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Street Railway
S U P P LE M E N T
------ OF T H E -------
Q M m e r c ia l & F in a n c ia l C h r o n ic l e .
[Entered according to Act of Congress in the year 1898 toy W ill ia m B. D a n a Company , in the office of Librarian of Congress, Washington, i>. 0,1
NEW
Str e et
R a il w a y
YORK,
NOVEM BER
Supplem ent.
T he Street R a il w a y Supplement is furnished without eZctra charge
to every annual subscriber of the Commercial and F in ancial
Ch ro nicle .
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without extra charge to every subscriber of the Chronicle .
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out extra charge to every subscriber of the Chronicle .
Terms for the C hronicle , including the four Supplements above
named, are Ten Dollars per annum within the United States and
Twelve Dollars (which includes postage) in Europe.
WILLIAM B. DANA COMPANY, PUBLISHERS,
P ine S t ., corner P earl S t ., N e w Y ork .
CO NVERTIBLE CARE
The open or closed car question is one of the oldest
that street railroad managers have had to deal with
and at the present time it is still one of the most
troublesome. What is wanted is a car that is strong
and well built and convertible from the open to the
closed type and vice versa. This, however, is only
stating the problem, and does not indicate how it is
being solved. Not very much has been done in that
direction. As a matter of fact the ingenuity of the
car designer has not yet succeeded in planning a car
that is anything like satisfactory or has given prom
ise of coming into general use. Y e t the necessity for
such a car is constantly becoming more pressing. The
railroads, to induce travel, are compelled to provide a
sufficient number of open cars in summer and well
protected closed cars in winter. This, it is obvious,
requires a practical doubling of the equipment owned,
a large part of which lies idle a good portion of the
year, the interest upon such waste investment often
representing a good share of the year’s charges.
The difficulty remains of providing suitable cars for
all kinds of service in the different seasons of the year.
As the case stands the open car is necessary to attract
travel in summer, but is objectionable because it
gives little protection to passengers in storms, and
at times of unseasonable cold, when it is quite im
possible to house the open-car equipment or any
considerable part of it, and bring the closed cars
into service immediately.
Moreover, the regula
tions of many cities regarding the running of
open cars are harassing, disarrange schedules and
cause confusion in many ways. Street railroad man
agers therefore have been eagerly seeking a car that
besides being well built and otherwise satisfactory
shall also have the decided advantage of being prac
tically “ convertible.”
So far such a car has not
been brought out. There have been any number of
attempts to meet the want of street railroads in this
26,
1898.
promises to meet the general demand.
The Metropolitan Street Railway Company of New
York City has recently pat in service on some of its
electric lines a car which follows a pattern that has
found considerable favor in some sections of the
country. This is practically a double car, being part
open and part closed, so that passengers are offered
a choice of accommodations. But this is only a
partial solution of the difficulty. Other companies
have built cars with transverse seats and very large
windows; but this again does not go far toward reach
ing the desired end. Of all the so-called convertible
cars that known as the Duplex seems to meet with
the most approval. Its outward appearance, however,
is rather clumsy, and although it has been on the
market several years no very great progress seems to
have been made in extending its use.
One of the Brooklyn roads has in the past few months
built a number of cars which can be run closed or
open, as may be deemed expedient, and the company’s
officers seem to regard them favorably. These cars
are arranged so that they can be entered only from
one side by five sliding doors, which in summer re
main open and in winter are kept closed, except
for ingress and egress.
They
are warmed
by heaters placed under
each seat.
This
car, while having certain distinct advantages
does not seem to have altogether satisfied the com
pany’s patrons, and it is objected to by the conductors,
who have to collect fares by moving along a narrow
footboard on the outer sids of the car. Another of
the Brooklyn companies announces a design for a
convertible car which it claims will prove thoroughly
satisfactory, but so far no cars of this type have been
in service. Whatever success it may have it is certain
that the present type of cars, involving nearly a
double investment in equipment, i3 by no means
final, but will be developed until a car is evolved
which will be equally applicable and satisfactory in
winter and summer service.
STREET R A ILR O A D ORG ANIZATIO N.
The transformation of the street railroads of this
country into electric lines has been Coincident with
consolidations of the roads, and in the larger cities
these have become comprehensive systems. The
travel and revenue of a number of such compa
nies exceed similar figures of steam railroads of con
siderable size, and the present development of these
4
STREET
RAILWAYS.
organizations calls for quite a complex character. The
old horse-car lines probably represented one of the
simplest forms of corporations.
Little executive
direction was needed, and the superintendence of the
line was largely an adjustment of a limited number
of cars to the traffic requirements and the care of the
animal stock.
Mechanical power at once introduced delicate prob
lems of operation, and the possibilities of electricity
in speed and carrying capacity opened a new field for
street railroads and magnified their importance. The
financial management of the larger of such compa
nies, their general administration and the direct con
trol of the operating power, require men of high talent
in these various branches, and within the compara
tively short period since the introduction of the elec
tric railway a body of trained officers has been devel
oped with special experience for their management. As
in the early history of steam railroads, the work has
largely created its own first administrators who oc
cupy a new and growing field in human industry.
The change in the management of new industies
from methods more or less resembling those of rule
of thumb, to a scientific basis, may usually be fairly
represented by the growing attention to the results of
operation as expressed in carefully kept statistics.
The reports of the formal discussions at the conven
tions of the associations of street railroad managers
of recent years show the tendency here indicated,
and it has brought out valuable information as to
operating costs not otherwise obtainable. It may be
mentioned that probably the most important paper at
the recent Boston meeting of the American Street
Railway Association was one devoted to a comprehen
sive review of operating costs.
As illustrating how important an element these sta
tistical records have become, we may instance some
of the tabulations as to the traffic and items of
operating cost which the manager of a large street
railroad corporation considers it essential to have
regularly prepared for his guidance in checking the
development of business and the effect on expenses of
various policies. He has, for instance, submitted to
him monthly, detailed information on such items as
the following among many others.
(1) Humber of cash, half fare, free, and total of all
passengers; (2) receipts from passengers, cost of oper
ating railroad per total of passengers carried, railroad
operating cost, total of all operating cost, and ratio of
expenses to receipts; (3) total passenger income and
total receipts from sales of power; (4) cost of power
sold, of all power produced, including repairs and ex
cluding repairs, cost of transportation, wages, etc.;
(5) daily average car miles per car, total car miles, re
ceipts from passengers per car mile and cost of rail
road operation per car mile; (6) average number of
cars operated, daily average cost of operating per car
and daily average receipts per car on the whole sys
tem and for each of the operated lines; (7) cost of re
pairs and maintenance of rolling stock and of main
tenance of way, amount of damages paid and expenses
of the general office; (8) total k. w. hours of power
sold, total k. w. hours for railroads and shops, and
total k. w. hours output of station; cost per k. w. hour
of power sold, including all expenses chargeable, the
total number of barrels of oil burned and k. w. hours
per barrel of oil burned.
For his own convenience and ease of reference these
figures are prepared and preserved by the graphical
chart method. With them regularly at hand he is
enabled to systematically check the changes of traffic
on his line by stated periods, and also note variations
in operating expense details such as could not be done
with general totals. The direct benefit of managing
a road by the study of a table of figures, as it has
been called, may be shown in the saving thus effected
in a few items of operating cost. The charges of
power per kilowatt hour have been reduced by
changes suggested by such detailed figures nearly 45
per cent; monthly rolling stock repairs have been re
duced over one-half and maintenance of way cost
nearly as much. The detailed figures of fuel burned
and other items relating to power cost led to the in
stitution of methods which reduced the fuel cost very
largely, and increased the power secured 60 per cent.
Again, the effect of better track and equipment con
ditions is easily followed in the daily mileage of cars
and in other accounts.
The total of the savings which it has been possi
ble to,work, out through these tests is equivalent to a
reduction of about four cents per car mile run. The
experience of managers of other street railroads, and
of steam roads as well, is that the trouble and
slight cost of such records and statistics are well
repaid.
DOUBLE-TRUCKED CARS.
Up to a very recent date street railway cars had
been built only with a single rigid truck. An infinite
variety of special forms is in the market, for the
truck problem is one of the most serious which street
railway officers have before them. Comparatively re
cently there has been a rather extensive use of double
swiveled trucks, this development following the build
ing of the long cars, which are in growing favor with
many managers.
The gradual increase in the length of car has been
met by also lengthening the wheel base of the fourwheel truck. This, however, has accentuated certain
disadvantages in this form of truck and created new
difficulties. A short wheel base for trucks is usually
essential on street railroads because of the many sharp
curves. On the other hand the longer car requires a
wide wheel base to prevent undue oscillating, a diffi
culty which has grown with the use of longer cars.
The trucks are overloaded and cause an excessive dam
age to the track. In spite of all this and other im
perfections the four-wheel rigid truck has been tenac
iously clung to, and even in Hew York City, where
the peculiar demands of an extraordinarily heavy
traffic have required the best attainable in construc
tion and equipment, all but a small portion of the
cars are still mounted on single trucks. The use of
double swiveled trucks, one at each end of the car, as
in steam railroad practice, is however growing more
familiar.
With double trucks oscillation is entirely done away
with. Oars are not limited in length by the question
of the maximum load the trucks will carry, or as to
the radii of curves the rigid type will pass; the dead
weight can be increased to a considerable extent if
desirable, so that the framing can b*i made stronger
and a more substantial car in every way secured;
of course this means that the wear and tear
on equipment of present service will not be so ex
cessive as with the usual type of more lightly ouilt
cars.
STREET
RAILWAYS
IN T E R -U R B A N R A ILRO AD S .
The building of electric street railroads has pro
gressed so fast in this country that there remain very
few cities where it can be said any real need exists for
such lines, or where there is any assurance that the
traffic likelv to be attracted will give a legitimate re
turn on the investment. A good deal of new mileage
is, however, being constantly built, much of it exten
sions to exis ing lines, but a considerable portion of
the work is outside city limits, in the building of interurban lines connecting several towns and cities which
have been dependent on steam railroad services, or
have not had direct railroad connections.
The development of electric power and its possi
bilities in the way of long transmission removed any
limit to such lines in the matter of distance. Some
thing has been done toward connecting Chicago and
Milwaukee by an electric railway, and a considerable
sum was spent on construction work between Balti
more and Washington, although that project has been
abandoned. A great many of these inter-urban lines
serve a useful purpose, increase the facilities for inter
communication between the places they connect,
build up the country along their lines, and secure
traffic which returns a profit on the investment and
justifies their building. Cn the other hand, the pro
portion of ill considered schemes of this character
which fail of fulfilling the expectations of their
projectors must be very considerable. The tendency
to over-estimate the amount of travel between
two or more adjacent towns is natural, and when
it has been developed more or less by steam
railroads the temptation seems especially great
to have a competing line under the generally
mistaken assumption that such traffic is directly pay
ing, and that enough can be diverted to the electric
railroad to make the possible profits quite large.
The suburban business out of the larger cities has been
seriously cut into by competition of this nature, and
such service, which cannot be altogether suspended,
thus often becomes a considerable burden to the com
panies concerned in it. The steam railroads of Chi
cago, which have a highly developed suburban ser
vice, have seriously felt this electric competition and
also those at St. Louis, Boston and other cities, and
the lines entering New York from New Jersey.
The conditions affecting short-distance suburban
travel seem to be generally favorable to the competi
tion of the electric surface lines, and to the success of
many such roads may probably be attributed the
larger plans of connecting cities considerable distances
apart. There can be no doubting the assertion that
more of these roads have been built than has been
wise. Many of them, however, have found a useful
service in developing local travel which could not be
served by the steam railroads, and in this way the socalled inter-urban, or through business, which fre
quently is put forward as of first importance at the
time of building the road, is of only minor consequence
in contributing to the actual travel or earnings of the
road when in operation.
Street railroad statistics are not available in as
complete form as for steam railroad operations, so
that it is rather difficult to bring forward actual
figures bearing on this question. Some general facts,
however, have been recently published regarding the
class of traffic on a number of long inter-urban roads
in various sections of the country which confirm the
5
statement that usually the through travel is only a
fraction of the total on such lines. Between St. Paul
and Minneapolis, for instance, where local conditions
offer peculiar opportunities for travel from city to
city, only about half of the passengers carried by the
electric lines make the through journey, while in the
summer excursion season the local traffic accounts for
much the greater proportion of the total. On the line
between Buffalo and Niagara Falls only about 42 per
cent of the travel is classed as through, although
one terminus is the point of greatest interest for
tourists in th s country. The officers of the line
between Milwaukee and Kenosha, 35 miles in length,
report the proportion of through travel as about one
in fourteen passengers; in further exemplification of
the preponderance of local travel, they state that
as many as one hundred stops are frequently made in
the journey between Milwaukee and Kenosha.
A
company at Birmingham, Alabama, operating three
lines, between seven and 13|-miles in length, radiating
from that city through the many mining towns, re
ports about 60 per cent of its business as local.
In
fact, out of about a dozen inter-urban lines, but three
report their through business in excess of their local
travel.
It seems a fair conclusion from the experience which
is available that the travel from town to town is not
very great unless under exceptional circumstances,
and that where the distance is above a few miles the
steam railroads are well able to retain the larger share
of such traffic as there may be. Inter-urban railroads
have been successful where they are so located as to
build up new territory adjacent to towns whose resi
dents have frequent or regular necessity for coming
and going to such towns, thus creating a new traffic
not likely to seek other facilities. The travel from
town to town is seldom of such consequence as to
make it advisable to venture an investment of any
moment, even where there is no competition with
steam railroads.
THE GROWING USE OF LONG CARS.
The introduction of electricity as a motive power
on street railways did not immediately result in any
material change in car-building ideas. The old type
of street car was little if any altered by the introduc
tion of the new power, except t >slightly increase its
length. In this the early history of the electric rail
way furnishes an interesting parallel to that of the
steam railroad. The first steam cars were little more
than the bodies of the stage coaches which they were
supplanting as a means of distant communication,
swung on low trucks and running over rails instead of
on the highway.
The heavier strain which electric service imposed
on car bodies greatly shortened the life of the earlier
cars and easily destroyed them. Increased care was
demanded in design and construction; but alterations
in general were not thought to be necessary. The
progress of the electric railway has, however, de
manded a better adaptation of cars to the severe ser
vice which is now required of them. As a result
street railway cars are more and more approaching
the ordinary day railroad coaches. In a number
of cities, and on long suburban lines, an important
part of the regular equipment has very closely fol
lowed steam car construction, with the same style of
I framing, trussing and even exterior sheathing, so that
I
6
STREET
in construction, in appearance, in length, as well
as in other features, they approximate the lighter
suburban coaches of the steam roads.
An 18-foot car, meaning by that one 18 feet long
over the car body, exclusive of platforms, etc., may
be accepted as the standard length on well equipped
street roads. But the tendency now is decidedly for
a longer car. As illustrating this it may be stated that
the newer cars of ihe Metropolitan Street Railway in
New York City are 37 feet 7 inches long over the
bumpers, with a body length of about 28 feet. These
are not by any means exceptional lengths. Cars with
a 29-foot body are operated in many cities. One of
the roads running through the New Jersey suburban
towns has adopted a 32-foot car as a standard, which
means a car 43 feet in length over all. Cars of this
or nearly equal size are coming into use on the longer
suburban lines.
The large city roads with heavy traffic and the long
interurban lines are not, however, the only companies
resorting to the use of these long cars. Managers of
smaller companies recognize their decided advan
tages from an economical standpoint. It is pretty
well proved by tests that the cost of power for the
motors on large and small cars is not in any appre
ciable degree dependent upon their size. The unit
may be either a small car or a large one without
affecting the result as to cost. But from the traffic
point of view a large gain in seating capacity is
obtained by a long car without extra expense for
wages, as no larger crew is needed; thus the propor
tion which the wages account bears t^the carrying ca
pacity is much reduced. This is very important be
cause about fifty per cent of the operating charges of
an electric railway are absorbed in wages payments.
Moreover in | rush | hours it is found that with the
longer cars in use the regular equipment will fre
quently accommodate traffic without compelling the
use of extra cars and the resulting extra expense.
STREET TR A N S P O R T A T IO N COSTS I N
NEW YORK
A collection of very important and significant
figures bearing on the cost of operating street rail
roads by electricity, cable and horses has been com
piled by the Metropolitan Street Ry. Co. of New
Y o rt, and is published in the November issue of the
“ Street Railway Journal." These are the only figures
available showing in anything like a systematic way
the comparative working charges by these three
methods of operation.
We summarize in the following table the cost fig
ures reached for the year ending June 30 1898 and
give the car mileage on which the figures are based.
COST PER CAR MILE IN CENTS TEAR ENDING JUNE 30, 18£
Cable.
Electric.
Horse
3 52
0 33
0-72 '
094
0-83
o-39
2 01
1-70
6-40
7-88
6*15
8-49
2-07
1-22
1-87
Maintenance oi w ay...
Maintenance of equip.
P ow er........................
Transportation..........
General expenses......
Total cost....".......
16-42
O e n e r a f ^ ï r ^ c V 11’991*404
car mile—
Gross receipts...........
34-42
O
peratin expenses... 16-42
g
Net earn, from oper.
18 00
10-23
Total.
1*60
0-66
3-95
7-81
1-81
17 87
7' 110’° 90 15’" 4*912
26-99
10-23
27-35
17-87
16-76
9 48
29-70
15-83
1 3 .g 7
Supplementary to the above it may be pointed out
that the cable lines were operated for 47’7 per cent of
their receipts, the electric lines at 37*9 per cent, the
horse lines at 65*3 per cent, and the entire system at
53-3 per cent. A ll the figures, it will be seen, con.
firm the greater economy resulting from electric trac
RAILWAYS.
tion. The net earnings of these lines in the period
included in the table were only 1*24 cents less per car
mile than the cable lines, although the gros3 receipts
of the latter were 7*43 cents per car mile greater. In
the three months following June 30 it may be stated
that the net earnings of the electric lines were greater
per car mile run than those of the cable lines. Mak
ing due allowance for the fact that the maintenance
expenses of both the electric and cable lines given
above are below the normal because of their recent
construction, the conclusion seems to be author
ized that electric traction has an advantage o f
about 6*75 cents per car mile over the cable lines in
cost of operation, while it will earn a larger revenuethan cable cars with equivalent mileage. It is estim
ated that the cable renewals alone cost more than
will the electric power when the company’s powerproducing plant has been finally completed.
Statistics compiled on the same basis as those
already given, covering the operations of the Metro
politan Street Railway for the three months ending
with Sept. 30, show even more decisively the saving
in operating cost by electric power over cable and
horses. These results are summarized below, and
will be found especially interesting in conjunction
with the first table.
COST PER MILE IN CENTS THREE Mo' n THS ENDING SEPT. 30, 1898.
Oable.
Alectric.
Horse.
Total..
4-81
0-34
0-69
1-68
1-29
0-95
040
0-86
2.04
1-38
6-80
3-42
7-98
6-47
8 25
7-48
1-44
0-91
165
1-30
Maintenance of w ay .......
Maintenance of eauÎD’ t...
Power......................
Transportation...............
General expenses...........
Total cost..................... 17-56
Car mileage.................. 2,840,383
General exhibit per car
mile—
Gross receipts................. 33-27
Operating expenses........ 17-56
Net earnings from oper’n
15-71
1005
4,059,756
17-89
3,501,088
14-74
10,401,227
2603
1006
28-82
17-89
28-95
14-74
15-97
10-93
14-21
In the year ending June 30 the proportion of mile
age operated by cable to the total was 34*2 per cent,
by electricity 20*2 per cent and by horses 45*6 per
cent. In the three months to Sept. 30 the electric
lines had increased to 39*1 per cent of the total, the
cable lines had fallen to 27*4 per cent and the horse
lines to 33*7 per cent. Taking the two tables together
it will be seen that the operating ratio of the cable
lines increased, that of the horse lines was about sta
tionary, while the operating expense of the electric
lines decreased, as did that for all lines. This de
crease is chiefly owing to the falling off in the cost of
power on the electric lines, this item being only 1 *38
cents per car mile in the three months to Sept. 30,
against 1*70 cents in the year ending June 30.
The above analysis as to electric cost applies, of
course, to the underground conduit system. It must
not be hastily concluded, however, that the conduit
system is generally advisable. The conditions in New
York are peculiarly favorable. The conduit system
can only be profitable in large Gities with a heavy
traffic movement. The initial cost of installation is
enormous— all the way from $50,000 to $100,000 a
mile, according to the nature of the ground and the
pipes that have to be disposed of. No road in a small
town could stand such a cost. Moreover, New York
City and Washington, the only two cities with im
portant conduit roads, have comparatively little rain
fall or snowfall; besides they have carefully cleaned
streets, so that the mechanical difficulties are reduced
to a minimum; they likewise afford the very heavy
travel required to make such a road profitable and
give economies in cost of operation such as we have
instanced in this article.
St r e e t
S E C U R IT IE S
R a il w a y s .
AND
R EPO R TS.
This is one of our four S u ppl e m e n t s . In using the series it is to be remembered that they are inter-dependent
publications, complete only as a whole. I f utilized together, and with the fresh items of news the C hronicle contains from
week to week, the investor w ill have all the information he needs in seeking a safe and remunerative lodgment fo r his money.
Street Railw ays forcibly illustrate this inter-dependence. Such roads obviously rely fo r their income, and therefore in
great part for the value o f their securities, upon the population and activity of the country they serve. Hepce constant
reference to our S tate an d Cit y Su pplem e nt w ill be found necessary by those wishing to purchase the stocks and bonds o f
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 correot estimate of
th e amount of suburban travel a given road commands.
The A bbreviations used in our Street R ailw ay statements w ill be found explained in a table immediately fo llo w in g the
last statement in this Su pplem e nt .
A full I ndex which shows where each railway will be found is also given on the closing pages.
STOCK & B onds —
Date. Interest. Outstanding. Last div., <te.
Stock (see text) par $ 1 0 0 .......
6 Q -F . $1,750,000 Nov.1’98,l^D^
1st Mortgage.................. 1865 5 J.-J.
29,000 Jan. 1,1905
4th Mortgage................. 1880 6 M.-S.
11,500 Moh. 1,1905
32,000 Sept. 1,1913
5th Mortgage................. 1888 5 M.-S.
A K R O N STREET R A I L W A Y & IL L U M I
Consol. M. ($500,000),) 1890
5 g J.-J.
428,000 Jan. 1,1930
N A T IN G — A trolley road.
o' gold $1,000)....... s Interest at Central Trust Co., N ew York.
Gen. M. $750,000, gold. 1897
5g. J.-D.
349,000 June 1,1947
O r g a n iz a t io n —By connection witli the Akron Bedford & Cleveland
Leased line securities—
the road reaches Cleveland, Ohio.
Wat.T.&RR.—St’k $100 .......
^ p . o.
$240,000
.............
R e c e iv e r s .—A ppointed Jan. 13,1898.—George W. Crouse of Akron
1st M. Int. guar..........
1889 6 M. - N.
350,000
May 1,1919
and A. O. Beebe of New York.—V. 66, p. 132. In March, 1898, receiv
2nd M., p. & 1 guar...... 1890 6 M. - N .
.
150,000
May 1,1919*
ers authorized to sell $150,000 certificates for improvemerts. V. 66 ’
STOCK—In 1896 stock was increased from $1,500,000 to $2,000,000.'
p. 573. In April, 1898, judgment was entered for $28,337. Fore"
BONDS—The general mortgage of 1897 is for $750,000, of whioh $349
closure sale expected by Jan. 1, 1899.
000 issued for extension to Cohoes and $401,000 reserved.
STOCK & B onds —
Date. Interest. Outstanding.
Maturity
DIVIDENDS—In 1892, 6 per cent; in 1893, 12 p. c.; in 1894, 6 p. c.;
Stock.......................................................
$1,100,000
..........
in 1895, 6 p. o.; in 1896, 6 p. c.; in 1897, 7 p. o.; in 1898, Feb., l 1 p.o.
«
Receivers’ certificates, ) 1898 6 S-A
60,000
Ondemand
May, l 1 p. o.; Aug., l ^ p. e. and 1 ^ p. o. extra; N ov., I 1 p. c.
^
«
$150,000 authorized... s Interest at Chase Nat. Bank, New York.
Akron St. RR. 1st M......e* 1888 6 F - A
185,000 Aug. 1,1908
ROAD—Company in June, 1898, operated 40 miles of track in city of
Akron St. Ry. & 1 1 Co. < 1896 5 g .J -J
1
1,000,000 Jan. 1,1926
Albany and suburbs, extending also to Troy, Cohoes, Rensselaer and
1st cons.M.$l,500,000,g. ( Trustee, Manhattan Trust Co., N. Y. City.
Watervliet, as follow s:
Interest on consols of 1896 is in default.
Track owned in fee.
Miles. \ Track leased.
Miles.
/ Elec, p r o p e r t i e s ,— Street railways.— . Total both.
—
Mainline and brs. (trolley). 24
|Watervliet Turn. & RR. Co. 16
E a r n in g s — Oross
Net.
Gross.
Net.
Net.
1896, total gross (both properties)...$214,246
$86,117
In June, 1898, application was made for permission to build tw
o
1895..............$55,652
$25,431
133,604
$55,106
80,537
additional branch lines.
1894............. 49,352
21,033
108,355
40,775
61,808
Ear ning s -—3 months ending Sept. 30:
P l a n t —Operates about 22 miles of track in the city of Akron, Ohio
Other
In t,
and suburbs, its line extending to Cuyahoga Falls and Silver Lake
3 mos.
Gross.
Net.
income, taxes, etc. Balance.
1898................... $174,681
$72,044
........
$25,500 $46,545
Ralls 50 and 72 lb. girder and T . On Jan. 1,1897, had 14,000 inoan
18D7.............. .
166,264
69,393
$601
24,165
45,829
descent lights against 7,000 in 1896.
A n n u a l R e p o r t —Years ending June 30th. (See V. 67, p. 951.)
OFFICERS a n d D irectors —P resident, Samuel Thomas, 80 Broadway
1898.
1897.
1898.
1897.
New York City; Treasurer, A. O. Beebe, 80 Broadway, New York City’
Gross earns.$627,5*86 $556,966
Interest.......... $41,795
$27,925
—V. 65, p. 975,1022,1069; V. 66, p. 132, 573.
Net........... 228,(91
208,568 Taxes, etc....... 59,424
52,091
Other income...
8,232
2,168 Dividends____ 122,500
93,750
Netinoome. 236,324
210,736 BaLforyr. sur. 12,604 sur.36,970
A K R O N & C U Y A H O G A F A L L S R A P ID
GENERAL BALANCE SHEET JUNE 30, 1898.
TR AN SIT— trolley ro .
A
ad
Assets.
I
Liabilities.
O r g a n iz a t io n —Chartered in 1894.
Cost of road.............. )
~An oao Capital stock & scrip... .$1,750,000
STOCK & B o n d s — Miles. Date. Interest. Outstand'g. Maturity.
Cost of equipment_> $.¿,047,002 |p-UI1(j e(j debt......................
849,000
..............
StTk,$l,000,000.$100.................................. $1 ,000,000
Stocks & b’ds, other cos. 117,049 [ Int. due and accrued....
2,192
1st mtge., $600,000..
23 1895 6 p. c.
400,000 Sept. 1,1915
17,355
|Open accounts, etc......
52,705
Cash on hand...
West End Trust & Safe Deposit Co. (trustee), Philadelphia.
Open accounts..
23,177
I Profit and loss, surplus.
66,253
Road —I n August, 1897, had 23 miles in operation. Rails 66 lb. T>
Supplies on hand.......
15,206 I
OFFICERS—President and General Manager, T. F. Walsh.
$2,720,1501
$2,720,150
OFFICERS—President, Robert C. Pruyn; Vice-President, A . N. Brady,
Secretary, James MoCredie; Treasurer and General Manager, John
W. McNamara. Assist. Gen. Man. and Pnrohas. A gt., Edgar S. Fassett.
P o p u l a t io n 1890 w as 93,313; i n 1880 w as 90,758;
—V. 65, p. 110,1022; V. 66, p. 132, 809,1042; V. 67, p. 9 5 1 , 954.
AND IN 1870 WAS 69,422.
A K R O N , OH IO .
P o pulatio n 1890 w as 27,601; in 1880
AND in 1870 w as 10,006.
w as 16,512;
A L B A N Y , N. Y .
A L B A N Y H E L D E R B U R G & S C H O H A R IE
E L E C T R IC R A IL W A Y -T o h a trolley road
e
.
O r g a n iz a t io n , E t c .—Chartered Nov. 15,1895, to build a road from
Albany over the Helderburg Mountains to Mlddieburg and Schoharie
Stock (June 30,1897), authorized, $300,000; par $100; paid in $3,000
Bonds (1).
R oad —Albany to Schoharie, 30 miles. In Oct., 1898, construction
was expected to be begun shortly.
OFFICERS—(June, 1898), President, W. H. Burgett, Boston; Treas
urer, Charles E. Bibber, Boston. Office, 71 State St., Albany, N. Y.
A L B A N Y R A I L W A Y — trolley road.
A
ORGANIZATION—Chartered in 1863. Operates 6 lines through prin.
ipal business streets to Troy, Cohoes, Watervliet and Rensselaer.
Has no competition. The Watervliet Turnpike & RR. is leased for 999
years at *2 of 1 per cent on $240,000 stock and 6 per cent interest on
bonds. Owns 16 miles. The Cohoes City Ry., 4 ^ miles (stock, $50,000),is controlled by parties interested in the Albany Ry.
A L E X A N D R IA , V A .
P o pulatio n 1890
w as 14,339; in 1880 w as 13,659
in 1870 w as 13.570.
W A S H IN G T O N A L E X A N D R IA & MT. V E R
N O N RY-— nderground trolley in W in
U
ash gton overh
;
ead trolley
o tsid
u
e.
STOCK & B onds —
Date. Interest. Outstand'g. Maturity.
Stock, $1,000,000 (par $50) .....................
(Î)
...................
1st mort., $750,000, gold.. 1895 5 g. F.-A.
700,000 Aug. 1,1925
Trustee, Real Estate Trust of Phila., pays Interest.
Road .—Operates from Washington, D. C., (13^ St. & Pennsylvania
Ave.) to Mt. Vernon, 17 miles; extensions to Arlington Cemetery and
Rosslyn, Va., etc., 8 miles; total track (May, 1896), 25 miles; standard
gauge T rails. Foreign freight is taken through to Mt. Vernon.
OFFICERS.—President and General Manager, Griffith E. Abbott
Secretary, Frank K. Hippie; Treasurer, J. K. Swartz. Office, Alex
andria. Va., and Washington ,D. C.—V. 61, p. 474.
STREET
8
RAILWAYS
A L LE N T O W N , PA.
P o pulatio n 1890 w as 25,228; in 1880
AND in 1870 WAS 13,884.
w as 18,063;
A L L E N T O W N & L E H IG H V A L L E Y TR ACTIO N— trolley road.
A
ORGANIZATION—Chartered May 31, 1893. Owns and operates 45
miles of electric road in the Lehigh Valley in Lehigh and Northamp
ton counties, connecting the city of Allentown with the boroughs of
Bethlehem, South Bethlehem, Fountain Hill, West Bethlehem, the
Catasauquas and Copley, and the towns of Whitehall, Selgfrieds,
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 w ay connecting
oertain of the above-mentioned towns. The control in the property is
held through 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
charters, including the right of eminent domain.
STOCKS O w ned — The capital stocks of the following companies are
owned, except a portion of the Electric L. & P. stock, viz.:
CAPITAL STOCKS OWNED.
Lehigh Valley Trac’n Co. $75,000 Bethlehem & South Beth
lehem Street Ry. C o... $200,000
Allentown & Bethlehem
Catasauqua & Northern
Rapid Transit Co.1,000,000
50,000
Street Ry. C o .............
Allentown Passenger Ry.
Allentown Elec. L. & P .. 150,000
Qo....................... 200,000
Rittersville Hotel Co. &
Bethlehem & Allentown
Park........................... 100,000
street Ry. Co...... 100,000
The outstanding securities on the property are as follow s:
STOCK & B onds —
Date.
Interest. Outstand’g.
Maturity.
Stock, $4,000,000....................................... $4,000,000 ................. I
Allentown & Leh. Valley (1893 5g. M - S
750.000 Sept. 1,1913
Traction, 1st M., gold.c* < Int. at N. Y. Security & Tr., N. Y ., trustee.
Allent'n & Beth. Rap. T r.. <1891
6g. J -J
500,000 July 1,1911
1st mortgage, go ld....... ( Subject to call at 110 on July 1,1896.
Second mortgage......................
6 p. c.
200 000
See text.
Allentown & Leh. Valley 1 1895
5 g. j _ j
gee text. Jan. 1,1925
OFFICERS—President, Treasurer and Purchasing Agent. J. F. Porter ;
Vice-President, H. C. Priest; Secretary, H. S. Baker.—V. 66, p. 615.
ALTO O NA, PA.
P o pulation 1890
w as 30,337; in 1880 w as 19,710;
and in 1870 was 10,610.
A L T O O N A & L O G A N V A L L E Y E L E C T R IC
R A I L W A Y - A trolley road.
O rganization —I ncorporated Dec. 12, 1892, and April 17,1893, ac
quired by purchase $170,000 of the capital stock of the City Passenger
By. Co.; also owns 18-7 miles constructed under its own charter. Road
opened June 15,1893. Controls Lakemont Park Co., stock $65,000.
STOCK & B onds — Miles. Date. Interest. Outsta’g. Last Div., etc.
Stock, $500,000, $50 ................................ $380,350
...........
1st M. $500,000 gold) 16*3 1893 5 g. J-J 485,000 July 1,1923
$500 and $l,000.o. 5 Sink. fd. 1 p. o. yearly; bds. subj’ct to call at 105.
Int. at Cassatt & Co., Phila., and 1st Nat. Bk., Altoona
Bills payable June 30,1896, $36,382.
City Passenger Ry.—
Stock, par $50............................................ See text.
(1)
1st mortg’e $50,000,)
6
1892
5 J - J 50,000
Jan. 15,1912
$1,000............... r. 5 Interest by Treasurer, Altoona.
Bills payable June 30,1897, $34,057.
Capital stock of Passenger Railway is $200,000, of which on June 30,
1896, $174,550 was owned by Altoona & Logan Valley Electric Ry.
Bonds—Sink. fd. on Altoona <t Logan Valley Electric By. Co. 1st M. 5s
commenced July 1, 1894; not less 1 p. c. par value of outstanding
bonds must be appropriated out of net earnings to retire bonds at o r
below 105 and accrued interest. To Jan. 1,1896, $10,000 of bonds had
been redeemed.
Dividends—In 1896 paid 21 per cent; in 1896-97 paid 2*2 p. o.
*
ROAD—On July 1,1897, was operating 26-2 miles of track, connecting.
Altoona, Bellwood and Hollidaysburg.
ANNUAL REPORT.—For year ending June 30,1897, gross, $83,051;
net, $38,411; Interest, taxes, etc., $27,866; dividends, $9,509; bal.,
surplus, for year, $1,036; for years ending Dec. 31:
1896.
1895.
1896.
1895.
Gross earnings..$90,264 $83,292 Taxes, etc............ $3,350 $3,564
5,000
Net earnings
42,822) -i o -ior Sinking fund........ 5,000
.......
Dividend (2 *2% )___9,446
Dividend reo’d.. 5,074)
8,571
Interest paid
25,000
25,000 Balance for year.. 5,100
The City Passenger Ry. for year ending Dec. 31,1896, had, gross ,
$62,884; net, $14,173 (against $10,381 in 1895); surplus over charges,
$9,991; dividend paid, $6,000.
OFFICERS—President, John Lloyd; Secretary and Treas., C. A. Buoh.
to r$ 2 .0 0 0 % 0 ? fo id ..c* 5 Guaranty
Co”
Y” ^ te e Unfunded debt June 30,1897 (see below )....... ..................... $748,606
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 au
thorized 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
oall July 1,1896; these bonds had not been called in August. The
balance when sold will extinguish the floating debt.
P o pulation in 1890 w as 4,512; in 1880 was 4,298;
The A. & B. Rapid Transit second mortgage for $200,000, securing
and in 1870 w as 4,035.
debt of $200,000 in dispute, has been declared valid (V. 65, p. 1218).
A M H E R S T & S U N D E R L A N D STREET R Y and A. & L. V. in January, 1898, was ordered to pay the mortgage and
O rg anizatio n .—Chartered in 1896 and purposes to build about
interest, $246,200; trustee, Old Colony Trust, Boston.
8 miles of single track from Amherst, Mass. Road in Amherst (about
R oad —In July, 1897, owned and operated 43 miles in the Lehigh
4*6 miles) opened in July, 1897, and to Nov. 1 carried 92,818 passen
Valley, as above described; gauge, 4 ft. 8^ in.; 60 and 70 lb. T and
gers. Stock subscribed for, $22,000. First mortgage bonds for
girder rails; 70 motor cars. In March, 1898, it was reported that ex.
$21,500 issued Feb. 1,1898. In August, 1898, plans for funding the
tension was contemplated from Coplay to Egypt, 4 miles.
ANNUAL R e po r t .—For year ending June 30,1897, gross, $214,845; floating debt and for securing additional power. Receipts for year
1897 8 were “ nearly $18,000,” but the cost of operating was abnor
net, $98,830; interest and taxes, $66,093; balahce over charges for
mally high. President, W. D. Cowls; Clerk, Chas. Edw ards; Secre
year, $32,037. In 1895-96, gross, $238,453; net, $123,894; interest
tary and Treasurer, Moody Harrington; Supt. and Gen. Man., L. A.
and taxes, $87,744; balance, surplus for year, $36,150.
Wheelock.
GENERAL BALANCE SHEET JUNE 30, 1897.
Liabilities.
Assets.
Road and equipment...$1,702,610 Capital stock...............$4,000.000
Stocks other companies 1,954,542 Funded debt................ 1,170,000
Loans.... ......
748,606
A. & B. R. T. leases and
205,252
real estate............... 2,500,000 Purchase account.......
87,436
Electric Light Co........
38,802 Accounts payable, etc.
P o pulatio n 1890 w as 17,336; in 1880 w as 9,466;
92,073
Accts. rec. and supplies.
15,988 Profit and loss.............
AND in 1870 w a s 5,426.
Disc’nt & suspense acc’t
89,275
Cash on h a n d ..............
2,150
A M S T E R D A M
S T R E E T R R —A trolley road.
ORGANIZATION— Chartered Feb. 5,1873. In January, 1896, maps of''
Total..................... $6,303,367
Total...................... $6,303,367
OFFICERS—President, Albert L. Johnson, Mutual Life Building, New an extension from Akin to Gloversville were filed.
STOCK & B onds —
Date. Interest. Outstand?g. Maturity.
York; Sec.and Treas., A. F. Walter, Allentown, Pa.—V. 65, p. 1218.
Stock $250,000 ($100)................................... $250,000 .. . . . . . . . ....
1stmort.,$250,000,gold...c* 1890 6g. A -O 200,000 Oct. 1,1920
Bills payable (Dec. 31,1897)......................
8,390 ..................
interest accrued
do
............. ........
41,000 ................-•
Default—Interest on first mortgage is in default, the October, 1893,.
P o pulatio n in 1890 was 10,294; in 1880 w as 8,975;
coupon being the last paid. Company owns $39,000 of the $200,000
and in 1870 was 8,665.
firsts outstanding.
A L T O N R A I L W A Y & IL L U M IN A T IN G —
R o a d —Owns 4"7 miles of track. Rails 48 lbs.
ORGANIZATION—Organized July, 1895, to consolidate the Alton Elec
L a t e s t E a r n in g s —10 mos.,) 1897-8..Gross, $44,915; net, $11,960
tric Street RR., Light & Power Co., the Alton Improvement Associa .Yi 3MI Dec. 1 to Sept. 30.
+
J1896-7..Gross, 40,566; net,
9,553
tion and the Alton & Upper Alton Horse Ry. & Carrying Co., which
E a r n in g s —For year ending November 30,1897, gross, $49,264; net „
union was perfected August 20, 1895. Franchise runs until 1915. $11,487. In 1895-96, gross, $49,021; net, $10,168. In 1894-95, gross
Population of Alton, Upper Alton and North Alton in 1896 estimated $46,589; net, $6,310.
OFFICERS— President, J.H.McClement; Secretary and Treasurer, T.
at 21,000. Owns Rock Spring Park of 20 acres with lake.
STOCK & B onds —
Date. Interest. Outstanding.
Maturity.
D. Mossorop; Manager and Purchasing Agent, E. F. Seixas. Office. 44
Stock, par $100....................................
$250,000
..................
Broad St., N. Y . City.
Alton Improv. Asso. )
.......
5 M-S
25,000
1899-’04-’09
1st M., cur............ s Interest at Alton Savings Bank.
Alton Ry. & 1 1 1st M., ) 1895 5 g. A -O
1.
225,000
Oct. 1,1915
$250,000, g., $1,000.c* 5 Interest at Manhattan Trust, New York.
ROAD—Owns 9 miles of single track equipped with overhead trolley
P o pulatio n 1890 w as 10,741; in 1880 w as 4,126
and serving Alton, Upper Alton and North Alton. Oars—10 electricand in 1870 WAS 3,126.
motor cars and 5 trail cars. In Nov., 1898, extension to East Alton,
5 miles, reported to be proposed, contract to be let early in 1899.
A N D E R S O N E L E C T R IC STR EET R A IL
EARNINGS—About 60 per cent of earnings come from the railway W A Y . - S e e Union Traction Co. below.—V. 67, p. 224.
and 40 per cent from the light and power plant. For the year ending
U N IO N TR A C T IO N CO.— trolley road.
A
Sept. 30, 1898, the railway and light and power earnings were, gross,
O r gan izatio n .— Chartered Sept. 3. 1897. Commenced operations$77,587; net, after payment of taxes, $32,658; interest, $15,050;
Jan. 1,1898. In July, 1898, absorbed the Anderson Street Railway.
alance, surplus for year, $17,608.
AM HERST,
M ASS.
A M S T E R D A M , N. Y .
A L T O N , ILL.
ANDERSON,
IND.
STKEET
STOCK & B onds —
Date. Interest. Outst’d’g Maturity.
Stock, $300,000; par, $100................................ $300,000 .............
Anderson Elec. Sr. 1st M., g. )
1892 6g. J - J
150,000 July 1 ,’12
($1,000 each) assumed___ o ) Int. at Farm. L. & T. Co., Trus., N.Y.C.
N ew mortg., $600,000, gold,)
1898 5 g. Q-J 450,000 J’ly 1,1918
$500 each.... ...................... > Int. atFarmers’ L.& T.Co.,Trustee, N .Y
R oad —In August, 1898, owned 17 miles in operation from Anderson
to Summitville (where connection is made with the Marion City Ryfor Marion), including 3 miles in Alexandria. Also building from
Alexandria to El wood, 9*2 miles.
B onds Of the new 5s of 1898 $150,000 are reserved to retire the
Anderson Elec. 1st 6s of 1892.
OFFICERS—President, Philip Matter; Secretary, Ellis C. Carpenter;
Treas., John L. Forkner; Mgr., Charles L. Henry.—V. 67, p. 224, 372.
ANN
ARBOR,
P o pulatio n 1890
and
M IC H .
w as 11,071; in 1880 w as 8,061;
IN 1870 WAS 7,363.
A N N A R B O R & Y P S IL A N T I E L E C T R IC RY.
—Absorbed in May, 1898, by Detroit Ypsi. & Ann Arbor. See Detroit.
A N N IS T O N , A L A .
P opulation 1890
was 9,998; in 1880 w as 942.
A N N IS T O N E L E C T R IC C O .ORQANIZATION—Succeeded to the property of the old Anniston City
Ry. in May, 1896, by purchase from Howard W. Sexton, trustee.
In 1898 it was enlarging and improving the plant.
OFFICERS.—President, Treasurer and General Manager, H. W.
Sexton.
O XFORD L A K E L I N E ORGANIZATION—Organized in 1884.
STOCK & B onds —
Date. Interest. Outstand’g. Maturity.
Stock, common ($50 par)............................... $125,000 ...................
Preferred ($50 par)....................................
50,000 ..................
1st mortgage, gold, ($1,000) > 1892 6 g. F -A
175,000
1912
sinking fund................ o* 5Trustee, So. Bank’g & Tr., Atlanta, Ga.
Interest payable at Boston or Atlanta.
R oad —Oxford Lake to West Anniston, 6710 miles; side track, 8J0
miles; total track, 7 12 miles. Eight motor cars and 2 trailers.
OFFICERS—President. Gen. Manager and Pur. Agent, H. W . Sexton.
A S B U R Y P A R K , N. J.
P o pulatio n
op to w nship 1890 w as 8,333 ; in 1880 w as 1,640.
A T L A N T IC COAST E L E C T R IC
R Y . - S e e under
Controls the Seashoi e Eiectrio Ry.
9
RAILWAYS,
city, and bonds oover lighting plant. Population in 1895 said to be
12,690.
STOCK & B onds —
Date.
Interest. Outstandg.
Maturity,
Stock, $300,000 ($100).........................
h - •- v i v a
1st M., $150.000, go ld )
1896
5g. J.-J.
110,000
Jan. 2,1916
($1,000),s.f.,red. 104.o 5 Interest at Old Colony Tr., Boston, trustee.
E ar n in g s —Year endiDg 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.
do—P rAfl.. H W TTarri son ; fiftfl. ri.Tl(ì Treas.. G.
-
A S H T A B U L A , OHIO.
P o pulatio n 1890
w as 8,338; in 1880 w as 4,445;
and in 1870 w as 1,999.
A S H T A B U L A R A P ID T R A N S IT —
ORGANIZATION—Chartered Oct. 7, 1890. According to company
official statement, population of oity in 1895 was 12,240.
STOCK & Bonds — Miles. Date. Interest. Outstanding. Maturity.
Stock.........................................................
$150,000
.............
IstM ., $75,000, gold, ( . . . .
1891 6 g. J - J
75,000 July 1,1911
1,000.............. o*<fcr XInt. at Central Trust Co., Trustee, N. Y. City.
Road —Operates 5 miles of track on 5 miles of street.
OFFICERS—President, F. B. Wagner; Vice-Pres., F. J. Wettach; Sec
retary, Gen, Man. and Pur. Agt., T. Fricker; Treasurer, E. W. Savage.
A S T O R IA ,
OREGON.
P o pulation 1890
w as 6,184; in 1880 w as 2,803;
and in 1870 w as 639.
ASTO R IA STREET R A I L W A Y -A trolley road
.
O rganization —Chartered Nov. 12,1887.
STOCK & Bonds — Miles. Date. Interest. Outstand’g. Maturity.
Stock, $200,000 ...................................... .
$55,000 . . . . .............
1st M., $25,000, gold. 3
1892 6 g. M -N
25,000 M ay 2,1912
Interest is payable at the office of the Security Savings & Trust Co
(trustee), Portland Ore. From 1899 to 1'906 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. N ew ell; Treasurer, F. R. Stokes.
A T C H IS O N , K A N S A S .
P o pulatio n 1890
w as 13,963; in 1880 w as 15,105;
in 1870 w as 7,054.
A T C H ISO N R A IL W A Y , L IG H T & P O W E R -
O RQAN IZATION—Successor in 1895 to the Atchison Railway, Electric
Light & Power Co. In 1897 reported to have purchased Forest Park
A S B U R Y P A R K & SE A G IR T E L E C T R IC RR.
and other property for $125,000. Population, local census of 1895
ORGANIZATION—Successor of the Asbury Park & Belmar Street Ry., was 15,790.
purchased at foreclosure sale in March, 1898, in interest of Atlantic
STOCK & Bonds — Miles. Date. Interest. Outstand’g.
Maturity.
Coast Electric Ry., which, since June, 1897, has operated cars over it 8tk.$300,000,pr.$100............................
$200,000
1895 6 g.
150.000 July 1,1915
under 999 years’ lease, rental being interest on bonds and 6 per oen^ IstM ., gold.... ................
Consol, mortgage..............
1897
____
(1)
..........
on stock.—V. 66, p. 616. Owns 21 miles of track. Stock. $100,000;
*
Trustee of 1st mortgage, Mercantile Trust Co., N. Y.
par, $100; dividends, J-J, first dividend, being payable Jan. 1 , 1899<
Road —Operates 8 *3 miles of track on 8 miles of road.
Bonds are 20-year $50,000 gold coupon 5s, dated March 1,1898, in
OFFICERS—President, J. P. Pomeroy; Vice-President, W. P. W a g
terest, M-S, being guaranteed and payable at Monmouth Trust Co.,
goner; Treasurer, C. S. Hetherington.
Asbury Park, trustee. Bonds are subject to call at 105 at any time.
OFFICERS—President, G. B. M. Harvey; Secretary and Treasurer, A.
C. Twining, 32 Nassau Street, N ew York.
Index —V. 66, p. 616.
P o pulatio n 1890 w a s 8,639; in 1880 w a s 6,099;
L ong B r a n c h , N. J.
A T H E N S , GA.
S E A SH O R E E L E C T R IC R Y .-A troUey road.
ORGANIZATION—Chartered in 1888, and has franchise to operate a
double-traok street railway in borough of Asbury Park for 50 years,
with provisions for renewal at end of that time. Leased in 1896 for
50 years to Atlantic Coast Electric Railway—which owns $150,000 of
the stock and operates this road as part of its system—see under Long
Branch.
STOCK & Bonds —
Date. Interest.
Outstanding.
Maturity
Stock issued and paid in ..........................
$200,000
..........
1st M., $200,000, auth.r C 189 2 6 g J~ * L - . 200>
00-9
19 17
Subject to call at 105 in 1897
gold, guar.
••1Int.is payable at First Nat. Bk., Asbury Park
Atlantio Coast Eleotrio first mortgage 5s for $200,000 are reserved
to retire the above 6s.—V. 63, p. 152.
A S H E V I L L E , N. C.
P o pulatio n 1890
w as 10,235; in 1880 w as 2,616;
and in 1870 was 1.400.
A S H E V I L L E S T R E E T R A I L W A Y - A trolley road.
O r g a n iz a t io n —Reorganized in 18S6-»7 and pref. stock issued.
STOCK & B onds —
Date.
Interest. Outstanding. Maturity.
Stock, common.........................
.......
$100,000
.............
Pref. stock, 6 p. c. cum.............
.......
200,000
1 at M $50 000 ($500)
J 1888
6 J—
J
26,500 July 1,1918
ist m., $ou,uuu (ipouu).-.. ^ interest at Atlantio Trust, N ew York City.
Mortgage..................... c* 1893
6 J -J
73,500 July 1,1903
R oad —Operates between 6 and 7 miles of track.
Earning s »—I n year 1897 gross earnings from passengers were
$38,592. Including other income, $2,163, total net was $5,314, all
applied to betterments.
ASHLAND,
P o pulatio n 1890
W IS .
w as 9,956, and in 1880 w as 951.
A S H L A N D LIG H T, P O W E R A N D STR EET
R A IL W A Y — trolley road.
A
ORGANIZATION—Chartered in February, 1896, as successor to Ashland
Lighting & Street Ry. Owns exclusive electric light and gas rights in
AND
in 1870 w as 4,251.
A T H E N S E L E C T R IC R A I L W A Y -A
trolley road.
ORGANIZATION—Purchased road at foreclosure sale in June, 1894.
New charter granted June, 1895. Has contract to furnish arc lights
to oity; also incandescent lamps to private parties. Uses water power
for generating electricity.
S t o c k & B onds —Capital stock, $50,000, fully paid. Bonds, first
mortgage, gold, $100,000; denomination $500, 6 per cent ooupon,
J. & J-; dated July 1,1896, due July 1,1916. Columbus Savings Bank
of Columbus, Ga., trustee. Interest payable in Columbus or Athens.
E arn in g s —Fiscal year ends June 30. Earnings under water power
for year 1897-8 were $27,045 (being 49% from railway and 51% from
lighting and power); net, $15,708. In 1896-97, partly water, partly
steam, net, $8,376; net, in 1895-96, $4,165; in 1894-95, net, $3,079.
Water power now in use is expeoted to largely increase net earnings.
PLANT—Owns 6 miles of track; 40-lb. T rails; 8 ears; lighting and
powerplant, 700 horse power; 55 miles copper wire on 15 miles ofpoles.
O fficers —President, W. S. Holman; Vice-President, J. Y . Carithers;
Secretary and Treasurer, W. T. Bryan; Superintendent and Purchasing
Agent, 0. D. Flanigan.
A T H O L , M ASS.
P o pulatio n 1890
w as 6,319; in 1880 w as 4,307;
and in 1870 w as 3,517.
A T H O L & O R A N G E STR EET R A I L W A Y —
A trolley road.
O r g a n iz a t io n —This company Oct. 1 , 1897, owned 7 miles of eiectrio
railway, extending from town of Athol to centre of Orange, Mass.
Completed Oct. 1,1894. Its securities, etc., are shown below.
Stock (par $100)....... $60,000 f. p.
Earnings years end. Oct. 1:
IstM . <$1,000), gold, ’94..$60,000
1898.
1897.
5g., J&J, (no option) Jan. 1,1915 Gross............ ...$29,339 $32,550
Our. liabilities Sep. 30,’98. $6,000 Ne.t.................. 10,853
8,980
“ assets Sept. 30,’98...* 6,595 Int., taxes, etc..
5,003 3,271
Dividends.. . . . . .
4,800 4,800
D ividends —In 1895, 5 p. c ; in 1896, 4 p. c.; in 1897, 8 p. o.
OFFICERS—George D. Bates, President, Athol, Mass., Wm. D. Luey
Treasurer and Corporation Clerk, Athol, Mass.
STREET
10
RAILWAYS.
A T L A N T A , GA.
P o pulatio n 1890 w as 65,533; in 1880
AND IN 1870 WAS 21.789.
w as 37,409;
A T L A N T A C O NSO LID A TED STR EET R A IL
W A Y — trolley road
A
.
O r g a n iz a t io n —incorporated in 1891.
STOCK & B o n d s —
Date.
Interest.
Outstanding.
Maturity.
.......
$2,000,000 paid in...........
Stock (par $100)..................
Atlanta St. RR. first ( 1890
6 g. J J .
225,000
1920
gold $1,000............t Interest is payable in New York at 4th Nat. Bk.
Atlanta Consol. St. f 1891 text J . - J .
$1,928,000 July 1,1921
Mortgage, $2,250,-1
Subject to call at 106 after 1896.
000 $1,000 each | Interest payable in N. Y. at Manhattan Tr.;
gold.................... o* I Boston at Old Colony Tr. Co., and Atlanta, Ga.
Income bonds, gold, (1894
8 g .......
$106,000 ) Optional but
*1,000 each.......
\Int. if earned payable at Atlanta. > due 1924.
Incomes.—Issue was $212,000, but $106,000 have been paid.
’i'mds of 1891—In November, 1893, the holders of all but $89,000
bonds agreed to scale the ooupons due in 1894 and 1895 from 6 per cent
to 3 per cent per annum, and for subsequent years to 5 per cent; also
to defer the sinking fund clause of the mortgage so as to make it begin
in 1901 instead of 1896, and to reduce the authorized limit of the mort
gage from $2,500,000 to $2,250,000, including $225,000 held by trus
tee to retire Atlanta Street Railroad bonds. In July, 1898, it was
reported that a plan was under consideration looking to the reduction
of the interest on the outstanding bonds from 5 to 4 per cent, but July,
1898, interest was paid as usual —Y. 67, p. 72.
ROAD—Operates 52 miles of main track and 13 miles of sidings and
second track.
ANNUAL R epo r t — Fiscal year ends Deo. 31, changed in 1897 from
April 30. For 8 months, May 1 to Deo 31,1896, gross, $261,026; net,
$139,391; interest and taxes, $92,051; balance, surplus for 8 months,
$47,340. For the years ending April 30 earnings w ere:
1896.
1895.
1896.
1895.
Gross.............. $491,379 $292,467 General ex p ....$245,201 $169,029
Other income..
6,911
2,378 Interest......... > i qq om 5 92,520
T axes............. S l ö a ’ l£V1 \
9,708
Balance....... sur.119,888 sr.23,588
Ea r n in g s —For years ending June 30:
Cross.
Net.
Taxes.
Interest.
Balance.
1896-7............... $59,849 $26,180 $2,493
$16,145
sur. $7,542
1895-6............... 47,604 15,925
1,082
..........
..........
OFFICERS—President, C. D. Beebe; Secretary and Acting Treasurer,
A. M. Michael. I n d e x —V. 61, p. 749.
A U G U S T A ) GA.
P opulation
in 1890 was 33,300; in 1880 w as 21,891 ;
and in 1870 w as 15,389.
A U G U S T A R A I L W A Y & E L E C T R IC C O - - A
trolley road.
ORGANIZATION—A reorganization in 1896 of the Augusta Railway,
the Augusta Light Co. and the Thomson-Houston Co.
STOCK & Bonds —
Date. Interest. Outstanding.
Maturity.
Stock..........................................................
$600.000
..........
1st mort., $500,000,’ ’¿¿id, 1896 5 g J - J
448,000
1916
Trustee is No. Amer.Trust Co., N. Y. Bonds subject to oall at 105.
E arning s —For 9 months ending Sept. 30. 1897 : Railway, gross,
$68,597 (against $65,430 in 1896); Light & Power, $55,373 (against
$53,491 in 1896); total gross, $123,970; net (of both), $46,634 (agains t
$44,871 in 1896). For calendar year 1897 total gross, $164,887; net,
$67,195; interest on bonds, $22,025; balance, $45,170.
ROAD—Operates 26^ miles of track ; 15 miles of street.
OFFICERS—Pres., D. B. Dyer; Secy., C. B. Reavis; Supt., W. E. Moore.
INDEX—V. 60, p. 391; V. 61, p. 793; V. 62, 820, 907 ; V. 63, p. 115.
A U G U S T A , M E.
P o pulatio n 1890
and
w as 10,527; in 1880 w as 8,665;
w as 7,808.
IN 1870
AUGUSTA H A L L O W E L L
R A IL R O A D — electric road
An
.
&
G A R D IN E R
ORGANIZATION—Organized March 18,1889, under laws of Maine.
STOCK & Bonds —
Date. Interest. Outstand’g. Maturity.
Stock $150,000—$100...................................... $120,000
Text.
1st mortgage for $150,000.... 1890 6 J - J
100,000 July 1,1910
Interest payable in Boston; International Trust Co., Trustee.
Total.
$498,290 $294,845 Consol, mortgage 5-20s.........5 1891 6 J - J
Total............$498,290 $294,845
$50,000 July ’96-1911
Subject to oall in 1896.
(.Interest is payable at Maine Trust &
B a l a n c e S h e e t —On Deo. 31,1896, the balance sheet showed:
Banking Company, Gardiner, Me.
Liabilities.
Assets.
Dividends, 1894-95, 2 p. c.; in 1895-96, 3 ^ ; in 1896-97, 4.
Materials on hand..........
$4,381 Bills payable................. $70,885
Cash items....................
7,305 Accounts payable......................... 29,996
ROAD—Operates from Augusta to Gardiner, 7 miles.
Sundry accounts..........
10,068 Income bond account.... 106,000
ANNUAL R e p o r t —For years ending June 30th earnings were:
Bonds in treasury.........
97,000 Capital stock............ .-.2,000,000
1897.
1896. I
1897.
1896.
Plant.............................4,527,728 ?ond account.............. 2,250,000
$376
$363
Canceled bonds............. 106,000 Gross earnings..$40,840 $41,117 |Taxes, eto..........
Net earnings..... 18,807
16,361 I Bal. for divs...... 9,431
6,998
Profit and loss, sur...................... 83,601
Interest on bonds 9,000
9,000 |Dividends......... 4,800
4,200
Total........................ $4,646,482
Total........................ $4,646,482
OFFICERS—President, J. Manchester Haynes, Augusta, Me.; Secretary,
OFFICERS—President, Ernest Woodruff; Sec. and Asst. Treas., T. K* H. G. Staples; Treasurer and Pur. Agent, G. E. Macomber.
Glenn; Treas., R. J. L o w ry ; Purch. Agent, W. II. Glenn.—V. 63,p. 27;
V. 67, p. 72.
A T L A N T A E L E C T R IC R Y .-A trolley road.
O r g a n iz a t io n —Operated by Atlanta Railway for a division of
receipts. Stock, $100,000; first mortgage gold coupon bonds $30,000,
due 1906; miles of track, 3, and leases Lakewood Park. In March,
1898, sale was ordered.
A T L A N T A R A I L W A Y . —A trolley road.
ORGANIZATION— This company is a reorganization July 1, 1895, of
Atlanta City St. Ry. and the Atlanta Traction Co., foreclosed in 1895.
In Nov., 1898, a Baltimore syndicate, headed b y Middendorf, Oliver
& Co., it was said, purchased entire stock and bonds, and would re
organize the company with $1 ,000,000 stock and $600,000 bonds, of
which $500,000 would be issued and $100,000 reserved. Ten miles of
additional tracks to suburban points, it was reported, would be built
and the property otherwise improved.—Y 67, p. 1054.
STOCK & B onds —
Date. Interest. Outstanding.
Maturity.
Stock, $300,000, par $100..........................
$300,000
.......
1st mortgage, $350,000,) 1895 5 g. M-S
300,000
Sept. 1 ,1925
gold, $500....................> Trustee, Baltimore Tr..&Gu. Co., Balt., Md.
B on ds— $50,000 held by Trustee in escrow for future improvements.
Road —Owns about 19 miles of track on 18 miles of street in city of
Atlanta, Ga., and environs. Also owns 23 acres of unimproved real
estate, 23 motor cars and 10 trailers. Power is supplied by the
Georgia Electric Co. In Oot., 1898, additional franchises were granted
in West Atlanta.
LATEST EARNINGS—9 months, > 1898...Gross, $75,048; net, $22,407
Jan. 1 to Sept. 30.
5 1897...Gross, 67,652; net, 16,978
Surplus over 9 months’ charges, $11,157 in 1898; $5,728 in 1897.
EARNINGS— For year ending June 30, 1897, gross, $84,897; net
$20,065; interest, $15,000; bal., surplus for year, $5,065. In 1895-6j
gross, $89,368; net, $22,740; interest, $12,500; balance, surplus,
$10,240. On July 1,1897, cash on hand, $12,387; accrued interest on
bonds, $5,000, leaving balance of $7,387; no floating debt except
current accounts. In 1897-8, gross, $93,204; net, $19,286.—V. 60,
p. 927,1143; V. 67, p. 1054.
A U B U R N , N. Y.
P o pulatio n 1890 WAS 25,858; in 1880
and IN 1870 w as 17,225.
w as 21,924;
A U B U R N CITY R A I L W A Y — A trolley road.
ORGANIZATION—Chartered Oct. 1,1886. In 1895 the old lines were
re-built and extensions made. The company owns Lake Side Park,
about 33 acres on Lake Owasco. Population of Auburn in 1895 is
said to be about 30,000.
STOCK & B onds —
Date. Interest. Outstand’g. Maturity.
Stock (par $100) $300,000............................. $300,000 .............
.
1 st M., $300,000 ($1,000).c*> 1895 6g. F - A
300,000 Aug. 1,1925
red. Aug. 1,1905, at 105.. > Int. at W. End Tr. & S. D. Co., Phila., tr.
Bills payable June 30,1897............................
49,475 ...................
Profit and loss deficit June 30,1897, $31,029.
ROAD—Owns 13+ miles of track extending along Seward Avenue,
North Street, eto. and from Genesee Street to foot of Lake Owasco,
AURORA,
P o pulation 1897 ( estimated )
ILL.
w as 25,000; in 1890 w as 19,688; in
and in 1870 w as 11,162.
1880 w as 11,873;
A U R O R A S T R E E T R A I L W A Y . —A n electric road.
ORGANIZATION—Chartered in September, 1890. Successor by pur
chase to Aurora City Railway. Franchise (extended in 1896) running
till 1916 without exclusive rights.
STOCK & BONDS—
Date. Interest. Oust’d’g
Maturity.
Stock ($300,000 authorized)......................... $300,000 ..................
1st M. for $300,000, gold, $ 1890 6 g. A -O
300,000 Oct. 1,1910
not subject to o all....... c* ( Interest at Cent. Tr. Co., Trustee,N.Y.O’y .
^Bonds—The trustee holds 2,988 shares of Aurora City Ry. stock fo r
benefit of the bonds.
R oad —Operates 16 miles of track, of which 2 miles are double track .
Year ending March 31,1896, gross, $69,111; net over taxes, $7,036 ;
year ending March 31,1898, gross $64,781.
OFFICERS—President & Treasurer, R. B. Dodson, 2 W all St., N. Y ;
Vioe-Pres., H. C. Tinker; Gen. Man. and Purch. Agent, D. A. Belden.
A U R O R A
&
G E N E V A
R Y .—O r ganization Char
tered July 29,1896, to build from Aurora to Batavia and Geneva (1 (>
miles), connecting with the Elgin City Oarpentersville & Aurora. Lina
Aurora to Batavia, 7 miles, is in operation, and one-mile additional has
been built.
STOCK_
Date. Interest. Outstand’g. MaturityStock ($100,000 authorized). .....................
$88,000
................
Year ending Oct. 31,1897, gross, $24,474; net, $13,589.
Officers—President, William Fahnestook^ Treasurer, R. B. Dodson, 2
Wall St., N. Y.; Seo’y and General Manager, D. A. Belden, Aurora, 1 .
11
A U S T IN , T E X .
P o pulatio n 1890
w as 14,575; in 1880 w as 11,013;
and in 1870 was 4,428.
A U S T IN R A P ID TR A N SIT
R Y . - A trolley road.
ORGANIZATION— Chartered in 1890. Ira H. Evans appointed receiver
February 23,1897. Interest is in default.
STOCK & B onds —
Date. Interest. Outstand’g.
Maturity.
Siook.....................................
............
$350,000
.............. .
1 si mortgage... . . . . . . . . . . 1891
6 M-S
343,000
Sept. 1,1921
International Trust Co., mortgage trustee, Boston.
ROAD—Operates 13*34 miles of track on 10*27 miles of road.
OFFICERS—President, F. H. Watriss.—V. 64, p. 422.
B A B Y L O N , N , Y.
P o pulation
in 1890 w as 6,035; in 1880 was 4,739.
R R . —Chartered April 15,1871.
ORGANIZATION.— Owns and operates 1*53 miles, extending from
State Dock on Great South Bay to L. I. RR. Depot. To be extended %
mile to the village limits to connect with Babylon & North Shore RR.
Operated since July 31,1898, by Kinetic stored steam motors. Stock f
$25,000; par, $25; all issued. Bonds, 1st mortgage 30-year gold 5s,
B A B Y L O N
STREET
RAILWAYS.
311,000 each, dated June 1 , 1898; authorised, $150,000; outstanding,
$27,000; interest at Metropolitan Trust Co., Trustee. President,
Arthur P. Dodge; Secretary, Francis J. Oppenauer; Treasurer, Janies
^ 0 . Young, N. Y. Office, 27 William Street.
11
B A L T IM O R E CITY P A S S E N G E R R Y .-
ORGANIZATION—Incorporated Feb. 13, 1862. In September, 1897,
purchased all the $300,000 of bonds of the Baltimore Middle River &
Sparrows’ Point Electric Ry.—V. 65, p. 410. In January, 1898, control
B A B Y L O N & N O R T H S H O R E RR.-To be oper of the Central Ry. of Baltimore City was purchased.
STOCK & B onds —
Bate. Interest. Outstand'g.
Last div, etc.
ated by Kinetic power.
8tock, $25 ($6,000,000) ....... 10 J-J
See text. July 1,1898,5%
O r g a n iza t io n .—Projected from Babylon to Northport, 16 miles. 1st mortgage........... o *< ........ 5 g .M -N $2,000,000 Nov. 2,1911
Stock authorized, $160,000; par, $100. No bonds had been authorized
$1,000 gold.............. ( Interest at Nat. Mechanics’ B ’k, Baltimore.
500,000 Nov. 2,1911
■or stock issued Nov. 1,1898. President, Charles L. Easton; Secretary Certs, of indebt , $500,-< 1897 4hjg.M-N
000, g. ($500&$1,000) (Interest at Nat. Mechanics’ Bank, Baltimore
and Treasurer, Francis J. Oppenauer. N. Y. Office, 27 William St.
TRUSTEE of 1st mortgage is Safe Deposit & Trust Co. of Baltimore
In July, 1898, stockholders were given the right until Sept. 30 to
subscribe for $1,000,000 new stock at $50 per $25 share, the proceeds
to be used to pay floating debt and improvements, amounting to about
P o pulatio n in 1890 w as 3,527; in 1880 w as 3,011.
$1,320,000, leaving about $680,000 for future extensions, improve,
B A L L S T O N T E R M IN A L R R .-A trolley road.
ments, etc. This issue will increase the total outstanding stock to
O r ganizatio n —Chartered Maroh, 1896.
$3,500,000.—V. 67, p. 28, 72, 124.
„ STOCK & B onds —
Bate. Interest. Authorized.
Maturity.
Stock (par $100) ........................................
$300,000
.
D ivid en d s . > 1890. 1891. 1892. 1893. ’94. ’95. ’96. '97. 1898.
1st mort., gold ($500 and 5 1896 5 g.J-D
250,000 June i, 192*6 Since’89 p. o. i
13
11
9
11
8
1 2 10 10 10
$1,000 each) $300,000c* ( Int. at Atlantio Trust Co., N. Y., trustee.
A n n u a l R e p o r t , Et c .—Fiscal year ends Deo. 31. Statement fo r
ROAD—1 2 ^ miles, of which 7 miles operated and balance under con 1896 was n V. 64, p. 177
struction in Aug., 1898; 3 miles additional are projected, to provide
Year.
Gross.
Net.
Interest. Dividends. Balance.
for which $50,000 1st 5s have been reserved. Connects, by standard 1897 .... $1,135,500
$426,250
$111,250
$250,000
$65,000
378,000
100,000
250,000
28,000
gauge railroad, the many manufacturing establishments of Ballston 1896....... 1,060,418
1895....... 1,058,305 N otrep’ted.
100,000
300,000 Not rep’t’d
Spa and vicinity with the Delaware & Hudson RR., thus affording
In 1894 the gross earnings were (about) $942,678; in 1893, $794,450.
transportation of freight to all parts of the country without breaking
ROAD—January, 1897, included 24 miles cable and 34 miles electric.
bulk. Traffic, about 600 tons a day, heretofore oarried by teams.
O fficers —P resident, Walter 8. Franklin; Treasurer, A. B. Clark;
OFFICERS—President, F. H. Beach; Treasurer, C. E. Lent, at The
Secretary, George R. A. Hiss. INDEX—V. 67, p. 28, 72, 124.
Bourse, Philadelphia; Secretary, A. B. Paine, Ballston Spa, N. Y .
—Y. 67, p. 369.
Controlled by B altim ore City Passenger R a ilw a y .
CE NTR A L RY. OF B ALTIM O R E CITY.—An electric road.
ORGANIZATION—Incorporated May 6,1881; amended by Act of 1892.
P o pulatio n 1890 w as 434,439; in 1880 w as 332,313;
Completed as electric line in October, 1892. In January, 1898, Balti
AND IN 1870 w a s 267,954.
Street Railways of Baltimore pay a Parle Tax of 9 per cent of gross more City Passenger Ry. paid $100 per share for the stock.
■earnings within old Oity Limits, and are required to pave between „.STOCK & BONDS— Miles. Bate. Interest. Outstand'g. Last div., etc.
Stock, $300,000 ($50) ....... ....... 6 J - D $300,000^ Dec. 20, ’97, 3
tracks and two feet on each side.
1st mort., $250,000, ( .......
1882 6 J - J
83,000 July 1, 1912
B A L T IM O R E CO NSO LID ATED R Y .—(See M a p _ sink, fd., currenoy. ( Subject to oall at 100 in certain amounts yearly.
Trustee Baltimore Safe Dep. & Trust Co. Int’st at Citizens’ Nat. Bank.
on page 12.)—Trolley. Population in 1897 (local authority), 500,723.
1892 5g.M-N $617,000 May 1, 1932
Consol. M., $700,000, ( .......
ORGANIZATION, ETC.—Formed in June, 1897, by consolidation of „ «o ld ...................... ( Interest at Citizens’ National Bank.
the Baltimore Traction, City & Suburban and Lake Roland Elevated Ext.& Im p. 1st mort.) 14
1897 5g. M-S $400,000 Mar. 1. 1932
$600,000, g.($l ,000) ( Trustee is Baltimore Tr. & Guarantee Co., Balt.
roads—see V, 64, p. 1180; V. 65, p. 867. The stockholders in July,
D ividends —I n 1894, 6 p. c.; in 1895, 6; in 1896, 6; in 1897, 6.
1898, voted to purchase the Ellicott City branch of the Columbia &
Bonds —The extension mortgage of 1897 is a first lien op the exten
Maryland line for $245,000 and to complete the line to Ellicott City.
sion and a blanket mortgage on the whole property. See V. 64, p. 286.
Bee Maryland Traction item, V. 67, p. 7 4 .
Road —Druid H ill Park to Broadway Ferry, 13 miles; other lines in
J)ate- Interest. Outstanding. Div.,Mat.,dbc.
Stock, $10,00°,OOO (par $25) .................... $9,172,000 Julyl5,’98.2 city, 5 miles; total operated in August, 1897,18 miles track. In oity
Baltimore Traction bonds :
9
6 miles track additional completed and 8 miles more under construc
lstM.($l,000), Trustee Mer-> 1889 5
M -N 1,500,000 Nov. 1.1929 tion in August, 1897; extension to Belair, 6 miles, contemplated.
cantile Tr. & Dep. Co— c >
Int. at Hambleton & Co., Balt.
Equipment—August, 1897,50 closed oars, 35 open cars, 10 trailers.
Extern & imp. ($1,000) 6s, g . ) 1891 6 g. M -S 1,250,000 Sept. 1,1901
Earning s from Sept. 22,1892, to Deo. 31,1896, 4^4 years, were:
Trustee, Mer.Tr.& D.Co.,c 5
Int. at Hambleton & Co., Balt.
Gross
Net
Sale of
Interest
Dividends
Balance.
N. Balt. Div. 1st ($1,000) 5s, ) 1892 5 g. J -D
1,750,000 June 1,1942
««rmnfirs.
earnings, motivepower. on bonds.
paid.
surnlus
g. Trus.,Mer.Tr.&Dep.Co.c 5
Int. at Hambleton & Co., Balt.
$808,081
$274,706
$46,594
$161,434
$54,000
$105 867
Collateral trust 1st mort.,) 1895 5 g, J - J
750,000 Jan. 1.1900
—V. 64, p. 286; V. 66, p. 334.
$750,000, $1,000, tax free, >Int. at Alex. Brown & Sons, Baltimore,
gold, subject to call at 105.) Trustee, Maryland Trust Co., Baltimore.
Convertible gold bonds (n o t) 1896 5 g, M -N
800,000 May 1,1906
B A L T IM O R E M ID D L E R IV E R & S P A R
mort.) red. after May 1, >Trustee, Mercantile Trust & Deposit Co., R O W S PO IN T E L E C T R IC
R Y . —A trolley road
’01, at par ($1,000), text.o* ) Baltimore.
^
’
ORGANIZATION—Incorporated in 1894. Baltimore City Pass. Ry. pur
Oity<:Suburban By. bonds— >1892 5 g. J - D 3,000,000 June 1. 1922
£
chased the $300,000 of bonds in Sept., 1897, but road operated separ
1st mortgage, g., ($1,000) > Int. at Alex. Brown & Sons, Baltimore.
ately.
BaXt.Oatonsv.AEllicott's Hills) 1896 5 J - J
500,000 Julv 1. 1916
1st M., $500,000 prin. g... s Int. at Trustee, Safe D. & Tr. Co., Balt.
Stock *400 OOODS_"
Date"
InteresL
Outstanding.
Maturity.
Lake Roland Elevated— 1st) 1892 5 g. M-S 1,000,000 Sept. 1. 1942
L
J
l
5 g. j - j
$300,000 July i* 1925
M., gold ($1,000).... ,c*&r s Int’st at Alex. Brown & Sons, Baltimore l 8 MA’ ? 00’000’
$1.600.................o* j Trustee, Maryland Trust Co.
*
0 °ns° l . Ry- M., $12,-) 1897 41sg.M-S none Aug.’98 Sept. 1.1997
ROAD—Projected from Baltimore to Sparrows Point, 19 miles. Com
000,000 g. ($1,000)....... c* 5 Mercantile Tr. & Dep. Co., Balto., trustee.
pleted to August, 1897, 8^ miles from Fifteenth Street, Highlandtown,
Stock.—Mercantile Trust, Baltimore, is transfer agent for stock.
Dividends—In 1898, Jan., 2 per cent (first dividend); July, 2 per cent along Eastern Avenue to Middle River. President, Daniel Crook; Sec
Bonds—The Consolidated Ry. mortgage is for $12,000,000, of which retary, Jacob W. Hook.—V. 65, p. 410.
bonds for $10,500,000 will be used to retire the divisional mortgages,
T H E B A L T IM O R E & N O R T H E R N E L E C
as they mature, the remainder going into the treasury of the company.
T
The mortgage covers all the property of the company, including the TR IC R Y.— rolley.
O rganization —A consolidation in 1897 of the Falls Road Electric
Baltimore Traction, City & Suburban, Lake Roland Elevated and
Balto. Catonsv. & E. M. roads. Of the convertible 5s, over one-half and Pikesville Reisterstown & Emory Grove RR.
nnn°AA[n iKA Dale‘
ST
v
In ^rest.
Outstand'g. Maturity.
have waived the convertible feature. As to lien of the several issues Stnlv C«1 C
Stock, $1,000,000 ($50) .........................
$1.000 000
a
o f Baltimore Traction bonds, see V. 64, p. 285.
l8
/«iI A/fn’250’000’ gold l 18 9 7
5g1,100,000 Nov. l , i*947
R oad —The combined mileage is about 190 miles of track, not includ
(¡t>l,000..................... S
Maryland Trust, Balto., trustee.
in g Ellicott City branch of the Columbia & Md. Ry., purchased in Au
The 5 per cent bonds of 1897 are a first lien on all the property,
gust, 1898, and expected to be completed about Jan. 1 , 1899. In including the Pikesviile Reisterstown & Emory Grove RR., which has
August, 1898, various extensions and improvements were in progress been consolidated with the Balt. & North’n Electric.—V. 65, p. 1023.
EARNINGS.—Jan. 1 to Oct. 31, 1898 (10 mos.), gross, $1,983,500
R oad —On Oct. 18,1897, the line was opened for traffic, cars running
against $1,952,305 in 1897.
' over the tracks of the City Passenger Ry. through Baltimore to the
From July 1 to Dec. 31, in 1897 and 1896, results were:
corner of Lafayette Avenue and Charles Street and thence 19 ^ miles
6 months.
Gross.
Net.
Int. <t taxes
Bal.. sur. to Emory Grove, the northern terminus of the line. Power is to be
1897....................... $1,270,103
$710,884
$381,996
$328,888 furnished from the B. & O. Belt Line power house for the line south of
1896..:................... 1,210,494
582,618
374,900
207,718 Arlington Junction and from thence to Emery Grove for company’s
R e p o r t —For years ending Dec. 31,1895 and 1896, see V. 65, p. 867:
power house at Owing’s Mills. The road has branches to Pimlico
< Baltimore Tract' n— .
—
. ------ Oity < Sub____ „ West Arlington and West Woodbury.
&
'
Years ending Bee. 31—
1896.
1895.
1896.
1895
Gross receipts.................................$1,269,514 $1,179,191 $1,014,541$936,585
O fficers —P resident, Henry A. Parr; Vice-President and General
Net earnings................................... $623,386 $539,484 $365,560$315,125
M anage* George R. Webb; Seoretary. Richard H. Cox; Treasurer J
Fixed charges..................
445,511
413,097
216,128 211749
Bernard Scott.—V. 64, p. 887; V. 65, p. 868, 1023.
Balance, surplus........... $177,875 $126,387 $149,432 $103,376
T R A C T IO N —See Baltimore Consoli
OFFICERS—President, Nelson Perth; Vice-President and General
dated Ry. above and also V. 64, p. 1180, and V. 67, p. 1002.
Manager, William A. H ouse; Secretary, Thos. C. Jenkins; Treasurer,
. S. Hambleton, Directors: Charles Adler, Edward L. Bartlett, Jesse
CITY & S U B U R B A N RY. —See Balt. Consolidated Ry.
Hilles, W. T. Dixon, T. E. Hambleton, H. Crawford Black, William P.
F R A C T IO N CO.— Incorporated in May,
Harvey, Nelson Perin, William A. House, George O. Jenkins, George i
1898, and owns the franchises of the Columbia & Maryland RR. (sold
A. Von Lingen and Theodore F. Wilcox.
in foreclosure March 30,1898,) for a line from Laurel, Md., to a con
The Mercantile Trust & Deposit Co. of Baltimore is transfer agent.
nection with the Catonsville Short Line. The Ellioott Oity Branch
—V. 64, p. 1180; V. 65, p. 867; V. 66, p. 383.
w a sold to the Baltimore Consolidated Ry. and that extending from
BALLSTON
S P A , N. Y .
B A L T I M O R E , MD.
the District of Columbia line to Laurel to the City & Suburban of the
the District of Columbia. V. 67, p. 74; V. 66, p. 1000. Capital stock*
$700,000.
DIRECTORS—Thomas J. Hayward, Henry A. Parr, Robt. S. Carswell,
William H. Boehler and Edward P. Hill, of Baltimore.—Y. 66, p. 1000;
V. 67; p. 74.
W ASH ING TO N W ESTMINSTER
&
G E T T Y SB U R G R A IL R O A E H To be>a steam road. See
B ividend s-In 1894-95,3 p. o.; in 1895-96. 4Lj p. o.;!1896-97, 3*2 p. o
Road — Bath to Winnegance 4^4 mile»; rails 48 lb. T. Cars, 8.
L‘ TEa
^
l « N
M
0aVlim
onU“ ' i
YEARLY EARNINQS-For years ending June 30 earnings w ere.
1897.
1896. I
1|97.
18U6.
Gross earnings..$20,003 $2 1,047 |Dividend . . . . . . . . . $3,500 $4,oou
Net earnings ... 6,504
8,009 i Balance for year., def.496
■
Int’st on bonds.. 3,500
3,400 |Total surplus...... 1,155
1,652
I nvestors’ Supplement for July, 1898, and this Supplement for
February, 1898.
B A Y C IT Y , M IC H ,
. _________
P o pulatio n 1890
B A N G O R , M E.
P o pulatio n 1890
w as 19,103; in 1880 w as 16,856;
and in 1870 WAS 18,289.
B A N G O R
H A M P D E N
&
W IN T E R P O R T
R A I L W A Y - T o be a trolley road.
O r g a n iz a t io n — Incorporated in 1897 to build a road from the south
line of Bangor through Hampden to Winterport. Bonds, 1st mort
gage, dated 1897, $300,000 ($1,000 each), 5 per cent, due Sept. 15,
Old Colony Trust Co., Boston, trustee; .+40,000 outstanding in
Sept., 1898. Entire projected line, 54 miles; of this Bangor to Hamp
den Comer, 4*65 miles, operated by Bangor Street Railway in 1897.
Hampden Corner to Winterport, about 7 miles, to be built in the spring
of 1899. President, H . L . Mitchel; Treasurer, C. D . Stanford.
B A N G O R
S T R E E T
R A I L W A Y . —An electric road.
The now bankrupt Publio
Works Co. was formed by the union of the Street Railway Co. and the
Bangor Eleotrlo Light & Power, Penobscot Water A Power and Brewer
Water companies. F. A. Wilson, of Bangor, Maine, Hon. A. P. Wiswell,
of Ellsworth, Maine, and Charles A. Stone, of Boston, recommend
consolidation of the several companies above named into a new corpo
ration with $600,000 stock and $600,000 bonds. See V. 61, p. 795.
Reorganization pending. Committee in August, 1898, wrote: “Matters
here remain as they were, but we hope for a change in the course of
ORGANIZATION— Organized Oct., 1889.
two months.”
STOCK & BONDS-
Interest. Author’d OuMand’g.
Maturity
1 st m ortg^e, gold, 1889.. 6 F - A
200,000
200,000 A ug.l, 1909
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 Publio
Works Company. Mortgage trustee International Trust Co. of Boston.
ROAD— Owns road in Bangor to Brewer, etc., 9*a miles in all.
A n n u a l R E P O R T -F o r years ending June 30 earnings have been:
Yr, end. June 30. 1898.
1897. I
1898.
1897.
Gross earnings $65,291 $69,493 |Deficit............... $1,660
$1,551
Net earningsf.... 11,127 10,449 I Tot. def. Sept. 30 11,039
21,708
Interest, etc...... 12,788
12,000 I
OFFICERS— President, C. F. Woodard, Bangor, Me.; Sec., Treas. and
Gen. Man., J. H. Cutler; Purch. Agent, J. W. Cartwright, Jr..—V. 61,
_______
p. 795.
B A N G O R
O R O N O
&
O L D
T O W N
R A IL W A Y —A trolley road.
O rganization—This company began operations in July, 1895. Its
cars run over the Bangor Street Railway to a point on State Street,
and thence over its own line through the villages of Veazie and Orono
past the State College to Old Town, a distance of 14*2 miles, 2 miles in
Bangor; total, l d ^ miles.
qrnrK * Ronds—
Bate.
Interest.
Outstanding. Maturity.
Stock $125,000(p a r $100) .... l%monthly
$100,000
monthly
1st M., $125,000, gold.... 1895 6 g. semi-an. 125,000
1915
DIVIDENDS— Since April 20,1896,1 p. 0. monthly.
EARNINGS—Year ending June 30, 1897, gross, $65,749; net over
taxes, $22,000; interest. $7,500; dividends, $12,000; bal., surplus, for
year, $2,500 carried to permanent improvement account. In 1895-96,
ross, $56,121; net, $26,656.
President, A. F. Gerald, Fairfield, Me.; Treasurer, I, C. Libby; Super
j ntendent, I. L. Meloon.
P E N O B S C O T C E N T R A L R Y . - T o be an electric road
ORGANIZATION— Incorporated in Dec., 1896, to construct from Ban
gor 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 1( 2; $150,000 reported sold in Sept., 1898.
ROAD— Bangor to Charleston and Kenduskeag to Garland, 40 miles
of which Bangor to Charleston, 25 miles, to be completed in Dec.
1898. “ To be an electric road without poles or wires,” presumably
therefore to use storage battery.
OFFICERS—Pres. and Gen. Mgr., F. O. Beal; Treas., F. H. Small
Clerk and Legal Adviser, H. M. Heath, Augusta, Me.
BATH,
w as 27,839; in 1880 w as 20,693;
and in 1870 w as 7,064.
ME.
B A Y CITIES CO NSO LID A TED R A I L W A Y —
A trolley road. Combined population of territory supplied m 1898
(estimated) about 45,000.
STOCK & BONDSMiles. Bate. Interest. guM anffg. Maturity.
! l ? g K r » ( - ::::::
i f «
s& zm
Trustee, Solicitors’ Loan & Trust, Philadelphia.
LATEST E arnings —10 months, >1898...Gross, $71,292; net, $23,226
Jam 1 to Oct. 31.
51 8 9 7 ...Gross, 67,811; net, 21,028
For the 12 months ending Deo. 31,1896, gross income, $90,552; net*
$29,939. In 1895 gross income, $88,658; net, $30,141. In 1894 gros
income, $83,400; net, $31,439.
ROAD—Owns 25 miles of track (length of line 17 miles).
OFFICERS—President, W. B. McKinley, Chioago, HI.
B E A T R IC E , N E B .
P o pulatio n 1890
w as 13,836; in 1880 w as 2,447.
B E A T R IC E E L E C T R IC C O M P A N Y ORQANIZATION—Incorporated in November, 1895, with authorized
capital stock $100,000, to acquire the property of the Rapid Transit St
Power Co., 7 ^ miles of track, foreclosed July 26,1895 (Y. 61, p. 195),
the Beatrice Eieotrio Light Co. and also water-power facilities*
Funded debt reported to be $60,000 of 6 per cent bonds due in 1915.
—Y. 61, p. 195.
OFFICERS—President, V. G. Lantry; Secretary, A. S. Maxwell, Treasurer, Paul W. Horbach.
B E A V E R FALLS, PA.
POPULATION 1890 WAS 9,735; IN 1880
AND in 1870 WAS 3.112.
w as 5,104;
B E A V E R V A L L E Y TR A C T IO N — A trolley road.
ORGANIZATION— Incorporated in perpetuity June 29,1891, and owns
entire capital stock of Beaver Talley St. Pass. By. Oo. and of Central
Elect. St. By. Co., purchased Aug. 8,1891, operating them as one road
under 999-year lease. In September, 1896, control of the Grandview
Eieotrio Railway was reported to have been obtained in its interest.
STOCK & B onds —
Bate. Interest. Outstanding.
Maturity.
Stock ($300,000) par $50......................... - $300,000f.p. . . . . . . . . . . . . .
1st mortgage, $150,000,5 1891 6 g. J - J
150,000
Julyl, 1911
gold
..o t Int. at Union Trust Co., trustee, Pittsbg, Pa.
2(fmortgage,gold,($500), 5 1895 6 g. A -O
74,000
Oct. 1,1915
$100,000................. o* ( Int. at Union Trust Co., trustee, Pittsburg.
Bills payable Jan. 1,1898, $33,979.
ROAD—Owns 6Lj miles of track and leases 6*6 miles owned bv th
companies whose stock it holds. Rail 45 to 72 lbs., girder and T •
EARNINGS—Year ending June 30, 1897: Gross, $67,888; operatin„
expenses, $39,404; net earnings, $28,484; taxes, $2,555 ; interest,
$15,228; balance, surplus for year, $10,701. In 1895-96, gross
‘$66,332; net, $29,642. Calendar year 1897, gross, $68,555; net
$30,576; taxes, $2,637; interest, etc., $17,773; net, $10,166.
O fficers — Annual meeting first Monday in February. President
J.M. Buchanan; Secretary, W. P. McConnell: Treasurer, S. P. Stone.
B E L L E V I L L E , ILL.
POPULATION 1890 WAS 15,361; in 1880 WAS 10,683;
AND in 1870 w as 8.146.
B E L L E V IL L E E L E C T R IC R A I L W A Y —
ORGANIZATION— Organized in 1893 to operate in Belleville and ex
tend to East St. Louis, a total of 14 miles.
STOCK & B onds —
Miles. Bate. Interest. Outstanding. Maturity.
«tnnlr «300 000
.....................................
$100,000
................
M.“ $300,006,g o id ................. 1894 6 g J - J
100,000 Jan. 1,1909
Interest at the American Trust & Savings Bank, Chicago, 1 1
1.
April, 1898, bonds and stock were all held by the company itself.
Road - I n 1898 operated 5^3 miles of road in Belleville.
OFFICERS -President, John A. Day; Vice-President, Henry A. Kiroher;
Secretary and Treasurer, George Gauss.
P o pulatio n 1890
w as 8,723; in 1880 w as 7,874;
and in 1870 w as 7,371.
B A T H
S T R E E T R A I L W A Y .—-A trolley road.
.
Franchise perpetual. On
July 1,1898, the Lewiston Brunswick & Bath Railway Company as
shines’ possession under a 999-year lease, paying the $100,000 stock 4
per cent per annum, semi-annually. The lessee has the option on or
before April 1,1899, to purchase the franchises and rights of the road
for $66 666 66 cash. The stock of the Bath road, with the exception
of a few shares, was] owned in 1897 by Galen C. Moses and F. H,
ORGANIZATION— Chartered May 5, 1891.
Twitehell.
. .
„
o
o. Rnwne Bate. Interest. Outstand'g.
Matur’y.
fqn n noo uar $100
.. 4 J & J
$100,000
Text
Stockau-$30°,000,P*£1 1UUV
’|
-j/893 5g. j _ j
70,000 July 1,1913
1 $1%00M
g - :.o; ! Subject !o call after July 1,1898.
Interest is payable at American Loan & Trust Co., Trustee, Boston.
B E N N IN G T O N , V T .
P o pulatio n in 1890 w as 3,971; E stimated L ocal
P o pulatio n in 1896 w as 7,000.
B E N N IN G T O N & W O O D F O R D E L E C T R IC
R A I L W A Y . —A trolley road.
O r g a n iz a t io n , Et c .—Chartered N ov . 28,1894; operated from July
27,1895. A summer road, and included in plant are a power house, the
atre and other buildings and lands, representing $22,500 of the capi
talization. Stock, $100,000, authorized; issued, $55,000. Bonds, au
thorized, $100,000. Dividends on stock in 1897, 9 per cent.
ROAD—From Bennington & Rutland RR. depot, Bennington, to
Woodford, 4*2 miles. Also proposed in streets of Bennington and from
Bennington through North Bennington to Hoosick, N. Y.
14
STEEET
B ID D E F O R D , M E.
P o pulatio n 1890
w as 14,443; in 1880 was 12,651;
and in 1870 was 10,282.
BID D EFO R D & SACO
R R . - A n electric road.
ORGANIZATION—Incorporated Feb. 19, 1887. Owns 5*7 miles road
(and 0*3 mile sidings) between Saco, Biddeiord and Old Orchard Beach.
STOCK & B o nds —
Date, Lnfst. Outsland’g.Maturity.
Stock (par $50) ($100,000 auth.)........................... $40,000 .............
1 at mArtffao>a /4 O ftfhft1
tQ
5 1668 ls t J —J Bk 90,000
6
1908
1 st mortgage ($90,000;................£ int. at
Nat
f ’ iddeford, Me
B
.......
Notes payable June 30,1897..............................
25,200
Trs.end.June 30. Gross.
Net.
Interest, etc.
Balance
1897-8.................. $24,958
$8,227
$7,009
sur.$l,217
1896-7.................. 26,383
6,076
6,863
def.787
1895-6.................
25,461
def.1,410
5,546
def.6,956
Total profit and loss deficit June 30,1898, $7,584.
In July, 1898, it was stated that Col. Chas. H. Prescott had purchased
m controlling interest and would improve the line.
OFFICERS—President. E. H . Banks; Sec. and Treas., C. H. Prescott.
RAILWAYS.
STOCK & Bonds —
Date. Interest. Outst’d’g.
Maturity.
(1)
...................
Stock, $250,000; par, $100.................. . .....
Bloomington & Normal l s t )
M.. $250,000($500 & $1.- > 1898 5g. J-J
(1)
July 1,1923
000)subj to call af. lOyrs. )
Int. at 1 1 Tr. & Sav. Bk., Chicago, Trustee, and Chase Nat. Bk., N.Y.
1.
The first mortgage bonds of 1898. are redeemable 10,15 or 20 years
from date. The stock is owned one-half by A. E. DeMange and local
associates, and one-half by John Graham of the Wilkesbarre &
Wyoming Valley Traction, Wilkesbarre, Pa., and Judge Biddle of
Carlisle, Pa., and their associates.
Road —Eleven miles of track.
OFFICERS—President, A. E. DeMange, Bloomington; Vice-President,
John Graham, Wilkesbarre, Pa.; Secretary, Willis E. Gray; Treasurer,
J.F. Evans.—V. 66, p. 1088,1187; V. 67, p. 318.
BO STO N, M ASS.
P o pulatio n 1890 WAS 448,477; in 1880 WAS 362,839;
AND IN 1870 WAS 250,526.
BOSTON E L E V A T E D R e
o r g a n iza t io n —The bill chartering this company was signed by the
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 lo
cations originally asked for, and thereafter the Aldermen may grant
B I N G H A M T O N R A I L R O A D —A trolley road.
additional locations. The bill provides for an extensive system of free
ORGANIZATION—Chartered August 11,1892. Formed in 1893 by con transfers. In addition to regular street railway taxes the company
solidation of all the street railways in the city.
is to pay on all lines owned, leased or operated by it 7 of
s
STOCK & B onds —
Date. Interest. Outstanding.
Maturity• 1 per cent of gross Income and a sum equal to the excess of the
Stock, $900,000, par $ 1 0 0 .......................
$396,370
................
Bing. Street BB. ls t M ... 1890
6 A -0
200,000 Apr. 1,1910 dividends over 6 per cent. On the other hand, its charter is under
stood to “ grant It exemption from reduction of fares, and also other
Binghamton BB. Co. M., )
f
50,000
1908-1917
$900,000, g. $1,000. .o*
($5,000due yearly Mar. 1.) immunities.”—(See Mass. BB. Commission, V. 65, p. 1223. In August,
(See text) Interest at At- !•1893 5 g J - J (
50,000
1918-1922
1898, the plans had been approved by the Massachusetts Bailroad
lantio Trust Co., N. Y.,
($10,000due yearly Mar. 1)
Trustee.
J
L $500,000 due Mch. 1 , ’23 Commissioners, cars to be run with electricity by the “third rail” sys
Bing. Lest. & Un. ls t M . ) 1895
5 g J -D
$125,000 June 1,1925 tem.—V. 67, p. 318. Contracts are to be let during the winter of 1898*
gold, prin. and int. guar. 5Interest at Atlantic Trust, N ew York.
99 and construction begun.
Binghamton Trust Co., trustee..
Lease of West End.—The West End Street By. is leased until June
Of the bonds of 1893, $100,000 mature in installments as Indicated in
10,1922, at 7 per cent per annum on its common and 8 per cent on
the table, and the remaining $800,000 mature Mar. 1, 1923. Of the
the preferred stock, in addition to all interest, rentals, etc. Posses
$900,000 authorized $200,000 are reserved to retire the 6s of 1910 at
sion of West End was taken Jan. 1,1898. See lease in V. 65, p. 1223.
maturity. Jan. 1,1898, $100,000 were sold for improvements, leav_
COST—Engineer Kimball (of the company/ estimates the average
Ing $100,000 to be issued at not exceeding 85 per ct. of new construe,
oost per mile of construction, including foundation, rails, &c., but not
tion and equipment; provided the road shows net earnings equal to
including stations or electrical equipment, at $296,949, and the total
twice the Interest on the bonds outstanding, including those which it
cost of construction covering a distance of 1029 miles is figured at
is proposed to issue.
$3,055,605; equipment, terminals, stations, etc., at $3,890,000; land
ROAD—Operates 36 miles of track, including the Binghamton Lesterdamages at a maximum of $5,039,786, minimum estimate $3,120,491.
shire & Union Bailroad, 7 miles long, opened in 1896.
STOCK—Capital stock is $10,000,000 (shares $100), on which In Dec.,
LATEST EARNINGS—9 mos., > 1 898...Gross, $122,480; net, $53,152
Jan. 1 to Sept. 30.
> 1897... Gross, 113,523; net, 47,232 1897, $50 per share had been paid in, represented by receipts, no certi
fleates having been issued. (V. 66, p. 38.) First dividend, 2^4 percent,
A n n u a l R e p o r t —Figures for years ending September 30 were:
was paid August 15,1898.—V. 67, p. 221.
Years end. Sept.30— Gross.
Net.
Int.. taxes, etc. Bal.,sur.
1897-98.................. $160,061
$70,504
$52,881
$17,623
OFFICERS—President, William A. Gaston; Vice-President, William
60,616
45,492
15,124 A. Bancroft; Treasurer, William H ooper; Secretary, John T. Burnett.
1896-97.................. 146,574
1895-96.................. 141,339
62,326
40,285
22,041
Annual meeting is held the first Monday of January.
O fficers —President, G. T. Bogers; Vice-President, J. B. Landfield;
D irec to rs —William A. Gaston, F. H. Peabody, Jacob C. Bogers,
Secretary, J. M. Johnson; Treasurer, John B. Bogers; General Man
William Endicott, Jr., Samuel Carr, Frederick Ayer, Charles J. Paine,
ager and Purchasing Agent, J. P. E. Clark. Office, Binghamton, N. Y.
James M. Prendergast, T. Jefferson Coolidge, Jr., W. A. Bancroft, Bob
—(V. 61, p. 151; V. 62, p. 360; V. 63, p. 878.)
ert W in so r.-V . 65, p. 570, 1026, 1073, 1223 ; V. 66, p. £8, 80; V. 67,
p. 221, 318, 528.
B I N G H A M T O N , N. Y .
P o pulatio n 1890
w as 35,005 ; in 1880 was 17,317;
and IN 1870 w as 12,692.
B IR M I N G H A M , A L A .
P o pulatio n 1890
w as 26,178; and in 1880 w as 3,086.
Companies Controlled by Boston E levated R R . Co,
( 1 ) W EST E N D STBEET B A IL W A Y —A trolley road.
O r ganization —Chartered in 1886; a consolidation of various com
panies, as is seen by bond table below. Subway Lease.—In Dec., 1896,
STOCK & B onds —
Date. Interest. Outstanding. Maturity.
the West End leased the right to use the subway at 47 P- 0. of the net
s
Common stock, par $100..........................
$500,000
.............
oost of subway, stated approximately as $5,766,000 in Sept., 1898,
Pfd.st’k,6 p.c.eum.,par$100 ....................
1 ,000,000
.............
lst M. gold, $1,250,000, >
1890 5g. J - J
1,250,000 July 2,1920 when the third and last section was opened. Entire length is 1 ^ miles,
$1,000...................... j Interest at Central Trust Co., N ew York.
with a trackage of about 5 m. See V. 63, p. 1065,1117; V. 67, p. 528.
Mortgage trustee is Birmingham Trust & Savings Co.
Boston Elevated Lease.—Leased to Boston Elevated BB. until June
Bonds—A ll underlying bonds of the old companies have been 10,1922, at 7 per cent per annum on common and 8 per cent on the
retired and canceled, and $90,000 of the $1,250,000 firsts given as out preferred shares of the West End Co. in addition to the payment of its
standing are in the treasury subject to the disposal of the directors. rentals, interest and other charges. Boston Elevated assumed possesLoans and bills payable Aug. 1,1897, $60,125.
•ion Jan. 1,1898. See terms of lease in V. 65, p. 570.
R oad—In November. 1897, was operating 55*2 miles of track in city
Outstand'g Last div., < c
£
Date. Interest.
S to ck a n d Bonds —
of Birmingham and extending also to Bessemer, Pratt City and Ensley; Common stock ($50)...
7
A.-O. $9,085,000 Oct.l ’98,31*
J .-J .
6.400.000 July,’98,4%
8
>
steam, 27 miles; electric, 281 miles. Bails 40-56 lb. T and 58 lb. Preferred stock (par $50))........
a
...1892
3.000.
000 Nov. 1,1902
Gold bonds of 1892...........1892 5 g. M.-N.
girder. In 1897 purchased road from Bessemer to Powderly, 12 miles. Gold bonds of 1894...........1894 4 1ag.M .-S.
2.000.
000 Mch. 1,1914
...1894
Extension from West End to Powderly operated from July, 1898.
Gold bonds of 1896,
815.000 May 1,1916
?
$2,275,000, not mort.. J 1896 4 g. M .-N.
OFFICERS—President, A. M. Shook; ls t Vice-President, Bobert Jemi2.700.000 Feb. 1,1917
son; 2d Vice-President, W. A. Walker; Secretary and Treasurer, J. A. Gold bonds o f '1897, 0 ^ 1897 4 g. F .-A .
$2,700,000 not mort.
Stratton; General Manager, J. B. McClary.
J .-D .
500.000 Dec. 15,1903
I..1883
Metropolitan BB. (plain).. 1883 5
...1884
J .-J .
200.000 July 1,1904
Middlesex BB. (plain)..... 1884 5
H IG H L A N D A V E N U E & B E L T R A IL R O A D
...1882 5
M.-N.
300.000 May 1,1902
—Uses dummy engines. Operates about 28 miles of track In Birming Highland St., plain...........1882 5
500.000 Jan. 1,1907
..1887
J .- J .
Boston Consol. St. plain ...1887
ham; 13 passenger oars; 7 engines.
M.-N.
200.000 May 1,1905
...1883
South Boston, plain...........1883 5
A.- O.
460.000 Apr. 1,1903
...1883
R e c eiversh ip —On April 2,1897, Phil. Campbell was appointed re Cambridge 1st M *.............1883 5
150.000 Apr. 1,1904
...1884
A .-O .
Charles Elver 1st M.......... 1884 5
ceiver in suit of Columbian Equipment Co. of N. Y.—V. 64, p. 707.
* Cambridge bonds aTe redeemable $30,000 yearly at 105.
B IR M IN G H A M TRACTION.— trolley road
A
.
Interest is payable in Boston by the American Loan & Trust Co
O r g a n iz a t io n —A reorganization of the East Birmingham Land &
Bailroad, sold in foreclosure May 31,1897.—V. 64, p. 843. Length of except on Cambridge 5s, payable at New England Trust Company.
The bonds of 1896 (not mortgage) were authorized for funding its
road, 7 miles; branches, 3 miles; total, 10 miles. Transformed from
steam dummy to eleotrio road. President, A. T. London; Secretary real estate indebtedness ($725,000) and for refunding, prior bonds
amounting in March, 1895, to $1,550,000. The $2,700,000 bonds of
and Treasurer, John London; General Manager and Purchasing Agent
1897 (not mortgage) were sold in Jan. 1897, to pay off existing »float
Geo. H. Clark.
ing debt of $1,000,000, for extensions and equipment in 1897 $1,000,000, and for refunding 6s due June 1 and July 1 $700,000.—See V. 64
p. 236. Highland St. 6s $100,000 fell due Jan. 1,1898; West End
P o pulatio n 1890 w as 20,484; in 1880 w as 17,180;
bonds were authorized to retire them.
and in 1870 w as 14.590.
Dividends.—On preferred, 8 per cent per annum. On common, in
B LO O M IN G T O N & N O R M A L STREET R Y
1892,10 p. 0.; in 1893, 9 p. 0.; 1894,7^ p. 0.; 1895, 6*2 p. c.; in 1896,
A trolley road.
7 p. 0.; in 1897,7lap. o.; in 1898, Jan., 3*2 p.c. Thereafter guaranteed
ORGANIZATION—Incorporated in June, 1898, as successor of Bloom, under terms of lease, the common stock 7 p. c. per annum, payable in
ton City By., foreclosed and sold May 31,1898.—V. 66, p. 1088,1 8 . Apr. and Oct., the first distribution, 31 p. 0., being made Apr. 1 ,1898 *
17
*
B IR M IN G H A M R A I L W A Y & E L E C T R IC —
B L O O M IN G T O N , ILL.
STREET
Road —Sept. 30,1897.
Miles.
Miles.
M ain line, le t tra c k ............. 15 6 ' Roads leased........................
9
do.
2d track.............
113 Trackage.... ......................
2
Sidings.................................
35 Total operated Sept. 30, ’97 315
Electrically equipped.......... 293
Total owned..................... 304
Weight of girder rail is 70 to 100 lbs.
A n n u a l R eport —Report for year ending Sept. 30,1897, in V. 65, p.
1 0 2 1 , shows earnings as follow s:
_
1897.
1896.
1897.
1896.
Gross earn..$8,719,032 $8,341,958 Rentals.. - „........ $14,695 $11,952
Net earn---- 2,505,323 2,007,339 Dividends......... 681,375 635,950
Inter’t paid
487,000
438,750
do
pref..512,000 512,000
Taxes........
372,460
343,898 Bal., surplus___ 431,572
64,789
INDEX—V. 65,p. 1021,1026,1073,1223; V. 6 6 , p. 38,80; V. 67,p. 903.
( 2 ) M A L D E N & MELROSE ST. RR.—
RAILWAYS.
15
the $50,000 bonds and dividends on $50,000 stock, from July 1,1897,
at 5 p. c. per annum.
S tock & B onds —
Date. Interest. Ontstand'q. Last div..etc.Stock (par $100)...........
5 J -J
$50,000 July,‘98,2^%
1st mort. drawn at 104.. ( 1890
5F- A
48,000
Feb. 1,1910’
Int.(notpr.)gu.byL.&B. ( Interest at American Loan & Trust, Boston.
Current liabilities Sept. 30, 1896..............
$2,000
...................
Road —Main track, 3*8 miles; second track, 0*4 miles.
( 4 ) EAST M ID D LE S E X STREET RY.—
,
ORGANIZATION—Owns 18*3 miles of track; sidings, switches, etc.1'8; total, 201 miles. Leased May 1, 1893, to Lynn & Boston for'
99 years at a rental till May 1,1896, of $18,000 yearly; then till M ay”
1,1901, $24,000 yearly; and for remainder of lease, $30,000 yearly.
„
& Bo n d ? ~
Date. Interest. Outstana'g. Maturity.
Stock ($100) $300,000...........................
$297 700
O r ganizatio n —Chartered June 6,1856. Road is leased to the West Plain bonds, int. gu. (end.).
1888 6 M-S
125,000 Sept. 1*1898
5
(?)
End Street Railway and operated by that company. Owns 6*28 miles Plain bonds, refunding...... 1898
Plain uonds, int. gu. (end.).
1892 5 J-J
100,000 Jan! Y , 1902
o f main line track and ^ mile sidings. Capital stock, $200,000; par
The $125,000 currency 6 s were refunded into currency 5s to the
$10 0 ; no funded or floating debt.
amount of about $121,000 sold to Estabrook & Co. at about 103*50.
( 3 ) SOM ERVILLE HORSE RR.—
Interest at Nat. Hide & Leather Bank., Boston.
O r ganizatio n —I ncorporated May 29, 1857, and owns 4-9 miles
The lessee in the lease agreed to stamp the bonds with a guaranty of
of railway, measured as single track, and
mile of switch, etc. the prompt payment of int.—principal is not guaranteed. V. 67, p. 482.
Leased to West End Street Railway for $9,180 yearly, 6 p. c. on $153,( 5 ) W IN N I8IMMET (STREET) R E
000 stock. Dividends are payable (M&N) in Boston.
ORGANIZATION—Owns 2*2 miles of track. Leased to the Lynn A
L Y N N & BOSTON RR. —See North Shore Traction.
Boston for 999 years from 1880, at $3,000 per annum. Capital stock
N O R T H S H O R E T R A C T IO N —
O rg anizatio n —Incorporated in 1892 under laws of New Jersey for is $50,000, par $50. Dividends in 1894-95 6 p.
N O R F O L K S U B U R B A N —( H Y D E P A R K .& C .)
the purpose of controlling various street railway properties through
S tock & B onds —
Date. Interest. Outstand'g. Maturity.
ownership of stock, and is not an operating company. Owns the
Stock (par $100)........................... See text. $187,500 Julyl5,’98 ,£ 3%
entire stock of Lynn & Boston and allied properties.
1st mortgage bonds.......... $ 1^94
5
75,000
July, 1914
Sto c k—
Par. Dividends. Oulsland'g Last div.. Ac.
( Int. at Internat’al Tr. Co., Boston, trustee.
............v ............ 100
............. $4,000,005 .........
’
D ividends —In 1894-95, 6 p. o ; in 1896, 6*2 p. c.; in 1897, 7 p. c.; in
Pref. 6% cum., red. at 105.. 100
6 A. - O .
2,000,000 Apr. 1,’98,3 % 1898, Jan., 31 p. c.; July, 3 ^ p. c.
«
DIVIDENDS—The accumulated dividends on the preferred stock,
Road —Owns 11 miles of track.
amounting to 12 per cent, were paid May 18,1895; dividends since
E arn in g s —For year ending Sept. 30,1897, gross, $98,159; net, $19,paid in full to April, 1898, inclusive.
958; interest and taxes, $6,fc62; dividends, $13,125; balance, surplus
L a t e s t E arn in g s —12 mos., > 1897-8.Gross, $1,490,3«1; net, $634.512
Oct. 1 to Sept. 30.
5 1896-7. Gross, 1,431,935; net, 613,308 for year, $171. In 1895-96, gross, $94,966; net, $29,571. President,
A n n u a l R e p o r t —The report for the fiscal year ending Sept. 30. James D. McAvoy, Readville; Treasurer, G. L. Stone, 87 Milk Street
Boston.
1897, with balance sheet, was given in V. 65, p. 1 1 7 1
W E S T E N D S T R E E T R Y . —See Boston Elevate^ R R
O fficers —President, C. M. Wioker, 15 W all Street, New Y o rk ; ViceW E S T R O X B U R Y & R O S L IN D A L E S T R E E T
President and Treasurer, Frederick Strauss, 21 Broad St., N ew York;
Secretary, G. R. Nicholas, Camden, N. J. New Jersey office, Camden' R Y - A trolley road. Owns 7-38 miles of track.
STOCK & B onds —
Date. Interest. Outstanding. Maturity.
N. J. (V .6 1 ,p.92 6 , 1010; V .6 3 ,p. 1 1 1 3 ; V .6 5 ,p . H 7 1 .)
w T
Stock (scrip, $1,760)...... ............................... $101.760
*
1st M. $150,000, gold,8. f. ) 1896 5g. M-S
100,000 Sent"!" *1916
Companies Controlled by N o rib Shore Traction Co.
($500) red. at 103 after [ Interest at International Trust Co., Bos-'
( 1) L Y N N & BOSTON R A IL R O A D —An electric road.
Bept. 1,1901.............c* ) ton, Trustee.
O r ganizatio n —Owns road in 18 cities and towns in and about
In Oct., 1898, the stockholders voted to increase the stock to pay
Boston, Mass. Incorporated under laws of Massachusetts, A pril 6 , the floating debt and extend the road.
1859, and controlled through ownership of stock by the North Shore. '
President, Thomas T. Robinson, Treasurer Fredk. N. Tirrell; Office,
STOCK
Bo n d s —
Date. Interest.
Ontstand’g. LastDiv.de. John Hancock Building,” Boston.
Stock (par $100)_____
..
8 A.-O.
$1,266,000
Sept.,’98.4
Naumkeag St. Ry. 1st
5 J .-D .
215,000 June 1,1906
Consol. M ...............
.
5 J .- J .
711,000 July 1,1910
_
_
Trustee, Manhattan Trust Co., New York.
P o p u l a t io n 1890 w a s 7,803; in 1880 w a s 5,114;
Lynn Belt 1st......................
5 M.-N.
100,000 May 1,1910
a n d in 1870 w a s 4,574.
„
, £
Trustee, American Loan & Trust Co., Boston.
Essex Electric 1st................
6 J. -J.
100,000 Jan. 1, 1 9 1 1
B O W L IN G G R E E N R A IL W A Y .— trolley road.
A
_
„„
'
Trustee, Old Colony Trust Co., Boston.
O r ganization —I ncorporated in July, 1898, as a reorganization of
Lynn & Boston 1st m .,) 1894 5 g.J. D.
3,723,000 Deo. 1 1924
$5,379,000, $l,000.c* 5 Int. at Old Colony Trust Co., trustee, Boston. the Park City Ry., ’purchased at foreclosure Feb. 28, 1898, by the
Coup.notes,$1,200,000 1897 6 A .-O .
320,000 April 1 . 1 9 1 7
Fidelity Trust & Safety V., trustee. V. 66, p. 472. Completed as an
Plain Bonds secured 6y
electric road Sept. 1,1895, to do both freight and passenger business
Lynn & Bos. rnort. of 1894—
Lynn & B oston...................
5 M. (15)-N.
150,000
May 15,1900 connecting river and city. Population of Bowling Green in 1895 (com
do
do .....................
5 A .-0 .
100,000
Apr. 1,1907 pany’s estimate) was 10 ,000, with suburbs 1 2 ,000.
do
do .....................
5 M .-S .
186,000
Mch. 1,1912
STOCK, B onds , Etc —
Date. Interest. Outstanding. Maturity.
Naumkeag..............................
5 A .-0 .
49,000 Apr. 1,1907
$40,000
do
..............................
6 M .-S .
24,000 Sept. 1,1910 Stock, par............................................ ....
1898
.......
(?)
W d0
.......................
6 J .- J .
10,000 July 1,1911 New m ortgage..............
Other small issues..................
5&6
11.0 0 0
1900
Road , Et c .—P ark City Ry. owned 4 miles of track, including sid
B o nd s —Of the $5,379,000 first mortgage bonds, the unissued ings. Also owned 4 sixteen-foot passenger motors, 30 horse power;
balance to be used to take up other bonds.
1 one hundred horse power freight motor and 7 trailers.
D ividends —From 1880 to Oct., 1898, inclusive, 8 per cent yearly.
OFFICERS—President, T. H. Whayne, care of Fidelity Trust & Safety
R oad —Nov., 1897.
Miles.
Vault Co., Louisville, Ky.—V. 66, p. 472.
Owned, measured as single
East Middlesex Street R R ... 18-8
track................................. 128*1 Boston & Revere El. St. Ry.. 4-2
Leased lines—
Trackage.............................
3*5
Winnisimet Street R R ...................2*2
Total main track (all elec.).. 152-9
Boston & Chelsea R R ................... 4*2
P o p u l a t io n 1890 w a s 4,848; i n 1880 w a s 3,855;
Sidings............................ .
9.9
a n d in 1870 w a s 3,948.
Beverly & Danvers St. Ry., 3 miles (capital, $12,000) is controlled
but operated separately—see V. 65, p. 1171.
B R A IN T R E E STREET R Y. —A trolley road.
O r g anization —Chartered in 1893. Operated in harmony with
A n n u a l R eport —R eport for 1896-97 in V. 65, p. 1171, shows:
Tr.toSep. 30— 1897.
1896.
Quincy & Boston Street Railway since October, 1895.
1897.
1896.
Gr. eam ’gs.$1,425,210 $1,420,702 Div’ds (8 p. 0.)...$99,492 $92,832
October 1,1897, stock authorized was $200,000; stock outstanding,
Netearn’gs.
606,584
582,273 Bal., sur. for yr.. 4,217
6,573 $100,000 (including $30,000 increase in February, 1898); bonds, $35 Oth. income
6,725
5,219 Tot. sur. Sep. 30. 91,150
89,180
Int.,tax.,&c.
509,620
000, first mortgage ($500 each) 6 s, dated July 25,1894, due July 25*
488,187
1914; loans and bills payable, $47,373; cash assets, $6,806. Owns
GKNEBAL BALANCE SHEET SEPTEMBER 30, 1897.
Assets.
Liabilities.
7*23 miles ; sidings, 0'19; trackage 1 mile.
Construct, (rd. owned).$4,190,611 |Capital stock............... $1,266,000
Earnings —For year ending Sept. 30, 1897, gross, $ 1 1 ,3 3 7 ; net
Land and buildings..... 1,385,662 Funded debt............... 5,699,000
Equipment.................. 1,349,772 Open accounts, etc......
270,357 $10,964; charges, $4,197; dividends, $1,050; balance, surplus for year;
Cash and current assets.
400,462 ISurplus........................
91,150 $5,717. In 1895-96,gross, $30,138; net, $9,227; charges, $2,888; bal
Total........................ $7,326,507 | Total......................... $7,326,507 ance, surplus, for year, $6,339. President, J. F. Merrill, Quincy, Mass.
B O W L IN G GREEN, K Y .
B R A IN T R E E , M ASS.
OFFICERS—President, Amos F. Breed; Vice-President and Secretary,
E. Francis Oliver; Treasurer, Charles Williams; Purchasing Agent,
H . Grover. Office, Lynn, Mass.—V. 65, p. 925,1021, 1171.
B R A IN T R E E & W E Y M O U T H STR EET R Y
—A trolley road.
O r g a n iz a t io n , E t c -—Commenced operations April 29,1895.
(2) BOSTON & CH E LSE A RR.
STOCK & BONDS—
Date.
Interest. Outstand'g.
Maturitu
O r g a n iz a t io n —Incorporated April 29,1854, and owns 4-5 miles of Stock...............................( 1 Q V
C7
k -vy a
$160,000 Ja n .l,’98,3%!
J®97ot
M.-S.
80.000 Mar.
railway measured as single track. Leased to Lynn & Boston Street Ry. 1st M., gold, $80,000.... \ Int. at International Trust, Boston, 1 , 1917
(
trustee
Co. at $7,260 per annum, equal to 6 per cent on $121,000 stock.
Owns line 11*<?3 miles in length; sidings, etc., *72 miles; total, 12*35
STOCK & D ividends —
Dividend. Authorised. Outstanding
Dividends—In 1895-6 paid 2% per cent; in 1893, Jan., 3 p. 0. ’ Loans
Stock par $50......................... 6 p. c. A -0
$300,000
$121,000
and bins payable Sept. 30,1898, $5,000. Year ending Sept. 30 1898
Dividends are paid in Boston.
gross, $48,558; net, $16,977; interest and taxes, $6,447; dividend*
BOSTON & RE V ER E E LEC TR IC ST. RY.—
$4,800; balance, surplus for year, $5,730.
’
O r g a n iz a t io n —Incorporated June 24, 1889. Leased from July 1,
OFFICERS-President, Charles,H. French, Canton, Mess.; Treasurer,
1895, for 99 years to Lynn & Boston, which guarantees interest on ' O. E. Chapman, 45 Milk Street, Boston
(3)
16
STREET
RAILWAYS.
B R ID G E P O R T , C O N N .
P o p u l a t i o n 1890 w a s 48.856; i n 1880 w a s 29,148;
and
in
1870
w as
18,969.
(See below.)
B R I D G E P O R T T R A C T I O N —A trolley road.
ORGANIZATION—Chartered in July, 1893, and operates by electricity
the entire system of street roads in the city. Owns a perpetual and
exclusive franchise from the State of Connecticut and is exempt from
all city taxation. Population served in 1894 estimated at 80,000.
STOCK & B o nd s .—
Date. Interest.
Outstand'g.
Last div., etcBtock (par $100)................................
$2,000,000 Aug.1,’98,1 p.c.
First M. g. ($l,000)o.*) 1893 5 g. J.-J.
1,719,000 July 1, 1923
$2,000,000
5 Trustee Fidelity Title & Dep. Co., Newark, N. J.
Interest is payable at office of Redmond, Kerr & Co., 41 Wall St., N. Y.
DIVIDENDS—Aug., 1895, to Aug., 1898, inol., 1 p. c. yearly.
Bonds—The mortgage is a first lien on the franchises and all prop
erty now owned, or which may be hereafter acquired. As required
under the laws of Connecticut the bonds are certified by State Auditor
as issued at not over 75 per cent of cost of road, etc.
The unissued bonds may be sold for improvements and new con
struction, but at not to exceed 75 per cent of the actual cost of such
improvements, etc. The company has no floating debt.
ROAD—Owns in fee 52-6 miles, consisting of eight divisions centering
at one point, the N. Y. N. H. & H. By. depot, and extending to Strat
ford, Fairfield, Southport and Westport. Extension to Westport com
pleted May, 1898. Rails are 90-pound in city and 70-pound in suburbs.
EQUIPMENT—General Electric make; 53 closed oars, 51 new and old
open oars and snow-plough, sweepers, etc.
EARNINGS—4 months, >1898.............Gross, $137,892; net, $68,845
July 1 to Oct. 31.
> 1897....... ....Gross, 120,109; net, 61,380
A n n u a l R e p o r t — a special report was given in V. 63, p. 836; see
also remarks p. 815. For years ending Deo. 31:
Tear—
Oross.
Net.
Interest. Dividends. Bat., sur.
1897........... $321,445
$139,889
$84,150
$20,000
$35,739
1896.......... 319,544
132,760
82,075
20,000
30,685
1895......... 303,419
147,187
75,000
20,000
52,187
Year ending June 30,1898, gross, $333,409; net, $155,221; charges,
$85,950; surplus, $69,271. Year 1896-7, net, $127,827.
GENERAL BALANCE SHEET JUNE 30, 1898.
Assets—
I Liabilities—
Constru6tion............ > ao QQq qaa I Stock..........
$2,000,000
Equipment............... J $3,»98,34bBond8.............................. 1,719,000
Accounts receivable...
40 |Bills payable..............
36,000
Gash.........i .................
19,687 I Accounts payable.......
22,969
140,104
I Profit and loss, etc......
Total assets...............$3,918,073 |Total liabilities........... $3,918,073
OFFICERS—President, A. Radel; Treasurer, Wm. Scheerer (Newark,
N. J.); Secretary, Thos. L. Watson.—V, 63, p. 836; Y. 67, p. 426.
B R ID G E P O R T , OHIO.
P opulation 1890
w as 3,369; in 1880 w as 2,395;
AND IN 1870 WAS 1,178.
B E L L A IR E
B R I D G E P O R T & M A R T I N ’S
F E R R Y S T R E E T R A I L W A Y —A trolley road.
O r g a n iz a t io n —In October, 1898, reported as purchased by the
Wheeling (W. Ya.) Ry.
STOCK & B onds — Miles. Date. Interest. Outstandg.
Maturity.
Stock (par, $100)................. .....................
$250,000
.......... .
1 st M. $150,000 gold. > ....... 1893 6g. A -O
150,000 Oct. 1,1913
$1,000.............c*&r 5 Sub. to call on any A & O on and aft. Oct. 1, ’08.
Interest is payable at Farmers’ Loan & Trust Co., N. Y., trustee.
ROAD—Operates l l 1 miles of track.
^
OFFICERS—President'and General Manager, J. K. Jolly ; Vice-Presi'
dent, G. W. Pitner; Secretary, Treasurer and Purch’g Agt., F. L. Jolly.
—V. 67, p. 802.
________
B R ID G E T O N , N. J.
P o p u l a t i o n 1890 w a s 11,424; i n 1880 w a s 8,722;
AND i n 1870 w a s 6.830.
B R ID G E T O N & M I L L V I L L E T R A C T IO N —
ORGANIZATION—Successor May 3,1897, to the South Jersey Traction
Go., 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. Stook authorized, $200,000; issued, $95,700
no bonds; debts Aug. 1,1898,4J>3,500. Bridgeton to Millville, 10 miles;
Bridgeton to Fairton, 3*4 in.; Bridgeton, local, 4% m.; total, 18 miles.
E a r n in g s —Mar. 10, ’97 to Feb. 28, ’98,1 1 2 3 months, gross, $34,733;
net, $11,198; div’ds paid (2>a p. 0.), $4,785; taxes and rentals, $1,779.
OFFICERS— President, C. Hartman Kuhn; Vice-President, Stephen
Green; Secretary and Treasurer. W. H. Bacon.—V. 64, p. 331,567, 887.
O r g a n iz a t io n —Organized Sept. 21, 1893. Stook 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 Sept. 30, 1897, $10,000. Length of railway meas
ured as single track, 7*4 miles. For year ending Sept. 30,1898, from
passengers, gross, $42,116; from electric lights, etc., $23,490; total
gross, $65,606; net, $21,417; interest and taxes, $8,733; dividends,
$6,000; bal., surplus for year, $6,684. In 1896-97 total gross, $62,719. President, C. 8. Treadway, Bristol, Conn.
B R O C K T O N , M ASS.
P o p u l a t i o n 1890 w a s 27,294; i n 1880 w a s 13,608;
and
in
1870
w as
8.007.
BR O CK TO N B R ID G E W A T E R & T A U N T O N
STR EET R A I L W A Y — trolley road
A
.
O r g a n iz a t io n , E t c .—Organized in 1880. Road opened June 14,
1897. It is estimated that population served including Brockton,
Bridgewater, Taunton, &c., is over 68,000. Capital stook, $225,000.
In April, 1898, application made to Massachusetts RR. Commissioners
to increase capital stook to $275,000. The first mortgage is for $200,000 5 per cent 20-year gold bonds, $1,000 o*, due Aug. 1,1917; inter
est F.&A., at American L. < T. Co., Boston, trustee; issue authorized
fe
for building and equipping road.
R oad —Owns .21*71 miles of track mostly 56-lb r a il; 24 cars. Exten
sion proposed (May, 1898,) to New Bedford, Mass.
E a r n in g s —June 14 to Aug. 31, 1897 (21 months), gross receipts
a
were $28,803.
OFFICERS.—President, Col. John J. Whipple; Treasurer, George A.
Butman; Clerk, Wm. Jones; General Superintendent, James F. Shaw.
BR O CK TO N STR EET R A I L W A Y - A trolley road.
O r g a n iz a t io n —Incorporated in 1880. A consolidation of the
Brockton Street Railway, East Side, Brookton & Holbrook and Whit
man street companies. Said to serve a population of 66,051.
Date. Interest. Outstand'g. Maturity.
S to c k & B o n d s Stock (par $100)........
... . 6 Q - J $596,000 Oct. 1*98,1^
Brookton 8t.Ry. bonds.
1885 4*2 A - O
10,000 Apr.1,1905
Bonds.....................
1886 4^2 A - O
27,000 Apr.1,1906
Bonds......................
1890 4*2 A - O
37,000 Apr.1,1910
Bonds, g o ld .............
1892 5g. J - J
16,000 Jan. 1,1912
( 1894 5 g.A - O 660,000 Oct. 1,1924
Brockt. (Consol.) St. R y .
< Subject to call at 105 and interest.
1st M. $750,000 g ....
CInt. at State St. Safe Deposit & Tr. Co.
Loans and bills payab’e Oct. 1,1898, $150,128. Real estate mort
gage outstanding, $7,700.
ROAD—Operates line 3716 miles in length in Brookton and suburbs*
extending to Avon, Randolph, Holbrook and Whitman, etc.; second
track, 6*20 miles; sidings, 1*92 miles; total track, 45*28 miles.
Dividends—The road in 1896 had paid dividends uninterruptedly
since 1882; rate 1892 to 1896 inclusive was 6 p. 0.; in 1897, 6 p. 0. in
1898, Jan., 1*2 p. c.; Apr., 1*2 p. 0.; July, l>g p. c.; Oct., 1>2 p. c.
E arnings —F or the years ending Sept. 30 earnings have been:
Tears ending Sept. 30—
1898.
1897.
1896.
Road operated, miles............ ...... 37*16
34*89
34*89
Passengers carried.......................6,787,425
6,676,255
6,227,923
Gross earnings....................... ......$336,054
$332,256
$306,865
Net earnings......................... ....... 123,618
125,101
116,352
Interest, rents, taxes...................
71,799
68,362
48,947
Dividends paid...................... ___
35,760
35,760
35,760
Balance, surplus for year...... .... $16,059
$20,979
$31,645
Total surplus Sept. 30........... ...... $50,425
$42,816
$24,751
OFFICERS—President, Alfred A. Glasier; Treasurer, W. F. Pope, 104
Ames Building, Boston.—V. 65, p. 1022.
R O C K L A N D & A B IN G T O N ST.
R Y . - T r o lle y .
O r g a n iz a t io n , Et c . -Owns 14*08 miles of track and operates 0*26
mile additional; total operated, 14*34 miles. In October, 1898, a con
trolling interest in the stock was sold to a Philadelphia syndicate
represented by Pepper & Register.
STOCK d B onds —
fc
Dale. Interest. Outstand'g.
Maturity.
Stook $120,000 (par $100) ............................ $120,000
................
1st mort., $100,000 gold.c* l
~
M ay i, 1915
’
’
6
5 Int. at Old Colony Tr. Co.,Boston, Trustee.
Dividends in year 1896-7 were 6 per cent.
President, A. L. Register, Philadelphia, Pa.; Treas’r, Chas. N. Cobb;
Clerk, Geo. W. Kelley.
B R O O K L Y N , N. Y .
P o p u l a t i o n 1890 w a s 806,343; i n 1880 w a s 566,653;
AND IN 1870 W AS 396.099.
B R O O K L Y N R A P ID TRANSIT.— ee M a p on
(S
page 1 7 .)
O r g a n iz a t io n —A New York corporation organized in January,
1896, per plan in Ch r o n ic l e , V. 60, p. 1145, to succeed to the prop
erty of the old Long Island Traction Company, foreclosed; syndicate
B R IG A N T IN E T R A N S P O R T A T IO N C o O r g a n iz a t io n —A reorganization per plan in V. 63, p. 837, qf B rig headed by ex-Governor Flower having bought control. Cars began
antine Transit Co. sold in foreclosure Feb. 4,1897. Runs steamers running over Brooklyn Bridge in February, 1898.—V. 66, p. 383.
from Inlet (Atlantic City) to Brigantine, connecting with its electric
ASSETS-The follo w in g is a statem ent of the stocks, bonds and
trolley road, extending along Brigantine Beach, 6 miles.
equities owned b y the Brooklyn Rapid Transit Co. as o f Oct. 1,1898;
N e w S e c u r i t i e s : $50,000 1st mortgage 5 p. 0. 20-year bonds; 1st E n tire capital stock B rooklyn H eig h ts R R . Co. (p a r )............................. $200,000
preferred 5 p. c. stock, $125,000; 2d preferred 5 p. 0. stook, $75,000; E q u ity ints999-year lease o f B rooklyn C ity R R . Co. to B rooklyn
H eig h
R R . Co.
Construction account o f B roo k lyn H e ig h ts RR. Co. against Brooklyn
common stook, $150,000.
C ity R R . Co. fo r extension s and im p rovem ents on leased lines,
EARNINGS—For year ending Deo. 31, 1897, passenger earnings of
am ounting t o ..................... .......................... r .......... ............................. 4,387,357
railway, $8,745; other income, $306. “ Other debts,” Jan. 1,1898, E n tire capital stock B rooklyn Queens Co. & Suburban R R . Co. (p a r ).. 2,000,000
E n tire capital stock Sea Beach R a ilw a y Co., par v a lu e ....................
650,100
$11,615. President, Geo. H. Cook, 50 Broadway, New York.
E n tire capital stock Sea V ie w R ailroad Co., par va lu e. .......................
190,752
F irst m ortgage 6 per cen t bonds S ea V ie w R R . Co., par v a lu e ...............
52,500
INDEX—v . 62, p. 137,185, 778; V. 63, p. 310, 837; V. 64, p. 373.
F irst cons. m ort. 5 p. c. bonds B rooklyn Queens Co. & Sub. R R . (p a r)..
B R I G A N T I N E B E A C H , N. J.
B R IS T O L , C O N N .
P o p u l a t i o n 1890 w a s 7,382; i n 1880 w a s 5,347;
a n d IN J.870 W AS 3,788.
BR ISTO L & F L A I N V I L L E
trolley road.
Also furnishes electric lights.
T R A M W A Y .-A
255,000
* F irst m ort. 5 p. c. bonds B roo k ly n Queens Co. & Sub. R R . (p a r)......... 2 , 000,000
* First m ortgage 5 per cen t bonds Brooklyn C ity R R . (p a r ).................. 1,627,000
♦Com posing gu aran ty fu n d fo r perform an ce o f Brooklyn C ity R ailroad Com
pany’s lease. T o ta l cash va lu e o f these securities exceed s $4,035,000.
