View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

OF TliE

COMMERCIAL

FINANCIAL CIIKOMCIJ-:.
PUBLISHED ON THE LAST SATURDAY O F E A C H MONTH
A.M>

Fin-nishcil Gratis to nil Niilmcrihers of the Cliwnicle.
[Entered ecordlng to act of Congress, In Iho year

NKW

1S">,

bv 'WM.

I).

DAXA A

YORK, NOVEMBER

INVESTORS' SUPPLEMENT
or THE

Cfltmnnrinl

nnit

/itmnrinl Cjironidt.

The Supplement it issued on the last Saturday of each month, containing
a co.nplete exhibit of the Funded Debt of States and Cities, and of the Stocks
and Bonds of Railroad and other Companies,
furnished without extra charge to all regular subscribers of THE
CHRONICLE; no single copies arc sold at the office, as a sufficient supply is
printed for subscribers only.
Transient advertisements are inserted at twenty-five cents per line; advertisements by the quarter, six months or year, at special rates.
It

is

The month

of

Co., in the onion of thn J.lhra.ian of ConijreM,

27,

of nixes to bo retired.
$1,100,000,000, but

Wulilmton, D.C.]

1875.
The amount of

fixes

still In

circulation is

the theory of the Secretary that it is better
to undertake to fund a small amount at a time, as the bonds are
it is

then more likely to be taken rapidly.
The bonds of the Union Pacific and Central Pacific Railroads,
which are among the most popular houds in the market, have
fluctuated widely in consequence of the argument in the U. S

Supreme Court of the case of the Union Pacific Company against
the Government to recover .back^tlus wojiey withheld for transportation of troops, &c., and in which the general question in
collaterally involved of the obligation of the Pacific Knilroad
Companies to pay interest on the TT. S. bonds received as subsidy,

at any time prior to the maturity of those l>oiids.
The Court of
Claims had given its decision in favor of the company, and it is
INVESTMENTS l\ NOVEMBER.
November was marked by .an easy money mar- supposed.by many that this will be affirmed, but the course of
in the last half of the month, and a good demand lawsuits is proverbially uncertain, and until decision is finally

ket, particularly
for investment securities,

considering the season of the year.
principal features worthy of special notice- were the eeneral
elections at the beginning of the month
the argument of the

The

;

given th* Pacific Railroad securities must necessarily feel to
some extent the effect of the pending question. Little weight is
to be attached to the popular idea that, the U. S. Supreme Court

and "Granger' railroad cases before the U. S. has a peculiar satisfaction in reversing decisions of the Court of
Supreme Court, at Washington; and the calling in by Secretary Claims.
Bristow of all the five twenties of 1874, and $1,075,400 of the
The so-called "Granger" suits, which affect principally the
issue of 1865's old, and thus exhausting in his negotiations with securities of the Chicago & Northwestern and the Chicago Milthe Syndicate the whole authorized issue of $500,000 in five
waukee & St. Paul Railroads are also awaiting decision in the
per
cent bonds.
U. S. Sapreme Court, and a conclusion favorable to the railroads
The elections in November had an important effect upon the would in all probability have a decidedly stimulating effect apon
question of investments in the United States, as they were gener- the stocks and bonds of those companies, though in this case the
ally accepted as a decision by the people in favor of hard money decision of the U. S. Circuit Court was against the companies
and a gradual return to specie payments. Great importance is aad a reversal would be nocessary now to decide in their favor.
There have been very few offerings of new bonds, as the
placed upon this matter abroad; and according to all the accounts
received from gentlemen returning from London, Amsterdam, or present late period of the year is not a time when new works
Frankfort to this country, the temper of the people here on the are undertaken, either by private corporations or under city or
question of inflation or hard money is regarded with the utmost government authority, and therefore the demand for money on
Union

Pacific

1

Had the late elections in New York, Ohio and Pennshown a decided triumph for the inflation party, it is
exceedingly doubtful whether it would have been possible to sell
another U. S. 5 per cent bond abroad, any where near par in
gold.
interest.

sylvania

that account

is not large.
Decrees of foreclosure have been entered in the case of eeveral
railroads, and with others there have been numerous meetings

of bondholders to devise plans for the protection of the property

These remarks bear upon the single point of the investment which they represent. The effect of all this is to keep promof foreign capital in our securities, as a matter of fact, and inently before the public the subject of railroad defaults and to
are not intended as a discussion of the general merits or demerits suggest the inquiry whether some essential changes cannot be
of inflation, so far as domestic affairs are concerned. The com
made in our present form of mortgage loans, by which bondholdplete success in funding $500,000,000 of Government six per cents ers will be better secured in the event of default, and be enabled
into bonds bearing 1 per cent less interest and this in the face of more easily to get all out of the property which it can yield,
tin depressed condition of trade and immense amount of defaulted
without first going through the tardy, expensive, and usually
We may have occasion to
of foreclosure.
railroad bonds in this country
is very gratifying to
every person damaging process,
who feels an interest in the credit and high financial standing of notice this subject more at length hereafter, and to suggest some
the United States. Though as to the defaulted railroad
few changes in the present methods of making railroad loans, by
bondp, it
is possible that
they have helped the funding business, for in which capitalists both at home and abroad would feel better
the general shakiness of other securities, investors have turned to satisfied to put their money in securities of this class where they
1

were based oc really valuable properties.
As to real estate mortgage loans the several companies, of
which the Equitable Trust Company is the oldest and most
country.
As to the future policy of the Government a recent
Washington prominent, are doing much to popularize this form of investment
dispatch to the Tribune says that the Secretary of the Treasury of and give bonds and mortgages some known market value, by
in his forthcoming annual report will l>e
pronounced in favor of making their own csiref ul investigation of the real estate offered
hard monoy and will sustain the policy of the act of last
January, as security and then giving their guaranty or endorsement of the
providing for the redemption of United States notes in gold in bonds. It would seam that the.se companies can in this way do
1879, and urge its retention.
That he will probably rncomnicinl an important and u.-icl'ul work both for borrowers and lenders,
a bill for the
funding of greenbacks directly into gold bonds though it is hardly necessary to add that the excellence at the
bearing 4 or 4.! per cent interest, and having a long time to run; work done must depend in each case on the care, good judgment,
and will ask for authority to issue additional five per cent bonds and strict
the affairs of the corporation are
integrity with which
to the amount of two or three hundred
millions, to take the place managed.
United States bonds as something safe beyond question, and
worthy to be ranked above every other security known in this

STOCK AND BOND TABLES.
NOTES.
These tables areoz]
5 expressly intended to be used in connection with the information concerning Inve
crning Investment matters, published from week to
week in the CHRONICLE to which an Index is furnished in the remarks at the foot of the tables. Annual reports are in black-faced figures.
A full description of U. 8. Government Securities Is published regularly in the CHBONICLE each month, as soon as the official "Debt State-

ment"

is issued.

Prices of all Stocks and Bonds are quoted weekly In the CHRONICLE.
The following will give explanations of each column of the tables below
Description. Railroads leased to others will often be found under"the lessee's name. The following abbreviations frequently occur, viz.: M. for
"mortgage," s. f. for*" sinking fund," 1. gr. for "land grant," rcg. for registered," coup, for "coupon," Br. for " Branch," guar. for "guaranteed,"
end. for " endorsed."
Date of .Bonds. The date of issue on the face of the bond is referred to in this column.
Miles of Road. Opposite Stocks, this means the miles of road operated, on which the earnings are based; opposite bonds, the miles covered
by the mortgage.
Size or Par Value. These figures are dollars, showing the denominations or par value. The figures " 100, &c.," signify $100 and larger.
Sate Per Cent. The Interest per annum is given for bonds, but the per cent of last dividend for stocks ; g means gold x extra s stock or scrip.
When Payable. J. & J. stands for Jan. & July; F. & A., Feb. & Aug.; M. & 8., March & Sept.; A. & O., April & Oct.; M. & N., May & Nov.; J. &
D., June & Dec.; Q. J., quarterly from January; Q. F., quarterly from Feb.; Q. M., quarterly from March.
Bonds, principal when due; Stocks, last dividend. The date in this column shows the perio'd when the prii
principal falls due of hands, but the time
when the last dividend was paid on stocks.
:

i

STATE SECURITIES
Subucrlberg will confer a great favor by gtriig Immediate notice of any error discovered In tlnese Table*.

DESCRIPTION.

November

27, 1875.]

STATE SECURITIES.

Subscriber* will confer a great favor by giving Immediate notice ot any error discovered In tliene Table*.

DESCRIPTION.

STATE SECURITIES.

yi

[Novoiiiuer 27, 1875.

Subscribe.-* will confer a jrreat favor by glvlug Imiuedlato notice of

DESCRIPTION.

Amount

par

outstanding.

Miuxitrhturtlx

Value.

page of tables.

iln-l

Stall'

Tables.

When

Rate.
I

Principal
Due.

Where Payable and by

When

Whom.

Pay'ble

{( 'inifui m'tl t

HarlMir Land Improvement (.V-'Os)
Da-livers I.un;i1ir Hospital
Lunatic Hospital, Worcester

New

theiie

tNTERKST.

Size or

DBte of
Bonds.

Forfixplaiiiitionssee notes on

any error discovered la

1.000

.*

187.4

1M74

#100,000
!)<)(),

75O.OOO

I. (MM)

for

1,000
I, (MM)

1.000
1,000

g. .1.
g. |J.
g. 1.1.

101.000
822,000
358,000
40,000

Uenewal Loan IJondH
Salntc Marie Canal bonds
J[ in nesola

,

,,000

1S(!7

State Building Ix>an

An

,do

July, 1804
July, 1894

Huston, Treasury.

do
do

J.

J.
J.

&

J. N. Y.,
J.

M.

&
&

N.

J.

'

do

J.
J.i

do
do

'

Two Million Loan
War Bounty Bonds
do
do

A-

&
&

:<00,000

1858
1863
18C5
1859

Women

li
!

1,000.000

187")

1'rlsoii

Reformatory Prison

'

5

Odd'

I, (MM)

1.000

1

S(is

coupon

Railroad Bonds (not recognized)
Xittovri
State bonds
Consolidated bonds
University and Lunatic Asylum bonds
Statt" Bank stuck refunding
Bonds to North Missouri Railroad
Bonds to Cairo & Fulton Railroad
Bonds to IMatte County Railroad
Bonds to Iron Mountain Railroad
Pacific Railroad of Missouri
Southwestern Branch Pacific Railroad

1. (II III
1. 1)1)0

l,000{

186.-> to'Oti

i

8IW
1M72
1K71

M to

I.

'fio:

1,00(1
1.00(1

1834 to '5i>
1S3H to '59
1H.-.7

do
do
guur.
Funding bunds
Renewal bonds, coup., 5-20s, (act Mch. 29, '7;
Hannibal .fc St. Joseph Railroad
renewal
do
do

1.000

1,000
1,006

1,000
1,000

1871
1872

1,000
1,000

i

3,O87,OOO

2H5.000

1883
July, 18.92

1S75

1-.75 to '89

1875 to '87
1876
1876
July, 1894
1895
1875 to '87

.1.

i

to"'88

lS77to'9
1889 to '90

1

160.000
800,000

'57l

1879

1S83 to 1903
Dec., 1887

r

2, 71 ri.OOO

;

1853t,o

1877
1S78

fe

1,!)OO,OOO

1874

)

;

,

'

May, 1890
July, 1879

.1.

501,000
2,340,000
3,735,000
1,155,000
"

to'66

1850 to'61i
IS71
1875

. .

2,s.-)3.000
:i!)2,ooo

1.IMIII

July, 1878
1*78 A '83

do
do
do

.1.

101,000

(Mil.

V>!>

J.

Am. Exchange Hank.

do
do
do

&
St. Paul, Treasury,
&
do
do
& J.
do
do
& J.
do
& D.
.*...""
& J.|N. Y., Bank <0
k
& J.I
do
J.
do
So
& J.
do
do
& j.;
do
do
& j.l
do
do
& x
do
do
& j.
do
do
& j.
do
do
& x
do
do
& j.
do
do
& j.:
do
do
do
& j.
do
&
N, Y., B'k N. America.
& j.
do
do

139,000
,.
401,000

1,000
1,000

H.Vl to '08

IS57 to

.000

1.1)00

1

1

lOO.ooo
100,000
50,000
230,000
2,275,000

.(Hill

I

1808
1873
1858

do

&

Iferartii

State bonds
Territorial bunds

Xtir Hampshire

War loan, coupon bonds

State bonds...

1861
1864
1872
1878

1,000
1,000
100 Ac.
100&C.I

418,000
600,000
2,206,100
500,000

War

186)

100 Ac.
100 Ac.
100 Ac.

10 Various'
M. & 8.

-

do

Municipal war loan
loan bonds, tax free

do
do

1803
1864

do

do
do

taxable

6

do
do
registered stock
General fund debt Astor stock
rto

do

do

do

1

&
&
&
6
6
&
J. &
7
7
J. &
5g. J. &
g. j. &
j. &
j. &
g. j. &
6g. j. &
6ff- j. &
G g. j. &
A. &

!

do

do

1848
1875

I

**

a
3a

47:i,0(Ki

Art. 7, Sec. 3, of Constitiition and Art. 7, Sec. 12.

4,738,800

G

J.

3,6H9.I(K)

6
6

A.

100&C.
10O &c.

2,417,400
1.711,400

1873
1873
1874

Comptroller's bonds (by Rev. Slat's)

Railroad and improvement bonds, old
do
do
old
do
RR. and Improv't bonds, new (not special tax)]

.->00

do

do

1866
1868
1867
1868

I

Registered certincatcs of literary fund
Penitentiary bonds, act Aug. 24, 1868
Special tax bonds

i

1850
1860
1856

1

J.

J.

44,(MM)

6
6
6
6

1,403,300
4,072,640
2,400,000

6

.

OhL-

Reglstcred loan, payable after 1875
do
do
do
June, 1881....
do
do
do
June, 1886....:

loo ie.
1OO Ac.
100 Ac.

A.
J.

A.
A.

6

J.
J.
J.

6

Oi-fijon

Bounty bonds

Willamette Canal and Lock

46,027
200,000

1870
j

Inclined plane loan
'onpon loan, April 2, ($28,000 registered)

1849
1852
1852
1852

I

l

do
du

do

May

I

I

I

Uicltiqan. Tim debt h:\s boon largely diminished
Assessed valuation of real
lu the UUt: faw years.
and personal property, 1H71-72. $> 3;),OUO.OOO, and tax
rateS-rf mills. Surplus revenue is applied to purchase of bonds. (V. HI, p. 189.)

Minnesota. AH the State bo-ids are now held liy
the permanent school fund. Minnesota is u-iial!y
classed among the States which have avoided their
obligations, in c.iuscoucnce of her refusal to recognize the "State Railroad bonds" of I85S to the
amount of $3,275,000. Efforts to have them aeknowlcdged by the State have thus far failed. Property
V. 18, p.
valuation, 1374, $-217,000,030; tax, 5 mills,
l

61,217; V. 19, p. 403.)
Missouri. The Governor's message on finances
was published in the CHRONICLE, V. 20, p. 83
The valuation of real and personal property in
1375 was (549,501,471, upon which the tax is 4'i
mills.
Railroad property was assessed at *51,819312, as returned to County Courts; but at. only
j 19,861.141, as returned to" the state Auditor in
The State had $1 4-S.OOO bond* intituriicj
ISr.i.
To provide for
in 1875. and $3.907,000 in 18TH.
these, a law of 1875 authorizes the .-ale of new li mis.
The Hannibal Se St. Joseph Railroad provides for its
own debt. Bonds falling due are paid in currency,
pursuant to a resolution of the Legmature, aitboiuA
some of these bonds are payable by thc r terms in
"
gold or silver." (V. IS. p". 3".4, mid; V. l, p. 438,
503; V. 80, p. 83, 161,890, 313, 33li, :iMJ. 477: V. 21,
:

p. 877.)

NevadA.
nominal.

New

'1

lie

debt of Nevada

IfidHiMkii's.

The debt

is

of

hardly

mure than

New Hampshire

was created for war purposes, and is betus; rapidly
The Municipal loan of 1872 was issued to
and towns, the proceeds to IK; nsed in reducing
their several war debts, which the State thus assumed.
The debt was created for war purNtfts J&'ftey.
paws. Of the first two classes of bonds the princial is piyble, $100,003 per year. Valuation of real
r.iduccd.
cities

i.ouo
1,000
1.000

and personal property

J.
J.
J.

Trenton and Jersey City.
do
do
do
do

J.
J.
J.
j:
j.
3.
j.
j.
j.
j.

N. Y. Manhattan Bank,

7

400,000
390,000
87.OOO
2.867.OOO

6

J.
J.

7

5

g.

A.

*.

J.
J.

g. IF.

in 187J, t61!l,09r,!);3

O.

& J

&
&
&
&
&.
&
&
&
&
&
&
&
&
&
&
&
&

St:ite

:

3% mills.
New York.

tax,

There is also $S,000 contingent debt
Long Island Rullnad, and $7. 'Ml per annum for
Indian annuities. The debt of New York State has
been created chiefly for canals and for war purpo- s.
The late al canals are a failure; but the Erie Canal,
th ugh expensive (partly through political fraud in
its management), has been a great success, as an internal improvement. An abstract of the Comptroller's report, for the year ending Sept. 3 \ 1S74, was
given in V. &'t, p. GO.' The following WITL- valuations
and tax rate for State purposes in the year IS.'iii, add
from !870tolS7l
Personal.
SI ate tax.
Year.
lieal Kstnte.
to

i

Concord or Boston.
do
do
do
do
do
do

8.

do

do

Albany.
N. Y., Manhattan Bank.
Albany.
N. Y.. Manhattan Bank,

do
do
do
do
do

1

do
do
do
du
do

New

'

York.

O.
J.

O.

New

York.

do

3.
J.
J.

N. Y., American F.xch. B'k.

J.

State Treasury.

do
do

J.

O. Phila..

Farm,
do
do
do

i

At

19()>J

1877
1877

April,
April,

will.

July, 1878

At

Oct.,

will.

1893

Dec., 1877
July, 1887

Jan.
July

1,
1,

1883
1891

Oct. 1, 1892

si is lo '98
Jan., 19OO
Oct., 1898
Indefinite.
I

O.

do
do

Jan., '97 to

I

Raleigh, Treasury.

.T.I

O.i

is79to'80
Jan. ,1870 to '84
Jan. ,1886 to '96

1868 to '98
1868 to '98
SIN to '98

do
do
do
do
do

O.!
3.

July, 1875 to '78
1SS4 tO '89
Jan., '92 to 1905

Sept..
1

On demand.

Albany.

A.

lYooo

i

.

2,:is:j.ooo

11,107,000

!

J.
J.

J.

5&e|'.

'1872

I

do
do
Funding bonds, since war
do
do

.

880,000
1,562,000
817,500
4,302.600
2,OOO,OOO
66,443
&c.
r.ooie.
i ,000
1,000

Under

\

,057,000
l,S55,OOO
561.,500

SOU. 000
1,5:(7,887

,,,*

&
&

J.
J.
J.

1

I!

1827 to :!_'
1848

deficiency loan

M.

6

j

1.000

Bounty loau bouds, coupon

J.

6
6

j

1100,900

593,400

New York

do

|

1,OOO,9OO

do

1881 and '82
March, 1887

State Treasury,

913

Mceh. B'k.
du
do
do

Oct. 1898
1898 to '99
Jan., 1876
July, 1881
Jan., 1887

1885
1880
April, 1S79
July, 1882
July, 1882

Aug.. 1877

holds $3003.30.1 stock and receives
A
dividends thereon. Other interest in default.
funding bill passed the Legislature March, 1875,
(see 'iinoNicLE, V. 3d. p. 33(i.) In New York bonds
are classified thus: "Old." being those Issued prior
to May 1, 1S01. coupons on from Jan. '69; "N. C. R.
I!." issue of *2,800,000 to that road, coups, on since
Jan. & April. '(i!i; >auie "coup, off "have had 7
the

State

(

:

"

185!)

$t,0!l7,:jlil,524

1870

l.M8,7-jn,907

1871

i,r,!).(i;jo,i6ii

18W

1,B11, 379,410

1*7:}

1,

1874

l

iW

'i'i3,l)7l

131.38

>.

147,241,1)85

9

:

108.315

li

95 10)

4:i:.

41K,li!IH,955

71..,-

It appears that the assessed value of real estate by
localassessors is $1,750.6.I8,!I. while the full value,
us estimated by tiic Slat assessors, is $4,168,330,757
The Comptroller says the actual value should be
adopted as the basis of taxation. The debt decreased
iu 1873-4 $8/49,570. The actinl value of real estate
in 1874 was estimated to be $4.168,330,757, and total
amount raised by tax, State and local, was (57,811.3S1. The local debts of cities iii New York Stale are
of counties, *4ti,M1,S64. and town-,
$137.539,6 9
$55,140,1*1. (V. 19. p. 350; V. 20, p. S3, 60, 615.)
;

Xot'Ui Carotitta. North Carolina is heavily burdened with debt, it proportion to her taxable
property. Numerous plans of compromi-es with her
creditors have been suggested, but none agreed upon.
There is a strong sentiment in the State against
recognizing the special tax bonds at all.
lengthy
extract from the Treasurer's report was given in V.
Total property was assessed iu 1872 at
80, p. 84.
$133.507,628, a low valuation. Interest is paid on
bonds issued to North Carolina RR. ($2.800,000), a?

