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OF THE
COMMERCIAL AND FINANCIAL CHRONICLE.
PUBLISHED
7
'
.
*
ON
THE
LAST
SATURDAY
OFE A^C H
Furnished Gratis to all
Subscribers of the Chronicle.
MONTH.
[Entered according to act of
Congress, in the year 1878, bv Wm. B. Dana &
Co., in the office of the Librarian of
Congress, Washington, D. C.)
NEW
INVESTORS’
YORK, NOVEMBER 30, 1878.
SUPPLEMENT
OP THE
Crnnmerrifll atilt jJimmrtal CJmmtde.
The
Supplement is issued on the last Saturday of each
month, containing
complete exhibit of the Funded Debt of States and
Cities, and of the Stocks
a
and Bonds of Railroad and other
Companies.
It is furnished without extra
Chronicle;
single copies
.printed for subscribers only.
no
charge to all regular subscribers of The
office, as a sufficient supply is
are sold at the
One number of the Supplement is bound
up
with the Financial Review
(Annual) for 1878.
Transient advertisements are inserted at
twenty-five cents per line; adver¬
tisements by the quarter, six months or
year, at special rates.
^
WILLIAM
B.
DANA
Sc
79 & 81
INVESTMENTS IN
For
CO.,
Publishers.
William street.
NOVEMBER.
Autumn month, the demand for investments
in November was rather active.
The result of the gen¬
eral elections held on the 5th of the
month was
unques¬
tionably wholesome—and this may be said without any
leaning to one political party or the other, but simply as
regards the financial issues involved, and on these it is
well known that neither
party is a unit, for hard money
against it.
ally accepted
But the result of the elections was
gener¬
as a defeat of the greenback and silver
inflationist element, and just so far as the
prospects for a
genuine return to specie payments vras increased, to that
extent the
standing of American investments, whether
the securities of the
general government, or of states,
cities, and corporations,
not be
than sufficient to
pay
likely hereafter
all .their interest, will
to earn less than enough to
pay
the same.” It is also in favor of the
railroads that they
have made their
earnings of the past three years on a
low basis of charges, for if that were not
the case and a
large decline in freight and passenger rates was still to
be looked for, the recent
prosperity of railroads would
be hollow and unsubstantial.
Investors’
Iu the last number of the
Supplement, issued
October 26,
list
was
Many of the bonds in
that
a
given of railroad bonds from which buyers might select
a good purchase
with the assistance of a well-informed
and disinterested broker.
list have since advanced 3
even
an
or
cent more
at
the
or
4
per cent or more, but
interest received on the
higher prices the
purchase prices is quite high enough to attract buyers.
The decision of
Secretary Schurz in the Dudymont
case, affecting the title to Pacific railroad
lands, has
necessarily put a check, not only on the sales of those
lands, but of all railroad and public lands at the West.
This results from the fact that
parties intending to pur¬
chase lands in
any locality will not buy at a much
higher price when there is a possibility that all the
lands of the Pacific railtoads
may be thrown open to
purchase at $1 25 per acre. It is exceedingly desirable
that the question, now
pending on appeal to the
Supreme Court of the United States, should be passed
on at the earliest
day possible.
There is little doing, so far as we
hear, in loans on
materially improved.
western real estate, and choice
investments are lacking
considerably purchasers by reason of the unsettled feeling which has
increased, and prices became so much firmer in London been
produced by the Gaws of Congress and the green¬
that little or no
margin was left for export of bonds to back and silver
agitation. It is worth while suggesting
this country. The home demand for bonds
has been to the loan
agents in western states that they urge upon
good, and enough 4 per cents wTere taken to enable the their clients the
offering of gold mortgages on their real
Treasury to make another call for 85,000,000 five- estate, the bonds
being specifically payable in gold coin.
twenties.
There can be no objection to this
now, as gold is virtually
In state and city bonds there have been no
was
The demand for United States bonds
prominent at par, the farmer receives his loan in gold and
agrees to
bonds, princi¬ repay it in the same coin, and it is well known that wheat
pally Georgia and Alabama issues, have sold at, higher and other
staple farm products must ever be measured
prices than they had previously reached; while Tennessee
by the prices in Liverpool, Bremen, &c., so that the
bonds declined to the lowest
figures yet touched in the ability of the borrower to
pay interest will not decline
present depression which has followed
upon the develop¬ with any inflation of
currency. The issue of gold mort¬
ment of the
repudiation sentiment in .the last-named gage loans at a moderate rate of
interest, say 7 per cent,
state.
is a suggestion
worthy of the consideration of western
By far the most active business in investments has loan brokers. There
has undoubtedly been some
been in railroad bonds, and seldom at this time
money
of year lost in western
mortgage
loans,
the
but
statement of
has there been so much
buying in this class of securities. the Connecticut insurance
companies, which furnished
It appears that there is a
pretty general feeling among the most definite and
precise information which has been
investors and capitalists that railroads have seen their
obtained on the subject,
made, upon the whole, a very
time of greatest
depression, and as we remarked in the good exhibit. The loans should
unquestionably be made
introduction to our tables of the “ Value of Railroad
with great care, and in no case should
money be placed
Securities,” it is assumed “that roads which during the unless the borrower
could,
all
in
probability, carry his
recent unfavorable
years have earned twenty-five per interest for one
year, in case of a failure of crops.
transactions.
*
Some of the southern state
STOCK AND
BOND TABLES.
NOTES.
These tables are expressly Intended to be used In connection with the information
concerning 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. S. Government Securities is
published regularly in the Chronicle 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,” reg. for “ registered,” coup, for coupon.” Br. for
“Branch,” guar, for “guaranteed,”
end. for “ endorsed.”
“
Coupon*” indicates that the bonds are coupon, but may be registered.
Date of Bonds—The date of issue on the face of the bond is referred to in this
column.
Miles of Road.—Opposite Snicks, this means the miles of road
operated, on which the
earnings are based; opposite bonds, the miles covered
Size or Far Value.—These figures are dollars, showing the denominations or
par value. The figures “ IDO, &c.,” signify $100 and larger.
Rate Per Gent.—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. <k July; F. & A., Feb. &
Aug.; M. & S., March & Sept.; A. & O., April & Oct.; M. & N., May & Nov.; J. &
by the mortgage.
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 period when the principal fails due of bonds, but the time
whendhe last dividend was paid on stocks.
STATE
Subscribers will confer
a
great favor by
DESCRIPTION.
Date of
Bonds.
For explanations see notes above.
Size
or
par
Value.
Alabamar— Substitution bonds (A) ($7,000,000).
1876
$100Ac.
SUbstitut’n b’ds for RR. (B) ($596,000)
1876
100 &c.
do
for Ala. & Chatt, (C) ($1,000,00
1876
100 &c.
Educational funded debt
Funded “ obligations ”
1874
Arkansas— Funding bonds of 1869 and 1870.
1869 to ’70
1,000
....
Funding Be nd3 1870 IHolford)
1870
Levee bonds (or warrants)
1871
Old unfunded debt, including interest
1838 to ’39
Ten year b’ds, Act May 29,’74
1874
Secured sinking fund bonds (Act. Dec., 1874)
1875
To Memphis & Little Rock Railroad
1869
To Little Rock & Fort Smith Railroad
1870
To Little Rock, Pine Bluffs & N. Orleans RR.
1870
To Miss., Ouachita 6c Red River Railroad—
1870
To Arkansas Central Railroad
1870
State scrip
1863
1863
California—Soldiers’ relief
State capital bonds
1870 to ’72
Funded debt bonds of 1873
1873
Connecticut—Wax bonds, 20 year—
1863
Coupon
War bonds, 20 year
or
1864
do
not taxable, 20 year
1865
regist’d.
New bonds, coupon, 10-20 year
1877
Dist.of Columbia- Perm’t imp’t, gold, coup
1872
Permanent improvement bonds,'coupon
1873
Fund, b’ds (U.S. guar.,Acts June,’74*fc Feb.,’75)
1874
Market house bonds, coupon
1872
Water stock bonds, coupon
1871 to’73
Wasli. fund’g, gld, ($660,000 M.&N.,due 1902).
1872
Washington ten-year bonds (Bowen)
1869
1828 to ’6S
Other Washington debt, reg. stock
Corporation of Georgetown, registered stock.
1871
Consolidated gold bonds ($300,000 are 7s)
1873
Loan to Jacksonville, Pensacola & Mobile RR.
1870
Georgia— Atlantic & Gulf Railroad bonds
1S5S to’66
Bonds, act of Mar. 12, ’66 (renewal W. & A.)..
Quarterly gold bonds, act of Sept. 15, 1870..
Bonds, act of Jan. 18, ’72
Bonds for funding (Act Feb. 19, ’73)
Bonds to fund coupons on endorsed bonds...
Bonds exchanged for endorsed RR. bonds
Illinois—Refunded stock bonds
Normal
1866
1870
1872
1873
1876
1877
1847
University bonds
100 &c.
•
-
•
•
....
....
1,000
1,000
1,000
1,000
1,000
....
500 &c.
....
500 &c.
1,000
1,000
100 &c.
1,000
500 Ac.
....
50 <fcc.
50 «fcc.
1,000
100 &c.
....
....
.
.
.
.
1.000
1 000
500
500 See.
1,000
1,000
250&C.
1,000
1,000
1,000
1,000
1,000
Thornton loan bonds
War bonds
100 &c.
Indiana—Bonds, short loan
Bonds, short loan
School fund bonds (non-negotiable)
1876
1876
Iowa—War and defense bonds
....
•
•
•
.
1861
1861 to ’69 100 &c.
1861 to ’75 100 &c.
1864 to ’65
1853
500
.....
Kansas—Bonds, 1861 to ’69, funding, &c
Bonds for various State purposes
Military loan
....
Louisiana—Bonds for relief of State Treasury
Bonds in aid of various railroads
Levee bonds—Act 35 of 1865
do
1,000
....
Florida—State bonds
.
Act 115 of 1867
do
special—Act 32 of 1870
Eonds funding coupons
do
to Boeuf & Crocodile Navigation Co...
do
issued to State Penitentiary
1866
1867
1870
1866
1870
1869
SECURITIES.
glviig Immediate notice
1,000
1,000
1,000
500
100 &c,
1,000
1,000
of any error discovered in these
INTEREST.
Amount
Outstanding
Rate.
$6,216,600
When
Payable
536,000
2 &c.
5
J.
J.
515,000
2 &c.
J.
2,810,670
1,000,000
1,886,000
& J.
& J.
& J.
8
J. <fc J.
6
6
7
J.
1,316,000
1,986,773
1,985,955
258,300
375,000
10
6
1,200,000
rr
1,000,000
1,200,000
7
7
7
7
5 &
7
7
6
6
6
95,500
&
J.
New York.
Alabama.—The State gives 30-year
bonds, dated
per cent for 5 years, 3 per
cent for next 5 years, 4 per cent for next 10 years,
and 5 per cent for last 10 years, for old bonds, with¬
out any allowance for past-due coupons.
Ala. &
Chat, endorsed bonds are exchanged (for $1,000,000
of the new bonds, class C, which bear 2 per cent
for five
years and 4 per cent for remaining 25 years).
For railroad endorsements
the
bonds
issued
bear 5 per cent. An analysis of the debt and fund¬
ing operations is in V. 24, p 28. There were
$3,705,CO.) of railroad obligations unprovided for in
“adjustment.” The value of all taxable property
is about $160,000,000;
tax rate, 7 mills.
The as¬
sessed valuation of real estate in 1876 was $86,874,212.
(V. 23, p. 39, 40, 397, 622; V. 24, p. 28, 420; V.
27, p. 91.)
Arkansas.—The State Supreme Court has decided
the
Montgomery.
July 1,1884
N. Y., Union Trust Co.
do
1899
1900
1900
do
1884
J.
A.
A.
A.
A.
A.
&
&
&
&
&
&
J. New York, Latham, A. & Co.
0.
N. Y., Union Trust Co.
O.
do
do
O.
do
do
0.
0.
g.
J.
J.
Levee bonds of 18b9 and 1870 invalid.
Rate of tax¬
do
1900
do
do
April, 1900
<•
'
against $595,073,177 in 1876.
per $100.
Tax rate for 1876-7,
Connecticut.—The debt of
Connecticut was all
created originally for war purposes. Assessed value
of real ana personal property,
1877, $344,406,977;
rate of taxation,
mills. (V. 24, p. 38'. )
District of Columbia.—The total assessed value
of taxable real estate in 1877 was
$97,609,890; per¬
sonal property, $21,COO,000. The interest on the 3-65
bonds is provided for by
Congress. See law of 1878,
V. 26, p. 599. (V. 22, p. 181; V.
23, p. 542; V. 24, p.
39; V. 26, p. 599; V. 27, p. 303.)
sinking fund of $130,700,and J.
P. and M. loan, the total debt is
$1,284,100, which
does not include $132,000 bonds of
1857, held by
Indian Trust Fund. Coupons of the consol, bonds
are receivable for taxes.
Real and personal prop¬
erty assessed in ’77 at $30.S98,247; tax rate, 9 milk?.
The Jacksonville Pensacola & Mobile RR. loan is
in litigation, and the State Supreme
Court has de¬
cided that the State is not bound for it.
(V. 23, p,
ation, 10 mills. The State is in default for interest,
except on the ten per cents of la74 and secured
sinking fund bonds, issued under the law of Decem¬ 576; V. 25, p. 212.)
ber, 1874. Assessed valuation of taxable property,
Georgia.—The constitutional amendment in 1877
$91,095,243. (V. 23, p. 174; V. 24, p. 88, 420, 466, 564; declared void several issues of bonds and railroad
V. 25, p. 161; V. 27, p. 15, 40.)
endorsements.
The So. Ga. & Florida RR. has
California.—The State holds in trust for School $464,000 of bonds
endorsed, but the Company pajrs
and University funds the $500,000 Capitol bonds interest and the
road is estimated to be
nearly worth
and $2,063,000 of bonds 1873.
Total valuation of the bonds. The total State debt is
$10,908,500. As¬
property, 1876 and 1877, was as follows; Real estate, sessed value of property in
1877 was as follows:
$418,840,023 in 1877, against $454,990,351 in 1876; Lands, $88,8S3,514; city and town
property, $51,269,personal property, $199,243,292 in 1877, against 736; totai, including
personal, $235,659,539, against
$139,247,695 in 1876—total, $618,083,315 in 1877, $245,853,750 in 1876 and
$261,755,884 in 1875; rate of
1900
1900
do
8
g.
*1899*
-
1883
1885
1893
Jan. 1, 1883
Jan. 1, 1884
Oct. 1, 1885
Mayl, 1897
July 1, 1891
July 1, 1891
Aug. 1, 1924
July 26,1892
ct. 1,1901 to ’C
1892 & 1902
Jan. 1, 1879
At pleasure.
1879-’84
Jan. T, 1903
1881 and 1886
May, 1886
Oct., 1890
July, 1892
ipril 1,1879 to ’8
July 1, 1896
Jan. 1, 1889
Various
Jan., 1880
Jan., 1880
Jan., 1880
1,1879
April 1, 1879
Dec.
July
“l,*
1881
1883 to’84
1878 to’99
1884 to ’99
'
73^ cents
Florida.—Less the
Due.
July 1, 1906
July 1, 1906
July 1,1906
& J.
Sacramento, Treasury.
& J.
do
do
do
do
g. J. & J.
J. & J.
Hartford, Treasury.
J. & J.
do
do
6
A. & O.
do
do
5
1,031,000
M. & N.
do
do
6 g- J. & J. N. Y., First National Bank.
4,000,000
7
670,000
J. & J.
do
do
13,743,250
3*65
F. <fc A.
U. 8. Treasury.
7
J. & J.
150,000
Washington, D. C.
431,000
7
J. & J.
do
6 g. J. & J. New York and
1,810,000
Washington.
279,000
6
J. & J.
Washington, D. C.'
786,100 5, 6, 7 3 Various
do
6
251,500
do
Q.-J.
350,000
7
N. Y., Importers’ & Tr. B’k.
923,100 7 & 6 g. J. & J.
do
do
4,000,000
8 g. J. & J.
800,000
6
F. & A. N. Y., Fourth National B’k.
3,600,000
7
J. & J.
do
do
2,097,000
7 g.
do
do
Q.—J.
7
307,500
J. & J.
do
do
800,000
8
A. & 0.
do
do
7
542,000
J. & J.
do
do
2,298,000
6"
J. & J.
do
do
6
224,000
J. & J. N. Y., Am. Exchange Bank.
6
23,000
J. & J.
do
do
6
86,000
M. & 8.
do
do
6
142,300
J. & J.
do
do
6
200,000
J. & D.
New York.
6
510,000
A. & O.
do
6
3,904,783
Various
7
300^00
J. & J. New York, Kountze Bros.
6
101,175
July. N. Y., Am. Exch. Nat, Bk.
7
739,000
J. & J.
do
do
289,000
7
J. & J.
do
do
6
63,500
J. & J. $15,000 1
284,000
6
Various 119,000
57,000
8
Various
Amounts
not
6
112,000
M. & N.
fundable, per
49,000
8
M. & S.
report of Jan. 1
6
49,500
J. & J.
1, 1878. '
80,000
8
J. & J.
80,000
12,000
7
M. & S.
J
500,000
2,801,000
877,000
1.318,500
1,741,100
Principal—When
do
do
4
J. & J.
4
600,000
1,350,000
1,353,120
Where Payable and by
Whom.,
•
July 1, 1876, bearing 2
Tables.
July, 1893
1872 to 1906
1886
May 1, 1907
1,1875
March
1886 & ’88
Jan. 1, 1890
March 1,1909
tax in 1877, five mills.
Governor’s Message, V. 24,
p. 89. (V. 24, p. 89, 152; V. 25, p. 11*8, 162.)
Illinois.—There is also a small amount of interest
bonds, inscribed stock, yet out. which will scon be
redeemer!. The State also redeems, Jan. 1, 1879,'
about $£0,000 refuLded st ick bonds and $55,0(0
Thornton loan.
The Ill. Cent. RR. charter tax on
earnings is about $300,000.
For 1877 the total as¬
equalized by local assessors was:
Lands, $491,704,984; town and city lots, $208,521,067:
total, $892,412,315; total as equalized by State assess¬
ors, $931,199,308.
State tax in 1876, 2’8 mills. (V.
24, p. 40.)
Indiana.—There are also $139,000 of 6 per cent
war loan bonds.
There has been some question as
to the State’s obligation to pay the Wabash & Erie
Canal debt. Valuation, 1877, of all taxable prop¬
erty, $855,190,125. against $864,720,440 in 1876 and
$897,739,783 in 1875. Tax rate, 1*3 mills. A law
permitting towns to issue bonds was passed m 1875.
A similar law was passed for counties. (V. 19, p.
493, 526; V. 21, p. 85; V. 22, p. 104, 209, 615.)
sessed value
as
Kansas— Kansas has but a small State debt, but
the issues of municipal bonds have been large.
The
valuation of
real and
personal property
in 1877 was $136,019,113,
against $132,144,580 in
1876.
Tax rate, 5% mills for State purposes.
State funds hold $610,925 of the bonds. (V. 24, p.40.)
Louisiana.—The funding bill passed JaD. 24, 1874,
scaled the debt down to 60 per cent of the face value.
Funding
was resumed May, ’77, subject to Supreme
Court decision. (SeeV. 24, p. 519). New bonds were
November
STATE
80, 1878.]
Subscribers will confer
a
V
great favor by giving Immediate notice ot any error discovered
in these Tables.
DESCRIPTION.
For explanation see notes on first page
SECURITIES
Date of
Bonds.
Size
of tables.
Value.
INTEREST.
Amount
or
par
outstanding.
Louisiana—( Continued)—
Bonds to fund floating debt of State.
do
to Mississippi & Mexican Gulf Canal.,
1870
$1,000
1869
1,000
do
to Northern Louisiana A Texas RR. Co.
1869
1,000
do
school & seminary, held by St. Treas.
1857
1,000
do
to N. Orleans, Mobile & Chatt. RR
1870
1,000
do
to N. Orleans, Mobile A Texas RR..
1871
1,000
1869
1,000
Consolidated funded bonds
1874
100 Ac.
Bonds for N. O. A Pacific RR. ($2,000,000)....
1878
Maine—War loan bonds.
1863
500 Ac.
] Coup.
‘Bounty loan bonds
I
or
1863
1,000
do
do
1864
500 Ac.
[ regisMunicipal -war debt assumed—...-J tered.
1868
100 Ac.
Maryland—Baltimore & Ohio Railroad, sterling
1838
Chesapeake A Ohio Canal, sterling
1838
Railroads and canals
Various.
Eastern Shore Railroad
1839
Baltimore A Susquehanna Railroad—
1837
Chesapeake & Ohio Canal
;
1870
Baltimore & Susquehanna Railroad
1839
Annapolis & Elkridge Railroad.
1839
Defense Boimty Loan
1868
Deaf and Dumb Asylum Loan
1870 & ’74
Maryland Hospital Loan, 10-15 years
1872 A ’76 100 Ac.
Maryland State Loan
1872
Treasury relief loan, 10-15 years
1878
Massachusetts—Back Bay Lands Loan
1861 to ’62
500
Coast Defense Loan
1863
1,000
Rate.
$6,000
260,000
10,000
48,000
70,000
2,500,000
875,000
11,624,500
(0
385,000
307,000
2,330,000
2,826,900
2,010,000
2,502,555
155,615
....
When
Payable
6
M. A N.
7-30 M. A S.
a
A & O
6 '
Various
8
J. & J.
A. A O.
8
8
7
•
J.
6
6
6
••
Bounty Fund Loan
Fund Loan
Bounty
do
1863
•
1,000
4,379,500
4,000,744
999,944
554,180
966,500
.
Sainte Marie Canal bonds
Minnesota—State BuildingLoan
State Building loan, coupon
Railroad Bonds (not recognized;
Missouri—State bonds
Consolidated bonds.'
1859
1,000
1,000
1,000
1869
1,000
1873
1858
1865 to *66
1868 *
University and Lunatic Asylum bonds....
State Bank stock refunding.
1872
1874
1854 to ’58
1857 to ’59
Bonds
Bonds
Bonds
Bonds
to North Missouri Railroad
to Cairo A Fulton Railroad
to Platte County Railroad
to Iron Mountain Railroad
Pacific Railroad of Missouri
.
1854 to ’59
1853 to ’59
loan
1872
1873
New Jersey—War loan bonds, tax free
Canal
debt,
<
stitution, and Art. 7, Sec. 12.
mus to
compel him is decided in hits favor. The
m 1877 was
$138,164,847;
assessed value of real estate
personal, $36,468,835. The gross revenue in 1877 was
$2,606,351, and expenses. $2,719,412. State tax rate,
14# mills. (V. 2d, p. 315, 342, 463, 470, 523, 625: V.
27, p. 41,122, 200, 803.)
Maine.—The sinking funds ($911,436), January,
1878, reduce the total debt to a net amount of
$4,962,464.
Valuation of total taxables in 1875,
$255,000,000; tax rate in 1877, 3 mills. For 1878,
treasurer advises 3% mills.
Maryland.—The assessed valuation of property in
1877 was $478,468,028; in 1876, $464,425,790, on
which the rate of taxation is 18% cents per $100;
receipts from railroad, canal and other stocks
owned by the State was $190,756 in 1877. The
State has largely assisted canals and railroads,
and holds $4,235’,713 of stocks and bonds ranked
as productive, leaving $6,396,322 of debt without
any offset; the State also holds $23,360,682 in un¬
productive securities.
Massachusetts.—All interest on the funded debt of
Massachusetts is paid in coin.
The credit of
the State stands high in London and at home.
During 1877 the funded debt was reduced
$330,OuO.
The sinking funds m January, 1878,
$10,885,691. The HoosUc tunnel lias cost the
State about $17,666,070,including interest paid. Real
estate assessed in May, 1878,
$1,118,473,223, against
$1,191,499 228 in 1877; personal, including bank
shares, $479,572,027 in 1878, against $505,784,594
were
& J.
46,000
50,000
250,000
2,275,000
439,000
2,727,000
1,000
1,945,000
1,000
1,000
304,000
504,000
1,000
1,000
1,361,000
2,971,000
1,000,000
4,350,000
1,518,000
1,482,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
549,267
160,000
380,000
1,000
600,000
2,206,100
100 Ac.
100 Ac.
100 Ac.
.°0
6
6
6
6
6
6
847,500
So
2% mills.
4,302,600
'2,000,000
Surplus
revenue is
t
g.
g.
g.
g.
6 g.
Q.-J.
Baltimore, State Agency.
,
-
do
do
do
do
do
J.
& J.
A J.
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
July 1, 1910
April, 1911
Jan”
1914
March 1, 1883
Aug. 15, 1880
do
June 1,1889
Oct. 1,1889
1890
1890
1880 A 1890
1890
1890
1885
1
1890
188b
1885 & ’89
1887 & 1891
1887
1888 to 1893
& J.
N.
Boston, Treasury.
May 1, 1880
J.
do
do
July 1, 1S83
J.
do
do
July 1, 1883
N.
do
do
May 1, 1S94
N.
London, Baring Bros.
May 1, 1S94
J.
do
do
July 1, 1889
A. & 0.
do
do
Oct., 1888 to ’90
A. & O.
Boston Treasury.
April, 1890 to ’94
A. & O.
London, Baring Bros.
April, 1882
J. & J.
do
do
July, 1891
J. & J.
do
do
Jan. 1, 1895
J. A J.
Boston Treasury.
July, 1891 to ’94
J. A J.
do
do
July 1, 1895
A. & O.
do
do
April 1,1890
J. & J.
London, Baring Bros.
July 1, 1900
J. & J.
Bostou, Treasury.
Sept. 1.1894-96
Various
Boston Treasury.
,T’lyl,’94-Sep.l,’96
Various
do
do
Mayl’95-Sep.l,’96
J. & J.
London, McCalmonts.
Jan. 1, 1895
J. & J. N. Y., Am. Exchange Bank.
Jan. 1, 1883
M. & N.
do
do
May, 1890
*
J. A J.
do
do
July, 1879
J. A J.
St. Paul, Treasury.
July 1, 1879
J. A J.
do
do
July 1, 1883
J. & D.
Dec., 1887
J. & J. N. Y., Bank of Commerce.
1883
J. & J.
do
do
1888
J. A J.
do
do
July, 1892
J. & J.
do
do
April 1, 1894
J. & J.
do
do
1878 to’88
J. A J.
do
do
1878 to ’89
J. & J.
do
do
1889 to’90
J. & J.
do
do
1878 to ’89
J. & J.
do
do
1878 to ’87
J. & J.
do
do
July, 1894
J. & J.
do
do
1895-6-7
J. & J.
N, Y., B’k N. America.
1887 to ’95
J. & J.
do
do
1894-5-6
A. & O.
State Treasury.
April 1,1897
Various
State Treasury.
1881 and ’82
M. A S.
do
March, 1887
M. A S.
Concord or Boston.
Sept., 1884 A ’89
J. A J.
do
do
Jan., ’92 to 1905
J. A J.
do
do
July 1,1879 & ’80
J. A J. Trenton and Jersey City.
Jan., 1879 to ’84
J. A J.
do
do
Jan., 1886 to’96
J. A ,T.
do
do
Jan.,’97 to 1902
,T. A J.
N. Y.,Manhattan Bank.
Oct., 1893
J. A J.
do
do
July, 1887
J. A J.
do
do
Jan. 1,1883
J. A J.
do
do
July 1,1891
A. A O.
do
do
Oct. 1, 1892
M. &
J. A
J. &
M. &
M. &
J. &
applied to pur¬
ity in 1877.
Taxable property, 1675, $218,855,743, of
$45,162,467 was personal; in 1876, $218,850,744,
of which
$45,302,485 was personal; in 1877, $i20,925,638, of which $45,141,659 was person*]. State tax,
2 mills; tax for all purposes in counties
averages
17% mills. (V. 22, p. 63, 567; V. 24, p. 40, 170,
227.)
.
•
able $100,000 per year.
in 1877,
Valuation of real property
$419,729,400; personal $123,868,381; total,
$566,250,697, against $596,833,707 in 1876, and $612,731,094 in 1875. State tax, 3% mills.
New York.—The following were valuations and
tax rate for State purposes in the
years 1859 and
1865, and from 1870 to 1877 :
Year.
Real Estate.
Personal.
State tax.
1859
1865
$1,097,564,524
1,158,327,371
1,532,720,907
1,599,930,166
3
$307,349,155
392,552.314
434,289,278
452,607,732
2%
4 53-80
7 41-156
5 79-120
1,644,379,410
147,248,035
9%
1,692,523,071
437,102,315
6 95-100
equalized valuation of all real 1874...;. 1,750,698,918
418,608,955
7%
and personal property in 1877 was
$610,558,840.
1,960,352,703
407,427,399
6
The tax rate is 40c. per $100. In 1877
$838,000 bmds
2,108,325,672
357,941,401
3 11-24
maturing were met by sale of renewal bonds;
2,376,252,178 3?9,488,140 - 3 1-6
in 1878 $490,000 bonds mature and have so far The
general fund debt was paid In July, 1878,
been paid by
and
tne canal debt only, of about
sinking fund. The Hannibal & St.
$9,000,000, now
Joseph Railroad provides for its own debt. (V. 22, remains. The gross State
debt, September 30, 18?7,
p. 83, 591; V. 23, p. 135, 397, 493; V. 24,
p. 171, was $10,957,014, and town, county, and city debts in
321, 542; V. 27, p. 200, 409.)
December, 1875, were $244,079,859. (V. 22, p. 63,
Nebraska.—Ot these the State school fand holds 471; V. 24, p. 17, 49; V. 26, p. 18, 117.)
$423,267. There are also $50.00) 10 per cent “Grass¬
North Carolina.—North Carolina is
heavily burden¬
hopper” bonds of 1875, due Mar. 1, 1885, imere-t ed with debt, in proportion to her taxable
paid J. & J. Real estate in ’.677 assessed at $37,- Total property was assessed in 1876-7 property.
at $148,975,987; personal at $33,335,591; tax rate, 6% mills. 564,557; 1875, $152,546,023;
1874, $139,953,361; 1873,
(V. 24, p. 204.)
$143,723,813.
Interest is paid on bonds issued
Missouri.—The
as
the bonds
are
principally held in State
New Hampshire.— The debt of New
Hampshire
created for war purposes, and is
being
reduced. The Municipal loan of 1872 was gradually
issued to
cities and towns, the proceeds to be
applied
to their
war debts.
Total valuation in 18*6,
$199,080,353.
Tax rate, $2 per $1,000.
New Jersey.—The debt was created for war
pur¬
poses, and is provided for by sinking
funds,
which amounted Jan. 1, 1878, to
$1,453,435. Of the
first
two classes of bonds the principal, is
pay¬
was
Michigan.—The debt has been largely diminished
do
A J.
to the amount of $2,275,000. A
proposed compro¬
mise with the holders was defeated
by a large major¬
funds.
bonds, afterwards exchanged for N. Y. & N.E.
RR. stock, and had a sinking fund of $1,027,879 Jan.
1, 1878. (V. 23, p. 354; V. 26,. p. 40, t23.)
do
J.
Minnesota— All the State bo ids are now held
by
the permanent school fund. Minnesota has refused
to recognize the “State Railroad bonds” of
1858
which
report of
Jan. 1,1878.
do
do
& J.
1899
1909
1897
fundable,
per
Y., Winslow, L. A Co.
....
9^
6
N.
J.
g.
g.
g.
g.
g.
g.
g.
g.
g.
^
Augusta and Boston.
London, Baring Bros.
J.
9^ A 10
700,000
2,500;000
A. & O.
7
900,900
595,400-
70j000
Q.-J.
7
7
6
6
6
6
6
6
6
6
6
6
6
6
6
8
500,000
48,000
May. 1910
Amounts not
A. A O.
J. & J.
J. & J.
J.
g-
*
1
260,000
Quart’y
gg.
g.
gg.
g5 g.
6
7
6
6
6
6
473,000
1,562,900
rrO
5
5
5
5
5
5
5
$
Boston, Suffolk Bank.
A. & 0.
due.
whom.
M.AS.
F. & A.
J. A D.
Nevada.—The debt of Nevada is hardly more than
gage
357,000
401,000
104,000
chase of bonds.
nominal,
in 1877. The loan to Bost. Hartf. & Erie Railroad
was secured by
deposit of $3,600,000 “Berdell” mort¬
in the last few years.
Assess .’d valuation of real
and personal property, 1877, $110,000,000, and tax
rate
629,000
1,000
1874
voted for N. O. & Pac. RR. in ’78, and their
validity
is affirmed by the Supreme Court, but the Governor
declined to sign them and the question of a manda¬
1,292,280
100 &c.
1863
1864
1875
1872
1873
1873
Under Art. 7, Sec. 3, of Con¬
1,350,000
1,100,000
100 Ac.
1861
War loan bonds, tax free
do
do
taxable—
New York—
r
700,000
1,300,000
200,000
3,599,024
700,000
1,000
1,000
1,000
1,000
Funding bonds
1874
Renewal bonds, coup., 5-20s, (act Mch. 29, ’7£) 1875-6-7
Hannibal A St. Joseph Railroad
1857 to’75
do
*
do
renewal
1874
Nebraska—Bonds (act Feb. 14,1877) coupon...
1877
Nevada—State bonds
1871
Territorial bonds
1872
Neio Hampshire—War loan, coupon bonds
1864
Municipal war
State bonds
2,952,400
1,000
1859 to’60
5 &
298,435
62,605
3,326,750
225,000
465,000
691,291
500,000
220,000
888,000
200,000
1864
500 Ac.
do sterling
1864
£100 Ac
War Loan, sterling
1869
£200
TToy & Greenfield Railroad loan, sterling
1858 to’61 £200 Ac
do
do
home
1861 to’63 500 Ac.
do
do
1868
sterling
£100
do
do
1871
sterling
200 Ac.
do
do
1875
sterling
£500
do
do
dollar bonds 1873 to ’74
1,000
do
do
do
1875
1,000
Southern Vermont Railroad Loan
1860
5,000
Boston, Hartford & Erie Railroad, sterling... 1868 to ’69
£200
Harbor Land Improvement (5-20s)
1874 A ’76
1,000
Danvers Lunatic Hospital
1874 & ’76
1.000
Lunatic Hospital. Worcester
1875-’76
1,000
New State Prisons, sterling
1875
£500
1863
1865
1,497,980
528,355
:
Michigan—Two Million Loan
War Bounty Bonds
5,598,912
31,069
269,000
g.
g.
Principal—When
payable and by
875,000
•
026173781
.
6
5
5
5
5
3
6
6
6
6
6
6
6
6
5
5
5
5
5
5
5
5
5
5
Where
to Nortb
Carolina Railroad ($2,800,000), as the
State holds $3,000,200 stock and receives div¬
idends thereon. Other interest in default. A fund¬
ing bill passed the Legislature March, 1875, (See
Chronicle, V. 20, p. 336,) but nothing was done
under it.
In New York, bonds are classified
thus : “Old,” being
those issued prior to May 1,
1S61, coupons on from Jan. ’69; “N. C. R. R.”
issue of $2,800,000 to that
road, coups, on since
Jan. & April, ’69; same “coup, off” have had 7
coups, paid; “funding act ’66” carry coups. Jan.,
’69;
“funding act ’68” carry coupons April,
’69. “ New ”—authorized before war,
except $1,500,000 in 1868; “Special tax, 1st,” carry coup.
April,
STATE
VI
Subscribers will confer
great flavor by giving
a
DESCRIPTION.
For explanations see
Date of
d
$500Ac
500 Ac
:)
do
i.866
war
do
1
100 Ac.
100 Ac.
1870
1877
1849
1852
1852
1867
1867
1867
do
April 2
Stock loan of Feb. 2 (registered)
do
do
(coupon),
(registered).
(registered).
(registered).
6
3,639,400
2,383,000
1,695,000
2,417,400
1,711,400
383,045
44,000
11,407,000
4,072,640
2,400,000
6
6
6
6
6
6
6
6
6
6
7
7
7
5
26,500
130,991
160,000
100 Ac.
.
1,000
1,000
50
500
50
50
50
1867
1867
1872
1862
Rhode Island—Wav bonds
War bonds
do
Ac.
367,000
Ac.
Ac.
Ac.
1,000
1,000
1,000
186-4
1794
Various
1836 to'61 Various
1853 to '54
1,000
1866
50, Ac
1854
1,000
State House stock—
do
bonds
-
Funding bonds and stock
Blue Ridge Railroad bonds
Funding bills receivable
Payment of interest
Funding bank bills
1868
1,000
1,000
1868
-f
1868
1869
1869 to '70
Conversion bonds and stock
Land commission bonds
Fire loan bonds, sterling
stock, domestic
Bonds—Relief State Treasury
Reduction of Public Debt stock
Consolidated bonds, coup. (Funding act)..
do
stock (Funding act)
Railroad endorsements
Tennessee—New funding bonds, act of 1873.
Bonds registered, act of 1873
Fundable bonds and coup, not yet presented
.
def’se,gold,act Aug.5,’70(red’ble ’91)
deficiency bonds, act Dec. 2,1871..
Bonds, act Mar., 1874 (for paying float’gdebt)
Vet’n Pension bonds, act Apl.,’74, (red’ble'79)
Redemption of debt, act Aug. 6, '76
Vermont— War loan bonds, registered
coupon
Old bonds, 23 fundable, registered
do
sterling, not required to be funded
Consol. (Act Mar. '71) coup, tax receivable
do
do
reg., conv. into coup...
do
(Act 1872) “Peeler," cp. not rec’ble
do
do
reg.,
do
Deferred certificates (W. Va.)
.
funded (Act 1871)..
'77, on debt proper.
69; “ 2d ” coup, of Oct. ’69: “ 3d ” coup. April, 1870.
V. 21, p. 570; V. 23, p. 599, 615, 647; V. 24, p. 17, 226.)
500,Ac.
500,Ac.
....
1869
....
....
Dec., 1873
Bonds, registerable, not presented
Held by E.T. University (not to be funded).
Texas— Funding State debt (act May 2,1871)...
Frontier
Revenue
500,Ac.
1838
1838
1873
1873
1874
Various.
Various.
Various.
-
•
•
Various
Various
1,000
1,000
Various
1,000
•
1872
1871
1872
1874
1874
1876
1862
1851 to'66
1851 to'66
1851
1871
1871
1872
1872
1871
1871
400,000
395,000
87,000
2,556,250
1,000
1863
8,000,000
Ac.
....
1863
do
South Carolina—State stock
Interest on sterling debt,
Interest unpaid Sept. 30,
•
....
«-
Virginia—Old bonds, 23 fundable,
•
•
....
1,000
1,000
1,000
100
1,000
500,Ac.
90.400
9,251,850
723,950
500,000
975,000
200,000
631,000
5
6
6
6
6
738,000
6
17,411
3
6
6
6
6
6
6
6
6
6
5
6
7
6
6
6
289,172
6,401,285
100,Ac.
100,Ac.
18,740,800
1,483,715
100,Ac.
100,Ac.
2,185,100
1,152,800
15,239,370
g.
g/
g.
g.
g.
g.
g.
g.
g.
J.
J.
J.
J.
A.
A.
J.
J.
J.
(
J.
J.
_
....
g.
g.
g.
g-
•
M. A
J. A
J. A
J. A
J. A
J. A
J. A
T. A
J. A
J. A
J. A
I. A
r. a
r. a
1. A
•
•
•
giving
new bonds to the extent of 50 percent, and
declared void the conversion bonds to the amount
$5,965,000. A committee to investigate bonds
and ascertain what consols were
properly issued
Oregon—The debt is provided for by sinking
funds, payable from land sales.
Taxable property
1875 was assessed at $41,197,149; % mill tax
was laid for Relief bonds and 1 mill for
Bounty
in
bonds.
«
Pennsylvania—The new 5 per cent loan of $8,000,000 was sold to take up maturing bonds. Total debt
Nov. 30, *77, $22,943,814; available assets. $9,054,910;
net debt, $13,924,039.
No tax is laid for State
real estate, and revenue is raised
principally from corporations. Taxes are levied
on personal property, which was assessed in 1877
at $159,318,817, and the tax was $574,817.
State
purposes on
expenses have lately exceeded revenue, and sinking
funds have been diverted to meet the deficiency.
The State holds $1,754,331 in stocks and $7,900,000
of railroad bonds. Interest has been paid in gold on
the State debt issued prior to 1867, but the bonds
paid off in 1877 were paid in currency. Any coupon
bonds may be changed to registered. The bonds
due in 1877 are payable at any time till 1882; those
of 1882 till 1892.
V. 27, p. 149, 2.29.)
(V. 24, p.414, 421, 469; V.26,
Rhode Island.—The debt
purposes
was
p.
all created for
and is being steadily diminished.
18;
war
The
valuation of real property in 1876 was $185,159,848,
and personal, $86,892,928, and tax rate 15 cents on
$100.
South Carolina—The funding law approved Dec.
22, 1873, provided for scaling down the old debt by
was
(V.
appointed in 1877, and reported January, 1878
p. 143), rejecting certain numbers of the
26,
consolidated bonds.
A court of claims to hear the
bondholders was appointed, and met in
May, 1878,
but the validity of the law
creating the commis¬
sioners was questioned in the Courts, and the board
did nothing. In July, 1818, interest was
paid on
those consols signed by Gov. Chamberlain, which
the committee h»4d to be
good; interest on bonds
signed by Gov. Hampton was not paid. Total valu¬
ation of all property—in 1876, real estate.
$86,187,120;
personal.
$40,598,376;
railroad
property,
$6,347,142, making a total of $133,132,^38. In 1877
total was about $135,735,863. Rate of taxation in
1877, 7 mills. (V. 24, p. 199, 445, 495, 543, 557; V. 25,
p. 79, 641; V. 26, p. 63, 143, 232, 257, 420, 463; V. 27.
p.
141, 165.)
maining
due, were paid in
The debt of solvent
$3,458,145, and
total
September, 1876.
railroads, January, 1877, was
debt,
less
$22,852,011, including $129,020
and
$2,088,746
that
amount,
outstanding
past-due interest,
1877 to '86
1871 to '80
*
Columbia, Treasury.
Columbia and New York.
do
do
do
do
do
do
do
Y., Fourth Nat. Bank,
do
do
Y., Fourth Nat. Bank.
State
Treasury.
S. N.Y., Donnell,La wsonA Co.
J.
do
do
J.
do
do
J.
State Treasury.
J. New York A State
Treasury.
D.
Montpelier, Treasury.
J.
New York.
J.
Richmond, Treasury.
J.
London, Baring B. A Co.
J.
Richmond, Treasury.
J.
do
J.
do
j.
do
j.
J.
London, Baring B. A G<>.
war¬
against
which $95,636 is owed by solvent railroads. The
State’s endorsements for railroads are
$1,802,000, of
which $1,560,000 is taken care of
by the roads.
Bonds to amount of $75,000 were over-due in
1876,
and $80,000 more fall due in
1877; these are fund
able at the option of the Legislature.
Later
July 1,1888
July 1,1888
July 1, 1889
July 1,1882
July 1, 1868
July 1, 1868
1888
July 1,1893
July 1,1893
July 1, 1914
1875 to 1900
1900
1875 to 1900
Various.
1891
1911
1892
March 1,1904
1894
July, 1906
Dec. 1, 1890
1886 to '95
At pleasure
1886
1905
1905
Contingent
1905
•
Texas.—Ror all bonds,
except 10s of 1894, the
interest and 2 per cent of
principal yearly
vided for by special appropriations. The are pro¬
valuation
of taxable property in 1877 was
about $316,000,000,
against $257,632,0( 0 in 1876. Tax rate, 50. From the
last Comptroller’s report, for the fiscal
year 1875-6,
we have the
following statistics:
Total value of taxable property assessed.
$257,632,009
State tax
1,288,249
Poll tax
211,034
Miles of RR. in the State ass’d for taxes...
1,493
Value of railroads, Ac
$16,577,508
55,950,038
acres of land assessed at
110,288,629
Value of lots assessed in the State
45,674,101
(V. 23, p. 452; V. 24, p. 535; V. 25, p. 115.)
Vermont—'This State has
created for
$135,500
a
war
are
....
very small debt—all
purposes. Of the registered bonds
held for Agricultural
sinking fund, Aug. 1., 1876,
Tennessee — The coupons of July, 1875, together
with those of July, 1874, and
January, 1875. re¬
rants
do
do
Columbia and New York.
A J. N.
of
Ohio,—Ohio has a very small State debt, but
large local debts, amounting in 1877 to $39,3^8,5i 9
Valuations in 1877
against $36,059,973 in 1876.
were ; Real estate in cities, &c.,
$378,449,113; other,
$706,347,619; personalty, $490,594,810.
Total taxes
levied in 1877 $4,5*11,235 for State purposes, 2 9
mills, and $22,975,512 on all local taxes. (V. 24, p,
17.)
do
do
-
Various
212.833
-
Columbia, State Treasury.
A J. N.
A J.
J.
5
6
6
6
6
6
•
J.
J.
J.
O.
O.
J.
J.
J.
Sept. 1, 1882
April 1,1883
July 1, 1893
Aug. 1, 1894
At pleasure.
do
do
do
,
6
l
A
A
A
A
A
A
A
A
do
do
do
do
London.
Columbia.
J. A J. Columbia A Fis.
Agen. N.Y.
J. A J.
J. A J.
New York or Columbia.
J. A J.
do
do
5, 514, 6
5
6
6
7
7
7
10
6
6
*6
A J.
Feb., 1882-1892
Harrisburg Treasury.
Providence, R. I. IT. A T. Co.
Q.-J.
Q.-J.
6
2,331,250
4,188,141
Q.-J.
g.
g.
D ue.
J. A J
New York.
1868 to '98
A. A O
do
1868 to'98
J. A J
do
1868 to '98
A. A O
do
1868 to'98
J. A J
do
Jan., 1900
A. A O
do
Oct., 1898
J. A J
Raleigh, Treasury.
Indefinite.
A. A O
New York.
Oct., 1898
A. A O
do
1898 to '99
J. A J. N. Y., American Excli. B’k.
July, 1881
J. A J.
do
do
Jan., 1887
J. A J.
State Treasury.
1884
J. A J.
do
do
1880
J. A J.
do
do
1880
F. A A. Pliila., Farm. A Meek. B’k.
Feb. 1, 1902
J. A J.
do
do
April, 1879
J. A J.
do
do
July, 18S2
J. A J.
do
do
July, 1882
F. A A.
do
do
Feb., 1877 to '82
F. A A.
do
do
Feb., 1877 to '82
F. A A.
do
do
Feb., 1877-1882
F. A A.
do
do
Feb., 1882-1892
F. A A.
do
• do
M. A* S.
A. A O.
J. A J.
F. A A.
5 A 6
1,564,000
137,000
500Ac I
Vari’s )
£100 Ac
Various
Various
4^.
Principal—When
ipa
Where Payable and by
Whom.
Payable
6 g.
5 g.
6
6
5
6
192,000
238,933
469,000
72,000
149,000
242,350
451,000
13,000
481,944
151,780
7,000
241,257
4,023,000
149,254
4,797,608
6,617,000
16,194,000
661,000
460,000
396,000
75,000
697,000
500,000
1,000,000
1,153,974
When
Rate.
$4,738,800
....
Pennsylvania—Rag. bonds, tax fr., (red’ble
Inclined plane loan
Coupon loan (except $53,000 reg.), April!
do
•
1,000
1,000
1860
1856
Modoc war bonds
Willamette Canal and Lock
do
do
do
100 Ac.
100 Ac
1868
1867
1868
Registered certificates of literary fund...
Penitentiary bonds, act Aug. 24, 1868...
Special tax bonds
Ohio— Register’d loan, payable after June,
Registered loan, payable after June, 188
Oregon—Bounty bonds
do
do
do
1,000
1,000
do
INTEREST.
Amount
outstanding
par
Value.
Funding bonds, since
do
or
notes on first page of tables.
3.
do
[Vol. XXVII.
Immediate notice of any error discovered In these Tables.
Size
Railroad and improvement bonds, old.
do
SECURITIES.
College.
was
$135,932.
The
Virginia.—These amounts are exclusive of
bonds held by
Literary fund and Sinking fund.
The Funding act of 1871
provided tha* coupons
of the funded bonds should
be receivable for
State taxes.
For two-thirds of the old
bonds a new
bond was issued, and for the
other % a deferred
certificate given (as the
proportion due
Virginia). The act of 18.2 amended thatbyofWest
1871
by not allowing coupons to be received for taxes.
The sinking fund holds
$5,145,2(1 of State bonds
and certificates.
All interest overdue
ber, 30, 1877, was $4,188,141, and the to;al Septem¬
principal
of debt proper
$29,350,816. Assessed value of
statement, V. 25, p. 477.
Total valuations in 1877 real estate in 1S76 was
$242,756,548. against $251,$2-;6,000,000; total in 1876, $278,020,534, against $288,- 573,611 in 1873.
in 1876, $78,560,940.
038,583 in 1875. The rate of taxation, was reduced Tax rate, 5 mills. Personalty
A
case
from 40 cents on the $100 to 10 cents
the taxation
by the Legis¬ of consols is on appeal to theinvolving
U. S. Supreme Court.
lature, in March 1877. Tennessee bonds sold in A new
funding bill was passed in 1878, which will
New York as "old,” are those issued before
1862; probably never be carried out.
(V. 26, p. 266.)
"New,” issued since 1862; "New Series,” the new (V. 23.
p. 599; V. 25, p. 138, 256, 585; V. 26,
p. 68,
funding bonds. (V. 25, p. 458, 477, 585, 619, 632; V. 135, 181, S09,
232, 342, 359, 384, 420, 524; V. 27, p.
26, p. 68; V. 27, p. 42, 165.)
334.)
CITY SECURITIES.
November 30, 1878. J
Subscribers will confer
a
great lavor by giving immediate notice oi any error discovered in tlieso Tables.
DESCRIPTION.
For explanations see notes
on
Date of
bonds.
first page of tables.
Albany, JV. Y— Albany & Northern Railroad
Relief of drafted
:
City improvement
Washington Park
New Post Office site
High School.
IV ater stock
Addit’nal supply ($100,000 due ioOO-3 are 7s)
Western Avenue improvement bonds
Bonds loaned to Albany A Susquehanna RR..
Augusta, Oa — Bonds for various purposes
City bonds, tax free
Baltimore— Consolidated loan of 1890
Loan, reg. stock redeem, at will after 1916...
loan,
Funding
Consolidated
reg. stock, tax free
bounty loan
Exempt bounty loan
Public parks (Druid Hill)
Park improvement loan
Funding loan
Western Maryland Railroad
Jones’ Falls
Water loan ($263,000 only are 5s)
Endorsements for Western Maryland RR.....
do
Bangor, Me— City
Municipal loan
1865
1860
1863
1853
1853
1868
1870
1874
1S64
1872
1872
1873
1874
100
100
100
100
100
100
100
100
100
100
100
100
100
100
Ac.
Ac.
Ac.
Ac.
Ac.
Ac.
Ac.
Ac.
Ac.
Ac.
Ac.
Ac.
Ac.
Ac.
....
100 Ac.
......
....
Union Railroad
debt proper
....
1858 to ’72 100 Ac.
1874 1,000
Water loan bonds, coup. (Act Feb. 22, 1875)
1875
500 Ac.
European A North American Railroad
1869
1,000
Bangor Sc Piscataquis Railroad
1869
1,000
Fund, debt ($24,500 are Gs, ’87, J.AJ.
Various.
Railroad loan
Various
......
Androscoggin Railroad..
Knox A
1861
Lincoln Railroad ($23,750 each year)
1869
do
do
(F. A A. and M.&S)
1871-’72
Boston— For city purposes, war debt. Ac
1852 to ’64
do
do
do
1864 to ’77
Burnt district, sterling loan
1873
Consolidated street improvem’t, sterling loan.
1869
Roxbury debt, assumed
1860 to’64
..
1861
1862
1862
1868
to’69
to’73
to ’76
to ’73
1,000
1.000
£100 Ac
£100Ac
1,000
Various.
500 Ac.
1.000
Various.
Various
.
•
•
46,000
150,000
491,000
624,000
When
Rate.
Payable
•
....
....
....
5
800,000
1,000,000
609,200
1,015,300
1,549,600
1,375,000
117,000
Q.-J.
6
6
6
6
Q.-J. Balto., Farm. A Plan.
190,000
...
206,000
19^,000
...
-
427,000
3,000,000
3,450,000
Q.-J.
M.
M.
M.
M.
ks, &c.
Most of the debt is neld at
Taxable valuation, $14,401,000; tax rate,
home.
$158 per $100.
,
Baltimore.—The fiscal year of
Baltimore ends
with December 31. instead of Oct. 31. The
fund
for
sinking
Baltimore & Ohio RR. $5,000,000
loan is $1,958,623; West.
now
$100. Population in 1870
was
267,-
Per centage...,..
Feb. 1,1912
1895-’97
1878 to ’89
Augusta.
1900
July 1, 1890
Julv 1. 1916
After Julv, 1916
Sept. 1, 1893
Sept. 1, 1893
Sept. 1, 1890
-
do
do
do
do
Jan.
Jan.
Jan.
1, 1895
1, 1890
1, 1886
July 1, 1884
April
15, 1900
March 7, 1902
1885
Balto., N. Mechanics’ Bank.
Bank.
J.
At will.
Julv 1, 1900
Jaii. 1, 1902
& J. Balto., N. Mechanics’Bank.
do
do
April 9, 1900
A. A O. Baltimore,Register’s Office.
Oct. 31, 1886
5 A 6
J. A J.
July 1, 1894
6
J. A J. Balto., N. Mechanics’Bank. Jan. 1 ’90 A 1900
6
J. A J. Baltimore, Franklin Bank.
Jan 1,1895
6
Various Boston, Merchants’ N. B’k.
1878 to ’92
J. A J.
6
Boston or Bangor.
Jan. 1, 1894
6
J. A J. Boston, Merch’ts’ Nat. B’k.
Julv 1, 1905
J. A J.
6
do
do
Jan. 1, 1894
6 & 7
A. A O.
do
do
April 1. 1899
5 A 6
M. A S
City Treasury.
1887 A 1898
6
Various
do
’83, ’85 A ’98
A. A O. City Treasury and Boston.
6
April 1, 1891
6
J. A J.
do
do
July 1,1880 to’99
6
Various
do
do
iS91 A 1902
5 g. Various Boston, Treasurer’s Office.
1878 to ’87
6
do
Various
do
1878 to’97
5 g. A. A O. London, Baring Brothers.
April, 1893
5 g. J. & J.
do
July, 1899
5, 5*2, 6 Various Boston, Treasurer’s Office.
1878 to’84
7
do
Various
do
1878 to’81
5 A 6
do
Various
do
1882 to’93
5 A 6
do
Various
do
1881 to ’94
6I2 A 7 Various
do
do
1878 to ’81
do
6*2 A 7 Various
do
1878 to ’91
5 g- A. A O.
do
do
Oct,, 1878
6
do
Various
do
1880 to 1901
6
A. A O.
do
do
April, 1901
5 g. A. A O. London, Baring Brothers.
Oct., 1902
6
Various BostoD, Treasurer’s Office.
1880 to ’99
6
do
Various
do
1901 to 1903
6
J. A J.
do
do
Jam, 1901
5 A 6
do
Various
do
1905 to 1907
5 g. A. A O.
do
do
April, 1906
6
do
Various
do
1902 to 1905
6
do
Various
do
1901 to 1904
5 g. A. A O.
do
do
1905 A 1906
do
412
Various
do
June A Oct., 1887
A. A O.
5
do
do
Oct., 1897
d
6
J. A J.
1879 to ’81
Brooklyn.
7
M A N.
do
CE
1891
00
6
J. A J.
do
1887
c3
7
J. A J.
do *
1885 to ’94
fc a
J. A J.
6
&
do
1881
J. A J.
7
do
1878 to 90
0
7
J. A J.
do
1878 to ’90
0
7
J. A J.
do
1878 to ’90
5* i
7
J. A J.
do
1878 to’86
6
J. A J.
do
1878 to ’95
J. A J.
7
do
c
1878 to ’95
7
J. A J.
do
1878 to ’90
J. A J.
7
do
1879
ft
d
J. A J.
7
do
1901 to’24
6A7
J. & J.
do
1907 to 1912
O
•
Q.-F.
•
•
.
_
§
J
j
2,306,950
$7,898,158
$7,248,942
$8,135,104
Feb., 1881
Feb. 1. 1893-1912
do
Q.-J.
2,369,100
236,946
June, 1880 to ’84
Feb., 1885 to ’94
March, ’79 to 1900
Nov., 1910, 11,’12
Balto., Farm. A Plan. Bank.
Q.-J.
mortgages on tne Knox & Lincoln for its propor¬
tion of $895,000 out of a total of $2,395,000 bonds
issued by several cities in aid of the latter road.
Unexpended balances of appropriations and 3 per
cent on city debt are appropriated
annually to the
liquidation of the principal. Tax valuation, 187?,
$7,267,690; tax rate, $24 50 per $1,000.
Boston.— The population of Boston in 1870 was
292,497, against 177,840 in 1860; in 1875 it was 341.919.
Valuation of real property in 1878, including the re¬
cent annexations, was
$440,336,300, against $481,409,300 in 1877; and personal, $190,060,900. against $205,413,400; upon which the rate of taxation is $12 80
per $1,000, against $13 10 per $1,000 in 1877.
The total funded debt April 30,1878, was $42,457,022,
and the sinking funds, bonds, mortgages,
Ac.,
$16,297,245. The following is a comparison of the
appropriations granted by the City Council, and
Income
Due.
May 1,1879 to’85
N. Balto., N. Mechanics’ Bank.
N.
S. Balto., N. Mechanics’Bank.
S.
do
do
do
Q.-M.
do
do
do
Q.-J.
Q.-J. Balto., Farm. A Plan. Bank.