The Broolelyn Uity HR. Oo. is held under a 999-year lease, dated Feb
14,1893, guaranteeing all charges and 10 per cent dividends on $12,000,000 of stock. The lease is nominally to the Brooklyn Heights R R
R A IL W A Y S
STREET
18
STEEET
Co. but practically to the Brooklyn Rapid Transit Co., since that com
pany owns the entire capital stock of the Brooklyn Heights Company
and guarantees payment of dividends to lessor, as said above. In 1898
the Heights Company leased also the Brooklyn Queens County &
Suburban RR., theretofore operated separately.
In the reorganization of Long Island Traction the old $30,000,000
stock paid an assessment of $10 per $100 share, the old stock being
reduced to $20,000,000, and $7,000,000 o. 5 per cent bonds being
authorized, against $3,000,000 of Long island Traction.
STOCK & B onds — Outstanding, interest.
Matures. A n n.cha rat.
8tock.....
................$20,000,000 ................................................ "V
B 18 9 5 .R$7 i6o6!oOCL ’ |
6,625,000 5g A -0 Oct. 1,1945
B ’klyn H. RR. 1st M ..
250,000 5 A -O
Apr. 1, 1941
B. Q. Co. & Sub. 1st M.
3,500,000 5g J-J *July 1,1941
First consol, mort...
579,000 5g J-J *July 1,1941
Do. guar. p.&i.(end.)
2,255,000 5g J-J July 1,1941
Jam. & B. RR. IstM .
240,000 5g J-J
Jan. 1,1930
Fea B ’h Ry. 1st M., gu.
650,000 4 gM -S
Sep. 1,1916
Sea View RR. 1st M ...
52,500 6 J-J Jan. 1,1907
Rental—
B ’klyn City RR. stock. 12,000,000 10 Q-J r j
999 years.
1st consol. M., 1891. 6,000,000 5 J-J JJuly 1,1941
B ’klyn Crosst. 1st M.
200,000 5
J-J July 1,1908
Cal. Cem. & G.IstM .
200,000 6
J -D Jan. 1,1907
New W. & FI. 1st M.
200,000 41a F -A July 1,1941
G. & Lorimer 1st M.
125,000 6 M -N May 1,1910
Gr. £t. & New. 1st M.
200,000 5
F -A July 1,1906
Total interest charges and rentals..............................
Less interest on bonds owned (see list preceding)...........
R A IL W A Y S .
however, of the calendar year 1898 the income account is as fol
lows :
STATEMENT OP B R O O K LYN R A P ID TRAN SIT FO R SEVEN MONTHS E N D IN G
J U L Y 31, 1898.
Receipts—
Int. on securities owned
and on equity in Brook
lyn City construction
account....................... $166,499
B. H. RR. Co. net profits. 100,000
Profit on purchase & sale
of B, Q. C. & S. bonds.. 239,433
Deductions— •
Interest on mort, bonds..$189,504
42,630
Interest on lo an s..........
T a x e s ..... ......................
6,881
Expense accounts..........
3,489
Surplus.................... 263,428
|
$331,250
$505,932 |
$505,932
12500 To the above surplus of $263,428 should be added the surplus of the
175’000 operating companies not turned over to the Brooklyn Rapid Transit
28950
112.’750 Co. during said period, namely $35,591, making a total surplus for the
12000
period if all of it had been turned over to the Brooklyn Rapid Transit
26000 of $299,019.
Co.
3150
BALANCE SHEET B R O O K LYN R A P ID TR A N SIT CO M PANY SEPT. 30, 1898
yj SSCtS
1,200.000
Liabilities.
300 000 Investment aco’t .. .$22,663,719 Capital stock............ $20,000,000
375,000 Mortgage bonds......
loiooo Treasury bonds.........
7,000,000
12,000 B. C. RR. Co. const.
Coupons ...................
6,975
equity.................... 4,387,357 Accrued int on bonds
9,000
164,575
51,898 Bills payable.............
7,500 Interest receivable...
112,000
1 Vouchers..................
10,000 Sea Beach Ry. stock..
1,079
Cash .....................
152,007 S. B. Ry. contraot......
1
550 Taxes accrued...........
$2,250,100 Coupon deposit........
12,102
17,000 Profit & loss (su r.)....
197,250 Individuals and cos..
350,800
Net fixed charges, entire system......................... |...... $2,052,850
$27,647,532
$27,647,532
The balance sheets of the Brooklyn Heights RR. and the Brooklyn
* Subject to call May 1,1916.
i Subject to call in 1916.
Queens County & Suburban RR. as of June 30, 1898, were in the
The capital stock is to be held in a voting trust for five years, the
Chronicle of Aug. 13, p. 317.
trustees being R. P. FloWer, F. P. Olcott and A. N. Brady.
OFFICERS—President, Clinton L. Rossiter; Chairman of Board, A. N.
Bonds—Of the $7,000,000 fifty-year gold 5s of 1895, $1,875,000
Brady; Vice-President, Horace C. Du Val; Secretary and Treasurer.
took up collateral trust notes, $3,000,000 went to stockholders for the
T. S. Williams, Clinton and Montague sts., Brooklyn.
assessment; balanoe for future requirements of the road. For de
DIRECTORS—Clinton L. Rossiter, W. C. Bryant, Horace C. Du Val, John
scription of property covered by the mortgage see V. 62, p. 1138. The
D.Keiley, Timothy S. Williams, John G. Jenkins, Theodore F. Jackson,
Central Trust Co. is mortgage trustee. In December, 1897, bonds for
Anthony N. Brady, Henry Seibert, Seth L. Keeney, David H. Valentine,
$1,217,000 were listed, issued for purchase of Sea View RR. and for
John Englis; O. D. Meneely. In d e x —V. 67, p. 316, 318, 425,427,
extensions and improvements.—V. 65, p. 1219. In October, 1898,
633, 688, 788, 899, 904, 954.
$227,000 additional were listed. See application in full, V. 67, p. 904.
Brooklyn City RR. mortgage of 1891 is for $6,000,000 and is a first
B R O O K L Y N CITY & N E W T O W N RR.-See
lien on the old Brooklyn City road and a consol, lien on the lines
acquired by consolidation in 1890. Of the $6,000,000 issued, $4,373,- Coney Island & Brooklyn City RR.
000 are in the hands of the public and the balance is held in the
guaranty fund.
B R O O K L Y N U N I O N E L E V A T E D R R.—
The total authorized issue of first consolidated mortgage gold 5s of A steam road, to be made electric.
O r g a n iz a t io n —To be organized in November, 1898, as successor o f
the Brooklyn Queens County & Suburban RR. is $4,500,000, of which
$1 ,666,000 are reserved for extensions, on which they w ill be a first the Brooklyn Elevated RR. and its allied lines per p l a n in V. 64, p.
lien. Of the $2,F34,000 outstanding, $2,255,000 in 1898 were en 609. A ll the old mortgages were foreclosed, the properties to be trans
dorsed with the guaranty of the Brooklyn Heights RR. Co. as to ferred to this company, which will issue thereon the following new
principal and interest. Both B. Q. C. & S. loans are subject to call July securities: (1) First mortgage for $16,000,000 gold bonds, due 1950,
at 4 per cent until 1905 and 5 per cent thereafter; (2) preferred 5 p. c.
1,1916.
The Sea Beach Ry. 1st 4s also are guaranteed as to principal and in non-cumulative stock, $5,000,000; (3) common stock, $13,000,000.
Committee-Frederic P. Olcott, Chairman; James T. Woodward,
terest by the Brooklyn Heights RR. Co.—V. 65, p. 1219.
Charles Parsons, Ernst Thalmann and Leonard Lewisohn. Over 95
MILEAGE—The system July 1,1898, included:
Miles. |
Miles per cent of the various issues of bonds have assented.
Brooklyn Heights R R ........
1*27 Projected.............................. 80
Distribution of New Securities.—The old bonds and stook (paying
Brooklyn City RR..............204-71 I Sea Beach R y................. . "!l2*2 8
assessment) receive:
Projected........................... 93
|Sea View R R ............. 2'3
Brookl. Queens Co. and Sub 45
j
Old Securities
I p P ay in g ,--------- W il l B eceiv e ----------.
I n A mounts as F ollows : A ssessm’ t . Cash. New ist M. P .s t’k. C. St’k.
G e n e r a l F in a n c e s .—I u November, 1898, negotiations for the
Brooklyn El. IstM ., $1.000 none.
$20 U $1,000
$200
acquisition of the Nassau Electric System were about completed.
Union El. 1st M., $1,000___ none.
1,000
20 IT
2Q0
Since the close of the fiscal year 1897 the company has disposed of Seaside & B. B. 1st M., $1,000 $100
20 U
1,000
$100
Brooklyn El. 2d M., $1,000.
200
14 H
700
500
$2,000,000 out of the $2,255,000 Brooklyn Queens County & Suburban
Union El. 2d inc., $1,000...
100
600
500
first consolidated mortgage bonds which it owned, at a price which Brooklyn El. stock, $100...
10
10
75
has enabled it to pay off all the debt incurred on account of the purchase
ITN o te —Pending reorganization this amount will be paid fo each
of those bonds and to net a profit to the company of about $240,000
coupon maturing after Apr. 1,1897. A ll assessments have been called.
so that in its balance sheet of July 31st the company does not show a
The cash contributions levied aggregate $1,921,500.
dollar of indebtedness other than its bonded indebtedness, and has a
Fixed Charges.—Only $11,890,000 first mortgage bonds will be
surplus to its credit of $368,000. In August, 1898, the President
needed to carry out the plan, and the present yearly fixed charges are
said “ the value of the new extensions of the company in increasing
estimated as follows: Interest on firsts at 4 p. c., $475,600; taxes
the revenue has been shown very clearly in the earnings since March
(est.), $108,000; total, $583,600 (old fixed charges were $882,083).
1st, which have shown an increase to date of nearly $400,000, or ever
STOCK AND B onds .—Securities after and before reorganization:
14 per cent. During the last three months our increase has been
After reorganization—
Date. Interest. Outstand’g. Maturity, etc.
nearly 20 per cent.”
Common stook........................
$13,000,000
..........
E a r n in g s —3 months ending Sept. 30:
Pref. stock, 5% non-oum...........................
5,000,000
.........
1st M., $16,000,000 g., 4 % ) 18 q8 ( 4 to 5 ) , ,
nnft
1Q_,
3 mos.
Gross.
Net.
Other inc. Int.,tax,etc. Bal sur
till 1905, thereafter 5%. 5 1898 ( semi-an. J i:L’ y90>
000
1951
1898.............$1,664,931 $705,885 $21,972 $530,857 $197.600
Before reorganization—
1 8 9 7 ..--...... 1,415,186
596,413
61,600 566,455
91,558
Stock $13,283,600, $100.............
12,283,600
..........
R e p o r t — The Brooklyn Rapid Transit Co., as shown above, has 1 st mort., gold ($1,000).c*
1884 6g. A -O
3,500,000 Oct. 1,1924
outstanding bonds of $6,625,000. The Brooklyn Heights Co. con 2d mort., gold ($1,000).o*
1885 5g. J-J
1,250,000 July 1,1915
Union Elevated bonds assumed—
tributes about $177,000 a year towards meeting the interest on these
1st mort., gold, ($1,000).
1887 6g.M -N
6,150,000 May 1,1937
bonds, this amount being the interest on the construction advances to 2d M. income, non-oum..
1887 5g. J-J
2,068,000 Jan. 1,1927
Guaranteed bonds—
the Heights and the Brooklyn City companies from the Rapid Transit
1,365,000 July 1,1942
Co., said interest being included in the Heights Co.’s fixed charges. Seaside & Brook. B. Is tM .. 1892 5g. J-J
Coupon Payments.—For all bonds deposited under the reorganization
In addition the Rapid Transit Co. receives about $112,000 a year
in interest upon securities held and funds invested, and is en plan the committee, through the Central Trust Co., has paid interest
titled to all the surplus profits of the two operating companies. See as it matures at the following rates: On the first mortgage bonds of
the Brooklyn Elevated, Union Elevated and Seaside & B ’klyn Bridge.
full statement in V. 67, p. 425, 904, and income account below.
The operations of the entire Brooklyn Rapid Transit Co.’s system $20 per coupon; on Brooklyn Elevated 2d mortgage, $14 per coupon
ROAD—Owns from FultonFerry to East New York, 5‘73 miles; Broad
for the year ending Sept. 30,1898, showed:
way and Lexington Avenue to Broadway Ferry, 2-78 miles, and Myrtle
Y E A R ENDING SEPTEMBER 30, 1898 (EN TIRE SYSTEM ).
Gross earnings........................ ......... ................................ $5,912,891 Avenue to Adams Street and Brooklyn Bridge, 4-82 miles; branch to
Expenses (including taxes)................................................. 3,717 621 Greenwood, 3-58 miles; to Cypress Hills, 1*4 miles, and to 65th Street,
Net earnings.................................................................. $2,195,270 l -8 miles; total, 20 -11 miles; second track, 20‘ 1 1 miles; total track,
Other income..........................................................
242,881 40-22 miles. Cars are run direct from Brooklyn Bridge, via Union
Station at 36th Street and 5th Avenue, over the old Prospect Park &
Gross income......................................
$2,438,151 Coney Island to Coney Island.
Fixed charges..........................................
2,069,931
The company’s trains have been run across the Brooklyn Bridge
Surplus......................................................................... $368,220 since June, 1898, (V. 66, p. 1187), and on July 1,1898, the operation
The income account of the Brooklyn Rapid Transit Co. for the fiscal of the Bridge railroad was commenced by the Receiver under a new
year 1897 showed a surplus of $70,268. For the first seven months, contract. A share of this contract is expected eventually to be
STKEET
assumed by the Kings Counjby Elevated. See terms of contract in V.
67, p. 27,426.
The main lines are expected to be equipped with
electricity (third-rail system), during 1898-9.—V. 66, p. 27.
In March, 1898, an agreement was made with Long Island RR. pro
viding for joint construction of connecting line at East New York and
running of through trains from Jamaica to Brooklyn Bridge and from
Rockaway Park to Broadway ferries. Construction begun in Nov.,
1898, and to be completed about Feb., 1899.—V. 67, p. 1054. Rookaway line operated since July, 1898, and line to Jamaica opened in
Oct., 1898. Y. 67, p: 124,175, 954.
Fixed charges of the proposed new company under the plan of re
organization (see Y. 64, p. 609) are estimated at $583,600 per annum.
From July 1, 1898, when the cable road on the Brooklyn Bridge
passed under the management of the Brooklyn Elevated RR., to Aug1 2 (a period of six weeks), the number of passengers carried by the
Elevated road aggregated 4,497,603, as against 3,176,258 in the same
period of 1897, a gain of 41 per cent. See editorial in this Supplement
for August, 1898, and item in V. 67, p. 426.
ANNUAL R e p o r t —Report for year ending Deo. 31,1896, in V. 64, p.
80. Increased earnings in 1895 were due to strike on trolley roads, i
Tears—
Gross.
Net.
Old Charges.
Balance.
1897-8...... $1,626,423
$550,365
$841,989
$291,624
634,411
894,780
¡¿60,309
1896-7...... 1,669,581
1896 (oal. year).. 1,718,688
688,699
882,084 def. 193,385
1895
do
.. 2,082,937
924,699
859,428 sur.
65,271
—(V. 67, p. 27, 124, 175, 426, 954,1002,1054.)
BROOKLYN NEWTOWN
FLUSH ING- R R . - A trolley road.
J A M A IC A &
ORGANIZATION—This company has been organized to build electric
railways from Brooklyn to Jamaica, College Point, Flushing, Whitestone, etc., within a radius of twenty-five miles of Brooklyn. It is
stated that rights of way have been secured. N. R. Appleton of New
York is President, and with him is associated Benjamin F. Frick,
formerly secretary of the Atlantic Avenue RR.—V. 63, p. 401.
C O N E Y IS L A N D & B R O O K L Y N R R ORGANIZATION— Chartered Dec. 10,1860. Cars commenced running
over the Brooklyn Bridge Feb. 15,1898.—See V. 66, p. 383.
Brooklyn City & Newtown was leased in November, 1897, for 999
years, and practically all of its capital stock aoquired.—V. 65, p. 1070.
STOCK & B onds .— Date.
Interest.
Outstand’g. Last div., Ac.
Stk.$2,000,000(p.$100)..............
Q.—F.
$1,884,200 Nov.1,’98, 2*2
^$1 ,0 0 0 ?::..° .^:’ . . ° : ] 1884
5
J- - j -
300,000 j
an. i , i 904
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., 5 1898 4g. J. - J.
700,000 July 1,1948
$2,000,000, gold... (Trustee, Mercantile Trust Co.
7$
SECURITIES— Stock authorized $2,000,000, an increase ofj$l,000,000
having been made in 1898, to take up B ’klyn City & Newtown stock.
Of the $2,000,000 4s of 1898, $300,000 are reserved to take up;^ tSe
1st 5s, $100,000 to retire the certificates of indebtedness, $100,000
can be issued by vote of directors, and $500,000 upon assent of twothirds of capital stock.
ROAD—Brooklyn to Coney Island, with branches, 13 miles; second
track, 12-63 miles; Brooklyn City & Newtown RR., main line and
branches, 8-8 miles; second track and sidings, 9-95 miles; total operated
May, 1898, 45-13 miles.
DIVIDENDS— In 1893 4 per cent on $500,000 and 3 per cent on
$1,000,000; in 1894, 5 per cent; in 1895,6 percent; in 1896,5 per cent)
in 1897, 6 p. 0.; Feb., 1898, 2 p. 0.; May, 2 p. c.; Aug., 2 p. c. In Nov.,
1898, rate changed to 2 ^ p. 0., payable quarterly. V. 67, p. 955.
L a t e st Ea r n in g s .—For the 12 months ending June 30,1898, the
earnings, including the B. C. & Newtown, from Dec. 4,1897, were:
12 mos. Gross.
Net.
Oth. ine. Int., taxes, etc. Bal.,sur.
1897-8...$769,924
$287,169
$43,468
$245,221
$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.
Earnings of Coney Island & Brooklyn RR. alone were as follows :
1897.
1896. I
1897.
1896.
Gross earnings.$337,271 $363,943 I Int., taxes, eto.$53,788
$55 569
N e t ................. 106,508 140,517 Bal. for divs... 54,116
87loi7
Other income ..
1,396
2,069 |Dividends paid 60,000
69,977
OFFICERS—President, John L. Heins; Treasurer, Duncan B. Cannon;
Superintendent, D. W. Sullivan.
Office, Smith and Ninth streets, Brooklyn.—V. 66, p. 38, 383, 1044
Controlled by Coney Inland ds Brooklyn R R .
BRO O K LYN C IT Y & N E W T O W N R E
ORGANIZATION—Chartered May 22,1860, as De Kalb Avenue line.
November, 1897, leased to Coney Island & Brooklyn for 999 years._V.
65, p. 869; V. 65, p. 366, 1070. In 1898, the. Coney Island & Brook
lyn RR. acquired by exohange all the stock except about $15,000.
STOCK & BONDS. Date.
Interest.
Ontstand’g.
Last div.. dc
Stock ($100 shares) .......
(1)
$1,923,400
m
3st M., $2,000,000.. 1889
5 J. - J.
2,000,000
Julv 1 1939
R.E. morts. Mar.. ’97
..........
191,605
9
Loans and bills payable Dec. 31,1897, were $17,000.
Interest and dividends at Mercantile Trust Co. (mortgage trustee).
Road —
Miles. ¿3
Miles.
Single track, main line........ 8-80 Sidings............................... i-4o
second track
do
....... 8*55
Weight of rails 66*2 and 98 lbs.
Total owned.... ...................18-75
D ividends — ) 1892. 1893. 1894. 1895. 1896. 1897.
1898
Percent. J 4
8
11
11
10
7J
3
(? )
LATEST E a r n in g s .—See Coney Island & Brooklyn RR.
A n n u a l R e p o r t .—Results for the fiscal years ending June30:
1896-7. 1895-6. I
1896-7. 1895-6.
Oross.............. $519,374 $553,586 I Int. on bonds.. $99,520 $98,012
N e t . ... ........... 196,106 220,873 ( T axes.............. 22,396
20.742
Other income.. 15,943
8,628 ! Rental, eto......
9,491
10,569
Net income...$212,049 $229,501 Bal., surplus... $80,642 $100,178
|Dividends ..(8)80,000 (10)100,000
—V. 65, p. 194, 234, 366, 410, 869,1070; V. 66, p. 38,425.
19
RAILWAYS,
K IN G S C O U N T Y
E L E V A T E D - A steam road.
ORGANIZATION—Chartered Jan. 6, 1879, and road opened in April,
1888. Securities readjusted in 1895. The Fulton Elevated has been
absorbed. In February, 1896, agreement was made to lease the ele
vated extension of Brooklyn & Brighton Beach RR., about % mile, and
about 3 miles of trackage additional, for rapid transit purposes.
Through trains are run to Brighton Beach; see V. 63, p. 754. Connec
tion has been made with the Long Island Electric for the running of
cars to Jamaica, Queens, Hempstead and Far Rockaway.—V. 64, p. 330.
Trains began crossing the bridge in November, 1898, the Kings
County Elevated assuming, under a provisional agreement, certain
obligations under the contract made by the Brooklyn Elevated. See
terms of contract in V. 67, p. 27, and also temporary bridge agree
ments in V. 67, p. 901. The third-rail electric system has been intro
duced on about one mile of the road where grades are heavy, and
eventually the entire system will presumably use electricity.—V. 67,
p. 125, 956.
RECEIVERSHIP—On Nov. 17,1897, James H. Frothingham, Treasurer
of the company, was made permanent receiver, succeeding Gen. James
Jourdan, who was appointed temporary receiver Aug. 31,1896.—V
65, p. 1024. In April, 1898, the receiver obtained permission to issue
$400,000 certificates to make connections with Brooklyn Bridge.—V.
66, p. 709. Permission had previously been granted to issue $100,000
certificates to pay taxes for 1895, 1896 and 1897. A proposition for
change in existing contract and increased tolls for use of bridge was
made by city in May, 1898.—See V. 66, p. 899, 953.
R eo r g anizatio n —In Nov., 1898, no plan of reorganization had been
presented pending determination of cost to introduce electricity as
motive power and of the results attending crossing of the bridge.
STOCK & B onds —
Date. Interest. Outstand’g. Maturity, etc.
................
Stock................................. .................... $4,750,000
Receiver’s certificates...... 1897 4*2 p. c.
100,000 Deo. 30,’99
Do
do
...... 1898 4 H 5, 6
i,
300,000 Mar.30.1900
A ll certificates are redeemable six months after issue.
3,IS?:»00
A, $000,000 per mue... .0 ^ July> 18§6> OOUpons last paid.
FultonEl.lst M.,“A ”M ,000{
Kings County 2d mort. col. tr. Incomes—
“A ”$1,000,000, ino. cum..
1893 6 p. 0.
996,000 Apr. 1,1938
“B,” income oum...........
1893 6 p. c.
453,500 Apr. 1,1938
Income debent., non-cum...
1893 6 p. c.
3,276,000 Apr. 1,1938
Car trusts ($4,000 due each \ 1893 6 F -A
20,000
1898-1903
Feb. 1); par, $1,000.........( Interest at Atlantic Trust Co., N. Y.
Mtge. on real estate....................................
63,500
................
Old securities outstanding, balance retired under plan of 1894— ""
2d M., $1,000 (see text)....
1888 5g. A -0
$257,000 Apr. 1,1938
Funded coup, scrip...........
1890 6 Apr. 1
8,550 Apr. 1,1900
FLOATING D ebt —Sept. 30,1898: Loans and bills payable, $210,000
interest on funded debt due and aoorued, $462,930; accrued taxes
$1,270. Cash on hand, $86,117.
D efa ult —C o m m ittee —interest due Sept. 1,1896, on FultonEl. lsts
and Jan. 1, 1897, on K. C. first mortgage 5s and 6s was not paid.
Committee: For K. C. El. and Fulton El. firsts—August Belmont, Wm.
A. Read, W alter G. Oakman and James Jourdan. See V. 63, p. 402
754; V. 65, p. 277.
Bonds—The $1,000,000 series “A ” bonds were authorized for floating
debt and future needs and $448,950 series “ B ” for old funded coupon
scrip of 1890. These collateral trust bonds are secured by deposit in
trust of the old second mortgage 5 per cent bonds ($3,120,000), and
have a second lien on the Fulton El. (now merged) as well as rest of
the property.
Kings County 1st mortgage trustee is Mercantile Trust Co. of N. Y.
(See abstract of first mortgage in V. 49, p. 237.) Trustee of Fulton
Elevated 1st mortgage is Central Trust Co., N. Y.
ROAD—Kings County owns double-track road through Fulton Street
to former city line; Fulton Elevated thence to new oity line.
Tracks were as follows on June 30,1898, 21-723 miles in all:
Tracks—
1 st.
2d.
3 d. Sidings, etc. Total.
Kings County El., miles..... 5 444
5*444
0-962
0*627
12-477
Fulton El., miles............... 2-884
2-884
0-475
3-003
9-246
L a t e st E arnings —July 1 to Sept. 30, 3 months:
Gross.
Net.
Oth. Ine. Int. A tax.
Balance.
1898...... $118,454 de&.$9,984
$265
$10,116
def $19 835
1897....... 162,378
16,752
3,938
96,160
def. 75,470
A n n u a l R eport —Fiscal year ends June 30. Results for 1897-98,
with balance sheet, were given in V. 67, p. 952, showing as follow s:
1897-98. 1896-97.
1 1897-98.
1896-97.
Gross............. $694,480 $725,314 Int. on bonds*. $120,072 $300,700
N e t..............
74,862
175,482 Rentals, etc.. 27,702
33,345
Other income.
7,385
16,870 T axes...........
23.559
58,760
Net income. $82,547 $192,352
Bal., deficit. $89,086 $199 763
* Receiver’s statement includes int. on bonds to Nov. 20,1897, only.
OFFICERS—President, James Jourdan: Vice-President, August B el
mont; Secretary, Henry J. Robinson; Treasurer, James H. Frothing
ham; General Man. and Purchasing Agent, W. T. Goundie. Office, 540
Franklin Ave., Brooklyn, N.Y.—(V . 67, p. 689,901,952, 956.)
L O N G IS L A N D E L E C T R IC RY- —Trolley,
O r g a n iz a t io n —Chartered March 5, 1894. Completed and in oper
ation in 1897 from Crescent Ave., Brooklyn, at the terminus of the
Kings Co. Elevated to Jamaica, Far Rockaway, eto. Power furnished
from its own power house. Through connection is made to the Brook
lyn Bridge over the Kings County Elevated Railroad.
SS SSS »
st?I£cf 6TO,0M.??.T.
1st mort’ge, $600,000 ( 1895
5 g. j - D
600i000 June i ' 1025
($1.000).............. c* ( Int. at Hamilton Trust, Brooklyn, T rL tee
EARNINGS.—For year ending June 30, 1898, gross, $82,770; net
$20,116; other income, $250; fixed charges, $31,782; balance, deficit,’
$11,416.
On June 30,1898, loans and bills payable, $20,000. Three
months ending Sept. 30 in 1898 gross, $34,199; net, $15 633. In
1897, gross, $28,622; ret, $12,579.
OFFICERS—President, A. R. Hart, 320 Pearl St., N. Y.; Treasurer
William L. Wood, of Jamaica, N. Y .—Y. 62, p. 548,7 7 9 ; y , 64, p. 330 ’
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NASSAU ELECTRIC RAILROAD
Ëp2th,;:W
aKdjm
SYSTEM.
NOTE
■ B E B O B B H 'n O peration
■ ■ a a a Franchises
_______ S A E
CL
1 MILE.
JRA1LTV A Y S
LATBUSH;
SßÄh“! ^
7~Fr c-W5
o ^ ';
S TR E E T
21
R A IL W A Y S .
N A S S A U E L E C T R IC R A I L R O A D —(See M ap on
page 20.)—A trolley road.
O rganization — Chartered March 13,1893, under the laws of New
York. 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 November merger with Brooklyn
Rapid Transit system was pending.
The Nassau Electric Railroad and its subsidiary lines in 1898 un
derwent recapitalization, by which provision was made for the r e
tirement of all of the outstanding securities of the various companies
controlled by it, viz.: The Nassau Electric Railroad Co., the Atlantic
Avenue Railroad Co., the Brooklyn Bath & West End Railroad Co., the
Kings County Traction Co.—see Y. 66, p. 39,183. The assets of the
Kings County Traction Co. were purchased at public sale in July, 1898,
by the syndicate conducting the consolidaion. V. 67, p. 74, 125.
The stock and bonds of the entire system as readjusted in 1898 were
expected to be approximately as below, but the Atlantio Avenue
bonds here included may be more or less reduced by voluntary ex.
ohange for Nassau Electric securities.
Outstand'g.
Date. Interest. Outstand’g. Maturity.
S to ck & B onds - ___
$5,750,000
---Common stock, $8,500,000
5,750,000
Preferred stock,$6,500,000
....
759,000 Oct. 1,1909
At. Ave. RR. 1st mort.......
. - - - - 5 A .-0 .
do.
oon. M., gold. 1891 5 g. A.-O. 2,241,000 Oot. 1,1931
Nassau El. new 1st M., .V _
nr>n
i a. o
$15,000,000...................
1898 4 g. J.-J. 10,500,000
1948
The new mortgage secures $15,000,000 of gold 4s, of which $1,500,000 reserved for future requirements, $2,500,000 issued in 1898 to pay
floating debt, etc., and the balance, $11,000,000, issuable only to retire
a like amount of existing loans. In August, 1898, it was understoodf
all the old loans of the system had been paid, or were on the point of
being retired, excepting the $3,000,000 Atlantic Avenue bonds shown
in the table above. For the ultimate redemption of these last Nassau
Electric 4s for a like amount are held in escrow—see Y. 67, p. 74, 125.
B U F F A L O N O R T H M A IN STR EET & TONAW A N D A R A IL W A Y —
ORGANIZATION— Incorporated in 1895. Stock, $75,000; par, $10 , s
mort. authorized ($1,000 each), $75,000; issued, $40,000; 6 p^o. bonds
dated 1895, due Sept. 3,1925, interest M&S, at Old Colony Thrust Co.,
Boston. Year ending June 30,1897, gross, $5.409; deficit under oper
ation, $3,605. Operated 5 % miles of road, extending from North Mam
Street, Buffalo, to Tonawanda, 45 lb. rails, but on Sept. 9,1898. opera
tion was discontinued against the protest of some of the security
holders. President, S. Dana Greene; Secretary and Treasurer, H. M.
Francis. Office, Buffalo, N. Y.—V. 61, p. 558; V. 67. p. 633.
BUFFALO
R A I L W A Y —A trolley road.
ORGANIZATION— Chartered Nov. 22, 1890. A consolidation of the
Buffalo Street RR., Buffalo East Side St. Ry. and West Side St. Ry. Com
panies. Franchise runs 955 years. It also owns the entire capital stock
06 the Crosstown Street Ry. In Jan., 1897, control of Buffalo Belle
vue & Lancaster Ry. was obtained, but report is not included in oper
ations of Buffalo Ry. In rune, 1898, it was understood that the stock
of the Buffalo Traction Co. had been purchased for or in the interest of
lheB uf.R y.—V. 66,p . 1139. Since Aug., 1898, transfers passengers
over Buffalo Traction lin es.-V . 67, p. 318. Buffalo police census o f
1895 gave population of city as 335,709.
Power is furnished by the Niagara Falls Power Co. at Niagara Falls
22 miles from Buffalo—see V . 63, p. 230, 923.
Q-rnrif & B onds — Date. Miles. Interest. Outstand'g. Last div.. < c.
k
B ^ a l o R * S t?k($100) ^
. . . . 4 & .-M . $5,370,5& S eg .1 5 ’98,1%
,
- V Z ™ J 1869
7 M .-N .
’ 95)500 May 1,1899
Buffalo St. Ry. IstM . f
payable at Nat. Bank of Commerce, N. Y.
;
at )
1875 .... 6&7J.-J.
650,000 July 1,1905
do
do
2d M. s j nk
payable at Nat. Bank of Commerce. N. Y.
300,000 June 1,1904
c 1874 ___ 7 J .- D .
Buffalo E.Side 1st M. s
j8 payable at Company’s office, Buffalo.
oa t t S 1882 .... 6 M .-S .
u
293,500 Sept.1,1912
do
do
2d M. < Int> ig payable at Company’s office, Buffalo.
1st Con. M. ($1,000) 5 1891
67 5 g. F.-A.
3,661,000 Feb. 1,1931
Road — Road extends from Broadway Ferry to Canarsie landing, 39th
S treet F e r r y , Sheepshead Bay, Manhattan Beach and Fort Hamilton,
about 68 miles of traok; former Atlantio Avenue lines, reaching City
Hall, Fulton, Wall and South ferries, Bensonhurst, Bath and Coney
Islan d ; total leased, 64 miles; total operated, 132 miles.
Atlantio Ave. RR. owns the double-track steam road from Jamaica to
Flatbush Avenue Station in Brooklyn
miles (19 miles of track),
which is leased for 99 years from June 1,1877, to the Long Island RR.
Co., affording 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. 828.
E arnings Et c —The fixed charges, other than taxes, w ill be about
$570,000 yearly, as against $737,000 in year 1897-98. For year end
ing June 30,1898, earnings, etc. were as below: (See Y. 67, p. 840.)
Gross earnings............$2,054,080 IInterest on bonds.......... $260,584
Operating expenses.... I,259,r38 I
177)111
Net earnings..........
Other income..............
$794,242 i
65,610 1
OM',OOo“gt,
“ped.'¡1897 5 ,. A . - O .
1,000000 Apr.1,1917
at 105 after Apr. 1, ( Trustee, Metropolitan Trust, N. Y.
1902 ($500,$1,000) J
Guaranteed bonds—Crosstown Railway.
Is tM . gold ($3,000,-J 1892 73 5g.M.-N.
2,830,000 May 1,1932
000), guar. p.& i . c* ( Int. is payable at Metropolitan Trust, N. Y. City.
Stock—Stock of Buffalo Ry., $6,000,000,of which $629,500 in treasury.
D ividends —In 1895, Sept., 1 p. c.; Deo., 1 p. o.; in 1896, 4 p. c.; in
1897, 4 p. c.; in 1898, March, 1 p. o.; Sept., 1 p. c.
Bonds.—1st. consol, mortgage of iSqi is for $5,000,000, of which in
Jan., 1898, $1,339,000 reserved for prior liens. Mortgage trustee,
Mercantile Trust Co., New York. The debentures of 1897 are secured
by deposit of $2,000,000 stock of Crosstown Street Ry.—V. 63, p. 1114,
The Orosstown Street Railway bonds unsold can be issued at $30,000
per mile for new construction certified by President and Secretary.
RO AD — Company on Jan. 1,1898, was operating road as follows;
Pn/irf owned in fee.
Miles. I Controlled by stock.
Miles.
Mainline and brs. (trolley). 40*60 |Crosstown St. Ry. of Buffalo 93 50
Main line and br. seo. track. 25*85
Total all tracks Jan. 1,’98.160*67
Sidings.................. . - - - * •- y _ ..)72
Weight rails......62, 67 and 94 lbs.
L a t e st E arnings —Including the Crosstown Street Railway—3
Total charges...........$810,028
Balance, surplus........... $47,824
Total net................ $857,852
GENERAL BALANCE SHEET JUNE 30, 1898
Liabilities.
A siftfits
Road and equipment...$9,301,229 Capital stock.............. $6,000,000 months -July 1 to Sept. 30:, .
Charges. Bal., sur.
Oth. ine.
Funded debt................ 4,849,000
3 months— Cross.
, Net.
Supplies......................
26,759
$148,654
$58,259
$7,461
Open accounts.............
66,077 Loans and bills payable 1,804,655 1898............... $447,237 $199,452
146,782
104,907
6,670
Interest accrued..........
60,612 1897............... 516,503
245,019
Cash............................
o l 'o l l Wages, supplies, etc....
122,040
The reports for the
Prepaid insurance.......
25,558
ANNUAL R epo r t — Fiscal year ends June 30.
9,589
Betterm’ts leased lines. 1,782,674 Open accounts............
269,698 entire system, including the Crosstown Street Railway have shown:
Int. in projected lines.. 2,000,000 Taxes and rentals acor.
Profit and loss, surplus.
174,674 Yr.todne30. 1898.
1897.
j
■
1898.
1897.
a v miles on
150
Balan., surplus.
Total assets........ $13,290,268
Total liabilities....$13,290,268 Gross earn.$1,875,462 $1,819,578 1 for year.... . .$293,642 $268,057
N e t ...........
870,524
837,992 Total surplus,
OFFICERS.— President, Albert L. Johnson; Secretary, W. F. Ham ; Int.&taxes.
576,882 569,9351 July 1......................... 811.371
Treasurer, Tom. L. Johnson. Financial Agents. R. T. Wilson & Co.,
BALANCE SHEETS JUNE 30, 1898.
33 Wall St., New York City. Office. 268 Twenty-third St., Brooklyn.
Buffalo Crosstown
Buffalo Crosstown
Railway. Railway.
Railway. Railway.
V. 67, p. 29, 74,125,178, 274, 318, 633, 688, 840, 954. '
Capital sto ck ...... *5,3 0,600 *2,860,000
U N IT E D
R A I L R O A D —Successor in January, 1898, to
Brooklyn Cable Co., which owned 3% miles of track on Park Avenue
t
(abandoned), and was sold in foreclosure Dec. 23,1897. Capital stock
is $300,000 ($100 shares).—V. 65, p. 1172; V. 66, p. 80.
VAN
BRUNT
STR EET
&
E R IE
B A S IN
R R . - A trolley road.
O r g a n iza tio n , E t c .— chartered Feb. 15, 1861. stock, $200,roo,
all issued; par, $10. Bonds, $25,000 1st 6s, A. & O., all issued, dated
1882, due April 1,1892. Road, 2 ^ miles, ohanged to electricity in
1898. Year ending June 30,1898, gross, $32,101; net, $6,357; charges,
$2,812; other deductions, $12,596; balance, deficit, $9,051. President,
Michael Murphy; Seo. andTreas., Wyllys Terry. Office. 264 Van Brunt
St., Brooklyn, N. Y.
B U F F A L O , N. Y .
P o p u l a t i o n 1890 w a s 255,664; IN 1880 w a s 155,134;
AND IN 1870 WAS 117,714.
C e8
O ciui0ome0
ntd .^ *11,99 6,528 *5,657,830
Securities owned. 1,243,079
Pash on band.
.
20,870
32,673
Open acct».. e t c ..
58,202
170,uös
Supplies on hand.
85,363
4,023
Funded debt. ...
In t. due & accru’d
B ills payable
Open accts., e t c ..
P r o fit and lo ss....
T o ta l ............. *13,354,047 * 5,*64,489
6,150,000 2,830,000
102,740
20,666
774,764
5,168
266,45s
24,896
689,591
123.769
T o ta l ............. *13,364,047 *5,864,489
OFFICERS— President, Henry M. Watson; Vice-President and Gen.
Manager, H. H. Littell; Secretary and Treasurer, Joseph S. Baecher.
Index —v . 65, p. 276; V. 66, p. 1139; V. 67, p. 318, 368.
BUFFALO
HAMBURG
& A U R O R A R Y .-
To be a trolley road,
ORGANIZATION— incorporated in 1898. Stook, $400,000; 1st mort
gage authorized, $400,000; Buffalo Loan Trust & Safe Deposit Co.,
trustee. Company was planning in Apr., 1898, for construction of 19
miles main line, brick power-house, car-house and turn-outs; total
traok, 21 miles.
OFFICERS—President, Walter Phelps; Vice-President, A. J. Benzing;
Sec. and General Manager, U. L. Upson, 1095 Elllcott Square, Buffalo.
B U F F A L O & N IA G A R A F A L L S E L E C T R IC
R A I L W A Y —a trolley road
.
O r ganization — A consolidation in May, 1895 ,of the Buff. & Niagara
BUFFALO B E L L E V U E & LANCASTER
R A I L W A Y —A trolley road. In April, 1897, company was said Falls and the Buffalo & Tonawanda Electric, which were chartered in
to be controlled by Buffalo Ry., ana drst mtg. 5s to be guaranteed.
S TO C K & B onds _
Date. Interest. Outstand^g. Last div., etc.
S S Ä ! .—
■
1897
83---B
ROAD— Owns and operates 15 miles of traok on 13 miles of street.
Vm end June 30. Cross.
Net.
Oth.inc. Int. < taxes.
&
Brdanee.
ia o t 7
$37.576 $3.714 $2,173
$12,025
def. $6,138
1895^6.” )!."” ! 41,188
5,633 2,401
10,314
def. 2,280
OFFICERS—President, H. W. B o x ; Vice President, H. H. Littell.
1894 and 1893 respectively to construct and operate a trolley
road between Buffalo and Niagara Falls via Tonawanda. Road opened
Sept. 20,1895. Power is furnished by Niagara Falls Power Company.
Company has traffic agreements with the Buffalo Railway and Niagara
Falls & Suspension Bridge Railway companies. On A ug 22,1898, the
Buffalo Kenmore & Tonawanda Electric Ry. was purchased at fore
closure sale, and will be used as a part of the Buffalo & Lockport line
between North Tonawanda and Buffalo.—V. 67, p. 427, 5*29.
22
STREET
& B0N D5-
RAILWAYS.
Date. Interest. Qutstand’g. Maturity.
Stock$1,250,000....... .
......
Q -M
BU TTE, MONT.
$1,250,000 Dec 15’98 1
1st M., $750,000, gold....... o 1895 5 g, J-J
750 000 July 1 1935
2d M.,$250,000, g.|s.f., red. )
1896 5 g. J-J
150, 000 JuLvl 1921
ait. 1901 at 105, $l,000.o I Iut. at Mercantile T r . , N . Y , trustee.
Bills payable July 1,1897, $21,596. Interest is payable at Mercan
tile Trust, N. Y. City. Profit and loss surplus July 1,1897, $5,282.
Sinking fund on 2d mortgage bonds is at least $10,500 a year, and
begins Oct. 1,1901, bonds to be purchased at not exceeding 105 p. c.
First quarterly dividend of 1 per cent paid Sept. 15,1898: Deo. 15
1898,1 p. c.
ROAD—Buffalo to Niagara Falls, 15 miles; 30 miles of track.
E a r n in g s , 3 months, ) 1898............ Gross, $61,040; net, $38,713
July 1 to Sept. 30.
\ 1897............. Gross, 69,663; net, 46,281
R eport —Operation was commenced September 20, 1895, and to
June 30,1896, 9*3 months, gross earnings were $73,536; net, $23,575;
interest and taxes, $29,419; balance, deficit, $5,844. For years ending
June 30 earnings have been *
1898.
1897.
T .
^
1898.
1897.
Gross............ $158,502 $135,343
Net...............
75,773
58,933
Other income.
1,995
1,413
$77,768
*60,316 I B al“ <
’6,OTire8r-» i i - " 5 i
OFFICERS—President, W. Caryl E ly ; Secretary, Treasurer and Gen.
Man’r., Burt Van Horn, Niagara Falls.—Y. 63, p. 558.
B U F F A L O TON A W A N E ) A & N IA G A R A
F A L L S E L E C T R IC RR. —A trolley road.
O r ganizatio n , Et c .—Incorporated in Sept., 1898, and absorbed the
Tonawanda street RR. Stock. $1,500,000; par, $100; outstanding,
(1). Owns and operates 10 miles of track, extending from W ard Road’
North Tonawanda, to Buffalo City line. To built a double-track road
from Buffalo City line to Niagara Falls, and also a system in Niagara
Falls, comprising in all 50 miles of track. President, James A .
Roberts; Secretary, John A. Read, North Tonawanda, N. Y.;
Treasurer, Benj. L. Rand, North Tonawanda. - Y . 67, p. 481,
P o p u l a t io n 1890 w a s 10,723; i n 1880 w a s 3,363;
a n d IN 1870 w a s 241.
BUTTE CO NSO LID A TED R A IL W A Y -T ro lle y
and steam.
Foreclosur e —Receiver is J. R. Wharton. Mortgage being fore,
closed in Nov., 1897. Cable line has been abandoned. Interest in
default.—V. 64, p. 663. In August, 1898, the earnings were satisfactory,
and it was hoped soon to get the company out of the receiver’s hands.
STOCK & BONDS—
Date.
Interest. Outstanding. Maturity.
$500,000
.......... f.
stocl£.........................................
<.......
Mortgage, gold
5 1891 6 g. J - J
500,000 July 1, i 6 l l
........... <Trustee, Mass. Loan < Trust, Boston.
fe
The owners of the stook also hold the entire issue of bonds.
Road lS 1 miles of track. Extension to Centreville, double track,
^
2 miles, had been completed in August, 1898.—V. 64, p. 663.
C A IR O , ILL.
P o p u l a t i o n 1890 w a s 10,324; i n 1880 w a s 9,011;
AND i n 1870 w a s 6.267.
C A IR O E L E C T R IC R A I L W A Y —
O rganization —Chartered in 1890. Operates 4’3 miles of traok.
—
Dale. Interest. OutsVd'g
Maturity.
Stock, $75,000; par, $100.......................... $52,400f.p. ..7.“ .“„ . . . . .
1st mortgage, currencv
5¿891 6 J - D 52,400
J u n e i, 1911
l Trustee is St. Louis Tr. Co., St. Louis, Mo.
OFFICERS—President and Treasurer, E. W. Halliday.
E G Y P T E L E C T R IC C O M P A N Y — A trolley road.
O rganization —Successor to Delta Electric Co., sold under fore
closure sale Feb. 13, 1896, to the bondholders. Four miles of traok.
Stock, $40,000; bonds, none.—V. 62, p. 364.
C A L A IS ,
ME.
P o p u l a t i o n 1890 w a s 7,290; i n 1880 w a s 6,173;
a n d i n 1870 w a s 5.944.
B U F F A L O T R A C T IO N ORGANIZATION—Incorporated in Nov., 1895, to construct 66 miles of
C A L A IS STR EET R A I L W A Y —A trolley road.
street railway in Buffalo and its suburbs. In March, 1896, an agree
O r ganizatio n —Stock, $100,0 00; first mortgage, 1894, 6s, j«feD,
ment for joint use of tracks on certain streets in center of city to pre $100,000 due June 1,’14. Loans and bills payable June 30, ’97, $2,200.
vent unnecessary paralleling of roads was made with the Buffalo Ry.,
Year ending June 30, 1897, gross, $23,982; net, $5,014; interest,
and in June, 1898, it was understood that the stock had been pur taxes, etc., $8,000; bal., deficit for year, $2,986. In 1895-96 gross,
chased for or in the interest of the Buffalo Ry.—V. 66, p. 1 1 3 9 . Since $25,707; net, $8,202; interest, taxes, eto., $6,469; balance, surplus
Aug., 1898, transfers passengers over Buffalo Ry. lines.—V. 67, p. 318. for year, $1,733.
The $5,000,000 bonds of 1897 are to be issued at not exceeding $50 - L ROAD—Calais Street Railway, lower wharf to upper bridge, Calais,
000 per mile.
4 miles; St. Stephen Electric St. Ry. Milltown, N. B., to St. Stephen, N.
8tockC 000°0 00S $3<
N
m i InteresL Outstanding. Maturity. B., 3 miles; total, 7 miles. The St. Stephen Electric St. Ry. is a separ
ate corporation, but is owned entirely by the Calais company.
1st mortg’e, $5,000,000'. 1897 5g.J-J
m
Jan T 1 9 3 7
O fficers —Pres., George A. Curran; Treas., C. W. Young, Calais, Me.
Trustee, Central Trust Co., N ew York.
Earnings —Y ear ending June 30,1898, gross, $42,705; deficit under
operating, $12,808; charges, $33,053.
Road —I n Dec., 1897, operated 13*3 miles of track and 21 motor cars
P o p u l a t i o n 1890 w a s 58,313; i n 1880 w a s 41,659;
DIRECTORS—E. G. S. Miller, Joseph B. Mayer, Leonard B. Crocker,"
AND i n 1870 W AS 20.045.
Washington Bullard and Herbert P. Bissell, of Buffalo; Tom L. John
C A M D E N G L O U C E ST E R & W O O D B U R Y
son, of Cleveland, Ohio; Richard Ladenburg, John K. Page and Louis
R A IL W A Y .
Kahn, of New York. President, Edwin G. S. Miller; Secretary and
S tock & B onds —
Date. Interest. Outsland’g. Maturity.
Treasurer, Joseph B. Mayer.—V. 66, p. 1139; V. 67, p. 3i8.
Stock paid in.....................
....................... $600,000
1st mort. ($500 each).........
1894 6 M«feN
400,000
‘ ‘ l904
Int. at Security Tr. < S. D. Co. (trustee), Camden.
&
B U F F A L O & W IL L IA M S V IL L E ELEC - RYOther debts Jan., 1898...................................
161,292
O rganization —Chartered August 10, 1891. In February, 1897,
Road - Jan. 1,1898, owned 22-40 miles of traok. Total cost of road
stook, $75,000; no bonds. Operates 4*2 miles of track, Buffalo to
Williamsville, 56-lb. rails. For year ending June 30, 1898, gross, and equipment to Jan. 1,1898, $1,266,761.
Earnings —I n year ending Deo. 31,1897, gross, $123,423; expendi
$12,161; net, $4,459; taxes, $586. In 1896-7, gross, $12,633; net, $4,9 4 1 .
OFFICERS—President and General Manager, J. Blooher; Vice-Presi tures for repairs, $12,259; for superintendence and management,
dent, E. C. Longneoker; Secretary, A. C. Rinewalt; L. E. Grove, Supt. $64,947; balance for year, $46,217; interest on bonds, $24,000.
OFFICERS—President, J. Willard Morgan; Secretary, T. P. Curley
and Treas.
Treasurer, W, J. Thompson.—V. 62, p. 232.
C A M D E N , N. J.
B U R L IN G T O N , IO W A .
C A M D E N & S U B U R B A N RY. —A trolley road.
O rganization —Formed in 1896 to control the Camden Horse RR.
(which is leased) and the West Jersey Traction Co. Capital stook
Issued to Jan. 1, 1898, $905,500; par, $25; paid in, $90,550; funded
B U R L IN G T O N R A I L W A Y & L IG H T CO—
O rganization —A consolidation of Burlington Electric Ry., Burli debt, $273,000; other debt, $53,950.
EARNINGS—For year 1897, gross income from passengers, $249,436;
ngton Gas «fe Fuel Co. and Burl. Eleo. Light Co. in 1897._V. 64, p. 329.
from other sources, $20,089; total income, $269,525; operating ex
S tock & B onds —
Date. Interest. Outstand’g. Maturity.
Stock, $1.250,000
penses and repairs, $244,448; net, $25,077.
5Jl897 5 A -O $625j000 Oct i ' 1 9 1 7
ROAD—Traok, 6 miles; Camden Horse RR. leased, 32 m.; West Jersey
red. aft. 5 y rs at lOS.cur.o* f Int. at American L.&T.,Boston,trustee
Traction Co., 5 miles; total, 44 miles. Extension Collingswood to
Rond»—Mortgage covers railway, electric-light and gas plant. Bond^
Haddonfleld in operation in 1898.
for $125,000 are reserved for extensions to gas plant.
President, Wm. S. Scull; Vice-President, B. C. Reeve; Secretary, M .
Road —Total traok l e ^ miles trolley; 40 and 66 lb. T rail.
W. Hall; Treasurer, H. Lippincott.—V. 62, p. 682.
OFFICERS—President, F. G. Jones; Secretary, Edwin G. Mo innes
( 1 ) CAM DEN HORSE RR. — trolley and horse road.
A
INDEX—V. 62, p. 232 ; V. 64,p.41, 468, 753.
ORGANIZATION—Incorporated March 23,1866. In April, 1896, oon*
trol was acquired by the Camden & Suburban Ry., which leased the
road from April 1,1896. Rental, etc., received in 1897, $40,600, from
which paid 16 p. c. on stook.
P o p u l a t i o n 1894 ( l o c a l e s t .) 17,000; i n 1890 w a s 14,590AND i n 1880 w a s 11,365.
STOCK & B o n d s —
Date. Interest.
Outstand’g. Last div., etc
Stock ($25) paid in.............
See text.
$250,000
See text. .
1 st mortgage..........................
5
250,000
1909
B U R L IN G T O N T R A C T IO N CO.— trolley road
A
1st cons. M. ($500,000)
’
±Muy
189 2
5 M _N
250,000 May 1,1912
Win. &B. Horse RR. 1 s t )
' ’
* ia¿,50° ..................
Other debts Jan. 1 ,’98............
.......
176 000
J
M., $150,000, gold, > 9^ xr1 §9L , 6 SiJ_J 125,000 Jan., 1924
Interest payable at New Jersey Trust Company, Camden, N. J.
$500 < $ 1 , 0 0 0 . < 35
fe
Not subject to call before maturity.
Dividends—1892, ’93, ’94 and ’95, 8 p.c. per an.; ’96,14 p.c.; ’97,16%
Interest is payable at offlo j f trustee, Burlington Trust Co.
Road .—Jan. 1 , 1898, operated 32 miles of track. Cost of road and
ROAD—Owns 91a miles of track in city of Burlington. Rails 50-lb equipment to that date, $1,098.946.
T • Owns 8 box oars, 10 open cars, 3 snow plows.
OFFICERS—President, Wm. S. Scull; Vice-President, B. C. Reeve; Seo.
EARNINGS for year ending J une 30,1898: gross, $48,989; net,$16 180- retary, Samuel T. Corliss; Treasurer, G. G. Browning.—V. 62, p. 682.
interest, $7,500; balance over interest, $8,680.
( 2 ) WEST JERSEY TRACTION 0 0 .—
OFFICERS—President,EUasLym an; Vice-President, Jos. A Power
Owned by the Camden < Suburban Ry. Stook, $65,000. Miles of
fe
Treasurer, W. F. Hendee; Secretary, B. H. Eagan.
traok, 5. Franchise granted by city in 1894.—V. 62, p. 682.
P o p u l a t i o n 1890 w a s 22.565; i n 1880 w a s 19,450;
and
in
1870
w as
14,930.
B U R L IN G T O N , V T .
STKEET
C E D A R R A P ID S , I O W A .
C A N A N D A I G U A , N. Y .
P o pulatio n 1890
w as 5,868 ; in 1880 w as 5,727 ;
ano in 1870 w as 4,862.
C A N A N D A IG U A E L E C T R IC -L IG H T & R R O rg anizatio n —Chartered in 1888. Owns and operates an electrloght plant and 4 miles of street road, and owns majority of stock of the
anandaigua Gas Light Co., all of which properties are covered by its
onds.
STOCK & B onds —
Date. Interest. Oustand’g.
Maturity.
$150,000
................
took.........................................................
(1897 6g. J-J
160,000
1927
st mort., gold ($500 each).. < Trustee, Rochester Tr. & S. D. Co., Roch.,
(. N. Y.
R oad —Owns 4 miles of track; 44-lb. rail on 3 miles, 36-lb. on 1
lie ; 5 cars. EARNINGS—For year ending June 30, 1897, gross inome, $4,793; net, $2,395.
CANTON,
w as 26,189; in 1880 w as 12,258;
and in 1870 w as 8,660.
E L E C T R IC
P o pulatio n
in 1890 was 18,020; in 1880 was 10,104;
and
IN 1870 was 5.940.
C E D A R R APID S & M A R IO N CITY R A I L
W A Y — trolley road.
A
STOCK & B onds —
Miles. Date. Interest. Outstand’g. Maturity.
Stock............................................................. $316,000
.............
i«+M .$250,000$1 ,uuuo. U 3 84 American Loan 250,000 July Boston
« 2^0 000 < 1 OOOn ^
R
1891 5 J - J - & Tr., Trustee, 1,1931
1stM
ROAD—Owns road in operation 12'04 miles in length, extending from
Cedar Rapids, Iowa, to M arion; second track, l -4 6 ; sidings, *34; total
of all. 13'84 miles. Rails 45 and 58-lb. T and tcirder.
OFFICERS—President, P. E. H all; Vice-President, W. D. Douglass;
Secretary and Treasurer, John S. Ely; Superintendent and Purchasing
Agent, F. L. Diserens.
C H A M P A I G N , IL L .
O.
P o pulatio n 1890
C A N T O N -M A S S IL L O N
WAY.—Atrolley road.
-.
23
RAILWAYS
R A IL
ORGANIZATION— Chartered in 1892, and absorbed the Canton Street
Railway and the Lake Side Street Railroad companies.
STOCK & Bo n d s — Miles. Dale. Interest. Outstand’g. Maturity.
St’k, $525,000 ($100) .................................. $525,000 ...................
Canton Street Ry. 1st $
5 ....... 6 M - N
225,000 ...................
currency............... < Interest at National Bank of Commerce, Boston.
Canton-Massillon 1st 5 13Rj 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 lien on the Interurban and the Massillon divisions. Neither issue is subject to oall.
R o a d — Company on Jan. 28,1895, owned street railway in the cities
of Canton and Massillon and an Inter-urban line between, connecting
them. Mileage 18 ^ miles single track. Rails 40 to 60 lb., being
girder in the cities and T rails on the Inter-urban division.
OFFICERS— President and Treasurer, Wm. A. Lynch, Canton, O.
P o p u l a t io n 1890 w a s 6,619; in 1880 w a s 5,103;
a n d i n 1870 w a s 4.625.
U R B A N A & C H A M P A IG N R A IL W A Y G A S
& E L E C T R IC C O O r g a n iz a t io n —A consolidation in 1897 of Urbana & Champaign
Electric St., 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.
STOCK & Bonds —
Date. Interest. Oul8tand’g. Maturity.
Stock $250,000.............................................. $250,000
..............
O. & U. Ry. G. & E. M„ $250,-) 1897 5g. J-D
(?) • June 1.1917
000, g., s. f., $8,000 yr. June >Int. at 1 1 Tr. & Sav’gs Bank, Chicago,
1.
1.1900 and after ($1,000) .o* ) trus., or at Chase Nat. Bk., N. Y. City.
ROAD— Operates 11 miles of track.
OFFICERS*—President, Treasurer and General Manager, B. F. H arri ,
Jr.; Secretary, N. M. Harris.
C H A R L E S T O N , S. C.
P o pulation 1890
C A P E M A Y » N. J.
P o pulatio n 1890
w as 2,136; in 1880 w as 1,699
and in 1870 was 1,248.
C A P E M A Y D E L A W A R E B A Y & S E W E L L ’S
PO IN T E L E C T R IC R A I L W A Y -A trolley road.
O r g a n iz a t io n — A consolidation in 1892. The road Is operated only
from May 15 to Sept. 15 of each year. Leased in 1896 to Cape May
Transportation Co., John W. Thompson, President, at annual rental of
$7,500.
STOCK & B onds —
Date. Interest. Outstanding.
Maturity.
Stock paid in (par $50)...............................
$150,000
..........
1st mort. ($150,000;...our. 1893 (text) F -A
150,000 Feb. 1,1923
Interest was reduced to 5 per cent for 5 years from Feb. 1,1896.
In 1894 and 1895 but one interest payment was made by mutual con
sent of bondholders. Trustee is N. J. Trust & S. D. Co., Camden, N. J.
R o a d — Operates 6*4 miles in city of Cape May and extending to Cape
May Point and Sewell’s Point; total track, 9*4 miles.
Earnings —F or year ending Dec. 31,1897,gross, $16,998; net, $1,919.
In 1896, gross, $19,161.
OFFICERS—President, G. G. Browning; Secretary, John J .Burleigh;
Treasurer, Benj. O. Reeve. Office, Camden, N. J.
C A R B O N D ALE , PA.
P o p u l a t i o n 1890 w a s 10,833; i n 1880 w a s 7,714:
a n d in
1870
w as
6,393.
C A R B O N D A L E
T R A C T IO N
C O . - A trolley road.
ORGANIZATION— A consolidation on March 5,1896, of the Carbondale & Forest City Passenger Ry. and Carbondale Traction Co.
STOCK & B onds —
Date. Interest. Outstand’g. Maturity.
Stock auth., $450,000)........ ......................
$450,000
.............
1st M. ($500 & $1,000) o* & r. J1892 6 g J-J
T 150,000 July 1,1922
J
($150,000), gold................. ( Int. at Cen. Trust Co., trustee, N.Y. City.
Carb. & Forest City Pass. 1st j Q , A _ T t
Q
nnA
M. $300,000 gold o*........... \ 1894 6 g J_J
300,000
.............
Consol. M ,$450,000, gold...... 1896 5 g. July, ’98, none. June 1 ,’26
Loans payable June 30,1898.......................
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 con
solidation agreement, to be given in exchange for the $300,000 Car
bondale & Forest City Passenger Railway bonds mentioned above.
R oad —System includes 15 miles of road, beginning at Forest City,
Pa., and running through Vaudling, Riehmondale, Wilson Creek,
Simpson, Carbondale, Mayfield, Jermyn, Archbald to Peckville, where
it connects with Scranton lines.
EARNINGS—Year ending June 30, 1898, gross, $61,185; operating
expenses, $44,392; net, $16,793.
OFFICERS—President, E. E. Hendrick; Secretary and Treasurer, R. A .
Jadwin; Gen. Manager, O. E. Flynn. Main office, Carbondale, Pa.
w as 54,955; in 1880 w as 49,984;
AND IN 1870 W AS 48,956.
C H A R L E S T O N CITY RY . - A trolley road.
O r ganization —I ncorporated Jan. 28,1861. Charter was renewed
in December, 1893, for 30 years. Motive power ohanged to electricity
in July, 1897, and all the other street railways of city acquired.
STOCK & B onds —
Date. Interest. Outstand’g. Last div., etc.
Stock, $850,000 (par $50)............
J-J
$850,000 Jan. 4,’97, 3%
1st M.($1000)$850,000,g’d.c. 1898 5 g.J-J
740,000
Jan. 1, 1923
Tax free. Int. at Merci. Tr. &Dep. Co, Balt., trustee.
Bonds for $110,000 reserved for extensions and improvements.
EARNINGS— Road completed June 30, 1897. For year ending June
30,1898, gross, $168,506; net, $61,505; int., taxes, &e., $52,050; bal.,
surplus for year, $9,455. July 1 to Oct. 31, 1898 (4 months), gross,
$61,441; net, $28.018, against $26,079 in 1897.
Road —July 1» 1898, system embraced 30 miles of electric road.
OFFICERS—P r ident, John G. McCullough; Secretary and Treasur
er, F. D. McEowen.—V. 64, p. 706; V. 65, p. 869,1172.
C H A R L E S T O N & S E A S H O R E R A IL R O A D .—
A trolley road.
O r g a n iz a t io n — Road operated from August, 1898. Also owns t< rminaia at Mt. Pleasant and Isle of Palms, ferry line, steamer, etc.
STOCK & B onds —
Date. Interest. Outstanding. Maturity.
Stock $350,000, par $100............................
$350,000
.............
1st M. $350,000, gold ($500 ( 1898
5g M -N
350,000
.............
and $1,000 each)..........o <Int. at Balt. Trust & Guar. Co., Balt., Md.
Bonds are redeemable at 105 for sinking fund purposes only and
¿over all the property of the company.
R o a d — Owns 10 miles of road from Mt. Pleasant (connecting by
ferry with Charleston), to Sullivan’s Island and Isle of Palms, a sum
mer resort on the Atlantic coast.
OFFICERS— President, J. S. Lawrence; Treasurer, Geo. B. Edwards;
Secretary, P. H. Gadsden.
C H A R L O T T E , N. C.
P o pulatio n 1890
and
w as 11,557; in 1880 w as 7,094;
IN 1870 w as 4,473.
C H A R L O T T E E L E C T R IC
P O W E R CO.— trolley ro .
A
ad
RY., L IG H T
&
O rganization —Successor to the Charlotte Street Railway, whose
charter was amended in March, 1895, and name ohanged as above.
The road is operated by the Charlotte Consolidated Construction Co.,
which owns all the bonds. Population in 1896 is reported to be 20,700.
In February, 1898, seoured right of way for extensions and permis
sion to lay gas mains.—See V. 66, p. 384.
STOCK & B onds —
Miles. Date. Interest. Outstand’g. Maturity.
Stock, $60,000, par $50................................. $60,000 f. p................
Char. St. R l 1st M., gold. .. 1892 6g. J-J
100,000 Jan. 1,1922
Bills payable Deo. 31,1897 ..
..........
26,532
...... .......
Interest at Mercantile Trust & Deposit Co. of Baltimore, Md., trustee.
The bonds are not subject to call before maturity.
P opulation in 1890 w as 4,920; in 1880 w as 4,320.
Road—I n February, 1898, was operating 47 mijes of track. Extens
C A T S K I L L E L E C T R I C R Y —Chartered in 1896. Owns sion of system and double-tracking on main street.
and operates a road in Catskill village two miles in length. Stock,
A n n u a l R e p o r t .— For year ending Dec. 31,1897, gross, $52,377;
$30,000, authorized by RR. Commissions in Aug., 1898, to be increased net, $26,041; interest charges, $6,000; balance, surplus for year,
to $400,000. Road is to be extended to Windham, Cairo, and other $20,041. In 1896 gross earnings were $52,977; net, $25,813. Total
villages in Greene and adjacent counties, making a mile 16 miles long, surplus January 1,1898, $54,911.
President, Louis F. Roberts. Daniel F. Lewis,' former President of
OFFICERS—President, E. D. Latta; Vice-President, E. B. Springs.
Brooklyn City Ry., is also interested.
Secretary, J. L. Chambers; Auditor, F. A. Savin.—V. 64. n. 329,384. *
C A T S K IL L , N. Y .
STREET
24
C H A T T A N O O G A , TENN.
P o pulatio n 1890
w as 29,100 ; in 1880 w as 12,892 ;
and in 1870 WAS 6,093.
C H A T T A N O O G A E L E C T R IC R A I L W A Y CO.
O rganization —Successor February, 1896, of Chattanooga Electric
By. of 1891, foreclosed. No new bonds were authorized. Said to serve
in all about 49,000 people.
STOCK & Bonds —
Date. Interest. Outstand’g. M aturity.
Stock authorized, $645,000..........................
$645,000 ..................
City Street BB. 1st M ........... 1882 6 J - J
300,000
1912
Ohatt. Elec. Street B B ....... $ 1889
6 F -A
250.000 Feb. 1,1909
1st M. $250,000, $1,000.. \ Trustee Union Trust Co. of Philadelphia.
Interest Chatt. Elec, first 6s paid at Maryland Trust Co., Baltimore.
EARNINGS—For 6 months ending April 1,1898, increase of $3,036
over same months in 1896-7.
Road—Has 32 miles of track on 25 miles of street.
OFFICERS (elected Dec., 1897J—President and Treas., J. H. Warner;
Vice-Pres, and Sec., Edwin Warner, Nashville, Tenn.—V. 63, p. 1114.
C H A T T A N O O G A & LO O K O UT M O U N T A IN
R A IL R O A D — steamroad.
A
ORGANIZATION—a reorganization of the Chat. & L. M .By. Operated
by and in connection with the Lookout Incline & Lula Lake By., oper
ating a cable road from Chattanooga to the top of Lookout Mountain,
88 miles. No stock or bonds had been issued in August, 1898.
R o a d .—15 miles of track. Extensions proposed to Book 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, Wm. A. Bird.
C H A T T A N O O G A R A P ID
T R A N S IT CO.-A
trolley road.
ORGANIZATION.—Chartered in 1897. In March. 1898, leased from
the Belt By. the exclusive right for 45 years to conduct passenger,
mail and express traffic on 14 miles of the latter’s lines. V. 67, p. 72.
STOCK & BONDS—
Date. Interest. Outstanding.
M aturity.
Stock, $200,000 (par $100).........................
$200,000
................
1st Mort., $200,000, gold < 1898 6 g. J-J
(?)
................
($1,000 each)............... ( Inc. at Cit. Bk. & Tr. Co., Chatt., trustee^
Road .—On July 1,1898, owned 1 mile of road; leased 14 miles; total
operated, 15 miles.
OFFICERS.—President, S. W. Divine; Vice-President, G. W. Daven
port; Secretary, W . B. Boyster.
R A IL W A Y S
cent of the actual cost of betterments and extensions. Bonds are
subject to call on July 1 of any year at 105 on 6 weeks’ notice. Sink
ing fund will retire $50,000 year y, beginning July 1,1909.—V. 67
p. 689, 900.
R oad —Entire projected line is 30 miles. Waukegan, 111 to Highland
.,
Park, about 16 miles, operated and being double-tracked in Nov.,
1898; Highland Park to Evanston also to be double-track and com
pleted early in summer of 1899.—See description oi road in Y. 67,p.900.
EARNINGS.—For 3 months ending Oct. 1,1898, while first 16 miles
were under construction, gross, $12,025; net, $4,353.
O fficers —President, George A. B all; Vice-President, A. C. Frost,
Treasurer, J, W. Mauck; Secretary, George M. Seward.—V. 66, p. 900;
V. 67, p. 689, 900.
C A L U M E T E L E C T R IC
W A Y .— trolley road.
A
STR EET
R A IL
R eceiver —In May, 1897, control passed to the National Bank of
Illinois (which holds $483,500 of the stock and $2,843,000 of the
5s of 1894) and a receiver was appointed. Receiver, Gen. MoNulta.
in May, 1898, was authorized to expend $60,000 in improvements.
STOCK & BONDS—
Date.
Interest. Outstand’g. Last div., de.
.......
$500,000
.......
Stook ($100) (see text)..............
Beceivers’ certificates... 1897-8 6 p. o.
195,000 Bed. at option
1st M., gold, red. at 110. 1892
6g. M-S
51,000 Sept. 1,1912
Cons, mort. ($3,000,000). 1894
5 g. M -N
2,949,000 Nov. 1,1909
D e fault —Interest due May 1,1897, on 5s of 1894 was not paid.
Road —Operates a road, mostly doubled-tracked, embracing in all 72
miles 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, Burn
side and Manhattan Beach. 78-lb. rails.
EARNINGS—M ay 1,1897, to Ang. 31,1898,16 months, gross, $281,786; expenses for operation and construction, $297,410. Receiver’s
certificates were issued for additional construction, etc.
DIRECTORS (elected May, 1897.j—John C. McKean, G. E. Adams
Charles R. Corwith, E. A. Frost and John Farson. President, John
Farson; Secretary and Treas., H. B. White.—V. 64, p. 798, 887,1088
V. 67, p. 1002.
CHICAGO
electric road
.
CITY
RAILWAY.-Horse, cable an
d
ORGANIZATION—Incorporated in February, 1859, and has extensive
surface road privileges in the south division of Chicago. In Feb., 1898,
was incorporated the Chicago City By. Rapid Transit Co., with a cap!
IN C L IN E & N A R R O W G A U G E R A I L W A Y — tal of $L,000,000, to build an elevated road in Dearborn Street from
Road —2% miles of track, of which % mile incline cable and 3 miles
the heart of the city to Thirty-ninth Street, to be used as a trunk line in
steam. Capital stock, $100,000. President, D. Woodworth.
bringing in the City Railway Company’s trolley cars. In June, 1898
it was reported that the General Electric Ry. had been purchased for
S IG N A L M O U N T A IN R A IL W A Y $950,000. Y. 66, p. 1188. In July, 1898, it was reported that plans
ORGANIZATION—Successor to Chattanooga & North Side Street By.,
had been revived for bringing the Chicago City, North Chicago Street
sold in foreclosure June 24,1896, for $8,100. Capital stock is $500,and West Chicago Street under a single man tgement by lease, consol
000. No bonds. Owns 3*2 miles main track and 1 mile sidings; leases
idation or otherwise. Y. 66, p. 221.
North Chattanooga St. Car Co., 2Lj miles main track and % mile sidings;
STOCK & BONDS—
Date. Interest, Outstanding. La st div., de.
total track, including sidings, 7% miles. Motor cars, 9 (3 leased.)
Stook ($100) (see text) • ....... text,Q-M,31 $12,000,000 Sept. 30,’98,3%
Gen. M. $6,000,000.1
CSubject to call
President and Treasurer, John Orr.
($100) ($500) ($1000) [
1887 4*a J. - J.
4,619,500 3 on 60 days
4*2, currency___ o* ) Trustee, C. L. Hutchinson. ’
(
notice.
STOCK—Amount of stook was placed at 100,000 shares of $100
each, with right to increase the same Rt pleasure of the company.
P opulation in 1890 w as 20,226; in 1880 was 14,997;
January, 1896, $2,000,000 additional stock was authorized for building
and in 1870 w as 9,485.
new electric lines, making total stock $12,000,000; of this, $1,000.000
C H E ST E R TR A C T IO N — trolley road.
A
ssued July 2 and $1,000,000 on Oct. 2,1896. See V. 62, p, 183. In
C o n s o lid a tio n —In January, 1898, control of Chester Traction & June, 1898, it was reported that the stock would be increased to $14,.
Wilmington City By. (Delaware), was obtained in the same interest. 000,000 to pay for the General Electric By. and provide for improve
January 1,1897, the Chester Traction Co. held all the stock of the ments. Y. 66, p. 1188,1236.
Union Bailway Co., $100,000, Chester & Media stock, $35,000, Chester
B onds —The bonds outstanding are of the denomination of $100,
Darby & Phila. stock, $65,000; total, $200,000.
$500 and $1,000 each and are secured by a general mortgage exe
A ll interest payable at Delaware County Trust Co., Chester, Pa. In cuted in 1887. The mortgage is limited to $6,000,000 and the bonds
terest upon all subsidiary securities guaranteed by Traction Co.
are due July 1,1901, but subject to call any time on 60 days’ notice.
Date. Interest. Outstanding. Last Div. de
Stock & Bonds—
DIVIDENDS—Usually 12 per cent, were in 1893,24per cent; in 1894,12
Stock ($500,000)...........
$500,000 July,’95,4% p. 0.; 1895,15 p. 0.; in 1896,12p.c.; in 1897,12p. 0.; inl898,Mar.,3p.o.i
1st M., gold, ($250,000)....... 0*1894 5 g M -N
250,000 May, 1,1914
Bills payable June 30,1897..........................
39,000
.......... June, 3 p. c.; Sept., 3 p. c. Total carried Jan. 1 to June 30,1898, were
Securities o f subsidiary lines.
45,000,000, against 45,000,000 in 1897.
Un. By. Co. stk. ($100,000) ($ 5 0 )....................
100,000
ROAD— On Jan. 1,1898, company operated 190 miles of track, viz.:
lstM .,g ., ($500 & $1,000) .0.1893 5 g J - J
200,000 Jan. 1,1913
Chester St. By. stock ($50)............ 10 J -J
150.000
Jan., 1898 Cable road, 35 miles; electric, 150 miles; horse, 5 miles.
Chester & Media Elec. By. stock ___ 6 J -J
100.000
Jan., 1898
ANNUAL R e p o r t —Fiscal year ends Deo. 31. Report for 1897 was in
1st M. ($100,000) gold....... 1893 5 g J-J
100,000 July 1,1913 V. 66, p. 182, and gave earnings, etc., as follow s:
Chester Darby & Phila. stook.. .... 6 J -J
100,000
Jan., 1898
Year ending Dec. 31—
1897.
1896.
1895.
IstM . ($125,000) gold....... 1893 5 g J-J
125,000 July 1,1913
Gross earnings..........
$4,816,516
$4,808,867
$4,476,824
R oad —Company in July, 1897, operated 28*7 miles of*track:
Op. expen. and taxes.
2,908,982
2,977,209
2,807,726
Miles. '
Milts* P. c. op. ex. to earns..
(60-84)
(61'96)
(62’72)
Union By. Co.......................
8*4 Chester Darby & Phila. Co...
7*4
Chester St. By. Co................
7*5
$1,907,534
$1,831,658
$1,669,098
Net earnings.......
Chester & Media Eleo Co___
5*4
Total................................ 28*7
Interest on bonds......
$207,877
$207,877
$207,887
O ffic e r s .—Pres., C. M. Clark; Yice-Pres., E. J. Moore; Sec’y and Reconstruction..........
50,000
IT 181,568
If92,509
Treas., C. Ford Stevens; Bullitt Building, Philadelphia.
Dividends............ (12p.c.)l,440,000(12p.c.)l,289,787(12p,c.)l,140,000
Y e a r l y E arnings —Year ending June 30, 1897, gross, $210,916
Balance, surplus..
$209,657
$152,426
$228,702
net, $103,731; mt., rentals & taxes, $68,034; dividends, $20,000
IT Includes in 1896 depreciation and new rails. In 1895 deprecia
tion, reconstruction of State street, etc., $92,511.
CHESTER, PA .
C H IC A G O , IL L .
P o pulatio n 1890
w as 1,099,850; in 1880 w as 503,185;
and in 1870 w as 306.605.
C H IC A G O & M IL W A U K E E E L E C T R IC RY.
»—A trolley road. (See M a p , p . 2 5 .)
O r g a n iz a t io n —Successor by purchase to Bluff City Electric St. By.
STOCK & B onds — Date.
Interest.
Outstand’g.
M aturity.
Stock, $1,000,000............. ...................
(?)
....
1st M., $1,000,000, g. < 1898
5g. J.-J.
$400,000
July 1,1918
($1,000 each) o......( Int. at 1 1 Tr. & Sav. Bank, Chicago, Trustee.
1.
Of the $1,000,000 authorized $400,000 were delivered by the Trus
tee upon the power plant and 16 miles of road between Waukegan and
Highland Park, and balance are to be delivered at the rate of 75 per
NE T EARNINGS FO R 8 YE AR S.
... .......................
1895.........$1,669,098 I 1892.......... $1,59 L,510
1897........ $1,907,534 1894.......... 1,425,934 1891.......... 1.338,882
1896 ...... 1,831,658 1893......... 2,637,949 |1890.......... 1,139,897
OFFICERS— President, M. K. Bowen; First Vice-President, W. B
Walker; Second Vice-President, Joseph Leiter; Treasurer, T. C. Penington; Secretary, F. R. Greene.
D irectors— (Jan. ’98) Samuel W. Aller ton, Joseph Leiter. D. G.
Hamilton, George H. Wheeler, Wm. B. Walker, George T. Smith., M. K.
Bowen.—V. 66, p. 182, 1188, 1236; V. 67, p. 221, 635, 690.
C H IC A G O CITY R A I L W A Y TR A N SIT C O .See Chicago Cit y R a il w a y .
STREET
25
RAILWAYS,
wir
lm Grove
Waukesha.Beach ü —p 0rest Ho.,
s
M IL W A U K E E
w aukeshA
Dousman oh/ Ägo
c
"western I ry.
Dayton Par
Miner
, Boot Cr./,
Genesee Depoty
° %
Ottawa» North Prairie
»AH Y
¡ oH¿les Cors. ^
Lake
S. M IL W A U K E E
Smlih°
St.Martiñso
Stargard o
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❖
oJurham
)
4^
L L V IL L E
\
1
v T r o y CepÄ
Adams
\<J
,
Oakwo< d
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!/ £
Mayhew/*,
Hilburn0
0T r o y
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..
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,
/STATION
.
. .1 R V-A
!
m
IÈNOSHA.
IG BLUFF
KEGAN
O R TH C H IC A G O
H IG H W O O D
! ®
\
HIGHLAND PARK
.E y A N S T O N
^BVA'N S T O N
»A N S T O N
jlB p a r k
East P la tè a ^
lAsft'.Hil Sta.
JsejHill
B ll
Igewater
■Bum
Sedale
Coleman
M AT*
SHOWING ROUTE OF
CHICAGO & MILWAUKEE
E L E C T R IC
R A IL W A Y .
Lomeara
26
STREET
RAILWAYS.
C H IC A G O E L E C T R IC TRACTION-Storagebat’y struction Co. at $18-90 a share; the stock itself will be held in a ten
.
HISTORY.—S ccesso in
u
r Jan.,1898, to Englew & C icago E
ood h
lectric year voting trust.—Y. 62, p. 908.
By., foreclosed per plan in 65, p 728. T e new secu
Y.
.
h
rities (n n
oe
j Bonds—The gold debentures are secured by deposit of the old bond
ou
tstan in in M 1898.) will be
d g
ay,
:
JiEW SEGURiT1 3!
Date.
Stock to be held 5 years >
invotin trust
g
........j
Interest. Authorized.
___
with the Northern Tr. Co.; their p. and i. are guaranteed by the North
western Elevated RR. Co. When all the old bonds have been ex
Maturity.
a
............ $ ,0 0 0 ................ changed, they will be reissued to the extent of 60 per cent, and th
2 0 ,0 0
ist mort., subject to c a ll)
1898 5 g. J - J
500,000 July 1,1928
at 105, gold.............. J First coupon payable July 1,1898.
Consol, mort. incomes)
, Q„ 0 _ . J;
„
'
for 5 years.................(
1898 5 A-O
2,000,000 Jan.1,1928
balance oanoeled.
Road Owns in Chicago a double-track elevated railway, Marke
Street from Madison Street to Lake Street, thence to the Western cit
I llmit8>beinS 6 2-5 miles, equal to 1414 miles of single track. Connect
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 1)3 miles surface, which will be
built by the Cicero & Harlem Ry. Co.—which see below,
j R eport —Fiscal year ends Deo. 31. Report for 1897, V. 66, p. 131.
„
1897.
1896.
1897.
1896.
£ ross............. $579,961 $573,669 Taxes.............. $18,612 $12,278
Oper.exp........ 329,124 339,382 Int. charges— 257,479 249,681
Loop rental
15,707 ..........
I
The holders of eaoh of the old first mortgage bonds ($960,0001
recognized as valid received in exchange per $1,000 bond, if subscri
bing $300 in cash: First mortgage bonds, $300; consolidated mort
gage, $1,000; stock, $2,000. Both mortgages may be increased to any
amount desired for new property.
E a r n i n g s . J u ly 1 to Oct. 12,1897 (104 days), receipts from passen
gers $20,607; operating expenses, $20,123; other income, $1,096;
balance net, $1,580.
ROAD—In May, 1898, 21*a miles of track were in operation—from
63d St. to Blue Island. Cars began running Jan. 19,1897. In June
1898, application was made for a franchise to build about one mile on Netrevenue.. $250,837 $234,287 Bal., def. for yr. *$40,961 $27,672
Morgan Avenue, in the town of Calumet.
de*flffivfor>
year^$72,
vemen^8 ^ 1897 $31,880, making total
OFFICERS President, J. S. Bache, New York; Yice-President, Samuel
R. Shipley, Philadelphia; Treasurer, Henry Levis, Philadelphia; Sec Passengers—From Jan. 1 to June 30,1898, passengers carried were
retary, H. A. Hensley, New York.—V. 66, p. 81; 7. 67, p. 1002.
6,335,000, against 5,440,000 in 1897.
O fficers President, D. H. Louderback; Seo. andTreas. (May, 1897)
CH ICAGO G E N E R A L R Y. —An electric road.
Howard Abel, 444 North Clark Street, Chicago.—V. 67, p. 74.
O r g a n iz a t io n —Incorporated October 21, 1893, for 50 years. The
West & South Towns St. By. (formerly leased) was purchased in May,
CICERO & H A R LE M STREET R A IL W A Y .—
1896, and consolidated. Its $468,000 of bonds were offered in JanuO r ganizatio n —Chartered as an extension of the Lake St. Elevated
* 1898, right of exchange for Chicago General 5s on certain terms__ StockCK * ®ONDS~
Date.
Interest.
O xtstand'g.
Maturity.
aee V. 66, p. 183. B onds ($500 and $1,000 eaoh) authorized $3,000,000
W “ ô r Ç $ ï , 0 ° 0,0 Ô ô ;)Ï8 9 8 " 5 A-'Ô "
(?)
A p r.'ï,Ï9 3 8
(reduced from $10,000,000 in Deo., 1896.—V. 63, p. 1114.
$1,000 each.............5 Equitable Trust Co., Chicago, Trustee.
'c in
*
Date. Int., Etc. Outstand'g. Maturity,etc.
Ro a d - T o be one mile of elevated and Ha miles of surface and
8t’k ,$ l0,000,000(par $100) .......................
*50 0 0 0 0
1 SL F ’ ^ ’ ?00’00^ A ' l m 189 5 5g-M -N
t
J ,
970^000 Nov! 1,1935 incline road. Also has the right, conferred by the Cicero Town Board,
m 10 iSS# 10 5 > Trus. is Merchants’ L o a n * Tr.Co., Ouicago. to build an additional north and south line of about two miles. Presi
W.&S.Towns,lstM.,g...
16 1892 6g. F -A
164,000 Aug., ’02-12 dent, D. H. Loudeback ; Secretary, Howard Abel.—V. 66, p. 759.
The mortgage trustee is the Northern Trust Company of Chicago.
]
ROAD—In Jan., 1898, owned 26 miles of road and had 6 miles under
M E T R O P O L IT A N T R A C T IO N CO.—
construction within 5 ^ miles of the City Hall, the nearest point being
Organized in June, 1897, by parties i uteres ted in General Electric
within 2 miles. In July, 1897, leased rights on 22d St. from river to Ry. Has franchises for about 200 miles of streets in Cook County
Wabash Ave., 2-48 miles, making total operated 13-58 miles.
No road constructed to Aug., 1898. In Nov., 3898, the United Trac
Earnings —F or year ending Deo. 31,1897, gross, $79,821; net, $37, tion Co., with a capital stock of $500,000, was reported to b e organ
S04; fixed charges, $36,155; bal., surplus fo r year, $1,149.
ize d by parties interested in the Met. Traction.
O fficers .—P resident, (October, 1896), John H. Witbeck, Secretary
8 ^ ^ 1 * 0 ^ 0 0 0 . 7 . . . D t :.
.ae
_
Interest- Outstand'g.
Maturity.
and Treasurer, Lawton C. Bonney.—V. 66, p. 183.
1st M.,$2,000,000,gold 1897
5 g. F -A
(?)
* 1 9 1 7 "**"
Bonds, $1,000 eaoh. Equitable Trust Co. trustee, and the State Trust
C H IC A G O & SOUTH SIDE R A P ID TR A N SIT
Co. co-trustee.—V. 65, p. 27, 278.
R.R. (“ A L L E Y E L E V A T E D ”) —See South Side E le vate d .
j
G E N E R A L E L E C T R I C R A I L W A Y .—
O rganization In January, 1896, obtained a twenty-year fran
chise for a system of lines south on Dearborn Street, eto., 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*2 p. c.
for third five years and 10 per cent for last five years. The Illinois
Supreme Court in May, 1898, upheld the franchise. Y. 66, p. 900. In
1897 leased to Metropolitan Traction Co. for $5,000 yearly. In June,
1898, it was reported purchased by the Chicago CityRy.—V. 66, p. 1188.
S tocks & B onds — -Date.
Interest.
Outstanding.
Maturity.
Stock, $5,( 00,oOO...............................
(?)
v
1st M., gold........... 1896
5 g. A -0
abt.$300,000
Oct., 1916
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.
I L L I N O I S T R A C T I O N C O .-T o be a trolley road.
O b g a n i z a t i o n , E tc .—Incorporated in Oct., 1898.
To build a road
from Grand Crossing, at the terminus of the Chicago City Ry. and
opposite Illinois Central Station, to South Chioago, 5 m iles in length.
L A K E . S T R E E T E L E V A T E D R R . — A n electric road
O rganization —Chartered August 24,1892. Debt has been mostly
readjusted under plan of February, 1895 (in V. 60, p. 391), by which
the Northwestern Elevated RR. Co. guarantees new debenture bonds.
Operation by electricity was resumed Sept. 20,1896.
! M E T R O P O L IT A N W E S T SIDE E L E V A T E D
R A IL R O A D —A n electric road.
RECEIVERSHIP—On Jan. 20, 1897, Diokinson MoAUister was ap
pointed Receiver.—V. 64, p. 181.
B o n d h o ld e r s ’ C o m m it t e e —f . p . oicott, Chairman; w . g . Oakman and Samuel Thorne; depositary, Central Trust Co., New York.—
V. 64, p. 287, 611. On Nov. 14,1898, sale was ordered at an upset
price of $6,000,000.—V. 67, p. 1055.
PLAN.—The committee’s p la n , given in V. 67. p. 126, dated June 29
1898, provides fo r the issue o f the new securities shown in table below,
j The old bonds and stook (paying assessment) w ill r e c e iv e :
New 1st
New
New
. .
.
.
I
mortgage bonds, pref. stock, com. stock.
....................60%
5313
1 st m ortgage bonds
Stock (onpayment4% assessment).. 4%
___
50%
I The title to the common stock is to be vested for five years (unless
in any one year during that period dividends of five per oent Bhg.ii
j have been paid on the preferred stock) in Frederic P. Oloott, Walter
G. Oakman and Samuel Thomas, as voting trustees, who shall vote
j only for directors receiving a majority vote of the preferred stook
|The voting trustees shall not vote to create any lien or charge upon or
for the lease or sale [of the property of the company without the con
sent of a majority in amount of the voting trust certificates.—V. 67,
p. 789.
The assessment is to yield $600,000; earnings in receiver’s hands
Aug. 1 , 1898, $105,000; total, $705,000, applicable as follows: For
improvements, equipment, power house, etc., $538,000; expenses of
reorganization, etc., $167,000
Stock^pa*$100.D? 7 ....... ^
Interest,
Maturity, ete.
Gold debentures; p. & i .) 1895 5 J - J
3,913,300 JuiV
STOCK & B onds —Securities after and before reorganization:
t ^
rVby N - W - E i-....... f
Trustee, Northern Trust Co., Chicago
After reorganization—
Date. Interest. Outstand'g. Maturity, etc.
Ino. deben., g., non-cum.,) 1895 5 F e b .l
955.800 Y i l v l Y o o s Common stock........................................
$7,500,000 .......... ..
$500 & $1,000 bonds.o. \
Subject to call at lO l’on any Feb ’l
Pref. st’k, 5 p.o. non-cum...........................
9,000,000
Bonds not assenting to plan of 1895—
y
1st M., $10,000,000, gold 1898 4 g, F-A
9,600,000 Aug. i, i938
1st M., not protesting.) , QQQ 0/K. T ,
_______
Before reorganization—
(See text).............. . . j * 898 3(5) J-J
174,000 July 1,1928
Stock,$15,000,000($100).
................. $15,000,000
Do Ziegler bonds (text) 1893 — J-J
605 000 .Tnlv 1 1 ooa
1st mort., $15,000,000,) 1892 5 g .F -A
15,000,000 A ug.'i! 1942
Bills payable Deo. 31,’97. ................... ..
660,061
gold, $1,000........... o&r j Coupons Feb. 1,1897, and since unpaid.
Interest payable at Northern Trust Co.
Has guaranteed $407,000 bonds of Union Consolidated Elevated.
Trustees of 1st mortgage (see V. 64, p. 373), Farmers' Loan & Trust
ROAD— From the Board of Trade Building westerly about 6 miles,
Co. of N. Y. and Am. Trust & Savings Bank, Chicago.—V. 62, p. 1087.
with branches; total length, 16-15 miles; the first 1-81 miles are
Note. The total issue of first mortgage bonds was $7,574,000 of lour tracks, the rest two tracks, making total double track miles 17-96.
which in Jan., 1898, $881,000 had not assented to readjustment plan Road began using loop in October, 1897. The road is operated by
o f 1895. Of these last $102,000 were in the treasury, while $605,000 electricity. See. V. 58, p. 866. Right of way is owned in fee and mort
held by Mr. Zeigler were still in litigation (cases to be heard in M ay
gaged to secure the bonds; 55 motor cars and 125 passenger cars.
1898, at Chioago before Judge Grosscup) and are receiving no’
Earnings —Jan. 20.1897, to Nov. 1, 1898: Gross, $1,840,446; pay
interest; the balance, $174,000, is allowed to receive interest at 3 rolls, supplies, etc., $1,534*079; net earnings, $306,367. Year ending
per cent per annum, or 60 per cent of face of coupons. Holders of first Sept. 30,1898, during which loop was used, gross, $1,170,363; net,
5s who assented to plan received in exchange for their principal 60 $800,033.
per cent in guaranteed debentures (total issued $4,015,200. of which
PASSENGERS-F ro m Jan. 1 to June 30,1898, 6 months, passengers
$102,000 in treasury), and 15 per oent in incomes (total issue $1,003 carried 11,873,310, against 7,953,998 in 1897. For year ending Sept.
800, of which $48,000 in treasury).
30,1898, during which loop was used, $22,486,377.
Stock—In May, 1896, trust certificates representing Lake Street
OFFICERS President, Robert E. Jenkins; Secretary and Treasurer,
stook for $5,009.300 was offered to stockholders of Columbia Con- George Higginson, Jr.—V. 65, p. 824, 924; V. 67, p. 126, 789.
STREET
RAILWAYS
27
Road —O wns double track, paved, electrio road on Lincoln Avenue»
ORGANIZATION—Incorporated under the laws of Illinois in 1886 " t o from the terminus of the North Chioago Street Ry. Co.’s cable line at
construct, lease, purchase, or otherwise acquire horse, dummy and Lincoln and Wrightwood Avenues to North 59th Street; also on Mil
street railroads in Chicago and Cook County, Illinois.” It controls the waukee Avenue, from the terminus of the West Chioago Street Ry.
surface street railroad system in the North division of the city of Chi Co.’s cable line at Armitage Ave. to Lawrence Ave., 6*75 miles in length.
cago, through the purchase in 1886 of 2,501 shares out of a total of —V. 65, p. 925.
5,000 shares capital stock of the North Chicago City Railway Co., said CHICAGO NORTH SHORE STREET R E
road being leased for 999 years from 1886. Franchise 99 years from
ORGANIZATION—Leased in 1894 for 50 years to North Chicago EL Ry.
Feb., 1865. Annual payment to city for electrical franchise, $10,000;
STOCK & B onds —
Bate. Interest. Outstand'g. Last die., etc.
Capital stock,6 p.o.guar..............
6 Q.—J. $650,000 Oct.,’97,1 *2%
oar license, $50 per oar per annum, 13 trips per day to a oar.
1st M., $1,500,000, g .,)
1894
6g. A -O
675,000
Apr. 1,1912
In July, 1898, it was reported that plans had been revived for
guar. p. <t i. (end) .o* s
S
Subj. to call at 105 any Apr. 1 after 1905
bringing the North Chicago Street, West Chicago Street and Chicago
The bonds guaranteed by endorsement by the North Chicago Electrio
City under one management, by lease, consolidation or otherwise.— Railway, and the stock guaranteed 6 per cent per annum by the same
V. 67, p. 221.
oompany, are listed on the Chicago Stock Exohange.
STOCK AND BONDS—
Bate.
Interest.
OutsVding. Lastdiv.de.
Interest is paid in New York by Chase Nat. Bank and in Chicago at
Stock ($10,000,000) ($100» ....
Q.—J $7,920,000 Oct. 15,’98,3%
Illinois Trust & Savings Bank, Trustee.
1st mortgage ($500), & o.) 1886 5
J -J
3,171.000
1906-9-16
See text. Currency___ > Trus. Fide’y Ins. Tr. & Safe Dep. Co. of Phila.
Road —
Owns 7*2 miles double track; trackage No. Chic. St. RR. I 1
*
Certs. 5-20s ($100) etc.,our. 1895 6
J -J
1,260,000
1900-1915 miles; total track operated 18 miles. President, J. L. Cochran; VioeN. C. City By. Co. stock............. 30 Q - J
See text.
Oct., 1898
1st mort., our’oy ($1,000'. 1880 6 J - J
500,000 Julyl,1900 Prest., L. S. Owsley; Secy, and Treas., Howard Abel.
2d M. ($2,500,000) our. > 1887 4 ^ M -N
2,500,000 Nov.1,1927
Trustee, 1 1 Tr.& S.Bk. 5 Subject to call at any time.
1.
N O R T H E R N E L E C T R IC R A I L W A Y Stock of N. Chi. City By. Co. not owned by N. Chi St. BE. Co., $249,O RGANIZATION—Chartered in 1894 for 50 years, Capital stock is
900 (par, $100), receives an annual rental of $30 per share. North $50,000. 1st mortgage bonds dated 1894, due June 1,1914, $50,000;
Chicago City stock for $250,100 is owned by North Chicago Street RR. trustee, Chioago Title & Trust Co. Owns 5 miles of track.
Bonds—The N C. St. R.R. mortgage provides for the issuing (by and
with the consent of the trustee) of bonds for permanent im
NORTHW ESTERN ELEVATED R e
o r g a n iz a t io n —Organized in 1894. As to prospects of construction
provements, in amount equal to 75 per cent of such improvements. To
1898 there had been issued: Dated July, 1886, due 1906, $1,500,000; see President Louderbaok’s statement in V. 66, p. 189, and below.
In August, 1898, the oompany was intending to convert some of the
July, 1889, due 1909, $1,250,000; Jan., 1896, due 1916, $421,000.
Has guaranteed $649,000 North Chicago Electric Ry. and $255,000 common into preferred stock and not increase the capital. In Nov."
Chicago Electrio Transit bonds—(see separate statement of each.) 1898, the oompany, it was stated, had arranged a loan upon its prop,
North Side Electric St. Ry. $155,000 bonds and Evanston Electrio Ry, erty by which the road was to be completed at once without immediate
sale of bQnds.
$130,000 bonds—see these companies below.
Stock—North Chioago Street stock for $1,100,000 was issued in
STOCK and B onds —
Bate. Interest. Outstanding.
Maturity.
(?)
...................
January, 1896, of which $550,000 for part payment of extra dividend Stook, $15,000,000................ ................
(?)
....... ......... .
Pref. stook, 6 p. c...................................
and $550,000 was offered to stockholders at par.—See V. 62, p. 41. In 1st M., $15,000,000......... 1894 5g F -A
(?)
Aug. 1,1944
April, 1898, $1,320,000 additional stock was offered to stockholders
Illinois Trust & Savings Bank, trustee.
at par to retire $500,000 certificates of indebtedness of 1891 and for
Northwestern Elevated has guaranteed the debenture bonds of the
extensions, etc. The issue w ill increase the outstanding stock to $7,- Lake Street Elevated.
Columbia Construction Oompany.—Contract to build Northwestern
920,000. Y. 66, p. 761, 811.
“L ” canceled in Jan., 1898. Construction Co. stockholders to receive
D ividends , i for 1890. 1891. 1892. 1893. 1894. 1895. 1896. 1897.
percent, j
(J^
8
ll1
«
12
12
12 Below. 12
$125 of “L ” preferred (in all about $5,207,000) for each $100 which
In 1896,12 p. o. in cash, and 20 p. c. extra (10 p. o. in stock and 10 was paid in.—V. 66, p. 184.
p. o. in 6 p.o. certificates of indebt.) In 1898, Jan., 3 p.o.; Apr,, 3 p. c.
No bonds, it was understood in May, 1898, had been sold, but it has
July, 3 p. o.; Oct., 3 p. c.
been proposed to issue not exceeding $4,000,000 to complete the road.
ROAD—On May 1,1898. Miles. I
Miles. A t the annual meeting in January, 1898, President Louderbaok said:
C able.................................. 17
I Electric trolley..................... 64
Electric underground.......... 1*75 I
-------- “ We have expended for real estate, construction, interest, etc., $6 ,H orse.................................. 3
| Total track operated .........85*75 290,611. W e estimate it will require to complete the road the further
E arnings —Total passenger receipts for ten months ending Oct sum of $2,712,737.; and to pay oft its obligations, after realizing on
its assets, and to complete the road, the total sum of $3,500,000.” V •
31,1898, were $3,438,696, as against $2,342,309 in 1897.
A n n u a l R eport —Fiscal year ends December 31. Report for 1897 66, p. 189.
was in V. 66, p. 189, and gave earnings as follows:
A n n u a l R eport —For 1897 see V. 6 6 , p. 189.
Road —The road starts at the intersection of Wilson and Evanston
Year ending Bee. 31—
1897.
1896.
1895.
Gross receipts.................... $2,911,551
$2,913,710
$2,780,487 avenues, seven miles from the Court House, and will have 5*52 miles
Net earnings...................... $1,591,625
$1,519,322
$1,468,380
636,462
524,231
471,252 of four-track, 92 miles double-track. In Jan., 1898, all but 1 mile of
Int., rental, taxes, eto.......
Dividends paid...............(12%)791,943 (12%)758,901 (12%) 659,922 the foundations were in.
O fficers —President, D. H. Louderbaok; Vice-President, L. S. Ows
Balance, su rp lu s......... $163,220
$236,190
$337,206
ley ; Seo. and Treas., Howard Abel.—V. 66, p. 184, 189; V. 67, p. 737Total surplus Dec. 31........................
$830,741
$594,281
OFFICERS—President, C. T. Yerkes; Vice-President, W. F. Furbeck;
SOUTH C H IC A G O CITY R A I L W A Y CO.—
2d Vice-President, General Manager and Purchasing Agent, John M.
ORGANIZATION— Incorporated May 31, 1883. Operates two lines
Roach; Secretary and Treasurer, Charles Moore.—V. 67, p. 221.
from Jackson Park to 106th Street and the Indiana State Line. Ham
mond Whiting & East Chicago is controlled in same interest.
R oads Controlled by North Chicago Street R R .
STOCK & B onds —
Bate. Interest. Outstand'g. Maturity.
( 1 ) EVANSTO N ELECTRIC R A IL W A Y .—
Stook ($2,000,000 auth.).............................. $1,603,800 .................
O r ganizatio n —Organized in 1896. Operated in connection with 1st mortgage, currency___
1890 5 J - J
50,000 July 1,1910
1893 5 g.A-O 1,662,000 Apr. 1,1913
North Chioago Railroad. Road runs from Emerson and Sherman 1st mort. $5,000,000, gold)
$1,000......................... 5 Int. at Illinois Tr. & Sav. Bk., Trustee, Ohio.
avenues to Wilmette, 2% miles (double track). Stock, $1,000,000.
R o a d — Owns 34 miles of track in Chioago and controls the G
rand
Mortgage is for $1,000,000 for 6 per cent (int. F. & A.) currency bonds
Crossing & Windsor Park RR. Co., 3 miles; total Deo.,’96, 37 m
iles.
maturing Aug. 1, 1916; issued $130,000, guaranteed by the North
Rails 75 and 85 lbs. Hammond Whiting & E. C. Electric gives a lineto
Chioago Street Railroad.—V. 63, p. 504.
Whiting, East Chioago and Roby (Ind.), and makes a direct route of 14
(2) NOR TH SIDE ELECTRIO R A IL W A Y .—A trolley road.
miles from 63d St. and Madison Ave., Chicago, to Hammond, Ind:
OFFICERS—President, D. F. Cameron; Vice-President, D. M. Cum
STOCK & B onds —
Bate.
Interest. Outstanding. Maturity.
Stock, $1,500,000............................ ......
$1,500,000 ................... mings; Secretary, Treasurer, O. S. Gaither.—V. 63, p. 795, 970; V. 67,
1st M cur., gu. p. & i . ) 1895
l.
6 M -N
155,000 Nov. 1,1915
p. 1002.
(end.) by No.Ch.St.RR. JTrustee, Illinois Trust & Savings Bk , Chicago.
Interest is payable at Chioago office or the fiscal agency. The first
SOUTH SIDE E L E V A T E D R R .-(“ A L L E Y ELE
mortgage provides for the issue up to $1,500,000 at not exceeding the V A T E D ”)—An electric road.
cost of construction; further bonds oan be issued at 75 per cent of
ORGANIZATION—Successor January, 1897, to Chicago & South Side
cost of extensions and improvements. (See guarantee V. 62, p. 414.)
R. T. RR. (foreclosed per p l a n V. 63, p. 1158).
R oad —Runs from Chioago & North Western Ry. station north to
Road —Owns elevated road in operation in Chioago upon a purchased
Elston Avenue, and from the Northwestern Depot to Harrison St., in right of way from Congress Street to Jackson Park, 8*56 miles of
all 6*58 miles of single track.—V. 62, p. 233, 414.
double and triple track; total track said to be 18*62 miles. Operation
N O R T H C H IC A G O STR EET R A IL R O A D —
of trains over the “ Loop ” (Union Elevated) began October 18,1897.
Electricity was introduced as motive power late in April, 1898.
O r g an izatio n , Et c .—L eases Chicago North Shore St. Ry., and
STOCK & B o n d s —
Bate. Interest. Outstanding. Maturity.
Stock, $10,323,800................................... $10,323,800 ............. .
guarantees interest and dividends.
1st mort., $1,500,000, > 1897
4*2
750,000 July 1,1907
STOCK & B o n d s .
Bate. Interest. Outstand'g. Maturity.
red.,seetext; currency. 5 Trustee, HI. Tr. & Sav. Bank, Chicago.
Stock.......................................................... $2,000,000 .................
On Dec. 31,1897, current liabilities and taxes payable were $127,1st M., $1,000,000 (not sub-> 1894 6 F - A
’829,000 Aim.Y , 1914
jeot to call), gu. p. <fci. end. 5 Int. at Illinois Trust (trustee), Chicago.
886 and cash on hand was $607,316.
In November, 1897, sold $363,000 firsts for improvements (making
Ronds.—Of the $1,500,000 authorized in April, 1897, $750,000 are to
total $829,000). The bonds are guaranteed, $649,000 by North be held for future improvements and additions. Bonds are redeem
Chicago, $180,000 by West Chicago Street RR.
able within five years from date at 105 and after five years at 102;
EARNINGS—For nine months ending Oct. 31,1898, gross, $2,438,695 denominations are $500 and $1,000—See V. 64, p.843.
against $2,342,308 in 1897. For year ending Deo. 31, 1896, gross,
Passengers—From Oct. 18, ’97 (datewhenroad began using Loop), till
$309,481; net, $160,430; charges, $105,812; balance surplus for Jan. 1,1898 (inclusive), the average number of passengers carried per
year, $54,618. In 1895 surplus over charges $38,370. Company has diem was 54,121, against 31,578 from Feb. 1,1897, to Oct. 17. From
no power plant. In 1896 carried 6,189,000 passengers against 4,267,- Jan. 1 to Sept. 30, 1898, total carried was 13,371,546, as against
493 in 1895.
8,723,029 in 1897; daily average 48,980, against 31,952. During the
N O R T H C H IC A G O E L E C T R IC R Y .-T r o lle y r o a d .
STREET
28
RAILWAYS.
same time gross passenger receipts were $668,577, against $436,151
in 1897.
ANNUAL R eport —The annual report for 1897 was in V. 66, p. 285.
1897.
1896. 1
1897.
1896.
Pass, earns. ...$611,875 $672,086 |Op. ex.&taxes.$515,402 $497,105
Other earnings. 25,470
32,554 |
— ----------------------------------------------------|Net receipts...$121,943 $207,535
Grossreceipts.$637,345 $704,640 |Special exp................. $101,626
OFFICERS (February, 1897)—President, Leslie Carter; Secretary and
Treasurer, J. H. Glade. Office, 47 Congress St., Chicago.—V. 66, p. 285,
635, 690.
S U B U R B A N R A IL O A D -A trolley and steam road.
O r g a n iz a t io n — Iu July, 1897, Mr. Yerkes secured practical control.
STOCK & B onds —
Date.
Interest. Outstand’g.
Maturity.
Stock, $17250,000....................................
$1,250,000 ...............
latM $3 000 000 sold 11896
5g. M—
S
1,250,000 Mar. 2,1916
1 st M.,$3,000,000, goia. 2 Truatee i8 Chicago Title & Trust Co.
Of the $3,000,000 bonds authorized, $1,250,000 were issued to build
^he 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 $30,000 per mile of single track.
R o a d — Owns 30 miles of traok, extending from terminus of Lake
Street Elevated at 52d Street, through Grossdale, La Grange, etc.
Leases (for 50 years) the Chicago Harlem & Batavia and Chicago &
Southwestern roads to Harlem race traok, Austin, Ridgeland, Oak
Park, etc., 21 miles of track, including 9 miles of second track. Total
track operated, 51 miles, all trolley except portion of leased lines
from Harlem to River Forest and along West 16th and 19th streets.
OFFICERS—President (Sept., 1897). John M. Roach; Secretary,
Homer K. Galpin.—V. 64, p. 331; Y. 65, p. 236.
U N IO N E L E V A T E D R A IL R O A D —
O r g a n iz a t io n — Incorporated Nov. 22, 1894, to build a loop road
connecting the four elevated roads with business centre of city.
STOCK & Bonds —
Date. Interest. Outstand’g.
Maturity.
Stock, $5,000,000.............. ................
$5,000,000 ......... .........
1st M., $5,000,000, gold.... 1895 5g. A-O
4,237,000 Oct. 1,1945
Interest at Chase National Bank, New York.
L ease — Rental 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 of interest charges, taxes, ex
penses of operation and mainenance of the lessor company.—V. 65,
p. 1127. See Y. 66, p. 617, 762.
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.—
President, C. T. Yerkes; Sec’y & Treas.. Howard Abel.—V. 66, p. 762.
U N IO N C O N SO LID A TED E L E V A T E D R Y .ORGANIZATION—Formed in 1896 and built from Union Elevated at
5th Ave. west to Market St.; thence to the Metropolitan W. S. El.
STOCK & B onds —
Date.
Int.
Outstand’g.
Maturity.
............. .
Stock...................................... .................. $1,000,000
Series “A ” 1st mort., gold, > 1896 5 g M-N
407,000 Nov. l ’ 1936
,
gu. p. & i. byMet.W.S.El. ) Trustee,G.8kerman,V.-P’t,Cen.Tr.Co.,N.Y.
Mortgage $1,000,000, of which $500,000 series A. - V . 63, p. 1065.
U N IO N LOOP. —See Union Elevated RR.
U N IO N T R A N S IT CO.— projected road.
A
.
O r g a n iza t io n .—I n June, 1898, made application for a fifty-year
franchise for about twenty miles of streets. Successor to the Great
Lakes Transit Company, incorporated August 7,1883. Lucius Clark,
late of the General Electric Railway Co., it is reported, has control.
W E S T C H IC A G O STREET R R . — (S page 2 9 .)
ee
O rg anizatio n —Incorporated July 19,1887 under laws of Illinois.
LEASES.—Control of the Otii. W. Div. By. (96 miles track) was ac
quired through purchase of a majority of its shares (6,251) of capital
stook, and the road leased for 999 years from Oct. 20, 1887, at an
annual rental of $35 per share, the principal and interest of its bonds
being assumed—see V. 65, p. 281. Of the Chicago Passenger By. Co,
(34 miles track) stook, the Chi. W. Div. Ry Co. owns a majority, and
the road is leased (on March 15,1889; 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 stook of the Passenger Ry. Co.
and to guarantee its fixed charges. Leases Cicero & Proviso St. Ry.
(from May 1,1896,) and Ogden St. Ry.
In July, 1898, it was reported that plans had been revived for bring
ing under one management by lease, consolidation or otherwise, the
West Chicago Street, North Chicago Street and Chicago City railroads.
—V. 67, p. 221.
„STOCK & B onds —
Date. Interest. Outstand’g. Last div., th
e.
Stock,$20,000,000 ($100). text.
Q .-F . $13,189,000 Nov.15 ’98,Ha
1st mortgage, $4,100, ( 1888 5 M.-N.
3,969,000 May 1, 1928
000, $1,000, s. f o cTrustee, Illinios Tr. & Sav’gs Bank, Chioaao.
Debentures, $1,000____o* $
® , J* ~.P\
767,000 Dec. 1, 1914
_
„
t Subject to call at par after 1899.
Consol. M., $12,500,000g. < 1896 5g. M.-N.
6,031,000 Nov. 1, 1936
($1,000 each)........... o* l Trustee, Cent. Tr. Co., N. Y. & G. Sherman.
Subsidiary titles—
W. Ch. St.RR. Tun. Co.lst ( 1889 5 F .-A . $1,500,000 Feb. 1, 1909
guar. p. & i ....... end. o. <Trustee, Illinois Tr. & Sav’gs Bank, Chicago.
Powerhousemortgages.1888-9 5 p. c.
204,000
1928-9
Chi. W. D. Ry. C°. st’k iOO.........$35Q.-J. 20 See text. Oct. 20, 1898
1st mort. 412s, ($1,« 00).. 1892 4*$ J. - J.
4,070,000 July 1, 1932
Ohio. P a s “ . Ry. Co. stock.......... 5
.......
1,116,300
... ....
1st mortgage, our............ 1885 t F .-A .
400,000 Aug. 1, 1903
Consols. $2,000,000 our- J 1896 5
M.-N.
1,600,000 Dec. 1, 1936
..........................\ Trustee, Equitable Trust Co., Chicago.
vmieago 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
ber, 1896, $3,969,000 can be issued only on retirement of an equal
amount of the outstanding first mortgage 5s, and $2,500,000 for im
provements and extensions at 75 per cent of the cost thereof. In Feb
ruary , 1897, a sale of $6,000,000 of the consols was made to a syndi
cate; the proceeds were used to retire $2,000,000 debentures in
April 28,1897, and the floating debt, and bonds are reserved to retire
the $767,000 debentures subject to call in 1900. The mortgage covers
202*7 miles of track, including West Chicago Street RR., 72*7 miles
(owned); Chicago West Division Ry., 96 miles (leased), and Chicago
Pass. Ry., 34 miles (leased). See V. 64, p. 176,333, 472. Chicago Pass.
Ry. consol. 5s are reserved to retire the 1st and 2d 6s.—V. 65, p. 235.
Stook.—Recent issues—April, 1, 1893, $1,000,000; Aug. 1, 1893.
$1,100,000, and Nov., 1893, $1,089,000.
Chicago West Division Stock is $1,250,000, of which $625,100 is owned
by the West Chicago Street Co., the remainder ($624,900) being guar
anteed 35 per cent yearly under the lease. Chicago Passenger Bailway
stock is $2,000,000, having been increased from $1,000,000 in 1896,
but to July 1, 1897, only $1,116,300 stock had been issued. The
West Chicago St. RR. Co. guarantees, under operating contraot
5 p. 0. on original $1,000,000 stook, of which $730,000 is owned by
West Chicago, as is also $730,000 of the issue of 1896.
G en e r a l F inances .—A pplication dated June 29, 1897, for listing
the stock and bonds on the N. Y. Stock Exchange was given in full in
V. 65, p. 281, including general balanoe sheet of June, 1897, and de
tailed information regarding the leases and finanoes of the company
D ivid e n d s — > 1889. 1890. 1891. 1892. 1893. 1894.1895 to N o v .,’98
p e ro e n t.,5 5
5
6
7^
9
9
6perann.
Road .—I n June, 1897, owned 72*7 miles and leased 186*32 milt 9;
total, 259*02 miles track, operated as follows: Cable, 30*42 miles;
electricity 222 miles; horses, 6*6 miles. The lines oomprise:
Leased—
M ilei.
Owned—
Miles.
West Chicago St................. 72*70 Cicero & Proviso................ 37*61
Ogden St. R y ..................... 18*65
Leased—
Chicago W. Div. R y ............ 96*00 West Chicago Tunnel...................
Chicago Pass. Ry............... 34*00
LATEST Ear ning s .—Jan. 1 to Oct. 31 (10 months), gross, $3,310,976
in 1898; $3,213,664 in 1897.
A n n u a l R e p o r t —R eport for 1897 was in V. 66, p. 182, showing.
Tears ending Dec. 31—
1897.
1896.
1895.
$4,018,948
$4,201,477
Gross earning.........................$3,899,918
Operating expenses............... 1,929,664
2,138,378
2,267,196
$1,880,570
Net earnings............... ....$1,970,254
$493,408
Rental of leased roads.......
$736,4651
241,800
Coupon interest.................
280,907
399,720 e
Other interest and taxes.... ....
$1,934,281
$490,500
241,813
169,702
$864,455
791,340
$1,032,266
791,340
Balance for dividends....... ....
Dividends paid.................. ....
$834,069
791,340
sur.$73,115 sur.$240,926
_
Balance...................... ._ sur.$42,729
$1,722,619
$1,795,733
Total surplus Dec. 31.......
OFFICERS.—President, C. T. Yerkes; Sec. and Treas., L. S. Owsley
Purch. Ag., E. A. Blodgett.—New York office, 54 W all St.—V. 67,p. 221.
Lin es Controlled by W e st ‘ ’liicaso Street R a ilro a d .
( 1 ) CHICAGO ELECTRIC TRANSIT—(See M a p page 2 9 .)
STOCK & Bonds —
Date. Interest. Outstandna.
Maturity.
.................
Stook........................................................ $1,500,000
lstM.,gu.seetext,noopt’n 1894 6 F -A
1,097,000 Aug. 1,1914
Interest is payable at office of trustee, the Illinois Tr. & Savings Bank •
Bonds—The mortgage provides for the issue 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 to May, 1898, $842,000 are guaranteed by the West Chicago
Street RR. and $255,000 by the North Chicago Street RR.
ROAD—Owns 35*71 miles of track on 17*85 miles of street—a doubletracked paved electric road on Elston Avenue and Belmont Avenue,
Irving Park Boulevard and Crawford Avenue.
(2) CHICAGO & JEFFERSON U R B A N TRANSIT—(SeeM a p, page
2 9 .)—A. trolley road.
STOCK & BONDS.
Dale. Interest. Outstanding.
Maturity.
Stook $2,000,000....................................
$2,000.000
............
1 st M ., guar. p.andi.,West? 1895
6 M -N
206,000 Nov. 1,1915
Chicago Street Ry........ 5 Interest at Chicago office.
The first mortgage is for $2,000,000, but additional bonds may be
issued for extensions, etc. Trustee, Illinois Trust & Savings Bank.
ROAD— Owns 7*7 miles of track on Fulton, Morgan and Monroe
streets. In Sept., 1898, applied for a 50-year franchise for extension
on Grand Avenue, from Armitage Avenue to western city limits.
( 3 ) CICERO & PROVISO STREET R A IL W A Y —( See M a p , page
2 9 .)—An electric road.
ORGANIZATION— Leased from May 1,1896, to the West Chicago Street
RR. for net earnings, but the bonds are guaranteed.—V. 64, p. 176.
STOCK & B o n d s .
Interest.
Outstanding.
Maturity.
Capital stock (par $100)...............
$2,500,000
.............
1st mortgage, 1889.........
6 M AN
251,000
Nov. 1,1904
Consol. M., $2,500,000,) 5g,M & N
1,706,000
May 1,1915
1895, g.,$l,000,gu.,end. 5 Int’st at 1 1 Trust & Sav’gs Bank, trustee.
1.
Interest on 1st mortgage at Farmers’ Loan & Trust Co., N. Y. City.
Bonds—Consols of 1895 are reserved to retire the outstanding firsts,
and $500,000 for improvements at not exceeding 75 per cent thereof.
ROAD— Operates 37*66 miles of track, from West 40th St. and W
Madison St. through Moreland, Austin, Maywood, etc. Has franchises
covering 14 miles of additional traok not yet built.—V. 63, p. 1062.
(4)
O G D E N STREET R Y .—(See M ap , page 2 9 .)—A trolley road.
O r ganization —Incorporated Oct. 1, 1891, and secured franchises
covering about 24 miles of street in Chicago, Cicero and Lyons, pass
ing the towns of Hawthorne, Morton Park, Clyde, La Vergne, Berwyn,
and Riverside. Leased to West Chicago Street Railway.
STOCK & B onds —
Date.
Interest.
Outstanding. Maturity.
Stock,$2,000,000($100).......
..........
$2,000,000
..........
1st M ($1.500,000....) 1896
6 M -N
750,000 May 1,1916
gu.p*i,W. Chic.,end. 5 Trustee is Illinois Trust & Savings Bank.
The supplemental mortgage, executed Jan. 22, 1898, limits the issue
of bonds to $1,500,000. In January, 1898, $750.000 1st 6s were out
standing, and the remaining $750,000 held by the trustee, are to be
issued for 75 per cent of the cost of new construction.—V. 66, p. 472.
Ro a d — In March, 1898, owned 34^ miles of track.
OFFICERS— President, Henry G. Foreman; Vice-President, J. Charles
Moore; Secretary, P. H. Gray; Treasurer, Louis S. Owsley; Offices,
Equitable Building, Chioago, 1 1
1 .—V. 62, p. 779; V. 66, p. 135.
STREET
R A IL W A Y S .
W
30
STREET
RAILWAYS.
C IN C I N N A T I , O H IO .
B onds — Oonsols of 1893 for $1,900,000 reserved to retire the bonds
assumed Bonds in excess of $3,500,000 (including the $1,900,000 re
served as above) cannot be issued except for 85 p. c. of the cash cost of
extensions of mileage and increase of plant. The bonds are a first lien
C IN C IN N A T I
&
H A M IL T O N E L E C T R IC
on the Broadway & Newburg system and on all extensions made and
STR EET R Y .— bo a trolley road.
To
ORGANIZATION—Incorporated in 1897 to build a road from Cincin property acquired subsequent to the consolidation; they cannot be
called before maturity.—V. 61, p. 749.
nati to Hamilton, O., 25 miles; in Nov., 1898, reported to be almost
ROAD—The company operates in the city of Cleveland “ an aggregate
completed. Capital stock increased to $600,000 in June, 1898. In
Sept., 1898, made a mortgage to the American Trust Co., Cleveland, single track of about 9 6 12 miles; practically all the lines are double
tracked.” Also operates about 10 miles of suburban track.
Trustee, to secure $500,000 20-year 6s ($500 and $1,000 each). V. 67,
LATEST EARNINGS—9 m os.,> 1898.Gross, $1,264,887; net, $494,708
p. 529. President, William Christy, Akron, O.; Treasurer, F. J. Pom
Jan. 1 to Sept. 30.
5 1897.Gross, 1,204,219; net, 420,033
eroy; Secretary, C. B. Hooven, Hamilton.
A n n u a l R eport —For the years ending December 3 };
1897.
1896.
1895.
1894.
CIN. & M IA M I V A L L E Y —See H a m i l t o n , O.
Gross earnings........ $1.632,020 $1,634.841 $1,503,620 $1.306,522
Net earnings............ $593,075
$553,862
$519,399
$501,501
CIN. N E W P O R T & C O Y .- See COVINGTON, KY.
Interest charges in 1896 $196,500, bal., surplus for year, $357,362.
OFFICERS—President, Horace E. Andrew s; Secretary, L. A. Harmon
C IN C IN N A T I STR EET R Y. —Electric aud cable road. Treasurer, J. F. Whitelaw; Purch. Agent, C. W. Wason.—V. 68, p. 1146.
O r g a n iz a t io n —Incorporated June 21,1880, and in 1896 purchased
Mt. Adams & Eden Park and Mt. Auburn roads
A K R O N BEDFO R D & C L E V E L A N D R A IL S t o c k & B onds —
Par. Interest. Outstand'g. Last, div., die.
ROAD—
(See Map, page 31;)—A trolley road.
Stock ($18,000,000)........ 50 5 Q.-J. $17,090,700 Oot.l,'98,1
O r g anization —Through line opened Oct. 26,1895, from Cleveland
P o p u l a t i o n 1890 w a s 296,908 ; i n 1880 w a s 255,139 ;
x
AND IN 1870 w a s 216,239.
BONDS ASSUMED B T C IN C IN N ATI STREET R A IL W A Y .
Kilgour M. (assumed), cur..
.. 4 J. - J.
$25,000
July, 1900
Mt. Adams & Eden Park In
clined By. bonds assumed:
1 st mortgage, currency..
.. 6 A . - 0 .
50,000
Oct., 1900
“
“
currency..
.. 6 A.-O.
100,000
Oct., 1905
Consol, mortg., cunv ncy.
.. 5 M.-S.
515,500
Moll., 1906
Interest is payable at Franklin Bank, Cincinnati.
Mt. Auburn Cable By. >
8^
1887 5 J - 1 ) $200,000 June, 1907
1st M. assumed...c* 5 Interest at Chemical Nat. Bank, N. Y. City.
Stock—Total authorized stock, $18,000,000, having been increased
from $11,000,000 in August, 1896, for purchase of Mt. Adams &
Eden Park and Mt. Auburn Cable roads and for extensions.—V. 63, p.
188; V. 64, p. 610. In 1898 $656,000 new stock was issued at par, mak
ing, when all paid up, $17,090,700 stock outstanding.— V. 66, p. 616.
Dividends—F or many years 5 per cent per annum. In 1896, 5 p. c.;
in 1897, 5 p. c.; in 1898, 5 p. c.
Road —Company on July 1,1898, operated 203-43 miles of track in
the city of Cincinnati, Ohio, extending also to adjoining suburbs.
Ijst;
„
Miles. |
Miles.
Mainline (trolley)............. 196-43 Total track operated......... 203-43
Main line (cable)...............
7-00 |Weight of rails 75 to 96 lbs.
E a r n in g s —For calendar year 1897 earnings are reported by City
Auditor of Cincinnati as gross, $2,486,666.
OFFICERS—President and General Manager, John Kilgour; Secretary
and Assistant Gen. Man., James A. Collins; Treas., B. A. Dunlap.
D irectors (elected July, 1898)—John Kilgour, Matthew By an,
George Bullock, George N. Stone, Frank J. Jones, Nat. Henchman
Davis and Stephen B. Burton.—V. 65, p. 571; V. 66 , p. 616, 810.
M IL L C R E E K V A L L E Y STR EET R R.— Name
was changed in 1898 from Cinoianati Hamilton Middletown & Dayton
BB. In 1898 purchased portion of Cincinnati Inclined By., north of
Cincinnati Zoological Gardens, about 14 miles. Stock was authorized
to be increased from $500,000 to $1,750.000 in Sept., 1898, $500,000
of the additional stock to be common and $750,000 to be preferred.
Y. 67, p. 530. In November, 1898, contract was reported let for
northern extension two or three miles to Glendale, with branoh to
Hamilton, O., 12 miles. President, L. C. W e ir; Sec., O. B. Brown
V. 67, p. 530.
to Akron, 35 miles. Serves Akron, Kent, Cuyahoga Falls, Northfleld,
Bedford and Cleveland. Also owns two miles of the Cuyahoga Valley,
including the Cuyahoga Falls and “ Old Maids’ Kitchen.”
STOCK & B onds —
Late. Interest. Outstand'g. Maturity.
Stock auth’zed, $1,000,000............................ $1,000,000 J’n 15’98V%
1st M., $300,000 (par $1,000), ( 1895 5 g. M&S $300,000 Sept.1,1915
mort. covers 27*io m iles.... ( Central Tr. Co., N. Y., trustee, pays int.
Further bond issue is limited to $10,000 per mile of new track.
Bills payable Oct. 1, 1898, $85,000.
D ividends —In 1898, Jan., % p. 0.—first dividend.
R oad .—I n August, 1897, Akron to Cleveland, 30 miles track.
Of this about 11*2 miles is on right of way owned in fee. H as
traffic arrangement to use tracks in Cleveland, about 5 miles, in Akron,
about 4 miles. Boad has steel bridges, T rail and is ballasted; 2 1
oars, large pattern. See V. 61, p. 870; V. 62, p. 184.
L a t e st E arning s —10 mos., <1893......Gross, $82,509; net, $27,041
Jan. 1 to Oct. 31.
(1897......Gross, 87,452; net, 23,934
E a r n in g s —For year ending Dec. 31, 1897, gross, $101,321; net»
$25,546; interest, $15,000; bal., surplus for year, $10,546. In 18 96,
gross, $91,686; net, $30,044; other income, $5,244.
OFFICERS—President, Henry A. Everett; Secretary, Fred. S. Borton
Treasurer, E. W. Moore, Cleveland.—V. 64, p. 178.
C L E V E L A N D B E R E A E L Y R IA & O B E R L I N RY. —(See M ap , page 31.)—A trolley road.
O rganization —A consolidation in December, 1897.
„STOCK & B o n d s —
Late. Interest. Outstanding. Maturity.
Stock (par $100)............. ....................... $1,000,000
. .
Cleve. & Berea 1st M., g..
onn „ _
„„ „„„
_
______ _
Subj. to call Jan. 1,1902.5 18926 g. J&J
73,000 Jan. 1,1912
Cleve. & Elyria 1st M. on ( -, on~
„
„
„„„ „„„ __
„
18 ms. (bonds $500)___ jl8 9 o
6 M &N
200,000 May 1, 1915
Elyria & Oberlin 1st M. on ) 1897
6 A&F
100,000 Aug. 1,1917
9 miles (bonds$500).... 5 Interest at Cleveland Trust Co., trustee.
The new Co. assumed the obligations of the constituent companies.
Road —Operates 37 miles of track extending from Cleveland to
Berea, Elyria and Oberlin; sidings, additional, 2 miles. President, A .
H. Pomeroy; Gen. Man., F. T. Pomeroy.—V. 63, p. 793.
C H A G R IN F A L L S & E A S T E R N E L E C T R IC
R R . —To be a trolley road.
C L E V E L A N D , O H IO .
P o p u l a t io n 1890
261,353; in 1880
AND IN 1870 W AS 92-,829.
w as
w as
160,146;
O r g a n iz a t io n —Incorporated in 1898 as an extension o f C leveland*
Chagrin Falls Electric BB., which is to operate it under contract.
„.STOCK & B onds —
Late.
Interest.
Outstand'g.
Matu rilv
Stk, $300,000(par $100)
Quarterly
$300,000
1st M. $300.000, gold. ) 1898
6 g. M & N
(?)
M ay ï , 'i 91*8
($500 each)........... 5 Int. at Guardian Tr. Co., Cleveland, O., Trus.
Bonds are subject to call at par after 10 years.
R oad —T o extend from Chagrin Falls to Garrettsville, 12 miles o f
road; 24 miles of track.
OFFICERS—President, B. S. H ubbard; Treas., C. E. Morgenthaler;
Sec., Jay E. Latimer, 409 American Trust Bldg., Cleveland, O.
C L E V E L A N D CITY R A I L W A Y — A cable road
O r g anization —Chartered in 1893. Known as “Little Consolidated.”
In 1898 consolidation with Clev. Elec. By. was proposed.—Y. 62, p. 363'
„STOCK & B onds —
Late.
Interest. Outstanding. Maturity.
Stock (100) $8,000,000........... •
Q.-J.
$7,600,000
See text.
Cleve. City Cable B y ) 1889 5g. J.-J.
2,000,000 July 1,1909
gold $1,000 c.&r. 1st M 5 Trustee is Central Trust Co., New York.
EARNINGS— Jan. 1 to Aug. 31, 8 months, gross, $762,634 in 1896;
$688,188 in 1895. For years ending Deo. 31 earnings have been :
,J e a r .
Gross.
Net.
Interest.
BaL.sur.
C L E V E L A N D & C H A G R IN F A L L S E L E C
1895 ........................$1,060,229, $458,772
$109,116
$349,656
1894........................
923,551
366,113
131,569
234,544 TRIC R A IL R O A D —A trolley road.
DIVIDEND—Dividends o f 4 per cent annually have been paid, but for
O rganization —I ncorporated in December, 1895, to build and oper
1896 paid 2 p. 0.; 1897, 2*4 p. 0.; 1898, 3 p. c. (% p. 0. Q-J).
ate a passenger and freight road between Cleveland and Chagrin Falls,
R oad —The company operates 84 miles of track in the city of Cleve 14 miles, to furnish heat, light and power, and own pleasure resorts.
land and suburbs on 41 miles of streets, extending 6 miles east and „.STOCK & B onds
Late. Interest. Outstand'g. Maturity.
Stock. ............. .........................
............. $300,000
west of city limits. Weight of rails 82 and 98 lbs.
istM .,$200,000,g.,red.aft.) 1.896 6 g. M -N
200,000 MaylVi9*16
O fficers —P resident, M. A. H anna; Vice-President, F. De H. BobMay 1,1906 ($500)— ,.c* 5 Int. at Guardian Trust, Cleve., trustee.
ison; Secretary and Treasurer, J. B. Hanna.—V. 62, p. 363, 664.
R oad —I n November, 189.7, 14 miles of track had been laid. To
operate under contract when completed the Chagrin Falls & Eastern
C L E V E L A N D E L E C T R IC R A I L W A Y —
BB., extending from Chagrin Falls to Garrettsville, 12 miles.
ORGANIZATION—Known as the “ B ig Consolidated.” Consolidation
President, Vincent A. Taylor; Vice-President, M. A. Sprague; Sec
of the Cleveland Electric and Cleveland City is proposed.
retary, C. F. Lane; Treasurer, ffm . Prescott.
STOCK & B onds —
Late. Interest. Outstand'g. Last div., etc.
Stock ($ 1 0 0 )........................
Q.-J. $12,000,000 Oct. 5,»98,1%
Bonds assumed—
5 1892 5 M -S
1,000,000 March. 19lo
C L E V E L A N D & E A S T E R N RR. -T rolley .
E. Clev.BB. Is tM .($1,000) ( Interest at Central Trust Co.. New York
O r g anization —Incorporated to construct an electric road from
Brooklyn St. 1st $1,000... 1883 6 M -S
300,000 Sept. 1 1903
do mort. 1890$1,000... 1890 6 M -S
300,000 Sept, l ' 1903 Cleveland through Cuyahoga, Geauga and Ashtabula counties to the
South Side 1st $1,000....... j .1 ® 8 ^ . M - 8 . 300,000mSept. 1,1903 Pennsylvania State line, between 60 and 70 miles. Stock authorized,
8,
7 .7
/ • t.
( Int. in Phila. at Fidelity Ins. Tr. & Safe Dep.
$1,200,000; issued, $100,000. Bonds will be authorized, Cleveland
Cleveland Electric B y .—
Con. M. ($1.000) gold.c*&r \ T 93 +
^
5gi s 1 9 1 3 Trust Co. to be Trustee. In July, 1898, construction was said to ha\ e
s
(In t. at trustee,Central Trust Co.,N. Y.City.
been begun to Burton via Chardon, 40 miles, and in Nov., 1898, 20
DIVIDENDS—The quarterly dividend was passed in January* 1896, miles had been graded and rails, ties, spikes, etc., ordered.
owing to large payments for improvements and settlement of back
President, H. P. McIntosh; Vice-President, H, A. Sherwln; Secre
claims; in April, 1896, paid % p. c.; in 1897,3 p. c.; in 1898,2*3 p. c.
tary and Treasurer, E. G. Tillotson.
Lane
MAP OF THE
co
$
Jv
L IN E S O F
„
¡^MENTOR
’ *</a
R A IL W A Y ;
_ ST.
M : "S J
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[ Akron Jc.
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_____
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o Grove
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Parkman o
‘is . Geauga Lake
' *
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Millers o A ^
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A
CHAGRIN FALLS
^
flrn\
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M ills
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0 Ford
South Newbury0
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W illo w Y N Y
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AKRON, BEDFORD & C LEVELA ND RAILROAD
CLEVELAND, PAIN E S VILLE & EASTERN RAILROAD
LORAIN & C LE V ELA N D RAILWAY
CLEVELAND, BEREA, ELYRIA & OBERLIN R R.
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CLEVELAND
M E D IN A & S O U T H E R N !