A

as
Governor's message
Ohio. The
regards
finances was ghvu in \ . 19, p. 582. Ohio has a very
small State debt, but large local debts, amounting
Stale taxes (iy mils)
in 1S74 to $'2!,S8(i,007.
local taxes,
amount to $5.n o.:;.;;
(21,'86,8i9.
Valuations in 1KM were; Real estate in cities, Ac.,
$354.819.199; other. (697,408,697; personalty, $52'.Tax rate in 1875, 3 2-10 mills.
121,538.
:

Oreqoil. The debt is provided for by sinking
funds.
Taxable property in 1872 was valued at
837,174,161: y, mill tax was laid for Relief bonds
and 1 mill for. Bounty bonds.
l\ u/t.ojl ran! !.- In addition to the loans given In
the table there is $2)1, (1211 of past due debi in various small issues. The financial system is remarkable in Pennsylvania, iu the fact that no tax
State purposes
on real
for
laid
estate.
is
Ueveuiu' i- nrs.-il from numerous sources, prin-

cipally from corporations. Taxes are levied on personal "propertv, which is assessed at $165.3(i2,443,
and the tax in 18"! wits $535.719. Funded debt
was diminished in 1874 $l,830,18o. Balance In
The
Treasury at closo of fiscal year, $1.054.551.
State holds $1,751.321 in stock* and $9,MX),ono f
railroad bonds. Interest is paid iu gold on a" tl'.e
State debt issued prior to 1867. Any coupon bonds
may be changed to registered. The bonds due in
1877 are payable at any time till 1882' those of 188*
till 1893.
(V, SI, p. 137
i

November

Subscribers will confer a great lavor by giving Immediate aollce ol
Date

DESCRIPTION.

Sizo or

nsulrania

(

n

outstanding.

,

value.

Wbeo

Stock loan of Feb.
do
dn
dn
dn
Htock loan of Krli.

1S">2
1X.VI
1*1,7

2 (n-iristnvd) ..............
.............
registered)
(registered)... ...........
(coupon or regi.Htcred).
(ivnistered) ..............

'.!,

it

do
dn
do
do
Cliamlwrsbnrg ccrtllleati'.s, Mny

$1,000

$400.500

1,000

27:!.iMM)

5o Ac.

]

18li7

50 Ac.
50 Ac.

1H<>7

.

Vfece,

j

.

1Hfi

A
A

A. Phlla., Farm.

1,250,100
-

1807

do

(coupon

Where payable aud by
whom.

'payable

din li nneil)-

Regbtered luiin. May 1 ........................
Coupon loan of April 19 ($35,000 registered).

~

f.

g.

F.

5

.

IF.

871

8-_'.79

187*2

500,000

.............
.................................
........................................

1862
1803
1803
1801

South Carolina
State Htock ......................................

1791

War

Imiul .......................................

do
do
do

1, 01

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

stock, 1st issue ...................

38,837
188,886
121,051

.....
Railroad endorsements ............... ........
Tennessee
New fundiiiK l.onds, act of 1873 ...............
1874
1,000
Bonds registered, act of 1873 .................. Various.
1,000
Fundalilc houds and coup, not yet presented. Various. Various
Bonds, iviiistentlde, not presented ............ Various.
Held by K.T. University (not to be funded) .......
1,000
Tents
Fundhi !f State debt ............................. 1866 A '71
1874
1,000
FuMing State warrants, act May 2, 1874 .....
187O ____
187O
Frontier defense, gold, ai-t August
1,000
Keveiiue dctleii'iiey bonds, act May 19,1871..'
1871
1,000
Is72
do
do
act Dee. 2. 1871..!
1. <>!><>
1874
Bonds, act Mar., 1874 (for paying flont'gdebt)
1,000
Veteran Pension bonds, act Ang.,'7OA Apl.,'74
1871
100

1,000,000
1,100,000

1862
1802

bonds, coupon ........................

do

resfistered ....................

A
A
A
M. A
,M. A
3. &
J. A
!j. A
J. A
J. A
J.

!
i

Virginia
Old bonds, coupon .............................. 1851 to '61 r.OOAc !
do
registered .......................... 1851 to 'fllj Vari's ]
l-Wi
do
sterling .................... .......
iJBlOOAc
Funded bonds, coupon ......................... 1800 to '071
500 \
do
registered ..................... 1806 to '67 Vari's )
do
1807
100
sterling coupon ...............
Consolidated (Act 1871) coupon, receivable...
1S71
lOO.Ae.
do
...\
do
1871
reg.,conv. do
lOO.Ac.
do
1872
(Act 1872) coup., not receivable
lOO.Ac.
do
do
1.S72
do
reg.,
lOO.Ac.
Deferred ccrtitlcntes (W. Va.) ..................
1871
Various
1871 [Various
Interest on sterling debt, funded ..............
Certificates for one-- third interest .............. 1871 to '7

144,000
168,000
7,562,652

debt

whm

funded

will

amount

to

Net

Total receipts

fiunnces of Tennessee have been
well managed since the war In largely redm-ini; th,On the first
di'bt by the payments from railroads.
]vsit
.1.
July, 18J4. the payment of interest was resumed,
i
and the interest due January 1. 1S75, was paid
bv help of a loan of $300,0u',>, but default again
made Julv, 1875. The Stnte Treasurer.. February
....
,,
j
5, 1875, (fttve the following estimjtjs for the current year:

Duflclt

!

:

:
;

Due

poll-tax

fund

rotalrequirementforcurrentexpBnses
and floating debt
$2,653,594

York.

1886 to '93
At pleasure
1886
10 to 34 years
10 to 34 years
1905
1905
1905

A

Contingent
Co.

190?.

V.

20, p. 14, 84,

Texas. The State Comptroller, August 31 1-7.J.
reported total funded debt Jl,;07,'?88; floating debt,
$114,328. The valuation of taxable property In
1874 was $241.841,8, against *207.H2n.5*i in 1^74
Tax rate in 1874, 50. (V. 19, p. 15, 117, 141; V. SO,
,

p. 84.)

Vermont. This State has a very small debt nil
created for war tmrpoe. Of the registered bo"<l
The
$135.500 are held for Agricnitur.il College.

2,423,406

sinking fund, Aug.

i

i

1

I

,

I

1

.

!

$2,093, 41B
231.0711

Co.

18, p. 143. 217. 850. 497; V. 19. p. 107;
161, 282, 4'J! ; V. 2 , p. 87, 313.)

$830,585

|

$37,100

A

1875 to '78
1875 to '9O

coupon of Jnly. 1875; "New," issued since 1862 car" ex
rying coupon of Jnly, 18tt!),
coupon" July, 1873,
only; ''New Series/' the now funding bonds. (V.

S'lbn-qnently laws were passed to tax railroad-,
which it Is olninv-d will give an increase of
revenue over 1874.
The I
law parsed in March,
.
,.,...,
.
,......,,,
'878, provided for funding
outstanding, legally
issued bonds, due betwe(
.veen July 1, 1S7I,
an4
"all pnst due coupons,
1.
'"'/ _,._-_-,.as well ns
and coupons maturing oil or before Jan. 1. 1871, In
a 10-40 year per cent bond. The total debt given
above is snbstantiallv. ncc.irdin? to the last report
of t|l( , ComptTO 1( r January, 1875. The Comptroller
estimated debt of solvent railroads at $3,288.896;
due from purchasers of railroads the-i sold, S'tia.OOO;
value of Knoxville & 'liarleston road, $100.000. The
State's endorsements for railroads are $1,801,000, of
which $1,560.00) is taken care of by the roads. Total!
valuation of real estate. $68 1,000, 000, and railroad!
The rate of taxation l. 40
property, $51.000.000.
cents on the $!0i). Tennessee bonds sold as 'Old"
arc those issued before 1382, and having coupons
of July, 1-69; Old "ex coupon," have only the

^

I

$1,490,654
661,762

31 ',000

March 1, 190-1
1894

York.

London, Baring B.

$1,5S5.00D
838,406

sources in 1874

do
do
do
do
do
do

Various.

1877 and 1891
Jan.. 1881
1910
Sept. 1, 1876
1892

\., 1ST4,

wa

.

i

Total expenses
fiscal agent Jan. 1,1875
Outstanding warrants

Due

all

1, 1914
1875 to 1900
1900
IK?:, to 1900

Julv

I

$(i.l<-7,-

The

ESTIMATED __._ ,.
EXII.NSLS.
Total interest per annum on bonds
State government expenses'

receipts

1888
1, 1893
1. 1893

July
July

do
do

$1,360,000
331,003
108,0)0

be received from taxes

York.

Richmond, Treasury.
do
do

..
Total cllrrciu receipts
mal current rcccmts
$1,789,000
De<luct 1% n rt cornm iss'ns'&c

V

Ten newtee.

New

J

|

To

New

Richmond, Treasury.

KsTIJIATUD RECEIPTS.

Total valuation of all property, $176,%r>,5G2:
rate of taxation in 1674, 12, mills.
(V. 19, p. 38;
20. p. 81, 241, 291, 358, 547; V. 21, p. 489.)

411.

New

5

-i

State tax of 40 cents
Privilege tax
Clerks of courts, &c

of

Boston, N. B. Mut. Rcd'n.
Montpelier, Treasury.

i!i'i2!ofoo

1,030,784
15,239,370
212,60
1,828,721

I

tal

1>.

460,259
17,281,loo

'

Thc'l

J.
J.
J.

D.

Bank
do
do
do
do
do
do

8.
8.

July T,' 1808
July 1, 1808

Fourth Nat. Bank.

Y.,

N. Y.,

do

Ixnidon, Baring B.

700,000

J

South Carolina. -The funding law approved Dec.
22. 1873, provided for scaling down the old debt by
L'iving new bonds to the extent of 50 per cent, and
declared void the conversion bonds to the amount
of J5 965,000. Tin; January and Jnly interest was
paid on consolidated bonds, but a loss to the Slate
of about. $400,000 cash by failure of a trust com
p.-my mused a suspension of payments afterwards.

,

J.
J.

1,865,000

.

Bhodf Man/I. The debt was all created for war
Tile
purposes and is bein^ steadily diminished.
valuation of real and personal property in J873 was
$i!7,798,5SO, aud tax rate 20 cents on $100.

;

J. N.

J.
J.

'

500, Ac.
500.&C,

At pleasure.
Jan. 1, 1877
Jan. I. 1888
July 1 1883 to '8.".
July 1, 1*87 to '^9
July 1. 1SS2 to NO
.

do

do

Vermont

War loan

l9;l

Aug.,

N. Y., Fourth Nat, Bank,

200,000
393,000
097,000
279,000
DOO.ooo

.

April, l-n:(

do

do

6,222,000
16,289.000
1,056,000
1,074,000
396,000

i

March, 1882
.Inly.

London.
Columbia.
Columbia A Fis. Ageu. N.Y
New York or Columbia.

3,080.100
16.084
4,707,008

."..

C'o.

do
do
do
do
do
do

do

Glti.OOO

.

T.

.

1871 to '80
New York. July 1, Hs7to'97
Columbia, Treasury.
July 1,1875 to '79
Columbia and New York.
July 1, 1888
do
Julv 1. 188S
do
do
do
July 1, 1889
do
do
July 1, 1882

88lill8
807,000
308,000
8 17.OOO
1,109,550
1,170,300
201,000
481,944
292.011

\

.

June, 1870

dn
do
do

do
do
do
do
dn
do
Columbia and

215,107
123,175

l.onds ........................ 1809 to '70 r.OO.Ac.
1833
Fire loan bonds, sterling .......................
1838
do
domestic .......................
stock,
180!)
Bonds Relief Stal e Treasury ..................
Consolidated bonds, coup. (Funding act) .....
1873
Various
stock (Funding act) .............
1873 ^Various
do

A

H.

Aug., 1877
An-., 1S78

I

Columbia, State Treasury,

29(i,700

Land commission

I.

flue.

Feb.. l>-7Feb.. 1-72
Feb.. 1977
-i
I--.
Feb.,
Feb..

do

do
do
do

do
do
do

7it;,ooo

1857

do

Providence, R.

i

(KW.OOO

S3(>

1

9,000

'205,000

Various
Various
Various
do
ad do ..................
1858Various
ild
do ..................
do
do
1859
Various
do
do
4th do ..................
1801
Various
do
do
5tli do
..................
bonds ............................ 185:itoV.l
do
1,000
1300
5O.&C
Funding bonds and stock ......................
IS.M
Blue Kmge Kallroad bonds ....................
1,000
Isiis
1,000
Funding hills rci'i-ivabh- .......................
18<i8
1,000
Payment of interest ............................
180S
500,*e.
Ponding bank bills .............................
1809
Conversion l.onds and stoi'k ...................
500, &c.

House
do

State

Modi. H'k.
do

do
Hftrrtabopg Treasury,
dn
do

723,'.>:,o

'J7 (ivgist'd).

A

Ao
do
do
do
do
fa
do

A.I

OO.400
9,271,850

Agricultural Collect- land scrip ................
lt>u>de Inland

vn

error discovered In three Table*.

v

Amount

par

of

bonds.

For explanations see notes on first pngo of tables
I'en

-

STATE SECURITIES.

27, 1875.]

(

.

j

I

>

The Funding act of 1S71 provided
coupons of the funded bonds should be ruti-li t,;:;,v..
For i-3 of the old bonds a
new bond was issued, and for the olhcr <{ a deferred
certificate given (as the proportion due by \V. >t
Virginia). The act of 1H'.2 amended that of 1S71 by
not allowing coupons to be received for taxes. .\
the amounts mat ked (*) may he funded under the
amended act of 1BT2. Efforts have been made to
Mryinla.

tha'

able for State

:

|

avoid the provision allo\\iuu' rou(n)ns of the first
bonds to be received for taxes, bat thus far without
success. The sinking fund holds$2.1lt>,U3 4 of tit-it,

bonds and

Interest due Jan.. 1>>T4. was
certificates.
The July,
(J per cent) in Jnly. 1874.
and Jan., 1875, interest Im* not been paid, but":!
per cent on each coupon Is authorized 'iv tlic I.e^;^-

paid in part
1874.

Assessed value of property is $32M'.'4,I5>;
5 mills.
The amount of interest duo mid
Jan. 1, 1875, was $i,732,
(V. iv, p. rs
unpaid
502, 5S6, 533; V. 0, p. M, 300, 856, ')75, 547.)
laturc.

tax

riite,

CITY SECURITIES,

via

[November

27, 1875.

Subscribers will confer a great favor by giving Immediate notice of any error discovered In these Tables.

DESCRIPTION.

Date

For explanations see notes on first page of tables
Albany, N. Y.
Albany & Northern Railroad loan
Relief of drafted

Size or

Amount

par

outstanding.

City improvement
Washington Park
City improvement
Water stock

Additional supply
Bonds loaned to Albany & Snsquehaniui RR. .
Augusta, Qa.
Bonds for various purposes
Baltimore
Consolidated loan of 1890.
Water loan
Consolidated bounty loan.
Exempt bounty loan
Public parks (Druid Hill)..
Park improvement loan
Five million loan to Baltimore & Ohio RR
One million loan to Pittsburgh & Ciucin'ti RR
New City Hall
.

do
do

Consolidated loan
Court house loan

Funding loan.
do
Western Maryland Railroad

Various.

250 Ac.

7,212,046
5,000,000
2,211,068
410,353

Endorsements for York & Cumberland RR
do
do Western Maryland RR.
do
do Union Railroad
Bangor, J/e.
.

City debt proper
Municipal loan

Water loan bonds, coup. (Act Feb. 22, 1876).
European & North American Railroad
Bangor A Piscataquis Railroad

Boston

Various

555,5G(i

6
6
6

1853 to '65 100 Ac.
1874
1,000
1875
500 Ac
1869
1,000
1869
1,000

371,000

A

do

6

6
6

220,000
100,000
350,000
1,000,000
814,000

6
6
6
6

do

Various Boston, Merchants' N. B'k.
Boston or Bangor.
& J.
& J. Boston, Merch'ts' Nat. B'k
& J.
do
do

J.
J.
J.

7

If:

$102,764,770.

Augusta. The Augusta Chronicle reports the total
debt as increasing f 500,000 in fifteen months.
Baltimore. The fiscal year of Baltimore ends
with Oct. 31. The city credit has been loaned extensively to railroads, in exchange for their securities, which it holds to a large nominal amount. The
sinking fund for Bait. & Ohio Railroad $5,000,000

loan is $1,649,053; West Maryland Railioad sinking
fund, $140.60"; and the total of the several other
sinking funds, $5,936,566. The Bait. & Ohio RR.
pays interest on $5,000,000 loan; Water loan is paid
by income of water works, and Public Park by City
Passenger Railway, and out of a total debt of
$32,095,755 only $7,535,304 is dependent on the tax
The assessed value of property in 1875 is
levy.
$231,542,513; tax rate, 18T5, $1 80 on the$100forcity
purposes, and .20J for State. Population in 1870
was 267,354, against 212,418 in 1860.

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

The population

of Boston in 1870

thousand dollars

J.

A

& O.
& J.
A O.
& O.
J. & J.
Various
J. & J.
A.
A.

5g. A.
6

7
6

7
7
6

7
7
7
7

&

A
A
A

6

I

I

i

7
7
7
7
7
7
6

7
!

6
7

1874-5.

$12,183,805
2,864,425

$13,645,143
2,728,850

279,131

$10,916,293
327,439

$9,004,111

$11,213,782

Placing the tax to be paid to the State at the same
as last year, the estimated tax warrants exhibit the
following result:
1875.

City and County
State

$9,604,111 00

1895
189O
1886
1884
July
April 15, 190O
March 7, 1902
1885
Jan.
Jan.
Jan.

1,
1,
1,
1,

At will.
July
Feb.
Jan.
Oct.

1900
1894

1

1,
1,
1,
9,

1002

lil,

1886

March

1900"

8, 1892
1, 1877

Boston.

do
do
do
do
do
do
do
do
do
do

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

1874
$11,243,783 00

802,12000

802,12000

$10,406,231 00

$12,045,902 00

J,

J
J,
J.
J.
J.

to
to
to
to

'93
'94
'83
'92

1878
1876 to '99
April, 1901
Oct., 1902
1880 to '99
1901 to 1905
Jan., 1901
'.Ian. & April, 1905
1902 to 1904
1901 to 1904
Oct..

Oct., 1905.

Brooklyn.

J

July, 1878
1874 to '87
1 875 to '!>r>
April, 1893
July, 1899
1874 to '85

1876
1875
1 875
1875

do
do
do
London, Baring Brothers.

J.
J,
J,
J.
J.
J.

1875 to '94
Jan. 1, 1894
July 1,1905
Jan. 1, 1894
April 1, 1899

l75to'82

do
do
do
do
do

J

&
&
&
A
&
&

will

Per centage.

do

Boston.

A O.
& J
A J
A J
& J
& J
& J.
A J,

$9,324,380

Income

do

Various
Various
Various

1875-6.

Appropriations

do

London, Baring Brothers.

J.

A.

be largely reduced from last
year. The following is a comparison of the approasked for and income to be received, compriations
pared with the estimates for 1S74-5

was

232,497, against 177,840 hi 1860. Valuation of real
property in 1875, including the recent annexations,
was $558,769,500, and personal, $234,998,400; upon
which the rate of taxation ia $13 70 per $1,000 $12 66

J.

of this for city and $1 04 for State purposes. The
total debt, both funded and unfunded, at the close of
the last fiscal year, April 30, 1875, was $43,512,611, and
the sinking funds, bonds, mortgages, Ac., $18 218,402.
The sinking fund provisions are sufficient to meet
the debt as itmatures.In March, 3875, Mr. Turner,
city auditor, gave his estimates for the revenue icquired for the coming financial year 1875-76, commencing May 1, 1875, and terminating April 30, 1876.
This estimate is based on an assumption of strictest
economy in all departments. He says: It is a source
of congratulation that in meeting the actual wants
of the municipality and avoiding the borrowing of
money for other than for the additional supply of
water, extension of the water works, and extensive
and costly street improvements, the tax per each

Bangor, Me. The valuation of real and personal
property is $10,510,694; rate of taxation, 8.90 per
cent.

O.

&

J.

'.

Real estate, (43,161,203; personal, $6,508, 101; total,
Estimated true value of real estate,
$49,669,304.

&

Various
Various
5,6,7 Various
5 A 6 Various
6, 6*2, 7 Various
6, 6^2, 7 Various

. .

Albany. There are sinking; funds for municipal
bonds and for water stock. The loan to Albany &
Snsqneh. is secured by 1st mort. The assessed valuation of property in 1874 by State authorities was:

A.

5, 5*2, 6
513, 7

6

pleasure.
Sept. 1, 1893
Sept. 1, 1893
Sept. 1, 1890

RR.

Various
Boston.
do
Various
A. A O. London, Baring Brothers.

6
6
6
6

1890

1,

At

Jan.
Balto., N. Mechanics' Bank. Jan. 1, '90 & 1900
Jan. 1, 1895
Baltimore, Franklin Bank.

J.

. .

July

April

do

Balto., North. Central

6
6

6A

do

Baltimore.Reglster's Office.

