;
and in 1870 was 1,276.
HOT SPRINGS STREET R AILROAD-Trolley.
in 1894; successor to Hot Springs Electric
Controls Fountain & Suburban RR., 1 mile.
Organization— Chartered
Street Railway.
:
;
)
STEEET RAILWAYS.
44
Stock
&
Bonds—
Date.
Outstanding.
Interest.
$200,000
200,000
Stock, $500,000
let mortgage, gold
1924
1.
1894 6g.J-D
Other indebteaness Aiig.,
None
1898
Trustee is St. Louis Trust Company, St. Louis, Mo.
Road— Operates 11*8 miles of track. Extensions of 2 miles proposed
In 1899.
Officers— President, S. W. Fordyce; Secretary, C. E. Maurice;
Treasurer, General Manager and Purchasing Agent, C. Q. Convers.
HOUSTON, TEXAS.
Population 1890 was 27,557 in 1880 was 16,513;
AND IN 1870 WAS 9.382.
;
HOUSTON ELECTRIC STREET RAILWAY
—A trolley road.
Organization- Successor in September 1, 1896, to the Houston City
was sold in foreclosure May 6, 1896. V. 61, p. 925
New Stock & Bonds— Date, interest. Outstand'g Maturity.
Street Ry., which
$428,000
1899
137,000
730,000 Sept. 1,1921
5 g. M-8
Subject to call at 105 after 1916
1917
1896 6 p. c.
$775,000
Income mort
Interest at International Trust Co., Boston, consol. mort. trustee.
Bonds— Consol. 5s can be called for payment at 105 after 1916. Sinking fund of 15 per cent of net earnings begins in 1899, and after Jan.,
1906, is limited to 5 p. c. of outstanding bonds. Consols for $150,000
reserved to retire the old .irst 78, $137,000. The mortgage Is a first
bonds authorized at $10,000 per mile on new
lien on about 26 miles
Stock, $2,000,000 ($100)
J.-J.
1884
1896
Istmort. onpartof prop...
Con. M., 8. f., $1,000,000)
gold ($500)
c's
7—J.-J.
;
construction.
Road— Operates 35
miles of track.
Earnings- From Jan.
1 to Sept. 30, gross,
$159,173 in 1899; $146,904
in 1898.
Dec. 31
Other inc.
$2,218
2,039
1,680
Report—Earnings for years ending
Gross.
$202,620
189,857
202,240
1898
1897
1896
Net.
$62,046
64,048
76,479
&
tax.
Bal., sur,
$56,439
54,442
$7,825
11,645
55,887
Int.
TT22.272
H Includes interest ($15,372) only from Sept.
1,
1896, 4 months.
Officers— President and Treasurer, A. N. Parlin; Vice-Pres. and
General Manager, H. F. McGregor; Secretary, F. J. De Meritt; Assistant Treasurer, J. "W. Payne.
Directors— A. N. Parlin and George E. Smith of Boston; Austin
Oorbin of New York, and F. A. Magee, H. F. MacGregor, J. H. Kirby,
T. W. House, W. D. Cleveland andE. P. Hill, of Houston. -V. 61. p. 112,
281,611,925; V. 62, p. 84,277, 548, 869; V. 63, p. 229; V. 66, p. 950.
HOUSTON HEIOHTS ELECTRIC STREET
RAIL^VAY-
OrgANIZATION—This line starts from the manufacturing portion of
Houston Heights, extends through the residence district, and terminates in the centre of Houston, aflFording rapid transit to and from all
portions of the Heights. Mortgage is for $100,000 and is dated 1893;
May
delault Nov., 1899.
1,
Officers— President, Edw. S. Ellis; Vice-President, F. J.DeMerritt; Secretary and Treasurer, D. D. Cooley.
interest in default since
1895.
HUDSON,
INDIANAPOLIS, IND.
Maturity,
June
Still in
N. Y.
Population 1890 was 9,970; in 1880 was 8,670;
and in 1870 was 8,615.
ALBANY & HU13SON RAIL^VAY & POWER
—Is a consolidation of Hudson Street Railway, Hudson Light &
Power Co Kinderhook & Hudson RR., Greenbush & Nassau Electric,
Citizens' Electric Light & Power of Hudson and Kinderhook Power &
Light Co. Intention is to build an electric line between Hudson
and Albany, to be operated by the third-rail system; the new company,
it was reported would build a 10-mile connecting link between NivervlUe and Albany and also a new steel bridge at Rensselaer 1,900 feet
long to cross the New York Central and Boston «& Albany railroads
It will also supply light and power along its route. The conversion of
,
the entire system to the third-rail electric is now being made. In
Nov., 1899, contracts had been given for all new construction of roadbed, bridges, hydraulic power station, dams, &c. Stock authorized,
$2,500,000; present issue, $2,000,000; par $100. Bonds, Ist mortgage
40-year 5 per cent gold (M. &S.) $2,500,000, have been authorized;
present issue, $2,000,000; Colonial Trust Co., New York, trustee.
The street raUwaye will include 35 miles of main line and 4 mUes of
Population 1890 was 105,436; in 1880 was 75,056;
AND IN 1870 was 48.244.
BROAD RIPPLE TRACTION-A troUey 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. It is reported the road will be operated
by Interests friendly to the Indianapolis Street Railway, but a separate organization to be maintained.
Date. Rale. Outstand'g.
Maturity.
Stock and Bonds—
Stock $100,000 (par $100)
1899
5
1929
(1)
(
Mtg. gold, $400,000..
Safe Deposit Co. (Phila.),.
] Guar. Trust
Trustee.
(
Road—Embraces, it is said, 7 miles of track.
Officers— President, Jihn B. Warner. V. 68, p. 723, 871, 927,
1225; V. 69, p. 180.
&
INDIANAPOLIS STREET RAILROAD.-A trolley system.
Organization.— Incorporated in Indiana, March 7, 1899. After
acquiring the Citizens' Street RR. of Indianapolis and the City Railroad, made a contract with the City of Indianapolis agreeing to surrender the rights and franchises of both companies and accept a
new franchise running only thirty-four years. The contract also provides that cash fares are not to exceed five 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 expend It on the public works) the sum of $30,000 yearly, from 1899 to1925, and $50,000 yearly, from 1926 to 1932, inclusive, the contract
expiring in 1933— see V. 68, page 723. The city gets the right to purchase the property "at any time within two years and not later .than
one year before the expiration of this contract," nothing to be paid for
the value of the franchise.
Under the plan of consolidation the stock of the Citizens' RR. was
exchanged for Indianapolis Street Ry. securities, but the bonds of the
Citizens' RR. remained undisturbed.
Citizens' stockholders got a
$1,000 4 p. c. gen. mtg. bond of the Indianapolis Street RR. and $200
in Indianapolis Street RR. stock for every 20 shares of Citizens' stock.
As to the three-cent- fare case, which the U. S. Court of Appeals decided
In favor of the Citizens' Co. in Dec, 1897, see Supplement of Nov.,
1898, and V. 64, p. 842, 1180; V. 65, p. 51, 181, 1172.
Date, interest. Outstanding. Dividends,(6e.
Bonds—
Stock
Capital stock ($100)
$5,000,000
Indianapolis Street, M.,) 1899 4g. J-J
3,750,» 00
July 1, 1933
$7,000,000 gold ($l,-> Interest at Guar. Trust & Sate Dep. Co.,
Phila., trustee.
000)
c*
Citizens' St. Ry. ($1,000). .1881
J-J
6
300,000 July 1,1901
Citizens' St. RR. ($1,000) )1892
6
J-D
700,000 Junel,190a
extendedsubjectto caU S Interest at 111. Trust & Sav. Bank, Chicago.
Citizens' St. Ry. consol. 1 1893
5 g. M-N
3,000,000 May 1, 193S
m. $4,000,000 gold..c* S Trustee Solicitors' Loan & Trust Co. of Phila.
Interest due May and November on Citizens' consols of 1893 i»
payable at Fourth Street National Bank, Philadelphia.
Citizens' consols are exempt as to principal and interest from any
tax which company may be required to pay. The $700,000 Citizens''
2d 6s were extended two years to June 1, 1900. V. 67, p. 28. Of the
$7,000,000 mortgage of 1899, $1,000,000 are reserved to take up the
$300,000 Ists due July, 1901, and the $700,000 2d8 due June 1, 1900,
of the old Citizens* Street road, but no bonds reserved for the $3,000,000 Citizens' consols. Bonds are tax free.
Stock and bonds are listed on the Philadelphia Stock Exchange.—
V. 69, p. 851.
Road— In Oct., 1899, operated 111 miles of track, with 196 motor
cars and 92 trail cars.
Earnings— For year ending Dec. 31, 1897, the old Citizens' company
was reported to have earned all of Hxed charges, taxes, and a balance
for stock.— See V. 65, p. 1071. For fiscal years ending April 30, gross
earnings were In 1897-8, $978,964 in 1896-7, $922,727.
Officers.—President, Hiram P. Wasson, Indianapolis; Vioe-Prest.
&
'
:
and Gen Manager, Hugh J. MoGowan.
-V. 66, p. 81, 759, 856, 900, 953: V. 67, p. 28, 1308, 1356; V. 68, p. 40,
281,330,379,427,473,571,618,671,723,871,927, 1023; V. 69, p.
180, 743, 851.
IRONDEQUOIT,
N. Y.
Population 1890 was 2,415; in 1880 was 1,986;
and in 1870 was 3,990.
sidings.
Officers— President, Charles H. Werner, 32 Nassau St., N. Y..
Treasurer, A. M. Young, 100 Broadway, N. Y.; Secretary, L. B. Grant,
32 Nassau, N. Y.-V. 68, p. 1181; V. 69, p. 743.
;
ROCHESTER & IRONDEQUOIT RAIL
ROAD—A trolley and steam road.
Organization— Chartered May 19, 1893, and Nov. 1, 1893, leased th&
& Lake Ontario Railway at the rate of 15 per cent per
annum on its capital stock of $65,000. In 1898 made a 2d mortRochester
HUNTINGTON,
N. Y.
Population 1890 was 3,028; in 1880 was 2,952:
and in 1870 was 2,433.
HUNTINGTON RAILROAD-A trolley road.
Organization- Chartered
RR. purchaseil almost the
in
May, 1890.
In 1398 the
Long Island
entire capital stock, and converted road
into a trolley line, being opened as such June 17, 1898. See L. I. RR.
item, V. 66, p. 1189.
Earnings— Year ending June 30:
Stock ($30,000) par $100.. $30,000
1899.
26,000
1898.
1st mortgage 58, J&D
Gross
$8, .508
$4,737
(Due inl920.)
def.3,952
l,l!-3
Interest is payable at the Atlantic Net
New York City.
Charges
Dividend
Road Owns 3 miles of track.
Balance
Pres., W. H. Baldwin, Jr.; Sec. and Tieas., A.
way. New York.
Trust Company,
—
1,300
1,300
(2i2%)600
def. 5,252
def. 707
26 Broad
C. Bedford,
gage of $125,000 to the Roch. Trust & Safe Dep. Co. as trustee. V.
67, p. 1209. In May, 1899, H. F. Atwood was appointed receiver.
Interest on 1st mortgage due April, 1898, said to be in default, and
floating debt $235,000. Foreclosure pending.
Stock ($700,000) par $100.$700,000
EARNINGS—Years ending June 30:
1st mortgage 58, A&O
350,000
1898.
1897.
(Due Oct. 1, 1933.)
Gross
$39,568 $36,454
2ud mortgage, J& J..
125,000 Net
16,390
7,080
(Due July 1, 1918,)
Other income....
9,479
11,306
LoansJuneSO, '98
$221,000 Charges & taxes. 32,036
37,634
Road—Owns 9 miles of single Balance
df.f>,167df.l9,248
track- leases 6-046 miles single —V. 67, p. 1209; V. 68, p. 929.
track and '370 miles of sidings.
.
I
.
I
|
I
|
IRONV/OOD, MICH.
in 1899 (estimated) 9,000.
TWIN CITY GENERAL ELECTRICPopulation 1890 was 7,745
;
STREET RAILWAYS.
&
Stock
Stock
Bonds
-
Outstand'g.
q>400,000
interest.
I>aie.
125,000
6
Mortgage,' $i'25;6o6
Old Colony Trust Co., Boston,
is
Maturity.
Organization— Chartered in 1886. Franchise runs till 1916 and
gives exclusive rights to operate street railway in the city.
Date, interest. Outstand'g. Maturity,
ilfis.
Bonds
Stock
$50,000f.p.
Stock, par $100
Oct. 1, 1912
1892
75.000
6
Ist mortgage
Mortgage trustee is the Finance Company, Philadelphia, Pa.
Dividends In 1892, 6 per cent; in 1893, 2 per cent; in 1894, none.
Earnings— In 1893 gross, $12,691 net, $1,640.
Road— Owns 6 miles of track. Rail, 35-lb. JOfficers— President, G. W. Blabon, Philadelphia, Pa.; Vlce-Pres.
—
&
trustee of $123,000 mortgage.
6A-0
Road— Owns Y^a miles of track.
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; Vice-
Earnings— For year ending Nov.
President, H. M. Byllesby; Secretary and Treasurer, H. F. Jahn.
;
James Shearer;
ITHACA,
Population
in
N. Y.
ITHACA STREET RAILWAY- ownership about
Nov. 18, 1884. Changed
OrQANIZATION— Chartered
May 1, 1892, and property reconstructed. Leased the Cayuga Lake
Electric Railway in June, 1894. for 49 years upon the terms that it
shall pay principal and Interest of the leased roads, $25,000 first mortgage. Owns 6 miles and operates 75 miles of track, extending to
Oornell University eampus, railroad stations and steamboat landing
|
<;TnrK
A Bonds—
Date.
and
CayugaL.Eleo.l8tM.,gu
Loans and bills payable June 30, 1898. $25,724.
Stock— \n 1893 the capital stock was Increased from $175,000 to
$250,000. In July, 1895, additional stock for $50,000 was authorizea.
Dividends.— In July, 1895, 3 per cent; in April, 1896, 3 p. c; 1896-7,
2»« percent; in 1897-8, 2^ per cent.
Bonds- The Ithaca Street Railway Company owns and holds in its
treasury the entire stock of Brush-Swan Electric Light Co. (capital,
$50,000) and also the Ithaca Transfer Co. (capital, $2,500). The bonds
of the Ithaca Street Railway Oo. cover the above properties.
Earnings— For fiscal year ending June 30, 1898, gross, $59,127;
net, $12,366; other income, $16,015; interest and taxes, $29,037; dividends. (2^2%) $7,500; balance, deficit, $8,156. .For year 1897, Street
Ry. gross was $59,005; net, $16,704; other income, $11,930; interest
and taxes, $19,106; dividends (2i2%) $7,500; balance, surplus, $2,028.
For year 1895-96
Net.
Oross.
Ithaca Transfer Co
Int.
$28,681
11,933
c£
taxes.
Surplus.
$11,087
11,858
1.119
$17,595
75
^
1,147
5,324
$17,696
$41,761
$94,801
Totals
President, Edward G. Wyckoflf; Secretaryand Treasurer,
Mortimore, Ithaca, N. Y.; General Manager, H. S. Cooper.
$24,064
John A.
JACKSON, MICH.
;
road.
A
JACKSON STREET RAI LV^In Y-A trolley1897, W.
September,
Organization—Chartered Aug. 24, 1881.
was authorized to borrow $16,000 for repairs.
In 1899 still in receivers' hands and reorganization not agreed upon.
A. Foote, as receiver,
ILL.
JACKSONVILLE RAIL'WAY-A troUey road.
perpetual charter.
25, 1867.
interest.
Special
Outstanding.
Orqanization— Incorporated January 14, 1889. Sold
Edward Howard for $8,200.
Road— Operated
5 miles of track with mules, but in Nov., 1899, it
was decided to change to electricity. Office, 57-59 Spring St.
Officers— President, E. J. Howard; Superintendent, E. Frazer.
JERSEY
CITY,
N. J.
Population 1890 was 163,003 in 1880 was 120,722
AND in 1870 WAS 82.546.
;
NORTH JERSEY STREET RAIL^WAYthe Shanley- Young syndicate, which
also controls
by
the newly-formed Jersey City Hoboken <& Paterson Railway, the two
together owning practically all tlie trolley roads in the northern part
Is controlled
New Jersey.
of
Organization—In January, 1898, the North Jersey Street RaUway
absorbed the Newark & South Orange, 18 miles, and in May, 1898,
leased the lines of the Consolidated Traction Co. for 999 years. —V. 66,
p. 664, 955, 1141.
In July, 1898, it was stated that the Orange & Passaic Valley Ry.
controlled by or would have harmonious relations with the North
Jersey Street Ry. and intended to extend its line froxi Bloomfleld to
connect at Upper Montclair with the North Jersey line building from
Montolair to Passaic and south from Orange Valley to South Orange.
was
-V. 67, p. 75.
Stock & Bonds—
Interest. O^Ustanding.
Miles. Date.
Stock, $15,000,000.
Ist M., $15,000,-)
1898
*^'"""^
4g.
M-N
Manhattan Trust
eacfi
Last
div., etc.
$5,000,000
6,500,000
Co., N. Y., trustee.
&
Deposit Co., Trustee, Newark, N. J.
Bonds In May, 1898, made a mortgage to the Manhattan Trust Co.,
as trustee, to secure $15,000,000 50-year gold bonds, bearing 4 per
cent Interest after May 4, 1899.— V. 66, p. 1046. In 1899 the two
mortgages of the Newark & South Orange, aggregating $2,000,000,
having been paid, were canceled of record. -V. 68, p. 425.
Road— Owns 28 miles of track, and leases system formerly operated
by Consolidated Traction Co., 190 miles; total, 218 miles.
Earnings— For calendar year 1898 the diflferent divisions reported,
Interest at Fidelity Title
as follows
Year ending Dec. 31. 1898.
* Gonsol.
* Newark <t No. Jersey
Total
Trac. Oo. So. Orange.
St. Ry.
of all.
.
Maturity.
1,226,891
subject to call before maturity.
Road— Owns 5 miles of track.
Officers— President, Wm. S. Hook; Secretary, Marcus Hook; Trea».
^^^^
120,696
2,124,721
3,472,308
619,294
59,352
991,079
1,669,725
607,597
61,344
1,133,642
l,8u2,583
All expend, for repairs, operation, superintendence
andmanagement
$33,450 f. p
Jan. 1, 1912
35,000
iBt mort., $75,000, gold.. 1892 6 g J - J
Trustee is St. Louis Trust Co., of St. Louis, Mo. The bonds are not
Balance
*Operated by North Jersey
St.
Ry. from June
1,
1898, and balance
of year included in that company's report.
Officers.— President, Edward F. C. Young; Vice-President, David
Young; Secretary, Wilbur F. Johnson; Treasurer, E. N. HUl; Auditor,
—
JAMESTOWN,
Population 1890 was 16,038
and in 1870 was
;
V. 66, p. 277, 573, 664. 955, 1046, 1141; V. 67, p. 75,
E. H. Hibbs
530; V. 68. p. 41, 525, 673; V. 69. p. 233.
N. Y.
in 1880
5,336.
was
(1)
9,357
JAMESTO"WN STREET RAIL"WAY-A
trolley
Organization— Incorporated Oct. 18, 1883. Franchise runs till 1982
Population served said to be upward of 28.000.
—
interest. Outstanding. Maturity.
Date,
Bonds
Stock
$250,000
Stock ($2.50,000) par $50
6gJ-J
300,000 Jan. 2, 1923
IstM. $300,000 gold, cM 1893
Ititerest payable at State Trust Co., Trustee.
(
$1 000
$218,723
BUls payable June 30, 1898
161,657
Open accounts
The mortgage is Umited to $300,000 and covers all property and
rights now owned or hereafter acquired.
Earnings— Year ending June 30, 1898, gross, $88,142; net, .$27,672;
other income, $2,760;intere8t and taxes, $29,948; bal., surplus for
year, $484. In 1896-97, gross, $85,002; net, $16,802; other Income,
$1,705; interest and taxes $20,358 bal., deficit for year, $1,851.
Road— Owns 1867 miles of track, of which 3 miles is second track.
Vice-President, L. B.
President, A. N. Broadhoad
Officers
Warner; Secretary, W. S. Cameron; Treasurer, S. B. Broadbead.
Superintendent and Purchasing Agent, G. E. Maltby.
;
;
CONSOLIDATED TRACTION OF NEW JERSEY-
March, 1893, to acquire control of
reaches from Jersey City to
Newark, Orange, Elizabeth, Bloomfleld, etc.; also carries passengers
to Passaic, thence by steamer to Bay Ridge, L. I., and via Long Island
BR. to Manhattan Beach and Coney Island. V. 65, p. 277.
On June 1, 1898, the property was taken over by North Jersey Traction Co., which assumed all its obligations, under a 999-yoar lease that
guarantees 2 per cent on the stock for the first 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.
Organization— Incorporated
road.
&
in foreolosurw
In August, 1896, to
Stock $50,000, par $50
urer, Francis Hook.
7,254.
$
$
$
$
Income from passengers.. ..1,215,420 119,550 2,112,716 3,447,686
Otherincome
11,471
1,146
12,005
24,622
Population 1890 was 12,935; in 1880 was 10,927;
AND IN 1870 WAS 9,203.
Organization— Chartered Feb.
Date,
Stock & Bonds—
was
—
Population 1890 was 20,798 in 1880 was 16,105
and in 1870 was 11,447.
JACKSONVILLE
in 1870
JEFFERSONVILLE CITY RAILMTAY.-
See text.
$300,000
175,000 July 1, 1922
6J-J
5 1892
I Int. payable at Farm. L. & T. Co. N. Y. City.
6J-J
$75,000 July 1, 1922
1894
6J-D
25,000 June 1,1922
1894
$61,425
Street Railway receipts
Brush-Swan Electric Light.. 28,052
CITY, IND.
Population 1890 was 10,666; in 1880 was 9,357;
,
2dmortgage
Treas., E. L. Blabon.
Maturity.
OntstancVg.
Interest.
and
Sec.
JEFFERSONVILLE
1890 was 11,079; in 1880 was 9,105;
AND IN 1870 WAS 8,462.
9t?ck. $300,000,pr.$100
lat mortgage.....
45
street railways in
—
p.
1141.
Dividends under lease will be
1899-1902,
1904-1905,
1903,
1906,
Thereafter,
2 per cent.
Sifl per cent.
2^ per cent.
3 per cent.
4 per cent.
Stock Bonds Jan.l,'99 Date. Interest. Outstanding. Divs., etc.
stock, all paid in
$15,000,000
See te.xt
CJnderlying bonds— see below
6,108,000
t8tmort/< age, gold
J-D
June 1, 1933
1893 5 g
14,712,000
}
$15,000,000 ($1,000) i Interest at Manhattan Tr. Co., N. Y., trubtee.
Cost of road and equipment to Jan. 1, 1899
$37,780,583
&
.
JANESVILLE,
V^IS.
JANESVILLE STREET R Y.-A troUey road.
.
Underlying Bonds.
Newark Passenger Ry.
Population 1890 was 10,836; in 1880 was 9,018
AND IN 1870 WAS 8,789.
in
New Jersey. System
1st conpol. 5r, J&J. fruar. p. .fe I
Interest at Peoples' Bank, Philadelphia.
Newark Pass. Ry. sub. companies
Jersey City & Bergen Railroad
The gold bonds
of
mortgage, but also
$4,250,000
1,600,000
258,000
1893 are free from tax and secured not only by
by deposit of $1,000,000 stock of J. C. & Bergen
—
:
:
;
STREET RAIL'WAYS.
46
BR., $161,625 stock of Newark Plank Road Co., $6,000,000 stock
Newark Passenger Ry., and $99,100 stock of Jersey City Harrison &
Kearney Railway Co.
Road.— In 1899 there was in operation 190 miles of track, including
Road Absorbed
Stock owned. J. C. Har. & K. RR. .Stock owned.
!N. J. Traction Co
Newark Pass'ger Ry. Stock owned. Newark Plank Road. Stock owned.
J. C. & Bergen RR. .Stock owned. Passaic & Newark El.Stock owned.
Stock, debts and mileage of the leased and controlled lines
—
.
.
Miles.
Debts.
Stock.
None
New Jersey Traction Co
$500,000
Newark Passenger Rv
Rapid Transit Street Ry
83
6,000,000
$5,850,000
504,000
500,000
12
41 1^
258,000
1,000,000
Jersey City & Bergen RR
100,000
Jersey City Harrison & Kearney Ry. 10
4*6
162,000
74,702
Wewark Plank Road
1,000,000
550,000
Passaic & Newark Elec. Trac
103i
4,000 shares
Port Richmond & Bergen Pt. Ferry
Earnings— Since lease earnings have been included in returns of
North Jersey Street Railway. Previously they were
1895.
1897.
1896.
For the year ending Dec. 31
$2,779,264
$2,487,104
From passengers
$2,967,794
21,318
20,452
25,658
•Othermcome
via North Jersey Traction Co. The road is in operation to
will presently be completed to Hackensack.
SECOKITIES PROPOSED BY MC CORMICK PLAN.
Stock
&
$2,993,452
1,447.517
$2,507,556
1,557,430
$1,545,935
Balance
$2,800,582
1,468.440
$1,332,142
950,126
(2) JERSEY CITY & BERGEN RAILROAD—
Road— Owns from Jersey City to Bergen Point, etc., total track, 41 ^2
Controlled by Consolidated Traction Co., all the stock being
deposited as part security for the Traction Co. 1st mortgage.
miles.
&
Bonds—
Oulsfand'g.
Maturity.
$l,000,000f.p
Jan. 1,1903
7 J. -J.
258,000
T.8t mortgage ($1,000).. 0*. 1873
Total cost of road and equipment to Jan. 1, 1899, $1,442,298.
Stock
Date.
Inleresl.
•Stock
NEWARK PASSENGER RAILWAY—Mostly electric.
(3)
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
999 years. Charter said to be perpetual.
Lease and Rental Rental under the lease, $105,000 yearly.
Maturity.
Par. interest. Outstanding.
Bonds
Stock
$100 Text.
$6,000,000 Own. by C Tr.
Stock
6
F-A
100,000
Feb. 1, 1901
New. & Blm. St. Ry. Ist.... o
^§5 6
Apr. 1,1905
496,500
Newark 1st M... go < Int.A-O
Orange
at Manhattan Tr. Co., N. Y. City.
Organization— Incorporated June
—
&
&
& Newark
—
OH
J-D
7
200,000 June 1,1900
«^^ 6
M-N
753,500 Nov. 1, 1905
Essex Pass. cons.
June 1, 1900
50,000
Newark & Irvington Ist... 1,000 6 J-D
-J
July 1, 1930
4,250,000
Newark Passenger cons. ) 1,000 5 g.J
Solicitors Loan & Trust Co. Phila.
Trustee
1890, $6,000,000 g.-.o*
The $6,000,000 stock is all deposited as security for the Consolidated
Traction Co. first mortgage.
Interest on consol. 5s is payable at First National Bank, Jersey
on other bonds at Manhattan Trust Co. of New York. The
City
consols are guaranteed principal and interest by the Consolidated
Traction Co. of New Jersey, and in February, 1895, the guaranty was
stamped on the bonds.— V. 59,
Consol. Bonds— Ot the $6,000,000 consols, authorized $1,600,000 are
reserved to retire liens. The consols, are to be paid, principal and
Interest, without deduction for any tax.
Jan. 1, 1899, total funded debt was $5,850,000 (no other debts reported) and total cost of road and equipment was $11,850,000.
Dividend.— First dividend (1 per cent) was declared in June, 1894.
Road—January 1, 1899, aggregated 83 miles of track.
Earnings are included in reports of Consol. Traction Co. of N. J. and
are not reported separately— V. 59, p. 969.
Belle.
1st
M
M.
:
JOHNSTO\VN, PA.
Population 1890 was 21,805;
and in 1870 was
;
RAPID TRANSIT STREET RAILWAY.
Organization- In February, 1892, leased to Newark Passenger Kail"way, and included with it in lease to New Jersey Traction, and so forms
part of Consolidated Traction system.
Etc— Pa*".
Rental
is
11% per
—
;
;
—
JOLIET, ILL.
Population 1890 was 23,264 in 1880 was 11,657
AND in 1870 WAS 7.263.
For statement of this road, see
American Railways Co. under Philadelphia.
;
JOLIET RAILROAD—
KALAMAZOO, MICH.
Population 1890 was 17,853; in 18sO was 11,937;
AND IN 1870 was 10,447.
MICHIOAN TRACTION OF KALAMAZOO
& BATTLE CREEK-TroUey.
A
Organization— consolidation in 1897 of the Citizens' Street Ry.
of Kalamazoo and the Citizens' St. Ry. of Battle Creek. In July, 1899,
the road's franchises were declared forfeited by the Kalamazoo City
Council for failure to obey the demands of Council.
Date. Interest. Outstand'g.
Maturity.
Stock $500,000
(1)
New mort., *500,000($1,000) 1897 6 A&O
{'i^
1927
The new bonds will be issued to retire the $100,000 underlying bonds,
and to construct connecting line of 271^ miles, contract for which was
reported let in 1898, and to be in operation in 1899; consolidated roads
had 19 miles.
OFFICERS— Presidept and Gen. Man.,L. N. Downs, Kalamazoo; VicePresident. E. A. Greene. New York
Secretary. Dee Allen, Battle
Creek Treasurer, C. A. Stover, 33 Wall St., New York.— V. 60, p. 857.
;
;
KANKAKEE,
interest.
11% J-D 30
5gA-0
(5) PASSAIC & NEWARK ELECTRIC TRACTION— A trolley road.
Organization— Incorporated April 30. 1895. and acquired aU the
$1 ,000,000 stock of the Passaic & Newark Electric Ry. Consolidated
Traction Co. of New Jersey, which operates the road, owns all the
stock and guarantees the bonds.
. .
-A.
&
HACKENSACK TRACTION
trolley road.
Organization— Incorporated
Feb., 1899, as a reorganization per
plan in V. h7, p. 127 (see also V. 66, p. 1090). of the Unio;i Traction
Co. foreclosed Jan., '99. V. 68, p. 383. The main route is from Hackensack (where connection is had with New York via Bergen County
Traction Co.) along the ridge between the Hackensack and Passaic
rivers, through tlie towns of Ha.sbrouck Heights, Woodridge, Carletadt, East Rutherford, Rutherford, Lyndhurst, Kingsland, to Arlington on the east side and to Belleville on the west side of the Passaic
Biver, 30 miles of track; at Arlington connection is hai with Newark
ILL.
Population 1890 was 9,025 in 1880 was
;
KANKAKEE ELECTRIC RY.-A
Chartered
Orqanization—
Stock & Bonds—
Stock, $60,000 ($100)
5,651.
trolley road.
Jan. 7, 1891.
Miles.
Date. Interest. Outstand'g.
Maturity.
$50,000
^^^l
50,000 July 1, 1911
6 J-J
istmort^a^e
ist mortgage
^ Trustee, the Northern Trust Co., Chicago, lU.
Road— In 1899 operated 8 miles of track.
Officers—President, E. Cobb; Vice-President, Chas. H. Cobb; 8eor«tary and Treasurer, W. C. Schneider; General Manager, C. H. Cobb.
^-
KANSAS
CITY, MO.
Population 1890 was 119,668; in 1880 was 55,785;
in 1870 WAS 32.260; in 1898 estimated at 175,000.
&
Date, interest. Outsland'g.
Maturity.
Bonds—
Stock
Stock., $1,000,000 (par $100)
$1,000,000
J-D
5.50,000 June 1, 1937
1st M.,$l,000,000,guar. p&i. < 1897 5
by Consol. Trac. of N. J. < Int. at N. J. Title Gu. & Tr., Jersey City.
Road— Owns 10*78 miles of track.
Earnings- Now included in Consolidated Traction.
NEWARK
trolley road.
In Sept., 1899, directors, it is reported, authorized an increase in
stock from $250,000 to $800,000, and also the creation of a new mortgage for $800,000, of which $250,000 to be used for redemption of old
bonds. Consolidation with the Johnstown & Somerset Traction, a
projected road, contemplated.
Date, interest. Outstanding,
Maturity.
Stock & Bonds
Stock $250,000, par $50
Text.
$210,200
General mort. $250,000, 5 1890 6 M-S
Mar. 1, 1910
250,000
$1,000
c\ Interest at Fidelity Trust, Trustee, PhUa.
Bills payable June 30, 1898
$92,575
I>ivide7ids—lTi 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. c.
Earnings—Year ending June 30, 1898, gross, $113,031; net, $55,249; interest and taxes, $23,191; dividends, $12,612; bal., surplus,
$19,446. In 1896-97, gross, $106,350; net, $50,157.
Road— Operates 113 miles of road; 17-8 miles of track July 1, 1898.
Officers— President. Tom L. Johnson, Cleveland, O. Secretary,
8. E. Young; Treasurer, T. C. Dupont, Johnstown. V. 69, p. 541.
cent on
outstanding. Last div., etc.
$504,000
See text.
(1,000
500,000 Apr. 1,1921
Ist M. $500,000, g. .0* < Subject to call at 110 & int. any time after April
f
1,1901. Interest at office of Fidelity Trust &
Deposit Co., trustee, Newark, N. J.
Total cost of road and equipment to Jan. 1, 1899, $1,004,000.
Dividends of 11% per cent yearly are guaranteed by the Newark
Passenger and New Jersey Traction companies upon the trustees' certificates issued for stock. Miles of track 12-07.
Stock, trustees' certs
CO. —
1880 was 8,380;
6,028.
JOHNSTOWN PASSENOER RY.-A
stock, besides interest, taxes, etc.
Stock, Bonds.
in
.
<i
(4)
Date, interest. Outstanding. Maturity.
voting trust)
$6.50,000
1899
500,000
1949
5g.
(in
Coupons for first year are to be cut from all the $313,850 bonds issuable in exchange for completion of the road; purchase of new equipment bonds for $186,150 were reserved. The new mortgage will cover
the whole road, including the proposed extension. Stock is to be represented by following voting trustees W. G. Street, Frank M. Pierce
and William C. Giles, for two years, or until the trust shall be terminated by an instrument in writing signed by each of the trustees.
Officers— Pros., W. G. McCormlck; Vice Pres., W. C. Giles; Treas.,
John H. Coon.— V. 68, p. 383.
:
Total
Bonds—
Stock, $650,000 ($50)
Ist M., $500,000, gold
:
Operating expenses
Woodridge
and
CENTRAL ELECTRIC RAILWAY OF KAN-
SAS city-
Organization— Is a consolidation
of the
Brooklyn Avenue Railway
be converted from a cable to a trolley line), the Northeast Electric
Railway, and some others. Controlled by the Metropolitan Street
(to
Railway of Kansas
Stock
Stock
&
City.
Bonds—
Date.
interest.
M&N
Outstand'g.
_^
Maturity.
(?)
5 g.
$2,000,000
May 1,1914
M., sroH, $2,500,000^ 1899
($1,000). c*
5 Colonial Trust Co., trustee.
Officers— Daniel B. Holmes, Preslilent; Henry C. Page, Secretary.
METROPOLITAN STREET RAILWAY-Cable
and trolley..
Organization— Incorporated July 19, 1886. In May, 1894, the
company secured control, by purchase of all the capital stock, of the
Kansas City El. (20*58 miles) and assumed the debt of that company.
D
STREET RAILWAYS;
47
In like manner it controls Kansas City & Rosedale St. Ry. and South
Suburban St. Ry. In June, 1895. the charters of all the constituent
companies were extended to 1925.— V. 60, p. 1105; V. 67, p. 634. In
$50,000. Bonds, $50,000,5 per cent, interest payable semi-annually.
Mercantile Trust Co. of New York, trustee.
Officers,— President, John Karr; Secretary and Treastirer, Frank
was >;ranted franchises for various now lines, the company
agreeing to pav the city 2 per cent of the c^tsh fares collected from
business originating on these liiie.s. The Central Electric Railway of
Kansas City, a new com 'any, is also said to be controlled.
In October, 1898, P. D. Armour and Norman B. Ream purchased a
oontrolling interest in the stock, and in June, 1899, elected their owu
Bell,
July, 1899,
board of directors.
&
Stock
Bonds—
Date,
Outstandhifj.
interest.
Q.— F.
Maliirily.
$5,586,800 Nov.l, '99,1%
5gJ-J
893,000 July 1, 1916
^ 1886
M. ($1,000) drn. at 110. S lut. payable at Central Trust Co., N. Y.
1,000,000 Sept. 1, 1909
General mort.($l,000,000M 1889 5gM-S
{ Int. payable at New England Co., Boston.
gold
Bonds assumed in consolidation of 1895
Apr. 1, 1901
K P Ciblfi l«t M ext in>18^7 5g. A-O $1,050,000 York by Blair
Interest is payable in New
fi-old ?>q7 ^i«r" p. a i
i... C
goia, 1&J7, guar. n
Stock (see above)
Corrigan Con. St. Ry. Ist
fe
^
&Co.audin Boston by New England Tr.Co.
^^"^
$300,000 Apr.
1888 5g. J-JIO 1,200,000 July
c^Trustee, Central Trust Co.
^'6^ext.in*1897^"..°^.'!il^^'^
Grand Avenue Ry."
I's't )
mortgage, gold
New mortgage
—
1,
10,
1901
1908
3,721,000 May 1, 1910
Ry. con. (1895 5g. M-N
$8,500,000, < Not subject to call before maturity.
gold
c* ( Int. at (5 Id Colony Trust, trustee, Boston.
Securities of subsidiary roads
Kansas City Elevated Ry.
1st M. pref. ($600,000)
1892 6gJ-J
$600,000 July 1, 1922
gold ($1,000)
c*
....
2,000,000 July 1,1922
IstM com (<B2 000 000)^ ^^^^ 4 at Manhattan Trust Co., New
Interest
<
»«iH (*i,uuu)
gom SS?^nnni
^ York City, J- J.
ParkConnec.Ry.,p.&i.gu
6
....
30,000
I>ivute7ids—ln 1895, 2 p. c; in 1896, 2^ p. c; in 1897, 2 p. o.; In
1898, Feb., I3 p. c; May, ^2 p. c; Aug., i^p. c; Nov.. 1 p. c; in 18i<9,
Feb., 1 p. c; May. 1 p. c; Aug., 1 p. c; Nov., 1 p. 0.
Bonds The new consolidated mortgage for $8,500,000 was to be used
Reserved to retire when due the existing bonds of the
as follows
Corrigan, Metropolitan, Grand Avenue and Kansas City Cable issues
described in the table above, $4,550,000
for the purchase of the
property of the Kansas & Independence Rapid Transit Company, etc.,
being the amount of bonds issued on account of said properties by the
late Kansas City Cable Railway Company Consolidated, $2,075,900
(issued); for purchase of the West Side Railway Company, $330,000
(Issued) for desirable improvements to the present system and for
future requirements the company held $329,000 consols in May, 1897.
Interest upon KaJisas City Elevated Ry. 1st M. preference 6s Is
guaranteed, principal and interest by endorsement, and upon IstM.
common 5s 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,
is as follows
Metroplitaii
St.
mortgage,
—
'
—
:
;
;
Roads owned.
Kansas City & Rosedale
Miles.
Main
45-45
62-38
line (trolley )
do.
(cable)
Ry. (trolley)
Miles.
6-46
Suburban St. Ry. (trol'y) 2-50
Kan. C. Elevated Ry. (trol'y) 18-68
135-47
Total (single)
New
York.
KINGSTON,
was decided to epend $1,500,000 in Improvements
and extensions. In 1898 the Fifth Street cable line was converted into a
it
and many of the other cable lines are also being converted into trolley.— V. 67, p. 736.
Annual Report.— Fiscal year ends May 31. Earnings of thesystem
and its controlled lines are as follows:
Tear etiding May '.il.
1897-".
1898-9.
Gross passent^er receipts
$2,070,228
$1,922,818
Operating expenses
1,139,604
1,0<4,145
trolley road,
COLONIAL CITY TRACTION CO.-A trolley road.
Organization— Organized Jan. 9, 1896, as successor to Colonial
City Electric Ry., sold in foreclosure Dec. 12, 1895. Estimated population in 1898, 25,900.
Date, interest. Outstanding. Maturity^
Bonds—
Stock
&
Stock
$175,000
1896 5g. M-N
100,000 May 1,1926
Ist mortgage, gold
Ib96 5g. M-N
75,000 May 1, 1946
2d M. incomes, gold
Manhattan Trust Co., N. Y., trustee of both mortgages.
Road— Operates 4-58 miles of track laid vrith 80-lb. girder rails.
Earnings— For ytar ending Dec. 31, 1898, gross, $24,740; deficit
fiom operation, $9,579; taxes, $1,050. Year ending June 30, 1897,
gross!, $26,750; deficit from operations, $7,322; taxes, $581.
Officers— President, Charles M. Preston; Secretary, John E. Kraft;
Treasurer, Abraham Hasbrouck.— V. 59, p. 1058. 1064.
KINGSTON CITY RAILROAD
Net income from passengers
Ottierincome
$930,624
25,235
$888,673
27,010
Total net income
Interest and taxes
$955,859
586,709
$915,683
573,880
$369,150
{3^%) 195,n38
(2%) 111,736
$173,612
114,827
$230,"P6
179,282
Assets written off
$341,803
Balance surplus for year
$58,785
$50,784
Officers— Chairman of Board, P. A. Valentine; President, W. H.'
Holmes; Vice-President, L. E. James; Sec. andTreasurer, "W. E. Kirkpatrick; General Manager. C. F. Holmes.- V. 65, p. 112, 1115; V. 67
p. 479, 634, 736; V. 68, p. 1226; V. 69, p. 26, 540.
MISSOURI ELECTRIC R Y.-To be a troUey road.
Organization— Incorporated
October, 1898, to construct a
double-track road extending to the southern city limits. Will also
operate the city end of the line of the Jackson County Electric Ry.,
controlled by the same interests, which is to build a ttve-mile double
track road from the city limits to Dodson and Swope Park. President,
Henry Smith; Vice-President and General Manager, F. W. Sears;
Secretary, Chett McDonald Treasurer. B. V. Burd.
in
;
NORTHEAST ELECTRIC
tric
Railway of Kane as
Stock, $150,000, $100
1st M., $500 each
Consols, $150,000, $1,000
Not sub.to callbef'e mat.
Debentures
On demand.
6<iuar.
6,000
Dividends in 1896-97, 6 p. c.; in 1897-98, 6, p. c; in 1898-99, 6 p. 0.
/?iteres<— Interest, except on consols, is paid in Rondout.
Road— Owns 3-6 mUes of track in City of Kingston Rails 701b.
Bond and mortgage
Earnings3 mos.
!o Sept.
Oross.
30.
1899
1898.
Central Elec-
3,411.
HEAT & POWER.
company
in l>i99 acfiuiretl
$13,006
13,592
$5,125
4,941
For years ending June 30
1899.
1898.
1899.
1898.
3 6
Av'ge miles op...
3 6
Taxes
$2,392 $2,169
Gross earnings.. $67,540 $60,746 Dividends
9.000
9,00O
Net
25,013
21,584 Bal.,sur. for year... 4,961
1,756
Interest paid....
8,660
8,660
Officers— President, S. D. Coykendall; Vice-President, GeneraJ
Manager and Purchasing Agent, George CoykendaU; Secretary and
Treasurer, Peter E. Schoonmaker Auditor, O. L. Eastman.
;
KNOXVILLE, TENN.
Population 1890 was 22,535 in 1880 was 9,693.
Knoxville, North Knoxville and West Knoxville
;
Cities
voted
(August, 1897,) to consolidate; population of consolidated citiee estimated by offlcials of KnoxviUe Traction Co. in 1898 at about 52,000.
KNOXVILLE TRACTION COMPANY-A
trol-
and electric light enterprise.
Organization—A consolidation Mar. 30, 1898, of Knoxville Street
RR., Union Ry., Citizens' Ry. and West End Street RR all of whose
bonds, mortgages and stock have been surrendered and canceled. All
the securities of Knox. Eleo. Light & 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
desoribed— V. 66, p. 709.
Franchise is perpetual and gives " practically exclusive " right to
ley
,
operate street railways in the city.
Stock
&
Bonds—
P«»'-
interest.
Outstand'g.
Maturity.
100
$1,000 5g.A&0
$750,000
Ist M.of '98, $850,000, gold, >
850,000 Apr. 1,'38
tax free
5 Int. at trustee. Bait. Tr. & Gu. Cfo., Bait.
Bonds will have sinking fund of $10,000 yearly after stock pays 5
per cent dividend, but will not be subject to call. As said above,
mortgage covers the electric light and power plants as well as the
30 mUes of road.
Roao—Owns about 30 miles of trolley road.
EARNINQS—For nine months ending Dec. 31, 1898, gross, $139,736;
net, $72,899; charges, $37,130; balance. $35,769.
Officers— President, Franks. Hambleton, Baltimore; Vice-President
C. C. Howell Secretary and Treasurer, W. 8.
and General Manager,
Shields.— V. 66,
p.
;
709.
__
KOKOMO,
IND.
Population 1890 was 8,261; in 1880 was 4,042;
and in 1870 was 2,177.
KOKOMO
CITY STREET
RY.- A trolley road. In
Jan 1899, Charles L. Harry was appointed receiver. V. 68, p. 130.
Purchased at foreclosure sale on Jan. 28, 1899, by W. P. Stevens of
Detroit, ownerofKokomo Railway &Llght Co., and itwas said$90.000
t)onds would be issued and roadimproved and extended.— V. 6rf, p.282.
,
Stock
Stock
<fe
Bonds—
Ist M., $75,000
Miles. Date, interest. Outstanding.
$100,000
75,000
1892 6
miles of track in Kokcmio.
M-N
4''8
Maturity.
Nov.
1,
1912
Officers- President, Fremont Woodruff, Detroit; Vice-President,
Kokomo: Secretary and Treasurer, William P.
L. J. Kirkpatrlck,
City.
KEYPORT, N. J.
Porui.ATioN 1890 WAS
MIDDLESEX & MONMOUTH ELECTRIC
-Trolley and
This
Surplus.
$7,881
8.651
Charges.
Xet.
$24,831
24,877
Stevens, Detroit.— V. 68,
LIGHT,
div'd, etc-
$150,000
See text.
1879 7 JJune 12, 1909
15,000
March 1, 1923
< 1893
5 M-S
135,000
i Interest at Farmers' Loan & Trust Co., N. Y.
1890 5J-D
June 1, 1900
10,000
Road— Operates about 4''8
RY.-8ee
-A trolley road.
Organization— Chartered June 5, 1879.
Date, interest. Outstand'g. Last
Stock & Bonds—
Stock. $750,000
Net income
Dividends paid
N. Y,
Population 1890 was 21,261, and in 1880 was 18,344.
St.
so.
In March, 1899,
120 Broadway,
the K<-yport
electric light.
& Matawan
Street RR.
Extension of 12
Motive jjower to he changed from horse to trolley.
to 15 miles proposed. Is also Installing an electric-lighting system to
supply the towns of Keyport, Matawan and South Amboy. Stock Is
p.
85, 130. 282.
LACONIA,
Population (township) 1890 was
AND
N. H.
6,143; in
in 1870 was 2.309.
1880 was 3,790;
LACONIA STREET RAILWAY-
tlie Laconia & Lakeport St. Ry. In 1894,
Population in 1897 about 15,000. In August, 1898, a controlling Interest had been purchased by Charles T. Foster and H. L. Pierce of
Leomiuister, Ma>i8., and George H. Cook of Athol, Mass.
Organization— Successor to
;
:
;
STREET RAILWAYS.
48
Ontstand'g.
Last JHv.
Divideiids.
Stock Etc.—
4%, '94-95
Stock, $100,000 (par $50)
See text.
$100,000
Bonds authorized, $91,000
Dividends— In 1893-94 paid 5. c; in 1894-95 paid 4 p. o.
Road— Owns 8*8 miles oi' track. In 1899 the road was extended to
Weirs, 4 miles, and the entire system equipped with electricity.
Earnings— For years ending June 30
1898.
1897.
1898.
1897.
,
I
$9,124
•Gross
Net
684
Other! noome
Officers—Pres
$9,865
1,664
15
I
and
taxes... $990
Bal. for year.... def. 306
Int.
$1,027
sur.652
I
|
H. L. Pierce; Treas., C. T. Foster; Seo.,E.
,
Little.
LA CROSSE, WIS.
was
7,785.
OrQANIZATION— Chartered Nov. 17, 1885. Franchise runs till 1938.
Stock & Bonds— Miles. Date, interest. Outstand'g. Last div.,ete.
8t|°^0<^20M00),par|
See below. $200,000 f. p. { J^^^-'^J
125,000 Jan.l,19l'8
6g. J - J
SubjecttocaU Jan. 1,1903.
gold,$l,000
s
Interest at Northern Trust Co., trustee, Chicago, 111.
Dividends— For 1892, 7 per cent; 1893, none; 1894, 7 per cent.
Road Owns 10% miles in city of Lacrosse.
10% 1893
)
Officers.— President, D. H. Klmberly, of Cleveland; Secretary, C.
O. Evarts, of Cleveland.
LEAVENWORTH ELECTRIC RR. -A
perpetual
&
made
Bonds—
Gross.
1898
(Cal. year)..
Population in 1890 was 16,243
LAFAYETTE STREET RY.-A
Stock
&
Bonds—
Date,
interest.
was
14,860.
trolley road.
Outstanding.
LANCASTER, PA.
Population 1890 was 32,011; in 1880 was 25,769;
AND in 1870 WAS 20.233.
CONESTOGA TRACTION-A troUeyroad.
ORQANIZATION—Acquired at foreclosure the lines of the Pennsylvania Traction, sold In November, 1899. In the reorganization the old 5
per cents and 51a per cents of the Pennsylvania Traction Co. are replaced by the 4 per cent bonds mentioned below. The property comprises an extensive system of lines in Lancaster City and Lancaster
County. Important extensions are planned to provide connection
with Philadelphia and with Reading.
Date, interest. Outstand'g.
Maturity.
Bonds—
Stock
Btock. common, $3,200,000
(?)
preferred,
Stock,
800,000
(%)
4
Mortgage, $2,000,000
„
Securities of lines controlled.
Lancaster City RR.,l8tM. go* < 1890 5g. A-0
160,000 Apr. 1, 1920
( Trustee, Atlantic Trust Co., New York.
($100 and $500)
&
W.E.St.Ry. 1st M., $225,000 5 1891 5 M-N
225.000 May 1, 1921
$100, $500 and $1,000 .c* i Trustee, Atlantic Trust Co., New York.
Lancaster & Columbia stock.
..30 F-A
37,500
(?)
Istmortgage
1893 5 A-O
225,000
1923
Road—The Pennsylvania Traction operated 63 miles of track, including old Lancaster Traction, 29 miles Lancaster City Street Ry.,
18 miles; Lancaster & Columbia, 8 miles; Lancaster & Latitz, 10 miles.
Earnings— For year ending June 30, 1898, the Pennsylvania Trac.
;
tion earned, gross, $194,167; net, $64,714; taxes, $20,609.
Officers— President, William B. Given.
iNDEX-V. 66, p. 83; V. 67, p. 1208; V. 69, p. 131, 1063.
LANSING, MICH.
1890 was 13,102; in 1880 was 8,319;
and in 1870 was 5,241.
in
LANSING CITY ELECTRIC RY.-A trolley road.
•Organization- Franchise granted in 1889 and runs 30 years.
Interest
was
&
in default, but subsequently paid.
Date, interest. Outstanding.
Bonds—
Stock
Maturity.
Stock, $100,000
$100,000
£8tM., $100,000, gold.
1896 5 g. J<feJ.
100,000
Jan. 1, 1945
Trustee is Continental Trust Co., N. Y.
Road—Owns 10 miles of track, 11 motor cars and 7 trailers.
Earnings —Jan. 1 to June 30, 1897 (6 months), gross, $12,295; net,
(2,965.
LANSING DEXTER & ANN ARBOR ELECTRIC R Y.— To be a trolley road.
Organization— Cliartered in 1898. To extend through the places
named, about 60 miles, connecting with the Detroit Ypsilanti &
Ann Arbor RR., making a complete electric line frooa Detroit to Lansing of over 80 miles. Expected to be completed in 1899. Stock,
f250,000. In Jan., 1899, it was understood that the Westinghouse
Co. had arranged to float bonds to be Issued to the extent of $1,175;OOO.
President, C. A. Mapes, Lansing, Michigan.
LEAVEN^VORTH, KAN.
Population 1890 was 19,768; in 1880 was 16,546;
and in 1870 was 17.873.
KANSAS CITY & LEAVENWORTH-TroUey.
Acquired by contract in 1899 the property of tlie Leavenworth &
t,ansing Railway and of the Kensington Railway, and built a line between Kansas City and Leavenworth. Same parties have also ac-
Bal.,8urp.
$8,775
LEBANON, PA.
Population
in
1890 was 14,664; In 1880 was 8,778
AND IN 1870 WAS 6,727.
RY.-For
;
statement
Power & Transportation," under
of this company see "United
delphia.
Phila-
^^^^
LEOMINSTER, MASS.
Maturity.
'~'
Stock (common), per $50.
$260,050
do preferred,
38,000
istmort. ($1,000 each)., jJ<|PE,taVeTruktCo.,^lhilL^d%ma;teu^^^^^^^
j
Owns 17^ miles standard-gauge road.
Officers— Pres.,Warren G. Griffith; See. and Treas., J. T. Henderson.
Population
Interest.
$15,000
$23,775
LEBANON & ANNVILLE ST.
IND.
in 1880
;
Net.
$61,144
Cargill
;
of the two.
Miles. Date,
interest. Outstand'g. Maturity.
Stock $300,000, par $100
$250,000f.p
1924
1st mort. for $300,000 < 131^
1894 6g. A-O 250,000
gold, no option
c. < Int'st at Atlantic Trust Co., trustee, N.Y. City
Road, Etc.— Owns in fee li^ miles of trolley track, of which S's
miles are in the city of Leavenworth, 3 miles to Fort Leavenworth and
2 miles to Soldiers' Home and 1 mile to Mt. Muncie Cemetery.
Earnings— For calendar year earnings have been:
—
Officers— President, B. E. Edwards; Vice-President, W. W.
Secretary, H. E. West Treasurer. G. H. Clark.
LAFAYETTE,
trolley road.
franchise.
Organization—Chartered in 1894. Has a
Stock
LACROSSE CITY RAILWAY1st mort.","$175,0()6;
retired.
dation has been
;
in 1870
$600,000 6 per cent bonds; the $45,000 bonds of the Leavenworth &
Lansing Ry., also the $50,000 bonds on the Kensington line, will be
In June, 1899, a controlling interest in this company was acquired
by the parties owning the Kansas City & Leavenworth. No consoli-
Population 1890 was 25,090 in 1880 was 14,505
and
quired a controEing interest in the Leavenworth Eleotrio, but no consolidation with that road. Capital stock is $1,000,000. There will be
issued on all the lines, exclusive of the Leavenworth Electric Road,
Population in 1895 was
IN 1880
WAS
5,772;
9,211; in 1890 was 7,269;
IN 1870 was 3,894.
AND
LEOMINSTER & CLINTON STREET RAIL-
VV AY— A trolley road.
Organization, Etc.—Built in 1896. Owns a park three miles from
Leominster. In 1896 Leominster was reported to have a population
of 10,000 and Clinton 12.000.
Date, interest. Outstanding.
Maturity.
Bonds—
Stock
$150,000
Stock $150,000
1897 5 g. A-O
150,000
Apr. 1,1917
IstM., $150,000 ($1,000))
subject to call at 105, s. > Interest at Amer. Loan & Trust Co., Boston.
c.
f., gold
1897
6 A-O
45,000
Apr. 1,1912
15-vear coupon notes
531,327
Loans Oct. 1.1898
First mort. sinking fund $2,000 per annum, beginning Oct. 1, 1898.
Road— Owns 12-17 miles of track.
Earnings— i ear ending Sept. 30, 1898, gross, $43,626; net, $18,239;
In 1897, gross,
Interest, taxes, etc., $18,420; balance, deficit, $183.
$40,588; net, $18,493; interest and other charges, $18,912; balance,
deficit. $420.
Officers.- President, C. E. Barnes; Clerk, J. F. Butman.
&
LEWISTON, ME.
Population 1890 was 21,701; in 1880 was 19,083;
and in 1870 was 13.600.
LEWISTON BRUNSWICK & BATH ST. RY.
— A trolley road
Organization— Organized in 1897 and purchased the Brunswick &
Topsham Ry., S^s miles; also purchased the Brunswick RR., and in
August, 1898, the Lewiston & Auburn RR., subject to $85,000 first
mortgage bonds; also has leased the Bath Street Ry., 4^2 miles, for 999
years, from July 1, 1898, at 4 p. c. on $100,000 stock. Extensions
were being pushed in 1899, entire system to embrace 66ia miles, connecting Bath with Brunswick, Lewiston, Auburn, Turner, Sabattus, etc.
Stock
&
Bonds—
Date,
interest. Outstand'g.
Stock, $500,000; par. $100
Istmort., $1,000,000. gold....
Maturity.
$500,000
778,000
1898 5g.M-S
Mar.,1918
Underlying securities —
Bath Street Ry—
4 J-J $100,000
Stk.au. $300,000, par $100
70,000 July 1, 1913
1st mort., $300,000, gold... 5 1893 5g. J-J
c* Subject to call after July 1,1898.
$1,000
Lewiston & Auburn RR. 1st M. 1891 5 J-D
85,000 June 1, 1911
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— Owns former Brunswick RR., 313 miles, and former Lewiston
& Auburn RR., 14ia miles, and a'so operates under lease from July 1,
1898, Bath Street Ry., 413 miles. Bath to Lewiston, 26 miles, and
Lewiston to Sabattus, 6 nJJes, operated from Sept., 1898. Projected.
Lewiston to Turner, 12 miles; total. 66I2 miles.
Officers— President, a. H. Shaw, Bath, Me.; Vice-Pres. and Gen.
Man., A. F. Gerald, Fairfield, Me.; Treas., 8. A. Nye, WatervUle, Me.
General Office, Waterville, Me.—V. 66, p. 1001 V. 67, p. 481, 634.
(
;
LEXINGTON, KY.
Population 1890 was 21,567; in 1880 was 16,656;
and in 1870 was 14.801.
LEXINGTON RAIL"WAY.—A trolley road.
consolidation Feb.
a
1, 1899, of the Belt Line
Belt Ry. (formerly leased), the Central Electric and the Hercules Ice Co. New management assumed charge latter part of May, 1899.
Embraces all the street railways of Lexington, together with Ice
Organization—This
Electric, the Passenger
is
&
factory and electric light plant.
Combination arranged by a syndicate
& Sons, of Richmond,and Midden-
represented by John L.Williams
dorf, Oliver & Co., of Baltimore.
STREET RAILWAYS.
Stock
&
Bonds— Tbe new company
tiled
amended
articles of incor-
poration in July, 1899, increasing the stock from $1,000,000 to
$1,500,000, and in August, 1899, made a mortgage for $1,500,000.
Miles.
Dale.
Outstand'g.
Interest.
«tnn« «1 500000
etOOK, *^'7"'"7--;
/ 13
1891 6 g. A-O
PassengerA Belt. 1st >
($15,000 bonds due
M., $200,000, gold. ^ 13*" fggi e g. A-O
Passenger & Belt, 2d > ,3
6 g. A-O
$1,000,000
135,000
)
yearly.)
i
50,000
250,000 Apr. 1,1916
..
Co., Lexington, Ky.
13 miles of track on 11 miles of street.
Officers— President, R.Lancaster Williams; Vice-President, George
W. Darnall; Treasurer, R. P. StoU.-V. 68, p. 380. 977, 1077; V. 69, p.
Road— Operated
229, 283, 743.
LIMA, N. Y.
in 1880 was 1,878.
LIMA-HONEOYE LIGHT & RR.-A trolley road.
mile road over private right of way between the villages
Falls. In Jan., 1899, C. B. Hill of Buffalo was appointed receiver and application made to borrow $12,500 to operate
the road, the machinery in power house being defective and opf ration
a
4th3
Lima and Honeoye
of road having been discontinued.
In October, 1899, it was announced that receiver's sale would be
held shortly.
Stock, $125,000; par, $100; aU issued. Bonds, $40,000 30-year
gold 58, dated Oct. 1, 1898 ($500 each); interest at Buffalo Loan Trust
A Safe Deposit Co., Buffalo, N. Y., trustee. In June, 1899, order
was issued restraining the further transfer of bonds. President,
Albert L. Williams, of Buffalo, N. Y.; Sec. and Treasurer, John C.
Conway.— V.
LONG BRANCH,
Population 1890 was 7,231
;
in
N.
J.
1880 was 3,833.
ATLANTIC COAST ELECTRIC
RR.-TroUey.
Organization— Incorporated in May, 1895. Leases the Seashore
Eleotrio Railway of Asbury Park for 50 years at $10,000 per year and
owns $150,000 of the $200,000 total capital stock of latter company
(making net rental $2,500) and owns all of the stock of the West End
& Long Branch RR. and of the Asbury Park & Sea Girt RR. Also owns
entire stock of the Atlantic Coast Eleotrio Light Co., which supplies
the electric lights of Asbury Park, Darlington, AUenhurst, Belmar,
Ocean Beach, Como and Spring Lake.
interest.
Date.
Stock & Bonds—
Outstand'g.
Maturity.
$1,500,000
May 1, 1945
1895 5 g. M-N *1,000,000
000
> Int. at Knickerbocker Tr. Co., N. Y., trustee.
460,000
1946
1896
5 J^
«
f
$500,000.. |
Gen. mort., ffiKAnnnn 5 interest at Knickerbocker Trust, N. Y.
June 1,1945
237,000
5 J-D
»*i Coast Eleo. Ti ,.!,« i=ti\j 5
*rM<»„ Light Ist M.
Atl. ^
interest at State Trust Co., N. y!
|
" (Dec. 31, 1898), $205,985.
" Other debts
* Bonds— Oi tne $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.
Road— Belt Line in Asbury Park and extents from Asbury Park
through Long Branch to Pleasure Bay, 24 miles. In June, 1898, leased
and began operating its cars over the Asbury Park & Sea Girt tracks to
Belmar, 2^3 miles; total 26I2 miles.— V. 66, p. 616. Connects at Long
Branch with Iron Steamboat Co. for New York.
^
Earnings—Year end'g
Railroad
Lighting
Pleasure
Sept.
in 1880 was 7,567;
IN 1870 WAS 4,500.
A trolley road. Population 1898 (local
AND
LIMA RAIL'WAY—
estimate), 25,000.
Organization-Incorporated Nov. 5, 1896. Capital stock is $200,000. Bonds, $180,000. Extensions and improvements have been
made and road is reported in flrst-class condition.
Road— Operates 11 miles of track. Extension of ^a mile proposed
in 1899.
Earnings—Year ending
Oct. 31, 1899, gi-oss, $47,285; net, $17,747;
in 1897-98, gross, $41,467; net, $16,003; In 1896-7, gross, $35,523; net,
$12,911. President, E. W. Moore; Vice-President, Edwin Stone; Secretary, Treasurer and General Manager, Charles Currie, Lima, Ohio.— V.
p. 502.
LINCOLN, NEB.
in 1880 was 13,003.
trolley road.
ORQANIZATION—Successor in January, 1898, to Lincoln Street Ry.,
foreclosed Dec. 17, 1897, and reorganized per plan in V. 65, p. 277.
Maturity.
Bonds— Miles. Dale, interest. Outstand'g.
Stock
Com. stock, par $100
$ 65,00()
POPDLATION 1890 WAS 55,154; and
LINCOLN TRACTION-A
1898.
$188,080
$98,643
26,483
$137,279
50,801
$276,496
Bay
Nel.
.
1897.
$167,784
54,912
53,800
Total
All charges
LIMA, OHIO.
Gross.
30.— 1898.
67, p. SOI.
Population 1890 was 15,981;
€2,
net, $133.
Stock, $1,500,000($100)
1st mort., gold, $1,000,- >
Population 1890 was 1,003;
Owns
;
Maturity.
. .
of
Earnings— Sept. 29, 1897 to June 30, 1898. gross, $9,918
In 1896-97, gross, $17,288; net, $2.693.— V. 65, p. 685.
Apr. 1, 1906
to Apr. 1,'15
Apr. 1,1916
Junel.1949
"i899 5g.J-D^, (0
Co., Baltimore, trustee.
^ Continental Trust
Interest on mortgage ot 1891 of the Passenger .& Belt ia payable at
Bank, the mortgage trustee,
•office of the American Trust & Savings
Chicago, lU.; on second mortgage at the Security Trust & Safety Vault
N6''.'fr$lTo(foJ)'o.
gold ($1 ,000) . .0*
49
494
$125,620
110,878
$14,742
Surplus for year
Officers- President, G. B. M. Harvey Treasurer, A. C. Twining,
32NassauSt N.Y. City; Superintendent, 8. P.Hazelrigg.—V. 65. p.SBT.
;
,
ATLANTIC HIOHLANDS RED BANK &
road.
LONO BRANCH ELECTRIC RY.-A
trolley
Receiver— James E. Degnan is receiver.— V. 66, p 1043.
interest. Outstand'g. Maturity,
Dale,
Stock & Bonds—
$45,750 pd. in
398,000 July 1,1945
Tru8tCo.,Bklyn, trustee.
Reorganization Committee— a committee, of which Silas B.
Dutcher is Chairman, will submit a plan and effect a reorganization.
Depositary, Continental Trust Co. of New York.— V. 67, p. 1054.
November, 1899, was reported still in the hands of receiver and likely
to be for some time.
Road Red Bank to Long Branch, 6I3 miles, and 2d track, 2^2 miles;
in Long Branch, 3 miles; in Red Bank, Ha miles; total owned, 13ifl
miles; trackage between Red Bank and Belford (N. J. S. RR.), 5
mUes; total operated, I8I2 miles.
Stock *4 14,900 ($100)
i=t^«,.t it>oou,uuo, n.
ist morr., *=;nnnnr> g
« 5 1895 5 g. J-J
''^int. at Hamilton
—
&
."Sp. c.
700,000
Preferred cumulative
1919
l8t mort. gold, $1 ,000; ) ....1897
5p.c.
100,000
Trustee, N. Y. Security & Trust Co.
$100,000 auth
5
For year 1898, gross, $113,305. In 1897, gross $95,901; net, $6,566.
Road— Owns about 40 miles of track. In Oct., 1898, an extension to
Havelock, 2^9 miles, was completed.
Officers— (Jan 1899) President, M. L. Scudder Vice-President,
Wm. Belcher; Secretary and Treasurer, F. H. Carter.— V. 66, p. 82,
134, 336
:
,
;
LITTLE ROCK, ARK.
in 1880 was 13.138.
LITTLE ROCK TRACTION & ELECTRICPopulation 1890 was 25.874;
ORQANIZATION— Incorporated 1895; controls all street rail ways in city.
&
Date, interest. Outstand'g,
Maturiiti.
Bonds—
Stock
Stock, $500,000: par $100
$500,000
iBt mort.bonds,$4.50,000,g. < 1895 6 g. J-D
400,000 June 1, 1915
(see text), $1,000 each. c* \ Interest at St. Louis Trust Co., trustee.
2dM.,$300,000,g.($l,000) < 1895 6 g. J-D
:{00,000 June 1, 1915
red. after 5 years at 104 \ Old Colony Trust, Boston, trustee.
Firsts, No8. 1 to 300, redeemable after 10 years from their date at
par, but redeemable before 10 years at 102; balance are 20-year
straight. Road Operates 20 miles of track.
Officers— President, A. N. Johnson; Secretary, Q. B. Rose; Treasarer. Charles F. Penzel, all of Little Rock, Ark. Index -V. 60, p. 1009.
—
LOCK HAVEN,
Population 1890 was 7,358;
in
PA.
1880 was 5,845.
LOCK HAVEN TRACTION-A trolley road.
Organization— This company was organized in March, 1895, and
teased for 999 years the Lock Haven Electric Ry. Receivership— lu
September, 1897, William B. Given was appointed receiver in the
foreclosure suit under first mortgage.— V. 65, p. 685. In Oct., 1898,
receiver was authorized t» issue $3,500 certificates to build a short
exten8ion.
Maturity.
Miles. Date, interest. Oulstand'f/.
Bonds—
Stock
&
Stock $300,000
l«t M «l=iOnoo
X8i j»i., ^i.Du.uoo
$300,000
150,000 Apr. 1, 1920
J Trustee, West End Tr. & Safe Dep. Co., Phila.
June 30, 1893, accounts payable were $27,079.
Road— Six
i
miles track.
1895
6
A-O
LONG ISLAND
CITY, N. Y.
Population 1890 was 30,506; in 1880 was 17,129;
AND IN 1870 was 3.867.
FLUSHINa& SOUTH SHORE
RR.-TobetroUey.
Organization— Incorporated in 1898 to construct a standard gauge
road from Flushing to a point on the Long Island RR. between Fenhurst and Woodsburgh, Queens County, 15 miles. Stock, $150,000.
Long Island RR. Co. is understood to be interested.
NEW YORK
&
statement of this company
NORTH SHORE
will
RY.-The
be found under Brooklyn.
NEW" YORK & QUEENS COUNTY RY-Organization— Incorporated June 26, 1896. A consolidation of the
Long Island City street roads, including Steinway Ry., etc.— V. 63, p. 229
The Electric Illuminating & Power Company, said to supply practically all the electric lights used in Long Island City, was formerly
owned and operated, but in July, 1899, control was transferred to the
Electric Co. of America. The earnings are kept separate from the
street railway. To June 30, 1897, the N. Y. & Q. C. RR. Co. had invested $565,000 in the El. HI. & Power Co., this amount being included in
the .$1,078,750 of loans and bills payable then outstanding, but since
paid
off.
Stock
&
Bonds—
Date.
Stock, $2,.500,000 ($100)
Flush. AColl.Pt.lstM...
1895
1894
SteinwayRy. Ist M., gold) 1892
Newtown
$1 ,000
Ry.
l.st
M
c*
J
Outstand'g.
interest.
5
5
J&D
J&D
Maturity.
$2,200,000
.50,000
1.50,000
1925
Dec, 1924
1,500,000 July 1,1922
J
Trust Co., trustee, N. Y. City.
1946
1,200.000
4g. A-O
6g. J -
Int. at State
Yol,ta"o?aci"*.''-.1 1896
Under the Now York &, Queens County mortgage there were originally $2,500,0C0 bonds outstanding, but the company having defaulted
In the payment of interest, a readjustment was made, under which the
holders surrendered $1,300,000, leaving the present 1,200,000 outstanding, and Interest was reduced to 4 per cent. -V. 69, p. 906.
Road— The sjstem embraces ai)out 65 miles of trolley track, including main line, 3458 miles second truck, 2()'8 sidings, 414.
;
;
2
StilEiEt
50
Latest Earnings.— 3 mos. ending Sept.
3 months.
Earnings— For year 1897 gross earuinga were $81,752. From
30, 1899:
Int., taxes,
Bal.,
etc.
def.
Oth.inc.
Net.
Gross.
RAILWAYS,
32,804
64,193
1,433
142,890
77,006
7,307
138.228
71,781
Report for llscal year ending June 30, 1899
1899
1898
45.635
14,895
:
Gross.
Xet.
Int.
Olh. inc.
<£
taxes. Bal., def.
$179,623
$3,850
254,844 df.152,190
28,807
157,672
Directors—President, W. H. Slielmerdlne. 421 Cliestnut St., Phila
delphia; Secretary and Treasurer, I. M. Tritt, 29 Broadway, New
York R. T. McCabe, W. K. Mathews, E. L. BusUe, Benjamin Orne, J.
R. Beetem, of New York; E. J. Matliews, of Philadelphia, and CD.
Simpson, of Scranton, Pa.— V. 67, p. 29, 7 35, 737; V. 68, p. 130; V. 69,
$422,545
408,949
1898-9
1897-8
;
130, 743, 852, 905, 906, 955.
p.
LORAIN,
1,595.
LORAIN & CLEVELAND RR.-See CTeveland.
road.
LORAIN STREET RAILAVAY-A trolleyMaturity.
Outstand'g.
Bate,
&
Bonds—
Par.
interest.
$200,000
$100
1898, gross, $99,640.
Latest Earnings-7 mos., 51899
Jan. 1 to July 31.
ir '
.189^
200,000 Jan. 1, 1915
1,000 1894
6 J-J
Interest at Guardian Trust Co., Cleveland, the mortgage trustee.
Road— Owns road 1011 miles in length, extending through the city
of Lorain to Elyria; total track, 10-66 miles. Of the track 7-8 miles is
on private right of way (land owned in fee simple); rails, 70- lb. T.
Earnings— For year ending Dec. 31, 1898, gross. $64,476; net,
$33,601. In 1897, gross, $48,635; net, $21,962.
Officers— Pre8.,F. M. Haines.
PASADENA & MOUNT LOWE RAIL^WAY-
and electric railway known as the Mount Lowe
Built by Prof. T. 8. C. Lowe. Located on the mountains above^
Pasadena. Is successor to tlie Pasadena & Mount Wilson, sold at
foreclosure for $190,000 In March. 1899.
Operates 7 miles fromAltadena to Mt. Lowe Springs. Valentine Peyton of Danville, 111.,,
principal owner and PresiJent— V. 68, p. 673.
road.
SAN GABRIEL VALLEY TRACTION
obtained from Los Angeles to South Pasadena and applications were
pending for f rancliises from South Paeadenato and through Pasadena.
Stock authorized, $1,000,000; issued, $22,000; no bonds. In November, 1899, nothing had been done on the road as yet.
Directors— President, Walter S.Maxwell; Sec. and Treas'r, S. P.
Anderson; Jas. S. Graham, Bradner W. Lee and Albert Hadley.
TEMPLE STREET CABLE RY—A steam road.
Organization— Chartered Oct. 31, 1885. Operates 4% miles of track.
Rails 38-lb. girder. Stock, $400,000; IstM. gold 6s, dated 1896, $100.000 interest in default. Receiver, E. T. Wright; Pres., E. E. Lefebvre.
;
LOUISVILLE, KY.
;
LOUISVILLE
LOS ANOELES RAIL^VAY-
OrQanization— Successor by consolidation Sept. 29, 1898, of Los
Angeles Ry. and Main St. & Agricultural Park RR. and by purchase of
the Mateo St. RR. and San Pedro St. RR. V. 68, p. 85. Population in
1897 estimated at 115,000.
In 1899 acquired control of the Los Angeles & Pasadena Electric
Railway, receiving the stock of the road in consideration of the guaranty of thehonds.
&
Dale, interest. Outstand'g. Maturity.
Bonds—
Stock
$5,000,000
Stock, $.'^,000,000 (par, $100)
New mort., $5,000,000 gold<189H 5g. A-0 3,997,000 Oct. 1, 1938
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 he made
of San Francisco, Cal.
payable at the National City Bank, New York.
Earnings—Year 1898, gross, $756,2C 8; net, $266,613. Year 1897,
gross, $681,325; net, $227,696 charges, $41,704; balance, surplus,
$185,992. Year 1896, gross, $693,480.
Road— About 90 miles of road.
Officers— President, H. E. Huntington; Vice-President, Ch. de
Gulgne; Treasurer, I. W. Hellman; Secretary, J. T. Burke.Wells, Fargo
Co. Building, San Francisco.
Index— V. 67, p. 634, 789. V. 68, p. 85.
;
&
;
LOS ANGELES & PASADENA ELECTRIC RY.—
Organization— Road extends Los Angeles to Pasadena and Pasadena to Altadena, embracing all local lines in Pasadena. All the
stock is owned by the Los Angeles Ry., which has guaranteed the
bonds below.
Com. stock
Bonds—
Bate,
sh.),
(.$100
interest.
Outstand'g.
Maturity.
rqq Ann
De8,4uu
<
$1,000,000
X
750,000 Jan. 1, 1928
5 g., J. & J.
1.1 „„„^ ai nnn
C 1898
''
I°t- »* IlL Tr. & Sav. Bk., Chic, trusee,
\
^nln ^cl'^n^n^ni*
000. $1,000, c
^ or Chase Nat. Bk., N. Y.
•K,
,.
'
Sink. fd. of $10,500 per year begins Dec, 1, 1908,
called at 105 any coupon day alter Jan. 1, 1908.
electricity
of track, of
and 2-34 by horses.— V.
Stock
&
Bonds.—
Com. stock ($100
Date.
interest.
A.-O.
2.^
5
sh.)
Outstand'g Last div., <tc.
$3,500,000 Apr.1,'98 1>4%
2,500,000 Oct.l,'99,2i2%
609,000 July 1, 1909'
Trust CO., Louisville, Ky.
108.000 Nov. 1, 1902
292,000 Nov. 1,1908
Pref stock 5 p. c cum
A.-O.
Louisv. City Ry. M... s 1884
6 g. J. -J.
do
do M., gold ( Trustee, LouisvUle
Central Pass. Ry.M... 1882
M.-N.
6
6
M.-N.
lu..
Central Pass. Ry. M. 51888
^ interest payable at First Nat. Bank. Louisville.
.
^e"oTd^^$6^000 000 X 1890
4.992.000 July 1, 1930
5 g. J. - J.
.0* S ^^**'"^«»* payable by Seligman & Co., N. Y.
n; y!)
Stock. -In June, 1897, $500,000 of common (leaving $3,500,000) waa
converted into preferred, making $2,500,000 preferred, on payment ot
$50 per share to be used for improvements.
Dividends— On preferred 5 p. c per annum. On common—lu 1896,
213 p. c; in 1897, 2^ p. c; in 1898, Apr., 1^4 p. c; the Oct., 1898, and
April. 1899, dividends were passed, owing to tax suit.- V. 67, p. 690.
Road— Owns 145 miles of track on 83 miles of street, of which (May,
1899). 13 i electric and 10 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 years ending Deo. 31. Annual meeting
Feb. 19. Report for 1898 was given in V. 68, p. 376.
1898.
Tear.
1897.
Year.
1898.
1897.
Gross earn.. $1,297.3^4 $1,238,041 Taxes
$119,406 $81,699.'
(listed
I
|
Net
607,115 Dividends
146,875 203,125
310,361 Bal., surplus..
2,400
11,930
Officers— President, T. J. Mlnary; Secretary and Treasurer, Sam'l
G. Boyle.— V. 64, p. 466, 1181. 1125; V. 66, p. 519.857; V. 67, p.
Interest pd.