E L E C T R IC R A I L W A Y — o be a trolley ro .
T
ad
ORGANIZATION—Incorporated in October, 1897, to build to Cincin
nati via Columbus. In Aug., 1898, bad let contracts for grading and
overhead work as far as Wooster, 52 miles, and 30 miles had been
graded and bridged.
STOCK & B onds —
Date.
Interest.
Oulstand'g.
M aturity.
Stk., »7 50,000(par $ 1 0 0 ) .............. .
.........
1 st mortgage, $500,000 i 1898
5 J-J
(?)
July 1,1918
($500 each................\ Interest at Company’s office, Cleveland, O.
The Cleveland Trust Co. is trustee of the mortgage.
INCORPORATORS—F* 0. Goodman, Joseph W. Roof, William Hackney,
Adelbert R. Gibson, Geo. R. McRay, etc.—V. 67, p. 319.
STOCK & B onds Miles. Date. Interest. Oulstand’g. M aturity.
Stock,$75,000 (par $ 1 0 0 ).......... .
$75,000 f.p.
- - .... ..
1st M.; gold, $1,000...c* ... ... 1892 6g. M -N 150,000
May 1,1922
Interest is payable at Mercantile Trust & Deposit Co., Baltimore.
R oad —Operates 10 miles of track.
O fficers —Pres, and Gen. Manager, J. Q. Marshall; Sec., W. H. Lyles.
C O L U M B IA T R A C T IO N L IG H T & P O W E R —
Organized in 189S to buy and own the entire street railway system
and electric-lighting plant in Columbia. Stock, $500,000. In Nov.,
1898, the project had not been consummated, and no securities had been;,
issued. Incorporators—I. L. Withers and F. H. Weston, of Columbia
F. F. Williams and Willet Hazard, of Buffalo, N. Y.
C L E V E L A N D P A IN E S V I L L E & E A S T E R N
R A IL R O A D —(See M a p , page 3 1 .)—A trolley road.
ORGANIZATION, E t c .— Incorporated A pril 25, 1895.
pleted in August, 1896.
S t o c k * B onds Date- Interest. Outstantfg.
Road com
M aturity.
C O L U M B U S , GA.
P o pulation 1890 w as 17,303; in 1880 w as 10,123;
AND IN 1870 w as 7,401.
COLUM BUS
R R . —Part trolley; part steam.
O r g a n iz a t io n —Owns and operates the street oar system of Colum
bus, the belt passenger and freight lines, connecting with all past
senger and freight depots, and a large brick, metal roof warehouse
Debentures $500,000...... | jnt. at Dime Sav. & Bkg., Clev., trustee.
and general storage building; alsp an electric light and power system.
Trustees of mortgage are State Trust Co., N. Y., and Cleveland
Securities—New bonds are first mortgage 5s due 1937, for $450,000,
Trust Co., Cleveland, O. Bonds authorized at $25,000 per mile. On
and second mortgage 6 per cent non-cumulatlve incomes, due 1937;
Jan. 1,1898, current liabilities were $220,000.
$30,000 of the firsts are reserved to retire $30,000 underlying bonds
ROAD—Owns road from Euclid, Ohio, to Painesville, 18*87 miles, and
due 1913 and $20,000 to build bridge across river.—V. 66, p. 759.
uses Cleveland Electric Ry. from Euclid to Public Square, Cleve., 10
ROAD— O erates 2 1 m
p
4 a iles of track
.
miles; “ Shore Branch ” (Willoughby to Cleveland, built in last half of
O fficers — President, John F. Flournoy; Vice-President, W. D.
1897) , 14*39 miles; total track (including 41 miles of double), 37*76
2
Stratton; Secretary and Treasurer, P. W. Briggs, 100 Broadway, New
miles. Rails 68-lb. girder on old line and 70 lb. T on Shore Branch.
York; Super, and Puroh. Agent, W. D. Keene.—V. 66, p. 759.
23 motor cars. Power house is at Willoughby and uses water from
Chagrin River free.
L a t e s t E ar ning s — 10 months, ) 1898..Gross, $89,381; net, $41,390
L
Jan. I t o Oct. 31.
\ 1897. .Gross, 73,077; net, 35,793
P o p u l a t i o n 1890 w a s 88,150; i n 1880 w a s 51,647;
EARNINGS—For year ending Deo. 31,1897, gross, $87,533; net, $40,AND in 1870 w a s 31.274.
618; interest on 1st mortgage bonds, $25,000.
OFFICERS—President, C. W. Wason; Vice-President, J. A. Biedler;
C O L U M B U S S T R E E T R A I L W A Y - A trolley road
Treasurer, E. W. Moore; Secretary, F. S. Borton. Directors (January,
ORGANIZATION— Organized in M ay, 1892.
1898) - Henry A. Everett, I. N. Topliff, W. F. Carr, Fred. Storm, C. W, O m n i
R onds —
Date. Interest.
Outstand’g La st div., <6c
PaTfitalstock
Q .-F . $3,000,000Nov.1,’98,1%
Wason, E.W. Moore and J. A. Beidler.—V. 63, p.356,458; V. 64,p.284,
C o L C o n .S treet RR. 1st>1889 5 g ! j . - J .
719,000 July 1,1909
mortsdiffCi
Intorost »tJContrftl
N. Y«
L O R A IN & C L E V E L A N D R Y . - (S e e m a p , p a ge 31., Co s rT i Sg o ld ............( 11892 5 g 8J . - J . 2Trust Co«* July 1,1932
T T
oOO.OOO
.
281,000
O r g a n iz a t io n —Chartered in 1895. Owns 19 miles of trolley be
go ld ...........................o* > Interest at E. W. Clark & Co., Phila.
tween Rocky River and Lorain and running to Public Square, Cleve
C r o s S w K l* m o C
rfir$2,-?1893 5 g . J . - D .
561,000 June 1 1 9 3 3
land, on Cleveland City Ry. Power house is at Avon Beach Park,
000 000 g. gu. p. & i. o.* S
Knickerbocker Trust Co., N. Y ., Trustee.
using water from Lake Erie.
Bills payable Jan. 1,1898, $125,500.
STOCK & B onds —Capital stock, $1,000,000 (increased from $500,
Bonds.—The first consol, mortgage o f 1892 is fo r $3,000,000, o f which
000 in August, 1897). First mortgage authorized, $1,000,000 of 5 p. c $719,000 are in hands o f trustee (Knickerbocker Trust Co., N . Y . ) to
gold bonds; $700,000 issued, dated July 1,1897, due 1927; $1,000 retire the Col. Consol. St. RR. firsts. The Orosstown Street By. 1st M. is
each, J < J. Trustee, Cleveland Trust Co.; interest there or Colonial for $2,000,000, o f which the balance unissued may be sold fo r e xten
fc
Trust Co., N. Y. President, B. Mahler; Vice-President, E. G. Tillotson sions at $30,000 a mile. Principal and interest o f the Crosstown bonds
Secretary, James B. Hoge; Treas., E. W. Moore; Asst. Sec., F. W. Coen are guaranteed by Col. St. Ry. Co., which owns all the stock and operates
property under a perpetual lease. Guaranty endorsed on each bond.
DIVIDENDS—? 892, 3 per cent; 1893, 2 p c.; 1894,1*2 p. c.; in 1895,4
p. c.; in* 1896,4 p. o.; in 1897,4 p. o.; in 1898,4 p. c.
P o p u l a t i o n 1890 w a s 22,509 ; i n 1880 w a s 19,416 ;
Ro ad .— Operates 64*17 miles o f track, as fo llo w s :
a n d i n 1870 w a s 15,357.
Road owned.
Miles. \
Road leased.
COHOES CITY R A I L W A Y . - A trolley road.
Main lin e...... ....................... 51*17 |Crosstown St. R y ........................13
O r ganization — Chartered in 1894 and controlled by the same in
Rails, 45 to 93 lb. girder and 60 to 80 lb. T. Owns 84 closed m otor
terests as the Albany Railway with which connection is made.
cars, 67 open motor cars and 14 trail cars.
STOCK & B onds Date. Jnle>est. Outstand’g. Maturity,
L a t e s t EARNINGS— 10 m os.,) 1898..Gross, $568,982; net, $290,833
Stock (par, $20).....................
2% yr.’95-6 $50,000
...........
L
J a m ! to Oct. 31.
$1897..Gross, 505,254; net, 264,746
1st M., gold, $50,000......... 1895 6 g.,J -J
50,000 July 1,1905
A n n u a l R e po r t — Fiscal year ends Dec. 31. R eport for 1897 w as
2d M., gold......................... 18t»6 6 g., J-J
35,000 May 1,1906
Loans payable (June 30,1898.) $23,633. Year ending June 30,1898, given in V. 66, p. 381. Earninsrs have been as fo llo w s :
1896.
1897.
1896.
1897.
gross, $23,321 ; def. under charges, $7,806. In 1895-96 gross, $27,083;
Gross earns...$605,921 $626,961 Dividends......$120,000 $120,000
net, $8,350; interest and taxes, $3,169; dividends (2 per cent), $1,000; Net earnings.. 319,047
6,379
Surp. for year.
4,293
318,516
204,923
4.362 Tot.sur.Dei\31 196,638
balance, surplus, for year, $4,181. Three months ending 8ept. 20, Other income.
5,397
______ P R 200.151
196,500
Fixed charges. ________
1898, gross, $8,241; net, $1,471; chargee, $1,662; deficit,$191.
O fficers — Pres., Robert E. Sheldon; 1st Vice-Pres. and Treas., E. K
Ro a d — Track, 6*e miles. President, John W. McNamara, Albany, N.Y.
Stewart; Sec. and Auditor, P. V. Burington; General Supt. and Pur.
Agent, W.F. Kelly. INDEX—V. 65,p. 824,1023; V. 66, p. 381, 857.
lst^Móft.’ °goid? !50Ò‘
,
,ÒÓÓ.' ) 1896 5'g! A -O
<*1,000 6 » « .............o* D M
at State
’500^00 Apr. i , 19Ì6
g 1907
C O L U M B U S , O H IO .
CO H O E S, N. Y .
C O L O R A D O S P R IN G S , COL.
PO PU LA TIO N 1890 W AS 11,140; i n 1880 w a s 4,226.
CO LO R AD O SPR ING S R A P ID TR A N SIT RY.
O rganization — Chartered in 1890. Franchise is perpetual and is
said to give “ practically exclusive” rights in the city.
S tock & B onds — Miles. Date. Interest. Outstand’g.
M aturity.
Stock (par $100)...........................................
$500,000 f.p.........
1st M., $1,000each...
7*3 1890 6 A -O
350,000
1910
Consol. M., $1,000 ea.,> 27
1891 6 g A - 0
150,000 Apr. 1,1921
for $500,000, gold.. 5 Subject to call after October 1,1896.
Interest is payable at Chemical National Bank, New York City.
Consolidated mortgage was originally for $750,000, of which $350,000
reserved for first mortgage, and balance was issuable at $20,000 per
mile of new single and $30,000 per mile of new double track; but the
total issue has since been limited to $500,000 by the cancellation of
$250,000 of the bonds. Trustee. Central Trust Co., N. Y.
R o a d — Owns 2 8 ^ miles of track, and June 1, 1895, began to op
erate the Manitou Electric Railway & Casino Company’s line, l*a miles.
ANNUAL R eport —For year ending Deo. 3Ì, 1897, earnings were*
1897.
1896.
1897.
1896.
Gross earns...$142 664 $152,032 Fixed charges...$33,912 $34,081
31,048
Net earnings.. 57,889
65,129 Balance, surplus 23,977
OFFICERS— Pres.. F. L. Martin; Vice-Pres., E. J. Eaton; Seo’y, Treas
and Gen. Man., A. L. Lawton; Supt. and Purch. Agt., D. L. Macaffree.
C O L U M B IA , S. C.
P o pulatio n 1890 w as 15,353 ; in 1880
AND IN 1870 WAS 9,298.
w as 10,036^
C O L U M B IA E L E C T R IC STREET
W A Y L IG H T & P O W E R — trolley ro .
A
ad
R A IL
C O LU M B U S C E N T R A L RY.— A trolley road.
O rganization — George H. Worthington of Cleveland, O., is receiver* #
On Oct. 26,1898, decree of foreclosure was entered.—V. 67, p. 955.
Bo n d h o ld e r s ’ C o m m it t e e —g . h . Worthington, J. V. Painter;
M. T. Herrick, all of Cleveland; H. L. Breneman and T. C. Campbell,,
of Cincinnati; Secretary, F. N. Bendelari, Columbus, Ohio; depository.
Guardian Tr. Co., Cleveland. About $1,300,000 bonds deposited.
STOCK & B onds — Miles. Date. Interest. Outstand’g.
M a tu rity .
Stock (par $100).......................................... * 1,5?2’SSa
----lsTmortgage,<$l,50o!- < .... 1893 5g. M -N 1,500,000 May i , i913
8
000, gold................. ( May, ’96, coupon the last paid.
Mortgage trustee is the Savings & Trust Company of Cleveland, O.
In July, 1898, stockholders were held liable for debts.—V. 67, p. 73.
ROAD—In May, 1896, reported to have 34 m. of track.
E arnings — From Oct. 1,1896, to March 1,1898,17months, receiv
er’s report shows: Gross, $128,265.—V. 67, p. 73, 955.
C O N C O R D , N. H.
POPULATION 1890 w as 17,004; in 1880
AND in 1870 w as 12,241.
w as 13,843 ;
CO NCORD STREET R A I L W A Y — trolley road,
A
extending from the central wards of Concord to Penacook.
STOCKS & BONDS—
Date. Interest. Outstand’g.
Last div., etc.
Stock, com., $100,000...........................
$50,000
Pref.,cum .,$100,000............
6
50,000
1895-96.6%.
First mortgage, $150,- C 1893
5 J -D
118,500
Dec., 1913
000...................... c* < Subject to call in 1898 to 1902, inclusive, at
oKison each »
f
102: in 1903 and thereafter at nar.
STREET
33
RAILWAYS
Intertst at National Bank of Redemption, Boston, and in Concord.
Dividends of 6 per cent have been paid on the preferred stock.
Road is 12 miles long; total track, 121 miles
s
E ar ning s —F or years ending June 30 earnings w ere:
L,
1897.
1896. I
1897.
1896.
Gross earnings..$49,529 $49,626 |Interest and taxes.$6,485 $6,187
3,000
Net earnings ... 6,050
3,562 Dividends......................
O erincome....
th
250
1,033 |B alance............. def. 1
85def.4,592
OFFICERS—President and Purchasing Agent, J. H. A lb in ; Treasurer
and Clerk, A. B. Cross.
C O R T L A N D , N. Y .
purchase of the road in the interest of a Des Moines, la., and N ew York
syndicate. The road has, exclusive of 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. A ll the authorized stock and
bonds were in Nov., 1698, reported to be outstanding as collateral for
a loan. Presid’t, C. H. Alexander, Dallas.—V. 66, p. 185; V. 67, p. 176
D A L L A S & OAK C L IF F E L E C T R IC R Y .A trolley road. Chartered May, 1887. Operates 11 miles of track.
President, H. C. Scotti Vice-Pres’t, C. F. Carter; Supt., B. F. Sibert.
D A L L A S R A P ID T R A N S IT & T E R M IN A L
R A IL W A Y — trolley ro .
A
ad
P o p u l a t io n 1890 w a s 8,590; i n 1880 w a s 4,050;
a n d IN 1870 w a s 3,066.
C O R T L A N D & H O M E R T R A C T IO N — rolley.
T
O rg anizatio n —Chartered May 14,1894, 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
as well as passengers, between Cortland, Homer and McGrawville.
STOCK & B onds —
Date.
Interest. Outstand’g.
Maturity.
Stock........................................................
$300,000
..........
1st M.,$300,000, gold,\
1894 6 g. A. - O. 300,000 Apr. 1,1924
free of t a x .......... c* > Interest at Farmers’ Ln. & Tr. Co., N ew York.
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 30,1897, gross, $31,904; net, $14,304;
other income, $4,980; interest and taxes, $18,600; surplus for year,
$683. In 1895-96, gross, $33,188; net, $13,620.
OFFICERS—Pres., C. D. Simpson, 8eo., H. E. Hand, Scranton
O rganization —Successor to Dallas Rapid Transit, December, 1894.
Capital stock $100,000; par, $100. It is not intended to issue bonds
except for improvements and extensions. None issued to May 1.1898.
Has 13 miles of track on 13 miles of streets. President, W. F. Thayer,
Concord, N. H .—V. 67, p. 1003.
NORTH
D A L L A S C IR C U IT R A I L W A Y .—
A
trolley road, embracing, it is said, 4 miles of track. Stock $100,000.
There are $100,000 of 6 p. o. 30-year bonds owned by the stockholder»
and on which no interest is being paid. President, R. A. Ferris.
D A N B U R Y , CONN.
P o pulatio n 1890
w as 16,552; in 1880 was 11,666;
and in 1870 w as 8,753.
D A N B U R Y & B E T H E L S TR E E T RY-
O r g an izatio n .—H as a perpetual special charter, the only street car
company serving the city of Danbury and town of Bethel. Its lines
also extend to the Danbury Fair Grounds and the pleasure resort of
Lake Kenosha. The population served is estimated at over 30,000.
STOCK & B onds —
Miles. Date. Interest. Outstand'g. Maturity.
COTTAGE CITY STR EET R Y.-A trolley road.
Stock ($323,000, par$25) ................. Below $320,000 Nov.15,’97, 2
O r g a n iz a t io n — stock, ($100) $37,000, 1st mortgage, $ 25,000, gold, IstM . $200,000,gold.............
1894 5g. M-N 200,000
M ayl,1914
1895, 6 g., M -N , due May 1,1915. Interest at International Trust Co.,
Interest in Boston at Am. Loan & Trust Co., trustee.
Trustee, Boston. Dividends—1894-95, 4 per cent; in 1895-96, 0; 1896Dividends in 1896, Jan., 21 p. 0.; in Oct., 2 p. c.; in 1897,4 p. e.
e
9 7 , 4 p.o. Owns line 5-4 miles in length; sidings, *2 m.
R o a d — On Oct. 1,1897, trolley road in Danbury and from Danbury to
EARNINGS—For year 1896-97, gross, $4,376; net, $196; charges
Bethel, etc., 10*6 miles in all; sidings, etc., 55 miles; total, 11*15 mile».
$2,074; dividends, $1,396. Boston office, 21 Milk St.. Boston, Mass. ’
EARNINGS—For 9 months ending June 30, 1898, gross, $42,827 ;
net, $16,794; interest and taxes, $12,992; dividends, $12,800. For
year ending Sept. 30:
see o m a h a .
Gross.
Net.
Int. A taxes. Dividends. Bal„sur.
1896-7,.......... $62,483
$26,771
$13,184
$12,800
$787
1895-6........... 65,160
23,414
13,123
8,000
2,291
OFFICERS—President, Samuel C. Holley, Danbury, Conn.; Vioe-Presi'
P o p u l a t i o n 1890 w a s 37,371; i n 1880 w a s 29,720
dent, S. Harrison Wagner, New Haven, Conn. Directors—S. C. Holley,
a n d i n 1870 w a s 24,505.
C I N C I N N A T I N E W P O R T & C O V I N G T O N Arthur E. Tweedy, Henry Bernd, M. H. Griffing, M. McPhelemy, A .
W. Holley, all of Danbury; S. Harrison Wagner, New Haven.
R A I 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. See
particulars in S u p p l e m e n t for May, 1898.
P o pulatio n 1890 w as 11,491; in 1880 w as 7,733.
In December, 1896, control was obtained by a syndicate and the
D A N V IL L E GAS E L E C T R IC L IG H T
&
officers given below were eleoted.—V. 64, p. 41.
STOCK & B onds —
Date.
Interest. Outstanding.
Maturity. STR EET R A IL W A Y .
Company estimated population in 1896 at 17,000.
Stock ($100) $4,000,000.............................. $3,500,000
.......... ..
STOCK & Bonds —
Miles. Date. Interest. Outstand'g. Maturity.,
Underlying Bonds—
Stock, $350,000.............................. ............
$350,000 ...............
250,000 Mch., 1912
So. Cov. & Cm. 1st M ....... 1882 6 M -S
Consol M $500 000 cold 5 J892 6 g. J - J E x 150,000 Jan. Y
uonsoi. m., qsouu,uuu gom. £Interest at ^
Nat Banb> N 1,1932 1 $1^603. 0’00°A 8O l 81a 1896 6 g. M -N
0
l<f*
300,000 1899-1916*
C O T T A G E C IT Y , M A SS.
C O U N C IL B L U F F S , IA .—
C O V IN G T O N , K Y .
D A N V IL L E ,
ILL.
Newp. ADay.St.Ry. Is tM . 1887 6
100,000
Aug. 1,1917
Bonds—'The bonds are due $7,000 each May 1,1899-1906; $8,000
Cincinnati Newport A Covington
1st oonsol. mort., gold, $3,- > 1892 5 g. J - J
2,500,000 July 1,1922 1907-1915, and $172,000 in 1916; mortgage trustee is the American.
000,000 ($1,000)...0* & r s Trustee Farmers’ Loan & Trust Co. of N.Y. Loan & Trust Company of Boston.
2d mortgage, $1,000,000,) 1896 5 g.
500,000 July 1,1922
COMPANY’S PROPERTY— The company Jan. 1,1897, owned: 1. G a e
gold ($1,000 each)......c 5 Trustee Farmers’ Loan & Trust Co., N. Y
works operated under special charter and a perpetual franchise. 2Bonds - O f the ls i consolidated of 1892 $500,000 are deposited with An electric-light plant is operated under a 99-year franchise, with
the trustee to retire all the underlying mortgage bonds. The perpetual capacity of 10,000incandescent and400 arc lights, with dynamos for fur
oharters of constituent companies are kept alive, and their capital nishing power to street railway. 3. The entire street railway system
stocks are deposited with tae trustee as collateral for the first consols. of the city, 8 ^ miles of track, “ nearly all laid in brick pavement
Second mortgage 5s for $500,000 were sold in December, 1896.
running to three parks, the fair grounds, cemetery and railway
R O A D — Connects Cincinnati, Newport, Covington, Dayton, Bellevue,
depots.” Equipped within four years with 50 and 60 lb. Johnson T
Ludlow, Bromley and Ft. Thomas. Total in operation in May, 1897,56 rails, with 13 motor cars (general electric) and 3 trailers.
miles; laid with 80 Johnston girder and 72-pound u T ” rails.
Earnings —From January 1 to June 30, 6 months, in 1898, gross,
A n n u a l R eport —E arnings for years ending Dec. 31, were: 1897, $53,008; net, $23,929; in 1897, gross, $50,831. Earnings for years
gross, $638,477; net, $211,197; interest charges, $183,073; bal., sur ending April 30 were as follow s:
plus, $28,124. In 1896, gross, $644,044; net, $180,045.
-Cross.-Net.OFFICERS—(Elected February, i 8g8.)—President, James C. Ernst;
Tear ending April 30—
1897.
1896.
1897.
1896.
G a s ............................... $18,771
$18,097
Secretary and Treasurer, George M. Abbott.—V. 66, p. 706.
$7,514
$6,751
Electric Light...............
54,726
47,876
29,974
24,971
Street Railway..............
28,735
29,036
7,561
8,502
C R IP P L E C R E E K , COL.
C R IP P L E
CREEK
D IS T R IC T
Total........................ $102,232
$95,009
R A I L W A Y — Taxes and insurance.............................................
ORGANIZATION—Has municipal franchises, granted in 1896, fo r 25
years. Chartered in 1897 fo r 50 years.
Bonds —First mortgage, gold, coupon 5s; authorized, $1,250,000;
all issued; $1,000 each, due 1948, A & O; interest at Central Trust
Company, New York, trustee.
R oad —Trolley. Cripple Creek to Victor, 7 miles ; operated from
January, 1898, and 32 additional miles, Colorado Springs to Cripple
Creek, under construction. President, H. C. S. Dyer; Vice-President
and Gen’l Manager, L. D. Ross; Secretary and Treas’r, J. L. Lindsay.
Interest on bonds..................................................
$45,049
$3,304
18,000
$40,224
$2,440
18,000
Balance, surplus, for year.................................. $23,745 $19,784
O fficers —P resident, F. W. Penwell; Vice-President, A. C. Daniel;
Sec., Treas., Gen. Man. and Purch. Agt., E. X. Leseure.—V. 65, p. 1114
D A V E N P O R T , IO W A .
P o pulatio n 1890
AND
w as 26,872; in 1880 w as 21,831;
in 1870 w as 20.038.
TR I-C ITY R A I L W A Y — trolley ro .
A
ad
D ALLAS, TEXAS.
P o p u l a t io n in
1898 ( e s t i m a t e d )
a n d i n 1880
w as
w as
64,224;
10,358.
D A L L A S C O N S O L ID A T E D
R Y . —Trolley.
in
1890
w as
38,067
E L E C T R I C ST.
O r g a n iz a t io n —A consolidation in February, 1898, of the Dallas
City Street Ry. and Queen City Ry. sold in foreclosure. In Nov.,
1898, it was reported that G. M. Van Ginkle was negotiating for the
O r g an izatio n —I ncorporated 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.
*
a ^ I . ? ? ^ A ^ DSTu ,
Date' Int<srest. Outstanding. Maturity
Stock ($600,000 auth.).................................. $440.000
“
9
^
a
t 1 . -.«•
* f 1891 6 g J - J
630*000 July Y , 1901
§>°ld--o*1
(Part due yearly) to Julv 1 1 9 1 1
$1,000,000($500 & $1,000) ] Int. payable inN. Y. atChaseNat. B ’kand
l m Chicago at 1 1 Tr. & Sav. Bk., Trustee
1.
S TR E E T
R A IL W A Y S ,
ROAD—Owns 42 miles of trolley road and one mile of horse road,
comprising all the street railways in the cities of Davenport, Iowa,
and Book Island and Moline, 1 1
1 .—combined population over 70,000.
E arnings — For year ending Sept. 30, 1897, gross, $205,159; net,
$66,672; other income, $4,340; interest and taxes, $44,183; balance,
surplus for year, $26,829.
OFFICERS—President (Oct. ’98), Edward E. Cook, Davenport; Sec.,
Treas. and Purch. Agent, J. F. Lardner, Davenport, la .—V. 67, p. 802,
STOCK AND B onds —
Date. Interest. Outstanding. Maturity.
Stock. $1,100,000, $100............................
$1,100,000 ...................
1^7
,
’ $500,000, go ld,l 1 8 9 7 5 g J - J
450,000 Jan. 1, 1927
Jan* 1 redeemable after > trustee Union Sav. Bk. & Tr., Cincinnati, O.
President, John A. McMahon.—-V. 62, p. 1140.
D E C A T U R , IL L .
P o p u l a t i o n 1890 w a s 16,841; i n 1880 w a s 9,547;
IN 1870 W AS 7.161, AND IN 1898 ( e s t i m a t e d ) . 28,000.
C IT Y
D A Y T O N , O H IO .
P o p u l a t i o n 1890 w a s 61,220; i n 1880 w a s 38,678;
and
in
1870
w as
30.473.
C I N C I N N A T I H A M IL T O N &
fj’j^^QXION CO.— steamm
A
otor road.
E L E C T R IC
R A I L W A Y —A trolley road.
O r g a n iz a tio n — Chartered in 1891, and in 1892 consolidated with
DAYTON
1 ORGANIZATION—Operates a rapid transit line, Hamilton to Middletown, with steam motors, for Cincinnati Hamilton & Dayton By.—V.
64, p. 82.
CITY R A I L W A Y C O . —A trolley road.
ORGANIZATION— Franchises run for 50 years from Feb. 8,1892, and
A pril 19,1893.
c Tn(.K
Ronds —
Date. Interest. Outstand'g. Maturity
Com. stock, $1,500,000 ($100)............ 5 p. c. $1.470,600 1897,5%
Pref. stock, $600,000 ($100)............ 6 p. o.
600,000 1897, 6%
Dayton & Soldiers’ Hom e)
1891
6 J -J
65,000 Jan. 1, 11
BB. 1st mortgage....... > Interest at Chemical Nat. Bank, N. Y. City.
D ividends —In 1897 there had been paid on p referred6 per cent and
on common 5 per cent fo r several years.
Road — O p e r a i n all 26 miles of track, comprising 13 miles of double
track on Third Street, Fifth Street, Huffman Avenue, etc.
OFFICERS—President, D. B. Corwin; Secretary, W. H. Simms.
D A YT O N S P R IN G F IE L D & U R B A N A E L E C -
- p p Q Q R A I L W A Y - To be a trolley road Incorporated to
construct a road from Dayton to Springfield and Urbana, 38 miles. In
Nov., 1898, under construction between Dayton and Springfield, 26
miles, and expected to be ready for operation by May, 1899. President,
Fred. Colburn, Springfield, O.; Sec., J. G. Webb.
D A Y T O N S P R IN G V A L L E Y A N D W I L
M IN G T O N T R A N S IT —To be a trolley road. Projectedfrom
Decatur Electrio Street By. and Citizens’ Electric Street By. Franchise
runs till 1911. Company’s officials report population in 1895 as 26.000.
STOCK & B onds —
Date. Interest. Outstand'g Maturity.
Stock ($300,000 authorized).......................... $175,000 ..................
Preferred stock.............................
text.
125,000 Sept., 1895
1st M. ($175,000 authorized) ( 1892 6g. M -S
175,000 Mch. 1, 1912
gold, $500, no option...... < Interest at American Trust & Savings
l Bank, Chicago.
D ividends —In September, 1895, declared 12 per cent dividend,
covering two years, on the preferred; none since to November, 1898.
Road —Operates 13 miles of trolley track. Bails 40 to 50 lb.
OFFICERS—President, D. S. Shellabarger; Secretary, Treasurer and
Purchasing Agent, W. L. Shellabarger.—V. 61, p. 558.
D E N V E R , C O L.
P o p u l a t i o n 1890 w a s 106,713; i n 1880 w a s 35,629;
AND IN 1870 w a s 4,749.
C O L F A X
A V E N U E
E L E C T R I C —A trolley road
In November, 1898, efforts were being made to consolidate with the
various Denver companies.
S tock & Bonds —
Miles. Date. Inter't. Outst'dg. Maturity.
Stock......................................
;..................... $150,000
---IstM ., cur’cy ($500&$l,000)c* ..
1891 6 J-J 150,000 Jan.l,’l l
FORECLOSURE—On November 1,1898, sale was ordered, no interest
having been paid since 1891.—V. 67, p. 842,1003.
R o a d — Operates 10% miles of track in city of Denver, Col.
O f f ic e r s — President, S. M. Perry; Vice-President, C. E. Dickinson.
Superintendent, F. A. Perry; Treasurer, T. S. Hayden. - V . 67, p. 1003.
D E N V E R C I T Y R A I L R O A D —A cable and horse road.
O r g a n iz a t io n — A reorganization in August, 1896 (per plan in Sup *
p l e m e n t for May, 1896,) of the Denver City Cable Ry., sold in fore
closure September 10, 1895.—V. 61, p. 470. The old stock paid an
assessment of $10 per share. Owns West End Street By., 10% miles.
R e o r g a n iz a t io n — In March, 1898, the following protective com
mittee was formed by the bondholders—F. P. Olcott, Chairman; Wm.
D A Y T O N T R A C T IO N — trolley ro .
A
ad
ORGANIZATION, e t c .—I ncorporated in 1893. The Cincinnati & L. Bull, Charles H. Merriman, David S. Baker, Arthur K. Hunt,
Miami Valley Traction Co. (see Hamilton. Ohio,) operates from Miamis- Committee: J. N. Wallace, Secretary, 54 Wall Street,, New York. The
burg to Hamilton, 26 miles, and has leased Dayton Traction, thus Central Trust Co., 54 W all Street, is depositary for the securities
forming a through line from Dayton to Hamilton. Lease runs for represented by this committee.—V. 66 , p. 618. In Nov , 1898, sale was
999 years, from April 18, 1898, guaranteeing dividends at 2% per ordered and expected to take place in December.—V.‘67, p. 1003.
STOCK & B onds —
Date. Interest. Outstanding.
Maturity.
cent per annum to Jan. 1, 1899, then 3% per cent to Jan. 1,1900,
Capital stock ($100)..................................
$2,500,000
.............
thereafter increasing under certain contingencies % per cent per an 1 st pref., 6 p. c. non-cum....................
1 ,000,000
.............
200,000
.............
num up to 6 per cent, and to be 6 per cent without qualification after 2d pref., 6 p. c. non-cum........................
gold
3,800,000 Jan. 1,1920
Jan. 1,1905; also interest on $250,000 1st 5s and principal and inter 1st mort., each) $4,000,0"0> 1895 3to5g.J-J Trust Co., New York.
($1,000
(text). . .c* 5 Trustee, Central
est of $50,000 debenture 6s assumed.—V. 66, p. 1237.
Bonds—No interest has been paid on the new bonds.
STOCK & Bonds — Date. Interest.
Outstanding.
Maturity.
R o a d — Miles of main line, 24; second track, 22; total track, 46
Stock (par $100)................
....
$250,000
.............
miles, of which cable lines, 30 m.; horse car lines 5 m.; electric, 11 m.
1st mtge. $250,000< 1896 5g. J-J.
250.000
July 1,1916
g. ($1,000) ass..o* ( Interest at Finance Co. of Penna., Phila., trustee. In June, 1898, the Board of Aldermen voted to allow change of mo
T
$2,o!og? aarly i ••••
e
M*S50’000
Mar* X’ 1913 tive power to electricity and to extend its line on certain streets.
OFFICERS—President, George H. Holt; Secretary and Treasurer, G.
R oad —Dayton to Miamisburg, Ohio, l l 1 miles of road; second track,
^
1% miles; rails, 60 and 70 lbs. Conneots at Miamisburg with Cincin D. L ’Huillier; Gen. Man. and Purch. Agt., E. C. Baggs —V. 67, p. 1003.
nati & Miami Traction for Hamilton, Ohio.
D E N V E R C O NSO LID A TED T R A M W A Y OFFICERS—
President, Dennis Dwyer; Secretary, Albert Emanuel;
O rganization — Consolidation in 1893 of Denver Tramway and Met
Treasurer, O. B. Brown.—V. 66, p. 1237.
ropolitan Street RR. Co. Bonds are all $1,000. In November, 1898,
Dayton, via Bellbrook and Spring Valley to Wilmington, 34 miles,
Considerable grading had, in July, 1898, been done between Dayton
and Bellbrook. President. J. M. Wilson, Dayton, Ohio.
D A Y T O N & W E S T E R N TR A C T IO N — rolleyro . efforts were being made to consolidate the various Denver roads.
T
ad
Interest.
Outstand'g.
Maturity.
S tock and B onds — Date.
$3,000,000
See text.
.. J.-J.
Capital stock f$100 sh.).......
498.000 July 1,1908
6 g. J.-J.
Denver Tramway 1st, g.1888
1.219.000 Jan. 1,1910
6 g. J.-J.
Consol. M.,gold..o*<fcr.1890
953.000 Jan. 1, 1911
6 g. J.-J.
Met. St. RR. 1st, go ld...1891
1.012.000 Oct. 1,1933
Denver Con. Tram way) 1893
_______
- ,
5 g. A.-O
Con.M.,$4,000,000, g s Interest at Mercantile Trust Co., N. Y., trustee.
Collateral trust notes... 1896
6 p. e.
$276,000 Oct. 1,1900
Bills payable June 30, ’98......................
126,000
................
D A Y T O N & X E N IA T R A C T IO N — o be trolley.
T
Bonds—Consol, mortgage of 1893 is for $4,000,000, of which $2,O r g anization —I ncorporated in 1898 to build a 16-mile road be 670,000 reserved to retire prior liens. Full abstract V. 52, p. 354.
tween Dayton & Xenia. There will be 3*70 miles of double track in
The collateral trust notes for $326,000 issued Oct. 1,1895, to retire
Dayton and one mile of double track in Xenia. Owns private right of the floatiug debt are secured by deposit with International Trust Co.,
way the entire distance between the two cities, following the highway, Denver, of $326,000 consol. 5s, $326,000 full-paid stock and $302,000
and franchises for independent lines in two cities have been obtained. of Denver Realty Co. stock.
Construction begun Nov., 189«, and expected to be completed April,
Dividends—Paid in 1894, 2 p. o.; in 1895,1% p. c ; none since.
1899. Stock authorized, $300,000; bonds $300,000 25-year gold 5s.
Road —June 30,1898, owned and operated 98-64 miles of electric
railway, in the city of Denver, Col. Formerly part cable, now all electric
H O M E A V E N U E R A I L R O A D —A steam road.
LATEST EARNINGS—9 mos., > 1898...Gross, $551,130; net, $207,352
ROAD—Operates 3 miles of track in city of Dayton extending to Na
Jan. 1 to Sept. 30.
*1897 .Gross, 527,461; net, 210,133
tional Military Home. Leaded to Cincinnati Hamilton & Dayton BR.
Fixed charges, 9 months, $170,398 in 1898; $166,068 in 1897.
(lease renewed in 1897) for 3 per cent on the $100,000 capital stock;
ANNUAL R eport —The report for 1897-98 was in V. 67, p. 952.
par of shares $50. No indebtedness. President, W. P. Callahan.
1896-7. 1895-6.
Years ending
1897-8. 1896-7.
Deduct—
$
$
June 30—
$
$
O AK W O O D STR EET R A I L W A Y — trolley ro . Gross earnings..735,588 714,419 Inter, on bonds. .200,516 199,160
A
ad
16,702
Taxes .............
ORGANIZATION— Franchise runs for fifty years from July 10,1891, Net earnings___284,031 289,024 Miscellaneous... 21,236 25,778
10,418
Misoel. receipts. 1,976
11,687
first franchise granted March 17, 1871. Owns 5 miles of double track.
Total net........ 286,007 300,711 Balance, surp... 53,837 59,069
Capital stock, $300,000, par, $50; and in November, 1897, there was no
OFFICERS.—<
June, 1898) President, Rodney Curtis; Treas., G. E. Rossmortgage on the property. President, Charles B. Clegg; Vice-President,
Lewin; Sec., Wr. G. Evans; Purch. Agt., C. F. Musgrove.—V. 67, p. 95 2.
A. L. Stout; Secretary, V. Winters.
STOCK & B onds —
Date. Interest. Outstanding. Maturity.
Stock, $400,000 (par $100)...........
A.-O.
$400.<>00
..........
Is tM .,$400,000, g., ($1,000 5 1898 5g. A.-O.
400,000 A p r .l,1923
each), not subj. to call..c* ( Int. at Central Trust Co., N. Y., Trustee.
ROAD—Dayton, Ohio, to Eaton, 25 miles, operated from June 26,
1898. July, 1898 (1 mo.), gross, $6,364; net, $3,790.—V. 66, p. 708.
D E N V E R L A K E W O O D & G O L D E N R A IL
P E O P L E ’S STREET R A I L W A Y . - A trolley road.
O r ganization — A-consolidation in June, 1896. Riverdale to Soldiers’
Home, 6# miles double track (old White Line), and on Wayne Ave.,
1
etc., 3-6 miles double track; total, 9-7 miles of double track.
ROAD.— trolley road and steam road. Receiver Borst is in
A
charge of the property. Part of road was sold for taxes Nov. 1,1894
but suit to declare such sale illegal and void was pending in Jan., 1898.
Stock,par ($100), $1,000,000f.p.; first mortgage 6s of 1890, $627,000.
STREET
Trustee, Farmers’ Loan & Trust Co,, New York. Embraces 27 miles of
track, of which 22 miles are steam, Denver to Ralston, and 5 trolley,
Denver to Barnum. Year 1896-7, gross, $30,338; net, $5,190, against
$5,978 in 1895-6. President, Samuel Newhouse.—V. 63, p. 228.
D E N V E R & W E S T M I N S T E R R Y .-T r o lle y road.
ORGANIZATION—Said to operate 18 miles of track. Stock, $1,000,000;
bonds, (1). President, H. J. Mayham; Secretary, J. Downing.
T H IR T Y -F O U R T H
AVENUE
R A IL W A Y .-
Road —Embraces 1*4 miles of track on 34th Street between Colorado
Boulevard and Stout St. “ Just pays expenses. No debt.” Operated
in interest of the N. D. C. Hill Land Co. President, J. Cook, Jr.
RAILWAYS.
35
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. The total outstanding bonded in
debtedness of the company on Jan. 1,1898, including the bonds of all
roads owned or controlled by it, was $7,000,000.
Road—Operates 95'25 miles of track.
EARNINGS—9 months,) 1898............ Gross, $«80,461; net, $433,545
Jan. 1 to Sept. 30. S 1«97............ Gross, 817,258; net, 396,596
Years ending Dec.31:
Gross.
Net.
Charges.
Bal.,sur.
$536,901
$350,000 $186,901
1897......................... $1,102,249
1896........................ 1,040,545
437,739
.................
1895........................ 1,055,465
338,712
240,625
98,087
OFFICERS—President, Tom. L. Johnson; Vice-President and Treasurer
J. C. Hutchins; Secy., A. E. Peters.—V. 63, p. 116; V. 64, p. 82.
D ER BY, CONN.
D E T R O I T E L E C T R I C R Y . —-See M a p page 36.
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 b y the
D E R B Y S T R E E T R A I L W A Y - A trolley road.
O rganizatio n —Chartered in April, 1888. Population of Derby and Common Council of Detroit and the Township Board of Springwells.
The new company was formed, it is understood, for the purpose o f
Ansonia together was 16,310 in 1890.
extending the charter rights to cover extensions outside the city.
-STOCK & B o n d s —
Date. Interest. Outstand’g. Maturity.
Stock, $250,000 ($25).................................... $150,000 ..............
The Detroit Electric, the Detroit Citizens’ and also the Fort Wayne
1st mortgage .....................
1894 6 A - O
150,000 Apr. 2,1914 & Belle Isle are owned by the Citizens’ Traction Co.
Other debt Oct. 1 ,1897................................
63,300 ........ .........
STOCK a n d Bo n d s .—
Date. Interest. Outstanding. Maturity.
Road —Owns road 5-89 miles in length and0'4mlleof switches.
Stock. $1,000,000 (p.$100) .......................
$1,000,000 ................
Detroit Railway—
A n n u a l R eport —Fiscal year ends Sept. 30.
»
lstM .,g. ($1,000),red.at( 1895
5g. J-D
1,800,000
1912-1924
For 9 months ending June 30,1898, gross, $35,487; net, $15,400 ;
103 on Dec. 1,1898, on < Trustee, Cleveland Trust Co.; interest paid
interest and taxes, $11,406. Earnings have been:
62 miles....... ........c*&r. ( in New York Citv.
Yearsend. Sept. 30. 1897.
1896. I
1897.
1896. Det. Elec. Con. M., $2,800.- ( 1896 5g. ,T-D * $1,000,000 June, 1916
Aver.milesoper.
6^4
6^4 |Interest p a id ....$11,653 $11,332
000, gold ($l,000).c.*&r. ( Cleveland Trust Co., trustee. As to Deo.,
£ r®
J 88............... $47,545 $55,852 |T axes.............. 2,375
2,043
1897, interest, see V. 65, p. 1219.
................... 17,074
12,7911Balance...........sr.3,046 def.584
S tock —Capital, $1 ,000,000, paid up; shares of $100 par value.
OFFICERS—Pres., H. Holton Wood, Derby; Treas., Chas. E. Clark
B onds —First mortgage bonds for $1,800,000 have been issued on 62
Sec., F. W. Wallace.
miles completed and equipped. Bonds numbered 1 to 600 mature in
order of numbers at $50,000 per annum, beginning Dec. 1, 1912
numbers 601 and above mature Deo. 1,1924. There is a sinking fund
for bonds numbered 1,801 and upward. In August, 1896, a consoli
P opulation 1890 was 50,093; in 1880 was 22,408;
dated mortgage for $2,800,000 was filed, bonds for $1,800,000 being
and in 1870 was 12,035.
reserved to retire the first mortgage bonds as they mature.
DES M O INES CITY R A IL W A Y -A trolley road.
R oad —System consists of two east and west cross-town lines, tw o
O r g anization —A consolidation in 1893.
belt lines and route connecting northwesterly central and northeastern
-STOCK & B onds — Miles. Date. Interest. Outstand’g. Maturity.
gSPOk................................... ................ .
$1,055,000 ................... portion of the city. Operates 62 miles of track with trolley.
LATEST Ear n in g s —9 months > 1898..Gross, $291,916; net, $94,998
Pf. stk,6 p.o.,non-cum................... ..........
250,000 ................
Jan. 1 to Sept. 30.
S1897..Gross, 294,861; net,
92,845
D. Mo. St. RR. IstM ., J 23 1889 6g.A-0
600,000 Oct. 1, 1899
gold, $1,000 each... \
($25,000 due yearly) to Oct. 1, 1919
Earning s —For year ending Deo. 31, 1897, gross, $394,213; net*
Dos Moines Sub. Rv f ^ 1890 6g .J -J
300,000
Jan., 1906 $128,410. In 1896, gross, $423,066; operating expenses and taxes,
1st mortgage gold i
($20,000 due yearly) to Jan., 1921
$i.non fiMh ’ *
) Interest at Chemical National Bank, N.Y. City. $286,477; net, $136,589; interest charges (including 6 months’ inter
’
.........
t Trustee, Iowa Loan & Trust, Des Moines.
est on consols), $115,000; bal., surplus for year, $21,589.
D. Mo. City Railway ( 35 1893 6g.M -N
305,000 May 1,1923
OFFICERS—President, Albert Pack; Vice-President and Treasurer,
consol, mortg., $2,-1 Infest at N. W. Harris, N. Y. City; also Chicago.
J. C. Hutchins; Secretary, A. E. Peters; Gen. Man., A. B. du Pon t.000.000, gold.........(Trustee, Illinois Trust <e Savings Bank.
t
Bonds—Of the consols sufficient are reserved to retire all prior bonds V. 63, p. 116, 402, 922; V. 64, p. 82; V. 65, p. 1219.
as they mature, and in February, 1895 (when $283,000 consols were
D E T R O I T L A K E S H O R E & M T. C L E M E N S
outstanding), it was understood that only about $50,000 remained
available for general purposes, the rest being reserved for extensions' R A I L W A Y —To be an electric road.
ORGANIZATION—Chartered in 1897. Road operated from Oct. 1,1898.
ROAD.—In November, 1897, was operating 39*9 miles of track on 31
STOCK & B onds —
Dale.
Interest. Outstand’g. Maturity.
miles of street. Extension to Valley Junction expected to be in oper Stock, $300,000 (par $ 1 0 0 ).................. .
$300,000
..............
ation during September, 1898.
Is tM ifiilfin onn
J 1897
6g—J.-J.
(1)
July 1,1927
MT^oo.uuu........... ^ int. at N . y . Sec. & Trust Co., N. Y., Trus.
i
ending Dec. 31.
Oross.
Over. exp.
Net.
i f 9? .......................................... $233,080
$154,783
$78,297 l 8
(Vl°o6(^ k $)38 f ’ *ToOO I 1898
•"g—M.-N.
(1)
May 2,1928
1 8 9 6 .......................................... 239,511
146,692
92,819
annually after l 902.^° ( Int' at N - Y - 8eo- & Tr. Co., N. Y., Trustee.
O fficers —P resident, J. S. Polk; Secretary, A. G. Maish; Treasurer
Of the 1st con. 5s $260,000 have been reserved to take up the 1st 6s.
and General Manager, Geo. B. Hippee; Superintendent, W. G. Owens.
Road . - Detroit to Mt. Clemens, 17 miles: traokage within Detroit
city limits over Detroit Citizens’ Ry., 8)2 m.; total operated, 25>2 m.
OFFICERS—President, Merrill B. Mills; Sec., Thomas N. Fordyce;
Treasurer, E. F. Ranney.
P o p u l a t i o n 1890 w a s 205,876; i n 1880 w a s 116,340;
AND i n 1870 W AS 79,577.
D E T R O I T & P O N T I A C R Y . —A trolley road.
O r g a n iz a t io n —Chartered in 1897; successor of Oakland Ry.
C H IC A G O D E TR O IT & TO LE D O R R .
ORGANIZATION—To be a trolley road. Incorporated April 23,1898»
First mortgage is for $500,000 of 5 per cent gold bonds of 1897, due
to build a line from Detroit south to Toledo, O., 60 miles. In June, Feb. 1 , 1922, (trustee, Washington Trust Co., New York), of which
1898, it was reported that the contracts had been let for the entire $300,000 for debts and the extension of its lines from the present
overhead and electrical construction. Stock, $500,000. Among the terminus at Birmingham, Oakland Co., Mich., to Pontiac, balance for
stockholders are John C. Schalter, George D. P. Robinson, T. S. Mor double track or enlarging power house, 2Ha miles. In Nov., 1898,
dant, D. E. Town, Chicago; Charles W. O’Brien, Leopold Freund and another company had been incorporated and was reported to be
Alex. E. Riepelle, of Detroit.
building an extension from Pontiac to Owosso. Office, Hammond
Building, Detroit.
CITIZEN S’ T R A C T IO N C o O r g a n iza tio n —Organized in 1»97, and controls all the street rarl
D E TR O IT Y P S IL A N T I & A N N A R B O R R e
way lines in the city, viz., the Detroit Citizens’ Street Ry., the Detroit
o r g a n iz a t io n —Organized in 1897 to build a road from Addison
Electric Ry. and the Detroit Fort Wayne & Belle Isle Ry.
Ave. in Springwells to the Michigan Central Depot in Ann Arbor.
Has trackage over Detroit Electric in Springwells and Detroit Citi
D E T R O I T C I T I Z E N S ’ S T R E E T R A I L W A Y . — zens in Detroit. In 1898 absorbed Ann Arbor & Ypsilanti El. Ry.
(See M a p on page 3 6 .)—A. trolley road.
STOCK & B onds —
Date. Interest. Outstanding.
Maturity
O r g a n iza t io n —Chartered in 1891 and absorbed the Detroit City Stock, com. ($400,000)...........................
$400,000
................ *
600,000
Nov. 1, 1917
Railway (incorporated May 9, 1863), the Grand River Street Railway 1st M. ($600,000),g.($500) 1897 6g.M -N
or $1,000 each).......... 5 Interest at Union Trust Co..Detroit, trustee.
and the Hamtframack & Grosse Point railway companies. Also owns
R o a d — Completed and operated to Ann Arbor June 1,1898, making
the entire capital stock of the Detroit Suburban Railway and Highland
Park Railway andoperates them under lease. Controlled by the total operated, 43 miles. President, James D. H a w k s ; Sec’y, F. A.
Hinchman. Office, Union Trust Building, Detroit.—V. 66, p. 336,1089.
Citizens’ Traction Co.
P o p u l a t io n 1890 w a s 5,969; in 1880 w a s 11,650:
AND IN 1870 WA8 8.020.'
DES
M O IN E S , I O W A .
D E T R O IT ,
MICH.
STOCK & B onds — Miles. Date. Interest. Outstand’g. Maturity.
Stock......................................................
$1,250,000 ..................
Detroit City Ry. bonds ....
1890 T J - J
T
1,000,000 Jan. 1,1900
If Interest 5 p. c., but 6 p. c. paid for option to retire before maturity
Grand River Ry. bond ....
1890 î J - . l
150,000 Jan. 1,1900
+ Interest 5 p. c., but 6 p. c. paid for option of retiring before maturity
DetroitCitizens’Street) ....
1891 5 A - 0
1,100,000 Oct. 1,1901
Mm $3,000,000...... STrustee, Washington Trust Co., N. Y. City.
1stCon.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 :—
Detroit Suburban Ry, ) ... 1892 5 M - N
275,000 Nov. 1,1902
1st M. $400.000......( Trustee, Union Trust Co., Detroit.
Highland Park R y . . . . ) . . . .
1893 5 J - J
140,000 Jan. 1,1908
1st M. $250,000......5 Trustee, Union Trust Co., Detroit.
D E TR O IT
PLYM OUTH
&. N O R T H V IL L E
R Y . —To be a trolley road. Chartered in 1898 to build an eleotrio
road from Detroit through Wayne (there connecting with the Det. Y.
& Ann Arbor Ry.) and other towns and villages in Wayne County.
Wayne to Northville, 15 miles, expected to be operated in Dec., 1898.
STOCK AND B onds —
Date. Interest. Outst’ng. maturity.
Stock, $150,000...........
............
Jan.
150,000
..........
1st M., gold. $150,000 ($10011898 6 g. M.-N.
(?) May 1.1918
and $500 each) s f. an’ly.*..o ( Int. at Union Tr. Co., Detroit, Trus.
No bonds had been issued Nov. 1,1898.
OFFICERS—Pres., Chas. W. Casgrain; Treas., John A. Russell; Seo.,
H. P. Wickham.—V. 67, p. 274.
STREET
RAILWAYS
STREET
D E TR O IT F O R T W A Y N E & B E L L E I S L E ORGANIZATION—Successor in 1898 to the Fort Wayne < Belle Isle.
fe
‘Controlled by Citizens’ Traction Co.
STOCK & Bonds —
'Date.
Interest. Outstanding. Maturitg
‘Stock, par $100......................................... $1,200,000 .............
F. W. & B. 1.1st mortg.,) 1892 6g. A -O
345,000 Oct. 1,1902
gold ($400,000) ...... o 5
Subject to call at par after Oct. 1,1897
1st M., g., $1 ,200,000..c 1898 5g. A -O
855,000 Apr. 1,1927
New mortgage (N.Y. Security < Trust Co., trustee), is for $1,200,000,
fe
-of which $345,000 to retire old 1st 6s, subject to call. V. 66, p. 856.
Road —25 miles of trolley track.
LATEST E arnings —9 months,) 1898..Gross, $135,997; net, $54,729
Jan. 1 to Sept. 30—
v 1897..Gross, 128,225; net, 48,300
■EARNINGS—For the year 1897 gross, $174,289; net, $67,473.
■OFFICERS—President, J. C. Hutchins; Sec’y, A .E . Peters. V. 66,p. 856.
T H E R A P I D R A I L W A Y . - A trolley road.
ORGANIZATION—Chartered March 1,1894. Constructed and equipped
•on steam railroad standard for purpose of making high speed. By
agreement between this company and the Citizens’ Street Railway
Company, through cars are run between Mt. Clemens and the business
centre of Detroit. Road was opened for business July 14,1895. In
1898 the Rapid Railroad was organized to build an extension from Mt.
Clemens to Port Huron, Mich., 40 miles. See statement of that com
pany below.
STOCK & B onds —
Date. Interest.
Outstanding. Maturity.
Stock, par $100......................................
$250,000 f.p.............. .
1st mortgage, $300,000, S1895
5 g. M-S
300,000
Mar. 1,1915
gold ($1,000).......... o* XInt. at Finance Co. of Penna., Phila., Trustee.
Consolidated mortgage, J1896
5 M -N
See text.......................
$600,000................... \ Int. at Finance Co. of Penna., Phila., Trustee.
The first mortgage covers the entire property and franchises, in
cluding fire-proof power and car houses. Of the consol, mortgage
bonds of 1896, $300,000 are reserved to take up the firsts, and the
■balance is being issued for extensions and improvements.
Road —D etroit to Mt. Clemens, Mich., 19 miles of track.
EARNINGS—For year ending Aug. 31,1896, gross, $70,172; net, $33,•542; interest, $15,000; balance, surplus, $18,542.
President, Cornelius J. Reilly; Treas., Charles M. Swift.—Y. 63, p. 602
R A P ID R A IL R O A D —To be a trolley road.
O r g a n iza t io n .—Incorporated in 1898 to build an extension of the
Rapid Railway from Mt. Clemens to Port Huron, Mich., 40 miles, via
St. Clair Flats, Algonac, Marine City and St. Clair. The connection
with St. Clair Flats, a favorite summer resort, now accessible only
■by boat, will be by bridge and embankment across Anchor Bay, for
which the U. S. W ar Department has issued a permit. In April, 1898,
'it was reported that a large part of the right of w ay had been secured
and that the bridge was to be completed by the autumn of 1898, and the
road probably ready for operation in about a year. It was also stated
that the stock ot the two companies would be amalgamated and the
properties run under one management. Capital stock, $1,000,000.
OFFICERS—President, C. J. Reilly; Treasurer, Charles M. Swift.
W Y A N D O T T E & D E T R O IT R IV E R R Y Ro a d , S ecurities , Et c .—Trolley, lO 1 miles of track. Stook auth
*;
orized, $250,000; issued to Dec. 31, 1897, $200,000; bonds, $200,000.
For year ending Dec. 31,1895, gross, $35,407; net, $12,725.
OFFICERS—President, Chas. M. S w ift; Secretary & Treasurer, R. J.
McKinney; General Manager and Pur. Agent, S. Hendrie.
D IG H T O N , M A SS.
P o pulatio n
in 1890 w as 1,889; in 1880 w as 1,791;
and in 1870 w as 1.817.
DIGH TON SO M ER SET & S W A N S E A
S T R E E T R A I L W A Y . —A trolley road.
STOCK & B onds —
Date. Interest. Outstand'g
Last Div
Stock, $175,000 (par $100)......................... $175,000 1896-97 5 p.c.
1st M.,$125,OoO, gold,s.f.,) 1896 5 g. J-D
125,000 Deo. 1,1915
($1,000), red. 105 after >Interest at International Trust Co., Boston,
June 1,1901.............. r ) Trustee. Sinking fund is $3,000 a year.
On June 30,1897, loans and bills payable were $37,236.
Owns 12% miles of traok and has trackage lights over 4 miles.
Gross earnings for year ending September 30, 1897, $64,665; net,
$15,682; income from park, $4,390; other, $40; charges, interest,
$11,207; taxes, $2,049; maintenance of park, $8,796; dividends, $6,250; deficit for year, $8,190.
D O V E R , N. H.
P o pulatio n 1890 w as 12,790; in 1880
AND IN 1870 w as 9,294.
w as 11,687;
U N I O N E L E C T R I C R Y . - A trolley road.
ORGANIZATION—A reorganization in February, 1897, of the Union
■Street Ry., sold in foreclosure in July, 1896.
STOCK & B onds —
Date. Interest. Outstanding.
Maturity.
«took, $100,000 .....................................
$100,000
............. .
1st M., $100,000, gold.. 1897
5 g. •
50,000 Feb. 15,1917
R oad —Owns road 8 miles long, parallelling a steam road and con.
necting Dover with Somersworth. For year ending June 30,1898, gross
earnings, $34,846. President, Sumner Wallace; Treasurer, Harry
Hough. —V. 62, p. 1140.
D U B U Q U E , IO W A .
P o pulatio n 1890
w as 30,311; in 1880 w as 22,254;
and in 1870 w as 18,434.
D U B U Q U E L IG H T & T R A C T IO N C O O r g a n iz a t io n — On December 1,1894, placed in hands of receivers,
but in November 1898, the property had not been sold, stock, $600,000, (par $100); 1st mort. 6s of 1893, $385,000, in default. Trustee,
Old Colony Trust Co., Boston.
«.eceiVi-r, Horace Torbert.
RAILWAYS,
Road —Operates lO 1 miles of track in the city of Dubuque, Iowa,
^
extending to West Dubuque and to Stewart Park.
DUBUQUE
S T R E E T R A I L W A Y —A trolley road
O rganization —I ncorporated April 25,1890.
S tock & Bonds —
Date. Interest. Outstand'g.
Maturity
Stock, $500,000............................................. $375.000
.............
1st con. M.for $250,000,gold.o* 1891 6g.‘j - J Feb.’98,none Jn.1,1911
Trustee, 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.
D U L U T H , M IN N .
P o pulatio n 1890 w as 33,115; in 1880
AND in 1870 w as 3,131.
w as 3,483;
D U L U T H S T R E E T R A I L W A Y - A trolley road.
O r ganization —Organized under act of Minnesota approved Nov. 17
1881, and possesses “ an exclusive franchise,” doing the entire street
railway traffic of the city. Thomson-Houston system. 601b. T and 45
lb. girder rails. The Duluth St. Ry. has the right to purchase the
Lakeside St. Ry. (which is now operated) at any time for cost. Popula
tion in 1895, by local census, was over 60,000. The Duluth-Superior
Bridge at West Superior is used by the railway, but is a separate cor poratioh, and has issued first mortgage bonds for $650,000 and seoond
mortgage bonds for $300,000—see bridge items, V. 63, p. 310, 504.
STOCK & B onds —
Date. Interest. Outstand'g. Maturity-i
Capital stook.............................................. *2,000,000 ..................
July, 1898, int. in default.
1st consol, mortgage............ 1890 6 J-J
100,000 Jan. 1, 1920
51890 5 J-J
900,000 Jan. 1, 1920
.......... < July, 1898, interest in default.
1,039,000 July 1,1924
Consol, mortgage, gold......) 1894 5 g J-J
$2,500,000 ($l,000)....o* 5Jan., 1898, int. in default.
The consol, mortgage of 1894 is for $2,500,000, of which $1,000,000
reserved for prior liens and $500,000 held in trust for future better
ments and extensions.
RECEIVER—In July, 1898, President L. Mendenhall was appointed
receiver preparatory, it was said, to reorganization. V. 67, p. 73.
ROAD—S y s t e m .—The system embraces 28‘84 miles of single traok
surface and 1*8 miles elevated incline road; whole road is doubletracked; also operates 13*4 miles (see below) for land companies. See
Duluth-Superior Bridge items, V. 63, p. 310, 504. Operated for land
companies: Lakeside St. Ry., 7‘44 miles o f traok, and Motor Line
Improvement Co., 5‘96 miles of traok.
L a t e s t Earnings , 3 mos.,> 1898........Gross, $59,857; net, $30,484
July 1 to aept. 30.
51897........ Gross, 53,539; net, 28,083
July l to June 30.
£1895-6 .....Gross, 219,927; net, 120,865
OFFICERS—President, L. Mendenhall; Secretary and Treasurer, T. W.
Hoopes; Gen. Manager and Purchasing Agent, H. Warren. V. 66, p. 73.
M I N N E S O T A P O I N T S T R E E T R Y .—Horse road.
ORGANIZATION—Chartered in 1887; franchise runs till 1937, with
exclusive rights on Minnesota Point, 6 miles. In April, 1897, the
company made an assignment to Paul Sharvy, being unable to pay a
note of $6,700. Stock, $51,000 paid in full and $6,720 of 40 per cent
paid. No mortgages, but a small floating debt. Owns 3% miles of
single track and *2 mile of sidings; 24 lb.T rails; 16 horses.
M O T O R L I N E I M P R O V E M E N T . - A trolley road
O r g anization —Chartered in 1890 for 30 years as a real estate com
pany and only uses its road, which is operated by the Duluth Street
Railway Company on a mileage basis, to reach its property.
S tock —H as an authorized capital of $300,000; par, $100, of which
$150,000, full paid, is outstanding. First mortgage 7s of 1892, gold
o*; authorized $200,000 ; issued $192,000. Interest is in default and
mortgage has been foreclosed. Bonds cover road and 4,000 acres
of land. Trustee, A. B. Macfarlane. R o ad —Owned 5‘96 miles of track.
OFFICERS—President, G. G. Hartley; Vice-President, J. D. Stryker
Secretary, T. W. Hoopes; Treasurer. A. R. Macfarlane.
EAST
L IV E R P O O L ,
P o pulatio n 1890 w as 10,956; 1880
AND in 1870 w as 2.105.
O H IO .
w as 5,568;
E A S T L I V E R P O O L R A I L W A Y . - A trolley road
O r g a n iz a t io n .—A reorganization in May, 1897, of the East Liver
pool & Wellsville Street RR., sold by sheriff. In 1898 population of
E ast Liverpool was said to be 14,000 and of Wellsville 7,000.
STOCK & B onds .—
Date Interest. Outstand'g.
Maturity.
Stock, $300.000 .......................................... *300 000
.......... .
lstM.,g.,$150,000 ($500 ea.) < ...... 5g. J -D
150.000
1917
Not subject to call.
} Int. at Boston SafeDep.&Tr.Co.,Trustee.
2d (income) M., $150,000.... ( ...... 5g. Sept. $150,000
1917
($500 each.)
( Int.at Boston Safe Dep.<fc Tr.Co.,Trustee.
ROAD—Operates 9% miles of track. Pres , John B. Hoefgen.—V. 64,
p. 287.
E A S T ST. LO U IS, ILL.
P o pulatio n
in 1890 w as 15,169; in 1880
and in 1870 was 5,644.
was 9,185;
E A S T ST. L O U I S E L E C T R I C S T R E E T R R .
STOCK & BONDS—
Date. Interest. Outstanding.
Maturity.
Stock paid in in 1894......................... .
$336,000
.................
1st M *150 000 sold
J 1891 6 g. A -O
$150,000
Apr. 1,1906
ist M., *150,000, goia... 2
Sub.to call since Apr. 1,1896
Consol. M. $500,000, g.. 1893 6 g. F -A
140,000
Aug. 1,1908
Interest on both loans is payable at Mississippi Valley Trust Co.,
trustee of both mortgages, St. Louis.
Ronds—Of the consols $150,000 are reserved to be issued on retire
ment of first mortgage.
STREET
RAILWAYS.
E L M IR A , N. Y .
Road —Said to operate 14 miles of track. Operated from March 1,
1897, by the Terminal RR. Assn, of St. Louis, which purchased the
P o pulatio n 1890 w as 29,708; in 1880 w a s 20,541;
entire capital stock for $210,000.
and in 1870 w as 15,863.
OFFICERS (N ov., 1898)—President, Julius S. Walsh; Vice-President,
E L M I R A & H O R S E H E A D S R Y . - M o s t l y trolley.
E. P. Bryan; Secretary, C. K. Walsh; Treasurer, P. O. Daab. Directors >
ORGANIZAT ON—In 1892 the entire oapital stock was purchased byJulius S. Walsh, E. P. Bryan, C. K. D. Walsh. H. D. Sexton, F. C. Daab
the Elmira Municipal Improvement Company, and was pledged by it
James Hanna and O. T. Jones.
along with stock of electric light, etc., companies to secure a 5 per
cent consolidated mortgage for $1,800,000 maturing April 1,1942, in
M I S S I S S I P P I V A L L E Y R Y - T o be a trolley road.
terest payable A. < O. The mortgage is a first lien on the Interfc
O r ganizatio n —I ncorporated in 1898 to build two lines from East
State Fair real estate, etc., but as to the other companies it is simply a
St. Louis through Venice, Madison, Granite City and East Alton to
lien upon their stock. In 1895 three coupons maturing Oct. 1,1893, anff
Alton, 111., aud from East St. Louis through Collinsville and EdwardsApril 1 and Oct. 1,1894, of the Improvement Company were funded'
ville to Alton, in all 20 miles. Construction work is proposed to be
and the April, 1895, coupon was paid in August, 1895. October, 1895,
begun about Feb. 1,1899. President, Charles E. Carroll; Vice-Pres’t,
and since not paid. The Improvement Company operates the g a s
John A. Mehling, Sec. and Treas’r, August Holthaus, St. Louis, Mo.
works, electric-light plant and water-works in Elmira, and is controlled
by the Mutual Life Insurance Co., N. Y. V. 61, p. 749.
R e ceiver sh ip —Foreclosur e S uit —in December, 1897, the .Guar
anty Trust Co., N. Y., brought suit to foreclose the $1.800,000 mort
P o pu latio n 1890 w as 14,481; in 1880 w as 11,924;
gage of 1942, of which $1,462,000 bonds were outstanding, and H. A.
and in 1870 w as 10,988.
Murray, Treas. & Secy, of Guaranty Trust, was made receiver of ths
E A S T O N T R A N S I T —A trolley road.
Improvement Co.— V. 65, p. 1071.
ORGANIZATION—Chartered June 30, 1892. Franchise is perpetual
STOCK-— Stock of Elmira & Horseheads Ry. is $400,000 (par $100).
and gives exclusive rights to operate street railway in city. The Penn
ROAD— Owns 11*14 miles. Leases 4-58 miles. Total operated, 15%.
sylvania Motor Co. and Easton & Bethlehem Transit are leased for
miles. A ll trolley except % mile of horse road.
$3,600 each yearly, being interest on their bonds.
E arnings —F or years ending June 30:
STOCK & BONDS— Miles. Date. Interest. Outsland’g. Last Div.,£c
Gross.
Net.
Other income. Taxes.
Balance.
Stock,par,$ 5 0.......................................... $300,000
See text.
1896-97...... $62,223
def. $14,766
$6,587
$3,*84 def.$12,064
1st mnrt, $300 OOO ( 11*9 1892 5 A -0
300,000
1922
1895-96....... 68,435
def. *16,375
5,058
2,505 def.13,822
1Bt D
J2^ » . r«'500 o.X *
i§
.40q,000, )>
Subject to can at 103 ana int. m 1897
to call at iu3 and int. in
a $200A
rr
BUDjoci
g.^juu&^ouu.o&r ^ Intere8t payable at Easton Trust Co.. Trustee.
.* N ote —In 1895-96 $18,338 was spent in reconstruction of road
A -O
16,000
.......... .
Deben., $150,000.........................
and charged to operating expenses.
Leased Lines—
OFFICERS—President, George W. Young; Secretary and Treasurer, JPa. Motor Co. 1st M.,
3 1887 6 A -0
60,000
1947
Easton & Bethlehem >
„
or. nrtr.
M. Diven; Gen. Man. and Purch. Agent, J. B. Cahoon.—V. 65, p. 1071.
Transit Co. Bonds s .................. b
60,000
On June 30,1897, loans payable were $89,000.
W E S T S I D E R A I L R O A D . —A trolley road.
Dividends—For 1895-96, 3 p. c.; for 1896-97, 3 p. c.
ORGANIZATION— Chartered J u ly 29,1891, and in 1896 c o n s o lid a te d
ROAD—Iu February, 1898, track 26 miles, including:
with the East Side Railroad Co.
Miles. I Leased Lines—
STOCK & B onds —
Date. Interest. Outstand'a.
Maturity.
Miles'
Track pwned in fee................ 9 |Pennsylvania M otor.......... .
3
Stock, $300,000 ($100).................................. $105,000
Entire stock owned:
i Easton & Bethlehem Transit. 3
1st mortgage, g., $300,000.. 1894 | g.A -0
5 I g
300,000 Oct. 1, 1914
Phillips., N.J.,Horse Car Co. 2*2 |Weygadt Mt. R R ................. 2
S tock increased authorized in
E arning s , year ending June 30—
For year ending June 30,1897, gross, $124,072; net, $42,460; taxes
1894 from $100,000 to $300,000.
1897.
1896.
Road —8\5 miles of single track Gross..................$56,421 $63,998
$2,333; interest, $20,630; rentals, etc., $8,711; dividends, $9,000.
and 0*92 mile sidings, etc.
Net.................... 15,443 21,353
OFFICERS—President, Howard Rinek; Secretary and Treasurer, A.
OFFICERS—Pres’t, C. M. Tomp Charges.............. 17,322 16,914
D. Chidsey; General Superintendent, A. C. Rodenbough.
kins; Sec. & Treas., H. H. Hallock. Balance.............def.1,879 sr.4,439
EASTON, PA.
EASTON PA LM ER & B ETH LEH EM E L E C
TR IC R e
o r g a n iza t io n —Chartered
in 1898 Trolley line extending from
Easton via Butztown, Farmersville and Altonah, opened Nov. 10,
1898. President, W. B. Ferguson, Boston. Mass.; Treas., Charles E.
Barnes, Plymouth, Mass.
ERIE, P A ,
P opulation 1890 WAS 40,634;
in 1880 WAS 27,737";
and in 1870 w as 19,646.
E R IE E L E C T R IC M OTOR C O -
O rganization Chartered October 8,1888. 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., Jan. 30,1897, $140,824.
P o pulation 1890 w as 17,415; in 1880 w as 10,119;
STOCK & B onds — Miles. Date. Interest. OutsVdina. Maturity*
and in 1870 w as 2,293.
Stock ($700,000) ($100)..............................$700,000 f.p. .........
V .
C H I P P E W A V A L L E Y E L E C T R I C R Y .—
1stmort’ge ($200,000) > .... 1889 6g. J - J 200,000
Jan. 1, io i© ’
O r ganization —Successor in 1897 to the Eau Claire Street Ry. L. & p
($1,000), gold....... c. 5 Interest at Cent. Trust Co., trustee, N. Y. City.
Jan. 1,1919'
Co. sold in foreclosure.
Owns trolley road Eau Claire to Chippewa 2d mort’ge ($150,000);.... 1889 6g. J - J $150,000
($1,000), gold....... 0.5 Interest at Cent. Trust Co., trustee, N. Y . City.
Falls, Wis., 12 miles; about 20 miles of track. Road opened Sept. 2 Erie City Pass’gr Ry.—
1898. Stock, $200,000; 1st mortgage, $200,000; 6 per cent, due May
Stock (rental 6' p. o.) ............... 6 p. 0. $100,000
1st mortgage.............................
6 A -O
25,000
Oct. 1, 1918
1» 1917; Massachusetts Loan & Trust Company, trustee.
Bonds—The bonds are not subject to call before maturity.
President, C. E. Kelsey, Eau Claire, Wis.; Vice-Pres’t, W. C. Donavan
ROAD—In February, 1897, was operating 21 miles of track on 18 m ller
Eau Claire; Secretary and Treasurer, A. E. Appleyard, Boston, Mass.'
of street, and holds perpetual trackage rights in all the city streets.
E a r n in g s —Jan. 1 to Sept. 30,1898, gros«, $109,823, against $106,"
841 in 1897.
P o pulatio n 1890 was 17,823; in 1880 w as 8,787;
A n n u a l R eport —F or year ending June 30, 1897, gross, $145,208?
and in 1870 5,441.
net, $35,391; interest and taxes, $34,553; balance, surplus,
E L G I N C I T Y C A R P E N T E R S V I L L E & A U $838. Fiscal year ends December 31, and in 1896 gross,
R O R A R A I L W A Y . — trolley road. Also owns an electric- $150,502; net, $30,624; other income, $1,099; interest charges, $29,A
light plant. Population of Elgin (school census) 1896 was 22,000.
000; taxes, $1,608; balance, def. for year, $1,083. In 1895, gross, $150,
O r g an izatio n , E t c .—A consolidation in 1897 of the Elgin City Ry
298; net, $13,000; other income, $263; interest, rentals, etc., $30,678;
and the Carpentersville Elgin & Aurora Ry.
balance, deficit, $17,415.
S tock & B onds —
Miles. Date. Interest. Outstand’a Din etr
OFFICERS—President, J. S. Casement, Painesville, O; Secretary and.
Stock ($500,000 author’d ) ....... ....................... $500,000' 6% in *97
Treasurer, J. L. Sternberg, "Erie. Office, 202 State St.
Elgin City Ry. 1st M ort.. \
5 F ~ K .22 ° ’000
1907
„ t, . . . .
.
XInterest at Farmers’ L.& T. Co., N. Y. Citv
E R I E R A P ID T R A N S IT S T R E E T R Y .-T o b e a
C. E. &A. 1st mortgage........................................
100,000
^
Dividends—Old companies each in 1895 paid 6 p. o.; in 1896, e'p.'c" trolley road. Incorporated in June, 1898, to build 20 miles of electric
road in Erie. In November, 1898, no franchises had yet been obtained..
New company in 1897, 6 p. c.
ROAD—Owns 12 miles of traok in Elgin (40 and 45-lb. T and girder Incorporators are: President, Wm. E. Hayes; John W. Little, Bennett,
rails), and 18 miles to Dundee, Coleman, Geneva, etc. (60 and 65 lb. T A. Stewart, Edson T. Moore and Henry C. Yard, all of Erie.
E A U C L A IR E , W I S .
E L G IN , ILL.
ra ils ); total traok, 30 miles. President, William Grote; Secretary,
A. B. Church; Treasurer, E. D. Waldron.
E L IZ A B E T H , N. J.
P o pulatio n 1890 w as 37,764;
in 1880 w as 28,229;
and in 1870 w as 20,832.
E L I Z A B E T H S T R E E T R A I L W A Y —A horse road.
ORGANIZATION—It has been proposed to substitute trolley for horse
pqwer. Stock Jan. 1, 1898, $50,000; unfunded debt, $45,241; total
cost of road and equipment, $94,268. Owns 3*2 miles of track. In
September, 1898, paid $250,000 for a franchise along Westfield Ave.,
(which is to be widened so as to permit of the operation of the trolley
road), to Plainfield, the new line, * 2 miles, to be equipped electrically
and connected with the present Elizabeth system, which is to be con
verted into a trolley line, provided proper terms can be arranged. V*
67, p. 370. In year 1897 gross earnings, $11,061; expenses, $19,331;
balance, delcit for year, $8,?69. In 1896, gross, $16,300. Treasurer,’
E dward C. Woodruff.
E S C A N A B A , M ICH.
P o pulatio n 1890
w a s 6,808; in 1880 w a s 3,860;
and in 1870 w a s 1,370.
ESCANABA
E L E C T R IC
RY -
O rg anizatio n , Et c .—A reorganization in 1898 of the Esc. Elec. St.
Ry. Improvements will be made and also connection at Wells with
the Soo lines. Extension is also proposed to Gladstone. Owns 4 milesof track. Stock, $50,000; all paid in. No bonds. For the year ending
Dec. 31,1895 (old company), gross, $5,070; def. under operating, $494..
In 1894, gross earnings, $5,283; deficit, $1,786. President and Man.*.
A. R. Moore; Secretary, I. C. Jennings; Treasarer, Edward Erickson.
E V A N S V I L L E , IND.
P o pulatio n 1890
w as 50,756; in 1880 w as 29,280;
and in 1870 w as 21,830.
E V A N S V IL L E
STREET
R R . - A trolley ro a d .
O r ganizatio n —Chartered in May, 1866.
STREET
STOCK & B o n d s — Miles. Dale. Interest. Outstand’g. Maturity.
Stock..........................................................
$500,000 ...................
1st M., $1,000,000, < 271 1802 6g. J -J abt.850,000 Jan. 1,1922
e
go ld ....................\ Interest at Chemical National Bank, N. Y. City.
Road —I n February, 1897, owned 2 7 ^ miles of trolley track. Bails 56
■and 60 lbs. Westinghouse system.
OFFICERS—Treasurer, Thos. 8. Krutz. Mills Building, New York City.
E X E T E R , N. H.
P o p u l a t io n 1890 w a s 4,284; in 1880 w a s 3,569.
E X E T E R S T R E E T R A I L W A Y - —A trolley road.
.
Operated since about August, 1897. In October, 1898, $50,000 new
stock was authorized for track extension; also a 10 years* lease of
the Hampton & Amesbury By., expected to be completed to Newbury_£>ort in December. 1898, and in 1899 to be extended 4 miles to Ames
bury. In Nov., 1898, extention from Exeter to Epping, N. H., 7 miles,
■and Hampton Beach to Bye reported to be proposed. President, W il
liam Lee; C. E. Hollander, Treas., Boston.
F A IR H A V E N ,
W ASH
N O R T H E R N R Y . & IM P R O V E M E N T C O ORQANIZATION—In April, 1898, the Northern By. & Improvement
•Co. became the owner of the Fairhaven & New Whatcom Bailway,
which was sold at auction in April, 1897. Stock, $200,000. Bonds, au
thorized, $200,000; issued, $80,000. Old Colony Trust Co., Boston
Trustee. V. 66, p. 810.
Road —Operates 18 ^ miles of trolley track, including 3 miles leased
from the Bellingham Bay Electric Bailway Co. President, S. Z. Mit
chell; Sec. and Treas., C. N. Huggins.—Y. 66, p. 810.
FALL
R IV E R , M A S S .
P o p u l a t i o n 1890 WAS 74,398;'
in
1880
w as
48,961;
AND IN 1870 WAS 26.766.
P opulation
in 1896 said to be 97.318.
G L O B E S T R E E T R A I L W A Y —A trolley road.
39
RAILAYA^S.
O r g a n iz a t io n —Opened to traffic August 27,1892.
Stock, $75,000, par $100..$75,000 0001 to receive same dividends as
■
1st mortgage 6s, M & N...... 75.000 Citizens.
E arn ings— Year ending June 30.
(Due 1912, optional after 1897.)
1897.
1896.
Leased Line—
G ro ss.............. $35,975
$38,409
Fishkill Elec. 1st M., 6 s, ) *
15,812
of 1895, due 1915....... £$4 u,uuu Net.................. 11,330
Charges...........
9,063
9,905
Road—Owns 3 miles of single
Dividends.......
none
3,125
and -25 miles of second track.
Balance.........sur.2,267 sur 2,782
Also operates Fishkill Electric
By., 4 mues; Fishkill stock ($50,O fficers — P resident, John T. Smith: Secretary, S. K. Phillips
Treasurer, W. H. Southard.
F IT C H B U R G , M A SS .
P o pulatio n 1890 w as 22,037; in 1880 w as 12.429;
and IN 1870 w as 11.260.
F IT C H B U R G
& L E O M IN S T E R
R A I L W A Y —A trolley road.
STREET
O r ganization —Chartered in 1886. Boad extends to Leominster
and Lunenburg.
STOCK, B onds E t c .—
Date. Interest. Outstand’g.
Last div.
Stk.(au., $500,000; par, $100) .......
8 p. 0. $250,000
See earns.
1st mort. ($500) c., $150,000. 1897
5 A -O 150,000 Apr. 1,1917
25,000
.........
Loans and bills payable Sept. 30,1897..........
The old mortgage of 1890 has been canceled and the mortgage of
1897 is a first lien on the road.
DIVIDENDS—In year 1894-5 8 p. c.; in 1895-6, 8 p. c.; in 1896-7, 8 p. o
ROAD—Owns 18'91 miles of track, including 2’12 miles of sidings.
EARNINGS—For years ending Sept. 30 :
1897.
1896. I
1897.
1896.
Gross..............$133,770 $128,186 |Dividends paid. .$20,000 $20,000
Net.................
50,100
37,909 Bal., sur. for year 5,559
7,247
Int., taxes,etc.. 24,541
10,662 |Tot.sur. Sept.30. 15,289
14,732
OFFICERS—President, H. A. Willis; Vice-President, H. I. Wallace;
Clerk and Counsel, C. F. B ak er; Treasurer, B. N. W allis; Superintend
ent and Purchasing Agent, W. W. Sargent.
F O R T S M IT H , A R K .
ORGANIZATION—Incorporated April 16, 1880; in 1898 purchased
P o pulatio n 1890 w as 11,311; in 1880 w as 3,099;
the Fall Biver Street By., 2 \ miles.
and in 1870 w as 2,227.
STOCK & B onds —
Date.
Interest. Outstand’g.
Maturity.
Stock, $100 p a r .........._........
See text
$700,000
See text.
FT. S M IT H T R A C T IO N , L IG H T & P O W E R —
1st M 47^0 non (rnia ) 1892 5g. A —
O
750,000
April 1,1912
Organization —Incorporated in November, 1898, by Alfred N.
41 nncflanh
’
„* > Redeemable at 105 and int.after April 1,1902.
$1,000 each..........o $Int is payable by trUs., Mass. L. & T. Co., Bost. Sicard, E lla E. Sicard, Bichard C. Kern, Charles H. Smith, J. E. Foster,
Debentures,g. ($1,000).c 1892 5g. J - J
550,000
July 1,1912 Joseph M. Hill and James Brizzolara, to take over the Fort Smith
Debentures,g. ($l,000).o 1894 5g.
M-S
125,000
Mar. 1,1910 Street By. and transform it into an eleotrio system to be operated
Interest on debentures is payable in New York at N. Y. Security & in conjunction with an electric-light plant. The capital stock is $200,'Trust Co. Loans and bills payable Sept. 30,1898, $55,255.
000, of which $100.000 has been subscribed and paid up.
Dividend—In 1894-95 paid 2 p. c.; 1895-96 paid 3 p. o.; 1896-7,
2 p. o.; in 1897-8, none.
F O R T S M IT H S T R E E T R A I L W A Y .—
O rganization —See preceding company.
R o a d —Oot. 30,1898, owned main track 20*2 miles; second track
STOCK & B onds —
Date. Interest. Outstand’g.
Maturity.
8 1 ; sidings, 2; total track, 31 mileb. Connects with the Dartmouth
*
& Westport for New Bedford, Newport & Fall Biver for Newport, and Stock, $150,000 (par $25).......................... $150,000 60 p. 0. paid.
1st Mort., subject to call ) 1888 7 M_s
30,000
Mar. 1,1908
with the Dighton Somerset & 8 wansea for Taunton.
at par after 1898..........5
A n n u a l R eport —For years ending Sept. 30 earnings w e r e :
Road —Operates 8‘44 miles of track on 7*e miles of street.
1897.
1898. I
1897.
1898.
•Gross earnings.$312,035 $318,339 I Dividends....... $13,000
none
Net earnings... 100,5 <5 119,009 I Balance, surp..
*,323 $39,596
Int., taxes, &c.. 79,212
79,414 |Tot. sur.Sept.30 17,646
*17,241
P o pulatio n 1890 w as 35,393; in 1880 w as 26,880
$40,000 depreciation charged off in 1897-8.
and in 1870 w as 17,718.
GENERAL BALANÇE SHEET SEPT. 30, 1898.
FT. W A Y N E C O N S O L ID A T E D R A I L W A Y —
Liabilities.
Construction............... $1,62 2,483 Stock........................... $700,000 A trolley road.
ORGANIZATION— Organized in December, 1895, and acquired the
Equipment..................
338,382 Funded debt..... : ........ 1,425,000
Other property...........
233,81* Unfunded debt, etc.....
70,927 Fort Wayne Electric By., which included the old Citizens’ Street By.
Cash and current assets
18,485 Profit and loss.............
17,241 and Fort Wayne Street By., and also acquired the C. L. Centlivre
Total........................ $2,213,168
Total.........................$2,213,168 Street Bail way. In the spring of 1896 purchased a 236 acre park, 6
OFFICERS— Pres, and Gen. Man., B. S. G o ff; Sec., M. G. B. S w ift; miles from city, and built a double-track road to it from the city. In
1898 population was said to be 50,000.
Treas., H. H. Bead. Office. 794 North Main St.—V. 65, p. 1022.
R eorganization —On Sept. 8, 1896, J. H. Bass and M. S. Bobison
were appointed receivers. Mr. Bobison resigned in Dec., 1897. In
terest due Nov. 1, 1896, on both mortgages unpaid. In November,
P o pulatio n 1890 w as 18,553 ; in 1880 w as 5,553 ;
1898, trial had been had, but no decree entered under either mortgage
and in 1870 w as 4,073.
B L A N C H A R D
A V E . P A S S E N G E R R Y . and a motion was pending for a new trial.
STOCK & Bonds —
Date. Interest. Outstand’g.
Maturity.
S tock & B onds
Date. Interest. Outstand’g. Maturity.
Stock (par, $100)....................................... $2,000,000 ..................
.Stock.........................................................
“
(?)
............. .
Ft.W.Eleo.lstM.,$600,000. 1892 6g. M -N
(?)
May 1,1922
1st M., $60,000 gold.......... 1892 6 g, (x) J-J $40,000 July 1,1912
Ft.W.con.M..$l,500.000,g. > 1895 5g. M -N
(?)
Nov. 1,1985
x Interest is paid free of tax.
($l,000)not sub.to call.o*) May, 1896, coupon last paid.
Interest is payable at the Girard Life Insurance Annuity & Trust
Trustees are Guardian Trust Co., Cleveland, Ohio, and S. B. Bond.
Company, Philadelphia, the mortgage trustee.
ROAD—Operates 31 miles of track.
OFFICERS— President, resigned; Vice-President, J. H. Bass; Treas
F I N D L A Y S T R E E T R Y - A trolley and horse railway.
urer and General Manager, A. L. Scott; Secretary, J. M. Barrett. V .
ORGANIZATION—Chartered in September, 1887. Grants are for 25
61, p. 966.1107;V 63, p. 458; V. 67, p. 125.
years from 1887—rates of fare embodied in ordinance, 5 cents. Council
reserved right to charge $5 per annum per car operated. Has no
paving to do, but must keep portion between rails in repair so long as
P opulation 1890 w as 23,076 and in 1880 w as 6,663.
•horses are used. Said to be operated by the Northern Ohio & Lake
F O R T W A Y N E , IN D .
F I N D L A Y , O H IO .
FO R T W O R T H , TEX.
Erie By. Light & Power Co.
STOCK & B onds —
Date. Interest. Outstanding. Maturity.
»Stock, $200,000 (par, $25) ...................... $150,000 f. p .................
1st mort., $200,000, gold.) 1891 6 g. M -S
106,000
Mch. 1,1911
$1,000, not subj. to ©all. 5 Int. at Cent. Tr. & S. Dep. Co., Cincinnati, O.
Bills and accounts payable Deo. 31,1895, $38,868.
E a r n NQS—For year 1895, gross, $29,798; net, $9,490; interest, $6,
•650; balance, surplus, $2,075.
ROAD—Main line 4 ^ miles double track, operated by electricity; Tiffin
Ave. and West Park line about 4 miles, operated by horses; total track
February, 1895, about 13 miles.
OFFICERS— President, Geo. B . Kerper; Seo., Jacob Strader; Treas.,
•C. D. Kinney; General Manager and Purchasing Agent, C. F. Smith.
F IS H K IL L -O N -T H E -H U D S O N , N. Y .
P o pu latio n
in 1890 w as 3,617; in 1880 w as 2,503;
AND IN 1870 w a s 2,992.
C I T I Z E N S S T R E E T R A I L W A Y . - A trolley road.
C I T Y R A I L W A Y —A trolley road.
ORGANIZATION, Et c .—Chartered in 1891 to acquire the street railway
lines of the Fort Worth Land & Street By. Co. sold in foreclosure
Stock, $100,000, all held by the Purchasing Committee in trust, which
also holds title to 640 acres of Suburban lands. No bonds.
ROAD—Operates 7*2 miles of track on 5 ^ miles of streets.
OFFICERS—President, Lewis Warfield, 54 W all Street, N. Y.; Secre
tary, J. C. Terrell, Jr.; Treasurer, J. C. Harrison; Man., W. P. Quigg.
F O R T W O R T H & A R L IN G T O N
STREET R a il w a y -
H E IG H T S
O r g an izatio n , Et c .—The Fort Worth & Arlington Heights Street
By., Ft. Worth Land & Investment (about 4,000 acres), Arlington
Heights Electric Light Co. and Arlington Heights Water Co. were pur
chased by bondholders in June, 1895.
The Ft. Worth & A. H. Street By. is leased for 5 years to Glenwood
& Polytechnic College St. By.
Operates
miles of track on 21 miles in streets; balanoe, suburban*
a
40
STREET
W O R T H S T R E E T R Y . — trolley road.
O r g anization —Chartered In 1894 to succeed the North Side Street
RR. Co., foreclosed Nov. 20. Stock, $200,000. Bonds, first mortgage
coupon gold 6s, dated 1896 due 1926; Interest J.&.J at Mercantile
Trust Co., N ew York; authorized, $250,000; issued, $150,000.
Road —Operates 12 miles of track. President, K. M. Van Zandt
Secretary, T. A. Tidball; Gen. Man. and Purch. Agent, G. B. Hendricks
RAILWAYS.
GALESBURG,
ILL.
P o pulatio n 1890
w as 15,264; in 1880 was 11,437;
and in 1870 w as 10,158.
G A L E S B U R G
E L E C T R IC
P O W E R —A trolley road.
M OTOR
&
O rganization —Chartered in 1892for 20 years,being a consolidation
of the College City Street Ry. and the Galesburg Street Car companies.
„.S tock & Bonds — ,
Date. Interest. Outstand’g. Maturity.
Stock (mo,OOO), par $ i00........................... $210,000
.
R eo rganization , E t c .—A reorganization in 1896 of Glenwood & 1st M. ($125,000)................
1892
M-S
125,000
1902 '*
Polytechnic Street Ry. Electricity introduced and 6 new motor cars Subject to call at 105 after Sept. 1,1897. Trustee, Nor. Trust Co., Chic
purchased. The company has a 5-year lease of the Fort Worth &
Road —Owns 8 miles of main track and 1 mile of sidings, laid with 50
Arlington Heights Street Ry. Stock, $50,000; bonds, $50,000.
lb. T rails, in Galesburg, 111 and extending also to East Galesburg.
.,
Road—Owns road 6 miles long; leased line, 6 ^ miles; total, 12*2 miles.
OFFICERS—President and General Manager, Fred. Seacord; Vice
OFFICERS—President and General Manager, J. T. Voss; Secretary
President, R. Chappell; Secretary and Treasurer, Loren Stephens.
and Treasurer, Woodford Brooks; Electrician, W. E. Voss.
r> L 'E N W O O :D & P O L Y T E C H N I C C O L L E G E
^
STREET Ra il w a y -
F R A M IN G H A M , M A SS.
P o pulatio n 1890 WAS 9,239; IN 1880 w as 6,235;
AND IN 1870 w as 4.968
F R A M IN G H A M
U N IO N
STREET
RY.
O r g a n iza tio n .—incorporated in 1887.
STOCK & BONDS—
Date. Interest. Outstanding. Maturity.
Stock (par $100.).............................................
c
t\
1st mortgage, currency.. 5 1889
5 J -j"
$50,000
July l ‘¥909
Not subject to call.
( Interest at North Nat. Bank, Boston.
2d mortgage............ i ................................
n\
m
Debentures, etc..............................................
L ’ns,eto.pay.(net)Oct.31,’97 .........................
$26,107
Road —Operates main track 6-91 miles; sidings 0*44 of a mile.
In March, 1898, permission was asked from the Railroad Commis
sioners to issue $20,000 additional stock, $10,000 2d mortgage bonds,
$35,000 debenture bonds and $35,000 coupon notes—$100,000 in all.
Earnings .—For years ending Sept. 30 earnings have been as follow s:
1r. to Sept. 30— 1897.
1896. I
1897
1896
Gross earnings $19,936 $18,717 I Bal. for dividends.$3,166
None
t V ’ *'......... 2—
£,103
4,533 I Tot. surp. Sept. 30. 2,334 $7,101
Int. taxes, etc... 2,937
4,5331
9 ’
OFFICERS— President, James R. Entwistle, Saxonville, Mass.; Treasurer, F. E. Gregory, Framingham, Mass.; Clerk of Corporation, Ira B.
Forbes, South Framingham.
FRANKFORT, KY.
P o pulatio n 1890
w as 7,892; in 1880 w as 6,958;
and in 1870 w as 5,396.
F R A N K F O R T < S U B U R B A N R Y . - A trolley road.
&
ORGANIZATION—Incorporated June 16,1897. Successor to Capital
Ry. sold in foreclosure for $10,000. Owns 5*« miles of track, which
has been equipped with modem improvements since purchase by new
company. Stock, $10,000; bonds authorized, $40,000; issued $30,000.
OFFICERS— President, Charles R. Crain, Springfield, O.; Vice-Presi
dent, Patrick McDonald; Secy., Treas. and Gen. Man., John T. Buck
ley, Frankfort, Ky. V. 64, p. 422,1180.
F R A N K L IN , P A .
P o pulatio n
in 1890 w as 6,221; in 1880 w as 5,010;
AND in 1870 w as 3,908.
F R A N K L IN
E L E C T R IC
STREET
F R E D E R IC K , M A R Y L A N D .
in 1890 w as 8,193; in 1880 w as 8,659;
and in 1870 w as 8,526.
w as 29,084; in 1880 w as 22,248;
in 1870 w as 13,818.
G A L V E S T O N C I T Y R A I L R O A D —A trolley roadO rganization —incorporated May 2 ,1871.
R eceivership .—R. B. Baer appointed receiver in October, 1897.
Foreclosure suit in progress, July, 1897, coupons being unpaid. City
of Galveston claims $43,399 for overdue taxes.—V. 65, p. 824.
„STOCK & B onds —
Date. Interest. Outstanding.
Maturity.
Stock (par $50)......................... See text
$1,000,000 ..............
1st mort. $1,000,000, g., ( T
18,93„ J g J ~ J . !>0p0,000 Jan. 1,1913
$1.000.
’
July, ’97. coupon in default. Guar. Tr. Co.
2dM. $75,000 ($l,000eaoh)....... 6 quar.
As collateral.
(1)
The 2ds for $75,000 were issued to Guaranty Trust Co., N. Y., as
collateral for a promissory note of $50,000; and in Nov., 1898, fore
closure suit was filed.
In March. 1898, the Receiver reported floating debt to be $167,616,
besides city’s claim for $56,000 on taxes and assessments; cash on hand,.
$25,507.
Dividends—In 1895,25 cents per share in Jan. and July; none since.
ROAD—February, 1897.
Miles.
Proprietary road
Miles.
Owned in fee, main line.........36
(Entire st’k & bonds owned)
Sidings................. ................
lg Gulf City St. R ’y & Real Est. Co. 5
Weight of rail..................... 40 lbs.
Total of all.............. .......... 411*
Yrs.end.Dec.31. 1897.
1896.
1897.
1896.
Gross earnings.$213,468 $212,661 Damages, eto___ $12,473
.......
Net over taxes. 83,488
80,342 Approx, surp... 10,574 $23,165
Interest..........
60,439
57,177 Tot. surp. Jan. 1............
23,191
The apnarent surplus for 1897 apd the cash on hand in March, 1898
are explained by saying that the usual replacements from week to
week have not been made.
OFFICERS—President and Gen’l Manager, Julius Runge, Galveston;.
Secretary, A. Drouilhet; Treasurer, J. Lobit,—V. 65, p. 728, 824.
G A R D N E R , M A SS.
P o pulatio n
R Y .—
Stock (par $50), $60,000; 1st mortgage ($50,000) 6s, 1894, due 1924
$2,000; unfunded debt June 30, 1897, $43,053. Operates 3Hi miles
of track through the principal streets of Franklin, Pa. Rail, 60 lb*
For year ending June 30, 1897, gross, $13,762; net, $1,426. In
1895-6, gross, $13,834; net, $2,370. In 1894-5, gross, $7,812; net, $170.
OFFICERS—President and Treas., E. W. Echols; Sec’ry, G. S. White.
P o pulatio n
G A LV E S T O N , TEX.
P opulation 1890
AND
GARDNER
in 1890 w as 8,424; in 1880 w as 4,988;
in 1870 w as 3,333.
E L E C T R IC
ST* R Y . —Trolley.
O r g a n iz at io n —Capital stock, $50,000; par, $100. Sept. 3 0 ,1897.
loans and bills payable, $27,200. The company petitioned the Massachusetts RR. Commission for authority to issue $30,000 of 5 per cent
30-year gold bonds.
R oad —Main track, 4*34 miles; sidings, 0*12 m.; total track, 4*46 miles.
E arn in g s —For year ending Sept. 30, 1897, gross, $17,621; net,
$2,240; interest, taxes, etc., $4,046; dividends (2*a per cent), $1,250;:
balance, deficit for year, $3,056. President, Frederick S. Coolidgej
Treasurer, James A. Stiles.
F R E D E R IC K & M ID D L E T O W N E L E C T R IC
R A I L W A Y —A trolley road.
O rganization —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, e*, interest J.&J.;
principal maturing Jan. 1,1917, but subject to call at par on and after
Jan. 1,1907; trustee, Maryland Trust Co., Baltimore. Second year of
operation gross earnings were about $18,000.
Road —Frederick to Middletown, 9 miles. Has leased the Catoctin &
Myersville Electric, Myersville to Middletown, 0*2 miles, under 00 nstruction in July, 1898. President, Geo. W. Smith.
F R E D O N IA , N. Y .
P o pulatio n
in 1890 w as 3,399 ; in 1880 w as 2,692
and in 1870 w as 2,546.
D U N K IR K
& FRED ON IA
R A IL R O A D —
A trolley road. Population in 1895 estimated at 4,000.
O rganization —Chartered April 21,1864. Company is also engaged
in electric lighting and steam heating, the expenses of these depart
ments being included in the railroad operating expenses and the re
ceipts are shown in other income. In June, 1897, purchased Fredonia
gas plant for $9,600, giving note therefor (included in bills payable
June 30,1897). Securities and earnings are as follow s:
Stock auth.,$150,000; par
EARNINGS—Year ending June 30:
$100; stock sold....... $100,000
1897.
1896.
1st mort. 5s, J. & J ....... > . n
~ dross..............$18,888
$19,885
(Due July 1,1911 )..... j 40,000 Net................. 7,479
4,848
Bills payable June 30, ’97. 21,300 Other income..
6,258
6,983
R oad —Owns 3*2 miles of single Int. and taxes.
4,508
4,472
and one-fifth miles of second track. Dividends......
6,000
6,000
OFFICERS*—President, Willard McKinstry ; Secretary-Treasurer and
Manager, Milton M. Fenner
G E N E V A , N. Y .
P o pulatio n 1890 w as 7,557; in 1880
AND IN 1870 WAS 5,521.
w as 5,878 ;
GEN EVA W ATERLOO SEN ECA FALLS &
C A Y U G A L A K E T R A C T I O N —Trolley.
O rganization —Chartered Nov. 24, 1894. February, 1895, consoli
dated with Geneva & Waterloo and other companies. The new com
pany owns the Cayuga Lake Park property of 50 acres.—V. 60, p. 562
STOCK & B onds —
Miles. Date. Interest. Outstan’o. Maturity.
Com. stock, par, $100.......... ........................... $350,000 ........... „
Pref. stock, $100,000.......................................
100,000
1stM.,($500&$1,000)g.c*....... 1895 6 g. A -O 431,500 Api.'i", 1920Bills payable June 30,1898, none.
t Interest at West End Tr. & S. D. Co., Phila., trustee.
Stock.—In November, 1896, the stockholders surrendered $100,000*
of common stock, which was duly made into preferred stock, of which
100 shares was paid to the stockholders who had surrendered the1,000 shares of common stock.
Bonds—On June 30,1897, $68,500 of bonds were held in the treas
ury. Old bonds were taken up and the mortgages canceled.
ROAD—The road extends from Geneva to Cayuga Lake Park through
Waterloo and Seneca Falls, 161 miles; sidings, % miles. Rails 70-lb
«
girder and 60-lb. T*
E arn in g s —For year ending June 30, 1897, gross, $62,401; net,
$19,991; other income, $216; interest on bonds, $25,260; taxes,.
$2,062; other interest, $806; balance, deficit, $7,921. In 1895-6;
gross, $53,070; net, $12,518.
President, Isaac M. Thomas, Wilkesbarre, Pa.; Secretary and Treas
urer, W. C.JGray, Seneca Falls.—V. 60, p. 562.
STREET
RAILWAYS.
G IR A R D V IL L E , P A
P o pulatio n 1890
EARNINGS—The earnings are included in those of the Fonda Joh
town & GloversviUe BB. Co.
was 3.584; in 1880 was 2,730.
S C H U Y L K I L L T R A C T I O N C O . - A trolley road.
O r ganizatio n —Chartered Sept. 26,1892, and in June, 1893, com
pleted an electric road, 2 2 ^ miL s in length, in the anthracite coal
hasin of Schuylkill County. The population tributary aggregates
about 75,000 people, and it passes about forty collieries. Lakeside,
By. of Mahanoy City, Pa., was reported leased in February, 1897.
s t S i i ^ o o ^ o T i l o o ^ ; DT :
.
$? 0S0 SooTn ’Maturityist M. (|500,000),g., i 2 2 ^ 1893 5 g A -O ’ 500,000 ’ Apr.1,1943
*
a fte r a
\ I n t e 5e s t 18 Pald at Equit. Tr. Co.. Trustee. Phil a.
arter -A.pl. 98. - - -C* ) Bonds may be purchased for sinking fund at 105
Road —Owns 22hi miles of track (length of line from extreme points
about 15 miles), being in the form of a Y, with GirardvUle, where the
power house is situated, as a centre. Bails 50, 60 and 70 lb. T.
A n n u a l R epo r t —E arnings for years ending September 30:
18 9 f
i“o7~
*00*
17^0
^ eL
Interest. Bal.,surp.
I 895.9I ...................... S? 9« 1
9!
$25.000
$il,911
40,801
25,000
15,801
l l o L o f ...................... 96,809
1894=95...................... 90,981
33,360
25,000
8,360
OFFICERS— President, Dallas Sanders, Drexel Building, Philadelphia;
Secretary and Treasurer, J. A. Johann; General Manager and Purch.
Agent, E. W. Ash.—V. 62, p. 334; Y. 63, p. 79 5 .
41
JO H N STO W N G L O Y E R S Y IL L E
B O R O R R . —An electric road.
& K IN G S -
O r g anization —Chartered Nov. 12,1873, and in November, 1893
eased to the Fonda Johnstown & GloversviUe (steam) Bailroad Co.
for 999 years, its bonds being assumed and 8 per cent per annum be
ing guaranteed on its stock.
a^ C K ^ w S
+ Ii9 i^ ^ S D—
Miles. Date. Interest. Outstand’g. Maturity
Stock, $50,000 (par,$100) .................... 8 p. o. $50,000
...
1st mortgage.................... 4-11 .......
6 J-J
50,000
1913
Interest is payable at the Metropolitan Trust Company, N. Y. City.
Road Owns single track, main line, from Johnstown to Glovers
viUe, 4-08 miles; branch, -03; total, 4-11 mUes.
G O S H E N (E L K H A R T CO.), IND.
P o pulatio n 1890
was 6,033 ; in 1880 w as 4,123 ;
and in 1870 was 3,133.
IN D IA N A . E L E C T R I C
R Y —A troUey road.
O rganization —This company was chartered to construct and
operate a street railway in the cities of Goshen and Elkhart and
viUage of New Paris. In 1896 population of Elkhart estimated at
14,000 and of Goshen 9,000 (these cities are 8 mUes apart.) On Octo
P o pulatio n 1890 was 9,509; in 1880 w as 4,900;
ber 1,1898, purchased by Arthur Kennedy and others, who also p u r and in 1870 was 4,500.
chased stocks of South Bend Street By. and South Bend & Mishawaka
g ? ^ S S s ™ a tL]LS’ s o u t h
g l e n s
f a l l s , By. A new line, it was understood, is to be built from South Bend to
S A N D Y H I L L & F O R T E D W A R D S T R E E T Goshen, 13 miles, and all the lines consolidated. In Nov., 1898, the
R A I L R O A D —A trolley road.
South Bend & Elkhart Electric By. was engaged in securing franchises
ORGANIZATION—Chartered Sept 28,1885; amended 1891. Estimated for this extension.
•
population of district served, 1898,27,500.
q+ tock & BONDS
S
Par. Date. Interest. Outstand’g, Maturity.
Stock............................................................. *110 000
H to Ik *l5 0 00rt « S7 « i 0 o Bate"
n
Outstanding. Maturity. 1st mt., $500,OOO.g.,s.L, ) 1,000 1895 6g. M -N 110.000 Nov." Ï,"Ï925
* .% * :
*150.000 Nov., v a .v J k
not subj.tocaU,$1,000 ( Interest at Royal Trust of Ôhicago, trustee.
and $1,000)........... c. 5 1 8 9 1
6 J-J
100,000 July 1,1911
Stock increased in 1896 from $25,000 to $110,000.
2d mortgage ($500)....... < 5 .1893
6 J-J
50,000 July 1,1913
N e w Mortgage —The first mortgage of 1895 replaces the old mort
Interest at Merchants’ Nat. Bank, Glens Falls.
gage of 1894, which was canceled in November, 1895. Additional
DIVIDENDS—l a fiscal year 1894-95 p aid 1 p er cent.; in 1895-6 4 p c bonds may be issued at $5,000 per mile of completed main track in
in 1896-7,5 p. c.; in 1898, 5 p. c.
suburbs and $10,000 per mile in city limits.
Road Glens Falls to Fort Edward, 7-84 miles; sidings, 1*18 miles;
Road —Operates 6 miles of track In Elkhart and 5 miles in Goshen ;
race track branch, hi mile; So. Glens Falls Branch (completed Oct. ’96)
11 mUes from Elkhart via Goshen to Wabash BR. at New Paris ex
1 ^ miles; total track, 10-52 miles. Bails 40 lbs.
pected to be completed in December, 1898.
A n n u a l Earnings for fisoal years ending June GO:
O fficers—President, Arthur Kennedy, Pittsburg, Pa.; Secretary and
10 07 0
°ih e ,^ c- l^ M ta x . Dividends. BaL.sur.
T
Treasurer, DeWitt Dilworth, South Bend, Ind.—V. 61, p. 925.
1896 f ' ‘ * 5 7 488
$ H ’082 (&%> $7,225
$8,184
189b 7.. 57,488
23,003
204
10,621 (5%) 6,875
5,711
OFFICERS— President, J. M. Coolidge; Secretary, Treasurer, F F
Pruyn; Supt., J. E. Derrick.
G L E N S F A L L S , N. Y.
GRAND
G LO U C E S T E R j M ASS.
P o pulatio n 1890 w as 24,651; in 1880
AND IN 1870 WAS 15,389.
R A P ID S , M IC H .
P o pulatio n 1890 w as 60,278 ; in 1880
AND in 1870 w as 16*507.
w as 19,329;
G L O U C E S T E R S T R E E T R Y . —A trolley road.
ORGANIZATION—Incorporated December 29,1885.
w as 32,016 ;
C O N S O L I D A T E D S T R E E T R Y - A trolley road.
S tock & B onds —
. Date. Interest.Outstanding.
Maturity
Stock, common.......
•
$1,500,000
*
do preferred
St* l 6
oooy" ^ T s t mort.' ( 1887
é T -ï>
1 600,000 June 1,1912
Date‘ J nt?re,stOutstand’g. Divid’s, etc.
Stock, par. $1.00— ................. See below.
$180,000
See text
C o^nsolSt/R ylC o.lstM : .
1 f 7’ paldJune
1898
$3,000,000 gold........... 5 1 8 9 1 5 S F - A
1,200,000 Aug. 1,1916
^ m o r t g a g e - : ..............
1887 5 M - S
60,000 Apr. 1 1907
r r l i 11 in^ re st is payable at American Loan & Trust Co., Boston.!
North Park Street By., 5 1894
5 J -J
50.000
Jniv I i q i a
Unfunded debt Sept. 30,1897... <*...........
57,375
J
1 st, $75,000 ($1,000).. ( Int. at Mich. Tr. Co., trustee, Gr.Rapids/MicL
Dividends in years ending Sept. 30,1892 to 1895 inclusive were 3 Consolidated St. By. 5s of 1891 for $2,400,000 were Issued, butin
per cent per annum; in 1896 paid 6 p. 0.; in 1897, 6 p. 0.
February, 1896, bondholders voluntarily surrendered one-half their
Road Owns 10 miles of track and has
mile sidings, etc.; lease bonds, receiving preferred stock therefor at par.
Gloucester & Bockport (rental, $1,800), l ^ miles.
Interest due Deo. 1,1896, on old Street By. fli-st 6s was paid June 1
E arnings For year ending Sept. 30 the earnings have been:
1897. Holders of these bonds were asked to exchange them for Con1897.
1896.
olidated St. By. 5s at par.—V. 64, p. 180.
„ ,
„
1897.
1896.
Gross earnings..$66,398 $64,777 Balance for divs.$16 ,435 $11,883
First Mortgage 6s of iqiz Committee: Chairman, B. D. Verrill, Port
N e t .................. 27,765
22,337 Div. paid.......... 10,800
10,800
Inter., taxes, etc. 11,329
10,454 Bal.,sur. for year 5,635
1,083 land; Wm. Blodget, Boston; W. J. Hayes, Cleveland; A. G. Hodenpyl
O fficers —President, W, B. Ferguson, Malden, Mass.; Secretary and Grand Rapids; A. G. Rogers, Portland, Me.;Jdepositary, State Street
Treasurer, D. S. Presson, Gloucester, Mass.
S. D. & Tr. Co., Boston: $560,000 of these bonds have been deposited
G L O U C E S T E R E S S E X & B E V E R L Y R R - A n —Y. 64, p. 287, 610. Reorganization pending.
eleotrio road opened Aug. 21,1895.
ROAD—In May, 1896, said to operate 49 miles of track, including
North Park Street Railway, 4*2 miles.
s t® p a *$ io °o N
)DS.T.... Da. t:. Int.e™ .L
!
O fficers —President, Gen. Man. and Pur. Agt., G. S. Johnson- Vice,$125,000($1,000) > 1896 5 g j - D
125,000
Dec. 1, 1916*
President, D. M. Cummings; Secretary, O. S. Gaither; Assistant SeoreLtmns payable(Oot.1,"
’97 * ^ $ 3 0 , 0 0 0 ' Bo8to“ ’tru8tee- ary and Treasurer, B. S. Hanchett, Jr.—V. 63, p. 1 1 1 5 : v 64 n ian
87, 610; V. 65, p. 367; V. 67, p. 319.
' 7 ' ’ P‘
U’
D ividends —In 1895-6, 4 p. c.; in 1896-7, 2 p. 0. '
Road —Owned Oct. 1,1897, 22*2 miles of main-track and ‘6 mile of
siding. Commenced operations August 21,1895.
E arnings —For year ending Sept. 30, 1897, gross, $58,641; net,
P o p u l a t io n 1890 w a s 3,979.
$21,147; charges, $11,815; dividends, $5,000; bal., surplus for year,
$4,332. In 1896-7, gross, $58,264; net, $19,733; interest and taxes,
G R E A T F A L L S S T R E E T R Y - A trolley road
$7,581; dividends, $10,000; bal., surplus, $2,152. Total surplus Oct.
O r ganization —I n hands of W. D. Dickenson as receiver.
1,1897, $1,548. President, W. B. Ferguson; Secretary and Treasur
St?ik,f20*000,NDS“$ 2 5 ^ . e8- Date‘ Interestp ar
Maturity«
er, G, A. Butman; Office, 53 State Street, Boston.—V. 64, p. 82.
M.for$500,000gold............. 1891 6 g J -D *246,500 June 1 1905
Mortgage trustee, Massachusetts Loan & Trust Co., Boston
ROAD—Operates 8% miles of track and 8*3 miles of road.
P o pulatio n 1890 was 13,864; in 1880 w a s 7,133;
EARNINGS—For year 1896 gross, $26,091; net, $2,568.
AND IN 1870 WAS 4,518.
G R E A T F A L L S , MON.
G L O V E R S V I L L E , N. Y .
C A Y A D U T T A E L E C T R IC
R A IL R O A D —
O r g anization —L eased for 999 years from May 1,1894, to the Fonda
Johnstown & GloversviUe, 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.
8t?I£C|3fo?0°00D8r
1
^
IntereSL
S
S
-
Maturity.
O O O ^ n f fn ’
e ° l d L 1892 &g. A -O
350.000 Oct.T, 1922
$1,000, guar. p. & i........ ( Int. at Farmeis’ Loan & Tr,, N. Y. City
Current liabilities June 30,1897..................
$89,707
ROAD— Owns 14^ miles of single track and -4 miles of sidings.
G R E E N B A Y , W IS .
P o pulation
in 1890 w as 9,069; in 1880 w as 7,464-
IN 1870 WAS 4,666.
F O X R I V E R E L E C T R I C R Y . —TroUey,
R eceivershif »—ïn Januâry, I 898, MitcheU Joannes of Green Bay
18 9 7 ’Æ i n non ‘
“ ? ag6 auth°rized $300,000 ; issued to May,
1.897, $13° , 0 0°; dated 1894, due Jan., 1924; int., 6. p. c. gold, J-J
at Farmers’ L. & T. Co., N. Y., trustee bonds, $500 and $1,000 0*.
S TR E E T
42
R A IL W A Y S .
ROAD— Owns 14*2 miles track; 45 and 78-pound rail; 12 motor
oars, 8 trailers. The line runs from Appleton to Neenah and Menasha,
and was ultimately to be extended to Kaukauna. With the Milwaukee
Racine & Kenosha Electrio Ry., etc., to form part of a through
trolley route between Milwaukee and Chicago, Appleton Power
Co. to furnish the power. In May, 189-1, operation of road w as wait
ing arrival of new ears. Superintendent, A E. Goodrich.
G R E E N F IE L D , M A S S .
P o p u la t io n 1890 w a s 5,252; i n 1880 w a s 3,903;
AND IN 1870 WAS 3,589.
G R E E N F I E L D
&
T U R N E R S
F A L L S
S T R E E T R A I L W A Y . —A trolley road.
ORGANIZATION— Commenced operation June 24, 1895. Owns 750
feet steel bridge across the Connecticut River at Deerfield.
OTAr u A- Ron ns—
Date.
Interest.
Outstanding.
Maturity.
Stock, ftill paid, ($100) .........................
$100,000
8 / i n ’ 96-97
00
1st mort., gold, s. f ... 1896
5 g. J&D
98,000
June 1,1916
Notes payable Sept. 30,1897
............
16,000
.................
BONDS— The mortgage (originally $100,000) provides for the pay
ment of $2,000 annually from 1897 to 1915, inclusive, at a premium.
R o a d —Greenfield to Deerfield, Montague City and Turners Falls,
12*86 miles; sidings, 0 41 miles; total track, 13-27 miles.
E arnings— For year ending Sept. 30,1897, gross, $32,252; net. $13,489, applicable to interest, taxes, and 8 p. c. dividends. President,
Frank E. L o w e; Treasurer, Frank E. Pierce.—V. 63, p. 76.
H A G E R S T O W N , MD.
P o p u la t io n 1890 w a s 10,118; in 1880 w a s 6,627;
IN 1870 WAS 5,779.
H A G E R S T O W N
&
P O T O M A C
E L E C T R IC
S tock & Bonds —
Par. Date. Interest. Outstand’g. LastDiv.
Harrisburg Traction,
.
•
. _
stock, $ “,000,000...
50 ....... 2*2 F -A $1.870,000 Aug., 1898Citizens’ Passenger— 5 ....... 1894 6g. M -N
75,000
May 1,1924
1st M., $75,000, gold ( Int. at Com’wealth Guar. Tr. Co., Harrisburg
Leased to E. Har. Pass. Ry.—
.
_____ ___ , ____
Harris. City Pass. stk.. 25 ........ 12 J-J
$125,000 July, 1898
Middletown H.&S.stk.
50 ....... 10 J-J
100,000 July, 1898The Traction Co. holds in its treasury $700,000 (all) stock of the*
East Harrisburg Passenger Railway and $235,000 (all) of the Citizens
stock.—V. 60, p. 873. Bills payable June 30, 1896, $31,000.
ROAD—Leases and operates 47 miles of track as follows: East H ar
risburg Passenger, 24 miles;. Citizens’ Passenger, 6 miles; Harris
burg City Pass., 5 miles; Middletown Highspire & Steelton Pass., 12 m.
L a t e st E arnings —3 months, (1 8 9 8 ....Gross, $97,731; net, $58,621
July 1 to Sept. 30.
11897....Gross, 68,353; net, 31,172
E arnings for years ending June 30:
12 mos.
Gross.
Net.
Int., taxes, etc. Dividends. Bat., sur.
1897-98....$245,065 $117,210
$49,229
$46,750
$21,231
1896-97.... 221,389
90,028
52,518
18,700
18,810*
O fficers —Pres.,E. C.Felton; V.-Pres., B. F. Myers; Sec. and Treas.
W. J. Calder; 8upt. and Purch. Ajrt., F. B. Musser.—V. 63, p. 227.
H A R R IS B U R G & M E C H A N I C S B U R G
E L E C T R IC R A I L W A Y CO.— trolley road
A
.
O rganization —Chartered May 7,1892. In Feb., 1898, operated T
miles of track.
S tock & B onds —
Date. Interest. Outstand’g. Maturity.
Stock auth., $¿25,000....................
..........
$144,500
.............
1st mort., $224,000, gold
1894 6 g. M-S
144,500 Sep.,1914
On June 30,1898, loans payable were $15,000.
Interest is payable at office of trustee, the Harrisburg Trust Co.
For year ending June 30,1898, gross, $23,194; net, $11,642; interest!,
and taxes, $11,461; surplus, $178.
R A I L W A Y —A trolley road.
O r g a n iz a t io n — Formed in 1895 and in December filed a mortgage,
for $200,000, to the Harrisburg Trust Co. of Harrisburg, Pa., as
trustee. Stock $200,000. Pres., Christian W. Lynch.—Y. 61, p. 1064.
H A G E R S T O W N R A I L W A Y . —A trolley road.
ORGANIZATION— Chartered March 12, 1896, for 40 years. Has con
tract with the city to furnish electrio lighting.
S t o c k & B o n d s —Capital stock, $200,000; par, $50. First mort
gage is for $200,000 gold 6 p. 0. bonds, dated 1896, due May 1,1916;
interest, Q.—F., at office of Commonwealth Guaranty Trust & Safe
Deposit Co. of Harrisburg, Pa., trustee of mortgage.
ROAD-H agerstow n to Williamsport and Funkstown, 13 m. of track.
President, Christian W. Lynch; Treasurer, Wm. Jennings.
H A M IL T O N , OHIO.
P o pu la t io n in 1890 w a s 17,565; i n 1880 w a s 12,122;
a n d in 1870 w a s 11,081.
HARTFORD,
P opulation 1890
and
CONN.
w as 53,230; in 1880 w as 42,553 ;
IN 1870 WAS 37,743.
H A R T FO R D M A N C H E S T E R
V IL L E T R A M W A Y C O -
&
ROCK
STOCK & BONDS—
Date. Interest. Outstand’g.
When due.
Stock $500,000 (par $1 00 )........................ $300,000
.......... .
..
1st mort., $300,000.......... 1894 5 A -0
200,000
Oct. 1, 1924,
Accts. payable June 3y,’98 .......................
1,636 - ...................
r oad —in j anuary, 1898, operated 18’75 miles of track, extending
to Manchester, Talcotville and Rockville, extension to Rockvilleoperated from January 8,1898.
EARNINGS—Nine months ending June 30,1898, gross, $61,193; net
$22,414; interest, taxes, etc., $16,928 ; balance, sur. for year, $5,486
OFFICERS— President, M. S. Chapman; Sec., J. W. Haynes; Treas..
R. W . Cheney.—V. 65, p. 1069.
C IN C IN N A T I
&
M IA M I
V A L L E Y
T R A C
H A R T FO R D & S P R IN G F IE L D
R Y .-T o b
T I O N . —A trolley road.
lley ro .
ad
O rganization — Chartered in 1896, with right to carry passengers ti o
ORGANIZATION— Chartered in 1898 to build between Hartford and
freight, etc. Franchises run pafrt 25 years and part 50 years. Road
Springfield, Mass., on both sides of the Connecticut River, including
opened July 12,1897. Operates from Hamilton to Dayton, 37*2 miles
link on the east side to connect the Hartford system with the Enfield
Bt o pk & BONDS —
.
Date. Interest. Outstand’g.
Maturity.
Stock, $650,000 ($100)............................
$650,000
and Long Meadow Road.
First mortgage, $650,000 5 1896
5 J -J
650,000
July 1,1917
($1,000).......................( mt. at Finance Co. of Pa., Phila., trustee.
Guaranteed Loans—
H A R T FO R D STREET R A I L W A Y — trolley road
A
Dayton Traction 1st M., ( 1896 5g. J-J
$250,000
July 1,1916
¡¡TnrK A B onds —
Date. Inter’t. Outstanding. Last div., < c.
£
e (®1.000), int. guar..c* \ Int. at Finance Co. of Penn., Phila., trustee. Stock ($2,000,000, par $100)........ Q- J $1,000,000
Oct. 1,’98,1*2%
Debentures, gold, a s - ) ....... 6g. M-S
50,000
Mar. 1 , 191a
H a r t fo r d * ) 5.20 year D eb> 1892 5 M - S 100,000
8.
Sept. 1, 1912;
sumed...................1- < S. f., $2,000 yearly, beginning July, 1898.
ROAD-Operates from Hamilton to Dayton, O., 37 *a miles, of which,
do
*
do
do
1893 5 J - J 100,000
July 1 ,1 9 1 »
Hartf.St.Ry.
do
do
1894 5 A -O 300,000
Oct. 1,1914
Miamisburg to Dayton, 11*2 miles, leased from Dayton Traction Co
do
do
do
1894 5 J - D 300,000
Deo. 1,1914
for 999 years from April, 1898, for dividends on stock and its guaran
do
do
do
1895 5 M -N 300,000
May,
1915
ty of interest on $250,000 1st 5s and assumption of $50,000 deben
do
do
do
1895 5 F - A 300,000
Aug.r 1915
do
do
do
1896 5 M -S 277,000
March, 191&
ture 6s. V. 66, p. 1237.
I eo. 1, 192T
EARNINGS— For two months ending July 31,1898, $26,770, against East H .& Glastb. debentures) 1897 5 j _ D 200.000
guar., red. Dec. 1,1900— 5
$20,117 in 1897. Net for July, 1898, $7,214. Oct., ’98, gross, $12,954.
In t e r e s t is payable at Connecticut Trust C**., Hartford, Conn.
OFFICERS-President, Dennis Dwyer; Treasurer, W. A. Stern; Secre
STOCK— l u 1898 $600,000 stock was issued, making the total amount
ta rj, William P. Schwab.—V. 6t, p. 1237.
outstanding $1,000,000. A portion of the proceeds was used to retire
$300,000 Hart. & Weth. debenture 5s.
The debentures are all subject to call at par after five years from,
P o p u la t io n 1890 w a s 5,428; in 1880 w a s 699.
date of issue. They will all be secured by any future mortgage.
D iv id e n d s . -I n 1894,6 p.c.; ’95, 6; ’96,6; ’97, 6 p. e.; ’98, Jan., 3 p. 0H A M M O N D W H IT IN G & E A S T C H IC A G O
Apr., l*a p. c.; July, 1*2 p. o.; Oct., 1*2 p. c. |
E L E C T R I C R A I L W A Y —A trolley road.
Road —L ines extend to Wethersfield, West Hartford and Windsor.
O r g a n iz a t io n — Chartered in 1892. Franchise runs till 1917. Con
East Windsor, East Hartford and South Glastoi bu-v. in all 65-6 miles
trolled in interest of South Chicago City Ry. Y. 62, p. 86.
main track and 6'2 miles sidings, etc. Standard for 1 he city is 90-lb.
S to c k & BONDS— Miles. Date. Interest. Outstand’g. Maturity.
Stock, $3o0,0(.'0................... .
......
$287,00(*
------------- . girder rails and in the country T rails.
1 stM., $100,000, gold 22 1894 5g. M-8
100,000 Mar. 1,1904
East Hartford & Glastonbury is controlled by ownership of stock,,
Interest pay able at Northern Trust Co., mortgage trustee, Chicago, 1 1 and leased for 30 years from 1897. Part of the Newington Tramway,
1.
ROAD— Owns 22 miles of track, extending from State line at Roby to from Newington Church to Hartford, was purchased in 1897, and a.
Whiting, East Chicago and Hammond, and operates In connection with through line from Hartford to New Britain is operated via the Central
South Chicago City hy. to 63d St. and Madison Ave. in Chicago.
Ry. & Electrio Co. of New Britain.
OFFICERS— President, A. Murray Turner; Vice-President, D. M
EARNINGS—Fiscal year now ends June 30. For years ending Sept. 30t
Cummings; Secretary & Treasurer, O. S. Gaither.—V. 62, p. 86, 502.
Gross.
Net.
Int. < taxes. Dividends. Bat., sur.
&
1897
....$576,992
$188,351
$145,386
$lx,00O
$30,9651896........... 531,389
164,218
117,229
12,o00
34,989
For 9 months ending June 30,1898, gross, $438,069; net, $134,97 »
P o p u la t io n in 1890 w a s 6,538; in 1880 w a s 2,684.
interest and taxes, $113,054; dividends, $21,000; surplus, $919.
N E W P O R T
N E W S
H A M P T O N
&
O L D
OFFICERS— President, E. S. Goodrich; Vice President, Samuel G.
P O IN T
R A I L W A Y . - S e e Newport News.
Dunham; Sec. and Treasurer, Daniel R. H owe.- V. 65, p. 1069,1173;
H A M M O N D , IND.
HAM PTON,
VA.
H A R R IS B U R G , P A .
1890 w as 39,385; in 1880 w a s 30,762
a n d in 1870 w a s 23,104.
H A R R IS B U R G
T R A C T I O N —A trolley road
ORGANIZATION— Organized in May, 1895.51
p o p u l a t io n
H A R T F O R D & W E S T H A R T F O R D R R.—
Trolley
Qt o p k Æ Bo n d s *
Par. Date. Interest. Outstand’g.
Maturity.
Sto¿k,$l®00,000 .. $100 ....
Text.
$247,000
......
1st M.; $315,000,< 1,000 1894 5 F -A
279,000
Aug., 1924
*1.000......... c*. ) Interest is payable at City Bank, Hartford, Conn
STKEET
Sept. 30,1897, bills payable $21,575; other accounts, $26,936.
R oad —Operates l S ^ miles of track laid with 65-pound T rails, 10
miles of which it owns and upon 3 miles it has trackage rights. E x .
tends from Hartford to Farmington and Unionville. To be extended
in the autumn of 1898 to Collinsville, 7 miles.
EARNINGS—For 9 months ending June 30, 1898, 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.
OFFICERS—President, David Hennev; Secretary, W. J. Carroll; Super
intendent, T. L. McCormack.—V. 65, p. 1069.
H A V E R H IL L ,
M ASS.
P opulation 1890
was 27,412 ; in 1880 was 18,472;
a n d in 1870 w as 13,092.
H A V E R H IL L & A M E S B U R Y STR EET R Y
—A trolley road.
STOCK & B onds —
Date. Interest. Outstanding.
Maturity
Stock, $250,000. par $100............ See text
$150,000 Oct.,’97, 3%
Black Rock&Salisb’y Beach $1891 5g J - J
122,000 July 1,1911
1st mortgage, gold..........( Interest at International Tr’t Co.»Boston.
Haverhill&Amesb’yConsol. ( 1892 5g. J - J
178,000 July 1,1912
M. $300,000 g., $1,000. c* \ Int. at Am. Loan & Tr. Co., trustee, Boston.
200,000
1911
Debenture notes.............. 1891 6
Loans payable Sept. 1 ,’97.
... . ..
18,396
..........
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. c.
Road —H as 271 miles of track, including sidings, etc., l ^ mile. On
a
Sept. 30,1897, electricity, 22 miles; steam, 3 miles; horses, 2 ^ miles.
ANNUAL R eport —For years ending Sept. 30 earnings have been:
Gross.
Net.
Int and Tax. Dividends. Bat. Sur.
1896-97... $99,485
$34,807
$28,700 (3%) $4,500
$1.606
1895-96... 99,048
28,181
27,889
..........
292
OFFICERS—President, Charles Goss, Amesbury, Mass.; Secretary and
Treasurer, Geo. A. Butm an; Office, 53 State Street, Boston.
HAZLETON, PA.
P o pulatio n 1890
w as 11,872; in 1880 w as 6,935;
and in 1870 w as 4,317.
ORGANIZATION—Chartered Nov. 7,1892. Franchise perpetual. Owns
controls and has leased for 999 years, at an annual rental of $1 each
the Hazleton & Suburban Electric Ry., capital $30,000; Hazleton &
South Side Electric Ry., capital $75,000; Hazleton & North Side Elecrio Ry., capital $75,000.
STOCK & B onds —
Date. Interest.
Cutstand’g
Maturity.
fltrk $1 ,000,000 (au.)p.$100......................... $1 ,000,000 f. p..............
1st mort. $500,000, gold, J 1893 5g. J - D
500,000 June 1 1923
$100, $500, $1,000.. .c* ( Trustee, Markle Bank’g & 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
.......
124,843
................
Bills payable Jan. 1 ,’98.............
Interest (free of all taxes) is payable in New York or Philadelphia ex
change, if desired, at par, and is so stated on the coupon. Total sur.
plus Jan. 1,1897, $62,907.
Road —I n August, 1898, was operating 23 miles of road laid
with 60 lb. new steel T rails, oak ties, well ballasted. Road extends
from Hazleton to West Hazleton, to Yorktown (connecting with Penn.
RR. and Lehigh Valley RR.), to McAdoo (South) and Milnesville, Lattimer, Urinas and Freeland (North).
LATEST E a r n in g s —10 months, 5 1898___ Gross, $80,207; net, $32,833
Jan. 1 to Oct. 31.
(1897....Gross, 91,465; net, 41,864
YEAR’S E arnings —R eport for 1897 in V. 66, p. 233, showed: Gross.
$109,101; net, $50,615; other income, $517; interest and taxes, $37,661; bal., surplus for year, $14,071. In 1896, gross, $120,881; net,
$56,546. Passengers carried in 1897 were 2,330,103.
OFFICERS—President, C. W. Kline; Treasurer, N. C. Yost; Secretary
E. S. Doud; Gen. Man., A. Markle—V. 64, p. 232; V. 66, p. 233.
H E L E N A , MON.
P opulation 1890
was 13,834; in 1880 w as 3,624;
and in 1870 w as 3,106.
H E L E N A P O W E R & L IG H T — A trolley road.
ORGANIZATION—This company is a consolidation made in 1894 of the
Helena Electric Railway and Helena Rapid Transit, together with the
Helena Electrio (Light Co.) and the Helena Gaslight & Coke Co.
STOCK & BONDS— M ile s . Date. Interest. Outstand’g.
Maturity.
Stook.......................................... ............ $1,000,000 .................
Helena Gas-Light5 .......
1890 6 J - J
175,000 July 1,1910
& Coke 1st Mort. (Interest at Minneapolis Trust Co., Minneap.,Mmn.
Helena Power & L ’t < 20 1895 5 per ot.
425,000 Jan. 1,1925
consol, mortgage.. ( Trustee, Central Trust Co., N. Y. City.
R o a d — In November, 1898, owned about 24 miles of trolley track
OFFICERS— President, H. M. Parcjien; Vice-President, T . A . Marlow!
Treasurer, Herman Gans; Se^j^apy, H. L. Walker.
KY.
P opulation 1890 w as 8,835; in 1880 w as 5,365;
AND in 1870 w as 4,171.
H E N D E R S O N E L E C T R IC ST. R Y . - T r o l l e y .
O rganization —I ncorporated Feb. 13, ’86, under a perpetual charter.
STOCK & B onds —
Date. Interest. Outstand’g
Maturity.
Stock (par, $100) ..........................................
$50,000
....... .
Consol, more.,$60,000, cur. )
1897
6 J-J
50,000 Jan. 1, 1912
$500........................ ..c* j Int. at Louisv. Tr.,Louisville,Ky.,Trustee.
Road — Owns about 5 miles of track.
E arning s —F or fiscal year ending June 30, 1897, earnings were
“ sufficient to cover fixed charges and interest.”
OFFICERS—President, E. P. M illett; Vice-President, E. W. Whlteby,
Secretary, E. G. Sebree, Jr.; Treasurer. D. Bank, Jr.