Renewal city debt, sterling
For city purposes, war debt, &c

100 &c
1853
583,205
1852 to '64 1,000
4,446,11(10
do
do
do
1864 to '75 1,000 17,617,925
Burnt district, sterling loan
100 Ac
1873
4,997,003
Consolidated street iinprovcm't. sterling loan.
1869
JBlOOAc
3,585,389
1860 to '64 1,000
Roxbury debt, assumed
487,750
Dorchester debt, assumed
1861 to '69 Various.
132,500
Charlestown debt, assumed
1857 to '73
1,247,805
Mystic water debt, assumed
1862 to '73
1,280,000
Brighton debt, assumed
1866 to '73 Various
403,640
West Roxbury debt, assumed
Various.
495,000
Water loan, new main, Brookline Reservoir.
1858
1,000
394,000
do
Chestnut Hill reservoir.
1865 to '71 1,000
2,376,000
do
renewal of loan due '70-71, all reg.
1871
688,000
<!>
do
do
'72-73
100 Ac
1872
1,949,711
Water works, Roxbury, coupon
1868 to '70 1,000
700,000
do
1871 to '75 1,000
Roxbury & Dorchester
465,000
do
1871
Dorchester, all registered
375,000
do
W. Roxbury & Brighton, all reg
1875
210,000
Additional supply water
1872 to '73 I'.obb
600,000
Various purposes, for water works
1871 to '74 1,000
366,000
Water loan bonds, gold, coupon or reg
1875
1,000
1,000,000
Brooklyn
Debt of Williamsburgh, local improvement 1859 to '61 1,000
138,000
Brooklyn local improvement loan
1861
1,000
213,000
Mount Prospect Square loan
1857
1,000
90,000
Soldiers' aid fund loan
1865
1,000
552,000
National Guard and Volunteer Firemen's loan
1864
1,000
27,000
Third street improvement loan, local
1867
1,000
302,000
Gowanus canal improvement loan, local
1866
1,000
260,000
Bushwick avenue
do
do
do
1865
236,000
1,000
South Seventh street do
do
do
1866
1,000
278,000
Union street
do
do
do
1867
1,000
326,000
Fourth avenue
do
do
do
1862
],000
190,000
do
do
do
do
1867
1,000
230,000
Wallabont Bay
do
do
1867
543,000
1,000
Bedford avenue
do
do
local
1867
1,000
278,000
Kent avenue basin do
do
1869
427,000
1,000
New York Bridge loan, registered and coupon
1870
1,000
4,000,000
1860 to '73 1,000
Prospect Park loan, registered.and coupon
8,016,000
do
do
1860 to '72 1,000
1,217,000
1872
Deficiency bonds
1,000
319,000
Permanent water loan
1857 to '73 1,000 10,570,000
do
do
1872
1,000
50,000

Bank.
Bank.

Baltimore.Register's Office.
Balto., N. Mechanics' Bank,

6

200,000
500,000
1,375,000
117,000

Bank.
Bank,

do
do
do

Balto., N. Mechanics'
Plan.
Balto., Farm.

6
6

800,000

& Plan. Bank.

do
do
do

5
5

Bank.
Bank,

do
do
do
do

Balto., N. Mechanics'
Balto., Farm. & Plan.

6
6

1,740,000
1,000,000

1876 to '89

Augusta.

do
do
do
do
Balto., Farm.

1876 to '81

Nov., 1895

&

6
6
6
6

185,723
5,000,000
1,000,000
1,000,000
1,000,000
292,000
891 ,646
137,414

Feb.,

Plan.
Balto., Farm.
Balto., N. Mechanics'

6
6

1,015,300

100 Ac.

Due.

do
do
do

1,751,000

100 &c.
100 Ac.
100 Ac.
100 Ac.
100 Ac.
100 Ac.
lOO&c.
100 &c.
100 Ac.
100 Ac.
100 &c.
100 Ac.
100 Ac.
100 Ac.
100 &c.
100 &c.
100 Ac.

When

Principal

New York.
May, 1879
do
June, 1880 to '84
Boston, Merchants' Bank. Feb., 1885 to '94
New York.
March, '95 to 190O
do
Nov., 1910, 11,'12
do
March, 1876 to '94

1,000,000

Various.

1854
1863
1865
1860
1803
1853
1853
1868
1870
1874
1864

INTEREST.
Where Pa;
Payable and by
Whom.
Pay'blc

When

$249,000
46,000
151,000
348,000
454,000
244,000
500,000
400,000

$1,000
1,000
1,000
1,000
1870,1,2,4
1,000
1871
1,000
1851 & '52 1,000
1874
1,000
18G5
1,OOO

1870
1874
1872
1872
1873
1872

Jones' Falls
Valley Railroad
Patterson Park extension

Rate.

Value.

1854
1864
1806
1870

men ,

Purchase Congress Hall Block

do
do

of

Bonds.

1879 to '81
1891
1887
1885 to '94
1880 to '81
1881
1876 to '90'
1876 to '90'
1 876 to '90'

1877 to '86
1876 t '951876 to 'OS
1876 to '90
1877
1879
1901 to '24
1915 to '24
1915 to '24
1881 to 1902

During the last forty years, with a single
tion, the taxable valuation has shown an

excepannual

increase.
Assuming the valuation of 1875 at
$800,000,000, and supposing great economy, the rate
of taxation will be less than $14 per $1,000, a
material reduction from the rate ($15 60 per $1,000)
levied last year. (It was afterwards fixed at $13 70.)
is from the
Brooklyn. The statement of debt
Comptroller's report, dated Sept. 1, 18)5, which
nrade the whole city debt as follows:
Permanent loans
$26,063,000
Loans chargeable on specified property
benefltted
10,685,500
1

Tax

certificates

1,859,000

Total
Less sinking fund

$38.607,500

Net debf.

$35,144,764

3,462,736

The Mayor, in his message, January, 1875, stated
that the debt chargeable on taxation increased
in 1874 only $525,115, against $2.426.516 in 1873,.
$1,591,411 in 1872, and $3,590,531 in 1871.
Population in 1870, 396,800, against 266,661 in 1860.
Valuation of property in King's Connty in
1874, by the State Board of Equalization, $179,085,370 for real estate, and personal, $18,975,980;
f real estate
they estimated the true value
The Board of Supervisors
to be $426.393,740.
taxable property of Brooklyn
value the total
in 18i5 at (225,1?6,735, or about 65 per cent of true
value. The debt of Kings County, separate from
the debt of Brooklyn, is $:),923,OUO, of whieh the
city is responsible for about $3,728,000, Average
tax rate in 1874, $3 52 per $100, against $3 46. in
1873. (V. 19, p. 143, 653; V. 20, p. 520J

November

CITY SECURITIES.

27, 1875.]

Subscriber* will confer a

DESCRIPTION.

sjr.-at fftvor

by giving Immediate notice of any error discovered In thene Table*

CITY 8EQURIT1E8.

x

r

[November

Subscribers will confer a great favor by giving Immediate notice of any error discovered in

DE8CKIPTION.

Size or

Va.it> of

Bonds.

For explanations see notes ou

first

outstanding.

Table*.

tlieoe

INTEREST.
When
Where Payable and by
Pavable
Whom.

Amount

I

par

page of tables

27, 187, >.

When

Principal
I>ue.

!

Value.

l

I

Bonds

to railroads ............................
J.onn bonds, series A ..........................
Loan bauds, series B ..........................
do
do C .........................

1869 to '70
I

1-74

Loan bonds ....................................
PnrollOBC-inoncy bonds Southern Park ......
School bonds By Board of School Comm'rs.
Jersey

$500

i

s ;D

1874
1873

5OQ
1,000

6

Jan.

7-3

7-3
7-3
7-3
7-3

Citi/

Water lonu bonds, mostly coupon ............ 1852 to '67
do
............ 1869 to '73
do
do
1870
Improvement bonds ...........................
1873
Forty-year bonds ..............................

bonds ...........................
do
do
...........................
street dock ...........................
Morgan
City bonds, coupon ............................
Funded debt bonds ............................
Hudson City bonds ............................
Hcrgcn school loan bonds .....................
do
sewerage bonds .......................
do
improvement and watt r bonds .......
tlo
bounty loan ...........................
Green vi lie street Improvement bonds ........
Improvement certificates (5 year law) .......
Tiiipro veiuciit

Lvttievillt,

Water works ...................................
do
...................................
For Improvement of streets ..................
Re-const meting street ........................
Public buildings and institution* ............
Public School and school houses ..............
Sewer bunds ...................................
...................................
do

Elizabeth & P. Railroad .......................
Wharf properly ...............................

bonds .....................

1,418,000
3,109,800
900,0(10

622,000
1,866,000
3,433,000
125,000
921,000
500,000
171,050
150,000
400,000
152,000
103,000
249,000
20,000

1871
500 A-o.
1872 to '74 1,000
1870
1,000
Various.

1,000
1,000
Various
l.OOO&e
l.OOO&c
l.OOO&c
various

1872
Various.

1SH9
1S69
1869
Various.
Various.

500 &c.

1

do

New

RR
RR ____

Albany & St. L. Air Line
Louisville,
Lex.
Change of gauge, Louisv., Ciu.

&

Koadned

rity bonds payable
M-unphis, Tenn.

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

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

54,'62,3, 8!

...............
old liabilities ..............................

For
do

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

do
do
by railroads ...............

1868
1869
1870 to '74
1871
1871
1871 to '73
1851 to '63

1

1,998,000
389,000
136,000
102,000

<fc

reg.

(s.

fd.

3

7

7
7
7
7
7
7
7

J.

Orleans
Consolidated debt ) $650,000 applied yearly )
to interest and priuci- >
do
>
do
do
do
)
pal .................... )
itilroad debt ...................................

1852
1852
1852
1855
1854
1855
1854
1869
1869
1870

...................................

Railroad debt ............... ...................
.

...................................
do
Fonchartrain Railroad .........................
Waterworks loan of 1S69 ......................
Seven per cent funding loan of 1869 ..........
do
do
1870 ..........
Jefferson City (debt assumed) .................
Wharf Improvement bonds ....................

IndiwajmUs. The assessment of taxable prop1874 was $67,301,346; taxes for that year,

erty in

8510,021!, or a levy of $1 35
June 30, 1875, was $1,455,0.'IO.

Total debt
The School Board is
a distinct organization from the city, created by a
separate act of the Legislature; levies It* own tax,
which is collected by the City Treasurer. The city
warrants are discounted when sold. The floating
debt of this character, Jan. 1, 1875, was $200,000,
payable during this } ear.
per $100.

r

Jersey City. The total bonded debt of the city,
April 1, 1875, was stated nt $14.247,500, ns follows:
encral. (8,M8,00; ass.-psmcnt debt, *fi,06>,500;
The sinking fund waswater debt, $1,629,00.
Assessed valuation, including railroad
$525,565.
is $(=8,496,885. on which the tax rate is $3 00
property,
per $100 on $68,490,855, and 1 per cent on rail mad
property assessed at $1 ,000,000. Population by State
census in 1875 was 116,883, against 85,000 by' U. S.
census of 1870. (V. 13, p. 190.)
Louisville. The funded debt, Jan. ), 1874, was
$8.253,5 0; issued during the year 1874, (500,000:
retired by the sinking funds, in all $249,500; total
bonds, Jan. 1, 1875, 88,504,000: railroad loans,
$1.508,000; floating debt, $405.969; total debt of city,
Of the $8,504,000 there is payable out
$10,417,969.
of the sinking fund $3,981,000; payable by special
Assets of the sinking fund arc
tax, $4,5-23,000.
The revenue of the sinking fund in 1874
$3,180,6215.
to the payment of Interest and principal
applicable
or this debt was ?rom licenses, $2ir.844 4ft; from
wharves, $2,371 54 ; from taxes. 825J.5'i; 45; from
interest, $65,829 36; total, $857,612. Population by
conns of 1870 was S00,750, against 68,033 in 1860;
now estimated npou the basis of 7 to a voter makes

6
6
6

A.

A.

& O
& O

J.

N. Y.,

6
6
6
6
6

A.
J.

7

<fe

&

F.

&

<fe

J.

Various

6
6

J.
J.

6
7

M.

539,200
232.400
329,000
750,000
349,000
364,500
300,000

J.
J.
J.
J.

&
&
&
&
&
&
&
&

J.
J.
S.

A
&
&

J.

5

7
7
7

8
8

I.

&

M.

8
8
8

<Sc

J.
I.T,

(M.

6&7

&
&
&

J.

6

7
7

7

7

7
7
7

A.

is

Mobile,

J.

Bank

IS74

it

was

do

do
do

6
6
5
8
7-3

of Mobile.

do
do
do

J. N. Y., Merchants' N. Bank.
N. Mobile, Mob. Savings Bank

New

& 19O3

1875,'80,'94,1901
Sept., 1 891
Feb. 1,1880
lJuly 1, 1901 to '3
1881. to '93

1873 to 1902
1873 to 1900
Nov., 1900
July, 1872

June

1,
1,
1,
1,

<fe

$35, 157,ii00 of

Old railroad bonds, $800,000^ due !87fi and 1871
(with interest abunt *400.(rtX>). have been held valid
against the city. Population bv State census, 1875,

1891
1901
1902
1902
'6, '7, '8

1875 to '91
1875 to '86
1885
July, 1899
Nov., 1895
Till 1901
1901
1875 to '93
1878 to '91
April, 1888, to' 91
July 1, 1895
1H79 to '93

1876

&

1892

1892
1892
1892
Jan. 1, 1875
April 1, 1875
1 874 and 1894
1874-'7o and '94
July 15, 1884
Jan. 1, 1899
March 1, 1894
June 1, 1895
1887 to 1897
Dec., 1880

Orleans,

July
If*r

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

& J.
& O.
N.
& 8.
J. & J.
J. & J.
M. & S.
J. & D.
Various!
J. & D.
M.
M.

personal; tax rate, 28tf
provided for allthe bonds.

17, p. 187, 628, 691.)

June, 1901

1888

1883,'84,'88&'92

Jan.
Jan.
Jan.

N. Y., Merchants' N. Bank.
N.
Mobile, City Treasury.

A.

6

The city cannot issue dcbtb.'youd 5
average assessed valne for five years.

$43. 545,000; in

(V.

do
do
do

M. &. N.
Various

40,230.

real, and $16,1(>7,N-3 of
mills.
Kinki g funds are

101,000.

J.
J.
J.
J.

J.

21, p. l(M.)

which

do
do
do

J.
J.
J.

&

(V. 18, p. 526; v. 19, p.
of advertlscm'ts, Sept. 13; V. 19, p. 6i7;

.

Charleston, 8. C.

J.

O.

have been issued illegally, but allowed the coupons
to be received, pro r>it.a, according to the amount
realized by the citv for the bond*. A meeting of
bondholders was held in December, 1874, in New
York, but without results of importance. Assesse'd
valuation. $:,000,rOO. Tax rate, $3 per $100. Pop-

i:s

do

D. Milw. and N. Y.,A.Goettcl.

&
&
&

Memphis, Tenn. The city has been in default for
interest since Jim. 1, 1873, and the amount overdue
Jan. LISTS, was $171,wr>. In 1874 the policy was
adopted of receiving proposals for the sale of past due
coupons, so far as the f unds in hand permitted. The
City Council declared the funding and paving bonds
issued by Mayors Leftwich and Lofland 1867-8-9 to

per cent of

Memphis.
M. Myers & Co.
do

Y., P.

J.

18!0,

do
do

Newark, City Treasury.
do
do
do
do
J.
J. Newark Mech. Nat. Bank,
M.
S.
do
do
do
Various
do

6
6

295,000
702,000

V

N.

N.

1876 to '89
July, 1898

1889

Louisville.

Various
Various

4,042,000
209,000
130,900
348,000
75,000
2.265,000
229,000
113,000
1,392,400

6&

In 1868 the taxation per$IOOwas $1 98:
i77,->;>.->,372.
in 1S73 it was
2 55 for the Eastern District and
2 47 for the Western District.

1

do
do

1883

July 1, 1903
1891, '92 & 1903

Oct. 1, 1898

of America.

New York and

1,

181)6 to '97

do
do
do

Bank

887, '89, 90

Fcb.1,'75,

5

45c.
Tbe following fi^tiresgive the assessed property valuation for the pa*t six years.
For 18ii8, go'i,W.>,!>74; for 1869, $6:!,;tsl,091; for 1870, $70,80ti,712;
for 1S71. $76,845,9%; for 1872, $77,156,642; for 1873,

page

J.
J.

N. Y.,

1882
1883

April,
April,
1

March

of America,

7

396,000
1,890,000
500,000
400,000
2,500,000
3,030,000

3,000,000

Bank

of America.

do
do
do

A,

J.

6

392,849
242,000
429,000
1,171,000
186,588

Jan., '98 to 1900
July, 1889
July 1, 1879, & '89
Various.
Various.

do

Bank

1896

1,

Various.

Louisville.

D.

7
7

300,000

Various.

July

do

Bank

do

O.

350,tl()0

899,000
2,409,000
341,000

1875 to '71!
1, 1913
May, 1891
1892 to '94
June 8, 1900

J.
J.

7
7

1,1889, to '90
July 1, 1893
July 1, 1894
July 1, 1894
July 1, is-.p.-,
Jan. 1, 1*99
Oct. 1, 1878

iJan.

July

Various
do
do
Various
Louisville.
& J Louisville, City Treasurer
& D. N. Y., Bank of America,
Various
do
do
Various Louisville and New York.

7

120,000.
Assessed value of property, about $70,Real value, $100,000,0:'0. Rate of taxation
030,000.
for all city purposes in 1875 is Eastern j>istrict,
$2 27 on $100; Western District. $2 S3; State tax,

18'l;

do

6

& J

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

N. Y., Mercantile N.

7

1,508,000

1870

V.

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

N. Y.,

7

do
do
do
do
do

N. Y., Merch. Ex. N. Bank, Jan., 1877 to '95
do
do
1899 to 1913

&-J

Various
M. & S.

'57, '67,'70

ulation -i

do
do
do
do
do

Various
Various
Various

2,K49,r>00

New

N. Y.,

Various
J. & J

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

p. c)

J

& J
J
A. & O
J. &
Varioui
J. & J
J. & J
M. & N
Varion
J. & J
Various
J. & J
Various
J. & J
J. & J

1,000
1,OOO
1,OOO
1,000
1,000
1,000

Sewer and improvement bonds ...............
Aqueduct Board bonds .........................

J

.1

7
7
7
7
7
7

6&

*t

City Treasury.
tf inslow, L'. & Co.

J

7

533,000
500,000
107,000

.

Clinton Hill bonds, coup.

!

600,000
650,000
278,000
81,000
425,000

j

Bonds, various city purposes (8. fund of 1869)
War bonds, tloatiug debt, &c. (s. fund of 1864)
Public school bonds ............................

5 .000

409,000
1,356,000
76,000
201,500

School a ud paving bonds ....................... 1867 to '68
Post bonds ...................................... 1807, '8, '9 500 &c.
1870
Funding loan, gold .............................
1,000
Endorsement Memphis & Little Rock R R .....
1857
1,000
Miltrnnkcc
1861
500 Ac.
Ro-adjustinent bonds ...........................
General city bonds .............................
1871
1,000
Water bonds, coupon ...........................
1872
1,000
do
1872
registered ........................
10,000
1873
Scrip to settle olil railroad loans ...............
Mobile
I860
100 &e.
City debt A, B, C (payable annually till 1891)
1866
lOO&c.l
City debt D, E, F (payable annually till 1886)
Bonds to Mobile & Great Northern Railroad.
1859
1,000
Bonds to Mobile & Al. Grand Trunk RR ......
1870
1,000
Wharf bonds ....................................
1870
1,000
1871
5OO&C.
City funded debt ................................
To Mobile ft North western Railroad ..........
1871
New funding bonds ............................
1875

do

6

&

<fc

J.
J.

Ky.

For Jcftersonvillc Railroad stock .............
Subscription to stock of L. & N. KK ..........

.lail

$145,000
300,000
300,000
300,000
200,000
109,500
100,000

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

1,
1.

The valuation of property in 1875 was
Interest has
$16.563,715: tax rate, lx per cent.
been in default since July, 1873. A settlement u-ith
bondholders was offered by Commissioners in New
York, Sept., 1875, viz.: $MO in 6 per cent bor.d for
$1,000 of the old 8 per cent. The 5 percent bonds
have a lien on city revenue, and exchange for these
.

T

is offered at
per cent of their face in the new 6
peri cents.
Population about 38,000.
(V. SO, p.

302.)

Newark. The bonds in the first line in the table
arc payable out of the sinking fnnd of 1869, which
amounts to $355,575; those in second line out of
sinking fund of 1864, $690,474; public school bonds
out of publ:c school fund, $69,243; Clinton Hill
bonds by sale of property; against local improvement bonds the city holds $2,037,276 of assessments
unpaid &nd a lien on the property. Valuation of
real estate, 1874, (78,574,390; personal, $27,0-19.320;
tax rate for all purposes, 1875, $1 88 per $105. Population in 1870, 105,059.

New

Orleans.

Interest

was

in default

December,

1874, but coupons then due were paid May 15, 1875.
In July it was decided to pay half the fare of
coupons on sp'-cifted issues, on the strength of tha
financial statement then made.
(See V. 21, p. 8fi.)

The total funded debt, July, 1875, was $22.012,030;
floating debt, $1,286,870. The assessed valuation of
property is $08,'J76,44I real e-tate, and $20,322,055
personal. St-Ue tax, 14,V mills; city tax. 2T> mills;
total tax, 39!^. The lease of city wharves July,
1875, is considered by many to be advantageous.
scheme for settling the debt by a bond premium
(lr.-t-i)!^ plan has been started and advocated by
some parties. (V. 21, p. 64, 86, 159, 278.) Population
in 1870, 191,418, against 138,670 in I860.

A

November
nn

<!! be

27,

CITY SECURITIEa

;875.]

will coal'er

DESCRIPTION.

a.

tcreal

xi

favor IM giving Iinmedlato notice of anjr error dUcorcred In tbene Tables.

CITY SECURITIES.

Ill

Subscribe

will confer a great favor by giving Irn-iieitlato notice of

DESCRIPTION.

[November

27, 1875.

any error discovered in those 'bleu.

November

RAILROAD STOCKS AND BONDS.

27, 1875.]

Subscriber* will confer m great favor by giving Immediate notice of

DE8CBIPTION.

Miles

column headings,
on first page of tables.

JFor explanation of

Alabama Central (Selma
.