578,821
310,140
I
|
690; V. 68, p. 376.
and bonds may be
Guaranty of Los
LYNCHBURG, VA.
Population 1890 was 19,709 in I88O was 15,959
and in 1870 WAS 6,825.
;
which 33 -dS are operated by
68, p. 85.
LOS ANGELES PACIFIC
RR.— An
electric,
steam
and horse road.
Organization— Formed in 1898 by consolidation of Pasadena &
Pacific RK. companies of Arizona and California, the Los Angeles
Pacific Ry. of Arizona and California, etc
Dale,
interest. Outstand'g. Maturity.
Stock & Bonds—
J-D
$1,000,000
Stock, $1,000,000; par, $100
1898
5
1928
(1)
New mortgage
Bonds Of the new bonds of 1898. $750,000 to be used to retire Pasa
dena & Pacific Ry bonds, dollar for dollar; remainder for impiovements, extensions and new equipment.
Road— Owns two lines of trolley road from Los Angeles to Santa
Monica, the entire local system of Santa Monica, with branch lines to
Hollywood. Laurel canyon, Santa Monica canyon. Soldiers}' Home and
Elysian Park, constituting about 71 miles of railway, of which 54 miles
electric. 10 miles steam and 7 miles hor.se 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.
Organization, Etc. — Chartered in 1895, franchise runs until 1944.
Capital stock is $250,000. First mortKage secures $250,000 gold bonds,
$1,000 each, dated 1895. due May. 1915; interest 6 p. c. M. & N., payable at Chase National Bank, New York; Union Trust Co. of St. Louis,
mortgage trustee.
Road— In February. 1899, 26 miles of track laid with 60-lb. rail and
operated.
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. In Oct., 1898, additions to power
plant, reported to cost $80,000. were completed; total cost, $200,000.
Angeles Railway endorsed on bonds.
Road— Owns 3580 miles
CO.-
Population 1890 was 161,129; in 1880 was 123,758;
IN 1870 was 100,753 and in 1899, estimated, 235,000.
Population 1890 was 50,395; in 1880 was 11,183;
AND IN 1870 was 5.728.
&
Gross, $92,771; net, $20,344
Gross, 58,210; net. 16.456-
—A combination cable
LOS ANGELES, CAL.
Stock
Jan..
1,
lO. '98. Road projected from Los Angeles to Pasadena, with branches to Alhambra. Sierra Madre, Monrovia and Duarte. in all 22 miles. In June, 1898, franchises had been
O.
;
Stock
Dec.
To be a trolley road.
Organization— Incorp. March
Population 1890 was 4,863 in 1880 was
(In 1895 ESTIMATED AT 10,480.)
Stock $200,000....
1st M., $200,000...
1 to
LYNCHBURG ELECTRIC
Successor
RY. & LIGHT.
in Aug., 1898, to Lynchburg Eleo. Co.,
sold under foreclosure on Feb. 28, 1898. The company was granted
an extension of its charter for 30 years from Jan. 19, 1899. In Oct.,
Organization—
new
franchises were granted. Stock authorized $250,000— all
Bonds, $150,000 1st mortgage 6s, gold, dated 1898, due 1941,
all issued. State Trust Co., Trustee.
Earnings— 9 mos. to Oct. 1, 1899; gross, $24,276; operating expenses, $22,740; net, $1,536; deficiency, 1898. $1,259.
Road— Operates b'^ miles of track on 2'8 miles of street. In Nov.,
1899. was building new power station at cost of $50,000; also had
added 12 new cars.
Officers— President, R. A. C. Smith, 100 Broadway, New York D.
D. MaUory, lOO Broadway, New York.— V. 67, p. 274.
1898,
issued.
LYNCHBURG
&
RAILWAY.
Stock and Bonds—
RIVERMONT STREET
Miles. Bale.
Interest.
Outstand'g.
Maturiiy.
Abt.$75,000
stock
M., $119,500, gold.; ... 1898 5g. J-D
$119,-500 June 30,'3
($500 and $1,000 each) Interest at Nat. Ex. Bank, Lynchburg. Va.
s. f.. *1. 000 yearly
Mortgages cover the combined railway and electric light plant.
Road— Operates 6^2 miles of track (including new extension completed May 1. 1899). on 3 miles of streets. Owns 8 open motor cars
Lst
'
'
and 8 dosed motor cars.
Officers -Pres't and Gen'l Mgr., H. P.Woodson; Vice-Pres't. C. V.
Winfree; Sec'y and Treas., Jas. T. Bowman; Supt.. A. E. Anderson,
all of
Lynchburg.
STREET EAILWAYS.
MACON, GA.
Population 1890 was 22,746 in 1880 was 12,749
AND IN 1870 WAS 10.810.
;
STREET
MACON CONSOLIDATED Outstaiurg,
StoCK AND Bonds-
interest.
r>atc.
Maturity.
$500,000
See text.
1895
Istmortgage
Ref.M,$350.000,g9ld,^ ;^g99 5 g m.-S.
Mar.1,1929
341,000
($1 OOOeaclD.subj.to ^ qj^ Colony Trust Co., Boston, Trustee.
call aft. Mar. 1,1904.0* )
Bonds— Of the refunding 5s, $345,000 were reserved to retire an
equal amount of Ists of 1895, and the remaining $5,000 were to be
Issued as soon as all the Ists had been thus exchanged.
Road— lu 1898 was operating 2013 miles of trolley track laid with
from 30 lb. to 48-lb. T rails.
Earnings— For year ending Dec. 31, 1898, gross, $78,764; net, $28,«76; interest and taxes, $24,723; balance, surplus for year, $3,353.
President, Phillips. Saltonstall; Secretary, D. K. Snow; Treasurer,
S. Reed Anthony. Office, 53 State St., Boston, .Mass.— V. 68, p. 872.
MACON ELECTRIC LIGHT && RAILWAY.
Macon Indian Spring
Name
Elecoriginally
Organization, Etc.—
ity., changed in 1898. Owns 7 miles of track, 9 motorcars and
tric St.
5 trail oars. Capital stock authorized and issued, $100,000. Bonds,
$100,000, which have all been issued. In May, 1898, purchased at foreclosure sale for $40,000 electric-light plant of Macon Gas Light &
Water Co., and In Nov., 1899, was constructing now power house.
Owns 7,000 light alternator, 385 arc-light dynamos, 462 k. w. gen-
ohasing Agent, T.
power
President, Gen.
-V. 66, p. 1089.
plant.
J. Carling.
MADISON,
Population
IN 1880
Manager and Pur-
WAS
)
&
&
IND.
AND
Int. at
WAS
IN 1870
1,658.
CITY
MARION Anderson, RAILV/AY— See Union Traction Co.
Ind.
of Indiana
under
MARION, OHIO.
$75,000
140,000 Feb. 15, 1918
8^2
<,
LICHT
RY.
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.
interest. Oulstand'g. Maturity.
Date.
Bonds—
Stock
$125,000
Stock, $400,000
125,000 Apr., 1911
6 A-O
1st mort., $125,000 ($100 < 1891
<Tnt. at office, Rush Taggart, N. Y., Tr.
and $500)
In April, 1898, stock was increased from $125,000 to $400,000.
Road— Owns 9 miles of track. Extension proposed to Shelby, 3 miles.
President, S. N. Ford; Stcretary, Reid Carpenter.
MARION,
1898 5 g F-A
Savings & Trust Co., Cleveland, Ohio.
Road— Owns 8^2 miles of standard gauge track, of which 6^4 miles in
«ity limits and 2^4 extend to Elmside, Schuetzen Park and Cemetery.
Officers.— President, F. W. Oakley, Madison; H. R. Newoomb, Secc*
CITIZENS' ELECTRIC
P O ^^^ E R CO. —A trolley road.
Population 1890 was 8,769 in 1880 was 3,182;
MADISON ELECTRIC RAILM^AY—
$500
MANSFIELD, OHIO.
Population 1890 was 13,473; in 1880 was 9,859;
AND in 1870 WAS 8.029.
was
AtroUeyroad.
Organization—A reorganization in Feb., 1898, of the Madison City
Railway foreclosed in December, 1897
Stock & Bonds— Miles. Bate, interest. Oiitslaiiding. Maturity.
Stock, $75,000
Ist M. $150,000 gold
;
^VIS.
18,884; in 1890 was 13,429;
10,324; AND IN 1870 WAS 9,176.
in 1896
Bonds—Mortgage provides that $4,000 must be drawn by lot at
105yearly Jan. 1, 1904, and after, but all firsts are subject to call at
105 on and after 1903. Bonds offered for sale in February, 1898.
Road— Nov., 1899, operated 14 miles of track; 30 cars brick boiler
house; three large engines and generators; iron car house. Rails, 45 lb.
T. The line extends from Manistee to Filer City, East Lake and
Including park on shore of Lake
Stronach, Oak Hill and Parkdale.
Michigan, theatre, restaurant house, station, bath rooms, pavilions,
&c., over $100,000 has been spent for improvements in 1899.
Earnings- For year ending Dec. 31, 1898, gross, $38,635; net,
$16,893. In 1897, gross, $36,159 net, $15,250.
Officers—President, Treasurer and Purchasing Agent, G. A. Hart;
Vice-President. R. R. Blacker; Secretary, George W. Swigart.
;
RR.-
etook, $500,000
erator, 1.000 h. p.
51
Population 1890 was 8,327; in 1880 was 3,899
AND in 1870 WAS 2.531.
MARION STREET RAILA^AY-
Organization, Etc.— stock, $100,000. Operates 4 miles of track.
Officers—President and Treasurer, E. Durfee.
retary and Treasurer, Cleveland, O.
MAHANOY
MARLBOROUGH
CITY, PA.
in 1880 was 7,181;
5.533.
trolley road.
Organization— Chartered January, 1893. Charter is perpetual.
De/aiti<.— Proposition for reducing rate of interest on bonds to 4 per
Population 1890 was 11.286;
AND in 1870 WAS
LAKESIDE RAILAVAY-A
been accepted by nearly
<3ent has
Stock
&
Bonds—
Date.
all
the bondholders.
Outstanding.
$2,50,000
Interest,
Stock (par $50)
^
Maturity.
Nov. 1,1923
1893 6 g. M-N
200,000
In default since May, 1898. Equitable Trust
Philadelphia, trustee.
Co.,
Road Has completed and in operation 5ia miles of road, connecting
Mahanoy City with Shenandoah. Projected to extend to Delano and
Lakeside or East Mahanoy Junction.
Earnings— Gross receipts about $27,000 annually.
Dallas Sanders, President, Drexel Building, Philadelphia. V. 66, p.
760; V. 67, p. 371.
Ist M., $250,000, gold
$100, $500, $1,000.. . .
5
\
—
MANCHESTER,
N. H.
RY.-A trolley road.
Oulstand'g.
Last div'nd.
$170,000
1895 5g.J-J
250,000
Interest at Boston, Mass.
1898-9,8%
Date.
Interest,
Text.
(
Jan. 1, 1915
red. after Jan. 1, 1905.. \
Road— In Nov. 1899, owned 20^ miles track, standard, of which
419 miles second track and 1 mile sidings, etc. Rails 70 and 90-lb. T.
Dividends—In 1894-5, .$2,500; in 1895-6, $3,958; in 1896-7, $11,417.
In July, 1897, $6,000; in 1898, none; in 1899, July 25, 8%.
Net.
I7U.<6 taxes. Dividends.
Qross.
Balance.
Earnings
—
$13,600
$4,616
16,568
6,000
3,069
14,752 (9%) 11,417
sur. 359
14,968
.57,331
(10%)3,958 8ur.$38,405
Officers— President, William A. Tucker; Treasurer, P. L. Saltonstall;
General Manager, E. P. Shaw, Jr.-V. 60, p. 259; V. 66, p. 900; V. 68,
p. 773; V. 69, p. 229.
$162,149
1897-98... 158,885
1896-97... 145,836
1895-96... 139,266
l>!98-99...
$35,516
19,499
26,52«
In Nov., 1899,
$17,300
MANISTEE^ MICH.
Population 1894 was 13,419 in 1890 was 12.812;
and in 1880 was 6.930.
;
MANISTEE FILER CITY & EAST LAKE
RAILV/AY-A trolley road.
Stock
&
Bonds—
Date,
8,474.
it
Union Street Railway of
secured by ihe projected Boston & Worcester Electric Street Railway.
Organization-Incorporated March 27, 1888. The Framingham
&
Southboro
operated.
S"rocK
Marlboro Ry., 6 miles, completed in August, 1898,
is
—
&
interest. Oulstand'g.
Date.
Maturity.
Bonds
See text
$80,000
4% in 1 895-6
Stock $80,000 (par $100)
6 J -J
80,000
July 2, 1914
Istmortgagesink. fund.. ( 1894
Sub.tocallatparafterSys. { Interest at Intern'l Trust, trustee, Boston.
Current liabilities Sept. 30, 1898, $46,342.
Dividend—In 1894-95, 2 p. c; in 1895-96, 4 p. c; in 1896-7 and 1897-8,
none.
Road—Operates 7*37 miles of main track and -57 mile of sidings, etc.
1897-8.
Earnings—
1896-7.
1897-8.
I
1896-7.
None.
None.
Gross earnings.. $39, 878 $34,766 Dividends
Net
5,976
8,431 Bal. for year, sur. $2,166 $1,387
Int'st. taxes, etc.
8,142
7,044 Tot. sur. Sep. 30
4.422
Officers— (January, 1899,) President, S. Reed Anthony; Treasurer,
Philip L.Saltonstali, 53 State Street, Boston; Superintendent and Purchasing Agent, H. E. Bradford; Clerk of Corporation, Fred. L. Olaflin.
—V.
69, p. 955.
MARSHALLTOV/N,
at over 16,000.
interest. Oulstand'g.
Maturity.
$150,000
Jan. 1, 1918
1898 6 g. J-J 150,000
Int. at Metropolitan Tru.st, New York,
Trustee.
lA.
Population 1890 was 8,914; in 1880 was 6,240;
AND
IN 1870
WAS
3,218.
MARSHALLTOWN LIGHT POWER
Exclusive
1917. Runs
& RY.
Organization-
rights till
electrical lighting
and gas plant and electric railway.
Date.
interest.
OHlstand'y.
Maturity.
Stock <fc Bonds
Stock ($500,000) ($100)
$250,000f.p
1st mortgage ($150,000) ) 1893
6g. J-J
125,000
July 1, 1913
gojd ($1.000)
c.*5Int. at 111. Tr. & Sav. Bk., Chicago, trustee.
1896-7. 1895-6.
1896-7. 1895-6.
Earnings—
From passengers. $12,507 $12,873 Net (over taxes).. $17,167 $16,552
Other sources
27,752 26,760 Interest
7,500
7,500
—
1
|
.
Total gross
$40,259 $39,633 Bal., surplus
$9,667 $9,052
Road—Trolley track, 3^2 m. President, C. D Jones of Indepen
dence, la,; Secretary, S, B.Hovey of Independence, la.; Treasurer, M.
I
la.
MASON
IOWA.
was
CLEAR LAKE TRACTION
Operated
CITY,
Population 1890 was
MASON CITY &
CO.— Organization,
was estimated
Stock
Ist mortgage,$200,000,g.c* i
($500 each) red. after,1903 at 105
>
was
RY.-Trolley.
that control of this road and also of the
Framingham and some other roads had been
W. Hovey, Marshalltown,
In 1899 the population
10,127; in 1870
|
the stock of ihe Manchester Street Railway.
Stock —
was
1
Organization— Incorporated July 20, 1876, under perpetual charter.
Controls aU street roads in Manchester and West Manchester.
Control is held by the New England Electric Power Co., which owns
8tock,$250,000(pai$100)
IstM. bonds, g., $250,000
in 1880
MARLBOROUGH STREET
was reported
|
Population 1890 was 44.126; in 1880 was 32,630;
and in 1870 was 23.536.
MANCHESTER STREET
MASS.
Population in 1895 was 14,977; in 1890 was 13,805;
4,007; in 1880
2,510.
since July
Etc.— a trolley road.
1897. Owns right of way 33 feet wide from Mason City to Clear Lake,
9 miles. Length of lino within and between two cities, 17-6 miles,
Stock, $200,000. Bonds, $100,000 Ist gold Os, J. -J. 15, interest at
Illinois Trust & Savings Bank, Chicago, Trustee. Sinking fund retires
$3,000 yearly at 103, beginning Jan. 15, 1905. Handles all freight
—
:
STREET RAILWAYS.
52
MIDDLETO^VN, CONN.
oomin^ over Iowa Central Ry. between Mason City & Clear Lake,
revenue therefrom In 1897-8 being nearly $10,000. Year ending June
30, 1898, gross, $49,802; net. after paying bond interest, $29,945.
Population
MEMPHIS STREET RAIL^VAY CO.consolidated with
the Clti
OrQanization— Chartered in 1895 and
End Street, City & Suburban and Memphis & Raleigh
zens' St., East
lines;
franchise runs
J/^'^es-
till
1945.
Date,
Otdstand'g.
$.500,000
interest.
St'k$500,000($100)
6,826;
Serves'
population of about 20,000.
Organization— In Jan., 1898, consolidated with the Portland St. Ry.
Stock, par, $25... issued, $135,000
Earnings of old Mlddletown St.
1st M., $150,000, gold, 5
Ry.— For ending June 30, 1899,
guar, J-D
145,000 grof98, $40,511; net, $11,129; in(Dated 1894. Due 1915.)
terest and taxes, $9,360. In year
1897 gross, $21,618.
Road- Owns 9*920 miles of tracks.
Officers— President, Israel A. Kelsey; Vice-Pres't, Abel C. Allison;.
Secretary ana Treasurer, J. K. Guy. Index— V. 62, p. 85.
POPOLATION 1890 WAS 64,495; IN 1880 was 33,592;
AND IN 1870 WAS 40.226.
Stock & Bonds—
was
MIDDLETO^VN STREET RY.-A trolley road.
MEMPHIS, TENN.
Springs
in 1890 was 9,013; in 1880
AND IN 1870 was 6,923.
Maturity.
995.000 Jan. 1, 1916
1887 6 g. J-J
RR. 1st M. ) 40
($1,000), gold..c* s Int. atU. S. Nat. Bk. of N. Y. and Memphis, Tenn.
In Feb., 1899, company reported that $165,000 City & Suburban
and East End bonds had been paid, but in May 1899 no new secur-
Citz. St.
had been issued.
Road— In May, 1899, operated 70 miles
MIDDLETOV/N,
Population 1890 was 11,977;
and in 1870 was
ities
urbs.
Rails 70 to 90 lb. T and Johnson.
Officers— Vice-President, General
Jones; Secretary and Ti-easurer, R. L.
of track in
Memphis and sub-
N. Y.
in 1880
6,049.
was
8,494;
MIDDLETO^WN-GOSHEN ELECTRIC RY.
Oct., 1899, was incorporated as successor by
purchase at foreclosure of the Middletown-Goshen Traction.
The
property was bought subject to the two old mortgages enumerated
Organization— In
Man'r and Purch. Agent,
Benson.- V. 67, p. 371.
F. G.
below.
Stock
MENOMINEE, MICH.
1880 WAS
MENOMINEE ELECTRIC LIOHT
POPULATION 1890 WAS 10,633. AND
IN
AVAY & PO\VER.
&
Bonds—
Date,
interest.
Stock, $100,000
RAIL-
—
Organization chartered July31,1891. Capital stock Issued and
paid in $110,000; par, $100. First mortgage 6s of 1893, $27,500;
due $3,000 yearly; interest J&J at First National Bank of Menominee. Owns 6 7-10 miles of track.
Earnings— For year ending April 30, 1899:
$18,030 Operating expenses
^$25,195
Gross Street Railway
23,483 Interest, ineur. and taxes.
4,246
Gross Electric Light
I
|
Maturity.
m
OldCo's.l8tmort.^$200,000, > , qq . «„ j t
t„t.
a
Jan. 1 i
1, 1919
6g. J-J
gold. $1,000. s.r........cM
Mlddlet'n-BlOOmb'g 1st M. ) -.on- <- t\t * xt
rrc^ nnr,
i.r
1
if^ork
75,000 May 1, 1920
gold ($1,000)$200,000 s.f. f l^^^" 6M.&N.
Road—Operates 13 miles of track extending from Middletown,
N. Y., to Midway Park, Goshen and Bloomingburg, including switches,
turnouts, etc. Rails 65-lb. T except ^ mile only of 80 lb. girder.
Yearly Earnings- Fiscalyear ends June 30. Report for 1897-98
was in V. 67, p. 480. Earnings have been as follows
1897-8. 1896-7.
1897-8. 1896-7.
Gross earnings... $46,620 $46,584 Interest
$16,500 $16,500
Net earnings
5.912
2,188 Taxes
1,622
1,545
Total net
5,912
3,513 Balance
df.12,210 df.14,532
Officers— Gen. Manager & Treaburer, W. B. Royce.- V. 67, p. 480,
1003; V. 69, p. 440, 852, 906.
^
3,288.
Outst'd'g.
$100,000
onn nnn
200,000
1
|
1
I
$1?,072
Total net earnings
Dividends— Eight semi-annual dividends have been paid to November, 1899, the first six at 2 per cent and the last two at 2^ per cent.
Officers.—President, A. Spies; Vice-President, S. M. Stephenson,
Secretary, Treasurer & General Manager, E. DanieU.
Population Estimated population in 1896 13,000
MERIDEN, CONN.
1880 was 15,540.
Population 1890 was 21,652;
ELECTRIC
MERIDENOrganized August RAILROAr>-Trolley.
1886. In November, 1895,
in
14,
Organization—
was obtained by the N. Y. N. H. & H. RR. Co.—V. 61, p. 794.
Stock & Bonds - Par. Date, interest. Outstanding. Maturity.
$100
$1,000,000
Stock, $1,000,000..
5 A-O
85,000 Oct. 1, 1911
Meriden Horse RR. ) 1,000 1891
MILFORD, CONN.
population in 1890 was 3,811
MILFORD STREET
;
in 188'>
was
3,347.
RY.-A trolley road.
Organized Dec. 12, 1896.
Authorized capital $350,000; issued,
$100,000. Road completed June 11, 189S. In June, 1899, was operating 13'8 miles of road, including sidings.
Earnings— For fiscal year ending June 30, 1899, gross , $26,930
net, $8,275.
control
1st mortgage
Meriden Horse RR.
Interest at Girard Life, etc., Co. of Philadelphia.
1894 5 g. J-J $415,000 Jan. 1, 1924
con.M.,g.,$500,000 5 Interest at Girard Life, Philadelphia.
Sept. 30, 1898, bills payable, $118,875.
Road— In Meriden, extending also to Wallingford, 1712 mUes In all.
\
>
Earnings—For year ending June 30, 1899, gross, $112,123; net,
$38,211 Interest and taxes, $30,570; balance, sur., $7,641. For year
ending Sept 30, 1898, gross, $106,531 net, $27,293 interest and
bal
deficit for year, $3,152.
In 1896-97, gross,
taxes, $30,445
$111,437; net, $21,539.
Officers— President, Col. N. H. Heft, New Haven; Secretary and
;
;
;
;
,
Treasurer, W. L. Squire,
New Haven.— V.
61, p. 704, 7^4
MILFORD, MASS.
Population in 1895 was 8,959; in 1890 was 8,780; in 1880
was 9,310; and in 1870 was 9.890.
Mi;^FORD 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 1898-9 reported to have made
arrangement with Milford Elec. Light & Power Co., by which operation of machinery of both systems are combined. The railway power
house, it was said, would be enlarged and new machinery installed.
Capital stock is $210,000 (par $100). First mortgage gold 58, int.
J-J. at Amer. Loan & Trust Co., Boston, dated 1898, due Jan. 1, 1918,
$165,000.
MERIDENSOUTHINaTON& COMPOUNCE
road.
TRAMWAY.-A
trolley
Organization, Etc.— Operation commenced about July, 1898. Operates 8 miles of track between Meriden and Southington. Extension
Road— Owns
2113 miles of track.
Sept. 30, 1898, gross, $83,471; net, $33,472;
interest, taxes, etc., $13,230. President, W. B. Ferguson; Treasurer,
G. A. Butman, Maiden, Mass.
Earnings— Year ending
of 5 miles proposed.
Stock
& Bonds—
Date.
Interest.
Com. sto'k (.$100) $300,000
M. g., $200,000 c* ($1,000)) 1898
Ontstand'g
$120,000'
100,000
(1)
Maturity.
July, 1928
5 g J-J
can be called at llOafter >
Optional at 110 and interest.
Aug. 15, 1903
) Int. at Col. Trust Co., N. Y., trustee.
The other $100,000 of 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.
Earnings— For fiscal year ending June 30, 1899, gross, $27,177
net, $10,215; interest, $5,000; dividends, $1,200; balance, surplus,
$4,015. Dividend of 1 per cent paid April, 1899.
President Francis Atwater; Sec, John A. Hurley, Meriden, Conn.
;
MICHIGAN CITY,
Population
LAKE
in 1890
was 10,776;
IND.
in 1880
CITIES ELECTRIC
was
7.366.
RY.-Trolley.
Splro was appointed receiver
Receivership— In Feb., 1898, I. I.
Interest due Feb. 1, 1898, only partly paid.'
Lighting Plant— Owns plant for commercial and public lighting,
pole line and wires covering entire city. Company has a 10-year contract with the city for lighting, from Aug. 1, 1894.
Date.
interest. Ontstand'g.
Maturity.
Bonds—
Stock
Common .stock, (par $100)
$200,000
&
Pref.,
non-cum., $100,000
50,000
6 g.F-A.
75,000 Feb. 1, 1923
Ist M., $300,000, g. ($500) ) 1893
(In default, see above)c* \ Metropolitan Tr. Co., N.Y., trustee.
Earnings— Including electric-light plant, gross for first six months
of 1899 was $3,820; for calendar year 1898 gross was $17,223; in 1897,
$15,683; in 1896, $12,399.
Road— Owns 6 miles of track.
Rail 72-lb.
T-— V.
66, p. 288.
MILFORD & HOPEDALE STREET RY.—Trolley.
Securities— Capital stock $60,000 (par $100), all owned by Milford
H. & F. St. Ry. On Sept. 30, 1898, loans and bills payable, $67,000; no
bonds. Owns 244 miles of track. In December, 1897, was consolidated with Milford Holliston
& Framingham
Railway.
MILLVILLE, N. J.
in 1890 was 10,002; and in 1880 was 7,660.
MILLVILLE TRACTION-A trolley road.
Population
Organization —This company owns the entire capital stock of the
Rapid Transit ($50,000) and operates In all 364 miles of track.
Mlllville
&
Date, interest.
Ontstand'g.
Maturity.
Stock
Bonds—
Stock, $175,000
$175,000
Ist mortgage. $400,000,) 1894 5g.F-A
88,000
1914
gold ($1,000 each)
c' S Interest at Land Title & Tr., Phila.. Trus.
"Other debts" Jan.1,'99
$25,424
Earnings- For year 1898 gross, $4,85l; deficit under operating,
$1,540. President, G. B. Langley; Sec. and Treas., D. C. Lewis.
MILWAUKEE,
WIS.
Population 1898 (local
408; in 1880
was
esti.mate), 280,000; 1890 was 204,.
115,702; and in 1870 was 71,440.
MIL^VAUKEE ELECTRIC RY & LIGHT.
Successor
of Milwaukee Street Railway Company,
Organizationsold in foreclosure Jan. 29, 1896, per plan in V. 60, p. 1009. Embraces all the street railway lines in Milwaukee.
Controlled
by the "North American Co." (See Miscellaneous Companies in Investors' SOPPLEMENT.) The Company besides its street railway system owns and operates electric-light and power works (costing $1,-
STREET RAILWAYS.
625,938) under franchises said to be exclusive; these Include all the
companies (with the single exception of one small plant),
among others the Edison Electric Illuminating Company, the Milwaukee Electric Light Company, the Badger Illuminating Co. and the
MlIwauKee Arc Light & Power Co. Was furnishing in April, 1899,
57,518 Incandescent lamps, about 1,244 h. p. in motors and 2,000 arc
lights. Owns the stock of the Milwaukee Light, Heat & Traction Co.
See its statement below.
The ordinance requiring the sale of tickets at less than five cents
was declared invalid and a permanent injunction restraining its enforcement was .served on July 1, 1898.—V. 60, p. 1089; V. 67, p
74, 126. In August, 1899, made proposition of settlement to the city,
offering a gradual reduction of fares to a 4-cent basis on conaitlon
of a ten-year extension of old franchises and the granting of some new
ones.— See V. 69, p. 385. In November, 18i>!), a modified plan was
submitted to the Milwaukee Common Council having the support of
the company and of a special committee of the Council. By the
terms of this plan the company is to sell six tickeis 'or twenty-tlve
cents, good only during commission hours until January 1, 1905, and
and the city is to have the right to
thereafter good during all hours
purchase the property Deo. 31, 1934. In return for these concessions
the franchises of the company are to be extended until Dee. 31, 1934.
V. 69, p. 1012.
electric light
;
—
& Bonds—
Common stock (par
Date,
Stock
$3,500,000
o Pinn nnn
^'^^^'^^^
1,000,000 Dec.
$100)
Pref. stock, $4,500,000, 6
Maturity
Outstand'g.
interest.
)
p.c.,non-cum.,par $100^
Milw. City RR. Ist mort., 5 1888 5g. J-D
1, 1908
41 m.,$l,000,000,gold.c* I Central Trust Co., N. Y. City, is trustee.
- J
$500,000 July 1, 1909
West Side Street Ry., 1st ^ 1889 5g. J
mort., covers 18 miles... I Int. is payable at Farmer's L. & Tr. Co.
Milw. El. Ry. & Light Co., < 1896 5g. F- A .$6,500,000 Fel). 1, 1926
consol.M.$8,000,000,g.c* I Trustee, Central Trust Co., New York.
Interest payable at company's oflice, 30 Broad Street, N. Y.
Bonds—New consols of 1896 for $1,500,000 are reserved for prior
bonds still outstanding and $1,000,000 pref. stock is issuable for im-
provements and extensions.
track Dec. 31, 1898, was 141 miles— all trolley.
Earnings -For 3 months ending Mar. 31, 1899, gross, $452,183
net, $203,159. Same 3 months of 1898, gross, $395,841; net. $167,714.
For 12 months ending Dec. 31, 1898, gross, $1,787,594 and net $780,911, the latter an increase of $106,800.
Road—Total
Annual Report— Fiscal year ends Dec. 31.
North American Co. in V. 66, p. 1186.
Tear—
See report of the
Llghting,eto
1897.
$1,374,118
288,008
1896.
$1,211,093
261,658
1895.
$1,315,963
231,074
Gross earnings... $1,787,594
1,006,683
$1,662,126
988,015
$1,472,751
1,012,645
$1,547,037
958,541
$460,106
$588,496
1898.
Gross railway
Operafg expens.
Net earnings
$780,911
$674,111
Officers— President, W. N. Cromwell.
Vice-President, Henry
C. Payne, Milwaukee, Wis.; Secretary, C. A. Spotford, New York;
Treasurer, Edward Edes; Purchasing Agent, W. C. Vanden Berg.
New York ofBce, 30 Broad St., N. Y. City.—V. 67, p. 74, 126; V. 68,
p. 619, 872; V. 69, p. 24, 385, 1011.
Companies Controlled by Milwaukee Electric Itallway
&
Lilgbt Co.
MILWAUKEE LIGHT HEAT & TRACTION COMPANY.— IncorThe capital stock ($500,000) is all owned
by the Milwaukee Electric Railway & Light Co.
The Traction Company owns and operates the following properties-
porated 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
Electric Railway Co., Waukesha Electric Rallwav Co., operating between Milwaukee, Waukesha and Waukesha Beach.
Milwaukee Racine & Kenosha Electric Ry. Co., operating between
Milwaukee, Racine and Kenosha.
Belle «j;ity Electric Railway Co.. operating in Racine and connecting
with the Milwaukee Racine & Kenosha line.
Total mileage, 74 miles.
Stock &
Common
Bonds—
Date.
Interest.
stock.)
$500,000
M. g. guar.$5,000,000
Maturity.
(c^nn nnn
$500,000
\
>
Outstanding.
1899
5
M.
-
N.
1.500,000
May
($1,000)
c* ^ City Trust Co., N. Y., trustee.
Interest at Co.'s office, 30 Broad St., N.Y.
The bonds are guaranteed by the Milwaukee Electric
1,
1929
Railway
&
Light Company. The Milwaukee Racine & Kenosha has $300,000 of
Ist mort. gold 6s (MAS) outstanding, maturing Mar. 1, 1928, and the
Belle City Electric recently had $250,000 mortgage Ss out.
Officers and Directors— Same as The Milwaukee Electric Rail-
way &
Light Company.
General office, 451 Broadway, Milwaukee, Wis.
30 Broad Street.— V. 68, p. 619, 872
New York
office.
Stock
Twin
&
Citii
53
Bonds—
Rap. Tran.
Date.
—
Common .<tock,.$17,-
*, -
000,000; par, $100 5
Preferred stck, cum >
$3 000,000 ($100) 5
Uinn. St. My. Co.
nin nnn
!M&,oiO,O0O
ans.
'-^•'^
-,
7
Q. - J.
Population of Minneapolis and St. Paul combined in 1890 was
297,894; in 1880 wa.s 88,360; and in 1870 was 33,096.
Cable and electric
CITY
TWIN
RAPID TRANSIT-
road.
Organization—The company was organized under the laws of the
State 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. The combined
population of St. Paul and MinneapoUs In 1895 was said »o be 400,000.
Also owns the entire capital stock of the Minneapolis & St. Paul
Suburban Ry. (organized June 1, 1899), which it operates as part of
its system.
See statement of the latter under St. Paul.
2,700,000
Maturity.
Aug., '99, 1%.
Oct.
,
—
^ye^rly."''"^'^''*^^^ '^880
2d mort!, gold... c\fcr 1883
7 g M.
6 g M.
290,000 Nov.
600,000 Nov.
- N,
- N,
'99,1%%
1.
1,
1910
1913
Ist consol. mort. gold,
$5,000,000
St.
0*1889 5gJ./j-J
4,110,000 Jan. 15, 1919
Paul Oily Ry. Co.—
680,000 Oct. 1. 1934
1st consol. M., gold.. 1884 6 g A. - O.
Cab. con., g., see text. 1887 5gJ./j-J.
3,708,000 Jan. 15, 1937
Debentures, gold
1890 6 g M. - N.
709,000 May 1, 1900
All bonds are for $1,000 each, and interest is payable at Farmers
Loan <fe Trust Company, New York.
Capital stoclc— The 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. In Feb., 1899,
$750,000 additional preferred stock, issued in payment of loan for
that amount, was listed on the N. Y. Stock Exchange, with authority
to list up to • 3,000,000 when issued in exchange for St. Paul Ry. deb.
68. The debentures are to be sold or exchanged for preferred stock atj
not exceeding 713 shares of preferred for each $1,000 debenture bond.
V. 6f<, p. 381. On August 1, 1899, amounts of preferred stock and
debentures were as above.
For the preferred stock it is provided that if in any year dividends
amounting to 7 iter 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
set apart for the common stock. In case of liquidation or dissolution
of the company the holders of the preferred stock shall have prior
right on the assets of the company before any amounts shall be payable to the holders of the common stock.
Divide?ids— All dividends on preferred to and including July, 1899^
(1% per cent), have been paid. One per cent was paid on the common
stock in August, 1899.
See full description of property in application to the New Yorfe
Stock Exchange in June, 1895.— V. 60, p. 1148.
Bonds.—The Minneapolis Street Railway Co. jointly and severally
with the Minneapolis Lyndale & Minnetonka Railway Co. has issued
$5,000,000 5 per cent 30- year first mortgage and first consolidated
mortgage gold bonds, of which $890,000 are held in trust by the Farmers' Loan <te Trust Company to redeem the $890,000 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 Railway Company has issued $4,388,000 5 per cent
50-year cable consolidated bonds (including $680,000 held by the
Farmers' Loan & Trust Company, trustee, to redeem the $680,000 prior
lien bonds above) under a mortgage limited to $5,500,000.
Under
the mortgage these bonds can only be Issued against the actual cash
cost of construction, under a mileage limit of $15,000 per mile. Part
of these consols ($1,138,000 on June 1 1, 1895) are guaranteed, principal
and interest, by endorsement of Twin City R. T. Co. See statement
to N. Y Stock Exchange in June, 1895.— V. 60, p, 1150.
Road—The entire system consists of 240 miles of standard-gauge road,
all recently built or rebuilt, and thoroughly equipped.
Two 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.
General Finances—in 1898 the $750,000 loan due Dec. 31, 1900,
was paid off, partly by the issue ot preferred stock. V. 68, p. 381, 522.
On Jan. 1, 1899, bills payable outstanding were $110,000.
The company leases water power at St. Anthony's Falls (capacity 10,000 h. p.), which power is now used to run the entire railway
system in both cities.— see "V. 64, p. 704.
Latest Earnings- 9 mos. to sept. 30—
9 ilos.
Gross.
Net
Oharges.
Surplus.
and imbedded
1899
$1,845,979 $994,498 $608,059 $380,439
1898
1,596,447
843,431
587,470
255,961
Charges 12 months, $657,814 in 1898; $692,303 in 1897.
Annual Report— Fiscal year ends Dec. 31. Report for 1898 was In
V. 68, p. 522, showing results on the entire property as follows
Receipts from passengers
Receipts from other sources
1898.
$2,145,093
25,623
1896.
$2,037,935
21,283
1897.
$1,982,785
26,336
Totalreceipts
$2,170,716 $2,009,121 $2,059,218
Operating expenses
858,867
$877,616
$875,787
Insurance and general expenses..
102,032
52,464
53,785
Injuries and damages
58,493
72,000
65,587
Total operating
MINNEAPOLIS, MINN.
Outstanding.
Interest.
$1,019,392
$995,159
$1,002,080
Net earnings
$1,151,324 $1,007,041 $1,064,059
Interest on bonds and 6% ctfs... >
$618,131
Interest on floating debt
713,454
$705,438
8,226
[
Dividends on 7 p. c. pref. stock.. )
79,534
Taxes
58,170
64,214
66,469
Total
Balance, surplus
$777,668
$373,656
$764,061
$299,998
.$771 ,907
$235,134
Balance Sheet.—Twin city Rapid Transit Company general
balance sheet of December 31, 1898, was as follows:
Resources.
Roadway, &o.
U Securities in treas. \
Notes (k accts. recelv..
$17,472,200
388,000
62,867
Pay-rolls, etc., not due.
79,399
Int. ou bonds accrued.
208,521
Hills payable
110,0
Income account— sur. 1,988,732
Stocks
Ins., etc., paid In adv.
Materials and supplies
103,081
225,897
5,355
72, 21.-)
$30,309,719
ond.s
and 6%
certs.
Uni)Mid vouchers, etc.
t
Cash
Total
Liabilities.
^„„ „„„ , _,
*'^J|903,171
)
Total
$30,309,719
;
:
;
ISTUEET
54
:
pin Note.— Includes: Minneapolis Street Railway Co. stock, $5,000,
St. raul City Railway stock, $5,000,000; Minneapolis Lyn
<lale & Minnetonka Ry. Co. stock, $385,000— total par value, $10,385,
OOO; valued at $15,000,000.
Officers— President, TUomas Lowry Vice-President, Secretary and
Treasurer, C. G. Goodricli Auditor, J. F. Calderwood ; General Man
«,ger, W. J. Hleld. 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.
;
;
MUNCIE, IND.
in 1890 was 11,345; in 1880 was 5,219;
AND IN 1870 was 2,992.
The former Citizens' Street Railway of Muncie has been acquired by
and now forms part of the Union Traction Co. of Indiana. See the
latter under Anderson, Ind.
Population
MUSCATINE, lOV/A.
MOBILE, ALA.
Population 1890 was 11,454; in 1880 was 8,295;
and in 1870 was 6.718.
Population 1890 was 31,076 in 1880 was 29,132
AND IN 1870 was 32,034.
;
Organization —A.
MUSCATINE ELECTRIC
RAILROAD-TroUey.
consolidation in April, 1897, of the M. L. & Railtcay and Mobile & Spring Hill Ry. Franchise is perpetual.
Date, interest. Outstanding. Maturity.
Bonds—
Stock
$400,000
Stock, $400,000, par $100
1897 5g. J-D
400,000 June 1, 1937
1st mortgage, gold ($1,000)
Road, Etc.—Owns 14 miles of track in Mobile and extends to
Spring Hill, 4 miles; total track, 18 miles. Company also owns
Monroe Park" water power and 320 acres of land; also electric
light plant of capacity of 6,000 incandescent lamps and 30 arc lamps
with power circuit and power house.
Officers— President and General Manager, J. H. Wilson; VicePresident, L. H. Rust; Secretary, C. W. Chase.— V. 61, p. 282.
&
. .
MOBILE STREET RAILROAD
CO.-A
trolley
road.
Organization —Successor to the Mobile Street Railway, sold in foreclosure in 1892, and which was chartered Feb. 26, 1888. The Mobile
Street Railway had a State charter for 50 years from June, 1887. Consolidation of this road with the Mobile Light & Power Co. has been
proposed.
&
Stock
Bonds—
Miles. Date. Interest. Outstand'g. Maturity,
Stock, $500,000
$500,000
^^93
^ooT!!f.^^.'5.?!^:?^.c'S
Other indebtedness
egM-N
240,000
May 1,1923
(?)
Interest at National City Bank, New York.
Boyids—The mortgage of 1893 is for $350,000, and was issued for the
piirpose of electrically equipiiing the road, for extensions and improvements. The mortgage trustee is the Farmers' Loan & Trust Co., N. Y.
Road Operates 23 miles of track, of which 22 electric and 1 m. horse.
Officers—President, J. C. Morris; Vice-President, F. J. Gasquet;
Secretary, R. B. Owen Treasurer and General Manager, R. Semmes
Chief Engineer, J. F. McAviney. Office, Anthony and Royal streets.
MOLINE,
ILL.
Population 1890 was 12,000; in 1880 was
and in 1870 was 4.166.
MOLINE CENTRAL STREET
Road has been merged
in Tri-City
Railway
of
7,800;
RY.-TroUey.
Davenport,
la.,
which
see.
MONTGOMERY, ALA.
Population 1890 was 21,883; in 1880 was 16,713;
AND IN 1870 WAS 10,588.
MONTOOMERY STREET
Aug.
A
RY.-A
c.olley road.
consolidation,
l, 1894.
Has a perpetual but
not exclusive franchise.
Maturity.
Stock, Bonds Etc. Miles. Date, interest. Outstand'g
Stock.'
$290,000
1893 6g. F-A
Ist mortgage for 5 14-25
290,000
1923
$350,000, gold.. \ Interest at Farmers' L. & T., Trustee, N. Y. City.
Bonds—The bonds unissued may be sold at the company's discretion.
Road— In Feb, 1899, owned 14^2 miles of trolley road.
Calendar years—In 1897, gross, $54,914; net, $27,709. In 1896,
gross, $57,290; net, $29,382. President, J. W. Dimmick ; Secretary,
J. C. Virden Treasurer, G. W. Craik,
Organization—
;
MONTOOMERY
& Bonds—
Date.
StOCK
SUBURBAN
interest.
ST.
Outstanding.
$100,000
None, Feb., 1899
(f)
Road— In Feb., 1899, operated 4^2 miles of track and road.
Officers— President, Henry Foude; Treas. and Man., H.
Sec, Edward A. Graham.—V.61, p. 70.
RY--
Maturity.
Stock
light
In March, 1899, was purchased by Harry W. Huttig, of the Huttig
Bros. Manufacturing Co., who was subsequently reported to have sold
a half interest in the property to L. W. Prior, of Cleveland, Ohio.
Organization— Chartered in February, 1893. Its charter is for 25
years, and its franchise for operating street railways gives it, so It is
said, the exclusive right to do street railway business in the city for
the same period, 25 years. The gas and electric light franchise is to
operate and maintain within the city gas, 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 Electric L. &. P. Co. acquired
In 1896.
Date, interest. Outstand'g.
Stock
Maturity.
Bonds—
&
Stock
Istmort tTSOOOO e-olrl
1st mort.. $150,000, gold.
$
^
1^98
$300,000
Jan.
150,000
Subject to caU at par Jan.
6g. J-J
Manhattan Trust Company is mortgage trustee.
Gross, $16,116;
Earnings— 3 months, )1899
1,
l)
1913
1908
net, $3,986
July 1 to Sept. 30. 5 1898
Gross, 14,176; net, 5,356
Annual Report— For the years ending June 30 earnings were: In
1898-9, gross, $58,617; net, $18,855; in 1897-8, gross, $55,476; net,
$15,841; in 1896-97, gross, $51,378, net $13,854; in 1895-96, gross
'
$43,211, net, $12,879.
Road— Operates 8 miles of tracK.
Officers— President. L. W. Prior, Cleveland; Vice-President and
Secretary, H. W. Huttig; Treasurnr, C. E. Denison, Boston.— V. 67,
480; V.
p.
68, p. 619.
NASHVILLE, TENN.
Population
in 1897
IN 1880
;
60, p. 929.
RY.-TroUey and
plant.
—
—V.
;
RAILWAYS.
•000;
MOBILE LIOHT &
J
estimated at 125.000; in 1890 was 76,168
43,350; and in 1870 WAS 25,865.
WAS
NASHVILLE RAILAVAY-A troUey system.
Organization— This is to be a consolidation of the Nashville Street
Railway, the Nashville & Suburban, the Citizens' Rapid Transit and the
Cumberland Electric Light & Power. A syndicate represented by the
Baltimore Trust & Guarantee and Hambleton & Co. of Baltimore is
back of the undertaking. To include all the street railways in Nashville. In Nov., 1899, actual consolidation had not yet been effected,
and the constituent roads were still operated as separate properties,
though their stockholders had, as required, given consent to the consolidation by a three-fourths vote. City authorities have been seeking
to interpose obstacles to the amalgamation.
Date,
interest.
Outstand'g. Maturity
Stock & Bonds—
Stock ($6,500,000 auth.)
(?)
Citizens' Rapid Transit 1st 5 1890
6g. J-J
60,000 July 1, 1910
M., $100,000, gold.
I Int. at Trust Co. of Nor. Am., Philadelphia.
McG.&Mt.V.Sum'rBt.lstM. 1886
6 J-J
65,000
1926
Do 2d series
1887
6 J485,000
1937
Do 2d mortgage
1889
6 A-O
200,000 Oct. 1,1919
Nashville & EdgefieldConsol. luort., $400,000... 1889
6 J274,000 Jan. 1,1919
Nashville St. Ry. COnSOl. M. ) tqqe c„ t t
am^^ nnn Jan. 1 tnnn.
^S- J- J
975,000 T
1, 1925
$2,000,000, gold $1,000.. P^^5
Interest is payable by Moore & Schley, 80 Broadway, N. Y.
Of the Nashville St. Ry. consol. mortgage of 1895, $1,025,000 are
in escrow to redeem underlying bonds.
Road— Operates about 70 miles of track.
Officers— (May, 1899)— President, F. S. Hambleton, Baltimore;
Vice President, E. C. Lewis; Secretary and Auditor. N. P. Yeatman;
Treasurer, A. H. Robinson; General Manager, E. G. Connette. V. 68
p. 672, 724, 824,
977, 1133, 1226.
Mortgage
S.
Population in 1895 was 8,814; in 1890 was 9,118;
IN 1880 WAS 8.479; and in 1870 was 6.404.
NATICK & COCHITUATE
MONTREAL, CANADA.
Population in 1897 was amout 250,000; in 1891 was
216,650; and in 1881 was 155.237.
MONTREAL STREET RY.-A
1861.
Organization— Chartered May
trolley road.
Franchises expire in
In March, 1899. authority was received from the Dominion
Parliament to increase the stock to $10,000,000 from time to time.
18,
1922.
Stock and Bonds—
Outstanding. Maturity.
.$4,800,000 '98-9 10%
292,000 Mar.l.'OS
5 M-S
\ ^^88
^ j^^ ^^ ^^^^ ^f Montreal, London. Eng.
4»a F-A
$681,333 Aug.1,'22
\ ^893
StPrlin^rlPhAntiirPS
Sterling debentures
^ j^ ^^ g^nk of Montreal, London, Eng.
Under trust deed of A.ug. 10, 1893, the debenture 5s and 4*88 are
of equal rank.
Latest Earnings.- Jan. l to Oct. 31, gross, $1,405,104 in 1899;
$1,253,104 in 1898.
Date,
interest.
Stock, $10,000,000; par $50
«t«rlin^f1phpntnrP«
Sterlmg debentures
Report— Report for year ending September 30 shows
Year end.
Charges.
Dividends.
Gross
Net
Sept. 30—
1899
1898
1897
1896
Balance,
Surplus.
(10)$478,333 $152,537
(10)462,916
$1,471,940 $707,056 $105,352
138,788
^8,083
326,667
1,342,368
605,939
(8)
139,523
92,926
320,000
1,265,898
555,033
102,107
Road— Owns 85 miles of track. President, L. J. Forget.— V. 67, p.
1000
;
V. 68, p. 524.
NATICK, MASS.
Jones,
ST. RY.-TroUey road.
Organization—Extension from Cochituate
to
Wayland Centre com-
p'eted in July, 1899, Increasing length of road to 17 mUes. Stock,
$100,000, par $100. No bonds. Unfunded debt Sept. 30, 1898, $17,000.'
Dividends— In 1893-4, 6 p. con $31,100; In 1894-5, 3 p. c; in 1895-6,
5 p. c; in 1896-7, 6 p. c; In 1897 8, 6 p. c.
Earnings— For years ending Sept. 30
Int. <t: taxes. Dividends. Bal.,sur
Gross.
Net.
1897-98
$2,287
$55,490
$8,561
$6,000
$273
1896-97
1,682
45.738
9,357
6,000
1,675
Total surplus Sept. 30, 1898, $9,710.
Officers—Pres., Harrison Harwood; Treas., R. W. Harwood; Clerk,
F.
H. Hayes.
NEENAH, WIS.
Population 1890 was 5,083;
MENASHA
and
&
"W'AY— A trolley road..
in
in 1880 was 4,202;
1870 was 2,655.
NEENAH STREET
Organization, Etc.—Chartered in 1885-86.
1897, by
Dagnou Improvement
RAIL-
Pui-chased July
1,
and motive power
Road was extended to Appleton
Co. of Cleveland, O.,
changed from horse to electricity.
and Lake Winnebago. Stock (par $50), $25,000; 1st mortgage, $25,000.
Owns 4 miles of track. Pres. and Treas., P. Schumacher.
STREET RAILWAYS.
NEGAUNEE, MICH.
;
NEOAUNEE & ISHPEMINO STREET RAIL-
Orqanization—Consolidation of the Negaiinee & Ishpemlng Street
Railroad Co.. the Negaunee Electric Light Co. and the Ishpeming Electric & Gas Co. Capital stock paid in, $142,000; no bonded debt. Undel:t in
S. S.
Owns 4
Aug., 1897, $17,000.
miles of track.
Presi-
Mitchell.
NEW
ALBANY,
IND.
;
POPDLATION 1890 WAS 21,059; IN 1880 was 16,423;
AND IN 1870 was 15,396.
road.
-NEW ALBANY RAIL^VAY-A trolleyAlbany, Lafon
Louis Hartman of New
Bondholders' Committee—
Allen and W. R. Belknap. Receiver is John MacLeod.
Date. Interest. Outstanding. Maturity.
Stock & Bonds-
M-N
$30,000
Receiver's certiHcates
$150,000 July 1, 1913
New Albany Street Ry. 1st.. 1888 6 J - J
Jan.. '95, coupon unpaid. Trustee, Louisville Tr. Co., Louisville, Ky.
Jan. 1, 1913
$50,000
N. Alb'yRy.M. $500,000 ff... 1893 5gJ-J
In default. Trustee, Columbia Finance & Trust Co., Louisville, Ky.
Road—Operates 7 miles of track and road.—V. 64, p. 800.
HIGHLAND RAILROAD.-A
is
;
'WAY & ELECTRIC-
dent,
Deo. 31, 1898, unfunded debts, $223,183. The mortgage of
for $500,000 of 5 per cent gold $1,000 c* bonds due July 1,
1926; bonds cannot be called interest J. & J. (January, 1898), $170,000, Fidelity Title & Deposit Co. of Newark, trustee.
Road— Reported to be operating in Jan., 1899, 51 miles of trolley
track. In Jan., 1899, line from New Brunswick to Somerville waa
opened. Extension Bound Brook to Plainfleld was operated from Oct 29
1898, connecting with Plainfleld Street Railway and giving PlainfleW
trolley connections with New Market, Lincoln, Bound Brook, Flnderne,
Somerville, Raritan. New Brunswick, Franklin Park and Metuchen.
EARNINQS—Year ending Dec. 31, 1898, gross, $51,842; net, $824.
Officers— President, Gottfried Krueger; Vice-President, Andrew"
Radel Sec'y and Treas., Edward H. Radel.—V. 62, p. 29.
On
1896
POPULATION 1890 WAS 6,078 IN 1880 was 3,931
AND IN 1870 WAS 2,559.
funded
NEW BRUNSWICK CITY RAIL^WAYOrQanization— Chartered in 1868. In May, 1895, control was sold'
Brunswick Traction Company. Operates 7 miles of track.
Maturity.
Stock & Bonds— Miles. Date, interest. Outstand'g.
to the
Stock
1st
Oth. debt Jan. 1,'99
(1)
Earnings— For year ending Dec. 31, 1898, gross, $34,561; deflcltT
under operating expenses, $549. In 1896, on 7 miles, gross, $23,745.
Officers— President, Gottfried Krueger; Vice-President,
Radel; Secretary and Treasurer, Edward H. Radel.
Andrew
1,
NEW
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.
miles of track.
Officers— President, Hen'-v Terstegge; Vice-President,
Bhrader.Jr.; Secretary and Treasurer. Frank H. Gohmann.
John H.
NE\V BEDFORD, MASS.
Population in 1895 was 55,251; in 1890 was 40,733; in 1880 was
26,845; IN 1870 WAS 21,320; AND IN 1898 (estimated!, 60,000.
DARTMOUTH & "WESTPORT STREET RY.electric road.
Organization, Etc.—stock, $150,000; 1st mort., $150,000, dated
1895, gold, c* ($1,000 each), 5s A-O, issued $90,000, due April 1, 1915.
trustee. International Trust Co., Boston, where interest is payable.
Dividends: In 1894-5, 8 p. c; in 1895-6, 9^2 p. c; for 1896-97, 8
p. c; in 1897-8, 8 p. o.; in 1898, Jan., 2 p. c, April, 2 p. c, July, 2 p.
c, Oct, 2 p. c.; in 1899, Jan., 2 p. c; Apr., 2 p. c; July, 2 p. c; Oct.,
p. c.
Road -Connects cities of Fall River and New Bedford. Owns 9"84
miles of track and operates in all 14'27 miles of main track.
EARNINQS—Year 1897-98, gross, $96,914; net,$28,861; interest, $4,500; taxes, etc., $10,605; dividends, $12,000; balance, surp. for year,
Total surplus Sept. 30, 1898, $19,108. President, H. H.
$1,756.
Crapo of New Bedford.
CASTLE, PA.
Population 1890 avas 11,600;
AND IN 1870 WAS
Road— Two
2
$100,000f.p.
25,000
203,185
—A-O
mortgage
trolley road.
Organization— Incorporated in 1895. Succeeded on December
1895, New Albany Highland RR., sold in foreclosure.
An
55
NEW CASTLE
Organ ization—
in
1880 was 8,418;
6,164.
TRACTION-A trolley road.
incorporated Jan. 12. 1897, and took 999-year leases
of New Castle Electric Street Ry. and New Ca-*tle & Mahoningtown St.
Ry. Rental one-third of gross receipts, and as a minimum for first
five years $15,000 yearly to New Castle Eleo. St. Ry. and $5,000 yearly
to New Castle & Mahoningtown Street Ry.; thereafter $18,000 and
$7,000 respectively. Population in 1899 estimated by city officials at
36.000.
&
Bonds—
Date.
Interest.
Stock. $500,000 ($50)
Ist M., $500,000, g
1897
Outstanding.
5g. M&N
Stock
c
$1,000
$500,000
300.000
Interest at Union Trust, Pittsburg,
BALANCE SHEbT JUNE 30, 1899.
A ssets—
Dividends.
May 1.1927
trustee.
Liabilities ~
1
Costof road and equip. $557,729 Capital stock
500,' 00 Funded debt
Stocks other companies
Ca^h
3,549 Bills payable
138,283 Accounts payable
Open accounts
$500,000
500,000
162,000
22,676
14,885
eurplus
Total
$1, 99.561
$1,199,561
19 miles of track. Rails, 66-lb. to 80-lb. girder.
Earnings—Year ending June 30, 1899, gross, $115,916; net, $37,170.
Officers— President, R. R. Quay; Sec »nd Treas.. E. E. Hamilton.
Total
Road— Owns
UNION STREET RAIL^WAY—A trolley road.
Organization- Incorporated March 18, 1887.
Date.
interest. Otitstand'g. Last
Stock & Bonds—
;
;
I
I
i
|
NEW
BRITAIN, CONN.
Population 1890 was 19,007;
AND
IN
in
1880 was 13,979;
1870 WAS 9.840.
is now owned by the Connecticut Lighting
statement of the latter under Waterbury, Conn.
& Power
Co.
See
NEV/ BRUNSWICK.
N. J.
Population 1890 was 18.603; in 1880 was 17,166;
and in 1870 was 15.058.
BRUNSAA^ICK TRACTION CO.-
Orqanization— Organized May 14, 1895. to purchase, equip with
electricity and to operate the New Brunswick City Railway. In
1893 was said to have reached an agreement with N. Y. & Philadelphia Traction by which each company will build exten.sions and
the two roads will form a continuous line from Perth Amboy to Trenton. In Oct., 1898. Gottfried Knieger and E. H. Radel wore reported
to have purchased a controling interest in the New York & Pliiladelphia Traction Co.
Issued, $500,000.
(See Trenton, N. J.)
Population 1890 was 85,981 in 1880 was 62,882
and in 1870 was 50,840.
;
FAIR HAVEN &WESTVILLERR.-A trolley road'
Organization— Incorporated June 20, I860.— V. 64, p. 134. On Nov.
1898, the New Haven Street Railway was purchased for .$200,000
stock and $500,000 one-year notes (which were taken up when due),
1,
and consolidated with the
Capital stock authorized and
F. H.
Stock—
& W.—V.
Par.
67, p. 843, 955.
Divid's. Outs'ditig.
Maturity.
J- J $2,500,000 Oct. 1 , '99," i
$25
1893
5g M-S
,
1893
5g.M-S
S
Int. at trustee,
)
1894
Stock auth. ($5,000,000).
N.H. (feCenterville IstM.,
go. .assum'd by F. F.& W.
New Haven Street Rv.—
1st mort., gold (.$600,000)..
$500 and $1,000
Ist purch'e M.$250,000g..c.
.$1.000not subj. to call...
West, Notes
F.
H.&
S
5
J-D
Int. attrustee,
1898
283,000
600,000
Am.
L.
&
Sept. 1, 1913
Tr. Co., Boston.
250,000 June
Am.
L.
H
Sept. 1, 1933
&
1,
1914
Tr. Co., Boston.
500,000
1899
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.
Dividends—On April l, 1899, 1^4 pc; July 1, IJ4 p.c; Oct.l, 1^4 p.o.
Road— In July, 1899, consisted of about 65 miles of track, embracing following lines
Old F. H. & W., 20 miles, extending from
Fair Haven via Chapel Street, New Haven, to Westvllle, with branches
to steamboat wharf, out East Chapel Street, to railroad station, etc.;
New Haven & North Haven Street Railway, 2-2 miles; New Haven &
Centrevllle, 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 atljacent bathing
beach. Lake Wliitney and Lake Saltonstall, the suburban villages of
Morris Cove, AVhitQey vllle, East Haven, Centrevllle and Westvllle; also
to Mt. Carmel, Cosey Beach and Mansfleld's Grove.
Earnings— For year ending June 30, 1899, earnings of the consolidated companies were as follows:
Gross
$576,176 Dividends
$129,000
Net
229,865 Iiit«rcst
68,643
Taxes
28,800 Balance surplus for year.
3,422
Officers— President. Henry 8. Parmelee; Vice-President, Samuel
Hemingway; Treasurer. Loverott Candee. Directors, H S. Parmelee,
John B. Carrlngton, Samuel Hemingway, E. Hayes Tro abridge, Geo.
D. Watrous, James S. Hemingway. Wilbur F. Day, Samuel E. Merwln,
all of New Haven.— V. 64, p. 134; V. 07, p. 843, 955; V. 69, p. 905.
Stock—The capital stock was
:
CENTRAL RAIL\VAY & ELECTRIC-This prop
erty
NEW^ HAVEN, CONN.
div., etc
Q-P $450,000 Nov. 1,'99.2%
Stook,$450,000(par$100)
350,000 Jan. 2, 1914
5gJ-J
Consol. M. for $500,000, J 1894
g., 8. f., not sub), to fall ( Int. at Old Colony Trust Co., Boston, trustee.
123,109
Current liabilities Oct.'98
Boiids -Consols of 1894 for $100,000 were sold to retire Ist mort. 5s
maturing July, 1898.
Dirndends—Iu 1892-93 7 per cent in 1893-94 6 per cent in 1894-95
4 per cent; in 1895-6, 8 p. c; 1896-97, $37,000; in 1897-8, 6 p. c;
Nov. 1, 1898, 2 p. c; in 1899, Feb., 2 p. o.; May. 2 p. c; Aug., 2 p. c;
Nov., 2 p. c.
Road—On Sept. 30, 1898, owned 23707 miles of trolley road (measured as single track), of which 3*74 miles is sidings, switches, etc.
Latest Earnings—Jan. l to June 30, 6 months, gross, $100,599 In
1899; $87,268 in 1898.
Earnings—For years ending Sept. 30.
189S.
1897.
1897.
1898.
Gross earns... $206,138 $220,626 Dividends paid.. $27,000 $37,000
Net
74,209
71.030 BaL.sur.. for year 17,683
2,914
Int., taxes, etc.
29,526
31,116 Totalsur.8ep.30. 50,000
77,650
Officers— President, H. H. Crapo; Vice-President, Thos. B. Tripp,
Secretary and Treasurer,
.—V. 63, p. 1061.
)
:
STREET RAILWAYS.
66
MANUFACTURERS' RAILROAD
Organization— Organized
in
May, 1896.
CO.
Owns road
II2 miles in
used for freight purposes, running from a freight depot to a
manufacturing section, part of the way on private land and part on
tihe streets. Power is obtain«d from Fair Haven line. Company owns
one electric locomotive. Capital stock, $20,000; all issued. No bonds
Earnings.— For year ending June 30, 1899, gross. $6,553; net,
$2,483; taxes, $200; interest, $719. Bills payable June 30, 1899,
$14,000.
Officers. —President, George S. Barnum; Vice-Prest., N. W. Kendall; Secretary, Frank L, Bigelow; Treas. & Gen. Mgr., S. J. Fox.
liengtli,
Dividends July, 1894, 2^ p. c; in 1895, 6 p. c; in 1896, 7 p. o.; In
1897, 7 p. c; in 1898, 7 p. o.; in 1899, January, 2^ p. c.: July, 2»« p. c.
Road— Owns 7-18 miles of road (single track) laid with 48-lb. T rails
Latest Earnings— 3 months, )189-> .Gross, $24,021; net, $12,971
July 1 to Sept. 30.
^ 1898.. Gross,
24,798; net. 14,393
Annual Report— For year ending June 30, 1899, results have been:
Gross, .$56,574; net, $23,621; interest, $5,500; taxes, $3,530; dividends, $12,500; balance, surplus, $2,091. For years ending Sept. 30
earnings have been
1898.
1897.
1897
1898.
Gross earnings.. $55,804 $53,822 Bal. for divs. ... $14,095
$13,061
Net earnings.... 23,644
21,452 Dividends... 7% 12,375 7%17.325
Interest paid
5,500
5,500 Balance
1,720 def. 4,264
Taxes, etc
4,049
2,891 Total sur
20,565
16,789
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.
1
NEW ENOLAND
STREET RAILWAY.
in February, 1893. under the laws of
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
Kingston Ry. Co.
-shares. Formerly also controlled the Plymouth
of Plymouth. Mass., but in 1899 was reported to have disposed of its
Organization— Incorporated
New Jersey, to control
&
See V. 63, p. 229.
Par. Dividend. Outstanding.
holdings in the latter.
Stock. —
"^^
authorizld.'!^.^^.'^^.^
i
*2^
text Q.- J.
$1,081,925
Last Div.
Oct., '99,
:
(1) WINCHESTER AVENUE EATLROAD-A trolley road. Control held by New England Street Railway.
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.
interest. Outstanding.
Par.
Bonds.
Stock
Oct.16,'99,2%
Q.— J./j$800,000
Stock, $1,000,000
$25
Nov. 1. 1912
500,000
5g. M.-N.
(
let M. gold 1892.. c*<fcr^ 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.
Bonds—Tl)xq bonds are joint obligations of the Winchester Avenue
RR. Co. and the New Haven & West Haven and cover all property
owned or to be hereafter acquired under the charters. The entire
$100,000 of 6 per cent debentures maturing in 1909 was called for
payment June 1, 1899 (part of the new stock being used for this purpose), and they are therefore omitted above. V. 68, p. 979.
Road— In August, 1899, was operating 23*21 miles of track, of
which 19"31 owned. Its lines extend to Union Depot. Savin Rock, City
Point, Evergreen Cemetery out Congress Ave. to Boulevard; also
-Crosstown line to Read Street. Leases West Shore Ry.— which see.
Annual Report— For year ending June 30, 1899, gross, $271,942;
net, $113,286; interest. $33,265; taxes, $15,293; dividends, $64,002;
bal., sur., $726. For fiscal year ending Sept. 30. in 1897-98, gross was
$267,452; net, $122,159; taxes, $13,068; interest, $36,541; divl^iends, $64,000; balance, surplus for year, $8,550. In 1896-97 gross,
$248,320; net, $114,786.
GENERAL BALANCE SHEET SEPT. 30, 1898.
—
Assets
«tock
&
Liabilities.
equlpm't
rights, etc
Miscellaneous
Cash
$901,792 Stock
316,309 Bonds
34,862 Bills payable
15,400 Accounts payable
Profit
$1,268,363
Total
and
$600,000
593,000
72,200
222
Total
$1,268,363
Officers— President, A. B.Turner; Secretary, H. T. Spencer, West
Haven, Conn.; Treas'r, A. E. Pond.— V. 68, p. 234, 774, 979 V. 69, p.
;
284.
(2)
CANAL & CLAIBORNE RR.—Consolidated with New
Orleans and Carrolltou. which see.
WEST SHORE RAILWAY-A trolley road.
NE^V ORLEANS TRACTION.
NE^V ORLEANS CITY RAILROAD. -In
HAVEN STREET RY.— 1898
NEWHaven &
RR.— which
above—
NEW HAVEN & CENTREVILLE STREET
Haven &
RR.
RY.— Acquired 1897 by
In
Westville
with Fair
see
Fair
in
consolidated
V. 66, p. 843, 945.
Westville
NEV/ LONDON, CONN.
POPULATION 1890 WAS 13,757; in 1880 was 10,537;
AND IN 1870 was 9,576.
RY-A
NEW LONDON STREETand has
Organization- Incorporated in 1886,
Int.
Miles. Date.
Stock & Bonds—
Stocks and Bonds—
Date,
Commonstock
Pref. stock, 5 p.
c.
^^$100^^°°'^°^
'*''*'''
1
•^'^
718 1893 5gA-0
110,000
Oct. 1, 1923
23,567
payable June 30, 1899
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.
lHtM.."$150.066".goid'
Bills
interest.
Oulstatid'g.
Maturity.
$5,000,000
2,500,000 July 10, 2i2%
)
1898
4-5 g.
a,000,000
July 1, 1943
5Int.at 4 p. c. for 5 y'rs and 5 p c. thereafter.
1879
6 J-D
399,900 Deo. 1, 1903
5 g J-J
2,599.500 Jan. 1, 1943
) 1893
> Sub. to call tor s.f. on & aft. July 1.'98 at 110
> Int. payable by J.& W. Seligman & Co., N. Y.
) 100.7
„ t t>
-lAfynnn June
ii^-,^
189^ ^ « J-^
143.000 t
1, 1917
6
\
cum
New gen. M., $3,250,000
gold
New Orl. City RR..lst M.
New Orleans City & Lake
1st M. for ,$5,000,000
gold, $500 &c
c*
N. O. Trao. Power. -house
Ist M., g., 8. f., $7,500.
-,
The new preferred stoclc is to elect a majority ot directors until dividends thereon for five years have been paid, and to have a preference
as to assets and dividends. No lien 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 lines
of the New Orleans City & 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, of which not exceeding
$100,000 to be used at present.
Dividends— Paid dividends of 2^ per centon preferred July, 1899.
Latest Earnings— 10 mos.^ 1899... Gross,$l, 127,411; net, $451,933
Jan. 1 to Oct. 31.
1,092,192; net, 408,135
5 1898... Gross,
^VEST
SHORE RAIL^WAY-A
trolley road.
Report for 1896-P7 was in V. 66, p. 381. The position of the reorganized company appears from the following
Tear end.
Tear end.
Tear end.
:
Nov. 30, '96.
Nov. 30, '97.
Gross earnings
$1,334,276
$1,230,256
Net
585,727
391,423
Plus power-house earnings
Total net without deduction of taxes
New fixed charges for interest and sinking fund for
of last year's earnings
Nov. 30, '98.
$1,311,365
509.394
39,l.'i0
$548,544
290,013
90.000
$168,531
125,000
320,013
Of which for 5 p. c. on $2,500,000 pref. stock
Int. and sinking fund charge after five years will be...
Road— Operates 115 miles of track.
Officers— President, R. M. Walmsley; Secretary and Treasurer, A.
H. Ford, New Orleans.— V. 68, p. 86, 187, 429, 525, 824, 926, 1226.
NEW^ ORLEANS & CARROLLTON RR.OrgANIZATION— In 1899 was consolidated with Canal & Claiborne.
Date, interest. Outstand'g.
Last div. .etc.
Stock & Bonds—
Cap.8t.,$100, $1,200,000 .... text Q-J
1st mortgage
1882 6F-
A
Do
do
2d mortgage, gold
6F-A
6F-A
1882
1893
$1,200,000
90,000
95,000
Oct.,'9d,li3%
350,000
5iqa«
1902
1906
Interest at Hibernia Nat. Bank, N. O. )
I907
Consol. M., $2,000,000) 1899
5 J- J
800.000
(1)
Interest at office of company.
r$500 and $1 000) ... $
Canal & Claiborne RR.
Ist mortgage, subject
>
to call after 5 years.
)
trolley road.
perpetual franchise.
Outstand'g. Last div., etc.
$2.50.000 July l,'99(2i3)
1899
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.
Organization— Commenced operating July 1, 1894. From Dec,
1895, road was leased for 99 years to Winchester Avenue Railroad,
flrstfive years....
interest and dividends at 5 per cent per annum being guaranteed.
Taxes, say
& Bonds — Miles. Date, interest. Outstanding. Maturiti/. Balance, surplus on basis
Stock
$80,000f.p. 5%div. giiar.
Stock, .$200,000 ($25)
5
July 1, 1914
30,000
Ist M., ,$30,000, gold, ) 3-9 1894 5 J-J
subject to call
s Interest at Merchants' Nat. Bank, New Haven.
Road— Owns road 3-9 miles in length, extending from Savin Rock to
Woodmont in the towns of Orange and Milford. Also has trackage over
Winchester Avenue Line to centre of New Haven. Rails T 60 lbs.
President, James D. Dewell; Secretary, Israel A. Kelsey.— V. 62,p 86.
V. 68, p. 429.
The property owned by this company was sold at foreclosure in
1899. and is nowin the possession of the NcwOrleans City RR., which
see. The reorganization was in accordance with plan issued in
October, 1898, and given in V. 87, p. 736.
2,941
loss
& GRETNA-
miles
animal power. Capital stock, $25,000; bonds
President, Treasurer and Supt., A. M. Halliday.
$25,000.
—
&
Construct'n
Road— 3-75
in '96,
3i p.
ORLEANS, LA.
ALOIERSwith
GOULDSBORO
%%
p. c;
4% p. 0.; in '97, S^a p. c; in '98,
c; July, % p. c; Oct., % p. c; in '99, Jan., % p. c; Apr., %
p. c; July, 34 p. c; Oct., Sj p. c.
Officers— President, E. E. Floyd; Vice-President. A. R. Mitchell, Boston. Mass.; Treasurer, A. E. Pond, New Haven. Conn —V. 63, p. 229.
mvidends In 1895, 414
Apr.
NEW
Population 1890 was 242,039; in 1880 was 216,090;
and in 1870 was 191.418.
^
1892
6M-N
133,000
1912
M-N
Stf'T°$8M:h896 6g.^* Ne^
^'^te^e^t
599,000
May 1, 1946
Oi'l«'^"« office.
$l.O0d)
Notesfor $250,000 issued in 1897 for fioating debt and extensions.
Bonds— Of the $2,000,000 new consols authorized in 1899 $535,000
are reserved to take up a corresponding amount of old 1 st and 2d sixes.
Dividends in 1894 to 1893 inclusive, 6 per cent per annum; in
consol
00r($500
'&
1899. Jan., l^s
p.
c; July, II2 p. c; Oct., H2 p. c.
(before consolidation), gross, $396,In 1897, gross, $382,106 net, $177,690.
c; Apr.,
X^-2
p.
Earnings— Calendar year 1898
313; net, $177,500.
STEEET KAILWAYS.
RQ^O—Operates 32J2 miles
ORLEANS RAILROAD-A trolley road.
Last div. etc.
See text.
Stock, $500,000, par $50
Apr. 30, 1912
....
6 M-N
„„„,
J
**"^"^
^$1,000 subject to call May 1 yearly at par.
300,000
1912
1895 6 J-J
Mort., $300,000, gold,
100,000
1912
1897 6 J-J
Second mortgage, gold, c
Dividends—Jxiua, 1894, 1^3 per cent; December, 1894, none.
Road—Operates 11 miles of track.
Officers— President, Emilien Perrln; Secretary and Treasurer, ROutstand'g.
$185,000
18,000
W. MoMurdo.
ORLEANS & JEFFERSON RY.-To be a
trolley road.
Organization— Chartered in 1898 to construct a road from New OrEnd and Lake City, La.
Date, interest. Outstand'g.
MatuHty.
Stock & Bonds—
leans to West
Stock. $250,000 (par, $50)
$100,000
5,000 Feb. 1. 1923
Ist M.., $300,000, gold.)
1898 5g.M.-S.
($1,000 each) c*
) Int. atCo.'s otBce,708 Union St., N.Orleans.
Sinking fund, payable yearly, is sufflclent to take up bonds at maturity.
Road—To be lO
miles of track on 8 miles of road. Contracts were
March, 1899, and work to cost $225,000; but owing to the
failure of the construction company work has stopped. In November,
1899, it was stated that arrangements would be made as soon as
possible to complete the road. It is said the road is all graded, ties in
place and rails ready to be laid.
Officers— Pres., Thomas W. Castleman; Sec, Chas. J. Zell; Vice-P.
and Eng'r, Robert R. Zell.
let in
CHARLES STREET-A trolley road.
ST.
Organization- Organized in 1866. Franchise said to expire in 1906.
interest.
MatuHty.
Date.
Outstand'g.
Stock & Bonds—
See text.
Capital stock, $50
text, Q- J
$1,000,000
Ist M. $15,000 pd.y'ly
1881
6 J -D
75,000 J'ne 1*97-1901
Interest paid by National Bank of Commerce, N. Y. City.
Stock increased from $600,000 to $1,000,000 in February, 1895.
Dividends in 1897.6 p. c; in 1898. Jan., l^^ p. c; Apr., 1^ p. c;
m
m
July,
p. c; Oct., 1^4 p. c. In 1899, Jan.,
p. c; April, IH p. c;
July, l^a p. c; Oct..
p. o.
Road Operates 12 miles of track.
Officers— President, A McLellan: Sec. and Treas., N. Riviere.
m
—
^1E^V
Population
YORK
in 1890
and
MANHATTAN
was
CITY,
1,515,501
was
in 1870
in 1880
942,292.
;
N. Y.
was
1,206,299
&
May.
1890
2d mortgage
300,000
May, 1901
5g M-S
5,000,000 Sep.1,1993
Lex. Av.& P. Ferry 1st M., < 1893
c*<Sir < Interest at Nat. Union Bank, New York.
gold
1893
5g. M-S
3,000,000 Sep. 1, 1993
Columbus & 9th Ave. <
Ist mort., gold, c&r. I Trustee is Guaranty Trust Co., N. Y. City.
Metropolitan Street Ry.—
12,500,000 Feb. 1, 1997
Gen. coll. tr. M., $12,500,- ) 1897 5g. F-A
000 g. ($1000. &o.).c*&r s Int. at NatL Union Bank, N. Y.
Mort. on car stable prop- 1899
1902950,000
erties to
Mutual Life
—
>
Lessor Oonipanies
Broadway & 7th Ave. con8ol.l893 5g. J-D 7,650,000
'83, &c.. 5 p. c. 4,850,000
Do underlying bonds
250,000
1893 6 J-J
23dSt.l8tM
150,000
1886 5 J-J
Do debentures
Deo.
1,
1943
1904-1924
1909
1906
Jan.,
Jan.,
700,000 Jan. 1, 190O
1902
1,200,000 Dec,
236,000 Jan. 1, 1909
1909
1,600,000 Nov.,
1909240,000 Jan.,
3,570,000 Feb. 1, 1948
Stock—As to increase of authorized capital stock in July, 1898, to
$45,000,000, see General Finances below.
Dividends—The dividends paid have been as follows, those prior to1898 having been paid on the Metropolitan Traction Stock, which wasincreased 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.:
Year— ) 1891. 1892. 1893. 1894. 1895. 1896. 1897. 1898. 1899.
Below.
None.