H E R K IM E R , N. Y .
P o pulatio n
in 1990 w as 4,666.
H E R K IM E R M O H A W K IL IO N & F R A N K
FORT E L E C T R IC RY.—
ORGANIZATION— Consolidation in February, 1895. On July 1,1897
owned 5% miles of track; 6 motor and 6 trail cars. Capital stook,
$150,000; par, $100. First mortgage, $150,000, fives of 1895, J. & J.
due 1925; interest at Farmers’ Loan & Trust Co., N. Y.
For year ending June 30, 1898, gross, $38,631; net, $20,244;
charges, $10,308; dividends, $9,000; bal., surplus for year, $936.
In 1896-7, gross, $41,348 ; net, $21,391; interest, etc., $10,434; divi
dends, $9,000; balance, surplus, $1,957. President, J. Ledlie Hees,
Mohawk, N. Y.
H IN G H A M , M A S S .
P o pulatio n 1890
w as 4,564; in 1880 w as 4,485;
and in 1870 4,422.
H IN G H A M STR EET
R Y . —A trolley road.
Early in 1898
purchased ihe Hull St. Ry. (2 miles), and the Nantasket Electrio St.
Ry. (1% miles), for which purchases the Hingham stook for $28,500
and bonds for $14,000 wereissued and the H ull mortgage for $20,000
assumed.
STOCK & B onds —
Date.
Interest. Outstand’g.
Maturity.
Stock.......................................................
$188,000
...................
First M., $200,000, gold 1896
5g. J-D
154,000
June 1,1916
Hull St. Ry. first mort
gage assumed........... 1891
6g. J -J
20,000
July 1,1911
Owns 18 miles of track, including H ull and Nantasket lines. Con
nects with Quincy & Boston St. Ry. for Boston and with Braintree St.
Ry., Brockton St. Ry., etc.
EARNINGS—Year ending Sept. 30,1898, gross, $47,398; net, $11,704;
interest and taxes, $10,772; balance, surplus, $932.
OFFICERS—President, S. R. Anthony; Treasurer, W. A. Tucker. Offioe,
53 State Street, Boston.
ORGANIZATION —Commenced-operation May 27,1896.
H O B O K E N , N. J.
P o pulatio n 1890
L E H IG H TR A C T IO N C O -
HENDERSON,
43
RAILWAYS.
was 43,648; in 1880 w as 30,999;
and in 1870 w as 20.297.
N O R T H H U D S O N C O U N T Y R Y.—
An electric road
ORGANIZATION— Owns about 50 miles of street and elevated tr >
)ley
ines in Hoboken, W. Hoboken, Jersey C., U. Hill, Weehawken, Guttb’g
and North Bergen, N. J., and vicinity. Besides roads owned in fee,
controls Hudson & Bergen Traction Company, owning Jan. 1,1898, l 1
«
miles of track and having $25,000 of paid in capital stock and $74,461
of debts; also the Pavonia Horse RR., owning 4 miles of track and
having outstanding $45,000 of full-paid stook, all owned by the North
Hudson County RR. Co. Road runs through Hoboken, Jersey City,
West Hoboken, Union Hiil, Guttenberg, Weehawken, Fort Lee, etc. In
January, 1898, the funded debt aggregated $4,337,000; “other debts,”
$358,187; cost of road and equipment, $5,706,742.
STOCK & B onds —
Date. Interest. Outstand’g. Lastdiv.,d<
Stock auth’d $1,250,000 ($25)
See text. $1,000,000
1892,1
1st mortgage ($1,000)................. 6 J. - J.
620.000 Jan. 1,191 j
Consol, mort. ($3,000,000) > , aaa - T
T
$620,000 to retire 1st M. c* 5 Uja8 ° J ’ - d * 2,378,000 July 1,1928
835.000 May 1,1904
2d mortgage ($1.000)......... 1894 5 M. - N.
Debenture 6s ($1,000)..........1892 6 F. - A.
404.000 Feb. 1,1902
A n n u a l R eport —R eports for je ars ending Deo. 31 show:
Gross.
Net.
Charges.
Balance.
1897....................$923,100
$296,063
$266,426
snr.$29,637
1896.................... 906,985
277,660
257,137
sur. 20,523
1895.................... 871,273
2 51,443
246,648
sur. 4,795
OFFICERS— President,M.Tierney; Secretary,F . J . Mallory; Treasurer,
Nicholas Goelz; General Manager, W. H. Starr. INDEX— V. 62, p. i l l .
B E R G E N C O U N T Y T R A C T IO N -A trolley road.
ORGANIZATION—Began operating April 20,1896, road from Fort Lee,
opposite 125th Street, N. Y., to Englewood, N. J., Leonia, Nordhoff,
etc. 9 miles of track in operation Nov. 1, 1898, and three miles addi
tional, Leonia to Hackensack, expected to be completed by Jan. '1,
1899. Ferry connects line with N. Y, City. Stock authorized, $500,000; issued $200,000. 1st mortgage, $500,000; Land Title & Trust
Co., Philadelphia, trustee; none issued Jan. 1, 1898; “ other debts,”
$72,260. For 8I3 months ending Dec. 31,1896, gross, $22,319. Cal
endar year 1897, gross, $39,288; net, $2,772. President, Jacob E.
Ridgway, Philadelphia.
H O L Y O K E , M ASS.
P o pulatio n 1890
w as 35,528 ; in 1880 w as 21,915 ;
and in 1870 w as 10,733.
H O L Y O K E STR EET R A IL W A Y — rolley.
T
O r g a n iz a t io n —In
corporated Ju e1 1 , 1884. Populationin 1895
n
given as40,322.
*
STOCK—
Date. Interest.
Outstanding. Last div., etc.
Stook, $500,000 ($100).............
J-J
$400,000 June 30,’98,4%
5 A -O
Bonds ($500, etc.)......... 1895
250.000
Apr. 1,1915
Leased line rental, Mt.
Tom RR. Stook, 6 p. c...........
6
100.000
....................
In 1896 $150,000 of stock was issued for construction, etc., and 6
miles of track were built. In March, 1898, the Mass. RR. Commis
sioners authorized the increase of the capital stook from $400,000 to
$500,000. This increase will be made in July, 1898, to capitalizethe
floating debt. V. 66, p. 616. The loans payable were $141,200 Oct.,
1897.
Dividends—In 1892 to July, 1898, inclusive, 8 per cent yearly.
R o a d —In October, 1897, was operating 30 6 miles of track. Oper
ates Mt. Tom (incline) RR., 4,900 feet long, under a 25-year lease.
44
STREET
RAILWAYS,
E arnings For years ending Sept. 30 earnings have been:
.
* 1897.
1896. I
1897.
1896.
Gross earnings.$216,684 $173,539 Dlvs.paid (8 p.e.)$32,000 $20,000
...... 65,960
60,810 I Bal., sur. for year 4,315
18,423
Int., taxes, &o.. 29,645
22,387 1
m ' m
Bai. for div’nds. 36,315
38,423
- j --------- .
oo,-i^a i T’lsur. Sept.30.$36,604 $50,449
O fficers —P resident, General Manager and Purchasing Agent, Win,
S. Loomis; Treasurer, Wm. R. Hill.—V. 66, p. 616.
HOM ESTEAD, PA.
P o p u l a t io n 1890 w a s 7,911; a n d in 1880 w a s 592
H O M E ST EAD & H IG H L A N D S STREET
R A I L W A Y — e M on ela S
S e on gah
treet R Pittsbu
y.,
rg, Pa.
H O O S IC K F A L L S , N. Y .
P o p u l a t io n 1890 w a s 7,014; an d in 1880 w a s 4,530.
B E N N IN G T O N & HOOSICK V A L L E Y R Y A trolley road.
O r g a n iz a t io n —A consolidation in October, 1897, of the Hoosick
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 im
provements. Total population served July 1, 1898, 25,000 to 30,000.
STOCK & B o n d s —
Date. Interest. Outstand’g. MaturityStock, com., $130,000 ($100)................... .
$130,000 ................
Pref., n n m n n
o -cu ., o -votin
g,
Interest at International Trust Co., Boston, consol, mort. trustee.
Bonds—Consol. 5s can be called for payment at 105 after 1916. Sink
ing fund of 15 per cent of net earnings begins in 1899, and after Jan.
1906, is limited to 5 p. c. of outstanding bonds. Consols for $150,000'
reserved to retire the old Jrst 7s, $137,000. The mortgage is a first
lien on about 26 miles; bonds authorized at $10,000 per mile on new
construction. In May, 1898, it was stated that plan would be pro
posed to retire the 1st M. 7s by sale of the 5s held by trustee for that'
purpose.
Road —The property in Dec., 1897, consisted of 34 miles of track;
and 8 miles under construction; 65 motor cars, 20 trailers and 800 city
lots and other property valued at $140,000.
EARNINGS—From Jan. 1 to Sept. 30, gross, $146,607 in 1898; $140,.
006 in 1897.
R eport —Report for 1897 was in V. 66, p. 950, and showed Jan. 1
1898, cash on hand, $3,034; bills payable, $8,930. Earnings for years*
ending Dec. 31:
Gross.
Net.
Other ine. Int. < tax.
6
Bal.,sur.$64,048
$2,039
$54,442
$11,64&
1897.........$189,857
1896......... 202,240
76,479
1,680
1T22.272
55,887
ITIncludes interest ($15,372) only from Sept. 1,1896, 4 months.
OFFICERS—President and Treasurer, A. N. Parlin; Secretary and;
Assistant Treasurer, H. C. Chase; General Manager, H. F. McGregorDIRECTORS—A. N. Parlin and George E. Smith of Boston; Austin
Corbin of New York, and H. C. Chase, J. H. Kirby, T. W. House, W. D.
Cleveland and E. 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.
5 per cent ($100)......................................
30,000 ................
„
,
ij
C1894
6 J-J
60,000 July, 1924
Hoosick Ry. 1st M., g. ($500). < Subject to call at par for s. f. after 1904
H O USTON H E IG H T S E L E C T R IC ST R E E T
t Int. atlntern’lTr. Co.,trus., Bost., Mass.
Ben. & H. V. 1st M., $250,000, (1897 5g. J-J
$100,000 Jan.1,1928 R A I L W A Y gold ($500 and $100).........( Int. at Intern’l Trust, Boston, trustee.
O r g a n iz a t io n —This line starts from the manufacturing portion of
ROAD—lO 1 miles long.
^
Houston Heights, extends through the residence district, and termin
EARNING— For 4 months ending July 1,1898, when middle 5 miles ates in the centre of Houston, affording rapid transit to and from all
were completed and whole road opened for traflio, gross, $8,496; net, portions of the Heights. It was leased to the Houston City Railway.
$3,459. Earnings during July, 1898, averaged $115 daily.
Rental received for year 1894-95 was $13,967. Mortgage is for $100,President, George E. Greene; Vice-President, W. M. Holmes; Treas 000 and is dated 1893; interest in default since May 1, 1895. Injunc
urer, I. E. Gibson; Sec., E. L. Bates; General Manager, C. B. Story.
tion granted trustee in March, 1897, restraining sale of the nine cars,
D irectors —G alen O. Moses, Edward L. Bates, Irving E. Gibson, under a judgment.
William C. Geer, George E, Greene, JQ»eph Buckley, Watson M. Holmes’
Levi E, Warden, and G, Frank Rising,
H O R N E L L S V 1 L L E , N. Y .
P o p u l a t io n 1890 w a s 10,996; in 1880 w a s 8,195;
a n d IN 1870 w a s 4,552.
H O R N E L L S V IL L E E L E C T R IC R A I L W A Y
—A trolley road.
ORGANIZATION—Chartered Dec. 16,1891. Road completed in 1893.
STOCK & B onds —
Date. Interest. Outstand'g.
Maturity.
Stock, $50,000 (par, $100)............................
$50,000
..........
1st mortgage ($500)............. 1892 5 J-J
50,000 July 1,1912
2d mortgage ($500).............. 1895 , 6 J-J
20,000
1915
Interest is payable at the Fourth National Bank, New York City.
Road—Single track main line in city, 4-34 m iles; branch line, '50;
sidings, '22; total of all, 5*06 miles.
Earnings—For years ending June 30:
Gross.
Net Other ine. Int. tß taxes.
Balance.
1897-98....... $10,904 def.$987
$7,054
$4,111
sur $1,956
1896-97....... 11,896
406 1,551
4,258
def. 2,301
O fficers — President, Charles Adsit; Vice-President, F. D. Sher
w ood; Secretary, De Merville P a g e ; Treasurer, George T. Rehn.
H O R N E L L S V IL L E
W A Y — trolley road
A
.
&
CANISTEO
R A IL
O r g a n iz a t io n , E t c .— Chartered May 2, 1893, and owns 4*32 miles
of main track and *01 miles of sidings. Stock is all closely held.
STOCK & B o n d s —
Date. Interest. Outstanding. Maturity.
Stock, $50,000, par, $100..............................
$50,000
................
1st mortgage....................... 1892
6 A&O
50,000 Oct. 1,1912
...............
Canisteo Valley Ry. bonds.. .......................
5,500
E a r n in g s — For years ending June 30:
Gross.
Net.
Other ine. Int. d tax.
t
Balance.
$394
$19
$4,844
def.$4,4 31
1897-98.......... $15,433
1896-97.......... 15,644
6,373
30
4,426 sur. 1,977
OFFICERS—President, D. M. Page; Secretary, Charles Adsit.
H O T S P R IN G S , A R K .
P o p u l a t io n 1890 w a s 8,086; in 1880 w a s 3,554;
a n d in 1870 w a s 1,276.
HOT SPRING S STREET R A IL R O A D — Trolley.
r g a n iz a t io n — Chartered in 1894; successor to Hot Springs Electric
Street Railway.
STOCK & B o n d s —
Date. Interest. Outstanding.
Maturity.
Stock, $500,000 ......................................
$200,000
.............
1st mortgage, gold......... 1894 6g. J-D
200,000
June 1,1924
Other indebtedness Aug.,
1898.....................................................
None
.............
Trustee is St. Louis Trust Company, St. Louis, Mo.
R o a d — Operates 11*8 miles offtrack.
OFFICERS—President, S. W. Fordyce; Secretary, C. E. Maurice;
Treasurer, General Manager and Purchasing Agent, C. G. Convers.
O
HOUSTON, TEX AS.
P o p u l a t io n 1890 w a s 27,557; in 1880 w a s 16,513;
AND IN 1870 WAS 9,382.
H O USTO N E L E C T R IC STR EET R A I L W A Y
—A trolley road.
ORGANIZATION— Successor in September 1,1896, to the Houston City
Street Ry., which was sold in foreclosure May 6,1896. V. 61, p. 925
N E W STOCK & B o n d s —
Date. Interest. Outstand'g Maturity.
Stock, $2,000,000 ($100).............
J.-J.
$428,000 ............. "...
1st mort. on part of prop... 1884 7—J.-J.
137,000
1899
.Con. M h s. f., $1,000,000)
1896 5 g. M-S
730,000 Sept. 1,1921
gold ($500).............. o'S
Subject to call at 105 after 1916
Income mort.....................
1896
p. c.
$775,000 ................. .
H U D S O N , N. Y .
P o p u l a t io n 1890 w a s 9,970; in 1880 w a s 8,670;
a n d i n 1870 w a s 8,615.
.H U D SO N STR EET R A I L W A Y —
" O rganization .—Incorporated in 1897. Successor to Hudson Elee*
tric"Ry. sold in foreclosure Mar. 6, 1897. Purchased in 1898 b y
(îïïarles J. Cooper, of Brooklyn, N. Y., who, it was said, also becamesole owner of the Hudson Eleotric Light & Power Co.—V. 67, p. 634
Road is 2*15 miles long, with *25 mile sidings.
Instock is $50,000. First mort. $1,000 each; total issue, $50,000 cur
rency, c*; dated 1897; due May 1,1907, 6p. o.,M. & N., at National
Hudson River Bank, Hudson, N. Y.; mortgage trustee, C. H. Evans,,
Hudson. Bonds subject to call at par on any interest day on 60 days
notice. In year 1896-97 gross, $12,621; net, $1,683. In Aug., 1898,.
control had been sold to New York parties, but no change had been
made in board of directors or officers.
DIRECTORS.—William H. Traver, Samuel R. Rainey, Benoni 8. John
son, Robert W. Evans, William A. Harder, Jr., Smith Thompson,.
William W. Brownell and Charles S. Rogers, of Hudson and John E..
Gillette, of Catskill Station. V. 67, p. 634.
H U L L , M ASS.
P o p u l a t io n 1890 w a s 989; i n 1880 w a s 383 ;
AND i n 1870 w a s 261.
H U L L STREET R A I L W A Y —
In 1898 this road was purchased by the Hingham'St. Ry.—which seeo.
Y early E a r n in g s — For fiscal years ending September 30:
Tears end. Sept. 30 :
Gross.
Net.
Int. < taxes. Bal. sur.
&
$2,196
$1,564
sur.$632
1896-97......................... $5,360
1895-96......................... 5,594
def.42
931
def.973-
H U N T IN G T O N , N. Y .
P o p u l a t io n 1890 w a s 3,028; i n 1880 w a s 2,952 :
AND in 1870 w a s 2,433.
H U N T IN G T O N
R A I L R O A D —A trolley road.
ORGANIZATION— Chartered in May, 1890. The securities, earnings*.
etc., are as follows. In 1898 the Long Island RR. purchased almost^
the entire capital stock, and converted road into a trolley line, being
opened as such June 17,1898. See L^IPitR. item, V. 66, p. 1189.
Stock ($30,000)p a r$100..$30,000
EARNINGS—Year ending June 30: 1898.
1897.
1st mortgage 5s, J&D...... 26,000
Gross.................. $4,737
$4,381
(Due in 1920.)
1,540«
Interest is payable at the Atlantic Net..................... 1,193
1,531
Trust Company, New York City. Charges.............. 1,300
D ividend.....(21
a%)600 (3%)90©
R o a d — Owns 3 miles of track.
Balance............. def.707 def. 89 >
Pres., W. H. Baldwin, Jr.; Sec. and Tieas., A. C. Bedford, 26 Broad
way, New York.
I N D I A N A P O L I S , IN D .
P o p u l a t io n 1890 w a s 105,436;.i n 1880 w a s 75,056;
a n d IN 1870 WAS 48,244.
C I T I Z E N S ’ STREET. R A I L R O A D
OF
I N D I A N A P O L I S —A trolley road.
ORGANIZATION— Incorporated April 24, 1888. Formed in 1893 to.
control street railways in Indianapolis. In .May, 1897, a change of
management took place and Mr. Crossan (who resigned Jan., 1898),
was electe President in place ©»
r. Mason.. V. 64 p, 951. Unitech,
STREET
States Supreme Court in April, 1897, decided that company’s charter
does not expire before January, 1901—see V. 64, p. 799.
In April, 1897, Judge Showalter in the U. S. Circuit Court declared
the three-cent fare bill passed by the Indiana Legislature early in 1897
to be unconstitutional and granted an injunction forbidding the Citi
zens’ St. RR. to charge less than five cents. In June, 1897, the
Supreme Court of Indiana declared the law to be Constitutional, but
Judge Showalter in July refused to change his former opinion and
continued his injunction. Appeal from Judge Showalter’s decision to
the U. S. Court of Appeals by the city of Indianapolis was decided
in favor of the railroad in Dec., 1897.—V. 64, p. 842,1180; V. 65, p.
51,181,1172.
STOCK & B onds —
Bate. Interest. Outstanding. Dividends,&c.
Capital stock ($100).............
..... $5,000,000
....
Citizens’ St. Ry. ($1,000).. 1881 6
J -J
300,000 July 1,1901
Citizens’ St. RR. ($1,000)) 1892 6
J- D
700,000 June 1.1900
extendedsubjecttocali s Interest at 1 1 Trust & Sav. Bank, Chicago.
1.
Citizens’ St. Ry. consol.) 1893 5 g. M -N
3,000,000 May 1,1933
m. $4,000,000 gold, .o* j Trustee Solicitors’ Loan & Trust Co. of Phila.
Interest due May and November on consols of 1893 is payable at
Fourth Street National Bank, Philadelphia.
Bonds—Consols are exempt as to principal and interest from any
tax which company may be required to pay. The $700,000 2d 6s were
extended two years to June 1,1900. V. 67, p. 28.
R o a d — In March, 1898, the company owned, controlled and operated
about 100 miles of road.
E arnings —For year ending Dec. 31,1897, reported to have earned
all of fixed charges, taxes, and a balance for stock.—See V. 65, p. 1071.
For fiscal years ending April 30, gross earnings w ere: In 1897-8,
$978,964; in 1896-7, $922,727; in 1895-6, $956,105; in year 1894
gross were $850,215, against $812,111 in 1893; net, $383,246, against
$251,226.
After payment of fixed charges due May 1,1898, Company was re
ported to have over $100,000 cash on hand, more than 2 per cent on
capital stook. The floating debt was paid off early in 1898.
DIRECTORS (elected May, 1898)—W. W. Kurtz, R. H. Rushton, W. C.
Houston, Joseph B. Neff, B. M. Gaskill, J. Levering Jones and W. J.
Turner.—V. 66, p. 81,759, 856, 900, 953; V. 67, p. 28.
IN D IA N A P O L IS & BR O A D R IP P L E R A P ID
TR A N SIT— trolley road
A
.
ROAD—Embraces, it is said, 7 miles of track. Stook authorized,
$300,000; issued, $100,000; 1st mortgage gold 6s of 1895, due 1925,
$400,000; trustee, State Street Safe Deposit & Trust Co., Boston.
RECEIVERSHIP—In March, 1897, receiver was applied for; indebted
ness is said to be $186,385; V. 64, p. 664.
President, R. T. McDonald.—V. 64, p. 664, 754.
IR O N D E Q U O IT , N. Y .
R A IL
ORGANIZATION— Chartered May 19,1893, and Nov. 1,1893, leased the
Rochester & Lake Ontario Railway at the rate of 15 per cent per
annum on its capital stook of $65,000.
In April, 1898, property was
leased to the Rochester Ry. for 10 years. In Nov., 1898, it was
reported that the road was to be equipped electrically. Its securities,
road, earnings, etc., are as follows :
Stock ($700,000)par$100.$700,000
EAR NINqs—Y ears ending June 30:
1897.
1896.
1st mortgage 5s. A & O ___ 350,000
Gross.................. $36,454 $43,248
(Due Oct. 1,1933.)
Bills payable June 30,’97.$205,000 N et................
7,080 15,506
ROAD—Owns 9 miles of single Other income....... 11,306 24,036
track; leases 6‘046 miles single Charges & taxes.. 37,634 37,554
track and *370 miles of sidings.
Balance.......... def.19,248 sr.1,988
IR O N W O O D , MICH.
P o p u l a t io n 1890 w a s 7,745.
T W IN CITY G E N E R A L E L E C T R IC —
STOCK & B onds —
Dale. Interest. Outstand’g. Maturity.
Stock............................................................ $400,000 .................
Twin City Ry. 1st M. gold.. 1891 7 g. M - N
25,000 Nov. 2,1911
Mortgage, $125,000......................................
100,000 ................. .
Old Colony Trust Co., Boston, is trustee of $125,000 mortgage.
Road — Owns 71 miles of traok.
a
EARNINGS— For year ending Nov. 30,1897, gross from lights, $46,881; from railway, $15 439; total, $62,320; net after paying interest,
etc., $11,821. In 1895-6, total gross, $63,014.
OFFICERS —President and General Manager, E. D. Nelson; VicePresident, H. M. Byllesby; Secretary and Treasurer, H. F. Jahn.
I T H A C A , N. Y .
P o p u l a t io n in 1890 w a s 11,079; i n 1880 w a s 9,105;
a n d in 1870 WAS 8,462.
IT H A C A STREET R A I L W A Y ORGANIZATION— Chartered Nov. 18,1884. Changed ownership about
May 1,1892, and property reconstructed. Leased the Cayuga Lake
Electric |Railway in June, 1894, for 49 years upon the terms that it
shall pay principal and interest of the leased roads, $25,000 first mort
gage. Owns 6 miles and operates 7'5 miles of track, extending to
Cornell University eampus, railroad stations and steamboat landing
Date.
Interest. Outstand’g.
Maturity.
S to ck & B onds - ........................
$300,000
(i)
Stook, $300,000,pr.$100
1892
6J - J
175,000 July 1,1922
1st mortgage................
Int. payable at Farm. L.&T. Co., N. Y. City.
2d mortgage................
1894
6J - J
$75,000 July 1,1922
C a y u g a L.Eleo.l s t M.,gu
1894
6J -D
25,000 Junel,1922
Loans and bills payable June 30,1897, $17,952.
Stock—In 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. o.; 1897,(1)
B o n d s — 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 Co. cover the above properties.
E arnings —For fiscal year ending June 30,1897, Street Ry. gross
was $70,935; net, $28,634; other income, $11,930; interest and taxes,
$19,106; dividends (2^% ) $7,500; balance, surplus, $2,027. For year
Gross.
Street Railway receipts......$61,425
Brush-Swan Eleotrio Light.. 28,052
Ithaca Transfer Co............. 5,324
Net.
Int. d taxes. Surplus,
k
$28,681
$17,595
$11,087
11,933
75
11,858
1,147
26
1,119
Totals........................... $94,801
$41,761
$17,696
$24,064
President, Edward G. Wyckoff; Secretary, William J. Hand, Scran
ton, Pa.; Treasurer and General Manager, A. Bergholtz,
J A C K S O N , MICH.
P o p u l a t io n 1890 w a s 20,798; in 1880 w a s 16,105;(
a n d IN 1870 w a s 11,447.
JACKSON STR EET
> ’ ,4
R A I L W A Y - A trolley road.
O rganization — Chartered Aug. 24, 1881. In September, 1897, W .
A. Foote, as receiver, was authorized to borrow $16,000 for repairs.
Road expected to be sold about October, 1898.
J A C K S O N V IL L E ,
ILL.
P o p u l a t io n 1890 w a s 12,935; in 1880 w a s 10,927;
a n d in 1870 w a s 9,203.
J A C K S O N V IL L E
R A I L W A Y —A trolley road.
ORGANIZATION— Chartered Feb. 25,1867. Special perpetual charter.
STOCK & Bonds —
Date. Interest. Outstanding. Maturity.
Stock$50,000,p a r $50... .......................
$33,450f . p .....................
1st mort., $75,000, gold.. 1892 6 g J - J
35,000
Jan. 1,1912
Trustee is St. Louis Trust Co., of St. Louis, Mo. The bonds are not
subject to call before maturity.
R o a d — In August, 1898, owned 5 miles of track.
OFFICERS— President, Wm, S. Hook; Secretary, Marcus Hook; Treas
urer, Francis Hook; Superintendent, Marcus Hook.
J A M E S T O W N , N. Y .
P o p u l a t io n 1890 w a s 16,038; in 1880 w a s 9,357;
a n d IN 1870 w a s 5,336.
P o p u l a t io n 1890 w a s 2,415; in 1880 w a s 1,986;
a n d in 1870 w a s 3,990.
R O C H E ST E R & IR O N D E Q U O IT
R O A D —A trolley and steam road.
45
RAILWAYS.
JAM ESTOW N
STREET
R A I L W A Y - A troller
road.
ORGANIZATION—Incorporated Oct. 18,1883. Franchise runs till 1982
Population served said to be upward of 28,000.
STOCK & B onds —
Date. Interest. Outstanding. Maturity. <
.............
Stock ($250,000) par $50..........................
$100,000
1st M. $300,000 gold, o*5 1893
6 g J -J
300,000 Jan. 2,1923
$1,000........... ............ ( Interest payable at State Trust Co., Trustee.
Bills payable June 30,1897............................. $192,667
Open accoimts, net.................................... .
56,157
The mortgage is limited to $300,000 and covers all property and
rights now owned or hereafter acquired.
In December, 1896, stook for $150,000 was in treasury subject to
issue when necessary to balance advanoes made to company for
construction.
EARNINGS—Year ending June 30,1898, gross, $88,142; net, $27,672;
other income, $2,760;interest 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 18‘67 miles of traok, of which 3 miles is second traok.
OFFICERS
President, A. N . Broadhead ; Vice-President, L. B.
Warner; Secretary, W. S. Cameron; Treasurer, S. B. Broadhead.
Superintendent and Purchasing Agent, G. E . Maltby.
J A N E S V IL L E , W IS .
p o p u l a t io n
1890 w a s 10,836; in 1880 w a s 9,018
AND in 1870 WAS 8,789.
J A N E S V IL L E STREET R Y.— trolley road.
A
ORGANIZATION—Chartered in 1886. Franchise runs till 1916 and
gives exclusive rights to operate street railway in the city.
STOCK & BONDS—
Mis. Date. Interest. Outstand’g. Maturity«
Stook $50,000, par $100................................. $50,000f.p...................
1st mortgage.................. 6
1892 6 A - O
75,000
Oct. 1,1912
Mortgage trustee is the Finance Company, Philadelphia, Pa.
Dividends in 1892, 6 per cent; in 1893, 2 per cent; in 1894, none.
EARNINGS— La 1893 gross, $12,691; net, $1,640.
ROAD— Owns 6 miles of track. Rail, 35-lb. T>
O fficers — President, G. W. Blabon, Philadelphia, Pa.; Vlce-Pres*
James Shearer; Sec. and Treas., E. L. B labon; Supt., Ferd. Green.
J E F F E R S O N V I L L E C IT Y , IND„
P o p u l a t io n 1890 w a s 10,666; i n 1880 w a s 9,357;.
AND i n 1870 w a s 7,254.
J E F F E R S O N V IL L E CITY R A IL W A Y .—
ORGANIZATION—Incorporated January 14,1889. Sold in foreclosin'*
in August, 1896, to Edward Howard for $8,200.
ROAD—0|«rated 5 miles of track with mules. Office, 57-59 Spring St.
O f f ic e r s — President, E. J. Howard; Superintendent, E. Frazer.
STEEET
46
J E R S E Y C IT Y , N. J.
P o p u l a t io n 1890 w a s 163,003; in 1880 w a s 120,722;
AND in 1870 w a s 82,546.
RAILWAYS.
Total cost of road and equipment to Jan. 1,1898, $1,442,298.
(3)
N E W A R K PASSENGER R A IL W A Y —Mostly electric.
ORGANIZATION— Incorporated June 16, 1890.
On July 29, 1893
leased to New Jersey Traction for 999 years, and so controlled by the
ORGANIZATION—In January, 1898, the North Jersey Street Railway Consolidated Traction Co. of New Jersey, as below stated, the N. J
lahsorhed the Newark & South Orange, 18 miles, and In May, 1898, Traction Co. having been leased to the Consol. Traction Co. of N. J
aased the lines of the Consolidated Traction Co. for 999 years.—V. 66, Jan. 2,1894, for 999 years. Charter said to be perpetual.
p. 664, 955,1141.
L ease AND R e n t a l —R ental under the lease, $105,000 yearly.
In July 1898, It was stated that the Orange & Passalo Valley Ry.
Par. Interest. Outstanding.
S tock & B onds —
$6,000,000
$100 Text.
was controlled by or would have harmonious relations with the North Stock.
C ..
F -A
100,000
6
Jersey Street Ry. and intended to extend its line fro n Bloomfield to
<6 A - 0
496,500
connect at Upper Montclair with the North Jersey line building from
J § | 1Int. at Manhattan Tr. <
1 lß rH 7
J -D
200,000
Montclair to Passaic and south from Orange Valley to South Orange.
1ce-«- 6
M -N
753,500
Essex Pass. cons. M.
—V. 67, p. 75.
J -D
50,000
Newark & Irvington 1
1,000 6
STOCK & B onds — Miles. Date. Interest. Outstanding. Last div., etc. Newark Passenger cc
4,250,000
1,000 5g. J - J
Stock........................................................
$5,000,000
................
1890, $6,000,000 g.. .c* 3 Trustee Solicitors Loan & Trust Co.. Phila.
1st M., $15,000,-)
lfiq 8
4g. M -N 6.500,000 May 1, 1948
The $6,000,000 stock is all deposited as security for the Consolidated
ooo, g„ $1.000
Manhattan Trust Co., N. Y., trustee.
Traction Co. first mortgage.
Interest on consol. 5s is payable in Philadelphia (at the People’s
Interest at Fidelity Title & Deposit Co., Trustee, Newark, N. J.
Bonds—In May, 1898, made a mortgage to the Manhattan Trust Co., Bank, 435 Chestnut street); on other bonds at Manhattan Trust
as trustee, to secure $15,000,000 50-year gold bonds, bearing 4 per Co. of New York. The consols are guaranteed principal and in
cent interest after May 4,1899.—V. 66, p. 1046. In Sept., 1898, the terest by the Consolidated Traction Co. of New Jersey, and in Feb
$1,600,000 Newark & South Orange 5s of 1892 were paid and the ruary, 1895, the guaranty was stamped on the bonds.—V. 59,
Oonsol. Bonds—Of the $6,000,000 consols, authorized $1,600,000 are
mortgage securing them canceled. V. 67, p. 530.
ROAD—Owns 28 miles of track, and leases system formerly operated reserved to retire liens. The consols, are to be paid, principal and
by Consolidated Traction Co., 187 miles; total, 215 miles. In Nov., interest, without deduction for any tax.
Jan. 1,1898, total funded debt was $5,850,000 (no other debts re
1898, repo 1ted to have arranged for an additional new route on the
ported) and total cost of road and equipment was $11,850,000.
west side of southern Jersey C ity; also an extension in Irvington.
Dividend.—First dividend (1 per cent) was declared in June, 1894.
EARNINGS—Of the old Newark & South Orange road (18 miles):
Road —January 1,1898, aggregated 83 miles of track.
1897.
1896. I
1897.
1896.
From pass’gers.$294,535 $289,705 Op.exp.<fcrep’rs.$l>-0,626 $188,989
EARNINGS are included in reports of Consol. Traction Co. of N. J. and
Other income...
2,938
1.810 |Dividends.......
30,000
30,000 are not reported separately— V. 59, p. 969.
For earnings of Consolidated Traction Co. see next page.
(4) RA PID TRANSIT STREET R A IL W A Y .
OFFICERS (May, 1898).—President, Edward F. C. Young; Vice-Presi
ORGANIZATION— In February, 1892, leased to Newark Passenger hall
dent, David Young; Secretary, Wilbur F. Johnson; Treasurer, E. N.
Hill; Auditor, E. H. Hibbs —V. 66 , p. 277, 573, 664, 955, 1046,1141; way, and included with it in lease to New Jersey Traction, and so forms
part of Consolidated Traction system. Rental is 11% per cent on
V. 67, p. 75,530.
stock, besides interest, taxes, etc.
( 1 ) CONSOLIDATED T R A CTIO N OF N E W J E R S E Y STOCK, BONDS, Et c *
—Par.
Interest.
Outstanding. Last div., etc
Stock, trustees’ certs............ 1 1 % J -D 3 0
$504,000
See text.
ORGANIZATION—Incorporated in March, 1893, to acquire control of
(1,000 5 g A -O
500,000 Apr. 1,1921
street railways in New Jersey. System reaches from Jersey City to 1st M. $500,000, g ;. o* < Subject to call at 110 & int. any time after Ap n 1
Newark, Orange, Elizabeth, Bloomfield, etc.; also carries passengers
( 1,1901. Interest at office of Fidelity Trust A
Deposit Co., trustee, Newark, N. J.
to Passaic, thence by steamer to Bay'Ridge, L. I., and via Long Island
Total cost of road and equipment to Jan. 1,1897, $1,004,000.
RR. to Manhattan Beach and Coney Island. V. 65, p. 277.
Dividends of 11% per cent yearly are guaranteed by the Newark
On June 1, 1898, the property was taken over by North Jersey Trac
tion Co., which assumed all its obligations, under a 999-year lease that Passenger and New Jersey Traction companies upon the trustees’ cer
guarantees 2 per cent on the stock for the first year, this rate increas- tificates issued for stock. Miles of track 12’07.
ng gradually until 4 per cent is reached at the end of eight years, 4
U N IO N T R A C T IO N CO. - A trolley road.
per cent being then guaranteed for the remainder of the lease.—V. 66
O rganization — Incorporated Nov. 2,1894. The main route is from
p. 1141.
Hackensack along the ridge between the Hackensack and Passaic
Dividends under lease will b e :
1899-1902,
1903,
1904-1905,
1906,
Thereafter, rivers, through the towns of Hasbrouck Heights, Woodridge, Carl2 per cent.
2*2 per cent.
3 per cent.
3 ^ per cent.
4 per cent stadt, East Rutherford, Rutherford, Lyndhurst, Kingsland, to A rling
S tock & Bon ds Jan.1,’98. Date. Interest. Outstanding. Divs., etc.
ton on the east side and to Belleville on the west side of the Passaic
Stock, all paid in....................................
$15,000,000
See text
River, 30 miles of track. The reorganization plans contemplate an
Underlying bonds—see below
___
.......
6,658,000
1st mortgage, gold........ )
1893 5 g J-D
____ 1,1933 8-mile extension from Arlington to Woodridge, N. J. (half double
14,712,000 June_
$15,000,000 ($1.000).. 3 Interest at Manhattan Tr. Co., N. Y., trustee. track, making 12 miles of completed road), 5 miles, into Hackensack.
Other debts Jan. 1,1898....................... .
$1,190,977
In August it was stated that a competent contractor had offered to
Cost of road and equipment to Jan. 1,1898..................... $37,132,552
construct and equip the extension —V. 67, p. 127, 275. In May, 1897,
Vnderlying Bonds.
Newark Passenger Ry. 1st consol. 5s, J&J, guar. p. & i ___ $4,250,000 began operating 8 miles of track (of which 4 double). Rails, 70 lb. steel
RECEIVERSHIP—Iu Jan., 1898, William M. Johnson was appointed
Interest at Peoples’ Bank, Philadelphia.
Newark Pass. Ry. sub. companies.....................................
1,600,000 receiver. On Nov. 11,1898, argument in foreclosure suit was heard
Jersey City & Bergen Railroad .................................. ..
258,000
P lans —The two plans of reorganization issued by the McCormick
Passaic & Newark Electric Traction................................
550,000
The gold bonds of 1893 are free from tax and secured not only by and Norton committees, respectively, were given in full in V. 67. p.
mortgage, but also by deposit of $1,000,000 stock of J. C. & Bergen 127 and V. 67, p. 275. See also V. 66, p. 1090. The depositaries for
RR., $161,625 stock of Newark Plank Road Co., $6,000,000 stock the respective committees are the Guaranty Trust Co., 65 Cedar St.,
Newark Passenger Ry., and $99,100 stock of Jersey City Harrison & N. Y., and the North American Trust Co., 100 Broadway, N. Y.
Miles
OutKearney Railway Co.
STOCK & B onds —
mort’d.Date. Interest, standing. Maturity.
Ro a d .—In May, 1898, the Consolidated Traction Company had in Stock ($1,500,000 au.) ($100)............................. See text..................
ISt mortgage ($1,000,000) ( (1) 1894 5g. J - D See text. Nov.26,’24
operation 193 miles of track, including:
(.$1,000 and $100) g ........ ( June, 1897, coupon last paid.
Boa Absorbed—
On Jan. 1,1898, receiver reported stock issued, “apparently,” $733,N. J. Traction C o ___Stock owned. J. C. Har. & K. RR...Stock owned.
Newark Pass’gor Ry. Stock owned. Newark Plank Road.Stock owned. 100; funded debt, “ apparently,” $852,000; “other debts,” $2,500. Of
J. C. & Bergen RR...Stock owned. Passaic & Newark ELStock owned. the $852,000 bonds, $434,000 are held as collateral to secure a debt of
Stock, debts and mileage of the leased and controlled lines:
$250,000—V. 66. p. 1090.
Stock
Debts.
OFFICERS— President, H. C. Adams, 37Cortlandt St., N. Y.; Vice-Presi
$500,000
New Jersey Traction Co................. ...None
dent, D. A. P e ll; Secretary, Frank Bourne; Treasurer, H. H. Cope
Newark Passenger R y ..................... 83
6,000,000
$5,850,000
504,000
Rapid Transit Street R y .................. 12
500.000 land. Local offices at Rutherford, N. J.—V. 59, p. 1059; V. 63, p. 516;
Jersey City & Bergen R R ................. 4113
1,000,000
258.000 V. 66, p. 1090,1142; V. 67, p. 127, 275, 1056.
Jersey City Harrison & Kearney Ry. 10
100,000
Newark Plank R o a d .........................
4*5
162,000
84,338
Passaic & Newark Eleo. Trao............ 10% 1,000,000
550,000
4,000 shares
Port Richmond & Bergen Pt. Ferry..........
E arnings — 10 months.> 1897-8..Gross, $2,561,381; net, $1.309 143
July 1 to Apr. 30.
3 1896-7..Gross, 2,360,815; net, 1,179,582
P o r t lation 1890 was 21,805; in 1880 w as 8,380;
For 3 months ending March 31, 1898, company earned surplus of
AND IN 1870 WAS 6,028.
13,978, against deficit $16,180 in 1897.
For the year ending Deo. 3 1: 1897.
1896.
1895.
JO H N STO W N P A S S E N G E R R Y.— trolleyroad.
A
From passengers................... $2,967,794
$2,779,264
$2,487,104
Other income.........................
25,658
STOCK & B onds —
Date. Interest. Outstanding.
Maturity.
21,318
20,452
Stock $250,000, par $50.......... . Text. $210,200
.............
T o tal................................ $2,993,452
General mort. $250,000,3 1890 6 M.-S
250,000
Mar. 1,1910
$2,800,582
$2,507,556
Operating expenses................ 1,447,517
$1,000...................... 0 ( Interest at Fidelity Trust, Trustee, Phila.
1,468,440
1,557,430
Bills payable June 30,1897 — ............................................... $96,140
Balance............................. $1,545,935
$1,332,142$950,126
Dividends—In 1892,6 per cent; in 1893, July 1 ,6p. c.; in 1894, July
1, 6 p. c.; in 1895, dividends paid in stock amounting to $25,200.
(2) JERSEY C IT Y & B E R G E N R A ILR O A D —
EARNINGS— Year ending June 30,1897, gross, $106,350; net, $50,157
Road —Owns from Jersey City to Bergen Point, etc., total track, 4113
miles. Controlled by Consolidated Traction Co., all the stock being interest and taxes, $21,432; dividends, $12,612; bal. surp. for year,
$16,113. In 1895-96, gross, $104,428; net, $49,237.
deposited as part security for the Traction Co. 1st mortgage.
Road —Operates 9% miles of road.
STOCK & B onds —
Date. Interest. Outstand’g.
Maturity.
OFFICERS— President. Tom L. Johnson, Cleveland, O .; Secretary,
Sto®k - - v ...... --- - - - - -...............................
$1,000,000 f.p................:.
1st mortgage ($1,000). .c*.1873 7 J. - J.
258,000
Jan. 1,1903 8. E. Youn g; Treasurer, Herman Banner, Johnstown.
N O R T H JE R SE Y STR EET R A I L W A Y —
JOH NSTOW N,
PA.
STREET
J O L IE T , ILL.
P o p u l a t io n 1890 w a s 23,264; in 1880 w a s 11,657;
a n d i n 1870 w a s 7.263.
JO LIET R A I L R O A D - A trolley road.
O rg anizatio n —I ncorporated 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. It was stated that $100,000 would he invested in
extensions during 1898. Population in 1897 (local census), 35,000.
STOCK & B onds —
Date. Interest. Outstand’g. Maturity.
Stock, $300.000............................................. $300,000 ...................
Joliet St. Ry. 1st M. $75,000. 1889
6 M -N
75,000 May 2,1904
Joliet RR„ 1st con. M., gold ( 1898 5 g. M -N
325,000 May 1,1918
$500,000 ($1,000 each)... 5 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.
E arning s —I n July, 1898, was reported to be earning upwards of
$40,000 net yearly: annual interest being $20,750. V. 67, p. 73.’
OFFICERS— President, W. F. Milliken, Portland, Me.; Vice-President
G. F. Duncan; Secretary, Edward Woodman, Portland, Me.; TreasurerH. P. Cox; Superintendent, C. C. Rush.—V. 66, p. 954 ; V. 67, p. 73.
K A L A M A Z O O , M ICH.
P o p u l a t io n 1890 w a s 17,853; in 18fl0 w a s 11,937;
AND IN 1870 WAS 10,447.
&
M IC H IG A N T R A C T IO N OF K A L A M A Z O O
B A T T LE CREEK-Trolley.
ORGANIZATION— A consolidation in 1897 of the Citizens’ Street Ry.
of Kalamazoo and the Citizens’ St. Ry. of Battle Creek.
Date. Interest. Outstand’g. Maturity
Stock $500,000............................................. 0)
................
New mort., $500,000($1,000) 1897 6 A& O
(?l
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
u
reported let in April, 1898; consolidated roads had 19 miles.
O fficers — President 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>
K A N K A K E E , ILL.
P o p u l a t io n 1890 w as 9,025 ; in 1880 w a s 5,651.
K A N K A K E E E L E C T R IC RY.— A trolley ro .
ad
O r g a n iz a t io n —Chartered Jan. 7,1891.
STOCK & BONDS—
Miles. Date. Interest. Outstand’g.
Maturity.
Stock, $60,000 ($100)..................... . . . . . . . .
$50,000
..........
5 -... 1891
6 J-J
50,000 July 1,1911
ist mortgage........... . t r u s t e e , the Northern Trust Co., Chicago, 1 1
1.
ROAD—IU November, 1896, operated 8 miles of track.
O fficers — President, E. Cobb; Vice-President, Chas. H. Cobb; Sec
retary and Treasurer, W. C. Schneider ; General Manager, C. H. Cobb
K A N S A S C IT Y , MO.
P o pulatio n 1890
w as 119,668; in 1880 was 55,785;
and IN 1870 WAS 32,260.
(I n 1898 ESTIMATED AT 175,000.)
M E T R O P O LIT A N STREET R A I L W A Y — able
C
and trolley.
ORGANIZATION— Incorporated July 19, 1886. In May, 1894, the
oompany secured control, by purchase of all the capital stock, of the
Kansas City El. (20-58 miles) and assumed the debt of that company.
In like manner it controls Kansas City & Rosedale 8t. 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.
STOCK & B o n d s —
Date. Interest. Outstanding. Maturity.
Stock (see above) ......................
Q.—F. $5,586,800 N o v .l,’98,l%
Corrigan Con. St. Ry. 1st(1886 5 g J - J
893,000 July 1, 1916
M. ($1,000) drn. at 110.5 Int. payable at Central Trust Co., N. Y.
General mort. ($1,000,000) ( 1889 5 g M -S
1,000,000 Sept. 1,1909
gold.............................. { Int. payable at New England Co., Boston.
Bonds assumed in consolidation of 1895—
IT r P a h lfila tM ext in > 18 8 7 5 S- A -O $1,050,000 Apr. 1,1901
( • > Interest is payable in New York by Blair
goia, layy, guar. p. & l... ^ ^co .an din Boston by New EnglandTr.Co.
S*6s ext 1^1897 M " ° l d } 18 8 7 5 A ~ °
$300,000 Apr. 1, 1901
Grand Avenue Ry. l"st( 1888 5 g. J-J 10 1,200,000 July 10,1908
mortgage, gold........... e s Trustee, Central Trust Co.
New mortgage—
Metroplitan St. Ry. con. (1895 5g. M -N
3,721,000 May 1, 1910
mortgage,
$8,500,000. < Not subject to call before maturity.
gold........................... c^ (. Int. at Old Colony Trust, trustee, Boston.
Securities ot subsidiary roads—
South Side St. Ry. 1st M ..........
5
$12,000 June, 1899
Kansas City Elevated Ry.
1st M. pref. ($600,000)
gold ($1,000).......... c* 1892 6 g J - J
$600,000 July 1,1922
1 a+ T f onm («2 OOO onoii 1892 4
V
2,000,000 July 1,1922
1 st M. com. (^2,000,ouo))
interest at Manhattan Trust Co., New
gold (St»i,oou)............ £ York City, J-J.
ParkConnec.Ry.,p.&i.gu. . .. .. 6
... .
30,000
................
Dividends—In 1895, 2 p. c.; in 1896, 2*2 p. c.; in 1897, 2 p. c.; in
1898, Feb., *2 p. c.; May, *2 p. e.; Aug., *2 p. e.; Nov., 1 p. o.
Bonds—The new consolidated mortgage for $8,500,000 is to be used
as follow s: Reserved to retire when due the existing bonds of the
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.
47
RAILWAYS.
Interest upon Kansas Oity Elevated Ry. 1st M. preference 6s is
guaranteed and upon 1st M. 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:
Miles. I
Roads owned.
Miles.
42-96 Kansas City & Rosedale St.
Main line (horse)
6-46
62-45 I Ry. (trolley)...................
do.
(cable)
So. Suburban St. Ry. (trol’y) 2-50
Kan. C. Elevated Ry. (trol’y) 20-58
I
In May, 1898, it was decided to spend $250,000 in improvements dur
Total (single)................. 134-95
ing the year. In 1898 the Fifth Street cable line was converted into a
trolley road, and in Nov., 1898, the Broadway horse line was rapidly
nearing conversion into a trolley line. In Oct., 1898, it was reported
that preparations were being made to equip all of the cable lines with
trolley. V. 67, p. 736.
E a r n in g s — 4 months. (1898. ... ... Gross, $735,687 ; net, $336,274
June 1 to Sept. 30. S1897.......... Gross, 665,266; net, 301,238
A n n u a l R e p o r t .— Fiscal year ends May 31. Earnings of the system,
excluding the Kansas City Elevated, have been as follows:
.
1898.
1897.
Year ending May 31—
$1,766,253
$1,624,796
Gross earnings.............
987,399
928,316
Oper. exp., incl. taxes..
Net earnings.
Other income___
$778,854
223
$696,480
3,680
Total income..........................
Charges—
Interest and guaranty..................
50 Corrigan St. Ry. bonds re iired.
Transferred to construction acct..
Divio ends paid............................
Miscellaneous.............................
$779,077
$700,160
$437,274
53,238
95,889
(2%)111,736
30,155
$445,321
52,050
56,535
(2*3%) 139,670
Total charges..........................
$728,292
$693,576
Balance, surplus, for year...........
$50,785
$6,584
Kansas City Elev. RR., not included above, had for the year 1897-8,
gross, $176,599; net, $74,792. For 1896-97 gross earnings, $150,096.
OFFICERS— President and Treasurer, C. F. Morse; Vice-President and
General Manager. W. H. Holmes; Secretary, L. C. Krauthoff; Asst.
Secretary, J. A. Harder.—V. 65, p. 112, 1115; V. 67, p. 479, 634, 736.
N O R T H E A ST E L E C T R IC R Y .—A trolley road.
ORGANIZATION—a reorganization in Nov., 1896, of Northeast Street
Ry., sold in foreclosure Aug. 6,1896.
In July, 1898, the Central Electric Ry., controlled by the same in
terests, was incorporated, for the purpose, it was said, of extending
the lines.—V. 67, p. 72.
STOCK & B onds —
Date. Interest. Outstand’g.
Maturity.
Stock ($250,000).......................................
$250,000
.............
1st mort. $250,000, gold,) 1896 5g. J - J
250,000
July 1,1916
($100 & $500)..........o* > Interest at North American Trust Co., N. Y.,
Red. at 105aft.J’ly 1,1901 > trustee.
road —Owns 8-1 miles of track on 4-2 miles of street.
Pres’t, James D. Livingstone; Sec. and Treas., E. G. Vaughan; Supt.,
W. C. Weaver. Office, Kansas City, Mo. V. 66, p. 72.
BROOKLYN A V E N U E R A IL W A Y O r g a n iz a t io n —Successor to People’s Cable R y ., sold i n foreclosure
March 14,1896, to J, H. Lucas for $185,000—V. 62, p. 549.
ROAD—Owns 6-8 miles of track on 3-4 miles of road.—V. 60, p. 1106;
V. 62, p. 549. In December, 1897, it was decided to extend the road
one mile and change the motive power to electricity.
OFFICERS— President, John H. Lucas; Gen. Manager, W. H. Lueas.
C E N T R A L E L E C T R IC R Y.— To be a trolley road.
Incorporated in July, 1898, by Samuel M. Jarvis, of New'York City,'
who owns all but six shares, the ba anee being owned by W. C. Scar,
ritt, R. R- Conklin, F. S. Groves, Wm. M. Reid, E. S. Youmans and E
G. Vaughn, for the purpose, it was said, of building extensions of the
Northeast Electiic, of which the same men are the chief stockholders.
Stock, authorized, $1,000,000; paid in, $500,000; no bonds.—V. 67,
p. 72.
M ISSO UR I E L E C T R IC R Y.— o be a trolley ro .
T
ad
O r g a n iz a t io n — Incorporated in October,
1898, to construct a
double-track road extending to the southern city limits. W ill also
operate the city end of the line of the Jackson County Electric Ry.,
controlled by the same interests, which is to build a live-mile double,
traok road from the city limits to Dodson and Swope Park. President,
Henry Smith; Vice-President and General Manager, F. W. S ears;
Secretary, Chett M cDonald; Treasurer, B. F. Burd.
K E Y P O R T , N. J.
P o p u l a t io n 1890 w a s 3,411.
KEYPORT & M ATA W A N
R O A D -A horse road.
STR EET R A I L
ORGANIZATION— January 1,1898, the company reported:
1897.
Stock (full paid).............. $30,000 I Trs.end.Dec.31— 1896.
No funded or floating debt.
|Gross from pass’rs.$5,022 $4,104
Traok owned.................. 3^4 miles i Other income— .. 1,913
1,141
Cost of road and equipm’t.$30,000 Net earnings........ 5,236
4
Treasurer.........Arthur M. Brown I
K IN G S T O N , N. Y ,
P o p u l a t io n 1890 w a s 21,261, a n d in 1880 w a s 18,344.
C O L O N IA L CITY T R A C T IO N CO.-A trolley road.
ORGANIZATION—Organized Jan. 9, 1896, as successor to Colonial
City Electric Ry., sold in foreclosure Dec. 12, 1895. Estimated popu
lation in 1898, 25,900.
STREET
!k 4 8
RAILWAYS.
STOCK & B onds —
Date. Interest. Outstanding. Maturity.
$175,000
.............
Stock............................................................
1st mortgage, g o ld ............ 1896 5g. M -N
100,000 May 1,1926
2d M. Incomes, gold..........
1896 5g. M -N
75,000 May 1,1946
Manhattan Trust Co., N. Y., trustee of both mortgages.
Road —Operates 4-58 miles of track laid with 80-lb. girder rails. In
October, 1898, extension to Bath Beach was proposed.
E arnings .— For three months ending Sept. 30,1898, gross, $24,877?
net, $13,593. ^ Y e a r 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.
KINGSTONICIT Y R A I L R O A D —A trolley road.
ORGANIZATION—Chartered June 5,1879.
STOCK & Bonds —
Date. Interest. Outstand’g. Last div'd, etc.
Stock, $150,000, $100...........................
$150,000
June, 1897.
15,000 June 12,1909
1st M., $500 each........... 1879 7 J - J
Consols, $150,000, $1,000 < 1893 5 M - S
135,000 March 1,1923
Not sub.to callbef’e mat. ( Interest at Farmers’ Loan & Trust Co., N. Y.
Debentures...................... 1890 5 J - D
10,000 June 1,1900
Bond and mortgage.....
6 quar.
6,000 On demand.
Dividends in 1895-96, 6 p. c.; in 1896-97, 6 p. o.; in 1897-98, 6, p. c.
Interest—Interest, except on consols, is paid in Rondout.
ROAD—Owns 3’6 miles of track in City of Kingston. Rails 70 lb.
EARNINGS—July 1 to Sept. 30,3 months, gross, $24,877; net, $13,593.
For years ending June 30 :
1898.
1897.
1898.
1897.
A v’ge m ilesop... 3‘6
2-85
T a x e s .................. $2,169 $1,698
Cross earnings..$60,746 $55,412 Dividends.............. 9,000 9,000
N e t .................. 21,584
19,812 Bal., sur. for year... 1,756
454
Interest paid___ 8,660
8,660 Total sur. June 30.. 8,755
6,999
OFFICERS—President, S. D. Coykendall; Vice-President, General
Manager and Purchasing Agent, Geqrge Coykendall; Secretary and
Treasurer, Peter E. Schoonmaker ; Auditor. O. L. Eastman.
K N O X V IL L E , TENN.
P o p u l a t io n 1890 w a s 22,535; i n 1880 w a s 9,693.
Cities Knoxville, North Knoxville and West Knoxville voted
(August, 1897,) to consolidate; population of consolidated cities esti
mated by officials of Knoxville Traction Co. in 1898 at about 52,000.
K N O X V IL L E T R A C T IO N C O M P A N Y -A trol
ley and electric light enterprise.
ORGANIZATION— A consolidation Mar. 30,1898, of Knoxville Street
RR., Union Ry., Citizens’ Ry. and West End Street R R , all of whose
bonds, mortgages and stock have been surrendered and canceled. A P
the securities of Knox. Elec. Light & Power Co., a consolidation of all
the light and power companies in Knoxville, are owned by the Trac
tion Company, and pledged as part security for the new bonds below
described —V. 6 6 , p. 709.
Franchise is perpetual and gives “ practically exclusive ” right to
operate street railw ays in the city.
STOCK & B onds —
Par. Interest. Outstand'g. Maturity.
Stock, $750,000..................... 100
..........
$750,000
..........
1st M.of ’98, $850,000, gold, ) $1,000 5g.A&0
850,000 Apr. 1,’38
tax free...........................j Int. at trustee, Balt. Tr. & Gu. Co., Balt.
Bonds w ill have sinking fund of $10,000 yearly after stock pays 5
per cent dividend, but will not be subject to call. A s said above,
mortgage covers the electric light and power plants as well as the
30 miles of ro a d .
ROAD—Owns about 30 miles of trolley road.
EARNINGS— For five months ending Aug. 31,1898, gross, $68,530;
net, $34,362; charges, $17,708; balance, $16,654.
OFFICERS—President,Franks. Hambleton,Baltimore; Viee-President
and General Manager, C. C. H ow ell; Secretary and Treasurer, W. S
Shields.—V. 66 , p. 709.
K O K O M O , IND.
P o p u l a t io n 1890 w a s 8,261; in 1880 w a s 4,042;
a n d in 1870 w a s 2,177.
K OKOM O CITY STR EET RY.— trolley ro .
A
ad
STOCK & Bonds — Miles. Date. Interest. Outstanding. Maturity.
$100,000" ..............
S t o c L .V .ir .....:..... ...............................
1st M., $75,000.......
478 1892 6 M - N
75,000
Nov. 1,1912
ROAD—Operates about 47 miles of track in Kokomo.
8
OFFICERS— President, F. E. Snow; Vice-President, W. A. Jackson;
Secretary and Treasurer, F. Woodruff.
L A C O N IA , N. H.
P o p u l a t io n ( t o w n s h ip ) 1890 w a s 6,143; i n 1880 w a s 3,790;
a n d i n 1870 w a s 2,309.
L A C O N IA STR EET R A I L W A Y — h rse road.
A o
ORGANIZATION— Successor to the Laconia < Lakeport St. Ry.in 1894.
&
Population in 1897 about 10,000. In August, 1898, a controlling in
terest had been purchased by Charles T. Foster and H. L. Pierce of
Leominister, Mass., and George H. Cook of Athol, Mass., and line was
being converted into an electric line.
S tock Et c —
Dividends.
Outstand'g.
Last Div.
8took, SI’OO.OOO (par $50)...... See text.
$50,000
4%, '94-95
Unfunded debt June 30,1897....................
8,000
...............
D ividends —I n 1893-94 paid 5. e.; in 1894-95 paid 4 p. o.
ROAD— Owns 3 63 miles of track. In spring of 1899 the road will be
extended to Weirs, 4 miles, and the entire system made standard gauge.
EARNINGS— For years ending June 30:
1897.
1896. I
1897.
1896.
Gross................. $9,865 $12,483 |Int. and taxes... $1,027
$941
N e t ................... 1,664
3,037 I Bal. for year......
652
2,150
Other income....
15
541
OFFICERS— President, H. L. Pierce; Treasurer, C. T, Foster; Se
ary, Edmund Little.
L A C R O SSE, W IS .
P o p u l a t io n 1890 w a s 25,090; in 1880 w a s 14,505;
AND IN 1870 WAS 7,785.
LACR O SSE CITY R A IL W a y O rganization —Chartered Nov. 17,1885. Franchise runs till 1938
. STOCK & B onds — Miles. Date. Interest. Outstand’g. Last div.,etc.
St$°iok0($.200: 00°.) ’par ^ ................. See below. $200,000 f. p. $
1st m o rt "$ 1 7 5 ,006;> 10% 1893
6g. J - J 125,000 Jan. 1,1918
gold, $1,000..........5
Subject to call J an. 1,1903.
Interest at Northern Trust Co., trustee, Chicago, 1 1
1.
DIVIDENDS—For 1892,7 per oent; 1893, none; 1894, 7 per cent.
Road—Owns 10% miles in city of Lacrosse.
EARNINGS—For year 1894 gross, $54,965, against $49,394 in 1893.
OFFICERS—President, B. E. Edwards; Vice-President, W. W. Cargill;
Secretary, H. E* W est; Treasurer. G. H. Clark.
LANCASTER, PA.
P o p u l a t io n 1890 w a s 32,011; in 1880 w a s 25,769;
a n d IN 1870 WAS 20,233.
P E N N S Y L V A N IA TR ACTIO N— trolley ro .
A
ad
ORGANIZATION—Chartered in 1893 and secured control of the entire
street railway system in Lancaster, Pa., and vicinity, including Lan
caster Traction, Lancaster City Street Ry. and Lancaster & Columbia
Ry., Columbia & Ironville Ry. and Columbia & Donegal Ry.
R eceivership —On Nov. 30,1896, William B. Given of Columbia,
Pa., was appointed receiver.—V. 63, p. 969, 1011.
CERTIFICATES—-Early in 1897 $30,600 receiver’s certificates were is
sued, and to August, 1898, $20,000 had been retired. A further issue
is proposed for extensions.—V. 66, p. 83.
STOCK & BONDS—
Date. Interest. Outstand’g.
Maturity
Stock for $10,000,000..$100 ........................ $9,900,000 ..............
Receiver’s certificates....................................
(?)
...............
( 1893 5b>g.F-A
572,500 Aug. 1,1923
1st M., $700,000, gold, $1,000 < February, 1896, coupon last paid.
CTrustee is the Lancaster Trust Co.
( 1894 5g. J-J 1,247,800
Jan., 1924
Consol. M. for $2,250,000 c.*< Trustee, Provident Life & Tr. Co.,Phila.
( January, 1896, coupon last paid.
Securities of lines controlled.
LancasterCityRR.,lstM.g.c* $ 1890 5g. A -0
160,000 Apr. 1,1920
($100 and $500)................( Trustee, Atlantic Trust Co., New York.
W.E.St. Ry. 1st M., $225,000$ 1891 5 M -N
225.000 May 1,1921
$100, $500 and $1,000. .o* ( Trustee, Atlantic Trust Co., New York.
Lancaster & Columbia stock......... 30 F - A
37,500 Aug.,’97,15%
1st mortgage..................... 1893 5 A - O
225,000
1923
DEFAULTS-Pennsylvania Traction first mortgage coupons due Aug.
1,1896, and consol mortgage coupons due July, 1896, and since have
not been paid.
Bonds.—The Pennsylvania Traction bonds outstanding above ar
given as on June 30,1896.
Road —Said to operate 55 miles of track, including old Lancaster
Traction, 29 miles; Lancaster City Street Ry., 18 miles; Lancaster &
Columbia, 8 miles. A line to Philadelphia has been proposed, and the
Phila. Lancaster & Harrisburg Ry. Co., with authorized capital of
$6,000,000, was incorporated in July, 1895.
E arnings— For calendar year 1897 gross, $198,770; expenditures,
$189,046; balance for year, $9,724. For year ending June 30,1896,
gross, $198,304; net, $63,350; paid rentals, $15,371; interest on bonds,
$22,632; “ other payments,” $171,338. In 1894-5 gross, $171,218.
BALANCE SHEET JUNE 30, 1895.
Construc’n and equip
Capital stock............ $9,900,000
ment......................$11,941,150 Funded debt.............
1,561,200
Miscellaneous...........
17,368 Bills payable, etc......
497,318
Total...................$11,958,518
Total...................$11,958,53 8
OFFICERS— President, J. J. Patterson; Secretary, John S. Gray b ill,
Treasurer, H. Yeagley.
INDEX—v . 62, p. 279, ggo; V. 63, p. 969,1011; V. 66 , p. 83.
L A N S IN G , M IC H .
P o p u l a t io n i n 1890 w a s 13,102; in 1880 w a s 8,319;
a n d in 1870 w a s 5,241.
L A N S IN G CITY E L E C T R IC R Y.— trolley road.
A
ORGANIZATION—Franchise granted in 1889 and runs 30 years.
Interest was in default, but subsequently paid.
STOCK & Bonds —
Dale. Interest. Outstanding.
Maturity.
Stock, $100,000.....................................
$100,000
................
1st M., $100,000, gold.
1896 5 g. J&J.
100,000
Jan. 1,1945
Trustee is Continental Trust Co., N. Y.
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. For year ending Dec. 31, 1895, gross, $22,525; net, $2,902;
Pres, and Gen. Man., L. N. Downs: Sec. and Treas., Laurence Barrett.
L A N S IN G D E X T E R & A N N A R B O R E L E C
TRIC R Y.— o bea trolley road.
T
ORGANIZATION— Chartered in 1898. To extend through the places
named, about 60 miles. Stock, $250,000. In November, 1898, the
prospects of construction were reported good.
L A W R E N C E , M ASS.
P o p u l a t io n 1890 w a s 44,654; in 1880 w a s 39,151;
AND in 1870 WAS 28,921.
L O W E L L L A W R E N C E & H A V E R H IL L
STREET R A I L W A Y — trolley ro .
A
ad
ORGANIZATION—Chartered April 29,1892.
Population of Lawrence by 1895 local
nsus, 52,164.
S TR E E T
49
R A IL W A Y S .
ORGANIZATION— Organized in 1897 and purchased the Brunswick &
Topsham Ry., 3 ^ 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, with option to
purchase for $66,666 F6 . Extensions were being pushed in November
1898, entire system to embrace 6 6 1 miles, connecting Bath with
a
Brunswick, Lewiston, Auburn, Turner, Sabattus, eto.
STOCK & B onds —
Date. Interest. 0 "tstand’g. Maturity.
Stock, $500,0' 0; par, $100.............................. $500,000 ................
1st mort., $1,000,000, gold.... 1898 5g.M-S
700,000 Mar.,1918
Underlying securities—
Bath Street Ry—
Stk. au. $300,000, par «100............. 4 J-J $100,000
................
1st mort., $300,000, gold... 5 1893 5g. J-J
70,000 July 1,1913
Miles. |
Miles.
$1.000...........................c* * Subject to call after July 1,1898.
First track...........................54-4 Trackage rights...................... 1-8
85,000 June 1,1911
Second track................... .
8*6 '
------ Lewiston & Auburn RR. 1st M. 1891 5 J-D
Sidings ............. .................. 1*5 I Total of all Sept. 30,1893.. 66*3
Of the $1,000,000 new 5 per cent bonds of 1898 $155,000 are held
Total owned in fee................64*5 |
*n trust to retire the underlying bonds, $70,000 to purchase Bath
In April, 1898, absorbed the People’s St. Ry. of Amesbury, Mass.,
Street Ry., $700,000 were delivered for corporate purposes, and the
giving $65,000 first consols to retire $65,000 People’s Ry. capital stock,
remaining $78,000, upon certificate that the $700,000 have been faith
and assuming all debts of latter, including $64,000 1st mort. bonds.
fully used, may be issued for 75 per cent of cost of extension addition
L a t e st Earnings —9 months s 1898.Gross. $355,426; net, $140,019
Jan. 1 to Sept. 30.
¿1897.Gross, 340,107; net, 135,798 or improvements approved by State Board of Railroad Commis
sioners.
A n n u a l R epo r t — For years ending Sept. 30 earnings have been:
ROAD—Owns former Brunswick RR., 3*2 miles, and former Lewiston'
Interest,
«
Gross
Net.
tax., etc. Dividends.
Balance. & Auburn RR., 141 miles, and also operates under lease from July 1
1897-98..........$452,444 $199,865 $109,625 $60,000 sur. $30,239 1898, Bath Street Ry., 4*2 miles. Bath to Lewiston, 26 miles, and
168,656
84,928
30,000 sur. 53,728
1896-97:....... 428,010
1895-96.......... 410,000 162,209
86,872
sur.
75,337 Lewiston to Sabattus, 6 miles, operated from Sept., 1898. Projected,
OFFICERS.— President, G. H. Campbell, Lawrence; Treasurer, G. Lewiston to Turner, 12 miles; -total, 66*2 miles.
OFFICERS -President. A. L. Shaw, Bath, Me.; Vice-Pres. and Gen
E. Tripp, Ames Building, Boston.—V. 65, p. 1022.
Man., A. F. Gerald, Fairfield, Me.; Treas., I. C. Libby, Waterville, Me
-V. 66, p. 1001 ; V. 67.p.481, 634.
STOCK & B onds —
Date. Interest.
Outstand’g.
Maturity.
Stock, $1,900,000 ($100)........... See text. $1,500,000f.p. Oct. 1,’98,1
do $400,000(5 p.c.pd.) .....................
20,000
................
Merrimack Valley Street < 1891 5g.A-0
350,000 Apr. 1,1911
Railway 1st mort. gold. \Interest at Inter. Tr. Co., trustee, Boston.
Lowell Law. & Haverhill ( 1893 5g. J-D
$1,041,000 June 1,1923
consol. M., $1,900,000, \ Subj. to call for the siuk. fund, at 105 &int
gold, $1,000..............o* CInterest at Am. L. & T. Co., trustee, Boston.
People’s St. Ry. of Ames- C
bury, Mass, 1st mort-< .................
$64,000
................
gage bonds, assumed... t
Oonsols of 1893 are reserved for Merrimack Valley bonds when due.
DIVIDENDS.—In 1897, July, 1 p. c.; Oct., 1 p. c.; in 1898, April, 1 p. c.;
in April, 1 p. c .; July, 1 p c.; Oct., l p. c.
Road —Connects Lowell, Lawrence, Haverhill, etc.
LEAVENW O R TH , KAN.
P o p u l a t io n 1890 w a s 19,768; in 1880 w a s 16,546;
AND IN 1870 WAS 17,873.
L E A V E N W O R T H E L E C T R I C R R . - A trolley road.
O rganization —Chartered in 1894. Has a perpetual franchise.
S tock & B onds —
Miles. Date. Interest. Outstand’g. Maturity.
Stock $300,000, par $ 1 0 0 .................................. $250,000 f.p.............
1st mort. for $300,000 $ 13^ 1894 6g. A -O
250,000
1924
gold, no option......c. XInt’st at Atlantic Trust Co., trustee, N. Y. City
ROAD, E t c .— Owns in fee 14 ^ miles of trolley track, of which 8^
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. Rails,
56-60 pound steel. Equipment, 14 vestibuled cars and 4 trailers;
three generators of 120 horse power each, one 400 horse power Cor
liss engine and four tubular boilers of 125 horse power each.
E arnings — For the fiscal years ending June 30:
Gross.
Net.
Interest.
Bal.,surp.
1897.................. $68,706
$24,464
$15,000
$9,464
1896.............. .
58,269
22,625
15,000
7,625
OPFICERS— President, Newman E rb; Vice-President, H . N. Smith
Secretary and Treasurer, J. P. Edrington.
L E A V E N W O R T H & L A N S IN G R A I L W A Y To be a trolley road.
Stock, $150,000. Bonds, $150,000, 6 per cent, gold, J&J, due Jan.
1,1918. Ü. S. Trust Co. of Kansas City, Trustee. In March, 1898, a
large part of the roadbed had been completed. Pres , J. W. Hausse
mann; Vice-Pres., Geo. F. Nealley; Sec., E. B. Merritt.
L E X IN G T O N , K Y .
P o p u l a t io n 1890 w a s 21,567 ; in 1880 w a s 16,656 ;
a n d in 1870 w a s 14,801.
B E L T L IN E E L E C T R IC
ORGANIZATION —Formed in 1889.
C O . —A trolley road.
Leases under perpetual contract
the Passenger & Belt Railway.
PASSENGER & B ELT RY.—A trolley road.
STOCK & B onds — Miles. Date. Interest. Outstand’g. Maturity.
Stock, $100 shares..
...
...................... $1,000,000 .......... .......
- . ___,
r.f.f. C 13
1891 6 g. A -O
135,000) Apr. 1,1906
1 st mort., $zuu,uuU’ i
($15,000 bonds due yearly.)
> to Apr. 1,’15
1891 6 g. A -O
50,000 Apr. 1,1916
S °ia ................. ■ " ( 13
2 d M .,$250,000,gold. 13
... .. 6 g. A -O
250,000 Apr. 1,1916
Interest on first mortgage is payable at office of the American Trust
& Savings Bank, the mortgage trustee, Chicago, 111.; on second mort
gage at the Security Trust & Safety Vault Co., Lexington, Ky.
ROAD— Operates 13 miles of track on 11 miles of street.
OFFICERS— President and General Manager, resigned; Vice-Presi
dent, W. J. Loughridge; Secretary, T. D. Murray; Treasurer, R. P. Stoll.
L IM A , N. Y.
P o p u l a t io n 1890 w a s 1,003; i n 1880 w a s 1,878.
L IM A -H O N E O Y E L IG H T & R R .-A trolley road.
LEBANON, PA.
P o p u l a t io n in 1890 w a s 14,664 ; I n 1880 w a s 8,778 ;
a n d in 1870 w a s 6,727.
L E B A N O N & A N N V IL L E ST. R Y.— trolley ro .
A
ad
STOCK & B onds —
Date. Interest. Outstanding.
Maturity.
Stock (par $50)........................ semi-an.
$100,000
Feb.,’98,2%
1st mtg., $100,000..o* )
1892
5 J-D
100,000
1912
$100, $500 & $1,000 s Int. at Lebanon Tr. & S. D. Bank, trustee.
On June 30,1897, loans payable were $10,500.
R o a d — Owns 20 miles of track; leases 6 miles of track (Lebanon &
Myerstown St, Ry.); total operated 26 miles of track.
EARNINGS— For year ending June 30,1897, gross, $38,167; net, $10,710; interest and tares, $6,567; rental, $2*351; dividends, $2,000; bal
ance, deficit for year, $208. In 1895-96, gross, $44,633; net, $17,633.
OFFICERS— President and General Manager, J. M. Shenk.
L E O M IN S T E R , M ASS.
P opulation
in 1890 was 7,269; in 1880 w as 5,772;
and in 1870 was 3,894.
L E O M IN S T E R & C L IN T O N STR EET R A I L
W A Y — trolley ro .
a
ad
O r g a n iz a t io n , E t c .—B uilt in 1896. Owns a park three miles from
Leominster. In 1896 Leominster was reported to have a population
of 10,000 and Clinton 12,000.
STOCK & B onds —
Date. Interest. Outstanding. Maturity.
Stock $150,000.......................................
$150,000
.................
1st M., $150,000 ($1,000)) 1897 5 g .A -0
70,000
Apr. 1,1917
subject to call at 105, s. > Interest at Amer. Loan < Trust Co., Boston
fe
f., gold...................... c ) Trustee.
15-vear coupon notes___ 1897
6 A -O
45,000
Apr. 1,1912
Loans Oct. 1,1897...................................
123,286
.................
First mort. sinking fund $2,000 per annum, beginning Oct. 1,1898.
ROAD—Owns 12*17 miles of track.
EARNINGS— tear ending Sept. 30,1897, gross, $40,588; net, $18,493;
interest and other charges, $18,912; balance, deficit, $420.
OFFICERS (Oct., 1897).—President, C. E. Barnes; Clerk, J. F. Butman,
L E W I S T O N , ME.
P o p u l a t io n 1890 w a s 21,701 ; in 1880 w a s 19,083 ;
AND i n 1870 WAS 13,600.
L E W IS T O N B R U N S W IC K & B A T H ST. RY.
■A trolley road
O wns and operates a 4 ^ mile road over private right of way between
the villages of Lima and Honeoye Falls. Also lights the two villages.
Stock, $125,000; par, $100; all issued. Bonds, $40,000 30-year
gold 5s, dated Oct. 1,1898 ($500 each); interest at Buffalo t,oan Trust
& Safe Deposit Co., Buffalo, N. Y., trustee; none sold Nov, 1,1898
President, Albert L. Williams, of Buffalo, N. Y.; Sec. and Treasurer
John C. Conway. V. 67, p. 901.
L IM A , O H IO .
P o p u l a t io n 1890 w a s 15,981; i n 1880 w a s 7,567;
AND in 1870 WAS 4,500.
L I M A R A I L W A Y —A trolley road. Population 1898 (local
estimate), 25,000.
O r g a n iz a t io n — incorporated Nov. 5, 1896. Capital stock is $200,000. Bonds, $180,000. Extensions and improvements have been
made and road is reported in first-class condition.
ROAD— Operates 11 miles of track. President, (Aug., 1898,) E. W .
Moore; Vice-President, Edwin Stone; Secretary, Treasurer and General
Manager, Charles Currie, Lima, Ohio.—V. 62, p. 502.
L IN C O L N , N E B .
P o pulatio n 1890
w as 55,154; and in 1880 w as 13,003.
L IN C O L N TR A C T IO N — trolley road.
A
ORGANIZATION— Successor in January, 1898, to Lincoln Street Ry..
foreclosed Deo. 17,1897, and reorganized per plan in V. 65, p. 277.
S tock A Bonds— Miles. Date. Interest. Outstand’g.
Maturity.
Com. stock, par $100.................................. $1,100,000
....... ........
Preferred cumulative..................
ftp.c.
200,000
................
lstmort. gold,$1,000;)
1897
5p. c.
100,000
1919
$100,000 auth____ 5 Trustee, N. Y. Security & Trust Co.
EARNINGS of old comp’y were as 5 1897..Gross, $71,307; net, $7,088.
follows: 9mos., Jan. ltoSept.30. ¿1896..Gross, 69,539; net, 8,996.
For year 1896, gross, $90,149; net, $9,682. In 1895; gross $104,955.
Road—Owns about 40 miles of track. In March, 1898, it was pro
posed to build an extension to Havelock, 21 miles.
a
OFFICERS— (Jan , 1898): President, M. L. Scudder ; Vice-President,
ffm. Belcher;] Secretary and Treasurer, F. H. Carter.—V. 66, p, 82,
134, 336
50
STREET
L IT T L E R O C K , A R K .
P o p u l a t io n 1890 w a s 25.874; in 1880 w a s 13.138.
L IT T L E R O CK T R A C T IO N & ELEC TR IC -—
ORGANIZATION—Incorporated 1895; controls all streetrail ways In city,
STOCK & BONDS—
Date. Interest. Outstand a
Maturity.
$500,000
.........
Stock, $500,000: par $100................. .......
1st mort.bonds,$450,000,g. ( 1895 6 g. J-D
400,000 June 1,1915
(see text), $1,000 each.o* ( Interest at 8t. Louis Trust Co., trustee.
2d M.,$300,000, g.($1,000) < 1895 6 g. J-D
300,000 June 1,1915
red. after 5 years at 104 ( Old Colony Trust, Boston, trustee.
Firsts, Nos. 1 to 300, redeemable after 10 years from their date at
par, but redeemable before 10 years at 102; balance are 20-year
straight. Road—Operates 20 miles of track.
OFFICERS— President, A. N. Johnson; Secretary, G. B. Rose; Treas
urer, Charles F. Penzel, all of Little Rock, A rk In d ex -V . 60, p. 1009.
LO CK H A V E N , PA.
P o p u l a t io n 1890 w a s 7,358; in 1880 w a s 5,845.
LOCK H A V E N T R A C T IO N -A trolley road.
, O r g a n iz a t io n — This company was organized in March, 1895, and
(eased for 999 years the Lock Haven Electric Ry. Receivership—In
September, 1897, William B. Given was appointed receiver in the
foreclosure suit under first mortgage.—V. 65, p. 685. In Oct., 1898,
receiver was authorized to issue $3,500 certificates to build a short
extension.
STOCK & Bonds —
Miles. Date. Interest. Outstand'g. Maturity.
Stock $300,000........... .................................. $300,000 ...................
i a-f at
Ann
) — • 1895
6 A-O
150,000 Apr. 1, 1920
181
....... ( Trustee, West End Tr. & Safe Dep. Co., Phila
R o a d — Six miles track. June 30,1897, accounts payable were $27,210*
E a r n in g s — Year ending June 30,1897. gross, $17,288; net, $2,693.
In 1895-96, gross, $20,017; net, $4,622.—V. 65, p. 685.
L O C K P O R T , N. Y .
POPULATION IN 1890 WAS 16,038;
in 1880 w as 13,522.
B U F F A L O & LO C K PO R T ST.
R Y .-T r o lle y .
O r ganizatio n —I ncorporated in April, 1898, in interest of the Buf.
falo & Niagara Falls Electric Railway. Leased branch of Erie RR. from
Lockport to North Tonawanda for 99 years and equipped it electrical,
ly. Carries both freight and passengers over this portion of the line.
Also absorbed Lock City Electric, which operated 5 miles of track in
Lockport and was sold under foreclosure June 8,1898. The Buffalo
Kenmore & Tonawanda Electric Ry. was purchased in its interest on
Aug. 22,1898, at foreclosure sale. The Buf. Ken. & Ton. also before
the sale operated under lease the Elmwood Ave. & Tonawanda Elec.
Ry., 234 miles. V. 67, p. 427, 529.
STOCK & B onds —
Date.
Interest. Outsfding. Maturity,
Stock, $1 ,000,000.........
....
...
(?)
1st M., $1,000,000........ \
S * ? * • 1T
r, l U l ~
■
.
1938
’
t
Colonial Trust Co., N. Y , Trustee.
Road —N orth Tonawanda to Lockport, 15 miles, opened as an elec- j
trie line in Aug., 1898, and to be double-tracked. Lockport, local, 5
miles. Former Buf. Ken. & Ton. tracks are used from North Tona
wanda to Buffalo. In Oct., 1898, extension northward from Lockport
to Olcott, 10 miles, reported to be proposed.
E a r n in g s — For three months ending Sept. 30,1898, gross, $13,686;
net, $7,453; charges, $5,558; surplus, $L,895.
O fficers —President, W. C. Ely, Niagara Falls, N. Y.; Sec. andTreas.,'
Burt Van Eftrn, Niagara Falls, N Y .—V. 66, p. 1088; V. 67, p. 529.
L O N G B R A N C H , N. J.
P o p u l a t io n 1890 w a s 7,231; in 1880 w a s 3,833.
A T L A N T IC COAST E L E C T R IC RR.-Trolley.
O r g a n iz a t io n — Incorporated in May, 1895. Leases the Seashore
Electric Railway of Ashury Park for 50 years at $10,000 per year and
owns $150,000 of the $200,000 total capital stook of latter company
(making net rental $2,500) and owns all of the stock of the West End
& Long Branch RR. and of the Asbury Park & Sea Girt RR. Also owns
entire stock of the Atlantic Coast Electric Light Co., which supplies
the eleotrio lights of Asbury Park, Darlington, Allenhurst, Belmar,
Ocean Beach, Como and Spring Lake.
STOCK & B onds —
Date.
Interest. Outstand'a.
Stook, $1,500,000($100) ...................... $1,500,000
1st mort., gold, $1,000, - 1 1895 5 g .M -N *1,000,000
000...........................5 Int. at Knickerbocker Tr. Co., N.
Gen. mart., «500,000.. J
¿
g
«
,
,
Maturity
y
M ay’i*1945
Y., trustee
h .1 46
?
AH. Coast Eleo. Light ls tM .J ¿ g g at 8t^ 7^
,
1945
“ Other debts” (Dec. 31,1897), $162,415.
* B o n d s -Of the $1,000,000 firsts $200,000 are reserved to retire a
like amount of Seashore Ry. (of Asbury Park) 6s, subject to call in 1897.
Road —B elt Line in Asbury Park and extends from Asbury Park
through Long Branch to Pleasure Bay, 24 miles. In June, 1898, leased
and began operating its cars over the Asbury Park & Sea Girt tracks to
Belmar, 2 ^ miles; total 261 miles.— V. 66, p. 616. Connects at Long
a
Branch with Iron Steamboat Co. for New York.
, -------- Gr, OSS.-----------^
E arnings —Y ear end’g Sept. 30.-- 1898.
1897.
Railroad...................................... .$167,784
$137,279
Lighting..................................... . 54,912
50,801
Pleasure B ay............................... .. 53,800
T o tal...................................... .$276,496
1 [.oharges..................................
1
$188,080
Net.
1898.
$98,643
26,483
494
$125,620
Surplus for.year......................
OFFICERS-President, G B. M. Harvey ; Treasurer, A. C. Twining,
,.
32NassauSt ,N . Y. City; Superintendent,8.PHazelrigg.—V. 65,p.867
RAILWAYS.
A T L A N T IC H IG H L A N D S R E D B A N K &
L O N G B R A N C H E L E C T R IC RY.— trolley road.
A
R eceiver —On May 23,1898, James E. Degnan was appointed’ re
ceiver.—V. 66, p. 1043.
STOCK & Bonds —
Date. Interest. Outstand'g. Maturity..
$398,000 ...................
Stock *500,000 ($100)..................... ...........
1st mort
non &
,, ) 1895 5ç. J—
J
398,000 July 1,1945
ist mort., $500,000, g ..... o £ Int at Hamilton Trust Co., Bklyn, trustee.
R eorganization C o m m ittee —a committee, of which Silas B _
Dutcher is Chairman, will submit a plan and effect a reorganization.
Depositary, Continental Trust Co. of New York. Bonds m aybe de
posited to Nov. 30,1898, the sum of $5 to aooompany each bond.—V.
67, p. 1054.
Road —Red Bank to Long Branch, 6^ miles, and 2d track, 2 ^ milesp.
inLong Branch, 3 miles; in Red Bank, U s miles; total owned, l S ^
miles; trackage between Red Bank and Belford (N. J. S. RR.), 5
miles; total operated, 18 ^ miles.
E arnings —Y ear ending Dec. 31. 1897, gross income from passen
gers $38,185 ; from other sources, $2,975—Y. 67, p. 1054.
L O N G I S L A N D C IT Y , N. Y .
P o p u l a t io n 1890 w a s 30,506; in 1880 w a s 17,129;
a n d i n 1870 w a s 3.867.
F L U S H IN G & SOUTH SH O R E R R . - T o be trolley
ORGANIZATION—Incorporated in 1898 to construct a standard gauge
road from Flushing to a point on the Long Island RR. between F e n hurst and Woodsburgh, Queens County, 15 miles. Stock, $150,000.
Long Island RR. Co. is understood to be interested.
N E W YORK & NORTH SHORE R Y ORGANIZATION—In 1898, 60 miles of new track projected onyo miles
of road. Stock, $1,000,000. A mortgage covering the new construction
has been made to the New York Security & Trust Co., as Trustee, due
Dec. 1,1927, to secure $1,500,000 30-year gold bonds ($1,000 each), of
which $100,000 had been issued in Nov. 1898. Y. 67, p. 29. May be
merged later in the N. Y. & Queens Co. In Oct., 1898, the RR. Com
missioners granted permission to construct the road, but in Nov. a writ
of certiorari was obtained to review their decision. Contracts were
reported let in Oot., 1898.—V. 64, p. 567.
NEW
YORK
& QUEENS
COUNTY R Y —
ORGANIZATION —Incorporated June 26,1896.
A consolidation of the
Long Island City street roads, including Stein way Ry., etc.—V. 63, p. 229 ¥
The Electric Illuminating & Power Company, said to supply praoti cally all the electrio lights used in Long Island City, is understood to
be owned and operated, its net income amounting to about $30,000 per
annum. The earnings are kept separate from the street railway. ToJune 30,1897, theN. Y. & Q. C. RR. Co. had invested $565,000 in the
“ El. Ill & Power Co., this amount being included in the $1,078,750 o f
loans and bills payable then outstanding.
Date.
Interest. Outstand’g.
Maturity.
S tock & Bonds —
Stock, $2,500,000 ($100)
$2,000,000
Flush. & Coll. Pt. 1st M ... 1895
5 J&D
50,000
1925
Newtown Ry. 1st vi...... 1894
5 J&D
150,000
Dec., 1924
Steinway Ry. 1st M., go ld> 1892
6g. J - J
1,500,000 July 1,1922:
$1,000 ..............— o* 5 Int. at St ate Trust Co!, trustee, N . y ! Ci ty.
N.Y. & Queens Co. 1st M., > 1896
5g. A -O 2,000,000
1946
gold, $1,000 each....... 5 Interest is In default.
“ Unf’d e d d t” June Jo,*98
___
1,120,000
................
El. 1 1 & Power 1st m .... 1897
1.
5F A
(?)
Aug. 1,1927
On June 30, 1898, the “ unfunded debt” was $1,120,000; “ loansand bills payable” (additional), $177,114.
Mortgage of 1896 is for $4,200,000, of which $500,000 for equipment;
and extensions and $1,700,000 for underlying bonds.—V. 63, p. 229.
Road—The system includes about 65 miles of trolley track, includ
ing main line, 34^8 miles; second track, 261 sidings, 4 14.
8;
REPORT for 1897-98 in V. 67, p. 735, showing:
Gross.
Net.
Oth.inc. Int. A taxes. Bal.,sur.
1897-*........ $408,949
$157,672
$28,808
$254,844 df.$68,365
1896-7........ 404,458
172,051
69,543
215,947
25,649
DIRECTORS—President, W . H . Shelmerdine, 421 Chestnut 8t., Phila
delphia; Secretary and Treasurer, I. M. Tritt, 29 Broadway, New
York ; R. T. McCabe, W . K. Mathews, E. L. Bushe, Benjamin Orne, J.
R. Beetem, of New York ; E. J. Mathews, of Philadelphia, and C. D>.
Simpson, of Scranton, Pa.—V. 66, p. 574; Y. 67, p. 29, 7 35, 737.
L O R A IN , O.
P o p u l a t io n 1890 w a s 4,863; in 1880 w a s 1,595.
(I n 1895 e s t im a t e d a t 10,480.)
L O R A IN & C L E V E L A N D
R R . - S e e Cleveland.
L O R A IN STR EET R A I L W A Y — trolley road
A
.
STOCK & B onds — far. Date. Interest. Outstand'g. Maturity.
Stock $200,000___ $100 .......................
$200,000 ................. *
1st M., $200,000... 1,000 1894
6 J-J
200,000 Jan. 1,1915
Interest at Guardian Trust Co., Cleveland, the mortgage trustee.
R o a d — Owns road 10-11 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.
E a r n in g s — For year ending Dec. 31, 1897, gross, $48,635; net,.
$21,962. In 1896, gross, $54,628; net, $12,653.
OFFICERS—President, F. M. Haines; Sec., P. M. Boyd; Treas., F. T
Horan; Gen. Man., M axM . Suppes; Pur. Agent, John K. Frye.
LO S A N G E L E S
CAL.
P o p u l a t io n 1890 w a s 50,395; in 1880 w a s 11,183;
a n d in 1870 WAS 5,728.
LOS A N G E L E S R A IL W a y O r g a n iz a t io n — Successor by consolidation Sept. 29, 1898, o f LosAngeles Ry. and Main St. & Agricultural Park RR. and by purchase o f
STREET
the Mateo St. RR. and San Pedro St. RR. Population in 1897 estimât
ed at 115,000.
Date. Interest. Ontstand'g. Maturity.
S to c k & B onds —
$5,000,000 ................
Stock, $5,000,000 (par, $100). .............. .
Special otfs., $500,000, gold. 3.896 5g.sem-an. See text. Jan.1,1900
1895 5g.M -S16 See text Sep. 1 6 ,’25
Mortgage, $3,000,000, gold, I
sinking fund in 1905, not< California Title Ins. & Tr. of San Fran
cisco, trustee.
drawn........................... c* (
(1)
Oct. 1,1938
N ew mort., $5,000,000 gold< 18 9 H 5g. A-O
Int’st at Co’s Office, San Francisco, Cal.
$1,000 ea c h ....... .......... o* l
The Trustee of the new mortgage of 1898 will he the Union Trust
Co, of San Francisco, Cal. On 30 days’ notice interest may be made
payable at the National City Bank, New York.
In Oct., 1898, the company’s officials stated that “all o.utstandinar
ecurities of the constituent’s properties are to be retired.”
E arnings — For 6 months ending June 30, 1898, gross, $342,013;
e ,$129,507 Year 1897, gross, $681,325; net, $227,696; charges,
$41,704; balance, surplus, $ 1
85,992. Year 1896, gross, $693,480.
Road —About 90 miles of road.
OFFICERS— President. H. E. Huntington; Vice-President, Antoine
Borel; Treasurer, I. W. Heilman; Secretary, J. T. Burke, 530 California
Street, San Francisco.
Index — V. 62, p. 320; V. 63, p. 402, 1010; V. 66, p. 900; V. 67, p.
634, 789.
LOS A N G E L E S PA C IF IC
STOCK & BONOSCentral Pass. Ry. M. | interest payable at First Nat. Bank, Louisville.
Louisv. Ry. Cons. M . , ) 1890
5 g .j.-j.
4,992,000 July 1,1930
flisted
’ Interest Payat»10 by Seligman & Co., N. Y.
Stock. - In June, 1897, $500,000 of common (leaving $3,500,000) was
converted into preferred, making $2,500,000 preferred, on payment of
$50 J>er share; the $250,000 raised from assessments being required
for improvements.
DIVIDENDS—On preferred 5 p. c. per annum. On common In 18 ,
2 igp. c.; in 1897, 2*a p. c.; in 1898, Apr., 2*a p. c.; the Oct., 1898, divi
dend was passed, owing to tax suit.—V. 67, p. 690.
_
ROAD—Owns 145 miles of track on 83 miles of street, of which (May,
1898), 13 5 electric and 10 animal power. The last mule line in the
city was changed to trolley early in 1898, most of the work of con
version having been paid for out of earnings.
A n n u a l R e po r t — Fiscal years ending Dec. 31. Annual meeting
Feb. 19. Report for 1897 was given in V. 66, p. 519.
Year.
1897.
1896.
I
Year.
.1897. *1896.
Gross earn..$1,238, 41 $1,234,526 |Taxes.. ......... ..|8i,699 $52,037
607,115
605,988 I D ividends..................... 203,125200,000
Net ..........
Interest pd.
310,361
311,023 |Bal., surplus.... 11,930 42,928
O fficers — President, T. J. Minary; Secretary and Treasurer, J. M.
Pettus—V. 64, p. 466,1181,1125; V. 66, p. 519, 857; V. 67, p. 690.
L O W E L L , M ASS.
R R . - A n electric, steam
and horse road.
O rganization — Formed in 1898 by consolidation of Pasadena &
Pacific RR. companies of Arizona and California, the Los Angeles
Pacific fey. of Arizona and California, etc.
STOCK & B onds —
Dale. Interest. Ontstand’g. Maturity.
Stock, $1,000,000; par, $100.. ......
........
if)
----N e w mortgage..................... . 1898
5
(1)
1928
B onds 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 horse railway.
OFFICERS-President and Manager, E. P. Clark; Vice-President, J.
Ross Clark; Sec., A. I. Smith; Treas., M. E. Hammond.—V. 66, p. 1140.
LOS A N G E L E S T R A C T I O N —A trolley road
.
51
RAILWAYS.
PO P U L A T IO N 1890 W AS 77,696; i n 1880 w a s 59,475;
AND IN 1870 WAS 40,928.
LOW ELL
& S U B U R B A N STREET R A IL
W A Y . - A trolley road.
O rgan izatio n — a consolidation May 1,1891.
qTnri< & Ron ns— Miles. Par.
Interest. Outstand’g Last Div., etc.
St’kauth.® 1,200.000 .... $100
Text. $1,000,000
Text
1st M. 1891, gold.e* ___ 1,000 5 g. J-D 1,000,000
Dec. 1,1911
Loans & bills pay. Oct. 1,’98 .......................
361,618
...................
Interest in Boston by the American Loan & Trust Co., trustee.
Dividends— In 1892-93,1893-4, 6 per cent; 1894-95,6 per cent; 189596, 6 per cent; 1896-97, 6 per cent; 1897-98, 6 per cent.
ROAD—64*8 miles of main track; sidings, 3-7 miles; total, 68-5 miles.
A n n u a l R epo r t — For years ending Sept. 30 earnings have been:
ANNUAL
1897
.8
*
1898.
1897.
Gross earn’gs.$393,104 $381,804 |Dividends..........$54,000 $48,000
Netearnings.. 155,045
147,503 i Bal., surplus.... 13,530
11,848
Int.,taxes, <fec. 87,515
87,655 |
OFFICERS-President, Edward M. Tucke; Sec’y and Gen. Man., P. F.
Sullivan; Treasurfer, P ercy P ark er.—V. 63, p. 1 0 6 1 ; V. 65, p. 1022.
O r g a n iza t io n , E t c .—1 hartered in 1895, franchise runs until 1944.
C
Capital stock is $250,000. First mortgage secures $250,000 gold bonds,
L O W E L L L A W R E N C E & H A V E R H IL L -—
$1,000 each, dated 1895, due May, 1915; interest 6 p. o., M. & N., pay See Lawrence, Mass.
able at Chase National Bank, New York; Union Trust Co. of St. Louis,
mortgage trustee.
r o a d —I n Dec., 1897,18 miles of track laid with 60-lb. rail and oper
P o p u l a t io n 1890 w a s 19,709; i n 1880 w a s 15,959
ated. In April, 1898, it was reported that extension to San Pedro, 27
AND IN 1870 WAS 6,825.
miles, was contemplated. For year 1897 (last four miles opened Dec.f
L Y N C H B U R G E L E C T R IC R A I L W A Y &
1897), gross earnings were $81,752.
L IG H T C O M PANY.
ORGANIZATION— Successor in Aug., 1898, to Lynchburg Elec. Co.,
M A IN STREET & A G R IC U L T U R A L P A R K
sold under foreclosure on Feb. 28,1898. The company petitioned for
R A I L R O A D —Absorbed by Los Angeles Ry.—which see.
an extension of its charter 30 years from Jan. 19, and it was said over
LOS A N G E L E S & P A S A D E N A ELEC. RY.— $50,000 would be spent in improving the road. Y. 67, p. 274. In
ORGANIZATION— A reorganization of the Pasadena & Los Angeles Oct., 1898, new franchises were reported to be granted. Stock auth
Elec. Ry. and consolidation with the Pasadena St. RR., City Ry. and orized $250,000—all issued. Bonds, $150,000 1st mortgage 6s, gold,
Colorado St. Ry. companies. Road extends Los Angeles to Pasadena. dated 1898, due 1941. State Trust Co., Trustee. None issued Nov., ’98.
Road — Said to operate 5 ^ miles of track on 2?8 miles of street.
Capital stock is $1,000,000. Bonds authorized, $1,000,000 gold 5s.
O F F IC E R S -P resid en t, R. A. C. Smith, 100 Broadway, New York; D.
R eorganization —Sold under foreclosure April 27,1898. A majority
D. Mallory, 100 Broadway, New York.—V. 67, p. 274.
of bondholders has accepted reorganization plan.—V. 66, p. 901.
Ro a d -O w n s 44 miles of track, of which 22 are operated by elec
L Y N C H B U R G & R IV E R M O N T S TR E E T
tricity and 22 by horses. OFFICERS (June, 1897)—President, C. W.
Smith; Treasurer, F. C. Bolt; General office, Pasadena.—V. 66, p. 901. R A IL W A Y .
STOCK AND BONDS— Miles. Date. Interest. Outstand’g. Maturity.
Stock.......................
.... ....
.... A b t.$75,000
.......
S A N G A B R IE L V A L L E Y T R A C T IO N C O .--- 1898 5 g. J-D
$100,000 June 30,’28
To be a trolley ro .
ad
($500 and $l,0Cffi each) ^interest at Nat. Ex. Bank, Lynchburg, Va.
ORGANIZATION— Incorp. March 10, ’98. Road projected from Los AnMortgages cover the combined railway and electric light plant.
geles to Pasadena, with branches to Alhambra, Sierra Madre, Monro,
Road — Operates 5 ^ miles of track on 2 miles of streets. In Nov.,
via and Duarte, in all 22 miles. In June, 1898, franchises had been 1898, new franchises were reported to be granted.
obtained from Los Angeles to South Pasadena and applications were
OFFICERS-President, H. P. Woodson; Vice-President, J. P. Pettypending for franchises from South Pasadena to and through Pasadena- ) ahn; Secretary and Treasurer, J. T. Bowman.
Stock authorized, $1,000,000; issued, March 10,1898, $22,000 ; no
bonds. DIRECTORS— President, Walter S. M axwell ; Sec. and Treasr.»
S. P. Anderson; Jas. S. Graham, Bradner W. Lee and Albert Hadley.
P o p u l a t io n 1890 w a s 22,746; in 1880 w a s 12,749;
AND IN 1870 w a s 10,810.
T E M P L E STR EET C A B L E RY-— steam road.
A
M A C O N CO NSO LIDATED STR EET RR.—
O rganization — Chartered Oct. 31,1885. Operates 4% miles of track.
ORGANIZATION— Stock, $500,000; first mort., $500,000 ($1,000 each)*
Rails 38-lb. girder. Stock, $400,000; 1st mortgage gold 6s, dated 1896,
$100,000; interest is in default. Rt ceiver has been appointed. Presi 189 2 , 6s, J&J, issued, $345,000, due, Jan. 1,1922. Interest (at 6 p. c.
from Jan. 1,1897), in Boston at Old Colony Trust Co., trustee. D ivi
dent, Edgar E. Lefebvre.
dends in 1895,1 per cent. In 1898 was operating 14 miles of trolley
track laid with from 30 lb. to 48-lb. T rails.
EARNINGS—For year ending Dec. 31,1897, gross, $74,722; net, $21
223; interest and taxes, $23,583; balance, deficit, for year, $2,360.
P o p u l a t io n 1890 w a s 161,129; in 1880 w a s 123,758;
President, S. R. Anthony; Secretary, D. K. Snow; Treasurer, W. A
a n d in 1870 w a s 100,753.
Tucker. Office, 53 State St., Boston, Mass.
L O U I S V I L L E R A I L W A Y —Trolley and mule road.
M A C O N E L E C T R IC L IG H T & R A I L W A Y .—
ORGANIZATION—Incorporated Jan. 22,1867. A Kentucky company
ORGANIZATION, e t c .—N am0 originally Macon & Indian Spring Elec
owning all the street railways in the city of Louisville and its suburbs.
tric St. Ry., changed in 1898. Owns 7 miles of track, 10 motor cars and
The real estate of the company is valued at $700,000. In Oct., 1898,
additions to power plant, reported to cost $80,000, were completed; 6 trail cars. Capital stock authorized, $100,000; issued, $60,000. Bond s
for $100,000 have been authorized. In May, 1898. purchased at fore
total cost, $200,000.
Outstand’g Last div., etc. closure sale for $40,000 electric-light plant of Macon Gas Light &
S tock & B o n d s .— Date.
Interest.
$3,500,000 Apr. 1,’981^% Water Co., and in Nov., 1898, was constructing new power house;
Com. stock ($100 sh.)........
2^
A.-O.
2,500,000 Oct.1,’98 2 W o also increasing power plant to 1,000 horse-power and intended to add
Pref. stock 5 p. c. cum.......
5
A .- O.
609,000 July 1,1909
Louisv. City Ry. M ... s 1884 6 g.
J .- J .
.
other machinery. Owns 3,600 light alternator. V. 66, p. 1089. Presi
do
do M.,gold (Trustee, Louisville Trust C0MLouisville, Ky.
Central Pass. Ry. M ... 1882 6
M.-N.
108,000 Nov. 1,1902 dent, Gen. Manager and Purchasing Agent, T. J. Carling.
LYNCHBURG, VA .
M A C O N , GA.
L O U IS V IL L E , K Y .
STREET
52
RAILWAYS.
M A D IS O N , W IS .
M A R IO N , 1ND.
P o p u l a t io n in 3896 w a s 18,884; i n 1890 w a s 13,429;
i n 1880 w a s 10,324; a n d in 1870 w a s 9,176.
M ADISO N E L E C T R IC R A I L W A Y - A trolley road.
O rganization —a reorganization in Feb., 1898, of tb Madison Oity
Railway foreclosed in December, 1897
STOCK & B onds — Miles. Date. Interest. Outstanding. Maturity.
$75,000
..........
Stock, «75,000................... ......................
1 st M. $150,000 gold > 8*2
1898 5 g F-A
140,000 Feb. 15,1918
$500................. c.*) Int. at Savings & Trust Co., Cleveland, Ohio.
ROAD—Owns 8*2 miles of standard gauge track, of which 6 ^ miles in
city limits and 2 H extend to Elmside, Schuetzen Park and Cemetery.
O f f ic e r s .— President, F. W. Oakley, Madison; H. R. Newcomb, Sfeeretary and Treasurer, Cleveland, O.
P o p u l a t io n 1890 w a s 8,769 i n 1880 w a s 3,182;
a n d in 1870 w a s 1,658.
M A R IO N CITY R A IL W A Y -A trolley road.
O r g an izatio n , E t c .— Chartered in 1893.
STOCK & BONDS—
Date. Interest. Outstanding. Maturity.
................
Stock, $500,000..........................................
$500,000
1st mortgage, $400,000,) 1895 6g. M -N
400,000 May 1,1915
gold ($l,0d0).............. c ) Interest at Nat. Broadway Bank, N. Y.
Mortgage trustee, Francis A. Palmer.
Road —25 miles of track from Marion to Jonesboro and Gas City. Ex *
tension from Marion to Fairmount and Summitville, 18 miles, com
pleted August, 1898, forming with Union Traction line a continuous
road between Anderson and Marion, 35 miles.
E a r n in g s —Year ending Dec. 31,1896, gross, $77,139; net. $32,252;
Interest paid, $19,142; taxes, $2,072; balance; surplus for year.
$11,038. In 1895, gross, $71,028; net, $34,642.
M A H A N O Y C IT Y , P A .
P opulation 1890
w as 11,286; in 1880 w as 7,181;
and in 1870 w as 5.533.
M A R IO N , O H IO .
LA K E SID E R A IL W A Y — trolley road
A
.
ORGANIZATION —Chartered January, 1893.
Charter is perpetual.
Default—In Nov., 1898, contested suit which might result in the
appointment of a receiver was pending. V. 66, p. 760; Y. 67, p. 371.
q-rorK <4 BONDS—
Date. Interest. Outstanding. Maturity.
Stock (par $50).................. --$250,000
.................
1st M., $250,000, gold 5 1893 6 g .M -N
200,000
Nov. 1,1923
$100, $500, $1,000___( In default since May, 1898. Equitable Trust
C ., Ph
o
iladelph tru
ia,
stee.
In November, 1898, a proposition for reducing rate of interest on
bonds to 4 per cent had been accepted by nearly all the bondholders.
ROAD—Has completed and in operation 5 ^ miles of road, connecting
Mahanoy City with Shenandoah. Projected to extend to Delano and
Lakeside or East Mahanoy Junction.
E a r n in g s — Gross receipts about $27,000 annually.
Dallas Sanders, President, Drexel Building, Philadelphia. Y. 66, p
760; V. 67, p. 371.
M A N C H E S T E R , N. H.
P o p u l a t io n 1890 w a s 44,126; in 1880 w a s 32,630;
a n d IN 1870 WAS 23.536.
M A N C H E ST E R STR EET R Y.—A trolley road.
ORGANIZATION —Incorporated July 20,1876, under perpetual charter
Controls all street roads in Manchester and West Manchester. In
April, 1898, control was purchased by a Boston syndicate headed by
Tucker, Anthony & Co., the latter also owning the Manchester Electric
Co., which supplies electric power to the street railway. V. 66, p. 900
Stock—
Dale. Interest. Outstand'g. Last div’nd.
Stock, $250,000 (pai $100) .......
Text.
$150,000
1896-7,9%
1 st M. bonds, g., $250,000 5 1895 5 g . J - J
250,000 Jan, 1,1915
red. after Jan. l, 1905.. t Interest at Boston, Mass.
Road —I d June 30, 3 897, owned 201 miles track, standard, of which
a
4*3 miles second track and 1 mile sidings, etc. Rails 70 and 90-lb. T .
D iv id e n d s — In 1894-5, $2,500; in 1895-6, $3,958; in 1896-7, $11,417;
in July, 1897, $6,000.
E a r n in g s — For years ending June 30:
Gross.
Net.
Ini. < taxes. Dividends.
&
Balance.
1897-98... $158,885
$19,499 $16,568
$6,000
$3,069
1896-97... 145,e36
26,526
14,752
(9%) 11,417
sur. 359
1895-96... 139,266
57,331 14,968
(10%)3,958 sur.$38,405
O f f ic e r s — President, William A. Tucker; Treasurer, P. L. Saltonstall.
—V. 60, p. 259; V. 66, p. 900.
P o p u l a t io n 1890 w a s 8,327; in 1880 w a s 3,899
a n d in 1870 w a s 2.531.
M A R IO N STR EET R A I L W A Y —
O rg anizatio n , Et c .—Stock, $100,000. Operates 4 miles of track.
OFFICERS—President and Treasurer, E. Durfee; Vice-President, G..
Leffler Secretary, Gen. Man’r. Supt. and Puroh. Agent, G. E. Turner
M A R L B O R O U G H , M ASS.
P o pulatio n 1890
was 13,805; in 1880 w as 10,127;
in 1870 w as 8.474.
M ARLBOROUGH
STR EET
R A IL W A Y - A
trolley road.
ORGANIZATION—Incorporated March 27, 1888. In July, 1894, in
creased capital stock from $50,000 to $80,000. The Framingham
Southboro & Marlboro Ry., 8 miles, nearly completed in August, 1898
would, it was expected, be leased to the Marlboro Street Ry.
STOCK & Bonds—
Date.
Interest. Outstand'g.
Maturity.
See text
$80,000
4%in 1895-6
Stock$80,000 (par$100)...........
1st mortgage.... ............f 1894
6 J - J
80,000
July 2,1914
Sub.tocallatparafter5ys.) Interest at Intern’l Trust, trustee, Boston.
Loans and bills payable Sept. 30,1897, $41,000.
Sinking fund is sufficient to retire 60 per cent of bonds at maturity.
Dividend—In 1894-95, 2 p. c.; in 1895-96, 4 p. c.; in 1896-7, none.
R oad —Operates 7-37 miles of main track and *57 mile of sidings, eto
EARNINGS—For year ending Sept. 30 earnings have been:
1898.
1897. I
1898.
189T
None.
Gross earnings..$39,878 $34,766 |Dividends.......... None.
Net.. . ................ 5,976
8,431 1 Bal. for year, sur. $2,166 $1,387
Int’st, taxes, etc. 8,142
7,044 |Tot. sur. Sep. 30.............
4,422
OFFICERS— (January, 1897,) President, S. H. Howe; Treasurer, Philip
L. Saltonstall, 53 State Street, Boston; Superintendent and Purchasing;
Agent, H. E. Bradford; Clerk of Corporation, Fred. L. Claflin.
M ARSHALLTOW N,
IA.
P o p u l a t io n 1890 w a s 8,914; i n 1880 w a s 6,240;
AND i n 1870 w a s 3,218.
M A R S H A L L T O W N L IG H T P O W E R & R Y .
—A trolley road.
ORGANIZATION— Chartered July 1, 1892, with exclusive rights for-
M A N IS T E E , M IC H .
P o p u l a t io n 1894 w a s 13,419; in 1890 w a s 12,812;
a n d in 1880 w a s 6,930.
M A N IST E E F IL E R CITY & EAST L A K E
R A IL W A Y — trolley road
A
.
In 1895 the population was given in the Directory as 15,750.
STOCK & B onds —
Date. Interest. Outstand’g. Maturity.
Stock....................... - .................................. $150,000
1st mortgage,$200,000,g.c* 1 1898 6 g. J-J 150,000
Jan. 1,1918
($500 each) red. after > Int. at Metropolitan Trust, N ew York,
1903 at 105....................>
Trustee.
B onds —Mortgage provides that $4,000 must be drawn by lot at
105 yearly Jan. 1,1904, and after, but all firsts are subject to call at
105 on and after 1903. Bonds offered for sale in February, 1898.
Road —Feb. 1897, operated 11 miles of track; 22 cars; brick boiler
house; two large engines and generators; iron car house. Rails, 45 lb.
T. The line extends from Manistee to Filer City, East Lake and
Stronach, Oak H ill and Parkdale.
EARNINGS— For year ending Deo. 31, 1897, gross, $36,159; net,
$15,256. In 1896, gross, $35,986; net, $15,750.
OFFICERS— President, Treasurer and Purchasing Agent, G. A. Hart;
Vice-President, R. R. Blacker; Secretary, George W. Swigart.
M A N S F IE L D ,
OHIO.
P o p u l a t io n 1890 w a s 13,473; in 1880 w a s 9,859;
AND i n 1870 w a s 8.029.
CITIZENS’ E L E C T R IC
P O W E R CO.— trolley ro .
A
ad
RY.
L IG H T
&
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.
S tock & B onds —
Date.
Interest. Outstand’g. Maturity.
Stock, $400,000............................................
$125,000 ................
1st mort., $125,000 ($100 $ 1891
6 A -O
125,000 Apr., 1911
and $500).......................( int. at office, Rush Taggart, N. Y., Tr.
In April, 1898, stock was increased from $125,000 to $400,000.
R oad —Owns 9 miles of track. Extension proposed to Shelby, 3 miles.
President, S. N. Ford.
25 years, and equal advantages thereafter with any other company.
Runs electrical lighting and gas plant and electric railway.
STOCK & B onds —
Date.
Interest. Outstand'g.
Maturity.
Stock ($500,000) ($100)........................ .
$250,000f.p....................
1st mortgage ($150,000) ) 1893
6g. J-J
125,000
July 1,1912
g O id ($1,000).......... c.* 5 Int. at 1 1 Tr. & Sav;Bk., Chicago, trustee.
1.
EARNINGS— For years ending June 30 :
1897. 1896.
1897. 1896.
From passengers.$12,507 $12,873 Net (over taxes)..$17,167 $16,552
Other sources___ _ 27,752 26,760 Interest..............
7,500
7,50u
Total gross...... $40,259 $39,633 Bal., surplus....... $9,667 $9,052
R o a d — Total track. 3 ^ miles. President, C. D. Jones; Secretary, S'.
B. Hovey; Treasurer, M. W. Hovey.
M E M P H IS
TENN.
j
P o p u l a t io n 1890 w a s 64,495 ; in 1880 w a s 33,592 ;
AND IN 1870 WAS 40,226.
M E M P H IS STR EET R A I L W A Y C O .O r g a n iz a t io n — Chartered in 1895 and consolidated with the Citi
zens’ St., East End Street, City & Suburban and Memphis & Raleigh
Springs lines; franchise runs till 1945. No new bonds to Nov. 10, ’97
STOCK & B onds — Miles. Date. Interest.
Outstand'g. Maturity.
St’k$500,000($100)..................................
$500,000
..........
Citz. St. RR. 1st M. ) .40
1887 6 g. J-J
995,000 Jan. 1, 1916
($1,000), gold..o* s Int. atU . S. Nat. Bk. of N. Y. and Memphis.Tenn.
City & 8u b .R R ls tM ....
1891 6 M - S
$65,000
Mar. 1,1911
Subject to call aft. Mar. 1,1896. Interest at Security Bank, Memphis.
East End St. Ry. 1st M., 5 1894 6 A - O
$100,000
Apr. 1,1924
currency, ($100, etc.). ( Subject to call on 60 days’ notice.
Interest payable by Memp. Tr. Co., trustee of mort., Memphis, Tenn .
The $65,000 City & Suburban 1st 6s will be redeemable on Sept. 1,
1898.—V. 67, p. 371.
Road —Operates 66 miles of track in Memphis and suburbs as follows ;
Miles.
City & Suburban Ry............
5
Memp. & Raleigh Springs RR. 11
East End Street Ry.............
8
Citizens’ Street R R ............. 42
Rails 70 to 90 lb. T and Johnson.
OFFICERS—President, C. K. G. Billings; Vice-President, General Man’r
andPurch. Agent, F. G. Jones; Secretary and Treasurer, R. L. Benson
- V . 67. p. 371.
STREET
Henry M. Brundage, 31 Nassau St.. N ew York; Gen. Manager, W. A.
Grauten, Middletown, N. Y .—V. 65, p. 867; V. 66, p.574; V. 67, p
M E N O M IN E E , MICH.
P o p u l a t io n 1890 w a s 10,633, a n d in 1880 w a s 3,288.
M E N O M IN E E E L E C T R IC
W A Y & POW ER.
L IG H T
R A IL
O r g a n iza tio n —Chartered July 31,1891. Capital stock issued and
paid in $110,000; par, $100. First mortgage 6s of 1893, $38,000
due $3,000 yearly; interest J&J at First National Bank of Menomi
nee. Owns 6 7-10 miles of track. For year ending March 31,1896,
gross earnings from road, $20,091, against $20,105 in 1894-5; gross
earnings from electric light and powerplant, $22,541, against $21,315;
net of both in 1895-96, $11,532, against $10,987; net of both for year
ending A pril 30,1898, $12,187.
OFFICERS.—President, A. Spies; Vice-President, A. A. Carpenter;
Secretary, Treasurer & General Manager, E. Daniell.
POPULATION Estimated population in 1896 13,000
M E R ID E N , C O N N .
P opulation 1890
w as 21,652; in 1880 w as 15,540.
M E R ID E N E L E C T R I C
R A I L R O A D —Trolley.
ORGANIZATION—Organized August 14, 1886. In November, 1895?
•control was obtained by the N. Y. N. H. & H. RR. Co.—V. 61, p. 794.
S to ck & B o n d s Par. Date. Interest. Outstanding. Maturity.
..........
Stock, $1,000,000..
$100 ..................... $1,000,000
Meriden Horse BR. ? 1,000 1891
5 A -0
85,000 Oct. 1,1911
1st mortgage....... s Interest at Girard .Life, etc., Co. of Philadelphia.
Meriden Horse RR. ) .......
1894 5 g. J-J
$415,000 Jan. 1, 1924
con.M.,g.,$500,000 S Interest at Girard Life, Philadelphia.
Sept. 30,1898, bills payable, $118,875.
ROAD—In Meriden, extending also to Wallingford, 17^ miles in all.
EARNINGS—For year ending Sept. 30, 1898, gross, $106,531; net»
‘$27,293; interest and taxes, $30,445; bal., deftcit, for year, $3,152. In
1896-97, gross, $111,437; net, $21,539.
OFFICERS—President, N. H. Heft, N ew Haven; Secretary and Treas
u re r,'W . L. Squire, New Haven.—V. 61, p. 704, 7Q
4-
M IC H IG A N C IT Y , IND.
53
RAILWAYS;
480, 1003.
___________
M IL F O R D , M A S S .
P o pulatio n
in 1890 w as 8,780; in 1880 w as 9,310;
AND IN 1870 w a s 9,890.
M IL F O R D H O L L IS T O N & F R A M IN G H A M
STR EET R A I L W A Y — rolley.
T
ORGANIZATION —Commenced operation May 15,1896. In 1897 pur-chased entire capital stock of Milford & Hopedale St. Ry.
Capital stock is $210,000 (par $100). First mortgage gold 5s, J-J.
dated 1898, due Jan. 1,1918, $165,000.
ROAD— Owns 21*8 miles of track.
EARNINGS— Nine months ending June 30,1898, gross, $57,686; net.
$20,824; interest, taxes, etc., $10,645. President, W. B. Ferguson..
Treasurer, G. A. Butman, Malden, Mass.
M IL F O R D
&
H O P E D A L E ST.
R Y . - T r o lle y .
S e c u r it ie s — Capital stock $60,000 (par $100), all owned by Milford
H . & F. St. Ry. On Oct. 1,1897, loans and bills payable, $60,958; no
bonds. Owns 2’44 miles of track. Y ear 1896-97, gross, $12,942.
EARNINGS —For year ending Sept. 30,1896, gross, $6,914; net, $3,593;.
taxes, etc., $993; dividends (4 p. c.), $2,400; balance, year, $200?
President, W. B. Ferguson; Treasurer. G. A. Butman, Malden, Mass..
M I L L V IL L E , N. J.
P o pulatio n
in 1890 w as 10,002; and in 1880 w as 7,660.
M I L L V I L L E T R A C T I O N —A trolley road.
ORGANIZATION— This company owns the entire capital stock of theMillville Rapid Transit ($50,000) and operates in all 3'64 miles of track..
STOCK A B o n d s —
Date. Interest. Outstand'g.
Maturity1
$175,000
....... .
Stock, $175,000.........................
1st mortgage. $400,000,) 1894 5g. F - A
88,000
¿9 ^
gold ($1,000 each)___e* s Interest at Land Title < Tr., Phila.. Trus.
fe
“ Other debts” Jan.l,’98......................... .
$24,982
................
E arnings — For year 1897 gross, $6,327; deficit under operating,.
$4,233. President, G. B. Langley; Seo. and Treas., D. O. Lewis.
P o p u l a t io n in 1890 w a s 10,776; i n 1880 w a s 7,366.
■•LAKE CITIES E L E C T R IC R Y . —Trolley.
^'RECEIVERSHIP—In Feb., 1898, I. I. Spiro was appointed receiver
POPULATION 1890 WAS 204,468; IN 1880 w as 115,702;
Interest due Feb. 1,1898, was partly paid, but payment was stopped
AND IN 1870 WAS 71,440.
when receiver was appointed.
M IL W A U K E E E L E C T R IC R A I L W A Y &
LIGHTING p l a n t — Owns plant for commercial and public lighting,
A
pole line and wires covering entire city. Company has a 10-year con L IG H T CO.— trolley road.
ORGANIZATION— Incorporated in January, 1896, to succeed to the
tract with the city for lighting, from Aug. 1,1894.
property and franchises of the Milwaukee Street Railway Company,
STOCK & B onds —
Date.
Interest. Outstand’g. Maturity.
Common stock, (par $100)............................. $200,000
................ sold in foreclosure Jan. 29,1896, per plan in V. 60, p. 1009. Controlled:
Pref., non-cum., $100,000.............................
50,000
................ by the “ North American Co.” (See Miscellaneous Companies in I n
1st M., $300,000, g. ($500)) 1893
6 g.F-A.
75,000 Feb. 1,1923
vestors’ Supplement .) The Company besides its street railway sys
(In default, see above)o* ) Metropolitan Tr. Co., N.Y., trustee.
E arnings —I ncluding electric-light plant, for calendar year 1897 tem owns and operates electric-light and power works (costing $1 ,—
625,938) under franchises said to be exclusive. Was furnishing in.
gross, $15,683. For calendar year 1896, gross, $12,399.
May, 1896, 31,000 incandescent lamps, about 800 h. p. in motors and*
ROAD—Owns 6 miles of track. Rail 72-lb. T>—V. 66, p. 288.
I , 625 arc lights.
In March, 1898, to obtain new franchise company offered to makecertain improvements and extensions, to pay city $50,000 cash, and'
to sell tickets in packages at reduced rates goodi during certain hours,.
P o p u l a t io n in 1890 w a s 9,013; in 1880 w a s 6,826;
with full transfer privileges.—V. 66, p. 574. The ordinance requiring
a n d i n 1870 w a s 6,923.
the sale of tickets at less than five cents was deolared invalid and a.
M ID D L E T O W N & P O R T L A N D STREET RY,
permanent injunction restraining its enforcement was served on July
—A trolley road. Serves population of about 17,000.
ORGANIZATION— Organized Feb. 12,1894, and in Jan., 1898, consoli 1,1898.—V. 66, p. 1089; V. 67, p. 74,126.
Milwaukee Light, Heat & Traction Co.—Organized in December,.
dated with the Portland Street Ry., built in 1896 to Gildersleeve’s
1896, with capital stock of $500,000 and acquired Pabst electrio light
Landing.
«
EARNINGS Of old Middletown St. properties and a line to Wauwatosa, 21 miles, in interest of M i lStock, par, $25...issued, $135,000
Ry.—For 12 months ending Sept. Elec. Ry. & Light. In Deo., 1897, the Mil. & Wauwatosa Motor Ry.,
1st M., $150,000, gold, 5
guar, J -D ..................
90,000 30,1898, gross, $34,000. In 1897, North Greenfield & Wauwatosa Electrio Ry., Waukesha Electrio Ry.,
ross, $21,618. In 1895-96, gross,
(Dated 1894. Due 1915.)
23,333; net, $6,896; taxes, $813; and the Waukesha Beach Eleotric Ry. were conveyed to the M. L. H.
Portland Street 1st M. 5s,
int., $4,065; div., 4 p. c., $3,000: & Traction Co. Receipts of the Milwaukee L. H. & Traction Co. forM -N, 1896-1916........... 30,000
balance, deficit, $983.
1897 were stated as $55,515.—V. 65, p. 1221; V. 63, p. 1115.
R oad — Owns 7-05 miles of tracks and 0-9 miles of sidings. Also two
o TnnK A B onds —
Date. Interest. Outstand'g.
Maturity
Common stock (par $100)........................... $3,500,000
..........
miles of track to Lake View built in June, 1898.
3 500,000
.................
OFFICERS—President, Israel A. Kelsey; Vice-Pres’t, Abel C. Allison Pref. stock, $4,500,000, 6 )
n. 0.. non-cum., par $100 \ .......................
’
Secretary and Treasurer, J. K. Guy. INDEX—V. 62, p. 85.
MUw. City RR. 1st mort., ( 1888 5g. J - D
1,000,000 Dec. 1,1908
41 m.,$1,000,000,gold.o* ( Central Trust Co., N. Y. City, is trustee.
West side Street Ry., 1st 5 1889 5g. J - J
$500,000 Jidv 1,1909
mort.. covers 18 miles... ( Int. is payable at Farmer’s L. & Tr. Co.
Milw. El. Ry. & Light Co., 5 1896 5g. F - A $6,103,000 Feb. 1,1926«
oonsol.M.$8,000,000,g.o* (Trustee, Central.Trust Co., New York.
P o pulatio n 1890 was 11,977; in 1880 w as 8,494;
Interest on Milwaukee City RR. firsts and on consols at company’s ,
and in 1870 was 6,049.
office, 30 Broad Street, N. Y.
M ID D L E T O W N -G O S H E N TRACTION.
BONDS—New consols of 1896 for $1,500,000 are reserved for prior
ORGANIZATION —a consolidation June 22,1895, of the old Middle
town-Goshen Traction and the Middletown-Bloomingburg Electric Ry. bonds still outstanding and $1 ,000,000 are issuable for improvements
and extensions together with $1,000,000 pref. stock.—V. 62, p, 1038..
In March, 1898, control was purchased by New York capitalists
The company at the same time acquired Midway Park.—V. 66, p. 574 In March, 1898, there were listed on New York.Stoek Exchange $603,n Vov., 1898, W. B. Royoe of Middletown was appointed receiver.— 000 additional consols, making total amount outstanding $6,103,000..
V. 66, p. 520.
V. 67, p. 1003.
Road — Total track Dec. 31, 1897, was 137 miles—all trolley ex
q-rnrg A B onds —
Date. Interest.
Outst’d’g. Maturity.
Stock, $400,000, par $100............................. $275,000 f.p. .......... .. cept one branch of 5 miles to White Fish Bay, operated with dummie s ,.
Old Go’s. 1st mort. ,$200,000, S 1894 6g. J - J
200,000 Jan. 1,1919 but being replaced by an electrio line in June, .1898. The Milwaukee
gold, $1,000, s. f...........0* \
July, 1897, coupon last paid.
Middlet’n-Bloomb’g 1st M. \ 1895 6 M.&N.
75,000 May 1,1920 & Wauwatosa Motor Ry., 12 miles, was purchased in July, 1897, in
gold ($1,000)$200,000 s.f. (
November, 1897, coupon last paid.
interest of M E. Ry. & L. Co., and completed to Waukesha in June,
ROAD— Operates 13 miles of track extending from Middletown
1898; Waukesha & Pewaukee Beach Electrio was also purchased.
N. Y., to Midway Park, Goshen and Bloomingburg, including switches Line between Milwaukee and Pewaukee Late was opened in 1898,.
turnouts, etc. Rails 65-lb. T except *2 mile only of 80 lb. girder.
and in Aug., 1898, extension to Oconomowoo and other lake resorts
YEARLY E a r n in g s — Fiscal year ends June 30. Report for 1897-98 in Waukesha County was proposed. Extension to North Milwaukee
was in V. 67, p. 480. Earnings have been as follows:
2*3 miles, and several short extensions proposed to be made in 1899.
1897-8. 1896-7. I
1897-8. 1896-7,
G e n e r a l F in a n c e s —On Jan. 1,1897, current liabilities, including
Gross earnings... $46,620 $46,584 |Interest............ $16,500 $16,500 taxes and accrued interest on bonds, were $615,975; available assets,.
Net earnings..... 5,912
2,188 |Taxes........... —
1,622
1,545
Total n e t ! - .......
5,912
3,513 |Balance..........df.12,210 df.14,532 $102,875. Estimated cost of power house and track improvements
necessary to be made, $415,000. During l8 98 it. was proposed to OFFICERS— (March, 1898,) President, F. MoKeige, New York; Vice
President and Treasurer, Charles G. M. Thomas, New York; Secretary spend $ 1,000,000 in improvements.
M IL W A U K E E , W IS .
M ID D L E T O W N , C O N N .
f
M ID D L E T O W N , N. Y .
STEEET
RAILWAYS.
A n n u a l R eport —Fiscal year ends Dec,
See report
the
North American Co. in V. 66, p. 1186.
Year—
1897.
1896.
1895.
1894.
Gross railw ay___ $1,374.118
$1,211,093
$1,315,963 > $1,354,164
Lighting, etc.......
288,008
261,658
231,074 I
cost of construction, under a mileage limit of $15,000 per mile. Part
of these consols ($1,138,000 on June 11,1895), are guaranteed, principal
and interest, by endorsement of Twin City R. T. Co. See statement
to N. Y Stock Exchange in June, 1895.—V. 60, p, 1150.
Road—The entire system consists of 240 miles of standard-gauge road,
Gross earnings...$1,662,126
$1
,472,751 $1,547,037
* 1,354,164 all recently built or rebuilt, and thoroughly equipped. Two double
Operat’g expens.
988,015
1,012,645
958,541
918,094
track electric lines, 9 miles long, connect the business centres of the two
Net earnings---- $674,111
$460,106
$588,496
$436,070 oities.
BALANCE 8HEET JUNE 1, 1896.
On the principal streets of the cities 80-lb. rail with welded joints
Resources.
and imbedded in concrete was used.
Liabilities.
Property.................... $14,223,151 Stock, preferred........ $3,500,000
A second inter-urban line was completed and began to be operated
Supply department...
52,906 Stock, common..........
3,500,000
Consols to retire 1st
Consols.....................
7,000,000 on July l , 1898, affording direct communication with Como Park and
mortgage bonds. ... 1,500,00« 1st mortgage bonds... 1,500,000 the State fair grounds.
A ccounts receivable..
33,672 A rc Light Co. mort...
20,000
Trustee, appeal cases.
8,753 Bills and accounts
G eneral F inances —I n December, 1897, the balance of the oertifl.
6,700
Securities in trust......
payable..................
234,744 cates of indebtedness was paid off, partly by the issue of $577,000 of
Cash..........................
18,473 Accrued interest.......
127,083 preferred stock and by a loan of $750,000 for three years. On Jan. 1,
Profit and loss...........
44,872 Mil. St. Ry. securities.
6,700
1898, the treasury held $1,287,800 of 7 per cent preferred stock
Total.......................$15,888,527
Total....................... $15,888,527 bills payable outstanding were $102,127.
The company leases water power at St. Anthony’s Falls (capac
O fficers President, W. N. Cromwell. Vice-President, Henry
C. Payne, Milwaukee, W is.; Secretary, C. A. Spofford, New Y o rk ; ity 10,000 h. p.), which power is now used to run the entire railway
Treasurer, Edward Edes; Purchasing Agent, W. C. Vanden Berg. system in both cities.—see V. 64, p. 704.
L a t e st Earnings —10 mos.> 1898.Gross, $1,783,305 ; net, $940.301
New York office, 30 Broad St., N. Y . City.—V. 67, p. 74,126.
Jan. 1 to Oct. 31.
j 1897. Gross, 1,650,704; net, 824,590
Changes 9 months, $587,469 in 1898; $580,057 in 18 J7.
M IL W A U K E E
R A C IN E
& KENOSHA
A n n u a l R eport —Fiscal year ends Dec. 31. Report for 1897 was in
E L E C T R IC RY.— trolley road
A
.
O rganization —Formed in 1896, and operated from Milwaukee to V. 66, p. 424, 469, showing results on the entire property as follows:
1897.
1896.
1895.
Racine and subsequently to Kenosha, 32 miles. Road completed to
.$1,982,785 $2,037,935 $1,964,772
northern limits of Kenosha in November, 1897. In Oct., 1898, a fran
Receipts from other sources.
26,336
21,283
24,031
chise for a two-mile extension through Kenosha was obtained, of which
.$2,009,121 $2,059,218 $1,988,803
one mile to be built during the fall of 1898.
. $877,616
$875,787
$846,892
STOCK & BONDS—
Date.
Interest. Outstanding. Maturity.
52,464
53,785
51,702
.............
Stk.,$340,000(par$100) .......................
$300,000
72,000
65,587
80,891
1st M., $375,000.......
1898
6 M-S.
300,000
Mar. i, 1928
New Mortgage—New mortgage is for $375,000, of whioh $300,000
used to retire an equal amount of 1st 6s due 1926, the balance to be
used for extensions, additional equipment, etc. V. 66, p. 901,954.
From Jan. 1 to Aug. 1,1898, most of the time being under construe
tion, road earned all expenses and fixed charges.
OFFICERS—President,Matthew Slush; Vice-President, A. W. Bishop .
2d Vice-President, William G re if; Secretary and Treasurer, George J.:
Hoffman, care United Bank & Sav. Co.. Cleveland, O.—V. 63, p. 560 •
V . 66, p. 901,954.
M I N N E A P O L I S , M IN N .
P o p u l a t io n o f M in n e a p o l is a n d St . P a u l co m b in e d in 1890 w a s
297,894; in 1880 w a s 88,360; a n d i n 1870 w a s 33,096.