A

Par

eenillcatc.s

201
12

1

,1
*//,,/((//<
1st mortgageAHiiin.v 4)ity loan

1-J

"M mortgage, sinking fund
Kcuhunii
*<i;nerai

1

Stock

Yalleii

1808
1869

12

132
132
112

mortgago

Pa. .endorsed) ail mort
1st mort., Kast'u Kxtnn., guar. by Pa.

BU

Kunding income bonds, guaranteed
Alexandria A Fredricbsburglft mortgage
Arkansas Central let mortgage, gold
Axlitnbiitii, Ymuviatawn
1'Ms. 1st mortgage

LSI ;i;

2,000,000
2.2:ili,44K)
:i..">4M),O4)4)

ls,7l

:..

51

isiii;

48

1873

500 &c.

1871
1874
1871

1,000

IHIil)

500 Ac.
500 <fec.

<

3d mortgage, inowuc:
AtelilsoH if- \6brtaJcit 1st mortgago
AtcMton, 3'o/Jcfat
t/antu Fe 1st mort., gold
/and grant mortgage, gold (on 3,000,000 acres)

132

^

150
470

Notes.,
7
La nil taaoiiift bonds
Pott Awrittomii' bonds (contingent)
Wicjiifca <te Southwest, (leased) 1st M., golil, guar.
.1 Ututtn. it Rirhmoiiil A ir Line
1st mortgage
A II jMbi >t West 1'iiiiit Stock
A'JnMticcC (.li'cnl Western Stock (total $10,000,004))

460

!

-ad

4114)

I

M

do

do

(Cl. &

4GO

&

do

do

do

MUanHeti Gulf Common stock

A

I.)

&

Norfolk

do

mortgago
do
1st
do
2d

A. 'A

O New York and London
J
8

28,783,04)0

M.
M.

5,355,000
3,568,000
2.060,4)00

Pacific Cumman stock
jPrefenrcd. stuck, Missouri division
ds
do Central division
lstort. (Southern Paciflc),gold (land grant)
?lst (iiort. (At. & Pac.), gold, on 500 acres laud.
mort. (At. & Pac., Mo. Div.), gold ...
lot mort. (Cent. iliv. At. & Pac.), gold.

do

:.

1

in i mient

do

for funding.

.

1

.

1868
1868
1871
1871
1871
1873

land grant.

.

do
Storliug bonds, not mortgages.

do

CeiUnl.ln

information,

1

i

1

default since January, 1872.
President, New

Alii/Kim* <t Chattamoffi.RoaH sold May 3, 1S75,
for $l,3ft-).04X). subject to lien ot receiver's certificates. ^Time for bondholders to accept extended to
Jan. <n. I87H. (V. 20, p. 889, 4;(i, 57U; V. 21, p. S8,
3, 30-', 332.)

Albany
'150 years
'Co.. at 7

Siuyuehanna. This mad is leased for
fcmn 1^70 to Delaware* Hudson :inu!

tfc

(

per cent per annum, on stock and
lessee assu ning the payment on both.

bonds-

AUeglvmy Vallry.'nA* road was embarra-scd In
and compromised with creditors. Abstract of
operations in 1874 in annual report
21 p 37
V. 19, p. 13. 117, IMB, 182.)
1874,

V

Alexandria <t Frtdricfaimra. The Pennsylvania
Railroad holds $512,OnO of the bonds and controls
the road. Loss on operation in Isr ),*.':>. o; I.
JK

C

nlral.

Most of the boivls were -<,M m
of Sd mortgage bon.l-v.ru.

Loa*a, where $600,0n
atoo hypothecated.

iV. 10, p.

A'k'abu'a, Touvi-luwn

Atckuton
September,

<ft

It is

leased and

Annual

report,

v'

Interest was In default
and coupons funded. Grounpaid coupons

Ktbrafka.

1873,

ings, 1874, $!53,ffl)4; net, $82,880;
450,009. A'.mial report V. 20, p.
Atcfiltan, Tniteka. <6

Santa

.FV.

403.

Interest

U

paid on

CO of the 2<1 consol. mor-ga-c bonds, bur on
the balance of taat issue the coupons ace funded to
1,1870. (V. 80,
p. J61 357 515; V. Sl.ji. 63,
1 t> Vf tft&-}
$974!,.

OA

1875
July, 1887

A. 'Jib. N. Y., First Nat. Bank. Oct.

1,000
1,000

458,000
675.OOO
681,000
452,500
990.OOO
963,000

8

j.
J.
J.
J.
J.

s7,si!

8

J.
J.
J.

226,300
8,360,:)0
10,000,000
1,400,000
7,188,500
2,829,000
2,015,500
1,180,000
795.000
509,300

8

J.

10

200 &o
200 &c
1

,000

100 &(
100
100
100
500 &c
500 &<
500 Ac
500 Ac

7
8

6
6
6
8

6
6

4,94)1 >7'_'

7S7.000

g.
g.
g-

3

8*
6

g.

484,04X1

H

Kg.

733,700

213

1,.">4)4),OOO

100
100
IOO

1871
1853

10

450,000
,;;>. i2w

1,000
100

1864

50

713,000

Atlanta tE Richmond Air I.me.V* faulted in 1873,
now in litigation. A decree of sale in foreclosuso was made October. IS75. (V. -.'0, p. 14. 85;
V. 21, p. 14, 85, 3J3, 418, 483.)

.'

and

Atlanta

cent dividends for
of bonds.

Atta

The road hn3 paid 8 per
some years; It has about $200,000

Went Point.

<6

Gnat Waltrn.

tic it

This road was leased

to the Erie for !):) years from May
|s7t, but the
lease did not go into effect.
Shortly after (in
July, 1S74) default was made on its bonds!. The
last annual report, to Oct. 1, 1871. will be found in
V. 19, p. 637. Proceeding- looking to re-organization 'ire in progress, and
considerable nmonnt of
,

i

M'cnriiics has

been dcpo-ited by hohle s-with the

London Committee.
p. 85. 130,

a*,

Atlantic

49!),

&

1,.

1901

(V. 19, p. IS, 142, i;l7; V. ft).
592; V. SI, p. 136, IJi), 230, :J!)3, HI).

Giilf.Gro*- earnings

in 1871

were

eariiin..'s. $JS5,6S<.
The C mpany
$1,031,9(6;
also has $500,000 10 per cent coupon notes outstanding. Annual report in V. 21, p. i75, also p. 4S8.

"A'J. N. Y., First Nat. Bank. Jan. 1, 1877
A J.
do
do
Jan. 1, 1877

A

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

A
A
A
A
A
A
A

A J.
A J
AN
A N
1901
A D
A D
A J
A D
AA
A S
A N
A O
A N
AN
A D

6g.
6g.
6g.
Og.

l,290..-.no

100

i

do
do
do
do
do
do

do
do
do
do
do
do

Lynclibiirg Ollice.
N. Y., First Nat. Bank.

N. Y., Office of Cmnp'ny

do
do
do
do
do
do

1, 1893
1, '84-'90
1, '84-'90
1, '84J-'90
July 1, 1884
Men. 1, 1900
Jan. 1, 1875
July 1, 188O

July
Jan.
Jim.
Jau.

do
do
do
do
do
do

July, 1888
July, 1888

Nov., 1891
Nov., 1891

Nov.
Dec.

June

1,
1,
1,
1,
1,
1,

1001
1883
1885

1883
Dec.
1883
Dec.
do
do
1884
N. Y., Office of Comp'ny Jan.
1875
Portland.
Aug..
London, Or. Trunk Rw. Mar. 15, 1875
Portland.
May 2, 1886
London, Gr. Trunk Rw. Oct. 1, 1884
do
dq
do
do
Sarauuau.

1891
1878
1875
June,

Oct.

Nov.

1,
1,

in his report: "Daring the past two
years the company has rctir d, in round nnmbrrs,
of thepa^t due indebtedness of the dlvl$550.(XX1
fions; besides it has made a net expenditure of
ahout J140.000 on pro]XTty account in n,e past y<-r
while it has not increased its own indebtedness, and
for these disbtirsemeni- Is entitled tobere imbnrscd
bv the snip of bonds whenever they can he advantageonsly disposed of. There ore of such bondssubject to the purposes of reC4>u?trnction and equip*
inent. the sum of $l,l(ifi,' 0", face value. In addition
to this, and as against our floating debt as it now
stands, we have in cash $75.Hvl fc, and available
bills $r5.0, besides storehouse supplies $178,84'JMi, and other assets whose ca-h value maybe
safely put at $125,0(10. The financial status given in
this (hi-) report comprehends the payment of onehnlf of the interest due October 1, 1874, in London, and tkcs into account the debt which the
failure to pay the other half will create." (V. 80, p.

dent remarks

380.)

net

At/iiti/if.

nils.

preferred, fJOJ.OOO.

ifc

7
7

"s

:;

operated by Pennsylvania Co. at cost. Net eaniin.-s
paid to lessor, but essce guarantees interest on
)>l mortgage for
five years.
Common stock

* 1,500.030;
20, p. 420.

do

1902

Jan,. 1902
Jau., 19O3
July 1, 1876

"7'g.

53

York.

62.

Co.'s Office.

Sept.,

Nov., 19O2

304i,4X)0
1.-,7,ooo

1868

150

. .

N. Joidau,

.

J
J

do
do

500 Ac
500 &i

"ioo

150
150
150
150

Saratmah Stock

Alfi'iama

No

A
A

Oct. 1, 1876
Jan., 19O2

4lo

M.A N
Sayannalt.
J. A J. N.Y.,M.K.Jesup P.A Co
M. A N.
do
do
M. A N.
do
do

7

302,500

<t St. Lawrence
Stoat, currency
Stock, sterling
Portland city bonds, 1st mort., sinking fund
:!M mortgage, sterling, 5-20 years

<

788,476
2,310,200
464,000

1873
1874

AU**lic

Augusta

AN
A J

do

4,004),4)4)4)

S.-.7

1869

bonds

do

3,693,'JOO

1,000
Var'ns Various

Interest scrip (exchangeable for bonds).
Plain bonds, scrip exchanged
J /aw d debentures

3d

do
do
do
do
London,
do

,748,500

5,474),ooo

1857
1868
1866
1866
1866
1854
1865

328
328
328
293
293
293
35

;

M
I

J.
J.
J.

A
A

1, 1902
1, 194K)
1, 1875

July
N.Y.,M.K.Jesup, P.A Co July
Atlanta, Ga., atTreaa'y. Aug.

J.

4

204>,4K)0

81
81
133
133
133
214
214

it

Income bonds

do
do
do
do

14,1)22, -(HI

1871
1871

81

1st

1st preferred consolidated

do

1903
1882

Boston.

0,921,900

428
428

mortgage
do
ud
do
do
do
do
3il
do
do
do
Virginia*: Tennessee Enlarged mortgage
do
do
4th mortgage
<
do
Registered certificates
do
do
Interest funding bonds

AXlanlic

I*

Boston.

11)411

Sept. 1, 1896
July, 1899
Oct. 1, 1900

753.4)4)4)

Petersburg
do
do

do
South Side

12
7

i

100
100
500 Ac

1901
1804
June 1,1800
July, 1801
1!MH

A Amsterdam.

500

1867

mort

St

12

1806

1,

Oct.,

Pcnn. RR.

Pulla.,

London

N. Y.,Winslow,L.ACo.
PItte&UTgh, Pcnn. Co.
Boston, at Oftlce.
N. Y., c;. Opdykc A Co.

1,232,24)0
24,795,21is
n,87(i,250
2,416,34)0

58
58
428

<t Ohio
Stock, (coui'ii, pref. A: guar.).
consolidated, gold (for !Jiir>,OOO.OOO)
2d mort. to the State (no interest till 1880)

1st

8

b.

& J.
& O.
J. & J.
M. A 8.
J. A J.
A. A O
J. A J.
A. it O.
J. & J
J. A J
M. A N
J. A J
J. & J
J. & J
A.

1,000
1,000

346

Atlantic, 3[ins.

ACo. March

L.

Jan'ary llaiTisbnrg, Treasury.
& O. Philadelphia or Ijondon

j. '&
J.

430,000
475,000

]

*Ouarantcod stock
'Consolidati'4l 1st mortgage
Southern 4iirgla& Florida, 1st mortgage
do
do
2d mortgage

1885
May, 1881

A.

*

12,OOO
4.248,000

bonds

July, IHKH
Nov., 1H95
Oct.,

500 &f
500 &c
500 &c

1871
1871
1871
1872
1873
1873

M.)

do
do
(P. P., P. V. and 8.
A.)
'\V<-tern Intension certifloatescCL, Col., Citt.

&"j. N. Y.. Wluslow,

O.
N.

Julv 1,1875

do
do
do

100
100
100

585

ILcnsed lines rental gold bonds

J.

g.

.4)011

3,383.04)11
475,4X)()
3.050.04D4)

1,OOO
1,000

87
S8S

($12,4K)O,OOO)...
(29,004),4)00)

30

5
7 or 4!

7,011/XK)

.

Pfefi'rred tftock
4<yitl 1st moi'tgage bonds, Ohio Division
thit general mortgage ($18,000.4)00)

do

;

~7

1011,114)0
::,7.,o,(K)4i

271-2 1K72
265 >a 1870

M.

\.

do
do
do

N.

1889

.!;..!.,

Jan., 1889

&
&
&
&

M.

0.OIIII

1

bouds, gold

Juno, 1001

J. '& J. V. Y., H'k of Commerce.
J.
J. N.Y.,I)el.AIInd.4';oi.4 i,

1/JIMI.OOO

Income. bonds

4'onsol.

Third Nat. Bunk.

IIOO.IXMI

I,

1870

I

I.I MM)

J. N. Y.,
J.
J.

ic

Prlncl-

When Due.

'ilocki - 1 JIB!
llividel.il.

"

:i,ll4i7,l>04)

10. (101

A
A
J.

7
6
7
7

,

l',OOO

Koitdt
pal.

Whom.

iiyuhlc

3%

5,000,000
1,000,000

1,000

1870
1871

Where Payable, and by

Tablea.

7

5OO &c.
5O

.

Bonds to State

l,2OO,oo<>

1,000
1,000
1,000

112
.H

8
8
8

100

1

Stock

nixing

2,117:!. ooo

When

tate per
Cent.

$1.600,000
5,220,000

1,000
1,000
1,000

290

uy error discovered In tUe
INTEREST OR DIVIDENDS.

utstanding

....

1860
1872

".'.Mi

uinrt., $9,01)4)

Amount

Value.

1871

81

mnrt

1st
Mi-rid.)
giiar.

1st

Size, or

of

Road. Hondo

gold,
by
M tChull. per mort.,not guaranteedAla
mile,
Receiver's bonds or
liikuiitu

I

Date

of

I

Av., sec notes

xiii

Jfiffiiii/ipi

<C

Ohio.

Of

the

stock

common. $800,000 p-cferred, aud $2;ii,Mi nunotaed; tin? company, itself, holils
of tlie common, all
the pref.-rred,
$3, '41,-. 00
$5,846.700
i

is

>

and

Gross earn$1115,700 of the guaranteed stock.
ings year ending September 30, Is74. $l,825,3i3;
cxpcn-cs. $l.i!'.)7,7C3; net earnings. $7S7.(il9. There
was a decrease of gross revenue by $.;t>8.114 08, or Iti per cent; a decrease of curr. nt
expenses of *18I.P88 74, or 14 per cent, and a
decrease of net revenue of $18f),415 34, <r - I"''
cent.
Of the $15,(HH,Oofl |,, n n eno.igli is held to
retire all l&e old debt. The company funded one
.
ioupoii
1874, but paid siibsi|uent coupons
in part till October, 187.\ when they wt-rc passed.
Fundiag notes for Sl.VMil. line !H;5 and 187',
were issued.
The company, under the management of Gen. Win. Mahone as president, has
a trunk line. The Preei.hold* strong position

AUan'ic
Oct.,

1874),

<* Pacl/tc.

This was a consolidation, ia
& Pacific and So. Paciflc.

of the Atlantic

The land

amounts to some

Errant

l.OOfl.'TO

acres.

was passed Jan.,V4, on tl.e laiul L'nmt bonds,
the 2d mortiage and the interest scrip, but funding
In 1874 the net surprogressed without litigation
plus of A. & P. was JS&!,64.% above interest, rentals,
the report in CiinosicLn. V. 41, p. 9.
Ac., as per
A break In the Company's all irs occurred in October, 1875: the Missouri Pacific lease was snrrendered, and default was made November 1 on bonds.
(\. If, p. 7, 143. 190: V. 19, p. 89J ; V. 0. p. 2iS; V.
Interest

21,

p.,

418, 410,

4M.)

'

Jn

Lairrenct. Leased for P99 yearf,
Atlantic <t
from July, 1853, to Grand Trunk Railway of
Canada. Annual rent, 6 per cent on bond* and
.

stock.

Augufta

<S

Savannah.

pla for $73,000 per

Lesecd to Central of Geor
has $4,000 bonded
;

annum

.RAILROAD STOCKS AND BONDS.

XIV

Subscriber* will confer a great favor by giving Immediate notice of

DESCRIPTION.

[Novemb

r 27,

1875.

n> error discovered In tlie*e 1'ai.lm.

November

RAILROAD STOCKS AND BONDS.

27, 1875.]

xr

Subscriber* will confer a (treat favor by giving Immediate notice of any error discovered In theie Table*.
DEflCRrPTION.

Common Htock
preferred Block
Old preferred stock
1st mortgage bond*

ee notes

Chattel Btortgftge bouda

$50

$1,150,500
1,000,000
2,200,000
230,500

mortgage, gold
Stock
Minn. llondsoii 1st dlv. link, fund
Cellar Falls
Bonds ou 2d division, sinking fund
Cedar RupUla
JfiMettri Common Htock
Preferred Htock, 7 per ceut
Kiisiiiirluliilin

14
01

<('

1st

l.xiil

1806

274
128

Bank, On. Stock
IJcncnilmortgugegoint) bonds ($5,000,000) OH?.
Macon & Western bonds.
lionds for steamships.
Central of Iowa 1st iimrti:ai,'c gold, coupon.
2d mortgage, gold, $4,000 per milo
Central of \'eir Jersey Stock

615

. .

74

137
137
137
1218
712 l-m.vs
50 1864
L38

.

.

1870

.

Land bonds on 11,722,400 acres
<

&

New

do
do

(C.&

A.)

consolidated
1st

<t

A/.

1st mort., convert

Ohio stock
Chesapeake
1 st
mortgage sinking fund gold
1st mort. cxten. (2d on -127 miles) coup, orrogd..
Debentures convertible into 2d mortgage
1st mortgage, (Va. Cent. R. U.,) guaranteed by Va.
3d mortgage,
do.
do.
coupon
laconic mortgage, (Virginia Central K. R.,) coup.
Funded interest, coupon bonds
rnconiu bonds (for funding)
Okeyh ire Stock, preferred
<t:

linnds, not mortgage
Chester \'nllei/l$t mortgage
Chicaf/o <C Alton Common stock

General mortgage, sterling, for $3.000,000
1st mortgage, preferred, sinking fund
1st

mortgage
Income bonds

St.

ou income)
7 per cent, stock
1st mortgage, sinking fund

(a 1st lien

& Chicago,
do
do
Louis Jack. &

Joliet

1st mortgage
1st mort. assum. by C.
2d mort. assum. by C.
do
2d mortgage
Louisiana & Missouri, 1st mortgage
linrlinaton
Chicago,
Quincu Stock
Cli.,

ili

it-

1st mortgage, sinking fund, (trust)
Consolidated mortgage coupon, (for $30,000,000)
to Phila. & Read., Oct., 1872.
stock dividend to be 4 2-3 in 1874-5,
and aftenva d. See terms V. 15, p.
431; also, V. 16, p. 517; V. 18, p. 367; V. 20, p. 38
Cayttga. The Cayusa Lake road wns sold under
second mortgairu, and this Co. organized. (V. 19, n.
in 1875-6

I

,X72

1,000
1,000
1,000

1

ISO!)

1872
1871
1869

427
427

J.
J.

6g.

1,000
1,000

1KOS)

300,000

1,000
1,000

L863
1862

S57

l.ooo

2,383,0(10

500 iVc
100

1 ,087,000
1,500,000
336,000
2,365,000
564,000
188,000
360,000
2,560,000
27,289,400
2,739,000
8,297,000

1,000
1,000

ISliS
I

,x<is

100

profits

i:.9,

1, 1899
1887
1, 1899
Juno 1, lltOO
June 2:<, 1875
June 23, 1875
Sept., 1890

July
Feb.

Oct.

1. 1-7:,

1S95 to '98
1, 1884

July
Jan.

1,

ixx:;

1. 19OO
1895 to 'iW
July 1. 1899
1X99

Oct.
'

Jan.
Jau.

I.

Oct.

1888

1,
1,
1,

July

1892
189O
1890

1890
lx!0
1895
Oct."l',"i901
Dec. 15, 1899

Nov.. 1899

July 1, 1902
Julyl.'77to'92

do
do

do
do
do

Bk.

do
do
do
Boston.

1880
1884
1876
1877
1893
July 15, 1S75

do
,Tulv'l,1877-'80
May, 1372
Philadelphia.
N.Y.,M.K.Jcsnp,P.ACo. Sept." 1, 1875
do
do
Sept. 1, 1875
LondVn.J.S.MorgamtCo. Oct. 1, 1903
Nov., 1877
N.Y.,M.K.Jesup.P.A Co.
do
do
Jan., 1893
do
do
Jan., 1883
N. Y. U. S. Trust Co.
Oct., 1875
Co,
July, 1882
N.Y.,M.K.Jesup,P.A
do
do
April, 1894
do
do
April 1,1X9 I
do
do
July, 1898
do
do
July, 1898
do
do
Aug.. 1900
N. Y., Bk. of Commerce, Sept. 15, 1X75
Jan. 1, 1883
do
do
Boston office.
July 1, 1903
Net earnings go

to lessor.