5
Per cent. 5 4
3
5
5
5
5
In October, 1897, a distribution of 20 per cent In debenture certificates (paid off Oct. 15, 1898) was made to Traction stockholders. (V,
65, p. 620.) In Jan., 1899, 1% p. c. was paid; April, 1^ p. o. July,
1^ p. c; Oct., 1% p. c.
Bonds— jTAe Lexington Avenue <£ Pavonia Ferry js and Columbus d^ Ninth Avenue js yveve 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.
Road— The system includes seven principal lines extending practically the entire length of Manhattan Island, from the Harlem River
to or toward the Battery, with numerous branches and crosstown lines.
Lines owned.
Miles.
Lines Leased, etc. (Con.) Miles.
8-66
Gr.C'nt.St.toChamb'sSt. F'y.3-36 42d St. & Grand St. Ferry
2-07 2d Avenue
Gr.St.F'yto Chamb'rs St. F'y
28-OC
Church St. to So. Fer.0-61 Sixth Avenue
8-14
Vesey &
20-00
B'way,15th St. to Bowl'gGr'n.2-51 Eighth Avenue
19-32
Gr. St. Fer. to 14th St. Fer.N. R.3-28 N. Y. & H. RR. City Line.
Lexington Avenue cable line. 6*19
(Not included in Earns.)
4-85
Columbus & Ninth Ave. cable. 3-26 28th & 29th Sts
1-74,
Lenox Ave. undergr'd trolley.1'81 34th Street
1"95 Fulton Street
2-00
Branches
24-79 Central Crosstown
4-25
Second track
7-50
Christopher & 10th St
Total track owned
49 83
171-59
Miles.
Lines Leased, etc.
Total leased, etc
16-44
Broadway & 7th Av
Total owned and leased ..227-28
24-10
23d St. and leased line
1784 Cable
81-92
NinthAvenue
1526 Underground electricity
121-26
Central Park N. & E. River. 25-59 Horse (Nov., 1899), abt
Note.—The Broadway Surface line (15th St. to Bowling Green, 2-51
miles) has been consolidated into the Metropolitan Street Ry., but the
conduit and cable therein is the property of the Broadway & 7th Av.
RR. Co., which in consideration of right to use the tracks of the Broadway Surface assumed certain of its bonds.
Investments— (See official list in V. 65, p. 826.)—The following is
the par value of the principal stocks and bonds of subsidiary street
raUways, which in October, 1897, were the property of the company
Broadway & 7th Ave., stock.. $1,406,200 28th & •29th Sts. (all), stock.. $l,50O,n0O
300,000
1,000,000
1st morteaKe bonis
Cent. Pk. N. & E. Riv., stock.
203,700
400,000 North & East River
42d St. & Gr'd St. Fer., stock.
BleeckerSt.&FultonF.l8tM.1876 7 J-J
Central Pk. No. & E. R. Ist M. 1872 7 J-D
42dSt.&GrandSt. Fer.l8tM.1894 6 J-J
5 M-N
2d Ave. 1 St mortgage
5
J-J
2d Ave. debentures
1898 5g. F-A
2d Ave. Istconsol. mort
—
.
RY-- See Investors' Supplement.
METROPOLITAN STREET RAIL^ArAYCable, underzround troUey, horse.
Organization— Chartered in 1893, and by consolidation, lease and
otherwise has acquired control of practically all the street railways
of Manhattan Island except the Manhattan Elevated and the Third
Avenue RR.— (see V. 65, p. 621.) An agreement with Third Ave. RR.
as to Kingsbridge road and Amsterdam Ave., etc., was reached in
November, 1897.- V. 65, p. 977. In August, 1899, franchise was
granted.— V. C9, p. 334.
The Metropolitan Street Ry. has absorbed by consolidation the
following companies, embracing the " lines owned."
In 1893In 1894 AND 1895Houst. West St. & Pavonia Ferry.
Metropolitan Crosstown.
Chambers St. & Grand St. Kerry.
LexinKton Ave. & Pav. Ferry (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 Central Crosstown (including 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 227 in 189^.
Rapid Transit Road.— In March, 1899, the Metropolitan Railway
syndicate made a proposition to the Rapid T ransit Commission to
build the proposed tunnel road (V. 68, p. 619), but in April, 1899 (V.
68, p. 774), withdrew its proposal on account of adverse criticism.
New Electric Lines. The company in Nov., 1899, was using Its un;
—
derground electric system on Eighth Avenue line from 158th to Battery
Place; over the entire Fourth Avenue line; over the greater portion
of the Second Ave. line, and over the Sixth Ave. line via 59th Street
and Amsterdam Ave. The Broadway cable also was being prepared
for operation with the same motive system.— V. 66, p. 337, 520, 616;
V. 67, p. 530, 736, 956.
In August, 1899, began to opera' e the Twenty-eighth Street and
Twenty-ninth Street lines exclusively with air-power cars, and is
expected to use this kind of motive power on the other cross-town
lines in the course of time.
As to the relative earning capacity of the horse, cable and under-
ground
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.
interest. Outstanding.
Maturity.
Date,
Bonds—
Stock
$45,000,000 Oct.l6 '99,1%^
CJ-J
Stock ($100), $45,000,000
A.-O.
600,000 Apr., 1920
1890
^f«.^^^«-^l Crosst. Ist M.
Metropol. r>,.«==t 1 =t ivr 5 j^^ ^^ jj 5 y. Security & Trust Co., N. Y. City.
|
Four miles additional just been
of trolley track.
of single track being built.
Officers— President, J. K. Newman; Secretary and Treas., W. V.
Crouch; Managers, Ford, Bacon & Davis.— V. 66, p. 520; V. 68, p. 429.
Organization— Chartered July l, 1887.
Dale, interest.
Stock & Bonds—
57
electric lines of the
system see President Vreelaud's
state-
ment in V. 67, p. 956; also V. 60, p. 489.
The New York Gas & Electric Light, Heat A PowerCo., Incorporated
In Nov., 1898, with capital of $25,000,000, will distribute to the pub-
together with its own current, the surplus current of the Metro
polltan St. Ry.— V. 67, p. 1263. The Metropolitan St. Ry. is largely
Interested In the International and American Air Power Co.— V. 68, p.
180. In November, 1899, President Vreeland was quoted as saying
that the American Air Power Co to the presidency of which he had
lic,
,
—
. .
|
2d Ave., stock (unofficial) abt 1,240,000
400,000
Cent. Cross.. stk.Cunoff.) over
Real Estate—The real estate in New York City (see V. 65, p. 826)
owned in fee, subject to the general mortgage & collateral trust
deed of 1897 (including $2,450,000 subject to the prior lien of the
84th
St.
CroBst'n
(all), stock..
1,000,000
I
Lexington Avenue mortgage) was valued in October, 1897, at $3,681.
owned by subsidiary companies, $8,389,750; total, $12,071,719.
General Finances.— in July, 1897, $12,500,000 of general mortgage and collateral trust bonds were sold to provide for changes inmotive power, etc. The Second Avenue RR. was taken over under
lease March 1. 1898, dividends of 8 per cent (after March 1, 1901, 9
per centi l)eing guaranteed. In 1898, the Second Avenue Company
made a mortgage for $7,000,000.
In Aug., 1899, $15,000,000 additional stock was authorized (making
$45,000,000), of which $10,000,000 was allotted to stockholders at
par in exchange for the $6,000,000 debenture certificates (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.
969;
69, p. 27.
Latest Earnings— Three months
to Sept. 30:
Charges.
Other inc.
Surplus.
$1,844,214 $77,353 $1,130,3:10 $791,737
551.810
1,117,680
1,571,975
97,515
Annual Report— Full statement for year ending June 30, 1899,
in V. 69, p. 489 and p. 904, showing on the same basis of mileage Irt
the last two years
(Irons.
1899
1898
$3,560,827
3,120,371
Net.
—
t
.
.
:
STREET RAILWAYS.
68
1897
lEt98-P.
Gross earnings.
Net eariiiuc:*
Other income.
.
Total net
5.10-,>
90
343,646
,
I
».'>.455,536
I
$«.
,477,757
8.609,9 '6
Bal. for div'ds.$8,63».u55
»1,845,570
'nterest
Rentals..
'.
I
Tta,.
)
PfWS. Transftrs.
28,450,9H6
1 45,965, 2M
9,671,697
1119,686,472
6,306,645
107,036.624
3,2(13,832
63,011,785
2,645,800
45,239,670
J/iffS. Paj/'O
l81».'>-96.
..
l-<y4-iJ5.
...
1893-94
1892-03
1891-92..
172
140
131
80
61
.
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
100
$650,000 Pee text
Q. -J.
8
180 000 Oct. 1,1918
IstM. ext. Inl898
l,00ii
4
A. -O.
30,000
RealestateM
M.-N.
The $180,000 Ists were extended 20 yrs. from Oct. 1, 1898. V. 67, p.
Stock
The dividends paid out in 1898-9 called for $2,471,675.
The following sbow.s the growth of the company's system.
LINES INCLUDED IN EARNS. — (Conc'l
ALL LINES CONTROLLED.
Year.
Miles. Pay'o PaKS. 7'rnnsfers.
1898-99.... v>27 254,205,493 130,365,161
1897-98
227 227 301,2i.« 10V,77J,' 12
le96-97.
227 211.614,558
72,269.889
LINE.S INCLUDED IN EAKNIN08.
1897-98
9O..S80,411
198,770,109
1896-97. .. ISO 177,338,677 56,929,611
CHRISTOPHER <& TENTH STREETS RR.—A horse road.
(5)
Taxes
tlO,73u.474
Inc. t7,116,8l2
1^97-8.
18t8-».
8.
3,lft8,rti0
6,~4»,9lM
3B6,8 .3
Officers— President. H. H. Vreeland; Vice-President D. B. Hasbrouck; Secretary, C. E. Warren; Treasurer, H. 8. Beattie; Purchasing
Agent, A. C. TuUy. Office, 621 Broadway, N. Y. Directors -P. A. BWidener, W. L. Elkins. Thos. Dolan, Thos. F. Ryan, Herbert H. Vreeland, D. B. Hasbrouck, Chas. E, .Warren, Henry A. Robinson and H. P.
Whitney.—V. 67, p. 126, 178, 320, 530, 677, 690, 736, 901, 956, 1110,
1207, 1263. V. 68, p. 130, 380, 429, 430, 619, 774, 928, 1077, 1182.
\V. 69, p. 27, 180, 283, 334, 489, 492, 542, 591, 645, 904. 1062.
370.
BLEECKER STREET & FULTON FERRY RR.—A
(1)
Organization— Chartered Dec.
12, 1864.
(6)
Ry. Co.
Ry., rental 7 per
st.
Jan. 10, 1876 for 99 years lease assigned to Met. St.
cent on $700,000 bonds and li^ per cent per annum on stock.
Outstanding.
Maturity, etc.
interest.
Stock Bonds— Pc^r.
II2J.-J.
See text
-Stock
100
$900,000
Jan.. 1. 1900
700,000
.l8t mortgage
1,000
7 J.-J.
Road.— 23d St., N. R., to Fulton Ferry, 4^2 miles; 23d St., N. R., to
'Union Square, 1% miles: second track, 6H miles. Total line, 1214 miles.
;
&
BROADWAY & SEVENTH AVENUE-A horse
(2)
and cable road.
Leased May 13, 1890,
26, 1864.
tor unexpired term of charter and for any extensions of the same
to Houston West St. «fe Pavonla Ferry, now Metropolitan St. Ry. Co.
Rental— Interest on bonds and 10 per cent on $2,100,000 stock, of
Organization—Chartered May
which Metropolitan Street Ry. Co. Sept. 30, 1897. owned $1,406,200.
Bonds—
Outstanding.
Maturity.
$2,100,000 See text
Is Mortgage of 1883
1901
1,000
5 J. - D.
1,500,000 June,
-2d Mortgage of 1884.... 1,000
5 J. - J.
500,000 July,
1914
B'way Surface 1st guar.. 1,000
1924
5 J. - J.
1,500,000 July,
1905
do 2d M. int. as rent.. 1,000
5 J. - J.
1,000,000 July,
80. Ferry Ist guar
350,000 Apr. 1, 1919
1,000
5 A. - O.
By.&7thAv. Con. M.of) 1,000 5 g. J.-D.
7,650,000 Dec. 1, 1943
'93 for $12,500,000. s Interest at Guaranty Trust Co. of New York.
Stock
dk
Par.
interest.
100
Stock
10
Q.—
—V.
'
consol. mart, 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, etc. Trustee, Guaranty Trust Co.
The Broadway & 7th Avenue assumed the Broadivay Surface
Ist mortgage bonds for $1,125,000 and payment of interest on the second mortgage bonds for $1,000,000, for use of tracks between 15th
Street and ferry. South Ferry 5s. assumed under lease.
Miles.
Operates under contract.
Miles.
Road Owns in fee.
;
—
15th St. down B'way to Bowl& 7th Av. to Barclay
4'22
and Broadway
ing Green (B'dway Surface) 2-51
51st St. and 7th Ave. to Park
Vesey St. to South Ferry
061
4-00 Second track
Place and Broadway
312
59th
St.
St.
822
Second track
22*68
Total track operated
Index— V.
58, p.
77.7.
Office
761 Seventh Ave.
Stock
&
Bonds.— Par.
Road— OnSthAve.
Vesey
St. to
Index— V.
Outstand'g
$1,000,000
1,000,000
Second track
interest.
100
100
Quar.
6F. i& A.
Jlfi/cs.
Harlem River
I
Stock
&
1001, 1042.
Par.
Bonds.—
p.
10 Weight of rail
364, 871, 925, 967; V. 62,
interest. Outsland'g.
Q. - J. $600,000
M. - N. 250,000
>
;
Latest EARNINGS-Three months to Sept. 30
Gross.
3 months—
Net.
Olh.income.
Charges
$27,388
27,482
1899
1898
Tr. to
June 30.
1899.
(4)
(See V. 67,
1898.
Surplus.
$18,292
14,307
p,
1899.
JnteTe^t
Surplus
f.®.^! }
951):
1898.
$113,673 $109,866
81,023
70,473
CENTRAL PARK NORTH & EAST RIVER. -Horse road.
Organization— Chartered July
19. 1860.
Lease— Leased
to Metrorenewals thereof
politan Ry. Co. Oct. 14, 1892, for length of charter and
at 8 per cent on stock till Oct. 1, 1897, thereafter 9 per cent (V. 55, p.
894). Metropolitan St. Ry. owned in Oct., 1897, $300,000 of the stock.
Par. interest. Outstanding. Maturity.
Bonds—
Stock
Stock. (See rental below.).. 100 text Q.—J. 1.800,000
See text
Istmortgage
1,000 7 J.— D.
1,200,000 Dec. 1902
Coupons payable at Bank of New Amsterdam, New York City.
Lines Owned.
Miles.
Lines Leased.
Mites.
Road
Various portions of road.
54th St. & 10th Ave. East
31a
913 Second track
and West to South Ferry.
31a
912
Second track
Total operated.
Weight of rail jjejr jard--.. .60 lbs.
26
&
—
.
p. 40.
FORT GKORGE& ELEVENTH AV. RR.—To be an underground
(7)
trolley road.
Organization— Incorporated in Nov., 1898, in the interest of the
Met. St. Ry. to build a line 1,500 feet long on Eleventh Ave., between
Kin?sbridge road and l"5th St. and another ot 13 miles from Manhattan Ave. and 116th St. to northerly limits of New York City at
Kingsbridge road, with numerous branches. Stock authorized, $3,OC 0.000. V. 67, p. 1109. Nothing done up to November, 1899.
(8)
FORTY-SECOND
& GRAND
ST.
ST.
FERRY—A
horse railroad.
16, 1863. Leased to Metropolitan Street Railway Co. from May 13, 1893, for duration of charter and
renewals thereof at 18 per cent on stock, payable in lawful money.
Met. St. Ry. in Oct., 1897, owned $400,000 of the stock.
Organization— Chartered February
—
&
Stock Bonds Par.
Stock
100
Ist M. extended.... 1,000
Outstanding.
interest.
Maturity.
18 Q.— F.
6 J.-J.
See text.
$748,000
Jan. 1,1909
236,000
Road— Company owns 42dSt., North River to Grand St. Ferry, East
River, 4*33 miles; second track, 433; total owned, 8*66.
(9)
FULTON STREET RAILROAD—A horse road.
Organization.- Stock
Stock
&
Bonds—
all
controlled
Date,
by the Metropolitan
interest.
Outstanding.
St.
Ry.
Maturity.
$500,000
500,000 Nov. 1,1995
<
1895 4g. M-N
p. and i. Met. St.Ry.o* I Trustee, Guaranty Trust Co. of New York.
Earnings— For year ending June 30, 1899, gross, $47,303; net,
$13,882; deficit below charges, $7,672.
Road—The road constructed consists of 2 miles of track extending
from Fulton Ferry along Fulton Street to West Street to Cortlandt
Street Ferry and to Barclay Street Ferry. INDEX.— V. 62, p. 277.
Stock, $500,000
lstM.,g.,($l,000),guar.
NEW YORK & 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 electric
(10)
being described under the title New
railroads in the Investors' Supplement.
In July, 1899, the Metropolitan Street Railway Co. bought from the
New York & Harlem the car-stable properties at Thirty-second Street
and Fourth Avenue and at 86th St. and Madison Ave for $1,350,000.
roads as well as the steam
line,
York & Harlem among steam
69, p. 180, 542, 591.
electric (formerly horse) lines (19'32 miles of track) were leased
to the Metropolitan Street Ry. for 999 years from July 1, 1896, for a
rental 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.
The
Miles.
Road— (Street Ry. only). Miles.
Second track
& Madison Ave. line. Post
9-66
\
Maturity.
Stock (.$600,000/
100 7
See text
Istmortgage
1,000 6
Nov., 19
Dividends.— In fiscal year 1893-4 paid 7 p. c; in 1894-5, 7 p. c;
1895-6, 8^ p. c; in 1896-7, 10 In 1897-8, 10; in 1898-99, 10 p. c.
Miles.
Operated under tease.
Miles.
Road— 0?«»ied in fee.
23d St. and East River to HoChristopher & 10th St. RR
3%
bokon Ferry
2
Second track
3%
Second track
. 2
14
hidings
Total track
11%
Gross earnings. $603,307$576,995
179,407 184,529
Net
Other income...
4,739
6,360
1914
10
60 lbs.
Feb.,
|
59, p. 780; v. 61, p.
4th
$147,900
$44,362
$1,318
144,310
40,626
1,163
Annual Report— For years ending June 30.
Maturity.
See text.
—V.
(3) CENTRAL CROSSTOWN RR.—A horse road.
Organization- Chartered March 28, 1873. May 28, 1890, leased
the Christopher & Tenth St. RR. at 8 p. c. on stock and interest on debt.
In May, 1897, control was obtained in the interest of the Metropolitan St. Ry., which in October, 1897, was said to own over $400,000 cf
the stock.— V. 64,
67, p. 370.
—
.
Of the
owned
Organization Chartered Jan. 10,1858. Road is leased to Metropolitan Street Ry. for 99 years from Jan. 1, 1896, at rental of $215,000
per annum, which provides for interest on the scrip, 15 per cent dividends on stock and $5,000 additional. V. 62, p. 40. Underground
electric traction system used l>etween 158th and Battery Place. V.
67, p. 178, 956.
Scrip
horse road.
Leased to 23d
Total
,
EIGHTH AVENUE RR.— Underground trolley road.
Stock
Companies controlled by metropolitan Street Ry.
3%
7^
Second track
Christopher St. Ferry to 10th
St. Ferry, East River
2H
Chrls.St.Fer.tol4thSt.&4thav.li4
|
Ottice to
Mott Haven
8-63
1'03
1
Totaltraok
19-32
Officers— President, William K. Vanderbilt.—V.
62, p. 1088; V. 69,
Branches
p. 180,
542,
.'i91,
I
645.
(11) NINTH AVENUE RAILROAD—A horse
railroad.
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 eaual to 6 per cent on
capital stock (.$800,000), and thereafter $64,000—8 per cent on same.
Stock, $800,000; par $100; dividends, Q.—J. Road— Fulton Street to
125th Street, 8 miles; second track, 7-26 miles.
Organization—Chartered July
29, 1859.
(12) SECOND AVENUE RR.—Mostly underground electric.
Organization.—Chartered Jan. l, 1853. Leased for length of charter to the Metropolitan Street Ry. at 8 p. c. on the stock for three years
from March 1, 1898, and 9 p. c. thereafter.- V. 66, p. 185. Changed
to underground electric system in April, 1898, as far as Stuyvesant
Square, cars running thence over 4th Avenue line to City Hall.
—
Outstand'g. Dividend,<6c.
interest.
See text.
8 Q.— M.
$1,862,0()0
N.
1,600,000 Nov., 1909
1,000 5 M.
Istmortgage
240,000 Jan., 1909
1,000 5 J. & J.
Debentures
3,.570,000 Feb.1,1948
1st Con.M.,g.,$7.000,000) 1,000 5 g. F. & A.
1897,guar.,p..fel.end.c' \ Guaranty Trust Co., Trustee.
Of new 1st consoL 5s, $1,960,000 are reserved to retire securities of
earlier date, balance for improvements, equip., etc. V. 66, p. 900.
Miles,
Mites.
Road—
13ia
Second track
2d Av., Harlem Riv. tojPeck Slip. 8
1
2
Sidings
Branch to 92d St. Ferry
28
Branch to 59th St. and Ist AV..313 lotal track owned
.'60 lbs.
Weight of rails, per yard.
InDEX-V. 65, p. 276; V. 66, p, 61g, 900.
Securities
Stock
'
Par.
100
&
STREET RAILWAYS.
(13)
SIXTH AVENUE RAILROAD— Underground
Road— Owned.
trolley.
Organization— Leased to Metropolitan Street Ry. Co. Feb. l, 1892,
for 800 years. Rental now $145,000 per annum. (V. 61, p. 925.)
Stock, $2,000,000; par, $100. Road owned— 6tli Avenue, 59th Street to
Canal Street, 3-44 miles; second track, 3-44 miles; sidings, -75 mile.
Owned jointly with Eighth Avenue Co., Canal and Varick streets to
Broadway and Vesey Street, 1'26 miles. Total track (rail 60 lbs.), 8'14
miles.
In Feb., 1899, began operating underground trolley all the
way to Battery Place. See V. 67, p. 178, 736, 9S6.
(li) THIRTY-FOURTH STREET CROSSTOWN RY.—A horse road.
The air motor system to be used.—V. 68, p. 130.
Organization—Chartered March 18, 1896, being a consolidation of
the Thirty-Fourth Street RR. Co. and the Thirty-fourth Street Ferry
A Eleventh Avenue RR. Co. The stock of the Thirty-fourth Street
Crosstown Ry. Co. is all owned by the Metropolitan Traction Co.
Mat^irittj.
Interest. Outstanding,
Date.
S'
K AND Bonds—
>
$1,000,00U
Stock
Apl. 1,1996.
5 A-O
1,000.000
1896
let M. ($1,000), g'lar. 5
Trustee, Central Trust Co., N. Y.
p. and i. Met. St. Ry.. (
Road—The road constructed consists of 1-74 miles of track owned
•xtending from foot of East 34th Street to foot We.st 34th Street, with
trackage to 42d Street Ferry, etc.— V. 60, p. 83; V. 62, p. 549.
Earnings.— Gross, year ending June 30, 1809, $336,038; net, $147,861; surplus above charges. $92,966, which was paid over to Metropolitan Street Railway Co.
(15) TWENTY-EIGHTH AND TWENTY-NINTH STREETS CROSSTOWN RAILROAD— Uses air motor system.
Organization—The Metropolitan Traction purchased the property
In September, 1896, owning in Oct., 1897, all the stock and $1,000,000
ot the bonds. In Dec, 1893. the new air compressor and power house
were practically completed, and
motor system exclusively.— V. 69,
&
in
p.
August, 1899, began using
air-
283.
Outstanding.
Maturity.
$1,500,000
> 1896
5g. A-O
1,500,000 Oct. 1, 1996
s Trustee, Central Trust, New York.
Road Main track and branches, 2% miles total, tnoluding sidings,
etc., 5-68 raUes.— V. 63, p. 602, 661, 839.
Earnings- For year ending June 30, 1899, gross, $135,900; net
$63,869; deficit below charges, $18,417.
Stock
Bonds—
Date,
—
;
(16) TWENTY-THIRD STREET RAILWAY— Began to run some airpower cars the latter part of April, 1899.— V. 68, p. 130, 928.
Organization—Chartered Jan. 29, 1872. Leased to the Metropolitan
Street Railway Co. for the unexpired term of the charter and for any
extensions of the same. Rental is 18 per cent per annum on stock.
&
Par.
100
) ,
>
nnr,
1,000
18
a
6
b
Maturity.
See text.
Outstand'g.
interest.
1893
'..1,000
Debentures
5
Miles.
Road Lines oioned.
23d St. North to East River... 1-58
0-20
Branch to 34th St. Ferry
1-92
Second track
Weight of rails
47 lbs.
—
Q.-F.
t t
j.-j.
J.-J.
$600,000
250,000
150,000
Jan.
1,
1909.
Jan., 1906
Lines leased.
Miles
Bleecker St.& Fulton Ferry RR.
23d St. to Fulton Ferry, etc. 14ie
Total track operated
THIRD AVENUE RAILROAD— Undeground
17*84
trolley.
Organization.— Chartered Oct. 8, 1853. A cable road from Dec. 5
1893, but In 1899 changed to underground trolley— the 125th Street
line Sept. 29, 1899, the Third Avenue line above 65th Street Oct. 22,
1899, and the Third Avenue line below 65th Street on Nov. 19,
In Nov., 1895, purchased control of the 42 d Street Manhattanville & St. Nicholas Ave. line. See V. 61, p. 872, 926. Control of Dry
DockE.B. &B. was obtained Aug. 23, 1897. (V. 65, p. 194). In January, 1898, a majority of the stock of Union Rv., N. Y., was purohased.— V. 66, p. 135. In Sept., 1898, Union Ry. purchased Yonkers
Ra. V. 67, p. 635. In April, 1899. the Tarrytown White Plains*
Mamaroneck Ry. was acquired by the Union Railway.— V. 68. p. 674.
In Dec, 1898, the contract for the electrical equipment of the lines
was let, involving the expenditure of about $5,0o0,000. Work completed In 1899 as above.— V. 67, p. 1264.
A trafHc 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. Nicholau
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.
In Nov., 1899, was reported to have closed a contract with the Electric Storage Battery Co. for storage batteries having an aggregate of
about 10,000 horse power.
interest.
Outstanding. Lastdiv.,<6c
Stock
Bonds. Par.
8toob,$40,000,0 10. 100
Q.— F.
.$16,000,00() Nov.29,'99,li4
Ist mortage, gold. 1,000
5 g. J. & J.
5,000,000 July 1,1937
There are other mortgages outstanding for $106,000.
Loans and bills payable June 30, 1899, were $13,385,122.
Stock— In October, 1898, $2,000,000 new stock was Issued, making
total then outstanding $12,000,000.
The proceeds "were to be
used for the purpose of providing funds to chanire the cable system to
the underground electrical system upon the Third Avenue, 125th
Street and Tenth Avenue lines." This new stock was offered to stockholders at par. In July stockholders voted to Increase stock from
$12,000,000 to $40,000,000. The stock is to be issued as required to
pay for Improvements and to extinguish the floating debt, which on
June 30, 1899, amounted to 1313 million dollars.— V. 69, p. 29,182.
FlvemllllonsU to beused in taking up the $5,000,000 of new stock
to be Issued by the 42d Street 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.
1899.
&
Controlled but oper. sepa-
10th Av., 125th to 186th sts..
Srtcond track
3^4
14
Miles.
rately.
2^ Dry Dock
& Bat.
Ry.. 10-4
42dStMan.&3t. Nich. Ave. 12-4516-20
Union Ry
10*00
Yonkers RR
E. B.
&
Tarrytown White Plains
Mamaroneck
Dividends— In 1892, 7
20"0O
c; in 1893, 4 p. c; in 1894, 8 p. c; in 1895,
9 p. c; in 1896, 9^^ p. c; in 1897, 8>4 p. c; in 1898, Feb., 2 p. c; May,
2 P.O.; Aug., 2 p. c; Nov., 1% P.O.; in 1899, Feb., 134p. c.; May, l%p. o.;
Aug., 1% p. c; Nov., II4 p. c.
Annual Report.— Annual report In V. 69, p. 1059, showed:
1899.
1898.
1897.
Years ending Oct. 3\—
$2,570,842^
$2,098,871
$2,3.59,799
Gross earnings
706,472
1,126,194
Netearuings
1,079,334
p.
680,932
42,316
47,36*
$1,387,404
366,020
(7%) 810,000
$1,121,650
369,578
(8%) 800,000
$1,173,562
sur.$181,384
def.$47,928
def.$48,724
Other income
Total income
Taxes and interest
Dividends
Balance
BALANCE SHEET JUNE
18»9.
$
»
equipment
17,0i2,947
Permanent invest
11,194,050
ments
8,980,264
OperatlnKacc'ts.. 2,1H7,093
Cash..
324,051
..
179,541
25,065,280
30,749,011
1898.
$
10,000,000
5,000,000
Funded debt.
13,3'»5,192
Loans
91,000
Bonds and morta
Inf.dueandafc'd 125,000
9,fl9.<<,348
147,919
106,000
1V5,000
104,482
36,450
30,749,041
25,065,280
Accounts payable
Profit
Total
1899.
$
12,000.000
6,000,000
—
Liabilities
Caiiital stock.
16,905,475
850,000
30.
1898.
A»seti—
Cost of road anrt
372,286-
& loss, sur..
Total
Officers.— President, A. J. Ellas. Offloe,65th street and Third Ave.
Index—V. 67, p. 899, 1053, 1110, 1209, 1264, 1309, 1358; V, 68, p.
430, 525, 672, 674, 772, 872. 926, 1026; V. 69
383, 386, 441, 696, 744, 795, 907, J 059, 1063.
,
p. 29,
133, 182, 334,.
DRY DOCK EAST BROADWAY & BATTERY— Horse road.
(1)
Organization— Control obtained by Third Ave. RR. Aug. 23, 1897,
Underground trolley is proposed In place of horses.
Par.
Interest.
interest.
Outstand'g.
Maturity.
Stock & Bonds—
Q.— F. $1,200,000
100 6
See text.
Stock.....:
950,000
Deo. 1, 1932
Newmort., gold, 1892.. 1,000 5 g. J. - D.
V. 65, p. 194.
'
100 5
Cert.ofdebtnotsub.toc.
Road— (60-lb.
Main
F. - A.
1,100,000
Feb.
1914'
Miles.
4*3
20-2-
Miles.
rails).
10*4
line
5*7
Second track.
Sidings
Total owned
for fiscal year ending June 30: 1891-92'
1892-93, 6 per cent; 1893-94, 2^ per cent; 1894-95, 413
Nov.,li2p. c; in 1896, 6 p. c. in
percent; 1895, August, II2 p. c
1897, Feb., 1^ p. c; in 1898, Feb., IJ3 p. c; May, l^^ p. c; Aug., l^a
p. c; Nov., l^a p. c; in 1899, May, (Feb. div. was passed), 1^2 p. c;
Aug., 11^ p. c; November dividend was passed.
Dividends— Since 1891,
5 per cent;
;
;
Bonds.—
Stock
l8tM.,$250.C00,ext.
in
Miles.
8^4
City Hall via 3dav. to 130th St.
Korth River to 125th St., E.R.
interest.
Stock. $1,500,000 ($100)
Ist M., $1,500.000 ($1,000)
gu.p<tiend.,M. St. Ry.g.c*
Stock
59
Earnings-— Three months
to Sept. 30.
Oth. Inc.
Charges
Surplus.
$48,968
$399
$33,443
$15,914
440
163,369
32,479
48,781
16,742
Annual Report—Fiscal year ends June 30. Results for 1898-9Net.
Gross.
$16-1,932
1899
ls98
are as follows:
Tr.e7id.J'ne30. 1899.
1898.
1899.
1898.
Gross earns... $630,599 $669,713 Taxes, etc.. $130,873
166,392 201,638 Interest
Net
1,723
5,754 Dividends.. (4i«)54,000
Other income..
$131,798
(6)72,000-
Net income.. $168, 115 $207,392 Balance.. ..def.$16,758 8ur.$3,594
Index -V. 64, p. 843, 1041; V. 65, p. 194. 668; V. 67, p. 952.
(2)
FORTY-SECOND
ST.
MANHATTANVILLE &
ST.
NICHOLAS
AVE. RY.— A horse road.
Organization— Chartered Aug. 29, 1878, In November, 1895, contro'
was purchased by the Third Avenue RR. bee V. 61, p. 926. Motive
power is being changed to underground electric system.
interest.
Outstand'g
Stock & Bonds.— Par.
100
8t'k(aut'd $7,500,0 00)
\'^'^^^
Istmortffase
Ist mortgage
^
M-S
$2,500,000
1,200,000
Maturity.
Moh
ib'io
Interest at Union Trust, N. Y. City.
68.... 1,000 6% as earned.
1,500.000
Jan.,
^
2dmort. income
1915
Real estate mortgage
100,000
5%
In July voted to increase stock from $2,500,000 to $7,500,000.— V.
69, p. 182. The additional stock will be taken by the Third Ave. Co.
Road—
Miles
2-76
Miles.
42d St. No. River to E. River. 197 Other mileage
59th St. via 10th Ave. to ManBranches
hat. St
329 Second track
42d St. via 7th Ave., etc.. to
Boulevard, etc
402
Total owned
'41
12-45
24-90
Annual Report—
rr. end.
/wnc 30.
1899.
1898.
Gross earnings. $571,046 $703,975
def.9,184
Net
77,814
1,167
Other income...
833
Gross income. def.8,017
78,647
.
Index— V.
(3)
63, p.
1898.
1899.
Int.,rentals
and
$118,045 $115,456
taxes
Balance
for
year
def.126,062 df.36.809
838; V. 64, p. 330; V. 69, p. 441.
UNION RAILWAY OF NEW YORK— A
trolley road.
Organization— Operates from 129th St. and 3d Ave. through
the Borough of the Bronx, and with subsidiary lines, continuing thence
to and through Mt. Vernon. Extensions projected from New Rochelle,
through Larchmont, Mamaroneck, Harrison, Rye and Portchester to
the Connecticut line.
Third Avenue RR.
in
Control.—Controlled by Third Ave.
R.R.,.
which
in Jan., 1898, purchased a majority of the stock.- V. 66, p. 135.
In Sept., 1898, the Union Ry. purchased Yonkers
guar, and will
RR
antee its $1,000,000 bonds, this guaranty being accepted by the Third
Ave. V. 67, p. 635.
In April, 1899, arranged to extend Its 161st Street line to the terminus of the Manhattan Elevated at 155th Street and Eighth Avenue^
and also an extension to connect with the Fort George line on Tenth
Avenue, this being a feature of the system of transfers inaugurated
between the Third Avenue RR. and the Elevated.
.
:
:
::
STREET RAILWAYS.
60
Outstand'g. Last div., <6c,
Interest.
Stock & Bonds.— Par.
100
$2,000,000
Stock
2,000,000 Aug. 1, 1942
1,000 5g. F.-A.
l8t mort 1892, gold. \ Int.
is payable at Central Trust Co., N. Y. City.
—
Guaranteed Loans
1943
500,000
Westch. l8t M.,gu.,p.&l.. 1,000 5g. J.-J.
250,000 July 1, 1945
So. Boule. RR. Ist.gold.
5g. J. -J.
Yonker.s RR. let M.,)
600,000 Apr. 1, 1946
5A.-0.
$1.000,000,
gu..
,
'96,
J
Road—
Total of
Miles.
Miles.
Main line (single track)
Branches (.single track)
Second track
Under agreement
all
track
.
5-36
Westchester Electric
Southern Boulevard
.1902
54'24
;
NEWARK, N. J.— (See Jersey City, N. J.)
Population 1890 was 181,830; in 1880 was 136,508
AND IN 1870 was 105,059.
2104
700
1000
Yonkers RR
Weight ol rail per yard 70 to 90 lbs.
.23-88
5-98
.
owned
par, $100
all issued.
Bonds, $1,000,000, have been authorized and
Issued. Directors; F. D. Moffat, E. F. Moffat, Charles Buse, K. 8.
Hogg, E. L. Conant, H. W. Thayer, H. W. Bean, M. E. Gill and J. P.
Sheffield.— V. 65. p. 1173; V. 67, p. 428. 488.
NEWARK,
|
.Earnings.-Three months to Sept. 30
UNION RAILWAY.
Oross.
$94,934
89,123
$43,540
39,510
$167
Surplus.
$51,385
49,780
WESTCHESTER ELECTBIC.
Oross.
Charges.
Net.
Balance.
surp. *383
$7,148
$51,464
$7,531
6,209
38,049
13,759
7,550
ANNtJAL Report— For year ending June 30,1899, was as follows:
1899
1898
1899.
Yr.end.J'neZO.
1899.
1898.
Total net inc. .$225,176 $224,867
224,199 Int., taxes, etc. 154.335 144,709
80,158
668 Balance, surp.. 70,841
ENDING JUNE 30, 1899.
1898.
-Gross earnings. $671,244 $612,831
Net
224,609
567
Other income...
YEAR
.
Total
Gross.
Net.
Union Railway
$671,244
Westchester Elect. 133,254
South. Boulevard.
44,836
$224,609
$849,334
$252,587
14,341
13,637
.
INDEX-V. 66.p.
135, 343, 1142;
income,
$22.S,176
14,341
13,«37
Int., rentals
and iaxex. Surplus.
$253,154 $199,019 $54,135
951, 1209; V.
V. 67, p. 635, 905,
75.
Date.
&
p.
interest. Outstanding. Maturity.
Stock
Bonds Stock ($300,000), par $25
$300,000
1st mortgage $100,000,) 1988
5g M&S
300,000 Mar.1,1928
gold ($1,000 each)
Knickerbocker Trust Co., N. Y., trustee.
i
Latest Earnings—Three months to Sept. 30
3 mos.
Oross.
Net.
0th. inc. Charges. Surplus.
i899
$9,681
$19,676
$5,418
$9
$4,272
1898
11,900
3,252
443
2,809
67, p. 75, 435; V. 68. p. 674.
(4)
Sept., 1898, sold to the
Union Ry., which guar-
antees $1,000,000 bonds, principal and interest, this guaranty being
accepted by the Third Ave. RR. See New York.— V. 67, p. 635.
Date.
Outstatid'g.
interest.
Maturity.
Stock & Bonds—
Stock, $1,000,000 ($100)
$1,000,000
1st mtge., $1,000,000, gu. 1896
5 A-O
1,000.000 Apr. 1,1946
Road— Owns lO miles of track, main line; second track, ^ mile;
sidings, ^ mile; total, 11 miles.
Latest Earnings.—Three months to Sept. 30
3 mos.
Gross.
Net.
Oth. inc
Charges.
Surplus.
1899
$28,080
$223
$55,694
$15,774
$12,529
1898
47,642
164
1»,072
14,032
4,204
Annual Report— Fiscal year ends June 30.
Yr.end.JuneZO. 1898.
1897.
Oross earning8.$115,851 $104,671
Net
37,268
24,305
Other income...
417
..
—V. 62, p. 462, 644; V. 63, p. 658;
1898.
I
|
|
|
Interest...
Taxes
Balance
$35,986
I
1897.
$30,000
4,627
sr.1,699 df.10,322
V. 65, p. 515; V. 67, p. 635.
PEOPLE'S TRACTION
CO.-To
be a trolley road.
consolidation in February, 1898, of the People's
Organization—A
Traction and N. Y. Westchester & Connecticut Traction. About 68
•miles of road are projected.
Under its franchise the old People's
Company connects with Manhattan Island by proposed bridges over
the Harlem. It parallels the Harlem between 134th and 172d streets,
and its lines touch the Bronx River at Lafayette Avenue, West Farms
Road and Bronx Park. The Westchester & Connecticut has a route
from Lafayette Avenue through Bartow to the city line, and from
Bronx Park along the Boston Road to the same boundary.
In July, 189 *, purchased the North Mount Vernon Ry., built in 1896,
extending over Chester Hill from North Third Avenue, l^s miles,
and proposed at once to convert it into a trolley road and endeavor to
secure additional franchises in Mount Vernon and extend the Chester
•Hill line to White Plains and BronxviUe. In April, 1 899, the Mount
Vernon Board of Aldermen granted a fifty-year franchise. Contest in
progress with the Union Railway, or " Huckleberry " line, and aid of
courts invoked.
stock of the old companies was $2,100,000.
Vice-President, Silas B.
Officers— President, W. A. Boland
Dutcher Secretary and Treasurer, Frederick C. Cocheu. Among the
new directors are P. H. Flyun, W. A. Boland, John McCarthy, Silas B.
Dutcher, F. C. Cocheu. Joseph White and M. J. Kennedy.— V. 63, p. 969
Stock—The combined
;
:
^WALL & CORTLANDT
ST.
FERRIES RY.-
Successor to the Fulton Wall & Cortlandt Street Ferries RR. sold
under foreclosure on Aug. 25, 1898. V. 67, p. 428, 488. Projected
trom Fulton and from Wall St ferries. East River, to Cortlandt and
to Liberty St. ferries. North River, 2-7 miles. Stock, $1,000,000;
.
RY--
Co. of Chicago
1899, the
purchased the property at receiver's sale, and
the bonoholders with B. G. Dawes as agent.
is
now
operating
it
for
&
interest. Outstand'g. Maturity.
if ties. Dale,
Stock
Bonds—
Stock, $100,000, par $50
$73,000
&Granv. Elec. St. IstJ .... 1892
N.
120,000 May, 1912
M. $120,000, g., $1,000 I Equitable Trust Co., Trustee, Chicago,
do 2d M. $30,000, $5,000 ....
1892
6 A-O
30,000
1898
Road— Operates 13 ^a miles of track, connecting the city of Newark
with Granville. EARNINGS— For year ending April 7, 1898, gross, $26,210; net, def., $1,123; no interest paid.— V. 64, p. 755; V. 68, p. 1226;
V. 69, p. 492.
6gM-N
NEV/BURG,
Y.
N.
Population 1890 was 23,263; in 1880 was 18,049;
AND in 1870 WAS 17.014.
NE^VBURG ELECTRIC
RY. CO.-A
in February, 1894, to the
Organization— Successor
Ry., and on July 2, 1897, absorbed Newburg
den & Orange Lake railroads.
Date, interest.
Stock
Bond*
&
^M^'^'i'
troUeyroad.
Newburg
Street
Orange Lake and WalMaturity.
Otctst'd'ng.
$150,000
250,000
1894 6g. M-N
May 1, 1944
<Int. at Knick. Tr. Co.. Trustee, N.Y. City.
1895 6g. J-D
100,000 Junel,1945
g. I
I June, 189 -i, interest not paid when due.
Not subject to call
Walden & O. L. 1st Mort.
guar. p.
&
•
Stock $150,000, pd,r $100
1st M. ($250,000) g.,($500)
<
&
1894 6g. J-J
S^%nf^onfvi ^°*- ^* Knick. Tr.
i
...'..
^ar.
2d mort. bonds
Debenture bonds
c* S
75,000
July
1,
1944
Co., Trustee, N. Y. City.
intVat Hamilton Trust, B-klyixViVustee.
10,000
40,000
Certs, of indebtedness
Road— Owns 16-21 miles of track (including Walden & Orange
Lake 5-29 miles and Newburg & O. L. 5*40 miles).
^
Latest Earnings— Tbree months
Gross.
1899
1898
to Sept. 30
Other Income.
Net.
:
Int., tax,
die,
$19,083
$158
$9,729
167
18,987
8,967
Yearly Earnings—For the years ending June 30:
$32,813
31,652
Gross.
YONKERS RAILROAD.—A trolley road.
Organization- In
Orqanization—
lt),010 oef.2,373
(3) TARRYTOWN WHITE PLAINS & MAMARONECK (ELECTRIC) RY.—A trolley road.
Organization- Successor in 1898 to the New York Elmsford & White
Plains Ry. On April 18, 1899, control was acquired by the Union By.
—V. 68, p. 674.
Road extends from Tarrytown station on the N. Y. C. & H. R. RR.. to
Mamaroneck, on the Sound, and from Wliite Plains Station on the Harlem Road to Silver Lake Park, a total of about 20 miles. The company
will carry freight as well as passengers. Extensions from Mamaroneck
to New Rochelle, 4 miles, and from White Plains to Mt. Vernon, 12
projected.— V. 67,
CONSOLIDATED ELEC
NEWARK In August,
Equitable Trust
$154,335 $70,841
28,674 df.14,333
69, p. 441.
inlles, are
OHIO.
POPULATio» 1890 WAS 14,270; in 1880 was 9,600;
AND IN 1870 WAS 6,698.
Other income. Charges.
Net.
$211,748
193,620
1899
1898
—V,
;
Net.
Oth. Inc.
Int., tax, <£c.
1893-9
$632
$36,874
$86,334
1897-8
83,255
34,041
622
1896-7
83,173
33,468
497
President, A. J. Pouch, Newburg, N. Y.
-V. 66, p. 1090 V. 67, p. 1056.
$36,610
36,599
32,718
Surplus.
$9,512
10,187
Bal.,sur.
def. 1,936
1,248
;
NEWBURYPORT, MASS.
Population in 1895 was 14,552; in 1890 was 13,947;
IN 1880 WAS 13,538; and in 1870 was 12,595.
NEWBURYPORT
&
ROAD.— A trolley road.
AMESBURY RAIL-
Road was sold at foreclosure March 28, 1899, for $190,000, and
application made In April for the incorporation of the Citizens' ElecIn May, 1899, the new
tric Street Railway with a capital of $190,000
company assumed control Old securities were:
Date. Interest.
Outstand'g.
Maturity,
Old Securities—
Capital stock ($100)
$80,000
Mar. 1, 1912
5g.
350,000
1st mortgage, gold
Apr. 1, 1907
1897
Debentures
5 p. c.
8,000
'93
140.953
Loans .fenotes payable Oct. 1,
Road— Owns 18 miles of main track and 1-73 miles sidings, etc., In
M-S
Newburyport, Amesbury, Merrimac and Newbury.
Earnings— For years ending Sei)t. 30 earnings have been
189S.
T898
1897.
Gross earnings.. $59, 892 $60,897 Int., taxes, etc.. $16,480
Net
4,964
19,085 Surp. for year. df.ll,5l6
Officers— Superintendent,
C. F.
1897
$25,123
10,124
Tot. sur. Sep.30.d.l5,913 df.3,913
Dennis.—V. 67, p. 690; V. 68, p.
619, 672.
NEWPORT NEWS,
was
Population 1890
VA.
4,490.
NEWPORT NEWS AND OLD POINT RAIL-
WAY & electric1898 purchased
the Newport News Hampton
Point Railway and acquired the Chesapeake Light & Power Co.
at Hampton, Va. Also has ice plant. Extensive Improvements are
projected. Population served estimated in 1899 at 4 0,000.
In July, 1899, it was announced that the company had (through
Messrs. Alex. Brown & Son, of Paltimore, who are largely interested
in the Newport News & Old Point Railway) acquired the Peninsular
Electric Light & Power Co. and also the Peninsula Railway, a projected
opposition line.
Maturity
Date,
interest. Outstanding.
Bonds—
Stock
Organization— In
& Old
&
$1,000,000
^^par'llOo'^^'^^^'^^^i
5
Tc.'c^mt'l"Sa^}
Ist M., $900,000, gold,
.
($1,000 eachic*.
_
400,000 July5,'99,2..%
Nov. 1,1938
900,000
5 g M-N
.
..
„
^.
Int. at Alex. Brown & Sons, Baltimore, Md.
>
1898
.
.
STREET RAILWAYS.
The Maryland Trust Co., Baltimore, is trustee of the mortgage.
Bonds are subject to call at 110 on any Interest day on 60 days notice.
Earnings— The combined earnings of the constituent companies
have been as follows Six months ending Oct. 31, 189«, gross, $112,153; expenses, $59,489; net income, $52,654. Year ending April 30,
:
1898, gross, $170,899; net income. $87,389. In 1996-97, gross, $152,959; net income, $62,136. Average net income for 2 ig years, $80,872.
Road— Owns and operates 22 14 miles of trolley road, having constructed 5 miles of add tional track in 1899, the greater part being
laid with 92-piund girder rail. A new power plant of 2,000 h. p.
capacity for supplying light and power and furnishing current for the
railway is now under construction. It also contains a large ice plant.
Officers— President, W. J. Payne, Richmond, Va.; Vice Pres., L. P.
Steames, Newport News: Sec'y, D. C. ZoUikoffer, Richmond, Va.;
Treas., H. L. Schmelz, Hampton, Va.— V. 67, p. 902, 1055.
PENINSULAR RY.—
Work on this line Is now neari g
completion, as only 2^2 miles of the 6 miles of track contemplated are
yet to be llnished. Messrs. Alexander Brown & Son oi Baltimore
have acquired possession in the Interest 01 the Newport News & Old
Point Railway & Electric Co. and although it will be operated as an
independent company, it will be directly controlled by the Newpoit
News & O. P. Ry. & E. Co.
NEWTON, MASS.
Population in 1895 was 27,590; in 1890 was 24,379;
and in 1870 was 12.825.
IN 1880 WAS 16,995
;
COMMONWEALTH AVENUE
ST.
NIAGARA FALLS,
Organization— Commenced operations March 28, 1896. Mortgage,
p. c. gold $500 c* bonds, dated Feb. 1, 1896, due Feb.
^75,000 of 5
1916; Interest P. & A., at office of trustee. International Trust Co.,
Boston. In Nov., 1898, the Masiachusetts RR. Commissioners authorized increase of stock from $175,000 to $258,000 to fund floating
debt incurred for construction and improvements. In Aug. company
received permission to increase amount to $290,000, $30,000 to be
used for extension and $2,000 for equipment.
Dividend—Dividendof 2 per cent payable June 30, 1899.
Road— Oct. 1, 1898, main line, 6 -7 miles; second track, 5-6 miles.
Earnings—Year ending Sept. 30, 1898, gross, $73,630; net, $5,415;
mterest, taxes, etc., $6,535; balance, deficit, $1,120. President, Adams
D. Claflln Treasurer, Leonard D. Ahl. Oflice, Newtonvllle, Mass.
1,
Organization—
Stock
&
RAILWAY-AtroUey
road.
in 1887.
Bonds—
interest. Outstand'g.
Maturity.
Stock ($315,000, par $100)
Q-J
$315,000
See text.
IstM., cur., notsubj. tocall
1892 5 J-J
135,000 July, 1912
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. 0.; in 1898, 8 p. c.;
in 1899, Jan., 2 p. c; in Apr., 2 p. c; in July, 2 p. c; Oct., 2 p. c.
Road— Owns from Newton to Waltham, Watertown, etc., 13*30 miles;
track (measured as single); sidings, etc., 0-57; trackage, 2-49; total,
16'36 miles.
Annual Report—For years ending
1898.
1897.
Sept.
30 earnings have been
1898.
I
-Gross earnings.... $95,821 $94,072
1897.
Balance for divs.. $17,093 $16,833
31,431 26,422 Dividends paid-.. 16,800 16,800
Int., taxes, etc.... 14,338
9,589 Tot. sur. Sept. 30. 21,154 20,861
Officers—President and General Manager, Winthrop Cottin, VicePresident, E. Stearns; Secretary, Geo. W. Morse; Treasurer, Charles
W. Smith, 53 TremontSt., Boston; Superintendent, F. G. L. Henderson.
|
Net
I
|
NEWTON & BOSTON STREET RAILWAYStoCK
&
Bonds—
Date,
interest.
Outstanding.
5 J-J
$200,000
125,000
8tock,$250.000,pr.$100
IstM. for $250,000... < 1892
Not subject to call.
Real estate mortgage
I
Int. pay'le at
Am.
L.
& T.
Maturity
See text
July 1, 1912
Co., trustee, Boston.
20,000
i>icic/ends— In Jan. ,1898, paidli4 p. c; in Apr., II4 p. c; inJuly,li4
c.
in 1899, Jan.,
p. c; in Apr., II4 p. C July
dividend passed; October dividend passed.
p. c; in Oct., II4 p.
Road—Owns
m
;
10 miles of troUey.
Operates Newtonvllle
&
Water-
town .St. Ry., 3^4 miles, under lease of 1897.
Earnings—In year ending Sept. 30, 1898,
gross, $65,369; net, $18,dividends, $9,062 balance, deficit,
for year, $524. Total surplus Oct. 1, 1898, $5,973. In 1896-97, gross,
$44,542; net, $18,250.
Officers— President, Gen. Man. and Purch. Agent, H. B. Parker,
Newtonvllle, Mass.; Sec'y, R. A. Sears; Treas., J. L. Richards.
SOl
;
interest
and taxes, $10,263
;
;
NEWTONVILLE & WATERTOWN STREET RAILWAY—
Organization— Operates 5 miles of track. Stock, $50,000; par $100.
Unfunded debt Sept. 30, 1898, $35,710. No funded debt. Operated by
Newton & Boston St. Ry., under lease of 1897.
Dividends— In
Oct., 1898, paid 1 p. c. (Q-J); in 1899, Jan.
c, in July, 1 p. c Oct. 2,
p. c.
Earnings— In 1897-98 rental paid was $4,655.
In April,
i:p.
;
m
WELLESLEY & BOSTON ST.
Capital
2, 1 p.
c;
RY.-Trollcy.
stock authorized, $115,000 (par $100); i.ssued, $115,000.
Oct. 1, 1898, loans and bills payable, $16,500; no bonds. Owns 5*17
miles of track. Year 1897-98 gross, $39,375; net, $13,020; charges,
$987; dividends (8 per cent) .$8,000; paid to insurance fund, $2,000;
balance, surplus for year, .$2,033.
In 189G-7, gross, $13,312; net,
$3,697. President and General Manager, II. B. Parker, Newtonvllle,
Mas.-*.; Secretary, R. A. Sears; Treasurer, J. L. Richards.
Dividends— \n April, 1898, paid l^a p. c; July, 1»2 p c; Oct. 4 p. c,
of which 2 extra; in 1899. Jan.. 2 p. c; in April, 2 p. c; July, 2 p. c;
Oct., 2 p. c.
to
Youngstown,
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, Buff'alo Loan, Trust & Safe
Deposit Co., trustee, $150,000; issued $134,000; gold o* 68, J & D,
dated 1896, due June 1, 1926. Interest payable at office of trustee.
Loans July 1, 1898, $2,420. Earnings year ending June 30, 1898,
gross, $12,378; net, $3,011, other income, $75; int. and taxes, $9,885;
Earnings for 10% months ending June 30, 1897,
BaL def, $6,799.
President, L. A. Rumsey; Secretary, Karl Evans;
gross, $6,602.
Treasurer, George R. Teller— all of Buffalo.
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
Elfvator Co., all of which were owned by the former Niagara Falls <fe
Lewiston. An agreement has been made with the Niagara Falls Park
& River Ry. Co. allowmg cars of the Gorge Road to run over that
compiny's lines across the arch and Suspension Bridges to Tabor Rock
Dufferin's Island.
Stock and Bonds—The Niagara Falls & Lewiston when sold at foreclosure was sold subject to the $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 0* ($1,000 each), dated
1895, due June 1, 1925, J &D, to Knickerbocker Trust Co., N. Y., as
trustee; outstanding June 30, 1898, $35,000; loans, $1,085,092. Year
ending June 30, 1898, gross, $73,557; net, $45,430. President,
Francis V.Greene; Vice-President, Herbert P. Blssell; Treas., Bert.
Herbert H. Hewett.—V. 68, p. 332, 1077, 1133.
L. Jones; Secretary,
NORFOLK, VA.
Population 1890 was 34,871 in 1880 was 21,966
and in 1870 was 19,229.
;
NORFOLK & ATLANTIC TERMINAL CO.road.
To be an
Date,
3,330;
LEWISTON & YOUNaSTO\VN FRON'R RR.7'3
Organization.— Owns from Lewiston
;
NEWTON STREET
Chartered
N. Y.
Population 1890 was 5,502; in 1880 was
AND in 1870 WAS 3.006.
and
RY.
61
electric
This enterprise is backed by Alexander Brown & Son of Baltimore.
A double-track electric line is contemplated from Sewells Point, on
Hampton Roads, across Tanners Creek, and thence easterly to the Mon^icello Hotel in the city of Norfolk, etc., 8 miles. Road to be completed by January 1, 1900. A hotel at Sewell's Point is also to be
erected. The $500,000 bonds are outstanding as collateral for a loan.
interest.
Date.
Outstand'g. Maturity.
Bonds
Stock
$500,000
Stock ($10i>). $500.000
5 g. M&S
500,000 Mar. 1, 1929
Mort., gold. $500,000. c* > 1899
Int. at Alex. Brown & Sons, Baltimore.
($1,000) Maryland Tr. Co. 3
Officers.— President, D. Lowenburg; Vice-President, H. L. Lowenburg; Treasurer, Caldwell Hardy; Secretary, Wallington Hardy.
—
&
NORFOLK STREET
RR.-('S«-e 3fap p. 69.)
Organization- A consolidation Jnne 7, 1894, of the Norfolk City
RR. Co. and the Suburban City Railway & Improvement Company
Population of Norfolk in 1897 esti1, 1944.
1899 at from 60,000 to 65,00i», including con-
Franchise runs until Jan.
mated
at 55,000,
and
in
tiguous suburban sections.
In November, 1897, control was purchased by a syndicate headed
by John L. Williams & Sons of Richmond, Va., and Midden dorf, Oliver
& Co., of Baltimore, Md., and extensive improvements have been
made— see V. 65, p. 1024. A new mortgage was issued for the retirement of the old bonds and for improvements. In March, 1898, the
Norfolk & Ocean View was purchased in its interest at foreclosure
sale. V. 66, p. t)17. The Virginia Electrical Railway & Development
Co. has also been acquired by the same parties.
Uate. interest. Outstand'g.
Maturity.
Bonds—
Stock
Stock, $1,000,000
$1,000,000
Norfolk City Ist M., gold, 5 1888 6g. J-J
125,000 Jan. 1,1913
$1,000
ollnt. atMer. Trust Co., trustee, N. Y. City.
- J
Norfolk Street cons. mort.. S 1898 5g. J
915,000
Jan. 1, 1944
$1,000,000, g. ($1.000)c. ) Int. at Merc. Tr. & Dep. Co., Bait., trustee.
Road— Owns 22 miles of track in City of Norfolk, Va., and extending
to Lambert's Point, 2 miles from city. Rails 60 lb. T and 80 lb. girder.
EARNINQS-Gross, Jan. 1 to July 31, $109,931. For 12 months ending Deo. 31, 1898, gross, $176,685; net, $88,347. In 1897 gross, $146,818; net, $70,096.
Officers— (Jan., 1899), President, R. L.Williams, Richmond, Va.;
Vice-Prest., Frank O. Briggs, Trenton, N. J.; Treasurer, W. H. Doyle,
Norfolk; Secretary an 1 Asst. Treas., H. C. Whitehead, Norfolk. DIRECTORS— J- W^- Middendorf, Robert C. Davidson, Charles R. Spence,
Frank O. Briggs, Wm. Habllston, R. L. Williams, R. B. Cook, W. H.
Doyle, J. P. Andre Mottu and J. W. Perry.
Index— V. 62, p. 186; V.
65, p. 1024; V. 66, p. 617; V. 68, p. 1183.
&
(1) NORFOLK & OCEAN VIEW RAILWAY— r«ee Map, p. 62.)
A trolley and steam road.
Organization— A reorganization in April, 1898, of the Norfolk &
Ocean View Railroad, foreclosed and purchased
Norfolk Street
New company
RR.— V.
is
in the interest of the
Road 9 miles loni;; 15 miles of track.
making improvements. Also owns valuable prop66, p. 617.
erty at Ocean View, a summer resort opposite Old Point Comfort,
connecting with a ferry company giving through service between Old
Point Comfort and Norfolk. The Norfolk Wllloughby Spit A Old
62
STREET RAILWAYS.
STREET RAILWAYS.
Point RR., formerly under lease, has recently been purchased and la
part of the New York & Ocean View. In May, 1899, the latter was
sold to R. L. Williams, the President of the Norfolk & Ocean View.
Officers.— President. R. Lancaster Williams, Richmond, Va.; VioePres., Frank O. Briggs, Trenton, N. J.; Secy, and Treas., W. H. Doyle,
Norfolk; Asst. Treas., H. C. Whitehead of Norfolk.
now
PORT NORFOLK ELECTRIC RAILV7AYROAD, Etc.—Operates 8 mile.s of track. Stock, $150,000 1st mortgage gold 68, $60,000; dated 1892, due August 1, 1907; Interest
payable, F. & A. A second mortgage for $20,000 was issued in August,
1897. for paying floating debt and for extensions. On Oct. 27, 1898,
B. Watkins Leigh was appointed receiver. In Dec, 1898, the receiver
was granted authority to issue $15,000 receiver's oertiflca'es for improvements. In May road was reported sold to a Baltimore syndicate.
;
—V.
67, p. 957; V. 68, p. 1026.
NORRISTOV/N, PA.
WAS
POPtTLATlON 1890
AND
19,791; IN 1880
WAS 10.753.
WAS
13,063;
IN 1870
SCHUYLKILL VALLEY
TRACTION-Trolley.
September, 1893, as successor to the
Norristown Bridgeport & Conshohocken Traction Co. Since Jan. 15,
1895, has controlled and operated the Conshohocken Ry.,the Montgomery
County Pass. Ry., the Citizens' Pass. Ry., Ambler Electric and the Norristown Pass. Ry. The corporate existence of the several companies
will be maintained, but their bonds will be taken up as rapidly as poeaible. In October, 1895, control of the Traction Co. changed hands and
the authorized stock was increased from $250,000 to $1,000,000.
In May 1899, local men came into control.
Organization— Incorporated
Stock
&
Bonds —
in
Date,
$500,000
200,000
) 1895
5 g. F-A
Nov., 1945
cUnt.atWestEndTr. & 8. D. Co.,Phil..trustee.
($1,000)
Income mort., $100,000, > 1899 5 ann.
100,000 Aug. 1, 1949
($500)
nvest End Title & 8. Dep.Co., Phila., trustee.
Of the $500,000 1st mortgage dated 1^95, $100,000 has been
retired and destroyed, $75,000 has been reserved to take up like
amount
of the Norristown Passenger Ry. bonds, $80,000 to retire the
Citizens' Passenger Ry. bonds, $9,000 for other outstanding bonds
and $36,000 are for improvements.
The
companies are as follows, including
both those held by the public and by the parent company:
Oo/npany, d-c—
Miles. Interest.
Issued.
Maturity.
Ry. stock. .
Ist mort., gold, $80,000,
6^4
$'<0,000f.p.
5
guaranteed
512
512
Ist mortgage, guarau'd
F-A
3%
g.
principal and interest..
II2
Montg. Co. Pass. Ry. stk.
1st mortgage
Norristown Pass. Ry. stk.
414
1st mortgage
414
Road— Operates about 22 miles
above-mentioned companies. A number of improvements and extensions reported proposed in 1899.
Latest Earninqs—10 months, > 1899
Gross, $59,246
Jan. 1 to Oct. 31.
lf<98
Gross, 54,237
31, 1898, gross earnings, $63,674; net, $18,705;
In 1897, gross, $61,892; net, $1,592.
Officers— President, N. H. Larzelere, Norristown, Pa.; Secretary
and Treasurer, H. C. Jones, Conshohocken.— V. 62, p. 279; V. 69, p. 334.
5
For year ending Dec.
was
19,135
in 1890
10,191.
;
was
16,074; in 1880
was
HOOSAC VALLEY STREET
$100,000
, ^~,^..c
Unfunded debt Sept. „^ '98
30,
July i, 1917
100.000
New England Trust Co., trustee.
^L5 "^^J
1897
T7
Road.— Owns 1300
34,331
miles of
main
and 042 mUes of sidings, etc. Extension to Williamstown, 6 miles, was completed in 1896.
Earnings- For year ending Sept.30, 1898, gross, .$76,660; net, $21,062; other income, $2,582; int., taxes, etc. ,$11,342; dividends (6%),
line track
$6,000; balance surplus for year, $7,202. 1897, gross, $81,328; net
$30,470; interest and taxes, $8,656; dividends (6%), $6,000; balance,
3urp;u8 for year, $15,814.
Officers— President and Treasurer, C. Q. Richmond, North Adams.
6.576 and in 1890
was
INTER-STATE CONSOLIDATED
OrQANIZATION— Organized April
Stock & Bonds—
Date,
c.;
Road— Owns
July,
22-42
RY.-
See V. 60, p. 606.
interest.
Outslandinq. Maturity.
6Q.-J. $380,000 See text
4 Q.— F. 150,000 Apr. 28. 1907
'
21, 1895.
Stock, $380,000, par $100
Coupon notes
1897
Bonds auth.,.$200.000
.7
Loans and bills payable Oct. 1.'98
DiViDENb— In 1897, 6 p. c; In 1898,6
April, li« p.
6,727.
ST-
;?l
!!"
.50,000
p. c; in 1899, Jan.. li^ p. 0.
Ha
p. c; Oct., l>a p. c.
miles trolley track
and 1»2 mile sidings,
from Main Street, Pawtuckct R. I., to North Attleborough,
Mass., HebrouviUe, DodgevlUe and Attleborough.
The combined
population of these towns was In 1890 about 41,937.
Latest Earnings- 12 mos., 5 1898-9. Gross, $152,528; net, '$10,370
etc.,
»,.*^*'>i*"?^P*-3'^After deducting taxes.
U897-8. Gross, 135,866;
NORTHAMPTON STREET
'33,401
gross, $135,395; net, .$42,811;
etc.,
was
RAILWAY-A
trolley road.
Organization—Chartered Feb. 26, 1873.
Date, interest. Outstand'g. T>iv'nds,<6c,
Stock. Bonds, Etc —
St<)ck, $300,000, par $100
$300,000 f.p.See text
lstM.,notsubj.tocall($500)c 1888 5A-0
25,000
Apr. 1, 1909
Loans and bills payable Oct. 1, 1898
56,000
Interest at Springfield 8. D. & Trust Co., Springfield, Mass.
Dteirfends-In year 1893-94 distributed $12,000; in 1895, 10 p. 0.;
1896, 10 p. c; Jan., 1897, 5 p. 0.; July, 4 p. c. in 1898, Jan., 4 p. 0.
July, 4 p. c; in 1899. Jan., 4, July, 4
Road— Owns 17-125 miles of main track and 1-431 mile sidings, etc.
In August, 1899, extensions were proposed.
Annual Report— For years ending Sept. 30 earnings have been
In 1899 gross, $103,084.
1898.
1897.
1898.
1897.
$92,326 $95,086 Bal. fordiv'nds. .$25,074 $24,311
Net
24,000
27,000
34,694
32,287 Dividends
Int'st, taxes, etc.
9,620
7,976 Bal. for year... sur. 1,074 def. 2,689
Officers— President, John Olmsted Secretary, H. P. Field; VioePresideut and Treas'r, N. D. Winter; Superintendent, Edwin C. Clark.
Gross
;
NORTON, MASS.
Population
in 1890 was 1,785; in 1880
IN 18T0 WAS 1,821.
was
1.732;
NORTON & TAUNTON ELECTRIC STREET
RAILWAY-Trolley.
a consolidation of the Norton & Taunton Electric, the
Street, the Mansfield & Norton Street, and the
Mansfield & Eastern. Bonds, to amount of $300,000 to $400,000 are
This
is
Norton & Attleborough
proposed
Officers—President, George Swazey; Vice-President, David Harding;
Gen. Manager, Douglas A. Brooks.— V. 69,
p.
334.
NOR^WALK, CONN.
Population
in 1890 was 17,747 in 1880
AND IN 1870 WAS 12.119.
;
was 13,956
;
NORMTALK STREET RAILWAY-This road has
been acquired by the Connecticut Lighting
ment of the latter under Waterbury.
& Power Co,
See state-
NORWALK tramway-
Organization— incorpora/ted May 6, 1889. Charter perpetual.
interest. Outstand'g.
Maturity.
Date.
Stock & Bonds —
Stock ($100) $850,000
Ist mort., $20,000 p. m.
gold, $1,000
c*
See below.
>
5
M
$287,000
- S
1893
5 g.
399,000 Sept. 1, 1923
Interest at Atlantic Tr. Co., trustee, N.Y. City.
Subject to call at 104 after Sept. 1, 1898.
The first mortgage bonds are a first lien upon all property of every
description now owned or hereafter acquired. Under the terms of the
mortgage the bond issue is limited to $20,000 per mile of construction
and equipment, and under laws of State cannot exceed 75 per cent of
the cost of road and equipment.
Dividends—Froxa. July, 1893, to July, 1895, dividends of 2 per cent
River through City of Nor-
walk to South Norwalk and Westport, and also to the excursion grounds
at Roton Point on L. I. Sound, to Gregory's Point, to Five Mile River,
Darien, Noroton and Stamford, a total trackage, with sidings, of 20
miles. Road laid with 48 and 56 and 70 lb. T rails. Extensions from
Norwalk to New Canaan to be built in 1899.
Earnings- For fiscal year ending June 30, 1899, gross, $69,316; net,
$25,623; interest, $19,706; taxes, $3,697. For the year ending Sept.
30, 1898, gross, $68,372; net, $24,578; interest, $19,343; taxes, $3,697;
rentals, $518; balance, suridus for year, $1,020.
In 1896-97, gross,
$60,670; net, $20,802; interest, $16,525.
Officers— Prest., T. M. Waller; Vice-Prest. and Gen'l Maniger, K.
W. Mansfield; Sec and Treas. G. N. McKibbin.
NORWICH CONN.
Population 1890 was 16,192
;
and
in
1880 was 15,112
NORWICH STREET RAILW^AY- A
$11,237; dividends, 6
p.
trolley road.
Stock ($6i)0'000 au- ^
Seetext
J-J $2,50,000
thorlzed— $100
^ Dividends at Am. Loan & Trust Co., Boston.
1st mort., $350,000, ) 12:
1893 5^. A -O $265,000
Oct. 1, 1923.
gold, $1,000
5 Interest at Am. Loan & Trust Boston.
June 30, 1899, bills payable, $17,000.
Mortgage of 1893 is for .$350,000, of which balance unissued Is reserved for Improvement and additions, being issuable therefor only
under general laws of Connecticut to 75 p. c. of actual cost of same.
2>t»idend«— From 1 895 to July, 1897, both inclusive, 5 p. c. yearly; in
1898, Jan. 1 p. c; July, 1 p c; in 1899, Jan., 1 p. c; July, 1 p. c.
Road— Owns 12-46 miles of track, of which -55 miles sidings.
Latest Earnings- Twelve months to June 30, 1899, gross, $77,645;
not, $24,671; taxes, $4,725; interest, (?); dividend (2 p. o.) $5,000
Annual Report— For years ending Sept. 30 earnings were
Oroes.
Balance.
Net.
Int. d taxes. Dividends.
1897-98
$75,630
$19,491
$13,928
$5,000 8Hr.$563
(2)
1896-97
79,.502
12,500 df.3,932
(5)
26,318
17,750
Officers— August 1, 1899, President, B. P. Learned Secretary &
Superintendent, W. L. Adams. Norwich Treasurer, S. Reed Anthony,
Boston, Mass.
;
Earnings— Year ending Sept. 30, 1898,
other income, $169; Interest, taxes,
net,
in 1895 was 16,746; in 1890 was 14,990; in 1880
12,172; AND IN 1870 was 10,160.
Organization— Incorporated in 1882 and has a perpetual franchise.
Maturity.
Stock & Bonds— Mites. Date, interest. Outstand'g
NORTH ATTLEBOROUGH, MASS.
1895 WAS
PoptiLATiOK IN
Perry; Secretary and Treasurer.
871.
J. & J., none since.
Road— Owns and operates from Broad
RY.-Trolleyroad.
Organization— Chartered April 7, 1886.
Stock, Bonds, etc.—
Date, interest. Outstand'g. Maturity, etc.
Stock, par $100
1st Mortgage
net,
yearly paid
NORTH ADAMS, MASS.
Population
in 1895
J.
;
NORTHAMPTON, MASS.
Population
Mar."'99
80,000
Feb. 1, 1925
Subject to call at 105 Feb. 1, 1905
145,000
5 g. J-J
100,000
July 1, 1924
Subject to call at 105 July 1, 1904
150,000
6
J-J
15,000
1924
75,000
J-J
6
75,000
1923
of tra^ck, including the lines of the
)
Oonshocken Ry. stock
.
*
Officers— President. Marsden
Edward R. Price.— V. 61, p. 662.
securities of the subsidiary
<3itizen8' Pass.
In 1896-97, gross, $126,736
$22,800; surplus for year, $8,943.
$37,492.
Maturity.
Oulstan<1ing.
interest.
Stock. $1,000,000 ($50)
1st mort., $500,000, gold
63
c,
;
)
; »
STEEET RAILWAYS.
64
NORV/OOD, MASS.
Population
1890 was
1895 was 4,574; in
IN 1880 WAS 2.345.
in
Road— Owns
14 miles of track laid with 52 and 48 lb. T rails.
1 to Oct. 31, 10 months, gross $19,171 in 1899,
$17,077 in 1898. For year ending June 30, 1898, gross, $19,699; net,
$9,066; interest and taxes, $2,858; balance, surplus, $6,208.
Officers— President and Treasurer. H. A. Sage, Easton, Pa.; VicePresident, J. P. Dolan Secretary, H. W. Cooley.
Earnings- From Jan.
3,733;
NORFOLK SOUTHERN STREET RAIL-
"WA Y— An electric road.
ComOrganization— Incorporated under Massachusetts laws.
prises 19 miles of track, of which 9 miles opened in April, 1899, and
the rest of the line
June, 1899.
Ontstanding.
Maturity.
Bale.
Stock
Bonds— Date
;
OLEAN,
m
&
Stock
1st M..
s. f.,
IPng
gold, c*>
($200,000)
I
The bonds were
fund Is expected
Int. at
$200,000
125,000
M&N
5 g
May
American Loan & Trust, Boston,
1,
1919
trustee.
by Jose, barker &, Co., of Boston. Sinking
to retire the bonds at maturity. They cannot be
called, but may be purchased at 105 and interest.
Road— Owns 19 miles of track, connecting Norwood, Mass., and
Mansfield, Mass., with two small branches. Owns 8 cars.
Officers— President, Rufus H. sawyer, 41 Federal Street, Boston,
floated
Mass.
NYACK,
N. Y.
POPDLATION 1890 WAS
4,111; IN 1880 WAS 3,S81.
To be a trolley road. Reorganized
Son, who purchased the franchise, right
NYACK TRACTION—
by Isaac A. Walker &
and are constructing road. To extend from Sparkill,
N. Y., to South Nyack, Nyack and Upper Nyack, with an extension
from the ferry at Nyack to West Shore RR. station, and from Upper
Nyack to Rockland Lake; total, 12 miles. The stockholders voted to
norease the stock from $75,000 to $150,000. President, Henry C. How.
*n 1898
of way, etc
,
OLEAN STREET RY
Portvllle.
Company made no report for 1897-8, but gross income was $34,977.
1896-7. 1895-6.
Sfk $300,000, par $100. $299,500
Earnings-
Ist m. 68, J&J, May 1, '23.$79,000 Gross earnings.. $26,122 $27,78»
Consol. M. $300,000 ) as^An nnn Net
6,738
9,025
gold 5s, J-D, 1927.. \ iJ"^"".""" Interest & taxes.
6,433
6,02ft
305
2,99&
Road—Owns 5*54 miles of single Balance, surplus.
'82 of sidings.
track and
Total surplus
22,664
22,359
Pres., Clare Willard; Sec. and Treas., G. H. Strong.— V. 65, p. 152.
OLEAN ROCK CITY & BRADFORD
$6,500; notes payable, $191,400. Operates 1712 miles of road; trackage, 2*31; sidings, 0-70; total, 2051 miles. President, W. B. Fergusons
Secretary, George A. Batman, 53 State Street, Boston.
^ NEB.
OMAHA,
—
POPULATION 1890 WAS 140,452 IN 1880 WAS 30,518
AND IN 1870 WAS 16,083.
OAKLAND, CAL.
1880 was
POPULATION 1890 WAS
;
in
34,555
10.500.
trolley road.
Organization-Incorporated in 1898 by the " Realty Syndicate '
as a consolidation of the Central Arenue, 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 in Oakland, Alameda, Berkley and County of Alameda. Assessment of $1 00 per share was called for payment April 24, 1899.
V. 68, p. 673.
Mis. Date, interest. Otitstand'g. Maturity,
Stock
Bonds—
Stock, $5,000,000 (par $50)
$3,985,900
48,682
OAKLAND TRANSIT
—
&
« M
Central Ave Rv 1st
t^ nnn J^v f
!t.i,uuu, siuK. r.c
'
c
^"
(5^1892 6g M-N
1922
$120,000
\ Interest is payable at California Tr. Co.,
^
Trustee. San Francisco, Cal.
Oak. ConsoL St. Ry. IstM. < .. 1894 6g. F-A $361,000 Aug. 1,1911
$500,C00g., $1,000
.( Trustee, California Safe Dep. & Trust Co.
Al. Oak. & P. 1st
$287,000
.. 1898 6 g J- J $1,400,000 July 7, 1918
let Cons. Mort. $1,400,000
Interest in New York or California Safe
g., s.f., not subj. to call c
Deposit & Trust Co., trustee.
With the consolidated mortgage of $1,400,000 all the underlying
bonds will be retired. Messrs. E. H. Rollins & Sons, of Boston, have
M
'
been offering consols for
V. 66, p. 1190; V. 68, p, 429, 673, 1026.
OAKLAND RAILROAD-A
trolley road.
cable road, but now all changed to electric. Charter 50years from Jan. 27,1888. Gauge, 4 ft. 8^2 inches. Operates
I913 miles of track. Girder rail, 60, 70 and 72 lbs. Cars, 32. Stock
authorized, $2,500,000; bonds, $125,000. Pres., Treas. and Purch.
Agt., F. S. Douty, 4 Montgomery Street, San Francisco; Vice-Pres.,
H. E. Huntington; Sec, J. R. Folsom, Supt., M.M. Martin.
Road— Formerly
OAKLAND SAN LEANDRO & HAY^VARDS
ELECTRIC RAILWAY CONSOLIDATED
Organization-A consolidation May 8, 1894.