J. A J. Balto., N. Mechanics’ Bank.
Q.-J. Balto., Farm. A Plan. Bank.
do
Q.-J.
do
Maryland Raihoad sink¬
ing fund, $166,180; and the total of all the
sinking funds, $8,640,411. The Balt. & Ohio RR.
nays 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
$34,092,965, $19,741,853 is dependent on the tax
levy. The net debt over productive assets is given
at .*9,257,445,
against which are held $4,889,772 of
unproductive assets. The estimates for 1878,
owing
to the
change in the fiscal year, will cover 14 months
instead of 12 monihs as
formerly. The basis of estimated income to be received for the fiscal year
taxation is $255,000,000. The amount
required to be
raised, including the Seating debt, is $4,879,639. ending April 30, 1879, compared with 1877-8:
1877-8
187^-9
8s ihe
floating debt ($1,479,726) the amount re- Appropriations
$10,267,258
$9,555,892
qui ed is $3,399,913. The tax rate to cover
fourteen
months was increased from $175 to
$1 90 on the $100.
St -te taxes h-iving been
increased from 11% cents
to 18# cents on the
$100, the total is therefore in¬
creased of city and State taxes from
$1 92% In 1877
to $2 08#
on the
.
A
A
A
A
Albany.—The loan to Albany & Susquehanna 354, against 212,418 in 1860. (V. 22,
p. 589; V. 23, p.
by 1st mortgage.
The valuation of 514; V. 24, p. 12; V. 25, p. 137, 334.)
prtperty in Albany County in 1876, by local as¬
Bangor, Me— The valuation of real and personal
sessment, was: Real estate, $47,039,898 ; personal,
$5.3Gu,151; total, $52,340,049. In t876, total equal¬ property in 1878 is $9,642,461; rate of taxation, 2 14.
The
loans to
ized valuation by State
Board, $58,460,770. Tax road and to European & North American Rail¬
Bangor & Piscataquis Railroad are
rite, 2’49.
secured by first mortgages on those roads.
Augusta.—Of this debt, $600,000 was issued for
Bath, Me.—The city holds a first mortgage on
railroads, and balance for canal enlargement, the Androscoggin road for the debt, and 2d and 3d
wor
do
do
do
do
New York.
Various
A. A O.
is secured
water
New York.
do
do
A A.
A A.
A A.
A N.
Principal—When
May, 1879
Boston, Merchants’ Bank.
92,400
260,000
...
New York.
do
5
552,000
302,000
236,000
216,000
258,000
...
A N.
A D.
A A.
A S.
A N.
A N.
A N.
936,661
213,000
90,000
...
M.
J.
F.
M.
M.
M.
M.
F.
F.
F.
M.
500.000
118,000
80,000
250,000
900,000
165,000
1,000,000
1,886,250
128,500
7,306,546
5,000,000
679,000
2,211,068
410,353
555,566
185,723
5,000,000
1,000,000
1,000,000
1,000,000
143,000
138,000
....
6
6
6
7
Where pavable and by
whom.
6 A 7
7
7
6
6 A 7
6
6
7,
7
6
5
5
6
6
6
6
6
6
6
6
6
193,000
425,000
475,000
420,600
3,521,800
14,288,500
4,997,603
3,449,199
392,300
104,500
1,060,000
1,228,000
183,641
410,000
394,000
2,040,000
688,000
1,947,273
700,000
465,000
375,000
370,000
100,000
648,000
366,000
3,452,000
550,000
Various.
Various.
Various.
Water loan, new main. Brookline Reservoir...
1858
1,000
do
Chestnut Hill reservoir
1867 to’71
1,000
do
renewal of loan due ’70-71, all
1871
reg.
do
do
’72-73
1872
£100 Ac
Water works, Roxbury, coupon and registered 1868 to’70
1,000
do
1871 to’74
Roxbury & Dorchester
1,000
do
Dorchester, all registered
1871
do
W. Roxbury & Brighton, all reg 1875 to’77
do
do
1876
reg...'.
Additional supply water
1872 to ’75
1,000
Various purposes, for water works
1871 to ’74
1,000
Water loan bonds, gold, coupon or reg
1875-’7G
1,000
Public park and school buildings, registered..
1877-’78
Improved sewerage, registered
1877-’7S
Brooklyn—Debt of Williamsburgh, local iinpr’t 1859 to’61
1,000
Brooklyn local improvement loan
1861
1,000
Mount Prospect Square loan
1857
1,000
Soldiers’ aid fund loan
1865
1,000
Third street improvement loan, local
1867
1,000
1866
1,000
Bushwick avenue
do
do
do
1865
1,000
South Seventh stree do
do
do
1866
1,000
Union street
do
do
do
1867
1,000
Fourth avenue
do
do
do
1862
1,000
do
do
do
do
1867
1,000
Wallabout Bay
do
do
1867
1,000
Kent avenue basin
do
do
1869
1,000
New York Bridge loan, registered and
1870
coupon
1,000
Bonds for N. Y. & Brooklyn Bridge, cp. or
1876-’78
reg.
1,000
$237,000
156,000
100,000
375,000
1,000,000
814,000
102,500
.
Dorchester debt, assumed
Charlestown debt, assumed
Mystic water debt, assumed
Brighton debt, assumed
West Roxbury debt, assumed
INTEREST.
Amount
outstanding.
1854
$1,000
1864
1,000
1866
1,000
1870-’71
1,000
1870-77
1,000
1874
1,000
1875
1,000
1851 & ’52
1,000
1874-’77
1,000
1877
1,000
1865
1,000
Various.
250 Sec.
1876
500 Ac.
Various.
100 Ac.
1877
100 Ac.
1878
100 Ac.
1870
Valley Railroad
or
par
1
1863
Five million loan to Baltimore A.Oliio RR
One million loan to Pittsb. & Connellsville RR
New City Hall
do
do
do
do
Consolidated loan
Court house loan
Size
value.
l’n
men
Purchase Congress Hall Block
do
Vll
'217,468
$7,466,410
Placing the tax to be paid to the State
the tax warrants exhibit the
at $418,740
following result:
1877-8.
City and County
State, 1817
1878-9.
$8,135,104
619,110
$7,466,416
412,740
$8,754,214
$7,879,150
The Auditor estimated that if the assessed valua¬
tions were reduced to $660,000,000, the tax rate re¬
quired would be nearly the same as in 1877, when it
was
$13T0 per $l,C00; the total valuations, as
above, were actually made $630,427,200. (V. 26, p.
39; V. 27, p. 40.)
Brooklyn.—There are also $27,000 7 per cent
Nat. Guard bonds due 1880-81.
The ~ Mayor’s
message, January 1,1818, made the whole city debt
as
follows:
Permanent loans
$28,113,500
Sinking funds
4,660,747
Balance
King’s Co. debt (City’s share)
Loans chargeable on specified property
Tax certificates
Total net debt
—The debt increased in 1876
$23,452,752
.
3,831,180
10,923,000
2,500,000
$40,706,982
$781,623, and in 1877
Population in 1870,396,200, against 266,661
in 1860. Valuation of property in 1877, by the local
assessment, was $216,481,801 for real estate, and
$659,382.
viii
CITY
Subscribers will
confer
a
great favor by giving Immediate
DESCRIPTION.
For explanations
see
notes
on
SECURITIES.
Date of
Bonds.
lirst page of tables
Size
notice of any error discovered In
these Tables.
INTEREST.
Amount
or
| outstanding.
par
[VOL. XXVII.
When
Rate.
Value.. 1
Principal—When
Where Payable and by
Whom.
Payable
Due.
Brooklyn—( Continued)—
Prospect Park loan, registered and
Prospect Park loan
coupon
1860 to ’73 $1,000
1860 to ’72
1,000
1872
1,000
1857 to ’72
1,000
1872 to’75
1,000
...
Deficiency bonds
Permanent water loan
do
do
Sewerage fund bonds, continuous, local
do
do
S’tli B’klyn
Assessment fund bonds, continuous, local
Central and Knickerbocker av. sewer bonds..
Boulevard bonds
1,000
1,000
1,000
1,000
.......
....
Temporary tax
1870
1873
1876 to ’78
1853 to ’75
1,000
certificates
Buffalo, N. Y — Funded debt bonds
1,000
Buffalo & Jamestown Railroad
1873 to ’75
1,000
Buffalo New York &
Philadelphia Railroad... 1871 to’73 1,000
Waterworks bonds
1868 to’76
1,000
Water bonds, coupon
1876
Park bonds (Act
May 17, 1875)
1876
1,000
Tax loan bonds
1876-77-78
Water bonds, reg
1878
Cambridge, Mass.—City bonds
1858 to’63 500 &c.
6708915 81
....
....
....
City bonds
1864
1,000
1863
1,000
1856 to ’76 500 &c.
lS73-’74
500 &c.
do
do
do
do
Water loan
1874-5
;.
do
do
do
do
1866
1866 to ’77
1865
1867 to ’75
coupon
....
....
....
/
....
Water loan
....
....
—
....
do
River improvement bonds
....
improvement
Water-works bonds
Hospital bonds
Street improvement bonds, short
Cleveland—Water
works
($225,000
are
Funded debt ($100,000 are 6 p.
ct.)
Lake View Park
Canal and canal lock
School ($294,000 are 6 p. ct.)
House of Correction
Main sewers, special assessment
Street improvem’ts do
Street openings, &e. do
Infirmary and River dredging
....
....
774,000
6
7
6
6
7
6
7
7
6
7
7
77
6
6
880,000
87,000
1,062,000
210,000
250,000
300,000
99,000
195,000
397,500
146,500
750,000
60,000
175,000
100,000
1,700,000
....
....
....
....
....
....
....
....
t
1,431,000
315,000
264,000
409,000
200,000
647,259
1,335,441
1,010,463
111,000
Buffalo.—In
were
tion
1875 real and
assessed at
changed and
1877 real estate
$39,968,105; in
personal
property
1876 rule of valua¬
assessment was
$111,995,905.
In
was
$91,130,^70; personalty, $8,844,705; total, $99,975,575. Buff Go also pays 7-10
(being
$712,390) of Erie county debt. City tax-rate, 1877,
$12 41 on the $1,000. Since June 1, 1817,
coupon
bonds have been
exchangeable for registered. (V.
22, p.233, 521; V. 23, p. 135.)
M. & N.
7
7
7
7
6
3-10
3-10
3-10
3-10
7
7
7
7
M.
M.
M.
A.
M.
F.
M.
J.
F.
M.
.
:
Cambridge, Mass.—The sinking funds
to
amounted
$8'6,563, December 1, 1877. The investments are
nearly all in city bonds at par and stamped “ not
negotiable.”
Only $52,000 debt matures before
1881.
Tax valuation, 1875,
$66,623,014; 1877, $55,009,000. Total debt,
$4,805,175.
47,838.
1862
1868
Population, 1875,
Charleston, S. C.—The bonds
'of Charleston are
mostly held within the State of South Carolina.
The assessed value of real estate in 1877
was $18,669,-
<523; personal, $7,922,155; rate of
tax, $2 60 per $100.
(V. 2b, p. 360; V. 27, p. 407.)
1890
1872..-.
1873
.
Various
.
6
18)4
$13,130,677
$3,711,154
$....
5,355,893
5,843,776
5 855,377
5,552,300
19,147.941
51,392,604
53,939,469
54,653.040
52,342,950
52,847,820
45,042,540
49,103,175
45,155,830
48.295,641
36,815,713
34,715,834
•
*
do
-
Boston, Bank Redemption.
do
to
to
to
to
1895
1895
1893
1926
July 1, 1896
Prior
do
do
to
1936
July, 1879-’83
Sept. 1, 1898
1878 to 1882
do
Tremont Bank.
April 1, 1889
Boston,
Jan. 1, 1893
Boston, Bank Redemption. Jau. 1,1881 to
’90
do
do
Jan. 1, 1903-4-5
do
do
Apr.& Oct. l,’84-5
do
do
July 2, 1886
do
do
July 1,1881 to ’97
do
do
Aug. 1, 1883
do
do
Apl. 1, 1887-1895
do
do
May, 1889-1891
Charleston.
1878 to ’98
,
do
New York City.
1883 to ’84
1890
N. Y.,
Metropolitan Bank.
N.
Cincinnati.
Y., Am. Exck. Nat. Bk.
do
do
do
do
do
do
do
New York
do
do
do
do
do
do
do
or
March, 1908
Sept., 1899
Sept., 1899
Oct., 1899
March 1,1886
Aug., 1886-’97
Dec. 1,1891
July 1, 1902
July 1, 1902
May 1, 1906
London.
Y., Am. Exck. Nat, B’k.
do
do
do
do
do
do
May 15, 1904
Jan.
do
do
do
do
do
do
do
do
do
1878 to’82
18
14
15
15
10
15
18
18
18
18
paid in
1879
1878
1887
1894
1878
do
do
do
do
do
do
do
do
do
1, 1896
Aug.,’85, ’90 &’95
May 1, 1906
00
00
00
00
00
00
00
00
00
00
to ’95
to’94
to’92
to ’96
to ’88
1878, ’83 & ’84
1878 to ’92
1878 to’84
1878 to ’86
1878-’87
Chicago, instead of New York,
is
in New York
promised hereafter.
but payment
(V.
23, p. 622;
V. 24, p. 443; V. 26, p. 192,
289, 436, 522.)
Cincinnati.— In addition to the issues above
named, there remain several smaller amounts, as fol¬
lows: $108,000 5s. November,
1344; $56,000 (YY2, &
O.) 6s, 1886-88; $17,000 6s (Q.), Nov., 1890; $27,000
6s (A.), Mar., .7897; $50,000
(H2.), Aug., 1897. City
holds $950,000 of Cincinnati Southern
bonds in
sinking funds. In 1870 the population was 216,239,
against 161,044 in 1860. Tax rate for 1877, $29 10
per $1,000.
The following table from the books
of the Auditor of Hamilton
County, Ohio, exhibits
the assessed valuation of the
city of Cincinnati in
the year I860, and from 1810 to
1S77:
Rate tax
*
15 66
20 00
131,222,460
1877
Chels:a, Mass.—Sinking fund, $70,543, and
113,684 314
$21,009
annually. Tax valua ion, 1873, $15,767,- Population in 1870 was
336,605, and in October, 1876,
407; rate, $1 76.
Total debt, $1,591,252.
Popula¬ 407,661, against 109,260 in I860. The So. Park, West
tion, 1875, 20,737.
Chicago Park, and Lincoln Park loans are not
debts of the city, but of distinct
corporations.
ChicagoThe total funded debt Jan. 1,1878, was In
July, 1878, coupons on West Park bonds were
'to be added
do
Y., Gallatin N. Bk.
do
....
Tax
Rate.
239.154,890
262,969,820
258,549,310
-125,468,6)5
1878-1881
1879
1893
1881
1879
Buffalo & New York.
Various
Various
Personal.
174,505,410
251,3 1,240
223,643,000
236,898,650
S.
S.
S.
0.
S.
A.
D.
J.
J.
N.
....
Real Estate.
31,198,135
31,587,515
66,495,116
140,857,040
do
N.
Various
Various
Various
V arious
J. & J.
7
7
6 A 7
7
6 & 7
^-—Assessed Value.
21,635,5)0
25,892.303
1880
1875
5*
Various N. Y., Am. Exck. Nat. B’k.
$842,352.
1853
&
S
00 ft
a? ffl
....
G& 7
6 & 7
,
year
3 years from date.
3 years from date.
3 years from date.
gil
2
Buffalo and New York.
Buffalo.
Buffalo and New York.
& N. N.
Sc J.
& A.
Sc N.
y debt is limited to 5 per cent of that. A
decision of the Ill. Supreme Court in
Feb
1878,
held the certificates of debt issued
prior to May,
1877, as in violation of this and void. A subse¬
quent decision held city scrip of 1877 valid. Of the
funded debt, $4,540:000 is on
account of
the
Water Works, which last
year yielded an income
of
1881 to 1908
•
■
$13,111,215 for personal; total real and personal,
Old
certificates
of
$229,593,016, against $227,013,123 in 1876. The debt $13,361,000.
indebtedness,
$4«5,513.
Revenue time
of Kings County,
warrants, $2,784,133.
separate from the debt of Brook¬ Assessed value of
real
property, 1877, $113,634,lyn, is $4,181,821, of which the city is responsible
314; personal, $34,715,834—total, $148,400,148.
for nineteen-twentieths.
Tax
Average tax rate in 1877, rate, 1877, 2-704.
This is the Illinois State
$3 17 per $100, against $3 25 in 1876. (V.
valuation,
24, p. 63; and the ci
V. 25, p. 358: V. 26, p. 282.)
•
P
Various N. Y., Am. Exchanc e Bank. May 1,1880-’92
1880 to’84
M. & N.
do
a0
Nov., 1885
7 3-10 J. & D.
do
do
June, 1888
7 3-10 Various
do
do
1888 & 1889
6
J. & J.
do
do
Jan., 1890
6
M. & N.
do
do
Nov., 1890
6
A. & O.
do
do
April 1, 1895
6
M. & N.
do
do
March, 1897
7 3-10 Various
do
do
1897
6
J. & J.
do
do
Jan., 1900
6
Various
do
do
June & Oct., 1900
300,000
50,000
300,000
....
'C w
•3 «:
A. Sc 0. Boston, N..Bk.
Redemption
1879 to 1883
Various
do
do
1879 to 1895
F. & A.
do
do
Feb. 17, 1883
F. & A.
do
do
Aug.
1,1887-’97
J. & J.
New York and Boston.
1878 to ’97
J. & J.
do
do
July 1, ’82 to ’95
J. & J.
do
do
July 1, 1880
J. & J.
do
do
1880 to ’95
J. & J.
do
do
1890 to ’95
J. & J.
do
do
July, 1895 & ’96
J. & J.
do
do
1881 to ’99
J. & J.
do
do
1878 to ’79
J. & J.
New York (see remarks.)
1890
,
1,000,000
50,000
-
1915 to’24
1915 to ’24
do
do
do
do
do
do
do
do
do
....
&
<fc
&
100,000
&
136,000
&
450,000
7
&
600,000
7
J. &
700,000
7
J. A
9,300,000
7 3-10 J. &
6,000,000 6g. or 7*3 M. &
150,000
150,000
Brooklyn.
Various
Various
Various
Various
J. & J.
M. <fc S.
5*2
3,660,000
4,191,500
....
....
149^000
1,170,000
100,000
200,000
2,000,000
640,000
1,000
1,000
1,000
-
500,000
3,408,000
1868
1868
1,000
1860 to ’61
1,000
1855
1,000
1847 to’50 500 &c.
1847 to ’48 500 &c.
1867-’68
1,000
1853
1,000
1853
1,000
1858
1,000
1869
1,000
1869
1,000
1869
1,000
1871
1,000
1871-’72 i
1,000
1871
1,000
1872-’74 500 &c.
1874
1,000
1876
500 &c.
1878
1874
1,000
1875
1,000
D1
1875
1,000
1876
1876-’77
6 p. ct.). 1854 to ’75
1854 to’74
1872 to ’74
1874 to’76
1864 to ’71
1868
1860 to ’76
1876-77
514,000
100,000
2,621,000
195,000
’
J. &
J. &
J. &
J. &
J. <fc
J. &
J.
J.
N.
J.
J.
J.
J.
J.
J.
J.
5
M. Sc S.
5
Various
5
A. & O.
5 g. J. & J.
6
J. & J.
6
J. & J.
6
A. Sc 0.
6
J. & J.
6
J. & J.
6
F. & A.
6
A. Sc O.
6
M. Sc N.
6
Q.-J.
6
Various
7
J. & J.
7
2,550,000
500 &c.
&
&
M. &
J. &
5, 6 & 7 J. & J.
1,597,000
689,000
51,500
1,000
1,000
-
647,125
50,000
106,000
100,000
150,000
266,800
500 &c.
-
100,000
....
J.
J.
7 & 5
7
7 & 5
7
7
6 & 7
7
7
7
7
6
6
200,000
4,744,000
618,000
842,000
2,950,000
2,132,750
1,000,000
750,000
2,729,382
100,000
....
1870
1,000
1863 to ’72 500 &c.
1844 to ’54
1855
1,510,500
1,870,000
55.000
1,000
1,000
1,000
1,000
500,&c.
1,000
1,000
....
7
6
7
6
7
485,000
162,000
3,898,454
....
....
South Park loan (secured on South.
Div.)
West Chicago Park (secured on West.
Div.)...
Cook County debt
Cincinnati— Loans to Railroads.F,A,
G,H,I& M
Bonds to O.& M. RR. to purchase whf.
prop.N
Bonds for erection of a Workhouse
Bonds for Water Works
C2&C3
Bonds for Common School purposes
P
Bonds to O. & M. RR. to purchase whf.
prop. .N
Bonds for ext. and impr. Water
W..C, D. &E
Bonds for funding floating debt
A2
Bonds for new Hospital
S&S2
Bonds for funding floating debt
L
Extension and improve. Water Works... K &F
Bonds to purchase Orp’n
Asyl. grds. for park.O
Bonds for
sewerage
R
Bonds for improving Gilbert avenue
U
Bonds to build Eggleston avenue sewer... .B3
Bonds for improvement
W
Bonds for Water Work purposes
C4&C5
General improvement
W2
Cincinnati Southern RR
do
do
do
do
($3,142,000 are gold 6s)
do
do
(for $2,000,000)
Floating debt bonds, coupon
Park
1,000
1,000
1,000
....
Municipal bonds
Municipal and School bonds
f
500 &c.
1853 to ’54
1866
do
Sewerage bonds
1,000
....
Fire loan bonds, coupon
Conversion bonds, to redeem past due debt...
Chelsea, Mass— Funded debt, coup
Funded debt, coup
Water loan, coup
Chicago—W ater loan
500 &c.
1869-71
Charleston, S. C.—City stock
City bonds,
Jf
$3,017,000
1,217,000
319,000
9,706,000
Real
Year.
Personal
Total
estate.
estate.
valuation.
1800..
1870..
1871..
1872..
1873..
1874..
Is75..
1876..
$01,620,904
$31,411,812
$93,032,716
78,736,482
123.427,888
119,621,856
121,479,280
128,231,790
125,9:6,835
127,143,900
1877.. 123,320,270
—The city is the
57,370,754
50,934,044
55,46),410
64,160,460
58,7 8,284
58,521,730
50,809,066
50,6)9,872
sole
owner
130,107.236
180,301,932
175,084.290
185,645,740
181,950,074
184,498,505
183,952,910
179,430,142
per
$1,000.
$17 45
31 60
22 20
20 10
23 06
23 38
28 82
27 04
29 10
of the stock of the
which is lea-ed to a
Cincinnati Southern Railroad,
company formed to operate it. (V. 23, p. 379, 514;
V. 24, p. 11; V. 25, p.
16; V. 26, p. 384, 469, 522; V.
27, p. 94, 172, 251, 280.)
Cleveland.-r-The valuation
m
1877
was
of property foi taxation
$51,732,029 real, and $19,299,122 personal;
tax rate, 1878,17 17-20 mills, of
which 8 1-5 mills are
levied for interest and
sinking fund. The sinking
November 30,
CITY SECURITIES,
1878.j
Subscribers will confer
a
great favor by giving immediate notice of
any error discovered, in these Tables.
DESCRIPTION.
For
explanations
z
Date of
Size
bonds.
notes
see
on
or
par
first page of tables.
value.
Cleveland—( Conti nucd)—
Viaduct (mostly F. & A., A. & O. and J. &
D.) 1873 to ’77 $1,000
Bonds
1877
1,000
Bonds...
1878
1,000
Bonds
Detroit, Mich.for various City purposes 1855 to ’59
Bonds for Water Work Co., on
city’s credit... 1855 to ’70 1,000
Public Building stock
1859 to ’71
(City Hall) bonds
*
....
Public
....
sewer
bonds
1872 to ’74
1871 to’74
1870 to’75
1872 to’73
1865 to ’66
1875-’76
Elizabeth, N. J.—Improvement bonds
Funded debt bonds
School House bonds
Market House bonds
Consolidated improvement bonds
City wharf bonds
H. & N. RR. bonds
1868
do
do
Water loan
do
do
Fitchburg, Mass.—City notes
•
•
•
•
m
m
m
m
-
•
•
•
•
•
•
•
•
•
•
@
©
•
••
•
«
.
.
.
#
•
•
•
•
Large.
*
lOOO&c,
1,000
1,000
1,000
1,000
1,000
....
City bonds
•
....
1877
Mass.—City notes
•
....
1876
City bonds
-
'
1869
1870
1876
do
do
....
1,000
Water loan
1,000
do
1,000
Galveston, Texas- Bonds for various purposes... I860 to ’74
Limited debt bonds (sinking fund 2
1877
per cent).
Galveston County bonds, G. C. & S. F. RR....
1876
Hartford, Conn.—Water bonds ($50,000 due’81)
1,000
Water bonds
1,000
do
100 &c.
do
1,000
City bonds (II. P. & F. RR )
1,000
Park bonds (4 of these bonds are for
$500 each)
1,000
Funded debt
....
....
....
®
Capitol bonds
Holyoke, Mass.—City notes
City bonds
Wfttcr l0(in
Railroad.4 loan
are
©
1,000
1,000
a,
1871-’74
1874
1,000
1,000
1,000
500
1,000
1,000
1,000
1,000
1,000
1874
1875
1874
1873
School loan, coup
1877
Jersey City— Water loan bonds, mostly coupon. 1852 to’67
Water loau bonds, mostly coupon
1869 to ’73
do
do
do
1877
Forty-year bonds
1873
Improvement bonds
1871
do
do
1872 to’74
Morgan street dock
1870
City bonds, coupon
Various.
Funded debt bonds
1872
Hudson City bonds
Various.
Bergen school loan bonds.
1869
do
sewerage bonds
1869
do
improvement and wTater bonds
1869
do
bounty loan
Various.
Greenville street improvement bonds
Various.
,
....
1872
1873
1869 to ’70
1877
1873
1874
j.
& j.)
Indianapolis— Bonds to railroads
Bonds to Un. RR. Transfer Stock Yard Co
Loan bonds, series A.
do
do
B
do
do
C
do
do
D
Purchase-money bonds—Southern Park
School bonds—By Board of School Comm’rs.
($60,000
e,
500
1,000
1,000
1,000
1,000
1,000
1,000
.
.
500 &c.
1,000
1,000
1,000
1,000
.
Ten-year bonds, coupon or registered
Lawrence, Mass— Funded debt
r.
do
Water loan
Lewiston, Me—City bonds ($25,000 each year).
City bonds ($50,000 each year)
do
($110,000 due 1885, $210,000 1891)
fitted.
Detroit, Mich.—The amounts of bonds outstanding
given les3 those held by sinking fund. The
population in 1370 was 79,601; in 1874, by State cen¬
sus. 101.083.
The value of waterworks is
$2,483,880,
against a debt of $1,401,000. The waterworks bonds
are issued on a pledge
of the city credit, and $75,000
per year collected in taxes to pay interest on them.
Assessed valuation, in 1878, real and
personal prop¬
erty, $87,865,685, against $93,709,375 in 1877, which
is made on the basis or true
value, but prior to
1876
are
assessments were on basis of 30
per cent of
real value.
Tax rate, 90 cents
per $100.
Elizabeth,N. J.—Total debt of the city of Eliza¬
beth Jan. 1, 1878, was stated at
$5,380,000, as fol¬
lows: General debt, $2,950,000; assessment debt.
$2,430,000. Estimated true value of real and per¬
sonal property,
$32,000,000; assessed valuation,
$16,000,000. Tax rate is $2 50 within the lamp
and water district, and
$2 10 outside. Population
in 1875, 25,000.
Fall River. Mass.—The
sinking fund amounted to
$143,0i8, January 1, 1877.
now
completed.
tion, 1875,45,340.
The water works are
Popula¬
Total debt, $3,537,047.
Fitchburg, Mass.— Sinking fund, $69,500.
Total
debt, $894,993. Tax valuation, 1876, $11,711,888.
Bonds all coupon. Population,
1875, 12,289.
Galveston, Texas.—The total city debt Sept. 1, ’77.
$861,400, of which all are 10 per cent, currency,
except $35,0C0park8s, due 1892-1902, and the limited
was
debt bonds.
(V. 25, p. 283.)
213,000
200,000
130,400
1,401,000
600,000
340,500
729,500
767,000
90,000
66,000
2,477,000
(?)
Rate.
6
6
7
7
7
7
7
7
7
7
7
300,000
7 3-10
300,000
105,000
100,000
430,500
7
7
6
7
268,200
600,000
400,000
300,000
5, 6,7
400,000
300,000
100,000
505,500
306,000
411,000
250,000
125,000
475,000
202,000
500,000
130,000
300,000
1,000,000
227,000
243,000
250,000
226,500
155,000
500,000
300,000
300,000
300,000
200,000
109,500
100,000
100,000
1,163,000
3,109,800
255,000
622,000
1,866,000
3,433,000
125,000
921,000
500,000
150,000
400,000
152,000
103,000
Various
500 &c.
1862 to ’75 5000&C.
1874
1,000
1873-’75
500 &c.
....
249.000
150,000
91,700
133,000
262,000
1,300,000
25,000
100,000
320,000
224,000
500,000
143,000
1,000
1,000
1,000
1,335,000
1,000
76,000
392,000
Principal—When
Where payable and by
due.
whom.
,
7
7
7
7
372,000
850,000
50,000
When
payable i
5, 6, &7 Various.N. Y., Am. Exch. Nat. Bk.
100,000
100,000
200,000
l,000&c
l,000&c
l,000&c
1873
fund, Jan.,’76. amounted to $1,700,000, market value.
The sewer, street improvement and street
opening
bonds are for special local
improvements, and
redeemed by assessments on the property bene-
$1,568,000
171,050
Lewiston & Auburn Railroad.;
Water bonds
Louisville, Ky.—For Jeffersonville RR. stock...
1852
Subscription to stock of L. & N. RR
1854
W ater works.
1857 to’67
do
outstanding.
Various
1876
1S59 to’64 5000&C.
Funded debt
INTEREST.
Amount
250,000
1869
*
Redemption bonds
Fall River,
1,000
1,000
1,000
1,000
1,000
1869
E. C. & P. RR. bonds
do
do
Water works bonds
do
do
....
.
Bonds due 1905
Evansville, Indiana— E.
ix
5 g.
6
6
6
6
7
6
6
6
10
8
10
6
6
6
6
6
6
6
6
6 &
6
6
7
6
6
7 3
73
7 3
7*3
7*3
8
5
6
7
6
7
7
7
7
6 & 7
7
7
7
7
7
7
7
7
5^
6 & 7
6
6
6
6
6
6
5
6
6
6
7
M. & S.i
1893 & 1907
New York.
do
Sept, 1, ’78, to ’86
Various N. Y., Metropolitan N. Bk.
Various
do
do
Various
do
do
F. & A.
do
do
Various N. Y., Farmers’ L. & T. Co.
Various
do
do
Various
do
do
Various
do
do
A. & 0.
do
do
■>
Various
Various
City Treasury.
do
& A.
Boston, Revere Bank.
& N. Boston, Bank Redemption.
& N.
do
do
& N.
do
do
& A.
do
do
& N.
City Treasury.
& J. Boston, Merchants’ Bank.
& J.
do
do
& J.
do
1 do
Various
Galveston.
M. & S.
do
J. & J.
New York.
J. & D. Merchants’ Bank, Boston.
J. & J.
do *
do
J. & J.
Phoenix Bank, Hartford.
F. & A.
City Treasury.
J. & J.
Suffolk Bank, Boston.
F. & A. Merchants’ Bank, Boston.
J. & J*
City Treasury.
J. & J.
do
F.
M.
M.
M.
F.
M.
J.
J.
J.
Various
A. & O.
City Treasury.
do
J. & J.
do
A. & 0.
do
Jan.
City Treasury.
J. & J.
N. Y., Winslow, L. & Co.
J. & J.
do
do
J. di J.
do
do
J. & J.
do
do
J. & J.
do
do
J. & J.
do
do
A. & O.
do
do
A. & O.
do
do
J. & J. N. Y., Merch. Ex. N. Bank.
Various
do
do
J. & J.
do
do
J. & J.
do
do
M. & N.
do
do
Various
do
do
J. & J.
do
do
Various
do
do
J. & J.
do
do
Various
do
do
J. & J.
do
do
J. & J.
do
do
J. & J.
do
do
Various
do
do
J. & J.
do
do
J. & D.
do
do
Various
Boston, Tremont Bank.
Various
do
do
J. & J.
do
do
A. & O.
do
do
J. & J.
City Treasury.
J. & D.
do
J. & J.
do
J. & J.
do
A. & 0.
do
A. & O. N. Y., Mercantile N. Bank.
A. & O.
do
do
Various
N. Y., Bank of America.
M. & S.
do
do
Hartford, Chun.—Total debt, April, 1878, $3,050,00); net, after deducting resources, $2,152,100. lax
rate in 1877, 9X mills for city, and 8>£ for'town
pur¬
poses; for 1878, 8>£ mills for city is recommended.
1898
1879 to’89
1879 to 1900
1879 to ’91
1892 to’94
1878 to ’81
1880 to ’95
1881 to ’93
1878 to’86
1885 to’96
1898
1899
1890
1895
1895
1906
1906
1907
1878 to 1888
1878 to 1891
Aug. 1, 1894
May 1,1895
Nov. 1,1878-1880
Nov. 1,1892-1906
Aug. 1, 1899-1905
Nov. 20,1882
July 1, 1893
July 1,1891
July 1,1895-1906
1874 to’95
1907
1906
June 1, 1879 &’81
July 1, 1881
July 1, 1890-’93
Aug. 1, 1900
June 1, 1891
Aug. 1,1882 & ’84
Jan.
1, 1893
Jan. 1, 1897
1878 to 1886
Oct, 1, 1889
Jan. 1, 1900
Jail. & Apr. 1, 1894
Jan. 1, 1889, to *90
Jan. 1, 1897
July 1, 1893
July 1, 1894
July 1, 1894
July 1, 1895
Jan. 1, 1899
Oct. 1, 1878
Oct,
1,
1882
Jan., 1879 to ’95
1899 to 1913
July 1, 1907
July 1,1913
May, 1891
1892 to’94
June 8, 1900
Various.
July 1, 1896
Various.
Jan., ’98 to 1900
July, 1889
July 1, 1879 & *89
Various.
Various.
June 1,1886
1878-1884
1878 to 1892
July 1, 1894
Oct, 1,’90, to 1906
July 1, 1882
June 1,1883 & ’88
July 1,1885&1901
July 1, ’93-1913
Oct.l,’97-1907-’17
April, 1882
April, 1883
1887, ’89, 91
March 1, 1883
LouisvfRe.—The funded
debt, January 1, 1878,
paytble by railroad-% was
$8,182,000, against $8,258,000 Januiry 1, 1877. Of
the $8,182,000 there is payable out of the
sinking
fund $3,664,000; payable by special tax,
$4,518,000.
Population by census of 1870 was 100,750, against
68,033 in 1860; now estimated upon tlio basis of 7 to
a voter makes 120.000.
Assessed value of property
was highest in 1874,
being then $78,295,114; in 1873 it
is $63,194,487. Rate oi taxation for all
city purposes
exclusive
of
erty in 1877
in 1877
$2 25
to Union
lowing figures give the assessed property valuation
Holyoke, Mass.—Bonds all coupon, hut can be
registered.
Sinking fuad, $12,000.
Total debt.
$96^500. Tax valuation, 1377, $9,399,820. Popula¬
tion, 1875, 16,260.
Indianapolis.—The assessment of taxable prop¬
was $55,367,215; taxes for that year,
$620,112, or a levy of $1 12 per $100. The bonds
RR. Transfer Stock Yard Co. are secured
by mortgage on the property. The School Board
is a distinct organization from the
city, created
by a separate act of the Legislature; levies its
own tax, which is collected
by the City Treasurer,
but is included in tax rates and amount above
given. There are a few other small issues, amount¬
ing in all to about $50,000.
cJersey City.—The total bonded debt of the city,
April 1, 1877, was stated at $14,737,450. The sinking
fund was $770,000. Assessed
valuation, 1877: Jersey
City, real $54,581,869, personal $6,0 3,150; Hoboken,
real $14,016,900, personal
$1,449,400; Bayonne, real
$5,183,255, personal $159,775. Population by State
census in 1875 was 116,883,
against 85,000 by U. S.
census of
1870.
(V. 22, p. 521.)
Lawrence, Mass.—Total debt, $1,79 ),700, of which
$20,000 are 7 per cents. No sinking fund. Tax
valuation, 1878, $23,789,000; rate, 1*50. Populatiou
1875, 34,916.
Lewiston, Me.— Total debt, $1,096,103; sinking
fund, $90,410. The railroad bonds were irsued to
build the Lewiston & Auburn
RR., which is owned
by the cities of those name!*. Assessed valuation
1877, $11,740,602; tax rate, 20 mibs on the $1.
,
was
loans
on
$100 in each district.
for the past nine years.
The fol¬
For 1870, $70,836,712; 1871,
$76,845,995; 1872, $77,156,642; 1873, $77,225,372; 1874,
$73,295,114; 1875, $75,536,812; 1876, $71,849,772; 1877,
$63,522,947; 1878, $63,194,487. In order that thisshriukage m values may be better understood, the?
following table is added:
1874.
1876.
Grounds* impr’ts.$62,218,922 3 56,380,964
Merchandise
9,696 40.*
8,061,150
Residuary
Personalty
5,664,930
714,860
6,897,733
509,9.5
1878.
$48,770,59$
7,213,601
6,614,321
595,969*
The Mayor in his message, May, 1S78. says that the
floating debt, Jan. 1, 1818. was $1,038,654, lese
$161,^*02 of available tax bills. He says a so: “I
deem it entirely appropriate to state here that the
bonded debt is re diy $315,000 less than the amount
above quoted, as the sinking fund has purchased to
date 297 6 per cent and 18 7 per cent bonds, in all
315 bonds of $1,030 each, which they hold as au inves ment.
This would in reality reduce the bonded
debt to $7,867,000. As assets agaiust this
liability
the city owns every share, except two, of the water¬
works; nearly $1,000,000 of gas st^cv. $1,003,000 of
Nashville RR. stock, at 40c., or $400,000; wbaf
property, #ct, &q,?*
CITY
X
Subscribers will confer
a
see
notes
on
Date of
Bonds.
Size
or
outstanding.
Value.
18G6 to ’67 $1,000
1873
1,000
1871 to ’73
1,000
1853 to’70
1,000
1868
1,000
1871
1,000
1868 & ’73
1,000
Re-constructing street
Public buildings and institutions
Public school and school houses
Sewer bonds
do
Elizabeth & P. Railroad
Wharf property
Jail bonds?... ?
For old liabilities
do
do
’54/62,3,8
293,000
134,000
86,000
605,000
500,000
107,000
350,000
n otes..
Large.
1.000
1862 to ’76 500 &c.
1857 to’67
1,000
Manchester, N. H.—City bonds
City bonds ($70,000 1884, $10,000 1885)
do
117,000
....
Water bonds ($100,000 each
year)
do
do
do
Sewer bonds ($8,000 1880, ’81, ’83, ’85)
Suncook Valley Railroad
Memphis, Tenn.—School and paving bonds
Post bonds
100 &c.
100 &c.
1,000
100 &c.
1867 to’68
1867, ’8, ’9 500 &c.
1870
1,000
Mississippi River Railroad
bonds.
Endorsement Memphis & Little Rock RR
Compromise bonds, coupon
Milwaukee—Re-ad j ustmeift bonds
General city bonds
do
"do
Water bonds, coupon
do
registered
1857
1877
1861
1871
1876
1872
1872
Minneapolis, Minn.—City bonds
60,000
300,000
900,000
242,000
7
1,000
10,000
429,000
1,171,000
250,000
7
7
8
8
8
10
8
70,000
50,000
60,000
124,500
110,000
1,000
500
500
500
Mobile— Funding bonds (act March
9, 1875)
NashHlle, Tenn — Nashville & Chatt. Railroad.
Various city bonds
1875
1849
1S70 to’77
Newark—Bonds, city purposes
(s. fund of 1850)
War bonds, floating debt, <fcc.
(s. fund of 1804)
Public echo ol bonds
Clinton Hill bonds, coup. &
reg. (s. fd. 3 p.c.).
1875
1878
Corporate bonds, coup, or reg.(act Apr. 21,’76)
Sewer and improvement bonds
(local liens)
Aqueduct Board bonds
cp. or reg. (act
Tax arrearage bonds
New Bedford,
Apl. 21/70)
1878
1870-’77
1861-’74
1875
Mass.—City bonds
City improvement
War loan
Water bouds
1,000
100 &c.
000
000
000
000
000
000
000
000
10
1
1
1
1870
do
1807 to’70
1872-’74
do
New Haven, Con n— Sewerage
City Hall
City railroad ($20,000 payable each year)
City bonds (10-20 bonds)
N.Orleans— Consol.debt ($050,000 pay’ble
y’rly)
Railroad debt
1877
1852
1854-55
1809
1809
Waterworks loan of 1809
1
x
$83,367.
Memphis, Tenn.—The city has been in default for
interest since Jan. 1, 1873. The total
floating debt
July 1, 1877, was $2,005,974 of which $735,420 was
and there
nominal assets
to balance this of $2,113,690.
were
(unpaid taxes, &c.)
The circular of July,
1877, urging the city cred¬
itors to accept the
proposition
had the follow¬
ing: “These new bonds are especially valuable,
1st, bee-use they and the coupons are made
receivable in payment of all taxes and
demands
of the city,
aud this feature is expressly made
a ’part
of the contract with the
bondholders;
2d It is part of the
contract, and irrepealable,
that the city shall not issue
any more bonds.
The animal levy of taxes for all
purposes will of
course exceed the amount cf the annual
interest
coupons on these bonds.
Hence the interest is
as>ured at all events, even if
by inevitable misfor¬
tune the city should fail to
pay the interest in
money. The proposition is to issue the new com¬
promise bonds in exchange for the present indebt¬
edness (including interest on
past due indebted¬
ness) at 50 cents on the dollar. For judgments the
Legislature authorizes the payment of 55 cents.”
To April, '78, $1,800,000 old bonds had been
funded.
Assessed valuation of real
estate, 1875, $19,329,600;
personal, about $6,500,000. Tax rate. $2 per $100.
Population in 1870, 40,230. (V. 23, p. 379; V. 21,
p.
387; V. 25, p. 114.)
8
7
6
6
6
6 & 7
6 & 7
7
7
6
7
7
700,000
646,000
7
179,600
6,7
400,000
1,000
valuation, 1878, $40,004,126; 1877. $39,345,266. Total
debt, #2,303,500. Population, 1875,49,6^8.
Lynn, Mass.-Total debt, $2,250,000.
Sinking
fund, $166,470. Tax valuation, 1870, $20,927,115.
Population, 1875. 32,609.
Manchester, N. //.—Total debt, $1,019,491; assets,
700,000
2,500,000
3,030,000
>00
000
000
>00
>00
000
.
the notes held
by savings
Water loan sinkimr fund,
$143,906. Tax
184,000
1,227,500
73,000
1,890,000
500,000
400,000
223,000
148,000
Seven per cent funding loan of 1809
Seven per cent funding loan of 1870
1870
Jefferson City (debt assumed)
’57,
’07/70
Wharf impr. bonds (assumed
by lessees)
1870
Street improvement bonds
1871
1 000
Consol, gold bonds (gen’l and
drainage series)
1872
1 000
Ten per cent bonds, deficit and
old claim
1871
Var OU8.
New premium bonds (in
exchange)
N. O. Waterw’ks Co. new bds.
(for $2,000,000)
Newton, Mass.—City bonds and notes
1864 to’75 l,000ifcc
Water loan ($000,000 Os. balance 5s)
1875
i
Lowell, Mass.—All
125,000
1,785,122
>00
>00
)00
1
1
1
1
1 000
1 000
7
115,000
-
100,000
200,000
499,000
60,000
200,000
150,000
4,382,250
775,000
295,000
697,300
438,150
J. & D.
6
6
5
5
6
7
7
6,
6
5
6
6
5
7
7
8
73
7-3
7 g.
98,000
410,000
30,000
221,000
379,000
10
11,211,210
5
•
1883 to ’89
July, 1898
June, 1901
1888 & 1903
1878 to 1898
Oct. 1, 1898
1889
•
•
•'
& J.
Charleston, S. C.
July, 1872
& J. N. Y., H. Talmadge & Co.
1907
& D. Milw. and N. Y., A.
Goettel.
June 1,1891
& J.
do
do
Jan. 1, 1901
& D.
do
do
June 1, 1896
& J.
do
do
Jan. 1, 1902
& J.
do
do
Jan. 1,1902
& D. New York, Park Nat. Bank.
Dec. 2, 1892
& A.
do
do
Feb. 2, 1894
& N.
do
do
May 1, 1905
Various
do
do
1881 to 1885
J. & J.
do
do
1886 to 1900
J. & J.
do
do
J u ly ,’91 -’96-1902
F. & A.
do
do
Feb. 1,1891 & ’9
M. & N.
do
do
Nov. 1, 1901
M. & N. Mobile, Mob.
Savings Bank
Nov., 1905
Various
New York.
1875-77-79
Various New York and Nashville.
1870 to ’96
Various
Newark, City Treasury.
1877 to’93
Various
do
do
1878 to ’91
A. & 0.
do
do
April, 1888, to’ 91
J. & J. Newark, Mecli. Nat. Bank.
July 1, 1895
F. <fc A.
Aug. 1, 1908
M. & S. Newark, Mecli. Nat. Bank.
1879 to ’93
Various
do
do
1870 & 1892
do
do
1908
F. & A.
do
do
1886-’87
A. & O.
City Treasury.
1879 to 1889
A. & 0.
do
1891 to 1910
A. & O.
1878 to 1884 •
A. & O.
1900 to 1904
A. & O.
1885 to 1909
A. & O.
1883 to 1909
A. & O.
City Treasury.
Oct, 1, ’91 & 1901
J. & J.
do
July 1, 1881
A. & 0.
do
Oct. 1, 1877 to ’86
J. A J.
do
July 1,1887-1897
J. & J.
New Orleans.
July 1, 1892
Various
do
1874-5 & 1894
J. & J.
do
Jan.
1, 1899
M. 6z S.
do
March 1, 1894
J. A D.
do
June 1, 1895
Various
do
1887 to 1897
J. & I).
do
Dec., 1880
F. & A.
do
Aug. 1, 1911
New York or London.
Q.-J.
July 1, 1922
A. & 0.
New Orleans.
J.
J.
J.
J.
J.
J.
J.
F.
M.
.
*
•
April 1, 1881
—
387,000 5, 6«& 0i2 Various
City Treasury.
5 ifc .6
& J. Boston, Comm’nwealtli
i J.
790,000
Milwaukee.—The city cannot issue debt
beyond 5
Population by State census,
1875, 101,000. (V. 23, p. 622.)
Minneapolis, Minn.—Total debt, $971,500; tax
valuation, 1876, $21,834,078; bonds all coupon.
Mobile.—The valuation of property in 1877 was
$11,022,049 real estate and $6,1-8,462 personal
property;
tax rate, 1 6-10 per cent. Interest was in
default
from July, 1873. A settlement with
bondholders was
offered by Act of March 9,
1875, viz.: $510 in 6 per
cent bond for
$1,000 of the old 8 per cent. The 5
per cent bonds have a lien on
city revenue, and
exchange for these was offered at 75 per cent of
their face.
Up to Jan., 1878, there had been
settled, of old bonds, all except $12,10) of old
bonds, A, B & C ; $56,6 0 of bonds D. E & F; $33.500 8s of 1871; $123,000 of Mob. & Gt.
Northern RR.
8s; $16,000 wharves 8s; $30,000 Mob.' & Ala. Grand
Trunk 8s; and $151,00.) Mob. &
Northwestern RR.
Also about $145 000 overdue interest on
these
A mandamus was issued from theU.S. Cir¬
issues.
cuit
N. Y., Bank of America.
do
do
Louisville and New York.
do
do
do
do
do
do
1886/ 96, ’97
July 1, 1903
1891, ’92 & 1903
J.
per cent of its average assessed value for five
years.
In 1876, valuation was
$38,743,422 real, and $14,931,763 personal property; tax rate in
1875, 2'.64 mills.
Sinking funds are provided for all the bonds.
There is also about
$47,000 scrip issued to settle
old railroad bonds.
8s.
Louisville, City Treasurer.
"
\
6
7
100,000
500
500
500
Various
Various
A. & O.
Louisville.
Due.
.
1,000
1,000
1,000
N. Y., Bank of America.
N. Y., Bank of America.
New York and Louisville.
Principal—When
Various
1880, ’94 & 1901
M. & 8.
N. Y., Bank of America.
Sept., 1891
F. & A.
do
do
Feb. 1,1880
J. & J.
do
do
July, 1901 & 1903
Various New York and Louisville.
1881 to ’93
Various
City Treasury.
1878 to 1894
Various
6, 6*2
do
1886 to 1894
6
M. & N. Boston, Bank
Nov. 1, 1890
Redemption.
6,7
Various
City Treasury.
1878 to 1890
Various
6,7
do
1878 to 1890
6
J. & J.
Boston, Bank Republic. July 1, ’91-’94-’96
5, Sis, 6 Various Treas’y & Bost. Bk.
1879 to 1896
Repub.
Various
5, 6
do
do
1882 to 1896
6
J. & J.
Jan. 1, 1880-1894
City Treasury.
6
A. & 0.
do
April 1,1884-’85
6
M. & N.
Suffolk Bank, Boston.
May 1, 1893
6
J. & J.
do
do
July 1,1890 &’95
6
J. & J.
City Treasury.
1887-’92-’97-1902
5
J. A J.
do
July
1,1880 to ’85
-6
F. & A.
do
Aug. 1,1879 to ’87
1873 to 1902
6
J. & J.
Memphis. *
1873 to 1900
6 g- M. & N.
Nov., 1900
350.802
1,000
do
341,000
Various
& J.
Various
Various
J. & J.
J. & D.
6
6
6
7
7
7
7
6
5 to 7
6
5
7
do
overdue interest,
1,300,000
500 &c.
Western division
do
do
banks.
\
1,000
1,000
?
Floating debt bds,
80,000
70,000
200,000
400,000
32,000
36,000
....
1874
1872
Funding loan, gold
City bonds
"do
Large.
1870-’3-’5
1871-’4-’6
•.
1,508,000
503,500
500,000
1.300,000
530,000
471,500
450,000
387,500
44,200
Where Payable and by
Whom.
J.
7
7
1,993,000
....
Water bonds
Funded debt
City Hall and School House
6
7
7
6
6
600,000
650,000
202,000
81,000
425,000
1868
1,000,.
1869 v
1,000
1870 to ’74
1,000
Louisville, New Albany & St. L. Air Line RR.
1871
1,000
Change of gauge, Louisv., Cin. & Lex. RR
1871
1,000
Roadbed
do
do
1871 to ’73
1,000
City bonds pay’ble by RRs.(mostly L.&Nash.) 1851 to’63 1,000
Lowell, Mass.—City notes
1852 to ’75 Large.
Water notes
?
1871 to’76 Large. Water bonds
1870
1,000
When
Payable
Rate.
$201,000
1,000
Lynn, Mass.—City notes
INTEREST.
AII1UUUI
par
first page of tables
Louisville, Ky.—(Continued)—
For improvement of streets
Wa ter
[VOL. XXVII,
great favor by giving immediate notice of
any error discovered in these Tables*
DESCRIPTION.
For explanations
SECURITIES.
Court, and the Auditor’s report says that
unscrupulous bondholders succeeded in grinding
out of the
poverty of oar people the satisfaction of
their claims.” Population about
38,009. (V.20,p.302.)
Nashville, Tenn.—At the close of the fiscal year,
Sept. 30/78, there wrere $301,135 of past-due coupons,
judgmems, overdrafts. &c.
The total debt was
$1,712,685, against $1,671,360 Oct, 1. 1877. Assessed
valuation of all property, about
$11,000,000: tax rate,
1878. 2
“
per cent.
Newark,—*The bonds in the first line in the table
1879 to 1895
Bk.
July 1, 1905
payable out of the sinking fund of 1859, which
to $113,663; those in second line out of
sinking fund of 1864, $ 1,013,623; public school bonds
out of public school
fund, $141,911; Clinton Hill
are
amounts
bonds by
sinking fund, $10,031;
tax
arrearage,
$165,000; against local improvement bonds the
city holds $^,074,513 of assessments unpaid and a
lien on the property.
Temporary loan bonds, Jan.
1, 1878, wrere $1,192,000.
Valuation of real and
personal property, 1876, $97,116 004. Tax rate for
all puimoses, 1877, $1 96
per $100, against $1 99 in
1876. Population in 1870, 105,059.
Ncio Beafoi'd, Mass.--Total debt, $1,250,600. No
sinking fund.
Tax valuation, 1870, $22,996,014.
Population, 1375, 25,895.
New Haven, Conn.—Total debt.
*939,000. Sinking
fund on City Hall loan,
$47,969 73. The city has
made a “ special loan” of $75,000 to the New Ilaven
& Derby RR
and “guaranteed” $225,000 of its
second mortgage bonds, on which the
city has been
obliged to pay the interest, and on #5u,000 of the
special loan. Interest advanced to the road, $82,890 .
Population, 1870, 50,840.
,
New Orleans.—A decision in June, 1878, holds
invalid the special tax p ovisions for consolidated
bonds. The floating debt, Jan. 1, ’78, was
$1,841,928.
The assessed valuation of
property for 1878 is
$111,123,695, real and personal. State'tax, 14j^ mills;
city tax, 15 mills; total tax, 29,#. A scheme for
settling the debt by a bond premium drawing plan
in practice, and
drawings take place January 31,
April ’.5, July 31, and October 15. Population in
1870. 191,418; in 1860, 138,670.
(V. 26, p.436, 617;
is
V. 27, p. 148, 228.)
Newton. Mass. -Total
ation,
,
debt, $1,262,054. Tax valu¬
rate, $13'81 per $1,0C0.
1878, $25,012,930;
Population, 1875, 16,105.
November 30,
CITY SECURITIES.
1878.J
sabaorlberii will confer
favor by
a great
giving Immediate
'
notice of any error
discovered In these Tables*
*
r
DESCRIPTION.
For explanations
see
notes
Size
Date of
Bonds.
par
first page of tables.
on
(
1841 to ’63
'
$100&c.
100
1872
1846 to ’69 100
100
1865-6
1870 to ’77 500
1871 to ’77 500
1865 to ’74 100
1866 to ’70 100
100
1869
&c.
&c.
&c.
&c.
$' ,414,000
500,000
2,900,000
250,000
3.614.600
4,615,000
970,637
&c.
&c.
&c.
490,000
&c.
450,000
1857 to ’59 100 &c.
3,341,071
1874
500
500,000
1877
500
24,000
100 &c.
1856
399,300
1858 to’71 100 &c.
3,849,800
1870-’78
500 &c.
6,270,000
1865 &’68 100 &c.
296,000
City Cemetery stock
1869
100 &c.
75,000
City improvem’t st’k (part red’mable after ’96)
500 &c.
1876
2,215,900
do
do
1870-’73
500 &c.
7.269.400
Lunatic Asylum stock
1869-’70
100 &e.
700,000
Fire Department stock
1869- ’70
100 &c.
521,953
Fire telegraph bonds
1870-’73
100 Ac.
597,586
Tax relief bonds
1869
100 &c.
2,767,000
do
do
coupon
500 &c.
1870
3,000,000
N.Y.Bridge bds ($1,500,000 red.after July,’96) 1869-’77 500 &c.
3,000,000
Accumulated debt bonds
1869-’70
100 &c.
6,500,000
Street improvement bonds
1874-’77
100 <fcc.
3,661,739
Street opening and improvement bonds
1871
100 &c.
1,000,000
Ninth District Court-house bonds
1871
500 &c.
300,000
Department of Parks improvement bonds.... 1874-’77 500 &c.
3,49S,000
Assessment bonds
1874-’78 500 &c. 12,646,000
City parks improvement fund stock
500 &c.
1871-’78
5,659,000
Normal school fund stock
1871
500 &c.
200,000
Public school building fund stock
1871
500 &c.
636,000
Additional Croton water stock
500 &c.
1871-’78
1,155,000
Sewer repair stock
1872
500 &c.
265,000
...
1862.34095781
Consolidated stock
1874
do
20-50 (redeemable July ’96;
Museum of Art and Natural
History stock....
Third District Court-house bonds
1876
1873-’76
1874
1877
1875-6
Armories and drill-rooms
Liquidation of claims and judgments
Central Park commission improvement bonds
1876
County Court-house stock
1862 to’68
do
do
do
do
Soldiers’
Soldiers’
Soldiers’
Soldiers’
No. 3
1871
1872
1864
:
No. 4 & 5
bounty fund bonds
500 &c.
500 &c.
500 &c.
500 Ac.
..
.
100 &c.
subs, and relief red. bonds
1864
100 &c.
bounty fund bonds, No. 3
1865
100 &c.
bounty fund red. bonds, No. 2
1865
100 &c.
Riot damages red. bonds
1864
100 &c.
do
~ indemnity bonds
1864 to ’72 100 &c.
Assessment fund stock
1868 to ’72 100 &c.
do
do
100 &c.
1873
do
do
100 <fec.
1875
Repairs to buildings stock
1870
100 Ac.
Consolidated stock, gold, coupon
1871 to ’72 500 &c.
Accumulated debt bonds
1869 to ’70 100 &c.
N. Y. and Westchester Co.
improvement bonds
1870
100 &c.
Consolidated stock
-.
1874
100 &c.
For State sinking fund
1874
deficiency
100 &c.
Debt of Westchester towns annexed
Norfolk, Ya.—Registered stock
100
Coupon bonds ($20,000 due ’94 are 6s J. & J.) 18 TO-’74
100
Trust & paving, coup, (pav’g, $189,300,
100
J.&J.) 1872-’73
Coupon bds, water (a mort. on water works.).
1871
100
Norwich, Conn.—City bonds
1868
1.000
City bonds
~
1877
1,000
Water loan ($50,000 1890,
$250,000,1898)... 1S68 & ’70 1,000
Court House
1875
1,000
Sin King fund bonds
:
1878
1,000
Paterson, N. J.—School bonds
1858-’73
500
Funded debt bonds
1862-’7.1
500
Improvement bonds
1869-’71
500
Sewer bonds ($125,000 are M. &
1809-77
S,)..
