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The Investors'
SUPPLEMENT
OF THE
C
ommercial &
F
C hronicle.
inancial
GENERAL INDEX.
Page.
EDITORIAL ARTICLES—
THE USE OF CRUDE OIL IN LOCOMOTIVES
-
-
SAFETY TO EMPLOYES
INCREASED TRAFFIC AND IMPROVED APPLIANCES
AERIAL NAVIGATION
TECHNICAL MEN IN THE BUSINESS WORLD
STEAM RAILROADS
MISCELLANEOUS COMPANIES
OAS COMPANIES, (See also " Miscellaneous.")
new york and brooklyn banks new york and brooklyn trust co's - - - n. y. and brooklyn ftre insurance co's
railroad earnings, monthly
index to railroads consolidated, etc.
-
-
We
-
3
4
4
-
5
-
6
7
152
172
172
172
172
178
175
have no extra copies of this Supplement.
OotcTbeii? 19,
WILLIAM
B.
1901.
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[Entered according to Aot of Congress in the year 1901 by William B.
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the above data two important faots are appar-
evaporation or working qualities of the two fuels, by which, given the local prices
of them on board the engi e, a decision can be made
ent
Btrrpi .kment, issued quarterly, is furnished without
The Investors*
(^ HRONICLE
(a) the ratio of the
:
which fuel
as to
shall
be used, and
(b)
the
much
greater distance traversed by the oil-burning locomo-
with equal weights of fuel. Other railroad testB
have shown other important adviutages for the liquid
tive
In the year 1892 tests wem made in Pom on
the Ooya Railway. Oa this road, where heav™ grides
were combined with curve, eminently satisfactory
fuel
were obtained. The steam gauge stood between
and was very steady.
Up to a 3-per cent
'HE USE OF CRUDE OIL TV LOCOMOTIVES.
grade there was no smoke, and on a 4-per-cent grade
The discovery of the Tex*s oil fields, with their large there wa^ only occasionally a slight, hazy smoke.
ipply, brngs iuto greater prominence the advantages
H rein is a great advantage over coal. Tiie steam
icident to the use of crude oil for fuel in locomotives.
pressure can be kept steady when w^rkiug hard, siuce
Tiie use of liquid fuel in locomotives is by no means
the fuel can be fed regularly and nearly perfect comew or confined to narrow limits. Where the sapply
bustion obtained, the combustion per pound of oil
oil is sufficient, or there is no native supp'y of wood
be ng about the same for all rates of combustion.
id coa^, there the merits of liquid fuel have been
With coal the fuel is added at irregu^r intervals, and a
•cog- izcd and its use instituted to a greater or less
sharp strong exhaust is liable to tear up the fire and
egree.
Ten yea^s and more ago, its superiority to carry away small pieces of coal, sparks and red hot
Dal, weight for weight, had been established.
Mr.
cinders. Tae latter cause much damage by fire, which
»mes II olden, Locomotiv- Superintendent of the
the use of oil would eliminate.
Absence of smoke
reat Eistern Rti'way of England, stated in an ad
makes it desirable in tunnel use. This nr'ght assist
resB
before the International Railway Congress,
in the solution of the tunnel problem in one of our
lat in the 1a ter part of 1900 the Great Eistern IUUlargest cities.
ay had fifty eight engines burning liq-tid fuel, and
No terminal labor is reqnired in cleaning fires and
ie Imperial Austrian State Railway had thirty-two
removing ashes. And the la^ge, costly coal pock^ta
1-burning engines for operating the Arloerg Tunnel
would be replaced by the oil tanks from which the
>Kway.
They were also used more or less on the tenders could be cheaply fiUed with oil.
In country
Astern R.i'way of France; Paris, Lyons and Medi
districts on the Great Eastern Railway the oil is
srranean Railway, P.ris and Orleans Railway; railallowed to run by gravry from tank cars into storage
iys in the east adjo ning the great oil fields of B >rneo
tanks, from which it is pumped to the tender by the
id Java, In S^rth A'rica, P^ru and the Argentine
air-brake pump of the locomotive. These savings would,
•public.
The Southern Pacific Riilroad Company perhaps, amount to fifty cents per ton of coal con»a used fuel oil in locomotive service for several
sumed. The engine is always ready for service with
>ars and is extending its use as the supplj of such
fires always clean.
There need be no trouble with
tel increases.
From tests made in engineb of the leaks from excessive contraction when oil is tempor>me siz engaged in the same class of service, the
arily shut off or turned down.
On the Oroya Riilway
blowing comparative results of coal and California
after six months of service the fire box showed no
?troleum have been obtained from evaporative tests
signs
results
135 140
I
:
4
;
-1
of leaking or of strains.
i
locomotive service.
Petroleum.
22400
224-00
eight of ears in train, tons
tual running lime, hours
113-01
11040
755
and California shall produce cheap fuel in very great abundance, the saving
If
Goal.
lesrun
7 63
30 00
8,043 00
6 19
rerage steam pressure gauge, pounds.
133 00
unds of fuel burned
6,040-00
iter evaporated per pound of fuel
9-11
unds fuel to evaporate one pound of
water from and at 212 deg. Fahrenheit.
09124
luivalent of fuel for equal evaporation,
me pound
by measure
lies run per ton
in miles per pound
.
100
16890
tto
(gals.)
74-14
of fuel
4191
oil
wel's in Texas
our country will be extremely large.
With such reduction in
operating expenses made possible by the use of crude
petroleum, the freight rates will doubtless be lowered
and the industries of that region correspondingly
to the railroads in the southwestern pa^t of
1
01349
148
100
the
(ton.)
55 72
3 C4
benefited.
SUPPLEMENT.
INVESTORS'
efficiency in service
is
After one year cars must not be "propped"
(cars on one track pushed, by means of a pole, by an
engine on an adjoining track) except in case of absolute necessity arising from accident or other emergency. Also tow- roping (pulling of cars on one track
by an engine on an adjacent track) is forbidden, except in caseB where there is no other way to deal with
3.
AFETY TO EMPLOYES.
Maximum
[lOL. LXXI1I.
the result sought
by the managers of
all works.
This is markedly so on
where the most perfect system of operation
is demanded to insure the rapid and regular movement of trains without the sacrifice of safety. To
secure this maximum efficiency, it is necessary to have
superior men, as employes, working under the most
advantageous conditions.
One vital factor in securing the best performance
of their duties is that the undivided thought and
attention must be given to the work in hand by those
engaged in the prosecution of the company's business.
The nearest approach to this desideratum can be
reached only through constant effort on the part of
the railway officials and the employes themselves, to
see to it that the greatest possible immunity from
danger be afforded the traffic movers. Considerable
progress has been made in this country looking to the
above end, but much remains to be accomplished
along the old, aa well as new lines. Where improved
car-couplers and air-brakes have been adopted, the
duties and dangers of the train men have been very
greatly lessened.
These modern adjuncts should be a
part of the equipment of every car.
Greater effort
should be made to improve the condition of the
ground surface in freight yards in order that a good
railroads,
the
traffic.
Within two years
have power brakes.
4.
5.
all
engines and tenders must
Stations or sidings where shunting
dark must be sufficiently lighted
is
done after
where necessary the
Board of Trade will issue orders on this subject.
6. Rods and wires running to switches and signals
must, within two years, be sufficiently covered or
otherwise guarded.
;
Ground switch
placed as to cause as
little
levers
must be
so
obstruction as possible to
employes.
Board
any office or cabin situated too
near the track, or in any place to be a source of danger to employes, it may order alterations.
six months
8. Within
fouling points must be
marked ; that is to say, where two tracks run within
less than six feet of one another, a post or other mark
must be set but the mark must not be placed so as to
7.
If the
finds
;
be a source of danger.
Gauge
on boilers of both locomotive and
stationery engines must within three years be prosurface shall be presented to the trainmen's feet tected by a sufficient guard or covering, and must
during the activities attending the shifting of cars. have a sufficient automatic shut-off valve.
Posts, high switchstands, wires and everything which
10. Tool- boxes on engines and tenders must be bo
would interfere and be a source of danger should be placed that the men can get at the contents of the
rigidly excluded.
The work
is
all
glasses
boxes while the engine
also
facilitated
and rendered
safer
where the yard is amply lighted at night. The ad
vantage that can thus be gained is being provided for
in the new switching and transfer yards of the
Chicago Transfer & Clearing Company. The yards
are lighted by arc lamps, supplemented by a search
light at the signal tower by which any particular spot
can be illuminated.
The Lehigh Valley Railroad
Company is endeavoring to prevent accident from an
entirely
9.
different
source.
It
has issued
the train crews that while on duty
all
orders to
is
in motion, without risk.
Within three years water gauges must be provided on
tenders in such places as to be visible to the men
without their incurring undue risk.
11. Trains not having continous brakes muBt have
brake vans.
12.
Where important track
where danger
is
work is going on*
the company must pro-
repair
likely to arise,
vide persons for the express purpose of maintaining
a good lookout for trains.
13. If necessary to avoid interruption of business,
conversation,
the Board may grant an extension of time in respect
whether social or business, must be in English. This to these rules.
tep was taken after an accident which occurred because a brakeman did not understand an order given INCREASED TRAFFIC
IMPROVED
by the conductor in the "Pennsylvania Dutch"
APPLIANCES.
dialect.
Patrons of railroads are wont to obey the physical
That which ensures the safety of the train employes law to follow the line of least resistance, and the sucalso makes for the safety of the passengers, facil- cessful railway is the one that reduces this resistance
itates the rapid movement of trains, and contributes to a minimum.
Other things being equal, passengers
to the general harmony of the corps.
It is, therefore, will not exert themselves more than possible in reachexpedient that constant study be given by the railroad ing their seats, nor will they suffer the car to exert
managements to secure greater safety to employes. itself on them during transit. By the efforts of railThe importance of this subject is realized in England, way managers in various ways can be seen the appreciwhere a law was passed last year for the prevention of ation of the demands in this direction. The efficiency
accidents to railroad employes.
To enable the rail- of each new improvement can be noted in the increased
roads to carry out this law, the British Board of Trade traffic accruing.
The increase in traffic comes not
has issued a code of rules which is to be submitted to merely from attracting patrons from other roads, but
THROUGH
the criticism of the railroad companies before its final
adoption.
The substance of the rules is given below
:
also
in creating patronage
which springs up because
of the facilities offered.
These facts are strongly emphasized in the railway
Ten years ago the Manhistory of New York City.
hattan Railway Company "was carrying by far a
larger number of passengers than either what now conidea.
stitutes the Metropolitan Street Railway system proper
2. Labels (car cards), when used, mast be made in
or what may be termed the Third Avenue Railroad
duplicate, so as to have one on each side of the wagon. system, although all of the Third Avenue system is
wagons (freight cars) must
have brake-levers on both sides ; after one year from
the time the rules go into effect no new or rebuilt
wagons ehall be used without brake levers on both
1.
Within
five
years
October,
now
INVESTORS'
1901.]
by the Metropolitan Company. At
that time the Manhattan gross receipts were increasing at the rate of about half a million dollars yearly,
and reached their culmination in 1893, when 221,407,000 passengers were carried." At about this time the
adoption of electricity by the surface lines attracted
travel to them, with the result that the patronage of
the Manhattan Railway fell off for the next six years.
Since then the crowding of the surface Hues has
turned traffic to the Manhattan. A continual increase
for several years may be expected on this railway as a
direct result of the adoption, when it shall be completed, of the improved motive power noted in the
Stkket Railway Supplement for February of this
year.
With the opening of the rapid transit service
there will necessarily be a readjustment of the traffic.
controlled
In these instances are seen the vacillations of traffic
according to the condition of service offered. The
SUPPLEMENT.
low pressure pneumatic interlocking plant at Grateley, the first of its kind on an English railroad. They
are also placing automatic block signals.
It is only by offering the greatest possible comfort
to the body, delight to the eye and rest to the ear, at
reasonable terms, that the most extensive passenger
traffic can be secured and maintained.
AERIAL NAVIGATION.
The mysteries and subtleties of aerial navigation
have attracted the attention and called forth the efforts
In an
of the venturesome for more than a century.
account published in 1786, Dr. Jeffries describes two
voyages made in a balloon by himself and a M.
Blanchard. The first voyage was made on the thirtieth
from London into the Parish of
Stone, in the County of Kent; the second flight was
same effort to increase traffic through increased fa- from the cliffs of Dover, England, into the forest of
cilities is to be seen in the plan of the Boston & Albany
Guines, Province of Artois, France, on January 7
Railroad Company to increase the local traffic on that
1785.
In opening the narrative, Dr. Jeffries says:
railroad.
They have never had a train dispatcher's "After so many accounts of aerial voyages have been
department, but are planning to establish ono in the
South Union Station at Boston. By this means they
intend to offer such inducements in running time and
in frequency of trains that they will gat a good share
of the travel from points outside of a radius of four or
five miles from the station.
In Boston, the Boston
Elevated Company runs the surface cars up an incline
at the Dudley Street Station until they are nearly the
same elevation as the elevated cars, to make the
change from one to the other with as little inconvenience as possible.
Two improvements of a different character are illus
trated by the practice of the Boston & Albany division
of the New York Central Railroad Company. They, in
common
with some other roads, sprinkle the road- bed
each year with crude petroleum. This device, by preventing clouds of dust during the passage of the train,
adds greatly to the comfort of the passengers and aids
in keeping the road-bed in good condition.
They
have also given much attention to providing a roadway which shall present a beautiful and restful appearance.
For several years they have had a landscape
gardener whose duty has been to improve the condition of the grounds around the several stations, and
in some cases between
stations.
More attention
should be given to the latter by all railroads. Cities
need also to realize the fact that their reputations
would be greatly increased if they would make the
surroundings of the station attractive instead of the
opposite, as is so generally the case.
The plan which
the railroad company has adopted is to plant shrubs,
bushes and vines in tasteful and natural ways. Unnatural and incongruous masses and shapes of flowers,
glaring arrangements of whitened stones and perplexing
faultlessness of symmetry have been studiously avoided.
Most of the station buildings, themselves, which are
built of granite with brown Btone trimmings, present
a very pleasing appearance.
As one travels along the
road a sense of cleanliness, beauty and comfort takes
possession of him, until he feels thankful that he
selected that route, and resolves thereafter to patronize that line and also to advise his friends
to do likeSuch administration pays. Efforts in the same
direction are to be seen on those roads which
pay
much
attention to securing safety, through the block
system and other methods; comfort, by a
superior road-bed, electric lights in cars, free reclining chairs and similar devices and fast train
service.
The British railroads are giving these details increased
attention.
The Great Eastern Railway has for
signal
some
of
November
1784,
laid before the public, some apology on my part for
attempting to obtrude the following seems almost indispensable.
The success of the first attempt
naturally struck every one with surprise.
Some of a sanguine disposition were led to expect from
it very great acquisitions and improvements in almost
every branch of useful science; others of a contrary
temper, after joining in the general applause bestowed
on the first discoverer, called in question the utility
which it might be of, and whether it would serve any
other purpose than that of mere amusement." The
points which he wished to study were:
"First, the power of ascending or descending at
pleasure while suspended and floating in the air.
"Secondly, the effect which oars, or wings, might
be made to produce towards this purpose, and in
directing the course of the balloon.
"Thirdly, the state and temperature of the atmosphere at different heights from the earth.
"Fourthly, by observing the varying course of the
currents of air or winds at certain elevations, to throw
some new light on the theory of winds in general.
"After waving our flags and the first parting salutations of our friends were over, M. Blanchard applied
himself to his oars, and which (though inadequate to
the government of the balloon) appeared to me to very
.
.
.
.
.
.
.
materially influence the course, ascent and progress of
the balloon, and with which we could, by acting with
but one oar or wing, always turn round the car and
balloon, either wholly or in part, ad libitum .
.
.
and during our whole voyage convinced me that with
some future improvements (which I do not at present
presume to point out) they may be of material service,
not only in aiding the ascent or descent of a balloon,
but especially in directing its course whenever the
wind is not strong."
The problem of aerial locomotion can be approached
from two sides first, to provide an instrument with
wings upon which the action of the air will keep the
body in place; or, second, to design an apparatus
which shall be lighter than the air, and will therefore be supported by it.
The latter plan would indeed be desirable, since then one would at least be
sure that he could float on the air even as a disabled
ship floats on the ocean.
But unhappily there are
considerations which make this plan impossible.
To
be supported by the air a body must displace a volume
of air which shall at least equal the weight to be supported; hence our machine, under these conditions,
must take the form of a balloon. But a balloon of
sufficient size to carry any great weight would experi-
—
time had a Westinghouse electro-pneumatic installation in one of its London freight
yards and the Lon- ence a large resistance to motion through the air,
don & Southwestern Railroad has recently ^installed
a which resistance would increase not less fast than the
1
.
.
INVESTORS' SUPPLEMENT.
square of the velocity of flight.
Ma3sive machinery
would be required to overcome this resistance at any
high speed. Thus, perforce, the balloon, by reason
of the gre.it mass required and resistance to motion
encountered, is exc'uded from consideration as a commercial carrier of freight and passengers. The first
method, that of wing fl ght, has ever been a seductive
and attractive problem. To have the Air-Line Express from Anywhere to Everywhere at our disposal
would be indeed a desideratum.
There are, however, important considerations in
connection with the problem which make one at least
skeptical.
The examp'e which nature gives us of
al locomotives, birds, furnish conditions which it
is impossible to duplicate
muscles which expand aid
contract, push and pull, as it were, great strength in
material of light weight and a light frame work built
on graceful lines. Tne effective shape of the wings
has not yet been duplicated, and the ever changing
fluid in which they act does not oppose nearly as great
resistance as does water to the steamship propeller.
Bat let us suppose that the airship is successfully
built so that it can carry freight and passengers from
shore to shore. There are yet two practical diffieul
ties in the way.
Our ship is sailing along some day
when a not uncommon event happens, the machinery
b'eaks and engines stop. What fate awaits us now!
the ocean the ship floats until the damage is reptired; but in the case of our "Airship Express," it
must, perforce, suffer. In other words, the descent
wojld be as unquestionable as in the experiment being
conducted by learned inventors who "drop a cat from
a height of three or four hundred feet on to a pillow,
taking photographs of him at each stage of the proc:-88 by which he accomplishes the well known feline
f at of always landing on his paws," only our airship
inv-'etigitors would be likely neither to light on their
feet n<r to find the pillow.
In the second pUce, it
Ecems highly improbable tint the traffic could be conducted at a figure which would be at all commensurate
with present methods.
From the difficulties already referred to, for the
overcoming of which no satisfactory solution has been
found in the paBt over one hundred years, we are indeed led to query with those of I);. .K-ffri-Vs day as
to the "utility which it mig^t bo of, and whether it
would serve any other purpose than that of mero
amusement (or some special purpose)."
—
i
TECHNICAL MEN IN THE BUSINESS
WORLD.
The question is often asked, 'What becomes of all
the graduates that our technical schools seDd forth
e\ch year? There surely cannot be occupation for
mall." The answer to this question is, "Look
for fully fifty per cent of them in the business world."
1: oce concerns himself with the graduates of twenty
or more yea r s, he will find a far greater percentage in
that sphere.
At the present day, while there are yet a few who
belittle the technically educated man, the demand in
business circles for broadly prepared men is constantly
increasing.
T le tendency is illustrated in the case
of the son of a steel manufacturer.
Tnis young man
received a most thorough and extensive technical
II then went to work as a laborer in the
education.
piternal establishment, where in a comparatively
short time he was abl^ to master the commercial and
constructive details of thf work: in a manner which
would have been imposai^l
even after years of ap
prenticeship, by one not posted in the theory upon
i
,
v-.,.
\
XXlll
which the practice was founded. It is at exactly this
point that the essential, fundamental condition for
the future successful man is seen.
He must be a man
with a keen, well-balanced intellect,
who has
intensive theoretical training, supplemented
a broad,
and am-
by a thorough knowledge of the details of his
business gained by close and progressive contact therewith from the bottom to the top.
That the demand for technical men has been increasing rapidly is witnessed by the inception and remarkable growth within recent years of engineering
schools.
These institutions have greatly increased
their instruction forces and enlarged their laboratory
equipments, making it possible to offer greater diver
plified
and efficiency of instruction. Tnose engaged in
eommercia and financial affairs also begin to realize
that some particular preparation is necessary.
When
the business world makes a just demand, the educational world is quick to endeavor to supply that
demand; yes, it strives to anticipate and be forehanded in furnishing the supply before it is realized
by others that the need exists.
Efforts to give the
commercial and fiaancial men a suitable training are
s*i'y
1
seen in the establishment of the Tack School of Administration and Finance at Dartmouth College and
courses in commerce and kindred subjects at many
other institutions.
Miny corporations are taking
graduates and putting them to learning the business,
a3 for instance, one railroad company in the northwestern part of the Uuited States. They engaged
two technical students to work as section hands and
thus get a working knowledge of railroad construction
and maintenance. This method of procedure involves
mutual responsibilities and requirements. The young
man must have courage, push and stick- to itiveness.
Ha must have a whole-hearted liking for his chosen
work and be willing to work hard to learn the varying
steps.
The employer, too, needs to exercise great
caution and judgment. He should remember that
the properly educated man comprehends principles
and methods more quickly than the uneducated man,
and see to it that the apprentice is not kept on particular work longer than is necessary to understand it.
It is essential for the successful working of this plan
that the young man be advanced as rapidly as possible, since he has already dt voted much time and
money to his technical education.
Several companies have also sought to raise the
personnel of their corps by furnishing chances for
suitable studies and amusements for their employes
and families. Such provision hai been made for some
time by the Northern Rtilroad of France. In 1882
the directors of that railroad founded a free school
having a three-years' course for the exclusive use of
Entrance examinations
the sods of their employee.
for children between thirteen and fifteen years of age
are held each year under the direction of the Chief
Engineer. The subjects taught are: "The French
language, geography, arithmetic, geometry, physics,
chemistry, materials used in the construction of engines, the various parts of engines, and drawing. The
pupils also have a practical training in handling tools,
in all the processes of the forge and smith's shop,
and in the construction of the parts of a locomotive."
Those who receive a certificate from the school are
given employment by the railroad company upon application.
We
must carefully guard and perfect our educaand perpetuate our honorable
A London paper said some
" The American ia successful because he
time since
treats business as a science and follows it with the
tional system to preserve
standing as a nation.
:
enthusiasm of a scientific devotee."
RAILROAD
COMPANIES.
(For Miscellaneous Companies see pages 152 to 171 inclusive.)
EXPLANATORY.—This Supplement is expressly intended for use in oonneotion with the investment news and offlolal reports published
from week to week in the Chronicle. Frequent reference is therefore made to the volume and page of the Chronicle (as, V. 64, p. 000)
where fuller information may be found. Following each statement also is given a reference to the latest news item in the Chronicle respecting
the company. As every such item contains a reference to the last preceding item, the reader oan run back over the company's history
at pleasure. Annual reports are in blaok-faced figures, and italic* indicate a paragraph headed by the name of some o<A«r ootnpany.
Index.— Any company not in its regular alphabetical order may be found by means of the Index to roads leased and consolidated.
Dividend*.— The dividend* tabulated in the text are those actually paid during the oalendar years named, irrespective of when earned.
Net earning* are given after deducting operating expenses and usually taxes, but not interest, rentals or other Axed oharges.
Sec uritie*.— These are described in table at head of page [except the slock, for lack of spaoe, sometimes only in text below] as follows
Hiles of Road.— Opposite bonds, this means the miles of road owned oovered by the mortgage.
or Par Value.— Shows (in dollars unless otherwise marked), the denominations or par value, " 100, Ac," signifying $100 and larger
Rate Per Cent.— The interest and dividend rate, per annum is here shown: g., gold: our., currenoy x, extra; s. stook or sorip.
When Payable.— J. A J. stands for January and July; F. A A., February and Aug'ist; M. A 8., Maroh and September; A. A O., April and Ootol o»
M. A N.. May and Nov.; J. A D., June and Dec; Q.— J., quarterly from Jan.; Q.— P., Quarterly from Feb.; Q.- M., Quarterly from Maroh.
Fond*, principal when due, etc.— This column shows the date when the bonds mature anil the amount and date of the last dividend.
Abbreriaiions in table: M. for " mortgage; " gen. M. for "general mortgage;" eon. M. or oousol. M. for "consolidated mortgage;" Inc. M.
or "income mortgage;" g. for "sold;" o. or our. for "ourrenoy;" guar, p, A i. for "guaranteed principal and interest; " oum. for
:
;
onniulattve " nou-euin. for •• non-cumulative; " oonv. for ** convertible " pref. for " preferred ;" 8. f. for " sinking fund " 1. gr. for " land
"coupon but may be registered as to principal; " br. " branch;" end. "endorsed;" "red." redeemable;
Srant " r. " registered: " c. • coupon;"
dCrn" or "drawn" subject to call when drawn by lot: "p. tu." •• i>er mile;" as'd "assumed." " x" Principal and interest payable without
Mortgage Trusters and Stock Transfer Agents (I'd Treasurer's Otlice) are indicated thus
deduction tor any ta\
PlTTSBURQ—
N. Y. C\TY-( Concluded—
Louisville—
New York City—
Baltimore—
•'
C
:
;
A—
Atlantic Trust.
entra)
li
i
;
Tn- Trust
["rust.
Cel— Colonial
Trust.
i
.
irust.
Ma Munhitu.in Trust.
Me— Mercantll. Trust.
Mo— Morton 'Trust.
M»— Metropolitan
>'•
-
Tr
St.
N. V. Security A Trust.
n rth Ameni'Hii Trust.
odHM Trust
.-*.
Men. A
'Trust Co,
A Guaranty.
Bu— Continental T list.
KBii— Fidelity A Deposit,
MBit— Maryland Trust.
»le It -Mercantile Tr. A I>ep.
8 Bu— safe Dep. & Trust Co.
Chicago-
CL— Columbia Finance A Tr. F Pi-Fidelity Title A Trust.
PL-Fidelity Tr.4 safety Vit. PPl— Pittsburg Trust.
LI.— Louisville
II— Amertoan i.< an A Trust.
II It- Boston Safe Dep. A Tr.
IB— International Trust.
>l B— Massachu'lts Loan & Tr.
\
NB— New Knt'land 'Trust.
ok— oui Colony rust.
SB- State Trust.
EC—
IT-
MC—
Bunltable Trust.
Illinois Trust A Sav Bk.
Merchants' Loan A Tr
NC— Northern
Trust.
RC-Koyal Trust.
IIC— Union Trust.
t
UPi— Union
Trust.
PHILADELPHIA-
it
BOSTON-
uaniuty Trust.
K.— Knickerbocker
S—
Dmiii — L'.
Halt. Tr.
;
( '<•
i
C#— Continental Trii^t.
P— Fanners' Loan a Trust.
<»—
lllin-
('•>. of America.
I'n— Union rust.
(Is— L'ttiteil States Trust.
rust.
'
;
Trust.
St. Louis-
PI'—
Fidelity Trust.
«JP— (Jirara Trust.
tin P- Guaranty Tr. A S.Dep.
PIP -Provident L. A Tr
Penn. Co. for Insur. on
PoP—
Lives A (Jr. Ann.
W P— West Knd Tr. A S. Dep.
M St— Mississippi
Valley Tr
SSt- St. Louis Trust.
USt— Union Trust
San Francisco—
CS-Caltfomla Safe Deposit
A
Trust.
Mi hucrlbrrx will confer a ijreat favor by giving immediate notice of any error discovered in these Tables.
Bonds— Prlncf
RAILROADS
INTEREST OR DIVIDEND8.
Miles
For explanation of column headings. Ac, see notes
Date
Size, or
of
of
Par
Road. Bonds
above.
J! isheboro— Aber. & W. End 1st M.SBu
Adirondack.— 1st M. gold, gu. p. A i. end.. Us o*Ar
Alabama Great South'n—"B" shares (Englisli Co.)
Pref. "A" shares, (English Co.) 6%, £800,000...
1st M. (American Co.) gold, $1,750,000
F.c
General mortgage, £1,160,000
Ce.c
Aberdet),
,
Debentures, gold (English Co.)
of dividend (English Co.)
64
57
Cent.
$50,000
1,000,000
£1,566,000
1,000
£10
£10
£676,070 8
1878
$1,000
i88t;
o
£100
£100
6
4>3g.
in
£526,000
£134,000
£53,257
$172,711
1888 Various.
When Where
Payable, and by
Payable
Whom.
&
&
Balt.,Mer.Tr.& Dep.Co
N.Y.Of.,21CortlandtSt
J.
M.
J.
8.
London.
do
A J. N.Y.,Farm.L.&Tr.& Bos
J. & D. London, Glyn.Mills&Co.
F&A15
do
do
London.
Stocks— Last
Dividend.
1910
1942
Deo., 1891
Jan.,
Deo.
1,
&
D.
M.
&
N. Lon..Glyn.Mills,C.&Co. Nov.l, 1910-40
May.'Ol.cp.pd July.'Ol. Nov. 1,1910-40
5g. A.
&
O. 138%for'99pd.Feb.l900
1900
$1,750,000
290
Funded arrears
Car trust notes, paya >le monthly
Alabama If idiand— See Sav. Fi.ok. Wkstern Ry.
Ala. N. O. Tex. <t Pac. June— Deferred "B" shares...
Preferred "A" shares, 6 p. o. cumulative
"A" deben., red. aft. Nov.1,'10, at 115— See text.c
"B" debentures, income, red. after 1910 at 115.C
"C" deb., income, subject to call any time at 100.
Interest cert, (secured by £34.193 "C" deb.)....
Alabama * Vicksburg— Stock $1,050,000
Vlcksburir A Mer. 1st M. KOld, $1,000,000.. F.xc
Ala A Vicks. consol.lst Ml, ($1,800,000) g. Ce.c
2d M., orig. $700,000. g
Ce.c
Albany <* Xorthem -Stock
Rate per
Value.
1890 $1,000
1892
pal.When Dae.
Amount
2*
J.
J.
Sep.21,'01,2%
Jan. 1, 1908
Deo. 1, 1927
Aug. 15, 1906
By slnk'g fund
5
*.
1st mortgage
c
Albany w Siisq. —Stock, divl'ds guar. byD.A H.(end).
Cot -ol. M. (guar. p. A i. end.) currency 7s. P.c*Ar
now IstM. >
do
6s, interest only in gold
/
....
£10 £2,500,000
£10 £1,500,000
1890 £50 <fco.
£748,850
£20 &o. £1,048,390
18S
1890 £20 &o.
£810,652
....
142
142
g.
Nov.
1,
1940
£28,494
••"
143
143
143
143
5
100 $1,050,000 6 in 1901 Yearly. New Orleans, Office. Aug" 1901,6%
1881
1,000 n 1,000,000
6g. A. & O. N. Y., Central Trust Co. Apr. 1, 1921
1889 100 &c.
do
do
Apr. 1, 1921
588,800
gl A. A O.
t
do
1889 100 Ac.
do
Apr. 1, 1921
601,300
5 g. A. & O.
100
350,000
It 96
Jan. 1, 1946
1,000
400,000
5
J. & J.
100
3.500,000 7 in 1901 J. A J. N.Y.,Del. & Hudson Co. Julv, '01, 3i«
1876 $1,000 n3,000,000
do
do
Apr. 1, 1906
7 cur. A. A O.
1876
do
Apr. 1, 1906
do
1,000 ii7,000,000
6g. A. & O.
n No further bonds issuable.
Adirondack Ry.— Saratoga
to North Creek, N. Y., 57 ra. 8tock.
The bonds oarry the endorsed guaranty of the
Delaware & Hudson; $1,000,000 bonds reserved for extensions at
$20,000 per mile of com pleted road. In year ending June 30, 1901.
gross, $190,338; net, $52,573; other income, $29 »; charges, $53,247;
inl899 0,gro88,$20O,273; net, $69,5 19.— (V. 59, p. 1102; V. 69, p. 1010.)
$2,600,000
par, $100.
;
Alabama Great Southern RR,- (See Map Southern Railway.)—
Owns Wauhatchie, Tenn., to Meridian, Miss., 291 miles; branch lines
owned. 6 miles; leases Wauhatchie to Chattanooga, 5 miles, and Belt
Ry. of Chattanoosra, 45 miles; trackage to Blockton, Ala., 8 miles, and
Wood'.awu, 19 miles; total operated, 374 miles.
Organization.—Controlled by Southern Ry., hut operated Independently. V. 60, p. 26; V. 61, p. 375.
Ala. Great So. Ry
Limited,
owns all of the stock and debentures of Ala. Great 8o. RR., and has
iasned in place thereof its own stock and debentures respectively
for a .ike amount.
The two companies own jointly $833,300 stock
of Southwestern Construction Co. received in exchange for $833,300 Chv. N. O. A Tex. Pac. stock. See V. 65, p. 1173.
8To, k.— Of the capital stock of the English Co. the Southern Railway
Co. on July 1, 1901, owned $1,725,000 "A" shares and $4,540,050
"B"eharea. V. 61, p. 26. For right to dividends see March, '94, Sopp.
Dividend— V90. '91. '92. '93 to '95. '96. '97. '98. '99. 00.
'01.
,
"A"
-h.,reB.
"B"
%S
69668
00000
966
OII3O
Incl. Sep.,
5
'hares. %)
On Oct. 3, 1900, an extra dividend of 2 p. c. on th« " A" shares was
paid on account of arrears, and on Sept. 21, 1901, also 2. p. c.
Bonds.— General M. 6s, £484,000, will retire 1st 6s and debentures.
Latest Earnings— 2 mos. S 1901
Gross, $382,595; net, $106,225
July 1 to Aug. 31.
(1900
Gross, 322,109; net,
85,168
Annual Report— Report for 1900-01 was in V. 73, p. 443, showing: Gross, $2,198,739; net, $645,609; other income, $13,389; interest
85 ' 5821 income tax, etc., $27,249; balance for stock,
SS.^
$346,165; dividends on stock of American Co. (8 per cent), $249,405.
99 " 00, ST ". $2,092,448; net, $636,623; other income,
.,
oi,
$11,823; interest and rentals, $285,582; other charges, $22,712; balance for stock, $340,150; dividends on stock of American Co. (6 p. c.)
fl89,9.vx-(\.69, p. 1058; V. 71, p. 601, 644, 1218; V. 73, p. 443.)
?^'^
Alabama .Midland Ry.-See Savannah Florida & Western Ry.
Alabama New Orleans Texas
Pacific Junction Railways Co. (Limited.)—This is an English company controlling Aia
«fc
bama A Vicksourg, 143 miles; Vicksburg Shreveport & Pacific, 189
miles New Orleans A North Eastern, 196 miles.
SEcrRiTiES O VVNED.-Ala. & Vicksb $30,000 1st mort., $397,700 2d
;
moJt '.„* 1i 1 100 consol.
A Pacific, $3,692,000 1st
1st M. and $531,500 stock; Vicksb. Shreve.
M., $1,364,000 3d M., $494,860 4 p. 0. Incomes and $1 094,000 stock; New Orleans A North East., $4,900,000
1st M. and $4,320,000 stock; S.
Construction Co., $448,700 stock;
overdue coupons N. O.
N. E. and V. S. A Pac. Dec, 1900, £1,179.303.
-
&
W
Coupons Paid- For
"A"
"B"
555555
'92. '93. '94. '95. '96. '9*. '99. '00. '01
55 55
875
'91.
Debentures.. P. c.
do
..P.c. 2*2
1
213 2% 4^
5 Below
..P.c
1%
The May and Nov., 1900, coupons on B debentures 5 per c?nt) were
paid Jan.. 1901, and the May, 1901, coupon (2>b p c ) in July, 1901.—
V. '2, p. 81.
Earnings.— See separate statement for each of the controlled companies. In year ending Deo. 31. 1900, net from investments was
£93,520; paid general expenses (£3,746), inoome tax (£4,115), interest on " A" debentures, (£35,843), on "B" debentures 5 p. c. (paid in
Jan., 1901), £49,798; balance, including £853 from 1899, £871.— (V.
66. p. -284; V.";0, p. 125,32 7; V. 72, p. 183,480; V. 73, p. 81.)
Alabama Sc Vicksburg Ry.—Owns Vicksburg to Meridian, Miss,
and branch, 143 miles, all steel rails. Controlled by Alabama Neiv
"C"
2*3
do
Orleans Texas & Pacific Junction Co.— which see. Reorganization of
the Vicksburg & Meridian foreclosed Feb. 4, 1889 (see V.48, p. 190).
Stock.—The stock was increased in 1900 from $700,000 to $1,050,000 by 50 p c. distribution to shareholder-", to represent earnings ap-
and improvements since 1889.— V. 70, p. 632.
Dividends — 90 to '92, 3 p. 0. yrly.; '96,3; 97 to '99, 5; 'CO, 6; '01, 6.
Bonds.— The new seconds were income till April 1,1894, and are a
first lien on the lands— 70,801 acres.
Of the $1,800,000 consols authorplied to additions
$1,000,000 are with trustee to retire V. & M. firsts. Right to call
& Meridian assenting bonds expired April 1, 1897.
Earnings.— Fiscal year ends June 30. In 1901, July 1 to Pept. 7
(24 month*), gross, $161,911, against $124,019 in 1900. Report
for 1899-1900 in V. 71, p. 908.
Tears—
Bal., sur. Dividend,
Gross.
Interest, etc.
Net.
1900-01.... $920,669
$63,000
$131,394
$10^,956
$235,340
63,000
1899 00.... 812,778
86,402
142,180
228,582
(V. 69. p. 1008; V. 70, p. 3'it, 632; V. 71, p. 750; 908.>
Albany
Susquehanna RR.— ( See Map Delaware <£ Eudson.jRoad.— Ow is Albany, to Binghamton, N. Y., 142 miles. Leases,
Cobleskill, N. Y., to Cherry Valley, 21 miles, practically owned by
D. A H.; total operated, 163 miles.
Leased for 150 years from Feb., 1870, to Delaware & Hudson Com
pany. Lessee guarantees 7 p. c. per annum on stock till Albany City loan
for $1,000,000 is paid by sinking fund, thereafter 9 p.c (See wording
of guaranty in V. 56, p. 774.) The last instalment of the Albany City
loan was paid May 1, 1897, but the sinking fund felt $296,878 short of
meeting the principal. This amount has been borrowed, payable In
semi-annual instalments up to May 1,1902, and will be met from
sinking fund (now $70,000 yearly) before dividends are increased
Annual Report.—Earnings for years ending June 30
Ohar.dk taxes.
Net.
Bal., sur
Gross.
U99-0
$4,803,246 $2,607,246 $1,120,250 $1,478,997
1,886,012
1.118,319
1898-9
4,245,4*2
767,693
- (V. 70, p. 995; V. 71, p. 390, .066; V. 72, p. ?87; V. 73, p. 337 )
ized,
Vicks.
—
&
r
.
.
SUPPLEMENT.
IN VESTORS'
(Vol. LXXIII.
Subscribers will coufer a great favor by giving Immediate notice of any error discovered In these Tables.
Bonds— PrinciRAILROADS.
INTEREST OR DIVIDENDS.
Miles Date Size, or
Amount Rate per When Where Payable and by
for explanation of column headings, Ac, see notes
of
of
Par
on first page of table*.
Road. Bonds Value. Outstanding
Cent.
Payable
Whom.
Albany it Vermont— Stools, 9 D.O, cuar. liv rental).
AlleahtHu* Western— sunk (93,500,000)
1st M. $2,500,000. gold, ^-uar., p. A- i. end G.0*.
12
61
61
Alitghenv ValUy— OOBUDOn stock (or $1 'J, 000.000.
Preferred stock (or $18,000,000. 3 per cent cum
1st M., low grade, Kasfn Ext., cuar. Penn. RR. .C
Mort. to State l'a.. $100,000 due Jan. 1, yearly..
Gen. M. *-_'0,000,000) g.. i:nar. p.A 1. FHI.x.c'Ar
$100
100
1898
1,000
259
259
50
50
1870
$ A*
1S70 100,000
1892
1,000
Atietitotcn RR. (lease, to Phila. A Reading Ky.)
50
AUentoirn Term'l— 1st M., guar. p.&l. (end.) c.Ce.xo*
3 1889
1,000
Ann Arooi StocK, $4,000,000 la 5% non-euiu., pf.
100
1st mortgage, $7,000,000. gold
1,000
IHp X.0' 2 9 2 1895
Annapolis "Washington <t Baltimore. Stock
100
20^
0"
Arizona d Utah— 1st M., $600,000, gold. Co
25 1899
1,000
Ark. Midl'd— 1st M. ($6,000 p.m.)g.,red.at 1 lO.Co.c*
74 1891
1,000
As\r. rf Svarl.—8.V.&C. 1st M..s;.. iru. bv So. Rv.Co
134 l S95
1,000
Ashland Coal </ Iron— 1st ref. M., $400,000 cold.N
22 1900
1.000
Ateh. .f East'n Bridge— 1st M.g.s. f., red., text. Ce.
1898 500 Ao.
Atchison Topeka & Santa J-V Ru.— Stock, com.. 7,371
100
Stock, preferred, $131 486,000, 5 p. o., nou-ciun..
100
Okie, A St. Louis 1st M. ($10,000 p. m.) our.F..c
150 1885
1.000
Chic. Santa Fe A Cal.. 1st uiort.. gold BB..c\tr
1887 1,000 Ac
General mortgage, gold, see text
1895 500 Ao.
I in--.tr 7.371
Ad|. inc. M., cum. from .July 1. 1900, g., Ce.e'.tr.. 7,371 1895 500 Ao.
Equip. Tr..Ser. A., g., $250,000 dr. y'ly at par... c
1892 500 Ao.
Hutch. A So., 1st M., g.. red. 105 aft. 1907. OB. o*
130 1898
1,000
S. Fr.A San Jo. Val., 1st M.,g.,call aft.l915.Me.o
375 1896
1,000
Atlanta «* Charlotte— Stock (see text)
269
100
Pref. M. (old 7s ext. in 1897), see V. 64, p. 286.0* 265** 1877
1,000
let M. [voting power, 10 votes for each bond] our.r 2651* 1877
1,000
a
w
259
259
v
I
—
—
1
•
u No further bonds Issuable.
a Par tly No v.
our., currency.
Albany & Vermont BB.— Owns
1;
pa
road from Albany to Water-
ford Junction, N. Y., 12 miles, Leased to Rensselaer & Saratoga in
1860 and now operated by D. A H. Canal Co. Annual rental, $20,000.
Algoma Central By.— V. 70, p. 1248; V. 72, p. 480.
Allegheny A Western By.— (See Map Bvff. Roch. & Pitts.)—
Punxsutawney to Butler, Pa. (about 60 miles), opened Sept. 4, 1899.
An extension of Buffalo Rochester A Pitt6burg, to which leased In
perpetuity for guaranty of bonds and 6 p. c. on stock. Uses Pitts.
A West, from Butler to New Castle and Pittsburg under a trackage arrangement, making in all 135 miles. See application to list in full, V.
70, p. 849.— (V. 70, p. 840, 849, 1248; V. 71, p. 601.)
Allegheny Valley Ballway.— Owns from Pittsburg to Oil City,
Pa., 132 miles; Red Bank. Pa., to Driftwood, 110
others, 17 miles.
Brookville, Ry., 13 miles, is controlled. See V 64, p. 1179.
Organization,
Reorganization March 1, 1892, of the Allegheny
Valley Kailroad, sold In foreclosure Dec. 15,1891. Plan of reorganization, etc., was in V. 53, p. 324, 368, 520 V. 54, p. 409, 524. Road controlled by the Pennsylvania RR. Co. as majority stockholder, owning
$9,653,800 common and $11,876,656 preferred stock. Wording of
pref. certificate was In editorial of Supplement of Oct. 30. 1897, p. 3.
Road was taken over under lease by the Penna. RR. Aug. 1, 1900, for
20 years, rental being the net earnings.— V. 70, p. 27; V. 72, p. 491.
Bonds.— General mortgage is guaranteed by Penn. RR. by endorsement on each bond. Real estate mortgages, Jan. 1, 1900, $510,747.
Latest Eaknino8-7 mos. > 1900
Gross, $1,935,087 ; net, $566,541
Jan. 1 to July 31.
Gross, 1,750,896 net, 647,225
J1899
Report for 1900, V. 72, p. 674, showed gross, $3,546,029; net, $1,129.366; other inc., $7,061; int., taxes, etc., $1,131,895; Dal., sur., $4,532.
(V. 72, p. 674.)
Topton to Kutztowu. Pa.^^m.; Reading system.
A lie nt
Allentown Terminal Ballroad.— Owns 3hi miles of railroad in
Allentown Pa., connecting the East Penn. (Philadelphia A Reading)
with the Central of New Jersey. Leased for 999 years to Philadelphia A
Beading and Central of New Jersey (by assignment from Lehigh Coal A
Navigation Co.) at interest on bonds and 5 p. c. on $450,000 stock (par
$ 50), Donds being guaranteed, principal and interest, by Philadelphia A
Reading (foreclosed) and Lehigh Coal A Navigation. The Phila. A
Reading Ry. Co. in 1896 assumed the Reading's share of the old lease.
Road.— Owns road from Toledo, O., northArbor
westerly to Frankfort, on Lake Michigan, 292 miles; operates car
between Frankfort, Mich., Kewaunee and Maintowoc, Wis.,
ferries
and Menominee and Gladstone, Mich. The Pere Marquette and Cincinnati Northern use the Toledo terminals.
Organization.— Successor Nov. 1, 1895, to Tol. Ann Arbor A Nor.
Mich., foreclosed under Quintard Lawrence plan in V. 59, p. 782.
Stock.— Pref. stock certificate in editorial in Supp. Oct. 30, 1897, p. 3.
Bonds, Etc.— The first mortgage (trustee, Metropolitan Trust Co.
N. Y.) ccvers entire property, including terminals and freight boats.
Floating debt June, 1901, current liabilities. $263,883; cash and current assets, $380,708.
Earnings.— 2 mos., ) 1901
Gross, $300,803; net, $102,229
July 1 to Aug. 31. J1900
Gross, 266,764; net,
31,345
Annual Report.— Report for year ending June 30, 1901, was given
In V. 73, p. 493, showing: Gross, $1,754,148; net (operating expenses
Including $178,614 spent for lmr>'0vements),$444,986; interest, $281,331; ta> es, $49,733; bal.. sur.. $113,922; in 1899 00 gross,$l, 721,45 4.
Directors include: President, W. R. Burt; J. Edward Simmons.
Franklin B. Lord, H. W. Ashley, etc.— (V. 73, p. 442, 493.)
m
;
Ac—
;
;
—
own BB.—
BB.—
Ann
Annapolis Washington 4c Baltimore BB.—Owns road from
Annapolis to Annapolis Junction. 20*2 miles. Controlled by the Bait.
A Ann. Short Line, which owns the stock. (V. 64, p. 1223.)
Dividends— >
'89. '90. '91. '92. '93. *94.
'95. '96. '97. '98. '99.
1900.
4*4 4H
3
5
Earnings.— 1 month,
) 1901
Gross, $7,759; net, $3,597
July 1 'o July 31.
$1900
Gross, 5,527; net, 1.96H
Report.— For year ending June 30, 1901, gross, $66,089; net, $20,152. In 1899-0, gross, $72,184; net, $22,033; dividends, $21,480; balance, surplus, $5,530. President J. Wilson Brown, Baltimore. (V. 65,
Rate
p. C.
4
j
414
5\
64*
5>2 6-36 4>*
4*4
p. 410.)
A
Arizona
I'tah By.—Owns McConnico to 3*g miles beyond
Chloride, Ariz., 25 miles, opened Aug. 18, 1900; trackage, Kingman
Extension from Chloride to
to Mc' onnlco, 4 miles; total, 29 miles.
St. Thomas, Nev.. about 82 miles, is expected to be constructed in 1902.
Stock, $600,000
outstanding January 10, 1901, $467,000; par,
$100.
Of the bonds $334,000 were issued on first 25 miles,
and balance is to be issued on completion of remaining 25 miles.
The loan is not sutj'ft to call as an entirety, but a sinking fund will
retire at 110 (drawings by lot) one per cent semi-annually, commeno-;
lng June 1, 1903. For 9 mos. ending June 30,1900, gross. $30,962.
ner
charge*, *13,6>»5; balance, def., $5,417. President. F. L.
Underwood Sec. and Treas., R. H. E^gleston. 31 Nassau St., N. Y.
;
;
Arkansas A Choctaw By.— Ashdown
to Arkinda (owned), 24
Texarkana, Tex., to Ashdown, Ark., trackage 20 miles: Poteau,
LT..tO Bonanza, Ark., 19 miles; total, 63 miles. In An*., 1901, extension reported to be let from Arkinda, Ark., to Wichita Falls, Tex
about 250 mile-'. Stock, $1,500,000; par, $100; outstanding June 30,
miles;
,
1600,000
M A N.
3
2,850.000
2,000,000
10,544,200
17,172.600
9,998.000
g.
6
g.
J.
A.
&
O.
or 7 A.
A
A
O.
4g.
800,000
5,792,000
1,268, SSI
A
.1.
pal, When
Due.
Stocks— Last
Dividend.
Nov.l5,'01,li2
Julyl, '01, 3
N. Y., Gallatin Bank. Oot. 1, 1998
Troy, N. Y.
New York, 36 Wall St.
PhiL.Pa.RR.Co.ALon. April
1,
1910
Jan. 1, '02, etc.
Pittsburg, Pa.
S. Phlladelphia.Pa. RR.Co Men. 1, 1942
lncl. $i, 076.400 under ReadlngCo.mort. of 1896.
4g. J. A J. New York and Phila. July 1, 1919
5
J.
M A
J.
.
n.450,000
7. 2 50,000
n7.000,000
4 g.
Q.—J.
358.000 See text J. A J.
334,000
6g. A. A O.
176,000
6g. J. A J.
N.Y., Metropol. Tr. Co. July 1, 1995
See text,
Stk.own.by B. A A.Sh.L.
N. Y.. Contin.Trust Co. Apr. 1, 1929
N.Y.,H.Tallmadge& Co. July 1, 1911
Co. Jan. 1, 1995
J. N.Y., J.P. Morgan
N, N.Y..N.Y. Sec. A Tr. Co. May 1, 1925
J, N. Y., Cent'l Trust Co. July 1. 1928
D. Checks mailed fr. N. Y. Deo.2,1901,2
Aug.1,'01. 2>g
do
do
A,
S. N. Y., 59 Cedar Street, Mch. 1, 1915
do
Jan. 1, 1937
do
J.
do
do
Oct. 1, 1995
O.
1,000.000
&
4g. J. A
300,000
lg. M. A
600.000
4g. J. A
102.000.000 See text. J. &
114.199.530 5 In 1901 F. A
ill, 500,000
6 our M. A
629,000
5g. J. A
A. &
138,727,500
July 1, 1995
do
do
51,728,000
See a
4 g.
250,000
J. A J. New York and London. Jan. 1, 1902
5g.
195.000
5g. J. A J. Atch. off..59Cedar.N.Y Jan. 1, 1928
Oct. 1. 1940
6,000,000
5 g. A. A O. N. Y., Laidlaw & Co.
1,700,000 6*2 in '01 M. A 8. N.Y.Cent.Tr.Co.,54Wall Sept. 6, '01, 3»*
do
Jan. 1, 1907
A. A O.
do
500,000
4
Jan. 1, 1907
do
do
4.250,000
7o. J. A J.
rtly
M.
A N.;
see opti on of ex change V. 69, p. 954;
V. 70, p. 944.
$237,000. No bonds had been issued Oct., 1900. For year ending
30, 1900, gross. $101,572; net, $23,539; taxes, $979; dividends,
$29,000; balance, deficit, $6,440. Pres., R. H. Keith; Seo and Treas.,
E. E. Riley, Kansas City, Mo.
Arkansas midland
Owns from Helena, Ark., to Claren
don, 50 miles; Pine City to Brinkley, Ark., 24 miles, changed to
standard gauge in 1899-0. Mortgage is for $516,000, but $516,000
can be issued only in ease the entire 86 miles is laid with 56-pound
steel rails. Capital stock, $1,625,000 (par $100.) Dividends paid: In
1895-6, 1-348 per oent; in 1896-7, -74 p. 0.; in 1897-8, 1-92 p. 0.;
in 1898-9 (1); in 1899-0, 061 p. c. Bills payable June 30. 1900, $20,000; bills recoiv., $18,850. In 1901 control was acquired by Mo. Pac
Earnings.— 11 months, ) 1900
Gross, $110,155; net, $14,174
Gross, 120,930; def.,
4,529
Jan. 1 to Nov. 30.
51899
Year 1899-00, gross, $121,286; net, $19,092. after deducting $8,554
expended for steel rails; interest and taxes, $15,775; dividends,
$10,000. President, George J. Gould.— (V. 69, p. 1300; V. 72, p. 935.)
ls'00,
June
BB.—
Arkansas Southwestern By.—Smithton to Pike City, Ark., 34
A reorganization of the Southwestern Arkansas A Indian
miles.
Territory Ry., sold in foreclosure Mar. 13. 1900. V. 70, p. 532, 895.
In March, 1901, sold to new owners. President, William Grayson, St.
Louis, Mo.; 8eo., George H. Grayson,— (V. 70, p. 895.)
(-See
Map of Southern
Ashevllle A: Spartanburg
Ry.)— Spartanburg Juno.. 8. C, to Asheville Junction, N. C, 66 miles;
Alston to Spartanburg (formerly Spartan. Un. & Col.), 68 miles.
The Southern Ry. owns $1,047,982 of the $1,050,000 A. A S. stock and
guarantees the S. U. A C. bonds, whieh cover entire property. (V. 63, p.
In year 1898 gross, $452,277; net, $112,589.— (V. 63, p. 300-)
360.)
Ashland Coal ic Iron By.—Ashland to Straight Creek Junction,
Kv., 22 m. Ches. A Ohio has trackage over this road. Stock, $1,547,000.
Bonds see V. 71, p. 27. Year ending March 1, 1900, gross, $385512;
net above interest, improvements, etc, $332,093; in 1898-9, gross,
$111,674; net, $59,780. Dividends in 1895-96 4 p. c; in 1896-7, 4 p. 0.;
in 1897-8, 4 p. c; in 1898-9, 4 p. c; in 1899-0, 4 p. c; June, 1900, to
Sept. 20, 1901, 6 p. o. yearly (Ha p. o., Q-M).— (V. 71, p. 27.)
Goble to Seaside, Ore., 79
Columbia Blver
Astoria
miles; branch, Warrenton to New Astoria, 2 miles; trackage, Goble to
Portland, 40 miles; total, 121 miles. Stock, $2,000,000; par, $100.
In 1896 made a mortgage to secure $8,000,000 100-year bonds. Issuable at $40,000 per mile. Central Trust Co., Trustee. Year ending
June 30, 1900, gross, $190,716; net. » 50,736; charges, $159,710; bal.
def., $103,974. Pres., A. B.Hammond, Astoria, Ore.— (V. 67, p. 426.)
Atchison Eastern Bridge.— Owns railroad and wagon bridge
at Atchison, Kan., connecting with the union station. Used by the
Atch. Top. A Santa Fe, the Chic. R. I A P., the Mo. Pao. and the Ohio.
Burl. A Quin. A reorganization of the Chic. A Atch. Bridge Co. foreclosed Mar. 4, 1898, per. plan V. 65, p. 366. Stock, $700,000; par,
sinking fund equal to the difference between the
$100 per share.
annual interest on the outstanding bonds and $30,000 will retire
bonds yearly at par and interest (by lot if not purchasable in the open
market). Year ending Ji'ne 30, 1900, gross, $86,898, net, $63,404;
other income, $10,607; charges, ^0,237; bal., sur., $43,774. President and Treas., Howard P. Eells, Cleveland, 0.-(V. 67, p. 578.)
BB.—
&
BB.—
&
A
(The) Atchison Topeka
& Santa Fe Ballway.— (See Map)—
The system operated July, 1901, comprised 7,809-76 miles of
railroad, and embraced an unbroken line of track from Chicago,
111., via Kansas City, Mo., and Albuquerque, N. M., to the Pacific Ocean;
also to Galveston, Tex., and the Gulf of Mexico.
Organization.—This company was organized on Dec. 12, 1895
under the general laws of Kansas, by the purchasers at foreclosure
sale of the property and franchises of the Atchison T. A Santa Fe RR.
Co. in accordance with a reorganization plan. (V. 60, p. 658.)
The railway company In July, 1901, owned in fee 4,667 miles of the
system, including the line from Atchison to the western boundary of
Kansas, 471 miles, and also all, or nearly all, the bonds and stocks of
the various companies in which the title to the other lines is vested. V.
68, p. 974. A list of such holdings is in the general mortgage (in V. 62. p.
732, 733, and successive annual reports). See V.69, p 1300; V.71. p. 27.
For operating and statistical purposes the syBtem Is divided as f ollows:
Miles.
875-30
4,817-54 Santa Fe Pacific
Atchison T. A S. F
1.127-81 S. F. A San Joaquin Val... 372-57
Gulf Colo. A S. F
Southern California, etc.. 487-37 South. Kans. Ry. of Tex.. 129-17
7,809'76
Total of all
San Francisco A San Joaquin Valley Ry. (operated from July 1,
1900, and merged in June, 1901) embraces 373 miles of road and
affords the Atchison an independent connection of its own to San
|
Francisco. V. 68, p. 426; V. 67. p. 841, 1355; V. 71, p. 605; V. 72, p. 1134.
In Oct., 1899, acquired entire $2, u 76,000 stock of Hutchinson A Southern.— V. 69, p. 954. In July. 1900, a majority of the stock of the Gulf
Beaumont A K. C. was acquired and in Dec. 1900, over two-thirds of
the $2,916,000 bonds and 97 per cent of the stock of the Pecos Valley
A Northeastern, the latter at a cost of $2,675,902. In Aug., 1901, the
Eastern Oklahoma Ry. was incorporated to build 14 lines in Oklahoma, aggregating 815 miles, 250 miles being authorized to be conBtrnotecL— v.78, p. 736.
Stock.— The preferred stock has preference as to dividends and
assets, and entitles the holders to non-cumulative dividends after
October,
1901.]
KATLROAD STOCKS AND BONDS.
9
1
SUPPLEMENT.
IN VESTORS'
10
lu bat- ri beta will confer a
;r.'«i
favor by
ul
RAILROAD.
vlns Immediate notice of any error dlacovered In these Tables.
Bonds— PrlnciINTEREST OR DIVIDENDS.
Miles Date 8ize, or
Amount
Par
of
of
For explanation of column headings, etc., see notes
Outstanding
Road. Bonds Value.
on first i«.i»;e of tables.
At. <t CAur— (Co/0— Inc. oil*., not cum ) ext.m 1900
1st M.. $1,500,000. g Ce
Atlan. Knoxr. rf .Vo.
U inc.. $1,500,000 (trust. REst. Tr Oo.^N."X
First M. coup, scrip. July, 1900.—V. 69, p 1148
Atlanta <t West h>m(— Stock
AV—
"ibo
1881
83
66
.
i
1
OP
1897 100 Ac.
1900
"Too
100
100
1900 100 &c.
I
102
192
674
59
59
23
27
468
1883
isso
1898
1881
177
86
,
.
W
al trust certificates
- iii .toWil.,N.C.*c.KSBa.c*
I>iv..: ~- M. _
1899
1897
1894
1889
1896
1,000
1,000
1,000
1,000
1,000
|
1SS1
1875 500 &0
1890
1,000
1,000
1885
100
lndebt.fordiv'din'87,non-cum.,lno...
rts. of
s;»s
100
.
M
1.000
1,000
IS-;)
1890
1901
pi
All. CitS 1st con M .$4,000,000. g.,P.A
Atlantic Coast Line Co. (Conn.)— Stock. $30,000,000
...
...
("tfs. of Indebtedness ) $0,000,000 r.SUu
s red. at 105 aft'r 20 yrs.SBa
Income, non -cum.
Allan. Coast l.in, RR. — SX\i., com., $20,000,000.
Class "A" com. stk. tax exempt (Kieli. A l'ct.ctfs.)
Preferred stock, 5 per cent, $20,000.000
indebtedness. $3,000,000. 496 If earned.
Cheraw <Sr Pari, and Manchester A Aug. bonds..
- C). cons.
No
g., Flor. to Ch .irle.-Cu.c
Wilm. Col. A Aug., 1st ML, (Wilm. to Columbia).
1st M., $8,000,000, g.SBa.c*
gen.
Petersburg M., class A. gold
class B, g., (Petersb. to Weldon).
Do
K clmi d A Petersb.. 1st mort. ($24,500 are 7s) ..
0*
Con. M.. g. (Rich, to Pet., etO.Ce
id A Wei. gen. M. ($938,000 are 4s) SBa.g.c
.
1.000
1,000
86
Debenture certificates
ntic City— 1st M
$2,200,000, gold. (iuP.xC
Coast, prior hen mortgage ($350,000) cold ..
1st mortgage
Camden County
I
$500
1880
1896
1896
230
230
I
Yad
.
Wil.
A New Hern,
Alb.A Ral
,1st
M„
assumed. SBu
g..as>d(H Mt to Plym.)SBa
1st M., gold,
110
102
A Cir., 1st M..g.U .i't.,Ya.toTar.,N.C.).Ce.O"
o"
2d mortgage, gold SBa
>
Nor.
i'.ooo
1,000
1.000
30, 1896, not exceeding 5 per cent per annum, as declared by the
board of directors out of net profits. No other mortgage and no
Increase in the preferred stock can be made without the consent of a
majority of all the preferred stock and of all common stock represented at a meeting. The total authorized amount of preferred stook is
fl31,4S6,000. of which $10,800,000 is reserved to acquire other
lines; also $6,846,470 in special trust for improvements, extensions, etc. Pref. stock eertitlcates in Supplement of April, 1897, page
June
Common
stock authorized, $102,000,000.
Dividends.— On preferred, 1 p. c, paid Jan 26,1899; July 20, 1899,
1>4 p. c; lnl900, Feb., l^p. c; Aug„2ijp. c. in 1901, Feb., 2^ p. c;
Aug., 2 «p. c. First div on common, |1>« p. c, paid June 18, 1901;
Dec. 2, 2 p. c —V. 7:?, p. 783
Bonds.— The Gen. Mort. (Abstract V. 62, p. 731-739, see also V. 68,
p 974) Is to the Union Trust Co of N. Y. as trustee, and gives a lien,
either by direct mortgage or by collateral trust, on the entire system
of 7,371 miles of railroad owned, together with all the equipment and
terminals owned by the company, and future acquisitions.
General mort. bonds can never exceed $165,490,500, including $96,990,500 issued in reorganization and remainder Issuable as follows:
3.
1
Reserved.
.
In
In 1896.
a To retire guarantee fund notes paid and car trusts at
not exceeding $1,250 for each $1,000 of old bonds... $15,500,000
Non assenting bonds from reoritanization of 18fc9
1,500,000
($1,560,950, since reduced to $634,710)
1,500,000
e Chicago i St. Louis 1st mortgage 6s.
improv'ts. terminals, second track, equip't, etc.,
For
under carefully guarded restrictions at not exceeding
$3.000.1 00 yearly, of which not over $760,000 fur exten-
1901.
$2,861,000
fc
676,000
1,600.000
li.F0a.50O
20.000,000
7.326,900
For acquisition of Atlantic A Pacific and other lines
The Adjustment Mortgage (Abstract V. 62, p. 739) is to the Central
Trust Co. as trustee. Interest is payable only out of net earnings
be
for the fiscal year up to 4 per cent and the rate is to
interest
determined on or before October 15 in each year
was non-cumulative till July 1, 1900, and cumulative thereafter.
Present issue is limited to $51,728,000, but when the $30,000,000 general 4s authorized for improvements as above have been issued (1. e.,
not before June 30, 1905), $20,000,000 additional adlustment 4s may
be Issued for the same purposes at not exceeding $2,000,000 in any one
year, but only by a majority vote of the adjustment bondholders. Interest—la Nov., 1897, paid 3 p. c; since, full 4 p. 0. yearly.
San Francisco <t San Joiquin bonds may be drawn at 110.
General Finances.— During 1900-01 $5,047,000 of the 4s, issuable
on account of capital expenditures prior to June 30, 1900, were sold,
raising the amount outstanding to *138,727,500.— V. 72, p. 282, 531.
In 1901 divid* nds on common stock were begun.— V. 73, p 733.
The total funded debt per mile of road July 1, 1901, was $25,283;
interest charge, $1,024.— V. 73, p. 734.
Gross, $9,704,573; net, $4,062,527
Latest Earnings.— 2 } 1901
Gross, 7,950,891; net, 2,848,806
mos. July ltoAug.31. j 190;
Deducting taxes and rentals, balance for interest in 2 months of
1901 was $3,7 2., 209, against $2,520,593 Road operated 7,860 miles
in 1900-1, against 7,809 in 1899-0. the operations of the San Francisco
San Joaquin Valley RK., 373 miles, being included in both years.
;
Report.—Annual meeting secona Thursday in December. Report
for year 1900-01 was given in V. 73, p. 718, 734; see also pa/e 700.
Average freight train load, 242 tons in 1900-01, against 221 in 1899-0.
1901.
1900
1899.
1898.
Tears end. June 30—
7.341
7,807
7,033
6,936
Aver, miles operated
$54,471, 322 $46,2:12,078 $40,513,499 $39,214,101
Gross earnings
Operating expenses 32,262,946 27,521,499 27,606,681 28,506,336
Net earnings... $22,211,876 $18,710,579 $12,906,818 $10,707,765
1900-01.
189P-00.
Net eamines.... $ A211, 86 $18,710,579
833,667
266.820
Otherincome. ..
Vet income.... $22,544,433
I/iTldend
or.
Dividend on
!
1
$18,977,399',
1900-01.
$2,239,096
Taxes, etc
Interest
BaL.surp.
preferred stock
common stock
Balance, surplus for year
1899-00.
$1,892,928
7,345,167
7330,-11
.$12,474,6 7
$9,739,304
(f^)6,708,'90 (254)3,139,566
flH*i 1.629. M31
..
$ .236.506
$6,599,738
of Executive Committee, Victor Morawetz; E
P. Ripley, President; D. L. Gallup, Comp.; H. W. Gardiner, Aist Treasj
Directors.—Charles Steele. K. gomer- Have', Edward J. Berwri. Geo.O.
Haven John G. McCollou.h II. itiemn n iviil. Tboma* P. Fowler, Victor
Morawetz of New York; B P Cheney. Boston; El ward P. Ktpley. Byron L
i.leed, Topeka.
.lobes. Howel Jonet, Chai
h, Chicago; Andrew C
vacancy.
Office— 59 Cedar St., New York.— (V. 73, p 81, 183,659, 718,
Officers.— Chairman
1
fi
731,
W
Atlanta
A
<
harlotte Air Line
veay System.)— Own* Chariot
The operating contract of 1881
.
H).- (See Map
to Atlanta. (Ja.,
Southern
209 miles.
Jiail-
(made with Richmond & Danville)
nas assigned to and accepted by the Southern Ry. Co. It requires
if gross
in At. & C. debt and 5 p. c. on stock
the payment of
earnings exceed $1,500,000, dividends to be G per cent and If they
exceed $2,500,000, 7 per cent.
;
:
;
R
$750,000
When Where
er
cen£
4
8*
,
657,000
1,600,000
2*
8*
5,547,i>00
4
g.
g-
Payable, and by
Whom.
Payable
A.
1,000,000
See text
117,911
5
1,232,200 6 in 1901
1,232,200
6
2.200,000
5 g350,000
5 g39,000
5
1,050,000
4 g.
10,000.000 4\> in •01
5,000.000
5 cur.
5,000,000
4
14,890,200 2\> in '01
1,000,000 2i-.in 01
18,850,000 See text.
4
3,000,000
14.000
.1.
J.
J.
J.
M.
&
A
A
&
&
&
&
A.
A.
A
J.
&
M.
J.
J.
J.
J
&
&
&
A
&
J.
J.
J,
J.
New
Dividend.
York,
earned.
if
Atlanta, Ga.
do
do
N. Phila..Read. Ter. Bldg,
Philadelphia.
O,
do
do
J,
S.
D.
Baltimore.
In 1900 paid 5
J,
Treas. Of., wilm., N. C.
do
do
do
do
do
do
J
somi-an Ch'ston. People's N.Bk.
.1.
J.
J.
J.
A
&
&
&
A
&
&
N. Y., Cuyler M. & Co.
D. New York & Baltimore.
J Bait.. Safe D. & It. Co.
J Richm'd and Petersb'g.
J,
do
O,
N,
do
Richmond,
Office.
Brown
Jan. 1, 1947
At Co.'s option
July 10.
'01,
3
Co's option.
May
1919
1948
1920
1951
1,
1,
1,
1,
Apr.
Apr.
July
Rep.16, '01.2io
p. c.
J
& N
A J
1.
pal.When Due.
Stocks— Last
O. N.Y.,Cen.Tr.Co.,54Wall Jan. 1, 1907
l). N.Y.,Man.Co.,40Wall.
Deo. 1, 1946
A
M.
868,000
5
800,000
A.
340,500
6 &$' M.
300,000
4>«g. A.
4,000.000 4g.&5g. J.
A.
2,500,000
7
380.000
6
M.
4 g. J.
1,800,000
500,000
4 g. P.
500,000
4 g. J.
1,320,000
5 g. A.
400,000
5 g. J.
Irredeemable.
July 1 ,'01,2%
Julylo,'01 t li«
July 10/01,1 »«
May 15/01,21*
1901.2%
July,
1938
Jan.
&
1943
1933
10, 1910
1, 1948
1, 1928
1, 1926
1, 1915
1, 1940
1, 1935
1,
June
July
July
Oct.
May
Apr.
J. N. Y.,Balt. and Wilming. July
do
& O,
do
Irredeemable.
Wilmington, N. C.
&N.
1937
O,
N. Y.,
& D.
& A
& J.
& O.
& J.
Bait., S.
tv.
Dep.
Bros.
&
do
do
Tr. Co.
do
do
N. Y„ Central Trust Co,
Bait. Safe Dep. &Tr.Co,
Dividends,) 1881 to 1889. 1890.
June
Aug.
1949
1,
1,
1947
Jan. ] 1944
Apr, 1, 1939
Jan. 1. 1946
1891 toMar., 1901.1nol. Sep
.'01
5*2
Peroent— J 5 yearly.
6 yearly (M. & 8.)
3^
Earnings.— For year ending March SI, 1901, gross, $2,722,198,
against $-\481, 663 in 1899-0. Apr. 1 to June 30. 3 mos., $645,292 in
1901; $513,339 in 1900. Pres., C. S. Falrchild, N. Y.— (V. 73, p. 553.)
Atlanta Knoxvllle & Northern Ry.— Road— Owns from Knoxville, Tenn., to Marietta, Ga., 205 miles; and Murphy to Blue Ridge
k
25 miles; trackage, Marietta, Ga., to Atlanta, Ga., 20 miles.
History.— A reorganization per plan in V. 62, p. 1040, of the Marietta
& North Georgia, foreclosed. Stook, $3,000,000. First mortgage bonds
for $500,000 in treasury June 30,1901; bills payable, $279,000. In
Oci 1901, the 2d mort incomes had been mostly exchanged for 5 p.
c preferred stock of an authorized issue of $1,500,000.— V. 72, p. 987.
Earnings.^2 months, < 1901
Gross, $93,496; net, $28,915
July 1 to Aug. 31.
<1900
Gross, 86,938; net, 31,902
Report for year ending June 30,1900, V. 71, p. 908. In 1900 01,
gross, $482,592; net, $138,785; int., $73,931; improvements, $329,578; balance, def., $^64,714.
,
Officers.— Pres., H.K.McHarg, 40 Wall St., N.Y. (V. 72, p. 987.)
Atlanta A Weeit Point HK.- Atlanta, Ga., to West Pt., Ga., 86 m.
Ga. RR.. June 30, 1900, owned $494,500 stock aud $388,900 deb. cert.
Operates a belt line around Atlanta, 5^ miles V. 71, p. 963.
Dividends begun in 1855 were for many years 8 percent per annum.
From July
1, 1884, to July, 1901, inclusive, 6 per cent yearly, J<fcJ;
1899, 25 p. o. extra (V. 69, p. 590).
Earnings.— 11 months, '< 1900 01
Gross, $691,033; net, $229,016
July 1 to May 31.
(1899-00
Gross, 655,387; net, 256,745
In 1900-1 gross, $740,689: net, $255,008. In 1899-0 gross, $702,475; net, $267,705; other income, $10,6 IV, charges, $182,141; dividends, $73,932; surplus, $22,253 —(V. 69, p. 590; V. 71, p. 963.)
Atlantic City
Camden to Atlantic City, 57 m. (double track);
branches, 33 m.; Wlnslow Junction, to Cape May, N. J., Sea Isle City,
Ocean City, etc., 177 miles; Mt. Ephralm to Spring Mills, N. J., 7 miles;
total, 174 miles. A consolidation in June, 1901, of the Atlantic City
RR., Seacoast RR., Camden County RR and Ocean City RR companies, per plan V. 72, p. 1278. Stock, common, $2,625,000; preferred,
$1,000,000 (par, $50). The Reading Co. owns the greater part of the
stock, and guarantees the new consol. 4s. principal and interest. Of
the latter, $3,450,000 are reserved to retire the old bonds shown in
table, above and $75,000 real estate mortgages and for improvements.
See V. 73, p. 81.— (V. 73, p. 31, 811.)
Atlantic Coamt Line Co.—This company, organized May 29.
1889, under the laws of Connecticut, owns a majority of the capital
stock and a large amount of the bonds in a system of railroad companies denominated for convenience the Atlantic Coast Line System.
The system includes about 2,228 miles as follows in addition to a half
interest in lease of Georgia RR. system (615 miles) acquired in July,
1899. from the Louisville & Nashville aud a sixth interest in the Richmond-Washington Co. (115 miles), purchased in Sept., 1901. V. 73,
p. 493; V. 69, p. 385, 591, 748.
Miles.
Company— USee this Co. Miles.
Company
Richm. Fredkb. & Potomac^.. 86 Chas. & Western Carolina IT.. 342
Atlantic Coast Line RR.ff 1760 Other lines
50
Central South Carolina H
40
fl See this company.
Stock.— As to rights of certificates of indebtedness, see editorial,
Oct.. 1897, Sup., page 3.— V. 65, p. 564; V. 71, p. 1310.
In Nov., 1898,
stock was increased to $10,000,000, the additional $5,000,000 being
distributed as a 100-per-cent dividend.— V. 67, p. 954. In December,
1900, were distributed $10,000,000 4 per cent certificates of indebtedness (including $2,500,000 of Atlantic Coast Line RR. Co.)as a 100p-c
dividend to represent the profits from the consolidation by which the
Atlantic Coast Line RR. was formed, $2,500,000 of which were purchased in the open market in Sept., 1901.— V.71, p. 697; V. 73, p. 493
As to securities pledged to secure equally tie certificates of indebtedness of 1897 and 1900, see V. 71, p. 1310.
CA6H Dividends, J 1895. 1896. 1897. 1898. 1899. 1900. 1901
P. r cent3
4
41*
l»n
\
3^a
5
412
Full interest has been paid on the certificates of indebtedness to
1901. -(V. 71, 697, 1106, 1218, 1310; V. 73, p. 493.)
Operates a system extending from
Atlantic Coast Line
Richmond and Norfolk, Va., on the north to Wilmington, N C, Charleston, 8. C.| and Augusta, Ga., on the south, with numerous branches:
Miles.
Lines owned.
Lines owned.
Miles.
Richmond, Va., to Charleston,
Branches, etc
802
Oct.
30,000,000
sions
Vol, LXXIII.
1,
RR.—
—
RR.—
8.
C
392
Norfolk, Va., to South
Rocky
Mount
Contentnea to Wilmington
Florence, S. C, to Kobbins
Sumter to Columbia
W ilmiugton,
115
105
138
43
Leaned—
Central RR. of S. CarolinaLane to Sumter, S. C
Other lines
Trackage—
Robbins to Augusta, Ga.,
etc.
42
12
31
N. C.,to Sanford.l 16
Total
1,796
Oho xnization— .Originally the AtlanticCoast Line of Va. (change of
name being authorized in Jan., 1900); in April, 1900, absorbed by
consolidation (per plan V. 70, p. 840, 893) the following allied properties: Wilmington & Weldon RR., 8outh Eastern RR., Atlantic Coast
October
90
KAILK<»>
MTtM'Kb
AiMD
BONDh
«
I
—
.
19
Subscribers wl'l roufer a
- r.-.u
KAll.KO\l»
For
SUPPLEMENT
INVESTORS'
f xpl&uatiou or ooluiuu headings.
ou first page of tables.
Ac see
.
Angus' a
So.
2 7S
I
178
118
53
B8
— lstoonsol. M..go.,gu..p.AI. eud.Ce.xc
Mt. Morris KK.— Stock
text)...
Avon (?m«fo
1000 $1,000
1901
100
1,000
1887
1899
1.000
$100
1894
1,000
93
1880
1,000
100
Baltimore tf A nnap. >.L. -Stock, coinuiou
1st M. $400,000. g.. subj. to call at 1 10. ., IM c Ua*
Baltimore Chesapeake J A tlan.— 1st inort.. gOldAo'l
I
28
87
.
Ciimb Vat. Ky. — 1st uiort., Interest rental.
3
5
( umb. Vat. KK — 1st inort.. interest rental
£ai<. rf fuiitd. V<W. KK £j(fii. Stock, 7 p. o.,guar.
"27
1st mortgage, interest rental
Baltimore <£ tlarrisourg RK.—M., gold ITIeBa.O*!
32
15
1st M. West. Ext. ($16,000 p. ni.),g gu.Me Itu o'
Baltimore «T Ohio— NKW SmiKITIKS OUTSTAN1) INO.
Common stock, authorised $60,000,000
Pref. stock. 4 p. « non-eum. auth. $00,000.000..
Prior Uen inort., gold, not suhj. to call. inc.. o*AT 1.017
1st niort.. gold, red., at 106 after 1923.lJs..o*Ar] 570
South west'n Dlv. 1st M., $45,000,000, g.F..o*<fcr 921
Pitts. Jo. A Mid.l>lv.<$20.000,000) IstM.g Ce.o**r
376
Conv. deben $15,000 000, gold, red., see text...
Undkklying Bonds— Undi k 1st uiort. 3*9 %.
380
Loan. 1853, extended In 1885. gold
/to/', rf
JJaif. <*
,
1898
1894
1879
1879
1.000
1,000
50
1888
1.000
1,000
100
100
!
,
,
H Coup., J.-J.; reg., Q.— J.
a Amount Issued July, 1901
1898
1898
1899
1898
1901
500
500
500
500
Danville Ky.— (See Map Southern Ry.)— West NorDanville, Va., 205 miles, three branches, 26 miles; James River
A
Junction to Clareniont (3 feet gauge) 51 miles; total, 282 miles. Leased
to Southern Ky. from Sept. 1,1899, to July 1, 1949, for taxes, repairs,
maintenance and cash rental sufficient to cover interest charges and
for Ave years ending June 15, 1909. $31,000 annually In excess
thereof; for remainder of term, $61,000. with privilege of renewa's
In addition the Southern Ry. agrees to pay the
for terms of t -9 > ears
same rate of dividends on the common stock as may at any time be
paid on its own common stock.— V. 71, p. 447.
Stock.— Common. $2,180,000; pref., 30,992 shares, par originally
$100, but reduced 40 per cent in 11*00 by payment from proceeds of
sale of bonds at about 90; further payments to lie made fiom issue of
$750,000 bends July 1, 1901. and latter part of 1904 and 1909. when
See V. 71, p. 181, 8t>2; V. 73. p. 722.
It will be entirely canceled.
Dividends.— On preferred 1 p. c, 1897; 1898. Sept. 1, 1 p. c 1899,
Sept., 1 p. 0. For dividends under lease to Southern Ry. see above,
and to partly retire the preferred stock.— V. 70, p. 1148.
Bonds.— Of the $4,425,000 fours of 1900 $3,925,000 are outstanding;
the remalning$50O,( oocan be issued only for improvements upon re<>f Southern Ry.
In 1898-9U gross, £596,900; net. $160,245. Report for 1897-98 was
;
•
In V. 08, p. 1-j4.— (V. 71, p. 181, 543. 862; V. 73, p. 722.)
* Gulf short Line KK.— Owns
from Ohooppe River
Extension proposed northeasterly to
miles, and southwesterly to 8t. Andrew's Bay,
Augusta, about
Florida, Hbout 335 miles in all. Successor to Midville Swansboro &
Red Bluff RR. Stock, (1). In September, 19ol, made a mortgage
for $1,000,000. as shown in table above. N. Y. office, 35 Nassau St.—
Atlantic
to Midvale, Ga.,
.
p.
about 32 miles.
M
013.
Atlantic A Lake Superior Ky.— In Apr., 1900, operated Metapedla, W.ue., to West Pa-pebiac, 98 miles; owned St.Gregolre to Nlcolet,
7m.; St. Francis to Yamaska, m.j Yamaska to Sorel, 10 m.; Laohute
t
Andrews, 7 m.; total, 128 miles. Also under construction, West
Paspeblac to end of wharf, 4 m.; Paapebiao June, to Port l)anlel, 21 m.;
ht. Gregolre to Chaudiere June, 67 m.;
Pierrevllle to Nlcolet, 15 m
Extension proposed m 1899 from St. Francois du
total, 107 miles.
Lac to Levis. Que., S9 miles, of which 7 built and 23 graded in March,
1899. Extension also purposed from Paspebiac, Que., to Gaspe, 80
miles Stock authorized, $ 10. 000. <H 0: par, $100. Honda, +20.000,000,
For 8 months ending June 30, 1900,
4s, none l-med to April, 11-01.
gross, $27,608; net, $1,088. President, Hon JR. rhibaudeau; See.,
Edgar N. Armstrong, Montreal.- (V. 68, p. 3*9; V. 70. p. 1148.)
Atlantic A North Carolina KK.— .Morehead City to Goldsboro.
N. C. 95 miles. In Dec, 1^-00, branch, from La Grange to Snow Hill,
15 miles, was proposed N.Carolinaowns$l, 266,500, $1,797, 200 stock.
Dividends.— ) '92. '93. '94. 1895. 1896. 1897. 1898. 1899. 1900
2
2
Percent.
E*rm>.'.- .— For year ending June 30,1900, gross. $218,166; net,
charges, $20,090; dividends, $35, 972; extraordinary expenses,
f89.2f>8;
113.355 balance, deficit, $86,149.— (V. 68, p. 472.)
to St.
;
$2220
22
;
—
cv-,- Map.) Valdosta, Ga.,
A; Western Ky.
to Jacksonville. Fla.. 118 miles, including terminal lines; opened for
through operation July, 1, l>-99; extension pr posed fiom Valdosta to
Albany. Ga., 75 miles, rtoad runs through a timber section, and makes
a short route from Valdosta to Jacksonville, Fla. Uses Jacksonville
Terminal Ky., and owns one-fourth interest.— V. 71, p 134.
At Valdosta connects with Ga. Southern A Fla. KK. and Sav. Fla. A
West. RR.; at Haylow with Sav. Ha. A West; at Crawford with Fla.
Southwestern,
Cent. A Penln.; at Jacksonville with Jacksonville
Flm. East (oast, F C. A P.. Plant System and Clyde Company ocean
and river steamers. -V. 68, p. 1022.
Atlantic Valdonta
&
Stock and Bonds.— Stock authorized, $1,750,000 each of compreferred; *»itstandlng, common, $1,000,000; preferred,
mon and
g.
5
g<
3
1
*.
4
3^
3^
g.
k.
g.
g.
123,500
4
ft.
,
London and Portland.
Sept.,
S.
8.
A.
A
A
S.
1901.3%
N. Y., Central Trust Co. Meh. 1, 1939
Savannah, Oa.
July 5, '01, 21*
N. Y., J .P. iM organ & Co. Deo. 1, 1924
New York, Erie RR. July 1, 1901
Aug.
Phila. , F. Ins.Tr. A8.Dep
1, '01,
Jan.
1,
5%
1910
Baltimore.
July 1/01, 3%
Bait., A. Brown A Sons Deo. 1, 1923
Phila., Broad St. Statu. Sept. 1, 1934
Farm.
do
do
do
do
do
Bait.,
N.
N.
IT
4g. M.
12,143.000
,
J.
A
A
M. A
M. A
* Coup., M.-N.; reg., Q -F.
J Coup., A.-O.; reg., Q.-J.
$3,089,470 additional Issuable per plan to retire underlying bonds,
Line railroads of South Carolina and Virginia Norfolk A Carolina RR.
(of Conn.) owns a majority of the stock,
lnclud'ng $10,800,000 of the preferred stock; also, $1,550,000 Atlantic
Coast Line of ». C. gen. 1st 4s, Ac— V. 70. p. 893; V. 71, p. 1116, 1310.
Securities.- Atl. Coast Line RR. of Va, class A, tax-exempt stock
was assumed as so much of the common stock of the new company.
The A. C. L of So. Car. 4 percent general mortgage if 1898 is for $8,000,000; $182,000 were ou June 30, 1900, reserved for improvements,
extensions, etc. and the balance unissued ($2,318,000) to retire, $ for
$, at or before maturity, the underlying bonds.
Dividends.— Dividends ou pref., 2^ per cent paid Nov. 15,1900;
1901. May. 2tg p. c. On common, including class "A" stock, 1 per
cent paid Jan. 10. 1901; July, 1»« p. o. (V. 72, p. 1278.) On certs, of
Indebtedness 2 per cent paid Jan., 1901.
Gross, $1,113,031; net, $290,944
Latest Earn's— 3 mos. ) 1901
Gross, 1,023,553; net, 300,432
> 1900
July I to Aug. 31.
Report.— Report foryearending June 30, 1900, was In V. 71, p 1116:
Interest,
Other
Balance,
Net
Gross
earnings.
income.
taxes, etc,
surplus.
earnings.
1900-1.. $7, ssl.653
$2,904,824
$131,012 $1,253,753 $2,152,406
3.2 5,147
1899-0.. 7,586.746
—(V. 71, p. 1066, 1116, 1218, 1310; V. 72, p. 1278.)
folk, (O
6
6
7
6
5
July 1, 1948
Aug. 1. 1931
Check from Co.'s office. Sep. 15/99, 2%
Balt..Nl.F rnrrs A P.Bk July 1. 1917
<fc
5 g.
Ao all. 310,530
1853 500 Ao.
A
N. V., Mercantile Tr. Co.
N. Y. Kniok. Trust Co.
A 8.
A 8.
A J.
A D.
A J.
A.
A J.
A J.
A D
A H.
A J.
5g.
47,872,000 4 In 1901
59,361.217 4 In 1901
1,000
& J
& O
g,
g.
1,797,200 2 In 1899
325,000
6
5.48-1.000
6
1.282.000
5 g<
1,022.900
5
n40O,000
5
225.000 2i«to3^
10
1,535,000
316,000
6 our.
358.000 6 In 1901
Ac. 69,704.428
&o. 65,970,853
Ao. 41,990.000
The Atlantic Coast Line Co.
Atlantic
5
334,000
1,250,000
48.500
72.800
270.000
230,000
tJir 0,000
240,000
1881
isst;
4
(I)
100
50
Bald Eagle V<i//<-i/— Stock. $2.600.0tK>
1-t M. orlg. 9400,000 (a. f.. drawn at 100)...FPxr
.
$3,925,000
£A$100
(see
it
[Vol LXXIII.
favor by -iviim Immediate notice of any error discovered In these Tables.
Bonds— PrinolINTEREST OK DIVIDENDS.
Miles Date Size, or
Amount Kate per When Where Payable, and by pal.When Due.
of
Par Outstanding
notes
of
Slocks— Last
Payable
Road. Bonds Value.
Cent.
Whom.
Dividend.
<«Z>an».— ls»tM..g..$4.425.000.iut. rental. Jle.o*
rf Gulf Short
00,000, gold.K
Atlantic 4 So. Carolina— Stock. 91,800,000
1st mortgage. 0325.000. RleBa
Atlantic <* St. Laicrence— Mock. 6i rental Grand Tr'k
Atlantic Yaldosla J IV. — 1st M.,g.. red. at llO.Ce.e*
4t<sru"<i rf Savannah— Stock 5* rental (Yntnil Qa.
A't.
All.
2
A
Meo. Bk.
do
do
do
do
do
July 1, 1929
July 1. 1929
July 1,'Ol.Sifl
July 1, 1931
Nov. 1, 1936
May
1,
1938
Co.'sOftlce,2Wall8t.N.Y Sept. 3, 1901.
do
do
do
do
do
1st coup. pay. Mar. '02
'01,2%
1925
1948
1925
1925
Men.
1911
do
do
do
do
do
N. Y., Speyer
O.
A Co.
Sept. 3.
July
July
July
Nov.
Oot.
I
1,
1,
1,
1,
1,
1,
1935
shown on next page.
$1,000,000. Par of shares, $100 each. Mortgage Is for $5,000,000, to
retire the $711,000 old 5s, extensions, eto.-(V. 68, p. 1022).
Earnings.— Year ending June3(>, 1900, gross, $198,294; n et, $52,833
fixed charges and taxes, $65,109; add surplus June 30, 1899, $19,738;
surplus June 30, 1900, $7,462. Gross earnings June 30, 1900, to
June 30, 1901, $235,432.
Financial agents and transfer agency, G. S. Baxter A Co.. 18 Wall St.,
New York. General office, Valdosta, Ga.— (V. 71, p. 134.)
Augusta
Savannah ic it .—Milieu to Augusta, Ga., 53 miles,
In 1895, re-leased to Cen. of Georgia at 5 p. o. on stock.— V. 61, p. 239.
Owns from Augusta to Sandersvllle,
Augusta southern
Ga., 80 m. (standard gauge), and Sandersville A Teunille RR., 4 miles.
Formerly leased to the South Carolina A Georgia, which guarantees
the bonds, prinoip»l and Interest, by endorsement. The Southern Ry.
In Jan., 1901. acquired about four-fifths of the stock, and so controls,
although the lease was annulled April 25, 1901. V. 73. p. 343. Common stock, $400,000; pref., $350,000; par, $100. -(V. 72, p. 935.1
A
RR.—
Austin & IVorth western RR.— See Houston &; Texas Centr'l Ky.
Avon Geneseo A flit. Morris RR.— Mt. Morris to Avon, N. Y.,
18 miles. Leased to Erie RR. Feb. 26, 1896, in perpetuity at 2^ p. c.
on stock for 4 years from Jan. 1, 1896, 3 p. o. for 1 year more and 3^
thereafter— (See V. 63, p. 512; V. 62, p. 318, 589.)
ltald Eagle Valley RR.— Owns from Vail Station, Pa., to Lockhaven, Pa., 51 miles; branches to Sugar Camp, etc., 42 miles.
Leased to Penn. RR. Co. for 99 years from Dec. 7, 1864. Rental, 40
per cent of gross earnings. Rental 1900, $261,870; other Income,
$6,189; int.. taxes, etc., $41,252; dividends (10 p. c), $140,625; bal.,
Pennsylvania RR. Jan. 1,
sur.. $86,182. Rental in 1899. $190,049.
1901, owned $706,250 stock.— (V. 66, p. 708.)
Haltimore A Annapolis Short Line RR.— Owns road from
Cliffords to Annapolis, Md., 22 miles. In 1897 acquired oontrol of
Annanolis Washington A BaltimoreRR. Co., owning 3,575 out of 3,580
shares of its stock, all pledged under the mortgage. Common stock
issued $358,000; there is also $500,000 of preferred stock authorized.
p.c.
Dividends-
1900.
1899.
1898.
1901.
5
6
6
6
For year to June, 30,1901, gross, $93,022; net, $34,151; oth. inc.,
$16,110; int. on bonds $16,700; taxes, $3,947; betterments, *2,857
div., 6 p. o., $21,480; surplus lor year. $5,277.— (V. 67, p. 1159.)
Atlantic Ry.— Owns Claiborne to
Ralttinore Chesapeake
Ocean City, Md., 87 miles; branch, 1 mile; total. 88 miles; from Claiborne to Baltimore, 42 miles, transfer is made by water; steamer lines
owned, 1,306 miles; total mileage owned and ooerated, 1,394 milesControlled by Penn. RR. and allied lines. V. 69, p. 541. 590. A reor.
gauization of Bait. & Eastern Shore, sold Aug. 29, 1894 (V. 59, p. 371),
etc. Pref. stock, $1,500,000 5 p. o. cumulative; common, $1,000,000.
Annual Report.— Report foryearending Aug. 31, 1900, In V. 71,
p. 1164, showing, gross. $626,915; net, $145,709; other inc., $5,488;
taxes, $6,248; charges, $62,500; bal.,surp., $82,449.— (V. 71, p. 1 1 64.)
Percent.
)
$
;
A
Itsili iniore A Cumberland Valley Rv.— Baltimore A Cumberland Vallev RR. Extension.— Bulllmore A H>trrisl>urg
Ky.— All under 50-year leases
to the
Western Maryland KR., which
see.
Baltimore A Ohio KK,- (See Map).— Road.— Operates from Balti-
more to Philadelphia and Baltimore to Chicago, Cincinnati and St.
Louis, the total mileage leased, owned and operateu being In July,
1900, 3,200 miles. The " Royal Blue Line" (see Central RR. of N J.)
gives the road access to New York, near which, on Stateu Island, it has
freight terminals.
When the pending reorganization of the branch lines is completed
the B. A O. will own and operate about 4.122 miles of roads, subject to
the several mortgages, as follows (fl See these companies.)
•
M—
(1,017 miles) Miles.
Prior li-n -<\4%
Bait, to Wheeling, Belpre, O., etc.. .683
Pittsburg Division (east of Pitts.).. 334
1st M. ft.— (670 ruile-)
Baltimore to Philadelphia and brs.118
Chicago.
111.,
to
Akron o
Brunches to Fairmont.
»ouih W. Oi<.Hii%
W.
M—
Belpre.
()..
:i69
Va.,etc... 93
viaClncin. to8t. L..etc.
921
Pittg. June 3H* <M-- (384 miles;.WUe«
BeHalreto Midland City, O
877
)
Shawnee to Sandusky
(
—
Other Lines
24
Staten Island Rapid Transit
1B7
WeBt Virginia 4 Pittsburg
348
Pittsburg a Western
31
Monon ahela River Kit
( lev. Terminal .v Valley
76
Operated from a o. I. 901
Cleveland Lorain A Wheeling Ry.
Wheeling tn levehmd, etc
T192
Ohio R'ver It It. Lines.
Benwood to Wheeling, etc.
1270
60
West Virginia Short Line RR
>
f
'
Pittsburg Junction Rli
4.122
Total ol all (adding Baltimore Belt and other lines)
In 1901 acquired majority of stock of Cleveland Lorain A Wheeling
Ry (V.72, p, 480), Ohio River RR. (V. 73, p 81) and West Va. Short
(V. 73, p. ?H5), in all 522 miles of road, and began operating
Line
RR
them on Aug. 1, 1901.
Historv.- Receivers were appointed In February, 1896, but on July
1, 1899, the road proper was returned to the company, the reorganization plHn (In V. 66, p. 1235,) having been consummated without foreclosure and the road and equipment vastly improved in physical condition. All direct obligations, except tnose shown in the table, were
either declared due and payable per order of Court and discharged, or
exchanged for new securities (see V. 69, p. 25,30, and V. 68, p. 1022.
The reorganization of the B. A O. Southwest, was effected and new
securities issued In Sept.. 1899, per plan in V. 67, p. 688, the consoL
mortgage of 1893 having been foreclosed, and the road virtually
October,
1901. J
RAILROAD STOCKS AJKD BONDS,
13
.
INVESTORS' SUPPLEMENT.
14
[VOL. L-iXIII.
subscriber* will confer a great favor by giving Immediate notice of any error dlacovered In tlieae Table*.
Bonds— PrinciKAll.KO.Vlx
INTEREST OR DIVIDENDS.
Miles Date Size, or Amount
pal.When Due.
of
eolumu headings. Ac, see notes of
For explanation of
Rate
When Where Payable, and by Stocks—Last
Ottatandlng
on
page of
first
—
Road. Bonds Vahfe
tables.
Concluded —
Bonus Droi klyiv; Phiob
8H*—\Oonol.)
•:.JeCon..lst M..ext. In 1896 In gold
Ponds Underlying Socthwsstkbh iuv. 34s.
B. A O. 8. W. A'A\. 1st M.. gold, $10,667,000. 0*
Baltimore
it
Ohio
)
i
Ohio A Mississippi,
.ill
Lm
issues
1868
Per cent. Payable
J.
A
J.
J.
A
169,000
1,000
1,000
37,000
48,000
1,000
1,000
1,000
1,000
1,009,000
•270,000
•219,000
5g.
5g. A.
54
1889
1,000
X350.000
5
—
1889
1895
1,000
1,000
700,000
955,000
5
11
11
11
o*
L886
S83
1S99
1S93
1890
1,000
1,000
1,000
1,000
1,000
1901
1871
1871
1889
1893
1895
1.000
1,000
1,000
1,000
1,000
1,000
i
Jitnc. * HID. 1> IV. 3 4 3
137 1886
Oant.O..$2.500.000.oon.lst Si.(lstl*n) g.Hella.o
116 1869
Sand. .Mans. A N> wart, ft2.90O.000, 1st M.t
7
1882
Pittsb. Juno.. 1st mort, $1,400,000. gold.
o
1894
o*
3d mortgage, $800,000, void.
1st M
::::
Pitts. Jo. Tor..
8500,000, pt„ go. p.4 I.BEfl
4g.
44
g.
N. Y. Office, 2 Wall
Farmers' L. &
do
do
4 to 7 Various
Bonos Underlying. Pittsh.
Me
Mo
'959, 000
.
Lkaski> Lines, Etc, Securities.
Bait. A N. Y. KK.. 1st M.. gold, guar. .UeBa.o.*r
vel'd Terminal a Valley- See that company.
Mouong. Ki\or KK.. 1st M.. c. gU. B. A- IMC. C
10,000, g., s. r not go., rod. ;it par
89
ev. vV roi —ruts, a w
K. K. S. KK. 1st
g., rod. (text) l'.H
Kap. Tr.. 1st M..$l,o< O.ooo. g., $ or B.Ua.0'
44
g.
i
M.
g.
7
6
t;;;s.ioo
Dividend.
J. N. Y.,
$1,000
281
1889
393 68-'91
Whom.
J.
J.
J.
St.
July
Tr.
Jan.
1946
1, 1990
1905-1947
A
A
&
&
S.
Sept.
J.
J.
J.
Jan.
is
O.
1930
1909
1922
1922
1907
N.Y.,N.CityBk.&Pitts.\ July
do
do
July
Pittsburg.
Oot.
g-
M.
&
N. N.Y'., J. P.
g.
g.
F.
J.
&
&
A. N. Y\ Central Trust Co.
D. Bait., Am. Bond'g & Tr.
5g.
J.
& D
6
4
A.
5
1,
Morgan & Co. May
1,
1939
Feb.
Deo.
1,
1,
1919
1945
Dec.
Jan.
July
1,
1,
1,
June
1,
1,
1935
1913
1904
1943
1990
,
M
.
a I.
2d mortgage, gold, guar., $2,500,000 S
a I. Ry.. 1st molt.. #l.ooo.ooo, gold lie
w. Va. a
.
o'
J
,o
13
159
•baled; red KeBa..o*
B. A O. F.Ql lPMb.Nr OHLli: ATlONS—
Real estate, car trusts, etc, June 30, ls'01
Cai trusts, *10.00 ',000, gold, due <i ann'lly.S.o*
Bait.** Potomac— 1st M.ituu.'i gold. s. t.,uot dr'u I 0"
1st M., road, guar., gold, sink. id., not drawn. to*
Consolidated mort.. *l0,ooo.ooo, void. situ., o*
Bo*g<>r<£ Aroos.— let M.. ($16,000 p. m.) g.G....c*
.000 per mile), gold. I
8dmort{
M.
P., 1st
g. 6»,
14
92
93
211
.11
.
mn
Largely ownod
or for Baltimore
i>y
A
Olilo.
i
7
1
,
•
m
Of which to retire prior lien bonds in 1925
75,000,000
Of which issued or issuable for reorganization purposes.
50,000,000
For the enlargement, betterment or extension of the
properties covered by mortgages (1) and (2), or for
extensions, additions or equipment, at not exceeding
$1,500,000 a year for the first four years and at not
exceeding $1,000,000 a year thereafter
37,000,000
Reserve for new company, all issued (V. 71, p. 83)
7,ooo,oco
(S) Southwestern Division 1st Mortgage 34 per cents.
Virtually a first lien upon the properties constituting the B. A O. Southwestern RR. system, or the
securities representing the same, covering about 921
miles of first track and about 30 j 4 miles of second
track and sidings. Total issue
$45,000,000
Of which to be issuable only at the rate of not exceeding $1,000,000 per year for the enlargement, betterment or extension of the properties covered by lien.
5,000,000
Of which in partial exchange lor old bonds
35%540,oSo
Sold to syndicate for cash requirements
4,450,020
(4) B. <t O. Hiitsburg Junction dk Middle Division 34 per cents.
ExMeted to be ultimately a first lien upon the railroads of the Central
Ohio system and Pittsburg Junction RR. Co., 385 miles in allTotal authorized issue in no case to exceed
$20,000,000
Of which to be issued only at the rate of not exceeding
$1,000,000 per year for the first two years and
thereafter at the rate of not exceeding $500,000 per
year, for the enlargement, betterment or extension of
the properties covered by the first mortgage
5,coo,ooo
Of which in partial exchange lor old bonds...
10560,000
Sold to a syndicate for cash requirements
4,000,00c
Balance for contingencies
431,000
Jfote.— The underlying bonds still outstanding in July. 1900, are in
table above. The underlying stocks still in the hands Of the public
were: Central Ohio common stock. $23,784 preferred, $4,560; Newark Somerset & straitsville common, $90,450; preferred, $89,030.
.
common, $645,150;
preferred, none.
1901 are convertible at the option
/
stook at par on 30 days' notice in writing
of tke holder into common
may be called for ;>aj ment at par ami intei est on
to the compauj they
any interest day, beginning Mar. 1, 1902, either wholl] or partly In
tie Inverse order ol their numbers.— V. 72. p. 262; V. 7:;, p. 337.
TUe car trusts of 1901 cover loo locomotives, 4,000 steel gondola
CH", 2,500 DOS cars, 2,000 ->ti;» hopper cars and 500 flat cars.
Pitt* Jet.
|5j
The
4 per cent
•'•
>>
;
g.
g.
44g.
1,976,683
10,000,000
1,500,000
3,000,000
3,000,000
3,360,000
1,050,000
J.
J.
•
A.
g.
"Tg.
£
j.
g.
6g. A.
J.
J.
J.
5g.
shown
ts
&
&
&
&
0. N. Y., foot Whitehall St.
&
&
&
&
&
do
J.
New York
D.
0.
do
City.
Apr.
New
York, 2 Wall St. To Dec. 31,'10
and London. July 1, 1911
do
O.
do
Apr. I, 1911
J. Bait. Office, Calvert St. July 1, 1929
J. N. Y.. Guar. Trust Co. Jan. I, 1943
J.
do
do
July I, 1945
j.'dY'j.
*•
5
|
.
1
2,500,000
511,000
4,000,000
Bala nee of ontstan ding ainouu
'
*
p 121 •». In January. 1900. uew securities were issued
under ti.e plan ot reorganization of tin Cent. Ohio ami other leased
lines V. 67, p. 688. 1 lo9, 1206, 1356. In Dec, 1899, acquired substanthe Monongahela River KB
Fairni nt to
tially all the stock ol
v. 69, p. 1345. On Oot 9, 1901, the
Clarksburg, W. Va., ol miles,
P1tt>l>urg A- West* n was purchased at foreclosure sale.— V. 78, p. 785.
ostroi..- On Jan. 1,1901, the Pennsylvania RB.
ffSYLl lKU KK.
Hoper owned $16,000,000 ami tin- Northern Central $i.ooo,000 additional preferred stock, since which the holdings of Peun. interests
hove been increased to a preponderating amount.—V. 70, p. 229; V.
72, p. 480, 531, 580, 935
Stock —Authorized issues: Common, $60,000,000, being increased
from $.15,000,000 to provide for t eoouverslun of ihe debentures of
ral Finances" below.; pref. 4 p. c. non-cumula19v
tive. $60.000.00<); nutstandu g, see table above and "General Finandividends are limited to 4 p. c.
(See V. 71. p. 1166,
ces." Pref. stick
•ad t-L.lt., p. U43. V. 72, p. 1186.) Voting t.ustdissolved in Aug ,1901.
Bonus.— (li i'rior Lien 34°b, a tlrst lieu on main line and branches,
Parkers burg branch and Pittsburg division, about 1,017 miles of
first track, and 964 miles ot second, third and fourth tracks and sidings, and also all the equipment now owned of the value of upwards of
$20,000,000. or hereafter acquired. Total authorized, $75,000,000, of
which $5,000,000 to be issued only after Jan. 1, 1902 (at not exceeding
81.000,000 a year) for the enlarginent, betterment or extension of the
properties ooverod. See application to list, V. 69, p. 30.
|2) first Mortgage 4 per cent Gold Bonds, Due July 1 J04S, but subject
to tall, in whole or in part, after July 1, 1923, at 105; a first lien on
the Philadelphia, Chicago and Akron divisions and branches and the
Fainnount Morgantown A Pittsburg RR., covering about 570 miles of
first track and about 332 miles of second, third and fourth tracks and
sidings: also on the B. & O. Terminal property and the Baltimore Belt
KK They are also a lien subject to prior lien mortgage upon main
Hue, etc. See application to list, V. 69, p. 30.
Total authorized Issue In no case to exceed
$165,000,000
merged.— V.
4,500,000
x 1,000,000
j. Bait. Office
in
In first
1
t
ft
The West Virginia & Pittsburg
hand coliuuu areow ned by B
&O
agreement in V. 67, p. 1310),
has been operated since Sept. 1, 1899, under a 99 years' lease, for 4 per
cent on the mortgage, to be appropriated to payment of bond interest,
the B. & O. having the option for 5 years to purchase the bonds at par
ml accrued interest on 00 days' notice. V. 69, p. 439.
The B. 61 O. in March, 1900, agreed to purchase on or before Feb. 1,
1903, at 125 per cent and interest the $2,400,000 Pittsburg Clev eland
a Toledo bonds (or not less than 70 per cent thereof), with the option
by the bondholders to exchange for new securities under any reorganization plau approved by B. & O. prior to that date. V. 70. p. 632.
In 1900 the reorganization committee held $273,000 of the $350,000
Baltimore A New York bonds.
Dividends.— Dividends on preferred, 1900, 4 p. c 1901, 4 p
(M.&S.). On common, 1900, 2 p. c , Sept.; 1901, 4p.i. (M.&S.)
General Finances.—In Feb., 1900. $8,600,000 first 4s and $2,500,
000 B. A O. Southw. 34s were sold to purchase most of $10,000,000
Pitts. <& Western first mortgage bonds and for improvements, $2,052 000 of the $3,500,000 P. & W. second mortgage bonds having been
acquired in July, 1899, the road being purchased at foreclosure sale
ou Oct. 9, 1901. V. 69, p. 132; V. 70, p. 229, 278, 738; V. 71, p. 803;
(see
11
;
V. 73, p. 783.
Holders of common stock subscribed in May, 1900, to $6,398,900
common stock at $30 per share. In Sept., 1901 the authorized common stock was increased from $45,000,000 to $60,000,000 to provide
,
for conversion of debenture 4s then in progress, and a further issue of
$25,000,000 was contemplated to finance the acquisition of the Cleveland Loiaiiiifc Wheeling, Ohio River and Pittsburg <fe Western (see
each company). Voting trust dissolved in August, 1901.
In 1901, stockholders subscribed lor $15,000,000 4 per cent del entures at par, the proceeds to be used for construction and imoiove*
ments.-V. 72.
p. 282, 337.
In April, 1901, made $10,000,0(0 equipment bonds, $1,000,000 due
yearly Dec. 1, 1901 to 1910, covering 9,OoO cars, etc., as abovestated.
Earnings— From July 1, 1900, to Sept. 30, 1901 (2 months), including B. & O. Southwestern in both years, were:
1901
Gross, $12,633,422; net, $4,853,547
1900
Gross, 11,348,717; net, 3,658,5t:i
Aivnual Report.— Report for year ending June 30, 1900. was in V
71, p. p. 907, 91b, the results including the West Va. & Pitts, lrom
Sept. 1, 1899, and the Mouongahela River from April 1, 1900. 'See
also editorial, p. 836.1 Average rate per ton per mile, 4-55 mills in
1899 0, against 3 90 mills in 1893-9; average revenue train load, 372
tons, against 342 in 1898-9.
Kor year ending June 30, 1901. gross eai ulngs, $47,114,430; net
(over taxes), $15,097,696; annual interest charge, $8,064,940.
B.
A
O.
AND
B.
A
O.
SOUTHWESTERN
(?,V00 MILES).
For year end. June 30. 1899-0.
Sch. Riv. E. Side e rns.
$333,178
Freight
$31,324,792 Miscellaneous (net)...
50,612
Passenger
8,335,685
Mail, express, eto
2,456,928
Total net income.. $15,285,976
Total gross earns. $42, 117,405
Operating expenses... 27,644,130
Net earnings
Other income
$14,473,275
—
Dividends and
on
int.
Payments—
and rentals
Taxes and miscel
Int.
$7,475,171
903,649
Div. on pref. stock....
2,400,000
do do com. do ....
1,673.560
Discount, eto
293,365
owned
$428,911 BaL, applied to impts. $2,540,231
BALT. & OHIO PROPER (2,278 MILES).
Tear ending June 30—
1899-0.
1898-9.
1897-8
Miles
2,278
2,047
2,047
uross earnings. ...
$34,890,227 $28,404,922 $27,722,787
Net earnings
$12,359,444
$6,62 1,599
$7,446,695
*ud inc. from oth. sources (net)
804,833
718,427
890,072
securities
Available net income
Executive Committee.—
L.
$13,164,277
$7,340,026
$8,336,767
Chairman; J. K. Cowen; 8. M.
F. Loree,
Prevost, John ,P. Greeu and James Medea; Pres., L. F. Loree; ViceOscar G. .Murray; Sec, C. W. Woolford; Treas., J. V. MoNeal.
The Penns] Ivanla KK. is represented on the hoard by S. M. Provost]
Pres.,
John
P. orecn,
Samel Rea and James McCrea.
The other
directors'
are:
John E. Cowen,
Marti;; Ki -.inninn. Bid Ward II. liirriiiiun. Norinan B. Ilea re
Jacob H. ScbttT, barlea Steele, James siiihi ;m. Kciw.ud u. Bacun. KepreI,.
jenllrjg .siuie uf Mil
Victor Banguman, a. P. QormaD.
I
i
,
1
Leased Links.— .Schuylkill
Ii;\
Stamped [V. 68<
n jit.il equivanew company
bonds at 110 and
Side bonds,
a
on the existing bonds, but the
-
lent to intere-t at 5 ]> c.
..kill
ha- toe riifht to pu
iied interest at any Uu-e after Dee. 1. 1900, ami prior to Deo. 1,
on 30 days' notice. If not so purchased, the company will
i.
the ultimate payment "f the principal when due. V. 09, p. 1063.
-•aten Island Rapid Transit property wa* sold under foreclosure
to the 81,000,000 ftrst 6s, part of which were
1 April, 189;>, suhj, ct
rehasedfor the B. tk O. (V. 68, p. 189), The new 4s the B. <fe O. BB.
agrees to purchase at par and Interest in cash within 5 .'.ears, and
s. p. 189.
saeantime to Kuarant.e Interest th'
N. V. Office, 2 Wall St.-V. 78,
Ifiiltliiioic
p. 3
7, :;oo, :>:/J,
662, 783.
Potomac UK.-Owus
from Baltimore, Md., to
South End Long Bridge, Va., and branch, 44 in.; and from Bowie to
Pope's Creek, 49 m.j total, 93 miles— including tunnel in City of Baltimore; total 93 miles. Controlled by Penn. RR. Co., which Jan. 1, 1901,
A;
owned all the $3,000,000 consols, outstanding. In Oct., 1901, consolidation with the Plnla Wilmington <fc Baltimore RR. was proposed
ctock.-$5,531,100 (par $50). The first mortgage
V. 73, p. 723.
bonds are guaranteed by Pennsylvania RR. and Northern Central.
—
October
1901
AND
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AROOSTOOK
RAILROAD AND CONFECTIONS.
SUPPLEMENT.
INVESTORS'
1;
[Vol. LXXIII.
Subscribers will confer a great favor by giving immediate notice of any error discovered In these Tables.
Bonds— PrinciINTEREST OR DIVIDENDS.
RAILROADS.
Ainotmt
Miles Date Size, or
Par
of
Outstanding Rate per When Where payable, and by
For explanation of column headings, Ac, see notes
of
on first page of tallies.
Road. Bonds Value.
cent.
Payable
whom.
pal, When
Due.
Slocks— Last
Dividend.
I
Ban 4Ar.Con.) — 1st M. Pise T>. $1.500,000,g.G.C*
Van Buren Exten. 1st M .$5' o.ooo. g
«.c*
Aroostook No.
«;.c*
00, gold
Oo—Ot refund's uiort $20,000,000, gold.OB.e*
«.
Oartrnata
Bangor <* Portland— 1st mortgage, gold
Batli extension mortgage
Bat\ <t Bstmmomdiporl 1st mortgage, gold
Second mortgage, cold Ce
Beech Creek Stock (guaranteed 4 percent by end.)
1-
77
33
15i«
,
—
k
cat
1st M.. g,gnar. p. a L (end.)