Date.
interest.
Outstanding.
Stock & Bonds—
Stock ($1,000,000 auth.)
r» 17
"^"*
J
5
i
9,000 shares.
$22-6212 pd. in.
Maturity.
OGDENSBURG,
N. Y.
Population 1890 was 11,662; in I88O was 10,341;
AND IN 1870 WAS 10.076.
OGDENSBURO STREET
&
Bonds—
Stock, $150,000 ($100)
Date.
interest.
RY.-A trolley road.
Oulftanding.
Maturity.
$150,000
^^^'^
150,000
Sept. 2, 1925
^$150?000*'^.^.^.'..'^.''.!
6 M-S 2
Mortgage trustee. West End Trust Co., Philadelphia.
W. Patrick.
--A
OMAHA STREET RYand afterwards
trolley road.
18, 1893,
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 Blufis, 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 Counoil Blu£^.
Debt— Authorized capital $1,000,000, par $100; issued
Stock
and outstanding, full paid, $86,750. No bonds. Unfunded indebtedness Aug. 1, 1899, $12,000. Dividend 6 p. c. January, 1894; none since»
Road— Operates 5% miles of single track on 3^3 miles of street.
Gauge 4 feet 8^3 inches. Rails 40 lb. T and 45 lb. girder.
Officers— President, Dudle Smith; Vice-President, V. O. Striokler;
Secretary, John R. Webster; Gen. Manager
Treasurer, H. W. Yates
Alfred B. De Long.
&
;
OMAHA STREET RAILAVAY-AtroUey
This
a
road.
1889.
is
consolidatloa
of all the street railway properties of the city operated by cable, horse
and electric powers. Has the benefit of three franchises.
Outstanding.
Maturity,
Date,
interest.
Bonds—
Stock
M. -N. $5,000,000 f. p.
See text.
Stock ($100)
Om. St. Ry. 1st consol.
May 1,1914
2,250,000
M., $2,500,000, gold.... 1889 5g. M.-N.
Interest is payable at the Farmers' Loan <fe Trust Co., N. Y. City
Consols for $500,000 were Issued in July, 1896, to retire the first 68.
iKOTciejids.— During fiscal year 1895-6 paid dividend of 1 p. c.
Road— Operates about 90 miles of track. During 1895-6 spent
$60,000 for new construction and equipment. In 1897 and 1898 expended for betterments about $325,000.
In Feb., 1899, old trackage was being re-laid as quickly as possible
with 73-lb. rail and all new trackage is to be of same weight.
Earnings— For year ending Nov. 30, 1897, gross, $596,763; net,
272,165; interest charges, $123,185; balance, surplus for year, $148,980. In 1895-6, gross, $559,388; net, $209,873.
Officers— President, Frank Murphy; Vice-President, Guy C. Barton^
Treasurer, W. W. Marsh; Sec, D. H. Goodrich; Gen. Man. W. A.
Smith General Supt. and Purch. Agent, F. A. Tucker.— V. 67, p. 843.
l,
&
;
OMAHA
J
;
;
electric road.
President, R.
of
Organization— Chartered April
)
Oak. San Leandro & Hay. ) 1892 6g M-S
$250,000 Mar. 1, 1922
Ry.lstM.gold$1000ea. 5 Interest is payable by check.
23d Ave. Ry. 1st mort., } 1893 6g M-S 15
$250,000 Mar. 1, 1923
gold, $1,000 each
i Interest is payable by check.
Mortgage trustee Is the California Title Insurance & Trust Co.
Bonds— 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 matiirity.
Dividends.— Dividends were resumed In 1899, and 20 cents per
share paid monthly from August 15 to Nov. 15.
Road— In Feb., 1899, was said to operate 25 miles of track, all but
II2 miles being electric.
Officers— President, H. W. Meek Vice-President, Wm. J. Landers
Secretary, 8. B. McLenegan; Treasurer. C. E. Palmer, all of Oakland.
Stock
EAST
l^
Organization— Incorporated Jan.
sale.
Road— In Sept., 1899, embraced 81"22 miles of trolley, extending
from Oakland to Alameda, Berkeley, Fruitvale and East Oakland.
Officers—President, E. A. Heron; Treasurer. F. C. Havens; See.
retary, Samuel J. Taylor.
Directors— F. M. Smith, E. A. Heron, F. C. Havens, W. H.Martin
D. D. Harris, J. C. Winans, F. W. McCann and Charles R. Bishop.—
-$100
Road, Etc.—Operates
CO.-A
&
&
DUNDEE PLACE CAR LINE—An
miles
track.
;
was
IN 1870
RY-
Organization.- Organizedin 1897. Capital stock, $210,000; funded
debt 6s, 1917, J&J (American Loan & Trust Co., Boston, trustee,)
ard, Chester, Pa.; sec. Geo. D. Howell, Philadelphia, Pa.; Treas., E.
P. Walker, Philadelphia, Pa.— V. 67, p. 789.
AND
N. Y.
Population 1890 was 7,358; in 1880 was 3,036;
and in 1870 was 1,327.
—A horse and troUey oad.
Organization- Chartered March 1, 1880. In July, 1897, was
authorized to increase stock from $16,000 to $300,000, and to Issue
$300,000 new bonds for paving and extension to East Clean and
& COUNCIL BLUFFS RAILV/AY
& BRIDGE— An electric road.
1,
Organization— Was granted a new charter for 50 years from Oct.
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.
Mefunding.—Sm'k.ing fund payments are in default. Floating debt
is $70,000. Negotiatione are pending for refunding bonds at lower
rate of interest.
Date.
interest.
Outstanding.
Maturity.
Bonds—
Stock
Stock
$1,500,000
6gJ-J
400,000 Jan. 1, 1908
mort. (see below) ) 1888.
1st
gold,$l,000.sinking > Subject to call at 110 in 1899.
fund, $500,000.. .c* ) Int. at Mercantile Trust Co. (trustee), N.Y. City,
&
Bonds guaranteed—
filuffs St. Ry. 1
1889.
5gJ-J
$250,000
July 1, 1909
IstM. $250,000 gold (Subject to call at 106 in 1899.
$1,000 guar. p. & i. [Interest at Mercantile Trust Co., trustee, New
Council
(end.)sinkingfundc*) York City.
Road— Operates 25 miles of track.
Bonds- Additional 6s may be issued at $25,000 per mile for road
acquired and unencumbered. The sinking fund is $20,000 yearly till
January 1,1899, and thereafter $30,000. OFFICERS— President, N. W.
Wells; Vice-President, J. J. Brown; Secretary, C. T. Stewart; Treasurer, J. H. Millard; Gen. Supt., W. S. Dlmmook.-V. 65, p. 236; V^
69. p. 492.
STREET RAILWAYS.
ORANGE,
&
viously sold at foreclosure) and the Thomas Electric Light
PowfF
Co. The latter has been In successful operation since 1884, and has a
complete modern plant located in the centre of the city. Water powej^
N. J.
Population in 1898 was (estimated). 25,C00;
1890 WAS 18.844; in 1880 was 13,207;
AND in 1870 WAS 9.348.
TRACTION CO.ORANOE MOUNTAIN Mountain Cable Co. sold
Orauge
OrqaniZATION— Successor to
1895, to Charles E. Eimenuan, of
Oot. 9,
Pliiladelphia, for $10,550.— V. 61, p.
662. Stock. $100,000; par $100. Jan. 1, 1899, real estate mortgai^es,
$28,260; unfunded debts, $12,752. Owns Ha miles of cable Incline,
extending to top of Orange Mountain, in Townsliip of West Orange.
ForyearendingDeo. 31,1896, gross. $5,173; net, $3,076. Not operated
during 1897; re-opened April 9, 1898. Gross earnings April 9 to Dec.
31, 1898, $11,911; net.$9f3. President, Frank Brewer, Orange Valley,
N. J.; Secretary, A. F. Skinner. Nutley, N. J.; Treas'r, J hn O'Rourke,
Orange, N. J.— V. 60, p. 968, 1010; V. 61, p. 366, 662.
SO.
ORANGE & M APLEWOOD TRACTION.-
Orqanization— Owns no road but leases, it is understood, the South
Orange & Majilew-oodSt. Ry. Stock authorized and paid in to Jan. 1,
1899, $25,000; bonds hare been authorized, but none issued to date
mentioned; other debts $32,000; cost of equipment and appurtenance,
owned, $31,786. For vear 1898, gross. $15,065; net, $2,696. Pres.,
Edward D. Page; Treasurer, Wm. M. Haines.
SOUTH ORANGE & MAPLEWOOD ST.
is
used in generating electricity.
Stock
&
Bonds—
in
as successor of Suburban
1S98.
interest.
Outs'ding.
Maturity.
1898
&
Date,
Stock
Bonds—
Stock, $1,000,000
Or. & Bl Crosstown Ry. Ist >
M.. assumed
>
Sub.Trac. Consol. M.. guar- ^ 1'93
6,
$50,000
60,000
150,000
—
5 J-D
1923
Amer. Loan & Tr. Co., Boston. Trustee.
J-D
Dec.
(?)
Newmort «1 nno nnn
wewmort, $1,000,000.... (1898 .pj^ 5 Guar.&Tr.Co. of Jersey 1,1948
C'y, Tr.
^ j^j
Road— 10 miles of track on 7 miles of streets. Extension proposed. -
anteedloan, assumed
V. 67.
>
p. 75.
Earnings— Earnings
Ear^iings.
From pas'ng'rs
Other sources.
of
Suburban Traction
$9,500.
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, 10 motor ai>d T
trail cars.
Has a complete steam and electric plant for generatingpower.
Officers -President, F. 8. Donnell, 60 State St., Boston; Secretary^
M. F. Skinner; Treas. and Man., Louis W. Hess, Ottawa, 111.
OTTUM^VA, IOWA.
Population 1890 was 14,001
and in 1870 was
$62,249^60,091
J
;
OTTUMWA ELECTRIC
?eP'^i^«---
Sup'ten.&man. ^$52,158
I
TRACTION
STEAM CO-A
901.
O^VENSBORO, KY.
49,878
Population 1890 was 9,837; in 1880 was
AND IN 1870 WAS 3.437.
6,'231;
OV/ENSBORO CITY RAILROAD-A trolley road,.
1936
W^IS.
and
in 1886. Franchise runs till
gives exclusive rights to operate street railway in said city.
Maturity^
Miles. Date, interest. Outstand'g
Stock
Bonds—
Organization— Chartered
Population 1890 was 22,836; in 1880 was 15,748;
AND IN 1870 was 12.663.
CITIZENS'
9,004
now, and bonds all held in Ottumwa.
Road— In 1898 company operated 6 miles of trolley In city of Ottumwa, Iowa. All by electricity. Weight of rails, 38 ibs. girder and
40 lbs. T- Also does municipal, commercial and residence el»otrlolighting; supplies electric power for stationary motors, etc., aad;
operates a system of steam heating, with 3'^ miles of mains.
Officers— Pres. and General Manager, J. H. Merrill; Vice-PreB.,Wnv.
Daggett; Sec, J. B. Sax; Treas.. J. W. Garner, all of Ottumwa.— V. 66^
Officers- President, Charles A. Sterling; Vice-President, William
Scheerer— V. 67, p. 75; V. 68, p. 381.
OSHKOSH,
&
was
Organization- Property of the Ottumwa Electric Ry., including
railway, heat and power plant, was sold under foreclosure on April 28,,
1898 tV. 66, p. 901.) and the present company organized in 1899.
Stock and Bonds.— Capital stock is understood to be 200,000;
information declined because only four parties interested In property-
1897.
$11 '^24
1898.
in 1880
5,214.
trolley road.
'p.
:
Expenditures.
1897.
1898.
1.50,000
:
T
Traction Co.; sold In foreclosure July
Maiurily,
Outstand'g.
,
RY.
ORANGE & PASSAIC VALLEY RY. -Trolley road.
Interest.
1899 5g. A&O
loO.O
Apr.l,1929>
>
and $500
S Int. at American Loan & Tr., Boston.
Sinking fund of $2,000 a year is provided, to b invested in tbebond&.
If they can be purchased at lO.i or less.
Earnings—For year ending May 31, 1899, gross earnings of railway
and electric companies combined were $36,598. For calendar year189* gross is estimated at $37,745 and net at $17,278, as against
which the requirements for Interest and sinking funds would be-
of main line, 2*6 miles double track; total
trolley, including sidings, 5*5 miles. Gauge, 4-ft. 8ia in. Rails,
and
girder. Power rented. Stock issued, $100,000: deiits Jan. 1, 1899,
about $59,538. Cost of road and equipment to Jan. 1, 1899, $184,538.
Sec. and Treas., Wm. M. Haines. General otfice, Orange Valley, West
0-ange, N. J.
Date.
Stock authorized. $1.^0,000
Ist M.,s f.,g $150,000.^100
Organization—Length
Organization- Incorporated
65
CO.— A trolley road.
In May, 1899. it was reported that this road was to be included in a
general conablnation of the gas, electric lighting and street railway
Interests of Oshkosh. J. K. Tillotson. of Toledo, was said to have an
option on the Citizens' Traction, and to have already purchased the
Oshkosh Gas and also the electric company.
Organization, Etc.— In 1897 this company purchased the Oshkosh
8t. RR. for $37,000. Road now owned comprises 16 miles of track.
Is building a 14-mile line to Neenah. Population of Oshkosh and
South Oshkosh in 1897 was given as 32,000. In August, 1899, made a
mortgage for $500,000 to the Royal Trust Co. of Chicago, as trustee.
Date, interest. Outstand'g. Maturity.
„ Stock and Bonds—
Stock, .f250.000
$250,000
let mortgage, $250,000, <
1897 5g. J-D
250,000 Dec. 1, 1927
gold
Int. at West End Trust, Phila.. trustee.
c* I
President, George J. Kobusch; Secretary, J. K. Tillotson; Treasurer,
Otto U. Von Shrader.— V. 64, p. 799; V. 69, p. 333.
&
$50,000 f. p
Stock,$50,000(par$50)
1908
6J-J
25,000
81^ 1888
5
i„*M ;t«oou eacn
181 M., *.^AA<.o„,,
interest at Louisville Banking Company.
Jan. 1,191"?
75,000
2d $100,000 ($500), cur., < 8^ 1894 6 J-J
Company.
not subject to call
i Interest at Louisville Trust
J?o?ids— Of second 6s $25,000 reserved for tirst mortgage when du».
Road— Owns 10 miles of trolley t' ack in Owensboro and suburbs.
Officers— Pres.,W. E.Whitely; Sec.R.A. Miller; Treas. J. H. Parlslv
,
PADUCAH, KY.
Population
IN 1870
6.866;
was
was
12,797; in 1880
and
in 1890
WAS
in 1898 (estimated) 23,000.
PADUCAH RY. & LIGHT CC-A
8,036;
trolley road.
Organization— Consolidation in 1898 of the entire street railway antg
In a89»
electric-lighting plants of Paducah.— V. 67, p. 127, 483.
granted 25-year franchise.
OSWEGO,
Stock & Bonds—
par$100
N. Y.
Population 1890 was 21,842; in 1880 was 21,117;
and in 1870 was 20,910.
OSWEGO TRACTION.
-Trolley.
Incorporated at Albany June, 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.
Date, interest. Outstand'g.
Stock & Bonos—
Maturity.
Stock, common, $200,000
$200,000
Pref. $100,0 0, non-cuin
4
100.000
95.000
^f^1929
iBtmtire $100,000, gold.... 5 1*^^8
iBt mige., «innono i^nM
Trustee, Knickerbocker Tr.
.5
5
•
,
<
Officers— President, Geo.
population
30, 1898 (before re-organlzatlon), gross,
operation, $^1,944, taxes and interest, $13,454;
deficit for year. $18,398; 1897, gro.ss, $21,099; net, $1,446; faxes and
Interest, «».014: rtellHt for year, $10,460.— V. 65, p. 27i-: V. 67, p.
1161; V. 68,
p.
474, 772.
Officers —President,
Treas.,
James
P.
M. Coon; Vice-Pres., Charles A. Tanner;
Doyle.
in
ILL.
1899 (local esti.mate). 17,000; in 1890, 9,985;
CO.— A
Organization.— Organized
in July,
;
in
Floumoyt
O.
1890 was 4,755; in 1880 was 3,841.
Organization— Incorporated on March 17, 1898, to build an ele*-.
road from Conneaut westward to KIngvllle, Ashtabula, Saybrook^
Palnesville and Geneva, there to connect with extension of CleveIn Nov 1899, work In progress,
land Palnesville & Eastern Ry.
commencing at Conneaut Harbor to City of Conneaut and westward;
trie
Stock
IN 1880, 7,834.
and
Secretary, T. J.
127, 483.
PENNSYLVANIA & OHIO RY-A trolley road.
In ope- ation,
OTTAV/A RAILWAY LIGHT &
trolley.
nois,
p.
,
8.
OTTAWA,
Population
Thompson
PAINESVILLE,
$.00,000
1899
3
Knickerbocker Trust to., trustee.
Earnings— Year ending June
C.
Manager, Geo. C. Wallace.- V. 67,
Road— lli« miles of track.
$22,965; def. from
Maturity.
$200,000
1898 6 g. J J 400,000 July 1, 191R
1st mortgage $400,000 gold.
Interest at American Trust & Sa-vings Bank, Chicago. Trustee.
Sinking fund July 1, 1903, 3 p. 0. annually of amount outstanding..
Bonds are redeemable at 105 after 10 years.
Road — Operates about 14 miles of track.
Earnings— Estimated gross earnings for 1899, $91,000.
-
Co., N. Y.
J
2d mtge., $200.000
V V
interest. Outstanding.
Date,
Stock.
POWER
in March, 1899, under the laws of Illi1899, purchased the Ottawa Street Railway (pre-
&
7 miles.
Bonds—
Date,
interest.
Outstand'g.
Maturity
Stock (par$lOO), $100,000)
Buth
S
$54,000 June l,l»lft
5J&D
Istmort. $81,000 gold.. c*) 1899
$.')00 each s. f
] Sav. & Trust Co., Cleveland. Trustee.
Road -Owns 7 miles of road; total length of projected road, 44 miles.
Officers— President and Purch. Agt., Thomas Frlcke; Vlce-Pres.
W. F. Stanley; Secy., E. L. Hills; Treas.. B. W. Baldwin. Office at
Ashtabula.
;
STEEET RAILWAYS.
66
PASSAIC,
Poi'DLATiON IN 1890
WAS
N.
13.028
;
llght
J.
IN 1880
WAS
6,532.
PASSAIC & NKWARK ELECTRIC TRACTION— Far statement of tUts road see North Jersey Street Railway,
under Jersey
City.
system In Petersburg.
N. J.
PorcLATiON 1800 WAS 78.347; in 1880 was 51.031;
ANU IN 1870 WAS 33.579.
PEEKSKILL.
in 1890
was
9.676
and
;
in
1880 was 6.893.
PEEKSKILL, TRACTION CC-To be a trolley road.
On Oct. 16, 1899, Frank Frye was appointed receiver, as the result
of judgment obtained against the company, V. 69, p. 852.
Orqanization— Incorporated in May, 1898, with a o ipital of $150,000, to construct an electric railway In and between PeeksklU and the
owns of Cortland and Yorktown. About 6 miles built In 1899.
Incorporators: Charles Mason, James A. Haight, Frank Frye, Charles
N. Wells, Jay R. Decatur, Matthew Chine, James P. Martin and
Hanford Smith of Peekskill and Jacob Larrsch of New York City.
President, Frank Frye, Peekskill. V. 69, p. 852.
PENN YAN,
Population
in 1890
was
N. Y.
4,254; in 1880
was
3,475.
PENN YAN KEUKA PARK & BRANCHroad.
PORT R Y— A
trolley
Organization— Incorporated
in 1897.
Stock, «100,000; par, $100:
Bonds, 20-year gold 5s, +100,000, dated Aug.,
outstanding, $90,000.
1897, $500 each, all issued; Amer. Loan & Trust Co., Boston, trustee.
Road runs from Penn Van to Branchport, 8^ miles; with sidings and
terminals, 10 miles. Extension, Branchport to Poulteney, N. Y., 413
miles, is proposed. Earnings for year ending Sept. 30, 1898, gross,
$15,437; net, »o,54C; other income, $125; interest and taxes, $4,606;
bal., surplus, $1,059. President, W. S. Reed, Leominster, Mass.; Sec, F.
H. Viele, Keuka Park, N. Y.; Treas., W. H. Tylee, Worcester, Mass.
PEORIA,
ILL.
;
RAILWAY.-AtroUeyroad.
Date.
Interest. Chttstand'g.
Maturity.
$750,000
l8t M.. $750,000, gold, )
1895 5g.A&0
500,000 Apr.1,1915
($1,000)
o*5lntere8tatN.Y.Security&Tr.Co.,N.Y.,trustee.
Bonds of 1895 cover the entire system. Including the lines of the Fort
Olark St. Ry., control of which wasacquiredin Aug., 1895. V. 61, p. 793.
Road—Owns 60 miles of track.
Earnings-For7 months from April 1 to October 31, 1895, on 41
miles, gross, $177,885; net, $76,532. Not including Fort Clark Street
By. 1894-5 gross, $201,051.
Officers— President, Walter Barker; Sec, J. N. Ward Treas., H. J,
Woodward General Mana. and Purch. Agt., J. Flnley. V. 61, p. 966.
;
;
GLEN OAK & PROSPECT HEIGHTS RAIL"WA Y— A trolley and steam road.
Organization—A consolidation
of 1896.
Stock Issued, $81,000;
mortgage gold 68 (M&N), due 1916, $100,000 Royal Trust Co. of
Chicago, trustee mUes of track. 7*2. President, M. Sleberling.
first
Population 1890 was 1,046,964; in 1880 was 847,170
AND in 1870 WAS 674.022.
AMERICAN RAILWAYS COMPANY-
Organization— Incorporated at Trenton, N. J., in April, 1899. Is
empowered to build, lease, pun-hase and operate street railways.
Charter also gives them like privileges with lighting plants. Is understood to be controlled by the interests that predominate in the management of the Electric Company of America and the United Gas Improvement Company, a sketch of whose aflfairs will be found in our
Investors' Supplement. Purpose is to enter the electric railway
In June,
field rather than the electric lighting and power business
1899, purchased the Bridgi ton & Millville Traction Co. and also the
Bridgeton Electric Co., the latter having $25,000 stock and $25,000
bonds; also owns all the stock of the Springfield (O ) Railway; also
the Springfield Light & Power Co., Springfield, Ohio; likewise stock of
People's Street Railway of Dayton, Ohio, and the Joliet Railroad; also
$500,000 of the stock of the Chicago Union Traction. Is reported to
be negotiating for other properties in various parts of the country.
Stock— In October, li- 9P, the directors voted to increase outstanding
capital stock to the full issue, viz., $25,000,000. The additional stock,
like that previously outstanding, to be issued at $5 per share, paid in.
Date.
Rate.
Outstanding. Dividends.
Stock, auth. $'25,000,000. )
«lia'-e««50
5
;
;
PEORIA & PEKIN TERMINAL RAILWAY.— steam and electricity.
Organization— Incorporated as Peoria & Pehin Traction Aug.
$500,000 (par $100)
1st M., $600,000, gold.... c*) 189^
5,
J-J
Trust
$300,000
500,000
1928
$1,000 each
Ju S.Mort. &
Co., N. Y.. trustee.
Road— Entire line about 20 miles of track; owned 12 miles, leased 7
miles. Also has rights over five miles of local street railway in Peoria
and privilege of transferring over 46 miles additional. Freight and
through passenger business handled by steam. Local passenger
business in and between Peoria and Pekin by electricity. Road expected to be in operation by Octol)er 1, 1899.
5g.
Officers— President, T. J. Miller, Peoria; Vice-President, W. H.
Trumbull, Salem, Mass.; Treasurer, P. L. Saltonstall, Boston; General
Manager, L. E. Myers, Wiicago; Traftlc Manager, C. W. Clark of Peoria.
—V
68, p, 673.
PETERSBURG, VA.
in 1880
was
21,656.
PETERSBURG RY. & ELECTRIC CO-
Piedmont Traction was purchased, together with the Virginia Traction Co., by John L. Williams
A Sons, of Richmond, Va., and Middendorf, Oliver & Co., of Baltimore,
Md., and the Petersburg Railway & Electric organized to take over
the properties. V. 68, p. 430. The same people also own the electrlc-
Organization— In
Feb.. lfe99, the
'$
—
(1)
BRIDGETON & MILLVILLE TRACTION.—Trolley.
Owned by
the American Railways Co.
Organization—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. The population of Bridgeton by the 1895
State Census was 13,292. Stock authorized, $200,000; Issued, $99,700;
1, 1898, $3,500. Bridgeton to Millville, 10 miles;
Bridgeton to Fair ton, 3^4 m.; Bridgeton. local, 4^ m.; total, 18 miles.
Extension, Fairton to CedarvlUe, 4-4 miles, completed in May, 1899.
Will be extended eventually to Port Norris, but not in 1899.
Earnings—Year ending Feb. 28, '99, gross, $39,456; net, $12,499;
div'ds paid (2»« p. c.), $4,860; taxes and rentals, $1,655.
Officers— President, Jeremiah J. Sullivan; Vice-President, H. J.
Crowley; Secretary and Treasurer. C. L. S. Tingley.— V. 64, p. 331,
567. 887; V. 68, p. 1179, 1223; V. 69, p. 439.
(2) PEOPLES STREET RAILWAY.— A trolley road.
Acquired in 1899 by the American Railways Co.
Organization— A. consolidation in June, 1896. Riverdale to Soldiers'
Home, 6*1 miles double track (old White Line), and on Wayne Ave.,
etc., 3'6 miles double track; total, 9-7 miles of double track.
Date, interest. Outstanding.
Maturity.
Stock and Bonds—
Stock. $1,100,000, $100
$1,100,000
1st mort.. $500,000, gold, ) ^gg^ 5
450,000 Jan. 1, 1927
g j _j
($200) redeemable after Trustee Union Sav. Bk. & Tr., Cincinnati, O.
Jan. 1, 1902
Officers— President, John A. MoMahon; Vice-President, H. J. Crowley; Secy, and Treas., C. L. S. Tingley.— V. 62, p. 1140; V. 69, p. 744.
[
(.3)
JOLIET RAILROAD.—Trolley.
Organization—Incorporated in March, 1898, as successor, by
purchase in April, 1898, to Joliet Ry. (successor to Joliet Street Ry.,
sold in June, 1896), to which additional franchises were granted In
January, 1898. Population In 1897 (local census), 35,000. Extension
to Chicago contemplated.
In Oct., 1899, a majority of the stock was acquired by the American
Railways Co.
interest. Outstand'g.
Date,
Maturity.
$600,000
1889
6 M-N
75,000 May 2, 1904
325,000 May 1, 1918
5 g. M-N
{ 1898
$500,000 ($1,000
J Portland (Maine) Trust Co., trustee.
Of the loan of 1898, $75,000 will be used to take up bonds due 1904.
Road— Operates 21 miles of track.
Earnings— For year ending April 30, 1899, gross earnings were
$101,000.
Officers— President, G. F. Duncan; Vice-Prest J. E. Burnham;
Treasurer, H. P. Cox; Superintendent, F. £. Fisher.— V. 66, p. 954;
V. 67, p. T3; V. 69, p. 794, 905.
,
(4)
SPRINGFIELD (OHIO) RAILWAY.—TroUey.
acquired by the American Rail-
Practically all the stock has been
ways Company.
Stock & Bonds—
Stock (par $100)
Ist mort, $500,000. gold..
_
Population 1890 was 22,680;
1^^ ««?' sh^ ^
^pM
Officers— President, A. A. McLeod; Vice-President and Treasurer,
W. F. Harrity; Secretary and Assistant Treasurer, C. L. S. Tinglev;
Counsel, Silas W. Pettit; General Manager, H. J. Crowley. General
offices. Real Estate Building, Broad and Chestnut sts., Philadelphia.
V. 68, p. 770, 821. 1223; V. 69, p. 439, 743, 794, 905.
1897, to build and operate a terminal system in and between Peoria
and Pekln. Leases from Chic. R. I. <fe Pac the Peoria Terminal RR.for
50 years from December, 1897, In May. 1899, name changed to Peoria
& Pekln Terminal Railway. Tucker, Anthony & Co., Boston, are financial agents. Stockholders are to vote Deo. 28, 1899, on making a new
mortgage of $700,000, of v hich $600,000 to be issued for the com.
Stock & Bonds—
pleting and operating the railway; the remaining $100,000 to be Stock, $600,000
Issued from time to time for improvements and additions.
JolietSt.Ry.l8tM. $75,000.
Joliet RR., Ist con. M., gold
Date.
interest. Outstand'g. Maturity.
Stock & Bonds—
each)...
8tf)ck,
5
no bonds; debts Aug.
Population 1890 was 41,024 In 1880 was 29,259
AND IN 1870 was 22,849.
Miles.
Stock & Bonds—
8fk $750,000{par, $100)
_
PHILADELPHIA, PA.
The Paterson Railway, the Pateraon Ceutral Electric, tlie Wliite
Line Traction, etc., etc., have all been absorbed by the Jersey City
Hoboken & Paterson. See statement of the latter under Hoboken.
'CENTRAL
reported the stock will be $500,000
V. 68. p. 332, 430.
PATERSON.
Population
It is
and the bonded indebtedness authorized $1,500,000; but of which
only $500,000 to be issued at present. The new owners are proceeding to rebuild and re-equip the entire lines, erect new power house, etc;
President, R. Lancaster Williams, Richmond, Va.— V. 67, p. 435, 1004.
Dale,
interest.
1893 4
(6)
J-J
Outstanding.
$1,000,000
Maturity.
'..
500.000 Jan. 1,1933
Interest at First Nat. Bank, Springfield, O.
5
95,000
2d M., income, $150,000
Interest on firsts was reduced temporarily in 1897 from 6 to 4 p. o.
Road— Owns
in fee 2Q'^ miles of track.
Earnings— Calendar year 1898.
gross, $94,662; net, $46,646; int.,
$20,000; bal., $26,646. In 1897, gross, $77,280; net, $32,302.
Officers— President, Oscar T. Martin; Vice-President, H. J. Crow
ley; Secretary and Treasurer. C. L. S. Tingley; Genl. Mgr., 8. L. Nelson.- V. 69, p. 439.
STREET RAILIVAYS.
FAIRMOUNT PARK TRANSPORTATION
Organization— A New Jersey corporation formed In 1896. Charter
perpetual; license from Park Commission runs until July 24, 1939,
From Nov. 30 to May 1 operation Is optional. Owns Woodside Park.
Road opened Nov., 1896.
Date, interest. Outsland'g.
Maturity.
Stock dk Bonds—
Stock, $2,000,000 ($50)
$1,770,000
See text.
1897 5g.
500,000
l8t M., gold, $500,000, caU)
Sept. 1. '12
Tr.. Phlla.
105 after Sept. 1, 1902, } Trustee. Girard L. Ins. A.
c* > As to bonds of 1897 see V. 65. 620.
($1,000)
100,000
1898
5
2d mortgage, $150,000
Dividends— TiT&t dividend paid Dec. 1, 1897, 2 per cent. None since
MS
to
&
November, 1899.
Park, 8"47 miles of track, and
crosses the Schuylkill River on a steel bridge. Rails are 90 lbs.
Earnings- Year ending Oct. 31, 1898, gross, $108,782; net, $40,510,
Int., $25,000; surp., $15,000.
In 1896-7, gross, $122,552; net, $72,652.
Officers— President, Charles A. Porter; Sec. ahd Treas, Ellsworth
H. Hult«; BulUtt Building, Philadelphia. -V. 65, p. 620.
Road—Traverses West Park and East
PHILADELPHIA &
TRACTION— A trolley road.
M/'EST
CHESTER
Organization—Chartered in 1895. This company, in Oct., 1898,
absorbed the Delaware County Passenger Railroad and the Philadelphia Castle Rook & West Chester Passenger Railway Co., and line to
West Chester had been completed in Dec, 1898—V. 60, p. 837.
Stockholders voted Sept. 5 to increase stock from $400,000 to $1,000,000 for the purpose of extending line to Dowington V. 69, p. 132.
Date, interest. Outsland'g. Maturity.
Stock & Bonds—
Stock, par $50 (*1,000.000)
$411,801
1898 5 g. J-J
350,000 Oct. 1, 1918
'\o^ail!t?0».6ci'i.?894 ;
Interest at Girard Life Ins. Ann. & Tr. Co., Phlla., trustee.
Bonds.— Of the 1st 5s. $50,000 were reserved for future uses. A.
fund was placed in the hands of the trustee to remove certain prior
—
liens.— v. 67, p. 1309.
67
Stock & Bonds—
Date.
Stock, $30.000,000,
)
par$50
J
&
&
—
Operating expenses
Secretary and Treasurer, C.
Russell Hinchman, office, 902
p. 837; V. 67, p. 30, 1309;
Provident Building, Philadelphia.— V. 60,
V. 69, p. 132.
(1)
PHILADELPHIA & BRISTOL PASSENGER RAILWAY-
ORGANIZATION- Chartered January
&
Stock
Bonds—
3,
1896.
Outsland'g. Maturity.
Stock $250,000 (par $50)
$250,000
letM.,$250,000 g. ($1,000). c* 1896 5 g. J-D
250.000 Jan. 15, '26
Interest at Security Trust Co., Philadelphia, trustee.
Road Philadelphia to Croydon Station, 7 miles, opened In April,
1897. Iiijunction has prevented completion to Bristol. When complete will connect with Holmesburg Tacony & Frankford Electric Ry.,
and form part of a through electric line from Bristol to Philadelphia.
Earnings.— Year ending June 30, 1898, gross, $14,013; net, $700.
Officers— President, Henry V. Massey; V.-Prest., Edgar A. Tennis
Sec. & Treas., Fraok G. Edwards.- V. 63, p. 230; V. 69, p. 1013.
Date,
interest.
—
;
RAILWAYS COMPANY OENERALORGAnization,- Incorporated at Trenton, N. J., in August, 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. In October,
1899, purchased the MontoursviUe Passenger Ry. of 5 miles, the
Milton Lewisburg & Watsontown Electric Ry. of 13 miles (each embracing an electric light plant), and the Philadelphia & Bristol Passenger Ry. (V. 69, p. 907-K 13). In November, 1899, was reported to
be negotiating to acquire other properties in various parts of tlie
country. Stock, authorized $1'^ ,000,000, shares $5; issued $1,500,000
(viz. 300,10 ) shares. Admitted in September to the unlisted department of the Philadelphia Stock Exchange.
Directors.- L. N. Downs, President; George J. Kobu.sch, W.
Gibbs, Dr. J. H. W. Chestnut, S. B. Vroomau, Edwin 8. Cramp, John
Blair MacAfee, and George 8. Graham. Main office: Harrison Building, 15th and hestnut streets, Philadelphia.- V. 69, p. 591, 907, 1013
W
SOUTHWESTERN TRACTION RAILWAYa
road. Cliartered
To be
in April, 1898. To run from Moyacounty line at Bow Creek, miking accessible
dlstriota In the southern and southwestern portions of the city. Con§truetlon under way.
trolley
menslng Avenue
Stock
&
to the
Bonos—
Stock ($450.000)
Ist mortgage. $4.50,000,
Date.
interest.
Outstand'g.
Maturity.
(1)
1898
.5g. A-O
$400,000
nv. EndTr. <fe Sate Dep. Co., Phila., trustee.
Of the Ist 58 $50,000 are retained to guarantee the interest for 18
months. Pres., E. A. Tennis; Treas., U. H. Hapsenplug.- V. 67, p. 1056.
5
gold..
UNION TRACTION.-A trolley road.
Organization —Chartered September 13, 1895, and acquired praotl
cally all the sharesof the Electric Traction and People's Traction Companies in place of which were issued collateral trust certlflcates
secured by the shares placed in trust.
In 1896 leased these
properties for 998 years and 3 months from July 1, 1896.
Has
also leased the Philadelphia Traction at 8 per cent on its capital stock
and has "assumed" itfl 4 percent collateral trust bonds. V. 6« p 663
Leases (from Jan. 1, 1898),He8tonville Mantua A Fainnount Passenger Ry. for 999 years at 6 p. c. on preferred and 4 p. c. on common
stock— see V. 66. p. 236. These companies Include all the leading
street passenger railway lines within the city of Philadelphia. See
terms of oonsolldation, etc., in statements for the constituent companies and V. 6 1, p. 152, 197, 283, 663.
Maturity or
Outlast dividend.
standing.
599,947 shares
$17-50 paid in.
29,724,876 red.aft. Oct. 1, '45
TrustCo.certiflcates) 1895
4g,A-0
Granting
gold, guar. p. & i. > Interest at Pa. Co. for Ins. on Lives
Annuities, trustee.
by Union Tr
)
Stock—The stock authorized Is $30,000,000; par, $50. Issued 599,
947 shares, on which the Urst instalment of $5 per share was due the
31st of October, 1895, a second instalment of $5 per share was payable
Mar. 2. 1896, $2*50 per share on March 1, 1897, and $5 was called on
Nov. 16, 1898. V. 67, p. 635.
The loan of $2,400,000 for purchase of Hestonville road was paid ofl
In Nov., 1898, from proceeds of fourth instalment (.|5) called on stock
of Union Traction Co.
Trust Certificates—The trust certificates are not the direct obligations of thpi Union Traction Co., but were Issued by the Pa.
Co. for Ins. on Lives & Granting Annuities to pay for the shares of
the Electric and People's Traction companies purchased and are
secured by a deposit with the Trust Co. of all the shares of the stock
of the Electric Traction Company and the People's Traction Company thus acquired. See description of certlflcates 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 au'l after Oct. 1, 1945.
F.
Under terms of lease the bonded debt of both Hestonville M.
Pass. Ry. and Fairmount Park <& Haddington companies was assumed.- V. 66, p. 230.
Road On June 30, 1899, operated 331 miles of road, 4t0 miles of
track.
Annual Report— Fiscal year ends June 30. Annual report for
1898-99 was given in V. 69, p. 643. Statement for 1897-98, including
Hestonville earnings since Jan. 1, 1898, with balance sheet, was in V.
67, p. 73>.
1898-99.
1897-98.
1896-97.
238,93o.353
No. passengers carried.... 259,527,668
228,102,758
Gross earnings
$11,793,858
$10,860,-542
$10,381,015
4,793,366
Total net Income
Taxes and licenses
Fixed charges
4,456.375
4,949,850
$7,000,492
242,408
$6,404,167
110,895
$5,431,164
99,630
$7,242,900
991,101
5,631,726
Road— Operates 20 miles from Philadelphia to West Chester.
Leases Phil. & West Chester Turnpike Road Co. for 999 years from Net earnings
Other income, interest, etc.
1895. President, A Merritt Taylor. 700 West End Building, Philadelphia;
Inf. or
Dividends,
$6,515,062
894,737
5,595,704
$5,530,795
913,389
5,469,340
Surplus
def.$851,934
$617,073
$24,620
Operating expenses, including licenses and taxes, were 4905 per
cent of gross income in 1898-99, contrasting with 49*27 per cent in
1897-98.
During 1898-99 $3,154,047 was spent on capital accounts, of which
$595,205 was for construction work (including amount on leased
lines), $2,387,520 for stocks of underlying companies, $111,655 advanced to leased roads and balance miscellaneous.
Vice-President, Geo. D
Officers— President, John B. Parsons
Widener; Secretary and Treasurer CJharles O. Krugei; Assistant-Secretary and Treasurer, Alex. Rennick.
Directors (Sept., 1899)— George W. Elkins, John B. Parsons.WiUiam
H. Shelmardine, P. A. B. Widener, William L. Elkins, Thomas Dolan,
George D. Widener, James MoManes, Jeremiah J. Sullivan, Alfred
Smith, Alex. M. Fox and Alex. Balfour.— V. 66, p. 1142; V. 67, p. 176,
635, 691, 734; V. 68, p. 332; V. 69, p. 182, 284, 643.
Lines Controlled by Union Tracllon f^o.
(1) 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 Oct. 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.
Maturity.
Outst'd'g.
6%M-8
Stock, par $50
$400,000
150,000
234,698
See text.
lstM.$150,000($l,000)o .... 1890 5 x A-O
Apr. 1, 1920
Due lessee July, 1898
Infest at Land. T. & T. Co., trustee. Penn. Co. for lusur. of Lives, eto.
IWDtdends—Dividends of 6 per cent are paid.
Road—The road aggregates 11-36 miles of track.
(2) CITIZENS
PASSENGER RAILWAY—
Organization-Incorporated March 25. 1858. Leased to Frankford
& Southwark Passenger Railway Company April 1, 1892. for 999
years; rental now $140,000 per annum, equal to 28 per cent on stock,
or $14 per $50 share. This lease was assumed by the Electric Traction
ompany July 1, 1893. The Union Traction now operates the road.
Maturity.
Stock & Bonds— Miles. Date, interest. Outsland'g.
'
Stock $500,000 ($50).
11
See text.
28%Q-J See t«xt.
Stock paid in $192,500; $20 on 8.500 shares and $16 on 1,500
shares. Road. Columbia Avenue to Mifflin St., 11 miles of track.
CONTINENTAL PASSENGER RAILWAY-A
trolley road.
Sept. 3, 1873. Leased Jan. 1, 1880, to
Union Passenger Railway Company for 99 years at rental of $6 per
share per annum. Interest, taxes and operating expenses; lease assigned
to Philadelphia Traction Company June 30, 1884. Operated by Union
Traction Company since October 1, 1895. Slocks owned, per balance
(3)
Organization— Incorporated
sheet July
Stock
1,
&
Stock, par
1898. $600,000.
Miles. Date, interest.
Bonds—
$6
$.-50
Ist mortKaKe, ($.500
and $1,000)
Due
5
J -J
18796%J-J
Hoif "aidin: i
$290,000'
See text.
July 1, 1909
< Interest at Land, T. <fe T. Co.. Philadelphia, Pa.
lessee for additions July 1. 1898, $672,568.
c.
Bonds are subject to drawiuf?s of $20,000 Dec, 1,
Land Title & Trust Co. Own 1007 miles of track.
(4)
Maturity.
Outstand'g.
yearly.
Trustea
ELECTRIC traction-
Organ izATioN— Incorporated May
8, 1893, and acquired control of
the Citizens' Passenger Ry..the Frankford & Southwark Passenger Ry
and the Second & Tliird Street Passenger Ry.
—
:
)
:
STREET RAILWAYS.
68
Consolidated mortgage for $1,250,000 was executed in 1«94, of which
afficient reserved for prior liens when due, and remainder, as also pre.
terred stock, sold to meet expense of electrical equipment.
Road—Juno 30, 1899, road owned 1783 miles of track in Philadelphia; leased and operated 6-25 miles; total, 24-08 miles.
Iq 1895 ttae Union Traction Oompany purotaaeed practically all tbe
•took at the riit« of $85 per share for each share on which $50 had
t)een paid and $70 per share for eaoh «hiire on which $30 had been
pikld, the Pennsylvania Co. for lunnrance on Lives & Granting AnnuiOn July 1.
ties Is.«ulng therefor It-s guai-aut«od trust certificates.
1896, the Union Traction Co. leased the property for 998 years and 3
teonths. See V. 61, p. 197, and also "Union Traction."
Stock db Bonds—
/'«»•
pd.)
$.50
»tock (part $30
^•undeddebt
& Southwark Passenger Railway.
PEOPLE'S PASSENGER RAILWAY.—An
(10)
Outstand'g,
is/tued.
DirUietuis.
$8,297,920
282,100
:
LOMBARD A SOUTH STREET PASSENGER RAILWAY.-
(9|^)
8ee Frankford
electric road.
282,100
Stock authorized, 175,000 shares of $50 each; Issued, 152,396 shares
Of $50 paid and $22,60-1 shares of $30 paid, making total $8,297,920.
Road—On June 30, 1899, operat«d 120-92 miles of track. Rail 90 lbs.
Organization— Of the capital stock the People's Traction has acquired 56,122 shares of common 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 ($2*50 per share) as below shown, nearly all of which
—V.
Is
7
63, p. SS7-
(o)
EMPIRE PASSIiNGER RAILWAY— A
Stock
trolley road.
,.
—
(11) PEOPLE'S TRACTION— An
Organization- Incorporated April 4, 1854. Acquired stock of Lombard A 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 & after.
Ist
4th
2d
3d
$18
$12 $12 50 $13 $13 50 $14 $14 50 $15 $16 $17
Miles. Date, interest. Oulstand'ff. Lastdiv.,etc.
"Union Traction" Co., this Supplement.)
issued.
Date. Dividends.
Stock, Etc —
Capital stock $30 >
oo-> tA-rt
S 200,000 shs.
see text.
{ $30 paid in.
\
(Seetext.)
Organization— Incorporated April 21, 1858. Leased Oct. 1, 1881.
to the People's Passenger Railway Company for 999 years, but rental
xnodltled in 1893 stock after 1897 receives dividends yearly of $5 25
;
(12)
per shaie.
&
Bonds—
far.
InVsl.
Date.
Q-J
$.50
(hUsand'g.
See text.
Maturiti/,
See text.
,
(8)
1864
Interest
I
is
j
'
GREEN A COATE8 STREETS PHILA. PASSENGER RY.—
Organization- Incorporated
April 21, 1858.
Leased to People's
999 years from Sept. 1, 1881, at an annual
interest on bonds, and expense of management.
Passenger Railway
rental of .$60,000,
Stock
&
for
Bonds—
Miles. Date.
Outstand'g.
Tntere
Stock, par $50
$6 Q J
There was a mortgage for $100,000 which
Mortgage trustee. Fidelity Insurance Trust
Dividends are 12 p. c. per annum (Q. J.)
\
Maturity.
db
Bonds—
stock, par
^^^^^^f^;
^f^^^^due July 15, 1898.
&
Safe Deposit Company.
Owns 7 miles of road.
Dale, interest. Outstanding.
$50
* J"-^
6 J- J
j
JlrtpVl^
Maturity.
(
Preferred stock, par $.50
533,9o6f.i).
Falrmount Pass Ry. Ist... 1861 6J-J
124.500
1882 6M-S
75,000
Heat. Man. & F. 2d M.cx
Interest at Guarantee Trust
894 5gM-N
1,0.50,!:
M., $1 ,250,000
Consol
180I.
,500
Girara Lire Ins.
$1,000. c'x t
g., $500 <k $l,OOO.c*x \ Trustee, Girard Life Im An. &
Xhxaranteed rental 999 year lease
p
,
,
Fairmount Pk.ctHad'irt'n
PM8. hy.
par
payable
St'k,
$.50.
)
}
„ ™
•--•"«'-
A
300,000
See
See
July I,
Mar. 1,
text.
text.
1901
1902
Co., Phlla.
May 1, 1924
Tr. Co.
;
Road—Owns
(13)
;
5
$712 J-J
\
5%J-J
1861
5%M-S
20,000 shs.,
$23 75 paid
$200,000
100,000
i
See text.
<
Jan.
1,
1910
11-7 miles of track.
PHILADELPHIA & DARBY RAILWAY—A troUey road.
Organization— Incorporated May 2, 1881. 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. MaturitvStock db Bonds—
4 J-J
Seetext.
$200,000
Stock, par $.50
100,000 May 1, 1927
^ ^^-^
iBtmorteaee
c^
iBt mortgage
" ^Interest at Land, T. &T.C0., Philadelphia, Pa.
Road—Owns 14-80 miles track.
(14)
PHILADELPHIA & GRAY'S FERRY PASS. RY.—Trolley.
Organization— Leased
to Philadelphia Traction Co. for 999 years,
1891, at rental Ist 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 db Bonds— MIs. Date. int.
from Jan.
1,
Stock, par $50
$4 J-J
Seetext.
a\vtP|25^pd! |
Tr. Co. Owns 10 miles of track.
&
PHILADELPHIA TRACTION— A
Dividends at Real Estate Title Ins
(15)
|
trolley road.
and secured control
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.
Consolidation—The lease to Union Traction Co. Is for 999 years from
Got., 1895. The lease provides for dividends of $4 (8 p. 0.) 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
extract* from lease. Philadelphia Traction stockholders were allowed
to subscribe for new Union Traction stock. See V. 61, p. 197, and also
OR3ANIZATION— Incorporated August
21, 1883,
of
Union Traction " Co.
Stock
Bonds—
this
Supplement
db
Oaitltal stock (par $50).
Date.
....
8
CoL trust gold bonds
See text.
in
;
$50
500
lstmort.,ext'd..o.
r. 500,&c
Debentures
'
Philadelphia. X Free of tax.
Common stock authorized, 39,322 shares preferred, 10,678 shares
par value of each, $50 stock outstanding as In table.
Interest is
<
abt.
PHILADELPHIA CITY PASSENGER RY.—A trolley road.
Stock
feli
1898. $100,000.
Stock
F.-A.
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. 1, 1895, to the Union Traction Co.
Maturity.
Stock db Bonds— Par. Date, interest Outstand'g.
\
(9) HE8TONVILLE MANTUA & FAIRMOUNT PASS. RY.—
Organization— Incorporated April 6, 1859. Franchise Is perpetual.
Lease- llestonvilleM. & F. road leased from Jan. 1, 1893, to Union
Traction for 999 years at a rental of 6 per cent on the preferred and 4
per cent on the common stock. By the terms of the lease the Fairmount Park <& Haddington lease Is assigned to the Union Traction
which assumes the dividends guaranteed on that stock (all owned by
HestonvlUe Co). The Union Traction assumes the honied debt of
both tbe HestonvlUe and Haddington companies and purchased 4,780
•hares of the preferred and 35,294 of the common HestonvlUe stock,
the common at $45 per $50 share.— V. 66, p. 236. "Loans" June 30,
Common
g.
Organization— Incorporated April
June 1, 19* 4
5 J-D
$67,500
subject to deduction of State tax and
is payable at Guarantee Trust & Sale Deposit
Co. of Philadelphia, Trustee.
[
The $160,000 5 per cent mortgage of the Germantown Pass. Ry.
was paid on Oct. 1 899.— V. 69. p. 695.
iStocfc- Paid in $572,800; $15 per share on 20,000 shares and $3S
1>«r share on 10,000 shares.
Road—Owns 31 miles of track. Extension of 2,000 feet from Hillcrest Avenue to city line completed in September, 1898, forms, with
the Roxborough Chestnut HiU & Norristown Passenger Ry. a through
line to Noi rlstown.— V. 69, p. 695.
500
f
Painn'nt Pk. <fe Del.
RlverPass.Ry.M.r
4
certs., gold, )
,
GERMANTOWN PASSENGER RAILWAY.—A trolley road.
Stock
Maturity.
Feb. 1, 1943
$5,807,970
1893.»io/ 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., which guarantees
principal and interest. Issue limited to $1,000 for 1427 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 declared a dividend of 4^^ per cent per annum.
Trust
.
Stock
electric road.
Organization— A Pennsylvania corporation, chartered in March,
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 cernflcates. On July 1, 1896, the Union
Traction also leased the road for 998 years and three months. (See
See text.
Q-J $1,875,000
Stock, par $50
45
Debt of Controlled Lines (assumed by Eleflric Traction Co.):
150,000 Deo. 1,1901
Lombard & South St. ( 10
1881 5x J-D
Subject to call since Dec. 1, 1886
Pass. Ist M., ($500 &.<
ccMtge. trustee, R. Est. Title Ins. &Tr. Co., Phlla.
$1,000)
132,100 Oct. 1, 1905
9
1875 7A-0
West End Pass' gr Ry., <
M. ($100 & $500. .c ? Mortgage trustee, Phlla. Trust S. D. & Ins. Co.
Interest on all loans payable by Elec. Tr. Co., 421 Chestnut St.,Phila.
Road— Controls 45 miles of track, acquired as follows
..20 miles.
*»»JiWord & Southwark Passsenger Railway
19 miles
I/Ombard ifc South Streets Passenger Railway
Lehigh Avenue Railway
6 miles.
(7)
10%M-S31 a60,000 8hs.
10%M-S31 a23,000 8h8.
;
FRANKFORD & SOUTHWARK PASSENGER RAILWAY—
Bonds—
Maturity.
See text.
See text,
Outstand'g.
interest.
I>ate.
•
a Total stock paid in $1,017,402.
All interest at the ottlce of tie Real Estate Title & Tr. Co. Due People's
Traction Co. July 1, 1898, for construction and equipment, $5,538,595.
The stock acquired by the People's Traction Co. was pledged as
secuiity for trust certiticates. 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. SS7-
&
db
db
250,000 Jan. 15, 190&
1875 7J.-J.15
:c
1st mortgage
458,000 July 15. 1911
1881 5J.-J.15
c
2d mortgage
367,000 Mar. 1, 1912
1882 5 M.-S.
Con. M. $1,125,000...
OAT Trustee Guarantee Trust & Safe Deposit Co.
$1,000
(All own. bv Un. Tr.) $600,000
Btook, par $.50
July, 1900
"
I-tM $300,000 (.>00).c. J- -• I'^'O Phlla.«^-J 200,000
MtM., *-?rtnnnn<^nn»
j i„t,.,.cst at
Tract. Oo.Philadelphla.Pa.
Due lessee Co. for addUious July 1, 1898, $705,715.
Road owns 1025 miles of track.
Stock
Bonds.—
-stock $25
Preferred stock $25..
Common
Organization— Incorporated Feb. 10,1869. Leased Dec. 26, 1873.
to CltUens' Passenger Railway Company and the Seventeenth and
Nineteenth Street Piuisenger 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
•nd lessee], by lease of Philadelphia Traction to the Union Traction Co.
Maturily
mies. Date, rnteregt. OulsVn'a.
Stock
Bonds—
•(6)
pledged for People's Traction Co. trust certittcates.
1887
4
Outstanding.
Maturity.
A.-O.
$20,000,000
Seetext.
F.-A.15
94^,000 Aug.l5, 1917
Sub. to call at 105c* 5 Interest, free of tax. payable at LandT AT.Co.
Trustee, Penn. Co. for insurance on Lives.
Open acots. July 1, '98
$3,914,196
)
Interest.
g.
RAILWAYS.
STKEET
The bonds are secured by deposit of W. Philadelphia and Union Pas•aenger Ry. stock. Loan originally $1,300,000, reduced to present
figures by sinking fund drawings at 105 (about $35,000 a year). These
t)onds and floating debt are "assumed" by the Union Traction Co.
-ander the lease.
-Dividends— ? 1885, '86, '87, '88, '89, '90 to '93, '94, 95' '96, and since.
6
8 p. o. per an
8 (t)
Per cent
Under lease dividends of 8 p. c. are guaranteed. V. 61, p. 663.
Stock—The total authorized stock Is $30,000,000.
Road—The system now assigned to the Union Traction Co. aggregated 210 miles, consisting of the following " Passenger Railways:"
Miles
Miles.
9-45
520" Phila. City Pass. Ry
'Union Passenger Ry
8-84
27-25 17th & 19th Streets
West Phila. Pass. Ry
8-25
15-25 22d & Allegheny
Ridge Ave. Pass. Ry
7-30
1480 Morris ATasker
Phila. & Darby Pass. Ry
5-10
13-10 Catharine & Bainbridge sts.
13th & 15th Streets
18-86
1020 Other lines
Phila. & Gray's Ferry
9-80
Continental Pass. Ry
21000
9-80
Total of all
Empire Pass. Ry
Prepident, George D Widener; Vice-Presidents, W. L.
Officers—
{•23654
ii:ikins
and
Rennick.-V. 63,
Parsons; Secy, and Treas., Alex
J. B.
311,5^7; V. 65,
p.
p.
514.
(16) RIDGE AVENUE PASSENGER RAILWAY.
Organization— Consolidation of Girard College Passenger Railway
dmd the Ridge Avenue & Manayunk Passenger Railway on March 8,
1872. Leased to the Philadelphia Traction Co. for 999 years from
Sept 1,1892, for dividend of $10 per share per annum to September.
1895, and $12 per share thereafter. Operated by Union Traction
Oompan;
Stock
&
since October
Bonds— Miles.
Stock, $750,000
Par$.50
On account
1895.
Date, interest.
1,
\
of
Last
Outsland'g.
«i<? ti-J
$12 n r
>
5
j
some old debts dividends
15,000 shrs.
)
div.,ett.
a„„ *„„*
^ee text.
$28 paid. \
for 1896 were continued
At $10 per share instead of the $1 2 as noted above. In 1897 dividends
were increased to $12 per share. Own.s 15-25 miles of track.
SECOND & THIRD STREET PASSENGER RAILWAY—
(17)
Organization- Incorporated April 10, 1853. Leased Oct. 1, 1893
''•to tlie Frankford & Southwark Passenger Railway
Company for 999
years for the following guaranteed dividends per share per annum
1893.
1894-95.
1896-97.
1898-99.
1900.
1901.
1902 & aft.
$8 50
See below.
$10
«12
$9
$1« 50
$11
Dividends In 1896 and 1897 were to be $9 50 per annum, but the
dividend for 1896 and for the first half of 1897 was at the 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.
Stock
&
Bonds—
sharlsfpar $50.^.*
Date,
Last div
Outstand'g.
interest.
'^^^^ Q"''
$771,076 pd.
in.
,
etc.
See text.
\
{18) SEVENTEENTH & NINETEENTH STS. PASSENGER RY.Organization— Incorporated April 12, 1859. Leased to the Continental Passenger Railway Co. for 99 years from July 1, 1879, at rental
of $15,000 per annum, being 3 per cent on 10,000 shares (of $50 par)
stock. Interest on bonds, taxes, expenses, etc. Transferred under lease
•of Philadelphia Traction Co., October 1, 1895, to the Union Traction
Company; all rights of the Philadelphia Traction Co. to dividends on
the 10,000 shares of the 17th & 19th Streets road, which were then
held by the Union Passenger Railway Co. as trustee and lessee, being
*l8o transferred to the Union Company. Stock all owned by Union
Traction Co.
Stock
&
Bonds— Mis.
Outsland'g.
Maturity.
J-J |
}
See text.
^J^^^^^W^'
let M. ($.500)... c?
....
1876 5% J-J
July 1,1919
$100,00()
Extended
{ Interest at Land, T. & T. Co., PhUadelphia, Pa.
Due lessee for additions July 1, 1898, $554,289.
-Stock, par
Date.
$50
Int.
30/0
Road—Owns 8-84 miles of track.
(10) THIRTEENTH & FIFTEENTH STS. PASS. RY.-A trolley road
Organization— Incorporated April 8, 1858. Leased Jan. 1, 1892, to
Company for following rental From Jancary,
1892, to January, 1894, $9 per share per annum 1894 to Jan., 1897,
.$10 per share; 1897 to Jan., 1900, $11 per share, and from Jan., 1900,
#12 per share. Lease transferred to Union Traction October 1, 1895.
Stock
Bonds— Miles. Date, interest. Omstand'g. Maturity.
Stock, par$50
$11 J-J I^^OOOshs. ) ^^^ ^^^^
•Philadelphia Traction
:
;
&
Ist
M
($500)
c
1876 796 A-O
1894 50^ J-J
^
$100,000
Oct. 1, 1903
Jan. 1, 1934
$400,000
''7n^l'T^^:''^l:\
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.
In July, 1896, paid $4 per share; in 1897, Jan., $5 per share in
full for last half of 1896; July, $5 50 per share; in 1898, Jan., $5 50.
July, $5 50; in 1899, Jan., $5 50; July, $5 50.
Interest and dividenas are payable at office of the Fidelity Insurance
Trust & Safe Deposit Co., the trustee of both mortgages.
The consols are guaranteed principal and interest by the Phlladel•phla 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.—
1155.
—
(20)
UNION PASSENGER RAILWAY— A cable and horse road.
Organization- Incorporated April
8. 1864.
Leased to Philadelphia
Traction Company for 999 years from June 30, 1884, at an annual
rental of .$285,000, or $9 50 per share on stock, and Interest, taxes, etc,
'Its
lease of the Continental
Company was
assigned to the Philadelphia
Traction Co. and since Oct. 1, 1895, operated by the Union Traction Co.
'The Union Passenger Railway Co. in 1899, it is believed, was still
-holding as lessee and trustee 6.100 shares Empire Passenger Rail•«^ay Btooli[and 10,000 shares of 17th <fe I9th Streets Passenger Railway-
Stock
&
Bonds—
69
Miles. Date, interest. Outstanding.
Stock, par $50
Maturity.
*jT
See text.
S
j I^Sfi'fn' \
Dividends paid at 423 Walnut St
P**" 1'*'" '°- )
18815xA-0 $500,000 Mar.31,1911
Ist mortgage ($100 >
$20,000 redeemable yearly.
and $500)
c. s
Trustee, Penn. C"o. for Insurances on Lhea.
Mar.31,1910
1884 5xA-0
250,000
2d mortgage ($100 >
and $500)
o. \ Int. on both loans at Land,T. AT. Co., Phila., Pa.
Due lessee company for additions July 1, 1898, $6,683,287.
Road— Owns 56 miles of track.
(21 )
WEST PHILADELPHIA PASSENGER RY.— Cable and horae.
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.
Bonds— Miles. Date, interest. Outstand'g. Maturity.
Stock
See text.
$10 J-J $750,000
Stock, par $.50
1876
246,000 April 1, 1906
Ist mort. ($1,000), <
gold
c\ Mort. trustee, Girard Life In. An.&Tr. Co., Phila.
7.50,000
May 1, 1926
1886 5 M-N
2d mort. ($1,000)
Mortsrage trustee, Pennsylvania Co. for the Ins
Free from tax.
of Life & Gr. of Annuities, Philadelphia, Pa.
Interest on both loans payable at Land, T. & T. Co., Philadelphia, Pa.
Due lessee for additions to July, 1898, $2,434,276.
Road— Owns 27-25 miles of track
;
&
6A-0
UNITED POWER & TRANSPORTATION
CO.— Electric roads.
Incorporated April 20, 1899, under New Jersey laws to construct,
operate and own street i ail ways, power companies, etc., and do a
general business (V. 68. p. 929).
On August 7, 1899, owned the following stocks. We show also the
total stock outstanding of each of the companies.
Total
&
Owned. Stock.
Shn es. Shaes.
Power Co. of Delaware Co... 6,194 7,000
Citizens' El ctric Light
Delaware County & Pliiladelpliia Electric Ry
Edison E ectrlc Illuminating Co. of Lebanon, Pa
Holmesburg Tacony & Frankford Electric Ry. Co
Lebanon Valley Street Ry. Co
Roxboro Ches-tnut Hill & Norristown Ry. Co
Trenton Street Ry
United Traction Co. of Reading, Pa
Wilkesbarre & Wyoming Valley Traction
Wilkesbarre Dallas & Harvey's Lake Ry
Wilmington & rhester Traction
Wilmington City Electric
5,993
9,891
14,972
9,991
3,938
19.953
7.991
49,552
3,893
39,993
4,962
6,000
10,000
15,000
10,000
4,000
20,00ii
8,000
50,000
4.000
40,000
5,100
authorized, $12,500,000; present Issue,
with 40 per cent, or $10 per share, called.
Stock and Bonds.— Stock
•$3,125,0( 0; shares $25,
Bonds, 4 per cent collateral trust certlttoates, are in two series, which
(a) and (6) below.
[Both bonds and stock listed on
Philadelphia Stock Exchange.]
(a) Under a Trust Agreement between the United Power & Transportation Company and the New Yom Security & Trust Company,
trustee, dated 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
deposited with said trust company 19,953 shares Trenton Street
Railway Company, 39,993 shares Wilmington & Che-ster Traction
Company, 14,992 shares Holmesburg Tacony & Frankford Electric
Railway Co., 7,991 shares the United Traction Company of Reading,
Pa., 4,962 shares the Wilminrton City Electric Company and 49,538
shares the Wilkes Barre & Wyoming Valley Traction Company.
Under the above agreement, an additional amount of $56,203 ot certificates will be issued upon deposit with the trustee of the remaining
shares of the capital stock of the above companies
(6) Under a Trust Agreement between the United Power & Transportation Company and the Real Esta'e Title Insurance & Trust
Company of Philadelphia, dated May 1, 1899 (under which $998,833 34 Delaware County Railway Gold Trust Certificates have been
Issued), the United Power & Transportation Company has deposited
with the said trust company, as trus ee, 5,993 shares Delaware
County & Philadelphia Electric Railw ay Co.
Under the above agreement an additional amount of $1,166 66 of
certificates will be issued upon deposit with the trustee of the re-
we have marked
maining shares of the capital stock of the Delaware County & Philadelphia Electric Railway Company.
The principal of both series (wbich 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. & J.) and
the principal are payable in gold coin, free of tax, at the offli e of the
Real Estate Title Itsurance
& Trust
Latest Earnings— For
months
2
Co. ot Philadelphia, trustee.
to Septeml er 30, 1899, gross was
$202,987, against $176,002 in 1898.
Officers.— President. John A. Hgg; Vioe-Prests., R. N. Carson-
H.C.Moore;
General offices, Bullitt
Sec. and Treas., E. J. Moore.
Building, Philadelphia. -V. 68, p. 830, 929, 1078, 1136, 1184, 12i8;
V. 69, p. 29, 13?, 797.
(1)
DELAWARE COUNTY & PHILADELPHIA ELECTRIC RY.—
A trolley road.
Organization— Completed from Media,
Pa., to Baltimore
Avenue,
&
Walnut
Philadelphia, in January, 1895 connects with the Chestnut
Street cars of the Union Traction system.
In Dec, 1898, additional
lines through Delaware County were proposed and is to have a connection with the Chester & Media. In May the United Power & Trans,
portation Company acquired the rond, paying $150 per share for the
stock in its 4 per cent trust certificates secured by a deposit of the
;
stock.
Stock
&
Bonds—
1«t mortgage
181 morto-fto^e
Dividends— On
Date,
interest.
Outstanding.
Maturity.
See text.
$298,000
July 1, 1918
64,000
1893
6 .1-J
J
j Interest at Independence Nat. Bank, PhUa.
Feb. 6, 1899, 4 p. 0. was paid.
Stock, $500,000 auth
.
1
STREET RAILWAYS.
70
ROAD-^an. 1 1899. owned 10 miles. Ralls 80-lb. T and irlrder.
Earnings— For year ending June 30, 1898, gross, $68,477;
.
net,
$35,458; Interest, tAxes, etc., $6,762; dividend, $23,600 balance, surplus for year, $5,096. In 1896-7, gross, $63,258 net, $31,164.
Officers— President, John A. Rlgg; Vice-President, H. C. Moore;
Secretary and Treasurer, M. C. Aulenbaoh.
;
;
(2) HOLMESBURG TACONY & FRANKFORD ELECTRIC RY.A trolley road.
Acquired in 189 ? by United Power
it
Transportation Co. Paid $35
$50 sliare of the Holmes-
in 4 per cent trust oertittcates for eacli
burg Co.
Organization—Incorporated in 1890. Opened Oct. 6, 1895.
Stock & BondsDate.
Maturity.
interest.
Oulstand'g.
Stock (par $50) $800,000
$750,000
l8tmort.,$400.000.gold. 5 1895
5g. M-N
400.000 May, 1926
$1,000 and $500
c* ?
Trustee. West Phila. Title & Trust Co.
Interest is paid at R. E. Title Ins. & Tr. Co., Philadelphia.
Road—Total track owned, 1618 miles; track leased. 1-11 miles.
Earnings— For year ending June 30, 1808, gross, $94,696; net,
$14,793; int., taxes, etc.. $25,592; balance, deficit, for year, $14,799.
Officers.— President, John A. Rigg; Vioe-Presideut, R. N. Carson;
Treasurer, M. C. Aulenbach.
LEBANON VALLEY STREET RA.ILWAY.—A trolley road.
(3)
Organization.- A consolidation in 1899 of the Lebanon & AnnvIUe
Street Rail way and the Lebanon & Myerstown Street Railway. The
UnitedPowerA Transportation Co. owns 9,991 shares out of the 10,000 shares of the capital stock.
Oate. interest. Ou,l stand' q.
Stock & Bonds —
Maturity.
Stock, $500,000 (per $50)
$500,000
Ist mort. 10-308
1899
5
400,000 July 1, 1929
Road— Owns 23 miles of track. Extension building.
Officers— President, S. P. Light; Sec. and Treas., M. C. Aulenbach.
(4) ROXBOROUGH CHESTNUT HILL & NORRI5TOWN RY.—
A trolley road.
The United Power <fe Transport ition Co. owns 3,938 out of the 4,000
shares of the capital stock.
Organization— In February, 1898, arranged to lease the Wissa
bickon Electric, 3 1« miles, for 999 years; rental to be 2 p. o. on the
$145,800 stock for the first two years, 3 p. o. for the next six years, 4
p. 0. for the next seven years and 5 p. c. for the rest of the
term. Now operates 20 miles of track. In June, 1896, filed a
mortgage for $450,000 to the Real Estate Title Insurance & Trust Co.,
Philadelphia, securing 5 per cent gold bonds, J&D,due in 1926, of which
$396,000 were outstanding July 1, 1898. Capital stock, $200,000;
par, $50.
Latest Earnings— 5 mos., ) 1899
Gross, $36,855; net, $9,091
Jan. 1 to May 31.
51898
Gross, 34,151; net, 9,450
For year ending June 30, 1898, gross, $95,949 net, $37,191; Interest, etc., $24,229 balance, surplus for year, $12,962. President, J. A.
Rigg, Vice-Pres., R. N. Carson; Secy, and Treas., M. C. Aulenbaoh.
—V. 62, p. 1042.
;
;
TRENTON STREET RY-TrdUey.
The United Power & Transowns 19,953 out of the 20,000 shares of stock.
Organization- Formed June 29, 1898, by consolidation of the
(5)
portation Co.
Trenton Passenger Ry., Mulberry St. Pass. Ry., Pennington Ave.
Pass. Ry. and Ewing Pass. Ry. See also Trenton Traction Company.
In August, 1899, the Mercer County Traction Co. was formed, with
a capital of $100,000. to enable the Trenton Street Ry. Co. to build an
extension into Princeton.
On Feb. 1, 1899. the consolidation of the electric companies of Trenton went into effect under the title of the Trenton Gas & Electric Co.
But the Trenton Street Railway has no connection with the Gas &
Electric
Stock
Company.— V. 68, p. 284.
& Bonds— ^_ Date, interest.
Stock, $1,000,000, p. $50
mort
$1,000,000, gold
$1,000 each, c*
Interest at Nat. Mechan.
Maturity,
etc
..
r
)
I
I
|
I
EARNINQS.-Year ending Dec. 31, 1898,
gross, $247,051; net, $16,
284.
Officers— President, Henry C. Moore; Vice-President, Thomas
Secretary and Treasurer, Jno. L. Kuser.— V. 68, p. 284, 475.
Barr
(6)
C.
;
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 percent collateral trust bonds of the Power & Transportation Co. for every $50 of United Traction Co. stock held, with
right to Hubscribe for Power & Transportation stock.
Organization— Incorporated in December, 1895, to control the
Reading Traction (leased) and Reading <fe Womelsdorf Electric (stock
owned) roads. Also owns the stock of the Metropolitan Electric Co.
In Jan., 1899, the Reading Traction Co. was reported to have acquired
control of the Reading <fe Southwestern Ry.
Date.
int.
Stock and Bonds—
Outstand'g. Maturity.
Stock, $400,000 (par, $.50)
$403,700 full nd.
iBtM.. coll. trust, gold, $150,-) 1896 5gJ-J
149,900
Jan.i.i92'6
000 (par $100 & $1,000) .... J Trustee, R. E. Title, Ins. <fe Trust, Phila.
Interest at Co.'s office. Bonds subject to call at par after three years.
Road— Operates
Reading
<fe
Controlled by United Traction Co.
(a)
READING TRACTION—A trolley road.
Organization—Chartered in 1893 to operate the Reading City Passenger Railway and East Reading Passenger Railway, which it
equipped with electricity and leased for 99 years, the former from
April 1, 1893, and the latter from May 1, 1893. Road leased
December, 1895, 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
Jan., 1899, reported to have acquired control of the Reading & Southwestern Ry.; reported to have 7^2 miles of track bonded for $65,900.
Stock & Bonds— Par. Date, interest. Outstand'g. Maturity.
Stock. $1,000,000 au. $50
See text.
J-J
$1,000,000
l8tM.,$600,000,g.,gu(
445,000 Jan. 1, 1933
1893 6g. J - J
Not subject to call 0.* ( Trustee is Provident Life & Trust Co., Phila.
Current liabilities July 1, 1898, $199,860.
Interest is payable in Philadelphia at Bank of North America and in
Reading.
Bonrfs— Of the Reading Traction first mortgage bonds for $600,000;
$1 12,000 are reserved to retire Readi ng City Passenger bonds when due
LEASED LINES SECUK's. Par. Date. Interest. Outstand'g. Last div., etc.
Reading City Pass. Ry.
Stock (see below)
J-J $350,000
Seetext.
$50
IstM
5 A-O
118,000
Apr., 100»
1889
East Reading Elect. Ry.
Stock, full paid
Seetext.
50
J-J 100,000
Bonds. $25.000
...1897
21,500 July 1, 1937
5 p. c.
Read. & Temple Elec.Ry.
Stock, $75,000, guar
7 A-O
43,200
Seetext.
Ist mtg., $75,000
1894
43,500 Oct. 1, 1924
5 A-O
Dividends on Leased Line Stocks—The Reading City Passenger stock
to receive dividends. 1896 to 1899 inclusive, 10 per cent; 1900 and
thereafter, 12 percent. East Reading stock receives dividends: 1896,.
$6,500; 1897 to 1900 inclusive, $7,000; thereafter, $8,000.
Earnings— For year ending Dec. 31, 1898, gross receipts, $430,956net, $170,637; fixed charges, $166,517; bal., surplus for year, $4,120.
Car mileage, 1,115,198; passengers carried. 4,655,028.
Road- Owned and leased 31 miles of track. V. 64, p. 177. The
Reading & Southwestern owned 7 miles.
m
,
(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
&
Bonds—
Date,
interest.
Stock
1st mortgage,
Oulstand'g.
Maturity.
$500,000
313,000 Jan.
$400,000,5 1895 5 g. J-J
gold, c* ($1 00, etc.)
l Trustee. Real Est. Title Ins.
Interest at Reading Trust Co. of Reading. Pa.
1,
1925
& Tr., Phila.
(7) WILKESBARRE & WYOMING VALLEY TRACTION.— The
United Power & Transportation owns 49,552 out of the 50.000 shares
of stock.
Organization— Controls all the street railway lines in the Wyoming
Valley, Pa., extending from Wilkesbarre to Duryea and Nanticoke ott
east side of Susquehanna River and Pittston, Plymouth, on west side.
Date, interest. Outstand'g.
Maturity.
Bonds—
Stock
Stock (par $100)
Text.
Seetext.
$5,000,000
1^91
IstM $1500 000 eold i Interest5g. A-O 1,500,000 Apr. 1, 1921
1st M. $i,DOO,ooo, gom.
at Provident Life & Trust, Phila.
^
CoUat. Tr. & Mortgage 5 1895 5g. J-J
Jan. 1, 1925.
$325,000
$325,000, gold
( Int. at Anthracite Sav. Bk., tr., Wilkesbarre.
&
Underlying Bonds on Roads Purchased—
Oxitstand'g.
$1,000,000
$100,000
1906 to 1915
($10,000 due yearly Sept. 30)
$150,000
1916 to 1925
\ 1891
6g.A-0 { ($15,000 due yearly Sept. 30
Bank, Trenton,N. J.
$100,000
1926 to 1930
($20,000 due yearly Sept. 30)
$650,000
Sept. 30, 1931
Consol. mort., gold
5 1898
5g.J-J
$752,000
July 1, 1938
$2,000,000
\ Int. in Phil. & Trenton; Gir. L. Ins., &c.', trus.
BONDS-Of the consol. 4s of 1898. $1,000,000 are reserved to retire
the Ist 68, and $248,000 are held in the treasury for future extensions.
Road— Owns 34 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.
Tr. Pass. First
Womelsdorf, Black Bear and Stony Creek; Reading & Southwestern,
7 miles. In 1899 extension from Stony Creek to Friedeneburg, 6
miles, reported to be proposed.
Earnings— From Jan. 1 to Oct. 31, 1899, gross, $184,435; in 1898»
$163,979; in calendar year 1898, gross, $202,226; $194,170 in 1897,
$189,493 in 1896; $188,396 in 1895.
Officers— President, John A. Rigg; Sec. and Trea., M. C. Aulenbach.
-V. 61, p. 1014, 1118; V. 67, p. 1264; V. 68, p. 830, 829, 873.
48 miles of track (Reading Traction, 31 miles,
Womelsdorf Eleo., 14 miles) In and between Reading;
Coalville Pass. Ry. bds
12,000
Wilkesb. & Siirb. bonds
5 p. c.
40,000
Wilkesb. & W. Side bds
35,000
O^iaranteed bonds
Pittston St. Car IstM.) 1893 6g. J-D
$200,000
Dec. 1, 1918
p.&i. uncondit'y guar, s Int. at Real Estate L. & Tr. Co., Philadelphia.
Plymouth Br. Co.lstgoldJ 1894 5g.A-0
$150,000
Oct. 1,1924
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.
—
& Kingston
6
F-A
90,000
Wilkesb're & E. Side Ry
150,000
See below.
Dividends—In 1896, Jan., 1 per cent; July, 1 percent.; in 1897,.
Jan., 1 p. 0.; In 1898, Jan., 1 p. c; in 1899, Jan., I p. 0.
Road— Comprises 63-60 miles of track, fully described in the
Chronicle of Feb. 22, 1896, page 361.
Companies Controlled in System—The following table shows the
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.
WUkesbarre
Name of Company.
Owned.
Debt. Rentals
Issued.
$62,400 $33,700 $12,000 6p.c.
12,000
12,000
None.
$1
42,000
42,000
None.
$1
200,000 200,000 200,000
12,000
12,000
None.
$1
30.000
30,000
None.
$1
150,000 150,000 150,000
100,000
99,700
90,0
6p.c.
100,000
93,500
40,000 6p.c.
100,000
92,450
35,000 6p.c.
Miles.
Coalville Passenger Railway
Nanticoke Street Railway..
Pittst. Moosic & P. V. St. Ry.
Pittston Street Car
Plymouth Street Railway.
W. Pittston <Se Wyo. St. Car..
.
.