500
War bounty bonds
1863-’65
500
Funding bonds, “A”
1877
100 <fcc
Renewal bonds, “B”
1877-’78
500
.•
Philadelphia—Bonds prior
to consolidation
Bonds for railroad stock
subsidy subscript’us
do
do
do
do
do
for water works
for bridges
for park and Centennial
for war and bounty purposes
municipal, school, sewer, &c
Guaranteed debt, gas loans.
Sinking funds..
28,179,102
Net debt
91,452,211
22,371,400
6,104,844
$121,440,133 $119,167,415
31,080,007
30,813,488
90,360,126
88,353,927
21,329,500
20,939,500
Revenue bonds..
6,051,424
19,727,817
The population of New York
by the U. S. census
in 1870 was 922,531,
1860.
against 805,658 in
Since
Jan. 1, 1861, the valuation, rate of
taxation, and
net funded
Temporary debt.
lows:
debt at end of year, have been
Rea1
Year, estate.
estate.
$1,000.—,
State.
City.
174,624,306 3 62
3864.410,774,435
as
fol¬
r-Ratetaxp.
Personal
16
172,416,031 3 87. 13
191,967,161 4 27 16
223,920,505 5 31 17
181,423.471 4 96 24
257,994,974 3 94
276,389,451 4 67
285 199,972 6
281,142,696 2
305,285,374 2
306,947,233 4
306,949,422 5
292,597,043 5
13
72
70
43
20
41
....
1855
1855 to ’71
1859 to ’70
1868 to’70
1862 to *65
1860 to ’70
—
New York City.—The total debt of New York.
Jan. 1, 187$, was $148,821,057; the amount of
sinking funds 131,080,007. The following statement
shows the details of funded
debt, and the amount
in the city feinking
fund at the dates named:
Description.
Jan. 1, ’77. Jan. 1,’T8. Oct. 1, ’78.
Funded debt... .$119,631,313
19
22
20
,9
19
17
33
19
21
272,481,181 6 95
217,300,154 '—29 40
Net
debt.
$
36
20,087,301
45
21,695,506
08
26,185,190
29
33,769,601
94
'T3 35,973,597
06 a 33,654,683
p
03 «w
32,914,421
17
bfl 35,983,647
98 a 47,791,840
80 3 73,373,552
90 a 88,369,386
‘52
81
95,582,153
59 $ 106,363,471
05 j 115.187,969
218 626,178 '—28 00—'
206,028,160 ^—26 50-^
197,532,075 '—25 5C—'
^116,773,721
119,811,310
‘117,741,050
8,779.700
2,058,350
936,000
398,000
500 &c.
500 &c.
100 &c.
100 &c.
....
When
Kate.
Value.
New York—Water stock
Water stock
Croton water stock
New Croton Aqueduct stock
Additional new Croton Aqueduct
Croton water main stock."
Croton Reservoir bonds
Croton Aqueduct bonds
Croton water pipe bonds
Cent. Park fund"stock
($275,000 only due ’98)
Improvement bonds
Third Avenue improvement bonds
(23d ward)
Central Park fund stock
Central Park improvement fund stock
Dock bonds
Market stock
375,880
488,475
1,240,000
2,140,000
600,000
527.600
4,000,000
946,700
745.800
376.600
500,000
855,204
1.719.400
493,200
900,450
100,000
14,702,000
6,000,000
140,000
38,000
353,000
433,500
100,000
90,000
6,630,021
1,725,000
6.500,000
4,853,500
8.701.600
11,650,000
15,509,750
5.599.400
5, 6 & 7
5, 6 & 7
5,6,7&6g
r
M. &
M. &
M. &
M. &
M. &
M. &
M. &
M. &
M. &
M. &
M. &
M. &
M. &
M. &
M. &
M. &
M. &
M. &
M. &
M. &
M. &
M. &
&
&
&
&
&
&
&
&
&
M.
M.
M.
M.
M.
M. &
M. &
M. &
M. &
M. &
M. &
M. &
a
°
u
fa
rj
"a
ft©
© o
-C2
©"
^
s
g
1878, ’82, & ’88
O oO
1879 to ’82
1890
Nov. 1,1878 to ’82
Nov. 1,1878 to’82
1901-1904
Nov. 1,1891
Nov. 1,1891
Nov. 1,1891
Nov. 1,1882 & ’85
1894 to ’96
KS
tS
^©
© c3
Pi
©
© co
May,’97,1916-’26
oo
1903
Nov. 1,1890
1880 & 1881
>P
©•P
N.
N
N.
N.
July 1, 1879
Nov. 1,1878 to’80
1878 to ’92
1884 to’88
1894 to’98
1883 to ’90
1880 to’81
1895 to ’97
1891
1879
1882
1887
1903
1910
1884 to’88
1896 to 1901
1884 to’88
1891
1896
1879 to ’86
f3
|g
N.
«•§
N.
N.
N.
N.
N.
N.
N.
N.
N.
N.
N.
N.
J. & ij.
M. & N.
1889 & 1892
1889
1899
1884
1879
1890
1905 <fc 1926
1884 to’88
© ao
«
Q
W
c3
Pi
<3
©
r-H
•§
k
Pi
43
00
©
©
43
s
P
*6*
J.
6 & 8
8
8
7
5
6 & 7
7
5
7
7
7
7
7
6
-6
5 & 6
6
6
6
6
6
6
6
M.
A.
M.
A.
A.
J.
J.
A.
J.
J.
J.
J.
J.
J.
<fc'j. Norfolk, Treasurer’s
&
&
&
&
&
&
&
&
&
&
<fc
&
&
&
City Hall, by Treasurer,
do
do
do
do
do
do
I).
D.
I>.
D.
&
$95,582,153.
Then followed an almost entire change
of administration, and
many sincere efforts to econ¬
omize expenditures and diminish the increase of
the public debt. But such efforts were
only to a
limited degree successful, as the
following table
of its increase from 1873 to 1876 will show:
$116,773,724
119,811,310
The
outstanding assessment bonds (payable out
assessments on property benefitted) are
represented by advances to contractors, advances
of local
Boulevard work, and uncollected local assess¬
ments. The new consolidated 5 per cent gold
bonds,
for $6,900,00 \ were taken Oct., 1878, at 105*28
on
(V.
25, p. 17, 198, 358, 458; V. 26, p. 41; V. 27, p. 228, 252,
303.)
Norfolk.—The “Trust” bonds- due April, 1892,
do
do
do
do
do
do
’
do
do
do
do
do
do
do
&
&
&
&
as follows : 186-8
$35,983,647; 1869, $47,1870, $73,373,552 ; 1871, $88,369,3-6 ; 1872.
May, 1901
1893
1907
& 1900
1905
1908
Dec., 1878-1904
Dec., 1879-1900
Dec., 1878-1886
1882-1902
Dec., 1878-1900
June, 1887
1901-1904
Phila., Far. & Mech. N. B’k
&
<fe
&
dnring which period the aggregate debt of the city
1878 to ’85
Sept., 1890
Apl., ’92; July,’93
O. Thames N.Bk; Bost.,Bk.Rep
Oct. 1,
O.
Norwich,
April 1,
J.
do
Jan. 1, ’98
J.
do
Jan. 1,
o.
do
April 1,
Various
increased
Office.
S.
do
do
O. Norfolk, Cit. & Peop. Banks
N. New York, Park N. Bank.
D.
D.
do
do
do
do
do
do
do
1878 to ’85
1878 to 19C3
1878 to 1905
1883 to 1905
are secured by
deed of trust on city property.
Coupons of 1st scries are payable at Citizen*’ Bank;
coupons of 2d series at People’s National Bank.
Tax rate, $1 60; water tax, 40 cts., (special); total
rate, 2 per cent.
Philadelphia— The to'al funded debt, January 1,
1878, was $55,722,141; guaranteed debt, $5,999,400;
floating debt, $11,893,810. Sinking funds, $12,833,367.
Total disbursements of the city for 1877 were
$15,785,155, classified as follows: Judgments, &c.,
$609,182; interest on city loan, $3,761,968; interest
on city warrants, $652,181; sinking funds, $809,245;
warrants of previous years, $8,377,205; amount paid
on
loan warrants. $531,553; erection of public
buildings, $280,379;
$462,461.
cash for the
departments,
On Oct. 1, 1878, the Comptroller’s books
showed funded debt $61,104,441; floating debt,
$8,885,607; cash on hand, $2,491,648. The following
table exhibits the assessed valuation and tax rate in
the
city since 1871:
Real
Year.
Estate.
1872...
.
...
1873...
1874...
1875...
1876...
1877..,
1873...
1879...
There is
no
$502,415,863
518,234,568
539,003,602
565,849,095
585,408,705
593,313,532
536,988,097
526 539,972
Personal
Estate.
$8,608,819
8,9:30,700
9,239,933
9,434,873
10,004,673
9,755,000
..
Rate Tax
per $1,000
$20 80
21
22
21
21
22
21
50
00
50
50
50
50
8,059,8j2
large amount of city debt maturing
next four years.
in the
Assessed valuations of real estate
1879 are:
Full city property,
$431,533,599;
suburban property, $31,992,025: farm property,
$18,034,240.
Population, 1870, 674,022, against
565,529 in 1860.
for
’8
’89,’92,’96 & 1926
© oo
N.l
7
P
j-”
N.
N.
N.
N.
N
N
N.
N.l
M. & N.
1887 & 1895
Nov. 1,1901 to
1894 & 1897
1888
flj'O
N.
N.
N.
N.
N.
N.
M. &
July 1,1898
p
•£©
N.
6
was added to the debt.
From 1867-8 may be dated
the accession of the corrnpt administration known
as “the Ring” to fall control.
This dynasty con¬
tinued in power for nearly five years, uniil 1872,
114,979,969 11876
©
5
N.
N.
N.
N.
N.
N.
fg-
August
$106,363,471 j 1875
tao
Various
M. & N.
M. & N.
M. & N.
M. & N.
M.
M.
M.
M.
1907 to 1917
1907 to 1911
1880
1887 & 1898
1879
1880
O
Q.-F.
Q.-F.,
1, 1877, is given at some length in V. 25, p. 198.
Last report of Comptroller in Vol. 27, p. 252. Mayor
Ely, in his message Jan. 1878. remarked: From an in¬
debtedness of about $18,000,000 on Dec. 31, 1857, at
the expiration of tea years,
namely, December 31,
1867, the amount had increased to $32,914,421 26.
This covered the period of the war, during two
years of which, 1863 aud 1874, more than $12,000,000
1874
.a
Q.-F.
6 & 7
7
5 & 6 g.
7
6 & 7
6
6
7
7
5 & 6
7
5, 6 & 7
7
7
7
o
M. & N.
M. & N.
6g.,5,6,7
Aug. 1,1884
Aug. 1,1900
Noy. 1,1900&1906
A
M. & N.
6
& 7
& 6
& 6
& 6
5
5
6
6
7
5 & 6
6
6
7
7
6
6
6
6 & 7
6
6
1879 & 1880
Nov. 1,1902
1883 & 1890
00
Q.-F.
6
5
5
5
due.
«
6
7
6
7
5
5
6
5, 6 & 7
Principal—Wlien.
sS
5, 6 & 7 q!-f!
5, 6 & 7 M. & N.
6
Q.-F.
6
6
i
whom.
m: & N.
The tax rate for 1877 was
placed at $26 50, to
raise $29,178,940.
By an act of 1874 the towns
of West Farms, Morrisania and
Kingsbridge, em¬
bracing about 12,000 acres, were annexed to New
York. The report of Comptroller Kelly to
791 84 > ;
Where payable and by
payable
6 & 7
5 & 6
6
30.000
1,680,200
3.119.600
1,100,000
1,027,287
222,000
415.800
500,000
125,000
160,000
200,000
164,000
150,000
130,000
■
INTEREST.
Amount
or
xii
CITY
Subscribers will confer
a
favor by giving
great
DESCRIPTION.
For explan ations see notes
on
Date of
Bonds.
first page of tables.
Size
loan
Water loan ($50,000 each
year)
Water loan
do
Bounty loan ($21,000 each year)
Peoria & Rock Island Railroad
Pittsburgh—Water exten. loan (coup, or reg.)...
Funded debt and other
municipal bonds
Compromise railroad bonds (coup, and reg.)..
Bonds impr. Penn.av., &c. (local
assessment).
Portland, Me.—Loan to Atl. & St. Lawrence RR.
Loan to Portland & Rochester
Railroad
do
do
do
do
Portland & Ogdensburg
outstanding.
$....
•
*
•
.
•
....
....
....
1868 to’74
1845 to ’72
1863
1871 to’73
....
’68,:’69,’70
1,000
1867 to ’69
1872
1872
Municipal—proper
1852-75
Building loan bonds
1867
Providence, R.I.—Bonds for public improvein’ts
1855
Recruiting and bounty bonds
1863
Water loan bonds, gold,
coupon and reg
1872
do
do
do
1874
do
do
do
1876
City Hall & sewer loan b’ds, sterling, cp. or reg
1S75
Prov. & Springfield RR.
bonds, guaranteed..I
1872
Brook Street District notes
1877
Rochester, N.Y.—To Genesee Valley Railroad
To Roch. & State L. and R. N. & P.
Railroads.
For various city improvements
Water works loan, coupon and
....
•
registered
•
•
...
•
.
....
....
a
mm-
-
500 &c.
....
1,000
1000&C.
lOOO&c.
lOOO&c.
lOOO&c.
lOOO&c.
£100
1,000
1,000
1,000
lOOO&c.
Various
lOOO&c.
....
General purposes, gold
1872
1873 to ’76
1875
1875
Renewal, gold
..
Various.
Various.
1868
1870
1873
1873
.
Salem, Mass.—City debt
City debt
....
Water loan
do
Judgment bonds, coupon (gold)
Central Pacific Railroad, coupon
(gold)
Western Pacific Railroad,
d©
do
Judgment bonds,
School bonds
School bonds. 1
Park improvement bonds
do
do
Hospital bonds
House of Correction bonds
City Hall construction
Widening Dupont St. (Act March 4, 1870)
Peoria, III —Total debt, £636,500; tax
valuation,
1876, $14,574,105.
Pittsburgh.—Cash
valuation
885,000
2,072,000
461,000
300,000
1,180,000
100,000
500,000
600,000
550,000
2,300,000
500,000
504,815
59,210
263,125
200,000
100,000
100,000
100,000
112,000
300,000
1,000
1,000
500
500
500
500
500
500
500
500
500
500
500
500
6
6
6
6
6
6
6
6
o
1,074,000
707,000
100 &C.
1877
1858
L9»f) to’64
1864:
1865
1866 to ’67
1867
1870 to ’72
1874
1872 to ’75
1871 to’73
1874
1875 to’76
1876
6
6 g-
1,143,000
3,950,000
1,250,000
681,000
100 &c.
“*■
500,000
398,500
&c.
&c.
&e.
&c.
&c.
&c.
&c.
&c.
&c.
&c.
&c.
&c.
542,000
435,500
377,000
250,000
197,000
246,000
385,000
200,000
475,000
210,000
150,000
750,000
915,000
—
lease of said road to Erie
paying the interest
property,
166,000
1,000
1,000
....
San Francisco— Bonds of 1858,
coupon (gold)..
do
do
1876:
Reai
g.
g.
g.
g.
g.
g.
g.
Various
Various
F. & A.
Various
J.
& D.
A. & O.
Various
M.
M.
J.
J.
&
&
&
&
J.
J.
J.
M.
J.
J.
A.
M.
M.
M.
&
&
<fc
&
&
Railway Company after
out of said
receipts.
assessed, $48 000,0JO; personal,
Rate of tax, 1877, $2 per
$100.
Real prop¬
$2,(X'0.000.
sources, $61,917.
Portland, Me.—The sinking fund March 31.1878,
was $377,061.
The city is protected by mortgages
Joseph, Mo.—Population in 1870 was 19,565,
against 8,932 in 1860. Assessed valuation of
property,
$11,000,000; rate of tax, *23 mills. (V. 23, p. 135, 175;
V. 25, p 408.)
on
Atlan. & St. Lawrence, Portland &
Roches¬
ter and Portland &
Ogdensburg Railroads. As¬
sessed value of real estate in
was
1877,
$19,067,200;
(V. 24, p. 512.)
St.
fiscal year Sept. 30, 1878, was $2,793,300,
including
above Brook Street notes and $90,060
High School
notes. 1’he assessed valuations of all
property in 1878
were:
real
estate, $86,341,100; personal, $30,699,400.
Rate of tax, $14 50 per $1,000. The
sinking fund
for bonds due in 1885, $516,737;
sinking funds of
1893. $191,060; ’95, $120,803; 1900-6,
$103,224. Popula¬
tion by U. S. census, ’70,68,901; by State
census, ’75,
100,800. The laws of Rhode Island now limit the
debts of towns to 3 per cent of then assessed
valua¬
St.
Louis.—Pop illation by the U. S. census in 1870
310,864, against 160,773 in 1860. The city and
county were merged by law in 1877 and
city as¬
sumed the county bonds. In the
last fiscal year
resources were:
Balance April 11, 1877
Interest revenue
Municipal revenue collections
Special collections
Proceeds of anticipation
$691,272
l
;
notes..
Proceeds of renewal bonds
N.
N.
J.
D.
do
do
do
do
do
do
1878 to’89
1891
1879 to’91
1879 to 1906
1879 to’86
1880 to’83
Aug., 1898
do
do
1878 to’89
do
do
1879 to ’88
New York and St. Louis. June, 1887,
to ’90
N. Y., Nat. B’k Commerce.
April 1,1892
do
»
do
1891 to’94
New York or London.
Nov. 1, 1893
do
do
May 1, 1895
do
do
July 1, 1894
N. Y., Nat. B’k Commerce.
Dee. 10,1892
port to April, 1878: The liabilities appear as follows:
The bonded debt at the close of fiscal
year (April 9,
1876), was $15,996,000; the bonded debt of the late
county, assumed by the city. $6J59.000.
Other
liabilities—claim of St. Louis Gaslight Co. for
gas
furnished, with interest, $685,000. The sinking
fund is
as
follows: Assets of this fund at
mencement of the present fiscal
The resources available this fiscal
$110,000.
in old
com¬
year, $590,095.
year will be about
Assessed valuation of property in 1878,
limits, $159,354,840; in
new
limits, $14,416,-
400; total taxable valuation in city, $173,771,240.
Tax rate f or city
purposes in old limits, $1 75; in
new limits, $) 50.
(V. 25, p. 204; V. 26, p. 290, 359,
436; V. 27, p. 229.)
April 11, 1878..
322,416
725,000
351,000
$5,900,941
40,944
$5,859,996
Balance in
The
treasury April 10, 1871
St. Paul, Minn.—Population in 1870 was
20,030;
in 1875, by State
census, 33,237. Assessed valuation
of taxable
property, 1878, $23,061 COO, or about onehalf of the estimated actual value. Tax
rate 13
mills per $1.
,731,670
2,611.6i'9
$6,544,427
The expenditures were
Unpaid warrants ou hand
tion.
Rochester.—The bonds of Genesee Va1. RR.
loan,
$168,000, are provided for by net receipts from a
Nov., 1889
was
the
Providence, R.I.— The principal debt of Providence
has been created since 1872 for water
works, sewer¬
age and new City Hall. The floating debt at close of
1880 to’89
do
J. N. Y., Nat. Bk. Commerce.
1879 to 1881
J.
do ‘
do
1879 to 1880
J.
do
do
July 1,1887
S.
do
do
Sept. 1, 1883
D.
do
do
June, 1892
& J.
do
do
1893 to 1896
& O.
do
do
April 1,1905
A N.
do
do
May 1, 1895
& N. N. Y., Kountze
Brothers.
1878 to’90
& N.
do
do
1878 to’86
Various
do
do
1889, ’90, ’96
J. & D.
do
do
1888 &’98
J. & D.
do
do
1900
do
do
rr
1903
i
J. & J.
do
do
1898
5 & 6
J. & J.
City Treasury.
1879 to 1889
6
J. & J. Boston, Merchants’
Bank.
Jan. 1, 1891
6
A. & 0.
do
do
Apl. 1, 1883-1898
5
J. & J.
do
do
July 1, 1904
6 g. J. & J.
San Francisco.
Jan. 1, 1888
7 g- A. & 0.
do
Oct. 1, 1883
7 g. J. & J.
do
July 1, 1894
7 g. M. & N.
do
May 1, 1895
7 g. A. & O.
do
April 1,1881
7 g. A. & O.
do
Oct. 1, 1887
7 g. J. & D.
do
June1,1882 to ’90
6 g. J & J.
do
July 1, 1894
6 g. J. & J.
do
1897 & 1904
6 g. M. & N.
do
Nov. 1, 1891
7 g. J. & J.
do July 1, 1894
6 g.
do
1899
7 g- J. & J.
do
1896
defaulted April, 1877.
(.V. 24. p. 519,591; V- 26, p.
159, 181, 363, 471; V. 27, p. 68.)
do
Various St. Joseph and New York.
J. & J. N.
Y., Nat. B’k Commerce.
Various N. Y., Nat. Bank
Republic
Various
do
do
$377,061,769; personal, only $2,570,404,
according to Comptroller’s report; “Occupation,”
Rockland, Me.—Total city debt at date of Inst
$15,273,030. Sinking funds, $473,277. Tax rate,
1877, 2% mills. Population about 140,000. Interest report was *193,950. and $755,00j for railroads. Re¬
personal, $11,825,645. Tax rate, $25 per $1,000.
Population in 1870, 31,413, against 26,341 in 1860.
1878 to 1890
....
Various
7
6 g.
7
7
6 g.
6 g.
6 g.
6 g.
12 & 7
7
8
6
6
7
erty
in
Various N. Y., Amer. Exch. Nat. Bk.
M. & N.
10
6
6
6
336,000
346,000
500
Various
Various
Various
500 &c.
7
10 & 6
1,223,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
150,000
299,400
500,000
1,922,000
1,000
....
School bonds,
Due.
*■’
....
....
Renewal, &c., bonds, gold or sterling, coupon.
1874
Bridge approach bonds (gold)
1872
St. Louis County bonds assumed—
Renewal bonds, coupon
1867 to’71
Bonds to railroads, coupon
1853 to ’55
Insane Asylum
1867
County Jail
1868
Preferred bonds
8 per cent bonds
Lake Superior & Mississippi Railroad
St. Paul & Chicago Railroad
Public Park (Como.).
Local improvement
Whom.
....
500 &c.
100 &c.
1869
100 &c.
1871
100 &c.
do
1872
100 &e.
81. Joseph, Mo.—Bouds to St. Jo. & Den
City RR. 1860 to ’69
500
Bonds to Missouri Valley Railroad
1869
500
Bonds for various purposes
185S to ’69 100 &c.
Bridge bonds
1871
500
It. Louis— Renewal and
floating debt bonds
1846 to’71 Various
Real estate,
buildings and general purposes.. 1840 to’68 Various
Street improvement bonds
1851 to ’66 Various
Water work bonds (old)
1856 to ’58 Various
Tower Grove Park bonds
(gold)
1868
1,000
Sewer bonds
1855 to’69
1,000
Harbor and wharf bonds
1852 to’68 Various
New water work bonds
(gold)
1867 to ’70
1,000
do
do
do
1872
1,000
Renewal and sewer bonds
(gold)
1871 to ’73
1,000
Renewal purposes, gold or
sterling
1873
1,000
Renewal, &c., bonds, gold, $ and £
IS 75
Park bonds, coupon, gold
County bonds
8t. Paul, Minn— Revenue bonds
Principal—When
Payable and by
M. & N.
J. & D.
....
....
1875
Rockland, Mt.—City bonds
Railroad loan ($20,000 paj'able
yearly)
do
Where
Pay’hie
do
do
May 15,1879 &’81
195,000
do
do
June 1,1888
155,000 7,6g.&7 g Various
do
do
1889-1891
10
M. & S.
42,000
City Treasury.'
Mch 1,1882 & ’83
7
J. & J.
100,000
New York.
July 1, 1888
7
A. & O.
4,413,400
Philadelphia.
1893 to ’98
6 & 7
2,241,000
Various Pittsburg, Phila. & N. Y.
1877 to 1912
4 & 5
J. <fc J. New York, B’k of
2,179,469
America.
1913
7
5,028,800
Various
Philadelphia.
1883 to ’85
6
M. & N. Boston, Blackstone N.
787,000
B’k. Nov., 1886,’87,’88
6
700,000
J. & J.
do
do
July, 1887
450,000
do
do
July 1, 1897
1,350,000
M. & S.
do
do
Sept. 1,1907
5 & 6
1,815,900
m’ntlily
Boston and Portland.
1877 to ’95
6
405,000
J. & D.
do
June 1,1877 &’87
6
600,000
M. & S.
Providence.
Sept., 1885
5
300,000
J. & J.
do
Jan., 1893
2,000,000 5 & 6 g. J. & J. Boston, Prov. and London.
Jan., 1900
2,000,000
5 g. J. & J. N.
Y., N. City Bank, & Prov.
Jan., 1900
5 g. J. & J.
1,500,000
do
do
July 1, 1906
5 g. J. & J.
1,397,250
London, Morton, Rose & Co
July 1,1895
7
500,000
J. & J.
Providence.
1892
5
700,000
M. <fc S.
Treasury.
Sept. 1,1880-’84
7
168,000
J. & J. N. Y.,
Metropolitan N. Bk.
1879 to 1903
7
750,000
F. & A. New York and
Rochester.
1893
&
6
961,686
7
Various
do
do
1878 to 1902
7
3,182,000
J. & J.
N. Y., Union Trust Co.
Jan. 1,1903
410,000
do
do
1905
5 & 6
193,950
3emi-au
City Treasury..
1879 to 1897
400,000
6
J. <fc J.
Boston, First National Bk.
1880 to 1899
6
F & A.
150,000
do
do
1891
6
*205,000
M. & S.
do
do
1892
6
&
431,500
7
Various N. Y., Nat. B’k Commerce.
....
....
7
10
7
100,000
....
When
Rate.
$94,500
....
..
INTEREST.
Amount
or
Value.
...
[VOL. XXVII.
immediate notice of any error discovered
in these Tables.
par
Peoria, Ills—School
Funding loan
SECURITIES,
$684,431
Comptroller gives the following in his
re¬
Salem, Mass.—The sinking fund amounts to
$173,063, and the bonds are valued at par; $1,146,000 of debt coupon;
balance registered; total,
$1,452,678. Population, 1875,25,958. Tax valuation,
1875, $26,312,272; 1877, $25,810,600.
San Francisco.—Population by
the U. S. census
of 1870 was 149,482, against
56,802 in 1830.
Real
estate for the fiscal year
ending June 39, 1878, i*
assessed at $190,221,003; personal
041,340.
property at $70,About $54,000,000 of mortgages are now
Sinking funds raised
omitted from assessment.
annually amount to $263,500. Tax rate in 1S77-8 to
$1 60 per $100, for city and County purposes.
November 30,
CITY SECURITIES.
1878.]
Subscribers will confer
a
great favor by giving immediate notice of any error discovered in these Tables.
DESCRIPTION.
For explanations see
Date of
Bonds.
notes on first page of tables
Savannah, Oa.—Construction of waterworks..
Improvement of Savannah River
Savannah, Albany & Gulf Railroad
Funding coupons and other purposes
l
Redemption of bonds
do
Bonds for
do
city improvements
Harbor, &c., improvements
floating indebtedness
Somei'ville, Mass.—City debt
City debt
;
For
5
1853
1853
1853
1866
1869
1870
1870
1872
1873
....
•
•
•
....
....
do
$155,000 J.&J.)
Springfield, Mass—City notes
City bonds
Size
$500
500
500 &c.
100 &c.
1,000
500
1,000
1,000
500 &c.
Large.
Various.
Large.
Various.
«...
Large.
....
lOOO&c.
....
....
....
....
Water loan ($200,000 are 6 per cents)
Railroad loan
Railroad notes
Toledo, O— Gen’l fund and deficiency bonds, cp.
Toledo & Woodville Railroad, coupon
1870
Various City purposes, coupon
1859-’65
do
do
do
1859-’74
do
do
do
1869 & ’76
Water works
1873 & '74
Short bonds, chargeable on special assessm’ts 1874-’77
....
....
’70/71,’’76
Large.
Large.
Large.
1,000
1,000
1,000
Large.
....
.....
....
....
.
Worcester, Mass.—City debt, coup, and regist’d.
City debt, registered
do
do
(5 pieces, $100,000 each)
do
($248,000 reg., $552,000 coupon),
do reg. ($160,000 J.&J., $100,000 A.&O.)
Sewer loan
Water loan
($92,000 are J.& D., balance J.&J.)
($315,900 reg., $84,000 coup.)
or
par
Value.
•
do
do
do
Park & wat’r ($170,000A.&O.;
Water loan.
xlii
«...
....
....
.
-
-
-
•
....
....
....
7
64,500
937,500
368,800
117,000
349,500
534,000
500,000
400,000
7
7
65,000
461,000
165,000
115,000
140,854
200,000
325,000
320,000
137,000
217,000
1,200,000
300,000
45,000
544,500
453,000
42,355
594,500
90,000
1,000,000
723,300
49,000
Large.
170,000
500,000
800,000
260,000
229,200
399,900
...
.
500 &c.
Various.
500 &c.
Rate.
$198,000
Large.
500 &c.
INTEREST.
Amount
outstanding.
7
7
7
‘
7
When
Pay’ble
F.
M.
J.
J.
M.
J.
M.
J.
J.
A.
A.
J.
.
Principal—When
Where Payable, and by
Whom.
& A.
& N.
New York and Savannah.
do do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
& D.
& J.
& N.
& J.
Due.
Feb.,
Nov.,
Dec.,
Feb.,
Nov.,
June,
Nov.,
1878
1883
1888
1886
1879
1890
1900
& N.
7
& J.
Jan. 1 1902
7
& J.
July 1, 1903
7
& 0. Boston, Nat. Security Bank Oct. 1, 1878-’79
& O.
6*2
do
do
April, 1879 to ’84
& J.
6*2
do
do
July 1,1880 to’84
6
Various
do
do
Oct.’81-’4,July,’85
Various
5*2
do
do
July, '84, Apl.,’95
5
Various
do
do
Apl., ’95, July, ’96
Various
6*2
do
do
1881 to 1884
532,6,6*2 Various
do
do
1880 to 1906
Various
5*2, 6
1879 to 1884
City Treasury.
6
Various Boston, First National B’k.
1878-1890
6 & 7
A. & 0.
do
do
Apl. 1,’94, to 1905
7
A. & 0.
do
do
Apl. 1, 1879-1893
6 '
Various
1879 to 1881
City Treasury.
8
A. & O. N. Y., Imp. & Trad. N. Bk.
1878 to ’88
73
M. & N.
do
do
May, 1900
6
F. & A.
do
do
1878 to ’84
8
Various
do
do
1878 to ’89
7
Various
do
do
1878 to’86
8
Various
do
do
June,’93& Sep.,’94
7 & 8
Various
do
do
1878 to’82
5 & 6
J. & D.
City Treasury.
1879-1884
7
A. & O.
do
Apl. 1, 1879
6
J. & J.
do
Jan. 1,1881
6
A. & 0. C. Treas.&Bost. Mclits.’ Bk.
April 1, 1892
5
Various
City Treasury. ■
1887, ’88 & 1905
6
Various
do
do
1879 to 1881
5 & 6
Various
do
do
1879 to 1906
>
Savannah, Oa.—Default was made on interest due
Nov. 1, 1876, in consequence of yellow fever and
non-collection of taxes.
The compromise now in
progress is given in V. 26, p. 625, by which new
cent bonds are to be exchanged for the face
of old bonds; and for interest up to Feb. 1, 1879, 58
per cent of the face value in similar bonds.
Assessed value of real estate, $14,000,000: per¬
sonalty, $4,200,000; tax rate, 1}£ per cent. Popu¬
lation in 1870, 28,235, against 22,2)2 in 1860.
(V.
26, p. 18, 626; V. 27, p. 122. 173.)
5 per
Somerville, Mass.—Total debt, $1,771,854; sinking
fund, $45,131; tax valuation, 1876, $26,573,400. Ex¬
cept $140,000 5s in $1,000 pieces, all bonds
$2,000 to $50,000 pieces.
are
in
Toledo—'Total debt, Jan., 1878, was $3,778,849. Of
this the debt payable by special assessments was
$723,300, and the certificates of indebtedness, $102.200. Taxable valuation of property, 1877, $19,538,720;
tax
Springfield, Mass— Total debt, $1,946,611 ; cash
assets, $303,989. The railroad debt falls due $20,COO
each year.
No registered bonds. Tax valuation,
1870, $25,514,060; 1876, $35,10.0,456; 1877, $30,697,776.
Rate, 1*32. Population in 1875, 31,053.
rate, $319
per
$100.
Worcester, Mass.—'Total
$1,663,800;
including
coup.,
$743,300.
debt,
$2,407,100-reg.,
Cash assets, $150,180,
$44,352 sinking fund.
Population,
49,317 in 1875. Tax valuation, 1870, $34,018,450 :
1878, $41,969,748; tax rate, 1‘54.
/
XIV
RAILROAD STOCKS AND BONDS.
Subscribers
will confer
a
great favor
by giving immediate
DESCRIPTION.
Miles Date
For explanation of
column headings, &c., see notes
of
of
on tirst
page of tables.
Road. Bonds
Alabama Central—(Selma &
mort—
Ala.dtGt.Soulh'n.— Receiver’s Merid.)—1st
certilic.of Ala.ACkatt
lstmortgage, new, (for $1,750,000)
r
Albany & Susquehanna—Stock
1st
mortgage
Albany City loan (sinking fund, 1
2d
mortgage
3d
mortgage, sinking fund
per ct.
yearly).
Consol, mort. (guar. D.
AUeghany Valley—Stock AH.) coup., may be reg...
General mortgage (Riv.
Div.)
Bonds to State Pa.
(endorsed) 2d mort., East ext.
1st mort., East’n
Extern, guar, by Pa. RR
Funding income bonds, with
traffic guarantee.
Atchison <&
Nebraska—1st mortgage
Atchison, Topeka <£• Santa Fe—
1st mort., gold
Land grant
mort., gold, (2,289,186 acres
unsold).
Consol, bonds, gold.
...
Notes
Land income
bonds, 5
Value.
1871
$....
296
201
142
142
142
142
142
262
132
110
110
262
1878
i,000
i863
1,000
100
1876
1,000
i860
1,000
1878
Pottawattomie bonds
Wichita A Southwest, (contingent)
(leased) 1st M., gold, guar..
i 8*7*2
Kans. City Top. A
West., (leased,) 1st M., gold—
1875
Pueblo A Ark.
Valley, (leased,) 1st M., gold
Pleasant Hill A De Soto
1877
Florence Eldorado A W. (leased), 1st M., gold—
(leased), 1st mort., gold.
New Mexico ,A So.
1877
1st
Pacific,
Atlanta <6
gold
1878
Charlotte—New pref. mortgage,
mort
265*s> 1877
Mortgage bonds
Atlanta <& West
265*2
Point—StocK
87
Atlantic dc Great
Western—Stock
(total
567
$40,000,000)
Preferred stock
1,000
1,000
1,000
1,000
500
1,000
1,000
—
Old 1st
567
do
($12,000,000)
do
($29,000,000)
Leased lines rental
gold bonds (Cl. A M.)
do
do
(P. P., P. V. and S. & A.)
Western
460
460
460
3d
do
Extension certificates (Cl.,
Col., Cin. A I.)
do
do
bonds
Atlantic & Gulf— Common
stock
Guaranteed stock
Consolidated 1st
mortgage
Sav. Albany & Gulf
RR. mortgage bonds
Southern Georgia &
Florida, 1st mortgage
do
do
Atlantic, Miss, d■ Ohio—Stock, 2d mortgage
(com’n, pref. & guar.).
1st mort.
consolidated, gold (for $15,000,000)
2d
do
do
Virginia &
do
do
do
Atlantic
.
3d
do
-
1.871
1871
1857
1857
1868
1866
1866
1S66
1854
1865
do
do
<£• St.
Lawrence—Stock, currency
Stock, sterling
Portland city bonds, 1st
mort.,
2d
mortgage, sterling, 5-20 yearssinking fund
3d
do
do
do
Sterling bonds, not mortgages
Augusta <£• Savannah—Stock
Bald Eagle
Valley—1st mort., s. f.($5,000
2d
mortgage ($5,010 per year)
Baltimore <6 Ohio—Stock
1869
150
1871
150
53
1853
per year).
500
100
500 Ac
500 Ac.
500 Ac.
1,000
1,000
200 Ac.
200 Ac.
1864
595
100 &c.
100
£100
1,000
£100
£100
£100
100
100 Ac.
1,000
100
100
100
"30
1850
1853
i 1870
! 1855
i 1874-5
do
1870,sterling. £800,000, sink, fund
Baltimore loan, 1855-’90,
sink, fund
.
Debentures, sterling
Sterling mortgage, sinking fund
Sterling mortgage; sinking fund
1872
Purchase of Connells v. RR
(payable $40,000 y’ly )
Loan., ster., (s. f, £7,.~ 00) lien
on
Chic, line bonds
Alabama Central.—In default since
January, 1872.
new
adjustment, and a
ing. (V. 27, p. 40.)
Alabama & Great
Negotiations pending for a
piece of new road now buih
Southern.—Alabama A Chatta¬
nooga reorganized. About.
$450,000 of the receiv¬
er’s certificates are
disputed. (V. 25, p. 40, 180;
V. 26, p. 17, c,9, 84,
SG4; V. 27, p. 67,
85, 121.)
Albany & Susquehanna.—This
150
road was leased for
years from 1870 to Delaware A
Hudson Canal
Co., at 7 per cent
per annum, on stock and bonds.
Important change in terms made in 1876.
Consol,
mortgage is for $10,000,0 0, of which
is
$3,450,000
to retire old
bonds, and balance for a part of old
stock and to lessee for
improvements, which up to
April, 1876, were $1,978,672.
(V. 22, p. 399, 495; V.
23, p. 101, 427; V. 25, p. 615.)
road
embarrassed in
1874, and compromised with creditors.
Net earn¬
ings in 1877, $1,144,971. Of income
bonds, $2,351,400 are held by
individuals, and pay interest in cash
when earned;
*3,8t;9,000 held by railroads draw
was
interest in bonds. Abstract of
operations m 1876
and 1877 in annual
reports, V. 24, p. 4»3, and V.
26, p.493. (V.
27, p. 356.)
Atchison d& Nebraska.—Gross
earnings, 1876,
$410,225; net, $47,147; unpaid
coupons to Jan., 1877,
$1,050,000.
Plan of
V. 25, p. 510,
by which $1,125,000 re-organization,
bonds and $3,337,000 stock
were given for old
bonds and overdue
coupons.
(V. 22, p. 399; V. 24, p.
442; V. 25, p. 510.)
Topeka & Santa Fe.—Capital stock
Net earnings,
1877,
$1,219,601; see
annual report, V.
26, p. 468.
Coupons of 1S77.
on
notes of 1882, paid half in
cash and half
in scrip due
1882.
The extension of
leased
lines and new roads
building in lb?8 are refer ed
to in V. 27, p. 15.
The K C. T. A W. is
leased
at 30 per cent of
gross earnings,
rising to 34
per cent in 1880 and thereafter.
Denver A R!o
Grande leased (see V.
27, p. 431). (V. 25, p.
i 8*6*1
51
51
Loan,1853
Atchison,
$8,615,000.
1868
1864
150
Loan,1850
Alleghany Valley.—This
1,000
1,000
1,000
1,000
Var’us Various
150
150
150
Preferred stock
Washington branch
500 Ac.
500 &c.
500 Ac.
1869
4tli mortgage
Registered certificates....
Interest funding bonds....
do
do
100
100
100
1868
Petersb’rg
Tennessee—Enlarged
mortgage
do
1871
1872
1873
1873
1867
mort. to the State
(no interest till 1880)
Petersburg—1st mortgage
do
do
1st
do
do
do
2d
do
South
guar.
do
do
|
1871
1,000
1,000
’ioo
Norfolk A
Side—1st pref. consol.
M.,
do.
2d
do
1871
i
380; V.
Ac.
&c.
&c.
500 &c.
263
1874
1875
1877
Cent.
Payable
J.
700,000
335,000
1,125,000
7,041,000
3,366,000
3,389,000
466,411
480,000
425,000
412,000
'500,000
11,989,680
28,783,000
5,355,000
3,568,000
2,060,000
1.748.500
A
A
A
A
A
A
A
J.
A J.
4,000,000
306,000
157,000
458,000
4,970,680
787,000
1,500,000
713,000
484,000
1,022,900
336.900
100,000
14,216,800
4,599,578
1,650,000
579.500
1,710,000
3,146,956
3,041,579
9.346.500
,
.
880,000
8.000,000
Atlanta & Charlotte.—The Atlanta A
Richmond
Air-Line was sold in foreclosure
1876.
(V. 23, p. 378, 575; V. 24, p. 180, 20December,
5, 369.)
Atlanta
West Point.—Gross
$321,140, in 1876-7, $511,158; net earnings, in 1S77-S
earnings in
$145,435, in 1876-7, $106,949. There are 1877—S,
$83,000
bonds outstanding.
(V. 25, p. 137; V. 27, p.
121.)
Atlantic & Great Western.—This road was
leased
to the Erie for 99
years from May 1, 1874, but
the
lease
was
contested.
Shortly after (in
July, 1874) default was made on its bonds. Pro¬
ceedings looking to re-organization are in progress,
and a considerable amount of
securities has been
deposited by holders with the London Committee.
There has been
liligation as to postponing the pay¬
ment of the old
Ohio Division bonds.
In Jan.,
per bond was paid op the
coupons
of Jan .
1876, of the leased line rental bonds or
1872.
Gross
1878, £4
earnings in
1877, $3,973,278; net income over
rentals, Ac., $154,170.
(V. 25, p. 16, 334, 519,
591, 640; V. 56, p. 66, 93, 214, 444.)
Company also has
of old sectional mort. bY.s
outstanding;
$334,000
$500,000 10
Ker
cent and
coupon
notes;Bainbridge
$45,000 Junction
Branch RR.
onds,
$5!,500
Ext. bonds. Inter¬
sectional mortgages,
prior liens to the
consolidated, i9 paid by receivers, and on consoli¬
dated bonds 6 mos. in arrears. In
New York, July,
’77, $1.000,0002d mortgage bonds, held as
collateral,
were sold at auction at
5>£@6>£. (V. 22, p. 469;
V 24, p. 39, 181, 203, 3 6 8; V.
25, p. 57, 407; V. 27,
p. 538.)
Atlantic, Mississippi <fe Ohio.—Gross
earnings
year ending June 30, 1878,
$1,781,710; expenses,
$1,351,575; net earnings, $430,133. The divisional
bon’s matured and
maturing up to July, 1880,
have been extended for ten
years by order of the
July 1,1878
July, 1888
Nov., 1895
Oct., 1885
May, 1881
April 1, 1906
April 1, 1910
Oct.
Mar.
Boston,
1, 1894
1, 1908
July, 1899
do
do
do
do
do
do
do
do
do
do
do
Oct.
1, 1900
1903
1879 A ’82
Jan. 1,1883-’88
Nov. 1, 1879
July 1, 1902
July 1, 1905
1905
1907
1907
1908
New York, Office,
do
April 1,1897
Atlanta, Ga., atTreas’y.
Jan. 1,1907
Aug. 1, 1878
Oct.
1, 1876
1902
Jan.,
Sept.,
Nov.,
Jan.,
Jan.,
July 1,
1902
1902
1902
1903
1876
Savannah.
N. Y.,
Perkins, L. A Post
do
do
do
do
July, 1897
1879
•
Nov.
1, 1888
May 1, 1889
A. A O. N. Y., First Nat. Bank.
8
684,000
621,000
452.500
990,000
969,000
84,190
226.900
28,600
£200
London
O. New York and London
J
do
do
S.
do
do
N.
do
do
J.
do
do
J.
London, Co.’s Office,
J.
do
do
M. A N.
!M. A N.
7 g.
or
Pittsburgh.
Boston, at Office.
J.
O.
O.
J.
J.
A.
J.
M.
M.
J.
J.
J.
i908
Jan. 1,
i.896
Harrisburg, Treasury. $100,000 y’rly.
Philadelphia
3.693.200
782,976
26, p. 367. 468, 460, 522, 574; V. 27,
p. 15, 40, 217,
on
A T. Co
J. N. Y., B’k of
Comrfterce.
J. N.Y.,Del.
AHud.Can.Co
N.
do
do
O.
do
do
N.
do
do
O.
do
do
A. A O.
J. A J.
J. A J.
Oct* * 1,* *1901
A J. N. Y., Perkins*’L. A P.
Jan! * 1,* 1877
A J.
do
do
Jan. 1, 1877
A J.
do
do
July 1, 1893
A J.
do
do
Jan. 1, ’84-’90
A J.
do
do
Jan. 1, ’84-’90
A J.
do
do
Jan. 1, ’86-’90
A J.
do
do
July 1, 1884
A J.
do
do
Mch. 1, 1900
A J.
Lynchburg Office.
Jan. 1, 1875
A J. N. Y., Perkins,
L. A P. July 1, 1880
A A.
Portland.
Aug., 1878
A S. London, Gr. Trunk Rw.
Mch. 15, 1878
A N.
Portland.
A O. London, Gr. Trunk Rw. May 2, 1886
Oct. 1, 1884
A N.
do
do
Oct. 1, 1891
A N.
do
do
Nov. 1, 1878
A D.
Savannah.
Dec., 1878
A J. Pliila., Farm. A M. Bank
July 1, 1881
A J.
do
do
July 1, 1884
A N.
Baltimore Office.
Nov. 25, 1878
A J. Balt., Merchants’ Bank.
July 1, 1878
A O.
Baltimore Office.
Oct. 16,1878
A J. Balt., Merchants’Bank
1880
A O.
Baltimore Office.
1885
A S.
London.
1895
A J.
Baltimore Office.
1890
A J. London, Naylor A Co.
|jan. 1, ’80 A 81
A S.
London.
Mch. 1, 1902
A N. 1 London,
Speyer Bros.
1910
A J.
Baltimore.
1879-1900
A D. ILon., J. S.
Morgan A Co. June 1, 1927
Court, and
280, 303, 382, 407, 434, 513.)
est
June, 1901
N.
J.
J. & J.
J. & J.
A. & O.
A. & O.
4,250,000
1.232.200
24,795,298
9,876,250
2,416,300
15,165,200
Dividend.
AJ. N. Y.; Winslow, L. A Co.
March 1,
&
A
&
&
J. &
M. &
J. &
1,719,000
120,000
310,000
Stocks—Last
J.
&
&
&
&
&
&
J.
A.
A.
J.
854,000
pal, When Due.
& J.
A. & O.
A. & O.
M. & S.
6,220,400
Bonds—Princi¬
Payable, and by
Whom.
Jan’ary
10,000,000
2,074,000
8,857,352
Atlantic <& Gulf.—The
When
*AJ. N.Y.,Farmers’ L.
253,000
1,666,000
300,000
464,000
200,000
6,921,900
5,470,000
in these Tables.
J.
J.
J.
M.
A.
M.
A.
2,000,000
£200
£100
£200
When
1,595,000
2.166.500
4,000,000
3,200,000
50
&c.
Outstanding
discovered
INTEREST OR DIVIDENDS.
Rate per|
3,500,000
1,000
1,000
100
100
500
500
Amount
1,000,000
933,000
500 Ac.
1870
1871
1874
1878
1869
1870
notice of any error
$1,600,000
1865
1865
1869
to 10 years
mortgage bonds, Ohio Division
1st general
mortgage ($18,000,000)
2d
do
or
Par
81
149
470
'
Size,
[Vol. XXVIL
new sheets of
coupons are issued to the
Interest on the divisional bonds is
two or three months aft'r it falls due.
holders.
paid
A
final
decree
of
sale
under
the
consolidated
mortgage is expected in Jiinu ry, 18.9. A scheme
of re-organization
approved by the consolidated
mortgage bondholders (mostly in
London) will
probably be carried out. (V. 25, p. 261, 532; V.
26,
p. 141, 242, 444, 522; V. 21, p.
40, 67, 251, 2 7 9 434,
,
461.;
Atlantic & St. Lawrence.—Leased for 999
years,
from July, 1853, to Grand Trunk
of
Canada. Annual rent, 6 per cent on Railway
bonds and
stock.
Voted to issue stock to pay bond > due 1S7S.
(V. 27, p. 147.)
Augusta & Savannah— Leased to Central of Geor¬
gia for $73,000 per annum; has surplus fund of
about $50,000.
Bald Eagle
Valley.—Leased
to Pennsylvania Rail¬
cent of gross receipts. In 1877
gross
earnings were $136,962. The Pennsylvania Railroad
holds all the 2d mortgage bonds.
Holders of let
mortgage are «sked to exchange them for new 30
road at 40 per
year
bonds.
(V. 27,
p.
486.)
Baltimore & Ohio.—The amount of stock as above
includes scrip dividend of
Nov.,’78. Annual report
for 1877-8 in V. 27.
p. 535.
The gross earnings of
the “Main Stem,’*
Ac., and financial condition of
B. & O.'Co. for five years
were as follows :
Gross
Net
Stock and
Earnings.
Debt.
Earnings.
1877-8
1876-7...
1875-6..
1874-5...
$8,563,956
8,262,045
..
1873-4..,.
9,632,361
10,514,178
11,693,955
earnings of the
The gross
187.7-78
in
were
$4,039,611
3,656,893
4,215,554
4,332,206
5,018,060
*.
47,311,000
47,173,000
45,876,000
main and all leased lines
$13,765,279, and net earnings,
$5,995,978, includmgjearnings of Pittsburgh Division.
Div. of 25 per cent on Wash. Branch
stock in June,
1878. (V 25, p. 62, 107. 5
09, 532; V. 26, p. 289,
367, 598; V. 27, p. 67, 535.)
November 30,
RAILROAD STOCKS AND BONDS,
1878.]
Subscribers will confer
a
great
favor by giving immediate notice Of
any error discovered, in these Tables*
DESCRIPTION.
,
Miles
Date
For explanation of column headings, &c., see notes
of
of
on first page of tables.
Road. Bonds
Baltimore d Ohio—(Continued)—
Northwestern Virginia, 3d mortgage, 1855-85
Bonds to State of Maryland
Baltimore d Potomac—1st M (tunnel)
1st
mort., gold, tax free,
f. 1 p. c.
s.
cent
.
(guar, by C. & A.)
3d mortgage bonds of 1857
(
do
do
)
Consol, mortgage of 1876
21
....
321
....
....
....
38*2
151
29
43
Bonds
....
Equipment
notes
N. Bedford Railroad bonds
.
($400,000
are
7s)
new
-
...
....
d Montreal—Preferred stock
Com. stock (for old dividends &
Sinking fund bonds ($654,000)
166
stock)
Consolidated mortgage bonds (for $2,000,000)....
ieo
Boston d Lowell—Stock
Mystic wbarf purchase bonds
Bonds
Bonds
New bonus
Boston d Maine—Stock
82
....
....
....
.....
Boston d New York Air-Line—1st
mortgage
Boston d Providence—Stock
A.
Bonds to purchase branches,
coupon or registered
Ten year notes for $800,000
Buff.,Brad.dPitts.—Gen. M.,(incl. 10,000
...
52
66
ac. I’d)....
142
140
121
121
367
281
...
....
40
d Missouri in Nebraska—Stock
mortgage, convertible, land grant
)
Bonds, convertible till Jan., 1882
1
Consol.mort.for $14,000,000, s. f. $30,000
191
Omaha & S. W., 1st mortgage, guar
J Jei°*
Republican Valley RR., 1st mort., exchangeable
Burl, d Southwest.—1st
mort., cp., maybe reg
Cairo d St. Louis—1st
mortgage
Cairo d Vincennes—1st
mortgage, gold
California Pacific—1st mortgage, gold
2d mortgage, endorsed
by Central Pacific
3d mort., guar,
by C. P. ($1,000,000 are 3 p. c.)
Camden d Atlantic—Stock ($838,150 of it
pref.)
1st mortgage (extended 20 vears in
1873)
49
71
.
181
144
156
139
139
139
.
67
60
60
2d
mortgage
Camden d Burlington Co.—1st
mortgage
Canada
Southern—Stock
New mort., interest guar., (for
$14,000,000)
Carolina Central—1st mortgage, gold, coupon
Income bonds, coupon
,
Catawissa—Common
stock
New preferred stock
Old preferred stock
1st
mortgage bonds
Chattel mortgage bonds
New mortgage
Cayuga d Susquehanna—Stock
Cedar Rapids d Missouri—Common
Preferred stock, 7 per cent
31
291
242
242
92
1.000
100 &c.
....
1854
’69-’70
1876
1,000
1,000
...
1,000
,61-’74 500 &C.
100
100
1858
100 &c.
1873
100 &c.
500
....
.
.
_
^
....
.
.
(J
1872
1875
1876
ioo
1873-4 500 &c.
1875
1,000
100
1873
1,000
100
.....
1876
1871
1873
1876
1863
1869
1869
1870
,
1869
1873
1878
1872
1878
1870
1871
1871
1869
1871
1875
■
1853
1855
1867
1,000
500 &c.
100 &c.
50 &c.
500 &c.
500 &c.
500 &c.
100
500 &c.
500 <fcc.
600 &c.
1,000
i,6bo
1,000
1,000
1,000
500
50
1878
1873
1874
$140,000
366,370
1,500,000
6 g.
1%
4
7
6
7
7
7
8
6 & 7
3
6
6 & 7
2
6
7
7
425,000
6,921,274
3,500,000
4,000,000
500,000
6
3
7
7
3
7
(?)
580,000
7
500,000
950,000
2,380,000
2,582,000
3^2
7
6 g.
905,500
10
6,500,000
4,638,250
5
7
289,500
279,000
370,500
8,583,750
1,414,000
8
8
8
8
8
6
8
6
8
7
7
7
6
3 &
2
7
7
6
1,800,000
2,500,000
3,500,000
2,250,000
1,600,000
3,000,000
1,215,550
g.
g.
g.
6
10,862,686
1,000
3,000,000
3,000,000
1,000
70
58
1861
1863
1866
146
769,600
700,000
582,000
2,332,000
.
7
5
1
312
7
7
7
Baltimore & Potomac.—This is the line of the
There are $407,000 notes outstanding.
(V. 23, p.
Penu. Railroad from Baltimore to
Washingron. The 5 00; y. 25, p. 1.6; V. 26, p. 39; V. 27, p. 121, 303,
bonds are guaranteed by Penn. RR. and Northern
537.)
Cent. Net earnings, 1877, $111,788
(V. 22, p. 588;
Boston & Maine.—Net income, 1877-8,
V. 24, p. 5«3; V. 26, p. 598.)
$717,091,
against $660,964 in 1876-7. (V. 22. p. 280; V. 23, p.
Belleville & Southern Illinois.— Leased and
5
90; V. 25. p. 531; V. 27, p. 537.)
operated
by St. L. Alt. & T. H. Co. on a percentage of gross
Boston & N. Y. Air
Line.—Formerly N. Haven
earnings. (V. 24, p. 297; V. 26, p. 417.)
Middletown & Wil. Road cost about $6,000,000,
Belvidere Delaware.—Stock is $995,150. Leased to represented now
by $3,000,000 preferred stock and
United Co.’s of N.J., and lease
assigned to Penn. RR. $1,000,000 common. Gross earnings 1877-8, $265,925;
Net earnings go to lessor. In 1877 net
earnings of B. net. $<7,482. (V.22,p.567; V.24,p.589; Va6,p.598.)
D. were $121,566. Floating
debt, $171,702.
Boston &
The bonds and also $794,000
Berkshire.—Leased to Housatonic, at 7 per cent notes haveProvidence.—
been issued for purchase of branch
per year on stock, but 1%, per cent is
usually applied roads. In November, 1877. $800,000 ten-year notes
for taxes, &c.
were authorized, to take
up others falliug due.
(V.
Bosron <£ Albany.—As this is the
principal West¬ 23, p. 547; V. 25, p. 531.)
ern tniDk line from New
England, its yearly reports
show the course of business on that class of rail¬
Buffalo, Bradford & Pittsburgh—Under perpetual
lease to Eiie at $40,600 per year.
roads.
In past five years the
following
has
been
its exhibit:
Buffalo, New York & Erie.— Leased to Erie in
Gross
Net
Total Stock 186.3, for 490 years, at 7 per cent on stock and interest
and
Earnings.
Earnings.
and Debt.
sinking fund on bonds. (V. 23, p. 646; V. 24, p.
1877-8
$6,633,533
346; V. 25, p. 16.)
$2,2 9,536
$.
1876-7
6,779,610
2,166,844
28,870,509
1875-6
7,074,758
2,391,764
27,129,232
1874-5..... 7,634,139
2,262,147
26,478,282
1873-4
8,963,128
2,414,916
25,422,100
(V• 23, p. 477; V. 34, p. 204; V. 25,
p. 430; V. 26,
p. 166; V. 27, p. 460.)
....
Buffalo, New York & Philadelphia—This is the
connecting line of the Philadelphia & Erie with
Buffalo. New bonds are offered to
replace the 10
per cents.
(V. 26, p 574; V. 27, p. 538.)
Burlington Cedar Rapids & Northern.—The stock
is for $10,003,000, c.f which
$5,500,000 has been
Boston Barre & Gardner.—Income in
1376-77 issued. This company guarantees
$150,000 Minne¬
showed a deficit of $44,420 under interest
charge.
apolis & St. L. RR. bonds. Net earnings 1877-8,
Bost. Clinton Fitchb. & N.Bedf'd. —This was
$560,311; extraordinary expenses, $617,745. (V.24,
a con¬
solidation in May, 1876, of the B. C.& F. and the
N. p. 518; V. 25, p. 260, 510; V 27, p. 301.)
Bedf. roads. M .y 1, 1878, there were
$719,792 notes
Burlington & Missouri River.—An agreement of
outstanding. (V. 23, p. 6*1; V. 24, p. 134, 518; V. consolidation
and a perpetual lease to
Chicago, Bur.