2d M. (or $1,000,000, g.gn. p. 4 L (eml.Kl'ii e.tr
Clearf.Binim. Coal 1st >l..mt.iru.by Bh. Cr.,gcld.0
Beeeh Cr. Art.— 1st M., $1,500,000. g., gu.p.A.ti.U"
BeUaire Zantsctlit d Cin.— Prior lien mort.,red.atl05
.000 reserved for prior ltcu bonds)..
1st
Beit KK rf Stock Yard of 1 ndianaj>ol is—Stock
Pref erred stock, cumulative
1st mortgage for $l,000,0O0, currency
Belt A'y.— 1st M.irod. aft. Julv 1, 1903) g.McHa.c*
. .
O0.0O0 reduced by 8. f
r
$4,000,000
Bennington & Ru'land —See Rutland RR.
Birmingham tt Atlantic— 1st mort., $500,000
Bism. Washb'n if Gt. Palls - 1st M.. g., see text.CoAr
Bioomb'g <£ Snll.ran JiK.— 1st M., $400,000.... FP
2d mortgage. Income, non-oum., $200,000. .. FP
Boonrille St. L. d South. Py — 1st M.g $1,000,000.0*
Boston dt Albany—Stock ($30,000,000 authorized)
Bonds (not mortgage) ...
1
I
Bangor
A'
RR.— (Sec
Aroostook
$1,000
1,000
1,000
1,000
'96-'00 1,000
10
10
160
160
160
"60
1901
1889
1893
1886
1,000
1892
1,000
1891 100 Ac
1890
1
,000A
1,000
1,000
50
50
1881
1,000
25
1895
"64
67
67
67
1853
1885
1887
1893
1,000
1,000
1,000
1,000
35
46
30
30
44
394
1891
1,000
500.000
1,000 NoneOot.'OO
400,000
1,000
1,000
200,000
1,000
400,000
100 25,000,000 See
3.858,000
50
1898
1898
1881
1882
SI ap) — Oldtown, Me., north
43
K. Iron Works
to
Limestone
16
Bennington
A
Total operated
359
Organization.— Organized Feb. 13, 1891. State of Maine refunds
95 per cent of all taxes levied. For organization see V. 66, p. 855.
Stock.—Common, $1,050,000; 10,400 shares full paid and 100
shares, 5% paid; pref., 5%, non-oum., $1,328,000- paid in, $1,248,884.
Bonds.— For description of gold 5s on Plsoat. Division see V. 67,
p. 1159; V. 63. p. *4, 329. Van Buren Extension 1st 5s of 1899.—
V. 69, p. 952. In May, 1900, sold $800,000 ten-year Ave per cent car
trust notes to purchase 1,626 flat, box and stook cars. V. 70, p. 893.
Of the consol. refunding gold 4s, $12,500,000 are reserved to pay
off the outstandlug bonds, inoludiog those of controlled roads, car
trusts and preferred stock and to acquire suoh controlled roads, $3,000,000 for improvements over a series of years and $4,500,000 for
extensions at $25,000 per mile including equipment. V. 73, p. 286.
Gross, $108,965; net, $37,071
Latest Earnings.— 1 mo., J 1901
Gross, 107,901; net,
(1900
37,780
July 1 to July 31.
Annual Report— Report for year ending June 30, 1900, in V. 71,
In 1899-0,
In 1900-01, gross, $1,449,454; net. $541,043.
p. 857.
gross, $1,230,423; net, $488,085; oharges and taxes, $355,945; betterments, $79,020; bal.. surplus, $53,120. In 1898-9. $929,254; net,
$391,516.-(V. 71, p. 808, 85 7; V. 73, p. 286.)
Baneor A- Portland Ry.— Portland to Bath, Pa., 29 miles!
Nazareth Jet. to Martin's Creek, 5 m.; other branches, 5 m.; total, 39
miles. Stock, $510,000, all acquired in 1900 by Delaware Lackawanna A Western RR Bonds, see table. Dividend (6 pc.) paid Jan. 15,
1901. For 5 mos. ending Dec. 31, 1900, gross, $109,762; net, $53,952;
Interest and rentals, $16,319; div. (6%), $30,600; bal., sur., $7,033.
Owns road from Bath, N. Y., to
Bath A Hammondsport
Hammondsport, N. Y., 10 miles. Chartered in 1872. Stock, $100,000;
par, $100. Earnings.— For year 1900, gross, $38,463; net, $17,718.
Beaumont Wharf A Terminal.— V. 71, p. 287,865.
(See Map adjoining N. Y. Central. )— Road—
Beech Creek
Jersey Shore, Pa., to Mahaffey,113 m; branches, to Philipsburg, to mines,
Ac., 47 miles; total, 160 miles; trackage, 33 miles; total, 193 miles.
From October 1, 1890, leased to the N. Y. Central A
Lease,
Hudson River RK. for 999 years at interest on bonds and 4 per cent
on stock, and since May 1, 1899, operated directly as a part of its
Pennsylvania division. V. 68, p. 872. Carries mostly coal and coke.
8ee guaranty V. 52, p. 570. The bonds are endorsed with the New York
Central's guaranty of principal and interest. See V. 52, p. 570. (V.
95
RR.—
RR.—
Ac—
69, p. 128.)
Beech Creek Extension RR —( See Map adjoining N.Y. Central.
Pa., to Keating, 60 miles; trackage over Phila. A Erie to
Youngdale, 50 miles. A low-grade coal line leased to N. Y. Cent. A
Hud. River RR. for 999 years from May 22, 1901, bonds being guar1
— Clearfield,
anteed, Drin. and
int.
Stock authorized, $4,500,000.— V. 73, p 790.
A
Ry.—
Cincinnati
Owns Bellaire, O., to
Bellalre Zanesvllle
Mill Run, O., Ill miles, three- foot gauge; trackage to ZanesvlUe, 1
June,'95, Gen. Manager J. K. Geddes was made receiver; Inmile. In
terest due Jan. 1, 1895. on the prior lien bonds being In default.
In Sept., 1901, the reorganization committee (Frank
V. 61, p. 239.
8. Hambleton, chairman,) requested deposits of all classes of securities; Mercantile Trust A Deposit Co of Baltimore, depositary.— V 73,
p. 615. Stock: Common, $832,000; preferred, $795,910; par $50. In
year ending June 30, 1901, gross, $192,772; net, $42,057.— (V. 61, p.
239; V. 7:j, p. 615.)
Belt Railroad
Ac
Stock Yard of Indianapolis.— Owns 14
miles of belt road, etc. Leased for 999 years to Ind. Union— which see.
Dividends.— ) Preferred in Common '95. '96. *97. '98toOct.'01.
{full to date, stock p. c. 5
4*2
5 yearly.
Since 1894
In 1892 the " common stock had not paid less than 3 per oent
semi-annually (J. A J.), and at times more, for past fifteen years."
Pres., 8. E. Rauh, IndianapoUs, Ind.— (V. 63, p. 153; V. 66, p.334.)
Helt Hallway (of Chattanooga, Tenn.).—Owns 25 miles of
belt railroad in Chattanooga, Tenn. v. 67, p. 72.
Historv.— A reorganization of Union Ry. foreclosed June 17, 1895.
Leased till July 1. 1945, to Alabma Great Southern RR,; rental guaranteed to meet interest on 1st M oonds, taxes and maintenance.
Stock is $300,000, owned by Ala. (ireat So. Ry. There are also $24 0<>o -<<<,i <1 Income 4s. due 1945, but subject to ca 1 at par July 1,1903;
no Interest ever paid thereon.— (V. 63, p. bog.)
Owns from Trenton, N. J., to MaBelvlderc Delaware
nunka Chunk, N. J., 67. in.; Flemlngton RR.,Ac, 13 in.; operated out-ofl
1 m.; total operated, 81 miles. I/eased to United Companies, and transferred to Penn. RR. March 7, 1876. Net earnings paid as rental.
HTOCK.— Authorized, $4,000,000; outstanding Feb., 1900, $1,253,000; par, $50. Dividends: 1897 to 1901, both inclusive, 5 p. 0. yearly.
Bond*.— First 6s of 1853 and the $1,249,000 4 per cents of 1885-7 are
guaranteed by the United Companies, and their guaranty assumed by
the Penn. RR. under Its lease. Bonds of 1885, 1887 and 1893 are se-
RR.—
A.
A.
6
g
-
i
5
6g.
text
J.
A.
.1.
M.
J.
A.
& O
& O
& O.
& J.
& o,
& J.
a s
& D.
& O.
Q.-J.
& J.
J. & J.
J. & J.
A. & O.
J. & J,
J. & J,
J. & J,
Q.-J.
M. AN.
J. & J.
J.
Guar. Trust Co, Jan. 1, 1943
do
do
Jan, 1, 1943
do
do
Oct 1, 1947
July 1, 1951
N. Y., Guar Trust Co, 'emi-annually
N. Y., 26 Exoh. Place.
1930-1936
do
do
Moh. 1, 1925
New York City.
June 1, 1919
do
Apr. 1, 1923
do
N. Y.,
N. Y.,
Sta, Oct., 1901,
1,
1,
1,
1,
1,
1,
Jan.
Indianapolis, Co.
do
1%
1936
1936
1940
1951
1899
1940
July, 1901, 2»«
do
Oct. 1, '01, l»g
H. Newbolds. Apr. 30, 1911
offloe.
Phila., W.
Bait., Merc. Tr.
& Dep. July 1, 1945
Philadelphia, Pa. RR. Feb.20,'01,5%
Philadelphia, Pa. RR. June 1, 1902
Feb.
& D.
M. & 8.
F. & A
J. & J
M. & N.
J. & J.
J. A J.
J. & J.
F. & A.
Q.-M.
A. A O.
Grand Cent.
do
do
July
do
July
do
N. Y., Kniokerb'r Trust. Jan.
N. Y„ Gr. Cent. Station. Apr.
July,'94, coup, last paid. July
J.
do
do
do
do
do
do
Sept. 1,
Feb.
Jan.
In default.
York.
Phila., F. I. T. & S.D.Co
Phila., when earned.
N. Y., Amer. Ex. Bank
Boston, Of. Ter. Station
do
do
Nov.
New
1,
1,
1,
1,
Jan.
Jan.
Jan.
1,
1,
Aug
l,
1925
1927
1933
1931
1930
1928
1928
1911
8ept.30'01,
Apr.
1,
2%
1902
cured by the oonsol. mortgage of 1875 for $4,000,000, which provides
for a sinking fund of 1 per oent of outstanding bonds if earned.
Earnings.— In 1900, gross, $1,221,500; net, $381,451; interest, etc.,
$199,086. In 1899 gross, $1,186,012; net, $403,327.
Van Buren, with branches,
ililcs,
Miles.
Lines owned—
Brown ville to Caribou and br.. 205 Aroostook Northern, Caribou
B.
(»>
50
1901
1889
A.
5 g.
5 g.
5 g.
2,250.000
4 g.
980,000 5 g. & 6
320,000
6 g.
60,000
100,000
5
200,000
5 g<
4
5,665,000
5,000,000
4 g500.000
5 S<
4 g774,000
See text.
3*2 g.
216,000
6
1,138,000
4
1,000,000 5 In 1901
500,000
6
1,000,000
6
275,000
5
1.253,000 5 in 1901
1,000,000
6
500,000
4
749,000
4
500,000
4
1,000
1,000
erly to
Ashland Jet. to Ashland
Oldtown to Greenville and
$1,500,000
500,000
'80-'86
.
Belridere Delaware— Stock ($4,000,000)
1st mortgage, ext. In 1877, miarauteed
c
Cous.inort. i guar, by UnttedCo's A Pa. RR.,s.f..r
of 1875 s guar, bv UnttedCo's A Pa. RR., s. f . .r
1899
1899
1897
1901
Ac
Rutland Ry.— See Rutland RR.
Earnings.— Year ending June
30, 1900, gross, $277,582; net, $73,965; int. on bonds. $22,500; div. (2»a p. c), $20,000; bal., surplus,
$26,465. In 1898-9, gross, $243,364; net, $55,366.— (V. 70, p. 635.)
RR.—
Berkshire
West Stookbrldge, Mass., to Conneotlout State
Line, 21 miles. Road opened 1842. Leased April 1, 1893, for 99 years
to N. Y. N. H. A H. RR. for expenses, taxes and 6 p. 0. on stook, paid
Q.-J. 15 at Housatonio Nat. Bit., Stockbridge, Mass. Lease to Housatonio RR. suspended but not canceled. Stook, $600,000.
Bessemer
Ac
Lake Erie RR.— See
Pitts. Bes.
A L.
E.
and
V. 72
p. 136.
Birmingham
Atlantic
Ac
RR.—Talladega to
Pell City, Ala., 23
miles branches, Rogans to ore beds, 9 m., and Furnace to Weisingers,
3m.; total, 35 miles. Stock, $1,000,000, all common; par of shares,
$100. Year ending June 30, 1901, gross, $35,040; def. under oper.,
K13.067; bond interest not paid. President, Sidnoy H. March; Sec. and
Treas., John Carlsen, 25 Broad St., N. Y.
;
Bismarck Washburn
Ac
Great Falls Ry.— Under
construc-
from Bismarck, N. D.. to Washburn, 46 miles, to be completed in
1901, (26 miles operated September, 1901); projected thence to Great
Falls, Mont. Stook authorized, $500,000; outstanding, $200,000; par
of shares. $100. Of the bonds (authorized issue $7,000,000) $600,000
are issuable on the first 46 miles under construction and the balance
at $12,000 per mile. President, W. D. Washburn. Bismarck, N. D.;
Sec and Treas., C. C. Crane, Minneapolis, Minn.— (V. 70, p. 1248.)
Bloomsburg A Sullivan RR.— Owns Bloomsburg to Jamison
City, Pa.. 30 miles. Stook is $600,000; par, $50.— V. 66, p. 80, 952.
Year ending June 30, 1900, gross, $63,299; net, $32,835; interest,
tion
taxes, etc., $29,640; bal., surplus, $3,195..— (V. 66, p. 80, 952.)
Boise
Ac
Ry.—Nampa to Murphy, Idaho, 30-45
miles, completed July, 1899; sidings, -87 miles; total, 31-32 miles. In
1901 extension was completed from Nampa north to Emmett,
28 miles, under charter of Idaho Northern Ry., to be further extended
to Horse Shoe Bend, Idaho, 26 miles. Stock, $1,000,000; par, $100;
all common and all outstanding.
Year ending June 30, 1900, gross,
$34,219; net, $16,746. President, W. H. Dewey, Nampa, Idaho; Sec,
R. E. Green. Boise.
Boon v le St. Louis A Southern Ry.—Boonville to Versailles,
Mo., 44 miles. Leased to Mo. Pac. for 30 years from July 1, 1880, at
annual rental of $25,000, taxes, expenses, etc Stook, $250,000; par
of shares, $125. Earnings not reported separately.
Owns from Boston, Mass., to Albany,
Boston Ac Albany
N. Y. 202 miles; numerous branches. 104 miles; leased lines, 88 miles;
miles. A consolidation of December, 1867.
total operated, 394
Taken over under lease on Nov. 10. 1900, by the N. Y. Cent.
Hud. Riv. RR. See below. V. 71. p. 697, 963. The lease runs for 99
years from July 1, 1900, the N. Y. Cent. A Hud. Riv. RR. guaranteeing rental of 8 per oent per annum on the $25,000,000 stook,
payable quarterly [Mar. 30, etc.], organization expenses, interest on
bonds, taxes, expenses of maintenance, etc. The B. A A. received
for certain property not included in the lease $5,500,090 in N. Y.
Cent. 3^ per oent 100-year debentures, thus adding -77 per cent per
annum to 8 per cent guaranteed on stock. See lease in V. 69, p. 282.
—V. 69, p. 1061,1102, 1246; V. 70, p. 74; V. 71, p. 645,963.) In
Jan., 1901, the issue of $2,500,000 of 3^1 per cent 50-year bonds
for increasing the terminal facilities at Boston was authorized; no
bonds Issued thereunder to July, 1901.— V. 71, p 1218; V. 72, p. 44.
Dividends Cash dividends at the- rate of 8 per oent yearly were
paid for many years prior to the lease. Under the lease 8^ per cent
are paid, 2 p. o. eaob in Mar. and Sept., 2^ p. 0. in June and 2 1* in Deo.
Stock dividend, 10 p. 0. in 1883 and 3% p. o. in 1886.
Report.—Report for 1899-00 was in V. 71, p. 388. See V. 73, p. 791.
Cross.
Net.
Oharges.
Year.
Dividends.
Bal., sur.
1900-1... $9,931, 396 $2,622,282
See above
1899-0... 9,956,138
2,439,666
415,980 (8)$2,000,000
$23,686
—V. 72, p. 935.
Nampa
Owyhee
i I
RR.—
&
—
—
Boston Ac Lowell RR.— Road Owns Boston to Lowell, 27 miles
branohes—Salem and Lowell, 17 miles; Lowell and Lawrence, 12 miles;
others, 59 miles; Middlesex Central, 11 miles; leases— Connecticut
A Passumpsic, 147 miles; Nashua A Lowell. 15 m.; Peterborough, 10
m.; Northern N. H., 83 m. (and subsidiary lines 90 m.); Stony Brook
ur., 13 in.; Wilton RR., 15 m. Leases were mostly assumed by Boston
A
Maine.
Leases.— Leased
in
1887 for 99 years to the Boston
A Maine at 7
per
annum on stock till Jan. 1, 1897, and 8 per oent thereafter.
Stock and Bonds.— Stook authorized, $6,529,400. The debentures
oent per
were described on page 2, Supp. of April, 1895. (V. 68, p. 84.) The
$100,000 note to Nash. A Lowell was paid off at maturity July 1, 1900,
by temporary loan. The $319,000 3 >i per cent bonds of 1901 were
issued to pay off the $100,000 note due July 2, 1901, and for impro vements.-(V. 71, p. 1218.)
9
RAILROAD STOCK8 AND BONDS.
October, 1W1.J
17
Subscribers will confer a ureal favor by giving Immediate notice of any error discovered In these Tables.
Bonds— PrinciINTEREST OR DIVIDENDS.
KAILROADS.
Fo>-
mln
Dftte
81
A Aib.— (Con .)— Bonds (not M.) $5,000,000.-0
Bonds, 99,500,000, currency
Boston it iesfsil—-8t00k..
Bonds, not mortgage
do
Bonds,
do
Bonds,
Boston A Maine gives
do
Bonds,
a rental guarantee
8*
do
Bonds,
for 99 years.
do
Bonds,
do
Bonds,
do
o..
Bonds,
Boston dt Maine— Stock, common and serlp.OB
Preferred stock. 8 i>er cent. non-cumulative. OH.
[mprovem't bonds, s. f., not mort. or sub), to call
Improvom't bonds, s. f., not mort. or subj. to call
e.tr
Bond* (not mortgage) for hup. a ref
o«fcr
Bonds, not mortgage, void
Bonds. $5,45 1.000, g., secured by Fitchh. stock..
Improvement bonds, not mort,, $1,000,000. ...
stern RR.oerts.oflndebt.l8tM., g..s.f.,not.drn.o
o
Portsmouth Great Kalis A Conway 1st mort
Central Massachusetts, 1st M. IB, assumed. ...c,,
Debentures, 8500,000, assumed
Charleston land mortgage notes
Port, .v Booh. Terminal bonds (no mort.) ass'd.c
Boston rf Pro*.- Stock, 10 p.o. guar. 99 yrs., Old Col.
o*
Bonds, not mortgage
Boston Revert Beach J Lynn Stock
o\tr
1st mortgage, $1,000,000. goldSB
Boston Winthrop A Shore 1st mort assumed. Ill
ourreucy.OB. .cAr
Boston Terminal Co.— 1st mort.,
Brad. Bord. <* Kinzita— 1st M., $300,000, g.ITIp.e*
Brooklyn rf Kocka iro Bench.— I st M.. $350,000,g. 0'
..
Bost.
0r
Amount
!&,
of
of
explanation of column headline, Ac, Bee notes
Road. Bonds
on tirst page of tables.
O^Ui.ullnK
Value.
|
1885-9
1892
L89S
1895
1896
1897-8
1
—
1.000
1,000
500,000
750,000
414,000
1,000
Too
....
....
....
....
....
....
111
73
99
....
....
....
68
....
1,000
1887
1,000
1892 LOOOoto.
1,000
1,000
1894
1900
1901
1876
1877
1886
1895
Var.
Var.
$A £
500
100
1892
....
'88-'93
1,000
27
100
1897 1000 Ac.
1,000
1886
1897 1.000A0
500
1892
3^
1891
'
"
5
....
1,000
HR.— Road—
New Hampshire:
Miles.
Ijttmtt ttsmfflf
I
W Div
Boston to Portland, E. Div
ay June., Me., to North
way. X. H
Portsmouth Elec. Ry
I
Miles.
1115
1194
1T80
7<
9
73 Trackage rights
16 Total operated July 1, 1901 .2,264
Double track (3rd A4thtr). 512
54
Controls Me. Cent, (which see). 822
St.Johnsbury A Lake Champ. 131
99
11
York Harbor A Beach
169
24
Vermont Val. of 1871
.
Portland, Me., to Rochester,
N. H
No. Camb. Jet. to Northampton, MasSundry branches
Lines leased.
A Lowell
A Montreal
Connecticut River RR..
Other
108
.
Boston
Line* leased— (Ootid.)
!
Nashua A Lowell
116 Worcester Nashua A Roch...
Bostou,Mass.,toPortland,Me.
26
Sullivan County
H484
1T417
id
1458
IT See this company.
Fitchburg
The lease of the Fitchburg RR. is for 99 years from July 1, 1900.
Organization, Etc.—An agreement with N. Y. N. H. A H. regarding division of territory was made in 1893. (V. 56, p. 464.)
>CK.— In April, 1901, stockholders subscribed to $1,464,300 new
common stock to acq ire the cvntral Massachusetts RR., $270,900
additional being sold since July 1 for that purpose.— V. 73, p. 721. Of
took outstanding July, 1901, $1,128,200 was held by
the trustees as collateral for Eastern RR. certs, of indebtedness.— V. 69, p.
.
794; V. b>, p.427.
Dividends. J '87 '88 '89 '90 '91 '92 '93 '94 to Jly, '99. From Oct. ,'99,
See below.
6 yearly.
On common. \ 10% 9 9 9*a 9 8 8
Dividends Oct., 1»99, to Oct., 1901, 7 per cent yearly.— V. 69, p. 642.
Bonds.— As to debentures see Scitlement of April, 1895. Under
the lease of the Fitchburg RR. the B. A M. issued its $5,454,000
fifty year 3 per cent gold bonds to purchase, $ for $, the same amount
of Fitchburg common stock held by the State of Massachusetts and by
The stockholders voted Oct. 9,
private persons.— V. ,70, p. |175.
1901, to authorize $1,000,000 bonds for permanent improvements
on various leased lines.— V. 73, p. 553, 783. Notes payable June
30. 1901, $500,000.
M. guarantees $1,328,000 first 5s of 8t. Johnsbury A Lake
B.
Champlain. Also interest on $274,000 Manchester A Lawrence 4s.
Jointly with Maine Central guarantees $300,000 Portland Union Ry.
8tation bonds.
•>42,
I
&
annual Report.— Annual meeting second Wednesday in October
Annual report 1900-01 in V. 73, p. 721, showed results as follows:
1P00.
1899.
1901.
Tear Ending June 30.
2,26o
1,787
1,715
Miles operated June 30
$9,069,118
$8,522,202
$11,147,757
Passenger department
11,986,441
10,286,339
17,880,746
Freight department
1,378.302
1,093,043
1 ,082,066
$30,406,905 $22,148,602 $19,890,607
$6,583,585
$6,141,963
$8,888,120
Net earnings
$6,841,184
Net, includ. other Income
$7,260,959
$9,856,833
1,088,163
1,091 ,635
Interest
1,268,588
3,220,159
Rentals
3,296,655
5,199,234
Taxes
1,200,599
1,105,649
1,547,315
1,234,002
1,515,304
Dividends
1,645,000
151,285
64,717
67,829
Sinking fund
Balance, surplus
$45,413
$45,411
$172,017
—(V. 72, p. 987; V. 73, p. 31, 81, 133, 235, 335, 337, 553, 721, 783.)
Officers.- President, Lucius Tuttle, Boston; Treasurer, Herbert T.
:, Boston;
Comptroller and General Auditor, W. J. Hobbs, Boston; Clerk, W. B. Lawrence, Boston.
Directors— Lucius Tuttle, Richard Oln«>y, Walter Hunnewell, Henry R. ReedBoston; Juse^h H. White, Henry M. Wnitney, Brookdne, Mass.; li. C. Ledyara
Henrf r. i>im<<ck. C. M. Pratt, New York; Samuel C. Lawrence, Medlora; A.
Franklin, N. H.; William Whiting, Holyoke, Mass.; Alexander
Malls, express, etc
Total gross earnings
'
:
':-ant.
Hi.noo.
Boston
A Providence RK,- Owns Boston, Mass., to Providence,
R. I., 44 miles branches, 20 miles leases 4 m. Leased for 99 years,
April 1, 1888, to Old Colony RR.; rental, 10 p. o. yearly on stock.
;
;
Boston Revere Beach
A Lynn BR.— Owns narrow-gauge road
from Lynn to East Boston, Mass., 9 miles, connecting with Boston by
company's ferry boats Boston Winthrop A Shore Div., East Boston to
Winthrop, 5 miles, with branches 3 miles. Of the 4^8 of 1897 $289,000 reserved for Boston W. A S. 5s; balance unissued is for improvements. (V. 65, p. 68.) Notes payable July 1, 1901, $140,000.
;
DmDENDS.
)
1888-91. '92. '93. '94. '95. '96. '97. '98. '99. 1900. 1901.
7 yearly. 5^ 5 4^ 4 3
2
2
2
2
Earnings.— Year ends June 30. Report for 1898-9 in V. 69,
Per cent.
5
Year.
1900-01
1899-00
-(V. 65,
Gross.
$407,395
374,340
p. 68,
568; V.
Net.
<t
taxes.
$56,085
53,024
1000; V. 69, p. 953.)
$73,085
70,024
67, p.
Int.
2
p. 953.
Div. paid. Bal.,surp.
$17,000
17,000
A.
F.
4
4
4
M.
7 In 1901
6
4
4
4
S
A
.1.
F.
J.
J.
M.'
J.
cV
A.
A
A
A
do
do
do
do
do
A.
A:
Causeway
A.
J.
J.
A" 8.
A D.
A. A O.
A. A O.
J. & J.
A. A O.
Q—J.
J. A J.
J. A J.
J. A J.
M. A S.
Text.
A. A O.
M. A N.
Oct.
May
1,
1,
1903
1913
1915
1916
Oot.,1917A18
L91S A 1920
Feb.
Moh.
July
St.
\
]
1,
1,
1,
Oct. 1, '01, 1*
Sept. 2/01,3%
Feb., 1905-07
Feb.
Aug.
Jan.
1,
1,
1.
July 1,
1931
Baring Br. Sept.
Boston, at
1913
1905-6-7-9
Apr. 1, 1932
do
do
do
do
do
Bost.; Lond.,
Due,
Slacks— East
Dividend.
Jan. 1, 1951
July 2, '01,4%
do
do
do
do
do
do
do
do
Boston, at Olllce.
Q.-J.
M. A 8.
F.
F.
g.
do
do
do
do
do
do
do
do
A.
.1.
do
Boston, at Office,
.1.
A.
3^
4*8
A
A
do
J.
& J.
A O
J.
3 g.
5,454.000
(t)
See text
6 g.
8,208,415
41g
998.000
5
2,000,000
5
100.000
4
594,800
4
113,500
10
4,000,000
4
2,170,000
850,000 2 In 1901
561,000
4»flg.
5
289,000
3»3
14,000,000
4 g.
249,000
6 g.
338,000
500AC.
1,000
1,000
.1.
4
4
8,1
'85-'87
The system with Its many branch
11 ii i nc
Ko.ion
lines covers the territory from Boston, Mass., to Portland, Maine,
(two divisions), Springfield, Mass., Shorbrooke, Can., Rotterdam Jot.
and Troy. N. V.. Worcester, Mass., to Portland, Me., and all important places In
19,800
1,500,000
1,919,000
2,500,000
6.000.000
100
1/
A
•j;;,»i:i7,2sK)
M.
N.
Various
4
'liO.OOO
'99 '01
A
o.
J.
4*
1,000,000
i'.obo
O. Boston.Ottioe Term.Sta
A.
3»«
8
250,000
3,675,000
1,000,000
is>:i
Whom.
A
A
A
A
4
See text.
8,599,400
pal, When
Payable, and by
Payable
Cent.
$;i, 627,000
1893
1901
$100
..
When Where
Rate per
June
ottloe.
1.
1,
1937
1942
1944
1950
1906
1937
Oct. 1, 1906
Boston Office A Fed.Tr. Oot. 1, 1906
do
do
Sept. 1, 1906
do
do
Oct. 1, 1907
Boston Term., room 526 Oct. 1, '01. 2>«
do
July 1, 1918
do
Boston.
July 1, '01,1%
Boston, State 8t.Tr. Co. July 15, 1927
Boston, State Nat'l Bk. Hept. 1, 1906
Boston, South Station. Feb. 1, 1947
1942
N. Y.,Met. Trust Co.
May 1, 1931
See text.
Boston Terminal Co.— Owns Southern Union Depot in Bostou
V. 68. p. 40; V. 69, p. 591. Bostou A Albany, New
A Pro v., Old Colony and N. Y. N. H. ft Hartford RR.
opened in 1899.
England, Boston
owns one-fifth of the $500,000 capital stock and pay as rental
monthly instalments sums sufficient to pay all expenses, charges,
These companies are
Interest on bonds and 4 per cent on stock.
Registered intjointly liable for any deficiency in case of foreclosure.
erest payable Q.— F.; coupons F. A A.— (V. 69, p. 129, 591.)
Bradford Bordell A Kinzna Ry.— Owns Bradford to SmethCos. each
in
port, Pa., 26*1 1 miles. Leases Ormsby Jo. to Mt. Jewett. Pa. (Big Level
Kinzua RR.), 10-48 miles, and Mt. Jewett to Kane, Pa.(Pitts.AWest.)
11*49 miles; total operated, 4808 miles. Stock, common, $300,000 authorized; $249,000 issued; par, $50. Year 1899-0, gross, $91,842; net
$25,127; int. taxes, etc, $25,17*2; bal., def., $45. President, George
L. Roberts, Pittsburg, Pa.; Sec, J. B. MoGeorge, 30 Broad St., N. Y.
V.68,p. 1179; Y.69, p. 228.
Brooklyn A Brighton Beach
ft
RR.—
Brooklyn A Rockaway Beach RR.— Owns road from East
New Vork (Brooklyn) to Canarsie Landing, Jamaica Bay, 3*2 miles (of
whioh 3 miles double track), and operates ferry to Rookaway Beach.
Operations suspended during winter months. Payment of interest on
first mortgage bonds has been deferred to early part of 1903, a syndicate meantime holding option to purchase property; if option is exercised a majority of bondholders has agreed to accept new bonds for
present holdings. V. 73, p. 783. Stock is $150,000; par, $50. Loans
and bills payable Sept. 30, 1900, $85,900; real estate mortgage, $55,877. In year ending June 30, 1900, gross, $8,609; def. under operating, $7,183; other income, $3,801; int. and taxes, $26,528; balanoe,
deficit,
$29.910. -V. 73, p. 783.
Brunswick A Birmingham RK.—Projected
from Brunswick,
Birmingham, Ala., 373 miles, with branches, making a total of
a^o it 450 miles, of which about 75 miles graded in July, 1901, (28
miles of track being laid), operation of a portion of the line having
been begun Aug., 1901. Construction was said to be "proceeding
rapidly." Stock and bonds authorized, each $15,000 per mile. Pres.,
E. C. Machen; Sec. and Treas J. S. McMaster, 277 B'way, N. Y.— (V.
Ga., to
,
72, p. 531.)
Brunswick A Western RR.— See Sav.
Buffalo Creek
Flor.
A West.
Rt.
RR.— Owns
6 miles of terminal road in Buffalo
N. Y. In January, 1890, leased for term of charter less one day, to the
Lehigh Valley and the Erie RR., which together own entire capital
stock of $250,000. Dividends In 1898-99 to 1900-01, incl , 7 p. e. yearly.
Buffalo Rochester A Pittsburg Railway.— (See Map.)—OpeT
and Rochester, N. Y., to the bituminous ooal regions:
Lines owned in fee—
Miles.
Leased—Entire st'le own'd— Milet.
Buffalo Creek, N. Y., to Howard
Johnsonburg & Bradford RR.~
June, Pa
Howard June to Mt. Jewett. 20
35
ates from Buffalo
Clarion June, to Walston, Pa. 62
Rochester to Ashford, N. Y
94
Four branches to mines
16
—
Trackage
Erie—Mt. Jewett to Clarion
Pitts.
A West.— Butler,
J.
.
44
Ribold Jo., Pa., to Allegheny
RR
& Charlotte
10
1
Leased— Stock not owned.
Allegheny & Western— IT
21
Punxsutawney to Butler, Pa. 60
Pa., to
Newcastle
Lincoln Park
Perry
Clearfield A Mahoning— fT
Clearfield to Beech Creek
Mahoning Valley
RR
RR. 26
2
31
Total July, 1901 (TTSee separate statement for this company) .. .472
Organization, Etc.—Successor in March, 1887, to the Rochester A
Pittsburg, which was foreclosed in Oct., 1885. Plan of reorganization
in V. 41, p. 516. The entire capital stock ($4,000,000) of the Rochester
A Pittsburg Coal A Iron Co. is owned (V. 66. p. 1088) and through that
company in May, 1896, control was acquired of Jefferson A Clearfield Coal A Iron Co. (see Miscel. Cos.) with $3,000,000 stock. For
bonds of these coal companies see table above. Clearfield A Mahoning
securities are guar. Allegheny A Western, see below. In Aug., 1901,
allied interests purchased 20,000 acres of coal lands in Indiana and
Armstrong Counties, Pa., which will require tho building of a 25-mile
extension.— V. 73, p. 444.
Dividends (p. c.) } 1892. '93. '94-96. '97. '98. '99. 1900. '01.
Preferred
6
>
114
1
2
2
6
5
City,
Pa
Common
4
)
Bonds.— General 5s for $5,593,000 are reserved for prior bonds, etc
The $3,000,000 debentures of 1897 are to be secured by any subsequent mortgage made except if made for refunding existing prior liens
or for extensions exclusively; debentures are subject to oall at 105.
any January or July. See V. 64, p. 706. R. A P. income 6s, $5,000. A
sinking fund of 5 per cent will retire equipment bonds annually on May
1, if purchasable at or below par, otherwise to be applied to thepurchase
of a iditional equipment. V. 68, p. 1131; V. 71, p. 501; V. 73, p. 348.
Interest on debentures was reduced to 5 p. 0. from Jan. 1, 1901.— (V.
73, p. S48.)
Earnings.— 2 mos., .1901
July 1 to Aug. 31. J 1900
$539,323
396,411
Annual Report.— Fiscal year ends June 30. The annual meeting is
held at New York on the third Monday in November. The report for
1900-01 was given at length in V. 73, p. 335, 347. In 1900-01 carried
4,590,527 tons of bituminous coal (out of 6,771,074 total tons of freight
moved), against 4,561,172 in 1899-00.
Gross, $1,154,189;
Gross,
976,624;
net,
net,
IS
INVESTORS' SUPPLEMENT,
VCL. LXXIII.
—
.
OCIOBEK, 1901
UAILKOAD STOCKS AND BONDS.
]
10
Subscribe™ will confer a great favor by giving mtuedlule notice of any error discovered In these Tables.
Htmttx — PrinciINTEREST OK 1)1 VIDK.NDs.
KAII.ROAD8.
Miles Date size, or
pal, When Due.
Amount
Per When When Payable, and i>v Slocks— Last
of
of
Par
For explanation of ooluuin heading, Ae., see notes
Outstanding Bate
,
on
first
Road. Bonds Value,
page of tables.
—
Cans. m.. $1,000,000. *oid
ls;M
J.
J.
5g.
....
.
.
drawn
al 105.
.
10
1
....
—tm.o
1900
L896
1001
1001
g.
ti
g.
.1.
5
g.
M.
5
5
(ti)
g.
J.
J.
A
A
J.
J.
7 g.
.1.
&
1>.
000
000
304, 000
ooo
500 000
1 .0 0, 000
5Ab
il.June30—
1-
Gross
Net
Othr
e
-
A
L899.
172
B38
83,788,456
84,992,147
$1,863,267
19.988
$1.88 ,255
$683,321
4.1
Is98.
$l,172,t"43
13,512
$1,186,355
$668,110
330
127,964
336
#3,683,590
$1,122,018
22,514
$1,144,532
$665,966
4.264
121,981
303, !U
473,726
ppio'ns, etc
552,365
330,425
Dividend on pref..(6%) 360.000 (4%) 240.U00 (2%) 120,000(2%) 120,000
Dividend on com. .(2%) 120,000
Rentals
Balance
sr.$205,305 sur.$3i5,974 sr.$269,951 sr.$232,321
Officers.- President, A. (i. Yates, Rochester; Vice-President, Adrian
Iselin Jr.. New York; Treasurer, J. F. Dinkey, Rochester; Secretary,
New
H. iloeait.
Director?.-
1.
York.
Kennedy Tod. A.
(J.
Vates.
>..
Iselin. Jr..
W, H.
I'etklnim. H.
I.
Barber Walter G. Oikuiae. V. O'D. Iselin. J. H. Hocart, A. Richard, W. Euiien
truest Iselin. Oscar Gnscb, Jubn I,. Hiker.
N. Y. Office. 36 Wall St.-V. 72, p. 183, 241, 871; V. 73, p. 286, 335'
.
347, Ul.
neniahouing 20 miles; Cross Fork Branch, 12 miles; leases State line
to Wellfcville, 10 miles, and State line to Addison, 10 miles. Total
operated. 172 miles.
conseU latlon in April, 1901, of several lines
The stoeks and bonds of leased lines are owned. V. 73, p. 6.9. In
AprL1 1901 control of large coat property at Tyler, Clearfield Co., Pa
A
.
,
was acquired.
Stock.— Increased on April 1. 190 1, from $1,518,000 to $3,518,000.
Dividends—
>
1895. 1896. 1897. 1898
1899. 1900. 1901.
5
paid in Jan.,
4
5
Below
5
5
5
In 1901. Jan 5 p. c; in Mar. and June each, 1^ p. c. extra.
Bond?.— The sinking fund retires each year as many 5 per oents as
indicated by dividing total outstanding by number of years the bonds
,
have yet to run, purchasable In the open market, or subject to call at
par in order of numbers, beginning with the highest. — V. 65, p. 234.
The 5s »r« now being refunded into 4 per cent bonds of 1951.— V. 72,
p.
674. 371, 1034, 1279.
The 4 per c-nt bouds cover the entire pi operty, subj ct to the lien of
the 5s on 112 miles. They also cover 3, 000 acres of bituminous coal
lands at Tyler. Pa. Of the bonds not exceeding $3,760,000, including bonds set aside lor refunding purposes, can be issued on the 172
miles of road and the coal properties now owned. Further aniouuts
may
be Issued for the confetruction or acquisition of additional road
at not over $25,000 per mile, for new termiu is, c ntrolof co«l properties and fur new equipment.— V. 73, p. 619. Total authorized issue,
$15,000,000, but additional amounts at $15,000 per mile may be issued for double-tracking mileage already covered by the mortgage.
V. 73, p. 619.
EAnNDiGS.— 2 mouths, ) 1901-02
Gross, $12 p 522; net, $44,046
July 1 to Aug. 31.
51900-01
Gross,
96.285; net, 3-, 849
Repobt.— Report for year ending June 30, 1901, was giveu at
.
length In V. 73, p. 608. 619, showing: (iross, $721,965; net (over
taxes), $301,565, other income, $6,428; iiiterc-t and rentals, $94,445;
dividendspaid t7Mper cent. $138,840; bal., sur $74,408. In 1899-00.
gross, $732,991; net, $347,990.— (V. 72, p. 1279; V. 73, p. 286, 389,
*, «19.)
,
'•Bnrllu^ton. "—See Chicago Boklisgtox A Qcincy RR.
Burllii%ion Cedar Bapidt* A Northern By.— Operates:
Lines oicned in feeLeased— All slock owned —
Burlington, la., to Owatonna,
Iowa City & Western RR
Minn, (less 11 miles leased).. 278
Branches owned to Postville,
Riverside, Holland, etc
Leaded
Manly
l'jsi
A Tr. Jan.
ATr. Jan.
1,
1,
1007
1941
B.
M.
A
5
F.
5 %.
B g.
J.
A
A
.1.
.v-
4»a
1,000, ooo
Y„ 30 Wall
N.
street. Aug. 15, '01. 2
do
do
Aug. 15/0 1.3%
N. Y. Union Trust Co.
Feb. 1, 1921
do
Deo. 1, 1922
do
do
do
Bept 1, 1937
New York.
Jan. 1, 1947
do
do
Jan., 1939
do
do
June, 1002
.,
Rochester, N. V.
g
g.
M.
M.
N. V.. Guar. Trust 00.
do
Cheeks mailed.
Aug 1 5/01,2 "a
Guaranty Trust, June l, 1926
1)
do
do
June 1, 1926
8 N. Y., (lallatin Nat. Hk. Nov. 30, ly07
N
do
do
May 1. 1946
A.
I)
A
A
N. Y.,
Jan.
A.
J.
F.
J.
A.
A
A
A
A
A
J.
A
A
J.
A
A.
do
Various.
1002-1908
May 1, 1919
May 1, IS. 20
Buffalo, N. Y.
0. N. Y., 11. Fisk A Sons.
J. N. Y., Fisk A Robinson.
A. N. Y., Torn Exoh. Hank.
l). N. Y.. Central Trust Co.
do
O.
do
do
O.
do
June 30'0 1,1 l*
1,
01,3%
Auk.
1,
1,
June
June
1,
1.
1,
1906
1921
1934
1927
1.
Oct.
Apr.
D. N.Y. Continental N. Bk.
1913
1P51
Oct.,
Apr.
.1
l,on..Chpl.M.G.Co.Lim. July
1910
extensions bonds may be issued at $15,000 per mile for single and $7,
500 per mile for second track, the total author, issue not being limited.
Min/it ujiolis <t St. Louis bonds due June, 1927, numbered from 1,101
to 1,400, for $500 each ($150,000 in all), have been assumed.
Earnings.— 8 months,/ 1901
Gross, $3,272,786; net, $1,012 -01
Jan. 1 to Aug. 31.
Gross, 3,021,852; net,
S 1900
788,589
Annual Report.— Fiscal year ends Dec. 31. Annual meeting Is held
•
on last Tuesday in May. Report
Fe«r ending Dec. 31— 1900.
Miles oper Dec. 31
1,287
Gross earnings
$4,848,277
Net earnings..
1,250,8*2
Other receipts
260.981
Total net income $1,511,823
Interest on debt
$791,150
Dividends
(8)440,000
Miscellaneous
19,977
~
Surplus
$260,696
Cash assets prev.yr $1,321,958
Improvements, etc 1,970.469
Tot. sur. Jan. 1,'01.*$1,233,928
for
1900 was
1899.
.1,171
$4,926,933
1,432,761
123.101
$1,555,862"
$795,275
440,000
(8)
$320,587
$1,362,292
347.820
$1,335,059
in V. 72, p. 818.
1898.
1,136
$4,545,643
1,430,821
60.123
$1.4^ 0,944
$799,400
220,000
66.893
$404,t51
$650,378
20.186
$1,034,842
(4)
1897.
1,136
$4,292,162
1,243,330
40.031
$1,283,361
$799,400
220,000
472
$263,489
$546,694
(4)
20.781
$789,402
Includes $1,621,740 received in 1900 from sale of stock.
Officers.— Chairman, R. R. Cable; President, C. J. Ives, Cedar
Rapids, la.— Treasurer, H. H. Hollister, 17 Broad Street, New York,
N. Y.; Secretary, 8. S. Dorwart, Cedar Rapids, la.
Directors.— J. W. Blythe, C. P. Squtre. Thomas Fledge, W. Carson, Burling*
Butlalo A Susquehanna RR.waV Map. ;— Owns from Keating Summit to Ansonia, Pa.. 62 miles; Ualeton to New York State
line, 27 miles; Uaiues to N. Y. State line, 31 m les; Wharton to Sin-
,
l,
l
190O
1901.
4r 2
-'3.693
$2,394,661
2«,9
i».
N.
N.
m?
Pilt«bur» By.— (CONCLUDED.)
Total receipts
$2,421,587
Interest on bonds
$710,158
33
Int. on floating debt.
J.
Jan.
I).
.
1
A.
.1.
'-j
I,
—
d
A
A
A
M, d
5
l
1,500,000
1,7 10,000
1
A
Various
-
Miles June 30
A.
A.
P.
P.
P.
•JO
LOO
1,000
.000
1,000
1.000
I
in
1.000 000
1
I'if.s.
Butlalo Rochester
A
J. N. Y., Farmers' 1,.
J. N. Y., Farmers' L.
4,407, 000
1
...
in
1,300, 000
,000
,000
1.000
'90 '98
1
(i
007.000
L886
5 g.
o
Coal A Iron. 1st M., g., s f
1,085.000
...
5 g.
Oe.o'
ilvetla purchase money. .M..^'..s. f
IS, ooo
text
luffaioj SusquehaHnct—Qtook, $16,« 37,100 auth
:>oo Ac.
..000
5 g.
US
Si ., jr., s. f., red. at par
He
•l if.
1901 L.OOOAo
o**r
L76
3,021.000
1st reftin Ingmort., gold (see text).91p.
100
7.121,740 Gin 1901
dar Rapids if Sorlhem— Stock
Tr.
ti. .".00.000
187G 100Ao.
5
P.o**r
1st mortgage, law fi'l money
1.000
L.905,000
5 g.
Oed.Bap. I. F. a N. W.,oon. 1st M.,g.. guar. Ce o
7, 'J.")!), 000
trust. gold .. P.o Ar
All
1884 L, 000 Ac
B.C.K.vN. oon. 1-tM. a- col.
5 g.
1.".0,000
1877
500
Minuea
12
Louis, 1st M., gold (assumed). «'e
7 gon AQ INCT.
Burlitijjlo: .f .Ui Houn f~n< ley— See CHICAGO llL'i; LI S>.
•J!).".
*100 SI. 121. 700 See text.
Caloori, d Kdmonlon—lal msrt. lis. red. at 110
L890
Roeh. A
J.|N.Y„Knloker.TrustOo.
3,917 000
Var'us
....
000
8,000 000
ti.000
LOO
1,000
1 .000
1,000
1.000
1.000
1 .000
1881
L882
1887
1897
1889
1882
LOS
276
270
>
.
ild, a. f.,
6
250.000
37 1.000
Dividend.
A
A
A
5 g. J.
9225,01
100
P. 1st
Debenl
1.000
1.000
o
general M. (910,000,000) g. in.
$3,000,000, currency. .ill at L05..O.0'
Lincoln Park A Charlotte 1st M.,Kold,gu. Un.o'
Perrj Railroad 1st mortgage, gold, guar, i n
Keal estate moi tgage
B. R. A P. car trusts, gold
Bqulpm't bonds. 8500,000, g., s. f.. Ser. A. «;.<••
Equipment bonds, 8er. B., $1,000,000, g.,8. f «i
mrihss <>f AUied Coal Properties.
Jefferson A Clearfield C A I., pre! stock
O.o*
sinking Fund, dr w a at 105
A
B. K.
#1,000
1>s-j
whom.
Payable
Kkik Rvii.kovu.
Ru^i.o .v. T.4Mrii
Buffalo Itochesti r X l'ittsbur<j—Cou\ stock Tr
Prof, stock, dob earn.; oom.6%; then pro rataTr
K. .v l*. btM a'.. Rochester to Salamanca Un.c
K. A P. oonsoL M.. $20,000 per m.,gold, g Cu o'
Sk.k
1001
6
4 Birmingh.— 1st M. ,$6,750,000. gold.Kc*
Brumic.il Welt.— Si'i'Sw t'l A. A Wh-rEKST
r
Buffalo Creek— 1st mortgage
Brunsic.
Cent.
i
—
Jc. to
Northwood
310
Cedar Rapids,
I.
F.
A
73
510
105
11
Total operated Jan. 1, 1901. 1.287
Extension from Gerniania, la., to Albert Lea, Minn., 44 miles, completed about August, 1900. Extension from Albert Lea north to Faribault, about 48 miles, completed in Sept., 1901, giving with South st.
Paul Be.t Ry., purchased in 1901 (possession being taken Mar. 5)
entrance to the St. Paul Union depot.— V. 72, p. 392, 532.
HisTOET.-Successor to the Burl. Ced. Rap. A Minn., foreclosed 1876
Stock.— Authorized. $30,000,000; outstanding, $7,150,000, as increased in Dec, 1900; par,$lt0-V. 7 ,p 1066,1219. The Rock Island Co. is understood to be a large stockholder.
Dividends— J 1893. '94. '95. '96. '97. '98. '99. 1900. 1901.
Per cent.
3
6
Bosds.- Cedar Rapids I. F. dt N. W. bonds are guaranteed (p. A i.),
and so endorsed. \ 68, p. 185. 721.
Of the B. 0. R. <& X. 5* of 1884 (Central Trust Co., Trustee), bonds are
reserved to ietire, if deemed best, all prior and divisional bonds. For
334448
(3
.
la.; C. J.
d- n,
Musc-nine,
Ives,
Cedar Kapids,
la.;
la.; V. H. Grimed, Davenport, la.; J. CarskadK. R. Cable, J. C. Peasley, W. G. Purdy, Chicago, HI.; G.
W. Cable, Davenport, la.; A. Kimball, Davenport, la.; H. Maiher, Chicago.
-(V. 71, p. 1066,1219; V. 72, p. 86, 532, 721, 818.)
Butte Anaconda & Pacific Ry.— Butte to Anaconda, 26 milea
spurs, 22 miles Anaconda to Stuart, Mont., formerly part of Mont.
Union Ry., 8 miles; total, 56 miles. Bonds authorized at $40,000 per
mile. Capital stock, $1,000,000 (par $100). On June 30, 1900, the
Great Northern owned $490,000 stock and $1,000,000 bonds Anaconda Copper Mining Co. owned $510,000 stock.
For year ending June 30, 1900, gross, $826,569; net, $363,668; inter;
;
;
est, rentals,
etc, $59,499; balance, surplus, for year, $304,169.
dends at 6 per cent per annum in 1899-00.
Divi-
Calgary & Edmonton By.— Owns from Calgary, Canada, to
Edmonton, Can., 191 miles, and to Fort McLeod, Can., 104 miles.
Leased at cost of operating July
62, p. 1086.
1,
1896, for 5 years to Can. Pacific, V.
(of £16,000 per annum for 20
The Government subsidy
years) and total net earnings will be applicable to payment of interest, the balance of any coupon to receive scrip redeemable out of
surplus earnings. On Jan., 1897, coupon 1 p. 0. was paid; on July,
'97, coupon, 114 p. c; Jan., '98, 1% p. c; July, 2 p. c; Jan., 1899, 2
p. c; July, 2 p. c; Jan., 1900,1 M p. c; July, 2 p. c; 1901, Jan., 1*4 p. c
July, 2 p. c. Land grant 1,888,448 acres, of wuich407,402 acres unsold
held (Oct., 1901), by Government against subsidy. Stock $1,000,000,
par $100. In 1899-0, gross, $319,501; net, $121.t39.-(V. 73, p. 31.)
California Eastern By.—Owns 30 m., from Blake to Manvel,
Nev.
(n July, 1901, extension under construction from Manvel
tow aids Good Springs, 10 to 20 miles. A reorganization in 1896 of
the Nevada Southern Ry.
Stock, $588,800.
Mortgage trustee is
International Trust Co., Denver, Col.
Year ending June 30, 1900.
gross, $*9,911; net, $12,141. Pres., R.
Woodbury, Denver, Col.
California 4: Nevada RR.-V. 73, p. 82. Receiver, A. A. Grant.
California Northwestern By.— Operates under lease the San
Francisco <fe .-forth Pacific Ry., extending from Port Tiburon, Cal.
(whence ferry to San Francisco, 6 miles), to Ukiah, Cal., 106 miles, and
branches, 59 miles. Also, in Sept., 1900, began to build an extension
60 miles into the ledwood forests of Mendocino and Humboldt counties, Cal of which Ukiah to Laughlin, 10 in. les, are in oper tion, and
Ukiah to Willitts, 25 miles, 10 be about Jan., 901.
Stock, $3,000,000; issued, $1,500,000; par, $100. Bonds are. issuable
at $25,000 per mile, to be guaranteed by San Francisco A North Pacific,
leased for net profits for 20 years from Sept. 20, 1898 Pres., A. W.
Foster; V.-Pres., Geo. A. Newhall; Sec, aud Comp., Thos. Mellersh.
(V. 67, p. 370. 688, 78S; V. 73, p. 444
—
;
W
,
N. W.,
Holland, la., to Watertown,
So. Dak., Ac
Ced. Rap. A Clinton RR., m.
ton,
—
)
California Pacific
By.— See Southern
Pacific RR.
Hoover's Mill Branch
Jet, 52 miles: branches, 50 m. Stock (par $50) paid in $1,300,550 all
owned by the Pennsylvania RR. Co., which operates the property under
an arrangement terminable at option of either party. Net earnings are
paid as rental. A full abstract of the mortgage was in V. 52, p. 976. Of
the bonds. $632,000, were on Jan. 1, l! 01. owned by Penn. RR.
In year 1900, gross, $157,403; net, $144,351; interest and taxes,
$119,810. In 1899 gross $3e0,133; net, $131 ,354
Cambria A Clearfield BB.— Cresson
Jet. to
Camden A Burlington County BB.— Owns from Camden, N. J.,
toPemberton.N. J.,23 miles; branch, Burlington, N. J., to Mount Holly,
7 miles; total, 30 miles. Operated by the Pennsylvania RR., which
guarantees 6 per cent on stock. Stock, $381,925; par $25. Dividends
in January and July. In 1900, gross, $277,488; net, $42,352; profit to
lessee under rental, $1,937. In 1899, gross, $260,413.— (V. 64, p. 373.)
20
INVESTORS'
SUPPLEMENT.
[Vol.
LXXIII.
October,
HAILKOAD STOCKS AND BONDS.
1901. J
KA
II.
ROADS.
For explanation of column headings, Ac,
on
Miles
see notes
of
page of tables.
first
Etoad.
Date
30
M.. gold, 815.000 pel mile
60
g ($2,000,000, gu. i> Al.) s.f
BOI im KM PACI1 1C RE.
Si
102
Camfrria .< CUarricUl -1st M. ($2,000,000) g.GP
f'umiieii 4 Atlantic Bit W«8I JKRSK1 A Si k Siu> RE.
Camden u BwMnaton 0OH*tfir—Stock, 6 p. it. guar.
80
1st mort.. $330,000, gold, gu.p.4 Lbs P.RR.GP o'
L88
rtoaada .w/uHfiV-- 1st M.. g. isee v. 62, i>. 277). Fo"
....
Ciimutii Mich, a? chic- 1st mort B< e V. 63, p. 888
Cal. Sorthw.— 1st
0a/i/or»u<« I'acirtc
M
.
stock
S< <• V 83 p. 88
M. $14,(KH).0CM) (Can. moiie\
2d M. for $6,000,000. Canad'n money. Do.ao.ou
1st
».
t'lalrlst
M..goM,
-Win.v
1
|1,000
1,000
1,878,000
Vor
/i'm
6
g.
a
.1.
.V
O.
J.
a .o.ooo
1891
.1
A.
$441,000
1,000
1887
1888
459
....
....
404
1878
mi
l--.;
16
gu., p.Al.(end)
Dtv.Dds.g.(8eetazt)
Ontario Division, 1st mortgage dehentiiree
Cana.lmn Pacific— Stock (See text)
r
Pref stock Umlted to I !'• c. nun cumulative
Canada Central UK. 2d mortgage (now 1st)
Quebec Prov. due on Q. M. O. A O. anil N. 8 RR.
Can. Paoltlc, land mort. gold redeem at 110)
Cii'iiid'n
Ho,, its- Principal, When Due.
When
A
J. i'hlla.,
Baa
New York.
A New
l'l.iu.
York.
Apr.
1.
1,
1921
1928
StaCn.
.Ian.
1,
1941
July
i
TaMada Southern
A Bt
amount
1898
1
Leant.
INTEREST OR DIVIDKNDH.
or
Where Payable, and by Stocks— Last.
of
Kate per
Par
Whom.
Bonds Value. Outstanding rent.
Payable
Dividend.
EatCn— 1st
California
6,
til
•'ask
....
1800
1900
t
8,821
1st mortgage debenture sterling
c'.tr
183
1st mort. on Algouia Branch, gold
Land grant bonds, Int. gu. by Can. Gov't.. .o'Ar
son dated perpetual debenture stock
unship bonds. 4480.000
83
1SS1 500 Ao.
18S5 4100 Ac
1SSS 4100 Ac
1SSS 4 100 Ac
Ac.
4g
(0
47(1(1.000
JB10O
41
I'\
65.000.000 5 In 1901
4
31,171,000
6
973.333
4'20
7,000.000
5 g.
2,831,000
84,888,883
5 «•
3,650,000
3iflg.
15.000.000
4
60,369,083
A
A.
A;
.1.
A O
J.
,
A
A
A
A
A
J.
J.
J.
N. Y., <lr. Cent. Station. Aug. 1/01,1%
N. Y., Union Trust Co.
Jan, l, 1908
N. Y., Union Trust Co Midi. 1, 1913
Montreal, Bk. of Mont. Oct. 1. 1945
io:;o
30, 1930
A O. N. Y..59Wall8t. A Lon. Oct. 1, '01, 2>a
O.
London, Co.'s Office. Oct. 1, '01,
A-
A
London and Toronto.
June
2%
Various
A.
A.
St.
J. Phlla.,
A.
AD jo
J
•>•
Broad
Broad St.Stat'n Julv, 1901.3%
Feb. 1. 1927
do
dO
N.Y.,Bk.Mont.,A- Mont. Jan. 5. 1909
.t
Al
.1.
g,
1
,
1SS<)
•I
5 g. J.
t.460,000
Worthless.
15,000,000 2 In 1901 F.
.1.
5
1 1,000,000
M.
5
6,000,000
4 g A.
180,000
1880 jeiboAc
'82-
g.
6
881,820
O.OOO
88
1,000
1,000
1,000
LOO
1.000
1,0004m
l ,000
100
269
370
5
O.
Nov. 1, 1910
do
Mar.1,1904 06
Montreal.N.Y.orLond'n Oct. 1, 1931
London, Baring B. A Co. July 1, 1915
do
do
July 1, 1937
do
do
July 1, 1938
London, Comp'ys otlloe. Irredeemable.
Montreal.
1901
BaooaiTtn or Principal Leased, etc., Li NK8.
Manitoba 8. W. Col. R'y $12,000 p. in., Int. guar.g 218
350
Atlantic A Northwest— 1st uiort. gold, guar c\u205
North shore Ry.— 1st M. C. P. owns $610.767..
58
St. Lawrence A Ottawa— 1st mort., gold, see text
Ontario .v Quebec stock guaranteed in perpetuity
....
671
Out. A Que. ilebeit.. Interest guar, in perpetuity.
Toronto rev .V Bruce. 1st M.gohl. int. as rental.
191
< J
Canada Atlantic By*—/**
A D. N. Y., 59 Wall A London June 1, 1934
A J. London, Baring B. A Co. Jan. 1, 1937
do
do
Apr. 20, 1904
A. A O.
5
15J.AD. Can. Pao. office, London.
See text.
1876 450 Ao
4200,000
(6) 4
J. A D Montreal and London. June, '01, 3%
....
6
$100 $2,000,000
Irredeemable.
J. A D.London, Morton, Rose.
5
44,007.381
1883
4719.000
4 g. J. A J. Toronto and London.
July 26.2882
4100
Railroad of
Canadian Pacific Ity.— Road— Own a trans-continental railway
lS-il
1,000
2,544,000
1SS7 4100 Ao 41,330,000
iss3
4100
$616,120
if ip Ureal Northern
Ottawa, Canada, to Parry Sound via Alburg,
Yt.. with bridge over St. Lawrence river. 407*9 miles. Uses Vermont A Prov. l.nio Ry. to Swautou, Vt., there connecting with Boston A
Also has trackage Lacolle to
ae and Maine Central systems.
Rouse's Point, N. Y., 4 tuiles, there connecting with the Delaware A
Hudson and Ogdensburg A Lake Champ in in systems, the company
also runs through trams to Montreal, using the Grand Trunk Ry. from
Coteau Montreal. 37 utiles, under a traffic contract. Leases for 99
years the Central Counties Ry., extending from Glen Robertson to
Hawkesbury, 21 miles, and South Indian to Rockland, 17 miles; also
Pembroke A Southern Ry Pembroke to Golden Lake, 'JO miles.
ida Atlantic Transit 0o„ organised about Oct., 189'*, with
1,000,000 stoi k, will operate a tleet of steamers from Parry Sound to
Duluth Milwaukee and Chr ago— V. 69. p. 954. The Great Northern
Ry. of Canada will, together wit n the Canada Atlantic, form a short
throiuh route for ocean-hound freight Irom Parry Sound to the deep
water docks at Quebec— V. 70, p. 279.
t. $6,200,000 common and $1,000,000 preferred, all issued, together with *6,1 58.300 common. Earnings in year ending June 30,
1800, gross, fl.869,140; net, $306,Oj7.— (V. 70. p. 279.)
(—Owns
.
5
g.
5g-
J.
J.
Ocean, made up as follows July 1, 1901.
2.905 Under construction Julyl,
1.911
1901
60
2,653 Operated aoct. of owners
732
Also controlled but op. sep.—
94
UMinn. St. P. A Sault Ste. M.1,409
UDuluth South 8. A Atlantio 568
Total in traffic returns
7,563
liSee each co's statement.
History, Etc.— incorporated Feb. 18, 1881, under charter from Dominion of Canada, receiving $25,000,000 in cash as a subsidy, also
25,000.000 acres of land, all to be tit for settlement. The Ontario
A Quebec. Montreal to Toronto Junotion, 334 miles, was leased in 1883
for 999 years, and its stock and bonds guaranteed. In Aug., 1901,
control was purchased of th« Kingston A Pembroke Ry., Kingston
Out., to Renlrew, with branohes, 113 miles.— (V. 73, p. 444.)
Stock.—The company bought of the Dominion Government an annuity of 3 p. o. per annum on the common stock for the ten years 18841893, the last payment having been made in August, 1893. The issue
of preferred stock must never exceed one half the common stock.
from Montreal to the Paoirlo
Montreal to Vancouver
Branchos and auxiliaries
Leased lines
Used Jointly
'98. '99. '00. 1901.
Dividends—
Canada .tl iclii;;aii A Chicago.— Bonds worthless. V. 63, p. 838. Common p. c. V85. 3 y'rly 5 y'rly 5
> 4
2^ 2^ 4^ 4 5*2 Below.
Issued in 1894.
4 p. ct. yearly (2 A. & O.)
Canada Southern It)'.— See Map Neio York Central it Hudson R. Preferred p.o. )
Railroad.)— Ro a d— Main line from Suspension Bridge station, includOn com. in 1898, April, 2^ p. o.; Oct., 2 p. c 18H9,Apr.,2p.o.; Oct.,
ing the Cantilever Bridge to Windsor, Out., 226 miles; branches to
2 p. c; 1900, Apr., 3 p. c; Oct., 2^ p. c.;'01, Apr., 2^ p. c; Oct., 2^ p. c.
'86-'89. '90-'93. '94. '95. '96. '97.
<
;
457 miles, of which 100 miles are
nominally owned by proprietary companies. Trackage, St. Thomas to
London, OnL. 15 miles. Double track. 98 miles.
Organization. Contracts, Etc.—The Company was chartered in
Canada February 28, 1868, and debt readjusted in 1878. In Nov.. 1882,
a close contract was made with the Michigan Central for 21 years from
Jan. 1, 1*"J3, providing tor payment to Canada South'n of one-third joint
Under re-apportionment of December,
over tlxeii charges.
1892, it wa« agreed to give the Canada Southern 40 per cent and the
Mich. Cent. 60 per cent ol the tirst $1,000,000 of net earnings, any
amount over that to be divided on the basis of one-third and two-thirds,
as before. But under the original contract each company is still accorded
all benefit from the reduction in its fixed charges
consequently as the
•ttral to Jai
1, 1-.98, had reduced its charges about $327,irtright,Ont.,eto..231 miles; total,
;
.
000, that amount is credited to it before division is made V. 64, p. 5.
In Sept
^01. it was reported that arrangements would be made
on or beiore the ex.diation oi the lease on Jan. 1, 1904, for bringiog
this and o'her Vanderbilt lines Into
loser corporate relations witu
one anothei by exchange of securities or otherwise.— (V. 72, p.'/ 75;
V. 73. p. 615.)
,
1
i
Dividends— 1888
'89 "90 '91 '92 '93 '94 '95 '96 '97 to
Aug
,1901
3
3 2^ 2»a
2 yearly.
2Vfc 2^ 3*2 2*2 3
Bonds.— Bonds are payable in Canadian currency.- V. 63, p. 188.
Annual Report.— Report for 1900was in V. 72, p. 1134; Canada 8oBhare of earnings, $300,852; other income, $2,501; divi lends, *300,000; bal., surplus for year. $3,353. In 1899 Canada So. -ihare, $300,
574. Total sur. Jan. 1, 1901, $12,245.— (V. 72, p. 1 1 34; V. 73, p. 615.)
Since 1887
Canadian Northern Ry.— To extend from Port Arthur, on Lake
Superior to he Great Saskatchewan River at a point west f Cedar
Like, the main line to be 800 miles long, with brauches, 120 miles; 826
n lies (i, eluding 36 miles of trackage) ready for traffic in Dec. 11)00;
to he completed m 1901. The Manitoba branoh lines of the Northern Pacific Ry aggregati g 3 4 miles, with terminals at Winnipeg,
are sub-let from the Provincial Government for 999 years from May
1901, at a rental of t>210,000 annually for the first ten years, then
OO for ten \ ears, then $275,0o0 for ten years, and thereatter
.000, with the option
f purchase at any time for $7,000,000,
hue to e-ort Aithur to be completed October, 1901, and one t" be
ted fr'iu spragueto Duluth. to insure a winter rail route for
wheat. The Manitoba Government has the option to purchase the entire pioperty in 1929 at par value and guarantees certain of the bonds.
See ) elow and V. 72, p. 437; V. 73, p. 615.
Bunds.— The Ontario division 4**s will be a first mortgage on the
main line f ihat division, from Port Aithur to the Hainy Hiver at the
western boundarv of t e Province of Ontario, the terminals at Port
Arthur an on 5r0,000 acres of lan< grant, and will constitute a gencharge on the whole undertaking, subject to tiist mortgage
charges created or to be created at not over $10,000 per mile o the
various blanches f the Ontario division and on the Winnipeg and
.atehewan divisions and branches. Trustee is Nat. Bk. of Commerce, Toronto. Interest is guaranteed by the contractors, Mackenzie
Maun A 'o., of IVrouto, Can., until one year after the line is opened
for traffic. The principal (*20.000 per mile on the 290 miles) and interest at 4 per cuit will be guaranteed by the Government, but the
bonds are not to he issued until the cons ruction and operation of the
lines. ^and he present outstanding bonds are delivered in exchange,
for which tie Government has a mortgage on the entire property, including Northern Pac. lease and option to purchase- V. 72, p. 338.437.
•
,
(
;
Bonds, Debenture Stock, guaranteed Bonds, Etc.— In May,
1888, the company relinquished its exclusive right to operate in Manitoba lines to the international Boundary, receiving the Dominion Government guarantee of interest on $15,000,000 of land bonds. These
bonds are a lien on 15,444,200 acres of land subject only to $3,426,000
land grant bonds of 1881, which are redeemable at 110.
List of securities held against consol. debenture slock in V. 70, p. 536.
In June, 1890, company agreed to guarantee the principal ana Interest of $20,000,000 4 per cents, to be issued by the Duluth South 8hore
A Atlantic; also 4 per cent interest on consol. bonds of the Minneapolis
St. Pai 1 A Sault Ste. Marie and in 1899 interest on the 2nd mortgage
4s of the latter, and in 1901 interest on $1,25 1, 000 Mineral Range 4
per cent bonds. (See V. 50, p. 874: V. 51, p. 239; V. 52, p. 608; V. 68,
p. 669, 7/0; V. 73, p. 556.) Owns Dill. S. 8. A At. consols. $15,107,000.
To the Atlantic <£ Northwest Railroad, crossing the State of Maine,
the Dominion Government grants a subsidy of $186,000 per year till
1906 and Canadian Pacific guarantees the balance of interest money.
St. Lawrence <£ Ottawa bonds are endorsed with the Canadian Paciflo's
acceptance of a 999 years' lease at a rental sufficient to pay 4 per cent
interest ou bonds, and the bondholders' agreement to accept interest
at 4 per cent (instead of 6 per cent as formerly), and to refrain from
demanding payment of principal during continuance of lease the maturity of the bonds is June 15. 1910.
The New BruTiswick Railway consolidated debenture stock has
Interest guaranteed by C. P.; interest on the first mortgage bonds,
though not guar, is paid out of rental under 990 year lease of 1890. OM
;
Lands.— Lands unsold June 30, 1901, were 15,071,916 acres of Canadian Pacific grant and 857,831 acres of Manitoba South Western
grant and 174,656 acres of Columbia and Kootenay grant.
Total
sales in 190C-01. notinclud. C.A K. grant, 399,808 acres, for $1,262,224.
General Finances.—The stockholders in Oct., 1901, authorized
£480.000 bonds for the acquisition of steamships for use on the Pacific Ocean, the lease of certain lines and the guaranty of interest on
$1,254,000 Mineral Range RR 4 per cent bonds.— ,V. 73, p. 556, 722.)
In 1900-01 £900,000 of 4 per cent preference stock and £430,000
consolidated debenture stock were sold, and proceeds applied to purchase of railways, extensions, additions, improvements and equipment; also £»3O,000-i per cent consolidated deb. stock for purchase
of securities of the Manitoba A Northwestern Ry., 253 miles, and
Great Nortuwest Central Ry., 70 miles, formerly leased lines.— (V. 70,
p. 535, 995; V. 73, p. 556.) Extension proposed in 1901,seeV.73,p.556.
Earnings.— 2 mos., \ 1901
Gross, $5,970,007; net, $2,401,499
July 1 to Aug. 31. 51900
Gross, 5,109,153; net, 1,938,849
Annual Report.— Fiscal year now ends June 30. Annual meeting is
held at Montreal on the tirst Wednesday in Oclober. The report for
1900-1 in
full
was
in V. 73, p. 551, 556.
.
-
i
Bonds on Winnipeg and Saskatchewan divisions, guaranteed princiinterest by the
$ ,000 per mile, which Government of Manitoba, have been issued at
$f /S5.
may be increased to $10,000 later.— V. 71. p. 235.
be v ,4 55, 6b fccres. On the main line in Mani-
j
.
,
JS?" 8 rant *"
toba b, 00 acres and in Saskatchewan 12,800 acres ermile.
President Frederic Nicholls; Sec. and Treas., J. M. Smith, Toronto,
Canada.-(V 72, p. 338, 437, 580, 1034, 1079, 1134; V. 73, p. 615.)
.
(
See also editorial p. 530.
Calendar years.
Tenrend.J'me 30,
Miles operated end of year
Passenger earnings
1901.
7,563
$8,08 <,370
18,98:J ,1«6
Freight
:<,78S,648
Mail, express and miscell
Total earnings
$30,855, z04
Per ct. of oper. exp. to earn'gs.
60 75
Net earnings
$12,109,376
Interest received
933,425
$13,042,801
$7,305,835
.
1899.
7,000
$7,098,097
18,738.885
3,393,056
$29,230,038
5816
$12,230,166
1,150,198
$13,380,364
$6,816,676
155,000
,
1898.
6,681
$6,538,590
16,231,445
'3,368,942
$26,138,977
5992
$10,475,372
423,367
$10,898,739
$6,774,320
Fixed oharges
For steamships
lftO.OOO
Dividends on common stock. (5)3,250,000 (5)3,250,000 (4)2,600,000
Dividends on pref. stock... (4) 1,222,506
(4)954,840
(4) 472,708
Balance, surplus
$1,114,460
$2,203,848
$1,051,711
-(V.71,p. 697; V. 72, p. 820, 871; V. 73, p. 335, 444, 551,656,722.)
-
I
.
9*
INVESTORS'
SUPPLEMENT.
I
Vol. IXSIII.
Subscribers will confer a -rent favor by giving Immediate notice of any error discovered In these Tables.
RAILROA1
„.,
Miles
headings. *o., see notesi of
For explanation of column
on ttrst page of
I
Date
Size, or
of
Par
Road. Bonds Value.
ta
INTEREST OR DIVIDENDS.
When Where Payable, and
,
'
Amount
^utstamung Rate per
Cent.
raiimliiin 1'aeifle— (Concluded) —
*100
.£630.000
New Brunswick By. let M.,gold. tut. from reutal.o" 174 1334
Perpetual oonsoL debent. stock, int. guar
A 358,300
ompany.
a. st. P. a 9 Bte. Marie-See statement of that
tie— 8ee statement of that
om pa nv.
Duiuth so. Bhon
$12,000 per mile, gold..
1899
Cane Bait— 1st moi
(»>
t£xten.)—ltit M. $2,400,000 gold
1901
...
(t)
t Breton Ky
Central— tii nds See S&aboard Air Li NK RV
Uina
24 1 899 500 Ac.
ina Sorlhem—lBt mort., $500,000. UuP. ...
$175,000
110 lSt> 7
500
iui J Sorthtetst.— 1st mortgage, $150.000
340,000
110 1900
1,000 N'ne J'ly.'Ov
General mort., gold. $14,000 per mile Trn.. .cat
300 1892
1,000
2.000,000
Carm.ui Jl Colorado— 1st M gold, sink, ul Mp.cWr
J- a (fir.— 1st M. $1,600,000 g. gu.,1 ii
43 1892
1,000
l.ioo.ooo
Sack. Hdr. 1st M. ft.,gu.p.Ai.end
300,000
1,000
88 1891
— l.-t mortgage, .-.PeP.o'
135,000
1,000
1898
gu. P. A R. Ry. See text.
50
See text.
98
r*
500
195.500
1862
ISiH
o'|
i"03
1,000
2,019,500
1st consol. mort.. $2,215,000, gold.FeP
- First mortgage
16 1885
50,000
:--..
238,000
"34
30
589.110
70 * Susq. -Stock, 9 p. e. rental D. L. AW....
Fiillgit Northwestern— See Buk
im; r ON OK DA II KA I'll >s .v. NOBT
icut. Br. U. P. 1st M.. g UB...O'
100 1898
1,000
2,^00,000
.Tie
1,000
288 1899
3,459,000
Central Branch. 1st mort., guar., gold
1,000
7.000,000
Cent.of Georgia A";/ —1st M.,$7,000,000,g.C:.0**r 312 1895
is;.;,
1.000
t onsol. mort
We...
1,132
16,700,000
1895
1,000
1,000.000
188
Mob. l'i\. 1st M. (Columbus to Andalusia) ir.G.o*
1,000
102 1895
Div. 1st M., $840,000. gold. tlBa.r
840,000
1st M.,$9,000 p. in., cur Co" Text.
1.000
L897
413,000
\i. l>i\
1896
500
168,000
21
Batont Br. 1st M. not guar, by (en. Qa., g
net Div. w., Bruton to Dover,$6,000p.m.S
77 1901
1,000
462.00*1
103 1901
S.o"
1,000
1,840,000
itr. Div. puiob. money M. $2,400,000. g
l.OOO
3 13 000
ISH 1897
gold.
e*l
Ron
~ 4V
§
B
i
W
I
Carolina < eiitral HU,- See Seaboard Air Line Ry. CoCarolina Mortbero BB<- Projected from Lumbertou, N. C, to
r>0 miles, of which Lumbertou to Marietta, N. C, 24
miles, completed, and balance by Nov. 15, 1901. Stock, $500,000,
Floating debt, March, 1900,
par of shares, $10.
iuc;
all
M.250. Pres. and Gen. Mgr.. Augustus Mellier, 318 Bourse Bldg.,
delphia, Pa.— V. 73, p. 662.
Carolina Ac Nortlnvestcrn Ry.— Owns narrow-gauge road
Chester. 8. C, to Lenoir, N. C, 110 miles. Reorganization Feb. 28,
1397. of Chester i Lenoir, foreclosed. In March, 1900, nearly all the
stock ami a majority of the bonds had been acquired by a syndicate.
3 he stockholders voted on Apiil 24, 1900. to increase the capital
stock to $1,000,000 common and $1,000,000 preferred; to issue a
new general mortgage at $14,t00 per mile (including $?,000 for equipment in 1903 and 1904) to standard-gauge the road and extend the
same to a connection in East Tennessee. Of the $1.320 000 issuable
on the 110 mirs now operated, $140,000 were to retire old bondp, dolIn Oct., 1901, standard gauging
V. 70, p. 840, s93.
lar fi.r dollar.
a*as in progress. Year 1899-1900 (110 miles), gross, $147,095; net,
$45.U0; Int. on bonds, $32,180. President, Wm. A. Barber, 35 Nassau St.. N. Y.-(V. 70, p. 893, 1095.)
ar«>n A. Colorado Ity.— (3 foot gauge )— From Mound House,
Nevada, to Keeler, Cal., 294 miles; branch, 6 miles. In 1900
substantially all the stock and all the bonds were acquired by the
Southern Pacific and tne road will be broad-gauged and extended
northerly to a connection with the Central Pacific and southerly to
Mojave on the Southern Pacific, abo .t 100 miles. V. 70, p. 381, 685;
For year 1899-00 gross, $168,744; net, $52.241— (V.
V. 7 2, p. 287.
'..
«
71, p. 1310.)
A Adirondack
Ity.— ( >et Map N. T. Central.)— Owns
Newton Falls, New York, 46 miles. The entire stock,
from Carthage
$500,000, is owned by the New York Central RR., which in April,
1893, leased the property in perpetuity and guaranteed its $1,600,000
Carthage
to
bonds, of which $500,000 were for extensions,
Carthage Watertown A
SacKeti's
etc.
(V. 57, p. 218.)
Harbor RR.— (See
ifap
X. T. Central.)—Owns from Carthage to Sackett's Harbor, N.Y. 29 miles.
by N. Y. Central, which owns $483,800 of the stock and
Controlled
guarantees the bonds. Leased to R. W. A O. for 37*3 p. c. of gross
earnings. Rental in 1900 01. $39,825; in 1899-00, $43,958; in 1898> 13,^75. Capital stock $465,845 common and $21,500 preferred.
,
Catanauqua
A
Fogelsvllle
RR.— Road from Catasauqua, Pa., to
Opened in 1857; in 1890 the Philadelphia A Reading acquired control through ownership of a majority of
the capital stock of $426,900 (par, $25.) Of the stock $254,125, owned
by P A R., is deposited as part security for Read. coll. trust deed of 1392
For year ending June 30, 1900, gross, $00,962; net, 857,296; ther
Income, $1,006; total deductions, $7,983; dividends, *34,152; balance,
Rittenh'.
»,
Pa., 29*5 miles.
.
surplus, $16,. 67.
RR.—Owns from Tamanend, Pa., to Newherry Jo., Pa.,
and branches, 5 miles. Re-leased Dec. 1, 1896, for 999 years
to Philadelphia A Reading Hailiray. Rental, interest on the bonds, 5
p. c. dividends on the preferred stock, all taxes, and $8,000 for
organization expenses. See also V. 63, p. 969, 1116. Of theprefeired
100 $2,200,000 was first preferred and $l,ooo,000 second
8to<
preferredand emmon was;$1, 159,500; oar $50. Of the new 1st consol.
mort. 4s of 1898, *195,500 are reserved to retire the 6s due 1902.—
Catawlmia
1,
(V. 70, p. 429; V. 71, p. 134; V. 72, p. 1187.)
.
..t-klll
.Tlountaln Rail way.— Owns narrow-gauge road from
a' -kill Mountain, to Palenville, N. Y., 16 miles; leases
Cairo BR.. Cairo Junction to Cairo, N. Y., 4 miles; total, 20 miles.
There are also second incomes tor $15,600 6 p. 0.
"Kj.
UK,,
Earnings.— Year ending
First Incomes have one vote for each $100.
June 30, 1 01, gross, $5e,236; net, $19,1 37; Interest, etc., $13,363.
Owns from Susquehanna River
rayuga A; Simqaehanna
V :u miles. Leased during length of charter and renewr>Lackawanna a Western at a rental of
On Deo. 30, 1>?'.)7, the corporate exist'
this
.pany was extended for the period of 50 years from Jan. 1, li)00.
Central Branch Ry.—Owns Lenora to Atchison, Kan., 293
33 m.; branches, 62 in.; total.
n to Burr Oak, Kan
mil.<
A consolidation In July, 1899, of the Central Branch
Cataklll,
up
'
t'!-'-
RR.—
.
.
,
g.
A.
M.
M.
4
i
5
1
4
A
A
A
A
A
A
&
A
A
J.
g.
A
J.
J.
g.
J.
R.
J.
M.
F.
g-
5
6
9
BWEsTS
A.
J.
5
g.
F.
5
g.
g.
g-
5
5 cur
B g.
•
>
g.
1
|.
5
ir.
J.
New
Due.
Stocks- Last
Dividend.
Aug.
1,
1934
Irredeemable.
1919
2, 2001
York.
July
O. Phila, Gn.T. AS. D Co.
N. Exoh. Bk., Cheater, 8.C
N.
Apr. 1, 1929
1927
J.
July
D. N.Y.
do
J.
J.
May
Grand Cent.Stat'n Deo.
do
July
1,
1,
1,
1,
1,
1950
1941
1,
1.
1948
1919
1945
1945
1946
1946
194"
1926
1945
1981
1931
Philadelphia, Pa:
July
1928
N\ Philadelphia Co.'s otUee Mayl8,'01,2ia
A.
do
do
Aug. 2, 1902
O.
do
do
Apr. 1, 1948
A. ("skill. N.Y. .Tan. XI Bk. Aug. 1, 1905
Divld'dpd. Sept. 10,97. Aug. 1, 1915
J. New York, 52 Wall St. July, »01, 4%%
its.
1 g.
4 g-
5
vt
P.
g.
5
6
>.
(
J.
J.
5 g.
l
72 miles, completed July,
» one Belt Kit.— seah to Bay City, Tex
19oi
Extension pioposed from Bay City to ijulatiua, -J miles.
is understood
to !>o trustee.
Year
Lincoln Trust Oo. ot'-t. Louis
ending June 30. 1900, (43 miles), gross, $20,997; net. $11,014.
B edeker, Olllce,
President. Jonathan Lane, Houston, Tex; Sec, Chap.
Lake, Tex.- (V. b9, p 645; V. TO, p. 1290; V, 73, p 444.)
t'xpe HriiKU lt>. ( I xteii-lon).— In July, 1 01, about to build
frem Louisbur.'. n east coast of Cape Breton Island. N. S., southeast
n lies to ll.iwkesluuy. on Straits of Canso, with branch to Sydney
(8ttn etc) Subsidy, about $8, OcO per mile. Controlled by the
Don aion Becurlties Co. (see v. 73, p. 393), which is understood to
id all the loads Stock, $1, 000,000; mortovi
Sewgage tor -_. 100. <m authorised in July, 1901. President, Dr.
ard Webb. Offloe, No. 51 East 41th St., N. Y. City.— V. 73, p. 18S >
A
A
pal, When
bv
London,
do
g-
5
—
'•
A.
J.
5
.
i
A
&
F.
4
.
i
Whom.
5g.
I
—
Payable
horuts— Princi-
P.
M.
J.
J.
J.
J.
J.
J.
J.
& D. N. Y., Merc. Trust Co. June
A A
Do
do
Feb.
A A. N.Y.GuarantyTrustCo. Nov
A N
do
Nov.
do
A J.
Jan
A
A
A
.v
.fe
A
do
do
J.
J.
Jan
Jan
Juno
D.
New
D.
D.
York.
Deo.
Co
i.
1,
1,
1,
1.
Juno
do
N. Y.. Union Trust
.1
1.
1,
July
1,
1.
19.il
1947
Atch. Colorado A Pac. and Aich. Jewell Co. & West,
The $3.4 "9.000 st is or 1899 are guarannt.. by the Mo. Pao (see V. 6S. p. 329).
1, priu. and
Form of guar
V. 70. p. J79.
For 4 mos. ending April 30, 1901. gross, $395,405,
antj
other income, $2,486; charges. $S'\0*>7; balance, surnet, $85,75
plus, +8,17".
For calendar year 1900 (388 miles), gross, $1,335,615: net, $351,654; other receipts. *?.382; Interest, $238,360; iaxep,
including $41,921 prior to 1900, $88,306; miscellaneous, $469; bat.,
sur.. $31,901.— (V. 70, p. 75, 279, 1148; V. \ 3, p. 31.)
Qalnn
-tock,
I'ncitlc Ry.,
*7.5S5.000.
,
tee
i
;
Central of Georgia Railway.— (See llao).
Organization— Orgauized Oct. 17, 1895, and Nov.
1 succeeded to the
properties of the Central Railroad A Banking Co. of Georgia, sold in
foreclosure and reorganized per plan in V. 60, p. 1008 and V. 61, p. 68.
Mid. Qa. A At. was purchased Jan. 1, 1897. V. 65. p. 324; V. 62. p. 456;
V. 64. p. 82, 180; V. 70, p. 279. On July 1, 1900, the Bruton A Pineora
Ry., Bruton to Register, 58 miles, was merged.— V. 67. p. 6S7.
Lines owned in fee.
Miles.
Lines leased
Miles.
Savannah to Atlanta
295 Southwestern KR.—
Gordon to Porterdale
86
Macon to Eufaula
144
Columbus to Birm'gham,Ala. 156
Fort Valley to Perry
12
Columbus to Amerious
62
Fort Valley to Columbus.
71
Montgomery to Euf aula, Ala.
79
Smithville to Columbia
85
Columbus to Greenville, Ga.
50
Cuthbert to Fort Gaines...
21
—
.
Opelika to Roanoke
Euf aula to Ozark
Grirhn,Ga.,toChat.,Tenn, etc
Chickamauga to Durham
Savannah to Tybee
Columbus to Andalusia
Macon to Athens
Bruton to Dover
Barnesville to Thomaston
36 Augusta A Savannah RR.—
66
Millen to Augusta
199 Chattah. A Gulf RR —
17
Dothan to Sellersvllle
53
68
18
138
102
77
16
'
I
Total oper. July
1,
1901. ..1,845
Ocean Steamship Company,
Total owned (and oper'd) ..1,891
estimated equivalent of
300
In addition owns in fee Meldrim to Lyons, 58 miles, now leased to
Seaboard Air Line Railway.
he Chattahoochee A Gulf, completed
in Jan., 1901, from Columbia, Ala., to Sellersvllle, (<8 miles, is leased.
V.70, p. 1194. The Bruton A Pineora Ry., Bruton to Register. 58
miles, was extended to Statesboro, 9 miles, there connecting with
the Dover A Statesboro RR., Dover to Statesboro, Ga.. 10 miles, purchased in Jan., 1901, the entire 77 mile forming the Oconee division,
on which a divisional mortgage at $6,000 per mile was issued. The
|
I
Chattanooga
Rome A
Southern RR. was merged June
1,
1901.— V.
72, p. 674, 721, 987, 1134.
Stock.— $5,000,000 held by interests allied with Southern Ry.
Bonds.—The first mortgage of 1895 (described in V. 63, p. 1160) Is
a, first lien on the main line from Atlanta to
Savannah, including the
Mllledgeville branch (312 miles in all), all equipment and appurtenances and the equity in $1,995,000 of the capital stock of Ooean
Steamship Co. of Savannah. Trustee, Guaranty Trust Co. of New York.
Application for listing firsts and consols, in V. 63. p. 1160.
The consolidated mortgage (see abstract in V. 61, p. 873, also see
V. 63, p. 1160) is a first lien upon 580 miles [including former
Mont. A Eufaula RR., Sav. A Western and Sav. A At!.]; also on
the leases of the South Western and Augusta A Savannah roads and
the stock of New England Steamship Co., and a second lien upon the
main line, its equipment, etc., and also on the Maoon A Northern and
Mobile A Girard. It also covers all leaseholds, securities, etc It may be
Increased $2,000,000 from $16,500,000 to $18,500,000, at not more
than $500,000 in any one year, for betterments and for equipment.
Macon t£ Northern Division bonds are also direct obligations of the
Central Ry., with first lien from Maoon to Athens, Ga., 105 miles.
Middle Georgia <6 Atlantic Division bonds are l-sucd at $9,000 per
mile, of which $8,000 was for purchase of road and $1,000 retained
by Cent, of Ga. for betterments; subject to the Eaiouton Branch
bonds, $168,000 on 21 miles, the firsts of 1897 cover the 65 miles of
M. Ga. A At. Division.— (V. 65, p. 823; V. 64, p. 180; V. 65, p. 324.)
The preference, income bonds, subject to the prior mortgages, cover
the main fine and the former Savannah A Western, Columbus A Rome.
Montgomery A Eufaula, Mobile A Girard, Macon A Northern and
Savannah & Atlantlo RRs., and their equipment, etc.; also all
leaseholds, securities and equities of properties acquired by the new
company. They are non-cumulative and bear interest not exceeding 5
per cent in any one fiscal year, but payable only out of net earnings
as declared and secured by the deed of trust.
1896.
1897.
1898.
1899.
1900.
1901.
/
DlTIDBHDS—
2>4
2
2
3 4
5
On 1st pref. income. I 1>2
l
mortgage abstract was In V. 45, p. 242.
The Chattanooga Division mortgage is a first lien on the former Chattanooga Rome A Columbus RR., Carrolltou, Ga., to Chattanooga,
Tenn., 138 miles, and Durham to Chickamauga, Ga., 17 miles, with
branches, in all 163 miles, subject to $343,000 old 5s, for which a like
a mount of bonds Is reserved; $217,000 being also reserved for additional equipment and Improvements.— V. 72, p. 1134.
Latkst Earns., 2 mos. ) 1901
Gross, $1,16«,0"5; net, $29«,310
Gross, 1,020.360; net, 282,105
July 1 to Aug. 31.
?1900
Operated 1,8 11 miles in 190', against 1,041 in 1900.
Collateral trust
October, 1801
\
KAILKOaD stocks and bonds.
21
:
J
. .
31
SUPPLEMENT.
INVESTORS'
[Vol. LXXII1.
Subscribers will confer a great favor by giving Immediate uotlce of auy error discovered In tbese Tables.
Bonds— Prlnoi
RAILROADS.
INTEREST OR DIVIDENDS.
Miles Date Size, or
pal.When Due'
Amount
uation of columu headings, Ac. see notes
of
of
Par
Rate per When Where Payable, and by Stocks— Last
ou first page Oi tables.
Road. Bonds Value. Outstanding
Cent Payable
Whom.
Dividend.
Central of Oeortjia R;/. — (C<mcl tided) —
1st pref.. Incomes) Interest up to 5 p. c, Mp...
do
sold, If earned,
do
«'e...
^
^
non-cumulative.
ITIa.
do
Cent. F.R.* Bk. coll.tr. b'ds, g., red. at 110.Ce.c~
Guaranteed, etc., securities.
c
o. 1st mortgage, sold, <uar.Ce
Augusts) A Savannah stock mo bonded debt)
itnweetern Railroad stock (no bonded debt)..
Chattahoochee & Quit, stock
U
-J. 000. 000. int. rental, s.f.,red.l02V8
See Boston A
New England— Common stock
Central Mussac/iusetn
rat
Preferred stock.
-1
Mum:
....
....
....
....
1895 $1,000
1895
1,000
1895
1,000
1887
1,000
....
1890
53
"68
1900
1,000
100
100
FP.c*
58
58
12
1999
1899
1S90
Old Securities sot Exciiasqku.
See foot note.
296
O. 1st M., ser. A, g. (ext.). ) <10 o , a 0OO S
*lO,340.ooo
296
Series B. gold (extended)
\
£
Mort. c. 5s. 1939, Id. gr., gu.. e. f., $10,245.000.0, 1,360
Oent. Pa. rf Wesfn.— Wllkesb. A West., 1st M., g.o*
31
Cent. Mi. of .V. ./.—Stock ($30,000,000 author)
Bonds, secured by consolidated mortgage of 1874
Convert, debentures, convert, into stock till 1907
A
1868
1872
1889
1886
1,000
1,000
1,000
1,000
1872
1883
1,000
1,000
100
for 3 per
1900-1 in V. 73, p. 662.
1901.
1900.
$6,086,263
$6,920,715
4,778,148
3,997,748
208.657
$1,879,858
231.463
$2,111,321
1899.
$5,767,346
3.759,978
206.734
$1,800,034
215.218
$2,015,832
I
|
»!—
For vear ending Mar. 31. 1900, gross, $958,213; rental received,
$177,085.-(V. 70, p. 1149; V. 71, p. 83. 134. 751; V. 72. p. 532.)
Central New England Ry.— Owns from Campbell Hall, crossing the Hudson River at Poughkeepsie by its own bridge, to Silvernails, 58 miles; and leases and controls Hartford & Conn. Western
RR., Hartford to Rhinecliff, 109 miles; total, 167 miles; also Dutchess
Co. RR.. from Poughkeepsie to Hopewell June, 12 miles; trackage, 1
mile. The extension from TariflVUle. Conn., to Springfield, Mass., 18
miles, almost completed, the East Granby & Suffield RR. being incorporated in August, 1901, with $100,000 stock to build four miles of
roml around disputed right of way. See V. 70, p. 739; V. 72, p. 1279;
V. 73. p. 337.
Organization.— Incorporated in January. 1899, per plan in V. 66
574. and V. 67, p. 789. as successor ot Phil. Read. & New Eng. RR.
sold in foreclosure Oct. 6. 1898.— V 68, p. 84. In January, 1899, persons friendly to Boston & Albany acquired a large interest. V. 68, p.
p.
41. 84.
Owns $1,390,000 Hartford & Conn. Western
stock.
Stock.— The stock is to be held In trust for ten years, or until 4 p. o.
interest is paid on general mort. for two years.
Bonds.- Of the first 5s, $650,000 were issuable at once for assessments, line t SprlDgfleld. etc.. and $600,00') will be reserved for improvements. Interest on Dutchess Co. RR. firsts reduced to 4^ p. c.
Earnings.— 2 months ending Aug. 31
hross
Set.
Charges.
Bal., stir.
2 mot.—
$32,995
$7,138
$112,750
$25,857
24,856
123.072
26.387
1,531
For years ending June 30 earnings were as follows:
Charges.
Gross.
Net.
Balance.
rear to June 30—
$20,938
1900-01
$711,759 $176,656 $155,718
'.04,093
def.4,803
146,117
150,921
1899-00
Officers.— John W. Brock, of Phila., President; J. K. O. Sherwood,
of N. Y.. Treas. and C. A. Heller, of Phila.. 8ec'y.— (V. 73, p. 337.)
Central Ohio RR.— See B. <fe O. RR. Co.; also V. 70, p. 75.
Central Pacific Ry.— ( See Map of Southern Pacific.
1901
1900
Miles.
Lines owned—
Ban Francisco, Cal., to near
871
Ogden.Utah
Lathrop, Cal., to Goshen, Cal.
Rosevifle Junction, Cal., to
Oregon State Line
146
Miles.
Branches to San Jose, etc
Trackage—
Northern Ry„ Main Line
Union Pacitto Into Ogden
35
6
5
296
Total
1,359
organization.— Incorporated In Utah in July, 1899, as successor of
the railroad under the plan of readjustment in V. 68, p. 378, by which
plan the Southern Pacific acquired the entire capital stock and
guaranteed the principal and interest of the two new Central Pacific
Bond issues shown above. The old indebtedness, including the U.S.
Government loan, excepting about $693,000 bonds, has been discharged.
Stock— (1) Common
537,000
|
156,000
620.000
|
2
2
5
5
g
J. N.Y., Guaranty Tr. Co. July 1, 1920
Jiilv,'01,2Jfi%
Savannah, Ga.
J.
J.
J.
J.
& J
& J
A. & O
J. & J
Q.-F.
M. & N
M. & N
J.
J.
-
g<
g.
g.
S.
Gover
Savannah and Macon. July. '01,2i9%
July, 1, '01.219
Savannah, Ga.
Sav., Ga., Citizens' Bk July 1, 1930
cent
1919
1949
1940
Jan. 1, 1918
N.Y., S.Pao.Co., 23 Br'd
N.Y.,8.Pae.Co.&London Jan. 1, 1918
N. Y. & San Francisco. Apr. 1, 1939
July 1, 1926
N.Y.Off.,143 LibertvSt. Nov. 1,'Ol.lH
N. Y., Liberty Nat.Bk Nov. 1, 1902
N. Y., Liberty Nat. Bk. May 1, 1908
nnient.
ceeds of these sinking funds and land sales cancellation of bonds will
be made from time to time; in February, 1900. $2,505,000 3^8 were
oanceled, and to Oct., 1901, $1,922,000 additional had been canceled
reducing those out standing to $19,276,500.— V.70, p.739; V./70,p. 1194.
Twenty three-per-cent notes, aggregating $58,812,714. issued to
the Government in settlementof subsidy debt; $17,643,812 paid, leaving $41,1 68,902 to mature. $2,940,635 half-yearly Aug., 1902, to Feb.,
1909. First refunding 4s are deposited to retire them when due.
Land Grant.—Total land grant was about 12,000.000 acres, of which
about 6,919.360 acres remained unsold on June 30, 1900. Sales in
1899-0, 67,128 aores; cancellations, 14,221 acres. Land contracts on
hand July 1, 1900— prinoipal of deferred payments, $713,472; average price per acre, $3 98.
General Finances.— Cancellation of the 3^8 of 1899 is being
effected from timelto time from the proceeds of the sinkinir funds and
also from land sales, $2,505,000 of the bonds being <*hua retired early
in 1900. V. 70, p. 279, 739. Payment of one of the notes for $2,940,635 held by the Government was anticipated in Feb., 1900, and a
second in Feb., 1901, in each Instance releasing an equal amount of
4s deposited as collateral, which were sold; in Mar., 1901, $1, 496,090
was paid on account of a third note due Aug., 1902.— V. 70, p. 429, 480;
V. 72, p. 437; V. 73. p. 82,
The Southern Pacific Co. has acquired the stock of the Oent. Paoiflo
RR., issuing its own stook for $67,275, 500 as part consideration, and
also $36,819,000 collateral 50-year gold 4s, secured by a collateral
trust mortgage covering all the new Cent. Pac. preferred and common
stock acquired. See statement for Southern Paoiflo Co.
Earnings.— 11 mos., > 1900-1. ..Gross, $18,005,906; net, $7,064,707
July 1 to May 31.
16,936,066; net, 6,646,521
S 1899-0. ..Gross,
Report— In 1899-00, gross. $18,533,805; net, $7,406,028. Other
income, $949,616; int., taxes, sinking funds, etc, $5,528,418; construction, imp'ts.etc, $i37,438; div. on pref. stock (2 p. a), $240,000; bal.,
sur., $2,049,787. Abstract of report for year ending June 30, 1898,
was given in V. 67, p. 1157, 1163, showing gross, $15,766,349; net,
$6,544,679.-(V. 71, p. 134, 181; V. 72, p. 282, 437; V. 73, p. 82.)
New
Brunswick.- Norton Station (on Inter
Central Ry. of
colonial Ry.) N. B., to Chipman, N. B., 46 miles, opened in 1888. In
les, was sold
1897, southern division, Hampton to Quaco, N. B., 30
to Hampton & St. Martin's Ry. Extension was proposeid from Chipman to Newcastle coal fields, 15 miles, and subsidy of $18,000 authorBonds Issued,
all outstanding.
ized therefor. Stock, $.i00,000.
$540,000 fifty-year coupon 6s ($1,000 each), due Nov. 1, 1937, int.,
London, England, and St. John,
M.-N., payable in New York. N. Y.,
N. B.; Central Trust Co., N. Y., Trustee. Year ending June 30, 1899,
gross. $8,573; def. under operating, $11,168. Pres , C. Ford Stevens,
Sec, W. J. Fowler; Treas. and Gen. Mgr., E. G. Evans.— V. 63, p. 116.
of
Jersey.— (See Map Phila. dt Reading Ry.)—
Central
Operates from Jersey City, opposite New York City, westerly to
Wilkesbarre anc Scranton, Pa., and the neighboring anthracite coal
fields
also southerly to the seashore resorts along the coast of New
m
RR.
New
;
Jersey, etc.:
Miles.
IAnes owned in fee.
72
Jersey City to Philliosburg
85
Sundry branches
Entire stock owned.
6
Long Branch & Seashore
New York & Long Branch RR.,
Perth Amboy to Bay Head.. 38
New Jersey South'n RR., Long
71
Branch to Atsion, etc
138
Other lines (no debt)
Leased (mostly for 999 yrs.) Miles.
Lehigh
&
Susquehanna, Phil-
lipsburgto Union June/etc t.171
5
Wilkesbarre <fe Scranton 1[
35
Lehigh & Lackawanna
9
Other lines
3
Allen town Term. (oper. jointly)
Trackage
10
Union Coal RR
2
Lehigh & New England
5
Tresckow Branoh
—
Total operated Jan. 1, 1900.. 677
10
Ogden Mine RK. IT
Nesqu ehonlng Valley TT
17
See this company. 8ee Lehigh Coal & Nav. in "Mlso. Companies."
There are 261 miles of second and 30 miles of four tracks. With the
Reading operates the " Blue Line" beBait. & Ohio and the Phila.
tween Washington and the 8outhwest and Mew York, the B. & O. tracks
being used to Philadelphia, the Reading to Bound Brook and the Cen1
II
held by 8o. Pac. Co.
(2) Preferred slock, 1 per cent cumulative, authorized issue $20,000,000, delivered to Southern Pacific Co. in consideration of issue
of equal amount at par valueof the Southern Pacific Company's 4 per
d bonds; of which delivered on completion of readjustment, $12,000,000; reserved to be delivered only to provide additional funds, if required, for the payment of 3 per cent notes to the
states, and thereafter only for betterments and additions,
$3,000,000; reserved to be delivered for improvements and additions
at not exceeding $200,000 yearly, $5,000,000.
BOKD*—Tint refunding M. gold 4s, $100,000,000, secured by all
the railroads, terminals and equipment now owned, Including about
1,349 miles of first track, etc., by deposit as collateral security of over
95 per cent of the old mortgage bonds. Of the authorized issue
$41,163,537 is held by the United States as collateral for 3 per cent
notes. See Abstract, V. 69, p. 808, and V. 70, p. 739.
Thirty year gold 3*88, $25,000,000, secured by a second Hen
upon all the properties covered by the 1st ref mortgage, and also by
deposit with the Trustees as acquired of all securities and moneys held
in any sinking fund of the Central Pacitto RR., consisting Jan. 1, 1899.
of $12,553,000 In securities and $86,459 cash, and by a trust deed
upon all the lands covered by the mortgage dated Oct. 1, 1870.
See Mortgage Abstract, V. 69, p. 858; also see p. 851. From the prostock, $67,275,500, all
J.
27.268.800J 5 in 1901
1,167,000
252,000
6
oent notes held by U.
DEDUCTIONS FROM INCOME FOR YEAR 1900-1.
Total deduot's from inc.$l,915,163
Net income
201,352
Officers.— J. F. Hanson, Chairman Board of Direotors. Macon, Ga.;
President, John M. Egan. 8avannah, Ga.— (V. 73, p. 82, 444, 662.)
Central
f lniBfitte KR.— See Boston A Maine RR.
Interest on funded debt$l,558,587
Rentals, etc
356,576
5g
1945
1945
1945
1935
67,275.500 Held by South'n Paoiflo Company.
12,000.000 Held by South'n Pacific Company.
1899 500 &o. a 58,065,000
4g. P. & A. N.Y.. S Pao.Co.,23 Br'd Aug. 1. 1949
1899 500 Ac. 19,276,500
3*« g. J. & D.
Aug. 1, 1929
do
do
1899
41,168,902
3
Augi 02-Fb.'09
Annual Reiort.— Report for
Tears end. June 30—
213.411
Taxes
Net earnings from operation.. $1,929, 156
187,359
From steamships, etc
Total
$2,116,515
I.
&
&
&
A
&
3,450,000 ) To be h eldlntr ust for ten years, or un til 4 per
3.150,000 s is pai d on gen eral mortgage for two years.
650,000
5 g. F. A A. Fid. I.T.& S.D.Co., Phil. Feb. 1,
7,250,000
Feb. 1.
Yearly, if earned.
5 g. Oct. 1.
350,000 41* (6) g. J. & D. Fid. I.T.i S.D.Co., Phil. June 1,
1,000
1.0U0
1,000
.
a Balance. $4i,18*.902 retained as collateral
J.
J.
J.
5
5
5
1,
1,
1.
1,
100
1st ref. kL. * 100.000.000. g., gu., n. a l.en.Ce.e'Ar 1,349
•0.000, g., cu.,p.A i. end. l"*.c\tr 1,349
Notes for D. S. debt. due $2,940,635 half -yearly
Gross earnings
Total operating expenses
5g.
1.000,000
1,022,900
5,191,100
273,400
300.00J
RR.
r
:'l mart, 5 p. e. incomes. $8,500,000. KF
Dutchess Co. RK.,lst aL.g., gu. (see text). RIe.O*
•i/ OAto—See Baltimore & Ohio.
Central Pacific— Common Stock. $67,275,500
Preferred stock, 4 p. c, cum., $20,000,000
CaI.
1,000
100
100
100
....
per cent
<\000, call at 105 after 1904.
$1,000,000 5 In 1901 Oct. 1 N. Y., Gu. T. Co. or Sav. Nov.
7.000,000 Up to 5g Oot. 1 New York, when earned Nov.
4,000.000 Up to 5g. Oot. 1
Nov.
do
do
4,880.000
5 g. M. & N, N. Y.. Guaranty Tr. Co. May
<fe
In June, 1900, extension of 207 miles oonof Middle Brook RR.
History.— Chartered In 1849. From May, 1883, to Jan. 1, 1887,
leased to Philadelphia & Reading. Receivers were in possession from
Jan. 1,1887, till January, 1888. Reorganized in 1887 without foreclosure— see plan V. 44, p. 714. 716. Concerning coal properties see
Lehigh & Wilkesbarre and Lehigh Coal & Nav. in " Miscellaneous." In
Jan., 1901, control passed to the Reading Ry., which acquired
$14,500,000 of the stock.-V. 72, p 86, 136,241,391, 721.
STOCK.-Increased to $27,053,800 In May, 1899, by sale of $4,503,800 at par, and Mnce further increased $209,000 by issue of
stock in exchange for convertible debentures. See below.
Dividends.— J '90. '91. '92 to '94. '95. '96. '97. '98. '99. '00. 1901.
5
4
5
414 4
yearly. 5>a
5
6
Per cent.
I
Stock was restored to a 5 per cent basis in Feb 1900.— V. 70, p. 75.
tral N. J. to Jersey City.
struoted under
name
6^7
Bonds.— For general mort. abstract see V. 45, p 402.
Jersey City bonds (V.68, p. 128) will be taken up by
as follows:
C.
RR.
of N. J.
October,
RAILROAD STOCKS AND BONDS.
1901.1
Mitmcrli.rr. will confer a »reat favor by giving
__
^ A
Miles Date
RAILROAD8.
For explanation of column headings, Ac, see notes
on
first
page of tables.
Central Railroa.l of .V.-ir .lrrs> >,—< Concl'd)—
Cent.RR.of X.J lien. M. for $:>O.OOO.OOO.g.Cc,e.ti
Equlpin't uiort.. $170,000 due yearly June 1
Real estate bonil ami uiortgagea
Guaranteed Bonds—
.
Leh. A Wilkesb.Coiilcon.M..gu..p..tl.,ext. inl9C0
Aui.Din'k.v [mp.Oo.latM., go., redeem. atiio...o<v
N. Y. A L. Br. gen. M.. £ (*192,0O0 5a)
Hud. Kiv .gen. H g., guar, jointly. Ce. o*
Leh.
J. (.Ity bonds, guar, (part yearly Deo. 1) see text
Cent. RR. of Pennsylvania— 1st M., $i.200,000.FP
Central of 'South Carolina— 1st mortgage, gold...e
Central Vermont— Stock, $:i.000,000
& r.
1st M., $12,000,000 gold, traffic guar. A
Montreal A Province Line By., 1st M., gu. i>. ,t L.O
Chart. Clrnd.ASitt.— 1st M.g. ,$30,000 p. m.W.P.O*
Oharl.d West. Cur.— 1st M.,g.i$*i,000 p.m.) Cc.o'Ar
Income M., g., non-cuu:., ($7,000 per mile)
Augusta By. 'enulnal 1st M..g.. gu..p.A i. end.< V.
Char.otte Columbia if A mjusta— See SOUTHERN Ry.
Ohar tiers—Stock
1st mortgage, guar. p. A 1. by Penn.
c
Ohatea ugay R A'.— Stock
Chateaugay R'y— 1st M., guar. p. A 1. D.& H. Co
Chath. d Lebanon Valley— 1st M. $350,000 g.... o
A
of
38
Co*
U
.,„„„„*
3" OtTamlmg «£>
1887 $500Ac $43,924,000
1899
1,000
1. (10,000
190,100
1,000
1,000
1.000
1.000
1S91
»
40
A1U
400
340
issi
i
100
1899 1000 Ac.
1900 100 Ao.
1894
1,000
is;>7
1,000
1,000
1,000
1901
1,000
lS'.tC.
50
100
39
58
1SS7
1899
1,000
1,000
Bonds— PrlnolKK8T OR DIVIDENDS.
pal.Wlien Dne.
When Where Payable, and by Stocks— Last
'ay able
Whom.
Dividend
1
1
N. Y. Liberty Nat. Bk.
U
J.
4^
6,059 000
1,062 Ol'O
A
J.
J.
M. A
A
.1.
265 204
A D.
M. A N.
600, 000
300, 000
J. A J.
3,000, 000 $2,185,1 00 held
F.
4 g.
c;
11,000, 000
4 g. A. A O.
200, 000
5g. A. A O.
1,000, 000
2,720 000
g A. A O.
i
Ootober
2,380, 000
6g. A. A 0.
600, 000
-
W
.
.
Ac—
Trackage
20,959
4,272
27,548
Total gross earnings
$15,853,062 $15,591,199 $13,187,271
Net over expenses and taxes... $6,153,158
$6,246,250
$5,118,958
Income from investments ... )
. O ,o o 1Q
i >^ t> iSia
658,288
596,526
Do premium account
5
>
Total net income
Interest on debt
Rentals paid
Dividends
$7,389,476
$2,760,252
2,009,861
$6,904,538
$2,881,490
1,960,698
(5)1,355,615(414)1,104,484
$5,715,484
$2,996,809
1,585,940
(4)899,880
Balance
sur.$l,263,748 sur.$957,P66 sur.$232,854
V. 72, p. 437, 721, 987.)
Central KR, of Pennsylvania.— Owns Bellefonte (Penn. RR.)
to Mill Hall, Pa. (on Beech Creek RR.) 27 miles; branch, 4 miles;
operates Nittany Val. RR., 7 miles. Current liabilities June 30, 1900,
$401,474. For year 1899-0, gross, $77,034; net, $19,723; charges,
$36,585; deficit, $16,862. Stock, $1,200,000; par, $50.
— (Dlreotors, May, 1901, V. 72, p. 987;
Central RR. of So utli Carolina.— Owns from Lane, S. G, to
Sumter, S. C, 41 miles. Leased to the Atlantic Coast Line RR.; rental
$31,000 yearly. Stock, $170,000, par $50. In year 1897-98, gross,
$95,286; net over taxes, $36,019— (V. 64, p. 887.)
Central Vermont Ry.—Tidewater at Rouse's Point, at north end
of Lake Champlain to New London, Conn., viz.:
Owned—
Miles.
Johns to Windsor
Essex Jet. to Burlington.
Rouses Pt. to Swanton Jet
8t
Stanst. 8hef.
&
178
8
18
Leased—
New London & Northern 1f
Miles.
157
Montville Branch.
3
Montreal A; Province Line Ry. 40
.
Stan. Jet. to
Waterloo
Montpelier Jot. to Williamst'n.
Essex Jet. to Cambridge, Vt...
81 Albans to Richford, Vt
40
15
26
28
Total op'd (U8ee these
co's.)
.513
Organization.— Succeeded May 1, 1899, as a reorganization, per
amended plan in V. 67, p. 735, the Central Vermont Railroad, sold under foreclosure March 21, 1899. V. 68, p. 1076.
Id Sept., 1900, authority had been obtained to absorb the Montreal
A Province Line Ry.. the Stanstead Sheffield A Chambly and the Montreal A Vermont Junction, now held under lease, etc. The first named
In June, 1901, had almost completed extension from Farnham to Freleighsburg, Queb., 18 miles.— V. 71, p. 697, 857.
Securities, Etc.— The Grand Trunk Ry. holds $2,185,100 of
the $3,000,000 stock, and under a traffic contract will make good any
deficiency in earnings to meet interest on the new firsts up to 30 p. c.
of Grand Trunk gross receipts from traffic interchanged. The new 4
0. mortgage is
for $12,000,000, of which $7,000,000 exchanged
J>.
or ConsoL RR of Ver. 5s, $4,000,000 to acquire branch lines and for
other purposes, leaving $1,000,000 in the treasury. V. 66, p. 708, 759.