^^

p. 401.)

After the

Ohio.

cfc

panic,

default

floating debt was
mortgage bonds, and
$2,635,100
$5,988,000 second mortgage bonds were pledged
9 collateral.
The hist annual report was quoted in
V. 20, p. 42 and 28 S. Kccetver appointed Oct.,
1875, and foreclosure proceedings will probably be
hod for the purpose of re-organization. A large
proportion of creditors had assented to the funding
ieiwr.
proposition prior to the appointment of
(See V. tO, p. 183, 184, 357; V. SI, p. 323, 371, 417,

was made on
67,379,879, and

113,4110

4,445,298

The

interest.

first

441.)

$21,376,503
21, p. 253.)

Cheshire.

Net Income.

dends, 4 per year.

(V.

187.V74, $184-295.

Chicago

<t Alt n,

Divi-

18, p. 295.)

Chester Valley, In hands of trustees
to Philadelphia <fc Reading.

The report

and leased

for 1814 Is given at

205, and shows gross earnings of
5.12t>,228, and net earnings of $3.224.876, against
$2,121,286 in 1873. Joliet & Chicago KK. Is loosed for
interest on stock and bonds. St. L., Jack. & Chic.
lent'th in v. 20, p.

*

Louisiana
$-J4i',000 per year.
and operated under contract. (See V.
V. 20, p. !*.) Of new mortgaga made
In 187, $3,4TO,0<H) is to retire old bonds ar.d balance
for steel rails and other improvements. (Y. 18, p.
Railroad leased at

I

I

Mo. RR.
1!)

1

built

p. 4',0;

I

aM); V. 19, p. 16,

W.)

47<j;

V.

20, p.

176,

265, 289, 500;

V

21, p. 155.)

CharWIt, Columbia
JH91.U5.

1890
Nov., 1902

Hatch,

Am. Exch.

N. Y.,

di'sapeake

Jt

AuyuntaOtoti

earnings

187J-3, $752 SIB; net earnings, $27!i,388; interest

debt,

1899

is re-

Central Pacific. Gross earnings in 1874 were $14,531,355 (currency), and net earnings $S,fi8J.3r. Lam!
grant statement, V. SI, p. 136. An abstract of the
annual report for 1874 is iMven in the CHRONICLE.
V. 21, p 25 1 and earnings and expenses later, to
July, 1875, on p. 542. showing ii"t earning" for six
mouths of $1,889,733 in mixed coin and currency.
Regular dividends of 8 per cent a year now to be
declared. A settlement with bondholders of California Pacific has been proposed, by which the Ccntral 1'aciflc guarantees certain
new bonds to a
limited amount. (V. SO, p. 8, 37. 42, 178, 18;'; V. 81,
p.

1ft.

April 15, 1901
Del. 20. 1875

Cherry Valley, Shar. <t Al. Transferred to Delaware & Hudson Car al Company April, 1875. (V. SO,

$3,800.871
855.805
1:5,221

V.

July

1X!C!

188O

(V. 20, p. 427.)

,

|

do
do

operated by Pcnn. Co.

8,210,723
1,127,879

*

417.)

A

N. Y., Flsk

12.607,90i)

.

1,

Oct.,

A

$5,000,000

assumed
expended

Ohio RR. in 18C6
Central Ohio. Leased to Bait.
for 21 years, rent 35 per cent of gross receipts for 5
Pays 6 per cent dividends.
years, and 40 after.

t^iifHtl

A
A

A N.
A J.
A J.
A J.
A J.
A J.
A J.
J. A 'j.
J. A J.
M. A N
M. A 8.
M. A S.
J. A J,
M. A N,
J. A J
A. A O,
Q.-J.
J. A J,
A. A O
A. A O,
J. A J
J. A J
F. A A
M. A H
J. A J
J. A J

4,000,000
43,000

1858
1873

1864

Jan.

J.
Charlotte, N. C.
J. N. Y., Nat. City Bank,
J. N, Y,,M. K. Jesup.P. Co,

M.

"O'K.

2,42r.,.[00

1,000
1,000

1870

150
37
37
150
101
828
460
825

1

1

A. 'A b. Philadelphia, Ponn R.R.
AD. N. Y., Metropolitan Bk.

777,000
500,000
9,937,800

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

1

100O
1901
1, 1875
April 30, 1884
Jan. 2 19O7
Nov. I 1875
Aug.
1878
1891
Aug.
Aug. 1 1894
May, 1910
June, 1873

J.

1,220,331
2,153,300

100
100

1873
1x02

J.
J.

4,758,000
799,000
100,000
902,000
3OO.OOO
160,500

100

J

1882

i

1,

July

do
do
do

do
do
do

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

15,000,01 )0

1874

64

7
7
7
7
7

15,898,401

100 &C

1

J
J,

1,

1838

'

"060,000

500 &c

Feb.

Feb.

U. 8. Trcasnrv.
N. Y., Flsk i Hatch,

J,

A
A
A
A

"7"

71.0OO
371,500
2,100,000

S72
1872

Total

"A

2,578,0110

(V. 19, p. 846; V. 20, p. 60, 264;

Cential Railroad <t Bank, Oa. Leases several
In
roads, and guarantees $1.4DS,5fl:) of bonds.
April, 1875, purchased one-half interest in Western
Railroad of Alabama at foreclosure eale.
Gross
earning* year ending Sept I, 1675, 1:2,8^,536; net,
*1, 199,831. (V. 18, p. 874; V. 20, p. *S9, 335, 38;

U

J.
J.

Lehigh and Wilkcsbarre Coal Co. stock... r,,78H.|:is
Lehiuh and Wilkesbarrc Coal Co. bonds... 4,500,000
Accounts receivable increase, less accounts payable
1,243,066

per mile.

Central of Ifew Jersey. --The annual report for
1874 was given In Vol. 20, p. 261. showing
gross earning,! ot $8,589,6'iO; net, 44,419,029. Of
the consolidated mortgage sufficient will he held
tu pay all the prior issues.
This company also
assume* $-J,3tO,(0 of Lchlgh Coal & Xavfcition
Company's dbt and $330,73 of the Kiiilroucl Car
Trust Company. In five years the gross wtniin'/s
have increased from (4.010,121 to $8,989,681, whu
the net earnings havo risen from $1,3HT,95K to
|4,44B,02W. The change made In five years in the
investments of tlte Company arc
follow* :

_', 735,000
1 ,970,000
0,000,000
1,291,000
500,000
9,430,000

New equipment

Cedar Rapids <t Missouri. Leased to Chicsgo &
Northwestern at $700 of first $1.500 gross earnings
per mile; one-third of the next, $3,000 per mile, and
one-fifth of all above that. (V. 2', p. 182.)

465.)

1,483,00(1

6,080,000

i',6oo

Expenditures nt Jersey City
Port Johnston Co il Station
Station houses, shops, etc

Cedar Falls c Minnesota. Leased to Dubuque &
Sioux City, and sublet to Illinois Central at $1.500
per mile yearly, and a per cent of all earnings over

W;

,500,000

Itailroad

per year.

of /OMKZ. --Decree of sale in foreclosure
made October, 1875. (V. 19. p. Bl, 117, 112, 422. 50!,
V. 20, p. 15, 85, 235, 54; V. 21, p. 83, 31)3, 417,

1

$21,970,503

Caynrja
Sufqwliamia. Leased in perpetuity to
Delaware, Lackawanna & Western. Dividends, 9

21, p, 372,

2.->,883,000

This increase in stock, bonds and liabilities
prc-ieiited by the following increase in assets:

tfi

V.

1,000
l.OOO

1870
1870

Undivided

.

2TO.)

'

54,275,500

Capital stock, increase
Bonded debt, increase
Bonds of "ther companies

Leased

.

New preferred
mid 7

2,50O,OOO,

100

20

US

& A.
& A.

do
do
do

do

411,550

1,000

i',6b"o

610
619
322
2 2O
220
220
38

Preferred stock

2,000,000
5,000,000
2,437,950

i',6oo

mortgage
Khar.

<"in-i-i/ Viittri/

OOO.tMMI

50
50

1868

.Mortgage for $1,000,000

(Jkitrtii'i'x

lO.OOO.OOO

1,000

'V

.

4,770,GMX>

500 &c
200

1869

28
21

8. C.)

l.OOO
1,000
1,000

123
52
152

195
110
85
195

Stock

Auyttsla

3,7O(),OOO

925,000
20,000,000
5,000,000

2,-..sSf..O<MI

1

&

1st mortgage, (C.

ii.

1,000

1SII2

Ili

1

712
158

do
Government lion
Cal. & Oregon, 1st mortgage, gold (gnar by C.P.)
C. P., 1st mort., ou C. <fc O. Br. ($7,200,000 g.)
Sun Francisco O.
A., 1st mortgage ($1,500,000)

Oh'trtotte Columbia.

1867
1874
1875

7

mortgage bonds

.

1X71

.

Ventral Pacific Stock
1st mort.. gold, (sinking fund, $50,OOO per year)
Subordinate lien, California State- aid, gold
Bonds, (formerly convertible into II. S. bonds).
1st mortgage on SunJouiiuin Valley Branch, gol<
U. 8. Loan, (2d lion on certain terms)
Western Pacitic, 1st mortgage, gold
.

tsi'iil

1872
'.17

Central Ohio Common stock
Preferred stock
1st

5OO

2,287,000
L 90,000
3OO.OOO

100

Mortgage bonds
Bonds (convertible Nov., 1875 to 1877)
Consolidated mortgage (for $25,OOO,OOO)
Newark & New York, 1st mortgage
Leuigu *fe Wilkesbarrw Coal (Jo., 1st mort. guar.
do
do
Consul m., coup, guar
.

5 H 2. 000
2,332,000
7,500,000

500 &C
500 &c
1OO

Nov. 16, 1875
Nov. HI, 1875

F.
F.

t

1 ,334,000
0,850,400
709,000
700,000

1,000

1809
1871

231
231

. . .

A N.
Philadelphia.
N,
do
& A.
do
& A.
Philadelphia.
F. A A.
do
J. A D.
New York.
J. & J. New York. 44 Kouth
7
A. & O. N. Y. J. H. Kennedy A Co
7
J. & J.
do
do
1
F
lloston, Treasurer.
do
do
3a >?A A.
F. & A. N. Y., Nat'l Park Hank.
7
F. A A.
do
do
7
M. A N.
do
do
5
I. A D.
Bavannah, G>a.
7
J. A 3. New York A Savannah.
7
A. & O.
Savannah, (Ja.
J. A J.
Nevr York.'otllcc.
do
do
Tf: A. A O.
2*3
New York, at olllce.
r<VA
A A.
do
do
7
M. & N.
do
do
7
do
do
Q.-^J.
7
J. A J.
do
do
M. A N.
Q.-M. N. Y.,Cent. RR. of N.J.
3
J. A I) Bait., at B. A O. olliee.
3
J. A D.
do
do
U
M. A S. Bait., West. Natl. Bank.
Ig. A. A O. N. Y. A San Francisco.
J. A J.
N. Y., Flsk A Hatch.
A J, Sacram'o State Tre:ts.
A J,
I! J. A O. N. Y.. K. Kelly A Co.
6 g. A.
N. V., Ki-ik A. 'Hatch.
6
J. A J,
U. S. Treasury.
J. A J,
N. Y,, Fisk A Hatch.
M.

When Due.

t'iela
Lust
Iiivid.-nil.

M.

7

589,110
198,000

500 <fee
500 &c
100
10O

Where payable, and by

Whom.

3V,

80O,O<X>

5OO&C

29.-I

<

1,OOO
100

\Vlien

i>ci

Ccut.

1,300,000

1872
1870

58
146

Knto

209,8.->0

1,0011

1861
1863
1806

70

mortgage
do
do

Central R. R.

l.OOO
1,000

1872
1871

ill,

Amount

M

100
40

IHT.

>(

Value.

Outstanding

100
65

Now mortgage
'twill/a

par

..

New

(

Size, or

of
toad.

100

&c.,

ttatiwiiam

dtifitifii

INTEREST OK DIVIDENDS.

Mill's

Fur explanation of column headings,
ou nrst page of tables.

Cost

of

road

and

on

equipment,

$5,017,880.

Ctwr',leri.~ Leased to Pitta. Cin.

&

St. Louis,

and

,

]

Chicago, Burlington Jt Qu'incu. Stock was issued
exchange for that of the Burl. Mo. River in Supt..
1875. Gross earnings of the consolidated line for 1871
were $11.645.817; xncneo*. $8.518,518; net emlnp,
$5.131,808. Th C. I). A <i. leae numerous branc>
In

RAILROAD STOCKS AND BONDS.

XVI

[November 27, 1875.

Subscriber* will confer a great favor by giving Immediate notice of any error discovered In these Tables.

DESCRIPTION.

November

27, 1875.J

RAILROAD STOCKS AND BONDS.

Subscriber* will confer a great lavor by giving Immediate notice of

DKSCRIPTION.

ZVll

ny error discovered In these Tabled.

RAILROAD STOCKS AND BONDS.

XV111
r.

will confer

DESCRIPTION.

11

jjroat i.n,.

[November

by giving Immediate- notice of any error discovered

27, 1875.

tlicite ill

Jablen.

November

27, 1875.]

RAILROAD STOCKS AND BONDS.

Subscribers will confer a -rent favor by glvlnz Immediate notice of any error discovered In

DESCRIPTION.

zlz

tbme Table*.

RAILROAD STOCKS AND BONDS.

[November 27, 1875.

Subscriber* will confer a great lavor by giving Immediate notice of any error (Uncovered la theme Tables.
DESCRIPTION.

November

27, 1875.]

RAILROAD STOCKS AND BONDS

Mifcscrlbers will confer a great l..vor

DESCRIPTION.

by glTlng immediate notice

.f

any error discovered

zxi
lu

lime

-table*.

RAILROAD STOCKS AND BONDS.

XX11

Subscriber* will confer a great favor by giving Immediate

DESCRIPTION.

Jate Size, or

For explanation of column headings, &c., see notes
at the head of first page o tables.

of
ioad.

lid

39
357

Uame

Central Stock.
Maine Central interest scrip
1st mortgage, consolidated
Bonds ($1,100,000 loan) A. &. K. KB
Extension bonds, 1870, gold
Maine Central loan for $1,100,000
Leeds & Farmingttm Railroad loan
Androscoggin Ballroad, Bath City loan
Tortlaud & Keuuebee, stock
1st mort., extended
do
do
consolidated mortgage
do
do

357

p.

<t:

100 &c

1872

1!)

1870
1868
1871
1861
1863
IStio

33
26
90
22
100

m

1870
1871
1869
1870

500 &c
1OO

425,000
741,400
217,300
1,166,700
260,000
l.)0,000

1,000,000
1,600,000

300,000
1,500,000
1,386,000
8.105,000
4,440,100
2,450,000
1,050,000
2,500,000
3,000,000
2,004,000

50
50
50

1st mortgage, dollar
1st mortgage, sterling

2d mortgage
3d mortgage
Scioto

100

do

do

do

<

Teunesse loan
1st mortgage, convertible
2d mortgage
Income bonds

1,000

750,000
669,050

1872
1871
1872
1873

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

1,910,000
2,000,000

.'

<
Little llocklst mort.,
2d mortgage
Michigan Central stock

Memphis

1.

131

gr

1st mortgage, convertible, sinking
1st mortgage, convertible

569
284
284
284
103
10

,

fund

Consolidated mortgage (for $10,000,000)
Michigan Central (Air Line mortgage)
Michigan Air Line 1st mort., assumed by M. C.

. .

Equipment bonds
Kalamazoo & South Haven,
.

1869

50
44
94
109
54
54
291

Maryland Delaware 1st mortgage
2d mortgage
Memphis & CVw/esfflH stock

300,000
1,125,000

30

Cincinnati & Baltimore RK., stock
Marquettc, H. A O 1st mort., 1 gr. M. & O., c
1st mort., 1 gr., H. & O., coup
2d mort., land grant, M., H. & O., coup

Sdmort.,

.

39

1st mort., guar
2d mort,, guar
do
Valley, 1st mort., guar
2d mort., guar
do
do
do
do
stock, guar
Detroit & Bay City 1st mortgage, endorsed
do
do
mortgage (not guar M.C.)...
1 a
Jackson, Lansing & Sagiuaw 1st mort
2d mort., conv. g,. "<e
do
=
do
1st mort. (N. of Win.), couv.
f
do Cons. m. on whole line (300m.) J 5 3
LakK Share 1st mortgage
Miehii/an
Midland Pacific 1st mortgage, gold

do

91
94

Grand River

116
116

j~

[

ffortliernlt mortgage
Milwaukee, Lake Shore if Western 1st m., gold.

Mine

236
57
57

120

<t

llilt it Sehui/lbill

..

123
140
33
35

.

Haven stock

Mineral Point

1st mortgage
( IFis.)
1st m., gold.
Mississippi, Onacliita < Ited Rivet
Mississippi & Tennessee 1st mortgage

,

..

IOC

Consolidated bonds
Tennessee State loan
Missouri, Kansas t Texas stock
Preferred stock (for $7,000,000)
1st m., gold, sink, fund, on road and laud (U.P.3.B
1st mortgage, gold (Tebo. & Neosho)
Macon, & Brunswick. This road bein[ in default
sold June 2, 1875, and bought for the State at
The Georgia Legislature declared,
$1,000,01)0.
fraudulent $'iO ,000 of thi endorsed bonds issued in
1870.
(V. 19, p. 3)1, 366, 479; V. SO, p. 4u3. 501, 516,

was

l

6iO, 595, 615.)

Madison

&

Consolidated as Chicago
Porttfage.
& Superior. No bonds could bo negotiated after
the " Potter law." (V. 21, p. 15.
Maine CeatrtU. A conrract for operating was
made with the Eastern, Mass., in June, 1^73. The
Maine Central leases several roads The report of
the year's operations, ending Dc. 31. 1871, snowed:
T/.e total earnings for 1873 were $2.038,ft77.7S; total
for 1874, $2.09i,OS0.55, showing an
increase of
$26,003.77. The operating expenses for 18?3 were
$1,830,501. 41; net earnings for 1873. $737,576.31. The
operating expenses for 1874 were $1,231,681.85; net
earnings for 1871, $312.3!*9.30; an increase for 1874 of
$14,822.%. Receipts f ro n passengers weie $910,881.89; from freight, $1,088,965.41; from all other
The report says that a
sources, $154,683.25.
general stagnation of business materially affected
the road, o that its gross receipts have only
been increased over those of 1873 some $26,000;
but the practice of rigid econoiiy in working the
road has given an increase of net earnings over last
year of $7i, '22.96. During the year the bonded
debt of the company was reduced by the payment
of the
$474,000
City of Bangor Loan
i

Pcnobscot and Kennebec Loan
100
Portland and Keunebec Interest Funded L'n
1,300
Somerset and Keanebec 1st mort., in part. 247,000
Total
$722,4(10
These liabilities were met by the sale of consolidated bon''s, and by notes payable, Increasing iiabilitres only $14,332. Since the date of '.he Treasurer's
report $10.700 of the Somerset and Kennebec bonds
have been paid, which leaves but about $12,000 of
these bonds outstanding. (V. 19, p. 190; Vol. 20, p.

356.)
Mmchester

b!3,

&

Lawrence.

Formerly operated with

1873
1860

1872
1869

i74
1870
1870
1866
1869

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

840,000
706,000
850,000
150,000
5,312,725
1,814,142
1,293,000
1,000,000
600,000
1,300,000
1,000,000
18,738,204
2,179,000

1872
1872
1865
1868
1870
1871
1869
1869
1870
1872
1868
1870
1856
1866

1,000
1,000
1,000
1,000
I'.OOO

50 &c
1,000
50
1,000
1,000

100

182
100

1868
1870

Various N.Y., M.K.Jesup,P.<fcCo. 1887 to 1900
A. & O.
do
do
1889
A. & O.
1879
A. & O.
New York.
Oct., 1890

7

7
7
7

g-

Augusta.

"(i'

& O. Bost., Nat. B'k Com'rce. April 1, 1912
& A.
do
do
1890 to 1*91
&. O.
do
do
Oct., 190O
& J.
do
do
Julv, 1898
I*
& J.
6
Portland.
July, 1901
6
& J. Bost., Nut. B'k Com'rce. July, 1891
& J.
Jlllv'15, 1S7.-1
Augusta, Me.
|8
6
& O.
do
April 1, 1883
& O. Bost., Nat. B'k Com'rce Oct. 1, 1895
6
& D.
do
do
June 15, 1876
& N, Belfast and Boston. May 15, 1890
& N. Manchester and Boston Nov. 1, 1875
& O.
Oct., 1911
7
& J. Boston, Bost. Nat. Bank July 1, l8!t
& A. N. Y., Window, L. & Co Aug. 1, 1895
7g.
""s.
3s. M. &
Sppt.,1866
3 8. M. &
Sept., 1866
F. & A Bait., R. Garret & Sons
7
Aug. 1, 1891
A
London.
Aug. 1, 1891
7gM. * N Bait., R. Garret & Sons, May 1, 1896
do
do
3. & J
July 1, 1890
do
do
1896
do
do
7
M.'& N
May
4
do
do
J. & J
July, 1875
7
J. & J Bait., Merch. Nat. Bank
Jan., 19OO
do
do
M. & N
8
May 1, 1875
June 1, 1892
8
J. & D N. Y., Company's office
do
do
8
J. & J
July 1, 1891
F. & A
do
do
8
Aug. 1, 1892
do
do
10
M. & 8
Sept, 1, 1903
6
M. & N Bost., Bk. of Commerce.! Nov. 1, 1885
Dec. 1, 1889
do
do
6
J. & D
peryT J. & D
J. & J
.Y., 3d National Bank.
7
M. & N
Y., B. T. Wilson & Co.
May 1, 1880
Jan. 1, 1885
do
7
J. & J
do
1873 to '78
M. & 8
do
do
10
M. & N
8
May 1, 1890
Y., Swenson, P. & Co.
6

(I

i",'

.