6 Quincy, was made in Oct., 1572. In
August, 1875,
Boston, Concord & Montreal.—Gross earnings for stock
of
Chic.
Burl. &
the year
was issued in place of
ending with March, 1878, were $654,272; stock of this C.». and for Q.
convertible bonds. Annual
net earnings, $201,100.
There are also $76,000 old
report V. 20, p. 335. (V: 20, p. 139; V. 22, p. 87.)
bonds due in 1865, and
$350,000 due in 1875. (V. 24,
p. 516; V. 26, p. 546.)
Burlington & Missouri in Nebraska—Ras a valu¬
Boston & Lowell.— Net income,
1877-78,
$269,064.
Treasurer, Trenton, N. J. Jan. 1, 1916
July 1,1878
Nov. 15, 1878
Feb. 1, 1892
July 1, 1895
J.
O.
J.
0.
0.
S.
J.
N.
J.
Boston Office.
do
do
Boston, at Office.
[J. & J.
& J.
&D.
& O.
<fc O.
& J.
& J.
1, 1879
do
April 1, 1892
do
do
March 1,1895
do
Boston, at Office.
do
do
New York, Erie RR.
N. Y., Erie Railway.
do
do
N. Y., Farm. L. & T. Co.
do
do
New York.
Boston and New Y'ork.
do
do
do
do
do
do
Boston,
*
& J.
& J.
& J.
<fc D.
& J.
& N.
Boston,
& O.
& O. New York
-
Office.
do
do
do
do
do
July 1, 1896
Nov. 15, 1878
Jan., 1893 & 94
Aug. 1,1895
Nov. 1,1878
July 1, 1893
Jan. 1, 1896
June 1, 1878
June 1, 1916
July 1, 1896
July 1, 1893
Sept. 1, 1906
Oct. 1, 1893
April 1, 1879
July 1, 1894
July 1, 1889
Dec. 16, 1878
July 1, 1894
Jan.
Co’s Office.
and London.
& J. N. Y., Nat’l Park Bank.
& J.
do
<lo
& J.
New YY>rk.
J. & J.
A. & O.
F. & A.
1, 1878
Oct.
do
do
do
do
New York.
J.
July
do
do
Boston, at Office.
A.
N.
1889
1893
Camden, Co.’s Office.
Phila., Farm. A M. B’k.
do
do
Phila. and Mt. Holly.
1. 1883
July 1, 1918
June 1, 1896
July 1, 1918
May 1, 1895
Oct. 2, 1901
Oct, 1909
Jan. 1, 1889
1891
July, 1905
Jail. 15, 1877
Jan., 1893
Oct, 1879
1897
Nov. 15, 1878
Nov. 15, 1878
Feb. 1, 1882
1888 to ’89
Feb. 1, 1900
7
100
100
100
500 &c.
500 &c.
500 Ac.
1902
1885
1887
do
do
M.
M.
F.
F.
F.
J.
230,500
209,850
1,300,000
589,110
6,850,400
1,000
Sage.
Philadelphia.
Jan
1,000
1872
Baltimore.
N. Y., Russell
J. & J. N. Y., Union Trust Co.
J. & J. N. Y. Office, 4 Broad st.
A. & 0.
do
do
312
3i2
1,000
July 1, 1911
April 1, 1911
Jan. 1, 1915
Oct. 1, 1896
do
Boston Office.
J. Boston, Boston N. Bank July 1, 1884
J.
do
do
1889 &’90
D.
do
do
June 1, 1896
0.
do
do
’81,’82, ’83, ’85
J. Boston, Suffolk N. Bank July, 1881<x 94
N.
Boston Office.
Nov. 18, 1878
J.
J.
J. & D.
J. & D.
J.
J.
J.
J.
J.
M.
A.
A.
J.
J.
.T.
do
3
6 g.
7
50
274
&
&
&
&
&
&
&
&
&
&
&
&
1885
July 1, 1888
Worcester, City Nat. Bk. April 1, 1893
N.
15,000,000
1,000
65
•
J.
A.
J.
A.
A.
M.
J.
M.
J.
F.
M.
J.
Stocks—Last
Dividend.
Baltimore.
Baltimore or London.
Boston Office.
do
do
J.
0.
pal, When Due.
Balt., Mecli’s Nat. Bank
Boston, Kiaaer, P. & Co
N.
A.
Q.-J.
g.
1,159,500
.
&
&
&
&
M. &
J. &
J. &
J. &
A. &
J. &
M. &
J.
J.
A.
A.
J.
J.
1,000,000
2,200,000
.
Q.-J.
x2j4
600,000
5,055,000
1,034,000
853,000
497.000
350,000
& J.
& J.
& J.
& 0.
& J.
& O.
& D.
& 8.
& A.
& J.
M.
F.
J.
A.
6
500,000
1,000
J.
J.
J.
A.
J.
6 g.
6
A.
8
6
J.
6
M.
6
F.
7
J.
499,500
745,000
1,200,000
600,000
20,129,282
5,000,000
2,000,000
400,000
3,047,700
400,000
799,600
528,000
870,000
571,500
800,000
1,000,000
202,000
1,478,000
3,250,000
200,000
999,500
490,000
500 &c.
6
6
3,000,000
1,133,000
1,100,000
1,000,000
1,000
Bonds—Princi¬
DIVIDENDS.
Rate pei When Where Payable and
by
Cent.
Pay’ble
Whom.
Outstanding
ibo
■
;
1,000
INTEREST OR
Amount
50
100
mortgage
100
100
100
.
stock
1,000
.....
.
191
n
Value.
500
500
....
26
Buffalo. New York d Erie—Stock
New mortgage
Buffalo, N. V. d Philadelphia—1st mort., gold
2d mortgage (for
$1,000,000)
Burlington, O. Rapid sd Northern—1st mortgage
Burl.dMo. Riv.—1st M. on r’d& 400.000 ac’s I’d)
Cp.
Income b’ds, conv. C. B. & Q. st’k (4th
ser.) 1 may
1st mortgage, conv. do. on br’ch
(5th ser.) [ be
Convertible bonds, C. B. & Q. st’k (6th ser.)
J reg.
Size or
par
1,000
1,000
1,000
1,000
1,000
1871-2
1875
204
Bonds, coupon and registered
do
dO
1866
1877
1854
1857
1876
84
registered
Boston, Barre d Gardner— 1st mortgage
Bost.,Clin.it Fitchb.d N.B.—Stock ($1,750,000 pref.)
1st mortgage, Agricultural Branch
Mortgage bonds 1869-70
1st
56
64
....
Berkshire—Stock
1st
1875
67
Boston d Albany—Stock
Dollar loan...;...
Loan of 1875, coupon or
Burlington
98
....
coup., s. f. 1 per
2d mortgage, income, main
line and tunnel, reg..
Bellevilled South. 111.—1st M., sink’gfund, guar
Belvidere Del.—1st mort. due 1877,
extended, guar
2d mortgage bonds of 1854
Boston, Concord'■
98
1855
1878
1871
1871
....
...
....
gold,
XV
able land grant.
Consol. 6 per cent bonds are
issued for 8s maturing in 1894. Omaha & 8. W. is
&
&
&
&
&
&
N.
Philadelphia.
N.
do
A.
do
A.
Philadelphia.
A.
do
J. New York, 44 South st.
Q.-F.
F.
F.
F.
M.
& A.
& A. N.
& A.
& N.
Boston, Treasurer.
do
do
Y., Nat’l Park Bank.
do
do
do
do
1, 1908
July 1, 1923
April 1, 1914
July 2, 1878
Nov.
1,
1878
Aug. 1, 1878
Aug. 1, 1891
An g. 1,
1894
May, 1916
leased.
Republican Vailey road is leased, and its
changeable for B. & M. consolidated
bonds on any coupon day after July 1, 1879. (V.
bonds
are
p. 492, 494, '48, 598; V. 27, p. 15, 67,171.)
Burlington tfc Southwestern.—Defaulted Nov., 1873.
26,
Foreclosure in progress. (V. 21, p. 159, 441.)
Cairo & St. Louis.— Defaulted in 1873 by failure
to receive town and
county bonds.
Receiver ap¬
pointed December, 1877. Deficit in earnings 1876-7,
$30,115. (V. 22, p. 352; V. 25, p. 511, 569.)
Cairo tfe Vincennes.—Defaulted in 1874. In hands
of receiver.
Deficit in earnings 1816-7, $11,747.
(V. 22, p. 443.)
California Pacific. - Gross earn’gs,’76-7, $1,326,632;
net, $448,026. Extension bonds of $3,500,000 and in¬
comes of $1,000,000 were in
default, and the new
bonds of 1875,
guaranteed by Cent. Pacific, were
issued iu place thereof. (V. 23, p. 62; V.
24, p. 274,
468,605.)
Camden & Atlantic.— Gross earnings, 1877,
483; net, $>77,041.
dend, 2 per cent.
Interest, &c., $92,379.
$477,Divi¬
Camden & Burlington Co.—Leased to United
Companies, at 6 per cent on $382,000 stock.
Canada Southern.—'The bonds have interest guar¬
anteed for 20 years by N. Y. Central & H. R.
Co., at
3 per cent for 3 years and 5 per cent for 27
years,
but no guarantee of principal. (V. 26,
p. £67, 391,
574; V. 27, p. 94, 538.)
Carolina Central.—Receiver appointed December,
1876. Passed interest January, 1876. (V.
23, p. 622.)
Catawissa.—Leased to Phila. & Read., Oct., 1872.
New preferred stock dividend to be 7
per cent
in 1875-6 and afterward.
(V. 20, p. 381.)
Cayuga & Susquehanna.—Leased in perpetuity to
Del. Lack. & West. Dividends, 9 per year.
Cedar Rapids & Missouri.—Leased to Chicago &
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. 20, p. 162.)
RAILROAD STOCKS AND BONDS,
XVI
Subscribers will confer
a
great favor by giving immediate notice of any error
discovered in tliese Tables.
DESCRIPTION.
Miles Date
For explanation of column headings, Ac., see notes
of
of
on first page of tables.
Road. Bonds
Cedar Falls <£ Minn.—Bonds on 1st div., sink, fund
Bonds on 2d division, sinking fund
Central Jt. R. & Bank, Qa.—Stock
General mort. “tripartite” bds ($5,000,000) coup.
Macon A Western bonds
Central of Iowa—1st mortgage gold, coupon
2d
mortgage, gold, $4,000 per mile
Central of New Jersey—Stock
Mortgage bonds
Bonds (convertible Nov., 1875 to 1877)
•
1st mort., gold, (2 sinking funds, $50,000 each)..
California State aid, gold (s. fund, $50,000)
Bonds, formerly conv. into U. 8. bds (s.f.,$35,000)
lstm.S. Joaq’n Val.Br.,gld
(s.f.$50,000,begins’80)
U. S. Loan, (2d lieu on certain terms)
Western Pacific, 1st mort., gold, (s. f. $25,000)...
do
Government lien
Cal. & Oregon, 1st M., gold, guar., (S. f. $100,000)
C. P., mortg. on C. A O. Br. (s. f. $100,000)
San Fran. O. A A., 1st M. (s. 1. $100,000
beginsj’80)
Land grant mortgage bonds
Charlotte Columbia it Augusta— 1st mort. consol...
Mortgage
Charticrs—1st mortgage
1st mort., convert
Chesapeake d Ohio— 1st mortgage, gold, “A”
1st mortgage, gold, “B”
2d mortgage
1st mortgage,
1872
1,000
1,000
....
....
137
137
137
1213
50
50
,
1,000
,
100
742
50
138
140
1865-8
1864
1862
1870
1869
1,000
1868
1872
1870
1870
1869
1,000
1,970,000
6,000,000
1,000
1,000
2,000,000
1,000
7,764,000
1,810,500
500,000
500,000
'
152
152
20
....
195
195
23
21
434
434
1872
,
Cheshire—Stock, preferred
1871
1869
....
st’ck (7 p. c.
General mortgage^ sterling, for £900,000
1st mortgage
Income bonds
Joliet & Chicago, 7 per cent, stock
do
do
1st mortgage, sinking fund
St. Louis Jack. & Ch., 1st mortgage
do
do
1st mort. guar, by C. & A...
do
do
2d mort. guar, by C. A A...
mortgage
Louisiana A Missouri, 1st mortgage
do
do
new mortgage for
do
do
guar. pret. stock
mort. ($474,000 guar.)...
Bonds for K.C.St.L.A C. line, s.f. $60,000 aftcr’79
Chicago, Burlington &■ Quincy—Stock
1st mortgage, sinking fund, (trust)
Consolidated mortgage coupon, (for
$30,000,000)
Northern Cross R. R. 2d. mortgage, gold
Trust mortgage (Burlington to Peoria)
Plain bonds (coupon or registered)
Bonds of 1875, (sinking fund $13,860 per
year)..
Carthage & Burlington, 1 st mort-. 1
(
Hannibal, 1st m...
Coupon,
Ottawa, Oswego A Fox Riv., 1st m but may be <
Illinois Grand Trunk, 1st mort
registered 1
Quincy A Warsaw, 1st mortgage j
(
Keokuk A St. P., 1st M.
(Coup., but may be reg.)
B’ds for St. L. R. I. A C. (sink, fund
$50,000) coup.
Quincy Alton A St. Louis, 1st mortgage, coupon..
Chicago A Canada Southern—1st mort., gold.'.
Chicago, Cincinnati A Louisville—1st mort
Chicago Clinton Dubuque A; Minn— Stock
Dixon Peoria A
-
..
Cedar Falls & Minnesota — Leased to Dnb.A Sioux
to Ill. C. at $1,500 per mile yearly,
and a per cent of all earnings over
$3,500 per mile.
City, and sublet
Bank.
Ga.—Leases several
In April, 1875. pur¬
chased one-iialf interest in Western Railroad of
Alabama at foreclosure sale.
The “ tripartite”
bonds are issued jointly by this
Company, the Macon
& West., and Southwestern. Gross
earnings year
ending Aug. 31, 1878, £2,721.0:21; net, $1,123,309. (V.
in
300,000
2,000,000
15,000,000
10,000,000
1,000
1,000
Too
500 Ac.
ioo
077
049
322
220
220
100
1873
1863
1862
38
38
150
37
37
150
101
1,000
1,000
500 Ac.
100
1857
1864
1804
1868
1868
1870
$300,000
Chicago A Ill. Riv., 1st
roads, and guarantees bonds.
500 Ac.
100 Ac.
211e
stock
y’rly not cumulative)
2d
1,000
1,000
100,000
.
....
<£ Alton—Common
Chicago
Preferred
do
m
1,000
1,000
1,000
1,000
1,000
1,000
902,000
300,000
160,500
2,153,300
836,400
500,000
10,065,300
2,425,400
4,379,850
2,383,000
1,087,000
1,500,000
306,000
2,365,000
564,000
188,000
360,000
1,854,000
0)
gg.
g.
g.
^
6 g.
6
•
6
6
8
6
7
7
7
7
6
6
6
6
6
S
8
1
6
7
g.
g.
g.
J. A J.
M. A N.
Q.-M.
J.
M.
J.
J.
M.
A.
J.
J.
J.
3*2
3^
6 g.
7
7
13±
8
7
7
7
7
7
....
A J.
A N.
A J.
A J.
A S.
A O.
A J.
A J.
A J.
L & 0.
J.
J.
A J.
A J.
....
J.
J.
J.
A.
J.
J.
A.
J.
g.
g.
Dividend.
N.Y.,J. S. Kennedy A Co April 30, 1884
do
do
Savannah, Ga.
Macon, Ga.
York, Office.
New
*
do
do
New York, at office.
do
do
do
do
do
do
do
do
London.
N.Y.—Cent. RR. of N. J.
do
do
do
do
Balt., at B. A O. office.
do
do
Balt., West. Natl. Bank.
N. Y. A San Francisco.
N. Y., Fisk A Hatch.
Sacram’o State TTeas.
,
N.
N.
Y., E. Kelly A Co.
Y., Fisk A Hatch.
U. S. Treasury.
N. Y„ Fisk A Hatch.
U. S. Treasury.
N. Y., Fisk A Hatch.
New York A London.
N. Y., Fisk A Hatch.
A J.
A J.
A J.
A O.
do
do
A J. N.Y.,M.K. Jesup, P. A Co.
A J.
do
do
A 0. Philadelphia, Penn R.R.
AD. N. Y., Metropolitan Bk.
Jan. 2, 1907
Jan. 2, 1878
Jan. 1, 1893
Oct., 1880
July 15,1899
April 15,1901
April 10,1876
1890
Nov., 1902
July 1, 1899
1887
Feb. 1, 1899
June 1, 1900
May 1, 1903
July 29,1878
July 29, 1878
Sept., 1890
Oct., 1878 (?)
1895 to ’98
July 1, 1884
Jan. 1, 1883
Oct, 1, 1900
1895 to ’98
July 1, 1899
1899
Jan. 1, 1888
Jan. 1, 1892
July 1, 1890
Oct.
Jan.
Jan.
Oct.
Dec.
1,
1,
1,
1,
15,
1890
1895
1910
1901
1899
....
-
-
m
m
•
•
m
m
•
J.
J.
J.
J.
J.
J.
M.
M.
M.
J.
J.
A.
A
A
A
A
A
A
A
A
A
A
A
A
J.
J.
J.
J.
J.
J.
N.
S.
S.
J.
J.
O.
N. Y., Am. Exch. Bk.
do
do
do
do
do
do
Boston.
do
1880
1884
1876
1877
.
Jan. 15, 1878
July 1,’80 A ’91
May, 1872
Sept. 4,1878
do
do
Sept. 4, 1878
Lond’n,J.S.MorganACo. July 1, 1903
N.Y.,M.K.Jesup,P.A Co.
Jan., 1893
Philadelphia.
N.Y.,M.K. Jesup,P. A Co.
do
do
N. Y. U. S. Trust Co.
Jan., 1883
Oct., 1878
A J. N.Y.,M.K. Jesup,P. A Co.‘
July,
1882
A. A O.
do
do
April. 1894
A. A O.
do
do
April 1,1894
J. A J.
do
do
July, 1898
Q.-J.
J.
J.
F.
A J.
A A.
do
do
do
do
July, 1898
Aug., 1900
....
—
“28
1875
1878
102
1020
1,000
100
400
825
100
90
1858
1873
1,000
1,000
....
1872
1875
1869
1869
1870
1870
1870
1869
1876
1876
1872
1867
....
....
32
40
70
44
40
43
270
40
67 *2
73
223
Q.-J.
-
Whom.
A J. New York A Savannah.
J. A J.
A. A O.
1,000
1,000
500 Ac.
500 Ac.
1,000
500 Ac.
1,OOd.OOO
3,000,000
27,644,916
2,715,000
11,521,000
841,000
661,000
1,632,475
423,000
266,000
546,500
1,079,000
890,500
1,000
720,000
500 Ac.
317,000
1,000
1,000
1,000
500 Ac.
!
....
2,467,000
840,000
2.571,350
1,000,000
6,156,000
7
6 g4
8
7
4 g.
7
7
5
8
8
8
8
8
8
5
5
7 g.
7
....
1866 for 2) years; rent 35 per
cent of gross re¬
Pays 6 per cent
ceipts for five years, and 40 after.
dividends.
Centred Pacific.--A part of the Southern Pacific
line* is leased.
The annual report for 1877. in¬
cluding the land agent’s report, also gross and net
earnings to June 30, 1878, was uiven in the Chroni¬
cle, V. 27, p. 459.
Gross earnings, 1877, $16,471,144; expenses, $7,774,417; net earnings, $8,696,726.
The dividend was passed
in April, 1877, and 1 per
cent declared Oct., 1878. but
enjoined. Trustees of
land mortgage held in
May, 1878, $1,109 242 in cash,
and $:,696,942 ia notes, and in
August they called
for sale to them of $1,100,000 land bonds.
(V. 26, p.
363; V. 27, p. 4), 93, 122, 147, 253, 274 407, 4 5 9.)
M. A 8. N.Y.,M.K. Jesup,P.ACo.
M. A N.
do
do •
M. A S. N. Y., Bk. of Commerce.
J. A J.
do
do
J. A J. N.Y.N. Bk.of Com.ABost
J. A J.
Frankfort.
A. A O. N.Y., N. Bk. of Com’rce.
J. A J.
Boston, Co.’8 office.
J. A D.
Boston, Co.’s Office.
M. A N. N.Y., N. Bk. of Com’rce.
J. A J.
do
do
J. A J. New York and Boston.
A. A O.
Boston.
J. A J. New York and Boston.
A. A O.
Boston.
A. A 0.
do
F. A A. Boston, C. B. A Q. RR.
A. A O. N. Y., Union Trust Co.
J. A J. N. Y., Farm. L. A T. Co.
March 1,1905
May 1, 1903
Sept, 16,1878
Jan.
1, 1883
July 1, 1903
July 1, 1890
Oct. 1, 1890
Jan. 1, 1896
June 1, 1895
May,
July,
July,
Oct.,
July,
April,
1879
1889
1900
1890
1890
1879
Oct. 1, 1901
Feb. 1, 1896
April 1, 1902
Jan., 1887
....
Chicago & Alton —The report for 1877 is given at
length in V.26, p. 213, and shows gross earnings of
$1,464,343, and net earnings of $2,107,337, against
$2,269,467 in 1876. Joliet A Chicago RR. is leased for
interest on stock and bonds. St. L., Jack. A Chic.
Railroad leased at $240,000 per year. Louisiana A
Missouri Railroad operated under contract. New
extension to Kansas City built in 1878, and a mort¬
gage on that line (K. C. St. L. A Chic. RR.) is
deposited in trust as security for C. A A. gold 6s of
1878. Chic. A Ill. River was to have been sold May
31, 1878. but sale enjoined. (V. 25, p. 4'3; V. 26, p.
95, 192, 213, 289, 416, 547; V. 27, p 41, 94, 382 )
23, p.353, 498; V. 25, p. 43d; V. 27, p. 3»1.)
Central of Iowa.— Sold in foreclosure,
July 18,
1877, und^r let mortgage.
Gross earnings, 1877,
$723,818; net, $201,190. (V. 23, p. 159,427; V. 24,
p. 135,561; V. 23, p. 62, 237, 431, 591; V.
Chicago Burlington & Quincy.—Purchased in Oct.,
26, p.
215.)
1876, St! L. Rock Is. A Chic, road, for $1,570,000 in
Charlotte, Columbia & Awjusta—Stock is $2,578,- gold. Gross earnings for 1877 were,
Central of New Je?'sey.—A full abstract of the re¬
$12,530,875; ex¬
organization scheme now pending was published in 000, and $183,500 of old Col. A Aug. bonds are yet
penses, $7,309,708; net earnings, $5,221,166; interest
the Chronicle, V. -6, p. 215 with a brief statement out, due 1890. Net earnings 1877, $202,488; Control
charge, $2,139,911. The C. B. A Q. leases numerous
road sold to Richmond A Danville.
of
branch roads, giving them a traffic
(V. 24, p.
earnings in 1877 and probable future earnings. of
guarantee (usually
Net earnings, 1877, after
62;
V.
40
or 50 p, ct.) for
26,
p.
95; V. 27, p. 280.) <,
payment of Lehigh A
purchasing their bonds. Leases
in
Susq. rental, were $1,838,335.
Chortiers.—Leased to Pitts. Cin. A St. Louis, and
perpetuity the Q. A. A St. Louis at $42,000 per
The report of
Committee consolidated mortgage bondholders was operated by Peun. Co. Net
annum.
Enough of the C. B. A Q. consolidated
earnings
go to lessor—
in 1877, $42,406. (V. 22,
moitgage is reserved to take up prior debts.
In
p. 519; V. 24, p. 419.)
arre Coal
p. in V. 2b,onp. 63. TheAWilkesCompany
August, 1875, stock of this Company was issued in
Central
of New Jersey assumes
Cherry
VaUey,
Shar.
&
Al.—Transferred
to
Dela¬
exchange
for
$2,310,000 of Lehigh ware
Burlington A Missouri River Railroad
A Hudson Canal
Coal A Navigation
Co., April, 1875. Interest stock, and the same is also given for the convertible
Company’s debt and $265,793
of the Railroad Car Trust
unpaid
in
bonds
of
1875.
December,
(V. 20, p. 404.)
Burlington A Missouri River Railroad.
Company. The Ameri¬
can Dock A Improvement Co. executed
a
Chesapeake <fc Ohio.—Sold in foreclosure April 2, The bonds of 1876, for purchase of St. Louis Rock
mortgage
for $4,000,000, in 1877, to secure its
Isl.
A
C. Railroad, are plain bonds of
bonds. The 1878, for $2,750,000 and re-organized, with securities
Chicago Bur¬
following table shows the receipts, expenses and net as above, when all are issued. ri he payments on lington A Quincy, but offset by 7 per cent mortgage
bonds of like amount, secured on St. Louis Rock
earnings, including Lehigh A Susquehanna Divi¬ old Virginia Central bonds and
sion:
issued therefor, were made as coupons, and notes' Island A Chicago road, and deposited with trustees.
per circular, Chron¬
Receipts.
Expenses. Net earn’gs. icle, V. 27, p. 94. Net earnings 1876-7, $339,307. (V. 24, p. 63, 111, 202, 274; V. 25, p. 138; V. 26, p.
1874
190, 548; V. 27, p. 356, 435.)
$8,589,631
$4,140,601
$4,449,010 (V. 24, p. 62, 299, 320; V. 25, p. 186, 641; V. 26, p.
1875
7,411,637
17, 342,522,625; V. 27, p. 15,94.)
4,128^7
3,282,910
1876
6,946,000
Chicago & Canada Southern.—Connection of Can¬
3,684,000
3,262,000
Cheshire.—Net income.
1877
5,659,067
3,2.9,897
2,4^,371 per cent bonds for $536,000 1877-78, $78,019. New 6 ada Southern. Interest in default. (V. 25, p. 261.)
(V. 24, p. 63, 111, 135, 156. 204, 226, 249, 274,
authorized, to redeem
275, bonds of 1880. (V. 23, p. 5 4 8; V. 26,
Chicago\ Cincinnati & Louisville.—No informa¬
299, 396, 420, 445, 494, 5 17, 590, 604: V. 25,
p. 495; V. 27,
p. 63,457, p. 537.)
tion furnished.
591; V. 26, p. 40, 60, 95, 141, 216, 315, 391,
574,
495,
Chester Valley.—In hands of trustees and
592, 624.)
leased
Chicago Clinton Dubuque & Minn.—'This ia the
to Philadelphia A
Central Ohio.—Leased to Baltimore A Ohio
Reading.
Coupons
due
1860,
paid final reorganization of the ChicT Clin. A Dubuque
RR. May, 1876.
and Chic. Dub. A Minn, roads.
(V. 27, p. 331.)
,
given in V. 24,
494; and
Lehigh
-
pal, When Due.
Where payable, and by Stocks—Last
A. A 0.
Q.-J.
7
7
2
3
6
1
6
7
7
6
6
500.000
....
“88
Bonds, not mortgage
Chester Valley—1st mortgage
1,000
J.
F. A A.
M. A N.
6 g.
7
1,483,000
....
6,080,000
25,885,000
2,616,000
'
742
158
123
1,000
1,000
A. A 0.
J. A J.
J. A D.
2%
7
7
7
7
1,680,000
11,500,000
3,000,000
5,550,000
2,437,950
411,550
2,500,000
54,275,500
25,883,000
1,500,000
1,000
100 Ac.
1878
7
7
7 g.
7 g.
600,000
1,000
•
21*2
20,600,000
5,000,000
4,400,000
15,000,000
500 Ac.
£200
....
7
7
1,334,000
7,500,000
3,500,000
117,000
3,700,000
925,000
1,000
1,000
Rate per When
Cent.
Payable
$198,000
500 Ac.
1869
....
(Va. Cent. R. R.,) guaranteed by Va.
3d mortgage,
do.
do.
coupon
Income mortgage, (Virginia Central R. R.,)
coup.
Funded interest, coupon bonds
Outstanding
Value.
1,000
1874
1867
1874
1875
...
Central Ohio—Common stock
Preferred stock
1st mortgage bonds
Central Pacific—Stock
Central Railroad
.
7
Adjustment mortgage
do
•
Amount
100
97
guar—
Consol m., coup. miar.
bonds, guar. Cent.of N. J
—
....
or
par *
500 Ac.
100
1872
1870
1809
1871
202
•
York, 1st mortgage
Lehigh & Wilkesbarre Coal Co., 1st mort.
Cherry Valley Shar. if; Al
1800
Bonds— Pnnoi
INTEREST OR DIVIDENDS.
Size,
l$500Ac.
1864
359
74
Newark A New
2d
14
01
708
020
202
Consolidated mortgage (for $25,000,000)
do
do
Am. Dock A Imp.Co.
[VOL. XXVII.
Noyimber 30,
RAILROAD STOCKS AND BONDS
1878.]
Subscribers will confer
a
great favor
DESCRIPTION.
on
2d
by giving immediate notice
Miles
of
Road
first page of tables.
mortgage income
Chicago d Iowa—1st mort., coup., may be reg
Chicago, Iowa d Nebraska—Stock
2d mortgage (now 1st)
3d
do
(now 2d)
Cltic. & L. Huron—Peninsular, 1st M., gold, s. f
Port Huron & L Midi., 1st
mortgage
Chic. d Mich. L. Shore—1st M., New Buff, to St. Jo.
1st mortgage, main line
1st mortgage, on branches
1st mortgage, on Muskegon A
Big R. Branch
137
137
80
82
82
82
166
66
....
....
....
52
Chicago, Milwaukee d SI. Paul—Com. stock
1,412
Preferred st’ck (7 p. c. y’rly, not cumulative)..
1,412
Consolidated mortgage (for $35,000,000)
1st mortgage ("Lacrosse Div.)
370
2d mortgage
370
1st mortgage (Iowa & Minnesota)
f-i fc
220
<D V
1st mortgage (Minnesota Central)
00
49
1st mortgage (Iowa & Dakota)
kO
1st mort., Ia. A Dak. Exten. ($15,000 p. m.)
cSTJ
100
1st mortgage (Prairie du Chien)
a§ 235
2d mortgage (Prairie du Cliien)
■g >. 235
St. P. & Chic. 1st M.
1st
(Riv. Div.) $ & £(conv.)
mortgage, Hastings & Dakota
mortgage, Chicago A Mil. line
%
2
<D
©•£
0.2
Western Union, 1st mortgage
Chicago <£ Northwestern—Common
stock
Preferred st’ek (7 p. c. y’rly, not cumulative)
or
Par
Value.
1877
1877
$1,000
1871
1,000
1860
1863
100 Ac.
500 Ac.
....
130
75
85
1872
211,500
197
1866
3,600,000
1,000,000
477,000
3,523,000
1,000
8
8
8
1,350,000
1,280,000
1,000
,
15,404,261
1,000
12,279,483
7,341,000
6,600,000
600,000
1,000
3,810,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1872
1,459
1,459
6
7
8
5
7
7
7 g.
7 g.
8
3,916,200
568,200
1,000
1,000
1,000
1,000
1,000
1,000
1873
Rate pei
Cent.
$3,000,000
750,000
1,750,000
1869
100
100
100 Ac.
100 Ac.
100 Ac.
500 Ac.
500 Ac.
7 s.
7
7
7
7
7
7
7
8
7-3
7
7 g.
7
7
7
3
190,000
640,000
(?)
3,674,000
1,315,000
234,000
4,000,000
213,000
2,500,000
3,500,000
14,988,807
21,525,602
1,214,100
708,600
3^
Bonds, pref. (sink’g fund), 1st mort., Chic, to Osh.
193
1859
Interest bonds, funded coup., 2d in., Chic, to Osh.
193
1862
1st mort., general, 3d mort., Chic, to Oshkosh
193
1859
3,477,800
Appleton exten., 1st mort. on 23 miles and land..
23
116,000
Green Bay exten., 1st mort. on 26 miles and land
26
1862
235,000
1st mort., Galena A Chicago Un. RR. extended...
248
1853
1,000
1,660,000
Mississippi River Bridge b’ds, lien on net earnings
1,000
158,000
1st mort. (Peninsular RR.) on roads and lands...
74
1863
1,000
272,000
1st mortgage (Beloit A Madison Railroad)
46
1863
1,000
249,000
Consol, sink’g f’d M., (all above convert, into this)
779
1865
1,000
4,807,500
Madison extension, 1st mort., sinking fund,
126
500 Ac.
1871
gold.
3,150,000
Chicago A Milwaukee, 1st mortgage, 2d lien
85
1,000
1,700,000
Menominee River, 1st mort., guar
25
1876
400,000
Menominee extension, 1st mortgage, gold
120
1871
500 Ac.
2,700,000
Gen. cons mort., gold, coup, or reg. ($48,000,000) 1,058
1872
500 Ac.
12,343,000
Winona & St. Peter, 1st mort., guar by Chic. ANW.
137 1870-1
1,000
2,750,000
do
2d mort.,
137 1871-1
do
do
1,000
1,650,000
do
1st M. exten, gld, land gr., s. f.
175
1871
100 Ac.
4,375,000
Iowa Midland, 1st mort., guar, by Chic. A N. W..
75
1870
1,000
1,350,000
Northwestern Union, 1st mortgage, gold.
62
1872
500 Ac.
3,500,000
Minnesota Valley, 1st mortgage
150,000
Rochester A No. Minnesota, 1st mortgage
200,000
Plain View Railroad, 1st mortgage
100,000
Chicago d Paducah—1st mortgage.
156
1873
1,000
2,961,000
Chicago, Pekin <£ Southwestern— 1st mortgage.
70
1871
1.000
700,000
2d mortgage
64
1871
300.000
1,000
Chicago, Rock Island d Pacific—Stock
732
100
20,979,800
Branch bonds (sinking fund $40,000 per yr.)
1875
1,000
916,000
1st mortgage (for $12,500,000) coup, or reg.
636
1877 l,000Ac
9,000,000
Chic.A Southw., IstM.g. (g’d incur, by C.R.I.&P.)
271
1869
100 Ac.
5,000,000
....
7
7
7
7
7
7
7
7
7
m
7
?*
7
7 g.
7 g.
7 '
7
__
Is7 g.
7
7
7
7
8
|
Iowa South. A Missouri North. RR. stock
Chic. St. Louis d N. O.—1st M. (N. O. J. & G. N.)....
2d mortgage, (N. O. J. A G. N.)
1st mortgage, (Mississippi Central)
2d
mortgage,
206
224
185
185
do
Chic. St. Louis & N. O. 1st mort. (for $13,000,000)
do
do
2d mort. (for $8,000,000)..
Chicago St.Paul d Minneapolis—1st mort., g.,coup.*
Land grant mort., income, coup. (2d on road)
Cincinnati, Hamilton d Dayton—Stock
180
180
60
60
60
60
98
56
56
Cincinnati, Lafayette d Chicago—1st mort., goid....
Consolidated mortgage
Cincinnati d Muskingum Valley—1st mortgage
Cin., Richmond d Chic.—1st mort., guar. C. H.&D.
2d mortgage, guar, and owned by C. H. A D
Cin. Richmond d Ft. W.—1st mort., gold, guar
Chicaao & East. Llinois.—Chic. Danv.A Vine, sold
in
foreclosure, and
organized. On income bonds
interest is to be paid as earned, not over 7 per year.
(V. 25, D 49, 314, 156. 431, 618; V. 26, p. 2f4,
315, 419 ; V. 27, p. 485, 4 8 6, 513.)
re
Chicago & Iowa.—Sold Mar. 9, 1878, in foreclosure
of $1,150,000, and a re-sa'e ordered.
Compromise efiected. (V. 25, p.-138, 307; V. 26,
of 2d mortgage
p. 166,
264; V. 27, p. 49, 251, 513.)
Chicago, Inca & Nebraska.—leaned in perpetuity
to Chic. & Northw., at 37% per ct. of gross receipts.
Chic. & Lake Huron.—This was a consolidation
of the Peninsular Railroad and Port Huron & Lake
Mich. To he sold in foreclosure under the sectional
mortgages.
(V. 24, p. 275; V. 25, p. 90, 212, 283;
V. 26, p. 116; V. 27, p. 403, 487.)
Chic. <& Mich. Lake Shore.—In default since
July,
1873, except on the $477,000.
Foreclosure sale
made Nov. 16, 1878. (V. 24, p. 493; V. 26, p. 495,
599; V. 27, p. 227, 538.)
1854
500 Ac.
100 Ac.
1878
1878
..
1853
1865
1875
1873
|
1
8
2
6
6
7
2
8
8
7
8
7
6
6 g.
6 g.
4
7
7
7
7
5,000,000
2,941,000
1,500,000
896,500
1,600,000
1,791,000
?
500 Ac.
500 Ac.
100
1874
1870
1866
1869
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1871
1.000
1871
148
36
36
90
1,000
1,000
1865
1877
1877
567
567
1st mortgage of 1853
2d
do'
1865
Consol, mort. (for $3,000,000), sink, fund 1 p. c..
Cin. Ham. & T, (Junction) RR., 1st mort., guar...
1856
1860
2,800,000
2,018,000
3,500,000
1,246,000
494,000
1,500,000
1
1,846,000
1,120,000
471,000
1,500,000
560,000
65,000
7 g.
7 g.
7
7
7
7 g.
1,800,000
cash, in 1876 14 per cent in bonds, and 3*4 per cent
in cash; in 1874 7 in bonds, 1873 7 cash, 1872 7, 1871
7, 1870 7 and 3 scrip; on common stock in 1871 7
scrip, 1870 3 cash and 7 scrip. (V. 25, p. 138, 43J:
V. 26, p. 117, 264, 599; V. 27, p. 172, 251, 322, 382,
461.)
Chicago dk Not'/Incest.—The fiscal year ends with
May. The last annual report will be" found in the
Chronicle, V. 27, p. 170. The net surplus of the
year on the Chic. A Northwest, lines proper, after
paying interest, was $3,i47,2fi5, and on the whole
system, including proprietary roads, $2,464,487.
The net deficit on proprietary roads was $682,688.
including the interest on their bonds. Lands of
the company are 2,243,183 acres unsold.
Operations
of the C. & N. W. proper,
as
follows;
Gross
1877-73
1876-77...
1875-76
1874-75
earnings.
$13,583,847
for four years,
Expenses
and taxes.
compare
Net
earnings.
$6,827,720
5,129,819
$6,756,126
6,547,680
12.773,711
7,408,957
5,364.8 3
12,707,126
7,984,694
4,723,-31
All other bonds, including those of proprietary roads,
may be absorbed by the gold loan, and that amount
is reserved from the $48,000,000. Divid’nds have been
.
11,877,500
....
Chic. Mil. & St. Paul.—Net earning3 1877, $3,574,460; 1876, 13,100,847; 1875, $3,085,389. The earnings
were reduced in 1874 and 1875 by the lower
freight
on on pref.;
on com.;
Cates imposed by the Wisconsin railroad law. The
>ec., as
1877, 3)6 on pref.; Dec. 1876,2*4
July,
law wa^ modified, and with April, 1876, higher rates 1813,3% on pref.; Dec.. 1872, 3# on both; June, 1872,
again took effect. Annual report for 1877, V. 26, p. 3)4 on pref.; Dec., 1871, 3%on pref.; June, 1871, 5
364. The following is a comparison for three years on both; Dec., 1870, 5 on both; June, 1870,2on pref.";
of
Dec., 1869, 5 on pref., 4 on coin.; June, 1869, 5 on
Baid follows: June, 1878, 3)4
operative, and financial condition at the close of
year;
1877.
Miles
Stock
Debt
1876.•
1,412
1,399
$27,681,744
29,954.500
8,114,894
Earnings. ...
Op. expenses. 4,540,433
Net earnings.
3,574.460
$27,673,744
30,010,500
8,054,171
4,953,321
3,100,847
1876.
1,399
$27,673,744
27,129,000
8,255,743
5,170,354
3,085,389
Of consol, bonds of 1875 enough are reserved to
take up
old debt. Dividends have been paid since
1869—on pref. stock—in 1878 10% cash, in 1877 3%
pref., 3
both: Dec., 1868. 5 on both. (V. 25, n. 160,444, 532;
V. 26, p. 469, 574; V. 27, p. 140, 170, 372, 426.)
Chicago & Paducah.—Gross earnings 1876-7, $271,370; net, $68,294. (V. 23, p. 427.)
Chic. Pek. & Southw'n —Receiver appointed June,
1877.
Net earnings
discovered in tliese Tables.
Bonds— Prin c;-
INTEREST OR DIVIDENDS.
j Amount
'Outstanding
100
1870
1869
1870
1871
1872
of any error
i
100 Ac.
1875
1863
1864
1867
1864
1869
1878
1868
1868
1861
....
1st
Size,
100
100
....
Milwaukee & Western
Date
of
Bonds
svii
1816-7, $58,241. (V. 25,
p.
16,
618.)
Chicago Rock Island db Pacific.—In 1877-8 gross re¬
ceipts were $7,895,970; net receipts, $3,511,356; divi¬
.
pal, when Due
When
Payable
I.1
Where Payable, and by
Whom.
Slocks—Last
Dividend.
J.
A D. New YoFk. 4tli Nat. Bk. i
Dec.
do
do
j
J. A J. New York and Boston. I
J. A J. Boston,
by Treasurer. 1
J. A J. Boston, Merchants’ B’k. 1
F. A A. New
York, Park Bank. ;
M. A N.
New York.
M. A N.
do
M. A S. Bost., Treasm er’s office.
J. A J.
do
do
M. A N.
do
do
M. A S.
do
do
J. A J.
New York, Office.
A. A O.
do
do
J. A J.
do
do
J. A J.
do
do
A. A O.
do
do
J. A J.
do
do
J.
J.
J.
F.
F.
J.
J.
J.
J.
F.
J.
J.
F.
M.
F.
F.
F.
F.
J.
M.
J.
A J.
do
do
A J.
do
do
A J.
do
do
A A.
New York, Office.
A A.
do
do
A J.
do
do
A J. London and New York.
A J.
New York, Office.
A J.
do
do
A A. N.Y.,Mil. A St.Paul RR.
A D. New York, Co.’s Office
A D.
do
do
A A.
do
do
A N.
do
do
A A.
do
do
A A.
do
do
A A.
do
do
A A.
do
do
A J.
do
do
A S.
do
do
A J..
do
do
do
! Q.-F.
do
I A. A O.
do
do
A J.
do
do
J. & J.
do
do
J. A D.
do
do
J. A D.
do
do
J. A J.
do
do
M. A N.
do
do
J. A D.
do
do
A. A O.
do
do
M. A S.
do
do
J. A J
F. A A N. Y., Farm.L. A T. Co.
A. A O
Q.-F. New York, Co.’s Office,
F. A A.
do
do
J. A J.
do
do
M. A N.
do
do
Q.-F.
June, 1907
Dec., 1907
July 1, 1901
Julv 1, 1878
July 1, 1888
Aug. 15, 1892
May, 1889
May 1, li;00
.
Sept. 1889
July, 1890
Nov., 1891
Sept. 1, 1892
Jan., 1871
Oct. 15, 1878
July' 1, 1905.
1893
1884
1897
1894
1899
July 1, 1908
1898
1898
1891
Jan., 1902".
1902
1903
Feb. 1896
June 27, 1878 ••
June 27, 1878
Aug. 1, 1885.
Nov. 1, 1883Aug. 1, 1885
Aug. 1, 1885
Aug. 1, 1885
Feb. 1, 1882
Jan.
1, 1884
Sept. 1, 1898
Jam, 1888
Feb.
1, 1915
April 1,1911
July 1, 1898
July 1, 1906%
June 1, 191L
Dec. 1, 1902
Jan. 1, 1887
Nov.
Dec.
Oct.
Juue
1, 1907
1, 1916
1, 1900
1, 1917
July 1, 1903
Aug. 1, 1901
1891
Nov. 1,
1878
Aug. 1, 1895
July 1, 1917
Nov., 1890
do
Nov. 1, 1878
do
New York, Co.’s Office.
July 1, 1886
Oct. 1,1890
do
do
Nov. ’74, ’79 ’84
do
do
Nov. 1, 1886
do
do
do
Nov. 1, 1897
do
Dec. 1, 1907
do
do
New York, at Office,
May 1, 1918
J. A J.
A. A O.
M. A N.
F. A A.
M. A N.
J. A I).
M. A N.
M. A N.
do
do
A. A O. N. Y., Winslow, L. A Co.
M. A N.
do
do
J. A J.
do
do
A. A O.
do
do
J. A J.
do
do
M. A S. N.Y~., J.S.Kennedy7- A Co.
J. A J.
do
do
J. A J. New York. Moran Bros.
J. A J. N. Y., Winslow, L. A Co.
J. A J.
do
do
Julv 1895
Jan. ‘l, 1889
J. A D. N.Y., Winslow, L. A Co.
June, 1921
„
May, 1898
April, 1873
May 1, 1880
July 20, 1885
Oct., 1905
1903
Jan.,
Mcli. 1901
Nov. 1, 1914
Jail., 1901
dend
payments (8 p. c.) $1,619,384; surplus f'*r the
Own- stock of In. So A Mo. North,
cent quarterly to Rock Island stock¬
holders, making tlie.r quarterly dividend actually.
2’4 per cent. Controls Peori i & Rock Isla- d road.
year, $665,617.
and pays 2 pur
Keokuk & Dos Moines RR. was leased Oct.. 1878.
p
J 5
230, 476: V. 26, p 571. 99. 623,
653; V. 27, p. 511.)
(V. 21.
.
v
Chic. St. L. & N. 0 —Operated as a connecting line
with Illinois Central.
Formed by a cons •libation
after foreclosure in 18.7.
Gross e rnings 1^77,
$3,100,595: net earning-, $*76,744.
80S, 432, 453, 53 ’.)
Chicago St. Paul
(V. 25.
p.
212*.
Mi neapotis.—This is the
West Wisconsin RR. reorganized. The 1st mort.
is a 2d on 'he lands; the lind mort. a id on road,
but no foreclosure can be had except on default on
1st mort. The lands mortgaged are about . (0,000
acres.
(V. 24, p. 543; V. 25, p. 41, 115; V. 26, p.
4i6; V. 27, p. 332.;
Cine. Ham. &
Dayton— Net income in 1877-8
$82,784 after payment of interest. Defaulted on
C. H & I. guarantee in 1877. (V. 25, p. 186, 569,
591; V. 26. p. 117, 599, 614 ; V. 27. p 3 0.)
Cincinnati, Lafayette db Chicago.—Gross earnings
$(28,172, net, $116,159. (V. 20, p. 568.)
in 1876-7,
Cincinnati &
Muskingum Valley.
Is leusedfor 99
from 1873 to Pittso., Cin. & St. Louis for net
earn’gs, but bonded interest is guaranteed. Net earn-,
ings, 1877, $25.885—total loss to lessee, $79,114. (V*.
22, p. 519, 614.)
years
Cincinnati, Richmond & Chicago.--Leased to Cin.,
Ham. & Dayton, which owns most of the stock.
income above interest, 1875-6, $8,229. (V. 21, p.
Net
62.)
Cincinnati, Richmond & Fort Wayne.—Leased to
Grand Rapids for 4)9 years.
Interest guaranteed 1
Gr.F-flo., Cin. Ham. & Dayton, and by Pennsylvan
Co.
(V.22,
p.
532; V. 24, p. 563; V. 27, p. 172.)
y
a
XTin
RAILROAD STOCKS AND BONDS.
Subscribers
will confer
[Vol. XXVII.
a
great iavor by giving
Immediate notice of any error
discovered in these Tables.
DESCRIPTION.
Miles Date
For explanation of
INTEREST OR DIVIDENDS.
Size or
column headings, Ac., see notes
Bonds—Prineiof
Amount
of
on first
par
>al, When Due.
Rate
page of tables.
per When
Road. Bonds Value. Outstanding
Where Payable and
by, Stocks—Last
Cent.
Pay’ble
Whom.
Dividend.
Cincinnati, Sandusky d Cleveland—Stock.
188
I
%
Preferred stock
do
do
2d
Sandusky city A Ind
Cincinnati, Sandusky & Cleve..
....
-go
48
114
471
138
mortgage
d Mich—1st
mortgage.
(Bel. & Ind.) excli. for
do
new
C., C., C. & I. sinking fund
‘Cleveland
mort.
390
390
80
67
67
35
145
d
,
—
.
'
Colebrookdulc—1st
101
18
1st
fi.st mortgage,
Logan & Straitsville Branch......
2d mortgage bonds
Columbus, Chicago & Indiana
Central—Stock
1st M. (consol.)
Columbus, Chic. A Ind. Central.
do
Chic.
.
do
«do
do
do
do
Chic. Air Line(Richm’d to
2d M. Col. A
Ind’polis Cent. (Col. to UnionLogans. )
do
Indiana Central
City).
to Ohio line )
<do
Chic. A G’t East, (Indianapolis
construe.
(Chic,
to
Rich’d )
do
Columbus,
A Ind. Central
Income conv. do Chicago
do
do
.
Columbus, Springfield
d
tf
Cincinnati—1st
.
....
*
-
^
500 Ac.
....
1,871
1875
oo
.
guaranteed
1,000
146
110
.
.
t
.
.
1869
1875
.
56
M., gold.
d North western—1st
mortgage, gold.
..
....
1,000
1,000
50
500 Ac.
500 Ac.
100 Ac
....
L
| 1874
1,000
!’0*6-’72
117 i 1869
160
1876
142
142
1871
142 1 1856
142 i 1867
1
.
.)
..
2d mortgage.
Bd mortgage.
.
..
142
..
guar. L. M. A C. A X
1,000
|
61 *2
33
.
and 3d mortgages
■'Danville, Urbana, BP ton d
Pekin—1st
100
|
52
1st, 2d
?e
....
41
.
1,000
■
i
i 1871
7
38
1866
3S ! 1863
110
guaranteed.
Danbury tf Norwalk—Stock
1871
|
.
.
Western—1st M.,
50
100
100
100 Ac.
100 Ac.
100
1873
38
38
s.
1st mortgage
bonds
50
■
....
41
by Conn. A Pass.
mortgage, sinking fund
Common
1,000
1,000
55
141
2d
d
1,000
1857
118
.
Conncclicut River—Stock
Connecticut Valley— 1st
Connecting (Phi-la.)—1stmortgage
mortgage
Cumberland tf
Pennsylvania—1st mortgage.
_2d mortgage,"sinking fund,
(guaranteed)...
'Dayton
1,000
1,000
.
1
guar,
175,000
429,000
3,000,000
2,422,000
2,759,200
630,000
*
50b,060
1,350,000
950,000
669,000
11,243,736
1,104,844
50
100 Ac
1,000
50
50
1,000
1,000
1,000
| 1869
61A64 .! 500 Ac
1865 i
1,000
10s.
3
6
1\
7
7
6
8 g4
7
7
7
584,000
1,272,000
2,011,600
1,500,000
300,000
700,000
775,000
313,000
217,750
821,000
666,500
341,400
3,692,000
74,024
1,000,000
2,343,000
1,786,200
302,000
1,500,000
7
7
7
7
7
7
7
7
10
7
7
7
7
7
7
2
7
5
350,000
2,175,500
1,272,000
123,000
400,000
400,000
262,500
2,100,000
1,000,000
996,000
803,500
594,000
1,777,850
161,000
109,500
81,800
558,000
600,000
500,000
2,000,000
1,710.000
2,395,350
1,286,100
1,870,000
426,000
356,000
105,500
614,000
,
'Cincinnati &
Springfield.—Leased
in
rto Clov. Col. C. A
I., with guarantee ofperpetuity
••on first
interest;
mortgage, half of interest is also
guaranteed
by Lake Sh. & M. S. (V. 23,
p. 232
)
Cincinnati, Wabash & Michigan.—Some
bonds
dield by L. Sh. & Mich.
So’n. but no indorsement
'that company. Went into
by
trustees’ hands
Jan., 1878
(V. 26, p. 40, 166, 192,
367.)
Cleveland, Columbus, Cincinnati
Annual
report in V. 26, p. 287.
Net
•
'
-
>
'
Indianap.—
Cleveland & Mahoning
lantic A Great Western. Valley.—Is leased to At¬
(V. 20, p. 85, 139; V. 23,
Ip. 232, 403.)
Cleveland, Mount Vernon &
Delaware.—Defaulted
July, 1874, and coupons due then
and one-half of
coupons from Jan. 1,
1875, to and including
July 1,
1877, were postponed to Jan.
and the remain¬
ing half to be p«id, but this 1,1885.
failed July, 1877, and
negotiations are penning. Gross
earnings 1877,
$388,896: expenses, $307,171;
net, $81,724. Interest
^charge. $121,982. (V. *2, p. 350;
V. 24, p. 248.)
Cleveland & Pittsburgh.--Leased
to Pennsylvania
Railroad at 7 per cent on
stock, besides
and interest, and
expenses
transferred to
Pennsylvania Co.
In 1877 there was a net
deficit of $207,111 to
lessee.
(V. 24, p. 63 ; Y. 26, p. 67,
287.)
Cleveland, Tuscarawas Valley &
Wheeling.—This
was sold under a 2d
road
mortgage, Jan. 27,1875, and
re-organized. Gross earnings.
i377, $491,463; net,
$181,52k (V. 24, p. 563;
V. 26, p. 289.)
*-
Colelrt'ookdcle.—Leased
ing.
to
Philadelphia &
No dividends paid on stock.
& Indiana Central.—On Jan.
leased (amended Feb. 1.
181",) by
Pittsburgh Cin. & St. Louis, guaranteed
Penn. Railroad.
by
The amended lease
guaranteed
interest on $15,821,000 of first
and second bonds.
Aug., ’74, default was made on the
$5,000,000 seconds.
was
April 1, 1875, defaulted on 1st mort.
The guarantee
interest was absolute, but the
Pennsylvania Rail¬
road
of
&
•$438,778, against $702,917 in 1876. earnings 1877,
(V. 24, p. 249
320; V. 25, p. 510; V. 2ft, p.
287.)
r
Co’umbus, Chicago
2*2, 1S69, it
Read-
claims that the C. C. A I. C.
Co. did not fulfil
all its part.
Bondholders claim that no such failure
after bonds had been
sold with the
guaranty could
prejudice their rights. The case
Justice Harlan of U. S. Circuit. was argued before
Court, Aug., 187S.
Interest on most of the old
prior bonds has been
taken up. (V. 23,
p. 40, 254, 547; V.
24, p. 157
420, 589: V. 25, p. 62, 113,
522, 574; Y. 27, p. 172, 199.) 495; V. 26, p. 166, 389,
Columbus cf-. Tote Jo. Gross
earnings, '77, first
of
-
year
operation, $330,882; net, $119,602.
(V. 26, p.39i>.)
Columbus & Xenia.—This road is
leased to the Lit*
tl
Miami Co., and both roads
for 99 years to Pitts¬
burg Cinn. & St. Louis
Co.; the lease is guaranteed
by Pennsylvania Railroad, and the
terms are 8 per
cent on stock aHd
interest on bonds.
Concord.—Net receipts in
1877-8,
r
24,
p.
541; Y. 26,
p.
521.)
$340,453.
(V.
Concord cf;
Portsmouth.—Leased to Concord RR.
$25,000 per year.
Connecticut <& Passumpsic.— Annual
report to
June, 1878. showed net
for year
$222,590,
against $244,340 in 1876earnings
7. Tne new
at
$1,5(K) 000 will retire
of
previous issues. (V.mortgage
23, p. 301,
547; Y. 25, p.211,431; V.
26, p. 367.)
Connecticut Central. Net
earnings,
(V. 22,
p.
209.)
1876-7, $12,390.
1902
July 1, 1891
Feb.
Until 1899
May, 1899
June 1,1914
1877
Aug. 1, 1893
Sept., 1906
Jan., 1890
Jan.
Jan.
Jan.
Dec.
1, 1900
1, 1901
1, 1905
2, 1878
Jan., 1892
Nov. 1, 1900
Jan. 1, 1913
June 1, 1898
June 1, 1890
Aug., 1878
Oct.
1, 1897
July 1, 1880
Jan.
1, 1892
Nov., 1904
Dec., 1905
Feb., 1884
Y., A. Iselin A Co.
do
do
do
do
do
do
J.
J.
A.
A.
A.
S.
A.
1, 1876
J me, ’75 to ’84
1893 to ’95
N.
N.
do
do
Dec., 1883
do
do
do
do
1886 to’90
Nov., 1904
Jan., 1882
Feb., 1890
N. Y., A. Iselin A Co.
N. Y., Union Trust Co.
New York.
Sept. 1, 1901
Aug. 1, 1905
Columbus Treasury.
10, 1878
Sept.
M. A S. N.
Y., Am. Excli. N. B’k Sept. 1,1890
M. A N.
Boston, Tower, G. A Co. Nov. 1, 1878
J. A J.
Boston.
July 1, 1878
F. A A.
Boston Office.
Aug. 1, 1878
A. A O.
do
April 1, 1893
Various
do
Jan. 1,1881
F. A A.
do
Aug. 1. 1878
J. A J.
do
July 1,' 1889
A. A 0.
Oct., 1895
J. A J.
Boston, Bost.A Alb.RR. July. 1, 1878
J. A J. IN. Y., Am.
Exch. N. Bk. Jan. 1, 1901
M. A S.
1900-’l-’2-’3-’4
M. A S. New Philadelphia.
York, Co.’s Office. March 1, 1891
M. A N.
do
Q.-M.
7
7 g.
5 g.
the
1
April, 1908
A J.
A O.
A A.
A J.
M. A
J. A
J. A
F. A
F. A
F. A
M. A
F. A
1*3
*8x8,899; not, $357,755. against $386,831 in
1876.
(V. 24, p. 395; V.
25, p. 90; V. 26, n. 390.)
382, 461.)
D.
Phila., Co.’8 Office.
D. Boston, Treas.’s
Office.
A.
Columbus, Office.