8ee also V. 67, p. 273; V. 68, p. 1076; V. 70, p. 739. In Jan.. 1901, a
supplemental mortgage was executed. V. 72, p. 86. The stockholders of the Montreal A Province Line Ry. voted on Sept. 12, 1900
to issue $200,000 bonds, the central Vermont receiving the entire
•took for its guaranty of the $200,000 4 per cent 00-year bonds. See
above.-V. 71, p. 390, 697.
Report.— For year ending June 30, 1900, in V. 71, p. 857, showed
:
1987
to
1909
.to
Various date*
N. Y.,
do
do
do
Nat. Exch. Bunk.
Juno
July
Sept.
July
1,
1,
1,
1,
1910
192)
1941
1920
Dec. 1*1901-03
Phil.,Fid.LTr.A8.D.Co. May 1, 1943
N. Y., Cuyler, M. & Co. July 1, 1921
by Grand Trunk By. of Canada.
Bos., Am. L. A T. Co.
May 1, l!»20
do
do
Oot.
Phil.WstEnd T.&S.D.Co Oct.
N. Y., Chase Nat. Bank. Oot.
If enrned.
N. Y. Cent. Tr. Co.
645,300 7 In 1901 A. A O.
3*3
500,000
A. A O. Philadelphia, Penn. RR.
75,000
Plattsburg. N. Y.
F. A A.
200.000
6
250,000
5 g. M. A N. N. Y., Nat. B'way Bank.
registered bonds Q.— J.
a Guaranteed jointly with Le high Co
b$6, 116,000 additional are outstanding, but owned by C. RR. of N. J.
1901, $66,202: 1902. $76,616; 1903, $122,385.
Coal mortgage is for $15,000,000; the bonds, formerly
were In 1900 extended at H9 p. o. and guaranteed, principal and
interest. The amount unissued Is reserved for future requirements.
For guaranty see V. 71, p. 26.
Jointly and severally with the Coal A Nav. Co guarantees $1,062,000
Leh. & Hud. River Ry. Gen. 5s, prin. and int. See V. 67, p. 788.
See iVeir York <t Long Branch bonds In Supplement of Jan.. 1897.
The $1,500,000 New York A Long Branch 1st 5s were called for payment on June 1. 1899, and replaced by gen. 4s, which beoame a tlrst
mort. on the entire property of the N. Y. A L. B. RR.; $192,000 (bearing Interest at 5%) have been issued for improvements.— V. 68, p. 283.
General Finances,
Of the Lehigh A Wilkesbarre Coal extended guaranteed 4^ss, $6,116,000 owned by the C. RR. of N. J. were
in the treasury as available assets.— V. 71, p. 390
In Aug.. 1900, held
The sale of $4,503, ?00 stock at par to stockholders in 1899 provided for retirement of $3,836,000 consol. 7s due July 1. 1899,
$411,000 New Jersey Southern 1st 6s due July 15, 1899. and $197,000 Long Branch A Sea Shore 1st 7s due Deo. 1, 1899, a total of $4,444 ,000 bonds, with annual interest charge of $306,970. V.68,p.822.
Earnings.— 8 mos., * 1901
Gross,$ll,072.951; net, $4,762,180
Jan. 1 to Aug. 31. S 1900
Gross, 10,271,315; net, 4,116,777
Annual Report— Annual meeting Is held on Friday next preceding
second Monday in May. Of the 16,256,821 total tonnage In 1900,
6,252.628 consisted of anthracite coal and 10,004,193 of general
freight, against 5,736,912 anthracite and only 5,784,510 general
freight in 1895. The report for 1900 was in V. 72, p. 434.
Tear ending Dec. 31.
1900.
1899.
1898.
Passenger and freight
$8,794,145
$8,417,741
$7,267,032
Anthracite coal
5,983,848
5,935,898
4,826,950
Mall, express, etc
611,874
665,419
584,865
N. Y. A L. B. Division
506,873
503,232
480,876
The L. A
1,
Vrly
do
do
do
J.
8.
On coupon bonds JAJ; on
tlonal not guaranteed.
do
do
Q .—M.
J.
duly
do
,
I).
.V
Various
5
5
000
L.692 000 4 A
500* Ac.
1.000
lsoo
23
per
i.'.»s7.
L898
is;t::
11
,
Value.
1S:>0
1
RR
IN
_,
Size, or
°<
1878
issi
.
B
Immediate notice of any error discovered In these Tables.
Road. Bonds
All.
*ft
al
A
Navigation Co.;
Oct.
Apr.
1,
1,
1,
1,
1.
1950
1944
1946
1946
1947
Oot.l'01,3»fl%
Oot.
Aug.
Nov.
1,
1931
1.
1,
1907
1919
$62,000 addl-
Net.
Oth. inc.
Gross.
Charges.
Bal.,sur.
.$3,382,723
$783,439
$10,845
$665,435 $128,849
664,630
1898-9
3.151,719
Officers.— President, E. C. Smith, St. Albans; Clerk and Treasurer,
W. H. Chaffee, St. Albans, Vt.— (V. 72, p. 44, 86; V. 73, p. 615.)
Year.
1889-0.
..
Centralla & Chester RR.— See Illinois Southern RR.
Charleston Clendennln A Sutton RR.— Owns road, completed in December, 1895, from Charleston, W. Va., via Clendennin to
Clay Court House, 51 miles, and under construction via Clay Court
House to Sutton, 49 miles additional; in Dec, '97, graded 12 miles from
Clay C. H. Capital stock authorized, $3,000,000; par, $100 outstanding Oct., 1898, $367,300. First mortgage is for $3,000,000.
Earnings.—Year ending June 30, 1900, gross, $98,424; net, $51,458;
total deductions, $78,885 balance, deflolt, $27,427.
President, T. H. Given. Pittsburg, Pa.; Secretary and Treasurer,
Samuel L. Harman, Philadelphia, Pa.— (V. 61, p. 1012.)
Savannah Ry.— (See Map Sav. Flor. <6 West.)—
Charleston
In June, 1901, the Sav Flor. A Western Ry. issued its stock to absoib
this and ther lines.—V. 72, p. 1035; V. 73, p. 83.
'90,
'91. '92.
'93.
'94.
'95.
Interest—
> 1889.
None
6
4
since.
5
4
On 1st incomes \ 1*q
Gross, $750,018; net, $204,046
Earnings.— 12 months, ) 1900-1
51899-0
Gross,
July 1 to June 30.
676,550; net, 120,126
In 1899-0, gross, *676,550; net, $120,146; int. and taxes, $124,126:
bai., def., $3,980. In 1898 9, gross, $669,301; net, $146,975. In
1897-8, gross, $637,170; net. $110,664. In year to June 30, 1897,
gross, $571,109; net, $154,254; other income, $11,158; interest and
taxes, $126,498; balance, surplus, $38,914.— (V. 66, p. 518.)
Charleston
Western Carolina Ry.— Port Royal, S. C, to
Augusta, Ga., 112 m., and Spartanb'g, Greenville and Anderson, 228m.
History.— reorganization and consolidation Oot. 3, 1896, of the
Port Royal A Augusta and Port Royal A Western Carolina, purchased
at foreclosure sale by Thomas A Ryan, who sold the entire capital stock
and large portion of its issue of income bonds to Atlantio Coast Line
in December, 1897. V. 66, p. 38, 335.
full statement as to Augusta By.
Stock.—$1,200,000; par, $100.
Terminal Co. and its bonds was in V. 66, p. 383.
EARNiNGS.-For year ending June 30, 1900, gross, $893,946; net,
$233,052; other income, $3,237; total deductions, $214,000; surplus,
$22,289. President, J. B. Cleveland, Spartanburg, S. C; Secretary,
James F. Peet, Baltimore, Md.— (V. 66, p. 953.)
Chartiers Ry.— Owns from Carnegie, Pa., to Washington, Pa., 23 m.,
Leased till 1971 to the Pittsburg Cincinnati A St. Louis (now Pittsburg Cincinnati Chicago A St. Louis); the rental is net earnings.
Capital stock, $645,300 (par $50), of which the Pennsylvania Railroad owns $333,850.
;
;
A
%
26
A
A
A
Dividends— )
'87-89. '90. '91. '92. '93. '94. '95. '96. '97. '98. '99-'01.
9
10 10 7 y'rly.
5 y'rlv. 5*2 7^ 8
10 10 8
new 3^8 authorized in Sept., 1901, $500,000 were used to
refund a like amount of 7s, due Oct. 1, 1901, and the remainder
reserved for future requirements.— V. 73, p. 615.
Earnings.— For year ending Dec. 31, 1900, gross, $417,996; net
since '86
Of the
(p.c.)
{
other income, $11,251; int. and taxes, $40.983 dividends,
In 1899, gross, $316,414; net, $114,468— V. 73, p. 615.
Chateaugay
Operates narrow-gauge road from Plattsburg,
N. Y., on the Delaware
Hudson, to Saranao Lake, in the Adirondack
Mountains, 73 miles. Of this it owns from Dannemora to Lyon Mt.,
18 miles, and leases the Chateaugay Railway, Lyon Mt. to Saranao
Lake, 39 miles, and the Plattsburg A Dannemora RR. (so-called),
Plattsburg to Dannemora, 16 m. The latter road is leased from the State
of N. Y. for one dollar and the free transportation of freight to the
State's Prison at Dannemora. The Chateaugay Railway Is leased for
Interest on its bonds, which are guaranteed principal and interest by Che Delaware A Hudson Co.
Built in interest of an ironmining company and to carry summer travel to the Adirondacks. In
January, 1897, the Saranao
Lake Placid, 10 miles, was leased for 17
years jointly with the Chateaugay Ore A Iron Co. 8tock, $75,000 (par
$100) loans and bills payable June 30, 1900, $56,360.
Earnings.— In year ending June 30, 1901, gross, $264,139; net,
$22,702; rentals and taxes, $26,760; balance, surplus for year,
$4,058. In 1899-00, gross, $238,196 net, $44,386— (V. 64, p. 182.)
Chatham, N. Y. to BenLebanon ValleF
nington, Vermont, 58 miles. Entire line rebuilt by new company. Successor in 1899 to Lebanon Springs RR., foreclosed. V. 69. p. 385,
695; V. 70, p. 841. In June, 1901. purchased by W. Seward Webb in
the interest of the Rutland RR —V. 72, p. 1135. Stock, $1,000,000, all
outstanding; par of shares. $100. Bonds are not subject to call.
Bowling Green Trust Co., N. Y., trustee. For year ending June 30,
1901, gross, $49,560; net, $2,606; charges, $14,816; balance, deficit,
$12,210. President, W. Seward Webb, New York.— ( V. 69, p. 695. 954;
V. 72. p. 1135.)
$135,406
;
;
$45,171.
RR.—
&
&
;
;
Chatham A
RR.—
Chattahoochee A Oulf RR.— Almost completed in Oct., 1900from Columbia, Ala., to Sellersville, about 68 miles.—V. 71, p. 806.
Lease.— Leased in perpetuity to Cent, of Georgia Ry. for 6 per cent on
$273,400 stock and $300,000 bonds, of which 1 p. c. to be used as a
sinking fund for retirement of bonds, upon completion of which rental
46
INVESTORS' SUPPLEMENT.
[Vol. LAXIII.
J
Ol/TOB.R
<
RAILROAD STOCKS
1901.
viii«itIIiit» will
Miles
explanation of oolunin headings, Ac, see notes
on
page of
first
Date
Size, or
ot
of
Par
Road. Bonds
tables.
Chattanooga Southern— Stock ($750,000 Is pref.)...
let mortgage, gold
Income mortgage, non-cumulative, $750,000
89
30
Chesapeake Beach -1st M., $1,000,000. gold. « ..
Chesapeake Jt Ohio— Stk.Ui ansrr agt.J I'. M.Ai
•
Mortgage 6s, gold, ser. "A A B" See text..<"«- c <428
1st mort,, of l9ll,Penin. Ext., gold. Bee text.c" c 75
Ter'l 1st in. ,1922, covering 8 in., to Phoebus
8
Co i--.',r 605
1st consol. mort. for $30,000,000, gold
Rich. AAU Dtv. lstcon.M.,g. See text .. (> C
cons. M., Rich. via. Lynchb. to Clifton P < v
26
Craig Valley branch 1st mortgage, gold
Warm Sprlnics Branch 1st mortgage, gold..Ce c
80
General mort. (for $70,000,000, etc.) gold.. <
1.174
Eliza. Lex. A Big Sandy 1st M.. g, guar, p. A1..0*
LOS
Car trusts, payable monthly on 1,800 ears
ears, payable monthly
Car trust* on 1,500
QUABAB n in Bonds.
Elevator Co. 1st M., gold. p. A 1. guar
Ce o'
Cd mortgage, for $r>00, 000, income, non cum.e*
....
0. >v O. BS 1st M. deb. red. at par. go., p. A i....
Greenbrier A New River RR. 1st mortgage
Lo.AJefl.Bdg. I st M $5,000,000, go. p. At.end.fl.'e
Norf. Term'l A Trans. 1st M 9500.000, gu. ]> \\
96
Greenbrier Ry. 1st mort.. $3,000,000,0
....
Col 0*
Passenger A Belt Rv. (Lex., Kv.>. 1st mortgage
Ohtsaprake .f Western— Stock $660,000
1st mortgage, gold ($25,000 per mile) Go
27
M
—
Amount
Outstanding
Value.
1,000,000
00,541,100
2,013,354
2,000,000
142,000
S.OOO
6,000,000
1,000.000
650,000
1.000
l-:'-
100
1,000
1878
1SS1
1,000
1SS2 500 Ac.
ISS'.t
1,000
1S90
1,000
1890
1,000
1,000
1890
l.OOO
1890
1.000
1892
1,000
1878
-
£100
13
1900
1,000
1,000
1,000
1,000
1896
100
500 &o.
.
lxiis
jointly
be 5 p. o. on stock,
p. '.194; V. 72, p. 820.)
w'.'.l
Chattanooga
entral ol
I
and severally with Clev.
parable
Rome A
J. -J.
—See Central
Southern
Chi.
C hlo. A
of Ga.
Ry.— (V.
RK.— Merged June
1,
70,
1901,
RR.—
Owns road, completed In June,
Chattanooga Southern
B91, from Tennessee state line to Gadsden. Ala., 87 miles; Round Mt.
branch, 3 miles; trackage to Chattanooga, 5 miles; sidings and
•pure. 10 miles: total of all track, 105 miles. Successor to Chatta
BOOKS Southern Ry., sold in foreclosure Feb. 14, 1895; plan in V. 61,
P B30, but in Jan., 1901, the new securities had not been issued.
The new lsts were to be $5,000 per mile on present mileage and *10,000 on extensions. V. Oc.p. 401.
Earnings.— 2 mo*.. )1901
Gross, $18,380; net def $7,340
July l to Aug. 31
Gross, 19.8J6; net def, 3,741
$1900
endiog June 30, 1901. gross, $92,843; def. under oper. exp.,
83s-, 512.
In 1899-00, eross. $95,086; def. under oper., $22,721.— (V.
J3.)
Sec., E. C. Osborn, 31 Nassau St., N. Y.
1
,
.
CherrT Valley Sharon A Albany
RR.— Owns
from Cherry
Valley to Cobleekill, N. Y., 21 miles, stock, $289,100; par, $50. The
8300,000 7s, due June 15, 1899, were redeemed at maturity by the Del.
A Hud. Co.. which held a majority.— (V. 69, p. 26.)
t arm
niko Reach Railway.— Deauwood, D. C, to Chesapeake
B.ach. Mil., 30 miles, completed in July, 1x99. Stock $1,000,000, all
outstanding; par, $100. President. Oito Mears; Vice-Pres., Chas. Pop- o and Treas
Fred. W. Moffat. Oftice, 1420 New York Ave.,
,
M
a-h., D.
C— (V. 69, p.
228.)
rheoapeake dc Ohio Ry.— (See Map .)— Operates from Newport
News Va., and Washington, D. C, to Cincinnati, Ohio, with branches.
Linos owned in fee —
Miles.
Old Point Comfort and Newport
News
ville to
via Charlottes-
Ashland, Ky
512
Richmond via Lynchburg to
Clifton Force, Va
232
Brarele in Va. and W Va.. 134
Lines controlled by Stock,
-ville
tic
A Big Sandy RR.
Lines contr'd by stock, etc. Miles.
Elizabethtown Lexington A
Big8andyRR
109
Grpenbrier Ry.
Whitcomb to C.iss, W. Va
81
Sundry branches
125
Line to Washing. (V.73. p.493)
85
Trackage to Louisville
84
Leased
56
.
Ashland, Ky.. to Covington, 143
Bridge— Covington, Ky., to
Total system June 30, 1901 1,562
Cincinnati, Ohio
Second track
129
Of the above mileage 19mlles is narro w-gauge road. Of the "leased"
21 mile* is on E. L. A B. S. and 9 miles on Washington line.
The branch from Whitcomb up the Greenbrier River to its forks. 95
miles, to a connection with the West Va. Cent & Pitts., was opened to
miles, on June 1, 19(>l,the balance to be completed about Nov.
1
Exten ion ef Greenbrier A N«-w River coal branch, 6 miles, was
opened Oct. 1, 1901.— V. 73, p. 678.
History, Ac—The former Chesapeake A Ohio was sold in foreclosure April 2, 1878, and this company organized. In 1888, under
the direction of Drexel, Morgan A Co., reorganized without foreclosure,and the road extended to Cincinnati. The consolidation with the Richnd A Alleghany was consummated in January, 1890. The Elizabethtown Lexington A Big Sandy and other roads were absorbed in 1892.
Capital Stock.— Common stock is $60,529,500; increased from
$45,o< '0,000 to this figure since 1892 through exchange of practically
all the $25,000,000 of preferred stocks for common stock and general
-
mortgage 4*s per cents in certain proportions. First preferred for
and second preferred for $900 only was outstanding June
30, 1901. See terms of exchange in V. 54, p. 642. Stock may be reduced
by majority vote of stockholders if deemed desirable.— V. 70, p. 175.
Dividends.— First div., 1 p. c, paid Oct.. 1899; Nov., 1900, 1 p. c;
>ov., 1901.
1 p. c.
Bonds.—The series A bonds of 1878 cover the main line from Richmond, Va., via Charlottesville to Ashland, Ky., 428 miles, and are
equally secured with the Peninsular Extension 6« by first mortgage on
eJpension to Newport News, 75 miles.
The consolidated mortgage due in 1939 is for $30,000,000 (trustee,
" eD
Trust Company), and sufficient bonds are reserved to
iT?
provide for prior liens. This mortgage is also secured by deposit In
trust of the $11,000,000 bonds and two-thirds of the stock of the Mays* Bl
SH! g t0 8 Sandy RR., [on road Ashland to Covington, Ky.], and of the
Cincinnati, *" owned by Ches. A O. (Abstract, V. 49, p. 147.1
x>
h
Jivenmond <* Allegheny LHvision bonds cover the low-grade freight
fw 1 » ™_ Richmond via Lynchburg to Clifton Forge and branches.
'Mort. abstracts, V. 51, p. 144.1
l
JFv g rfor mortgage of 1892 (Central Trust Co. and H. T. Wickham
trustees) is 9 $70,000,000, but additional
amounts at $25,000 per mile
U
7
J&o
JS? v d for double-tracking. Of the $70,000,000 as above.
bond8 were reserved to provide for the $30,000,000 con2v?ii'nf -TooS
18aa issued or to be issued, etc. The balance unissued may be
««i5 °L
e
acquisitions, rolling stock, etc., but not more than
«°> lii
1
an J" on
^™V^ivv^ r !^60 * company, e year. The mortgage covers the entire
tte,
real and personal, at the time the
JilfJr -I
e'
additional
property and
mileage
acq mrea with the proceede of the bonds.
See full abstract of mortgage
in V 54, p. 644; also V.
54, p. 642; V. 55, p. 335. In Jan., 1901.
.
V^
^?
'
L^ Z
.^nirJJi,^
^
^
^
6
6
6
5
4
4
5
J.
5
gg.
gg.
g.
g.
g.
g.
A.
A.
J.
M.
J.
J.
J.
M.
4»sg. M.
5 g. M.
J.
J.
N.Y..J. P.
do
do
do
do
do
do
do
do
do
do
J.
J.
J.
8.
8.
8.
a £10,000
g.
A. A 0.
Oot. 1.
5
g.
J.
5
4
5
4
A
&
A
&
F.
g.
M.
1925
1925
July 1, 1923
Morgan* Co Not.27,'01,1%
do
July 1, 1908
do
Jan. 1, 1911
do
June 1, 1923
do
May 1, 1939
do
Jan. 1, 1989
do
Jan. 1, 1989
do
July 1, 1940
do
Moh. 1, 1941
do
Mob. 1, 1992
do
Mch. 1. 1902
To 1903
To July, 1905
do
do
A.
London.
Richmond.
8.
N.Y..J.P. Morgan ACo.
J.
M.
A
A.
N.
F.
&
A.
F.
g.
Dne.
Stocks— Last
Dividend.
Otllcc.Washington.D.C.
0.
O.
D.
N.
4
4
150,000
606,300
666,000
St. L.
Ry.
ot
g.
In 1901
2,000.000
1
Guaranteed
1
A
&
A
A
A
A
&
&
&
A
A
A
J.
earn.
5
830,000
450,500
a£ 80,000
533,000
U3.000.000
500,000
1893
.
5 g
If
Table*.
Bonds— Principal, When
bv
Whom.
Payable
1,0-44,866
lS-i*
.
Cent.
28,811.000
3,007.000
1,002.070
1,000
1,000
tliene
INTEREST OK DIVIDENDS.
When Where Payable, and
4(H). 000
1900
1888
tii
Rate per
$3,000,000
none Issued.
none Issued. 5
8100
....
L890
1895
.
1
*r
BOiSDtf.
confer a great favor by stylus Immediate notlee of any error dincovcreri
RAILROADS.
*'or
AiMI>
New
Nov.
1,
1,
1,
1,
1,
1.
1,
1938
1988
1909
1942
1945
1948
1940
Aug.
1,
1945
Oot.
Oot.
Jan.
Aug.
Mch.
Feb.
York.
5
5g.
oalled ye arly at
Contin. Trust, N. Y.
par.
$28,809,000 had been listed on New York Stock Exchange, $1,500,000
having late in 1900 been sold for additions, improvements and double
traoking.— V. 71. p. 5^3.
The Elizabetht'n Lexington <£ Big Sandy first mortgage bonds, interest
on which has been reduced to 5 per cent! have been endorsed with the
C. A O. guaranty of principal and interest, and general mortgage bonds
have been set aside to retire them at maturity.
The Louisville <t Jeffersonville Bridge bonds, of which $3,000,000
are outstanding, are guaranteed jointly and severally by the Chesapeake A Ohio andCleveland Cincinnati Chicago A 8t. Louis; any deficit
on account of the bridge is payable by them in the proportion of onethird and two-thirds respectively— see V. 60, p. 130; V. 61, p. 327,
559: V. 62. p. 84 and separate statement for L. A J. Bridge Co.
Of the Greenbrier Ry. 4s of 1900, guaranteed principal and interest,
$1,000,000 are reserved for extensions and improvements. See guaranty, V. 72, p 626; see also V. 71, p. 554, 602.
Operations, Finances, Ac. —Since the reorganization In 1888, when
the control of the company was placed for five years in the hands of
trustees, the property has been greatly enlarged and improved.
In Jan., 1900, Pennsylvania interests purchased a large block of
stock, and with the Morgan-Vanderbilt interests now own a majority
of the stock —V. ~0, p. 75, 632; V. li, p. 480,
On June 30, 1900, the N. Y. Cent A Hud. Riv. and Clev. Cin. Chic. A
St. Louis owned stock representing outlays respectively of $1,633,455
and $2,453,569. V. 71. p. 398, 5 5. On Jan, 1, 1901, the Pennsylvania RR. proper owned $7,000,000 and the N rthern Central $1,
500,000 additional stock.
The C. A O. SS. Co line was formally opened Sept. 7, 1893, and owns
six steamers, using the railroad wharves at Newport News. The Coastwise SS. Co., whose $636,800 bonds were purchased in 1899-0, owns 3
ocean tugs and 15 barges and leases 3 steamers. V. 71, p. 554.
Earnings.— 2 mos., ) 1901
Gross, $2,«45,983; net. $1,146,586
July 1 to Aug31.
Gross, 2,562,813; net, 1,092,846
$1900
Annual Report.— Fiscal year ends June 30. Annual meeting is
held at Richmond on the Tuesday preceding the last Tuesday in
October. Report for 1900-01 was given in full in V. 73, p. 6 i9, 677,
and showed the following. See also editorial p. 639.
the year 1900-01, coal
Traffic.— Of the total tonnage (10,125.497)
and coke furnished 5,450,514 tons, or 54 per cent of the whole;
product* of agriculture furnished 9 per cent. The average rate received on seaboard coal was only 2-72 mills per ton per mile on all
freight, 388 mills. Average train-load, 259 tons in 1892, 511 in 1900-1.
1899.
Year ending June 30—
1901
1900.
1,445
Miles operated
1.476
1.501
$2,422,053
Passenger earnings
$2,681,076
$2,826,813
11.X42.213
9,<62,879
Freight
10,095,144
625,"?0
524,908
Express, mail and miscel.
702,516
m
;
Total earnings
$15,371,542
Oper. expenses and taxes $9,967,180
Per ct. expenses to earns.
(65)
$13,402,070
$9,087,639
(68)
$12,009,839
$9,077,384
(67)
$5,404,362
149,925
$4,314,432
14 ,371
$3,932,455
lu0,157
Total and net income. $5,554,287
nterest on bonds. Ac
$3,552,490
$4,032,612
$3,326,481
$706,130
Netearnings
Other income
Extraordinary expenses
1,304,172
$4,462,803
$3,306,221
348,696
Balance, surplus
$697,725
*$807,886
* From accumulated surplus a dividend of 1 p c. ($605,278) was paip
Oct. 25, l->89; another of 1 p. c. ($605,v88( on Nov. 26, 1900, and one
of 1 p. c. will be paid Nov. 27. 1901. Balance to credit of income aecoun June 30, 1901, $1,062,325.
Officers —President, George W. Stevens, Richmond, Va.; ViceTreasurer, C. E. Potts,
President, D. catur Axtell, Richmond, Va
chmond, Va Secretary. C. E Wellford, Richmond, Va.; Comptroller, L. F Sullivan, Richmond, Va
Di ectors
Decatur Axtell, John P. Green, S. M. Prevost, Georze W. Stevens.
Chauncey M. Depew, William H. Newman, samuel Rea, H. McK. Twombley
;
R
;
—
H. T. Wickbam.
(V. 72, p. 1236; V,73,
—
p.
6J9, 659, 677.)
& Western RR.—Owns
road from Elkton to
Bridgewater, Va., 26-67 miles; trackage. Norfolk A Western to Elkton
Junction, 0-33 mile. Road opened in April, 1896. Projected to tidewater on Chesapeake Bay, of which *14 miles from Bridgewater
to North River Gap was under construction in July, 1901. Of the
outstandirg stock, $532,800 is common; $73,500 preferred. In June,
1900, a New York syndicate headed by De Witt Smith acquired control by purchase of majority of stock and bonds. V. 70, p. 1248. Year
ending June 30, 1900, gross, $34,068; net after deducting taxes, $9,035; no interest paid, bonds being held by construction company.—
(V. 70, p. 1248: V. 72. n. 820 »
Chesapeake
KR.—
Owns from Germanurwn to Chestnut tilU
Re-leased in 1896 to Phila. & Reading Ry., the rental
being reduced from 12 per cent to 6 per cent on stock
Chestnut Hill
Pa., 4 miles.
ss
INVESTORS' SUPPLEMENT.
[Vol. LXXIII.
—
October,
1901.
<
KAILROAD STOCKS AND BONDS.
2i>
J
Subacrlbers will confer a great favor by giving Immediate uotlce of any error discovered In these Tables.
RAILROADS.
Date
Miles
Size, or
Amount
of
Par
of
For explanation of column headings, Ac, see notes
Road. Bouds Value.
on first page of tables.
A
R. Ry
Ohettnut Hilt RR.— Stock, rental P.
Alto,, Ry.— Com. stock, $20.000.000....
Cliic.
Pref. stock. 4 per cent non-emu $20,000 000...
First lien M .*J2.000.000.«.sub.eall at par.F.aAr
,
Oh.
#120.650
#50
100
19,543,800
100
19,54 l. 000 4
1900 1.000 Ac 22,000.000
4
57
57
57
X
A Alton kk refund'* M..g. See text.It;.c\tr
Outstanding
1,000
1,000
U879
cvtr
Sink, fund mortgage 4s, drawn at 100
o*Ar
81nk. fund 4s (So. W. Div.) drawn at 100
Denv.exten. (ooll. tr.i b'ds.s.f. dr*n at lOO.MH.o*
3
g.
2*
NBC
b, $360,000, and
c, #4.053.000 aanoeled not included, d, #1.383, 000, and
V. 69, p. 178.
here Included.
at maturity.
11 Cash deposited to rotire these
—
a Alton Ry. — See Map)— Road— Chioago to
St.
Louis,
918 miles, of which about 110 double tracked.
Road Owned—
Miles.
8priugfleld. 111., to Grove. 111.. 58
Lea»e.. Line*—
Chioago to East -t. Louis. Ill 280
Coal City Line, Ind
25
/
eased Lines.
—
Miles.
Roodhouse, 111.,
City, Mo.
Bloomington to
.1
to
Kansas
251
Wann,
via
Godfrey
acksonville
Upper Alton
111.,
to Washington
and Lacon, 111
80 Trackage to Peoria,
Mexico, Mo., to Cedar City, Mo 50
Total of all owned, leased and operated In system
Dwight.
in
(all
1
901; July, 2 p.
Bonds.— The
.159
17
111., etc....
o.
3^8
tire capital
1
p. 183.
kral Finances.— The charges of the Chicago A Alton RR for inand 7 p. c. dividends have in the past aggregated about
#2,600,000. The status of the property is now as follows:
Interest at 3 per cent on #31,988,000 railroad co.'a bonds.. $959,640
Rentals payable by railroad co.; assumed by railway co
233,030
terest, rentals
Interest at
3h
Dividends at 4
p. 0.
p.c.
on #22,000,000 bonds of railway 00
on $19,544,000 pref. stock of railway
co.
770,000
781,760
Total
$2,744,430
Net income for year ending June 30, 1901, $3,110,560. The new
management has made large expenditures for the development of the
property, having purchased 4,000 new freight cars and 77 heavy
locomotives, and undertaken important work In the reconstruction of
bridges, etc.— V. 70, p. 686, 894, 944, 995.
The money to pay all the existing 6 and 7 per oent
bonds having
been deposited with the United States Trust Co., together with the
thereon to the maturity of the several loans, the annual interest charge of the C A A. RR. Co. is virtually 3 per oent on the $31,988,000 new bonds, viz., $959,640.— V. 71, p. 1012.
Latest Earn's— 2 mos.,)1901
Gross, $1,678,276; net, $629,898
July 1 to Aug. 31.
51900
Gross, 1,616,701; net, 575,033
uiteret-t
annual Report.— Fiscal year now ends June
year 1900-01 was in V. 73, p. 720.
,
Calendar year
1898.
Miles
1899.
.
30.
Statement for
^—Year end. June 30. —
1900.
1901.
920
Gross earnings
$6,693,295 $7,155,962 $7,796,449 $9,036,655
Oper. expen's and taxes 4.276.768 4,471,266 4,831,822 5,926,095
843
843
855
Net earnings
$2,416,527 $2,684,696 $2,964,627 $3,110,560
Income from investments
1,531,386
Totai income
Lease rentals
Interest 3*2 per cent bonds
All charges
4 per cent preferred dividend
Surplus
$4,641,946
$3,023,033
770,000
$3,793,033
781,760
$67,147
Board, E. H. Harriman; President, 8. M.
Feiton: \ ice-Pres., Wm. D. Cornish; Treas., F. V. S. Crosby; Secretary,
Alex. Millar, 120 Broadway, N. Y. Executive Committee, E. H Harriman (Chairman), James Stillman, George J. Gould andM. L. Schiff.
'
Officers.— Chairman
of
O.
e,
-
4
4
M.
4
F.
5
A
A
A
A
A.
M.
M.
4
5
5
N.
N. Y., 120 Broadway.
O.
do
do
do
do
do
do
do
do
N. Y., Boston and Chic,
N Y., Bk.of Com. A Boat
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
0.
8.
F.
A.
M.
A
S.
$2,442,8 00 are
,
do
do
N. Y., 120 Broadway.
J. Lond'n.J.S. Morgan ACo
A.
N.
N.
A.
A.
N. Y., 120 Broadway.
in sinking
Sept. 4, '01, li«
July
July
Oct.
2%
1, '01,
1, 1950
1,
1949
1903
1903
1912
Nov.1'01,1^%
July
May
1,
1,
Oot.
1.
Oot., '01.
Auk.
1%%
3*8
8ep.25,'01, 1*9
1, '01,
July
July
1,
1,
Oot. 1,
Oot. 1,
Sept. 1,
Feb.
May
May
Feb.
1,
1,
1,
1,
Sept. 1,
fund uncano eled and
1903
1949
1919
1919
1921
1922
1913
1927
1905
1903
are
Directors— George J. Gould, M. L. Schiff, James Stillman, E. II. Harriman
K s. Winston, New York; C. H. ChaDORll. S. M. Feiton, D. R. Francis, John
Mitchell, N. B. Item, Chicago; James P. Korean, St. I/Ouls.
(V. 71, p. 1021,1119, 1166; V. 72, p. 241; V. 73, p. 183,235,720.)
( See Map.)— Road.— OpeChicago Burlington dc
—
Qulncy RR.—
rates a great system of roads extending from Chioago westerly, reachSt. Paul and Minneapolis, Minn., St. Louis and Kansas City, Mo.,
Omaha, Neb., Denver, Col., Cheyenne.Wyo., Black Hills, S. D., and Billings, Mont. The accompanying map shows clearly the system, viz.:
West of Missouri River.
Miles.
Lines east of Missouri Riv Miles.
(standard gauge)
3,987 Securit's all owned, leased in
perpefty(B.AM.R.inNeb.).3,797
Controlled (narrow gauge).. 179
Leased and operated jointly. 175 Kans.C.A Omaha (controlled) 203
Total operated in system June 30, 1901
8,171
Organization, Ac. This was a consolidation in July, 1375, of the
Chicago Burlington A <4uinoy in Illinois and the Burlington A Missouri
River in Iowa. Chicago Burlington A Northern and other subsidiary
lines in Illinois were absorbed in May, 1899. V. 68, p. 975. In
Dec, 1889, acquired Chioago Ft. Madison & Des M. RR. V. 70, p. 75.
In June, 1900, control of the Kansas City A Omaha was aoquired. V.
71, p. 134. Stockholders voted Nov. 7, 1900, to purchase the remaining leased lines in Iowa and Missouri held under lease, viz.:
Kans. C. St Jos. A Co. Bluffs, St. L. K. A N. W., Chic. Burl. A K. O.,
Han. A. St. Jos., Keokuk A West, and Chio. Ft. Mad. & Des Moines,
Burlington A Missouri River, etc.— V. 71, p. 697, 863, 963; V. 73, p 137.
In July, 1901, $107,577,200 of the $111 ,200,000 stock had been exchanged for the joint 20-year 4 p. o. bonds of the Gt. Northern and
Northern Pao. secured by the deposit of the stock in trust, on the basis
of $200 in bonds for each $100 stock, or an equivalent of a guaranty
of 8 per cent on the stock. See ciroular, V. 72, p. 871, and application
to list, V. 73, p. 294. and description of bonds under Great Northern.
A branch from Alliance, Neb., to Guernsey, Wyoming, and from
Brush, Col., north to a junction therewith at Northport, Neb., about
150 miles, was opened Sept., 1900, of which 23 miles is Union Paciflo
trackage. V. 71, p. 437. Extension from Toluca, Mont., to Cody City,
Wyoming, 120 miles, is under construction, of whioh about 101 miles
were operated in Sept., 1901. In Mar., 1901, the Davenport Rock Island A Northwestern Ry.. Moline, 111., to Clinton, la., 40 miles, was acquired jointly with the Chic. Milw. A St. Paul Ry.— V. 72, p. 532, 675.
Capital Stock.—The stock has been increased for the acquisition
of new lines, retirement of over $15,000,000 convertible debentures,
etc.; in 1880 a 20 p.o. distributionwas made. See "Organization" above.
.
918
of 1900 are secured by practically the enstock of the C. At A. Railroad, as shown above, and by a
direct first lien on Springfield to Grove, 57 miles.— V. 70, p. 894, 944.
(See application to list in full in V. 71, p. 1021.)
The railroad mortgage securing the 3 per cents of 1899 will
refund bonds marked "IF" in table maturing during next four years
and also provide fund for improvements and extensions. Bonds in
excess of #40. 000, 00 may be issued thereunder on vote of threequarters of stockholders for extensions of not over 500 miles,
main track, at not exceeding $20,000 per mile, to fund leased line renttal obligations and for future betterments not to exceed #5,000,000 at
not over #1,000,000 per annum from Jan. 1, 1900. Stockholders in
1899-00 purchased $31,988,000 of the new 3 p. c. bonds at the rate
of $650 cash for each $1,< 00 face value; V. 70. p. 739. See official
circular in V. 69, p. 178; also p. 26, 129, 541; V. 70, p. 429, 995; V. 72,
first lien
A
M. A
A. A
Phlla., Treas.of.
ing
A
111.)...
Organization- Tlilsroi/irai/ company was organized in April, 1900,
and purchased substantially all the stock of the Chicago & Alton
Railrond Company, viz., #18,322,400 of the #18,751,100 common and
#3,472,200 of the #3,479.500 preferred stock, all of which has been
deposited as security under the llrst lien mortgage of 1900; also the
line of the St. Louis Peoria A Northern between Springfield and Grove,
57 miles
The railroad, whose separate existence is maintained for
legal reasons, has been leased for 99 years from April. 1900, the rental
being the net earnings, after payment by the lessee of all interest on
bonds, taxes and other charges, etc (See V. 70, p. 686, 995.)
k.— Authorized, $20,000,000 each of common and 4 per cent
non-cuin. preferred; issued in amounts as shown in table abcve, the
unissued stock being reserved to exchange for the outstanding stock
of the rairoad company not .now owned.
Dividends.— First semi-annual dividend on preferred, 2 p. c, paid
Jan. 10,
A
A.
J.
c8,544.000
d4,300.000
e7, 968.000
9.000.000
26,077,000
2,320,000
454,000
1,000
18S1
1,000
415 1881
1,000
1883
1.000
Debentures for Han. A St. Joseph stock
o*
Nebr'ska ext.. #20.000 p. in. (s. f., not dr'n) N Bo'Ar 1,472 1SS7 1,000 Ac
121 1895
1,000
Chicago A Iowa Div., collat trust
1890-2 100 Ao.
Convertible debentures (See remarks)
o*
etc., in all
1901
3>sg.
g
F.
i
1,750,000
100
7
1,500,000
100
3 J.
F. & A.
7
329,000
100
100 110,675,200 See text. Q ,— M.
J A J.
7
22,920,000
1,000
1873
3**
J. A J.
1899 lOOO.Ao 27.571,000
A. A o.
5
(1879 1,000 b2.640.000
NB
.
In
Q —M.
J. A J.
J. A J.
114,379,850
U 1,663.000
11425,000
£200
1873
1878
1877
6
31,988,000
1899 l.OOO&e
All
I'NDKKl.YING Si:rl'KITIE9, ETC.
Oen. M., Jul. to E. St. Louis A or., sterling. Us 0* 322
i
162
8.f.bond8(K.C.8t.LAC.lstM.eol.),g,notdr n r «...•
o*
Miss. Rlv. Br.. 1st M., g., ass'd. s. f.,dr'n at 100.
Kansas City 8t. L. A C. pref. stock, guaranteed.. i"62
37
Jollet A Chic, 7 p.o. stock, perpet-.guar. by C.AA.
101
Louisiana A Mo., guaranteed preferred stock
Quinci/— Stock, see text.
Chicago Hnrlin,/ti>n A
826
('on. M oov'ng ch. Term. (now 1st Hen) seetext.o*
... 1,642
Illinois Div. mortgage, #->o.0o0,000, our.
Sink, toad, Iowa Div., 5s, tool, tr.) drawn at 105..
901
<li I <•»•;<>
Kan.-as ( rtj
Bond*— PrinciINTEREST OR DIVIDENDS.
pal, When Due.
When Where Payable, and by Stocks— Lost
Whom.
Cent.
Payable
Dividend.
Rate per
Owned
Divs.— > '81-87 '88 '89 '90 '91 '92 *93 '94 *95-'97 '98 '99 to Sep., '01
Per cent. $ 8 yrly 5
4 5 4*4 5 5 4% 4 yly. 5^ 6 yearly.
On June 15, 1901, 2 p. c. was paid for the 4 months ending July 1,
1901, when interest on the new collateral trust 4 per cent bonds
began; Sept., 1^ p. 0.— V. 72, p. 872.
Sinking Funds.— Included in the bonds outstanding in the table
above are sundry bonds of the company which are Held alive and
drawing interest for account of the various sinking funds.
Bokds.— For full description of eaoh loan see the editorial article on
pages 3 to 6 of Supplement of Oct., 1896, and Chronicle V. 63, p. 775.
The mortgage of iSqo for §85,000,000 secures bonds dated July 1,
1899, maturing July 1, 1949, and to bear interest at not to exceed 5
percent. Such bonds as may be issued bearing 3*2 per cent interest
will be subject to call at 105 per cent and accrued interest and those
bearing interest at less than 3 p. c. at par and interest on any
coupon day after thirty years. The issue is limited to $85,000,000,
and the lien securing the bonds will become an absolute first mortgage,
oovering all lines east of the Mississippi River, upon the payment of $28,924,000 consolidated mortgage 7 per cent bonds due
July 1, 1903. and of $2,320,000 Chicago A Iowa Division 5 per cent
bonds due Feb. I, 1905. Sufficient of the new loan is reserved to take
up these $31,244,000 bonds and $23,238,000 were issued in 18991900, as below stated. The remainder of the loan will be available for
additions, etc.— See V. 68, p. 771; abstract, V. 69, p. 283; V. 69, p. 795.
The Iowa Division bonds are a first mortgage on the main line in
Iowa from Burlington to East Plattsmouth on the Mo. River, 278 miles,
and on 122 miles of branches; they are also a first collateral lien on 420
miles of branches and 86 miles of second track. These bonds have a
sinking fund of 1^ per cent ($203,800) yearly, for whioh the 4s are
subject to call at 100, the 5s at 105. The single main line and branohea
covered "shall not exceed in the aggregate 900 miles," at $16,000
per mile; on second track (of which June 30,1901, there were 86
miles) may be issued an additional $14,000 per mile. (V. 65, p. 462.)
Denver Jixt. bonds can be increased only for 2nd track at $10,000 p. m.
The collateral trust Nebraska extension bonds of 1887 are issued at
$20,000 per mile for single and $10,000 per mile for second track on
not exceeding 1,500 miles. A batract of deed V. 45, p. 441.
Burlington & Missouri RR. in Nebraska consol. mortgage of 1878 is for
$14,000,000, and ip now a 1st M. or 1st collateral lien; all except the
$5,000,000 of exempt bonds are subject to call for the sinking fund at
par, $278,600 having been retired in 1900. The " exempt" bonds may
S© C&Ucd 3,ft.&T 1 QOff
The 5 per cent debentures of 1890-92 are convertible $ for $ nto stock
any time prior to Dec. 1, 1902, except when books are closed. $15,543,200 had been thus converted up to Oct., 1901. V. 67, p. 842. See
terms of conversion on page 5 of the Supplement for Oct., 1896.
General Finances.—The Chicago Burlington A Qulnoy Railroad
has been one of the most profitable in the country, as its numerous
3I>
INVESTORS
5
SUPPLEMENT.
[Vol. LiXIII.
T
OCTOBEB,
5
RAILROAD STOCKS AND BONDS.
1901. J
Subscribers will confer a great favor
RAILROADS.
i>>
giving Immediate uotlce of any error discovered In these Tables.
Miles
Date
INTEREST OF DIVIDENDS.
Rate per When Where Payable, and
Outstanding
Cent Payable
Whom.
Size, or
Amount
of
Par
of
for explanation of oolutnn headings, Ac, see notes
Road. Bonds Value.
on ttrst page of tables.
Chicago Burlington it Ouincy—( Concluded > —
B. A Mo.RR. In Neb. S L'd gr., 8. f., dr. at 100. N B J
Con.M$140000O0 \ Exempt, not dr'n till L908
Burl. A Mo. RR.lnNeb.,s.f. tor At. AN. UK. stk. N 11
Hannibal A 8t Jo., oonsol. M now 1st M..F.0*
K C.St J.* Conn. Bl.,uiu.M.iXiiv 1 to500pf.)o'
585
i
289
248
62
90
115
73
)
Haute a Chic, income mortgage
-
In.:
OHu-tnjo
k Coal. l>t mort.,
^ Erie— Stock
s.
(.,
107
7
15
L97
380
174
49
call at par...
held by Erie)
till principal is
tall
1st ft., gold, iiif.-t -niar.
Income bonds for $10,000,000 S p. o.
gS, 488.000
;
!
to. Nod. and Tark.Val.RRs.s.f.tdr.at l00).iv
Rep.VaL.lstM.,gu.,(dr.atlOO)s. f..$i4.000y'iy.c
Atcn. A N<>1>., 1st M.. At. to Lin.. Neb. etc.. guar 0*
2d mort. on Atch. A Neb. RR. (1st M. on bridge)
Linen A N.W. RR.lst.M. guur.,s.f. 1 p. C, not dr'n.
Chit. <t Eu.il. Illinois- < om. stk. ($15,000 p. m. Jl \t
Pf. st'k. $10,000,000,6 t> c.nou -ouiiu$10,000 p.m.)
Ce.o'
1st mort. («. f. 030.000, no drawings)
o*
Danville AGrupe creek UK.— 1st M., una timed..
o*
Extension, 1st mortgage
(,-ousoi. mortgage tfoi$t;.ooo.ooo>,goid s. f.ce.o*
o*
Collateral trust bonds, sinking fund
Oen'l oonsoL and 1st mort $30,000,000.. Ce.oAr
,
Ohle.AInd.Coa] Isl M $25,000 p.m.,ase d.HI"p.o*
T.
1878 $600Ac
do
do
nil.. Ce.o*
nou-euui.N
249
249
Terminal 1st mortgage, Bold
NY.
do
do
Bk.of No. Amerloa.
Boston, 2d Nat'l Bank.
,
do
do
Boston, Bk. of Com'roe.
Boston, Bk. of Com'roe.
Boston.
Boston, Co.'s Office.
N.Y., Hanover Nat B'k
do
stock*— Last
Dividend.
by
Boston, Bk. of Com'roe.
U878 000 Ac!
1SS0
.
Evansv.
J. A J.
6
5.000,000
6
J. A J.
4
J. A J.
l.ooo h3. 347,000
M. A 8.
1SS1
6
8,000,000
1.000
1877 100
5.000,000
7
J. A J.
377.000
J. A D.
1880
7
1.000
6
J. A J.
000 Ao. It 1,078,000
1 B79
ISTs 100 Ac
M. A 8.
7
1.125,000
1SS7
6
J. A D.
See text.
1SS0
600,000
J. A J.
7
1,000
7.197,800 5ia in '01 J. A J.
100
100
6,830,700 6 in 1901 Q.-J.
6
J. A D.
1877 100 Ac
2,989,000
M. A N.
97.000
6
1,000
L880
1SS1
J. A D.
91,000
6
1,000
1,000
2,788,000
6 g. A. A 0.
1884
1SS7
42,000
1,000
6 g. F. A A.
M. A N.
5
1887 l.OOOAo 12.986,000
J. A J.
5
1.000
4.626,000
1886
1SS1
M. A N.
150,000
1,000
6
150,000
J. A J.
1878
7
1,000
100
100.000
5 g. M. A N.
1890
1.000
12,000,000
Mostly owned
1890 l.OOOAo 10,000,000
300,000
1888
5 g. J. & J.
J
Bon </*— PrinciDue.
pal, When
do
N. Y., 4th Nat. Bank.
N. Y., Central Trust Co.
N. Y. Fourth Nat Bank.
,
N. Y., Central Tr.&Bos.
do
o
July
July
Jan.
Mob.
Jan.
June
July
Mob.
Deo.
Jan. 1.
July 1, '01, 3
m
Oct. l.'Ol,
Deo. 1, 1907
May
Dec
1,
1,
May
1,
1,
1,
1,
July
1,
1920
1931
1934
1912
1937
1936
1920
1908
May
1,
1982
Oct.
1,
«
do
Feb.
do
Nov.
N. Y.. Met. Trust Co.
N.Y., Farm. L. ATr Co.
do
New
do
York, Erie RR.
by Erie KR.
New
1918
1918
1910
1911
1907
1920
1919
1908
1927
1910
1,
1,
1,
1,
1,
1,
1,
1,
1,
York, Erie RR.
Jan.
Oct. 1, 1962
July, 1918
The Chicago Burlington A Quincy sinking funds for the several loans respectively held alive June 30, 1901, of the bonds given above as
outstanding: Of g, $5,300,600 July 1, 1901; h, June 30, 1901, $1,931,000; k, $386,400 July 1, 1901.
branches tributary to the main line were built into ohoice agricultural
territory. Corn, however, being one of the principal articles carried
bv It, its earnings vary greatly according to the sue of the crop.
In April, 1899, stockholders subscribed for $16,166,000 new 3>s pel
eent bonds at 75 and $4,041,500 stock at par.
The company's sinking funds have received to Juue 30, 1901 over
With this money about $8,500,000 of the company's
120,574,000.
bonds have been canceled, while the remainder of the cash not so used
has been invested for the benefit of the several sinking fund loans
In bonds that are held alive drawing interest and are therefore
Included in the company's outstanding debt. In 1900-1 the aggregate
sinking fund income was $1,223,(379, of which $448,600 is the amount
carried direct to the sinking fund and the balance appears in the accounts merely as part interest on funded debt.
The road unbonded and the roads whose bonds were all owned on
June 30, 1901 (V. 63, p. 775), were:
MUtt.
821
Extension, Alliance, Neb., to Billings, Mont., and branches
.- Keokuk A N. W. (all Its securities owned and unpledged) Keokuk,
St. I.'
226
(a., to St. Louts, Mo
Other nes of moderate earning capacity (Ch. Bi rl. A K. C. etc.) securities
all or nearly all owned and unpledged (Including 179 miles of narrow
1,179
Kaugel
er'.v
!
:
Latlst Earnings.— From July 1 to Aug. 31
including lines controlled, were
(2
months) earnings,
:
Gross.
'fit.
1901
1900
Charges.
Net.
$9,460,462
3,453,016
$3,860,772
3,199.971
$1,600,000
1,594,521
Balance.
$2,v 60,772
1,105,450
Annual Report.— Fiscal year ends June 30. Report
for 1900-01 was
in the Chronicle. V. 73, p. 780, 787, (see also editorial, p. 759),
showing operations, including results of the O. B. A N., etc.
1900-01.
7 993
$33,662,221
11.624, 746
4,765,022
Miles operated June 30
freight
1-99-00.
7,661
1398-99.
7,419
$32,557,999 $29,270,942
Pa-senger
10,384,403
9,469,018
Mail and miscellaneous
4,593,013
4 ,649,4 65
Gross earnings
$50,051,989 $47,535,420 $43,389,425
Expenses and taxes
3-1.069.908
2 8,135.465
31.422.342
Net
$15,983 Oel $16,113,078 $15,253,960
Prop, of exp. to gross earnings
(6807)
(6484)
(6610)
Otherincome
380,797
382,195
4 87.822
Total income
$16,363.*78 $16,495,273 $15,741,782
Int.. rent, etc
8..- 66,53.2
3,238.471
9.013.482
Balance
$8,125,407
$7,928,761
$6,728,300
Dividends
(6Ja)6,t-52,557 (6)5,829.678 (6)5,238.371
plus
$1,472,850
$2,099,083
$1,489,929
Pree't, Geo. B. Harris. (V. 73, p. 2 66, 294, 390, 494, 780, 787.)
Illinois UK,- (See Map. J— Operates road
(douole track to Danville Jet., 106 miles) from Chicago. 111., to Terre
Haute, Ind., and the bituminous coal fields; also to Thebes and Joppa,
Chicago
A Eastern
111.
Lines owned iu fee.
Oolton to Danville, 111
Danville.
111.,
Miles.
107
to brazil, Ind
Momence
61
Jo.,111 ,to Brazil, Ind.130
Danvule Jo., III., to Thebes, 111.277
J t to Joppa, 111
.16
.
Clssna Jc. to Cissna Park, 11.. 11
He Jc. to 8idell Jc, 111.. 34
Percy Jet to La Crosse, Ind... 46
1
Coal Bluff, Ind.. to Casey, Ind.
7
Branches ; o Coal Mines
15
Double track
too
Sidetracks
tot
Trackage, etc.
Chicago to Dolton, Ch.AW.Ind. 1'
Otter Creek June, to Terre H
t
.
.
Total operated July, 1901.. .727
Ac- Reorganized under existing title in 1877.
1887, consolidated with two other co's (V. 46, p. 135), and
6, 1894, with Chicago A Indiana Coal RR.
V. 58, p. 987;
also V. 48, p. 334. Also owns $1,000,000 stock of Chic A Western
Indiana -having all the local traffic of the latter road from Dolton
Into Chicago. In lnOl the traffic contract made in 1890 with the
ville A Terre Haute for the operation of a through lint- between
Chicago and Evausville was till in force. (V. 55, p. 995.) In Mar.,'97,
the (. hie. PaducahA Mei. phis, 100 miles, was purchased.
In Dec,
1399, merged the controlled ootup inies, the Evausville Terre Haute A
Chicago and the Indiana block Coal RR. V. 71, p. 389. An extension
from Marion, HI., to Thebes, 63 miles, connecting with the St Louis
Southwestern, was completed in Jan.. 1900. V. 68, p 231: V. 68. p
Extension to Joppa, 111., .6 miles, completed Dec, 1900.— V 73,
A 22-mile branch from near Cissna Jet. eastward to Brazil
is proposed, of which 11 miles under com-truolion.
in Dec, lbOo, th- Southern III. A .Missouri Bridge Co. was incorporated in the interest of the C. A E. II to built a bridge across the
Mississippi Rivrr, at or near Thebf s, at an estimated cost of $1,500.OOO or *2,000,000, connecting with St. Louis Southwestern a diuot
line to Texas points.— V. 71, p. 1219.
>ITAL 8TOCK -— 116 common stock ($15,000,000 authorized) is en
*. 9'4
„
titled to all surplus after 6 per cent on the preferred stock. In additior
he
mount8 outstanding in the table, $4,347,000 common and
l?A
$bb5,t)00 preferred were helo In the company's treasury in July, 19ul
Dividends— ) '88. '89. '90. '91. '92to'97. '98. '99. '00. 1901.
On pref.,p. c... > 713 6 6 stk. 4^ 6 yearly
6
6
6
6
Common, p. e....)0
2H 3»s 4^ Below.
History, Leases,
In
Ni.- v.,
on Jane
-
>.
m
.
^
Dividend on common in 1899, Jan lig p. o.i July, 2; 1900, Jan., 2;
July, 213; 1901, Jan 2k p. c, including »» extra; July, 3 p. c, including 1 extra.— V. 72, p. 1079.
Bonds.—The general consol. and 1st mortgage of 1887 (trustee, Central Trust Co.) provides forthe retirement of $6,042,000 prior bonds and
for issue of bonds on new road at $18,000 per mile for single track
also for bonds for equipment at $7,000 per mUe and for double track at
$8,000 per mile. In 1897 the total Issue of gen. oonsol. bonds was
limited to $30,000,000 and bonds were reserved for Chicago <6>
Indiana Coal firsts. See V. 64, p. 1088.
The gen. consols are
a
mortgage on 380
mdes of road, Including the
first
Ross ville
via
Sidell
line
from
to Thebes,
etc
also
on
equipment valued at $2,657,000, and upon real estate in Chicago costing over $1,200,000. They also cover 106 miles of double track from
Danville to Dolton, 111., and rest of property subject to prior liens.
General Finances.— This company owns most ot the capital stook
of the Brazil Block Coal Co., and carries all its coal. It carries also
the coal of the Danville, Clinton and Williamson county fields. On
July 1, 1901, Chicago P. & M. car trust notes (including interest),
$155,548. In Jan., 1901, $1,000,000 each of common and preferred
were issued for equipment, improvements, etc —V. 72, p. 86.
Earnings.— For 2 months. July 1 to Aug. 31:
2 mos.—
Gross.
Other inc.
Net.
Int., die.
BaL.surp.
.
,
;
1901
1900
$447,846
$50,634
$265,233
$232,247
332,424
62,868
261,666
133,426
Ann ual Report.— Fiscal year ends June 30. Annual meeting is held
In Chicago on the first Wednesday in June. The annual report for
1900 01 was in V. 73, p. 552. The company receives low rates for its
freight, the rate per ton per mile being 0493 cts. in 1900-01.
189°.
Tear end. JuneZO.
1901.
1900.
1899.
Miles operat June 30
711
727
648
648
Gross earnings
$5,659,446 $5,148,697 $4,581,560 $4,221,438
Oper. exp. A taxes... 3,471,294
2.712,920
3,063,627
2,619,632
$995,379
867,611
Netearnings
$2,188,152
c
op. ex. to earns..
(61o4)
Net (incLoth. income) .$2,407,21
Interest paid
1,201,671
P.
$2,085,270 $1,868,640
(59-50)
(59-22)
$1,601,806
(62-05)
$2,300,159 $2,065,329 $1,768,092
1,126,139
1,066,399
1,083,052
Rentals
137,578
229,651
183,648
231,567
Olv. on pref. stock . (6) 379,842 (6) 349,842 (6) 349,842 (6) 289,842
Div. on com. stock. (5^)370.879 (4is)278,901 (3V2)216,923 (2ia)154,945
Constr'n.deprec'n.etc 317,245
129,205
100,000
.
Balance
sr. $232,424 sr.$l 00,598
sr.$10,602
Offickrs.— Chairman. H. H. Porter, Chioago; President, M. J. Carpenter, Chicago; Vice Preside nt, O. 8. Lyford, Chicago; Treasmer, C.
W. Hiliard. Chicago; Secretary, A. M. ;mtb, 355 Dearborn street,
Chicago.
Director?.— A. K. t low-r It. M. Hoe. H. Seibert, Q. S Brewster. S\ S. Flower,
v,,rk: G. H. Bull, Boston: (>. S. Lylurd, II. U. Porter, C. W. Hiliard. M. J.
Carpenter. Chicago; J. G. English, Danville. 111.
New
-(V. 72,
p. 86, 338, 820,
1079, 1135; V. 73, p. 286, 552, 660.)
Chicago & Erie RR.— (See Map
to Hammond, Ind., 249 miles, and
Erie RR.)— Owns from Marion, O.,
leases trackage over Chicago A
West. Indiana to Chicago, 20 miles. Practically merged in Erie. RR Co.
Bonds.—The first mortgage (trustees Central Trust Co. and Edward
Daniels) covers 249 miles of road, the oontract with the Chicago A
Western Indiana, $1,000,000 of that company's stock and $240,000
stock of Chicago Belt Ry. See abstracts V. 51, p. 911, V. 61, p. 750.
Chicago & Grand Trunk Ry.—See Grand Trunk Western Ry.
Chicago Great Western Ry.— (See Map.)— Road.— Operates the
"Maple Leaf" route, radiating from Oelwein, la., northerly to St Paul,
easterly to Chicago and southerly to Kansas City, and embracing
Lines Owned—
Miles.
Trackage, etc.
Mites.
Chic. St. P. A Kan. City Ry.—
11
St. Paul to Minneapolis
Chicago to St. Paul, Minn.,
Chicago terminals (V.71, p. 442) 10
and St. Joseph, Mo
16
690 Dubuque to Aiken
Branches to Haytield, etc
3
131 Des Moines terminals
Bee Creek to Beverly (no bds.) 23 Leavenworth to Kansas City. 46
Operated under ayrei meut
:
—
H which
.
.
tee.
Mason City A Foit Dodge... fl04
Wisconsin Minn. A Pacific. ..'246
930
Total operated
As to new mileage operated in 1S01, see Finances below.
History.—The Chicago St. Paul A Kansas City was organized In
May, 1886. and in December, 1887, merged with Minnesota A North
western. In August, 1892. reorganized per plan, Vol. 55, p. 856. Eaoh
$1,000 of Minn. A N. W. and Chi. St. P. A K. C. ttrst mort. bonds was
given $500 debenture stock and $600 pref. "A" stock.
On Sept. 7, 1893, the Great Western acquired by deed the title of the
Chicago St. Paul & Kansas Citv Ry. (315 67 miles), subject to the
mortgage bonds, of which it owns all except $1,000. It also acquired
the title totheLeav. A St. Joseph Ry. (23 miles), which Is unencumbered.
Securities.—The holders of debenture and preferred A stock appoint the finance committee, which exercises general supervision of
finances. Additional securities of said issues can be put out, but only
with consent of a majority of both said classes of stook present at a meeting. Securities of other issues having a lien prior to preferred A can be
—
.
3S
'
,
.
INVESTORS' SUPPLEMENT.
CH+CA3
CHICACO o.
QOLTONj
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EASTERN ILLINOIS
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RAILBOAD STOCKS AND BONDS.
1901. J
33
MAP OF THE
CHICAGO GREAT WESTERN
RAILWAY.
2
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,
INVESTORS' SUPPLEMENT
»4
Subscriber a will confer a great favor by
RAILROADS.
gU
Immediate notice of any error discovered In these Tables.
Borids— PrlnolINTEREST OR DIVIDENDS.
Date Size, or
pal.When Due.
of
Par
R«»te perl When Where Payable, and by Stocks— Last
nrtSSSSh..
Outstanding
Miles
of
For explanation of column headings, &0., sec notes
Bond.
ontlrst page of tables.
CWuyo A
6r.
Trunk— See UK. Think West.
[V^L. LXXIII.
tug
Bonds Value.
Cen |_
m.
$100 $22,282,500
g .. $30,000,000. div. in cash, g
(not Interest-bearing)
Preferred stock A. $i;>.0O0.0O0. 5 per cent, gold.
Pref. stock B, 4 percent $10.000.000
Common stock, $30.000.000
Debenture scrip
Su
'*r note.-
4.489
'Too
1897 £100&o
year notes ~>s of 1899 (no mortga
Sterling
Equipment lease warrants, 1900
H'lmmomt Jt West' it— See CHIC. JUNCTION RY
(Aitaoo >i Indiana Coal— See rmo. A Kvstbkn II I.INOIS.
43 1900
gold (see text).N.0*
Okie. Inti. it Etist. — ltx niort
4 g. J.
infst
>
A
A
J.
London, R.Benson
J.
London, R. Benson &Co, July 31/01, 2 1*
«&
Co. July
15/01,2%
6g. Semi an London, R.Benson A Co.
484.818
398 Various,
1899 Various
1900 Various
1
.">
No
11,37'2,400 5 in 1901 J.
9,46 3,000 < None
21,31 5,500 i paid, >
100
100
no mortgage) gold
1898 (no mortgage)..
-
Dividend.
Ky.
Chicago Orrat s7aS<TM
Deb. stock,
Whom.
Payable
!
1,124,242
808,333
B
5
3d8,937
1902
Semi-an
London.
1903
Seml-an London or New York.
1904
M'nthly
St. Paul.
$6,085 in'n'hly
5
g.
g.
.
X
Chicago Indiamtp.
.
l.ouinrillr
Preferred, 4 per cent, non
to Mich. City.. o*
1st M., Chic. & Ind. Div., Chic, to Ind., gold..o*
C. I. A L. refunding mort.. $10,300,000. gold..Ce
gold 6s, issued for old consols
Do
Perry Mathews Buskirk stone Co., 1st M., guar..
Consolidated Stone Co. mortgage, guar
Indiana Stone RR. 1st M.. guar
889
162
509
509
!
1SS0
1881
1897
1897
1898
1900
Chicago Junction— Common stood
Chic.
Ham.
.<•
West., 1st
If.,
-
-
i
$2,500,000, g...o'Jir 24*43
1897
Chicago Great Western.— (Concluded.)
The system includes
Lines owned—
Miles.
Indiana State Line to Indianap 162
New Albany to Miohigan City .289
Bedford to Switz City
40
Orleans to Fr. Lick Springs
18
:
created, but only with consent of two-thirds of both classes. The sevii case of
eral
liquidation will have principal paid in gold, aooordlng to their priority right to dividends. At extraordinary general
meetings of holders of debenture stock and preferred A stock collectively, holders of on' -ten th of said stocks outstanding, present or represented, constitute a quorum and by a majority vote have power to
sanction any modification of the rights of said stocks. The provisions
of the several classes of stock wore fully set forth in the editorial
article of the Scri'i.i- mknt for October, 1897; see also V. 71, p. 441.
In 1898 the authorized issue of 4 p. o. debenture stock was increased from $15,000,000 to $30,000,000 for future refunding and improvements. 8ee General Finances below.— V. 66, p. 133, 663, 1088.
Cash interest resumed on all debenture stock and all the preferred
"A" i- entitled to cash dividends since July 1, 1899.— V. 67, p. 1206.
Dividends —On pref. "A" paid Jan., 1899, 2p.o.; in July, 1899 2 p. c;
n 1900, 5 p. o.; In 1901, 5 p. o
Finances.—The deb. and pref. "A" stockholders voted Jan. 30, 1899,
to Issue $8,000,000 debenture stock, in order to refund the Oh. St.
P. A K C. priority loan (the only mortgage debt), which was paid Jan.
1, 1900, and then outstanding lease warrants and sterling notes; of
this stock there remained unissued Maroh, 1901, $2,150,000, to provide for paving sterling notes and lease warrants maturing, additions and improvements. Early in 1901 the company was issuing
an additional $2,500,000 of 4 per cent debenture stock for capiexpenditures In 1901, oar trusts, etc.— V. 72, p. 580, 935, 1279.
By improvements of the permanent way, etc operating expenses
wrre reduced in 1900-1901 to 6S-38 per cent of earnings, against
66-81 per cent in 1899-0; 7013 In 1897-8 and 77-47 in 1894-5.-V. 71,
.
Total of
,
p. 441.
Early in 1901 Vermilyc A Co. became the tlsoal agents of the company, their Mr. Read entering the directory. See V. 72. p. 580.
In Apr., 1901, a syndicate acquiring all the stock and bonds of the
ton City A Fort Dodge RK.. Mason City to Fort Dodge, la., 92 miles,
the purchase including coal fields near Ft. Dodge, arranged to extend
the road In 1901 from Manly Junction to Mason City, 12 miles, and
Hampton to Clarion, 30 miles, to conneot with the Chtc. Gt. Western,
and also in 1902 to hniUl an extension southwesterly to Omaha, and
westerly to Sioux City, a total of about 250 miles. The Wisconsin
Minnesota A l'ajirtc RR Red Wing. Minn., to Mankato, 91 miles, also
purcoasd the Duluth Red Wing <fe Southern Ry. and the Winona &
western Ly„ making a total of 246 miles then owned, and arranged
to build a 27-mile connecting link. Both of the roads will be operated
for 100 years under agreements dated Apr. 1, 1901. the Chic. Gt. West,
to receive their entire net earnings above interest on bonds and own
their entire stocks— V. 73, p. 5»>6, 722.
,
M901
Gross, $1,344,240; net. $420,491
Gross, 1,162,884; net,
389,524
1 1 >'UAf. REPORT.-Repoit for 1900 01 in V. 73, p. 551, 565.
1901.
1899.
1900
1898.
Tear end in r/ J „„f 30.
»
$
$
$
Total gross earnings
7,013.861 6,721,037 5,867.739 5,386,044
Net income
1,978,346 2,026,814 1,720,224 1,435,671
Rentals (ind equipment). 440,601
463,930
450,177
448,613
Interest paid
188,973
272,255
299,120
252,219
Int-in cash on 4
deb. stk
780,610
564,650
498,002
396,524
Div. on pref.stock "A ".(5%) 568,620 (5)568,620 (4)454,896
Miscellaneous
8,04">
9,574
8.873
July
1
to
in
Aug .31.
1900
J
.,
Balance
det 9,106
Omens.—A.
143,785
9,156
338.315
B
Btlekoey, President, St. Paul, Minn.; Treasurer,
'. Kalinin. st. Paul:
Auditor, W. B. Bend, St. Paul; Secretary, R
C. Wight, Bt Paul, Minn.
D>rectf>r«-A. II. SMfknev. A. Oppsnbetan. s. C. riticknev. V. Weylmuser. J.
I.Dik.M. K. leteher. T ll. Wneeler, VVillian, A. KeucJ K
SV-gtit.
Now
Yt: oTlce. n Na'sa.i -[. - V. 72, p l«rw; V i8, p. 187. 1H3, 444. 4».l, 55 1
W
(.'.
565.
4
liLa^o
II a
ill
m
ind
Chicago Indiana
Ac
A W.
It
It.— See ClIICAOO JUNCTION RY.
Kanttrn Ily.—Owns Converse,
Ind., to
Muncie, 43 miles, of which Matthews to Muncie, 15 miles, completed
In Oct.. 1901, extension under construction from
In Dec, 190
Muncie to Kicnmond, 36 mile-.. Projected from Chicago, 111., to Colombo-*, ()., and from Richmond, Ind.. to Cincinnati, O.
>ck authorized. 815,000 p. m.; issued Mar., 1901, $645,000. Of
the bonds, $1,000,00 > were Issued to retire the old 5s and to complete
the road from Converse to Muncie, additional bonds beings Issuable at
•20.000 per mile for extensions— V. 71, p. 'i7.">; V. 71, p. 437. Pres.,
Paul Brown, 100 Washington St.. Chicago, III.; Hoc, J. If Miller; Gen.
thews, Ind.— ( V. 72, p. 44, 675).
Mirr.. H. E. Drew
».
I
hl> a:;o Indianapolis Ac Louisville lly.— (tier. Map.)— upeiates the " Monon Route" from Chicago, 111., via Munun, Ind., to Indianapolis, Ind., and lyouisville, Ky.. with branches.
A lease for 999 years with Chicago A Western Indiana (of whose stock
this co. owns $1,000,000) gives entrance to Chloago on a mileage basis.
Owns one-third interest In Kentucky A Indian i Brdge, having bridge
at loi'sville.Kv. V. 71. j»
<
Oper. under contract—
Chicago to Ind. State Line
Miles.
20
New Albany to Louisville
5
Connection in Indianapolis
2
ClearCreektoHarrodsb'g.Ind. 10
546
all
History.—Successor July 1, 1897, of the Louisville New Albany A
Ch oigo Ry., foreclosed per plan in V. 63, p. 922.
In July. 1900, the legality of the foreclosure was sustained: appeal
taken to U. S. Circuit Court of Appeals.— V. 70, p. 686; V. 71, p. 83,
599. 1119;
V
73, p. 611.
Dividends.— On
pref.. Mar. 30. 1899, 1
in 1901, Apr., 2 p. c; Oct., 2 p. c.
p c; in 1900, Oct.
15, 2 p.
o.;
Bonds.— Refunding mortgage covers road, equipment, etc. (including
$1,000,000 stock of Ch. & W. Ind and $240,000 stook of the Belt
Ry. of Chicago)
total authorized issue is $15,000,000, of whioh
reserved to take up existing divisional bonds at maturity, $5,300,000,
to be issued only for betterments and equipment, not to exceed $300,000 In any one year, $2,091,000, of the latter of which $933,000 had
been issued to June 30, 1901. Car trustnofces June 30. 1901, $124,931.
General Finances.— See statement to N.Y. Stock Exchange in July,
;
1897— V.
65, p. 194.
Earnings.- (2
inos.),
July 1 to Aug. 31.
tal
Earnings.— 2
J.
100
100
$5,000.000
ciiui.,
Line— X. A.
L.N.a Ai" ,1st Main
& J. N. Y., N. Y. Sec. & Tr. July 1, 1940
A O. N. Y., J. P. Morgan* Co. Oot.15,'01,2%
do
July 1, 1910
do
& J.
Aug. 1, 1911
F. & A.
do
do
do
July 1, 1947
J. A. J.
do
July 1, 1947
& J.
do
do
F. & A. Am. Tr. A Sav.Bk.,Chio Feb. 1, 1908
M. & N.
do
May 1, 1920
do
M. A 8.
New York.
Sept. 1, 1948
d by Ch. J. Ry. & Un. Stk. Yds V. 68, p. 326.
Jan. 1, 1927
J. A J N.Y.,Cent'l Trust Co.
1.009.000
5g10,500,000
5,000,000 4 in 1901
1,000
3,000,000
6
1,000
2,300,000
1,000
3,812,000
t g
1,000
4,700,000
6 g.
1,000
200,000
2 g
1,000
168,000
1,000 In treasury.
5 g.
100
2,200,000 All owne
500 Ac.
2,090,000
6g
1,000
—Com. stock...
t
Gross, $812,310; net, $332,304
Gross, 686,96 1>; net, 246,433
1901
S1900
Annual Report.— In V. 73, p.
Tear end. June 30— 1900-01.
Grossearnlngs
Nat earnings
Dividends received.
.
.
611, showed:
1897-98.
1899-00.
1898-99.
$4,150,470 $4,177,888 $3,501,120 $3,323,671
1,496,928
1,146,170
967,663
1,549,683
1 35,776
109,787
86,687
75,038
Total net inoome. $1,632,704
Interest on bonds
$771,294
Rentals, etc
208,636
$1,659,470 $1,232,857 $1,042,701
$745,450
$761,950
$752,700
205,409
208,122
210,833
Total
$958,109
$953 572
$972,789
$979,930
$89,129
Surplus
$274,748
$652,771
$686,681
Div. of 1 p. c. ($50,000) on pref. was paid Mar. 30, 1899, and semi
annual div. of 2 p. c. ($100,000) in Oct., 1900; 2 p. c. ($100,000) Apr.,
1901, and 2 p. c. ($100,000) will be paid Oct 1901.
Officers.— President and General Manager, W. H. McDoel, Chicago;
Vice-President. A J. Thomas, New York; Treasurer, W. H. Lewis, 198
Custom House Place, Chicago; Secretary, J. A. Hilton. 80 Broadway,
New York.
Diiectors -Samuel Thomas, A. J. Thomas. Temple Bowdoin. Amos T. Frencn,
,
Charles Steele. K. M. flallawav, Richnrd Trimble, New Yor»; W. H. McDo«l, (>
B. 8ha*. Chicago; J. Murdock. Lafayette, Ind.; Volney T. Mallott, Iadlanapolis.-l V. 7:), p. 181, (ill, 682.)
Cnlcaso Join i lou Railway.— Owns and operates a belt line
around Chicago from Whiting, Ind., to Franklin Park, 111., and In the
Union Stock Yards district conneots with industries and all diverging
roads. Total mileage operated, 87-60 m., of wuloh Terminal RR. owns
Union Stook Yards to Chappell, 1015 m.; East Chicago Belt RR., State
Line to Graseelli Chemical Co., ,V28 in.; Calumet Terminal RR„ traok
age, Blue Island to McCook. 13-88 in.; Chic. & Ind. State Line Ry.,
leases from Chic. Junction Ry. & Union Stock Yards Co.. 20-83 m.j
Whiting to Blue Island, 15-46 m.; MoCook to Franklin Park, 10-36 m.;
Cal. River RB„ So. Chicago to Hegewlsch, 4-42 m.; So. Chic, A So. Ry.
Hegewlsch to Cal. Park, 1-75 m.; Northern Indiana yards, 5-47 m.
Organization.— Formed in March, 1898, as a consolidation of the
Chicago Hammond & Western and Chicago A Indiana State Line In
the interest of the Chicago Junction Rys. & Union Stocks Yards Co.
Bonds.— First mortgage of C. H. A W. is for $2,500,000 (trustee, E.
Francis Hyde, N. Y.)-V. 64, p. 287.
Earnings.— For year ending June 30, 1901, gross $1,880,956 net,
$780,382; taxes, $18,285; charges, $551,887; dividends (6 p. c),
$132,000; surplus, $78,210— (V. 67, p. 1262; V.68,p. 3*6).
;
4
lil<
ag.>
Kalamazoo
Ac
Saginaw Ry.—Owns
45 miles, Kala-
mazoo to Woodbury, in operation. In January. 1900, $450,000
stock was outstanding. The tirst mortgage is for $225,000 to Union
Trust Co. of Detroit, as trustee; bonds
all in treasury; bills payable
Jan. 1, 1900, $531,425. In 1899, gross, $72,567; net. $19,901. Operated by Kalamazoo & Hastings Construction Co. President, E. Woodbury; Treas. and Secy. H.C.Potter, Kalamazoo, Mioh.— (V. 61, p. 1063.)
Chicago Lake Shore
Ac
Kastcrn Ry.—Embraces 15904
miles
of track, connecting the various works of the Illinois Steel Company at
Chicago, Joliet ana Milwaukee with diverging trunk lines, and also
with steamship lines, stone quarries, industrial establishments, etc.:
also by trackage rights over 149-54 miles of roads reaches the coal
fields of Illinois and Indiana and Joliet, III., handling between South
Chicago and these points a large tralllc for the Illinois Steel Co. The
stock, $600,000, and the bonded debt ($3,230,000) are owned by the
Illinois Steel Co., and thus controlled by Federal Steel Co.
Equipment, Deo. 31,1899: Locomotives, 54; freight cars, 3,077;
cabooses. 11; steam wrecker, 1.— (V. 64, p. 422; V, 67, p. 428.
1
p
1
October,
!
'
UAILROAD STOCKS AND BONDS.
1901.
35
M,
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MAP OF THE
RuseeD-viHe
Elkton
VS. Baibour
\
Gallatin^
Junotion^
NASHVILLE
'Jonnaon
ZlZA
' 1 '<'
Cumberland Gap'_^P^
/'Jeliico
INDIANAPOLIS
pulartsville
^umberlandrN
V& UJev
\f
.i;iumyburgh
Cumberland
>
CHICAGO,
:
\'.
V.
- AND -
LOUISVILLE
RAILWAY.
N,
/C'liiit"ii
Kncxvillc
*
"**"
36
INVESTORS'
SUPPLEMENT.
[Vol. LXXIII.
—
October,
I
,
KAILKOAD STOCKS AND BONDS.
1901.1
37
INTEREST OR DIVIDENDS.
RAILROADS.
Miles' Date
Amount
Rat*
When Where Payable, and by
of
of
Par
For explanation of column headings, Ac, see notes
Outstanding
Road. Bonds. Value.
Per oent. Payable
Whom.
on first page of tables.
Chicago Milwaukee
Jt St.
Paul Common
212
Piv. 1st mortgage Western union RR.o*
F.O* 419
Minnesota Dlv. 1st mortgage
F c* 133
Mineral Point Division 1st mortgage
395
Hast. A Dak. Dlv. ,ext. ,1st M. ($990,000 5s). F.o*
F o* 185
Lacrosse A Dav. Dlv. 1st mortgage
Wlsc.Val.RK.ro. IstM., Tomah to Morrill. Wis.o 107
Wis. Val. Dlv. 1st M. s. f., notdr"n
o*
161
Dub. Dlv. 1st M.s. f., not dr'n
NB.0' 351
Chic A Pac. Dlv. 1st M. (Ch. to Klttredgel.F o* 120
do Wesfu Dlv. 1st mort, (see text) gold. F.o* 1,117
Chic A Lake Superior Dlv. 1st mort., gold. F.o'
68
Wi*. A Minn. Dlv. 1st mortgage gold F
230
assumed
119
Fargo A Southern 1st mort., gold,
Ch. Mil. A St, P. Terminal mortgage, gold.. .F.o*
Dakota A Great Southern 1st mortgage, gold F 159
Chic A Missouri River Dlv. 1st mortgage .. F.c
77
Gen. M(for $150,000,000). gold Ser. A..Us.o*Ar 5,722
do
"B'^^s
do
o* 5,722
MUw. A North'n 1st mort., Schwarz.to Gr. Bay..o* 126
8.
....
1872
NB
!
;
-
.
'
Including July, 1901, $3..">70.0O0 In
coupon Interest JA J; registered Q-F.
A
1
1
I
1,000
1874
1875
1878
1879
1880
1880
1880
1879
1879
1880
1880
1880
1881
1881
1881
1883
1884
1886
1886
1889
1889
1880
1884
1,000
1,000
1,000
1,000
1,000
l.OOO
1,000
1,000
>t
list
.
7-2. p.
437, 532, 675; V. 73,
p.
562.
Capital Stocks.—The preferred stock has a prior right over the
eommon stock to a dividend of not over 7 per oent from net earnings In
each year, but If not earned It has no cumulative right. After payment
of 7 per cent on preferred and 7 on common, both classes share pro rata.
Common stock rai-ed to $55, 821>00, by stockholders subscribing: at
par to 10 per cent increase, ($8,673,200) ia April, 1901. See General
F'na-cf.s below.
V. 72. p. 437.
Preferred stock on Dec. 31, 1873.
was $12,274,483:
has been Increased to present, figures almost
entirely by exchange of convertible bonds for stock, only about * 9.000,000 having been issued for other purposes (improvements, etc.) In
July, 1901, $6,494,000 prior lien bonds outstanding were exchangeit
able for preferred.
Diva, since '89. ) '90.
On common.
On preferred.
S0024424555
)7777777777
'91. '92. '93. '94. '95. '96. '97. '98. '99.
In April, 1901, the dividend rate on
Bonds.— Abstracts
common was
1900. 19015
6
7
7
increased to 6
some
payable on the preferred: Iowa A Dakota Extension 7s, River
Division 7s, Chicago A Milwaukee 7s ot 1903, Hasting A Dakota 7s of
1903 and Ch. Mil. A 8t. P. oonsols of 1875. The consols of 1874 also
are convertible into preferred within 15 days after dividend day. The
convertible bonds were fully described In Supplement for Mar. '93, p. 2.
Chicago <t Pacific Western Division, see Supplement of Jan. 1901.
Terminal five per cent bonds of 1884 cover terminal property
of several hundred acres In Chicago and Milwaukee.
The general mortgage of 1889 (see abstract in V. 48, p. 830) Is for
1150.000,000, to the United States Trust Co., of New York, as trustee.
and covers the entire railway property and franchises of the company
therein described) subject to prior liens as below mentioned. The
prior lien bonds cannot be extended, but will be paid off at maturity.
On June 30, 1901, the following amounts of general mortgage bonds
ad been issued or were reserved for the purpose indicated, viz
Listed on New York Stock Exchange
$30,276,000
In treasury of the company (unsold) see below
3,794,000
:
Tot *1 reported by the company as outstanding
Reaer> ed for prior liens
Available or eventually to become available lor im-1
provements there being includ* d in this amount the
bonds origli iUy reserved for prior liens, which nave
since been converted Into pref. and common stock
I
$34,070,000
$88,102,500
Total authorized
$150,000,000
ie *34
0>000
7sundry outstanding include $6,000,000 issued to pay for
small branches on which the general mortgage is
a:J? "J if
nrst lien, and to retire the $2,500,000 first mortgage bonds of
118 '
? * Lake Superior Ry., a Chicago suburban road,
ia SfiJSy?
XSkX^tV° to8,ue<1 to replace prior bonds paid and canceled and $19,070,000 for additions to property.
AL
A1 B8 *C.— Capitalization per mile of road June
30,
n2? N Stock,F*1.D,233; boids. $1 L241:
1901: a? w i? JS.
interest charge, $990.
Apr., i»oi, stockholders subscribed to $8,673,v00 new stock at
fin
pe r * nt oe,D * P ai d at once and 25 per cent payable each on
i a
and 8p P 5
^Pl \ l^i y of new road tbuilttue proceeds to reimburse the company
ror s< l miles \
during the past two years, and provide
City cut-off and other necessary new construction, to ost
«S ££?™%
p * 37 935 lD ±VTil,
ft'^ ™ was increased to 6 per cent. 1901, the rate of dividend
onconimon
ed debt was lncrea8eQ during the year 1900-01 by the issue
«f *j.,ooo of general
#
or »Q./nnn
mortgage bonds and was decreased $4,297,underlying bonds retired and canceled of the latter $4,203,n er1 d *? to Preferred stock and $2,000 into common
.t^t O f ?£ efundedd eht there
T^
if .,
t
was in the treasury June 30, 1901,
,
*i ai'-j
$4,883,000 P
(against $«,891,000 June 30, 1900), of which $3,570,000
3^s and $224,000 gen. M. 4s. During 1900-O
«Lww&
j the general
312s held in tue treasury and $10u,000
ZZ£~.i 4s were sold -V.
general ?
71, p. 1U9; V. 7:-, p. P.63.
e a e
b
,n load ln 190° 01 wa8 236 ton8 rate Per ton per
mnJ n. 861c; in {££ train load, 209 tons;
mue.O fi « i
1899-0
rate per ton per m. 0929c
1
2 m ,'*
01
Gross, $7,546,096; net, $2,811,90Jifi^V^T
J
July 1 to Aug. 31. $1900
Gross. 6,815,017; net! s^l^e^
'
.
'
,
-
'
.
.
•
-
'
-
,
2™ J
;
™
/
?^*™
o™
T
.
UZ
:
7g.
7
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J.
J.
7
7
7
5
J.
J.
J.
J.
J.
J.
J
J.
J.
J.
J.
J.
J.
J.
J.
J.
J.
J.
J.
4 g.
3»«g.
6
6
J.
J.
J.
7
6
6
5
5A7
5
7
6
6
6
5g.
5
5
g.
gg.
g-
6
5
5g.
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
U
&
A
1).
A.
1).
o. N.Y.Oflloe,30
do
().
.1.
.1.
J.
J.
J.
J.
J.
J.
J.
J.
J.
J.
J.
J.
J.
J.
J,
J.
J.
J.
J.
J.
J.
Broad St.
do
,
Oct. 20, 01,3%
Oct. 29,01. 3*i
London and New York. Jan.
N. Y.,Otttce,30 Broad St. Jan.
do
do
Jan.
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
N.Y., Ch.Mil.A
do
do
do
do
do
do
do
do
do
do
do
do
Jan.
July
July
July
Jan.
July
Jan.
July
Boston, Lee Hlgglnson. Jan.
N. Y. Office, 30Broad St. July
July
Jan.
Jan.
July
July
Jan.
July
Jan.
July
May
May
St.P.Ry.
do
June
June
1,
1,
1,
1903
1903
1908
1,
1,
1,
1,
1,
1,
1,
1,
1,
1,
1,
1,
1,
1,
1,
1,
1,
1,
1,
1,
1,
1,
1,
1904
1905
1908
1909
1910
1910
1910
1919
1909
1920
1920
1910
1921
1921
1921
1924
1914
1916
1926
1989
1989
1910
1918
Annual Report.— Fiscal year ends June 30. Annual meeting is
Held in September. Report for 1900-01 was given at length in V. 73, p.
550. 562. See also editorial, p. 528. In 1900-01 of 18 010,683 tons of
other agricultural products,
freight carried, grain furnished 26 p. c
2 p. o; coal and eke, 13 p. c; lumber, 10 p. c; other forest products,
;
9
p.
c, and miscellaneous, 40
p. 0.
1900-01.
1899-00.
1898-99.
6.512
6.347
Aver, miles operated June 30..
6,154
Passenger earnings
$7,93 ',216
$7,698,514
$6,778,921
31,2V!0,217
Freight earnings
31,357.992
28,773,222
Hall, express, Ac, earns
3,071, °04
2,965,961
2,758,489
$4?,369,0i2 $.1,884,692 $38,310,632
Total earnings
$7,503,^80
Maintenance of way
$6. 50", 864
$5,045,697
3,018,66*
Maint. oars and engines
3.0 J4.725
3,229,700
12,761,567
Transportation, gen. exp., etc. 13,932.064
11,702,325
1,322.047
Taxes
1,403,643
1,248,349
Renewal account
1,185,000
1,550.000
1,925,000
1,475,305
Additional equipment
1,111.256
814 951
Miscellaneous
811,766
75V71
$27,977,oU3 $28,420,837 $23,962,837
Total expenses
Net earnings
$14,391,509 $13,463,855 $14,347,795
(06*03)
(67-85)
(62-55)
Perot, of op. exp. to earns
174,683
144,756
117.410
Otherincome
Total net Income
$14,566,192 $13,608,611 $14,465,206
6.890,120
Interest on debt, etc
6,383,035
6,633.170
Balance for dividends
$8,l»3,l57
$7,575,085
3,975,441
DIVIDENDS PAID DURING FI8CAL TEAR.
Common
(5ifl)$2,593.123(5)$2,35],530(5)$2,318.980
(7 ) 2.851.058 ( 7)2,516,528 (7)2,278,931
$5,444,18 1
$4,868,058
$4,597,911
Preferred
Total dividends
Officers.— Chairman, Roswell Miller, 30 Broad Street,
New
York;
President, Albert J. Ear ing, Chicago; Treasurer, F. G. Ranney,
Chicago; Secretary, P. M. Myers, Milwaukee.
Director-.— Roswell Miller, New York; A. J. TCarlirjg, Chicago; Frederick
Layton. Milwaukee: J. Ogden Armour, Chicago; '•"rank S. B Dd. Joseoh Millbank. WillWm Rockefeller, Peier lieddes, August Belmont. Samuel Spencer,
J men H. Smith, Charles W. Harkness, Henry K. Rogers New York.
Executive Committee.
oswelt Miller, A. J. BarliDg, Peter Geddes, William
—
Samuel Spencer.
New York Office—30 Broad St.
(V. 72, p. 935,1187; V. 73, p. 5 50, 562.)
Chicago Terminal Transfer RR.
Chicago 4c North. Pacific
Chicago
North 'Western Ry.— (See Map.)— Operates an Important system of roads uniting Chicago, 111., with Omaha, Neb., St.
Paul Minn., with the great wheat belts of Dakota, Nebraska, etc, and
with the mining regions of Michigan and the Black Hills, Including—
Road owned in fee
Miles,
Miles. Controlled by stock.
Main lines, eto
operated separately
5,e08
Rockefeller.
—
RR.—
A
—
—
—
FremontElkHornAMo.Val.1,362
Entire stock owned
Princeton A Western
St.
16
Paul Eastern Grand Trunk
Total of
60
(leased)
Total
incl. in
all
earns
5,577
fiscal
Aug.
1,
1901.. ..7,046
714
2d track
cago
large interest in Chi-
Paul
St.
Omaha, 1,578
During the
on ao ~ ^^
<S',»*-',oou
(
.
A.
Also has
J
,^
2,155,000
5.092.000
p. c,
of the older mortgages were published in the Chronicle, V. 45, pp. 85, 114, 144, 212, and V. 48, p. 830.
The following bonds are convertible into preferred stock at any time
within ten days after a dividend shall have been declared and become
of
a 10070,000
A.
Dividend.
ed, see text.
Chicago '»Ill\t aukee A St. Panl Ry.— (See Map.)—Operates
from Chicago westerlv to St. Paul. Minneapolis and Lake Superior,
Omaha. Neb., and Kansas, City. Mo., with lines, traversing Illinois,
Iowa, Missouri, Michigan, Wisconsin, Minnesota and the Dakotas, viz..
Road.
Miles.
Road.
Miles.
Lines owned (of which 26
2nd A 3rd tracks
280
miles owned jointly)
6,597 Trackage (includ. 2d track)... 169
History, Ac— The Milwaukee A 8t. Paul RR. Co. was organized May
6, 1863, and on Feb. 11, 1874, took Its present name. The system has
since been greatly exteuded by the construction and acquisition of
other lines. The sale of the Milwaukee A Northern to the St. Paul was
ratified in Septembe ,1893. In Mar., 1901, the entire stock of the
Davenport Rock Island A Northwestern Ry.. Moline. 111., to Clinton,
Iowa. 40 miles, -vas acquired jointly with the" Chic. Burl. A Qutncy RR
and the road will be used as part of a cut off to be built in 1901 from
Davenport to Ottumwa. 119 miles, between Chicago A Kansas City.
V.
69.000
3.51K.OOO
1.560,000
4.000,000
7,432,000
2,840,000
6,670,000
2,500,000
1,106,500
2,179,000
e.o-^.ooo
3,000,000
25,340,000
1,360.000
4,755,000
1,250.000
4,748,000
2,856,000
3.083.000
24.000,000
500
1,000
1,000
1,000
1,000
1,000
1,000
1.000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
6
7
92O.000
29.0O0
398,000
SL
1873
w.
362
treasury and n
$
18711
So.
•
$100 $55,821,800
100 44,658,400
stock.
....
Preferred stook7 per cent yearly, not cumulative.
Milwaukee A St. Paul loans129
River Dlv. (SLP.AC.)lst M. con. Into pf.stk.g.c
....
Hastings A Dakota 1st M.. conv. nto pref. st'k
o*
83
Ohio A Mil. lstmort. (oonv. Into pref. stock)..
Chicago Milwaukee 4 St. Paul loans1,435
Prior Hen oonsols, convertible Into pref
1,435
1). Ext. 1st M.. convert, into pref
F.o* 335
I. A
Bond*— Prlno*
pal, When Dna
Slocks — Last
Minneapolis
A
miles.
year 1900-01 259 miles were completed and added
to the road proper.
In June, 1900, Princeton A Northwestern RR. was incorporated to
build a line from Princeton, Wis., to Marshfleld, etc., 105 miles, and in
Nov., 900, the Peoria A Northwestern Ry., to build from Peoria. 111.,
to near Nelson, 85 miles; both are to be co npleted in 1901. V 73. p.
294. Of the Southern Iowa Ry.. 56 miles, 21 miles were completed in
June, l'JOl. In Apr.. 1901, the Chippewa Val. A Vorthwest'n KR. was
1' corporated to construct a line from Rice Lake, Wis., northeast about
1
100 miles.
History, Ac—The Chicago A North Western Railway was organized
in 1859, and has since absorbed many other roads.
In December, 1882, a controlling interest was acquired In the stook ot
che Chicago St. Paul Minneapolis A Omaha Co. which see.
In July. 1884, the capital stock (except a few shares) of the Frenont Elknorn A Mo. Valley was acquired >o the terms stated in the
Supplement of June, 1885, and prior issues. Its securities, except
those held bv Chic A N. W.. are in table above. On June 20, 1901,
purchased Sioux City A Pacific RR. at Government sale.—V. 72, p.
721,1236; V. 73, p. 444.)
In December, 1891, the Milwaukee Lake Shore A Western RR. was
sought bv an exchange of stock. See V. 57, p. 375; V. 56, p. 792.
In 1900 various proprietary roads were punha-ed and others
built in the Interest of the C. A .V. W. absorbed.— V. 71, p. 291. 294
Capital Stuck..—Of the common stock $2,333,688, ana preferred
*3,795 remained in che co's treasury in July, 1900. Pref. stock has a
Srior right to 7 p. c; then common 7 p. c; then preferred 3 per cent;
len common 3 per cent; then both classes share.
Dividends— '83. '84. '85. '86to'93. '94. '95. '96to99. 1900. 1901.
4 5 yearly
6
6
Common..
7
7 6^ 6 yearly 3
Preferred.
8
8 7>a 7 yearly to Oct., 1901, Inclusive.
Bonds.— General Mortgage.— See Abstract ln V. 65, p. 1175.
The authorized issue is $165,000,000 (United States Trust Co., trustee)
$131,640,000 were reserved to retire underlying bonds, and remainder
,
38»
INVESTORS'
SUPPLEMENT.
[Vol. LXXIII.
;
OCTOBER,
RAILROAD STOCKS AND BONDS.
1901. J
RAILROADS.
Date
MUefl
Sire, or
of
of
Par
For explanation of column headings, Ac, see note*
Roail. Bonds Value.
on first page of tables.
Chicago
£
Xorth
if
extern— Common
stock...
Tr
Tr
not cumulative*.
Bonds issued and assumed l»i chic, if X. ir.
Ch. A N W. eon. s.f. M. <$l2.9O0,OOO>, not dr K.oCedar Rapid." ,OI Issourl Rtv.— 1st mort. 3»1 Div.
M. of is>4. Oed. Rapids to Dos Moines River.
Preferred stock
(7
i>.
e.,
788
150
129
129
114
62
ext. 1st >!.. g. is.f. $23.000,not dr'm.F,
Menonilneee\t.lst M.g (8. f. #20.000, not dr, K
Northw. Union 1st M.. g., Mtl.to Fond du I.m V
Ch. A N.W. cell eon. M it s.f., not dr'ue .Mr I u 1.637
General mortgage of 1897, see next page.
Winona A St. 1'etei ... iuu*u mow 1st) assumed.. 139
184
1st mort. e\t gold, hind itriint, s. r., asB'd.O.F'
Plain view RR. and Minn. Val. 1st mortgagee
24
Roeh. A No. Minn. 1st mort.. mar. (attorned). ..
71
Dak. C. 1st M.. go. (Watert'n to RedHeld, S. D.)F
l>iv.(toHawarden> go. I n
125
Dak. C.lst M.on Bo'eaat
31
Menominee Klver 1st M., two series (assumed) F
82
Mil. A Mad. 1st M.. Mil. to Madison (assuniediFo*
Chicago A Tomab 1st mort., guar, (assumed). F (
1S2
,Fj
Chicago Milwaukee A N.W. construe, do
57
1)©8 Moines A Minn. IstM.. Des M.toJewellJe.F Ac
64
Ottuni .C.F.A St. 1*. 1st M. ($25,000 p.m.). gu.l n.c"
76
Ko. 111. 1st M. ($20,000 p. mile), assumed Uii.c*
413
Mil. L. 81i. A- W.. (Jonsol. M. (now 1st) gold.O.c*
82
Mich. Div. 1st mort. (for $3,000,000), g..Ce o'
Ce.o*
40
Ashland Division 1st mortgage, gold
e"
693
Deben. (see text) sec. by mort of '89, g. ..<«.
693
Ext.AImp.M.for$o,000,000,g.,8.f. notdr.t'c.O*
r
Income bonds (not cum.)
40
Marsh.Ex.lst M.$t;(H),000($15,000p.m.).i;a c*
C.AN.W.s.f.bdsor79($15,000p.m.)r'd.atl05.FcAr 1,041
71
o*
Iowa. Div 1st M.. $20,000 per mile. In.
Madison
.
1865
1866
1884
1871
1871
1872
1872
.
(
—
I
I
1884
1888
1*87
1889
1881
1892
1879
1891
1,000
1 .000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
,000Ac
1,000
Chicago A North Western By.- Concluded.)
(
t
per cent.
May
CHICAGO A NORTHWESTERN PROPER.
31.
1901.
1900.
1899
1898.
Average miles oper..
5,507
5,218
5,077
5,071
Passenger earniDgs.. $9,718,191 $9,002,688 $8,067,627 $7,256,299
Freight
31,864,945 32,008,684 28,155,677 27,035,105
Mali, express, Ac... 2.015,451
1,939,433
1.793,010
1,759. 156
Total earnings... $43,098,^87 $42,950,805 $38,016,31 4 836,050,561
Oper. exp. A taxes.. 27,229,998 26,994,01'3 24.828.71 4 23.746,485
Net earnings
$15,868,589 $15,956,792 $13,187,599 $12,304,076
P. c. exp. to earnings (6318)
(6531)
(6285)
(6587)
Total net receipts.... $16,44"). 669 $1«,486.5S2 $13,731,577 $12,761,010
Net interest on debt. $6,324,752 $6,069,384 $6,232,235 $6,488,605
Dividends
3,bl4,394
3.914,294
3,523,270
3,519,823
Sinking fund, etc...
299.630
355,640
340,745
517,260
Real est., const ,Ao.
4.169,526
4,542,041
Balance, surplus.
$1,737,367 $1,605,121 $3,63o,306 $2,235,323
FREMONT ELKHORN A MISSOURI VALLEY.
Tr. end. May 31.
1901.
1900.
1899.
1898.
Grossearnings
$4,287,t06 $4,121,458 $3,885,489 $3,881,340
>et earnings
$1,307,781 $1,216,124 $1,274,6*7 $1,237,948
Total charges
1.021.945
1,020.879
1,021.391
1,020.908
Balance
sur 2s5,836 sr.$224,733sr.$253.808 sr.$z 17,0*0
OFFicF.Rs.-rhairman, Albert Keep, Lake Geneva, Wl*. President,
ln Hu ? bi,t Chicago; Vice-President and Secretary, E. E Osborn;
a
o2 Wal. St., New York; 2d Vice-President, M. M. Kir* man. Chicago;
Treasurer and Assistant Secretary, S. O. Howe, New York; General
Manager. W. A Gardner, Chicago.
Direc'ors — W. K. Vsnderbllt. F. W. Vanderb.lt, H. McK. Twombly, Samuel
*. Barger. Chaunoev M. Depew. James Srillman, James C. Fargo, M. L. 8ykes,
New \o -k; Albert Keen. Lake Geneva. Wis.; Marvin Hutthut. N. K. Fairbank,
? y,V^,L &m.ltu c > s H. McCormick, Marshall Field, Cnicago: David P. Kimball, Oliver Ames, Boston; Zenas Crane Dalton. Mass.
-(V. 72, p. 721, 1134, 1135,1236; V. 73, p. 285, 291,444.)
^^
-
-
-
™
7
7
Q.-F.
M. A N.
do
769.000
2,977,500
2.546.500
3,365.000
7
7
J.
7g.
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
i
I
A.
g.
7g.
7
7
7
7
7
6
6
7
6
6
6
7
5
1,528,000
e 601,000
for additions and Improvements, $4,000,000 at once and $1,000,000
a year thereafter. The bonds may be issued bearing such rate of Interest as shall be deemed advisable. See V. 65, p. 1070. The first Issue
of $20,000,000, bears 3*3 per cent (reg. Interest Q.— F., coupon M. AN.).
V. 65, p. 69, 111, 571. Up to Oct., 1901, $12,492,000 had been listed.
V. 67, p. 125; V. 72, p. 86.
The sinking fund bonds of 1879 are seoured by deposit In trust
Of $15,000,000 of 1st mortgage bonds at $15,000 per mile on subsidiary lines, the most important being described in Supplement of
May, 1894. Of the sinking fund bonds of 1879 $6,069,000 are 6s;
the sinking fund is at least 1 per oent of outstanding bonds, which
are subject to call at 105; and through its operation the amount
outstanding has been reduced from $15,000,000 to the figure In table.
The linking fund debentures of 1933 have a sinking fund of $200,000
Ser year. If they can be redeemed at 105. See description of all the
ebentures on page 2, Supplement of April, 1895.
The extension bonds of 1886 are secured by deposit in trust of first
mortgage bonds at a rate not exceeding $20,000 per mile. Included in
the collateral June 1, 1896, were $10,675,000 Fremont Elk Horn A Mo.
Valley lsts and $2,560,000 1st > Wyoming Central lsts [consolidated
with F. E. A M. V.J. etc. see F. E. A M. V. bonds below.
The Fremont Elkhorn <£ Missouri Valley consols have a first lien on
1,170 miles (Fremont, Neb., to Deadwood, D. T., 557 miles, and
branches to Hastings, Albion, Ac., 613 miles), but besides the amount
of Issue given as outstanding In the table $10,675,000 are held as part
collateral for Chicago A Northwestern extension bonds of 1886. The
Northwestern assumed $3,600,000 of the Fremont Elkhorn A Missouri
Valley bonds and guarantees the rest. See guaranty V. 56, p. 650.
The Milwaukee Lake Shore <t Western debentures of 1887 were by
their terms convertible into M. L. S. A W. stock, but North Western
officials state that the bonds are oot convertible Into North West stock.
The Boyer Valley Minnesota A Iowa, Boone COHnty Mankato A New
Ulm. Minneso a ASouth Dakota and Iowa Minnesota A Northwestern
bonds weie assumed in June 1900, the roads being absorbed upon
completion. See V, 71, p. 28, 291, 291, 340.
Land Grant.— Lands and lot sales in 1900-01, $614,721; net cash
receipts, $490,563; lands unsold May 31, 1901,560,278 acres.
General Finances.— The first issue of ($20,000,000) refunding bonds
at 319 per cent interest was sold to provide for $18,015,500 old bonds
maturing up to Deo. 1, 1902. If the entire Issue of $20,000,000 is required to refund these old bonds the savin * in interest charges will be
abont $530,000 per annum— see " b( nds" above and V. 65, p. 69. 111.
In June, 1901, $121,315,000 old bonds were still unconverted, the
balance. $10.330,COO, having been exchanged. SeeV. 72, p. 86.
In 1900-01 the average freight train load was 237 tons, against
235 tons in 1899-00; rate per ton mile, 0~5 of a cent.
Earning— For 5 mos. ending Aug. 31, 1901, $12,111,790 gross in
1901-02, against $10,457,181 in 1900-01.
Anni at. Report.—Fiscal year ends May 31. The annual meeting is
held the first Thursday in June. The report for 1900 01 was given at
length n V. 7:>. p. 285, 291. See also editorial, p. 261.
Of the freight carried in 1900-1 (total 25,527,575 tons), ores furnished 23 per cent; lumber and logs, 15 per cent; grain, flour and mill
stunV 1 3 per cent; other agricultural and dairy products, 3 per cent;
coal aud coke. 15 percent; metals and machinery, 5 per cent: stone,
sand, brick, etc.. 5 per cent; livestock, 4 per oent; miscellaneous, 17
Tear ending
do
7 172,000
500 Ao.
do
U880
1882
1882
1SS4
1S85
1881
Dividend.
J. N. Y.,Co.'e Omoe,52 Wall
Q.-J.
|
>
A
7
1867
1,000
1.592,000
1871 100 Ao. k 4,038,500
1S7S
250.000
200.000
1878
1SS2
a 1,007,000
1882
2,000,000
76-'80
560,000
1,600,000
1880
1,000
.
Whom.
Payable
Cent.
In 1901 J.
12,832,000
2,332,000
1,000
500 Ao.
500 Ao.
500 Ao.
500AC.
Howls— PrinciINTEREST OR DIVIDENDS.
pal, When Dne.
per When Where Payable, and by Stocks— Last
Rate
Outstanding
$100 $39,114,678 6
100
22,895,120
4,273
4,273
|
Amount
39
600,000
1,600,000
1,500,000
5,000,000
1,281,000
1,000.000
436.0O0
4,148,000
500,000
400.000
12,860,000
162.000
5
J.
M.
g.
J.
M.
J.
g.
A
A
A
A
A
A
A
D.
O.
D.
8.
D.
N.
D.
Seml-an
M. A 8.
M. A S.I
M. A N.
A
M. A
M. A
M. A
F. A
M. A
M. A
5
6 g. M. A
6g. J. A
6 g. M. A
5 g. F. A
5 g. F. A
M. A
6
A. A
5
A6 A. A
A. A
41a
J.
J.
S.
N.
N.
A.
8.
8.
N.
J.
8.
A.
A.
N.
0.
O.
O.I
July
8, '01,
Oct. 4/01,
3%
l\
Feb. 1, 1915
May
Juno
Apr.
June
Jane
Deo.
Nov.
Deo.
1,
1,
1916
1909
1911
1911
1917
1902
1,
1,
1907
1916
1,
1,
1,
1,
1908
Sept. 1, 1908
Sept. 1, 1907
1, 1907
1, 1906
Sept. 1, 1905
Nov. 1, 1905
Nov. 1, 1905
Feb. 1, 1907
Moh. 1, 1909
Moh. 1, 1910
1, 1921
July 1, 1924
Moh. 1, 1925
Feb. 1, 1907
Feb. 1, 1929
1, 1911
Oot. 1, l'>22
Oot. 1. 1929
Apr 1, 1902
Nov.
July
May
May
&
Chlo»»<ro Peoria
St. Louis Ry.— Road.— Owns from Pekln
Granite City, 111., 180 miles; Madison to Bridge Juno., 3 m.;
Havana to Jacksonville, 111., 42 m.; branch, Lock haven to Grafton, 8 m.;
total owned, 233 in.; trackage, Pekln to Peoria, 10 in.; Granite City,
111., to Merchants' Junction, 3 m.; in city of Springfield, 1*2 m.
Owns
and operates Litchfield & Madison Ry., Litchfield Jet. to Madison, 44
m.; trackage. J. & St, L. Jet. to Litchfield, 1 m.; total 29250 miles. Reorganization and consolidation of Chicago Peoria A St. L. RR. and St.
L Chic. A 8t. Paul Ry., sold in foreclosure Jan. 8, 1900, per plan In
vol. 68, p. 722. Took possession March 1, 1900.— V. 70, p. 429.
Bonds.— Of the $2,000,000 prior lien 4*38 (City Trust Co. of N. Y.,
trustee), $t50,000 are reserved for future extensions, improvements,
etc. Stock, com., $3,600,000; pref., $3,750,000.
New Securities, Etc —In July, 1901, it was proposed to exchange
to
the
Ch
P.
A St.
L.
incomes dollar for dollar for new 1st pref. stock,
present preferred to be second preferred; also the L. A M. incomes
for new L A M. pref. stock
Over a majority of each class of incomes
has consented to this exchange and. together with a majority of each
of the stocks of the two companies, to deposit their seourlties under
an agreement In trust with a seouritv holders' committee (Thos. Carmichael, 27 Pine St., Chairman), with authority to sell the same on or
before Aug 1,1904, at prices therein named. See V. 73, p. 183.
Year to June 30, 1901. gross, $1,347,353; net, $236,344; other income, $15,000; fixed charges, $218,657; bal., sur., $32,687. For 2
mos. ending Aug 31, 1901, gross. $232,767, against $208,038 In 1900.
President, Charles E. Klmba'l, Near York; Seoy. and Treas., Ralph
Blalsdell, Springfield, lIlLj Asst. Sec. and Asst. Treas T. C. Wellman.
Thomas Carmlohael, New York, office 27 Pine St., Is interested.— (V
71, p. 913; V. 73, p. 183.)
,
Chicago Rock Island
Operates from Chicago,
111.,
dc
via
Pacific
and via Kansas City,
Lines owned—
Miles.
Chic, HI., to Council Bluffs.Ia. 500
Davenp't, la. to Atch'n, Kan. 341
Elwood to Liberal, Kan
440
Herlngton,Kan.,toTerral,I.T. 349
Horton, Kan. to Roswell.Col. 569
Gowrle to Sibley, la
110
Branches
820
8pring8, Col.,
,
,
Ry.— (See Map)— Road.—
Omaha, Neb.,
to
Denver and Colorado
Mo., to Terral, I. T., with brandies.
Leased, etc.— (H Which see.) Miles.
47
Peoria A Bureau Valley
If
162
Keokuk A Des Moines
tf
Des Moines A Fort Dodge.. II 144
Trackage to Kansas City,
No. Topeka, Kan., Denver,
Col., Pueblo, Col., etc
338
Other lines (sea below).
Total owned Apr, 1, 1901 .3.128
Tot.lines oper. Apr, 1901. .3,819
In November, 1900, the Gowrle A Northwestern RR. line from Gowrle
to Sibley, la., 110 miles, was opened and the line of the Guthrie A
Kingfisher RR., from Kingfisher, O. T., to Cashlon, 16 miles, both
being merged in Dec 1900.— V. 72, p. 1142.
In Dec, 1900, the Chicago Rock Island A Mexico Ry. and Chic R. I.
A- El Paso Ry. were incorporated to build an extension from Liberal,
Kan., to Santa Rosa, N. M., 259 miles, at a connection with an extension of the El Paso A Northeastern (New Mex. Ry. & Coal) to be built
from Carrlzosa, thus affording a through route to the Pacirto coast, via
El Paso and the Southem Pacific. V. 71, p. 1219; V. 72, p. 820. In
June, 1901, 114 miles was operated. The Enid A Anadarko Ry. is
building a line from Enid, O. T., southwesterly, of which 55 miles to
be constructed in 1901.
Chicago Rock Island & Texas, Terral to Fort Worth, Tex., 93 miles
bonds are all deposited as collateral for the general mortgage bonds,
but the road Is operated separately.— V. 61, p. 793.
History.—The present Chicago Rock Island A Pacific was a consolidation June 2, 1880. with $50,000,000 stock authorized.
8tock.— In Julv, 1901, stockholders subscribed to $10,000,000
additional stock, raising the amount to $60,000,000. See below.
Dividends >'90 '91 '92A'93 '94 '95 '96 '97 '98 '99 '00 1901
since'89. r\ot. \ 4
3*3
2
2 2^ 4^
5
5
5
3
4
Also In 1898 a distribution of 10 per cent was made in stock to
represent earnings expended for extensions, etc., in 1880-85. (V. 68,
1881 1< '87, 7 p. 0. yearly In oash; '88, 6*s p. c.
p. 113H.)
Dividends in 1*98-9 above 4 per cent were charged to Addition and
I- iprovement Account, which also stands pledged to pay a H per cent
" t-pecial " dividend quarterly up to and including the next regular
di /idend day following Jan. 1, 1903. V. 68. v. 1136.
Bon >s.—The refunding mortgage Is for $100,000,000 (Central Trust
Co., trustee), of which $64,972,600 were reserved to retire $62,712,000
$2,000,000
existii.g bonds (Including $50,212,000 paid In 1898-9)
were Immedlate.'y available for additions or improvements $500,000
have been issueo. to facilitate the issue of refunding bonds; $5,500,000 will be available after 1902 at $18,000 per mile, to retire bonds on
lines purchased, ana remainder are issuable at not over $1,000,000
per annum for permanent improvements and additions, including
equipment. See Mortgage Abstract in V. 66, p. 522.