5-67
968
1-95
8-82
6-00
2-25
Wilkesbarre & East Side!! ... 500
Wilkesb. & Kingst Pass. Ry. 660
Wilkesb. & Suburb. St. Ry .. 10-00
9-63
Wilkesbarre & West Side
Entire stock and bonds deposited under collateral trust of 1895.
) 1899.. Gross, $204,840; net, $1 20,638Jan. 1 to May 31.
5 1898. .Gross,
104,745; net, 108,811
Annual Report—Official statement for 1897 was in V. 66, p. 285.
rear ewd.X)ec.31. 1898.
1897.
Tear end. Z>ec. 31. 1898.
1897.
Gross earns... $506,747 $491,289 Taxes, etc
$68,695 $50,276—-1
-—.
286,844
Net
272,404
Int.onbd8.,etc. 125,142
124,829 Surp. for year.... $93,007 $97,302:
-V. 65, p. 152; V. 66, p. 286. V. 68, p 830, 1134. V. 69, p. 29.
11
Latest Earnings— 5 mos.,
I
—
|
STREET RAILWAYS.
(8)
WILKESBARRE DALLAS & HARVEY'S LAKE RY.—The
Power & Transportation owns 3,893 out
"United
of
the 4,000
in 1898, per plan in V. 66, p. 1190,
Northern RR.,sold by sheriflf in Sept., '98. Road,
of the Wilkesbarre
partly constructed, was completed and electrically equipped by new
company from Luzerne, Pa., there connecting with Wilkesbarre &
Wyoming Valley Traction, to Harvey's Lake, Pa., 12 miles. Stock
Organization— A. reorganization
&
$200,000; bonds, $150,000.— V.66,p.ll90; V.67,p.488; V. 69,
(9)
p.
133.
WILMINOTON & CHESTER TRACTION—
Has been acquired by the United Power & Transportation Co., which
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
lea.sed lines about 57 miles of track, and with the connecting link,
between Wilmington and Chester, opened in April, 1899, has 66
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
,
&
Date, interest. Outstand'g.
Maturity.
Stock
Bonds—
Stock, $2,000,000; par, $50
Listed on Phil.Ex. $2,000,000
f. p
CoU.tr., gold, $4,000,000)
1898 5 g. A-O
1,705,000 Apr. 1, 1918
($500 and $1,000 ea.).o* S Provident Life & Trust Co., Phila., trustee.
SECURITIES (NOT OWNED)
OF SPBSIDIART LINES—
WU.atylstM.,$600,000, )
gold, $500 each
o )
1891
5
g.
M-S
600,000
Sept. 1, 1911
Subject to call on or after Sept. 1 ,1901
Interest is payable at the Equitable Trust Co., Wilmington, Del.
Chester Trao. 1st M., gold
0* 1894 5g.M-N
($25i>,000)
250,000 May 1, 1914
Leased to Chest. Tract. —
Union Ry. Co. Ist M., gold
($500 & $1.000)0
1893
5g. J-J
200,000 Jan. 1, 1913
Chester St. Ry. stock (SS""
10
J-J
150.<00
July, 1899
Ches.A Media El. Ry.gold) 18S3 5g.J-J
100,000 July 1, 1913
Ches. Darby & Phila. gold. 1893 5 g. J-J
125,000 July 1,1913
Interest on Chester Traction, Union Ry., Chester Street Ry., etc.,
payable at Delaware County Trust Co., Chester, Pa., and interest upon
all the latter guaranteed by Chester Traction Co.
Bonds— Of the collateral trust 5e of 1898, $1,705,000 represents
purohasA of total stock of Wilmington City Ry., entlr«i capital stock
of Caiester Traction, all stock and bonds of Gordon Heights Ry., and
provides for construction and equipment of new Une between Wilmington and Chester and improvements. Of the balance $1,695,000 are re
served to retire underlying securities and guaranteed stock, $500,000
for future extensions, etc., and $100,000 remain In company'streasury.
Bonds are subject to caU at 103 after Apr. 1, 1914.
Officers— President, John A. Rigg; Vice-President, E. J. Moore;
Secretary and Treasurer, C. Ford Stevens.— V. 68, p. 620, 929.
CHESTER TRACTION—A trolley
road.
Consolidation— In 1898 entire stock of Chester Traction and also
the WUmlniiton City Ry. (Delaware) was acquired by Wilm. & Chester
Trac. Co., which company is In turn controlled by the new United
Power Transportation Co. see the latter.
The Chester Traction Co. holds all the stock of the Union Railway
Co., $100,000, Chester & Media stock, $35,000, Chester Darby & Phila.
stock, $65,000; total, $200,000.
All Interest payable at Delaware County Trust Co., Chester, Pa. Interest upon all subsidiary securities guaranteed by Traction Co.
Date, interest. Outstanding. Last Div.dc
Stock
Bonds
Stock ($500,000); par, $50
$500,000 July, '95, 4%
IstM., gold. ($250,000)
0*1894 5 g M-N
250,000 May 1, 1914
Road— Company operates 28-7 miles of track
—
&
—
&
Miles.
Union Ry. Co
Chester St. Ry. Co
Chester & Media Eleo Co
8*4
7-5
5-4
Chester Darby
Total
& Phila. Co.
. .
7*4
28-7
:
PHOENIXVILLE, PA.
Population 1890 was
MONTGOMERY & CHESTER ELECTRIC
To be
8,514.
RY.—
Kan. In October, 1899, the road
sold at foreclosure to J. J. Tyler of Philadelphia for $70,000. It
is reported that an extension of 4 miles from Frontenac to Yale mining camp win be made at once. The old securities are described
electric-light plant In Pittsburg,
was
below.
&
Outstanding.
Date,
interest.
Maturity.
Stock
Bonds—
Stock $100,000 (par $100)
$100,000
l9tmort.,*125,000, gold < 1896
125,000
Jan. 1,1911
6 g. J-J
redeemable in 10 years < Int. at R. E. Title Ins. & Tr., Phila., trustee.
Pitts.WeirC. cfeCol.lstM. ) iqo-7
en/ J-U
ii\
t>«„ i lone
Uec. 1,1906
b% j r,
(?)
*7'i onn nB«iim«r1 hu P C '^''^'
5 Int. at N.Y. Security & Trust, trustee.
f:
&
The
^
s!
mortgage covers all the railway, property, franchises, electrlc-llght plant and real estate.
Road— In Jan., 1899, operated 17'3 miles of track, running from
Pittsburg to Frontenac. Litchtield. Medway, Cornell and Yale.
ttrst
PITTSBURG, PA.
the stock of the
all
Wilmington City Ry. ($517,850) and of the Chester Traction Co.
($500,000). The latter company holds all the stock of the Union Ra 1way Co $100,000; Chester & Media stock, $35,000; Chester Darby &
PhUadelphia stock. $65,000; total, $200,000.
{a)
Orqanization— Chartered July 9, 1894. The population of the dls
served by the road is said to be over 21,000. Company also owns
triot
an
shares of stock.
a trolley road.
Organization— Completed from PhoenixvUle
to Spring City, Pa.,
Stock authorized, $100,000; outstanding,
$50,000. Bonds, $100,000 30-year gold 5s, due March 1, 1929 ($1,000
«ach). Int.
at Real Estate Trust Co., Philadelphia, trustee; outstanding, $100,000. President, John J. Ridgeway. 721 Walnut St.,
Philadelphia, Pa.; Sec, C. S. Jarvis Treas.. Franklin Ingram.
eia miles In June, 1899.
MS
;
71
Population 1890 was 238,617;
PHILADELPHIA CO-— Gas (natural and manufactured),
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 & Sons, of Baltimore, its operations were extended,
as permitted by charter, to absorb the Consolidated Gas Co. of Pittsburg (artiUclal 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 & 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
theentlre capital stock of the Low Pressure Gas Co., which heretofore
supplied the towns of Homestead and McKee's Rocks and the borough
electric
of Gsplan, all adjacent to the City of Pittsburg. Pennsylvania NatuGas stock was In Nov., 1899, taken In exchange for Philadelphia
ral
Co. stock at the rate of three shares of gas stock for one share of the
stock of the Philadelphia Co. V. 69, p. 1015. Also made an offer for
the stock of the United Traction Co., street railway system, below
described, conditional upon a majority of the stock being deposited
for exchange before Jan. 1, 1900— see V. 68, p. 479. In October, 1899,
began exchanging its stock for that o t the United Traction common
under this offer.— V. 69, p. 744.
There have been reports of a merger of the Philadelphia Company
and the Consolidated Traction, but up to Nov., 1899, arrangements
had not been closed.
securities to be outstanding per plan of FEB., 1899.
Date,
interest. Outstanding. Lasldiv
Bonds—
Stock
&
cities of
&
Miles. Date, interest. Outstanding. Maturitu.
Stocks
Bonds—
Stock ($300,000) $100
$300,000
1st M., $200,000, gold, 5 14
1893 6 g M-N 200,000
1908
$1.000
cUnterestatChaseNationalBank, N. Y. City.
Mortgage trustee is the cashier of the Chase National Bank.
Road— In Aug., 1899, owned l^a miles of trolley track in Plqua
laid with 45-lb. girler rail, 2 miles in Troy (population 8,000) and 8
miles connecting the two cities, laid with 48 lb T rail. President, W.
P. Orr; Vice-President and Manager, A. M. Orr; Secretary and Treas-
M. Flesh.
^^ft'pT.'isa.?.^^'.^"!'.'!^
Pref. 8tk.,5p.c.,non-cum., )
4
qqq qqq
•i,uuu,uuu
$6,000,000; par, $50.... ^
Ist&Col.Tr. M.. $6,500,-) 1899
5 g M-S
4.000.000 Mar.l, 1949
Maryland Trust Co., Trustee.
000 gold ($1,000) c'
S
AUegh'y County Lt.i St M.
East End Elec. L't Ist M.
Uni ted Traction pref. stk
F-A
F-A
500,000
1911
500,000
1915
5 J-J
3,000,000 July'99,2 1^%
UnitedTrac. gen. M. gold, ) 1897
5 g. J-J
4,725.000 'uly 1,1997
$10,000,000 ($1,000). c* 5 Trustee Maryland Trust Co., Baltimore.
5.27.i,000
1889-94
Un. Trac Div. bonds
5&6
Various.
Consol. Gas pref. stock
6 F-A
2,000,000 Aug.,'99,3%
Consol. Gas, Ist mort., ) 1898
5 g. F-A
5,000,000
Feb.1,1948
gold
o*&r 3
Trustee Maryland Trust Co.
Stock— Stock was increased In February, 1899, Irom $7,500,000 to
$21,000,000, of which $6,000,000 Is 5 p. c. non-cumulative preferred.
The increase was made to acquire the common stock of the Allegheny
County Light Co, Chartiers Valley Gas Co. and the Consolidated Gas
Co.; also by exchange the United Traction stock.
'96, '97.
18fl9.
'93.
'94.
'95.
'98.
Dividends. ) 1892.
Per Cent. $ 414
None.
To Nov., 434
414
5
5
4
Bonds— Of the $6,500 000 new bonds of 1899 (mortgage trustee,
Maryland Trust Co.) $4,000,000 was issued at once in part payment
for the stock of the Allegheny County Light and Chartiers Valley Gas
Co., and $1,000,000 Is reserved to retire the $1,000,000 bonds of the
Allegheny County Light and East End Electric bonds and $1,500,000
1891
1895
6
6
for future Improvements and additions. Messrs. Brown Bros. & Co.
offered the $4,000,000 for sale Feb., 1899, receiving applications for
eight times that amount, and in Oct., 1899, they were listed on Phila
Phila.
Gonanl.
Co.
Comiianv.
United
$726,811
a«2,819
Total net Income
Alleahenv
Oas
$I,.571,U7
610,088
Gross earnlnKS
Net earnings
Other Income
$673,805
Co. Liuht. tract itn.
*«09,2iW |;l,538,«86
463,15.')
299,881
741,668
li»,68t
25
11,462
Tnttl
System,
$4,444,152
2,116,691
81,990
$478,839
$299,906
$763,130
$2,200,681
2C0,000
60,000
499.r>r)0
809,550
5,015
120,^00
22,768
Deductions—
None now.
Interest
Rentals
Miscellaneous
Dividends on preferred
32,868
618,198
.32,867
11,179
57,158
ISO.OuO
1^70,000
Balance .surplus
$98,8.'5 $217,138
$665,609
$59,533 $1,031,105
Deduct surplus United Traction Co., purchase not completed
69,533
Balance
$971,.'j72
Deduct charges account of
new company-
00.000 new ,58
Dividend on $4,000,0u0 new preferred stock
Interest on
PITTSBURG, KANSAS.
Population
1890 was 6,697.
PITTSBURG FRONTENAC & SUBURBAN
ELECTRIC RY.-
,etC'
$14,254,050 Oct.l0'99,li4
MIAMI VALLEY RAILWAY-A trolley road.
in
in-
:
Population 1890 was 9,090; in 1880 was 6,031;
and in 1870 was 5,967.
urer. L.
1880 was 156,389
delphia Stock Exchange.
Earnings— The earnings of the properties united for year 1898 show
Combined Earnings for year ending Dec. 31, 1808 (adlusted to show
status on present basis of rentals and interest):
PIQUA, OHIO.
Organization—Chartered in August, 1889. Franchises from
Piqua and Troy and County Commissioners of Miami County.
in
AND in 1870 was 86.076.
Estimated Combined Population of "Greater Pittsburg,"
cluding Allegheny, Etc., in 1899. 500.000.
«4,'
$200,000
20ii,000
Surplus over preferred stock dividend
$571,572
a Includes dividends Allefihenr HeatluK Co., $00,024; Penn. Nat. Gag, $1,876.
b Rental of Chartiers Valley Uas whs $125,742 and Penn. Nat. Gas wsi $15,900: total »1«3,»3». bnt the Chartiers Valley Gas Is now being acquired and lis
rental will disappear.
—
)
Latest Earnings— The gross earnings of the Philadelphia Company
and its attillat«'d companies (inoliuling the United Traction Company)
for the nine months ending Sept. 30, 1*199, were *3,998,231; expenses,
$2,044,614; net earnings, $1,953,617; llxed charges, including preferred stock dividends, $1,002,491; surplus, $951,126.
Officers, Etc.— J- H. Reed, President; James D. Callery, VicePresident (now President of the United Traction Company); J. C.
McDowell. Second Vice President and General Manager; C. J. Braun,
Jr., Treasurer; J. F. GutTey, Secretary; S. E. Moore, Auditor. Directors
Messrs. Reed, Callery, Given, McDowell. Rhodes, McMuUin, Frazier,
Bowdoin and Calhoun.— V. 68, p. 332, 381, 430, 479, »73; V. 69, p. 28,
714, 852, 1013, 1015.
Organization.- Formedin 1896, and in June 1897, and purchased
all the property and franchises of The Second Avenue and North Side
traction companies, and secured control of the Pittsburg iUegiieny
& 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.
In March. 1399, the Philadelphia Co. offered to give $6,375,000 of
Its common stock in exchanste 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.— V. 69, p. 744.
&
Date. Interest. Outstanding.
Bonds
Div.wMat.
$17,000,000
3,000,000 July 13,'99,2«2
J-J
Pref. cum.. $3,000.0(10 ($.'i0)
4.725.000
J'y 1,1997
1897 5 g. J-J
Un!te<lTrac. gen m.uold, )
$10,000,000 ($1,000). 0* i Trustee Maryland Trust Co., Baltimore.
Interest is payable in New York City.
Amiual
Outstanding
Charges.
Vnderh/itig Securities— {^ See also below). Not Owned.
$647,350
$32,868
Federal St. & Pleasant Valley stockH
63,250
1,250.000
Federal & Pleasant Valley bondall
75,050
1,500.000
Pitts. Alleg. & Man. bondsIT
125,800
2,-500,000
Second Avenue Traction bonds
Com.stock.$17.000,000
(50)
$296,968
Total of bonis, $.5,275,000)
$5,897,350
Second Avenue Traction bonds for $2,500,000 as above (assumed by
United Traction Co.) include:
Dec. 1,1934
Second Ave. Trac. Mort. 5 1894 5g. J-D 2,000,000
Balto., Md.
gold ($1,000)
c* ? Trustee, Maryland Trust Co.
Interest at
Brown
Bros.
& Co.,
Dividends— Dividends are payable at Farmers' Dep. Bank; in January, 1895, 2 percent; in 18 »6. none; in 1897, 5 p.o ; in 1893, 5 p. o.; to1899, Jan., 2»s p. c; July, 21* p. c.
Bonrfs— The consolidated mortgage of 1892 is for $1,250,000, of whlchi
the balance unissued is in the hands of trustee to retire all the other.
Trust Co.. Pittsburg.
Isuues mortgage trustee is the Fidelity Title
N. Y., or A.
J-J
J-J
J-J
Brown &
Sons, Balto.
July, 1902
30,000
120,000 July 1, 1909
300,000 July 1, 1933
Braddock& Turtle Cr'kl St. 1891 6 A-O
50,000 Aprill, 1911
Stock.—The capital stock of the United Traction is $20,000,000, of
which $17,000,000 is common and $3,000,000 is preferred.
Dirtde/irfs— On pre/erred in Jan., 1898, 2^3 p. c.—V. 65, p. 1222. In
July, 18^8, 213 p. 0.; in 1899, Jan., 2H p. c. In July, 2>3 p. c.
Bonds.—The new United Traction mort. is limited to $10,000,000;
bonds cannot 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,-
2d Ave. Passenger Ist M... 1882 6
General mortgage
1889 5
1893 5
2d Ave. Traction Co. M
;
June, 1898, operated 33 miles of track (Including 8lding8>
on about 17 miles of street rails mostly 90-lb. girder.— V. 63, p. 189i
;
(2)
&
Bros.
to
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
bond.'s outstanding ($4,750,000) were listed on the Baltimore Stock
Brown
Exchange in February, 1898.
Road— The miles of track owned and consolidated
Miles
63'83
31-84
21*45
11713
Report—The United Traction receives the entire earnings of the
North Side, Pitta. A. M. and Second Ave. traction companies, subject
only to annual charges of $296,968, as shown above.
Preliminary figures for year ending June 30, 1899, show as follows: Gross, $1,604,1.53; net, $871,881; interest, taxes and rentals,
Total
<fc
$622,489; balance surplus, $249,392. Pref. stock dividend. $1'.0,000.
Report foryearendlng June 30, 1898, was in V. 67,p. 1001, showing:
Gross receipts, $1,469,907; net, $786,991; interest, rentals, taxes,
etc., $586,512; balance, surplus, $200,479. Preferred stock dividend,
$150,000.
Officers.— President, James D. Callery; Vice-President, J. H.
Reed; Sec, J. F. Guffey; Treas., C. J. Braun, Jr.; Auditor, 8. E. Moore.
OHice, Plttslnirg, Pa. Financial Agents. Alexander Brown & Sons
Baltimore, Md.— V. 65, p. 27, 112, 736, 1025, 1222; V. 66, p. 469; V.
67, p. 1001; V. 68, p. 381, 430, 479; V. 69, p. 744, 1013.
(1
)
FEDERAL
all,
or nearly
all,
TRACTION-Trolley road.
Control of the Consolidated Traction has been sought in the interest
of the Philadelphia Co. and some other undertakings, but up to November, 1899, negotiations had not been closed.
Organization—Chartered July 15, 1895. The company has merge*
the Fort Pitt Traction. Co. and assumed its leases of the Citizens' and
the Allegheny Traction companies, and has acquired the control of th*
Central Pittsburg and Duquesne 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.
Dividend.
Outs'anding.
interest.
P**"Stock—
$15,000,000
Common stock
$50
9.650.100
Nov.,'99,39fr
Pf. stock. 6 p.o. cum.
50
1,300,000
"Loans," July 1,'98
The preferred stock carries cumulative dividends of 6 jver 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 wa»
paid May, 1897. In November, 1897, no dividend was paid. See V.
In May, '99. 3
65, p. 685. In May and Nov., 1898, 3 p. o. was paid
p. c; Nov., '99, 3 p. c.
Companies Controlled The companies acquired are shown in thft
following table, as also the amounts of their stocks and bonds.
Bonds.
Old stock.
Miles.
Company.
$1,500,000
Duquesne Traction
33
$3,000,000
1,007.000
2,500,000
Pittsburg Traction
12^
500,000
8^3
1,500,000
Central fraction
938.000
10
3,000.000
Fort Pitt Traction
1,620,000
30
3,000,000
Citizens' Traction
750,000
18
500,000
Allegheny Traction
Road -Controls about 120 miles of track in all.
Earnings and Charges—Year ending June 30, 1898, earnings,
were Gross from operation, $1,996,671 income from other sources,
$175,607; total income, $2,172,278 set, $1,211,929 int., taxes, etc.,
$921,117; dividends, $288,005; balance, surplus, $2,807. In 1896-7,.
gross from operation, $1,839,086 other income, $624,161.
6M&N
—
;
:
;
;
;
Magee; Secretary, James A. McDevitt
Whitney. Directors— C L. Magee, Joshua Rhodes
Officers— President,
C. L.
;^
Preasurer, George I.
T H. Given, Geo. I. Whitney, B. F. Jones.—V. 65. p. 685; V. 69, p. 1013w
Lines controlled bv Consolidated Traction.
(1)
ALLEGHENY TRACTION.—
Organization— Incorporated July 23, 1889. April 1, 1896, thl»
company was leased to the Fort Pitt Traction Company for 950
years at a guaranteed dividend of 5 per cent per annum.
Miles. Date. Interest. Outstand'g. Last div., etc
Stock & Bonds —
Stock, $.500,000, par $50
5 p.
c.
$500,000
See text.
Millvale Etna & Sharps-) .... 1893 5g. M-N 750,000
Nov. 1, 1923.
burg 1st M. .$750,000,g. 5 Trustee, Pittsburg Trust Co., Pittsburg.
Road— Including Millvale Etna «& Sharpsburg, 18^ miles of road.
(2)
CENTRAL TRACTION.— Cable and trolley.
Lease— Leased from
1896, to the Consolidated Traction for
value of $1,500,000 stock, seeV.61,p. 1154— and in May, 1896, stockholders were offered privilegeof
exchanging their stock for receipts, which were redeemed at $30 per
share on Oct. 1, 1896, in Consolidated Traction Co. preferred stock at
par. Iq June, 1896, 26,000 shares of Central Traction stock (out of
30,000) had been so exchanged.— V. 62, p. 1087.
Maturity.
Bonds Miles. Date, interest. Outstanding.
Stock
Stock— par $50,
< 30,000 shares )
a^^ »<.,r<see text
)
^% < $30 paid up. < wee lexi.
l8tM.$ ^75,0005
6
1889
5 J$375,000 July 1. 192S>
cable line $500 \ Interest at Union Trust Co., Pittsburg.
Bonds of Central Passenger Ry. conlrutled.
1st M. $2.50,)
4
1894 6 A-O
125,000 Oct. 1,1924
000, $1,000.. 5 Interest at Union Trust Co., trustee, Pittsburg.
Dividends— Feb. 1, 1892, $2 50 in stock in 1896, Feb., 2 p. 0. in cash;
In 1898, Nov., 1»2 p. c. in cash; in 1899, May, lia p. c. in cash; Oct. 31
950 years at 3
p. c.
per
April
2,
annum on par
—
&
;
1>« p.
c.
Road— 8'5
miles of road, of which it controlled by ownership o*
capital stock. Central Passenger Ry., 3>2 miles. —V. 62, p. 948, 1087.
controlled by United Traction Co.
ST.
in June, 1897,
the capital stock (V. 65, p. 27).,
Organization— Consolidated with United Traction
Guaranteed bonds
are:
Second Avenue Traction
North Side Traction
Pittsburg Allegheny* Manchester Traction
l.ilneH
PITTSBURG ALLEGHENY & MANCHESTER TRACTION.—
which purchased
;
000 were sold
&
;
Road— In
CONSOLIDATED
UNITED TRACTION CO.—
Stock
»
STREET RAILWAYS.
72
(1)
J
& PLEASANT VALLEY RY.—Trolley.
(3) CITIZENS'
TRACTION—A cable and trolley
road.
Organization— Incorporated March, 1868, and has t-ince consolidated Its various subsidiary companies. The franchise is perpetual.
The North Side Traction Co. on July 20, 1896, leased the Federal
Organization—Incorporated July 6, 1887. On Sept. 1, 1887, purchased the entire capital stock ($200,000) of the Citizens' Passenger
Street & Pleasant Valley for 960 years, assuming Its funded debt of
$1,2.50,000 and Its iloatlng 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 11 owns $7.50,000.— V. 63. p. 31, 76. 189.
Date, interest. Oulstand'g.
Bonds—
Stock
Maturity
Stock (par $25) full paid
5 J-J
$1,400,000
See text
Gonsol. mort.. $1.2.50.000,51892
5g.J-J
325,000 May 1. 1942
on 28 miles. .*c ( Int. at Fidelity Title & Tr. Co., Pittsburg.
g., $1,000,
1, 1895, to Fort Pitt Traction Co. (no\rConsol. Traction) for 950 years at 6 p. c. 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 $1,620,000.— V. 61, p. 661.
Date, interest.
Outstanding
Stocks
Maturity,
Bonds—
Stock ($.50) fully paid
6 M.-N.
$3,000,000 f.p.
See text.1st morteaKe ($1,000) <
1887 5 A.-O.
1,188.000
Oct. 1, 1927
Not subject to call. ( Trustee, Fidelity Title & Trust Co., Pittsburg.
&
Underlying mortgages —
Observatory Hill 1st M
1887 5
FederalSt. & PI. Val. IstM
6
Jack's Run mortgage
5
Fed. St. A PI. Val. mort
1889 5
Allegheny & Belle vue Ist M. 1890 5
Allegheny St. Ist mortgage
5
1890 5
Perry St. l8t mortgage
Troy Hill 1st mortgage .... 1890 5
Mortgage car house
J-J
J-J
J-J
J-J
J-J
J-J
J-J
125,000
75.000
50.000
300,000
100,000
75,000
100,000
July 1 1907
July 1,' 1903
1913
July 1,1919
Nov. 1 1920
Nov.
lOOOOO Nov.
15,000
1,
1,
1920
1920
it now holds.
Lease— Leased from Nov.
Ry., which
&
Purchase money mortgs
120,000
Bonds of lines lohose stocks are owned,
Penn St. Pass. Ry. IstM. 1892 5 J.-D.
$250,000
June 1, 1922Transv'rsePassRy.lstM. 1891 6 M.-N.
49,500
1901
No. Side Pass. Ry. IstM. 1892 6 F.-A.
12,500
1902
Interest and dividends payable at N. Holmes & Sons, Pittsburg, Pa.
Dividends— In 1892, 6 p. 0.; in 1893, 6 p. c; In 1894, 6 p. c; In 1895,.
5 p.
c.
Under the
lease dividends are 6 p.
Road.— Owned and operated 305
o.
miles of track on 15 miles oH
Btreet.-V. 60, p. 930; V. 61, p. 112. 516. 661.
STREET RAILWAYS.
DUQUE8NE TRACTION— A trolley
i(4)
Lease— Leased from April 2, 1896, fo the Consolidated Tractlou 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 ol
^180,000. In May, 1896, stockholders were allowed to exchange their
atock for receipts, redeemed Oct. 1, 1896, at $37 per share in 6 per cent
preferred stock of Consolidated Traction (;ompany at par. In June,
1896, 51,000 shares out of 60,000 had been so exchanged. See V. 62,
p. 1087.
Matiiriti/.
Dale. Interest. Outstanding.
Stock & Bonds
See text.
Text.
$3,000,000
!,/*=.«. f.ii„J„i.4
fl*
atock ($50) fully paid 5 j^j^ payable at Fidel. Title & Trust Co Pitts'h
^
July 1, 1930
1,500,000
Istmortgage
c* 1890 5J.-J.
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. 0.; Nov. 14, 2 p. o.; in 1899, May 5, 2 p. c; Oct. 31, 2 p. c.
—
,
Road— At time of lease in 1896 controlled 11 companies, with a
capita) aggregating $249,700 and having 33^18 miles of road.
—V. 60. p. 930; V. 61, p. fjj, 794. 1154: V. 62, p. 948, 1087.
FORT PITT TRACTION—See CoNsoL. TRACTION
PITTSBURG TRACTION— A trolley road.
(5)
(6)
Co.
&
Istmort.Ss
&
e"
1887
bonds —
Quaranteed
$750,000
5 A.-O.
6 p.
E.L. b'ds. ass'd
7,000
c.
Oct
Feb.
1,
1,
1927
1901
F.-A.
250,000 Aug. 1,1923
Interest at Pittsburg Trust Co., trustee.
389,083
Loans June 30, 18£ 6
Stock Issued 50,000 shares, on which $38 each has been paid.
Dividends—At company's otllce, Pittsburg. Dividends of 6 per cent
have been paid; in 1895, 6 p. 0.; in 1896, none— see above. In 1898.
2,
2 p.
31,3»flp.
c.
3^ p.
c; in 1899,
12-67 miles of track.
Bloomfleld
was
paid; Nov.,
May
5, S^a p. 0.; Oct.
c.
Road.— Owns
St.
Ry. owns 3 miles.
Date.
Interest.
($."50)
A-O
1890 5
^^eariy^^^;!^.*^^:.^.*^.'!}
Ross Street inort.
Guaranteed bonds—
& Ormsby
Pitts.
Blrm. Knox. & A. 1 St M.
gold, interest guar..
Bn)wnsville Ave. St
Ry. Ist mort
(i)
;
1900
147,000
30,000
A-O
1891
1891
5
5
1896-1901
10,000
- S
6 g.
500,000 Sept. 1, 1931
Trustee, Fidelity Ins. Tr. & S. Dep <'o., Phila.
>
1896
>
M
F-A
$300,000 Oct. 1, 1926
Dime Savings Bank, Pittsburg, Pa.
5
Int. at
>
Dividends— For year 1892-93 paid 2
In 1897,
p.
I3 p. 0.;
c; in 1896, January,
in 1898, Apr., 1 p. c; Oct., 1 p. c; in 1899, Apr., 1
p c;
1^ p. c.
Road— Operates
Oct.,
27-75 miles of track, laid with 001b. rails, as follows.
Brownsville Ave. Ry. (all its $300,000 stock
15 miles
owned), 7-33 miles; inclines, 2 miles.
Annual Report- For the year ending June 30, 1899, carried
9,566,146 passengers, against 7,417,184 in 1897 and 7,549,306 in 1896:
1897-8.
1898-9.
1898-9.
1897-8.
Gross
$479,871 $436,202 Rentals, etc
$35,693 $42,429
222,702 Bond interest... l'.^0,500 117,436
Exp. & taxes. 240,681
Main
line.
;
$239,190
$213,500
Bal.,8ur.fory'ar. $82,997
GENERAL BALANCE SHEET JUNE
$53,635
30, 1898.
Liabilities.
Costof road
Cost of equipment.
$1,372,288
26'',600
.
Property & franchises.. $2,898,030
Stock of oth. compan's 1,003,550
Horses
11,955
129,752
Accounts receivable...
25,246
Cash
Total
Stock
$3,000,000
1,500,000
8 0,000
147,000
44,238
Interest, etc., accrued.
36,572
Bills payable
23,389
Profit and loss, surplus
146.222
Bonds and mortgages..
Guaranteed bonds
Debenture bonds
Accounts payable
1
Total
$5,707,421
$5,707,421
Officers— President, Harry Moore; Vice-President, A. C. Wettengel;
Secretary and Treas., W. H. Rogers.— V. 67, p. 317; V. 69, p. 332,
334.
Lines Leased to PittsbiirK Sc Birmingbain Traction.
MT. OLIVER INCLINE RY.— Owned, leased and operatedby
Bloom 1eldSt.Ry.,l8tcur.c*l893 5
May
Bonds.—
Otitstand'g
Maturity.
Text.
$3,000,000
See text.
1st mort., gold, 58... f 1889 5 g. M. - N.
1,500,000 Nov. 1,1929
0*5 Trustee, Fidelity Trust,Eto. ,Co. of Philadelphia.
($1 ,000)
Stock
Net
OrQanization— Incorporated April 14, 1887.
Lease— Leased from 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 1 13 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, 1896, 39,000 fchares out of
50,000 h&d been so exchanged. See V. 62, p. 948. Pittsburg Traction
-owns the $250,000 capital stock of Bloomfleld St. Ry. and gharantees
the bonds.
Date, interest. Outstanding. Last div., etc.
Bonds—
Stock
Text.
Text.
See text.
Stock. $2,500,000 (par $50)
P.O.
&
Stock
road.
73
&
Birm. Traction Co. Stock, $100,000. Bonds,
N., due Nor. 1, 1901, $44,500
first
mortgage
Pittsb.
6s,
M.
<fe
PITTSBURG INCLINE PLANE -Leased for 999 years to Pittsburg
A Birmingham Traction Co., at rental equal to interest on bonds and
10 p. 0. on $150,000 stock, free of tax, but dividends have been 9 p. o.
yearly, balance being carried to surplus.
Date, interest. Outstand'g.
Maturity.
Bonds—
Stock
Stock, par $100, full paid
See text
Q - P $150,000
July 1, 1929
1889
6 J'- J
150,000
Ist M., $1,000 each
&
C
DUQUESNE
flOAD— Said
INCLIlSrED
PLANE.-
to operate 1,586 feet of track.
McKEESPORT
President,
WILMERDING
OUESNE RAILWAY-
ORGANIZATION— A reorganization on Match
3,
S.
Severance.
& DU-
1898, of the
McK. D.
A
Wilm. Ry. sold in foreclosure on Aug. 4. 1897, which Included the
•Citizens' Street Railway of McKeesport, the McKeesport & Wilmerding
and the White Electric Traction.- V. 65, p. 328. Stock, $350,000
'Bonds, $3 0.000 30 year, gold, 6s, subject only to $35,000 White
Traction 6s, due 1911.
Road— In July, 1898, had in operation 16 miles of track on 14 miles
of street. OFFICERS— President, E. C. Converte Sec. and Tieas., Geo.
fiheppard, Pittsbu. g. Pa.— V. 64, p. 707; V. 65, p. 328 V 66, p. 900.
;
;
MONONGAHELA STREET RAILWAY.absorbed
ORQanization— On May
26, 1898,
by consolidation the
6chenley Park & Highland, Homestead & Highlands, Braddock &
Homestead, and the Braddock & Duquesne (the latter then building). The old lines have been rebuilt and necessary new lines constructed to form a continuous double-track road from the boroughs of
Braddock. Duquewne and Homestead, to and through the boulevard
and park district of Pitt->burg, and entering the business portion by a
trackage agreement with the Consolidated Traction Co. All of the
underlying bonded debt and stock of the companies merged has been
Bills payable July 1, 1898, $18,000. Extension
retired. V. 67, p. 74.
from B-adock to McKeesport reported as proposed in Feb., 1899.
Power to operate cars of this road and those of the Wilklnsburg &
East Pittsburg (owned by the stockholders of the Monongahela ^5treet
Ry.) )8 to be supplied by the Monongahela Light & Power Co.— see V
«9,
p.
80.
Stock
&
I
PITTSBURG & CASTLE SHANNON RR.Organization—Chartered Sept. 21, 1871. Besides operating the
railroad this company transports and sells coal from its own mines.
Miles. Date, interest. Outstand'g. Maturity.
Stock & Bonds—
Stock
$500 and $1,000
Purchase-money mort
1888
1891
Ist M.,
6F-A
None
$481,400
200,000 Aug.1,1908
16,149 1899&1901
Curr'ntliab..J'ne30. '98
81,641
Road— Operates road of 40-lnch gauge from Pittsburg to Arlington.
Pa., 6I2 miles, incl. two inclines of 1,375 and 2.112 feet respectively,
Annual Report— in 1897-8. gross, $58,932; net, $12,302; charges,
$17,120. For the years ending December 31 earnings from both railroad and coal business were:
dross.
Net.
Interest.
Balance.
1896
$111,773
$14,647
$14,182
8Ur.$465
1895
135.282
16,167
15,438
sur. 729
1894
99,025
14,514
def.124
14,638
Passengers carried in year 1897-8, 986,223; in 1896, 1,084,483.
Bailey; Sec. and Treas., E. J. Reamer.
Officers— President, James
M
PITTSBURG & ^WEST END PASSENGER
RAIL"WAY— SEE West End Traction.
ST. CLAIR INCLINE PLANE-A cable road.
Organization-Chartered Sept. 9, 1885. Road completed in 1889.
Stock. $150,000 f. p.; 1st mortgage, $1,000 each; 6s, M-N, $75,000,
due Nov. 7, 1909. Interest at Thomas Mellon & Sons' Bank. Dividends
—In January, 1893, 2^ per cent. Road is four-tenths of a mile long
For year ending June 30, 1896, gross, $15,687; net, $7,671 Int. and
taxes, $5,784; "other expenses," $2,250: baL, dettcit for year, $363.
In 1894-95, gross $13,749; net, $3,266. Pres. and Supt. W. S. Hughes.
;
,
Bonds—
Stock, $1,000,000
l8t m..rt., $1,000,000,
Milet. Date.
Interest.
Outstand'g.
Jlatnrity.
$1,000,000
1898 5g. J-D
1,000.000 June i, 1928
gold.
Union Trust Co., Pi':tKburg, Trustee.
$
ROAD-Owns 17 miles of double track, including branches. Also has
trackage under agreement with Consolidated Traction Co.. 5 miles;
total ('iKsrated, 22 miles; 90-lb. rails. Completed in Dec, 1898.
Officers— President. W \.. Mellon; Vice Pres., A. W. Mellon; Sec,
F. M. Ross; Treas., R. B. Mellon.- V. 67, p. 74.
)
17
PITTSBURG & BIRMINGHAM TRACTIONtrolley road.
Negotiatiins have been In progress with leading stockholders for obtaining a controlling interest in this company.— V. 69, p. 334.
OrQANIZATION— Incorporated Aug 15, 1889; Nov. 19, 1889, leased
P. & B. Passenger Ry., including South Side Pass. Ry. Co. Has also
leased and operated since Dec, 1891 Pittsburg Incline Plane Co. and
Mt. Oliver Incline Plane Co.; operates al.so Blrm. Knoxville <fe Allentown Traction Co. (See suit regarding Interest paid on B. K. & A.
bonds.- V.
June 1,1910
1890
6J-J 100,000
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 aiU.
2nd mortgage
62, p. 989.)
SUBURBAN RAPID
—
TRANSIT.-A trolley road.
Operates 9 miles of track ou 9 miles of street. Capital
stock, $300,000; par $50 outstanding, $122,000. First mort. gold 6b.
due 1913, for $200,000 are outstanding; interest payable M. <& S.
Current liabilities June 30, 1898, $2>',413. Year ending June 30,
1898, gross, $22,286 deficit under operat'g expenses, $9, 1 65. President, Gen. Man and Purch. Ag., Thomas A. Noble; Sec, C. E. Suocop.
Road
;
;
"WEST
END TRACTION-A
trolley road.
Organization— A consolidation Jau. l. 189-', of the Pitts. & West
End Passeuger Ry., Pittsburg Craftou & Manatteld, Pittsburg Neville
I. <&
Coraopolls and other companies.
^OUDS— Mis. Date. Int.
Stock
&
Com.Htk,.$2,.500,000
Pf. Htk., .$2,.^00,000
M
Con
^^on.M <R1 500 000
!M..'3UU,uuu
Outstanding.
$2,500,000
2,.500,000
Last Div.,
See text.
Jan.
600.000
^— 1898 5 J-J Trust Co. of Pittsburg.
Trustee, Union
1,
—
etc.
1938
^
Underh/'g I ans
July 1,1924
Cmrtoii A< 17 1891 o J-J
250,000
MauMrtcld l.st M. t Int.at Pittsburg Tr. Co., Tru.stee, Pittsburg, Pa.
July 1,1923
Pitts & W. E. 1st M. 16 1892 5 J-J
500,000
Pitts.
.
:
:
STREET RAILWAYS.
74
Bonds—Of tbe portion of the 58 of 1898 still uuissiicfl, $750,000 are
to be used to retire uuderlyiuR bonds and $150,000 for other purposes.
Road— Owns about 42i« miles.
Annual Report— For the year ending June
were $112,500.
Directors— President,
;
J. C. Reilly; Sec.,
&
Bonds—
utiles.
Wm.
V. Gallery.- V. 61, p.
V. 66, p. 860; V. 69, p. 542.
Population in 1895 was 20,461; in 1890 was 17,281;
IN 1880 WAS 13,364; and in 1870 was 11,112.
N.
IN 1880
J.
was
PLAINFIELD STREET RY-A trolley road.
Orqanization-TIiIs company operated 9 miles of track. Extensions
under way and projected. Jan. 1, 1899, It had capital stock issued,
funded debt, $100,000 total cost
$100,000; do. paid in, $90,263
of road and equipment, $192,764.
In 1898 the Elizabeth St. &
;
Westlleld Ry. was incorporated to build an extension of 12^ miles
double track from Plainfleld to Elizabeth. In year 1898 income from
passengers was $53,805; other Income, $169; net earnings, $11,846.
Officers— President, T. A. Nevlns; Vice-President, T. J. Fritts; Secretary and Treasurer, Adrian Riker.
WESTFIELD & ELIZABETH.-A trolley road.
Organization.- In 1898 was incorporated to build 12^2 miles of
double tra^'k from Plainfleld to Elizabeth. In November, 1899, obtained a 75-year franchise from tUe city of Klizabeth to operate a
double-track line connecting with the West Jersey <fc Elmora branch of
the North Jersey Traction Company, Jan. 1, 1899, stock issued was
$33,000. Cars expected to be running by Dec. 1 from Westtteld to
Elizabeth. The company agrees to give the city of Elizabeth 2^% of
gross receipts for the first five years and 5% annually thereafter.
Tresurer, Adrian Riker.
N. Y.
in 1890 was 9,500; in
l-t70 was 8,414.
PLATTSBURG TRACTION
CO.-A
189/.
$866-
1,597
li.
Jenks; Superintendent, H. a. Dixon.
PORTLAND, ME.
Population 1890 was 36,425 in 1880 was 33,810;
AND IN 1870 WAS 31.413.
;
PORTLAND RAILROAD.OrQANIZATION—Chartered March
19, 1863, under laws of Maine. At
ameeting Jan. 21, 1895, the stockholders voted to equip the entire
road with trolley and to Issue part of the authorized issue of first mortgage bonds to meet this expense.
In 1899 puroUased the Portland & Cape Elizabeth, which see.
&
8,125;
5,095.
;
1898.
1897.
;
W.
Organization, Etc. -stock Oct. i, 1898, $so,000; bonds, $45,000:
other debta, none. Bonds are gold 5s (J-J), $30,000, maturing Jan.
1904, and $15,000 July 1, 1906; interest at Third National
1,
Bank. Pittslleld. Mass. Owns 10097 miles of track In 1898, stock
was Inoreaeed to $80,000 to build an extension of about 2 miles to
Tillotsons. For year ending Oct. 1, 1898, gross earnings, $66,070;
net, $23,138; other Income, $232; charges, $3,740; dividends, 6 p. c,
$3,600; balance, surplus, $16,030. Pres., Jos. Tucker; Sec, J. M.
Stevenson.
PLATTSBURG,
Maturity.
Officers—President, W. Canham Secretary, F. J. Dixon; Treasurer,
PITTSFIELD ELECTRIC RAILWAY.
Population 1898 was 10,000;
WAS 8,283; and in
Outstand'g.
$100,000
142,000 Mar. 1, 1915
1893 6 g. M - 8
1st mort *200 000 < 10^2
Subject to call at 105 after Mar. 1, 190S
J.^rt !j,i,000
\
goia, *"i nnn
^ jjj^ ^^ Hanover National Bank, N. Y. City.
Bonds—The mortgage trustee la the Union Trust Company of Detroit.
In January, 1899, $58,000 of the bonds were still reserved for additionsand extensions at not exceeding 60 per cent of actual cost.
Road— Operates lO^a miles of track on 9>2 miles of road.
Annual Report— For tiscal year ending December 31 earnings werer
1898.
PLAINFIELD,
Interest.
Gross earnings.. $55,225 $52,565 Taxes
$891
Net earnings
2,333
17,226
15,028 Insurance
Taxes and insurance are charged In operating expenses.
PITTSFIELD, MASS.
PorOLATiON 1890 WAS 11,267;
AND IN 1870 WAS
Date.
•
30, 1899, gross, $394-
661; 1898, gross, $367,1.59; net after taxes, $186,706. Dividends paid
612
Stock
Stock $100,000 ($100)
1880
trolley road.
Organization, Etc.— Chartered in 1896. Capital stock, $100,000
(par $100). First mortgage 6 p. c. gold bonds of 1896, due 1926; int.
J-J., at Continental Trust Co.. Trustee; authorized $100,000, Issued
$30,000 to June 30, 1899. For year ending June 30, 1899, gross,
$17,184; net, $6,691. In 1897, gross, $18,439; net, $6,846.
iJoad— Owns e^a miles of track; rail. 50 lbs. Prest., E. N. Sanderson.
Miles. Date,
interest.
Outst'ng.
Maturity.
Bonds—
Stock
8tk.auth.$l,000.000,$100 ....
6 F.-A. $495,566 See text.
1st mortgage, $500,000 g I6I3 1893 413 g. M-N 500,000 May 1, 19ia
Loans and bills payable June 30, 1898, $65,000.
The bonds cover all the property, equipment and franchises.
Dividends— In year 1892-93, 4 per cent; in 1894, Aug., 3 p. 0.; in
1895, 6 p. c; in 1896, 6 p. c; in 1897, 6 p. c; in 1898, 6 p. 0.
Road— Owns 24-20 miles road and 30-95 miles of track in Portland,
Deerlng and Westbrook.
Annual Report— For the years ending June 30 as below
1898.
Gross earns... $302,126
Net earnings. 94,569
Other income
Interest
25,065
1897.
$276,857
88,182
1898.
1897.
Taxes
Dividends
$6,454 $5,579^
29,658 20,883
Surplus for year... 33,:-i92 34,949
26,771 Total surplus
54,398 i21,00&
Officers—President, Wm. R. Wood; Secretary, Treasurer and Pur
chasing Agent, E. A. Newman. Office. Portland. Me. V. 68, p. 381.
(1) PORTLAND & CAPE
chased by Portland RR.
ELIZABETH RY.-In
1899 was pur-
Organization—This company and the Cape Elizabeth Street Ry.
while distinct corporations, are operated as and are practically one.
They were organized in 1894-95. Line runs from Monument Square
in Portland over the Portland Bridge into South Portland, with terminals at Sunonton Cove and Ri^by Park. Company owns large
pleasure resort property at Simonton Cove and Cape Cottage Park
Proposes to extend its road to Saco.
Date, interest. Outstanding. Maturity.
Stock & Bonds—
Stock (pdr$100)
$450,000
1897-8,1%.
1st M. $400,000 g. ($1,000) 1895 5 g. M-N
350,000 Nov. 1, 1915
Interest at American Loan & Trust Co., Boston, trustee.
Current liabilities June 30, 1898, $20,093.
Road— 11-52 miles of trolley road with 15-51 miles of track. In
1898 built about a mile of track to Cape Cottage Park.
Earnings— Year ending June 30, 1898, gross, $5'i,948; net, $18,787
interest and taxes, $18,408; dividends (1 p. c), $4,500; balance, deficit
for year, $4,121. Total surplus July 1, 1898, $1,584.— V. 63, p. 381.
;
PORTLAND & YARMOUTH ELECTRIC
RAIL^VAY—A trolley road.
PLYMOUTH, MASS.
Population in 1895 was 7,957; in 1890 was 7,314;
was 7,093, AND in 1870 was 6,238.
in 1880
PLYMOUTH & KINGSTON STREET
1894 stock was mostly held
Organization—
In
RY.-
in trust for the
New
England Street Railway Co., which see under New Haven, Conn.
In 1899 this stock was sold to the parties identified with the proposed Plymouth & Brockton. The latter will build a road from the
terminus of the Plymouth & Klagston, at Kingston, to Brockton via
Whitman.
Stock
&
Bonds—
Dale.
Interest.
Outstand'g.
Stock $100,000 ($100).
Lastdiv.,etc
See below. $100,000 f. p. 1897-8,6%
35,000
Jan.1,1910
'^ ' " ^
Istmortgage
U^f^,is payable at Intemafl
^ ^
I Int.
Tr. Co., Boston.
„
5>3p.c.
7,000
On demand.
S*^'.^^^^?l*c™*l1'^n*?n^
Unrd debt Sept. 30,'98
20.000
Dividends of 7 per cent per annum were paid in year 1892-93' in
1893-94, 6 p. c; In 1894-95, 9 p. c; in 1895 96, 6 p. c; In 1896-97, 6
p. o.; In 1897-98, 6 p. c.
Road—Operates 875 miles of trolley track, extending from Plymouth to Kingston; sidings, etc., -43.
Earnings- For years ending Sept. 30 earnings have been
1898
1897.
1898.
1897.
Gross earnings.. $J4,107 $33,840 Dividends paid.
$6,000 $6,000
Balance for year.
928
402
11,668
Other income.! 5 13,000
Total 8ur.Sept.30 3,521
2,59:<
Int., taxes, etc...
5,172
5,266
Officers— President, c II. French; Treasurer, O. E Chapman;
Supt., Ben). F. Sherburne.
'
,
.
PORT HURON,
Population 1890 was 13,543
AND IN 1870 was
;
in
MICH.
1880 was 8,883;
5,973.
CITY ELECTRIC RAILWAY.-A trolley road.
Will be consolidated In the spring of 1900 with the Rapid Railway
of Detroit, which see.
Organization—Chartered in 1892 and franchise runs
Population in 1894 by State census, 18,140.
1927.
till
May 30
Organization— Owns road from Portland, Me., to Yarmouth, via
Deerlng, Falmouth and Cumberland. Road, 13 miles, operated since
August, 1898.
Stock
&
Bonds—
Date,
interest. Outstand'g.
Stock (par $100)
Maturity.
$110,500
Ist mort., $215 000, gold, <
1897 5 g. J-J $215,000 July 1, 1917
not subject to call
c*(Int. at Mass. Loan
Trust Co., trustee.
Officers— Secretary, W. «. Wheildon.
&
PORTLAND, ORE.
Population 1890 was 46.385; in 1880 was 17,577.
CITY
Y.-Trolley and steam road.
Organization— Incorporated in 1891 as successor to the Willamette Bridge Ry. and Transcontinental Street Ry. In AprU, 1899,
&
acquired
all
SUBURBAN R
the stock of the Portland
&
Fairview at 20 cents on the
dollar.
Stock
&
Date, interest. Outstandg.
Bonds—
Maturity.
$1,000,000 ($100)
$753,300
Willamette Bridge Ry., IstJ 1889
100,000 Sept. 1, 191»
mortgage, $100 each
X Interest at Am. Loan & Trust, Boston.
St'k, auth.
6M-S
1891 6g. A - O
110,000 Apr. 1. 1921
1891 6g. M- S
740,000 Sept. 1, 1916
sub), to call, $100 each, g.. \ Infst at Sec. Sav'g & Tr. Co., Portland.
Bond*.— City A Suburban consolidated mortgage is for $1,000,000, of
which $210,000 is reserved for the prior liens and (February, 1897,)
$50,000 for other purposes. Mortgage trustee is the Security Saving*
& Trust Co., Portland.
Road.—Operates 58 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
mUes are operated by steam and 50 miles by trolley. Rails 30 and 40
b. T and girder; 37 electrtc cars
and 2 passenger coaches haiQed
by steam motors. Operates also, under lease. Metropolitan Ry.,
7 m.
Officers.— President, T. Woodward; Sec. and Treas., C. F. Swigert
General Manager, H. C. Campbell.
^tliiSZ%\'o^XX^\^i'. ]
City & Sub. consol. M., notj
Index— V.
62, p. 86.
'
STKEET RAILWAYS.
CITY &
WEST PORTLAND PARK MOTOR.
1889. Franchise
perpetual
Organization—Chartered April
except that for
Stock
&
trolley,
which runs
till
Date,
Bonds—
Is
4,
1912.
interest.
Outstanding.
Maturity.
$100,000
100,000 July 1,1911
Stock, $100,000
6J-J
l8tM.,$100,000,gold, $1005 1891
Not subject to call.
and $1,000
\
Interest at Illinois Trust & Savings Bank, trustee, Chicago, 111.
Road -Owns 7 miles of track in Portland, extending to suburbs of
West Portland Park. Trolley, 1 m.; steam, 6 m. Rails 35 and 50-lb. TExtensions of 12 miles and electrical equipment of present lines proposed'in 1899.
Officers—President, E. T. Johnson; Vice-President, Treasurer, Gen.
Manager and Purchasing Agent, T.A.Wood; Secretary, W. HoseaWood.
CONSOLIDATED STREET RAIL^VAY- -See
Portland Railway'.
in July, 1892. The company went Into
1893, before the first coupon on Its bonds
matured. In^July, 1899, decree of sale was signed, but matter taken
to Court of Appeals, where argument will be heard in Feb., 1900.
Stock
Bonds— Miles. Date, interest. Outstand'g. Maturity.
$250,000
Stock, $250,000
....
1893 6 g. M-S 300,000 Mar. 1, 1923
l8t morteage
J
^Trustee Secu. Sav. &Tr. Co., Portland, O.
$300,OC)0 gold
There is also a second mortgage and receiver's oertiHoate. all the
latter and all the tirst and second mortgage bonds being owned. In
Hov., 1899, by Morris & Whitehead, bankers, of Portland, Oregon.
Road Operates 23 miles of road on the east side of the river, including the line to Oregon City (falls of Willamette River), 15 miles, which
was completed March 1, 1893, and to Gladstone and Gladstone Park.
The total cost of the system is said to have been $525,000.
Equipment—Electric motor cars, 19; trailers, 4; steam motors, 3.
Officers—Receiver, C. H. Prescott, appointed in July, 1898, in
place of Joseph Simon.— V. 69, p. 283.
Organization— Chartered
hands Dec.
&
Stock
Bonds— Miles. Date, interest. Outstand'g. Maturity.
Stock, $50, full paid
$650,000
1895 6 g.M-N
500,000 Feb. 1, 1925
1st M., $500,000 gold. J
c* I tat at Real Estate Trust Co., Phila., trustee.
$500 and $1,000.
Interest due and accrued to July 1, 1898, $68,000; loans, $2,000.
Road -Owned 10 miles of track, including sidings, and leased 15
miles; total operated, 25 miles.
Earnings— Year ending June 30, 1898, gross, $109,638; net, $41,824;
Int., taxes and rentals, $58,597; bal., deficit, $16,773. In 1896-7,
gross, $93,993; net, $22,715.
Officers— President, C. P. King; Secretary, W. C. Pollock, Jr., 1340
Chestnut St., Philadelphia.—V. 69, p. 441.
(1) POTTS\''ILLE
& READING RAILWAY.—A troUey road.
Organization- In 1894 leased for 99 years to the Schuylkill Electric
Ry. Co. for interest on bonds. Its securities, etc., are as follows
Stock, $50
$100,000f. p. Main line
Smiles.
I
EAST SIDE RAIL"WAY— A trolley and steam road.
eceiver's
75
8,
&
IstM., 6p.c., gold.c*
100,000
Dated 1895, F-A, Due 1925.
Trustee.Real Estate Tr. Co., Phila.
(2)
|
Sidings
Total track
Rails
1
9
"
"
78 and 60
lb.
TAMAQUA & POTTSVILLE ELECTRIC RY.—A troUey road.
Organization
— Leased
to
i
ScTmylkUl Electric for 30 years
from Jan. 15, 1896. Total track.
3-13 miles.
stock ($50)
$60,000
lstmort.,6p. o
o*
60,000
Dated 1895, J-J, due 1925.
I
Mortgage Trustee, Columbia Ave. Savings Fund, Philadelphia.
(3)
SCHUYLKILL HAVEN & ORWIGSBURG STREET RY.
Organization- 5'6 miles
Leased to Schuylkill Electric
of track.
Ry. for 999 years from July 23, 1898.
—
PORTLAND RAILWAY-An
Organization- A reorganization
electric road.
in 1896 of the Consolidated Street
Ry., sold in foreclosure Jan. 8, 1896. The Metropolitan Ry. was not
Included in the reorganization see V. 62, p. 86.
Date, interest. Outstanding. Last Div., etc
Bonds.
Stock
Stock, com., $700,000
$700,000
&
—
Pref.,5p.c.,$100,000
—
5 J-J
100,000
Mult'mah St. Ry. IstM.g. 1890 6g. J-D
148,000
June 1,1910
Port. A; Vancouver Ry.. 1889 6
100,000
Port.Ry.lstoon.M.,g.o*> 1896 5g. J-J
55,000
Jan. 1, 1916
subj.to call Jan.l, 1906 ( Interest at Mercantile Trust. N. Y.. trustee.
Portland Railway first consol. mortgage is for $2,500,000 ($250, $500
and $1,000) of which bonds for $248,000 are reserved to take up at
maturity the Multnomah and the Port. & Vancouver bonds, $497,000
issued in reorganization, $55,000 for betterment, balance authorized as
required at $20,000 per mile for new road. Consols have a sinking fund
of 5 p. c. per annum after 1905, and are redeemable at par on and
after Jan. 1, 1906.
The mileage covered by present mortgage debt is
25 miles. The Portland Ry. is not responsible for interest on the Metropolitan Ry. Ist mortgage 6s, of which $145,000 are outstanding but
were not included in the reorganization.
Road— Owns 25 miles of track.
Earnings— Fiscal year ends December 31. Earnings include Metropolitan Ry., which for 1895 showed a deficit under operating expenses.
1895.
1894.
1893.
Gross earnings
$167,822
$170,977
$248,432
Net earnings
38,800
41,688
85,053
Officers— President, O. F. Paxton; Vice-President, J. V. Beach;
Secretary and Treasurer, J. F. Batchelder.
PORTLAND TRACTION-A
Organization— Successor in 1894
trolley and cable road.
of Portland Cable Co. Owns7>«
miles of track, of which 5 miles operated with trolley and 2^ miles
with cable. Stock, $400,000; President, 8. P. Smith, San Francisco.
Population 1890 was 13.268;
—V. 62, p. 86.
Organization—Chartered
Dec, 1918.
Stock & Bonds—
in 1887.
Date,
in
1880 was 11,390.
RAlLWAY-TroUey.
Municipal franchises expire in
interest. Outstand'g.
Maturity.
Stock authorized $200,000
$50,000
l8t mortgage $500,000
gc .p^^^.wy^
\-iy ^5\-':^ ^2?'^^9 Y. Jan., 1926
1,6
Mercantile Trust Co. N. . trustee.
^
2dM. for $100.000
1897
(?)
In August, 1897, a second mortgage for $100,000 was reported to
have been made to the United Security Life Ins. & Tr. Co. of Pennsyl,
,
vania, as trustee.
Road— Owns 11 miles of track. Ralls 30 to 57 lb. Extension reported proposed in Jan., 1899. President and Gen. Manager, U. G.
Williams.— V. 62, p. 86, 234.
POTTSVILLE, PA.
Popolation 1890 WAS 14.117; in 1880 wa8 13,253
AND IN 1870 was 12,384.
SCHUYLKILL ELECTRIC
Y.
N.
in 1890 was 22,206; in 1880
AND in 1870 WAS 20,080.
was
20,207;
POUGHKEEPSIE CITY & V/APPINGERS
FALLS ELECTRIC RAILWAY-A trolley road.
Stock
& Bonds—
Miles.
Date,
8t'k,$750,000,par$100
interest. Outstand'g. Maturity.
$750,000 f.p
l8tM.gold$l,000s. f. J
20 1894 5 g. J-J
358,000 July 1,1924
no option
c*. (Trustee, Cent. Trust Co., N. Y.
Int.inN.Y.City,
Bonds—Th& bonds are limited to $25,000 per mile of completed
trolley road, $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
consent to such excess in the manner provided by the laws of the State
of New YorK." Sinking fund, beginning Jan. 1, 1897. equal to 1 per
cent of the " bonds issued hereunder"; bonds purchased at not exceeding 110.
Road— Owns 15*10 miles of road second track, 1-14 m.; sidings, '59
m.; total, 16*83 miles of track.
Earnings-Year ending June 30, 1898, gross, $84,998; net, $35,458
interest and taxes, $22,840; dividends, 2 per cent, $15,000; balance,
deficit for year, $2,382; 1897, gross, $85,300; net, $33,667; interest,
$18,100; dividends, $15,000; balance, surplus, for year, $567.
Officers— President, J. W. Hinkley, 489-493 Main St., Poughkeepsie,
N. Y.; Secretary and Treasurer, Silas Hinckley, Poughkeepsie.
;
PROVIDENCE,
R.
I.
Population 1890 was 132,043 in 1880 was 104,856
and in 1870 was 68,904.
;
PROVIDENCE PAAATTUCKET PA^VTUXET
-
VALLEY,
-
R. I.— UNITED TRACTION & ELECTRIC.
Organization -Controls by ownership of stock and bords the entire
system of the city of Providence and of the towns of
North Providence, East Providence, Cranston and Johnston, and al
the street railways of the cities of Pa wtucket. Central Falls (except
the Inter-State Consolidated) and towns of Lincoln and Cumberland,
street railway
it is said, a population of about 250,000.
In addition to the
above the United Traction & Electric Co. controls by ownership of
stock and bonds the street railway system in the Pawtuxet Valley located in the towns of Warwick, Coventry, Cranston and Soituate, serving at present a population of nearly 20,000, and also an electric-light
serving,
PORTSMOUTH, VA.
PORTSMOUTH STREET
POUGHKEEPSIE,
Population
RY.-A trolley
road.
In May, 1899, the Pottsville Union Traction was incorporated at
Hairisburg for the purpose of consolidating the various lines in
Pottsville. In Aug., 1890, It acquired the various properties by deed,
but no details of capitalization available yet.
Organization- Chartered Oct. 5, 1889. Leased for 99 years the
Pottsville & Reading Ry. (9 miles track), guaranteeing the interest on
the $100,000 of bonds of that road. Estimated will give service to a
population of 50,000.
plant serving to a considerable extent the same population. The securities by which this ownership is held are deposited to secure the bonds
below described. The United Traction & Electric Co. was chartered
in New Jersey to build and equip railroads, sell bonds, mortgages, etc.
Date,
interest.
Outstanding. Div., Mat., Etc.
Stock
Bonds—
Stock
Q-J
$8,000,000 Oct. 2, '99, 1%
^^^^ 5 g. M. - S.
8,247,000
1, 1933
^ Prov "^I" "pfw ^s^ue I interest payable at Central Tr., N.Mar.Trustee.
Y.,
1st (colL) M. $l',000, g 3
Dividends— In July, 1897, the first dividend was paid, being I3 p. 0.;
Oct., hi p.c; in 1898, Jan., % p. c; April, % p. c; July, ^ p. 0.; Oct. % p.c;
In 1899, Jan., \ p. c; April, 1 p. c; July 1 p. c; Oct., 1 p. c.
Bonds—Totallssuelimited to $8, 000,000,with pro visionsf or increasing
the Issue by not over $1,000,000 for actual cost of new track (including
equipment) within 18 miles of the City Hall of Providence, R. I., and
additional to 104 miles of track, but ata rate not exceeding $12,000 per
mile of such new track. Under this provision $247,000 of bonds were
issued in 1895 against new mileage. The bonds are secured by mortgage on all the mortgage bonds and all the stock of the Union Ry. Co.
of Providence and all the stock of the Pawtucket Street Ry. Co.
The Providence Cable Tramway Co. is leased to the Union Railway
Co. for 50 years for 6 per cent on its capital stock, all but two shares
&
Is owned by the Union Railway Co.
Road.— In July, 1899, there were completed and
146-9 miles, which include 111 miles of Pawtuxet Val.
of which
operation
Ry.
In May, 1899, the Union RR. of Providence bought from the New
York New Haven & Hartford its Warwick & Oakland Beach or ButtonIn
El. St.
J
STREET R ML WAYS.
76
is to be changed from a steam to an electrioContract goes Into effect January, 1000, It is stated.— V. 68, p.
woods branch, and this
road.
1027.
Securities Pledged.— The securities pledged include all of
the $8,700,000 capital stock of the Union RR. of Providence, all of
the $500,000 capital stock of the Pawluckrl Street Ry. (uo bonds) and
all of the $3,000,000 first mortgage bonds of the Union RR. of Providence. The Union RR. owns $299,800 of the $300,000 capital stock of
the Proride)ice Oable Tramway Co. (no bonds).
Treasury Securities—The United Traction & Electric Co. has in its
treasury $361,800 of the $400,000 capital stock and $150,800 of the
$198,000 first mortgage bonds of the Pawtuxet Valley Electric Ry.
All the above-described roads of the United Traction & Electric Co.,
including the Providence Cable Tramway, are now operated by electricity, and since completion of the electrical equipment in April, 1894,
the large Increase in the earnings anticipated has been fully realized.
Latest Earnings— 8 months ending August 31, 1899, gross, $1,316,531: $1,163,400 in 1898.
Yearly EARNINQS—Fiscal year ends June 30. Earnings have been:
Bal.,sur.
Jfet.
Charges.
Tears end. J line "iO— Grosx.
1898-99
$780,898
$1,874, .515
1897-98
760.598
1,742.294
1896-97
1,702,342
660,395
$412,3.50
$248,045
1895-96
412,350
.47,075
659,425
1,720,784
Net is the result after deducting taxes, repairs, damages, etc.
Officers— President, Nelson W. Aldrich; Vice-President, Marsden
J. Perry; Treasurer, Cornelius S. Sweetland of Providence,— V. 65, p.
464; V. 68, p. 525, 1027.
in
1890 was 24,558 in 1880 was 3,217
AND IN 1870 was 666.
;
PUEBLO TRACTION & ELECTRIC-A
trolley
road.
Organization—This company
is
a consolidation in 1899 of the
Pueblo Electric Street Railway Co. and the Pueblo Light
Stock and Bonds—
Date,
8tock $.500,000 (par $100)..
First mortgage, $750,000,
& Power Co.
interest. Oatstand'g.
Maturity.
$.500,000
>
1899
5
g.
J-D
566,000
June 1,1919
gold ($1,000 each)
< Int. at Am. l.. & Tr. Co., Boston, trustee.
Road— Owns 21 miles of track, all in city of Pueblo. Rails 35-lb. TOfficers— President, M. D. Thatcher; Vice-Pres. and Treas., Andrew
McClelland; Secretary, John O.Albert; General Manager, John F
VaiL— V. 67, p. 530, 902; V. 68, p. 475, 1183.
QUINCY,
ILL.
POPULATION 1890 WAS 31,494; in 1880 WAS
AND IN 1870 WAS 24,052.
QUINCY HORSE
RY- &
owning the street-oar lines
Stock & Bonds— Date.
CARR^INO
CO.-
at Joliet, 111— V. 67, p. 372.
interest.
Stock, par $100
Outstanding.
Maturity.
$600,000
140,000
1890
<
5 A-O
Oct. 1, 1910
(Tru8t'8,E. J. Parker, J. F. Carrott, Quincy, 111.
letconsol. M. $550,-S 1898
5g. A-O
$310,000
Oct. 1, 1918
c*. <Int. at Portland Trust Co., Portland, Me., Trus.
000, gold
Interest on first mortgage payable at Quincy (111.) Trust Co.
Of the 58 of 1898, $140,000 will be used to retire the 1st 5s and
$100,000 retained by truptee for future extensions and improvements.
Road— Operates 15 miles of track.- V. 67. p. 372, 737.
Officers- President, W. F. Milliken, Portland, Me.; Vioe-Pres.,
Geo. F. Duncan, Portland, Me.; Sec, W. B. McKinley, Quincy, III.,
1st mortgage,
$500
each
Treas..
Henry
B. Cox; Supt., C. C. Rush.
RACINE, WIS.
Population 1890 was 21,014, in 1880 was 16,031;
and in 1870 was 9.880.
BELLE CITY ELECTRIC
-A
trolley road.
CO.
This property was in 1899 acquired by the Milwaukee Electric Railway & Light Co., which see.- V. 68, p. 619.
READING, PA.
Population 1890 was 58,661
AND
IN
in 1880 was 43,278;
1870 was 33.930.
See "United Power* Transporta-
UNITED TRACTION—
tion Co."
&
Rich. Ry.
'
Elee. Co,
<P.
and
allied lines:
1898
Gross earnings
Net from operation
Insurance and taxes
1897.
1898.
1897.
$414.2.51
$413,309
162,969
$477,541
201 854
13,538
188,316
$475,851
166.811
186,353
11,624
11,159
13,28C»
Net income
174,729
151,810
153,531
Equipment— The equipment includes 112 cars.
Officers— President,Dr.JohnP.Munn;Vice-PresldentandTrea8urer^
G. E. Fisher; Secretary, F. J. Craigie, Richmond, Va.; Asst. Secretary^
Donald B. Toucey, New York City. New York office, 37 and 39 Wall St.
-V. 66, p. 1239; V. 69, p. 334, 591, 646.
RICHMOND TRACTION
—An
CO.-(See Vap page
77. f^
electric road.
1897. This company operates a double-track electric line the ful>
length of Broad Street, one of the principal thoroughfares 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. steeC'
girder rails on white oak cross-ties and for a considerable portion of the
distance embedded in concrete, and along streets paved with graniteblocks. The lines in the suburbs are laid with 60-lb. steel Trails. Company owns its power house, brick and steel car house, etc. Populatioii>
of Richmond and suburbs, including Manchester, estimated at 115,000,
Date,
interest.
Outstand'g. Maturity
Stock
Bonds—
Stock, $600.000
($50)
$600,000
lstM.,$.500,000,g.,c*f$l,000)1895
5 g.J500,000 N'vl, 1926.
(Subj. to call 105 after July 1, 1900.) Trustee, Maryland Tr. Co.. Bait.
Interest payable at Maryland Trust Co., Baltimore, or banking house
of John L. Williams <fe Sons, Richmond.
Mortgage covers entire property and franchises, also power house^
carbarn, etc. Sinking fund of
p. c. annually of all bonds issue*
begins July 1, 1900.
The stockholders voted on Jan. 19, 1899, to increase the stock fron»
&
m
27,26fe
In March, 1899, Judge Allen in the United States District Court for
the Southern District of Illinois decided that this company, under its
act of incorporation, has an exclusive right to operate a .street railway
in Qulncy for fifty years from Feb. 11, 1865, and he enjoined the J. C.
Hubinger Company from constructing a road under an ordinance
granted bv the City Council.
In Aug., 1898, purchased by a syndicate of Portland, Me., capital.
Ists
facilities to
Organ IZATION-Incorporated Aug., 1895. First division of road openeA
for business June20,'96. Operation of entire system commenced Apr. 10,.
PUEBLO, COL.
Population
Richmond and Manchester, thus furnishing street'
over 100,000 people. The company supplies the
entire electric lighting for the two cities, having exclusive contract*
with both municipalities.
The Richmond & Manchester Railway is operated under lease for 9&years from 1893,5 p. c.lnterest being guaranteed onits$400,000bond8.
Outstanding.
Maturity.
Date.
interest.
Stock
Bonds.—
Capital stock ($100)
$2,000,000f.p
Ist mortg., $2,000,000 > 1890
2,000,000
July, 1920>
5 g. J.-J.
$l,000,tiold
\ Int. at Trustee. Atlantic Trust Co., N.Y. City.
Rich. &Manch. ($1,000 > 1893
July 1,1933:
400,000
5 J.-J.
each)gua., p. & i.,end. < Int. at Trustee, Atlantic Trust Co., N. Y. City.
The Rich. Ry. & Eleo. mortgage, it is stated, covers in addition to the
electric-lighting plant about 44 miles of track, the remaining 36 milee>
of the system being controlled in the company s interest.
Earnings— For year ending Dec. 31:
Rich. Ry <t Elee. Oo,
principal streets of
railway
under Philadelphia.
RICHMOND. VA.
Population 1890 was 81,338; in 1880 was 63,600
and in 1870 was 51.038.
RICHMOND RAILWAY & ELECTRIC CCrailroad and
Operates an
electric
electric lighting plant.
The control of this projierty and its allied lint-s has been acquired by
a syndicate of Richmond capitalists composed of the following:
Messrs. V. Newton. President of the First National Bank; J. N. Boyd.
President of the Planter™' National Bank; 8. D. Ilenshaw and Thos."
Atkinson. The details of the deal have not been made public, but it is
understood that It is dependent on the surcees of the application now
pending for a new franchise.— V. 66, p. 1238.
Organization— Organized in 1890 i»y consolidation of three street
railway and tiiree electric-lighting companies. The company occupies
$300,000 to $6C 0,000.
Road— Total track is 16^4 miles. Equipment 31 open cars, 4 closed)
cars equipped with double "G. E. 1,000" motors, 3 trailers and 20closed cars; 1 enow sweeper; total 59 cars.
EARNINQS—Fiscal year ending Sept. 30, 189S, gross, $142,272; operating expenses, including accident reserve, $88,735: net earnings^
$53,537; interest and taxes, $38,606; surplus, <;14,931. For 1896-7,
gross, $124,505; net, $38,730; interest and taxes, $31,126; surnlus;;
$7,604.
Latest Earnings— Oct. l, 1898, to May l, 1899: Gross earningsv
$81,778; operating expenses, $30,614; taxes and interest, $22,088,.
surplus, $9,076.
Officers— President, E. L. Bemiss; Vice-Pres., E. R. Williams;.
Supt., S. P. Cowardin; Sec, Everett Waddey; Treas., B. L. Williams.—
V. 61, p. 472, 831, 1179; V. 64, p. 1043.
ROANOKE, VA.
Population 1890 was 16,159 and
in
1880 was
669,
ROANOKE RAILWAY & ELECTRIC.-A troUeyr
road. Population
of Roanoke estimated in 189 7 at 20,000.
Organization— The Roanoke Street Railway and the Roanoke Electric Light
Power were both sold at foreclosure August 1, 1~99, and
<fe
bought by the leorganization committee, consisting of Charles R.
Spence, Second Vice President of the Mercantile Trus & Deposit Co.
of Baltimore, Major Richard M. Venable and S. Hamilton Graves.
The
present company was then formed. The reorganization plan provides
for the issue of $300,000 first mortgage bonds, $192,000 second
mortgage bonds and $200,000 stock.
ROAD-Operatesl4mile8of road in city of Roanoke, extending also
8 miles to Salem, Va.; total track, 22 12 miles.— V. 68, p. 1183; V 69
'
p. 82, 284, 334.
Officers— President, Henry 8 Trout;
Secy., oeorge McCahan.
'
Vice-Pres., Charles R. Spencep
ROCHESTER,
N. Y.
Population 1890 was 133,896; in 1880 was 89,366;
and in 1870 WAS 62.386.
ROCHESTER RAILWAY-A
In April,
trolley road
1899, it was reported that the Cuyler Morgan syndicate
had secured an option on the stock, and that the same syndicate
wasarranging to connect Rochester with Lewiston, N. Y. (70
miles), and
hence with Buffalo.
Organization—Chartered Feb. 25, 1890. Operates about 80 mile*
of track 1 a city of Rochester, with extension to Ontario
Beach, 8 \ miles,
and to Windsor Beach, 9 miles. The Roohester Electric Railway
wasleased in September, 1894, at a rental said to be
8 per cent on $200 000 stock, and whenever gross receipts exceed $55,000 one-quarter
o5
such excess. The Rochester & Irondequoit was leased
for 10 years at
an annual rental of $S.000; see that company und-r
Irondeqnoit
STBEET RAILWAYS.
77
:
;
'
3
;
STKEET RAILWAYS.
78
Stocks
& Bonos
Date,
-
Capital stock ($100)
Roch. C'y & Brighton 2d
M., now 1st M. ($500)...
Roch. Cy & B. 3d M., now
)
s
<
/
$3,000.000($l,000)g.c*
.
2d
HL, $1,500,000, g.
($1,000 each)
c*
Debentures, gold
Interest at Cuyler,
City.
^
)
$5 ,000,000
1882 6
500,000 Jan. 1, 1902
J-J
Int. at Flour City Nat. Bank, Rochester.
A-O
175,000 Apr. 1,1919
1889 6
Interest at Rochester Tr. & S. D. Co.
1890 5g. A-O
2,'200.000 Apr. 1, 1930
....
2d M. ($500)
Rochester Ry. Consol. M*
Maturity,
interest. Outstanding.
Morgan
& Co., New York
1893 5g. J-D
1,280,700 Deo. 1,1933
payable at Security Tr. Co., Rooh.
1891 6g. M-8
178.000 Mch. 1, 1911
Interest Is
>
Subject to call after Mar. 1, 1901.
6 M-S
182,000 Mar. 1, 1905
5 Interest at Security Trust, Rochester.
Oonsolidated mortgage ot 1890 and second mortgage cover all present
and future property of the company, and the bonds are to have their
principal and interest paid without deduction for any tax payable by
the company under any law of the United States or New York State,
And Imposed upon the bond for national. State or municipal purposes.
Of the co/wots $1,000,000 are reserved to retire underlying bonds of
the Rochester City <& B. RR. and of the second mortgage 58 $750,000
were reserved to retire the $600,000 of debentures, of which $178,000
BtlU outstanding in June, 1899.
($500eivoh.)
Collateral trust notes
($1.000)
ROME
5
)
1897
Road leased—
4605 Rochester Electric
3468
do
do
2d
Road— Oiruerf.
Miles.
Miles.
Mainline, trolley
Second track
1-80
Sidings
4-63
track... 4-1
4*47
Rochester & Irondequoit
do
2d track <& siding 4-57
Total oper. June 30,'98. ...100-33
Weight of rails, 40 to 100 pounds.
Latest Earnings—Three months to Sept. 30
Oross.
Net.
Balance, sur. $62,990
Het income... $370,191 $332,016
OGNEBAL BALANCE SHEET JUNE 30, 1899.
1
<,
$10,153,809
and
Bonds— Capital
$30,041
$5,000,000
4,551,700
Bills payable
170,200
Open accounts, etc
55,886
Accrued int., taxes, etc. 171,341
Profit and loss, surplus.
204,682
Funded debt
$10,153,809
$100,000, of which $97,500 is
Issued. Bonds, $82,000, first mortgage, gold, 5 per cent; interest payable annually on Dec. Ist. 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 Rochester, on
Lake Ontario,) to Manltou Beach, on Lake Ontario, 7*75 miles.