0. N. Y., St. Nich.Nat. B’k
J.
do
do
J.
do
do
Various
2*2
Cincinnati, Sandusky &
•ending June 30, lmd, gross Cleveland.—In the year
Colorado
earnings were $"14,323; which holdsCentral.—Buiit
mainly by Union Pacific,
expenses, $524,ftl7; net
the bonds,
earnings,
$5,270,593 in all. (V. 23, p.
$119,906.
Six 183; Y.
coupons on ‘2d mort. bonds
26, p. 626.)
funded,
beginning with
June, 1877. (V, 25. p. 380,
Columbus d Rocking
407, 430, 5 1 0 5)1; V.
2 ), p. 116,
Valley.—Gross earnings,
141; V. 27, p. 303,
1877.
Dec. 1, 1890
April 1, 1901
*
Cleveland, Ohio.
A
A
A
A
A
A
Aug. 1, 1900
Sept. 1, 1877
Various
8
8
6
7 g.
6 A 7
J.
J.
F.
A.
J.
J.
J.
A.
F.
J.
1
7
7
1
G g.
7
4
7
6
6
6
2
7
7
7
7
1872
Nov. 1, 1878
A. A O.
3^2
1%
N.
do
do
A.
do
do
S.
do
do
D. N. Y.,- Union Trust
Co.
O.
N. Y., U. S. Trust Co.
J.
do
do
J.
Wabash, Indiana
A.
N. Y., U. S. Trust Co.
D.
do
do
J.
do
do
N.
do
do
D. New York or
London.
N.
Cleveland, Office.
A.
N. Y., Ward, C. A Co.
S.
J. N. Y., Union Trust Co.
J. N.Y.,
Winslow, L. A Co.
do
do
S.
do
do
Q.-M. N. Y., Farm. L. A T. Co.
J. A J.
do
do
M. A N.
do
do
J. A J.
do
do
F.
6
7
2,700,000
13,938,972
10,428,000
451,000
2,632,000
Boston, Office.
M. A
A
7
M. A
7
J. A
7
A. A
7
J. A
7 g. J. A
3
F. A
7
J. A
7
J. A
7
M. A
7 or 6 g. J. A
3*2
Mi A
7 g- F. A
7
M. A
7
J. A
7 g. J. A
7 g.
7
M. A
1,336,000
2,180,000
531,500
.
Davenport
50
500 Ac.
1864
1865
45
f.
s.
1,824,000
14,991,800
3^847,000
mort.
New mortgage
(for $1,500,000).
Notes, coupon
bonds,
1,000
.
&
Toledo—1st mortgage, coupon,
Xenia—Stock
1st mortgage
Concord—Stock
Concord tf Portsmouth —
Stock,
do
1,000
100 Ac.
587
.
Columbus
Columbus
1,000
*
102
72
224
.
1,000
1,000
1868
117
208
93
61
102
107
.
'
500 Ac.
100
588
A G’t East. (Chic, to
Logan sport)...
Col. A Ind’polis Cent.
(Col. to Ind’s A br.)
Union A Logansp’t
(U’n City to Logansp’t )
Tol. Logansp’t &
Cob A Ind. 1st A Burl.(Logansp. to Ill line )
2dpref.(Col: to U’n City )
Cinn. A
1,000
1,000
1867
1870
1872
89
588
.
50
500 Ac.
500 Ac.
500 Ac.
.
76
13
651,000
1,000
.
1868
1870
78
89
Hocking Valley—Stock
mortgage, sinking fund bonds
2,000,000
1,000
1,000
1862
1867
1873
.
mortgage
Colorado Central— 1st
mortgage, convertible
Columbus cf*
100
500
50
199
199
.
1,000
1,000
1,000
'
1873
1876
1870
1870
1871
1875
stock
350,000
1,100,300
..
.
.
_■
Construction and equipment bonds.
„
429,037
750,000
.
1860
1864
1869
1874
202
Mahoning Valley—Stock
1st mortgage,
extended
New bonds
Niles A New
Lisbon, 1st mortgage
Cleveland, Ml. Vernon d Del.—1
st mortgage,
1st mortgage,
gold..
Columbus Extension
Income mortgage
'Cleveland d
Pittsburgh—Guaranteed
4th
mortgage (now 1st)
.
$4,005,750
50
1866
1852
1867
1871
1872
1871
....
Oin., Wab.
do
$50
138
do
Phila. and Carlisle, Pa.
A. A O. Phila., T. A.
Biddle A Co
A. A O.
do
do
A. A 0.
do
do
F. A A.
New York.
Q.-M. New York and
Danbury
J. A J. 'New
York, 84
A. A O.iN. Y., Farm. L.Broadw’y
A T. Co.
.T
Q.-J.
AD.'
A. A O Cincinnati.C.
II.A D.Co.
Q.-J. N. Y., Winslow. L. A Co.
J. A J
do
do
M. A S
do
do
A. A 0
do
do
M. A S
do
do
J. A J N.
Y., Am. Exch.
-
-
N. B’k
May lj. 1888
Oct.
1, 1878
April 1, 1904
April 1, 1908
Jan. 1, 1884
Feb. 1, 1894
June,
1878
1880, ’90, ’92
April, 1909
Dec. 1, 1906
April, 1878
July, 1878
July, 1881
Sept., 1887
Oct., 1888
Mar., ’81 A ’94
Jan.
1, 1905
Connecticut Pdver.— Net income
1S77-8. $205,686,
against $201,911 in 1876-7.
(V. 23, p. 500; Y. 26, p.
94; V. 27, p. 517.)
Connecticut \ alley. In default and
to State Treasurer
Net earnings.
622; Y. 25.
p.
as
trustee
surrendered
for bondholders.
p. 40, 575,
1876-7, $59,019. (V. 23,
GIG; Y. 26, p. 18,40.)
Connecting.—Leased
to
Philadelphia & Trenton,
by Pennsylvania;
6 per cent on
$1,27 8,300 stock, and interest on terms,
the bonds.
Cumberland
Pennsylvania.—Owned and oper¬
ated by Consolidation
Coal Co., which
guarantees
2d mortgage. Stock
$1,500,000. (V. 22,
and operated
p. 415.)
Cumberland ValleyThe stock is
owned in large
part by Pennsylvania Railroad
Ccy Net earnings.
1877, $254,253. Large advances have
been made to
branch roads. (V.
24, n. 135; V. 26, n. 493.)
Dakota Southern..—The
earnings of the road are
reported at $207,000 in
1877, and net earnings $100,000. Second mortg. bonds
for $600,000 •were can¬
celled and pref. stock issued.
S. fund is 4 p. c. in
1879 and 5 p. c. afterwards.
(V. 25, p. 609; V. 26,
p. 334.)
Danbury cfc Norwalk.- -Gross
earnings, 1876-77,
$165,215; expenses,
$114969;
net
earnings,
$50,275. (V. 26,p. 141.)
Danville. Urbana, B oominqton &
Pekin. This is
a part of the
now
Indianapolis Bloomington
Sec I.
in defaul t.
Davenport
1876,
after
B. & W.
cf:
-
& Western,
Northwestern.—Organized
fo~eclosure.
Gross
June,
earnings 1877,
$201,510; net, $32,983.
Dayton cf" Michigan.—Leased in
perpetuity to Cin.
Ham. & Dayton, which
pays interest on bonds, and
guarantees
dividends oh stock,
holding itself
$1,398,100 of the common.
(V. 21, p. 62 .)
Leased to Little
with that to Pittsb. Cin.
Miami, and
& St. L. About
$90,000 of
old ext.
mortg. bonds of 1881, are
yet out, which
will be retired
Dayton <t Western.
-
shortly.
November 30,
EAILROAD STOCKS AND BONDS,
1878.]
Subscribers will confer
a
great favor by giving immediate notice of any error discovered in these Tables.
DESCRIPTION.
For explanation of column
headings, &c., see
at the head of first page of tables.
notes
Miles
of
Delaware A
195
115
roads and equipm’t (for $10,000,000)
Bonds (convertible June 1,1875 to ’77)
Lackawanna & Bloomsb., 1st mort. (extension)..
288
on
do
Denver A Boulder
2d
mortgage
Valley—Mortgage bonds,
coup..
Denver Pacific—1st mortgage,
gold, land*grant..
Denver A Rio Grande—1st mort., gold, sink, fd
.
Arkansas Valley, 1st mortgage
Des Moines A Fort
Dodge—1st mortgage, coupon
Detroit, Lansing A North.—1st mortgage
Ionia & Lansing, 1st mort., coup., may be reg
do
2d mortgage
do
do
Detroit A Milwaukee—1st mortgage bonds
2d mortgage, April 28, 1856
1st funded coupons, Nov. 15,1860
2d funded coupons, Nov. 13,1863
Bonds of June 30,1866 (conditional)
Sterling (Oak, & Otta. RR.) Oct, 1, 1853, gold....
Dollar (Oak. & Otta, RR.) bonds, Oct, 1,1853
1st mort. (Detroit A Pontiac RR.), April 1,1851.
3d mortgage (Detroit A Pontiac RR.), Feb. 1854.
2d mortgage, (Detroit & Pontiac RR.), Jan. 1853.
Bonds of Sept. 1,1866, (Limit $300,000)
Bonds & mortgage on Detroit real estate
Dubuque d• Sioux Ciiy—Stock
1st mortgage, 1st division
1st mortgage, 2d division (for $1,400,000)
Dubuque Southwestern—1st mort., pref., sink, fd
1st mortgage, Oct. 1,1863
Dunkirk, Allegh.Valley A Pittsburg— 1st mort., gold
2d
3d
mortgage.
mortgage
East Broad Top.—1st mortgage, registered
East
Pennsylvania—Stock
1st mortgage
/
Last Tennessee, Virginia A Georgia—Stock
1st mortgage sinking fund bonds
East Tenn. A Georgia ($92,000 are endorsed)
East Tennessee and Virginia (endorsed)
2d mortgage to U. S. Government
Eastern (Mass.)—Stock
Essex RR.lst mort. (extended for 20 years)
Old loans exchangeable (int. ceased Sept.,’76)
88
182
59
59
189
•
•
•
....
....
....
....
....
•
.
•
•
....
....
....
....
1,000
100 Ac.
100 Ac.
500 Ac.
1,000
1,000
250 Ac.
500 Ac.
Various
Various
500 Ac.
100 Ac.
500 Ac.
1,000
1,000
1,000
1,000
Various
100
500
500 Ac.
500
1,000
1,000
1,000
1,000
1,000
1870
50
....
100 Ac.
1858
100
....
1,000
1,000
1,000
1870
50-’56
1856
100
1856
....
1876
1860
1866
39
39
47
75
75
75
...
E)He A Pittsburg—Stock
1st mortgage, convertible into consolid. mort
2d mortgage, convertible
Consolidated mortgage free of State tax
Equipment bonds
Europ'n A N.A m.—1st M., Bang’r to Winn.,Bang’r l’u
Laud grant 1st mort. (2d mort. Bangor to Winn.).
Bangor A Piscataquis, Bangor loan, 1st mortg...
Evansv. A Terre Ha ate.—1st m., Ev. A Ill., s. f
1st mort., sinking fund (Evansville to Terre H,)..
....
....
1860
1863
1,000
500
50
100 Ac.
100 Ac
1862
1865
1868
58
49
.
1,000
1869
1869
1869
1852
1854
1860
1870
1873
56
2d
mortgage, gold
Fitchburg—Stock
Bonds, coupons ($4,000,000 authorized)
100 Ac.
100 Ac.
100
50
50
....
81*2
81*2
81*2
Rockville extension
51
109
23
55
55
189
1,000
....
500 Ac.
1,000
1,000
500 Ac.
1,000
1,000
100
1874
Flint A Pere Marquette—Stock...:
Consolidated mortgage, sinking fund
1st mort., land grant, 3d series
Flint & Holly RR.
(sink’g fund$25,000 per year).
Bay City, E. Saginaw, 1st mort., guar by lessees.
Bay County, issued in aid, guar by lessees.
283
283
190
17
13
1,000
100
1872
1868
1868
1867
1,000
500 Ac.
500 Ac.
500
Construction bonds
Holly, Wayne A Monroe, 1st mort., sinking fund.
$b?,044.
Floating debt, $259,033.
(V. T2, p. 209, 257; V. 26, p. 342.)
Delaware Lackawanna & Western. —Operations
consist largely of coal mining and transportation.
No annual " report is made, except that required to
the State authorities of Penn. For 18T the income
account i6 given thus:
Net earnings from transportation
$4,491,858
Less loss in Coal Department, Ac
1,922.660
Balance of earnings.
Interest on bonds
Rentals for 1877
$2 479,19/
$201,957
3,185,202—3,387,219
Loss for year 1877.
$908,021
The mortgage authorized for $10,000,000 is to
take up prior bonds with $2,820,090, and the
.
balance for cash resources. The Morris & Essex
Railroad is leased and some of its bonds guar¬
anteed. (V. 24, p. 181, 605 ;,V. 25, p. 457; V. 26, p
191.)
Denver A Boulder Valley.— This road is leased to
the Denver Pacific.
Denver FaAfic—Land grant, 1,100,000 acres. In
1876 gross earnings were $331,145; net earnings.
$165,537. Receiver appointed April, 1878. (V. 25,
p. 62,476; V. 26, p. 342,408, 414, 549; V. 27 p. 253, 274.)
Denver & Rio Grande.—Narrow-gauge road.
Leased from December 1, 1878,' for thirty years to
Atch. Top. & Santa Fe, at 43 per cent of gross
earnings first year and thence decreasing. (V. 24, p.
444; V. 26, p. 599; V. 27, p. 67, 227, 331, 382, 434, 514,
539.)
Des Moines & Fort Dodge.—This is part of the
Des Moines Valley, reorganized after foreclosure.
Of the bonds, $1,HH>,000 are incomes. Coupons of
Jf.n., 1877, were funded. Net earnings 1877, $18,766
7
8
7
7
10
2V>
1
1
1
1
7 g.
7
7
7
3
7
3
7
r
6
6
4
3
6
194,400
12,522,338
.
100
Evanville, Terre Haute A Chic.—1st mort., gold
$238,405; net,
6 g7
M.
M.
J.
M.
A.
M.
M.
M.
M.
J.
J.
J.
M.
M.
M.
J.
M.
Where Payable, and bj
Whom.
Dover, Co.’s Office.
Phila.,Girard Nat. Banl
Phil., Fid’lity I.T.A.S.Cc
Philadelphia.
New York, Office.
A S
do
do
A S
do
do
A D
do
do
A S
do
do
A O
do
do
A N N.Y., Loud. A Frankft
A N N. Y., Bk. of Commerce
A N N. Y., Rutten A Bonn.
A N
do
do
A J
New York.
A J.
Boston, Co.’s office.
A J.
do
do
A N.
do
do
A N. N.Y.,M.K. Jesup,P. A Co.
A N.
do
do
A J.
do
do
A N.
do
do
J. A J.
New York A Detroit.
M. A N.
New York A London.
M. A N. N.Y.,M.K.
Jesup,P.A Co.
A. A O.
do
do
F. A A.
do
do
J. A J.
do
do
M. A S.
do
do
Various
Detroit office.
A. A 0. N.Y\,M.K.Jesup,P.A Co.
J. A J.
do
do
J. A J.
do
do
J. A J. N.Y.,M.K. Jesup.P.A Co.
A. A O.
do
do
J. A D. N.Y., N.Y. Cent. A Hud.
A. A O.
do
do
A. A 0.
do
do
J. A J. Philadelp a, Co.’s Office.
J. A J. Phila,, by P. A R. RR.
M. A S.
Phila., P. A R. office.
A. A O. N.Y.,R.T. Wilson A Co.
J. A J. N. Y., Gallatin NatTB’k
J. A J. N. Y., R. T. Wilson A Co.
M. A N.
do
do
J. A
M. A
J.
S.
Boston.
do
65
1871
1,000
3’2g. M. A S.
400,000
200,000
500,000
500,000
500,000
1,000,000
570,000
1,998,400
291,700
6
-
6
5
2ig
312
7
5
1%
7
7
7
92,300
2,193,000
745,000
1,000,000
2,000,000
814,000
281,000
611,000
rr
4
6
6 g.
6 A 7
7
rr
»
i
125,500
775,000
325,000
5,000,000
500,000
3,298,200
3,242,000
2,058,000
386,500
100,000
8
8
10
10
75,000
10
47,405
1,000,000
8
8
7 g7 g.
3*2
7
Boston and Loudon.
J. A J. Phila., Girard Nat. B’k.
A. A O.
do
do
Sept. Baltimore, N. Cent. RR.
M. A N. Phila., Penn. R. R. Co.
J. A J.
do
do
J. A J. Phila., Penn. Trust Co.
A. A O. Phila., Penn. R. R. Co.
Q.-M. N. Y., Union Trust Co.
J. A J.
do
do
A.. A O.
do
do
J. A J.
do
do
A. A O.
do
do
J. A J.
Boston.
M. A .S New York and Boston.
A. A O. Boston, Second N. Bank
I. A J. N.Y.,Farm. L’anA T.Co.
M. A N.
do
do
F. A A.
do
do
M. A N. N.Y.,Farm.L’an A T.Co.
J. A J.
do
do
T. A J.
Boston Office.
A. A 0.
do
-
M.
M.
M.
I.
M.
J.
J.
*
Stocks—Last
Dividend.
July 2, 18781, 18SG
July 1, 1895
August, 1905
July 20, 1876
March 1,1881
Jan.
A N. N.Y., Mereli’nts’Ex.B’k.
A S. NT. Y., Meehan. Nat. B’k.
A N.
do
do
A J. Newark. N. J., Sav. Ins.
A S.
New York.
do
A J.
A J. N. Y., Meek. Nat, Bank.
June, 1892
March, 1885
April 15,188G
Nov. 1, 1900
May 1, 1899
Nov. 1, 1900
Nov. 1, 1900Jan. 1, 1904
Jan. 1, 1907
July 1, 1889
May 1, 1880 v
May 15, 1875
May 15, 1875May 15, 1875,
May 15, 1875July 1, 1886
Nov. 15, 1873
Nov. 15, 1873
April 1, 1878
Feb. 15, 188-6
Jan. 1, 1878
Sept., 1 1886
.
Various.
Oct. 15,1878
1882.
1894
>
July, 1883”
Oct., 1883
June, 1890
Oct. 1, 1890
Oct.
1.
J ul v
1, 1903
1890
July 16, 1878
Mar. 1, 1888--
April 1, 1876-,
July 1, 1900?
1880 to 1886'
May 1, 1886
Sept., 1906
Jan.
1, 1880
Apl. 1. 1886
Sept.; 1878
Nov., 1878
July, 1878,
Jan. 1, 1880s
Oct.
1, 2862
*
Sept. 10, 1878July 1, 1882
April 1, 1890
July 1, 1898
Oct. 1, 189Q
Jau. 1, 1889-.
Mar. 1, 1899*
April 1, 1890
Jan. 1,
Nov. 1,
1887
T887
Aug. 1, 1880»
May 1, 1900.
Jan.
Jill v
1,
1,
19021878
April 1, 1894
May. 1902
Sept. 1, 1888May 1, 1888Julv
1, 1882
Sept. 1, 1887
Jan. 1, 1876.
Jan.
1,
1901
Detroit Lansing & North.—The old road was f 1877-73 net i come was $629,792.
The Eastern in
sold in foreclosure December 14, 1876, ami new < N. II., a separate corporation, is leased. (V. 25,
company organized by bondholders, who issued i p. 590, 618: V. 26, p. 548; V. 27, p. 15, 251, 35>, 382,
$1,874,600 common (dock and $2,504,000 pref. s*ock.
Net earnings 1877, $282,946. (V. 23, p. 599; V. 26,
Eastern Shore.—Formerly leased, but now operp. 28 8.)
ated on own account since December. 1869.
Bill
filed for foreclosure.
Detwit & Milwaukee.—This road was operated by
(V. 22, p. 297; V. 27, p. 15.)
the Great Western of Canada, but defaulted in 1873.
Elmira Jeff. (6 Canandaigua.—Originally leased
and sold in foreclosure Sept., 1878. Net earnings in
to the New York & Erie Railroad Co. and Operated;
1877 were $134,303. The Detroit & Pontiac interest
by it until May 1, 18:i6, when the lease was transhas been paid.
(V. 25, p.334, 381; V. 26, p. 117, f rred to the Northern Central
j 537.)
232, K42, 367, 391, 419, 574, 599; V. 27, p. 15, 40, 67,
172, 251, 356.)
Dubuque & Sioux City.—Leased to Illinois Cen¬
tral, in 1867, for 20 years, at 35 per cent of gross earn¬
ings first ten years, and 36 afterwards. In 1876 gross
earnings were $978,279.
Dubuque Southwestern—Farley to Cedar Rapids, la.
Gross earnings, 1877, $105,312; expenses, $97,215.
(V. 26, p. 264, 459.)
Dunkirk AUegh. Valley <& Pittsburg.—A consoli
dation, Dec. 1, 1872. Road leased and bonds mostly
held by New York Central & Hudson, which pays
interest
as
rental.
Ejst Bread
Top. —Mainly a coal road, earning
bituminous coal.
On line of road areRockhill Iron
& Coal Company’s furnaces (2), with a capacity of
20,000 tons pig iron annually.
East Pennsylvania.— Leased to Philadelphia &
Reading. Dividends are 6 per cent per annum.
East Tennessee Virginia & Georgia. — Leases
Memphis & Charleston'Railroad for its own account
and risk, paying over net earnings.
Gross earn¬
year ending June 30, 1877, were $1,010,079; ex¬
penses, $668,923, and net earnings, $341,156.
See
annual report in V. 25, p. 406. (V. 23, p. 402; V.
ings
25, p. 40tt.)
Eastern
A
(Mass.).—Company embarrassed
1875.
general mortgage was made to fund the old issues
of deht,
bearing 3>4 per cent for three
cent for three years,
years, 4 per
and 6 for balance of term.
In
Railway Co., by
which it has since been operated.
Elmira A Williamsport—Leased in 1SJ3 to North,.
Cent, for 999 y’rs. Rent amounts to $165,Of0 per y’J’^
Erie & Pittsburg.—Leased in perpetuity to tfee .
Pennsylvania Railroad and transferred to Penn. Co.;,the terms guarantee 7 p. c. per annum on stock and
debt. Net earnings, 1876, $190,892. (V. 20, p. 425.)
European & North Ametncan. — Defaulted in
If-75. Sterling mort. on New Brunswick Division
forec'osed August, 1878.
(V. 24, p. 463; V. 25, p»
113; V. 26, p. 18, 142, 418; V. 27, p. 148, 251.)
Evansville & Terre Haute.—This was the Evans¬
ville & Crawfoidsville.
Common stock is $1,-
preferred, $100,000.
Net earnings 1877-8,
$178,748. The company paid 2)4 per emit div.dend
Nov., 1878. (V. 25, p. 456; V. 27, p. 53'.)
tvansville, Terre Haute dt Chicago— Gross earn-~
020,307:
ings*1876-7, $203,371; net, $70,923. (V. 21, p. 136.) »
Fitchburg—Leases Vt.& Mass. Net income, 1876-7,,
above rental and interest. $2s6,753. N itesoutstand- '
ing Sept. 30, 1877, were $So3,000. (V. 26, p. 94, 117*.
391, 548.)
Flint & Pere Marquette.—Gross
.
Sept. 1, 1907
July 15,1873
Sept. 15,1890
760,038
2d mortgage, convertible
Delaware.—Leased by Phila. Wilmington & Balti¬
for 6 per cent on stock and bonds, but if 30
er' cent of gross earnings does not pay that, the
alance is charged annually to Del. RR. In 1877, 30
p. c. was $125,941. (V. 26, p. 1 4 l.)
Delaware & Bound Brook.— Part of the new route
between N. Y. and Phila. Gro-s earnings 1877,
7
6 A 7
J
J
J
A
Q.-J.
g.
g.
g.
g.
7
4,997,600
....
J. A
J. A
J. A
F. A
8
8
7
8
190,000
282
Mortgage funding”certificates
more
2,350,000
6,382,500
1,040,000
2,200,000
1,897,000
770,000
81,000
2,500,000
1,000,000
628,525
377,115
1,702,519
150,866
51,000
150,000
250,000
100,000
110,000
103,266
5,000,000
296,000
586,000
81,500
450,000
2,000,000
1,000,000
200,000
500,000
1,309,200
495,900
1,968,274
3,019,000
862,400
147,000
1,000
1,000
1870
1873
270
242
112
130
209,000
550,000
500 Ac.
1863
1864
1863
1863
1870
7
7
7
7
7
7
7
7
7
6
7
370,900
1,000
1,000
Payablei
2ig
1,495,000
600,000
....
....
36
Eastern (shore, (Aid.)—1st mortgage, convertible
Elmira Jeff. A Canandaigua— Stock.
Elmira A Williamsport—Stock common
Preferred stock
1st mortgage bonds
Income bonds, 999 years to run
500 Ac.
....
143
100
43
55
55
90
90
90
30
36
3
6
6
7
100,000
650,000
1,500,000
26,200,000
1,633,000
50
1856
1860
1863
1866
1853
1853
1851
1854
1853
1866
.
$1,430,216
....
1858
1870
1869
1870
1870
1874
1877
1869
1870
1855
When
r
1,000
1856
1877
1872
1859
60
25
22
106
291
43
pei'[
Outstanding Rate
Cent.
....
....
....
Amount
$50
....
85
27
guar.
Value.
1859
1875
1875
13
P. W. & B
Bound Brook—1st mortgage
do
or
Par
Bona s—Pmioi-
INTEREST OR DIVIDENDS.
Size,
of
85
Delaware. Lackawanna A Western—Stock
2d mortgage (Delaware, Lackawanna & Western)
Mortgage
Date
Road. Bonds
Delaware Railroad—Stock
Extension mortgage.
Mortgage bonds, convertible,
xix
earnings 1877>
$997,965; net earnings, $416,679, against $366,074 in
1876. The lands are in five trusts; sales in 1877, 8,508
acres, for $95,984; total net sales to Jan. 1, 1878,
275,722 acres, for $2,277,436; lands yet unsold,
235,779 acres. Coupons on consol, bonds picsed
Nov., 1875. and part were funded. (V. 24, p. 29 T 4
V. 26, p. 417, 548.)
.
XX
RAILROAD STOCKS AND BONDS.
Subscribers will confer
a
great favor
by giving immediate notice of
any
[Vol. XXYII.
discovered "in these Tables,
error
DESCRIPTION.
Miles
Date
For explanation of column
headings, &c., see notes of
of
at the head of first
page of tables.
Road. Bonds
Florida Central—1st
mortgage,
gold, coupon..
Fonda. Johnstown & Gloversville—1st
mortgage
Flushing, North Shore d Cent.—1st mort. (F1.& I
*2d mortgage (FI. & N.
S.)
Central of L. I., 1st
mortgage
do
do
Extension 1st mortgage
Fort Wayne, Jackson & Saginaw—1st
59
1877
1870
1869
1870
1872
1873
1869
1871
1869
1871
1871
1873
1872
1870
10
S.)
58
....
'
....
....
mort., coup...
2d mort. and equipment
bonds, coupon
Fort Wayne, Muncie & Cincinnati—1st
2d
•
'
100
100
109
109
26
215
50
35
232
mort.,gold...
mortgage
Framingham & Lowell—1st mortgage bonds
Gcdveston, Harrisb.d S. Antonio—1st mort, gold,
Galveston, Houston & Rend, of 1871—1st mort l.gr.
*Geneva, Ithaca & Sayre—1st mort., s. f., gold
'Georgia Railroad d Banking Co—Stock
Bonds, not mortgage
do
do
Grand Rapids d Indiana—Stock
1st mort., land grant,
gold (guar, by Pa. RR)
1st mort., gold, ($2,409,000 are
land grant)
Income mortgage bonds, for
$10,000,000
Grand Trunk (Can ad a)—Consolidated
stock
New stock for £10,000,000
Debenture stock for £8,000,000 (act of
Canadian debentures
Equipment mort., 1st
332
332
332
332
....
....
....
.
.
.
.
.
.
....
....
....
....
....
’58-’78
iioo
1871-2
1877
B
I
1876
....
1878
54
54
120
120
74
(Hempstead to Austin)
2d
3d
mortgage, gold
mortgage .consolidated
Scrip for past due coupons.......
•
Illinois Contral—Stock
Redemption, 1st and 2d series...
1,000
50
1853
ioo
100
118
47
401
1873
1872
58
58
58
1854
1857
1865
•
Mortgage bonds, sterling
....
....
....
2d mortgage.
•
Lafayette—Stock.
Indianapolis & Cincinnati of 1858, 1st
Indianapolis, Cincinnati & Lafayette
mort.
do
112
202
202
217
181
184
90
179
Equipment bonds, registered
•
•
1,000
1,000
1,000
1,000
500
500
1,000
•
Ind., 1st mortgage
2d M., guar. ($1,000,000
due ’77 ext. t<
...
20
20
ioo
1864
1875
1874
1875
1877
1869
1870
1872
500 &c.
£200
£200
£200
1,000
1,000
1,000
1,000
50
1875
1858
100
500 &c.
1867
1869
1873
1873
1862
1867
1,000
1,000
150 &c.
500&C.
1,000
1,000
Florida
Central.—From Jacksonville to Lake
Bonds authorized, $59j,(JC0. Gross
e.irnings
1877-^*56,438.
Fonda, Johnstown tfc Gloversville.—Set
earnings
1875-'), $36,161.
Flushing, North Shore & Central.—Slow leased to
L. I. RR. There are, in addition to
above, $125,000
N. Y. & Flushing RR. 7s;
$140,uOO North Shore 7s;
and $93,006 Whitestone & Westchester
7s.
Com¬
pany embarrassed, Sept., 1877.
(V. 25, p. 334, 432;
\. 26, p. 469.)
Fort Wayne, Jackson &
Saginaw.—Traffic guaran¬
tee 40 per emt from Mich. Cent.
Interest was paid in
187? or $65,000, coupon due
Jan., 1877, on 1st mort ,
and $5,000 ae third
payment of $10 on 2d mort.
coupon of October, 1875.
Gross
earnings, 1877,
(V. 26, p. 2«4; V. 27, p.
Fort
Wayne, Muncie & Cincinnati.—Receiver
appointed November, 1874. (V. 23, p. 396.)
Framingham & Lowell. -Leased to Boston, Clin¬
ton & Fitchburg; has also
$250,000 8 per cent notes
due in
1882-3. (V. 26, p. 166.)
Galveston, Harrisburg & San Antonio. —Gross
earnings 1877, $1,052,568; expenses,
$360,204; net
earnings, $691,363. A sinking fund of
1 per cent
begins in I860. The company has 16 sections
of
land per mile. (Y.26,
p. 366.)
Galveston, Houston & Henderson.—Net
earnings
.1877, $178,680. (V. 24, p. 135,
181.)
Geneva, Ithaca & Sayre.—Sold
Sept. 2,
and
re-organized, this mo t. being the old I. & 1876,
A. mort.
XSee V. 23, p. 256, 304, 451; V. 24, p.
110.)
Georgia Railroad & Banking
an¬
.
Company—The
nual report for the last fiscal
year,
April 1,
1878, was published in V. 26, p. 468. ending
A comparative
statement for three years
was as follows:
1875-6.
1876-7.
1877-8.
Tot. gr. earng’s...
$1,194,324 $1,143,123 $1,0)3,712
•Operat’g expenses.
641,677
643,110
Net
earnings
552,646
5,083,024
3,000,000
4,000,000
475,000
500,000
1,000
707
Sterling bonds, (sinking fund £20,000 yearly)
Mortgage, sterling
I C. bonds, coup!
($2,000,000) M
$254,32); net, $109,669.
9,168,700
1869
Consol, mort., 1. gr. (coupon,
but n
Income and indemnity bonds
Huntingdon d Broad Top—1st mort., rold.
500,017
727,700
286,012
8
7
8
7
6
7
7
3
7
6
g.
g.
g.
g.
J.
J.
”7*g.
Dividend.
N.Y., Farm. L. & Tr. Co. Jan. 1, 1907
N. Y., St. Nich. Nat. B’k.
July 1, 1900
N.Y., Chatham Nat. Bk. May 1, 1889
do
do
do
do
do
do
N. Y., Farm’s. L.& T. Co.
do
do
Mar. 1, 1902
May 1, 1903
July 1, 1889
Oct., 1891
Oct., 1889
April, 1896
April 1, 1891
Boston, Office.
do
Boston.
Bost. & London.
1910
N. Y., F. P. James & Co.
July
1, 1902
N. Y., Metrop. Nat. B’k.
July 1, 1890
Augusta,Ga., RR. Bank. July 15, 1878
do
do
yearly to 1890
do
do
July 1, 1897
& J. N. Y., Winslow, L. & Co.
do
do
M. & S.
do
do
1899
1899
1906
A. & O.
*
6*g
A.
J.
Various. F.
5 g
J.
5 g
J.
4 g. J.
5-16
A.
A.
2*2
5
J.
6
J.
7
&
&
&
&
&
&
&
&
&
&
6 g.
O.
J.
London, at Co.’s Office.
do
do
do
do
do
A.
J.
J.
J.
O.
1,200,000
1,182,550
700,000
820,000
1,180,000
100,000
300,000
150,000
6,227,000
2,305,000
940,000
3,292,000
1,359,500
416,000
367,500
1,383,000
97,907
29,000,000
2,500,000
2,500,000
4,598,000
1,000,000
1,600,000
3,000,000
1,500.000
5,500,000
5,587,150
1,419,400
1,600,000
2,800,000
1,767,000
do
do
446.300
353,000
499,000
1,497,000
J.
M.
J.
F.
J.
J.
J.
J. N. Y., B’k. No. America.
S.
do
do
J. N. Y., Farm. L. & T. Co.
A. N. Y., B’k. No. America.
& J.
do
do
& J.
Pliila., Co.’s Office.
& J.
do
do
‘<y
7
•1-5
1
Bridgeport & Boston.
Bridgeport and Boston.
F. & A.
6
do
....
7
7 g.
m
3.
J.
J.
A.
7 g.
7 g.
8
7
& J. N. Y., Nat’i.
City Bank.
& J.
do
do
& J.
do
do
& 0. N. Y., J. J. Cisco & Son.
1884-1887
Mar., 1885
Jan. 1,1888
Jan., 1892
Jan., 1886
July 1, 1878
July 1, 1883
Philadelphia, Office.
F. & A.
A. & O.
•
5 g.
6
7 g.
8
7 g.
•
•
Oct. 15, 1878
1885
1889
1883
July 1, 1891
July 1, 1891
July 1, 1903
Oct.
1, 1912
.
A. & 0.
F.
A.
A.
A.
J.
J.
A.
J.
J.
do
_
....
7 g.
7 g.
7
6 & 7
3
6
6 g.
5 g.
do
do
do
Oct.
Feb.
1, 1890
1, 1895
April 1, 1895
do
do
do
N. Y., Co.’s Office.
N. Y., Co.’s Office.
•
& A.
& 0.
& O.
& 0.
& D.
<fc J.
& O.
& J.
& J.
Sept. 2. 1878
London.
London,Morton R.& Co.
do
do
N. Y., Co.’s Office.
New York.
do
do
April r, 1890
April 1, 1895
April 1, 1903
Dec.
Jan.
1, 1905
1, 1898
Oct., 1909
Oct., 1890
-
1912
A. & O. N. Y., Amer. Ex.
Bank.
F. <fe A.
do
do
J. & I).
do
do
!m. & s.
do
do
|M. & S.
do
do
J. & D.
do
do
‘J. & J. New York and Boston.
April, 1888
Feb., 1897
June, 1899
Sept. ’78,’80,’83
Sept. 1, 1883
Dec., 1892
Jan.’82,’87,’92
Houston
Texas Central. —Gross
months ending Feb., 187S, were earnings for ten
$2,35).4l2; net,
foreclosure sale the Western RR. of Ala.
(V. 24, p. 4 6 6, 468,
495; V. 25, p. 90; V. 26, p. 468.)
Grand Rapids
&
Indiana.—Gross earnings
187?, $1,097,107; net, $348,745, against $316,507
in
1876.
Unguaranteed bonds are secured by the
same
mortgage as the guaranteed on the land grant.
Ex. Lund Grant Bonds” to the
amount of $1,080,000 were a part
of the original $4,000,600 unguaran¬
$93',797.
Company
owns
5,240,000
acres
land
against first and consol,
mortgages, and other lands
and tots against income bonds.
(V. 25, p. 357; V.
26, p. 40, 290, 334.)
*‘
Huntingdon & Broad Top. - Capital stock is $2,Gross earnings in 1876 were
$270,141; net,
052,800.
$143,815.
teed
Interest passed
on 3d mortgage bonds.
p. 369.)
Minos Central.— The general
mortg. of 1S74 pro¬
vides for all bonds
outstanding. It is limited to
$15,000,000. The Company has become interested in
the purchase of the N.O.
Jack. & Gt. North on fore¬
closure, and has a similar interest in the Miss Cent,
sold under
consol.mortgage. In July, IS??, took the
Chic.. & Spring, under
(Y. 22,
,
Net earnings in' half year
ending July 1,1878, £213,750. Interest, rentals, &c.,
£212,541. (V. 26, p. 265, 443; V. 27, p. 95, 148,
382,
408, 460.)
Great Western
{Canada).— The above
given in pounds sterling. For the half figures are
year ending
July 31, 1878, th« gross receipts were £377,485;
working expenses, £231,993: net earnings. £90,387.
(V. 26, p 265, 443, 574; V. 27,
p. 94, 38V 513.)
Greenville & Columbia.—This
company defaulted
but compromised with its
bondholders. Net earn¬
ing- 1877, $180,614. (V. 22, p. 110; V. 26, p. 547;
V. 27, p 227.)
Hannibal & St. Joseph.— The
company has about
$2,500,000 in land notes, and about
acres yet
unsold. In 1877 gross earnings were 100,000
net,
$795,478. Interest charge, $660,000.$1,931,365;
The bonds
secured on land notes have a
sinking fund of $25,00o
per year. (V. 25, p. 162, 186,
237, 381, 407. 432, 592;
V. 26, p. 242,
390, 625; V. 27, p. 279, 487.)
Harrisburg Portsm. Alt. Joy <sr, Lancaster.— Leased
to Penn RR., which
owns a majority of the stock.
Housatonic.—Lease r Berkshire Railroad, Stockbridge & Pittsfield, and West Stockbridge. Gross
earnings in 1876-7 were
*589,407; net, $154,630. (V.
22, p. 232; V. 24, p. 274.)
Aug., 1870
:
2*
May, 1875, this company, with-the Central Ga.,pur¬
chased at
pounds sterling.
&
&
<fc
&
’
bonds; they were redeemed and are no longer a
lien on the land,
though still a m ntgage on the road.
Since Dec.. 1875, 1st
mortgage bonds red -emed by
sinking fund are rep aced by income bonds issued
to Continental
Improvement Co. The Penn, rail¬
road virtually
buys the coupons paid by it, and
holds them ‘(V. 24,
p. 5«J; V. 25, p. 334; V. 26,
p. 95, 192, 239, 44 3 548, 625.)
Grand Trunk (Canada).—The above figures
repre¬
1881 to 1886
do
....
6
8
7
8
10
3 hi
6
7
7
7
10
7
7
Perpetual.
Dec., 1890
Oct., 1880-82
do '
Columbia, Co.’s Office.
7*
"7
Irredeemable.
Irredeemable.
April, 1878
April, 1878
London & Montreal.
do
do
J. London Joint Stock B’k.
D.
do
do
—
’
-
April, 1877
Jan., 1920
Perpetual.
Irredeemable.
do
do
do
do’
do
0.
7
....
In
sent
Whom.
J.
7 g.
7
1,413,071
632,237
ioo
1867
1873
1866
1870
1,000,000
500,000
100
....
343
7
8
J.
J.
N.
N.
S.
N.
J.
0.
O.
0.
O.
A.
J.
J.
J.
& J.
& J.
Bonds—Princi
pal, When Due.
Payable, and by Stocks—Last
•
1853-7
1870
....
331.)
„
Various
....
15
53
1st mortgage
2d mort. bonds of I860
Equipment bonds of 1873
City.
500,000
....
....
143
296
J. &
J. &
M. &
M. &
M. &
M. &
J. &
A. &
A. &
A. &
A. &
F. &
J. &
J. &
J. &
7
1,500,000
500,000
1,000
1,800,000
1,000
500,000
500,000
1,000
4,200,000
1,000
1,493,000
100 &c.
600,000
100
4,200,000
500
522,500
1,000
399,000
2,800,000
1,000
4,000,000
1,000
3,524,000
1,000
516,000
£25
£3,486,787
£100
7,500,000
2,560,000
3,111,500
143
.
7 g.
7
7
7
200,000
500,000
1,200,000
3,218,149
2,327,808
7,166,910
£201e £6,037,991
£100
505,753
2,165,830
....
495%
350
350
145
$309,000
300,000
800,000
400,000
1,000,000
....
....
....
Preferred stock
Cin.
do
1,000
....
....
....
& Palmyra RR)
City & Cam. RR.)..
Harrisb., Fortsnith, M(. Joy d Dane.—Stock
1st mortgage
'
Rousatonic—Stock
Funded interest bonds,
coupon
1,000
500 &c.
500 &c.
INTEREST OR.DIVIDENDS.
Rate per When Where
Cent.
Payable
....
....
....
1st mortgage
(Quincy
1st mortgage (Kansas
do
100 &c.
500 <fec.
....
....
Missouri State loan
Bonds 1870, convertible
Bonds, secured by $2,500,000 I’d notes....
d
$1,000
Amount
....
....
on
Greenville d Columbia— 1st
mort.,guar.by State
Bonds not guaranteed
New mortgage (for
$2,500,000)
Hannibal d St. Joseph—Common stock
do
1873
1875
—
Debentures
Indianapolis, Cincinnati
1869
1869
1875
....
1874)....
or
Par
Value.
.
1,390
New bonds, coupon
mort., West div.
...
1877
....
all rolling stock,
do
2d
do
do
Postal bonds, &c., secured
by gov’t business
1st pref. bonds, conv. into 1st
pref. stock
2d
do
do
2d
do
3d
do
conv
Great Western (Canada)—Common stock
Preferred 5 per cent, convertible into
common.
1st
....
....
Size,
p.
206; Y. 24,
iease, ard issued the bonds
Annual report for 1877 (V. 26,
p. 164) gives causes for decrease in
earnings,
pects, &c. Following is a comparison for four pros¬
years:
Gross
Net
Interest,
Year.
Earnings.
Earnings.
&c.
1877
$6,639,845
* $2,546,561
$562,9u0
1876
7,040,969
2,144,776
616,792
1875
7,802,556
secured
on
that road.
2.670,081
661,098
7,900,721
2,775,362
413,610
(V. 24, p. Ill, 13-1, 158, 368,
444, 518; V. 25, p. 432,
458; V. 26, p. 164, 548,574.)
1871
Indictnapolis, Bloomington & Western—Default was
first made July,
1874, and foreclosure took place
Oct. 30, 1878. Receiver’s certificates
issued to con¬
siderable amount. The
Danville,
Bloom¬
ington & Pekin is part of this road.Urbana,
Net earnings
of main line in
18)6-7, $349,567. Western extension
deficit on operations,
$45,106. (Y. 26, p. 67, 190,
420, 470, 548; V. 27, p. 41, 148, 172,
199, 228, 357, 383,
435, 461, 486.)
Indianapolis, Cincinnati & Lafayette—The com¬
pany defaulted July, 1876, and
Mr.Jngalls, President,
wan
appointed receiver.
Gross
-
earnings 1877-8,
$1,309,037;
388.
p.
expenses, $814,697; net earnings, $194,(V. 25, p. 182, 380;.V.
26, p. 265,
V. 27,
172, 303, 3 5 4
,
333.)
625;
November 30,
RAILROAD STOCKS AND BONDS.
1878.]
giving immediate notice of any error discovered in these Tables.
Subscribers will confer a great favor by
DESCRIPTION.
-
For
explanation of column headings, &c., see note 3
at the head of first page of tables.
Miles
of
Road
Indian’polis Dec. <£ Spr.—lstM.,gld (for $1,800,000 )
2d mort., (income bonds only till July, 1881)
Indianapolis & St Louis—1st mort., In 3 series
1876
1876
85
71
1869
71
1870
1871
Equipment bonds
Indianapolis & Vincennes— 1st mortgage,
2d
117
117
519
guar
mortgage, guaranteed
International
& Great Northern—Consol, stock
international,
204
1st mortgage, gold
Houston & Great Northern, 1st mortgage, gold...
International 2d mortgage
Houston & Gt. Northern 2d
Funded coupon bonds.
Iowa Falls <t- Sioux City—Stock
1st mortgage, April 1, ’63
mortgage (Susquehanna to Carbondale)
.Jeffersonville, Madison & Indianapolis—Stock
Indianapolis & Madison, 1st mortgage
Jeff., Mad. & Ind., 1st M. (s. f. $15,000 per year).
do
do
2d mortgage
Joliet <£ Northern Indiana—1st mort., guar by M. C.
Junction, Philadelphia—1st mortgage
2d mortgage
Kansas City, St. Joseph & Council Bluffs—Stock
1st mortgage, Council Bluffs & St Joseph
Kansas City, St. Jo. & C. Bl., mortgage
do
do
income bonds, reg...
Kansas Pacific—Stock
1st mort., gold, coup., on 140 miles west Mo. Riv.
1st mort., gold, 140th to 393d mile
2d mort (to U. S. Gov.) on 394m. west Mo. River.
1st M., 394th to 639th mile, l’dgr., 3,000,000 ac’s
1st mort., coup., (Leavenworth Branch)
Income bonded coupon, 3d mortgage on 427 miles.
1st land b’ds, cp, or reg., gold, on 2,000,000 acres
2d land mort.,
do
do
do
Consol, funding mortgage
June. C. & Forf K., 1st mort., gold, laud gr., guar
184
250
9
38
226
86
159
159
44
1869
1870
1867
1869
1862
1866
1870
1877
4*2
•
•
•
Guaranteed 10 per cent stock
Consol, lshmort., (sink, fund, 1 per cent) coupon.
do
do
do
registered
2d mortgage, do. (for $25,000,000) coup, and reg.
Income bonds, coupon or registered
Mortgage bonds of Oct., 1869, sinking fund
.-.
1st mortgage, sinking fund, M. S. & N. I
2d mortgage (C., P. & A. RR.) registered bonds..
3d mortgage
do
Lake shore dividend bonds, April, 1869
1st mortgage (C. & Tol. RR.) sinking fund
mortgage
•
•
•
52
274
673
140
253
394
245
34
427
33*2
Buffalo & Erie, mortgage bonds
do
do
do
do
Det. Monroe & Tol., 1st mort., coup., guar
Kalamazoo & White Pigeon, 1st mortgage
Schoolcraft & Three River. 1st mortgage
Kalamazoo & Schoolcraft, 1st mortgage
Kalamazoo, Allegan & Gr. Rapids, 1st mortgage
do
do
2d mortgage
Lawrence—Stock
mortgage
Leavenworth Atch
K
IF—1st mort., ■crnar '
conv
Kansas C. & Santa Fe* 1st mort., guar
Southern Kansas, 1st mort., guar
Leaven., Law. i£ Galv.—1st mort., l.gr. ,s"f.,
Lehigh & Lackawanna—1st mortgage
Indianapolis, Decatur & Springfield —This
braces the former Indiana & Illinois Central.
em¬
The
earnings, F76-7, $101,105; net, $17,719.
p. 251.)
(V.
25, p. 511; V. 27,
IndianapdU & St. Louis— Of the 1st mcrtca^e
bonds series “A” are J. &
series “ C,” M. & N. The
J.; series “B,” M. & S.;
stock, $600,000, is owned
by Pennsylvania Co. and Cl. Col. Cin. & Ind. Be¬
to Penn, system, and leases the St. Louis A.
longs
& T. H.
In
1,000
1,450,000
1876-7, net earnings were $191,432.
Foreclosure suit pending.
V. 27, p. 41, 409, 454.)
500,000
5'500|000
3,264^000
4;o84;ooo
1,000
1,000
1,000
1,000
-
7
7
2,488,000
6
1865
1866
1865-7
1869
1,000
1,000
2,240,000
4,063,000
6,303,000
1,000
6,380,000
1866
1866
1870
1871
1876
1873
1853
1,000
600,000
4,275,350
1,578,000
1,500,000
1,500,000
600,000
1870
1,000
1,000
1,000
1,000
2,395,000
1,000
1,300,000
1 000
100
100
49,466,500
533,500
1,000
1,000
1,000
1,000
1,000
1,000
62
37
12
13
58 '
1868
1,000
1,000
1,000
500 &c.
1,000
(V. 26, p. 95, 614, 654;
*
S
£
i
/
9,206,000
3,294,000
883,000
5,256,000
1,000,000
1,000,000
1,393,000
1,595,000
849,000
200,000
300,000
2,844,000
924,000
400,000
100,000
100,000
840,000
610,000
422,000
500,000
450,000
341,000
7
7
7
7 '
7
7
7
7
7
7
7
7
7
7
7
7
8
8
8
3
7
7
1863
1869
1,000
1,000
1865
1,000
1 £70
1 000
600 000
1869
l'ooo
5,000,000
1870
1872
1,000
720,000
160,000
7
7
10
10
8
300,000
7
50
1867
■
•
*
•
2*2
JeffersonvWe, Madison, & Indianapolis.—Leased
Jan'. 1, 1873, to Pennsylvania Company for interest
and sinking fund of bonds, and 7 per cent, a year
on stock.
Lease guaranteed by Penna. Railroad.
In 1877, gross earnings were $1,177,916; net earn¬
ings, $199,033. (V. 26, p. 192.)
bond,
in place of
445; V. 25,
Joliet & Noi'thern Indiana.—This 7 percent
gnarat teed by Michigan Central, issued
old 8 per cents. (V. 21, p. £67; V. 24, p.
p. 592; V. 26, p. 40.)
Junction (Phil.)—Owned by connecting companies.
Cost of road
$898,324; paid-up stock, $185,000.
Dividend.
Jan. 1,
July 1,
July 1,
Oct, 1,
1906
1906
1919
1900
July 1, 1881
1908
1900
Feb.
J. N. Y., by Erie Railroad
N. Y., Farm. L. & T. Co
N.
do
do
do
O.
do
J.
do
do
J. N. Y., Farm. L. & T. Co
J.
Philadelphia Office.
do
0.
do
.
.
1, 1904
Sept. 2, 1878
April 1, 1899
1900
1887 & 1889
Jan. 1, 1889
Q.-F.
Aug., 1878
&
&
&
&
&
May 1, 1881
Oct. 1, 1906
July 1, 1910
July 10,1907
July 1, 1882
April 1, 1900
&
J. & J.
J. & J.
A. & 0.
6 g.
6 g.
6
7 g.
7
7
7 g.
7 g.
10
7 g.
7
7
5
6
7 g.
7 g.
1
5
844,000
237,000
(?)
lOO&c.
500 &c.
51
22
17
21
145
32
10
9,689,950
50 &c.
250 &c.
1869
si
500j000
4,493,428
Stocks—Last
B’li April 1, 1911
Jan. 1^ 1900
Feb., 1904
Boston.
O. N. Y., Nat. Park Bank
J.
New York.
J. Honesdale Nat. Bank.
&
&
&
&
M.
A.
J.
J.
J.
A.
6
6
300,000
2,789,413
1,000
1855
1866
1862
1866
1868
1876
.1869
1867
1867
95
95
2,409,000
2,000,000
800,000
500,000
.
Q.—M.
A.
J.
J.
J.
7
7
7
7
100 &c.
100
100
1866
1877
1877
..
1%
397,000
100
A. & O. N. Y., National City
J. & J.
do
do”
F. & A.
do
do
F. & A.
.do
do
8
2,000,000
2,000,000
1,000
1,000
1,000
1,000
1,000
7 g.
7 g.
7
7
300,000
100
500 &c.
A. & O New York, Co.’s Office
J. & J
do
do
Various N. Y., Union Trust Co.
A. & O
do
do
J. & J
do
do
F. & A N. Y.,Farm. L. & T. Co
M. & N.
do
do
1
7
2^960,000
4,000,000
1,000
1,000
1,000
864
451
2,787,620
4,625,000
1,000
1,000
7 g.
7
7
7
8
7
6
8
8
2,052,000
2,907,000
100
500 (fee.
1870
1873
1872
1869
1855
1859
1867
15
second
mortgage is issued to holders of old I.& I.C.
firsts, and till July, 1S81, Interest is payable out of
net earnings only, if sufficient.
Stock is $500,000.
Gross
2,000,000
917,000
1,7001000
do
stock, 6 per ct. guar.
Jamestown & Franklin, 1st mortgage
1st
864
864
864
Rate pe r When Where Payable and b;y
Cent.
Whom.
Pay’blc
$38,000
2,667,000
LOOO
500 &c
274
258
162
162
88
88
88
do
do
$1,000
1,000
1,000
3,000
•
99
Kentucky Central—2d mortgage
3d mortgage
99
1855
Keokuk&Des Moines—1st M., guar.,(for $2,750,000)
162
1878
Knox <£ Lincoln— 1st mortgage.
49 ’69-’72
82
1871
Lafayette Bloomington & Miss.—1st mortgage
37
1871
Lafayette Hfuneie <f: Tilnnmington—1st mortgage.
Lake Shore <£ Michigan Southern—Stock... T.
118i
2d
„
Outstanding?
1876-8
Jacksonv., Pens.&Mob—Florida State bonds, gold...
Jefferson (Pa.)—1st & 2d morts. (Hawley Branch)..
1st
Amount
par
1874
Bonds—Prinoi-
INTEREST OR DIVIDENDS.
or
Value.
1871
1872
1874
255
204
255
mortgage
Size
Date
of
Bond »
....
2d mortgage
xxi
Boston, at Office.
do
do
F. & A. N.
J. & D.
do
do
Y., Bk of Commerce
do
Jan.
1, 1880
Jan.
1, 1907
1, 1907
Jan.
Aug. 1, 1895
June 1, 1896
1895 to ’97
Payable ^ by transportation.
M. & N. N. Y., Lond. & Frankf’t May 1, 1899
M. & N. N. Y., Bk of Commerce. Jan
1, 1896
M. & S.
do
do
July 1, 1916
J. & J. N. Y., Lond. & Frankf’t. July 1, 1880
M. & S.
New York.
Sept., 1886
A. & 0.
do
Oct., 1879
A. & O.
New York.
April i, 1903
M. & S. N. Y., Bank of America.
March, 1883
do
J. & D.
do
June, 1885
A. & O.
New York Office.
Oct. 1, 1923
Various Bath, First Nat. Bank.
1880-1902
F. & A.
New York.
Aug., 1901
do
*
F.
F.
F.
J.
&
&
&
&
A.
A.
A.
J.
Q.-J.
J. & D.
A. & O.
A. & O.
M. & N.
J. & J.
A. & O.
A. & 0.
J. & J.
A. & O.
J. & J.
M. & S.
A. & 0.
F. & A.
J.
J.
J.
J.
A.
J.
J.
& J.
& J.«
& J.
& J.
& 0.
Aug., 1901
1, 1878
N.Y.,Grand Ccnt.Office. Aug.
do
do
Aug.
July
July
1,
1,
1,
Dec. 1,
Oct. 1,
Oct. 1,
May 1,
Jan. 1,
Oct. 1,
April 1,
July 1,
April 1,
July 1,
Sept. 1,
April 1,
Aug. 1,
Jan. 1,
July 1,
July 1,
■
<a
•
a
ce
g
£ 05S?
Sa
-
is
’S a
tj
®
£
tx ss
£- C_i
03 a
g o
agSfl
1885
1880
1892
1899
1885
1886
1882
1886
1898
1906
189<X
1887
1887
July 1, 1888
o
u
Oct. 1, 1878
Var. to July, ’97
June 1, 1894
& J.
& D.
Q.-J.
Pittsburg Office.
A. IV. Y., Winslow, L.&Co.
0. 1 if. Y., B’k of Commerce.
J. I'ifew York and Boston.
N.
Boston Office.
do
F. & A.
F.
A.
I.
M.
1878
1900
1900
1903
1882
1879
&
&
&
&
....
Oct., 1878
Aug., 1895
Oot. 1, 1889
July, 1899
May, 1890
1892
Feb., 1897
lessee. Leased to Chic. Rk. I. & Pacific for 45 years
from Oct. 1, 1878, on basis of 25 per cent of gross
earnings and a guarantee of new bonds at 5 per cant.
(V. 26, p. 470, 523, 546; V. 27, p. 357.)
Knox & Lincoln.—In 1877 net earnings were $48,943. Interest is paid on bonds by cities and towns.
Annual report for 1876, V. 22, p. 304.
Lafayette Bloomington & Miss.— Formerly leased
(V. 23, p. 353; V. 24, p. 445,468,
518; V. 27, p. 146.)
to Tol. Wab. & W.
Lafayette Muncxe & Bloomington.— In hands of
'(V. 24, p. 468, 518; V. 27, p. 146.)
receivers.
Kansas City, St. Joseph & Council Bluffs—The
above statement is made of the securities as issued
Lake Shore <& Michigan Southern.—The report for
Annual
report of operations fix months ending June 30, 1878. showed surplus
Co, through stock ownership, and interest is guar¬ in 1876, ana oatline of plan for issue of securities,
income applicable to dividends of $991,213, against
anteed by Penn. Railroad.
Net earnings in 1875 in V. 25, p. 62. (V. 22, p. 233, 495; V. 26, p. 399.)
$445,247 for same time in 1377. See V. 26, p. 645.
were $32,708.
(V. 20, p. 426.)
The following shows a summary for the years named:
Kansas Pas.—In 1877gross ear’ngs were $3,284,734,
1876.
1875.
1877.
International <fe Great Northern (Texas).—A con¬
solidation of the International and the Houston & and net earnings $1,367,777, against $1,280,467 in 1876 Miles
1,175
1,176
1,176
and
$1,572,880 in 1875. The land grant is m two Gross earnings.. $14,434,198 $13,949,176 $13,505,158
Great Northern.
Coupons funded in 1873 and
bonds issued for $2 787,620.