General Finances.—Av. freight train load in 1900-1, 182 tons, rate
per ton mile, 099c; in 1899-0, 177 tons; rate per ton mile 099c
In July. 1901, stockholders subscribed at par to $10.00>,000 new
stock, to be used in part to pay for extension from Liberal, Kan.,
southwest to a connection with the New Mex. Ry. A Coal Co., 259
miles.—V. 72, p. 1135; V. 73, p 184. The refunding of bonds during
1898-99 reduced annual interest charge over $400,000.— V. 65, p. 571;
V. 67, p. 55. In June, 1901, $54,581,000 of the new general 4s had
,
;
;
been
listed.
40
INVESTORS' SUPPLEMENT.
[Vol. TiXXTTI.
o
c
October,
;
RAILROAD STOCKS AND
1901. J
RAILROADS.
Date
Miles
Size, or
of
of
Par
For explanation of column headings, Ac., see notes
Road. Bonds Value.
on first page of tables.
*
W.f Con. )-Ch. AN. W.
Fn o**r
25 vear debentures
Vu o'&t
30-year debentures
Exten. 4s. $20,000,000 ($20,000 p. m.).Uii ctr
Gcu'l gold bond, niort., $105,<K)o OOO..U«..o\tr
90
Bover Val. Rv.. 1st ML, .,$16,000 perm F.c'Ar
Minn. A la Ry.. 1st M„g.. $16,000 per ni.F.o Ar 119
26
Mankato A K6W I hn, 1st wort gold, $410,000.
86
Southern Iowa, 1st mortgage. $1,120,000
105
Princeton A N'>rth'n, 1st mortgage, $2,100,000.
85
Peoria A Northwest., 1st mortgage, $2,125,000
33
Minn. A 8o. Dakota. 1st M., gold. $528,000. F.o*
Iowa Minnesota A Northwestern lstM.,g.F o**r 195
M.$20,00Op.m.seetext. 1,170
Frem Klk A M. V.cousol
C.
1883
18S4
1891
isso
1897
sk.fd.deb.,'33irii*Ar
W.
l.OOOAc
l.OOOAc
l.tKKU-o
l.OOOAc
l.OOOAo
lS'.lH l.OOOAc
1899 l.OOOAc
,
1900
1 000
1900 l.OOOAc
.
i
1883
230
Si.L.— Vc. lien ML, g ..calljtit 107»«.CI.o*
230
Consol. M., $2,000,000. g.. called at 105 Col.o*
Income M., g. (text) non cum called at par. EC 230
44
CI
I.ltch A Mad. due ) M. (iext» 5%. non-cum
Chicago H-ek Itld.Jt Pae. -8tk. (for $60,000,000)
736
1st M .('bio.. 111., to Council Bluffs Abr'ohes.Us.c*
General mortgage, $100,000,000, gold...Ce.CAr 3,128
ft&aeamSI Louis A>ir Orleans— See ILL. CENTRAL.
CkU
1'to
1900
1900
1900
1900
rf
,
(
St.
500
100
1877 L.OOOAc
1898 l.OOOAc
Omaha—
Paul Minn.
100
100
C0U1. Stook..
iC
Pref. stock, non-cum., including scrip (see text)
St. Paul Stillwater A Taylors' Falls 1st mort. ...o
Hud A River Falls 1st M., Hudson to River Falls.
,g.,ElroytoL.8t.C.a88'd.o*
Ch.8t- P. A Minn. 1st
81. P. A Sioux City. 1st M.. g.. $10,000p.m..Ce.e
Chieaqo
l.OOO
1,000
1,000
1,000
1S7S 500 Ac.
1878 500 Ac.
1878 500 Ac.
1879
1,000
1880
1,000
1890
1,000
1880
1.000
1886
1,000
21
12
177
M
607
80
37
Amount
Outstanding
$9,800,000
10,869,000
r9.819.OO0
Ii 17489.000
12.4w2.000
), 440.000
1.901,000
N"ne J'ue'Ol
N'ueJ'ne'Ol
">'no J'ne'O
N uc J'ue'Ol
528.000
3.9OO.0O0
7,725,000
41
BONDfe.
INTERK8T OR DIVIDENDS.
When Where Payable, and
Payable
Cent.
Whom.
Rate per
A
A
5
5
M.
M.
5
4
F 15AA.
N.
N.
N.
do
do
do
do
do
do
do
A15AO
U
3Vjg.
3>sg
J.
J.
3»«g.
3>4g.
A.
3>«g.
D.
D.
O.
J.
6
A.
1 ,250,0'
4»sg. M.
5 g. J.
2,000,000
Up to 5 p er cent
See text
See text
Up to Sp'er cent,
F.
60,00 ,000 5 In 1901
6
J. A J
12,500,000
4 g. J. A J
55,581,000
N.Y.
office,
do
8
2 g
'
8*
A
A
A
A. A
J. A
M A
J. A
3 &
M. A
J. A
June
Oct.
do
Jan. 1
Jan. 1
o
1935
1935
1933
1930
1930
1930
1930
,
,
Oct.
1
Mob.
1,
July 1
July 1
July 1
,
,
,
I,' 01,1>4
July 1 , 1917
Jan. 1 , 1988
St
do
do
do
do
do
do
do
do
N.
1924
1928
1,
1,
Chicago. Nov.
N. Y.,13 William
J
J
M.
1938
1,
Nov. 1, 1909
Apr. 15, 1921
Aug. 15, 1926
Nov. 1, 1987
Dec. 1, 1923
Feb.
N.Y., Office, 52 Wall
18,559,034 Mnl901
do
do
11,259.912 7 In 1901 F. A A
7
Dividend.
do
do
do
27 Pine,
do
New York and
pal.When Due.
Stock*— Last
May
8t.
when earned.
when earned.
Q—
334.800
125.000
2,002,000
6,070,000
796,000
400.000
14,415,000
394,000
650.000
13.585.000
by
do
do
do
do
do
do
do
do
do
do
.1.
3*g.
A
A
A
Y, 52 Wall
Bond*— Pnnol-
St.
do
do
do
do
do
do
do
Feb. 20. *01, 5
Aug.20/01,319
Jan. 1, 1908
July 1, 1908
May 1, 1918
Apr. 1, 1919
J.
Jan. 1, 1930
Ho.W1s.lst M. LakeSt.C.tonTSpoonerass'd.Ce.o*
N,
5
Nov. 1, 1915
Bault Ste. Marie & Southwest'n 1st M., assumed.
D,
6
June 1, 1930
C.St P.M. AO.e.M.,$30.OOO.000($15,O00p.m) « e .0'
D N. Y., Mercantile Trust, June 1, 1936
Cktr. Term'l Tr. RR.—Ch AGt,W.,lst M.,g.,a8S'd 0*
N,
To City of Chicago.
May 1, 1938
City of Chicago purchase money inort., assumed
91 1897
1,000
4 g.
J N. Y., Mercantile Trust, July 1, 1947
Chic. Term. Transf.l st M..k..$1 6,500.000 Us. o*<tr
In addition the sinking rund June 1, lt-01 held, a, *5«.oOi>; b, $172,500; c, $150,500: d. $135,000; •>, $149,000; f., $521,000 (and
reg stered
F.
If Coupon luterest M. A N.;
$10,000 on hand): g., $181,000 h, $1,143, 000: k $202,500.
I
I*
Q—
;
:
Road Owned—
Chicago Rock Island A Pacific Ry.— Concluded.
Earnings.— From April 1 to Aug. 31 (5 months).
Miles.
Leased Lines—
Miles.
Harrison to Madls'n St., ChiclO'86 Chicago June Ry. (McCook
to Franklin Park)
46th St. to South Oak Park. 536
1054
6-76 Chicago Junction Ry
'13
40th St. to Cem., etc
Tn CK A P —
Western Ave. to Blue Island.1519
3*87 E. Chic Harb. to South Chic
H arvey J unc to L arvey
2844
(B. AO.)
Clark Jet. to McCook
661
East Chicago to Whiting... 389
Total July 1, 1901
Franklin Park to Mayf air
6 95
10784
Harvey to Chicago Heights. 9 z4 2d track
5429
.
5
f>io».
Other hie.
Net.
Gross.
Int., etc.
Balance.
$2,532,412
1,830,288
$3,781,829 $345,583 $1,595,000
3.070,995
344,278
1,584,985
Annual Report.—The fiscal year ends March 31. Annual meeting
Report for 1900-01
is held In Chicago on the first Wednesday In June.
at length was in V. 72, p. 1133, 1141— see also editorial, p. 1104.
1900.
1899.
1901.
Year ending March 31—
3,819
3.647
3,619
Miles operated
$6,400,014
$5,541,037
$5,053,581
Passenger earnings
17,730.398
14,351,656
15,881,092
Freight
rentals, etc....
1,234,283
1,228,475
1,262,677
Mall, express,
1901-2 ..$11,766,207
1900-1... 10.112,903
$25,3*4,695
$8,199,602
7.500
693,879
Gross earnings
Net earnings
From land department
Income from
loans, eto
$22,650,604
$7,668,153
3.000
698.440
$20,667,914
$6,991,«04
6.000
704,468
*
1
,
-
.
11075
Sidings
90-37
Total
27288
Total, all tracks
History.—A reorganization In June, 1897, of Chicago & Northern
Pacific and Chic. & Calumet Term., planV. 64, p. *88, 898. InFeb.,
1901, Harriman syndicate acquired control.— V. 72, p. 241, 580.
Tenants.— Bait. & Ohio, Chic Great Western, Chicago Hammond
A Western. Suburban RR. Co. of Chicago. In 1898-99 the St. Louis
Northern Ry. Co. (see Chicago A Alton) contracted to be99- year lease, but subsequently Edward H.
Harriman, Jacob H. Schiff, James Stillman and Ueorge J. Gould agreed
that on or before Jan. 1, 1904, "they will cause the Chicago & Alton
RR. Co., or some other corporation satisfactory to the Terminal Company as to responsibility, to become the successor to the St. Louis
Company as lessee under said lease of Oct. 1, 1898." V. 68, p. 1225
Peoria
A
come a tenant under a
$8,9C0,9H1
Total income
Rent leased roads
Interest on debt
$747,227
2,911,980
144,756
(4)1,999,692
Missouri River bridges
Dividends
$8,369,593
$717,417
3,055,313
134,802
(4)1,99.- ,586
$7,702,272
$716,802
3,084,616
127,737
(4)1,960,389
V. 69, p. 7i 3; V. 71, p. 652.
$3,097,326
$2,462,475
$1,812,728
Officers.—Chairman of the Board, R R. Cable, Rock Island; President, W G. Purdy; freasurer and Assistant Sec, F. E. Hayne; Secretary, Geo. H. Cros -y, Chicago; Assistant Treas. and Assistant Sec,
Geo. T. Boggs. 13 William Street, New York.
Directors. H. R. B'shop.AleiHnder E. Orr, Ojden Mills. G S. Brewster, Wm.
B. Leeds, Tr»cr Dows. A. K. Klower, Wm. U. Muore and D. G. Reid, New York;
Marshal! h'ield and W. G. Purdy. Chicago; R. R. Cade. Rock Island; F. H.
Balance
'.r.Bus,
Davenport, la.
p. 820, 1133,1135,
—(V. 72.
1141,1187; V.
73, p. 184, 286
Chicago St. Paul Minneapolis Sc Omaha Ry.— (See Map Chi'
4 Xorth Western.) — Road.— Main line—Elroy, Wis., to Omaha, Neb.,
cage
1,578 miles, of which 1.509
miles are owned and 69 miles leased. V. 69, p. 1147. In May, 1901,
a Wisconsin RR., Spring Valley to Emerald,
purchased the Minnesota
Wis., 21 miles, included above.— V. 72, p. 872.
History.—This was a consolidation July, 1880, of the Chicago St,
Paul A Minneapolis, the North Wisconsin ana the St. Paul A Sioux City.
In November, 1882, a controlling interest in the stock was purchased
tor the Chicago A Northwestern Railway by the acquisition of 93,200
hares of common and 53,800 shares of preferred.
Stock.— Authorized common, $21,403,293; preferred, $12,646,833.
Held by the company Dec 31, 1900, common stock and scrip, $2,844,240 preferred stock and scrip, $1,586,921. Preferred stock has a prior
right to non-cumulative dividend of 7 percent; but common is never
to receive more than is paid on preferred.
593 miles; other
lines,
Dividends since
"88
Common, in Feb.,%
966 miles;
)
total,
*89 '90 '91 '92 '93 to '96 '97
'98 '99 '00 '01
2 3*s 5
5
None.
2
Preferred. P. ct....> 3
4 4 6ig
7 per ann. (3** FAA.)
Bonds.— There are $75,000 Minneapolis Eastern 1st m. guar. 7s
due Jan. 1, 1909; $1,500,000 Superior Short Line Ry. bonds are owned.
Chicago St. Paul A Minneapolis 1st 6s, due 1918, and North Wisconsin
1st 6s, due 1930, are exchangeable at option of holder at any time,
dollar for dollar, for consoL 6s of 1880, due 1930.— V. 68, p. 521.
Lands.—Sales 1900, 46,43 ~ acres, $71,011; unsold, 298,828 acres.
Latest Earnings.— From Jan. 1 to Aug. 31 (8 months) gross,
$6,791,655 in 1901; $6,209,453 In 1900.
>
<
•
Annual Report.— Report
Tear ending Dec. 31—
for
1900 was in V. 72,
Gross earnings
$10,342,000
Operafg expenses and taxes. 6,489,154
Net earnings
Net rentals paid
Net int. on debt (less other
Div. on pref. stock
Dlv. on com. stock
Appropriation for imp'ts
1898.
$10,488,814
6,518.136
$9,5' 0,992
500,000
$3,970,678
114,861
1,364,483
(7)787,976
(5)927,730
500,000
$3,499,429
111,523
1,393,852
(7)787,976
(3 12)649.28o
4*0,173
$182,399
$71,011
$275,630
$63,738
$136,621
$30,360
$3,852,846
110,243
inc.) 1 ,34 4,478
(7)787,976
(5)927,750
.
Surplus of RR. Co
Net from land sales
-(V. 68, p. 129, 521, 1193
720.
p.
1899.
1900.
;
V. 70,
p.
Chicago Terminal Transfer
892; V.
72, p.
6,091,563
671, 720,872.)
RR.— (See
Jfaj).;- Property.—
Consists of passenger and freight termi. als in city of Chicago, lines
of railway leading thereto, and a belt line around the city. Company
owns 760 acres of land in and adjacent to the city, of which 50 acres
are In the centre of the business district; also ineludes 7,500 feet of
dock property on Chicago River. Nearly all land, including that upon
which tracks have been built, is owned in fee.
Securities.— Stock— The $17,000,000 pref. Is entitled to preference
common in liquidation, and to non-cum. dividends
at 4 p. c. per annum before any dividends are paid on common. Bonds
—Of the $16,500,000 1st 4s, $1,305,000 are reserved to retire the asto the $13,000,000
sumed bonds; $l,610,000.for new property.
Gross, $132 947; net, $65,865
Latest Earnings— 1 mo. ) 1901
July 1 to July 31.
Gross, 118,505; net, 62,539
51900
Report. -Report for year ending June 30, 1901, given at length In
V. 73, p 738, shows gross, $1. 30,990; net, after deducting taxes,
$603,322; Interest, $591,200; bal., sur., $11,422.
Officers.— Pres. and Gen. Mgr.. J. N. Faithorn, Chicago, 111. Sec.
and Asst. Treas., R C. Bogart, Mills Building, N. Y.— (V. 73, p. 783.)
Chicago A Western Indiana RR.—Owns a valuable terminal
system of roads affording entrance into Chicago to the roads named
below. Its lines extend from Dearborn Station, Polk Street, Chicago,
to Dolton, 17 miles, also to Indiana State Line, 10 miles, to
Cragin, 16 miles, and to South Chicago, 5 miles ; total, 48 miles; total
track, including 2d, 3d, 4th tracks and sidings, 221 miles also owns
860 acres of real estate, passenger and freight yards, warehouses,
elevators, etc The Belt Ry. of Chicago leases and operates 99 miles of
the 221 miles owned by the Ch. A W. I., its securities being all held by
the companies leasing the Chicago A W. I.; see V. 60, p. 1058.
Leases.— This company's road and terminals are leased under perpetual contracts to the Wabash, the Chic A Grand Trunk, the Chicago A
Eastern Illinois, the Chicago A Erie and the Chicago Indianapolis A
Louisville, each of whloh five companies owns $1,000,000 stock. They
ire also leased to the Atchison, the Elgin Joliet A Eastern and the Belt
Railway. The annual rentals must always exceed by at least 20 per
;
;
sent the Interest on the bonds outstanding.
Dividends.— ) 1892-94. '95. '96. '97. *98
Percent.
5 6 yearly.
7^66 66
payments
1900.
1901.
6
(amountingin year 1900 to $206,000)
'99.
6
Bonds.— Slnklngfund
annually retire a portion of the first mortgage bonds at 105 and interand after they are all drawn the general mortgage bonds become
subject to same sinking fund and will be drawn at same price in such
annual amounts as will retire the debt by maturity. Of consols
of 1901, $6,000,000 were authorized to be issued at once to pay for
track elevation and other improvements, about $10,230,000 of the
balance being reserved to retire old bonds outstanding.— V. 73, p. 31.
Annual Report— Fiscal year ends Dec. 31. Report for 1900 was in
tf.
72, p. 1185, showing gross income, $929,963; interest, etc, $638,7J9; dividends, $300,000; bal., deficit, $8,806.— (V. 73, p. 31,444,662.
Chicago & West Mich.—See Pere Marquette RR
Chicago Wis. dc Minn.— Sold in 1899 to Wisconsin Central Ry.
< hili uahua:& Pacific
Completed Apr., 1900,from Chihuahua, Mexii o, to Minaca, 125 miles. Projected to Port Stlllwell on the
Gulf of California (Pacific coast) in two sections of 155 milesea ch, to
be completed April, 1903, and April, 1905, respectively, and to form
connecting link of the proposed new line of the Kansas City Mexico
A Orient RR., from Kansas City to the Gulf. Subsidies by Mexican
Go\ ernment in its 5 per cent interior sinking fund bonds are: On 125
miles completed (already received), $1,400,000, on second and third
These subsidies were in Oct.,
sections will aggregate $4,750,000.
1900. transferred to K. C. M. & O from Chicago to r'aclflo Coast. 8ee
K. C. M. A O. statement and V. 71, p. 181. Stock is $2,500,000, all
Issued. No bonds issued to Jan.. 1901.— (V. 66, p. 573; V. 71, p. 181.)
Geary, O. T., on the Choc Okla. A
Choctaw Northern
Gulf, northerly to Alva, about 103 miles, operated in nept., 1901.
Branch from a point in Woods County north to Anthony, Kansas,
Controlled by much tha
133 miles, was under construction.
est,
RR.—
RR.—
'
INVESTORS' SUPPLEMENT
4S
Wilmette
[Vol. LXX1II.
zj'rtdf
i
\
CHICAGO TERMINAL TRANSFER
R. R.
MAP SHOWING
PROPERTY OF RAILROAD
IN
THE
BUSINESS CENTER OF CHICAGO
II
^/city
*/
um
\*
~
\
\ vt
fRANKLIN
j
CITY/LIMITS
Edge\[rookV
Norwood Park
Rose Hill
Edgewater
Andersonl
- Vrgyle Park
-X^,
i
LIU.TS^.
CITY
I
CHAnd'centraiI
pass.stati6n
Rogers
**->
X
L,
|
V
Edison Park
I5Qc
r
Park Ridge
"
L
Uhvm'pgiiJ.SUtJ
.Morton Grove
Dunning
ayiair
roM-HOUSi^"i^
fl— J
H Vuri-n
_ Kiin^uWsiJ HiUc
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1
,
-couRT^.fTs^TK^,,
—
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ii_i—
LXGDLHr5
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-J
1
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ll
|l
81.
R'avenswjood i
Jrving
!C
=
3
ra
wood
.Cragin
^i
t?
iv
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^
-*—.
-o
-?
-o**«
...
4*
ANTRAL
"«?
T
<R.£*
k^
I
O
R]
,12th
St.
^
JO
CI
Jrighton
Co
>
I»«
Union
o
u
,0°
S*NT»
T^
c
Bvd.
59th St.
63rd St:
i
1
^
ladison Park
jSouth Park
J
j
^A
Englewooc
oodlawn
eel
Union,
69th
^
(Brookdale
.Parkside
St.
72nd
V —J Transfer
v 'Ry Co
'
St.
•
C
"
^Kenwood
1
TJailficld
Shappell
/""NChicaiiO »
/Dole*
(
Yard
51st St.
NAL
Summit
S:d:nr
—
Stock
R.
R.
^V
Shepard
I
Seafield
Auburn
akley Av.
i
fGrTtajd
:
>vCl08Sill
Windsor Park
©
Cheltenham
St.
JEU:
'Mt. Forest
irJjS7t»
Willow Springs
.WJUon
i
.imrsM
^
I
South' Chicago
i
SALT.
jLongwood
side]
•urns
in ^th/st.^
Chicago Ridge
U
107th
st
JTracly
j
'
uColehour
A
City luAts
Benck
•
4 Lane
119th 8.
Aliip'a
Hansen
Trimble'!
Pk.
NvSheffield
K
m? Kensington
"^
Mount He pel
-,
"\»
I
-
^
pJllman
Morgan Pk
forth.
V
f9iEt/rst.
— ""A
^5^
.Whiting
o
standard Oil Co.
r
i
Wireton Pk
Harveyj
a.^R
.^r^—
^-2ilJIiddletori
E.Hyde Park
lessville
Bremen
MAT OF THE
<
IIICAGO
TERMINAL TRANSFER
RAILROAD
AND CONNECTIONS.
—
1
)
October.
19
KAILKOAD STOCKS AND
'1
riber. will confer a great f»vor by
sabm
RAILROADS.
Ikom
-
U
In-
l'.ne
Immediate notice
Size, or
of
For sxplanatlon of oolumu headings. Ac. see notes
Road. Bo°nds Vafue.
on first pnire of table*.
<t Western "mHoim*—8took (see text)
mort., gold, sink, fuinl. tabjeot call at 105.0*
t»*
(.eneml uiort.. gold, sinking fund. see text
Consol. mortgage, 950,000,000, gold.
Chicago dt West Michigan—8oe Purb M vkq. KK.
Chicago
1
43
1879
48
c
"67
1900
42
1900
1,000
.
nsol
uoort. (see
text).
.
cum., guar. (call at par)
preferrec 5 per cent no n cum., 98,000,000..
,:.'••
i
nsol. uii.rt
4 p.o.
$ A*. sink. fund.. .Do. 0*1
$376,000 are 5 p. o.o*
do
60
60
69
1st)
(no**
do
o"
Second mortgage, gold
."Ue.c*
r. 300.000, gold
General mo
Dayton a Chicago, l-t mortgage
Cln. Day. 4 Iron.. 1st M.,g.,gu (assumed).. Ce.o"
Cm Ham. A Day. new refunding mortgage. .....
Ci't. Hamilton rf Indianap — 1st M., guar. p. A 1...
Ceueral mort. for $3,300,000, gold, to be guar...
Cincinnati Lebanon <f Xorthern — 1st mortgage.
Cm .<* Muskingum Tal.RR.— 1st M.$2,000,000.g. Fo*
"95
164
"99
99
38
148
1875
1875
1887
1892
1892
1891
iiooo
1873
1893
ii
13.36
1898
1.0-X)
l,o00
1,000
1,000
1,000
2*
Vio
1,000
1,000
1,000
Dayton
Dayton
White a; Black River Valley,
Brlnkley to J'ksonport, Ark.
.
67
642
is
operated
m connection with the C.
H.
A
D. sv-tem.
V. 61, p 106-1.
30,
1980
1,
1950
Unions. Bk.&Tr.Co.,Cln Jan.
Q.-J.
do
do
do
O. N.Y.,Kessler&Co54Wall
do
O.
do
J.
do
do
D. N.Y., Blair ACo.,33Wall
Oct.
8ent.l901,
Q.-F.
&
A
J. &
J. &
A.-O.
M. A N.
J. A J.
J. & D.
J. A J.
F. A A.
A.
A.
N. Y. .Kessler AOo54Wall
do
1/01,1
Nov.
8, '01,1 >4
1, 1905
1, 1905
Jan. 1, 1937
June 1. 1942
Apr. 1, 1942
Oot.
Oct.
May
do
1,
1941
N.Y.,Kessler&Co54Wall Jan. 1, 1903
June, 1943
Treas., office, Cincin., O
Cinn., Cen. Tr.AS.D.Co.
N.Y.,Farm. L.ATr. Co.
1916
1948
Jan.,
Aug.
Proprietary roads—
1,
Miles.
60 Cincinnati Hamilton A Ind... U
176 Cincinnati A Dayton
98 Columbus Findlav A Northern.
13 Bowling Green RR
Piqua & Troy Branch
to Deans, O
to Delphos, O
99
14
18
21
8
17142
$5,837,916
$1,418,294
$310,554
$1,438,848
$367,154
M. D. Woodford, 71 Broadway, N. Y.— (V. 72,
p.
$1,411,737
$170,360
437, 1236.)
R
Clnciunati Lebanon
A
Northern
*iy.— Cincinnati,
O., to
Dodds, 36 miles; branches, 2 miles. Controlled by Penn. RR. interests. Opera ted from Oct. I, 1901, by Pitt*. Cincin. Chic. A St. Louis
Ry. V. 73, p 662. Stock authorized, $1,000,000: outstanding, $993,000. Consolidated mortgage bonds for $500,000 were authorized to
retire tlrbt mortgage bonds and for improvements, all in treasury. Bills
payable issued to retire "special mortgage bonds," $120,000. Year
ending Dec. 31, 1900, gToss, $176.1*5: net, $50,281; charges, $16,246.
-(V. o2, p. 502, 543, 9n8; V. 73, p, 662.)
Cincinnati A McUlng River RR.— Brooksville to Wellsburg,
10 miles, and Hillsboro to Johnson, 17 miles. In Aug, 1901, under
construction from Brooksville to Johnson Jet., 2m miles. Extension
also proposed in 1901 from Hillsboro to Morehead, 20 miles, making
75 miles in all. Stock, $200,000. All the old bonds will be retired.
Vice.- Pres. and Gen. Mgr., Y. Alexander, Brooksville, Ky.—(V. 70, p.
1194)
A
i
Cincinnati
lluikingum Valley RR.—fSee map of Pittsburg
Cincinnati Chicago dk St. Louis.)— Owns'Morrow, Ohio, to Trinway, O.,
148 miles. Successor on Aug. 1, 1893, to the Cin. A Musk. Val. Ry.,
foreclosed June 29, 1898, and purchased in the interest of Penn. RR.
V. 67, p. 27. Of the bonds $500,000 are reserved for future needs;
sinking fund retires yearly one per cent of those outstanding, If offered at par or less. Stock, $2,000,000 par $ 100
all issued.
Dividends of 2 p. c paid June 25, 1900; Dec. 31, 4 p. c. Pennsylvania
RR. owns $754,000 of the $1,500,000 bonds. V. 55, p. 1078.
Earnings.— Fiscal year ends Dec. 31. Report for 1900, V. 72, p. 984.
Tr.end. Dec. 31. Cross
Interest.
'Balance.
Set.
1900
$541,629
$60,000
$13,442
$103,442
1899
60,000
513,227
62,847
122,817
* In 1900 6 p. o. was paid from accumulated surplus, leaving surplus Dec 31, 1900, $22,985.— (V. 70, p. 1 045; V. 72, p. 984.)
;
^^
Map.)— Operates a
June
,
:
A Dayton Ry.— (See
1951
N. Y., First Nat'l Bank.
A Dayton. V. 57, p. 144. Preferred non-cumulative 7 per cent stock,
$281,679. The first mortgage bonds are guaranteed by the C. H. A D.
(authorized $2,500.000) but $700,000, under an agreement of 1880,
will not be issued. General 5s, $1,333,000, Issued, in treasury.
Earnings.— Ln year ending June 30, 1900, gross, $896,177; net,
$188,411; interest, $126,000; balance, surplus for year, $62,411.
< im innatt Jackson A
Mackinaw K.— See Cin. Northern.
*
between Cincinnati and Toledo, Ohio, with branches to
and Ironton, on the Norfolk A Western, etc.
History, Etc.— In July, 1395, consolidated with the Cin. Dayton
A Ironton and Cin. D. A Chicago under the name of Cin. Ham. A Dayton
Railicay. V. 60, p. 1104; V. 61, p. 63.
Indiana Decatur A Western
1949
1919
1,
1,
Cincinnati Hamilton A Indianapolis Ry.—{See Map 0. B.
<t D.>-Owns Hamilton, Ohio, west to Indianapolis. Ind., 99 miles.
Common stock ($2,500,000) is all owned by the Cincinnati Hamilton
$4,197,349 $1,603,585
$4«8,386 $l,lli,199
2,7^4,023
897,645
412,344
485,301
Report.— Report for 1399-00 at length in V. 72, p. 183, 188.
Tears end.
Gross
Cross of
Net
Interest
Balance,
Oct. 31
of railroad.
mining.
and taxes.
of both,
for year.
1300
*$2.7 2,019
$741,486 $1,223,738 $497,334 $730,904
1399.
1,352,127
606,965
258,205
458,697
716,902
Includes Choctaw A Memphis and White A Black River Valley RRs.
"rom July 1, 19.0. when they were respectively acquired and leased.
rTom
From surplus above shown were paid dividends as follows: In 1898-9,
on pref., 5 p. c. ($00,000), and on common Oct 31, 1899, 2 p. c.
0<
($7o,OO0).; In 1899 0, on pref. 5 p. c. ($248,382). and on oommon 4 p.
c. $• 34,745) and $75,000 for equipment renewal fund.
-.equipment
Coal output
in 1899-0 494,760 tons. Pres., Francis I. Gowen, Phila.— (V. 73, p. 7^3.
Indianapolis, Ind.,
Jan.
July
$5,735,530 $5,241,503
1,728,843
1,582,097
$846,970
$84 6,970
96,900
96,900
84,067
84,067
3,2 19
3,460
387,138
380,340
Pres.,
1
Cincinnati Hamilton
1951
1,
Q.-M.
•
1399-0
direct line
Apr.
Oct. 31/01, 2»s
Oot. 31/01, 2*a
Oot. 1, 1919
Total
Surplus
:
<
Of, GlrardBidg., Phila.
Phila.. Of., GlrardBidg.
do
do
do
do
Philadelphia and N. Y.
do
do
,
;
Cincinnati Georgetown Ac Portsmouth »*«.—Cincinnati,
southeasterly to Georgetown. 42 m. In Oct., 1901, it was reported
that Comstock Brothers of Detroit had purchased control and would
change road to standard gauge electric. V. 73. p. 722. Stock, common
00,000; Preferred 5 per cent non-cumulativ<-, $125,000, issued
in 1900 for past-due coupons on old 6 p<-r c»nt bonds. Of the $500,000
Uniou Savings Bank A Trust Co., Cincinnati, trustee,)
ii-°£.i?,?
$2o2,000 were issued to retire the old 6s, due 1901, the balance to pro
vide for extension to Portsmouth, O. V. 71, p. 543, 863. Year ending
June 30, 1900. -toss. $31,434 net, $18,986; t jtal deductions, $13,005;
baL, sur.. $5,931.— (V. ' 3. p. 722.)
J.
Gross earnings
944. 1290; V. 71, p. 33. In Aug., 1901, $2,000,000 additional common
stock was sold to stockholders at par, raisiugthe amount outstanding
to $8,000,000, for the construction of the 112-mile extension from
Texas State line to Amarillo.-V. 73, p. 137. On Oct 31, 1901, additional common stock will be distributed as a 10-per-cent dividend on
the common stock.— V. 73, p. 783.
Voting Trcst.— a majority of both common and oreferred shares
has been d> posited with Effingham B. Morris, Wm. H. Jent >, Charles
ngersoll, George H. Colket and Samuel Dickson as voting trustees, until July 1, 1904.— V. 63, p. 427.
Dividends— On pref 1898 to 1901, 5 p. c. vearlv. On common, 2,
1*99; 1900, 4 1901. Apr.. 2; Oct., 2^ p". c. cash, and also a 10
p. c. distribution in common stock.— V. 73, p. 783.
Bonds.—The consol. mortgage of 1901 will be for the authorized
amount of $1,000,000 ou the coal properties and $15,000 per mile for
each mile of railroad now owned or hereafter constructed, an amount
equal to the outstanding gen. and C. A M. 5s being reserved to retire
the same. Of the consols. $3,000,000 will be issued to the Western
Oklahoma RR. 3ee above.— V. 72, p. 133, 189. After 1902 the Little
k Bridge 6s are subject to call at 105 for sinking fund of $20,000
yearly.— (V.71, p. t02.)
Latest Earnings.— For 10 months, Nov. 1 to Aug. 31:
10 months—
Qros*.
Met.
Charges.
Ba>., sur.
1900
Deo.
1>*
191U
1932
1,
1,
Net earnings
1,806,002
Deduct interest on bonds
$j 65,747
Div. pref stock D. A M. RR
96.H00
Div. com. stock D. & M. RR
81,066
Div. com. stock Home Ave. RR..
2,923
Div. pref. s'.ock C. H. AD.Ry...
389,211
821,868— (V. 64, p. 134.) In
1900 $2,000,000 preferred and $2,250,000 common stock was issued
to absorb the Choctaw A Memphis and for other purposes. V. 70, p.
.
do
1, -01,
Nov.
Total of all
3
652
Clev. Clnn. Ch. A St. L. the Dayton A Union. In
July, 1901, an extension of the Indiana Decatur A Western, from Decatur to Springtield, 42 miles, was under construction, to be completed about Nov., 1901.— V. 72, p. 1236.
Stock.— New preferred is entitled to 5 per cent, then common to 5
per cent; then both share equally. V. 69, p, 1300.
Dividends since consolidation—
Nov.. 1895 to Nov., 1901
New preferred, issued in 1895
5% yearly (Q-F )
Bonds.— General mort. covers the perpetual lease of the Dayton A
Michigan, the profits under which are large. V. 54, p. 799; V. 55, p. 373.
The stockholders voted on Dec. 11, 1900, to authorize a 4 percent
refunding mortgage to take care of the maturing indebtedness and
convert the fixed leasehold and other obligations to purchase railroads held under lease or operating contract; also to reduce the interest
on the Cin. Dayton A Chicago treasury bonds from 5 to 4 per cent
and sell the same.— V. 71, p. 1012, 1219.
Gdaranties.— Guarantees securities of Cin. Hamilton A Ind. and
Dayton A Michigan; also $933,000 Indiana Decatur A Western first
5s.
V. 69, p. 795. As to control of Cin. N. O. A T. P., see that Co.
Report.— Fisoal year ends June 30. Report in V. 71, p. 806, showed:
Tear end. June 30—
1901.
1900
1899.
1
to pref see V. 62, p. 588.778,
Oct.
A Co.
Clnolnnatl.
Home Avenue RR
Owns jointly with
In Oct.. I9ul. extension was in progress from Weatherford, O. T., to
Amanllo, Tex.. 198 m le*. of which 40 miles under charter of Western
Oklahoma RR. ''together with a branch 17 miles long, from near Hartsborne southwesterly to Ardmore, near Indian Territory line] and 112
miles under charter of Choctaw okla A Texas RR. from western terminus of Western Oklahoma at Texas State line westerly to Amaiillo,
112 miles. See STOCK Iieiow. V. 72, p. 935. Of the extension 52
miles to Sayre, o. T., was in operation in Sept., 1901. In May, 1901,
the Hot Springs RR., Malveru to Hot Springs, Ark., v2 miles, was
acquired In the interest of the company, forming, with 20 mi'es extension and 27 miles leased froru Little Rock to Hot Springs Western, a
throigh line from Little Rock to Hot S A rings. See V. 73," p. 722.
History.— A reorganization of the Choctaw Coal & Railway Co., Bold
tn foreclosure Sept. 9, 1394. Holds valuable coal leases. The Choctaw
A Memphis RR., formerly leased, was merged in June, 1900. V. 70, p.
944. The White A Black River Val. RR is leased for 80 years from
Julv l, 1900, interest on $500,000 five pjr cent bonds being guaranteed for first ten years and on $600,000 thereafter.— V. 72, p. 189.
STOCK.— As
A
Trackage
Roads leased—
Dayton & Michigan
.
but taw A. .Tleiuphln Kit.— Sei: Choctaw Oklahoma A Gulf RR
( hot-law Oklahoma A Gulf KK.— (See .Map.}— Operates:
Miles.
Road Oioied —
Miles.
Leased —
575
J.
Cincinnati to Dayton,
•
Memphis, Tenu
Total Jan. 1.1901
do
Road owned— (H See this Oo.)MUes.
Interests as the C. O. A G., though entirely independent. Bonds
are issuable at $12,500 per mile of main ami branch lines and may be
called at 110 or. any interest day at six weeks' notice. Stock authorPres., C. E.Ingersoll, Phila.;
ized, $20,000 per mile; no preferred.
and Trea* .1. Parke Hood. Glrard Bldg., Phila.— (V. 72, p. 1279.
same
WeatDerford. Okla. Ter., to
Chicago.
N. Y., J.P.Morgan
1951
252,000
4g.
8,000,000
612,100 4 in 1901
4 In 1901
462,4(
6,925,500 Sin 1901
7
927,000
5 A6
1,668,000
2,000,000
4»fig.
3,000,000
5 g.
4
1,200,000
3,500,000
See text.
7
1,800,000
5 g.
See text.
5
200,000
1,500,000
4g.
100
100
100
1
Q.-J.
6g. M. A N.
Q.-M.
6 g.
5 g. [A. A O.
See text.
See text. 4»«ln'01 A.AOj/
6,000,000 51h 1901A.AO^/
5,500,000
5 g. J. & J.
5 g. J. A J.
3,525,000
:I75,000
6 g. J. & J
See text.
500,000
5 g. J. A J.
50
50
1,000
1,000
1.000
1,000
1,000
,
6
$5,000,000
259.000
9,868,666
See text
1,000
">
White a HI Riv.VaL, 1st M.,g Int. gu.. enil.P.o*
H vm. & Dayton.
.'.(o. i— dee On
'ma it Portsmouth— lat M.,g...
Ctnc
B midion ^ Day/on— Common stock
Pref. stock. A A B, 4 p.c.'oum., guar, (call at par)
I
1,000
1,000
'
ot
1
1901
IRIR VI..
Chicago Wisconsin 4 Minnesota- Bee Wisconsin
ii'- >f Memphis— Sec Choc. OklaH. A Gm.K.
(text) cull
10.OP.0' Text. 1901
Chortuc So'.h'n- 1st If.,
CVx- Okluh. a* Oul/JUL—Common stock
per cent cumulative
k,
mow first) mort., $5,500,000. gold. GP.e'i 283 1894
282 1899
m. 1st M .$3,760,000, assumed. «P.c&r
1899
took B'ge i-t m ass'd,8 ted. (text)...GP.e'
.
un> error discovered In these Tables.
Bonds— fnuol*
INTEREST OR DIVIDENDS.
pal, When Due.
Amount
per When Where Payable, and by 8toc ks— Last
Outstanding Rate
Payable
whom.
Cent.
Dividend.
$100
'
it
13
liCXNDS.
'
Cincinnati New Orleans
:
A Texas Pacific Ry.—Road.— Oper-
Cincinnati Southern Ry., Cincinnati to Chattanooga, Tenn.,
336 m.; trackage, 2 m. Lease Cin. 8a RR. owned by city of Cincinnati.
Rental now, $1,102,000; from Oct. 12, 1901 to 1906, $l.v62,000 yearly.
Extension of lease to be voti-d on Nov. 5, 1901, at city election, see
V. 73, p. 722. Sept. 30, 1899, receiver was discharged. V. 6a, p. 743
ates
44
INVESTORS' SUPPLEMENT.
[Vol. LXXI1L
October,
1901.]
RAILROAD STOCKS AKD BONDS.
4»
—
.
.
i
INTESTORS' SUPPLEMENT.
Hi
nii t>».
rihiT.
\« ill
loiilVr & great favor by
RAILROADS.
on
tirst paitc
—
O
Cincinnati .VorfAeni 1st M $3,000,000
0\n. Richmond it Ft. IF- 1st mort.. sold, Int. *w o*
Cin. Rich. «* »«*.— 1st M.. $10,000 p. in.. |,OB.O'
Clearfield dt Mahoning— Stock. « per cent rental
Ci.o'Ar
I. nuiir. B. R. t« P
1st niort*
.
Ooiumb.— Gen. M. (now
Cltrel'd Akron j
1st con-
1
l,<
these Table*.
Bonds— Pr>nc
DIVIDENDS.
oo.ooo. gold,
s. f..
Date
of
1st,) g..O
sec text
...
Cl+vfland Cincinnati Clilcatjo Jt St. Louis—
Common stock $'2 8,7 00 ,000 authorized)
Preferred stock. 5 per cent, non-cumulative
C I St. 1. A 0. ton. M. .drawn at 105, s.f. 1 p. o.o"
Gen. 1st M.. $10,000,000 g.. s.f. not dr'n.Ce.oAr
86
18
Par
"26
177
138
1901
1871
Amount
$1,000
$
....
j
750,000
750.000
650.000
1,800,000
50
1893
1,000
1887 500 Ac
1900
1,000
A
A. A
J. A
J. A
M. A
F. A
M. A
J.
g.
g.
5
g.
g.
g.
5
1,800,000
4
27,989.310 3>ain '01
10,000,000 5 in 1901
1,000
682,000
6
7,684,000
4 g.
1 ,000 Ac
4,138,000 7 or 6 g.
1,000
1,000
3,205,000
6g.
1,000
2.000,000
7
500,000
1,000
6 g.
1.000
650,000
4 K500 Ac.
1.103,730
4 g5,000.000
1,000
4 gl.OOOAo 10,000,000
4 g.
1,000
4,000,000
4 g.
1,000
15,501,000
4g.
100
100
t
175
391
Cleve. Col. Ctn. A Ind. Consol. mort. (see text)..
Gen. consol. mort. ($12,000,000) gold.. Us o*Ar 391
72
Indian A St. L. 1st M., In 3 ser. of $667.000. Us o
72
•2d M. ($2,000.000). gold. Indlanap. toTerre H o.
CLCln.Ch.ASt.L., White Wat. Val. Div. 1st, g.Ce.0"
62
45
Spr. a Coi. Dlv. (Col. 8n. ACln.), 1st M..g.Ce.o*
ralro Division 1st M., $5,000,000, gold ..Ce.o*
267
iv., con. tr., g. ($351,000 In s. DCe.oAr
194
203
'In. Wab. A Mich. Div. 1st mort.. gold., .Ua.o"
q. mort. 10O year for $50,000,000 g.Me.o-vtr 1,808
isso
1880
1874
1884
I SCO
1882
1800
1800
1890
1890
1891
1893
&
J
4
7
5
6
(')
1,800,000
1,000
1,000
1900
I
.
50
.
,
170
48
Clete. Column. Oin. <£ indiunap.—8ee Cleve. Cin. Cmc.
CUve. Indianap. S'. Louis dt Chic — See CLEV.ClN. Chic.
18SS
1872
1900
A
A
M.
J.
M.
J.
J.
UK.—
m
.
(
p. 137.
I
',000
from $6,800,000 In Sept., 1901.
mortgage to secure $'1,000,000 4 pet
Oct., 1901, made a
cent bonds.— V. 73, p. 7a3.
Bonds.— In
Cincinnati Portsmouth
A Western
Cincinnati
KK.— Merged in 1901
Wayne KIC— Owns from Rich-
Virginia
.V
Ry.
Richmond A Port
Adams.
Ind., 86 miles; leases 5 miles of P. F. W. AC.
(June, 1901), by Grand Rapids
A Indiana Ry.
Rental, net earnings.
Interest Is guaranteed by the Pennsylvania Co.
and Pittsburg Cin. Chloago A St. L. Co. jointly (the P. C. O.
St. L
taking the place of the Cin. Hamilton A Dayton in 1888). Stock, $1.709.313— par, $50, of which Penn. Co. Jan. 1, 1901, owned
$1,256,900. Due guarantors Mar. 31, 1901, $1,383,714.
Tear end. Dec.31. Gross.
Net.
Interest,<tc.
Balance.
1900
$514,113
$121,739
$126,000
def.$4,261
Now
Ind., to
operated
&
1899
494.020
101,682
126,150
def. 24,468
In iiiii.il Richmond A .11 uncle
Cottage Grove, Ind.,
to Fowlerton, 75 mLes completed Aug. 1, 1901, ana the balance north
of Muncie to North Judsnn, 93 miles, to be completed Nov. i,
1901. Laid with " 0-lb. steel rails Stock authorized, $15,000 per mile.
Bonds are sub)ect to call at 110 in 10 years, on 30 days' notice. See
official statement, V 71, p. 1066
President. W. A. Bradford Jr
8ec. andTreas., Koi:erN. Allen. 40 Water St.. Boston- (V. 71, p. 1066.)
Clear Held A Mahoning Ry.— (SeeMapBiif. Roch. <t Puts.j— Gwns
road, completed in 1893, from DuBois June, Penn.. on Buff. R A P.,
to Clearfield on Beech Creek RR., 26 miles. Leased during corporate,
existence and renewals thereof to Buffalo Rocheste- A Pittsburg—
which see at a rental payable in gold and equal to 6 per cent on
9750,000 stock, par $50, and 5 per cent on bonds, the latter being guar.
p. A I., by Indorsement on each. See V. 61, p. 710.
RR.—
<
;
A Colombo- Railway.—Owns from
Hud-
son, O., to Columbus, o., 144 miles: Dresden branch, Kill. nek to Triuway, 33 miles: App e Creek branch, 9 miles; coal spurs, 11 miles; total
owne.l, 197 miles; truckage Trinasy to ZaneSYllle, 17 miles.
Penn. Co. took control Junel, 1899, purchasing $2,237,500 of the
94.000.00O stock par $100). Of the 1st consol gold 4s of 1900
<Commerclal Trust <:o of Philadelphia, trustee). *1,800.<>00 are reserved to tetire the gen 5s due 1927. V. 71, p. 390. Report for year
ending. uue 3(i, 1901, was In V. 73. p. (1», showing gross, $1,1 1,312;
other Income, $4,485; charges, $200,460; div. |2ii c)
net, «28-,-<2l
paid Sept 10, 1901,980,000; bal.. sur.. #12.839. - (V. 72. p. 85.)
i
I
7
1,
8. Hamilton Tr., Bk'lvn,
A. N.Y., Winslow, L.ACo.
8. N.Y..J. P.
Morgan A Co.
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
D.
J.
J.
8.
J.
N.
J.
D.
N.
J.
J.
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
Moh.
Aug.
1951
1921
1950
1901
1943
1927
1940
Sept. 2, '01, 2
Oot.21,*01,l»i
May
Aug.
June
Jan.
July
Nov.
July
1,
1,
1,
1,
1,
1,
1,
Sept. 1,
Jan. 1,
Nov. 1,
July 1,
June 1,
Nov.
Jan.
Jan.
1920
1936
1914
1934
1919
1912
1940
1940
1939
1990
1991
1993
1, '01, 3
1, 192
1. 1902
To 1905
1)
—
—
A
A
Hagerstown, Ind
62
Oin. Wabash A Michigan Ry.—
Benton Harb. to Rushv. A Br.249
Other lines (a>
44
Cincin. Sandusky A Cleve. Ky.
Sand'sky, O., to Dayt'n, O.etc.170
Leased and conirollea.
A Springfield Ry.—
Cincinnati
Leased and controlled.
Miles.
Colum. Hope AGreensb'g RR.— 26
Trackage into Cincinnati, Ac. 32
Trackage into Jeffersonville.
53
B & O. S. W.
M
Total included in earns. 1,891
Operated; earns, kept separate
Peoria A East'n Ry. (H).—
352
. .
Kankakee A Seneca RR.—
Mt. Gilead Short Liue
—
42
2
Total of system June 30,'0 1 .2,287
Trackage /)1. Cent, into Chic.
On percentage basis
J
Operates independently—
Lud.G've(6m.fr.Cin.)toDay'n 48 Dayton A Un. RR. (H)
Double track
a No debt, or bonds all owned.
60
The company Is also one-fourth owner of Peoria A Pekin Unlor Ry.,
(through the Peoria A East. Ry.). one-seventh owner in Terminal RR
Ass'n of St Louis and two-tilths owner of Indianapolis Union Ry. and
part owner of Dayton A Union, which is operated independently.
Caiital STOCK.— On Jan. 1, 1890, the common stock was $20,500,000; it has been increased to present figure to acquire stocks of lines
absorbed, etc. Dividends on common stock were resumed in 1900.
Drv'ns.—
1890 '91 '92 '93 '94 '95 '96 '97 '98 '99 '00
1901
Common... ) 4 p. o.
3
Below.
Preferred., j
5
2^
5
In 1901, on common, Mar., l^j p. c; Sept., 2 p. c— V. 73, p. 82.
Bonds.— The sinking fund provision of the Cleveland Oolumbus Cincinnati it Indianapolis consol. bonus (stamped) has been canceled. The
principal of these bonds is payable in gold, but the interest is payable
at option of holder either in lawful money at 7 per cent per annum or
in British sterling at 6 p. c Of the Indianapolis it St. Louis first 7s
series " A" are J. A J.; series " B," M. A 8.; series " C," MAN.
St. Louis Division bonds, see deed of trust V. 52, p. 42-45.
As to the Cincinnati Wabash <k Mich. 4 per cents, see V. 52, p. 718.
The 100 year mortgage of 1893 is limited to $50,000,000. In Sept.,
1901, $22,748,000 general 4s were reserved for prior liens (exclusive
of Cairo division, Peoria division, Michigan division and the St. Louis
division west of Terre Haute), and $11,748,00') for equipment, construction and betterments, etc.. at the rale of $1 ,000,000 a year. In
Apr.. 1901. $2,000,000 gen. 4s were sold to replace the $2 000,000
Cincin. A Springfield 7a paid and in • ept.. 901 *870,000 to replace
the Col. Spring!, & Cin an I Cin. Laf, & Chic 7s.
003
555
1
.
Genkrat. Finances.— Guarantees interest on Louisville A Jeffersonbridge bonds jointly with the Ches. ftO. V. 68, p. 822'. In Mar.,
1900, dividends were resumed on common stook— see V. 70, p. 75. On
June 30, 1900, owned stock in Ohe.sapeahe A Ohio representing an outlay of $2,453,569. -V. 71, p. 398.
'n Dec, 1900, purchased 2,400
freight cars, to be paid for In 60 monthly payments, with 5 per cent
ville
interest.— V 71. p. 1269.
Latest Earnings.— From July
2 mos.
—
1
to
Aug. 31
(2
months.)—
Cross.
1900
Inl.,<tc.
Bal., sur.
$3,325,388
2.812,584
1901
Net.
$996,807
744,850
$409,802
480,748
$527,005
264,102
Annoal Report.— Annual meeting last Wednesday in October.
Report for 1900 01 in V. 73, p. 491, 497. See also editorial, p. 472.
1901.
1900.
1899,
1898.
Tear end. June 30—
Miles operat. June 30
1.891
1,891
1,833
1,838
Passenger earnings. $4,979,652 $4,653,224 $4,245,036 $3,850,126
Freight
Mail, express, etc.
.
.
11,640,003
1,257,835
9,226,534
1,247,792
10,867,502
1,286,124
9,237,507
1,232,460
1
Cleveland Cincinnati Chicago
A
St.
Loula Ry.—(SeeMap.j—
History, Etc.— A consolidation of the Cincinnati Indianapolis 81Louis A Chicago Railway Company, the Cleveland Columbus Cincinnati A IndIana|K>li» Railway Company and the Indianapolis A St. Lou t
Railway Company, made In July, 1889, per plan in V. 48, p. 427. Or
the common stock. *1 1.225.400 was on Jan. I, 1901, owned by the
Lak*- shore A Mich. Bo. Ry., this amount, together with the private
holdings lu both stocks of UieVander bilt family, >< iu^ understood to
•itute a majority of the entire share capital —V. 1 i, p. 86.
Total earnings. .$17,877,490 $16,806,851 $14.719. 362 $14,320,094
A taxes. 12,755,638 11,749,264 10,645,556 10,968,367
Oper'gexp.
Net earnings.... $5,121,852
Total net income
$5,249,506
Interest on bonds... $2,685,056
Rentals.etc
231,907
$5,057,587 $4,073,807
$5,140,520 $4,097,398
$2,661,442 $2,672,544
224,471
201,165
500.000
500,000
500,000
Dlvldendson pref...
(5%)
Rate of dividend....
(5%)
(5%)
Dividend on coui..(3V„)979,b2C (3%)839,840
821,567
507,852
Freight ears, ete....
Boad.— Opt
radiating from Indianapolis,
lj stem of roads
Chloago, Peoria, Cairo, ML, St. Louis, ami easterly to Sandusky. Cleveland. Oolumbu* anil Cincinnati, Ohio, and
In July, 1901, control of the
souLouisville, with branches
-in KK.. Franklin, O., to Jaosson, Mich., '20'» miles,
C1n<
wa*
the interest of the company. V. 73, p. 137, 497.
A* shown on map the system comprises: fl See this company,
0*ne/l diref"
Owned direr
Miles.
Miles.
-.';
Clevelai.
138 Cincinnati to Laf a vette
175
Gal;
203 Indianapolis to Terre Haute
72
Delawar50 Harrison Branch
Id
7
Ind.,
J.
J.
g.
1,
1,
1,
1,
Leased entire st'k owned Miles.
Clncin. Lafayette A Chic Ry.— 57
Cairo Vincennes
Chic. Ry.—
Cairo, 111., to Tilton A branch. 267
St. Lou. Dlv. T. H. to E. St. L.193
Columbus Springfield Cin.—
Columbus, O.. to Springfield.. 45
iVhite Water— Harrison, Ind., to
—
Cleveland Akron
5
Oct.
Jan.
33
555 00
555
Report.— For caleudar vear. partly estimated: In 1899, gross, $835,
446; net, $158,086; in 1898. gross, $798.4 28; net, $24,476.
President. M E. Ingalls. See report, V. 70. p. 581. (V. 73, p. 783.)
in Norfoln
M.
6
A
A
A
A
A
A
A
A
A
1,
Y„ Guaranty Tr. Co.
N.
Various
M. A N.
J.
1,
June
St. ILouis.
St. |Louis.
Stook. $1,000,000, controlled iu intetcst of Southern Ry. and Cincinnati Hamilton A Dayton Rv. V. 61, p. 26; V. 65. p. 1173. Car trusts
June 30, 1000. $l3-.D4-t.
Gross, $45 ',95"; net, $119,481
Latest Earns.— 1 mos., \ 1901
Gross, 4 21,787; net, 107.S0O
July 1 to July 31. } 19O0
was iu V. 71, p. 003. In
Annual Report —Report for 189'
1800-01. gross, $5,045,596; net, $1,299,827
In 1899-00, gross,
$5,124,241; net, $1,4:1,657 (against $1,585,000 in 1898-9; other
income. $1,067; rentals, $l,10i,000; balance, surplus, $322,724,
•gainst surplus $483,224 in 1898-9.-(V. 73, p. 31. 236, 444, 722.)
Owns from Franklin, O., via AddiCincinnati Northern
son June, to Jackson, Mich., 205 miles; trackage (C. C. C. A St. L.),
Franklin to Cincinnati, 42
Owns terminal property in Cincinnati.
Proprietary line Detroit Toledo A Milwaukee, Allegan to Detroit,
Mich., and branches, 200 miles
Successor in June. 1897. of Cincinnati Jackson A Maokiuaw, foreL-V 6 i>. 921; V. 72, p. 338. 1034, 1135; V. 73, p. 31.
In July. 1901, President Ingalls of tbe Cleve. Cinn. Cliic. A St. Louis
was elected President, control having been acquired by or In the Inin. Oh A St. L. in the
terest of that road. The holdings of the ("lev.
property are valued In balance sheet of June 30, 1901, at $377,852.—
Stock, redooed to $3,00
428,997
2,571,000
125,000
See text.
1,000
1,000
A
A
July
July
Q.-F.
J.
J.
Dne.
Stocks— Last
Dividend.
J.
J.
|
I
|
$3,351,726
$3,386,915
$2,708,691
196,333
375,000
(3%%)
sur.$285,065 sur.$93.200 sur.$723,689 sur$106,891
Balance
westerly to
I
•
pal. When
D. N. Y., Wiuslow. L. A Co.
O. Boat.. O. Col. Trust Co,
Checks mailed.
J.
Q.^T.
M. A N.
OBLIGATIONS for Proprietary Links
Cincinnati Sandusky A Cleveland— Pref. stook
Consol. (now 1st) M. ($3,000,000) gold ..ABo
CId.a Spr.,Sd M Big Four owns $526,000 more.o
payable monthly
1 A)uisv. A Jeffersonv. Bridge 1st M.—See that Co.
lit
INTEREST OR
Rate perl When Where Payable, and by
Outstanding
Cent.
Payable
Whom.
Size, or
Road. Bonds Value.
of tables.
[Vol. LXXIII.
giving Immediate notice of any error (Uncovered
i
Miles
For explanation of eoluiuu headings, Ac, see notes of
mond,
)
hers.— President, M E
Ingalls, Cincinnati. O
Vice-President,
N'-w York; Secretary, K F. Osborn, Cincinnati, ').; Treasurer, (;has. F. Cox, Grand Central Station, New York; Auditor, P. A.
H iwitt, Cincinnati, O.
Tl Itam K. Vanderbilt, ITred'k w. randerbllt Chimney M. Dcdcw,
Director*
M,K Twomblr, Jsmei O. Layng, of ew York; Alex.1. Pieriiuiit Morgan, II
ander McDonal sn Melville B. inguils, Cincinnati; .lumen Bur.iCtt, Cleveland,
r
is
\
BOSI >n M 101
-V. 72, p. 36, "-'>. V. 73, p. 82, 137, 390, 1 II 191, 497.
i
;
Layii'-r.
1)
.1
-
i
>
.
t^
i
.
,
October,
1901.
J
KAILROAD STOCKS AJSD
iiCXNDS.
47
15
INVESTORS'
SUPPLEMENT.
fvor.
Lxxni.
C
.
OCTOBER,
RAILROAD STOCKS AND BONDS.
1901.J
Nnbacrlber* will confer
«
Miles
For explanation of oolnmn headings, Ac, see notea
tlrst
page of
tables.
Oieteland Lorain d WA«/.-Prof. stock $5,000,000.
Consol. raort. (now 1st) $5,000,000. g. l'»m ..C
...o
General mortgage, $ 1.000,000, gold.lV...
$10,000,000, g., red. at 102»«.Col.c*
Car trusts (due $0,302 monthly) June 80, 1901
Con
Date
of
of
Size,
or
Par
$100
192
192
1893
1896
1900
1,000
l.OOO
1,000
.
CUv dM.Y.— Con.M.(nowlst)$3.000,000,g.Ce.o*r
OUr. d Jfar.-lst M.. s. f., not dr'n, gold. guar.F.e*
CUvt. d Piltsb.—Stock, 7 p. o. guar, by Penn. RR.Co
Gen. M.. $1 0.000,000. V, gold Series A A K...C"
D...0*
Guar p. A 'end.) Pa. RR. > 8erles C
>
<fc
t.
M., (text) gold ITle.o*Ar
o'
Parifle-lKl M.. gold, $2,500,1 00.
d Valley— 1st
Coahuiia d
OoUbrookdah -IstM. .*.">°-3. UK). und. Read.M or96c
Colorado Midland— 1st niort.. $10.000.000. Ce...O*
stamped, Interest
do
M
4%
in
cash
125
103
Wyomnuj d
fl
In 1901 and 190 : the int rest
-1
x
Series
"A
J.
A. J;
Is
"B" A. A
98-*O0
1895
1,000
1900
1,000
1868 100 Ac.
1897
1,000
1897
1,000 117,500,000
1897
500,000
1,000
100
31,000,000
100
8,500.000 See text.
100 c8.500,000
1882
1899
17,903,000
4g. F.
1,000
388.901
1900
J.
1900
1.000
1,992,000
1901
1.000
1,000 000
5 g. A.
M.
500,000
1895
is:>s
See text.
5 g. J.
13
259
26'ig
"71
Valley Ry.
40 1889
1,000
payable $15 1 n Jan and $25 in J
0.; y "C" M. & N.; 'D" F. fc A..
A
c
Dividends.- On preferred in 1896, 3 p. c; none since.
Bonds.— Of the $10.000 000 consol. refunding gold 4^8. $5,000,000
are reserved to retire tir»t 6s, $1,000,000 for general 5s due Judo 1,
1936. remainder for improvements, etc V.70, p. 230, 480. On Julyl.
payable forequipm't. $403,140; real estate morts., $100,000.
l to July 31
Charges.
Balance
Net.
$100,822
$28,117 sr.$72,705
$21^,768
1901
def. 5,617
22,500
2e,117
169,802
1900
Report.— Report for year ending June 30, 190O,was in V. 71, p. 644In 1900-1. gross, $v, 063,653; net, $685,265; Intereston bonds, $337,400;
Interest on car trusts, etc., $37,415; balance, $310,470. 1899-0, gross,
$2,092,572; net, $031,415. (V. 72. p. 480; V. 73, p. 236.)
hills
Latest Earnings.— One mouth, July
Gross.
1 mouth.—
Cleveland
&.
.Hahunlns Valley By.—Owes from
Cleveland.
O., to Sharon. Pa., 81 miles [57 double track]; Niles, O., to New Lisbon.
O., and branches, 44 miles. Leased to Nypano RR. (formerly N. Y.,
Penn. A Ohio) till 1962 rental $514,180 per annum. Coupon Interest
Stock is $3,259,200, of which
Is J. A J., registered Interest. O.-J.
#2,758,250is held by "Atlantic First Leased Lines Rental Trust Co.,
Limited." of London. Dividends in 1897, 13% p. c; 1898 to 1901.
both Inclusive, 13 ^ p. o. yearly.— (V. 63, p. 968.)
;
Cleveland
6c
Marietta Ry.— Owns from
Marietta, O., to Canal
Dover, 103 miles, and branch 7 miles, Zoar, O., to Canal Dover, leased.
Pennsylvania Co. obtained control In Nov., 1893, having purchased
about two-thirds of the stock, and took charge Jan. 1, 1900, the net
revenue over operating expenses, taxes and interest on bonds being
returned to the company. Stock, $2,000,000— par $100.— V. 69, p. 1345.
Bonds.— Guaranteed principal and interest by the Penn. Company (trustee. Farmers' L. A T. Co., N.Y.). Sinking fund of 1 p. o.
Report for 1899 in V. 70, p. 1045. la 1900 gross $593,735; net,
$132,841; interest on bonds, $56,250; Improvements, etc., $73,141;
balance, sur. for year, $3,449. In 1899, gross, $507,980; net, $46,639.-(V. 69, p. 1345; V. 7o. p. 1045.)
Cleveland 6c Pittsburg RR.— f«See Map Pennsylvania Railroad.)
Cleveland, O., to Rochester, Pa., 124 miles; branches— Bayard, 0.,to New
Philadelphia, 31 miles; Yellow Creek to Bellaire, 43 m.; trackage, Roch-
ester to Pittsburg (Pltteb. Ft Wayne A Chic), 26 miles; total, 224 miles.
Lease— Leased for 999 years, Deo. 1,1871, to Penn. RR.Co., and lease
transferred to Pennsylvania Co. Rental, 7 p. o. on $11,226,050 stock,
Interest on bonds and organization expenses.
Bonds.—Generals are all equally secured; guaranty. V. 56, p. 604.
Earnings.— Report for year ending Dec. 31, 1900, was given in V.
72, p. 773, showing gross earns., $4,813,057 net, $1,660,185; proiitto
lessee was $493 146.— (V. 70, p. 1046; V. 72, p. 86, 773; V. 73, p. 783.)
See Map Baltimore d
Cleveland Terminal A Valley
Ohio.
Owns from Cleveland, Ohio, to Valley Junction, 75 miles;
sidings, 67 miles. Successor, as per plan in V. 60, p. 437 and V. 61, p.
70, to Valley Ry. (of Ohio>, sold in foreclosure Sept. 10, 1895.
Stock—Of the $5.2O0,OO0 common (par $50) B. A O. owns $4,594,300
common and of the $2,200,000 preferred, $949,200; par $100.
Bonds—The first niort. bonds are guaranteed, principal and interest,
by the B. A O., endorsed; interest is paid regularly from earnings. A
majorit is stamp d as subject to call on 60 days* notice at par and
Interest on or before May 1, 190 1.— V. 71, p. 913. Car trust lease warrants (5s), $246,000, due $27,000 May 1 yearly to 1909, inclusive.
Earnings.— Year 1*99-1900. gross, $1,102,733; net income $376,240;
interest, etc., $259,703; surplus, $116,537.— (V. 71, p. 913.)
Coahnlla 6c Pacific Ry.—Saltillo to Parras, Mexic >, 100
les;
under construction from Sequin to Torreon, to be completed about
Dec. 1, 1901, 140 mites. Stock, authorized, $1,500,000; outstand
lng, $1,498,000; par of shares, $100.
Mo.tgage tr istee, New Jersev
Title Guarantee A Trus*; Co. See V. 72, p. 87vs.
President. J J. Det;
KR.—
m
willer; Treas., H.
72, p. 872.)
T
Lilliendahl,
259 Washington
St.,
545,000
1,000
Cleveland Lorain A- Wheeling Ry.— (See Map.)— Owns from
Lorain, O., to Bridgeport, O., opposite wheeling, W. Va., 158 miles;
Lester to Cleveland, 28 miles, and branoh to Bellaire, O., 6 miles;
total, 192 miles, and has truckage into Wheeling.
History.— This railway is a consolidation Nov. 23, 1893, of the C. L.
W. railroad and the Oleve. A Southwestern. (See V. 57, p. 979.) On
Aug. 1, 1901, Bait. A Ohio, having acquired a majority of stock, began
operating the road.— V. 72, p. 480; V. 73, p. 236.
Stock.— Common, $8,000,000, and preferred, non-cumulative, 5 p.
#5,000.000, par $100. After dividends of 5 p. c. have been paid on the
preferred and common, both stocks share alike.— V. 60, p. 1058.
1901.
J.
4»ag. J.
5
J.
g-
75
200
'
g.. 0*
.Vo.— 1st M., $6,000,100,
Columbia So thern~-leX M.. gol.i. $2,100.000. N...
Columbw d <;rrfiiri/ie-See S'IDTHBrN R>
Columbia Hock. Val. A Toledo-See Hooking
Columbus, Lima d Milira ttkee— 1st niort., gold. A.
A O
A D
A J.
A J.
°g- See text
4>sg. M. A N.
Q.-M.
7
4*9 g.
x
3»sg.
y
M. A N.
4 g.
F. & A
J. A D.
J. & J.
x J. & J.
M. A 8.
Jersey City, N. J.
—(V.
Col. brook dale RR.— Pottstown to Barto, Pa., 1284 miles.
Leased to Phila. A Reading Ry. Common stock, $297,215; par $50.
Colorado Midland Ry.—Owns from Colorado 8prtngs to New
Castle, Ool., 234 miles, including 8nowden to Leadville, 8 m., not op
erated; Snowden to Arkansas Jet., 6 m.. Jerome Park branch, 15
miles; Aspen branch, 20 m.; spurs to quarries, 2 m.; Busk Tunnel,
2 miles; total owned, 279 miles. Leases New Castle to Rifle Creek, 14
miles, and Rio Grande Junction RR., Rifle Creek, CoL, to Grand Junction, 63 miles; total owned and leased, 356 miles.
Organization.—Successor Oct., 1897. to the Colorado Midland Railrood, foreclosed and reorganized per plan in V. 64, p. 1224, 1226.
5
M.
8-
In eludes a
uly.
New
Dividend.
York,
June
1936
1930
M'thlytolOOS
N.Y.,winsiow"Lan.&Co Jan. 1, 1938
N. Y.,Farm. L. A T. Co May 1. 1936
N. Y., Winslow, Lanier. Sept.l,'01,l\
do
do
194'/
do
do
1948-1950
N.Y.,Off B.AO.,2Wall Nov. 1, 1995
N. J., Title Guar. A Tr Feb. 1, 1930
Phlla., Read. Co. Office June 1, 1898
N. Y central Trust.
July 1, 1947
do
do
July 1, 1947
N.Y., Mercantile Tr Co Sept. 1, 1947
Jan.
&
1
A Co
N. Y., Central Trust
Co
Oct.l,'01,l«s%
Feb.
To
N.Y.. Hi. Bk.
A
r-o'.Sp
1,
Sept.,
1,
1>'30
Dec.
1921
1925
1948
May
1,
1929
Jan.
Apr.
Philadelphia.
May
N.Y.,N.Y.8eo.ATr.Co
In default,
n treasury,
viz.:
1929
1906
1,
1,
1,
Iut.Tr.Co.Den.ACol.sp
N.
mount
1,
I,
,
N. Y., Hallgarten
& A
A J.
& O.
A N.
A D.
Oct., '96, 1%
Oct. 1, 1933
do
do
do
A.
»
199
;
,
CI.
$5,000,000
5,000,000
893.000
950,000
98,852
2,935.000
1,250,000
11,226,150
5.000.000
4,713.000
5,515,000
1,250.000
600.000
1,446,000
Whom.
Payable
Cent.
1*99
I
o* 1,086
1st mortgage, gold, SJO.ooo.OOO.Ce
Car trust notea Oct. 31, 1901, due monthly
70
Col.Sp.dCni>. Or. UisU A'l/.-lst M. $2,Ol/0,O00.Ce
70
2d rnoruavv. $1,000,000, gold, sinking fund
Ool.
Bond*- PrinciINTEREST OR DIVIDENDS.
pal. When Due.
When Where Pa v able, and by Stock*— Last
Rate Per
1888 l.obo&c
1895
1,000
30
1892
1,000
...
gold.itle
Colorado 4 Xortf>tcesUr>t—l»t
•Colorado d Southern Common stock, $31,000,000
1st pref., 4 per cent, uon cum., $8,500,000
2d prer.. 4 per cut. non-cum., $S, 500, 000
Amount
Road Bonds Value. Outstanding
ref. M.,
Olev. Tcrm'l
49
great favor by giving Immediate notice of any error discovered In these Tables.
RAILROADS.
oh
:
c $1 5,440;
In May, 1900, a majority of stock was purchased in the joint interest
of the Colorado A Southern and Rio Grande Western, the new owners
taking possession July 2, 1900.— V. 70, p. 686, 791, 997, 1290; V. 71,
p. 28. No stock, it was stated, is held by the piblio.
Bonds.— In June, 1900, the $7,500,000 2. 3, 4s were made full 4 per
cent bonds, and the right to issue $500,000 prior lien4s was waived;
V. 70, p 1290; see also V. 71, p. 139. In Apr., 1901, $435,< 00 first 4s
were lifted, making the total outstanding $1 ,446,0 o, of which $131,000 to retire equipment bonds; bal. for improvements.— V. 72, p. 821.
Earnings —For the 8 months endiug Feb 28, 1901, earning-" were:
Gross, 1,609,250; net, $485,711; oth-r income, $32, V2
charges, $337,897; bal., sur , $180,040. In 18*9-00, (cross, $1,472,250; net, $425,189.
Report.— Report for year ending June 30, 1899, in V. 69, p. 1343 :
Vrs. end. June 30 — Gross.
Net.
MUc.inc. Charges*
S»rp.
1900 1
$2,385,184 $6-3,215 $34,269 $515,709 $201,775
;
189^ -0
625,992
2,197,037
15,448
565,001
76,439
The charges in both years include full 4 per cent Interest on the first
mortgage bonds. -(V. 71, p. 28, 134, 13»; V. 72, p. 821.)
Colorado 6c Northwestern Ry.— Boulder to Ward, Col., 26hi
miles, operated from Oct., 1898. Branch projected fom Sunset to
*
Eldora, Col., 19 miles; total, 45^ miles. Stock, $5<>0,000; par $100;
issued. In Sept., 1901, Col. S. B. Dick had a 90-days' option on
the road, which was proposed to be used as part of extension 10 Salt
Lake City. V. 73, p. 662. Year ending June 30 1900, gross, $57,601;
net, $5,530. Pres., W. C. Culbertson, Girard, Pa.— V. 73, p. 662.
Colorado 6c Southern Ry.— (See
)— Oper ites from Orin
Junction, Wyoming, through Colorado to Fort Worth, Texas, viz.
all
Map
Lines Aimed.
Miles.
Cheyenne to Orin Junction
Denver to Bessemer Junct Col...
Denver to Leadv. (narrow gauge)
Como to Raid win Mine ( do ).
Trinidad, Col., to Texas State line
,
.
Miles.
Other lines, br., e'c. (1<"6 nar. eau.) 386
Trackugt—Pueblo to Walaenburg
(Denver 4 Rio Grande)
68
164
128
151
131
Total owned and leased
135
1,142
Worth & Denver City Ry., 465 miles.
Has traffic and trackage agreement with Union Pact tic, connecting
the Cheyenne & Nor. Division with the system at Greeley and Denver;
also trackage over Atchison tracks, Denver to Pueblo, Col. V. 69,
In Sept., 1899, opened 21 miles of new branches and In Jan.,
p. 179.
1901, had completed 4 miles on extension up South Platte Canyon.
Organization.—Succeeded on Jan. 11, 1899, per plan in V. 67, p.
748, the Union Pacific Denver A Gulf and Denver Leadville A Gunnison, 'oreolosed and sold In Nov., 1898. Owns a large majority of
the common stook of the Fort Worth A Denver City Ry., which see. Di
1900 the Colorado Midland was aoquired in the joint Interest of
the Col. A So. and Rio Grande Western.— V. 70, p. 739.
Voting Trtjst.—All classes of stock are vested in the voting trustees, Grenville M. Dodge, Frederic P. Oloott, Harry Walters, Henry
Budge and J. Kennedy Tod until Jan. 1, 1904, and then until the first
preferred stock shall have received a 4 per cent cash dividend for
three consecutive years. The voting trustees may, however, deliver
the stock at any earlier date.
Dividends.— Div. on 1st pref., 1900, 2 p. c; in 1901, Feb., 2 p. c,
out of earnings for calendar year 1900: Oct. 1, 1901, a semi-annual
dividend of 1^ per cent was paid. -V. 73, p. 444.
Bonds.— The new mortgage is a first lien on all the road, equipment
and other pi operty, $1,950,000 being reserved for the acquisition of
coal properties, and for future additions, betterments, equipments,
etc., at not exceeding $300,000 a year. Statement to the New York
A.lsn
|
hat larue interest In Fort
Stock Exchange in V. 68, p. 1027.
Earnings— 2
1901
<1900
Gross, $935,686; net, $239,046
Gross, 796,0^0, net, 187,661
Anndal Report.— Fiscal year ends June 30. Second report of new
company covering operations for fiscal year ending June 30, 1901,
was in V. 73, p. 611, showing:
12 Months.
6 Months,
12 Months
Year ending June 30—
1899-00.
lb99.
1900-01.
$1,^-04.507
Gross earnings
$4,237,743
$4,794,649
Operating expenses A taxes.. 3,712,300
1,402,259
3,330,774
mos.,
July 1 to Aug. 31.
Netearnings
Total net income
Interest on bonds, etc
Balance, surplus.
5
$1,082,349
$1,124,524
718,876
$906,969
$945,390
700,046
$402,248
$418,224
293,770
$405,648
$245,344
$124,454
From total surplus of $369,798 June
was paid on first preferred; 2 per cent
30, 1900, 2 per cent ($170,000)
($170,000) was paid Feb., 1900,
and l<« per cent ($127,500) Aug., 1901.
Officers.— Chairman, Grenville M. Dodge, New York City; President and General Manager, Frank Trumbull, D< nver. Col.; Secretary
and Treasurer, Harry Bronner, 28 Broad street, New York City.
Directors. -Grenville M. Dodae, Henrv Budge, J. Kennedy Tod, Frederic P.
Oleott, John J. Emery, Edward J. Berwlnd aim Edward «'. Henderg.n, New
York Ulty; Oliver Ariies, Boston, M*s.«.; Harry Walters, Baltimore, Ma.; Norman B. Ream, Chicago, III.; Frank Trumbull, Denver, Ool.
-(V.70, p. 75, 686; V. 71, p. 599; V. 72, p. 86. 532; V. 73. p. 444, 611.)
Colorado Springs 6c Cripple rreek District Ry.—Colorado
Springs to Cripple Creek, Col., 45 miles; branches, 25 miles; total, 70
—
INVESTORS' SUPPLEMENT.
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T
LTEXLINE
2
KAiLKOAD STOCKS AND
kiBER, 1901.1
r«vor by giving Immediate notice of any error discovered In these Table*.
Honda— PrinciXT KRE8T OR DIVIDENDS.
pal, When Due.
Miles Date
Amount
When where Payable, and i>\ Stocks— I.ast
of
Ac. see note
of
Par
Outstanding
Payable
whom.
Dividend.
Road. Bonds Value.
subscribers will confer a
screiat
RAU.KOAI'-
I
F-r explanation of column headings.,
on first page of tablea.
Oo. San. * Bock. A'K.-New ice's etfe., f 1,900.000
10O.OOO. gold.^Ie.c"
1st mortgage (prior U<
Up
o"
mortgage, $10,000,000, sold.
Income bonds, non cumulative, gold
for $500,000, gold 0"
ZtnexvtlleTernri Co 1st in.
rer. A Trail."' f. mtge. $350,000, gu. C 3. A H
ertltlcatea told Co.) out in Jul v. 1896
See Bucking V w lei Rv.
t*Xenu\ Stock, 8 per cent rental
Obm.'M'Ki'ioii Bridge (Stous Oily, la.) let M
C
J Cliirantmt S. H.>— 1st mortgage
t. (B, C. A M. pf.)
Btook,
-rti rf Montreal
k.ciass n ii: C.&M new)
<>r»»;
—
—
Qw
t
A M. old stock)
(Concord $0,000,000 until Text
o
Mon. Improvement mortgage
ord A Montreal con. M. for$5.500,OOO.BB.eo"
ture bonds. $1,150,000, ourrenoy
do
$1.000.000
D«
rn'l,99yrs. Cono'd
dt Porlt.— Stock. 7 p.e.
1897-8 *
M7
IV.
i
4
895
1890
....
nurum.
-l'ref. stock, tip .O. renfl.l>l>
\
1893
1894
71
•
-
1881
1890
166
262
r97
'.•'.»
....
moo
40 >«
....
J-
1881
stook ($2,670.000 authorised)..
deemable in ten \ ears In cash or bonds..
c
not mortgage, for $1,000,000, gold
SO
80
....
mortgage
•
--
st M
gn. p. Ai. Pa. RR. en. c
o*
refunding, *1.000,000. gold
nn. ,v Chest inn 1st M.. gu. by Pa. R.y.r
c*
Mil lated mortgage, cold
Oon> trait d Lebanon. Stock
.
,,
:
i'.ooo
1901
1864
1900
....
6*75
6-7.">
14
1883
1894
24
....
7
I
main
(1)
Too
100
1,000
100
1.000
1,000
1.000
1.000
1,000
50
eekaml
<
Denver
is
tins ee
$900,000 have been
sold.
Pies..
Irving H.'wbert. Sec. E. '. Draper; Treas.. F. M. Woods.— (V. 09, p.
V.70. p. 75. 175. 32S; V. 72, p. 626, 675.)
Columbia Southern II).— Owns from Biggs, Ore., south to SbaIn Apr., 1900, also under construction to Prlneville,
Of the 5s of 1898 ^-72,000 was issuable at once, and re47 miles
mainder, it \\a> s. i,i, at $10,000 per mile on additional road. In
.all disputes were reported to be settled. President Lytle
i
'."coining owners of entire stock. Pres., E. E. Lytle;
ins,
an
Enright, Wasco, Ore.— (V. 71, p. 341.)
Sec
V. 69, p. 743.
umhtik .V Cincinnati Midland
Valley A Tol.— 8kk Hocking Vallky Rv,
< .>m iiihu « Hock.
Columbus I. dim A; .'lilwaiikip Ky.-Owus railroad Tom
Lima, O.. to Dehauce, 4d miles: almost completed. On Dec. 1, 1899,
H. Q. Baker was appointed receiver on ground of default lu $42,000
loan. V. 69, p. 1103, 1193. The company was allowed until Aug.
15 1901. to pav th- liens against it. V\73,p -86. Stock authorized,
tljOOO.OOO, par, $100— (V. 69, p. 1103, 1193; V. 73, p. 286.)
I
(
UK.—
.'iHmbMf samliivky A- Hocking RK.- Road— Sandusky via
Columbus to Zanesville and southerly to Glouster, Shawnee and
Shawnee Junction, with branches; total, 273 miles, of which 226
miles are owned and 47 miles leased. Trackage to Toledo, 51 miles.
r —Joseph Robinson Is now receiver. As to receiver's
certificates and last coupon paid on the bonds, see table above. In
March. 1900, Joseph Robinson, receiver, was appointed special master to sell the road, but an appeal was taken, certain miuor matters
i
remaining to be decided oefore a sale can be had. — See decision V. 72,
V. 70, p. 531. Stock of the Hocking Val. Ry. was reserved to
p. 675.
acquire interests in the Col Sand. A Hock, or successor company if at
tleablc or desirable. V. fJS, p. 40. On Sept. 6, 1901, sale
any
V. 7 >. p
KOAM/.ATioN Committee.— In June, 1899, the Fitzgerald comtee disbauded, the securities deposited with the Mercantile Trust
elng returned. V. t;'\ p. 26. Litigation pending.
sle and Joseph F. Randolph of New Yoikand Charles
John
represent bonds deposited with the
8. Hlnchiuan of Philadelphia
North American Trust Company. V. 69, p. 78; V. 67, p. 842, 1160.
Etc —Common,
$7,500,000 authorized outstanding, $3,348,392; pref 4 p. c, cum., $4,041,000; par, $100. First M. scrip, $80,000
A!tnuai. Report.— For vear ending June 30, 1901, gross, $1,012,013.
July 1 to B*p 14, 1901. "(2S months), $306,016; in 1900, $213,291.
Report for 1895-6 was in V. 63. p. 600 and 835.
1898.
1900.
1899.
1897.
Tear* etut.ng June 30—
Gross earnings
$1,064,028 $837,681 $795,793 $796,074
113.145
123.225
...
179,329
66.906
Re* earning*
-(V. 69. p. 491,541,695; V. 70, p. 531; V. 72, p 675; V. 7:i. p. 553.)
Columbus Wellntou A Southern RR. — I, au -aster Junction,
O., at a connection with the Penu RR to South Blooiniugville, 34
miles. In Jan., 190
the stockholders authorized a mortgage for $2,000,000 to provide for extension north from Lancaster Junction to
Columbus. 20 mile-, and ,-ouih from South Bloomiugville to Wellston,
.7 miles.— V 72, p. SO
Stock authorized, all common, $2,000,000; par,
$100. President and Oen. Manager, J. G. Reeves, Lanca-ter, O.; Secre-
Stock,
:
-
,
,
1
tary,
Benjamin Dunn.— (V. 72,
p. 86.)
Columbus A Xenia UK.—Owns from
Columbus, O,, to Xenia, O.,
55 miles. Operated as a division of the Little Miami, and is leased for
99 years from December, 1869, in connection with that road, to the Pittsburg Cincinnati Chicago A St. Louis, which pays 8 per cent on stock,
but In March, 1901, the *„ per cent from assets was discontinued for
the present. Fhe lease is guaranteed by the Pennsylvania RR. Co. The
C. A X. form? rly paid 8*5 per cent dividend (-5 out of assets) per annum,
2*5 per "»-n- March 10 and September 10 and 2 oer cent June 10 and
Dec. 10, b it in March, 19- 1 the -5 per cent from assets was discontinued for the present.- (V. 72. p. 53 2.)
Combination Bridge (siuux
city, la.)—Owns steel bridge
feet loug over Missouri River, with approaches, 1 mile, used by
railroads and street cars and as a highway. Stoi k, $1,500,000, all common and all outstanding. Mortgage trustee. L'nion Trust Co.. Indianapolis, Ind. Prest., John Ellis. Kewaunee, 111
Treas T. A. Stoddard,
IV Louis, Mo.: Secy.. F. L. Eaton, Sioux city, la.- V. 70, p. Stl.
Concord Ac Montreal
From Nashua. N. H., via Concord, Plymouth, etc., to Groveton and the White Mountains. 450
miles in all, (including Manchester
Keene, 30 miles, owned jointly.
414 miles; 35 miles double track. Branch from Manchester to Milford,
13 miles, operated from about Jan. 1, 1901 for which $500,000 3»as
were authorized. V. 69. p 1193. The stockholders vo*^d on Oct. 9,
1900, to build a branch from Con. ord to Hu:
I
1940
;
RR.—
&
.
,
Manchester, N. H.
8. Dep. ATr. Co.
do
do
do
do
do
do
Boston, Maes.
Springfield or Boston.
Boston, Mass.
do
do
do
do
350,000
2,500,000
1,900,000
400,000
350,000
2,630.000
1,290.000
1.000,000
290,000
605,000
336,000
1,000.000
263.000
1,000
line being
rrust Co. of
'.000
5.397.600
500,000
5,000.000
1.050.000
1,000
1.000
1,000
operated from April 9, 1901. Of this, 7 miles
Victor, is the former Cripple Creek District
Kv, absorbed. V. 70. p 3^8; V. 72, p. 6x0. Owned by the
- of principal mines of
ripp e Creek Di-tnct.
k. all outstanding, common, $1,200,000; preferred,.") p. c nonii.
Par of shares, $100 each. Beginning Jan. 1,1901, a
il Dings for preceding year nan reE fund of 5 per cent ol
tire first mortgage bonds yearly at 110 for the first 15 years, then at
107^ for 5 yeanCthen 105 tor the next live years, then 102 "s for three
vears. thereafter it par. Of the second mortgage bonds the Interna•
Col mill his, O., Treasurer lop. 10,'01.2%
N. Y., Hanover N. I.k July 1, 1915
Bost.,N.Bk of Ucdemp. Jan. 1. 1914
Oct. 1 oi .111%
See text.
do
Oct. 1 •01 .1 V\.
Oct. 1 'oi.i v\,
do
,|o
Oct. 1 '01 ,lh%
B'ston.Faneull HallB'k Jan. 1. 1911
Bostou Safe 1). A Tr.Co. June 1, 1920
Boa. S.D.&Tr., Boston. June 1. 1920
517.400
500,000
800,000
540,400
i'.ooo
....
H.
1.7-10,200
1893
.
—
1893
....
i
.000
1, 1900
1, 1946
1945
July 1, 1940
1943
Oct.
Jan.
500.000
100
110
ot
:: » l
100
100
100
100
rs.c
hmHttU\fut A'irrr
453,000
50
55
lute Rlv June, to Canada line) gold.o'
-Ck. guar. same div. as Conn. A Pass
Rlchford 1st niort. guar, by C A P c"
I
1.000
1,000
8eiul-an Ooiumb's,0.,Reo'rs' Ofl
A. & O. Apr.. '97. coup. last paid.
None paid in cash.
J.
B
J. Jan. ,'97, coup, last paid.
7.440,591
1,778,000
1895
....
00
V. 000,000
l
i
-.
$1,035,'
1.000
1.000
ill. iH. C.
-
Al
UOJtfDS.
800,"
00
Boston,
July, '01,3i4%
Aug.1,'01,3%
Apr. 1, 1943
Aug., 1901, 3%
Jan. 1, 1911
July 1, '01, 5%
Jan. 1, 1903
1943
1921
'02-04
Sept. 15
Sept.
•Ian.
1.
1,
Broad St. Stat'n. .Sept. IT),) 930
do
do
May 1, 1913
do
do
Nov. 1, 1944
Co.'s off.. Lebanon. Pa July 31 '01.3%
Plilla.,
5
'-J
in '01
to be operated electrically, and to authorize $1,000,000 bonds thereon.
\
On June 29, 1895, leased to Boston A Maine for
71, p. 698, 751
91 years at rental of 7 per ct. per annum on all stock.— (V. 72, p. 480.)
Owns Portsmouth, N. H., to
Portsmouth
Concord
Manchester, N. H., 40*2 miles. Leased to Concord RR. in 1862 for 99
7 p. c. on stock and organization expenses.
years; rental, $25,000;
.
RR.—
&
RR.— White River June,
999 years Masaawippl Valley, 37 m.
leased
to
1887,
the Boston
1,
A
Lowell for 99 years on a basis to pay Connecticut A Passumpsio stock
5 per cent till January, 1897, inclusive, and 6 per cent thereafter,
August, 1897, dividend being 3 per cent. In October, 1887, the Boston
A Lowell, carrying this road, was leased io Boston A Maine. Stook
Connecticut A PaMHumpalc Rlvern
Canada Line, 110 m.;
Lbase.— From January
Vt.. to
leases
authorized, $3,000,000; outstanding, as in table.
Securities.— Massawlppi stock receives same dividends as stock of
and $400,000 of it [not included ii the amount outstandingl
is pledged as part security for 4s of 1893 [$1,900,000 authorized]
which replaced $1,500,000 of 7s due April 1. 1893. Of the $2,500,000
preferred, $500 000. as also $50,000 Massawippi Valley Rf stock,
are represented by Connecticut Trust A Safe Deposit Co. of Hartford
5 per c3nt trust certificates, under which the Vermont Valley has the
right for 45 years from Aug. 1, 1885. to purchase the trust stock at
par and interest and in the meantime receives all dividends above 5
per cent per annum on the stock deposited in trust.— (V. 57, p. 1040.)
Owns from Springfield, Mass., to
Connecticut River
Keene. N. H., 74 miles (double tracked, 36 miles) branches, 6 miles.
Lease.— Leased for 99 years from Jan. 1, 1893, to the Boston A
Maine, annual rental (as amended Oct. 10, 1895) being 10 per cent per
annum on capital stock), payable directly to the stockholders in semiannual instalments Jan. 1 and July 1, and in addition thereto interest
on 4 per cent bonds and scrip and $2,000 for organization expenses.
Lessee pays all taxes, operating expenses, etc., but lessor shall issue
its stock or bonds for permanent improvements.— (V.
2, p. 86.)
lessee,
.
RR.—
;
'
Connecting Ry. (Philadelphia).— Owns from Mantua Junction
to Frankfort Junction, Pa., 7 miles; Germantown Junction to Chestnut Hill. 7 miles; brandies, etc.. 23 miles; total, about 37 miles.
A
&
consolidation in Aug., 1901, with the Philadelphia Germantown
Chestnut Hill. Kensington A Taconv and other subsidiary roads of the
Pennsylvania RR.— V. 73, p. 390. Stock, (1). Of the 3^». $386,000
were issued to retire the 6s maturing Sept. 15, 1900 and 1901, balance to retire remaining 6s as they mature.— (V. 73, p. 390.)
Connecting Terminal RR. (Bullalo).— (V. 70, p. 429.)i
Coos Bay Roseburg <fc Eastern it It. A INav.— V. 70 p. 175.
|
Cornwall A Lebanon
RR.— Owns Lebanon, Pa., to
Conewago,
22 miles; branches, 3 miles. IuJune, 1901, the Pennsylvania Steel
Co. acquired control.—V. 72, p. 1241, 1283.
DIVIDENDS— J To 1893 '93 '.-'4 .-»?. '96 '97 '98 '99 1900
1901
(Percent). ...
5»*
to4>syrly.
4
5
Also in 1892 3 paid special div. of )3"b in 1901, Feb., *n%; Aug., 3%.
M
622
'
344^
Earnings— 1 month.
Gross $35,746; net, $14,831
1901
J
July 1 to July 31. <H)00
Gross, 22,058; net,
9,846
In year ending June 30. 1901. gross, $279,876; net, $122,982; addition account expense of car trnsr, $113,24.-; interest and charges,
47,813; dividend (5»2 p. c), $44,000; depreciation of equipment,
t63,125; balance, surplus, $31,2s9.-(V. 72, p 675.)
Co alii* At lOaotei-n
Owns from Yaquina o Idanah, Ore.,
142 miles. Land grant was 850,000 acres. Orgauized in Dec, 1897, to
purchase and extend the Oregon Central A Eastern, which was the
successor of Oregon Pacitic. sold in foreclosure Dec. 22, 1894. Mortfage (Central Trust Co., N. Y., mortgage trustee), secures $11,250,000
s, to provide for extension eastward to Snake River in Malheur Co.,
and to cover all railroad lines hereafter acquired up to 750 miles.
Earnings.— In year ending June 30, 1900, gross, $112,556; net,
$26,814; total deductions, $60,843. 1898-9, gross, $126,036; net,
$14,292. (V. 66, p. 335, 573; V. 68, p. 474.)
Cotton Belt.— See St. Louis Southwestern Ry.
Covello Ac Columbia River Ry.— Projected to extend from Covello to Riverside, Wash., 35 miles, and thence to Wallula, on the Columbia River. Stook authorized, $1,000,000. In May, 1900, tiled a
mortgage to the Bowling Green Trust Co. of New York, as trustee.
In Oct., 1901, construction was expected to commence soon. President, J. A. Thronson, Dayton, Wash.
Cuba Company.— V. 70, p. 841, 995; V. 71, p. 1166.
Cumberland A: Ohio RR., North. Biv.— V. 70, p. 1095, 1249.
n
RR.—
Cumberland A Pennsylvania RR.— Owns
from Cumberland,
Md., co Piedmont, Md., and several branches, 57 miles. Owned and operated by Consolidation Coal Co., which guarantees by enlorsement the
first mortgage.
V 52, p. 390. Stock, $1,500,000; par, $100. For vear
ending June 30, 1900, gross, $572,354; net, $164,102 charges, $81,dividends, $207,780; bal., def., $124,812. In 1898 9, net, $288,102.
134;
;
Cumberland ValleyRR.— Owns from Harrisburg,Pa.,toPotomao
River, Md., 82 miles (and with leased lines operates to Winchester, a
total distance of 116 miles). It leases— Cumberland Valley A Martinsburg Railroad, 34 miles; Dillsburg A Mechanicsburg Railroad, 9 miles;
Southern Pennsylvania Railroad, 21 miles; leases Cumberland Valley
St WayDesboro RR., 13 miles; total operated, 165 miies.— (V. 81, p. 152.)
I
T
U
SUPPLEMENT.
INVESTORS'
3*
/
(Vol.
XXlli;
i
Ott
MAP OF THE
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October,
1901.
f
:
RAILROAD STOCKS
J
A2S
33
BONDS.
D
«
:
Subscribers will router a jrcat favor by glvlusc Immediate notice of any error discovered In these Tables.
RAILROADS.
For explanation of column headings, Ac,
on tlrst page of tables.
Oorttw. (t
Uorvallis
Covello it
Lrban-{Con.)— 1st
raort. for
Miles
see notes
of
Date
Size, or
Par
of
Road. Bonds Value.
24
$800,000.r
Eastern— Ixt inort. ($1 1 ,950,000). Ce.0*
Columbia Kivcr— 1st inort.. $700,0O0, g.
Oumbertand it rtmutylrania— 1st mort.,g., G.gU..
Onmberland Wii/^y— Common stock
<*
85
57
50
50
Pref stock {,$!&. 0<>o is J.l prof.)
1st and '2d ms., gold (2d $90.500 due Apr, 1908.)
IB.c
Dakota faeiric— 1st M. J.. $650.000
Dayton <* it ic h. —Com. st'k (3>a p.c. guar.C.H. AD.)
Preferred (8 p. c. guar. C. H. A D.) endorsed
c
1st mortgage, guar. p. A 1. end by C. H. A D
82
40
.
Dayton* Cmon kR.— 1st
142
32
Delaware— Stock
38
884
o
M.,s. f. (not dr"n)
Dayton Union Ay.— 1st M., s. f., call at par F...
Dayton * Western— \%X, M., guar. L. M. and C. A X.o
Gen. M.. $2.(XX),000. gold.FP
117
54
o"
Delaware * Chesapeake 1st M., assumed, our..c
d Bound Br.—Stock— 8 p. c. gu. Pbila. 4 Read.
1st mortgage
mortgage, extended in 1899
Delaware <t Hudson — Stock
1st M. on Pennsylvania Dlv. ($1 0,000,000) UiicAr
Bluff Point Land Improve. Co. 1st M.,gold,guar.o*
Equlpu/t M $150,000 payable May y'rly. Usui
Equlpni't deb.. $2,500,000, $200,000 an'ly, Jan. 1
Delaware Laekawantia <t Western— Stock
Con. M. now 1st on roao. & equip ($10,000,000) Fo
Delaware Maryland d Vi rginxa— Stock
Junction A B.— 1st m. to State, extended
June. A Breakw. 2d M. (matured Feb. 1, '99.F.0*
Dei.
M
1891 $100Ae.
1898
1,000
1900
1,000
1891
1,000
"27
27
.
194
39
44
1856 500 Ao.
1899
1,000
50
1871
50
1881
1,000
1,000
1879
1899
1864
1,000
25
1892
1882
1875
1879
i
1,000
1,000
100
1,000
100 Ao
100
1877 1,000 Ac
1890
1.000
1899
1.000
1900 10,000
50
1877
1,000
25
i860
All.
1
879
1,000
Stock.— Pennsj lvania RR owns +975,850 com. and $237,200 pref.
Dividends.— In 1880 to 1884, 10 per cent yearly; from 1885, to
1901, both Inclusive, at rate of 8 per cent yearly.
Gross, $579,295; net. $1«4,547
) 1901
Gross, c 49,917; net, 176,420
Jan. 1 to July 31.
S 1900
Repobt for 1900 was In V. 72, p. 532. Earnings entire line as follows:
Int., etc.
Dividends.
Gross
Net
BaL.surp
Tear.
(8 p.0.)$l4V,228
$70,454
1900. ...$1.0=2.378 $255,218 $42,536
240.581
p.o.) 142.22S
960,281
42,908
(8
55,445
1899....
p. 7U«;V.68,p. 668; V. TO, p. 5 80; V. 72, p. 391, 532.)
-(V. 66,
Oct
.
Earnings. -7 months,
Dalfcts Fort
Win Hi A Gulf U y.—See
72, p. lOrO; V. 73.
Sci'P. of Oot.,
1899.— (V.
p 337.
Dawson Ky.— V. 73. p. 783.
Dayton A Michigan H.-i»c Map Gin. Ham. dt Day.— Owns
Dayton, O., to Toledo June, O., 141 miles. Trackage into Toledo, l^m.
Lease.— Leasea May 1, 1863, In perpetuity to Cincinnati Hamilton A
i
Dayton. Rental is the Interest and sinking fund of debt, and 8 per
oent on preferred stock and 3*9 per cent on oommon.
Securities.— Guaranty on preferred is secured by mortgage of 1871.
but the preferred oarrles no voting power. V. 56, p. 813. Mortgage of
1856 is held alive under mortg. of 1881. which is therefore a first lien;
Central Trust * Safe Deposit Co. of Cincinnati, Trustee.
Earnings.— Gross earnings in year ending June 30, 1898 (Including
Plqua A rroy branch. 8 miles), were $1,576,293; net, $579,783; interest, $136,400; dividends, $1S0.967; bal., surplus, $262,416. In
1896-97, gross, $1,45-.519. Due lessee July 1, 1898, $1,222,887.
Dayton Union Ry.— Union depot at Dayton, O. Stock, $321,000,
Pres., M. E. Ingalls; Sec, Ralph Peters;
all common, all outstanding.
Treas., C. G.Waldo. Office, Cincinnati, O.
Dayton A Union RR.—Owns from Dodson, O., to Union Clty>
Did.. 32 miles; leases Dayton to Dodsdon, 15 miles; total operated, 47
miles. Operated by Cleveland Cinn. Chicago A St. Louis, whicr., jointly
with the Cincinnati Hamilton A Dayton, owns the capital stock.
All surplus earnings over interest goes to a sinking fund for the redemption of bonds at not above 100. Capital stock, $86,300. For year
ending Oct. 31, 1900, gross, $149,337; net, $45,849; other income,
$8,000; charges, $35,353 balance, surplus, $lo,496.
Dayton A Western RR.—Owns from Dayton, O., to 8tate line
Ind.. 48 miles, and leases 4 miles to Richmond, Ind. Leased from Jan. 1
1865, for 99 years, renewable forever, to Little Miami, and so operated
by Plttsb. Cln. Chlo. A St. Louis. Under terms of the lease, upon payment of the D. A W. bonds the Little Miami will become sole owner
of the D. A W. Of bonds $32,000 are 7s. Stock, $309,276.
Delaware RR.—8hellpot Crossing, Del., to Delmar, Md., 95'22
miles; branches, Oentrevilie, Md.,to lownsend, Del., 3515 miles; Clayton, Del., to Oxford Md., 54 30 m.: Seaford. Del., to Cambridge, Md.,
;
3297
m.; other branches,
674
m.; total,
22438
V. 67, p. 1356.
Wilmington A Bait.
miles.
Leased till May 1, 1927, to the Philadelphia
which owns $1,664,475 of the stock; rental net earnings see V.
64, p. 1000. Div.dmds 1898 to 1901, Inclusive, 6 p. o. yearly. Tji year
ending Oct. 31, 1900, gross, $1,646,660; net, $534,220. In 1898 99,
gross, $1,391,537; net, $4"2.793; other income, $14,110; Interest,
taxe*, etc., 1-184,513; div., $179,228; bal., sur $53,162.-( V. 68,p.l29.)
—
,
Delaware A Bound Brook
RR.— Owns
from Bound Brook
(Central of N. J.) to Delaware River. 27 miles; branches to Trenton, 7;
second track 27 miles; all track 77 miles. In May, 1879, leased for 990
years to Phila. A Reading RR. for $267,000, paying Interest and 8 p. c.
on stock; lease assumed by Phila. A Read'g Railway.- (V. 68, p. 722.)
Delaware
Co.— (See Map.)— Operates railroad lines
from Wilkesbarre. Pa., via Albany, NT Y., to Rouse's Point, on
Canada line, with branches, 664 miles in all Name changed from
Delaware A Hudson Canal o.. April 25, 1899 V. 68, p. 871. The
system is well shown on the adjoining map, and Includes
A Hudson
>
Lines owned—
Miles.
Lines leased— VSeethesecos. Miles.
Lackawanna A Susquehanna.. 22 U Albany <k Susquehanna
142
Valley RR. of Pa
17 UNew York A Canada
150
Honesdale Branch
32 1! Rensselaer A Saratoga
192
8oheuectady A Mechanicville. 10 UUnion RR
22
Cherry Val. 8haron A Albany 21 Ti Jefferson RR. (trackage)
35
H Schenectady A Duanesburg.. 14 Other lines
7
Total operated
ti(j4
Also leases Utlca Clinton A Binghamton and Rome A Clinton RR.,
44 miles, sub-let to New York Ontario A Western.
The canal ceased to be operated in 1898, its cost was charged off and
bed sola in June, 1899. V. 69, p. 1061; V. 68, p. 566. In Mar., 1901,
additional coal properties were acquired, estimated to produce about
500,000 tons annually.— V. 72, p. 437,
History. Etc.—This company was chartered April 23, 1823. It la
one of the largest miners and carriers of anthracite coaL
Dividends. J '83. '84. '85. '86. '87. '88. *89 to'96. '97 to '00.
1901.
8lB c
2 ) !,<
6
5
5 6
7 y'rly. 5 y'rly. Inc.Sep.,514
.
'i i
,J^, 7
Dividends for 1901 fixed at 7 p. c, payable quarterly.— V. 71, p. 86.
Bonds.— Adirondack Railroad bonds carry the endorsed guaranty
of the D. A H. as to principal and interest. See that company. In 1896
$1,000,000 N. Y. & Canada debentures were issued and guaranteed—
see that company. In 1899-00 issued $4,000,000 equipment trust 3*ss
^
.
Amount
Outstanding
INTEREST OR DIVIDENDS.
When Where Payable, and
Payable
Whom.
Cent.
Rate Per
$766,400
5
A.
F.
(t)
(t)
5 g
1,000,000
5 g
1,292.950 8 In 1900
484,900
8
239.000
8g.
650,000
5 g.
3i«
2,401,900
8
1,211,250
5
2,728,000
225,000
7
500 000
4 g.
495,000
6 A7
2,987,125 6 In 1901
500,000
4Hig.
400,000
4
8
1,800,000
1,500,000
7
300.000
4
34,65»,200 7 In 1901
5,000,000
7
300.000
4 g3*2 g.
1,200,000
4
2,500.000
26,200,000 7 In 1901
3,067,000
7
526,758
*8*
185,000
4
250,000
A.
A
A
A
A
/»<//«**—
Dividend.
O. Co. 's off., Lebanon, Pa.
A.
New York City.
O.
Now York.
N. Guar. Trust Co. of N. Y.
M.
Q.-J.
Q.-J.
rruicl-
pal.When Due.
by Slock»- Last
Apr.
192i
1.
1998
Apr.
1,
1,
May
A Chambersburg.
do
do
do
O.
do
O. Boston, Inter Trust Co.
Phlla.
O.
t.
1920
1921
l.'Ol. -2%
July 1, '01, 2*4
A. A
Apr. 1, 1904-8
A. A
Apr. 1. 1929
Cincinnati.
A. A O.
Oct. l.'Ol.l*
do
Oct., 1901, 2%
Q.-J.
N.Y., Kessler A Co., Cln. Jan. 1, 1911
J. A
J. A D. N.Y.,Am. Exoh.Nat.Rk. Deo. 1, 1909
J. A J. N. Y., Farm. L. A Tr. Co. July 1, 1949
N. Y., Bank of America. Jan. 1, 1905
J A
.1.
Checks mailed.
July l.'Ol, 3%
A
Phlla., Broad 8t.8tatlon July 1, 1932
J. A
&
F. &
M. &
F.
do
A.
Feb.
Q.-F.
Phlla., 240 So. Third St.
A. Phlla., Guar.T.AS.D.Co.
N. Phila.,240 So. Third St.
1,
1912
Nov.20,'01,2%
Aug. 1, 1905
Aug. 1, 1905
rMch. N.Y.Of.,21 CortlandtSt. 8ept.l6'01. H*
do
Sept. 1, 1917
A 8.
do
do
J. A J.
do
Jan. 1, 1940
do
M.15AN
do
Yearly to 1909do
1903 to 1915
do
J. A J.
Q.-J. N. Y. 26 Exohange PI. Oct.21,*01. 1%
M. A S.
do
do
Sept. 1, 190T
A J. Phlla., Broad St. Station Jan. 1. 1932
,
A
do
A.
do
Overdue.
4s, payable $150,000 yearly, and $200,000 additional beginning 1903.— V. 68, p. 670; V. 69, p. 1193; V. 70, p. 125.
General. Finances.— On May 9, 1899, the stockholders voted to set
afide every year, as a sinking fund to retire stock and bonds and
guaranteed securities, an amount equal to at leant live cents per ton of
coal sold or $175,000 to $20o,00o per annum, to be charged against
income account each year. (V. 68, p. 92 6. 8ee ordinance in full, V. 68,.
and
Examination in 1898 showed tons of coal owned in fee bv
1180.
company, 165.186.3h3; tons of coal under lease, 58,361,400; total.
In 1898 sold for about $1,500,000 the sto k of the
223.547,793.
Rutland RR., being cost and 4 per cent interest, the balance, about
$1,165,000, being paid on Deo. I, U00.— V. 68, p. 184.
In 1900
200,' 00 stock was retired from prooeeds of the binking fund and
S 141,800 in 1901.— V. 72, p. 434.
Earnings.— Earnings of leased lines in New York State for6 monthsending June 30 were:
Aib.JcSusq.
^- N. Y. & Can.
Rens.Jc Sar.
p.
,
—
.
6 months.
1901.
1900.
$2,49",24< $2,341,681
.Net
1308,543 1,19*,652
Sur overcbgs....sur.679,260 sr.579,065
Gross
1900.
1901.
,
,
—
—
190'.
11)00.
$515,141 $1,19^.2«2 $1, 86911
v9o,720
188,*5
176,508
32«,046
sr.1,153 df.10,238 df.327,0.8 df 286,360
$5 7.294
<
Annual Report.— Fiscal year ends Dec. 31. Annual meeting Is held
on the second Tuesday in May. Report for 1900 was in Chronicle,
V. 72, p. 434. Coal (anthracite) carried in 1900, 6,228,770 tons; In
1899, 6,430.050 tons; in 1898,5,613,186 tons.
Tear endmu Dec. 31.
1899.
1900.
1898.
1897.
Receipts from coal. $7,351,113 $7,617,840 $7,207,345 $7,709,441
Railroads
11,485,188 11,011,126
9,907,357 10,061,167
Miscellaneous
551,432
452,288
607,189
589,442
Total
Net
Int., taxes
A
$19,387,734 $19,081,254 $17,721,892 $18,360,051
$6,129,264 $5,870,421 $4,794,297 $5,274,389
rentals
2,941,872
2,879,575
2,923,478
3,132,968
Balance for stock. $3,187,392 $2,990,846 $1,870,819 $2,141,421
Dividends
$1,750,000 $1,750,000 $1,750,000 $1,750,000
Officers.- President, Robert M. Olyphant; Treasurer, C. A. Walker;
Secretary, F. M. Olyphant. 21 CortlandtSt , New York.
Managers— Kobert M. Olyphant, William H. Tillingnast Alexander E. Orr,
Chauncoy M. Ilep>-w James W. Alexand-r, Uorac' G. Young, J tin Jacob A stor, K. Somers Uayes, Frederic Cromwell, David Wlllcox.R Suydam Orant,
George I. Wilber; one vacancy. -(V. 72. p. 434, -»37, 987; V. 73, p. >-2. 33;.)
Delaware Lachawanna je Western RR.— See Mop.)- Operates main line from Hoboken, N. J., opposite N. Y. City, to Buffalo, N. Y.,
410 miles, with branches to coal region, etc., 490 miles, including
Lines owned
Miles
Lines leased fl See each co. Milts.
N. J. State line to N.Y. line ....114 ^Syracuse Blng. A N. Y
81
Branches to N'rthumberl'nd, Ac 80 llUtioa Chenango A Susq
97
Lines leased
flValley RR.of N. Y
11
ffMorris A Essex and branches. 157 ITWarren
19
1TN. Y. Lackawanna A Western. 214 Sussex, Ao
56
34 Bangor & Portland Ry
if Cayuga & Susquehanna
39
35
If Oswego A Syracuse
Total operated Jan., If 01. .947
History, Etc.—This is one of the most important of the anthracite
coal roads. No sub-companies (coal and mining) are controlled, the railroad owning ts mines. Original company chartered in 1832 present
title assumed in 1853.
Its leased lines are mostly held under long
leases, and the system is compact. In 1894 representatives of the
Vanderbilts entered the directory. See V. 57, p. 721 The entire $610,000 stock of the Bangor A Portland Ry., 39 miles, was purchased In
—
—
—
;
Julv, 1900.— V. 71, p. 134; V. 72,
Dividends—
Since 1880.
p. o.
S1881
\
6\
Finances.— The refunding
Nov..
p.
435.
*82-'84
'85
8 yearly
7^
of Morris
'86 to Oct. '01.
.
7 yearly.
* Essex bonds maturing prior to
larter at out
$200,000 yearly; W*rren RR. refunding in 1900 and 1905 will reduce
charges about $50,000 annually.— V. 7 0, p. 477; V. 71, p. 1066.
Earnings.- Earnings of leased lines in New York State for 6 months
ending June 30:
Charges.
Balance.
6 months.
Gross.
Net.
1901
$l,'/37.983
$591,215
$4,004,800
$1,829,198
19U0
1.206,307
3,412,627
1,508.521
302,214
annual Report.—Fiscal year ends Dec. 31. Annual meeting Is held
on the Tuesday preceding the last Friday in February. The report for
1899, with balance sheet, was in Chronicle, V. 72, p. 388, 435. The following includes ail lines except Syr. Bingh'ton A N. Y., Sussex RR.,
Bangor A Portland ana Lackawanna A Montrose RR.
ear end. Dec. 6\.
1899.
1898.
1900.
Passenger earnings
$3,951,051
$3,501,708
$4,186,232
Freight earnings
15,707,945
15,1^5,510
16,008,321
Miscellaneous
1,666,126
1,506,021
2.658,315
$20,fc»7,763 $21,325,122 $22,168,344
Net after taxes
$6,265,484
$8j753,912
$7,889,793
Coal department (net)
*1,200,082
904,173 def. 1,726,093
Other miscellaneous income..
641,943
577,181
02,132
To tal net income
$8,107,509 $10,235,266
$6,765,832
* Earnings of the coal department in 1900, $22,261,887; expenses
$21,061,805; net, $1,200,082. 1899, $23,136,863; expenses, $22
232,691; net, $904,173.
1
902, will reduce the guar, interest charges of th
•
i.
1
31
INVESTORS' SUJ^LEMENT.
[Vol.
XXIII.
F
Jol.
—
:
:
AND BONDS
liAlLKOAD STOCKS
I
>
S3
subscribers will confer a great favor by giving Immediate notice of any error dlneovered In tliene Tables.
RAILROADS.
Miles
Date
or
Par
Size,
of
of
For expiration of column headings, Ac, see notes
Road. Bonds V u hie.
on ttrst page of tables.
Delatnire
itari/i,itid
if
omSL
ttatawung
INTEREST OR DIVIDENDS.
>"•'
When Where Payable, and
Ki "''
I
Virginia— Concluded )—
I
19
35
1874
All
1876 $500Ac.
$200,000
400,000
3
4
g.
10
1886
1,300,000
4
g.
o'
let mortgage bonda i$l.500.ooo) gold
Denrer Lakeuood .c Golden — 1st mortgage. P..
flrnnlr. mtm
(see text).. Tr.
jrjeuwr 4 JMn fTrnnrfi
Pref. stock, 5 percent non-eum 841,400,000. Tr
Interns, mort for 843,000,000 i —,„. . H -«*. ,63
iiniw 1st mortgage)
1,621
88
1880
Bre.-.k.
A Frank.
1st in. to State, red.
oeeterRR. ist.M. (matured Apr.