Earnings.— Year ending June 30, 1898, gross, $11,656; net, $4,268,
charges, $4,772. 1897, gross, $10,296; net, $884; charges, .$5,113.
Officers— President, Michael Doyle; Chairman, Lewis Warfleld;
54 Wall
Street,
stock,
New York City.
ROCHESTER & SODUS BAY RAILV/AYOrganized
in
OrQanization—
1898, with authorized capital ol
$1,000,000, to build an electric railroad from Sodus Point, Wayne
County, on Lake Ontario, to the city of Rochester, about 38 miles.
Rights of way have been secured. Permission to build the road was
granted by the RR. Commissioners on Jan. 25, 1899, and in November
work was progressing between Rochester and Webster.
and Chief Engineer; John H.
Gregory, Treasurer; Charles Van Voorhis, Secretary. Office, 267 State
Officers— T.
J.
3,877;
$1,000, not subj. to call. $ Int. at Am. Sec. &Tr. Co.,Washington, D. 0.
Bonds—On Jan. 1, 1899, $3,000 stock was in the treasury. On Deo.
31, 1898, $100,000bonds were held by stockholders of company.
Road - Owns 615 miles of track (of which IIr built In 1897, funds
being contributed by bondholders), laid with 35 and 45-lb. T rails.
Gross, $22,530; net, $4,603
Latest Earnings— 10 mos.,) 1899
Gross, 19,657; net, 2,831
Jan. 1 to Oct. 31.
5 1898
For year ending Deo. 31, 1898, gross, $23,511; net, $1,730. In
1897, gross, $23,021; net. $4,667. In 1896, gross, $21,083.
Seymour Cunningham; Gen. Man. and
ROME,
Treas., J. B. Marvin.
Nicholl, President
N. Y.
Population 1890 was 14,991; in 1880 was 12,194;
AND IN 1870 WAS 11.000.
$301,975
ROCHESTER CHARLOTTE & MANITOU&
was
2,748.
CITY ELECTRIC RAILWAY-A trolley road.
ROME
CITY STREET RAIL^WAY-A
horse road.
In March, 1899, arrangements were in progress for operation by compressed-air motors, and stockliolders voted to increase stock from
$50,000 to $150,000, but none of the new stock issued up to Oct., 1899.
Stock ($50,000) par $100.. $50,000
Earnings— Year ending June 30,
Road— Owns 6-7
1898-9. 1897-8. 1896-7.
miles track.
Officers— President, J. S. Ward- Gross... $5,439 $4,986
Net.... loss 2,908 1088575
well; Secretary and Treasurer, W.
$4,546
loss
P. &L...df.4,898 df.1,699
P. Rayland.
—V. 68, p. 674.
Officers.— President (Aug., 1899), Frederick Cook; Vice-President,
and Gen. Man., T. J. Nicholl; Secretary, G. G. Morehouse; Treasurer, Frederic P. Allen.
Index- V. 67, p. 690, 951; V. 68, p. 826.
Stock
in 1880
Organization-Charteredin 1894 as successor to the Rome Street
Railway, which was sold In foreclosure July 5, 1895.
Outst'd'g.
MatuHty.
Date, interest.
Stock & Bonds—
$57,000f.p
Stock. $60,000, par $100
Oct. 1, 1814
Ist mortg., $100,000, gold ) 1894 g. A - O 100.000
$26,713
21,834
1898.
Capital stock
Total
was
in 1870
Surplus.
Liabilities.
Assets.
Cost of road
) *q nna
,621
Cost of equipment.... ''«'»^»-'
Stocks of other comp's.
167,500
Supplies on hand
17,834
Cash
16,258
Open accounts, etc
23,596
GA.
Population 1890 was 6,957;
Pres.,
Charges.
0th. inc.
1899
$231,023
$98,889
$2,207
$74,383
1898
220.740
96,103
1,693
75,862
rreiid.JuneZO. 1899.
1898.
1899.
Gross earn'gs... $847,443 $786,694 Int.on bonds
Net
350,944 310,626 Taxes
-$307,201
Other Income... 19,247
21,390 Rentals
Total
Road Operates about lOigndles oftraok from Thomaston through
Rockland and Rockport to Camden.
Tears ending June 30. Oross.
Int. and taxes, Bal..»ur.
Net.
$15,713
1899
$13,585
$29,298
$70,211
11.304
14,132
1898
25,436
68,223
11,236
14,457
1897
25,693
66,782
Officers— President, G. E. Maoomber; Secretary, H. M. Heath;
Treasurer, A. D. Bird; Supt. and Puroh. Agt., Thomas Hawken.
268
df.982
RUTLAND, VT.
Population 1890 was 8.239
RUTLAND STREET
;
and
in 1880
was
7,502.
RAILWAY.-AtroUey road.
line as a trolley road and newly
equipped It throughout. Stock authorized, $150,000; issued, $125,000,
1st mortgage, 189 1, 6s, M. & S., authorized, $100,000; issued, $81,600;
Operates 8 miles of road on 8 miles of street. Pres., J. W. Cramton.
Organization.- In 1894 rebuilt the
SAGO, ME.
Population 1890 was 6,075 in 1880 was
;
SACO RIVER ELECTRIC
6,389.
RR.-To
betroUey.
Organization.— Incorporated to construct a road from Saco to
Bonney Eagle, Me. Population to be served estimated about 30,600.
Tn Feb., 1899, contract let, but no portion of road yet built up to Nov.,
1899.
Company
also petitioned to enter Biddeford, but petition de-
To carry passengers, freight and express.
Date.
Interest, Outstanding. Maturity,
Stock and Bonds—
....
$100,000
stock, $250,000, par $100
1898 5 g. F - A
Feb. 1, 1928
(1)
1st IVI.,g.,$200,000 ($1,000
nied.
1
i
after 1904.. o' Int. at Mass. L. <& T Co., Boston, Trustee,
Officers.— President, E. F. Walker, Philadelphia, Pa.; Clerk, Charles
V. 66, p. 710; V. 67, p. 321.
Butler; West Buxton,
ea.); S.
f.
1
I
Me—
Street, Rochester.
ROCKFORD,
Population 1890 was 23,584
and
ROCKFORD
in
RY.
ILL.
in 1880 was 13,129
1870 was 11,049.
;
LIOHT & POWER CO--
Organization— The Rockford City Ry. was chartered Jan. 20, 1890,
and name changed as above in 1898. In Nov.. 1898, was consolidated
with the Rockford Traction Co. after foreclosure.— V. 67, p. 321, 1056.
Date,
interest.
Outstanding. Maturity.
Bonds—
Stock
Stock, $350,000
.$350,000
1890
1st mortgage
6 M-N
150,000 May 1, 1910
New mort, g., $300,000. 1898
5g.
1918
(?)
Trustee of first mortgage is the Northern Trust Co. of Chicago, 111.
Bonds— Of the new 5s of 1898 $150,000 are reserved to retire 68.
Road— 22 miles of trolley. Extensions reported proposed in 1899.
Officers— Pres., R. N. Baylis; Treas., W. F. Woodruff; Gen. Man.
and Purch. Agent, T. M. Ellis. DIRECTORS— R. N. Baylies, Gilbert
Woodruff, H. W. Price, G. W. Wattles and John Farson.— V. 67, p.
&
127, 321, 1056.
ROCKLAND, ME.
Population 1890 was 8,174; in 1880 was 7,599;
and in 1870 was 7,074.
ROCKLAND THOMASTON & CAMDEN
STREET RAILWAY.-An electric road.
Date,
interest. Outst'd'g.
Stock. & Bonds 7_.
MatuHty.
.,
Stock ($100) ($300,000 auth.) ..^..^
$250,000
250,000 _ May 1, 1922
"" -^ ^
IstM. ($250,000)
Ist M.
at
{ i^^^rlst*-- Nat. Exchange Bank, Boston.
Loans & bills pay. July 1,'99
5,000
SAGRAMENTO, GAL.
Population 1895 was 35,000; in 1890 was 26,386; in 1880 was
21,420; AND IN 1870 was 16,283.
SACRAMENTO ELECTRIC OAS &
RY.-
OrQANIZATION— Incorporated April 4, 1896. A consolidation of the
Sacramento Electric Power & Light and the Folsom Water Power Co.
The water power is obtained from Folsom, 24 miles from Sacramento. In 1899 also made a contract with the Yuba Electric Power
Co. for the exclusive use of 5,000 h.p. of power. The total cost of the
property (Including the railway, hydraulic works, lighting plants
etc.), was to Jan. 31, 1899, $2,873,271.
Maturity,
Bonds— Miles. Date, interest, Outst'd'g.
Stock
$1,500,000
Stk.,$2,500.000 ($100)
1S92 6g. J-D 265,000 .lune 1, 1912
Central El. Ry. Ist) 16
($25,000 due yearly) to June 1, 1921
.$400,000,
M.,
g., ^
c* ) Int. at Cal. S. D. & Tr. Co., San Fran., Trustee.
$1,000 & $500
M-N 2,070,000 Nov. 1,1927
1897 5
Consol. mort., $2,500,-) ....
parks,
&
000 ($1,000)
3 Int. at Cal. S. D. &Tr. Co., San Fran., Trustee,
Bonds—Of the $2,500,000 bonds authorized, $265,000 are reserved
for the Central Electric Ry. firsts, and a portion was used for the retirement of the $1,650,000 6s of 1896.— V. 65, p. 977.
Road— The railway system extends I6I2 miles with 24ia miles of
single track. It covers the entii^ city and has valuable franchises
running 50 years and giving practical control of transportation tn tl
city. East Park and Oak Park are owned.
Earnings— Year ending Jan. 31, 1899 (railway department only),
gross, $153,867; net, $57,014.
Officers—Pres., L. P. Drexler V.-P. and Gen. Man., Albert Gallatin;
Secretary, Albert Gallatin, Jr.; Treasurer, California State Bank.
;
Sacramento, Cal.—V. 65,
p. 278, 977.
STREET RAILWAYS
SAGINAW, MICH.
Lease—All the lines of railway of the United Railways Company,
have been leased to the St. Louis Transit Co., which see.
Road.—The mileage of the combined system is as follows
Population 1890 was 46,169; in 1880 was 29,541;
AND IN 1870 WAS 20,685.
SAGINAW VALLEY TRACTICN-A trolloy road.
Jan.
1B99, as a consolidation,
7,
Organization— Incorporated
p. 1111, of the Union Street Ry. and
per
Saginaw Con1898) and the Inter-
plan In V. 67,
tlie
solidated Street Ry. (both foreclosed Oct. 15,
Urban Ry. V. 68. p. 233.
Interest.
Outstanding.
Date.
Bonds—
Stock
Common
&
Maturity.
stock, $700,000,
Pref. stock, 5 p. c. cum., t
$400,000; par. $100; >
pref. as to assets
div. J
1st mort. $350,000 gold, )
Under construction,
400,000
680,000 Feb. 1,1924
5 g. F&A
Boston SafeDep. & Tr. Co., trustee.
Bonds—Of the Ist Ss $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, 53 State St., Bo.ston, 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.
\
1899
Int. at
INTER URBAN RY-UNION STREET R Y.-
1
Consolidated In Jan.,
Il899,
'
Saginaw
which
as
Val. Trac.
SAGINAW CONSOL. ST. RY.- see above.
SAGINA^W SUBURBAN RY.-To be a
Co.,
J
trolley road.
Organization— Chartered in 1898. To extend from Bay City to
Flint, about 52 miles, via West Bay City, Saginaw, Frankenmuth, Clio,
Penn Run and Mt. Morris. In Sept., 1898, contract was reported to be
let and construction begun. President, A. H. Swarthout, Saginaw,
Mich.
ST.
JOSEPH, MICH.
Population in 1893 (esti.mated), 5,000; 1890 was 4,826;
in 1830 WAS 3,550; and in 1870 was 2,994.
ST. JOSEPH & BENTON HARBOR STREET
RAIL^WAY CO.OrGANIZATION— Chartered in 1884. Stock, $100,000. First mort.
gold 6s, J&J, $200,000, dated July 1, 1893, due July 1, 1912, interest
payable J-J, at 111. Trust & Savings Bank, Chicago, Trustee. Oper.
ates 8 miles of trolley track on 5ia miles of street. For year ending
Dec. 31, 1898,gros8 railway and light earnings, $55,691; net. $20,436;
int., $11,703; bal., $8,733, charged off for depreciation.— V. 66, p. 1090.
Pres., W. Worth Bean; Sec, W. H. Hull.
ST.
JOSEPH, MO.
Population 1890 was 52,324; in 1880 was 32,431;
AND IN 1870 was 19,565.
ST-
25976 miles)
33-72mile8j—
United Railways Co
•id-i-Aa
"* *",
r
?2'?rt
^1,2
4:617
419-15-
Including county roads.
the purpose of acquiring the properties and
of stock of the above-named companies and prof ran chlses or the shares
viding for the present mortgage debts, the United Railways Co. of St
*
Stock and Bonds— For
Louis issues the following securities.
$45,000,0(X>
General First Mortgage 4 per cent 35-year gold bonds
Of which reserved for future betterments, improvements and acquisitions (iucludingminority stock of St.
Louis RR Co. not now owned iu the National Ralway
System, and also the $3,000,000 bonds in the St, Louis
,§'95^'*^^?
& Suburban Sy>tem)
14,000,000
Reserved for underlying liens
several conTo be paid over to the stockholders of the
23,000,000
stituent street railway companies
$20,000,000
Preferred Stock, 5 percent cumulative
Of which reserved for future acquirements, expenses
8,435,000
of consolidation, betterments aud improvements. ...
To be issued to the stockholders of the several constituent companies
.,,^^'^^^'xx2
$25,000,000
Common t^tock
Of which reserved for future acquirements, betterments
7,652i50(5/'
and imjirovements
To be issued to the stockholders of the several constituent companies
>.
17,347,500
The St. Louis & Suburban system alone of the street car lines in St.
Louis has not been acquired $3,000,000 of the new 4s, however, wiU
be reserved for the sole purpose of retiring its bonds in case its purchase should at any time be thought desirable. The 4 per cent loan i&
to be secured by all the stocks of the cont tituent companies, or by
direct mortgage lien upon their property and franchises in so far a»
purchased.
The new mortgage bears date Sept. 20, 1899, and the bonds mature
July 1 1934, with interest payable January and July. The St. Loui&
Trust Company is trustee.
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, payablejsemi-annually,.
upon the preferred stock of the United Company.
Exchange of Slock.— The St. Louis Transit Co. is to exchange itsstock for tiie common stock of the United Railways Company of St,
Louis, share for share, upon payment to it by the stockholders of the
United Railways Co. (if $11 per share. This will give the Transit Co.
a cash capital of $1,908,225 free from all obligations except thos»
r
;
,
under
JOSEPH RAIL^VAY LIGHT HEAT &
PO'WER.— Owns in all 33 miles of track.
in 1895 to succeed to the property of
Joseph Traction & Lighting Company, sold in foreclosure Aug21, and purchased for the bondholders for $300,000. The new con.
pany has an authorized capital Ftock of $3,500,000, of which $2,000,
OJO is preferred, and assumes $100,000 Wyatt Park bonds 33 miles
Organization— Incorporated
the
Louis Traction Co. (cable) 9-50'
Southern Electric Ry. (elec.) 22-50
National Ry. System (elec.) 62-97
(cable) ^14-62
do
do
do
St.
Total in operation, under construction and authorized
&
$l,0u0 each
Miles'
Miles.
Missouri RR. System (elec). 16-61
do (cable). 9"60
do
do
Linden Rv. Svstem (elec.) .*75-ll
Uniou UeiVtRR. Sys (elec.). 75-87
Jefferson Ave. Ky. (electric). 670
..
^^,.in operation S Electric.
Total
^ ^,^^^,5^
Authorized, but not under oonstruotion
Authorized, but not yet constructed, Lindell Ry. System
$700,000
par,$100
79
its lease.
bond issues of constituent companies.
Missouri System—
Bate.
Maturity.
Outstand'g.^
Interest.
5M.-S.
'^$XoOO,Wa.':^^°'.*^c*Sl8»6
Mch.l,190&
$700,000
Subject to call In 1901 at 105.
St.
7P.C.
^Tlt^ft't^X'.^::\
Lindell System—
June 1.1900
92,100
;
track.
E. H. Harrlman, New York City; Secretary
Chas. C.Tegethoff, 120 B' way, New York City; Gen. Man., W. T. Van
Brunt.-V. 61, p. 926.
Officers— President,
5g. F-A
1,500,000
Aug. 1, Wll.
"si'^lWoo'* T'lr^Sgi
^"'*""**' payable inNew York and
Louis.
gold, $l,006'each.'
St.
)
Comp'nH'.U.D.&MT!) 1893
6 g. J-J
1,000,000
July 1,19131st mort.,_gold....o* s /M<eres< pay able InNew York and St. Louis.
Taylor Ave.RR.lst M.,g.l893
6g. J-J
500,000
July 1, 191Si
Union Depot System—
ST. LOUIS,
Union De)>ot RR.
1st t 1890
consol. M., gold
>
Cons. M. ($3,500,000) g.l893
MO.
Population 1890 was 451,770; in 1880 was 350,518;
and in 1870 was 310,864.
UNITED RAIL^WAYS COMPANY OF
Mound
ST.
Map,p.
80).
Organization.— This was formerly the <'entral Traction Company,
a corporation chartered under tlie laws of Missouri, 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 & Suburban system. The combination was arranged
by a syndicate headed by Mess s. Brown Brothers & Co., New York.
Bee 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
79Hi miles of street railroad on several of the most Important streets
of the city, and also giving permission to acquire by lease or iiurchase
any other street railroad in that city. Under authority thus conferred,
We give both the
the following properties have been absorbed.
amount of stock acquired and the amount not acquired.
'L.O\JlF,-<Si-*-
Soad Abforbed.
Llndell Railway Co
Missouri RR. Co
National Railway Co
8t. Louis Traction Co
A mount of
Stock Acquirrd.
23,540 shares.
Stock not
/tcquired.
460 shares.
Eutire isi-ue.
None
24,731 shares.
64 shares.
Entire issue.
None.
Souther u Electric Ry. Co., CO namon.. 4, x91 shares.
109 shares.
"
Do
do
preferred. 9,860
do
140 •'
Union Depot RR. Co
Entire issue.
None
As under 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 the
approvtt' of two-thirds of the stockholders, ownership of the above
stocks will be followed by actual deeds of the properties of the various
constituent companies.
RR. Co.
*.Jcfferson Av. RR., M.
1890
f::ity
$400,000
6g. A-O
6
6
J
-
J
300,000
Subject to call Oct.
q„k
1895
) ,
5
M-N
277,000
J
Formerly Peoples' Ry. CoLouis Tract. iPeo-
p
pie's Ry.) 1st mort..
5
st.
g.
g.
791,000
2nd mortffae-fi
^nd mortgage
5
J
Oct.
1,
1910
Subiect to call Oct. 1, 1900
J-D
2,40 ',000
June 1, 1918
J-D
1, 1910
1900
Nov. 2, 1905
Oct.
1,
1882
6
125,000
Subject to call after 1892.
^886
75,000
7 M-N
Subject to call after May 1. 1896.
May
1,
1902
May
1,
1902
Southern Elec. System—
Southern Elec. 1st M.,.. 1884
6
May 1, 1904
164,000
Consol. M. ($.500,000) ..1889
6
May 1,
336,000
Mort. of 1896, $200,- ) 1896
5 g.
2'00',00b
A prill. 1916
000 ($1,000), go3d.c5 Int. pay'le at LoulsviUe, Ky., and St. L., Mo.
M-N
M-N
National System —
Louis RR. lslM.,)1890
5 M-N
1,948,000 May 1, 1910
.. 5
Subject to call May 1, 190O
Louis IH J 1893
5g. J-J
250,000 July 1, 1913
mortgage, gold
> Subject to call after July 1, 1893.
Cass Avenue & Fair )
Grounds Ist M.,$2.- 1892
5g. J-J
1,813,000 July 1, 1912
000,000, g., $1,00(), \ Subject to call at 102 on any July Ist.
sink, fund,, guar. p.
Interest at No. Trust Co., trustee, Chicago.
&1. (Nat. Ry.)....c* J
6 J-J
1,500,000 July 1 1907
Citizens' Ry.lst mort. 5 J887,
cnld <*9 (inn nnn\
gold ($2,000,000)... \ Int. at Amer. Exch. Nat. Hank, N. Y. City,
^Trustees are Chas. Parsons and Thos. E\ Tutt,
St.
cur. ($l,(X)0each)
Baden &
St.
Totil
*
Owned
companies.
$13,980,100
jointly
by Missouri, Lindell, Union Depot and National
Earnings.-Messrs. Haskins & Sells, Certified Public Accountants,
have prepared a statementshowingKross earnings, operatingexpenses
and net earnings of the combined companies for tlio ttscal year ending
June 30, 1899, and also the fixed charges as they will exl»t when tbe
proposed plan is completed.
80
STREET KAIL'W
A.YS.
STREET RAILWAYS.
Gr< »»
Net over
Earnings.
taxes.
*5.4:
12,507
OtKer
Income.
Total
Dedue-
Xel Income, tions.
$2,036,665 $67,602
$4..566
$2,032,099
to pretent basis (net)
Deduct adjustmeuts
Bolance.
$1,969,< 63
8,564:
Total net from operations
Fixed charges— interest on present bonded debt
Interest on proposed issue of $23,000,000 new 4s
$1,960,479
773,597
92ti,0oO
$266,882
Net surplus under plan
As a result of economies in operation to follow consolidation and
an increase in trattic, it is estimated the surplus above charges for
1900 wiU be $1,092,509.
Earnings for 3 months ending Sept. 30, 1899:
$1,426,798
Gross
890,651
Operating expenses and taxes
*53e",147
Net earnings
Other income
773
Mississippi Valley Trust Co.. St. Louis, Trustee.
At latest date
these bonds had not been floated.
Road— Operates 18-14 miles of track in St. Louis and 10-5 In suburbs.
Operations— Following Is the number of passengers carried during
each quarter of the calendar years
zd anar.
ist guar.
4th guar. Tot.for year.
s^ guar.
1899...2,7'i7,241
3.244,924
3,07<»,129
2,952,439
3,042.831
1898. -.2,673,149
11,738,548
2,862,735
1897 -..2,454,224
2,973,700
2,914,574 11,205,233
Officers— President, C. H. Turner Sec. and Treas., R. Lehmann.
;
(
1
$522,479
Balance
stated that
owing
to delays in the delivery of material the con-
«oUdation of power-house service and other economies have not been
put into effect, but will be shcrtly.
Officers-—President, Edwards Whittaker; Vice-President, Murray
Directors, Edwards
Caileton; Geo. Manacer, Jilson J. Coleman.
Whittaker, Patrick Calhoun, C. D. McL'ire, H C. Haarstick, Murray
Oarleton, W. H. Thompson, H. S. Priest, W. F. Boy e, Corwin H. Spen«er, F. E. Marshall, George W. Hunter.— V. 68. p. 381, 428, 673, 773,
1227; V. 69, p. 132, 181, 231, 284, 334, 646, 696.
and has leased all the lines of the United Railways Compai.y of St Louis. By St. Louis City ordiLance, approved March kO,
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
t)y 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 by the stockholders of the latter of $11 er share in cash.
Company will guarantee thrt payment of interest upon all the bonds
«f the United Railways Co. of St. Louis and its constituent companies
and also 5 per cent upon its preferred stock. V. 69, p. 231, 696.
«ouri,
i
ST. LOUIS
BELLEVILLE & SUBURBAN RY.
understood, will be consolidated with the St. Louis
Belleville Electric Ry.— V. 69, p. 542, 646.
Organization- Formed in 1897 and built 1213 miles of single
track to be doubled at once, making 25 miles of single track. Road
opened May 15, 1898 rails (60 lb.) Connects with St. Louis & East
St. Louis at Eads Bridge. Runs between East St. Louis and BelleviUe.
Capital Bt'>ck, $350,000. First mortgage (St. Louis Trust Co., trustee),
^350,000, 6 p. c. gold bonds, $1,000 each, dated Jan. 1, 1897, due 1919
J-J. St. Louis Trust Co., Trustee. Subject to call at par after 1907
President, John A. Day.— V. 69, p. 333, 542, 646.
This road.
It is
A
;
;
ST.
LOUIS COUNTY STREET RAILWAY-
l, 1896. Connects at Forest Park
In July, 1897, St. Louis & Suburban Ry. obThe Suburban road connects with it at Kirkwood and
tained control.
uses its tracks for about 4 miles.
Date.
interest. Outsland'j.
Maturity.
Stock
Bonds—
Stock (par, $100)
$300,000
New Ist mort., $350,000. 1898
250,000
New mortgage, $350,000, was authorized to replace ist mortgage,
$300,000.
Road Owns lO^a miles track in St. Louis County (none in the city).
V.64, p. 331.
&
—
—
ST.
ST.
LOUIS & EAST
ST.
MINNEAPOLIS &
Outstanding.
ST.
RY.-A trolley road.
PAUL SUBURBAN
Organization. —This road is owned and operated by the Twin
City R^pid Transit, which holds all the capital stock. Organized under
the laws of Minnesota on June 1, 1899, for the purpose of purchasing, leasing, building, owning and operating suburban street railways
from the city limits of St. Paul and Minneapolis, to and into outlying
cities, towns and villages of the State of Minnesota. Has acquired the
entire capital stock of the St. Paul & Suburban Railway Co.
(hitntai'd g. Maturity.
Date.
interest,
Stock
Bonds—
Stock, $.H< 0,000 ($100)
$300,000
1899
5 g.
450,000 Sept. 1,1924
Ist M. gold
The bonds are guaranteed by the Twin City Rapid Transit and the
St. Paul City Railway.
Road— In November, 1899, had extended the line of the St. Paul &
Suburban Ry. from White Bear Lake to the city of Stillwater and also
owned and operated the local street railway lines in the city of Stillwater and South Stillwater. Owns altogether 25 miles of new track,
which is operated as a part of the Twin City Rapid Transit.
Earnings are included in those of the Twin City Rapid Transit.
Officers— President, C. Q. Goodrich; Vice-President, M. D. Munn;
Secretary and Treasurer, J. F. Calderwood.— V. 69, p. 852.
&
ST.
PAUL CITY RAILWAY-See Twin City Rapid
Transit Co., under Minneapolis, Minn.
SALT LAKE
LOUIS ELEC- RY--
CITY,
UTAH.
POPDLATION 1890 WAS 44,843; in 1880 was 20,768;
AND IN 1870 was 12,854.
Maturity.
.Stock
$250,000
Ist M. currency
1890
75,000
Jan. 1, 1905
Interest payable at office of the mortgage trustee, St. Louis Trust Co.
Road 2 miles of track on 1 mile of road. Cars cross Eads Bridge.
Officers— President, D. R. Powell; Secretary, D. T. Breok.
PAUL, MINN.
Population 1890 was 133,156; in 1880 was 41,473;
AND IN 1870 was 20,030.
000.
Organization—Chartered in July, 1889.
Bate, interest.
Stock & Bonds—
LOUIS & KIRKWOOD RR.— A troUey road
Organization— Completed March
Organization— Operates 3 miles
of track with horses. 8to«k, $50,In Jan., 1899, proposed to change motive power to electricity
and build double-track road from city limits to Wabash RR. and single-track road thence westward two miles. Pres.. M. B. Greensfelder.
&
with Lindell Railway.
LOUIS & BELLEVILLE ELECTRIC RY--
«aoh). Breckinridge Jones, Vice-Pres. Mississippi Valley Trust Co.,
Trustee.
Is reported to have arranged to purchase the St. Louis Belleville
Rumored consolidation under name of Inter-urban
<fe Suburban Ry.
Traction Co. of St. Louis. Pies., John A. Day— V. 69, p. 333, 542, 646.
the
,
;
A trolley road.
Double track railway between Belleville and East St.
Louis, 23 miles, completed in Feb., 1809. Stock increased in Jan., 1898,
from $50,000 to $500,000 —V. 66, p. 83. In May, 1898, made a mortgage to secure $500,000 5 p. o. 40 year gold bonds ($500 and $1,000
all
St.
Date.
Interest. Outstand'g.
Maturity.
Stock and Bonds—
See text.
Stock. $2,000,000
Ist
1896 6g. M-N $1,000,000 May 8, 1916
$1,000,000. gold
($1,000), guar, p.&i., by Interest at Mississippi Valley Trust Company, St. Louis, trustee.
St. L. & Sub., end....c*
Cou.>fol. M., $2,000,000...
1898
None Feb., '99
(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., but
latter had not been floated in Feb., 1899.
Road—Trolley from Sarah St., on St. Louis & Suburban, to Jackson
Road, 10"96 miles extension 3 miles to St. L.
Kirkwood tracks over
which cars run to Merameo Highlands.
Rails, 73-lb. girder and tO-lb
T. The St. Louis & Suburban furnishes power and carries the
country passengers 3^ miles over its own road to down-town
terminus of other lines President, C. H.Turner; Sec, R. Lehmann.
—
ST.
MERAMEC RIVER RR,—
in 1894, and in 1896 obtained
and franchises of the Manchester Road Electric Ry.
(2) ST.
the laws of Mis-
LOUIS &
Organization- Organized
rights
COMPANY-
ST. LOUIS TRANSIT
Orqamzation— This company was formed under
ST.
)
Entire issue of stock (t2,000.000) is held in the treasury of the
Louis & luburban, which company also guarantees the bonds.
M
It is
81
SALT LAKE CITY RAILROAI>-A troUey road
6J-J
Organization— Chartered Jan. 19, 1872.
Outstanding. Maturity.
Date.
interest.
Stock & Bonds—
$850,000
Stock, $1,000,000 (•P50)
840,000
Ist M., 8. f., golds 1893
6gJ-J
1913
($1,000) ($1, 500,0001 c* \ Subject to call after Jan. 1, 1903.
Entire issue subject to call Jan. 1, 1903, or any Jan. 1 thereafter,
rrom Jan. 1, 1904, to Jan. 1, 1913, one-tenth must be paid yearly. Bonds
to be called and paid in numerical order. Trustee, Guaranty Trust Co.
Bonds— Under terms of the mortgage of 1893 for $1,500,000, bonds
may be issued for extension of and additions to the mortgaged property
ttt rate of not more than 70 per cent of the cost of such addition and ex
tensions, and the bonds at any time issued shall not exceed .f 20,000 per
le for eachmileof road constructed, equipped and inoperatiou. After
dei>treache8.$l,000,000no l)ouds can be issued unless the net earnings
for preceding 12 months are sufficient to pay 12 per cent on all bonds
outstanding and 12 per cent on the bonds proposed to be issued.
Road—The company operates 45 miles of track.
'
ST.
LOUIS & SUBURBAN RY.-A troUey road.
In Nov., 1899, reports were current of a proposed refunding of the
debt of this road, but no details available. There have also been Intangible rumors of a consolidation with the United Railways Co. of
St. Louis.
Organization— Incorporated Sept. 11, 1884. This company is a reorganization of the St. Louis Cal)le <fe Western Ry Co., which it bought
In at the foreclosure sale of the latter's property June 10, 1890.
In July, 1897, secured control of the St. Louis & Kirkwood RR.
Date, interest.
Outstan-<ing. Maturity, etc.
Stock
Bonds
Stock («100)
$2,500,000
St. L. Cable & Western )
1 884
6 M. - N.
600,000
1914
RylstM
..
i /n/er«»i! at Farmers' Loan A Tr. Co.. N. Y. city
1H91 5 g. F. - A.
St. Louis & Sul)urban)
Feb. 1, 1921
1,400,000
l8tM.($2,000,000)g. W?i/e»-eK< payable in Boston by the trustee, the
$1,000
American Loan & Tr. Co.
>
Income bonds
1891
5
300,000
On Jan.25, 18P9, the stockholders voted to Increase the capital
«tock $500,000 to $3,000,010; also to issue $500,000 additional bonds.
&
—
m
Miles.
Miles.
45
29 Total track operate
Single track..
Si'cond track
16 Weight of rails, 30-T?) 40 and 72 lbs.
Officers— President, A. W. MoCuue; Vice-President, R.C.Chambers.
Sec'y and Tr^as.. Joseph S. Wells; Supt. and Purch. Agt., W. P. Read.
STREET RAILWAYS.
82
SALT LAKE & MERCUR
RR.-To be a trolley.
Trust Co. of
H.
-.ent, E.
New
York, as trustee, to secure .JOOO.OOO gold
Alris, Halt
Lake
City.
SALT LAKE RAPID TRANSIT&
Stock
Bonds—
Maturity.
6 F-A
1890
American Loan
Feb. 1,1910
350,000
70,000
& Trust (trustee), Boston.
net,
In 1894 gross, $110,538; net, $2 <,410.
Officers— President and General Manager, J. S. Cameron; Secretary
and Treasurer, G. S. Gannett Sup. and Pur. Agent, W. H. Stone.
$26,097.
;
and
electric
steam road. Operates 12 miles of track. Stock, $300,000. President,
L. L. Nunn; Sec. and Treas.. A. M. Wrench.
SAN ANTONIO, TEX.
Population 1890 was 37,673; in 1880 was 20,550;
AND IN 1870 WAS 12.256.
ALAMO HEIGHTS RAILROAD-A
&
$65,000
Aug. 1, 191840.200
Bank. Co.,Cleveland,0.
Officers— President, H. A. Everett, Cleveland, O.; Sec. and Treas.,
Manager, Thomas Wood, Sandusky, O.—
C. H. Stewart, Cleveland, O.:
V. 67, p. 275.
Road—Operates 32 miles of track on 26 miles of street.
Earnings— For year ending Dec. 31, 1895, gross, $89,420;
WEST SIDE RAPID TRANSIT-An
FA
Maturity,
Outstand'g.
interest.
Aug. 15
Ist luort.. $10,000 per) 1898
5g
mile, gold ($100, etc.). s Int. at Dime Sav.
Bonds are subject to call after 5 years.
completed
!j;350,()00
stmortgasre
OtUeriudebteduess
Date,
Stock, .$500,000
Road— Owns 9 miles of track on 7 miles of road in Sandu.sky City
(former Sandusky Street Ry.l Under construction from Sandusky to
Lorain, 30 miles, of which 10 miles from Sandusky to Huron has been
A trolley road.
Inlerest. Outnlanrling.
Dale.
8iock$500,000(par$100)
Interest at
Presi-
5s.
& Bonds—
Stock
Rhus from Fairtleld to Merctir, Utuli, I'J miles, and is to be extended
to West Dip. In July, 1898, made mortgage to the Produce KxcLange
SANDUSKY MILAN & NORWALK TRAC-
TION—A trolley road.
Organization— Consolidation in 1899 by S. M. Bullock of New York
Norwalk Electric and the People's Electric
of the Sandusky Milan
Ry. of Sandusky.
<fe
&
interest. Outstand'g.
Maturity
Date.
Stock
Bonds
Stock (t)
(?)
Mortgage, gold, $400,000, ) 1899
t>
1929
(1)
par $5oO
5 State Trust Co., New York, trustee.
Road— Owns 25 miles of track.
Officers— President, Frank Warren; Secretary, T. Pitt Cook.—V. 69,>
p. 744.
trolley road
Is
believed to have been acquirad by Southern Light & Traction Co.
Organization, Etc.—successor to San Antonio Rapid Transit, sold
in foreclosure in May, 1895. On Feb. 27, 1897, W. H. Hume was
appointed receiver. Capital stock is $62,000 (par, $100.) First
mortgage, $500,000, gold, 6 p. c. bonds, c*, $500 each; dated 1895,
due June 1, 1915; interest, JAD. Franklin Trust Co. of Brooklyn,
trustee. Operates 5'fl miles of track.
SANFORD
ME.
Popdlation in 1890 was 4,201; in 1880 was 2,734.
SANFORD & CAPE PORPOISE RR-A
trolley
Lyman, Kennebunk, West Kennebunk and Kennebunkport, Me with the terminal at Cape Porpoise.
Road between Sanford and Kennebunk, opened August 19, and since
completed to Cape Porpoise,
miles urther. Operates 25 miles of
road.
Will connect Sant'ord, Alfred,
,
fi
SAN ANTONIO EDISON
CO.-A
road
trolley
Con-
Southern Light Ac Traction ( o., which see.
Road, Etc. —Successor to the Citizens' Electric Power & Street Ry.
Co. Operates 13 miles of track. Capital stock, $300,000; first morttr<)lled liy
Bonds, $250,000 30-year, 58; State Trust Co., N. Y., Trustee.
President, Ernest M.Goodall; Vice-President, Frank Hopewell; Treasurer, Louis B. Goodall; Superintendent, C. A. Bodwell.— V. 68, p. 332;
road.
V. 69, p. 492.
gage, $300,000.
SAN ANTONIO STREET
SAN FRANCISCO, CAL.
RAIL^VAY.-Con''oli-
Population 1890 was 298,997; in 1880 was 233,959;
and in 1870 was 149,473.
dation of this with other local roads and with the gas and electric light
companies under the name of the Southern Light
Traction Co. Is in
&
progress.
Organization— Incorporated
in
^he Prospect Hill Street Railway.
Date.
Bonds—
Stock
Stock $1,000,000
&
1st mort. ijil.OOO
May, 1874. and in 1890 absorbed
Outstanding Maturity.
$200,000
fl885
7-A15
200,000
1905
each ...< Interest payable at Atlantic Trust Co., New
(
rnn mnrt -ftfiOO 000 r*
oon. moil., !tbuu,uou..c
J
York
1890
interest.
City,
.
and San Antonio.
6M-N
400,C00
May 1,1920
suiy. to call $20,000 yearly from May 1,1897
miles of track. Rails 40, 45 and 56 T.— V. 68, p. 674.
J
ROAD-35
SAN ANTONIO
LIGHT & STREET
RAIL^A^AY-Consolidation
gress wiih other compauie.s.
See V. 69,
GAS ELECTRIC
(TEX.)
p.
1015; also V. 68,
p.
In pro674.
SOUTHERN LIGHT & TRACTION.-
New Jersey Sept., 189s*. Will embrace the gas,
and street railway properties of San Antonio, Texas.
At lattst accounts had appaiently acquired, among other properties,
the San Antonio Street Railway, the San Antonio Edison, the Alamo
Heights Railroad and the San Antonio Gas, though most, if not all, of
these are still separate concerns. Messrs. Emerson McMillin & Co.
are arranging thecomsination.— V. 69, p. 1015.
A mount
When
Incorporated in
electric light
Stock
&
Bonds—
StDck ($2,500,000)
Collateral trust, gold)
Date.
1899
Outstanding.
Rale.
5
g.
Due.
(1)
M&S
(?)
1949
at 105
Subj. to call
$ Continental Tr. Co., Trus.
collateral trust issue is secured by a deposit of the stocks of the
companies acquired.—V. 68, p. 674; V. 69, p. 542, 1015.
($2,500,000)
The
V^EST
END STREET CAR
CO.-A trolley road.
Road, Etc.— Operates 5-8 miles of track upon 4-8 miles ol street.
Stock, $26,000. First mortgage is for $100,000 gold 6s, J&J dated
1890, due July 1, 1910; interest at Importers' & Traders' National
Bank, N. Y., or San Antonio otlice. July, 1898, interest In default. On
August 8, 1898. John H. Clark was appointed Receiver.—V. 67, p. 324.
President and General Manager, G. W. Russ.— V. 67, p. 324.
IN
1890 WAS 16,1.59; IN 1880 WAS 2,637;
IN 1870 WAS 2,300.
CO.— See San Diego Elec. Ry.
CITIZENS' TRACTION
SAN DIEGO ELECTRIC RY-A trolley road.
m
March, 1898, purchased Citizens' Traction
Organization, etc.—
Co. at foreclosure sale. Owns 15 miles of track. No bonds had been
Issued in Feb., 1899. President, A. B. Spreckels, San Fransisco, Cal.;
Vice-Pres., E. 8. Babcock; Sec. and Treas., J. A. Flint.
SANDUSKY, OHIO.
Population 1890 was 18,471
;
in 1880
was
Dividends have been 50 cents monthly.
Road— March 1, 189^, 11 1^ miles of track on 51^ miles of
Officers— President.
15,838.
SANDUSKY & INTERURBAN ELECTRIC
RAI LAV AY -A trolley road.
Organization.- Incorporated in 1898 to build a road from Sandusky to Lorain, there connecting with the Lorain & Cleveland Ry.,
controlled l)y same parties. On July 9, 1898, purchased Sandusky
Street Ry. at foreclosure sale.— V. 67, p. 127, 275; V. 69, p. 744.
street.
B. Stetson; Vice-President, A. Borel; Secretary, A. Stetson; Treasurer, A. Borel & Co.; General Manager and
Purchasing Agent, J. W. Harris. Office, San Francisco. Cal.
J.
GEARY STREET PARK & OCEAN
RR.-
OrQANIZATION—Incorporated Nov. 5, 1878. Annual meeting first
Wednesday after second Tuesday in April.
Date, interest.
OiUslanding. Maturiti/.
Stock & Bonds—
Stock (par $100)
1st -M., $750,000, gold
10,000 shares.
See text.
1891 5g A - O
$671,000 Oct. 1, 1921
Dividends— Payments are in 50 cents per share. In 1895, 6 dividends
of 50 cents paid; in 1896, 5 dividends; la 1897, 3 dividends; in 1898,
6 dividends,
and
....
in 1899, to Oct. 31, 5 dividends
Road—In November, 1899, owned 4 miles
of double-track cable road
laid with 72-lb. steel rails.
Officers— President, H. E. Huntington; Vice-President, Adam
Grant; Secretary and General Manager, J. L. Willcutt; Treasurer,
N. T. Smith. Purchasing Ageent, B. P. Schwerin. Office, W. F. & Co.
Express Building, San Francisco.
MARKET STREET
RAILVv^AY-
ORGANIZATION— Formed by consolidation of a number of companies,
including those whose bonds are in the table below. The Metropolitan Ry.
Ii3.8
Stock
also been merged.
& Bonds—
Date,
Stock (par $100)
Market St. Cable Ry., Ist ) T QQo
M., $1,000 gold
c}^****^
Omnibus Cable Co. 1st
1888
M
ParkA Cliff House Ist M
2d mortgage
SAN DIEGO, CAL.
POPOLATION
CALIFORNIA STREET CABLEOrgANIZATION—Chartered Feb. 8, 1877. Annual meeting the second
Wednesday in July.
Date, interest.
Outstanding.
Maturity.
Stock & Bonds—
MontMy. | IgjfOO^f^YnS.
Stock (par. $100)
J
1890 5g. J-J
1st mortgage, gold....
Jan. 1, 1915
$900,000
1893
1887
1887
1884
1889
(See V. 61, p. 750.)
interest.
Q-J
«„ J-J
bg. t t
6A-0
6M-N
6 J
-J
Outstanding.
Maturity.
$18,617,000
Oct., '99,60c.
3,000,000
Jan. 1,1913
2,000.000
Apr. 2, 1918
15,000
May 1, 1923
3.50,000
Jan.
1,
1913
Powell Street Ist M....
6M-S
700,000
Mar. 1,1912
Park & Ocean 1st M...
6 J -J
250,000
Jan. 1, 1914
Perries & Cliff H. 1st
6 M -S
650,000
Mar. 1,1914
Market Str. Ry. consol..
M. for $17,500,000 g. 1894
4,817,000
5g. M-S
Sept.1,1924
Interest is payable at Treasurer's office, San Francisco.
Dividends of 60 cents per share are paid quarterly.
Road Comi)any on July 1, 1899, owned track as follows
.yiiles.
Roads owned in fee
Roads owned in fee
Miles.
M
—
—
—
line & brchs. (hor-ie) .. . 1334 Main line & brchs. (steam) . 11-79
Total single track
do.
do.
(trolley) . 96-22
179-52
Ralls 37 to 85 lbs. to yard.
do.
do.
(cable)... 5817
Steam road and horse lines being change'l to electricity.
Main
.
Earnings— For year ending Dec. 31, 1898, 166 miles, gross earnings,
In 1897, 169 miles, gross earnings,
$3,483,445; net, $1,436,464.
$3,406,606; net, $1,351,059. In 1896, 177 miles, gross, $3,259,989;
net, $1,201,967.
Officers— President, H. E. Huntington; Vice-President. Charles
Holbrook; 2d Vice-President, A. Hayward; Secretary and Controller, J. L. Willcutt; Treasurer, N. T. Smith; Purch'g Agt., R. P. Schwe Office, San Francisco, Cal.
in.
STREET RAILWAYS.
PRESIDIO & FERRIES RAILROADOrQANIZATION —Chartered Jan.
& Bonds—
Stock
;,»„„,
6, 188'Z.
Date, interest.
5
•stock (par, a>inrs^
$100)
,
\
Outstanding.
10,000 shares.
$^5 paid in.
Maturity.
\
1 St mort...f 250,000
6 M&N
$170,000
1911
Road— Operates ll^a miles of road as follows: Cable, 7 ^a miles; horse,
2 miles; steam, 2 miles; total track, 11 ^c miles.
Officers— President, G. A. Newhail; Secretary, John B. Leighton
Office, corner Union and Sharp streets. San Francisco.
FRANCISCO & SAN MATEO ELEC-
SATSr
TRIC RA LWAY-A. trolley road.
I
Organization, Etc.- Successor
in
May, 1896, to
S.
F & Saa M.
Ry.,
83
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, and a general consolidation of
the Savannah roads expected in the near future.
The property of the Suburban & West End Ry., sold at foreclosure
August 1, 1899, was bought in the interest of this company.
Maturity.
Date.
Interest.
Ouistand'g.
Stock (i)
(!)
1st mortgage, $1,250,000, ) 1897 4 cur., Q.-J. $1,250,000 J'ly 1,1947
Trustee, Central Trust, N. Y.
c* S
gold, $1,000
Bonds of 1897 were issued in payment of the acquired property
Road— In Jan., 1899, owned about 35 miles track.
Officers— President, George Parsons Vice-President, J. H. Fall
Secretary, Edward J. Thomas, Sr.
Treasurer, Edward J. Thomas, Jr
—V. 64, p. 85, 182, 755. 1089 V. 65, p. 152, 621, 926; V. 69, p. 334.
;
sold in foreclosure.
Road— Owns
Since 1897 has been entirely
23 miles of trolley track.
;
;
rebuilt.
Officers— President, A. B. Spreckles; Vice-President and General
Manager, John A. Buck; Secretary and Purchasing Agent, W. Clayton; Superintendent, A. B. Southard.— V. 62. p. 684.
SCHENECTADY
SUTTER STREET R AIL^V A Y-A cable road.
Organization— Chartered Dec. 22. 1887.
In October, 1899, purchased the interest of the Sutro estate ($213,100 stock out of $243,100) in the Sutro Railroad Co., paying $215,000,
which included a depot site.—V. 69, p. 907.
&
Stock
Bonds—
interest.
Outstanding.
Q-M 15
5 M-N
\
Date,
Stock (par, $100)
l8tM.,g., $1,000 each 1888
Last Div.,etc.
|Sept.l5'99,lJ4%
^^^^'J^fd.
May 1,1918
$900,000
Trust Co. of San Francisco.
Trustee is California Title, Ins. <&
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: In 1893, 5 p. c; in 1894, 5 p. c; l:i 1895, 4 p. c; in 1896,
4 p. c; in 1897, 5 p. c; in 1898. 5 p. c; in 1899, IH p. 0., CL^arterly to
to Sect. 15.
Road—
Miles.
•68
Miles.
Cable road (iron and cement) 5*75
do
second track
575
Rails431b. T.
Horse
oad
Total
I
owned
12-18
in fee
Morrow; Vice-President, J. L. Schmitt;
Secretary, A. K. Stevens Treasurer, M. Schmitt. all of San Francisco.
Officers— President, R.
F.
;
—V.
SCHENECTADY RAILW AY-A trolley road.
Organization—A reorganization In February, 1895, of the Schenectady Street Railway Co., which was chartered in 1886. Purchased by
the General Electric Co. in August, 1898, together with Schenectady
General Illuminating Co.— V. 67, p. 321.
Date.
interest.
Outstand'g.
Maturity,
Stock & Bonds—
Stock, par $100
$300,000
1st M., $300,000, gold, 5 1895
5g. J - J
See text.
Jan. 1, 1925
0* I Interest at Merc. Trust Co., N. Y., trustee.
$1,000
Firsts of 1895 are secured in part by $79,700 stock of Schenectady
Illuminating Co. deposited as collateral. Interest paid free of taxes.
In Feb., 1899, $223,000 were outstanding and the sale of the remaining $77,000 was pending for extensions and Improvements.
Road— Single track main line Brandywine to Bellevue 4*22 mUes
second track and sidings, -7 miles; total of aU track 4'87 mUes.
Latest Earnings- Present company took charge in February, 1895.
Tear.
Oross.
Net.
0th. inc. Int.,tax.,itc. Bal.sur.
1898-99
$41,117 df.$2,438
$22,231
$14,668
.$5,125
1897-98
33.454
1,811
24,178
14,720
11,269
Officers- President, J. P. Ord; Vice-President and Manager, R.
H. Fraser Secretary-Treasurer, J. J. Kennedy.— V. 60, p. 303; V. 63,
p.
SUTRO RAILROAD
716; V. 65,
to buUd and operate a road on Central
the CJliflf, with a branch line to the Park on 8th Avenue.
No bonds outstanding In January, 1899. In Oct., 1899, the Sutter
street Ry. purchased the interest of the Sutro estate ($213,100 of ihe
^243,100 stock outstanding) and thus obtains control of the road.—
V. 69, p. 907.
Par.
Authorized.
Outstanding.
Stock
—
$10
Road.— Five miles long
(9*9
$400,000
$243,100
miles track), was opened Jan. 27, 1896.
SARATOGA, N
Population
was
in 1890
and
SARATOOA
in
13,171
;
in
,
Y.
Bonds—
1880 was 10,820
1870 was 8,537.
Interest.
Outstanding.
Stock, $200,000
Maturity.
$200,000
200,000
IstM., $300,000 gold..
1897
5 g. J-J
1927
Road Owns from Saratoga to the lake, the race track and to Geyserville and Ballston, 13 miles of road; sidings, I3 mile; total track, 13 13
—
Population 1890 was 75,215; in 1880 was 45,850;
and
was
in 1870
35,092.
SCRANTON RAIL^WAY-A trolley road.
Organization- On Jan.
l, 1897, assumed all the assets and liabiliScranton Traction Co., etc— V. 63, p. 1064 V. 64, p. 85.
In August, 1899, was reported to have bought the Carbondale Traction Co., but application for receiver of this lalter road made in Nov.,
ties of the
;
Maturity.
Stock & Bonds— Par. Date, interest. Outstand'g.
Stock ($6,000,000).. $50
$2,500,000
Scranton Trac. Ist ^qqq
jggg q g.^-N 1,000,000
Nov. 1, 1932
Interest x at E. W. Clark & Co., Philadelphia.
go7d,no option c- }
Scran.'Pas.Ry.lstM.l.OOO 1890 6 M-N
100,000
May 1, 1920
Scranton Sub. 1st > 500ac 1890 6g.M-N
200,000
1909
M., g., gu.,p.<fel.c* 5 Trustee, Farmers' L. & T. Co., N. Y.
Peop'88t.Ry.lstM.g.l,000 1888 6g. F-A
200,000
Aug. 1, 1918
Do
gen. M., gold .... 1891 6g. J-D
100,000
Dec. 1, 1921
Scranton Ry. M., $2,500,- ) 1897 5g. J-J
900,000
Nov. 1, 1932
000. gold ($1,000) ...c* S Trustee, Continental Trust, N. Y. City.
On Feb. 1, 1899, had no floating debt. V. 67, p. 127.
X Free of United States and Pennsylvania State taxes.
Bonds— Of the .$2,500,000 Scranton Ry. mortgage 58 of 1897, $1,600,000 are reserved to retire prior bonds at matuiity.
Road— Owns and operates all the street roads of Scranton, having
an aggregate mUeage as follows
Owned
Miles. Scranton & Carbondale
5
Scranton Railway
34 Lackawanna Val. Trac
4
Leased (earns, separate) - Miles.
Scranton & Pitts ton
12
Total system
55
Latest Earnings— 9 mos,.? 1899. ..Gross, $303,341; net, $150,170
Jan. 1 to Sept. 30.
281.025; net, 139,187
5 1898.. Gro.ss,
Earnings— Operations of the lines now composing the SorantonRallway, not including the Scr. & Pitts, and Scr. & Carb. lines, for the
year ending Dec. 31 were
1898.
1897.
1898.
1897.
Gross
$3b3,727 $366,325
$136,812 $135,170
Oper. exp
189,542 179,974 itxes^lf^.^.^. \
~i
TRACTION-TroUey.
Date.
67, p. 321.
1899.
Organization, Etc.— Formed in May, 1897, as successor of the
Union Electric Ry. foreclosed. Saratoga Lake RR. was leased for 99
years. In .spring of 1899 road was extended four miles to Ballston.
&
233; V.
SCRANTON, PA.
etc., to
fitock
p.
CO.-A trolley road.
Organization-Incorporated
Stock
13,655;
;
69, p. 907.
Ave.,
Y.
N.
Population 1890 was 19,857; in 18jJ0 was
and in 1870 was 11.026.
miles.
Earnings—Operated only as a summer road. For year ending June
30, 1899, gross, $9,772; net, $2,343; charges, $6,821 def. for year,
$4,478. Total def ,$18,632.
Officers— President, Edward A. Noyes; Secretary, McKee Dunn
-McKee: Treasurer, R. S. Storrs, 40 Wall Street, New York City.
;
—
I
|
I
|
SAVANNAH
GA.
POPTTLATION 1890 WAS 43,189; IN 1880
AND
CITY &
IN 1870
SUBURBAN
WAS
was
30,709;
28,235.
RR.-A
steam and trolley road.
in April, 1882.
Controlled In same
8. T.
I. of H.
General consolidation
Organization— Incorporated
Interest as and operated by
&
of Savannah roads expected in the near future.
Date.
interest.
Outstanding.
Stock
Bonds—
Maturity.
Stock (par $100)
$50,000
1st mortgage (old 78).. 1882
6 M-N
200,000
Jan. i, 1902
&
2d mortgage
(ol 78)...
1883
6 Q-F
50,000
1903
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 Sa-
vannah Bank & Trust Co.
Road— Operated 35 miles of track, of which 4 miles steam.
Officers— President, James H. Johnston; Vice-President, Henry
Parsons; Sec'y, E. J. Thomas; Treas., E. J. Tliomas, Jr.— V. 64, p. 755,
SAVANNAH THUNDERBOLT
road.
HOPE RY.-A
& ISLE
OF
trolley
Organization—On May 29, 1897, the property
Traction was conveyed to this company without
Savannah
foreclosure. The
of the
Net
$194,185 $186,351
Bal., sur. for yr.
$57,373
$51,181
Officers— President. C. M. Clark; Vice-President, J. P. Ilsley; Seo'y
and Treas., C. Ford Stevens, Bullitt Building, Phlla.; Gen. Man., Frank
SiUiman, Jr., Scranton, Pa.— \. 64, p. 85; V. 67, p. 127; V. 68, p. 674.
(1).
SCRANTON & CARBONDALE TRACTION—A troUey road.
Organization— Scranton Railway
Co. leases this
company
for fifty
years and operates the road and furnishes the power.
Stock
&
Bonds—
Miles. Date.
Interest.
Outstand'g.
Dies.,
etc.
Stock
$500,000 J'lyl,'99,l%
IstM., $1,000,000, g.,( 5
1893 6 g. J - J
150,000 Jan. 1, 1923
$1,000
0*^ Interest at Union Tr. Co., Phila., and LackaX Free of State tax. ( wanna Tr. ASafeDep. Co., trus., Scranton, Pa.
Bonds lor $100,000 are reserved for power plant, if required, and
$750,000 for purchase of other railroads and now property.
Road Owns road extending from Scranton to Archbald, Pa., about
5 miles connects with Carbondale Railway to Carbondale.
Latest Earnings— 8 mos.)18»P 9
Gross, $22,994 net, $10,584
July 1 to Feb. 28.
51897-8
Gross, 27,095; net, 11,555
Annual Report— Fiscal year ends June 30. Earnings have been
—
;
;
;
STREET RAILWAYS.
84
Bal., stir.
Charges.
Gross.
Net.
$10,018
$6,852
$38,443
$16,870
9,202
40,817
19,119
9,917
Officers— President, William R. Duabam Secretary, Percy S. Bickmore; Treasurer, George L. Mitchell.
1897-98
1896-97
;
(2.)
8CRANT0N & PITTSTON TRACTION.— A
Organization— Chartered
Sept., 1893,
trolley road.
and on Oct.
5,
1893, leased
50 years to Scrauton Railway Company; has since been
purchased by the Scranton Traction Company. The Plttston
for
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.
Stock
Bonds— Milts. Date, interest. Outstand'g
Stock (par $100)
$1,050,000
Mort. $525,000, g., ( 15
1893 6g. A-O
295,500 Oct. 1, 1923
$1,000 & $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
X Both principal and interest are payable free from all United States
and State of Pennsylvania taxes.
Road— Operates 12 miles of track, uniting Scranton with Greenwood
Moosic and Taylorville, Avoca, Pittston and Readham.
Lease— Under its lease the Scranton Railway Company guaranteed the interest and principal on $25,000 per mile of this com,
pany's bonds, and any surplus earnings after paying all taxes, insurance, interest on bonds guaranteed, etc., was to be divided between the
lessor and the lessee, one-fourth to the Scranton Railway and threefourths to Scranton & Pittston Traction.
Earnings—Jan. 1 to Dec. 31, 12 months, 1898, gross, $61,901 net,
$19,565. Officers— President, L. A. Watres; Secretary, ct. C. Adams;
Treasurer, C. H. MuUin.— V. 63, p. 515.
Railway and the Pittston Jenkins
&
;
SEATTLE, ^VASH.
Population 1890 was 42,837; and
in 1880
still
&
Savings Bank, Chicago, trus-
The first mortgage is for $1,000,000; bonds (Nos. 1 to 150 incl., $50O
each) for $75,000 have interest preferred until Jan. 2, 1907; the
$457,000 bear interest absolutely after Oct. 1, 1899. Of the second
mortgage bonds, series A (Nos. 1 to 42), $42,000 are preferred over
series B as to principal and interest.
Road— Owns 13 72 miles of track and leases 4-68 miles.
Earnings- For year 189 - gross, *142,738. In 1897, $91,453.
President, G. B. Blauchard. I'reasurer, A. B. Forbes, 204 Dearboro
St., Chicago.— V. 67, p 321.
SEATTLE & RENTON
RY.-TroUey.
Organization— In 1899 purchased the road and franchises of theSeattle & Ranier Beach Ry.. formerly the Rauier Ave. El. Ry. foreclosed. The Seattle & Ranier Beach, however, maintains its corporate^
existence.
&
Stock
Bonds—
Date,
Outstand'g.
interest.
Maturity.
$100,000 ...
65,000 June 1, 191 4=
5 J-D
First mortcaM %1 50 oon k ^^99
tipsi mortgage, $150,000
g^ r/.^.^^^ q„^ Boston. Trustee.
^ g^^^^
Road—Operates 12-35 miles of track, extending from Seattle toRenton, Including Seattle <fe Renton Ry. extension from Rainier Beach
to Renton. Rails, 30-56 lb. T and girder. Franchise runs till 1915.
Officers— President, Mgr. and Pur. Agent, F. H. Osgood; VicePresident, H. Chopin; Secretary, W. A. Peters.
8tock,(par, $100) ($100,000)
UNION TRUNK LINE—An electric and cable road.
&
Stock
Maturity^.
Bonds— Date, interest. Outstanding.
Stock (par, $100)
$1,000,000
1st M., $500,000, gold, > 1891
Jan. 1, 1911
6g. J-J
500,000
$1.000
c* 5 Interest at Central Tr. Co., trustee, N. Y. City,
Road Operates 21 miles of electric and 1-36 miles of cable road.
President, M. H. Young; Sec, J. D. Lowman; Treas., R. R. Spencer.
—
WEST SEATTLE CABLE-
was
Organization— Capital stock, $150,000;
3,533.
pending to include the various Seattle roads— the
Seattle Traction, the Union Trunk Line, the Front Street Cable Ry., the
Madison Street Cable, ihe West Street dt North End, the Third Street <£
Suburbati, but Messrs. Stone <6 Webster of Boston, who are conducting
the negotiations, under date of November 13, say that matters have not
progressed sufficiently far to varrant a public stattment. Lines are
OomhiJiation
Interest is payable at Illinois Trust
tees of both mortgages.
is
WEST
Stock
&
ST.
track, 2
m. Pres, H.S.King,
NORTH END ELECTRIC
&
Bonds —
Date.
RY.
Maturity.
OtUstand'g.
interest.
Stock
$1,000,000
IstM., $300,000, g...c.
1890
6 M-S
300,000
Sept., 1910Ten miles of trolley road on 6 miles of street. For year 1898, gross,.
$45,225; net, $23,186. President and Treas., S. L. Shuffletou.
being operated separately.
FIRST
AVENUE RAILWAY.-
SEDALIA, MO.
Organization, Etc.— Successor in January, 1898, to the Front
Street Cable Ry., sold under foreclosure Jan. 8, 1898. Stock, $150.000; par, $500; all outstanding. V. 66, p. 183. In Feb., 1899, $300,
000 gold bonds were outstanding. Line runs from First (formerly
Front) St. and King St., up First and Second aves.; 3 miles of double
track. President, M. H. Hecht. Secretary and Treasurer, Fred. K.
Struve. Gen. Man., O. D, Colvin.— V. 66, p. 183.
ORANT STREET ELECTRIC RAILWAYChartered
1891. Capital
stock, $200,000. Bonds
$100,000. Operates 5^2 miles of track. Projected, H2 miles.
Date,
interest. Outstand'g. Maturity.
Bonds—
Stock
Stock, $200,000; par, $100
$200,000
6g. M-S
100,000 Mar. 1, 1912
1st M., $125,000, gold, ($1,-) 1892
000 each) subject to call >Int. at Atlantic Trust Co., N. Y., trustee.
at 104
) Sinking fund $2,000 yearly after 1897.
Road turned over to company by receiver Jan. 25, 1898. President,
N. H. Latimer; Secretary, E. F. Blaine.
ORQANIZATION—
in
&
OREEN LAKE ELECTRIC RY.-A troUey
1889
1915. The
road.
leased to
Seattle Consol. St. Ry. at a nominal rental. Stock (auth. $70,000)
issued $60,000; 1st mort. 850,000, gold, 1891, 6 g., J. & J., due Jan. 1,
1912, are outstanding only as collateral for an indebtedness of about
$17,000. Owns 4-86 miles of track.
Organization-- Chartered
in
road
till
is
MADISON STREET CABLE RAILM^AYin
1889. Controls the South Seattle Cable
OrQanization.— Chartered
Railway. Capital stock, $750,000. Bonds, $450,000 of 6 p. c. firsts,
dated 1890, due 1910, interest, A. & O., are pledged to secure a loan of
$250,000. Operate 714 miles of trarS upon 36 miles of street. In year
1897 carried 1,279,074 passengers President, H. G. Struve.
SEATTLE CITY RAILWAY-A cable road.
Reorganization— At latest dates road was still in receiver's hands,
no date of sale had been Mxed and no reorganization plan adopted.
Bondholders' committee isWinthrop Smith and J. W. Longstreth of
Philadelphia and Albert Stone of Boston.
Stock and Bonds— Miles. Date. Interest. Outstand'g. Maturity,
Stock
letM., $600,000,
$600,000
5
1890 6g. A-O
g...
441,000 Oct. 1. 1910
Interest Oct., 1893. and since in default; Central Trust Co., trustee.
Road Owns about 5 miles of cable road on 5 miles of street In
Seattle, known as the Yesler Avenue and Jackson Street lines.
Substructure has been practically rebuilt during the receivership.
Receiver is W. A. Underwood, 40 Wall St., New York.— V. 62, p. 950.
—
SEATTLE TRACTION
CO.-A trolley road.
Organization— A reor^auization of the Seattle Consolidated St. Ry.
sold in foreclosure Dec. 1, 1896— see V. 63, p. 141, and V. 67, p. 321.
interest. Outstand'g.
Dat*.
Maturity
Stock &. Bonds—
Stock $1,000,000 ($100)
Ist M. g., subj call at 105
($.500
&
$1,000);
preferred
int.
is
^1897
A-O
73,100
Jan.
2,
6g.A-0
456,488
Jan.
2.
1927
2d M.g. Incomes, non-cum.
A &B
callatpar
^1897
>
)
c*)
Orqanization, ETC.-^Organized in October, 1898, as a consolldatiott
Power and toe Sedalia & Brown Springs'Owns franchise for a road on all streets of
city, and also franchise to operate electric-light plant. Has lightingcontract with city, which expires 1899.
of the Sedalia Ry. Light &
Electric Ry. —V. 67, p. 483.
Stock
&
Bonds—
,
1897
6g.
A-O
\
^
.QOftoci
b298 Ol 5 (
ao.vo^
•^*'»-
3,
1927
Date.
Interest.
stock $400,000, par $100.
Sed. E- & L. & P. mort, g.
1892
Sedalia& Brown Spgs. 1st;
M. $80,000 s.f. ($1,000) 1894
6g. F-/.
Outstanding.
Maturity.
$200,000
200,000 Aug. 1,1912
50,000 Deo. 1, 1914
6 J-D
Trustee, Trust Co of America at Phila.
;
guar., gold
c*
1st cons.e.$4OO,O0O, c*
1898
5 M-N
140,000 Nov.l,193S
atU.S.M. &T.,Tr.
'i\
The bonds of 1892 and 1894 are subject to call at 104 and interest,
and the company is prepaiing to refund them. On Nov. 20. 1899, $140,000 consols had been issued,
Road— Elec. Ry. L. & P. owned 12 miles of single track; Brown
;
Int.
Springs, 3 miles; total. 15 miles.
Officers— President. S. H. G. Stewart. 40 Wall St., N. Y.
and Treasurer, Calton H. Reeve, New York.- V. 67, p. 483.
;
Secretarjr
SHAMOKIN, PA.
>>OPULATiON IN 1890
SHAMOKIN &
Stock
&
Bonds-
IN
WAS
14,403; IN 1880
WAS
8,184;
1870 was 4,320.
MT.
Date,
CARMEL ELECOutstanding.
RY.—
Maturity,
interest.
Stock. $500,000 ($50)
$500,000
500,000
Dec. 1, 192S
Bills payable Jne.30, "98
41,332
Road— Shamokin to Logsville, Green Ridge, Mt. Carmel, Cunningham and Centralia, \Q\ miles. For year 1897-98, gross, $47,173; net,
$19,964; interest, taxes and rentals, $37,318; balance, deficit, $17,354,
Piesident, G. M. Saaith; Secretary, H. R. Suavely; Treasurer, C. Smith
Bonds
1893
6 J-D
SHARON,
PA.
Population 1890 was 7.459; in 1880 was 5,684;
and in 1870 was 4,221.
VALLEY STREET RAIL^WAY.-A trolley road.
—
interest. O .txtanding.
Date.
Maturilu.
Stock & Bonds
Stock
$150,000
=iO,000
IstM., $='0,000, gold.... 18^2
6g. M-N
1912
2d M., $25,000, gold
1894
6g. i-J
25.000
1914
Trustee of both mortgages is Union Trust Co. of Pittsburg, Pa.
Road— From Sharon through North Hickory and Sharpsvlllc*. 4-45 m„
Officers— President, A. M. Jolly; Secretary, A. R. Leyda, Beaver
Falls; Treasurer, A. Mooowell. Sharon.
SHEBOYGAN,
in
>
subj. to S
SEDALIA ELECTRIC AND RAIL^VAY-
1927
6g.
c* )
Ist M. g. incomes to Oct.
1, '99 ($.500 <t $1,000),
c*
BUbJ. to call at 105
($l,O0O),
$349,300
)
Population 1890 was 14.068; in 1880 was 9,561
AND IN 1870 WAS 4.560.
V/IS.
Population in 1890 was 16.359;
1880 was 7.314; in 1870 was 5.310.
SHEBOYGAN LIGHT POWER &
Owns 14 mUes of
RY.-
trolley and light plant wltb
OrQanization, Etc.—
71 miles of vrtre. Capital stock, $100,000; first mortgage, 5 per cent
($1,000) gold bonds, $225,000, dated 1896, due April 1, 1926; Interest,
STREET RAILWAYS.
A. & O. at Mercantile Trust Co., New York, trustee. For fiscal year
1899: Gross earnings were $65,932; net, $21,381.
OcpiCERS— President, G. B. Mattoon; Vice-President and Manager.
J.
M. Saemann; Secretary, E.
L. Debell.
i-*
road.
SHELTON STREET RAIL^ATAY—A trolleymiles of
Nov. 12, 1895. Operates 2>a
Organization— Incorporated
Extension of 11 mil s projected to Stratford, thirteen miles'
there to connect with the Bridgeport Traction Co. controlled in the
ame interest. Stock, $75,000; all outstanding. No bonded debt.
Earnings-— Ff'r fiscal year ending June 30, 1699, gross, $6,305;
track.
net, $1,043.
SING SING,
Popdlation
ViceBridgeport, Conn
Treas. and Clerk, A. W.
;
J.;
N. Y.
in 1890 WAS 9,352 in 1880,
AND IN 1870 WAS 4,696.
;
was
6,578
;
OSSINING ELECTRIC RAILWAY-
In NoTcmber, 1897, John V. Cockroft was appointed receiver. In
November, 1899, dale of sale had not yet been fixed.
Earnings— YearsendingJuneSO
Stock $100,000, par $100.$100,000
1898.
1897.
100,000
Istmort. 6s, J-D
Gross
$18,977
$19,738
Interest in default.
797
1,694
Net
Bills payable, etc., June
6,799
6,799
12,257 Charges
30,1898
df. 6,002
Balance
df. 5,105
Road— 276 miles of track.
-V.
65, p. 925.
Sioux: CITY, IO^VA.
^''ASHINGTON
Reorganization- Under plan
1890
in May, 1894, with authorized capi$1,000,000 to succeed the Sioux City Street Railway, sold in
foreclosure. Stock increased to $1,200,000 in 1899.
In 1899 bought all the other bioux City lines, and now owns and wil'
operate about 48 miles of road, including the elevated (Sioux City
Transit), the Central Traction, the Riverside Park and the Sioux City
& Leeds Electric. All the old securities are to be canceled and a new
issue of bonds for $750,000 made to run 20 jears, bearing 5 per cent
Interest. The capital stock of the Sioux i ity Traction has been Increased to $1,2«0,000. Consolidation In November had not been entirely perfected, but the different lin-^s are all being managed by the
officers.
Officers.— President,
J. S.
Lawrence; Vice-President and Treasurer
Abel Anderson.
SOUTHBRIDGE, MASS.
in 1895
was 8,250;
in 1890
was 7,655;
in 1880
SOUTHBRIDGE & STURBRIDGE
Organization, Etc.— SouthbridgetoSturbridge,
was 6,464.
ST.
RY.
7^ miles of trolley.
On Nov. 1, 1898, paid
Stock, $60,000; par $100. Dividends, M.-N.
2 per cent. Bonds, $60,000 Ist M. 20-year gold coupon 5s, J.-J. In
President, Calvin D. Paige.
t«rnational Trust Co., Boston, Trustee.
SOUTH FRAMINGHAM, MASS.
SOUTH MIDDLESEX STREET
&
Bonds—
RY.- Trolley.
Maturity.
Stock ($100)
seebelow. $100,000
5 g.F -A
l8t M., $100,000, gold. 1895
100,000
Feb. 1, 1918
Loans and bills payable Oct. 1, 1898, $49,000
Interest payable at International Trust Company, Boston.
Dividends
In 1894, 6 p. c; in 1894-95, 2^ p. c; in 1895-96, 4 p. O.
1896-97, 5's p. c; 1897-8, 6 p. c.
Road— Owns \Z^ miles of track; rails 45 and 50-lb* T.
Earnings-Year ending September 30, 1898, gross, $57,119; n t,
$21,086; interest, $7,572; taxes, $1,699 dividends, $6,000.
Date.
interest.
Outsland'g.
;
&
SPRINGFIELD, ILL
Population 1890 WAS 24,963; in 1880 was 19,743;
AND IN 1870 was 17,364.
SPRINGFIELD CONSOLIDATED
$750,000
100,000
Apr. 1,1911
Springfield City Ry. C
10
6 M-S
125.000
Mar. 1, 1910Ist M., lawful<
Subject to call at 105 after Mar. 1, 1895
money, $1,000.. c. L
Interest at Mercantile Trust Co., N.Y. City.
Springti'ldCon.Ry.
22
1893 textJ-D
418,000
June 1, 1933
Consol. mort. for Interest at Columbia Trust Co. (Trustee), Louisville, Ky. June, 1897, interest was paid.
$750,000 gold....
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, 1897, floating debt was $63,000, and
consol. 5 per ceut bond coupons due Dec. 1, 1897, were canceled and
Interest on bonds reduced for 1898 and 1899 to 3 per cent and for
1900 and 1901 to 4 per cent, the bondholders receiving 10-year 4 per
cent scrip for the interest scaled.
See V. 65, p. 730. In Oct., 1899,
floating debt had been reduced to $45,000.
Road— In Feb., 1899, owned 24 miles of trolley track in the City of
Springfield. Rails 40 and 60 lb. T.
Earnings— For 1898,gro8.s,$12l,432; net,$i7,101. For 1897,gross,
$105,123; net, $41,560.
Officers.- President, William Jarvis; Vice-President, B. Wilson;.
Treasurer and Gen. Man. C. K. Minarv. V. 65, p. 730 V. 67, p. 224.
StMi ($750,000 auth.)
People's Elec. Ist
M
1891
1890
in 1895 was 7,614; in 1890 was 8,747; in
and in 1870 was 3,9.52.
SPRINGFIELD, MASS.
Population in 1895 was ."^1,522; in 1890 was 44,179;
IN 1880 WAS 33,340, and in 1870 was 26,703.
SPRINGFIELD STREET RY.-A trolley road.
Organization.- Incorporated March
Bonds
aft.
1880 was 7,466;
&
ST.
al 2.->,000.
Bonds—
Date.
interest.
1896
M-N
8tt)ck ($150,00n)
Outetand'a. Maturity.
'....
$150,00(5
125,000 Nov. 1. 1916
.5k.
g., $125,000,
Nov. 1,'99 ($l,000)c. ) Int. at Infl Trust Co., Boston, Trustee.
Sinking fund ia $2,000 annually on and after Nov. 1. 1899.
Road— Owns 20 miles of track connecting Warren, Brookfleld, North
Brookfield, Spencer, etc.
Earnings- Year ending Sept. 30, 1898, gross, $48,441; net, $18,906taxes, int., etc., $11,618 balance, surplus, for year, $7,288.
President, N. S. Myrlck Secretary and Treasurer, G. A. Butman.
Ist M..
8. f. (
Date.
(subject to call
Apr. 1,1900)
Bonds
)
5,
Interest.
Text.
, qq^^^^ 4 Is A.-O.
1868.
Outstanding.
$1,458,400
300,000
\
(subject to call
Maturity:
Text.
April 1, 1910'
,
qq/, 412
A.-O.
200,000 April 1, 1916
Apr. 1,1911).... J ^°'*°
In years 1893 to 1899, inclusive, 8 per cent per annum.
Dividends—
Road.— Owns 66-995 miles (including 11-535 miles second track) of
main track and 4-39 miles of sidings; total Oct. 1,1898,66-995 miles.
Earnings.- For years ending Sept. 30 earnings have been
189'<
1899.
1899.
aross eam'gs .$626,030 $583,050 Bivs. pd. (8p.c.)$116 672 $93,336
Net.
19^,542 152,651 Bal. for year...
4,060
LHO^Tot.sur.8ep.30. 267,-^21 263,161
71.810
57,446
fntere-K';-;.-.:: \
)
aft.
AVARREN BROOKFIELD & SPENCER
road. Population tributary estimated
R Y.—A
trolley
6A-0
—
stock $1,200,000 ($100)
SPENCER, MASS.
RY.--
Organization-— A consolidation of the People's Electric Railway
and the Springfield City Railway, the latter incorporated Feb. 18, 1861,
Mal.urity.
Stock & Bonds— Miles. Date, interest On Island' g.
Stock-
Stock
Etc.
of
Miles. Date, interest. Chitstand'g, Maturity.
Stock
Bonds—
Stock
500,000
CoDSol. mort. &coll.)
1899 5.g. J-J $1,530,000 j"uiy,'i92^'
trust, $2,000,000, V Interest at Franklin Trust Co., Brooklyn,
gold ($1,000)... c*.tr) Trustee.
Of the $2,000,000 new bonds, $1,435,000 was to talce up outstanding
bonds of the old companies, $150,000 to be issued forthwith, and the
balance, $415,000, m.jy be issued for acquiring additional property or
for improvements or betterments.
Road System consists of 36 miles of trolley road, the cable
line having been changed to trolley. Rails 30 to 40 lb. TOfficers— President, Henry M. Richards; Secretary and General
Manager, D. L. Huntington; Treasurer, Robt. Hawes, all of Spokane.
:
Population
President, D. Glass; Secre-
June 30, 1897, stockholders paid
assessment of 10 p. c. in cash, or 40 p. c. in stock (which stock was resold), to provide for unpaid coupons, floating debt, etc., and bondholders had their interest reduced from 6 to 4 "« percent. Has absorbed by purchase the properties of the following companies: The
Edison Electric Illuminating Co., Spokane Street Railway Co., Spokane Electric Ry. Co., Falls City Land & Improvement Co., and the
Ross Park Street Ry. Co. In 1899 a new mortgage for $2,000,000 was
made, providing for the retirement of the bonds of the constituent
companies, and substantially all these old bonds have been taken up,a bonus having been offered to induce the exchange.
Organization, Etc.— Chartered
Stock
1919,
WATER POWER SYSTEM-
SPOKANE STREET RAILWAY,
tal of
Population
till
3%
track. Stock, $50,000.
Road Etc.—
par $100. 1st mortgage 68, M-S. $40,000, due March 1,1902; Trustee. Provident Trust Co. of Boston; Pres. and' Gen. Man., C. G. Reeder,
SIOUX CITY TRACTION-A trolley road.
same
Franchise runs
No incumbrances of any nature on the property.""
Road, Etc.— Owns 6 miles of trolley and large public pavilion.