T W I N C I T Y R A P I D T R A N S I T - Cable and electric
road.
O r g a n iz a t io n —The company was organized under the laws of the
State of New Jersey, June 3,1891, and by virtue of its stock owner
ship of the underlying companies (to w it: The Minneapolis Street
Railway Co., The St. Paul City Railway Co. and the Minneapolis Lyndale & Minnetonka Railway Co.), it controls and operates the entire
street railway system of Minneapolis and St. Paul. The combined
population of St. Paul and Minneapolis in 1895 was said to be 400,000.
STOCK & BONDS—
Date.
Interest. Outstanding.
Maturity.
Twin 0%ty Rap. Tran.—
a
Common stock.$17,-)
.. $15,010,000
None.
000,000; par $100 ) .......
Preferred stok.cum.> , oak
Q
J.
1,712,200 Oct.,’98,1^%
$3,000,000 ($100) 5 ia95 7
Loan due Dec., 1900. 1897 6 per cent
750,000
Dec., 1900
Minn. St. Ry. Co.—
1st M., g.,red. atl05. ?, QQn
310.000 Nov. 1, 1910
yearly.
j io »u 7 g M. - N.
2d mort.,gold...o*&r 1883 6 g M, - N.
600.000 Nov. 1, 1913
1st consol, mort. gold,
$5,000,000.........c* 1889 5 g J.-ry- J.
4,090,000 Jan. 15,1919
St. Paul Oity Ry. Oo.—
1st consol. M., gold.. 1884 6 g A. - O.
680,000 Oct. 1, 1934
Cab. con., g., see text. 1887 5 g J./y-J.
3,618,000 Jan. 15,1937
Debentures, gold...... 1890 6 g M. - N.
1,000,000 May 1, 1900
A ll bonds are for $1,000 each, and interest is payable at Farmers
Loan & Trust Company, N ew York.
Capital stock—The capital stock is $20,000,000, of whioh $17,000,000 is common stock and $3,000,000 is 7 per cent cumulative pre
ferred stock.on whioh interest is payable quarterly.
For the preferred stock it is provided that if in any year dividends
amounting to 7 per cent are not paid on said stock, the deficiency
shall be a charge upon the net earnings of the company, and shn.ii
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 pay
able to the holders of the common stock.
Dividends—A ll dividends on preferred to and including.Oct., 1898
<1% per cent), have been paid.
See full description of property in application to the New York
Stock Exchange in June, 1895.—V. 60, p. 1148.
Bonds.—The Minneapolis Street Railway Co. jointly and severally
with the Minneapolis Lyndale & Minnetonka Railway Co. has issued
$5.000,000 5 per cent 30-year first mortgage and first consolidated
mortgage gold bonds, of which $910,000 are held in trust by the Farm
ers’ Loan <eTrust Company to redeem the $910,000 prior lien bonds. See
t
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 $4,298,000 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
..$1,002,080
$995,159
$979,485
..$1,007,041 $1,064,059 $1,009,318
Interest on bonds and 6% otfs..
r $618,131
$637,444
| $705,438 8,226
4,726
1
79,534
59,598
Taxes.
66,469
58,170
49,071
.. $771,907
Balance, surplus.......................... $235,134
$764,061
$299,998
$750,839
$258,479
Bala n c e S h e e t ,—Twin City Rapid Transit Company general
balance sheet of Deoember 31,1897, was as follows:
Resources.
Liabilities.
Roadway, &o............. $14,298,584 Stocks....... ............... $16,647,200
Securities valued at. IT 15,000,000 Bonds and 6% certs.
10,298,000
Notes < accts. reoeiv..
fc
121,175 Unpaid vouchers, etc.
55,690
Cash..........................
228,435 Pay-rolls,etc., not due.
79,469
Ins., etc., paid in adv.
6,103 Int. on bonds accrued.
206,233
Materials and supplies
110.497 Bills payable............
102,127
T. C. R. T. Co. stock
Loan Deo. 31,1900. .
750,000
.......... Income account—sur. 1,615,076
acot. to be adjusted.
Total...................... $29,754,796
Total................... $29,754,796
II N o t e .—Consists o f : Minneapolis Street Railway Co. stock, $5,000,000; St. Paul City Railway stock, $5,000,000; Minneapolis Lyn
dale & Minnetonka Ry. Co. stock, $385,000—total par value, $10,385 000; valued at $15,000,000.
OFFICERS—
President, Thomas Lowry; Vice-President, Secretary and
Treasurer, C. G. Goodrich; Auditor, J. F. Calderwood; General M an
ager, W. J. Hield. Fiscal Agents, J. Kennedy, Tod & Co., 45 Wall
Street, N. Y. (V. 65, p. 1127; V. 66, p. 424,428, 469.)
M O B IL E , A L A .
POPULATION 1890 WAS 31,076;
in 1880 w as 29,132;
and in 1870 w as 32,034.
M O B IL E L IG H T & R A IL R O A D — Trolley.
ORGANIZATION— A consolidation in April, 1897, of the M. L. < Rail
fe
way and Mobile & Spring Hill Ry. Franchise is perpetual.
_ STOCK & B onds —
Date. Interest. Outstanding. Maturity
Stock, $400,000, par $100-............................ $400 000
*
1st mortgage, gold ($1,000).. 1897 5g. J-D
400,000 June 1,' 1937
R oad , Et c .—O wns 14 miles of track in Mobile and extends to
Spring Hill, 4 miles; total traok, 18 miles. Company also owns
‘Monroe P a rk ” water power and 320 acres of land; also electrio
ght 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; VioePresident, L. H. Rust; Secretary, C. W. Chase.—V. 61, p. 282.
M O B IL E STREET R A IL R O A D CO.-A
trolley
road.
ORGANIZATION— Successor to the Mobile Street Railway, sold In fore
closure in 1892, and which was chartered Feb. 26,1888. The Mobile
Street Railway had a State charter for 50 years from June, 1887. Con
solidation of this road with thq Mobile Light & Power Co. has been
proposed.
S tock & Bonds —
Miles. Date. Interest. Outstand'g. Maturity.
Stock, $500,000................................................. $500,000
1 0 0 0 ° f ! f ^ e.'.S° “ :.$3“ -: } ....... 1893 6g M -N
210,000 May 1,1923
Other indebtedness............................................
(i)
Interest at National City Bank, New York.
Bonds—The mortgage of 1893 is for $350,000, and was issued for the
purpose of electrioally equipping the road, for extensions and improve
ments. The mortgage trustee is the Farmers’ Loan & Trust Co., N. Y.
Road —Operates 20-25 miles of track.
OFFICERS—President, J. C. Morris; Vice-President, F. J. Gasquef;
Secretary, R. B. Owen; Treasurer and General Manager, R. Semmes;
Chief Engineer, J. F. Me A viney. Office, Anthony and Royal streets
—V. 60, p. 929.
S TR E E T
55
R A IL W A Y S
N A S H U A , N. H.
M O L IN E , ILL.
P o p u l a t io n 1890 w a s 12,000; in 1880 w a s 7,800.
an d in 1870 w a s 4.166.
M O L IN E CENTRAL. STREET R A I L W A Y —
A trolley road.
ORGANIZATION—Chartered October 2,1884.
STOCK & B onds Miles. Date. Interest. OuManfig. Maturity.
Stk.$100,000*par$100 ...... ---**•
N ov 1 1904
1 st M., $100,000, cur...........
1889 6 M - N
48,000 Nov. l, 19U4
Mortgage trustee is the American Trust & Savings Bank of Chicago
Coupons are mostly paid at Company’s office.
Road —Operates 5 miles of track on 5 miles of street.
O fficers — President, W. L. Velie; Secretary and Purchasing Agent
E. H. Guyer, Rock island. TU.; Treasurer, .T S. Gilmore.
.
P o p u l a t io n 1890 w a s 19,311; in 1880 w a s 13,397;
a n d in 1870 w a s 10,543.
N A S H U A STR EET R A I L W A Y -T rolley.
O rganization —Incorporated Aug. 14,1885.
STOCK, Bonds
Date. Interest. Ou^tand^ng.
Maturity.^
Stock,$325,000,(par$100).......
. . . ...
, kn’ooo
A p r iil. 1911.
M ONTGOM ERY, A LA .
P o p u l a t io n 1890 w a s 21,883; in 1880 w a s 16,713,
a n d i n 1870 w a s 10,588.
1"/»Hères? at^STaäm a Trust C o" Nashua.
Subject to call April 1,1901
Loans and bills payable June 30,1898, $53,860.
R o a d — June 30,1897, operated 14-47 miles of track. In June, i
reported to have applied for permission to extend its tracks to State
line at Tyngsboro in order to connect there with the line to Lowell.
EARNINGS-Years ending June 30:
Gross.
Net.
Int. < taxes.
&
1897-98
$60,260
$15,873
$11.256
sur.$4,617
i
Q7 **
. 61,104
17,180
10.675
6.50&
1895-96’ " " " . " - * ....... 53,640
10,573
8.90R
1894-95......
26.840
def.1,323
8,155
def.9,47»
O fficers—P resident, John A. Fisher; Vice-President, August Fels;.
Treasurer, Percy Parker; Gen. Man.. P. F. Sullivan; Auditor, D. D_
M O N T G O M E R Y S T R E E T R Y . - A trolley road.
a consolidation, Aug. 1,1894, of the Cloverdale Land
<6 Improvement Co. with the Montgomery Terminal & Street Ry. Co.
which last then changed its name to present title. Has a perpetual but
Bartlett.
not exclusive franchise.
Date. Interest. Outstand’g
STOCK, BONDS E t c . Miles. Date, interest, uiusiav
000
Stock
...............................................^-----------------i
P o p u l a t io n 1890 w a s 76,168-, in 1880 w a s 43,350;
AND in 1870 WAS 25,865.
C IT IZ E N S ’ R A P ID
T R A N S I T —A. trolley road.
ORGANIZATION—Chartered July 29, 1889.
The Citizens’ Rapid»
Transit Co. also operates the Nashville Electric Ry.(3-71 miles), wh oh.
is the private property of O. T. Bannard of New York.
otock & B onds Date.
Interest.
Outstanding.
Maturity
Stock auth., $18,000; 5
.......
$18,000
..............
(par, $100).............( ’™
6g. j . j
60,000
July 1,19101st M., $100,000, gold. ^ M e re st at Trust Co. of Nor. Am., Philadelphia.
RoAD_Operates 10 miles of track and road, including Nashvill*
Electric Ry., 3-71 miles. In 1894, on 7*2 miles, earned gross $28,236.
O f f ic e r s — President, C. Flisher Secretary, T. O. Price; Treasurer
a,nd Superintendent, J. K. Spicer.
Index —v. 60, p. 606.
O rganization -
Maturity.
Bonds_The bonds unissued may be sold at the company’s discretion.
Road —In March, 1898, owned 14*2 miles of trolley road in city of
Montgomery. Rails 51^, 66 and 84-pound girder and 60-pound T rails.
Calendar years—In 1897, gross, $54,914; net, $27,709. In 1896,
gross, $57,290; net, $29,382; 1895, gross, $50,645; net, $22,730.
OFFICERS—President, J. W. Dimmick; Secretary, J. C. Virden»
Treasurer, G. W . Craik.
MONTGOMERY
SUBURBAN
STREET
R A I L W A Y - ^ trolley road.
O r g a n iz a t io n — Successor in Jannary, 1896, to West End & River
Side Electric Ry. sold in foreclosure in July, 1895.
STOCK & B O N D S Date.
Interest. Outstanding.
Maturity.
Stock.......................................................
$iuu,uuu
................
Mortgage.................................................
S Ml
. " V " '.
i
Road —I t is said to operate 4*2 miles of track and road. Additional
franchises granted in May, 1897.
OFFICERS— President,Alexander Troy; Treasurer, Robert Woolfolk
Office Court Square andDexter Ave.—V.61, p. 70.
M ONTREAL,
N A S H V IL L E , T E N N .
CANADA.
P o p u l a t i o n i n 1897 w a s a b o u t 250,000; i n 1891 w a s
216,650;
and
in
1881 w a s 155,237.
M O N T R E A L STR EET RY.-V. 6 , p 1000.
7 .
M U N C IE , IND.
P o p u l a t i o n i n 1890 w a s 11,345; i n 1880 w a s 5,219;
a n d in
1870
w as
2,992.
CITIZEN S’ STR EET R A I L W A Y . - A trolley road.
ORGANIZATION— Organized September 1,1893.
tion of Muncie said to be 25,527.
STOCK & B O N D S - H H
Date.
Interest,
Stock,com.,$2o0,000, ($1 0 0 ).........................
$500 and $1,000........... )
In 1897 the popula
$200>000
r Maturity.
.
.............
a V S . T r S « a f e ^ p ^
Philadelphia, trustee.
Ail the bonds may be called at any time.
E arnings —9 months, ?1898...............Gross, $82,410; net, $26,613
Jan! 1 to Sept 30. 51897.............. Gro.s, 46,531; net, 2d,000
Calendar year 1897, gross, $61,478 ; net, $28,377 ; in 1896, gross,
$57,545; net, $24,462; in 1895, gross, $60,986; net, $28,795.
ROAD - Owns 15-17 miles of track. Road projected, 2 miles.
OFFICERS— President, J. S. Talley; Vice-President, C, W. Talley
Secretary, G. F. McCulloch.
N A S H V I L L E S T R E E T R A I L W A Y - A trolley road
ORGANIZATION-Chartered in 1894, and succeeded to the property o
the United Electric Ry., sold in foreclosure in April, 1894. Has per
petual franchise, giving it exclusive rights on streets occupied. V 63 p. 1115. Fiscal year ends April 30.
STOCK & B onds
Date. InUrest. outstaying. Maturity.
Stock ($1,500,000 auth.).... ... ...
......_$1,500,000
1926
65,000
6J- J
McG. & Mt.V. Sum r St. 1st M. 1886
1937
485.000
6 J -J
Do 2d series................. 1887
200.000 Oct. 1, 1919
6 A -O
Do 2d mortgage.......... 1889
126,000 Jan. 1,1917'
6 J -J
Nashville & Edgefield 1st M. 1886
274.000 Jan. 1,1919
6 J -J
Do consol. M. $400,000 1889
1914
216.000
6 J -J
South Nashv. St. R R .ls tM .. 1884
Nashville St. Ry. consol. M .) 1895 5 g. j _ j
633,400 Jan. 1,1925$2 ,000,000, gold $1 ,000.. 5
8
__ v
Interest is payable by Moore & Schley, 80 Broadway, N. Y.
Of the consol, mortgage of 1895, $1,366,600 are in escrow to redeem
underiving bonds. $149,400 conml. 5s were issued to retire a like
amount of McGavock < Mt. Vernon 6s, paid Oct 31,1898—V. 67, p
fc
736 $50 000 Series A South Nashville Street 6s have been called forpaym ent’on Dec. 31, 1898.-V. 67, p. 1004. Floating debt Oct. 1,
1.S8S
3
4L2
46-9 miles of trolley road in city of Nashville, Tenn.
Rails 40-lb. T and 45 and 80-lb. girder. Cars, 84 motor and 32 trailers.
EARNINGS-May 1 to Sept. 30, 5 months (comparison with 18c :
.6)
_
arose
Net.
Interest.
Taxes. BaL.sur.
t qq7 q*
$154 793
$81,280
$47,96t>
$13,333
$19,981I S I " : : : : : : : : i5 o ,ii7
^ e i
47;966
8,234
is,i6 L
Gross
Net.
Taxes<
6Ins. Interest. B&l.,sur.
lfto«.P
rpRT
$350.426 $167,221 $21,481 $120,000 $25,7601895-6......" " " " . 322 566
139.804 ..........................................
1894-5 m i r i l l ....... 311,896
125.527 ..................... ....................
Total passengers carried; In 1897, 14,219,566; in 1896,9,854,823;
r o a d —Owns
in 18*5,9,107,095.
„ . „
OFFICERS— (Oct., 1898)—President, C. M. McGhee, 33 W all Street,.
New York; Vice-President, J. C. Bradford. V. 63, p. 78,1115 ; V. 64,
p. 135; V. 67, p. 736, 1004.
N A S H V IL L E & S U B U R B A N
M U S C A T IN E , I O W A .
P o p u l a t io n 1890 w a s 11,454; i n 1880 w a s 8,295;
AND in 1870 w a s 6.718.
M U SC A T IN E E L E C T R IC R A IL W A Y -A trolley
road and light plant,
_
O rgan ZATION— 1 hartered in February, 1893. Its charter is for 25
C
years, and its franchise for operating street railways giifes it, so it is
said the exclusive right to do street railway business in the oity for
the same period, 25 years. The gas and electrio 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 a period of ten years. The Home Electric L. &. P.
Co. was acquired in 1896.
STOCK & B onds Date. Interest. OnMand:g.
Malu™ty; „
s to o k ..................W
( 1898 6g. J - j
150’,000
Jan. i , 1913
1st mort., $150,000, gold. £
esubject to call at par Jan. 1,1908
Manhattan Trust Company is mortgage trustee.
ARNINQS—4 months, /1898................ Gross, $¿0,059 ; net, $8.228
July 1 to Oct. 31.
51807................ Gross, 18,781; net, 6,163
A n n u a l REPORT— For the years ending June 30 earnings were; In
1 8 a7 -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.
O f f ic e r s — President and Treasurer, W. A. Seevers; Secretary, M. E
Seevers.—V. 66, p. 574; V. 67, p-, 4 8 03 _
R Y . —A steam and
electric road.
. §
_
ORGANIZATION—a reorganization in May,1896,of the Nashville Trae
tion Co. Capital stock is $100,000. No bonds issued to June, 1896.
STOCK & B onds Date.
Interest.
Outstanding.
Maturity^
Stock, $100,000.............. .......................
$100,000
.............
road —Operates 9% miles, of which part steam and part electric.
O fficers —President, Wm. Checkley Shaw, Balt., Md.; Sec. and».
Treas., S. Harvey Bennett—V. 61, p. 559 ; V. 62, p. 85, 278, 502.990
N A T IC K ,
M A SS.
P o p u l a t io n 1890 w a s 9,118; in 1880 w a s 8,479;
a n d in 1870 w a s 6,404.
N A T IC K & C O C H IT U A T E ST- R Y . - T r o l l e y road.
O rganization —O wns 11 miles of main line track and H mile sidings.
Stock $100,000, par $100. No bonds. Unfunded debt Sept. 30,1897,$20,000. On August 1,1897, 2 miles of road through Framingham
was completed and equipped. In Sept., 1898, permission was asked toextend the road to Needham. Dividends—In 1893-4,6 p. e. on $31,100*
in 1894-5,3 p. o.; in 1895-6, 5 p. c.; in 1896-7, 6 p. c.
Earnings—For years eliding Sept. 30:
,
tAHNiNUo
(¡ross.
Net.
Int.<£taxes. Dividends. Bal.,sur
1896-97........... $45,738
$9,357
$1,682
$0.000
$1,675
1895-96........... 38,040
8,256
702
5,000
2,554
Total surplus Sept. 30,1896, $7,761.
___ —---- 5
-------
OFFICERS—Pres., Harrison H arw ood; Treas., R. W. Harwood- Clerk
F. H. Hayes.
L a t e st E arnings —Jan. 1 to Sept 30,9 months, gross, $149,029 in
1898; $166,701 in 1897.
*9
’
E arnings —F or years ending Sept. 30.
n
. 1898.
1897. I
1 qqq
i on«
S O U T H M I D D L E S E T s T R E E T R Y .- Trolley.
O rganization —Chartered in 1891. Originally Natick Eleetrio Street
Dividends paid..
By. running from Natick to Framingham, but in 1894 name changed Gross eams...$206, 1 3 8 $220,626|Bal.,sur.,for year $2 7 ,0 0 0 $37,000
’l “m
'z
7 1 ,OoO
17
9 qi a
and road extended from South Framingham through Ashland to Hon..taxes, etc. 29,526
31,116 |Total sur. 8ep.30. 50,000
77’650
kmton, a distance of 7 miles.
O fficers —President, H. H. Crapo; Vice-President, Thos. B. Tripp
S tock & B onds —
Date.
Interest. Outstand’g.
Maturity
Secretary and Treasurer, Arnold C. Gardner.—V. 63, p. 1061.
S
W K T O t « 1895
T e T T - *188:88?
&
£ &
Loans and bills payable Oct. 1,1897, $49,000
Interest payable at International Trust Company, Boston.
Dividends: In 1894, 6 p. c.; in 1894-95, 2*3 p. c.; in 1895-96 4 p. c,
ROAD—Owns 13ia miles of track; rails 45 and 50-lb. TE arnings —Y ear ending September 30, 1897, gross, $52,074- net
$21,034; interest, $8,030; taxes, $1,643; dividends, $5,500; bal
surplus for year $5,361, from which deduct $3,055 for depreciation.’
Total sur. Oct. 1, 97, $5,027. In 1895-6, gross, $51,009; net, $16,460.
NEENAH,
W IS .
NEW
B R IT A IN , C O N N .
P o p u l a t io n 1890 w a s 19,007; in 1880 w a s 13,979;
AND IN 1870 WAS 9,840.
C E N T R A L R A IL W A Y & E L E C T R IC —
O rganization Does both an electric light and street railway (trol
ley) business, being a consolidation of the New Britain Tramway and
* « 7 * T * m Eleotric'Light Co- Securities below include both railway
nd lighting plant. Population in 1895 estimated at 26,000. See edit
orial in V. 65, p. 1054.
StoJk($l*00?000)'i25
l s * m o ^ a g e (Trustee, (
P opulation 1890
w as 5,083; in 1880 w as 4,202;
and in 1870 w as 2,655.
^
1893
IntereSL
5 J -D
Maturity.
600 000 f D V o 'i‘ 1923'
B r ita iM o ia l 6«
0
at
^ 923
Coupon notes................. .7 is o s '
" ft * '
l o ’.OOJ
" " i g o 'e '* '
ROAD-Oct. 1, 1897, owned road 18-62 miles in length, being 4L.
O rg anizatio n , E t c .—Chartered in 1885-86. Purchased July 1 miles in city streets and 4*« miles to Plainville; 4 miles to Berlin;
1897, by Dagnon Improvement Co. of Cleveland, O., and motive power 3^2 miles to Newington Centre; switches, etc., 2 miles. Length of road
changed from horse to electricity. Road was extended to Appleton paved, 10-25 miles. The Newington Tramway was formerly owned
and Lake Winnebago. Stock (par $50), $25,000; 1st mortgage, (?). jointly with the Hartford Street Railway, but 3*a miles to Newington
Owns 4 miles of track.
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
P o pulatio n 1890 was 6,078; in 1880 w as 3,931;
New Britain to oentral part of Hartford, 10-42 miles. Rails 35 40
and in 1870 w as 2,559.
56, 60 and 67 lbs. Cars, 13 closed and 23 open.
E arning s —F or years ending Sept. 30.
* NEENAH
W A Y -A trolley ro ..
ad
STR EET
R A IL -
N E G A U N E E , M ICH.
w
m
! l ! c t r ! c -P E M IN G S T R E E T R A 1 E -
O rganization —Consolidation of the Negaunee & Ishpeming Street
Railroad Co., the Negaunee Electric Light Co. and the Ishpeming Electric & Gas Co. Capital stock paid in, $142,000; no bonded debt. Un
funded debt in Aug., 1897, $17,000. Owns 4 miles of track. Presi
dent, S. S. Mitchell.
NEW
1897
i
98
Dice, light.
!
!
l
Total gross.
8
!
Net.
. «
a
, * 1 °“ f et 1 1 1897-98 Paid taxes and bond interest, $40,152.’ In
1
1896-97 taxes, $6,605; bond interest, $26,650.
OFFICERS—President, A. M. Young, Waterbury; Secretary, E. H
Mather; Treasurer, F. G. Platt, New B ritain .-V . 65, p. 1054.
A L B A N Y , IND.
P o p u l a t io n 1890 w a s 21,059; i n 1880 w a s 16,423;
a n d in 1870 w a s 15,396.
N E W
A L B A N Y
R A I L W A Y —A trolley road.
B o n d h o ld er s ’ C o m m it t e e —L ouis Hartman of N ew Albany, Lafon
Allen and W. R. Belknap. Receiver is John MacLeod.
NEW
B R U N S W I C K , N. J.
P o pulatio n 1890 w as 18,603; in 1880
AND in 1870 was 15,058.
w as 17,166;
B R U N SW IC K TR A C TIO N C O —
O rganization —Organized May 14, 1895, to purchase, equip with
electricity and to operate the New Brunswick City Railway. In Janu
ary, 1898, was said to have reached an agreement with N. Y. & Phila
delphia Traction by which each company will build extensions and
In default. Trustee, Columbia Finance & Trust Co., Louisville! Ky^3 the two roads will form a continuous line from Perth Amboy to Tren
ton. In Oct., 1898, Gottfried Krueger and E. H. Radel were reported
Road —Operates 7 miles of track and road.—V. 64, p. 800.
to have purchased a controling interest in the New York & Philadel
phia Traction Co. Capital stock authorized and issued, $500,000
H I G H L A N D R A I L R O A D . —A trolley road.
On Dec. 31, 1897, unfunded debts, $272,666. the morteaee of
. OR^N'ZATION-LcQrporated in 1895. Succeeded on December 1 ,
1895, New Albany Highland RR., sold in foreclosure.
loon 1 for,$500’000 of 5
8
cent gold $1,000 c* bonds due July l
$25’000- l8t mortgage, $75,000, incomes for 5 years, dated
cannot be called• interest J. & J. (January, 1898), $170 1896, 5 per cent, J. & J., issued $56,000, due January 1,1921
000, Fidelity Title & Deposit Co. of Newark, trustee.
’
Road —T wo miles of track.
ROAD-On Jan. 1,1898, miles of track, 21*«. In May, 1898, it was
OFROERS-President, Henry Terstegge; Vice-President, John H. proposed to build various extensions about Plainfield very shortly In
Shrader, jr.; Secretary and Treasurer. Frank H. Gohmann.
July, 1898, extension from Bound Brook to Somerville was operated
Receiver’^5
certificates
Date‘
New Aibany Street Ry. 1st.. 1888' 6 J - J
NEW
^ s o o n n ^ Maturtt* ’
$15<£’ 00 July i ‘ 1913
0
BED FO R D , M ASS
P o p u l a t io n 1890 w a s 40,733; i n 1880 w a s 26,845; a n d i n 1870
w a s 21,320; i n 1898 (e s t im a t e d ), 60,000.
DARTM OUTH & W ESTPO R T STR EET R Y electric road.
A XX1,
An
1 ORGANIZATION, Et c .—Stock, $150,000; 1st mort., $150,000 dated
1895, gold, c* ($1,000 each), 5s A-O, issued $90,000, due April ! 1 9 1 5
trustee, International Trust Co., Boston, where interest is payable*
Dividends: In 1894-5, 8 p. e.; in 1895-6, 9 * p. c.; for 1896 97 8
р. c ; in 1897-8, 8 p. c.; in 1898, Jan., 2 p. c., April, 2 p. c., July J p
с. , Oct., 2 p. c.
J’ v
R oad -Connects cities of Fall River and New Bedford. Owns 9-84
miles of track and operates in all 14-27 miles of main track.
Earnings —Y ear 1897-98, gross, $96,914; net, $28,861; interest $4
500; taxes, etc., $10,605; dividends, $12,000; balance, surp. for year’
$1,756. Total surplus Sept. 30, 1898, $19,108. President F^ w ’
Bnghtman, Fall River, Mass.; Treas., A. O. Gardner, N ew Bedford*
M ass.
N E W B R U N SW IC K CITY R A IL W A Y —
^ ™ T ZAT,° N ° bartered in 1868< In M a^> 1895, control was sold
r
to the Brunswick Traction Company. Operates 7 miles of track.
Stock'°K & Bonds_‘ Miles- Bate- Interest. Outstand’g.
Maturity.
1st mortgage'".’ '.*.'.''........................L ' a TV
.
■
f- p*
Oth. debt Jan. 1 , ’ 9 8 ......A °
20l’939
EARNINGS-For year ending Deo. 31, 1897, gross’, $23*9927 deficit
under operating expenses, $4,950. In 1896, on 7 miles, gross, $23,745!
T?2/IiIC 1S~ Pre8ldent> Gottfried Krueger; Vice-President, Andrew
aR
Radel; Secretary and Treasurer, Edward H. Radel.
t
U N I O N S T R E E T R A I L W A Y —A trolley road.
O r ganizatio n —I ncorporated March 18, 1887. The population of
the city according to the company’s officials was estimated in Febru
ary, 1895, at from 55,000 to 60,000.
®T° ^ &B0NDS-
foQQeXten8i° « B0UndBr00kt0Plainfleldwas operated from Oct. 29
1898, connecting with Plainfield Street Railway and giving Plainfield *
trolley connections with New Market, Lincoln, Bound Brook, Finderne
Somerville, Raritan, New Brunswick, Franklin Park and Metuchen
EARNINGS-Year ending Deo. 31,1897, gross, $33,656; net, $11 949.
O fficers President, Gottfried Krueger; Vice-President, Andrew
Radel; Sec y and Treas., Edward H. Radel.—V. 62, p. 29.
Bate‘
M erest.
Outstand’g. Last div.,dtc
5. 3:? <
18:888SSPm
g., s. f., not subj. to call ( Int. at Old Colony Trust Co., Boston, trustee
CurreLt liabilities Oct.’98 .......
............
1 2 3 .1 0 »
Bonds -Consols of 1894 for $100,000 wera sold to retire L t ’m ort'5 s
maturing July, 1898.
N E W CASTLE, PA.
P o pulatio n 1890 w as 11,600; in 1880 was 8,418;
AND IN 1870 WAS 6,164.
N E W CASTLE TR A C T IO N -A trolley road.
NewRSLti?M ectTirn« r P + ted ^
c C 0^
12’ 1897- A consolidation of the
N ew Castle Electric Street Ry. and New Castle & Mahoningto wn Street
Ry. Popifiation m 1898 estimated by city officials at 32,000.
Stock,'$500.0(XM*5O> Bate'
Interest.
Outstanding.
Dividends.
u|l‘W
00-000- A i .*em t
*188:888 « ¿
o1’000-;:...... :® > Interest at Union Trust, Pittsburg, truitee.
-
Road —Owns 18*4 miles of track. Rails, 66-lb. to 80-lb. girder.
Dividends—In. 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 u c • -I B^RNINQS—ßecoil8truction completed in September, 1897 To Feb
Nov. 1, 1898, 2 p. c
* 897, o-f! ° perated only Part of the time. To June 30,1897 gross
ROAD—On Sept. 30,1898, owned 23-706 miles of trolley road (meas
C r 30,1898 a f ™ u; ; ):W
6,257! n6‘-*13'257- From * *
*»
»ept. 8o i S r (15 months), gross, $128,865; net, $55,364. *
ured as single track), of which 3-74
is sidings, switches, etc.
OFFICERS—President, R. R. Quay; Sec. and Treas., E. E. Hamilton
r f i
S TR E E T
NEW
57
R A IL W A Y S .
H A V E N , CONN.
P o pulatio n 1890
was 85,981; in 1880 w as 62,882;
and in 1870 w as 50,840.
Railway. In January, 1896, leased West Shore Railway for 99
years, guaranteeing interest and 5 per cent dividends.
St o c k & B o n d s —
Par. Interest. Outstanding. Last div. etc.
Ä
Ä
-
;
* » A r l-k
*5
»
Ä
S
F A IR H A V E N & W E S T V IL L E R R . - A trolley road 1st M. gold 1892,o* & r ) Interest at 1st Nat. Bank, N. Y., and in Boston
( at Safe Deposit & Trust Co.
Debentures, gold s. f., 51894 6g. M-S
$93,000
Mar. 1 .1 9 °
$3,500 yearly..........\ Subject to call at 102 after March 1,1899.
Interest at Boston Safe Deposit & Trust Co.
S tock —In May, 1897, the Legislature authorized an increase of
capital stock from $600,000 to $1,000,000 and extension of the tracks.
Dividend rate, 10 per cent.
Bonds—'The bonds are joint obligations of the Winchester Avenue
RR. Co. and the New Haven & West Haven and cover all property
owned or to be hereafter acquired under the charters.
R oad —In October, 1898, was operating 23-21 miles o f track, of
which 19-31 owned. Its lines extend to Union Depot, Savin Rook, City
Point, Evergreen Cemetery out Congress Ave. to Boulevard; also
Crosstown line to Read Street. Leases West Shore Ry.—which see.
ANNUAL R eport —Fisoal year ends Sept. 30. In 1897-98 gross,
$267,452; net, $122,159; taxes, $13,068; interest, $36,541; divi
dends, $64,000; balance, surplus for year, $8,550. In 1896-97 gross,
$248,320; net, $114,786.
GENERAL BALANCE SHEET SEPT. 30,1898.
Liabilities.
Assets.
Construct’n & equipm’t $901,792 Stook........................... $600,000
Bonds.........................
593,000
316,30«
Stock rights, etc..........
^2’ooo
Miscellaneous..............
34,862 Bills payable..............
222
Cash............................
15,400 Accounts payable... ...
Profit and loss....... .
2,941
ORGANIZATION—Incorporated June 20, I860.—V. 64, p. 134. OnNov.
1.1898, tlie New Haven Street Railway was purchased for $200,000
stock and $500,000 one-year notes, and was about to be merged
with the F. H. & W., the New Haven Street ini erest being dominant in
the consolidation. V. 67, p. 843,955.
Maturity.
S tock —
Par. Divid's. Outs'ding.
g ------------------H
J-J $2,000,000
$25 |
Stock auth. ($2,000,000).
N.H. & Centerville IstM .,
Sept. 1,1933
283,000
1893 5 g M-S
go.,assum’d byF.H.& W.
N ew Haven Street Ry.Sept. 1,1913
■
| ($600,000).. 1893 5 g M -S 600,000
ls t mort., gold
$500 and1 1 ,0 00 .......... s Int. at trustee, Am. L. & Tr. Co., Boston.
$
1st purch’e M.$250,000g..c.) 1894 5
J-D
250,000 June 1,1914
$1,000 not subj. to call... 5 Int. at trustee, Am. L. & Tr. Co., Boston.
F. H .& West. Notes........... 1898 ..........
500,000
1899
STOCK— The capital stock was increased in November, 1898, from
$900,000 to $2,000,000, to pay a dividend of 100 per cent in stock und
to meet part of purohase price of New Haven Street Railway.
R0AD_ I n November, 1898, consisted of about 65 miles of track, em
bracing following lines: Old F. H. & W., 20 miles, extending from
Fair Haven via Chapel Street, New Haven, to Westville, with branches
to steamboat wharf, out East Chapel Street, to railroad station, etc.;
N ew Haven & North Haven Street Railway, 2-2 miles; N ew Haven &
Centreville, 7% miles; former New Haven Street Railway lines, aggre
gating about 35 miles, and radiating from the business centre of New
Haven (“ The Green”) to East Rock Park, Fort Hale Park, the old
T o t a l.................... $1,268,363
T o t a l.....................$1,268,363
Government Light house and the Point, and the adjacent bathing
OFFICERS— President, W. B. Ferguson; Vice-President and Secretary,
beach, Lake Whitney and Lake Saltonstall, the suburban villages of
Morris Cove, Whitneyville, East Haven, Centreville and Westville; also I. A. Kelsey, West Haven, Conn.; Treasurer, J. T. Prince.—V. 62, p. 86
to Mt. Carmel, Cosey Beach and Mansfield’s Grove.
E arnings — For year ending Oct. 1, 1^97, roads now united had
earnings, etc., as follow s:
N . H.
N .H .
F.H.<& W. Street Ry.
Tear 1896-7— F.H.cèW. Street By.
po pu latio n 1890 w as 13,757; IN 1880 w as 10,537;
$10,185
G ro ss........... $304,048 $210,119 Taxes....... $10,800
and in 1870 w as 9,576.
Dividends. 21,237
25,000
Other............
5,647
44,272
Interest... 60,000
N E W L O N D O N STREET R Y -A trolley road.
Bal. sur. for yr.
9,846
1,982
$81,438
N et.............$101,883
ORGANIZATION —Incorporated in 1886, and has perpetual franchise.
For 9 months ending June 30,1898, F. H. & W. earnings were gross,
STOCK & B onds —
Miles. Date. Int.
Outstand'g. Last div.,etc.
$247,813; net, $108,256. Earnings of N. H. 8treet Ry. for same period
Stock^($500,000 auth.) j ..............
j _ j
$247,500
July’ 9 8 (2 1
a)
were gross, $144,756; net, $57,032.—V. 64, p. 134; V. 67, p. 843, 955.
lstM °,'$150,000,goid. 7-18 1893 5 g A -0
110,000
Oct. 1,1923
Interest and dividends are payable at American Loan & Trust Co.,
M A N U F A C T U R E R ’S STR EET R A I L W A Y .—
O rganization — Organized in May, 1896. Owns road 1*2 miles in Boston. Of the mortgage for $150,000 the balance unissued is reserved
length, used for freight purposes, running from a freight depot to a to be applied under laws of Connecticut for new property, as needed,
manufacturing section, part of the way on private land and part on at not exceeding 75 per cent of its cost.
Dividends July, 1894, 2*3 p. o.; in. 1895, 6 p. o.; in 1896, 7 p. c.; in
the streets. Power is obtained from Fair Haven line. Company owns
one electric locomotive. Capital stock, $20,000; no bonds, For nine 1897,7 p. c.; in 1898, Jan., 2*3 p. o.; July, 213 p. 0.
ROAD—Owns 7-18 mUes of road (single track) laid with 48-lb. T rails.
months ending June 30, 1898, gross, $4,107; net, $1,326 taxes,
LA TE S T E arnings — 10 months,? 1898...Gross, $49,530; net, $19,574
$714. President, George S. Bauman.
Jan. l t o Oct 31.
$1897...Gross, 47,012; net, 17,083
A n n u a l R epo r t — For years ending Sept. 30 earnings have been;
1898.
1897. I
1898.
1897.
N E W E N G L A N D STREET R A IL W A Y .
$13,061
O rganizatio n —Incorporated in February, 1893, under the laws of Gross earnings..$55,804 $53,822 |Bal. for divs„..$14,095
21,452 I Dividends...7% 12,375 7 / 17,325
o
Net earnings___ 23,644
New Jersey, to oontrol street railways in the New England States. In Interest paid—
5,500
5,500 1 Balance..........
1,720 def.4,264
Nov., 1894, controlled a large majority of the stock of the Winchester Taxes, etc.......... 4,049
2,8911Total sur......... 20,565
16,789
Av. RR. Co. of New Haven, Conn., and also controlled the Plymouth
OFFICERS—President and Secretary, Walter Learned, New London;
& Kingston Ry. Co. of Plymouth, Mass. See V. 63, p. 229.
Treasurer, S. Reed Anthony, Boston, Mass.; Superintendent and P u r
ft m r - .K —
Par. Dividend. Outstanding.
Last Div.
chasing Agent, L. Bentley. V. 61, p. 611; V. 62, p. 684.
-) $25 text Q .-J. $1,081,925 Oct. 15,’98,%%
Cap. st’k $5,000,000 I Dividends: In 1895,4% p. c.; in ’96, 4% p. o.; in
authorized.............( '97,Jan., 1 p.c.; Apl.,1 p.o.; J’ly,%p.c.; Oc.% p.c.
J in ’98, A pr , % p.o.; July, % p.o.; Oct., % p.o.
L a t e st E arnings —From January 1 to March 31, 3 months, gross,
$48,116 in 1897; $48,777 in 1896. For year ending Deo. 31, 1896,
POPULATION 1890 WAS 242,039; IN 1880 WAS 216,090;
gross (of Winchester Ave. and Plymouth & Kingston), $277,928; in
AND IN 1870 WAS 191,418.
1895, $262,417; in 1894, $237,190.
A L G I E R S G O U L D S B O R O & GRETNA
OFFICERS President, E. E. Floyd; Vice-President, A. R. Mitchell, Bos
ton, Mass.; Treas.. Israel A. Kelsey, West Haven, Conn.—V. 63, p. 229. R A I L W A Y —An animal road.
ROAD— Said to operate 3-75 miles of track. Capital stock, $25,000;.
bonds, $25,000. President, Treasurer and Supt., A. M. Halliday.
N E W H A V E N STR EET R Y —In 1898 purchased by
Fair Haven & Westville RR.—which see above. In Nov., 1898, con.
solidation understood to be pending.—V. 66, p. 843, 945.
C A N A L & C L A IB O R N E R R . - A trolley road.
O fficers — President, David Corey; Vice-President, C. A. Warren;
ORGANIZATION— Organized in 1888. Franchise (extended in 1896).
Secretary, Treasurer and General Manager, G. A. W. Dodge.
expires in 1962. Electrical reconstruction entirely completed about.
D irectors — T. S. Krutz, New York; T. M. Waller, New London; Feb., 1898. V. 66, p 520.
Conn.; S Harrison Wagner, David Corey, W. J. Atwater, Eli Whitney,
STOCK & B onds —
Date. Interest. Outstand'g.
Last div., etc..
See text, $240,000 f.p.
July, ’98,4%,
Jr., G. A. W. Dodge, J. J. Lawton, Chas. A. Warren.—V. 67, p. 320,955, Capital stock author’d, >
$240,000, par $100..)
1st mortgage, subject) 13 9 2 6 M -N
141,000
1912
NEW
LONDO N, CONN.
N E W ORLEANS, LA.
N E W H A V E N & C E N T R E V IL L E STREET
R Y . —Acquired in 1897 by Fair Haven & Westville RR.
W E S T SH O R E
R A I L W A Y —A trolley road.
ORGANIZATION—Commenced operating July 1,1894. From January
1897, road was leased for 99 years to Winchester Avenue Railroad,
interest and dividends at 5 per cent per annum being guaranteed.
S tock & B onds — Miles. Date. Interest. Outstanding. Maturity.
Stock, $200,000 ($25)..................
5
$80,000 f.p. 5% div. guar.
1st M., $30,000, gold, > 3-9 1894 5 J-J
30,000
J u ly 1,1914
subject to call....... SInterest at Merchants’ Nat. Bank, New Haven.
ROAD—Owns road 3-9 miles in length, extending from Savin Rock to
Woodmont in the towns of Orange and Milford. Also has trackage over
Winchester Avenue Line to centre of New Haven. Rails T 60 lbs.
President, James D. De well; Secretary, Israel A. Kelsey.—V. 62, p. 86.
WINCHESTER
A V E N U E R A IL R O A D —
A
trolley road.
ORGANIZATION—The New Haven & West Haven RR. Co., has been
absorb0**' by consolidation
Control held by N ew England Street
ConsffiJVL, gold,$800,- > 1896 6g. M -N
650,000
May 1 ,1946GOO ($500 & $1,000)) Interest at New Orleans office.
The consols were authorized for new construction, ohange of motive
power, etc., and $150,000 are reserved to retire the old firsts of 1912.
Dividends—Dividends of 5 per cent per annum have been paid, butt
in 1897 paid 8 p. o.; in 1898, Jan., 4 p. c. In July, 1898, a 4 per cent,
dividend was declared, payable on demand.
Road —The authorized mileage is 60 miles, of which 16 miles werecompleted to November, 1897.
OFFICERS— President, Jos. H. DeGrange; Sec. and Treas., B. J. D e
Grange. Managers, Ford, Bacon & Davis. Directors—Charles N e w
man, Harris Hyman, of Hyman, Hiller & Co , J. K. Stroudbaok, I. 8»
West, L. Fabacher, Joseph H. De Grange and O. H. C. Brown. V. 66
p. 520.
N E W
O R L E A N S
T R A C T IO N -(L IM IT E D .)
HISTORY— Organized in 1892 and acquired oontrol of the Crescent
City RR. and the New Orleans City & Lake RR.; also leased these
58
STREET
R A IL W A Y S .
Toals for ammal rentals of 6 per cent and 8 per cent, respectively, on
S tock & Bonds —
Date. Interest. Outstand’g. Last div. etc.
lie shares of capital stock not owned by it, besides interest on bonds, 8tock, $500,000, par $50............................ $185,000 June,’94,1 *2%
5 .-.-.
6 M -N
18,000 Apr. 30, 1912
*«te. Capital stock of each, $2,000,000; amount not owned by Trac Ronfla
.......... ■
................... X$1,000 subject to call May 1 yearly at par.
tion Co , Crescent City RR. $354,700; New Orleans & Lake, $622,900. Mort., $300,000, gold, o....... 1895 6 J-J 300.000
1912
100,000
1912
R eo r g anizatio n —A majority of the capital stock has been depos 8econd mortgage, gold, o...... 1897 6 J-J
Dividends—June, 1894,1*2 per cent; December, 1894, none.
ited with Fidelity Trust Co. of Louisville, in accordance with agree,
Road —Operates 9 19 miles of road on 9*2 miles of street.
-ment of stockholders’ committee, consisting of G. W. Norton, St. John
OFFICERS-President, Emllien Perrin; Vice-President A. C. WuerBoyle and J hn Russell. V. 66, p. 617. (See also annual report, V.
■ 6 , p. 381.) Deposits must be made and first instalment of assessment, el; Secretary and Treasurer, R. W. McMurdo.
6
6 per cent on preferred and 3 per cent on common, paid on or before
O R L E A N S & J E F F E R S O N R Y - —To be a trolley road.
Jan. 10,1899. at Fidelity Trust Co. of Louisville, Continental Trust
O rganization —Chartered in 1898 to construct a road from New Or
-Co., New York, or United Stites & Savings Co., New Orleans.
Pl a n .—The i*lan given in V 67, p. 736, issued in Oct., 1898, pro leans to West End and Lake City, La.
STOCK & B onds —
Date. Interest.
Maturity.
vides that the New Orleans City & Lake, or a new company to be Stock. $250,000 (par, $50)........................... Outstand’g.
$ 100,noo
...........
formed, shall acquire the lines of road, cars, franchises, etc. of the New 1st M.„ #300,000, gold.) 1838 5g. M.-S.
5,000 Feb. 1.1923
($1,000 each) c.*..........> Int. at Co/s office, 708 Union St., N.Orleans.
•Orleans City & Lake RR., The New Orleans Traction Co. and the Cres
8inking fund, payable yearly, is sufficient to take up bonds at ma
cent City RR. (the last-named free of all underlying mortgages), and
shall issue and assume the securities shown in the table farther below. turity. On Nov. 1,1898, name of trustee had not been decided on.
Road —To be 10 miles of track on 8 miles of road. Work was ex
■The exchange of old for new securities will be on following basis :
Si.oOO o f obi bonds *r
A m o u n t ,-------------W iH receive.- ------------,
pected to begin Nov. 15, 1898, and to cost $250,000. The City Trust,
notes a n d $100 o f old stock. O u t i'a i'ii.n - '. S e w B t n is
■ Of. S t k . Com. Stk.
Safe Deposit & Guarantee Co. of Philadelphia has given a $25,000
N. O. Traction Col. Trust6s.............$1,5 io.ooo
....
11,000
$500 00
•Crescent City RR. consol. 5s . ..
. 3,000,0 >
0
$l,0o0
bond to ensure construction of road.
minority stock ... ...... 354,700
.......
100 0
OFFICERS —Pres., Thomas W. Castleman; Sec., Ohas. W. Fox; Treas.
N. O. City & Lake RR. minor, stk.... 622,000
.......
110
25 00
New Orleans Traction stocks—
and Eng’r, Robert R. Zell.
Com.
“
Pref.
“
paying assessment o f (3 .... i
not paying assessment .... i
paying assessment o f $6 . . . )
not paying assessment..... f
- AAA AAA (
°,uu J,uo |
2 5 0 0 0 0 0)
J
.
.
__
.
3
6
2 -50
10 00
100 On
50 00
STOCKS and B o nd s .—Securit es after and before reorganization:
After reorganization—
Date
Interest. Outstand’g.
Maturity.
Common stock.......................................... $5,000,000 ....................
Pref. stock. 5 p. c. cum.............................
2,500,000 ....................
New gen. M., $3,250,000) 1898
4 5 g.
3,000,000
1943
gold............................ 5 Int.at 4 p. c. for 5 y’rs and 5 p 0. thereafter.
New Orl. City REt.,1st M. 1879
6 J-D 399,900
Dm. 1, 1903
New Orleans City & L a k e ) 1893
5 g J - J 2,599,5 0 Jan. 1, 1943
1st M. for $5,000,000 > Sab. to call tor s.f. on & aft. July 1,’98 at 110
gold. $500 < c
fe .......... «* ) Int. payable by J.&W . Seligman & Co., N. Y
N. O. Trac. Power -house) anrr g J D
143.000 June 1, 1917
1st M., g., s. f., $7,500.5 18 9 7
B fore reorganization—
--Common stock.....................
................................5,000,000 ......
Preferred stock........ ................
-----2,500,000 .....................
C o l l ateral trust notes, > 1894 6 g. M -N $1,500,000 May 1, 1904
$1,500,000, g o ld .........5
May, 1898, coupon not paid.
Power-house 1st M., gold 1897 6 g. J-D
143,000 June 1, 1917
A ssumed m ortgage debts ........ ................................ 109,000
......
Pills payable Dec. 31,’97 .......
232,800 ....................
2Ï.0 City & Lake (8% gu.) .......
8 J-J
622.900 Jan. 10,’98,4%
New Orleans City R R .... 1879
6 J-D
399.900 Deo. 1, 1903
New Orleans City<fe Lake I 1893 5 s J-J
) _
__________ | ___■ 1,H 1943
H
2,599,500 Jan.
1st M. for >$5,000,000.. 5 Sub to call tor s.f.on & aft. July 1,’98, at 110
6 J-J
354,700 Jan., ’98, 3%
Orese’tC. RR. (6% guar ) .......
1883
6 M -N
50.000
1897-99
1st mortgage..............
Consol.M.for $5,000,000, ( r8? 3 5Si
T
July 1, 1943
$500 &c., go ld,. . . . . . c* ) l nt;
by /- & W. Seligman&Co., N.Y.
e
’
(. Sub. to call for s.f. on & aft. July 1, ’98, at 110
The new preferred slock is to elfect a majority of directors until divi
dends 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 are to be a first mortgage on the lines of the
present Crescent City RR , and a lien after the consol. 5s of 1893 on
■the present li es of the New Orleans City & Lake. They wifi also be 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.
L a t e s t E arnings —9raonths > 1898...Gross,$998,494; net, $374 438
Jan. 1 to Sept. 30.
>1897 .Gross, 956,396; net, 296,411
Report for 1896-97 was in V. 66, p. 381. The position of the reor
ganized company appears from the following :
Year end
Tear end. Nine mos. end.
Nov. 3o,’ - 6.
Nov. 3 0,’ 9 7.
Sept. 1. ’98.
•Cross earnings................ $1 ,3 34 .2 "6
$1,230,256
$1,007,6 «>
Net..................
.......
585,727
391,423
385,532
Plus power-house earnings
.........
25,348
Total net without deduction of t a x e s ......
$410,880
New fixed charges for interest and sinking fund for
first five years $290,013 yearly, or for nine months
217,509
P i x e l charges after five years, $320,013 yearly, or for
nine months................................
240,009
R o a d —I n February, 1898, was operating 115 miles of track.
OFFICERS—President, R.. M. Walmsley (Jan., 1898); Secretary and
Treasurer, A. H. Ford, New Orleans. Directors: Albert Baldwin,
R. M. Walmsley, Frank T. Howard, C. H. Hyams, C. D. Wyman and
J. C. Denis, all of New Orleans, and G. W. Norton, Louisville, Ky. (re
signed in March, 1898).—Y. 67, p. 29,126, 690, 736.
NEW
ORLEANS
& CARROLLTON
R R .—
Date‘ } nti™ sh Outstand’g.
Last div.,etc.
Capital stock, $100.............. text Q-J $1,200,000 Oct. 20,’98.lV/r>
1st mortgage............... 1882
6 FA 90,000
1902
»0
do
................ 1882
6 FA 95,000
1906
"2d mortgage, gold......... 1893
6 F - A 350,000
C1905
Interest at Hibernia Nat. Bank, N. O. )
Notes for $250,000 issued in 1897 for floating debt and extensions
Dividends in 1894,1895,1896 and 1897, 6 per cent per annum; in
1898, Jan., 113 p.o.; Apr., 1 ^ p. o.; July, 1 ^ p. 0.; O o t, 1*2 p. c.
E arnings —Calendar year 1897, gross, $382,106; net, $177,690. In
1896, gross, $431,414; net, $169,517.
Road —Operates 16*2 miles of trolley track on 8Q miles of street.
OFFICERS-President (Jan., 1898), J. K. Newman; Secretary and
T rea s., W. V. Crouch; Managers, Ford, Bacon & Davis.—V. 66, p. 520.
ORLEANS
R A I L R O A D —A trolley road.
O r g an izatio n — Chartered July 1 , is37.
S T. C H A R L E S S T R E E T —A trolley road.
O rganization —Organized in 1866. Franchise said to expire in 1906.
STOCK & B onds —
Date.
Interest. Oulstand’g. Last div.,etc.
Capital stock, $50....
....
text, Q - J
$1,000,000 Oct. 24,’98,114
IstM . $15,000pd. y’ly
1881
6 J -D
75,000Junel’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., 1 ^ p. c.; Apr., 1^2 p. 0.;
July, I Q p. c.; Oot., 114 p. c.
ROAD—Said to operate 12 miles of track.
OFFICERS— President, A MoLellan; Sec. and Treas., N. Riviere.
N E W Y O R K C IT Y , N. Y .
P o pulatio n
in 1890 was 1,515,501; in 1880 w as 1,206,299
AND in 1870 was 942,292.
M A N H A T T A N R Y -—See I nvestors’ Supplem ent .
M E T R O P O L I T A N T R A C T I O N —See M e t r o p o l it a n
St r e e t R a i l w a y below and Y . 65, p. 620.
M E T R O P O L IT A N
STREET
R A IL W A Y —
Cable, underground trolley, 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. The Metropolitan Traction Company, which during the
growth of the system owned all the capital stock of the Street Rail
way was wound up in October, 1897, and its $30,000,000 stock e x
changed dollar for dollar for the stock of the Metropolitan Street Rail
way Co., a distribution of 20 per cent ($6,000,000) in debenture eertifl cates, which were paid Oct. 15,1898, being made to stockholders to
represent assets transferred to the Street Railway Company—(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.
The Metropolitan Street Ry. la s absorbed by consolidation the
following companies, embracing the “ lines owned.”
I n 1893—
H ou st. W e s t St. & P a vo n la F e rry .
Chambers St. & G rand St. F erry .
B roa dw a y R a ilw a y.
South F e rry R R .
I n 1894 a n d 1895M etrop o lita n Orosstown.
L ex in g to n A v e . & P a v . F e rry (C able).
Columbus & 9th A v e . R R . (Cable).
In addition the companies shown in the table of mileage as “ leased
etc.,” have been acquired from time to time by lease or stock owner
ship. The latest acquisitions are: In July, 1896, the New Y o rk &
Harlem RR.; in 1897 the Central Crosstown (in eluding Christopher
and 10th Street) and Second Avenue. The miles of track operated
has thus been increased as follow s: From 80 in 1893 to 131 in 1894,
to 140 in 1895, to 172 in 1896, to 230 in 1897.
New Electric Lines.—The company in Nov., 1898, was using its un
derground electric system on Eighth Avenue line from 158th to Canal
Streets; over the entire Fourth Avenue line; over the greater portion
of the Second Ave. line, and over the Sixth Ave. line from 59th Street
to 8th Street. The Broadway cable line also was being prepared for
operation with the same motive system.—V. 66, p. 337, 520, 616; V.
67, p. 530, 736, 956.
As to the relative earning capacity of the horse, cable and under
ground electric lines of the system see President Vreeland’s state
ment in V. 67, p. 956.
STOCK & B onds —
Date. Interest. Outstanding. Maturity
Stock ($100),$45,000,000........
Q -J
$40,000,000 Oct.15,’98,I Q
Metropol. Crosst. 1st M. $ T
•
¿pcP*
600,000 Apr., 1920
„,
.
t Int- at N. Y. Security & Trust Co., N. Y. City.
2d mortgage................. 1890
May.
300.000 Mav 1901
Lex A v.& P . Ferry Ist M., (1893
5g M-S
5,000,000 SepTi,1993
~ gold ... . . . . . . . . . . . . . . c *&r c Interest at Nat. Union Bank, New York.
Columbus & 9th Ave. (
1893
5g. M-S
3,000,000 Sep. 1,1993
1st mort., gold, c&r. XTrustee is Guaranty Trust Co., N. Y Crtv
Metropolitan Street Ry.—
•
>
Gen. coll. tr. M., $12,500,-; 1897 5 g .F -A
12,500.000 Feb 1 1997
000 g. ($1000, &c.) .c*<fcr \ Int. at Natl. Union Bank, N Y
’
Lessor Companies—
comjpaniesBroadway & 7th Ave. consol. 1893 5g J-D 7,650,000 Dec. 1,1943
Do underlying bonds......’83, &c.. 5 p. c. 4,850,000
1904-1924
23d St. 1st M ....................... 1893 6 J -J
I I
250,000 Jan., 1909
Do debentures................. 1884 5 J -J
150.000 Jan., 1906
BleeckerSt.& Fulton F. IstM. 1876 7 J -J
700.000 Jan. 1,1900
Central Pk. No. <feE.R. IstM . 1872 7 J-D
1,200,000 Deo., 1902
42d St. & Grand St. Fer. 1st M.1894 6 j- . r
236.000 Jan. 1,1909
2d Ave. 1st mortgage.................. 5 M -N
1,600,000 Nov., 1909
2d Ave. debentures...................'¿I 5
J-J
300.000 Jan., 1909
2d Ave. real estate m o rtgage...........
60,000
2d Ave. 1st consol, mort....... 18 J8 5g , F-Â
3,000,000 F e b .Ë Ï 948
STREET
STOCK—As to increase of authorized capital stock in July, 1898, to
94),000,000, see General Finances below.
DIVIDENDS—The dividends paid have been as follows, those prior to
1898 having been paid on the Metropolitan Traction Stock, which was
increased in 1892, from $20,000,000 to $30,000,000, and in October,
1897, was exchanged dollar for dollar for stock of Street Railway Co..
Year— ) 1891. 1892. 1893. 1894. 1895. 1896. 1897. 1898.
Per cent. 5 4
3
None.
5
5
5
5
0
In October, 1897, a distribution of 20 per cent in debenture certifi
cates (paid off Oct 15,1898) was made to Traction stockholders. (V.
65, p. 620.)
BONDS—The Lexington Avenue < Pavonia Ferry j s and Colum
&
bus <t Ninth Avenue j s were fully described in V. 60, p. 1146. Both
were guaranteed and later assumed by the Met. Street Ry. Co.
The general coll, trust mortgage of 1897 is secured by deposit of the
stocks (par value) of the Broadway & 7th Ave., $1,400,000; 42d Street
& Grand Street Ferry RR., $400,000; Central Park N. & E. River RR.,
$300,000; 34th Street Crosstown Ry., $990,000; also all property of
H. W. St. & P. Y. RR.. Chambers St. & Grand St. Ferry RR., Broadway
Ry., So. Ferry RR., Met. Crosstown Ry., Lex. Ave. & Pav. Ferry RR.,
Columbus & 9th Ave., and Ft. Lee Ferry Extension; also leasehold
interests, contracts, real estate (valued as below stated), etc. See ap
plication to N. Y . Stock Exchange in V. 65, p. 820.
Road — The system includes seven principal lines extending prac
tically the entire length of Manhattan Island, from the Harlem River
to or toward the Battery, with numerous branches and crosstown lines.
Lines Leased, etc—( Con.) Miles •
Lines owned.
Miles.
Gr. Cnt. St. toChamb’s St. F ’y.3'36 42d St. & Grand St. Ferry . 8-66
2d Avenue........................ 28*00
Gr. St. F ’yto Chamb’rs St. F’y.2‘07
Vesey & Church St. to So. Fer.0‘61 Sixth Avenue..................... 8*14
B ’way ,15th St. to Bowl’g G r’n.2*51 Eighth Avenue............ 20*00
Gr. St. Fer. to 14th St. Fer.N. R.3*28 N. Y . & H. RR. City Line... 19*32
(Not included in EarnsJ—
Lexington Avenue cable line. 6*19
4*85
Columbus & Ninth Ave. cable.3*26 28th & 29th Sts..........
1*74
Lenox Ave. undergr’d trolley.1*81 34th Street.................
Fulton Street.............
2*00
Branches .............................. 1*95
4*25
Second track........................24*79 Central Crosstown.....
Christopher & 10th St......
7*50
Total track owned............49 83
Total leased, etc............ 171*59
Lines Leased, etc.
Miles.
Total owned and leased ..227*28
Broadway & 7th A v ........... 16*44
23d St. and leased line......... 17*84 C a b le................................ 23*00
Ninth Avenue................
15*26 Underground electricity___ 81*0*
Central Park N. & E. River. 25*59 Horses (Oct., 1898), abt.... 123*28
N o te . ■The Broadway Surface line (15th St. to Bowling Green, 2*51
miles) has been consolidated into the Metropolitan Street Ry., but the
conduit and cable therein is the property of the Broadway & 7th Av.
RR. Co., which in consideration of right to use the tracks of the Broad
way Surface assumed certain of its bonds.
Inve stm e n ts —(See official list in V. 65, p. 826.)—The following is
the par value of the principal stocks and bonds of subsidiary street
railways, which in October, 1897, were the property of the company s
Broadway & 7th Ave., stock..$1,406,200 I 28th & 29th 8tS, (a ll), Stock, ,$l,&o0,fl00
Cent. Pk. N. & E. Riv., stock. 8 0 0 ,0 0 0
lBt mortgage boUis., ........ 1,000,000
Q -rn r*: A R o n d s — Par.
a+? I ° CK&BONDS
i on
Interest.
Outstanding. Maturity, etc.
li«.T.-.T.
$900,000
July, 98, %%
ï .- j .
7 0 0 .0 0 0
ja n ..i, 1900
R o a d .—23d St., N. R., to Fulton Ferry, 4*2 miles; 23d St., N. R., t o
Union Square, 1% miles; second track, 614 miles. Total line, 12*s miles.
i^ v t^ v .v .::::i,o o o
7
( 2 ) B R O A D W A Y & SEVENTH A V E N U E - A horse and cable road.
O rganization—Chartered May 26, 1864. Leased May 13, 1890,
for unexpired term of charter and for any extensions of the same
co Houston West St. & Pavonia Ferry, now Metropolitan St. R y.Co
R e n t a l interest on bonds and 10 per cent on $2 ,100,000 stock, o f
which Metropolitan Street Ry. Co. Sept. 30,1897. owned $1,406,200
Interest. Outstanding. Last dtv.,<6c.
St o c k & B o nds—
P a r.
$ 2. 100,000 July.^S^^^fc
10 Q —.
Stock.. ..........
luu
1904
1.500.000 J une,
5 J. - D.
Is Mortgage of 1883......1,000
1914
500.000 July,
5 J. - J.
2d Mortgage of 1884....1,000
1924
1.500.000 July,
5 J. - J.
B’way Surface 1st guar..1,000
1905
1,000,000 July,
5 J. - J.
do 2d M. int. as rent..1,000
350.000 Apr. 1,1919
5 A. - O.
So. Ferry 1st guar.........1,000
7.650.000 Deo. J A»*'
~X*
M of > 1000
5 g. J.-D.
7 ,0DU,UUU L»eo. 1,1943
-,
>93 for $12,500,000.. \ Interest at Guaranty Trust Co. of New York.
Of the consol, mort. of 1893, for $12,500,000, $4,850,000 is reserved
to retire at maturity the other bonds in the table. The outstanding
consols paid for laying the Broadway cable. The consols are guaran
teed principal and interest, under the terms of the mortgage by the
Metropolitan Street Railway Co., 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 Broadway Surface
1st mortgage bonds for $1,125,000 and payment of interest on the sec
ond mortgage bonds for $1,000,000, in part consideration for use of
tracks between 15th Street and the ferry. Under lease of South Ferry
road it also assumed that company’s bonds for $350,000.
Operates under contract. Miles.
ROAD— Owns in fee.
Miles.
15th St. down B’way to Bowl59th St. & 7th Av. to Barclay
Green (B'dway Surface) 2*51
St. and Broadway...........-- 4*22
Vesey St. to South Ferry....... 0*61
51st St. and 7th Ave. to Park
Second track........................ 3 *12'
Place and Broadway......... 4*00
Second track............
8*22
Total track operated......... 22*68
INDEX—v . 58, p. 733- Office 761 Seventh Ave.
( 3 ) CE NTR A L CROSSTOWN RR.—A horse road.
42d St. & Gr’d St. Fer., stock. 400,000 N o rth & E ast R lv e iL . •■ ........ 263,700
34th St. Crogst’n (all), stock.. 1,000,000 2d AVe,,Stock (utiOmcial) abt l,2lO,000
Cent. CrosS,. Stk.Cunoff.) over
59
RAILWAYS.
400,000
S e a l E s t a t e —The real estate in New York City (see V. 65, p. 826) j
O r g a n iz a t io n - Chartered March 28, 1873. May 28, 1890, leased
the Christopher & Tenth St. RR. at 8 p. o. on stock and interest on debt.
In May, 1897, control was obtained in the interest of the Metropoli
tan St. Ry., which in October, 1897, was said to own over $400,000 a 1
the stock.—V. 64, p. 1001, 1042.
S t o c k & B o n d s ,—
Pttr. Interest. Outstand’g. Last div.,<£€f
( i)
Stock ($6W ,000/,,
......... 100 7 Q. - J. $600,000
250,000
Nov., 192 *
—
I
1 st mortgage.................. 1,000 6 M. - N.
Dividends.-In fiscal year 1893-4 paid 7 p. c.; in 1894-5, 7 p. 0.; at
1895-6, 8*3 p. o.; in 1896-7,10.
Operated under lease.
Miles.
ROAD—Owned in fee.
Miles.
Christopher & 10th St. R R ......3%
23d St. and East River to HoSecond track............................ 3%
boken Ferry......................... 2
Second track...........................£
. 11 % ,
Total track.
Sidings................................... *4
A N N U A L R epo r t — For years ending June 30. (See V. 67, p. 9 5 1 ) :
1898.
1897.
1898.
1897.
G r o s s 'earnixigs.$576,995 $569,718 |Taxe^Ä rent.. $94,866 $91,143
159,296
N e t------ ------- 184,529
60,000'
4,556 Dividends.....................
Other income...
6,360
owned in fee, subject to the general mortgage & collateral trust
deed of 1897 (including $2,450,000 subject to the prior lien of the
Lexington Avenue mortgage) was valued in October, 1897, at $3,681,
969; owned by subsidiary companies, $8,389.750; total, $12,071,719.
G e n e r a l FINALES.—In July» 1897, $12,500,000 of general mort
gage and collateral trust bonds were sold, increasing the fixed charges
( 4 ) CENTRAL P A R K NORTH & EAST R IV E R .—Horse road.
by $625,000 per annum, to provide for changes in motive power, etc
ORGANIZATION— Chartered July 19. I860. LEASE-Leased to MetroThe Second Avenue RR. was taken over under lease March 1, 1898
politanRy Co. Oct. 14,1892, for length of charter and renewals thereof
dividends of 8 p. c. (after March 1,1901, 9 p. c.) being guaranteed.
at 8 per cent on stock tUl Oct. 1, 1897, thereafter 9 per cent (V55, p.
In 1898, the Second Ave. Company made a mortgage for $7,000,000.
894) Metropolitan St. Ry. owned in Oct., 1897, $300,000 of the stock.
In Aug.. 1899, $15,000.000 additional stock was authorized (making
A, RnwriA—
Par. Interest. Outstanding. Last Dip., etc
$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 llm ? S « e e” ,al “ '" " '. ’. ' . I . « »
S ffiS B f i & W *
called October 15,1898), and to provide $4,000,000 for change of 1 C a p o n s payable at Bank of New Amsterdam, New York City.
RoadLines Owned.
Miles.
Lines Leased.
Miles.
motive power, the remaining $5,000,000to be reserved in the treasury
54th StT& 10th Ave. East
Various portions of road....
3^
—V. 66, p. 337, 900,1237; V. 67, p. 178, 320.
and West to South Ferry..
9 ^ Second track.......................
31fl
L a t e s t E a r n in g s —For 3 months ending Sept. 30:
Total operated..............
26
3 m onthsGross.
Net.
Oth. ine. Int.,taxes,etc. Bal.,surp^ Weight oFrafi per yard...... 60 lbs.
1898....... $2,907,562 $1,440,951 $181,737 $1,070,849
$551,809
In July, 189 S extension was proposed from 59th Street to the
1897....... 2,217,942
1,003,591 164,386
783,791
384,1
86 Boulevard and along the Boulevard to Columbus Avenue.
A n n u a l R eport —Full statement for year ending June 30, 1898»
CH RISTOPHER < TE NTH STREETS RR.—A horse road.
fc
with balance sheet, in V. 67, p. 577, showing:
ORGANIZATION— Chartered April 25,1873. Leased to Central Cross
1«97.
1888.
1897.
I
1898.
$513,449
Gross earn in gs... .$9,««8,505 $8,888,803 |T a x e s .. . ...............
470,000 town May 1,1890, at 8 per cent on stock and interest on bonds.
N e t earn in gs........ 4,638,069
4,078,568, in te r e s t................
59(,486
2,171,801
STOCK & BONDS
Par.
Interest.
OutstandJg. Last div.,<6c.
O ther in com e....... 647,297 515,803 I R en ta ls........... ......... 2,296,463
Stock
....................... 100
8 Q .-J .
$650,000 Oct.,’98,2%.
T o ta l n et in c.. $5,285,366 $4,594,3711 Bal. fo r d iv ’ d s .fl,845.558 * i ,439.1
Real estate M .......................
M.-N.
30,000
D iv id e n d o f 5 p e r c e n t i n 1898 o n $30,000,000 c a lle d f o r $1,500,000 _
The $180,000 lets were'.be paid at maturity Oct. 1,1898 V . 67,p. 370*
A ls o in 1896-97 in t e r e s t ($98,692) o n in v e s t m e n t s w a s p a id i n t o t h e
.........
3%
Christopher St. Ferry to 10th
Second track
.........
7%
t r e a s u r y o f t h e T r a c t io n C o m p a n y , b u t t h e i n v e s t m e n t s a r e n o w o w n e d
St. Ferry, East River............2H T o t a l o w n e d —
Chris.St.Fer.to 14th St.& 4th a v .lH —V. 67, p. 370.
b y t h e S t r e e t R a i l w a y C o.
The following shows the growth of the company’s system;
A L L LINES CONTROLLED.
Tear
Miles.
Pav’d Pans. Transfers.
1LINES INCLUDED IN EARNS.—(Conc’l.)
Teal.
Miles. Pay’aJPass. Transfers
1896-97.
230 211,614,558 72,259.889 1394-95...... 140 109",686,472
H ‘ "
1893-94..... 131 107,036,624
LINES INCLUDED IN EARNINGS.
J896-97....... 180 177,338,677 66,929.611 1892-93..... 80 63,011,785
1895-96.... 172 145,965,251 28,450,996 1891-92.. . 61 45,239,670
9,671,697
5,306.645
3,203,832
2,645,& 0
OFFICERS— President. H. H. Vreeland; Vice-President D. B. Hasbrouck; Secretary, C. E. Warren; Treasurer, H. S. Beattie; Purchasing
Agent, A. C. Tully. Office, 621 Broadway, N. Y. Directors (Deo., 1897)
—P. A. B. Widener, W. L. Elkins, Thos. Dolan, Thos. F. Ryan, Herbert
H Vreeland, D. B. Hasbrouck, Chas. E. Warren, Henry A. Robinson,
and Hans S. B eattie.-V. 67, p. 126,178, 320,530, 577, 690, 736, 901.
956
Companies controlled by M etropolitan Street R y .
( 1 ) B LEE C K E R STREET & FU LT O N FE R R Y R R —A horse road.
O R G A N IZA TIO N —Chartered Dec. 12,1864.
Leased to 23d st. Ry. Co.
Jan. 10,1876 for 99 years ; lease assigned to Met. St. Ry., rental 7 per
cent on $700,000 bonds and 1*2 per cent per annum on stock.
( 6 ) E IG H T H A V E N U E RR.—A horse and underground trolley road
O r g a n iz a t io n Chartered Jan. 10,1858. Road is leased to Metro.,
politan Street Ry. for 99 years from Jan. 1,1896, at rental of $215,000per annum, which provides for interest on the scrip, 15 per cent divi
dends on stock and $5,000 additional. V. 62, p. 40. Underground
electric traction system used between 158th and Canal Street from
Nov., 1898.—V. 67, p. 178, 956.
Q-rnrg A BONDS— Par.
Interest.
Outstand’g
Last div.,<£c.
S toIk° *
... . 100
Quar.
*$1,000,000
See text.
sorip.'.'.*.::'.::::::.........100
6f; & a .
1 ,000,000
Feb., 1 9 1 4
Road—On 8th Ave.
Miles. I Second t r a c k ................ 1 ^
Vesey St. to Harlem River...... 10 |Weight of rail.......... .......... 60 lbs.
INDEX—v . 59, p. 780; V. 61, p. 364, 871, 925, 967; V. 62, p. 40.
( 7 ) FORTY-SECOND ST. & G R A N D ST. FE R R Y —A horse railroad*
ORGANIZATION— Chartered February 16,1863. Leased to Metropoli
tan Street Railway Co. from May 13,1893, for duration of charter andi
renewals thereof at 18 per cent on stock, payable in law ful money.
Met. St. Ry. in Oct., 1897, owned $400,000 of the stock.
STOCK & B onds — Par.
Interest.
Outstanding. Last div., dtc.
«took..
..
. 100
18 Q.—F.
$748,000
Feb.,’98,4 *8%
1st M. extended.... 1,000
6 J .-J .
236,000
Jan. 1,1909
ROAD—Company owns 42dSt., North River to Grand St. Ferry, East
’River, 4 33 miles; second track, 4-33; total owned, 8‘66.
( 8 ) FU LTO N STREET R A ILR O A D —A horse road.
O rg anizatio n .—Chartered Oct. 29,1895, to succeed to the property
•of the North & East River RR.. sold in foreclosure Oct. 10. The stock
«11 controlled by the Metropolitan St. Ry.
STOCK & B onds —
Bate. Interest.
Outstanding. Maturity,
Stock, $500,000........................................
$500,000
lstM .,g.,($l,000), guar. 5 1895 4g. M -N
500,000 Nov. 1,1995
p. andi. Met. St.Ry.c* * Trustee, Guaranty Trust Co. of New York.
E a r n in g s — For year ending June 30, 1898, gross, $59,492; net
=$27,341.
ROAD—The road constructed consists of 2 miles of track extending
rom Fulton Ferry along Fulton Street to West Street to Cortlandt
Street Ferry and to Barclay Street Ferry. I n d e x .— V. 62, p. 277.
( 9 ) N E W YO R K & H A R LE M RR.—Underground electric railroad.
O r g anization —Chartered April 23, 1831. Owns also a steam road
leased to N. Y. Central (see RRs.), its securities, which cover the electric
roads as well as the steam line, being described under the title New
York & Harlem among steam railroads in the I nvestors ’ Supple m e nt ,
The eleetrio (formerly horse) lines (19-32 miles of track) were leased
to the Metropolitan Street Ry. for 999 years from July 1,1896, for
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 H all to 135th Street, and to be extended two
blocks to Post Office when authorities allow the street to be opened.
Road —(Street Ry. only). Mites. I
4th & Madison Ave. line, Post
Second track........................ 9-66
Office to Mott Haven......... 8-63
Branches............................. 1-03 1
Total track....... ............. 19-32
OFFICERS—President,Cornelius Vanderbilt; Vice-President, Charles
C. Clarke; Secretary and Treasurer, Edward V. W. Rossiter; Superin
endent, Alfred Skitt.—V. 62, p. 949, 990,1088.
'(1 ® ) N IN T H A V E N U E R A ILR O A D —A horse railroad.
O r ganizatio n —Chartered July 29,1859. The road is leased to the
Metropolitan Street Railway Co. for 99 years from A pril 20,1892.
Rental—For first 5 years $48,000, which is equal to 6 per cent on
capital stock ($800,000), and thereafter $64,000—8 per cent on same.
Stock, $800,000; par $100; dividends, Q.—J. Road—Fulton Street to
125th Street, 8 miles; second track, 7-26 miles. Number of cars, 98.
=(11) SECOND A V E N U E RR.—Mostly underground electric.
O r g a n iza tio n .—Chartered Jan. 1,1853. Leased for length of char
ter to the Metropolitan Street Ry. at 8 p. c. on the stock for three years
from March 1, 1898, and 9 p. o. thereafter.—V. 66, p. 185. Motive
power changed to underground electric system in April, 1898, as far
a s Stuyvesant Square, cars running thence over 4th Avenue line to
City Hall.
„ S ecurities .—
Par.
Interest. Outsland’g. Dividend,dtc
•Stock............................
100 8 Q.—M.
$1,862,000
See text.
1 st mortgage................ 1,000 5 M. & N.
1,600,000 Nov., 1909
Debentures.................. 1,000 5 J. & J.
300,000 Jan., 1909
Mort. on real estate
60.000 ................
1st con.M.,g.,$7 ,000,000 ) 1,000 5 g. F. & A.
it oon.M.
3,000,000 Feb.1,1948
guar., p. & i. end— c* > Guaranty Trust Co., Trustee.
Of new 1st consol. 5s, $1,960,000 are reserved to retire securities of
earlier date, balance for improvements, equip., etc. V. 66, p. 900.
„ R oad —
Miles. o
« .
_
Miles.
2d A v., Harlem Riv. to.Peck Slip. 8
Second track......................... i r l ,
Branch to 92d St. Ferry........... 2
Sidings................................. 1
Branch to 59th St. and 1st A v . ^ ^ Total track owned
.......... *28
Weight of rails, per yard___ 60 lbs,
A n n u a l R eport —For years ending June 30:
Yr. to June 30. 1897.
1896.
_ ,
$ &
1897.
1896.
Gross earns.. $700,023 $893,189 Int. on bonds.. $98,000 $98,001
N e t . . . . .......
93,617
211,685 Taxes, etc...... 22,000
22,990
Other income
4,193
2,500 Bal. for. divs.. .df.22,190 sr.93,194
Dividends...(3*4)60,510 (5)93,100
Tot. income $97,810 $214,185
General balance sheet of June 30,1897, was given in V. 65, p. 276.
showing loans and bills payable, $215,000.
OFFICERS—President (elected May, 1897), Pierre Jay; Vice-President
T. J. Regan; Secretary and Treasurer, Oren Root, Jr.
INDEX-V. 63, p. 268, 881; V. 64, p. 235,472,664, 955; V. 65, n 276V. 66, p. 616, 900.
’
(1 2 ) S IX T H A V E N U E R A ILR O A D —A horse railroad.
O rg anizatio n —Chartered Sept. 6,1851, and leased to the Metropol
itan Street Railway Co. Feb. 1,1892, for 800 years. Rental is now
$145,000 per annum. (V. 61, p. 925.) On May 1, 1895, the depot
property (real estate) was surrendered to the Sixth Avenue Co. Stock,
$2,000,000;. par, $100. In November, 1895, the company paid a divi
dend of 20 per cent, the extra amount having been made possible by
large sales of real estate. Road owned—6th Avenue, 59th Street to
Canal Street, 3-44 miles; second track, 3-44 miles; sidings, -75 mil«
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 Nov., 1898, underground trolley in use between 59th and
8 th streets. See V. 67, p. 178, 736, 956.
(13)
T H IR TY-FO UR TH STREET OROSSTOWN RY.—A horse road.
O rg anizatio n —Chartered March 18,1896, being a consolidation of
the Thirty-Fourth Street RR. Co. and the Thirty-fourth Street Ferry
& Eleventh Avenue RR. Co. The stock of the Thirty-fourth Street
Crosstown Ry. Co. is all owned by the Metropolitan Traction Co.
SrcCKAND BONDSDate. Interest. Outstanding.
Maturity
B tO C K ....................................................................
1st M. ($1,000), guar. (
p. and 1. Met. St. R y.. \
$ 1 ,0 0 0 ,0 0 0
1896
5 A -O
1,000,000 Apl*.* 1,1996
Trustee, Central Trust Co., N. Y.
Road —The road constructed consists of 1-74 miles of track owned
extending from foot of East 34th Street to foot West 34th Street, with
trackage to 42d Street Ferry, etc.—V. 60, p. 83; V. 62, p. 549.
(14) TW E N T Y -E IG H T H A N D T W E N T Y -N IN T H STREETS CROSS
TOW N R A IL R O A D —A horse road.
O rganization —The Metropolitan Traction purchased the property
In September, 1896, owning in Oct., 1897, all the stock and $1,000,000
ot the bonds. In May, 1898, contracts were let for change of motive
power to compressed air. See V. 67, p. 178; V. 66, p. 900.
JIStock & BONDS—
Date. Interest. Outstanding.
Maturity.
Stock, $1,500 000 ($100)............................ $1,500,000 .......
V
1st M., $1,500.000($1,000) l 1896 5g. A -O
500,000 Oct. 1, 1996
gu.p*iend.,M.St. Ry.g.c* 5 Trustee, Central Trust, New York.
In Dec., 1897, only $500,000 bonds were outstanding, the balance
reserved to introduce mechanical power when deemed advisable.
Road —June 30,1897, main track and branches, 2 % m iles; total in
eluding sidings, etc., 5-68 miles.—V. 63, p. 602, 661, 839.
E arnings —F or year ending June 30 1898, gross, $115,894; ne
$57,995.
(15) TW E NTY-TH IR D STREET R A IL W A Y —A horse railroad. The
underground electric traction system is to be introduced.—V. 64, p. 9 53 .
O r ganization —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.
„ S tock & B onds .— Par.
Interest.
Outstand'g. Last div., dtc.
100 18
Stock....................
Q.-F.
$600,000
Feb.,1898, 4*s
IstM .,$250,000,e x t .) ,
„
J.-J.
250,000
Jan. 1,1909
in 1893 .........
51»000
6
5
Debentures................. 1,000
J.-J.
150,000
Jan., 1906
Road —Lines owned.
Miles.
Lines leased.
_
Miles.
23d St. North to East River... 1*58 Bleecker St. & Fulton Ferry RR.
Branch to 34th St. Ferry........0 20
23d St. to Fulton Ferry, eto. 14^
Second track.......................... 1-92
Weight of rails....................47 lbs.
Total track operated.......17-84
T H I R D A V E N U E R A I L R O A D —A cable railroad.
O r g a n iza tio n .—Chartered Oct. 8.1853. A cable road since Deo. 5,
1893. In Nov., 1895, purchased control of the 42d Street Manhattanville & St. Nicholas Ave. line. See V. 61, p. 872, 926. Control of Dry
Dock E. B. & B. was obtained Aug. 23,1897. (V. 65, p. 194). In Janu
ary, 1898, a majority of the stock of Union Ry., N. Y., was pur
chased.—V. 66, p. 135. In Sept., 1898, Union Ry. purchased Yonkers
RR. V. 67, p. 635. In October, 1898, consolidation with controlled
lines and electrical equipment of entire system pending. See below.
Franchises for extension on Kingsbridge Road were obtained by
Third Avenue RR. people, and in Jan., 1898, the Kingsbridge Ry. was
incorporated with capital $1,000,000 to build 835 miles, and, in July,
1898, permission was obtained from the State RR. Commissioners to
construct the road, the Met. St. Ry. and Third Ave. RR. agreeing to
use only one set of tracks on suoh parts of the Boulevard as their
routes may be coincident.—V. 66, p. 236.
STOCK & B o n d s . Par.
Interest.
Outstanding. Last div., dtc.
Stock (see text)....... 100
Q.—F.
$12,000,000 Nov.30,’98,1 ^
1st mortage, gold.1,000 5 g. J. & J.
5,000,000 July 1,1937
On Nov. 1,1897, there were other mortgages outstanding for $106,000 and loans $3,972,400.
STOCK—In October, 1898, $2,000,000 new stock was issued, making
total $12,000,000 stock outstanding. The proceeds “are to be
used for the purpose of providing funds to change the cable system to
the underground eleotrioal system upon the Third Avenue, 125th
Street and Tenth Avenue lines.” This new stock was offered to stock
holders at par. In regard to this knd additional issues in prospect, an
official of the company said: “ Further issues will be made in all prob
ability, from time to time, as additional moneys will be required. The
amount required for improvements will not be more than $15,000,000,
and the total amount of stock issued in any event will not exceed
$35,000,000. A consolidation between the present Third Avenue and
some of its affiliated companies is being considered, and if carried out
the additional stock will be that of the consolidated company.”
ROAD— Owned.
Miles.
Controlled but oper. sepa
City H all via 3d av. to 130th st. 81
*
rately.
Miles.
North River to 125th st., E.R. 2*2 Dry Dock E. B. &Bat. R y.. 10*4
10th Av., 125th to 186th sts.. 3 ^ 42d 8t Man.& St. Nioh. Ave. 12‘45
Second track.......................
14
Union R y ........................... 16-20
Yonkers R R ....................... 10-00
D ividends —In 1892, 7 p. c.; in 1893, 4 p. c.; in 1894, 8 p. c.; in 1895,
p. 0.; in 1896,9% p. c.; in 1897, 8 ^ p. o.; in 1898, Feb., 2 p. c.; May,
p. c.; Aug., 2 p. o.; Nov., 1% p.c.
Loans and bills payable June 30,1898, $9,693,348, but $2,000,000
stock has since been sold at par.
In 6 months of 1897 paid dividends $400,000, against $500,000 in
1896; loans and bills payable Dec. 31,1897, $4,799,400.
A n n u a l R e p o r t .—Annual report in V. 67, p. 1053, showed:
Years ending Oct. 31—
1898.
1897.
1896.
Gross earnings............. ...... $2,359,799
$2,570,842
$2,610,161
Net earnings.............
1,079,334
1,126,194
1,202,744
Other income.......................
42,316
47,368
66,953
Total income.................. $1,121,650
Taxes and interest..............
369,578
Dividends..........................(8%) 800,000
$1,173,562
372,286
850,000
$1,269,697
367,463
890,000
Balance......................... sur.$47,928
def.$48,724
sur.$12,234
Assets—
.
1898.
$
BALANCE SHEET JUNE 30.
1897.
$
Cost o f road and
equipm ent.......... 15,905,475 14,199,115
Perm m an en t in
ves tm en ts........... 8,980,264 2,463,404
Cash.....................
179,541
341,006
T o t a l.............. 25,065,280 17,003,525
Liabilities—
1898.
$
1897.
$
Caoital stock....... 10,000,000 10,000,000
Funded d e b t........ 6,000,000
5,000,000
L o an s..................... 9,693,348 1,675,000
Bonds and m orts.
106,000
106,000
In t. due and a cc’d
125,000
125,000
A ccou nts payable
104,482
80,996
P r o fit and loss, sur. 36,450
16,528
T o ta l............... 25,065,280 17,003,624
OFFICERS.—President, A. J. Elias. Office, 65th Street and Third Ave •
In d e x —V. 66, p. 134,135, 236, 343, 473, 955, 1047; V. 67, p. 4 8 0 .
484, 635, 691,1
'738, 801, 8 9 9 , 1053.
STREET
( 1 ) D R Y DOCK EAST B R O A D W A Y & B A T T E R Y —Horse road.
ORGANIZATION— Control obtained by Third Ave. RR. Aug. 23,1897.
61
RAILWAY'S.
standing Oct., 1898. No further bonds can be issued prior to the
ssue of a like amount of stock.—V. 67, p. 433.
OFFICERS— President, 8. R. Bullock; Secretary, C. V. D .B*ek;Treas
urer, H. T. Jennings. DIRECTORS— (Elected August, 1897)—Samuel
R. Bullock, of Philadelphia; V. A. Krepps, of White Plains; Herbert T.
Jennings, William D. McQueston and Charles B. French, of Mount
Vernon, N. Y.; Dwight 8. Mason, Charles V. D. Beek, Paul Armitage
and William J. McCormick, of New York.—V. 67, p. 75, 435.
p_ 1 9 4 . Underground trolley is proposed in place of horses.
A RnNDSPar.
Interest. Outstand’g.
Last div., dc
- « t n I ° CK *
. 100 6
Q .-F . $1.200,000
Aug.*98,113%
N ew mort"'¿¿id, 1892. .1,000 5 g. J. - D.
950,000
Dec. 1,1932
E. - A. 1,100,000
Feb.
1914
•Cert.ofdebt not sub.to c. 100 5
Miles.
Miles. I
ROAD— (60-lb. raUs)
I „ „ line
................. .........Sidings................................... 4-3
10-4
Main
Second track."...................... 5-7 I Total owned......................... 20-2
P E O P L E ’S T R A C T IO N CO.-To be a trolley road.
D ividends — Since 1891, for fiscal year ending June 30: 1891-92,
O rganization —A consolidation in February, 1898, of the People’s
5 per cent; 1892-93, 6 per oent; 1893-94, 2 ^ per cent; 1894-95,4^2 Traction and N. Y. Westchester & Connecticut Traction. About 68
percent; 18 9 5 , August, l 1 p. 0.; Nov., lJ a p .o ; in 1896, 6 p. 0.; in miles of road are projected. Under its franchise the old People’s
«
1897, Feb., 1 ^ p. c.; in 1898, Feb., 1*2 p. o.; May, 1*2 p. 0.; Aug., 1 ^ Company connects with Manhattan Island by proposed bridges over
>p. c.; Nov., 1*9 p. c.—See V. 64, p. 843.
the Harlem. It parallels the Harlem between 134th and 172d streets,
A n n u a l R e p o r t — Fiscal year ends June 30. Results for 1897-8, and its lines touch the Bronx River at Lafayette Avenue, West Farms
with balance sheet, were given in Y. 67, p. 952, as fo llo w s:
Road and Bronx Park. The Westchester & Connecticut has a route
1898.
1897.
Yr.end.J’ne 30. 1898.
1897.
from Lafayette Avenue through Bartow to the city line, and from
•Gross earnings.$669,7l3 $687,646 Interestto- * ] $131,798 $137,626
Bronx Park along the Boston Road to the same boundary.
N et............
201,638 173,831
a)54,000
Other income...
5,754 31,067 Dividends.. (6)72,000(41
In July, 189«, purchased the North Mount Vernon Ry., built in 1896,
extending over Chester H ill from North Third Avenue, l 1 miles,
«
Net income...$207,392 $204,898 Bai. for year.su.$3,594 su.$13,272
and proposed at once to convert it into a trolley road and endeavor to
INDEX—V. 64, p. 843,1041; V. 65, p. 194, 5 68; V. 67, p. 9 52 .
secure additional franchises in Mount Vernon and extend the Chester
(2) FORTY-SECOND ST. M A N H A T T A N V IL L E & ST. NICH OLAS Tim line to White Plains.
Av
R Y .—A horse road.
S took —The combined stock of the old companies was $2,100,000.
O r g a n iz a t io n — Chartered Aug. 29,1878. In November, 1895, control
OFFICERS— President, W. A. Boland; Vice-President, Silas B.
was purchased by the Third Avenue RR. bee V. 61, p. 926. Motive
Dutcher: Secretary and Treasurer, Frederick O. Cooheu. Among the
rpower was being changed to underground electric system in Nov., 1898. new directors are P. H. Flynn, W. A. Boland, John McCarthy, Silas B.
STOCK & B onds - Par.
Interest.
Outstand’g Last div., dc.
Dutcher, F. C. Cooheu, Joseph White and W. J. Kennedy.—V. 63, p. 969
»TOOK. ...................<1,000
6 M -S
1,200,000
Mch., 1910
1st m o rtgage......... J
interest at Union Trust, N. Y. City.
W A L L & C O R T L A N D T ST. F E R R IE S R Y .2d mort. income 6s....1,000 6% as earned.
1,500.000
Jan., 1915
Suocessor to the Fulton W all & Cortlandt Street Ferries RR. sold
100,000
Real estate mortgage.
5%
................ under foreclosure on Aug. 25, 1898. V. 67, p. 428, 488. Projected
... ...
65,000
*81118 payable June 30,1897
Miles. from Fulton and from W all S t . ferries, East River, to Cortlandt and
Road —
Miles.
42d St. No. River to E. River. 1*97 Other mileage.................... 2*76 to Liberty St. ferries, North River, 2*7 miles. Stock, $1,000,000.
Branches.............................. "41 Directors; F. D. Moffat, Charles Base, K. 8. Hogg, E. L. Conant, H.
59th St. via 10th Ave. to Manhat. St.................................329 Second track........................ 12*45 W. Bean, M. E. Gill and J. P. Sheffleld.-V. 65, p. 1173; V. 67 p. 428.
42d St. via 7th Ave., etc., to
Total owned.................. 24*90 488.
^ ________
^Boulevard, etc....................4*02
A n n u a l R eport —
1898.
1897.
Yr.end. June 30. 1898.
1897.
$72,000
Gross earnings.$703,975 $720,063 Irt. on bonds..$72,000
P o pulation 1890 w as 181,830; in 1880 w as 136,508;
Net.................. 75,355 115,966 Other int. and
and in 1870 w as 105,059.
miscellan’ous 5,000
5,000
•Other income...
833
4,433
36,000 Bal. for year, df.36,812 sur.7,400
T axes.............. 36,000
INDEX—V. 63, p. 838; V. 64, p. 330.
^(3 ) U N IO N R A IL W A Y OF N E W YO RK —A trolley road.
P o p u l a t io n 1890 w a s 14,270; in 1880 w a s 9,600;
O r g a n iz a t io n — Operated in 1898 from 129th St. and 3d Ave. through
a n d i n 1870 w a s 6,698.
the Borough of the Bronx, and with subsidiary lines, continuing thence
N E W A R K CO NSO LIDATED ELEC* R Y —
to and through Mt. Vernon. Extensions projected from New Rochelle,
O r g a n iz a t io n —J ames F. Lin gafelter was appointed receiver A p r il
through Larchmont, Mamaroneck, Harrison, Rye and Portchester to
7,1896. V alid ity o f old bonds is questioned.
-the Connecticut line.
orncK A Ronds —
Miles. Date. Interest. Outstand’g. Maturity.
T h ird A venue RR. in Control .—Controlled by Third Ave. R.R.,
which in Jan., 1898, purchased a majority of the stock.—V. 66 , p. 135.
¡In Sept., 1898, the Union Ry. purchased Yonkers RR , and will guar
antee its $1,000,000 bonds, this guaranty being accepted by the Third
sinking fund is provided for redemption of $5.000 bonds yearly u n til
econd mortgage is wiped out and then of first mortgage.
Ave. V. 67, p.635.
;
R oad —Operates 131 miles o f track, connecting the city o f N ew ark
«
STOCK & B o n d s Par.
Interest.
Oumand’g. Last div., dc,
Stock . . . . . . . . . . . . . . . . 100 .. . . . . . . .
$2,000,000
. . . . . . . . . . . . . . with Granville. EARNINGS—For year ending A p ril 7,1898, gross, $26,1QQO
.A (1,000 5 g. F .-A .
2,000,000 Aug. 1,1942
*lst m o rt, 1892, gold. | r^t is payable at Central Trust Co., N. Y. City. 210; net, def., $1,123; no interest paid. President, W . E. M iller; Seot
retary, C. W. M iller; Treas., John Schlagel.—V. 64, p. 755.
Guaranteed Loans—
1943
500,000
.- J .
Westch. 1st M.,gu.,p.&1.. 1,000
250,000 July 1,1945
.
80. Boule. RR. 1 st,gold.......... 5 g. J. - J.
"Yonkers RR. 1st M .,)
k a -O .
600,000 Apr. 1,1946
- 0
$1,000,000, *96, gu.. 5 .......
u
Miles.
P o p u l a t io n 1890 w a s 23,263; i n 1880 w a s 18,049;
ROAD—
Miles.
M ainline (singletrack)....... 5*36 Weight of rail per yard 70 to 72 lbs.
a n d in 1870 w a s 17,014.
Branches (single track)........10*84 Westchester Electric............ 16*54
N E W B U R G E L E C T R IC RY. C O . - A trolley road.
8
¡tJecond track........................ 5*36 Southern Boulevard.............
O r g a n iz a t io n —Successor in February, 1894, to the New burg Street
10
Yonkers R R ........................
Total of all track owned.. „21*56
R y., and on July 2,1897, absorbed Newburg & Orange Lake and W al
L a t e st E arnings — Union Ry., July l to Sept. 30, three months:
den & Orange Lake railroads.
3 mos
Gross.
Net.
Oth. ine. Int.,taxes,dc. Bal., sur.
STOCK & B o n d « Date. Interest. Outst’d’ng. Lastdiv.,etc
*1898 ...‘....$193,620
$89,123
$167
$39,510
$49,780 Stock $150,000, par $100......................... .
$150,000 . . . . . . . . . . . . . .
iT897. . .
163,017
81,322
167
35,195
46,294
1 st M. ($250,000) g.,($500) 5 1894 6g. M -N
250,000 M ay 1 ,1 9 4 4
N ot subject to cali...........( Int. at Knick. Tr. Co., Trustee, S. Y . City.
Including Union Ry., So. Boulevard and Westchester Electric, for 9
W alden & O. L. 1st Mort. g. 5 1895 6g. J-D
100,000 June 1,1945
¡'months, gross, was $575,099 in 1897-8, against $525,593 in 1896-7.
guar. p. & i .......................( June, 1898, interest not paid when due.
Union Ry. loans and bills payable Mch. 31, 1898, $291,347; West- Newb. & Orange Lake 1st 1 lg 9 4 6g. j _j
75,000 July 1,1944
rohester Electric, $12,500.
M., g., $500, mt. °n ly > Inti a1i Knick. Tr. Co., Trustee, N. Y . City.
ANNUAL REPORT—For year ending June 30,1898, was in V.67, p. 951:
.................. °
.......
F -A
75,000
.................
1898.
1897,
2d mort. bonds.................. • ^
at Ham ilton Trust, B’klyn, Trustee.
Yr.end.J’ne 30. 1899.
1897.
•Gross earnings. $612,831 $541,855 Total net inc. ..$224,867 $219,822 Debenture b o n d s ........................................
10,000
.................
t^et.................. 224,19« 218,822 Int., taxes, etc. 144,709 133,431 Certs, o f indebtedness..................................
40,000
.................
86,391
-Other income...
668
1,000 Balance, surp.. 80,158
R oad —Owns 16*21 miles o f track (including W alden & Orange
INDEX— Y. 66, p. 135, 343,1142; V. 67, p. 635, 905, 95 1 .
Lake 5*29 miles and Newburg & O. L. 5*40 miles).
L ate s t E a r n in g s —4 mos. ) 1898........Gross, $38,«26; net, $22,787
T A R R Y T O W N W H IT E P L A IN S & M A M A R
July 1 to Oct. 31.
51897........Gross, 37,269; net, 19,436
O N E C K (ELECTR IC) R Y.— trolley road
A
.
Y e a r l y E arning s —F or the years ending June 30:
Gross.
Net.
Oth. Inc. Int., tax, dc. Bal., sur.
ORGANIZATION —Successor in 1898 to the New YorkElm sford & White
$34,041
$622
$36,599 def.$ l,93 6
Plains Ry. In July, 1897, the property, franchises, etc., of the N. Y . 1897-8 ............... $83,255
1896-7 ............... 83,173
33,468
497
32,718
1,248
E . & W. P. Ry. were sold to a Philadelphia syndicate, which also pur
—V. 66, p. 1090; V. 67, p. 1056.
chased the Citizens’ Gas & Electric Co. of White Plains, the Portches•ter Gas & Electric Co. and the Portchester Ry. (projected) and will
•consolidate all the companies.
P o p u l a t io n 1890 w a s 13,947; i n 1880 w a s 13,538;
Road extends from Elmsford station on the New York & Putnam
AND in 1870 w a s 12,595. •
Railroad to White Plains on the New York & Harlem RR. and to
N E W B U R Y PO R T & AM E SB U R Y R A IL
Silver Lake, 5*4 miles of track. White Plains to Mamaroneck, includ
A
i n g a short branch to Bloomingdale Asylum, 18 miles, operated since ROAD.— trolley road.
O r g a n iz a t io n —I ncorporated M ay 23,1871. In Oot., 1898, i t was
July, 1898, making a through line from Tarry town, on the Hudson
River, to Long Island Sound. The company, it is said, w ill carry reported that the Citizens’ E leotrie Street R y. was to be organized to
freight as well as passengers. Extensions along Long Island Sound purchase and im prove the road.
STOCK & B onds —
Date. Interest.
Outstand’g.
M aturity
¡as far east as the Connecticut line and west as far as New Rochelle
Capital stock ($100)..................... ..............
$80,000
...... ; . ..........
are projected. V. 67, p. 75. Stock outstanding, $150,000. Bonds, 1st mortgage, gold............... .
5 g. M - S
350,000
Mar. 1,1912
1897
5 p. c.
8,000
Apr. 1,1912
¡$300,000 first mortgage 30-year gold 5s, maturing March 1, 1928 Debentures..................
137,706
.................. .
<$1,000 each), Knickerbocker Trust Co., N. Y., trustee; $150,000 out. Loans Abillspayable Oct. 1,’97 ...............
■<y
.
N E W A R K , N. J.—(See Jersey City, N. J-)
N E W A R K , OHIO.
NEWBURG,
N.
NEW BURYPORT,
Y.
M ASS.
62
STREET
RAILWAYS.
Floating debt secured by $200,000 of 6 p, c. coupon notes due 1912.
A n n u a l R eport —For years ending Sept. 30 earnings have been:
R eceiver The Sept., 1898, interest was not paid when due, and
1897.
1896. I
1897. 1896
W. P. Clark of Peabody was appointed receiver on Oct. 1.—V. 67, p. 690* Gross earnings....$94,072 $86,464 I Balance fordivs..$16,833 $12,510
Road Owns 18 miles of main track and 1*73 miles sidings, etc., in SSf’* v .........: ....... 26,422 20,939 |Dividends paid... 16,800 15,600
9,589 8,429 |Tot. sur. Sept. 30. 20,861 20,828
the city of Newburyport and the towns of Amesbury, Merrimac and Int., taxes, eto ...
O fficers —President and General Manager, Winthrop Collin, ViceNewbury. Gails 35 and 40 pounds.
President, E. Stearns; Secretary, J. C. Lane; Treasurer, Charles Whipplo
E arnings —F or years ending Sept. 30 earnings have been:
Smith, 53 Tremont St., Boston; Superintendent, F. G. L. Henderson.
_
.
189*.
1897. I
1898.
1897.
Gross earnings..$59,892 $60,897 Int., taxes, etc..$16,480 $25,123
N E W TO N & BOSTON S T R E E T R A IL W a y w e t ................... 4,964
19,085 Surp. for year.df. 11,516
10,124
O rganization — Operates trolley road.
I Tot. sur. Sep.30.d.l5,913 ___
df.3,913
OFFICERS—President, Charles Odell, Salem, Mass.; Sec. and Treas
Htnlt *9 A nnnND
Sd^ ™ Daie' Interest. Outstanding. Div.orMatu.
»took,$250.000,pr.$100 .......
*200 000
Oct, 1 *Q« 1 l.
Ralph G. Calef; Purchasing Agent, C. F. Dennis.—V. 67, p. 690.
istM . for $ 2 5 0 W . . . . < 1892
5 j-J
125,000
July A
12
Df ”>t subject to call. \ Int. pay’le at Am. L. & T. Co., trustee, Boston.
Keal estate mortgage.............
.......
20,000
... ...
Dividends—In Jan., 1898, paid 1*4 p. c.; in Apr., lLt p. c.; in July, il l
P o pulatio n 1890 w as 19,449; in 1880 w as 15,693;
p. o.; in Oct., l% p . o.
and in 1870 w as 12,521.
ROAD—Owns 10 miles
Operates Newtonville A Watertown
N E W P O R T STR EET R A I L W A Y —A trolley road. St. Ry., 314 miles, under of track. 1897.
lease of
O r ganizatio n —Incorporated July 30,1888. In February, 189.8, the
Earnings —I n year ending Sept. 30,1898, gross, $65,369; net, $18,Newport Illuminating Company obtained a controlling interest.
STOCK, Bo nds , E t c .— Date.
Interest. Outstanding. Div'ds,etc. 801; interest and taxes, $10,263; dividends, $9,062; balance, deficit,
.......................... 5 p. c. in ’96
$77,000
See below. for year, $524. Total surplus Oct. 1,1898, $5,973. In 1896-97, gross!
$44,542; net, $18,250.
irT6i. 8t00k, 7 p. G.' Glim.. . .. ..
7 J -J
OOrt Tnlv 1 ’Qfi
OFFICERS—President, Gen. Man. and Purch. Agent, H. B. Parker,
Newtonville, Mass.; Vice-Pres., A. R. Mitchell; Sec’y, R. A. Sears;
Interest is payable at the Industrial Trust Co., Providence, R. I.
Treas., J. L. Richards; Supt., L. H. McLain.
Dividends On preferred from 1890 to July, 1898, inclusive, 7per cent per annum. On common in 1891,5 per cent; 1892,7 per cent;
N E W T O N V IL L E & W A T E R T O W N S T R E E T
1893, 5 per cent; 1894, none; in 1895, 5 p. o.; none since.
R A I L W A Y — trolley road.
A
R o ad .—Owns 4*17 miles of track. Rails, 45 lb. T and 60 lb. TO r ganization —Oct., 1898, 5 miles of track. In Nov., 1898, applied
Earning s —F or years ending Dec. 31:
for permission to extend its road into Boston. Stock, $50,000; par
N E W P O R T , R. 1
.
jss
.is ,
18 0 7
a
Int., taxes, <tc. Div'ds.
Balance.
..............$4n’4 Qn
$18,178
$2,100 def. $9,196
11,447
4,263
5,950
1^234
1896............. 40,430
OFFICERS—(Feb., 1898) President, Gardner B. Reynolds; Secretary,
Treasurer and General Manager, George P. Magner.
N E W P O R T & F A L L R IV E R STR EET RY.—
$100. Unfunded debt Sept. 30,1898, $35,710. No funded debt. Oper
ated by Newton A Boston St. Ry., under lease of 1897. Application to
Mass. RR. Commissioners to issue $50,000 additional stock was
pending in August, 1898.
Dividends—In October, 1898, paid 1 per cent (Q-J).
Earnings in 1897-98 rental paid was $4 655. For year ending
Sept. 30, 1897, gross, $8,096. In 1895-96, gross, $7,737; net, $290;
charges and taxes, $985; balance, deficit, for year, $695. President,
H. B. Parker.
O r ganization Incorporated in 1898 as a consolidation of the Fall
River & Stone Bridge Street Railway and the Newport A Middletown
Street Railway by the Rhode Island Legislature. Stock. $250,000Bonds, $300,000,20-year, 5 per cent; Amer. Loan & Trust Co., Trustee.
R oad-State line to Newport 15-6 miles, under construction, and ex
W E L L E S L E Y & B O S T O N ST. R Y . —Trolley.
pected to be in operation during June, 1898. Through cars between
Capital stock authorized, $115,000 (par $100); issued, $100,000.
Newport and Fall River began running June 19,1898.—V. 66 p. 1237. Oct. 1,1898, loans and bills payable, $16,500; no bonds. In May,
June 19 to Aug. 31,1898, gross, $27,462; net, $14,327.
1897, $60,000 stock was issued for extension to Nonamtum Square m
D ividend Semi annual dividend of 3 per cent payable Jan 1 1899 Newton and for equipment. Owns 5-17 miles of track from Newton toOFFICERS—President, Stillman F. Kelley, Boston; Treas., Philip L. Wellesley. For year ending Sept. 30,1898, gross, $39,3 7 5 ; net, $13,020;
Saltonstall, Boston; Sec., A . C. Landers, Newport.—Y. 66, p. 1237.
charges, $987; dividends (8 p. c.) $8,000; paid to insurance fund!
$2,000; balance, surplus for year, $2,033. In 1896-7, gross, $13,312;
net, $3,697. President and Gen. Manager, H. B. Parker, Newtonville,
N e w p o r t "n e w s , v a .
Mass.; Secretary, R. A. Sears; Treasurer, J. L. Richards.
P o p u l a t io n 1S90 w a s 4,490.
April,
N e w p o r t n e w s a n j d o l d p o i n t r a i l p.Dividends— Tn extra. ¿1898, paid Ha p. c.; July, lLj p. 0.; Oct. 4,
0., of which 2
w a y & E L E C T R IC O r q a n i z a t i o n —in 1898 purchased the Newport News Hampton
& Old Point Railway and acquired the Chesapeake Light A Power Co.
at Hampton, Va. Also has ice plant. Extensive improvements are
P o p u l a t i o n 1890 w a s 5,502; i n 1880 w a s 3,330;
projected. Population served estimated in 1898 at 38,500.
a n d i n 1870 w a s 3,006.
St?i£C
com.,$l,000T000 J ^
InteresL Outstanding.
Maturity.
L E W IS T O N & Y O U N G S T O W N F R O N T IE R
par $ 10 0 ....... .......... C .......
......
(?)
.............
R a il r o a d Stock, pref., $400,noo, 4 >
O r g a n iza tio n .—Owns from Lewiston to Youngstown, 7 -3 miles;
5
p. c. cum., par $100.
’.. 5 ......
....
®
$400,000
........
completed in August, 1896; branch to Rumsey Park, 1 mile; sidings,
gold> l 1898 5 « M - N
800,000
Nov. 1,1938
(*1,000 each)c
... > Int. at Alex. Brown A Sons, Baltimore, Md. •2 m.; trackage, *2 m.; total, 8-7 m Stock authorized, $150,000; issued
The Maryland
Tru=t Co., Baltimore, is trustee of the mortgage. $134,000; par, $100. First mortgage, Buffalo Loan, Trust A Safe
Bonds are subject to call at 110 on any interest day on 60 days notice. Deposit Co., trustee, $150,000; issued $134,000; gold c* 6s, J & D ,
E arnings —The combined earnings of the constituent companies dated 1896, due June 1,1926. Interest payable at office of trustee.
have been as follows: Six months ending Oct. 31,1898, gross $112 - Loans July 1,1897, $22.106. Earnings for 10% months ending June
30, 1897, gross, $6,602. President, L. A. Rumsey; Secretary, Karl
153; expenses, $59,489; net income, $52,654. Year ending April 30
1898, gross, $170,899; net income, $87,389. In 1896-97, gross $152 * Evans; Treasurer, George R. Teller—all of Buffalo.
N IA G A R A
959; net income, $62,136. Average net income for 2*2 years, $80 872
Road —Owns and operates 17% miles of trolley road. Extensions
3% miles, are projected.
O fficers —President, W. J. Payne, Richmond, Va.; Vice Pres W A
Post, Newport News: Sec’y, D. C. Zollikoffer, Richmond, Va • Treas
H. L. Schmelz, Hampton, Va.—V. 67, p. 902,1055.
NEW TON,
M ASS.
P o p u l a t i o n 1890 w a s 24,379; i n 1880 w a s 16,995;
a n d in
1870 w a s 12,825.
COM M ONW EALTH A V E N U E
R A I L W A Y —A trolley road. •
S TR E E T1
J
O rganization —Commenced operation March 8,1896. Stock auth
Drized and issued, $175,000 (par $100)). Mortgage, $75 000 of 5 p c
gold $500 c* bonds, dated Feb. 1, 1896, due Feb. 1,1916; interest
F. A A., at office of trustee, International Trust Co., Boston
ROAD-Oct. 1,1898, main line, 5*7 miles; second track, 5-6 milessidings, *8 mile.
’
F A L L S , N. Y .
N IA G A R A F A L L S & L E W IS T O N R e
o r g a n iza t io n Road was opened July 17,1895, from Niagara FallsCity alongthe Niagara River to Lewiston, N. Y., 7 miles, all double-track;
Capital stock, $1,400,000; par, 100. First mortgage is for $1,000,000
of 5 per cent gold bonds o* ($1,000 eaoh), dated 1895, due June 1,
1925, l&D ,to Knickerbocker Trust Co., N. Y., as trustee; outstanding
June 30, 1897, $35.000; loans, $924,000. Year ending June 30,1898,
gross, $73,557; net, $45,430. In 1896 7, gross, $80,522; net. *52,843,
President, J. M. Brinker; Secretary, Herbert P. Bissell; Treasurer, R.
W. Jones.—V. 60, p. 1010.
N I A G A R A F A L L S & S U S P E N S IO N B R ID G E
Ra il w a y -
O r ganization —Chartered Oct. 20,1882. Road rebuilt and double
tracked in 1 892. Operates under agreement the N. F. Whirlpool A
Northern Ry., 1-75 miles, which company has capital stock of $50,000
and $22,500 of 5 per cent bonds due July 1,1903, outstanding.
STOCK & B onds —
Date. Interest. Outstand’a. Maturity
E arnings —Y ear ending Sept. 30,1898, gross, $73,630; net $5 415 • Stock ($750,000) par $100............................ $600,000 ..
.
interest, taxes, etc.,$6,5 3 5 ; balance, deficit, $1 ,120 . President, Adams 1st mort., gold................. J 1893
i I - L 518,000 July i , i9 0$
,, £
®
( Int. at Third Nat. Bank, Buffalo.
D. Claflin; Treasurer, Leonard D. Ahl. Office, Newtonville Mass
Mortgage trustee, the Fidelity Trust & Guaranty Co. of Buffalo.
N E W T O N S T R E E T R A I L W A Y —A trolley road.
Earnings —F or year ending June 30 earnings were as follows:
O rganization —Chartered in 1887. An additional Issue of *105 000
1897.
1896. I
1897.
1896
stock, making total $315,000, was sold in February 1898.
Gross earnings. .$59,194 $64,609 Interest.............. $31,080 $24,420
...
Net earnings.... 16,842
20,781 I Dividends...........
Otherincome---- 1130,126
12,491 I Balance, surplus. 9.482
3 424
In % f e K f e *
7 - - - - - - . - M 6»4<>6
5,428 |Total sur. June30. 8,543 14!601
1st M., cur., not subj. to call. 1892 5 J-J
135,000
Julv
IT Note.—Includes $27,412 track rental from B. A N. F. E. and N F..
Interest payable at American Loan A Trust Co., trustee, Boston 1 9 1 2
A Lewiston RR.
Dividends in 1892-93 aggregated $11,002 (8 per cent); in 1893-94
Road Aug., 1896, operated 16*41 miles track on 10*57 miles street
$12,690; in 1895, 8 p. c.; in 1896, 8 p. o.; in 1897,8 p. o.; in 1898, 8 p c'
O fficers (Aug., ’97)—President, J. T. Jones, Buffalo; Vice Presi
ROAD-Owns from Newton to Waltham, Watertown, etc., 12-8 miles
dent, Wm. B. Rankine, N. Y.; Secretary and Treasurer, Chas. B. Hill,.
main track (measured as single); sidings, % mile.
Buffalo, N, Y.; Supt., J. C. Breiwster, Niagara Falls.
STKEET
NORTH
N IA G A R A F A L L S W H IR L P O O L & N O R T H r t t j M t j v —Trolley.
ORGANIZATION-Chartered March 3, 1894. Road completed Nov. 2
1894. Road is operated by Niagara Falla & Suspension Bridge Ry
-Capital stock, $50,000, in $100 shares. First mortgage ia for $30,000
bonds dated 1894, due July 1,1903, interest 5 p. C..J&J, bonds issued
•$22,500. Road runs from Lewiston to Whirlpool St.. Niagara Falls,
1-75 miles of track. Year ending June 30, 1897, gross, $2,730; net,
$15. Ih 1895-96, gross, $2,164; deficit under operating expenses,
$1,307. President, A. J. Porter, Niagara Falls, N. Y.
N O R F O L K , V A.
P opulation 1890
w as 34,871; in 1880 w as 21,966;
and in 1870 was 19,229.
surplus fo r year, $15,814.
. ,_ >
OFFICERS-President and Treasurer, C. Q. Richmond, North Adams.
N O R T H A T T L E B O R O U G H , M A SS.
ORGANIZATION-A consolidation June 7, 1894, of the Norfolk City
P o p u l a t i o n 1890 w a s 6,727.
IN T E R -S T A T E
C O N S O L ID A T E D
ST- R Y ORQANIZATION— Organized April 21,1895. See V. 60, p. 606.
„ D_ .ir.e
Date Interest.
Outstanding. Maturity.
RR. Co. and the Suburban City Railway & Improvement Company
Franchise runs until Jan. 1,1944. Population of Norfolk in 1897 esti
. , J,
— .
OuManVg.
Maturity.
lo^nnri Tn.« 1 1913
N ° « 0 C!tr. I 8t. M::
i {S
&
U > t C o S E e , N . Y City.
Norfolk Street cons, mort., - 4808,
J -3
B aU1 t r u s t s
'
$1,000,000, g. ($1.000)c. ( Int. at Merc. Tr. & Dep. Co., Balt., trustee
r o a d —owns 20 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
E arnings — For 9 months ending Sept. 30,1898, gross, $133,033;
met, $69,296; in 1897, gross, $111,094.
O fficers — (Jan., 1898), President, R. L. Williams, Richmond, Va.;
Vice-Prest., Frank O. Briggs, Trenton, N. J.; Treasurer, W. H. Doyle,
Norfolk; Secretary, H. C. Whitehead, Norfolk. DIRECTORS—J. W.
IMiddendorf, Robert C. Davidson, Charles R. Spence, Frank O. Briggs,
Wm. Habliston, R. L. Williams, R. B. Cook, W. H. Doyle, J. P. Andre
Mottu. INDEX-V. 62, p. 186; V- 65, p. 1024; V. 66, p. 617.
Bondsauth., $ 2 0 0 , 0 0 0 . . ....... ^
.......... ..
Loans and bills payable Oct. 1, 97
.......
50,uuu
DIVIDEND—In 1897, 6 p. c.; in 1898, Jan.. 6 p. c.
R o a d — Owns 22-42 miles trolley track and 1 ^ mile sidings,
etc from Main Street, Pawtucket R. I., to North Attleborough,
Mass., Hebronville, DodgeviUe and Attleborough. The combined
population of these towns was in 1890 about 41,937.
m
N O R T H A M P T O N , M ASS.
P o p u l a t i o n 1890 w a s 14,990: i n 1880 w a s 12,172,
a n d i n 1870 w a s 10,160.
N O R T H A M P T O N S T R E E T R A I L W A Y —A
trolley road.
R A IL W A Y —
(See M a p , p. 64 .) A trolley road.
ORGANIZATION— A reorganization in April, 1898, of the Norfolk &
Ocean View Railroad, foreclosed and purchased in' the interest of the
Norfolk Street RR.—V. 66, p. 617. Road 9 miles long. New company
is making various improvements. Company also owns valuable prop
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. In 1898 leased Old Point & Willoughby
-Spit RR. for 5 years with privilege of renewal for 45 years more.
OFFICERS.—President, J. Lancaster Williams, Richmond, Va.
N O R R IS T O W N , P A .
POPULATION 1890 WAS 19,791;
S £ iS 8
$37 492.
OFFICERS—President. Marsden J. Perry; Secretary and Treasurer
Edward R. Price.—V. 61, p. 662, 871.
Road Et c —Operates 4 miles of track. Stock, $150,000; 1st mort
gage gold 6s, $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. Watkms Leigh was appointed receiver. President, W . H. Stewart.
"Treas., Gen. Man. and Purch. Agent, L L W. Mason —V. 67, p. 957.
Y
& O CEAN V IE W
r lS S ^ m
EARNINGS—Year ending Sept. 30,1898, gross, $135,395; net, $42,811,
other income, $169; interest, taxes, etc., $11,237; dividends, 6 p. o.,
$22,800; surplus for year, $8,943. In 1896-97, gross, $126,736, net,
FORT N O R F O L K E L E C T R IC R A I L W A Y —
NORFOLK
M A SS.
H O O S A C V A L L E Y S T R E E T R Y . - T r o l l e y road.
ORGANIZATION—Chartered April 7,1886.
.
,
c
„ d O ,no pTp —
N
Bate. Interest, (hitstand'g. Maturity, etc•
STOCK, tJONDS, BTC.
45100 000
...................
Stock, par $100..............................( 5 J & J
100!000
July 1,1917
1st Mortgage...................... 18971 New England Trust Co., trustee.
Unfunded debt Sept. 30,..............................
n
Y '\ ‘ V
ROAD —Owns 11-68 miles of main line track and 0-42 miles of sid
ings, etc. Extension to W illiamstown, 6 miles, was completed in 1896
EARN.NGS-For year ending ^ P t - 30 1897 gross $81,328; net
$30,470; interest and taxes, $8,656; dividends (6%), $6,000, balance,
N O R F O L K STREET R A IL R O A D —
fS« M a p P .
mated at 55,000.
. . ,_ . _
In N o ve m b er, 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 are contem■
plated—see V. 65, p. 1024. A new mortgage was issued for the retire
.ment of the old bonds and for improvements. In March, 1898, the
Norfolk & Ocean View was purchased in same interest at foreclosure
ADAM S,
POPULATION 1890 WAS 16,074; IN 1880 WAS 10,1-91.
04 \
-sale. Y. 66, p. 617.
STOCK & B o n d s —
Date. Interest.
Stock, $1,000,000........... v ------ - - - y - y
63
RAILWAYS.
in 1880 w as 13,063;
O r g a n iz a t io n —Chartered Feb. 26,1873.
STOCK, BONDS, E t c . Date. Interest.
. . .
Stock, $300,000, par $100.... ------ i-y -'A " * ok Ann
Anr 1 1909
1st M.,not subj.to call ($500) c 1888 5 A - 0
25,000
Apr. 1 ,1 9 0»
Loans and bills payable Oct. 1,1898 ..........
56,000
..........
Interest at Springfield S. D. & Trust Co., Springfield, Mass.
Dividends—In year 1893-94 distributed $12,000; in 1895, 10 p. c.;
1896, 10 p. c.; Jan., 1897, 5 p. o.; July, 4 p. c. in 1898, Jan., 4 p. o.;
JUR o a d — Owns 17-125 miles of main track and 1-431 mile sidings, etc
ANNUAL R eport —F or years ending Sept. 30 earnings have been:
1898.
1897.
1898.
1897.
Gross
........... $92,326 $95,086 Bal. fordiv’nds..$25,074 $24,311
24,000
27,000
Net.. .'............. 34^694
32,287 Dividends......... r.l,074 def.2,689
Int’st, taxes, etc. 9,620
7,976 Bal. for y ear...su
O f f ic e r s — President, John Olmsted; Secretary, J. A. Sullivan; VicePresident and Treasurer, N. D. Winter; General Manager, A. E. Smith
N O R W A L K , CONN.
P O P U L A T IO N i n 1890 W AS 17,747; i n 1880 w a s 13,956 ;
AND IN 1870 W AS 12,119.
N O R W A L K STREET R A I L W A Y -A
trolley road.
O rganization —Chartered in May, 1862.
ROAD—Operates 7-78 miles of
Stock ($500,000) ,$25.$100,000f.p.
AND IN 1870 WAS 10,753.
1st mort., 6s, J&J, auth. $200,000, track connecting Norwalk, South
S C H U Y L K IL L
V A L L E Y T R A C T I O N —Trolley
Norwalk and Winnipauk.
issued $110,000, due 1919.
July 1, ’98, bills payable, $40,200
O r g a n iz a t io n —Incorporated in September, 1893, as successor to the Subj. to call at 105 after July 1,’99.
Dividends in 1897-98, 6 per cent.
Norristown Bridgeport & Conshohocken Traction Co. Since Jan. 15,
EARNINGS— Nine months ending June 30,1898, gross, $36,430; net
1895, has controlled and operated the Conshohocken Ry.,the Montgomery
"County Pass. Ry., the Citizens’ Pass. Ry., Ambler Electric and the Nor $11,132; interest charges, $4,402; taxes, $2,230; dividends (4!a p. 0.),
ristown Pass. Ry. The corporate existence of the several companies $4 500 In year 1896-97, gross, $50,834; net, $16,414.
O F F IC E R S -P re s id e n t, E. H ill; V ic e -P re s id e n t, J o h n A. O sborn.
•will be maintained, but their bonds will be taken up as rapidly as pos
sible. In October, 1895, control of the Traction Co. changed hands and S e c re ta ry , T re a s u re r, G en. M a n a g e r a n d P u rc h a s in g Agt, W. F. Acton
the authorized stock was increased from $250,000 to $1,000,000.
NORW ALK TR AM W A YSTOCK & Bonds Date. Interest. Outstanding. Maturity.
O r g a n iz a t io n —Incorporated May 6,1889. Charter perpetual.
Qrnrk A BONDS—
l ($™000) $5° . . . - . !c 5Int.at West End Tr. & S. D. Co.,Phil.,trustee.
S
On June 30,1897, loans payable were $124,609.
The securities of the subsidiary companies are as follows, including
•both those held by the public and by the parent company:
Company, &c.—
_
Miles. Interest.
J^ued^
Maturity.
Ambler Electric Ry. stock .......................
~ ..................
■Citizens’ Pass. Ry. stock..
6H
°D,000t.p.
1st mort., gold, $80,000, ) ....... 5 g. F -A
80 000
Feb. 1, 1925
guaranteed.................. 5
Subject to call at 105 Feb. 1, 1905
ConshockenRy. stock..
5^3 - - - - - - - 145,000
- - ; w i ''i o 2 4
1 st mortgage, guaran’d )
5 ^ 5 3* J -J. . *„?i’
an t u v 1 1004
principal and interest.. )
Subject to call at 105 July 1,1904
Montg. Co. Pass. Ry. stk.
1^ ------1^ -0 0 0
....
1st m o r t g a g e . . . . 1 > 6
J-J
¿5,000
I9Z4
Norristown Pass. Ry. stk.
4H --------¿5,000
----1st mortgage...............
4% 6
J-J
75,000
ROAD— operates about 22 miles of track, including the lines of the
a bove-mentioned companies.
i » - r -r EARNINGS—9 mos., ? 1898....... Gross, $48,978; net, $14,938
LAT n. 1 to Sept. 30.
*1897....... Gross, 45,305; net,
.......
For year ending Deo. 31,1897, gross earnings, $61,892; net, $1,592
' n 1896, gross, $62,196; net, $2,745.
OFFICERS—President, C. D. Beebe, Syracuse, N. Y.; Secretary, Treas
arer and General Manager, R. M. Douglass. Office, Norristown, Pa.
X - V . 61, p. 795; V. 62, p. 279.
1 201^*1 000’°
goia, » j.,ouu .
Date.
Interest.
Outstand’g.
Maturity.
m iS S SW «gritfi
V iS
. P:.o* £Interest at Atlantic Tr. Cor, trustee,N. Y .C it y .
)
gubjeot to oall at 10 4 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.
■> .
. f
.
Dividends—From J u ly, 1893, to July, 1895, dividends of 2 per cent
y e a r l y paid J. & J., none since.
_
Road _Owns and operates from Broad River through City of N or
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.
E a r n in g s — For the year ending Sept. 30,1898, gross, $68,372; net*
$24 578; interest, $19,343; taxes, $3,697; rentals, $518; balance
surplus for year, $1,020. In 1896-97, gross, $60,670; net, $20,802;
interest, $16,525.
a
O f f ic e r s — Prest., T. M. W aller; Vice-Prest., G. N. McKibbm ; Sec.
Treas. and Supt., K. W. Mansfield.
STREET
R A IL W A Y S
STKEET
N O R W IC H , CO NN.
P o pu latio n 1890
w as 16,192; and in 1880 w as 15,112;
65
KAILWAY S
,
O L E A N , N. Y .
P o p u l a t io n 1890 w a s 7,358 ; in 1880 w a s 3,036 ;
a n d IN 1870 WAS 1,327.
N O R W I C H S T R E E T R A I L W A Y —A trolley road.
O r ganizatio n —Incorporated in 1882 and has a perpetual franchise.
O L E A N STR EET R Y -A horse and trolley oad.
STOCK & BONDS— Miles. Date. Interest. Outstand'g Last div., Ac.
ORGANIZATION— Chartered March 1, 1880. In July, 1897, w e re
Stock ($6u0,00 ■ a u - i .................
J - J $250,000 Julyl,’98,l p.o.
authorized increase of stock from $16,000 to $300,000, and $300,009
thorized—$100___ < Dividends at Am. Loan & Trust Co., Boston.
1st mort., $350,000, 5 12: 1893 5g. A -O $265,000
Oct. 1,1923. new bonds for paving and extension to East Olean and Portville.
.gold, $1,000......... \ Interest at Am. Loan & Trust Boston.
Stock $300,000, par $100.
(!)
E arnings —
1896-7. 1895-6October 1, 1897, hills payable, $24,759.
Istm . 6s, J&J, May 1, *23.$75,000 Gross earnings.. $26,122 $27,789
9,025
¡¡¡on aao Net.................... 6,738
Mortgage of 1893 is for $350,000, of which balance unissued is re Consol. M. $300,000)
gold 5s, J-D, 1927.. (
$ au ,uuu Interest & taxes. 6,433
6,026
served for improvement and additions, being issuable therefor only
B ills payable June 30, ’97. 13,994 Balance, surplus.
305
2,999
under general laws of Connecticut to 75 p. c. of actual cost of same.
Road —Owns 5-54 miles of single Total surplus.... 22,664
22,359
track and -82 of sidings.
Dividends—From 1895 to July, 1898, both inclusive, 5 p. o. yearly.
Pres., John Fobes ; Sec. and Treas., G. H. Strong.—V. 65, p. 152.
Road —Owns 12'46 miles of track, of which *55 miles sidings.
ANNUAL R e p o r t — For years ending Sept. 30 earnings w e re :
Gross.
Net.
Int. < taxes. Dividends. Balance.
£
$19,491
$13,928
(2) $5,000 sur.$563
1897-98....... $75,630
1896-97....... 79,502
26,318
17,750
(5) 12,500 df.3,932
P o pulatio n 1890 WAS 140,452; in 1880 WAS 30,518;
Total surplus Oct. 1,1896, $16,581.
and in 1870 w as 16,083.
OFFICERS— October, 1897, President, B. P. Learned; Secretary &
D U N D E E P L A C E C A R L IN E — electric road
An
.
Superintendent, W. L. Adams, Norw ich; Treasurer, W. A. Tucker.
Road , Et c .—Operates 1*3 miles of track. President, R. W. Patrick.
O M A H A , NEB.
N Y A C K , N. Y.
P o p u l a t io n 1890 w a s 4,111; in 1880 w a s 3,881.
N Y A C K T R A C T I O N —To be a trolley road. Reorganized
in 1898 by Isaac A. Walker & Son, who purchased the franchise, right
of way, etc , and will construct the road. To extend from Sparkill
N . Y ., to South Nyack, Nyack and Upper Nyack, with an extension
rom the ferry at Nyack to West Shore RR. station, and from Upper
Nyack to Rookland Lake; total, 12 miles. President, Henry C. How
ard, Chester, Pa.; »ec.. Geo. D. Howell, Philadelphia, Pa.; Treas., E.
F. Walker, Philadelphia, Pa.—V. 67, p. 789.
O A K L A N D , CAL.
P o pulatio n 1890 WAS 48,682; IN 1880 WAS 34,555
AND IN 1870 w as 10,500.
OAKLAND
T R A N SIT
C O . - A trolley road.
ORGANIZATION—Incorporated in 1898 by the “ Realty Syndicate ’ ’
as a consolidation, it is understood, of the following companies con
trolled by it : Central Avenue, East Oakland Street, Oakland Consoli
dated, Highland Park & Fruitvale, Alameda Oakland & Piedmont,
Piedmont & Mount. View Ry. See Y. 64, p. 287.
STOCK & Bonds —
Mis. Date. Interest. Outstand’g. Maturity.
Stock, $5,000,000 (par $50) .........................
(!)
.......... .
Central Ave Rv 1st M e (5 ^ 1 8 9 2 6g M-N $120,000
1922
n* M*’
\ Interest is payable at California Tr. Co.,
$1 ,UUU, sinK. 1.0 .............£ Trustee. San Francisco, Cal.
Oak. Consol. St. Ry. 1st M.
1894 6g. F -A $361,000 Aug.1,1911
$500,000g., $1,000
( Trustee, California Safe Dep. & Trust Co.
Al. Oak. & P. 1st M ................................. ..
$287.000 ................
(!)
................
Oakland Tr. M. $1,400,000 .. 1898 ..........
A meeting was to be held on Judy 6,1898, to act on proposition to
make a consolidated mortgage securing $1,400,000 gold bonds to pro
vide for existing bonds and for other purposes. V. 66, p. 1190.
R o a d —Understood to embrace about 93 miles of track.
DIRECTORS— F. M. Smith, E. a . Heron, F. C. Havens, W. H. Martin
D. D. Harris, J. O. Winans and Charles R. Bishop.—Y. 66, p. 1190.
O A K L A N D R A I L R O A D —A cable and trolley road.
ROAD— Said to operate 16’2 miles of track. In Aug., 1898, permis
sion was asked to change the cable to electric lines. Supt., Geo. Y.
•Loring.
O AK LA ND SAN LEAN D R O & H A YW A R D S
E L E C T R IC R A I L W A Y CO NSO LID ATED
ORGANIZATION—a consolidation May 8, 1894, of the Oakland San
Leandro < Haywards Electric Railway and the Twenty-third Avenue
&
Electric Railway cos., the bonds of each being assumed. Annual
meeting third Saturday in July.
STOCK & B onds —
Date.
Interest. Outstanding. Maturity
Stock ($1,000,000 auth.) >
n
5 8,000 shares. )
—$100........................ 5 .........
I $22-6213 pd. in .)
.......
Oak. San Leandro & H a y .) 1892 6g M-S
$250,000 Mar. 1,1922
Ry.lstM.gold$1000 ea. $Interest is payable by check.
23d Ave. Ry. 1st mort., I 1893 6g M-S 15
$250,000 Mar. 1,1923
gold, $1,000 each....... J 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 out
standing) for the first five years to 8 per cent for last five years. The
bonds are not subject to call before maturity.
Stock for $200,000 was in the treasury on J an. 10,1895.
ROAD—In May, 1898, was said to operate 25 miles of track, all but
113 miles being electric.
OFFICERS—President, H. W. M eek; Vice-President, Wm. J. Landers;
Secretary, A. L. Stone; Treasurer, O. E. Palmer. Office, Oakland, Cal.
O G D E N S B U R G , N. Y .
P o p u l a t io n 1890 w a s 11,662; i n 1880 w a s 10,341;
a n d i n 1870 w a s 10,076.
O G D E N S B U R G STR EET R Y.-A trolley road.
STOCK & BONDS —
Date.