Dtimrare Hirer RR.
If.,
>f
$1,300,000, g
DtUitcure Stuq.
.f
.iff.
l>
.I.m.'95.
*96)g.F.o'
.
& RR.
gu. p.8 t..Penn. RR.6P.0'
Stock (auth. 81,900,000)
1.000
50
1
100
100
.
\
T
Improvement mort. (85,000 )>er mile) g.. l «.o".tr
Kio Qrande South'n l-t mort.. guar.Ce
Kio Grande Junction 1st mortgage, guar. .Ce.o*
Rio Qrande Western—floe that oompany.
Demer.f (fOHthwfUr* OoBunon stool
I'r, f.'rrril stock, 5 )><t rout, non cum
500 Ao.
i
1
1 .<>•_> 1
180
02
1886
1,000
1S>JS
500
1888
1,000
1,000
100
100
F
41 1895
mort., gold, sink, fund
o*
127 1889
>00,000, e. t, not subj. to oall.Co.o'
Des Homes <t Fort Dodge— Common stock
Preferred stock. 7 p. c. nou-cuin
secures
s Series A, int. guar., end..
IstM l
(S8| 1874
1874
Do. s both equally > Series B, int. guar .end.. I'
55 1881
1st mort. on extern, Tara to Kuthven, int. gu.. K
Des Homes Union— Stock. $2,000,000
37 1SS7
Ce.o"
1st M. tor 8800,000, cold
0"
Dtfnil Grand Haren if Mil.— 1st equip. M. gu
189 1878
Oonsol. mort., guar, (option— see text)
o*
189 1S7S
Detroit Hillsdale rf >'. \v.— 8t'k.4p.o.rent'l.L.8.AM8.
65
Dftn.it Grand Jiapids d Western— See PERE Marq CETTE RR.
Detroit Lansing <t Xorthern—See PERK Marquett BKR.
% Of which $100,000 on Nov. 30, 1900, in treasur y and $91,0
1st
;
1.00O
1,000
100
100
1,000
1,000
1,000
100
1,000
1,000
200 Ao.
100
00
Tear end.
Interest and rentals
1900.
1899.
1898.
$5,305,012
$5,391,990
$5,406,239
Aooountschaigedofl.etc
12,!>5
1,402,104
35,328
Dividends (7 p el
1.834.C00
1,83 4,000
1,834, 000
Balance after dividends
sr.$896,232 sr.$l,607,172 def.$509,735
Okfickrs— President, W. H. Truesdale; Chairman of Board. Samuel
Sloan, secretary and Trea&urer, Fred F. Chambers, 26 Exchange
Place. N. Y.
rd—
Bo
8*mnel Sloan .rhainnan). Predk. W. Vanderbi't. Wm. W. Astor.
ItMgrno HlutJins, Henry a C. Tailor. J. Ki jrers Maxwell. Geo. F. Baker, Wm.
Rockefeller. Hamii'on MtK Twombly. Jsuiea Stllloian, M. Taj lor Pyne, Harris
Kahnesiock Kiank Work, John D. Hockefeller Jr.
-(V. 72, p. 282. 388, 433.035; V. 73, p. 287.)
C
Delaware Maryland A Virginia RR.— Owns from Harrington
toRehoboth, Del., 44 miles; Georgetown to Franklin City, Va., 54 miles;
total, 98 miles. Controlled by Philadelphia Wilmington A Baltimore,
which owns $326,200 of stock, and so by Pennsylvania Railroad. See
V. 50, p. 498. Loans and bills payable, Oct. 31, 1900, $184,800; other
floating debt, $460,200. In year ending Oct. 31, 1900, gross, $268,914;
net, 864,141; interest, taxes, etc., $48,190; balance, surplus for year,
815,951, but this does not include int'st on the floating debt, $460,2u0
Delaware River RR. A Rrldge Co.— Owns a bridge over the
Delaware River near Philadelphia and about 10 milae of connecting
railroad. Capital stock ($1,300,000) is all owned by the Pennsylvania
RR, which guarantees the bonds, principal and interest, by endorsement on each. Dividend for 6 mos., 2 p. c. paid Dec. 26, 1900. Sinking fund is one per cent, but bonds cannot be called. See bonds and
guaranty in V. 63, p. 1062, 1159.
RR.—Owns main line
from Drifton, Pa., to Gowen, Pa., 31 miles branches, 17 miles; total
owned, 48 miles. Trackage— Lehigh Valley RR., etc, 133 miles.
Opened Feb. 15, 1 392. The road is controlled by Coxe Brothers A Co.,
Inc., the ooal miners. Dividends Oct. 18, 1892, 40 p. c In cash Nov.
25, 1893, 20 p. c in cash and 50 p. c. in stock; Sept. 26, 1894, 26^3 p. c.
in cash; Nov. l, 1899, to May 1, 1901, 4 p. c cash yearly (paid J.-J.)
Mortgage trustee Trust Co. of North America, Phila.
Earning?.— Fiscal year ends June 30. In year 1900 01 gross,
81,14 5,262; net, $141,482; Interest, $35,267; depreciation, $50,000;
bal., surplus, $56,215. "From accumulated surplus dividends of 2 per
cent each were pall Nov. 1, 1900, and May I, 1901, calling for $60.000, leaving balance June 30, 1901, of $403,554. In 1899 00, gross,
81,142,463; net, $166 31Denver Lakewood &. (.olden RR.— Embraces 27 miles of
track, of which 22 steam, Denver to Ralston, and 5 trolley, Denver to
Barnum. In Sept.. 1901, W. W. Borst was still receiver; no reorganization plan yet f>>rmula'ed. Stock, $1,000,000.
For 1899-00, gross,
840.460; net, $5,290. President, Samuel Newhouse.
8
150.000
;
Denver A Rio Grande RR.— (See Map)— Road—The lines of this
oompany, well shown on the adjoining map, reach all the important
points in Colorado, while its standard gauge line from Denver via Pueblo
westerly, via Leadville and Grand Junction, forms a link In the transContinental route to Ogden, Salt Lake City, Ac, including
Miles.
Road owned and operated ... 1,642
Rio Or. Jc. RR., etc. (leased)
Leased to Rio Grande West..
Miles.
Of the preceding:
Standard gauge
610
(Of which 346 is 3d rail.)
Narrow gauge only
912
Total June 30, 1901
1,722 2d track and 3d rail
381
The standard-gauging of the 3-foot lines is being gradually accomplished.— V. 71, p. 394; V. 73. p. 507, 615. The U. P. Denver A Gulf
usee tracks into Pueblo, 57 m., at a rental of $45,000 per annum.—
.
62
18
V. 61. p. 421.
Branch. Texas Creek to Silver Cliff, Col., 26 miles, was opened in
June, 1901, and another from Moffat, Col., to Crestone, 18 miles, expected to be completed in 1901.
History. Reorganization of a railway company of same name foreclosed July 12, 1886. The Rio Grande Junction is leased jointly by
tnls company and the Colorado Midland, and its bonds guaranteed.
Dividends since 'SO) 1891 '92 '93 '94 '95 '96 '97 '98 '99 '00 1901
on pref., per. cent
2^
S
5
In Jan., 1901, dividend rate increased to 5 p. c— V. 71, p. 1166.
toNDS. -Consols for $6,900,000 originally reserved for extension to
Ogden (made unnecessary by acauisition oi Rio Grande Wes-tern) may
be used for other capital requirements. V. 73, p. 507. See abstract
—
02
0022
2^44
mortgage in Chronicle, V. 47, p. 228.
The improvement mortgage abstract was in Chronicle, V. 47, p. 229.
The stockholders voted on May 15, 1901, (1) to acquire the common and preferred stocks of the Rio Grande Western Ry., (2)
to cancel the D. A R. g., $4,350,000 Drelerred and $7,500,000
common treasury stoek reserved to acquire the Rio Grande Western
!?? th *ireu P on (3) to increase the preferred stock from $23,650,000 to
$44,400,COO, (4) to issue $6,900,000 consolidated mortgage bonds for
future requirements and (5) to authorize the directors by a two thirds
of
e
revobe or amen d by-laws. Of the new preferred stock, $12,J«l
500,000 was subscribed by stockholders at 90 and used to acquire
?nl c^J£ aJy tne entlre Ri » Grande Western common stock. About $5,125,000 of the $7,500,000 preferred stock of the latter was exchanged
n.
A J.
A O
A
Phila.,Brond
St. Station
do
1. 1932
overdue.
Jan.
do
M.
A
A.
N.
Philadelphia. Pa.
Dillton, Pa.
A.
A
(.).
PhlladeL, (o.'s Office.
K.
Aug.
A
A
A
J. Office, 47 Win. 8t, N. Y.
J. N. Y.FourthNat. Bank
do
J.
do
A
1).
A
A
J.
do
do
Julyl5,'01,2»e
Jan. 1. 1936
Jan. 1, 1936
June
do
A
N. Y., Maitl'd, O.
D.
1936
'0i.2%
Apr. 1. 1909
1.
;,
Co.
1,
July
1.
do
1.
1928
1940
1939
Q—
F.
Aug.,'01. Ha%
3.000,000 See text.
Q.-F.
Aug.,'01,l> 4 %
2,000,000 See text
5 g. J. A D. N.Y..Farin. L. A T. Co. Deo. 1, 1925
524,000
5 g. J. A D. N. Y., Kessler A Co.
Dec 1, 1929
U4,923,000
4,283,000
7 in 1901 August Chicago, C. R. I. A Pao. Aug. 1/01,7%
763,500
J. A J N. Y Chic R. I. A Pao. Co. Jan. 1, 1905
4
1,200,000
2 Hi
do
J. A J
do
Jan. 1, 1905
1,200,000
do
4
do
672,000
J. A J
Jan. 1, 1905
. ,
400.000
671.000
2,000,000
3,200.000
1,350,000
5g. M.
6
6
4
x
A.
A.
J.
A N
A O
A O
A J
A lao
N. Y., Central Trust.
Mechanics' Nat.Bk.,
N. Y. and London. 5
<
Nov. 1, 1917
Nov. 14, 1918
Nov. 15, 1918
N. Y., Farm. L. A Tr. Co. July 5, '01,2%
5
$2,9 33,000 not guaranteed.
'n 1901 for preferred stock of the Denver Company on the basis of 10
shares oi Western for 1 1 shares of Denver stock. Through the Rio
Grande Western the Utah Fuel Co. was acquired.— V. 72, p. 775.
The Missouri Pacific early in 1901 acquired$l4, 800,000 common and
$7,300,000 preferred stock, this, together with the. Rockefeller interests, it is understood, constituting a considerable niajoiity of the entire stock.- V. 72, p. 338, 580, 1238; V. 73, p. 506.
Latest Earnings.— From July 1 to Aug. 31, 2 months
Gross.
2 mos.—
Net.
Olh. inc. Charges.
Bal., sur.
1901
.$2,087,462 $867,896 $3 ',317 $105,204
$495,009
1900
743,436
19,872
109,054
364,254
held at Denver the third Tuesday in Ootober. Full report for 1900 01 in V. 73, p. 492, 506 See also
editorial, p. 470. Construction account was closed in September, 1891,
since when all improvements have been charged against income.
Feor ending June 30
1901.
1900.
1898.
1899.
Average miles oper'ted
1,668
1,674
1,670
1,666
1,998,048
Annual Report.— Annual meeting
is
$
Gross earnings
Net earnings
Other income
Total net Income
on bonds
Taxes and insurance..
New equipment
Interest
11,452,404 10,246,080
4,328,506 3,760,241
111,374
113,684
4,439,880
1,855,122
396,471
3,873,925
1,882,106
357,527
130,161
319,829
Miscellaneous
274,864
Dividend on pref. stk.(5)l, 182,500 (4)946,000
Balance, surplus
;
^
A.
t. 27 ,000
6
38,000,000
41,784,750 5 In 1801
4 g.
28,717,000
6,382,500
8.120,000
6 g.
i
v.*. 277,000
g
1,850,000
5 g-
in th e sinking fu nd.
June 30—
Delaware Susquehanna A Schuylkill
l,f>00.000 See text
1,000
i
.
Term.
J.
Bridge—
•18
1
Due.
stacks— Last
Dividend.
by
Whom.
payable
,.,.,„
Ilmids— Principal, When
730,923
238,302
$
9,270,246
3,559,897
110,327
8,342,926
3,325,326
62,403
3,670,224
3,387,729
1,900,810
1,997,950
337,552
362,098
177,590
275,133
179,179
(4)946,000 (2»«)591,250
33.1S9
257,252
Officers— Chairman of Board, George J. Gould; Presilent.E. T. Jeffery; Treas., J. W. Gilluly; Sec, Edgar H. Booth; Comptroller, Stephen
Little. Omce, 195 Broadway, N. Y.
Directors.— Qeoree J. Gould. R. T. Wilson,
H
J.
Edward Simmons, Jacob H".
Arthur Coppell. New York
^chiff Kdward
Harriman, Winslow S. Pierce and
E. T. Jeffery and E. O. Wolcott. Denver. Co .
,2, p. 821.988,1135; V. 73, p. 137, 184,
'
1
-(V
Denver
Southwestern Ry.—Divide,
286, 492, 50C,
615.)
Cripple Creek
and Florence, etc., 77 miles; Victor to Isabella, 6 m.; branohes and spurs
to mines, etc., 47 miles; total, 130 miles, of which 43 miles standard
gauge. Incorporated in Nov., 1899, to acquire Midland Terminal
Ry., Florence A Cripple Creek RR., Golden Circle RR., La Bella Mill,
Water A Power Co., Colorado Trading A Transfer Co. and to own
three-quarters interest in Metallic Extraction Co. See prospectus, V.
69, p. 851, 1011, 1103; V. 72, p. 984; also adv. in Chronicle of March
3, 1900, p. ix.
Stock and Bond9.— Common stock, $3,000,000; 5 p. o. non-cum. preferred stock, $2,000,000; all issued. Of the gen. mort 30-year 5s $577,000 were reserved to redeem the outstanding $577,000 Midland 5s, the
only underlying bonds remaining unretired; $91,000 have been purchased by the sinking fund, and $100,000 purchased from surplus
earnings are held In the treasury as an asset. V. 71, p. 696. Sinking
fund or $95,000 yearly will retire bonds purchasable In the open market at not exceeding 110.
Dividends.—On common. Us p. c. quarterly May 1, 1900, to Aug. 1
1901, incl.; pref., 1** p. c quarterly May 1, 1900, to May 1, 1901, inol_
Earnings- 8 mos., ) 1900-1
Gross, $1,330,299; net, $523,250
Deo. 1 to July 31. (1899
Grcss, 1,657,056; net, 651,722
Fixed charges in 1900-01 (including sinking fund), $311,872; bal.,
sur., $211,378, against $378,219.
Report.— Report for year ending Nov. 30, 1900, was in V. 72.
p. 984, showing gross. $2,481,567; net, $973,395; interest on bonds,
$274,008; sinking fund. $132,508: div. on pref. (3% p. c), $75,000; div.
on com. (4iflp. c), $135,000; bal., sur., $356,879. President, W. K.
Gilleit; Secretary and Treasurer. J. P. Cobb. Office, 52 Broadway,
N. Y.-(V. 71, p. 696; V. 72, p. 282, 984, 1237, 1279.)
«v
Col., to
RR.— Owns Des Moines to Ft. Dodge,
88 m., and Tara to Ruthven, 55 miles; trackage, Illinois Central, Tara
to Fort Dodge Junction, included above. Leased Jan. 1, 1887, to Chic
Rock Isl. A Pac for 18 years at rental of 30 per cent of gross earns., with
a guarantee of 4 per cent interest on the Series A bonds, and 2*9 per
cent per annum on the Series B bonds, both series being equally secured
by the mortgage of 1874. The series B were originally 6 per cent Incomes, but their coupons have been stamped, reducing the interest rate
to the 2*8 p. c guaranteed. Preferred stock is entitled to 7 p. o. noncumulative dividends, then common to 7 p. c after which both share
equally. In June, 1901, new parties obtained control and contemplated making an attempt to break the lease.— V. 72, p. 1135.
'95
'96 to '93
Dividends.— )
*94
1899 to 1901
1893
on pref. (p. c) 5
4
6 yearly
2
4
7 yearly
Rental for year ending Dec. 31, 1900, $189,894; for 1899 was $174,563.-(V.71,p. 81; V. 72, p. 1135, 1235.)
Dee molnee No. A XV. RR.— In 1899 acquired by Ch. M. A St. P.
Dei IVIolneg Union Ry.— Terminal road in Des Moines; owns 3'7
miles main track and branches, 9-7 miles 2d and side tracks, bridge
across Des Moines River and 25 acres of land in Des Moines. See
statement to N. Y. Stock Exchange V. 65, p. 1173. Leased to Wabash
Dei Hoi net. dc Fort Dodge
la.,
06
INVESTORS' SUPPLEMENT.
[Vol. LXXIII.
October,
KAILROAD STOCKS AND BON1J&
1901.]
A7
Subscribers will confer a great favor by giving Immediate notice of any error discovered In these Tables.
Hands— PrlnclINTEREST OR DIVIDENDS.
RAILROAD*.
Miles Date Size, or
pal.When Due.
Amount
of
When
of
Par
For explanation of column headings, Ac, see notes
Outstanding Rate Per Payable Where Payable, and by Storks— Last
Road. Bonds Value.
Cent.
Whom.
on iti st page of tables.
Dividend.
dt Maek.—" 1st lien," $1,500,000. g. ITIo.C
"Mort. bonds" $2,500,000 gold, red. at par. Mo.o*
Detroit Stoifoftt r»Wo -See LAHORE A Mil H S.>.
Del So.- 1st M.. g.. $1,500,000. rtd. to "06 at 105.C..Co..u*
Mortgage. $10,000,000 gold
Ohio South'n, equip notes, due $6,560 monthly.
Dover 4 Roekaicay—Stocb,6 p. 0., rental 999 years.
Detroit
1st
.
mortgage
—
&
City III. Cen., W. lines, 1st M.,g.U*.e*,fcr
Iowa Falls A Sioux Cltv 1st M., la. F. to 8. City
Cher A Dak.,C. R. 4>C. and OmahaDlv.,eto..lst M.
np.OAr
Duluth dt Iron Range— \»l mortgage
2d mort., currency, red. at 105, $5.000,000.Ce.c*
Duluth ilissabe tt .Yor<Vn 1st mort., gold, s. f
Ce
.$3,500,000. g., call at 105
1st oonsol.
Ce.o
2d mort. ($5,000,000) gold, red. at 105
DuiulA Ho.8K.ii Atlantic— Marq.H.AOn.gen.M.Ce.C
Duluth South Shore A AUan., 1st M., gold.Ce.oAr
First consul, mort., gold. Interest guar. < e.o'AT
lno. cert*. ($3,000,000 held by C. Pao. July, "01)
Car trusts June 1, 1901
Duluth Transfer— 1st mort. for $2, 000,000. HI p. ..
Dunk.Al.Tal.it Pittsb.— 1st M., old 7s, to he refund.
Dub.
•*
—
M
Duuhett Cou nty— See Central New England.
r
Matt Broad Top RR. dt Coal—1st mortgage
Matt ilananoy RR.— Stock
Matt Pennsylvania— 8toek6p.o gu.999yrs.Phll.AR.
1st M., gold, guar. p.Al. byP.A R. RR. (end.)...o*
Mail Tenn. Ta. 4 Ga.-See SOUTHERN Ry.
Mast Term <tW..\. Car.— lstM.$25O.OO0.t;uP.cur.c
Kentucky Ry.— Stock ($1,779,500 Is pref.)
Ry, of Minnesota— See Great Northern.
All
Ail
1895
1895
1,000
1,000
263
408
1901
1901
1,000
1,000
ab
100
5 1881
1.000
218 1895
1,000
184 1869 500 Ae.
828 '88-00
184 1887 l.OOO.Vc
184 1896
1,000
65 1892
130 1893
1,000
130 1898
1,000
156 1885
l.OOO
416 1887
1,000
572 1890
1,000
....
1892
20 1891
35 1870-2
I
1873
1,000
1,000
1888
31
1,000
100
RR., Chicago Great Western and Chlo. Mil. A St P. Ry. Rental equal to
expenses and fixed charges paid monthly by lessees on wheelage basis.
Bills payable June 30. 19i)0, $59,000. Earnings for year 1899-00,
gross, $162,615; net, $53,596; interest and taxes, $36,385; baL, surplus, f 17,211.-(V. 70, p. 2S0.)
Detroit Grand Haven A Milwaukee Ry.—Owns from Detroit to Grand Haven, Mich., 189 miles. A reorganization of September, 1878. The principal and Interest on the bonds are guaranteed by
the Grand Trunk of Canada. Stock, $1,500,000; par, $50. Real estate
bonds or mortgages, $226,000. On Jan. 1, 1899, sundry outstanding
accounts $358,0:5. Grand Trunk of Canada owned Deo. 31, 1900,
the $1,500,000 stock. *s to offer to bondholders in 1900, see V. 71, p. 84.
For 6 mos ending June 30, 1901, gross. $472,863; net, $92,930.
against $70,637 in 1900; charges. $181,549; bal.def. $88,618, against
$111,418
For year ending Dec. 31.1900, gross. $1,006,323; net, $225,599,
Charges, $363 427; hal.. def., $137,828. For 18 9, gross, $1,002,875;
net, $27»*,lt;6; dencit under interest, eto., $84,095.
Detroit Grand Rapids A Western.— See Pere Marquette RR.
RR.—
A
Southwestern
Detroit Hillsdale
Owns from Ypsilant',
Mich., to Bankers, Mich., 65 miles. Leased in perpetuity from July 1,
1881, to the Lake Shore A Michigan Southern Co.; the rental is $54,000
per year 4 per cent on stock.
—
Detroit A Lima Northern Ry.— See Detroit Southern Ry.
Detroit Mackinac A .Tfarquette RR.— See Miscellanei rsCos.
Detroit A Tfacklnac Ry. —Owns from Bay City, Mich., to Tower,
178 miles; Rose City Branch, 32 miles; Prescott Branch, 12 miles;
Val. Branch, 26 miles; various logging branches, 77 miles; total, 325
miles. La Rocque to Onaway, Mich., 19 miles (which forms part of
the extension t" Mackinac), operated from July 1, 1898. Much of the
logging branch mileage Is temporary, built only to bring out lumber.
See V. 61, p. 558. In 1900 01 carried 887,178 tons, of which lumber
and other forest products furnished 77 88 per cent.
history, Etc.— Formed in December, 1894, to succeed the Detroit
Bay City A Alpena, sold In foreclosure. " Mortgage bonds " for $500,000 are reserved for betterments, etc., at not over $50,000 per year.
The common stock and $750,000 "mortgage bonds " are held in trust,
and If deemed best the principal of the latter and any Interest waived
may be converted into preferred stock; they may be sold at the discretion of th* D. B.C. A Alpena reorganization committee for the benefit
i f the holders of the beneficiary certificates
or delivered at any time
not later than April 1. 1905. See V. 60, p. 130.
Stock.— The capital stock is $3,000,000, of which $2,000,000 common and $16 ,000 preferred has been issued, leaving $835,000 preferred Issuable only for conversion of bonds as above.
-
Latest Earnings.—
> 1901
Gross, $68,068; net, $15,840
1 mo., July 1 to July 31.
Gross, 73,744; net, 23,863
$1900
Earnings.— Report for year ending June 30, 1900, in V. 71, p. 961.
In 1900-01, gross, $865,747; net, $2c0,587; interest, $122,000; miscellaneous, $12,143 balance, surplus, for year, $116,444.
;
Officers.— President, J. D Hawks of Detroit.— (V. 73, p. 66",)
Detroit Southern Ry.—Operates from Detroit, Mich., to Wellston, O.. via Lima, 343 miles, with branches, 80 miles, a total of 423
miles, Including about 15 miles of trackage, and thus constitutes a
route from the bitumlious co*l fields in Southern Ohio.
Organization.— A consolidation of the OMo Southern RR and the
Detroit a Lima Northern Ry. onJuiel, 1901, a ter foreclosure, per
plan V. 72, p. 438.-V. 72, p. 626, 722, 1034, 1080.
8tock. Common, $0,500,000: present issue, $10,000,000: preferred 4 per cent, non-cum, $6,500,000; present Issue, $6,000,000.
Voting Trcst —Both classes of stcck are vested until June 1, 1906
(unless surrei deredearlier at their discretion), in the following voting
trustees. Frederick J. Lisman. John E. Borne, Evans R. Dick, Cyrus J.
Lawrence and Leopold Wallach.
BOND3.-The $4,500,000 40 year 4s will be secured by a purchase
money lien on the Ohio Southern Ry. (Lima to Wellston and branches.
In all 263 mih-s), and upon their retirement, for which r4,5c0,000 of
the fifty year 4s are reserved, the latter will be a first mortgage on
all the consolidated properties.
Of the 50-year 4s $2,7*0 0(>0, together with $50o.0<
each of prefer-ed and common stock, are reserved for extensions and improvements, and $500,000 of th>- 40
year 4s for improvements on, and equipment notes of, the Ohio Southern
RR
See
official
statement, V. "i, p. 1237.
Latest Earnings.— 2 mos.,
1901
Grcs, $195,308;
net, $52,«53
July 1 to Aug. 31.
$1900 ...Gross, 173,072; net, 26,038
Earnings. -Tl.eearnings of the Ohio Southern RR for the year end
lng Jui e 30, 1900, were reported as gross, $824,820, and ne., $306,11 3, and those of the Detroit A Lima Northern Ry.. on a b sis of 197
miles, includl g 58 miles since sold, as g- oss. $383,745, and def. under
operating expenses. .$6,198. Direotoi s May, 1901, V. 72, p. 1080.-(V.
72, p. 626, 1060. 1187, 1237; V. 73, p. 723.)
Atlantic Ry.— (V. 71, p. 29, 84; V. 72, p. 86, 1279 )
Dominion
Dominion
1
J?-
N. Y., N. Y. Cent.A
Securities ro.— Organized in May, 1901, under New
Jersey laws to finance railroad enterprises in Canada, with the right
to acquire and sell securities and loan money thereon. The first enter-
Hud June
1,
1900
A J. Jan., '85, lnt'st last pd July 1, 1903
J.A D.lB Phihv.Pa., Read. Term J'nel5,'01,2»»
J. A J. Phil., Phil. A Read. Ry Julyl6,'01,3%
M. A S.
do
do
Mch. 1, 1958
4
250,000
3,447,300
1881
i
4,000,000
2,750.000
out 400,000
140,000
35,000
5,425,000
2,800,000
8.430,000
6,732,000
See text.
1,174.000
1,933.000
4,658,000
1,077,000
3,816,000
15,107,000
3,000,000
425,800
1.180,000
2,900,000
A D. N. Y., J. P. Morgan A Co June 1, 1995
A D.
do
do
June 1, 1995
lg. M. A S. N. Y. .Colonial Trust Co, Moh. 1, 1941
4
J. A D.
do
June 1, 19£>1
5 A 6
To 1905
A. A O. N. Y., 143 Liberty St. Oct.. 1901,3%
6
J. A J.
do
do
6
Jan. 1, 1906
F. A A. N.Y., Office, 214 B'way
Aug. 1, 1951
do
do
J* A. A O.
Oot. 1, 1917
Deposlte d to sec ure 111. Central bonds.
A. A O. N.Y., Of., Empire Bldg Oot. 1, 1937
5
do
6
J. A J.
do
Jan. 1, 1916
Jan. 1, 1922
£*• J. A J.
6g J. A J. N. Y„ Central Trust Co. Jan. 1, 1923
do
do
5
J. A J.
Jan. 1, 1918
A. A O. New York, 44 Wall St Apr. 1, 1925
6
do
do
5
J. A J.
Jan. 1, 1937
4 ft
A A. New York or London. Aug. 1, 1990
New York.
4
Deo. 31, 1912
1903 to 1906
Jan., 1921
6g. J. A J. July, '95, coup, last pd
4g.
4g-
500,000
497,750
1,730,450
495,000
1,000
50
50
36
36
0.000
2,000,000
$1,0."
J.
5
6
4
M.
A
S. Phlla. Gu. T.
A S. D. Co
Nov.
I,
1905
prise undertaken is the Cape Breton Ry. (8ee V. 73, p. 183, 392.)
Stock authorized, $1,500,000; par of shares. $100. President, W.
Seward Webb; Secretary and Treasurer, Arthur L. Meyer. Office, 15
Broad Street, New York.— V. 73, p. 393.
Dubuque A Sioux City RR.— (Set Map of Illinois Central)—
Owns Dubuque, Iowa, to Iowa Falls, 143 miles; Iowa Falls to Sioux
City, 184 miles; Manchester to Cedar Rapids, 42 miles; Onawa, Iowa,
Cedar Falls to Minnesota State Line
(merged by consolidation in 1896), 76 miles; Tara Station, near Fort
miles, former Fort Dodge & Omaha,
Dodge, la., to Council Bluffs, 130
purchased June 16, 1900; total owned, 730 miles.
Organization.— Controlled since April, 1887, by the ni.Central RR.,
which owns all except a few hundred shares of the $15,000,000 stock
(as increased June, 1900) and has issued its own bonds on the road;
the only D. A 8. C. bonds held by the public are the 7s issued under
Iowa Falls A Sioux City mortgage, $2,800,000.
Dividends— In 1888, ^ of 1 per cent; in 1891, 2 In 1892, about i 6 °f
1 p.c; in '93.li* p.c; m'94,2ia; In '95. Dec, 1: in '96, 3; in *97, 2;
in '98,3»fl; in '99, l^; in 1900, 3; 1901, July 19, l^.— (V. 70, p. 1290.)
Duluth A Iron Range RR.—Owns Duluth to Ely, Minn., 119
miles, with branches to Mesaba Range Mines, Fayal, etc., 65 miles. Owns
ore docks and yards on Lake Superior costing over $1,500,000.
Stock, Etc.— Stock authorized, $10,000,000, outstanding $3,000,000;
par $100. Land grant from Minnesota about 506,000 acres, of which
201,790 acres had been patented to tt prior to April 30, 1895— V. 64, p.
to Sioux Falls, Dakota, 155 miles;
;
1041. Federal Steel Co. (see U. 8. Steel Corp.) owns the stock and
$3,500,000 of the $4,500,000 2d mortgage bonds. (V. 66, p. 1237.)
The first mort. bonds are authorized at the rate of $25,000 per mile for
construction and $7,000 for equipment. Dividends prior to 1900 aggregated 100 per cent.
EARNiNGS.-For 10 mos.ending Oct. 31, 1900, gross, $3,980,490; net,
$1,862,619; other income, $379; interest, $505,500; balance, surplus, $1,357,498. In 1898-9, gross. $3,581,920; net, $1,797,884; balance, surplus over charges, $1,313,382.— (V. 67, p. 71.)
Duluth ?Ii*sabe A Northern Ry.— Owns from
Duluth to Moun77 miles; branches and spurs 69 miles; trackage to
Union Depot, Duluth, 2 miles; total, 148 miles. Entire $2,512,500
stock and $2,305,000 of the bonds are owned i>y Lake Superior Consolidated Iron Mines, and so by United States Steel Corporation with
$1,100,000,000 of capital stock. -V. 72, p. 1038.
Earnings.— For year ending June 30, 1900, gross. $3,640,313); net,
Iron, Minn.,
tain
$2,024,510; other income, $85,952; charges, $659,373; bal., surplus,
$1,451,089. (V. 70. p. 175; V. 72, p. 183.)
A Atlantic Ry.—Operates Duluth to Sault
"Soo" Junotion to St. Ignace, 43 m.; other, 127
m.; total, 585 miles. Controlled by Canadian Pacific.
Capital Stock.—Common stock Is $12,000,000 preferred, $10,000,000 par both $100. Preferred stock Is 6 per cent, non-oum. Canadia*
Paciflo Julyl, 1901, owned $6,100,000 com. and $5,100,000 pref. stock,
$3.000,i 00 incomes and $15,107,000 consols.
Bonds, AC— Abstract first mortgage, V. 45, p. 274.
The first consolidated mortgage of 1890 has interest at 4 per cent.
guaranteed by Canadian Paciflo, which Jan. 1, 1898, held the entire
outstanding issue [$15,107,000] in its treasury as security for its 4 p. o.
debenture stock consols for $4,893,000 are reserved for prior bonds
and additional amounts may be issued at $20,000 per mile of new lines.
General Finances.— July 1, 1901, Can. Pac advances, $236, 213.
Of the tonnage in 1900, ores furnished 50 p. c, lumber, etc, 21 p. o.
Latest Eabn's.— 7 mos., > 1901
Gross, $1,424,152; net, $437,910
Jan. 1 to July 31.
Gross,
1,486,714; net, 570,989
(1900
Repokt.— Report for year ending Dec. 31, 1899, was in V. 70. p. 1148.
Duluth South Shore
Marie, 415 miles
Bte.
;
;
;
;
Balance.
Interest.
Gross,
yet oner taxes. Oth.inc.
$85i\144
def. $4,110
$859,700
$2,557,973
$5,446
sur.14,059
1893.... 2,407.437
875,768
884,890
$4,937
-(V.70, p. 1 1 48; V. 72, p. 627.)
Duluth Transfer Ry.—Operates 24 miles of track. The mortgage for $2,000,000 is to the Metropolitan Trust Co. of New York,
as trustee. Interest due January 1, 1896, was not paid. John Eliot
Bowles was appointed receiver in September, 1896. Decree for foreclosure was obtained December 21, 1896, but no date of sale fixed and
no plan prepared to Oct., 1901; upset price $500,000.
Bondholders Committee.—Thomas S. Krutz, Thomas G. Hillhouse, William W. Cook of New York, C. Lippitt of Norwich, Conn.,
and John Foster of Providence control all the bonds.
8TOCK, $2,000,000; par $100.— (V. 63, p. 504, 1159.)
Tear.
1900
..
Dunkirk Allegheny Valley & Pittsburg.— Owns
A
from Dun-
consolidation in 1872
kirk. N. Y., to Titusville, Pa., 91 miles.
Ven
of the
Pittsburg and the Warren
Dunkirk Warren
ango companies. Operated since Oct. 1, 1901, by the Lake Shore
Hudson River RR.;
Mich. So. Ry. for account of New York Central
under lease to latter for 500 years from 1 873; accounts are kept sepper cent on
arate. V. 73, p. 663. Rental is interest on bonds and
A
&
1^
A
A
Capita] stock, $1,300 000, N. Y. Central & Hudson River Co.
owning $1,067,600; par, $100. The entire $.,900 000 bonded debt will
be refunded, but in Oct., 1901, was deferri d :or the present." For
year ending June 30, 1901, gross, $267,624: net, aft. r deducting taxes
(16 074), $4 5,940; charges and dividends, the latter. $19,500 (H2 p. c),
paid by N. Y. Cent. In 1899-0, gross, $259,657; net, $87,462 (V. 70, p.
1290.)
stock.
•
i
8
:
INVESTORS' SUPPLEMENT.
59i
confer a great favor by ulvinu Immediate notice of any error discovered In these Tables.
Bonds— PrinciRAILROADS.
INTEREST OR DIVIDENDS.
rit>.r« will
*.i iisi
For explanation of column headings,
on tirst page of tables.
Jfce.,
see notes
Miles
of
Par
Amount
I
|
1-si
-'vi— 1st M. ($10,000,000)1? fe.o'
Big 8o»d»- 3eeCllKSU\ * OHIO
Mimirn Cortland <£ \orthern—8e& Lehigh Valley RR.
100
Klmr
t Out.— SodusBnyASo.— 1st M.. tt.UuO
Mimira <e WUHmm tjtmt 0t*k,com.,5p. e. reu'l. K.O. 75i«
75»«
yrs., No. Cent.
Preferre.l stock. 7 i». c. rental, 909
75**
.
1st mor
o*
Income bonds, 999 rears to run
o*
'20
Eru dt Otnirmi Jr. r.— lei mort, fold. $800,000..
85
Jru <* Pi <. Btook, 7 p. c. rentiil. 999 yra ..PeunCo.
81
General mart (now 1st) $4,500,000, g guar.Un
,
,
C mp a n y Common stock
cum
pref. stock, 4 p. c. non cum
\— old Bonds Assotin— Koahs OoNBOUDA
li'iiirotiti
o
ref. *tock. 4 p. c. lion
V
Size, or
of
1891
$1,000
1S84
1,000
$7,852,000
5
g.
&
M.
N. Y.,71
N.
Broadway.
pal, When
Dne.
Stocks—Last
Dividend.
May
1,
1941
I.tx. if
bt
M.l'ienn. to Dun., ext., '97, gold.c
o*
2d mortgage, (extended In 1879) gold
0*
3d mortgage, (extended in 1883) gold
o*
mortgage, (extended In 1880) gold
o*
5th mortgage (extended in 1888), gold
Erie Ry.lst M..Bufl". Br., Hornellsv. to Attlca.g.o*
gold, $&-*.F.o*
1st oonaoL mort., $30,000,000,
bT. V. L. B. v* West, funded coupon bonds, gold.o"
o*
Bufl. N. Y. & Erie, 1st M. (Buffalo to Corning..
Buff. * Southw., 1st M., Buff to Jamestown, g.o*
Xewburg a- X. Y. 1st mort.. extended In 1889.. o*
K-KoiuU on Prohf.ktiks Controlled by
•Bergen Co. RR., 1st M.Ruth. Jc. to Ridgew. N.J.
•Ch.&Erielst M..g. (Marion. <">.. to Hain'd.IudCe.c"
Chloago & Atlantic Terminal, 1st mort., g.Oe..
;Elniira State Line Railroad, 1st mortgage
sb. A- Deck't'n. 1st A- 2d Ms., ($60,000 are 2d)
N
Date
Rate Per When Where Payable, and by
Road. Bonds Value. Outstanding
Cent.
Whom.
Payable
Mlfi" Jo
Erie
[Vol, LXXIII.
A
K. 1st
<'.
50
50
1S60
1.000
500
1895 100 *c.
50
1890
1.000
100
100
100
L86S
TED.
1847
1879
1853
1857
1858
1861
1870
1878
1876
1877
12 L868
OwNE K8HIP
10 18*9
249 1890
LSSS
1875
446
446
446
465
465
60
526
526
140
67
1,000
1.000
1,000
1,000
500 &c.
200 &e.
1,000
500
<feO.
1,000
50
&o,
1,000
$15,249— (V.
1,000
1,000
1,000
500 &c
>88-'89
La., to Covington, 24 miles
branch, Mandeville Jet. to Maudeville. 12 miles; total, 36 miles. In
Jan., 1901. control was ohanifed. V. 72, p. 87. Extension proposed
to Franklinton. La., for whioh bonds may be Issued. Stook. $1,000,000; issued. $340,300; par, $100. President, F. B. Hayne. New
Orleans, La.; Treas.. C. K. Mulllngs. Covington, La.- (V. 72, p. 87).
East .llahanoy Kit.— Owns from East Mahanoy June, to St.
Re-leased Deo. 1, 1896. for 999
Nicholas and branches. 11 miles.
years to Little Schuylkill Nav. RR. and Coal Co. at 5 per cent on stock,
Phil. A- R. Ry. Of the stock $280,000 is owned
and lease assigned to
and deposited Dy the Reading Company under its general mortgage.
East Pennsylvania RR.— Owns Reading, Pa., to Allentown, Pa.,
35 miles; second track 18 miles; all track 73 miles. Leased for 999 years
from May 1, 1869, to tie Philadelphia <fe Reading RR. at a rental of 6
per cent per annum on the stock and Interest on the bonds. Lease assumed In 1896 by the Phila. & Reading Railway Co. Of the stock
$878,850 is owned by the Reading Company, $875,000 of which is deposited under its general mortgage of 1397.
East St. Louis A Carondelet Ry.— East St. Louis to Falling
Springs and E. Carondelet, 12 m.
Stock, $420,000. First 7s. $200.0O0 were paid in *97. Unfunded debt Jan.. 1900, $130,000. Year
ending June 30, 1901. gross, +152,979, agst. $159 394 in 1899 0. Year
1899, gross, $31,333; net. $65,471; charges, $9,849; div. (3 p. c ),
$12,600; balance, surplus, $17,148.
East Shore Terminal Co.'s
RR.— Road.— Owns terminal road
In Charleston, S. C, 3 miles double track laid with 60 pound steel.
Company also owns 14 wharves, 30 warehouses, about 30 acres of
land, 4 cotton compresses, etc., on the city's water front, these being
connected by its owu road with the other railroads entering the city. In
February, 1898, the interests controlling sold their holdings to C. C.
Cuyler, of Cuyler, Morgan A Co., New York, in the interest of the
Plant system and associates. Bonds have been deposited with the
Metropolitan Trust Company.
Bonds are $1,OJO,000 first gold 5s,
$166,480 funded coupon scrip and $277, OtO second 8s.
Receivership.— W. E. Huger was appointed receiver in January,
1996.— V. 62, p. 139. Stock outstanding, $1,120,000.
Earnings.— Net earnings for year ending June 30, 1899, were $21,491; in 1898, $21,149.— (V. 62, p. 138; V. 66, p. 425; V. 69, p. 1300.)
East Tennessee Virginia 6c Cieorala.—See Southern Ry. Co.
East Tennessee
A Western North
Carolina RR..—A
narro w-gange road from Johnson City, Tenn., to Cranberry, N.C., 34 miles,
Including 3 miles leased. Stock Dec. 31, 1899, $501,900. Extension
from Cranberry to Lincolnton, N. C, about 75 miles, projecte I.
Earnings.— For year ending Dec. 31, 1899, gross, $77,848; net,
$22,005; int., taxes, etc., $1S,870; bal., sue, $3,135.
West Railroad.—Cartersville, Ga., ro Pell City, Ala., 117
East
miles; branch's, fj miles. Extension fiotn Pell City to Birmingham is
projected. Formerly the East <£ West RR. of Alabama, sold in foreclosure May 29, 1893. (V. 56, p. 923.) The present company was incorporated under laws of Alabama Jan. 11, 1894. Stock, $1,500,000,
President, Edward Kelly, New York.
all owned by the Kelly estate.
In year ending June 80, 1900, gross, $142,668; net, $15,145; total deductions, $16 109. -(V. 71, p. 002.)
Eastern Kentucky Ry.— Road from Riverton to Wchbville, Ky.,
36 miles. Chartered in 1866 and opened through in 1889. Stock is
common $1,697,800; preferred $1,779,500. There are no bonds. Bills
and ace
able June 30, 1897, f.">3,613. Earns, for vear 1899-0
r
In 1898 9. gross. $37,685; net, $766.
Eel River llll.-N Logansport A. Toledo Ry.
Kluln .lollet A Fastem Ry.—Owns from Waukegan, 111., on
Lake Michigan, via Spauldlng and Jollet, to Porter, Ino., 130 miles,
A
I
and branches N'onnantown
to Aurora, 10 miles— Walker to Cos
111.— 32 miles;
to Whiting, Ind., etc., 9 miles; total
main line owned, 18 miles; spun to coal mines, etc., 16 miles;
trackage 'I. N. a I
West Indiana, 4*8; Beit
'->h; Chicago
Ry. of Chicago, 2i, 16 miles; side tracks and yards owned, 93 miles,
total track operated, S20 miles.
Organization.— An outerlic.lt line at Chicago for transfer of freight
without breaking bulk. Also reaches coal fields
Entire capital Mo k
owned by Federal Steel '
»o controlled by United States Steel
Hammond
ter.
4
.
Corporate
V
67, p. 578. 838.
Stock.—Stock, $6,000,000, par, $100.
n.
Dividend, 4 p.
c. in
1899.
Bonds, Etc.— First mortgage balance unissued can be disposed of
for extensions, betterment
Earnings
July
1
—
to
8
months,
$
1?00-1
5 g.
A.
5
g.
g.
4g.
J.
4
J.
7
7
7
g.
g.
g.
6g.
5
200,000
12,000,000
300,000
160,000
246.500
&
&
&
&
&
&
&
&
&
&
&
M.
M.
M.
4
6
5
5
7
6
g.
g.
M.
M.
J.
J.
J.
N. N. Y..21Cortlandt8t.
S.
S.
O.
D.
J.
S.
S.
D.
J.
J.
OofCa
A. A O.
M. & N.
J. & J.
&
A.
O.
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
pital Stock, or by (II)
N. Y., 21 Cortlandt 8t.
do
do
do
do
ELmlra.Choiuung Co. Bk
Various
May
Moh.
1,
1,
June 1,
July 1,
Sept. 1,
Sept. 1,
June 1,
Oct.
July
1,
Jan.
1,
$804,690
820,378
387,910
Interest, rentals.etc.
1947
1919
1923
1920
1928
1931
1920
1920
1916
1908
1929
Lease.
Apr. 1, 1911
May 1, 1982
July 1. 1918
Oot. 1, 1905
1928 29
Year end. June 30. 1899 00.
1898-99.
1897-98.
Gross earnings
$1.923. 173 $1,674,979 $1,390,695
Expenses and taxes.
993,490
901.768
1,118,493
Net earnings
Net.inc.otherinoome
1,
Sept. 1,
1896-97.
$1,184,646
772,064
$681,489
$438,927
$412,582
371,992
370,699
371,669
67, p. 177).
RH.— Pearl River,
East Louisiana
4>«g.
2,482,000
2,149,000
4,617,000
2,926,000
709,500
182,600
16,891,000
3,699,500
2,380,000
1.500,000
250,000
OF ENTI RE (')ORA M AJORITT
East Broad Top RH, A; Coal Co. (Pa.)— Owns trom Mount
Union, Pa., to Wood vale. Pa., 31 miles, and leases Shade Gap, 11 miles,
and branches to mines. 3 miles; total, 45 miles. A coal road opened
In 1874. Stock $815,589 (par $50), of which $247,189 is 6 p. c. pref.;
current liabilities June 30, 1900, $326,867. Bonds in addition to 1st M.,
nt., 6 p. c. payable M.-N.
Year ending June 30. 1900, gross, $76,458; net, $9,200; interest,
etc. ,'$24,449; bal., deficit.
500.000
5 g. J. & J. N. Y., Nat. Bank Com. July 1, 1924
500,000
5
M. & N. Phlla., Broad St. Sta.
Nov., 1901
500.000
7
do
do
July, 1901
J. A J.
963,000
6
J. & J.
do
do
Jan. 1, 1910
570.000
5
A. & O.
do
do
Oct. 1, 2862
300,000
In default.
Aug. 1, 1915
6g. P. & A.
2.000,000
7
Q.-M N. Y., Union Trust Co. Sept., '01,1%%
3,758,000
do
do
July 1, 1940
3>s g. J. & J.
112,378,900
16,000,000
Aug30,'01,lJ«
47,892,400 See text, F. *& A.
.Gross, $1,288,011
1,274,449,
;
,
net,
net,
$501,697
557,958
Balance
sur $432,433 sur.309,497 sr.$118,228 sur.$40,913
70, p. 230; V. It, p. 872.)
Elmlra Cortland 6c Northern Ry.— CSee Map Lehigh Valley.)—
Owns Elmira, N. Y., to Cauastota, N. Y., 118 miles, and leases during
corporate existence, Canastota Northern, Canastota to Camden. N. Y.,
21 miles. In 1896, the $2,000,000 stock was purchased and 5 per
cent bonds guaranteed by the Lehigh Valley. (V. 63, p. 402.)
President, A. F.
Banks.— (V.
Elmlra A Lake Ontario RR.—Owns from Cauandaigua.N Y., to
Chemung Junction, 64 miles Sodus Point to Stanley, 34 miles other 2
—total, 100 miles. A Consolidation in December, 1886, of the Sodus Bay
& Southern and other railroads. Leased at cost of operating to the
Northern Central, whioh owns all the $1,500,000 stook. Lease may
;
;
be terminated on thirty days' notice. Year ends Deo. 31.
lnlerest.de.
Gross.
Net.
Earnings.
$74,223
$47,610
1900
$774,716
65,236
20,926
1899
734,216
Bal., def.
$26,583
44,310
Elmira 6c Wtlllamsport Ry.—Owns from Williamsport, Pa., to
Elmira, N. Y., 75*3 miles. Leased to the Northern Central Railway
for 999 years from May 1, 1863. The dividends on the common stook
are 5 p. c. and on the preferred 7 p. 0., less taxes, making dividend on
common 462 per cent and on preferred 6-32 per cent. Year ending
Dec. 31, 1900, gross, $1,173,652; net, $290,367; rental $196,404.
See New Mexico Ry. & Coal.
El Paso Ac Northeastern
York Ry.— Cortlandt, N. Y., to ClnolnErie A Central
Stock, $800,000; par, $100,
natU8. 20 miles; completed May, 1898
issued, $564,300. Bonds are subject to call at par after Aug. 1, 1900.
On May 12,1900, John R. Bland, mortgage trustee, assumed control.
V. 70, p. 1149. For year ending June 30, 1901, gross, $32,992; net,
$1,764; interest charges not paid President (Sept., 1901), Charles O.
Scull, Baltimore, Md.-(V. 66, p. 857; V. 67, p. 319; V.70, p. 1149.)
Owns New Castle, Pa., to Glrard, Pa., 81
Erie 6c Pittsburg
miles branch, to Erie Docks, 3 miles; trackage, to Erie, 17 miles; total
operated, 101 miles. Leased to the Pennsylvania Railroad for 999
years from March 1, 1870, at a rental of 7 per cent on stook and
interest on the bonds, and the lease transferred to the Pennsylvania
RR.—
New
RR.—
Company. Tax suit, see V. 71, p. 135.
Earnings.— The lease has been quite unprofitable
to the lessees, the
deficiency being: in 1897. $39,781; In 1898, $137,967; in 1899. profit,
$12,873; in 1900, profit, $118,216- (V. 71, p. 135.)
Erie Railroad.— -See Map on adjoining page.— Embraces trunk
from Jersey City, opposite New York City, to Chicago, 111., 986
line
and branches 1,3:12 miles; total, 2,313 miles; second track, 701
miles; 3d and 4th tracks, 24 miles; total, 3,042 miles. The total of
2,318 miles comprises
Miles.
Leased lines.
Miles.
Lines oicned in tee.
1fl8
Piermont, N. Y., to Dunkirk.. ..447 Avon Gen. & Mt. Morris
TflO
67 Montgomery & Erie
Buffalo to Jamestown
1126
140 Northern N.J
Buffalo to Corning
miles,
Other branches
Stock all * or nearly
•Chicago & Erie
•Jefferson
RR
all
1
112
owned.
RR
RR
•Nypano
tTloga
Other lines
Rooh.
11249
If
—
A Greenwood L. &brs..
tNew Jersey & New York
;N. V.
Goshen
45
Cleve.
&
& Deckertown
Genesee Valley
Leased to Nypano RR.
& Mahoning Val
11
12
If
1
1181
Sharon Railway
H32
98
Other lines
If 37
1 68
1f430 Trackage
If See this company.
58
219 Lines in system June -iO.'OI. 2,318
N. Y. Susquehanna & West.. 236
1151
HiSTORY.-On Dec. 1, 1895, succeeded to the property of the old New
York Lake Erie A Western RK. Company, sold in foreclosure on Nov.
6 under its second consolidated mortgage. The new company holds in
fee or through ownership of all or pracfloally all the stock of the independent companies, the line from New York to Chicago (including the
Nypano RB. and Chicago & Erie companies) and also all branch and
subsidiary lines except a few small properties. The reorganization
plan of 1S95 was in V. 61, p. 368.
In January, 1898, control of the N. Y. Susquehanna & Western was
obtained. The road is operated as an independent line.— V. 66, p. 83,
335, 573, and editorial p. P8. See STOCE ImIow.
In March, 190l, Dearly entire stock ot Pennsylvania Coal Co was acquire 1, the purchase Including valuable coal mines. Krle A Wyoming
Valley RR 3' rant on. Pa., to Lackawaxen. 64 miles, 48 miles of gravity
road with terminus at Hawley. Pa., and the Hawley branch. 13 miles,
formerly leased to the Erie. See Bonds below.— V. 71, p. 1219, 1311;
V. 11, p. 44. 136, 241, 532, 627; V 73, p. 398. In 1900-1 an interest
in thestock of the Lehigh Valley RR. was piircha-ed— V. 73, p. 391.
Coal and Steamboat Pboi'Krty.— The Erie coal properties represent an aggregate of 10,500 acres of anthracite, of which about
9,000 acres are held In fee; also 53,000 acres of bituminous coal
,
:
October,
i 1
01.
AND BONDS
UAlLliOAD STOCKS
J
RAILROADS
|
For explanation of column head b
on first page of ta
-
-
a
.
s,«-
notes
Miles
Pate
of
ot
Koad. Bonds
Amount
Par
Value
Outstanding
Kail road- (Concluded) —
Erie
it— itond«
smr o
,
8
1867
M's.,ex.ln'87A 89(H*dale Br.Jo
37
1889
1st mort.. Carhouda'.e to S. depot. gold .FP.O*
....
L888
Co. i'on.-«.M..k'. mow i>t BaJIseetex
•Lome Dock
'66 '67
Mont. A Krie. 1st A 2d morts. ($40,500 are 2ds)
40
N.V,Vi;nvmv L., Prior Hon M., $1,500,000 .N,
396
1SSO
w Jersey A- N. Y 1st M. (reorganisation)
34
1893
Gen. M.. $1,200,000 (red. 108 after 5 veins).,
ISS2
N.Y.I..F..AW.C.A RR. 1st M /'law fill inou."ITIpo
L888
*S. Y. L.E.A W.IVA I. Co. 1* H V.56, p. B2.F.C
1SS0
.old, $ A * F o*
431
•N. Y. Pa. A Ohio, prior lieu
I>o. Leased lines— see separ.ee statements for Clev. A M.i
U N. Y Susquehanna A Western — Northern New Jerse y - Tlo
C— Erie Railroad OOKPAHI Ni.« Bonus.
67 1895
mort. on Buffalo A Southwest'n. itold..HIo.O"
1st consol M. for $175,000,000 seonriiu;:—
1895
Prior lien bonds, $35,000,000. gold.... F.0*Ar
Hen. lieu. $140,000,000. g. 9 "o to JMy.'OS) .o*Ar
1898
11)01
Pa. coll. tr. M.. $36,000,000. g., s.f.. textile oAr
....
N.Y.I.K.A W. ear tr.,B. to G. Inol., part pd. an.o' ....
*88-'90
IT.Y.Pa. A Ohioeq. trusts, suk. f.l. 3". dr'n at 100
1900
New Erie RR. equipni't trust, gold, part yearly
Avon Geneseo A Mt. Vorris and Rochester A Genes see Va
Murrica Oft Hips Pee St. L. A No. Arkansas RR
M^antvitle <t Indianapolis— T.H.& South. IstM.Fo*
40 1879
18S4
Evansvllle A Indianapolis 1st M., icold, guar.F.o*
55
Cou.M .(92.500. 000 ir.cn. p.Ai. (end.) E.AT.H.Fo" 135 1886
Means. * Terre ffa«4»—Common stock, $4,000,000
Preferred stock, non-cumulative. See text
l.SSO
Consol. mortgage (1st lieu) gold
115
1st consolidated mortgage, gold.F
144
1881
o*
'N
Propbbties Controlled bi 0>Will
*Jefltofl*n,lBt<fc2d
n
1
KI'IOR
IK
1600 Ac
1.000
1,000
l
,
l:
,
I,
100 Ac.
500 Ac.
500 Ac.
M
\.l
A
.
1,000
1.000
OF CAPI TALBTOfK.OKHr (f)Ll
.1.
g.
g.
1.000
JB100
M.
5g-
J.
4
J.
J.
F.
50
50
1,000
1,000
4
5
A
gg«.
1801. -V. 73, p. 137.
Bonds.— The new first consolidated mortgage Is for $175,000,000
[Farmers' Loan A Trust Co. trustee]— see abstract of deed V.62, p. 89,
and secures $35,000,000 prior lien and $110,000,000 general Hen bonds.
Of the $140,000,000 general lien bonds, $91,003,000 are reserved for
the ultimate acquisition of bonds and guaranteed stocks left undisturbed on various parts of the system [see list V. 62, p. 89], and $17,OOO.oOO were reserved for new construction, betterments, additions,
etc.. after 1897, under carefully
guarded restrictions, not over
fl.OOO.OOO to be used in any one year.
The position of the first consolidated mortgage Is substantially as
follows: It is a first lien [mortgage or collateral, the prior lien bonds,
however, preceding the general lien bonds] upon the company's chief
coal properties (except Penn. Coal Co.) upon its water transportation lines, including valuable terminal properties appurtenant thereto,
and upon a number of profitable local lines in New Jersey and near
Buffalo; it is a second lien upon certain minor coal properties and
upon the railroads leading to all the coal properties, upon the terminals at Jersey City, upon the Buffalo New York A Erie Railroad
(the main line to Buffalo) and the Buffalo terminal properties other
than those upon which it is first lien, and upon the entire line from
Salamanca to Chicago; it is a second consolidated mortgage upon
the lines between Piermont and Dunkirk (446 miles.)
The collateral trust 4s of 1901 are secured by 51 per cent of the
entire New York Susquehanna A Western stock ($16 000,000 total
Issue*, nearly all of the Pennsylvania Coal Co stock, and the stock
of th-- Erie A Wyoming Valley RR Scranton, Pa to Lackawaxen, 64
miies. and the Delaware Valley A Kingston RR. O' the bonds $32.000.000 were issued to acquire these stocks (excepting the N. Y.,
Susq. A West-rn, already owned), the remaluing *4, 000,000 being reserved for Improvements to the properties represented by the stocks
acquired. A slnkinz fund of 10 cents per ton of coal sold will purchase
bonds at not exceeding 105, otherwise to be app'ied to the drawing
of bonds by lot, all such bonds to be kept alive and the accruing inter
eat thereon to be added to the sinking fund, which, it was estimated,
will be eutrJcient to retire the whole issue at or before maturity.— V.
71. p. 1219. 1311; V. 72, p. 44, and circular, p. 136. 532 257.
Real estate mortgages outstanding June, 30, 1901, *"»7],*00.
Old bonds— Under the first consol. mortgage ot 1895 the company
covenants to pay the Interest regularly on all the old bonds in the
table tn- f are marked with a * or a : (except N. J. A N. Y. bonds,)
and to take 'hem up and pledee them with the trustee at maturity.
Long Dock 6s se»« March, 1894, Supplement under N. Y. L E. <s W.
For .V. r. Lake Eric <t W. Coal rf RR.. see 8up. January. 1895
The $1,777,990 equipment trusts of 1900 cover 1,000 steel freight
cars and 50 consolidated freight locomotives.
,
,
Fixed Charges. —The fixed cliarires of the Hystem were reduced by
the reorganization from $9,400.<>00 to $7,860,000 per annum.
General Finances.—To June 1, 1901, $4,000,000 of $5,000,000
P" or " en bonds reserved for construction and new equipment were
sold; also $1,903,000 general lien bonds issued for construction, etc.,
during Is. 00-1. -V. 71, p 754.1219. The tlrst dividend on first pre
ferred was declared in July. 1901.— See above and V. 73. p. 1 37.
P" rc,Jase °f fie control of the Pennsylvania Coal Co. late in
.«£tT removed
I9C0
the possibility of an independent anthracite coal line to
tidewater The acquisition was financed by the issue of $32,000,000
collateral trust 4 per cent gold bonds and $5,000,000 first pref. stock.
-\. l.p. 1219, 1311; V. 72, p. 44, 136, 532.
.
1
months,
to au*. 31.
)
1901
i
1900
Gross, $7,35^.346; net, $?,557,976
Gross. 6.699,280; net, 2,124,848
Annual Report.— Fiscal year ends June
given in
full in
30.
Report for 1900-1
V. 73, p
389, 395; see also editorial on page S66.
Average freight train load, 400 tons, against 392 in 1899-00.
19f0-l.
1899-0.
1898-9.
1897 98.
._
,
Miles operated
?,318
2,272
2,271
2,271
Gross earnings
$39,102,302 $38,293,031 $33,752,704 $33,740,860
Working expenses.. 28,406,974 28,44-, 505 25,169,926 25,438,038
Net farnings... $10,695,329
A
A
A
A
A
A
do
do
J.
do
N. N. Y., 21 Cortlandt
J.
do
do
8.
do
do
N.
$9,844,426
$8,58?,778
$9,302,822
Due.
Stacks— h&*\
Dividend
\*v..
— Cantl.
July
1,
1927
Jan.
1.
1,
190P
1935
Oct.
1926-37
May
May
do
do
do
N.
1,
1,
1946
1910
1932
May
Julv
Mar.
1,
1.
1,
1922
191S
1935
A
A
A
St.
July
1,
1908
New York A London.
Jan.
Jan.
Feb.
1,
199f
199C
1951
St.
N. Y., 21 Cortlandt
J.
J.
J.
N. Y.. 21 Cortlandt
A
6
» 8-
8t.
do
do
do
do
London.
New
1,
1,
Yearly to 190f>
1908 A 1910
To 1907
York.
oks—See th OSK COS.
<
7
M.
6g.
251,000
647,000
J.
J.
1,602,000
6 g.
3.987,383 l»oln*01 M.
1,282.417 5 In 1901 A.
6 g. J.
30,000
3,000,000
6g. J.
A
A
A
&
A
A
A
Farm
N. Y. ,
8.
.
L.
do
do
J.
J.
A Tr. Co.
Sept.
1,
190»
1, 1924
Jan. 1. 1926
1. '01,1%
do
do
July
N. Evansvllle, lnd.. office. May
do
O.
do
Oct. 16/01, 2»«
J. N. Y.,Fanu. L.&T. Co. July 1. If 10
do
J.
1900-1.
bituminous held under mineral
1900-01 aggregated 12,274,207,
rights.
out of the 25.999,602 tons hauled. The Union Steamboat Co. has its
terminal anil other properties in Buffalo and a fleet of eight lake steamers. See V. 63. p. 514. The I'e nnsyl cania coal properties acquired In
1900 are additional. See above.
Stook.— The stock is to beheld by J. Pierpont Morgan, Louis Fitzgerald and Charles Tcnnant. Bart., voting trustees, for five years, and
liereafter until the new first preferred stock shall have received 4 per
cent cash dividend in one year.
The new company reserves the
right to redeem either class of its preferred stock at par in cash. Provisions of voting trust and preferred stock certificate were given in
Sl'l'PLEMENT of April, 1897, page 3.
In Mar., 1*9S, Krie 1st pre?, stock was 'ncreased from $30,000,000 to
f-43,000,000. slid common stock from $100,000000 to $113,000,000. to
acquire New York Susq. A Western stock.- See V. 66. p. 335. 573. The
1st pref stock was fun her increased in 1901 $5,000,000 in connection
with the purchase of the Peunsylvania Coal Co. V. 72, p. 136.
Dividends.— First semi annual dividend on 1st pref., 1*2 p. c, from
earnings of i-ix months ending June 30, 1901, was paid Aug. 30,
fee 14,000 acres of
Its coal tonnage in the year
July
A
A
A.
Various
Various
Vnrltus
6 g-
3,805.145
.
1,000
1,000
1,000
•*
1.23M35
SU>
in
Earxings.- 2
M.
g.
6
Erie Railroad.—CONCLUDED.
lands held
A
J. Phila., Fidelity Tr. Co.
O. N. Y.. 21 Cortlandt St.
\.
O. N.Y...I. P Morgan d Co
Various N. Y.. 21 Cortlandt St.
A.
5
34.000,000
34,857.000
32,000,000
857,230
000 Ac
• -
Whom.
8
<;
1,000,000
Iley
!>}
.
1,000
1,
where Parable, aud
Payalde
B
5
pal, when
(J)
OKITY
4*fl
When
Pel-
J.
5
6 cur. M.
1,000
J.
6
1,000
4 >sg. M.
500. Ac
Valley RR. and Hha ron Ry.
-See each c ompany.
N
>
1
Cent.
7,500.000
170.500
1,500,000
400,000
580,500
1,100,000
3,396.000
8,000.000
\
1
V
$300,000
2,800.000
Kale
Honds— Prmc
NTKRE8T OR UV [DEN] >s.
1
or
Sire,
,vj
do
1899-0.
Net coal companies x$l, 274,830
Other income.
221,247
$236,642
183,466
July
1898-9
$298,479
259,097
1,
1921
1897-98.
$209,785
203,583
$10,264,534 $9,140,354 $8,716,190
$7,541,730 $6,921,623 $6,842,679 $6,465,831
Rentals
1,139,483
1,158,387
1,093,538
1,077,857
P. o. due leased lines
223,409
304,443
233,396
355,086
Int on equip, trusts.
269,599
245,106
213,193
174,777
Int. on mortgages...
194,027
20.947
42,592
20,475
Total net
inc.. ..$12, 191,405
Interest
Total charges.... $9,368,248 $8,601,104 $8,486,555 $8,082,271
Balance, surplus.... $2,823,157 $1,663,430
$653,799
$633,918
Divs. on lstpf...(H2%)$718,336
x Represents the profits of the Pennsylvania Cial Co. for 5!^ months ending
June 30, 1901, and of the other coal properties fur the two > ears from July 1,
189U, to June Ho, tool. The correspondinu item under 18P9 00 embraces the income from the latter properties for lSUS-i1 and so in the earlier years the preceding year's income in each case.
Officers— Chairman of Board, E B. Thomas: President, F. D. Underwood; 1st V.P., G. M. Cumming; 2d V.P. and Secretary, J. A. Mlddleton; Treasurer, J. W. Platten; Auditor, J. T. Wann.
Directors.— Chas. Steele, J. J. Goodwin, Abrani S. Hewitt, John G.
McCullough, D. O. Mills, Alexander E. Orr, F. D. Unrierwood, Samuel
Spencer, Francis Lynde Stetson, Eben B. Thomas, .1. Lowber Welsh.
,
Norman
J. J. Hill
72. p. 1080,
B.
Ream, Robert Bacon, H. MoK. Twombly.— (V.
1187; V. 73, p. 137, 236, 389, 391, 395, 444, 615.)
Owns Evansvllle to Terra
Evansvllle Sc Indianapolis
Haute, lnd. (via Worthington), 134 m.; leases branob, 12 m.
History, Etc.— A consolidation in 1885. Of the consols $904,000
held to meet prior liens. The consols, and the bonds of 1924 are guaranteed by Evans. A Terre Haute, which owns capital stock, $2,000,000.
This company owns no equipment.
Latest Earnings— 1 mo., > 1901
Gross, $30,365; net, $13,083
July 1 to July 31.
Gross, 25,293; net,
7,316
> 1900
Report.- Fiscal year ends June 30. In 1900-01, gross, $305,683!
net, $89,433; interest, taxes, etc., $176,038; bal., deficit for year.
$86,605. In 1899-00, gross, $340,146; net, $122,891 —(V. 63, p. 8T8.)
RR.—
Evansvllle Ac Terre Haute
Road owned and operated. Miles.
RR.—The system inoludes
:
Controlled—op. separately. MUtt.
Evansville to Terre Haute.. 109 Evansville A
Indianapolis
Branches to Mt. Vernon, etc
Evansville to Terre Haute
48
146
Evansville Belt (stock held) .
5| via Worthington, etc
Leased to other co.'s Rock23
Total in earnings
ville extension
162
Organization, Etc.— Formerly Evansville A Crawfordsville RR. Haa
close trafiio contract with Chicago A Eastern Illinois for route to Chloago.
Dividends— )'87-*90 '91 '92 '93 '94 '95 '96 '97 '98 '99 '00 1901
Common stock. \ 5 y'rly 7 71T 7 1ai ..
l»s
2% 3
Preferred stock )
5
1
1
2 4>« 5
IT Also 5 per cent in bonds.
I Also scrip dividend: see stock above.
On preferred 5 p. c. dividend was declared in 1901 2 1* p. c. paid Oct.
16. 1901. and 2Lj p. o. April 16, 1902.— V.f73. p. 615. Semi-annual dtv.
on common, m» p. c. paid May, 1900; Nov. 1, 1>«; 1901, May, l 1*.; the
Nov., 1901, dividend was passed.
Bonds. Guaranties, Etc.— Certain Evansville A Indianapolis bonds
are guaranteed. See that company. General mort. 5s for $3,855,000
are held in trust to retire the prior bonds and car trusts at maturity.
Latest Earns.— l mo., < 1901
Gross, $123,222; net, $51,568
July 1 to July 31.
Gross, 109.476.net, 49,912
1 1900
Annual Report.— Report for 1900-01 was given In V. 73, p. 612.
1899.
1900.
Fear end. June 30—
1901.
$1,259,435
Gross earnings,
$1392,760
$1,393,943
562,356
601.64O
Vet earnings
621,631
49,264
37.24s
Other income
45,917
I
1
.
,
Total net income
Interest on debt
Taxes and miscellaneous
Evansv. A lnd. deficit
Dividends on preferred
do
common
$658,879
$647,557
$337,950
$337,950
70,528
77.253
53,768
86,605
(S%)64,161
<5%>64,167
(li«%;59,794 (3^%) 139,500
$611,620
$337,950
69,271
53,321
(4%)51,333
$99,745
B ilance. surplus
def.$7,034
sur.$21,788
Officers— President, H. C. Barlow, Evansville, lnd.; Chairman of
)irectors, John Hone, 58 New St., N. Y.— (V. 73, p. I 53, 612,615.)
Evansvllle Terre Haute
&.
Chic— See Chic. A
Map New
East.
111.
York Central & Hudson
Fall Brook
Rirer RR.—Ovms from Corning, N. Y.,to Antrim, a., 53 miles; branch
to Ulysses, Pa., 40 miles; Fall Brook branch, 7 miles; total 100 miles.
Lease.—The railroad and its rolling stock was leased to N. Y. Central A Hudson River RR. for 999 years from May 1,(1899, for $175,000
yearly, payable quarterly in gold, beginning Aug. 1, 1899. also taxes
and repairs, the leases of the Syracuse Geneva A Corning Ry. and
Pine Creek RR., formerly held, being canceled and new leases made to
N. Y. Central, which also assumed the guaranty of the $3,500,000 Pine
Creek bonds. The lease does not Include the coal properties o Fall
Railway.— (See
60
INVESTOKS' SUPPLEMENT.
[Vol. LXXIII.
,
(K TOBER
KAILEOAB STOCKS AtfD BONDS.
1901. J
61
confer a great favor by -U nu Immediate notice of any error discovered In these Table*.
Bond*— PrinciINTEREST OR DIVIDENDS.
RAILROADS.
<>ub><T[l»'r< will
I
Miles Date Size, or
Amount Rate perl When Where Payable, and
of
of
Par
by
For explanation of column headings, Ac, see notes
Road. Bonds Value. Outstanding
Cent.
Payable
Whom.
on first page of tables.
£van.iT * T. II-(Con.)-*t. Ver. Br mort., g F.o*
Sullivan (ouutv Coal branch mortgage, gold.Fo*
1st general mortgage for $7,000,000, gold F..c*
Fall Brook— Stock ($500,000 Is 7 per cent. pref.)...
25
12
179
100
Kailway— 1st M. g.ITIe.e*
Findlav Fort Wayne <f
r
2d mortgage. Income, nou-cum., gold. Me
1883
1890
1892
1,000
1,000
81- ; 88,
1,000
100
f\tehbur<j-rT?t. 5 ier Mat reutal.
Bonds.*500.000 vr'ly.1902 to'03 tnol-.bal. 1908.0"
Bonds to State of Mass. 4 p. o. since Feb., 1897..
Bonds (#1,500.000 due 1907, Interest A. & O.)...
o
Bonds, not mortgage,
Bona-*. (Bee text. $54, 000 are 4s), not mortgage.
Bonds, inn mortgage
Bonds, not mortgage
Bonds, not mortgage
Bonds, not mortgage
.
New
im:>:j
Brookline
A
i.obo
1,000
1,000
500.000
1S9-1
1,859,000
4,200.000
L895-«
IS-.17-S
ot mortgage, $2.000,000
Boston 1st uiort. (V. 53, p. 405)
oonils.
Troy A
1NS7
•84-'87
1S!H)
1900
1901
1874
1891
i
35
Pepperell plain bonds, gimr. (end)..
500,000
See text.
573.000
100,000
1,000
i'.obo
Hint J fere JfaryueMe— See Pkre Marquette 8ta r m NT.
Florida OenlraJ 4 Pen.— Skb 8 aboard Air Line Ry.
1,000
244 1895
Floruta South. — 1st M.. $5,000,000, g., guar.AH.c*
26 1881 100 Ac
Fonda Johnstoirn J Glorersr.- Con.M.. *.io0,O00..C
2t;
1897
1,000
gold N.o*
Id oonaoL refunding mort., $700,000,
26 1900
1,000
General refunding mortgage, $1,500,000 N...c"
1,000
4 1893
Johnstown (i. A Kingsboro 1st M., assumed
1892
1,000
ittaEleo. 1st M.,gu.,p.Ai.,byF.J.A G.N..,g.
"4 1898
Amsterdam St.. 1st M.. cfoO.OOO are 5s) Ho., c*
.
Kvansvllle
455
146
40
1881
1888
1,000
1.000
1898 100 Ac.
A Terro Haute RR.— (Concluded.)—
Prior to the lease dividends had been paid quarterly
since 1891 at the rate of 7 per cent per annum on preferred and 6 p.
c. on common; since the lease. 7 per cent on preferred and 2*2 per cent
on common.— (V. 68. p. 379, 573, 773, 8^2.)
(V. 69, p. 905, 955.)
Farnivlllc A Powhatan
Fayetteville
Albemarle Ry.—See Supplement of July, 1901,
and V. 69. p. 743.
RR.—
A
Wayne A Western Railway.— Owns
road
in
•Deration from Junction with the " Big Four " at Findlay, O., to Ft.
Wayne, lnd., 80 miles. Uses Pennsylvania terminals in Ft. Wayne.
Histort.—A reorganization of Findlay Ft. W. A W. Jfif., foreclosed
and extended to Ft. Wayne, 20 m. Stock, $2,000,000; par $100.
Bonus.— First mortgage is $1,200,000, at $15,000 per mile: no interest paid to Jan., 1901. Mercantile Trust Co., N. Y., and Allen Zol
Wayne, lnd., are trustees of both mortgages.
Earnings.— For vear ending June 30, 1901, gross. $106,358; net,
$17,111. I u 1899 0. gross, $116,178; net, $15,897.— iV. 69, p. 1193.)
Fltcbburgr RR.— Svstem extends from Boston Mass. to Troy,
H. V 19U miles; branches to Worcester, Bellows Palls, etc., 268 miles;
4">8 miles in all, of which 56 miles (Fitchburg to Greenfield) leased
from Vermont A Mass. and » m. from other cos.; second track 172 m.
Lease— Leased for 99 years from July 1,1900, to Boston & Maine fur
5 p.c. on pref. and 1 p. c. on common stock, payable quarterly [Jan. 1,
etc.], organization expenses, interest on bonds, taxes, expenses of
maintenance, etc. The B. A M. purchased with its 50-year 3 per
cent gold bonds, $ f< r $, $5,454,700 of Fitchburg common stock held
by the Sta'e of Massachusetts and by private persons, the remainder
of the $7,000,000 common stock being held by the B. A M. under the
lars. Ft.
,
lease as a treasury asset or the Fitchburg.
1291; V. 71. p. 29, 543; V. 11, p. 532.
V. 70, p. 76, 125, 176, 583,
Bo»D8.-The debentures were described in V 60. p. 967. The stockholders voted on Sept. 25, 1901, to issue $2,000,000 bonds to retire
the $500 000 bonds due Oct. 1. 1901, and $500,000 due Apr. 1, 1902,
and for improvements -(V. 73, p 615, 662.)
Annual Report.— Report for 1899-1900 was in V. 71, p. 909.
Juie 30—
Oross.
Net.
Charges. IHv. 01 pref. Bal.,sur.
18P9-1900... $8,071,441 $2,390,569 $1,213,113 (4)$679,688 $497,768
1898-9
7 647,080 2.019,189 1,232,392 14)674,532 112.265
— (V. 71, p 341, 543, 646, 69S, 809, 909, 913; V. 73, p 615. 662 )
Flint Ac Fere .Harquette
Meiged in Pere Marquette RR.
Flor. At Cripple Creek
In 1899 consoi. with Denver A 8. W.
RR.—
RR.—
Florida Central A Peninsular RR.—SeeSeaboard
Air Line
Ry
Florida East Coast Ry.— Operate- from
#
Jacksonville, Fla., via
Bt. Augustine, to Miami, 366 miles; branches to Palatka, 8an Mateo,
etc., 7 miles; Atlantic A Western, Blue Springs to New Smyrna, Fla.,
28 miles; Titusville branch. 48 miles; Jacksonville to Mayport, 25
miles; total. 474 miles.— V 69, p. 591.
System owned by Henry M. Flagler, Pres., 26 Broadway, New York.
Oct. 30. 1898, stock, $1,000,000; $6,500,(00 bonds issued. For vear
1899-00 gross earnings $1,253,865; net, $431,586, agst. $507,269 in
1398-99; charges $275,097.- (V. 61. p. 112, 470, 591.)
Florida Southern
(See Hap Savannah Florida A Western.)
-Owns from Palatka, Fla., to Brooksville, Fla., 145 miles; Bartow to
Punta Gorda, 74 miles; branches. 25; total, 244 miles. The road is
now part of the Plant system and the bonds are guaranteed by
Savannah Florida A Western. For year 1900 01, gross, $427,360;
net, $113,768, against $15,858 in 1899-O0.-(V. 63, p. 153 .)
RR.—
Fonda Johnstown & Gloversvllle
NY, to Northville, 26 miles: leased lines,RR.—Owns from Fonda,
26 miles; total, 52 miles.
Stock $600,000; par, $100. Of the gen ref. 4s, $200,000 were issued
to retire 7s and $200.00 for improvements; $700,000 are reserved
£ r prior bonds, remainder available for improvements, etc. V. 71, p
euarautees $30,000 GloversvUle A Broad Albtn 1st 5s. In
i ,
July.VS°
1900, purchased $219,900 out of $239,800 stock of Amsterdam
Electric* street Ry. (extension from Amsterlam to ScheLectady, 18
mtles proposed), for wh'ob the stock was authorized to be inciea-ed
from $25o.O00 to fl,000,000, and also a $1,250,000 mortgage in Sept.,
~ (V /3 P 31 «93.) Also owns Cayadutta Electric" RR Hee
i?",1
<
>
-
>
73, p 31
Own- entire $101,000 stock of Coal Co. of Fulton Co. and $200,000 of
Cayadutta Elec. Ry. 1st consoi. 5s. (V. 71, p. 1167 ) In 1896 parties
interested in the N. Y. Central entered the directory. Loans and bills
payable June 30, 1901, *3t0,000. For year ending June 30, 1901,
gross, $311,927; net, $96,^81; other income. $58,968; interest
9
C
4
(8 P> ° 0, $48 ' 000; bal - sur., $2,301.- (V.
71 p '84, 182 U66 )
V
•
wF
,
r*
„
^
W a>nae &
1
,.
iSF^Sl
Lake shore
Jackson RR.—Owns Jackson. Mich., to Fort
miles ° n August 24, 1882, leased perpetually to
L ??
A Michigan Southern at a rental of $126,027, equal to 54
-
per cent on the preferred stock (see V. 56, p. 812), and after 1887 any
net earnings over 8 per cent on pref. stock
be paid as dividends on
common, but npt exceeding 2 p. 0. a year. to Common stock, $436,132.
£
rt
rtb
Denver City Ry.—Owns Fort Worth, Tex.,
T*=?
4
b6,
i!„«H%' 1£ orth A Den. .£- 81 °- 0wna $200,000 stock and $200,000
JS; Jiv
58 of F t. Y,
Terminal Ry.
t E%
Due.
— Last
Dividend.
A O. N. i\, Far L. & Tr. Co. Apr. 1, 1923
A O.
do
do
Apr. 1, 1930
A. A O.
do
do
Apr. 1, 1942
Q— F. 5 Office, Corning. N. V. Nov. 5, 1901
'01 Jan. 1, 1945
J. A J. None paid to July,
Sept. 1.
Jan. 1, 1945
Q.-J. Offlee, Bos. A M., Bos. Oct. l.'Ol, 1»4
Various
Boston, Office.
Var.l902to'08
F. A A.
do
do
Feb. 1, 1937
Various
1904-5-7
do
do
J. A D.
do
June 1, 1920
do
g.
IA.
g.
g.
A.
4
4
M. A N.
Seml-an
Seml-an
3>*
A.
A
O.
7
J.
J.
A
&
D.
J.
A
A
A
A
A
A
&
A
ilg
5
4,241,000
4g.
6
200,000
500,000
4^ g.
400,000
4 g.
50,000
6
350.000
6
159.000 4 & 5 g.
2,291,416
5»a
2,555,000 2 In 1899
8.176.000
6 g.
2,923.000 3 to 4 g.
4 g.
160,000
100
100
98
Brook Coal Co.
Flndlay Fort
Stocks
J.
do
do
do
do
do
do
do
do
do
do
do
do
do
do
July
Deo.
1,
1,
1924
1911
City.
Jan.
Apr.
1,
1945
Various, 1903
May
1, 1914
1915 A 1916
1927-1928
Oct. 1, 1920
1
1
fort Wayne tf Jackson— fret, stock, 513 p c. rental
Fort Worth d Dent. City— Ft. stk. "stamp. ctfs."4%
1st mortgage, cold. *1S,000 per mile ITIe
o*
Ft Worth it A'10 Or.— 1st M.. g.. old 5s. int. red.Ceo*
Frankf. * Cinetn.—lm M., $200,000. e s f-.r^-d e*
6
5
5
2.223.000
6,000,000 See text.
1.200,000
g.
800.000
5
5
17,360,000
5
3,000.000
4
5,000,000
4
2,500.000
4
500,000
4-5
Seml-an
1,932,000
50
1894
1894
«".
$375,000
450.000
$1,000
1,000
1,000
pal, When
to
of
A.
J.
J.
J.
A.
A.
J.
New York
O. N.Y.,N.Y.8ec. ATr.Co.
J.
J.
J.
do
do
do
O. N. Y., Farm.
O.
do
do
do
A T. Co.
N. Y., Farm. L. A Tr. Co.
L.
M.
S.
March. N. Y., State Trust Co.
J. A D.
N. Y., Mercantile Tr.
J. A J. N.Y..H.B.Holllns A Co.
J. A J. State N. Bk.. Frankfort
1, 1921
July 1, 1947
July 1, 1950
1913
Oct 1, 1922
Oct. 1. 1920
Sep. 1, '01, 2%
Mar.10,1899,2
Dec. 1, 1921
Julv 1, 1928
or office
1922
Stock, Etc. -Colorado A South. Ry. owns a majority of $6,820,000
common. Pref. stock,"stamped," see V.63, p.1063. Car trusts,$160,000.
Dividends.— On pref. 2 p.c. Mar., '98; Mar., '99, 2 p.c; none since.
Bonds.— Finances readjusted in 1896, the 1st 6s agreeing (1) to
reduce interest to 4 per cent for five years from December 1, 1895;
(2) to take $312 stock for five overdue ooupons and the 2 p. c. deferred
interest. Plan V. 63, p. 75
Abstract of mort age V. 45, p. 440.
Interest at 6 per cent was resumed in June, 1901.— V. 72, p. 938.
Earnings.— 8 mos.,
< 1901
Gross, $1,371,275; net, $359,321
Jan. 1 to Aug .31.
<1900
Gross, 1,035,780; net, 218,579
Annual Report.—Report for 1900 was in V. 72, p. 819, showing:
Tear end. Dec.
Gross earnings
31—
1900.
1899.
1898.
1897.
$1,807,089 $1,610,852 $1,479,435 $1,319,830
Netovertaxes
346,410
340,157
406,522
414,146
Other income
17,i?81
17,083
15,750
14,520
From total net income, as above, in 1900 ($363,493), deduct interest
on bonds, $349,767; rentals, $10,000; bal., $3,726.
President, Frank Trumbull, Denver, Col.— (V. 72, p. 352, 819, 988.)
Fort Worth Ac Rio Grande Ry.— Owns from Fort Worth, Tex.,
to Brownwood, about 146 miles; completed in August, 1891. Stock
outstanding was $3,108,100: par, $100. The stockholders voted June
13, 1901, to increase the stock to $6,250,00o to pay for extension
from Brownwood to San Antonio and the Mexican border. V. 72, p.
1237. No floating debt May 1, 1901. In 1901 a large majority of the
stock was sold at $30 per share to parties interested in the St. Louia
A San Francisco RR and iu July, 1901, road wa* operated by the
latter as its Rio Grande division— V. 72, p. 532, 580; V. 73, p. 137.
Interest adjustment.— In May, 1897, 1st mortgage 5 per cent
bondholders agreed to accept 3 per cent interest from Jan. 1, 1897, to
Jan. 1, 1902, inclusive, and 4 per cent thereafter. Old coupons will
be held alive by trustee for benefit of bondholders.— 8ee V. 64, p. 888.
Earnings.— 8 mos., S 1901
Gross, $i, 371, 275; net, $359,321
Jan. 1 to Aug. 31. 1 1900
Gross, 1,035,780; net, 218,579
For 10 mos. ending Apr. 30, 1901, int., $74,735; taxes, $9,973; betterments. $34,995; bah.sur., $144,390.— (V. 72, p 1237; V.73,p 137)Frankfort A Cincinnati Ry.— Frankfort, Ky v to Paris, 40
miles. In August, 1901, all the securities were acquired by parties
represented by Chas. E. Lewis of New York. V. 73, p. 391. Stock,
$40,» 1 0; par or shares $25. President, Geo. B. Harper, Frankfort, Ky
Fulton County Narrow Gauge Ry.— See Apr., 1900, Supp.
Gainesville A Gulf Ry.— Sampson City to Fort Drane. Fla., 48
miles. Stock authorized, $1,000,000; par $100; issued July, '99, $300,000. Gross earnings for year 1898-99 (27 miles), $27,537. President,
,
M Graham. Office, Gainesville, Fla.— (V. 73, p. 616. 783.)
Gainesville Jefferson 6c So. RR.— See Apr., 1900, Supp.
Galveston Harrlsburg A San Antonio Uy,-fiS« Map South
Pacific.)— Owns Houston, Tex., to east bank of Rio Gr. River, 835 miles;
branches, 73 m.; total, 918 miles.
Organization, Stock, Etc.— Operated by the Southern Pacific Company, which owns $27,038,900 of the $27,084,372 stock (par, $100).
Bonds.— First mortgage has a sinking fund of 1 per cent, but
it is optional with bondholders to
surrender their bonds if drawn.
Western Div. 2ds by special agreement are treated as income bonds.
J.
V. 58, p. 719.
On June 30, 1900, there was due Southern Pacific Co., $534,887 and
the Texas
New Orleans RR., $2,558,348. For status of old claims of
the school fund see V. 64, p. 1137. Appeal has been taken. V.66,p.471.
&
Earnings.— 11 mos.
> 1900-1
Oross, $6,368,279; net, $1,170,577
July 1 to May 31. $ 1899-0
Gross, 5,757,303; net, 1,117,046
Year ending June 30, 1900, gross, $6,216,646 net, incl. other income, $1,21«,7.^2; charges, $1,314,359; bal., def., $97,606. in 189899, gross, $5,669,335; net, $1,541,580.— (V. 66, p. 471.)
;
Galveston Houston
A Henderson RR.
of 1882.—Owns
from Galveston, Texas, to Houston, Texas, 50 miles.
Organization.—The M. K. AT. and International A; Great North,
have used the road lointly since December, 1895, under a contract
providing for payment to mortgage trustee of $100,000 yearly
to meet interest on G. H. A H. bonds and an additional rental of
$24,000 per annum for dividends or other purposes— see V. 61, p.
1064; V. 63, p. 697. M. K. A T. owns 4,999 shares of G. II. A H. stock
—see V. 61. p. 1013. 8tock, $1,000,000 par, $100. For year ending
Deo. 31, 1900, gross, including $124,000 for trackage as above, $332,740; net, $147,416; otherino, $19,116; int., taxes, etc.. $188,454, including $88,45 1 miscellaneous charges, mainly on readjustment of
accounts for previous years; baUnce, deficit, $21,922.— (V. 65, p. 1114.)
Galveston Houston Ac Northern Ry.— Owns from Magers,
suburb of Houston. Texas, to Galveston 53 miles. Successor May 1,
1H99, of Galveston La Porte A Houston Ry., sold under foreclosure.
Capital stock is $500,000; issued $200,000, of which the Southern
Pacitto owns $199,000, together with all the bonds. V. 72, p. 287.
Year ending June 30, 190o, gross earnings were $214,943; deficit
under operating, $56,502.— (V. 70, p. 125, 176; V. 71, p. 1311.)
Galveston Sc Western Ry.— Galveston, Tex., to Nottingham, 13
miles, completed in 1889. Stock, $500,000. On June 28, 1900, the
:
.
INVESTOR SUPPLEMENT.
6*
[Vol. LXXI1I.
subscribers will confer a sreat favor by riving immediate notice of any error discovered In these Tables
Boiuls— PrinclRAILKOA! »S
INTEREST OR DIVIDENDS.
Miles Date Size, or
pal.When Due.
Vl , 1(Um ,
of
0f
explanation of column headings, Ac. see notes
For
When Where Payable, and by Stocks— Last
u
v ;"' OutstandlngL »»te Payable
Road. Bonds \ alue.
Per cent.
first pace of tables.
Whom.
on
Dividend.
1
,
Frtmout Ktkh.
iw—r Sec Chic & Noethw.
it if ii.
Gainesville 4 Out/— 1st molt $150,000, gold. .So*
Galveston Hnrrusb.it ft -t ii/o»iio-l st M .eland gT.O'
nortcage, Harrteb. and Houston to Ban Ante'
West. Div. lstM.,g.,8aaA.toElPaso1636 m.drbr.o'
,
M
$1,000
181)9
"71-'80
1,000
1,000
1.000
1,000
1,000
1880
ism
o*
l^si
1st M.. .tie c*
Galveston Houston rf
Gal vt.- ton Bmtut it North.— 1st M., $800,000. gold
Genesee if Wyoming RH.— 1st M.. g.. $500,000
isss
mortgage
'2d
(see
remarks)
Hend. of 1882
K
Gtoryiti
it
Sorih'n—See
" a.c
Alab.-\>-\ M„ $550,000, g
ttmbama—Oa. Oamliitm
G orgia Fl»r..t
•Jsotvmi Jfntt'd
.f
1900
1899
1.00O
Am L INK Ry
1901
.
AV-lst M.,g., $1,650,000. Int. gu.
Georgia Pae •ric- See South krn Rv.
Banking
—
Stock
Gewywj Railroad if
o*
Bonds, refunding, not mortgage, currency
o*.tr
Bonds, not mortgage, currency
Bonds, not mort., our., $'200,000 are 5s of '97e-AT
Georgia Southern it Flu.— Com. stock, $1,000,000
1st pref., red. aft, June 1. 1905, $684,000, 5 p. o.
2d pref., $1,084,000. 5 percent
[UeRa.c*
1st mortgage, gold, $4,000.000
Gettysburg >f Harrisb.— So. Mt. 1st M. )
guar, liy
Gettysb V A H. 1st M., old issue... > Phila A Rd.
Con. M. *>o5,000,g
) .RK.(oldoo.)
Co.
<£ Sorth'n-\%t M., g.. text..I»Ip
DeckerCn—ltt A 2d M. ($60,000 are 2ds)
100
1897
1880
1882-7
100
100
100
1895
1882
1891
1894
Gila Valley Globe
Goshen
<t
—
1888-9
Goiiverneur dt Oswegatehie 1st M.,g, gu. p.,t 1. Un.c
Or. Rao. Relding if Saginaw— 1st mort., text, gold
Grand Rapids <£ Indiana Ry.—SXoo^., $6,000,000.0'
0"
1st M.. mostly 1. gr.,g., ext. in 1»9»
1st mort., extended, gold, guar, by Pa. RR
o*
2d M.. +5.OO0.0O0, g
o*
Grand Rapids Kalkaska
«* 5.
E.— 1st
M.,
8. f.,
189'J
1899
1,000
1,000
1,000
l.OOO
l.OOO
500, Ac
1,000
1,000
IB.
1,000
1,000
1.000
1.000
stockholders authorized a mortgage for $500,000, of which $300,000
was approved bv the RR. Commission, for reconstruction, extensions
and Improvements.—
<
V. 7
I
,
p. '29; V.
71. p. 29, 492.)
V
Wyoming KR.—
A
Retsof.
Genesee Ac
Y.,t«» Pittsburg
Lehigh
total, 16
Jot., 11 miles; Retsof Jet. to ureigsvllle, 4 m.; branch. 2
m
;
ail Issued: p*r of shares. $100
In 1*9 '-0, 5
dividends were paid; in 1901, 5 p. c, (paid A. -O.) Year endim
S.une 30, 190«i. gross, $*9. 176 net, $64,449; int. und taxes. $26,816;
dividends (5 i er tent), $25,000; bal., sur $l2,63t. Pres. and Treas.,
E. L. Fuller, Scranton, Pa.; Sec, H. D. Fuller, 115 Broadway, N. Y.
Georse's Creek A Cumberland.— See Apr., 1900. Scpp.
Gforsrtowii A W>»teru.-See Apr., 1900, Scpp. (V. 71, p. 913.)
Georgia Ac Alabama Ky.— See Seaboard Air Line Ry.
Georgia Carolina Ac Northern Ry.— See Seaboard t ir Line Ry.
Georgia Florida Ac Alabama Ry.— Arlington to Bainbrldge,
Qa, 40 miles; extension to Tallahassee, Fla., 4 1 miles, is expected to
be completed about Nov. 1, 1901. Further extension projected from
Arlington to Columbus, Ga.. 90 miles, of which 25 miles from Arlington to Cuthi'iM t. Gii., to l»e eoiupleti d bv Aug.. 190'.
Name changed
In 1901 from Georgia Pine Ry. 8tock. $350,000, all outstanding;
Kor year ending June 30, 1H01 (i0 miles, mortitaite issued
f»ar. $100.
aten. gross, $68,470: utt, $28,223; taxes. $l.i38; improve nente,
bal sir., *5,70-*. President, J. P Williams; Sec. and Treas..
$13,573:
Office, Savannah, Ga.- V. 73, p. 32.
J. O. Hatch.
Georgia Midland Ry.—Owns road from Columbus to MoDonough,
Ga. 98 miles. Leased from July 1, 1896, for 99 years to the Southern
Railway To. for $49,500 annual rental (being Interest on the first mort?;age bonds, etc.,) ami $2,500 for Columbus terminal property. Stock
s $1,000,000. owned by Southern Railway Co.— (V. 62, p. 1177; V 63,
Stock, $500.oo0,
m.
o.
A.
ft
A.
5g.
J.
3
,650.000
A.
g.
i
100
1891
1891
1896
1897
J.
&
A
A
A
M.
J.
4,200.000 11 in '01
1,000,000
5
1.000,000
6 .
500,000
5 A6
1,000,000
684,000 5 in 1900
1.084.000 4 In 1900
3.801.000
5 g.
4
100,000
250,000
6
215.000
5
1.511,000
6 g.
246,500
6
300,000
5g.
2*0,000
5 g.
5,791,700 ,2 in 1901
920,000
3>«g.
4»9g
4,4*5,000
3,962,000
4g.
200,000
5 g.
1,000
1,000
1.000
A A
& I).
J,
•200,000
1
&
V.
500 000
l.OOO
1.000
1896
J.
$150,000
4,712,000
1,000,000
13,418,000
6,354,000
2.000.000
800,000
Q.
A
1929
&
Feb.
do
June
N. N.Y..So.Pao.Co.,23 B'rd
May
J.
1,
1951
1,
1946
O
N. Y., Knlok. Trust
Co
July
Apr.
Jan.
Apr.
J.
New York & Savannah.
Morgan* Co.
July
Apr.
O.
N. Y.,
Merc Trust Co.
New
J.
York,
O. N.Y., J. P.
a
A
A
j. N. Y.,Aiu. Ex. Nat. Bk.
J. N.Y. .Am. Ex.Bk.AAug.
J. All Augusta; 6s in N.Y.
A
N. Bait.
&
1910
1905
1931
1931
1913
1930
1929
1,
1,
1,
1,
1.
1,
1,
do
A
M.
J.
J. X. V.. standard Tr. Co.
Bost.
N. Y. .So. Pac. Uo. ,
Augusta; mail'd to N.Y. Oct.15,'01,'2%
Jan. 1, 1922
M.T.& D.Co.AN.Y. May
do
J.
A O.
A O.
Various
M. A N.
A.
A.
Jan.
Jan.
Balt.M.T. AD.Co.A N.Y.
Reading
&R.
6, '01, 21*
May 6, '01.2%
do
Phila.,
1910
1922
1,
1,
July
1,
1945
otlioe.
office.
Oct. 1, 1912
do
Oot. 1, 1926
New York.
Nov. 1, 1824
1928-29
Various N Bk OrCo.Goshen.N.Y.
June 1, 1942
J. A D. N.Y., Gd. Ceut.Stauon.
M. A S. Int'l Trust Co., Boston. Moh. 1. 1924
A A O. Of., Gr. Rapids, Mich Oct.25/01,1%
July 1, 1141
J. A J. N. Y., Winalow, L. A Co
do
July 1, 1941
do
J. A J.
Phila,
do
P.
Philadelphia, Pa.
A O.
Oot. 1, 1986
A O Int'l Trust Co., Boston Oct. 1. 1907
Gila Valley Globe A Northern Ry.— Bowie, Arts., to Globe,
A.
A.
125 miles. Road was opened in 1894 (48 miles) aud completed Feb.,
1899. In Sept. 1899, extension from Globe to Pinto Creek, 10 miles,
was reported to be proposed. Stock, $2,000,000, all outstanding, of
which Southern Paclnc Co. owns $l,100,00o. V.71, p. 1314. Par,
$100. The bonds, limited to $15,000 per mile ($1,511,000 outstanding),
are tniaranteed, prinotpal and interest, by the Southern Pacific Co.
V. 69, p. 27. See form of guaranty in V. 68, p. 232.
Dividend.— First divideud, 4 per cent, Jan. 1, 1901. V. 71, p.1167.
,
.
,
p. jo/.)
Georgia Railroad.— Underthis name are operated the lines
from the Georgia hR.
A Banking Co.— which see.— V.
67, p.
leased
1260.
Georgia Railroad Ac Ranking Company.—Owns from
Augusta, Ga., to Atlanta, Ga., 171 miles; branches to Washington
and Athens, 58 miles; Macon A Augusta RR. (proprietary road), Camak,
Ga.. to Macon, Ga, 74 miles; trackage, 4 miles; total, 307 miles.
Organization.—Owns also one-half the stock of the Western Railway
of Alabama (the Central of Georgia Railway owning the other half),
and a 40 per cent interest in the Atlanta A West Point (which see).
Guarantees (jointly with Central RR. A B. Co. of Georgia) the $1,543,
000 first mortgage 4^ per cents of Western Railway of Alabama.
In April, 1881, the railroad (307 miles) and its interest In the other
railroad companies were leased for 99 years to W. M. Wadley and
associates, for the Central of Georgia and the Louisville A Nashville, at
$600,000 per year, but in April, 1899, the L. A N. was held to have acquired all rights under the lease; the Atlantic Coast Co. in July, 1899,
acquired a hair interest.— V. 68, p. 722; V. 69, p. 385, 591. Securities
deposited under lease, V. 70, p. 125.
Deo. 31, 1892, the banking department was turned over to "Georgia
Railroad Bank," a majority [$198,200] of whose stock is owLed.
.'81.
Dividends—
'82. '83 to '87.
'88.
'89 to Oct., 1901.
Since 1880, P. Ct. I 9»a 10»* 10 yearly 10*
11 p. o. yearly.
Company's Report.— In year ending March 31, 1901, rental, etc.,
was $600,000; Interest $138,000; other expenses. *252; dividends
paid (11 per cent), $462,000; loss on Union Point A White Plains bonds,
$59,000; lotal surplus being reduced $59,252.
Kakmm.v-307 miles, / 1P01
Gross, $267,516; net, $46,256
July 1 to Aug. 31.— 2 mos. $1900..
(iross,
249,954; net, 43..">95
Railroad earns, for year ending June 30, 1901, gross, $1,831,679; net,
i.-Mit).
In 1899 0, gross. $1,658, AW. net. «54l.I12; divs. received,
$90,988; rental to Ga. RR. & B. Co., $fc00,000.— (V. 69, p. 591; V. 70,
125
Georirla Southern Ac Florida Ry.— (See. Map of 8onthem Ry.)—
Owns from Macon, Oa., to Palatka. Fla.. '285 miles.
HiHToRV.— A reorganization of the Ueorgia 8. A F. Railroad, sold in
p.
'2 mos
Gross, $52,143; net, $24,426
J19<1
Gross, 66,808; net, 37,274
Aug. 31.
1 190
Year ending June 30, 1901, in V. 73, p. 616, viz.: Gross, $365,835;
net, $195,024: interest, $75,700; div. (4 p. c ). $80 000; balance,
surplus, $39,324. President. William Garland; Sec. and Treas., A. C.
Laird. Los Angeles. Cal.-(V. 70, p. 325; V. 71, p. 1 164, 1167; V. 73,
EarningsJan.
1
.
to
p. 616.)
RR.—
Owns from Gouverneur to
Ac ©swegatchle
vards, N. Y., 13 miles. Stock, $350,000, all owned by N. Y Cent.
—which guarantees the bonds. See V. 55, p. 810 and V. 56, p. 501.
Gouvernenr
Ed
lirand Canyon RK.— Sec V. 73, p. 185.
«.rand Rapids Reldlng A Saginaw
1
;
RR.—
•
Beld-
Grand Rapids Ac Indiana Ry.— (See Map of Penrsytvania RR.)
— ijwns from Fort Wayne, Ind., to Mackinaw City, 367 miles Manistee
Branch, 19; other branches, 42 miles; total owned. 428 miles; operates
the following roads but has not assumed the old company's leases
thereof: Cincinnati Richmond A Fort Wayne RR., 86 m; Traverse City
RR.. 26 in.; Muskegon Grand Rapids A Indiana RR..37 u.
History.— Successor Aug. 1, 1896. of Grand Rapids A Indiana
Railroad, foreclosed under second mortgage per plan In V. 63, p. 153.
Dividends.— Dividend, 1 p. c, Apr.. 1900 ; in 1901, 2 p. o (A. 4 0.)
Stock.— 8tock, $6,000,000, of which Penn RR. Co. owns $2,644,540.
Bonds.—The first mortgage bonds extended at 4>« per cent are endorsed with the guaranty of the Pennsylvania RR. Co. to purohase the
coupons as they mature, and the bond itself at maturity. They have no
lien on land grant. See guaranty V. 56, p. 649,— V. 69, p. 1193. Of
the 2ds $3,687,000 were owned Jan. 1, 1901. by Penn. RR. Real
estate mortgages, $150,000.
Report.— Report for 1900 was in V. 72, p. 773. In 1900 carried 2,132,342 tons freight, of which 46 p. o. was lumber, etc.. and 11 p.c. ooal.
1897.
1898.
1899.
1900
Tear end'g Dec. 31.
430
434
428
430
Miles operated
$2,661,431 $2,164,284 $2,171,717 $1,978,567
Gross income
525,086
634.847
596,622
585,316
Net over exp's A taxes
Interest charge for i:i00. *397,455; other, $104,386; dividend
(1 p. a), $57,917; balance, surplus, $25,558.— (V. 72, p, 675, 778.
Grand Trunk Ry. of Canada.— Operates
via Mo-itreal, to Chicago,
Miles.
Leaurt— partly
,
Can.,
REPORTED SEPARATELY.
system proper.
Lines owned
from Quebet
also to Portland, Buffalo, Detiolt.eto.;
111.;
..3,c8rf
win d—
Atlantic A 8t. Lawrence, Portland. Me., to Island Pond, Vt...
Buffalo \ Lake Huron
Cmcin. San. & Mackinaw
Other lines
I
I
Majority Stock Owned.
Central Vermontt
Uriinil
i
I
160
102
53
106
i
foreclosure April 2. '95. (Per plan In V. 60, p. 928; see also V. 59, p. 551
Dividends.— On 1st pref. '96, 4 p. c; '97 to May. 1901, 5 p. o. yearly
On 2d pf. in '97,2 p.c; '98, 3p.c.;'99,3 p.c; 1900, 4 p.c; '01.May.2p c.
Bonds.— Abstra
mortgage of 1895 was in V. 61, p. 429. The
mortgage is for $4.<>oo,ooo and covers all of the property and franchises
and provides also that the $684,000 first nrtferreit stock authorized
shall constitute a en uiKin the same second only to the bonds and coupons. The unissued firsts arc reeerred for old claims. lmpro\ c mi-uts,eto
Latest Earnings.- 2 mos., } 1901
Gross, 921ft 101; Dot, $65,549
Gross, 194,049; net, 54,231
July 1 to Aug. 31.
t 1900
AjnrCAL Report.— Fiscal year ends June :10. Report for 1900 1
was in V I'.i, [>. 442, showing gross. $l,203,rtll : net, •300,667 other
inci
rl
on bonds, $190,0'>0; div. on pref. stock,
$99,240. In 1899 0. gross earns. $1,180,111; net, 8310.749.
Pres.. Ramuel Spencer, N. Y.— (V. 71, p. »09; V. 73, p. 391, 442.)
Gettysburg Ac llarrlnbu rg
Carlisle to Gettysburg. Pa., 32
miles; branch to Ron ml Top, Pa.., 3 miles. The Reading Company owns
8540.700 of the $000,000 capital stock, $535,000 of which deposited
- it» general mortgage of 1896.
as pa
RR.— Freeport to
lng.viich.,28 mile. Mortgageis for $260,000 on 28 miles and$9,000 per
mile for additional construction. Leased from Jan. I, 1900. to Pere
Marquette RR.for30yeats, rental covering interest.— (V. 70, p. 39.)
Trunk Western
EiUirt stock owned.
Detroit Grand Haven
Michigan Air Line
I
ToUl road
Miles,
*70
335
1
&
Mill
18»
106
4.«»
ISee separate statement this Co.
Organization.— A consolidation. In Aug., 1882, of the Grand Trunk
and Gt. Western railways. Owns $2,185,100 of the $3,000,000 stock
and $1,583,300 of the bonds of the Central Vt. Ry.— V. 68. p. 427,
1076. As to trallio agreement with latter see V. 68, p. 1076.
Stock, Etc.— The authorized capital on Deo. 31,1900, was £41,656.364 stock (£40.813,834 issued and £842,530 unissued), advanoes
from the Canadian Government in aid of construction amount to
Perpetual consolidated 4 per cent debei tur« stock;
£3.111.500.
authorized by Act of 1882 and later Acts, has been issued from
time to time to acquire securities of companies consolidated and controlled, amounting Lee. 31. 1900, to £7,290,762, and bearing an annual Interest of (396,812. V. 71, p. 84.
Dividends since 189 i: Guar., 4% stock— 1894-97, nil; Oct., '98. 2%;
•99,4%; 1900, 4%; 1801, May, 2%. On Isl pref.: In 99, 4%; in 1900,
April, 4%: Oct., 1*4%; 1901, May, 3>u%. On 2d pref., Apr., 1900. 8*4
p. c.the let div. since April, 188*; 1901, May. 3p o.
Gross, $15,295,725; net, $5,o;o,385
Earningb-8 mos., ;1901
bross, 14,183,175; net, 4,65t,027
Jan. 1 to Aug. 31.
S1°00
For 6 months ending Juno 30, 1901, net, £743,183: net charges,
£526,461; advances, £24,4::i; div. (2 p. c.) on guar, stocir, £104,:i» >;
div. (2 p. c.i on 1st pref stock, £85 420; adding £2,545 bal. on ';and
Dee. 31, 1900, leaves t,»l mir., £7,018.
Total In earnings
3.56P
I
A
October.
railroad stocks and bonds.
1901.]
RAILROADS.
Miles
For explanation of column headings
on tint page of tables.
Grand Trunk Ry.—Oonso).
Four par MBt guar,
stock,
Stock. fi23,
-
1873-4
8,513
Links C< issoi u> u ten with
in perpetual debenture stoi
i]
u rand
936 if
i.
rthern By. let
reference A
M
Bterllng 5s,
A B
stock. 4
•
indTr.Geo Baj
£850,000
bonds. ...
c. perpetual, fi425>
p.
o>
I
fltn
£
1
Mum
to
A
F.
J.
A
A
96.200
563.000
1
1st M.iir.
slon 1st M., gold
ii
AQ.c'Ltr.M.g.(su.U>oall if Ja.'06atl05)«cAr
Minn. Un.RK.lst M.,g.,gu.($650,000are 5s).Ce c*
•
A.I.
I
May, 1884
Irredeemable
Irredeemable
July 1, 1919
I
A
K.
K.
A
A
\
A
X.
A-
J,
.1.
S
B
A
J.
A
A
A
.i.
M
.".
Varies.
6
4
g.
.1
J.
J.
4 g.
B g. J
See text
<-45i.<;oo
is: to £100 Ac b£3,000,000
1901 $1000
215,153,000
1882 $1,000 $2,800,000 5
'
8
A.
4g4
'
O.
A J.
A J.
A D.
A J.
•
g.
A6g.
F.
A
M. A N.
g.
6 g. .1.
4»flg. .1.
4 g. J.
t!
J.
A
- J.
a
6g.
,r.
J.
A
J.
A
July
A.
J.
i
Irredeemable
I, 1902
Glyu, Mills, Ourrie
J,
O.
6
T.SCO.OOO
5,625,000
13.344.000
20,756,000
a7,907,000
1.000
1878
1SK0
1883
1883
1SH7
None ever pd.
Mavi.voi
May 1 5/01*8 >f
May 15, "00, 3
office.
do
do
vJ-J.
l.i:;7.000
1.500 000
Bee text.
L23, 7 16.750
100
1,000
,000
1
1,000
1,000
1 ,000
1901
Chech from Co. 'a
A,
\
$100
Text.
be $125.000,000
Dividend.
J.
1
i
Man. -Stock. ori;:.
a-
A M 2d (now
.1
1
2,723,080
611,1001
15,900
147,990
.500
158,600
1,072,100
101.100
a oo
900 $5ooa-c.
IflOO
r.)
May '01
1,300
1
>.VC.
:5;n>
-
.
o.
A O.
.1
11
tu>
330
-
10,000 3
£ 100
1874
n'>8>4
A
l:
7.168,055
1,270,376
12,515,678
B 100 Ac
if JO. 000.000.
does not cov. 1'
624
Ce.oV 1,221
lands) goId.Ce| 2,655
o OOOs ,I10W l s tM. on
2,655
Montana K\t«
lstM $25,000p. ui.Lg.Ce.eir 420
Pacific Extension M i 6.000.000, gold Ce..e**r
819
M
£
fi.F
guar.,
..219.794 4 In
100
69
whom.
Dne.
Mocks— Last.
iti
\'ar
L878
455
.
Xortkem—Stock,
mi]
run k
1
$l.">oo,0('o, red. (text). ...Col.
- 1.000.000
1st tuort
a
lut
I
)87l
1869
Where Payable, and by
3,420,000 5>« In '00 A
£10.
o»*r
M.,*eclional,fi525.0i0.o>
-
4it
J
When
Payable
pal, When
22,475.985
1877
1868
'.Hi',
&L.E. mm., £310,200
A
ST
1
fi
1884
Mldlaud of Canada 1st
1st M.. £3,164,700
*ol
Chnmpluln June. 1st M., £172.000..
'.mi tir.\ A Bruoe 1st M., £
.. c
'/i — Northwest (Jr. Tr., 1st inort.
.
Outstanding Bate per
Cent.
1
non-oum
—
Or-
Ainoinit
£
£ 100
fi 100
£ LOO
a loo
£ 100
J! 100
X 100
B89
1
Hondt— Princi-
INTEREST OR DIVIDENDS.
or
,
Par
Of
Bead. Bonds Vab;
oo
reference 5 per oent stock,
2d preference stock, fi2.S30.000
3d preference 4 per oent stock, fi7,l pnture Stock, fi4, 270,575
debenture stock (ool. trust), euin
[iilpment M. (subject t<> 1st M In b
•
Hate
of
\
6»
Co.,
Loudon.
1
1
i
c<
1
1
-c
m al
>
e
1
Irredeemable
A u«. 1. 1903
May 1, 1908
Jan. 1, 1912
Jan 1. 1902
Not fixed.
Jan 1, 1910
July 1, 1950
July 1, 1950
Jan. ), 1931
Nov. 1, '01,1%
Nov. 1,'01,1»«
Oot. 1, 1909
Nov. 1, 1910
July 1, 1933
July 1, 1933
June 1, 1937
July 1, 1940
July 1, 1921
July 1, 1922
July ,'90, cp.pd.Jan.,'01
N. Y., Merch. Nat. Bk.
London or New York.
New York.
New York.
N. Y. Office, 27 Pino St.
do
do
New York and London.
New York, 27 Pine St.
do
do
do
do
do
do
N.Y.ALon., Baring Bros
New York, etc.
New York, 27 Pine St.
pledged for Pac. Extension bonds of 1890. e Great Nor. has acquired all except $454,600 of $20,000,000 stock of
a Subject to call after April, 1928. tf Coupon bonds J. A J rep., Q.-J.
b £3.000 »00 additional held by Great Nor.
>oo additional
A Men.
Mtnu
ReroRT.—Statement
;
for
I
:>iH)
rear* muting Dei
Gros- earnings
Transportation expenses
was
in V.
J71.
1900.
1898.
'£4,012,314
2,671,883
£1,340.431
1899.