"
Stock, $250,000.
—
in 1896 (school directory census) about 47,000; IH
WAS 37,806; and in 1880 was 7,366.
Population
trolley road.
in July, 1889.
SPOKANE & MONTROSE MOTOR RR.
miles of trolley
Operates
1890 was 1,952; in 1880 was 1.352.
Officers— President, Andrew Radel,
President. Gottfried Krueger, Newark, N
Paige, Bridgeport, Conn.
PARK TRANSIT.-A
Organization— Chartered
In Feb., 1899, extensions were proposed.
tarv and Treasurer, C. Glass.
SHELTON, CONN.
Population
CITY
85
aft.
.
Officers— President and Gen'l Manager, John Olmsted; Secretary,
Gideon Wells; Treasurer, Frederick Harris.— V. 66, p. 135, 762, 860.
;
;
SPRINGFIELD, MO.
SPOKANE, WASH.
Population 1890 was 19,922; and
in
1880 was 350
ARLINGTON HEIGHTS MOTOR
RY.-2
&
miles
Stock, $50,000. First mortgage 58. M.
8., t>anklin
Trust Co., Brooklyn, N. Y. trustee. Road leased to Washington Water
Power Co.
of trolley track.
Population 1890 was 21,850;
AND IN 1870 Was
in 1880
was
6,522;
5.555.
SPRINGFIELD TRACTION
CO.
Organization.— Successor in 1895 to Metropolitan Electric Ry,
Stock, .$400,000. Bonds $300,000. Operates 158 miles of track on^
12 miles of streets.
President, Charles M. Parker.
:
STREET KAILWAYS.
86
SPRINGFIELD, OHIO.
&
SPRINGFIELD RAIL'WAY—This
road is owned by
See statement of the latter under Phila-
the American Railways Co.
delphia.
SPRINGFIELD, VERMONT.
Population
in
1890 was 2,881; in 1880 was 3,144;
IN 1870 WAS 2,937.
SPRINGFIELD ELECTRIC RY.-A
Organization.— Length
of road, 8 miles,
troUey road.
from Springfield, Vt.
,
to
Outstand'g. Maturity,
Date.
interest.
Stock
Bonds—
Stock, $1,000,000
$1,000,000
1st mortgage, $1,000,000, 5 1896
1.000,000 Jan. 1, 1926
5 g. J-J
gold ($1,000)
o* (Int. at Farmers' L. &Tr. Co.. N. Y.. trustee.
Loans and bills payable Nov. 1, 1898, about $80,000.
Sinking fund after 5 years but bonds cannot be called.
Road— Owns 28 miles of track, including second track, 10*34
miles; sidings, 9-33; rails 65 to 70 lb. T rails and 90 lb. girder.
Yearly Earnings— Year ending June 30, 1898, gross, $123,259;
operating expenses about $75,000; fixed charges, $50,000; other interest about $4,000; def., about $5,741.— V. 69, p. 182.
LATEST Earnings-— For three months to Sept. 30, 1899: Gross,
$50,770; net, $29,906; charges, $13,903; surplus, $16,003, For three
months
Charlestown.N. H.
Capital stock, common, (auth.) $75,000; Issued $65,500; guaranteed
•6 per cent stock, $45,000; none issued.
1st mortgage for $100,000 of
5 per cent gold $500 and $1,000 coupon bonds dated Nov. 1, 1897,
<iueNov. 1, 1917. President, Adna Brown.— V. 64, p. 1043.
to Sept. 30, 1899,
$13,707; surplue, $13,263.
$92,240
5 F-A
75,000 Aug. 1, 1909
Istmortgage, $75,000 auth. 1886
143,837
July 1, 1999, biUs payable
Road— 11 25 miles of track. Electricity introduced in 1895.
Earnings—In year ending June 30, 1899, gross, $50,042; net, $13,630; taxes, $1,662; interest, $3,750. In 1897-98, gross, $48,561.
Officers.— President, Col. N. H. Heft, New Haven, Conn.; Secretary
L. Saoire.
STREATOR,
AND
$205,792
185,191
1897-8
Organization— Sold under
ELECTRIC CO.-
Fixed eh'g's, Betterm'ts.
$30,823
$25,000
178,435
25,000
Organization— Incorporated under the laws of the State of New
York December 11, 1894. Owns a through line from South Beach to
Holland Hook, where, by means of a ferry, it connects with the Consolidated Traction Co. of New Jersey, and with a belt line around St.
George and a spur up the Richmond Turnpike to Silver Lake. The
company also controls one-half of the $1,000,000 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.
&
Bonds—
Outstand'g.
Maturity.
$1,250,000
51895 5 g.,M-N
1,250,000 May 1, 1945
i«tM g., *i,.iOO,ouu, gu..
1st M., p. «1 s-iO OOO e-n
Trustee, Knickerbocker Trust Co., N. Y.
^
$750,000 May 1, 1946
1st consol. mort., $2,000,- J 1896 5 g., M-N
Trustee, Guaranty Trust Co. N. Y.
c* (
000, gold
Consols cover all franchises and property, and also, subject to the
rtrst mortgage of 1895, $260,000 stock of the N. Y. Investment & Improvement Co. now deposited with Knickerbocker Trust Co. as trustee
of first mortgage. Of the consols, $1,250,000 will be reserved for th<
retirement of the firsts, and the balance used for extensions.
Default— Default was made in payment of coupons due May 1,
1899. A majority of the 5 p. o. bonds has been deposited with the
BuU Committee.—V. 69, p. 386. 646.
Road Road from South Beach to Holland Hook, 10*7 miles; branch
to Richmond Ave., 6-36 miles; second track, 12-13 miles; total track.
29*23 miles; 90-lb. girder Cambria and 84-lb. girder Johnson steel rails
Yearly Earnings- Year ending June 30:
Date,
interest.
Stock, $1,250,000
,
—
OroKS.
1898-9
1897-8
$205,103
186.927
Latest Earnings-- 3 months
Net.
$51,297
27
foreclosure Oct. 7, 1898, to Reoeiver
who is now the sole owner of the
Road— Owns 5% miles of track. Rails 52 lb. girder. Road not in
operation, but expected to be re-opened by the spring of 1900.
No
olBcers.— V. 63, p. 970; V. 67, p. 843.
SUNBURY & NORTHUMBERLAND
Charges.
Belterm'tt*.
$100,000
16,666
$18,356
114,044
to Sept. 30:
Gross, $73,129; net, $29,264
Gross, 76,798; net, 38,793
President, J. H. Swinarton, West New Brighton, N. T.;
Officers—
Sec. and Treas., W. E. Findley, 80 Broadway, N. Y.— V. 65, p. 1222; V.
69, p. 386, 646.
1899
1898
STATEN ISLAND MIDLAND RR.-A troUey road.
Organization— Chartered Dec. 1, 1890. On Aug, 19, 1895, reorganized without change of name. In May, 1898, acquired the line of
the Staten Island Traction Co., and was merged with it.
Judgments were filed in August, 1899, by Richard and Robert
WetheriU of Chester, Pa., for $178,189 for advances made.
EL-RY.
Organization— Chartered June 24, 1885, as Sunbury & Northumberand Street Railway. Reorganized May 28, 1892, after judicial sale.
Miles. Date, interest. Outstand'g. Maturity.
Stock & Bonds—
Stock, $125,000 (par $50)
$125,000
0*3-2 1892 6 g. J-J
First mortgage, gold
65,000
Loans (unsecured) J ulyl,'98
24,600
Road—Owns 3-9 miles of troUey in Sunbury and Northumberland.
Earnings—Foryear 1897-8 gross, $19,354; net,$3,959; Interest and
taxes, $4,013. Pres., Daniel CooUdge Sec. and Treas., S. P. WolvertoL
;
SUPERIOR, WIS.— See
SYRACUSE,
Population 1890 was 88,143;
STATEN ISLAND ELECTRIC RR. -Trolley.
Stock
1.486.
SUNBURY, PA.
$40,521
59,219
President, Samuel Thomas; Vice-President and Treasurer, J. H.
Swlnarton; Sec, W. E. Findley, 80 Broadway, N. Y.— OflHce, West New
Brighton, N. Y.— V. 66, p. 857.
1898-9...
WAS
IN 1870
Population 1890 was 5,930; in 1880 was 4,077;
in 1870 was 3,131, and in 1898 (estimated) 10,000.
December, 1897, increased its
stock from $500,000 to $1,500,000, and purchased the stock of the
Staten Island Electric RR., one of the considerations for the sale being
the guaranty of the latter's 1st mortgage bonds, principal and interest. Bonds are $500,000 50-year 1st mort. gold 5s, dated June 1,
1897, $1,000 each, int. J-D. at Guaranty Trust Co., N.Y. Central
Trust Co., N. Y., trustee.
Earnings- Year ending June 30.
Net.
ILL.
C. C. Barr, the principal bondholder,
property.—V. 67, p. 843.
N. Y.
in
Gross.
10,282.
STREATOR RAILMTAY-A troUey road.
;
I.
was
Population 1890 was 11,414; in 1880 was 5,157
Population 1890 was 51,693 in 1880 was 38,991
in 1870 WAS 33,029.
OrgANIZATION—This company
in 1880
electric road.
Stock, $200,000 ($50)
NEW YORK & STATEN
was 14,424;
&
Organization— Incorporated Feb. 24, 1886. Control was obtained
by the New York New Haven & Hartford RR. In 1895,
Maturity.
Date, interest. Oiitstand'g.
STOCK) Bonds Etc.—
STATEN ISLAND,
in 1890
Stock
Bonds—Stock (?); 1st M. 6s, A-O, $150,000; due 1917;
trustee, California Safe Deposit & Trust Co. Owns 12 miles of track.
Officers— President, Joseph Fyfe; Secretary, H. J. Corcoran.
Population 1890 was 15,685; in 1880 was 11,297;
AND IN 1870 WAS 9,714.
«nd Treasurer, W.
charges,
STOCKTON ELECTRIC RR.-A trolley road.
STAMFORD, CONN.
RR.-An
net, $26,970;
STOCKTON, GAL.
Population
STAMFORD STREET
gross, $58,977;
AND
West Superior.
N. Y.
in
1880 was 51,792;
in 1870 w^as 43.051.
SYRACUSE RAPID TRANSIT RY.-
OrgANIZATION—Incorporated May 21, 1896, per plan In V. 62, p. 644.
In 1899 acquired East Side Traction.
Date,
interest.
Authorized.
Maturity.
Stock
Bonds—
Common stock
$2,750,000
Preferred 6 p. cnon- cum
1,250,000
People's RR., 1st mtg
1891
5 J-J
750,000 Jan.' i', 192'i
5g.M-S
1896
2,500,000 Mar. 1,1946
^°"'(£bM!'.'!'?^'.f!^c-* \
Guaranty Trust Co., N. Y., trustee.
Loanseo.by 2d M. bonds. 1898
200,000
1903
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. In
Oct., 1898, obtained temporary loan from directors of $200,000 for
Improvements, secured by 2d mortgage bonds as collateral.
Earnings— Twelve months ending June 30:
Orots.
Net.
Other inc. Charges.
Stirphis.
1898-99
$481,522 $194,537 $3,880 $218,452 def.$2(),035
1897-98
451,952
200,638
8,660
176.756
32,542
&
Three months to Sept. 30
Cross.
Net.
Other inc.
Charges.
Surplus.
1899
$122,634
$57,117
$986
$51,349
$6,754
1898
114,789
847
43,925
51,261
8,183
For year ending June 30, 1897, net, $178,074.
Road—The length of the lines is about 65 miles, In Jan., 1899, extension to East Syracuse reported to be proposed.
Officers— President, W. P Gannon; VicePres't, Ira A. McCormaok;
Secretary and Treasurer, T. H. Conderman.— V. 63, p. 525, 774.
EAST SIDE TRACTION -Successor
the Syracuse
87.
in Jan., 1899, to
Ry.. foreclosured on Dec. 29, 1898. V. 68, p.
by Syracuse Rapid Transit.
& East Side
The road
is
owned
TACOMA, V/ASH.
Population 1890 was 36.006;
TACOMA
RY- &
in
1880 was 1,098.
POWER.
Organization—Incorporated in Feb.. 1899, In New Jersey, "to furnish electricity from water power to the factories and street railroads
of Tacoma." The new company took over aU the street roads in
Tacoma. Incorporators: C. H. Coster. Bird 8. Coler, T, JeflTerson
Coolldge. Jr., Samuel Carr, S. Endlcott Peabody, Gordon Abbott,
Charles E. Cotting of Boston and others.
STEEET KAILWAYS.
Stock & Bonds—
Com. par $100. $2,000,000
M.,g., ($1.000)$l. 500.000
Date.
not redeem before mat.
Inlertst.
Maturity.
Oritslnntf'g.
$2,000,000
1S99 5gA..&0. 1,100,000 Ap. 1, 1929
Old Colony Trust, Boat., trustee.
Int. at
!*)
S
Road— Owns 5175
miles of track.
Officers— President, Gordon Abbott, Boston; Sec., I. S. Keeler. 44
Broad, New York; Treas., R. T. Paine. Boston.- V. 68, p. 284, 873; V.
69, p. 704.
87
TOLEDO & MAUMEE VALLEY
RY.-Trolley.
Organization, Etc.— Chartered in 1894 to build a street railway
from Toledo to Perrysburg and Maumee. Capital stock i.s $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 tralHo agreement; 56-lb.
rail
14 cars. In November, 18it», was constructing new power
plant and expected it to be in operation by Jan. 1, 1900, intentions
are to utilize water power 9 months of the year. The Toledo Perrysburg & Fremont Electric RR. forms an extension.
Officers— Pres., a. K. Detwller; Vice-Pree., G. G. Motzger; Sec, G.
K.Detwiler; M'g'r and Pur. Agent, C. A. Denman, 106 Summit St.
;
;
TARENTUM,
PA.
Population 1890 was 4,627; in 1880 was 1,245;
and in 1870 was 944.
TARENTUM TRACTION.-A
Chartered
1890. Stock
trolley road.
$50,000; par $50 Ist M,
$100,000. gold, 1894, 6g., J -D. due Deo. 1, 1924, but subject to call
Fidelity Title A Trust of Pi' tsburg Is trustee.
after Dec. 1, 1904.
Road- -4'7 miles of track and ^ mile of sldin; in Tarentum and suburbs. KaUs 68 lb. girder. Year ending June 0, 1898, gross, $19,928;
net, $5,780; interest and taxes, $6,924: balance, def. for year, $1,144
President, C. G. Hussey; Sec, J. B. Cranford; Treas., Frank R. Dravo.
in
Organization—
;
:
TERRE HAUTE,
is
successor to the Terre Haute Electric Street Rail-
way, sold at foreclosure June 21, 1899, and bought by a syndicate
represented by Stone & Webster, of Boston. The same parties also
bought the Citizens' Electric Light »fc Power plants.
Stock
&
Bonds—
Dale,
Outstand'g.
interest.
Stock $1.000,000
i:
MONROE RY.—
To be a trolley road.
<&,
In November, 1>'99, a reorganization was to take place.
Date interest. Outstand'g Maturity.
Stock
Bonds—
none Nov.'99
Stock, $450,000 (par $100)
June 1,' 18
1898
IstM g„ <R4'iO 000 r<fel OOO^ i jjj^. ^^ 5g. J. -D. Tr.$450,000Y., Trustee
ist M., ff SJ,4&0,000 ($1,000)..
Knick.
Co., N.
^
Road—Toledo to Monroe. 23^2 miles, under construction. Projected
to Detroit; also to Dundee, Mich. Rails, 70-lb. T; stone ballast.
Secretary, P. N. Jacobson, Monroe, Mich.
Maturity,
TOPEKA, KAN.
(?)
1929
ion Trust Co. of Indianapolis and
fl899
5
Bonds, $1,500,000 ...< Trustees, U
Boston Safe Deposit Co.
(
ROAD-Operates 23 miles of track.
(?)
Officers— President, W. R. McKeen; Vice-President, J. G. McNutt;
Secretary. John T. Beasley; Treasurer, Guy E. Tripp.- V. 68, p. 333,
929, 1026, 1078, 1227; V. 69, p. 29, 334, 907.
Population 1890 was 31,007; in 1880 was 15,452;
AND IN 1870 WAS 5.790.
TOPEKA
Stock
&
RAILWAY-Mostly trolley.
Bonds—
Date.
THOMPSONVILLE, CONN.
in 1890
was
4.663; in 1880
was
TopekaRy.
1st
1892
M.
Road— Owns
3,794.
ENFIELD & LONGMEADOW ELECTRIC
Miles of track, 8'36.
Stock, $500,000; outstanding, $116,700 par, $100. Bonds, $100,000
20-year coup, fts, due Nov. 1, 1916, interest M&N at New Haven Trust
Co., New Haven, Conn., trustee; outstanding, $100,000. For 12 mos.
ending June 30, 1899, gross, $24,143; net, $5,371; Interest, $5,000;
taxes, $947.
President, Chas. E. Graham; Treas. and Man., Lyman A. Upson,
Thompsonville, Conn.
TOLEDO, OHIO.
Population 1890 was 81,434; in 1880 was 50,137;
AND IN 1870 was 31.584.
TOLEDO TRACTION COMPANY-A trolley road.
Organization— Incorporated in May, 1895. On July 1, 1896
acquired by consolidation all the property, rights and franchises, etc.,
of all the street railways in the city; also controls the Toledo Consolidated Electric Co. .which owns and controls practically all the electric
lighting and power business in the city, and the underground conduits.
Date, interest. Outstand'g.
Maturity.
Stock
Bonds—
Common stock, par $100
$4,000,000
Pref.,6%,non-cum.,par$100
6 p. c.
2,000,000
Tol. Con. St. 1st M., $1,000.. 1885
6 J-J
300,000 Jan. 1, 1900
2d mortgage, ($500)
1887
6 J-J
114,000 Jan. 1, 1900
Interest at Blair & Co., 33 WaU St., N. Y.
&
5 J-J
1,086,000
July
1,
1909
'^°mmort'?3'S*«omh892
.^
.
:
,
1898-99
1897-98
$1,006,384
$460,028
$283,119
$176,909
921,998
367,455
266,140
101,315
Road— Track, 9780 miles. Cars (closed, 124; open, 110; trailers, 39),
273.
Officers— President, Albion E. Lang, Toledo; Vice-President, Thos.
H. McLean, Toledo; Sec, Barton Smith, Toledo; Treas., John B. Dennis,
New York.— V. 63, p. 1116; V. 69, p. 29.
TOLEDO BOWLING GREEN & FREMONT
RAILAVAY— A
Stock,
$500,000; outstanding,
$160,000; par, $100. No bonds in November, 1899. Miles of track.
25, extending from Perrysburg to MermlU, also 14 miles additional
operated Jointly with Toledo & Maumee Valley Ry. Secretary, W. B
Brockway.
trolley
road.
M-S
Kennedy Tod&Co.,N.Y.
City.
Manhattan Trust Co., N. Y. City.
laid with 35 to 52 pound rails.
is
33^3 miles of trolley,
C. C.
Baker; Sec'y. J. G. Slonecker
Population 1895 was 174,309; in 1890 was 160,141;
AND
IN 1880
WAS 75.110
THE TORONTO RAIL^WAY-A trolley road.
Organization—Incorporated in 1892 and acquired by purchase the
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 importame), a privilege which has since
been ratified by act of the legislature of Ontario.
In September, 1896, it was reported that the Toronto Ry., in connection with the Montreal St. Ry., had leased the Birmingham Tramways
(4318 miles of track operated by horses) for 21 rears at an annual
rental of £5,000. Electricity is to be introduced.
Payments to the Oity—Aa to annual payments to the city, see Supplement of May, 1898.
Date.
interest.
Outstand'g. Last div., etc.
Bonds—
Stock
Stock (par $100)
$6,000,000 f.p. See text.
&
Toronto
St.
1881
Ry. debens.
6
J-J
600,000
July 1,1914
l8tM.,$4,550,000$&£< 1891
$35,000
p.
m
c*
(
4i2g.1I
2,200,000 Aug. 31, 1921
T'stees, G. A. Cox, To'nto, & R. B. Angus, Mont.
H Interest and principal on sterling bonds payable Feb. 28 and Aug.
31 at Bank of Scotland, Lothbury, London, E. C.
Dividends—In July, 1895, 1% per cent; in 1896, Jan., 1^ per cent
July, 1% per cent; in 1897, 3^2 per cent; in 1898, 4 per cent; since, (1)
Sinking Fund The company is obliged to redeem 5 per cent of Its
total bond issue by drawings at par yearly from Aug. 31, 1911 to 1920.
Bonds—The first mortgage bonds cover the entire property, subject to
payments 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.
Earnings- For fiscal year ending Dec. 31.
Gross.
Interest. Amt. paid city. Bat.,8urpNet.
1898.. .$1,210,618
$631,561
1897... 1,077.613
551,811
....
1896...
997.273
489,512
128,564
282.026
78.922
1895...
992,801
292,692
502.886
131,997
78,197
From July 1 to Oct. 31, 1899, gross. $489,193, against $452,274 in
1898.
Officers — President, William Mackenzie; Vice-President. James
Ross; Manager, E. H. Keating; Secretary and Treasurer. J. C. Grace.
—
5 g. F-A
700.000 Feb. 1, 1912
Interest at Blair & Co., 33 Wall St., N. Y.
.
$lio"o „!'.
o* 3
Tol. Traction consoL M.. )
1896 5 g. J&J 3,465,000 July 1, 1909
$6,000,000g., ($1,000)0* S Interest at Guaranty Tr. Co., N.Y.. t>ustee.
Bonds— Ol the new consolidated mortgage 5s of 1896 for $6,000,000,
$2,200,000 are retained to retire divisional prior lien bonds when
due. The mortgage covers all the railway, subject to the divisional Hens of $2,200,000, and Is a first Uen on the new Central
Station and other rea'ty. The bonds are further secured by the deposit
of $1,000,000 par value of let mortgage bonds and entire capital stock
of Toledo Consolidated Electric Co. The bonds of this issue reserved
for future extensions can be issued only at the rate of 75 per cent of
the actual cost of such improvements.
Report— Year ending June 30 the earnings have been as follows
Gross.
Net
Charges.
Bat sur.
.
Trustee
Outstanding.
Maturity.
$1,250,000 f.p
1,100,000 May 1,1922,
TORONTO, CANADA.
11, 1895.
;
'^tusoTm!n''^lnrr^c7l 1^89
4iflg.
Interest at J.
c
Officers— President and Treas'r,
RY.— A trolley road.
Organization— Incorporated Feb.
Interest.
Stock, $1,250,000 ($100).
($1,100,000) g. ($1,000)
Population
PERRYSBURG
trolley road.
&
TERRE HAUTE ELECTRIC COcompany
&
Incorporated Feb., 1894.
Stock, $150,000. Bonds, 1st mortgage 5-year Ss, $300,000, dated
March 1, 1895, interest M-S, $1,000 each; Metropolitan Trust Co.,
New York, trustee. President and General Manager, J. K. Tillston;.
Secretary and Treasurer. Frank M. Ohl.
TOLEDO
IND.
Population 1890 was 30,217; in 1880 was 26,042;
and in 1870 was 16.103.
This
TOLEDO MAUMEE
ELECTRIC RR.—A
TORRINGTON, CONN.
Population
in
1899 (est.). 9.000; in 1890 was 6,048:
IN 1880 WAS 3,327.
TORRINGTON & A\^INCHESTER
ST-
RY-
OrqANIZATION— Incorporated In 1897 under special act. Operated
from July 1, 1897. Serves a population of about 20,000.
In July, 1899, the Connecticut shareholders bought out the interests
of the Boston shareholders, and it was reported that changes in the
condition and operation of the road are contemplated.
:
STREET RAILWAYS.
'88
O'ltslandmg. Maturity.
Date. Interest.
Stock Sc Bonds—
$200,000f.p
Stock. $1 ,000.000 (par $100)
Deo.1,'17
150.000
mortRage, $150,000. J 1897 5 g. J-D
l8t
00.
.0* I Int.at HurlburtNat. Bk .Wiusted, Conn.
gold
Trustee of the mortgage Is State Treasurer of Connecticut.
Road—Torrington to Wiusted, 13 miles of trolley, of which 10 miles
built on private right-of-way. Equipped with 56-lb. 4 iu.T rails.
Earnings— tor year euding Juue 30, 1899, gross, $4 0,330; net,
:$18,6G3; interest, $8,080; taxes, $2,165; dividends, $5,000; balance,
$3,418.
fiurplu.*,
Officers— President, James Alldis, Torrington; Vice-Prest., George
B Howard, Torr ngton; Secretary & Treasurer, S A. Herman, Winifited.
General ofBces, Winsted, Conn.
TRENTON,
UTICA,
FRANKFORT & UTICA ST. R Y.-To be a from
trolley road.
Frank1895, Road to extend
fort to Utica, 7 miles, with extension to Herkimer, there connecting
with the proposed Little Falls & Herkimer.
To be built in 1899.
On August 8, 189», obtained perujission from the Railroad Commissioners to change system to overhead iroUey. Stock, $70,000; paid
in, .$7,000
President, W. D. Lansing, Little Falls; Sec, John D. Henderson, Herkimer; Treas., John Giblin, Ilion.
Organization— Chartered Feb.
6,
UTICA BELT LINE STREET RR. -Trolley.
N.
J.
18, 1886, and owns the principal
and adjoining villages. It leases and operates
& Binghamton Railroad at a rental of $15,000,
the lease being dated 1886 and running 99 years. In February, 1897,
the stockholders voted to lease the railroad and parks of the Utioa
Suburban Ry. for 99 years rental interest on its 5 p. o. bonds. Extei sion of the Utica Suburban Ry. from Genesee Street, New Hartford, to Forest Hill Cemetery, in operation and projected to Rome.
Organization— Chartered Juue
street car lines in Utica
a portion of the Clinton
POPOLATION 1890 WAS 57,458; IN 1880 was 29,910:
AND IN 1870 WAS 22,874.
NE"WTOWN & DELA^VARE RIVER TRAC-
TION COMPANY—To be a trolley road.
Organization, Etc. —A reorganization in November, 1897. of the
East Penn. Ti-action. Compauy intended to build between Trenton,
U. J., and Yardley, Newtown, Morrisville and Doylestown, etc., J'a.
President, Lewis A. Conwell. Office, No. 1345 Arch Street, Philadel«>hla.— V. 65, p. 925.
NEW YORK & PHILADELPHIA TRACTION
had
On
Organization—
outJan. 1, 1899,
standing $25,000 of full-paid capital stock; bonds, none; other debts,
$180,000. In Oct., 1898, control acquired and since operated in the
Interest of the Brunswick Traction Co. In Jan.. 1899, the only line
in operation was between Bound Brook and Raritan, 7 miles. In
1893, obtained additional franchise to build % mile line in
iDeo
Bound Brook. President, Gottfried Krueaer; Vice-President, J. Blair
JUacAfee; Sec, Edward H. Radel. Office, New Brunswick, N. J.— V. 59,
Chartered July, 1894.
,
;
Stock & Bonds—
Com. ($150,000) ($100)
Miles.
Date.
TRENTON STREET RAILWAY-See
Interest.
Maturity.
Outs'd'g.
$1.50,000f.p
Pref. ($150,000) ($100)
Ist M. ($500,000. gold
2d M. ($200,000) gold, c
Utica Suburban Ist vf. ^
gold, $50,000, guar. S-
1889
1891
5
5
M-N
5J-J
J- J
Of. p
500,000 Nov. 1, '39
200,000 Jan.1,1931
150,0
1937
50,000
g. M-S
($500 each)
)
Interest at N. Y. Security & Trust Co. (trustee), N. Y. City
S/ocA;- Preferred stock is non-cumulative and only entitled to dividends when earned as follows: For two years from May Ist, 1896, at
5 per cent and thereafter at 6 per cent.
Bonds 2nd M. bonds draw 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.
Miles,
Lines Owned.
Miles.
Road Lines Leased.
1-75 Main line
Yorkville to Upper Mills
6-38
Main street to New Hartford.. 3-80 Branch
160
1897 5
—
—
p, 115; V. 61, p. 113.
Power & Traneportaiion," under
N. Y.
Population 1890 was 44,001; in 1880 was 33,914;
AND in 1870 was 28,804.
i
I
"United
to White,si)oro....3-7'.»
Philadelphia.
I
5-00
22-23
Sidings (owned and leased
Total of all
Annual Report.- For years ending June 30 earnings have been
1898-9.
1897-8.
1898-9.
1897-8.
Gross
$2(16,731 $192,836 Int.. rent Is and
$5f>,915 $52,147
Net
taxes.
6b,659
51,613
Other income.
583 Baiai ce, surplus 11,131
387
49
Officers President, John W. Boyle Secretary, Edward Bushinger;
Treasurer, Chas. W. Mather.— V. 63, p. 503; V. 65, p. 568.
1
TRENTON TRACTION.-
Supposed to own stock in the Trenton Street Ry.
Traction stock, $500,000; paid ln,$150,315; par, $100.
ORGanization
SO, p. 44.
TROY,
V.
—
N. Y.
POPOLATION 1890 WAS 60,956;
AND
in
in 1880 WAS 56,747;
1870 WAS 46,421.
;
TROY CITY RAIL WAY-Mostly
UTICA &
electric.
Consolidation with tlie Albany Railway is being arranged. It is
stated that the new company will be called the United Traction Company of Troy and Albany, with $6,000,000 stock and $6,000,000
bonds.
Organization- Chartered Jan. 31, 1866. Controls by lease the Troy
Lansingburg RR.. which in turn leases the following: Troy & Cohoes
(Ry., Lansingburg & Cohoes Ry., Waterford & Cohoes Cos.
interest.
Outstand'g
Date.
Maturity.
Stock
Bonds.
Quar.
Stock ($100)
5
See text.
$2,000,000
A-O
5
Apr. 1,1898
Troy & Lansingburg ) 1888
37,000
consol. mortgage.. ) Interest at Mutual National Bank, Trov.
Troy &Lansb. mort... 1888
A-O
5
42,000
Apr. 1, 1903
Troy City Istcon.M.,) 1892
5g. A-O
1,921,000
Oct. 1,1942
g.,$2,000,000..c*&r 5 Interest paid by Trustee, '.ntral Trust Co., N.Y.
I897
Debenture (D)
5 Q-F
200,000
May 1. 1901
(E)
1899
5 Q-F
200,000
May 1, 1904
In 1896 issued the debentures for floating debt, etc.
The " Capital stock leased roads" includes Troy & Cohoes stock
$50,000, dividends under lease 7 p. c. yearly Lansingburg & Cohoes,
$15,000, dividends under lease, 7 p. c. yearly Troy & Lansingburg,
$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— Dividends of 5 per cent per annum to Dec, 1896, inclusive; in 1897, Sept., 1 p. c; Dec, 1 p. c; in 1898, Mar., 1 p. c; June
1 p. c; Sept., 1 p. c; checks are mailed. The December, 1898, and
March, 1899, dividends were passed pending adjustment of damage
olaims from accident on Sept. 5. 1898.
Road Operates track in Troy, extending to Lansingburg, Green
Island, Cohoes and Waterford.
Miles. Tota> tracks owned
Length of road owned.
21-59
10'15
Main line (single track)..
Length, of lines leased
Miles.
A
—
&
MOHAWK RAILROAD-
Control changed hands May, 18i'9, and road to be extended to a
connection with the Frankfort & Utica.
STOCK) Bonds, Etc.— Miles. Date. Interest. Outstand'a. Maturity.
Stock, $250,000, par $50
$52,100'
1st mortgage, gold
1890 5 g. J-J
75.000 Julyl,1910
2d mortgage, $35.(100
1896 6M-N
20,000 Nov.1,1910
Bills payable June 30, '99
29,017
Road— Owns from Genesee Street to Utica Park, 2% miles; sidings
0*33 miles; total, 3-08 miles; al.so parks valued at $45,994.
Earnings— For year ending June 30, 1899, gross, $25,68-=>; net,
$6,753; fixed charges, $6,473; balance, sur., $280. For year 1897-98,
gross, $26,423; net, $2,216; flxed charges, $7,235; balance, def.,
$5,019.
Officers-President, James F. Mann; Secretary, William E. Lewis.
<
WACO, TEXAS
Population 1890 was 13,067;
and
;
;
;
TroytoCohoes
•51
372
Lansingburg to Cohoes
3-52
1-1
7-41 Waterford to ohoes
1-88
Wgt. of railperyd.,63i2to93'^lbs. Second track and sidings
3'00
Annual Report.— Annual reports show. (See V. 67, p. 951):
Vr. end. June 30. 1899
1898.
1899.
1898
<iro88earu'g8.. $560,78 1 $526,066 Dividends
$0,000
$80,000
I
I
Net
23,848
Other income..
6.924
247,679 Bal., sur. year 79,608
30,107
4,744 Total surplus
142,3i6
Int., taxes, etc. 145,164
June 30
60,786
Latest Earnings— For 3 months ending Sept. 30, 1899: Gross,
$162,082 net, $77,860 int., taxes, etc., $3*,6h7; bal., sur., $43,l7;-».
;
;
Pres., C. CleniiuHliaw
;
Sec and Treas,
J. J.
Hagen.— V.
67, p.
951.
CITIZENS' RAILV/AY.-A trolley road.
Date, interest. Outstand'g.
& Bonds —
Stock
Maturity
$350,000
1st mortgage, currency...
1890 6 A-O
350,000
Oct. 1, 1910
Trustee is St. Louis Trust Company of St. Louis, Mo.
Road Operates about 19 mUes of track. V. 66, p 84.
Officers— President and General Manager, H. C. Scott.—V. 66, p. 84.
—
TUSCALOOSA, ALA.
4,215; in 1880
was
2,418.
TUSCALOOSA BELT RAILWAY-A steam road.
Organization— Chartered July
^VASHINGTON,
D. C.
Population 1890 was 188,932 in 1880 was 147,293;
and in 1870 was 109.199.
;
WASHINOTON TRACTION & ELECTRICThis company controls
principal
Organization—
Washington and the two
the
street railroads
Electric Light Companies, which alone
are operating, or authorized to operate, in the national capital. The
railroad companies have 11 miles of track (all un^ler electric traction or in prooessof conversion), while theElectiic Light Companies
in
of subways with about 400 miles of duct, besides
miles of overhead wires. The following shows the t" tal outstanding stock of the companies controlled and the amount of
the shares acquired in each Instance by the Washington Traction &
have 72 miles
many
Electric.
V. 69, p. 383, 851.
Population 1890 was
in 1880 was 7,295;
1870 was 3,008.
Stock
—
Branches
Union Depot
Second track.
in
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.
Operates about 6 niiles road. President, W. C. Jeinison; Sec. and
Treas., John T. Cochran; Gen. Man., J. W. Woolfolk, 15 Wall St.
5,
Capital
yame of Company—
Metropolitan
Mileage.
RR
24-00 $1,000,000
4OO,000
14-00
2,0i O.Oi
32-00
Columbia Railway
Anacorttiit & Potomac
Geonetown &
Teiinallytown
«ri.ihtwood Railway
Washington Woodsidn
Glm
...
Wasliington
Washiu^^ton
&
& Great Falls
& RockN ille
Total Railroads
stork.
Shares
Total
shares.
Aro'wd
20,000
18.392
8.0<'0
8.<'O0
39,725
3,078
2,105
978
834
8 80
11-03
200.0i>0
108,500
40,000
4,000
2,170
3-00
11-00
25,000
1,000
13tO
50,000
1,000
1,000
116-83
$3,870,000
77,035
74,112
Forest
s<6,.«>00
865
STREET RAILWAYS.
—
89
CAPITAL. TRACTION.—An underground trolley road.
Slock.
No. Shares.
Acq'il,
$1,086,000
1.00 ,000
10.860
10,000
10.454
10,000
Organization- In the fall of 1895 absorl)ed the Washington &
Georgetown and Rock Creek companies. See V. 61, p. 283, 328, 588.
$2,086,000
20,860
20.454
Outstanding.
Maturity.
Date. Interest.
Bonds—
Stock
Text.
Seete>t.
Stk,$12,000,000 ($100)
$12,000,000
Jan. 1, 1905
1898
5 J-J
IstM., $1,000.000
(?)
Id Nov., 1899, a committee was appointed to formulate a plan for a
new mortgage to secure $1,500,000 of 4 p. o. bonds, of which $500,000"
to he reserved for extensions and $1,000,000 to be used in taking upthe floating indebtedness.
Dividends— \n 1895, 1 p. c; in 1896, 3»2P.c.; in 1897, July, 60 cent*
per chare; Oct. 1,65 cents; in 1898, July 1, 75 cents; Oct. 1, 75 cents;
'n 1899, Jan., 75 cents; Apr., 75 cents; July, 75 cents; Oct., 75 cents.
Road— Underground trolley (since Apr.'98) double track, 1798 miles.
1897.
IS9H.
1896.
Earnings$993,177
$908,839
Gross receipts
$1,036,165
202,042
336,637
Net earnings
379,911
none
22.597
none
Interest charges
314,040
202,042
379,911
Balance for dividends
209,958
269,961
Dividends paid
419,873
Officers—President, G. T. Dunlop; Vice-President, C. C. Glover;
Secretary and Treasurer, C. M. Koones; Chief Engineer and Superintendent, D. S. Carll. General office, Washington.- V. 66, p. 38; V. 69,.
p. 954.
Lighting
Unitea States Electric Lighting
Potomac Electric Power
Total lighting
$"^.956,000
Total all companies
97,895
94,566
In May, 1W99, the total amount of bonds outstanding on the above
properties was $7,885,000, of which the Washington Traction & Electric owns $1,327,000.
The syndicate also has the right to purchase the stock of the Washington Automobile Co.
Stock and Bonds— The consolidated company has $12,000,000 of
stock, of which $10,000,000 lias been Issued (the remaining $2,000,000
to be held for future uses of the company), and has authorized an issue
of $20,000,000 collateral trust bonds. Of the bond i.ssuc, $1,442,000
are to be held for the future uses of the company, and $6,558,000 are
reserved to retire out.-tauding bonds of constituent companies. The
remaining $12,( 00,000 have been issued, and $7,750,000 of the same
were offered for public subscription In June by Messrs. Brown Brothers
& Co., the United States Mortgage & Trust Co., and Kountze Bros.
Outstand'p.
Date.
Rate.
Maturity.
Stock &, Bonds—
Stock (auth ,? 12.010,000)
$10,000,000
Istmort. collateral trust, S 1899 41^ g. J -D- 12,000,000 June 1, 1949
jjold, $20,000,1-00
I Int. atU. 8. Mtg. &Trust ( o., N. Y., trustee.
Bonds may be redeemed at 107Hi and accrued interest on 5 months'
note.s.
&
CITY &
SUBURBAN
RAIL^WAY.-
Earnings.- For the year ending July 1, 1900, gross earnings of the
railway and lighting properties combined are estimated at $2,300,000
and the net e.irnings at $1,1^50,000. Intere-t on the boods of the sub
Bldiary companlfs is calculated at $347 480 and on the traction company bonds at $540 000. Earnings ia following years are expected to
OrQANIZATION, Etc.— Chartered in July, 1898, by Act of Congress,
Purchased
as successor of Eckingtou & Soldiers' Home Railway.
Maryland & Washington franchise and also that of former Col. &
Maryland from the District Line to Laurel.—V. 66, p. 1000. See also
full statement in V. 67, p. 370.
increase heavily.
Officers— President, Col. George Truesdell Vice-President, Charles
A. Lieb Treasurer, H. D. Mirick
Secietary, James B. Lackey.— V.
68, p. 1027, 1134, 1184, 1228; V. 69, p. 1013.
Date, interest. Outstand'g. Maturity.
Bonds
Stock
F-A $1,750,000
Stock, $1,750,000; par, $50
1st Mort, $1,750,000, gold) 1898 5g.F-A 1,500,000 Aug. 1, 1948
c* $Int. at Bait. Trust & Guar. Co., Trustee.
(S1,000 each)
Bonds, Etc.— The bonds have a sinking fund of $25,000 yearly
from any surplus remaining after payment of 6 per cent on the stock,,
but cannot be called. Interest has been deposited with the trusteecovering the period of construction, including change of motive power.
Road— Owns and operates about 3086 miles of track. In 1899'
;
;
;
ANACOSTIA & POTOMAC RIVER RR.—
The Washington Traction & Electric owns
(1)
39,725 out of the
40,000 shares of stock.
Stock
&
Bonds—
Miles. Date, interest. Outstand'g. Maturity.
Stock au.,$2,uOO,000($50)
$2,000,000
200,000 Oct. 1,1931
Subject to call after 1901
^
2d M., $100,000, currency
1892 6 J100,000
1912
3d M., $.=S0.000. ...
1895 6%
50.000
New M. $3,000,000 g...c* <
A-O 2.500,000 Apr.l, '48
1899 5g
($l.«.iOO)
5 Int. at Baltimore Tr. & Guar. Co., Trustee.
—V. 68, p. 426, 773, 824.
istM «-700 000?old c*510"*0
isiJ].,!t,.^00,000,gold..c
(2)
1891
6gA-0
»
BRIGHTWOOD EATLWAY.—A trolley road.
The Wa«higton Traction & Electric owns 2,105 out of the 2,170
shares of stock.
Stock & Bonds—
par$50
IstM
Miles track. Date. Interest. Outstand'g. Maturity.
Stock,
$108,500
1892 6A-0 250,000 Oct. 1,1912
1893 6 M-N 100,000 May 1.1913
In Dec, 1898, Hied two new mortgages to
secure $250,000 and
$500,000 5 per cent bonds respectively, to refund, it was thought, the
existing funded debt, all bearing 6 per cent interest.— V. 67. p. 1355.
12
General mtges
(3)
12
COLUMBIA RAILWAY.—A cable road.
The Washington Traction & Electric owns
Stock
&
Bonds—
Stock ($400,000) ($50)
1st M. ($500,000) cur.
Not subject to call.c.
Ext. M., $500,000. g.
Not subject to call.c.
V. 67,p.7«8; V. 68,
—
Miles.
all
1894 6 A-O
500,000 Oct.1,1914
American Sec. & Trust Co., trustee.
1898 5g.A-0
Oct.1,1914
(n
Interest at Amer. Sec. & Trust Co., trustee.
6
Int. at
p,
572,619,773.
(4) GEORGETOWN & TENALLYTOWN RY.—The Washington
Traction & Electric owns 3,078 of the 4,000 shares of stock.
Stock
&
Bonds—
Date.
interest.
1894
1896
6
Stock, par $50
Istmortgage
2d mortgage
(5)
6
$200,000
70,000
30,000
METROPOLITAN RR.— Underground electric.
& Electric owns 18,392
The Washington Traction
sliares of stock.
Maturity.
Outstand'g.
F-A
F-A
Feb.
Feb.
1,
1,
1904
1904
&
interest.
•
Outstanding.
Maturity.
^ t
^'^
g F-A
$1,000,000
($.50)
\
Ist M., $1,8.50,000, gold 5 1895 5
Feb. 1, 1926
1,850,000
Not subject to callc* \ Int. at Bait. Tr. & Guar. Co., Trustee, Bait.
Collateral trust bonds, < 1892
6 JJuly 1,1901
481,000
3onvertible
\ Int'tat National Bank Republic, Washington.
Certs, of indebt...A&B 1896
250,"00
Oct. 1, 1906
Certs, of indebt
1897
250.000
June 1, 1907
—V. 63, p. 45P; V. 68, p. 572, 619, 773, 824, 1133.
6AO
J&D
(6)
;
74. 370, 633; V. 68, p. 1027.
AVASHINGTON ALEXANDRIA & MOUNT
VERNON ELECTRIC RY.—See Alexandria, Va.
W^ASHINGTON ARLINGTON & FALL&
road.
C H URC H RY.-A
trolley
Chartered 1894-6-8 as the successor of the Washington & Arlington
Ry. Stock, $100,000; bonds, $100,000 Ist 68, gold, int. J&J. Owns
Aqueduct Bridge to Fort Myer, Arlington National Cemetery and
Corbetts, 3 9-10 miles; also to Falls Church, Va., 6>2 miles total, 10-4
Standard gauge and steam RR. track. Extensions of about.
njiles.
5 miles surveyed and planed for 1900. Pree., C. S. Hinchman SecTreas. and Man., R. H. Phillips.
;
WASHINGTON & GLEN ECHO
miles
double
miles
ROAD— Owns
WASHINGTON & GREAT FALLS ELECTRIC RY.-A
Stock
&
of the
865 shares
Capital stock Dec. 31, 1898, $86,500; Ist mortgage Os, $400,000.
BALTIMORE & ^WASHINGTON TRANSIT.ORQANIZATION. Onerates a trolley road extending from Takoma
to Glen Sligo, 2 miles, opened Sept ,1897, and by a tratHc agreement
with the Biifirhtwood Electric runs cars into Washington, where transfers are given to city lines. In 1899 extension was proposed to Sandy
Spring, Md., 14 miles. Stock. $100,000; par, $50.
First mortgage,
$500,000, of which only $50,000 lias been Issued; balance can onlyl)e
issued upon complelton of extfnslona and double-tracking. Guardian
Security Trust & Deposit Co Baltimore, Trustee.
Officers— Pres., T. Wllllam Harrin, 1335 " P" St., N. W., Washington Vice-Pres.. A. W. Williams, Baltimore Hec Tres., Jos. A. Gilpin,
of Baltimore, Md.
,
;
;
Bonds—
Stock (par $50)
1st mortgage, gold
RR.-
single) track, from Cabin
(11
Circle in District of Columbia. Owned by
Date.
1896
o*
interest.
6
g.
J-D
Amount.
Maturity.
$250,000
200,000 June 1, 1916
&
T. Co. (D. C), trustee, also at Stahl tie
Interest at Washington L.
Straub, Philadelphia.— V. 63, p. 716. President, Gustav Stahl, Philadelphia.
RR.-Trolley.
Organization Chartered m 1898 by Act of Congress to construct
a road from Washington past the American University to the District
line. To be double-tracked, 4 miles in length.
Stock
&
Bonds—
Date,
interest.
Stock (par $10) $5,000
Outstanding.
$3,700
None Nov.,'99
Ist mort, g., $170,000; 1899 5g. A-O
($100) coupon
5 Interest at Washington Loan
Of the bonds, $25,000 are reserved for prior liens.
Officers— President,
Treasure
trolley
of stock.
—
of
John Bridge to Chevy Chase
Washington Traction & Electric.
,
J.
F. C.
Maturity,
Apr. ],192i>
& Trust Co.
Kennedy; Secretary, G. O. Ferguson;
D. Croissant.
WATERBURY
road.
The Washington Traction & Electric owns 834 out
5^2
WASHINGTON & UNIVERSITY
of the 20,000
•
Date,
Bonds Stock
Stock. $1,000,000, par
extension running northwardly from district line through suburbs of
Washington, etc., to Berwyn, Md., was completed. The underground
trolley will be in use in the city and the overhead trolley on the suburban lines.
Officers— President, Geo. Truesdell; Vice-President, Chas. A. Lieb
Secretary, Jas. B. Lackey; Treasurer, T. Frederick Alvey.— V. 67, Pb.
;
the stock.
Interest. Outstand'g. Maturity.
Q-M $400,000 See text.
Date.
—
&
CONN.
Population 1890 was 28,646; in 1880 was 17,806; in 1870 was
10.826, and in 1898 (estimatkd) was about 40.000.
CONNECTICUT LIGHTING & PO^WEROrganized in 1899, and contemplates uniting various street railway
and light and power properties In Connecticut. Up to Nov.. 1899, had
acquired the Central Ry. & Electric Co. of New Britain; the Waterbury
Traction of Waterbury; Naugatuck Electric Light Co. of Naugatuck;
Norwalk Gas LI>iht<o.; Norwalk & South Norwalk Electric Co.; the
Greenwich and the Housatonic Power Co. It has J)een reported that
the company would issue $6,000,000 of long-time l)onds to pay for
these and other properties wliich it Is intended to acquire, but we are
informed that the amounts of stock and bonds to be issued are subject
to change.
Officers- President, R. A. C. Smith; Treas., A. M. Young; Sec. andi
ABSt. Treas., H. G. Rnnhle; Gen. Mgr., J. E. Sewell, Waterbury, Conn.
New York
office,
100 Broadway.
STREET RAILWAYS.
90
CENTRAL RAILWAY & ELECTRIC (New Britain).
Has been acquired by the Connecticut Lighting & Power Co.— see
(1)
V. 68,
p.
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
1133.
$200,000 of
Organization— Does both an
electric light
and street railway
Britain Tramway and
New Britain Electric-Light Co. Securities below include both railway
and lighting plant. Population of VowBricaiu in 1895 estimated at
26.000. See editorial in V. 65, p. 1054.
Dale,
interest. Outstanding. Maturity.
Stock
Bonds—
Stock ($1,000,000) $25
$600,000f.p
Ist M. s.f $750,000(Trus.. <
600,000 Dec. 1, 1923
1893
Old Col. Tr. Co., Bost.)c* \ Interest at New Britain National Bani.
ley) business, being a consolidation of the
Stock
(trol-
New
Couponnotes
Road— July
5A-0
1898
l,
1899,
$10,000
80,000
owned road 18-62 miles
Has been acquired by the Conuecticut Lighting & Power Co.— See V.
68, p. 1133.
Organization— Chartered in May, 1862. There were $110,000 of
bonds outstanding, but these were called at 105 and paid off July 1,
1899.
Stock ($500,000) $25. $100,000 f p.
Road— Operates 7-78 miles of track conneeting Norwalk, South Nor.
,
walk and Winnipauk.
July 1, 1899, bills payable, $42,000.
iJiindends- 1897-98, \H per cent; in 1898-99, 4»3 per cent.
Earnings— Year ending June 30, 1899: Gross, $49,738; net, $20,691; interest charges, $8,680; taxes, $2,255; dividends (4ifl p. c),
$4,500; surplus, $5,256.
For nine months ending June 30, 1898,
gross, $36,430 net, $11,132; interest charges, $4,402; taxes, $2,230;
dividends (4i«> p. 0.), $4,500.
Officers— Prest, R. A. C.Smith; Secretary, H. G. Runkle; Treasm-er, A. M. Young; Gen'l M'g'r, J. E. Sewell; Asst. Gen'l M'g'r, E. H.
Mather.
;
{.'3)
WATERBURY TRACTION.-A troUey road.
Has been acquired by the Connecticut Lighting
V/AVERLEY, N. Y.
POPDLATION 1890 WAS
WAVERLEY SAYRE & ATHENS
2,270.
TION CO.— A trolley road.
Organization— Incorporated in 1893; stock, $200,000; 1st mortgage. $200,000, 6s, J&J, due Jan. 1, 1925; $1 50,000 issued June 30,
1897. Operates 6 miles of track. Year 1897-98, gross, $10,747; operexp. and taxes, $6,554; net, $4,193; int., $2,250; surp., $1,943.
President, A. N. Broadhead; Sec. and Treas., A. C. Wade.
WEBB
Organization —Organized in 1893, a consolidation of the Connectiand the Waterbury Horse RR. Co. Franchise perpetual.
;
Organization, Etc.— a consolidation on August 21, 1896, of the
South M. Elec. RR., Jasper County Electric and Joplin ife Galena Electric By. In 1898 the company reported population of places along its
route as 51,600. In Oct., 1898, control passed into the hands of
Joplin and Harrlsburg, Pa., capitalists.
Date, interest. Outstand'g.
Stock
Bonds—
Stock, $800,000, auth
$80u,000
&
$182,219
110,204
Electric lights
Interest
}fet.
,
1899
$76,888
$170,539
105,106
$292,423
Railway
$275,645
.
1898.
48,147
Balance, surplus
$122,197
$42,123
24,000
$59,415
Dividends
$74,609
47,588
$125,035
$40,121
25,499
and taxes
Mortgages—
S-
J0P11B& Galena Elec. RR. ouDject to Call on July 1, after 1903.
InnHn tn fialAna goitl.i JS/tfc^on T,?/v^^'?ftViqV'
"a^®*»*' P'nlfi t
POPDLATION
IN
N.
Y.
1890 WAS 14,725; IN 1880 was 10,697;
IK 1870 WAS 9,336.
iSSnn^
'''^""'
[
Carterville to
($500)
Carthage
J
<
Trustees, Cent'l Trust Co., New York, and
Mississippi VaUey Trust Co., St. Louis
1896 6g. J-J
$180,000 July 1, 1926
Subject to call on July 1 after 1903.
$300,000 Nov. 1,1928
Sonthw Mo Flentric Rv f ^''^^ 6g.M-N
to call on any Nov. 1st after 1903.
2d mort ^
sold $1 ''1 Subject
* 000 i Int. at Nat. Bk.of Commerce, N.Y. Trustee.
i^nnn^n
!t>juu,uuu
'
[Mississippi Valley Trust Co., St. Louis.
miles of track connecting Joplin, Webb City.
Carterville, Carthage, Prosperity and Galena, Mo.
Earnings- For year ending Aug. 31, 1899, gross receipts, $166,377;
net, after deducting taxes and interest, $44,302;
898, gross receipts,
$115,050; net, after deducting taxes and interest, $13,120.
Officers—President and Treasurer, A. H. Rogers, Joplin, Mo.; Secretary, A. G. Knisely, of Harrisburg, Pa.— V. 67, p. 843; V, 69, p. 852.
Road— Operates 40
^^^EST
B, Taggart, of Watertown.
^VIS.
SUPERIOR RAPID TRANSIT RY.-AtroUey road.
A perpetual right of way over all streets in the
held and owned by the company in fee simple.
Receivership—On Jan. 28, 1896, 8. T. Norvel and F. W. Oakley were
appointed receivers.— V. 62, p. 234, 279. Nov., 1899, still operated by
Organization-''
heart of the city
is
receivers.
Stock
Stock
&
Bonds—
Ist M., $650,000, g.,
$1,000 s.f., Ser.A.c*
Miles.
5
(
Date, interest.
Outstand'g.
Maturity,
$1,000,000
26
1892 6g. F-A
$250,000 Aug.l, 1912
Subject to call al 102 and interest Aug. 1, 1902
2dmortgage
(?)
Interest on second mortgage went to default. See V. 62, p. 279.
Mortgager— VuA&T the mortgage. Series B and C ($200,000 each) are
co-equally secured with Series A. Sinking fund ranges from $5,000
Dec. 31, 1893, to $20,416 Aug. 1, 1912, inclusive, which amounts are
to be annually turned over to the trustee.
Operates 26 miles of track.
Earnings— For calendar year 1898 gross earnings were $98,803; in
1697 were $92,370.
Officers— President and General M-^nager, S. T. Norvell; Secretary
and Treasurer, G. Chadwick.— V. 62, p 234, 279.
^A^ESTV/OOD, MASS.
NORFOLK WESTERN STREET RAILWAY
—An electric road.
Line opened in 1899. Runs between Dedham. Westwood and Med9 miles. Franchise granted for an extension from Medfield to
Franklin, giving a trackage of 23 miles. Gen. office, Westwood., Mass
fleld,
"WESTERLY,
Organization- SuccesHorin Dec, 1897, to Watertown<fe Brownville
St. Ry, foreclosed. 7 miles of trolley. Stock, «65,000. Funded debt
$55,000. Earnings: For year endiui? June 20, 1899— Gross, $35,406;
net, $11,458: other income, $725; charges, $1,.'S66; net income, $7,617. Offieer«: Pres., Julius A. Lebkuecher, Newark, N. J.; Treas., B.
SUPERIOR,
Population of Superior 1890 was 11,983.
BLACK RIVER TRACTION CO-TroUey.
R.
I.
Population of town 1890 was 6,813 in 1880 m'as 6,104
and in 1870 was 4,709.
;
PA^WCATCJCK VALLEY ST RY.-A trolley road.
Stock
&
Bonds—
Stock, $75,000, $100 par
«5
*
1^
M., $100,000,
1st T,T d-irtAAnn gold
Date,
interest.
Outstand'g.
$75 000
Maturity.
(1)
1914
1894
100,000
5 M-N
--c|int.inBo8tonatAm.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, 213 p. c; in
•1
WATERVILLE, ME.
Population 1890 was 7,107;
and
^^^®
!
$56,074
Officers— President, R. A. G. Smith; Sec, H. G. Runkle; Treas.. A_
M. Young; Gen. Mgr., J. E. Sewell; Ass't Gen. Mgr., E. H. Mather.
WATERTOWN,
Maturity.
Joplin to Webb City, Car- ) 1893 6g. M-S $200,000 Mar. 1, 1913
terviUe and Prosperity, Subject to call on Mar. 1. after 1903.
$200,000, g., $500....o*>Int. at Cent. Trust Co., trustee, N. Y. City.
;
,
1,588.
RAILWAY.-A trolley road.
M
1898.
;
SOUTHV/EST MISSOURI ELECTRIC
&
Date,
interest. Outstand'g.
Maturity.
Bonds—
Stock
Stock, $1,000,000 ($100)
Text. Q-J $750,000
Seetext.
- N
Ist mort., $800,000, gold ( 1893 5 g.
600,000
Nov. 1, 1923
Tax exempt in Connecti't^ Sub. to call at 104 and int. aft. Nov. 1, 1898
($100 etc)
C Trustee, Treasurer Si ate of Connecticut.
Bonds—T^iQ mortgage has a first Uen on aD property and franchises of
the company, including electric-light plant. The $200,000 of bonds
anlssued may be used for future extensions.
Dividends— In 1896, July, 1 p. c; Oct., 1 p. c. In 1897, Jan., 1 p. 0.;
Apr., 1 p. c July, 1 p. c; Oct. 1, 1 p. c; in 1898, Jan., 1 p. c
Apr., 1
p. c; July, 1 p. c; Oct., 1 p. c; in Apr., '99, 1 p. c.
Road, Etc.— in Nov., 1899, was operating 1304 miles of road with
15-66 miles of track.extending through the city of Waterburv to Union
City, the borough of Naugatuck, etc. Rails are 60 and 70 lbs. In November, 1899, was building an extension to OakviUe.
Annual Report-— For years ending June 30:
Gross.
CITY, MO.
m 1880 was
Population 1890 was 5,043
•out Electric Co.
1899.
TRAC-
1
& Power Co.— See
V. 68, p. 1132.
,
div., etc.
Total
Net inc.
Oross Railway liailto'y Gross LI. Ket Lt.
<£ Power,
inc.
after int.
rf Power,
net.
of Ry. op. exp.
1898.. .$20,208 $13,321 $6,887 $20,021 $9,152 $6,41«i $40,229
1897... 19,121
16,298
2,823
(1)
(?)
(!)
C?)
Officers— President, I. C. Libby. Waterville, Me.—V. 65, p. 1027.
1906
NORWALK STREET RAILWAY— Trolley.
58.
Last
and furnishes light and power for miscellaneous purposes.
Earnings— For J ears ending June 30 as follows:
1898 99
1897-98
(2)
interest. Ontstand'g.
vUle,
in length, being 4ia
$156,241
$1,572
$91,612
$64,730
57,105
164,443
96,956
67,487
From net In 1898-99 paid taxes and bond interest, $41,649.
Officers— President, R. A. C. Smith; Secretary, U. G. Runkle;Tieasurer, A. M. Young; General Manager, J. E. Sewell.— V. 65, p. 1054.
Date,
,
.*
miles in city streets and 413 miles to Plaiuville; 4 miles to Berlin;
313 miles to Newington Centre; switches, etc., 2 miles. Length of road
paved, 10-25 miles. The Newlngton Tramway was formerly owned
jointly with the Hartford Street Railway, but 312 miles to Newington
Center was purchased in 1897 by Central Railway & Electric and
balance by Hartford Street Railroad. The two roads roads join at
Newington Church, and through cars are operated from New Britain
to Hartford under a 99-year contract; distance from central part of
New Britain to central part of Hartford, 10-42 miles. Rails 35, 40,
56, 60 and 67 lbs. Cars, 13 closed and 23 open.
Earnings—For years ending Sept. 30.
Total gross.
Net.
Elec. liqht.
Railwav.
per cent bonds for a like amount of 20-year
(?
$200,000
Prior Hen bonds
40,000 May 1, 1937
1897 5 M-N
May 1, 1937
M-N
l^'-^^
200,000
5
consoi. mortgage
Consol mortfi-flc'ft
J
American L. & T. Boston, trustee.
^
Road— Operates 4-43 miles of trolley between Fairfield and Water-
5J-D
payable June 30, 1899
6
Bonds—
Stock (par $100) ($200,000)
&
Bills
&
in 1870
in 1880
4.852.
was
was
4,672;
WATERVILLE & FAIRFIELD RY. & LIGrHT
Organization- In December, 1897, the stockholders agreed to give
•he bondholders the right for Ave years, or until the company shall be
1899, not yet declared.
Earnings-Year 1899, gross, $18,856; net, $4,947; interest, $5,284.
Officers— President, William Hoxsey; Sec. and Treas., E. P. Shaw»
Jr.; Gen. Man., E. P. Shaw, Jr., 53 State St., Boston.
STREET KAILWAYTS.
91
WHEELING, W. VA.
Population
WILMINGTON, DEL.
in 1890 was 34,522; in 1880 was 30,737;
AND IN 1870 was 19,280.
A trolley road.
"WHEELINGr RAIL^VAY—
Organization— Reorganizedln 1892. Franchise is perpetual. Company owns a trifle over thirty-nine fortieths of the capital stock of the
Citizens' Street Railway Company, and leases same for 99 years. The
total population served. Including Wheeling, Bridgeport, Martin's Ferry, Bellaire and Benwood, is said to be about 75,000. The Bellalre
Bridgeport & Martin's Ferry Ry. has been purchased.— V. 67, p. 802.
From May to July, 1899, company was suflfering from a strike of its
employes.
Stock
&
Bonds—
Date.
Pfi^-
Outstand'g. Last div.<£c.
See below. $700,000 Apr,'99, 1%
interest.
Stock, par $100, f.p
- S
1892 6 g.
500,000
1912
1st mge., $500,000, ) 1,000
o* ) Interest at Central Trust Co., trustee, N. Y. City.
gold, $1,000
None, Nov. ,'99
1898
2d M., $200,000
Dividetids.— In 1894 1 p. c.; In 1895, 2; in 1896, 4.^; in 1897, 41^; in
1898, 4i«; in 1899, April, 1 p. o.
Road.—Operates 30 miles of track in Wheeling and suburbs, its lines
extending to Bridgeport, Benwood and Martin's Ferry.
Earnings— Jan. l to Nov. 30 (11 months), gross, $173,029 in 1898,
$152,366 in 1897. For year ending Dec. 31, 1897, gross, $170,318; net,
$76,732; interest and taxes, $32,508; dividends, $31,500.
Officers.— President, T H. Conderman; Vioe-Prest., B. W. Peterson; Sec. and Treas., W. A. Shirley.
Index—V. 62, p. 279; V. 67, p.
647, 802.
M
MOUNDSVILLE BENWOOD & WHEEL-
ING RY.—A trolley road.
Organization-Opened in Dec, 1896, from Moundsvllle to Benwood, 9 miles of track, connecting at Benwood with Wheeling Ry.
Receiver was appointed and property resold to original owners and
reorganized under the old name. Stock, $250,000
bonds, $100,000.
President, J. A. Miller Sec. and Gen. Man., Alfred Paull.
;
;
WHEELING & ELM GROVE RR.-A
trolley road.
Organization — Owns from Wheeling to Elm Grove, 7^3 miles, of
which 7 miles double track One mile double track has been added
to connect with Wheeling Suburban Ry., whose 2 mile single-track
road from Elm Grove to Triadelphia is operated and bonds giiaranteed.
Stock, $67,800 common and $160,200 preferred. In January, 1898, issued mortgage for $225,000 of 5 per cent bonds, redeemable in 10 to 30 years proceeds for double track and extensions.
Operates 30 motor cars.
Officers —President, A. Reyman; Secretary, Wm. Carle; General
Manager, W. S. Wright.—V. 66, p. 185.
;
\VICHITA, KAN.
Population 1890 was 23.853; in 1880 was 4.911.
WICHITA RAILW^AY LIGHT & POWER-
—A
and lighting plant.
Organization—Chartered July 3, 1897, and purchased the proptrolley road
&
erty of Wichita Electric Ry.
L. Co. Has contract for city lighting.
Expects new franchise, covering all old franchises now in force.
Date,
interest. Outstanding.
MaluHlyStock
Bonds
Stock $500,000, par $100
$500,000
l8t M., $500,000 ($1,000) 1898
5 g. M-8 none Nov.'99 Sept. 1, '18
gold
s. f. c* 5
Int. at Mass. L. & T. Co., Boston, trustee.
Road—Owns 23 mJles of trolley track in Wichita, Kansas.
Officers—President, H. B. Church, Boston, Mass.; VicePres. and
Gen. Man., W. Q. Church; Treas., B. F. Peach, Boston.
—
&
W^ILKESBARRE, PA.
Population 1890 was 37,718; in 1880 was 23,339;
AND IN 1870 was 10.174.
Population 1890 was 61,431; in 1880 was 42,478
and in 1870 was 30.841.
^VILMINGTON & BRANDYWINE SPRINGS
ELECTRIC RY.-A trolley road.
Organization— Operated from Dec. 8, 1898. Wilmington to Brandywine Springs, a pleasure resort, a distance of 6 miles. The Wilmingtoni
& Elsemere Electric Ry. also passed into the hands of the ^ame owners on Deo. 8, 1898, and it was reported that a syndicate which oontemplateJ building a trolley line fi'om Philadelphia to Baltimore was
endeavoring to obtain control or purchase the properties. President,
R.
W. Crooks, Brandywine Springs.
WILMINGTON CITY RAILWAY-Sbb
ton
& Chester
Wilming-
Traction.
WILMINGTON & CHESTER TRACTION-See
" United Power
& Transportation Co."
under Philadelphia.
WILMINGTON & NEWCASTLE ELEC. RY.&
Stock
Date
Bonds—
Maturity.
Outstand'g.
interest.
$150,000
Ist M., .$150,000, gold. $2,- < 1896
5g. F-A
150,000 Aug.1,1926
000 an., $500&$l,000.c' \ Interest at Real Estate Trust Co., Phila.
Operates trolley road about 8 miles long.
Pres., F. H. Treat; Vlce-Pres., P. L. Cooiier, Jr.; Sec. and Treas., C.
Stock
P. King.
_
^VILMINGTON,
N. C.
Population 1890 was 20,056; in 1880 was 17,350;
and in 1870 was 13,446.
RY-- Trolley and steam road.
Organization-Chartered Feb. lO, 1887. Franchise runs till 1937,.
and gives exclusive rights to operate street railways in the city.
Par. Date, interest. Outstanding. Maturity
Stock & Bonds—
Common stock
$100
$100,000 f. p
Istpref. 6p. c. cum..
100
40,000 f. p
V/ILMINGTON STREET
100
2dpret. 6p. o. cum...
Mort gold !t)i50,000.c
Mort. e-old*150 000ol
60,000 f. p
150.000 Apr. 1, 19206 g A-O
^ Trustee, State Trust Co., New York City.
Road— Owns 4*78 miles of trolley road and 1^2 miles of steam road.
Report— Year 1898, gross, $47,250; net, $16,114.
Officers— President, H. A. Whiting; Sec. and Treas., J. W. Martenis.
1895
^34
V^INSTON,
N. C.
Population 1890 was 8,018; in 1880 was 2,854;
AND IN 1870 WAS 443.
AVINSTON-SALEM RAILWAY & ELECTRIC
—A trolley road.
Combined population of Winston and Salem in 1897
stated at about 15.000. In November, 1899, the road was purchased
by the Fries Manufacturing & Power (iompany. The securities of the
latter company will be $500,000 5% 40-year gold bonds, $100,000 6%.
non-cumulative preferred stock and $800,000 commou stock.
Organization, Etc.— incorporated in 1891 for 90 years.
Date, interest. Outstanding. Maturity.
Stock
Bonds
Stock ($300,000) ($100)
$150,000
&
1st
M. ($250,000) gold ($1,000)
] i^fal gte^te^f^st Caftms. N. Y^City.
miles of track, and also operates 100 arc and 2,500,
Road— Owns 8%
incandescent lights.
Officers— President, H. E. Fries; Vice-Pres'ts. H. W. Fries and W,
A. Blair; Secy, and Treas., B. J. Pfohl; Gen. Mgr., F. A. Barr; all of
Winston.
W^OONSOCKET.
R.
I.
Population 1890 was 20,830 in 1880 was 16,050
AND IN 1870 was 11,527.
;
WOONSOCKET STREET RAILTVAY-
Organization— Incorporated June 4, 1886. Stock, $140,000 bonds,
$200,000; unfunded debt June 30, 1898, $145,693; 1279 miles of track.
Earnings— For year ending June 30, 1898, gross, [$55,547; net,.
$13,008; interr-st, etc., $18,469; balance, deficit, $5,461.
Officers— President, Edgar K. Ray; Secretary, Willard Kent
Treasurer, Walter Wliittlesey, Chelsea, Mass.
;
^VORCESTER, MASS.
M^ILKESBARRE & WYOMING VALLEY
TRACTION.— See "United Power & Transportation Co." under
Population
IN 1880
Philadelphia.
in 1895
WAS
was
98,767; in 1890 was 84,655;
IN 1870 was 41,105.
AND
58,291;
WORCESTER & BLACKSTONE VALLEY
^WILKESBARRE DALLAS & HARVEY'S STREET RY.-A trolley road.of
Owns 7*33 miles
Opened Aug. 14, 1897.
LAKE RY—See
"United Power
&
Transportation Co." under
Philadelphia.
^VlLLIAMSPORT, PA.
Population 1890 was 27,132; in 1880 was 18,934;
and in 1870 was 16,030.
VALLAMONT TRACTIONThis
company was formed May 15, 1894, under an
Organization—
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, $25,000.
Miles
Stock & Bonds— June 30, '98.
Road—
Stock (Val. Trac.)
$101,700 Owns (65 lb. rails)
36
Current liabilities
South Side bonds, 68
25.293
25,000
100,000
1-8
P. Ry
Officers—Pres., J. By. Cochran;
Sec. and Gen. Man., E. H. Davis.
Leases
8. S.
Bonds (30-year 68)
Earnings—Year ending June 30, 1893, gross {both roads), $23,455
net, $4,540; int. and taxes, $8,977. In 1896-7, gross, $25,217.
'WILLIAMSPORT PASSENGER
Stock
&
Bonds— June
stock ($G00,000)
6s, due .May 1, 1911
RY.-TroUey.
Earnings— Year end. June 30,
189-98. 1896 -97.
30, '98.
$338,5.50
Gross
$69,192 $68,146
68, due June 1, 1922
1«9,000 Net
16,562
13,444
Bills pay able
12,897 Taxes
2,290
1,633
Dividends Jan., 1893, 2 p. c; Interest
10,575
9,997
1893-94, 6 p. c; none since.
Bal'ce, surplus.
3,694
1,814
Road Owned— 8
11, .500
miles; 90-lb. rails.
Officers— President, H.C. Parsons; Secretary and Treasurer,
General Manager, E. H. Davis. WllUamsport, Pa.
trolley.
OrganizationRoad located in Millbury, Sutton. Grafton and Northbridge. Capital
stock, $60,000 ($100), all outstanding; bonds, none. In February,
1898, Worcester & Suburban Street Ry. agreed to operate the line until
June 1, 1900, expenses to be borne by W. &. B. Valley Ry. An exten
sion to Worcester, it was reported, would be built In 1899.
Dividends—A dividend of 4
Officers—President, M. J.
Thomas.
was paid in July, 1899.
Whlttall; Vlce-Pres. and Treas., Alfred
p. c.
WORCESTER & CLINTON STREET RY.between Worcester and
Organization.— Constructed
in
1898
Clin-
ton, 12 miles.
Stock
&
Bonds—
Date,
Outstand^g.
interest.
Stock, $150,000 ($100)
1st mortg., $115,000,
coup. ($1,000)..'
Earnings— For
Maturity.
{ Last div. Nov
*i-^nAnA5La8tdiv.Nov.
"Jii "in nort
!t.i&o,ooo^ l,18H9,2ia
Jan. 1, 1919
115,000
1899 5 g. J-J
Amer. Loan & Trust Co., Boston, Trustee.
year ending Sept. 30, 1899, gross, $35,711;
g.,
)
....' S
fiscal
net, $11,857.
Officers— President, Alex.
Dame.
8.
Paton; Secretary and Treasurer, W.
R.
"WORCESTER & MARLBOROUGH
ST.
RY.-
Organization— Owns 17milesof trolley track in Worcester, Slirews-
bury, Nortliborough. Westborough and Marll)()rough. Line opened
30, 1897. Stock, $200,000. Bonds, $200,000, are Ist mortgage
20- year t.old 5s, dated Oct. 1. 1897; Amer. Loan & Trust Co., trustee.
Permission was granted in Dec, 1898, to inrrease '-apltal stock to
$240,000, to pay floating debt. On Feb. 1, 1899, a dividend of 3 per
cent was paid, and on Nov. 15 2'« p. c.
June
Earnings— For year ending
Xear—
Gross.
1898-9
1897-8
$65,238
65.643
Sept. 30
Net.
$20,612
22,855
:
Int.
<6
taxes.
Divid'd.
Balance.
$«,000 sur. $744
$13,868
13,931 (6)12,000 def.3,077
)
- XVAJ.1J v¥
oxxviLriX
\)Z
Officers— President, G.
H
Whitcouib; Treas'r,
8.
Reed Anthony, 53
State Street, Boston.
.flL
X
.
o
F. & A. Dt»irfe»irfs-In'95-6 2-65 p. c; '96-7, 312 p.
in 1898-9, 3»a p. c.
WORCESTER & SUBURBAN STREET RY
YONKERS,
troUej- road.
Organization— Chartered
In
Stock, $550,000 (^100)
Ist M., .fJOO.OOO.K. ($500) c*
May 1, 1900
i
1895
5
c.
M-N
$542,500
200,000
etc.
See text.
May
1,
1915
)
Int. at International Trust, Boston.
Oct. 1, 1899, $149,776.
Dirirffiu/s— 1894-5, 3 p. c.; In 1895-6, 4 p. c; In 1896-7, 4ia p. c; in
1897-8, 4 p. c.
Road— Owns Worcester to Millbury, 8 miles track; Worcester via
Leicester to Spencer, 15 miles track; operates Worcester & Blackstone
Valley Street Ry., 5-3 miles, under an agreement expiring June 1,
104
red. at
alt.
Net Current
Earnings— For year ending Sept. 30, 1899, sross, $164,60"!; net,
$4?,941; intere.'^t, taxep, <tc., $38,727; balance, surplus, $4,214. In
1898. gross, $154,3ti7; net. $49,824; interest, taxes, etc., .$30,271;
dividend (4 per ct.), *21,700; balance, deHcit. $?,147; 1896-7, gross,
^144,758; net, $45,032; interest, taxes, etc., $26,082; balance, surplus for year, $18,950.
Officers— President and Gen. Man., Samuel E. Winslow; Secretary
and Treasurer T. T. Robinson.— V. 60, p. 481.
\VORCESTER TRACTION-A trolley road.
in 1893 and purchased the entire capital
etock of the Consolidated Street Ry Co. of Worcester, consisting of SHa
miles of track laid with 85-pound steel.
Outslandlng.
Par. interest.
Maturity.
Stock and Bonds—
$3,000,o00
Common stock
None paid
Preferred stock cumu6 F-A
2,000,000 Aug. 1, '99,3%
lative
\ Red. at 105 and accrued div. on 3 mos. notice.
Debentures of Ry. Co. guaranteed— see Worcester Consol. St. Ry.
Officers— President, T. C. Barr; Vice-President, C. H. Clark, Jr.;
Treasurer, E. J. Moore.
Organization— Organized
WORCESTER CONSOLIDATED STREET RY.— A troUey road.
(1)
Organization— Incorporated 1869. Capital stock all owned by the
Worcester Traction Co., which guarantees principal and interest of the
debentures. The road is now fully equipped electrically.
Date.
interest. Oulstan'ing. Matur'y,<ee.
Stock & Bonds.—
Capital stock, $100
Text.
$700,000
Text.
1st mort. bonds
Debentures, gold
c*
>
5
150,000
1907
1894
5 g. F-A.
500,000 Feb. 1, 1914
Guaranteed p.&i. by Worcester Traction Co.
Subject to call at IO212 )
Real estate mortgages
5
$4,500 On demand
Float, debt (net) Oct. 1,'98
13,400
Dividends.— > For 1891-92. 1892-93. 1893-94.
Since to 1899.
Percent
4
10
S^s
8 p. c. per an.
5
Road— On Sept. 30, 1899, was operating 54-22 miles of track In
Worcester and vicinity, of which 44-89 miles was owned, 9-33 miles
Ceased and -55 of a mile trackage. Leases the Worcester & Shrewsbury
Street Ry., etc., 4-2 miles. Rails 85 pounds steel.
Annual Report— For years ending Sept. 30 earnings have been:
1899.
1898.
1899.
1898.
•Qi 088 eamg'8. $610,1 53 $637,873
Dividends
$56,000 $56,000
Net earnings.. 170,993
143,^20 Bal.,sur. for year 19,250
15.296
Int., taxes, etc.
95,742
72,324
OFFICERS-President, P. H. Dewey; Vice-Pres., A. Geo. Bullock;
Secy, and Treasurer, A. H. Stone.
I
I
1
NORTH END STREET RY.— A trolley road.
(2)
Lease— In 1895 leased to Worcester Consol. Street Ry. for 99 vears
now $8,000 yearly. V. 61, p. 518.
Road, Etc.— Owns 5-13 miles of track. Capital stock, $110,000 (par
Rental
$100).
First mortgage, $75,000, 1895,
due Feb.
1,
1915;
int.
at 5 p. o..
'97-8, 31a
p c
N. Y.
RAILROAD.-This
YONKERSNew York. See statement
Union Railway of
York City.
road
Is
owned by the
of the latter
Aew
under
YORK, PA.
lialiilltles
1900.
c.
Population 1890 was 32,033; in 1880 was 18,892;
and in 1870 was 18.357.
1894 and absorbed the Worcester Lei-
& Spencer and the Worcester & Millbury companies.
Date, interest. Outstamt'g. Maturity,
STOCK; Bonds, Etc.—
cester
.
:
POPITLATION 1890 WAS 20,793; in 1880 WAS 13,940;
AND IN 1870 WAS 11,003.