.

New York and

"4s.
8

1,900,000
200,000
600,000

8
8
8
8
8
8
8
213

640,000
70,000
1,000,000
500,000

491,200
424,001
1,906,000
1,317,000
15S.OOC
810.00C
1,958,OOC
880,00(
1,100,00(
18,000 p. n
3,000,001
3,969,60(
320.00C
500,00(
600,00
1,254,50(
409,44
21,405,00

1,000
1,000

7

the Concord Railroad as one line.

10

N.Y., Clark.Dodge

7

1:

Net earnings

(V. 20, p. 569.)
Manfffd, Coldutater & L.H. Leased and opera ted
by Pen'n. Company for nel earnings. (V, 20, p. 426.)
Manffi-ld
fYamingnam.LeaKA to Boston,
Clinton & Fit<-hburg, at 25 per cent of gross earnConsolidation made June, 1875. (V. 20, p. 615.)
ings.
1874-5, $101,117.

&

Marietta, -Pittsburgh

were $40,717.
hands August, 1875.

in 1-74

& Clevelrtnd.~~yet earnings
Defaulted and in receivers

Marietta <t Cincinnati. Gross earnings for the
year 1874 were $2,094,510; expenses, $1,571,S59; net
earning", $523,150 against $432,539 net earnings in
1873. This road forms a part of the through route,
and is operated in close connection with the Baltimore & Ohio Railroad, which has made large ad
vances for recent construction on the "Short Line."
Annual report V. 20, p. 356.
is a conMarqvette, Hour/Man & Ontonagon-.This

& Ontonaeon and HoughOntonagon. Lands amount to 425,001 acres,
timber and m'neral. Stock, $2,306,600.
chiefly
Maryland & Delaware. This line was leased by
the New Jersey Southern, to form part of the
through route. Lately proceedings looking to foreclosure have been started. (V. 2J, p. 242.)
Memphis &. Charleston This roafl was leased to
the Southern Railway Security Co., but in 1874 the
lease was cancelled and Mr. R. T. Wilson, President
of the East Tennessee, Virginia & Georgia, road was
solidation of Marquette

ton

&

elected President of the Memphis & Charleston,
with a new board of directors. No recent report has
been obtainable. (V. 19, p. 424.)

Memphis

&

TAttle Rock.

Interest,

fault since November, 1872.
20, p. 336, 615; V. 21, p. 15.)

Jan.,

1873

<5z

3,220,00

350,00

Boston.

Oct. 1, 1882
& O.
Boston Office.
do
Oct. 1, 1882
& O.
L. & T. Co.
& N. N. Y., Farm.
May 1,1902
do
Jan. 1, 1890
& J.
do
1890
do
do
& N.
do
do
& O.
April 1, 1883
Nov. 1, 189O
do
do
& N.
Nov. 1, 1890
do
& N.
do
do
& J
do
July 1, 1886
do
do
& S.
July 1, 1879|
do
do
& J.
July, 1875
do
& N
do
May 1, 1902
'1902
& N New York and Boston.
& J N. Y., Farm. L. & T. Co July 1, 1885
March 1, 1878
do
& S
do
do
& N,
do
May 1, 1890
& S
do
do
Sept. 1, 1891
1889
& J N. Y.,Winslow, L. &Co
A N. Y., Turner Bros.
Aug., 1899
& D N. Y., Merchants' N. Bk
Dec., 1901
June 1, 1902
& D
& J Philadelphia, P.&R. Co July, 1875
& J Detroit, 1st Nat. Bank Jan. 1, 1890
1890
& J
& O
April 1, 1876
Memphis, Office,
do
& J
Sept. 1,'81 to'93

8

556,000
8,000,000

100

I

Milwaukee

i

$2,500,000
1,100,000
150,000
600,000
3,620,120
496,500
928,300
1,1OO,000
496,500
756,800

1,000

27t>

1 tli
mortgage for $ 4,000,000
* Hooking Valley BB., 1st mortgage
Bait. Short Line, stock, 8 p. c. guar by M. C
1st niort., guar. by M. & C
do
do

nolle,

.

100
100
100

do

2d

do

common

100
860-1

<

Marietta <t Cincinnati Stock,
Stock, 1st preferred

1,000

33

&

Keunebec, 2d mortgage
Belfast <te Moosehead, 1st mortgage
Manchester <t Laicrencs Stock
L. If. 1st mortgage
Mansfield, Coldwater
Mans'tielfi <t .Franuiia/tam 1st mortgage
Cleveland 1st M., $14,000
Marietta, Piltsb.

'870

27, 1875.

of any error discovered In these Tablex.
Bonds PrinciINTEREST OR DIVIDENDS.
pal, when dno,
Amount Rate
When Where Payable, and by Stocks Lout
pelOutstanding
Cent.
Whom.
Dividend.
Payable

70 $500&e
8U9 500 &c
500

<t Brunswick
1st inort., State cudors.
mortgage
Equipment bonds
Haalson <6 rorlynyelst mart., gold

Macon

Somerset

of
Par
onds Value.

[November

has been in de-

(V. 17, p. 380, 649; V.

Michigan Central. The animal report to May 31,
21, p. IO9.) showed gross earnings or.
line and branches of $7,102,286, and net earn-

H75, (V.

main

ings, $2,034,188, or $76 250 less than previous year.
The floating debt June 1, 1875, was $770,015, against
$1,056,452 on the 1st of June, 1874. Lands of J. L.

J.

do

do

& Co

Jan., 1889
Dec., 1900

AS. are 132,000 acres. The J., I/. & S. debt is as
Biimed by Michigan Central, which also pays $~0,000
per year on the stock, one-third of which it owns.
The last dividends on Michigan Central, stock
paid were 5 per cent cash. July, 1872, and 3 scrip.
January, 1873. Interest was passe I OB the Detroit &
Bav City bouds, not guaranteed, Nov., 1375 (V. 19,

p. 143; V. 20, p. 101; V. 21, p. 15.)
Mchtfian Lrte Shore. Defaulted 1873. and in
receiver's hands. (V. 18. p. 218, 501; V. 21, p.. 110.)
Midland Pacific. This was one of the roads represented by Messrs. Turner Bros, in New York, of
which Be'nj. E. Smitji was president. Default in inNo recent
terest was made iu February, 1875.

information obtained.
Ml'wa'ikee & Northern. Thls road defaulted on
interest January, 1875. Circular to bondholders, V.
It is leased to Wisconsin Central and
JO, p. 615.
there is said to be some prospect of resumption.
Milwaukee. Lake Shore & Western. This is one of
In 1873 the net
the defaulting Wisconsin roads.
earnings were $7.000; cost of road and equipment,
(V. 21,
$3.750,000. Receiver appointed Sept., 1875.
p. 277.)

Mine mil dk SchiiylMl Haven. Leased to Philadelphia & Reading, May 186t, for 999 years; 8 per
cent dividends on stock.
Mineral Point. Total receipts 18J3, $128,121; exc.,
penses and interest, $130,614; cost of road,
$1,200,000.

&

Bed Hirer. Land grant
Mlssisxipiii, Ouachita
257 000 acres. Receiver appointed April 17, 1875.
(V. 20, p. 405.)
Net earnings fiscal year
Tennessee
Mississippi
ending Sept. 30. 1874, $224,695.
Missouri, Kansas tt Texas. This road was buildin? under most favorable auspices and showing good
earnings, but succumbed in December, 1*73, and

&

passed interest. A compromise with bondholders
reported as accepted June. 1875. (V. 21. p. 137.)
Receiver was appointed, December, 1874. Land

November

27, 1875.]

IIAILUOAD STOCKS

AND

BOiNDS.

Subscriber* will confer a errat favor by giving Immediate notice of any error

DESCRIPTION.

xviii
<li. .,,,.

i

In

1

1.

.

-

Table*.

RAILROAD STOCKS AND BONDS.

[November 27, 1875.

Subscriber* will confer a great favor by giving Immediate notice of any error discovered In lliene Tables.

DESCRIPTION.

November

27, 1875.]

RAILROAD STOCKS AND BONDS.

Kubicrlbcr* will confer a great favor by giving Immediate notice of any error discovered la

DESCRIPTION.

thee Tab <.

RAILROAD STOCKS AND BONDS.

XXVl

27, 1875.

[Novemler

Subscriber* will confer a sreat favor by giving Immediate notice ol any error discovered In these Tables.
DESCRIPTION.
INTEREST OR DIVIDENDS.
li toDue.
Date Size, or
Amount Rate per When Where Parable, aud by rial, \vhcaLast
ol
ifcr explanation >rt column headings, Ac., see notes
of
Stocks
Par
at the head of Ilrst page of tables.
oad. Bonds Value. Outstanding
Whom.
Dividend.
.

,

i

'

-1st

1'itl*., f'.it'xt. /y.

in.,

1st mortgage. Steul.cnvillc A Ind,, reorgani/.cil.
Col. A Newark Division bonds
PHlKlnu-y, I'l. in/./'"' il Cliirniiu stock, guar
Bpeetal improvement stock, guaranteed
1st mortgage (series A)

do
do
do
do
do
do
do
do
do
do
do

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

1st
lat
1st

1st

2d

2d
3d

Pittsburg, Ft.

'~

2OO
200
117

cons. (for$lO,000,OOO)

2d mortgage

.

f l.OOO

?

('Inn.

construction bonds

Equipment bonds (renewed)
Pltlsli., Vn. rf Charlestonlit uiortgujje, gold
1stmortgage

Pitixb., Wasliitiijtnu d; Unit.

149
140
10

2d mortgage, Baltimore loan
do
Turtle Oreek division
lut
Plymouth, Ron I:. d- Piir..\t ni. (*3.000,OOO)....
L. Midi. 1st moi-t., traf. guar
Port Huron

1.871

New

it-

1st mortgage,
Port/,

Vermont

Div., gold
Ixt mort., s. f. (Portl. loan)

Rochester

d-

if-

Columbia

mortgage, coupon

Ittt

2d mortgage, coupon
Reading it Leli i'jh 1st mortgage
Rensaelaer

SaratoffltStocf
1st mortgage, consolidated (for $2,ooo,OOO).
Stock
Jill i'i an d if- Danelllr.
B! nt<: sinking fund loan
it-

. .

1871

181
142

'i

general niort.. gold (tor $(i,OOO,000)

Piedmont branch,
Northwestern, N.
Klch'il,

C., 1st

tre&erteMmrf

mort.,guar
Bonds, ster

Polouiiie

it-

Richmond

<t:

Stock

Petersburg

218
97
190
190
300
120

Preferred stock
Equipment mortgage, bonds

do

do

.

Preferred stock (cumulative)
1st mortgage (series A) sinking fund...
1st mortgage (series B) sinking fund.
2d mortgage, preferred (series f)
2d mortgage, preferred (series D)
.

!'

?5S,

426.

Ai

1

500 Ac
100 Ai
100
100

500 Ai
1,000

1

1804
1804
1S70

dncimtalr et fit. Lwii*. This com1'\tt>1.irg,
several roads and is itself controlled by
the Pennsylvania Company, which -holds a majority
of the capital stock. Annual report V. 21, p. 1 3.
p.

100
100
1OO Ac
100 Ac

1101

Vermont
IM; V.

491.)

This company
Pitl.itiurg, Fort Wayne d- Chicago.
having previously earned a surplus above 10 per cent
divi luie.ls, was leased July 1861. for 99.1 years, to

A.

1

August
j

,000

.000

500 A
1,OOO

the Pennsylvania Railroad owns $500,000.

g.

7 g.
6 g.
K-

7

5
g.

6
5
6

Pittsburg Washington <6 llaltimore. This was formerly Pittsburg & Connellsville. Interest was in
default to city of Baltimore, which owned a large
amount of the bonds, and a iransfer was made Slav.
1875, ta Baltimore & Ohio RR. for $1.0.X),000. (V.
18. p. M8; V. 19, p. 17; V.
0, p. 291, 546; V. 21, p.

161.)

4

M.

Y;'

I

o

Ptymwfi.
(V. 19, p. 12

K'tnkake.'.

V.

rf-.

In fo-eclosnre.

Prct/it.

30, p. 314, -191;'

V.

21, p. 372.)

Port Hiiro i <t L ik.~ ^IMljan This forms part of
the Chicago Jt Like Huron consolidation, with PenInterest, was iu default Nov.,
iiiBi.lar of MHiignn.
1S73, and coupons funded for three VCKTS. (V. 18, p.
til 8;
V. 30, p. 3')7.)
193 253, 376, 155,

N.

F-JTtlanJ

-t

Ojlen'o'i

g.The

tv.-i.

il

i-I-loii,

were

July,"

Bank Jan.
Bank Aug.

1.

1,

B'k Com'n-c. July 1, 1875
Dcl.AII.CanalCo.
Nov., 1921

Richmond,

1880
1, 1875
1875 to '90

Office.

do

Jan.

N. Y., City Nat. Bank.
do
do

1888

6-70 A. A O. New York or Richmond
o g. J. A J.!
London.
Various;
Richmond, Office.
do
Various

i

i

1875
1875
issi

do
i

7
8
7 g.

5OO.OOO
500,000
1,192,000
1,500,000
5.500,000
2,3OO,OOO
2,408,100
1,106,000
1,100,000
1,400,000
1,400.000
1,700.000
300,030

AD.

J.

A.

A

A

A
A

M.
J.
J.

A
A

A.
31-2*

A
A

Dec.
Jan.

F.

M.
M.
M.

1,
1,

N. Y., Office 12 Wall
do
do
do
do

.1

O
A

N
N

do
do
do

8.

000 of the

May
Sept.

at 8).

1880

1,

Nov.

1.

Aug.,

May

1902

H99

15.

1900

1874
1894

s

"(i,'

189J
1894

do
do
do

n"W bonds

mo

1891
1892
1901

2,' i 875
1. 1--IO

Feb.

July

&
A
A
A
A

A.

1.

July

do
do
do

X.

A

I.
1

10

Sept. 1,

do
do
S.
do
A N.
A A. X. Y., London A Frank
do
A A.
ilo

F.

I
'

1880 to '86
Aug., 1918
July 15, 1875

Boston, Treasurer,

F. 'A 'A.

iM.
|M.
IM.
F.

i

June, 1875

Richmond, Office.
do
O.i
A. Xew York and London
J. N. Y.. Farm. L. AT. Co
do
do
S.
do
do
D.
do
do
J.
do
do
O.

A

F.
J.

1894
1880
(V.

835; V. 20, p.

17, p.

5G8.)

8,

291,

A dividend
Rich>noMl,Fredericksburg
i8"i3.
3>tf per cent on stock was made in November,
earnings, $149,45"; expenses, J260,W; net

(V. 20. p. 491, 358,

if-

earnings, $I79,65'J.

is

operated and

the Berks County

&

lewd

to Philadolphin
Reactyears. (V. 2J, p. 63, 267.)

Leased

May

1,

1871, to
pays in-

Richmond ( DnntUlf. Gross earnings 1873-4,
net, *33s.ti6. This company leases the
Xorth Carolina Railroad and the Piedmont Railroad
and forms a through route with the Atlanta & Rich
mond Air-Line. The I^UIIII. Railroad owned $iiOO,0
uiuiiii f\ll~t4tUK.
1 IIU Penn, JVUl il UHU Vn ucil ^"i/v,>''^J
stock of the Richmond & D:u>v'dle, and took $1,000,-

it

earnings

Pe.ler'xirg.Gto

>r,n

eliding Sept. 30, 1871, 9U?i*tti net, $5 ,067.

Rockford, Ko-lclusu.-e

August

Maud

16, 1875,

<f;

St.

Sold in f.nv

Loma.

for *1,S20,OCO. $5.tX,00() of
2t>. p. Ii3. Wt, S6t, 391 .

the bonds have a priority. (V.
314, 38'!,

5-23,

Mil, bill; V". 21, p. 87,

i

O,'l60.'l8fi,'2J7,'

si:.,

The last report,
Sonus, Waterlown it Ogdensbiu-ti
20 p. 3 1 I , shows gross earnings in 1874 of
in
1,133.863; expenses, $770,856; net earnings, Jaii2,1l.
Againt the bonded debt the company holds $li!7.1s3
The Lake Ontario Shore Road
in sinking funils.

V

1ms been con-olidated with the Rome, Watertown &
r
(V. 19,
O'il< -nsburg, and is in }irou ri-ss to Niagara.
V. SI. p. 442).
p. 16!l; V. 20, p. 8, 163, 31"!
;

Verm

nt
1871, to the
Default
inoilitied "ill Jnly. 1S74.
be cancelled.
made on rental, and le ise will probably
(V. 19, p. 130; V. 20, p. 186; V. 21, p. 183. 190.)

Rutland.

road

Potomac.

Gross

Richmond

LeM'ih.tWf was

t-

N'.Y.,

J.
J.

A

Delaware & Hudson Canal Company, which
terest on bonds and 8 per cent on stock. In 187J-S
the net mrplus to lessee was $301.597. (V. 20, p. 211.
$92', 798;

1,
1,
1,

Mch.

of

Ren*tilatr <t Saratiaa.

1;

1912
1912
1912
1912
1912
1912
1912
1912
1887
1884

J. N. Y., Nat.

N.

&

M.

Reading Railroad.

9<J

1

1,

Jan.

Ohio RR.

Nat.

First Xat.

1'ittsli.,

j. 'A
j.

&

18f5, for

1

'

-1.1IN.700

A CiliimMn.T'Ms

March,

A
A

J.

7

9,000,000
3,147,0 10
709.900
1,200,500
1,000,000'
3,000,000
2,479,700-

controlled by the Philadelphia
Floating debt, $ ,0113, 194.

ing,

1

1

$t,075,63J.

<t

A Co.

1912
1912
1912
1912
1912

1

1898
1909
1882
New York.
July 1, 1901
Xew York.
May 1, 1899
Huston, First Nat. Bank
Jan., 1900
do
do
Nov., 1901
M. A N. New York and Boston.
May, 1891
J. A J Boston, Columbian B'k. July 1, 1887
A. A O.
do
do
Oct. 1, 1887
do
do
Various
Sept, 1, 1891
'.I.
A J.
Boston, Office.
July 1, 1875
M. A N. New York and London. Nov. 1, 1889
J. A J. Bust.. Eastern RR. Co. Jnly 15, 1S73
do
do
Dec. 1, 1892.
J. A D.
J. & J.
Providence, Office.
July 1, 1875
do
do
J. A J.
July 1, 1880
M. A S. X. Y., Union Nat. Bank Mcl'i. 1, 1882
J. A D. Ci.ltimbia, First Xat.B'k
June, 1881

31, 1874, $47,288.

Reading

A

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

21. p. 130, 39S.)

road; sold out, and

I

Philadelphia.

.

7

I,.

do

do

F.

7
6

division in pro"rcss.
p

Reading

N. Y., \Viuslow,

S.
'

i

Chnrlextoi.Ot those bonus

J.

A

Portland, s/.ir,i ,(-, r,-/smwt!i This rodd was leased
Railroad, at a rental equivalent to interest.'sinking fund of debt, and 7 per cent on $!'.*,- Mar,-h 18, 1871, to Eastern Massachusetts Railroad
71 \,1V\ stock, whi h was increased at. that time from fur !)S years at 10 per coiit per annum on stock; V.
$] 1..". K).'U.). The letise was transferred subsequently 21, p. :), 481.
to the Pennsylvania C"inpany. The lessees to keep
P. rt Iloyul.'\'\\a Georgia Railroad giurantecs
the roa-l in repair, and also pay taxes, expenses,
of these bonds; balance in default. (V. 20,
etc.
Pittsburg, Fort Wayne ife Chicago leases the $500.000
and the Lawrence roada; p. SHI, 433; V. SI, p. 7s.)
Newcastle A Beaver Valle'y
which ill turn are leased again by Pennsylvania ComPort*nvtlh, Great Fails A Conwai/. Opened in
New stock of $-1, 101,010 issued to Penupanv.
1873, ami is leased by Euster.i Railroad, Massachuyiviali Railroad for improvements, &c., is umler setts.
of lease; guaranty on old stock no!
rtlc'a Ui
affectel. Net earnings have paid lessees thus far a!
1'iiit'utenee it U'wvwfe'.
Net earnings year endhandsome p oflt. (V. 18, p. 455, 63J; V. 80, p. 425.) ing September 3, 187t, $304,(i.C);
floating debt.
if

D.
O.

j. "A. J. Bait., Bait.
J. Bait., Merch.
J.

Pun sylvania

Pittsbiirg Virginia

S.

O.
N.

6

M.

PorUnnsl it Rochs'er'!b\t is the old York & Cum
berland sold eut in 1865. Net earnings year ending

I

J.

A.

A
A

consolidated March 1875 us one coalpany, and ft
mortgage of *S,ejO,n.X) on whole linn is proposed.

pany leases
>

1.000

1801
1864

.

2d mortgage, income
Equipment mortgage

(V.

1,0011

10

D.

July
July
July
July
July
July
July
July
July
July
July
July
July

do
do
do
do
do
do
do
do
do
do
do

7*'

175',0.)0

100
100 Ac

May,

!-

Jan., 1890
Oct. 5, 1875
Oct. 1, 1875

ilo

J.

500,000
500,000
67,778
124 ,4 -<i)
175,428
29o,500
1,008,000

5(111 Ac.