9,574,835
8,963,965
Receiver appointed trusts, 2,000,000 acres in the first, from the 1st to the Operat’g exp”es. 10,531,500
Apr., 1878, and new plan of re-organization made, as 380th mile, and 3,000,000 acres in the second, from Net earnings
3,902,697
4,374,341
4,541,193
Stock
per Chronicle, V. 27, p. 95,331. Net earnings, 1877, 380th mile westwaid, (Denver Extension.) See 1st
50,000,000
50,000,000
50,000,000
$466,248. Land grant about 5,100,000 acres. (V. 26, page Supplement of Sept., 1878. The company Total debt
37,774,COO 87,524,000
87,274,000
P. 342, 547; V. 27, p. 95, 331.)
(V. 23, p. 33, 254, 622; Y. 24, p. 16, 418; V. 25, p.
Sve
ids,ato S. J. Gilmore, subject only to tbe land
Iowa Falls & Sioux City—Leased to Illinois Cen¬
mortgages. Foreclosure pending under first mort¬ 16, 63, 230, 510; V. 26, p. 442, 645.)
tral at 35 per cent, on earnings.
gage of 1869 (Denver extension). (V. 26, p. 192,391,
Lawrence.—Leased to Pit tab., F. Wayne & Chic,
Iron Mountain, Chester <fs Eastern—This was for¬ 420, 470, 548, 626, 653; V. 27, p. 16, 41, 95, 96, 121,
at 40 per cent on gross earnings. Lease transferred
merly
the Chester & Tamaroa. Bonds are in de¬ 136. 300, 228, 251, 253, 274, 275, 280, 357, 383, 435, 539.) to Pennsylv’a Company. Net earnings, 1875, $84,177.
fault since 1873, and foreclosure sale ordered. (V.
Sinking fund has $14,000 bonds. (V. 20, p. 425.)
22, p. 614.)
Kentucky Central.—This was formerly Covington
Leavenworth Atch.dk N. W.—Operated by Missour
& Lexington.
The company purchased the MaysJacksonville, Pensacola <k Mobile.—This road is ville & Lexington road. In Jane, 1878, it paid a Pacific.
mortgaged for a like amount of Florida State bonds, dividend of 3 per cent on preferred stock of $500,000
Leavenworth. Lawrence dk Galveston.—Defaulted
and is held
by the State and noticed for sale April and 1 per cent on common stock of $4,500,COO. on interest July, 1873. Sold in foreclosure Aug. 9,
2,1877. (V. 22, p. 158; V. 23, p. 63, 256, 576; V. 24, Gross earnings 1877-8 $648,342; net, $246,694. (V.
1878, for $760,000. (V. 26, p. 265, 420, 600; V. 2/, p.
P- 40, 204; V. 2Z,p. 212.)
24, p. 495; V. 26, p. 673.)
200.)
Lehigh dk Lackawanna.—Operated by Central Qf
Jefferson.—Leased to the Erie Railway Company, Keokuk <k Des Moines.—The stock is $1,524,000
which pays interest on the bonds. (V. 14, p. 628.)
pref. and $2,600,400 common—a majority held by New J ersey as a coal road.
Indianapolis & Vincennes.—Is controlled by Penn.
since re-organization.
qnit claim deed, August 1, 1878, of all its
„
Jxsii
RAILROAD STOCKS AND
subscribers will confer
a
great favor by giving
DESCRIPTION.
1st
2d
,
common and
pref
301
mortgage, coupon and registered
101
101
232
60
mortgage, registered
Consol, mort., gold, $ & £
(s. fd. 1 p.c. v’ly) cp. A
reg.
Easton & Amboy, 1st
mortgage
(for $10,000,000)
Delano Land
Company bonds, endorsed
Lewisburg Centre <£ Spruce Creek— 1st
mortgage...
Little
1st
Miamir-Stock,
19
196
81
common
mortgage
Street connection bds
(joiutly with Cm. A Ind.RR.)
Little Rock <£ Fori
Smith—New stock
1st M., ldgr’t (750,000
Little Schuylkill—Stock acs) s.fund (for $3,000,000)
1st
mortgage, sinking fund,
Logansp't, Crawfordsv. & S.
W.
Long Island—Stock
1st mortgage, extension
1st mortgage, Glencove Br
1st mortgage, main
Newtown &
Flushing,
g.
Cecilian
extension, Louisville
....
Lawrence:—Stock
3d mortgage
4th mortgage.
Scioto & Hocking
Valley RR., 1st mortgage
Balt. Sliort Line,
stock, 8 p. c. guar by M^A C...
do
do
1st mort.,
by M. AC
Cincinnati & Baltimore RR., guar,
stock
do
do
1st
Marquette, Ft. & O—1st mort., I’d mortgage
gr., M. A O., coup.
1st mort., I’d gr.,
H. & O., coup.
2d mort, land
grant, M., H. A O., coup
3d mort.,
do
do
do
Memphis <£ Charleston—stock
1st mortgage, Ala. A Miss.
Div., convertible
mortgage
Consol.
M.,g. ($1,400,000
Memphis <£ Little Rk.—1st
1st M.
on
91
in.
M. (paid
in Tenn.)
$50,000 yearly)
after ’82)
mortgage, $ or £
General mort., laud
grant, (s. f.
Metropolitan (N. Y. City)—1st
$10,000
Michigan Central—stoek
1st mortgage,
convertible, sinking fund
1st mortgage, convertible
Consolidated mortgage (for
$10,000,000)
Michigan Air
Michigan Air
Line mortgage
Lehigh Val.—This company’s
earnings are chiefly
from anthracite coal. The
gross income from all
sources, in 1876-7, was $.7,1 >0.218;’net
$3,037,396.
The Co.’s report gives no
general balance sheet,
nor the cost or value
of its miscellaneous
invest¬
ments:
Of the E. A
been issued to L. Vr.Amboy mort., $5,000,000 have
Company. A comparative
statement for three years is as
1874-5.
follows:
18T5-6.
1876-7.
(tons) moved... 3,277,527 3,951.513
4.362.124
Gross earnings
$5,016,495 $7,049,646
Operating expenses.. 3,262,861 3,812,750 $d,48S,036
3,162,822
♦Coal
Net earnings
Capital stock
Funded debt
debt
Floating
♦
$2,783,633 $3,203,896 $3,325,214
27,1-92,297 27,228,920 27.228,855
22,129,000 24,186 000 24,301,000
460,208
635,813
Anthracite.
(V. 24, p. 110; V. 25, p.
283;
V. 26, p. 67, 340.)
Little Miami.—This
company leases the Columbus
& Xenia, and both are leased
to
Pittsburg, Cincin¬
nati & St. Louis,
guaranteed by Penn. RR., lessees
assuming interest payment on bonds and 8
per cent
on stock.
Net earnings,
1876, (L. M. & C. & X.)
$226,555. (V. 20, p. 427; V. 24, p. 420.)
Little Rockdc Fort
Smith.—Foreclosed Dec. 10,1874.
Re-organized and stock issued for old bonds.
Net
receipts, 1876, *51,044; in 1377,
$114,126. (V. 25, p.
63; V. 26, p. 549.)
Little Schuylkill.— Leased and
operated
delphia & Reading. Dividends, 7 per cent.by Phila¬
Logansport, Crawfordsville
cree
of sale made.
The total
& S. W. of Ind.—De¬
liabilities. September
1875, reported at
$4,097,000, of which $322,000 were
receiver’s certificates. (V.
22, p. 63; V. 23, p. 428.)
Long Island.—Gross earnings, year
ending Sept.
30,1876, $1,134,753; net
leased lines from Mayearnings, $383,608 (including
1); interest and rentals,
$276 ,331. Net earnings for three
years before, were:
1874-5, $213,50J; 1873-4. $317,831;
1872-3, $365,333.
In Jan., 1376. a sale of stock
was made to Mr.
Poppenhusen, and this ro.id afterward leased ihe Flushmg No, Shore A Central, and the So. of
L. I., and
:
1856
1,000
1863
1863
1,000
1868
1,000
1873
1871
1872
1,000
£200
£200
....
26
355
355
....
1867
1869
1870
1872
1872
1860-1
19
38
....
72
33
22
188
188
r
-
-
1870
3,620,120
3,898,600
1,100,000
496,500
756,800
....
.
.
1871
1861
1863
IS 65
1870
1869
1861
1861
'I860
1870
1873
1866
•
....
30
5
1869
.
425,000
217,300
1,166,700
150,000
300,000
2,450,000
1,050,000
100
100
500 Ac
....
....
2,500,000
3,000,000
4,000,000
....
300,000
1,125.000
ioo
1,000
750,000
1,200,000
44
94
1871
1872
1873
109
292
500.000
1,000
1,000
1,910,000
2,000,000
1,000
840,000
1,000
706,000
25
181
272
292
133
133
5,312,725
1,260,000
1854
1867
1877
....
1877
1877
1,000
1.000
250 Ac.
1878
1,000
800
....
281
284
....
1872
1869
....
1,000,000
1.951,000
250,000
2,600,000
1,000
1,000
1,000
■
1903
1901
1901
1881
Jan., 1897
1907
July, 1878
1886 A 1887
1886
April, 1898
Nov.
1, 1883
Dec., 1901
Aug., 1902
Apl. 2,1878
Nov., 1878
J.
....
April 1, 1912
1890 to 1891
Oct.,
July,
July,
July,
1900
1898
1901
1891
April 1, 1883
Oct, 1, 1895
May 15, 1890
July 1, 18 S9
Aug. 1, 1891
Aug. 1, 1891
May 1, 1896
July 1, 1890
April, 1908
May 1, 1896
July, 1878
Dec. 1, 1904
May 1, 1878
Jan. 1, 1900
June 1,1892
July 1, 1891
Aug. 1, 1892
Sept. 1.1903
Portland.
Company’s office.
S.
do
do
do
do
....
N.Y.,R.T. Wilson A Co.
do
do
J.
do
do
Jan.
A O.
A N.
A J.
A N.
1, 1885
Jan. 1, 1916
H.Talinadge ACo. Yearly—’79-’83
do
do
do
do
do
do
do
do
do
July, 1907
,
N.Y., Central Trust Co.
A J. N. Y., Union Trust
Co.
A 0.
May 1, 1880
July, 1908
June 1, 1878
Oct. 1,1882
Oct. 1,1882
May 1,1902
do
do
do
Jan. 1,1890
1890
p.
Stock, $2,306,600. Net earnings, 1876,
$347,687.
Memphis <£ Charleston— This road was leased in
June, 1877, to theE Tenn. Va. A Ga. RR Co. for net
earnings. See full account in V. 26, p. 115. Of the
new con-ol.
mortgage $1.400 000 is secured by old
Tenn. State lien
for $1,736,906,
assigned to a trus¬
tee, and enough is reserved io take
up 1st and 2d
mortgages. Net ear* ings 1877-8, $307,000. (Vp. 304; V. 24, p. 519,
565; V. 25, p. 255; V. 26, p*
115.)
Memphis & Little Rock.—Sold
reorganized.
„
April 28, 1877,
*
and.
The iand grant of about
1,600,000
acres, is covered by general
mortgage,
per cent annually till 1882 and 8
which pays4
thereafter, payable
Jcnuary and Ju y.
Metropolitan (N. Y. Ci y).—1 his is the elevated
road formerly know i as the
‘’Gilbert.” (V. 27,p.l48-/
Michigan Central —The fiscal year will hereafter
end witn Dec
Maine Centred.—The total
earnings for the year 1877
$1,654,237; operating expenses. $1,003,583; net
earnings, $65 )J.9-J-sufficient to pay $603,5 9 for
interest and
were
rents, and leave
31.
For seven month-, Juue-Dec.*
KV77, net earnings on main line and branches were
$1,312,498. Floaiing debt has been
paid off. "h0
JacksPn L.A S. debt is assumed
a balance of
$47,179
$1,011,000 of consol, bonds in the
floating debt. (V. 22, p. 3 5 0; V. 24, p.
344; V. 25, p. 187; V. 26, p. 341.)
sold
year to pay
gross eam-
May,
April,
Sept.,
Jan.,
(V. 24, p. 214; V. 25, p.
216, 342, 496.)
Marquette. Houghton & Ontonagon.—This is a
consolidation of Marquette
A Ontonagon and
Houghton & Ontonagon, and operates
8S)tf miles.
Lands amount to 425,000
acres, chiefly timber and
mineral.
;
operated with
at 25 per cent of
1873
1890
1884
July, 1898
Manchester and Boston. Nov. 1, 1878
308, 335, 519; V. 26,
,
Fitjhburg,
July 1, 1895
July, 1878
Oct., 1882
Aug., 1900
Consolidation made June, 1875.
(V. 20, p.
615.)
Marietta db
Cincinnati.—Capital stock is $14,000,
000. Gross earnings
for the year 1876 were $1,637,052; expenses, $1 291,870; net
$345,181,
against $371,424 net earnings inearnings,
1875. The Balti¬
more & Ohio Railroad
made large advances for
construction, Ac. Default was made in
1S77 and a
receiver was appointed in suit to
foreclose the 4th
mortgage, which is nearly all held by Balt. & 0.
'lhe first m rtgage
bondholders complain of the
piyment of intere-t on guarantees which are in¬
ferior liens to their own.
(V. 23, p.
Boston/
MY894883
L ings.
co.
to.
A
Jan., 1892
May 1, 1902'
Sept. 10,1878'
Oct., 1890
Jan., 1902
A 0. Bost., Nat. B’k
Com’rce.
A A. Bost., N. Bk.
Commerce
A O.
do
do
A J.
do
-do
A
Sept., 1910
1898 A 1923
1887
1879
do
New York.
July.
(V 25, p. 113.)
Mansfield & F}'amingham.—Leased
A.
F.
A.
J.
J.
J.
A.
Oct. 15. 1878
June, 1898
do
M. A N. N.Y.,
8
8
line. Net
$100,458. against $100,435 in 1876-7. earnings 1877-8.
(V. 25, p. 39;
V. 27, p. 66.)
Clinton &
N.York, Union Trust Co.
J.
A.
A.
M.
J.
M.
Mahoning Coal.—This coal road runs from An¬
to Youngstown, O., and is leased to
tbe
Lake Shore & M. S. for 25
years from May,
1873, at
40 per cent of
gross earnings.
•
were
A. A O.
J. A J.
M. A N.
J.
Madison & Portage.—Controlled
by Chic. Mil. &
Gross earnings, 1876,
There
N.Y.,M.K. Jesup.P.ACo.
M. A N.
J. A J.
4
6 g.
7
Lawrence.—Formerly
as one
A J.
A J.
J.
M. A
7
7
7 £T.
8.000,000
1,900,000
200,000
the Concord RR.
Boston.
Philadelphia.
do
Augusta.—Leased and
by the
Georgia Railroad, which guaranteesoperated
all the bonds
except $100,000 of first mortgage. Gross
earnings,
1977-8, $99,787; expenses,
$104,6C7. To be fore¬
closed. (V. 26. p,
468; V. 21, p 252.)
Manchester &
0.
do
Louisville & Nashville. In 1877-8
gross earnings
$5,607.598, and net $2,344,242;
above
interest, $684,391. Nashv. & Dec. surplus
is leased, and
liabilities for the S. & N. Ala. are
assumed.
(V. 25,
p. 41, 332, 356; V.
26, p. 142, 653; V. 27. p. 63,
3 6 4, 462, 5
36.)
Lowell & Lawrence.—Leased ta
Boston & Lowell.
(V. 25, p. 357.)
Lutcens Valley.—Leased to Summit
Branch Rail¬
road at $62,500 per annum.
dover. O
Drexel, M. A Cc.
New York.
London, Baring Bros."
do
do
J.
8
8
$31,896.
O. N. Y.,
N.
D.
A.
Stocks—Last
Nov., 1880-’85
Oct, 15, 1893
do
A A.
were
459.)
do
Louisville.
A
$2,100,0110 stock. (V. 24, p. 170, 469, organized
565; V. 25,
p. 16, 335, 35 6, 433, 533; V.
27, p. 302.)
St. Paul.
of America.
do
do
F.
Receiver’s bauds October, 1S77.
(V. 23,
p. 112; V. 25, p. 334, 432, 510; V.
26, p. 290, 392.)
Louisville, Cincinnati & Lexington. — Sold in
foreclosure Oct, 1, ’77, for
$731,000 to 2d mort. bond¬
Macon &
Louisville.
Y., Drexel, M. A Co.
J.
1,501,000
556,000
New
A.
O. N.
do
8
went into
with
Y., Bank
8
10
O
holders, subject to above liens.
Drexel, Morgan A Co.
A J. Bost., Nat. B’k
Conrrce
A O.
Portland, Me.
A. A O. Bost., Nat. B’k
Com’rce.
6 g- M. A N.
Belfast and Boston.
7
J. A J. Boston, Bost.
Nat.Bank.
7
F. A A.
Balt.,
R. Garret A Sons.
7 g. F. A A.
London.
7
M. A N. Balt., R. Garret. A
Sons.
8
J. A J.
do
do
8
A. A O.
do
do
7
M. A N.
do
do
4
J. A J.
do
do
7
J. A D.
Merch. Nat. Bank
Balt.,
4
M. A N.
do
do
7
J. A J.
do
do
8
J. A D. N.
Y.,
18,738,204
1,000
1,000
do
do
do
do
J. N.
J.
O.
....
7
6
6 g.
7
6
6
6
6
10
600,000 p.m.
S.
Q.-F.
...
633,000
....
50 I 1872
-
do
do
do
do
O.
A.
M.
J.
F.
A.
J.
Schuyler.
N.Y.,8t. Nicholas N.Bk.
N.
N.
7
7 g.
7
6 g3
A
A
A
A
A
Boston.
Philadelphia Office.
Company’s Office.
A N.
A
A
A
A
A
A
A. A
F. A
A. A
2*2
1,480,000
100
100 Ac.
M.
M.
M.
A.
M.
J.
J.
7
7
7 g.
7
5
1,000,000
1868
....
3,500,000
2,304,720
200,000
600,000
400,000
370,000
600,000
1,000
100
6
7
Various
M. A N.
A. A O.
77,000
1,000
1,000
F. A A.
1*2
Cincinnati.
do
N. Y., Jones A
pal, When Due.
Dividend.
Y., Bank of America.
*
7
6
6
7
6
225,000
-
Q.-F.
...
9,003,218
849,000
100
1.000
T. A J.
J. A J.
A. A 0.
3*2
275,300
Whom.
Cincinnati.
M. A N. N
Various
7
8 g.
7
7
6
7
7
Payable, and by
Philadelphia Office.
Q.-M.
7
*
....
A J.
M. A N.
Tables.
Bonds—Princ i-
Philadelphia, Office.
J.
6
6
250,000
600,000
100,000
3,000,000
1,000,000
7,070,000
2,000,000
In these
J. A D. Reg. at
office, cp.B’kN.A
M. A S.
Philadelphia, Office.
J. A D.
do
do
7
2
7
333,000
Q.—J.
7
6 g6
7
106,500
1,000
392
130
83
,12
103
10
j
1,000
1,000
100 Ac.
100
392
284
Line 1st mort.,
assumed by M. C
500
500
500
500
1877
20
Maine Central—Stock
1st mortgage,
consolidated
2d
....
V*
mortgage
....
1871
1871
1851
1867
1877
■
Cincinnati—1st mortgage, dollar
1st mortgage,
sterling
2d mortgage
500 Ac.
100 Ac.
50
500
...
Madison <£ Portage—1st
mort., gold
Mahoning Coal.—1st mortgage, coupon
Manchester &
<&
....
175
175
737
77
77
39
43
1
6
5,000,000
2,650,000
2,646,100
492,000
1,500,000
3,300,000
175,000
150,000
1,121,500
1,000
50
1860
1864
1868
1873
loan
Bonds ($1,100,000
loan) A. &. K. RR..
Extension bonds, 1870, gold
Maine Central loan for
$1,100,000
Leeds A Farmington Railroad
loan
Androscoggin Railroad, Bath City loan
Portland & Kennebec, 1st
mort., extended
do
do
consolidated mortgage....
Belfast A Mooseliead, 1st
mortgage
Mansfield <£• Framingham—1st
Outstanding
discovered
Rate per
When Where
Cent.
Payable
$50 $27,228,855
1,000
5,000,0001,000
6,000,000
1,000
13,301,000
Held by L.V.
1,000
1.697,000
1,545,000
50
4,608,000
1,000
1,500,000
1,000
525,000
....
1877
1870
4
10
19
65
Branch, 1st mortgage..'
Consolidated 1st mortgage for
$8,000,000
2d mortgage
bonds, gold, coup
Memphis A Ohio, 1st mort.,
sterling, guar
Memphis & Clarksville br., 1st
mort., sterling
Lowell & Lawrence—Stock
Lykens Talley—Stock
Macon <£: Augusta—1st
mortgage
2d mort., endorsed
by Georgia Railroad
Marietta
1875
95
guar
Louisv. Cin. <&Lex.—Louisv.
l’n(to Louisv.& Frankf.)
Louisville Cincinnati A
Lexington, 1st mort
New mortgage,
coupon, for
Louisville <& Nashville— Stock $1,000,000
Louisville loan, main stem (no
Lebanon branch, Louisville loanmortgage)
Lebanon branch, 1st
mortgage
do
1853
1864
158
New York &
Rockaway, guar
Smith town A Port Jefferson
Amount
error
INTEREST OR DIVIDENDS.
....
....
123
123
31
31
92
extended 1877
oflnd.—1st mort.,
1868
1870
1873
1877
1872
[Vol. XXVII.
immediate notice of any
Miles Date Size, or
For explanation of column
of
of
Par
at the head of first headings, &c., see notes
page of tables.
Road. Bonds. Value.
Lehigh Valley—Stock,
BONDS
!
by Mich. Cent.,
which also pays $70,000
per year on the stock, oncthird of which it
owns; the proceeds of J. L. A
lauds go to pay bonds. (V.
26, p. 549.) interest was
November 30,
RAILROAD
1878.J
Subscribers will confer
a
column
xxiil
INTEREST OR
Date
es
neaumgs, <xc., s<
at the head of first page
AND BONDS
great favor by giving Immediate notice of auy error discovered in these Tables*
DESCRIPTION.
iiauanui: uj.
STOCKS
of tables.
of
Road
.
Size,
o
r*
Bonds—Princi¬
piVIDENDS.
pal, when due.
Amount
peir When Where Payable, and by
Outstanding5 Rate
Cent.
Whom.
Payabl e
of
Par
Bond a
Value.
1874
1870
1870
1866
1869
$1,000
$556,000
1,000
1,000
1,000
640,000
70,00C
1,000,000
500,000
491,200
424,000
1,906,000
1,277,000
680,000
2,001,000
2,134,000
750,000
3,969,600
455,000
1,100,000
280,000
1,000,000
1,100,000
21,405,000
Slocks—Last
Dividend.
,
Michigan Central—(Continued)—
Equipment bonds.
Kalamazoo & South Haven, 1st mort., guar,
do
do
2d mort., guar.
Grand River Valley, 1st mort., guar. 5
do
do
2d mort., guar
do
do
stock, guar
,39
..
39
84
84
do
mortgage (not guar M.C.
Jackson, Lansing A Saginaw 1st mort.... 'J c
do
1st mort. (N. of Win.), conv. } i
.
.
100
.
.
1st mortgage, gold (Tebo. & Neosho)
Consolidated mortgage, gold, on road and land..
2d mortgage, income (for $10,000,000)
Hannibal & Central Missouri, 1st mortgage..
Missouri Pacific—Stock
1st mortgage, gold
.
.
.
.
.
coupon, may
.
2d
1512
161
161
85
.
Mobile d Ohio—Stock
1873
1853
per cent bonds
mortgage, sterling
1871
1871
21
40
mortgage, not endorsed
Monticello d Port Jervis—1st mortgage
Moiris d Essex—stock
1st mortgage, sinking fund
2d mortgage
Convertible bonds.
Construction bonds
Gen. m. & 1st on Boouton Br. Ac. (guar. D.L.AW.)
Consol, mort. (for $25,000,000) guar. D. L. A W..
Special real estate mortgage
Nashville. Chattanooga d Si. Louis—stock
Bonds to U. S. government, 2d mort
Bonds endorsed by Tenn
New 1st mort. (for $(>,800,000) coup*
Bonds of N. C.A St. L., 1st mort. on two branches
1 st mort. on Tenn. APac
Nashville d Decatur—Stock, guar’d 0 p. c. by L. & N.
1st mort. guar. s. f
2d mortgage
Nashua d Lowell—Stock
Bonds for freight depot (gold)
Naugatuck—Stock
Nebraska—Consol, mort.,
1,000
& 225
guar
800,000
700,000
4,500,000
250,000
5,000,000
1,947,000
300,000
800,000
2,794,800
977,550
5,643,000
1,517,300
100 Ac.
1,000
1875
100 &c.
100 &c.
1,800,000
1,000
330,000
1870
1,000
500,000
50
15,000,000
5.000,000
3,000,000
25
1871
75
30
122
1,000
1.000
1,000
--
1870
1867
1 9.0
1 99
1,000
500
100
54
1873
1869
15
13
( >SA70
6
7
7
6
7
g.
g.
g.
2*sg.
300,000
1,512,000
1,837,000
206,000
800,000
6 g.
8
I.
I.
r.
11.
r.
r.
^V.
1\L
I
&
&
&
A
A
a
A
A
A
1,000
1,836,000
1,300,000
800,000
7
5
7 g.
lL A
IJ. A
I I. A
2*2
7
do
do
do
do
July 1,1902
Jan., i*899
June, 1903
1904-1906
April 19,1911
May, 1890
May 1, 1892
Feb., 1885
Oct.'T,’1893
New York.
N.
N.
i8*88
Aug.,
July. 1891
Y., Company’s Office.
do
N.
Jr. A
525,000
do
do
do
do
Jan. 1,1899
do
Ipril 15,1890
Y., Nat. City Bank.
Jan., 1889
Y., Drexel, M. A Co.
July 31, 1878
A. & O. New York A Nashville.
5
605,000
1, 1927
1, 1907
April 1, 1902
Y., Union Trust Co.
March
do
J. A J. New York or London.
F. & A. New York, Co.’s Office.
M. & 8.
do
do
M. & S. N. Y., G. Opdyke A Co.
J. AD.
do
do
Q-J. N. Y., Union Trust Co.
J. & J. N. Y., Del., Lack A W.
M. & N.
do
do
P. A A.
do
do
I. & J.
do
do
P. & A.
do
do
A. & O.
do
do
I. & D.
do
do
2,000,000
500 Ac,
50
500 Ac.
Feb.
Jan.
New York.
Q-M.
£1. A N. New York and London.
M. A N.
Mobile.
M. & N:
London.
J. & J. New York and London.
M. & N.
Mobile.
8
6
7
6
6
3
7
6 g.
2
6 g.
July, 1878
1, 1907
Jan.
Boston, Co.’s office.
A. A O.
J. & J.
T*
Dec., 1901
June 1,1895
do
do
do
do
St. Louis.
M. & N. N.
A. & O.
J. & J.
1902
July 1,1885
May 1,1890
Sept. 1,1891
Y., Company’s Office.
niont’ly
7
1*2
4
4,700,000
320,000
& J. N.
& D.
F. & A. N.
J. & J.
M. & N.
6 g.
7
8
7
7
6 g.
10
10
8
4
7
7
7
7
7
7
284,000
.
Various
g.
July 1,1886
July 1,1879
July, 1878
May 1,1902-3
.
J.
J.
&
&
A
Nov. 1,1890
Nov. 1.1890
•
A
&
April 1,1883
.
A. & O.
M. & N.
3*2
573,000
4,991,000
4,321,000
1,025,000
6,560,295
1,000,000
0 N. Y., Union Trust Co.
N
do
do
N
do
do
J
do
do
S
do
do
J
do
do
N
de
do
N
do
do
J
do
do
N
do
do
S
do
do
D N.Y., Merch. Exc. N.Bk.
D N. Y., 8. S. Sands A Co.
J Philadelphia, P.AR.Co.
J. N.Y., Continental N.Bk.
do
D.
do
N.
do
do
O. N. Y., Imp. A Trad. Bk.
do
J.
do
J.
J.
M.
A.
J.
100
50
44
Newcastle d Bea ver Valley—Stock
New Haven d Derby—1st A 2d mortgages.
8
8g.
200,000
1877
7 g.
7 g.
7 g.
8
8
7 g.
1,100,000
1873
1877
1877
340
3^3
8
i;o4o;ooo
1,000
315
8
8
8
7
8
7 g.
7
7
700,000
1867
137
8
6 g.
7 g.
769,920
1,668,000
1870
34
8
8
5,320,600
1874
1612
Newark, Somerset d Straitsv., O.—1st mortgage
2,600,000
80
57
133
Nesquehoning Valley—Stock
800,000
7,000,000
1,000
1864
250
1866
500 Ac.
vari’us
1,000
1871
1,000
1871
1,000
1875
1,000
2*3
349,000
14,752,000
6,025,500
800,000
80
23
137
84
84
8
8
2,4331000
53,000
1,451,207
(?)
,
Consolidated mortgage, gold (for $15,000,000).
Montclair d Q. Lake.—1st
ike.—Is
mort. ($700,000)
2d mort. (issued for old firsts)
do
1,000
£100 Ac
sterling
„
do
500 &c.
100 Ac.
....
mortgage
1st
1,000
1,000
1,000
100
100
186
516
Interest bonds
Interest bonds, sterling
Tennessee subs., 1st mortgage,
1,000
1,000
1,000
.
1876
1873
1869
1870
1869
1877
299
.
be registered
Mobile d Girard—2d mort., end. by Cent. Ga. RR.
3d mortg. bonds issued to Central R. R. Ga
Mobile d Montg.—Stock, (Authorized $3,022,517.)
1st
500 Ac
•
.
Convertible 8
283
.
mortgage
,
50
1,000
1868
1,000
1870
1,000
1871-3
1,000
1876
500 Ac.
1870
1,000
100
1868
1,000
1871
1,000
1872
500 &c.
100
786
786
70
299
283
bonds).
Carondelet Branch, 1st mortgage...
mortgage,
1,000
100
182
*)
-
2d
100
786
-
50 <fec
....
1877
1877
1877
1877
1877
93
15
1st mortgage,
n-tgage. series “B,” (a second lien).
Missouri, Kansas d Texas—stock.
1,000
1,000
1,000
1871
1870
1875
126
127
140
27
.
.
,
1870
....
236
mortgage, Sioux City June, to Iowa line.
Real estate (depot) bonds
Debt to St. Louis County (no
3d
1872
1865
116
p.
v
g
3.
1st
1872
118
118
..
do Cons. m. on whole line (300m.) J b
Milwaukee dt Northern—1st mortgage
Milwaukee, Lake Shore & Western—1st m., gold.
Mine Hill d Schuylkill Haven—stock
100
....
..
..
do
1,000
A. &
M. A
M. &
J. &
M. A
J. &
M. &
M. &
J. &
M. &
M. A
J. &
J. &
J. &
8
8
8
•„
Dec. 1,1883
Nov.
1,1883
1876 and ’83
1883
1901
1877-1882
Jan. 1,1904
I
June
1,1900
1890
July 2,1878
1914
1891
1900
1889
Oct., 1901
Oct. 1,
1878
Y., V. K. Stevenson.
J.
J. N. Y., V. K. Stevenson.
July 1,1913
J.
New York.
J
J.
do
J
D.
June, 1878
j. 1ST. Y., Drexel, M. A Co.
Tuly 1,1900
O. Nashville, Co.’s Office.
Oct., 1887
N.
Boston A Nashua.
IV
A.
Boston.
A
J.
Bridgeport, Conn.
J
O.
Boston.
C
S. 1Philadelphia, Co.’s office S
N. N. Y., Union Trust Co.
H
Q,—J.
Newcastle, Penn.
>furious 1 L Haven, E.S. Scranton
Oct., 1878
1
1
passed
on
the Detroit & Bay City bonds, not guar¬
anteed, Nov., 1875. D. & B. C. net earnings in 1877
were $97,231.
(V. 25, p.11,332; V. *6, p. 417,
5t4, 653.)
Milwaukee & Northern.—Two
paid
m
stock, but cash payment was resumed in July,
1876. It is leased to Wisconsin Central.
(V. 22,
p. 233.)
.
coupons were
Milwaukee, Lake Shore & Western.—Sold in fore¬
closure for $2,509,788, Dec. 10, 1875, and purchased
by bondholders, who made this new first mortgage
for $750,000. Net earnings, 1876, $57,479. (V. 25,
P. 308; V. 27, p. 252, 357.)
Mine Hill & Schuylkill Haven.—Leased to Phila¬
delphia & Reading, May 1S64, for 999 years; 8 per
of old company
brought suit to annul
the sale.
Default was made on Carondelet Branch bonds, Oct.
1, 1877, and compromise bonds at 50 per cent were
offered Jan., 1878. (V. 25, p. 235 ; V. 26, p. 41;
V. 27, p. 68.)
Missouri River, Fort Scott & Gulf.— Interest parsed
Oct., 1873, and subsequently.
Coupons overdue
Jan. 1, 1878, $2,127,550.
Receiver appointed April,
1878.
Gross receipts in 1877, from road and land*,
$ 1,004,54net, $*63,891. (V. 24, p. 493, 565; V.
25, p. 308; V. 26, p. 342, 391.)
Mobile
db
Girard.—The
Central
Railroad
of
Georgia endorses these bonds, and holds the 4 per
cent mortgage bonds for advances made. (V. 23,
p. 549; V. 24, p. 542; V. 27, p. 434.)
Mobile db Montgomery.—Sold in foreclosure, No¬
cent dividends on stock.
vember,
1874, and stock issued to old bondholders.
Minneapolis tft St. Louis.—This road was com¬ Old mortgage
debt yet ont, $275,000. Gross earn’gs,
pleted in i 877. The bonds of the $1,100,000 mort¬
1877, $666,037; net, $224,560. (V. 24, p. 180, 495;
gage, numbered from 1,101 to 1,4)0, for $500 each,
V. 26, p. 418.)
(8150,000 in all) are guaranteed by the Burl. C. R. &
Mobile db Ohio.— Plan of adjustment (see V.23, p.
Northern Railroad. The bonds on the 15 miles
Were issued by the
451). Gross earnings year ending Aug. 1, 1878,
Minneapolis & Duluth RR.
$2,098,540; net, over all expenses, $376,321. (V. 26,
Mississippi tfc Tennessee.—Gross earnings 1876-7, p. 166, 256, 344,496, 653; V. 27, p. 330, 487.)
.
$433,440;
in
the
net, $212,768.
mortgage of 1377, consisting of series “A,”
The debt to State
ana series “B,” 2d.
P^ferred,
of
V.
All the debt is consolidated
Tenn. va paid.
26, p. 39.)
(V. 23, p. 621; V. 25,
p.
154, 617;
Montclair db. Greenwood Lake.—Re-organization of
old Montclair road sold in foreclosure. Road sold
again Oct. 12 1878. (V. 26, p. 67, 600, 625, 653; V.
27, p. 16, 68, 95, 172, 192, 228, 252, 303, 357, 383, 435,
462, 539.)
earnings 1877, $3,197,321; net, $1,048,db Eufavla.—Was to have been sold
w4, against $1,371,883 in 1876, and $1,360,103 in 1875. inMontgomery
foreclosure Nov. 12, 1677, but postponed by an
Net income in 1877 over taxes
$952,211. Annual
interest charge now (under adjustment) is $776,398, appeal. (V. 25, p. 17; V. 26„ p. 567.)
MjAWwi, Kansas &
p. 365.
„
Gross
Texas.—Latest report, V. 26.
gold. The M. K.& T. bonds and U. P. S. Br. bonds
draw 4 per cent in
grant
is
470, 523,
1878 and 5 in 1879-81.
about 4,565.142 acres.
(V. 26, p.
548, 625, 65$; V. 27, p. 426, 514.)
Land
365, 392,
Missouri" Pacific.—Qtqbb earnings in 1877, 53,984,|42; operating expenses, $2,324,355; net $1,660,086.
reorganized after the sale of the road under 3d
mortgage, Sept. 6,1876, for $3,000,000.
Stockholders
Monticello & Port Jervis.—Defaulted in 1873. Sold
(V. 20. p. 35S, 383; V. 21, p. 39, 592.)
Morris db Essex.—Leased in perpetuity to the
July 7, 1875.
Delaware, Lackawanna & Western. The lessees
all liabilities and pay 7 per cent on stock.
Report for 1876, V. 24, p. 330; for 1S77, V. 26, p.
assume
191.
Nash., Chatt. db St. L.—Gross earnings of 1877-8,
$1,871,808;
expenses,
$1,070,270; net earnings, $801.made in addi
538. The following payments were
tion to the operating expenses :
Interest
on
bonded debt for the year
Interest
on
floating debt and exchange
$452,400
14,887
Tax-s
Two dividends of \% per cent, each
Cost of steel over iron nils
Cost of extra ties used in laying 32 miles
steel rail, 600 to mile extra
Cost of iron bridges
25 Nashv. & N. W. bonds, due July, 1878...
Minor items
.
Total....'
23,534
131,505
32,297
5,100
30,611
25,000
25,412
$740,746
The debt to United States and bonds
by Tennessee are secured by deposit of
bonds.
(V. 54, p. 321; V. 25, p. 357, 476,
2d, p. 623; V. 27, p. 146, 275.)
endorsed
1st mor*,.
483; V,
Nashville & Decatur.—Leased May 4,1371, to
Lou-
fsville & Nashv. Co. for thirty years, lease guarantee¬
ing interest on bonds, and 6 per ct. yearly on stock.
Nashua db Lowell.—Net receipts in 1877-8, $96,750.
Notes out are $225,000. (V.24,p.564; V.26.p 634.)
Naugatuck.— Net earnings 1876-7, $227,927. (V.
23, p. 623:
p. 6160
Nebraska.—Formerly Midland Pacific.
The old
bonds were to be exchanged for these guar, by the
Bur. & Mo. in Neb,, to which the Nebraska road is
leased. See V. 25, p. 335, 641.
V.^5,
Nesquehoning Valley—Leased to the Lehigh Coal
of 10 per cent
& Navigation Co. at a yearly rental
dividend on the capital stock.
Newark Somerset db Straitsv.—Leased to Sandusky
Mansfield & Newark. Guaranteed by Balt. & Ohio.
New
Castle db Beaver
Valley.—Leased to Pitts¬
burgh, Fort Wayne & Chicago, and lease transferred
to Penn. Company.
New Haven db Derby—Net earnings 1876-7, $46,475*
New Haven city guarantees
the $225,000 2dm. bonds.
RAILROAD
XX!V
Subscribers will confer
a
DESCRIPTION.
STOCKS
AND
BONDS,
great favor by giving immediate notice of
any error discovered in these Tables,
Miles Date Size, or
For explanation of column headings.
Ac., see notes
of
of
Par
at the head of first page of tables.
Road. Bonds. Value.
.
■
INTEREST OR DIVIDENDS.
Amount
Outstanding
Northamp. (canal RR.)—Stock
Mortgage bonds,
100
92
coupon
Bonds convertible, tax free,
coupon
Holyoke A Westfield RR, leased, 1st mort
N. J. Midland—1st mort.,
•
.
2d mortgage
N. O. £ Mobile.—1st
mortgage
N. Y. City £ Nor them—1st
mortgage
N. Y. £ Canada—1st M.,
sterling,guar. D.A II. Can.
New York Central £ Hudson River—Stock
Premium bonds
(N. Y.
New morte-a^e
"ew
mortga0e
5 $30,000,000 )
£
do
do
do
River)
N. Y. City Elevated.—Stock
1st mortgage (for $12,000,000) $
or £
New York £ Harlem—Common stock
Preferred stock
Consol, mort., coup, or
reg. (for
Sinking fund
Buffalo Branch Bonds
Long Dock Co. mortgage
Sterling bonds, convertible, £1,000,000
1st consolidated
mortgage, gold (for $30,000,000)
2d consolidated
mortgage, 5-20, (for $40,000,000)
New bonds (debentures) convertible till 1883
N. Y. £ New England (Lost.,
Hartf. £ Eric)—Stock.
1st mortgages, old
1st mortgage, new
New York, New Haven, £ Hartford—Stock
Harlem A Portchester, 1st
mortgage guaranteed.
N. Y. £ Oswego Midland— 1st
mortgage, gold
N. Y., Prov. £ Boston—
(Stouington)—Stock
Extension mortgage
First mortgage
North Carolina—Stock, common
Preferred stock
Mortgage bonds
Northeastern (S. O.)—Stock, common
Pref. stock (8 per cent)
exchangeable for 2d mort.
1st mortgage, new
2d mortgage, new
North Pennsylvania-Stock
1st mortgage
2d
mortgage
General mortgage bonds
Northern Central— Stock
-
1st mortgage, State
(Maryland) loan
2d mortgage,
sinking fund, coupon
3d mortgage, sinking fund,
coupon
Consolidated mortgage, gold, coupon
do
do
do
registered
Consol, mortgage, gold, s. fund,
coup., $ or £
2d general mort., “A,” coupon
do
“ B,”
coupon, convertible
Northern, N. H— Stock
Northern of New Jersey—Stock
1st mortgage, extended
Northern Pacific—New preferred stock
New
Haven
....
1853
1854
1853
....
.
.
•
&
1873 and funded coupons. The bondholders
funded
coupons, but default was again made and receiver
appointed. (V. 25, p. 114, 237, 303; V. 26, p. 142.
1,000
1,000
.
.
1,000
500 Ac.
£100Ac
100
500 Ac.
500 Ac.
1,000
1,000
1,000
.
1854
....
....
....
840
1873
1873
1,000
1,000
1876
1,000
....
Cent.
840
100
1.32
50
50
....
.
....
132
....
GO
1872
*1,000
1861
500 <fec.
500 &c
100
100
1872
959
....
....
1847
1849
1853
1857
1858
1861
....
....
....
.....
459
459
139
86
223
223
223
102
102
102
102
58
56
56
....
317
138
138
138
138
138
138
138
138
821-2
21
21
3
7
6
7
7 g.
7
7 g.
7
200,000
3,000,000
1,500,000
916,000
2,120,000
1,500,000
1*4
300,000
6
7
387,500
4,000,000 8 or 7 g.
1,800,000
7
6 g.
4,000,000
Baring Bros.
89,428,300
2
Q.-J. N.Y., Gr. Central Depot.
0,032,900
6
M. A N.
do
do
74,500
6
M. A N.
do
do
592,000
6
M. A n.
do
do
6
162,000
M. A N.
do
do
6
2,391,000
J. A D.
do
do
1,794,000
7
J. A D.
do
do
7
18,465,000
J. A J.
do
do
9,733,333
6 g. J. A J.
London.
5,000,000
7,000,000 7 or 6 g. J. A J.
New York.
4
7,500,000
J. A J. N.Y., Gr. Central
Depot.
4
1,550,000
J. A J.
do
do
7
10,500,000
M. A N.
do
do
7
107,704
J. A J.
do
do
1,500,000
A. A 0.
78,000,000
N. Y., Co/s office.
8,536,910
J. A J.
3*2
do
do
7
2,483,000
M. A N.
do
do
2,174,000
7
M. A S.
do
do
4,852,000
7
M. A S.
do
do
7
2,937,000
A. A O.
do
do
709,500
7
J. A D.
do
do
182,600
7
J. A J.
uo
do
3,000,000
7
J. A D.
do
do
4,457,714
6 g. M. A S.
London.
12,076,000
7 g. M. A S. New York and
London.
7 g. J. A D.
14,400,000
London.
10,000,000
7 g.
Q.-J.
do
•
1865
1870
1874
1873
1,000
1,000
1,000
£200
1,000
100
1873
1869
100 Ac.
100
....
1860
1869
1,000
1,000
"
100
100
’67-’66
500
50
50
1869
500
1869
500
50
500 Ac.
500 Ac.
....
....
'
•
.
•
-
•
•
Is-
5,085,000
....
-
.
,
•
....
....
....
....
50
....
....
....
1855
1865
1868
500 Ac,
500 Ac,
1868
’74-’75
1876
1876
1,000
1,000
1,000
1,000
1,000
100
—
1878
Too
928,000
370,000
15,500,000
2,000,000
8,000,000
3,000,000
50,000
1,000,000
3,000,000
1,000,000
210,000
899,350
88,000
820,000
234,000
3,978,150
1,930,500
1,500,000
2,035,000
5,842,000
1,500,000
1,490,000
1,126,000
2,599,000
205,000
4,518,000
3,000,000
1,000,000
3,068,400
1,000,000
400,000
7
7
5
J.
2^2
6
7
3
3
8
*
4
8
8
2 s.
6
7
7
3
6
6
6
6 g.
6 g.
6 g.
5
6
2*2
A
N.Y.,
Q.-J.
N.
N.
J.
S.
S.
A N.
M.
M.
M.
F.
J.
M.
J.
M.
A
A
A
A
A
A
A
A
A
A
A
A
43,011,267
Sept., 1885
July, 1892
1, 1915
May. 1908
Mayl, 1904
Oct. 15,1878
May 1,1883
May 1,1883
May 1,1883
May 1,1883
Jan.
Dec. 15, 1887
June, 1885
1, 1903
1, 1903
Jan.
Jan.
Jan.
i, 1881
Oct., 1902
Oct. 1, 1873
Oct. 1, 1873
May 1, 1897
Sept. 1, 1879
Mar. 1, 1883
Oct. 1, 1880
June 1, 1888
July 1, 1891
Jan., 1893
Sept. 1, 1875
Sept. 1, 1920
Mar. 2, 1894
Jan. 1, 1903
Jan;
Depot. July 1, 1878
1903
July 1, 1894
Y., M. Morgan’s Sons.
do
do
Nov. 11, 1878
May 1, 1880
July 1, 1899
Sept. 15,1878
Sept. 15,1878
Nov., 1888
-
Company Shops, N. C.
do
do
do
do
May, 1875
Sept. 1, 1899
Sept. 1, 1899
Aug. 26, 1878
Charleston.
do
Philadelphia Office.
'
do
do
do
do
do
do
Janl
Q.-J.
Annapolis.
A
A
A
A
A
A
A
A
J.
A J. J.
Baltimore, 1st Nat.
1. 1885
May 1, 1896
1903
Baltimore A Philadel.
J.
A.
J.
A.
J.
J.
J.
J.
1, 1906
July 1, 1878
July 1, 1878
May, 1900
Jan., 1905
In default.
do
do
N.
S.
S.
A.
J.
N.
J.
N.
J.
O.
J.
O.
J.
J.
J.
1).
1895
1881
March 1,1893
Nov. 1, 1889
Oct, 1, 1878
1884
do
Grand Cen.
J.
M.
J.
M.
M.
M.
Oct., 1874
Jan., 1899
April ’80 A ’82
April 1, 1891
Boston.
April 1, 1876
Irredeemable.
Bk.
do
do
do
London A Baltimore.
Nat. Bk.
do
do
Baltimore, 1st
Boston, Office.
o
6
City, Hudson Co. B’k.
Julv, 1885
April, 1900
July, 1900
July, 1900
July 1, 1904
Jan.
Jan.
1, 1926
1, 1926
Dec. 2, 1878
1876
July, 1888
.
piyable after
4?9f at 1<)5. A first
mortgage of 1872 was cancelled
General statement V. 2?,
p. 280.
(V. 26, p. 651; V.
27, p. 4 8 0, 400, 462.)
New York <Jb Harlem.—Leased to N. Y.
Central
New Jersey & New York.—Consolidation of the at 8 percent
per annum (payable J. A J.) on
stock,
Hackensack & N. Y. and Hackensack Extension. and interest on bonds. The
Fourth avenue horse
The old bonds arc about
$800,000. Hackensack railroad and real estate was retained, and an extra
branch noticed for sale May 29, 1878.
(V. 24, p. 136, dividend made In April is from profits of this line.
158, 249, 299, 321; V. 25, p. 255.)
New York, Housatomc &
New Jersey South'n.—Foreclosure
pending. There pending. (V. 21, p. 849; V. Northern.—Foreclosure
were also $120,000 bonds on Tom■»
23, p. 549.)
JRiv r Hr., and
N. Y. Lake Erie & West
$1,030,000 2d mort., a :i cl $5,300,(0.) conso1. more. Net
(Erie).—Foreclosure
of tin
Erie li’y. to ;k place
earnings, 1875, #109.276. (V. 25, p.511, 592.)
April 21,187?, under the secont
consol, mort, and the road was
New London Northern.—Operated under lease
till
purchased by E D
1891 by Vermont Central for #150,000 a
year.
Net Morgan, J. Lowber Welsh and David A. Wells foi
earnings of road in 1877-8, #170,431. (V. 27, p. $6, -00,000, on behalf of the London committee, anc
537.)
re-organized as “ New York Lake Erie & Western.’
New Orleans, Mobile & Texas.—The Western Di- Oct. 3l, 1878. was the last date for
a*.sent of ole
Erie stockholders, and
eion was sold Nov. 18, 1874, and the East.
assessments were
Div. is
or
operated by the mort. trustees. lut. in default since 76*2.000 shares of common stock and paid
8U.7iX
of preferred.
1872. Gross earnings, 1877, $139,010;
The
following comparison is for the
net, $390,655;
and less extraordinary
The net result in lSIC-l
expenses, $158,430. (V. 23. yearsending Sept. 30.
was
a
nominal
p. 379; V. 24, p. 370; V. 26, p. 341, 392, 575.)
deficit of
off full interest on the $1,301,084, after chargin':
N. Y. City eft Northern.— A
debt, and rentals, Ac.; £
re-organization of similar
V. Y. & Boston. (V. 27, p. 172.)
deficit of $1,229,630 in 1875-6,
and $! ,653,166 ir
New York & Canada.—The bonds are
Gross
Net
guaranteed
Interest.
by the Delaware & Hudson Canal Co. Road opened
Earnings.
Income.
Rentals, Ac,
through Oct.. 1875. (V. 24, p. 180; V. 25, p. 615.)
$14,708,889
$4,636,717
$5,937,801
New York Central & Hudson River.—The
15,852,461
mort¬
4,808,56*3
5,538,194
1874-5
gage loan for $40,000,000 was to retire prior
16,876,858
4,698,615
debt, (V. 26,
6,351,781
ana the balance for third and
p.
95, 1.7. 192, 265, 290. 315. 342. 347. 391. 41*>.
fourth track, Ac.
The Harlem RR. was
444,
464, 49 ), 575,600.625; VV27,p. 40, 173, 200,
leasedApril, 1873. The follow¬
281,608.
ing is a comparison of earnings, Ac., for five years: 358, 333,409, 514, 539 )
Groce
Net
N. Y. eft N. England.—
Funded Costofr’d
Formerly Boat. Hartf. & E.
Receipts, Receipts.
Debt.
& equip’t. Conveyed to the new
company in July. 1875.
1876-7. $26,579,065 $11,632,924
#|D,335,415 $99,142,408 income, 1376-7, $230,'5*2. (V. 25, p. 590; V. 26,Nel
1875-6. '28,046,588 1*.922,417
p.
To,401,263 97,822,811 67, 445; V. 27, p. 304, 358, 409.)
1874-5. £9,027,218 11,745,111 40,003,667
96,355,774,
New
York, New Haven tft Hartford.—Net income
1873-4. 31,690,386 13,262,089
38,484,742 92,506,503
*1.681,480. (V. 25, p, 640; V. 26, p. 290; V.
J87»-3. 29,126,851 11.484,868 27,725,533 78,014,954 J
M. A S.
J. A J.
J. A J.
6 A 7
7 g.
(V. 22, p. 4 1,591; V. 23, p. 3*29,
598; V. 24, p. 542;
V. *25, p. 040; V. 26, p. 315,
575; V. 27, p. 357.)
N. Y. City -Elevated.—Bonds are
27, p. 537.)
New Haven.
J. A J.
do
A. A O.
do
A. A O.
do
F. A A.
N. Y., Co/s Office.
F. A A.
do
do
M. A S. New York and London.
M. A N.
In default.
New London, Office.
Q.-J.
A. A 0. N. Y., B’k of N.
America
J. A D.
do
do
J. A J. New
York, Co/s Office.
M. A N.
New York.
M. A N.
London,
.
1863
.
12k
12
1.000
1,000
500 &c.
100 Ac,
1,000
141
50
1,000
1,000
1864
1876
139
334
62
$2,460,000
1,294,000
885,000
,
550
Northampton.—Gross earnings,
1876-?, $561,866; operating expenses, $333,122; net
earnings. $231,244. (V. 26, p. 17.)
New Jers-y Midland.—Defaulted after the
panic of
s!9U.)
1878
1874
....
....
*..
100 Ac.
500 Ac.
1872
1871
112
1879)
*
1865
1,000
....
$12,000,000)
1,000
100 Ac.
100 Ac.
100
....
•
N. Y. Hmisatonic £ Northern—1st
mortgage
N. Y. Lake Erie £ West.
(-.We)—Stock, common
Preferred stock (7 p. c. yTly, not
cumulative)
1st mortgage (extended in 1867 to
1897)
2d mortgage, convertible (extended
to
3d mortgage
4th mortgage, convertible
5tli mortgage, convertible
78
100
100
100
140
....
coupon or regis£2,000,000 5
tered.
1870
1870
1871
1873
1869
80
80
37
18764-5.:
Central)
1,000
1,000
....
10
g’ld, guar, by N.Y.AO
mortgage, currency
New Jersey £ New York— 1st mort.
(for $1,500,000)
N. J. Southern—1st
mortgage
Neio London Northern—Stock
1st mortgage bonds
2d
Bonds, B. A N. F. stockholders
Bonds railroad stock
Bonds real estate
Renewal bonds
2d mortgage, sinking fund (Hudson
-
-
$100
1869
Bonds—Princi¬
pal, when Due.
When
Where Payable, and by
Stocks—Last
Payable
Whom.
Dividend.
Rate per
.
New Haven £
[VOL. XXVII,
New
York eft
pending.
Oswego Midland.—Foreclosure
sale
Receivers’ certificates have been issued
to amount of
$1,352 55). Settlement is in progress.
(V. 25, p. 615; V. 26, p. *290; V.
27, p. 383, 436, 462,
437,539.)
New York, Providence A Boston.—Annual
report
for fiscal year ending
Sept. 1, 1877, showed net earn¬
ings $3*.8,997, leaving a balance of $83,651 carried
to new account,
against $1 ’3,536 brought forward
in 1876.
(V. 25, p. 591; V. 27, p. 383.)
North Carolina.—Leased
September, 1871. to Rich¬
mond A Danville Railroad at
$269,000 per annum.
of 6 p. c. are
paid on stock, of which the
State of No. Car. holds
$3,000,009. (V. 24, p. 565;
V. 27, p. 406.)
Dividends
Northeastern, S. C.— Gross earnings in 2376-7,
$320,071: net, $128,032. (Reports
V. 24, p. 88, and
V. 25. p. 617.)
North Pennsylvania.—Gross
$1,482,705;
receipts in year 1876-7,
net, $562,046. (V.22,p.l34: V.24; p.62.)
Northeim Central.—The annual
report for 1877
shows gross earn’gs,
$1,*70,337; expenses. $2,745,924;net, $1,324,452. The total net income in 1877 was
$1,575,047; $1,513,342
wa9
paid
for
interest and
rentals, leaving a balance of $61,7«-5. Under the
general mortga. e of 137*, *1,000,0*0 more
maybe
issued, as senes “C.” (V. 22, p. 257; V. 24, p. 223,
421,459; V. 26, p. 314.)
Northern N. Hampshire.— Net income fiscal
year
1877-8 was $117,13». (V. 24,
p 54 1; V. 26, p. 546.)
Northern of N. Jersey.—
Operated by Erie under
lease. Gross earnings >n ’-877 were
$233,438.- Bondsdue in 1378 were
paid or extended at 6 per cent
interest. (V. 26, p. 600.)
Northern Pacific.—Sold in foreclosure
Aug.12,1875,
and pref. stock issued to
bondholders at the rate
of $1,400 for each
$1,000 bond.
This stock is ex¬
changeable for land at its par value. < ’ommon sto
issued is $13.;55.500. (V. 25.
p. 307, 476 619* V.
p. 18, 445, 519; V. 27, p. 173, 2.0, 332, 3 5 5 , 514.)
November 30,
RAILKOAD
1878.J
Subscribers will confer
a
STOCKS
AND
BONDS,
great favor by giving Immediate notice of
any error discovered in these Tables.
DESCRIPTION.
For
explanation of column headings, &c.,
at the head of first page
Miles
Date
of
of
see notes
of tables.
Preferred stock
Equipment bonds
Sinking fund bonds.
Mortgage bonds for $600,000 (sinking fund)
Ohio & Mississippi—Stock, common
118
393
393
148
393
393
393
1871
1860
1874
1875
1876
....
1877
....
40
9
200
1871
....
2842
....
1877
1877
47
mortgage, sterling, (£1,000,000)
Pekin, Lincoln <k Decatur—1st mortgage
Pennsylvania—Stock
1st mortgage
Gen. M., Ph. to Pitts., coup., J. & J.; reg., A. & O.
State lien (pay’hie in annual inst’lm’ts of $460,000)
Consol. M., coup. J. & D., & reg. Q.—M. (8. f. 1 p. c.)
Navy Yard bonds, reg
Car Trust bonds (sinking fund 10 per cent)
....
47
103
75
67
1669
355
1867
1873
1872
1871
Peoria, Pekin <6 Jackson ville— 1st mortgage
2d mortgage...
Perkiomen—1st mortgage
Consol, mort., gold, guar. P. & R., (sink, fund)
.
$25,000 yearly)
Philadelphia <t Balt. Central— 1st mort. (Pa)
2d mortgage (Pa.)
1st mortgage (Md.)
Philadelphia <£• Erie—Stock,
common
are
Philadelphia d5 Reading—Stock,
Preferred stock
Pa. R...
(Extended in 1877.)...
Loan mortgage
p. 39 , 237. 433; V. 27, p. 14, 200, 333.)
Ohio c6 Mississippi.—There are also $97,000 of old
1st mortgage 7s, W. Div., yet out. The
company
purcha-’cd the Springfield Road, March. 1875, for
$2,000,000 in bonds secured on that road. Nov. 17,
1876, receivers were appointed, and afterwards Mr.