£4,558,910
;<.075.060
rnlnge
£4,407,016
2,892,994
£1,514,022
£1,724,367
146,349
1,043,542
4%) 208,792
i5o
170.842
(3»4%) 82,225
£1.48
£1,690,700
R*lUJs
146,349
Interest on b'ds aud deb. stk. 1,054,514
Dividend on guar, stock. .(4° »208. 792
Do on 1st pref. stock.. ..(5%) 170,842
Do en 2d pref. stock .'.*... (3%>75,'852
Balance
sr.fi34.351
sr.fi72.617
After deducting £171.602 for tolls, traffic advances,
Pres: lent, sir C. Rivers Wilson, Loudon.— (V. 72. p. 81 1
Total net income
.
£t,548,»32
146,349
1,038,153
(4%) 208,792
(3%) 102,504
1
)
sr.i53.134
etc.
;
V.73,
p.
391.)
Grand Trunk Western Ry.— Owns
from PortHuron, Mien., to
Cblc. A West. Ind. RR., 330 miles, and trackage Chicago A West. Indiana. 5 miles; total. 335 miles. Stock, $6,000,000, all owned by Grand
Trunk.
A reorganization per plan (V. 69. p. 954; V. 71, p. 28) of the
Chicago A Grand Trunk Ry., foreclosed Oot. 31, 1900
Bonds.—The Grand Trunk absolutely and unconditionally guarantees the interest on the new 4s, receiving in consideration the
$6,000,000 new stock. Of the new 1st 4s, $4,500,000 were issued
for double-tracking and other capital purposes and $563,000 reserved
for Northw. Grand Trunk ts.
The new incomes are subject to call
and any Interest then due. within the first ten vears.
For 6 mos. ending June 30, 1901, gross. $2,125,667; "net, $244,678
"1,952; inl.def, $30 274, paid by Grand Trunk under
ch;>
;
-
agreement.
For year en.iln:.' Dec. 31, 1900, gross earnings were $4,298,751; net,
$744,735. In 1899, gross. $3,900,011; net, $612,047. - (V. 72, p. 1034.)
Great Northern lt>.— /See TlapnJ—Operates a low-grade trunk
line extending from St. Paul, Minn., across the great wheat belt of the
Red River YaQey and across the State of Montana, tapping its silver
and oopper mining district, to the Pacific Coast at Seattle, Wash., Portland. Ore.. Westminster, British Columbia, etc. From Duluth, the head
Of navigation on the Creat Lakes, the steamers of the Northern Steam,
(whose $ 1,500,000 stock is owned) run east to Buffalo, N. Y.
•hip
•ies leased and operated
Duluth Watertown & Pacific—
8t Paul Minn. A Man. Rv.,
Watertown to Huron, Dak.
70
St. Paul to Lowell. Wash.
Stock owned -oper. separately —
1 ,790
Branehee in Minnesota, the
{Concluded)
Dakotas and Montana
2,024 Eastern Rv. of Minn.—
Trackage to Spokane, etc
10
Hinckley to Duluth
72
ra R\ of Minnesota—
Hinckley to Fridley
65
-ton to Cass Lake
60
New Dul. to Cass Lake.. 140
Park Rap. A Leech Lake Ry.—
Missis., Minn., to Hibbing
49
Park Rapids to Cass Lake
49
Other lines
26
Ov' "i, unbonded —
Minneapolis Un. Ry., etc...
18
traffic
—
>.
.
—
.
.
—
Seattle A Montana RR
Seattle to Westminster.
Montana CentralGreat Falls to Butte, etc...
Spokane Falls & Northern.
operated directly ..4,076
Block owned oper. sepa atily—
Willmar & Sioux Fallsmar to Yankton, 8. D.. 205
Carret«on, S. D., to Sioux
al
—
..
262
207
Total road J ulv, 1900. ...5,418
2d and 3d track and sidings. 999
East Minn. Rv.—
Brook Pk. to Coon Creek Jc.
57
•y.Ia .andO'Neill.Neli. 228
In 1901 (ireat Falls A Canada Rv., Great Falls to Sweet Gra*R,
Moui., 134 mile
mile-, v. as purchased.- V.73. p 6t2. See V. 72, p. 1187.
^cade Tunnel was opened for traffic on Dec. 21, 1900.— V. 71, p.
'.
Montana A Great Northern Rv.. see V. 72. p. 1187. Wash. &.
Northern. Seattle A Northern Ry., re., see V. 73, p. 184.
k. Leases, ETC.-Thls corporation in February, 1890, leased the
Paul Minneapolis A Manitoba for 999 years, assuming its funded
guaranteeing 6 p.c. per annum in gold on its $20,000,000 stock.
In 1898 $15,000,000 new Great Nor. preferred, was eold at par to
shareholders to retire $15,000,000 col. tr. 4s of 1892, called for rem
2? f^!i 5 ept l 1S98 anrt $10,000,000 was exchanged for "the
* 12 500.0C0 stock of the Seattle A Montana RR. See "Dividends
.« n ixS^t?5e^, 18y8 tl,e stockholders surrendered the right to issue
f .0.000,000 common stock in addition to the $50,000,000 preferred
then outstanding, and made all the stock "of a single class, with unland P riv ileges." Also authorized the purchase of the $20.SLg ts guaranteed
?2I OOOof
6 per cent stock of the St. Paul Minneapolis A
a, on the basis of $125 Great Northern stock for each $100
•••ba stock, thus increasing the Great Northern stock to
$75,000.000 In Apr.. 1901, $24,427 875 o' the increased stock had been
issued, leaving not over $i57,7o0 of the Manitoba stock unexchanged.-^. 1 8. p. 129; V. 67. p. 1356; V. 67. p. 370, 788. 842.)
In April, 1899, sold $15,000,000 preferred to acquire all the
bonds, debentures anrt stock of the Spokane Falls & Nor. Ry., Nelson
i e
iiTa Ry
Col uinbia & Red Mtn. Rr. and Red Mtn. Ry., and
'\S k SJ'
$7. 00,000 new stock of EaetRy. of Minn. V. 68, p. 772, 822. 1181.
In Jan 1900, $9,000,000 additional stock was sold at par to
inoldera to acquire $3,500,000 further stock of the East Rv. of
Minn, and $o,500.0o0 stock of the Willmar A Sioux Falls By issued
fOTpurcbase of Sionx City & Northern and Sioux City & Western.
\. -1, p. 6oo.
In 1900 $1,000,0 o stock was offered
Employes*
venmentCcof which $285,000 had been subscribedtoand paid forInin
July, 1901.— V. 71, p. 654.
.
'
^
-
-
-
>
m
•
,
In 1901 stockholders subscribed at par to $25,000,000 now stock,
25,000,000 ($20 per share to be credited on
account for advances to St. Paul Minn. & Manitoba Ry.), the proceeds
to acquire 500 miles of additional road and control of Great Northern
Steamship Co. V. 72, p. 580; V. 73, p. 184.
raisim,' total issue to $1
Lands.— Land sales In April, 1897, had retired all the 1st mort. bonds
and were then applicable to consol mort. of 1883.
Sales for year ending June 30,1900, were 92,217 acres for $847,208 and 1,484 town lots for $28,208. The net amount due on land contracts June 30, 1900, was $1,990,922; lands unsold, 1,156,606 acres,
to be reduced about 600,000 acres by a final adjustment by IT. S.
Minneapolis & St. Cloud grant was 476,864 acres; unsold July 1,
1900, 381,920 acres; sales in 1899 00 were 21,206 acres, for $187,596.
)'90 '91 '92 to '96 (inclusive), '97 '98 '99 '00
Dividends,
'01
Great No. pfd.?6 S 1 4%
5*2 6Vj 7 7 Below.
5 p. o. yearly.
Also in 1898 50 p. c. in 8eattle A Montana stock, which was then
exchanged for 40 p. c. in Great Northern pref. V. 66, p. 1044, 1188.
In 1901 l$j p. c. each quarterly (Q -F.) was paid; also in May k p.
c. extra from surplus earnings of Lake Superior Co.; another "* p. c.
extra, it was thought, to be distributed in Nov., 1901.— V. 72, p. 872.
Bonds.— St. P Min. A Man. consol. mort. of 1883 is for $50,000,000, of
which bonds are reserved to pay prior liens. It is a first lien on
the land grant and on 670 miles of railway in Minnesota and a
second Hen on the remaining 1,873 miles in Minnesota and the Dakotas, the prior hens on which average only $7,300 per mile. V. 64,
p. 518. Montana Extension mortgage is for $25,000,000 for extensions
and for second track. Abstraei V. 45, p. 342.
Pacific extension mort.*6,000,000 provides for bonds at fi6,000 per
mile in Montana and fi7,000 per mile west of Montana; fi3,000,000
of this issue, in addition to those given in the table above, were released
upon payment of collateral trust bonds Sept. 1, 1898. V. 66, p. 104-1,
1188. See abstract of mortgage, V. 52, p. 82.
Eastern Railway of Minnesota runs from Hinckley northward 70
miles, to a point near Duluth; the first mortgage covers road, equipment,
terminals and elevators. The Northern Div. $15,000,000 mortgage
of 1898 provides for extension building from Fosston, Minn.,
to the head of lake navigation at Duluth, and also for future requirements, including the retirement of the $4,700,000 1st 5s at maturity.
They are redeemable at 105 on three months' notice after Apr. 1, 1928.
—V. 66, p. 471. Jfoji(a>i« Central bonds cover several roads. (See adv.
Chron. Dec. 12, 1891.) The Manitoba guarantees these issues, and
the Great Northern assumes the guaranty.
The Willmar <& Sionx Falls bonds are endorsed with joint and several
guaranty of the Manitoba and Great Northern companies. Further
issues may be made at $17,500 p. m. for additional road. V. 56, p. 247.
Minneapolis Western first mortgage is for $1,000,000. V. 60, p. 835.
General Finances.—The preferred stock was increased in 1898-01
from $25,000,000 to $125,000,000- see above and V.66, p. 1188; V. 67,
p. 370, 788, 842. 1003. 1356.
V. 71, p. 654. In 1899-00 received
$1,600,000 (10 p. c); in 1898 9, $2,250,000 (10 p. a), in 1897-8.
$o00,000 (12 per oent), in dividends on Eastern Ry. of Minn, stock;
in 1899-00 on Montana Central stock. $400,000 (8 p c ). Total funded
debt per mile of main track (4.746 miles) in the hands of the publlo,
$20,348. V. 71, p 661. Train load 1899-00 356 tons.
In 1901 the Great Northern and Northern Pacific acquired $107,577,200 of the Chicago Burlington <fe Quincy RR. $111,200,000 stock
In exchange for their joint 20-year 4 per cent gold bonds, secured
by the deposit of ihe stock in trust, on basis of $2oO in bonds for
each $100 stock. See circular, V. 72, p. 871, 1034, 1135, and application to list, V. 73, p. 294.
Earnings.— Great North' n system (incl. St. P. M. A M., East, of Minn,
and Montana Central) July 1 to Aug. 31, 1901, 2 mos., $5,796,856,
against $4,677,402 in 1900.
annual Report.— Fiscal year ends June 30. Annual meeting is held
at St. Paul on the second Thursday in September.
Report for
1900-1 was given In V. 73, p. 780, the figures for 1900-1, being as
telegraphed in press dispatches, comparing with previous years, it is
utider.stood, as shown below. Gross earnings for the w\ole system in
1900 were snven in the dispatches as $30,564,386. Report for 1899-00
was published at length in V. 71, p. 643, 654. See also p. 627.
(1)
OREAT NORTHKRN RAILWAY— REVENUE ACCOUNT.
1900-1.
jR
Gross earnings
1839-0.
.
1898-9.
$
1897
8.
$
?0,881,O5l 21,953,412 19,057,814 17,639,770
Oper.exp and taxes. ...12.854, 1-0 12,422,636 10,155,-89 8,902,604
Net earnings
Other i. come
Total net Income
Net oharges
Balance
.
.
8.026.H71
4,217,219
9,530,776
4,605,^114
8,902,225
2,673,825
8,737,166
2,481.466
12,274,090 14,136,090 ll,576,0.e 11,218,632
3,«87,655 3,709,543 4,137,824 5,3*6.863
8,586,435 10 42<3,542
1.8J0.0O*
7,438,226
5.821,769
Imp'ts and tunnel
1,80,005
2 250,000
Balance
Dividends
8,586,435
6,897,369
8,626,542
6,408,777
5.638,226
3,851,034
3,571,769
1,500,000
1,689,066
2,217,765
1,787,192
2,071,769
,
S'irplus
64
INVESTORS' SUPPLEMENT.
[Vol. LXX1II.
OOTOBUt,
1901.|
RAILROAD STOCKS AND BONDS.
63
.
.
.
SUPPLEMENT.
INVESTORS'
(16
[Vol. LXXILI
Subscribers will confer a great favor by zlvtnsr Immediate notice of any error (Uncovered In these Tables.
Bonds— Princi_.
RAM ROAD8.
INTERKST FOR DIVIDENDS.
....
_
Miles Date Size, or
Amount
pal, When Due.
explanation of column headings, Ac. see note*
of
of
Par
Outstanding Kate Per When Where Payable, and by Stocks— Last
Koad. Bonds Value.
on first page of tables.
Cent.
Payable
Dividend.
Whom.
.
F
-
—
if Xorthern — f Concluded)
£astof Minn. 1st M. ($50,000 p. m.i, g..gn.Ce.o*&i
>iv mort
00.000. gold. guar.TO>.o*Ar
Mont Cen 1st V
00,000 are 6s) gn.Ci
WlUmar asi'v; fin
Minneapolis
\\
-
Puluth
0reat \o r. Hu
1st M..g..gii.p.Al.(cnd>Oe.c\fcr
estern 1st mort.. cold, guar
o"
<
<-t car trusts, assumed.
r— 1st M., g.,8. f .text.Ce
I
Quebec Terminal M $300,000 authorised
Equipment "Hinds, ilue semi-annually
Buy
Western RJ?.— StOOk.
<f
1S3S 1.0004c
$4,700,000
1.000 Arc
d 5,000,000
1887 l.OOO&c
1888
1,000
0,300,000
3,0 16,000
500,000
176,242
1.000
1900
1900
177
....
.
9rttn
7-2
299
250
205
i'.obo
100
See" text
Debentures, Class a. incomes, text, non-com.. 0*
Class B. Incomes, after stock, non-eum
c"
tretne KB. .v. V )— stock
First
1896
1896
mortgage
1872
1893
1893
1900
8
K.C. 1 stM., $10,000 p in.. g ABc
$10,000 pernule($176,00<> are 6s)AB.O
Beaumont*
75
75
ill B. * lit
No, gold p. 4 i. gu..end AB toxt.e Text
1st mort. .$1,340. 0(0 I'St.e*
110
6 .'.fB: fTatl
* Ship Island- 170
150,000, gold !•,«
General morl
Cole* 180
93,500,000, gold
0*it
-.iort..
W
1,000
1,000
1,000
100
500
500
500
1.000
/
BriM'tui d s
&
Bnrlington
Lane—
Qiilnc
Berr-.to. Partem' th Ml. Joy *
Stock, 7 p. O.gU.
1st iiior^. (ext'd in i<<3"t, guar. p. Ai. Pa. KR.(.p r
Hnrt/frd * Con necticul Western— Stock
let" mortgfttre
Btnde-S'-': B'dgt Co.
— 1st
M..
g.,
il'un at 10"
c
<
1897
1000
53
53
109
109
....
1883
1881
.—
'
Valley 1st ii'oT., gold, .e*
Co! a Toledo 1st M (Columbus to Walbridge). c"
Ohio A West. Va. l't M (Logan to Pomerov)c*..
OPKRATMNs OF WHOLE
8TSTESI
June 30,'00
GM By 821.953,412
Eastern Kv o; Minn
3,709,077
Montana ivntral Kv
2.015,618
Will.
I>nl
A Sioux Falls Rv
Water. A Pac Ry
1,156,614
70.068
IIS
85
g.
o'
&
J.
,
To FeD.1,1906
Jan. 1, 1950
1950.
To 1905
Feb.
Feb.
1, '01, 3
1, *01, 3
June,1901,3%
Deo. 1, 1902
Aug. 1, 1913
1,
1,
1,
1,
1,
1913
1930
1929
1926
1926
J. Phila. , Company's Of Hoc J uly ,'01,
do
July 1,
do
J.
3**%
1913
5*
1,182,550
700.000
2,709,800
700,000
100
100
100
1900-01).
Tot.nct inc.
Oth. inc.
Net.
5
J.
J.
J.
,
&c
1867 500 Ac.
1875
1,0(0
1880
1.000
76
VEAR 1S99-00 (NOT
C'irt
-
g.
«.
& O. N.Y.27Pine; Bos.,Lee,H Apr. 1, 1905
1928-1948.
& O.
do
do
& J, New York, 27 Pine St. July 1, 1937
June 1, 1938
& D
do
do
& J N.Y.&Lon., BarlngBros July 1, 1911
A.
A.
J 1st coupon July 1, 1901
Montreal, Can.
6
J. & J. N.Y Central Trust Co
2.500,000 SFeb.'Ol
Feb.
N. Y. of., 40 Wall.
100,000 3 Feb.'Ol
do
Feb.
do
7,000,000
do
do
200,000
6
& D D.L.&W.off.26Exoh. PI.
200.000
7
& D
do
do
7 10,500
& A N. Y 59 Cedar St.
6 g.
750,000
& A
do
do
&6g.
65,000
& J
do
do
Nne Ap..*00
6 g.
& J
1,050.000
5 g. J. & J Manhattan Tr. Co. .N.Y.
3,500,000
5 g. J. & J N. Y., Colonial Trust.
1,000
1,100
0.
_•
6
5
02,(
100
1853 500
4*4
Mixkinff Valley Hi/.- Stock com. $1 1,000,0
§15.000,0004 i c. non-cnm
&
00
00.000
233,000
4,i
50
....
....
BOerxia Mine RB.—Stock
1,000
5
g.
4 g.
Aug.
July
Jan.
July
July
\
'
"
i
i'.obo
5
$9,530,770 $1,731,194 $11,261,970
1,946/207
2,314.848
368,641
024,752
27,920
952,671
004,711
3.245
607,957
150
36,117
35,967
Tot. Rv svs. proper$28 ,91 0.789 $13,042,413 $2 ,131,150 $15,173,563
4 03.922
Spok Falls a or 8
564,010
70,088
862,991
Umneapoli- Union....
178,878
268,096
232,590
89,218
Minneapolis Western
1,105
22,730
22,692
38
Dnlntli T- nninal
37,441
13,500
13,500
Korthern Steamship
001,137
272,116
272,116
•
1
Tot. for the system $31,090,054 $14,023,521 $2,290,494 $16,314,015
Frou. this last result ($10,314,018) were payable the total interest
thaxL-f- ol all the companies, and the guaranteed dividends on St. Paul
Minneapolis A Manitoba Btock, atotal if $5,038,348, leaving a balance
i .275.070. from which have been paid dividends of $6,408,778 on
the stock of the Great Northern Ry. Co., and $1,800,000 set aside for
-
&
J.
J.
&
F&A.31
& J.
& 8.
& O
J.
1,597.000
g.
M.
200.000
A.
0,421 ,«25
14,0^0.000 4 in 1901 J.
1,401,000
4 g. A.
2,500,000
F.
7
1.5 « 4, 000
M.
7
1
&
&
&
&
Aug.31, 1901.1
July 1, 1903
do
Sept. 1, 1931
N. Y., 120 Btoadway.
Oct. 10/01,3%
See Central of N. J.
N.Y., J.P. Morgan & Co July 20/01 ,H«
do
do
July 20/01,2%
do
Oct. 1, 1948
do
Aug. 1, 1905
do
do
Hartford.
do
do
May
1,
1910
par $100; in July, 1900, the Atch. Top. & S. Fe acquired a majority.
71. p. 236. On- trusts June 30, 1901. $113,687. Year end. June
30, 1901, gross, $280,049; net, $53,817; int. on bonds, $82,30:; miscellaneous Interest, $5,337..— iV 71, p. 230.)
Gulf
Brazos V »1 ley Rll.- Projected to extend from the Red
River, Tex., via Henrietta, Lampasas, etc, to H'tustou, and from
Lampasas via Sau Antonio and Eagle Pass into Moxloo. In July,
1901, operated from Peck City .to Mineral Wells, Mex.. 10 miles, and
20 miles additional partly constructed. Stook auth. $1,000 per mile.
Mortgage to cover 1 10 miles. Pres. E. B. Carver, Henrietta, Tex.
-V.
&
Gulf A: Inter-Slate Railway of Texas.— Port Bolivar, on
Galveston Bay, to Beaumont, Texas, 70 miles, was owned, of which 27
miles from Port Bolivar to High Island was washe 1 away by flood in
Sept., 1900. but in Oct., 1901, it was reported, was about to be rebuilt.
Improvement * Loan Co., Galveston, is trustee under first mortgage,
which secures $829,000 5b of 1895 in default. Capital stock, $71,000.
Year ending June 30, 1900, gross. $152,342; net, $7,200.— V.
70, p. 1249; V. 71, p. 182. 698. In Sept.. 1900. receiver was appointed;
Jos. P. O'Donneil is now receiver.— V. 72, p. 1237.— iV. 72, p. 1237.)
:
renewal funds; balance. 93,066,892.
OrrirERS.— President. J >niei J. Hill, St. Paul; Vice-President, W.
Pa !: Treasurer, E. S.iwver, St. Paul; Secretary, E.
P.
T.
SL.NewYi
Dlre~tnr«.-.l J Hill, W. P. Clnnsb. P. Hill, K. Sawyer, M. T>. Q rover, K. T
Far
Pau'; J H. Scliiff. H. \V. Cannon. NewYor.; .1. N. HIP, St. Paul
-<V. 73.
p.
18). 2>7.
294, 002, 780,
Northern Ry.
(.real
ol
783.)
Canada.— (See Map.)— Operates main
line of Quebec A Lake 8t. John's Ry.,
between Riv-a-Pierre. on
and Hawkesbury. on the Canada-Atlantic Ry.. 172 miles, with both
of which roads it ha« twenty-year contracts for interchange of traffic
od a mileage has'?: also a branch to Sli iwinigan, 4k miles; all completed Dec 31.19C0. A branch from Joliette to Montreal, 36 miles,
nder the charter of the Chateanguay & Northern Ry., will be leased
•when completed.
Has 5-year contract vitb Leyland line, expiring
Y 05. in connection with which and Canada Atlantic Ry. it forms a
uch line frou. hicago and Duluth to Liverpool and London, Eng
lai d, 800 miles short* r than via BufTalo.
Owns its own elevator at
car and repair shops at Quebec and other places. V. 71, p
First fiscal year ends Dec. 1, 1901.
k and Bomj« —Stock authorized, common, $4,550,000; debensto-k, $3.00»',r00; preferred stock, $450,000
Issued Apr. I,
Of the $6,000,000 first mortgage 5s,
I ' 000,000 common stock.
•er
able at i20.000 per mile of completed road, $3,502,000
are o-tt-tandlne. and also $500,000, series B. issued on account of
i'e across the Ottawa River at Hawkesbury.
The stockholders
16, 1900 autfcorized $300,000 fifty-year 5 per cent mortbonds on the terminal property In Quebec. V. 71, p. 698. The
voted on July 17, 1801, to issue equipment bonds; also to
authorize extensions from f.rand Mere or Oarneau Jet. t
a point on
the Lake St. John Ry., 1n Portnenf orQuebec County. and from Hawkes»or
th Indian, and bonds on these extensions at $20, 0''0 per
n lie- V. 73, p. 32. Earnings from Apr 1 to Oct 1. 1901, first 6
n ..nut
of operations, gross, $216,688; net, $91,0^9.
Pres'dent, Pierre Oarneau, Quebec; 1st Vtee-Prest John Sharpies,
Quebec: 2d V ice-Pres.,JamesMcNaught,New York; 3d Vice-Pres..H. H.
Melville. Boston: Gen. Mgr J. G. Scott, Quebec; Sec, Louis G. Sr tt.
Qnebee, Treas., Ernest E Ling, Quebec— IV. 72, p. 988; V 73 p. 32.)
i.r>> 11 Hay A *» —lern K>.— Road owned from Green Bay, Wis.
to Marsluand.Wir-.. 200 milee; branches, 13 in.; trackage to Winona, 4 m
Hjst<irv —a reor.
n June 5, 1896 (per plan in V. 61. p. 471),
line
<
•
1
-
.
,
,
<
Bay Winona
Paul, sold in foreclosure Ma v 12, 1896.
BKcrRiTfKS.— There are no fixed charges on the protv rty other than
trnxf- nor can any be placed thereon, or the property h sold or leased
without consent of 75 per cent of stock. Class A debentures are en
•ttled to 24 per cent Interest, if earned, then common st, ck to 2»2 p.c,
tken the two share ratably; but after 5 per cent has been paid on both,
;, titled
elaes b bon*'
to all surplus earnP
V. 61, p. 471.
Drv-Dt
1191m
1899.
1901
/
Class "A"
213
2^
p. c.
2<d
3
Btock, p c
...)
...
2»s
3
oss.
Kuan Pauen'r.
Bel.
Charge*. Bui. ,s>/r.
•f the f;reen
A- st.
-
—
-
189t 9
..
11"
343,719
459,450
-102,503
60,684
From balance in 1 898-9 was paid on common
$25,808
20 071
stock,
1H%,
$76,699
01,461
$37,5004
b l-
Dip.f.ctors.— 8.8. Pain
Mark T. Cox, See. and Treis., 40 Wall
BI..N Y C Ledyard Blair, J. A. Jordan, W. J. Hunt— (V. 73. p. 662.)
«.r.<iic KII —
road from Chenango Forks to Greene, >'. V
8 tr !!e- Leased to Delaware Lack. W. for term of charter for 8 per cent
Capital stock, $200,000; par, $10.
•n st
u bonds.
y;.«|iill A Q11H0 lly.— V. 71, p. 135; V. 72, p. 11^7, 1279.
fl.nll lt< a 11 in. »ni A Khikho < lly lly.— Beanmont, Tex., to RoBSTllle, Tex., and branches, 75 miles. Gulf Beaumont A Great
which Rogansville to San Augustine, 60 mile-, under con
which 12 miles completed Oct 1901^68tock, $500,000
:
,
Gulf 4: ItIanitol.il Ry.-V. 70, p. 531, 1194.
Gulf A ship Island RR.- Road runs from the
Gulf at Gulf port
to Jackson, Miss., 156 miles ; branch to Handsboro, 4 miles; branches,
Maxie to Columbia, 49 miles, and Saratoga to Laurel. 41 miles; total,
250 miles. The road was extended as above in 1S99 and 1900, the
entire line being operated from Sept., 1900
69. p. 1011.
Land grant about 150,000 acres.
Capital stock, $4,900,000.
The general mortgage of 1900 is a first lien on the entiro road except
the portion between G ilf port and Hattiesburg, 70 miles, to which by
agreement the first 5s of 1897 are now limited. For year ending June
31, 1901, gross, $1 ,039.572; net.$334,823; charges, $228,147; balance,
surplus, $106,676. June 30, 1901, car trusts, $35,699; loans and
bills pavnble, $45,0f 0. Pres., J. T. Jones, Buffalo, N. Y.. who. In April,
1901, was reported to own practically all the stock— (V. 71, p. 135.)
V
Hancock
4:
Hannibal A
Calumet «R.-See Mineral Range RR.
Joseph RR.— In 1900 merged in C. B. &
St.
Q.
Hnrrlman 4 Northeastern Ry.— Harriman
to Petros, Tenn.,
22 miles. Bonds, $300,000, 20 year gold 6s, dated Dec. 13, 1895; Central Trust Co., N. Y., trustee. Pres.. Bird M. Robinson, N. Y.; Sec
and Treas., W. B. Winslow, 253 Broadway, N Y.- (V. 72, p. 988.)
Lancaster
Owns
Harrlsburg Portsmouth Til. Joy
from Dillerville, Pa., to Harrisburg, Pa., 35 miles; branch, Middletown,
Pa., to Columbia, Pa., 18 miles; total operated, 53 miles. Leased to the
Pennsylvania RR. Co. for 999 years from January 1, 1861, the rental
being 7 per cent on the stock and interest on the bonds, taxes and ex.
&
RR.—
Stock, $1,182,550; par $50.
penses of organization.
Western Ry.— Owns from Hartford
Hartford
4. Connecticut
Conn. , to Rhlneclifl", N. Y., 109 miles.
Leased till August, 1940, to the
paying charges and 2 per cent per
annum on the stock. Of the stock $1,390,100 is owned by lessee.
Henderson Bridge Co.—Owns bridge across Ohio R. at Henderson, Ky., and 10 miles of road. Stock is $1,000,000 (par, $100), of
which the Louisville & Nashville Co. holds $501,000; the Bridge Co.
Is guaranteed gross receipts of $200,000 per year by the several roads
using it and dividends of 2*2 p. c. were paid each F. <fe A. to Feb.,
191]. The Aug., 1901, dividend was passed.— V. 73, p. 391. See ofV. 73, p. 723.
V. 73, p, 444. Protective measures
tli ial circular,
$403,000 ttonds in sinking fund in '>ct, 1900. For year 1900-1. gross
Central
New England
Ry., the rental
$257,175; net, $200 790. charges, $128,000; dividends, $25,000. (V.
71, p. 2H7; V. 73, p. 391 444, 723.)
Owns from Rockaway, N. J., to Hibernla
Ill hernia ill inMines. N. J.. 4 Um. Leased to Cent, of N. J. in 1890 for $12,000 per an.
Hocking Valley Hallway— (.See an.) -This company wni
main line frr.m Pomeroy, O.. to Walbridge. O., 250 miles, with trackage (Penn. RR. System) Walbridge to Toledo, 6 miles; branches to
Athens, Nelsonville, etc, 73 miles; leases We.llston & Jackson Belt
Ry., Junction to Jackson, 18 miles; total, 347 m.; 2d track, 25 m.
History, Ac— Successor on Feb. 25. 1899, per plan in V. 68, p. 231,
to the Columbus Hock. Valley <fc Toledo Ry., sold under foreclosure
379. The coal lands, from which the bulk
Feb. 24, 1899. V. 68, p. 23
of the company's business is derived, aggregate about 20,975 acres, and
In Dec, 1899, acquired
are covered by the new coasol. mortg-ige
control of the Toledo & Ohio Central Ry., but that road is operated
separately. See Stock below.
Stock.— There was reserved $5,000,000 each of preferred and common stock to acquire interests in the Toledo <fe Ohio Central Ry.
and Col. Hand. & H. railways,!' practicable or desirable. In Dec,
1899, of this reserved stock $4,421,600 common and $4,000,000 preferred stock was »et aside to acquire the entire issue of $8,421,000
Middle States Construction Co. collateral 3s, which are secured by
deposit of aimost the entire capital stook of the Tol. &. Ohio Cent. Ry.;
$1,219,100 of the said $4,000,000 preferred was set aside for T. & O. C.
oar trusts. Improvements, etc., and In Oct., 1900, $500,000 thereof was
issued, and balance In June, 1901. In June, 1901, all except $54,100
Tol. ifeOhio Central common and $1 1,600 preferred stock^had been aoqulred. Bee V. 69. p. 1345. Rights of pref. stock are:
,
RR.—
M
1
,
October,
1901. J
KAlliiOAU STOCKS
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October,
KA1LKOAD STOCKS AND BONDS.
1101.]
KA I.KOADH
Miles
Date
of
for explanation of column headings, Ac, see not«*
Of
Road. Bonds
on first page of table*.
Yal — (^oH.)-lnt ran. M.. $20,000,000. g.Ce
Car trust liouds ami scrip. s. f.. red at pur. if. A
Fquip. outea, pa ya ble noatl iy (*:iH,t'>o are ds)
Hoonu- Pmmis#44 Wilmington Stock
1st mortgage. $250,000. gold. OH
0"
Hot .s'j>ri>.y»
st mortgage
Bsnst M. J ir TtJMS— gu P. * '• hj s O. I'. I'll 0'
Iki
id.. ? bo t guaranteed
Bourn 4 Tej.O.KR.
'tato of lex. pr. lien 1st 75 m
Bock
346
is>oo
.»
25
1S-IJ
.>.>
L893
1893
L893
1870
i
S
>
—
1st M.l.gr..k'..red.ll0.lnt.gu..$ 1,818.000
Con M
I.
.
«•..
f.,
red. at
1
10. int. ifiiar
p.l. .o'.ti
..o'.tr
Oeu. M..k.-i>iil.ini.kruar ..Mi.t .*s,iHH) pald.mpo'Al
Deben.. D aui1
ffU.8o. Pac. euil., currency c\n
W.t
H I)lv. 1st M..g..$2 ,000 p in <*• 0**1
Austin .fr Northwest 1st mort. >r..gu.p ALA 0**1
w..rth A Np« Ori 1st M iWax. to Ft w.).
\ N \V 1st M..gu s. I'nc. (liar to Wax.)
ki n>p—Oonunon stool
i
MiuUimgtt
Preferred stock, 7 percent, non-cumulative
1st M.. extended 1u 1 890 lint, only In gold).
l'.»2
192
75
453
453
453
I
.
.
.
M M.. old
OP
uv
extended In 1895, i» A 1.. «.)...
M*e, ivnsnl., e\t. in gold In 1895 <.P.O'
Ot'i
int. 1*88,000 due Oct. 1 yearly.
cart!';
00 yearly Deo. l.PeP.
/B</ia a' Vermilion— 1st mortgage
Illinois central stock to bo r7:>, 00.000
Leased line 4 per cent -lock, guar, (see remarks.)
Merlin* t»ls. old 6s ext. In 1895
1st mor
7a,
-
58
103
41
19
64
64
64
64
64
:
-
.
i
16
Sterling bonds, due 1905
Si?.;^!?' ?! ? 1 ls " f l88e,duel9Sl,gold....o*
.0*
equally. JfJ!
vm Z^not 18S6,due 1951, gold.
706 1
1
1
{
II.m kinii
nt
i
lK«n
1895
18S1
1,000
l.OOO
1,000
J
A200
£200
A 200
1,000
1,000
A 200
Val'ey Rallway.-CCoNCLCDBD).
After *
n-«
ye
1
ceot o both common and preferred shall have been
further dividends for such j ear shall be lor the equal
tx.i
i>S.-0d pref., 1 900,1 ^ p. o., Jan July 2; 1901, Jan.. 2: July,
July, 1901, 1»« p. o. from earLings of tlsoal year 190001.— V. 72. p. 1034.
The consols ($20,000,000 authorized) besides a Hen on (be
entire property, subject only to #6,274,000 prior bonds, have a first
the coal lands from which the bulk of the business is deItnated at 20.974 acres; #6,274,000 consols are reserved to
retire the existing 'mnils (these existing bonds, however, uiay be exat maturity) and #5.645,000 (estimated) for the acquisition of
new pi
,ud i>ettermentn. of which $2,230,000 sold in 1899-1901.
Substantially all of the bonds and stock of the Ohio
Land v* Ry Co. and the Wellston A Jackson Belt Ry., 18 miles, are
ted under said mortgage. Description of bonds In V. 68, p. 823.
kal Financks.- The annual fixed charges before the reorganization were about $1,200,000.
Latest Earnings.— For 2 mouths ending Aug. 31:
v» '.
Oro»t
2 mot.—
(Hh i- c.
Charges.
Balance.
1901
$88",94T
$352,124
$17,436 $113,899
$225/61
1900
77^.
306.075
166.791
6.752
146.036
al Rti-oRT.— Traffic Is mostly freight, and 62 per cent of this Is
bituminous ooal. Average train load is large— In 1901, 645 tons.
Rep
.trending June 30, 19' 1, was given at length In V.
73, p. 659, 67"), see also editorial, p. 635.
1900-01.
1899-00.
1898-99.
;
i
1
l
l
Qrossearnines
#1,653.258
Operating expenses and taxes 2,785,280
$4,417,267
2,641,207
$2,8"4 035
1,939,520
Net earnings from eper'n.. $1,8-7.972
Other income
474.0S4
$1,776,060
295.388
$914,515
24,^23
$2,071,448
$938,7^8
$149,175
Total available income
Plxed chart-es
Dlviden In on pieferred
Dividends on coidiloii
$2,342 0?>6
$987,879
(4)560,000
(l J)156,32l
$902,900
Yoik.
Dikictors—TharlfsB. Alexander, Robert Bacoc'R. M. Gallaway, Thomas V
hmrln Sire e, Ne«
rk: Mvron T. lien Ick, Ralph W. Hl<k<.x and
•»»me»
f.land: P. W. Hunilsgton. Ch rle^ (i. Hkkox, N. Mon»rrsi W. V.
d».«e<l »no B. 3. Warner, I'olumbns. O.
72, p. 338, 872, 1034; V. 73, p. 234, 236, 659, 675).
•
Hoouc Tunnel A Wilmington HH.-iNarkuw
Owns road from Hoosac Tunnel,
Gauge.—
Mass., to Wilmington, Vt, 25 miles.
Bills payable June 30, 1900, $5,(00. Earnings for year 1899 00,
cross, $56,172; net, $20,981; charges, $1 ,613; dividends (2 p. a),
15.000. In 1S94-95 dividends, 1 p. c; In 1896, 1 p. a; in 1897 to 1900,
Inclusive. I p. c. yearly.
Hot springs RH,- Road from Malvern
Hot 8prlngs,
Ark., 22
May, 1901. acquired in the Interest of Choctaw Oklahoma & liulf RR.-V. 72, p. IOeO. Extet slon under con
Malvern to Benton, 20 miles. See V 73. p. 722. Stock,
$€0<>.0 0-. par. *li 0.
Year
June 30,1900. gross, $174,239; net. $67,006; Interest,
$23,425; dividends (7 p. c ), #42.000: bal., but., $1,581. Loans payable
June 30. 1900. *35,952.-(V. 72, p. 1060.)
to
miles, opened in 1875. In
endW
Houston East A West Texas Ky.—Owns
from Houston, Texas,
Sabine River at Logan sport, 191 miles, where it connects with the
Houston A Shreveport RR., Logansport to 8hreveport,39 miles. Ren 1896 without foreclosure. Bond issue limited to +3.000,~*0. Stock $1,920,000. of which tl,907,300 is owned by So. Pac. Co.
In July. 1900, the South. Patlflo Co. had guaranteed
72, p. 287.
P2.199 000 of the oonds, principal and Interest, by indorsement, re»erving the right to rede* m the bonds at 05 and Interest at any time
>n six months notice; guaranty, V 70, p. 841; pee also V. 71, p. 236
Squipment trust notes flue Nov. 1, 1903, $41,000
For year 1899-O0. gross. $789,771; net, 5-300,894; charges, $285,150;
»al., sur.. $15,744.
V. 71, p. 236.
Houston A Texas Central Railroad— (See Map of Southern
vacxflo— Owns from Houston, Texas, to Denlson, Texas, 338 miles,
lempstead, Tex., to llano, Texas, via Austin. 214 miles; Bremond to
loss. Tex. 5ft miles (former Waco A Northwestern acquired July 1,
898) Garrett t Fort Worth, 53 miles other branches, 18 miles
otal owned, 668 miles.
History.— Successor April 11, 1893, to a railway company forelosed Sept. 8. 1888
Reoriranizarion plan V. 4ft, p. 792. 820 On Aug.
2, 1901. various controlled lmeswere merged, including the Ausfrn A
forthwestern to I* extended from Burnett to Lampasas 50 miles,
•lthin two years. V 72, p. 4"0, 821; V. 73, p 137, 494.
Bonds.— The bonds are being gradually reduced with proceeds of
ind sales. The firtt mortgage was for $8,634,000, of which $570,000
Jserved against claim of State of Texas upon 75 miles of the road.
to
1
;
;
J
5
M.
M.
g.
5 g
2 16.000
5(f.
J.
6
4
5
g.
g.
A.
A.
1.1O5.0
6
M.
1.920.00O
5
6
g.
g.
709.0OO
180,000
A.
J.
J.
6
A.
1.371,750 1 In 1897
2,000,000 5 lu l9ol J.
U6.0O0
4 g- A.
367,500
1,497.000
310.000
4g.
5g.
P.
A.
A.
5
4
322.000
5
66,000.000 6 In 1901
10,000,000
4
2.500,000
4 g.
3,150.000
5g1.000.000
5 g1,500,000
4 g.
2.499,000
a^ g.
A 500,000
3 g.
321. 0<
J.
P.
M.
J.
A.
A.
J.
J.
J.
M.
A Co.
1999
1904
Various.
To June, 1905
Ilolyoke. Muss.
Jan. 1, '01,2%
Host. .old Colony Tr.Oo, Hept. I, 1922
Co.. cine. July 1, 1P33
Mort L A Tr
May 1, 1938
N. Y., 23 Hroad St.
do
do
May 1, 1933
Houston, Texan.
Annually.
N. Y., Cent nil Trust Co. July 1, 1937
do
do
Oct. 1, 1918
do
\pr 1. 1921
do
do
do
(lot 1, 1902
May 1, 1930
N. Y., Cent. Trust Co.
July 1. 1941
do
do
Deo. 31, 1925
911
Oct. 1,
July
N. V., AtlaiitloTrustOo. .Apr
31.
A
A
A
A
N.
N.
A
J.
8
J
6
4,287.000
57.000
1.
1.
A O.
A O.
A O.
A N.
A J
A J.
A O.
Phll.Of.,4tli&Walnutst. I'el. 8. '97, 1%
do
July25,'0l,2»a
do
A J.
do
do
Hept. 30, 1920
A O.
Feb. 1, 1925
do
do
A A.
do
do
Moh 31.1925
A O.
A O Phlla. .Merchants'Trunt Oct.l.'02-19O6
A D. Peun. Co. for Inn Ao. To Deo. 1. '11
A A. N.Y.,So.l'ac Co23Hro*d Aug. 1943
A 8. N.Y.,211 B'wav A Lon. Ai g. 31,*01,3X
A J. N.Y.,214 B'wayALon. July, 1901. 2%
l.iiiiilini.
Apr. 1, 1951
A O.
A O. London, Morton, C.A Co. Apr. 1, 1903
do
do
Deo. 1, 1905
A D.
A J. New York, 214 B'dway. Jan. 1, 1951
do
do
Jan. 1, 1951
A J.
London.
Mar 1. 1951
A 8.
.
Paolflo Company guarantees interest on all the bonds
and both principal and Int. of debentures of 1897. The first morlgagt
bonds and the consolidated mortgage bonds may be called for redemption at 110 with proceeds of land sales. See full abstracts of all the
mortgages in V. 52, p. 242. Of the$5,068,000oonsolidated 6s authorized
$1,149,000 (not included in the amount outstanding above) are held aa
part security for the general 4s. Stock. $10,000,000. of whtoh the 80.
Pad Ho Co. owns -9,598,500; par,$l(jO. As to school fund claim for
$673,100. see V. 64, p. 1137; V. 66. p. 471; V. 70, p. 686.
Lands.— The lands June 30, 1900, consisted for tlrst mortgage of
1,940,596 acres; consol. mortgage, 1,345,110 acres; general mortgage, 11, z89 acres. Deferred payments were: For 1st mort. $231,790;
general mort., $4,705 V 65, p. 869.
consol. mortgage, $218,648
Latkst Earns.— 11 inos., > 1900-01. Gross, $4,736,224; net. $1,850,922
1899-00.. Hross. 3,6^2,436; net. 1,030.352
July 1 to May 31.
S
Flsi al year changed to end June 30. Report for 1899-00 In V 72, p.
671. In calendar year 1900, gross, $4,392,914; net, $1,634,722; total
In 189H- 900, gross,
charges, $886,053;' balance, surplus, $74 8,669.
$3,886,617; net, $1,094. 83.— (V 73, p. 137, .'36, 287, 391, 494 )
Hudson Tunnel It) — V. 70, p. 996, 1149.
;
>
Huntingdon A Broad Ton Tit. Hit. A Coal Co.—Owns from
Huntingdon, Pa., to dount Dallas. Pa., 45 miles; branches, 19 miles.
0024 7777 6500
5^77
DlV— '89.
'90. '91. '92. '93. '94. '95. '96.
'97. '98. '99 If 00.
4*3 4
1
On com.
5
5
On pref. 5
Annual Report.— Report for 1900 was given
Gross.
Net.
5i«
7
5
in V. 72. p. 1184.
Dtvid'nds.
Interest.
1901.
Balance.
sur. #1.252
$643,904 $247,442 $106,190 $140,000
sur. 57,861
274.051
106,190
110.000
624,481
p. 380; V. 72, p. 282, 1 1 84.)
Hutch>nson A south. Ky.— See Atch. T. AS.F.,and V.71. p. 607
lb-rlH A Verinllf-Mi Kit.— Salt Mine Jet. to Abbeville, La., 16
m'les. Stock, $300,000, of which $<9X,500 owued by Morgan's Louisiana & Texas HR.A Steamship Co. (So. Pac. system). Year ending
1900
1899
-(V. 70.
June
30, 1900, gross $38,790; net, $17,364; int., taxes, etc., $18,060;
bal., def., $c.98.
uols Central RR.— (See Map.)— Road.— Operates from Chicago,
New Orleans, La., 912 miles, and westerly to Sioux
City, la., 509 miles, with numerous branches. Its road, clearly shown
on the accompany ing map, is made up as follows (U which see.)
Mile*.
Road owned in fee.
Mites.
Chicago to Cairo, 111
Main 706 Mem. Ten. to Grenada.Miss. 100
Centralia. ill., to East
Yazoo & Mississippi Val. RR.
stem.
Dubuque, la
ITMemphis t. N. O. and brs. 1,091
Dubuque & 8ioux City Tf
730 St. Louis Alton A Terre H
239
111.,
.
i
M.
5 ft.
5 g
Dividend.
J N.Y., J.P.Moruan
Various
l>. o.
Whom.
1111
(3>t)430,000
1
Balance, year's surplus... $637,853
$789,? 63
$738,548
Officers.— P- evident, N. Monsarrat, Columbus; Seo. and Treas W.
oluinbus, Assistant 8ec. and Treas.; A, H. Gil ard, New
Rransnrl
2 In 1900
1.000
ti.
A
When Due.
Where Payable, and by Slocks- 1 jwt
Q-J.
g.
MoiMia— Prunlpal.
The Southern
i.ei
r.
4>*g. J.
6
5
3. (it!
50
50
500
500
1875
1874
1S75
ism:
ism;
1896
Payable
250.000
465.0O0
8.199.000
5" 1,000
8ee text.
1,000
1854
1857
1868
1896
18»9
1893
Cent.
9 .0.000
1.00
1,000
1,000
l.OOO
l.OiO
l.OOO
1.000
\<\H>
When
596,000
987.290
l.OOO
1,000
L890
1890
1897
Rate per
Ac $10,237,000
Various
lOO
1.000
l.OOO
«
to be nrelerred b'th as to dividends and assets In case
d tubji cl to (he i-tiuiitiT.v hirbt of the coiunatiy to redeem the
*r.
eeneBt ol
>
l.OOO
»'ock
I
same
3s of 1895, due 1951, gold.o*Ar
• 1,00
100
100
Bterl. of '03, JJl 0,000 dr'nyrl.o
l"_:i for
L899
Amount
Outstanding
Value.
1894
i
INTERE8T OR DIVIDENIm
81xe, or
Par
69
southerly to
:
,
H
,
1
. . .
Switz City to ErHngh'm.
Springfield
to
E
St.
III..
73. p. 391,66*>)
Leased.— Control owned.
Chicago St. L.
N. O RR.
Cairo, 111., to New Orleans.
Line to Louisville, etc
}
S W. A br'ches)..
(C. O.
Evansv. Line (Ohio Val. RR.
98
Leased.
Loulsv. Br. from L.
Chicago
AN
46
80
A Texas (Sept. '97....
Total system June 30,190'. 5,357
Of which earns, kept separate
251
A
&
846
Branches
Louis,
.11.
(V.71, p. 547)
To teacnuin d- Oct., 1901,
Peoria, 111, to Evausviile,
Ind., with 6 ai. branch (V.
Entire stock owned.
88
—
Yazoo
547
396
A
Miss. Vail.
RR
.... 1
,091
Total included In earns.
Julyl, 1901
<;
4,266
139
On Deo. 1, 1899, took over portion of 8t. Louis Peoria A Northern
Ry. from Sprlntftield to East St. Louis 111., s>8 miles. V 71, p. 547.
The Fort Dodge A Omaba
RR extension. Tara 8tatlon,
near Fort Dodge, la., to Council Bluffs, la., 130 miles, was purchased by the Dubuque A Sioux City RR. on June 16, 1900,
and leased for 50 years to the 111. n entral for its net earnings above
interest on 111. Cent, bourin issued thereon (see below). V 71, p. 547.
Imiing 1900-1 various branches of Yazoo A Miss Val., aggregating
90 inileo, were completed, and In July, iv»01, several, includln» one from
Lake Cormorant to Tutwiller, Miss 68 miles, were under con-truotion.
Extension from Lyle, Minn., to Albert Lea, la miles, ope rateii In
Deo... 1900 Steamship connections at No* Orleans. V. 72, p 5:- 3. 872.
The stockholders will vote on Oct. 16, 1901, to acquire the former
Peoria Decatur A EvarsvilleRy.. Peoria, 111., to E\ausville, Ind., 244
miles, previously opera ted bv lliinoisCent. as agent, wlth6-n ile branch,
the cost to be represented by a new bond issu .— V. 73, p. 391, 665.
History, Leases,
Chartered in December, 1850. The company
pays to the State of Illinois 7 per cent (in 19ol $815,093) of gross
of the 706 miles owned in fee yearly in lieu of taxes. The ( :hic,ago St. L.
A N. O. Is leased for 400 years from July 1, 1882, at 4percent per annum
on its $10,000,000 stock deposited to secure the leases! line slock.
In 1892 practically all the stock and bonds of the Loulsv. New Orleans
A Texas were acquired, and the company merged in the Yazoo A
Mississippi
A lease of the St. Louis Alton <s Terre Haute system was taken in April, 1896. V. 62, p. 636, 684. In May, 1897, the
Chesapeake Ohio A Southwestern and allied lines were merged in
the Chicago St. Louis & New Orleans, forming the Louisville Division.
Capital Stock.— The leased line stotk is secured by deposit of
10,000,000 Chicago St. L< mis & New Orleans stock, and in case of
t efault for sixty days in the payment of any semi-annual dividend of 2
per cent, the stockholder is entitled to his share of the stock pledged.
,
Ac—
^11^
'
^
INVESTORS' SUPPLEMENT.
7
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ILLINOIS CENTRAL
C
°
SYSTEM.
J
OCTOBEK
(
RALLKUAD STOCKS AND BONDS.
1901.
^
RAILROADS.
.
Date
Honda -Princi-
INTEREST OR DIVIDENDS.
or
Size,
7i
Per When Where Payable, and by
of
For explanation of column headiugs, Ac, see notes
outstanding Rate
Payable
Whom.
Cent.
ttoad. Bonds Value.
on tirst p*g* of tables.
Central— (Concluded)—
mint bonds sterl. (see. bvCh.St.L.AN.O.cons.l.U*
Illinois
ill
131
857
Cairo Bridge bonds, irold (see remarks).. Us.0*&l
798
-j\OOO.O0o,g..on L. N.O.A T.I e*&T 218
Western lines. 1st M., g.Ou
St. L. Div. * Term'l M ,$lO,000,000,g ls.xo\tr <239
,
$5,O00,000(SecV.65,p. 1173),l:.,l's.X.0 Ar
Do
M. *2.->.O00,0OO,g.Us.XC
A New Orleans, 2d mortgage.,
t
I.oul8v.I>lv..vTerlll.
Chicago
st.
usol.
\
Do
Louis
M. ($18,000,000), gold,
iruar. p.
&
1
1
1. 000
500 Ac.
1897
)
1-1I7
567
567
567
100
130
98
guar.o'&r
L877
1,000
1,000
1897
1889
Memphis Div. 1st M., g..gu. p. A, 1. (end.) I »
1900
Omaha Div. .'1st M.. g„ $.\000,000. U»
0"
1900
ihtleld Div., 1st M.. ft, $4,000,000.
I'ndrrlying St. Lo'iis Die. d Terminal Ootids.
St. Louis Alton ft T. H.— Stock (not held by Illlu ols Central).
i
.
F
Bellev.*Caroiidelet,lstM.,Belle.toE.C.,gold.o'
Bellev. & El Dor., 1st M. (I.C.owns $100,000)0*:
tUo.o"
St. Louis Southern., 1st rnort, gold
Carbondale ft 8hawneetown 1st M., gold. .o*
17
51
30
17
Iowa Kails A Sioux fit v -See statement of Dub uque
96
oil Southern— 1st mort., gold, $2,000,000. liC.
III
Ce 230
/-* n,r d West.- 1st M. g.,) not guar
t
Ind.Dec. * w-»c/
|
no guar p &1 (end>)0
} nA
Ca trusts Junn 30, 1901
.
1
,
*
.
ltdi
1st
Illinois d /oira-Stoek $6,000,000
mortgage, gold, $12,000,000, gold ic....c*r
$5,266,000
2,000,000
968,000
15,000,000
3,000.000
25,000,000
5,425,000
f. 377,000
4,939,925
21,388.000
80,0i0
nl 1,289,000
1,359.000
3,500,000
5.000 000
ISO? $1,000
1SS1
1,000
1SSS 500 Ac.
1,000
1892
1S92 500 Ao.
IS!) I
1,000
Ao.
S 1897 500
538
.fcr
Int.
*200
isst;
M
.Sp.Div. rot. in.. (V 66, p. 1237) g.Us.xc*.fcr
1st
1st M.. Middle Div.,OttO to Norinan Juno. A brs r
I I
Collateral trust bonds, gold, $
1883
18S0
1836
1887
1.
1.
000
00.V0
100
R.
g.
3>flg.
3 g.
3»S g.
6
5
Siou x CitV.
1901
1,060
1,000
S 1895
1,000
} 1895
1,000
1898
g.
3kig.
4
g.
3 g.
3 g.
2k
80,000
470,000
88,000
538,000
241,000
1,000
1,000
1,000
1,000
g.
6
7
4
4
gg.
g.
J.
J.
J.
M.
M.
\&
|
1900
In addition $5,266,000 consol. 5s are pledged to secure
111
1,000
inols
Ce ntral
I
Illinois C-ntral K M.— (Concluded)
Early in 1901 the sock was increased from $60,O00,00Oto $66,000,000, to provide additional equipment and facilities.— See V. 71, p.
1066; V. 72. p. 241, 282. The stockholders on Oct. 16, 1901, voted
fnrther to increase the stock to $79,200,000, the new stock to be
offered to stockholders of record Oct. 30 at par, to pay for further
necessary mprovenicnts and equipment, payment in full to be made
on or before Dec. 18, the Dew stock to be entitled to all dividends
declared payable after that date. V. 73,p.82, 13«, 666. Of the stock,
over a majority is now held in America, $8,000,000 being owned
by the Railroad Securities Co and pledged as security for its bonds.—
See page 121 of this Supplement.— V. 71, p. 698, 779.
Dividends. ) 1885. '86. '87. '88. '89. '90. '91 to '99. 1900. 1901
Common stock. S 8 p.c. 7*2 7
5 y'rly.
7
5^ 6
5^
6
Bonds.— Main Line $15,000,000 mortgage of 1874 covers property
described in V. 63, p. 76. Cairo bridge bonds are secured by deposit
of a like amount of idiica go St. Louis A New Orleans 1st M. Cairo Bridge
5s
The rental for the bridge is $180,000 in gold annually, of which
$30,000 goes to a contingent and sinking fund till 1902. then $20,000
regular sinking fund. See adv. in Chronicle, Mav 7, 189^!.
to
The trust bonds of 1886 are secured by deposit of $5,266,000 Chicago
St. L. A N. O. consols of *81, and are to be lnoluded in any new mortg
The collateral trust bonds of 1952 are secured by pledge with the U. 8
Trust Co. of New York of $16,350,000 5 per cent 1st mortgage gold
bonds of subsidiary railroads covering 854 miles. See list, V. 55, p. 550.
The $25,000,000 collateral trust bonds of 1953 were Issued on pledge
of the securities of the Louisv. N. O. A Texas (now Yazoo A Mississippi
Valley RR.) purchased in 1892. Trustee ol deed, U. S. Trust Company. All the $16,900,000 L. N. O. & T. 1st mortgage bonds, except
»63,0OO, ill the $9,104,000 mortgage incomes and all but $96,000 of
tho $10,000,000 land grant income bonds were owned by the Illinois
Central July 1, 1S99, and pledged to secure this loan. See adv. Chronicle. June 11, 1892, and V. 54, p. 964 V. 61, p. 112.
For the Chicago St. Louis d New Orleans the lessee guarantees the
frincipal and interest of all the outstanding bonds prior to the 5s of
1, and by an endorsement on the latter bonds guarantees the
payment of the interest on the same until the principal is paid. Of
these consol. 5s $5,266,000 additional to the amount outstanding above
are pleged as security for the Illinois Central trust bonds of 1886. The
8*88 of 1397 are guaranteed, p. A i., by endorsement— see form of guaranty in V. 65, p. 1071. Illinois Central owns entire $10,000,000 capital stock of C. St. L. A N. O., which Is held in trust for the 111. Central
leased line 4 per cent stock. (V. 65, p. 1071.)
The Western Lines loan of 1894 is for $10,000,000, but $4,575,000
bonds can be Issued only when the road from Iowa Falls to Sioux City,
184 miles, now subject to $2,800,000 of Iowa Falls A Sioux City bonds
(see Dubuque ft Sioux City RR.) due in 1917, shall be transferred to
the trustee without encumbrance. See Supplement of Jan., 1899.
The St Louis Division d Ttrminal bonds are for $15,000,000
authorized, of which $5,000,000 are three per cents; $3,500,000
were issuable for improvements, equipment, etc., and $1,499,000 are
field to retire $1,400,000 underlying bonds still outstanding on the St.
Louis Alton AT. H. system; see table above. See abstract of mortgage in V. 66, p. 138. See also V. 66, p. 133; V. 71, p. 546.
Louisville Division d Terminal mort. is for $25,000,000. Of the loan
#1, 112,000 are reserved to purchase the 46 miles (Cecilia branch) from
^oulsville A Nashville and to retire the L. A N. bonds thereon; $2,400,000 for new acquisitions, additions or extensions. The Chicago
8t. Louis A New Orleans, which took title to the Louisville Division,
Joins in making the mortgage
See V. 66, p. 1 36, for abstract. See
alioSrpp.ofJan.,1899. (V. 65, p. 367. 51 6; V.66,p. 133; V. 67 p 58L.)
The Omaha Diviion mortgage covers the former Ft. Dodge A Omaha
RR.. Tara to Council Bluffs, la., Ill miles.— V. 71, p 54".
To purchase St. Louis Peoria A Northern Ry., Springfield to East
St. Louis, 98 miles, a mortgage thereon securing $4,000,000 3 per cent
Jtchtield DivMon bonds, of which $1,000,000 for improvements, etc.,
was authorized in 1900. -V. 71, p. 547, 646.
General Finances.— In 1901 the stock was being increased to $79,10,000, the new stock being sold to stockholders at par for improvements. S.-e paragraph headed "Canal Stock" above. Fort Dodge A
Omaha RR., 130 miles, opened Nov. 1, 1899. V. 67, p. 956; V. 69, p.
130. 595, 1011; V. 70, p. 1249; V. 71, p. 547
Earnings.- 2 mos., < 1901
Gross, $6,558,930, net. $1,972,179
July 1 to Aug. 31. M900
Gross, 5.518.611; net, 1,063,265
Mileage operated 4,265 in 1901, against 3,996 in 1930.
Annual Report.— Fiscal year ends June 30. Annual meeting is held
at Chicago the third Wednesday in October. Report for 1909 01 was
published at length in V. 73, p. 658, 665 See also editorial, p. 637.
The following does not include Yazoo A Mississippi Valley.
Tear ending June 30—
1901.
1900.
1899.
Miles operated
4,2«5
3,996
3,679
Passenger earnings
$7,327,742
$6,177,654
$5,409,538
Freight earnings
24,876,339
22,280,420
19,251,344
Mail, express A miscellaneous
4,696.379
4,153,897
3,453,808
Total earnings
$36,900,460 $32,611,967 $28,114,690
;
Operating expenses
$25,841,792 $22,869,396 $19,652,262
f. ct. op. expen. to gross earns
(7»»-03)
(70*12)
(6958)
Net earnings....
$11,058,668
$9,742,571
$8,552,428
Net rec'pts from interest, Ac... 2,476,575
2,411,721
2,547,658
Miscellaneous
28,608
3o|090
33J420
Total receipts
$13,563,851 $12,184,382 $11,133,506
Stocks— Last
Dividends.
ft
ft
A
A
A
A
A
A
A
A
J.
J.
J.
D.
J.
S.
S.
New
do
do
do
do
do
July.'Ol, 1»8%
do
do
do
do
do
June
July
Sept.
Mch.
1,
1,
1,
1,
1928
1910
1931
1932
825,000
O. Equitable Tr. Co., Chic. Oct. 1, 1951
4 g. A.
J. N. Y., Central Trust Co, Jan. 1, 1935
1,824,000
5g. J.
do
Jan. 1, 1935
J.
do
933,000
5 g. J.
Monthly.
New York.
244.000
q'.-j.
5,' 00,000 4 in 1901
From Treas. of., Chic. Oct. 1/01,1%
4,500,000
4 g. J. A J. N. Y., Red., Kerr A Co July 1, 1950
100
>ia
203
4
4
4
I
London, Barin g Bros. July 1, 1950
York, 214 B'dway. Jan. 1, 1951
do
do
Aug. 1, 1921
& A.
do
Apr. 1, 1952
ft O.
do
do
Dec. 1, 1950
do
J. ft D.
Nov. 1, 1953
do
do
M. & N.
Aug. 1, 1951
do
do
F. ft A.
do
do
July 1, 1951
J. A J.
do
July 1, 1951
do
J. A J.
July 1, 1953
do
do
J. A J.
Deo. 1, 1907
D.
do
do
J. A
June 15,1951
do
do
Jif&Drj
do
June 15,1951
J/jAD/ji
do
Deo. 1, 1951
,T.
do
do
A D.
fO
Aug. 1, 1951
F. A A.
do
Jan. 1, 1951
J. A J.
do
do
3** g. J.
3>sg. J.
5
F.
4 g. A.
3,000,0
1,000
.
pal, WhenDue.
Amount
Par
of
collate ral trust
bonds
of 1886.
I
1901.
1900
1899.
$2,930,925
$2,775,925
$2,902,465
2,421,090
2,421.090
2.361,874
Tnt. on Chi. St. L. AN. O.b'ds.
533,913
981,646
Rental Dub. A Sioux C. RR..
627,568
506,020
507,525
507,525
Net rental St. L. A. A T. H..
*452.738
95,000
50,000
vfisoellaneous
Oivid'ds on 111. Central stock... 6)3,780,000 ( 5^)3,^00,000 (5)2,812,500
-calance. surplus
$1,519,001
U$2,937,660 1T$2.457,274
* Includes $250,000 for pension fund, $145,238 rent of Peoria div.,
Deduct—
Interest on
111.
Central b'ds.
etc*
H Includes $2,945,400 betterments, against $2,416,674 in 1899-0.
Yazoo A Mississippi Valley —Results on 1,057 miles in 1900-1;
1,001 miles in lo99-0. See report at length, V. 73, p. 672.
Cross.
Vet.
Other inc. Interest, etc. Bal., sur.
Tear
1900-01... .$6,127,94'' $2,069,870
$515
$1,004,306 $1,066,079
1899-00.... 5.3L0.890
959,299
1,905,176
363
946,240
—
Surplus in 1900-01 as above, $1,066,079, of which $1,016,079 was
paid Sept. 1, 1901, to 111. Cent, as owner of entire $9,104,000 Louisv.
New Orl. A Tex. 2d mort. income bonds on account of arrears of
interest ($3,213,522) on July 1, 1901.
Officers.— President, Stuyvesant Fish; Treas., E. T. H. Gibson; Sec.
A. G. Hackstaff. 214 Broadway, N. Y.
Directors.— B. F. Ayer, Walter Luttgen, John W. Auchincloss, J. T. Harahan,
Charles M Beach, James D. W. Cutting. Stuyvesant Fish. Edward U. Harrlruan J..bn Jacob Aator, Charles A. Peabody Jr., JoLn C. Welling, W, Morton
Grmnell. and Ex officio Hon. Kichard Yates, Gov. of Illinois.
-(V. 73, p. 82, 137,287, 391,658, 665.)
Illinois Southern Ry.— Owns Chester 111., to Salem, 111., 91 in.,
and8partato Rosborough, 5m.; total, 96 m. Successor June 1, 1900,
of the Centralia A Chester RR, foreclosed. V. 70, p. 1048; V. 71, p.
29. Friends of the company are building an extension, under the
name of Southern Missouri Ry., from Little Rock Landing to Bismarck, Mo., 43 miles: and in Feb., 1901, incorporated the St. Louis &
Southern RR. to build from Missouri Jet. to the Mississippi River at
Moro Landing, near 8t. Genevieve, 6 miles.
Stock, $2,000,000, all issued. For 8 months ending Feb. 28, 1901,
gross, $76,536; net, $11,592. For year ending June 30, 1901 (old
company), gross, $113,229; oper. expenses, $96,285; taxes, $8,013.
President, O. H. Rosworth; Auditor, C. F. Weinland, 204 Dearborn St.,
Chicago, III.— (V. 71, p. 29, 287, 445.)
Indiana Decatur
Western Ry. (See Map Cincinnati Hamilton d Dayton\— Indianapolis, Ind., to Desatur, 111., 152 miles. The
Chicago A Ohio River RR., Sidell to West Liberty, 78 miles, was acquired in 1899 and is operated as the Ohio River division; trackage,
West Liberty to Olney, 8 miles; total, 238 miles.—V. 68, p. 523. Successor in 1894 of Indianapolis Decatur A Western, foreclosed — V. 61,
p. 1064; V 64, p. 41,953; V. 65, p. 27. Extension from Decatur to
Springfield, about 40 miles, under name of Springfield A Decatur RR.,
will be completed Nov., 1901.— V. 72, p. 1236.
&
Stock and Bonds.— Stock, $912,000 common and $912,000 preferred,
owned by Cin. Ham. A Day. interests. V. 61, p. 1064. New stock
be issued to reduce floating debt incurred for improvements and
all
will
on account of Springfield extension
The first mortgage of 1895 is authorized at $12,000 per mile for
additional road built or acquired; the bonds are redeemable by lot at
110, at anytime on eight weeks notice; $933,000 issued for Ohio River
division are guaranteed by Cin. Ham. A Dayton. — (V. 69, p. 795)
Dividends.— In 1897 to 1900, inch, 3 p. c. yearly paid on preferred.
Annual Report.— Report for 1899-00 was in V. 71, p. 909.
Tears.
Gross.
Oper. Ex.
Net.
Charges.
Div.
Bal.
$49,616
1900 01. .$70 ,938 $518,771 $188,167 $138,550
1899-00... 674,213
24,848
500,115
174,093
137,850 $11,400
Prest.,M. D.Woodford; Vme-Pres., Hy. F. Shoemaker.— (V. 72, p. 339.)
Indiana Illinois & Iowa RR.— Owns from South Bend, Ind.,
toSeatonville, Hi., 192 miles, with branches, 10 miles; trackage over C.
B. A Q., Ladd to Fulion, 62 miles; other trackage, 2 m.; le ises 50 years
from Feb. 23, 1900, the St. Joseph South Bend A Southern RR., South
Bend, Ind., to St. Joseph. Mich., 39 miles total 300 miles, the extension from Streator to Churchill being operated in Jan., 1901. Extension from St. Joseph to Benton Harbor was to be completed Oct.
l!
01.
Dividends.— Oot., 1900, to Oct., 1901, inclusive, 1 p. o. quarterly.
Bonds.— Of the 1st 4s of 1901 $4,i00,000 were issued to retire
the $3,00 \ti00 fives called for payment on Feb. 1, 1901, and the extension from Streator to Ladd, the balance being issuable only for
new property and improvements. V. 71, p. 1269; V. 72, p. 87, 722.
Current liabilities June 30, 1901, $426,439.
net, $54,837
Gross, $131,°68
Earnings.— 1 month,)1901
93,482; net, 34,941
Gross,
July 1 to July 31.
5i900
Earnings.- Report for year ending June 30, '01, was in V.73, p. 660»
;
gross, $1,419,116; net, $559,231; other income, $2,862'
taxes, rentals, $264,716; dividends (4 p. c), $200,0001
balance, surplus for 7ear. $9 .427. In 1899-0, gross, $1,226,150; net,
showing:
interest,
$468,085— (V.73, p. 66o, t>62.)
Indianapolis Union Ry,— Owns
3 miles of track, -93 of a mile
of road, with terminals at 1 ndianapolis, Ind., and leases for 999 years
the Belt RR. of Indianapolis - 12*2 miles (which see).
Formed in 1850 and furnishes terminal facilities to the several
railroads entering Indianapolis. Capital— The Cleveland Cincinnati
,
.
79
INVESTORS' SUPPLEMENT.
RAILROADS.
For explanation of column headings, Ac,
on first page of tables.
Vn.— 1st
frulianapolis
M.,
g., s.
f.
Miles
of
see notes
Date
Size, or
of
Par
not sab). to call
C
93
133
841
841
841
Vincennes— lstM.,i;ii.j>.jkl.(end)FPo
rf Ortai Northern — 1st niort., gold
2d mortgage, gold. F
o*
SdM.($3.0e*i.Oe>0>(fornriytnc.),g.lnel.Bcrip:Tlc.o"
Colorado Bridge bonds, sinking tund.F
lnteroceann Ay of Mexico— Ord. shs., £1.700,000.
Preferred stock. 7 per cent, com., £ 1,000,000.
Pr Hen deb. suld. to call at par aft. Men. 1, '97.
Four p. c. deb. stock, sub. call, par, £1,130,000.
Deb. stock, 7<\ "A," subj. to call, 110, non-cum..
Deb. stock, 7% "B," subj. to esll IS 0, nou-cuni..
Second deb stock, red at 105 after 1911, text.
Iowa fMi.-Conimon stock, SI 1,000,000 auth
Preferred stock, $7,400,000, 5 p. c, non-cum
1st M. for $7,650,000. g<ab8tr.,V.49,p.582iMe.c*
Refurd'g M. $25,000,600. g. See text HIo..o«4r
Kelthsb. Br. 1st M.,g., called (V. 73.p. 494)
Iron Railway Stock
Jacksonrille 4 St. L- uis— Stock Trust Certificates.
Jaeksonv. Southeast. 1st M., Jack, to Litchfield..
1st consol mortgage, $650,000, cold
.P. Pc*
Income M, gold, non-cum., $1,650,000. .P. P...
Jacksonville Ter.— 1st M., $500,000, g., gu Mp..c'
Jamestown Chant, d L. £.— 1st M., $750,000. < o.C."
Jtfferson— 1st A 2dMs,ext. Id "87A*89 (H'daleBr.)c
1st M. Carl>ondale to 8. depot, g., gu. p. A l.FP.o*
Jolvci rf Northern Indiana— 1st M. gu. p. A 1. M. C.o
Junction (Philadelphia )— 1st m., guar.p.A i.(ext'd)
General mortgage, gold, coupon. $750,000
Manaw.et Mich.— 1st M.$15,000p.m.g.gu. p.Al.Ce.c
1886
1867
1879
1881
1892
1880
$1,000
l.OOO
500 Ac.
500 Ac.
500 Ac.
1,000
£10
10
.
50
•
* •
•
* *
••••
Ac
"
....
10
10
•••
$100
100
503
p
—
1888
1901
1885
100
100
20
54
112
112
41
8
37
45
362
362
164
1,000
1.000
1,000
1880
1896
1896
1894
1901
1867
1889
1877
1882
1900
1890
1,000
••••>
1,000
l.OOO
1,000
1,000
1,000
1,000
1,000
1,000
Chicago A St. Louis, the Pittsburg Cincinnati Chicago A St. Lonis and
the Terre Haute A Indianapolis are virtual proprietors, they having invested in it $859,175 to June 30, 1898. No stock outstanding. Bonds.
Trustee of mortgage is the Fidelity Ins. Trusi A Safe Deposit Co. of
Philadelphia. Bonds for $46,000 have been canceled by sinking fund.
For year ending June 30, 1900, gross, $601,189; net, $232,079; other
Income, $lv, 080; charges, $168,936; balance, surplus, $75,223. In
1898-9, gross, $568,218; net, $230,697; other income, $15,855.
Indianapolis A Vlncenncs
Owns from Indianapolis, Ind.
to Vlncennes, 117 miles; branches, Bushrod to Dugger, etc., 16 miles.
SECfKiTits.— Stock, $1,402,000; par, $50; of which Pennsylvania
Companj on Jan. 1 1901, owned $1,401,900. The $1,400,000 guaranteed 2d 6s were purchased by Penn. RR. May 1, 1900 pending a
merger with other Western lines of the system. V. 72, p. 490.
rrcnd.Dtcji: Gross.
Balance.
Net.
Interest, etc.
1900....
$639,595
$104,284
$179,607
def. $75,383
1899
...
595,051
def. 88,971
114,029
203,000
—
RR.—
—(V. 70,
p. 739.)
liitcriiiiiioiial A Great Northern
(See Map Missouri Paci/i') .— 1 ODf mi w on Tex.A Pac. (near Shreveport, La.,) southwesterly
tc Houston and Galveston, also to Laredo, Tex., on Mex. National RR.
Lines mc n id
Miles. Lilies Operated—
Miles.
Longview, Tex., to Laredo,
496 Galveston, Houston A Hen.
Palestine to Houston, Tex
T)
151
gointly with M. K. A
50
in cola,
Columbia,
26
etc.,
Other lines
RR.
—
M
102
Bryan to Marlin
66
Total system, May 1, 1901.. 891
Organization.— Reorganized without foreclosure in 1892 under plan
In V. 54, p. 203, 366. Stock authorized is $25,000,000; outstanding,
89,755,000; par. $100; controlled in interest oi Miss. Pac. On May 1,
1901, the Calvert Waco A Brazos V Ry., in operation from Marlin to
Bryan. 66 miles, was merged, and will be extendeo from Marlin north
to Ft. Worth iof ^hic'li about 15 miles to Waco was oj erattrl in Oct
1901) and from Bryan, south to Spring, 22 miles north of Houston,
making tluough line H( utton to Ft. Worth, 260 miles.— V. 72 p. S72.
Bonds.— The second mortgage interest, scaled to 4*s per cent, until and
Including Sept. 1, 1897, U now 5 per cent; but in case of default the
rate reverts to 6 p. c. as formerly. In Aug, 1901, $657,00' each of
first and second mortgage bonds were sold to pay for extensions Jrom
Marlin to Biy an. t < miles, and airangements T\ere made to sell $380.OCOoi each additional to cover 38 niLes to be completed in the fall.
V. 7*. p. 445.
On April 1, 1901, equipment lease warrants, including
Interest, $430,551, payable monthlv to 1906.
Earnings.— Jan. 1 to Sept. 30, gross, $3,258,331 in 1901; in 1900
$2,797.; £5. For 6 mos. ending June 30, 1901, gross, $2,363,408; net,
1495.484; oil.i ii,«(me. 16,266; ini tbarjre* and taxes, $461,293;
pajmeLt of cquiinieU. totes, $48,641; bal def., $29,192.
itar.
Gross.
Net.
Other inc. Charges.
Balance.
1900
$4,438,576 $1,137,362 $8,157 '$1,108,546 sur. $36,993
1899
4,177,808
1,157,^68
4,977 '1,126,223 sur. 34,622
1898..
3,990,855
1,868
1,150,700 sur. 46,523
1,201,355
•Charges in 1900 above Include about $156,131 equipment notes
paid of); in 1899, $164,311 — tV. 73, p. 287. 391, 445, 784.)
,
r<><<
Railway
anl<
of Mexico, Limited.— Vera Cruz to
Me>)(«. City, Me>.,342 miles; Los Reyes to Puente de lxtla, 123
m.; LosArtos toTlatualpican,72 m,; other, 18 miles; total, 565 miles.
Oi:gam7a7Ion.-(1 attend Apiil 30, 1888, by the Mexican Government; cor (csslons exilic 1962, when State n ay purchase lights upon
certain fixed tcims. In 1896 reorganized rer plan In V. 62, p. 364.
f-ro hi 1 s- lie 4 i ci cti:t debenture stock (issne limite d to £1,i.'<<) i-1
l
;,i(.(
<ii il. e entile undertaking, subj* el onlj to
tie ±4co,< (0 jiici Hen debentures, to retire which £4f0,CC0 oi the
ddniiiii 4mieiiKMi(!. A" ei:c. 1 " Hi ck t< e V 62. p. 3(4. On
I«c. 14, )!(0, £1 3C0,0C0 of 4k per cent 2d debenture stock
vas antl c ri7< d,ol whliL *i 00,0(0 was loanable
.media t fly, £950,iiHiMii to k i'i( n lit 'A" delcLiuie sto«k, balance for
00< lo
fiitnic n quiu n nts, ai r £l£0,0<
K in aii< i 1905. h< e ciicuhu, V.
71. p. ll'.O". as t<
lc.
LividendBOI "A" stock: In 1896,3p.c;
< .; U96, 3 p.cj '99, 5*4
1697, 2 V p.
p.c; 1900, 7 p. c; on "B" stock in
1
:
i
<
i
l
•
•
m
1
(
(
i
i
.
IGp. C.
s- Jury 1 to
mm
Lai
Jum M, If 01 (12 months) gToss, $4,040,700,
agaiLrt $',l r>:.75s in 1699-0; 3
tog tept. 30, 1901, gn^s,
t7-4,! CO, 8>.hiii.-t 1796,970 in 19C0.
)"y inato Jvi't '.(>:
<>toss
Net.
Net in £.
(Mex.) $4,1(6.679 (Mex.) $1,169,464
£115,468
19C0
1699
(Hex.) $8,612,692 (Men.)
£85,-«64
$842,521
i.i.
for 1699-00 slovfd £67,69., leaving alter
Kei re^eniM a*
disuil ution oi 7p.e to "A" debenture ttccb, and 3 716 io "B"
k, a balance of £277 to (cnj h.ivanl.
Sec.. C. E. Struby; Tira*.
B. Prk di riebaen. 9 New Broad St., London.- (V. 72, p. 44).
tuna ienlral Ry.— Opmtei tXOB iioi l;i, HI., v,i sierly to Oska
loosa. Ia-> the nee northerly to Manly Junction, la., and branches, viz.,
Milts.
Leases
Owns—
Mites
Iowa June ,111., to Miss. River. 89 Keithsl.tirg Bridge over Mise.. 2»c
MIfp Ktvtr to Oskaloosa, la .. 95 Track, Iowa Junct'n to Peoria. 3^
i
e <
t
—
—
A
I
la
Brar.(
to
Manlj Junction
hm, P.cln.onrt.etc
178
142
Total in earnings. J nne30,'00. 510
nrtral A Western BB. from Belmond to Aigona. 37 miles,
kao been operated iroaa Kot^ 181 9. nsdei an operailna agreement.
1 e n.< nej n( c« tt ary for construction was advanced by the lowaCen
lit
1
li.v.H
(
.
.
In:ertuitumai
branches
Amount
oiit«t.Vi,,ii n oRoad. Bonds Value. Outstanding
l-u.iuuuiiM)Us<t
Inlc
,
[Vol. LXXIII.
hontts— PrtnciINTEREST OR DIVIDENDS.
pal.When Doe.
Rate f 61 When Where Payable, and by Stocks— Last
P
"
Cen
$954,000
i
Payable
4».g.
M.
A
1,700,000
F. &
7
8,611,000
6g. M. A
7,711,000
M. A
2,728,052
M. A
198.000
M. & N.
£1,700.000
1,000,000
400.000
5
J. A J.
699.886
4
MA8 15
735,392 7 In 1900
469.459 37 l6 in'00
See text.
4*fl
8,512,900
5.67-2, 15 l^"in vO0M""&"S.
K r
T
h
7,650.000
5g J. & D.
2,000.000
4 g. M. A s!
591,000
6 g. J. & D.
600,000
1,500.000
300.000
6
J. A
350,000
A. A
1,582.000
I'500,000
600,000
300,000 4i« & 6
2,800,000
A. A
800,000
A
425,000
A
4k
300.000
3«« g.
A. A O.
2,469,000
4 g- A. & O.
J*
I.
.
ll
?*
wboni.
Dividend.
Phila., Fidelity Trust.
Farm. L. Tr. Co,
&
N. Y.,
N.Y.. office, 195 B'way
N. Y., office, 195 B'way
See remarks.
N.Y., office, 195
B'way
May
1,
1,
Nov. 1,
Sept. 1,
Feb.
Sept. 1,
May
1,
1926
1908
1919
190£
1921
1920
Mch. 31,1912
Sept. 15,1950
Sept. 15, 195©
Sept. 15,1950
1950
London,
do
N.Y. office, 15 Broad St Mar.l.'OO.lif
N. Y., Mercantile Tr. Co, June 1, 1938
Mar. 1. 1951
N. Y., Central Trust Co, Nov. 30, 1901
Boston.
July 10, 1891
See text.
Phila.. Penn. Co. for Ins
None paid.
N.Y., 32 Liberty Street
N. Y., Contm. 'JTust Co
Phila., Fidelity Tr. Co.
N.Y., Erie RR.
N. Y.,Fann. L.ATr.Co
Phila.,
do
Broad
St. Sta.
do
N. Y., Central Tr. Co.
1910
1925
1935
Jan.
193*
July
1951
Jan.
1927
July
Jan. 1, 1909
July 10, 1907
July 1, 1907
Apr. 1, 1980
Apr. 1, 1990
July
Oct.
1,
1,
1,
1,
1,
1,
tral. which received $900,C00 stock and $555,000 first mortgage 5 per
cent bonds. V. 71, p. 858. In July, 1901, extension was completed
from Manlv Jet. north to Albert Lea. Minn., 25 miles, at a connection
with the Minneapolis A St. Louis.— V. 71, p. 889.
History.— Reorganization (by plan in V. 44. p. 653) of the Central.
Iowa sold in foreclosure in 1887-88. In June, 1900, Minneanolis A 8t.
Louis interests obtai ed conirol tin ough purchase ol the common stook;
the two properties are operated In close connection.— V. 70, p. 1249.
Capital Stock.— The preferred is entitled to 5 per cent (non-cumui
common
to 5, then both share pro rata.— (V. 62, p. 648.)
in 1892 paid l per cent; in 1899,
March, 1 1« p. c. ; Sept., 1 V p. c ; in 1900, March, 1 *$ p. c. The Sept.,
1900, dividend was passed, the surplus earnings to be applied to new
equipment, etc. V. 71, p 258, 342.
Bonds.—The stockholders voted on July 31 to issue a mortgage to
secure $25,00 .000 fifty-year 4 per cent gold bonds to >efund the $7,650,000 first 5s and for "improvements and additions Of the bonds,
$2,000.' 00 were sold, the proceeds to retire the $591.0.0 Keiihe
burg Bridge >onds called lor payment on Nov. 30, 1901, and the
$555 Ooo Iowa City A Western bonds, and the balance foi equipment,
etc.— V. 73, p. 138, 236, 494.
Gross, $383,188; net, $72,421
Earnings.— 2 months, )1 9 01
Gross. 358.117; net. 46,517
July 1 to Aug. 31.
$1900
For 12 months end. June 30, 1901, gross. $2,298,2 >4 ; not, $469,428.
Annual Report.— Fiscal year ends June 30; report for 1899-00 wae
in V. 71, p. 858. Soft coal tonnage in year 1899 00 was 568.655 (38
cents,
1899-00 was 07
p. c. of total tonnage). Ton-mile rate in
against 082 cents in 1898-99; train load 1899-00 221 tons.
lative),
then
Dividends.—On preferred stock
1897.
1898.
1899.
Tear ending June 30.
1900.
509
513
509
Av'ge miles of road oper
Qross earnings
$2,325,919 $2,120,575 $1,868,349 $1,564,205
559,"19
400,561
531,541
551,4*9
Set earnings (over taxes)
543.318
408,348
574,694
rot.netrec*ts(incl.rents)
566,780
375,892
374,792
38;,207
405,219
Interest, rentals, Ao
Int. acet. 1. C A W. Ry... cr. 14,413
61,948
30,054
improvements
..
Dividends on preferred. (3) 170.02 4 (m)85,005
*3,50i
Balance, surplus
$5,950 $102,482 $105,478
President (July, 1901), Edwin Hawley.— (V. 73, p. 138, 184,236,494.)
Iron Railway.— Owns
road, Ironton, O., to Centre, O., 13 miles
Lividend in 1891, l»a per cent. No funded
debt. Bills payable, June 30, 1900, $4,9^7. In year ending June 30,
1900, gross, $73,108; net over taxes, $30,911.
and tranches. 7 miles.
Jacksonville
A
&
i
t.
Louis Ry.— Owns Jacksonville to
Centralis,
reorganization J uly 1, 1896,of the Jacksonville LouisDI., 112 miles.
Voting trustees,
ville
St. Louis RR., foreclosed June 10, 1896.
Robt. F. Kennedy ano J. H. Dunn, etc., see V. 63, p. 80. The
A
mey
be Increased to $650,000, but only to take
Year 1900-01,, gross, $224,963;
net, $37,262; interest, $35,500; bal.. sur., $1,762.— (V. 63, p. 880.)
Jacksonville & Sontliweslern RR.— JacksonvllletoNewberrT
Fla., 86 miles, operated July, 1900; extension, Newberry to Manatee
Springs, Suwanee River. 20 miles, under coi struct ion Apr., 1901. I»
July, 1899, bonds had been taken by officials and immediate friends.
V. 69, p. 80. Year ending June. 30, 1900, (86 miles), gross. $69,207;
net. $'.3,303. Presld»nt. J. M. Barnett, Grand Rapids, Mich.; Sec,
A. G. Cummer, Jacksonville, Fla.- (V. 70, p. 1195).
Jack. Tampa &. K. W.Ry.— 8eeSav.Fl.&West.andFl. E. Coast Rj
Jacksonville Terminal Ry.— Owns union ircight and papsen5er depots [the latter opened Feb. 1, 1695,] and terminal properties at
Jacksonville, Fla., including 20 miles of track, us*d by Savannah
Florida A Western, Seaboard Air Line, Jacksonville Si. Augustine A
Indian Elver (now Florida East Coast Ry.) and Atlan. Vaidosta A
Western, which companies guarantee by endorsement the principal
and interest of above bonds, and own the entire stock. V. 71, p. 135.
For y ear 1699-00. gross. $92,983; net, $10,465; other income, $31,640;
first
consol. bonds
np Jacksonville Southeastern bonds.
d( dn'ciions.
$36,270.
(V. 71, p. 135.)
JameMoan
Cnautaiiqun A Lake Frle Ry.— Jamestown,
Chantau(|iia, 26^ miles; branch to Falconer, 3^ miles;
N. Y., to
extension. May ville to Westiield. 11 miles, to be completed about Nov.
Incorporated in Sept., 1900, and purchased
1, 1901: total. 41 miles.
the stock and eboul 95 rei cent of the $250,000 bonds <5si of the
JamcHowii A 1 ake Erie By. and entire stock of < hainavqua SKam
boat Co .operating 11 steamers on I hautauqua Lake. Stock. $600,000.
Combined earnings of pioj cities foi year ending Dee,
all common.
31, 1900, were: Gioss, $116,478; net, $34,795; int. aid taxes, $19,15,106. Railroad earnings alone v ere: gioss, $57,089; bal.. sur..
694. net. $15,377. For 4 months enolns April 1, 1961, RR. ean.lngs
were: gToss, $17,717; net, $4,164.-(V. 72, p. 338).
Owns Lanesboro, Pa., to Carbondale, Pa., 37
Jefferxon
miles double track; branch. Hawley, Pa., to Honesdale, Pa., 8
miles. Leased in perpetuity to the Erie RR. Co. for $140,000 per
annum for main line and $14,940 for branch. Used by Delaware A Hudson to reach Carbondale. Stock, $2,095,450; all owned by Erie RR.
RR.—
A Monltern Indiana RR.— Owns
Joliet. 111., to Lake
Operated as part of the Michigan Central system. Road opened In 1854 and leased to the Michigan Central. Btooa
($300,000, par $100) carries dividends of 8 per cent per annum.
jollei
Station, Ind., 45 miles.
OCTOBBR,
1901.]
RAILROAD STOCKS AND BONDS.
73
74
INVESTORS' SUPPLEMENT.
RAILROADS.
Miles
For explanation of column headings,
on first page of tables.
dee.,
see notes
Date
Size, or
Of
Of
Par
1
10
174
1886
1886
1877
Kan.
< itti ft. Scot' ,c- Memphis Hi/-- Com stock
Pref. stock $15,000,000, trust otts., gu ,4%(teit)
Refunding mort000, gold... Ill e.O*
(Thdbkli iv<; Bonds
K.
iQ. 1st M.. I'd. gr.,s. f.. dr'n at 110. o"
Ft. Scott Poeastero ft M.. 1st M.,«lr'\vnat 105.0'
Short Creek A Joplin 1st M., drawn at 105
o"
Memphis k ft Col lstM
o"
""
Kansas ft Missouri rr. 1st mortgage
K. C. F. S ft M. KR o m. M $2 >,000 p.ni.)NB.o'
Current Rlv. KK. 1st M., 920,000 p. in.. guar.\ K
lstM.g..s f..<lr nat 110.0"
Kan aft M R'y ft
<
BMw
1901
160
103
22
50
26
719
81
Co. 1st If. guar., s. f., red. at 110.
1st M
cal at
Ft. Scott Kqulp. Co
OnrkEqutp do 1-t M .gu..$l,000.000,eallat p;ir
Meiu. A Blr geu.M. $4,500,000. our. OK. o*
K. C.
DU
.
Income, non-cum. V. 72, p. 438.
OB.O*
Birmingham equipment M.,g.,gu. (red. at 110). .0*
Memphis Equipment Co.. guar., red. at 110
o*
Kan. City He*, it Orient— 1st M., g., $22,500 p. m.
Kansa* City <t Xorthern Connecting KR.
let mort., gold, $20,000 per mile, $3,000,000 o*
<Vdmort., Income, gold, non-cum., $1,250,000...
1884
1882
l^SS
1887
l
277
277
—
9 H«
91i*
Kan. Ciy Xo-thic.- 1st M ,pf ,"A"g.,red at 105..1Ie
Ktuumi ci'y Bouthtm -Stock, com., $30,000,000
Pref. stock, 4 per cent, nou-cum., $21.000.000...
1st mortgage, gold, $30,000,0u0
I?Ie..o*
s:;<>
500
100
100
1,000
Kanawha
Owns
Ac
Corning, O., to Gauley on the Ches.
Pomeroy
to Gallipolis,
and
1
ft
Toledo A Ohio Central.)—
Ohio, 172 miles, less 17
mile,
)
s
Gross, $924,624; net, $227,300; o- her income. $6,800; int., taxes, etc.,
8159,053; balance, surplus, $75,047. In 1899-00, gross, $759,069; net,
$177,046.— (V. 73, p. 2 3 4, 660.)
Kansas City Helt Ry.— From Argentine to Valley of Blue River, 10
Stock authorized $2,500,000 (par, $100);
outstanding
owned one-half by Atchison Topeka
8100,000 (par, $100)
ft Santa Fe and three- tenths by Kansas City Fort Scott ft Mem
phis and two-tenths by Chicago Milwaukee ft St. Paul. Double-tracked
and used for a terminal road at Kansas City, being leased for 99 years
from 1888 to C M. ft St. Paul and Atchison Top. & S. Fe (jointly with
other companies) for payment In each case of 3 p. o. per annum of
cost of property used with equal proportion of cost of conducting
transportation and maintenance according to wheelage. The mort
gage is for $2,500,000. Earnings.— For year ending June 30, 1900,
gross, $271,330; net, $155,305; interest, taxes, etc., $135,239; bal.,
miles.
;
sur.,
$20,066.
Kannas
Pres't. B. L. Winchell.
City Clinton
A Springfield Ry.—Owns
from Cedar
Junction, Kan., to Ash Grove, Mo., 164miles; Arcadia, Kan., to Srrlngf eld. Mo 87 miles (a' quired Sept 1901, from Kansas City Fort Scott
ft M> n .phis RR.); branch to Pleasant Hill, Mo., 10 miles; total, 261
miles. Purchased in 1901 bv parties identified with the new Kan. City
Ft Scott a. Memphis Ry., which see below. Stock, $1/775,400. Bonds
were guaranteed by the K. C. Ft. Scott & Mem. RR. (old co), the
earnings being Included with those of the latter. Pres., H. S. Priest,
St. Louis, Mo.-(V. 72, p. 581; V. 73, p. 184, 236, 723.)
Kaii»a» City Fori Scott Ac Memphis Ry.— Controls, as be.
1,818,000
1.156.000
1,032,500
29,993,500
21,000,000
26,197,500
,
low stated, road extending from Kansas lty, Mo.,viaMemphls,Tenn.,
to Birmingham, Ala., 738 miles, less 87 miles, Arcadia to Springfield.
Mo. conveyed In Sept, 1901, for legal reasons to K. C. Clinton ft
Springfield Ry. (which see above), with numerous branches, aggre?at ng 297 miles; total, 948 miles. Also to construct connecting lines
rom Jacques Jet, Kan., to the st Louis ft San Francisco RR., at
Oswego, Kan., about 24 miles; also from Miami to Afton.
Organization.— Incorporated on June 14. 1901, and will be vested
either dlrec.ly or through ownership of stock with the Kansas City Ft.
8. ft Mem. Railroad &no Kan City Mem A Birmingham RR.,but notthe
Kansas City Clinton A Springfield and certain other mileage of system.
V. 72, p. 1237.-8eeV. 72, p.438,532. i,75, 988. The St. Louis ft San
Francisco KR. will own the entire stock and lease the road, guaranteeing the bonos of 1901, principal and Interest, and 4 p o. on preferred
stock trust certificates, payable quarterly, beginning Jan. 1, 1902.
Stock.- Common authorized, $45,000,000. The pref. stock is deposited in escrow and against It are Issued trust certificates, which are
guaranteed 4 per cent dividends by the St L. A San F. RR., the latter
bavin? the option to retire the certificates at any time at par, and obligating Itself to ray off the whole issue in 20 years from date. Of the
were offered for subscription in June, 1901,
certificates, $13,-10,0'
to 8t L ft H. F. stockholders, per terms in V. 72, p. 1238.
Bonds.- T!;e refunding bonds of 1901 (limited to $60,000,000) are
to be secured by all property now owned, or hereafter acquired with
Of the bonds, $11, 650,000 were
the proceeds of the refui ding issue.
offered for subscription in June, 1001, about $30,850,0o0 will be reexchange against the face amount of underlying bonds,
served for
$3,000,000 for refunding purposes. $5,000,000 for improvements,
betterments and new equipment at the rate of $600,000 per annum,
and the residue, as well as any bonds not used or required for refunding purposes, will be reserved for issue for additional lines and extenlons, at not "xceedlng $22,500 per mile thereof. As to guaranty,
<
see "organization" above.
Bepirt— The earnings of ths combined properties (including also
those of the K. C. Clin. As Springfield Ry not owned; were:
Charge*.
Grons.
Set.
Oth. Inc.
Tear—
Bal., sur.
1900 01... $7,4 9 7,777 $2,374,008 *67,752 $1,679,091 $762,1,09
1899 00... 6,203,242
1,839,154
41,668
1,606,909
273,853
ft
F.
M.
-
A.
A.
J.
J.
M.
M.
&
ft
ft
ft
ft
ft
ft
ft
ft
ft
S.
S.
S.
A.
N.
O.
O.
J.
J.
N.
8.
-
M.
ft
8.
i
See
F. ft A.
text. J. ft J.
&
J
5 g. J."&
J
5
5
|
g.
g.
To be h
3g.
J.
LXXIU.
Hoiuts— Prlnol-
pal.When Due.
by Stocks— Last
Dividend.
Boston, Of., 50 State St. July
Boston, Old Colony Tr. Oct.
do
Louis
ft
1st dlv.
do
Oot.,
San Fran. RR.
due Jan. 1, '02
New
York.
D. Boston, Old Colony Tr.
Sept. 1
g
189,000
1,000
Athens to Armltage, where
Hock. Val. Ry. tracks are used. Also owns branch of 11 miles leased
to Toledo ft Ohio Central and Col. Shawnee ft Hooking Ry.oompannles.
History, Etc.— Reorganization In April, 1890, of the Kanawha ft
Ohio Railway sold in foreclosure. (V. 50, p. 451, 483.) In Oot., 1890,
a large interest In the stock was acquired by the Toledo & Ohio Central,
which has guaranteed the bonds, principal and Interest. (See V. 52, p.
166. 351.) Capital stock $10,000,000 ($1,000,000 in treasury July,
1901). The first mortgage bonds are limited only to $15,000 per mile
of road constructed. June 30. 1901, car trust notes, $327,746; special
equipment and betterment loan, $160,000.
Latest Karss.- 2 mos., 1901
Gross, $166,655; net, $39,755
July 1 to Aug. 31.
1900
Gross, 148,849; net, 30,632
But. over 2 mos. chges., $19,151 in 1901, agst. $10,490 in 1900.
Annual Statement.— Report for year 1900 l,in V.73,p.C60,sbowed:
miles,
S»13,000
ft
M.
M.
M.
i
6
5
4
5
3,247,930
6,321,8«0
(t)
J.
g
761.000
999,000
360.000
1,000
1,000
J ii in il«. ii rr. (Philadelphia).— Owns Belmont. Pa., to Gray's
Leased lor 99 years from March 1,
Ferry, Pa., about 4 miles.
1899, to Phila. Wilm. ft Bait.; lessee to pay tlxed charges, keep road
Stock
In repair and pay bond Interest and 6 per cent on stock.
$250,000; (par $50). now all held by PhiL Wilm. ft Bait, and the Penn.,
—V. 68. p. 4JS. Dividends— in 1891, 40 p. c. in 1892, 35 p. 0.. in 1893,
30; 1894. 15; in 1895, none; 1896. 15 p.c; 1897. 10 p.o.; 1898, 20 p. 0.;
since 6 per cent yearly under lease. — (V. 68, p. 428.)
vilohlsau Ry.— (See Map
1,606,000
3,000,000
1894 500 &o.
1900
7
7
7
7
5
6
5
492,000
390.000
13,736,000
1,000
1,000
1,000
1,000
1,000
1,000
1.000
1,000
500 &o.
Whom.
Payable
Cent.
2,151,600
571,000
94,000
1900
1894
1894 500 fto.
1888
1,000
1890
1,000
1900
Text.
Text.
INTEREST OR DIVIDENDS.
Rate per When Where Payable, and
$2,050,000
6
J. & J.
13,192,000
5 g. A. ft O.
58.000
7 g. A. ft O.
15,000,000 All owned by St.
13,510.000
Q.-J.
* g.
11,650,000
4 g. A. ft O.
$1,000
1,000
1879 100 &o.
1880
1,000
1,000
18S0
1889
1889
-
,
Outstanding
Road. Bonds Value.
Kan.C. toll— 1st ($534,000 gu.K C
B &M.LNB.O*
Kan. City Clin, it Spring.— let M., g., guar >B .o*
Pleasant Hill A De Boto 1st mortgage, gold.x B.
Kansas Equip,
Amount
[Vol.
1916
1925
1907
1,
1,
1936
June
1908
1910
1910
1910
Aug. 1, 1922
May 1, 1928
Oot. 1, 1927
Oot. 1, 1929
Jan. 1, 1905
Boston.
July 1, 1909
do
May 1, 1910
Boston, Merch. Nat. Bk. Men. 1, 1934
5 p. c. pd. Sept. 1, 1901 Moh. 1, 1934
Boston, Meron. Nat. Bk. Moh. 1, 1903
Boston Office.
Aug. 1, 1905
1950
do
do
do
do
1,
do
do
do
do
Bost., Nat. Webster Bk.
Boston, Old Colony Tr.
N. Y., Un. Tr. Co. &Bost.
Bost., Nat. Webster Bk.
Sept. 1,
Sept. 1,
Sept. 1,
In default.
N. Y.. when earned.
N.Y. Mercantile Tr. Co
Jan.
Jan.
Jan.
1,
1,
1927
1,
1933-
Apr.
1,
1950
1927
eld In v otlng trust for 5 years
A.
&
O. N. Y., Merc. Trust Co.
From
surplus as above were piid in 1900-01, dlv. on Kan. C. Ft. 3.
pref. (9 p. o). $247,482; Int on K. C M, ft B. incomes (5 o.c),
$316,863 and 115.000 for improvements; leaving ffnal surplus or
$83,324. In 1899-0) $190,118 was paid on Km. 0. M. & B. incomes,
leaving a surplus over all of $83,735.— (V. 73, p. 236, 391.)
ft
Mem
Kansas City Itlemphls A Birmingham RR.—See Kansas
City Fort Scott
ft
Momphib Ry. above.— (V.
72, p. 438, 675, 732; V. 73,
p. 337.)
RR.—
(See ilfap.) -Projected
Kansas City IWexico Ac Orient
to extend from Kansas City, Mo., to Port Stilwell, Mex., on the Gulf
of California, about 1,500 miles. In Oct., 1901, work was in progress along the entire distanoe from Kansas City, Mo., to Sweetwater,
Tex, about 650 miles, and about 110 miles in Mexioo, but of ihe
latter about 35 miles east from Chihuahua completed. See Chronicle
Pao, completed from Chihuahua
of July 28, 1900. The Chihuahua
to Minaoa, 125 ra., will be used as the southern portion of the line, the
concessions for building the uncompleted portions of which (see V.71, p.
181) having been transferred to this compauy.— V. 73, p. 662. 8ee C.
ft P. statement.
Of the road, 75 miles from Port 8tilwell northeast to
El Fuerte, is expected to bo operated in the Fall of 1901, aod from
Kansas City to Sweetwater, Tex., about 700 miles, in summer of 1902.
Securities.—The company is to issue the following stock and bonds
to cover each mile of completed road and equipment, viz.: $22,500,
first mortgage 4 per cent gold bonds, running fifty years from their
date, interest payable semi-annually (but probably incomes for the
first three years) and $20,' 00 per mile each in common and non-cumulative 4 per cent preferred stock, and in addition $2,500,000 bonds
for extra work In the Sierra Madre Mountains. President, A. E. Stilwell.-(V. 72, p. 1080, 1237; V. 73, p. 82, 662.)
&
RR.—
Kansas City Ac Northern Connecting:
Line from Pattonsburg, Mo., to Kansas City, Mo., 8 miles, and branch from Trimble
latter being leased to the St. Joseph & Grand
to Gower, lO^ miles, the
I., whloh also has trackage rights from Trimble to Kansas City.
Capital stock,$3,500,000 Particulars regarding bonds were In V. 62,p.ll77.
On Jan. 2, 1900, Chas. B. Chappell of Chicago was appointed receiver. Sale was set for Oct. 11, 1901, but in Sept., 1901, a majority
of the first mortgage bonds deposited with the bondholders' committee had agreed to accept an offer of 37 per cent of the principal for
their bonds. The proposed purchase was believed to be in the interest of a combination with the Quinoy Omaha & Kansas City and Omaha
Kane. City & Eastern, making a through line from Quinoy, 111., to
Kansas City, Mo., 250 miles. See V. 73, p. 662. Year ending June
30, 1900, gross, $193,744; def. under oper., $16,792.
An Issue of $125,000 receiver's certificates was applied for. V. 70, p.
1194-(V. 71, p. 29, 863; V. 72, p. 1136; V. 73, p. 494.)
1
City Northwestern RR.— Road Kansas City to Vir162 miles, of which Seneca to Axtell, 11 miles, and South
Leavenworth to Leavenworth, 1 mile, are trackage, and 20 miles,
Summerfleld to Virginia, was formerly the Kansas City ft Beatrice.
Kansas
ginia, Neb.,
Branches, 12 miles. Total, 174 miles. A reorganization of the K. C.
Wyandotte & N. W., foreclosed Jan. 5, 1894. V. 59, p. 152. Entire
stock, $4,016,000 (par *100), and $2,983,000 "B" bonds were pur
chased in November, 1900, by Mo. Pao. Ry.
Bonds.— Of the $4,016,000 bonds, $900,000 are series "A," "pre-
and are redeemable at 105.
Earnings.— For year ending June 30, 1900 (on 174 miles) gross
ferred" as to prinoipal and interest,
$415,709; net,$107,938; other income, $1,246; total deductlons,$190,609; balance, detioit. $81,425. In 1898 9, net, $60,293. In calendar
year 1900, gross, $390,614; net, $77,118. For 11 mos. ending May 31,
1901, gross, $.'65,394, against $360,540 in 1899-0.— (V. 71, p. 1120.)
Ry.— In 1900 the Chicago Burlington A
Kansas City &
Quinoy purchased the property.— (V. 71, p. 135, 698.)
Kansas City Southern Ry.— (See Mnp.)— Operates a line extending from Kansas City, Mo., to Port Arthur, Tex., (thence by It*
ship canal 7 miles to deep water on the Gulf of Mexico), with branches
and extensive terminals used by various roads entering Kansas City.
Miles.
Lines owt.ed—
Miles
Lines owned
Kansas City, Mo., to Belt Jet.. 12 Branches to Fort Smith, De
Terminal tracks around Kan79
Q dncy, La., etc
Trackage— To Gr'd View, Mo. 11
18
sas City
Grand View, Mo., to Port Ar763
Total
thur, Tex
87&
Organization.— A reorganization of the Kansas City Pittsburg ft
GulfRR., foreclosed Mar. 19, 1900, per plan V. 69, p. 1012, 1062.
Also acquired all except $47,000 bonds of the following whose
mileage is Included In the table above under lines owned, viz.: Kansas
Omaha
—
City Suburban Belt RR. (V. 73, p. 616), Union Terminal Co., ConsoL
Terminal Co., Kansas City ft Independence Air Line and Port Arthur
Channel ft Dock Co. Took possession Apr. 2, 1900.— V. 70, p. 584; V.
71, p. 492. In Oct., 1 900, control became vested In the Harrlman syndicate— V. 71, p. 913, 963. In Feb., 1901, Geo. J. Gould became VicePresident. V. 72, p. 338.
New Securities —Of the new 1st 3s, $3,802,500 are reserved for
future requirements. The reorganization plan provided cash to pay
car trusts, $1 ,900,000, and for working capital and expenses of re-
organization $2,150,000.
Voting Trust.— By modified plan both classes of stock will be vested
for five years In the following voting trustees: E. H. Harrlman, Geo.
J. Gould, Otto H. Kahn, John W. Gates, Herman 8ieloken, Louis Fits-
^
October,
RAILROAD STOCKS AND BONDS.
1901.]
73
MAP OF THE
i
KANSAS CITY SOUTHERN
C 0/ N
SJff
Camp Douglas
Fronton
RAILWAY.
Wt1* Cros5e~-\ \^
fond
\
du',
Lac}
/
nkiou
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"5-W£tT \"
SV\Onawih
<$>
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SciiliiioF"
2ouncil/Bluffs_
Burlington'}
Chat'iipaii;n~
:iwathal
Decatur/
\CubaS
Eanko&v
3yde
Btloit
.ton
jl
MiltonvaV
Leave
Kanha
klexico
/Clark
Sedalla
M<|rvrUi\
nil
ArAoret
y/
^ifClinton
rlorlon/
O
v^
$,
)^1\
Madison
->»__~T!r*?J-"^
JEFFERSON CY.
Versailles
\
V.
mump'
r\
itralia
Pacific..
Cub Vi$"*
RichlancLo
X
\ Osceola
C'
Bismarck!
/,
P.TTSB.URG
Kuivelon
/$>
—-^A
(
I
^SPRINGFIELD
jfcanaoa City
-£v\
^ett
F"
Mcdfordji?'
K.
V
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Chadwick
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spiboC
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SMITH
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j»-£i*™S°"l<Y
rf
Newport
Jackson,
.
Middleto'
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Corinth
&*HCamild
T/O R /Y
'Atoka
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'i
oily Spniij.
Spnn^.UTTLER^J
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New
J
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ham
Dequeen
HOP.ATIOH
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r
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"
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'
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Meridian
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'
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foe quinccv
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\
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^
X
i
UNVESTOKS' SUPPLEMENT
7«
[Vol. LXXIII.
Subscribers will confer a great favor by giving Immediate notice of any error discovered In these Tables.
RAILROADS.
Por explanation of oolunin headings, Ac, see notes
on
first
Date
A
City &. Jo eph ef Council Bluffs —See C"IC. Btrl.
San. Cut, S'lhurom, Kelt— See K w-vs Cirv SOUTH BBS R
it^i
Wmlkmtd (hdf—lei
Ottm
u-ky Central— See I.ortsvn
.1
J»v
<f /
u
1890
19
162
He* Uoinr* Preferred stock, 8 oei (."oiit
162
BLI.AF
B"
1st niorurage, interval guar.
£eok k d Baif.lU/m lliuiae- 1 st niortira. e
Knraunet ©re** Hay •! Western— 1st mortgage. I'.c
113
^i gstoi, d fembitike— 1st M., gold
69
£nojT. rf Ohio— 1st M., sold, guar, bv rent Ce.C'AJ
lake #•>!» .i He.«rer<.— Coin, stock. $20,000 p. in. 725
725
Pref. stock. 6 per tent not cum.) ($-'0,000 p. in.).
725
< <• 8*
1st
uftjrage, ($10,000 per mile) gold
725
2.1
rt.. tm $3,625,000 [85,000 p. in.) gold.Ce.o
Lake Shun .1 Mirliif/nii tloitthfi
BtOOk
Guar ID per cent stock (Mich. So. & No. Ind.) ...
oAr Q59
I fiMMtl. •_'(! inert,
do
o* *r 1,000
Mort gate. $50,000,000, gold 1 s
55
Detroit Monroe A- Toledo 1st mortgage, guar, e
37
Kalaniuzo & White Pigeon 1st mort.. guar.I'n..c
41
Bat. ct Jb Stur 1st M.,g.,guar. p. & (.(see M.Cen.)
36
Bturgls Goshen A St. L. 1st mort., g., p. A 1. guar.
<*
C
M
•
.
i
1873
1897
1876
1890
1889
1889
'
E.KMM*-
Gross, $767,900, net $184 962
S /1901
97.654
Gross, 715 nil; net,
Aug. 31 S 1900
Statement for year ending June 30, 1901, in V. 73, p 723, showed:
Hal., snr.
Charges
Set
(i oss
Ynir
$4i8,866
$1,2*9,-68
#790,902
$1,75 >,0«6
1900-01
683.406
4,098.070
1899(0
DIKKOTOR6 Pres.. 8tuart R. Knott: Vicc-Pres.. G. J Gould; J.
W. Gat re. John Lambert, of Chicago; Edward H flarriman, Otto H.
Kahi Georne J. Ui u d. Eowin Gould, Laurence Greer, of New Yo k;
John J. Mitchell, ol Chicago: William F. Harrity, of Philad- lphla;
Julius W.tlsh. 8. W. Fordyce.H. C. Pierce, of St. Louis.— (V. 73, p. 616,
to
1
,
Dividend.
J.
&
See V. 73, p. 32.
J.
Jan.
1930
1,
A
Louisville.
8.
March, 1911
O. N.Y.StandardTrustCo Apr. 1, 1950
i
J.
J N. V., Central rust Co. Jan
1
i»20
See text N Y., Office. 13 Win. St -ent l.'Ol. 1%.
\L
A.
&
do
o.
do
A.
A-
A.
& O 62 Cedar St. As earned.
& D. N Y.. Office 40 Wall St.
& J. N. Y.. 45 Broadwav.
& J. NY., J. P. Morgan A Co.
J.
J.
J.
&
A
A.
D.
1928
1890
July
1921
1912
1925
».
t
1,
1,
line 1,
Jan. 1,
1,
J.
A
A
&
&
A
A
April
N.Y. Office. Gr. Cen Sta l'lyl5,'01,S%
J. N. Y., Chase Nat. Ban*
Jan. 1, 1937
A 3
do
do
Jul5 I. 1941
A J. N. Y.,Grand Cent. Stat'u riy29. 01,3>§
,
F.
J.
J.
F.
J.
J.
J.
&
do
)
do
Coupons
Gr nd
at
(
Cent, sta'n. N. Y.
Registered int'st on
2ds by Un. Trust;
on new 3>s8 by
U. S. Trust, N. Y.
D.
A.
J.
D.
D.
|
'
,
i
I
Mig.l, "01, 5%
Dee. 1. 1908
June
1,
1,
1,
1,
1,
Aug.
Jan.
Deo.
Dec.
1997
1906
1940
1989
1989
tend from Knoxvllle via Corryton and Bean Station (including 28
miles of present line) to Bristol 120 miles, with branch Bean Stat'on
to Morrlstown (remainder of present line)
Reorganization of Morrlstown A Cumberl nd Gap KR sold under foreclosure in Feb.. 1898.
V 6-.. p. -lo. Stock authorized +l,'Oi>.ooo
In Apr, 1898
nade a
mortgage to secur b'«nds to be issued at $20,000 per mile. President.
Henr>
Braker loo William Street. New York; Treas., J. B. Foster,
Prov 'dence, R I.— (V 6*>. p. 810.)
Knoxvllle A Ohio
Owns Knoxvllle, Tenn., to Jellleo, I'enn.,
and braooh, 69 miles 8took, $1,122,200. par, $1 00 Southern Ry,
vwns *l.ll«,300of the stock, of which $1,111,300 i a pledged under
its consolidated mortgage of 1894.
.Earnings now included In Southern Ry.
.1
BB.—
Kootenai By
l.'.Ue icric A
Ac
Navigation.—V.
Miiuee A
U
I
V
71, p. 342
p. 18 1, 784.)
.— (V. 70, p. 739; V. 73,p. 616.>
heel o«
69, p. 80;
It It
.— V
73.