YORK STREET RAILWAY-A
trolley road.
Entire ovehead equipment owned and power supplied by the lork
Light Heat & Power Co.— See V. 68. p. 1184.
Last Div., etc.
Outstanding.
interest.
Date,
Stock Etc—
(See text.)
$166,300f.p.
Stock $200,000 ($50)
1926
140.000
5
1896
Ist mortgage
Dividends.— \%95 -96 about 4 p. c; 1896 97. 3 p. c; 1897-98, 2is p. o
1898-99, 4 P.O.
Road— Operates III4 miles of track, laid with 45 and 70 lb. rails.
Earnings— For years ending June 30
1898.
1899.
1898.
1899.
$8,058
Gross
$61,212 $55,842 Inter't & taxes.$ll,721
4,161
6,652
795 Dividends
Other income
sur. 1,247 eur.3,961
16,180 Balance
Net
19.620
Officers— President, W. H. Lauius; Vice-President, D K. Trimmer; Secretary, G. S. Schmidt; Treasurer, Chas. H. Maysr.
;
YOUNGSTOV/N, OHIO.
POPCLATION 1890 WAS 33,220; in 1880 WAS 15,435;
AND IN 1870 WAS 8.075.
MAHONING VALLEY
RY.-A trolley road.
Organization— Organized as Voungstowu street RR. Dec. 10, 1873.
and consolidated with the Mahoning Valley Ry. December 1, 1896. On
April
1,
Stock
1899, acquired the Mineral Ridge & Niles Electric Street Ry.
Maturity.
interest. Outstand'g.
Date.
Bonds—
&
..^
$1,500,000
May 1, 1911
300,000
Subject to call at par after May 1, 1901
1st mortg'e, $300,000, {
c*.fer(Intere8t at Central Tr. Co., trustee, N. Y. City.
gold
July 1, 1917
600,000
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 new company operates about 26 miles of track.
Officers— Secretary. J. E. McVey; Treasurer and General Manager
Slock
Youngstown
A. A.
Street Ry.
Anderson.— V.
(
1891
6g.
M-N
63, p. 924; V. 64, p. 83.
ZANESVILLE, OHIO.
POPULATION 1890 WAS :.il,009; IN 1880 WAS 18,113;
AND IN 1870 WAS 10,011.
ZANESVILLE ELECTRIC RY.
CO.-
Organization— Organized Jan. 3, 1899, as successor of the Zanesville Street RR foreclosed and sold Jan. 3, 1899.— V. 68, p. 41, 87.
MaturityOulstand'g.
int.
Date.
Stock & Bonds—
,
$300,000
Stock, $300,000
250,000 Feb. 1.J.919
IstM.. $2.50,000, gold, sub. ) 1899 4g. F-A
to call aft.5 yrs..$l,000ea. S Int. at Int. Trust Co., Boston, trustee.
Road— Operates 10 miles trolley on 8 miles of street.
Officers— President, Thomas T. Robin.son; Vice-Pre.sident, John M,
Graham Sec. and Gen. Mgr., W. A. Glbbs Treasurer, Wm. B. Cosgrove.— V. 68, p. 41, 87.
;
ABBREVIATIONS.
;
Etc.
The terms and abbreviations employed
in this Supplement are explained in the following :
BONDS"— Under these words are shown—
^TOp/t^A'/^^'j'' '''"'oiint of stock authorized immediatelv follows the word " stock", and again.st this is the par value of single shares, viz.;
,,
btocK*200,00(>--$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
accumulating, all dividends duo and unpaid to be paid in full for each and every year before the common stock receives anything.
.<!>"» F
iTer. b p. c. non-ciuB. means simply that the stock is entitled
to 6 per cent per annum if earned, but that if unearned in any year the dividend
tor that year will not be paid subsequently.
^.S'^'^S"—" Mort." or "M." means mortgage. " Consol." or " con. M." means consolidated mortgage. " Gen. M." means general mort'*"'""."^ °^^**<'llo^'"^ is the total authorized amount that can be i-ssued under the mortgage. The word "gold "is usually spelled
*^*?®:. ^
out, nut I'® some instances is contracted to " g," while " cur." means currency.
In
"Conv." means convertible into stock. " S. f." means sinking fund. *' c." means coupon; "c.*" means coupon but mav be registered as
CO pnncipal; and" c.*,tr." means that registered certiflcates without coupons as well as coupon bonds are outstanding. The letters "p. m."
moan r,^,. T„, „ =„ 1 r^r^^
.,....,..
.
^jjjg qj tTack. " Guar." mcans guaranteed, and
on each bond.
"STOCK &
'
••
'
'
.
.
INTEREST"--Under this heading is given the rate per cent yearly of the interest payable on the bonds or (If guaranteed) of the dividend
months when the interest or dividend is payable, thus, " 6 J - J " means
Jam
per cent per annum payable January
•najiuy; correspoudinKly, "F-A" is used to mean Februarv and August: "M-S" means March 6
BspoudinKly,
"C^
February
August;
and September, and so on, while "Q - J
means 11quarterly ''<;X'"""'^ "^ .January and "Q-F" quarterly beginning in February.
*'
can
[The day when the interest payment is due v,-,„
A
generally he 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
payaiiie on the stock; also the
stock;
1
oftii RO^'-^Vr^^*'
80-lb. girder" means that
^.?'''^
"track" means in Street Railway parlance aU track, whether main
each rail weighs 80 pounds to tlie vard.
line, siding,
switch or second track.
'
Rails are
Index to Railways.
Page.
Bedford & Cleveland RR— See
Northern Ohio Traction
7
Akron <fc Cuyahoga Falls Rapid Transit... 7
Akron Street Ry. A Illuminating- See
Northern Ohio Traction
7
Akron Trac. A Elec— See Nor. Ohio Trac
7
Alamt'da Oakland 4 Piedmont— See Oakland Tranclt Co
64
Alamo Heights RR
82
Albanv Helderl)urg& Schoharie Elec. Ry—
See Albany & Schoharie VaJ. Ry
7
Albany Ry
7
Albany 4 Hudson Ry. A Power
44
Albany 4 Schoharie Valley Ry
7
Algiers Gouldslioro & Gretna Ry
56
Allegheny & Belle vu«—See Fed. St. &. PI. V. 72
Allegheny St.-See Federal St. & Pleas. Val. 72
PAGE
Akron
.
i
Allegheny Traction—«^ee Cons'd Trac. Sys.. 72
Allentown tlectric Light & Power— See
Allentown <fe Lehigh Valley Traction
8
AUenfn & Beth R. T.-See Allen. & L. V. T. 8
Allentown & Lehigh Valley Traction
8
Allentown Pasi-enger Ry.— See Allentown
& Lehigh Valley Traction
8
Alley Elevated. See South Side Elevated. 28
Alton Imoroveinent Ass'n—8e<j Alton Ry.
Ga« & Electric Light
8
Alton Ry. Gas <fe Electric Light..
8
Alton Rallwiiy & Illuminating— See Alton
R.y. Gas <fe Electric Light
8
Altoona & Logan Valley Klectric Ry
8
Ambler Elec—See Schuylkill V. Trac. Sys.. 63
.
American Railways Co
Amherst <fe Sunderland St. Ry
.
66
8
Amsterdam
Anacostia
&
Street
RR
Potomac River
Page.
9
88
RR
Anderson Elec. St. Ry.—See United Trac.
Co
9
Ann Arbor & Ypsilanti Electric Ry
9
Anniston Electric & Gas Co
9
Arlington Heights Motor Ry
85
Asbury Park <te Belmar Street Ry.— See Asbury Park & Sea Girt Electric RR
9
Asbury Park & Sea Girt Electric RR
9
A«heville Street
Ry
Ashland (Wis.) Light, Power
Ashtabula Rapid Transit
Astoria (Ore.) Street
Ry
Atchison Ky. Light
Power
Ry
<&
Athens (Ga; Electric
Athol & Orange Street Ry
& Street
9
Ry.
.
9
9
10
10
10
10
INDEX TO RAILWAYS.
Atlanta Consol.
&
St.
Power
RR— See
Page.
Brooklvu Union Elevated.— See Brooklyn
Rapid Transit
20
Rruuswiok Traction
55
ButTalo Bellevue & Lancaster Ry.— See Internatioual Traction
21
Bulfalo East Side St. Rv— See Intern. Trac. 21
Buffalo \- Lockport St. Ky.— See Interu.Trac 21
Biitfalo Hamburg & Aurora Ry
21
Bnttiilo & Niagara Falls Electric Ry.— See
Page.
Atlanta Ry.
10
Atlanta Eleo. Ry
Atlanta Railway
Atlanta Railway & Power
-Atlanta Rapid Tiansic-See Collins Park
10
10
10
&
Belt
-Atlanta St. RR.— See Atlanta Consoli lateil
Atlantic Ave. KR.— See Rrooklyn Rap. Tr..
Atlantic Ooa.'<t Electric RR
Atlantic Highlands Red Bank & Long Br'ch
Auburn City Ry
10
10
^9
IiiteriiatiouHl Traction
21
Butt'alo
See International Traction... 21
Butr. Ton.
Niag. Falls Eleo. RR.— See Iliterna tiou al Traction
21
4!>
4!»
Ry—
&
10
Augusta (Me.) iJallowell & Gardiner RR. .. 11
11
A.ugusta (^Ga.)Ry. & Electric Co
.Aurora <fc Geneva— See Aurora Street Ry... 11
11
Aurora (111.) Street Ry
24
Aurora Wheaton & Chicago Ry
11
Austin Rapid Transit Ry
abylon
Baden &
Buffalo Traction— See Intern. Traction
Buffalo & WilliamsvlUe Electric Ry
Burlington (Iowa) Ry. & Light Co
Burlington (Vt) Traction
California Street Cable
Calumet Electric St. Ry
.
Middle Riv. & Sparrow's Pt. Elec. Ry.
—See United Rys. & Electric Co
11
Baltimore & Northern Electric Ry.— See
United Rys. & Electric Co
11
Baltimore Traction— See Unit. Rys. & Elec. 1
Baltimore & Washington Transit
89
Bangor Hampden & W'interport Ry
13
Bangor Orouo & Old Town Ry
13
Bangor Street Railway
13
BaiTe & Montpelier Traction & Power
13
Bath (Me.) Street Railway
13
Bay Cities Consolidated Railway
13
Beatrice (Neb.) Elec. Co
14
Beaver Valley Traction
14
Bellaire Bridgeport (O.) &. Martin's Ferry
Street Ry..;
18
Belle City Elec. Co., Racine, Wis
76
Belleville Electric Railway
14
Belleville & Newark— See Newark Pass. Ry. 46
Belt Line Electric (Lexington, Ky.)— See
Lexington Rv
^8
Belt Railway, The (Washington, D. C.)
89
Bennington & Hoosick Valley Ry
43
Bennington <fe Woodford Elec. Ry
14
Benton-BeUefontaine Ry— See Un. Dep. RR. 9
Bergen County Traction
43
Bethlehem & Allentown Street Ry.— See
Bait.
.
&L.V.T
8
Beth.
tt.
Ry.—See
Allen.
&L.
Beverly & Danvers (Maps. Elect. Cos.)
Blddeford & Saco Railroad
Blnghamton Lest. & Union— See Bing. RR.
Binghamton Railroad
Birmingham Belt RR.— See Highland Ave.
*
Belt
RR
Birmingham Knoxville & Allentown Traction-See Pittsb. & Birmingham Tr
Birmingham Railway & Electric
Birmingham Traction
Black Rock & Salisbury Beach—See Haverhill & Amesbury
8
15
14
14
14
14
73
14
14
42
Black River Traction (Watertown, V, Y.).. 90
Bleecker Street & Fulton Ferry RR— See
Metropolitan St. Ry. Svstem
.58
Bloomtield Street— See Pittsburg Tr. Svs... 72
Bloomlugton City Rv— See Bloomington &
Normal Street Ry
14
Bloomington & Normal Street Ry
14
Boston & Chelsea See Lynn & Boston Svs. 17
Boston Consol. Street— See West End St. Ry. 15
Boston Elevated RR
15
Boston Milton & Brockton (Mass. Eleo. Cos. 15
Boston & Revere Elec—See Lynn & Boston 17
Boston & Worcester Electric— See Marlborough Street Rv
51
Bowling Green Railway
18
Sraddock & Turtle Oeek Passenger Railway See UnitedTraction
72
Braintree Street Railway (Mass. Elec. Cos
16
Bralntree & Weymouth Street Ry.— See So.
Snore & Boston
lA
Bridgeport (Conn.) Traction
..
18
Bridgewater Whitman & Rockland St. Ry.
—See So. Shore & Boston
18
Bridgeton Electiic See Am. Rys. Co. (Phil.) 68
Brldgetou & Millville Trao. (Bridge., N. J.). 18
Brigantine Transportation Co. (formerly
Rrigaiitine Transit)
18
Brightwood Ry
89
—
—
)
Plain vUle Tramway (Conn.)
18
Broad Ripple Traction
44
B'way & 7th Ave.
See Met. St. Ry. Sys. 58
Broadway Surf. RR— SeeB'y &7th Ave.RR. 58
Brockton Bridgewater &. Taunton St. Ky.
(Mass, Elec. Cos
16
Brockton & East Bridgewater St. Ry. (Mass.
Bristol
Ry
Railway
11
St.
Be h. <s South
V.T
Electric
alals (Me.) Street
Rys. Co. 79
Ballston Term'l RR. (Ballstou Spa. N. Y.)
11
Baltimore Catonsville & EUicotfs Mills
RR.— See United Rys. & Klec. Co
11
Baltimore City Passenger Railway— See
Rys. & Elec. Co
United
11
Baltimore Consolidated Ry— See United
Rye. <fe Elec. Co.
11
Baltimore & Cuitis Bay Ry.— ^ee United
Rys.&Elec
11
Bait. Gardensv. & Belair Elec. Ry.— See
United Rys & Elec
11
Bait. & Jerusalem Turnpike- See United
Rys.&Elec
11
Allen.
illl.)
11
& North Shore RR
Louis RR.— See United
&
RR—
)
Electric Cos.).
..
Brockton Street Ry. (Mass. Elec. Cos.)
Brooklyn Avenue Ry (Kansas City)— See
Central i;iectric of Kansas City
Brooklyn Bath & West End RR.— See
Brooklyn Rapid Transit
Brooklyn <fe Brighton Beach— See Brooklyn
Rapid Transit
Brookh n Cable Co.— Se«» United RK
Brooklyn City & Newtown RR.— See Coney
& Brooklyn
Brooklyn City RR— See B'kly n R. T
Brooklyn Crosst'n RR.— See B'klyn Rap.Tr.
Brooklyn Heights RR.— See B'klyn R. 'T.
Brooklyn Ciueens County & Suburban RR.—
See Brooklyn Rapid Transit
Brooklyn Rapid Transit
Srooklyn (O.) St. RR.— See Clev. Elec. Ry..
21
21
21
22
22
22
22
82
Butte Consolidated Ky
Cairo
Babylon RR
16
16
46
19
19
20
20
19
19
19
!
18
30
24
Calvary Cemetery Greenpoiut & Brooklyn Ry.— See Brooklyn Ra()id Transit
19
Cambridge RR— SeeWesl EndSt.Ry., Boston 15
(-'aiiideu (Jloiicester & Woodbury Ry
22
Camden Horse RR
22
Camden & Suburban Ry
22
22
Camden & Trenton
Canal &. Claiborne RR
56
Canandaigua Elec. L. & RR
22
Caui.sieo Valley Ry.— See Hornellsvil.e &
Canisteo Ry
43
Canton— Massillon Electric Ry
22
Canton St.— See Canton-Massillon Elec
22
Cape May Del. Ray &Se well's Point Elec. Ry 22
Capital Ry. (Frankfort, Ky.;- See Frank-
& Suburban
fort
39
89
Capital Traction
Carbondale &. Forest City Pass Ry. See
Carboudale Traction. ..'.
23
Carbondale Traction
23
Carpeutersv. Elgin & Aur.— See El. City Ry. 38
Cass Avenue & Fair Grounds Ry See
—
United Railways Co
Catasauqua & Northern
&
L.
—
79
St.
Ry.— See
Allen.
V.Tr...
8
Catharine & Bainbridge Streets Ry— See
Union Traction
67
Catoctin & Myersville Elec— See Frederick
&
Mid. Rlec.
Ry
Ry
CatskiU Electric
Cayadutta Electric
Cayuga Lake Elec. Ry.— See Ithaca St.
Cedar Rapids & Marion City Ry
40
23
40
Ry.. 45
23
Avenue Ry. (Oakland, Cal.)— See
Central
Oakland Transit Co
Central Crosstown RR.— See Met.St.Ry.Sys.
CentratElec (Lexington)— See Lex. Ry
Central Elec— See Sacramento ElecG.ite Ry.
'^entral Electric Rv. (Kansas)
Central Park North & East River RR.— See
Metropolitan St. Ry. System
Central Pass. Ry.— See Central Traction
(Central Pass. Ry.— See Louisville Ry
Central Ry.— See United Rwys. & Elec. Co.
Central Ry. (Peoria, lU.)
Central Ry. & Electric (New Britain, Conn.)
Central Traction— See Cons'd Trac. Sys
Central Trac. (St. Louis, Mo.). See United
—
64
58
48
78
46
58
72
50
11
66
90
72
79
Railways Co
Central Traction— See Sioux City Traction. 85
Falls & Eastern Electric Ry
Chagrin
30
Chambers
St.
St.
& Graud
St.
Ferry. See
Met
Ry
57
Charles River Street— See We-st End St
15
Charles St. Ave. Turnpike— See United
11
Railways & Elec
Charleston City Ry— See Char. Consol. Ry.
Gas &Elec
Charleston
&
23
Seashore
RR.— See
Charl. Ry.
23
Ga8& Electric
23
Charleston Consol. Ry. Gas & Elec
Charlotte Street Ry. See Charlotte Eleo.
23
Ry. Light& Power Co
Charlotte Electric Ry. Light & Power Co... 23
—
23
Chattanooga Electric Ry
23
Chattanooga & Lookout Mountain RR
&No. Side St.Ry.— See Signal Mt. Ry. 24
Chatt.
'23
Chattanooga Rapid Transit
Chester Darby & Phila.— See Chester Trac.
Chester <feMedia Elec. Ry.— See ChesterTrac.
Chester Street Ry.— See Chester Traction.
Chester Traction
Chicago City Ry
Chicago City Ry Transit Co.— See Chicago
City Ry..
Chicago Consolidated Traction
Chicago Det. &Tol. RR. (Detroit, Mich.)...
Chicago Electric Traction
Chicago Elec. Tran.— See Chicago Con. Trac.
Chicago & Fox Lake Electric
Chicago General Ry
.
. .
& Harlem
(Chicago
Chicago Harlem & Batavla— See SuburbanRR. (Chic)
Chicago & .Jefferson Urban Transit— See
Chicago Consol. Trac
Chicago & Milwaukee Electric
Chicago North Shore St.— See Chic Consol.
Trac
Chicago Pass. Ry.— See West Ohio. St. RR.'.
Chicago & So. Side B. T.— See .So. Side Elev.
Chicago Union Traction
Chicago West Div. Ry — See W. Chic St. RR.
Chippewa Val, Elec. Ry. (Eau Claire. Wis.)
Christopher & 10th Streets RR.— See Met. St.
Ry SvHtem
Cicero & Harlem St. Ry- See Chic* Harlem
Cicero & Proviso St. Ry — See Ch. Con. Trac.
.
71
71
73
71
24
24
24
34
25
24
25
25
2«
29
25
25
25
26
25
25
26
38
58
28
25
29
Cincinnati & Hamilton Electric St. Ry
Cincinnati Hamilton & Dayton Traction,
(Dayton, O.)
32
Cincinnati Hamilton MIddletown & Dayton
Street RR.— See MlUcreek Valley Rk'.
29
Cincinnati Lturenceourg & Aurora Elect.
.-t.
19
93
Ky
&
Miami Val. Trac
Cincln.
Cincinnati Newport & Covington
Cincinnati Street Ry
29
29
Ry
3l
29
PAGE.
& P. Co. of Delaware
County See United Power ATransport'n 69
Citizens' Electric L.
Ry. L. A P. Co.(Manstleld, O.) 51
Citizens' Eh'ctric Street Ry.— See N e wburyCitizen.s'p:iec
& Amesbury
port
60
Ry.— See HarrisburgTrac... 42
Citizens' Pass.
itizeiLs' Pass.— See Schuylkill Val. Tr. Sys. 63
Citizens' Pass. Rv. (Phila.)— See Union Ir.. 67
Citizens' Phss. Ry See Citizens' Trac
72
Citizens' RR. (St. Louis)— See United Rail-
—
ways Co
79
Citizens' Ry. (Waco, Tex)
88
Citizens' Rapid Transit— See Nashville Ry.. 54
Citizens' St. RR. (Indianapolis, Ind.)— See
Indianapolis
SI.
RR
Citizens' Street RR.— See Memphis St. Ry..
Citizens' St. (Fishkill-on-tlie-Hud.Hon N. Y.)
Citizens' Street Ry. (Kalamazoo, Mich)—
See Michigan Traction
Street Ry. (Muncie, Ind.)— See
Union Traction of Indiana
Citizens' Traction ("o. (Detroit. Mich.)
Citizens' Traction (Oshkosh. Wis.)
Citizens' Traction— See Cons'd Trac. Sys. ..
Citizens' Traction.- '^ee San Diego Elec. Rr
City Electric Ry.— See Decatur Traction &
44
52
39
46
Citizens'
.
Electric Co
City Electric Ry (Port Huron, Mich.)
(ii^y Electric Ry. (Rome, Ga.)
City Park Transit
(3ity Pass.— See Altoona & Logan Val. El. ..
(;ity Railway (Dayton. Ohio)
City Ry (Ft. Worth, Tex.)
City & Suburban— See Un. Rys. & Elect.
Co.ofBalt
& Suburban RR.— See Memphis St. Ry.
& Suburban Ry. (Portland, Ore.)
Ci y & Suburban RR. (Savannah, Ga.)
City & Suburban Ry., Wash., D. C
Ci ty & We «t Portland Park Motor
Cleveland Berea l^lyria t Oberlin Ry
Cleve. & Berea SI. Ry— See CI. B. Ely. & Ob.
Cleveland & Chagrin Palls Electric.
City
City
9
36
65
72
82
34
74
78
85
8
32
39
13
52
74
83
89
75
30
30
30
Cleveland Citv Cable Ry.—See Clev. C. Ry. 30
Cleveland City Rv
30
Cleveland & Eastern RR
30
Cleveland Electric Ry
30
(^leve.
Elyria Elec— See Clev. B. E. & Ob. 30
Cleveland Medina ife Southern
30
Cleveland Painesville & Eastern RR
30
Clifton Suspension Bridge See Interna<fe
tional Traction
Coalville Pass.— See Wilkesb.
& W.
21
Va. Tr.. 70
CohoesCityRy
30
Elec— See Denver City Tram.. 34
Park & Belt (Atlanta, Ga.)
10
Colfax Ave.
Collins
Colonial City Traction
Colorado Springs Rapid Transit
Columbia Construction Co. See Northwestern El., Chicago
Columbia. S.C, Eleo. St. Ry. Light & Power
47
31
28
31
Co' umbia Railway
89
Columbus Central Ry.— See Columbus Ry.. 31
Columbus, O., Consolidated Street Ry.
See Columbus Ry
31
Columbus & 9th A v. RR.— See Metropolitan
Street Ry
57
:
Columbus, Ga., RR
31
3i
Columbus Railway (Ohio)
Columbus, O.. Street Ry — Soef^olumbusRy. 31
Commonwealth Avenue Street Ry
61
(Jompton Heights Union Depot & Merchants' Terminal Ry— See Lindell Ry. Sys. 79
31
Concord Street Ry
20
Coney Island* Brooklyn RR
Traction
48
Conestoga
89
Conn. Lighting & Power Co
nonshohockeu Ry —See Schuylkill Valley 63
Consolidated St. Ry. (Grand Rapids, Mich.) 41
Consolidated St.— See Portland (Ore.) Ry.. 75
Consolidated Traction of New Jersey
45
72
Consolidated Traction of Pittsburg, Pa
Continental Pass. Ry— See Union Traction.. 67
31
Corning & Painted Post St. Ry
.
31
Cortland & Homer Traction
Corrlgan Consolidated St. Ry— See Metropolitan Street Ry.,
Kansas
City,
Mo
47
31
Cottage City Street Ry
Council Bluffs Street Ry.— See Omaha &
64
Council Bluffs Ry & Bridge
Covington Cincinnati & Erlanger- See CinNewport <fe Covin gtou
33
cinnati
56
Crescent City RR See New Orleans Tr
32
Cripple Creek District Ry
Crosstown St.Ry. (Buffalo)— See Inter. Trac. 21
31
Crosstown St. See Columbus Ry
Dallas City Street Ry.—See Dallas Consol.
32
Electric Ry
32
Dallas Consolidated Electric Street Ry
32
Dallas & Oak Cliff Electric Ry
Dallas Rapid Transit Ry.— See Rapid Tran32
sit Ry
32
Danbury (Conn ) & Bethel Street Ry
32
Danville (III.) Gas, Electric Lt. & St. Ry.
Dartmouth* WestportSt.Hy., New Bedford 55
Davenport & Rock Isl. Ry— See Tri-City Ry. 32
Dayton * Soldiers' Home RR— See City Ry. 32
34
Dav ton Springfield & Urbana Elec Ry
Dayton Spring Vail. & Wilmington Transit. 34
29
Dayton Traction
34
Dayton & Western Traction
34
Dayton <fc Xenia Traction
34
Decatur Traction <ft Elec rto Co
Elect. Ry.
Delaware County & Philadelphia
- See United Power & T ansportation
69
—
Denver City RR —See Denver City Tram.
Denver City Tramway
DenverConsol.Tram.- SeeDen.CityTram..
Denver Lakewood & Golden RR
Denver Tramway— See Denver City Tram..
Derby Street Ry
Des Moines City Ry
Des Moines St. RR— See Des Moines City Ry.
Des Moines Suburban Ry— See Des M. City.
34
34
34
34
34
34
34
34
34
DetroltCity Ry.-Seo Detroit Citizous'dt.Ry. 36
86
Detroit Citizens' Street Ry
36
Detroit Electric Ry
Belle Isle Ry
36
Detroit Fort Wayne A
36
Detroit Lake Shore & Mt. CI mens Ry
36
Detroit <fe Northwestern
.
INDEX TO RAILWAYS.
94
Pack
Detroit & Pontiac Ry
Detroit Plymouth Jfc NortlivUl« Ry
Detroit Ry.— See Detroit Electric Ry
Detroit Rochester Romeo & Lake Orion
DetroitSub. Ry.— See DetroitCitizens'St. Ry.
Detroit Yii.silanti & Ann Arbor Rv
Di^hton Rock Park Corporation— See Maes.
Electric Cos.. ..
Dighton Soiuersct & Swansea St. Ry. (Mass.
Page
36
36
36
36
36
36
15
16
Elect. Cos,)
D. D. E. B'dway & Bat.— See Third Ave. Sys. 59
Dubuque Light & Trac— See Home Elec. Co.. 37
Dubuque
Street
Ry
37
37
64
40
73
73
Duluth Street Ry
Dundee Place Car Line (Omaha, Neb.)
Dunkirk AFredouia RR...
Daquesne Inclined Plane (Pittsburg. Pa)..
Duquesne Traction—See Consol. Traction
East Cleveland— See Cleveland Electric
astEndSt. Ry.— See Memphis St. Ry
East H. Pass.— See Harrisburg Traction
East Hartford & Glastonbury Horse RR—
See Hartford Street Ry
East Liverpool Railway
East Liverpool & WeUsville Street RR.— See
East Liverpool Railway
East Middlesex St. Ry— See Lynn & Bos. Sys.
EastOakland St. Ry.—See Oakland Tr. Co.
East Omaha Street Ry
EastonA Bethlehem Tran—See Easton Tran.
Easton Consolidated Electric
Easton Palmer & Bethlehem Elec. Ry
Easton Transit
East Penn Traction— See Newtown & Delaware R. Trac
East Reading Elec. Ry—See Reading Tract.
East St. Lovus Electric Street RR
East Side Rv (Portland, Ore.)
East Side Trac. (Syracuse. N. Y.)
Eckington <fe Soldiers' Home Ry.—See City
30
52
42
. .
42
37
37
17
64
64
37
37
37
37
88
70
37
75
86
& Suburban Ry
Edison Elect. III. Co. of Lebanon, Pa.—See
United Power & Transportation
69
Egypt (lU.) Electric
22
Eighth Ave.
See Metrop. St. Ry. Sys.. 58
Electric Ry. Light & Power (Sedalia, Mo.)—
See Sedalia Electric & Railway
84
Electric Traction (Philadelphia, Pa.) See
Union Traction
67
Elgin City Carpentersville <fe Aurora Ry
38
Elgin City Ry.— See E. C. C. & A. Ry
38
Elizabeth Street Rv
38
Elizabeths Westfleld— See PlainfleldSt.Ry. 74
Elmira * Horseheads Ry
38
Elmira Munic. Imp. See El. & Horseh. Ry. 38
Elmira Water, L. &, St. Ry.— See Elmira &
3S
Horseh. Ry
ElmwoodAve. &Ton. Elect.— See Int. Trac. 21
El wood Elect.— See Union Trac. of tnd
9
Empire Pass. Ry— See Union Traction Sys.. 68
EnlJeldA Longmeadow Elec. Ry
87
Englewood & Chicago Electric Ry.— See
Cliicago Elec. Trac
25
Erie City Pass. Ry— See Erie Elec. Motor
38
Erie Electric Motor Co
38
Erie Rapid Transit Street Ry
38
Escanaba Electric Street RR
38
Essex Elect. St. Ry—See Lynn & Boston RR 16
Essex Pass. Ry See Newark Passenger Ry. 46
Evanston (111.) Electric Ry.— See Chicago
CoEsolidated Traction
25
Evansville Street RR
38
Exeter Hampton & Amesbury
38
Exeter (N. H.) Street Ry.— See Exeter
Hampton & Amesbur v
38
RR—
—
. . .
—
—
Fairnaven & New Whatcom Ry.— See
—
. .
Federal Street <fe Pleasant Valley Ry.— See
United Traction Svst«m, Pittsburg
Ferries & Cliflf House Ry—See Market St. Ry.
Findlay Street Ry
First Avenue Rv. (Seattle, Wash )
FishklU Elec. Ry.— See Citizens' Street Ry.
Fitchburg & Leominster Street Ry
Fitchburg & Suburban Ry
Flushing & College Point Elec. Ry.— See
N. Y. <S Queens Co
Flushing & South Shore RR
Fond du Lac St. Ry. & Electric
Fort Clark St. Ry. See Cent. Ry. (Peoria)
Fort George & Eleventh Avenue RR.— See
Met. St. Ry. Sys
Fort Pitt Traction— See Cons'd Trac. (Pitts.)
Fort Smith St. Ry. -See Ft. SmithTr.,L.&P.
Fort Smith Traction, Light & Power
Fort Wayne Consolidated Ry.— See Fort
Wayne Traction Co
Fort Wayne Electric—See Ft. W. Consol Ky.
Fort Wayne & Belle Isle Ry.— See Detroit
Fort Wayne <fc Belle Isle Ry
Fort Wayne Street RR.— See Fort Wayne
Consol. Traction
Fort Wavne Traction Co
Fort Worth <fe Arlington Heights Street Ry.
Fort Worth Street Ry
Forty-second Street & Grand Street Ferry
RR—See Metropolitan St. Ry. System
Forty-second St. Manhatv. & St. Nicholas
Ave. Ry— Sec Third Avenue System
Fountain Head RR.(Kuoxville, Tenn.) -See
Sui-i'LKMKNT of Feb., 1«98.
Fox River Electric Ry. (Green Bay, Wis.)..
. .
Framingham Union
Street
Ry
Frankford & Southwark Passenger Ry.—
See Union Traction System
Frankford Tacony <fe Holmesburg— See
HolmesburgTacbny & Frunkford
Frankrt <fe Suburban Ry. (Frankfort, Ky.).
Frankfort & Utica Street Ry
Seattle, Wash
84
Fulton Elevated— See Kings Co. Elevated.. 21
Fulton Street RR.— See Met. St. Ry. Sys... 58
Fulton Wall <fe Cortlandt St. Ferries RR.—
See Wall & Cortlandt Street Ferries Ry. .. 60
Electric Motor & Power
alveston City RR
Gardner Electric Street Ry
Geary Stree( Park vt Ocean
General Kleotrlo Railway (Chicago. 111.)
Galesburg
40
40
40
82
26
RR
...
Geneva&WaterlooRy.— See Geneva Waterloo Seneca Falls & Cayuga Lake Traction 40
Geneva Waterloo S. F. & Cayuga L, Tract 40
Georgetown & Tenallytown Ry
88
Germant'n Pass. Ry—See Union Trac. Sys. 68
Gettysburg Elec. Rv. —See May, 189'^,Supp.
Glens Falls South Glens Falls Sandy Hill&
Ft. Edward St. RR
... 40
GlenOak& Prospect H'ghtsRy. (Peoria.Ill.) 66
Glen wood & Polytechnic College St. Ry
39
Globe Street Ry. (Mass. Elect. Cos.)
16
Gloucester Essex & Beverly (Mass.El. Cos.) 16
Gloucester & Rockport (Mass Elec. Cos.).. 16
Gloucester Street Ry. (Mass. Elect. Cos.) ...
Grand Avenue— See Metropolitan Street...
Grand River Ry— See Detroit Citizens' St. Ry
GrandSt. & Newtown.—See Bkln.Rap.Tran.
16
47
36
19
Gi-ant Street Electric Ry
84
Great Falls StreetRy
41
Green & Coates Streets Philadelphia Passen-
ger Ry— See Union Traction System
68
Greenfield <fe Turners FaUs Street Ry
41
Greenp. & Loruner St.— See Bkln. Rap.Tran 19
Gwynn's Falls Ry. of Bait.— See United
.
11
& Eleo
41
Hagerstown Railway
ammond Whiting & E. Chi. Eleo. Ry... 41
Hampton & Amesbury St. Ry.— See Exeter
Hampton & Amesbury
38
Hanover Street— See South Shore & Boston 18
Railways
89
Northern Py. & Imp't
Fair Haven & WestvUle RR
Fairmount Park <fe Delaware River Passenger See Germantown Passenger Ry
Fairmount Park <fe Haddington Pass. Ry—
See Hestonville Mantua & Fairmount
Fairmount Park Transportation Co
Fainnount Passenger Ry—See Hestonville
Mantua & Fairmount Passenger Ry
Fall River Street Ry.— See Globe St. Ry....
Fannington Street Railway
Franklin Electric Street Ry
40
Frederick & Middletown Elec. Rv
40
Mfg. & Power Co —See Winston-SaFries
lem St. Ry
91
Front St. Cable Ry.—See Firat Ave. Ry.,
39
55
Harrisb. City Pass.— See Harrisburg Trac.
Harrisburg & Mechanicsburg Electric Ry..
Harrisburg Traction
Hartford Manchester & Rockville Tramway
Hartford & Springfield Ry
Hartford Street Ry
Hartford Turnpike— See United Rys.&Elec.
Hartford & West Hartford RR— See Farmington Street Railway
Hartford & Wethersfleld Horse RR—See
Hartford St. Ry
Haverhill & Amesbury Street Ry
Helena G. L. & Coke—See Helena P. & L...
Helena Power & Light
6^
67
69
16
42
72
82
39
84
39
39
39
49
49
39
66
58
"J
2
39
39
39
39
36
39
39
39
39
58
59
41
39
68
70
39
88
4
2
41
42
42
42
11
42
42
42
42
42
42
Henderson (Ky.) Electric Street Ry
Herkimer Mohawk Uion & Frank. Elec. Ry. 43
Hestonville Mantua & Fairmount Pass. Ry. 68
Highland Av. &, Belt RR. (Birmingh., Ala.) 14
Highland Park & Fruit Vale RR.— See Oak64
land Transit Co
Highland Park Ry—See Detroit Cit. St. Ry. 36
55
Highland RR. (New Albany, Ind.)
15
HiEhland St. Ry—See West End St. Ry
Hlngham (Mass.) St. Ry.— See South Shore
18
ifc Boston
43
Holyoke Street Ry
Holmesburg Tacony & Frankford Elec. Ry.
70
—See United Power & Transportation
34
Home Avenue RR
37
Home Electric Co., Dubuque, Iowa
Homestead & Highlands Street Ry.—See
73
Monongahela St. Ry., PHtsburg, Pa
Hoosac Valley (North Adams, Mass.JSt. Ry. 63
Hoosick Ry.—See Bennington Hoosic Val. 43
43
HorneUsville & Canisteo Ry
43
HorneUsville Electric Ry
43
Hot Springs Street RR
44
Houston Electric Street Ry
44
Houston Heights Electric St. Ry
Houston W.St.&Pav.F.—SeeMetro'nSt.Ry. 57
Hudson Street (N. Y.) Ry.— See Albany &
44
Hudson Ry. & Power
18
HuU StreetRy.— See Hingham St. Ry
44
Huntington RR
15
Hyde Park Elect. Light (Mats. Elec. Cos.
41
Indiana Electric RR. of Goshen
41
ndi ana Electric Ry
Indianapolis & Broad Ripple Rap. Transit44
Ripple Traction
See Broad
44
Indianapolis Street Ry
21
International Traction Co. (BuflFalo)
63
Inter-State Consolidated Street Ry
Inter Urban Traction (St. Louls)-See St
81
Louis Bellv. & Suburban
Inter- Urban R'y.— See Saginaw Val Trac... 79
45
Ithaca Street Ry
45
Jackson Street Ry
45
acksonville (111.) Ry
Pleas. Val... 72
Jack's Run— See Federal St. <fe
45
Jamestown StreetRy
Janesville Street Ry
45
Jasper County Electric Ry. (Carthage, Mo.)
See Southwest Missouri Elec, Webb City. 90
JelTerson Avenue Ry.— See United Rys. Co. 79
Jefferson viUe City Rv
45
Jersey C'y & Bergen RR— See No. Jer'y St.Ry. 45
Jersey City Harrison & Kearney Ry. Co.—
45
See North JerscN St.Ry
Jsrsey City Hoboken & Patersnn
43
Jersey City Hoboken & Rutherford— See
4'^
jT.sey City Hoboken <te Paterson
Johnstown Gloversville & Kingsboro
41
.lohnstown Passenger Ry
46
Joliet Railroad
4b
46
Kankakee Electric Ry
ansas City Cable See Metropolitan St. 47
Kansas City Elev. Ry—See Met. St. Ry
47
Kansas City & Independence Rap. Tran.
Ry— See Metropolitan St. Ry
47
Kansas City & Leavenworth
48
Kansas City Traction— See Met. St. Ry
47
Keyport& Matawan St. RR.—See Middlesex
Monmouth Elec. Light, Heat & Power.. 47
&
«te
68
41
) .
—
PageKinderhook & Hudson- See Albany & Hud44
son Railway & Power
21
Kings County Elevated
20
Kings Co. Traction See Nassau Electric
47
Kingston City RR
KnoxvUle Street RR.— See Knoxville Trac. 47
47
Knoxville Traction
-
Kokomo
City Street
. .
4T
Ry
Lackawanna Valley Traction— See Scranton Hy...
Laconia Street Ry
Laconla & Lakeport
St.
St.
83
47
Ry.— See Laconia
Ry
*X
48
48
Lacrosse CityRy
Lafayette StreetRy
52.
Lake Cities Electric Ry
Lake Out. & Riverside Ry.— See Oswego Tr. 65
Lake Roland El.—See United Rys. A Elec.
13^
Co ofBaltimore
Lakeside Street Ry.— See Duluth St. By..-. 37
Lakeside Rv., Mahauoy City, Pa
Lake Street Elevated RR
Lancaster City Street— See Cones toga Trac.
Lancaster & Columbia— See Conestoga Trac.
Lancaster Traction— See Conesf oga Trac. .
51
26
48
48
.
LansingCity Electric Railway (Michigan)
Lansing Dexter & Ann Arbor Electric Ry.
Leavenworth Electric RR
Leavenworth & Lwusing Ry.— See Kansas
City & Leavenworth Ry
Lebanon & Annville StreetRy
Lebanon VaUey Street Ry.— See United
Power & Transportation
Lehigh Traction (Hazleton, Pa.)"
Lehigh Valley Traction.-See AUentown <fe
LehiKh Traction
Leominster & Clinton St. Ry
Le\ Dgton Avenue & Pavonla Ferry Ry—
.
48
48
48
48
48
48
70-
42
48
48
57
See Metropolitan Street Ry
48
Lexington Railway
Lewiston & Auburn RR.— See Lew. Bruns.
48
& Bath St. Ry
48
Lewiston Brunswick & Bath St. Ry
Lewiston Connecting Bridge.—See Inter21
national Traction
61
Lewiston & Youngstown Frontier RR
49
49
Lima Ry
Llma-Honeoye Light &RR
Ry.— See Lincoln
(Neb.) Street
Neb.), Trac
(Neb.) Traction
Lincoln
Lindell Ry.— See United Railways
Little Rock Traction & Electric
Lincoln
Co
Lock Haven Traction
bombard & South Street Passenger Ry—See
Frankford
Long
& Southwark
I.sland Electric
Pass.
Ry
Ry.— See New York
&
49
49
79
49
49
68'
21
North Shore
Long Island Trac- See Brooklyn Rap. Tr. 18
Lookout Incline & Lula Lake-—See Chatta23
nooga «fe Lookout Mt
29
Loop Road - See Union Elevated
.
30
Lorain <fe Cleveland RR
50
Lorain StreetRy
50
Los Angeles Ry
Ajigeles
Los Angeles Pacific Ry.— See Los
Pacific
RR
Lo 8 Angeles & Pasaden a Elec. Ry
Los Angeles Traction
Louisville City Ry—See Louisville
Louisville
Ry
Lowell Lawrence
&
50
50
50
50
Ry
50
HaverhUl (Mass. Elec.
16
Suburban St. (Mass. Eleo. Cos.)... 16
Lynchburg Electric Co.— See Lynchburg
Cos.t
Lowell
<fe
Electric Ry.
&
50
Light
Lynchburg Electric Ry. & Light
Lynchburg & Rivermont Street Ry
Lyan belt— See Lj-nn & Boston
Lynn & Boston RR. (Mass. Eleo Cos.)
50
50
16
16
51
IWI aeon Consolidated Street RR
Ifi aeon Electric Light & Ry
51
Macon & Ind. Spring Elec. St. Ry. (Ga.)—
51
See Macon Electric Light & Ry
Madison City R.v.— See Madison Elect. Ry. 51
51
Madison Electric Ry
84
Madison Street Cable Ry
Mahoning Valley Ry. (Youngstown, O.) ... 92
Main Street <fe Agricultural Park RR.—See
50
Los Angeles Ry
Maiden & Melrose St. RR.— Boston EL Sys. 15
51
Manchester Street Ry
Manhattan Elevated Ry.—See Investors'
Supplement.
51
Manistee FUer City & East Lake Ry
56
Manufacturers' ER. Co. (New Haven)
Marion City Ry.(Indiana)— See UnionTrac.
901 Indiana
51
Marion Street Railway (Marion, O.)
82
Market St. Cable Co.—See Market St. By
82
Market Street Ry
MarshaUtown (Iowa) Light Power
& By...
Marlborough StreetRy
Maryland Traction— Bee United Railway
Electric of Baltimore
51
51
&,
11
51
Mason mty & Clear Lake Traction
15
Massachusetts Electric Companies
50
Mateo St. RR.- See Los Angeles Ry
McGavock & Mt. Vernon Horse RR-8ee
54
Nashville Street Ry
McKeesp't Wilm'g Duquesne Ry. (Pittsb.) 73
& Raleigh Springs RR.— See MemMemphis
52
phis St. Ry
52
Memphis "treet Ry
54
Menasha & Neenah Street Ry
52
Menominee Electric Light Ry. & Power
Mercer Co. Traction— See Trenton St. Ry... 70
52
Meriden Electric RR
<fe
52
Meriden Horse BR.— See Meriden Elec...
Meriden Southington <fe Compounce Tram. 52
Merrimack Val. St. Ry—See Lowell Law.
rence & Haverhill St. Ry
Metropolitan Elec. See Springfield Tr. (Mo.)
Met. Crosstown RR— See Met. St. Ry
Metropolitan Railway, San Francisco, Cal.
See Market Street Railway
Metropolitan Ry.— See Portland (Oreg.) Ry.
Metropolitan RR— (Washington, D. C.)
16
85
57
82
75
89
INDEX TO RAILWAYS.
Page.
Page.
Flatbush RR.— See
Brooklyn Bapid Transit
19
N. Y. Eliusforcfife White Plains.— See Tarry-
13
Penobscot Central Bv. (Bangor, Me.)
People's Cable Ry.-See Brooklyn Av. (K.C.) 46
Page.
Metropolitan RB— See West End St. Rj'.,Bos.
MetroDolitan St. RR— See Denver City .Tram.
Metropolitan St. Ry.— Kansas City, (Mo.) ...
Metropolitan St. By. (N. Y.)
Metropoltan Traction of Chicago
Metropolitan Tracfn— See Met. St. Ry.,N. Y.
Metropolitan West Side Elevated RR
Miami Valley Ry. (Piqua, Ohio)
Michigan Traction of Kalamazoo and Battle Creek
Middlesex & Monmouth Eleo. Light, Heat
& Power.
Middlesex RR— See West End St. Ry., Bo.st..
Middletown & Bloomingsburg Ti'act.—See
Middletowii-Gosheu Traction
1
34
46
^7
28
57
28
71
46
47
15
52
52
Middletowu-Goshen Electric
52
Middletown—Goshen Traction
Middletown H. & S.— See Harrisb. Traction. 41
Middletown Street Ry
52
Milford (Conn.) Street Ry
52
Milford Holliston <fe Fraraingham St. Ry... 52
Milford & Hopedale St. Ry
52
Millcreek Valley RR
29
Mill vale Etna & Sharpsbiirg Street Ry.— See
Allegheny Traction
72
Millville Traction
52
Milwaukee City— See Milw. Eleo. Ry. & L... 53
Milwaukee Electric Ry. & Light
52
Milwaukee Light Heat & Traction
53
.Milwaukee Racine & Kenosha Electric Ry.—
8e6 Milwaukee Light, Heat <fe Traction Co. 53
Milwaukee Street Ry.-See Mil. El. Ry & L. 52
Milwaukee & Wauwato.«a Motor Ry.-See
Mil. Light. Heat <fe Traction
53
Mineral Ridge iV Niles Electric- See Mahoning Valley
92
Minneapolis & St. Paul Suburban...
81
Minneapolis St. Ry— See Twin City Rap. Tr. 53
Mississippi Valley Ry. (East St. Louis RR.) 37
Missouri RR.— See United Railways Co
79
Missouri Electric Ry. (Kansas City, Mo.)... 47
RR
MobUe Street RR
MoblleLight&
54
54
Mobile & Spring Hill RR.— See Mo. Lt. & RR. 54
Moline Central Street Rv.— See Tri-City Ry. 32
Monmouth Tract.— See "Camden & Trenton. 22
Monongahela Street Railway
73
Montgomery <fe Chester Electric Ry
71
Montgomery County Pass. Ry— See Schuylkill VaUey Trac. Sys
63
Montgomery Street Ry
54
Montgomery Suburban Street Ry
54
Montreal (Can.) Street Ry
54
Motor Line Improvement
37
Mound City RR-See Union Depot RR
79
Moundsville Benwood & Wheeling By. ... 91
Mt. Adams & Eden Pk. Incl. J S^e Cincin- ? ^a
^
Mt. Aubirm Cable RaUway.. ? natl St. Ry. 5
Mt. Clemens & Lakeside Traction— See
Rapid Ry. (Detroit)
36
Mt. Oliver Incline Plane Ry — See P. & B.
Traction system
73
Multnomah St. Railway—See Portland By.. 75
Muncie Anderson & Indianapolis— See
Union Traction of Ind
9
Municipal Traction
34
Muscatine Electric By
54
Mystic Valley St. Ry. (Mass. Eleo. Co.'s) ... 17
fW-anticoke St. Ry.-See Wilk. & W. V. Tr. 70
in ashua Street Ry. (Mass. Elec. Co.V)
17
Nashville & Edgefield RR— See Nash. St.Ry.
Nashville Railway
Nashville Street Ry.— See Nashville Ry
Nashville & Suburban Ry
Nassau Electric RR—See Brooklyn Rapid
Transit
Natick & Cochituate Street By
National Railway, St. Louis, Mo.— See
United Railways Co
54
54
54
54
20
54
79
Naumkeag St. Ry— See Lynn & Boston RR. 16
Needham & Boston (Mass. EUc. Co.'s)
17
Negaunee & Ishpeming St. Ry. & hlectric. 55
New Albany By
55
New Albany St. By—See New Albany By 55
Newark & Bloom field By- See Newark
. .
Pass.
By
Newark (O) Con solidated Electric By
Newark (O.) & Granville Electric Street By.
—See Newark Consol. Electric St. By
Newark & Hackensack Traction
Newark & Irvington By— See Newark Pass.
Newark Passenger By.—See North Jersey
Street By
Newark Plank Boad—See No. Jersey St. By.
Newark
South Orange By.— See North
Jersey Street By
46
60
60
46
46
45
45
<fe
New Brunswick City By
Ne wburg Electric By
Newburg & Orange Lake EB.— See Newburg Electric By
Ne wburyport & Amesbury BE
New Castle Traction
New England Electric Power— See Manchester Street Bail way
New England Street Ry
New Haven & CentreviUe Street Ry
New Haven Street Ry.-See Fair Haven &
Westville RR
New Jersey Electric Ry. —See Jersey City
Hobok«-ii (fePaterson.
New Jersey Traction— See Con. Trac. Sys..
New London Street Ry..
New Orleans & OarroUton RR
New Orleans City RR
New Orl. City & Lake RR.— See N. O. tity..
New Orleans Traction
Newport & Dayton Street Ry— See Cincinnati Newport & Covington Ry
Newport Iiluiiiinat' g— See Mass. Eloc. Co.'s
Newport Street Ry. (Mass. Elec. Cos.)
Newport & Fall River Street Ry. (Mass.
Elec. Co '8)
Newport News Hampton <fe01d Point Ry.See Newp. News & Old Pt. Ry.
Electric.
Newport News Old Point By. <& Electric.
Newton Boston Street By
Newton Street Ry
Newtonvllle
Watertown Street By
Newtown <k Delaware River Traction
Newtown Ry.-See N. Y. & Queens Co. Ry.
<fe
<fe
<fe
<fe
.
45
45
60
60
60
55
51
56
55
55
43
46
56
56
.S6
56
56
32
15
17
17
60
60
61
61
61
88
49
95
New Williamsburg &
'.
town W. P. & Mamar. By
New York i& Harlem RB.-SeeMet.St.Ey.Sys.
New York & North Shore By
New York & Philadelphia Traction
New York & Queens County By., L. I. City.
New York & Staten Island Electric Co
& Conn. TractioQ. —See People's
N. Y.Wostc.
TractionCo
Niagara Falls Park
&
60
58
21
88
49
86
Bivor- See Intorna-
•
.
(
Kansas City
46
North End St. Ry. (New York, N. Y.)— See
Snpp. for August, 1898.
North End Street Ry (Worcester, Mass.) ...
Northern Electric Ry. (Chicago)
North Greenfield & Waukesha Elec. -See
Milwaukee Light, Heat «& Traction
North Hudson County Ry. (Hoboben, N. J.)
North Jersey St. Ry. (Jersey City, N. J.) ..
North Park Street Ry. (Grand Rapids, Mich.)
92
28
53
43
45
—See Feb., 1898, Sopp.
North Side Electric Ry.— See Chicago Con.
Traction
25
North Side Pass. Rv.— See Citizens' Tract.. 72
Nor. Side Trac— See Unit. Trac. (Pittsburg* 72
Northern Railway & Improvement
39
North Woburn Street (Mass. Elec. Cos.)
17
Northern Ohio Traction
7
Northwestern Elevated (Chicago)
28
Norton &Taunton Electric
63
Norwalk Street Ry
63
Norwalk Tramway
63
Norwich Street Ry
90
Nyack (N. Y.) Traction
64
Oakland Consolidated
Ohkland Transit Co
Oakland RR
(Cal.),
Street
64
64
Transit Co
Oakland, San Leandro & Haywards Electric
Ry. Consolidated
Oakland Transit Co
Oalrwood Street Ry
Observatory Hill Pass. Ry.-See Federal St
& Pleasant Valley Pass. By
Ogden Street By— See Chicago Con.Traction
Ogdensburg Street By
Clean Bock City & Bradford Ry
Omaha & Council Bluflfs
Omaha Street Bail way
& Bridge
Market St. By
By.
64
64
64
34
72
25
64
64
64
64
64
Omnibus Cable By— See
8^
Orange Mountain Traction
65
Orange & Newark— See Newark Passenger. 46
Orange Kr Passaic Valley Ry
65
Orleans RR
57
Orleans & Jeflferson By
57
Ossining Electric By
85
Oswego St. By— See Oswego Traction
65
Oswego Traction
65
Bailway Light & Power
Ottawa
65
Ottawa Street Railway— See Ottawa Railway Light <fe Power
65
Ottuin wa Electric & Steam
65
Elec. Ry.-See Ottumwa Eleo.
Owensboro City RR
Oxford Lake Line Anniston, AJ.a. J
Ottumwa
St.
Paducah
Ry.
&
65
6.i
9
(
Light
65
aducah Street Bailway— See Paducah
By. &Light
65
&
Palisades BB.— See J. C. Hobokeu
Paterson
Park City Bailway.- See Bowling Green By.
Park & Cliflf House— See Market Street By.
Park & Ocean BB.— See Market Street By
. .
Lowell Lawr
—
& Hnverb
People's Street Ry. (Dayton. O.)
People's Street Ry See Scranton Ry
People's Traction, N. Y
People's Traction, Phil ,Pa.— SeeUnionTrac
Peoria & Pekin Teriuiual Ry
Peoria & Pekin Traction.— See Peoria &
—
Pekin Terminal Railway
Perry Street Pass. Ry— See Federal Street
& Pleas. Valley Passenger Railway
Petersburg Railway & Electric
Philadelphia & Bristol Passenger Ry
Philadelphia City Pass. Ry— See Union
Traction System
Philadelphia Co. (Pittsburg, Pa.)
Phila. & Darby Ry— See Union Trac. Sys
Philadelphia &Gray's Ferry Passenger Ry
—See Union Traction System
Philadelpliia Traction -See Union Trac ...
Philadelphia & West Chester Traction
Piedmont & Mountain View RaUway—See
Oakland Transit Co
Piedmont Traction— See Petersburg Ry. &
43
18
82
82
50
50
43
& Pikesville RR.— See United Railways & Electric
Pittsb. Allegheny & Manchester Trac— See
United Traction Sysiem
& Birm. Pass Ry.-See P. & B. Trac.
Pittsburg & Birmingham Traction
Pittsburg & Castle Shannon Railroad
Pittsburg Crafton & Mansfield Street Ry—
See West End Traction
Pittsburg (Kan.) Frontenao & Sub. Elec
Pittsburg Incline Plane See Pittsburg &
Birmingham Traction System
Pittsb. V eville Isd. & Coraopolis Pass. Ry.See West End Traction
Pittsburg Oakland & East Liberty Passenger Railway— See Pittsburg Traction
Pittsb. & Ormsby— SeeP. & B. Trac
Pittsb tirg Traction— See Consol. Trac. Sys.
Pittsburg & West End Passenger RailwayPittsb.
—
See West End Traction..
Pittsburg Weir City & Columbus (Kansas)
-See Pittsburg f'rontenac & Suburban..
PittsUeld (Mass.) Electric Ry
Pittston Street Car— See Wilkesbarre & Wyoming Valley Traction System
PlaintteldSt. Railway
P attsburg Traction Co
Plymouth Bridge Co.— See WUkesbarre
—
I
68
68
68
67
64
11
72
73
73
73
73
71
^3
73
73
73
72
73
71
74
70
74
74
70
& Kingston Railroad
St. Ry.— See Wilkesb. & W. V. Tr.
Portland & Cape Elizabeth Ry.-See Portland RR
Portland & Fairview— See City & Suburban
Plymouth
Plymouth
74
74
70
74
of Portland, Ore
Portland(Conn.)St.-SeeMlddletown 8t.Ry.
Portland (Me.) Railroad
Portland (Oregon) Ry
Portland (Ore.) Traction
Portl and A Vancouver Ry— See Portland Ry.
Portland & Yarmouth Electric By
Port Norfolk Electric Railway
Portsmouth (Va.) Street Ry
Pottsville & Reading Ry— See Schulykill
74
52
74
75
75
75
74
63
75
Electric System
Pottsville Un. Trac —See Schuylkill Eleo...
Poughkeepsie City & Wapp's Falls Elec Ry
Powell Street Ry— See Market Street Ry . . . .
Presidio
Ferries
75
77
75
82
83
88
RR
&
Princeton & Trenton Traction
Providence Cable Tramway— See United
Traction & Electric
75
Providence & Taunton Street Ry. (Mass.
—
Electric Companies)
17
Pueolo Electric St. Ry.-See Pueblo Traction
&
76
76
76
Electric
Pueblo Light & Power
Pueblo Traction & Electric
Queen City Rv.— see Dallas
w Electric St. Ry
Qileenston Hei.ghts Bridge — See
ConsoI'd
32
Interna-
tional Traction
Quincy
Qulncy
&
Boston St. Ry. (Mass. Eleo.
(111.) Horse Ry. & Carrying
Cos.).
General
apid Railroad (Detroit)
Rapid Railway
Rapid Transit Line, Knoxville, Tenn.— See
21
17
76
67
36
36
Feb.. 1898. Supp.
Rapid Transit Bailway (Dallas, Tex.)
Rapid Transit St. Ry— See No. Jersey St.Ry.
Reading City Pass. Ry—See Reading Trac...
Reading & Lowell (Mass. Elec. Companies)
Reading&Temple Elec. Ry.-See Read.Trac
Reading Traction—See United Traction Sys.
Reading A Womelsdorf Electric— United
Traction System
Richiiioiid Ry.
&
Electric
.
72
66
Rockford Ry. Light
.
7ft
68
&
Wyoming
. .
43
90
72
66
67
<&
Valley Traction
Plymouth & Brockton See Plymouth
I
66
61
38
65
48
43
66
66
Electric
Richmond Traction
Ridge Ave. Pass. R.v— See Union Trac Sys..
Riverside & Suburban— See Wichita Elec.
Ry.& Light
Riverside H'ark Ry.-See Sioux City Tract'n.
Roanoke Ry. & Electric
Roanoke St. Ry.— Hco Roanoke Ry & Elec.
Rochester City & Brighton— See Roch. By..
RochesterC. AMauitouRR
Rochester & Irondequolt BR
Bochester By
Kochester & Sodus Bay Ry
Bockford City By— See Rockford Ry. Light
43
16
34
83
60
68
66
Pimlico
Railways Company
Pasadena <fe Mount Lowe By
Pasadena & Pac. By.— See Los Angeles Pac
Passaic & Newark Electric Traction -See
North Jersey St. By
46
Pass. * Belt By— See Lexington By
49
Patersoii Central Electric Railway.— See
J. C. Ho))oken <fe Paterson
43
Paterson City Railway— See J. C. Hoboken
<fe Paterson
Pater.-(on Hor^e RR. - See J. C. Hoboken &.
Paterson
Paterson Passaic & Rutherford- See J. C.
Hobohen <fe Paterson
Paterson Railway— See Jersey City Hoboken & Paterson
PawcHtuck Valley Street Ry
Pawtucket St. Ry—See United Trac. <fe Elec.
Peekskill Traction
Peninsular Ry. (Newport News)
Pennsylvania Motor— See Easton Transit..
PenDsylvanla .* Ohio Ry
Pennsylvania Trac— See Conestoga Trac.
Penn St. Pass. Ry— See Citizens' Trac
Penn Yan Keuka Park <fe Branchport Ry.
79
Kingston
Ry.-See
Syndicate— See Oakland
Clean Street By
KailwaysCo
People's Railroad— See Syracuse Rap. Tran. 86
People's St. Ky. (Amesbury, Mass.) See
60
national raction
21
Niagara Falls & Suspension Bridge Ry.See Interiiiitioiuil Traction
21
Niagara Falls Whirlpool <fe Northern By.—
See International Traction
21
Niagiira Gorge
61
Niagara Falls & Lewiston- See Niasr.Goi ge 61
Ninth Avenue KB.— See Metro. St. By. Sys.. 5S
Norfolk Central St. Ry. (Mass. Elect. Cos.) 17
Norfolk * Atlantic Terminal
61
9i)
Norfolk Western
Norfolk (Va.) City RR— See Norfolk St. RB. 61
Norfolk Va.) & Ocean View BB
61
Norfolk Southern St Ry. (Norwood, Mass.). <-'4
Norfolk (Va.) Street RR
61
Norfolk Suburban RR. (Hyde Park. Mass.)
(Mass Elec. Cos.)
17
Norfolk Willoughby Spit & Old Point Electric—See Norfolk & Ocean View
62
Norristown Pass. Ry— See Schuylkill Valley Traction System
63
Northampton Street Ry
63
North Chicago City Ry— See N. Chic. St. RR. 26
North Chicago Electric Ry.-See Chicago
Consol. Traction
25
North Chicago Street RR
26
North Dallas CircuitRy
32
NonheastElec. Ry —See Central Electric of
Oakland
People's Electric Ry.-See Sandusky MUan
82
& Norwalk Traction
85
People's Elec— See Springfield Consol
People's Pass. Ry— See Union Trac. System 68
People's Railway, St.Louis,Mo.—See United
&
Power
& Power
32
46
70
17
70
70
70
76
76
69
91
85
76
76
78
78
44
76
78
78
78
1
.
INDEX TO RAILWAYS.
96
Page.
Page
8 »uth Side El. BB Chicago
Bockford Traction -See Ro( kford Ry. Light
28
78 southwestern Elec By.— See Un ted Bail& Power
waysCo...
79
Rockiiiirliam Klectric— See Exeter Hamp38 Bouthwestern Traction Ry. (Phila,, Pa.)
ton A- Amesltnry
67
West Missouri Electric Ry
South
Rockland it Abington Street Railway— See
90
18 Spokane Elec. Ry —See Wash. Water Pow
Sliore & Boston
South
Syste u
Thoiuaston & Camden Street Ry. 78
Rockland
85;
Rock port Street (VI as.s Elec. Companies).. 17 Spokane & Montrose Motor RR
85
78 apokane Street Ry., etc.— See Washington
RomeCitv Street Ry
Water Power System
Ross St — See P. & B. Trac
73
85
Springfield City Ry— See Springfield ConsolRoxboroujfh Chestnut Hill & Norrlst'n Ry.
Idated Rv
—See United Power & Transportation... 70
85
78 Sprlnirtield (111.) Consolidated Ry
Rutland Street Ry
85
Springfield (Ohio) Ry
86
78 Springfield (Mass.) Street By
^aco River Electric RR
85
78 Springfield El. Ry. (Vt.)
Sacramento Electric, Gas & Railway
86
Saddle River Traction.— See Jersey City
Springfield (Mo.) Traction
85
43 Stamford Street RR
Hot)oken ife Paterson
86
70 Staten Island Elec. BR
Saginaw Consol— See Saginaw Val. Trac
86
79 Staten Island Midland RR
Saginaw Sulturban Ry
86
79 Stein wav Ry.— See N. Y. & Queens Co. Ry.. 49
Saginaw Valley Traction
•'"7
St. Charles St. RR
Stockton lectric RR
86
73 StreatorRy
St. Clair Incline Plane
86
St.Josephi Benton Har. Street Ry. (Mich.) 79 Street Ry. Co. of 6'd Rap— See Cons'd St. Ry. 41
St. Joseph Ry. Light, Heat & Power (Mo.).. '9 Suburb. City Ry.& Imp.- SeeNorfolk St.RR. 61
St. Jo. Trac. & Light— See St. Jo. L. H. & P. 79
Suburban Railroad (Chicago)
29
Belleville Elec.Ry
81 Suburban Traction (see Orange & Passaic
St. Louis
81
St. Loiii.s Belleville & Suburban Ry
Vallev Ry.), Orange, N.J
65
St. Louis Calile & Western Ry— See St. Louis
Suburban Rapid Transit, Pittsburg, Pa
73
81 Summit St. Ry.— See Met. St. By., Kansas
& Suburban Ry
81
St. Louis County Street Railway
City, Mo
47
81 Sunbury & Northumberl'd Elec. By
St. Louis & E. St. Louis Elec. Ry
86
81 Superior Rapid Transit Ry
St. LouisA Kirkwood RR
90
81 Sutro RR
St. Louis AMeramec River RR
83
81 Butter Street Ry
St. Louis & Suburban Ry
83
St. Louis Tracl'n-See Unit d Railways Co. 79 Syracuse RapidTranslt By
86
61
St. Louis Transit
'"acoraa Ry. & Power
86
St. Paul Citv Ry— See Twin City Rap. Tran. 53
M tomaqna <fe Pottsville Electric RR — See
St. Paul & Sub Ry.— eee Minn & St. Paul > q,
Schuylkill Elec. Sys
75
St. Paul & White Bear Railroad
5
87
Salem & Wakefield (Mass. Electric Cos.).... 17 Tarentnm (Pa. Traction
Si i arrytown Wliite Plains & Mamaroneck Ry. 60
Salt Lake Citv RR
82 Taunton & Brockton Street Railway (Mass.
Salt Lake & Mercur RR
(Electrio Companies)
17
82
Salt Lake Rapid Transit
17
82 Taunton Street Ry. (Mass. Rlectric Cos)
San Antonio Edison Co
Taylor Avenue RR— See Unite Railways
San Antonio Rapid Transit— See Alamo
Co
79
82
Heights RR
50
82 Temple Street Cable Ry
San Antonio Street Ry
Terre Haute Electric Ry
87
8'^
San Antonio Gas Electric Light & St. Ry
82 Terre Haute Street By-See Terre Haute
San I>iego i^lec. Ry
Electric Ry
87
Sanford (Me.) ACapePorpoi'ie RR
82
59
San Fr ncisco A S in Mateo Electric
83 Tliird Avenue RR. (N. Y.)
Thirteenth & Fifteenth Sts. Pass. Ry— See
San Gabriel Val Trac. Co. (Los Ang. Cal.). 50
Union Traction System
69
San Pedro Street Rk.— See Los Angeles Ry. 50 Thirty-fourth
St. RR.
) See 34th )
Sandusky & Interurban Elective Ry
82
Thirty-fourth St. Fer.& nth A V. \ St.Cr't'n 5 59
Sandusky Milan & Norwalk Elec. Ry— See
Thirty-fourth St. Crosstown Ry.— See MetSandus-ky Milan & Norwalk Traction.
82
ropolitan St. Ry. System
59
Sandu.sky Street Ry.— See Sandusky & In87
terurban Electric
82 Toledo Bowling Green & Fremont Ry..
Toledo Consolidated St. Ry.— See Toledo
Saratoga Traction
83
8''
Traction
Savannah Traction See Sav. Thunderbolt
Aisle of Hope
83 Toledo Elec. St. Ry.— See Toledo Traction. 87
PeiTysburg
Savannah Thunderbolt & Isle of Hope Ry. S'^ Toledo Maumee & Valley Ry Elec. RR ... 87
87
Schenectady Ry
83 Toledo & Maumee
Toledo* Monroe
87
Schuylkill Electric Ry. (Pottsville, Pa.)
75 Toledo Traction By
87
Schuylkill Haven & Orwigsburg St. Ry.—
87
See Schuylkill Electric Ry
75 Topeka Hy
87
Schuylkill Traction (Girardville, Pa
40 Toronto (Canada) Ry
Torrington & Winchester Street Ry
87
Schuylkill Valley Traction (Norristown.Pa.) 63
Transverse Pass, Ry.— See Citizens' Trac... 72
Scranton & Car hondale Traction— See ScranTrenton Passenger Ry.See Traction 8t. Ry. 70
ton Railway System
83 Trenton
(N. J.) Street Railway— See United
Scranton Pass. R'y—See Scranton Ry
83
Power <fe Transportation
70
Scranton & Pits'n Trac— See Scraa Ry. Sys. 84
88
Scranton Suburban— See Scranton Ry
83 Trenton Traction
32
Scranton Ry., formerly Scranton Traction. 83 Tri-City Railway
88
Bea Bench Ky.— See Brooklyn R. T
19 Troy Citv Ry
Seashore Electric Ry, Asbury Park
9 Troy Hill Pass.Ry— SeeFed.St.&P.Val.P.Ry. 72
Seattle City Ry
84 Troy & Lansingburg RR— See Troy City Ry. 88
Tuscaloosa Belt R.v
88
Seattle & Ranier Beach Ry.— See Seattle &
Renton Rn. Co
84 Twenty-eighth & Twenty-ninth Sts. Crosstown RR.—
59
Seattle (fe Renton Ry. Co
84 Twenty-thirdsee Met. St. Ry. System
Av.Elec.Ry— See Oakland San
Seattle Traction (formerly Seattle Consol.
Leandro &
64
St. Ry.)
84 Twenty-thirdHaywards Electric Ry. Cons'd 59
St. Ry.— See Met. St. Ry. Sys.
Bea View RR.— See Brooklyn R. T
19
Second Ave.Pass. Ry— See United Traction. 72 Twin City Gen'l Electric (Iron wood Mich.), 44
53
Second Ave. RR.— See Met. St. Ry. Sys. (N. Y.) 58 Twin City Rapid Transit
Second Ave. Trac—See United Trac. Pitts. 72 ITnion Consol. Elevated RR.. Chicago ... 29
nion Depot RR. (St. Louis, Mo.)— See
Second & Third St. Pass. Ry.—See Union Tr.
Unit d Railways Co
79
System
69
Sedalia <fe Brown Sps.— See El. Ry. L. & P.
84 Union Electric Ry.— See Saratosa Traction 83
Sedalia Rlectric & Railway
84 Union Elevated RR— See Brooklyn Un. Elev. 20
Union Elevated RR., Chicago
29
Seventeenth & Nineteenth Street Passenger
29
By—See Union Traction System
69 Union Loop— See Union Elevated RR
Shamokin A Mt. Carmel Elec
84 Union Pass. Ry.— See Union Trac. System. 6?*
59
Sheboygan Light, Power & Ry
84 I'nion Ry. of New York
71
Shelton Conn.) street Ry
85 Union Rv— See Chester Traction
Union RR— See United Traction & Electric. 76
Shore Line Electric Ry.— See United RailUnion Transit (Chicaeo, 111.)
29
ways & Electric
11
Signal Mt. Ry. (Chattanooga Tenn.)
24 Un. Elec. formerly Un. St. (Dover, N. H.).. 37
5."S
Union Street Ry. (New Bedford. Mass.)
Bioux City & Leeds Electric Ry.— See Sioux
City Traction
85 Union Street Ry.— See Saginaw Val. Trac... 79
29
Sioux City Traction
85 Union Traction Co. of Indiana,
Sioux City Transit— See Sioux City T.ac... 8=) Union Traction (.Jersey City, N. J.)— See
Newark & HackensackTractioQ
46
Sixth Ave. RR-See Metro. St. Ry.Sys
59
67
Sooierville Horse RR— See Boston El. Sys.. 15 Union Traction (Philadelphia, Pa.)
29
Soji) Boston RR— See West End St. Ry
15 Union Transit Co. (Chicago.)
84
Southbridge & Sturhriage St. Ry
85 Union Trunk Line
South Chicago City Ry
28 United Electric Light & Power r-o. (Bait.)—
Hee United Railways & Klec. Co. of Bait.
South Covinifton & Cm. St. Ry— See Cincin
United Power Az; transportation
69
nati Newport & Covington Ry
3
Southern Boulevard RR. See Union Ry ... 60 United Rys. & Electric Co. of Baltimore... 11
United Railways ('o. (St. Louis)
79
Southern Electric By.— See United Rail21
ways Co
79 United RR. (Brooklyn. N. Y.)
United Trac & Elec. (Providence, R. I.)
75
Southeru Light & Traction
82
United Traction (Pittsburg)
72
Bouth Ferry Ry— See Metropolitan Street
United Traction (Reading, Pa.)— See United
Ry., and also Broad w'y &7th Ave.RR
57
Power & Transportation
70
Bouth Jersey Tr.— see Bridgeton & M. Tr... 66
23
South Middlesex Street Ry
85 Urbana & Champaign Ry. Gas & E. Co
88
Bouth Orange <fe Maplewood St. Ry
65 Utica Belt Line Street BR
South Orange & Maplewood Traction
88
65 Utica <fe Mohawk RR
8S
South Shore & Boston Street Ry
18 Utica Suburban -See Utica Belt Line
Bouth Side RR— See Cleveland Elec. Ry
30 Vallamont Traction
91
South Sub, St. By— See Metropolitan St. By 47
84
Valley Street Ry. (Sharon, Pa.)
,
i
'
1
1
I
tfe
i
i
. . .
—
)
Paok.
Van Brunt Street* Erie Basin RR
Virginia Traction— See Petersb. Ry. & Elec.
Wakefield & Stoneham Street Ry. (Ma«8.
Elei-tric ('i>iiii)iinic«)
Wal brook .wynn Oak & Powhatan.— See
United RMlwiiys
&
Electtic
Walden & Orange Lake RR.— See Newburg
Electric Rv...
Wall
&
Ferries Ry. (N. Y.)...
Warren Brookf. & Spencer (Spencer)
»Vashington Alexandria & Mt. Vernon Ry..
Washiuetoii Arlington & Falls Church Ry.
Washington & Geor ge town.— See Capital "Tr.
Cortlandt
St.
Washington & Glen Echo RR
Washington & Great Falls Elec. Ry
Washington & University BR
Wash. Traction & Elec
Wash. Westminster <fe (iettysburg RR
Washington Water Power, Spokane
Waterbury Traction
Watertown & Brownville Street Ry—See
21
69
IT
11
60»
60
85
8989'
89'
89*
89
9088-
13
85
90
90'
Black River Traction
Waterville & Pairtleld By. & Light
90
Watervliet Turnpike <fe RR.— See Albany Ry. T
Waukesha Beach Electric— See Milwaukee
Lliiht, Heat & Traction
53Waukesha Electric— '^ee Milwaukee Light
.
Heat&Traction
53
Waverly Sayre & Athens Traction Co
9(>
Waverly & Woodstock Electric Ry— See City
& Suburban Ry
74
".
&
Boston St. Ry
Westchester Electric— See Union Ry. N. Y.
West Chicago Street RR
West Chicago Street RR. Tunnel—See West
Chicago Street RR..
West End Passenger Ry— See Franklord &
Southwark Passenger Ry
Wellesley
61
60*
2626-
68
82^^
West End Street Car
West End Street Ry.—Boston
15
West End Street Ry.— See Denver City RB. 34.
West End Street By. (Knoxville,Tenn.) —See
Knoxville Traction Co
47
West End St. By.— See Conestoga Traction. 48West End Traction, Pittsburg, Pa
73:
Westtield
&
74
Elizabeth
West Jersey Traction (Camden, N.
J.)
•»
WestPhiladelphia Passenger By— See Union
2
Traction System
6©
West Pittston & Wyo. St. Car— See Wilkesb.
W. V. Trac
&
70
West Boxbury <fc Boslindale Street Railway
(Mass. Electric Companies).
18
West Seattle Cable
84
WestShoreRy. (New Haven, Conn.)
56
West Hhore (New Orleans)
56^
West Side Rapid Transit
82:
38West Side RR. (Elmira, N. Y.)
West Side Street Ry—See Milwaukee Elec.
Ry &
5»
Light
West Street & North End
Ry
84
Wheeling (W. Va.) & Elm Grove RR
91
Wheeling (West Va.) Rv.
91
White Line St. Ry.— See People's St. Bv.
Elec.
34
(Dayton)
White Line Traction (Paterson).— See
Hoboken
J.
C,
43
Paterson
<fc
Whitestoiie & Col. Pt.— SeeN. Y. &No. Shore.
Whitman St. Ry.— See Brockton St. By
Wichita Ry. Light & Power
Wilkestiarre Dallas <fe Harvey's Lake Ry.See United Power & Transportation
2
Ift
91
71
.
.
'
. .
'
—
8«« Will^^^^-
& li^gfton f
fraction.
do
& West Side
Wilkesbarre & Wyoming Valley Traction^"do'"-
i
J
I
See United Power >v Transportation
Williamsport Passenger Ry
Willamette Bridge Railway— See City
Suburban Railway
Wilmington Ciiy Electric— See
Power & Transportation
Wilmington
Ches. Trac
Wilmington
Electric
(Del.)
City
70'
&
91
74
United
Ry.— See Wilm.
&
71
71'.
(Del.)
& Brandy wine
Springs
Ry
Wilmington & Chester Traction Co.— See
United Power & Transportation
Wilmington * New Castle Elec. Rv. (DeL)..
Wilmington (N. C.) Street Ry
Winchester Avenue RR
Winuisimmet RR— See Lynn & Boston Sys.
Winaton-Salem Railway & Electric
Wissahickou Elec— See Roxb'f^h, Chestnut
Hill & Norristown
Wohurn & Reading '.Mass. Electric Cos). ..
Woonsocket Street Ry
Worcester <fc Blackstone Val. St. Ry
Worcester & Clinton St. Ry
Worcester Consolidated Street— See Worcester Traction System
Worcester Leicester & Spencer St. Ry.— See
Worcester si Suburban
Worcester & Marlborough Street Ry
Worcester & Millbury St. Ry.— See Worcester & Suburban
Worcester <fe Suburban Street Ry
Worcester Traction
Wyatt Park Ry.—See St. Joseph Trac. Ry.
91
71
91
91
5617'
91
72
18-
91
91
91
92
92
91
92^
92
92'
Li^fht Heat <fe Power
Wyandotte & Detroit River Ry
enia Rapid Transit
37
34
Vonkers RR.— See
60-
X^
Third Ave., N.Y
or k Road Turnpike See United R' ways
& Elec
York Street Ry
Youngstown Street Ry. See Mahoning
Valley Electric
ry anesville Elec. Ry
—
80-
IL
92
92
92;
@FedFRASER