King was made sole receiver, deceiver’s last re¬
port in V. 2o, p. 214.
Interest or. 1st mortgage
is paid
some months after it comes due.
(V.
135, U2, *214, 265. 368, 302, 496, 5*3. - 25; V.
42,143, 173, 28!, 304, 381,437, 462, 487, 514, 539.)
Old Colony.—Net > income over
operating ex¬
penses and interest, $406,423 in 1877-8, a/ainst
S 107,435 in 187 -7. (V. 25, p. 48 2; V. 27, p.
53 7.)
Omaha da Northwest.—Road was sold in fore¬
closure Oct. 24, 1873. (V. 22, p. 79; V.
23, p 175; V.
2T, p. 42, 462, 514.)
Oregon & California—kite? default in 1873 com¬
p.
p.
promise mide with bondholders. Gross
earnings
1877, $785,37 >: net, $33 >,546. In 1877 about 3*07 per
3j8, 437.)
on
bonds.
(V. 26, p. 3 :b;, V. 27, p.
Oswego & Rome—Operated by the Rome, WaterOgdensburg at 8 per cent on $309,000 stock,
and
interest on first mortgage bonds.
Oswego & Syracuse.—Leased to Del. Lack. & West.
*onnterest on bonds and 9 per cent oh stock.
Paducah
& Elizabeth’own. —This road
organized
after sale of Louisvi le
Paducah & <. W ; has bonds
outstanding as above. Net earnings 1877-3, $58,067.
(V. 26, p 573.)
Panama.—Lust statement, V. 26,
P‘217,341,625,
£200
1,000
1,000
1,000
100
500 &c.
390,000
150,000
1,692,000
500,000
....
1,000
....
1,100,000
....
1,700,000
(?)
546,000
10,950,000
350,000
200,000
1,320,400
124,000
....
1,000
....
•
.
1,000.
1,000
50
1,000
1,000
100
£200
1,000
500
1,000
50
1857
1861
1868
1869
....
7
7
8
7
3
7 g.
7
7 g.
7
142
19,999,760
4,572.110
29.250,000
1,000,000
....
1,000
....
3,000,000
3'OOOjOOO
50
50
8,000,000
7,000,000
1,500,000
1,083,000
519,000
1,500,000
1,500,000
1,200,000
1,000,000
1,000,000
621,000
1,200,000
1,324,200
500,000
300,000
1,000
1,000
....
1,000
1,000
100 •
{100 &c.
1,000
100
1,000
100
....
loo &C.
100 &e.
100 &c.
400,000
300,000
*50
6,053,700
2,400,000
976,000
1,000
1,000
1,000
1,000
5,000,000
50
50
1843-9
1,000
1857
1,000
1836
£100
1843
£500
1867
1,000
1868
100 &c.
1868
1,000 j
3,000,000
8,680,000
32,726.375
1,551,800
1,510,500
79,000 t
182,400
967,200
*
•
3
6
A. & 0.
F. & A.
-
4
7
6 & 6 g.
7
6 g.
2 hi
342
6
6
5 g.
6
134,400
r»
1,135,300
2,700,000
6
7
4
Paris & Decatur.— Consolidation. Now Illinois
Midland. (V. 19, p. 351; V. 21, p. 613.)
Pekin
Lincoln & Decatur.—Leased to Toledo,
Wabash ife Western. Sold in foreclosure June 10,
1876, and reorganized. In 1876-7 net earnings were
(V.
22, p. 247;
V. 23,
p.
100; V. 26, p.
Pennsylvania.— The report for 1877 is given in V. 20,
p. 238, and shows surplus net income of $1,020.398 after paying all possible charges and 3per
cent dividends. In 1874,
by tlie report of the
Investigating Committee, the liability as a guarantor
of principal and iuterest was on $33,983,600
bonds;
annual liability additional, on guarantees of interest
rentals, $13,862,319, and probably there has been
great change since. A scheme to buy up the
company’s guaranteed securities with $100 OX) per
month from earnings, and issue a 4 per cent
scrip to
stockholders for th ; cash so used, was adopted by
stockholders on March 26, 1878. The following is a
statement for two years on all lines east of Ifittsor
no
burgh:
Gross
1877
Net
Earnings.
Earnings.
$31,117,146
$10,1^4,417
36/91,060
1*2,8:34,385
(V. 26, p. 18, 95, 166, 217, 2 3 8 2 6 5 277, 315, 420,
519; V. 27, p. 42, 97, 200, o04, 3 32, 381, 437, 487, 514.)
653.)
p.
341.
(V. 26,
,
,
Pennsylvania Company .—The Pennsylvania Com¬
pany is a corporation distinct from the Penn. Rail¬
road, and operates all the leased lines west of Pitts¬
The siock is owned by the Penn. Railroad.
burg.
In
waj
Q.-J.
A. & O.
F.
A.
J.
J.
F.
J.
A.
A.
J.
J.
J.
1877 the net income ov- r rentals, interest, <fcc.,
$ (85 0)5, and advances to railroads charged off
$354,‘>25. The registered bonds are secured by de¬
posit of $4/09,0 Oof Pitts., Fort Wayne & Chicago
special stock, (V. 2>, p, 241.)
Pittsburgh, Co.’s Office.
Philadelphia.
&
&
&
&
&
&
&
&
&
&
&
A.
Philadelphia, Office.
O.
do
do
D. Phila., B'k N. America.
D.
do
do
A. N. Y., Chic., R. I. & Pac.
J. N. Y., Imp. & Trad. B’k.
O.
do
do
O.
Phila., 227 S. 4th st.
D.
do
do
J.
J. N.Y., Lancaster, B.&Co.
do
do
& J.
Philadelphia, Office.
& J.
do
do
& J.
do
do
1910
Annually.
June 15,1905
1881
Oct., 1873
July 1,1903
July 1,1903
June 1, 1896
June, 1906
Aug., 1878
July 1, 1894
Oct. 1, 1900
Apr. 1, 1897
June 1, 1913
Jan., 1872
Jan., 1879-’98
1902
....
J.
J.
J.
-
(1,230 acres) by the mortgage. Was sold in fore¬
closure Oct. 23, 1878. (V. 26, p. 592; V, 27, p. 358,
437.)
290.)
i,
Philadelphia & London.
Philadelphia.
Q.—M. Philadelphia & London.
J. <fc J.
Philadelphia, Office.
Pari? d* Danville.—Of these bonds, $450,000 were
given for coal mines at Danville, which are covered
$54,14*.
& S.
New York, Office.
Mar. 1, 1875
& O.
do
do
April. 1, 1882
& J.
do
do
Jan. 1, 1898
& J.
Loudon.
Jan. 1, 1898
& O.
New York, Office.
April, 1911
M. & N.
do
do
May 1, 1883
1st
coup, due Nov., ’77
Nov. 1, 1905
J. & J.
Boston, Office.
July 1, 1878
Various
do
1881
A. & O.
do
Oct. 1, 1880
M. & S.
do
March i, 1894
J. & D.
do
June 1, 1895
M. & S.
do
Sept. 1, 1896
F. & A.
do
Aug. 1, 1897
J. & J.
N. Y., Kountze Bros.
Jan., 1901
M. & N.
Newark, Office.
A. oi O. 4
Frankfort O. M.
April
1890
M. & N. N.Y., Farmers’ L. AT.Co.
May, 1915
F. & A.
do
do
Feb., 1891
F. & A. N. Y., Del., L. & W. RR.
Aug., 1878
M. & N.
do
do
1880 & 1885
M. & S.
do
do
1907
F. & A. N.Y., Treasurer’s Office.
Feb. 1,1897
do
April.
do
Feb. 1, 1897
New Yrork, Office.
Q.-J.
Nov. 1, 1878
A. & O.
Loudou.
Oct.lO,1884-97
J. & J.
New York, Office.
Jan. 1, 1903
J. & J. New York and London.
July 1, 1892
F. & A. N. Y., T. W. & W. RR.
Feb., 1900
M. & N.
Nov.
Philadelphia, Office.
30, 1878
J. & J.
do
do
Jan., 1880
6
6
5
6
6
(3 g.
6
7
7
7
7
4
7
7
6
6 g.
3
8
8
7
7
6
800.000
Stocks—Last
Dividend.
M.
A.
J.
J.
A.
442
68,870,200
4,970,000
1,000
1,000
Bonds—Princi pal, When Due.
3k>
■
216,000
1,200,000
7,000,000
3,905,000
2,500,000
1,200,000
1,076,000
Where Payable, and by
Whom.
Payable
J. & J. New England Trust Co.
July
M. <fc S. Boston, N. E. Trust Co. March 6, 1878
1, 1897
J. & J.
Boston, Office.
July 10,1876
A. <fc 0.
do
Apr. 1, 1878
J. & J.
do
Jan., 1879
M. & S.
do
Mar., 1890
J. & J.
do
1897
7
7
6 g.
7
7 •
6
3
7
6
7
6
6
6
7-30 g.
6
7 g.
7
7
338,000
When
5
6
2
4
8
8
6
1876
town &
_
174,000
6,545,850
112,000
3,864,000
140,000
1,915,000
6,733,800
4^030,000
50
....
779
Ogdensburg & Lake Champlain.—Leased in March,
1870, to Vermont Central, but lease failed and prop¬
erty reverted to owners April, 1S77. Gross cam¬
pings, 1877-8, $598,252; net earnings. $253,176. (V. 25
....
....
....
Noi'wich & Worcester—Leased February, 1869, to
for 100 years at 10 percent
per annum on cost. Dividends paid of 10 percent
per annum.
Gross earnings in 1877-8, $666,863; net
income, $276,567. (V. 23, p. 548;V. 27, p. 537.)
1859
1869
1866
....
779
779
779
779
779
do
Boston, Hartford & Erie
.....
....
287
287
287
Mortgage loans inconvertible
Loan mortgage, convertible
do
do
sterling
sterling.
....
1864
1870
1867
1873
40
—•
guar by
common
1866
....
sterling)
(for $20,000,000),
1866
287
Preferred stock
1st moi*t., Sunbury& E. (extended 20 years in ’77).
($3,000,000
1877
1873
1873
39
39
105
105
46
83
83
38
38
82
82
82
36
36
10
Petersburg—Stock.
1st mort. bonds (payable
2d mortgage
1*877
....
1st mortgage, guaranteed
Peoria <t Bureau Valley—Stock
paid
1,000
1,000
....
Pennsylvania dt New York—1st mort., guar
cent was
.
1873
1875
1877
....
2d mortgage
26,
21,
.
....
....
f., (held by Pennsylvania RR.)...
Reg, bds (for $3,200,000) sec. by P.F.W.&C.sp.st’k
Pennsylvania <t Delaware—1st mortgage
do
do
Loan mortgage,
Loan debenture
.
1870
....
Pennsylvania Co.—Common stock
1st mortgage
2d mortgage
2d mort., gold
20,000,000
....
.
....
Preferred stock
1st mortgage, s.
100
100
58&64 500 &e.
1876
1,000
186
186
Paris
Danville.—1st mortgage, gold, sinking fund
Paris & Decatur, (Ills.)—1st mort., g’d, sink, f’d
400,000
3,077,000
2,000,000
154,000
392,000
446,000
...
....
35
Panama—Stock
*
1870
1865
1866
35
Mortgage bonds
Consol, mortgage (guar. D. L. & \V.)
Paducah & Elizabethtown— 1st mortgage
2d mortgage, income
General
1871
Rate per
Cent.
$2,604,400
1,000
1,000
'
*
....
-
w
1873
1874
....
Orange <t- Newark—1st mortgage
Oregon •£ California—1st mortgage
Os hego <£• Rome—1st mortgage guaranteed
Income mortgage bonds
Oswego & Syracuse—Stock, 9 per cent guar
•
1868
1868
....
$640,000)
100
100
1862
«...
....
Outstanding
1,000
....
•
228
269
—
Amount
Value.
....
1869
1870
1877
....
$3,000,000).
Bonds
Bonds
Bonds
Bonds
Bonds
Bonds
Omaha & Northw.— Land gr gold bds (for
1877
....
Preferred stock <7 p. c. yearly, cumulative)
Income and funded debt bonds
1st consolidated mort. ($3,478,000 are s. f.)
Consolidated mortgage, sterling
2d consolidated sinking fund mortgage
Debenture sinking fund bonds (for $1,000,000)...
Spring. Div. (Sp.&Ill. SE.) IstM. (for
Old Colony—Stock
or
Par
$100
66
122
122
Ogdensburg <£ Lake Champlain—Stock
INTEREST OR DIVIDENDS.
Size,
Road. Bonds
Norwich & Worcester—Stock
New bonds, coupon
'
XXV
Jan., 1879
Jan., 1900
Oct., 1891
....
J.
A.
A.
J.
J.
&
&
&
&
&
J. Philadelphia, Pa. RR.
0.
do
do
Oct. 1, 1897
O. Phila., Pa. Life & T. Co. March
31, 1881
J.
do
do
July 1, 1888
J. Philadelphia & London.
Q.-J.
Q.-J.
J.
J.
J.
J.
T.
J.
A.
&
&
&
&
&
&
&
Philadelphia, Office.
do
J.
J.
J.
J.
J.
do
do
do
do
do
J,
London.
do
do
Philadelphia, Office.
O.j
do
do
July, 1920
Jan.
25,1876
July 25,1876
July, 1880
July, 1886
July, 1880
July, 1880
July 1, 1882
July 1, 1893
Oct,
1, 1893
Pennsylvania & Delaware.—The lease of this road
Pennsylvania Railroad was ratified in 1874.
Previously operated under temporary lease.
Pennsylvania & New York.— Operated in close
connection with the Lehigh Valley. Net
earnings
1875
to the
6, $608,109. Dividend of 10 per cent paid on
preferred stock of $3,500,000; common stock is
$1,061,700. (V.24, p. IIO.)
Peoria & Bureau Valley.— Leased
perpetually to
Chicago, Rock Island & Pacific at $125,000 per year,
Peoria Pekin cfe Jacksonvil'e.—In
year ending June
30, 1877, there was a deficit in earnings of $2,5X8.
Receiver appointed April, 1S78.
Perkiomen.—Leased to Philadelphia & Reading.
Int. on consol. mo:tg., paid one-half in
scrip o»tP.
& R.
Company.
Petersburg.—Receiver appointed, May, 187X (V.
26, p. 41, 523, 653.) Philadelphia & Baltimore Central.—Operated for
some time past in
Pennsylvania by trustees of first
mortgage bondholders.
Phil., Wil. & Balt, largely
interested.
(V. 23,. p. 526.)
Philadelphia & Erie.— Leased February, 1862, for
999 years to Penn. Railroad, but without*
any guar¬
antee of bonds.
Gross earnings. 1877, $3,172,992;
net earnings, $1,133,365.
Net deficit after paying
interest, &c., $264,185. (V. 22, p. 2b6; V. 24, p.
136, 248; V. 26, p. 166, 241.)
Philadelphia & Reading.—The report for 1876-7, is
'given at length in V. 26, p. 65. President Gowen
reviews the year 1877, and g\yes the facts
bearing
upon the Company’s financial condition and pros¬
pects. The trustees of 1 lt& general mortgage hold
the mortgage of the Coal & Iron
Company. In
March, 1877, propositions were nude and accepted,
by which holders of general morr • ige bonds apd
Perkiomen guaranteed bonds receive one-half their
for three years. \n five-year 6 per cent
scrip; and holders of convertible anl debenture
bonds take 6 per cent
scrip in payment of their
coupons,
coupons for ftve ye^ra,
Tjiq setm is pQgYertiblo
ItAILKOAD
XiVt
Subscribers will confer
STOCKS
AND
BONDS.
great favor by giving immediate notice of any error discovered in tbese
Tables.
a
DESCRIPTION.
•lanaxion oi
column
fVOL. XXVII.
s
nccicuii^Sj ac., s
of tables.
at the head of first page
Date
ol
of
Road. Bonds
Bond s—Princi¬
INTEREST OR DIVIDENDS.
Size,
or
Par
•
Amount
Outstanding
Value.
Rate per
Cent.
When
Payable
pal, When Due.
Where Payable, and by
Stocks Last
Whom.
Dividend.
Philadelphia d Reading—( Continued)—
Consolidated mort., dollar loan, coupon or reg..
do
do
gold, $ or £, coup
do
do
dollar loan, gold,coup, or rt ?
Debenture loan (convertible 1870-92), coup.
Improvem’t mort., $ or £, sink’g fund, coup— :
Gen. mort., $ and £ (sink, fund 1 p. c. yearly)..
779
779
.
.
779
-
...
....
r 715
750
.
Income mortgage (for
$10,000,000)
o
....
j
....
.
do
debentures, guaranteed
....
.
....
Philadelphia d Trenton—Stock
Philadelphia, Germantown <£■ Norristown—StocI
Philadelphia, Wilmington d Baltimore—Stock..
26
34
112
95
1st mortgage, convertible
Plain bonds, loan
do
do
do
do
Pittsb. d Connellsville.—1st mortgage
1st
1871
1871
1871
1873
1873
1874
1870
1877
1877
1872-4
1872
-
....
-
....
.
149
.
do
Turtle Creek division
Consol, mort., guar. B. & O. (s. f. £7,200 pr. y;
Pitts., C. dSt. L—1st m., cons, (for $10,000,000).
2d mortgage
1st mortgage, Steubenville & Ind., reorganize
Col. A Newark Division bonds
10
149
200
200
117
33
408
Pittsburg, Ft. Wayne d Chicago—Stock, guar
Special improvement stock, guaranteed
1st mortgage (series A)
1st
do
do
B
do
1st
do
C
1st
do
do
D
1st
do
do
E
1st
do
F
do
2d
do
do
G
2d
do
do
H
do
2d
do
I
2d
K
do
do
2d
do
do
L
2d
do
do
M
3d
do
Bonds
all
pon, but may
be made pay a
ble to order.
'
1858
1807
1872-4
1875
1808
IS 59
1870
1808
1873
1804
1804
1871
1802
1802
1802
1802
1802
1802
1802
1802
1802
1802
1803
1802
1802
1857
....
Equipment bonds (renewed)
50
38
25
Newcmortgage (Pitts. T. A B.)
Funding income bonds (P. T. & B.)
Pittsb., Va. d Charleston—1st mortgage, gold
Portland d Ogdensb— 1st mort., E. D., gold
New mortgage (for $3,300,000)
1st mortgage, Vermont Div., gold
120
30
90
....
11134
71
71
07
44
....
97
39
39
41
181
79
199
2d mortgage, coupon
Reading d Lehigh—1st mortgage (Berks Co. RR.)..
Rensselaer d Saratoga—Stock
1st mortgage, consolidated (for $2,000,000)
Richmond d Danville—Stock
State sinking fund loan
Bonds, guaranteed by State
....
....
142
49
29
Piedmont branch, 1st mortgage
Northwestern, N. C., 1st mort., guar
Rick’d, Fredericksburg d Potomac—Bonds, ster
....
Dollar loan
....
Coupon bonds of 1881
1874-5.
Op.
expenses
Net earnings
.
1875-6.
1876-7.
$12,660,927 $12,227,511 $12,149,910
8,130,159
8,510,350
7,751,693
$4,530,768 $3,717,161 $4,391,817
(V. 25, p. 592, 641; V. 26, p. 65, 84, 166,217,316,
393, 445, 496, 575, 653; V. 27, p. 122, 228, 332,437,540.)
Philadelphia & Trenton.—Leased to Pennsylvania
Railroad with United New Jersey companies at 10
per
cent on stock.
Philadelphia, Germantmvn & Norristown.—Leased
Philadelphia & Reading at 12 per
for 999 years to
cent, on stock.
Philadelphia, Wilmington <k Baltimore.—Net earn¬
ings, year ending Oct. 31, 187r, $1,1) 3,426, leaving a
surplus income of $98,921 above payment of all
charges and 8 per cent dividends. Last annual
report in V. 26, p. 191.
(V. 25, p. 133.)
Pittsburgh ConneUsville.—On Jan. 1, 1876, a trans¬
fer was made by City of Baltimore to Baltimore &
Ohio Railroad for $1,000,000, and the consolidated
mortgage made for £2,200,000, and guaranteed by
B. & O.
Gross earnings 1876-7, $1,388,434; net
$406,418. (V. 24, p. 135.)
Pittsburg, Cincinnati & St. Louis.—'This company
leases several roads and is itself controlled
Pennsylvania Co., which holds
by the
a majority of the
capital stock. Common stock, $2,508,000; 1st pref.,
$2,928,600 ; 2d pref., $3,000,000. Gross earnings in
1877 of road proper $3,097,962; net, $1,075,049; sur-
Jilus over interest, Ac,. $302,141. Loss
leased
on p. 200,
ines, &c.. $433,926. (V. 25, p. 619; V. 26,
445, 496, 523; V. 27, p. 97, 200, 304, 409.)
Pittsburg, Fort Wayne A Chicago.—This road
1870
1870
1,000
1,000
1,000
1,000
4,000,000
90 Ac.
1,000
100
50
50
500
100 Ac.
£200
1,000
1,000
1,000
100
100
500 Ac.
500 Ac.
500 Ac.
500 Ac.
500 Ac.
500 Ac.
500 Ac.
500 Ac.
500 Ac.
500 Ac.
500 Ac,
500 Ac,
19,714,285
5,009,327
875,000
875,000
875,000
875,000
875,000
875,000
.800,000
800,000
800,000
800,000
800,000
800,000
2,000,000
100,000
1,000,000
1,500,000
580,000
500,000
1,155,000
315,933
1,583,000
800,000
1,577,900
2,300,000
700,000
350,000
450,000
1,500,000
500,000
2,500,009
770,000
500 Ac.
1,000
1,000
1,000
1,000
500 Ac.
100 Ac
Ac.
100 Ac.
500 Ac,
500 Ac.
500 Ac.
100
1,000
100
1872
500 Ac.
I
100
Various
J.
M.
J.
J.
J.
J.
2,000,000
500,000
100 Ac,
♦
1,000
....
....
100
.
1871
1,000
100
.
....
©
©
®
©
1807
1874
1873
....
m
m
mr
....
_
.
4,000,000
508,480
124,200
1,707,500
1,472,000
500,000
1,000
m
050,000
058,000
650,000
350,000
1,500,000
7,000,000
1,925,000
^
07,778
299,917
450,000
_
....
....
....
....
500,000
June, 1911
June, 1911
June, 1911
Jan. 1, 1893
Oct. 1, 1897
July 1. 1908
Dec. 1, 1896
July, 1882
July, 1882
1892 to ’94
1S92
Oct. 9, 1878
A J.
April, 1887
1, 1892
April 1, 1900
July, 1898
Aug. 1, 1882
Jan. 1,1926
Aug. 1, 1900
April 1, 1913
May, 1884
Jan., 1890
Oct. 2, 1878
Oct. 1, 1878
July 1, 1912,
July 1, 1912
July 1, 1912
July 1, 1912
July 1, 1912
July 1, 1912
July 1, 1912
July 1, 1912
July 1, 1912
July 1, 1912
July 1, 1912
July 1, 1912
July 1, 1912
Jan. 1, 1887
Mch. 1, 1884
Feb. 1, 1896
Apr. 1, 1882
July 1, 1890
Feb. 1, 1896
Feb. 1, 1896
Philadelphia.
April 1, 1902
Boston, First Nat. Bank
Jan., 1900
do
do
Nov., 1901
New York and Boston.
May, 1891
Boston, Columbian B’k. July 1, 1887
do
do
Oct. 1, 1887
do •
do
Sept. 1, 1891
Boston, Office,
July 10, 1878
do
do
A N. New York and London.
A J Best., Eastern RR. Co.
A D.
A J
A J.
do
do
Providence, Office,
do
do
do
do
M. A S. N. YT., Union Nat. Bank.
A I>. Columbia, First Nat.B’k
4
7
J. A' J. N. Y., Nat. B’k Com’rce.
M. A N. N.Y., Del. A H.Canal Co.
6*
J
6
6
lg'
A J.
J. A J.
M. A N.
leased July, 1869, for 999 years, to Pennsyl
Railroad, at a rental equivalent to interest,
sinking fund of debt, and 7 per cent on $t9.714,286
stock, which was increased at that time from
$11.500.000. The lease was transferred subsequently
to the Pennsylvania Company.
The lessees to keep
the road in repair, and also pay
taxes, expenses,
Pittsburg, Fort Wayne & Chicago leases the
Newcastle & Beaver Valley and the Lawrence roads;
which in turn are leased again by
Pennsylvania Com¬
pany.
New stock of $5,669,327, issued to Penn.
Railroad for improvements, &c., is under article 16
of lease. Net earnings,. 1877.
$2,956,146; profit to
Nov.
do
N. Y., City
do
1889
Dec. 1, 1892
July 1, 1878
July 1, 1880
Jan., 1898
Mch. 1, 1882
June, 1884
Nov., 1902
July 1, 1878
Nov., 1921
1,1875
1878 to ’90
do
21,
p.
1888
•
1875
1875
1831-’90
372, 434, 592; V. 22, p.
Pert Royal.—The Georgia Railroad guarantees
$500,000 of these bonds; sale in foreclosure was
made June 6, 1878, to Union Trust Co. f r
$503,000.
(V. 25, p. 90; V. 26, p. 95, 496, 654,)
Portsmouth, Great Falls & Comvay.—Opened in
1872, and leased to Eastern Railroad, Massachu¬
setts.
New 4# per cent bonds for $1,000,000
authorized, and new contract of lease. (V. 27, p.
15, 97, 115, 228.)
lessee, $154,022. Sinking fund for bands amounts to
Providence & Worcester.—Net earnings year end¬
$2,157,755. (V. 22, p. 588; V. 24, p. 516; V. 26. ing September 30, 1878,
$279,835; notes payable,
p. 543.)
$(i68,241. Mortgage bonds for $2,000,000 authorized.
(V. 25, p. 476; V. 26, p. 94; V. 27, p. 537.)
Pittsburgh Titusville & Buffalo.—This was the Oil
Creek & Allegheny River road.
Raleigh & Gaston.—Net earnings 1877-8, $107,185,
Sold in foreclosure
and re-organized Dec. 29, 1875. Defaulted
August, against $85,749 in 1876-7. (V. 27, p. 94.)
1878, on consol, bonds. (V. 25, p. 39; V.27, p. 137.)
Pittsburg Virginia & Charleston.—Of
the
Pennsylvania Railroad
ings, 1877, $34,640.
owns
these bonds
$500,000. Net earn¬
Reading & Columbia.—This road is operated and Philadelphia & Reading Railroad.
controlled by the
Floating debt, $1,093,494.
Reading & Lehigh.—This was the Berks County
road; sold out, and leased to Philadelphia &
Reading, March, 1875. for 99 years. Foreclosnre
suit begun in Feb., 1878. (V. 20, p. 63, 267; V. 26,
p. 266.)
Rensselaer & Saratoga.—Leased May 1, 1871, to
ceiver appointed
October, 1877. and foreclosure suit Delaware & Hudson
Canal Company, which pays in¬
is pending.
Report of committee and plan of re¬ terest on bonds and 8
per cent on stock. (V. 25, p.
organization, V. 26, p. 575. (V. 26, p. 41, 81, 94,
615.)
515; V. 27, p. 540.)
Richmond & Danville.—Gross earnings 1876-7,
Po?'tland h Rochester—Interest in default, and $909,317; net, $292,591. This company leases the
receiver appointed in January, 1877.
The report North Carolina Railroad and the Piedmont Railroad,
for year ending August 31, 1877, shows
and controls the Char. Col. & Aug. The Penn.
gross earn¬
ings, $133,896; expenses, $111,820. (V. 23, p. 354, Railroad took $1,000,000 of the new bonds. (V. 22,
p. 1 80; V. 24, p. 298, 370; V. 26, p. 115; V. 27,
377; V. 24, p. 170; V. 25, p. 333.)
p. 409.)
Portland, Saco h Portsmouth—Leased March 18,
1871, to Eastern Mass. Railroad for 99 years at 10
per cent per annummodified Dec., 1875, to 6 per
Portland h Ogdensburg.—The two divisions were
consolidated March, 1875, as one
company. ■ In
March, 1876, Company passed the interest on
its bonds, aud funding proposals were offered. Re-r
.
1880
Jan.
Nat. Bank,
cent for two years. (\.
p. 445, 5*2.)
568; V. 24,
1,"
July 15, 1873
Richmond, Office,
6-70 A. A O. New York or Richmond
6 g. J. A J.
London.
6 A 7
Various
Richmond, Office,
J. A J.
8
do
vania
Oct.
1897
J.
was
etc.
A. A O.
!M. A N.
i J.
A J.
A. A O.
480,000
1.000
A
A
A
A
A
A
A
A
!J. A J.
M. A N.
■
1870
1877
1873
1802
1804
'
O.
do
do
O. Pkil’delphia , Co.’s Office
O.
do
do
J. Balt., Balt. A Ohio RR.
A. Pittsb., First Nat. Bank
J. London, J.S.Morgan ACo
A. Phila., Pa. RR. Office.
O.
do
do
M’ntlily N. Y. Agent 57 B’way.
J. A J
Phila., Pa. RR. Office.
Q.-J. N. Y., Winslow, L. A Co.
do
Q.—J.
do
J. A J.
do
do
F. A A.
do
do
M. A S.
do
do
A. A O.
do
do
M. A N.
do
do
J. A D.
do
do
J. A J.
do
do
F. A A.
do
do
M. A S.
do
do
A. A O.
do
do
M. A N.
do
do
J. A D.
do
do
A. A O.
do
do
J. A J.
do
do
M. A S.
do
do
F. A A.
Philadelphia, Office.
A. A O.
do
do
J. A J.
do
do
IF. A A.
do
do
do '
jF. A A.
do
0.222,000
2,500,000
3,000,000
775,000
.....
1809
A.
A.
A.
J.
F.
J.
F.
A.
320,000
1.000
&
&
&
&
A
A
A
A
A
Q.-J.
Philadelphia, Office.
Q.-M. Phila., Treasurer of Oo. Sept. 3, 1878
J. A.J. Philadelphia A Boston,
July 2, 1878
J. A J.
do
do
July, 1884
0,500,000
-
1,000
1870
1871
1871
D
Philadelphia, Office.
D. Philadelphia A London.
D.
Philadelphia/ Office,
J.
do
do
O. Philadelphia or London
,7. London A Philadelphia.
D.
Philadelphia, Otiice.
J.
do
do
J London A Pliiladeljihia.
Various
do
do
M. A S.
Philadelphia, Office.
10,499,900
9,304,000
19,080,000
1,803,000
2,820,000
1,708,000
13,030,500
1,731,000
1,259,100
2.231,900
11,501,250
205,000
1,000,000
700,000
S00,000
166
....
J.
J.
J.
J.
A.
J.
J.
J.
J.
0,999,000
908,000
1,000
1,000
1,000
1,000
1,000
10 Ac.
10
3d mortgage, consolidated, coupon or registered.
New general mort., gold (for $6,000,000)
fellows:
1870
.
Raleigh d Gaston—1st mortgage
Reading d Columbia— 1st mortgage, coupon
into income mortgage bonds. (See V. 24, p. 299
)
A comparison of statistics for three years is as
1805
1802
80
52 ig 1807-9
52 ig 1870
52 ig 1871
52
52
1870
Portl. d Rochester— 1st mort., s. f. (Portl. loan) “A”
1st mortgage, equal lien
2d
do
(Portland loan) sinking fund, “B”
Portland. Saco & Portsmouth—Stock
1st mortgage, gold
Port Royal (S. C.)—-1st mortgage, convertible, gold
Portsmouth, Gt. Falls d Conway—Stock
Bands (not mort.) guaranteed by Eastern RR
Providence d Worcester—Stock
First mortgage bonds
New bonds
Gross earnings..
1874
....
Pittsb. Titusville d: Buff.—1st mort. (W. & F.RR.)..,.
1st mortgage (Oil Creek RR.)
1st mortgage (Un. A Titusville RR.)
1,000
,
408
408
408
4G8
408
408
408
408
408
408
408
408
408
408
cou¬
$1,000 $10,649,000
November 30,
RAILROAD STOCKS AND BONDS.
1S78.]
Subscribers will confer
a
DESCRIPTION.
For
great favor by giving Immediate notice ot
any error discovered In these 'fables.
Miles
Richmond, d Petersburg—1st mortgage, coupon
New mortgage
Rochester d State Line— 1st mortgage
Rome, Watertown d Ogdensburg—Stock
1st sinking fund mort., Wat. & R
General mortgage, sinking fund
2d mortgage
Consol, mort., convert, till July, ’79, coup
Rutland—Stock, common
s
Preferred stock
25
....
do
«■
General mortgage
mortgage iii exchange for equipment bonds
St. Joseph d Western— 1st M. St. Joseph & Paciric..
Kansas A Nebraska, 1st mortgage
St. Louis, Alton d Terre Haute—Stock
Preferred stock (7 per cent yearly, cumulative)..
1st mortgage (series A) sinking fund..'
£ si-— S
1st mortgage (series B) sinking fund..
2d mortgage, preferred (series C)
2d mortgage, preferred (series I))
i
2d mortgage, income..
Equipment mortgage
St. Louis, Iron Mountain d Southern—Stock
New
1st mortgage, coupon
2d mortgage, gold, coupon, may be registered
Cons. M. gold (s. f. after 1880), coup.,
maybe rog.
Arkansas Branch, 1st mortgage, gold, land
grant
Cairo Ark. A Texas, 1st mort., gold, coup or
reg.
Cairo A Fulton, 1st n ort., gold, or road and land
St. L. Kansas City d Ar.—Stock ($12,000,000 pref.)
1st mortgage (North Missouri)
Real estate and railway 2d mort
St. L.d S.Francisco.—1st M. (So. Pac.), g., (I’d grant)
do
do
....
e.
1864
1861
1864
186 V
186 t
1870
....
....
....
....
686
210
210
686
100
300
525
351
354
293
....
210
420
98
158
Richmond & Petersburg.—In July, 1878, 2 per cent
on stock of $l,G)8.bO’.
Gross earn¬
ings year ending Sept. 80. 1877, $137,116; net,
$47,271. (V. 22, n. 15; V. 24, p. 62.)
Rochester & State Lin-?.—Bonds sold in N. Y.,
July, 1878. Road runs from Rochester, N. Y., to
Salamanca, and Rochester City furnished $t00,(L0
towards its construction.
J.
A.
F.
M.
M.
M.
A
A N.
A N.
A S.
F.
M.
A.
J.
J.
J.
A
A
A
A
A
A
1,900,000
1,000
7,194.500
293,200
2,476,000
2,295,000
350,000
3,250,000
5,145,000
1,000,000
1,899,000
2,600,000
5,550,000
1,630,848
2
7
7
7
7
7
10
7
7 g.
7 g.
7 H
7 g.
7 g.
7
7
6 g.
6
2 Ac.
2 Ac.
10
7 g-
7 g.
7
7
7
A
A
A
A
A
A
A
A
A
A
A
5,700,000
7
220
140
121
121
1870
1871
1,000
1,000
34L2
1872
7
7
2
8
8
2
7
6
7
7
8 g.
6
2k
7
....
....
....
•
Ills
1869
1853
1868
1869
1870
1874
11
....
98
.
1876
80
80
40
100
100
.
.
.
....
1851
1870
....
.
f
28
28
78 k
78 k
.
.
.
....
....
1S71
1864
1871
1,000
1,500,000
15,000,000
2,081,800
2,400,000
1,000
446,000
50
1,050,356
1,000
2,301,000
500
505,000
100 Ac.
111,800
500
500,000
1,000
2,423,000
100 Ac.
500,000
50
576,050
500 Ac.
1,300,000
100
1,350,400
1,000
210,000
1,000
16,000 p.m.
838,500
241,000
3,000,000
50
869,450
500 Ac.
1,994,000
1,000
750,000
850,000
100
•
•
•
.
3kj
7
8
7
8
7
3
7 g.
7
8
-
The net earnings have been applied to
floating debt
rather than to pay bonded interest. As to suit
in
the U. S. Circuit'Court of
Missouri, see V. 27, p.
358, 09
(V. 26, p. 287, 342, 3i8, 625; Y. 27, p
J. N.
do
J.
S.
J.
N.
N.
N.
Nov. 1, 1902
19—
19—
s
Feb. 1,1878
1894
1894
1894
1894
1894
1880
Aug. 1, 1892
May 1, 1897
April 1, 1914
June 1, 1897
June 1, 1897
Jan. 1, 1891
N.Y.,Nat Bkof Com’rce July 1, 1895
do
do
Sept. 1, 1904
N. Y., Trask A Stone.
July, 1888
do
do
do
do
do
do
do
do
N. N.
A.
J.
J. N.
N.
S.
J.
D.
D.
A.
N.
i.875
Sept. 1, 1880
do
do
do
do
do
do
July 1,1902
July 15,1875
Sept. 1, 1880
Dec. 1, 1891
Jan. 1,1892
July 1,1904
May 1,1880
Y., Office 12 Wall st.
d<>
do
do
1880 to ’86
IMay 1, 1915
Feb. 2,
do
do
do
New York.
Q-J.
M.
F.
J.
J.
M.
250 Ac.
250 Ac.
250 Ac.
8
do
do
do
A. N.Y.,Office 20 Nassau st
N. New York or London.
O.
do
do
D. New York, Co.’s Office.
D.
(lo
do
J.
do
do
A
A
A
A
M. A
M. A
1868
1,000
358, 384, 409.)
St. Louis, Kansas City & Xorthern.—RoM the stock
is prtf., 10 per cent
yearly, but not cumulative.
Gross earnings in 187f, $3
147,173; net, $1,250,773.
Floating
dibt
partly retired with second mortgage
Rome, Watertown & Ogdensburg —The last report bonds.
(V. 24, p. 90. 272; V. 26, p. 68, 288, “s7i;
shows gross earnings in 1876-7 of $1,255,211; ex¬
penses, $912,184; net earnings, $343p3b. Default was V. 27, p. -.32, 488, 515.)
S',
lo
/is
cft. San Francisco.—This is the
made on coupons consol, bonds
re-organi¬
Apri’, 1878. (V. 22, zation of the Atlantic
& Pacific, sold in foreclosure
P- 493; V. 26. p. 334.)
Sept. 8, 1876. The Atlantic & Pacific was a consoli¬
Rutland.—Formerly leased to Vermont Central, dation, in 1870, of the Atlantic & Pac. and So.Pacific.
but default made on rental, and le :se annulled.
(V. The land grant amounts to some 1,000,000 acres.
25, p. 137; Y. 27, p. 121, 253, 884.)
'Ihe interest on bonds “B” and “ C” is 2
cent
fit. Joseph dt Wedem.—The St. Jo. and Denver for 2 years, 3 for 3 years, 4 for 1 year, 5 forper
1 year,
City was sold in foreclosure Nov., 1875, and re¬ a-:d 6 afterward. In 1877
gross earnings were $1,organized. ’Pile land
grant of 300,< 00 acres is in 3 3,9)3; net, $739,1^6, against $675,047 in 1876. (V.
hands of trustees, for the
benefit of ihe holders of 24, p. 543; V. 25, p. 282, 457; V. 26,
p. 241.)
the land scrip of
Gross earnings of
$2,250,000
St. Louis dt Southeastern.—In Hands of receiver.
road in
1877, $537,'■8!i; operating expenses, $373,906; Tenn. and Kv, Divisions to be sold Jan.
1, 1879. (V.
rentals, &c., and taxes, $140,415. {V. 24, p. 332, 469; 23. p. 549; V. 24, p.
203, 322; Y. 26, p. 263, 304;
V. 26, p.
289.)
V. 27, p. 229, 488b
St. Louis, Alton & Terre Haute.—The main line—
St.
Terre Haute to E. St. Louis and Alton Branch—wus stock Louis, Vu'idaiia & Terre Haute— The com.
is $2,383,315; pref., $1,451,700. This road is
mased June, 1867,
for 99 years, to IndianaD. & St. L. leased to Terre Haute & Indianapolis at 30
at 30
per cent
per cent of earnings (but $450,000 a
minimum). of gross earuings. In 1877gross earnings, $1,118,470.
This was guaranteed by thiee other
Bonds
companies: see
guaranteed by Terre Haute & Indianapolis,
V. 26,
p. 614,654. Jn 1877, gross
earnings were $953,- by Columbus, Chicago & Indiana Central, and Pitts¬
5<0, against $1,072,403 in ’76. The
Belleville Br. and burgh. Cincinnati & St. Louis. (Y.
24, p. 110; V.
Extension earned net in 1877, $131,540. Coupons 26,
p. 165 )
fine
August, 1878, on 2d mort. bond} were passed.
St. Paul & Duluth.—This is the Lake
Superior &
26, p. 417, 614,625, 651; Y. 27, p. 17, 140, 437,
Mississippi reorganized. Preferred stock is receiv¬
454, 488.)
able for lands.
Land
grant, about 1,600,000 acres.
St. Louis, Iron Mountain &
Southern.—There are (V. 27, p. 147.)
*080
$668,000 of Cairo & Fulton Income bonds.
St. Paul & Pacific, First Division.—The 3d
Cross earnings, 1877,
mortg.
$4,500,422; net. $2,131,901. In of $6,000,000 has the additional security of the
three coupons on all $1,500,000 first mortgage bonds held by its trustees.
s
company
except
the old funded
firsts, but when coupons fell Interest in default since June, 1872, on all the issues
one Nov.,
1876, they were paid only in part. Half exceut the first and second
interest only is
on Branch
paid on the mortg. bonds, except Line,' but certain payments mortgages
made in May, 1877.
tne 1st
mortg. St. L. & I. M., which is paid in full; Suits of foreclosure are in
progress, and the rail¬
S the
,
A.
N.
S.
N.
A 0.
A A.
J.
M.
J.
M.
250 Ac.
101
60
.
A J.
A J.
M.
J.
J.
J.
F.
M.
Savannah d
.
J.
J.
3^s
7
7
7
7
7
116
116
101
Memphis— 1st mortgage
7
7
1,500,000
’8,000,000
24,000,000
6,000,000
3,000,000
1,000
1,000
1,000
Boston, Treasurer.
1,960,000
2,500,000
500 Ac.
A
A
A
A
do
do
New York.
Y., Farm. L. A T. Co.
do
do
do
do
do
do
do
do
m
8
8
1.000
....
m ^
F.
M.
M.
M.
1,000
Dividend.
■
7
4,428,000
Whom.
Richmond, Office.
500,000
500,000
1,212,000
2,300,000
2,468,400
1,100,000
1,100,000
1,400,000
1,400,000
1,700,000
Bonds—Princi¬
pal, when Duo.
Payable, and by Stocks—Last;
A. & O.
M. A N.
J. A J.
J. A J. N.
M. A S.
J. A D.
J. A J.
A. A O.
120,000
366,000
1,096,000
1,114,000
1,500,000
1,700,000
Saginaw Valley d St. Louis.—1st mortg., coup
Sandusky Mansfield d Xetvark—Re-organized stock
1st mortgage, new
Savannah d Charleston—C. A S.,, guar, by S. C
Funded int. bouds, S. A C. RR., guar, by S. Car...
1st mortgage, Savannah A Charleston RR
975,107
1,000,000
4,250,000
2,479,700
4,168,700
1.000
1,000
1,000
210
366,007
4,000,000
5,927,000
1874
69-71
1862
1862
1862
1865
1864
1864
2,180,000
3,147,600
1,000
1876
1876
8
7
7
3
7
7
7
7
31,000
21,028,761
1,000
INTEREST OR DIVIDENDS.
Rate per When Where
Cent.
Payable
$175,000
100
1,000
10
76
76
76
150
150
(Outstanding
300,000
1,000
500 Ac.
100 Ac.
500 Ac.
500 Ac.
1868
Amount
1,000
156
$475,000)
Gulf— 1st mort., guar, by Alabama
Selma Rome d Dalton— 1st mortgage
2d mort., Alabama A Tenn. River RR
General mortgage for $5,000,000
.;.
Shamokin Valley d Pottsville—Stock
1st mortgage, gold, on road and lands
Sheboygan d Fond du Lac— 1st mortgage
1st mortgage extension
1,000
500 Ac.
1874
1872
1867
1867
158
156
"1st M., St. Anthony to 150 miles west
2d M.,&lst 1. g., St. A. to
150m.W.($3,000,000)
3d M., 1. gr. on 150m. W. of St. A. & 1st M. on
60m. more with 1. gr. ($6,000,000)
4th M., St. P. to Breckenridge, 2d on I’d
gr.,
d
1,000
1865
186S
1876
....
Seaboard d Roanoke—Stock
1st mortgage
100 Ac.
100 Ac.
100
100
1,000
500 Ac.
100
....
Schetiectady d Duanesburg—1st M., guar. D. A H
Schuylkill Valley—Stock.,
Scioto Valley— 1st mort. (s. fund $13,000
per year)
100
100
100 Ac.
100 Ac.
100 Ac.
1867
1872
1874
1870
1872
1870
72
Land debentures
St. Louis d Southeastern—1st M., gold. conv. s. fund
Consolidated mortgage, gold,
sinking fund
Evansville Henderson A Nashville, 1st mort
St. Louis Vafulalia d Terre Haute—1st M. s. f.
guar
2d mort., sink, fund ($1,000,000 guar.)
St. Paul d Duluth— Preferred 7 per cent stock
Common stock
St. Paul d Pacific—First Division—
®
1st M., 10 miles, St. P. to St.
Anthony
2d M., St. Paul to Watab. ($700,000)
'
3d M., land gr’t, St. P. to Watab.
($1,200,000)
Consol, land gr’t
do
($2,800,000)
dividend made
....
C, gold......
150m. ($3,000,000)
St. Paul d Pacific— 1st mortgage bonds
St. Paul d Sioux C — Pref. stock, (Div. on
Common stock
1,000
1,000
1870
1870
1872
1878
1876
1876
....
2d mortgage bonds, A
do
do
B, gold
100
1861
...
115
—
....
1,000
1872
1874
207
•
$1,000
100 Ac.
500 Ac.
....
115
5s II
Value.
1855
360
120
120
120
120
120
or
Par
....
97
190
190
,
Size,
1870
1875
1878
109
409
Equipment mortgage bonds
Selma
Date
explanation of column headings, Ac., see notes
of
of
at the head of lirst page of tables.
Road. Bonds
do
xxvii
Y., G. Opdyke A Co.
do
do
do
do
1
Y., Third Nat. Bank.
do
do
Nov. 1, 1906
Nov. 1, 1906
Nov. 1, 1906
Jan.. 1, 1884
Nov., 1894
Aug.. 1902
Julf 1, 1897
Jau. 1. 1897
May 1, 1898
N.Y.,J.S. KennedyA Co.
1881
do
do
In default.
do
do
do
1894
M. A N.
do
1898
J.
J.
do
do
1900
1901
-
A D.
A J.
Q.-J.
St.
1892
1892
1892
1894
Paul, Office.
Oct,, 1876
J. A J.
M. A N. New York, 9th Nat. Bk.
May 1, 1902
1st N. Bk., Sandusky, O.
Oct. 1, 1875
J. A J. N. Y., Union Trust Co.
July, 1902
M. A S. Charleston, 1st Nat. Bk.
March 1, 1877
M. A S.
New York.
Sept. 1, 1899
J. A J.
do
Jan. 1, 1889
M. A N.
N.Y.,Lancaster, B. A Co. May 1, 1890
M. A S. Del. A Hud. Canal Co.
Sept. 1, 1924
J. A J.
Philadelphia, Office.
July, 1878
J. A J. N.Y., Winslow, L. A Co.
Jan. 1, 1896
M. A N. Phil.,Townsend, W.ACo.
Nov. 1, 1878
F. A A.
do
do
Aug.. 1880
A. A O.
New York.
Jan. 1, 1890
J. A J.
New York, Office.
Jan. 1, 1872
J. A J.
do
do
Jan. 1, 1864
A. A O.
do
do
April 1, 1887
F. A A.
Philadelphia,Treasurer.
Aug., 1878
J. A J.
do
do
July, 1901
J. A D.
N. Y., (In default.)
June, 1884
A. A O.
do
do
October, 1896
....
road has been in possession of the
trustees under
the mortgage deeds.
An
important negotiation for
bonds has been consummated.
(V.
25, p. 114, 154,408, 424, 458, 641; V. 2h, p.
266, 316,
342. 420, 575; V. 27, p. 42, 68,
149, 515.)
taking
up tne
St. Paul At Pacific—The road is in hands
of Re¬
ceiver of U. S. Court, and the bonds are all
held in
Holland. 1’he mortgage is being
foreclosed, (V. 24,
p. 510; V. 26, p. 316, 342, 420, 436, 575; V. 27,
p. 42,
68, 149, 515.)
St. Paul dfc Sioux C ity.—This
company has 727,766
land unsold.
(V. 24, p. 298; V. 26, p. 548;
acres of
V. 27, p.171.)
Saginaw Valley &St. Louis.—Has a traffic guar¬
by Michigan Central. Net earnings, 1877,
$57,518. (Y. 27, p. 304.)
Sandusky, Mansfield & Neioark.—This road is
leased to the Central Ohio, and the lease
guaranteed
by Baltimore & Ohio. (V. 19, p. 584; Y. *6, p. 290.)
Savannah &
antee
Charleston.—Road in hands of receiv¬
and decree of sale made. (V. 22,
p. 615.)
Sav nnah dt Memphis — Defaulted after the
crisis
of 1873. Net earnings, 1875-6,
$16,118.
er
Sehenec'ady tfe Duanesburg.—Capital
owned
by the D.&H. Canal Co.,which
runs
stock is
the road.
Schuylkill Valley.—Leased to Philadelphia & Read¬
ing, with 5 per cent dividends.
Scioto Valley.—This new road, from
Columbus to
P01 tsinouth, reports net
earnings of $9),(9i from.
March 1 to Sept. 1,1878.
Seaboard & Roanoke.— Net
earnings year ending
March 1, 1878, $167,928. Report V.
21, p. 276.
Selma & Gulf—Interest in default. Foreclosure
sale pending. (Y. 24, p. 299;
V. 25, p.335, 593; V.
27, p. 304.)
Selma, Rome db Dalton This was
the
formerly
Alabama & Tennessee River. Interest
in default,
and road to be sold. (V. 24,
p. 56b.)
Shamokin Valley & Pottsville.—Leased
February,
1863, to Northern Central,at7per cent on bonds ana
—
6 per cent on stock.
Sheboygan & Fond du Lac.—Defaulted 873. Grose
earnings, 1877, $100,011; net, $12,204.
V. 24, P*
198, 345; V. 26, p. 521.)
BAILROAD
XXV 111
Subscribers will confer
a
explanation of column headings, &c.,
at head of first page of tables.
Miles
Date
of
of
see notes
Shore Line (Conn.)—Stock
l'st mortgage, construction bonds
Sioux City <£ Pacific—1st mortgage
2d mortgage (government
subsidy)
Sioux City & St. Faul—1st mortgage,
gold, I’d grant
1st mortgage, currency, for $2,100,000
Somerset— 1st mortgage, gold
South Carolina—Stock
1st mortgage, sterling loan
do
dollar bonds (L)
2d mortgage (for $3,000,000)
Domestic bonds (I)
Domestic bonds (K)
So. d- No. Alabama—1st M., endorsed
by Alabama.
2d
mortgage (W. Div.) convertible
Consolidated
1st
mortgage (for $6,200,000)
1868
242
242
183
183
57
57
69
114
114
87
170
712
24
257
'30
!
1871
1871
1871
1,000
1,000
1868
1868
1872
1866
1868
1870
1873
1867
1870
Various
500
"
1874
1869
1872
1870
1868
1875
500
100
1,000
500 *&c.
500 &c.
500 &c.
1,000
100 &c.
l',6'ob
500 &c.
Too
100 &c.
100 &c.
30
81
81
81
20
20
1875
1875
1867
1876
1,000
500 &c.
100
1,000
1,000
50
106
444
444
444
50
116*2
110%
116*2
1869
1873
1875
1875
1875
1875
1876
1866
1864
1866
1870
1871
1,000
1,000
1,000
1,000
1,000
100
1874
1,000
....
1878
....
....
do
(government subsidy)
3d
do
on road (2d on
land), sinking fund. 1,038 1874
Land grant bonds on 10,764,947 acres
1867-9
Omaha bridge bds, st’g, (s.f. about $50,000
1871
yrly).
Union Pacific, Central Branch— 1st mort., gold
100
1866
2d mcrtgage (government
100 ’66-7-8
subsidy)
United N. J. RR. & Canal Companies—Stock
General mortgage, gold, coupon
United Co.’s mortgage,
sinking fund, registered.,
do
sterling loan mortgage, sinking fund
do
do
do
do
do
do
dollar loan, mortgage
1
do
bond to State of New Jersey
Joint Co.’s mortgage, sterl’g, s. fd. (£138,500).
do.
plain bonds
do
do
do
consol, mort. (sink’g fund after 1880)
N. J. RR. & T. Co., 3d loan due State of N. J
Utah Central—Stock
’
1st mortgage, gold
Utah Southern—1st mortgage, coupon
Utica & Black River—Stock
1st mortgage bonds of July, 1868...
Mortgage bonds, 2d issue
Great Western, and ** rental trust bonds ” issued.
Gross earnings 1875, $201,039; net, $114,699.
Shore Line — Leased to New York & New Haven
at
379
100
1,240,000
450,000
5,819,275
1,482,666
1,051,500
1,206,500
1,067,500
63,500
391,000
5,211,810
750,000
36*2
75
168
75
87
1870
1871
625,000
3,892,300'
399,000
400,000
448,000
350,000
500,000
2,004,000
270,000
1,750,000
4,125,000
1,050,000
3,552,000
7,548,000
6,459,000
10,000 p.m
1,800,000
1,600,000
1,300,000
1,500,000
250,000
1,609,000.
1,384,000
2,179,000
1,600,000
1,600,000
19,890,400
5,300,000
2,000,000
1,846,000
1,800,000
154,000
500,000
866,000
5,000,000
100
1868
1871
net,
York Stite for Lehigh Valley, which
company en¬
dorses $400,000 Qf second mortgage bonds.
South Iowa & Cedar Rapids.—La progress. Ot¬
tumwa to Cedar Rapids, la.
Southern Minnesota— Sold under 2d mortgage and
d 1st mort, 7s
1,790,000 acres.
yet out $220,000
(pink), due 1884. Land grant is about
The construction mort. interest is
paid J. & J. at 7 per cent, though originally A. & O.
at8 per cent. (V. 24, p. 11, 198, 227; V, 25, p.
235,
403; V. 27, p. 67, 358, 515.)
Southern Pacific (CoI.)—T\)1b road is controlled:
o
Jby
(?$htrftl Pacific parties,
The bonds
are
hj
N.
N.
Dividend.
Y., N.Bk. of Com’rce
IL, Nat. N. H. Bank
do
April 1, 1889
July 5, 1878
do
Sept. 1, 1880
Jau. 1, 1898Jau. 1, 1898
N.
Y., Nat. Park Bank
U.S. Treas,., at maturity
|M. & N. N. Y., Metropol. N. Bk
100,000
676,005 1
1,000,000 !
1,500,000 1
1,770,720 1
200,000 I
912.000 I
•
•
....
1882
Q.-j.
1*2
6 g6
8
7
8 g6 g. 6
2*2
6
6
6
6
6
7
6
6
6
6
7
10
6
7
2
7
7
g.
g-
g-
....
M.
A.
A.
M.
<fc 8.
& O.
& O.
& N.
....
New York and Boston.
do
do
U.S. Treas., at maturity.
New York and Boston.
New York and Boston.
London, L. <fe S. Fr. Bk.
N. Y., Company’s Office.
U.S. Treas., at maturity.
Pliila. and N. Y. Offices.
S.
Philadelphia, Office.
O.
do
do
8.
London.
S.
do
A.
Philadelphia.
90 days after demand.
A.
London.
A.
Philadelphia Office.
D.
Princeton, N. J.
N.
Philadelphia Office.
0. N. Y., B’k of Commerce.
....
J.
J.
M.
I.
T.
g.
B, C and D, of which ‘ A” includes $15,000,000, part in $500 bonds, all the others are $1,000
each. A sinking fund of $100,000 per
annum begins
in 1882, and proceeds of land sales also
go to pay
bonds. The land grant is 12,830 acres
per mile.
The stock paid in is $36,763,900. In 1876-7 the
gross
earnings were $3,553,005 gold, and net earnings,
$1,823,830 gold. (V. 26, p. 209, 316; V. 27, p. 321,
Leases St. L. Van. & T. H. at
30p.c. gross earnings.
Texas & New Orleans o/*1874.—The
company has
a I’d gr.of 875,000 acres timber and
acricuitura' lands
Texas A Pacific.—Gross
310; operating expenses,
$882,871. Cf old land bonds $1,064,000 are yet
out,
and $183,225 coupons., (V. 25,
p. 162. 210; V. 26,
p. 316; V. 27, p. 42, 149, 226, 384, 515.)
Texas Western.—This
narrow-gauge road is in
progress. (See V. 23, p. 49, 152, 526.)
Toledo, Peoria & Warsaw.—Passed into receiver’s
hands February, 1874.
Foreclosure pending. In
1876-7.net earnings were $56,415. (V.
26, p. 68, 310,
575; V. 27, p. 63, 469, 515.)
& J.
M. &
A. &
M. &
31. &
F. &
Due
F. <fc
F. &
J. &
31. &
A. &
g-
series A,
earnings, 1877-8, $2,331,$1,448,439; net earnings,
J.
Q.-J.
&
&
&
&
&
J.
J.
S.
J.
J.
N.
Salt Lake City.
Y., Kountze Bros.
; Utica.
Utica and New York.
do
do
Oct. 1, 1878
1896 to 1899'
3Ich. 1, 1894
1887
April, 1896
May 1, 1895
1896.’97, ’98
Oct.
Mch.
Oct.
3Ich.
3Icb.
Feb.
10,
1,
1,
1,
1,
1,
18781901
1894
1894
1894
1888
1880
Feb.
1, 18S3
1, 1889
Nov. 1, 1889
Jan.