Interest.
Outstanding.
Maturity.
$150,000
................
Stock, $150,000 ($ 1 0 0 )........................
lB$150°000
EAST O M A H A STR EET RY .-A trolley road.
O r g a n iz a t io n — Chartered April 18, 1893, and afterwards bought
out the line of the Inter-State Bridge & Terminal Ry. Co. Company
holds an exclusive franchise on all the streets in East Omaha until
January, 1919, and for the same time exclusive rights across the
Omaha Bridge & Terminal Company’s bridge, spanning the Missouri
River and leading to Counoil Bluffs, Iowa. This latter franchise is
regarded as very valuable. A t present lines are only operated in the
suburb, East Omaha, but ultimately to be extended to Council Bluffs.
STOCK & D ebt —A uthorized capital $1,000,000, par $100; Issued
and outstanding, full paid, $86,750. No bonds. Unfunded indebted
ness Nov. 1,1897, $12,022. Dividend 6 p. 0. January, 1894; none since.
ROAD—Operates 5*5 miles of single track on 3*3 miles of street.
Gauge 4 feet 8*3 inches. Rails 40 lb. T and 45 lb. girder.
OFFICERS—President, Arthur S. Potter; Vice-President, Dudley
Smith; Treasurer, H. W. Yates; Secretary, John R. Webster.
O M A H A STR EET R A IL W A Y - A t r o l l e y road.
ORGANIZATION—Incorporated Jan. 1,1889. This is a consolidation
of all the street railway properties of the city operated by oable, horse
and electrio powers. Has the benefit of three franchises and is author
ized to use any motive power except steam.
STOCK & B onds —
Date. Interest.
Outstanding.
Maturity.
Stock ($100).........................
M . - N . $5,000,000 f.p. I n ’95-6,4%
Om. St. Ry. 1st consol.
M .,$2,500,000, gold.... 1889 5g. M.-N.
2,250,000
May 1,1914
Interest is payable at the Farmers* Loan < Trust Co., N. Y. City.
fe
Consols for $500,000 were issued in July, 1896, to retire the first 6s.
Dividends.—During fiscal year 1895-6 paid dividend of 1 p. 0., call
ing for $50,000.
R oad —Operates about 90 miles o f track. During 1895-6 spent
$60,000 fo r new construction and equipment.
Weight of rail (T and girder) 45 lbs.,
lbs.; number of cars, 279.
EARNINGS—For year ending Nov. 30, 1897, gross, $596,763; net.
$272,165; interest charges, $123,185; balance, surplus for y ear.
$148,980. In 1895-6, gross, $559,388; net, $209,873; interest
charges, $122,995; bal., surplus for year, $86,878; dividend (1 p. c.).
$50,000.
OFFICERS— President, Frank Murphy; Vice-President, Guy C. Barton j
Treasurer, W. W. M arsh; Secretary, D. H. Goodrich; General Mana
ger, W. A. Smith; General Supt. and Purchasing Agent, F. A. Tucker.
—V. 67, p. 843.
O M A H A & C O U N C IL B LU F FS R A I L W A Y
<c B R ID G E — electric road.
f
An
O r g a n iz a t io n — Obtained a new charter for 50 years from Oct. 1.
1897. The Union Pacific Railway Co. in 1888 sold its interest in the»
Council Bluffs St. Ry. Co. to this company.
Refunding.—In August, 1897, sinking fund payments for $66,66T
were in default and total floating debt was $171,657. Negotiations
were pending for refunding bonds at lower rate of interest.—V 65, p. 236.
STOCK & B onds —
Date. Interest. Outstanding.
Maturity.
Stock........................................................... $1,500,000
.............. .
1st mort. (see below) ) 1888.
6 g J-J
400,000 Jan. 1,190S
gold,$l,000.sinking > Subject to call at 110 in 1899.
fund, $500,000.. .c *.) Int. at Mercantile Trust Co.(trustee), N.Y. City.
Council Bluffs St. Ry. j 1889. 5 g J - 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, N ew
(end.) sinking fund 0* ) York City.
R oad —Operates 25 miles of track.
Bonds—Additional bonds 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, O. T. Stewart; Treas!*
urer, J. H. Millard; Gen. Supt., W. S. Dim m ook.-V. 65, p. 236.
O R A N G E , N. J.
P o p u l a t io n 1890 w a s 18,844; i n 1880 w a s 13,207;
a n d in 1870 WAS 9.348.
500’ &C ) 1895
6 M-S 2
150,000
Sept. 2,1925
Mortgage trustee, West End Trust Co., Philadelphia
O R A N G E M O U N T A IN T R A C T IO N CO.—
ROAD—Owns 10 miles of track laid with 48 lb. rails.
ORGANIZATION— Successor to Orange Mountain Cable Co. sold Oct. 9»
EARNINGS— From Jan. 1 to Oct. 31, lOmonths, gross $17,096 inl898,
$16,457 in 1897. For year ending June 30,1898, gross, $19,699; net> 1895, to Charles E. Eimerman, of Philadelphia, for $10,550.—V. 61. p*
( 662. Stock, $100,000; par $100. January 1, 1898, funded debt w a »
$9,066; interest and taxes, $2,858 ; balance, surplus, $6,208.
OFFICERS—President, H. A. Sage, Easton, Pa.; Vice-President, J. F. $28,260; “ other debts,” none. Owns l ^ miles of cable incline,
extending to top of Orange Mountain, in Township of West OrangeJ
D olan; Secretary, H. W. Cooley; Treasurer, J. B. Reilly.
6ö
STREET
RAILWAYS
For year ending Deo. 31,1896, gross, $5,173; net, $3,076. Notoperated
during 1897; reopened about April 1, 1898. President, Frank Brewer,
Orange Valley, N. J.; See., A. F. Skinner, Belleville, N. J.; Treas., J >hn
O’Rourke, Orange, N. J.—V. 60, p. 968,1010; V. 61, p. 366, 662.
SO. O R A N G E & M A P L E W O O D TRACTION.—
O r g an izatio n —Owns no road but leases, it is understood, the South
Orange & Maple wood St. Ry. Stock authorized and paid in to Jan. 1,
1898, $25,000; bonds have been authorized, but none issued to date
mentioned; other debts $1 1 ,000; cost of equipment and appurtenances
ownqd, $10,600. Treasurer, Wm. M. Haines.
SOUTH O R A N G E & M A P L E W O O D STREET
R Y.— trolley road.
A
O r ganizatio n —Owns 5-2 miles built through private property. Con
nects Orange Field Club grounds with business sections of the Oranges,
connects at South Orange with the D. L. & W. Ry., the Newark &
South Orange Electric Ry., and gives transfers to the Suburban Trac
tion Co. at Orange Valley; at Orange connects with the Watchung
branch of the Erie Ry. and the Consolidated Traction. Began opera
tions October 1,1895, power being furnished by the Suburban Traction
Co. Stock issued $100,000: debts Jan. 1,1898, about $59,538. Cost
of road and equipment to Jan. 1,1898, $184,538.
ROAD—Orange to South Orange, 1-3 miles of road, 2*6 miles of track.
Extensions proposed to Valley Road and Forest Street. For year
ending Dec. 31,1897, gross, $5,026; net, def ,$1,657. Treasurer, Wm.
M. Haines.
O R A N G E & PASSAIC V A L L E Y R Y .- Trolley road.
O rganization —Incorporated in 1898 as successor of Suburban
Traction Co.; sold in foreclosure July 6,1898. To be controlled by or
operated in harmony with North Jersey Street Ry.
STOCK & BONDS—
Date. Interest.
Outs’ding.
Maturity.
Stock, $1,000,000.......................
.....
(?)
............. .
Or. & B l Crosstown Ry. 1st >
« ro nnn
.............j —
—
$60,000
................
M., assumed
Sub.Trac. Consol. M„ guar- (1^93
___
150,000
................
anteedloan, assumed— ( Amer. Loan & Tr. Co., Boston, Trustee.
New m o rtgage............... 1898
___
(?)
......... ......
ROAD—The Suburban Traction owned 10 miles of track on 7 miles of
streets. Rails 80-lb. girder, 56-lb.y and 45-ib. chair. Extension proposed
from Bloomfield to connect at Upper Montclair with line being built
by North Jersey Street from Montclair to Passaic and south from
Orange Valley to South Orange.—V. *7, p. 75.
EARNINGS—For years ending Dec. 31 earnings of Suburban Traction
w e re :
Earnings.
1897.
1896.
Expenditures.
1897. 1896.
From passeng’rs.$60,091 $63,786 Repairs............. $11,624 $15,361
Other sources...
588
4,460 Sup’intend. &man.49,878
52,637
OFFICERS- President, Charles A. Sterling; Vice-President, William
Scheerer; Sec. and Treas., John H. Ely.—V. 67. p. 75.
and
in
1870
w as
i n 18 eo
12,663.
w as
Earnings —Y ear ending June 30,1897, gross, $21,099; net, $1,446;
taxes and interest, $9,014; deficit for year, $10,460.—V. 65, p. 278.
O T T A W A , ILL.
P o p u l a t i o n i n 1890, 9,985; i n 1880, 7,834.
O T T A W A STR EET R A I L W A Y . - A t r o l l e y .
O r g a n iz a t io n . —Purchased the Ottawa Electric Street Railway-
Commenced operations July 1,1897.
R e c e iv e r s h ip — In January, 1898, L . W . Hess was appointed receiver,
and the company was in Aug., 1898, being reorganized by Griffith,
Donnell & Co. of New York. Population in 1897 (localcensus), 16,000.
S tock A.ND B onds .—Capital stock authorized and issued, $100,000
First mortgage 5 per cent gold bonds—authorized $100,000; issued,
$90,000; in treasury, $ 10,000 ($1,000 each) for contemplated extension.
ROAD-—Eight miles of track; 56-lb. center-bearing and T rail.
OFFICERS-—President, F. 8. Donnell, New York; Vice-President and
Treasurer, C. A. Gregory, Boston.
O T T U M W A , IO W A .
>
P o p u l a t i o n 1890 w a s 14,001; i n 1880 w a s 9,004;
and
in
1870
w as
5,214.
O T T U M W A E L E C T R IC RY.— trolley road
A
.
O r g a n iz a tio n — Chartered Sept. 4, 1889. Street railway franchises
expire in 1918 ; electric-light franchises, one in 1907, the other perpet
ual; steam heating perpetual. In April, 1896, J. H. Merrill was made
receiver. Coupons due June, 1895, and since are in default.
FORECLOSURE— Property, including railway, heat and power plant,
sold under foreclosure on April 28,1898.—V. 66, p. 901. In June, 1898*
the sale was confirmed by the Court and it was said the property
would be reorganized at once.
S tock & B onds —
Date. Interest. Outstand’g. Maturity.
Stock ($500,000 authorized)........................
$300,000 ..................
1st M , $200,000 gold......>1892 6 g. J - D
200,000 June 1,1912
S.f.notsub.tocall$l,000.c* ) 1 1 Tr. & Sav. Bank, trustee, Chicago.
1.
ROAD— In 1898 company operated 6 miles of track in city of Ot
tumwa, Iowa. A ll by electricity. Weight of rails, 38 lbs. girder and
40 lbs. T - Also does municipal, commercial and residence electrio
lighting; supplies electric power for stationary motors, etc., and
operates a system of steam heating, with 3*2 miles of mains.
OFFICERS—President and General Manager, W. R. Daum; Vice-Presdent J. B. Sax; Sec., GeorgeF. Hall; Treas., C. F. Blake.—V. 66, p. 901.
OW ENSBORO, KY.
O S H K O S H , W IS .
P o p u l a t i o n 1890 w a s 22,836;
Fulton < Oswego Falls Mortgage.—These bonds are deposited with J .
k
Walker & Sons, Mills Building, N. Y.
Road —l l ^ miles of track, of which old Fulton & Oswego Falls, 1>4
miles, operated with horses, but in August, 1898, steps were being
taken looking to change of motive power to electricity. In Nov., 1898,
operation was reported temporarily discontinued, pending the mak
ing of certain betterments.
15,748;
P o p u l a t i o n 1890 w a s 9,837; i n 1880 w a s 6,231;
and
in
1870
w as
3,437.
O W E N SB O R O CITY R A IL R O A D — trolley road.
A
C IT IZE N S’ T R A C T IO N CO.—A trolley road.
ORGANIZATION— C artered in1886. F
h
ran ise ru s till1936 and
ch
n
ORGANIZATION, E t c .— In 1897 this company purchased the Oshkosh gives exclu
sive righ to operate street railw in said c .
ts
ay
ity
St. RR. for $37,000. Road now owned comprises 14 miles of track.
Population of Oshkosh and South Oshkosh in 1897 was given as 32,000.
STOCK'AND B onds —
Date. Interest. Outstand’g. Maturity.
Stock, $250,000............................................ $250,000
1st mortgage, $250,000, <
1897 5g. J-D
250,000 Dec. i ’ 1927
,
gold.........................o* l
Int. at West End Trust, Phila., trustee.
President, George J. Kobush; Secretary, J. K. Tillotson; Treasurer,
Otto U. Van Shraeder.—V. 64, p. 799.
O S W E G O , N. Y.
P o pulatio n 1890
w as 21,842; in 1880 w as 21,117;
and in 1870 w as 20,910.
L A K E O N T A R IO & R IV E R S ID E R A IL W A Y
S tock & Bonds —
Miles. Date. Interest. Outstand’g Maturity.
$50,000 f. p ...............
Stock, $50,000 (par $50)................. ...............
l at. M < 5 0 An
1^0
5 8*2 1888 6 J-J
25,000
1908
ist Ju., ¡pouu eacn............} Interest at Louisville Banking Company.
2d $100,000 ($500), cur., 5 8*2 1894 6 J-J
75,000 Jan. 1,1917
not subject to call....... ( Interest at Louisville Trust Company,
Bonds—Of second 6 s $25,000 reserved for first mortgage when due.
Road —Owns 8*2 miles of trolley t> ack in Owensboro and suburbs.
OFFICERS—President, W. E. Whitely; Secretary, R. A. Miller; Treas
urer, J. H. Parish.
PADUCAH
>
KY.
P o p u l a t i o n i n 1890 w a s 12,797; i n 1880 w a s 8,036;
i n 1870 w a s 6 ,866; a n d i n 189* ( e s t i m a t e d ) 23,000.
P A D U C A H RY. & L IG H T C O . - A trolley roaa.
STOCK & BONDS—
Date. Interest. Outstand’g. Maturity
Stock, $300,000 (par $50)............................. $300,000 .
U
ORGANIZATION—Incorporated in 189* as a consolidation of the entire
Receivers’ certificates.......... 1897 ............ See text. .
Acquired
Oswego St. Ry. lstM .,g., s.f. \ 1891 6g. A -O
125,000 Oct. 1,1911 street ra ilw ay and electric-lighting plants o f Paducah.
2 p. o. yearly after ’96..c * ( Subject to call at 105 after Oct. 1.1896 Paducah Street Railway.—V. 67, p. 127, 483.
Int. defaulted Apr. 1,1896. Trustee, Knickerbocker Tr, Co N Y
STOCK & B onds —
Date. Interest. Outstanding. Maturity.
Fulton & Oswego F a lls ) 1886
6
$15,000 July 1,1896 Stock, par $100.... ...............................
$200,000 .................
m ortgage..................... 5 Interest and principal in default.
1st mortgage $400,000 gold. 1898 6 g. J - J 250,000 July 1,1918
Lake Ontario & Riverside—
Interest at American Trust & Savings Bank, Chicago, Trustee.
Mort., $300,000, go ld ....... 1896 6g. M-S
147,000 Mar. 12,1926
Sinking fund July 1,1903, 3 p. c. annually of amount outstanding.
Interest defaulted Sept. 1,1896. Trustee, Guaranty Trust Co., N. Y.
RECEIVER— F. H . Tidman appointed Oct. 3,1896, interest due Oct. 1 Bonds are redeemable at 105 after 10 years.
R o a d — Operates about 14 miles of track and new extensions were
on Oswego St. Ry. firsts not having been paid.—V. 63, p. 652. Fore
closure suit under Oswego Street Railway first mortgage of 1891 building in August, 1898.
OFFICERS— President, Geo. C. Thompson; Secretary, T. J. Flournoy
begun in February, pending in August, 1898. In Sept., 1898, the re.
ceiver was reported authorized to issue $15,000 certificates to pay for Manager, Geo. C. W allace.- V. 67, p. 127, 483.
new rails and paving.
R e o r g a n iz a t io n .— Committee composed of Robert Maclay, C. Sidney
Shepard and M ax B. Richardson have prepared the following plan
P o pu latio n in 1890 w as 13,028 ; in 1880 w as 6,532.
Plan.—Either or both Oswego St. Ry. first mortgage and L. O. & R.
PASSAIC & N E W A R K E L E C T R IC T R A C
first mortgage to be foreclosed. New company to issue: Common TIO N —A trolley road.
stock, $200,000; 4 per cent non-cumulative preferred, $100,000; first
O r g a n iz a t io n — Incorporated April 30,1895, and acquired all the
mortgage 30-year 5 per cent gold bonds, $100,000; and second mort $1,000,000 stock (no bonds outstanding) of the Passaic & Newark
gage 30-year 3 per cent gold bonds, $200,000. Holders of the $125, Electric Ry. Consolidated Traction Co. of New Jersey, which operates
000 old Oswego Street Ry. bonds will receive 100 per cent in the new the road, owns all the stock and guarantees the bonds.
second mortgage bonds, 50 per cent in the new preferred stock and 25
STOCK & B onds —
Date. Interest. Outstand’g. Maturity.
per cent in the new common. The new first mortgage bonds will be Stock., $1,000,000 (par $100)........................$1,000,000 ........
1st M.,$l,000,000,guar. p&i. < 1897 5
J-D
550,000 June'ii 1937
available for improvements, floating debt, etc. See V. 65, p. 278.
by Consol. Trac. of N. J . .. ( Int. at N. J. Title Gu. & Tr., Jersey City.
Bondholders’ Committee— Oswego St. By. 1sts.—S. M. Coon, OswegoROAD—Owns 10-78 miles of track.
C. Sidney Shepard, New Haven, N. Y.; M. B. Richardson, Oswego ; de
E arnings — Year 1897, gross, $43,054 ; in 1896, gross, $11,729.
positary, Knickerbocker Trust Co., N. Y.; about 98 per cent of these
OFFICERS -President, Bird W. Spencer; Secretary, W. G. Shaller,
bonds has been deposited.
Treasurer, F. M. Stillman.—V. 61, p. 420.
P A S S A IC , N. J.
STREET
P A T E R S O N , N. J.
R A IL W A Y
«7
b.
PETERSBURG, V A .
P o pulatio n 1890
was 78,347; in 1880 w as 51,031;
and IN 1870 w as 33,579.
T H E N E W JER SEY E L E C T R IC R A IL W A Y .
P o pulatio n 1890
was 22,680; in 1880 w as 21,656.
PIED M O N T T R A C T IO N —In Aug., 1898, obtained a
franchise for an electric road through the city. The Petersburg Elec
O r g a n iz a t io n — Incorporated in November, 1894. For further de
tric Ry., operating 3 miles of track, was purchased Nov. 10,1898, at
tails as to organization see Supplem ent of May, 1898.
foreclosure sale for or in the interest of the Piedmont Traction Co.—
R e c e iv e r s h ip — President J. L. Heins (Hoboken, N. J.), was appointed ,
V. 67, p. 435, 1004.
receiverin Dec., 1897—see V. 65, p. 1174; V. 66, p. 288.
STOCK & B o n d s —
Miles. Date. Interest. Outstand'g. Maturity. I
Stock, $3,500,000 ($ 1 0 0 )................................ $2,287,900
.......
.
Mort., $3,500,000, gold......... 1894 5 g. text.
2,367,233 N ’v.1,1944 I
Other debts Jan. 1,1898...................................
756.917 .............
P o pulatio n 1890 w as 1,046,964; in 1880 w as 847,170
M o r t g a g e —Trustee is the Mercantile Trust Co. of N. Y. City. Interest
AND IN 1870 WAS 674,022.
has been paid partly in scrip, but is now in default.
U N IO N TR AC T IO N .— trolley road.
A
R o a d —An electric railway projected between Greenwood Lake, ]
Chartered September 13,1895, and acquired practi
Singac, Paterson, Passaic, Rutherford, Hoboken and Jersey City—total j O r g a n iz a t io n —
60miles. Jan. 1,1898, 40*57 miles of track reported as operated.
j cally all the shares of the Electric Traction and People’s Traction Com
E a r n in g s — For the year 1897, $246,548; other income, $2,036; the panies in place of which were issued collateral trust certificates
In July, 1896, leased
* expenditures for repairs” were $41,735; and for operating, $163,799; secured by the shares placed in trust.
balance, net for year, $43,050. In 1896 gross, $195,909.—V. 65, p. j these properties for 998 years and 3 months from July 1,1896. Has
also leased the Philadelphia Traotion at 8 per cent on its capital stock
1174; V. 66, p. 288.
and has “ assumed” its 4 percent collateral trust bonds. V. 6 . p 663
P A T E R S O N R A I L W A Y —An electric road.
Leases (from Jan. 1 ,1898),Hestonville Mantua < Fairmount Passen
fe
O r g a n iz a t io n — Incorporated May, 1890, with a perpetual charter.
ger Ry. for 999 years at 6 p. c. on preferred and 4 p. o. on common
STOCK & B o n d s —
Date.
Interest.
Outstand’g. Maturity.
stock—see V. 66, p. 236. These companies include all the leading
Stock ($100)............................
....
$1,250,OOOf.p.............'
Paterson Ry. 1stM ............ 1888 6 J .-D .
$200,000 June 1,1908 street passenger railway lines within the city of Philadelphia. See
P a t e r s o n flit.v Rv M
51890 6
F. —
A.
50,000 Aug. 1, 1907 terms of consolidation, etc., in statements for the constituent com
rararson ony tty so.......} interestat First National Bank of Paterson.
panies. V. 6 L, p. 152,197, 283, 663.
Consol. M., gold, $1,250,- < 1891 6 g, J .-D .
1,000,000 June 1,1931
Int. or
OutMaturity or
000 ($1,000).............. c ( Trustee, Knickerbocker Trust Co.
STOCK & BONDS— Date. Dividends, standing.
last dividend.
2d een mort 4.300 000
51894 6 A. —
O.
300,000 Oct. 1,1914 Stock, $30,000,000, > .......................
598,609 shares......................
za. gen. mort., $300,000.. £Trustee( p e r s o n Savings Institution.
par $50................>
$17*50 paid in.
Other debt Jan. 1,1898....................................$111,729
................
29,724,876 red.aft.Oct.l,’45
L a t e s t E a r n in g s —9 mos.,) 1898___ Gross, $281,503; net, $124,891 Trust Co. certificates! 1895 4 g ,A - 0
gold, guar. p. & i. > Interest at Pa. Co. for Ins. on Lives & Granting
Jan. 1 to Sept. 30.
5 1897....Gross, 257,727 ; net, 115,344
by Union Tr....... . ) Annuities, trustee.
Fixed charges 9 months $81,000 in 1898; $81,324 in 1897.
STOCK—The stock authorized is $30,000,000; par, $50. Issued 598,
E a r n in g s — Por years ending December 31 earnings have been:
Tears—
Gross.
Net.
Fixed Charges. Bal., sur. 609 shares, on which the first instalment of $5 per share was due the
31st of October, 1895, a second instalment of $5 per share was payable
1897................... $347,023
$150,318
$109,555
$40,763
1896 .................. 319,085
128,556
106,683
21,873 Mar. 2,1896, $2*50 per share on March 1,1897 and $5 on Nov. 16
Road —Operates 40 miles of track in Paterson, N. J., and extending 1898. V. 67, p. 635.
to Passaic, Garfield, Clifton, Haledon and Acquackanonk City.
The loan of $2,400,000 for purchase of Hestonville road was paid off
OFFICERS—President, G. A. Hobart; Sec., Albert A. Wilcox; Treas., in Nov., 1898, from proceeds of fourth instalment ($5) called on stock
Hobart Tuttle; Purch. Ag., J. R. Anthony, Jr.—V. 62, p. 365.
of Union Traction Co.
P H IL A D E L P H IA , P A .
P A TE R S O N C E N T R A L
R A I L W A Y - 4 trolley ro .
ad
ELECTRIC
R eceivership —William Barbour and Charles Curie were appointed
receivers in Jan., 1898, on application of President.—V. 66, p. 135.
Stock, par $100....... $150,000 f. p.
E arnings —
1897.
1896.
1st mort. 58,1915.. .
46,000 From pass’s .....$13,795 $19,081
Otherdebts Jan. 1,’98
30,952 Other income
206
668
Cost road and equip.
154,045 Oper. expenses.. 21,065 25,102
ROAD—About 3-84 miles of track. Interest charges 2,873
.......
P E E K S K IL L .
P o pulatio n
in
1890
w as
9,676;
and in
1880
w as
6,893.
P E E K S K IL L T R A C T IO N CO-— To be a trolley road.
O r g a n iz a t io n — Incorporated in May, 1898, with a capital of $150,
000, to construct an electric railway in and between Peekskill and the
towns of Cortland and Yorktown. Incorporators: Charles Mason,
James A. Haight, Frank Frye, Charles N. Wells, Jay R. Decatur, Mat
thew Clune, James F. Martin and Hanford Smith of Peekskill and Jacob
Larrsch of New York City.
P E O R IA , ILL.
P o pu latio n 1890
AND
w as 41,024; in 1880 w as 29,259;
in 1870 WAS 22,849.
C E N T R A L R A IL W A Y .-A trolley road.
ORGANIZATION— Chartered March 31, 1888. Charter amended in
August, 1895, when Fort Clark Street Ry. was merged.
STOCK & B onds —
Miles. Date. Interest. Outstand’g. Maturity.
Strk $750,000(par, $100).................................. $750,000 ................
1st M., $750,000, gold, > .......
1895 5 g.A & 0
500.000 A p r.l,1915
($1,000)............... o *) Interest atN.Y . Security&Tr.Co., N.Y.,trustee.
Bonds of 1895 cover the entire system, including the lines of the Fort
d a r k St. Ry., control of which was acquiredin Aug., 1895. V. 61, p. 793.
ROAD—Owns 19 miles double and 3 m. single-track; total, 41 miles.
EARNINGS— For 7 months from April 1 to October 31,1895, on 41
miles, gross, $177,885; net, $76,532. For years ending March 31 earnngs on 27 miles (not including Fort Clark Street Railway) were as
1 ollows: 1894-5 gross, $201,051.
OFFICERS— President, Walter Barker; Secretary, J. N. W ard; Treas
urer, H. J. Woodward; General Manager and Purchasing Agent J.
Finley; Superintendent, P Brady. INDEX—V. 61, p. 793, 966.
G L E N O A K & PRO SPECT H E IG H T S R A I L
W A Y — trolley an steamroad
A
d
.
ORGANIZATION—A consolidation of 1896. Stock issued, $81,000;
first mortgage gold 6s (M&N), due 1916, $100,000; Royal Trust Co. of
Chicago, trustee; miles of track. 7*2. President, M. Sieberling.
P E O R IA & P E K IN T R A C T IO N ORGANIZATION— Incorporated Aug. 5,1897, to build from Peoria to
Pekin. Leased Peoria Terminal RR. for 50 years from December, 1897.
STOCK & B onds —
Date.
Interest. Outstand’g. Maturity.
Stock, $500,000 (par $100) ........................
$300,000
..........
1st M., $500,000, gold___ c *) 189*1
5g. J-J None,Nov.’98 1928
$1,000 each....................5 Tnt. at Royal Trust Co., Chicago, trustee.
R oad —Entire line to be 30 miles of track, electric and steam, extend
ing from Peoria to Pekin andin both cities, of which 14*2 miles owned;
Peoria & Term. RR. leased, 13*7 m.; street railway trackage, 2*1 m.
OFFICERS— President, T. j . Miller; Vice-President, E. J. Darst; Sec
retary, A. M. Hewes; Treasurer and General Manager, L. E. Myers.
T r ust C er tific a te s —The trust certificates are not the direct obli
gations of the 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. o fa l 1the shares of the stock
of the Electric Traction Company and the People’s Traotion Com
pany thus purchased. See description of certificates in V. 64, p. 135.
They are guaranteed, principal and interest, by the Union Traction Co.
and are redeemable at the option of that Co. on and after Oct. 1, 1945.
Under terms of lease the bonded debt of both Hestonville M. & F.
Pass. Ry. and Fairmount Park & Haddington companies were as
sumed.—V. 66, p. 230.
The capitalization of the Union Traction system and the fixed charge >
.estimated) for year ending September 30,1896, fo llo w :
CAPITALIZATION.
Constituent Companies—
Capital stock........... $57,891,200
Funded debt...........
11,675,600
Union Traction Co.—
Capital stock..........
30,000,000
Collateral trust 4 s... 29,735,000
FIXED CHARGES.
Guaranteed rentals..
Guaranteed interest.
Rent, Ph. Traction...
Interest, coll. tr. 4s..
Taxes,all companies.
$2,135,000
580.000
1,600,000
1,189,000
600.000
$6,104,400
$129,301,800 Less rent & int. reo...
215,000
21,000,000
Total net charges.. $5.889,400
Total net capital’n.$108,301,800 ‘
ROAD— On June 30,1897, operated 424 miles of track. On Jan. 1
1898, leased Hestonville Mantua & Fairmount road, 24 miles, making
total in 1893 418 miles.
Less stocks in trust..
ANNUAL R e p o r t — Fiscal year ends June 30. Statement for 1897-8
including Hestonville earnings since Jan. 1,1898, with balance sheet
in V. 67, p. 734. shows as follows :
1897-98.
No. passengers carried.................
238,939,353
Gross earnings........................................ $10,860,542
4,456,375
Operating expenses.......... .......................
1896 97.
228,102,758
$10,381,015
4,949,850
Net earnings.....................
Other income, interest, etc
$6,404,167
110,895
$5,431,164
99,630
Total net income.........
Taxes and licenses....... .
Fixed charges..................
$6,515,062
894,737
5,595,704
$5,530,795
913,389
5,469,340
Surplus................................................
$24,620 def.$851,934
Operating expenses, including licenses and taxes, were 49*27 per
cent of gross income, contrasting with 56*48 per cent in 1896-7.
During 1897-98 $903,169 was spent on capital accounts, of which
$392,097 was for construction work, $103,980 for stocks of underlying
companies and $267,502 advanced in open account; balance miscel
laneous.
OFFICERS— President, John B . Parsons; Vice-President, Geo. D .
Widener; Secretary and Treasurer Charles O. Kruger.
DIRECTORS (Oct., 1898)—George W. Elkins, John B. Parsons,William
H. Shelmardine, P. A. B. Widener, William L. Elkins, Thomas Dolan
George D. Widener, James MoManes, Jeremiah J. Sullivan, Alfred
Smith and Alex. M. Fox.—V. 66, p. 1142; V. 67, p. 175, 635, 691, 734.
L in e s C o n t r o l le d b y U n io n T r a c t i o n C o .
( 1 ) CA TH A R IN E & B A IN B R ID G E STREETS R Y —A trolley road.
ORGANIZATION— Incorporated May 14,1889, and leased to the Phila
delphia Traction March 1,1890, for 99 years, and since Oct. 1, 1895,
STEEET
*58
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. Rental is $24,000 yearly, besides interest and taxes.
S t o c k & B o nds—
Miles. Date. Interest. OutsVd’g. Last div., etc
Stock, par $50.-7?........ ............... 6%M-S $400,000 Mar.,*98,3%
1st M. $150,000 ($1,000)o
1890 5 x A -O 150,000 Apr. 1,1920
Open acct. July 1,1896........... ...................
234,698
.............
In fest at Land, T. & T. Co., trustee, Penn. Co. for Insur. of Lives, etc.
Dividends—Dividend of 6 per cent have been paid.
ROAD—The road aggregates 11*36 miles of track.
( 2 ) CITIZENS PASSENGER R A I L W A Y ORGANIZATION—Incorporated Marcji 25,1858. Leased to Frankford
& Southwark Passenger Railway Company A pril 1, 1892, for 999
years for the following guaranteed dividends per share per annum;
1st year, $11 50; 2d, $12; 3d & 4th, $12 50; 5th & 6th, $13; 7th and
thereafter, $14. This lease was assumed by the Electric Traction
Company July 1,1893. The Union Traction now operates the road.
STOCK & B onds — Miles. Date. Interest. Outstand'g. Last div., etc>
Stock $500,000 ($50).
11 ....... .
Q-J
See text.
See text
Stock paid in $192,500; $20 on 8,500 shares and $16 on 1,500
shares. Road, Columbia Avenue to Mifflin St., 11 miles of track.
{ 3 ) CO NTINENTAL PASSENGER R A I L W A Y - A trolley road.
ORGANIZATION—Incorporated Sept. 3,1873. Leased Jan. 1,1880, to
Union Passenger Railway Company for 99 years at rental of $6 per
hare per »»innm, interest, taxes and operating expenses, and assigned
to Philadelphia Traction Company June 30,1884. Operated by Union
Traction Company since October 1,1895. Stocks owned, per balance
sheet July 1,1896, $600,000.
STOCK & B onds — Miles. Date. Interest. Outstand'g. Last div., etc.
Stock, par $50............................ $6 J - J ^ l ^ p a i d i n ! } July
1898
1st mortgage, ($500 J ....... 1879 6% J - J
$290,000
July 1,1909
and $1,000)......o. I Interest at Land, T. & T. Co., Philadelphia, Pa.
Due lessee for additions July 1,1896, $672,568.
Bonds are subject to drawings of $20,000 Dec., 1, yearly. Trustee
Land Title & Trust Co.
r oad —Owned July 1,1896,10*07 miles of track.
( 4 ) ELECTRIC T R A C T IO N ORGANIZATION—Incorporated May 8, 1893, and acquired control of
the Citizens’ Passenger Ry., the Frankford & Southwark Passenger Ry.
and the Second & Third Street Passenger Ry.
In 1895 the Union Traction Company purchased practically all the
stock at the rate of $85 per share for each share on which $50 had
been paid and $70 per share for each share on which $30 had been
paid, the Pennsylvania Co. for Insurance on Lives & Granting Annui
ties issuing therefor its guaranteed trust certificates. On July 1<
1896, the Union Traction Co. leased the property for 998 years and 3
months. See V. 61, p. 197, and also “ Union Traction.”
STOCK—
Par.
Dividends.
Issued.
Outstand'g,
Stock (part $30 pd.) $50
.......
$8,297,920
See below.
Stock authorized, 175,000 shares of $50 each; Issued, 152,396 shares
o f $50 paid and $22,604 shares of $30 paid, making total $8,297,920.
ROAD—On June 30,1890, operated 120*92 miles of track. Rail 90 lbs
ANNUAL R eport —R eport for year ending June 30,1896, with balance
nheet, was given in Y. 63, p. 557, under “ Union Traction ” showing
gross, $2,496,164; net, $1,225,956; other incpme, $75,538; interest,
rentals and taxes, $1,161,335; dividends, $175,000; balance, deficit,
$34,841. In 1894-95 gross, $2,112,280.—V. 63, p. 557•
EAILWAYS,
Interest on both loans at Guarantee Trust & Safe Deposit Co.
Stock—Paid in $572,800; $15 per share on 20,000 shares and $35
per share on 10,000 shares.
Road —Owns 31 miles of track. Extension of 2,000 feet from H ill,
crest Avenue to city line completed in September, 1898, forms, with
the Roxborough Chestnut H ill & Norristown Passenger Ry. a through
line to Norristown.
( 8 ) G R EE N & COATES STREETS P H IL A . P ASSE NG E R RY.—A
trolley road.
ORGANIZATION —Incorporated April 21, 1858. Leased to People’s
Passenger Railway for 999 years from Sept. 1, 1881, at an annual
rental of $60,000, interest on bonds, and expense of management.
STOCK & B onds — Miles. Date. Intere
„ „ .te n
n 1
Outstand'g. Last div..etc'
5 10,000 shs.) Oct., 1898
A C ....... 1878 6x J-J 3 .* $100,000
July 15,’98
*°< Interest and dividen < f are paid at Real Estate
i
x -f ree irom xax.
^ Title Insurance & T 1 u st Company.
Mortgage trustee, Fidelity Insurance Trust & Safe Deposit Company.
Dividends are 12 p. 0. per annum. Owns 7 miles of road.
(9) HESTONVLLLE M A N T U A & F A IR M O U N T PASSENGER
R A IL W A Y .—A trolley road.
O r gan izatio n — Incorporated April 6,1859. Franchise is perpetual
LEASE— Hestonville M. & F. road leased from Jan. 1,1898, to Union
Traction for 999 years at a rental of 6 per oent 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 Traotion
which assumes the dividends guaranteed on that stook. The Union
Traotion assumes the bonded debt of both the Hestonville and Had
dington companies and purchased 4,780 shares of the preferred and
35,294 of the common Hestonville stock, the common at $45 per $50
share.—Y. 66, p. 236.
STOCK & BONDS—
Date. Interest. Outstanding. Last div., etc.
Common stock, par $50............ 4 J -J | part^(.^in! ^ July, 1898,2%
July, 1898,3%
Preferred stook, par $50.......... 6 J -J 533,900 f.p.
FairmountPass Ry. 1st... 1861 6 J -J
124,500
July 1,1901
1882 6 M -S
75,000
Mar.JL, 1902
Hest. Man. & F. 2d M.ox ■ Interest at Guarantee Trust Co., Phila.
Consol. M., $1,250,000 <1894 5g M -N
1.050,500
May 1,1924
g., $500 & $l,000.c*x ( Trustee, Girard Life Ins. An. & Tr. Co.
Guaranteed rental 999 year lease—
.~ 6 g F -A
300,000
Aug.V 9 8 .3 %
Interest is payable in Philadelphia, x Free of tax.
Common stock authorized, 39,322 shares; preferred, 10,678 shares;
par value of each, $50; stook outstanding as in table.
Consolidated mortgage for $1,250,000 was executed in 1894, of whioh
sufficient reserved for prior liens when due, and remainder, as also pre
ferred stook, sold to meet expense of electrical equipment.
ROAD—June 30,1897, road owned 17*83 miles of track in Philadel
phia; leased and operated 6*25 miles; total, 24*08 miles.
ANNUAL R epo r t — For calendar year 1897 gross, $514,734, against
$549,896 in 1896—see V. 66, p. 131. Report to the State of Pennsyl
vania for years ending June 30 show earnings as follow s:
1897.
1896
1897.
1896.
Gross receipts..$534,344 $576,912 Interest........... $67,632 $48,25‘
.......
Operating exps. 310,732 344,402 Rentals............ 18,5n0
Dividends.. .. 130,339
32,034
Net earns...$223,612 $232,510 Taxes & rentals. 51,779 . 29,150
Bal., deficit...... 44,638 sr.123,063
Earnings since Jan. 1,1898, are included in those of Un. Trao. Co.
GENERAL BALANCE SHEET JUNE 30, 1897.
/ 5 ) E M P IR E PASSENGER R A IL W A Y —A trolley road.
AsstfitsiLiabilities.
O r ganizatio n —Incorporated Feb. 10,1869. Leased Deo. 26, 1873
Construction............... $1,336,265 Capital stock............... $833,281
to Citizens’ Passenger Railway Company and the Seventeenth and Equipment..................
1,250,000
559.142 Bonds.................... .
30,528
Nineteenth Street Passenger Railway Company for 999 years. Trans Real estate..................
438,859 Ground rents & m ort...
100,000
1,514 Loan (F. P. & H. P. Ry.)
ferred Oct. 1,1895, along with all right to dividends on 6,100 shares Miscellaneous.............
16,000
Cash...........................
38,106 Accounts payable../...
of its stock [then held by the Union Passenger Railway Co. as trustee
Profit and loss.............
144,077
and lessee], by lease of Philadelphia Traction to the Union Traction Co.
T o tal......................... $2,373,886
Total....................... $2,373,886
St o c k A B o nds—
Miles. Date. Interest. Outst'n'g. Last div., etc,
Stock, par $50..................................
....... $600,000
.............
(10) P E O P L E ’S PASSENGER R A IL W A Y .—An electric road.
.
1870
7 J~J 200,000
July, 1900
1st M., $300,000 (500) .c. ^ interest at Land T. & T. Co., Philadelphia, Pa
O r g a n iz a t io n — Of the capital stook the People’s Traction in July,
Due lessee Co. for additions July 1, 1896, $705,715.
1893, owned 55,407 shares of common and 22,950 of preferred.
EARNINGS—For year ending June 30, 1896, gross, $497,870. In
STOCK & B o n d s .— Date.
Interest.
Outstand'g. Last div., etc.
1895-6 paid dividend of 10 p. o. Road —Owns 10*25 miles of track.
Common stock $25... ... ...
Text.
^^$740,000^
- - -- - --------( 6 ) FR AN K FO R D & SO UTH W AR K PASSENGER R A I L W A Y Preferred stock $25.. ... ...
Text.
^^$277,402 ^
— -«
ORGANIZATION—Incorporated April 4,1854. Absorbed the Lombard
1st mortgage.......... c 1875 7 J.-J.15
250,000 Jan. 15,1905
& South Streets Passenger Railway in 1890 and secured conlrol of 2d mortgage*
___ o 1881 5 J.-J.15
458,000 July 15,1911
the Lehigh Ave. Railway in 1893. Leased to the Electric Traction Co, Con. M* $1,125,000.. t \ 1882 5 M.-8.
367,000 Mar.
1,1912
$1,000
c&r 5 Trustee Guarantee Trust & Safe Deposit Co.
for 999 years from July 1,1893, dividends for the several years named
Interest on the first mortgage 5s and 7s is payable at the office of the
below being guaranteed per share:
Real Estate Title & Trust Co.
1st
2d
3d
4th
5th 6th
7th 8th 9th 10th & after.
Common stock authorized, 60,000 shares; preferred, authorized,
$12 $12 50 $13 $13 50 $14 $14 50 $15 $16 $17
$18
S t o c k A B onds—
Miles. Date. Interest. Outstand'g. Last div., etc, 30,000 shares, of whioh June 30,1896, 7,000 shares were In treasury.
Stock, par $50...........
45
......
Q -J
$1,875,000
See text.
R o a d —Company operates 83*66 miles of track, of which 6*4 miles
T
a
„ C 10
1881 5x J-D
150,000 Deo. 1,1901
<
Subject to call since Deo. 1,1886 owned and 77*26 miles leased and operated.
M.,($500 & $l,000).e £ Mtge< trustee, R. Est. Title Ins. & Tr. Co., Phila.
A n n u a l R e p o r t — Report to State of Pennsylvania for year ending
West End Pass’gr Ry., (
9
1875 7 A - O
132,100 Oct. 1, 1905 June 30,1896, was in V. 63, p. 557, under “ Union Traotion.” Se§ also
M. ($100 & $500...c ( Mortgage trustee, Phila. Trust S. D. & Ins. Co
“ People’s Traotion ” above.
Interest on all loans payable by Elec. Tr. Co., 421 Chestnut St.,Phila
Year ending June 30—
1896.
1895.
1894.
ROAD—Owns 45 miles of track, acquired as follow s:
Receipts from passengers...... $2,035,082
$1,647,776
$1,014,585
Receipts from other sources...
23,431
12,900
29,574
Frankford & Southwark Passsenger Railway........................ 20 miles,
Lombard & South Streets Passenger Railw ay........................19 miles
Total receipts............. 1...$2,058,513
$1,660,676
$1,044,159
Lehigh Avenue Railway........................................................ 6 miles
—V. 61, p. 469 ; V . 63, p. 357.
( ? ) GERM ANTOW N PASSENGER R A IL W A Y .—A trolley road.
(11) PE O P LE ’S TRACTION—An electric road.
ORGANIZATION—Incorporated April 21,1858. Leased Oct. 1, 1881
to the People’s Passenger Railway Company for 999 years, but rental
modified in 1893; stock after 1897 receives dividends yearly of $5 25
STOCK & B onds —
Par. Date. Int'st. Outs’d’g. Last Div., etc,
Stock.......................
$50 .......
Q-J See text.
Oct., 1898
F R ^ e r ^ i 'R y S l . r }
500
Oermant’n Pass. M. .r $1,000
1864 5 J~D
1879 5 A -O
$67’500
160,000
June 1,1904
Oct. 1, 1899
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 October, 1895,
the Union Traction Company acquired practically all the stock at $76
per share, the Pa. Co. for Ins. on Lives & Granting Annuities issuing
therefor its guaranteed trust certificates. On July 1,1896, the Union
STREET
RAILWAYS.
Traction also leased the road for 998 years and three months. (See
Union Traction ” Co., this Su p p l e m e n t .)
STOCK, E t c —
D a te. D iv id e n d s .
Issu ed .
M a tu r ity .
Capital stock $30 )
9 i.
f 200,000 shs.\
(See text.)
\ ....... See text. ^ $30 paid In. \ ...................
To distribute surplus from past operations, In August, 1896, was de"
■clared a dividend of 4 ^ per cent per annum for the last four years.
EARNINQS—Earnings and balance sheet of the operating company,;
the People’s Passenger Ry., were given In V. 63, p. 557, under “ Union
Traction,” showing for year ending June 30,1896, gross, $2,035,082
net, $1,084,892; other Income, $23,431; interest, rentals and taxes .
f 800,727; dividends, $207,500; balance, deficit, $34,606. In 1894-5
Cross earnings were $1,647,776.—V. 61, p. 663, 795.
( 1 2 ) P H IL A D E L P H IA CITY PASSENGER R Y .—A trolley road.
ORGANIZATION—Incorporated April 9, 1859. Leased to West Phila
delphia Passenger Railway Company for 900 years from Jan. 1,1884,
lo r 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.
STOCK db B onds — P a r . D a te. In terest
O u tsta nd 'g. L a s t d iv., etc.
Stock . . . . . . . . . . . . . .
$50 ...... $7*2 J-J |$2«?75 pai3 } July, 1898
lstmort., ext’d..c.
500 1861 5% J - J
$200,000
Jan. 1,1910
Debentures....... r. 500,&o.......... 5%M-S
100,000
................. .
ROAD—Owns 11*7 miles of track.
( 1 3 ) P H IL A D E L P H IA & D A R B Y R A IL W A Y —A trolley road.
O r g a n iz a t io n — Incorporated May 2,1881. Leased to the Philadel
phia City Passenger Railway Company for 999 years from Jan. 1,1870,
lo r $8,000 per annum and interest on bonds. Transferred under lease
-of Philadelphia Traction Co. Oct. 1,1895, to Union Traction Co.
St o c k A Bonds—
M ile s.
D ate. Interest. O u tsta n d 'g. L a s t d iv., etc.
Stock, par $50................................ 4 J-J $200,000 Ju ly ,’98, 2%
ZZ
\
< .................. 4 M -N
100,000 May 1, 1927
1st mortgage........... o £ interest at Land, T. & T. Co., Philadelphia, Pa.
Road —Owns 14*80 miles track.
( 1 4 ) P H IL A D E L P H IA & G R A Y ’S P E R R Y PASS. RY.—Trolley.
O r g a n iz a t io n —Leased to Philadelphia Traction Co. for 999 years
from Jan. 1,1891, at rental 1st five years, $43,225, or $3 50 per share
per annum, and $49,400, or $4 per share per annum thereafter, the
lessee to pay all taxes, running expenses, eto. Operated by Union
Traction Company since October 1,1895.
STOCK & BONDS—
M is .
D a te.
In t.
O u tsta nd 'g.
Stock, par $ 5 0 .......................... $31
eJ-J | ^ i ^ p a i d f " }
L a s t D i v ., etc.
July, 1898
D iv id e n d s at Real Estate Title Ins & Tr. Co. Owns 10 miles of track.
( 1 5 ) P H IL A D E L P H IA TRACTION—A trolley road.
ORGANIZATION—Incorporated August 21,1883, and secured control
o f an extensive system of roads in Philadelphia, Pa. (about 210 miles
o f 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 eases 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
Oct., 1895. The lease provides for dividends of $4 (8 p. o.) per annum
■on each $50 share, payable in gold coin, free of taxes. The collateral
trust 4s are “ assumed” by the Union Traction. See V. 61, p. 663, for
extracts from lease. Philadelphia Traction stockholders were allowed
to subscribe for new Union Traction stock to the amount of 77 per cent
e f their holdings. See V. 61, p. 197, and also “ Union Traction” Co.
this Su p pl e m e n t
S to c k A B onds—
D ate.
Interest.
■ Outsta nd ing.
L a s t d iv. die
Capital stock (par $50).........
8 A.-O.
$20,000,000 Oot. 1,’98,4%
Col. trust gold bonds) 1887 4 g. P.-A.15
963,000 Aug.15,1917
Sub. to call at 105c \ Interest, free of tax, payable at LandT.&T.Co.
Open accts. July 1, ’96........
.......
$3,835,963
................
The bonds are secured by deposit of W. Philadelphia and Union Pas•enger Ry. stock. Loan originally $1,300,000, reduced to present
figures by sinking fund drawings at 105 (about $35,000 a year). These
■bonds and floating debt are “ assumed” by the Union Traction Co.
under the lease.
D ividends — > 1885, ’86, ’87, ’88, ’89, ’90 to ’93, ’94, 95’ ’96, and sinceP eroent
(
2
3
6
5
4
6
8 (1) 8 p.c. per an
In June, 1895,4 per cent. Under the lease divid nds of 8 percent
a r e guaranteed. Y. 61, p. 663.
STOCK—The total authorized stock is $30,000.000.
R(5a d — The system now assigned to the Union Traction Co. aggre
gated 210 miles, consisting of the following “ Passenger Railways:”
M ile s.
M ile s
Union Passenger Ry.............. 52 0:* Phila. City Pass. R y............. 9*45
West Phila. Pass. R y .............27*25 17th & 19th Streets.. . . .......
8*84
Ridge Ave. Pass. R y .............15*25 22d & Allegheny.................
8*25
Phila. & Darby Pass. R y....... 14*80 M o rris * T a s k e r .............
7*30
13th & 15th Streets.............. 13*10 Catharine < Bainbndge sts.
fc
5*10
Phila. & Gray’s F e r r y ........10*20 Other lines.......................... 18*86
■Continental Pass. R y........... 9*80
' . __
•Empire Pass. R y ................ 9*80 Total of all.......................210*00
ANNUAL R epo r t .—R eport for year ending June 30,1897, with bal
ance sheet, was in V. 65, p. 514, under “ Union Traction.” President
-George D. Widener.—V. 63, p. 311,557.
M 6 ) RID GE A V E N U E PASSENGER R A ILW A Y .
^Or g a n iz a t io n — Consolidation of Girard College Passenger Railway
find the Ridge Avenue * Manayunk Passenger Railway on March 8,
1872. Leased to the Philadelphia Traction Co. for 999 years from
fiept 1,1892, for dividend of $10 per share per annum to September,
1895, and $12 per share thereafter. Operated by Union Traction
Company since October 1,1895.
8
tock
A B o n d s — M ile s. D a te.
Interest.
Ou tsta nd 'g.
L a s t div.,etc
.............
On account of some old debts dividends for 1896 were continued
at $10 per share instead of the $12 as noted above. In 1897 dividends
were increased to $12 per
are. Owns 15*25 miles of track.
89
( 1 7 ) SECOND & T H IR D STREET PASSENGER R A IL W A Y —
O r g a n iz a t io n —Incorporated April 10, 1853. Leased Oct. 1 , 1893
to the 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
$9
See below.
$10
$10 50
$11
$12
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 & B onds — Date. Interest.
Outstand'g.
Last div., etc.
Stock issued, 21,204 (
m
AT. a t
atatwI in ( Jan., 1898,
shares; par $50... * ....... Text Q-J $771,076pd. in. £ $2 50 per b1
u
O f f ic e r s — President, Horace T. Potts; Secretary and Treasurer,
Charles D. Marlaok.—V. 62, p. 785.
(18)
SEVENTEENTH & N IN E T E E N T H STS. PASSENGER R Y .—
ORGANIZATION—Incorporated April 12,1859. Leased to the Conti
nental 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, eto. Transferred under lease
of Philadelphia Traction Co., October 1,1895, to the Union Traotion
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
also transferred to the Union Company.
STOCK & BONDS— Mis. Date.
Int.
Outstand'g. Last Div., etc.
Stock, par $50.... ................ 3% J-J |
} July’ 1898’
1st M. ($500)...c ) .... 1876 5% J-J
$100,000
July 1,191#
Extended....... 5 Interest at Land, T. & T. Co., Philadelphia, Pa.
Due lessee for additions July 1,1896, $554,289.
ROAD—Owns 8*84 miles of track.
(1 9 ) T H IR T E E N T H & FIF T E E N T H STS. PASS. RY.—A trolley road.
ORGANIZATION— Incorporated April 8,1858. Leased Jan. 1,1892, to
Philadelphia Traotion Company for following rental: From January,
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 Traotion October 1,1895.
STOCK & BONDS— Miles. Date. Interest. Outstand'g. Last div., etc.
Stock, par $50............................. $11 J-J |
8
p|; | July, 1898
1st M. ($500)....... 0 ........ 1876 7% A -O
$100,000 ' * Oct. 1, 1903
Conso^8p($500,000). £ ........
1894 5 % j _ j
$400,000
Jan. 1, 1934
Real estate mtges...................................
90,000
...................
Dividend in July, 1895, $5 per share; the Janualry, 1896, dividend
was not paid owing to payment of city’s claim for paving. V. 61, p.
1155. In July, 1896, paid $4 per share; in 1897, Jan., $5 per share in
full for last half of 1896; July, $5 50 per share; in 1898, Jan., $5 50.
Interest and dividends 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 Philadel
phia Traction Company, and the coupons are payable tax free.
R oad —Owns 15 miles of track. Extension to League Islapd operated
from March 13,1898. See Union Traction report in V. 67, p. 734.—
V. 61, p. 1155.
(2 0 ) U N IO N PASSENGER R A IL W A Y —A cable and horse road.
O r g a n iz a t io n —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 Traotion Co.
The Union Passenger Railway Co. October 1,1895, was still holding
as lessee and trustee 6,100 shares Empire Passenger Railway stook
and 10,000 shares of 17th & 19th Streets Passenger Railway.
STOCK & B o n d s — Miles. Date. Interest. Outstanding. Last div., etc.
Stock, par $50.............................} $J-J° \
l July, 1898
Dividends paid at 423 Walnut St........... paia ln* )
1st mortgage ($100 ) ....... 1881 5x A - O
$500,000
Mar.31,1911
$20,000 red eemable yearly.
and $500)........ c. s
2d mortgage ($100) ....... 1884 5x A - O 250,000
Mar.31,1910
and $500)........ c. 5 Int. on both loans at Land, T. &T. Co., Phila., Pa.
Due lessee company for additions July 1,1896, $6,685,460.
Road — Owns 56 miles of track.
(2 1 ) WEST P H IL A D E L P H IA PASSENGER RY.—Cable and horse.
ORGANIZATION—Incorporated May 14,1857. Leased Jan. 1,1884, to
the Philadelphia Traction Co. for 999 years, at an annual rental of
$150,000, or 20 per cent on stock, and interest, taxes, eto. Operation
transferred Oot. 1,1895, to Union Traction Co.
S to c k A B ondsMiles. Date. Interest. Outstand'g. Last div., etc.
Stock, par $50............................ $10 J-J $750,000
July, 1$98
1st mort. ($1,000), ( ....... 1876 6 A - O
246,000 April 1,1906
gold
............c ( Mort, trustee, Girard Life In. An.& Tr. Co., Phila.
„.
.
....... 1886 5 M -N
750,000
May 1,1926
zam ort. ot>i,uuu)..c i Mortsage trustee, Pennsylvania Co. for the Ins.
Free from tax.
£ 0f Life & Gr. of Annuities, Philadelphia, Pa.
Interest on both loans payable at Land, T. & T. Co., Philadelphia, PaDue lessee for additions to July, 1896, $2,434,535.
ROAD— Owns 27*25 miles of track.
D E L A W A R E C O U N T Y & P H IL A D E L P H IA
E L E C T R IC R A I L W A Y — trolley road.
A
O rganization — Completed from Media, Pa., to Baltimore Avenue,
Philadelphia, in January, 1895; connects with the Chestnut & Walnut
Street cars of the Union Traction system.
STOCK & B onds —
Date. Interest.
Outstanding. Maturity
Stock, $500,000 auth.
Ï893 ' 6 J -j"
64,000 Juiÿ’1,1913
1st mortgage............ Interest at Independence Nat. Bank. Phila.
R o a d —June 30,1898, owned 10 miles. Rails 80-lb. T and girder.
EARNINGS —For year ending June 30, 1898, gross, $68,477; n e t
$35,458; interest,taxes, etc., $6,762; dividend, $23,600; balance, sur
plus for year, $5,096. In 1896-7, gross, $63,258 ; net, $31,164.
OFFICERS— Pres., J. S. Aus'*" n; Sec., Samuel Haigh; Treas.,W. H. Sayen
3
70
STREET
RAILWAYS.
F A IR M O U N T
P A R K T R A N S P O R T A T IO N
miles connecting the two cities, laid with 48 lb. T rail. In Aug., 1898,
ORGANIZATION—A New Jersey corporation formed in 1896. Charter extension of 22 miles running through Troy, etc., to Dayton, O., was
perpetual; license from Park Commission runs until July 24,1939. about to be constructed. President, W. P. Orr; Vice-President and
Prom Nov. 30 to May 1 operation is optional. Owns Woodside Park.
Manager, A. M. Orr; Secretary and Treasurer, L. M. Flesh.
a .SfOCK. & B onds —
Date. Interest. Outstand'g.
Maturity.
8tock, $2,000,000 ($50)............................... $1,770,000 Dec.1,’97,2%
§Pld» f 500.° 00, c a ii) 1897 5g. M-S
500,000
Sept. 1, ’12
1902, > Trustee. Girard L. Ins. A. & Tr.. Phila.
P o pulatio n in 1890 w as 6,697.
m ,0 0 ° )...................... c* ^ As to bonds of 1897 see V. 65, 620.
2d mortgage, $150,000....... 1898 ..........
(1)
................
PITTSBUR G F R O N T E N A C & S U B U R B A N
Dividends—First dividend paid (checks mailed) Dec. 1,1897,2 p. c.
E L E C T R IC R Y Road —Traverses West Park and East Park, 8*47 miles of track, and
O r ganization —Chartered July 9,1894.
The population of the dis
crosses the Schuylkill River on a steel bridge. Rails are 90 lbs.
trict served by the road is said to be over 21,000. Company also ow n»
E arrings —R oad was completed in Nov., 1896, and to Oct. 31,1897, an electric-light plant in Pittsburg, Kan. Pittsburg (Kan.) parties
gross earnings of railway were $122,552; net, $72,652; yearly bond obtained control in March, 1898.
interest, $25,000; dividend Dec. 1,1897 (2 p. o.), called for $40,000.
STOCK & B onds —
Date. Interest. Outstanding.
Maturity.
$100,000
.......... „
Prom Nov. 1, 1897, to Sept. 13, 1898, gross reported as about Stock $100,000 (par $100) ......................
1st mort., $125,000, gold $ 1896
6 g. J-J
125,000
Jan. 1,1911
$101,000; net about $51,000.
redeemable in 10 years \ Int. at R. E. Title Ins. & Tr., Phila., trustee.
OFFICERS— President, (Oct., 1898,) Charles Porter; Sec. and Treas.,
P $ 7 5 T o i S s u £ e V b y P 'i 18 9 7
Deo. 1
Ellsworth H. Hults; Bullitt Bldging, Philadelphia.—V. 65, p. 620.
I ; & S.U assumed by F. £Int. at N6% . J- D
.Y Seourity &©
Trust, trustee.,190 8
P IT T S B U R G , K A N S A S .
HO LM ESBURG TACONY & FRANKFORD
E L E C T R IC R A IL W A Y -A trolley road.
O r g a n iz a t io n — Incorporated in 1890. Opened Oct. 6,1895.
STOCK & B onds —
Date.
Interest.
Outstand'g.
Maturity•
Stock (par $50) $800,000 .......
......
$680,000 ................
1st mort., $400,000, gold, ( 1895
5g. M -N
400,000 May, 1925.
$1,000 and $500......c* \ Trustee, West Phila. Title & Trust Co.
Interest is paid at R. K. Title Ins. & Tr. Co., Philadelphia.
R o a d —Total track owned, 16-18 miles; track leased, 1-11 miles.
E a r n in g s — Por year ending June 30, 1897, gross, $105,493; net
$30,008; int., taxes, etc., $27,016; balance, surplus, for year, $2,992. ’
OFFICERS.-President, John T. Windrim; Secretary and Treasurer,
Prank F. Bell; General Manager, T. W. Crockett, Jr.—Y. 60, p. 967.
The first mortgage oovers all the railway, property, franchises, eleotrio-light plant and real estate.
Earnings —Including electric-light plant and P. F. & S. and P. Weir
City & Col, railways: January 1 to June 30, 1897, 6 months, gross
$16,843; net, $10,797; interest, 6 months, $4,500; balance, surplus 8
months, $6,297. For year ending Oct. 30,1896, gross, $15,842.
Road — rn July, 1897, operated 17-3 miles of track, running from
Pittsburg to Frontenao, Litchfield, Medway, Cornell and Yale. Exten
sion to Fleming and Weir City proposed in 1897-8. President, Robert
Simons.
P IT T S B U R G , P A .
P o pulatio n 1890
P H IL A D E L P H IA & BR ISTO L PASS. RY<—
ORGANIZATION—Chartered January 3,1896.
STOCK & B onds —
Date. Interest. Outstand'g. Maturity.
Stock $250,000 (par $50).......................... ..
$250,000
1st M .,$250,000 g.($l,000).o* 1896 5 g. J-D
250,000 Jan. i.5,V26
Interest at Security Trust Co., Philadelphia, trustee.
Road —P hiladelphia to Croydon Station, 7 miles, opened in April,
1897. Injunction has prevented completion to Bristol. Conneots
with Holmesburg Tacony & Frankford Electric Ry. Forms part of a
through electric line from Bristol to Philadelphia.
O fficers —P resident, Henry V. Massey; V.-Prest., Edgar A. Tennis;
Sec. & Treas., Frank G. Edwards.—V. 63, p. 230.
P H IL A D E L P H IA
& W EST
T R A C T IO N — trolley ro .
A
ad
CHESTER
O r g a n iz a t io n — Chartered in 1895. This company, in Oct., 1898,
absorbed the Delaware County & Philadelphia, Castle Rock & West
Chester Passenger Railwy Co., and line to West Chester reported to
be almost completed in Nov., 1897— V. 60, p. 837. Capital stock,
$329,700; par $50. Loans payable June 30, 1897, $63,458. stock
holders were to vote August 23, 1898, to authorize a mortgage for
$400,000 to*retire indebtedness and for other purposes.—V. 67, p. 30.
ROAD—Owns 1234 miles of track, laid with 60-lb. rails, 19 electric
motor cars and 4 others. President, John N. M. Shimer; Secretary,
D. G. Baird; Treasurer, Jones W ister.- V. 60. p. 837; V. 67, p, 30.
w as 238,617; in 1880 w as 156,389
AND IN 1870 WAS 86.076.
U N IT E D T R A C T IO N CO.—(See M ap on page 70).
O r g a n iz a t io n .— Formed in 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 Allegheny
& 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.
STOCK & Bonds
Date. Interest. Outstanding. Div.orMat.
Com. stock, $17,000,000 (50)...................... $17,000,000
.......
Pref. cum., $3,000,000 ($50). ......
J-J
3,000,000 July2,’98,21«
United Trao. gen. m. gold, > 1897 5 g. J-J
4,750,000
J ’y 1,1997
$10,000,000 ($l,000)..o* 5 Trustee Maryland Trust Co., Baltimore.
Interest is payable in New York City.
Outstanding
Annual
Underlying Securities—(IT See also below). Not Owned.
Charges.
$32,500
Federal St. & Pleasant Valley stocky.......... $650,000
Federal & Pleasant Valley bbndsff.............. 1,250,000
63,250
Pitts. Alleg. & Man. bondslT........................ 1,500,000
75,000
125,800
Second Avenue Traction bonds.................... 2,500,000
Total (of bonds, $5,250,000).................. $5,900,000
$296,550
Seoond Avenue Traction bonds for $2,500,000 as above (assumed by
United Traction Co.) include:
Seoond Ave. Trao. Mort. 5 1894 5g. J - D 2,000,000
Deo. 1,1934
gold ($1,000)........... o* ( Trustee, Maryland Trust Co. Balto.,Md.
Interest at Brown Bros. & Co., N. Y., or A. Brown & Sons, Balto.
2d Ave. Passenger 1st M ... 1882 6 J - J
30,000
July, 1902
General mortgage........... 1889 5 J - J
120,000 July 1, 1909
2d Ave. Traction Co. M ...... 1893 5 J - J
300,000 July 1, 1933
R O X B O R O U G H C H E ST N U T H I L L & N O R
50,000 April 1, 1911
Braddock & TurtleCPklst. 1891 6 A - O
R IS T O W N R Y . - A trolley road.
STOCK.—The capital stook of the United Traction is $20,000,000, of
O r g a n iz a t io n — In February, 1898, arranged to lease the Wissa- which $17,000,000 is common and $3,000,000 is preferred.
hiokon Electric, 3*2 miles, for 999 years; rental to be 2 p. c. on the
Dividends—On preferred in Jan., 1898, 2Lj p. o.—V. 65, p. 1222.
$145,800 stock for the first two yeat s, 3 p. o. for the next six years, 4
BONDS.—The new United Traction mort. is limited to $10,000,000
p. o. for the next seven years and 5 p. c. for the rest of the bonds cannot be redeemed before maturity; Maryland Trust Co. of
term. Now operates 20 miles of track. In June, 1896, filed a Baltimore is trustee. Of these bonds, $5,250,000 are reserved tomortgage for $450,000 to the Real Estate Title Insurance & Trust Co.
retire the divisional bonds (above mentioned); $725,000 reserved
Philadelphia, securing 5 per cent gold bonds, J&D,due in 1926,of which for betterments and improvements after January, 1898, and $4 ,000,$371,000 were outstanding Jan. 1,1898. Capital stock, $198,400.
000 were sold to Brown Bros. & Co. and Alex. Brown & Sons, and
L a t e s t E a r n in g s — 10mos.,> 1898___ Gross. $94,526; net, $38,842 ! the proceeds, in addition to proceeds from the preferred stock, used
Jan. 1 to Oct. 31.
5 1897 ....Gross, 74,914; net, 29,709'
to provide the purchase money paid for the several roads. A ll the
Fixed charges 10 months, $21,740 in 1898; $18,889 in 1897.
bonds outstanding ($4,750,000) were listed on the Baltimore Stock
For year ending June 30,1897, gross, $80,514; net, $24,463; other
Exchange in February, 1898.
income, $690; interest, etc., $19,076; balance, surplus for year,
R o a d —The miles of track owned and consolidated a re :
$6,078. President, R. N. Carson.— 7. 62, p. 1042.
*
Miles.
Second Avenue Traction....... ..... ............................................. 63-78
S O U T H W E S T E R N T R A C T IO N R A I L W A Y — North Side Traction.............................................. ................; 30-35
To be a trolley road. Chartered in April, 1898. To run from Moya- Pittsburg Allegheny* ManchesterTraotion....___21-00
mensing Avenue to the county line at Bow Creek, m iking accessible
Total.................................................................................... 117-13
districts in the southern and southwestern portions of the city. Track
E a r n in g s —4 months,) 1898............ Tross, $560.364; net, $319,003
laying begun early in August, 1898.
July 1 to Oct. 31
> 1897.. ....... Gross, 496,848; net, 276,641
STOCK & B onds —
Date.
Interest. Outstand'g.
Maturity.
Charges for 4 months 1898, $207,103; balance, surplus, $111,990.
Stock ($450.000)................................................
(?)
f.
R eport —The United Traction receives the entire earnings of the
1st mortgage, $450,000, J 1898
5g. A-O
$400,000
"
North Side, Pitts. A. & M. and Second Ave. traction companies, subject
gold............................( W. End Tr. & Safe Dep. Co., Phila., trustee.
Of the 1st 5s $50,000 are retained to iruarantee the interest for 18 only to annual charges of $297,800, as shown above.
Report for year ending June 30,1898, was in V. 67, p. 1001, showing:
months. President, Edgar A. Tennis; Treasurer, U. H. Hapsenplug.
Gross receipts, $1,469,907; net, $786,991; interest, rentals, taxes»
— V. 67, p. 1056.
etc., $586,512; balance, surplus, $200,479.
STATEMENT JANUARY 1ST, 1898.
Assets.
Liabilities.
P o pulatio n 1890 w as 9,090; in 1880 w as 6,031;
Cash.........................
$569,462 Capital stook (co m.. ).. $17,000,000
and in 1870 w as 5,967.
Construction and fran
«
“ (pref (... 3,000,000
chises acquired....... 30,018,913 Bonds (see table above) 10,000,000
M IA M I V A L L E Y R A IL W A Y -A trolley road.
Materials on hand ...
21,511 Current liabilities ...
581,652
ORGANIZATION— Charteredin August, 1889. Franchises from cities o f Sundry accounts re
Div. N o .l on pref.st’ck,
Piqua and Troy and County Commissioners of Miami County.
........
26,815
ceivable
payable Jan. 3,1848
75,000
Other assets,.......... ..
26,510 Profit and loss...........
57,048
STOCKS & B onds —
Miles. Date. Interest.Outstanding. Maturity.
.......
Stock ($300.000) $100...................................... $300,000
Total...... ............ $30,638,700
Total....................$30,638,700
1st M., $200,000, gold, ( 14
1893 6 g M -N 200,000
1908)
$1,000........................c \ Interestat Chase National Bank, N. Y. City, j
OFFICERS.—President, James D. Callery; Vice-President; W. H.
Mortgage trustee is the cashier of the Chase National Bank.
Keeoh; Secretary, J, H. Callahan; Treasurer, Wm H. Marriott. Office,
ROAD—On Aug. 22,1898, owned 7*2 miles of trolley track in Piqua, Pittsburg, Pa. Financial Agents, Ale cander Brown & Sons, Balti
laid with 45-lb. gir 1er rail, 2 miles m Troy (population 8,000) and 8 more, Md— V, 65, p, 27,112, 736, 1025, 1222; V. 66, p. 469, 1 0 0 1 .
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¿•Inès controlled by United Traction Co.
( 1 ) F E D E R A L ST. & P LE A S A N T V A L L E Y RY.—See Map.—Trolley
ORGANIZATION—Incorporated March, 1868, and has since consoli
dated its various subsidiary companies. The franchise is perpetual.
The North Side Traction Co. on July 20, 1896, leased the Federal
Street & Pleasant Valley for 960 years, assuming its funded debt of
$1,250,000 and its floating debt of $175,000, and agreeing to pay as
rental all taxes, rentals, etc., and also $70,000 yearly in cash, payable
January 15 and July 15, equal to 5 per cent on the $1,400,000 stock,
of whioh it owns $750,000.—V. 63, p. 31, 76,189.
STOCK & Bo nds —
Date. Interest. Outstand’ff. Last div., &
c.
Stock (par $25) full paid................ 5 J - J
$1,400,000 J’ly,’98,2i*%
Consol, mort.. $1,250.000,51892 5 g .J -J
325,000 May 1, 1942
g., $1,000, on 28 miles..*o XInt. at Fidelity Title & Tr. Co., Pittsburg.
Underlying mortgages—
125,000 July 1,1907
Observatory H ill 1st M ....... 1887 5 J - J
Federal St. & PI. Val. 1st M ........... 6 J - J
75,000 July 1,1903
Jack’s Run mortgage.................... 5 J - J
50,000
1913
Fed. St. & PI. Val. mort......
1889 5 J - J
300,000 July 1,1919
Allegheny & Bellevue 1st M. 1890 5 J - J
100,000 Nov. 1,1920
5
75,000
.............
Allegheny St. 1st mortgage..........
Perry St. 1st mortgage........ 1890 5 J - J
100,000 Nov. 1,1920
Troy H ill 1st mortgage...... 1890 5 J - J
100,000 Nov. 1,1920
Mortgage car house...................................
15,000
.............
Dividends— Dividends are payable at Farmers’ Dep. Bank; in Janu
ary. 1895, 2 per cent; in 1896, none; in 1897, 5 p. o ; in 1898, 5 p. o.
Bonds—The consolidated mortgage of 1892 is for $1,250,000, of whioh
the balance unissued is in the hands of trustee to retire all the other
Issues ; mortgage trustee is the Fidelity Title & Trust Co., Pittsburg.
R oad —In June, 1896, operated 33 miles of track (including
sidings) on about 17 miles of street ; rails mostly 90-lb. girder ; some
66-lb. rails ; lines practically rebuilt in 1897.
O fficers
President, W. H. Keech.—V. 63, p. 31, 76,189.
(2) PITTSBUR G A L L E G H E N Y & M ANCH ESTER TRACTION.—
See Map United Traction.
RAILWAYS.
L i n e s c o n t r o l le d b y C o n s o lid a t e d T r a c t i o n ,
(1) A L L E G H E N Y
TRACTION.—
O r ganization —incorporated July 23, 1889. A pril l , 1896, this
company was leased to the Fort Pitt Traction Company for 950
years at a guaranteed dividend of 5 per cent per annum.
STOCK & B onds —
Miles. Date. Interest. Outstand’g. Lastdiv.,ete
Stock, $500,000, par $50.................. 5p. o. $500,000
See text.
Guaranteed bonds—
Millvale Etna & Sharps-> .... 1893 5g. M -N 750,000 Nov. 1,1923
burg 1st M. $750,000,g. 5Trustee, Pittsburg Trust Co., Pittsburg.
Road —I ncluding Millvale Etna & Sharpsburg, 18'a miles of road»
—V. 62, p. 184.
(2)
CE NTR A L TRACTION.—Cable and trolley.
LEASE—Leased from April 2,1896, to the Consolidated Traction fo r
950 years at 3 p. c. per annum on par value of $1,500,000 stock, seeV . 61, p. 1154—and in May, 1896, stockholders were offered privilege of
exchanging their stock for receipts, whioh were redeemed at $30 per
share on Oct. 1,1896, in Consolidated Traction Co. preferred stock at
par. Iu June, 1896,26,000 shares of Central Traction stock (out o f
30,000) had been so exchanged.—V. 62, p. 1087.
STOCK & B onds —Miles. Date. Interest. Outstanding.
Maturity.
Stock—par $50,)
5 30,000 shares>
.
see te xt....... 5
........................... *$30 paid up. 5 See text.
lstM.$375,000 5
6
1889 5 J - J
$375,000 July 1, 1929
cable line $500 * Interest at Union Trust Co., Pittsburg.
Bonds o f Central Passenger By. controlled.
1st M. $250,- >
4
1894 6 A -O
125,000 Oct. 1, 1924
000, $1,000.. 5Interest at Union Trust Co., trustee, Pittsburg.
Dividends—
-Feb. 1,1892, $2 50 in stock; in 1896, Feb., 2 p. o. in cash?
in 1898, Nov., I 1 p. c. in cash.
«
Road —8*5 miles of road, of which it controlled by ownership o f
capital stock, trolley road owned by the Central Passenger Railway
3*2 miles.
A n n u a l R e p o r t — For year ending June 30, 1896, gross, $131,954?
net, $15,111.—V. 62, p. 948,1087.
(3)
CITIZENS’ TRAOTION—-A cable and trolley road.
On Sept. 1, 1887, pur,,
ohasedthe entire oapital stook'($200,000) of the Citizens’ Passenger
Ry., whioh it now holds.
L e a s e — In 1895 leased from Nov. 1,1895, to Fort Pitt Traction Com
pany for 950 years at 6 per cent per annum on $3,000,000 oapital
stock. In addition the lessee agreed to pay a floating debt of $175,000
and at maturity a mortgage debt of $1,620,000. The Consolidated’
Traction has assumed the Fort Pitt lease of Citizens’ Traction. V. 61
p. 661.
STOCK & B onds —
Date. Interest. Outstand’g. Last div., etc.
STOCKS & BONDS—
Date. Interest.
Outstanding Last Div. etc,.
Stook, $3,000,000 ($50) f. p............... ......... $2,994,839 Aug. 1,’95,2% Stook ($50) fully paid............. 6 M.-N.
$3,000,000 f.p.
See text.
Generalmort.($1,500,000). 1890 5 A - 0 $1,400,000 Oct. 1 , 1930 1st mortgage ($1,000) < 1887 5 A .-0.
1,188,000
Oct. 1,1927
Interest at Fidelity Title & Trust Co., Pittsburg, trustee.
Not subjeot to call. * Trustee, Fidelity Title & Trust Co., Pittsburg.
.......
120,000
...................
Purchase money m o rtgs.......
Guaranteed—
Bonds of tines whose stocks are owned.
Pittsb. Un. Pas. Ry., 1st M. ....... 5 A - O
100,000 Oct. 1, 1901
Penn St. Pass. Ry. 1st M. 1892 5 J.-D.
$250,000
June 1,1922'
Dividends—In 1892, It* per cent; 1893, 5 per ent; 1894, 2 ^ ; 1895 Transv’rse Pass Ry. 1st M. 1891 6 M .-N .
49,500
1901
No. Side Pass. Ry. 1st M. 1892 6 F.-A.
12,500
1902
February, paid 21 per cent; August, 2 per cent; in 1896, Feb., none.
«
Interest and dividends payable at N. Holmes < Sons, Pittsburg, Pa.
&
The floating debt was paid by the United Traction Compay.
Dividends—In 1892, 6 p. o.; in 1893,6 p. o.; in 1894, 6 p. o.; in 1895
Road —Operates 21 miles of track in cities of Pittsburg and Alle 5 p. c. Under the lease dividends are 6 p. c.
gheny. Rails 70 lbs. per yard, being rebuilt by U. T. Co. with 90-lb.
ROAD.—Owned and operated 30*5 miles of track on 15 miles o f
girder rails.
street.
A n n u a l R e p o r t — For years ending Oct. 31 earnings have been:
A n n u a l R epo r t .—For the year ending June 30,1896, gross, $680,1895-6.
1894-5.
1895-6.
1894-5.
703; net, $323,088; other income, $1,680; interest, $99,611; taxes»
Gross............. $465,959 $450,714 Op. expenses..$381,119 $336,414
$49,259; dividends, $150,000. For the years ending October 31:
Other income.
8,015
5,827 Balance, net.. 92,855
120,127
1896.
1895.
1895.
1896.
OFFICERS— President, George B .H ill.—V. 65, p. 27, 70.
Gross earns...$685,382 $643,059 Interest paid. $99,612
Op. expenses. 357,625 336,008 Taxes, etc...... 49,259 £ $121,105*
Net earnings.. 327,757 307,051 Dividends...... 150,000 ’ 150,000
OFFICERS.—President, John G. Holmes; Vice-President, H. S. A ,
Stewart; Secretary, John G. Bright; Treasurer, Nathaniel Holmes»
C O N S O L I D A T E D T R A C T I O N —Trolley road.
—V. 60, p. 930; V. 61, p. 112, 516, 661.
O r g a n iz a t io n — Chartered July 15,1895. The company has merged
the Fort Pitt Traotion. Co. and assumed its leases of the Citizens’ and
( 4 ) DUQUESNE TRAOTION—A trolley road.
the Allegheny Traotion companies, and has acquired the control of the
L e a s e — Leased from April 2,1896, to the Consolidated Traotion fo r
Central Pittsburg and Duquesne Traotion companies. On April 2,1896, 950 years at 4 per cent on the $3,000,000 stock, but dividends for a
assumed management of these six companies, with capital of $13,500,- year and a-half to be withheld for payment of floating debt of
000 and a bonded debt of about $6,377,000. See V. 62, p. 1087.
$180,000. In May, 1896, stockholders were allowed to exchange their
O rganization —Consolidated with United Traction in June, 1897
whioh purchased all, or nearly all, the oapital stock (V. 65, p. 27).
Property turned over July 10.
Incorporated Deo. 14,1889, and July 25,1890, leased Pittsburg A lle
gheny & Manchester Passenger Railway [5 miles of road, stock $350,000, no bonds] for 999 years, and Pittsburg Union Passenger Railway
[stook paid in $82,775, bonds $100,000 as below] for 985 years—see
V. 64, p. 1001.
STOCK—
Par.
Common stook......... $50
Pf. stook, 6 p. o. cum. 50
Interest.
Outstanding.
Dividend.
.......
* $15,000,000
.........
6 M &N .
9,650,100 Nov.15,’98 3%
The preferred stook carries cumulative dividends of 6 per cent per
annum, and has the right to participate equally with the common stock
when that has received 6 per cent. First dividend on preferred was
paid May, 1897. In November, 1897, no dividend was paid. See V.
65, p. 685. In May and Nov., 1898, 3 p. o. was paid
COMPANIES C o n t r o l l e d —T h e c o m p a n ie s a c q u ire d a re s h o w n i n th e
f o llo w in g ta b le , as a ls o th e a m o u n ts o f t h e ir s to c k s a n d b o n d s .
Company.
Miles.
Duquesne Traotion....................... 33
Pittsburg Traction....................... 12^3
Central Traotion.........................
8^
Fort Pitt Traction....................... 10
Citizens’ Traction........................ 30
Allegheny Traction......................
18
Old stock.
$3,000,000
2,500,000
1,500,000
3,000,000
3,000,000
500,000
Bonds.
$1,500,000
1,007,000
500,000
938,000
1,620,000
750,000
ROAD -Controls about 120 miles of track in all.
Earnings a n d C harges —Y ear ending June 30, 1898, earnings
w e re : Gross from operation, $1,996,671; income from other sources,
$175,607; total income, $2,172,278; net, $1,211,929; int., taxes, etc.,
$921,117; dividends, $288,005; balance, surplus, $2,807. In 1896-7,
gross from operation, $1,839,086; other income, $624,161.
OFFICERS— President, O. L. Magee; Secretary, James A. McDevitt;
Treasurer, George I. Whitney. Directors—O. L. Magee, Joshua Rhodes,
T H. Given, George I. Whitney, B. F. Jones.—V. 65, p. 685.
O r g a n iz a t io n — Incorporated July 6, 1887.
stook for receipts, redeemed Oct. 1,1896, at $37 per share in 6 per cent
preferred stock of Consolidated Traction Company at par. In June,
1896, 51,000 shares out of 60,000 had been so exchanged. See V. 62 ,
p. 1087.
STOCK & Bo nd s .—
Date. Interest. Outstanding.
Maturity.
strwOr
fullv nnid 5 .......
Text.
$3,000,000
See text.
Stock ($50) fully paid ^ Div payable at j m Jl Title & Trust Co., Pitts’b
1st mortgage...........c.* 1890 5 J. - J.
1,500,000
July 1,1930
Dividends were 5 per cent, J&J, but in 1893 and 1894 none paid;
Feb., 1895, paid 2 p. o.; Aug., 2 p. o.; in 1896, Feb., none; in 1898, M a y
2, 1 p. o.; Nov. 14, 2 p. o.
R oad —On June 30,1896, controlled 11 companies, with a capital
aggregating $249,700 and having 333ia miles of road.
EARNINGS— For years ending June 30 earnings have been as follows:
1896.
1895. I
1896.
1895.
Gross............... $449,893 $392,932 I Int.,taxes, etc..$125,633 $75,221
N e t ................. 212,312 116,579 I Surp. for year.. 103,699 47,223
Other income...
17,020
5,8651 Dividends...... 60,000 60,000*
—V. 60, p. 930; V. 61, p. 133, 794,1154; V. 62, p. 948,1087.
(5)
FORT PITT TRACTION—A trolley road.
ORGANIZATION— Chartered in 1895 under perpetual franchise.
A
consolidation of the Ft. Pitt Street Passenger Ry., Highland Park Ry.»
etc., 10 miles in all. In October, 1895, leased the Citizens’ Traction
Co. for 950 years, guaranteeing 6 per cent yearly on $3,000,000 stocks
and Allegheny Traotion Co. for same period at 5 per cent on the stock.
The Ft. Pitt Traction Co. has been merged in the Consolidated
Traction, which see.
STREET
_ STOCK & B onds —
Date.
Interest. Outstand’g. Maturity.
Stock, $3,000,000, par $50............................... $3,000,000 .......... .
1st M.. $1 000 000 ($1 oofb $ 1895
5 J.-D.
938,000
1925
’ * ’ u’uuu Wi.ooo) £ lQt at pitt8burg Trust, Pittsburg, Pa.
ROAD—Controls 58 miles of track, including 48 miles leased.
—V. 61, p. 517, 661,1154.
( 6 ) PITTSBUR G TRACTIO N—A trolley road.
ORGANIZATION—In c o r p o r a te d A p r i l 14,1887.
L ease —L eased 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*2 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 shares out of
50,000 had been so exchanged. See V. 62, p. 948. Pittsburg Traction
•owns the $250,000 capital stock of Bloomfield St. Ry. and gharantees
the bonds.
STOCK & B o n d s .—
Date. Interest. Outstanding. Lastdiv.,etc.
Btook, $2,500,000 (par $50) ___
Text.
Text.
Nov. 14,1898
lstm ort. 5s................... c* 1887 5 A.-O.
$750,000
Oct. 1,1927
P.O. & E.L. b’ds. ass’d.............. 6 p. o.
7,000
Feb. 1,1901
Guaranteed bonds—
Bloomfield St. Ry.,lstcur.c*1893 5 F .-A .
250,000 Aug. 1,1923
Interest at Pittsburg Trust Co., trustee.
Loans June 30,1896.............................
389,083
................
Stock -Issued 50,000 shares, on which $38 each has been paid.
DIVIDENDS—At company’s office, Pittsburg. Dividends of 6 per cent
have been paid ; in 1895, 6 p. o.; in 1896, none—see above. In 1898,
M ay 2, 2 p. c. was paid; Nov., 3 ^ p. o.
ROAD.—Owns 12-67 miles of track. Bloomfield St. Ry. owns 3 miles.
A n n u a l R e p o r t —Fiscal year ends June 30.
1895-6.
1894-5. I
1895-6.
1894-5.
Gross.............$467,933 $441,452 Op. exp. & tax.$263,662 $262,921
Other income.
(1)
7 ,9 94 1Balance, net.. 204,271
186,525
In 1895-96 interest charges were $89,867; dividends, $75,000.
OFFICERS.—President, George W. Elkins. V. 62, p. 1037.
D U Q U E S N E IN C L IN E D F L A N E R oad —Said to operate 1,586 feet of track. President, S. Severance.
M CKEESPORT D U Q U ESN E
D IN G R a i l w a y -
&
W IL M E R -
O rganization —This company includes the Citizens’ Street Railway
•of McKeesport, the McKeesport & Wilmerding and the White Electric
Traction. The last-named company in 1893 had a bonded indebtedness
o f $35,000 6 per oents, due 1911. On June 11,1897, Fidelity Trust
Co. of Pittsburg was appointed receiver and road was sold Aug. 4 for
$175,000 to Horace G. Crosby.—V. 65, p. 328.
ROAD—In August, 1895, had in operation 18 miles of track on 12
•miles of street.—V. 64, p. 707; V. 65, p. 328; Y. 66 , p. 900.
M O N O N G A H E L A S T R E E T R A I L W A Y .—
O r g a n iz a t io n —On May 2«, 1898, absorbed by consolidation the
Schenley Park & Highland, Homestead & Highlands, Braddock &
Homestead, and the Braddock & Duquesne (the latter then build
ing). The old lines are to be rebuilt and necessary new lines con
structed to form a continuous double-track road from the boroughs of
Braddock, Duquesne and Homestead, to and through the boulevard
and park district of Pittsburg, and entering the business portion by a
trackage agreement with the Consolidated Traction Co. A ll of the
underlying bonded debt and stock of the companies merged has been
retired. V. 67, p. 74.
STOCK & B onds — Miles. Date. Interest. Outstand’g. Maturity.
•Stock, $1 ,000,000................................... ... $ 1,000,000 ....................
1st mort., $1,000,000, > 17 1898 5g. J-D
1,000,000 June 1,1928
gold............... ....... > Union Trust Co., Pittsburg, Trustee.
ROAD—To own 17 miles of double track, including branches. Also
to have trackage under agreement with Consolidated Traction Co., 5
miles; total to be operated, 22 miles; 90-lb. rails. In Nov., 1898, 9
miles were in operation and balance expected to be completed by
Deo. 1.
OFFICERS— President, A . W. Mellon; Vice Pres., W. L . Mellon; Sec.,
F. M. Ross; Treas., R. G. Wood.—V. 67, p. 74.
P IT T S B U R G & B IR M IN G H A M T R A C T IO N —
A trolley road.
O r g a n iz a t io n — Incorporated Aug. 15, 1889; Nov. 19,1889, leased
P. & B. Passenger Ry., including South Side Pass. Ry. Co. Has also
leased and operated since Deo., 1891, Pittsburg Incline Plane Co. and
Mt. Oliver Incline Plane Co.; operates also Birm. Knoxville & Allen
town Traction Co. (See suit regarding interest paid on B. K. & A.
bonds.—V. 62, p. 989.)
STOCK & BONDS.— Date.
Interest.
Outstand’g Last div., die.
Stock ($50)................................
Text.
$3,000,000 Oct. 18,1898
1st mort., gold, 5s... 11889 5 g. M. - N .
1,500.000 Nov. 1,1929
($1,000)............... c* i Trustee, Fidelity Trust,Eto.,Co. of Philadelphia.
^ e a r i y ^ f . ’?
.00! . 1 . ^ ! 1890 5 A - 0
*
147,000
1900
Ross Street mort......................................
30,000
.............
Guaranteed bonds—
Pitts. & Ormsby.......... 1891
5 A - O
10,000
1896-1901
Birm .K nox.& A.lstM . > 1891 6 g. M - S
500,000 Sept. 1, 1931
gold, interest guar.. 5 Trustee, Fidelity Ins. Tr. & S. Dep. Co., Phila.
Brownsville Ave. St.>1896 5 F - A
$300,000 Oct. 1, 1926
Ry. 1st mort........... J Int. at Dime Savings Bank, Pittsburg, Pa.
DIVIDENDS—For year 1892-93 paid 2 p. o.; in 1896, January, ^ p. c.;
in 1897,
(1)
; in 1898, Apr., 1 p. o.; Oct., 1 p. o.
ROAD—In July, 1898, operated 27-75 miles of track, laid with 90-lb.
■rails, as follow s: Mam line, 15 lines; Brownsville Ave. Ry. (all its
$300,000 stock owned), 7-33 miles; inclines, 2 miles.
A n n u a l R e f o r t — For the year ending June 30, 1898, carried
8,612,027 passengers, against 7,417,184 in 1897 and 7,549,306in 1896
1898.
1897.
1898.
1897.
G ro ss............$436,202 $393,869 Rentals, etc......$72,429 $35,416
Exp. & taxes. 222,702
229,360 Bond interest... 117,436 109,363
N e t ...............$213,500 $164,509
Bal.,sur.fory’ar.$23,635 $19,730
73
RAILWAYS.
GENERAL BALANCE SHEET JUNE 30, 1897.
y 8sets.
j
Cost of road................ $1,372,288
Cost of equipment. .
26*,600
Property & franchises.. $2,898,030
Stock of oth. compan’s 1,003,550
Horses.......................
880
Accounts receivable...
173,170
Cash..................
6,260
Total.....................$5,720,778
Liabilities.
Stock.......................... $3,000,000
Bonds and mortgages.. 1,500,000
Guaranteed bonds......
810,000
Debenture bonds........
147,000
Accounts payable.......
67,370
Interest, etc., accrued.
32,550
Loans (since paid >
.......
50,000
Profit and lose, surplus
113,857
Total......................$5,720,778
OFFICERS— President, Harry Moore; Vice-President, A . C. Wettengel;
Secretary and Treas., W. H. Rogers.—V. 67, p. 317.
Lines Leased to Pittsburg & Birm ingham Traction.
MT. O LIV E R IN C L IN E RY.—Owned, leased and operated by Pifctsb
& Birm. Traction Co. Stook, $100,000. Bonds, first mortgage 6 s, M. &
N., due Nov. 1,1901, $44,500.
PITTSBUR G IN C L IN E P L A N E -L e a s e d for 999 years to Pittsburg
dt Birmingham Traction Co., at rental equal to interest on bonds and
10 p. c. on $150,000 stook, free of tax, but dividends have been 9 p. c.
yearly, balance being carried to surplus.
STOCK & Bonds —
Date. Interest. Outstand’g.
Maturity.
Stock, par $100, full paid............
Q - F $150,000
...................
1st M., $1,000 each.........c* 1889
6 J -J
150,000
July 1, 1929
( 1890
6 J -J
100,000
June 1,1910
2nd mortgage ................< Subject to call on any June 1 after 1894.
CInt. at Fidelity Ins., etc., Co., Phila., trustee.
ROAD—Road extends from Forty Hill, Pittsburg on Bradford
Street to Washington Avenue, on top of hill.
P IT T S B U R G & C A S T L E S H A N N O N R E
ORGANIZATION— Chartered Sept. 21, 1891. Besides operating the
railroad this company transports and sells coal from its own mines.
Miles. Date. Interest. Outstand’g. Maturity.
S tock & B onds —
Stock.................. .......... ................................................ $481,400 ...
1st M., $500 and $1,000.. .... 1888 6 F - A
200,000 A ug.l, 1908
Purchase-money mort___ ... . 1891
None
21,012 1898 ¿1901
Mortgage, $50,000......... ..........................
(1)
..... ........
Curr’nt llab., J’ne 30, ’97 ................................................ 70,235
...
In 1896 bonds for $50,000 were authorized for introducing elec
tricity as motive power in place of steam.
Road —Ooerates road of 40-inch gauge from Pittsburg to Arlington ,
Pa., 6*2 miles, incl. two inclines of 1,375 and 2,112 feet respectively.
A n n u a l R e p o r t —F or the years ending December 31 earnings from
both railroad and coal business were:
Gross.
%et.
Interest.
Balance.
1896................................ $111,773
$14,647
$14,182
sur.$465
1895............................... 135,282
16,167
15,438
sur. 729
1894...............................
99,025
14,514
14,638
def.124
Passengers carried in 1896,1,084,483; in 1895, 852,050.
OFFICERS—President, James M. Bailey; Seo. and Treas., E. J. Reamer.
P IT T S B U R G & W E S T E N D
R A I L W A Y —See W est E nd T r a c t io n .
PASSEN GER
S T . C L A I R I N C L I N E P L A N E —A dable road.
O r g a n iz a t io n —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. Profit and loss deficit Jan. 1, 1895, $1,427; bills
payable $1,750. 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., defloit for year, $363.
In 1894-95, gross $13,749; net, $3,266. Pres, and Supt., W. S. Hughes.
SUBURBAN
R A P ID
T R A N S I T . —A trolley road.
R o a d — Said to operate 7 miles of track on 4*2 miles of street. Capital
stook, $300,000; par $50. First mortgage gold 6 per cent bonds, due
1913, for $500,000 are outstanding; interest payable M. < S. Presi
fe
dent, Gen. Man. and Purch. Ag., Thomas A. Noble; Sec., C. E. Suooop.
W EST
E N D T R A C T I O N —A troUey road.
O r g a n iz a t io n — a . consolidation Jan. l , 1898, of the Pitts. & W est
End Passenger Ry., Pittsburg Crafton & Mansfield, Pittsburg Neville
I. & Coraopolis and other companies.
STOCK & BONDS— Mis. Date. Int.
Outstanding.
Last Div.. etc*
Com. stk,$2,500,000 ........................
$2,500,000
Pf. stk., $2,500,000........................
2,500,000
July, ’98, 2%
OonM $1 500 000 $ ---- 1898 5 J-J
500,000
Jan. 1,1938
<jon.m.,*j.,ouu,uuu £
Trustee, Union Trust Co. of Pittsburg.
TJnderly’g l tans—
Pitts. Ne v. Is. & Cor. > Q1
6
$ 100,000
...................
1st M .............. X 91*
Pitts. Crafton &s 17 1894 5 J-J
-—
P P P
250,000
July 1,1924
Mansfield 1st M. \ Int.at Pittsburg Tr. Co., Trustee, Pittsburg. Pa.
Pitts. & W .E . 1st M. 16 1892 5 J-J
500,000
July 1,1922
BONDS—Of the 5s of 1898 $850,000 are to be used to retire under
lying bonds and $150,000 for other purposes.
Road —Owns, it is understood, about 42 >2 miles.
A n n u a l R eport —W est End Passenger (16 miles) Ry. showed: For
the year ending June 30,1897, gross, $188,245; net, $124,016; inter
est and taxes, $38,851; dividends, $75,000; balance, sur., $10,165.
DIRECTORS—President, J. C. Reilly; John Burns, J. D. Callery, Wm.
V. Callery and Thomas S. Bigelow.—V. 61, p. 612; V. 66, p. 860.
P IT T S F IE L D M ASS.
P o p u l a t io n 1890 w a s 17,281; i n 1880 w a s 13,364;
AND i n 1870 w a s 11,112.
P IT T S F IE L D
E L E C T R IC
R A IL W A Y .
O r g an izatio n , E t c . —stock Oct. l , 1898, $so,ooo; bonds, $45,ooo;
other debts, none. Bonds are gold 5s (J-J), $30,000, maturing Jan!
1, 1904, and $15,000 July 1 , 1906; interest at Third National
Bank, Pittsfield, Mass. Owns 10'097 miles of track. In 1898, stock
was increased 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; charges, $3,740; depreciation and dividends, 6 per o ent
$7,159; balance, surplus, $12,239.
3aMBM
74
S TR E E T
R A IL W A Y S .
p l a in f ie l d ; n . j.
P o pulatio n 1890 w as 11,267; in 1880 w as 8,125;
AND in 1870 w as 5,095.
P L A IN F IE L D
STREET
R Y - A trolley road.
O r g an izatio n —Thiscompan.v operated 9 miles of track. Jan. 1,1893,
it had capital stock issued, $100,000; do. paid in, $85,208 ; funded
debt, $100,000; total cost of road and equipment, $185,208. In
October, 1898, withdrew application for new franchise extending to
city line to>connect with proposed line of Elizabeth Street Ry., but It
was believed this was done to secure better terms. In year 1897
income from passengers was $50,491; other income, $113; net
earnings, $10,340.
OFFICERS—President, T. N. Nevins; Vice-President, T. J. Fritts; Sec
retary and Treasurer, Adrian Rtker.
P L A T T S B U R G , N. Y .
P o pulatio n 1890
w as 9,500; in 1880 w as 8,283;
AND IN 1870 WAS 8,414.
P L A T T S B U R G T R A C T I O N C O .—A trolley road.
O r g a n iza t io n , E t c .— Chartered in 1896. Capital stock, $100,000
(par $100). First mortgage 6 p. c. gold bonds of 1896, due 1926; int..
J-J., at Continental Trust Co., Trustee; authorized $100,000, issued
$80,000 to June 30, 1897. For year ending June 30, 1897, gross,
$18,439; net, $6,846.
Road—Owns 6*3 miles of track; rail, 50 lbs. Prest., EL M. Pierson.
P L Y M O U T H , M ASS.
P o pulatio n 1890
w as 7,314; in Ì880 was 7,093;
and in 1870 w as 6,238.
& K IN G S T O N S T R E E T R e
1894 stock was mostly held in trust for the New
England Street Railway Co., which see under New Haven, Conn.
STOCK & BbNDS—
Date. Interest. Outstand'q. Last div.,etc.
Stock $100,000 ($100)............ See below. $100,000 f. p. 1897-8,6%
latTYmrftfacrA
51890
5 J —J
35,000
Jan. 1, 1910
ist mortgage............... } int. ls payable at i ntem at’l Tr. Co., Boston.
Real estate mortgages..........
5*3 p. o.
7,000
On demand.
Unf’d debt Sept. 30,’97..............................
24,000
.................
Dividends of 7 per cent per annum were paid in year 1892-93; in
1893-94, 6 p. e.; in 1894-95, 9 p. e.; in 1895-96, 6 p. c.; in 1896-97, 6
p. o.; in 1897-98, 6 p. o.
ROAD— Operates 8-75 miles o f trolley track, extending from Plym
outh to Kingston; sidings, eto., ‘43.
EARNINGS— For years euding Sept. 30 earnings have been:
1898.
1897.
1898.
1897.
Gross earnings..$34,107 $33,840 Dividends paid... $6,000 $6,000
Balance for year.
928
402
Other ’ ncoine.: } 13><>00 11,668 Total sur.Sept.30 3,521
i
2,593
Int., taxes, etc... 5,172
5,266
OFFICERS—President, A. L. Gordon; Treasurer, Henry W. Barnes
Plymouth, Mass.; Supt., Bepj. F. Sherburnë; Clerk of Corporation, C
E. Barnes, Plymouth.
PORTLAND
&
CAPE
E L IZ A B E T H
R Y .-
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 ter
minals at Simonton Cove and Rigby Park. Company owns large
pleasure resort property at Simonton Cove and Cape Cottage Park.
STOCK & BONDS—
Date. Interest. Outstanding. Maturity.
Stock (par $100)......................................
$450,000 1896-7, lL % .
1st M. $400,000 g. ($1,000) 1895 5 g. M -N
390.000 Nov. 1, 1 9 1 5
Interest at American Loan & Trust Co., Boston, trustee.
Ro a d —11‘18 miles of trolley road with 15‘18 miles of track. l a
1898 built about a mile of track to Cape Cottage Park, a pleasure
resort.
EARNINGS— Year ending June 30,1897, gross, $58,364; net, $23,548;
net, $23,548; interest and taxes, $15,629; dividends (1*3 p. c.), $6,750;
balance, surplus, for year, $1,169. Total surplus July 1,1897, $5,705_
O fficers —P resident, J. S. Winslow; Vice-President, Thomas 8,
Krutz. Mills Building, N. Y.; Treasurer and Gen. Man., H. R. MacLeod,
Portland.
PORTLAND & YARM OUTH
R A I L W A Y —A trolley road.
E L E C T R IC
O rganization —Incorporated in 1897 to construct a railroad from
Portland, Me., to Yarmouth, via Deerlng, Falmouth and Cumberland
Road, 13 miles, operated since August, 1898.
L STOCK & Bonds —
Date. Interest. Outstand'g.
Maturity.
Stock (par $ 100) . . . ...................................... $110,500 .................
1st mort., $215.000, gold, J 1897 5 g. J-J $215,000 July 1, 191T
not subject to call....... c* \ Int. at Mass. Loan & Trust Co., trustee.
OFFICERS—President, T. Quinoy Browne, Boston; Secretary and:
Treasurer, W. G. Wheildon, Boston. Office, 53 State St., Boston, Mass.
PLYM OUTH
o r g a n iz a t io n — I d
PORT
HURON,
MICH.
P o pulatio n 1890
w as 13,543; in 1880 w as 8,883;
and in 1870 w as 5,973.
C I T Y E L E C T R I C R A I L W A Y . - A trolley road.
ORGANIZATION—Chartered in 1892 and franchise runs till May 30,
1922. Population in 1894 by State census, 18,140.
STOCK & B onds — Miles. Date. 'Interest.
Outstand'g. Maturity.
Stock $100,000 ($100)................. ..............
$100,000 ...
ls tm o rt $200 0 0 0 ^ 1012 1893 6 ?‘ M " 8
120,000 Mar. 1, ¿913
t K lO M
Subject to call at 105 after Mar. 1 ,1903
g u, ip
...... f Int. at Hanover National Bank, N. Y. City.
Bonds-^The mortgage trustee is the Union Trust Company of Detroit.
In January, 1898, $80,000 of the bonds were still reserved for additions
and extensions at not exceeding 60 per oent of actual cost.
R oad —Operates 10*3 miles of track on 9*3 miles of road.
A n n u a l R e p o r t —F or fiscal year ending December 31 earnings were:
1897.
1896.
1897.
1896
Gross earnings..$52,565 $52,489 Taxes.................... $866
$616
Net earnings
15,028
14,498 Insurance............. 1,597
2,011
OFFICERS— President, W. Canham; Secretary, F. J. D ixo n ; Treasurer
W. L. Jenks; Superintendent, H. A. Dixon.
PORTLAND,
ME.
P O R T L A N D , ORE.
P o pulatio n 1890
w as 46.385; in 1880 w as 17,577.
C I T Y & S U B U R B A N R Y - —Tolley and steam road.
O r g a n iz a t io n —Incorporated in 1891 as successor to the W illa
mette Bridge Railway and Trans-continental Street Railway companlee»
STOCK & BONDS—
Date. Interest. Outstandg. Maturity.
St’k, auth. $1,000,000 ($100).......................... $753,300
Willamette Bridge Ry., 1st( 1889 6 M - S
100,000 Sept.'i", 191»
mortgage, $100 each.........( Interest at Am. Loan & Trust, Boston.
Wav. & Wood. El. Ry., Is tM .,) , QQ,
...
.
gold, subject to oali at 104. J 1891 6g. A - O 110,000 Apr. 1, 1921
City & Sub. consol. M., not 5 1891 6g. M -S
740,000 Sept. 1,1916
subj. to call, $100 each, g.. ( Int’st at Seo. Sav’g & Tr. Co., Portland.
Bonds.—City & Suburban consolidated mortgage is for $1,000,000, oi
whioh $210,000 is reserved for the prior liens and (February, 1897,)
$50,000 for other purposes. «Mortgage trustee is the Security Savings
6 Trust Co., Portland.
R o a d .—Operates 50 miles of traok, including thirteen differ
ent lines, of which eleven start from the corner of Third and
Yamhill streets. Runs to Mt. Tabor and St. Johns.
About 8
miles are operated by steam and 42 miles by trolley. Rails 30 and 40
b. T and girder; 37 electric cars and 2 passenger coaches hauled
by steam motors. Operates also, under lease, the Metropolitan Ry.,
7 miles.
OFFICERS.— President, Henry Failing; Vice-President, T. W oodward
Sec. and Treas., C. F. Swigert; General Manager, H. C. Campbell.
I n d ex —v . 62, p. 86
C IT Y & W E S T P O R T L A N D P A R K M O TO R —
A steam and trolley road.
O r g a n iz a t io n — Chartered April 4, 1889. Franchise is perpetual
except that for trolley, which runs till 1912.
STOCK & B onds —
Date. Interest. Outstanding. Maturity,
Stock, $100,000..........................................
$100,000
........ .
1st M., $100,000, gold, $100 ( 1891
6 J-J
100,000 July 1,1911
and $1,000...................... (
Not subject to call.
Interest at Illinois Trust & Savings Bank, trustee, Chicago, 1 1
1.
Road -Owns 7 miles of track in Portland, extending to suburbs o f
West Portland Park. Trolley, 1 m.; steam, 6 m. Rails 35 and 50-lb. J OFFICERS—President, E. T. Johnson; Vice-President,Treasurer, GenManager and Purchasing Agent, T. A. Wood; Secretary,W. HoseaWood.
C O N S O L ID A T E D
P oktland R a il w a y .
STREET
R A I L W A Y —Sbl
P o pulatio n 1890 w as 36,425;
in 1880 w as 33,810;
and in 1870 w as 31,413.
P O R T L A N D R A I L R O A D .March 19 1863, under laws of Maine. At
a meeting Jan. 21, 1895, the stockholders voted to equip the entire
road with trolley and to issue part of the authorized issue of first mort
gage bonds to meet this expense.
STOCK & Bonds —
Miles. Date. Interest. Outst’ng. Maturity.
6 F.-A. $493,966 F e b .,’98,3%
8t’ckauth.$500,000,$100 ---1st mortgage, $500,000 g 16*3 1893 4*3 g. M -N 500,000 May 1,1913
Loans and bills payable June 30, 1897, $63,478.
The bonds cover all the property, equipment and franchises.
Dividends—In year 1892-93, 4 per cent; in 1894, Aug.., 3 p. e.; in
1895, 6 p. o.; in 1896, 6 p. c.; in 1897, 6 p. c.; in 1898, Feb., 3 p. c.
R o a d — Owns 22-17 miles road and 28‘92 miles of track i n Portland,
Deering and Westbrook. In Aug., 1898, extended about 3 miles.
ANNUAL R e p o r t — For the years ending June 30 as belqw :
1897.
1896.
1897.
1896.
Gross earns.. .$276,857 $247,566 T a x e s ................ $5,579 $4,489
Net earnings. 88,182
62,620 Dividends..............20,883 18,000
Other income..............
3,859 Surplus for year...34,949 23,133
Interest........
26,771
20,856 Total surplus........ 21,006 15,043
OFFICERS— President, Wm. R. W ood; Secretary, Treasurer and Pur
chasing Agent, E. A. Newman. Office, Portland, Me.
O
r g a n iz a t io n —^ hartered
C
E A S T S I D E R A I L W A Y —A trolley and steam road.
ORGANIZATION— Chartered in July, 1892. The company went into
receiver’s hands Deo. 8, 1893, before the first coupon on its bonds
matured. In November, 1898, foreclosure suit was pending and
reorganization plans were being matured.
S tock & B onds — Miles. Date. Interest. Outstand'q. Maturity.
Stock, $250,000.........................................
$250,000' .
.
1st mortgage..............( . . . . 1893 6 g. M-S 300,000 Mar. i , i923
$300,090 gold.......... ( Trustee Seou. Sav. & Tr. Co., Portland, O.
R oad —Operates 23 miles of road on the east side of the river, includ
ing the line to Oregon City (falls of Willamette River), 15 miles, whioh
was completed March 1,1893, and to Gladstone and Gladstone Park
The total cost of the system is said to have been $525,000.
Eq u ip m e n t —Electric motor cars, 19; trailers, 4 ; steam motors, 3.
OFFICERS—Receiver, C. H. Prescott, appointed in July, 1898, ir
place of Joseph Simon. President and General Manager, George A.
Steel; Treasurer, James Steel; Secretary, J. B. Cleland.
P O R T L A N D R A I L W A Y —An eleetrie road.
O r g a n iz a t io n —A reorganization in 1896 o f the Consolidated Street
Ry., sold in foreclosure Jan. 8,1896. The Metropolitan Ry. was not
included in the reorganization—see V. 62, p. 86
STREET
STOCK & B o n d s .—
B a te. Interest, Ou tsta nd ing. L a s t Oiv., etc.
Stock, com., $700,000..........................
$700,000
................
Pref., 5 p.c.,$100,000.........
5 J-J
100,000
................
Mult’mah St. Ry. IstM.g. 1890 6g. J-D
148,000
June 1,1910
Port. < Vancouver R y.. 1889 6 .......
fe
100,000
................
Port.Ry.lstcon.M.,g.o* ) 1896 5g. J-J
552,000
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. o. 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 Met
ropolitan Ry. 1st mortgage 6s, of which $145,000 are outstanding but
were not included in the reorganization.
R o a d — Owns 25 miles of track.
E arninqs —Fiscal year ends December 31. Earnings include Metro’
politan 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. P axton; Vice-President, J. V. Beach;
S ® cretary and Treasurer, J. F. Batohelder.
P O R T L A N D T R A C T IO N — trolley and cable road.
A
O r g a n iz a t io n —Successor in 1894 of Portland Cable Co. O w n s? 1
«
miles of track, of which 5 miles operated with trolley and 2*3 miles
with cable. Stock, $400,000; President, S. P. Smith, San Francisco.
75
RAILWAYS,
maiuing $15,000 when equipped with trolley. No bonds can be issued
in excess of $500.000 “ until the stockholders of this company shall
consent to such excess in the manner provided by the laws of the State
of New Yorx.” Sinking fund, beginning Jan. 1,1897. equal to 1 per
cent of the “ bonds issued hereunder”; bonds purchased at not exceed
ing 1 1 0 .
R o a d — Owns 15*10 miles of ro a d ; second track, 1*14 m.; sidings, *59
m.; total, 16*79 miles of track.
LATEST E a r n in g s — 12 mos.,) 1897..... Gross, $86,406; net, $33,686
Jan. 1 to Deo. 31.
5 1896___ Gross, 86,134; net, 36,597
EARNINGS—Year ending June 30,1897, gross, $85,300; net, $33,667»
interest, $18,100; dividends, $15,000; balance, surplus, for year, $567.
In 1895-96, gross, $91,813 ; net, $33,457; other income, $479;
interest, taxes, etc., $39,297; bal., deficit for year, $5,361. Total profit
and loss, surplus, June 30,1897, $6,923.
OFFICERS—President, J. W. Hinkley, 489-493 Main St., Poughkeepsie,
N. Y.; Secretary and Treasurer, Silas Hinckley, Poughkeepsie.
P R O V I D E N C E , R. I.
P opulation 1890 w as 132,043; in 1880
AND IN 1870 w as 68,904.
w as 104,856
P R O V ID E N C E - P A W T U C K E T - P A W T U X E T
V A L L E Y , R . I.—U N IT E D TRACTION & ELECTRIC.
O r g a n iz a t io n —
Controls by ownership of stock and bords the entire
street railway system of the city of Providence and of the towns of
North Providence, East Providence, Cranston and Johnston, and all
the street railways of the cities of Pawtucket, Central Falls (except
the Inter-State Consolidated) and towns of Lincoln and Cumberland,
serving, it is said, a population of about 250,000. In addition to the
P o pulatio n 1890 w as 13.268; in 1880 w as 11,390.
above the United Traction < Eleotrio Co. controls by ownership of
&
PO RTSM O UTH STR EET R A1L W A Y — Trolley.
stock and bonds the street railway system in the Pawtuxet Valley lo
—V. 62, p. 86.
cated in the towns of Warwick, Coventry, Cranston and Soituate, servORGANIZATION—Chartered in 1887. Municipal franchises expire in
ng at present a population of nearly 20,000, and also an eleotrio4ight
Deo., 1918.
plant serving to a considerable extent the same population. The securi
STOCK & B o n d s —
Bate. Interest. Outstand’g. Maturity.
ties by which this ownership is held are deposited to seoure the bonds
$50,000
Stock authorized $200,000..........................
iitmnTfmnn iwoo non
5 .......
5g. J— 500,000
J
Jan., 1926 below described. The United Traction & Electric Co. was chartered
1st mortgage $500,ooo........ | Mercantile Trust Co., N. Y ., trustee.
n New Jersey to build and equip railroads, sell bonds, mortgages, etc.
2d M. for $100.000........ .
1897
.......
(1)
..............
STOCK & B onds —
Bate. Interest. Outstanding. Div.,Mat.,Ete.
In August, 1897, a second mortgage for $100,000 was reported to Stock......................................
Q-J
$8,000,000 Oct. 1,’98,%%
have been made to the United Security Life Ins. & Tr. Co. of Pennsyl
U p1 o v T& ‘p a w °is ^ u e i 1893 5 g - M -~ S.
r
8,247,000 Mar. 1,1933
vania, as trustee.
lst^colL) M.a
$l',000, g 3 Intere8t payable at Central Tr., N. Y., Trustee.
LATEST EARNINGS—From Jan. 1 to August 31, 1895 (8 months),'
Dividends—la July, 1897, the first dividend was paid, being
p. ©.;
gross, $23,508, against $19,330 in 1894.
R o ad —Owns 7 miles of track on 4»7 miles of road. Rails 30 to 57 lb. Oct., *3 p. c.; iif 1898, Jan., % p. 0.; April, % p. 0.; July, % p. c.; Oct. % p.o.
Bonds—Totalissue limited to $8,000,000,with provisions forinoreasing
President and Gen. Man., H. G. Williams.—V. 62, p. 86, 234.
the issue by not over $1,000,000 for actual cost of new track (including
equipment) within 18 miles of the City H all of Providence, R. I., and
additional to 104 miles oftraok.but ata rate not exceeding $12,000 per
mile of such new track. Under this provision $247,000 of bonds were
P o pulatio n 1890 w as 14,117; in 1880 w as 13,253;
issued in 1895 against new mileage. The bonds are secured by mort
and in 1870 w as 12,384.
S C H U Y L K IL L E L E C T R IC R Y.— trolley road -' gage on all the mortgage bonds and all the stock of the Union Ry. Co.
A
ORGANIZATION— Chartered Oct. 5, 1889. Leased for 99 years the of Providence and all the stock of the Pawtucket Street Ry. Co.
The Providence Cable Tramway Co. is leased to the Union Railway
Pottsville & Reading Ry. (9 miles track), guaranteeing the interest on
the $100,000 of bonds of that road. Estimated will give service to a Co. for 50 years for 6 per oent on its capital stock, all but two shares
of which is owned by the Union Railway Co.
population of 50,000.
Ro a d .—In August, 1898. there were completed and in operation
STOCK & B onds — Miles. Bate. Interest. Outstand’g. Maturity.
Stock, $501 full paid............. .......................
$650,000
.............. 136*6 miles, which include 7*3 miles of Pawtuxet Val. El. St. Ry.
1st M., $500,000gold. $ .......
1895 6 g.M -N
500,000 Feb. 1,1925
S ecurities P l e d g e d .— The securities pledged include all of
$50o and $l,000.o* ( Int. at Real Estate Trust Co., Phila., trustee.
the $8,700,000 capital stock of the Union HR. of Providence, all of
Sinking fund 1st mort. is $5,000 per annum, beginning Feb. 1,1900.
the $500,000 capital stock of the Pawtucket Street Ry. (no bonds) and
Road -W hen completed the lines of the company will connect Potts
all of the $3,000,000 first mortgage bonds of the Union RR. of P rovl
ville with Minersville, Schuylkill Haven, Cressona, Forestville, Yorkdence. The Union RR. owns $299,800 of the $300,000 capital stock of
ville, Hecksclierville, Port Carbon, Mt. Carbon, Palo Alto and Tumbling
the Providence Cable Tramway Co. (no bonds)
Run, and will include about 34 miles of road. On June 30,1897,
T r e a s u r y S e c u r it ie s — The United Traction & Electric Co. has m its
owned 9*79 miles of track, including sidings, and leased 9-53 miles;
treasury $361,800 of the $400,000 capital stock and $150,800 of the
total operated, 19-32 miles.
$198,000 first mortgage bonds of the Pawtuxet Valley Eleotrio Ry.
EARNINGS—Year ending June 30,1897, gross, $93,993: net, $22,715;
A ll the above-described roads of the United Traction & Electric Co.,
int., taxes and rentals, $49,444; bal., deficit, $26,729. In 1895-6»
including the Providence Cable Tramway, are now operated by elec
gross, $94,638; net, $21,621.
tricity, and since completion of the electrical equipment in April, 1894,
OFFICERS— President, Riohard H. Koch; Vice-President, F. H. Treat; the large increase in the earnings anticipated ha been fully realized.
Sec. and Treas., Jesse Newlin Office, 635 Drexel Building, Philadelphia.
Y early E a r n in g s — Fiscal year ends June 30. Earnings have been:
Years end. June 30— Gross.
Net.
Charges.
Bal., sur
( 1 ) PO TTSVILLE & R E A D IN G R A IL W A Y .—A trolley road.
1897-98..................... $1,742,294
$760,598
..................
. O r ganization —I n 1894 leased for 99 years to the Schuylkill Electric 1896-97..................... 1,702,342
660,395
$412,350 $248,045
1895-96..................... 1,720,784
659,425
412,350
247,075
Ry. Co. for interest on bonds. Its securities, etc., are as follow s:
Net is the result after deducting taxes, repairs, damages, eto.
Stock, $50............... $100,000f.p. I Main line......................... 8 miles.
1st M., 6 p. c., gold.o*
100,000 Sidings............................ 1 “
OFFICERS—President, Nelson W. Aldrich; Vioe-Pres., JohnE. Searles»
Dated 1895, F-A , Due 1925.
Total track................;.9
“
Trustee,Real Estate Tr. Co., Phila. |R ails....................... 78 and 60 lb. Treasurer, F. P. Olcott of Central Trust Co., New York.—V. 65, p. 464.
PORTSM OUTH, V A .
P O T T S V IL L E ,
(& )
PA.
T A M A Q U A & PO T T SVILLE ELEC TRIC RY.—A troUey road.
RGANIZATION — L e a s e d
t o i Stock ($50).............. $300,000f.p.
uylkill Electric for 30 years I 1st mort., 6 p. c___ 0*
250,000
from Jan. 5, 1896. Total track, j
Dated 1895, J-J, due 1925.
3T3 miles.
1
Mortgage Trustee, Columbia Ave. Savings Fund, Philadelphia.
S
P O U G H K E E P S IE , N. Y .
P o pulatio n
in 1890 w as 22,206; in 1880 w as 20,207;
and in 1870 w as 20,080.
P O U G H K E E P S IE CITY & W A P P IN G E R S
F A L L S E L E C T R IC R A IL W A Y -A trolley road.
STOCK & B o n d s —
M ile s.
B a te.
Interest. Outstand’a.
M a tu rity .
St’k,$750,000,par$100 ................................. $750,000 f.p.................
1st M. gold $1,000 s. f. 5
20 1894 5 g. J-J
196,000 July 1,1924
no option........... c*. \ Trustee, Cent. Trust Co., N. Y. Int.inN.Y.City.
Mtge on real estate..........................................
12,000
..........
Loans June 30,1896.................................... .
150,000
....... ...
Bonds—The bonds are limited to $25,000 per mile of completed
trolley road, $10,000 of this being issuable when track is laid and re-
P U E B L O , COL.
P o pu latio n
in 1890 w as 24,558; in 1880 w as 3,217;
and in 1870 w as 666.
P U E B L O E L E C T R IC STR EET R A I L W A Y A trolley road.
O r ganization —Chartered in September, 1895. Owns entire stock,
$250,000, of the Pueblo Light & Power Co., a consolidation in 1898
of three electric light plants, whose property is pledged as additional
security for its bonds. V. 67, p. 530, 902.
STOCK AND BONDS—
Bate.
Interest. O utstand’g.
M a tu rity .
Stock $500,000 (par $100).. . ..................... $500,000 ..........
First mortgage, $750,000,) 1895 5 g. J-D
550,OO0 Dec. 2, 1925
gold ($1,000 each)........... ( Int. at Am. l . & Tr. Co., Boston, trustee.
Bonds are subject to call after Dec. 2,1900, on four weeks’ notice.
R o a d — Owns 21 miles of track, all in city of Pueblo. Rails 35-lb. T .
President, M. D. Thatcher; Vice-Pres. and Treas., Andrew McClel
land; Secretary, John O. A lbert; General Manager, John F. VaiL—V.
67, p 530,902.
STREET
76
RAILWAYS.
Road - Owned and leased 31 miles of track. V. 64, p. 1 77.
Q U I N C Y , IL L .
P o pu latio n 1890
w as 31,494; in 1880 w as 27,268
AND IN 1870 WAS 24,052.
Q X J IN C Y H O R S E R Y - &
C A R R Y IN C
C O -
In Aug., 1898, purchased by a syndicate of Portland, Me., capital
ists owning the street-oar lines at Joliet, ill—V. 67, p. 372.
STOCK & B onds — Date.
Interest.
Outstanding.
Maturity
$600,000
.......
Stock, par $100....................................
1st mortgage, $500 5 1890
5 A -O
140,000 Oct. 1,1910
each..................... \ Trust’s,E. J. Parker, J. F. Carrott, Quincy, 1 1
1.
1st consol. M. $550,-S 1898
5g. A -O
$310,000
Oct. 1,1918
000, gold......... . c*. X
Int. at Portland Trust Co., Portland, Me., Trus.
Interest on first mortgage payable at Quincy (111.) Trust Co.
O ft h e fs o f 1898, $140,000 w ill be used to retire the 1st 5s and
$100,000 retained by trustee for future extensions and improvements.
ROAD—In Oct., 1898, operated 15 miles of track.—V. 67, p. 372, 737.
FFICERS—President, W. F. Milliken, Portland, Me.; Vice-Pres.,
Geo. F. Duncan, Portland, Me.; Sec., W. B. McKinley, Quincy, 1 1
1.
Treas., Henry B. Cox; Supt., C. C. Rush.
Q U IN C Y , M ASS.
P o pulatio n 1890 w as 16,723; in 1880
AND IN 1870 WAS 7,442.
Q U IN C Y
w as 10,570;
& B O S T O N S T R E E T R Y - Trolley.
S t o c k — Capital stock, $420,000; par $100; loans and bills payable
Oct. 1,1898, $500,000; accounts payable (net), $125,364.
Road —Owns 30*34 miles 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.
E a r ning s — For years ending Sept. 30 earnings have been:
Bal., sur.
Net.
Int.,taxes,die. Divide.
Year—
Gross.
$4,441
$48,113
$11,819
$31,853
1897-98........$135,728
4,627
39,282
6,207
28,448
1896-97....... 118,395
Total surplus Oct. 1,1898, $50,000.
R A C I N E , W 1S.
P o pulatio n 1890 w as 21,014-, in 1880
AND IN 1870 WAS 9,880.
w as 16,031 ;
B E L L E C I T Y E L E C T R I C C O . —A trolley road.
O rganization —Successor to the Belle City Street Ry., which was
sold to bondholders on July 20,1897, for $150,000. In Nov., 1898, an
option on the stock and bonds was expected soon to be taken up.
Capital stock is $100,000 common and $100,000 preferred and
first mortgage is for $250,000 of 5 per cent bonds of 1897, due July 1,
1917 ($250 and $500 each); interest J&J at Chase National Bank,
N. Y., or trustee in Chicago; trustee, Illinois Trust & Savgs. Bk., Chi
cago. Owns 12 miles of road with 15 miles of track. ’Officers : Pres
ident, Joseph Miller ; Vice-President, H. M. W allis ; Secretary, Jackson I. Case; Treasurer, Frank J. Miller.—V. 65, p. 68, 111, 150,1113.
R E A D IN G ,
PA.
P o pulatio n 1890 w as 58,661 i n 1880
AND IN 1870 WAS 33,930.
w as 43,278;
U N IT E D T R A C T IO N ORGANIZATION— Incorporated in December, 1895, to control the
TtAa.«ting Traction (leased) and Reading & Womelsdorf Electric (stock
owned) roads. Also owns the stock of the Metropolitan Electric Co.
S t o c k AND BONDS—
Date.
Int.
Outstand'g. Maturity.
$403,700 full pd........... .
Stock , $400,000 (par, $50).........................
IstM ., coll, trust, gold, $150,-) 1896 5 gJ -J 149,900
Jan.1,1926
000 (par $100 & $1,000)___ S Trustee, R. E. Title, Ins. & Trust, Phila»
Interest at Co.’s office. Bonds subject to call at par after three years
ROAD— Operates 48 miles of track (Reading Traction, 31 miles;
Reading & Womelsdorf Eleo., 14 miles) in and between Reading,
Womelsdorf, Black Bear and Stony Creek.
EARNINGS— From Jan. 1 to Oct. 31, 9 months, gross, *173,107 in
1898; $167,018 in 1897. Jan. 1 to Deo. 31 (12 mos.), gross, $194,017 in
1897; $189,493 in 1896; $188,396 in 1895.
OFFICERS—President, John A. Rigg; Vice-President, R. N. Carson;
Secretary and Treasurer, M. C. Aulenbaoh.—V. 61, p. 1014,1118.
C o n t r o lle d b y U n it e d T r a c t io n Co.
( 1 ) R E A D IN G TRACTION—A trolley road.
ORGANIZATION— Chartered in 1893 to operate the Reading City Pasenger Railway and East Reading Passenger Railway, which it
•quipped with electricity and leased for 99 years, the former from
A pril 1,1893, and the latter from May 1,1893. Road leased in Decem
ber, 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.
STOCK & B onds — Bar. Date. Interest. Outstand’g. Lastdiv.,etc.
Stock..$1,000,000 au.................................... $1,000,000 .....................
IstM ., $600,000,gold, 5...... 1893 6g. J - J
445,000
1933
Not subject to call. .0. f Trustee is Provident Life & Trust Co., Phila.
Current liabilities July 1,1896, $199,860.
Interest is payable in Philadelphia at Bank of North America and at
banking house of Frederick Narr, 129 South 4th Street, and in Reading.
Bonds—Of the Reading Traction first mortgage bonds for $600,000;
$112,000 are reserved to retire Reading City Passenger bonds when due,
leased lines secur ’ s. Par. Date; Interest. Outstand’g. Last div., etc.
Reading City Pass. Ry
J - J $350,000
July, 1898
$50
Stock (see below)...... $50 .......
5 A -O
112,0 0 0
Apr., 1009
1st M ........................ ......1889
East Reading Elect. Ry.
J -J
100,000
50
July, 1M)8
Stook, full paid.........
50 .......
5 p. c.
21,500
Bonds, $25,000........ .... 1897
Read. & Temple Elec. Ry.
43,200 C
7 A -O
Stock, $75,000, guar.
5 A -O
43,500
....
1st mtg., $75,000.............. 1894
1924
Dividends on Leased Line Stocks—The Reading City Passenger stock
to reoeive dividends, 1896 to 1900 inclusive, 10 per cent; 1901 and
hereafter, 12 per cent. East Reading stock receives dividends: 1896,
$6,500; 1897 to 1900 inclusive, $7,000; thereafter, $8,000.
EARNINGS— For year ending Deo. 31,1897, gross receipts, $419,927;
net $169,202; fixed charges, $161,800; bal., surplus for year, $7,402
( 2 ) R E A D IN G & WOMELSDORF E LEC TR IC R A IL W A Y .
ORGANIZATION, Et c .—Owns 14 miles of track. Controlled through
ownership of stook by the United Traction Co., which operates the road.
STOCK & Bonds —
Date. Interest. Outstand’g. Maturity.
Stook............................................................
$500,000 ...... . . ; ...... .
1st mortgage, $400,000,5 1895 5 g. J-J
313,000 Jan. 1,1925
gold, c* ($100, etc.).........) Trustee, Real Est. Title Ins. & Tr., Phila.
Interest at Reading Trust Co. of Reading, Pa.
R IC H M O N D , V A .
P o p u l a t io n 1890 w a s 81,338; i n 1880 w a s 63,600
a n d i n 1870 w a s 51,038.
R IC H M O N D R A I L W A Y & E L E C T R I C C O -( See M a p on preceding p a g e.) Operates an eleotrio railroad and'
electric-lighting plant.
ORGANIZATION—Organized in 1890 by consolidation of three street
railway and three electric-lighting companies. The company oeoupie»
principal streets of Richmond and Manchester, thus furnishing street
railway facilities to over 100,000 people. The company supplies tha
entire electric lighting for the two cities, having exclusive contracts
with both municipalities.
The Richmond & Manchester Railway is operated under lease for 99
years from 1893,5 p. 0. interest being guaranteed on its $400,000 bonds.
STOCK & B o n d s . —
Date.
Interest. Outstanding.
Maturity.
Capital stock ($100).................................. $2,000,000 f.p...................
1st morfcg., $2,000,000) 1890
5 g. J.-J.
2,000,000
July, 1920
$1,000, gold.............5 Int. at Trustee, Atlantic Trust Co.,N. Y. City.
Rich. &Manch. ($1,000) 1893
5 J.-J.
400,000 July 1, 1933
each)gua., p.&i.,end. s Int. at Trustee, Atlantic Trust Co., N. Y. City.
The Rioh. Ry. & Elec, mortgage, it is stated, oovers in addition to the
electric-lighting plant about 44 miles of track, the remaining 36 miles
of the system being controlled in the company's interest.
Earnings —For year ending Dec. 31,1897:
Gross.
Net.
Richmond Railway & Electric Co. . . . ............. $413,309
$162,969
Richmond Ry. & Eleotrio Co. and allied lines.. 475,851
166,811
LATEST E arnings — For 9 months earnings Sept. 30:
/
---------Gross.---------, •
----------- Net.------ —,
1898.
1897.
1898.
1897.
Richmond Ry. & Eleo. C o ...$309,511 $306,871 $134,912 $120,629
R.Ry.&E.Co.and allied lines. 356,928
354,169
145,299
121,117
EQUIPMENT—The equipment includes 112 cars.
OFFICE RS—President, Dr. ,Tohn P. Munn; Vice-President and Treasurer
G. E. Fisher; Secretary, F. J. Craigie, Richmond, Va.; Asst. Secretary,
Donald B. Toucey,New York City. New York office, 37 and 39 W all St.
- V . 66 , p. 1238. .
R I C H M O N D T R A C T I O N C O . ~ (S e e M a p on page
77.)—An electric road.
O r g a n iz a tio n -- Incorporated Aug., 1895. First division of roadopened
for business June20,’96. Operation of entire system commenced Apr. 10,
1897. This company operates a douole-track eleotrio line the fu ll
length of Broad Street, one of the principal thoroughfares of the city of
Richmond; also several branches radiating into different thickly pop
ulated sections of the city. In the equipment and construction of this
railway the latest inventions and developments of electrical and
mechanical science have been utilized throughout.
The tracks of the company within the city are laid with 95-lb. steel
girder rails on white oak cross-ties and for a considerable portion of thedistance embedded in concrete, and along streets paved with granite
blocks. The lines in the suburbs aie laid with 60-lb. steel T rails. Com
pany owns its power house, briok and steel oar house, etc. Population»
of Richmond and suburbs, including Manchester, estimated at 115,000.
STOCK & Bonds —
Date. Interest.
Outstand’g. Maturity
Stock, $300,000........ ($1 0 0 ).........................
$300,000
..........
IstM .,$500,000,g.,o*($l,000) 1895 5 g.J-J
500,000 N ’v l , 1925
(Subj. to call 105 after July 1,1900.) Trustee, Maryland Tr. Co., Balt.
Interest payable at Maryland Trust Co., Baltimore, or banking houseof John L. Williams & Sons, Richmond.
Mortgage oovers entire property and franchises, also power house,
carbarn, etc. Sinking fund of l 1 p. 0. annually of all bonds issued,
*
begins July 1,1900.
Ro a d — Total traok is IS 1 miles. Equipment 33 open oars, double
*»
“ G. E. 1,000” motors, 5 open trailers and 24 closed oars; total 62 cars.
EARNINGS—Fiscal year ending Sept. 30,1898, gross, $142,272; oper
ating expenses, including accident reserve, $88,735; net earnings,
$53,537; interest and taxes, $38,606; surplus, *14,931. For 1896-7,
gross, $124,505; net, $38,730; interest and taxes, $31,126; surplus,
$7,604. Oct. 1 to Oct. 31 (1 month) in 1898, gross, $13,573; net .
$6,216; in 1897, gross, $12,115; net, $3,042.
OFFICERS— (Jan.,’98), President, E. R. Williams; Vioe-Pres’t, W. M .
Habliston; Supt., Edw. J. Willis; Sec., Everett Waddey; Treas., R. L„
Williams.—V. 61, p. 472, 831,1179; V. 64, p. 1043.
ROANOKE, VA.
P o pulatio n 1890
w as 16,159 and in 1880 w as 669,
R O A N O K E S T R E E T R A I L W A Y . —A trolley road.