1870
1870
1872
1809
1870

120
120
112
170
260

gold, E. div
St. Josr-jik d- Dttirrr f'i'ti/l*t_
1st mortgage. Western division, land grant.
Jfnnle Stock.
St. Louis, Allnn it- Tern'
in.

!

:i.~>o,ooo

1,000
1.000

1855
1801
1872
1874

i'20

New Rffuer.il mortgage

|J.

7

O.
N.

A
A
A

M.

7
7

S.

7
8

1, SOO.OOO
7,000,000
1,925,000
4,000,000
Coo.ooa
157,800

100
500

1854
1870
1868

J.

A.

A

A.

1,709,20(1
1,000.0,10

281

if-

7

770,000
480,000
2,000,000
500,000
050,000

1873

'J2

if-

7
7

:

1.500,000
2.500,000

1874

24
22

2d mortgage, coupon and registered
lid mortgage, coupon
1st niort., gold
Rt. Louis
Roe kford, Jtork I.
Rome, Watertown
OgdentburfStoelt
1st sinking fund mort., Wat. & R
General mortgage, sinking fund
2il mortgage
CouHol. mort., convert, till Jnly, '79, coup
Rut/and Stock, common

7

I

700,000
350,000
450.OOO

Dollar loan

do
Coupon bonds of 1881

:

2.:ioo.ooo

100

112
49
29

mortgage

1st

A
A
,M. &
A. A
M. A
J. A
!J. A
F. A
M. A

1900
1913

1,
1.

April

do
do

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

Q.-J.

:j
F.

8OO.OOO
1,124,000

Bonds, guaranteed l>y state
Consolidated mortgage, coupon or registered

New

i
1

1,800,000

1,000

Aug.

Office.

do

M'ntlil.v N. Y. Agent, 57 B'way.
J. A J. Phlla., Pa. RR. (Hlice.
4--J- X. Y., Winslow.L. A Co.
'

400,000
20,000 p. iu

ib'o

is'i

do

I).

5,000,000

100 Ac
52ia 1807-t 5OO Ac,
5212 1870 500 Ac..
52>a 1871 ;,00 Ac.
52
100
111% 1809
1,000
71
100
71 1872 500 &C.
47
100
41 1870
1,000
50
100 Ac.
50 1864
1,000
i'lf

1st mortgage, equal lien
2d
do
(Portland loan) sinking fund
Portland, Sara tt: Pnrtumnulh Stock
Pnrl Roi/ul j.S'. C.) 1st mortgage, convertible, gok
Portsmouth, ill. Fulls it Convoy Stock
1st mortgage, guaranteed by Eastern RR
Proeulr.iire it: Worrrs/er Stock
Mortgage- bonds
KeailiiKj

1809
1870
1871
1871

>(i,OOO

A. Phila., Pa. RK.

4,OOO,0<IO

1,000
1,000
1,000
1OO Ac.
1,000
1.000

1872
1M59

60
02

it-

<>t/tlcinib.~lt niort., E. D., gold
Mortgage (for $3,800,000)

Portland

ii.oi

LOO

1(18
A:

775.000
19,714,285
4,100,OOO
875,000
875,000
875,000
875.OOO
875,000
W75.OOO
SOO.OOO
860,000
860,000
B OO.OOO
800,000
880,000
2.OOO.OOO
100,000
1,000,000
1,000,000

;

100
1871
1802 500 Ac.
1S02 500 AcJ
1802 .-.00 Are.
1802 ,->(M> AC.'
1802 .'.Oil Ac.
1802 -,00 Ac,
1862 500 Ac.
1802 500 Ac.
500 Ac.
1 S02
1802 500 Ac.
1803 500 Ac.
1802 500 Ac.
1802 500 Ac.
1
57
1.000
1874
1,000

468
408
408
408
468
408
408
46H

=,

s

Wayne

A.

1804
468
408

A
A

F.

5.000,000

1,01)11

ixrtl

4(iS
=

$0.222.O<H>

1,000
l.ooo

1873

;

'

Central.

Leased January,

Terms

St. Joseph
forccl..s|ire

.(

A

(i

"/

I 'it;/.

Nov. 4 and

5.

The

roail

1S75 (V.

19,

was sold
p.

in

43, 518;

V.2l,p.40. 418, 4(2.)
The main line
St. Louis, Alton <t Tern Hanle.
Terre Haute to E. St. Lonis \v,.s leased June. 1867.,
for 90 years, to Indianapolis & St. Louis at 30 per
cent of gross earnings up to $i.OuO,000 (bnt in no
year to be less than JI5C.0001. in 1^71 gross earninns were tl,54,13(), against t!,3:S,<>:.2 in 1873. In
on
187-2 the company paid three years' dividends
preferred stock iu the same, increasing sain stock by
The Belleville Branch, and Belleville &
*4,4fle.
Southern Illinois (leased) earned net in 1S74, $359.667.
IV. 18, P. 5*4, 608; V. 29, p. 390, 546, 571; V. i, p,
til.)

November

RAILROAD STOCKS AND BONDS.

27, 1875.]

Subscriber* will coufer a

glvluz Immediate nollcr or any error discovered In Ibese

M-.-.H fltvor IM

DESCRIPTION.

Mill-*
Date
of
Of
For explanation of column headings, &f., sco notes
Hoad. Bonds
at the head of tlrst page ot liildes.

100

1870

Hncr<tmento \'ulley f

Koine if:
mort., Alabama

<

ioi

1SII!)

40

1S70

4O
50

1'uul

1st

1871
ISIil

l.OOO

10

IS71
1.S71

1872

50
50
105
I'd

1871

grant

'2

212

$3,000,000)

if: \o. .1 liilHima
1st mort.. endorsed by Alabama
Sterling mortgage, guaranteed by L. A' N
XoitltnTn of l,o iii/ Island 1st mortgage (8. Side)
.1
2d mortgage S. Side. (1st mortg. s. fund)
Mortgage bonds Southern of L. f

183

fin.

in;
117
87
170
170
251

1st mortgage. ..
($40O,OOO end. by Calitgu V. KK.)..'
Ca/iir liti/iitlx 1st inort. .gold
Southern Minnesota 1st mortgage
(.'entrnl (.V. Y.)
lotr/i if

2d mortgage
Southern J'ne! tie (Cal.)
fiouthem Pennsylvania
Xouthires/ern

1st

mortgage

1st mortgage, gold
Stock, giiai-anl'd 7 per annum.:

((in.}

Company

bonds, convertible into stock at par.
Mnscogee UK, bonds, convertible at S7 1-)..:
1st liiortgage.
Xprin(//iel<t, Athol < jV._i'.
.

hl

l&irling

,

Dcctttur

<f

j/i
ountain (.V.

Illiiuiix.- 1st

3".)~lst

*(-,

The

circular stated:

t:i,-JHO,liH(l.

Thu

for

IHi'l

were

showing an increase overlSTS of >741,14J.

The running expenses do
(V.

camiiiL's

IS, p. :i:,l,

I

'(!,

-ISO;

not exiieeil .V> IM
r.-tit
V. 19, p. 141; V. 2,p. -ill, r,;ii
i

i

A

Xvrthent. Half the s'ork
Sl.Louix, Katwix City
is preferred.
This coiupnnr took posmnlon Fob. ~,
1K71. (iruss earnings iu 187-1, **.4U5,Ultl: net, $6(il,n-,>7.
V. P.P. p. 1!W, S4K; V. SO, p. 473, 571: V. 21, p. 180.)
i

rif. Lfjititi, Lawrenff <{ fitiirer.
Loused to Pacilic
of Mo. Adi-e-i^iou of lunch interest lo bondholder*
of leased roads was rendered by Judge Dillon iu a
suit against the lessee for interest, but that suit was
discontinued, and another brought in name of Trustees.
(V. 19, p. 377; V. SI, p. 8,2.)

;

[

10O
1871

100 &c.
1,000

d; Charleston.

6

j

7
7
6
8
6

!

I

K.
K-

I

I s

'

'

V'

;

j

6

7

g.
g.

(f-

,v>'//A'-".-7(/N.

&

.

&

Indianapolis, by Columbus, Chicngj it
Indiana Central, and Pittsbnrg, Cincinnati
St.
Louis. (V. 18, p. 631.)
,sv I'ri'd <r A/d/ft!.- The bondg are
nearly all held
abroad, and an ag*ea>ent for re-orfanlzatton was
made hy Dutch bondholders Nov., 187.">. (V. 18, p.
3S2. 504; V. 19, p. 4S
V. 20, p. 4-; V. 21, p. 188
Ilauit*

&

les.

liiter,-st In

,(

M>ni]>liu.

:

84S. 142.)

Bt Paul <* H'oux City. This company has a laud
s -ocks are secured bv
'i'li..
(mint of 70-M9B acres,
Hens, them heinL' no bonda Is8iio<l. (V. Ill, p. 191;
V.ao, p. 544, 54.)
nt.enlo ValHi/. Bonds fell due July 1. 1875,
and 5 p. c. notes offered inpayment. (V.21,p. 15.15D.J
This road
one
y, 3tmflftd * Iff work,
i

/,,./,

1872.

Fcbrnary,
t>

lias

on stock.

been offered.
is one of the leased

This

Leased to New York & New Haven
per year. Old stock was exchanged for

Lint.

at $100,1100
In July, 1873.
Slotix City <t l'<tci.flc.~Tills is

one of the United
States CJovernmcnt subsidized roads. For year endIng Juno 30, 1874, gross earnings were i 319'.K19, and
not ewolngs $56,115. Pays 7 p. c. on pref. stock,
O. (V. SO, p. 8.)
$169,800, seml-auuu-illy, A.
Sioux City it SI. P.inl. There are also $485,000 gd
mort. bonds and $160,000 equipment. Net earnings

A

p.

r

Lands, r,29,832 acres.
$8ll,i.
(MT; V. 19, p. 191; V. *>, p. 544.)
>.

(V. 10,

Get. 1, 1902
April, 1891

d..

1880

M. dr Co.
IjOndou, liaring Bros.
N. Y., (iallatin Nat. B'k

J. N. Y., Drexel.

N.
K.

Jan.

Mar.

N.
do
do
N. N.Y.,Onicc 11 Mercer xt
A. N. Y., Veruiilye & Co.

do

8.

AUK.
Mar.

do

N.
O. N. Y., P. M.
j.
J.
1).

&

it

1,

1887

1.
1.
1.

1899
Iss-j

190O

do

N. Y.,C. P. Hnuttngton.

Savannah, Cent. KK.
Maeon.

Mar. iV'inOO
(in

Dee.,

1S75

I*--,;

ls72 to'7(i
iostoii.Klmt Xal.Bauk July 1. '83 lo '93

J.

&

1*92

189O

1-7S to '88
1880

Co.

S.

it

do

Myers

May

it

1.

'j.

New

York.

Is-',

3i.)

Southern Ctntnl.- -Forms an extension Into New
State for Lehigh Valley, which romiiany endor es $400,000 of second mortgage bonds.
South Iowa tt Cedar Rapids. In progress, Ot'aniwa to Cedar Rapids. la.
Knutliii-n .Wi/i<v>/.
A foreclosure was agreed
uimn by mortgage bondholders. Land grant Is a' out
(V. so. p. s. 291, sri; v. 21, p. TS.)
i,7W.eniens.
.-^ni/litrn I'afljic (Pi/.V This road Is in proLTess;
has about '(10 miles built. U is constructed hy the
" Contract & Finance
Company," and controlled by

York

j

were

do

York.

(V. 19, p. 297, 399.)

(V.

'

in 1874

Charleston.

J

it

18, p.

default.

-Defaulted

lines of the Atlantic >fc (Jreat Weftern, on which
"ronlal trust bonds
ucre i-Mied.
The net earnings 1873 were ss-,.^:.i.
Lite' Held lo Ilawleyville, Ct.
xii'liituti.
Opened
in isri.
Net earning in !S, $34.

new

O.
O.

May, 1-CI

1
-'-2 to '88
lss-2 tn '*<

.011.1(111.

Sm/Jitrn of Long Inland. This Is Mirc'-ssorof
South Side, and operated with Flushing \. Shore A
Central under one management.
There arc a'so
$(iO,UOO li p. c. morlg. bonds on Uocknway Branch,
and 1 7.VXH) 7 p. c. on Southern Hempstwd Branch.

This is one of the
Nlnlnnji/un. <f Fuiut /Iu Lttf.
Wisconsin roads in progress In 1873 which went to
plan

New

I

i.

A

.11 'V T//,,

&
A. &
A. &
J. &
J. &
M. &
M. &
M. &
M. &
F. Jc
M. &
M. &
A. ,t
;j. &
iJ. A

J.
J.

South <t North Alabama. This road Is leased an.l
operated bv the Louisville &, Nn-shville. which guarantees the bonds. Preferred stock, $1,500,000. (Y

1!>.

A funding

&

Somerset. This road is leased to Maine Central.
.s>(.'A Carolina.
Oro-s earning* in 1874, Jll.365.operating expenses, $850.515; net earnings.
f 515, 45li (a decrease of $iil, 008 from Is'S.) Annual
report in V. 20, p. 3

Interest in default. Road
(V. 20, p. 45.3.41)1;

H/inntotlii \'<i'J,'ii if. rottxrill,'.
Leased
1-fV;. lo Xmth. t'ent, at 7p.e. on bonds and

n/ioi-e

,

972;

p. 38.)
linlton.
This was formerly the
Tennessee lilrer. Interest in definlt
AlMii.-min
and ro:u to be sold. (V. Ill,
p. 40.)

<(

I

J.

.

Hiifitintgrt

do

!

J.

1

default.

i

1873 to '73

Various
Various

VuUey.lMtuwA to Philadelphia & Headwith 1(1 per cent dividends.
Net earning* vear eiuliu"
Seaboard ok Iiwinokt
March 1, 187.1, *IS1,152. Report V. 41. p 276.
(HntiA Gu(f.T\\K proposed Hue was Sclma to

&

(

J

J.

I

In hanils (.f riM-i-ivcr.
Coupons of Jaiuun-y, 1N74. on Kviiu^rillc. llendersmi
Nashville were paid February, !RT3. (V. 19, p. 17,
!1. 2t*. 48.); V. 21, p. 137, 41M, 44-i.)
SI. Lttuix, Van'tiiiin it: Tri-re /Iiii'tr.- Thr. com.
'J. 878,458,
Thli road IK
clock is
pref. $1,5W,7i(l.
loaned to Terre Haute & Inilianapcili^ at Vi per cent
llomls u'uantiit.-.-d hv Tcrrc
of gross c:iniinL' J
St. Loiii*

om'i cc

& J, N. Y., E. Kelly & Co. July V, "187.1
jlstN. Hk.,samluskv,(). April 1, 1875
J. & J N. Y., I'nion Trust' Co.
July, 1002
M. .V S Chin -lesion, 1st Nut.Bk. Mai cli 1. 1- ;
M. & H,
New York.
Sept. 1, ls'1'.l
J. & J
do
Jan. 1. !-'.i
M. & N N.Y., Laneaster.n.A Co. May 1. l*!io
J. & J.
Philadelphia. Hllcc.
July. 1875
M. A N
May 1, IW75
J. & J N. Y., Imn.'& Trad. Bk.
1880
A. & O, N.Y.,Koddey. Bell .V Co.
.1:01.1. 1890
M. & K, N. Y., H. Clews A- Co. Sept. 1, 1SSU
3. & J,
New York Otllcc.
Jan. 1, 1872
J. & J.
do
do
Jan. 1, 1st;
A. & O.
do
do
Apr. 1, 1KS7
F. & A. Philadelphia, Treasurer.
Aug.. 1875
J. & J,
do
do
July, liiol
J. <t D N. Y. City Nat. Bank.
June, is si
A. & O
do
do
Oct., 1890
A. & O N.Y., N.Bk.ofCoui'rcc. Apr. 1, 1889
A. &. O
Apr. 1, Isiii
J. & J
Jan. 1, ldo-2
J. & J
N. H., Nat. N. II. Bank.
July. 1875
M. k S
do
do
Sept. 1,
J. & J
N. Y., N. Park Bank.
J. & J K. S. Trcas., at maturity Jan. 1,
S98
M. & N N.Y., Mcti-opol. N. B'k.
M. & N
do
do
Nov., 1901

31-2

19. p. 8<i.)

Koine,

Si

7
7
7

Mini/lkl'l

fifJiiut.

N.
N.

M.

ing,

V.

&
&

J.

21, p. IB.)

m

H;U

June, 1891

Savannah cf> Jtoip/ifs. The road was iu progress,
but became embarrassed after the crisis of 1873. and
passed interest. A funding proposition was offered

Muia. Hanoi

<

Opdykc A

Q.-F. Charleston, S.\V.RR.B'k

hands of State Comptroller.

V.

I

1

;

in

Poltxrd, KK)

I.

I

& Ohio system it is leased to the
Central Ohio, and the lease guaranteed by Baltimore
& Ohio. (V. 1. p. 584.)

17, p. 158, 850;

M.
M.

399,000
80O.OOO
41G.OOO
3,650,000
350,000

of the Baltimore

(\

Bk of

(i.

do
do

A.

3,><92,3OO

1865

AfGOMUIA

Jan.

!

625,000

257

murtgage

iSV. L'"/?v. Iron Mountain
Southern. "Net earnings 1873, $134,6 0. Co.-tof road, &c., $1D,108,348.
Consolidation w.is made in 1874 with Cairo & Fulton
ami Cairo, Arkansas & Texas. In March, 1875, the
company issued u faml'mg circular, proposing to
fund tlvee coupons .">ii all bumts except the old llrsts.

a.

1

(100.OOO

1,000
1,000
1,000

1870

48>.j

1.

do

l-:r;

Nov.', 1894
do
Aug., 1902
J. & J.
do
July 1, lh<)7
|J. & J'N. Y., Third Nat. Hank.
Jan. l, ]Mii7
.M. ti N.
do
do
May 1, I-!)March 1
(Hlii-e of Treasurer.
March l. l!
M. & H. N. Y., Manhattan Co.
IS! 1-2
J. & J. N. Y., Ure.xel, M. A Co.
1MC2
J. & I).
do
do
1892

&

F.

5 g. J.

1,500,000
8,340,ooo
l ,252,000
1 1,000.000

...

.

3
7

1,500.000

100 Ac.

1872
1870

21

i 2d mortgage

.lime

i

7

I

916,500
739,000
1,296,500
66,000
301,000
5,355,000
750,000
1,250,000
5OO.OOO

r>7

I

Jnnel,lH!i7

do

450,000

.-.7

niort. gold

8
8

5,810,275
1,483,777

57

.

.

8

7

1,240.000

1868 Various
18(>8
500
1872
1866
"500
ISliS
100
1870
1,000

'2

I

4

500,000

'ib'o
!

8 R.
213

1,628,020

1871

242

7

1,6'2!),OOO

1,000
1,000

IS71

Domestic bonds (I)
Domestic bonds (K)

2d

100
lOO&c.
500 &c,
500 &c,

1SI>5
ISliM

124

mortgage, currency for $'2,100,000
Hummel 1st mortgage, gold
>''>if//i 1'nrotlnfi
Stock
1st mortgage, sterling loan
do
dollar bonds, (D

Southern

500 &c

1800

li'2

1,

.

7

210,000
10,000 p. m.
16,000 p. ID.
838.500
24 l.OOO
8,000,000
869,150
2,000.000
750,000
601,000
7H5,OOO
40O.OOO
20O.OOO
l.OOO.OOO
2OO,OOO

50
5OO.&C

*'.|-2

- >7

1!H

"

1, '278,400

1 .000
l.OOO

28
28
45

mortgage, gold,

7

111,800
500,000
lli.OOO p. m.
576,050

1OO

1st

(for

1870
1869

loo

if:

8

10

5O5,IKM)

1OO

if-

Southern.

sr.:i

50

,{ h'linil (In Lite
1st mortgage
mortgage extension
1st mortgage
AUcyhanif
Shenango
Sheuiiu'u Ylli-ij (Conn.) 1st mortgage
2rt mortgage
Shore- Line (t'onn.) Stock
1st mortgage, construction bonds
Xiottj- fit;/
1st mortgage
I'ttcific
2(1 mortgage (government subsidy)

H.

1
1

.

c

April
1

is*

I

1,087,553
2,3O6,50O

1,000

1st

A

1,

NBtBkof('onrre! July V. 'i*95
do
do
Sept. 1, 1901

M.'&'N. N. Y.,

J.
J.

II

ID

Ion, lino

50O
100 &e
50O

Xheboi/attn

7

15,OOO,OOO
1,576,000

1,000
50
1,000

is id
l

il

000,0.

1O! 1.1)01

1855

ISliS

Tennessee KK
General mortgage for $5,000,000
I'otlsriHr -Stock
SlinmnkiM Yallei/
1st mortgage, gold, oil road and lands

Nf.

7

li.OOII.OOO

101

As

J. N.Y.,

1

Mnv

l

York, fo.'s oniee.

i

Aug.

si

.

8

1,'2IHI,OOO

111!
llli

Mnnfihiit 1st mort., end.
Datloti 1 st mortgage

it-

7

7

a,OOO,(KMI

100

guaranteed by Alabama..
by Ala..

1st mort..

llnlf

Marion

!*

,S!)!I,OOO
.011(1.1,1111

I

12O.OOO
700.000

121
HI

mortgage

2d mortgage

1

Nassau
do

N.Y., Nat

J.lioO.OOO

1S71

by State

New

j''?i

Feb. 15, 1873

,

or Ixiudon.

do
do

'.i.

I**-

21.00O p.m.

SO
so
250
207

KR

H.

l

Dividend.

oniee.

do

J.
J.

J.

7

,250,(HN)

:(.'-'50,OOO

Ac

l.OOO
1,000
l.OOO
l.OOO

Yitllry 8tock
Kiainolu Stock

if

III

10

mortgage

1st mort., end.