Overdue.
(?)
1, 1890 '
July 1, 1891
Jau.
Sept. 28,1878
July, 1878
July, 1891
Troy & Boston.—With leased roads forms a lineTroy, N.Y., to North Adams, Mass In 1875-76,
gross earnings were
$566,539; operating
$293,334. There are #119,000 of old 1stexpenses,
and 2d
mortgage bonds yet outstanding.
Troy Union—A. short road in Troy city. Bonds
issued by city and guaranteed
by several roads.
Union Pacific.—Gross
earnings in 1877 weie
$12,473,203, against $12,886,853 in 1S76; net earn¬
ings, $7,1)9,782, against $7,618,647. In 1878 the
funding bill was passed in Congress; the C-urt of
Claims
from
$100,000 per year. Old stock was exchanged for
in July, 1873.
Gross earnings, 1876-7, $342,371;
$49 869. (V. 21, p. 63.)
Sioux City & Pacific.—Div. of 3# on pref.-stock
paid Oct., 11:78
(V.*27, p. 93, 253, 274.)
409.)
Sioux City & St. Paul.—There are also $502,000 2d
South.Pennsylvania.—This is a mining and RR Co.;
mort. bonds, $146,000 equipment, and $286,600 in¬
re-organized in 1872 after foreclosure under 2d mort.
come bonds.
Lands sold m 187?, 40,664 acres.
(V. The road is leased by the Cumberland Valley.
Southwestern Georgia.—Leased to Central
25, p. 212; V. 26, p. 290, 471, 4 9 4, 549, 567.)
Georgia.
Somerset.—This road is leased to Maine Central. Dividends 8 a year to every 10 per cent on Central
Georgia stock, but 7 per year guaranteed. “Tri¬
South Carolina.—Receiver appointed Sept., 1877.
partite” bonds issued; see Central Georgia.
Gross earnings in 1877, $1,020, 664; operating
ex¬
Springfield, Athol & Northeastern.—(V. 24, p. 198.)
penses, $593,153; net earnings, $426,910. A proposal
Sterling Mountain.—Cost of road and equipment,
is made for concessions by vid mortg. bondholders.
$502,468. Net earnings 1872-3, $15,673.
(V. 26, p. 217, 342, 393, 418, 420, 471; V. 27, p. 42,
Stockton & Copperopolis.—Defaulted
July, 1374,
253, 304.)
and old bonds of $1,000,000
exchanged for present.
South & North Alabama— Operated by Louisv. &
(V. 21, p. 159, 161', 316.)
Naahv., which holds a majority of the stock, and
Syracuse, Binghamton & New York.—Operated by
guaraatees the bonds and holds $1,000,000 of 2d Del. L. & W., and bonds
guar, by that Co.
Last
mortg. bonds. Pref. stock, $2,000,000.
dividend on stock (in 1875) 4 per cent. (V.
26, p. 31G.)
Souihern of Long Island. - Leased to L. I. RR.
Summit Branch.—This is a coal road, and leases
There are also $60,000 6 p. c. mortg. bonds on
Lykens Valley.
Net earnings in 1876, $151,665. (V.
Rockaway Branch. It is proposed to ‘ scale” all 25. p.113.)
bonds except 1st South Side. (V. 26, p. 471, 626,654;
Terre Haute <t Indianap.—Net earnings
in 1874-5,
V. 27, p. 85.)
$371,713; in 1875-6, $355,955; in 1876-7, $344,403.
Southern Central— Forms an extension into New
new
Stocks—Last
Whom.
6
29,300,000
497,310
1,000
1,000
O
J
S
J.
J.
Payable, and b\
680,000
1,500,000
600,000
1,500,000
3,332,000.
1,700,000
1862
1868
A. &
J. &
M. &
J. &
J. &
Bonds—Princi
pal, When Due
650,000
1,500,000
405,050
13,907,000
7,145,000
1,000
7
4
7
6
6
7 g8
Where
M. & N.
do
do
Nov., T901
7 g- |J. & J.
July, 1891
1
Q--F. Charleston,S.W.RR Bk
May, 1871
5 g. !J. & J.
London.
1878 to ’88
6
J. & J.
New York.
1878 to ’88
7
A. & O.
do
Oct. 1, 1902
A. & O.
7
Charleston.
April, 1891
6
J. & J.
do
1880 and 1892
8 g. J. & J. N. Y., Drexel, M. & Co. Jan.
1, 1890
6 g. M. & N. London,
Baring Bros.
7
M. & S. N. Y., Gallatin Nat. B’k 3Iar.
1, 1887
7
M. & N.
do
do
3tay 1, 1900
7
M. & N.
do
do
Nov. 1, 1879
7
F. & A. N. Y.,
Vermilye 61 Co. Aug. 1, 1899
7 g. M. & S.
do
do
3Iar. 1, 1882
7 g. M. & N.
3Iay 1, 1900
7
J
ca J
N Y.,
Company’s Office.
1888
6 g. A. & O. N. Y., C. P.
Huntington.
April
1, 1905
7 g- M. & S.
Mar. 1, 1900
J. & D. Savannah,Cent.RR.
3*2
Ga. June 20,1878
7
Various
3Iacon.
1886
7 g- J. & J. Charleston& New York.
Jau. 1, 1897
7
J. A J. Boston, Eliot Nat. Bank
July 1,’83 to’93
7
J. <fc J.
New York.
1885
5
J. & J. N Y., Central Pacific.
January,
1905
J. & D. N.Y., D. L.& W. RR.
410
Co. Dec. 15, 1875
7
J. & D.
do
do
June, 1887
7
A. & 0.
do
do
Oct. 1, 1906
3
F. & A. Philadelphia & Boston.
Aug. 16, 1876
7
J. & J. Boston, N. Y. & Pliila.
Jan. 1,1904
4
J. & J. N.Y.,Farmers L.& T.Co.
Aug. 5, 1878
7
A. & 0.
do
do
July, 1879
7
1893
7
F. <fc A. New York, Co.’s Office.
Aug, 1, 1905
0 g- M. & S. Pliila., N.York
ALondon March 1, 1905
6 g- J. & D.
do
do
June 1, 1905
7
New
York& Philad’pliia Jan. 1,
July.
1915
7 g. J. & J. N. Y., Farm. L. &
Tr.Co
7
F. & A. New York, Co.’s office.
Feb. 1, 1S96
7
J. & I).
do
do
Dec. 1, 1894
7
A. & O.
do
do
April
1, 1886
7
31. & N.
do
do
May 2, 1910
J. & D.
7
do
do
June 1, 1901
4
F. & A. Troy, Company’s
Office. Aug. 1, 1878J. & J. N. Y., Nat. B’k of Com.
7
1894
7
M. & S.
do
do
1*660
1,000
1,000
Payable
1,628,020
500,000
1,000
1,000
£200
Cent.
1,629,000
36,745,000
27,232,000
27,232,000
100
1871
1871
1871
1871
1871
1871
1834-7
l
When
1,000,000
200,000
800,000
1,000
1,000
1,000
1,000
j
Rate per
$874,500
1,988,150
800,000
1,000
500 &c.
Shenango & Alleghany.—Leased to Atlantic &
Outstanding
800,000
"50
113
73
Troy Union— 1st mortgage, guaranteed, Troy City.
2*8
Union Pacific—Stock'.
1,042
1st mortgage, gold, on road and
equipment
1,038 1866-9
re-organized March, 1877. There are
[Vol. xxvir.
INTEREST OR DIVIDENDS.
500 &c.
100
100 &c.
500 &c.
500 &c.
1876
10
53
35
1st mortgage, consolidated
Convertible bonds
New mortgage bonds (for $1,000,000)
1860
48*2 1871
7*2 1865
227
mortgage (Burlington Div.)
Troy <£* Boston—Stock
2d
BONDS
Amount
Par
ioo
Sterling Mountain (N.Y.)—1st mortgage
Stockton <£- Copperopolis— 1st mort., (guar,
by C. P.)
Syracuse Binghamton <£ N. Y— Stock
2d mortgage (now first)
Consol, mortgage (guar. D. L. & W.)
Toledo, Peoria <£• Warsaw— 1st mortgage (W. Div.)..
1st mortgage (E. Div.)
105
242
fund, guar, by L. & N
—
is 65
124
Southern of Long Island—1st mortgage (S. Side)...
2d mortgage S. Side (1st mortg. s. fund)
Mortgage bonds, Southern of L. I
Southern Central (N. T.)—1st mortgage
2d mort. gold ($400,000 end. by
Lehigh V. RR.).
Southern Iowa <& Cedar Rapids—1st mort.,
gold
Southern Minnesota— 1st mortgage, construction...
Southern Pacific (Cal.)—1st mort.,
gold, land gr
Southern Pennsylvania—1st mortgage, gold
Southwestern ( Ga.)—Stock, guaranfd 7 per annum
Company bonds, convertible into stock at par....
Spartanburg <& Asheville—1st mortgage, gold
Springfield Athol <£- N. E.—1st mortgage
Summit Branch (Pa.)— Stock
1st mortgage bonds
Terre Haute <£ Indianapolis—Stock
1st mortgage
Bonds ot 1873 (for $1,600,000)
Texas & N. Orleans of ’74—1st mortg. land gr.,
coup
Texas <& Pacific—1st mort., gold, coup.($8,000
p.m.)
2d mort., consol., gold, coup. ($17,000
p. m.)
Income and land mort., reg. (7,600,000 acres)
Texas Western— (Narrow g.)—1st M., 1. gr., gold
32
50
50
i‘22
-
s.
! Size, or
Road. Bonds I Value.
Shenango <& Alleghany—1st mortgage
Sterling mort.,
AND
great favor by giving immediate notice of any errors
discovered in tbese Tables.
DESCRIPTION.
For
STOCKS
decide!
against the company as to the 5 per
cent of net earnings; an
important contract was
made with Kansas Pacific; the
July dividend was
passed. Land sale?; to Aug. 13, 1878, 1 567,672 acres,,
for $6,966,333, of which
249,392 acres in 1878, for
$1,249,2 6. Land contracts Aug. 13, $3,603,467, cash
$469,035. Abstract of last reports V. 26, p. 241. (V.
24, p. 226, 591; V. 25, p. 408; V- 26, p 241, 266.
368, 471, 548. 593. 626, 654; V. 27, p.
42. 96, 97, 122,
149, 193, 229, 253, 274, 384, 480.)
Union Pacific Centred
B:anch.—Formerly the
Atchison &
Pike’s Peak.
Interest in default sinceGross earnings 1875-76, $114,414;
expenses, $131,500. (V. 27, p. 96, 253 ,274, 539.)
United New Jersey Railroad & Canal
Companies.
—I he Camden & Amboy Railroad and
branches,
Delaware & Raritan Canal, and New Jersey Railroad
form the United Companies of New
Jersey. They
were leased to
Pennsylvania Railroad, Get. 20, 1871,
at 10 per cent on stock and
assumption of all lia¬
November, 1873.
bilities.
In 3877 the
gross
earnings
were
$8,960,* 96;
income, $2,651,521, leaving a deficit for lessees
of $1,433.1'. 8 after paying interest and dividends.
(V. 24, p. 516; V. 25, p. 349, 433, 458, 476; V. 26, p.
net
2 1 5 , 304.)
Utah Central.—Salt Lake to Ogden.
In year end¬
ing April 30, 1S76, net earnings were $232,737, and
dividends amounting to 20 per cent were
paid.
Utah ■ Southern.—Gross earnings
1877, $273,652,
net. $143,731.
Stock is $1,501,000.
Utica & Black River.—Gross receipts 1S76-7,
$153,576; expenses, $233,566; net earnings. $220,010.
(V. 22, p. 207; V. 26, p. 141; V. 27, p. 124.)
•
November
KAILROAD STOCKS AND BONDS.
30, 1878.]
Subscribers will confer
a
great favor by giving Immediate notice of auy error discovered in these
Tables.
DESCRIPTION.
Miles
For
98
73
Bonds, guaranteed by Vermont Central
Missisquoi Railroad bonds
Vermont Central— 1st mortgage, consolidated
2d mortgage, consolidated..
Equipment loans
Stanstead, S. & Cliambly bonds
Income and extension bonds (to pay fioat’g debt).
....
....
....
....
....
....
140
140
140
140
—
....
Wabash—Stock
1st mortgage (Toledo A Illinois)
1st mortgage (Lake Erie, Wabash A St. Louis)
1st mortgage (Great Western of 1859)
1st mortgage (Quincy A Toledo)
1st mortgage (Illiuois A Southern Iowa)
*id mortgage (Toledo A Wabash)
id mortgage (Wabash & Western)
2d mortgage (Great Western of 1859)
Consol, mort., (on all but Decatur A E. St. L.)
1st mortgage, (Decatur & East St. Louis)
Funded debt bonds and scrip ($943,950 at 7)
Wari'en (N.J.)—Stock
2d mortgage
1
1st consol, mortgage
649
do
....
....
by Camden A Amboy..
consolidated
Western & Atlantic (Ga)— Income bonds
Western {Ala.)—1st mortgage (Mont. & W. P.)
Western RR. bonds, before consolidation
2d mort.. guar, by Cent, of Ga. and Ga. RR. & B. Co.
Western Marylana—isc mort., endorsed Balt. City..
1st mortgage, unendorsed
2d
do
endorsed by Baltimore
2d
endorsed by Washington County ..
do
2d preferred mortgage, unendorsed
3d mortgage, guaranteed by Baltimore
4th
do
lor Baltimore City stock
•
Western Pennsylvania—1st mortgage
1st mortgage, Pittsburg Branch
General mortgage
Williamston <£• Tarhoro—1st mortgage
Wilmington, Columbia cb Augusta—1st mortgage...
Income bonds
do
Sinking fund bonds, gold
Wisconsin Central—1st mortgage, gold, land grant.
Worcester & Nashua—Stock
Bonds ($125,000 are 7 per cents)
Bonds
Bonds
Nashua
Rochester—Stock
do
do
1st in., guar,
Vermont & Canada.—Under lease to Vermont
Central. (V. 24, p. 421, 566; V. 25, p. 476, 641.)
Vermont Centra1.—In 1872 the Company went to
default on interest, and has since been in numerous
complications. A new corporation under the name
of Central Vermont was formed, with $2,000,0^0
paid-up capital, and assumed obligations of the old
Foreclosure pending on 2d mort¬
(V. 22, p. 110, 589; V. 23, p. 40, 370, 623; V.
413, 566; V. 25, p. 431.)
Outstanding
$100
$4,000,000
3,000,000
1,500,000
500,000
3,000,000
1,500,000
1,500,000
444,100
1,508,600
2,860,000
550,000
200,000
150,000
703,500
850,000
145,000
1,180,600
217,400
16,000,000
900,000
2,500,000
....
100
100 Ac.
500
1,000
500 Ac.
1,000
1,000
100 Ac.
100 &e.
....
....
1853
1853
1863
1865
1862
1,000
1,000
1,000
1,000
1,000
1858
1858
1859
250 Ac.
100 &c.
....
100
....
....
100
....
....
....
1867
1873
1871
336
65*2
....
....
....
...
500 Ac.
....
27
1871
128
60
38
....
1861
1866
1869
500,000
300,000
1,000,000
1,500,000
2,500,000
2,610,000
2,700,000
3,015,950
1,800,000
750,000
600,000
2,692,539
1,200,000
654,000
700,000
578,859
1,650,000
1,500,000
526,500
821,300
1,100,000
1,359,750
400,000
1,000,000
1,000,000
500,000
782,000
750,000
600,000
1,200,000
200,000
400,000
300,000
300,000
600,000
875,000
1,000,000
800,000
1,000,000
1,200,000
350,000
3,200.000
600,000
1,456,200
648,700
221,400
749,000
8,250,000
1,789,800
350,000
250,000
400,000
1,185,000
700,000
....
1855
1870
1875
1871
1855
1858
1860
....
2,495,000
1,000
1,000
1,000
....
•
....
....
100 <fec.
50
500 Ac.
500 Ac.
500 &c.
....
138
1873
1866
1868
1870
1858
116
44
160
90
90
90
90
90
90
90
57
28
1,000
....
.
.
.
.
«...
....
....
1867
....
....
1868
1870
1872
1863
1865
....
,.
1870
1870
188
..
500 Ac.
100 <fec.
....
....
500 Ac.
....
179
179
....
....
....
.
1,000
....
4
....
100
....
325
94
48
48
(for $700,0001
Valley (7c.).—This road was built chiefly by sub¬
scription of Balt. & Ohio RR., Baltimore city, and
Virginia counties. Operation of the road by Balti¬
more & Ohio was discontinued, and temporary lease
made to Shenandoah Valley Railroad. (V. 20, p. 10,
453; V. 21, p. 396; V. 22, p. 463, 559, 591, 607.)
p.
•
....
....
Utica Chenango & Susquehanna Valley.—Road is
leased to Del Lack. & West. Railroad at 6 per cent
per annum on stock.
24,
»
18
18
18
310
1871
....
....
....
100
....
....
-
gage.
•
....
Wilmington <£ Weldon—Stock
Sterling bonds
Vermort Central.
•
Amount
Value.
1867
1869
63
41
Cape May A Millville
do
75
167
180
33
29
75
167
180
490
109
—
Washington City, Va. Mid. <£ Gt. Southern—Stock...
2d mortgage, O. A A. RR
1st and 3d mortgage, O. & A. RR
4th mortgage, O. A A. RR
;
Funded interest, O. & A. RR
1st mortgage, O., J* A M. RR
Gen. mold., gold, Wash. C., Va. Mid. & Gt. Soutli’n
Lynchburg & Danville, 1st mort., guar., coup
Westchester & Philadelphia—Preferred stock
1st mortgage, new
mortgage loan
1865
1869
1872
1866
1866
1866
1866
1871
....
Special loan, funding mortgage
West Jersey—Stock
Loan of 1883, guaranteed
....
77
80
2d series (blue endorsed)
3d
do (black endorsed)
4th do (not endorsed)
or
Par
1871
500 Ac.
1871
500 Ac.
1866
100 &c.
1866
100 Ac.
1866-9 500 &c.
1867
100 Ac.
1872
1,000
80
Vicksburg <£• Meridian—1st series (red endorsed)
INTEREST OR DIVIDENDS.
Size,
....
....
Vermont <£ Massachusetts—Stock
1st mortgage (sinking fund $7,000 per year)
Convertible bonds
do
do
1st
1st
Date
of
explanation of column headings, Ac., see notes
of
at the head of first page of tables.
Road. Bonds.
TJtica Chenango <£ Susquehanna Valley—Stock
Vermont & Canada—Stock
r
....
....
1873
1875
....
....
1874
64, 89; V. 26. p.
.
.
.
....
500 &c.
Rate per When
Cent.
Payable
3
4
8
7
7
7
8
7
8
3
6
7
7
7
77
7
8
'
Vermont & Massachusetts.—This road is leased to
the Fitchburg
RR. Co. for 999 years, from Jan. 1,
1874, for interest on the debt and 5 per cent on stock
and 6 per cent for the remainder of the
lease, exclusive of all taxes.
till 18S0,
Vicksburg tfe Meridian.—"Net earnings 1877-8,
$123,364. The only coupons paid since April, 1876,
those
maturing Jan., 1878, and the special loan
coupons of Jan., 1877.
(V. 27,
p.
67-)
Wabash—This is the Toledo Wabash & Western
re-organized after the sale, June 10, 1876, under
consolidated gold mortgage of 1873. New litigation
commenced iu May, 1878. There is a debt of $560,000 due the Equipment Company, payable $56,000
per year. The “Seney” mort. included in funded
debt bonds is for $1,000,000, payable $200,000 per
year. Operations for 1877 showed *4.585,914 gross
earnings, and net earnings of $1,060,398. (Y, 25, p,
M.
J.
J.
J.
M.
J.
M.
J.
M.
A.
J.
J.
J.
J.
J.
J.
A.
J.
....
7
7
7
7
7
7
7
7
7
7
3 A 7
3*2
7
7
©
©
6
6 A 8
8
4
7
3
6
6
7
7
10
Dividend.
N. Y., D. L. A W. RR.
D. Boston, E. Blake A Co.
J. Boston,Nat.Bk.of Redm
J. Boston, Globe Nat. Bk.
N. Boston,Nat.Bk of Redm
D.
do
do
N.
do
do
J.
do
do
N.
do
do O.
Boston, Office.
J.
do
do
J.
do
do
J.
do
do
J. Phila , Girard Nat. B’k.
J.
do
do
J. Phila., Girard Nat. B’k.
O.
do
do
J.
do
do
A A. N.
& A.
& A.
& N.
A A.
& N.
A N.
A N.
Nov. 1, 1878
June 1, 1872
July 1, 1891
Jan. 1, 1891
Nov. 1, 188G
1891
1876 to 1889
Jan. 1, 1887
1902
Oct. 7, 1878
Julj' 1, 1883
July 1, 1879
July 1. 1885
Jan. 1, 1890
Jan. ,1, 1890
Jan. 1, 1890
Jan. 1, 1890
1880
Y., Metropolitan B’k.
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
Aug. 1, 1890
Aug. 1, 1890
Aug., 1888
Nov. 1, 1890
Aug. 1, 1882:
Nov. 1. 187a
Nov. 1, 1878
May 1, 1893
Feb., 1907
Aug., 1889
....
A. A O.
A. A O.
M. A S.
N.Y., Del., L. A W. RR.
do
do
do
do
April, 1878
1900
1905
....
J. A J.
M. A N.
M. A S.
.
J.
M.
A.
J.
M.
J.
A.
Balt., R. Garrett A Sons
do
do
do
do
Jan. 1, 1875
May 1, 1873
Sept. 1, 1880
.
A
A
A
A
A
A
A
A
A
J.
N.
O.
J.
O.
A.
S.
J.
Balt., R. Garrett A Sons
do
do
do
do
May 1, 1903
April 1, 1896
Philadelphia, Office.
July 10, 1878
do
do
April 1, 1891
Phila.—Pa.RRCo. Office Aug. 15, 1877
do
do
Mch., 1883
do
do
Jan., 1896
0.
do
do
Oct., 1890
-
....
Q-J.
J.
A.
A.
J.
J.
J.
J.
J.
J.
J.
A.
J.
A.
M.
J.
8
8
8
6
6
6
6
6
6
6
6
6
7
8
7
....
Atlanta, Co.’s Office.
A J. New York A Savannah.
A O.
do
do
A O.
do
do
A J. Balt., N. Mechanics’ B’k
A J.
do
do
A J.
do
do
A J.
Hagerstown.
A J. Balt., N. Mechanics’ B’k
A J.
do
do
A J.
do
do
A O.
Philadelphia, Office.
A J.
do
do
A O.
do
do
A N. New York, J. M Pickrell
A D. Balt., Safe Deposit Co.
Oct. ’79 to ’91
July, ’78 A ’81
Oct, 1,
Oct. 1,
Jan. 1,
Jan. 1,
1888
1890
1890
1890
Jan., 1890
Jan., 1890
Jan., 1895
Jan., 1900
Jan., 1902
April 1, 1893
Jan. 1, 1896
Oct. 1, 1901
May 1, 1900
June, 1900
....
3
6
7
7
7
2
&
&
&
&
A
&
&
N.
F. A A.
A.
F.
•
&
&
Whom.
Q.-F.
....
7
7 g.
A
A
&
A
A
&
&
&
&
Bonds—Princi¬
pal, When Due
Where Payable, and by
Stocks—Vast
....
F.
F.
F.
M.
F.
M.
M.
M.
©
g.
g.
g.
g.
6 & 7
7
7
3
6
2 1 5 445, 471, 496, 524, 549, 592’
,
626; V. 27, p. 17, 68, 437, 515, 540.)
Warren (N. J.).—Leased to Delaware, Lackawanna
& Western at 7 per cent on stock and bonds. Net
earnings in 1875, $241,056.
J.
J.
M.
J.
J.
J.
A D.
A J.
London.
A N.
do
A J. N. Y., Nat. B’k
Republic
A J.
Boston, Office.
A J.
Worcester, Office.
Various
do
do
A. A 0. Bost., Globe Nat. Bank.
F. A A.
do
do
A. A O.
Worceste-, Office.
A. A O. Bost., Globe Nat. Bank.
*
1881
"
1886
1896
July 1, 1901
July 1, 1876.
1881 & 1887
April 1, 1893
Feb. 1, 1895
April, 1878
April 1, 1894
payment was made of coupons due July,
and January, 1874, in
January, 1877. The July
interest on unendorsed bonds was
1873
1877,
not paid till
January, 1878. Annual report for last fiscal year, to
September 30, 1878. showed gross receipts, $347,201;
expenses, $217,275; net receipts, $129,926. (V. 25*
p. 41, 298, 406; V. 26, p. 84, 471; V.
27, p. 406.)
Washington City, Virginia Midland & Great South¬
earnings year ending Sept. 30, 1875,
Western Pennsylvania.—The
Pennsylvania RR.,
$1,033,980; expenses, $672,367; net earnings, $401,
lessee, owns $972,650 stock out of the total amount
The company has been assisted by Balt. & O.
612.
of $1,022,450, $148,000 of branch
The 1st and 3d mortgages, placed together, were
bonds, and all of
originally $400,000 1st 6s, and $600,000 3d 8s, $1,200,000 general mortgage bonds; net earnings
1876,
$225,498.
(V. 22, p. 206.)
some of which have been
exchanged for general
mortgage bonds, but are deposited in escrow only.
The president, Mr. John S. Barbour, was
Williamston <fe Tarhoro.—Road in
appointed
progress. No
receiver in July, 1876. Interest in default, but re¬ recent financial information.
ern.— Gross
ceiver ordered to make certain payments.
p. 550; V. 27, p. 332, 437.)
(V. 23,
Wilmington
earnings
Westchester <& Philadelphia.—Gross earnings, 1876’77, $332,274; net, $112,964. (V. 22, p. 304; V. 24,
p. 62; V. 26, p. 116.)
•
were
xxix
West Jersey.—Gross earnings, 1877, $595,025: ex¬
penses, $391,430; net, $203,594.
Net profit above
interest and
26, p. 263.)
rentals, $10,358.
(V. 24,
d.
249; V.
Western & Atlantic—This road is owned by State
of-Georgia, and leased at $300,000 per annum..
Lessees have issued the income bonds. (V. 22, d.
130.)
were
Columbia
of indebtedness for
368,393; V. 27,
&
Augusta.—In 1875-6
There are certificates
$336,000. (V. 22, p. 15; V. 26. p.
$116,633 net.
p.
’
68,438.)
’
P‘
Wilmington dt Weldon.—Formerly leased to Wil¬
mington, Columbia & Augusta road, but in Dec
1877, default was made by lessee and property
reverted. (V. 22, p. 16; V. 26, p.
68, 420, 496.)
*
Wisconsin Central.—Defaulted July,
funded 9 coupons. Afterwards built a
1875, and
considerable
length of road. In year ending Sept. 30,1876, gross
earnings were $709,935; expenses, $412,201; net
earnings, $297,733.
Paid rent of Mil. & North*
RR., leased, $167,404. Land grant is over
800,000 acres. The Philips & Colby Construction
Company operating this road became embarrassed
in Dec. 1877. Foreclosure suit begun
September
1878, (V. 23, p. 478; V. 26, p. 18; V.
27, p. 358,’
era
Western Alabama— Sold in foreclosure, April 19,
1875, and bought by Central Ga. and Georgia Rail¬
roads, for whose account it is operated. (V. 20, p.
398, 405,445; V. 25, p. 456.)
Western Maryland.—This company was
375j 4oU#/
largely
as¬
sisted by the city of Baltimore, which has also
Worcester & Nashua.—Guarantees the stock
bought its overdue coupons. The bonds remain¬ bonds of Nashua & Rochester, leased. For and
year
ing in default for interest to their holders were ending September 30, 1878, net
income was
the second preferred unendorsed, and on
those mm (Y. *5, P. 430; Y. 27, p. 537.)
,
XXX
CANAL STOCKS AND
Subscribers will couf'ar
a
great favor by
giving Immediate
BONDS
notice of any error
DESCRIPTION.
^For explanation of column
at tlie bead of
headings, &c.,
lirst
see
page or tables.
Miles
Date
of
of
notes
Hudson—Stock
•
'
..
loan, g. ($2,310,000 assumedC. EH. of N. J.)i
j
Loan extension, convertible till
December, 1877.:
Consolidated mortgage loan
j
Greenwood mortgage,
reg.
Extended, 1877
j
Moncngahcla Navigation
Co.—Stock
!
Zlor.'is—Stock, consolidated
j
Preferred stock
New mortgage (lor $1,000.000)
Boat loan
Preferred stock scrip dividend
I
j
I
j
j
Pennsylvania—Stock
General mortg., interest guar’d
by Penn. EE
Schuylkill Navigation— Stock,
Preferred stock
common
Mortgage bonds,
coup,
Boat and
Boat and
ear
car
•
6
8,229,594
2,000,000
4,375,000
1,699,500
1,633,350
800,000
20,000,000
1,482,000
6
5
6
4
6
4
7
....
....
....
83
103
103
103
103
....
*
1,000
5,381,963
1,000
1,000
1,000
1,000
2,000,000
.
.*.
.
....
1872
1871
1S72
i
mort
7.
Chesapeake A Delaware.—Delaware City to Chesa¬
peake City, Md. (V. 27. p. 66).
Chesapeake d: Ohm —Gross receipts, 1875,1473,210;
net, $251,175. Paid on bonds, $2i3,940. (V. 24, p.
various.
various.
.
.
....
....
....
....
45
....
....
85
220,000
103,164
6
....
1,000
1,000
1,000
50
....
1841-4
....
....
6
■:
do
Balt., A.-Brown
do
do
&
J.
F. & A.
F. & A.
do
do
do
do
do
do
do
do
Q. —M_
& J.
& N.
& N.
& N.
6
J.
J.
J.
J.
& J.
& J.
Philadelphia, Office.
Philadelphia, Office.
do
7
6
April, 18 4, to Lehigh Valley Rail¬
The lessees assume bonds and
&
&
J.
J.
M. <fc N.
Slocks—Lastl
Dividend.
|June, 1873
"July, 1886J
1870
1890
1885
Feb. 4, 1878
July 1, 1898
Aug. 1, 1876
Nov. 1, 1891
1884
1891
1894
1917
Sept. 2, 1876
1894
1884
1897
1897
’79-
80-’81-"82
1382
1892
Aug. 4, 1878
Aug. 4, 1878
April 1, 1906
Oct., 1885
Feb., 1889
July. 1910
Aug. 25, 1878
Aug. 25, 1878
do
do
do
do
do
do
do
do
do
do
May, 1880
May, 1913
May, 1915
do
do
do
.
6
6
Bonds—Peine i
pal, When Due
& Sons
Philadelphia, Office.
J.
& J.
Lehigh Coal & Navigation.—Gross receipts in 1877,
expenses and int., $1,189,321; excess of
the latter, $19,4,655.
The Central JR.R. of N. J.
assumes (in purchase of
tquipment), $2,310,000 of
the gold loan due
1897, and leases the Lehigh &
Susquehanna Railroad.
The Lehigh & WilkesBarre Coal Co. assumes $500,000 of the
gold loan
due
999 years.
Q-J.
Q-F.
J.
M.
M.
M.
$994,6t)5;
i road for
S.
6
6
6
7
369.)
Dela ware Div.—Leased to
Leli'gh Coal & Naviga¬
tion Co., at interest on bonds, and 8
per cent a year
on stock.
1897, and $771,000 (all) of the convertible
Del. dfc Hudson Canal.—'This Co., which is
gold
among I loan due 1894, and bas also leased tbe coal lands
"the largest miners and carriers of coal, leases the Alb. I of the
company.
(V.
22, p. 219; V. 24, p. 2 47,
& Susq. and Renss.
Sar. Railroads. Also endorses 445; V.
'•
j
25, p. 432.)
bonds of N. Y. <fc Canada RR. The annual
report for J
Monongahela Navigation Company.— Receipts,
1871 is given in V. 26, p. 208 and p 242; and com;
-mittee’s report, V. 2% p. 161.
(V. 24. p. 179, 227, j 1875, $196,576; expenses, $80,4S7; dividends, $90,387.
444; V. 25, p. 161. b!5: V. 26, p. 208, 242, 495 564, !
Morris.— Leased
574,599.)
Q-M.
M. &
1,200,000
260,000
756,650
628,100
2,002,746
1,000,000
1,320,000
325,310
250,000
do
.
J.
3.000.000
Philadelphia, Office.
London.
J. & J. Balt., A. Brown & Sons.
F. & A.
Philadelphia, Office.
J. & J.
do
do
F. & A. N. Y., Bk. of
Commerce.
M. & N.
do
do
J. & J.
do
do
J. <fc J.
do
do
A. & O. N. Y.. oftip.p. 71 B’wav
M. & S.
do
do
6
.*.
.
Q- J.
Q-J.
3,990,392
....
.
& D.
& J.
J.
4,480,405
1,709,380
J.
J.
7
7
7
70c.
$1 40
.
....
1,004,300
1,025,000
1,175,000
780,000
909,236
3,175,900
1839
1859
1872
41,550
3,000,000
1,000
1,000
Where Payable, and by
Payable
Whom.
do
& D.
do
J. & D.
do
J. & D.
do
J. & D.
do
F. & A.
do
J. & J.
Pittsburg, Office.
F. & A. Leh.Val. RR.Co., Pliila
F. & A.
do
do
A. & 0.
do
do
A. A O.
do
do
F. & A.
do
do
50
50
....
1870
1863
1864
4,658,500
508,520
1,000
.
....
....
....
1
100
1,000
50
....
....
priority b’ds..
50
100
....
1870
6 g.
6
6
6 g.
6
6
7
7
4
2
5
'717,000
....
108
lk2
771,000
1,369,259
....
1876
1865
1869
7
7
7
7
ii,193,550
....
327
....
!
j
50
3
3,500,000
1,000
327
....
loan
1,000
1000&C.
When
Cent.
6,434,000
4,750,000
....
....
....
-
1,000
1,000
....
....
'
loan
....
1869
1871
....
I
100
....
153
-
1,000
....
1874
1877
_
50
1858
148
148
-
....
....
....
....
....
....
;
j
Susquehanna—Stock
Maryland loan, 2d mortgage...:Susquehamia Canal, common bonds, 3d
$2,078,038
1,993,750
•
•
(payable by P. & R.)
do
pref., 3d. T. W.
do
bonds of 1872
77n?on—1st mortgage
•
j
j
1st mortgage, extended
2d mortgage
Improvement bonds
.
60
60
148
conv., coup., gold (assumed L. it W. Coal Co)
1st mortgage, registered
j
1st mortgage, registered, railroad
Loan
.
....
Loan,
•
;
.
Lehigh Coal (£• Navigation—Stock
t.
$50
Vario’s
discovered In tltese Tables,
INTEREST OR DIVIDENDS.
Rate per
Outstanding
25
1st mortgage extended
;
1st mortgage, registered
do
do
Debenture loan of 1894, coup and
reg
1st M., couj).
reg., on Penn. Div. ($10,000,00 J)
Mol
1856
Amount
Value.
14
14
Maryland loan, sinking fund
Guaranteed sterling loan
Bonds having next preference
■Delaware Division— Stock
1st mortgage (extended 20 years in
1878)
<£•
or
Par
Canal. Bonds.
Chesapeake <& Delaware—Stock
let mortgage (originally
$2,800,000)
Chesapeake <£ Ohio— Stock
Delaware
Size,
[VOL. XXVII,
Pliila. and Baltimore.
do
' do
do
do
do
do
Philadelphia, Office.
March, 1897
1882 to 1907
1895
Jam,
i885
Jan. 1, 1878
Jam, 1894
Jan., 1902
May 1, 1883
scrip, and pay 10 per cent per annum on preferred
stock, and 4 on consolidated stock. (V. 12,
p. 714).
Pennsylvania Canal.—Worked in interest of Penn.
RR. which guarantees interest on
bonds. An old
mortgage of $90,000 is due in 1887.
Schuylkill Navigcition Company.—Leased from
June 1, 1870, to Philadelphia &
Reading for 999
years, at annual rent of $655,000, including
certain
real and personal
property of
conveyed to Philadelphia
& Reading. The dividend
Aug. 22, 1877, was pay¬
able in Phil. &
Reading RR. scrip. (V. 22, p. 493;
V. 26, p.418.)
Susquehanna & Tide Water.—Leased and operated
by Philadelphia <fc Reading Railroad for interest od
bonds and half of net earnings.
Union Cana.',—Stock, $2,907,850.
November 30,
MISCELLANEOUS STOCKS
1878.]
Subscribers will .confer
a
DESCRIPTION.
Date of
Bonds.
Size
.
100
25
100
.
.
.
.
100
....
Mortgage bonds (for $2,800,000)
1874
Company—Stock
Sterling bonds (sir.k.f’d one-fifth of land sales)
Mortgage bonds, gold, sixes (for $2,500,000).
Un. RR., 1st M., end. (s. f., rents oil
$220,163)
do 2dM.,g.,eud.,(8.f.
gr’ndr’nts on$144,800)
Consolidation Coal of Maryland—Stock
1st mortgage (convertible)
1st mortgage,
consolidated, convertible
1,000
25
....
1873
1874
£200
1,000
....
500 &c.
....
500 &c.
100
....
Cumberland Coal and Iron—1st mortgage
do
do
2d mortgage..
Cumberland Coal <4 Iron Company—Stock.....
Dunleith <£
Dubuque Bridge—Bonds sink. fund.
Illinois <£ St. Louis Bridge— 1st
M., coup., s. f...
2d mortgage, coupon..
3d mortgage, coupon
4th mortgage
St. Louis Tunnel RR.—1st
mort., sterling, 3. f.
do
do
2d mortgage
Iowa RR. Land Co.—Stock
Mariposa Land <£ Joining Company—Stock.....
Preferred stock
..
18(34
1872
1852
1,000
18(39
1,000
1,000
....
100
....
1868
1871
1871
1874
1875
1873
1875
;j
.
.
1,000
1,000
1,000
1,000
1,000
£200
....
100
.
1875
Maryland Coal—Stock
✓
Mining— Stock
100
100
50
...
1st mortgage bonds
1861
Pennsylvania Anthracite Coal—Stock
1st mortgage (east side) bonds on 1,053
acres
1st mort. (west side) on 400 acres & 550
leased
Prod ucers' Consolidated Vd A Petroleum- Stock
Pullman Palace Car— Stock
....
1872
1872
....
....
1,000
1,000
Bonds, 2d series
Bonds, 3d series
Bonds, 4th series
Bonds, debenture
_
1878
1875
convertible
Quicksilver Mining Company—Common stock..
....
Preferred stock
Mortgage bonds, gold
.
Spr'g Mountain Coal—Stock,guar.7 p.c.by L.V.
United Stales Express—Stock.
United States Rolling Stock—Stock
Wells, Fargo d- Company Express—Stock
.
American Coed.—'The report for 1876 showed
gross
'eceipts, $531,333; net, $25,399.
24, p. 248.)
(V. 22,
p.
180; V.
Atlantic dt Pacific
Telegraph.—Pools with West¬
Union their gross receipts on the basis of
87X
to the W.U. and 12)£ per cent to A. & P.
Expenses
were arranged at 13M4>£ per cent to Atl. & Pac.
and 86*85*/£ to Western Union.
(V. 25, p. 16, 115,
ern
188, 355, 374 433, 591; V. *6,
V. 27, p. 28‘J.)
.
Boston
p. 396.
121.)
p.
3 4, 136, 469, 521;
Water Power Co— Annual report in V. 24.
(V. 23, p. 183; V. 24, p. 111. 396; Y. 27, p.
.
25
50
.....
100
....
...
1872
1875
1875
1,000
1,000
£100&c
Coal— Annual report for 1877in Y.
& D.
J.
*<fc ' J.
J.
J.
M.
M.
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
dend.
N. Y., Company’s Office.
N. Y., Company’s Office.
New York, Office.
New York.
Sept. 1, 1878
Jan.
J.
J.
F.
A.
M.
g.
g.
g.
g.
A.
J.
M.
J.
J.
J.
J.
J.
N.
S.
do
J.
Loudon, Brown, S. & Co
New York
or
London.
J.
Lond., J. S.Morgan & Co.
Q.-F.
1879
1, 1904
Jan.
1,
1904
1900
N.Y.,Co.’s Office, 71 B’y.
do
do
do
do
do
do
do
do
New York, Office.
N. Y., at Ill. Cent. RR.
New York and London.
do
do
do
do
St. Louis.
J.
Jan.
London.
J.
J.
A.
O.
N.
O.
J.
S.
J.
1.
Sept. 10, 1877
Sept. 30, 1878
Nov. 12, 1872
June, 1884
Boston, Office.
....
J.
J.
■
.
Jan.
2, 1877'
Jan., 1885
Jan.
1, 1897'
1879
Feb., 1879
Oct. 15, 1875-
Nov., 1893
1900
July 1, 1901
Mar. 1, 1886
Jan.
St. Louis.
Boston, Treas.’ Office.
i,
1888
Nov. 1, 1878,
3
3
7
2,000,000
1,000,000
500,000
New York.
St. Louis.
Q.-F.
218,000
N.
F. & A.
J.
J.
"&
D.
& D.
Q.-J.
Q.-F.
M. & N.
N.
A. & -0.
A. & O.
7 s.
J.
2*2
3*2
A. & O.
J. & D.
2
2 g.
4
M. & S.
J. & J.
Y., 4th National Bk.
Junei,1892
York, Office.
do
do
do
-do
do
do
do
do
1876
June 1, 1892;
1877
Nov. 15, 187 a
N.Y., FarmL. &T. Co.
Q.-F.
7
7 g.
do
New
i, i886
31,
Sept., 1869
Aug. 1, 1878
Aug. 1, 1881
Y.,111 Broadway.
do
F. & A.
8
1,000,000
Jan.
Jan.
....
7
7
6
2
8
8
298,000
432,000
816,000
-
May 15, 1881
Feb. 15, 1887
Aug. 15, 1892
Oct. 15, 1888
.
London, J. S. Morgan & Co.
April 1,188a
■
1,373,000
3,920,000
981,234
$135,000 Un. Mining Co. bonds.
248; V. 26, p. 262.)
& J.
....
....
5,000,000
481,500
5,708,700
4,291,300
275,000
948,000
1,500,000
7,000,000
5,000,000
5,000,000
35,084,975
J.
1*2
(V. 24,
&J.
....
1*2
Q.-J.
7 g.
rr
M. & N.
M. & N.
M. & S.
4
6 g.
p.
181, 226,
N.
Y., Company’s Office.
N.Y., West. Union Tel.
N. Y., Company’s Office.
Illinois dt SI. Lows Bndge.—Net
income, 1876-77,
1877-78, $219,598
Tne railroad and
tunnel were sold under the
mortgage of 1873,
July 1, 1878, for $150,000. A decree foreclosure
under the first and second
mortgages on the Bridge
was made in November, the
sale to take place
Dec. 20, 18i*8. (V. 26, p. 420,
524; V. 27, p. 17, 227,
435, 461.)
Iowa Railroad Land Co.—This
company manages
the land grants of five distinct organizations. The
total lam owned was 530,217 acres, March 31,1877.
In 1876-7, 84,032 acres were sold for
$576,816, and
601 town lots for $62,962.
The cash coliec ions
(V. 26,
Mariposa Land & Mining Co.— Assessments made
the shares from time to time. (V. 23,
p. 112, 329;
V. 24, p. 128; V. 25, p. 358; Y. 26, p. 290.)
1879
Oct., 1878
Dec. 10, 1878
Nov. 15, 1876
Sept. 1, 1878
July 15, 1878
Oct. 15, 1878
May, 1902
New York, Office.
New York and London.
New York, Office.
New York, Office.
N. Y., Union Trust Co.
N. Y., Treasurer’s Office
Loudon, Morton, R.&Co
May, 1900
March 1, 1900,
,
Pennsylvania Coal.—Liabilities
dividends
$219,777; in
$772,6t 5, and dividends 4*4 per cent.
p. 549.)
p. 262, showing gross receipts, $1,475,558; ex¬
penses, $1,246,644; net, $228,914. Consol, mortgage
bonds are held to retire old bond?. Guarantees also
bonds of the Cumberland & Penn., and assumes
£6,
.
.
were
Canton Improvement Co.—The annual lepoii for
year ending May 31, 1878, is in V. 27, p. 14.
Of the
$2,500,000 mortgage $600,000 is reserved to pay ster¬
ling loan. The Company owns the stock of the
Union Railroad Company and guarantees its bonds.
(Y. 24. p. 613; V. 27, p. 14.)
Consolidation
.
.
100
Bonds,coup or reg.,conv.till May,’85, s.f.lp.c.
Sterling bonds, coup. (s. f. lp.c. per annum)..
Adams Express Company.—A reference to the
of Dinsmore and others in V. 19, p. 270.
*.
ioo
Western Union Telegraph— Stock
Real estate bonds, gold,
sinking fund
gait
100
100
Whom.
.
20,000,000
5,938,200
iioo
....
When Due.
5,000,000
100
....
Southern <£ Atlantic Tel.—Guaranteed stcok
500,000
400,000
3,756,000
2,000,000
2,492,000
1,000,000
1,000,000
1,000,000
7,620,000
2,500,000
_.
J. & J.
M. & S.
S.
2*2
7
6
6
6
6
8
7
7
7
10
o
10
1
498,000
100
_
Q.-M.
6 g.
6 g.
6
6 g.
387,000
363,000
137,000
(?)
4,400,000
10,000,000
Stocks—Last Divi¬
Payable, and by
■
600,000
10,250,000
1,000
100
10
7
Bonds—Principal,
Where
Pay’ble
2
1*2
2*2
34
1,107,500
576,000
999,000
783,000
10,000,000
....
Pacific Mail Steamship Company—Stock
Pennsylvania Coal—Stock
sterling debenture,
XXXI
INTEREST.'
When
Rate.
18,000,000
1,500,000
15,000,000
4,000,000
1,740,000
100
100
....
Mortgage bonds (lor $500,000)
Bonds,
Amount
outstanding.
$100 $12,000,000
....
Canton Improvement
-
or
Par
Value.
Adam Express Company— Stock
American Express—Stock
American Coal (Maryland)—Stock
Atlantic <£ Pacific Telegraph- Stock
Boston Water Power
Ontario Silver
BONDS,
great favor by giving immediate notice of
any error discovered in these Tables.
For explanation of column
headings, &c., see
notes at tlio head of first
page ot tables.
*
AND
are
at a
paid.
minimum and
Pennsylvania Anthracite Coal.—This Company’s
bonds admitted to N. Y. Stock
Board.
Feb., 1877. (Y. 24, p. 112.)
stock and
Pullman Palace
Car Company.—The
bonds of 1875, of which the whole issue
is
$1,000,000,
sterling >
authorized:
are convertible
into stock from
1, 1878, r.o| April 1.1S81. Annual reports have
published as follows: V. 23, p. 402; V. 25, p.
(Y. 26, p.217; V. 27, p. 302.)
Quicksilver Mining
Company.—(V. 22,
303; V. 24, p. 507; V. 25, p
228.)
p.
April
beem
308.
233,
15, 358; V. 27,
p.
Spring Mountain Coal Company.—This is guar¬
year till 1885 by Lehigh
Valley RR.
anteed 7 per cent per
on
United States Express.—New stock of
$1,000,000
issued.
Maryland Coal—Balance sheet, Y. 24, p. 226;
V. 26, p. 95.
Pacific Mail Steamship Co.—A. reference to the
following is necessary to get definite infor¬
mation.
(V. 26, p. 217, 523, 547,625, 653; V. 27, p.
pages
68, 229, 384.)
(V. 22, p. 159; Y. 23, p. 87.)
United States
p.
289.
Rolling Stock Co.—See report V. 26,
Western Union Telegraph.—The company hold*;
about $6,000,000 of its own stock,
making the
total $41,073,410. (V. 26, p. 135,
266, 304, 592, 626:
Y. 27, p. 274, 381, 454.)
rxxli
INVESTORS’ SUPPLEMENT.
R.
A.
LANCASTER
Bankers
66
[Voi,. XXVII.
and.
&
CO.,
Brokers,
BROADWAY, NEW YORK,
DEALERS
FIRST-CLASS
IN
INVESTMENT SECURITIES.
GOVERNMENT
BONDS,
State, City, County, Railroad and Miscellaneous Securities
BOUGHT
VIRGINIA
AND
SOLD
ON
COMMISSION.
TAX-REOEIVABLE COUPONS BOUGHT
SOUTHERN
SECURITIES
LOANS
QUOTATIONS
ARE
A
1
AS
Called
do
coupon
new issue. 1865
5-2 8. coupon, new issue, 1865
5-!( s,
do
10 5% 103%
registered, 1867
Os, r-. gisti red, 1SS1
5s, coupon. ibSl
4%s, registered 1S91
4%s, coupon, 1891
4s, registered, 1907
...
4s, coupon, 1907
State Securities.
Alabama—New c )nso!s, A
New consols, 5s. B
43
72
C
7s, railroads
1evepm
4%
1833-S4
'Georgia—6s, 1379-80-86..
7s, new, 1886
6s
.
7s, endorsed. l8Si
.
Richmond, Va —6s
Savannah, Ga.—7s, old
1(3
'103
Louisiana—Consol.,7s,
; 76%
6s,
6s,
6s,
6“,
-
.
-
do
do
do
do
1886
1887
1888
1689
__
1914....
Asylum
or
Funding,
1S90
8
1102%
Atlantic &
1st. 7s
70
105%
65
1<6
35
95
100
Atlantic Tennessee & Ohio, 1st, Ss,
gold
Baltimore & Ohio-Stock
M&N 86
6s, 1880
J&J 102
103
Guif—'"onsols,
1st, 7s, 1897..
Consols, 1st, 7s, U97, end. by Savann'h
! 105% 106%
il05
109
mo
1392
103
120
Alabama &
103%
University, due
98
95
106
..
mo
f-.
105
due 1891-95
6s, 1885
88
A&O 105
Burlington C. R. & N., 1st, 5s, 1906. J&D 71%
Carolina
Joseph, due 7836
72*
'
.
•
dor
do
c’ass 2
class 3
«hio—Gs, 1881
!
!
&
1%
l y2
2% !
7s, guaranteed
2%! Houston & Great Northern. 1st, 7s
; 105 * 107 ; Houston & Texas
Central, 1st, 7s, g..J&J
mo
Iowa Falls & Sioux
City, 1st, 7s
1112
6s, 1886
RUoode Island Cs, coupon, 1693-94
SOnth Carolina—Consol.,
6s, approved... 60
Consol., 6s, doubtful
J 65
Tennessee Gs, old. 1690-2-8
' 31
(vi.
ne«-
1RO >.93.1900
Columbia—1st, 7s
j eq
82
75
Kansas Pacific
Louisville &
Nashville—Consol., 1st, 7s
Consol., 2d, 7s, gold
35%; Macon & Augusta, 1st, 7s, 18S7
J&J
.3:
; Macon &
Brunswick, 1st. 7s.’83, end..J&J
34
61
94
90
37
65
96
90
110
85
70
50
20
101
100
110
60
108
95
93
107
95*
19
105
73
94
84
40
20
45
ia3
35
98
Consol., 6s, gold, 19.6
M&N
Piedmont RR., 1st, 8s
105
99
Richmond Fredericks!). & Pot.—6s..J& J 85
7s
J&J 98%
Richmond & Danville, 1st, Os
80
'..M&N 77
Richmond & Petersburg, 1st. 8s
ICO
Savannah & Charleston, 1st. 7s
Savannah & Memphis—1st, 8s
I
1st, 7s
'
Seaboard & Roanoke, 1st, 7s, 1890..F&A.
Selma & Gulf, 1st. 8s
South Carolina RR., 1st. 7s
$7
93
South Georgia & Florida—1st,
7s. M&N
..
40
Central, 1st, 6s, gold, 1923..J&J 35
40
1101% ; lr,5
Central Georgia, consol, mortgage, 7s.
103
107
co
due 1887
il05
Chari. Columbia & Aug.—1st,
90
North Carolina—6s, old, 188i 98. ...J&J 1104%
consols, 7s 85
2d mortgage
16% : 17% !
50
60
6s, old. 1885-93
A&Oi 16% 17% I i Cheraw & Darlington,
It <2
8s
No. Carolina RR., 1883-4-5
J&Ji 80
&
Chesapeake
Ohio, 1st 6s
27
29*
do
do
A&Oi 60
Denver & Rio Grande, 1st, 7s
do
84% 85
do
coup. off. J A:J 60
East Tennessee & Georgia,
90
do
6s
95
do
*•
do A&O 60
East Tennessee &
Virginia, 6s, endorsed 95 100
Funding Act, 1866-1900
!
East
9%
Tennessee Virginia & Ga., 1st, 7s
100
do
102
1
7868-98
Flint & Pere Marquette, 8s.
9%
New bonds, 1892-9S
90
land.grant.. 85
'll
9
J&J
Georgia
RR.—7s
103
do
106
do
A&O: 9
6s
96
ICO
Special tax, class 1. 1898-S9
j 2
2%1 Greenville
Hannibal & St.
A&O 101
J&J 94
new preferred stock...
IS
Ohio &
104
Mississippi—1st, 7s
2dr7s
71
Orange & Alexandria—1st, 6s
M&N 87
2d, 6s
.....J & J 76
3d, 8s
M&N 35
4th, 8 s
M&S 12
Orange Alexandria. & Man., 7s
J&J 43
Petersburg RR.—1st, 8s, 1879-93
J&J ICO
2d. 8s, 1902
J&J 30
Pittsburg & Connells^.— 1st, 7s,’98..J&J 95
..v.
Railroad Ronds.
Chattanooga, 1st, 8s
Atchison & Pike’s Peak, 6s, gold
55
Atlanta & Charlotte Air L.—1st pref.,7s ICO
!
ho>%
.
93
...
102
6s, 1900
6s, gold 1900
Northern Pacific,
32'
8s, gold
,.!805%
...
—
-
j 103%
.!
2d, 8s
Nashville Chattanooga & St. Louis
Nashviille & Decatur, 1st, 7s
New Orleans Jackson & Gt.
No.—1st, 8s,
2d, 8s
New Orleans & Mobile—1st, 8s
50
1st, 7s
Norfolk & Petersburg—1st, 6s
104
1st, 7s.
90
2d, 8s
88
Northern Central—6s, 1885
J&J 106
Vicksburg City
Wilmington., N. C.—6s, gold
103%
.
or
7s, new
107%
small
Michigan—0s, 1878-79
6s, 1833
7s, 1890
Missouri—6s, due in 1878
£s, due in 1882 or 7883
100
SO
65
110
60
40
105
102
118
65
8s
108
1st, 8s, B
Mobile & Ohio—Sterling, Ss
Interest, 8s
100
90
8s.
109% 112
78*
97
70
6J
118
50
35
30%
Petersburg, Va.—63
5
Mississippi & Tennessee—1st, 8s, A.
...
Consol., 6s, 1892
Norfolk, Va., 6s
11%
HO
85
7
45
80
5
40
93
86
108
83
65
45
15
100
99
106
2d, 83
32
New Orleans, La.—5s, premium.
85
11
J&J
;
Memphis & L. Rock, 1st M., 1907
Mississippi Central—1st, 7s
39
97
8a..-
103
101
7s. gold, 1890..
Illinois- 6s, coupon. 1879
War loan
Kentucky 6s
Co sol, 7s
Memphis, Tenn.-—6s, 1900
Gold, 6s, 1900
Mobile, Ala.—6s
*6*
3
Stock
77
City Ronds.
Atlanta, Ga., 7s
Augusta, Ga., 7s, various
Charleston, S. C.,*7s
Columbus, Ga., 7s.
Lynchburg City, Va., 8s
Macon, Ga., 7s
45
71
48
46
22
Arkansas—6s, funded
7m
Registered
121
2d, 7s, 18 5
7Yt
77%
Columbia-^3-65s, i924....
83
Memphis & Charleston—1st, 7s,’80.M&N 98
38
deferred
District of
Small bonds
j
4-», small, coup n
bs, currency, 1S95-99
/Connecticut
6m
Bid. Ask.
Marietta & Cincinnati—Is % 7s, ’92..F&A
3d, 8s
A&O
31
55%
6s, consol., 2d series
108X
108%
11-7)4 1107%
107)4 ; 107 % i
106
11' 6% 1
105% '106
100% 104 i
!
104%
10o% 100% |
100% 100% I
100% 100%
20s, coupon, 1866
10 40s, legisteivd
10-40s, coupon
1861
ex-matured coupon
105 % :06
105% 106
ft
28
25
25
25
73
6s, consol,
myt 103%
...
•5-20s, coupon, 1867
•5-20s, regist red, 1868.
do
Bid. Ask.
Tennessee—(Continued)—
bonds, regii-tered
5-20s, registered,
•
SPECIALTY.
FOLLOWS, NOVEMBER 26:
109% !
6s. new, series, 1911
109% Virginia—6s, old
6s, new, 18^6
10)
109
SOLD.
NEGOTIATED.
Bid. Ask.
Government Securities.
6 per cent, registered, 1881
0 1 er ceiit, coupon, lt?8l
AND
I
2d,7s
South Side, Va —1st, 8s, 1884-90
i
I
2d, 6s, 1684-90
M&N
...
...:
J&J
J&J
3d, 6s, 1834-90
Southwestern, Ga., 7s
.Virginia & Tennessee, 6s
!
J&J 101
8s
Western, N. C., 1st, 7s
Wilmington Col. & Aug., 1st, 7s..J&D
Wilmington & Weld., gold,.7s, 1900.J&J
Miseellaneous
73
65
102
85
97
90
25
105
78
70
1105
96,
88
93
100
26
100
45
55
Ronds.
James River & Kanawha Canal1st; Ce,
j
:Mississippi Levee, 10per cent bonds....
2d, 6s
90*
Past-Due Coupons.
jMemphis
City
iSoutn
25
3a
iTennesste
i s*
20*
coupons
Carolina consol coupons
State coupons
coupons
tax-receivable coupons.
1'Virginia pealor
;Virginia
...
10
15
81
62
@FedFRASER