Population of Roanoke estimated in 1897 at 20,000.
STOCK & Bonds —
Date. Interest. Outstand’g
Maturity.
Com. stock ($500,000 auth’d)......................... $350,000 .................
Pref. stock ($150,000 auth.))
•
,
000
6 per cent cumulative...... > .................. . ** *
’
................ *w
1st M. $500,000, gold, $100) 1892 6g. M -N
350,000 May 1,1922
and $500,not subj.to call.c* 5 Trustee, Fidelity I. Tr. & S. D. Co.,Phila..
R e c e iv e r s h ip .— In February, 1898, D. W. Flickwir was appointed
receiver preparatory to consolidation with Roanoke Elec. L. & P. Co.
In Aug., 1898, reorganization prospects were reported to be good.
ROAD—Operates 14 miles of road in city of Roanoke, extending a ls »
8 miles to Salem, Va.; total track, 22*3 miles.
L a t e st E a r n in g s — Jan. 1 to Aug. 31, 8 months, gross, $ 23,130 iib1897; $27,590 in 1896; $23,979 in 1895.
OFFICERS —President (Nov., ’97) H. S. Trout; Vice-President, T. T.
Fisuburn; Treasurer, S. W. Jamison Secretary, Geo. C. Me C ah an.
Oubuwod>
Ce'meì'ery':
M AP OF TH E
RICHMOND TRACTION CO
RICHMOND TRACTION CO
B - jn n n Q C S 3 3
Double track
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STREET
R A IL W A Y S .
R O C H E S T E R , N. Y .
P o pulatio n 1890 WAS 133,896; in 1880
AND in 1870 WAS 62.386.
w as 89,366;
,
R O C H E S T E R R A I L W A Y - A trolley road
O r ganizatio n Chartered Feb. 25, 1890. Operates about 80 miles
-oi trackin city of Rochester, with extension to Ontario Beach, 8% miles,
and to Windsor Beach, 9 miles. The Rochester Electric Railway was
leased in September, 1894, at a rental said to be 8 per cent on $200,000 stock, and whenever gross receipts exceed $55,000 one-quarter of
such excess. The Rochester & Irondequoit was leased for 10 years at
* n annual rental of $8,000; see that company under Irondequoit.
STpCK8&; BONDS
Date. Interest. Outstanding. Maturity.
..........
Capital stock ($10° , ...................................$5,000,000
Rooh. C y & Brighton 2 d ) 1882 6
J- J
500,000 Jan. 1,1902
"L
} 8t
($500)... s Int. at Flour City Nat. Bank, Rochester.
R £^k; Cry& B. 3d M., now S1889 6
A -0
175,000 Apr. 1,1919
Interest at Rochester Tr. & S. D. Co.
2d M. ($500)................. t
Rochester Ry. Consol. M- ( T1890, 5J a A ~,°
?
2,200,000 Apr. 1,1930
$3,000,000($l,000)g.c* £ of£ySi at Cuyler> Morgan & Co., New York
1893 5 g . J - D
1,188,200 Dec. 1,1933
($1,000 each)....... o* 5 Interest is payable at Security Tr. Co., Rooh.
Debentures, gold....... > 1891 6 g. M -S
250,000 Mch. 1,1911
($500 e a c h .)-----.... S
Subject to call after Mar. 1,1901.
Collateral trust notes) 1897 6 M - S
182,000 Mar. 1,1905
($1,000)................. j Interest at Security Trust, Rochester.
Consolidated mortgage of 1890 and second mortgage cover all present
and future property of the company, and the bonds are to have their
prinoipal and interest paid without deduction for any tax payable by
the company under any law of the United States or New Yofik State,
and imposed upon the bond for national, State or municipal purposes.
Of the consols $1,000,000 are reserved to retire underlying bonds of
the Rochester City & B. RR. and of the second mortgage 5s $750,000
were reserved to retire the $600,000 of debentures, of which $250,000
still outstanding in October. 1897.
R oad — Owned J’ne 30, '98. Miles.
Road leased—
Miles.
Main line, trolley................ 46'05 Rochester Electric................ 4-63
Second track.......................34-68
do
do
2d track...4*13
Sidings............................... 1-80 Rochester & Irondequoit...... 4-47
do
2d track & siding 4-57
Total oper. June 30,’98.... 100-33
Weignt of rails, 40 to 100 pounds.
Y’rend.June30. 1898.
1897.
1898.
1897.
Gtoss earnings.$786,694 $806,104 Int. on bonds)
($244,866
N e t ................. 310,624 265,147 T axes........ $291,022 j
51,109
Other income... 10,439
.8,006 Rentals......3
(
5,048
Net income ..$321,063 $273,153
Balance..sur.$30,041 df.$27,870
L a t e s t E a r n in g s — For three months ending Sept. 30:
3 months—
-Gross.
Net.
Otherinc. Int. < taxes. Bal.,sur.
&
$96,103
$1,693
$75,862
$21,934
1898................. $220,740
1897................. 203,639 86,946
2,306
74,265
14,987
GBNBBAL BALANCE SHEET JUNE 30, 1898.
A ssp
.t.s
Liabilities.
•Cost of road........... *. > «b
Q
s « Capital stock................$5,000,000
Cost of equipment_5 $»,00^,040
Funded debt........... .. 4,501,200
Stocks of other comp’s.
167,500 Bills payable,..............
255,160
Supplies on hand........
12,920 Open accounts, etc......
155,347
-Cash...................
31,445
Accrued int., taxes, etc.
61,441
•Open accounts, etc.....
10,132 Profit and loss, surplus.
141,694
i'otal............i ......... $10,114,842
Total....................... $10,114,842
O fficers .—President (Aug., 1898), Frederick Cook; Vice-President,
and Gen. Man., T. J. Nicbo]l; Secretary, G. G. Morehouse; Treas
urer, Frederic P. Allen. INDEX— V. 67, p. 690, 9 5 1 .
R O C K L A N D , ME.
P o pu latio n 1890
w as 8,174; in 1880 w as 7,599;
and in 1870 was 7,074.
R O C K L A N D TH O M ASTO N &
STREET R A IL W A Y . —An electrio road.
„ STOCK & B o n d s —
Date. Interest. Outst'd’g.
Maturity.
$250,000 ............. .
Stock ($100) ($300,000 au th .).....................
1st M. ($250,000).........
5 I-892 5 J - J
250,OOO May i, I M S
_
„ ....
’
l interest at Nat. Exchange Bank, Boston.
Loans & bills pay. July 1,'98...........................
25,000
Road Operates about 16*3 miles of track from Thomaston through
Rockland and Rookport to Camden.
Years ending June 30. Gross.
Net.
Int. and taxes. Bal..sur
1898............................. $68,223
$25,436
$14.132
$11,304
1897............................. 66,782
25,693
14,457
11,235
O fficers —P resident, G. E. Maoomber; Secretary, H. M. Heath;
Treasurer, A. D. Bird; Supt. and Purch. Agt., Thomas Hawken.
ROM E, GA.
P o pulatio n 1890 w as 6,957; in 1880
AND in 1870 WAS 2,748.
ROCH ESTER
& SOLUS
BAY
R O M E , N. Y .
P o pulatio n 1890 w as 14,991;
in 1880 was 12,194;
and in 1870 w as 11,000.
R O M E CITY STR EET R A I L W A Y —
Ahorse road.
In Oct., 1898, it was said that sale
under negotiation, that change of
extensions would be made.
Stock ($50,000)par $100..$50,000
ROAD—Owns 6-7 miles track.
O fficers —President, J. S. Wardwell; Secretary and Treasurer, W.
P. Rayland.
r g a n iz a t io n — Organized
R O C K F O R D , ILL.
P o p u l a t i o n 1890 w a s 23,584; i n 1880 w a s 13,129;
,
a n d in
ROCKFORD
1870
w as
E arnings —Y ear ending June 30
1898.
1897.
1896.
Gross.... $4,986 $4,861 *6,115
Net.........loss 848 loss 470 loss 443
P .& L ....d f.l,6 9 9 df. 982
512
VT.
w as 8,239; and in 1880 w as 7,502.
R U T L A N D S T R E E T R A I L W A Y . —A trolley road.
O r ganization In 1894 rebuilt the line as a trolley road and newly
equipped it throughout. Stock authorized, $150,000; issued, $1 2 5 ,000;
1st mortgage, 1894, 6s, M. & S., authorized, $100,000; issued, $81,600;
Operates 8 miles of road on 8 miles of street. Pres. J. W. Cramton
S A C O , M E.
P o pulatio n 1890
SACO R IV E R
was
6,075;
in
E L E C T R IC
1880
w as
6,389.
R R —To be trolley.
O rg anizatio n .—Incorporated to construct a road from Saco to
Bonney Eagle, Me. Population to be served estimated about 30,600.
In Sept., 1898, contract was reported to be let.
S tock AND Bonds —
;
Date.
Interest. Outstanding. Maturity.
Stock, $2o0,000, par $100
___
*100 000 y
*
1st M.,g.,*200,000 (*1,000 > 1898 5 g. F - A
(?)
F e b ’l ' 192*
ea.); S. f. after 1904.. o' 5 Int. at Mass. L. & T Co., Boston, Trustee.
O fficers .—President, E. B. Loring; Treasurer, F. Hobart. Office,
432 Tremont Building, Boston.—V. 66, p. 710; V. 67, p. 321.
SA C R A M E N T O , CAL.
P opulation 1890 w as 26,386; in 1880
AND IN 1870 WAS 16,283.
SACRAM ENTO
E L E C T R IC
w as 21,420;
GAS
& R Y -
O r g a n iz a t io n — 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 Sacra
mento. The total cost of the property (including the railway, hydraulic
works, lighting plants, parks, etc.), was to May 1,1898, $2,828,990
11,049.
&, P O W E R C O - O r g a n iz a t io n — The Rockford City Ry. was chartered Jan. 20,1890,
and name changed as above in 1898. In Nov., 1898, the Rockford
Traction Co. was consolidated after foreclosure.—V. 67, p. 321,1056.
STOCK & B o n d s —
Date. Interest. Outstanding. Maturity.
Stock, $350,000........................
.......
$150,000
1st mortgage.................
1890
6 M -N
150.000 May i . ’iy'lO
New mort., g., $300,000. 1898
5g.
(?)
1918
Trustee of first mortgage is the Northern Trust Co. of Chicago, 1 1
1.
B o n d s — Of the new 5s of 1898 $150,000 are reserved to retire the
1 st 6s.
Road—Operates 26-2 miles of trolley track.
O f f ic e r s — Pres., R . N. Baylis; Sec , F . W. McAssey; Treas., W. F .
Woodruff; Gen. Man. and Purch. Agent, T. M. Ellis. DIRECTORS—R .
N. Baylis, Gilbert Woodruff, H. W. Price, G. W. Wattles and John
Farson—V. 67, p. 127, 321,1056.
R Y . L IG H T
to a Philadelphia syndicate was
motive power to electricity and
RUTLAND,
P o pulatio n 1890
R A IL W A Y —
in 1898, with authorized capital of
$1,000,000, to build an electric railroad from Sodus Point, Wayne
County, on Lake Ontario, to the city of Rochester, about 42 miles.
Rights of way, it is said, have been secured. OFFICERS—T. J. Nicholl,
President; John H Gregory, Treasurer; Charles Van Voorhis, Sec.
O
w as 3,877;
CITY E L E C T R IC R A I L W A Y -A trolley road.
O rganization —Chartered in 1894 as successor to the Rome Street
Railway, which was sold in foreclosure July 5, 1895.
„STOCK & Bonds — .
Date. Interest.
Outst’d’g.
Maturity.
Stook, $100,000, par $ 10 0 .......................... $57,000 f.p.
*
l 8 IILi i g-’ $100>0°0. go ld) 1894 g. A - O
L 0
85.000
O ct.'1,1914
$1,000, not subj. to call. $ Int. at Am. Sec. & Tr. Co.,Washington, D .O .
Ronds On April 1,1897, $15,000 of bonds and $3,000 stook were in
the treasury. On Deo. 31,1897, $84,000 bonds were held by Georgia RR
ROAD-Owns 6I5 miles of track (of which l i B built in 1897, fund
being contributed by bondholders), laid with 35 and 4 5 -lb. T rails.
For year ending Deo. 31, 1897, gross, $23,018; net. $5,245. In
1896, gross, $21,083; net, $4,689; charges. $4,250; balance, surplus,
for year, $439. In 1895, gross, $20,415. From Jan. 1 to Sept. 30,1898,
gross, $17,902; net. $2,671; in 189 ’, gross, $17,466; net, $4,467.
Pres., Seymour Cunningham; Gen. Man. and Treas., J. B. Marvin.
R O C H E S T E R C H A R L O T T E & M A N IT O U —
O r g an izatio n , Etc —I ncorporated in 1895. Successor to Grand
View Beach RR. sold in foreclosure.
S t o c k & B o n d s — Capital stock, $100,000, of which $97,500 is
issued. Bonds, $82,000, first mortgage, gold, 5 per cent; interest pay
able annually on Deo. 1st. Dated Deo. 1st, 1895; due Deo. 1st, 1925,
Issued, $81,250. Trustee, Security Trust Co., Rochester, N. Y.
R o a d — From Charlotte (suburban town and resort of Rochester, on
Lake Ontario,) to Manitou Beach, on Lake Ontario, 7 miles.
EARNINGS.—Year 1896-7, gross, $10,296; net, $884; charges, $5,113.
OFFICERS— President, Michael Doyle; Chairman, Lewis Warfield,
54 W all Street, New York City.
CAM DEN
Central El.
Ry.
IMerau * i“5ooo&
M^
a uriiy
1st) 16 1992 6g. j - D
265.000 June Y 'l 'u i s
£•• r
($25,000 due yearly) to June 1* 1921
$1,000 & $500... .c* 3 Int. at Cal. S. D. & Tr. Co., San Fran Trustee
Consol, mort., $2,500,-) .... 1897 5 M-N 2,070,000N o v 11927
000 ($1,000)............\ Int. at Cal. S. D. &Tr. c 6 , 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 re
tirement of the $1,650.000 6s of 1896.—V. 65, p. 9 7 7 .
ROAD-The railway system extends I 6 L2 miles with 24Lj miles of
single track. It covers the entire city and has valuable franchises
running 50 years and giving practical control of transportation in the
city. East Park and Oak Park are owned.
E arnings Year ending Jan. 31,1898 (railway department onlv).
gross, $150,368; net, $60,759.
OFFICERS—President, L. P. Drexler; Vice-President, Albert Gallatin;
Secretary, Albert Gallatin, Jr.; Treasurer, California State Bank,
Sacramento, Cal.—V. 65, p. 278, 977.
STEEET
ST. E O U IS , MO.
S A G I N A W , M ICH.
P o pulatio n 1890 w as 46,169; in 1880
AND IN 1870 WAS 20,685.
79
RAILWAYS,
P o pulatio n 1890
w as 29,541;
and
F O U R T H STREET & A R S E N A L RY.-Trolley.
IN T E R U R B A N R A I L W A Y — - trolley road.
A
ORGANIZATION— Opened /in June, 1896. Operation discontinued
early in l>-97.
Sold in foreclosure on 8ept. 20,1898, to John H. Overall, attorney
for the Central Traction Co. V. 67, p. 634.
R o a d — Owned 4*2 miles of track and leases (for 40 years) trackage
over People’s Ry., 2 miles, at annual rental of $6,000.
OFFICERS— Pres., Chas. Green; Sec., Chas. J. Maguire, V. 65, p. I l l ;
V. 67, p. 634, 789.
ORGANIZATION—Commenced operations August 1,1896.
STOCK & B onds —
Date.
Interest.
Outstanding.
Maturity.
Stock,$200,000($100) ........................
$200,000
................
l8
($™,000) gold’° c * } 18 9 6
6 k- M -N
300,000
May 1,1916
Trustee, Union Trust Co., Detroit, Mick. Interest payable at H a n
over National Bank, N ew York City.
Mortgage covers roadbed, rolling stock, all equipment, etc., about
five miles of private right-of-way and bridge across the Saginaw
River, which cost $60,000.
ROAD—Owns l l miles of road and operates under contract 3 miles
OFFICERS —President, Isaac Bearinger; Secretary and Treasurer,
Frank E. Snow. Y. 63, p. 794.
C E N T R A L T R A C T IO N CO —To be atrolley road.
O rganization — Incorporated in 1898. Obtained franchise April 13,
1898, which was accepted by the Company in June, 1898, and bond
given for $250,000 signed by the Mississippi Valley Trust Co. of St.
Louis, to guarantee the carrying out of its provisions. Stockholders
on July'30, 1898, voted to increase stock from $100,OOQ to $5,000,000,
and construction is to be pushed as rapidly as possible after arrange
ment of necessary preliminaries, such as issuance of bonds and letting
of contracts. A n issue of $5,000,000 bonds, it was understood, would
soon be authorized. V. 67, p. 176, 273. Construction was begun in
Sept., 1898. President, R. M. Snyder, New Y o rk ; Secretary, John H.
Blessing, St. Louis, Mo. V. 67, p. 176, 273, 789.
S A G IN A W S U B U R B A N R Y - To be a trolley road.
O r g a n iz a t io n — 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.
R A I L W A Y . —A trolley road.
R eceivership —I nterest due May l , 1897, was not paid and Homer
Loring was appointed receiver of the Union and the Consolidated
on May 22. In July, 1897, George B. Mcrley was appointed a
co-receiver. Receivers’ certificates for $20,000 have been authorized
to pay the city for paving, etc.—see Y. 64, p. 954. In April, 1898, the
receivers were authorized to borrow $10,000 additional for repairs.
Sold on Oct 15, 1898, under foreclosure of second mortgage, to
Homer Loring, representing bondholders’ committee. In Nov., 1898>
reorganization plan was to be issued shortly. V. 67, p 843.
Committee- Charles E. Eddy, Gardner T. Sanford and S. D. Loring.
A majority of the bonds has been^deposited
STOCK & B onds — Miles. Date.
Interest. Outstand’g. Maturity.
Stock, $450,000........................................... $300,000 ...................
Receivers’ certiflo’ts ___ 1897 6 semi-an.
20,000
1899
1st mort. $325,000 ) .... 1891 6 g. M - N
325.000 May 1,1911
gold, no option.. ) Boston Safe Dep. & Tr. Co., trustee, Boston.
On Jan. 1,1896, the funded and unfunded debt amounted to $400,797.
A second mortgage on this property secures guaranty of Saginaw
Consolidated Street Railway bonds.
In May, 1897, a chattel mortgage for $42,500 was filed to Union
Trust Co. of Detroit i o secure notes outstanding.
Road —
Operates 30 miles of track, including the Consolidated St. Ry.
OPERATIONS—I n year 1895, gross, $122,509; net, $14,064.
OFFICERS— President, F. E . Snow; Secretary, L . T. Durand; Treas
urer, F. Woodruff.—V. 64, p. 954,1043; V. 67, p. 435, 843.
w as 451,770; in 1880 w as 350,518;
IN 1870 w as 310,864.
U N IO N STREET
JEFFER SO N A V E N U E R Y . —An electrio road.
STOCK & Bonds —
Date. Interest. Outstand'n. Last div., etc.
Stook $400,000 ($100)............................ .
$112,000 Dec., 1888,2%
Mortgage $400,000........
1895 5 M -N
320,000
1905
Road —Operates 6 miles of track.
OPERATIONS— Following is the number of passengers carried:
l s i quar.
2 d quar.
3d quar. 4 th quar.
Total year.
1898 .........414,435
446,139
443,058
..........
..........
1897........ 392,057
463,176
449,365 449,580
1,754,178
OFFICERS— President, Robert McCulloch; Secretary, W. D. Henry.
'
L IN D E L L
R A I L W A Y —A n electrio road.
O r g a n iz a t io n —Incorporated January 24,1864. Owns and operates
an extensive system of roads in St. Louis and vicinity. Its road
owned was opened in December, 1890. In addition it controls Comp
ton Heights Union Depot < Merchants' Ter. Ry., and Taylor Ave. RR.
&
Consolidation of St . L ouis R oads .—In April, 1897, parties con
nected with the Lin dell Railway aoquired control of the Missouri RE.
and in May, 1898, bills were pending before the Municipal Assembly
granting permission to absorb the latter and providing for extension
of latter to Forest Park and a number of loops connecting the two
systems downtown. The Midland Electric Railway (running six miles
into the country), and the Clayton & Delmar RR. (opened in June
1897,
) were also purchased.
STOCK & B onds —
Date. Interest. Outstand'g. Divid’ds, etc
Capital stock ($100\ auth-)
- n T
/w mi n
orized,$2,500,000....... 5 -----5 Q -J
$2,400,000 Oct. 98,114%
S A G IN A W CONSOLIDATED STREET RY.—A trolley road.
1st M., $1,500,000___ o\fer ) 1891 5 g. F -A
1,500,000 Aug. 1,1911
ORGANIZATION —Organized in 1894 with a franchise for thirty yearsgold, $1,000 each.........s Interest payable in New York and St. Louis.
Owns a park of 65 acres. The Consolidated Road is operated under
Guaranteed (p. <ci.) endorsed.
f
ease by the Union Street Railway.
Compton H. U. D. & M. T. ) 1893 6 g. J-J
1,000,000 July 1, 1 9 1 3
1st mort., g o ld ......... o* SInterest payable in New York and St. Louis.
Default—Receivership—Interest due Feb. 1 ,1897, was not paid and
Taylor Ave. RR. 1st M., g. 1893 6 g. J-J
500,000 July 1, 1913
receivers were appointed. Receivers are Homer Loring and George B.
In July, 1897, capital stock for $100,000 was in company’s treasury
Morley. Receivers’ certificates $20,000 authorized for improvements.
as also $1,000,000 stock of Compton H ’gts and $50O,00OTaylorCo. Ry.
In August, 1898, $33,000 additional authorized to pay city taxes and
Mortgage Trustee is the St. Louis Trust Co. of St. Louis.
build new track. Foreclosure decreed in Aug., 1898. Sold Oct. 15
D ividends —I n 1895 paid 5 p.c.; in 1896, 5 p.c.; in 1897, 5 p. c.; in
1898, to Homer Loring, representing bondholders’ committee. In
1898, 5 p. c.
Nov., 1898, plan was to be issued shortly. V. 67, p. 843.
R o a d .— Operates 60-10 miles single track in St. Louis and vicinity,
Committee— chairman, C. Sidney Shepard; Charles E. Eddy and S. D.
including the Compton Heights Union Depot < Merchants' Terminal
£
Loring; depositary, Boston Safe Dep. & Tr., Boston. Practically all
Ry., 12-10 miles in length, and the Taylor Avenue road, 9*20 miles. In
ol the bonds have been deposited.—V. 64, p. 954,1043.
Nov., 1898, various extensions were to be made at once.
STOCK & B onds — Miles. Date. Interest. Outstand'g.
Maturity
Stock.........................................................
(?)
................N E a r n in g s .—T he f o llo w in g g iv e s th e n u m b e r o f p a s s e n g e rs c a r r ie d :
Tear— Passengers. I Quarters. 1898.
1897.
1896.
$20,00a
$—
18 9 7 6 semi-an. $20,000
1899 1897..........21,342,220
4th
5,454,166
5,167,531
Saginaw Cons. St. Ry. ( . . . . 1894 6 g. F -A
225,000 Nov. 12,1914 1896.......... 21,535,251 1
3d
6,063,063
5,764,981
5,674,597
1st M. $225,000, c*, < Boston Safe Deposit & Trust Co., Trustee, 1895.......... 20,237,599
2d
5,813,940
5,613,574
5,933,858
gold, gu. No option. ( Boston. Bonds $1,000 each.
1894.......... 17,425,971 I
1st
4,950,403
4,509,499
4,759,265
Bonds—1
The bonds are guaranteed, principal and interest, by the
OFFICERS— President, Edwards Whitaker; Vice-President, C. D.
Union Street Railway Company, and the guaranty is secured by a McLure; Secretary and Treasurer, James Adkins.—V. 65, p. 69.
second mortgage on that property.—V. 64, p. 954,1043; V. 65, p. 572.
M ISSOUR I R A IL R O A D — able an e o .
C
d le trio
V. 67, p. 435, 843.
Control of this road has been purchased in the interest of the Lindell
Railway, but the road is run independently, as formerly. Consolida
tion with the Lindell Railway and extension of Olive Street cable line
to Forest Park has been proposed.
P o pulatio n 1890 w as 4,826; in 1880 w as 3,550;
STOCK & B onds —
Date. Interest.
Outstand'g.
Last div., <é c
and in 1870 w as 2,994.
Q. - J .
$2,300,000 Apr., ’98,1^3%
Stk ($2,400,000) ($100) .......
1st mtg.,$1,000,000.C* 1896 5 M .- 8 .
700,000
ST. JOSEPH & B E N T O N H A R B O R E L E C
1901-1916
Subject to call in 1901 at 105.
TRIC STREET R A I L W A Y C O For Park, Laclede A v .)
„ „ I
„ 0 „. .
O r g a n iz a t io n — Chartered in 1884. Successor of the St. Joseph *
1900
& 4th St. bond^.......5 -----7 P- °92,000
Benton Harbor Ry. & Light Co. Stock, $100,000. First mortgage
Dividends 1894 and 1895, 8 p. c. eaoh; in 1896,7 p. 0.; in 1897,6 p.c.
gold 6s, J&J, $200,000, dated July 1,1913, due July 1, 1912, interest in 1898, Jan., l 1 p. c.; Apr., IL j p. c.
^
payable J-J, at III. Trust & Savings Bank, Chicago, Trustee. Oper
ROAD—In May, 189.-», controlled about 2o*82 miles, including Mis
ates 5*2 miles of track on 3 ^ miles of street. For year ending Deo. souri RR. (cable), 18-98; Forest Park & Laclede (Elec.), leased, 6-84.
31,1895, gross, $27,885; def. under operating $620. V. 66, p. 1090.
O p e r a t io n s — The following gives the number of passengers carried.
ST. JO SE PH , M ICH :
ST.
JOSEPH,
MO.
P opulation 1890 w as 52,324 ; in 1880
AND IN 1870 w as 19,565.
w as 32,431 ;
ST. JOSEPH R A I L W A Y L IG H T H E A T &
POWER.-Owns in all 3 m
3 iles of track
.
O r g a n iz a t io n — Incorporated in 1895 to succeed to the property of
th e St. Joseph Traction & Lighting Company, sold in foreclosure Aug21, and purchased for the bondholders for $300,000. The new co upany has an authorized capital stook of $3,500,000, of which $2,000,
000 is preferred, and assumes $100,000 Wyatt Park bonds.
OFFICERS—President, E. H. Harriman, New York City; Secretary
and Treas., H. A. Schencb; Gen. Man., W. T. Van Brunt.—V. 61, p. 926.
1 st quar.
2d quar.
3d quar. 4th quar. Total Tear.
1898............. 3,556,394 3,906,201 3,579,000
1897........... 3,520,588 3,900.007 3,546,455 4,037,282 15,004,332
1896............. 3,662,449 4,288,723 3,578,599 3,889,970 15,419,747
OFFICERS —President, Edwards Whitaker; Vice-President, C. D. Mc
Lure.—V. 64, p. 800; V. 65, p. 69.
N A T IO N A L R A I L W A Y C O O r g a n iz a t io n —Organized in 1889 under the laws of Illinois.
It
controls the following street railroads of St. Louis, Mo.: Northern
STREET RAILWAYS
80
DIVIDENDS—Dividends in 1896, 6 per oent; in 1897, 6 per cent; in
1898, Jan., I V p o.; Apr., H a p. c.; July, l>sp. e.; Oct., I V p. o.
ROAD—In 1894 operated 70 miles of street railway in St. Louis
Jan. 1 to Sept. 30, 1898, entire system carried 22,218,630, against
21,712,032 in 1897 and 22,728,265 in 1896. »
ANNUAL R eport -Report for the year ending Dec. 31, 1897, was
given in V. 66, p. 284, showing earnings as follows for the properties
controlled, and the proportion due National By. Co.
1895.
Tears ending Dec. 31—
1896.
1897.
J
Entire System—
$1,467,976 $1,522,273 $1,403,957
592,642
628,755
.
588,037
366,587
377,413
s
366,746
216,055
251,342
.
221,291
National Railway—
179,141
209,092
.
189,929
Nat. Ry., proportio
19,565
19,565
19,565
Other income.......
Dividends National Railw ay___.
$209,494
148,770
$228,657
148,770
$198,706
148,770
$49,936
$60,724
$79,887
OFFICERS—President, D. G. Hamilton; Secretary, E. A. Lancaster.
Office. 3,820 Easton Ave.— V. 64, p. 2 8 4 ; V. 66, p. 284.
Companies Controlled by N atio n al R a ilw a r Co.
<(1) B A D E N & ST. LOUIS R A ILR O A D —A trolley road.
O r ganization —Controlled by st. Louis r r . Co.
S tock & B onds
Par. Date. Interest. Outstand’g. Maturity.
Stock............... .......
$50 .................
$50,000 ...................
1st mortgage gold.... 5 •••• 1893 5g. J - J
250,000 July 1,1913
JTrustee, Northern Trust Co., Chicago. 1 1
1.
ROAD—6*7 m. of track. Operations included in St. Louis RR. reports.
( 2 ) CASS A V E N U E F A IR GROUNDS R A IL W A Y —A trolley road.
ST. L O U I S & B E L L E V I L L E E L E C T R I C R Y .—
To be a trolley road. To build a double track railway between Belle
ville and East St. Louis. In Nov., 1898, only a few miles of traok had
been built. Stook increased in January, 1898, from $50,000 to $500,000.—V. 66, p. 83. In May, 1898, made a mortgage to secure $500,000 5 p. c. 40 year gold bonds ($500 and $1,000 each). Breckin
ridge Jones, Vice-Pres. Mississippi Valley Trust Co., Trustee. Presi
dent, John A. Day; Secretary, Charles Sutter.
ST. L O U IS B E L L E V I L L E & S U B U R B A N R Y .
O rganization — Formed in 1897 and built 12V 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 Belleville.
Capital stock, $350,000. First mortgage (St. Louis Trust Co., trustee),
$350,000, 6 p. o. 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, F. F. Espensoheid; Secretary, George F. Townsend.
S T. L O U I S C O U N T Y S T R E E T R A I L W A Y .
O r g a n iz a tio n — Operates 3 miles of track with horses. Stook, $50,
000. President, M. B. Greensfelder.
S T. L O U I S & E A S T
S T. L O U I S E L E C - R Y -
O rganization — Chartered in July, 1889.
STOCK & B onds —
Dale. Interest. Outstanding. Maturity.
Stook.........................................................
$250,000
.................
1st M. ourreney........ .
1890 6 J - J
75,000
Jan. 1,1905
Interest payable at office of the mortgage trustee, St. Louis Trust Co.
ROAD 2 miles of traok on 1 mile of road. Cars cross Eads Bridge.
OFFICERS—President, D. R. Powell ; Secretary, D. T. Breck.
ORGANIZATION.—Controlled by the National Railway Co.
S T. L O U I S & K I R K W O O D R R —A trolley road.
S tock & B onds —
Date. Interest. Outstand’g.
Maturity.
ORGANIZATION— Completed Mareh 1,1896. Connects at Forest Park
Stock ($io6).............................................. $2,500,000 ....................
1st mortgage, $2,000,000,1 1892 5g. J-J
1,901,000
July 1,1912 ■with Lindell Railway. In July, 1897, St. Louis & Suburban Ry. ob
gold, $1,000, sink, fund, > Subject to call at 102 on any July 1st.
tained control. The Suburban road conneots with it at Kirkwood and
guar. p. & i. (end.)...... e* 1 Interest at No. Trust Co., trustee, Chicago. uses its traoks for about 4 miles.
The bonds carry the unconditional guaranty as to principal and
STOCK & B on 6s—
Date.
Interest. Outstand’j.
Maturity.
interest of the National Railway Company of Chicago. They cover all Stock (par, $100)............................... ."......
$300,000
...............
..........
See text......................
roperty and franchises now owned or hereafter acquired, including New 1st mort., $350,000. 1898
New mortgage, $350,000, has been authorized to replace 1st mort
(until the total debt is reduced to $1,000,000] $500,100 stock of the
gage, $300,000, but no bonds had been issued in May, 1898
St. Louis Cable Railroad. Sinking fund $10,000 yearly.
ROAD—Owns 10V miles traok in St. Louis County (none in the city).
ROAD—34*47 miles of track, including lines owned in fee—15*40 miles
PRESIDENT—James P. Dawson.—V. 64, p. 331.
tines controlled -Northern Central 8*75 miles,Union Ry., 10*32 miles.
S T. L O U I S & M E R A M E C R I V E R R R
OPERATIONS.—Poliowing is the number of passengers carried, in
ORGANIZATION— Organized in 1894, and in 1896 obtained all the
cluding the Northern Central and Union lines:
1stquar.
2dquar.
3dquar.
4thquar. Tot.for year. rights and franchises of the Manchester Road Electric Ry.
.................................
1898.. .2.192.966
2,414,863
2,370,915
STOCK AND BONDS—
Date.
Interest. Oulstand’g.
Maturity.
1 8 97.. .2.110.910 2,317,287 2,297,838
2,412,6559,138,690
......................
See text........................
Stock. $2,000,000..........
1 8 9 6 .. .2.232.600 2,507,429 2,421,434
2,385,5339,546,996 $1,000,000, go ld ) 1896 6 g. M-N $1,000,000 May 8, 1916
1st M.,
($1,000), guar.p.&l.,by >Interest at Mississippi Valley Trust Com
( 3 ) CITIZENS R A ILR O A D —An electric road.
et. L. & Sub., end___ c* ) pany, St. Louis, trustee.
ORGANIZATION—Controlled by the National Railway Company.
Consol. M., $2,000,000... 1898
(1)
None July,’98
0)
STOCK & BONDS—
Dale. Interest. Outstand’g. Last div., etc.
In 1898 stook increased to $2,000,000 (from $1,000,000), and an ad
Stock ($100) $2,000,000................ Annual $1,500,000 Oot.’93,4p.c. ditional issue of $1,000,000 bonds authorized for extensions, etc.
«tm ort mid
non oorn $ 1887 6 J - J
1,500,000 July 1, 1907
Stook for $2,000,000 held in treasury of St. Louis & Suburban Ry.,
et mort., gold ($2,000,000) £ j nt at j^mer. Exch. Nat. Bank, N. Y. City,
which company guarantees the bonds.
The mortgage trustees are Charles Parsons and Thomas E. Tutt.
ROAD—Trolley from Sarah St., on St. Louis & Suburban, to Jackson
Dividends - I n October, 1893, paid 4 per cent.
Road, 10*96 miles ; extension 3 miles to St. L. & Kirkwood tracks over
ROAD—Operates 16*36 miles of track.
which cars run to Meramec Highlands. Rails, 73-lb. girder and 60-lb
OPERATIONS—Following is the number of passengers by quarters:
1st (¿ter.
2defter
3defter.
<Lth g’ter. Tot. for year. T. The St. Louis & Suburban furnishes power and carries the
1898
2,040,694 2,228,619 2,154,050 .............
............. country passengers 3 V miles over its own road to down-town
1897........ 1,968,350 2,268,553 2,160,882 2,256,469
8,654,254 terminus of other lines In Nov., 1898, extensions to the cemeteries,
1896 ........ 1,920,579 2,263,603 2,163,296 2,192,210
8,539,688
3 miles of double track, was under construction.] President, C. H.
^ 4 ) ST. LO UIS R A ILR O A D —A cable and trolley road.
Turner, Secretary, R. Lehmann.
ORGANIZATION—Controlled by the National Railway Co.
S tock & B onds —
Date.
Interest. Outstand’g. Last div., etc.
ST. L O U I S & S U B U R B A N R Y . - A trolley road.
J - J $2,000,000 Jan.,’98,2*2%
Stock ($100)..........................
ORGANIZATION—Incorporated Sept. 11,1884. This company is a re
1st M., our. ($1,000 each). 1890 5
M- N
2,000,000 May 1,1910
Subject to call May 1,1900 organization of the St. Louis Cable & Western Ry Co., which it bought
Dividends—I n ’94 aggregated7 p. e.; ’95, Jan., 3 V p.c.; July, 2 V p . c.; in at the foreclosure sale of the latter’s property June 10, 1890.
In July, 1897, secured control of the St. Louis & Kirkwood RR.
n 1896, July, 2 V p. o.; in 1897, Jan., 2*2 p. c.; July, 2*2 p. c.
STOCK & B onds —
Date. Interest.
Outstanding. Maturity,etc.
ROAD—Owns 14*67 miles of track (cable) and 4*95 miles of trolley
Stock ($100)................
$2,500,000
..............
road. Also controls Baden & St. Louis RR., 6*7 miles.
St. L. Cable & Western)
1884 6 M . - N .
600,000
1914
OPERATIONS—Following is the number of passengers carried during
Ry I s t M ................SInterest at Farmers’ Loan & Tr. Co., N. Y. city.
1891 5 g. F. - A,
1,400,000 Feb. 1,1921
each of the quarters of the calendar years, including since sometime in St. Louis & Suburban!
IstM. ($2,000,000)g. >Interest payable in Boston by the trustee, the
1895 the Baden & St. Louis RR. and the Southwestern Electric Ry.
$1,000.................. ) American Loan & Tr. Co.
ls i guar.
2d guar.
3d guar. 4fA guar. Tot. fo r year. Income bonds............. 1891 5 . . . .
300,000
.......... .
898............ 2,721,763 3,058,986 3,035,774 ...................................
R o a d — Operates 18*14 miles of track in St. Louis and 10*5 in suburbs.
1897 ......... 2,587,798 2,995,121 3,005,293 2,995,008 11,583,220
In Nov., 1898, extension to O’Fallen Park, 4 miles of double track,
1896 ......... 2,773,598 3,358,589 3,087.137 2,906,127.12,125,451
was under construction.
( 5 ) SOUTHWESTERN R A IL W A Y —A trolley road.
OPERATIONS— Following is the number of passengers carried during
ORGANIZATION—Commenced operations Sept. 1,1895. Capital stock,
each quarter of the calendar years:
$100,000. Reported no bonds issued to May, 1898.
4 th g u a r. T o t.for y ea r.
ist guar.
2d guar.
3 d guar.
ROAD—Line is 11*19 miles long.
1898 ...2,673,149 3,070,129
2,952,439
2",914*574 11,*205*238
Power is obtained from the power-house of the Cass Avenue & Fair 1897..
.2.454.224 2,973,700
2,862,735
2,694,861
9,892,652
1896..
.1.834.347 2,567,155
2,796,249
Grounds Railway. Operations included in St. Louis RIj. reports.
OFFICERS— President, C. H. Turner; Sec. and Tre a s., R. Lehmann.
P E O P L E ’S R A I L W A Y . - A cable road.
RECEIVERSHIP—On April 25, 1898, Frederick B. Brownell was ap
S O U T H E R N E L E C T R IC R A IL W A Y .
pointed receiver in place of Charles Green, removed by the Court.
ORGANIZATION—Chartered April 16, 1884. In April, 1897, oonfaol
In Oct., 1898, sale was ordered under third mortgage and it was was obtained by St. Louis men.—V. 64, p. 800.
«aid the property would be purchased by or in the interest of the Cen
S tock A BondsDate. Interest. Outstand’g. Last ditfnd.
tral Traction Co. Y. 67, p. 789,1004.
Preferred stook (par $100).............
J-J $1,000,000 July 1, ’98,3
500,000 ------- ------- STOCK & B onds —
Date. Interest. Outstand’g. Last Div’d, etc. Common stock (par $100).............................
1st m ortgage...... ....... .
1884 6 M - N
200,000
1904
Stock ($1,000,000) ($50)............................. $300,000 Deo. 1889,50c
Consol, mort. ($500,000).... 1889 6 M - N
300,000
1909
5 1882 6 J - D
125,000
1892-1902
Mort, of 1896, $200,000 )
1896 5g. F -A
200,000 Aug. 1,1916
is t mortgage.................. } Subject to call after 1892.
($1,000), gold.............0 > Int. pay’le at Louisville, Ky.,andSt. L., Ito,
2nd mortgage.......... . ........ 1886 7 M -N 75,000
1902
Consol, mort. ($1,000,000).. 1889 6 J - J
800,000
1899-1904
Mortgage trustees, Fidelity Trust & Safety Vault Co., Louisville, Ky..
Interest due July, 1896, and since on consol, is in default.
and Mississippi Valley Trust Co., St. Louis, Mo.
ROAD—Operates 10 miles of cable road.
In April, 1896, the directors authorized issue of $200,000 bonds for
OPERATIONS—Following is the number of passengers carried:
mprovements. In August the company sold $80,000 of new preferred
ls i guar.
2d guar.
3d guar. 4th guar. Tot. year. took at par with a bonus of 50 p. e. in eommon stock.
1898 ........... 812,461
900,817
k84,328
................
Dividends—On preferred, in 1894, 6 p. o.; in 1895, 6 p. 0.; in 1896.
1897 ........... 815,854
906,217
902,630
909,024 3,533,725
1896.............. 874,753 1,149,350
954,510
904,323 3,882,938 January, 3 p. 0.; in 1898, Jan., I V p. c.; July, 3 p. 0. dividends there
after to be semi-annual.
—V 67, p. 789,1004.
STREET
Road —Operates 16-75 miles of track in St. Louis; extension to Jef'ferson Barracks (opened May 20,1896), 6 miles; total. 22-75 miles. In
Tul^, 1898, extension proposed to Schuetzen Park and Bobringville.
OPERATIONS—The following gives the passengers carried:
. 1st quar.
2d quar.
3d quar.
4th auar.
Tot. year.
1898...1.280.210
1,666,632
1,700,651
..........
1897...1.426.195
1,475,302
1,470,929
1,399,061
5,771,487
1896... 1,184,099
1,446,769
1,475,482
1,354,193
5,460,543
OFFICERS (Jan., 1898).—President, C. H. Spencer; Vice-President,
Charles F. Orthwein; Sec. and Treas., Joseph S. Minary. -V . 64, p. 800.
U N IO N DEPOT R A I L R O A D —An electric system.
O rganization —I ncorporated in 1876. Controls the Mound City
Bailroad, Benton-Bellefontaine Railway Company and the Grand
Avenue Railway. The last named was opened March, 1895, along
'Grand Avenue to Meramec and Virginia aves, and had $100,000 stock
outstanding—no bonds.
In March, 1898, the United Traction Co. was incorporated by officers
of the Union Depot RR. to build connecting lines.
STOCK & B o n d s —
Date. Interest. Outstand’g.
Last div., etc.
Stock (100)................................. 6 p. c. $4,000,000
See text.
•#An_ .
„.d
<1890 6 g. J - J
300,000 Oct. 1,1910
Mound City RR. Co............. )
Subject to call Oct. 1,1900
Jnion Depot Railroad 1st <1890 6 g. A -O 1,091,000 Oct. 1,1910
consol, mortgage, gold......\
Subiect to call Oct. 1,1900
Cons. mort. ($3,500,000) gold.1893 6 g. J -D 2,237,000 June 1,1918
Interest on 6s of 1893 is payable at Mississippi Valley Tr., St. Louis.
.
Trustee of mortgage of 1893 is the Mississippi Valley Trust Co.; of
-all other loans the St. Louis Trust Co.
Benton-Bellefontaine 1st M. 6s for $500,000 were called for pay
ment May 1,1897; consols of 1893 were reserved for these bonds.
D VIDENDS. In 1893, 8 p. c.; in 1894, 3 p. e.; in 1895, 3 p. o. It is
understood that dividends of 6 p. c. per annum are paid.
Ro a d .—The company’s mileage, as reported to the city in April,
1898, aggregated 77-50 miles as below. Other statements make it
«between 80 and 90 miles, probably owing to duplications of mileage
used by two or more divisions in common.
Lines controlled—
Lines owned—
Union Depot Ry. (Electric).. 40-68 Benton-Bellefontaine R y ___ 13-70
Mound City R R .................. 7-12
Trackage over lines of other
companies, about.............. 8-00 Grand Ave. R y .................... 8‘00
OPERATIONS— The following gives the number of passengers carried.
ist Quar.
2d Quar. 3d Quar. 4th Quar. Total year:
J.898............ 5,842,691 6,506,875 6,6$7,373
.................
1897.............5,322,079 6,273,524 6,249,928 6,313,875 24,159,406
1896 ........... 5,334,264 6,132,814 6,320,872 5,984,395 23,772,345
OFFICERS.—President, John Scullin; Sec., J. H. Roach.—V. 64,p. 713.
ST. P A U L , M IN N .
P o pulatio n 1890
and
81
RAILWAYS.
w as 133,156 ; in 1880 w as 41,473 ;
IN 1870 w as 20,030.
ST. P A U L CITY R A I L W A Y —See Twin City Rapid
Transit Co., under Minneapolis, Minn.
Interest at American Loan & Trust (trustee), Boston.
Road —Operates 32 miles of track on 26 miles of street.
EARNINGS—For year ending Dec. 31, 1895, gross, $89,420; net,
$26,097. In 1894 gross, $110,538; net, $23,410.
OFFICERS—President and General Manager, J. S. Cameron; Secretary
and Treasurer, G. S. Gannett; Sup. and Pur. Agent, F. McBroom.
W E S T
S ID E
R A P ID
T R A N S I T —A n eleotrio and
steam road. Said to operate 12 miles of track. Stock, $300,000.
President and General Manager, J. G. Jacobs; Treasurer, E. W. Wilson.
SAN
A N T O N IO , T E X .
P o pulatio n 1890
w as 37,673; in 1880 w as 20,550;
and in 1870 was 12,256.
ALAM O
H E IG H T S
R A IL R O A D — trolley road.
A
O r g a n iza tio n , Et c .—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. 0. bonds, c*, $500 each; dated 1895,
due June 1, 1915; interest, J&D. Franklin Trust Co. of Brooklyn,
trustee. Operates 5*a miles of track. President, C. J. Harwood.
S A N AN T O N IO EDISON CO.-A trolley road
.
Ro a d , E t c .—Successor, it is stated, to the Citizens’ Electric Power
& Street Ry. Co. Operates 13 miles of track. Capital stock, $300,000;
first mortgage, $300,000. In July, 1898, reported as sold to interests
represented by W. H. Weiss, President of the San Antonio Street Ry.
S A N A N T O N IO S T R E E T R A I L W A Y ORGANIZATION—Incorporated in May, 1874, and in 1890 absorbed
the Prospect Hill Street Railway. Consolidation of all the city roads
was pending in February, 1898.
S tock & Bonds —
Date.
Interest. Outstanding. Maturity.
Stock $1,000,000........................................
$200,000
................
(1885
7-A15
200,000
1905
1st mort. $1,000 each ... ■ Interest payable at Atlantio Trust Co., New
<
t York City, and San Antonio.
r«™
sfcfln non a* i 1890
n
6 M -N
400,000
May 1,1920
Con. mort., $600,000. .c } gubj to oall $20,000 yearly from May 1,1897
ROAD—35 miles of track. Rails 40, 45 and 56 T*
OFFICERS—President and Treasurer, W. H. Weiss; Vice-President,
R. Houston; Secretary and Superintendent, D. D. Willis.
W E S T E N D STR EET C A R
C O . - A trolley road.
ROAD, Et c .—Said to operate 5-8 miles of track upon 4-8 miles of
street. Stock, $26,000. First mortgage is for $100,000 gold 6s, J&J,
dated 1890, due July 1,1910; interest at Importers’ & Traders’ Nat.
Bank, N. Y., or San Antonio office. July, 1898, interest in default. On
August 8,1898, John H. Clark was appointed Receiver.—V. 67, p. 324.
Surplus earnings (over interest charges) have been put into improve
ments. President and General Manager, G. W. Russ.—V. 67, p. 324.
ST. P A U L & S U B U R B A N R Y.— trolley road.
A
ORGAN ZATION, ETC.—Successor, after foreclosure, to the St. Paul &
Whit Bear RR. Franchises run 50 years from 1896. Road runs
from St. Paul to White Bear Lake, and from city limits owns the right
of way; also owns summer resort on the lake. Capital stock, $37,900,
full paid. In June, 1897, no bonded or floating debt.
ROAD.—Owns 10-59 miles of track; 9 electric cars, also 2 locomo.
ves and 4 coaches used to supplement electric service.
President, E. W. Peet; Secretary, Ambrose Tighe.
S A L T L A K E C IT Y , U T A H .
P o pulation 1890
w as 44,843; in 1880 w as 20,768;
and in 1870 w as 12,854.
S A L T
L A K E
C IT Y
S A N DIEGO , C A L .
P o pulatio n
in 1890 w as 16,159; in 1880 w as 2,637;
in 1870 w as 2,300.
v
C ITIZE N S’ TR AC T IO N CO.— trolley road
A
.
O r g an izatio n , Et c .—Incorporated in 1896. Successor to San D
iego
Cable Ry. sold in foreclosure. In January, 1898, foreclosure sale
ordered at upset price of $30,000. In March, 1898, reported sold to
E. S. Babcock, Vice-President of San Diego Electric Ry. Line is 5
miles long.
S A N DIEG O E L E C T R IC R Y — m
3 iles of track
.
R A I L R O A D —A trolley road.
O rganization — Chartered Jan. 19,1872.
S A N D U S K Y , OHIO.
STOCK & B onds —
Date.
Interest.
Outstanding. Maturity.
Btock, $1,000,000 ($50) ........................
$850,000
..........
P o pulatio n 1890 w as 18,471; in 1880 w as 15,838.
1st M., s. f., gold <1893
6 g J-J
650,000
1913
P E O P L E ’S E L E C T R IC R A I L W A Y —
($1,000) ($1,500,000)0* ( Subject to call after Jan. 1,1903.
O rganization — Chartered in 1891.
Entire issue subject to call Jan. 1, 1903, or any Jan. 1 thereafter,
ft-mr,K A Bonds—
Date. Interest. Outstanding. Maturity.
from Jan. 1,1904, to Jan. 1,1913, one-tenth must be paid yearly. Bonds 3tock, $50.000 ($50)..... ........................... .
$50,000
.............
to be called and paid in numerical order. Trustee, Guaranty Trust Co. Lst mortgage, $40,000— o* ....... 6
J-J
40,000
.............
Bonds—Under terms of the mortgage of 1893 for $1,500,000, bonds
Road — Operates 6*2 miles.
may be issued for extension of and additions to the mortgaged property
EARNINGS—For year ending Oct. 28,1897, gross, $17,660.
• t rate of not more than 70 per cent of the oost of such addition and ex,
O fficers — Pres., W. H. Giloher; Sec., R. B. Fisher; Treas., A. W. Prout.
ensions, and the bonds at any time issued shall not exceed $20,000 per
S A N D U S K Y & IN T E R U R B A N E L E C T R IC
lie for each mile of road constructed, equipped and in operation. On
mileage of Jan., 1896, $840,000 could be issued, but of this $190,000 R A IL W A Y ORGANIZATION.— To be a trolley road. Incorporated in 1898 to
was in the hands of the trustee to be sold only for new property. After
debtreaohes $1 ,000,000 no bonds can be issued unless the net earnings build a road through Erie, Huron and Lorain oounties, and eventually
fo r preceding 1 2 months are sufficient to pay 1 2 per cent o n all bonds to Cleveland. Stock authorized, $500,000. In Oct., 1898, contract
reported let. Incorporators: H. A. Everett, E. W. Moore, B. Mahler,
•outstanding and 12 per oent on the bonds proposed to be issued.
C. H. Stewart and William H. Price.—V. 67, p. 275.
ROAD—The company operates 42 miles of track.
Miles.
Miles.
«in gle track.......... .............
29 Total track operated...........
42
S A N D U S K Y M IL A N & N O R W A L K E L E C
Beoond track.......................
13 Weight of rails, 30 to 40 and 72 lbs. TRIC R A I L W A Y — trolley road.
A
OFFICERS— President, A. W. MoCune; Vice-President, R. C. Chambers;
STOCK & B onds Date. Interest. Outstanding. M aturity.
Soc’y and Treas., Joseph S. Wells; Supt. and Purch. Agt., W. P. Read.
$ 100,000
Stock, $100,000 (par $50)............................
100,000
1st mortgage, $100,000................. 6
J-J
SA LT L A K E & M E R C U R R R - A trolley road.
ROAD—O n 1 m
w s 8 iles of track
.
Runs from Fairfield to Mercur, Utah, 12 miles, and is to be extended
OFFICERS— President, G. H. DeWitt; Vice-President, Henry Kelley;
to West Dip. In July, 1898, made mortgage to the Produce Exchange Treasurer, A. W. Prout; Secretary, J. D. Parker.
Trust Co. of New York, as trustee, to seoure $300,000 gold 5s. Presi
S A N D U S K Y STR EET R A I L W A Y — trolley road.
A
dent, E. H. Airis, Salt Lake City.
ORGANIZATION— S , un
old
der foreclosu on July 9,1898, and pur
re
S A L T L A K E R A P ID TR ANSIT- Atrolle^road.
O rganization — C artered in 1 9 .
h
80
S tock & B onds —
-Daie.
jtook $500,000 (par $100) .......
ist mortgage..................
1890
Other indebtedness....................
ch
asedby J d C S B tley, C
u ge . . en
levelan represen g 9 per cen of
d,
tin 5
t
th first m
e
ortgage bon h ers. It w said th road w
d old
as
e
ould be im
Interest. Outstanding. Maturity.
proved an m tbe con
d igh
solid
atedw th People’sLine.— 6 , p 1 7
ith e
V. 7 . 2 .
.......
$356,000
.
R oad —E braced 9 m
m
iles of track o 7m
n
iles of road.— . 6 , p 2 5
V 4 . 3;
6 F -A
350,000
Feb. 1,1910
V. 6 , p 3 ,1 7
7 . 0 2.
.......
70,000
.
82
STREET
RAILWAYS.
S A N F R A N C IS C O , C A L .
S U T T E R S T R E E T R A I L W A Y - A cable road.
O r g anization —Chartered Dec. 22.1887.
STOCK & B onds — Date. Interest.
Outstanding.
Maturity.
P o pulatio n 1890
w as 298,997; in 1880 w as 233,959;
and in 1870 w as 149.473.
\ June !5.1896
Stock (par, $100).............. Q-M 15 J $2ptS? paid
IstM ., g., $1,000 each 1888 5 M -N
$900,000 ‘ 5 May 1,1918
Trustee is California Title, Ins. & Trust Co. of San Francisco.
Wednesday in July.
Subject to call at par $50,000 yearly, beginning May 1,1908. I f so
Dale. Interest.
Outstanding.
Maturity.
S tock & B onds —
ordered by the company’s directors, Nos. 1 to 50 to be called first
Stock (par, $100)........ ....... Monthly.
..............
$60 paid in. i
and the others in the order of their numbers.
1st mortgage, gold___
1890 5g. J - J
$900,000
Jan. 1, 1915
Dividends: Hi 1893, 5 p. o.; in 1894, 5 p. c.; in 1895, 4 p. c.; in 1896,
Dividends have been 50 cents monthly.
Mar., 1 p. c.; ftn e, 1 p. c.
ROAD— Was operating March 1,1898,11*2 miles of track on 5*2 miles
ROAD—The company owns track as follows:
of street.
Miles.
OFFICERS—President, J. B. Stetson; Vice-President, A. Borel; Secre. Cable road (iron and cement) 5*75 Horse road................
. -68
do
second track___ 5*75
_____I
tary, A. Stetson; Treasurer, A. Borel & Co.; General Manager ana
Rails 43 lb. T •
Total owned in fee............12*18
Purchasing Agent, J. W. Harris.
OFFICERS—President, R. F. Morrow; Vice-President, J. L. Schmitt OFFICE— Corner California and Hyde streets, San Francisco, Cal.
Secretary, A. K. Stevens; Treasurer, M. Schmitt; Superintendent and
Purchasing Agent, J. Reynolds.
C A L IF O R N IA S T R E E T C A B L E -
O r g a n iz a t io n — Chartered Feb. 8,1877.
GEARY
A cable road.
STREET
PARK
Annual meeting the second
&
OCEAN
R R -
S A R A T O G A , N, Y.
O r g a n iz a t io n — Incorporated Nov. 5, 1878. Annual meeting first
Wednesday after second Tuesday in April.
P opulation in 1890 w as 13,171; in 1880 w as 10,820;
Date. Interest.
Outstanding. Maturity
S tock & B onds —
AND in 1870 WAS 8,537.
Stock (par $100).............. .......
....................... 5 10,000 shares,) See text.
S A R A T O G A T R A C T I O N —Trolley.
< $37*50 paid i n )
1st M., $750,000, gold .... 1891 5g A - O
$671,000 Oct. 1, 1921
O rganization , Et c .—Formed in May, 1897, as successor of the
Dividends have been irregular. In 1895 $3 per share; in 1896 $2*50 Union Electric Ry. foreclosed. Saratoga Lake RR. was leased, bu t
per share was paid in five dividends of 50 cents each.
subsequently absorbed by consolidation.
R oad —On Jan. 1,1898, owned 4 miles of double-track cable road
STOCK & B onds —
Date.
Interest. Outstanding.
Maturity.
Stock, $200,000......................................
$200,000^
....
M
laid with 72 lb. steel rails.
IstM ., $200,000 gold.. 1897 5 g. J-J
130,000
1926 *'
O f f ic e r s — President, C. F. Crocker; Vice-President, A. Grant; Sec.
Road —Owns from Saratoga to the lake, the race track and to Geyserretary and General Manager, J. L. Willcutt; Treasurer, N. T. Smith’
Purchas’g Agt., R. P. Schwerin. Office, 532 Market St., San Francisco* ville, 8 miles of road; sidings, H miles; total track, 8*27 miles. I »
March, 1898, extension to Malta and Ballston Spa was proposed.
Earnings -Operated only as a summer road. For year ending June
M A R K E T ST R E E T R A IL W A Y —
30,1898, gross, $9,316; net, deb., $605; charges, $7,012.
ORGANIZATION— Formed by consolidation of a number of companies,
OFFICERS—President, T. F. Hamilton; Secretary, Robert B. Smith;
including those whose bonds are in the table below. The Metropoli
Treasurer, R. S. Storrs, 40 W all Street, New York City.
tan Ry. has also been merged. (See V. 61, p. 750.) Persons identified
with Southern Pacific Ry. Co. are largely interested in this company.
STOCK & B onds —
Date. Interest.
Outstanding. Maturity.
Stock (par $ 1 00 )........
Q-J
$18,617,000 'Oot.ll,1
'98,60c.
Market St. Cable Ry., 1st) 1QoQ 6g. J - J
P o p u l a t io n 1890 W as $43,189; in 1880 w as 30,709;
3.000.
000
Jan. 1,1913
M., $1,000 gold....... c S
AND in 1870 w as 28,235.
Omnibus Cable Co. Is tM 1888 6 A - O
2.000.
000
Apr. 2,1918
C I T Y & S U B U R B A N R R . —A steam and trolley road.
2d mortgage.............. 1893
6 M -N
15,000
May 1,1923
Park & Cliff House 1st M 1887 6 J - J
O r g a n iz a t io n — Incorporated in April, 1882. Controlled in same
350.000
Jan. 1,1913
Powell Street 1st M .... 1887 6 M - S
700.000
Mar. 1,1912 interest as S. T. & I. of H., but will continue to be operated under*
Park & Ocean 1st M ... 1884 6 J - J
250.000
Jan. 1,1914 its own charter for the present.
Ferries & Cliff H. 1st M 1889 6 M - S
650.000
Mar. 1,1914
Market Str. Ry. consol..
STOCK & B onds —
Date.
Interest. Outstanding.
Maturity
M. for $17,500,000 g. 1894 5g. M -S
4,817,000
Sept.1,1924 Stock (par $100).......................................
..........
$50,000
1st mortgage (old 7s)
1882
6 M -N
200,000
Jan. 1, 1902
Interest is payable at Treasurer’s office, San Francisco.
2d mortgage (ol 7s)... 3883
6 Q-F
50,000
1903
D ividends Of 60 cents per share are paid quarterly.
In Nov., 18j 7, bondholders agreed to reduce interest on their
ROAD— Company ou Dec. 31,1897, owned track as follow s:
bonds from 7 to 6 per cent, in return their lien being extended to cover
Roads owned in fee—
Miles.
Roads owned in fee—
Miles.
Main line & brchs. (horse)... 20*06 Main line & brchs. (steam).. 20*00 the entire property of City & Suburban, inpluding extensions and
do.
do.
(trolley). 82*52
Total single track........... 182*56 electrical equipment and $250,000 of the new S. T. & Isle of H. 4s.
do.
do.
(cable)... 59*98
Rails 37 to 741 lbs. to yard.
2
First mortgage trustee, T. M. Cunningham. Interest payable at Sa
In April, 1898, it was stated that the steam road extending from vannah Bank & Trust Co.
Golden Gate Park to Ocean Beach would be equipped electrically. In
R oad —Operated 18 miles o f track, o f which 4 miles steam.
Aug. 1698, it was reported that the horse lines were being changed to
O fficers —P resident, James H. Johnston; Vice-President, Henry
electric, and that application had been made for additional franchises
Parsons; Sec’y, E. J. Thomas; Treas., E. J. Thomas, Jr.—V. 64, p. 755.
E a r n in g s —For year ending Deo. 31,1897,169 miles, gross earnings!
$3,406,606; net, $1,351,059. In 1896, 177 miles, gross, $3,259,989:
S A V A N N A H T H U N D E R B O L T & IS L E O F
net, $1,201,967. In 1895, on 158 miles, gross, $3,125,451; net, $1,091,
H O P E R Y . —A trolley road.
398. In 1894, on 128 miles operated, gross, $2,958,436; net, $978,149’
O r g a n iz a t io n — On May 29, 1897, the property of the Savannah
OFFICERS (Dec., 1897)— President, H. E. Huntington; Vice-President’ Traction was conveyed to this company without foreclosure. The
Charles Holbrook; Secretary and Controller, J. L. Willcutt; Treasurer' Traction was formed in January, 1897, as successor to the Savan
N. T. Smith; Purch’g Agt., R. P. Schwerin. Office. San Francisco, Cal
nah Electric Ry. sold in foreclosure Jan. 5, 1897 (V. 64, p. 85).
IN D E X -V . 61, p. 750.
The S. T. & I. of H. is controlled by George Parsons of New Y o rk ,
who also controls the City & Suburban, but that road will be operated
P R E S I D I O & F E R R I E S R A I L R O A D —An animal, at present under its own charter. See V. 65, p 621.
steam and cable road.
Date.
Interest. Outstand’g. Maturity.
(?)
'
O r g a n iz a t io n — Chartered Jan. 6,1882. Annual meeting the fourth Stock (?)........................................................
1st mortgage, $1,250,000,) 1897 4 cur., Q.-J. $1,250,000 J’iy i,i9 47
Friday in January.
gold, $1,000.............. c *)
Trustee, Central Trust, N. Y.
STOCK & B onds —
Date. Interest.
Outstanding.
Maturity.
Bonds of 1897 were issued in payment of the acquired property
Stock (par, $100)................................
....
R o a d — In Nov., 1897, owned about 30 miles track on 22 miles street.
1st mort., $250,000..............
6 M&N
$170,000
1911
OFFICERS (Oct., 1897)—President, George Parsons; Vice-President,
ROAD— In March, 1898, was operating l l ^ miles of road as follows:
J. H. F a ll; 2d Vice-President and General Manager, Jas. H. Johnston ;
Cable, 71 miles ; horse, 2 miles; steam, 2 miles; total track, l l L j miles Treasurer, Edward J. Thomas, Jr ; Secretary, Edward J. Thomas, Sr.
2
OFFICERS— President, G. A. Newhall; Secretary, John B . Leighton"
V. 64, p. 85,182, 755,1089 ; V. 65, p. 152, 621, 926.
Office, corner Union and Sharp streets, San Francisco.
SAVANNAH,
SCHENECTADY,
S U T R O R A I L R O A D C O .—A trolley road.
to build and opernte a road on Central
Avt*., etc., to the Cliff, with a branch line to the Park on 8th Avenue.
No bonds outstanding in November, 1898.
STOCK—
Pat*.
Authorised.
Outstanding.
Stock......................................
$10
$400,000
$240,990
ROAD.— Fire miles long (9*9 miles track), was opened Jan. 27,1896.
OFFICERS—President, Dr. Emma L . Merritt; Secretary, Theodore
Krauss; Treasurer, American Bank & Trust Co.; Supt., Robt. Jordan.
O
r g a n iz a t io n — Incorporated
S A N F R A N C IS C O & S A N M A T E O
T R I C R A I L W A Y - A trolley road.
ELEC
ORGANIZATION, E t c .— Successor in May, 1896, to S. F. & San M. Ry.,
sold in foreclosure. The corporation is a close one, there being only
five stockholders, and it is said to be “ doubtful if any bonds will be
issued.” Extensive improvements and additions are proposed in 1897
R o a d — Owns 21 miles of track.
OFFICERS—President, A. B. Spreckles; Vice-President and General
Manager, John A. Buck; Secretary, W. Clayton; Superintendent and
Purchasing Agent, S. B. McLenegan. V. 62, p. 684.
GA.
N. Y.
P o pulatio n 1890
w as 19,857; in 1880 was 13,655;
and in 1870 w as 11,026.
SCH ENECTADY
R A I L W A Y —A trolley road.
O r g a n iz a t io n —A reorganization in February, 1895, of the Schenec
tady Street Railway Co., which was chartered in 1886. Purchased by
the General Electric Co. in August, 1898, together with Schenectady
General Illuminating Co.—V. 67, p. 321.
S tock & B onds —
Date.
Interest.
Outstand’g.
Maturity.
Stock, par $100.......................................
$300,000
___
1st M., $300,000, gold, < 1895
5g. J - J
223,000
Jan. 1, 1925
$1,000.............. ..c* ( Interest at Merc. Trust Co., N. Y., trustee.
Bills payable June 30,1898, $3,500.
Firsts of 1895 are secured in part by $79,700 stock of Schenectady
Illuminating Co. deposited as collateral. Interest paid free of taxes
R o a d — Single track main line Brandywine to Bellevue 4*22 m iles;
second track and sidings, *7 miles; total of all track 4*87 miles.
L at e st E arnings Present company took charge in February, 1895.
Year.
Gross.
Net.
Oth. inc. Int.,tax.,ttc. Bal.sur.
1897-98.......... $33,454
$1,811
$24,178
$14,804
$11,185
1896-97.......... 30,188 df.2,636
21,772
14,249
4,887
S TR E E T
83
R A IL W A Y S .
OFFICERS- President, J. P. Ord; Vice-President and Manager, Theo
dore Stebbins; Secretary-Treas., J. J. Kennedy. Directors are J. P.
Ord, E. W. Rice, Jr., S. D. Greene, John Kruesi, J. R. Lovejoy, F. O.
Blackwell. Theodore Stebbins, H. C. Wirt and J. G. Barry, all of
Schenectady.—V. 60, p. 303;V.63,p. 716; V. 65,p .2 3 3 ; V.67,p.321.
SCRANTON, PA.
L e a s e — Under its lease the Scranton Railway Company guar
antees the interest and principal on $25,000 per mile of this com
pany’s bonds, and any surplus earnings after paying all taxes, insur
ance, interest on bonds guaranteed, etc., shall be divided between the
lessor and the lessee, one-fourth to the Scranton Railway and three,
fourths to Scranton & Pittston Traction.
E a r n in g s — Jan. 1 to Oct. 31,10 months, 1898, gross, $51,503; net,
$14,903. OFFICERS—President. L. A. Watres; Secretary, tt. C. Adams;
Treasurer, C. H. Mullin.—V. 63, p. 515.
P o pulatio n 1890 w as 75,215;
in 1880 was 45,850;
and in 1870 w as 35,092.
S C R A N T O N
R A I L W A Y - A trolley road.
ORGANIZATION—Incorporated in 1896, and on Jan. 1,1897, assumed
all the assets and liabilities of the Scranton Traction Co. (capital
$2,000,000), whose stockholders were offered exchange, share for
share, in the stock of the new company.—V. 63, p. 1064; V. 64, p. 85.
The following companies have been merged with the Railway Co.:
People’s Street Ry., Scranton Passenger Ry., Scranton Suburban Ry.
and Valley Passenger Ry. The Scranton Railway retains the special
charter of the old People’s St. Ry. of Luzerne County, granted in 1865.
The outline of the city is especially adapted to street railway business,
being only two miles wide and extending seven miles in length, be
tween two mountains, with no outlets except up and down the valley,
a ll of which are controlled by this company.
STOCK & B o n d s — Par. Date. Interest. Outstand’g.
Maturity.
$2,500,000
............. .
Stock ($6,000,000).. $50 ....................
Scranton T r a o - l s t l 1 0 0 0 1892 6 g M_N i )000,000
Nov. 1,1932
^ Id ,n o option c* 3Interestx at E - w - Clark & Co-’ Philadelphia.
Scran.’Pas.R y.lstM .1,000 1890 6 M -N
100,000
May 1,1920
Scranton Sub. 1st > 500&C 1890 6g. M -N
200,000
1909
M., g„ gu.,p.&i.e* > Trustee, Farmers’ L. & T. Co., N. Y.
Peop’sSt.Ry.lstM.g.1,000 1888 6g. F -A
200,000
Aug. 1,1918
Do
gen. M., g o ld ___ 1891
6g. J-D
100,000
Deo. 1,1921
Scranton Ry.M., $2,500,-) 1897 5g. J-J
900,000
Nov. 1,1932
000, gold ($1,000) .. c* > Trustee, Continental Trust, N. Y. City.
On June 30,1897, loans payable were $354,518. On June 30,1898,
had no floating debt.—V. 67, p. 127.
x Free of United States and Pennsylvania State taxes.
Bonds—Ot the $2,500,000 Scranton Ry. mortgage 5s of 1897, $1,600,000 are reserved to retire prior bonds at maturity.
ROAD—Owns and operates all the street roads of Scranton, having
an aggregate mileage as follow s:
Owned—
Miles.
Leased Miles.
People’s Street Railway.........25*3 Scranton & Pittston.............. 12
Valley Passenger Railway___ 8*2 Scranton & Carbondale.........
5
Lackawanna Val. Trao..........
4
Total owned........................34 ' Total operated.................... 55
E a r n in g s — Operations of the lines now composing the Scranton Rail
way, not including the suburban lines, have been as follow s:
10 months,
> 1 8 9 8 ................ Gross, $314,284; net, $156,400
Jan. 1 to Oct. 31. J1897................... Gross, 296,208; net, 146,655
For the year ending Deo. 31:
1897.
1896.
1897.
1896.
Gross............. $366,325 $353,814
170 $132,234
Oper. exp....... 179,974 185,940 Taxes,°&or^?! } $1 3 5 >
Net..................$186,351 $167,874 Bal., sur. for yr. $51,181 $35,640
The following shows growth of company’s business:
Gross eam ’gs 1895........ $299,322 i Gross earnings 1892......$190,531
“
“
1894........ 253,687
“
“
1891..... 161,541
“
“
1893......... 228,462 | “
“
1890..... 158,031
OFFICERS—President. C. M. Clark; Vice-President, J. P. Ilsley j Sec
retary and Treasurer, C. Ford Stevens, Bullitt Building, Phila.; General
Manager, Frank Silliman, Jr., Scranton, Pa.—V . 64, p. 85; V. 67, p. 127.
( 1 ) . SCRANTON & C ARBO NDALE TRACTIO S—A trolley road.
O r g a n iz a t io n — Incorporated in February, 1893.
The Scranton
Railway Company leases this company for fifty years and oper
ates the road and furnishes the power. Surplus earnings over interest
oharges and taxes are divided, one-third to Scranton Railway Co.
and two-thirds to Scranton & Carbondale Co.
S tock & B onds — Miles. Date. Interest. Outstand’g. Maturity.
Stock............................................................ $500,000 July 1,’97,1%
1st M., $1,000,000, g., C 5
1893 6 g. J - J
150,000 Jan. 1,1923
$1,000................. o* < Interest at Union Tr. Co., Phila., and LaokaxFree of State tax. (w an n a Tr. & Safe Dep. Co., trus., Scranton, Pa.
Bonds—The bonds are not subject to call; $100,000 are reserved for
building power plant, if required, and $750,000 for purchase of other
railroads and new property.—V. 66, p. 1141.
R o a d — Owns road extending from Scranton to Arohbald, Pa., about
5 miles; connects at Archbald with the Carbondale Railway Compa
ny’s road to Carbondale.
L a t e st E arnings —4 m os.) 1898...........Gross,$1 2 ,854; net, $6,204
July 1 to Oct. 31.
51897............Gross, 14,877; net, 6,208
ANNUAL R eport —Fiscal year ends June 30. Earnings have been:
Oro8s.
Net.
Oharges. Bal., sur.
1897-98.......................$38,443
$16,873
.......
1896-97....................... 40,817
19,119
9,917
9,202
1895-96....................... 39,376
21,380
9,914
11,466
OFFICERS—President, George A. Fletcher; Secretary, Percy S. Biekmore; Treasurer, George L. Mitchell.
(2.) SCRANTON & PITTSTON TRACTION.—A trolley road.
ORGANIZATION—Chartered Sept., 1893, and on Oct. 5, 1893, leased
for 50 years to Scranton Railway Company.
T h e ' Pittston
Company owns the entire capital stock of the Lackawanna Street
Railway and the Pittston Jenkins & Avoca Street Railway, and a
majority of the capital stock of the Pittston Suburban Passenger
Railway, operating their properties under lease.
STOCK & B onds — Miles. Date. Interest. Outstand’g
Maturity.
Stock (par $100)........................................ $1,050,000 .. ..
Mort. $525,000, g., ( 15
1893 6g. A -O
294,500 Oct. 1, 1923
$1,000 & $500 c* 2 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.
SEATTLE, W A S H .
P o p u l a t io n 1890 w a s 42,837; a n d in 1880 w a s 3,533.
F IR S T A V E N U E
R A I L W A Y .-
ORQANIZATION, ETC.—Successor in January, 1898, to the Front
Street Cable Ry., sold under foreclosure Jan. 8,1898. Stock, $150,000; par, $500. V. 66, p. 183. Receiver’s certificates for $40,000 and
bonds $300,000 are said to be outstanding. Line runs from First
(formerly Front) St. and King St., up First and Second aves.; 3 miles
of double track. In 1896 the Front St. Cable Ry. carried 798,996 pas
sengers; gross receipts were $38,017. Incorporators: O. D. Colvin, Fred
erick K. Struve, Maurice MoMicken and A. B. Stewart—V .66, p. 183.
GRANT
STREET
E L E C T R IC R A IL W A Y —
ORGANIZATION.—Chartered in 1891. Capital stock, $200,000. Bonds
$100,000. Operates 5*3 miles of track. Projected, l^ j miles.
STOCK & BONDS—
Date. Interest. Outstand’g. Maturity.
................
Stock, $200,000; par, $100............................ $200,000
IstM ., $125,000, gold, ($1,-) 1892
6g. M-S
100,000 Mar. 1,1912
000 each) subject to call >Int. at Atlantic Trust Co., N. Y., trustee.
at 104.............................) Sinking fund $2,000 yearly after 1897.
In year 1897 carried 512,070 passengers. Road turned over to com
pany by receiver Jan. 25, 1898. Officers (1898), President, N. H .
Latimer; Vice-President, O. L. Denny, Secretary, E. F. Blaine; Manager,
W. J. Grambs.
G R E E N L A K E E L E C T R I C R Y . - A trolley road.
O rganization.—Chartered in 1889 till 1915. The road is leased to
Seattle Consol. St. Ry. at a nominal rental. Stock (auth. $70,000),
issued $60,000; 1st mort. $50,000, 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.
M A D IS O N S T R E E T
CABLE
R A IL W A Y —
O r g a n iz a t io n .— Chartered in 1889.
Controls the South Seattle Cable
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 7 ^ miles of track upon 3‘6 miles of street. In year
1897 carried 1,279,074 passengers. President, H. G. Struve.
S E A T T L E
C I T Y R A I L W A Y - A cable road.
R e o r g a n iz a t io n — In Nov., 1898, road was still in receiver’s hands,
no date of sale had been fixed and no reorganization plan adopted.
Bondholders’ committee is Winthrop Smith and J. W. Longstreth of
Philadelphia and Albert Stone of Boston.
STOCK AND BONDS— Miles. Date. Interest. Outstand’g. Maturity.
Stock...................................................
$600,000 ...................
IstM ., $600,000, g...
5
1890 6 g .A -0
441,000 Oct. 1,1910
Interest Oct., 1893, and since in default; Central Trust Co., trustee.
R o a d — Owns about 5 miles of cable road on 5 miles of street in
Seattle, known as the Yesler Avenue and Jackson Street lines. Sub
structure has been practically rebuilt during the receivership.
RECEIVER is W. A. Underwood, 40 Wall St., New York.—V. 62, p. 950.
SEATTLE
T R A C T I O N C O .- A trolley road.
ORGANIZATION—A reorganization of the Seattle Consolidated St. Ry.
sold in foreclosure Dec. 1,1896—see V. 66, p. 141, and V. 67, p. 321.
STOCK & bo nd s —
Date.
Interest. Outstand’g.
Maturity
Stock $1,000,000 ($100).............................
$349,300
1st M. g., subj. call at 105 )
($500 & $1,000); int.
is [ 1897 6 g .A -0
73,100 Jan. 2,1927
preferred ......
0*1
1st M. g. incomes to Oct. )
1, ’99 ($500 & $1,000), > 1897
6g. A -O
456,488 J an. 2,1927
subj. to oall at 105......o* >
2d M. g. incomes, non-cum. i
A39.625 )
($1,000), A & B subj. to > 1897
6g. A -O
BJ98.015 5 Jan. 3,1927
call at par.............0* 1
Interest is payable at Illinois Trust & Savings Bank, Chicago, trus.
tees of both mortgages.
The first mortgage is for $1,000,000; bonds (Nos. 1 to 150 incl., $500
each) for $75,000 have interest preferred over all other bonds until
Jan. 2,1907; (Nos. 151 to 218 incl., $1,000 each) $68,000 have interest
preferred to Oqt. 1, 1899, subject to the $75,000 above mentioned,
but none of these latter bonds had been issued to February, 1898;
(Nos. 219 to 318 incl., $500 each, and 319 to 725 incl., $1,000 each)
$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.
EARNINGS— For the year 1897, gross, $91,453. In 1896 the old
company reports receipts from passengers, $66,096; other receipts
$14,789; total, $80,885, against $75,290 in 1895.
R oad —Owns 13'72 miles of track and leases 4-68 miles.
Treasurer, Allen B. Forbes, 204 Dearborn St., Chicago.
INDEX—V. 64, p. 235; V. 66, p. 1141; V. 67, p. 321.
S E A T T L E & R A IN IE R
B E A C H R Y . —Trolley.
ORGAN ization —A reorganization of Rainier Ave. El. Ry. foreclosed.
STOCK & B onds —
Date. Interest. Outstand’g. Maturity.
Stock, (par, $100) ($95,000)........................ $75,000
..................
First mortgage, $40,000 ( 1895
5 F -A
20,000
Aug. 1,1901
(par, $5,000)................. ) Interest atSeattle, Wash.
On May 1,1898, had little indebtedness, except bonds.
EARNINGS —For 4 months ending April 30: In 1898, $6,642; in 1897
$4,713; in 1896, $3,225.
84
STREET
ROAD—Operates 13*35 miles of track, extending from Seattle to
Benton, including Seattle & Renton Ry. extension from Rainier Beaoli
to Benton. Rails, 30-56 lb. T and girder. General Manager and Pur
chasing Agent., F. H. Osgood. Franchise runs till 1915.
U N I O N T R U N K L I N E —An electric and cable road.
STOCK & B onds —
Date. Interest. Outstanding.
Maturity.
Stock (par, $100)................................
$1,000,000
.......... .
1st M., $500,000, gold, [ 1891
6g.J-J
500,000
Jan. 1, 1911
$1,000................ o.* > Interest at Central Tr. Co., trustee, N. Y. City.
Road —Operates 13*64 miles of electric and 1*36 miles of cable road.
President, M. H. Young; Sec., J. D. Lowman; Treas., R. R. Spencer.
W EST
SEATTLE
RAILWAYS,
SHENANDOAH, PA.
P o p u l a t io n in 1890 w a s 15,944; i n 1880 w a s 10,147.
SH EN ANDOAH
S IN G SING, N. Y .
CABLE-
O r QANIZATION—Capital stock, $150,000; track, 2 m. Pres., H. S. King.
W EST STR EET & NORTH
T R I C R A I L W A Y —A trolley road.
E L E C T R I C S T R E E T R Y .—
To be a trolley road.
Incorporated in 1898 to construct an electric railway between Shen
andoah, Ringtown and other towns in the Catawissa Valley. Total
track to be 6*2 miles. In April, 1898, under construction. President,.
Hamilton Godfrey, Reading, Pa.; Vice-Pres., H. C. Geissner, Reading
Pa.; See., H. D. Rentsehler, Ringtown, Pa.; Treas., J. W. Johnson,
Shenandoah, Pa.
END
ELEC
STOCK & Bonds —
Date.
Interest.
Outstand'g.
Maturity.
................
Stock.......................................................
$1,000,000
IstM ., $300,000, g...c. 1890
6 M-S
300,000
Sept., 1910
R oad —Ten miles of road on 6 miles of street. In April, 1898, it was
stated that extensions were contemplated during 1898.
EARNINGS—For year 1897, gross, $28,363; net, $13,277. President
and Treas., S. L. Shuffleton; See’y, W. A. Walthew; Supt., O. Elmore.
P o pulatio n
in 1890 w as 9,352 ; in 1880, w as 6,578 ;
and IN 1870 WAS 4,696.
O S S IN IN G E L E C T R I C R A I L W A Y —
O r g a n iz a t io n —Chartered April 30,1892. Securities, etc., as follows,
In November, 1897, John V. Cockroft was appointed receiver.
Stock $100,000, par $100.$100,000
Earnings —Y earsending June30.
1st mort. 6s, J -D ........... 100,000
1897.
1896.
Interest in default.
Gross................ $19,738 $20,716
Bills payable, etc., June
N e t ..................
797
82030, 1897......................
6,491 Charges ..........
6,799
730*
Road —2*76 miles of track.
sur. 90
Balance............ df.6,002
—V. 65, p. 925.
W O O D LA N D P A R K E L E C T R IC R A IL W A Y ORGANIZATION—Capital stock, (?).
track. Not in operation April, 1898.
Bonds, $50,000. 1*5 miles of
Douglas Young, Secretary.
S E D A L1 A , MO.
P o pulatio n 1890
w as 14,068; in 1880 w as 9,561;
and in 1870 was 4.560.
S E D A L IA E L E C T R IC A N D R A IL W A Y —
O r g a n iza tio n , E t c ,—Organized in October, 1898, as a consolidation
of the Sedalia Ry. Light & Power and the Sedalia & Brown Springs
Electric Ry. — 67, p. 483. Owns franchise for a road on all streets of
V.
city, and also franchise to operate electric-light plant. Has lighting
contract with city, which expires 1899. The new company, it was said,
contemplatedmaking improvements, but no extensions for the present.
STOCK & B onds —
Date. Interest. Outstanding. Maturity.
Stock $200,000, par $100. ........................
$200.000
.............
Sed. E. & L. & P. mort.,g. 1892 6g. F -A
200,000 Aug. 1,1912
SeMa $80 000 s 1 W
f
S
l
1894
6 J_D
50,000 Deo*1>1914
guar ^gold J 1
q* £ Trustee, Trust Co. of America at Phila.
New mortgage, 1898..................................
..............................
The bonds of 1892 and 1894 are subject to call at 104 and interest,
and in November, 1893, the company was preparing to redeem and
refund them by means of a new loan.
EARNINGS— For year ending July 31,1897 (old Co.), gross, $44,137;
net, $24,674. In 1895-6, gross, $41,506; net, $20,941.
Road —E lec. Ry. L. & P. owned 12 miles of single track; Brown
Springs, 3 miles; total, 15 miles.
O f f ic e r s —President, S. H. G. Stewart, 40 Wall St., N. Y.; Vice-Pres
ident, John D. Crawford, Sedalia, Mo.; Secretary and Treasurer, Calton
H. Reeve, New York.—V. 67, p. 483.
S H A M O K IN , P A .
po pu lation
IN 1890 w as 14,403 ; in 1880 w as 8,184 ;
in 1870 was 4,320.
S H A M O K IN & M T. C A R M E L
E L E C - R Y .—
STOCK & BONDS— > Date. Interest.
Outstanding.
Maturity.
Stock, $500,000 ($50)..
..................
$500,000 ..................
Bonds.......................... 1893
6 J-D
500,000 Dec. 1,1923
Bills payable Jne.30, ’97 .......
.......
39,250 ..................
R oad —Shamokin to Logsville, Green Ridge, Mt. Carmel, Cunning
ham and Centralia, 16LJ miles. For year 1896-97, gross, $57,747; net
$29,823; interest, taxes and rentals, $28,945; balance, surplus, $878|
President, G. M. Smith; Secretary, H. R. Snavely; Treasurer,O. Smith.
S IO U X
P opulation
C IT Y ,
IO W A .
in 1896 (school directory census) .
about 47,000; in 1890
w as 37,806; and in 1880 w as 7,366.
C E N T R A L T R A C T I O N C O .- A trolley road.
O r g an izatio n - S uccessor to the Sioux City Cable Ry., sold in fore
closure in October, 1895. Stock, $150,000; no bonds. Track, 7 miles.
R I V E R S I D E P A R K R A I L W A Y —A trolley road.
SALE—Sold in foreclosure in November, 1895, to Baltimore Trust <
fc
Guarantee Co., trustee for first mortgage bondholders, for $338,000.
In May, 1897, no reorganization had been accomplished.
ROAD—Extends a distance of 8*85 miles, including % mile in the cityleased from the Sioux City Railway.—V. 61, p. 282.
S IO U X
C IT Y & L E E D S
E L E C T R IC
R Y -
STOCK & BONDS—
Date. Interest. Outstand'g.
Maturity.
Stock, $200,000, par $100...........................
(?)
..........
1st mortgage, gold............. 1892 6 g.J-J
$125,000
Jan., 1912
Interest was payable at Gilman, Son & Co.’s, New York City.
ROAD— From Sioux City to Leeds, about 5 miles.
O fficers —P resident, O. Darlington; Sec. and Treas., C. O. Peirce.
S I O U X C I T Y T R A N S I T R Y . - A trolley road.
ORGANIZATION—Successor in September, 1898, to Sioux City Rapid
Transit, sold in foreclosure in February, 1895. Stock, $200,000.
Bonds, $100,000,1st mortgage 20 year gold 6s, dated Oct. 1,1898, all
issued. Operates 8 miles track, of which part elevated. President r
A. M. Jackson; Secretary and Treasurer, A. H. Giehm.
S I O U X C I T Y T R A C T I O N - A trolley road.
O rganization , Et c .—Chartered in May, 1894, with authorized capi
tal of $1,000,000 to succeed the Sioux City Street Railway, sold in
foreclosure. Capital issued, $630,000, of which $626,600 was given
in exchange for $525,000 old first mortgage bonds. No bonds. Bills
payable June 1,1897, $56,991.
Road —Owns 19*46 miles of track on 13*21 miles of street.
YEAR’S EARNINGS— For year ending May 31,1897, gross, $77,239
net, $13,799; other income, ¡81,097; interest on loans, $2,387; other
expenses, $1,729; balance, surplus for year, $10,780.
OFFICERS—President (Sept., 1896), M. L. Kohler, Philadelphia; Sec.
and Treas., C. B. Oldfields, Sioux City.
S P E N C E R , M ASS.
P o pulatio n 1890
SH AR O N, PA.
P o pulatio n 1890 w as 7,459;
in 1880 w as 5,684;
and in 1870 w as 4,221.
V A L L E Y S T R E E T R A I L W A Y . - A trolley road.
ORGANIZATION—Chartered in 1895 to succeed Shen. Val. St. Ry.
STOCK & B o nds —
Date.
Interest. Outstanding.
Maturity.
Stock......................................................
$150,000
.......
IstM ., $*0,000, gold___ 1892
6g. M -N
‘>0,000
1912
2d M., $25,000, gold...... 1894 6g. i-J
25.000
1914
Trustee of both mortgages is Union Trust Co. of Pittsburg, Pa.
Earnings —For year ending June 30, 1897, gross, $12,790; net,
$2,235. In 1895-6, gross, $19,010; net, $4,105; taxes, eto., $5,199.
dividends, $1,500; bal., def. for year, $2,594. In 1894-5, gross, $5,250’
R oad —The road extends from the borough of Sharon, through the
town of North Hickory, and the borough of Sharpsvillo, < e l sngth of
road being 4*45 miles; gauge of track 5 feet 2Lj inches
OFFICERS— President, A. M. Jolly; Secretary, A. R. Leyda, Beaver
Falls; Treasurer, A. Me Dowell. Sharon.
S H E B O Y G A N , W IS .
P o pulatio n in 1890 w as 16,359;
in 1880 WAS 7,314; in 1870 was 5,310.
SH EBO YGAN
L IG H T P O W E R & R E
ORGANIZATION, Et c .—Owns 14 miles of trolley and light plant with
71 miles of wire. Capital stock, $100,000; first mortgage, 5 per cent
($1,000) gold bonds, $225,000, dated 1896, due April 1,1926; interest,
A. & O. at Mercantile Trust Co., N ew York, trustee. For year 1896
net earnings were $24,900; interest charge $11,250.
OFFICERS—President, G. B. Mattoon; Vice-President and Manager,
J. M. Salmann; Secretary, E. L. Debell.
w as 8,747; in 1880 w as 7,466;
and in 1870 was 3,952.
W A R R E N B R O O K F IE L D & S P E N C E R ST.
R Y . —A trolley load. Population tributary estimated at 25,000.
STOCK & Bonds —
Date.
Interest. Outstand'g. Maturity.
Stock ($150,00")...........................................
$150,000 ...............
1st M l g., $125,000, s. f. ( 1896
5g. M -N
125,000 Nov. 1,1916
aft.Nov. 1/99 ($l,000)o. < Int. at Int’l Trust Co., Boston, Trustee.
Sinking fund is $2,000 annually on and after Nov. 1,1899.
ROAD— Owned in July, 1898, 20 miles of track connecting Warren,
Brookfield, North Brookfield, Spencer, etc.
EARNINGS—Year ending Sept. 30,1897, gross, $33,687; net, $7,223 ;
taxes and interest, $5,986; balance, surplus for year, $1,242.
SPOKANE, W A SH .
P opulation 1890
w as 19,922 ; and in 1880 w as 350
A R L I N G T O N H E I G H T S M O T O R R Y - — 2 miles;
of trolley track. Stock, $50,000. First mortgage 5s, M. & S., Franklin
Trust Co., Brooklyn, N. Y. trustee. President, W. Hughson.
C I T Y P A R K T R A N S I T . - A trolley road.
O rganization Chartered in July, 1889. Franohiseruns till 1919?
Company said to be controlled by Washington Power Co.
STOCK (NO B o nds )—
Authorized. Outstanding.
Stock...................................... $250,000
$250,000
Full paid.
“ No incumbrances of any nature on the property ” Jan. 1,1895.
Road , E t c .—Owns 6 miles of trolley and large public pavilion.
President, D. Glass; Secretary and Treasurer. C. Glass.
SPO K A N E & M ONTROSE M OTOR RR.
R oad ETC.—Operates 3:>4 miles of trolley track. Stock, $50,000par $100. 1st mortgage 6 s, M-S. $40,000, due March 1,1902; Trus
tee. Provident Trust Co. of Boston; Pres, and Gen. Man., C. G. Reeder.
STKEET
85
RAILWAYS.
S P R IN G F IE L D , O H IO .
W A S H IN G T O N W A T E R P O W E R SYSTEM SPO K ANE STREET R A IL W A Y , E tc .
R eo rganization —U nder plan of June 30,1897, stockholders paid
Assessment of 10 p. c. in cash, or 40 p. c. in stock (which stock was r e
■old), to provide for unpaid coupons, floating debt, etc., and bond
holders had their interest reduced from 6 to 4*2 per cent. No new
bonds were issued. The Washington Water Power Company controls
the following companies, which, while separate corporations, are
treated asif one property: Spokane Street Railway, chartered Deo. 13,
1886; Spokane Cable Railway; Spokane Electric Railway.
STOCK & Bo n d s — Milts. Date. Interest. Outstand’g.
Maturity.
Stock............................................................ $500,000
.................
Spok.Ca.Ry.Co.lstM., > .. 1888 4%(6)g.J-J* 150,000 July 1,1908
$150,000,g ,$l,000.o iSubject to call 15 bonds y’rly from July 1,1898
8pok.St.Ry.Co.lstM.,)
1891 4*2(6)g.M-S 350,000 Mar. 1,1911
$350,000, g., $1,000. 5Subject to call S5 bonds* y’rly from Mar 1,1901
S p o jk m e E le e .^ .C o .1
1891 4 ^ (6 )g.M -N 100,000 Nov. 2,1911
ChiM * * &i°(end’) ° ) Sut)j ect 40 cal110 bonds* y’rly from Nov. 2,1901
WashingtonW. P. mtge. .. 1889 6
J-J 470,000 July 1,1909
Edison Elec. 1 1 Co.,)
1.
.. 1893 6
J-D 250,000 ..................
guar. p. & i.............5 Subject to call, 3 per cent yearly at 110.
* The bonds are o be oalled in numerical order beginning with the
bonds of lowest number.
Interest is payable at Franklin Trust Company, Brooklyn, N. Y.
Trustee of the cable mortgage is First National Bank of Spokane; of
other mortgages, the Franklin Trust Company.
r o a d —System consists of 36 miles of trolley road, the cable
ine having been changed to trolley. Rails 30 to 40 lb. T •
OFFICERS— Elected March, 1896: President, J. D. Sherwood; Vice
President, F. Lewis Clark; See. and Gen. Man., D. L. Huntington.
S P R IN G F IE L D
R A I L W A Y —A trolley road.
O rganization —'Chartered in 1892.
STOCK & B o n d s Date. Interest. OxUstauding. Maturity.
1st mortf$500^00<L gold'.*.
1893 4 (6) J-J
’ SOO’.OOO J an.
Interest at Solicitors’ Loan & T i . (Trustee), P h il5
85,000
.............
2d M., income, $150,000..............
Interest on firsts was reduced temporarily in 1895 from 6 to 4 percent. A t the annual meeting in November, 1897, it was stated that
prospects for payment of interest at 6 per cent, in time, were good
ROAD—Owns in fee 25 miles of track.
EARNINGS- Calendar year 1897, gross, $77,280; net, $32,302; int.
$20,000; bai., $12.302. In 1896, gross, $73,472; net, $28,295.
OFFICERS—President, W. B. McKinley; Vice-President, R. S. Hunters
Secretary, W. 8. Hood ; Treasurer, W. G. MacFarland.
S P R IN G F IE L D , V E R M O N T .
P o pulatio n
S P R IN G F IE L D E L E C T R IC RY.— A trolley road.
ORGANIZATION.—Completed in 1896 from Springfield to Springfield
Station, 5‘3 miles, and work stopped for want of funds; about $100,000'
needed to complete the road to Charleston, making 6 miles in.
Capital stock, common, (auth.) $75,000; issued $53,300; 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 Sept. 1, 1896due Sept. 1,1916. Trustee, International Trust Co., Boston. President
Adna Brown; Treasurer, C. E. Richardson.—V. 64, p. 1043.
STAM FO R D , CONN.
S P R IN G F IE L D , IL L
P o pulatio n 1890 w as 24,963; in 1880
and in 1870 was 17,364.
w as 19,743;
S P R IN G F IE L D CO NSO LID A TED R Y .O r ganizatio n .—A consolidation of the People’s Electric Railway
and the Springfield City Railway, the latter incorporated Feb. 18,1861.
S to ck & B onds — Miles. Date. Interest Outstand’g.
Maturity.
8tyk ($750,000auth.) .......
................ $750,000
. ......
People’s Elee. 1st M.......... 1891 6 A -O
100,000
Apr. 1,1911
Springfield City Ry. ( 10 1890 6 M-S
125,000
Mar. 1,1910
1st M., l a w f u l }
Subject to call at 105 after Mar. 1,1895
money, $l,000..c. L
Interest at Mercantile TrustCo., N.Y. City.
Springfl’ld Con. Ry. ( 22 1893 text J-D
418,000
June 1,1933
Consol, mort. fo r } Interest at Columbia Trust Co. (Trustee), Louis$750,000 gold.... ( ville, Ky. June, 1897, interest was paid.
Sufficient bonds of ’93 are reserved to retire all prior liens at maturity.
O f the $525,000 outstanding $107,000 are held by the Treasurer.
Adjustment—In September, 1897, floating debt was $63,000, and
consol. 5 per cent bond coupons due Deo. 1,1897, were canceled and
nterest 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 July, 1898, it
was hoped that in view of the semi-annual earnings for the first half
of 1898 the company would be able after 1901 to meet the full inter
est on its $750,000 bonds.—V. 67, p. 224.
Road —In Feb., 1897, owned 24 miles of trolley track in the City of
Springfield. Rails 40 and 60 lb. T.
E arning s —For six njonths ending June 30,1898, gross, $57,402; net,
$23,173, against $14,984 in 1897. For 1897, gross, $105,123; net,
$41,560. For 1896, gross, $101,850; net, $39,442; interest, $38,400.
OFFICERS-— President, William Jarvis; Vice-President, B . Wilson;
Treasurer and Gen. Man. C. K. Minary. V. 65, p. 730 V. 67, p.224.
in 1890 w as 2,881; in 1880 w as 3,144;
IN 1870 was 2,937.
P o p u l a t io n 1890 w a s 15,685; in 1880 w a s 11,297;
a n d in 1870 w a s 9,714.
STAM FORD STREET R R — electric road.
An
O r g a n iz a t io n — Incorporated Feb. 24,1886. Control was obtainedby the New York New Haven & Hartford RR. in 1895.
STOCKj BONDS Et c —
Date. Interest. Outstand'g. Maturity~
Stock, $100,000’($50)..................................
$92,240
... . . . ....
1st mortgage, $75,000 auth. 1886 5 F -A
75,000 Aug. 1,1909^
Oct. 1,1898, bills payable...........................
146,627
............. .
ROAD—11 '25 miles of track. Electricity introduced in 1895.
EARNINGS—In year ending September 30,1898, gross, $48,561; net
$8,980; taxes, $1,500; interest, $3,750. In 1896-97, gross, $40,266.
OFFICERS.— President, Col. N. H. Heft, New Haven, Conn.; Secretary
and Treasurer, W. L. Squire.
S T A T E N IS L A N D , N. Y .
P o pulatio n 1890 w as 51,693; in 1880
IN 1870 WAS 33,029.
N E W
YO RK
& STA TEN
w as 38,991
I. E L E C T R I C C
o
-
O r ganization —This company in December, 1897, increased itsstock from $500,000 to $1,500,000, and purchased the stock of the
Staten Island Electric RR. A traction company, it was found, could
not legally operate a lighting company, and therefore it was arranged
that the lighting company should control the railway. In April,
1898, the company made a mortgage for $1,000,000 to the Colonial
TrustCo., as trustee; no bonds had bden issued in November, 1898.
President, G. B. M. Harvey; Vice-President and Treasurer, J. H .
Swinarton.—Office, West New Brighton, N. Y.—V. 66, p. 857.
STA TEN
IS L A N D E L E C T R IC
R R * -Trolley.
O r g a n iz a t io n —Incorporated under the laws of the State of New
S P R IN G F IE L D , M A S S .
P o pulatio n 1890 w as 44,179; in 1880 w as 33,340;
in 1870 WAS 26,703, AND IN 1895 (LOCAL CENSUS), 51,522.
S P R IN G F IE L D STREET RY.— trolley road.
A
ORGANIZATION.—In
corporated M 5,1868.
arch
STOCK—
Date. Interest.
Stock $1,200,000 ($100) .......
Text.
Bonds (subject to call j 189 5 4 ^ A _0>
{tit* A p L ly X w v v ) )
Outstanding.
Maturity.
$1,458,400
Text.
300,000 April 1,1910
B a i f A p r bl e i 9 i l ) CaUi 1896 412 A ' - ° '
200,000 April 1,1916
Loans and bills paj able Sept. 3 0 ,1898, $5,174.
The bonds of both issues are for $25,000 each.
D ividends —I n years 1893 to 1898, inclusive, 8 per cent per annum.
New Stock—In April, 1898, the Mass. RR. Commissioners approved
he issue of $291,700 new stock for improvements, making total stock
$1,458,400.—V. 66, p. 135, 762, 860.
ROAD.—Owns 66‘995 miles (including 11‘535 miles second track) of
main track and 4'39 miles of sidings; total Oct. 1,1898,66'995 miles. In
October, 1898, extension to Westfield, about 10 miles, was reported to
be proposed.
E arning s .—For years ending Sept. 30 earnings have been:
1898.
1897. I
1898.
1897.
Gross earn’gs ..$5-3,050 $554,312 1Divs. pd. (8p.c,).$93,336 $93,336
N e t ................ 152,651 1 5 1,5 8 7 I Bal. for year....
1,869
4,876
Taxes, etc
...... > 5 7 440
53 3 75 Tot.sur.Sep.30. 263,161 165,442
'Htcrc t. . . . . . . )
9
OFFICERS —President, John Olmsted; Secretary, Gideon Wells; Treas
urer and General Manager, A. E. Smith.—V. 63, p. 1061; V. 65, p.
1022; V. 66, p. 135, 762, 860.
S P R IN G F IE L D , MO.
P opulation 1890
w as 21,850; in 1880 w as 6,522;
AND IN 1870
W as
5.555.
S P R IN G F IE L D T R A C T IO N CO.
ORGANIZATION.—Successor in 1895 to Metropolitan Electric Ry.
Stock, $400,000. Bonds $300,000. Said to operate 15'8 miles of track
on 12 miles of streets. President, Charles M. Parker.
York December 11,1894. Owns a through line from South Beach toHolland Hook, where, by means o f a ferry, it connects with the Con
solidated Traction Co. of New Jersey, and with a belt line around StGeorge and a spur up the Richmond Turnpike to Silver Lake. Thecompany 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.
S tock & BONDS—
Date. Interest. Outstand’g.
Maturity.
Stock, $1,250,000....................................... $1,250,000
............. .
, -„
« I oka non
51895 5 g., M-N
1,250,000 May 1, 1945ls t M., gold, $1,250,000... | Trustee, Knickerbocker Trust Co., N. Y ls t consol, mort., $2,000,-(1896 5 g .,M -N
$776,000 May 1,1946
000, gold....................c* l Trustee, Guaranty Trust Co., N. Y.
Consols cover all franchises and property, and also, subject to thefirst mortgage of 1895, $260,000 stock of the N. Y. Investment & Im
provement Co. now deposited with Knickerbocker Trust Co. as trustee
of first mortgage. Of the consols, $1,250,000 will be reserved for the
retirement of the firsts, and the balance used for extensions in the in
terior of the Island.
ROAD—Road from South Beach to Holland Hook, 10-7 miles; branch
to Richmond Ave., 6-36 miles; second track, 12'13 miles; total track29‘23 miles; 90-lb. girder Cambria and 84-lb. girder Johnson steel rails.
Equipment—25 open and 25 vestibuled closed cars, Brill, heated and
lighted by electricity.
E arnings — Por year ending June 30, 1898, gross, $186,128; net,.
$5,656; other income, $598; fixed charges, $23,094; deficit, $16.610.
In 1896-97, gross, $137,917; net, $31,287. For 3 months ending Sept.
30, in 1898, gross, $76,794; net, 36,626 In 1897, gross, $62,208; net,
$32,931.
OFFICERS— President, G. B. M. Harvey—V. 65, p. 1222.
S T A T E N I N L A N D M I D L A N D R R . —A trolley road.
ORGANIZATION —Chartered Dec. 1, 1890. On Aug. 19,1895, reor
ganized without change of name. Operates the line of the Staten
Island Traction Co., sale of which has been set for May 26.
STOCK dfc B o n d s —
Date.
Interest.
Outstand’g. Maturity.
Stock, $1,000,000........... ........................
$1,000,000
.............
1st mortgage, $1,000,000,5 1896
5 g. J-J
1,000,000 Jan. 1 ,1926gold ($1,000).............c* (In t. at Farmers’ L. & Tr. Co., N. Y.,trustee
86
STKEET
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 85 to 70 lb. T rails and 90 lb. girder.
E arning s Year ending June 30,1898, gross, $123,259; operating
expenses about $75,Of 0; fixed charges, $50,000; other interest about
$4,000; def., about $5,741.
O fficers —P resident and Gen. Man., W. B. Rockwell, New Brigh
ton, 8 .1.; Vice.-Pres., Robert Wetlierill, Chester, Pa.; Sec., H. T. W al
ter, West Brighton, S. I.; Treas., Richard Wetherill, Chester, Pa. Gen
eral offices, Stapleton (S. I.), N. Y.- V. 62, p. 504.
RAILWAYS.
E arnings —For fiscal year 1896-97 net earnings were $12,850; about
$8,900 was spent for additional equipment, new track, etc. In 1897-8
earnings were sufficient to provide for interest, improvements, exten
sions, &c. July 30,1898, had no construction account or floating debt.
OFFICERS—President, L. H. Hole, 11 Pine St., N ew York; VicePresident, W. N. Color, Jr., 34 Nassau St., N. Y.; Secretary and Treas
urer, George B. Blanchard, Tacoma.
C IT Y
PARK
STOCKTON, CAL.
P o pulatio n
in 1890 w as 14,424; in 1880 w as 10,282.
S T O C K T O N E L E C T R I C R R . —A trolley road.
S tock & B o n d s —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.
S T R E A T O R , ILL.
P o pu latio n 1890 w as 11,414; in 1880
w as 5,157
and in 1870 w as 1,486.
STR EATO R
R A I L W A Y —A trolley road.
Interest due Jan, 1, 1895, and since has not been paid.
R e c e iv e r s h ip — Sold under foreclosure Oct. 7,1898, to Receiver CS. Barr, the principal bondholder.—V. 67, p. 843.
S tock & B onds —
Date. Interest. Outst'd’a. Maturity.
Stock.....................................
t
non
ist M., gold ($1,000)...c *& r.< 'i‘ 91 6g.'j-J15 160,000 ja n 'i 5 ,1 9 li
8
Jan., 95, coupon unpaid.. \ Trustee is Farmers’ Loan & Trust, N. Y.
R o a d — On Aug. 12,1895, owned 5 % miles of track. Rails 56 lb. girder.
O fficers .—P resident, P. F. Barr.—V. 63, p. 970; V. 67, p. 843.
SU N B U R Y, PA.
.Po pulatio n 1890 w as 5,930; in 1880 w as 4,077;
IN 1870 WAS 3,131, AND IN 1898 (ESTIMATED) 10,000.
SU N B U R Y & N O R TH U M BER LA N D
T R I C R A I L W A Y - A trolley road.
EL E C
ORGANIZATION— Chartered June 24,1885, as Sunbury & Northumber-
and Street Railway. Reorganized May 28,1892, after judicial sale.
STOCK & B onds — .
Miles. Date. Interest. Outstand’g. Maturity.
Stock, $125,000 (par $50)................. ..........
$125 000
First mortgage, gold....... c* 3-2 1892 6 g. J-J
65,000
Loans (unsecured) July 1,:98 ..........................
’
24,600
R o a d — Owns 3-9 miles of track in Sunbury and Northumberland.
E a r n in g s — For year ending June30,1898, gross, $19,354; net, $3,959.
interest and taxes, $4,013; bal., deficit for year, $54. In 1896-7^
gross, $16.831; net, $3,130; int. and taxes, $4,141; bal., deficit, $1,011.
In 1895-96, gross, $15,976; net, $3,141.
OFFICERS—Pres., Daniel Coolidge; Sec. and Treas., S. P. Wolverton.
S U P E R IO R , W IS . — See W est Superior .
S Y R A C U S E , N. Y .
P o pulatio n 1890
w as 88,143; IN 1880 w as 51,792;
and in 1870 w as 43.051.
SYRACU SE
R A P ID T R A N S IT R e
o r g a n iza t io n —I ncorporated May 21,1896, per plan in V.
S tock & Bonds —
~ Date. - Interest. Authorised.
62, p. 644,
Maturity.
Common stock................
$2,750,000
Preferred 6 p. c., non- cum...........
1,250,000
People’s RR., 1st mtg...... 1891
5 J -J
750,000 Jan. 1,1921
Mort. ($3,250,000) go ld...) , QQß
1896
5g. M-S
2,500,000 Mar. 1,1946
($1,000)..............c* £ 1896
Guaranty Trust Co., N. Y., trustee.
2d mortgage, $500,000.. 1898
.......
(1)
The Rapid Transit mortgage of 1896 is for $3,250,000, of wide!
$750,000 of bonds is reserved to retire the People’s RR. firsts. Ir
Oct., 1898, a second mortgage was authorized to provide for improve
ments, on which it was proposed to borrow $200,000. V. 67, p. 843.
EARNINGS—Jan. 1 to Sept. 30, 1898 (8 months), gross, $335,934,
against $317,319 in 1897. Year ending June 30,1898, gross, $451,952; net, $200,638; other income, $8,6 6 0 ; charges, $176,756; surplus
$32,542. For year ending June 30,1897, net, $178,074.
ROAD— The length of the lines is about 60 miles.
DIRECTORS—Charles R. Flint, L. K. McClymonds and Edward C.
Jones, of New York; Theodore H. Conderman, Philadelphia; A. C
Chase, Wiliam P. Gannon and Willard R. Kimball, Syracuse; H. DCoffinberry, Cleveland, O.; William M. Brown.—V. 67, p. 738, 842
R A I L W A Y —A trolley road.
O rg anizatio n , Et c .—Stock, $25,000; 8 miles of track; gauge, 3*2
ft. rails, 40-lb. T ; 15 cars, of which 13 are motors.
TAR ENTUM , PA.
P opulation 1890
w as 4,627; in 1880 w as 1,245;
and in 1870 w as 944.
T A R E N T U M T R A C T I O N . —A trolley road.
O r g a n iz a t io n — Chartered in 1890. Stock $50,000; par $50; 1st M.
$100,000, gold, 1894, 6g., J - D , due Dec. 1,1924, but subject to call
after Dec. 1,1904. Fidelity Title & Trust of Pi’ tsburg is trustee.
R o a d - -4-7 miles of track and ^ mile of sidinj in Tarentum and sub
urbs. Rails 68 lb. girder. Year ending June : 0, 1897, gross, $19,282;
net, $4,650; Interest and taxes, $6,381; balance, def. for year, $1,731
President, C. G. Hussey; Sec., J. B. Cranford; Treas., Frank R. Dravo.
TAUNTON,
M ASS.
P opulation 1890 WAS 25,448; in 1880
AND IN 1870 WAS 18,629.
was 21,215
P R O V ID E N C E & T A U N T O N S T R E E T R Y O r g a n iz a t io n — Owns trolley road from the centre of Providence
to and through Taunton, about 13 miles. Trackage from Taun
ton over Brockton Bridgewater & Taunton Street Ry. to Brockton.
Operated from June 25, 1898. Stock, $175,000; all outstanding.
Bonds, $200,000 1st mort. 20-year gold 5s, dated Sept. 1,1898, $1,000
each, Amer. Loan & Trust Co., Boston, Trustee; issued *150,000,
$50,000 being held by trustee, to be issued for new property. June
25 to Sept. 11,1898, gross, $30,701. President, J. J. Whipple; Treas.,
P. L. Saltonstall.
T A U N T O N S T R E E T R A I L W A Y —A trolley road.
O r g a n iz a t io n — incorporated Feb. 12,1870.
STOCK & B o n d s — Date. Interest. Outstanding. Last divided, etc
Capital stock ($100)...........................
$350,000
Dec., 1893
1st mortgage........... 1894 5 J - J
350,000
Jan. 1,1915
1894
5 M -S
200,000
Mar. 1,1914
Debentures-----------Cur’ntliab’sOct.1,’97 .....................
73,567
Interest at American Loan & Trust Co., mortgage trustee, Boston.
R o a d — Owns and operates about 17*1 miles of main track (measured
as single track) and 1-3 miles of sidings and switches.
A n n u a l R e p o r t — For years ending Sept. 30:
Year Sept. 30— 1897.
1896. I
1897.
1896.
Gross earnings...$81,632 $85,896 Int., taxes, etc..$32.935 $33,291
Net................... 30,064
35,256 Balance........def. 2,870
1,965
OFFICERS—President and Treasurer, Sylvanus M. Thomas; Secre
tary, O. A. Barker.—V. 60, p. 796.
TAUNTON
& BROCKTON STR EET R Y —
O r g a n iz a t io n —Commenced operations Sept. 4,1897; stock, $100,
000; first mortgage bonds, 5s, Aug. 1917, $100,000; State Street Trust
Co., Boston, Trustee. Owns 13 miles of trolley line and has trackage
two miles, reaching Brockton, Easton and Raynham. President, Syl'
vanus M. Thomas. In July, 1898, paid 2 per cent dividend.
T E R R E H A U T E , IN D .
P opulation 1890
w as 30,217; in 1880 w as 26,042;
and in 1870 w as 16,103.
T E R R E H A U T E E L E C T R IC R A IL W A Y —
O rganization —On Oct. 18, 1897, Joshua Jump was appointed re
ceiver—see V. 65, p. 825,1025.
Date. Interest. Outstanding.
S tock & B onds -—
Last Div., etc
Common stock..........
$300,000
> See text.
Preferred stock, 6 p. c. | ................
200,000
Receiver’s certifiecates ...................
75,000
V ..............
Terre Hail S t R v ls t M . i 1892
J—
J
400,000
July
Terrenau.st.Ky.istM (Interest due6Jan, 1; i898,iu 4 efault. 1,1912
Terre Ha. El Ry. 1st M. ( 1894
6g. Q.—J $542,000
July
1914
$1,000,000 $1,000, g.c* (Jan., 1898, interest not paid.
DEFAULT—Interest due Jan. 1,1898, on 1st 6s of 1892, and consol.
6s of 1894 was not paid. V. 66, p. 84, 185. In Sept, 1898, more than
87 per cent of the 1st mort bonds of 1892 had been deposited with
the 1 1 Tr. & Sav. Bk. V. 67, p. 579.
1.
Bonds—Bonds 0/1894 for $542,000, including $250,000 out as collat
eral for floating debt, are outstanding, and the balance of bonds was
P o pulatio n 1890 w as 36,006; in 1880 w as 1,098.
held by the trustee in escrow. V. 61, p. 1108; V. 66, p. 906.
T A C O M A R Y . & M O T O R —Mostly trolley.
L a t e s t E a r n in g s — Jan. l to Sept. 30,9 months, gross, * 1 1 1 ,7 9 0 in
O r g a n iz a t io n — Chartered March 22,1889. Sold in foreclosure Mar
1897; $120,341 in 1896. For fiscal year ending June 30,1897, gross»
27,1897, for $100,000 to Howard C Levis, N. Y., acting for the Gen $157,440. In 1895-96, gross. $161,671.
eral Electric Co., who transferred the property to James O. Carr, o1
E lectric L ight C o n t r a c t .—The company in 1894 secured the con
Schenectady, N. Y., in July.
tract (through the Citizens’ Electric L. & P. Co., owned and operated)
R o a d — In 1895 was operating 34 miles of track, of which 32 miles
for lighting the entire city by electricity under a 50-year franchise,
trolley and 2 miles cable.—V. 63, p. 1160; V. 64, p. 665.
net profit estimated to be above $12,000 per annum aside from com
mercial profit. On August 1, 1897, the company was furnishing 536
T A C O M A T R A C T IO N arc lights and equivalent of 11,000 lamps; also 125 H. P. to motors
O r g a n iz a t io n , E t c .— Chartered Dec. 12,1894, to buy and construct
for power purposes. Bonds outstanding on light plant $ (?)
street railways in Tacoma. Carries passengers and freight.
S team H eating C o .—The Electric Railway also owns the Terre
Haute Steam Heating & Power Co.
st?Jt,ci5§of(SoDSr . ........... I! u r ‘ u:
f .
Road Owns 23 miles of track, including 4 miles double track and 2
1st mort.,$250,000gold.... I T % . M - N
3f
224,000
'* 1914'
l Int. atW .N. Color & Co., 34Nassau St.,N.Y
miles sidings. Rails are 60 and 72-lb. T rail.
R o a d — Gauge 3*2 feet. Length, single track, 20 miles; sidings and
O fficers .—Russell B. Harrison, President; John G. McNutt, Vicebranches, 4 ^ miles. Paved in Tacoma; gravel ballast outside. Line President ; M. F. Burke, Treasurer; P. P. Thomas, Secretary. N. Y.
runs from Ninth and Railroad Sts., Tacoma, to Edison and Puyallup.
office, Manhattan Building, 66 Broadway.—V. 67, p. 323, 484 579.
TACOM A, W A SH .
STREET
TOLEDO,
RAILWAYS,
O H IO .
P o pulatio n 1890
w as 81,434; in 1880 w as 50,137;
and in 1870 w as 31,584.
T O L E D O T R A C T I O N C O M P A N Y - A trolley road
O r ganization —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 of Toledo; also controls the
Toledo Consolidated Electric Co., which owns and controls practically
all the electric lighting (public and private) and power business of the
city, and the underground conduits.
STOCK & B onds —
Date. Interest. Outstand’g.
Maturity.
$4,000,000
.............
Common stock, par $100............................
Pref.,6%,non-oum.,par$100.......
6p. 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 Fourth Nat. Bank, N. Y. City
Tol. Consol. Street R ailw ay) 1889
5 J-J
1,086,000 July 1,1909
consol, mort., currency, >Interest is payable at Metropolitan Trust
$1,000, c., 65 miles........ )
Co., Trustee, New York City.
Toledo Electric Street Ry ( 1892 5 g. F-A
700,000 Feb. 1,1912
1st mort., 36 miles, gold < Interest at Blair & Co., 33 W all St., N. Y.
$1,000.................... c*C Security & Trust C®., trustee, N. Y. City.
Tol. Traction consol. M .,)
1896 5g. J&J 2,800,000 July 1,1909
$6,000,000g.,($1,000) c* > Interest at Guaranty Tr. Co., N.Y., trustee.
Bond8—Ot the new consolidated mortgage 5s of 1896 for $6,000,000,
$2,200,000 are retained by the mortgage trustee to retire divi
sional prior lien bonds when due, $2,800,000 were used to retire
pertain old bonds canceled and mortgages satisfied at time of consoli
dation, and $1,000,000 are reserved for future extensions and better
ments, to be issued only at the rate of 75 per oent of aotual oost of
such improvements. The mortgage covers all the railway, subject to
the divisional liens of #2,200,000, and is a first lien on the new Central
Station and other realty. The bonds are further secured by the deposit
of $1,000,000 par value of 1st mortgage bonds and entire capital stock
of Toledo Consolidated Electric Co.
LATEST E arnings —4 mos., 5 1898...Gross, *339,668; net, $162,713
July 1 to Oct. 31.
(1 8 9 7 ...Gross, 316,860; net, 136,347
E a r n in g s — Year ends June 30. The earnings have been as follows:
uross.
Net.
Charges.
Bat., sur.
$412,186
$310,871
$101,315
1897-98................... $921,998
1896-97................... 875,692
325,613
279,893
45,720
ROAD—Length of track, 158 miles; of streets, 70 miles. Cars (closed,
125; open, 96; trailers, 38), 259.
O f f ic e r s — President, Albion E. Lang, Toledo; Vice-President, Thos.
H. McLean; Secretary, Barton Smith; Treasurer, William E. Hale.—
V. 63, p. 1116.
TO LE D O B O W L IN G G R E E N & F R E M O N T
R A I L W A Y —A trolley road. Stock, $500,000. Miles of track.
16. Operated jointly with Toledo & Maumee Valley Ry.
Edwin Jacoby; Vice-President, J. A. Huston.
President}
T O L E D O & M A U M E E V A L L E Y R Y - - T r o l le y .
O r g an izatio n , E t c .—chartered in 1894 to build a street railway
from Toledo to Perrysburg and Maumee. Capital stock is $300,000.
First mortgage is for $300,000 of 5 per cents, dated 1895, due 1920;
interest M. & S., at Metropolitan Trust Co., New York, trustee.
R o a d —Owns 14 miles of track, entering Toledo over tracks of
Toledo Traction Co., 8 miles, under perpetual traffic agreement; 56-lb,
rail; 14 cars. The Toledo Perrysburg & Fremont Eleotrio RR. forms
an extension. President A. K. Detwiler.
TO LED O
E L E C T R IC
M A U M E E
& PERRYSBURG
R R . —A trolley road. Incorporated Feb., 1894.
Stock, $15o,000. Bonds, 1st mortgage k5-year 5s, $300,000, dated
March 1, 1895, interest M-S, $1,000 each; Metropolitan Trust Co.,
New York, trustee. President and General Manager, J. K. Tillston;
Secretary and Treasurer. Frank M. Ohl.
T O L E D O & M O N R O E R Y - —To be a trolley road.
O r g a n iz a t io n —Incorporated to build a road between Toledo, Ohio,
and Monroe, Mich., 23 'a miles.
.
STOCK & B o n d s —
Date Interest. Outstand’g Maturity.
Stock, $450,000 (par $100)............................
(1)
.............
1st.
a ¡*,150,000
(ifim } 1898 Knlok
i s t M g „ $4.50 000 (*1 ,0 0 0 ).. $ In t at 5g.J.-D. T r $450,000YJune 1,’18
Co > N
’
> Tras’tee.
R oad —Toledo to Monroe, 231 miles, under construction and ex
e
pected to be completed about August, 1898. Projected to Detroit; also
to Dundee, Mich. Rails, 70-lb. T; stone ballast.
STOCKHOLDERS— p. N. Jacobson, Monroe, Mich.; W. C. and W. M.
Johnson, Detroit; Holt, Schober & Co., Philadelphia, Pa.
TOPEKA, KAN.
P o pulatio n 1890
was 31,007; in 1880 w as 15,452;
and in 1870 w as 5.790.
TOPEKA
R A IL
STOCK & Bonds —
Stock, $1,250,000 ($100).
Topeka Ry. 1st M.
($1 , 100,000) g. ($1 ,000) c.
W A Y —Mostly trolley.
Date. Interest. Outstanding.
Maturity
‘-------- *
.......................
* 1 ,200,000 i.p................
1892 4*2 g. M-S
1,100,000 May 1,1922.
Interest at J. Kennedy Tod&Co.,N.Y. City,
Trustee is Manhattan Trust Co., N. Y. City.
ROAD—Owns 33*2 miles of trolley, laid with 35 to 52 pound rails.
OFFICERS—President and Treas’r, C. C. Baker; Sec’y, J. G. Sloneoker.
W E S T S ID E C I R C L E
R A I L W A Y —A steam road.
ROAD, Et c .—6*2 miles of track. Stock, $50,000. First mortgage 6s,
J&J, 1887, due 1907, $50,000; coupons of Jan. 1, 1890, unpaid.
TORONTO,
CANADA.
P o pulatio n 1895
w as 174,309; in 1890 w as 160,141;
and in 1880 w as 75,110
T H E T O R O N T O R A I L W A Y —A trolley road.
r g a n iz a t io n —Incorporated in 1892 and acquired by purchase the
old Toronto City Street railways and the exclusive privilege to work
O
87
street railways in the city of Toronto for a term of 30 years from Sep
tember 1,1891 (with the exception of two small reservations in the act
which are believed to be of no importance), a privilege which has since
been ratified by act of the legislature of Ontario.
In September, 1896, it was reported that the Toronto Ry., in conneoi
tion with the Montreal St. Ry., had leased the Birmingham Tramways
(431 miles of track operated by horses) for 21 years at an annual
8
rental of £5,000. Electricity is to be introduced.
Payments to the City—As to annual payments to the city, see Su p p l e
ment of May, 1898.
Date.
Interest.
Outstand’g. Last div.,ete.
S tock & B onds —
Stock (par $100).......... .....................
$6,000,000 f.p. See text.
Toronto St. Ry. debens. 1881
6 J -J
600,000
July 1,1914
1st M., $4,550,000 $ & £ 1891
4 njg.ff
2,200,000 Aug. 31,1921
$35,000 p. m..........o* T’stees, G. A. Cox, To’nto, & R. B. Angus, Mont.
IFInterest and principal on sterling bonds payable Feb. 28 and Aug.
31 at Bank of Scotland, Lothbury, London, E. C.
D iv id e n d s —In July, 1895,1^ per cent; in 1896, Jan., 1 % per ce n t.
July, 1% per cent; in 1897, 3 ^ per cent; since, (1)
Sinking Fund—1
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 cover1the 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 construc
tion 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.
R o a d — Operates 94 miles of track, of which 8 miles controlled.
EARNINGS—Jan. 1 to June 30 (6 mos.), gross, $534,383 in 1898; $472,386 in 1897.
Gross.
Net.
Interest. Amt.paid city. Bat., surp
1897..
.$1,077,613
$551,811
....
..........
..........
1896... 997,273
489,512
128,564
78,922
282,026
1895...
992,801
502,886
131,997
78,197
292,692
OFFICERS— President, William Mackenzie; Vice-President, James
Ross; Manager, E. H. Keating; Secretary and Treasurer, J. C. Grace.
T O R R IN G T O N , C O N N .
P o pu latio n
in 1890 was 6,048; in 1880 w as 3,327.
T O R R IN G T O N & W IN C H E S T E R
R A I L W A Y - A trolley road.
STREET
ORGANIZATION—Incorporated in 1897 under special act of Connecti
cut Legislature. Operated from July 1,1897. Serves a population of
about 20,000.
STOCK Sc B onds —
Date. Interest. Outstanding. Maturity.
Stock, $200,000 (par $100) ...................... $200,000 f. p ..................
1st mortgage, $150,000, ( 1897 5 g. J -D
150,000
Deo.1,1917
g o ld .................... ..... e* ( Int. at Hurlburt Nat. Bk,, Winsted, Conn.
Truste® of the mortgage is State Treasurer of Connecticut.
ROAD—Torrington to Winsted, 13 miles, of which 10 miles are built
on right-of-way owned by company. Equipped with 56-lb. 4-in.T rails.
E arnings —For first six months of operation ending Dec. 31,1897,
gross, $25,341; net, $14,011; int. on bonds, $3,750; surplus, $10,261.
Nine months ending June 30, 1898, gross, $24,202; net, $8,636;
interest, $5,008.
O f f ic e r s —President, W. B. Ferguson; Secretary, S. A. Herman;
Treasurer, C. A. Richardson.
T R E N T O N , N. J.
P o pulatio n 1890
*
and
w as 57,458; in 1880 w as 29,910;
in 1870 WAS 22,874.
N E W T O W N & D E L A W A R E R IV E R T R A C
T I O N C O M P A N Y —To be a trolley road.
O r g a n iz a t io n , E T C .— a reorganization in November, 1897, o f the
East Penn. Traction. Company intends to build between Trenton,
N. J., and Yardley, Newtown, Morrisville and Doylestown, etc., Pa.
Under construction in May, 1897, from Trenton to Doylestown, 26 m.
President, Lewis A. Conwell. Office, No. 1345 Arch Street, Philadel
phia.—V. 65, p. 925.
N E W Y O R K & P H IL A D E L P H IA T R A C T IO N
—To be a trolley road.
O r g a n iz a t io n — Chartered July, 1894.
A n agreement with the
Brunswick Traction Co. was made in January, 1898, by which a through
line from Perth Amboy to Trenton is proposed. On Jan. 1, 1898, had
outstanding $25,000 of full-paid capital stock; bonds, none; other
debts, $180,000; and owned 3 miles of track in Bridaewater township
and Somerville, y . J. In Oct., 1898, oontrol reported to be acquired
in the interest of the Brunswick Traction Co.
In July, 1898, line opened between Bound Brook and Somerville, 5
miles, and it was said the connection with the line of the Brunswick
Traction, one mile east of Bound Brook, would shortly be completed,
making a through line from Somerville to New Brunswick. Work was
also then reported to be progressing between Bound Brook and Dunellen, which, in connection with the Brunswick Traction proposed line
between Elizabeth and Plainfield, will give a through route from
Newark to Bound Brook, and the line through Somerset and Mercer
Counties was also being completed. In October, 1898, the only line in
operation was between Bound Brook and Raritan, 7 miles. Presi
dent, N. B, Cox; Vice-President, Jno. Blair MacAfee of Bala, Pa.;
Secretary and Treasurer, John H. Darrah. General office, Bound
Brook, N. J.—V. 59, p, 115; V. 61, p. 113.
T R E N T O N S T R E E T R A I L W A Y —Trolley.
ORGANIZATION—Formed June 29, 1898, by consolidation o f th®
Trenton Passenger Ry., Mulberry St. Pass. Ry., Pennington Ave.
Pass. Ry: and Ewing Pass. Ry.
Understood to be controlled by
stockholders of the Trenton Traction Company—which see, (see also
V. 60, p. 44).
88
STREET
RAILWAYS,
S tock & B onds —
Date, interest. Outstand’g.
Maturity, etc tension of the Utioa Suburban Ry. from Genesee Street, New H art
Stock, $1 ,000,000...................
(*)
ford, to Forest H ill Cemetery, in operation and projected to Rome.
Tr. Pass. First mort......i
f $100,000
1906 to 1915
$1 ,000,000, go ld .......
STOCK & B onds — Miles. Date. Interest. Outs’d'a.
Maturity
| ($10,000 due yearly Sept. 30)
$1,000 each, c * ...... |
$150,000
1916 to 1925 Com. ($150,000) ($100).................................... $150,000f.p............
..
Interest at Nat. Meehan. i 1891 6g.A-0 ( ($15,000 due yearly Sept. 30) Pref. ($150,000) ($100).......... ........... ........... 150,000f.p.
Bank, Trenton,N. ,T
.
1889 5 M -N
500,000 Nov. lV ’39
I $100,000
1926 to 1930 1st M. ($500,000) gold............
1891 5 J - J
200,000 Jan. 1,1931
($20,000 due yearly Sept. 30) 2d M. ($200,000) gold, c .......
J
[ $650,000
Sept. 30,1931 Utica Suburban 1st vf.)
gold, $50,000, guar. V.......
1897 5 g. M-S
50,000
1937
indrt., IffOld......C 1898 5g.J-J
$452,000 .........................
($500 each).............. )
$2,000,000................) Inter, at Meehan. Nat’l Bank, Trenton, N. J.
Interest at N. Y. Security & Trust Co. (trustee), N. Y. City.
Other debts (July 1,1898).......................
$60,000 .............. . ........
Stock—Preferred stock is non-cumulative and only entitled to divi
Cost road and equipment to Jan. 1,1898, $2,696,199.
B o nds —Of the consol. 4s of 1898, $1,000,000 are reserved to retire dends when earned as follows: For two years from May 1st, 1896, at
t116 1st 6s, and $548,000 are held in the treasury for future extensions. 5 per cent and thereafter at 6 per cent.
Bonds—2nd M. bonds draw Interest for 4 years from July 1st, 1894, at
Road —In January, 1898, Trenton Pass. By. owned and operated
34 miles of track. The new tracks have 90-lb. Johnson girder rails. 4 p. c., and there after at 5 p. c. Sec, mtge. bonds are $500 each.
ROAD— Lines Leased.
Miles.
Lines Owned.
Miles.
H as power house of sufficient dimensions to operate the system and
Yorkville to Upper Mills....... 1*75 Main lin e ............................ ¿’38
■also to light the city.
Main street to New Hartford. .3-801 Branch................................ l -60
EARNINQS.—Year,
) 1896..... gross, $225,074; expenses, $223,705
.“
to Whitesboro___ 3’79 I
-------Jan. 1 to Deo. 31.5 1895..... gross, 222,761; expenses, 220,990 Sidings (owned and leased___ 5'00 |
Total of all......................22-23
OFFICERS—President, Henry C. Moore; Vice-President, Thomas C.
L a t e s t Earnings —July l to Sept. 30,3 months:
B a r r ; Secretary and Treasurer^ Jno. L. Kuser.
Gross.
Net.
Int.. taxes, die. Bal. sura.
1898................. $59,734
$20,912
$13,604
$7,308
1897................ 59,083
27,591
12,421
15,170
TRENTON TR A c t io n A n n u a l R eport .—For years ending June 30, earnings have been
O rganization -Incorporated in December, 1894. Proposed to lease
1897-8.
1896-7.
the Trenton Passenger Railway, but the minority stockholders of that
1897-8.
1896-7.
G ro ss.............$192,836 $166,887 T a x e s ................ $4,044
$4,037
•company objecting, a number of the Trenton Traction stockholders N et................
52,196
60,225 Rentáis............. 16,250
15,000
purchased control of the Passenger Ry., since merged in the Trenton Interest.......... 31,853
30,636 Balance, surplus.
49
10,552
■Street Ry., buying, it is said, $1,000,000 stock. V. 60, p. 44. Traction
OFFICERS—President, John W. Boyle; Secretary, Edward Bushinger;
«took, $500,000; paid, $150,315; par, $100.
Treasurer, Chas. W. Mather.—V. 63, p. 503; V. 65, p. 568.
U T IC A
T R O Y , N. Y .
& M OHAW K
R A IL R O A D —
„ S tock , Bonds , E t c .— Miles. Date. Interest. Outstand’g. Maturity.
Stock, $250,000, par $50..................................
$52,100
..............
1st mortgage, gold................... 1890 5 g. J-J
75,000 July 1,1910
2d mortgage, $35,000............. 1896 6 M -N
20,000 Nov.1,1910
T R O Y C I T Y R A I L W A Y —Mostly electric.
Bills payable Mar 31,’98 ................................
28,515 ................
ORGAN IZATION—Chartered Jan. 31,1866. Controls by lease the Troy
Road —Owns from Genesee Street to Utica Park, 2% miles; sidings
& Lansingburg RR.. which in turn leases the following: Troy & Cohoes
0*33 miles ; total, 3*08 miles; also parks valued at $45,869.
« y . , Lansingburg & Cohoes Ry., Waterford & Cohoes Cos.
EARNINGS— For year ending June 30, 1898: Gross, $26,423 ; net,
STOCK & B o n d s .— Date.
Interest.
Outstand’g
Maturity.
■Stock ($1 0 0 )....................
5 Quar.
$2,000,000 Sept. 1,’98,1% $2,216; fixed charges, $7,235; balance, def., $5,019. In 1896-7
Troy & Lansingburg > 1888
5 A -0
37,000 Apr. 1,1898 gross, $26,079 ; net, $5,151.
consol, m ortgage..) Interest at Mutual National Bank, Trov.