(
Lake Krlc Ac Deir It Blver B
rie
Lake
A Western Ballroad.— Road— Owns
»
Sandusky, O., to Peoria, 111., 420 miles, and branch to Minster, 10 m lee;
Indianapolis to Michigan City. 162 miles; Fort Wayne to Conuersvllle
and branch to Rushville, 133 miles; total owued. 725 miles, of whloh
701 steel; leased from Oct. 1. 1895, the Northern Ohio BK„ Akron to
Delphos, 165 miles; total operated, 890 miles.
History, Etc:.— Formed In 1887 after foreclosure of the Lake Erie
A Western Railway (SeeV. 50, p. 590.) In 1899, control passed to the
Vanderb'lts, and (in Jan.
1901, the Lake Shore A Michigan Southern
owued $5,940,000 common aud $5,930,0
pref. stock. V
l,p 1269.
Div. since '89 ) 18n0 '91 *92 '93 '94 '95 *96 '97 '98 '99 '00 '01
5
5
on pref.—
4
(4%
Dividends suspended in 1899 on account of advances to Ueveland A
»
723.)
Kaii»as CilJ Pittsburg & Gulf KH.-SeeK.C. Southern Ry.
K*ii»m» < H) 81. Joseph & Council Hlulls KK.-In 1900
absorbtd by hlcago Burlington A Quincv.— iV. 70, p. 1048.)
Khiiomp- (11) suburban Belt UK.— See Br/PPLKMBHT of April,
1900. ami Kansas lty Southern Ry.— (V. 69, p. 1346; V. 71, p. 492;
(
i
7;-s,
h<
Bojirfji— PrlnoV
oal.Wfien Due.
by Stocks Last
N. Y. Central holds $45,289,200 of this.
L»TKt.T
inns.. July
St.
5g.
1.000.000
5 g.
See text
4 g
200.000
6 g.
1.524,600 See text.
2,750.000
5
1,000,000
8
378,000
5
572.000
3 g.
2,000.000
6g
11.840,000
11,840,000 1 in 1901
7,250,000
5 g.
3.625,000
5 g
100 Z 49,466,500 7 in 1901
100
533.5O0
10
64-1.00O
1,000
7
l.OOOAc 42.93-..0O0
3»« g.
924.0O0
1,000
7
400,000
1.000
5
79.000
1,000
3 g.
322,000
3g.
gerald ami Jume- Btlllman. The voting trustees may, in their discretion. di liver the stock at an earlier date.
I.sTKKfST Chakoe.— The annual fixed interest charge are $785,925. against *1.1>4,« 00 under the former plan of the, Philadelphia
Comunu. e. (Me V. t>9. p. 384. 440.)
V.
$1,967,400
1881
1.000
1900
iyoo 100 Ac
100
1878 100 Ac.
1.000
1869
1891
1,000
ISS2
1.000
1885
1,000
100
100
1887
1,000
1891
1,000
'.
Istooiw-ol.
Keokuk
$A*
A Nashville
K.A 1 B -t M ,»; .assumed..
ffff.
mortgage, $2,500,000, gold. ... « e
Kh. n>*/.-ist M.. ». 00.000, g., call at par.Oe c\w£>n
INTKRK8T OR DIVIDENDS.
Outstanding Rate per When Where Payable, and
Cent.
Payable
Whom.
Amount
QniNcr.
v.
98
mort., gold.. F.o*
i
Par
Road. Bonds Value.
ya^e of tables.
Kansas
Kansas
81ze, or
of
Miles
of
6 6
J.
Louis Iron int. A: south. Ky.— See Mo. Pac. Rt. System.
much) A Indiana Bridge a Kal road Co.— Owns steel
i'inU'1 over the Ohio River at Louisville and 5 miles of railroad between Lo nsville, Ky.. and New Albany. Ind.. and 5 miles of
belt line u I-oiisville; also owns IjOiiIr. A New Albany Ferry Co.
and N Albany street Car Co Sneoessor ou Jan. 31, 1900. to the
Kentin k\ A Indiana ridge Co., pui chased in foreclosure subject to
foe* ,<>(><>. hi -u Ural lnortgnge. The Southern Ry., B«lt. A Ohio Southwestern tB A <>) and Chicago Indianapolis A Ixiuisv lie own the
Of the $2,P0i'.000 first
$75,000. a)>i h1 -Mick: jar of share ,$i00
consoi js. $1,000,000 are rescued to retire the old 5s at maturity and
$500000101 Improvements and betterments. V. 71 p 49^.
EAHMiaee.— For year ending D c 31, 1899. gross, $278,610; net,
H<azett.
$120 « 5. President H. B Spencer; Sec and Treas.. H.
Gen. Mgr.. B. 8. J .seelyn.- (V 7o, p. 1249; V. 71, p. 29, 287. 342.)
Kniiii(k) \%e»lern K > .— Blacktord, Ky to Dixon, 1 miles,
complete ian 1*2,1801. In June, li'Oi, ihn Keniuoki Midland By.
wa« ini oipo'Hted, with $500 Ooo stock, to extend the road from Dixon
S'ock. $i0o,000. all outstanding, was auo mile
to uwt-iisboia
thor17.nl in Mii\ liioi, to t e in reased to $ 0O.0OO. pai or shares. $loo.
Bonds are lubject to call at par on any intei est day For 3 hioh.
President. Irving
end'iii. Mar. 31, 1 9<>1, gross earnings were 4-7.982.
H Wheatcroft, Klai ktord. Ky.; Sec. and Treas., F. A. Sielert, Dixon,
Ky.- |V. 72 D. '-'T, !»88.)
Krokuk a Dfk Iflolnea By.—Owns from Keokuk, la., to Des
Moiner.. a.. 1 t.'J miles. Leased for 45 years (Tom October 1 , 1878, tO
the Chicago Rock Island A Pacific Railway, the lessee to pay 25 per
cent at tbf icross earnings, but guarantees the interest (not the prinOtpuli on tie i.omls. tttoek Is $l,5-.'4,«>oo 8 per cent preferred and »2,
6<.i>.4<m. eomiiion ijiar 8100), a majority of which is held bj the lessee.
1-9:1.
1894. 1895. '98 to '98.
18 9.
1900 '< 1.
Divii.km.-..-
cantllevei
I
,
44%5555
02
<
New
Castle Ky., weie resumed In July, 1900.— V. 70, p. i29l.
Bonus.— Abstract of first mortgage in V. 46, p. 45; of 2d mortgage In
V. 54, p. 444. ouarantees $2,500,000 5s Northern )hio. which see.
Earnings.— For 6 inos ending Jun« 30, 1901 (partly estimated):
"Vtt
Ghaiaes.
Vir un rref. hal.,sur.
Gross.
H rnos.
<
1901
19
$511,520
738.396
$2,153.32
1,095,864
...
$271,875
271,875
$2Mr-
v00
$2,845-
.36.800
229.721
.
.
.
,
•
;
^
/
None.
50 ots RO Ota.
1
Rental In l8»ft-«. *1 39.521: in 1896-7, $137.^00; in 1897-98. $144,855: mis'.'- .-144.875; in *!»9-00, $1 '9.008.— (V. 68. p. 772.)
On
prei
p
.
c.
95
2-4
i
ct*.
90
cts.
1
Hco-
A MhuiIIioii Bridge Co.— Own*
bridge across Mlsrailroads and fool pa-sen. ers. The
aiiieprpeit) « as or'i iually leased to fi ur coui.aiiie-i. hut only two com
'eona
panic- now. use 11 these In 11 g the Toledo Peoria A Weste 11 and the
On jiidgtu nt of
Hi-i aiding gnarai tj
see V. 59. ji »«
,;,-h
Wai.;
••*
River
(il--li)'i
at
Keokuk,
la., tor
lOllicted; on judgment of 189» $14 ,000;
]»_, $V0:-t,nO0 h-.s !•«•
Mock, $l.0o0,801 , «14v.0O0 wa- awarded. V. 2, ,> K2I
Apr
oupoiisare In ilefault but mortgage has never In ell
00<>. J'ar «-HH)
for- closed, and |«nl of overdue inteie-t is paid as earnings permit,
sid wa^ No. 3*i, due nt. 1 1 •<-*
l^ast coupon
iBHIMM V'-ar en-Mng .lime T^O, 1900, gross, $<5"6«; net. $22.In 1*98-9. gross
27^: toial deOucti ds, *22 *.i2; bal.. del., $553
President, Andrew Carnegie. Treas Theoi,ei
,fJ5,37
t.r,
'.llmaii, 6-^ C.dar St.. N. V.— (V. 71 p 135; V. 72, p. 821 )
HeoUuk A \*c»icru Kit. — In 180!) a> -quired by C B A Q.
Can., to
K I nu -ion A ' Pembroke B) .—Owns from Kingston, Out..><!i9 was
the an. Pac., 104 mlle~; branches. 9 nil!)-* In
Berifrev
... r
67. p. 274. b\ which «l,ooo,oOO (par
In V
plan
reorganized
BOB-eum. stxk (V 67, p 1309; V f.H, p. 180)
)•
$50) first pref
Mi.ooo s- coi.ri pref. 8 p o. stock Issued. tiiDttniit .i«bt paid and
ann f-1
In Aug 1901. Hie Cm adlan Pac.
"ii''» reduced to H p c
lnt»-re-i on
R> purchased oi'tiol (V 73, p 445) <oniinoii slock, 42.5OO.0O ; par
Hr»t dlvonlsi pief., 1 o. c. paid April 2,
$50- Issued, #2, O..000
Year enrttug l»««-, 3i, 1WH, gross, 416-4. «8;
1901 —V 72, p 48int.. $17,160. dlv on 1st pref il p. c paid April, 1901,
nel »3«-,o9
V K* p. 130,927; V. 2. p :-i38 4*0; V. ,3 p -U5.)
flO.Ooo
Knoivllle A H' Isiol BB.— Mornstown Tei n.. to Sorry ton via
Tate Spnnxs (Beun Station), 40 miles. Road when completed to exi.
in
.
1
Operating expenses in both years include expenditures for new
equipment, construction and betterments.
annual Rkhirt.- Annual report to 1900 whs given In V. 72, p. 819.
The traffic is well distributed only 8 per cent being coal.
1 897.
1899.
898
1900.
Tear end. Dec. 31.
$4,2-4.780 $3.7K7,;501 Clianve in methods of
G-oss earnings
1,5*8.190
a counting Increase
1,546.987
Net earnings.
1-5.-79
gross
in
1899
187,69
Deduct taxes
over two
543.750
5 1 3,750
previous
I te rest on bonds
IOo.ooO
105,000
j ears w .h over $300,No. Ohio Int. guar...
000 yearly
in net
(4)473.600
Dividends
about $170,0 '0.
$744,561
Balance, surplus. $242,568
1
i
i
.
i
:
Of the surplus shown above for 1»99, $543,417 was expended for
new equipment..- (V. 7l,p. 1407, i26il; V 7<S. p. 675, 819. 1237.)
Lake Shore Ac tllchiyan Southern Itiii wa ) .— see. Hap
The
2V r. Oen mi /-Operates from Buffalo to Chicago with hranches.
i
i
main lin* (540 miles) includes 26 miles between Toledo and Palmyra,
M'ch. under lease from the Erie A Kalamazoo.
Koad owned
Miles.
directly.
Leasr-d,
1
1
i
-s-
*
r this
Oo.]
Kalamazoo A. A U. R
327 Jamestown * Franklin
Sundry branches
Central Trunk
Entire Stock 'turned.
Detroit A lileago (see below), so Mahoning Coal RR
55 Erie A Kalamazoo (26 m.)
Detroit Monroe A Toledo
Kalamazoo * White Pigeon... 37 Detroit Hillsdale * S. W
Buffalo,
N Y
to Chicago.
,
111.
Allies,
50
.540
51
5
47
<
Wayne * Jackson
Northern Central Michigan
61
Fort
Sturgls O.
36
Elkhart
A St. L
Text.
65
98
fl
...II
A Western
11
1
1
I
.
,
m
1
.
1
;
>
<
Grand
tot. oper.
Jan.
1,
"01 1.411
Of the main line 513 miles has double track. By control of V1ok«l
Plate"the Lake Shore has still another line from Bntlalo to Chlcairo.
Operates Dunkirk Allegheny Vail yA Pltlsbur*. Duiikiro. N. Y to
THusville, Pa 91 mile-, riuce Oct 1, 1901, f r account of New York
Central -<V. 73. p 663
OKOANiaATioK, .v.c. a oousolidatlonon Aug. 16. 1869. The N Y Ck. A
St. Louis (Nickel Plate) road has been controlled by ownership of
stock since 1882, Lake Shore now owning $6,240,000 of Its common.
#6.275,000 of Its 2d preferred and $2,503,000 of Its 1st preferred stock.
The company also controls and leases the Mahoiilnv 'oal RR. Isee Lake
Shore "Sjstem" below) and owus (besides the entire stock of the proN Y. C * H.
prietary Ines) $2.05o.oo<- Pittsburg A Lake Erie stock
fc RR. in "99 had acquired over nine tenths of the capital stock of
the L-ZkeSho e, as stated below
#27 9S9,3I0
In 1 >«I0 the coinpai v purchased $11.-2 i.OOo of th
hie. A -«t i^mls co'iiiuon stO'-k and - ,M40.iH)0 of the
(Tlevelaud Clu
$11 840 0' Oco nuiiiD and $5.M30.OO0 of the Ul 1.840.000 Lake Krle A
Western preferred stuck, bjlng the entire holdings ol the VanderbUt
.
.
)
'
I
;
October,
KATT.HO AD
1901.)
RAILROADS.
Mich. South'n—iOonri uded) —
ttr. Rapids stock, rental guar
1st mortgage, guaranteed I'll
Erie A Kalamazoo (I'sed) st'k. Toledo to Palmyra
Lake flauri System Mahoning Ooal RR.— Stock..
h.al.
Date
Bonos— r riucl
INTEREST OR DIVIDENDS.
pal. When Duo.
Rate per When Where Payable, and by stocks— Last
Outstanding Cent.
Payable
whom.
Dividend.
Size, or
Amount
,«•
8
,
2d mortgage, gold
18tft>
1893
42
63
-
1SSI
20
...
Pre(. stock, nee text
1st M .Youngs to And..ete..guar. p.Al.(end).l'iic
L.8up >{ Mp—m. /'v.— 1st M..$l. 200.000 8 .s.f.K o
Lairtincu,'), Terminal Wv if- Bridge— 1st M., g.i ••.
C^AiyA ^ Had. Kirer-lst M.,g..lnt.red c'dto5p.o.C'o
issi
Warwick Valley 1st niort., extended In 1900 Oe. Text.
22
8doiorunge.Ce.
63
L A Hud K licn.M. $3,000,000, g. (see text Oe C
<few
<t
Lehigh
P
SngVd— I stM..$l. 000.000, gold
-Stock (9106,800
and r.. ext In goln In 18i»8..<JP
Is 1«> p. c. i»T. «-
titll-i,
»
1st mortgage,
2d mortgage
Conso, wort
c.
<i
101
101
coup. A rag.. $4,762,000 4»«s.o,tr
461
$40,Ooo.OOO, s annuity, $2,338,000 are 4»«n
\
Mtge. and Coll. Tru-I. g„ callat 107^.. .»• P c\u
Lehigh a N V 1st M.. g., guar, p. ,t 1. JI 1>. o\tr 117
Leh Val. »f X.Y.. 1st M .. g.. gu.p.A l.(en<L)UPo*Ai 888
31
Leh. Val. IVr., 1st M.. gold, gu. p. A t.. end .«'« o"«fer
.
>
KP
.
\mbo\ 1st M.Kaston to P.Amboy. gu.
Easton A N •.. 1st M. gold, guar by L.Val.t. Po\tr
Middlesex Valley, 1st mort.. $600,000. gold. Ce.o"
Penn v S. V Can. A RR. -1st m.. cudors u**r.
Consuls (seetc\t> guaranteed p.A l.(eud.) «»Pr
East, mi v
60
,
12
22
.
st pref. mort.. gold Ceo*
Klniira «'ortl'd & No
1st M gold. «uar. p. & I. (end.). Oe
Oana.No.lst M.. g.,gu.p.Al.by E.C.&N. <V.66,p.82>
1
.
119
119
IS^H
1,000
50
50
50
IS-;?
1.000
1,00.
1,000
1,000
1.000
1879 500 to.
1880 500 Ac.
1890
1,000
1895
1,000
50
1868
1.000
1S70
1,000
1873
1,000
1873
1,000
1,000
1897
1*95
1,000
1890
1,000
l^.i
1
18S.J
1884
1886
1
1
.
663.)
Lake shore System.— Itlalioninj Coal RK.— Owns
from
and branch, 50 miles. Leased in per
Lake Shore, which Jan. 1,
1900. owned $865,900 common and $399,500 preferred stock.
0.,
petultN for 40 per cent of gross earnings to
DlviDfc-.Ds.-y 1**9.
'90.
'91.
'92.
'93.
'94.
4ij
'95 to Aug., 1901.
Onooiumou.
8>2
8
8 10 (Feb.7%.Aug. 3%)
(4Vd 5
The preferred stock certificates are 5 p. c. guaranteed and contain
a clause making them redeemable at par ai option of company,
For 1X9 '. rental, $3 "2,860; surplus over int. and 10 p. c. on com. and
5 p. o. on pref., $79,997. Dj 1897 reutal $280,474.— (V 66. p. 8»7.)
iLakr «ui'erl'ir & Inhpetnlnu Ry.— Mirquette to Ishpeming,
Mich., 20 miles; lea-es 1 mile, total, 21 miles Stock, $1,0 0,000;
par of shares, -10<). Bouds are subject o call forth-* slnkiu.- fuud by lot
at 105 ami interest
President, Wm. U. Math-r, leveland, O Treas..
W. U. eol ock; OBioe, Cleveland, O.— V 72, p. 1136. I .87.
,
Laramie Halm'. Peak A Pacific Ry.—V. 72, p 988.
Lea*
n ... to
e uiliial Railway A Rrlrtg.-.— Owns
.
11
|
high-
way aud railroad bridife (opeued Jan. 1, 1894), 1.110 feet Ioiik. over
Missouri River at Leavenworth, Kan., and valuable terminal property
The mor'gage contains a sinking fuud provision. KanIn that city
sas City St. Joseph & C. B. (Chicago B. <fc 0./ and Chicago R. I. A P
use the bridge at au annual rentaf of $16,000 each, uuder a 30 year
oontract rttm 1894, and Chicago <n. Western from Mept. 1, 1895, for 30
years: rental $14,250
For year ending .lime 30, 19ol, gross, (5ftl f K78;
net, $37,779; int, o-. bonds, t3 J.OoO; bat., sur., $7,779. Capital stock.
$600,000. -<V. 9 p. 494.)
Lehigh A Hudnun River Ry.—Owns from
Greycourt, on Erie
J., on the Pennsylvania RR., 63 miles. Proprietary
Oranue County RR. (entire stock own-d— no bonds Issued). H miaou Junction to Marhrook, NY., on Ce>,t. » .E. Ry. Pou*thkeepsie Bndtce)
RR., to Belvidere. N.
lines-
(
13 mUee;
S.
&
fc.
P.
Penn RK, Be ldere
The Central RR cf
road. -V 68. p. 568.
>
RR.. PhilUpsburg to Easton,
mile; trackage
90 miles
Nav. Co. control the
1
to PhillipshurK, 13 miles; total oper.,
N. J. and Lehiuh Coal &
Stook, $1,340,000; par, $100.
Bosos. -vVarwiok Valley 1st aort oovers 15 miles of road; 2d mortgage covers 22 mtles aad bonds uature April 1, 1912.
irt. ts for $1,000,000; of the $1. 124.000
General
oat, $1,062000 are guarantee 1 joiiirly, pnu. and Interest, by the :ent.
•fN. J and Leh. Coal a Nav. 00. An additional $1,535,000 are re-
m
<
RR
4
g.
7
4»*&6
4ia & 6
5 g
4 g.
4 lag.
5
g.
375,000
5
7
g.
5
4, 4ia,
6g.
§*
6 g.
See preceding page.
Oct 1901 '
do
do
July 1. 193?
N.Y., Treas., 24 Thorns. Aug., 1901. S%
,
A A
& A
A
A
A
A
do
1
D.
& 8.
& D.
A D.
&N.
& 8.
&
&
&
A
&
&
&
&
&
do
Exoh.
N. Y., Nat'l
Bank, and
A O
& J.
& J
&
N. Y„ GrM Cent. Stafn. All? 1,'01,3*%
N. Y., Union Trust To. J ly,'oi,ai«%.
N.Y.. Farm. L. & Tr.Co.
N. Y., Central Trust Co.
A
A
A
A
5-
4 lag.
1,500,000
8,500.000
750.0O0
1.250.000
300.000
Qknekal riNANCts. — Nothing nas been charged to construction or
equipment account siuce i883Tthe outlays charged to operating expenses for ucw eqiiipineut amountingin 1900 to $2,267,8 5. and in 1*9
to $1,865.8 7 and for construction to $Tll,!il8 in l*O0 against $^34,Profit
073,lhe*e items belnif exclusive of expenditures for renewals
and loss surplus Jan. 1, 1901, $11,248,633. Low grade- permit large
avemtce for IvOO, 55 tons, against 42 in 1899
train loads
In June 190 ,#3 ,711,000 of the $4 i,192,oO0 7pen entsdueln 1903
and earlier and outstanding in June. 1897. had been retire! aioi
842.93',0O0 new 3vs issued, fixed char«es beinkt reduced $1,062,000
per annum, or ever 2 per cent on the capital stock.
In Feb.. 18-48, a majority of ti'ecapital stock was purchased by the
N. Y. C. A II RK., w liich uave in exchange it-< 3*a p. o. bonds at the
V. 66. p. 288.
In Apr, 190 1,
rate of «2<H) in bonds for $100 tn stock
$45, 189, 2O0 stock had been exchanged. V. 69, p. 1237.
Earnings.— For 6 mos. ending June 30.
>v,'».,.s
uihr.r -nc.
Set
Int., tax e'e,
BaL. mc.
6 mot.
$517,877 $l,-<6-,*77 *3,76i,42i
1901. .$368^,218 $5,114,422
5,044,730
U3.886
1.053,786
1900 .. 12.7JM.3i2
3, i34,830
AJTCUJAL RtPORT.— For 1900 was In V. 72, p. 87
DO).
1899.
Tear en-t. lie-, dl—
1898
$26 4H*v5'4
$23,613,9 46
Total trross earnings
$20,753,683
17 ,30 7.7^5
15.h32.U6
I3.92X.02
exp. A taxes
Oper.
Net earninKS
$9 158,719
$7,781. 8<>l
$6,82 .,66/1
9.90S.340
Net, lncl. oth. income
$8,157,857
$7,172,472
Rentals paid
9 3.47
732.488
656.489
Interest on debt.
$2,273,312
2,314.753
2,43^,410
53,3
5-, 350
53,35'
Dlvld's on guar, stook
(7)3.462.655
Dividends
(7)3,462, - 55
(7)3.462.655
$3,195,7"6
Burolns over dive
*1,594.611
*56o.5«8
-(V. 71, p. 1311; V. 72, p. 83, 87, 438, 870, 988, 237; V. 73, p. 391,
Andover,
2,000,000
15,000,000
10.000,000
6,000,000
51.000
1.000
1.000
.
t«
7,90(1.000
1880
1895 500 Ao.
1892
1.000
1866
1,000
1SSS
1.0O0
in these companies, the whole at a cost of $1 2,9*«*,(»8 , of which
6,942,00'' was paid fro n su plus earnli gs in 1899 and 1900, leaving
t8.OO0.OO0 to he paid in the future V. 7i, p. 1269; V 72, p. 870.
Diviuh.t.us.-8luce/ 1888 '89 '90 '91 '92 *93-97 '98 '99 '00 1901
7
5
5 6ia 6i« 6 y'rly 6«a 7
7
P ("t. \ 4
L887
The oonsol. mortgage of 1897 (United -states Trust Co.. N. Y., and
John T Dye of Indianapolis, Ibd., trustees.) is for *50,OOO.000 of 3I3
per cent wild bonds, tax free, authorized to retire the nnvural is-ues of
7s uiatiinuK trO'U 1898 to 1903 (sec al»lra. I in V. 64. p. 1188)
amounting to $43,192,000, and the balance, $6,808,000 for use in re
fnndiuK said bonds and for geuerul purposes of the company. The
mortgage covers 8*29*54 miles of main line and brauoliHS— a considerable portion i>ein* «lout»le tracked and 18111 miles of leased lines.
To Oct 190 1, $40,. 60,000 of Jias had been Usted.— V. 66, p. 1140; V.
68, p. 1182.
Gcar\nties.—As to euarantles additional to those shown In table
above see Detroit Hillsdale A S. W. and Fort Wayne A Jackson.
Youngstowu
40,44 1.100
o.OoO.OOO
6,000.000
10,400,000
12,4' 0.000
1,000
1,000
roads
;
610,000
595
840,000
5
300.000
10
1,500,000 10 In 01
661,850
5
1.500.000
5
800,000
6g.
600.000
5 g
80O.OO0
5 g.
164,000
5 g.
4»«(6)
145,000
210.000
6
1,124.000
5 g.
431.000
5g-
$100
58
58
26
43
43
43
AUegau A
Uh\gh
7*
•
MUM
of
of
Par
For ep lanatlon of column headings, Ac., see notes
Road. Bonds Value.
on first page of tables.
Lake* Shore
AND BONDS.
STOCKS
J.
O.
N.
N.
N.
D.
O.
O.
O.
J.
I
Flrstl
National Bank,
July
Jan.
Jan.
July
July
July
1,
1,
1.
1,
1,
1,
I,
1,
Apr
Warwick, N. Y.
July
July
1984
1926
1923
1911
1917
1011
1910-
1920
1, 1945
1893
Reg.atotnee; ep.Bk.N.A. June 1, 194S>
Phlla. Of., 228 So. 3d St. Sept. 1, 1910
Rcg.at otlioe;op. Bk.N. A. Dec. 1, 1928
Phlla.. Of., 228 So. 3d St. Irredeemable.
Philadelphia.
May 1, 1997
Phil., Leh Val.Of.&N.Y. Sept. 1, 194C
N.Y.,Merch.N. Bk.&Ph. July 1, 1940
do
do
Oet. 1, 1941
Phlla., Of. 228 So. 3d St. May 1, 1920
do
Nov. 1, 193C
do
N. Y., Central Trust no. Nov 1, 1942
Phlla., Bk. N. America. June 1, 190fc
Phlla.. Lehigh Val. RR. Apr. 1, 193©
do
do
Apr. 1, 1914
do
do
Apr. 1, 1914
do
do
July 1. 1906
Phlla.,927 Chestnut
St.
,
served to take up prior Ileus and $330,000 for extensions or aoqulsl
ilous of couueotiu*: roads
See form of iruaranty, etc.. in V 67. p 788.
L\Thst E.vrninos.— For year, eniiing June 30. 1901 >not including
Ora> *re County RR), gross, $414,029. net. $175,640 (against $234.21 >
in 1899-00); nxe.d charges, $137,283; bal., sur., $3^354, against.
$9 ,982
annual Report.— Including Orange County RR.— V. 71, p. 9«1.
Mel.
Int., tat, etc. Bal.,$nr:
Tear end. .tune 30.
Hros*.
'900
$487,749
$235,254 $14<.2"1
$91,983
1899
211,050
64.956
458,750
146,094
GrinniU Bnrt (deceased) was President, N. Y. City— <V. 71, p. 961.)
Lehigh A New England
Operates road from siatlngton,
Pa., to Campbell Hall. N. Y., 96 miles, of which two sections, aggregating 6 miles, belong to other companies, leaving *i0 miles owned.
N. Y. Susq & W. operates New Jersey Division (Campbell Hall to
Haiu-sburg. 61 miles) and Lehigh Valley RR. operates Peunsvlvanla
Division (Halnesbiirg to SlatinsMon, 35 miles.) Bran-h from Wind Gap
to Nazareth. Pa., 10 miles, was expected to be completed Oct., 1X01.
History. A reorganization July 1, 1895, of the Pennsylvania,
Pouifhkeepsle & Boston, sold in foreclosure Deo. 14, 1894.
SBOIfEITIKS.— Stock is $1,500,000, par $50. Mortgage is for $1,000K000, of which $5h9,0(»o for improvements and exten's
(V. 62. p. 134.>
Loans and bills payable June 30, 1900, $101,50". There were also
June, 1900, $7 ,000" collateral trust bonds and $20,<>0<> equipment 6a.
Earnmgb.— For year ending June 30, 1900, gross. *«8.22<: net,
$25,7^6; charges. $34,085; balance, deficit, $8,359. (V. 73, p 138.)
Lehigh Valley
CA'ee Map)— Main line, Jersey <*ity, N. J., opposite N. Y. City, to Buffalo, N. Y., 442 miles; branches to AudenrTesd,,
Tomhicken, Hazleton, Ac, 751 miles; Lehigh A New York RR., 115
nines state Line & Sullivan Railroad. 24 miles; total main line, 1,332
miles; branches, etc., 846 miles. Total system 2,178 miles seoond
track 569 miles. Trackage: Penn. RR., 13*6 miles; N. Y. Central, 15
miles; sundry trackage. 34-8 miles.
History. Etc.— In March. 1897, arranged with J. P. Morgan A Cow
of N. Y. for a gene>al rea ijustment of fin inces, including the holding
of voting power for a large b ock of the stock.— See V. 64, pi 517,
754; V 68, p 474
or list of securities owned, see V 66. p. 187. ln=June 1899 1, p Morgan & Co. purchased ab -ut 7 ,,oo shares f stock,
being one- half of the h udugs of the Asa Packer estate, and in Jan.,
1901 'he emainiug half, tnese, together with other acqui-itions. plaoiug thetu in practical eonlrol.—V. 6*. p. 1226; V 0, p )0i9. V 72, p».
87. In 1901 representatives of the Erie, Lackawauua, 'eniral of New
Jersey, Reading and Vandorbilt Interests entered the directory, bat
the pri perty will continue to be operated Independents, thougu te,
harmony with the other anthracite roads.—V. 7 i, p. 137, 391
Coal Property.—The Lehigh Valley RR. Co. owns 3.6D/ acres of
ooal lands and all the ($650,O<»0) stock of the Lehigh Valley Coal Co.,
which in December, 1893, owned anthracite coal aud surface lands:
Total acre*.
Ooal acres.
hxt'd. yield.
Owned in fee
15,217
7,242
124.000,000*
Perpetually leased
8,123
5,741
111,000.000.
Term leases
1,708
1.708
47,0«> ,,iK>e>
ontrols through »tock owred.. 9,229
5 '.•0O.0O0>
4,519
Collieries 54, dally capacity about 30,000 tons. (V. 62, p. .>t>4.) Toe
Hazelton Coal Co (chartered in 18961 stock is owned aud its +2,000»<iod rlrst mortgage 5s also owned are guaranteed— see V. 64 n 137 In
1900 Delano l-aud Co was merged in Leh. VhI. Coal Co V 71. p. 287The Coal Co. shipped from collieries owiihu 2,x 3 136 tons br.
189^-0, 3,046.488 tons in l*9i-9, and 2,609,126 tons In 1897-8.
Dividend*.>
'86. '87. *88. '89. '90. '91. '92 '93
none4i«
Since '85. P. ct. S
4
5
5
5
54 4
5
since.
Bonds.— The $15,000,000 mortgage and col. trust 5* of 1 S07 were aujrthorized to provide for floating debt and for future improvements;,
$7,000,000 (which may l^ar a lower rate of Intere t than 5 percent)'
being reserved for improvements or acquisition of stocks orlx>nd»-ot
other companies at $1.000,o00 a year after 1900 The mortgage
covers "9 '69 miles of single track, including branches and sidings?.
real estate in Philadelphia, and also stocks and bonds ol various oomrpanies
Lehigh Valle\ bonds with lien prior to these bonds maybeextended or uew prior lien bonds issued, but not to iucrea->e tbe jufgre
f:ate principal sum or rate of interest of -u h honds except as provided;
n the consolidated mortgage.
List of collateral pledged to secure*
bonds was given in V. 65, p 1114 see also V. 66, p. i»7. The bonds
ate subject to o.ill at I07i<2 p. o.
GDarantiks.— Button <e y/orthern RR.— Roadfrotn Belfastto Ea<vtoc>
Pa.. 8 mile.^; brauch to Lehigh Valley RR. at Mouth
aston, 4 mlles>
Capital stock is .11300.000 Lehigh Val. guarantees bonds iV 6i. p-13 5.
Elmira tlortlnnd <t Sorthemi H.R.— This road, with the 'auastotc
Northern, runs from Elmira to Canastota and ('amden, N Y.. 14C'
miles. The stock. $2,000,000 is owned— V. 62. p. 364. 1 177
Lehigh Valley Rait Way >io. of Sew lorfc.— Owns Buffalo, N. Y., to neai/
Sayre, Penn., 175 m. double track, ard branches to Ithaca, Auburn*,
etc., 110 m.; total, 285 m.
Stock owned by Lehigh Val HR Mortgagor,
abstract V 51, p. 114. (V. 65, p. 412, 1071.) Oar t usts, <*•<•,! wo.
Lehigh Valley Terminal Railway. Owns double-track road from Moutfc
r*laintield, N. J., to Jersey city, with about 125 acres at Jersey itsy and a
large water front there, etc.; its stock of $10,OOO.o<»< isowae** by Le-Vallej RR. (V. 53, p. 640. 880.)
Middlesex Valley
Naples to Geneva, N. Y., 29 miles Hondo dn>»
1942, guaranteed, principal and interest (endorsed).— V. 62, p. 134_
1
RR.—
—
—
RR.—
;
;
'
,
»
<
'
'
t
.>
k—
7S
INVESTORS' SUPPLEMENT.
[Vol. LXXIII.
r
:
.
OCTOBEB
"*u
i
>*<
I'JOl
ni>. r»
will confer a great favor by giving
RAILROADS.
page of
first
Lehigh Valley— {'?oi,clu<
ed)
tables.
Mile*
of
shoo, lat M.. not
cuar.GP
$100
lssw
L880
IS92
r
l
KanatrhH— l«t
Renewal
Now M
£..
inort., gold,
Miami— St'k.coui..gu.S
ifo<-Jt if
i$3.000.000)— V. 72,
1st
p.
m. K.
30
M
p.
.
84
84
57
32
155
156
156
163
184, 241. 10SO...
$1,140,000. *M
g.,
Consol. mortgage, gold, §5,000.000. Oe
M
do
do
c
General mortvave. cold Oe
>t.. cold, rod. at HO.Ce.o*
Metropol. Ferry Co. Lai
for §2.750,000. gold. Ce..o*
L. I. RR. M. on' ferry
indaof 1932 for $500,000. gold. Co..
Moi
Debenture $l,500,000> gold, not subject to oall.
Hew York A Flushing 1st mortgage, assumed
BTtlyn A Moutauk 1st M., $250,000 are 6s.Ce.o2d M., g., ass'd. Bus. Sta. to Eastp. A brs.t'e.c
o*
Long Island City A Flushing 1st M.. assumed..
o'
Consol. mortcace cold, assumed. Ce
Unified M.. $45,000,000, g call 110 l'»m....CJkr
18
"2
v
Caiuii.
1898
1.000
76
76
12
19
1882
1901
1899
50
1878 100 Ao
1881
1.000
18*1
1*88
1887
1,000
1.000
500 Ac
1892
1892
1894
1**0
lssl
1**8
1881
1887
1899
1.000
1.000
1.000
1,000
1,000
1,000
1,000
1.000
1
,0004c
—
Lehigh Valley Goal Co.— See '-Coal Property" above.
oar trusts. $ iOO.OOO to be retired yearly. V. 72, u. 41. In Dec, '99,
purchased National Dock- Ry. and National Storage Co.. having terminals aud warehouses In Jersey City, and became responsible for $5,OOO.OOo Nat Storage Trust certs. V. 72, p. 141.
900-1 .Gross, $20,032,181; net, $3,983,053
Latest RR. Earnings
9 mos.. Dee. 1 t» Aug. 31 1 1899-0.. Gross, 18,553.683; net, 2,788,755
For same 9 mo-". Lehigh Valley Coal Co. shows deficit from opera*
lions of §397,501. against deficit of §666,180 in 1899-0.
Annual Report.—The fiscal year ends November 30. The report for
"
899-00 was given in V. 72, p. 133. 140; see also editorial, p. 110.
Earnings for y ear ending June 30, 1901, V. 73, p. 663.
1900.
1899.
1898.
1897.
Tear end.Xoc. 30—
Earnings from coal. §9,413,472 $9,553,950 $8,436,392 $8,560,418
9,659,172
8,236,505
7,571,978
7,403,471
MlaceL freight.
2,959,378
2,760,401
2,718.859
2,672,547
Passengers
1,017,260
1,019,645
1,015,310
922,630
Mail, express, etc.
.
M
$23,049,282 $21,570,502 $19,742,538 $19,559,166
Total gross
Op.exps.,inc.rentals 19,242,421 16,648,829 14,188,228 14,413,330
Net earnings.... $3,806,861 $4,921,673 $5,554,310 $5,145,836
1,055,785
1,117,728
1,244,945
1,036,288
Other income
Total net income $4.8fi2,646
$632. *0o
State taxes
2.^4.883
Bad. ol int. account.
290,684
LoaeMor. Canal, etc.
and rentals
Leh. VaL Coal.
$6,039,401 $6,799,255
§650,639
$360,000
20.393
19,853
239.989
230,073
4,936,370
4,824,270
4,844,106
827,304
831,058
825,700
$6,182,124
$360,000
25,117
239,935
4,744,205
710,204
Total charges... $6,940,443 $6,562,595 $6,325,154 $6,079,461
dt.*2,077,797 df.$523,194 sr.$474,104 sr.$102,663
Deficit in 1900 is explained by large expenditures for additions and
betterments, $1,331,271, against $1,529,884 in 1899, besidts large expenditures for equipment in both years.
The report for 19<0 as above does not include the coal properties,
for the improvement of which $497,126 was expended in the year and
on whose operations, etc., there was a deficit of $869,847.
Other income as above in 1900 ($1,055,785) includes dividends on
stocks owned, *312.888; interest on mortgages, $41,417; sundrits,
§84,869, and interest on bonds, $616,620. the bonds embracing
Balance
»1.4"0.000 Leh. Val. O.al Co.. 1*92; *5.< 00,000 Leh. Val. Coal Co. .185*7; *2,000,-.huTlkill \ Lebitfh Valley KR., Sl,s22.oOe Uazleton Coal Co.. I5i0,000 Morris Canal * Banking Co., M25.0OO Kochester Southern RK. Co.. »l«4,000 Midx Valley KR. Co.. $35u,000 Greenville A Hudson Ry. Co., $384,500 Coal
•
Ktdge Im^t. a Coai Co.
Pree. (Jan., 1901), Alfred Walter; Treas., W. C. Alderson; Secretary,
Join R. Fanshawe, 228 •'o. Third St.. Phila. Exeourive Com. Chairman, Eben B. Thomas; Geo. F. Raker, E. T. Stotesbury, Charles Steele,
:
H. McK.
Twomblf and Alfred Walter.
Directors— Alfred Walter. Edward T. Stotesbury, Joseuh
Bsrle. 'harles Steele. Irving A. btt-arn?, Abrara Ne8bitt.
Bom
B. Thomas. George K. Baker. J.
C. l.ippincolt.
Wharton. Beauveau
H. McK. Twombly,
Rogers Maxwell, George If. Baer and
133. 140.391,480,532, 722; V. 73, p. 138,391, 663.)
Lexington 6c Eastern Ry.-Owns from Lexington, Ky., to Jackson, Ky., about 92 miles. Operates Ohio A Kentucky Ry., Jackson,
Ky., to oannel coal fields in Morgan Co., over 26 miles, since late in
Oct., 1901.
Capital stock, $500,000; par, $100. General mortgage,
§2,500.000, of which $1,000,000 reserved to retire the firsts; 1 p. 0.
was paid Aug. 1, 189?. Feb 1899, and Aug., 1899, on gen. mort. bonds.
Loans payable June 30, 1900, $23,938.
Reorganization Plan— In Oct., 1901, reorganization [probably
without foreclosure] was pending per plan, V. 73. p. 663, providing
for extension of first mortgage bonds (which matured Jan. 1, 1900) at
same rate of Interest to July 1, 1911, the company to have the right to
call and redeem all or any of them after Dec. 31, 1901. at 102 and interest. A 1 .merest on the general mortgage boDds is to be waived to
Aug 1, 1901, interest thereafter to be paid in cash Feb. and Aug 1, as
follows: 2 p
yearly for 5 years, then 3 p. 0. for 5 years and 5 p. c.
yearly thereafter to maturity. Defeired debentures will be issued
from time to time ior the balance of the interest not paid in cash in
the gereral mortgage bonds accruing after Aug. 1, 1901, such de >euturea ($375,000 eventually) 'being payable without interest whenever
the company -hall decide, either in cash or geueral mortgage bonds,
bnt to become payable immediately in cise any dividend it declared
on the btock.
IV. 72, p.
.
Dividend.
»
4,943,100
1,500,000
1,039,000
1,140,000
2,487,850
268,703
3,610.000
1.121,000
3,000,000
1,250.000
1,494,000
332,000
1,135,000
125,000
1,000,000
600,000
600.000
650.000
5,7'. 3,000
F.
F.
5
5 g.
5 g.
5
J.
J.
|J.
5
g.
A..PM1. office, 228 8.3d 8t. Aug.. 1901.2)
do
do
A.
Aug.. -.901,54
J. N. Y. and Philadelphia
Jan. 1. 193
J.
Philadelphia,
Jan. 1, 1910
do
J.
do
Jan. 1, 193 J
Phil.,Glrard L.I.A.ATr.
P.
P.
J.
4>a
gggc.
A
A
A
A
A
.1.
5
1
l
-j
A D
M A 8.
See Hxt, F.
5 g. J.
-M./o
N.
8*5
st A
F. A
J. A
J. A
F. A
5
313
4g.
5
g.
7
5
4
4
5
A.
J.
J. Phila., Of..
do
do
do
do
do
do
do
do
do
do
do
do
do
Q -J.
J A D.
& M. A N.
4>flg. M. A 8.
J. A D.
g.
g<
J.
5
A6g.
g
-
M.
M.
J.
M.
5 g. M.
4g. M.
i
A
A
A
410 Walnut July 9. 01, 2%
Aug. 1, 191g
do
July 1, 1931
A. N.Y.,U.S.Mort.ATr.Co.
Q -J.
g-
Fob., 1902-0«
do
do
Aug., 1'j02-0«
Phi la., Ponu.Co.forlns. To June 1, '09
Phila., Prov. Life A Tr. To. Men. 1/10
N. Y..J. K. Tod A Co. Jan. 1. 1900
1 p. ct. paid Aug., 1899 Feb. 1, 193*
Jan. 1, 1944
Cinn.,Offloe, 1st Nat. Bk. Sep. 10/01, 2%
N. V ., Bank of America, Nov. 2, 1918
do
do
Feb. I, 1951
St. Louis and Phila
July I. 192»
N.
N.
8.
do
do
do
do
do
do
do
do
do
do
do
do
July
June
Nov.
Mch.
June
June
Moh.
Moh.
June
May
May
Mar.
1.
1,
1,
1,
1,
1
1,
1,
1,
1,
1,
1.
1931
1938
1937
192S
193S
1934
1920
1811
193&
1911.
19
<7
19.
Gross, *67,226; net. $26,561
Earnings.— 2 months, 5 1901
Gross. 63 678; not, 25,321
(1900
July 1 to Aug. 31.
Year ending June 30, 1901. gross, $35~,88l; net. $136,844; other
inoome, $1,397; imerest, $50,000; taxes, *6 000; rentals, etc., $24,437;
bal., sur, $57,804. President, Robert E. Tod, N. Y.— (V. 73, p. 663.)
Licking Valley RR.—V. 69, p. 955, 1193.
V. 68, p. 1077; V. 72, p, 1168.
Little Falia &z Dolgevllle
Parkersburg, W. Va., to Palestine. 30
Little Kanawha
tunes, thence bv steamer, 20 miles, to 'reston; total, 52 miles. Lisa
operated from May, 1898. On April 11. 1901. Gov. A. B. White, C. BL
Snattuck and Dennis O'Brien were appointed receivers, the read being subject to contractors' liens, one for #67,500, secured by second
mortgage —V. 72. p. 776. Stock, $2,000,000 authoilzed; issued $426,000.
Pres't. H. C Jackson; Sec'y and Treas'r, C. L. Williams.— (V.
71, p. 1167, 1220; V. 72, p. 776).
Little Miami RR.— Owns Cincinnati, O., to Springfield, O., 84
miles branch, Xenia, O., to Dayton, O., 16 miles; leases, Columbus <k
XeniaRR., Xenia. O., to Columbus, O.. 55 miles; Dayton A West. RB*,
Dayton, O., to Ind. State Line, 38 m.; Cin. 8t. Con.RR., 2 in.; tot. 195 m.
Lease.—On Dec. 1, 1869, leased to Pittsburg Cincinnati A St. Lqvm
(now Pittsburg Cincinnati Chicago A St. Louis) for ninety-nine year*
renewable forever. The Penn. RR. Co. is a party to the oontract and
guarantees its faithful execution. Rental is 8 per cent on $4,943,100
stock and interest on debt. Lessee's report for this road shows
In 1897, $230,645; in 1898, $222,225 in 1899,
net loss to lessee
profit, $54,725; in 1900, $65,989. Stock authorized. $8,000,000. Beginning Deo., 1899, '5 per cent extra has been paid each Deo. and June
from the surplus invested fund, making dividend 825 per cent yearly.
— (V. 69, p. 852. 1147; V. 70, p. 230; V. 72, p. 44, 184. 241. 1080).
Little Rock & Hot Springe At extern RR.— Little Rock,
Ark., at a connection with the Choctaw Oklahoma A fJulf, to Hot
Springs, 57 miles opened April, 1900. Organized in 1899, and completed the partially constructed Little Rock Hot springs A Texas RR,,
sold in foreclosure on Jan. 4, 1899. V. 6«, p. 85; V. 69, p. 283. Tka
Chootaw Oklahoma A Gulf on Sept. 29, 1901, took over the portion
from Little Rock to Benton, 27 miles, ULdor lease to be ratified Deo. 2,
li»01.— V. 73, p. 722.
Stock. $1,140,000, all outstanding; par, $100. Coupons, including
July, 1900, were clipped. Pres.A Treas., W. <\ Fordyce, Chemical Bldg.,
St. Louis, Mo.; Sec, W. 8. Mitchell, Little Rock. Ark.— (V. 70, p. 791.)
Little Rock Sc Memphis RR.— See Choctaw A Memphis BJi*
Little Schuylkill Navigation RR. Sc foal.- Owns from Port
Clinton to Tamanend and Reevesdale, 32 miles. Re-leased on Deo.
1, 1896, to Phila. A Read. Ry. for 999 years, and rental reduced from
7 p. c. on stock to 5 p. c, gold from Jan. 1, 1897; in 1898, 5^ p. 0.; iE
1899, Jan., 2^ p. c July, 3 p. c; in 1900, 5 p o; ii '01, Jan., 3 p. ©^
July, 24i p. o. (Lessee pays taxes and organ, exp. Bonds have been,
issued, which are deposited as security for Reading Coal A Iron bonds.
—(V 63, p. 1159; V. 73, p. 554,)
RR.—
RR.—
<
General Finances.— Real estate mortgages, $215,021. In May,
1900. sold to Drexel A Co., of Philadelphia. $3,000.0o0 4Mj per cent
Int,
Int.
111
1.000
1.000
1,000
— Leased
owned by Lehigh
375,000
1.104,000
5.000.000
450,000
250.000
L,6< 0.000
_•. 700,000
1,000,000
1,500,000
l.OOO.vc
.
for 999 years and dividends guaranteed.
Valley. 8ee V. 50, p. 137.
Petnisylcama <t Wine York Canal if Railroad. Leased for 99 yeara
from December 1, 1888, to Lehigh Valley, which has assumed its debt
and owns all Its stock. Consol. mortgage bonds of 1888 are reserved to
take up prior bonds when due. The consols include $4,000,000 of 5
per cents, $3,000,000 of 4s, $1,500,000 of 4^8.— V. 62, p. 950.
Lehigh it Seic York A' A'.— Near East Waverly to Fatihiven, on Lake
Ontario, 115 miles.— V. 61, p. 558, 750; V. 62. p. 134; V. 71, p. 1311.
all
11.511.0(H)
1.000
1.000
1,000
1,000
1.000
bo's
4
10
$1,025,000
1.175,000
50
Island—
Moms
100
.OOOAc
1,000
LBOfi
92
Ltftie Schuylkill .V<ir. RR. >£ Goal— 8took (rental gu.)
0*
:d mortgage.
LuMtf
Bonds
Whom.
Payable
500
I
p.c.,99 yrs.,P.C.ASt.L.
o
uiortifai.-!'
tfol
$15,0u0
1
1*90
1899
B99
s
•
of
—
Delano 1/d 1st M., g., go., s. f. *30.000y'ly.GI»
National Storage Oo. trust certs
o*
Car tr ists, > $50,000 due each F. & A
§500,000, duo §25.000 each F.& \
KOld.O I*
due $200,000 yearly PcP..
Equip, trustii, gold,
T
golil. aex. "D," due §300.000 y rly. PIP
Do
gton 4 EasCn— 1st M.. $1,000,000, gold Ce.o"
General oiort..goid; Incomes to Feii.i, I900.ro.
LUlle
Date
immediate notice of any error discovered In these Tables.
Bonds— PrinciINTEREST OR DIVIDENDS.
81.6. or
Due.
Amount d,,*,, m- When Where Payable, and bv pal, WhenLast
K ^„P er
Par
Mocks—
Outstanding
Road. Bonds Value.
Morris Caual stock, 4% guaranteed 999 years....
Preferred itook, 10 i>. c. k'liar. 999 yours
L. V.Coal Co. 1st M *12.000,000,g.s.f.,notdrn.o*Ar
Snow
79
RA1LKOAD STOCKS AJSD BONDS.
J
vulanatlon of column headings, Ac, see note*
on
8
:
I
:
;
;
;
Sc Toledo Ry.— Logansport, Iud., to Bu' lor, lad,
Successor on Sept. 12, 1901, to Eel River RR.solt under
order of Coui t and purchased in the interest of the Pennsylvania RB.,
-V.72, p. 1187; V. 73, p. 391, 553. Stock, $ (1). (V. 73, p. 553.)
Logauoport
94 miles
Long Island RR.— Operates all the steam
surface roads on Long
system inoluding
Oums—
Miles.
LeasesJfi'Je*.
(IT Which see.)
Long Island City to Greenport. 95 Montauk Ext. A N. Y. Bay Ext. 27
Long Island City to Gt. Neck.. 14 r* vw York A Rockaway
5
Bushwick to Sag Harbor
95 N. Y. B'klyn A Man. Beach If.. It
Sundry branches
80 Gr't N eck A Port Washington
4
Island, adjoining
New York City, the
.
Total owned.
Total June 30, 1900
284
S78
Lease*—
Doubletraok
Ill
Brooklyn A Jamaica RR
10 Controls earnings kepi separate.
North Shore Branch RR
30 N. Y. A Rockaway Beach Ry.fl 14
Organization.— In May, 1900, a majority of the stock was purchased
by the Pennsylvania
V. 70, p. 894, 946, 996, 1 149; V. 71, p. 914;
V. 72, p. 480, 491. Decision as to right of way, V 73, p. 32.
Stock.— $12,000,000; par, $50; about $6,030,000 being owned 07
the Pennsylvania RR., as stated above.
Dividends.— J 1882. '83 to '90. '91. '92. '93. '94. '95. '96. Nona
4*4
Per cent.
4*2
5
5
4
1
4 since.
4 yearly
t
Bonds.—The ferry mortgagetot $2,750,000 covers all the real and per
bona) property pertaining to the oompany's ferries (34th Street and
Jame* 81ip); $1,250,000 bonds being reserved to retire the Metropolitan
Ferry 5s. As to debentures see page 2 of Supplement of April, 1895.
The unified mortgage (U. S. Mortgage A Trust Co., N. Y., trustee,) if
for $45,000,000, secured by a lien upon the entire property, $28,000,000 being reserved to retire all prior liens, $8, 00,000 for change
of motive power to electricity or other power, if leeined advisable,
$4,500,000 for other improvements, and the $4,00o,oo0 remaining,
with any unused balance, for permanent improvements and additions
at not exceeding $400,000 per annum. Bonds are subject to call at
110 in whole or in part on any interest day. — v 68, p. <il H. Loans and
bills payable June 30.1901, $695,000, since reduoed to $95,000; morts.
on real estate, $281,238.
—
RR—
>*
INVESTOKS' SUPPLEMENT.
[Vol. LXXI1I.
"tubwrlben will confer a great favor by giving Immediate notlre of any error discovered In tne»e Table*.
RAILROADS.
INTEREST OR DIVIDENDS.
Miles Date Size, or
ftondt— PrinciAmount r^^
Par
on of oo hui in headings, Ac. see note* of
of
When Where Payable, and bj pal, When uft.
Outstanding ^*
I
on tirst page
Road. Bonds Value.
of tables.
Cotiel. — Leased Links. Principal
Ll.KU. X.Sh.Br.cons.M.$1.500,000,gu.p. Al.Ce o*
N. Y. B A Man. B. 1st con M.$l, 26.CKX g.,gu.Oe
N. Y. A Rock. B 1st M. $"84,000, go, p. A L.Ce.
N. Y. Bay Extension, 1st niort., guar, p. A
Montauk Extension, 1st mort., guar, p Al Ce
P. P. A C. I.. !( anil 2d. ($*6,000 2da) gu. p. A
.lj*ui*iana 4 Xorthicest RH.— First niort., gold. ...
£«. Souih'n- 1st M.. g.. re 1. at 105 after 1902 Ce
Long Island-
(
)
.
or
Louisiana Western — 1st mortgage, gold
c*
T
—u\sv * AUiiHtie-lBX moit.. gold, $1,000,000
JjOtusvtUe Bridge Co.— Stock...
Louisv. /fron. 4 St. Loui* Consol.—He* Soitu'n Rt.
Louis E rf Si. L.— St'fc(#2.OOO.On01spf.5%non-cuiu.)
WO.OOO. gold.
1st m..ru
Lovisr <* ./, rt. /Jr. Co.—$5.0O0.000,g.gu. p.AL.end.cXjOMlsrillr £ \a*lt rt'/fe—Stock
K
Mo
Mein.Clarks.AL.
1st
M
1892
1885
iss:
1893
1*95
....
6
21
10 '86-'91
36 L898
1.
45
112
1897
1881
1901
$1,000
$1,425,000
1.0O0 a l,6ol.<'00
8X3.000
1.000 a
'.OO.OoO
1,000
1.OO0
500
1.000
1,000
100
1896
1895
165
46
dr.atlOO.rno
E.H.AN 1-t.M.. Hend toNa*»>i..g. dr"nat 110< v.c'1 151
Nash. gen'l M., mid, drawn at 110 Ce.C 802
Louis. A
1
175
L. C. A Lex. 2d ni. s. f. not dr'n, Louis, to Newp't.C
Gen. mort. L. C. A L., gold (formerly 6s), n«».e* 175
Xi.A N. bds.,8.AN.Ala.RR.,2dM.aseol. g.l'u.o' 189
Pensacola Dlv., 1st M.. gold (dr'n at 105). F..C
45
M. O. A Mob. Dlv. 1st M.. N.O. to Mobile, g. F.c" 141
141
2d mortgage, gold
*c
208
South* a«t'n A Bt Louis Dlv. 1st mort., gold
o*
3d M.,gold, East St. L. to Evansvllle A br....o" 208
118
1st M. t50-year 5s),$15.0OO p. in., gold. r»...o50.0O0) gold..K
T7.0C
old.-Fc
XBt niort.. collateral trust i$
1*4
for S75.0OO.0O0. gold.. '-.c*Ai Text
Unified mortgage f
Un.tled
a In bands of public total issued shown In left hand
100
500
1,000
100
£200
1872
1877 $1,000
1,000
1879
1,000
1880
1877 100 Ac
83
.Ji.OuthrletoParis.Tenn.o*
CeoU.Br.lstM.,(ecil.toLoui».,s.f.
18S1
1880
IS SO
1880
1SS0
1SS1
1881
1SS7
1888
!
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1 ,000
;
.
and from Rockaway Park to Broadway ferries. V.68.p.(>69; V ti9,p.654.
In June 19" 1, the extension ot the Rapid Transit tun' el hem* constructed by the oil) wa> authorized from Mat hattan under the East
Slver and thence to the Fiatbiish ».\enue Htation, Brooklyn, and on
June 21 1901. the Long Island RR Extension RR was incorporated,
vita $1.0i>0,(>00 stock to eou-Mnu-t and ope' ate by electricity an
andergn umi tunuil railr ad as an extension of the L. I RR. from
Long Island City under the East River aud 33d Street, coi necting with
the 33d Street and 4th Avenue station of the Rapid Transit Su- w»y,
and having »n underground station near Broadway, a total distance
of about 4 miles.- V. 72, p. 1237, 1279.
A oar ferrj will also eventually tie established between Greenville,
V. J., and Bay Ridge, Brooklyn, about 3 miles, whence cars will be
sent via L I RR. and the pr J«-ct< -d lui* of the New York Connecting
HR. <see V. ' 1, p 713), c ntrol of which has bi en acquired in the Inter•set of the L I RR., to the N. Y. N. Hav. A H»rtf. at i»ort Morris and
the Harlem RR. at 160th St.— V. 72, p. 1279; V. 73. p. 613.
Ajtncal Report.— Fiscal year ends June 30. Annual meeting is held
the second Tuesday In April. Report for 1900-01 « as in V. 73, p. 612
1900.
1899.
1898.
Year ending June. 30- 1901.
$4,8t2.347 $4,557,259 $4,622,475 $4,333,194
Gross earnings
'',516,705
3,276,073
3,311.370
2,989,373
Operating expenses..
•
$1,345,642
$1,631,552
837.280
258,700
322.8(0
16,962
195,-09
Wet earnings
Total net
Interest on bonds
Taxes
Bentals
Miscellaneous
.Reserve fund
$1,311,105 $1,343,821
$1,473,103 $1,473,690
624.096
638,629
202.957
205,865
322,800
312,800
78,177
72,521
1,281,186
1,557.098
837.2
232.084
322.800
5,440
100,000
sur.$1.631,552snr.$59,494sur.$250.073snr$243,875
Balance
President. W. H. Baldwin Jr. Treasurer Is Robert Smith, Broad
•treetHtailon, Philadelphia.— (V. 73, p. al, 389,391,612.)
!*>• AneelenTerm. By.— See Pan Pedro Los Ang. A Salt Lake Ry.
For 9 mos ending Mar 31 $128, 104 In 1900-1, *91,612 in lb«9-0.
Year 1899-u. gross. $1- 0.245; net, $41,89»— (V.72, p. 184.)
Stamps, Ark., to Salt Works, 107
Loalmana A Irkano*
to Fomby, 28 miles;
-miles, with branch Taylor Junction, Ark
K x tensions were proposed northerly f om Stamps to
tetal, 135 miles.
Hope, and southerly rrom Halt Works to Trinity, La., and .lexandria,
on the Red River. Stock Issued June, 1900, $600,000.
La
Year ending Jane 30. 1900 (135 miles), gross, $203,234; net, *91,3<i6,
def., $38,476.
total deductions, 99,2&2; dividends, fl20,. 00; bal
President. William Buchanan, Texarkana, Tex.— (V. 70, p. 1049, 1291.)
Northuexl Kit.—Owns Magnolia. Ark., to a point
Lontftlana
trackage. Magnolia, to MoNM.e's niiles;
3 miles south ol Bienville
Stock, $3,000,total 8« 4 'ollefl. Lease to J. D Beardsley canceled
000 authorized; Issued Jan. 1896. $700,000, par, $100. Construction
debt on whole road Apr., 1901, $24*,"00. and floating current debt
about $10,000. Trustee of 1st mort. bonds. People's Trust (Jo Brooklhere ate also .->0-year gold consols at $7,' OA per mile,
lyn, N Y.
p- ny. Year ending June 30, 1900 (78^ miles), gross,
all owned by c
•97 286; net, $4z,0i-,9; total deductions $16,6o7; bal.. sur. $25,482.
General Manager, J. D. Beardsley, Glbsland, La.— (V. 71, p. lol2.)
LsnUlana southern By.—Operates from New Orleans to Belalr
and Shell Beach. 45 mile-*. A reorganization of New Orleans A Southern, foreclosed October 26. 1-96. See V. 64, p. 83. In Jan 1 001, the
United Ry. Tradli g <>. "f England acquired control, together with the
Estates, Lim.. about lo.'O" aeren, V 72. p. 87,
Kenil-woni.
Blxxk $30O.fKK), all outstandiiig; parflOO. Year hi ding June 30. 1900,
groM.«69.785; net, $21, i' 9; int. and taxes,$19,632; bal., cur., $1,776.
-(V. 72, p. 87.)
(Be*. Map of Southern Paeifle.)—Ov/wt
Louisiana Western
Iron. Laia>ette, La., to Orange, Tex, 112 miles; branches l2),88 miles;
Wtal 147 miles Oi*-rated under lease bj Southern Pacific Co., which
awns' all the $3.360.(«K> stock. Lessee pays all charges *nd gives company 7 per ct nt of total net profits under omnibus lease.
Earninos.-II months,/ 1900-1. ...Gross, $1,584.95^; net, $653,629
1,244,109; net, 376.452
$ 1899-0.... Oross,
July 1 V< May 31.
year ending June 30, 1900, gross, $1,349,537; net, lnc hiding other
In
Inoonie, $43k, 101; -urp. over charges, *2fi4,38"<; amount of net protlt
due this company as per lease, $4 11,134. In 189--9, gross, $1,345,015.
KB.—
,
r
,
A
;
.
,
'
BR.-
L,onl»vlile A \i. HK.— YerHailUs.Ky.,U)Mlller s« r«ek,68 miles.
Incorj^rated in Juiy 18*. 9, as successor of the Richmond Nlch<»lasrllle Irvine A Beatiyville RR.; sold under foreclosure May 1, 1899The Beattj ville A Cumoerland Gap RR., Beattyvllle Jet. to Cumber,
1
Payable
Winoin.
l
ATfcj-L&stDlv.
Q.-J.
N. Y. , U. S. Mort. ATr.Co.
Oct. 1, 1P32
Oct. 1, 1 35
Sept. 1, 1927
600.000
436,000
10O.0O0
250,000
2,240.000
1,000.000
1.500.000 See
B g-
A.
5 g-
5 g-
M.
5
5
J.
J.
5
6
g-
M.
A
A
J
S
g.
g.
J.
A
.1.
5
t.
it. F.
A A
e544,OO0
g.
S«S g
3 g.
-
5
g.
do
do
do
do
do
do
do
do
do
do
N.Y., Boody, McL.AOo.
N. Y., R. Wlnthrop <6Co.
N.Y., 8. Pao.Co., 23 B'rri
N. Y., Knlck. Trust Co.
Louisville, Ky.
Jan. 2, 1943
Jan. 2, 1945
1926-1931
1, 1945
1, 1950
1, 1921
Jan.
Mar.
July
May
1941
1,
See text.
In vot Ins: trust for ten years. 8eeV.62.p.l38
J. N.Y.,71B'way.A L< nls.
Jan., 1946
A 8. N.Y..J.P. Morgan Co. Men. 1, 1945
-
6
.
M. A N
?*
f 1, 749,000
g4.94O,000
S.
5g.
?*
3,00(1,000
O.
l'-j
4,000.000 to be hel
2,200,000
3,000.000
4 g.
55,000,000 5 In 1901
Cl.994,660
325.000
1.8>-5.0O0
f g
9.2J1.000
892,000
3,258.000
4>a g.
d 1,926,000
£*•
5,000.000
1,000,000
3,500,000
A
A
A
A
J.
J.
Sciiil-an
J.
.
A
&
A A N. Y., 120 Broadway Ai>g.l2'01,2i«
A A. London and New Yoik. Aug. 1, 1902
A 8. N. Y.
Mcfi. 1, 1907
A D.
do
do
Dec. 1, 1919
A D.
do
do
June 1, 19S0
A O.
do
do
Oot. 1, 1907
A N.
do
do
Nov. 1, 1931
A O.
do
do
Apr. 1, 1910
A S.
do
do
Mob 1, 1920
A J.
do
do
Jan. 1, 19S0
A J.
do
do
Jan. 1, 1930
A 8.
do
do
Mch. 1, 1921
A 8.
do
Moh. 1, 1980
do
A N.
do
do
May 1. 1937
A N.
do
do
Nov. 1, 1931
A
1890 1. 000 Ac b2M94.0('0
4 g.
roluiu u; balan Ce under uul fled mort
GOakaktiks.— in addition to guaranteed, bords in table above Kuar
antees 5 p o. on $«50.000 New York Brooklyn A Manhattan Beaoh
preferred stock as part rental also 4^ p. o on $50,000 P P. & So. Br
stock, and 4^9 p. c. on $82,500 of the N. Y. A Coney Island stook.
Fthan* k- .- L I RR. Terminal Co. lncor. In 1899. See V. 70, p. 39.
On Apr 8 1901, the Atlantic Avenue (Brooklyui improveinei t bll
'became a law. the total cost of The work belnv: estimated as about
$2,500,0**), of which one-half will be borne by thecit>. See V. 72. p
722; V. 64. t>. 4ti9: V 65. p 512: V. t>6 p *71; V. 73, p. 61
April, 1899,
An agreement with the Brooklyn Rapid Transit Co.
provides foi the operation of trains from lamaica to Brooklyn Bridge,
m
^
NTERB STGtJAB ANTE ED.
I
30
19
1
n
b
J.
c.
do
d, e.
f,
do
Si see foe t note
July 1. 1940
on next pat e.
Gap, Ky., 8 miles, was
in July, 1900, absorbed by consolidailly, 1901, extension
under construction
71, p 23t>. In
from Miller's (reek to Beatty ville, 27 miles, an t to oe extended later
5^ miles additional to a connection with Norfolk A Western. Stock,
Bo id«, see tab e
$1,000,000; par $100.
Year ending .lune 30.
1 900. gross. $98,2
Pres.,
8; net, $12,' 55; total deductions, $14,108.
J»nie- B. MoOreary. Richmond, Ky.; Sec. D. A. Hliauahau, Louisville,
Ky.; Treas , James P. Amsden. Versailles, Ky. Ortioe, Auisden Blook,
Versailles, Ky.— (V 70, p. 1291;
71, p. 236 )
land
tion.
V.
I
V
EiOiilMVille Bridge Co.— Owns bridge 5,294 feet long over Ohio
River at Louisville. Ky., and about 2 miles track additii nal in Louisville.
Used by several railroads, P. C. 0. A St. L. Ry., Louis. A Nashville, etc. Surp.us earnings are paid back to roads using bridge.
stock is $l,50o,000; Penn. RR.owned Jan. 1, 1901, $901. hh) Dividends, 1896. 6*9 P. o. 1*97, 7 p. c; in 1898, 6 p. o. in 1899, Feb., 3
In June, 1900, the Court decided that the minority stockholders
p. o.
were entitled to 8 per cent dividends since 1877, but an appenl will be
taken. (V. 71, p. »4.) In July, 1900. paid 8 p. o. dividend Tor the first
half of 1000 and last half of 1899. (V. 71, p. 29.) In year 1900.
gross, $243,286; net, $155,775; taxes, etc., $61,350; dividends, *120,000. (V. 70. p. 233, 1249, V. 71, p. 29, 84.)
Loui my I lie FvaiiM ville A St. Lou it.
See Southern Ry.
Loulttvllle Hi-imL r»oii A St. LoiiIh By.— Road.— Louisville
to Henderson Ky., 142 miles, of which West Point to Louisville, Ky.,
21 miles, is traokage owns also Irvlngton to Fordsville, Ky., 44 miles.
History.— A reorganization June 1, 1896 (per plan in V. 62, p. 138).
of the Louisville St. Louis A Texas, sold in foreclosure.
Securities.— The stock Is to be held by John J. McCook, Brayton
Ives and Oscar Fenley, for ten j ears, in a voting trust, unless earlier
terminated by unanimous vote of trustees. See terms V. 62, p. 138.
Of the new bonds (trustee, State Trust Co., N. Y.), *300.000 are reserved to build to Louisville. Bills payable June 30, 1899, +57,000.
Cross, $12 ,28
Earnings- 2 months, J 1901
net. $39,407
Gross, 10^,iv:2; net, y.5,146
July 1 to Aug. 31.
U900
For year end in * June 30, 1901, gross, $668,484; net, $155,517; interest, $105,^26; taxes. $16,000; balance, surplus, *33,V 1 Iu 1899-0,
gross, $630,354: net, $163,816.— (V. 71, p. 1 1K5; V. 73, p. 442.)
LouImvIIIc A Jefreraonville Bridge Co. One-half mile long
and the approaches one mile; opened for all busines- Jan. 1, 1896. The
company also owns about 40 acres of land In Louisville and 100 acres
In Jefferson ville. The Big Four and Chesapeake A Ohio use the
bridge. Capital stock is $1,425,000; par, $100.
Bonds.—The mortgage of 1895 Is for $5,000,000 (trustee U. 8. Trust
Co. of N. Y. and Union Trust Co. of Indianapolis); bonds for $2,000,000
are reserved for future construction, etc.; the bonds are guaranteed by
the Chesapeake A Ohio and Cleveland C. C. A St. L. roads, In whose interest the entire stock is owned. See V. 61, p. 559. In July, 1899,
earnings sufficed to meet both expenses and charges. -(V. 62, p. 84.)
{See Hap.)— Road. -Operates main
Louisville A NhkIi ville
line from Cincinnati. 0., to New Orleans, La., 921 miles, with branches
.Memphis, Tenn., etc., 2,3 '.2 miles, making total systo -*t. Louis, Mo.
tem proper June 31, 1901, 3,273 miles. The system in hides
Reported separately.
Mile*.
Lines owned absolutely or
Miles. fi Nashville Cliatt. A St. Leuls.,942
through, capital stork
185 UGeorgla Railroad system
624
Louisville to Nashville
suniiry other lines
2,859 Operated for other co's
62
Owned but leased to other co's. 71
Lines leased, <£c.
189 Do. Padiicah A Mem. Dlv.. ..254
11 South A North Ala. RR
:
KB.—
;
:
—
KB.—
:
rm South
T Henderson Bridge
10
i:i
utherllnes
30
l.iriii.
Selina
(half st'k
A New
owned). 67
Orleans.
.
.
31
3,273
Total system proper
Total of all June 30. '•!.. 5,324
See this company.)
40 miles between Pineapple and Repton, Ala., completed
In Mar.. 1900. furnishes a direct route from Selina to Pensa ola.— V.
udalusia, Ala.,
68, p. 524. Iu Oct., 1900, ev tension comp eted from
to Geneva, about 45 miles, and in Oct., 1901, being further extended to Marianua, 45 miles. In June, 1 00, extension proposed from
Attalla to Oneonta, Ala., 35 miles, of which 9 m. completed; also propost d to pur. base 7 * miles of graded ioad extending from Camden,
Ala., southeast.— V. 70, p. 1291. In .tuue, 1901 acquired control of
Birui helma A New Orleans RR.,20 miles, and in Aug , 1901, the
Sbelbyvlile dloomtteld A Olno Kit 26 miles.— V. 73 p. 391.
.JKuajuzaTIon, Ac.— This company was chartered March 2, 1850, and
(IT
The
line of
•
!
1
.
jpened between Louisville and Nashville November. 1859. The liabilities for Interest on the auxiliary roads are treated mostly as belonging
directly to the Louisville
A
Nashville Co.
A list of the
securities
owned
fund June 30, 1900, was in V. 1, p. 703. 707.
The stockholders on Oct. 4, 899, ratified the new lease of the Nashville A Decatur, the assumption of the entire lease of the Georgia RR.;
Atl in tic oast Line has half interest, as cub lessee (V. 69, p. 591, 748),
the sale of its Pen-acola A selma RR. In Alabama to the Southern Alabama RR. and the nurcha-e of the latter.- V. 69. o. 541.
On July 1, 1900, Ihe Nashville Florence A Shi hield Ry. was merged
V. ' 1 p. 646.
Its first mortgage bonds being assumed.
in L. A N
Terminals.— Jointly with Nashv. Chat. A St. L. leases terminal
property In Nashville (belonging to Louisville A Nashville Terminal
he nav utarttea was
Uo.) for 99 years from 1*97. (V. 65, p.278.)
opened in 1900. V. 67, p. 222, 329, 742; V. 71, p. 664.
and
In sinking
'.
I
(
.
,
'1
%
;
,
RAILROAD STOCKS AM) BONDS.
CX-TOBEB, 1901.]
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MAP OF THE
LOUISVILLE & NASHVILLE
RAILROAD SYSTEM.
)
.
;
INVESTORS'
5>*2
sii
b-M-rtber* will confer a sreat favor
RAILROAD&
«t
tfaahrille
—
Concluded
i
M
179
ICO
49
220
105
189
189
189
Nash v. Florence a Shelf., 1st M., gold, asflU.Ce.O
So. & No. Ala. ,1st M.,s.f.. not dr'n, guar bv L A N.
2d M., gold, s.f.. $'2,000,000, (owned by i..a N.)
Consol. mort. (for $10,000,000), g., KUa
.
I
Louisville Xeu- Albtfy if Chicago. Sec CHICAGO
l.yktns Valley— t*tock. Rental pays 5 per cent
Macoti. <* Binning.— 1st M.. $500,000. cold. OBe
1
$9,000,000
)
($269,500 5s)
c.ti
i$3,'2o5,500 4s)
cfcr
Collateral trust bonds for Mt. Desert Branch A Bo
81nking fd. lO-'JOs, gold, old Cs, ext. Feb. l.'95..e
Improvement bonds, "A," gold, not inort.,8. f.NB
Do
do
"B"cur.,not mort.,8. f.BB
Me. Cent. Eu. A No. Am. refunding mort., gold...
1st M. Penobscot Shore Line RR. Co., assumed.
K. & L. 2d mortgage (for $400,000) assum.BB
European & N. Am. stock, 5 p. o. rental 999 years
Portland & Ogdens. stock (2 p. o. rental, 999 j
NIH
20
97
97
,
Macon Dublin d SarotmaA- 1st M ,$l,500.000,gold
Maine Central—Stock and scrip t$ 12,0*. 0,000)...
let consol. mort.,
189S
1891
1S95
sm
.
& Lex. RR. mort...
~7.00O.0O0t Kold
RIp.Q
m<
*304
s
41
56
48
48
120
109
109
Con.M.,($S00,0O0are3>«8) gn p. & i.end.BB.o
Portland Un. Station M.,ser. '*A" & "B" text s.f.
Dexter A Piscataquis stock 5 p.e. rental 999 years.
17
1st M.. Dexter to Dovei, etc., guar, by emi.BB
17
b Also $10,640,000 are pledged to secure collat'l trust
were owned by theCo.on June,19t l.viz.: <• .$'2,000, d$34,
L881
1876
L887
1SS7
* 1,000
'82. '83-'87. '88. '89. *90. '91. '92. '93.
None. 5stk. 5stk. 6
I
5
4
4
'94'98, '99. '00.
None.
3*fl
01.
4
See V. 72, p. 722, 1188, 1280.
Louisville Cincinnati <t Lexington general mortgage bonds are
now limited to $3,258,000. V. 63, p. 1010.
Mobile dt Montgomery— Louisville <£ Nashville joint mortgage is for
$5,000,000, a first lien on 178^ miles Mobile to Montgomery; $1,000,000 reserved for improvements. V. 61,p. 196, 750.
Kentucky Central mortgage abstract V. 45, p. 372.
Pensacola <t Atlantic first mortgage bonds (assumed) are gradually
being called for the sinking fund at 110.
8t. Louis terminal property bonds cover freight terminals.
The collateral trust bonds of 1898 (see below) are secured by deposit
with the U. 8. Trust Co., as mortgage trustee, of $11,760,000 L. & N.
unified 4s and $3,360,000 L. <fe N. Paducah & Memphis division bonds,
the latter covering the road from Paducah, Ky., to Memphis, Tenn.,
254 miles. The loan is subject to call at par on and alter April 1,
In Jane, 1901.
1903.-V. 66, p. 337; V. 68, p. 87.
General Finances.— In 1^-98 sold $12,500,000 collateral trust
bonds, due in 20 years but subject to call on or after April 1, 1903,
deferring sale of L. &. N. 4s for better prices. V. 67. p. 742.
Since
July 1, 1894, the company's " construction account"
has been closed. Amount of permanent improvements charged In
operat ng expenses in 1900-1 was £1,474,103; in 1899-0,$1,021,843.
For 2 mos. ending Aug, 31, 1901, gross, $4,747,030,
Ea
against $4,241,517 in 1900; net, $1,290,169, against $1,414,063.
Anncal Rei'ort.— Annual meeting is held in Louisville the first Wednesday in October. Report for 1900-91 in V. 73, p. 719, 726; see also
editorial p. 699.
o g. M.
4»a g. M.
eg.
11,782,000
400.000
J6.T00.000
F.
&
&
&
J.
4
J.
g.
N.
St.
Y, 120 Broaiway.
Apr.
Louis, St. L. Tr. Oo.
Moh.
N. V., 120
Broadway.
do
do
do
do
N. Y., 120 Broadway.
do
do
Loud., Baring Bros.,L'd
N.Y., Office, 120 B'way.
N.Y., Office, 110 B'way.
Sept.
Aug.
Jan.
July
1,
1,
1,
1,
1,
1,
1918
1916
1945
1921
1906
1987
1937
1903
1910
1936
,
'liiiiin Sc Birmingham Ky.— Owns Sofkee Junction to La.
Grange, Ga., 97 miles. A reorganization of Macon & Birmingham
Railroad sold in foreclosure Doc. 27, 1895.
Earnings.— 1 month, ) 1901
Gross, $8,587; df., $1,65T
July 1 to July 31.
Gross, 6,951; dL.
963
51900...
In year 1900-01 gross. $108,381; def. under op exp., $4,778. In
189H-00, gross, $79,904; deficit under op. exp., $7,821; int. on bonds,
$25,000, not paid.— (V. 62, p. 1040.)
Macon Dublin Ac Savannah Hit.— Owns road completed from
Macon to Dublin, 57 miles projected to Savannah, 99 miles additional,
of which Dublin to Vidalla, 40 miles, under conduction. Owned
by the Illinois & Georgia Improvement Co. of Chicane V. 60, p.
711,794,873. In July, 1901, made a $1,500,000 mortgage to the
Amer. T. &, Sav. Bk. of Chicago as trut-tee V. 73, p. 184. Bills payable
June 30, 1899, $39,673. In year ending June 30, 1900, gross, $68,506;
net $21,881. Btock $1,250,000; par,$100— (V. 60, p. 1058; V.73,p.l84 )
.Maine Central It It.— Lineol road, Portland to Vanoeboro, Me., \ :a
Augusta, 251 miles; branches, Cumberland J miction to SkowheKan,
via Lewiston 91 miles; Bath to Lewlston and Farmington, 76 miles;
branches— Belfast, Dexter, Bucksport and Mt. Desert, including ferry,
(7*7 miles), 132 miles; Portland & Ogdensburg Ry., Portland, Me., to
Lunenberg, 1 10 miles small branches, 7 miles; Upper Coos and Hereford railways, Lunenberg, N. H., to Lime Ridge, Quebec, 108 miles;
Bath to Rockland (including steam ferry, 6-10 miles,) 49 miles; total,
824 miles, of which 395 miles owned, 388 miles operated under 999
year leases, and practically owned; 33 miles operated under 50-year
;
;
and 8 miles ferry lines.
Stock.— Stock for $2,516,000 owned by Boston & Maine. V. 66, p.616.
leases
InFeb., 1901, authorized to beincreased to $12,000,000. V.72,p.988.
Dividends—)
1882.
1883.
1884 to Oot., 1901
Per cent
2
6 yearly
5^
s
Bonds, Guaranties.— Consols of 1872 were Issued to retire $441,-
500 6s due Oct. 1, 1 901. V. 67, p. 59; V. 71, p. 342.
There were also July, 1901, $81,000 Maine Shore Line 6s, due 1922
also $118,500 Belfast & Moosehead Lake mortgage bonds, due 1920,
not guaranteed, interest and sinking fund paid out of the rental;
Androscoggin & Kennebec stock and bonds, $11,000, exchangeable
for M. O. stock. Jointly with B. <fc m. guarantees $300,000 Port.
Union Station bonds.
Annual Report.— Fiscal year ends June 30. Annual meeting 3d
Wednesday in October. Report for 1900-01 was in V. 73, p. 442
1900.
1899.
1898.
Tears end. June 30: 1901.
$5,022,098
$4,758,801
Gross earnings $5,868,547
$5,612,923
1,647,436
170^,863
1,617,037
Net earnings
1,711,248
85,744
81.071
63,040
Other income...
92,390
til, 710,476
Net income. $1,801, 253
$1,796,992
$1,698,108
$599,365
604,222
$584,870
$633,907
Interest.
647,090
646,526
648,121
Rents
592,922
Dividends
Sinking fund...
Investments
charged
off....
1901.
Gross earnings
$28,022,207 $27,742,379 $23,759,485 $21,996,653
18.233,0:^3 18,603,406 15,731,587 14,921,731
Oper. expenses..
9,789,176
9,138,973
Net earnings
8,027,898
7,074,922
ncL lnvs'ts.,<feo 10,493,861
9,789,018
8,568,543
7,665,698
$813,538
6,151,7c6
$785,568
$735,330
$640,252
4,996,612
4,971,702
12,687
118,574
128,900
253,600
130,270
4,972,592
162,620
12,480
82,847
162,008
3,641
94,744
127,180
(5)2,695,OOO(4)2,112,0OO<3i«)18480i»O
$778,900 $1,632,901
Burp, over dlvid'ds. $1,586,113 $l,a07.237
On- if Bug.— Chairman, An gust Belmont, N. Y.; President, M. II. Smith,
Lonlfcvllle;
r, w. W. Thompson; Secretary, J. H. Ellis, Louisville: Assistant 8ec. and Assistant Treas., A. W. .M.jrriss, 120 Broadway, New York.
Oakman. K. A. H'jr*ey. Aatrn»t Belmont, Hf-nry Hontz. W.
Db
wal H. K. 0»rtb, John I. \V«t.<;rt,arjr, New Vork: John M. Alhertou, If. II.
Smith. auiIm
itaTllle. Ky.: J. I,. Helm, Kllzabetbtown, Ky.; O. M.
Lane, Boiton Rudolph Kills, I'Mla I'-lphis.
-(V. 72. p. 1280; V. 73,p. 80,82,335,337,391, 719, 726.)
LonUv. New Albany &. Mile—See Chicago Ind. A Louisv.
Lvkena Valley It It. A. Coal Co.—Owns from Mlllersburg.Pa., to
WlluanstowTi, >"&., 20 miles. New lease to Northern Central made
April 20, 1896, terminable on 60 days' notice by either party. Rental
$35,000 per annum.—see V. 64, p. 330.
298,554
29,440
298,544
29,440
298,531
29,440
200,00
$76,115
153,467
$84,146
298,527
29,440
7 0,003
$53,679
$100,481
-(V. 70, p. 1291; V. 71, p. 342, 646, 698, 910; V. 72, p. 988; V. 73, p412.)
Ma ii< -bcKicr A Law re nee It It.—Owns from Manchester, N. H..to
Methuen (State Line), 'Z^H miles. Leased for 50 years from September
In
1, 1887, to Boston & M dne at a rental paying 10 p. o. dividends.
1895 a dividend of 50 p. ct. was paid from proceeds C. & M. suit.— (V.
Bal., Burp.
19000.
1899.
1898.
3,169
3,007
2,988
2,988
Freight earnings... $20,4l!>,162 $20,699,779 $17,100,715 $15,854,802
Passengers
5,742,581
5,238,314
4.905,584
4.557,729
Mall, express, etc...
1,860,464
1,804,286
1,753,187
1,584,122
I
4g. A. &
617,000
4,000,000
,
companies controlled, and $3,150,000 bonds free from any lien. See
abstract of mortgage in V. 51, p. 613; also V. 72, p. 1034,1188. In
Jnly, 1901, company reported $40,627,000 issued, of which $2,543,000
in the treasury. Total Usted on N. Y. Stock Exchange $27,194,000
Dividends
Dividend.
.
of
Deduct—
Taxes
,
Interest and rent
Georgia KR. deficit.
Loss on other roads.
Adv'stoS AN. A ,etc
Sinking fd paym'ts
Due.
— Last
Stocks
-
;
Tear end. June 30.
Average mileage....
pal, When
I
5
In Jan., 1899, l»s p. a; Aug., 2 p. c, 1900. Feb., 2 p. c; Aug., 2 p. c.i
I.:
1901, Feb., 2»s p.c; Aug.,2»sp. o. In 1890 of the 6 p. c, 4» 10 in stockBonds.— The Evansv. Hender. <t Kashv. bonds are drawn at 110 by lot
annually In October, for payment Deo. 1 in amounts increasing each
five years until $150,000 per year is finally reached
in 1900, $55,000.
The Pensacola Division bonds are subject to a drawing sinking fund
$5,000 till 1900, inclusive, then $10,000, and so increasing.
The general mortgage bonds of 1880 are called at 110 in insreasini?
amounts each year; $294,000 to be paid June 1, 1901.— V. 72, p. 627.
In June, 1890, the " unitUd" mortgage (trustee, Central Trust Company) for $75,000,000 was authorized. $41,917,660 bonds being reserved to retire all prior liens (none of the prior liens can be extended),
the balance for improvements, extensions (at the rate of $32,000 per
mile, including equipment), and for other purposes. The mortgage covers (besides 1,232 miles of road and its equipment) $25,992,535 stock
J
Bonds— Princi-
k 1.996.000
Aug. 1,
5 g. F.
£200
1S73
£645,400
May 1.
6g. M.
1880 $1,000 Own. L. A- N.
6 K. A.
Apr. 1,
1880
1,000
* 1.7T9.000
o g. F.
Aug. 1,
ANAPOLIS A L ouibville.
20
600,000 5 in 1901 q .-J. N. Y., Office, 13 Win. St. July, -01, 1Vi%
1896
1.000
500,000
5g. j. & J. Boston, Old Colony Tr. July 1, 1946
1901
1,000
1951
(»>
g
100
4.977.000
i
Portand, Me., Ottice.
Oct. 1, '01, li«
q .-J.
4,193.500
5&7 A. & 0. ) Boston, 2d National 5 Apr. 1, 1912
J 1872 100 &c.
4,790.500 I A- 14> A. & o. j Bank <fc Portland I Apr. 1, 1912
\ 1872 100 &o.
1883
1,000
.1.
669,000
5
& D. Bost., Am.L.&Tr.; Port. June 1, 1923
1,000
L886
600,000
4Jag, F. & A. Portland Tr. Co., Port. Feb. 1, 1905
lsst;
J. & J. Bos., 2d Nat'l Bk.iPort. July., 1916
200,000
4»fl g.
1887
250,000
J. & J.
do
July, 1917
do
4»a
1893
4 g- J. & J. Boston and Portland. Jan. 1, 1933
L,000
1,000,000
F. & A. Boston, Sec. Nat. Bk.
Aug. 1, 1920
4
1890
1,000
1,300,000
F. & A.
1.000
400.000
Feb. 1. 1921
1891
5
do
do
100
A. & C. Bangor, Treas. Ottice. Oct. 15.01. 2%
2,494,100
5
100
2
-F.28 Portland, Me. Cent. Of. Aug. 31, 01, i»
4.392,538
1,000
2,119,000 3»a&5 a & N. Bos. 2d Nat'l Bk. & Port Nov. 1. 1908
1888
1887-9 1,000
j. & J. Portl'd, Me., & Boston. J'ue27,Jan.29
a oo.ooo
4
July,'01,2i«%
....
100
j. & J.
Dover, Me., Office.
122,000
5
1.000
175,000
4
j. & J. Bos., Vd Nut'l Bk., Port, July 1. 1929
L88S
bonds of 1898 and $2,543. 000 were in the tr easury July, 1901. Add iti'n'l amounts
000, e $36,1,00 f $15,000, e $189,000 b$581 ,000, 1 $833,000, j$42,0 00, k$ 100,000
596. 809.
>
h $8 .9 19,000
1,000
1,000
1,000
1,000
1,000
1.000
Btock..— In July, 1891, It was voted to increase the stock from $48,OOO.OOO to $55,000,000 for purchase of Kent. Cent. RR., &c. Of the new
stock $4,800,000 was taken by stockholders of July 21 at 70, and
the remaining $'2,200,000 was sold in 1901. V. 72, p. 936. Further
increase In stock to $60,000,000 authorized in Nov., 1893.— V. 57, p.
Drv.—
Po.
INTEREST OR DIVIDENDS.
Size, or
—
Kentucky Central— Maysvllle
New
Date
Amount
notes
of
of
Pai
outaSmdin* Rat« P er When Where Payable and by
Road Bonds Value. .Outstanding Ceu £ Payable
Whom.
trust, call at par in 5 years., g. I s
told. $650.000.
St. Louis property, 1st
e
L.AN.audMob.A- Mont. joint bds.. 1st BI.,g.Ce.O*
1st M. .cold.s.f..dr'n at llOassunied.e'
Pens.A-At.
l 'oil.
[Vol. LXX11I.
by giving Immediate notice of any error (Uncovered in these Tables.
Miles
For explanation of eolumu headings, &o., see
on first page of tallies.
Louisrille
SUPPLEMENT
..
62, p. 869; V. 70, p. 532.)
Manhattan Ky. (Elevated).— Road- Owns all the elevated railroads in boroughs of Manhattan and the Bronx, N.Y. City, main line
and blanches, 37^ miles, doubled-tracked. Extension of lki miles
to Fordham completed in 1901. V. 70, p. 176, 633. Third-rail electric
system, see below.
History, Etc.— Formed Nov. 24, 1875.
Stock.— Increased in March.1899, from $30,000,000 to $48,000,000 to
meet cost of electrical equipment, etc.— V. 68, p. 2 S2, 282, 380, 428, 617.
Bonds.— Consolidated mortgage (trustee, Central Trust Co.) Is limited
on present mileage to $40,000,000, and will provide for prior bonds
when due. Amounts beyond $40,000,000 may be Issued for extensions
at the rate of $30o,000 per mile of single and $600,000 per mile of
louble track. (See abstract of mortgage in V. 51, p. 248, and application to New York Stock Exchange in V. 52, p. 353.) Of the consols
the company Itself in Apr., 1901, held $300,000 against "special account" and $42,000 consols to redeem convertible cert.— V. 69, p. 131.
General Finances.— See V. 68, p. 232, 282. To May, 1898, claims
aggregating $8,847,854 had been paid by the oompany as damages to
abutting property and other cases were before the courts. See Chronicle, V. 66, p. 954, and V. 67, p. 789. As to personal property tax
assessment, see V. 66, p 954; V. 67, p. 222; V. 68, p. 1282, and
V. 71. p 1120. Amount of taxes in litigation June 30, 1901, per balance sheet, $2,663,911. V. 67, p. 1053. Of the proceeds of the $18,
000,000 increased stock, the unused portion, along with other funds
(In all $9,604,416 on June 30, 1901), was loaned out on collateral.
Electric trains are expected to be running .on Second Avenue
line in November, 1901, and on other line* by summer of 1902.
October,
I901.j
KAILROAD STOCKS AND BONDS.
S3
•
.
SUPPLEMENT.
INVESTORS'
§1
RAILROADS.
Miles
For explanation of column headings, Ac, see
on tlrst page of tables.
Date
Size, or
of
of
Par
Road Bonds Value.
notes,
[Vol. LXXIII.
Honas rTUiClINTERE8T OR DIVIDENDS.
pal.When Due.
Outstanding Rate per When Where Payable, and by Stocks— Last
Cent.
Payable
Whom.
Dividend.
Amount
Maine Cenh-al—f Concluded ) —
53
53
55
22
33
14
14
19
22
Hereford R'y stock (4 p. o. rental for 999 years)..
1st mortgage, guar, p. A 1. (endorsed)...
Upper (\h>s KK. stock. 6 p. o. rental 999 years.
1st mort.. r nar. p. a 1. (endorsed)
Extension M., if "J 1.000 p.m., guar, p. A l.(end.)
Dexter A Newport, stock. 5 p. c. from Nov. '25, '98
1st M (old 6a lefund. in 1697) gu. p. A i. end."
Eastern Maine, stock, 4^j p. ct., rental 999 years
die -8tock.l0p.e.reii'ltill 1937. B. AM.
bonds (not mort.) int. gu. by B.A
Xaitfiat'tiH SUvated.- Cousol. stock, $48.<>oo.OOO..
36
18
Metropol. Kl. 1st M., $600,000 p. m., ass'd .g.C« .0*
32
N. Y El. deli., secured by consol. mort. of 1890.
consol. mort., cold Oe.c'Ar.
32
Manhattan Elevated
9
Man. d Vikrf I'rok hy- IstM .$-'00,000. g l»lp.O
34
Mar d f'Mirrnj d ft. Air r /,-/,'. M.A P. IstM. g.c
43
A P a B K.v M §r., $750,000 (V.67,p 13:^7) * .o
Matmiri, ;m- Sin k i;ii«r snmediv. as Cuiiii A- Pass.
37
Maiylai.d d }'t >. i.*v/ri.»in- Stock. #3.000,000
40
York* »a< h Rottoni "A" and "B"
1st M., f2.70O.000, ir SOb. call st 105 .TIeBa.c*
84
84
Inc M $900.00 4% cum., call at par.
Ba...
Meuaiiiie
23
HH*mut i.ake 4 lur^nile - 1st
Jfrx<r<i» Cemtrml— Stock, 925.600 per mile
1st M. uinaei-ented) (for priority bonds see text).
Consol. mortgage. $32,000 per m„ gold.HB.c~.tr 2.153
1st cons. inc. A scrip.n. -cum. ($9. 600p.m. ).g. » Be* 2,153
2d con.inc.$6.4UOp.m.red.at h0% to Aug. 29A Be* 2.153
Registered income bonds and scrip, uuassented.r
Equipment bonds. $50,000 calle vcarlv at par.
do$50.(00yly Aug.l); re 102^' beg.'lOOB.C*
d
Maticht*.
/
Me
ate
M
,
!
M
.
.
-
i
.
$100
1890
100
1890
1890
1,000
1,000
100
1897
....
1892
187S
1886
100
100
1882
1901
1901
18*1
100
1881
1889
1889
1889
1881
1897
1899
1.000
1,000
1,000
1,000
1.0O0
1,000
1,000
Balance after dividends... but.$402.464 sur.$109,513 def.$259,48«
Yr.8ep.30. Passengers. Earnings. Yr 8ep.30. Passengers. Earning*
1894-95. 1«8.072.045 $9,745,927 1897-98.. 1 9,728.356 $9,204 466
9.325.111
1895-96. .182,437.244
9.352,115 1898-99 .177.201,558
1896-97.. 183. 184.641
9,359,732 1899-00. .1x3,788,851
9,950,735
—(V. 72, p. 184, 283, 33% 988; V. 73, p. 138, 336
By.— Manilou, Col., to summit of
."M» nil- u A Fll-e'n P«ab
Pike's Peak, 8 9 miles, standard gaige. Operated from April to NoMo> k, $500,000: par of shares, $lo0. Last coupon
vel) ber, jeHr y
paid was that of Aj r., 1900, in Sept 1900. For year endm Nov 30.
1899, gross, *6 If 9; net. $36,730; Intere t on b nds, $25,000. Presi
dent, H s Cable: Y.-P. aiid 1 reas., Z. G. 8immons; Sec., J. B. Glasser.
Office, Manl'ou, Col.— (V 71. p. 646.)
llnrlniii C« n in In* A ClrT-lard
Owns from Moore's
Junction lo Palos. < hio. 42-08 miles: branches, 7-42 niiies; total
owned, 49-0 miles; tiackage to Marietia, ."20 mileB. Extensons,
Successor on Nov I, 1900, to the Toled'
it is reported, are prijfi-led.
A Ohio (ential Kxt-nsion RR foreclosed. V. 71, p 810,1012 Stock
auihori/ed, $2 0,000 ^ ear enning June 30, 1900 (old Co.). gross, $-0 J04; net, +2 874. President, II. H. Isham; Vice-Pres. and Treas.. H.
A. Clare; Sec. and Gen. Mgr., Kobt. H. England. (V 71, p. >0i2.)
I
|
I
)
,
BB—
,
A North Ui, By.—See Atlanta Knoxville A NorthMaricopa A Phoenix A Salt Blver Valley BB.— See Sup"
IQarteiiu
PLEMK.nt for July, 901.
T
.t| mt
Im od A Pi-ii •»} vniila BB.— Baltimore, Md., to Y ork, Pa..
80 milei'. it li branch. Delta to Peach fcfotb-m, 4 m total *4 miles. A
con-olldatiou eurly in 190 of the Baltimore A Lehigh RR. and York
I
%*.
Southt in
RR
;
per plan V. 72,
p.
339.
Stock am. Bonos —groek authorized, $3. 6^0.000. of wh^-h $2 75,OOo rescued for future rrqiiircments. Of the first 4s, $2'»O.OO0 ar-<
rved to retire the York and -each Bottom 5s and $1 ,000,000 addi
tlonal for lutiite purpOMrB. York and Peach Bottom, Heiies "A," bonds
ino-n-st A A O.; "B'' bonds for 0iO3.4ftO. int. M. A N.
fo> .t47,o
Earnings.- The properties consolidated for the yearending June 30,
1900. showed: uross. $237. "81; net. $7t,"21; int. charges of new company's ,5o0 bal.. -ur.. $11,521; Int. on income 4« calls Tor $.16,000.
offickks — Cm-hi lent. John Wilson B:o*n; See. and Treas.,Joan
McHenry— (V. 72, p 339,532 988.)
Iflanoii(lt) A Pt. Iiodee BB.— Owns roai from Mason City. la.,
to Lehigh. la.. 8« miles, and branch. 4 miles. In M^r., 19ol, Chicago
'.Vestern interests a'-rpiired all the stock and bonds, and wnl ex
ihelitif in lOOl motherly from llason City to Manly Jet, 12
miles to be (< mpb ted Oct 1901 >, and Irwoi Ha" pros to (' arion, 3o
miles (lo be complete Jan .190i), ai conneitions with the hie (it
W. -t al-o in n<02 southwest- tly to maha and west to .-1011* City,
about 2 o mile-, additional. Tneroad is opeiated Mtttpartoftbe c
(,
\v k> ki .-in in, rr an agreement datod Apr 1. 1901, ruDnlnxfoi 100
years. j>r- viou g that ail n t earnings above 4 jier oem Intereal on new
bonds lo be i-ciie»l i-hail go to til- latter, thei-tock to be exchanged
for Chic 1.1 We-teu. sti.i k. dollar for di*lai. (V "3,p 566, 616. 72/.)
In yearending Jul e iO, 19 0. gross, $239,527; net, $94,4 i5.— (V. 68,
V. 7 i, p 616
p. 977; V. -.2. p. 58
wl|i|i| Valle) It) .—Province Line to Lenox vllle, Que.. 3
mile-, with branch. Mm trackage to Boerhronke, Que., 8m
totnl 40
miles ]>-ii-ed lor 999 yean froiu J nil 1, '70. to tbeConneettont A asuinpslc «ivers RK titock, £"00.000, jiar of shaies$l00; dl' blends
payable Feb. ai'd Aug 1. Div.dends formerly 5 p c; 60 c since
owned by the Conn A Pass. River
1-07 Ot ihe -lock. $'00.0'
Jan
under its mortgage and $>0.0o0 is represented by
is de|Mislted
are
.
i*.
1
<
)
;
I
;
i
1
o ofHaitlorl5p r cent trust cerDetti nt Tru-r a 8a»- I*e(Mi-it
tlm ales, linOer which the Vermont Valley may purchase the trust
withlu 45 years frou Aug 1 l-i-< •, at uar>tnd Interstock at anj t me
est, ai d in t'ie meantime receives ail dividend* above 5 per cent on
<
the stock iie|,o-lted
>n trust.
••>i v 111
« oniieMiit I.ake
Llneavllle.— Meadvllle to Llnesville.Pa.. 1 miles, and bran hes, 2 miles: total 23 mile-. Leased to
June >-. 1989 t Plit-barg Besseme- A I>ake Erie RR.; rental, 25 per
cent ot gro s earnings. Stock, $200,000
.*!
5
Nov.. 1901,
May
May
May
J.
&
1917
Nov.,'0',2»4%.
1/01,5%
N. v.
Jan.
3
3
Poo.noo
900.000
July
5g.
5g.
A.
A.
&
&
1922
1,
Oct. l.'Ol,
1%
1908
1916
19^0
1909
Oot.
Nov
1916
Deo. 23 1925
Aug. 1, '01, 3%
July
Meh.
Apr.
1,
1,
1,
1,
1,
i"i932
Boston.SafeDep.&Tr.Co July
July
J.
do
4g. J. & J.
do
3g. July 10 Boston, when earned.
20,55 4.700
11,724.000
37 -.200
1930
July. 01.2i«%
Apr.
Text.
4
(7)
1930
1,
1.
,
4 g M. & S. N.Y.,Browu Bros ABalt Meh
Up to 4 percent
Apr.
5
J & J. Mer. Nt. Bk., Meadv.Pa. July
•
2%
3%
1930
1.
Nov., 1901,
1
O. 01.Col.T.Co.,Bos.&Lon
do
O.
do
1,
1.
1,
1951
1951
1921
1,
1,
1911
19H
Jan. 10. 19S0
Jan. 10, 193»
July 1, 1911
Apr. 1, 1917
Oot. 1, 1910
on Tampioo Division, 12 miles on Guanajuato Branch, 161 miles on
(Juadalaiara Oivision, 55 miles on Ameoa Ext., 44 miles on Pachuoa
Division, Bar extension 6 miles, 40 miles on Laguna Ext. and other
branches 12 miles
Mexico City Kelt Liue, 6 miles; Parral extension, Jimiuez to Adrian, 07 miles; Zamora extension, Yuruouaro toTarecuato, 61 miles; La Vega to San Marcos. 29 miles; total Jan 1,
1901, 2, '24 miles, standard gauge
All 56-pound steel Lenses Mex.
Union Ry Rincon de Komos to cob re, 10V miles, from Mar.. 1901.
TheZapo'lan e<tensio'. <in be completed by Nov.. 1901, toTuxpan,
115 miles irom Gu-tda ajara, the Parral exo-usmn to El Rosario, 97
miles, and tlie Ro \'er e exte slou, San B*itolo to Rio Verde, 25
miles, by Oct. 1901 —V. 72. p. «80
In June. 1901, the Monterey & Mexican Gulf RR., Ta-npieo to General Trevii.o. 3*9 miles, was acquired - (V 72, p 1237; V. 73, p. 337.)
Organization.— incorporated February 25, 1880, under the general
Iaw of Massachusetts, and also holds a charter from the Mexican Government. Debt readjusted in 1889— see V. 48. p. 191, 292, 327 See
also Mexican Central Ry. Securities Co.. Limited, below
In Mar.,
1901, the syndicate controlling the St Louis & San Francbco RR.
headed by H Clav Pier -e of St. Louis, acquired a majority of the
stock.-V. 72, p. 627, 873.
SUBSIDY.— Jan. 1, 1901, there was left of the subsidy in trust $2,4 58,493. to housed whenever necessary for the payment of principal and
interest of the consolidated mortgage bonds, $111,579, having been so
used in 1900. Of the *3.000.000 of Mexican Government bonds receivable under Tampico Harbor conoession for a dspth of 22 feet,
$2,790,000 (lu Mexican Government 6 per cent nouns) had been received in April, 1895, corresponding to a depth of 20 feet, and these
were exchanged In 1895 for $2,934,600 of 5 p. c. Government iionds.
Bonos.— Of the priority bonds $1,403,000 were paid off with prooeede
;
of subsidy collections, interest oeasing April 10, 1891; the balance,
$i.597,o00. In held as an investment b.\ the trustee of the consolidated mortgage. See V. 52, p. 390. The consol. mort., 4 p. c, covers
the entire property, all old firsts deposited, and the subsidy earned and
to be earned. (See abstract of mortgage in Chronicle, V. 49, n. 177.)
In Mar., 1901, in addition to the $t>f>,64.-i, 000 consol. 4s shown above
*3,<!6*.00O had been ce titled by the trustee ot which K322.OO0 held
for exchanges. $. 77 ,0o0 as collateral for equipment bonds, -1.000,purchased by trustee under subsidy trust fund and $171,000
issued to aud owned by the company.— V 71, p. 1220. Both series of
incomes are uen-eum. and secured by one indenture to the American
L. A T. Co. of Boston.
First incomes received 3 p. c. interest ih 1890,
1891 and 1892; none since.
Ge>kr»l Finances.— Iu May, 1901, a change in the junior securities
was under < on -(deration.— V. 11, p. 873
In Mar., inol, $3 200,000 first incomes were listed, raising the
amoiin outstai din < to $20, 51 1,000, the proceeds it was stated being
applied to the reduction of the floating debt, the notes payable being
reduced to $'08,7uj, against $1,594,000 on December al, 1900.
V. 72, p. 627, 88 .
Earninoh -Mexican our. > 1901 Gross, $11,5*4,014; net, +3,105,016
Jan.ltoAug 3l(8mos.< 5 1900 Gross, 11,609, 24; net, 3, 78,488
—
.
Annual Report— Fiscal year ends
Dec. 31. Report for 1900 was
given at lencth in V. 7o, p. «70, 877; see also editorial, p. s48. The
gross earnings below are Mexican currency; all other figures U. 8.
currency The company received for its Mexican dollars an average
0/ 4892 cents in 1900, 4841 cents In 1899 4659 cents in 1898.
INCOME ACCOUNT- (U. 8. CURRKNCl EXCEPT AS INDICATED).
1898.
Tear end in f/ Dec. 31— D-00
1899.
1897.
2.016
1,956
Av'ge miles operated
1,956
2,054
Gross earns.Mex.c,ur$17.223. 878 $15,602,065 $13,588,966 $12,845,819
Set earns. Mex cur.. $5,373,683 $5,190,095 $4,427,534 $4,016,318
2,516.901
2.062.805
Do do in U.S. cur. 2,628. 77
1,937,483
142,858
187,110
Mlscel. In U. S. cur..
115,720
9?a37
,
;
Him
500 000
540.000
7* 000
800.000
1,325,000
249,950
5: 0,000
900.000
200.000
47.953.100
77.00"
66,649.000
1,000
14
1
1,000,000
28,065.000
1890 l.OOO&o
1891
1,000
1.000
1886
18»5
1,000
100
i
i
10,81 8.000
1,000
a nli ail mi K> .— (Concluded.)
1 he
new method of operation it is believed
73
p 23
inciease the etliciency and economy of the service and net
earnings oi 1 1>> system and olace the stork, as increased to $48,00o,000. upon a 5-pei-cent basis." See "stock " above. Has traffic agreement until 19o4 withllilrd Avenue RR system providing for transfers to and Irom both lines.— V. 68, p. 672; V. 70, p 1249.
1901.
>'S7. '88. '89 '90. '91-96. '97. '98. '99. '00.
4
4
Since 8b. P.Ct \ 6 5 See below. 6 yrly. 4^
in t-crip; in 1890, 4>s cash and 1*$ scrip.
In 1689 1 in cash and 4^
Annual Rki-okt- Annual meeting is aeld the second Wednesday In
November Report for \ ear 1900-01 was given in V. 73, p 336
1901.
1900.
1899.
Year ending J unt 30—
$9,138,573
$8,719,495
Gross earnings
$9,416,686
4,163,' 56
3,905,953
3,458.329
Net over operating exp
34O,tO0
836.412
831.325
Othei income.
2.678.416
2,677.704
2,707.765
Interest, rentals and taxes....
Dividends
(4)1,920.000 (4)1,920.000 (4)1,380,000
Immmms-
274.000
47,999.700 4
100
4 A $
& N. Portland, Me. Cent. Of.
& N. Boston, 2d Nat'l Bank.
6
& N. Portland, Me., Oitlee.
4
A N. Boat., 2d. Nat. Bk.; Port.
4^
& N. Portland, Me.. Office.
5
J. & J. TTeas'rs Otiicc.Portland
4
M. & S.
4i B
M. & N Rooklan Me., Office.
10
M. & N. Manchester and Boston
4
Boston, B. & M. RR.
J. & J.
in 1901 Q.-J.
N. Y., 195 Broadway
eg J. & J. N. Y., Mercantile Tr. To.
5
M. & 8. N. Y., Mercantile Tr.Co.
do
& O.
4g.
do
& O.
5
See text.
& N N.Y\, Farm. L. & Tr. Co.
6g.
B g- M. & N.
do
do
P. & A. Boston, 8. D. & Tr. Co.
6
M.
M.
M.
M.
M.
4
4
1,000.000
1,000
IVl
(V.
will
$500,000
800,000
350,000
350.000
693,000
122,000
175,000
200.000
1,000
A
Tlexli an < eniral By. Limited lexlco). —( Hee. Map.) -Mileage
—Main Use Mexico City north to Juarez City, 1,224 miles, 407 miles
(
Net Income
Fixed charges
$2,744,29?
2,738,204
Balance
sur $6.09
Subs'yac'tin U.S.cur
None.
i
$2,704,871
2,6-4,873
$2,205,662 $2,034,520
2.676,6.2
2,573,467
iur.$99,198 dl.$4lo, 990 df.$ 38,917
49,2**3
477,947
650,000
$6,093
$148,421
$111,058
Result, sur
$66,957
of Board, H. Clay Pierce; Pres't, A. A. Robinson; Oompt.
J. T Harmer.— v 73, p. 337, 494.)
Central ity. •"(•-e'irlfe- Co., Limited.— This deposIH x
itary company was formed in 1899, per plan In V. 68. p. 33 ,to acquire
the 4 per cent consols of the Mexican Central Ry. " and to Issue in their
place two classes of securities." Tne share capital Is raised by a pay.
Each
iiient o £2 for each $1 ,000 bond deposited, for expenses, etc.
l.ooo bono deposited will receive ttlo2 "A" aud £102 "B'' debenture
stock. coiiMtitutluif a first and second charge respectively upon the
deposited securities, Imtii secured by the same deed of mortgage to
Right Hon. I-okI rllllmgdou, Right Hon. Lord Revelstoke and II W.
Frederick M. Spankie, Secretary, 3 Graoechuroh
siiilthers, trustees.
Street. London. E. C.-(V. 68, p. 331. 524.)
(6cc Map)— Road .—Owns In
riexlcan International
Mexico a standard gauge road from Ciudad Portlrlo Diaz, on
Southern Pacific, via Torreon, on Mexican Central, to Durango, 540
rn., with branches, 90 m.; Reata to Monterey, 72 in.; branch to Tlahunew branoh. durango to Santiago P paxquiaro. 103 miles,
alllo. 43 m
Chairman
(
.
en
KK.—
;
bunt
in
miles.
1900. will be lurther extended towards Guanacevl,
Organized under laws of Cona.
total,
848
October.
e
RAILROAD STOCKS AND BONDS.
1901.)
w
^1
4*
M
83
-«?
LLANO ESTACADO
o
j
d
I
I
Albanyq^
Beveo Rivera <
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as
V
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Paso del NorfeJ^V*
Coleman
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RowenaJ
San Angeled
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tiz
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;
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s\V
%*>*•
Marble Falls
^^JC^*
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AUS^l
,V'
Kerrville
V
rrfl
Laguuu
^.Viaduct
\
Tresidio
deLNorte^
_<0*
v<<\ SAN ANTONIQ:
^vc
Yoaku)m\<
o*
\
'
\ Sto.Domingo
Jim 6 oe»
Presidio
San Vicente
'
F
Chihuahua
C°
!
CaBOn de Emilias,,
\
OitfeV
/
*
V pSan Borja
rille
„rf&.
<£
/ L.Jaco
%oi°/*4
'^or^sSfr Felipe
^\ "% Vsanta
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Barbaras 4f
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v
-£***
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?
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=«.,
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^* A„
\—.(.*-"' 3£*
-^- JBerrendo \
4l'-=*.
'Y'niHo
eeomate
^"16 San Francisco
ISA
*f)|?
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Bias.
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Penitas =-^
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3
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M anzanilj
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j-Patzcuard
iM\
M
°Apatzingan
tee'- 4?
/
m
In
Cuicatlali
MAP OF THE
^
MEXICAN INTERNATIONAL
RAILROAD
AND CONNECTIONS
Dotted lines indicate projected
extensions
under Government approval.
_ ©chilpancing'o
\0.
.
:•"',
.
ss
Hidalgo
ififi2(jfcj*c)
.*«
.y«\
o
x
Acapi
;
c>
v^
o
(a
M
x
/
aPalizada
/
Verde
nCuixtla
c
/rfc >'fc
:
r
.
RAll.ROAl>>
Date
Miles
Size, or
Amount
Of
of
Par
For explanation of column headings, Ac. see notes
Road. Bonds Value.
on Unit pace of tables.
Ki/ ftfinlio Co ,Lim.— A deb stock 4%
B deb. stock. -1%. cum
Mex. /rW.-Pr. lien.jn.2t O.OOO.red.at par t"n.xe\tr
^l|».xo*&r
1st consol. mort.. $16,000,000. void
Income 4% bonds (DO inort.i. non-cumulative
615
848
.
Stock, voting trust OtfB
0*
1st M.. subsidy, cold. subiect to call at 100
nc. accum. (for $1 6,675. 000)e*
3d M
M..scr."B." c inc. BOO ae. (for $10,675,000) r
3d uiorttrace. deb. (income not cumulative) cold.r
1,064
1.064
1,064
1,064
.