Memphis

<t

( 'iti/

5(M)

1H7-2
1SI17

1S71

&

&

Hrhiil/tkill

1

"f

J.

A-

.1.

g.
K.

New York

N.

1.O20.00O

98
I5S
158

,1
\rmirk Stock
i/, Maiisfirlil
1st mort., new
if- Vhtirlrxtnuf.!.
S., guar. by 8. C
C. KK., gnar. by S. far
Funded int. bonds. H.
1st mort. Savannah A: Charleston

.Si'oiu-

1.INIO

:;.

1st

(Vttl.)

Samnniili

2.1

1,000

I. Ill

1-20

Stock..

if-

7

1H74

1st mort, St. Paul A: Pacitlc laud grant
St. 1'n ill if- ,S(.r Uilyl'n-t. stock, various issues.

Xetinti,
Xi'luta,

-.IK in. in in

24,000.000
6.OOO.OOU

do

do

Selmn

l.nilii

Jlo

j

1st

z
7

IsVir.

.

Seaboard

1,5OO,OOO

IIHI

::oo

At

A:

'J.

N.Y.,()llic.. '20

<i.

.'.

I

M.
?

I.lil7.ooo
2,5<MI.O(i

l.OOO
1,000

582

!

./

l,(MKt,()0
II.IIOII.Iiiill

in

\Nhom.

I'.iialilc

1.1MMI
I. INK)

1M7-2

*?"f-''

pal. When Di:e
Kinfl;t i^it

:

I. ill ill

I

ftnrnnniih

.

Value.

1S72
1x71
1M7O

'1'iiblrs.

I

Where Parable, and

Pat-

New York

<;- 1;

A

rNTEREMT OK DIVIDKXDS.

Slzo, or

ego
Jlo

Louis, Iron Mountain :< S'Hillifrn Stock
1st mortgage, coupon
2d mortgage, gold, con pun, may lie registered.
Cons. .M. gold (s. f. after issoj.coiip.. ni-iy lie reg.
Arkansas Branch, 1st mortgage, gold, land grant
Cairo, Ark. & Texas, 1st iiiurl.. gold, coup, or reg.
Cairo & Fulton, 1st mort., gold, on road and land.
SI. J.., Kinima Vilu tt- .V.
Stock ($1 '2.000,000 pref.)
1st mortgage (North Missouri)
Heal estate and railway morl. (for 48,000,000)..
1st mort., gold
Si. Lonitt, Ltnrri'ni-e tl Denrer
1st m., gold, conv. s. fund
SI. Loui* tt- Southeastern
Consolidated mortgage, gold, sinking fund
Evansville, Henderson
Nashville, 1st mort
1st in. s. f. guar.i
HI. Louis, ViiiK/nliii <f- Terre IlitiilfUd inort., sink, f., gnar. ($1,000,000 Con. rtotguar)
Income. iKinds
St. Paul if- Paeijlr
Branch, 1st mort., on lo mi lea..
1st mortgage. St. Paul to Sank Itapids, SO miles.
2d inort. on SO m. and 1st on 1. gr. of 3O7.2OO acrs.
1st mort.. West or main line, land grant
2d mort.. West or main line, land grant
St.

xxv a

!

'

parties heavily interested iu "rentral Pacific. The
stock is $!4.07"l,000. In 187S-4. n 157 miles operated.
the gross earnings wer^|tl.1ft4,T8s .ana net earnings,
V. 18. p. (J31 V. 21. p. 18:1, 23!.)
$6H!l.ll:i.
Southern Pfnnsylrania. This is a mining and railroad company, re-organized iu 1872 aft or foreclosure
under second mortgage. The road Is leased by Ibe
l

:

Cumberland Valley.

ftoiitJiu'futfrn (Itorgia.

Letted to OsntnilGwrgU.

Dividends 8 per cent a year to every in per cent on
Central Georgia stock, but 7 per year ; guaranteed.
Ai ^oo of
Sprtnfiftlel. Athoi A Xorauatltr.i.
year 18eS-4. the deileii account was 4,311, 4!
oatur
IlUnol*.
Consolidation
Sprinafttld,
See V. 21, p. 489.
Sterling J'o'intain. Cost of road and eqalpmeut.
I

D

|.VU,468.'

?tet

earning

&

'.873-3,

15,673.

BAILBOAD STOCKS AND BONDS.

aucvm
Subscriber*

[November

27, 1875.

confer a great favor by giving Immediate notice of any error discovered In these Tables.
Bonds PrinciINTEREST OR DIVIDENDS.
Miles Date Size, or
pal, When Due.
Amount
column headings, &c., see notes of
of
Rate pel When Where Payable, and by Stocks Last
Par
\i ill

DESCRIPTION.
for explanation

of
at the head of first

page of

Road. 3onds

tables.

Stockton & CopneropoliflKt mort. (guar. by C. P.)
Syracuse, H'uij/hamton it N. T. Stock

30
81
81
81
45
20
80
78

1 st

mortgage
2d mortgage
Syracuse Northern.

1st

Summit Branch
Terre Haute

and 2d mortgages

Stock
(/Yt.)
Indianapolis Stock

<

1 st

mortgage
Bonds ot 1873

(for $1 ,600,000)
Texas tC Pacific 1st mortgage, gold.
3d mortgage, consolidated, gold
T'tit/in. Pcoria
Warsaw Stock.
1st preferred
Ud preferred
1st mortgage (W. Div.)

47-13

1 st

mortgage

Hast.

<

1st

mortgage

Wabash < Western Stock
Preferred 7 per cent stock
l st mortgage (Toledo & Illinois)
1 st
mortgage (Lake Erie, \Vabash A St. Louis)
J st mortgage (Great Western of 1859)
1st mortgage (Qumcy & Toledo)
1st mortgage (Illinois & Southern Iowa)
2d mortgage (Toledo A Wabash)
Ud mortgage (Wabash & Western)
'M mortgage (Great Western of 1859)
Equipment bonds (T. & W.)
Oousol. mort.. (on all except St. L. Div.) eonvert'e
2d consolidated mortgage, gold
1st mortgage, (Decatur & East St. Louis)
. .

.

.

.

& Naples] st mortgage
2d

do

do

Lafayette, Bloomington, & Miss. 1st mort
Lafayette, Muncie it Bloomington, 1st mortgage

yrrni

it

Boston

1st

mortgage

2d mortgage
'M mortgage

1,000
I'.OOO

100
100

227
10
24
628

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

1870
1871
1872

75
167

1853
1853

177
29
27
75
167
180
242
525
628
109
43
43
82
37
35

18(i5
18(i5

"ibo

100
1,000
1,000
1,000
1,000
1,000
250 &c.
100 &c.
1,000
100 &c.
1,000
1,000
1,000
1,000
1,000
1,000
1,000

1862
1858
1858
1859
1863
1867
1873
1869
1868
1870
1871
1871

5OO
500
500
500

;

Convertible bondsIron Union 1st mortgage, guaranteed, Troy City.

29

st

&c.
Av.
&c.
&c.

l.OOO
1,000

A

Stockton

Copiwowlie.

Defaulted July. 1874.

and old bonds of $ 1.00:1,000 exchanged

for present.

(V. 21, p. 159, 160, 316.)
Syracuse, liinqhamlnn

A. New York.
Leased to
West., and 6 per cent dividends paid.
Northern. Sold in foreclosure July, 1875,
Syracuse
under a 3d mortgage and bought for R. W. & O". (V-

Dela.,

Lck. &

21, p. 160,

-1411.)

Summit
Lykens

Braflrt. This is a ?oal road, and leases
No.i earnings in 1S73, $237,420.
Valley.

Terre Haute

.6

Annual report in V.
earnings in 1874, $380,0^0, against

Indianapolis.

20, p. 498.
Net
$282,18:! in 1873.

Texas & Pacific. A. history of the company is
given in the annual report in CHRONICLE, V. 21, p.
229. Lund grant bonds had been is-ued, but new
arrangements were made with the construction company. See report. (V. 19, p. 397; V. 20, p. 03; V.

21, p.

229,

Tolelo,

324.)

Peorli

December,
February,

&

Warsaw.

Interest in default
receiver's hands

lg?3.
Passed into
1874.
The Burlington

branch abandoned

November, 1874, and reopened March, 1875. Latest
proposition CHKOSICLE, V. 20, p. 383. (V. 19, p
36~, 604, 640; V. 20, p. Si', 341, 267, 313; V. 21, p. 160,
372 )
To'e'2
Wabash tfe Western. Operations for four
years compared as follows
.

,

:

Gross
earnings.
$5.738,807

M73
1872
J871

6,0)8.978
5,736,666
4,544,641

WO

A later report

Operating
expenses.
$4,4>7,378
4,865,144
3,776,823
3,33li,26.i

Net
earnings.
$1.331,429
I,ul3,834
1,959,833
1,308,376

June

3J, 1374, was in V. 19, p. 480.
Naples and other roads following it
are leased, with an obligation to pny in-

The Hannibal
in the ta'ile
terest on their

to

&

bomK

Fob. 1, '75, default was made ou
interest and a funding proposition offered, which is
yet pending. Mr. J. D. Cox, the President, was appointed receiver Feb. 22, 1875. (V. SO, p. 63 77 14!
1 63, 244, 267, 477, 547; V.
21, p. 16, 64, 180, 259, 33 1, 349
490.)

1867
1872

float'g debt)

7

J.

A.

&
&

June, 1887

& Boston
N.Y.,Farmors'L.& T.Co.
do
do

J.

O.

1875
1876

2,
1,

Oct.

Aug."i6,"i875
July 20, 1875
July, 1879

675,000
225,000
1,300,000

I

6
7
y

lOO&c
lOO&e
500 &c
100 &c

Tucfarton..
From
to Tnckerton, N. J.

New

7

A.
A.

6
8

8g.

M.

April

N. Y., Office of Co.

1,

1910
1901
1002

Nov. "l',' 1873

1, 1910
1, 1875
1896 to 1899

April
Boston, Oct.

New York and

do

do

J.

&

&
&

New York and Boston,
do
& S. Fr. Bk.

Mch. 1, 1894
1887
April, 1896
May 1, 1895

O.
do
O. London, L.

1896, '97, '98
Oct.

7

7
7-3 g.

"4"
8

.

8

1S;3, $7,759.

Gross earnings in 1874 weio $10,Paciflc.
net earnings, $5,907,565. Land sales: to Aug.
acres for *5,176,376; Hnds then nusold,ll,035, 137 acres; land notes on hand, $2,917,830.
At the election in March, 1875. the ticket headed by
Messrs. Dillon and Jay Gould was elected without
The annual report stated Compared
opposition.
with the year previous there has been an inin gross earnings of $293,776 4i-100, a
crease
decrease of expenses cf $390,897 41 100, and an
increase in surplus earnings of $684, 6T3 83 100.
The ratio of expenses to earnings has been decreased
from 43 48-100 per cent to 44 5-100 per cent.
The passenger earnings amounted to $3.<i5i,858 55100 and the freight earnings to $5,664,731 3'MOO.
Upwards of eighty-four miles of new steel and iron
rails have been laid during the past year, and the entire truck, together with the equipment aud depots,
has been maintained in a high order of efficiency.
The suit to recover for Government transportation
was decided by the Court of Claims in favor of this
:

20, p. 547,) includ-

ing the important riding that interest on the Government loan is not payable till the principal is due
in 1896-99.
This suit on appeal is pending in the
U. S. Supreme Court. Abstract of last report, V. 20,
p. 266, and government report to June 30, 1875,
V. 21, p. 467.
The annual report gives no
Divigeneral balance sheet nor income account.
dends at 6 per cent per year were begun in July,
and increased to 8 per cent October. 1875. The
United States Attorney-General has a suit pending
for $1,040,056 against the company as 5
pel cent
.

,

.

.

Oct.

,

Mch.
Mch.

F.

6
6
6

7
7
7

Mch.

M.

5*
7
e*

Unim

V.

A

6g. M. &

jersey Southern Railroad

(see

2,

June, 1,

213

31, 1875, 1,144.833

31, 1875.

May

N. N. Y., Company's Office.
U.S. Treas., at maturity.
Phila. and N. Y. Offices.
M.r& S. Philadelphia, Office.
og.
A. A O.
do
do
6

8*

559,88!) ;

May

do
do
do
do

iU.S. Treas., at maturity.

444,100

Nut earnings

York,

1870

Feb. "l",' 1896'
Dec. 1, 1894
April 1, 1886

Co.'s office,

do
do
do
do

Q.-JJ.

.

1,508,600

1,000

New

A.
D.
O.
N.
D.
O.

A. '& O. Phila., Safe Deposit Co.

eg-

200,000
876,000

500 &c
500 &c

&
A
&
A
&
&

F.
F.

Troy Union. A. short road in Troy city. Bonds
issued by city aud guaranteed by several roads.

.

do
do

A A.
do
do
Aug. 1, 189O
A A.
do
do
An-r. 1, 1890
M. &N.
do
do
May, 1893
M. A N. N. Y., Metropolitan B'k. Nov. 1, 1890
F. & A.
do
do
Aug. 1, 1882
M. & N.
do
do
Nov. 1, 1878
M. & N.
do
do
Nov. 1, 1878
M. & N.
do
do
May 1, 1893
M. & N.
do
do
May, 1883
N. Y., Office of Co.
Feb., 1907
Q.-F.
F. & A.
L. & Co.
Winslow,
Feb., 1893
A.
?* F. & N. N. Y., Office of Co.
Aug., 1889
M. &
do
do
7
Nov.l, 1888
do
do
J. A J.
7
July, 1890
do
do
7g. F. A A.
Aug., 1901
do
do
7 g. F. & A.
Aug., 1901
J. & J. N. Y.,Nat. B'kof Com.
1887
A. A O.
do
do
1885'
M. & S.
do
do
1875
M. &
do
do
1882
7

7

Troy & Boston. With leased roads forms a line
from Troy, N. Y., to North Adams, Mass. In 187374 gross earnings were $530,310; operating expenses,
$283,879. A dividend of 4 per cent paid on stock,
which is $1,599,OJO.

company.

do
do

M.'& N.

"313

600,000
2,700,000
5,000,000
2,700,000

666,000
300,000
300,000
650,000
427,000
680,000
408,000
36,745,000
27,236,112

M.

7
7

1,500,000
3,000,000
3,000,000
1,300,000
500,000
3,000,000
1,500,000
1,500,000

1,000

<

1866-9

A.

500,000
300,000

1,000

1,000

1873
1871
1871
1866
1866

J.

,000,000
1,500,000
2,500,000

"

Btanstead, S. & Chambly bonds
Income and extension bonds (to pay

N.Y..D.L.&W.RR.CO, July

Jan.,

F.

1,769,6130

100

<

'

D.
O.
D.

1893

1

100

1,000
1,000

. .

Canada Stock
Bonds, guaranteed by Vermont Central
Missisi|iK>i Railroad bonds
Ye rmonl Central 1st mortgage, consolidated
13d mortgage, consolidated
Equipment loans

A.

2,49fi,OOO

i",6bo

2OO

I

Vermont

J.

14,256,000
7,650,000
2,400,000
1,600,000
1,600,000
19,000,000
5,300,000
2,000,000
1,846,000
1,800,000
154,000
500,000
1,300,000
1,700,000
866,000
5,000,000
450,000
lOO.OOO
1,000,000

I

. .

&
&
&

Dividend.

F. '& A. Philadelphia

137,236,512

I'.obo

I

fallen (!'.)

I.

A.
J.

3,000,000
1.700.0OO
] ,000,000
1,800,000
1,600,000
1,300,000
1,500,000
250,000
861,000
15,000,000
1,000,000
000,000
2,500,000

500 &c
100

1871

1,038
1,038

mortgage, gold, on road and equipment
1866-9
2d
do
(government subsidy)
3d
do
on road (3d on land), sinking fund 1,038 1874
Land grant bonds on 12.000,000 acres
1867-9
Omaha bridge bonds, sterling, 500,000
1871
Union Pacific, Central Branch 1st mort., gold
100 1866
I'd mortgage (government subsidy)
1OO '66-7-8;
United If. 'J. RR. <(, Canal Companies Stock
....
General mortgage, coupon
1871
United Co.'s mortgage, sinking fund, registered.
1871
do
1871
sterling loan mortgage, sinking fun<
do
do
do
do
do
1871
do
dollar loan, mortgage
1871
do
bond to State of New Jersey
1871
Joint Co.'s mortgage, sterl'g, s. fd. (262,000)
1834-7
do
plain bonds
do
do
do
consol. mort (siuk'g fund after 1880
1862
N. J. RR. & T. Co., 3d loan (now 1st), plain
1868
do
do 3d loan due State of N. J
1808
Utah Central 1st mortgage, gold.
361s 1870
Utica c6 Black River Stock
75
1 st
mortgage bonds of July, 1868
75 1868
Mortgage bonds, 2d issue
1871
J'tim, Ithaca
Elmiralst mortgage, sterling...
65 1875
I

Amsterdam.

J.

17,000p.m.
'ioo

.

Tuekertonlgt mortgage
Un ion Pacific Stock

'

Whom.

&

T.

2.OO0.4OO
1,400,000
270,000
9OO.OOO
2,502,250
1,988,150
8OO.OOO
8OO.OOO
8,000p.m.

50
50
18C9
1873
1872

11613 I860

Toledo,

Hannibal
do

'

I860

Div.) convertible

Consolidated mortgage (for$0,200,000)
1st mortgage (Burlington Div.)
Toletlii, Tiffin

100
1,000
1,000

110% 1864

(E. Div.)

2d mortgage (W.

Payable

Cent.

$5OO,OOO

1873
1856
1867

247
247
247

<

Outstanding

Value.

Feb.

London.

S.

do
& S.
& A.
Philadelphia.
Due 90 days after demand.
F. & A.
London.
F. & A.
Philadelphia Office.
J. & D.
Princeton. N. J.
M. & N. Philadelphia Office.
F. & A. N. Y., B'k of Commerce.
do
A. A O.
do
Salt Lake City.
J. & J.
Utica.
J. & D.
J. & J.
Utica and New York.
do
do
J. & J.
London.
J. & J.
Baltimore.
"&b. Boston, E. Blake & Co.
j. & j. Boston,Nat.Bk.of Redm
j. & j. Boston, Globe Nat. Bk.
M. & N. Boston, Nat. Bk of Redm
do
do
J. & D.
do
do
M. & N.
do
do
J. & J.
do
M. A N.
do

9,
1,
1,
1,
1,
1,

1875
1901
1894
1894
1894
1888
'

1880
1, 1883
1, 1889
Nov. 1, 1889
Aug. 1, 1878
Feb.
Jan,

Overdue.
Jan.

1,

1890

July, 1875
July, 1878
July, 1891
Jan. 1, 1902

June
July
Jan.

1,
1.

1,
1,

1872
1891
1891

1886
1891
1876 to 1889
Jan. 1, 1887
1902

Nov.

of its net earnings. (V. 2?, p. 314, 358, 405, 453. 492,
522, 547, 586, 591; V. 21, p. 64, 105, S45, 302, 372, 487.)

Union Pacific Central Jifanch. This was formerly
the Atchison
Pike's Peak road. Interest in default since November, 1873. No information of litiThe company claims more bonds from
gation.
United States. (V. 17, p. 588, 834; V. 20, p. 8, 314.)

&

TJnitfl
'1

tic

New Jersey

RaUroa<i

Oamdeu & Amboy

&

Canal Companies.

Railroad and branches.

Delaware'* Raritan Canal, aud New.Tersev Railroad
form the United Companies of New Jersey. They
were leased to Pennsylvania Railroad, Oct. 20, 1871,
at 10 per cent on stock and assumption of all lia'bihties. In 1874 the gro.-s earnings were $10,121,488;
operating expenses, $7,0%, 449; net, $2,933,039, leaving a loss to lessees of (31,101 after paying interest and dividends. The loans due in February, and
April 1875, were paid off and bonds of 1871 increased
by $2,390,000, issued in London.
Utah Ventral. Salt Lake to Ogden. In 1872-3
net earnings were $206,358.
Utica
Slick River. Formerly Black River aid
Utica. Gross earnings 1873-4, $485,450; expenses,
dividends disbursed, $100,122.
$*40,865;
Utica, Ithaca & Elmira.ln progress. V. SI, p. 16.
Val ey (Fa.). This road was built chiefly by subscription of Bait. & Ohio RR., Baltimore city, and
Va. counties, but building was stopped for some
time under difficulties, which were settled in Oct..
'75.
(V. 19, p. 640; V. 20, p. 16, 453; V. 31, p. 396.)

&

Canada. Under lease to Vermont
Vermont
Central, and proposed to be sold to same for $3,000,000 in 6 p. c. bonds; but still in litigation (V. 19, p.
V. 20, p. 16, 141, 419, 445, 468, 492; V. 21, p.
40, 504
;

442.)

In 1872 the Company went to
Vermont Centra
default on interest, and has since been in numerous
complications. A new corporation under the name
of Central Vermont has been formed, with $2,000,000
paid-up capital, and assumed obligations of the old
Vermont Central. Foreclosure in progress on 2d
7

.

mortgage. (V. 20, p. 16, 141, 186, 314 368, 492, 547
V, 91, p. 38, 245, 418, 490.)

594, 616;

November

27, 1875.]

Niibxi-rlb -<n will

RAILROAD AND CANAL STOCKS AND BONDS.

confer a great favor

DESCRIPTION.

bjr

giving Immediate notice or

it

117

error discovered to

XXIX

thee Table*.

XXX

CANAL AND MISCELLANEOUS STOCKS AND BONDS.

[Nov. 27, 1873.

Subscriber* will confer a great favor by giving Immediate notice of any error discovered in

INSCRIPTION.

tbeo Table*.