OFFICERS—President, James FI Mann; Secretary, William E. Lewis.
Troy & Lansb. mort... 1888
5 A -O
42,000
Apr.1,1903
Troy City 1st con.M.,) 1892
_ o___|
_ 7___
5 g. A - 0
1,921,000
Oct. 1,1942
g.»$2,000,000..c*<fcr s Interest paid by Trustee, Central Trust Co.’ N.Y.
,
P o pulatio n 1890 w as 13,067; in 1880 w as 7,295;
t^ c a U M a v l, 1 8 9 8 }1895' 6 6 M “N
260,000
1900-1901
and in 1870 w as 3,008.
Debent, (refunding). 1897
5 Q -F
200,000
May 1,1901
C I T I Z E N S ’ R A I L W A Y . —A trolley road.
In 1896 issued the debentures for floating debt, etc.
The “ Capital stock leased roads” includes Troy & Cohoes stock
STOCK & B onds —
Date. Interest. Outstand’g.
Maturity
................
•$50,000, dividends under lease 7 p. o. yearly; Lansingburg & Cohoes» Stock.......................................................... $350,000
350,000
Oct. 1,1910
$15,000, dividends under lease, 7 p. o. yearly; Troy & Lansingburg, 1st mortgage, currency... 1890 6 A -O
Trustee is St. Louis Trust Company of St. Louis, Mo.
$700,000, owned by Troy City R y .; total, $765,000. The Waterford *
ROAD—Operates about 25 miles of track. In June, 1898, reported to
Cohoes RR., $25,000 stock, receives 7 p. e. yearly under lease.
DIVIDENDS—Dividends of 5 per cent per annum to Deo., 1896, in have abandoned its College Heights line. V. 66, p. 84.
O fficers —President and General Manager, H. C. Scott.—V. 66, p. 84
clusive; in 1897, Sept., 1 p. o.; Dec., 1 p. o.; in 1898, Mar., 1 p. c.; June
P o pulatio n 1890
w as .60,956; in 1880 w as 56,747;
and in 1870 w as 46,421.
W ACO, TEXAS
1 p. o.; S ept, 1 p. c.; checks are mailed.
ROAD—Operates track in Troy, extending to Lansingburg, Green
Island, Cohoes and Waterford.
Length of road owned.
Miles. Total tracks owned...-......... 21’59
Main line (single track)...
10-15
Length of lines leased
Miles.
Branches.........................
3*52 Troy to Cohoes...................
3'72
Union Depot....................
*51 Lansingburg to Cohoes........ 1*1
•Second track............
7-41 Waterford to Cohoes.......... l -88
Wgt. of rail per yd., 63 ^ to 9 3 ^ lbs. Second track and sidings...... 3‘00
L a t e st Earning s . July 1 to Sept. 30, three months:
3 mos.— Gross,
Net.
Oth. income. Int.,tax.,<te. Bal.,surp.
1898....... $147,227
$72,789
$1,906
$35,218
$39,477
T897....... 142,174
75,836
1,682
35,498
42*020
Loans and bills payable Sept. 30,1898, $81,000.
. A n n u a l R epo r t .—A nnual reports show. (See V. 67, p. 9 51) :
F r. end. Junejo. 1898.
1897. I
1896,
1897.
■Gross earn’gs..$526,066 $518,975 |Dividends..-.. $80,000 $50,000
N e t............... 247,679
232,434 ■Bal., sur. year
30,107
46,664
•Otherincome..
4,744
7,319 Total surplus
60,837
164,762
Int., taxes, etc. 142,316
137,089 I June 30.....
OFFICERS.—President, C. Cleminshaw; Sec. and Treas, J. J. Hagen
—V. 62, p. 321, 952; V. 63, p. 558; V. 6 6 , p. 1042 ; V. 67, p. 9 5 1.
TUSCALOOSA, A L A .
P o pulatio n 1890
w as 4,215; in 1880 w as 2,418.
T U S C A L O O S A B E L T R A I L W A Y —A steam road.
O r g a n iz a t io n — Chartered July 5,1889.- Stock, $100,000; 1st mort
gage, 5s, gold, J - D, $100,000, due June 1, 1918. Interest Is payable
fin New York at Knickerbocker Trust Co.
Operates about 6 miles road. President, W. C. Jemison; Sec. and
Treas., John T. Cochran; Gen. Man., J. W. Woolfolk, 15 Wall St.
M ASS.
in 1890 Was 6,982; in 1880 was 5,547;
and in 1870 w as 4.135
M Y S T I C V A L L E Y S T R E E T R Y - - A trolley road.
ORGANIZATION.—Operates 7 miles of track. In 1898 purchased
Arlington & Winchester Street Ry. In Oot., 1898, obtained permis
sion to issue $80,000 5 per cent gold bonds to fund floating debt, in
cluding that incurred by purchase of Arl. & Winch. St. Ry. Pres.
Chas. F. Woodward; V.-P., Treas. & Gen. Man., James F. Shaw; Sec.,
Geo. A. Butman.
W A K E F IE L D
& S T O N E H A M ST. R Y . —Trolley.
STOCK & B onds —
Date. Interest. Outstanding. Maturity
Stock, $300,000, $100 par............. 6 p. o.
$150,000
Text.
1st mort. $150,000 gold... o. 1895 5 g . M - S
150,000 Mar. 1,1915
The whole issue is redeemable at 105 after March 1,1900. Interest
at American Loan & Trust trustee, Boston. Dividends year 1894-95,
6 p. c.; in 1895-96, 6 p. o.; 1896-97, 5 p. c.
ROAD—Owns 15-42 miles of track, laid with 50-lb. T rails, in towns of
Wakefield, Stoneham, Reading, Saugus and Melrose,ail in Massachu
setts. The extension, Reading to Stoneham, was opened May 26,1895.
LATEST E arning s —From Jan. 1 to Oct. 31,10 months, gross, $48,435
in 1898 ; $47,143 in i897. For year ending Sept. 30, 1897, gross
$58,225; ' net, $23,263; charges, $13,630; dividends, $7,500
OFFICERS—President, C. F. Woodward; Vice-Pres., Treas. and Gen.
Man., J. F. Shaw; Secretary, E. M. Southworth; Supt., C. F. Heath.
W A S H I N G T O N , D. C.
P o pulatio n 1890 w as 188,932 ; in 1880 w as 147,293 ;
AND in 1870 w as 109.199.
U T IC A ^ N. Y .
P o pu latio n 1890 w as 44,001; in 1880
AND IN 1870 WAS 28,804.
W A K E F IE L D ,
P o pulatio n
w as 33,914;
A N A C O S T IA
&
POTOM AC
R IV E R
RR.
On April 1, 1898, Henry
F R A N K F O R T & U T I C A S T. R Y •—To be a trolley road Griswold and Benj. S. Minor were appointed receivers. In Oct., 1898»
O. T. Crosby and others, and others, controlling the City & Suburban
O r g a n iz a t io n — Chartered Feb. 6,1895, Road to extend from Frank
fo r t to Utica, 7 miles. On August 8,1898, obtained permission from Ry., it was reported, purchased $160,000 of the $200,000 first mort
the Railroad Commissioners to change system to overhead trolley. gage bonds as a preliminary to a purchase of the road when offered
Stock, $70,000; paid in, $7,000. President, John V. Quackenbush; for sale.
STOCK & B onds —
Miles. Date. Interest. Outstand’g. Maturity.
Sec., Nelson J. Davis; Treas., Clinton Beckwith.
Stock au.,$100,000 ($50) .............. ...
...... $50,000f.p................ f.
mt.M $200 000 cold
5 10’40 1891 6 g A - 0 200,000 Oot.l,1931
I st m ., $zou,oou, gold. .0 2
Subject to call after 1901
U T I C A B E L T L I N E S T R E E T RR.-Trolley.
100,000
1912
ORGANIZATION—Chartered June 18, 1886, and owns the principal 2dM.,$100,000,currency ....... 1892 6 J - J
50,000 .............
street car lines in Utica and adjoining villages. It leases and operates 3d M., $50,000......................... 1895 6%
Other funded debt Dec. 31,1897............................................$33,691
a portion of the Clinton & Binghamton Railroad at a rental of $15,000, Floating debt Dec. 31,1897..................................................... 20,621
the lease being dated 1886 and running 99 years. In February, 1897
Road —
13-40 miles of horse road and trackage rights over 1-98
the stockholders voted to lease the railroad and parks of the Utica miles; total December 31,1897,15’38 miles. In June, 1898, th e re
.^Suburban Ry. for 99 years; rental interest on its 5 p. c. bonds. Ex- ceivers were authorized to discontinue portion of road.
ORGANIZATION— Interest is in default.
into an underground electric road and extended easterly alongthe
Benning road to the District boundary.
EARNINGS— For calendar year 1897 gross, $159,548; net, $80,744;
Interest and taxes, $36,727; dividends, $24,000; balance, surplus for
year, $20.017. Fiscal year ends Feb. 29.v Earnings have been:
Fiscal Years. Gross.
Het. Int. &taxes. Dividends. B a l.su r.
1896-7
$149,270
$60,962
$35,567
$22,000
$3,395
56,535
35,260
20,000
1 275
B A L T I M O R E & W A S H I N G T O N T R A N S I T . — 1 8 95-6!!!".... 134,030
O f f ic e r s — President, Nathaniel Wilson; Vice-President, E. G. Davis;
ORGANIZATION.—Operates a trolley road extending from Takoma
to Sligo, opened September, 1897, and by a traffic agreement with the Secretary and Treasurer, Theodore J. K in g .-V . 62, p. 84; V. 67, p. 788.
Brightwood Electric runs cars into Washington, where transfers are
E C K I N G T O N & S O L D I E R S ’ H O M E R Y -—
given to city lines. In May, 1898, extension was proposed to Sandy
Merged or about to be merged in Aug., 1898, with City & Suburban
Spring, Md„ 12 miles. First mortgage, $500,000, Guardian Security
Ry., which see. For year 1897, gross, $94,946.—V. 67, p. 74.
Trust & Deposit Co., Baltimore, Trustee.—V. 66, p. 899.
EARNINGS—Years ending Deo. 3 1 were as follows: In 1897, gross
$46,834; net, $7,944; taxes, &o., $4,119; foal, for Interest on foonds.
$3,825. In 1896, gross, $46,230. Bills payafole Deo. 31,1896, $22,346.
Passengers: 1,166,068 in 1897; 1,127,568 in 1896; 1,147,352in 1895.
OFFICERS—President, Purchasing Agent and General Manager, H. AGriswold; Secretary and Treasurer. J. B. Pitcher.
T H E B E L T R A I L W A Y C O M P A N Y —A horse road.
O r ganizatio n —Sold Nov. 15,1898, to O. T. Crosby.—V. 67, p. 1054.
To form part of the City & Sub. Ry., 'which see.
Stock, par $50..........
.$500,000 I ROAD—Owns 15-4 miles of track.
CapitoINo.OSt.&S.WashI EARNINGS—
1897.
1896.
ington 1st M. 6s of 1888 50,000 j Gross............ $71,983
$87,634
Consol.M.of 1891,5s J-J. 440,000 Joperat’g e x p .. 89,761
110,697
B R I G H T W O O D R A I L W A Y —A trolley road.
O r ganizatio n —incorporated Oct. 18,1888.
STOCK & B onds — Miles track. Bale. Interest. Qutstand’g. Maturity.
Stock............................................................... $108,500
..........
I s t M ...........................
12 1892 6 A - O
250,000 Oct. 1,1912
General m tge s.......
12
1893 6 M -N 100,000 May 1,1913
3d mtg., $100,000...
..
1896 6
Deo.’97 none Deo. 1,1907
Floating debt Deo. 31,1897...............
6 p. o. $74,783
..........
Interest at Central Trust Co. (trustee), N ew York City.
Road —Owns 11*58 miles track on 5*2 miles of streets.
E arnings —Y ears end.Doo.'3l— 1897.
1896.
1895.
1894.
Grossearaings............................ $51,090 $49,321 $51,137 $51,041
Operating expenses and taxes.,... 42,613 38,301
59,583
45,628
OFFICERS—President, H. S. Cummings; Secretary, Victor B. Deyber;
Treas, Gen. Man. and Puroh. Agent, C. P. Williams.—V. 66, p. 133.
G E O R G E TO W N & T E N A L L Y T O W N R A IL
W A Y . —A trolley road.
ORGANIZATION—Incorporated August 10,1888, See V. 63, p. 229.
STOCK & B onds —
Date.
Interest.
Maturity.
Stock, par $50........................ . — ---•••
1st mortgage...............
1894
6 F -A
on’ non Feb. 1,1904
Feb. 1,1904
6 F -A
2d mortgage................ 1896
Floating debt Dec. 31,1897.......................
18,833 ..................
American Security & Trust Co. of Washington, D. C., trustee, both'
mortgages. Interest due Feb. 1,1898, on both mortgage is in default.
EARNINGS— Calendar year 1897, gross, $23,567; net, $3,882; inter
est, taxes and insurance, $10,125.
Road —Operates 8*8 miles of track on 4*a miles of street. In Sept.
1898, it was reported that an extension several miles further out from
the city would be made shortly and the old lines rebuilt.
OFFICERS—President, O.T. Crosby; Vice-President, J. H. Miller; Seo
and Treas., W. S. Terry; Puroh. Agent, L. P. Hall.—V. 63, p. 229.
M E T R O P O L I T A N R R - Underground electric.
O r g a n iz a t io n —Incorporated July 1,1864.
S tock & B onds —
Date. Interest.
Outstanding.
Maturity.
< w { 15’H 8 p a i r i
I s t M .,$1.850,000,gold <1895 5 g F -A
1,850,000
Feb. 1,1925
Not subject to cau.o* ( Int. at Balt. Tr. & Guar. Co*, Trustee, Balt.
Collateral trust bonds, 51892 6 J - J
482,000
July 1,1901
convertible.............. I Int’t at National Bank Republic, Washington.
C erts, of indebt...A&B 1896
6 A -O
250,000
Oct. 1,1906
Certs, of in d e b t........ 1897
J&D
250,000
Juno 1,1907
First mortgage of 1895 was authorized by Congress for the sole pur
pose of ohanging the motive power from horses to electricity. It cov
ers all the company’s rights, privileges and franchises, together with
valuable real estate. This real estate has been appraised at $700,000
and is said to be worth over $1,000,000. A sinking fund from sale of
unused real estate may purchase bonds at not over 110 and interest.
The collateral trust bonds are convertible into stock at option of
holder at the ratio of one share of stock (par $50) for $100 of bonds;
they are secured by deposit of 5,000 shares of the company’s stock.
Stock—'The stockholders, besides being liable for the remaining $20
per share, are liable under the provisions of the charter for an amount
equal to their share holdings. In addition to the stock outstanding,
5,000 shares are held by trustees as security for collateral trust bonds»
Dividends—From 1868 to October, 1894, inclusive, regular divi
dends were paid, the rate in 1894 being 8 per cent per annum; then
none until September, 1896, 2*2 per cent; in 1897 paid $76,580.
R oad —In Deo., 1897, had 22 miles of track all operated by under
ground electric system; 171 motor cars and 128 trailers.
E arnings — For calendaryear 1897, gross from passengers, $737,820?
C IT Y & S U B U R B A N
R A I L W A Y .O r g an izatio n , Et c .—Chartered in July, 1898, by Act of Congress other income, $19,852; operating expenses, $352,159; interest, $144,as successor of Eckington & Soldiers’ Home Railway. Purchased 198; general tax, $20,863; legal expenses, $17,150; dividends
Maryland & Washington franchise and also that of former Col. & $76,580; balance, surplus from operations, $146,722. For years end
Maryland from the District Line to Laurel.—V. 66, p. 1000. See also ing June 30 (former fiscal year), gross earnings have been :
1894...v$355,594
1892....
full statement in V. 67, p. 370. The Belt Ry. was purchased on Nov. 1896 ... $469,788
1895 ... 334,562
1893---- 420,261
1891---- 415,852
15,1898, at foreclosure sale, and it was understood the Anacostia &
For year ending June 30,1898, gross receipts said to have been
Potomac River would be acquired and all the lines in the city equip, ed
nearly $9,000,000 and 8,000,000 passengers carried.
with the underground electric system.—V. 67, p. 1054.
O f f ic e r s - President, R. D. Weaver; Treasurer, Wm. J. Wilson;
S tock A B onds —
Date. Interest. Outsland'g. Maturity.
Stock, $L750,000; par, $50...........
F -A $1,750,000 ................... Secretary, G. B. Coleman. Office, 14 East Capitol Street.—V. 63, p, 459.
1st Mort., $1,750,000, go ld ) 1898 5g.F-A 1,500,000 Aug. 1,1948
($1,000 each).................. ) Int. at Balt. Trust & Guar. Co., Trustee.
W A S H IN G T O N A L E X A N D R IA & M O U N T
BONDS, Et c .—The bonds have a sinking fund o f $25,000 yearly V E R N O N E L E C T R I C R Y . - S e e A le x a n d r ia , V a .
from any surplus remaining after payment of 6 p er cent on the stock,
W A S H IN G T O N A R L IN G T O N
&
FALLSbut cannot be called. Interest has been deposited with th eiru stee
R Y - - A trolley road.
oovering the period of construction, including change o f m otive power C H U R C H
Chartered 1896 as the successor of the Washington & Arlington
to electricity.
Road —Owns and operates about 33*24 miles of track. To be ex Ry. Stock, $100,000; bonds. $100,000 1st 6s, gold, int. J&J. Owns.
tended at once northwardly from district line through suburbs of Aqueduct Bridge, Washington, Fort Meyer and Arlington National
©
Washington, eto., to Berwyn, Md. Also projected from Berwyn to Cemetery, 2 miles; also to Falls Church, Va., 6 miles*; total 81 miles.
Laurel. After completion and changes in motive power, the under Pres., C. S. Hinchman; Sec., R. H. Phillips; Treas., Wm, 0. Arrison.
ground trolley will be in use in the city and the overhead trolley on
W A S H I N G T O N & G L E N E C H O R R .~
the suburban lines.
ORQANIZATION—Successor in August, 1896, to the Glen Echo RR.
OFFICERS—President, O.T. Crosby; V.P.and Eng.,W.Kesley Schoepf;
The company is incorporated under the laws of Maryland.
Sec., Dana Stevens; Treas., S. C. Cooper.—V. 66, p. 1000; V. 67, p. 74,
R oad —Owns 5^2 miles of double (11 miles single) track, from Cabin
370, 633.
John Bridge to Chevy Chase Circle in District of Columbia.
C O L U M B I A R A I L W A Y —A cable road.
STOCK & B onds —
Date.
Interest.
Amount.
Maturity.
Stock (par $50)...................................... .
$250,000
. . . . . . ---ORGAN IZATION^-Incorporated M ay 24,1871.
1st mortgage, gold......o*
1896
6g. J-D
200,000 June 1,1916
STOCK & B onds —
Miles.
Date. Interest. Outstaiid’g. Maturity.
_)CK
Interest at Washington L. & T. Co. (D. C.), trustee, also at Stahl &
Q-M
$400,000
See text.
Stòck ($400,000) ($50)
6
1894 6 A -O
500,000 Oot.1,1914 Straub, Philadelphia.—V. 63, p.716.
1st M. ($500,000) cur.
Not subject to oall.o. Int. at American Sec. & Trust Co., trustee.
O f f ic e r s — President, Gustav Stahl, Philadelphia; Seo, and Treas.»
(?)
Oct. 1, 1914
Ext. M., $500,000, g. ... ... , 1898 5g.A-0
W. Staelin Stahl.
Not subject to call.c Interest at Amer. Sec. & Trust Co., trustee.
The 5s of 1898 are to be issued in Jan. and Apr., 1899, to meet the
W A S H IN G T O N & G R E A T F A L L S E L E C
cost of change to the underground electric system, building extension
T R I C R Y . —A-trolley road.
and acquiring new equipment.—V. 67, p. 788.
O r g a n iz a t io n —In operation from Georgetown to Cabin John Bridge
Dividends—1889 to February, 1895, 6 per cent year; in fiscal year
—7 miles—Total trackage, 11 miles.
1895-6 paid5 p. o.; in 1896-7, 5 ^ p. o.; in calendar year 1897 6 p. o.
Capital stock Dec. 31, 1897, $86,800; 1st mortgage 6s, $382,000
ROAD— Owns 5*6 miles of road and 8*4 miles of track. The motive
power in 1895 was changed from horse to cable. To be converted bills payable, $10,488. In year ending Deo. 31, 1897, gross from
C A P I T A L T R A C T I O N . —A n underground trolley road.
O r g anization —I n the fall of 1895 absorbed the Washington &
Georgetown and Rock Creek companies. See V. 61, p. 283,328, 588.
Power house destroyed by fire Sept. 29,1897. V. 65, p. 620.
S to ck & BONDS—
Date. Interest.
Outstanding.
Maturity.
Stk,$12,0W),000 ($100) .......
Text.
$12,000,000 Oct. 1,’98,%%
1st M., $1,000,000...... 1898
5 J-J
See text.
Jan. 1,1903
These bonds are to be used as collateral to seoure the necessary ad
vances for the changes and improvements in the rapid transit system
and in the route or alignment of the company’s roads.—V. 66, p. 38.
Dividends—On present oapital of $12,000,000, in 1895,1 p. c.; in
1896, S^p.c.; in 1897, July, 60 cents per share; Oct. 1,65 cents; in 1898,
July 1, 75 cents; Oct. 1, 75 cents.
ROAD—Underground trolley (since Apr.’98) double track,17*98 miles.
E arnings —D ecrease for 1897 is attributed to the resumption of
horse power after the fire which destroyed the power house.
1897.
1896.
• 1895.
$1,036,165
$1,066,119
Gross receipts........................ $908,839
Net earnings........................
202,042
379,911
435,487
none
non©
160,916
Interest charges....................
Balance for dividends..............
202,042
379,911
274,571
Dividends paid.........................
209,958
419,873
194,577
OFFICERS—President, G. T. Dunlop; Vice-President, 0. C. Glover:
Secretary and Treasurer, O. M. Koones; Chief Engineer and Superin
tendent, D. S. Carll. General office,Washington.—V 66, p. p. 38.
90
STREET
RAILWAYS.
passengers, $37,467; net, $16,672; passengers carried, 911,385:
1896, gross from passengers, $25,271; net, $9,690; passengers ear.
ried, 601,472. President, Jacob P. Clark; Vice-President, Stilson
Hutchins; Secretary and Treasurer, William J. Dante.
W A S H IN G T O N & U N IV E R S IT Y
R R —To be
a trolley road. O r ganization Chartered in 1898 by Act of Congress
to construct a road from Washington past the American University to
the District line. To be double-tracked, 3 miles in length. Six per
cent bonds to the amount of $175,000, was said, would be issued.
President, J. D. Croissant, 821 North Carolina Ave., Washington, D. C.
W ATERBURY,
CONN.
P o pu latio n 1890 WAS 28,646; in 188o w as 17,806; in 1870 w as
’
10.826, and in 1898 ( estimated ) was about 40,000.
W A T E R B U R Y
T R A C T I O N . —A trolley road.
„.S tock & BONDS—
Date. Interest. Outstand’g.
Maturity.
Stock, $650,000, auth.......................... .
$65^.000
Mortgages—
...................
J *pli5 ,i° ^ e b b City, C a r-) 1893 6g. M-S $200,000 Mar. 1, 1913
Prosperity, > Subject to call after Mar. 1.1903. Interest
$200,000, g., $500---- c* ) at Central Trust Co., trustee, N. Y. City.
TMMns n L i
™
i „ 1896 ‘'g -J -J
$120,000 July 1,1926
Joplin & Galena Elec. RR. ! Subject to call after July 1,1903. Trustees,
Joplin to Galena, g o ld .) Central Trust Co., N. Y., and Mississippi
(. Valley Trust Co., St. Louis.
Carterville to Carthage $
J7ir „ *180.000 July 1 , 1926
' ( Subject to call after July 1,1903.
Road —Operates 29-85 miles of track connecting Joplin, W ebb City.
Carterville, Carthage, Prosperity and Galena, Mo.; 2d track, -75 miles.
Earning s - For year ending August 31,1897: Gross receipts, $118,179; net after deducting taxes, $53,376; interest on bonds, $27,869.
O fficers —President and Treasurer, A. H. Rogers, Joplin, Mo.; Sec
retary, A. G. Knisely, of Harrisburg, Pa.—V. 67, p. 843.
O r g anization —Organized in 1893, a consolidation of the Connecti
cut Electric Co. and the Waterbury Horse RR. Co. Franchise perpetual.
P o p u l a t io n o p S u p e r io r 1890 w a s 11,983.
„.STOCK & B onds —
Date. Interest. Outstand’g.
Maturity.
Stock, $1,000,000 ($100)......... Text. Q-J $600,000 Oct.1,’98,1%
S U P E R I O R R A P I D T R A N S I T R Y . - A trolley road.
1stmort.,$800,000, gold(1893 5g. M - N
600,000 Nov. 1,1923
O r ganization —“ A perpetual right of way over all streets in the
Ta* exempt in Connocti’t^ Sub. to call at 104 and int. aft. Nov. 1,1898
heart of the city is held and owned by the company in fee simple.
,(8100 etc)....................(Trustee, Treasurer State of Connecticut.
Bills payable (Sep.,30,*97).......
.............
20,000
..................
R eceivership —On Jan. 28,1896, S. T. Norvel and F. W. Oakley were
Bonds—The mortgage has a first lien on all property and franchises of appointed receivers.—V. 62, p. 234, 279.
the company, including electric-light plant. The $200,000 of bonds „ STOCK & B onds — Miles. Date. Interest. Outstand’g. Maturity.
.................................................... $1 ,000,000
. .. ....
unissued may be used for future extensions.
1st M.,$650,000, g., C 24
1892 6g. F - A
$250,000 A u g.l, 1912
Dividends—la. 1896, July, 1 p. c.; Oct., 1 p. c. In 1897, Jan., 1 p. c.
$1,000 s.f., Ser.A.e* ( Subject to call at 102 and interest Aug. 1,1902
Apr., 1 p. c ; July, 1 p. e.; in 1898, Apr., 1 p. o.; July, 1 p. c.; Oct., 1 p. o. 2d mortgage..................................................
(?)
. . . . . . ’.......
Interest on second mortgage went to default. See V. 62, p. 279."......
Ro a d , Et c .—I n Oct., 1898, was operating 13 04 miles of road with
Mortgage—Under the mortgage, Series B and C ($200,000 each) are
14-86 miles of track extending through the city of Waterbury to Union
co-equally seoured with Series A. Sinking fund ranges from $5,000
•City, the borough of Naugatuck, etc. Rails are 60 and 70-lbs.
EARNINGS—1 month
Gross.
Net.
Sur.over Ohgs. 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.
*|3.8g|
» l fe516
j| fg
Earnings —For calendar year 1897 gross earnings were $92,370.
A n n u a l R eport —F or years ending Sept. 30:
OFFICERS —President and General Manager, S. T. Norvell; Secretary
------------ Gross.----------- .
,------------ Net.----- ------ and Treasurer, G. Chadwick.—V. 62, p. 234, 279.
„ „
1898.
1897.
1898
1897.
Railway.................. $170,539
$145,114
$74,609
$58,964
Electric lights.......... 105,106
106,179
47,588
50,447
W E S T S U P E R IO R , W IS .
W E S T E R L Y , R. I.
Interest and taxes.
Dividends.............
$275,645
$251,293
$122,197
$42,123
24,000
$109,411
$37,285
24,000
Balance, surplus....................................
$56,074
$48,126
O fficers —P resident, D. 8. Plume; Secretary, A. M. Young; Treas
urer, J. R. Smith; General Manager, J . E. Sewell.
W ATERTOW N,
P o pulatio n
N.
Y.
in 1890 w as 14,725; in 1880 w as 10,697;
IN 1870 W AS 9,336.
B L A C K R I V E R T R A C T I O N C O . - Trolley.
O r ganizatio n —Successor in Deo., 1897, to Watertown & Brownville
St. Ry. foreclosed. Capital stock, «65,000. Pres., Julius A. Lebkue-oher, Newark, N. J.; Treas., B. B. Taggart, of Watertown.
W A T E R V I L L E , ME.
w as 7,107; in 1880 w as 4,672;
and in 1870 w as 4.852.
W A T E R V I L L E & F A I R F I E L D R Y . & L IG H T O r ganizatio n - I n December, 1897, the stockholders agreed to give
the bondholders the right for five years, or until the company shall be
in a position to meet all its fixed charges, to elect a majority of the
board of directors, the bondholders, in turn having exchanged their
$200,000 of 6 per cent bonds for a like amount of 20-year 5s.
S tock & B onds —
Date. Interest. Outstand'g. Last div., etc.
Stock (par $100) ($200,000) ....................... $200,000
ci
Prior lien bonds.................
1897 5 M -N
40,000 May 1 19 3 7
•Consol, mortgage ....
$ 1897 5 M -N
200,000 May 1,1937
(
American L. & T., Boston, trustee.
Road —Operates 4’43 miles of trolley between Fairfield and Waterville, and furnishes light and power for miscellaneous purposes.
EARNINGS—For years ending June 30 as follows :
Gross Railway Railw'y Gross Lt. Ket Lt.
Total Net inc
a s # r . . | $ $ i f i l S s $2323 • * * & " ”'■ <eP(iT r '
1896... 20,934
ll!855
9^79
|f|
(?)
j?j
||
OFFICERS— General Manager, John A. Hamblin.—V. 65, p. 1027.
W A V E R L E Y , N. Y.
P o pulatio n 1890
w as 2,270.
&
ATH ENS
TRAC
ORGANIZATION—Incorporated in 1893; stock, $200,000; 1st mort
gage* $200,000, 6s, J&J, due Jan. 1,1925; $150,000 issued June 30
1897. Owns 6 miles of track. Year 1896-97, gross, $11,866; operating
•expenses and taxes, $6,944; net, $4,922; interest, $2,250; bal., $2,672.
President, A. N. Broadhead; Sec., A. C. Wade; Treas., F. K. Harris
W E B B C IT Y , M O.
P o pulatio n 1890
w as 5,043; in 1880 w as 1,588.
SOUTHW EST
M ISSOURI
R A .I L W A Y . - A trolley road.
E L E C T R IC
O rg anizatio n , Et c .—A consolidation on August 21, 1896, of the
South M. Elec. RR., Jasper County Electric and Joplin & Galena Elec
tric Ry. In 1898 the company reported population of places along its
route as follows: Carthage, 10,000; Joplin, 17,000; Webb City, 6,000;
Carterville, 3,500; Prosperity, 1,500; Galena, Kan., proper, 5^000;
Spring Grove, 1,000; Lowell township, 4.000; Empire, 3,600; total,
5 1, 600. In Oct., 1898, control passed into the hands of Joplin and'
Harrisburg, Pa., capitalists.
of tow n 1890 w as 6,813; in 1880 w as 6,104
AND IN 1870 WAS 4,709.
PAW CATUCK V A LLEY
S T . R Y . - A trolley road.
1 STOCK & B o n d s —
Date. Interest. Outstand’g.
Maturity.
Stock, $75,000, $100 par...............................
$75,000
. . . . . . .
1st M., $100,000, gold ..0 L 1 f 9.4 x, 5.
i 09’9!?0
1914
8 .
( Int. in Boston at Am. L. & Tr. (mort. tr’stee).
R o a d — Operates 6 miles of track laid with 50-lfr T rails in Westerly,
R. I., and suburbs, extending to Wat oh Hill.
E a r n in g s — Year 1897, gross, $16,730; net, $7,284; interest, $5,447
OFFICERS— President, William Hoxsey; Seo. and Treas., S. H. Cross;
Gen Man., E. P, Shaw, Jr., 53 State St., Boston.
W H E E L IN G , W . V A .
P o pulatio n
in 1890 w as 34,522; in 1880 was 30,737;
and in 1870 was 19,280.
W H E E L I N G R A I L W A Y —A trolley road.
P o pulatio n 1890
W AVER LEY SAYRE
T I O N C O . —A trolley road.
P opulation
O r g a n iz a t io n — Reorganized in 1892. Franchise is perpetual. Com
pany owns nineteen-twentieths of the capital stock of the Citizens’
Street Railway Company, and leases same for 99 years. The total pop
ulation served, including Wheeling, Bridgeport, Martin’s Ferry, Bell
aire and Benwood, is said to be about 75,000. In October, 1898, the
Bellaire Bridgeport & Martin’s Ferry Ry. was reported to have been
purchased. See Bellaire.—V. 67, p. 802.
S t o c k & B o n d s — Par. Date.
Interest. Outstand’g. Last div.die
Stock, par $100, f.p ...................... See below. $700,000 I n ’9 7 4h>%
1st mge., $500,000,) 1,000 1892 6 g. M - S
500,000
1912
gold, $1,000— 0* 3 Interest at Central Trust Co., trustee, N. Y. Citv.
2 d M., $200,000................ 1898
.......
(?)
............
On Sept. 30,1898, it was reported, the stockholders authorized the
issue of $250,000 on account of the purchase of the Bell. Bridgeport &
Martin’s Ferry Ry., and $200,000 bonds for betterments and exten
sions.—V. 67, p. 802.
Dividends.—In 1894 1 p. c.; in 1895, 2; in 1896, 4*% in 1897,4^.
R o a d .— Operates 17 miles of track in Wheeling and suburbs, its lines
extending to Bridgeport, Benwood and Martin’s Ferry. In Sept., 1 89 8
extension of loop, 1 mile, to the fair grounds completed, and another
extension of lijo miles in Martin’s Ferry under construction.
E a r n in g s — Jan. 1 to Sept. 3 0 (9 months), gross, $ 1 3 7 ,9 8 6 in 1 8 9 8 ,
$ 1 2 2 ,7 7 1 in 1 8 9 7 . For year ending Deo. 3 1 ,1 8 9 7 , gross, $ 1 7 0 ,3 1 8 ; net,
$ 7 6 ,7 3 2 ; interest and taxes, $ 3 2 ,5 0 8 ; dividends, $ 3 1 ,5 0 0 .
OFFICERS.— President, T H. Conderman; Sec. and Treas., W. A
Shirley. Index —V. 62, p. - 7Q; V. 67, p. 647, 802.
M O U N D S V IL L E
BENW O O D
I N G R Y . —A trolley road.
&
W H E E L
O r g a n iz a t io n — Opened in Dec., 1896, from Moundsville to Ben
wood, 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,' 00President, J. A. M iller; Sec. and Gen. Man., Alfred Pauli.
W H E E L I N G & E L M G R O V E R R —A trolley road.
O r g a n iz a t io n —Owns from Wheeling to Elm Grove, 7*2 miles, of
which 6 miles double and lHs miles single track One mile double
track to be added to connect with Wheeling Suburban Ry., whose
2 mile single-track road from Elm Grove to TriadelpJhia is operated
and bonds guaranteed.
Stock, $67,800 common and $160,200 pre’
ferred. 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. Motive power changed from steam to electricity, and new
power house built in 1898. President, A. Reymann.—V. 66, p. 185.
S T liE E T
W IC H IT A , K A N .
P o pulatio n 1890
W IC H IT A
w as 23.853; in 1880 w as 4,911.
R A IL W A Y
L IG H T & P O W E R -
—A trolley road and lighting plant.
ORGAN ZATION— Chartered July 3, 1897, and purchased the prop
erty of Wichita Electric Ry. & L. Co. Has contract ’for city lighting.
Charter was renewed in Oct., 1898, on condition that entire line he
rebuilt of new material and with new equipment and that work he
completed hy April, 1899.
STOCK & B onds —
Date. Interest. Outstanding.
Maturity.
Stock $500,000, par $100
___
....
$500,000
................
1st M., $500,000 ($1,000) 1897 5 g. M -N Nov.’97,none Nov. 1 ,’17
gold.................. s. f. c.* 3 Int. at Mass. L. & T. Co., Boston, trustee.
ROAD—Owns 20 miles of trolley track in Wichita, Kansas.
OFFICERS—President, H. B. Church, Boston, Mass.; Vice-Pres. and
Gen. Man., W. Q. Church; Sec. & Treas.. A. C. Jobes.
R oad —
Miles.
S tock & B onds — June 30,’97.
Stock (Val. Trac.).......... $101,700 Owns (65 lb. rails)...............
3’6
Current liabilities..........
20,473 Leases S. S. P. R y................
1*8
South Side bonds, 6 s......
25,000
O fficers —P res., j . By. Cochran;
Bonds (30-year 6s )......... 100,000 Sec. and Gen. Man., E. H. Davis.
EARNINGS— Year ending June 30,1897, gross (both roads), $25,217;
net, $6,733; int. and taxes, $8,548. In 1895-6, gross, $27,104.
W I L L I A M S P O R T P A S S E N G E R RY.-Trolley.
E arnings —Y ear end. June 30,
S tock & B onds — June 30, ’98.
Stock ($600,000)............$338,550
1897-98. 1896 -67.
6s, due May 1,1911.......
11,500 Gross.............. $69,192 $68,146
6s, due June 1,1922...... 169,000 Net.................. 16,562
13,444
Bills payable.................. 12,897 T a x e s .............
2,290
1,633
Dividends Jan., 1893, 2 p. c.; Interest..........
10,575
9,9W
Bal’ce, surplus.
3,694
1,814
1893-94, 6 p. c.; none since.
ROAD O w n e d —8 miles; 90-lb. rails.
OFFICERS—President, H. C. Parsons; Secretary and Treasurer, J. F.
Starr; General Manager, E. H. Davis. Williamsport, Pa.
W I L M I N G T O N , D EL.
W IL K E S B A R R E , PA .
P o pulatio n 1890
w as 37,718 ; in 1880 w as 23,339 ;
and in 1870 w as 10.174.
W IL K E S B A R R E & W Y O M IN G
T R A C T I O N . - An electric road.
91
l i A I L W A YU,
VALLEY
P o pulatio n 1890 w as 61,431;
in 1880 w as 42,478
and in 1870 was 30,841.
W I L M I N G T O N C I T Y R A I L W A Y —A trolley road.
ORGANIZATION— Franchise gives exclusive rights to operate street
ORGANIZATION— Controls all the street railway lines in the Wyoming railway in city. Control of Wilmington City (85 per cent of the stocky
Valley, Pa., extending from Wilkesbarre to Duryea and Nanticoke on and Chester Traction acquired in same interest in February, 1 8 9 8 east side of Susquehanna River and Pittston, Plymouth, on west side. see below.—V. 66, p. 575.
STOCK & B o n d s —
Date. Interest. Outstand’g.
Maturity.
STOCK & BONDS—
Date. Interest. Outstanding. Last div., etc.
Stock (par $100)......................
Text.
$5,000,000 Jan. 22,’98,1% Stock (par, $10) f. p ................
J -J
51,764 shares. Jan., ’98, 2*«
i p + at *1 Knnnnn
5 1891 5g. A -O
1,500,000 Apr. 1, 1921 1st M., $600,000, gold,) 1891 5 g. M-S
$600,000
Sept. 1,1911
1st M. $1,500,000, gold. | i nterest at Provident Life & Trust, Phila.
$500 each............... c )
Subject to call on or after Sept. 1,1901
CoUat. Tr. & Mortgaged 1895 5g. J - J
$325,000
Jan. 1,1925
Interest is payable at the Equitable Trust Co., Wilmington, Del.
$325,000, g o ld ....... at Anthracite Sav. Bk., tr., Wilkesbarre.
( Int.
Dividends—The following per cents are on the amount paid in ($8)
Underlying Bonds on Roads Purchased—
.................... per share: In 1892, 5 per cent; 1893, 5 per cent; 1894, 5 per cent;
12,000
Coalville Pass. Ry. bds.
40.000
...................
Wilkesb. & Surb. bonds.
5 p. c.
35.000
.................. in 1895, 5 p. c-; in 1896,5 p. c.; in 1897, 5 p. c.; in 1898, Jan., 2*a p. o.
Wilkesb. & W. Side bds.
ROAD—Operates 25 miles of trolley track in city of Wilmington and
Guaranteed bonds—
$200,000
Dec. 1,1918
Pittston St. Car 1st M .) 1893 6g. J - D
suburbs, one of its lines extending to Shellpot Creek, on Philadelphia
p.&i. uncondit’y guar. $Int. at Réal Estate L. & T r. Co., Philadelphia.
PlymouthBr. Co.lstgold 5 1894 5 g .A -0
$150,000
Oct. 1,1924 Turnpike. Rails 58 and 91 lb. T and girder.—V. 66, p. 575.
O fficers —P resident, C. M. Clark; Vice-President, E. W. Clark, Jr.»
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.
Secretary and Treasurer, Thos. S. Bellah.
6 F -A
90,000
...................
Wilkesbarre & Kingston .......
Wilkesb’re & E . SideRy...........................
150,000
See below.
W IL M IN G T O N & C H E S T E R T R A C T IO N —
DIVIDENDS—In 1896, Jan., 1 per cent; July, 1 percent.; in 1897,
O r g a n i z a t i o n .—Incorporated March, 1898. Controls all the street
Jan., 1 p. c.; in 1898, Jan., 1 p. c.
railway lin es‘ f Wilmington, Del., and Chester, Pa. (see each city),
o
Road —Comprises 63-60 miles of track, fully described in the
comprising with leased lines about 57 miles of track, and with the
C hronicle of Feb. 22,1896, page 361.
connecting link, between Wilmington and Chester, completed in Oct.,
C o m pa n ie s C o n t r o l l e d in S y s t e m —T he follow in g table shows the 1898, has 66 miles of track. It controls the line from Chester to Media,
several companies operated, their mileage, capital stock, and the
also the line to Darby, where connection is made with the Union
amount of it owned by the Traction Company, their debt, and finally
Traction Company’s line to Philadelphia.
the rental payable under 999-year leases; 6 per cent here meaning 6
STOCK & Bonds—
Date. Interest. Outstand’g.
Maturity.
per cent on the outstanding capital stock; and $1 meaning a nominal Stook, $2.000,000.................................................................................
Coll, tr., gold, $4,000,000 ) 1898 5 g. A -O $1,567,000 Apr. 1,1918
rental, the company having only a nominal existence.
($500 and $1,000ea.).c* > Provident Life & Trust Co., Pnila., trustee.
.-------- Stock.------- ,
B onds —Of the collateral trust 5s of 1898, $1,567,000 represents
Name of Company.
Miles. Issued. Owned.
Debt. Rental.
Coalville Passenger Railway
5-67 $62,400 $33,700 $12,000 6p.o. purchase of 85 per cent of total stook of Wilmington City Ry., entire
Nanticoke 8treet Railway..
9-68 12,000
12,000
None.
$1
Pittst. Moosic & P. V. St. Ry.
1*95 42,000
42,000
None.
$1 capital stock of Chester Traction, all stock and bonds of Gordon
Pittston Street Car............. 8'82 200,000 200,000 200,000 ....... Heights Ry., and provides for construction and equipment of new line
Plymouth Street R ailw ay...
6'00 12,000
12,000
None.
$1 between Wilmington and Chester and improvements. Of the balance,
W. Pittston<te Wyo. St. Car..
2-25 30,000
30,000
None.
$1
$1,695,000 are reserved to retire underlying securities and guaranteed
Wilkesbarre & East Side?...
5-00 150,000 150,000 150,000
.....
Wilkesb. & Kingst Pass. Ry.
6'60 100,000
99,700 90,0 <0 6p.e. stock, $500,000 for future extensions, etc., and $238,000 remain in
Wilkesb. & Suburb. St. R y .. 1000 100,000
93,500 40,000 6p.c. company’s treasury.
Wilkesbarre & West Side....
9-63 100,000
92,450 35,000 6p.o.
OFFICERS—President, C. M. Clark; Vice-President, E. T. Moore;
Secretary and Treasurer, E. Ford Stevens.
1 Entire stook and bonds deposited under collateral trust of 1895.
1
LATEST E arnings —8 mos., > 1898...Gross, $325,429; net, $180,961
Jan. 1 to Aug. 31.
5 1897.. Gross, 315,604; net, 171,736
W I L M I N G T O N & N E W C A S T L E E L E C . R Y .—
STOCK & B onds —
Date
Interest. Outstand’g. Maturity.
ANNUAL R eport —'Official statement for 1897 was in V. 66, p. 285.
Stock............................
........................
$150,000
.............
Year end.Dec.S1. 1897
1896. I Year end. Dec.31.1897.
1896.
IstM ., $150,000, gold. $2,-( 1896 5 g.F -A
150,000 Aug.1,1926
Gross earns...$491,289 $507,861 I Taxes, etc........ $50,276 $43,380
000 an., $500&$l,000.o* ( Interest at Real Estate Trust Co., Phila.
Net................ 272,404
275,674
--------------------------Operates trolley road about 8 miles long.
Int.on bds., etc. 124,829
112,960 |Surp. for year.. $97,302 $119,334
BALANCE SHEET JANUARY 1, 1898.
Liabilities.
Assets.
Property&franch’s,con
Capital stook................$5,000,000
struction and equip t. $6,671,942 First mortgage bonds.. 1,500,000
P o pulatio n 1890 w as 20,056; in 1880 w as 17,350;
Personal property acct.
219,325 Collateral trust mort
and in 1870 w as 13,446.
C a sh ...........................
37,491
gage bonds................
325,000
Bills receivable...........
393 Bills payable..............
65,000
W I L M I N G T O N S T R E E T R Y .-T ro lle y | a n d steam road
Sf. Pittston St. Car Co..
18,000 Open accounts, etc......
37,379
ORGANIZATION—Chartered Feb. 10,1887. Franchise runs till 1937
Supplies on hand.........
8,535 Profit and loss, surplus.
120,848
Open accounts............
92,541
and gives exclusive rights to operate street railways in the city.
STOCK
Par. Date. Interest.
Total..................... $7,048,227
Total..................... $7,048,227 Common & B onds — • $100 ....................... Outstanding. Maturity.
stock..........
$100,000 f. p............. OFFICERS—President, B. F. Myers; Secretary, W. G. Eno; Treasurer 1st pref. 6 p. c. cum..
100 ......................
40,000 f. p ................
2dpref. 6 p. c. cum...
100 ......................
60,000 f. p................
and General Manager, John Graham.—V. 65, p. 152; V. 66, p. 285.
tiK n n n n J
5% 1895 6 g A - 0
150,000 Apr. 1,1920
Mort. gold $150,000.e £ Trustee, state Trust Co., New York City.
W IL K E S B A R R E & N O R T H E R N R R .ROAD— Owns 4-78 miles of trolley road and 1*2 miles of steam road.
O r g a n iz a t io n —Under construction in 1897, from Luzerne, Pa.»
REPORT— Year 1897, gross, $42,769; net, $14,073.
there to connect with Wilkesbarre & Wyoming Valley Traction, to
OFFICERS—President, H. A. Whiting; Sec. and Treas., J. W. Martenis.
Harvey’s Lake, Pa., 12 miles. Sold in Sept., 1898, to J. W .H ollen-
W I L M IN G T O N , N. C.
back, John Graham and others. V. 67, p. 488. The original is sue of
$200,000 bonds, used to partly construct road, will receive an equal
amount of new stock, and a new first mortgage will be created to
complete and equip it electrically, per plan in V. 66, p. 1190. Presi
dent, (March, 1898), John Graham.—V. 66, p. 1190; V. 67, p. 488.
W I N S T O N , N. C.
P o pulatio n 1890 was 8,018;
in 1880 w as 2,854;
and in 1870 w as 443.
W IN S T O N -S A L E M R A I L W A Y & E L E C T R I C
W IL L I A M S P O R T , P A .
P o pulatio n 1890
w as 27,132; in 1880 w as 18,934;
and in 1870 w as 16,030.
V A L L A M O N T T R A C T IO N —
ORGANIZATION— This company was formed May 15,1894, under an
agreement for consolidating the Vallamont Passenger Railway Com
pany, 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
—A trolley road. Combined population of Winston and Salem in 1897
stated at about 15,000.
O r g a n iz a t io n , E t c .— incorporated in 1891 fo r 90 years.
STOCK & B onds
Date. Interest. Outstanding. Maturity.
Stock ($300,000) ($100)...................................
$150,000
..........
1st M. ($250,000) gold ($1,000) \
S t a f f i m s t C o ^ Ä , N. Y?Cffty.
Road —Owns 7 miles of road, and also operates 100 arc and 2,500 in
candescent lights.
OFFICERS—President, J. H. McClement; Vice-President, F. J. Sprague
Secretary and Treasurer, R. G. Day. Office, 44 Broad St., N. Y. City.
92
STREET
W O O N S O C K E T , R. I.
P o pulatio n 1890
w as 2 0 ,8 3 0 in 1880 was 16,050;
and in 1870 w as 11,527.
W O O N SO CK ET S T R E E T R A IL W A Y ORGANIZATION—Incorporated June 4,1886. Stock, $140,000; bonds$200,000; unfunded debt June 30,1897, $110,075; 12-79 miles of track;
EARNINGS—For year ending June 30,1897, gross,'$51,305; net, $8,546;
interest, etc., $17,421; bal., deficit, for year, $8,875.
In 1895-6»
4?rossf $42,158; net, $5,370. Total passengers carried during 1896-97
w as 1,026,283; in 1895-96 was 843,154; in 1894-95 was 631,459; in
1893-94, 605,409.
OFFICERS—President, Edgar K. Ray; Secretary, Willard Kent; Treas
urer, Walter Whittlesey, Chelsea. Mass.
W O R C E S T E R , M ASS.
P o pulatio n 1890
w as 84,655; in 1880 w as 58,291;
and in 1870 w as 41.105.
W ORCESTER & BLACKSTONE
S T R E E T R Y . —A trolley road.
VALLEY
O r g a n iz a t io n — Owns 5-3 miles o f trolley. Opered Aug. 14,1897.
Road located in Millbury, Sutton and Grafton Capital stock, $60,000;
bonds, none. In February, 1898, Worcester & Suburban Street Ry.
Agreed to operate the line, operating expenses to be borne equally by
both companies.
W ORCESTER & M ARLBOROUGH STREET
R Y . —A trolley road.
O r g a n iz a t io n —Owns 17 miles of trolley traokin Worcester, Shrews
bury, Northborough, Westborough and Marlborough. Line opened
June 30,1897. Stock, $200,000. Bonds, $200,000, are 1st mortgage
20 year gold 5s, dated Oct. 1,1897; Amer. Loan & Trust Co., trustee.
For three monthsending Sept. 30,1897, gross, $23,141; net, $11,924.
In 1897-8, gross, $65,643; net, $22,855; interest and taxes, $13,931;
■dlv., 6 p. o., $12.000; def. for year, $3,077. President, G, Henry Whit•comb; Treasurer, S. Reed Anthony, 53 State Street, Boston.
W O R C E S T E R & S U B U R B A N S T R E E T R Y .A trolley road.
ORGANIZATION— Chartered in 1894 and absorbed the Worcester Lei
cester < Spencer and the Worcester & Millbury companies.
fe
STOCK» B o n d s , E t c . —
Date. Interest. Outstand’g. Maturity, etc.
Stock, $550,000 ($100)................................ $542,500 June 10,’98,2
1st M., $200,000,g. ($500) 0* > 1895 5 g. M -N
186,500 May 1,1915
red. at 104 aft. May 1,1900 j Int. at International Trust, Boston.
Current liabilities Oct. 1,1897, $79,200.
Dividends—In 1894, 5 per cent; in 1895, 3*2 p. c.; in 1896, 4 p. c.; in
1897, 4>a p. o.; in 1898, June, 2 p. o.
R o a d — Owns Worcester to Millbury, 8 miles track; Worcester via
Leicester to Spencer, 15 miles track; operates Worcester & Blaokstone
Valley Street Ry., 5-3 miles.
E a r n in g s — For year ending Sept. 30, 1897, gross, $144,758; net,
$45,032; int., taxes, etc., $26,082; bal., surplus for year, $18,950. In
1895-6, gross, $144,635; net, $52,063; int., taxes, dividends, etc.
$47,109; bal., surplus, $4,954.
OFFICERS—President and Gen, Man., Edwin L. Watson; Secretary
and Treasurer T. T. Robinson.—V. 60, p. 481.
W O R C E S T E R T R A C T I O N —A trolley road.
O r g anization —Organized in 1893 and purchased the entire capital
«took of the Consolidated Street By Go. of W
orcester, consisting of 31Lj
miles of track laid with 85-pound steel.
„ S tock AND Bonds —
Par. Interest.
Common stock..............................
Outstanding.
$3,000,000
Maturity.
None paid
Preferred stock cumu- >
6 F -A
2,000,000 Feb. 1,’98,3%
lative....... ---- - - -- - - - - 5 Red. at 105 and accrueddiv. on 3 mos. notice.
Debentures of Ry. Co. guaranteed—see Worcester Consol. St. Ry.
D ividends on P referred —in 1893,3 p. o.; in 1894, in Aug. 3 p. c.;
4n 1895, 6 p. o.; in 1896, Feb., 3 p. c.; Aug., 6 p. o. (3 p. c. on account
of deferred payments.); in 1897, 6 p. o. ; in 1898, Feb., 3 p. c.
O fficers —President, T. C. B a r r ; Vice-President, C. H. Clark, Jr.;
Treasurer, E. J. Moore.
D irectors —Thos. c. Barr, New ark; C H. Clark, Jr., Philadelphia;
.
J . H. Dewey, Worcester; Stephen Salisbury, Worcester; C. M. Wicker,
F
H ew York; A. G. Bullock, Worcester.—V. 61, p. 518.
( 1 ) WORCESTER CONSOLIDATED STREET RY.—A trolley road.
RAILWAYS.
For years ending Sept. 30:
Gross, 1896.................... $491,375
1895.................... 420,498
1894.................... 355,000
Gross, 1893................... $337,657
1892................... 342,450
1891............. ... 275,129
GENERAL BALANCE SHEET SEPTEMBER 30, 1898.
Liabilities.
Construction....... I.$1,112,917
Stock........................... $700,000
Equipment..........
266,315
Funded debt................
650,000
205,454
Other property...
Real estate mtges.......
4,500
Cash and curr’t assets..
31,183 Unfunded debt...........
144,533
Profit and loss, surplus.
116,786
$1,615,869
$1,615,869
OFFICERS—President, Francis H. Dewey; Vice-President, A. George
Bullock; Secretary and Treasurer, A. H. Stone; Superintendent, J. N j
Akarman.—V. 65, p. 1022.
( 2 ) NORTH E N D STREET RY.—A trolley road.
L ease—In 1895 leased to Worcester Consol. Street Ry. for 99 years.
Rental now $8,000 yearly. V. 61, p. 518.
Road , E t c .—Owns 5-13 miles of track. Capital stock, $110,000 (par
$100). First mortgage, $75,000,1895, due Feb. 1,1915; int. at 5 p. c.,
F. & A. Dividends— 1895-6 paid 2-65 p. c.; in 1896-97, 3 ^ p. 0.
In
Earnings—For year ending Sept. 30,1897, rental, $7,750; int., etc.,
$3,792; div. (3 ^ p. c.), $3,850; balance, def. for year, $108. Rental in
1897-8, $8,000.
Y O N K E R S , N. Y .
P o p u la t io n 1890 w a s 32,033; in 1880 w a s 18,892;
a n d in 1870 w a s 18,357.
Y O N K E R S R A I L R O A D . —A trolley road.
O rganization —In 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.
_ STOCK & Bonds—
Date.
Interest. Outstand’g.' Maturity.
Stock, $1,000,000 ($100)............................
$600,000
.......... .
1st mtge., $1,000,000, gu. 1896
5 A -O
1,000.000 Apr. 1,1946
Float.deot(net)June30,’97
___
25,369
.............. .
Road —O wns 10 miles of track, main line; second traok, ^ mile;
sidings, *2 mile; total, 11 miles. In Oct., 1898, it was reported that
the road would be double-tracked at onee.
Earnings —3 months, < 1898....... ...... Gross, $47,642; net, $18,072
July 1 to Sept. 30.
11897..............Gross, 33,207; net, 15,623
A n n u a l R eport —Fiscal year ends June 30.
Yr.end. June 30. 1898.
1897. I
1898.
1897.
Gross earntngs.$l 15,851 $104,671 Interest.........) * 0* aaa $30,000
Net................... 37,268
24,305 I Taxes............\ $35,986
4’627
Other income...
417
..........|Balance............ sr.1,699 df.10,322
—V. 62, p. 462, 644; V. 63, p. 558; V. 65. p. 515; V. 67, p. 635.
YO R K , PA.
P o pulatio n 1890
AND
w as 20,793; in 1880 w as 13,940;
in 1870 w as 11,003.
Y O R K S T R E E T R A I L W A Y - A trolley road.
STOCK E t c .—
Date. Interest. Outstanding. Last Div., ete.
$165,800f.p.
(See text.)
Stock $200,000 ($50)...................... .
1st mortgage............. 1896
5
130,000
1926
Loans June 30,1897............................
14,000
.............
Dividends.—Fiscal year 1895-96 about 4 p. c.; 1896-97, 3 p. c.
ROAD—Operates H H miles of traok, laid with 45 and 70 lb. rails.
E a r n in g s — For years ending June 30:
1897.
1896.
1897.
1896.
Gross................ $51,268 $56,273 Interest & taxes. $9,482
$6,043
Other income___
1,130
1,350 Dividends........
4,994
6,658
N e t......... ......... 9,581
15,066 Bal., def., for yr. 4,895
3,365
O f f ic e r s — President, W. H . Lanius; Vice-President, D . K . Trim
mer; Secretary, G. S. Schmidt; Treasurer, Chas. H . Mayer.
YOUNGSTOW N,
O H IO .
P o pulatio n 1890 WAS 33,220; in 1880
AND in 1870 w as 8.075.
M A H O N IN G V A L L E Y
was 15,435;
R Y . - A trolley road.
ORGANIZATION— Organized as Youngstown Street RR. Deo. 10,1873
and consolidated with the Mahoning Valley Ry. December 1,1896.
STOCK & B o n d s —
Date.
Interest. Outstand’g.
Maturity.
Stock.....................................................
$1,500,000
.............
Youngstown Street Ry. I 1891
6g. M -N
300,000
May 1,1911
1 st mortg’e, $300,000, <
Subject to call at par after May 1,1901
go ld.................. c*&r ( Interest at Central Tr. Co., trustee, N. Y. City.
Mah.Val. Elec, mortg’e, 5 1895
5 J-J
600,000
July 1, 1 9 1 5
$1,200,000 gold....... / Trustee, Central Trust, New York.
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—President. B. F. Miles. Cleveland; Vice-President. J. G.
Butler, Jr.; Secretary. J. E. McVey; Treasurer and General Manager,
A. A. Anderson.—V. 63, p. 924; V. 64, p. $3.
O r ganization —I ncorporated 1869. Capital stock all owned by the
Worcester Traction Go., which guarantees principal and interest of the
debentures. The road is now fully equipped electrically.
S tock & B o n d s .—
Date.
Interest. Oulstan’ing. Matur'y.&c.
P o pulatio n 1890 w as -¿1,009; in 1880 w as 10,011;
Capital stock, $100..................
Text.
$700,000
Text
1 st mort. bonds.......................
5
150,000
190 7
and in 1870 was 18,113.
Debentures, gold......o *)
1894
5 g. F-A .
500,000Feb 1 1914
Z A N E S V IL L E R Y. & E L E C T R IC C O Subjecttocall at 10 2 ^ 5 Guaranteed p.&i. by Worcester Traction Co
O RQAN IZATION— Organized July 8,1896, to purchase an electric-light
Real estate mortgages......
5
$4.500 On demand
Float, debt (net) Oct. 1,’98
.......................
13,400
. „
plant and also the Zanesville Street RR., subject to the 1st mortgage
of 1691. It was reported in 1898 that the consolidation was never
DIVIDENDS.— > For 1891-92.1892-93.1893-94.
Since to Mar ’97
i ercent........ 5
±
10
32
^
8p. 0 . peran- consummated —V. 67, p. 324.
R eceiver —W illiam Christy of Akron, O., appointed receiver of
ROAD—On Sept. 30, 1897, was operating 43-77 miles of track in
Worcester and vicinity, of which 33-89 miles was owned, 9-33 miles Zanesville Street RR. in Dec., 1897.
STOCK & B o n d s —
Date.
Int.
Outstand’g.
Maturity.
teased and -55 of a mile trackage. Leases the Worcester & Shrewsbury
Stock, $500,000..........................................
(?)
u
■Street Ry., etc., 4-2 miles. Rails 85 pounds steel. Extension through
Zanesville Street RR. 1st M. 1891
6 M -N
175,000
May i* 1911
Millbury to Grafton, 10 miles, to be completed by Dec. 1,1898.
°
Zanes. Ry.& Elec. 1st consol.) 1896 5 g;M -S noneAug.’98 Sept.1.1916
$500,000, gold ($1,000) c* > Int. at Intern’l Tr’t Co., Bo -ton, trustee.
A n n u a l R epo r t —For years ending Sept. 30 earnings have been •
Road —Zanesv. St. RR. operates 10 miles of track on 8 miles of street.
1898.
1897. I
1898.
1897
OFFICERS—President, John Hoge; Vice-President, W. H. Bateman;
Gross earng’s.$537,873 $508,856 |Dividends.........$56,000 $56 000
Net earnings.. 143,620
123,041 Bal., sur. for year 15,296
*367 Secretary, K. B. Conger; Treasurer, G. H. Stewart.—V. 65, p. 1127 —V
Int.,taxes, etc. 72,324
66,674 |
67, p. 324.
Z A N E S V I L L E , O H IO .
INDEX
TO
9*
RAILWAYS.
A B B R E V IA T IO N S ,
E
t c
.
The terms and abbreviations employed in this Su pplem ent are explained in the following :
‘ S T O C K & B O N D S ” —Under these words are shown—
S T O C K ”__The amount of stock authorized immediately follows the word “ stock”, and against this is the par value of single shares, viz.:
-Stock $ S S o O O -$ 10 6”, means stock, total issue authorized by charter or hy act of legislature, $200,000, divided into shares of $100 each;
'•
»toe» en
titled to dividen o 6 per cen per a n m »n dividend.
d, t
t
n u , on
a n t paid aZUating, ail dividen d e an un
o
d, u
d paid to n paid in Ml tor each an every ye«he,ore th
e
d
e
to S
j f Pref. 6p c n M u .” m
. . o -c m
ean sim ly th th sto is en
s
p
at e ck
titled to 6per cen per an u if earn , but th if un
t
nm
ed
at
earn in an year th dividen
ed
y
e
d
for th year w n be paid su
at
ill ot
bsequ tly.
en
"
,
“ ROND'V’ “M
_ ort.” or “M m s m
.” ean ortgage. “ C n l.” or “ c n M m s con
o so
o . .” ean
solid
ated m
ortgage. “G . M m s gen
en . ean
eral m
ort
gage. The am n next
ou t
following is th total au orized am n th can be issu un
e
th
ou t at
ed der th m
e ortgage. T e w
h
or g
o
su
su y sp ^
out, but in some instances is contracted to “ g,” while “ cur.” means currency.
w
mav be registered as
“ Conv.” means convertible into stock. “ S. f.” means sinking fund. “ o.” means coupon; c. m
e
a
n
s
^
c
o
„
m „
-to nrincinal- and “ c *&r ” means that registered certificates without coupons as well as coupon bonds are outstand g.
Vm e i r pm m
ile »J«15,000 " m” ean. that the! » . » . o, houd. 1» re.trie.ed to $15,000 for «m mile ot track. « Guar.” mean, gmmauteed, and
h
guar. p. & i. (end.) ” means guaranteed as to principal and interest, the guaranty being endorsed on each bond.
“ D A T E”—The date of issue on the face of the bonds is indicated under the word “ date.’ ’
“ IN T E R E S T ”—Under this heading is given the rate per cent yearly of the interest payable on the bonds or (if guaranteed) of the div*
payableTn toe stock; alsottm months when the interest or dividend is p a y a b l e , thus, “ 6 J - J ” means 6 per cent per.annum payable Tam,.ary
a nd Jul v°,ncon-espondin gly “ P - A ” is used to mean February and August; “ M - S ” means March and September, and soon, w h l e “ Q - J
m e a n f qA aitoly b e i n S n i in January and “ Q - F ” quarterly beginning in February. [The day when the interest payment is due can
generally be determined by noticing when the loans mature, the day of the month there given being in most cases the same as for one of t 6
interestdates^The
„traok„ m 8 in S
ean
treet R
ailw parlance all track w eth m lin sid g, sw
ay
, h er ain e,
in
itch or seco dtrack “R
n
.
ails are
gO-lb. girder ” means that each rail weighs 80 pounds to the yard.
I ndex
to
R a il w a y s .
P age .
P age .
P age
} } C r Ky.)—See
S
kron Bedford & Cleveland R R ■ -........ 30 Binghamton Lest. & Union—See Bing. RR.
Binghamton R a i l r o a d , *1' 11
M
kron & Cuyahoga Falls Rapid Transit—
Birmingham Knoxville & Allentown TraO'
Akron Street RR.—See Akron Street Ry. &
Capitol North O St. & South W .—See Belt Ry. 89
tion—See Pittsb. & Birmingham T r.........
Illu m inatin g.......... . . . . . . . . ................... Z Birmingham Railway & E leotrio.............. 73 Carbondale & Forest City Pass Ry.—See
14
Akron Street Ry. & Illuminating............... 7
Carbondale Traction............................... 23
Birmingham Traction............................... 14 Carbondale Traction..........-.-----.---• ----- %
Alamo Heights RR......—
---- it * * •
%
Black Rock & Salisbury Beaoh—See Haver
A lban y Helderburg & Schoharie Elec. Ry.. 7
Carpentersv. Elgin & Aur.—See El. City Ry. 38
............... . . . . . . . .
hill & Amesbury
Albany R y ............................................... .
Black River Traction (Watertown, N. Y .).. 90 Cass Avenue & Fair Grounds Ry—See
Algiers Gouldsboro & Gretna R y . . . . . . . . . . . 57
National Railway System.................. --•- 80
Allegheny & Bellevue—See Fed. St. & PL V. 7 ^ Blanchard Avenue Passenger Railway...... 39 Catharine & Bainbridge Streets Ry—See
Allegheny St.—See Federal St. & Pleas.Val. 72 Bleeoker Street & Fulton Ferry RR—See
- - 67
Philadelphia Traction System....... .
Metropolitan St. Ry. System.................. 5g Catootin & Myersville Elec.—See Frederick
Allegheny Traction—'■'ee Cons’d Trac. Sys. - 72
Allent’n & Beth R. T.—See Allen. & L. V. T. 8 Bloomfield Street—See Pittsburg Tr. Svs... 73
& Mid. Elec. R y ......................................
Allentown & Lehigh Valley Traction.... ... 8 Bloomington City Rv—See Bloomington &
Catskill Electric R y ................................... 23
Normal Street Ry................................... i f
Alley Elevated. See South Side Elevated.. 27
fi
Bloomington & Normal Street Ry .......... 14 Cayadutta Electric...................... St. Ry - - 45
Alton Improvement Ass’n—See Alton Ry.
Cayuga Lake Elec. Ry.—See Ithaca
Boston
g Boston & Chelsea—See Lynn & Boston Sys. 15 Cedar Rapids & Marion City Ry............. .
& Illuminating.......................................
23
Consol. Street—See West End St. Ry. 14 Central Avenue Ry. (Oakland, Cal.)—See
Alton Railway & Illuminating..................
»
If
Altoona & Logan Valley Electric Ry . . . ... 8 Boston Elevated R R ............
Oakland Transit Co............. ........ ----- •
Boston & Revere Elec.—See Lynn & Boston 15 Central Crosstown RR.—SeeMet.St.Ry.Sys. fo
Am bler Elec.—See Schuylkill V. Trac. Sys.. 63
59
Amherst & Sunderland St. R y.................... g Bowling Green R a ilw a y ....................----- 15 Central Eleotrio Ry. (Kansas C i t y , M o . ) 47
Central Elec.—See Sacramento Elee.G.& Ry. 78
Amsterdam Street R R ...............................
g Braddock & Turtle Creek Passenger Railway—See UnitedTraotion.............
70 Central Jersey Trac. (N. Y. & Phila. Trac.*. 87
Anacostia & Potomac River R R ................ 88
Anderson Elec. St. Ry.—See Un. Trac. Co.. 8 Braintree Street Railway........................... 15 Central Park North & East River RR.—See
Ann Arbor & Ypsilanti Eleotrio R y.........- - 9 Braintree & Weymouth Street Ry.............. 15
Metropolitan St. Ry. System.................... 59
Bridgeport (Conn.) Traction........
Anniston (Ala.) Electric Co........................ 9 Bridgeton & Millville Trac. (Bridge., N. J.). I f Central Pass. Ry.—See Central Traction— 71
16 Central Pass. Ry.—See Louisville R y ......... 51
Arlington Heights Motor R y ..................
84
Brigantine Transportation Co. (formerly
Central Ry.—See Baltimore City Pass. Sys. 11
Asbury Park & Belmar Street Ry.—See AsBrigantine Transit)....................- .......... I f Central Ry. (Peoria, H U ........ ................... 67
bury Park & Sea Girt R R .................. - - - • g
Central Ry. & Electric (New Britain, Conn.) 56
Asbury Park & Sea Girt R R — .................
9 BrightwoodRy...................... - - ...... - ........
Bristol & Plainville Tramway (Conn.)... ... 16 Central Traction—See Cons’d Trac. Sys...... 72
Asheville Street Ry ........................—
g
Ashland (Wis.) Light, Power & Street Ry... 9 Broadway RR—See B ’klyn Queens Co. & S. 17 Central Traction (St. Louis, Mo.).............. 79
Ashtabula Rapid Transit........................... 9 B ’way & 7th Ave. RR—See Met. 8t. Ry. Sys. 59 Central Traction (Sioux City, Iowal ......... »4
Astoria (Ore.) Street Ry............................
g Broadway Surf. RR—See B ’y&7th Ave.RR. 59 Chagrin Falls & Eastern Electric Ry. ------ 30
Atchison Ry. Light & P o w e r.....................
g Brockton Bridgewater & Taunton St. Ry.. I f Chambers St. & Grand St. Ferry. See Met
Brockton
y ..................
If
Athens (Ga.) Electric R y........................
10 Brooklyn Street R Ry (Kansas City)---- .... 47
St. R y ......................... .. ..... ... ir e -" " -/ 58
Avenue
Champaign Rapid Transit—See Urbana &
Athol &- Orange Street R y.........................
g
Atlanta Consolidated Street R R .............-- lg Brooklyn Bath & West End RR.—See
Champaign Ry. Gas & E. Co. ................. 23
Nassau Electric.................... ■• ---........... SI Charles River Street—See West End St...... 14
Atlanta Elec. Ry......................
lg
Brooklyn Cable Co.—See United R R .......... 21 Charleston City Ry.................................... 23
Atlanta R ailw ay........ - - -- - - - - - .......--:
lg
Atlanta St. RR.—See Atlanta Oonsoliiated 10 Brooklyn City & Newtown R R ................. 19 Charleston & Seashore R R .......—
¿3
Atlantic Ave. RR.—See Nassau Elec.......... 21 Brooklyn City RR—See B ’klyn R. T ........ ... 16 Charleston Stl Ry.—See Charleston City Ry 23
Atlantic Coast Electric R R ....... ...................50 Brooklyn Crosst’n RR.—See B’klyn Rap.Tr. 16 Charlotte Street Ry.—See Charlotte Elec.
Atlantic Highlands Red Bank & Long Br’ch 50 Brooklyn Elevated RR—See B ’klyn Un. El. 17
Ry. Light & Power Co.....................- - ..... 23
Brooklyn Heights RR.—See B’klyn R. T...... 16 Charlotte Eleotrio Ry. Light & Power Co... 23
Attleborough N. Attleborough & Wrentham
St. Ry.—See Inter-State Consol................ 63 Brooklyn Newt’n Jamaica & Flushing RR.. 19 Chattanooga Electric R y...............- - - -....... 24
Brooklyn Queens County & Suburban RR.—
Chattanooga & Lookout Mountain R R ...... 24
Auburn City R y ......... .. . . . . . . . — ------- l g
See Brooklyn Rapid Transit.................... 16 Chatt. & No. Side St. Rv.—See Signal Mt. Ry. 24
Augusta (Me.) Hallo well & Gardiner R R ... 10
Augusta ('Ga.)Ry. & Electric Co.......
lg Brooklyn Rapid Transit.................. «-••• - 16 Chattanooga Rapid Transit........................ 24
Aurora & Geneva—See Aurora Street Ry... l g Brooklyn (O.) St. RR.—See Clev. Elec. Ry.. 29 Chester Darby & Phila.—See Chester Trac.. 24
Brooklyn Traction—See Nassau Electric. .. 21 Chester & Media Elec. Ry.—See ChesterTrao. 24
Aurora Street Ry....................................... l g
Austin Rapid Transit R r ........................... 10 Brooklyn Union Elevated....... - ................ 17 Chester Street Ry.—See Chester Traction... 24
Brunswick Traction................................... 56 Chester Traction..............................
24
abylon R R ........................................... 10 Buffalo Bellevue & Lancaster R y.............. 21 Chicago City R y......................................... 24
abylon & North Shore R R ........... -....... 11 Buffalo East Side St. Ry—See Buffalo Ry.... 21 Chioago City R r Transit Co....................... 24
Baden & St. Louis RR.—See Nat’l Ry. Sys../ 80 Buffalo & Lockport St. Ry......................... 49 Chicago Det. & Tol. RR. (Detroit, Mich.)... 34
Ballston Term’l RR. (Ballston Spa, N. Y .).. 11 Buffalo Hamburg & Aurora R y ................. 21 Chicago Eleotrio Traction........................... 28
Buffalo & Niagara Falls Electric Ry......... 21 Chicago Elec. Tran.—See West Chicago Sys. 28
Baltimore Catonsville & Ellicott’s Mills
RR.—See Baltimore Consol’d R y............. 11 Buffalo N. Main St. & Tonawanda R y ........ 21 Chicago General Ry................................... 25
Baltimore City Passenger Railway............ 11 Buffalo Ry ................................................ 21 Chicago & Jefferson Urban Transit—See
Baltimore Consolidated Ry........... -— - - - • 11 Buff. Ton. & Niag. Falls Elec. RR.............. 22
West Chicago 8t. Ry. System................... 28
Balt. Middle Riv. & Sparrow’s Pt. Elec. Ry. 11 Buffalo Traction.......................
22 Chicago & Milwaukee E leo trio ................. 24
22 Chicago North Shore St.—See W. Ohio. Sys.. 27
Baltimore & Northern Electric R y ............. 11 Buffalo & Williamsville Electric Ry....... .
Baltimore Traction—See Balt. Consol. Ry.. 11 Burlington (Iowa) Ry. & Light Co........ ..... 22 Chicago Pass. Ry.—See West Chic. St. R R .. 27
Baltimore & Washington Transit.............. 89 Burlington (Vt.) Traction.......................... 22 Chicago & So. SideR. T.—See So. Side Elev. 26
Bangor Hampden & Winterport Ry..... ,— 13 Butte Consolidated Ky............................... 22 Chicago West Dlv. Ry.—See W. Chic. St. RR. 27
Bangor Orono < Old Town R y .................. 13
fe
.................. . 22 Chippewa Val, Elec. Ry. (Eau Claire, W is.). 38
iairo ...
Electric Ry.
Bangor Street Railway............................. 13
alals (Me.) Street Railway..................... 22 Christopher & 10th Streets RR.—See Met. St.
Bath (Me.) Street Railway......................... lg
Ry- System.........................................
59
California Street Cable............................... 82
Bay Cities Consolidated Railway............... lg
Cicero < Harlem St. R y ............................ 25
fe
Beatrice (Neb.) Elec. Co............................ 13 Calumet Electric St. R y............................ 24 Cicero & Proviso St. Ry.—See West Ch. Sys. 28
Calvary Cemetery Greenpoint & Brook
Beaver Valley Traction.............. .— - - —
lyn Ry.—See Brooklyn City R R ............... 17 Cincinnati & Hamilton Electric St. R y ...... 30
Bellaire Bridgeport (O.) & Martin’s Ferry
14 Cincinnati Hamilton & Dayton Traction,
Street Ry...'..............- — - - - — ............. l g Cambridge RR—SeeWestEndSt.Ry., Boston 22
(Dayton, O ) ............................................ 34
Belle City Elec. Co., Racine, W is................ 76 Camden Gloucester & Woodbury Ry..........
Cincinnati Hamilton Middletown & Dayton
Belleville Electric Railway....... .
------- l g Camden Horse R R ..................................... 22
Street RR.—See Millcreek Valley R R ...... 30
Belleville & Newark—See Newark Pass. Ry. 46 Camden & Suburban R y ............................ 22 Cinoin. & Miama Val. Trao. (Hamilton, O.) 42
Belt Line Electric (Lexington, K y.)........... 49 Canal & Claiborne R R ............................... 57 Cincinnati Newport & Covington R y ......... 33
Belt RaUway, The (Washington, D. C.)....... 89 Canandaigua Elec. L. & R R ....................... 23 Cincinnati Street Ry.................................. 30
Bennington & Hoosick Valley R y ............. 44 Canisteo Valley Ry.—See Hornellsvilte &
Canisteo R y ........................................... 44 Citizens’Elec. Ry. L. & P. Co. (Mansfield, O.) 52
Bennington & Woodford Elec. Ry —---- . .. . ¿3
Citizens’ Pass. Ry.—See Harrisburg Trac... 42
Benton-Bellefontaine Ry—See Un. Dep. RR. 80 Canton—Massillon Electric Ry.................. 23 Citizens’ Pass.—See Sohuylkill Val. Tr. Sys. 63
Canton St.—See Canton-Massillon Elec-. — 23
Bergen County Traction...........
43
Citizens’ Pass. Rv. (Phila.)—See El. Tr. Sys. 68
Bidaeford & Saco Railroad........................ 14 Cape May Del. Bay & Sewell’s Point Elec. Ry 23
A
B
C
$4
INDEX
TO
RAILWAYS.
Pa
Citizens’ Pass. Ryr—
See Citizens' Trac...... t L East Hartford < Glastonbury Horse RR—g e
fe
Green < Coates Streets Philadelphia Passen
fe
Citizèns RR. (St.%ouis)—SeeNat’l Ry. Sys. 80
See Hartford Street Ry.....................
42
ger Ry—See People’s Traction System
68
Citizens’ Ry. (Waco, Tex)
y
qq East Liverpool Railway
.............. _!J
3 7 Greenfield < Turners Falls Street Ry. ___ 42
fe
Citizens’ Rapid Transit (Nash'^ïleÏTenn.)" 54 East Liverpool < Wells ville Street RR.—See
fe
Green Lake Electric Ry.......................... " 83
Citizens Street RR. (Indianapolis, Ind.)... 44 East Liverpool Railway ..................
37
fe
Citizens Street RR.—See Memphis St. Ry.*. 52 East Middlesex St.Ry—See Lynn < Bos. Sys 15 Greenp. < Lorimer St.—See Bkln. Rap.Tran. 17
fe
8£v < ? «M «r o -t h e -H Îd s o n N. Y.) 39 EastOakland St. Ry.—See Oakland Tr. Co 65
agerstown < Potomac Electric R y ...... 42
fe
Citizens Street Ry. (Kalamazoo, Mich)—
East Omaha Street R y............................. ! 65
agerstown Railway............................. 42
See Michigan Traction..........
47 Easton«fe Bethlehem Tran—See Easton Tran! 38 Hammond Whiting < E. Chi. Elec. R y..!!! 42
&
Citizens’ Street Ry. (Muncie, Ind.*)."*!’ * * ** 55 Easton Palmer < Bethlehem Elec. R y...... 38 Hampton < Amesbury St. Ry.—See Exeter
fe
fe
Citizens Traction (Oshkosh, W is.)....... .
66 Easton Transit........................... . . . . . ! ...... 38
Street R y ......................................
39
Citizens Traction—See Cons’d Trac. Sys!!. 72 East Penn Traction—See Newtown* & Del
Harrisb. City Pass.—See Harrisburg Trac!. 42
Citizens Traction (San Diego, Cal.).......... 81
g7 Harrisburg < Mechanicsburg Electric Ry.. 42
aware R. Trac................................
&
® }ectI^c Ry. (Decatur, ill.)........... ' ' 34 East Reading Elec. Ry—See Reading* Tract. 75 Harrisburg Traction............................ .. 42
City Electric Ry (Port Huron, Mich.) ....!! 74 East St. Louis Electric Street R R .......
3 7 Hartford Manchester ¿ Rockville Tramway 42
City Electric Ry. (Rome, G a.).................... 7a East Side RR.—See West Side RR., 'Ëiinirâ
42
Hartford < Springfield R y.......................
fe
City Park Ry. (Tacoma, Wash.).,........... ’ an
N. Y ....... .............................................. ’ 36 Hartford Street Ry....................................! 42
Wty Park Transit................................ " " 34 East Side Ry (Portland, O re.)...!*.!!.!....... 74 Hartford < West Hartford Horse R R .. ! " 42
fc
Pass.—See Altoona & Logan Val. JÉi
8 Eau Claire St.—See Chippewa Val. Eleo
38 Hartford < Wethersfield Horse RR—See
fe
City Railway (Dayton, Ohio)...........
*" 34 Eekington < Soldiers’ Home Rv.—See citv
fe
Hartford St. R y ....................................... 42
City Ry (Ft. Worth, Tex.)...................." " 39
< Suburban R y................................
fc
y gq Haverhill < Amesbury Street R y .............! 43
&
City Street RR—See Chattanooga Elec. Ry! 24 Egypt Electric Co........................
22 Helena G. L. < Coke—See HelenaP. & L ... 43
fe
City & Suburban—See Balt. Consol. Ry...... n
Eighth Ave. RR .—See Metrop. St. Ry.Svs*’ 59 Helena Power < Light............................... 43
fe
C,i*y & Suburban RR.—See Memphis St. Ry. 52 Electric Ry. Light < Power (Sedalia, Mo.)—
fc
Henderson (Ky.) Electric Street Ry............ 43
City & Suburban Ry. (Portland, Ore.)...... 74
8ee Sedalia Electric < Railway___
fc
84 Herkimer Mohawk Ilion < Frank. Elec. Ry. 43
fc
City < Suburban RR. (Savannah, Ga.)...... 30 Electric Traction (Philadelphia, Pa.) ........ 68 Hestonville Mantua < Fairmount Pass. Ry. 68
fc
City < Suhuran Ry., Wash., D C............... ao Elgin City Carpentersville < Aurora Rv * 38 Highland Av. Belt < fe
fc
fc
fc RR. (Birmingh., Ala.) 14
City & West Portland Park Motor.............! 74 Elgin City Ry.—See E. C. C. < A. Ry..
&
** 38 Highland Park < Fruit Vale RR.—See Oak
&
Cleveland Berea Llyria < Oberlin Ry..
v
30 Elizabeth Street Ry.............
3g
land Transit Co........................................ 65
Cleve. < Berea St. ky—See Cl. B. Ely. & Ob. 30 Elmira v Horseheads R y .......................... 3 g Highland Park Ry—See Detroit Cit. St. Ry! 34
&
Cleveland & Chagrin Falls Electric...... .. 30 Elmira Munie. Imp.—See El. & Horseh. Ry* 38 Highland RR. (New Albany, Ind.).............. 56
Cleveland City Cable Ry.—See Clev. C. Ry! 30 Empire Pass. Ry—See Phila. Traction Sys
68 Highland St. Rv—See West End St. R y ...... 14
39 Englewood < Chicago Electric Ry.—See
Cleveland City Ry..............
&
Hingham (Mass.) St. R y.......................
43
Cleveland & Eastern RR............! ! ! ! ! ! !
39
Chicago Elec. Trac. . .................
28 Holmesburg Tacony «fe Frankford Elec. Ry. 70
39 Enterprise RR —See Charleston City Ry! * * 23 Holyoke Street Ry..................................... 43
Cleveland Electric Ry.................
Cleve. & Elyria Elec.—See Clev. B.*Ë.*& Ob! 30 Erie City Pass. Ry—See Erie Elec. Motor. * 38 Home Avenue ER. ; .......... ......... ............... 34
Cleveland Medina < Southern..............
fc
31 Erie Electric Motor Co.............. .
38 Homestead < Highlands Street R v.—See
fe
Cleveland Painesville & Eastern R R Ü ....... 32 Erie Rapid Transit Street Ry.. ! ! .............. 3 «
Monongahela St. Ry.. PRtsburg, P a ...... 73
Coalville Pass.—See Wilkesb. & W. Va! Tr!* Qi Escanaba Electric Street R R ..
.............. 38 Hoosac Valley (North Adams, Mass.)St. Ry. 63
" 30 Essex Elect. St. Ry—See Lynn < Boston RR 15
Cohoes City R y...............................
fe
Hoosiok Ry.—See Bennington «feHoosie Val. 44
Colfax Avenue Electric.____ ! ! ! ! ! ! ! ! ! ! ! ! . " ’ 34 Essex Pass. Ry—See Newark Passenger Ry. 61 Hornellsville & Canisteo Ry...................... 44
Colonial City Traction ........... ! .............. 47 Evanston (111.) Electric Ry.—See North
Hornellsville Electric Ry........... ............... 44
Colorado Springs Rapid T ran sit..!!!!...........32
Chicago St. Sys.............g. 4................
27 Hot Springs Street R R ............................... 44
Columbia Construction Co. See Northwest
Evansville Street R R .................. " ........... 33 Houston
Street R
44
ern El., Chicago....................................
07 Exeter (N. H.) Street Ry........ ! ! !! ! ! !! ! ! ! !! ! 39 Houston Electrio Electrio y........................! 44
Heights
St. R y.............
Columbia, S.C., Elec. St. Ry. Light & Power 32
Houston W.St.«fe Pav.F.—SeeMetro’n St.Ry. 58
Columbia & Maryland—See Maryland Trac. 11 J^airhaven_ < New Whatcom Ry.—See
fe
Hudson Street (N. Y.) R y ........................
44
Columbia Railway........... .
on
Northern By. < Imp’t.............. ......... 39 Hull Street R y.......................................... 44
fc
Columbia Traction Light ¿ Pow er............. 32 Fair Haven < Westville R R ___
. ! ...... 57 Huntington R R ................................ . ..... 44
fe
Columbus Central Ry., Columbus, Ö! ! !...... 32 Fairmount Park < Delaware River Passen
fc
Columbus, O., Consolidated Street Ry —
ger—See Germantown Passenger Ry
68
llinois Traction...................................... 26
See Columbus Street Ry .
32 Fairmount Park < Haddington Pass. Ry—
fe
ncline < Narrow Gauge Ry. (Chattanooga) 24
fe
Columbus & 9th Av. RR.—See Metropolitan
See Hestonville Mantua < Fairmount.
fe
68 Indiana Electrio Ry
.............................41
Street Ry.....................
Fairmount Park Transportation Co .
70 Indianapolis «fe Broad Ripple Rap. Transit! 45Columbus, Ga., R R .........!!!!!*.................... 30 Fairmount Passenger Ry—See Hestonville
Inter-State Consolidated Street R y ............ 63
Columbus, O., Street Ry..
. .............. 30
Mantua < Fairmount Passenger Ry
fc
68 Inter-Urban Railway (Saginaw, Mich.)....... 79
Commonwealth Avenue Street Ry! ! *_ */ ! ! ! ! 62 Fall River Street Ry.—See Globe St. Ry
! .
39 Ithaca Street R y........................................ 45
Compton Heights Union Depot & MerFalls Road Elec.—See Balt. < N. Eleo
fe
11
chants’ Terminal Ry—See Lindell Ry. Svs. 79 Federal Street < Pleasant Valley Ry.—See
fe
ackson Street Ry.................................... 45
Concord Street Ry........
J *
30
United Traction System, Pittsburg......... 72
acksonville (111.) R y .............................. 45
Coney Island & Brooklyn R R ............ ***'‘ ‘ 19 Ferries < Cliff House Ry—See Market St. Ry. 81 Jack’s Run—See Federal St. < Pleas. V a l... 72
fe
&
Conshohocken Ry—See BohuylMÎl *YÜÛev
Findlay Street R y ...........................
39
< Brooklyn Road—See Brooklyn
fe
63 First Avenue Ry. (Seattle, Wash ) ......!.!." 83 Jamaica Transit......................
Traction System..........
Rapid
17
Consolidated St. Ry. (Grand Rapids, Mich.) 41 Fishkill Elec. Ry.—See Citizens’ Street Ry. 39 Jamestown Street R y................................ 45
Consolidated St.—Bee Portland (Ore.) Rv. 74 Fitchburg < Leominster Street Ry
fc
39 J ânesville Street R y ................................... 45
Consolidated Traction of New Jersey........ 46 Flushing < College Point Elec. Ry.—See
&
Jasper County Electrio Ry. (Carthage, Mo.)
Consolidated Traction of Pittsburg, P a __
72
N. Y. < Queens Co...................... . . . ...! 50
fe
See Southwest Missouri Eleo.,Webb City. 99
Continental Pass. Ry—See Phila. Tract. Svs. 68 Flushing < South Shore RR..............
fc
50 Jefferson Avenue Ry................................... 79
33 Fort Clark St. Ry. See Cent. Ry. (Peoria) * 67 Jeffersonville City R y........... .......... ! ! ! *.*. 45
Cortland & Homer Traction..............
.’
Corrigan Consolidated St. Ry—See MetroFort George < Eleventh Avenue RR.—See
fe
Jersey C’y < Bergen RR—See Cons.Trac. Sys! 46
fe
politan Street Ry., Kansas City, Mo
47
Supplement for August, 1898.
Jersey City Harrison < Kearney Ry. Co.—
fe
Cottage City Street R y......
'3 3
Fort Pitt Traction...................................... 72
See Consol. Trao. Sys..............................4 6
Councü Bluffs Street R y .-S ee ' Ömäha &
Fort Smith Street R y............................. ! ! ! 39 Johnstown Gloversv. < Kingsbo. Horse Ry. 41
Council Bluffs R y............
64 Fort Smith Traction, Light & Po w e r.!!!!!! 39 Johnstown Passenger & y........................... 46
R
Crescent City R R —See New Orleans Tr
* 57 Fort Wayne Consolidated Ry....................! 39 Joliet Railroad.......................................... 47
Cripple Creek District Ry. .
33 Fort Wayne Electric—See Ft. W. Consol Ry! 39
Crosstown Street Ry—See Buffalo*Ry!!!!!.'* 21 Fort Wayne < Elmwood—See Detroit Ft.
fc
ankakee Electric Ry............................. 47
Crosstown St.—See Columbus Street....
32
Wayne < Belle Isle Ry............................ 35
fc
ansas City Cable—See Metropolitan St. 47
Cuyadutta Electric R R ........................... " 49
Fort Wayne < Belle Isle Ry.—See Detroit
fe
Kansas City Elev. Ry—See Met. St. R y ...... 47
Fort Wayne < Belle Isle R y.................. 35 Kansas City < Independence Rap. Tran.
&
fe
allas City Street Ry.—See Dallas Consol.
Fort Wayne Street RR.—See Fort Wayne
Ry—See Metropolitan St. R y................... 47
Electric R y.............................
33
Consol. Ry............................................... 39 Kansas City Traction—See Met. St. R y ...... 47
Dallas Consolidated Electric StreetRv...... 33 Fort Worth < Arlington Heights Street" Ry*. 39 Keyport < Matawan St. R R .....................
fe
47
fe
Dallas & Oak Cliff Electric R y .............. Ü ! 33 Fort Worth Street Ry..........................
39
Kings County Elevated............................. 19
Dallas Rapid Transit & Terminal
33 Forty-second Street < Grand Street Ferry
fe
Kings Co. Traction See Nassau Electrio... 21
Danbury & Bethel Street Ry........... !!!!.’ !!! 33
RR—See Metropolitan St. Ry. System..... 59 Kingston City R R ...............................
48
Danville (111.) Gas, Electric Lt. & St! Ry*** 33 Forty-second St. Manhatv. < St. Nicholas
fc
Knoxville Street RR.—See Knoxville Trae! 48
Dartmouth & Westport St. Ky., New Bedford 56
Ave. Ry—See Third Avenue System....... 61 Knoxville Traction................................... 4gDavenport < Rock Isl. Ry—See Tri-Citv Ry 33 Fountain Head RR. (KnoxviUe, Tenn.) -See
fe
Kokomo City Street R y ........................ * " " 48
Dayton < Soldiers’ Home RR—See City Rv. 34
fe
Supplement of Feb., 1898.
Dayton Springfield «fe Urbana Elec. R y ..... 34 Fourth St. < Arsenal Ry..........................
fe
79
ackawanna Valley Traction—See SeranDayton Spring Vail. & Wilmingr,on Transit. 34 Fox River Electric Ry. (Green Bay, Wis.j " 41
ton Ry................................................ 83
Dayton Traction.....................................:• 34 Framingham Union Street Ry..................... 40
LacledeAve.«fe4th St.Ry.-See Missouri RR.. 79
Dayton & Western Traction....... 34
Frankford < Southwark Passenger Ry.—
fe
Laconia Street Ry...................................... ¿8
Dayton & Xenia Traction........ ............. 34
See Electric Traction System................... 68 Laconia «fe Lakeport St. Ry.—See Laconia
Delaware County < Philadelphia Elect! Rv! 69 Frankf’t < Suburban Ry. (Frankfort, Ky.) 40 - St. R y...................................................... 48
&
fe
Delta Electric Co.—See Egypt Elec. Co ..
22 Frankfort < Utica Street R y...............
* 88 Lacrosse City R y.. ......................................
fc
48
Denver City R ailroad............................... 34 Franklin Electric Street Ry...................
40
Lake Cities Electric R y ..........................! " 53
Denver Consolidated Tramway
" 34 Frederick < Middletown Élec. Ry___ * * 40 Lake Ont. & Riverside Ry. (Oswego, N. Ÿ .)! 66
&
Denver Lakewood & Golden RR ....’.**'....... 34 Front St. Cable Ry.—See First Ave. Ry.,
Lake Roland El.—See Baltimore Consol’d.. 11
Denver Tramway—See Den Consol. T ram " 34
Seattle, W ash...................................... _ g3 Lakeside Street Ry.—See Duluth St. R y ___ 37
Denver & Westminster R y ...
35 Fulton Elevated—See Kings Co. Elevated. 19 Lakeside Ry., Mahanoy City, P a ................ 52
Derby Street R y..............................
35 Fulton < Oswego Falls—See Lake Ontario
&
Lake Street Elevated R R ............................ 25
......................... 35
Des Moines City Ry
< Riverside R y........... ...
&
65 Lancaster City Street—See Penn. Traction! 48
Des Moines St. RR—See Des Moines’ City Rv! 35 Fulton Street RR—See Met. St. R y .'sy s*"" 60 Lancaster & Columbia—See Penn. Traction 48
Des Moines Suburban Ry—See Des M. City. 35 Fulton W all < Cortlandt St. Ferries RR.—
&
Lancaster Traction—See Penn. Traction.... 48
Detroit City Ry—See Detroit Citizens’ St. Ry. 35
See W all < Cortlandt Street Ferries Ry.. 61 Lansing City Electric Railway (Michigan) . 48
fe
Detroit Citizens’ Street R y..................
35
Lansing Dexter «fe Ann Arbor Elt otrie Ry 48
Detroit Electric Ry...,___ .
35 f^ a le s b u rg Electric Motor < Pow er.. .
&
40 Leavenworth Electric R R .....................
49
40 Leavenworth ¿ Lansing R y ...................
Detroit Fort Wayne < Belie Isle Ry *.*.*.*” " 35 wN Galveston City R R ..........
&
49
40
Detroit Lake Shore < Mt. Clemens Ry....... 35 Gardner Elec. Street R y ...
fc
Lebanon < Annville Street Ry.................... 49
&
Detroit & Pontiac Ry..............................• 35
•
Geary Street Park < Ocean RR !.*!.* !.'!!!! ! ! ! ! 82 Lehigh Traction (Hazleton, P a.)............. !! 43
fe
25 Leominster < Clinton St. R y ....................... 49
Detrait Plymouth & Northville R y ....... ! " 35 General Electric Railway (Chicago, ill.)
fe
&
Detroit Ry—See Detroit Electric R y ___ ! " 35 Geneva < Waterloo Ry.—See Geneva Water< Pavonia Ferry Ry—
fe
loo Seneca Falls < Cayuga Lake Traction. 40 Lexington Avenue Street R y...................... 58
fe
Detroit Sub. Ry—See Detroit Citizens’ St.Ry. 35
See Metropolitan
Detroit Ypsilanti & Ann Arbor R y ............ 35 Geneva Waterloo S. F. & Cayuga L. Trac.
40 Lewiston < Auburn RR.—See Lew. Bruns.
fc
fe
Dighton Somerset < Swansea St. Ry...
fe
’ * 37 Georgetown < Tenallytown R y.................. 89
< Bath 8t. R y ..............................
fe
49
D. D. E. B ’dway & Bat.—See Third Ave. Sys*. 61 Germant’n Pass. Ry—See People’s Trac. Svs! 68 Lewiston Brunswick ¿ Bath St. R y ........’. 49
Dubuque Light «fe Traction...... .
37 Gettysburg Elec. Ry.—See May, 1898, Supp
Lewiston < Youngstown Frontier R R ....... 62
&
Dubuque Street R y................
37 Glens Falls Sandy Hill < Ft. Edward St. RR. 41 Lima R y ..................................................... 49
fe
fc
Duluth Street R y ................" ! . ! ! ! ! ! ! ! ! ! ! ! ! 37 Glen Oak < Prospect Heights Ry. (Peoria,
fe
* .!!.*.! 49
111.).......
..................... . ........
’ 67 Lima-Ho neoye Light < R R ___
Dundee Place Car Line' (Omaha, N e b .)...... 65
(Neb.) Street Ry.—See Lincoln
Dunkirk < Fredonia R R ..........
fe
40 Glenwood < Polytechnic College St. Rv’ " * 40 Lincoln Trac................................................ 49
fe
Neb.),
Globe Street R y .................................. **’ 3q
Duquesne Inclined Plane (Pittsburg,P a ) " 73
(Neb.) Traction.....................!!!!!! 49
Gloucester Essex «fe B everly .......
*
41 Lincoln R y ....................................
Duquesne Traction—See Consol. Traction
Lindell
79
System.................................................... 72 Gloucester Street R y ......................*.!.!!! 41 Little Rock Traction < Electric.. . . . . ! . ! ! ! " 50
fc
Grand Avenue—See Metropolitan Street"*" 46 Lock City Electric RR.—See B uf < Lock&
ast Cleveland—See Cleveland Electric.. 30 Grand River Ry—SeeDetroit Citizens’ St. Rv 3 5
port Street Ry. (Lockport, N .Y )................ 50
Grand
fe
17
astEndSt. Ry.—See Memphis St. Ry___ 52 Grant St. < Newtown.—See Bkln. Rap.Tran ' ai Lock Haven Traction ............................... 50
Street Electric Ry.......
East H. Pass.—See Harrisburg Traction.... 42 Great Falls Street R y ...
Lombard < South Street Passenger Ry—See
&
................... 4^
Frankford < Southwark Pass. R y ............. 68
fc
e
I
f
K
D
L
E
P age.
Page.
(L. I. City & Newtown—See N. Y. & Queens
Co. Ry..................................................... 50
■Long Island Electric B y ............................ 19
Long Island Trac.—See Brooklyn Rap. Tr.. 16
Lorain & Cleveland R R ............................. 32
L orain Street R y ...................................... 50
Los Angeles Con.Elec.Ry.—See Los Ang.Ry. 50
Los Angeles R y......................................... 50
Los Angeles Pacifie Ry.—See Los Angeles
Pacific R R ............................................. - 51
Los Angeles & Pasadena Elec. Ry.............. 51
Los Angeles T ractio n ...............- .............. 51
Louisville City Ry—See Louisville R y ....... 51
Louisville R y............................................ 51
Lo ve Elec. Trao. (Chic.)—See Gen. Elec. Ry. 25
Lowell Lawrence & Haverhill Street R y ... 48
Low ell & Suburban Street R y.... . .............. 51
Lynchburg Electric Co.—See Lynchburg
Electric Ry. & Light................
51
Lynchburg Electric Ry. & Light............... 51
Lynchburg & RiVermont Street R y........... 51
Lynn Belt—See Lynn & Boston................. 15
Lynn & Boston RR.—See N. Shore Tr. Sys. 15
P ag e .
67.
National Railway, St. Louis, M o................ 79 Peekskill Traction.................................
Naumkeag St. Ry—See Lynn & Boston RR. 15 Pennsylvania Motor—See Easton Transit.. 38
Negaunee & Ishpeming St. Ry. & Electric.. 56 Pennsylvania Traction (Lancaster, P a.)....' 48
New Albany Ry............... ................. ........ 56 Penn St. Pass. Ry—See Citizens’ Trac........ 72
New Albany St. Ry—See New Albany Ry .. 56 Penobscot Central Ry. (Bangor, Me.)........ 13
Newark & Bloomfield R y........................... 46 People’s Cable Ry.—See Brooklyn Av. (K.C.) 47
Newark (O) Consolidated Electric Ry........ 61 People’s Electric. Ry. (Sandusky, O.)........ 81
People’s Elec.—See Springfield Consol..... 85
Newark (O.) & Granville Electric Street Ry.
—See Newark Consol. Electric St. Ry---- 61 People’s Pass. Ry—See People’s Trac. Sys.. 68
Newark & Irvington Ry—See Newark Pass. 46 People’s Railway (St. Louis, Mo.)................ 80
Newark Passenger Ry.—See Cons. Trac. Sys. 46 People’s Railroad—See Syracuse Street RR. 86
Newark Plank Road—See Cons. Trac. Sys.. 46 People’s Street Ry. (Dayton, O.)............... 33
People’s Street Ry—See Scranton R y ......... 83
Newark & South Orange Ry.—See North
Jersey Traction Co.................................. 46 People’s Traction, N. Y .............................. 61
N ew Brunswick City R y ............................. 56 People’s Traction, Philadelphia, P a ........... 69
Newburg Electric Ry.................................. 61 Peoria & Pekin T rac tio n ..... ....................... 67
Perry Street Pass. Ry—See Federal Street
Newburg & Orange Lake RR.—See New
& Pleas. Valley Passenger Railway........ 72
burg Electric Ry.................................... 61
Philadelphia & Bristol Passenger Ry....... . 70
Newburyport & Amesbury R R .................. 61
New Castle Traction.................................. 56 Philadelphia City Pass. Ry—See Philadel
phia Traction System.............................. 69
New England Street R y ............................. 57
New Haven & Centreville Street R y.......... 57 Phila. & Darby Ry—See Phila. Trac. Sys---- 69
Philadelphia & Gray's Ferry Passenger Ry
New Haven Street Ry.—See Fair Haven &
—See Philadelphia Traction System....... 69
Westville R R ......................................... 57
W faco n Consolidated Street R R ............. 51 New Jersey Electric Ry. (Paterson, N. J.)... 67 Philadelphia Lancaster & Harrisburg—See
Pennsylvania Traction............................ 48
ITMacon Electric Light & Ry..................... 51 New Jersey Traction—See Con. Trac. Sys... 46
“
Macon & Ind. Spring Elec. St. Ry. (Ga.)—
New London Street R y......i ....................... 57 Philadelphia Traction............................... 69
Philadelphia & West Chester Traction....... 70
See Macon Electric Light & Ry............... 51 New Orleans & Carrollton R R .................... 58
Madison City Ry.—See Madison Elect. Ry. 52 New Orl. City & Lake RR.—See N. O. Trac.. 57 Piedmont & Mountain View Railway—See
Oakland Transit Co................................. 65
Madison Electric R y.................................. 52 New Orleans Traction (Limited)................. 57
Piedmont Traction.................................... 67
Madison Street Cable R y........................ .. 83 Newport & Dayton Street Ry—See Cincin
Pikesville R. & E. G.—See Balt. & N. Elec.. 11
Mahoning Valley Elec. Ry.(Youngstown,0.) 91 [ nati Newport & Covington R y................. 33
Main Street & Agricultural Park RR.—See
Newport Street Ry........................ ^........... 62 Pittsb. Allegheny & Manchester Trac.—See
United Traction System......................... 72
Las Angeles R y....................................... 50 Newport & Fall River Street R y ................ 62
Pittsb. & Birm. Pass. Ry.—See P. & B. Trao. 73
Malden & Melrose St. RR.—Boston El. Sys. 15 Newport News Hampton &01d Point Ry.—
Pittsburg & Birmingham Traction............. 73
Manchester Street R y ................................ 52
See Newp. News & Old Pt. Ry. & Electric. 62
&
Manhattan Elevated Ry.—See I nvestors ’
N ewport News & O id Point Ry. & Electric.. 62 Pittsburg < Castle Shannon Railroad......... 73
Su p pl e m e n t .
Newton & Boston Street Ry....................... 62 Pittsburg Crafton & Mansfield Street Ry—
See West End Traction............................ ¿3
Manistee Filer City & East Lake R y....... . 52 Newton Street R y...................................... 62
Manufacturers’ Street Ry. (New H aven)... 57 Newtonville & Watertown Street Ry.......... 62 Pittsburg (Kan.) Frontenac & Sub. Eleo---- <0
Marion City Ry. ( Indiana) ..................... 52 Newtown < Delaware River Traction....... 87 Pittsburg Incline Plane—See Pittsburg &
fe
Birmingham Traction System................. <3
Marion Street Railway (Marion, O .).......... 52 Newtown Ry.—See N. Y & Queens Co. Ry. 50
Pittsb. N eville Isd. & Coraopolis Pass. Ry.—
Market St. Cable Co.—See Market St. R y.... 82 New Williamsburg & Fiatbush RR.— See
See West End Traction........................
3
Market Street R y ....................................... 82
Brooklyn Rapid Transit......................... 17
Pittsburg Oakland & East Liberty PassenMarshalltown (Iowa) Light Power & R y ... 52 N. Y. Elmsford & White Plains.—See Tarryger Railway—See Pittsburg Traction...... 3
Marlborough Street R y.............................. 52
town W. P. & Mamar. R y ....................— 61
&
M aryland Traction...................
13 New York &Harlem RR.-SeeMet.St:By.Sys. 60 Pittsb. & Ormsby—See P. < B. Trac.......... 73
Mateo 8t. RR.—See Los Angeles R y .......... 50 New York < North Shore Ry. (L. I. City)... 50 Pittsburg Traction—See Consol. Trac. Sys. 73
fe
Pittsburg Union Passenger Ry—See Pittsb.
McGavoek & Mt. Vernon Horse R R —See
New York & Philadelphia Traction.............. 87
A. & M! Tr.—United Trac. System . ---- 72
Nashville Street R y ...........
55 New York & Queens County Ry., L. L City. 50
McKeesp’t Duquesne & Wilm’g Ry. (Pittsb.) 73 New York & Staten Island Electric Co...... 85 Pittsburg & West End Passenger R a ilw a y See West End Traction........................... 73
N. Y.Weste. & Conn. Traction.—See People’s
Memphis & Raleigh Springs RR.—See Mem
phis St. Ry......'....................................... 52
Traction Co.............................................. 61 Pittsburg Weir City & Columbus (Kansas)
—See Pittsburg Frontenac & Suburban.. 70
Memphis Street R y..................
52 Niagara Falls & Lewiston R R .................... 62
Menasha & Neenah Street R y...............
56 Niagara Falls & Suspension Bridge Ry....... 62 Pittsfield (Mass.) Electric Ry..................... 73
Niagara Falls Whirlpool & Northern Ry... 63 Pittston Street Car—See Wilkesbarre & W y
Menominee Electric Light Ry. & Pow er.... 53
oming Valley Traction System................ 91
Meriden Electric R R ..........................
53 Ninth Avenue RR.—See Metro. St. Ry. Sys.. 60
Meriden Horse RR.—See Meriden E lec... . 53 Norfolk (Va.) City RR—See Norfolk St. RR. 63 Plainfield St. R a ilw a y ............................... 74
Merrimack Val. St. Ry—See Lowell Law
Norfolk (Va.) & Ocean View R R ................ 63 Piattsburg Traction Co.............................. 74
fc
rence & Haverhill St. Ry......................... 48 Norfolk (Va.) Street R R .......................
63 Plymouth Bridge Co.—See Wilkesbarre <
Wyoming Valley Traction....................... 91
Metropolitan Elec. See Springfield Tr. (Mo.) 85 Norfolk Suburban RR. (Hyde Park. Mass.). 15
Plymouth & Kingston Railroad................. 74
Met. Crosstown RR—See Met. St. Ry........ 58 Norristown Pass. Ry—See Schuylkill Val
Metropolitan Ry., Louisville, K y .............. 50
ley Traction System................................. 63 Plymouth St. Ry.—See Wilkesb. & W. v . Tr. 91
Metropolitan Railway, San Francisco, Cal.
Northampton Street R y .............................. 63 Point Defiance Park Ry.—See City Park Ry. 86
See Market Street Railway..................... 82 North Chicago City Ry—See N. Chic. St. RR. 27 Portland & Cape Elizabeth R y .................. 74
Metropolitan Ry.—See Portland (Oreg.) Ry. 74 North Chicago Electric Ry......................... 27 Portland (Conn.) St.—See Middletown &
Portland St............................................. 53
Metropolitan RR —(Washington, D. C.)...... 89 North Chicago Street RR............................ 27
Metropolitan RR—See West End St. Ry. ,Bos. 14 North Dallas Circuit R y.............................. 33 Portland (Me.) Railroad............................. 74
Metropolitan St.RR—See Denver Con.Tram. 34 Nor.&E.Greenb’sh Horse R R —See A lb’y Ry. 7 Portland (Oregon) Ry................................ 74
Metropolitan St. Ry.—Kansas City, (Mo.)... 47 North & East River RR.—See Fulton St. RR. 60 Portland (Ore.) Traction........................... 75
Metropolitan St. Ry. (N. Y .)....................... 58 Northeast Electric R y................................ 47 Portland 6rVancouver Ry—See Portland Ry. 74
Portland & Yarmouth Electric R y ............. 74
Metropolian Traction of Chicago.............. 25 North End St. Ry. (New York N. Y .)—See
Port Norfolk Electric Railway................... 63
Metropolitan Tract’n—See Met. St. Ry.,N.Y. 58
S cjfp. for August, 1898.
Metropolitan West Side Elevated R R ......... 25 North End Street Ry (Worcester, Mass.)... 91 Portsmouth (Va.) Street R y....................... 75
-See Schulykill
Miami Valley Ry. (Piqua, Ohio)................. 70 Northern Electric Ry. (Chicago)................ 27 Pottsville & Reading Ry—
Electric System...................................... 75
Michigan Traction of Kalamazoo and Bat
North Hudson County Ry. (Hoboben, N. J.) 43
Poughkeepsie City & Wapp’s Falls Elec. Ry 75
tle Creek...............................: ................ 47 North Jersey St. Ry. (Jersey City, N. J .)... 46
Powell Street Ry—See Market Street R y---- 82
Middlesex RR—See West End St. Ry., Bost.. 14 North Park Street Ry. (Grand Rapids, Mich.)
Presidio & Ferries R R ................................ 82
Middletown & Bloomingsburg Tratet.—See
—See Feb., 1898, S ü p p .
Middletown-Goshen Traction................. 53 Northern Railway & Improvement............. 39 Providence Cable Tramway—See United
Traction & Electric................................ 75
Middletown—Goshen Traction................... 53 North Shore Traction (Boston).................. 15
Middletown H. & S.—See Harrisb. Traction. 42 North Side Electric Ry.—See No. Ch St. Sys. 27 Providence & Taunton Street R y .............. 86
Middletown (Conn.) & Portland Street Ry.. 53 North Side Pass. Rv.—See Citizens’ Tract.. 72 Pueolo Electric St. R y ............................... 75
Milford Holliston & Framingham St. R y ... 53 Nor. Side Trac.—See Unit. Trac. (Pittsburg i 70 ¿TKueen City Ry.—see Dallas Consol’d
Miiford & Hopedale St. R y ........................ 53 Northwestern Elevated (Chicago).............. 27 w # Electric St. Ry
33
Millcreek Valley R R .............................
30 Norwalk Street Ry...................................... 63 Quincy & Boston Street .............................. 76
R y ........ ...............
Mill vale Etna& Sharpsburg Street Ry.—See
Norwalk Tramway...................................... 63
Allegheny Traction................................. 72 Norwich Street Ry....................................... 65 Quincy (111.) Horse Ry. & Carrying........... 76
Millville Traction...................................... 53
w >ap id Railroad..................... ................ 37
akland Consolidated Street Ry.— See
Milwaukee City—See Milw. Eleo. Ry. & L .. 53
Oakland Transit Co............................. 65 Kliapld Railway....................................... 37
Milwaukee Electric Ry. & Light................ 53 Oakland R R ............................................... 65 Rapid Transit Line, Knoxville, Tenn.—See
Milwaukee Light Heat & Traction—See Mil.
Feb.. 1898. Su p p .
Oakland (Cal.), Syndicate— See Oakland
Elec. Ry. & L ........j ........................ ........ 53
Rapid Transit St. Ry—See Cons. Trac. Sys... 46
Transit Co................................
65
Milwaukee Racine & Kenosha Electric Ry.. 54 Oakland, San Leandro & Haywards Electric
Reading City Pass.Ry—See Reading Trao... 76
Milwaukee Street Ry.—See Mil. El. Ry & L. 53
Ry. Consolidated..................................... 65 Reading & Temple Elec.Ry.—See Reàd.Trao. 76
Milwaukee & Wauwatosa Motor Ry.—See
Oakwood Street R y ..................................... 34 Reading Traction—See United Traction Sys. 76
Mil. Elec. Ry. & Light....................
53 Observatory Hill Pass. Ry.—See Federal St
Reading & Womelsdorf Electric—United
Minneapolis St. Ry—See Twin City Rap. Tr. 54
Traction System...................................... 76
& Pleasant Valley Pass. R y...................... 72
Minnesota Point Street R y......................... 37 Ogden Street Ry—see West Chicago System 28 Richmond Ry. & Electric........................... 76
Mississippi Valley Ry. (East St. Louis RR.) 38 Ogdensburg Street R y ................................ 65 Richmond Traction................................... 76
79 Olean Street R y.....................................
Missouri R R ................
Ridge Ave. Pass. Ry—See Phila. Trac. Sys. . 69
65
Missouri Electric Ry. (Kansas City,Mo.)... 47 Omaha & Council Bluffs Ry. & Bridge....... 65 Riverside & Suburban—See Wichita Elec.
Mobile Light & R R ..................................... 54 Omaha Street Railway..............................
91
65 Ry. & Light....................
Mobile Street R R .............. : . . . ............. .
54 Omnibus Cable Ry—See Market St. R y...... 82 Roanoke Street R y ..................................... 76
Mobile & Spring H ill RR.—See Mo. Lt. & R R . 54 Orange Mountain Traction......................... 65 Rochester City & Brighton—See Roch. Ry.. 78
Moline Central Street Ry................... ....... 55
Orange & Newark—See Newark Passenger. 46 Rochester C. & Manitou R R ....... ................ 78
Monongahela Bridge—See Pitts. &Bir.Trae. 73 Orange
Passaic Valley Ry .................... 66 Rochester & Irondequoit R R ..................... 45
Monangahela Street Railway.................... 73 Orleans R R ..............................................
Rochester Ry............................................. 78
58
Montgomery County Pass. Ry—See Schuyl
Orleans & Jefferson R y ............................... 58 Hochester & Sodus Bay Ry........................ 78
kill Valley Trac. Sys................................ 63 Ossining Electric R y.........................
Rockford City Ry—See Rockford Ry. Light
84
Montgomery Street Ry..........................
55 Oswego St. Ry—See Lake Ont. < Riverside. 66
& Power................................................. 78
fe
Montgomery Suburban Street R y.............. 55 Ottawa Street Railway (Illinois)................. 66 Rockford Ry. Light & Power
78
Motor Line Improvement........................... 37 Ottumwa Electric R y.........................
Rockford Traction -See Rockford Ry.Light
66
Mound City R R—See Union Depot R R ....... 81 Owensboro City R R .................................... 66
& Power..................
78
Moundsville Benwood & Wheeling R y ...... 90 Oxford Lake Line (Anniston, A la J ...........
9 Rockland & Abington Street R y ................ 16
Mt. Adams & Eden Pk. Incl. ( See Cincin- ? qn
Rockland Thomaston & Camden Street Ry. 78
aducah Ry. & Light........................
66
Mt. Auburn Cable Railway.. <nati St. Ry. 5
Rome City Street Ry.................................. 78
aducah Street Railway—8ee Paducah
Mt. Oliver Incline Plane R y —See P. & B.
Ross St.—See P. & B. Trac....................
73
Ry. ¿ L ig h t...................................
66
Traction system..................................
73
Roxborough Chestnut H ill & Norrist’n R y . 7O
Muscatine Electric R y.....................
..... 55 Park City Railway.—See Bowling Green Ry. 15 Rutland Street R y ..................................... 78
Multnomah St. Railwav—See Portland Ry.. 74 Park & Cliff House—See Market Street Ry. 82 ^ a c o Biver Electric R R ........................... 78
Mystic Valley St. Ry. (W akef eld, Mass..)... 88 Park & Ocean RR.—See Market Street R y .. 82 Sacramento Electric, Gas & Railway...... 78
Pasadena & Pacific Ry.—See Los Angeles
anticoke St. Ry.—See Wilk. & W. V. Tr. 91
Pacific RR.............. -............................... 51 Saginaw Consol—See Union St. Ry. Sys___ 79
79
ashua Street Railway........................... 55 Passaic & Newark Electric Traction........... 67 Saginaw Street RR., City o f....................
Nashville & Edgefield RR—See Nash. St.Ry. 55 Pass. * Belt Ry—See Belt Line Elec Sys.... 49 Saginaw Suburban Ry .............................. 79
St. Charles St. R R .......................•
.............. 58
N ashville Street R y ........................... ...... 55 Paterson Central Electric Railway............. 67
Nashville & Suburban Ry........................... 55 Paterson City Railway—See Paterson Ry.. 67 St. Clair Incline Plane............................... 73
Nashville Tract’n—SeeNashv.Js Suburb.Ry. 55 Paterson Railway....................................... 67 St.Joseph &Benton Har.Elec.Ry.&L. ( Mich. ) 79
Nassau Electric R R ......................
21 Pawcatuck Valley Street R y ....................... 9« St. Joseph Ry. Light, Heat & Power (Mo.).. 79
Natick & Cochituate Street R y................... 55 Pawtucket St. Ry—See United Trac. <s Elec. 75 St. Jo. Trac. & Light—See St. Jo. L. H. & P. 79
O
P
N
St. Louis & BellevilleEleo. Ry. . . . . . . . . . . . . . . 8Ö
St. Louis BelleviÜe & Suburban R v ..!!!!!!! 80
St. Louis Cable & Western Ry—See' St. Louis
& Suburban R y ............
.
80
St. Louis County Street Railway!!.'.''.'” ! " ] 80
St. Louis & E. St. Louis Elee. Ry...
80
St. Louis & Kirkwood R R ......
...... 80
St. Louis & Meramec River R R . . . ! ! ! ! ! ] ] ! ] ] ! 80
St. Louis RR—See National Ry. System___ 80
St. Louis & Suburban R y ........................... 80
St. Paul City Ry—See Twin City Rap. Trän! 54
St. Paul & Suburban R y......................... >
Paul & White Bear Railroad.............. t
Salt Lake City R R ................................... . . 81
Salt Lake & Mercur R R .......... ü ! ! ! ! ! ! ! ! ! ! ! ] 81
Salt Lake Rapid Transit___ ! ! ! ! ! ................ 81
San Antonio Edison Co......................... ] ] ] 81
San Antonio Rapid Transit— See Alamo
Heights R R ....... ..................................... 81
San Antonio Street R y................. !!!! ! ! !! ! ! 81
San Diego Elee. R y ................................ . 81
San Frau cisco & San Mateo Electric R y .... 28
San Gabriel Trac. Co. (Los Angeles, Cal.)... 51
San Pedro Street RR.—See Los Angeles Ry. 50
Sandusky & Interurban Ry....... ............... 81
Sandusky Milan & Norwalk Eleo. Ry........ 81
Sandusky Street Ry..............
81
Saratoga Traction......................... .. .... 82
Savannah Traction—See Sav. Thunderbolt
& Isle of Hope.... ........................... ...... 82
Savannah Thunderbolt & Isle of Hope Ry. 82
82
Schenectady R y ..............
Schuylkill Electric Ry. (Pottsville, P a .).... 75
Schuylkill Traction (Girardville, Pa.)........ 41
Schuylkill Valley Traction (Norristown,Pa.) 63
Scranton & Carbondale Traction—See Scran
ton Railway System...... ........................ 83
Scranton Pass. R ’y—See Scranton R y ......... 83
Scranton & Pits’n Trac.—See Scran. Ry. Sys. 83
Scranton Suburban—See Scranton Ry....... 83
Scranton Ry., formerly Scranton Traction. 83
Sea Beach Ry.—See Brooklyn R. T ............. 16
Seashore Electric Ry, Asbury P ark ........... 9
Seaside & Brooklyn Bridge Elevated RR.
—See Brooklyn Union Elevated R R ......... 17
Seattle City R y..........................
83
Seattle & Rainier Beach Ry............... / .]!.. 83
Seattle Traction (formerly Seattle Consol.
St. R y.)....................
83
Sea View RR.—See Brooklyn R. T ............. 16
Second Ave.Pass. Ry—See United Traction. 70
Second Ave. RR.—See Met. St. Ry. Sys. (N. Y.) 60
Second Ave. Trac.—See United Trac. Pitts. 70
Second & Third St. Pass. Ry.—See Elec. Tr.
System....................
69
Sedalia & Brown Sps.—See El. Ry. L. & P . .. 84
Sedalia Electric & Railway....................... 84
Seventeenth & Nineteenth Street Passenger
Ry—See Philadelphia Traction System - .. 69
Shamokin & Mt. Carmel Eleo..........
84
Sheboygan Light, Power & R y .................. 84
Shenandoah Elec. St. R y ........................... 84
Signal Mt. Ry. (Chattanooga Tenn.).......... 24
Sioux City Cable Ry.—See Central Trac.... 84
Sioux City & Leeds Electrio R y................. 84
Sioux City Rapid Transit—See Rapid Tran. 84
Sioux City Traction.........................
84
Sioux City Transit........ .............
84
Sixth Ave. RR—See Metro. St. Ry. Sys....... 60
Somerville Horse RR—See Boston El. Sys.. 14
So nth Boston RR—See West End St. R y
14
South Brook. Cent. RR.—See Atlan. Ave.R R 21
South Chicago City R y.........................
27
South Covington & Cin. St. Rv—See Cinci'n
nati Newport & Covington Ry....... ........ 31
Southern Boulevard RR.—See Union R y ... 61
Southern Electrio Ry.......... .................... 80
South Ferry Ry—See Metropolitan Street
Ry., and also Broadw’y &7th Ave. R R
58
South Jersey Tr.—see Bridgeton & M. Tr... 16
South Middlesex Street Ry........................ 56
So. Nashville St.,RR—See Nashville St. Ry. 55
South Orange & Maplewood St. R y........... 66
South Orange & Maplewood T raction...... 66
South Side RR—See Cleveland Elec. R y .... 30
South Side St. Ry—See Metropolitan St. Ry 47
South Side El. RR., Chicago....................... 27
Southwest Chicago R.T.—See Chio. CityRy. 24
Southwestern Eleo. Ry.—See Nat. Ry. Sys.. 80
Southwestern Traction Co. (Phila,, P a.)___ 70
South West Missouri Electric R y................ 90
Spokane Cable Ry—See Spokane Street Ry. 85
Spokane Eleo. Ry —See Spokane Street Ry. 85
Spokane & Montrose Motor R R .................. 85
Spokane Street Ry.. etc.—See Washington
Water Power System..............
85
Springfield City Ry—See Springfield Consol
idated R y ................................................ 85
Springfield (111.) Consolidated R y............... 85
Springfield (Ohio) R y ...... ................
86
Springfield (Mass.) Street R y..................... 85
Springfield El. Ry. (V t.)........................... 85
Springfield (Mo.) Traction.......................... 85
Stamford Street R R .................................. 85
Staten Island Elec. R R .......................... !] 85
Tnion Consol. Elevated RR., Chicago
>nion Depot RR. (St. Louis, M o.)...........
Union Electrio Ry.—See Saratoga Traction
Union Elevated RR—See Brooklyn Un. Elev.
Union Elevated RR., Chicago....................
Union Loop—See Union Elevated RR........
Union Pass. Ry.—See Phila. Trac. System.
Union Ry. of New York.............................
Union Ry—See Chester Traction................
Union RR—See United Traction & Electrio.
Union Transit (Chicago, 111.).....................
Un. Eleo., formerly Un. St. (Dover, N. H.)..
Union Street Ry. (New Bedford, M ass.)....
Union Street Ry. (Saginaw, Mich.)...........
Union Traction (Anderson, Ind.)..............
Union Traction (Jersey City, N. J .)...........
Union Traction (Philadelphia, P a.)...........
Union Trunk Line.........................
United RR. (Brooklyn. N. Y . ) ............... .
United Trac. & Elec. (Providence, R. I.)___
United Traction (Pittsburg).......................
United Traction (Reading, P a.).... ............
Urbana & Champaign Ry. Gas & E. Co......
Utica Belt Line Street R R .........................
Utica & Mohawk R R ..................................
Utica Suburban—See Utica Belt Line........
28
81
82
17
28
28
69
61
24
75
28
37
56
79
8
46
67
84
21
75
70
76
23
88
88
88
__
Pagb.
W all & Cortlandt St. Ferries Ry. (N. Y .)... 61
Warren Brookf. & Spencer (Spencer)......... 84
Washington Alexandria & Mt. Vernon Elec. 7
Washington Arlington & Falls Church Ry. 89'
Washington*Georgetown.—SeeCapitalTr. 89*
Washington & Glen Echo R R ...... ............. 89
Washington & Great Falls Elec. R y ........... 89
............. 90*
Washington & University RR
Wash. Westminster & Gettysburg R R ....... 13
Washington Water Power, Spokane........... 85
90Waterbury Traction....................
Watertown & Brownville Street Ry—See
Black River Traction............................ 90Waterv. El. L. N. & P.—See Waterv. & F.
Ry. & L ................
90'
Waterville & Fairfield Ry. & Light............. 90
Watervliet Turnpike & RR.—
See Albany Ry. 7
Waverly Sayre & Athens Traction Co....... 90
Waverly & Woodstock Electrio Ry—See City
& Suburban Ry....................................... 74
Wayne & Fifth Sts.—See People’s St. R y ... 33
Wellesley & Boston St. Ry......................... 62
Westchester Electric—See Union Ry. N. Y . . 61
West Chicago Street R R ................... ..... ... 28
West Chicago Street RR. Tunnel—See West
Chicago Street R R .............
28
West End Passenger Ry—See Frankford &
Southwalk Passenger R y ...............
68
West End & Riverside Electric—See Mont
gomery Suburban Street........................ 55.
81
West End Street Car.......................
West End Street Ry.—Boston..................... 14
West End Street Ry.—See Denver City RR. 34
WestEndStreet Ry. (Knoxville,Tenn.)—See
Knoxville Traction Co.......................
48
West End St. Ry.—See Penn. Traction....... 48
West End Street Ry.—See Rockford Tract. 77
West End Traotion, Pittsburg, P a ............. 73
West Jersey Traction (Camden, N. J .)........ 22'
West Philadelphia Passenger Ry—See Phil
adelphia Traotion System........................ 691
Western Eleo. Light & Power—See Toledo
Traotion......................
8T
West Pittston & Wyo. St. Car—See Wilkesb.
& W .V . Trac................
91
W est Roxbury & Roslindale St. Ry. (Roston) 15West Seattle Cable..................................... 84
West Shore Ry........................................... 5T
West Side Circle R y ................. ................ 87
West Side Rapid Transit............................ 81
West Side RR. (Elmira, N. Y .).................... 38
West Side Street Ry—See Milwaukee Eleo.
R y & Ligh t.................
: .................... 58
West & South Towns Street Ry—See Chicago
General R y............................................. 25
West Street & North End Eleo. Ry........... 84
Wheeling (W. Va.) & Elm Grove r R .......... 90
Wheeling (West Va.) R y............................ 90
White Line St. Ry.—See People’s St. Ry.
(Dayton)............
33;
Whitman Street Ry—See Brockton Street Ry. 16Whitney Ave.—See New Haven St............. 57
Wichita Ry. Light & Power........................ 91
Wilkesb. & East Side / q-„ WillröBl_ 1
do & Kingston J
w !r (
do & Suburban ]
J al* f ........ 9 1
do
& West Side i. Traction* j
Wilkesbarre * Wyoming Valley Traction... 91
Williamsport Passenger Ry....................... 9 1
Willamette Bridge Railway—See City &
Suburban Railway. . . . 5........................... 74
Wilmington (Del.) City Ry......................... 9 1
Wilmington & Chester Traction Co........... 91
Wilmington & New Castle Eleo. Ry. (Del.). 91
Wilmington (N. C.) Street R y..................... 91
Winchester Avenue R R .............................. 5 7
Winnisimmet RR—See Lynn & Boston Sys. 15
Winooski & Burlington (Vt.) Street Ry —
See Burlington Traction......................... 22
Winston-Salem Railway & Electric............. 91
Wissahickon Eleo.—See Roxbury, Chestnut
H ill & Norristown.................................. 70
Woodland Park Electric Ry................
84
Woonsocket Street Ry................................ 92
Worcester Consolidated Street—See Wor
cester Traction System........................... 92
Worcester Leicester & Spencer St. Ry.—See
Worcester & Suburban............................ 92
Worcester & Marlborough Street Ry.......... 92
Worcester & Millbury St. Ry.—See Worce
ster & Suburban....................................
92
Worcester & Suburban Street Ry............... 92
Worcester Traotion...........................
92
Wyatt Park Ry.—See St. Joseph Trao. Ry.'ÿîi
Light Heat & Pow er............................. 79
Wyandotte & Detroit River Ry...................¿37
allamont Traction..................
alley Pass. Ry.—See Scranton Ry..........
Valley St. Ry. (Sharon, P a.)...................
Van Brunt 8treet & Erie Basin RR ...........
91
83
84
21
onkers R R ........................................... 92
ork Street Ry....................................... 92
Youngstown Street Ry.—See Mahoning "
Valley Electric........................................ 9 2
akefield & Stoneham Street R y .......... 88
aid en & Orange Lake RR.—See Newburg Electric R y .............................. 61
rw anesville Ry. & Electric............
92
J a n e s v ille Street RR.—See Zanesville Ry.
* Electric......................
92
Staten Island Midland R R .......................
86
Steinway Ry.—See N. Y. & Queens Co. Ry! ] 50
Stockton Electric R R ................................ 86
StreatorRy........... ..............................! . ]] 86
Street Ry. Co. of G’d Rap—See Cons’d St. Ry! 41
Suburb. City Ry.& Imp.—See Norfolk St.RR. 63
Suburban Railroad (Chicago).................... 28
Suburban Traction (see Orange & Passaic
Valiev Ry.), Orange, N. J ........................ 66
Suburban Rapid Transit, Pittsburg, Pa.
73
Summit St. Ry.—See Met. St. Ry., Kansas
City, Mo................................................. 4 7
Sunbury & Northumberl’d Elec. R y ... . ] ] ] ] 86
Superior Rapid Transit R y.. .................. ] ] 90
Sutro R R ............................................. " " 82
Sutter Street Ry............................. ] ] ] ]
82
Syracuse Consol. St. Ry.—See Syracuse R.T. 86
Syracuse Rapid Transit R y........... : ........
86
Syracuse Street RR.—See Syracuse R. T. ! ! ! 86
acoma Ry. & Motor............................... 86
acoma Traction.................................... 86
Tamaqua & Pottsville Electrio RR.—See
Schuylkill Elec. Sys............
75
Tarentum Traction..................................... 86
Tarrytown White Plains & Mamaroneok Ry. 61
Taunton & Brockton Street Ry.............
86
Taunton Street Ry................................‘ ‘ * 86
Taylor Avenue R R —See Lindell Ry. Svs.
79
Temple Street Cable Ry............................* 5 1
Terre Haute Electrio R y .................
...... 86
Terre Haute St. Ry—See T. Haute ElecÏRv. 86
Third Avenue R r . (N. Y .)....... ............
60
Thirteenth & Fifteenth Sts. Pass. Ry—See
Philadelphia Traction System................ 69
Thirty-fourth Avenue Ry., Denver, Col.
35
Thirty-fourth St. RR.
1 See 34th ) ™
Thirty-fourth St. Fer. & 11th Av. 5 St.Cr’t’n i 60
Thirty-fourth St. Crosstown Ry.—See Met
ropolitan St. Ry. System......................... 60
Toledo Bowling Green & Fremont Ry..
87
Toledo Consolidated St. Ry.—See Toledo
Traction................
87
Toledo Electrio Street R y............... '....!!!! 87
Toledo Electric Ry.—See Toledo Traction!! 87
Toledo Maumee & Perrysburg Elec. RR ... 87
Toledo & Maumee Valley R y ..................... 87
Toledo & Monroe Ry............................ ] ] ] ] 87
Toledo Traction..... .............................. ] . ] ] 87
Topeka Ky...... ...................................!!!!!] 87
Toronto (Canada) Ry.............................. I! 87
Torrington & Winchester Street Ry___ .. . " 87
Transverse Pass. Ry.—See Citizens’ Trac.. 72
Trenton Passenger Ry.See Traction St. Rv. 87
Trenton (N. J.) street R y........................... 87
Trenton Traction....................................... 88
Tri-City Railway........... ................. ! ! ! ’ "
33
Troy CityRy............................................]] 88
Troy Hill Pass.Ry—See Fed.St.&P. Val.P.Ry. 72
Troy & Lansingburg RR—See Troy City Ry. 88
Tuscaloosa Belt R y ................................... 88
Twenty-eighth & Twenty-ninth Sts. Crosstown RR.—see Met. St. Ry. System......... 60
Twenty-second & Allegheny—Phila. Trac.. 69
Twenty-third Av.Elec.Ry—See Oakland San
Leandro & Haywards Electrio Ry. Cons’d 65
Twenty-third St. Ry.—See Met. St. Ry. Sys.. 60
Twin City General Electrio.................
45
Twin City Ry—See Twin City General Elect. 45
Twin City Rapid Transit......... ................. 54
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