Nkw
Securities with Amounts to bk
Prior lien im-
Outm
-...sub. call at 10">
-
First consol. mort $80,000,000, ROW (see text)
Pref stock. 4 per cent. hoi. cum $3 'J, 000,000
Common stock, f 33.850,000
.
B
A"i/.
On.,
Limited—A
ctfs.,
5% non-com
1896
1896
certificate*
Mexican
Xorthern — Stock
l
M,
Michigan Crntral -Stock
Consol. M.— now 1st M. ($2,000,000
are 5s)
.
.
F
o*
M. C. Michigan Air Line, 1st mortgage. I n...cir
M.C.lstM. on Det. A Bay City ($4,000,000). IJu.o
do
do
...r
do
M C. 1st mort on Grand River Val.RR.i: ii.... o*
M. C. 1st mort. on Kalamazoo & S. Haven. IT n..
M. C. 1st M. Term. $1,500,000 (V. 64, p. 886). ctr
Exclusive of $490,000 held by sinking fund.
1
1890
1896
1896
1893
100
270 '72-'82 1,000
115 1890 l.OOO.ve
152 1881
1,000
152 1881 1.000 Ac
84 '79'86 1,000
39 1889 l.OOOAc
1896 1,000 Ac
....
RR,-
>
•
reaent
rved
new
prior lien bonds
when due
to retire
with $7,000,000 preferred
I-suable, If deei'
stock to acquire junior securities of Mexican Inter-
national RK including majority of its capital stock)
Reserved for improvements and new equipment, at
not exceeding $500,000 a year. ...
erved for acquisitions of n*w property and for extensions at not exceeding $10,000 per mile of stand..Jard gauge line, or $7,500 per mile of narrow gauge
line, oq which tne consol. mortgage will be a first Hen
Pre/erred stock. 4 p c. non-cumulative
Of which in partial exchange for existing securiiles...
Sold to syndicate for cash required by plan
For all rights of the Mexican National Construction Co
Issuable, lr deemed best, for acquisition of Mexican
1
0,779,000
9,221,000
3,000,000
60,000,000
<
{
11,404,687
3
'
95
.'{1
23ioob;boo
7,000,000
6,000,000
9,000,000
32,000,000
c, 000,001
20,663,625
1,l 00,000
1,400,0U0
7,000,000
International Junior securities
1,936,375
For contingencies 'any surplus to new company.)
Common stock In exchange for existing stock, $ for $.. 33,350,000
The two new Issues of bonds will be secured bv a first and second
Hen, respectively on all the property of the National Co upany now
owned or provided for under the readjustment and toe El Salto exten-
sion when constructed, and also upon the securities of the Texas Mexican Ry., the total mileage on completion of standard-gauging of the
present main line to consist of a^out 953 mile* or standani gauge and
452 miles narrow-gauge track.
A *> ndleate has been formed to provide the cash requirements of the
tors of the Mexican National R> ., Lim., which holds
7
plan
be large part of the second mortgage A and B bonds, recommend the
taoce of the plan.
Votlno Tklst.— Both classes of stock (except sufficient to qualify
otlng trustees for five years or until
dlri
d stock shall have paid 4 per eeol cash dividends yearly
the
for two successive years, but tne voting trustees may, In their dis"k at an earlier d
cretion, delK
15
A O
A O,
A.
'ill.
When Due.
Stocks -Last
Dividend.
London.
London, when earned.
London, Speyer Bros. Sept.
N. Y., 23 Broad St.
Sept.
1,
1,
1,
1,
1,
1,
June
July
July
July
from Oct. 1. 1901
do
do
1947
1977
1927
1917
1917
1937
1926
1951
Int'st
London, when earned.
May, 1901
£1,906,100
do
do
in 1 00 Q.-M. N. Y., office, 27 Wm. 8t. Sept. 3, '01,1%
$3,000,000 5
al, 153,000
J. A D.
do
Deo. 1, 1910
do
£1,000,000 2'jin '01
Nov.
Nov. 1/01, 2ia
650 000
4
F. A A.
594,786
4
F. A A.
(?)
5 g. A. A O
Oot. 1, 1943
cl8.738.000 4 in 1901 J. A J. N. Y. Gr. Cent. Station. July 29, '01.2
10,000,000
7 A 5 M. A N. N. Y., Union Trust Co. May 1, 1902
4
2,600,000
J. A J. Rg.atG.C.S.; cp.atU.Tr. Jan. 1, 1940
M. A 8. N. Y., Union Trust Co. Mch. 1, 1931
3,576,000
8
Q.-M. N.Y.,Gr'd Cent. Station. Moh. 1, 1931
1
M. A 8. N. Y., Union Trust Co. Sept. 1, 1909
1,500,000
6
M. A N. N. Y., Gr. Cent. Stafn. Nov. 1, 1939
700.000
5
725,000
4 g. J. A J. Rg.at G.C.S.;cp.at U.Tr. July 1, 1941
j
300 held by N. Y. Ce ntral
&
Terms of Exchange. -The
c Of which $16.6
Purch.bysyiidlcatetoprovi :ecash require'ts. $ Inane.
Reserved for general purposes under proper restrictions, but not to be sold before Jan 1, la04, except
to meet any unexpected Increase In expenses of
changing the gauge and building El Salto extension.
First consolidated mortgage 4 percent gold bonds. Total
Issue [except to refund, * for ». Mexican International RR let consols, now $6,783,000] not to exceed...
) Present
In partial t-xchange of existing securities
Purch by syndicate to provide cash require'ts J Inane.
4»S g.
1
1,000
In Sept., 1901. Speyer it Co. purchased control See Mexican National RR. plan below. V. 73, p 553.
STOCK.— Authorized $25,000,000; Issued Jan., 1901, $20,708,200, of
which 8o. Pac. Co owns $4,172,100.
Bonds.— In 1897 reorganized, reducing fixed charges on 659
miles from $605,360 to about $448,650. Consol. 4s for $3,690,000
mnv be issued at $10,000 per mile on 369 miles of proposed branches
and $800,000 are reserved for betterments, etc. The total issue of
consols le limited to $16,000,000. The prior lien 4^8 are secured on
line from Culdad Porfirio Diaz to Durango, 540 miles and 75 miles of
branches. See details In V. 65, p. 151, 1071. Consol. 4s of 1897 listed
on N. Y. Stock ExohangeFeb., 1898. See application in V. 66, p. 341.
Earnings— Mex. cur'cy ) 1901 ... Gross, $3,879,911; net, $1,715,657
Jan. 1 to Aug. 31,8 mos. $ 1900... Gross, 3,491,125; net, 1,369,941
Annual Report.— Report for year ending Dec. 31, 1900, was given at
length in V. 72, p 869, 881; see also editorial, p. 850, showing earnings
as follows: Gross on average of 802 miles, $5,378,977 (Mexican currency); net, $2,131,237; in 17. 8. money, net, including other income,
$1,00 ,534; interest, etc., $556,579; bal., surplus, $4 15,95"-'. Pre ident,
T. H. Hubbard. N. Y. office. 25 Broad St.— (V. 73, p. 553, 784.)
(Hre Map.)— Owns narrow gauge road
Mexleni National
from Laredo to City of Mexico, 839 miles; Acambaro to Uriiapan, 143
n ties; El Salto branch, 45 miles; Matamoras to 8an Miguel. 76 miles :
small branches, 5 miles; total owned, 1,10- miles; controls through
owner imp of stock, Texas Mexican Ry., Corpus Christl to Laredo,
Texas, and branch, 163 miles; leases Michoacan A Pacific Ry., Mara
vatlo to Zltacuaro, 57 miles; other lines, 5 miles; total 1,333 miles.
Gauge, 3 feet; rail (steel and iron) 40 and 45 pounds to the yard.
History.— A reorganization of the Mexican National Railxeay foreclosed May 23. 1887. See also Mex. National Ry. Co., Limited, below.
Speyer A Co. interests in Sept, 1901, acquired oontrol of the
Mexican International RR.— V 73, p. 553. Regarding existing stock,
bonds and subsidy, see Supplement of July. 1901.
Readjustment Plan.— The readjustment plan dated Oct. 8, 1901,
i-iued by speyer A Co. and Kuhn, Lob A Co. of New York and Speyer
Brothers of London, given in V. 73, p. 784, provides for the formation of a new company, which shall auth rize the securities shown in
the table above in exchange for present securities, the standard- gauging of the main Hi e from City of Mexico to Laredo, and the construction of the El Salto extension, about 150 miles.
The new securities are to be at plied as follows
P ior lien 4L_> /( ,r cent gold oonds,to bear interest from
Oct. 1,1901. Total Issue [except to refund, $ for $,
Mexican International RR. prior lien bonds, now
$23,000,000
•5.850,000] not to exceed
Ofwhicainpart alexeh'ngeforexistingbonds
'20,000,000
1,000
228
228
310
Lnn—
g.
AJ
J&J15
M. A 8.
M A 8.
I
by
-
100
83
83
1st mort., I'.S. cold coin. s.f. not called. J?l€».o* At
Ordinary »h», £1,000,000
Mcxi an So. Ry..
1st M. 4<V deb. stock, £700.000, red. 110. (Text)
•2d M. 4 \ deb. stock, £600.000 red. at par, 90 y'rs
Mex. Cuernar. a- /Vic. -1st
c. $25,000 p. m.Ttle.
4^
J
5,000 000
4 g. A.
abou 1 25,000,000
33,350,000
£3,367,225 See text
.
Mex. SaCl
4
4
Jtontt-s—rrwui'
4 g.
4,499,000
Sept. 1
33,350,000
10,779,000
J. A D. N. Y., Nat. City Bank.
12,165,000
6g. Ann'ly. Paid 4*3 p.o. Apr., 1901
12,165,000
See text.
£ g
6 g. May 1
7,040,000
TION OF RKA DJ IT ST ME NT.
100
1SS7
1,000
1S^7 500 Ac.
1SS7 500 Ac.
1SS7
1.000
vmmn O ON V o.M P LB
1,505 1901
iyoi
1.505
Mturirun \titionitl
M
Outstanding
[Vol. LXXIII.
INTEREST OR DIVIDENDS.
Rate per When Where Payable, and
Cent.
Payable
Whom.
1899
£100 £3.840,606
1899
100
3,840,606
1897 £100*c $5,850,000
1>97 $500Ac
6,78<,000
Mex. Cent.
:
SUPPLEMENT.
1YVESTORS'
88
:
basis of
is
H. R. RR. Co.
exchange of exlstlag
securities
as follows:
>—Each $ ,000 will receive new securities
Existing bonds and sto k
rnorlien Jonsel mort. tref. Common
to be deposited —
Cash.
bonds.
stock.
bondu
stuck.
1st mort. prior lien 6s '$20 00
$1,000
2d mort. "A"* bonds..
|21 88
$937 50
$625
2d mort. "B" bonds. ..
900
Income bonds.
300
Capital stock.
$1,000
1
.
* Payable on the plan being declared operative, and provided the
bonds are deposited within thirty days fromOct. 12. $1", additional
will be paid.
Payable on completion of the readju-tmont.
I
In connection with the plan, the right to call the presentoutstandiog
prior lieu bonds at par and interest may be exeicise !.
Position of New Company —The plan presents the following [in
United States currency]
Net earnings for the calendar year 1900, according to the
$1,20P,634
aunual repprt
6
p. o.
Extraordinary expenditures charged to operating expenses
or against current Income, but properly chargeable to
capital account (according to sta ement confirmed by
& Co
Messes. Price, Waterhouse
363,932
Total actual net earnings in year 1900
$1,572,566
Estimated net earnings after the main line has been made
standatd gauge, the proposed El Salto extension built,
and other improvements accomplished, about
$2,100,000
Annual fixed charges after readjustment (estimated)
Int. on $20,000,000 prior lien 4»s p. c. gold bonds $900,000
Interest on $15,000,000 first consolidated mortgage 4 per cent gold bonds
600,000
$1,500,000
"It thus appears that the fixed charges of the new company will on
completion of the readjustment be well within the net earnings of the
pr iperty."
Interest on
>
1893.
"A" incomes. $ 2
Earnings— 5 months,
'94.
'95.
'96.
l'y
'97.
3
'98.
1900.
'99.
1901.
4*3
Gross, $5,148,640; net, $1,965,771
Gross, 5,333,803; net, 2,535,859
Jan. 1 to Aug 31.
$1900
Net available for interest (5 mos.), $1,098,067 in 1901; $7o8,657 In
1900. Above figures are in Mexican ourrency, valued at 80 cents on
the dollar in U. 8. money, all other depreciation having been allowed for.
Annual Report— Fiscal year ends Dec. 31. Report for 1900, with
the balance sheet, etc., was given in full in V. 70, p. 720, 730; see also
editorial p. 699. Gross below are in Mexican currency, all other figures
in V. 8. currency. Mexican currency is reduced to U. 8. ourrency at 80
p. 0., all loss above this being charged off in exohange account.
INCOME ACCOUNT— (U.
1
>
3'n
3ifl
44)
1901
8.
CURRENCY EXCEPT GROSS EARNINGS).
1900.
Year end'g Dec. 31—
Miles operated
1,289
$7,-66,699
Gross earnings
3,010,898
Net earnings
660,300
Int. on 1st M. bonds..
1,617,009
Int.,dis Aexch
158,934
Misc., betterm'te, etc.
1899.
1,242
$7,087,675
2,728,321
1898.
1,218
$6,330,920
2,393,431
1897.
1.218
$6,080,663
2,388,991
667,40a
674,110
1,180.000
680,720
1,156,792
114,456
129,187
207,573
1H.658
15,565
26,084
26,318
Sundry charges
Ja)425,775(3i2>425,775
Int. on "A" bonds,.. (4*2)547,425 (4^) 547,425(3
Office, 1 Nassau St., N. Y-(V. 72, p. 730, 1080; V. 73, p. 553, 784.)
1,281,851
Mexican National Ry. Co. Limited.—This depositary 00mpany was formed in 1896, per plan in V. 62, p. 1139, see also p. 635,
bv the " A " and "B" bondholders of the Mexican National RR. Co.
The certificates were issued In exchange as follows £250 A certificate for a $1,000 " A " bond deposited £200 B certificate for $1,000
" B " bond and £125 A and £100 B certificate for a Matheson certifiThe " A " certificates have two votes, " B " certificates one
cate.
vote for every complete £25. For Mexican National RR reorganization plan see that company.
Dividends— On "A" certificates, in 1898. April and May, 1899, paid
£2 15s. 8d. p.o.; In 1900, £3 lis. 8d.; in lyOl, £3 lis. lOd. Address 85 Grace Church St., London, E. C- (V 71, p. 81; V. 73,p. 785.)
IVIexlcan Northern Ry.—Owns from Escalon, Mexico, on the
Mexican Central Ry., to Sierra Mojada, 83 miles, all steel.
Stock.—Capital stock is $3^000,000 see application for listing on
N. Y. Stock Exchaoge In full, V. 64, p. 619.
1901.
Dividends....) 1892. 1893. 1894. 1895 to 1899. 1900.
4yearly.
Below.
6
5
6 1*
6hi
Per cent
)
:
;
;
M extra); June, 1»4 p. c; Sept., 1 p. c.
for $1,660,000, of which $507,000 held by
the sinking fund in June, 1900. See V. 60, p. 482.
Gross, $596,506; net, $243,963'
Earnings— 11 months, ) 1900-01
Gross, 576,079; net, 225,968
$1899-00
July 1 to May 31.
For 6 mos. ending Dec. 31, 1900, net, $145,670, against $115,546 In
In 1901, Mar., l x4
p. c, (inch
Bonds.— The mortgage is
1899; other income, $17,07 1; Charges, $72,402;
against $66,590.-V. 72, p. 581.
bal.,
sur.,
$90,339,
October,
1901.
RAILROAD STOCKS AND BONDS
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V"^^^^-;^^-^S^
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.
INVESTORS' SUPPLEMENT.
88
RAILROADS.
Miles
for explanation of column headings, Ac, see note*
of
on
,
of
Michlf/am Central— ( Concluded )—
Mich, fuv'l 1st nott. on Jack. Lana. r aginaw.
Jaca.Lans.Jk 8a*. stocx.34p.c y'rly.guar.byend.
295
295
84
i
Par
Grand River
Valley stock, rental In i>eri>etuity.
Det. A B. City bonds, endorsed, no mort. lien.. .c|
bonds, endorsed, no mortgage lien
Bridge
Bay City A Bat. C, 1st M., g„ gu.p.A 1. end.iTIp.o18
41
Bat. C. A Stur»:l« 1st M., g.. gu. P- A 1. end. TIP. o*
45
Jollet v* North. Indiana 1st M.. guar. p.Al. (end.).c
MitidUtovn Cn.d *. tfap— 1st M., ext.in'86
13
o"
...
2d morKKP, Int. guar, ex t. In 1897 (see text)..
Midland RR. of .V. J -j«te N'. Y. Sl-sqckha.n.n a a West.
MUl Crerk d Mine Hill Sac. d KK.-Stook
27
Mil. Benlon Harb.d Col. -Cons. M., g., $900,000. Tic
Milicaukte Lake Short d Western—See Chicago 4 NORT
—
1901
Amount
$2,000,000
2,000.000
491.200
274.000
150,000
250.000
421.000
800.000
15O.000
250,000
$
100
100
1872
1,000
1873
1,000
1.0O0
1SS9
1SS9
1,000
1877
1,000
1866 100 Ac.
1871 500 Ao.
323.375
405,000
1897
1,000
H WKS TERN.
34
M.
5
J.
8
8
M.
M.
2 g
-
g
-
g
-
7
10
J.
5g. M.
m
;
June
30. 1900.
b $ 200.000
follows in U. S. currency:
Other ini\ Charges.
Dirid. Surplus.
ii,226 $131.80* $142,500 $12,107
1899-1900.
347.834 41,161 137,772 l'.i0,000 131,223
189-9
-<V. 65, p. 679, V. 69, p. 101;! V. 70. p. 2?^; V. 72. p. 581.)
.nrxlrau Hallway, Limited.— See Supplement for July, 1901.
xlrau southern
, Llin.—SeeSui-PLKMtSTfor July, 1901.
|<liiii» Cuernavaca a P c. |{ 11. — Mexico to Balsas Kiver, 182
ration, and prijleoted to Acapulco, about 1. 3 miles.— V.
mil.
69, p. 332. As to subsidy from Mex. Gov't, see V. 67, p. 901. 8tock.
$6,000,000; par. $100; outstanding. Oct .1898, $.',432,000. Pres. and
Sampson, Mexico City, Mex.; Sec. and Treas., Charles
Igr.. J
Wheeler. Den \er. Col.- (V 69, p 332.)
TII< hlxan Central Klt.-^ee Map adjoining yew York Central
page.)— Link of Road. — Main line— Kensington to Detroit, 270 miles,
and Windsor to Suspension Bridge (Canada Southern), 226 miles
Branches owned and leased 1.125 miles:
total main line, 496 miles.
trackage (111. Cent.) into Chicago under perpetual loase, 14 miles; total
January 1, 19< 1, l,t35 miles. There are 262 miles of second track
and 969 uu'es of side tracks.
Organization, I. k ksks, Ac— The whole line, Detroit to Kensington,
was opened in 1852. Control was acquired by the N. Y. C A H. R.
RR. Co bj April. 18P8. as stated below.
nada Southern Contract.— See that company.
Capital Stock.—The stock has renialm d at same amount since 1805.
Dividends. > '83 '84 "85-86 '87-89 '90 '91 '92-94 '95 to July/0
nil.
4 yearly 5
3
5 5*2 y'rly
4 yearly
Percent— S 5
Bonds.— Battle. Creek d Slurgis bonds for $500,000, but of this $79,000 was sub-guaranteed by the Lake Shore A Michigan Southern, 7
The »1,miles of tne B. C. & 8. oelng operated by that company
•661.0*0 Jt.sk.-on I.an-ing A Sailnaw RR extern ed consol 5s were
paid Bept 1 at maturity. $2,000,000 M. C. bonds being Issued, secured
on the division.- V. 73, p
u rai. Fin meat —All betterments and improvements to the road
have been charged to operating expenses, except $"0,000 set aside out
of net revenue of 1898 as a special fund for 2d tracks, $165,000 in
1899 aod **0.<X0 In 1100.
N V. C. A H. R. KK. Co. in '98 gave In exchange its 34 percent
bonds for $100 in stock.
lOO-year gold bonds at the rate of $1 15
In Oct.. 1901, *16,610.300 of the $18,738,000 stock
V. 66. p 759.
had been acquired by the R. Y. C. & H. R. RR. V. 66. p. 1238.
Earnings —For 6 moa. ending June 30 (1901 partly estimated :)
(truss.
Set.
[Hvide.ua s. tiui.,fur.
Charge*.
6 n>ns
18.700 000 »1,"85,000 $1,383.<00 $3"4.7'
1901
$27,240
8.'J0-<,6i 5
l,7*n,ft20
1,352,751
374,760
22,009
1900
Annual Report.— Report for 1900 was In V. 72, p. 932.
189H.
90u
18W8.
Tear ending Dee. 3\.
1897.
$16,731. 31 $15,504,062 $14,046,149 $13,697,238
Gross earnlags
Op. ex p. asd taxes.. 13.229, nO 12,004,116 10.545.9 73 10.249 510
•$3.4 99.9 i 6 $3,500,177 $3,447,728
Vet earnings
3.54ft,'; 35
Wet,lncrgota«rla«.
3,544,624
3,544,854
3,492,347
184.-10
184,310
Rentals paid
184,310
184,310
2,219.908
2,229,975
2,235,625
Interest oa debt ...
2,230,714
300.-52
300..* 74
300,667
Can. Southern *kar«.
282,402
6' ,000
80.0'
r?ew second track...
70,000
4.40^
10,326
Mteoellaneoas
(4)74 9,520 (4)749.5 20 (4)749,520 (4)749.520
Dividends
96.743
$4,919
§4.732
Surplus
$45,401
(V. 71. p. 864. 1013. 12«i7; V. 72, p. 934. 1238; V 73. p. 337. 616.)
niddlel*>wii I nlonvllle A Water <;ap Kit.— (See Map N. T.
Susvuehanna * Western.)— Owns from Mlddletown, N.Y., to Unionville,
B\ J. State line. 1365 miles. Stock, $149,850; par, $50. Controlled
through ownership of stock by New York Susquehanna A Western,
on bonds. In year ending June 30, 1901, gross,
which pays
$63.2'.4; net. $1 ?,584 charges 121.923; baL, dellclt for year, $i*,339.
In 1899-00, gross. +61,759; net. *14.589.— (V 64. p. 664.)
Tldiand Terminal Ky.— eee Denver A Southwestern Ry.
I
;
<
Ky
-
W
m
1
—
;
Mill
Broad
(
,
ing KR. and
rental
-
A KM. —
A nine
Hill Navigation
Mill Creek Jo. to
mile*; branch J:t, seeood track 38 mites; total
lulv 25. 1861, for9
to 1'liila. A Readleased a
n 1896 by Phila.
Reading Railway;
1 all taxes.
rrrU,
Mm
Pa, 38
&
llwaakM
Beoton Harbor A <olu mbiin
It y.—Completed
irbor to Buchanan. Mich., 27 mile*, to extend to
n.
Capital stock, $000,000; tiar,
Napane.
a
»,000.
On Dec. 31, 18
tl»>
ay.
~;e.rtr.
ading Dec. 81, 11-99, gros*,
ablexpense", *l,»-3'); Int on bon
def un
24.709;
2'0. President. A. A Patterson, Jr., B< nton Harbor, Mlcb.; VlcePres, I' n Patttrmon; Auditor, Jos. w. Johnston.— (V. 71, p. 761.)
Imiebauo It It.— (See Wisconsin < entral.)
71 1 1 v* a nk re A Lake
:
U
nine Hill A
s«
huylklll
Ashland itnd
148 mlle«. In 18W7 rental
to
for
Haven
It
It.— From Schuylkill Haven
1
9W
paid -to
i
re.:
Jan. 1, 18tt7.
are 24 p. o. in
taxes.- (V. 63. p. 1011
in
'.
'rack, 1
1
in.;
total track,
on stock under new lease
to Phlla. A Bond, Ry. Co. Dividends
Jan. and 3 p. o. In July, >a p. c. oelng
,
p.
,
deducted .'or
.Mineral Itange KK.- Houghton, Mich., to Calumet, Mich., 14
miles; Hattfck to end of tracr, 27 miles; branches, 24 miles; South
)
J
J.
J.
J.
S.
A.
M.
M.
1903
1989
1989
July 10,1907
Nov. 1, 1911
June 1, 1910
Deo.
Deo.
July 15/01, 3%
Jan. 1. 1931
Jan. 1, 1951
Jan. I, 1931
July 15, '01. 2
July 15/01,219
Jan. 1, 1907
June 1, 1927
Jan. 1, 1907
June 1, 1909
4th.
8.
York, 44 Wall
St.
New
York, 44 Wall St.
N. Y. Central Tr. Co.
ft
ft
ft
A
N.
D.
D.
O.
N.
8.
do
do
do
do
do
do
do
do
do
1,
1.
1,
July, '01. 5%
Sept. 1, 1947
Philadelphia.
N.Y., Mercantile Tt.Co.
New
ft
&
May
do
Phila.,OrHce,119
ft
A
A
A
A
A
do
1).
A
M.
N.
N.
do
do
D. N. Y., Union Trust Co.
D. N. Y., Union Trust Co.
J. N. Y., Farm. L.ATr. Co.
N. N. Y., N. Y. Susq. A W.
ft
J.
J.
J.
J.
J.
J.
J.
Y„ Gr. Cent.
Station. Sept 1, "01,1*
July, 01, 24%
Jackson, Mion.
N. N. Y., Union Trust Co. May 1, 1902
8.
J.
do
do
do
do
do
do
do
do
do
Deo. 1. 1910
Apr. 21, 1921
Nov.
Men.
1,
1,
1934
1949
39.600.
Deo. 24, 1900; total, 101 miles.
).<*.
-
A
A
A
A
A
A
A
A
A
A
A
Range extension. Keweenaw Bay to Riddlet Junction, 36 miles, opened
/Annual Report.— Earnings as
tr.
d$
c $274.50 0.
.
M.
J.
.
In treasury
J.
J.
J.
i
>
Of which $2*2.000 held
Stock*— Lai t
Dividend.
by
3*3
Milwaukee d Lake Wmnebago See Wisconsin Ci- jNTBAL RT.
Milwaukee d Xorthem—See Chicago Milwaukee A ,SL Pa ul.
50
4,210,200
5*2
52
Mine HuU d ScKuytkill Hav.— Stock (6 p. ct. rental)
593,000 4 g.-5 ft.
Mineral Range— ons niort., text, g., red. at 105. c
66 1891 500 Ao.
1.00O.000
66 1901
General nMrtgnco. in guar, by Can Paoitlo F
4 g.
325,000
1.000
20 1891
5 g.
Haueock A Csl oons.,M g., red. at 105. ass'd...
;>«/•'* .t >'. /-< n—COtUDlOn stock. (e ..
100 c6.000.000 4 in 1901
Jflnr.r.i
....
100 d 4,000.000 5 In 1101
Don-ciun.Ce.
Pref. siock iV. 70, p. 1150), 5 p. a,
455,000
27 1877
1,000
o*
7g.
let M.. Minn, to Merriani June., gold. Vw?
950,000
si 1877 500 Ao.
1st M
Merrtam Junction to Albert l^ea.gold F.o'
7g.
280.000
15 1877
1,000
1st M.Minn. A Dul.. Mlun. to White B.Lake, g.F P.
7g.
1,000
1,015,000
Iowa ext. 1st M., g.(Al. Lea to Ft. Dodge)g.Ce.o' 102 1879
7g.
636,000
1,000
53 1SS0
Morton Southw. exten.. g. ($12,000 p. in. Co c
7g.
1.382.000
92 1SS1
1,000
Pacific extension 1st morwajre, gold.Oe
o'
6g.
1.000 a5;282.000
1894
First consolidate.! M.. $5,'J82.0O0. gold.Ce. o**r
5g.
b7,800,000
283 1899
1,000
1 st A refund. M.. *25,000.O0O t$18,000 p. m.).Ce.
4g.
.
Bo»ui#-Prm« 1pal.When Dt e.
INTEREST OR DIVIDENDS.
Rate per When Where Payable, and
Outstanding
Cent.
Payable
Whom.
Size, or
Road. Bonds Value.
page of tables.
first
Date
Lxxm.
[Vou
History, Etc.— Reorganized in 1891. On June 1, 1901, the Hanoock <fc Calum* t RR. was n ergen, its bonds being assumed and road
chai ged to standard gauge (V. 73, p. 785).
In year 1895 paid dividends lOL. p. o.; in 1896, 7; 1897, 7 p. c; 1898, 34 p. < none stnoe to
July, 1901. In April, 1901, authorized stock was Increased to $800,000; outstanr.lng, $743,400, par $100.
;
Bonds.— The consolidated mortgage covers all the property, including
$250,000 of Hancock A Calumet stock, which Is live-sevenths of the
whole issue: there are reserved for $11,100 old bonds $7,000 with
trustee; of the $593,000 outstanding, $339,000 are 5s and $254,000
are 4s. interest on the latter guaranteed by C*n dian acino. In lv>01
tl.OOO.Oi'O general mortgage Is were Issued, Interest also guaranteed
by can. Pacific Hoe V. 73, p. 556, 616; V. 73, p. 785.
Of tonnage
In 19
60 p. o. was ores and mining products.
Earnings.— For year ending Dec. 31.19<0, gross, $307,215; net,
i
"8,453; interest, etc.. $22,901; bal.. surplus for year, $55,552. In 1898net, $30,750.— V. 73, p. 32, 616, 785.
(See Map.;— Owns main line
Minneapolis
St. Louis
f gross, $182,584;
,
&
KK.—
Minneapolis to Angus, la., 260 miles; Western Div., Hopkins to Watertown, S I)., 215 miles; Kalo Branch, 14 miles; Lake Park Branch, 14
m. Wlntlirop, Minn., to Storm Lake, Minn., 154 miles Leases trackage from Minneapolis to St. Pau) over St. FhuI A North. Pac. RR., 10
miles total operated, 629 miles. Also owns, but leases to Bur. C. R.
A Nor., Albert Lea to Iowa State Line, 13 m and Minneapolis to White
Bear Lake, 13 m.. leased to St. Paul A Duluth (uow Northern Paclflo.)
In Feb.. 1899, purchased (V. 68, p. 672.) from the Rock Island 123
miles, Morton to Watertown, So. uak., part of the 217 miles of the
unbonded Wis. Minn. A Pac. theretofore operated by Minn. & St.
Louis, but accounts kept separate.
Also built extent-ion New Ulm
branch through rich grain and live-stock oountry to 111. Central RR.
at Storm Lake, la., 135 miles, which was completed about July 1,
1900. V. 68, p. 130. In June, 1900, persons Identified with Minn. A
St L. obtained control of the Iowa Central Ry. V. 70, p. 1249.
History.— A reorganization in Oct., 1894, per plan n V. 59, p. 371,
of Railway foreclosed under improvement and equipment mortgage.
8tock.— The capital stock Is, common, $6,000 OOO; preferred.5 p. c,
non-cumulative, $4,000,000. The preferred is entit'ed 'o dividends at
5 per cent, and then common to 5 per cei.t. then oth share pro rata.
The $2,.c 00.000 first pref. was paid off at par on June 1, 1899.
DIVIDKND8 (p. 0.) ) 1896.
1897.
1898.
1901.
1899.
I960.
Preferred
5
3
5
3
34
44
\
Common
None.
4
)
14
Bonds, Etc.— Bonds issued under the mortgage dae June, 1927, numbered from 1,101 to 1,400, for $500 each, additional to those above
were assumed by the Burl. Cedar Rapids A Northern RR.
;
;
;
1
As
to nr-t consol.
mortgage see abstract V. 59.
funding mortgage of 1899 limits the issue of
first
The re1145.
consols to $5,282,
p.
OOO, the amount now issued.
First refunding mortgage of 1899 is for $25,000,000, of whloS
$10,000,000 reserved to retire underlying bonds and $7,200,000 for
future extensions, improvements, etc., under severe restrictions. The
mortgage is a lirst lien on 277 miles of road etc., and a blanket lien on
rest of property.— V. 68, p. 1 87, 332. See application to list, T. 69, p. 32.
General Finances. -In Jan., 1899, sold $5,100,000 of new 4s to purchase 123 miles of road and to build and equip 1 35 miles extension of
New Ulm branch— see above and V. 68, p. 130, 187. 332.
Earnino8-1 mo., )1901
Gross, $297,401 net, $120,063
July 1 to July 31. > 1900
89,021
..Gross, 251,296; net,
;
Annual Report.— Annual meeting 1st Tuesday In Oct. Report for
1899-00 is given at length in V. 71, p 907, 918; see also edit, p. 888.
Year Ending une 30
1898-99.
1899-60.
190C-01.
Average miles operated
514
436
Passengers
$C01,8?6
$494,031
Freight
1,860,258
2,117,553
Mall, express, Ac
145,715
143.X21
Mross earnings
$3,402,239 $2,863,310 $2,500,004
Net over taxes
$977,299
$1,163,922
Other Income
196, 597
78,365
200,266
Total net Income
$1,. 64,188 $1,173,896
Interest p^ld
659,540
892.540
Dividends
290.000
440,000
294,583
Rentals, etc
55.694
57 ,024
Bal. surplus for year
$124,624'
$164,079
$113,580
'nKicKRS.— P esir'ent, Edwin Hawley. New Yotk; Vice-President, L
I'.
Day; Sseretary, Joseph Gaskoll, Minneapolis; 'Preasurer, F. II
Davis, 25 Broad Street, New York.
Director*/— . Iliiwley, W. Sfrausn, K. Lancdon, f. K. I'-ilmr, f. II. Davis
No» York; I,. C. Weir, Now York; <4e«rge (bockei, San Kran-,
Day, Minneapolis.
-(V. 72. p. 87, 123S )
'I
ii neu polio St. Paul A: Shu ll Sic.
Marie
Owns Minneapolis to SaultSte. Marie, Mich., 492 miles; branches, 62 miles; from
Minneapolis northwest to Kulm, No. Dak., 308 miles; Hankinson to
International Boundary Line, No. Dak., 344 miles; trackage in Minneapolis, St. Paul, etc., 20 miles
In Oct., 1900. extesslos from Kulm,
N. D., to W'lshek, about 77 miles, In operation, and Salag saaipleted
towards Bismarck; total, 1,302 mileH.>.5»ij»jrt MotfUrr/^i-.t m -fc
u ,i.L
.1-1.11
1
ifl.
im;.):
1
I..
*(-.
irle-,
V.
Ry.—
„_
1;
OCTOBEt,
1601.]
RAILROAD STOCKS AND BONDS.
89
:
»o
SUPPLEMENT.
INVESTORS'
RAILRO
For explanation of column headings,
on first page of tables.
Miles
of
see notes
fee.
495
886
Par
20
40
9.VS
&
stock
Preferred stock, 4 per cent non-cuiuulatlve
Tebo. & Neosho 1st mort., gold, a, f., red. at 100..
100
1.601
H
1st mortgage, gold, Ce
M. (formerly Incomes)
1,601
t, void me
e. c
1st M. exten. bonds, cold. $20,000 p. m
v.. l-t. refg U
ft .. 000.000. F...c*
CAT.
18S6
1SS6
1,000
1.000
1.000
1,000
1886
1899
1897
J.
whom.
Payable
4g. A 5
4 (5)
1.385.000
1,000 NoneJ'lv.'OO
1,000
400,000
8,339.000
461,000
21.9 19.000
3,500,000
1870
1
<
,
.'.
.
Boonvllle Bridge, 1st M., called (see text) I'n.
N w m on BoonrllleBrldge,g.,gu.,$l,000,000
Ciidr. bonds of companies operat'd separately—
8.W.C.A Imp 1st M.mi. p. A l..s. f.,oall at 125. F
Minotiri fnritie— Stock (.$ 100,000,000 autli.)
Pac. RK. of Mo. 1st M. extend In 1888, gold. !»Ie
2d mort. ext. In 1891 in gold, St. L. to K.
Loolfl real estate, ext. In 1892, gold.
M. Carondelet Br.,g.,gu. p.A l.(end.)ext.'93
1,000
390 500 Ac.
1890 500 &C.
1894
1,000
1901
1.000
1892
1892
1,000
1,000
1893
1890
1,000
-
.
J.
*g-
I.
I
4
i'.obo
100
100
.
$4,000,000 g., aaaum.Ce.
M.. $500.000g mi., being retired.Ce
Sh. Sh.
M $20,000 p. m., *., assu Ceo",
Kan. City* Pacificist M.gold, assumed. Ce...oJ
Guaranteed bonds —
Dallas A Waco 1st M..$20,000p.m. g.p.Al.gu.Oe c
M K. AT. of Texas 1st M., $20,000 pirn., g.,gu.«'e c*j
.1.
A5
5
F.
g.
J.
5g- M.
Texas.
M
162
162
202
125
1890
1892
1873
1901
67
152
1889
$
"l3
(?)
1,689,000
2,500,000
1,340,000
3,597,000
334,000
See text.
A£
1,000
100
283
283
55,280,300
13,000,000
187,000
39,813,000
20,000,000
1.66S.000
2,000,000
4,000,000
1,000
1,000
.
Co*
Bonds— PrinciINTEREST OR DIVIDENDS.
in*
pal, When Due.
per When Where Payable, and by Stocks— Last
Cent.
504.1.-.
X IYmM -Common
Mo. K
Outstanding Rate
isss
1899
Btute~n— See Missoriu Kan
dt
of
Amount
Dividend.
$100 $21,000,000
—
Missouri Ktui.ias
Size, or
Road. Bonds V alive.
Jfiun. «. P <f S. Ste. J/.— Stock (H) 7*4 pf n.-eum.)
.Minn. Sault Ste. Marie A Atlantic let M.g Ce..cMinneapolis A Pacific. 1st M., $15,000 p. ni.te.o"
Consol. M., gold, tut. guar, (end.) Bee text Ce.o*
•5,000.000, gold, lnt guar .€•
Car trusts April 30, 1901
Minnesota Transfei 1st mort. — ($ IS 1.000 are 4s»c
Mi*S.Colesb.Jr\t,in.Ry
.OOOs.f. I ll.c'
Jiiif. Rirer Humb. j IT— 1st M.,g., $400,000. « ol
Missouri Kmaeea
Date
[Vol. LXXIII.
1868
1,000
1871
1,000
1872 1500 Ao,
500
1873
Histort.— Formed June, 1888, by consolidation of the Minneapolis
Sault Ste. Marie A Atlantic, the Minneapolis A Pacific, etc. (See V.
46, pp. 53S, 609.) Controlled by Canadian Pacific whioh July 1, 1901,
owned $7,066,600 common and $3,533,400 pref. stock, etc
Bohds.—Can. Pac. guarantees by endorsement 4 per cent Interest on
all the bonds assenting to a reduction of interest to 4 per oent.
(See
V. 50, p. 7-U; V. 51, p. 239. About one half the Minn. & Pac. bonds
and practically all of the other Issues assented. V. 54, p. 799.)
Abstract of Minneapolis Sault Ste Marie <t Atlant ic mortgage in V. 45,
The eonsol. mortgage of 1888 (trustee, Central Trust Co., mort
p. 243.
gage abstract Chronicle, V. 47, p. 142), was for $21,000,000 on 800
miles (sufficient of this amount being reserved to retire the prior
bonds) and for $20,000 per mile on all additional mileage. See V. 73,
2
4
g>
g.
A
A
A
M. A
A. A
A. A
A. A
J. A
P. A
M. A
M. A
M. A
M. &
J. A
J. A
F. A
J. A
M. A
988,000
6
76,131,000 See text
7,000,000
i g
2,573,000
800,000
5 g.
237,500
4ifl g.
A.
-
A
A
A
A
A
A
A
A
J. N. Y., B'k of
do
J.
do
J.
J.
do
Montreal.
do
do
do
Jan.
Jan.
July
Jan.
New York A Chicago.
lstN.B*k>t. Paul.Minn
Boston.
J
N.
N. Y., Col. Trust Co.
1903
Aug.
July
Nov.
D. N. Y. OfBoe, 49 Wall
do
D.
do
A.
do
do
N.
do
do
June
June
June
A.
O.
O.
O.
D.
A.
N.
S.
N.
N.
do
do
do
do
do
June
Aug.
1,
1,
1,
1,
1,
1,
1,
1,
1,
1903
1990
1996
1944
2001
1942
1942
1943
1990
Nov.
St,
1,
1940
1942
1901
1951
Nov.
Apr.
do
do
do
do
do
do
do
do
do
1926
1936
1938
1949
A 1907
1, 1916
1, 1919
1, 1917
1,
1,
1,
1,
do
do
do
do
Apr.
Apr.
Sept. 1,
Nov.
Nov.
1,
1,
do
July 1. 1929
do
N. Y., 195 Broadway. July 20,'01,2i«
A. N. Y., Mercantile Tr. Co, Aug. 1, 1938
July 1, 1938
do
do
J.
May 1, 1938
do
do
N.
J.
J.
O.
do
do
Oct.
1,
1938
A T. mort. of 1890. The bonds formerly guaranteed, were
assumed upon consolidation in May, 1901.— V. 72, p. 1034, 1115.
Guaranties.— Interest is guar, on Booneville Bridge 7s, and prin
oipal and Interest on Dallas A Waco bonds (issue limited to $1,340,000).
The $334,000 Boonvllle Bridge 7s were called for payment on Nov.
under M. K.
1,
1901, a
on, the ol
terms
—V
new
I
Issue of 50-year guaranteed gold 4s to be made therebondholders being given the right of exchange on certain
73, p.
The M. K. A
494
Ores.
Set.
Int., taxes, etc,
Bal.,sur.
in Texas mortgage seourts $10,000,000 of bonds at
$20,000 per mile for extensions in Texas. They are guaranteed principal and interest. See above, and guaranty V. 56, p. 604.
The Southwestern Coal <6 Improvement Oo.'s bonds are guaranteed.
Mortgage ($1,000,000) covers the ooal on 51,000 aores In Indian Territory, and the company also owns 2,350 acres additional, the Denlson A Washita Ry.,15 miles, mines in active operation, etc
Equipment Notes— On June 30, 1901, these aggregated $912,257,
payable part yearly till Aug.. 1905. A contract was made for 2,000
oars to be delivered during 1901-2 on deferred payments.— V. 73, p. 609
Latest Earnings.— 1 month ending July 31
Balance.
Charges.
Gross.
Net
$303,709 df.$36,240
19012
$267,467
$1,255,044
2H9.2H8 df.110,125
179.1C3
1900-1.
944,959
Operated 2,480 miles In 1900-1, against 2,222 in 1899-0.
-01
$1. "17.575
1S99-00
.SIM, 188
$1,952,737
2,596,605
$1,624,864
1,715,733
$327,873
880,872
in April.
P- 19
Of the $5,000,000 2d 4s of 1899 $3,500,000 were issued to take
up certain maturing interest-bearing obligations and current capital
expenditures and for equipping of terminals and additions, the remaining $1,500,000 to be Issued hereafter from time to time only as
required -V. 68, p. 669. 771, 977; V. 71, p. 645.
LatkstF.arss.-2 mos. ) 1901
Gross, $928,508; net, *444,250
July
Aug. 31.
1 to
1900
Gross, 706,978; net, 241,616
ending June 30,1900, was In V. 71, p. 645.
J
Report.— Report
for year
Tear.
—(V.
6
68, p. 977; V. 69, p. 906; V. 71, p.
15; V. 73, p. 185.)
ninne»ota Trannfer Rv.-Union road, owning 12*7 miles, extending from junction with Chic. Mil. A St. Paul at Merriam Park to
Fridley (with stock yards, etc.); side tracks about 44 3 miles; total 57
miles. In 1898 purchased New Brighton stock yards and Minnesota
Belt Ry. A Transfer Line, 11 m., included above, issuing $400,000 4s
-
therefor. (V. 67, p. 956 ) Stock, $63,000, equally owned by:
Chicago Milwaukee A St. Paul, Northern Pacific, Chicago St. Paul Minn. A
Omaha, vinDeapolls A Si. Lonia, Wisconsin Central, Chicago Burlington A
Onincy.Oreit North.. Chic Great Western and Minn. St. Paul A Sault Ste. Marie.
Additional bonds can be Issued for property and Improvements as
required. Principal only is payable in gold. Mortgage trustee, St.
Paul Trust Co St. Paul. Minn.— ( V. 66, p. 1238; V. 67. p. 956.)
,
DNbtlMl Colenburs: *
tion In Jan.. 190',
TOanchenter Ry.— Under construc-
from Dyersvllle to Colesburg.
la.,
50 miles.
T<
be
1901. Stock authorized, $100,0. 0; outstanding, July,
1900, $20,000. President. James Prentice.
.
••din
Ml—laatpjH
River Hamburg A Western Ry.—Control pur1901 by or for Mo. Pacific.
art Khik.ii- &. Texan Ry.— Road.— Operates aline with
northern termini at St. Louis, Kansas City and Hannibal, Mo., extending southerly across the Indian Territory and the Texas cotton belt to
tidewater at Galveston, on the Gulf of Mexico. It embraces:
Road owned.
Miles.
Operated not owned.
Miles.
Hat
lo., via Oenlson A
Henrietta to Wichita
18
Whltesi.oro. to Henrietta.. 689
Operated Jointly.
rare toGreenv.,Tex.,Ao... i02 St. Louis to Texas Junction.. 24
June. City, Kan., to Parsons. 158 Kansas City to Paola
43
Texas Jn. to Franklin Jet... 162 Whiti-sboro to Ft. Wortli
71
Ft. Worth to Houston, Tex..
Galveston Hous. A Hend
50
Paola, Kan to Sedalia, Mo
86
Paola to Stevens, etc
150
Branches(lljto Mineola, etc. 500
chased
in
Ml—
—
,
.
Total owned
2,271
Total operated June 30,';. 1. 2.480
Extension of Mineral Branch eastward to Galena, Kin., and Joplin
M ., under construction In Oct 1901.— V. 73, p.
v, Ac— Reorganized in 1890, without foreclosure, [plan
Out.
to V. 49. p. 719.1 the old first mortgage being paid off at par.
The $2,468,900 stock of the " M. K. A T. Railway Co. of Texas"
Is deposited with Central ]
e for 'he M. K. A T. secu(V. 54. p. 1047
V. 55, p. 298.1 M. K. * Eastern was ab
torbed li
C. A Pac. In 1900 and Slier. Hli. A So. in 1901.— V.
,
I
;
.
63, p. 30; V. 'A,
p.
-Land grant
Lami
in Indian Territory 3,110,400 acres, sub
to extlng il-hmenf of Indian title. For status in 1 s97 and 1898.
•ee V. 67, p. 222 V. 89, p. 542, 59 L (V. 55, p. 937; V. 61, p.1155.)
Boni.o - M. K A. T. 1st and 2d mortgages of 1890 [abstracts In V.
51, p 495] cover line from Hannibal, Mo., to a point HO miles from
71 miles of
and sundry
branches, the total ml
utgage.d being 1,601 miles, Including the
;
'
Sherman Shreveport A
but see belo
r the right to the
land grant In the Indian
<rved for T. A N. firsts; on -lock Exchange
So.,
These mortg;i
T
-rltory.
1
to Oct., 1901. $3!> 71
-
A
-mj
is
been
listed.
Payment or Interest on
the coupon of Aug. 1,
obligator}' since
2 p. C. In
'rly.
* Eastern bonds originally guaranteed were
the road forming the Ht. Louis extension from
to Texas Junction. Mo.. 162 miles. Bee V. 63, p.. 80
••
:
a»«nmed
in
•iklln.
.1
Mo.
••;,
'
The
, r ,pr,ri
$20,000 per mile; antuorl/
MOO were rerefund
both Issue*, the balance being for extendivlslon
V. 72, p. 1034.
.<
ern mortgage Is fcr $6,100,000 at
O.OOO. of wblci $1 ,01 1,000 pledged,
1-t
•
i
T.
Annual Report.— Annual meeting first Thursday after first Monday
Report 1900-01— V. 73, p. 609. See also editorial, p. 587.
1899.
1898.
1900.
Tear end. June 30.— 1901.
2,197
2,200
Aver.miles operated.
2,265
2,218
Passenger earnings. $2,65s,245 $2,152,768 $1,943,1?3 $1,919,556
9.394,922
9,559,000
Freight
12,097,618
9,886,995
568,680
592,289
647,220
586,749
Mail, express, etc...
Gross earnings. ...$15,403,083 $12,626,512 $11,930,334 $12,047,237
8,012,829
8,182,388
8,7^5,470
Opo. exp. and taxes. 11.134,147
Netearn.,inc.oth.inT[$4.307,073 IT $3,904,251 '"$3,979,093 U$3,933,939
3.061,760
3,082,093
3,063,593
Interest on bonds..
3,118,015
397,422
371,292
366,817
Rentals.. Ac
389,142
r
Balance
si $799,916 sr.$450,866 sr.$549,683 sr.$174,758
H $38,137 in 1901 and $43,209 in 1900.
Officers.— Chairman and President, Henry C. Rouse. New York
Vice-Pres. and Gen Manager, A. A. Allen, St. Louis, Mo.; Vloe-Pres
and Treas , C. G. Hedge, New York; Secretary, 8. Halline, 49 Wall St.
New York.
Directors— J'.hn T). Rockefeller Will iam Rockfeller, Henry C. Rouse, Colgate H yt. Henry W. Po'ir, Joel K. Freeman, Chas. G. Hedge, James Brown
P tier and Herbert r,. Satterlao, New Yorx; Myron T. Herrick, Cleveland. O.;
F.N. Finney, Milwaukee, Wis.; B. P. McDonald, Alfred J. Poor and T.N. Sedgwick, of Ka sas; H.J. De Marez Oyens, Amsterdam, Holland,
—(V. 72, p. 1080; V. 73, p. 389, 494, 609.)
'I Ihmoii ri Pacific Ry.— (See Map.)— Operates Important system of
roads extending westerly and southwesterly from St. Louis, Mo., including main lines from St. Louis to Omaha, Neb., 495 miles, and from
Kansas City to Denver, Col., 758 miles, with many branohes in Kansas, etc. Through the St. Louis Iron Mt. A Southern, which it controls,
connection is had with Texas and the lines of the Texas A Pacific
International A Gre-it Northern and the St. Louis Southwestern, the
whole forming what is known as the "Gould System," in which the
heirs of Jay Gould are largely interested Oee list of Mr. Gould's holdings, V. 60, p. 83.) The Mo. Pac. projierty includes
Lines owned and controlled. Miles. Leased lines and trackage. Miles.
495 Boonvllle St. L. A Southern. .. 44
St. Louis to Omaha
81
Pleasant Hill to Joplin, Mo.. 133 Verd. Valley Ind. A West
52
450 Leroy A Caney Valley
1 2 branches owned
48
Kansas City A 8.
Proprietary lines [entire st'ck
27
Trackage to St. Joseph, eto
own'd]form'glineto Pueblo,
1,833
'•ol., etc
3,163
Total Mo. Pacific and branch lines
Also owns all capital stock of Central Branch Union Pac, etc, 388 m.;
St. Louis Iron Mountain A Southern and leased lines, 1,773 miles.
Orand total Missouri Pacific mileage January 1, 1901. 5,324 miles. In
1901 extension building from Oronogo to Webb City, Mo., 40 miles, and
Boonvllle to Jefferson City, 22 miles
Rio
Early In 1901 a large Interest was acquired In the Denver
Grande
ant so In the Rio Grande Western Rv , expending the
system as fa- west as Ogden, Utah. The Gould and Rockefeller holdings in the Denver A Rio Grande are together understood to constitute
a large majority of the entire capital stock. A more or less comprehensive consolidation of the Gould, or Gould-Rockefeller, lines, it Is
understood, is In con te nplation, though in Oct., 1901, not expected
to be announced for several months.
In Fob., 1901, control of the New Orleans A Northwestern Ry.,
Bastrop, La., to N itohoz, Mis-., 10.! miles, was acquired, the road to
(tended from Natchez to Little Rock, \rk., about 150 miles; also
of the Arkansas A Southwestern RR., Smithton to Pike City, 43 miles;
of the Ark. Midland RR., H-lena, Ark., to Clarendon, etc, 74 miles,
and of the Mississippi Hamburg A Western Ry., Hamburg to Luna.
Ark.. 43 mile*. In Mar., 1901, Che White River RR. was incorporated
to build from H iiesvllle, Ark., northwest to 8prlngtield, Mo., 150 miles.
The Pacific RR. of Missouri was sold In
Oroanizatiov, LBABM,
foreclosure September 6, 1876. The present company was a consolidation in August, 1880, embracing the Missouri Paclrlo and minor roads.
The bonds of the proprietary lines are practically all pledged to secure
:
W
—
&
RR
Ac—
:
r3
_
—
m h CO
f ©
as
(U TUBER. 1901. J
RAILROAD STOCKS AUD
BOtfDS.
»1
J
**
INVESTORS'
SUPPLEMENT.
rvoL.
Subscribers will confer a sreai favor by xlvlnsi Immediate notice of any error discovered In these
>.
l
INTEREST OR DIVIDENDS.
RAILROADS.
xxm.
i
rfcwi/T*-Prinoi-
Miles Date Size, or
pal.When Due.
Amount
Par
of
For explanation of column headings, Ao., see notes of
Outstanding Rate per When Where Payable, and by .sVor/cj Last
Road. Bonds Value.
Cent.
on rtrst page of tables.
Payable
Whom.
Dividend.
RR. of «o.- ifiMouri Pacific— ( Concluded)—
3d M. (oover'gaUp' ope.of Pacific RR. of Mo.iCe 296 1876 $1,000
Mo. Pacific 1st M.. Lexington to SedaHa, Mo, gold
55 1880 500AC.
1.000
Consolidated mortgage, ^0,000,000, gold .0' 1,076 1880
1,000
0*Ar 1,120 1887
Gold collateral trust In
1.0O0
671 1890
1st collat. uiort. bonds for $10,000,000 g.Jie.o*
1,000
52 1886
Ler. A Taney Val. 1st M.. ft., gw. IV. 70. p. 1095).e*
1.000
Verdigris Val. Independence A \v. 1st M.,g.,guar.
81
L886
If issouri Pacific System— St. Louis Iron. ill. rf So.
lien, consol. A 1. gr. M. ($45,000,000) g
Jle.c' 1,428 '81to'7 1,000
l.OOO
....
IV>
gold, stamped, guar. p. A l..o* 1.428
do
1,000
Unifying* ret M.. gold. $40.0< O.Oi O.Hp...o' 1,428 1899
Car trust* J ui e, Ub'l due yearly
1873
Baring Croat BrtdgeOo.,lst in.. gold, red. to6p.c.
165 1875 500 &C
Little Rook A Ft. Smith 1st M..laud gr. sink. fund..
1,000
2 1891
Little Rook June, 1st M.. gii. p.A l.by Ir. Mt Itte.o*
100
Mobile 4 hirwnmfik. A'w-Pref.stoek ($900.0oo)....
Prior lien, gold, $600.C00
Ce.o 149 1895 200, 1,000
1895 200, 1,000
Tie c
149
l.-t M.
$1,200,000
1,000
Mobile ackson </ K.
1st M..g., $4,000. OOO.Ce.o*
50 1896
100
Mobile * Ohio— Stock ($10,000,000 authorized) gold
472 1879 500 Ao.
1st M..Mob. to Col.(prin.g.,int. lawful money). F.o*
1,000
55 1883
let M..exten.,("olum. to Cairo \- branch, gold. K.o"
General rnort. for *l<>.r.oo.ooo, mow gold) s. f. Fc 527 1888 500 Ac
1,000
Montgomery Dlv.. 1st M.. $4,000,000, gold t'e.o* 189 1897
1900
1,000
Collat trust, gold. ($-',500,000) call at par ti.o*
5OOA0.
iei 1886
St. Louis A Cairo 1st inert., gold. Int. guar.G. ..0
Mobile A B.Sh. 1st M., 8200,000, gu.,p.A i.,g.F.O*
38 1899 500 Ac
94-'98
1,000
Equipment bonds ^Iti.'i.iHK) are 6s).
I8«9
1.000
Equipment trusts "A" A "B" (V. 71. p. 749). s. t.
1,000
MoA .4 Hal -lstM..$15,000p.ni..g.,gu.p..ti.(en.) C 181 1892
1892
1,000
Income bonds non-oum., 5 per cent (see text) V n
Fiic.
$3,828,000
650,000
14,904,000
14,376,000
9,636.000
520,000
806,000
>
.
.
M.
5*
6 g.
F.
«
5
g
-
.
1*
;
-
-
•
M.
M.
P.
J.
g.
35,716.000
5 g.
6,956.000
5
23,480.000
4
2,104.000
6
200,000
6
2.342,500
7
435,000
6
900,000 See text.
600,000
1,200.000
1,000,000
5 g.
5,320.600 See text
7,000,000
6
1 .000.000
6 g.
See text.
g
i g.
4.< 00,000
5
2,4^4,000
g
S (?•
4,000,000
4
200,000
5 g.
68^.000
5-6
ft
1,000.000
2,500.000
4 g.
3,900,000 5 on Sept
I
C—
7
M.
A.
A.
J.
The Iron Mountain stock Is mostly owned by the
Missouri Pacltlo. Control of the International A Great Northern
was secured in 1S92 and of Central Br U P. in 189S-99. See V. 68,
p. 329, 520. In Nov., D 00, purchased entire stock of Kansas City
Northwestern By. V. 71, p. 1121. As to Texas A Pao.. see below.
Stock.— In July, 1901. the authorize I oapital stock was Increased
- 100,' OO.OOo.
from »70 00
The amount outstanding on Dec.
1.432,150, «Bd thla latter waa Increased to *76,13l,31. I9oo
00O in 1901 by the conversion of tll,21S.Ooo collateral trust bonds and
by issue of ?.'. »;$, 00 for purchase of entire » took, and 1 2.983 500"B'
bonds of K.
Worth western, and by furtherlssue of »14 2,2.000
part v at pur to s ockholders) to purcha-o »1 1,800.000 common and
87,300.00)0 Dref» rre 1 stock- f Denver & Rio Giande and lor other purpose*. The e tuna ted surplus In 19ol applicable to rlh Men. Is. not including ant Income of railroad properties supposedly acquired with
the prooe*ds of the new stock, is $rt.H07,000 (against $3,3- 6.00D in
1900i, or 01 er 1 per cent on the stock as increased. — (V. 72, p. 1188,
123s. l.'sO; V. 73, 1.. 18
Dividknds— ) 1881. '82. '83to'87. '88. »89. *90. '91. '92to'00 1901
Percent... S
4
None
6
6 1* 7 yearly. 5H 4
3
2*
On July 20, 1901, a semi-annual of 2>u p.o. was paid. V. 72, p. 12S8.
Bonds —The consolidated mortgage is for $30.000,000— trustees John
F. Dillon and Edward D. Adams the balance unissued Is In trust to
redeem prior bonds due If deemed best. Abstract In V. 47. p. 287
The collateral trutt bonds due 1917 (Union Trust Company of Nev
York, trustee) are secured by n-ortgage bonds of new roads at $J o 000
or 815,000 per mile; tbese embracing the line from Fort 8cott, Kan.
to Pueblo. Col etc. For securities pledged, etc.. see V 46.p.678.
Collateral trust bonds due in 1920, see V. 50. p. 669, 874.
General Finances.— In Dec, 1900, $22,2*7.000 of the $23,172,588
Texas A Pacific 2dfl had been exchanged for 60 per cent in anew St.
In July. 1901, diviL. A I. M. bond. (V. 68, p. 2*3, 619, .2\ 774.)
dends on ttoc-k weie resumed. V 72, p. 123". The +1 1.218.0' convertible debentures of 19C0 were retired in 1901 from the proceeds of
the new stock. See above.
In July, 1901, dividends were resumed.— V. 72, p '238.
Earnings— 7 months, >1901.... Gross. $20 08 '.096. net, $7,110,692
Gross, 17,286.999; net, 5,143,554
Jan. 1 to July 31.
J 1900
Aicncai. Report.— Fiscal year ends Dec. 31. Annual meeting is held
at St. Louis in March. Report for 19oo was in V. 2, p. 529. Earnings
of Missouri Pacific system have been as below. "Other income" in
1900 Include- Dividends St. U I. M. A *o. Ky .$1,543,971; American
Refrigerator Transit Co.. $20,615; Pacltlo Express Co., $228,000; Int.
on funding note-. $14,137.
lear > mi i» 1 Dec. 31.
1900.
1899.
189 a
Mile* operated
4.938
4,938
4,938
Total earnings
$30,511,313
$28,079,820
$26,744,822
Netearni.g10.653.147
8.447,707
7,572,254
Other Income, Ac
2.709.619
1,914.328
835,435
.
-
I
—
.
:
.
Total net Income
$13,362,765
Interest paid on bonds... $6,372,328
Rentals and Uiet
1,273,174
Sundry account*
783.260
Dtvs.onSt.LALM.ASo.Btk x 1.5 47, 2 12
$10,362,035
$5,696,750
$8.407.K89
$5,346,195
1.410,817
470,778
1.412.441
2.096.172
x 515,745
Balance
sur.$3.386.761
sur.$640.927 sur.$l. 179.899
This offsets a similar Item Included with "other Income, etc.."
above, the surplus <« ,3S6,"61i for the year being the total earnings
of the system an. r de.iu.-ti g all charges. The aotual surplus, however, w.i* «3, 957,000, as »b»wn In V. "2, p. \s.;-<
Officers.— President, George J. Gould; Secretary and Treasurer, A.
r.rk.
H « » ef. 195 BroMilw.i
.••tko J Qoald, Rotsell Suae. Kdw D '.null. Httnuel Hoan, John
.<!- Vug r.)
Jlowrad (} a •«, J. I»e W If inning. red T. limei
P. Muna
c. ...SVarner, l.uv eil Hardi g, VV. K. liixbr
<1. .New York
and Fr«i k J. <;
•.
*
1
V. 1
-,
p. l-oO:
1
V. 73.
p. nib).
nisxoiirl Marine Sj.iim-M, LodU Iron '1 <m nlai 11 A
Southern It}.— < Stm Map.,- OWBSBt Louis to Texarkana, Tex. Line.
ut, Mo.. Bird's pt., Mo (Cairo), Camden, Ark,,
490m.; >rai..
Helena, Ark., Cushman, Ark., Arkansas City, Ark., Warren. Ark., Mem
phis, Tenn., Ac, 747 miles; Houston Central Arkansas A Northern RailAlexandria, La., 190 miles; total owned JanuLeasee Little Hock A Fort Smith and Little
Rock Junction railroads, 176 miles; Kansas A Arkansas Valley Kit
170 miles. Total operate December 31, 1P00. l,77.'j miles
In f>e«.. 1P00, holders of $ 2.267,000 or the $23,172,588 Texas A
Pacific seeonda eiehaDged their bonds for W> per cent in new Iron
Mtn. gold <s bearing Intere-t fnim July 1, 189'.). See Bonds below.
also V. 68. p. 329. 3S0, 474, 520. 572, «1&, 7X5. 774.
6TOCX.— Stock wa* #25,787, 30, of which $25,732,935 Jan. 1,1901.
was iwn«l by Missouri Pacific— mostly acquired In 1HH1. Authorized
limit Increased in K99 to $80,000,000. V. t9, p 27. Dividend In 1899,
2 p. e.; In i»oo. 6 p. c.
Bonds -(.eneral consoL mort. Is for $45,000,000, Nos. 11,001 to 18,000 Inelnslveare endorsed with theMlssourl Pacific's guaranty of prlncllntc.-e-t
form of
was
Kl and the entire system. guarantyp. 35,In V. 56, p. 650; they are a first
n on
233, 520.)
(V. 68,
way
ary
srk., to
1.
I'.HA).
1,427 miles.
I
.
&
do
do
do
do
J.
8.
J.
D.
A.
A.
O.
J.
O.
J.
J.
J.
A D.
Q.—Jan.
M. A 8.
F. A A
Q.-F.
J. A J.
M. A N.
J.
Various.
IT
M.
.
I,
A
8.
Jan.
Apr.
Apr.
July
Aug.
July
Mch.
1,
1,
1,
1,
1,
1,
1,
1.
.
1901
-A."
The new gold 4s of 1899
not over $10,000,000. at
do
do
do
do
1906
1920
1920
1917
1910
1926
1926
1,
1,
1931
1P31
1929
1901-1905
Apr. 19. 1898
Jan. 1, 1905
Apr I, 1916
June 1, 1901
N. Y.,J. P. Morgan* Co. July 1, 1945
do
July 1, 1945
do
N.Y., Colonial Trust Co. June 1, 1946
N. Y. Office, 80 B'riway Oct., 1901, 1%
N. Y., Farm. L. A Tr. Co. Dee. I, 19i7
do
do
July 1, 1927
N. Y., Gallatin Nat. Bk. Sept. t, 19S8
N. Y.. Central Tr. Co.
Fen. 1, 1947
New York.
May 1, 1930
N. Y.. Farm. L. A Tr. Co. Jan. 1, 19*1
let Nat. Hk...Mobile, Ala May 1, 1949
N. Y., Farm. L. A Tr. Co.
to 1919
do
do
1919
N. Y., Knickerb. Tr. c
Sept. 1, 1991
N. Y..Gr. Cent, station. Sept. 1, 1992
M. & N "B. A. AO.
O.
O.
J.
J.
J.
J.
A.
Nov.
Aug.
Nov.
do
do
do
do
do
do
do
do
do
do
do
do
do
do
London. Eng.
S.
A.
A
A
A
A
&
A
J.
Co
1
;
issue $30,000,000) may he Inoreased
$12.< 00 per mile, for construction or
of branches ana extensions.
They are
secured by alien (subject only to the general cousols ou all the railroads, terminals and equipment of the couip my, and also a first and
only lien on all stocks ami bonds now embraced in tte trust of the
gold fundiug uoto indenture upon satisfaction thereof, all leased and
branch Hues, or their bonds aud stocks acquired by the loan, and all
Texas
Pacific seconds acquired, and all future extensions and
branches constructed or acquired.
Of the $30,000,000 at present authorized $1 ,250.000 were Issuable to retire the entire
issue of Texas A Pacific seconds, and $i2,ll'.0<>0 to retire at once
acquisition
(first
aud equipment
&
$3,952,000 gold funding notes and $3,112,000 Kansas A Arkansas
Valley 1st 5s, and also eventually $2,596,000 Little R<>< k A Ft. Smith
bonds, $435,000 Little Bock Junction 1st (is, $r>83,000 car trusts, and
$20",00 n Barinsc ross Bridge bonds and the baUuoe, $1,6X6.000
available for improvements.
Annual Report.— Report
(V. 68, p. 619; V. 69. p. 27; V. 70, p. 997.)
1899 in V. 72, p. 577. showed:
Tear ending Dec. 31—
1900.
1898.
1899.
Gross earnings
$14,581,037 $13,H06.118 $12,633,545
Net earnings
6,033.022
5,029.581
4,302,966
Other receipts
997,051
399.235
44,856
Total net income
6,432.257
6,026,632
4,347,822
2,e38.313
Intereston bonds
3,070,598
2,287,758
Taxes, bridge exp., renfls, Ac.
1,205 547
2,631.519
887,621
Dividends
(6%)1,547,242 (2%) 515.745
for
sur.$608,870 sur. $24 1,055 su.$l,172,243
27; V. 70, p. 329, 947, 997, 1292; V. 71, p 1121.)
ITIoblle
Kirmiii^liaiii
Mobile to Marion J unction, Ala.,
149 miles; opened in July, 1888. Leased to Southern Ry. from June 1,
1899. for 99 years, the latter agreeing to meet the interest on bonds,
and to guarantee a dividend on the $90o.000 preferred stock of 1
per cent for first year, 2 percent for second year and 3 ner cent for
third year, and. 4 per cent for the fourth year and thereafier. The
$900,000 common stock is owned by Southern Ry., an the voting
power on the preferred irrevocably assigned to the Southern Ry.
during the t- mi of Hie lease. V 68. p. 429, 1134; V. 69, p. 391 V. 71,
Earnings now Included In those of Southern Ry. Reorganp. 1013.
ized after foredosurein 1895 per plan V. 60, p. 657. Report for 1897-8,
in V. 67, p. 1 306.-IV. 71, p 1013; V. 72, p. 13 )
Balance for year
— (V. 69.
fc.
UK,-
A
1
;
Tloblle
Jackson A Kansas City RK,- Projected
from Mobile,
Ala., northwesterly, to Jackson, Miss., a total of 186'5 miles. In July,
1901.50 miles from Mobile to Merrill were in operation, on whioh
$1 .000,000 ol bonds had been Issued, and extension from "errlll to
Hattiecburg, Miss , about 50 miles, was under construction. Stock,
$4,000,000; issued July, 1901, $1,000,000 ; par of shares, $100. Bonds
limited to $20,000 per mile.— V. 70, p. 687. Report fo> year ending June
Iu 1900-1 (50 miles), gross, tl401 730;
30, 1900, was in V 71, p. 232
net, *76,272; in 899-o. gross, $114,363; net, $56,900. Preeident.F. B.
Merrill.— (V. 71. p 232.)
1
mobile A Ohio
It It. —(See
Map.)—OwriB from Mobile,
Ala., to Co.
lumhus, Ky., 472 miles, proprietary line, Kentuoky A Tennessee RR.
to E. Cairo, 21 miles; branches to Columbus, Miss., Ac, 34 miles
Columbus, Miss., to Montgomery, Ala., 167 miles; with Warrior Branch,
9 miles, and Blocton Branch, 12 miles; total owned, 7 5 miles; St. Louis
A Cairo (leased). Cairo to St. Louis, 152 miles, with branch to
Millstadt,9 miles; total operated, 876 miles. On Dee. 1,1899, the Mobile
A Bay shore Ry whose entire stock Is owned aud bonds guaranteed,
was completed from Pritchards to P01 tersvllle on the Gulf of Mexico
and Alabama Port, a distance of 38 miles. (V. 69. p. 856.)
History, Etc.— '>pened in 1861; securities readjusted in 1879.
Lands June 30. 1900, were 312,841 acres, valued at *183.12t.
In 1901 the Southern Ry. had acquired $7.8 -5.000 of the
$9.«72.O00 gen. 4s and $4,89h,<>00 of the $5,320,000 stock, issuing,
dollar for dollar, its collateral trust 4 per cent gold bonds in exchange
for the M. A O gen 4s, secuied by a pledge of the latter an also stock
trust certificates f r stock, dividends beln* payable (A. A O.) at 2 per
cent, for one year, 3 per cent for the second year and 4 per cent In perpetuity thereafter. The first dlv. of 1 per ceni was paid Oct 1, 1901.
lie r ,ul will continue to be operated Independently, but under the
supervision of the Southern Company's officials.— V. 72, p. 241, 483.
Dividends.— First dlv. (1 p. c.) paid Feb. 28, 1898. As to dividends
on stock trust, certificates see paragraph above
8TOCK.— Stock authorized, $10,000,000; outstanding, $5,320,000
fiar, $100. The voting power on $4,967,200 of the stock is exercised by
he general mortgage bondholders by virtue of the deposit in trust
under the general mortgage of the old debenturn of 1879, upon which
;
1
x
I
A
N. N. Y., Mercantile Tr.
A.
do
do
N.
do
do
Quar'ly.
11
Mo. Paclflc loans.
A
A
A
A
A
A
A
A
,
I
this voting
power was conferred.
Bonds. -Under the general mortgage of 1888 there oan be no foreMortgage abstract, V. 47, p.
closure till foui coupons are In default
Interest on $4,000,000 8t. Louis A Cairo 4s is
83. V. to, p. 967
guaranteed. As to Mont. Dlv. st 5s. see application V. 66. p. 1045.
Of the K2.500.000 collateral tru«t 4s of 1900, $2,170,000 were issuable In eaobaiige for the $6,500,000 St. LcuIh & Cairo stock. See
V. 70. p. 532. In Sept., 1901, $6,483,000 stock had been exchanged.
V. 73. p 663.
Report.— Report for 1899-00, V. 71, r. 749, Including Montgomery
Division, 188 miles, In 1900. Statement for 1900-01, T. 73, p. 720.
1
I
October,
RAILROAD STOCKS AND BONDS
1901.]
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80
'
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p
tJirj
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f^kifelrjc.
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Pablo Beach
-::; -.
1
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balatWi
''--%&&
MAP OF THE
s
?.•»
/
MOBILE & OHIO ,/ /
RAILEOAD
AND CONNECTIONS.
*
-1
"|bade
il/l
«a
K^
Pemb>Jton F,,
;
C,"
rXk
iy.J'pORT
yBartm
/.«TAMP»
/
/
li.taxhalet
:
94
ItfVESTOKS' SUITLEMENT.
RAILROADS.
Date
on
first
page of
100
,
...
102
157
204
mortgage. Alexandria Extension, gold. F
General mort ga ge. V
Xorru it Esses— Stock, 7 p. c. guar. D. L. A W
"
mortgage
Con. M. (for $25,000,000) guar. D. L. A W F.o'Ar
1st refunding mortgage, g.. $35,000,000
F
Hoboken Land a Improvement, -d ser
Special real estate bonds
>forrls A Essex Extension stock, guar. 4 percent
Caroon d
1P00 $1,000
1890
1,000
1866
1867
1898 100 Ac,
1878
1,000
1880
1,000
1893
1,000
50
1864 500 Ao.
1875
1,000
....
....
....
1st
85
120
Var'us
Carbon «.R.-8tock (rent'lguar.)
Muscatine No. J .so— 1st M.. $450.000gold
N
Musktgon Or. Rapids rf Indiana— 1st M., gold.Ce.
Sarragansett Pier RR.—lut mort., $100,000
•>ashua 4 Lovett— Stock, 9 p.o. rental, 92 yrs.B.AM.
v ashcUie Chattanooga <£ St. Louis— Stock
o'Ar
1st mortgage (for $6.800.000)
1st M. on Fayette, and MeM.brs. ($6,000 p.m.)o* AT
1st mortgage on Lebanon Branch
c"
1st M. on Jasper Br. ($90,000 are 8s, due 'OOlCe.c'
1st mortgage on CentrevUle Branch, gold. Ce.o* &r
1st M. on Tracy Cttv Br. (Tenn. C. A I. RR.).o**r
Duck R. RK., 'id mortgage, now 1st mortgage, g.
Oonsol. M. ($20,000,000) $20,000 p.m.. gold. Cs.o"
W. A At. lncs .»520,000),$26,OOOdue y'ly.g.Cc.O
Mt.
100
50
300 Ao
1898
1886
1,000
1896
1,000
100
....
100
1873
1,000
1'ort
Tear end'g June 30—
1901.
Miles operated
b76
Total gross earnings. $6. 14 2,035
Net earnings
1,778.027
Net, lncl.oth. income. 1.888,942
Interest and rentals. 1,552,979
Tar
Road. Bonds Value.
tables.
Monongahela Ktrer KA\-Bouds-See B. A O. RK.
Montana Central -See Great NorTHKJRN.
Montana RR - 1st M.. K S3.000.000
Ce.o*
Montgom'y A>ifX.-l at M., $200,000. lawful money o
Montgomery •£ Eru Ry.— 1st in. (old 7s ext. In '86)
2d mortgage (old 7s extended In 1887)
Moore Co. 4 West. -Const. M., g„ $S50.0O0. ext I B
M rrgan't La. <* Texas— 1st M.iNOr.to Morg (i).Fo*
1st
Size, or
of
Miles
For explanation of column headings, Ac. see notes
of
28
37
85
15
340
125
29
43
46
1877
1877
77-'83
1883
1887
1881
1888
1895
20
48
798
....
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1899.
1898.
876
688
688
$5,f 96,731
$4,531,153
1,451,631
1.451,631
1,144,527
$4,207,319
1,300,745
1900.
1,663.105
1,756.273
1,41?,645
1,3(j0,745
1,074,880
$225,865
* Equipment and new construction (additional to operating expenses) cost $180,697 in 1897-8; $271,748 in 1898-9; $314,990 in 1899 0;
$386,642 iu 1900-1. Out of accum. sur. paid $53,000 on 1st debs, in
1896-7 and $53,206 (I p. c.) on stock in 1897-8.- (V. 73, p. 663, 720.)
M.>h«\\k A .Tlaloii' Kit.— (See Map JV. T. Central.)— Owns fron
Herkimer, X. Y.. on the H. Y. Ceutral's main line northerly to Malone
od the Central Vermont, with branches, 181 miles in all.
History, Lease, Etc.— In 1893, N. Y. Central leased the road and
guaranteed its first mortgage bonds. The surplus In any year after
payment of the first mortgage interest for that year to pay
not exceeding 5 per cent interest on the incomes. N. Y. Central owns
the $4,500,000 stock, and has the option of retiring the Incomes at any
time, issuing in lieu thereof 2d mort. guar, gold 4s. V. 56, p. 501.
Bonds, see V. 56, i>. 782.
1899.
1900.
1901.
1897.
1898.
DrvnucRDe
1896
>
1
5
2
3
on iccmi.es. J
2
3^
Year ending June 30, 1901, gross, $973,451; net, $343,171; first
charges, $1:* 1,360; iut on it. comes (5 p. c), $195,000, bal., sur.,
$16,-11 -(V. 72. p. 873; V. 73, p. 445.)
44 ,n« n
on. "—See Chicago lai ianapoi.is a Louisville Rr.
Itloiionxulirla River KK.— Road from Fairmont to Clarksburg,
W. Va.. 31 miles. Road opened In 1890. B. A O. owns all of the $1,300,000 stock (par $100), the coal bonds 1 elng reduced to$l,0O0,C00. Car
Balanoe. surplus"
.
.
$335,963
trust 6s. principal Apr.
$337,629
$307,104
1901, $447,000.
in V. 70, p. 1092, showing, gross, $288,910;
net, $11 1,635; int.. taxes, etc., $42,318. Earnings from Apr. 1, 1900,
Included In those of B. A O.— (V. 70, p. 1 092.)
Lombard, Mont., to Harlow ton, 94 miles, and
Montana
from Summit to Leadboro, t miles, total, 100 miles. Stock authorized,
$2,500,0 0; issued, $1,574,000; par of shares, $100. Of he $2,000,000
bonds, all reported as outstanding, $!>99,000 are stamped redeemable
at 105 and Interest on 6 months' notice, the remaining $1,001.0(0
being held June 30. 1901, by the Northern Pacific Ky. as collateral for
1303,670 notes. The $1,."00,000 first consols, dated July 1, 1896,
were redeemed by the new itsue. President H. D. Moore, Philadelphia, Pa.; Vice- Pre*, and Treas., Richard A.Harlow, Helena, Mont;
(V. 71, p. 1167.)
Bee., W. J. Fuchs, Helena, Mon
Owns road completed In Aug
Tlontr r > a tli limn <;u)f
oat, 1891, from General Treviuo (on the Mexican International RR.) via
Monterey to Tampieo, on the Hull, about 390 miles. See V. 62, p. 85.
Purchased In June 1901, by the Mexican Central Ry the stock receiving 1,900 fran< - per -hare. V 72, i>. 1238; V. 73, p. 185, 337.
Earnings.- Si-\ in nios. ending July 31, 1901, gross, $776,672; net,
Year ending Lee. 31.H00, gross, $1,389,854; in 1899
207,9«5.
gross, $i ,294,404 (Mex. cur >; net, 9821,221.- (V. 72, p. 1238.)
• .flon'conier) Kelt Line Ry.— Owns real estate and a belt
line in Kontgomr ry, Ala., about one mile of track on Tallapoosa,
Bell, Perry and Columbus streets. Alabama Midland Ry. pays an
annual rental of $15,525. The l'lant Investment Co. owns 90 per cent
of the stock. Capital stock Is $200,000 par, $100.
^loiiteomcrj A Frle y.— {See Map Erie Railroad.)— Owns road
from Montgomery to Goshen, N. Y., 10 miles. Road opened 1867.
1,
Earnings.- Repoit 1899
KR.—
.
RR.—
<
,
;
R
Leased In 1872 to V, Y. I. K. A W. (now Erie RR.— which see.) Rental
§16,000 per annum. Stock, $150,000. Dividends (4»u per cent per
annum) are paid May 10 and Nov. 10. Sinking fund $6,500 per annum.
Is
Moore
<
o.
A
WcMom RR.— V. 69,p. 695; V. 71, p. 182, 236,437.
Zflorsan's Louisiana 6c Texan RR. 6c Menm-ln p< ompaii)
—(See Map of Southern Pacific.)— Koai>— Owns Algiers to Cheney ville>
205 miles; branches, 95 miles trackage to Alexandria, 24 miles; total
railroad lines, 324 miles steamship lines and ferries, 3,176 miles.
Okoam/.atios.— The Southern Pacini ompanj owns all of the $15.The lessee pays all
000,000 stock and operated road under lease.
charges and also 23 pet eentOi the net profits under the "omnibus
has 8 iron steamships and 6 ferry and river steamers
lease." Company
and 6 togs plying between New York and New Orleans and between
Gulf ports; also wharves and warehouses.})
Eakmjsgb— 11 months, ) 1900-1. Gross, $7,417,109; net, $2,7^0,937
ilttW-O Gross, 6,559,522; net, 2.09V-M0
July 1 tr, Mh
In year ending June 30, 1000, gross, $7,0ai,ll4; net, including
J.556; snii.lus over charges, $1,071, 07 net due
-i.i
her
Oil
•
;
;
'
I
.
(
;
II iv.|
lease to So. Pac...*> o^4.846: In 169a-fl aioi*. §6.676.1
or veiavare Lackawanna <t
WisttTn.j—tjvuf, from Hoboken, N. J., to PhUDpshurg, N. J., 85 miles;
branch, Denvllle, N. J., via Morris A Essex Tunnel, to Hoboken, N. J.,
36 miles; leases 37 miles; total operated, 157 miles.
I.kask
L*a#<-dlh 1'rjx tult> to Delaware Lackawanna A West.,whlcb
assumed all llabllltler and pays 7 p. c. per annum on the capital stock.
8eefr.ru. of guaranty. V. 56, j>. s)2.
,000,000 IH ir funding 3>-. s. $V3. 9f>,000 * eie ie
serrec to retln exieiing.l.r ciis, tl.« i< mailing $l],03i',000 ibei.g ap-
a.
i.i
r<er
norrU A Ennex RR.— (See Map
I.'
om^t^I™
LVOL. LXX1I1.
INTEREST OR DIVIDENDS.
Rate per; When Where Payable, and
Payable
Cent.
A
&
A
A. A
M. A
A. &
°g J. A
5
J. A
7
J. &
7
M. A
7
J. A
3H>g J. A
See text.
$200,000
130,000
40,500
350,000
5,000,000
1,494,000
1,000,000
15,000,000
5,000,000
11,677,000
6.400.O
100,000
1,800,000
221,000
282,350
398,000
750.000
"0,000
800,000
10,000,000
6,300,000
750,000
300,000
461,000
376,000
400,000
22,000
7,412,000
In treasury
|
J.
J.
8
M.
5
5
Whom.
Koutte-PrliLcl-
pal.When Due.
b>
Stocks— Last
Dividend, %.
N. Y., Central Tr. Co.
N.Y., Metro pol'nTr. Co.
N.
Goshen, N. Y.
do
O.
do
J.
J.
July
Jan.
May
Oot.
1,
1,
1,
1,
1,
1&30
1910
1926
1927
1900
1918
1920
1918
In default.
Sept.
O. N.Y.,8.Pac.Co.,23Broad Apr. 1,
do
do
July 1,
J.
do
do
July 1.
J.
J. N.Y. Del. Lack A West. July 1, 01, 3%
N.
do
do
May 1, 1914
1).
do
do
June 1, 1915
1)
do
do
Deo. 1, 2000
4
Nov. 1. 1908
1912
do
do
4»u
4
M. & N.
do
do
Nov., 1901,2%
12
J.&J.15 Phila., Read'g Term'l. Julyl5,'01.6%
5
J. A J. N.Y..N.Y. 8eo. A Tr. Co. Jan. 1, 1929
5 g. J. A J. July ,'99, pd. June, 1901 July 1, 1920
4
F. A A. R.l.nosp.Tr. Co., Prov.
1916
M & N. Nashua, Indian Hd. Bk. Nov.. '01, 4V
9
for '98 Q.-F.
N. Y. and Nashville. Nov. 1, '98,1
7'
J. A J. N. V.. Continental N. Bk. July 1, 191
do
6
&
do
Jan. 1, 1917
J. &
do
do
6
Oot. 1, 1917
do
do
Jan.,1906&'23
5g &8 J. &
A
Jan. 1. 1923
do
do
&
do
do
Jan. 1902 to* 17
Nov. 1, 1909
do
do
6g. M. & N
A. & O.
do
Apr. 1. 1928
do
I g J. & J.
do
Jan. 1, '02 '20
do
5 g.
S.
8*
'
plicable to additions and improvements. The first issue is $6,400,000
-V. 70, p. 4S0. 477; V. 71, p. 1167.
Earnings.—The road is Important to the Delaware Lackawanna A
Western as a route with terminal facilities on New York Harbor, but
the earnings show a large annual deficit, viz
After the payment of
rental in 1900, $1,990,853; in 1899, $972,000; in 1898, $1,784,000.
Owns Mt. Carbon to Port
Carbon 6c Port Carbon
Carbon. Pa., 3 miles; second track, 2*2 miles; total track 16 miles.
Leased March 5, 1860, for 50 years to Phila.
Reading RR. and lease
assumed in 1896 by Phila. & Reading Railway. Rental $36,250 yearly.
Muscatine, Iowa, to Elrlck,
Muscatine North 6c South
on Iowa Central, 28 miles, with which has traffic contract. Stouk,
Years 1899-*0, gross, $34,975; net. $716;
$450,000; par. $100.
oharges, $22,500; bal., def., $21,784. Pres., Walter M. Gorham, Phila.,
Pa.
Owns road,
Grand Rapid*: 6c Indiana
Grand Rapids to Muskegon, Mich., 37 miles trackage, G. R. & Ind. at
Grand Rapids, 3 miles. Road opened 1886, and leased to Grand
Rapids A Indiana RR.. which was foreclosed in 1896. Stock, authorized, $350,000; par, $100; issued, $1,000. Coupon of July, 1899,
paid in June, 1901. Earnings for year ending Deo. 31, 1900, gross,
$145.096 net, $40,596; interest on bonds, $37,500.— (V. 72, p. 1188.)
:
RR.—
mount
&
RK.—
RR.—
Muskegon
;
wu
;
RR.—
Owns double track road from Lowell,
Na»hua 6c Lowell
Mass., to Nashua, N. B., 15 miles. On Oot. 1, 1880, leased for 99 years
to Boston A Lowell. In 1887 lease was transferred to Boston & Maine,
which pays a rental of $73,000 (9 per cent on stook).
Nashville Chattanooga 6c St. Louis Ry.— (See Map.)— Owns
fron Chattanooga, Tenn., to Hickman, Ky., 320 miles; branches to
Lebanon, Ac, 447 miles; leases Western & Atlantic Chattanooga,
Tenn.. to Atlanta, Ga., 137 miles. Ir. 1896 the N. C. A St. L. directors
leased the Memphis <& Paducah Division (consisting of Paducah Tennessee & Ala., 119 miles, and Tenn Midland, 136 miles,) of the Loulsv.
& Nashv. for 99 years, but the lease was not ratified by the stockholders until Sept. 12, 1900, its earnings being kept separate until
July 1, 1900 (see V. 71, p. 544, 664. 864.) Middle Tenn. A Ala.,Shelbyville, Tenn., to Decatur, Ala., 79 miles, was purchased in October,
1897, and poitiou from Fayette ville, Tenn to Limestone Creek, Ala.,
36 miles, was completed July 1, 1900, balance building— V. 67, p. 748;
V. 69, p. 807. Total operated July 1, 1901, 1,195 miles.
Organization.— A majority of the stock ($5,500,500) is owned by the
Louisville A Nashville, and pledged under Its unified mortgage, etc., so
that the two systems are operated in close harmony. The Western A
Atlantic is leased from the State of Georgia for 29 years from Deo. 27.
leases terminal
1890, at $420,012 per annum. Jointly with L. A
property in Nashville for 99 years (V. 65, p. 278);
67, p. 221, 320;
,
V. 71, p. 6fc4.
'95 to Nov., '98
5
3\ 3^ 4 p. o. yearly.
5
5
5
.
The 1899 and 1900 dividends were passed, surplus earnings to be
used for new equipment and reduction of floating debt —V. 68. p. 187
Bonds.— The Tracv City branch 6s fall due $20,000 yearly on Jan. 1
to 1916 inclusive, and $100,000 on Jan. 1, 1917.
Consolidated mort. of 1888 provides that all prior bonds shall be paid
off at maturity; sufficient ol the $20,000 p. m. are reserved for them.
General Finances.— Bills payable incurred for lease of Western
A Atlantic RR. and new equipment June 30, 1901, $1,062,049.
Latest Earnings.— July 1 to Aug. 31 (2 months):
Bal.tur.
Interest, etc.
Net.
Cross.
2 mos.
$74,732
$1,273,155
S379.752 $305,020
1901
119,967
323,652
443,619
1,-^58,520
1890
annual Report.— Report for 190C-01 in V. 73, p. 781 including
Paducah A Memphis division, 254 miies. in 1900-01.
1898.
1899.
1600.
1901.
Tear ends June 30.
905
935
935
1.195
Mileage end of year...
Gross earnings
$7,620,128 $6,487,318 $6,081,766 $5,646,5^9
1,982,724
1,982,059
2,246,734
2,509.002
Net earnings
30.482
26.178
22,253
Investments, etc
1,982,-; 24
2,012,541
Net income
$2,53 1,255 8^,272,912
1,102,187
1,203,391
Int. on debt and tax. .. $1 ,23 1 ,484 81,262,000
420,012
422,268
422,268
Rental W. A A. RR.
625,877
(1%)100,000 (4%)400,000
Dividends
3«;,3 47
42,731
Miscellaneous
54,514
Balance
sr.*619,380 sr.$525.908 sr.$254,535 sur. $60,525
-(V. 71, p. 864, 1220; V. 72, p. 87; V. 73, p. 336, 781.)
Mifchvlllc A Clark svllle RH.-Sce V. 73, p. 337.
Dividends )1888 1889 1890 1891 1892 1893 '94
slncel887...
\
4*4
,
_
. .
Nashville 6c Decatur RR.— CS'ee Map Louisville ol Nashville.)—
Owns from Nashville, Tenn., to Decatur, Ala., 119 miles. Leased to
Louisville A Nashville for 30 years from July 1, 1872, at a rental of 6 p.
and
o. per annum on stock, but lease was terminated July 1, 1900,
under new lease for 999 years the rental will be IH per cent on stock,
the 7s due July 1, 1900, being retired and new stock Issued therefor
to the L AN., which July 1, 1900, owned $2,179,650 of the stock— (V.
68. p. 928; V. 69, p. 1012; V. 70, p. 1195.)
Nash. Flor. 6c Sheffield Ry.-See Louis.
Nashville
& Nash.— (V. 71,p.646.)
A Knoxville RR.— Lebanon to
Monterey, Tenn., 79
miles; branch, Junction to Carthage, Tenn. ,7-8 milep; total, 868 miles.
In Mar., 1901, the Tennessee Central Ry. trranged to lease the road
October
1901. J
KAILBOA0 STOCKS A*TD BOND&
9d
F
06
SUPPLEMENT.
INTESTOKS'
[Vot. LXXIII.
Immediate notice of any error discovered In these Tables.
Bond*— Pnnel*
INTEREST OR DIVIDENDS.
Date 8ire, or
pal.When Due.
Amount
suoserifcers will confer a great favor by giving;
RAILROADS.
Miles
For explanation of column headings, Ac, see notes
of
of
Par
on first page of tables.
Road. Bonds Value.
Nashville * Decatur—Stock, gu. 7»« p. o. by L. A N.
Nashrille d KnoxviUe—\*\ M.for *2.000.0tX).I»le.c"
Nashville Florence rf Sheffield — See LOCIBVTLLI A
Naugatuck — See N. Y Ntw Havkn A Hakiford.
Nemfuehonmg Vol.—Stock subj. to call Sep. 1, 1904
Nevada— Calif.— Oregon— 1st M. $1,300,000, gold.
Nevada Central— 1st M. g., non-cum., Inc.. (s. f.l.Ce
Nevtntrg Outchess * Connecticut— Col. trust bde.Ce
Income mortgage for $1,625.000
r
Netc England RK—K. Y.A N. E. 1st M., cur.B ".c"
IK)
do
let mort., cur..e'
119
Nash
130
94
59
59
321
321
361
AH
t
—
1,000
1880
1P97
1X98
1901
1885
1,000
1,000
1,000
1,000
1SS1
1898
100
100
1885
1,000
KK.— Owns from Nesquehonlng Junction,
Tamrnesd, Pa., 1 7 miles; Tunnel Branch to Lansford, Pa. 1 mile
Leased for 999 years (with 5 p. c. guaranteed on stock till 1904) to the
Lehlgl ( oal A fcavlgattoi, Co., which under Its option proposes to retire
the stock at Parana Interest on Sept. 1, 1904
eee item "Delaware Di;
vision Canal" In V. 66. p 1139.
Nev., to Termo, Cal.,
130 mile*; under construction to Ma> cline, Cal, 15 miles, stork, common. $1,450,000; pietti -red, $750,000, all outstanding. During H01-2
exchange it per cent bonds for 58 is proposed Year 1900-1 (estimated). gToae, $152,636; net. $55,058; int. on bond6, $27,000, b.»l.,
but.. Pres D C. Moran, 54 Wm. St., N. Y.
Battle Mtn.. Nev., to Austin Nev., 94
Central
miles, nanow gauge. A reorganization of Nevada Ry. Stock $750,00O-, par $1
Interest on $' 17,000 bonds which paid an assessment
of $12<> i«t bond, guaranteed from July 1, 1898, by the Nevada Co. of
New Jersr j 1- paid at office of registiar, New Jersey Title Guarantee
A Trust Oo Jri-n City, N. J. Earnings lor lbOO-Ol, gross, $32,953;
net, $3,241; no Interest paid by railroad.
Newark Somerset A Straits.— Sold to B. A O. See V. 70, p. 792.
N v\\ Imi rz Dudbi'Kti A Connecticut It It.— Owns from Dutchess
Junction, N. Y.,to Millerton.N. Y.. 59 miles. A reorganization in 1877.
"Stock, Etc.—Common, $500,000; pref., $600,000: par $50. There
were June 30. 19<0, $J26.000 coll. trust 5s; $1,164,500 income 6s, and
$39,000 of 5 p. c. real estate M. notes. In year ending June 30, 1900,
gross, $163.<h0. net, $i5,874; other income, $314; interest, taxes,
etc., $19,933; bal., surplus, $26,255— (V. 65, p. 568.)
>
.
BB.-
1
.
A Sbenanso Valley KK.— See 8haron Ry.
l.iitlaiid KK.— New York New Haven A Hart. RR. owns
axtlc
nearly all of tke stock, and since July 1, 1898. has leased the road, viz.:
Lines (hrned.
Miles.
Leased, etc., lines, (ft See this Co.)
Boston to Hopewell June, N.Y. 214 •Norwich A Worcester RR fl... 72
Wlcopee to Fishkill Lauding... 2 Rhode Island and Mass. roads. 14
Providence to Wtllimantic
58 Kockvllle RR
4
Newtoi, t.i Woonsocket, R. I... 29 Providence A Springfield RR.1J 28
East Thompson to Southhrtdge 17 Woonsocket A Pascoag RR.1J.. 9
East nartfort,Ct.,toSpiingfd 28 Milford branches
20
Other lines
12 Trackage
29
Total
536
Trans. Co.'s steamers, 1 25 miles.
—A reorganization of the New York A New England (sold
In foreclosure July 9. lotto) per plan V. 58, p. 762.
In .June, 1900.
there had Uei, exchanged orwa* held by the lessee all except $52,500
n, mon and $71,500 of th. 85,000,000 pref. stock.
of the $20, 0<
Pref* rre stark not < xchanged receives dividends 01 8 per cent per
annui,. under 90-jcar leap. 384, 817, 10o2; V. 69, p. 1012.
of console by N. Y. New Haven A Hartford
V. 64, p. 611; 010
torn he ate.— 'V. 69, p 1012.)
New Jfrwj J 11 n< lion
Terminal road through Jeraej City,
Hotiokeii
wMhawken, about 8 miles. Leased for 100 years from
York Central which guarantees the bonds absoJut,'
lutely and owns $100,000 stock. Connects with National Docks Ry.
N.\* Jirni) A ><
inrk It It .—Owns from Kne Junction, N. J.,
to Garners Me. N. Y.,29 miles: branches to New City, etc.,
miles operr«tra*. etc.. 14 miles; total operated, 48 miles. Erie RR
atecontrol.
stock. $1,440,800 common; $787,
In April. 1*!"
ntrol I- with preferred stock and first
800 prpaid on preferred Tor three years.
Yeai
ending June 30, I9O0, gross, l
net
.rest, et.
17; balai
8102
184.— (V. 68, p. 833 I
114
A New York
,
KK.—
w
",
;
'
..
-
,
;
-
New Ju.c) A Matin
KK.—
I » la nil Junction
(V. 73, p. 32.)
!• I.O..H Northern Kit.— Own- from New London, l'oiii,.,t(.
Brattlel>oro, Vt., 121 miles, and
Brattleboro A Whitehall
Brattiei,
itb Londonderry , Vt., 87 ml
H
RR
Jn-i-,
Dee. 1.1891, to Central Vermont. The
a small surplus after pro
per cent dividends. Tao"- and Improveclaim on New London Northern.
Dn U»i «1
J88 to A[,r., 1802, 7 p. e. yearly, then 8 i>. c. yearly to
>o Apr., 1901 (lnclu.i, 2't p. c. quar (9 p. an.)
1893. Inclusive, a'
New .V|.-xlc" K>. & C«il.-l.S'» -M"
I'a-o <V Northeasten. Hy., irom
Paso, Texas, nortbeanl 166 miles, to the Salado
imtrola and operate! Alamogordo A Sa ramento Mt. Ky.
troll
i
,om> per
annum, which leaves
rldlnir for inter., etc., and 9
ments met b} leasee, without
'
B
Alamogordo, N M..
In
i'
'
to Cox
EJ 1
of *h I,
.'.
«
an-!
i-osd
•
from WnlteOaks,
ft.
88 mlie-.
aft rn,
•<*.
'
,,,, pieted Oct. l
hhv
Island
v.u- Incorporated with
ent owned by the N M. Ry. A Coal,
at guaranteed 60 year bond-, 10 extend the
,11., to Santa Rosa, 130 miles, at a connection
<
J.
J.
J.
O.
S.
Dep.A Tr.Co Jan.
Jan
do
A
A
J.
»g- A.
5g. A. A
5g. J. &
6g. A. A
6
J. A
5g. J. A
office.
A Hud. Rlv.
New London. Office.
5
A.
5g. A.
A J
A O
A O.
Oct.,
July
Apr.
Jan.
N. Y., Central Trust Co
N.Y. Mftller, SchallACo
,
See text.
N.Y.,Farmers L.&T.Ce
1,
1905
1905
1945
1939
1901,2V
1910
1947
1928
1951
Nov.
1915
Jan., 1911
Jan. 1, 1908
Oct.
do
do
1,
1,
1,
Feb. 1, 1986
N. Y., Bk. of No. Amer
N. Y..N.Y. 8ec.A Trust
Pittsburg, Pa.
4i«g. J.
July
Apr.
do
do
Boston, Co.'s
A. N. Y. Cent.
Q.-J.
J.
Boston,
do
1,
1,
1,
1,
1,
Oct.l.'OO.m*
July 1, 1945
Checks mailed.
Oct.l901,2>a%
Bank'g Co Oct. 1, 1986
N. Y., Corbin
with an extension building by the Chic. Rock laid. A Pac, wit*
which a close traffic agreement h ts been made. The road will be completed by Nov 1901.— V. 71, p 1219.
Sectjhitik8.— Stock, $4,000,000, of whioh $1,000,000 non cum 6 p.epref. The coll. trust 5s are secured by deposit of all the stocks and
bonds of E) Paso A Northeastern Ry. of New Mex.($2,700,00> of each),
the stock of the El Paso A N E. RR. of Texas, $300,000 (no bonds Issued), and all the stock ($2,500,000) and all the bonds ($1,500,000) of
the New Mexico Fuel Co., the latter covering 3,500 acres sf coal lands.
The Alamogordo & Sacramento bonds and those of tke M Paso A
Rock Island are to be guaranteed. See a' ove. Equipment trust
notes Feb. 28, 901, $175,912; note- payable, $221,9h5. Net earning*
for 8 mos ending Feb. .'8, 1901, *236,*1<»; for 6 mos. ending June 30,
,
1900, $17o,695;
York
1
RR
,
1
office,
int. on bonds, $75,«00; bal., sur., $95,695.
76 William St —(V. 72, p. 1035; V. 73, p. 32.)
RR.—
&
New
New
North Eastern
New Orleans, La., to
Orleans
Meridian. Miss., 195 miles; 64 are 60 and 131 are 75 lb. steel raila.
Stock $5,000,000 (par, $100), of which $4,320,000 and $4,900,000 let
6s are held bv Ala. New Ot leans Texas A Pac. June. Ry., to which was
due Ma\ 1. 1901. $1,126,000 on coupon and $1,069,518 on sther aco'te.
Earnings.— In 1901, July 1 to Sept. 7 (ZM months), grass, $330,598,
against $3^0,457 in 1900. Report for 1899-00, V. 71, p. 910.
Balance.
Tr. end. June 30.
Net.
Other inc. Int.. etc.
Gross.
$90,547
1900-01
$1.29,812 $475,883 $5,864 $391,200
139,411
1899-00
38.3,606
3,402
1,856,200
519,615
-(V. 71, p. 751, 910.)
&
New
Ry.—
Owns from Natchez, Miss..
Northwestern
Orleans
to Bastrop, La., 102 miles. On Feb 14, 1901, control wa- transferrec
to the Missouri Pacific Ry. and it wa- reported the rsad would be ex
tended from Bastrop to Hot Springs, about 150 miles. V. 72, p. 339
391. Stoi k, pain in, $4,500,000; par $100. The coll. tr. 5s are securer!
by deposit of old first 5s in trust. In July, 1901, io»e lo-ure of under
lying mortgage wa- begun. V. 73, p. 18'>. Yoar '99: Gross, $171,142
net, $42,53?; other inc., $15,369; int., $25,000; taxes, $7,52 7; bal., $25,
377.— (V.7r,p. 185.)
&
New
Terminal Co.— Owns a belt railroad
Orleans Relt
encircling the city of New Orleans and connecting wltk all the rail
roads entering that city. Entrance to business centre is bad aver thf
tracks of the East Louisiana Railroad. Owns a large terminal property
at Port Chalmette, containing about 2,300 acres, with 80 cotton ware
houses, capacity of 250,000 bales, a sraln elevator, etc. A re irgaulza
Sold in foreelosare on Aprl
tion of the New Orleans A Western
9. 1901. to F. J. Llsn.an A Co., New York. Stock authorised, $,000,
00 and $2,50 .000 4 per cent bonds. Io June, 1981, proseity wa.
owned by a syndicate. Pres., W. C Dotterer, New Orleas.s eo. an'
Asst. Treas., G. McD. Nathan.- (V. 71, p. 633, 722, 12*8.)
RR
.
Newport
Cincinnati Bridge Co.— Owns bridge from New
dc
Louisville A Nash. Is under contract to usr
port, Ky.. to Cincinnati, O
Penn. Co. owns $1,340,000 stock
bridge; annual rental. $115,000.
Dividends paid Oct., 1899, 1^ p. O.J 1900, 1*2 p. C.
Earnings.— For year 1900 gross, $157,155; net, $121,937; interest
$63,000; balance, surplus, $58,037.— (V. 63, p. 1159.)
Brooklyn UiiI.mi Transportation.—V. 7$, p. 280
N.
oulyu Ac Jersey City R. T. Co.— V. 71, p. 864.
N. "If.
Y.A
Br
New York Brooklyn A Manhattan Beach Ry.—Ownsfroo
1
:
S<
A5
sum
S.
1
Nevada-< alllornla-Oroeoii Ky.— Reno,
nd
9
4
(?)
1,000
189S
M.
text M.
1,320,000
5,000,000
500,000
1,500.000
1,400,000
350,000
650,000
1,726,000
100
to
Hmom
Phila., 108 So. 4th St. Sept., '01, 2i«%
May 1, 1919
N.
N. Y., Moran Bros.
July 2, 1938
J.
See text.
N. N. Y., Central Trust Co, May 1, 1921
June 1, 1977
None ever paid.
M.
5
1,500,000
1,500,000
2,826,000
300,000
1,000
1,000
Nesqaeboiilas Valley
Double track
ntrols Norwich
Nashville.
July, 1901,3V
J.
N. N. Y., Mercantile Tr. Co May 1, 1918
A
450 000 6 g.
A
750,000
5g- J. A
M. A
226,000
5
1,164,500
6
6.000,000
7
J. A
4,000,000
6
J. A
5,000,000
5g. J. A
1,500.000
4
A. A
1,700,000
F. A
4
100
,
'
<
Stocks— Last
Dividend.
Whom.
A
A
J.
6
1,418.600
1899
1,000
1,000
1888
1891 500 Ac
1877
1,000
1876
1,000
1876
1,000
1895
1.000
1889
1,000
artfo RD.
1886
1,000
paid. $9,7:0
President, A. J Crawford. Terre Haute, Ind.; Sec. A
Treas. J. A. Crawford, Newcastle, Pa.- (V
2, p. 480 )
National Ky. of Teh uaiitcpec— (V. 71, p. 342; V. 72, p. 2«3.)
>o«
New
Payable, and by
h
99 years fron: completion of 30 miles between Nashville and Lebanon.— V 72. p. 4S1. Stock outstanding, $373,000; pat. $100. Year
endingjune 0. 1901, gross, $148,881; net, $"->J,P21: int. on bonds
Niada
When Where
Payable
7*
$3,567,382
1,737,000
50
for
Pa,
Cent.
VILLE.
18
letcons.M.,$17.500,000. g.,gu.,p.Al..end.;Ma.c
N.Y.A^'.E.Bos.Ternl.lstM.fo^$1.500,OOO.A •«.<•
New Hare * Nortiiayipton— See N. Y. New Have N
Netc Jersey Jutietion—lal. M., guar., $4,000,000.o*r
5
Nor Jemry * New York— SEE Erie RK. Co.
Netc I <>tiil<»< Northern Stock
121
121
Consolidated M., now 1st M. ($683,000 are 4s). c*
N.Her Ry 4 Coal- Col. tr.e. ($3,000,000) red.l05.N 165
Alam. A Sac. Mt 1st M., $900,000, g., guar ..IV
36
ElPaso*Rock I., 1st M.,$2.500,000,g .KU.Col.c" ...
Nev Orleans * North Postern— Prlot llenM.,g.Ce.O* 196
1st mortgage, gold F
196
W. 0. * NorthwesPn-Cvtt trn-t M., g., $500,000. Ce
102
Nevport 4 Cmrin. Bridge.— Stock, $1,500,000
let M., $1,500,000, g.. s. f.gu p. A Lend by Pa.
Co.c*
W. 1. Brooklyn 4 Manhat Beach— Common stock..
"20
Preferred stock, non-cumulative
1st con. M. (now let M.) gold, guar. Dy L. I.Cc.c*
20
•
,
$25
1888
8/
Outstanding Rate per
Fresh Pond Junction to Manhattan Beach (Coney Island), and brauohe
Bay Ridge anc Greenpoint, 20 miles, of which 16 miles double track
Lease, Etc.— a consolidation August 27, 1885. Leased for 99 year
from May 1, 1882, to the Long Island RR. Co. at 35 per eent of gro«
earnings. Rental guaranteed to be at least 5 per cent on pref. stook,
Br»NU8.— The L. I RR. has attached to the bonds its unooT""Mona
guaranty ,of prln. and int. in addition to facta as to lease.— *V. TS, "
New Vork A (..inula K.— Whitehall, N. Y., to Uouw .'olnt
N. Y., 113 miles branches, 38 miles, stock, $1,000,000, par $100.
Lease. Etc.— Leased for long term by The Delaware A Hudson Cot
which guarantees the bond.-, and has $3,768,642 .nyested in the proi
erty. See debenture guaranty, V. 64, p. 181.
BatantGross.
Charges.
Net.
$1,146,575 $417,995 $319,--63 sur. $98,43
Year to s 1899
974,»-55
372 821
319,629 sur. 53,19,
June 30. I 1898-9
-(V. 70, p. 998; V. 71, p 3k0, 10 i6; V It, p. 987; V. 73, p. 3*7.)
N«u lurk Central A Hudson River It It.— ( See, Map.)—
History, AC— Control of the Lake Shore and Michigan Central roar)
was acquired In 1898, as stated below. Their earning* were reporte
1 paratel) but the dlvidendl on their shares held oy the Central chief!
caut-ed the larg« Item " other income," offset by a like amount
interest on the collateral bonds Issued for their purchase. V. 71, p. 50'
In Jan., 1900, control of the Lake Erie A Western was acquired, ahi
a large Intel est in the Clevc. Cin. Chic & rt. 1 ouis, increasing ti
Vanoerbilt interest In the latter to an absolute majority The ( entr
ha- since trausi erred its holdings In these omi>auiesto1heLake8hor
In 900, also, an understanding was reached between tl
wlib 1. -ce
Vanderbilt and the Pennsylvania interests, by which the latter h
oanie Jointly lntetesied in Ches. A Ohio Ry.— V. 70, p. 76, i25, 104
Holdings Vanderbilt estate, V. 71, p. 1221. tsnuXwH
uatl^ii
to
'•">'
R
1
;
1
,
r
r
1
mn
October,
RAILROAD STOCKS AND BOND8
1901.J
*U*
•
te
-:
kj
A ut
J
otMmotsp.
-pedto
o
i»ii i«
i
/
c§
'
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.
ipez
-JWP
97
t"
f
j
ri
U
S
JICARfLLA MTSP^s-c-J
Carthage
Jkarilla
£?
,
JjF
Amy-
^
Valverde
VCarr/zo
/"A
Craig
Pop«
CARRIZOS
BARREN
>
fres Cerro^
Hill
'J"i
j*Q
Croct
P»
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'
L-
AltaliFlat
O ^
*^
jEngle
i
W
h
Cutler
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MAP OF THE
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NEW MEXICO RAILWAY
Mtfliley
M
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X
CO
COAL COMPANY.
PROPERTIES.
«_.
NORTHEASTERN
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INVESTORS' SUPPLEMENT.
1*§
[Vol. LXXIII.
Subscriber* will confer a »reai favor by giving Immediate notice of any error discovered In these Table*.
Bonos- PrinciRAILROADS.
INTEREST OR DIVIDENDS.
Miles Date Size, or
Amount Rate perl When Where Payable, and by pal, When Due.
of
of
Par
'explanation of column headings, Ac, aee notes
Stocks— Last
Road. Bonds Value. Outstanding Cent.
on first page of tables.
Payable
Whom.
Dividend.
.
T.
d Canada— 1st
M.. sterling, gu. D.
A H.rn.e'
151
Debentures, g.. cuar. p. 41. end. Del. A H. Can.il.
York Crntnil Jt Hudson Ki'rei Stock. 'I'r
V. Y. C. A H.. \
—
819
819
'l^SSS-.SgSl—p""^!
1st tnort
Debt
eertlfs.. i\.Y. Central), gold, $6,450,OOO.eAr
Debentures, 1884. *10,0O0.0001 All eq'ly f .. o&r
r
Debentures. 1889. $1 .0OO.0O0. ( secured
•819
Debent'*. g., *. f., $13,194,000. (by niort. 1 o**r
Befund.M ,$100,000,000, g.Ce of 1S07. lo»*r.
OoUat. trust, g. (* 100,000,000) L. 8h. stk.G.o'Ar
do
($21,550,000) Mich. Cent, stk..G
do
Debentures Issued under B. A A. lease.
r. F. Chicago <t St. Louis— Common stock
528
ad oref erred (5 per cent, non-cumulative)
528
523
1st preferred (5 per cent non-cumulative)
re.o'a 505
1st If., gold, sinking fund not drawn
Equip. tr./'A" gold, $60,000, 8ept 1, yearly Ce.
Equip tr.-'B" g. $23,000due yrly Feb.l5..Ce o.tr
Equtpu ent notes, 20,000 due semi-annually...
r. F. 4 Uremic. L.— Prior lien M.,gu. p. Al...N.gxo*
53
145
r. r. * Harlem— Common, 14 p. c, lo% guar
Preferred stock, 14 per cent, 10% guar
145
Befundlng M. (now lht). $12,000,000. g...Co*&r 136
L I*. Lii> kaicanna d Western— Stock, guar. 5 p. Ot. 214
214
1st mortgage, guar, by Del. Lack. A West
F.o'
Orastr. mort guar, by Del. Lack. A West. F.. .o* 214
3d M. Tenu. Imp. (for $6,000,000), gu. p. A I...F. 214
York Lak' Erie dt Western— See Ekie RR.
T. 4 L. .Br.—Gen M. (now 1st) ) ,.„ - nn nnn
„ 38
38
I
.
I
,
As reported Oct.
1874 «100Ao
1896
1 ,000
100
1873
1,000
1873
1,000
1853 500 Ac.
188
1,000*0
188JJ l.OOOAo
1890 l.OOOAo
1897 l.OOOAo
1898 1,000*0
1898 1,000*0
1900
100
100
100
1887
1,000
1
1
SO 2
1891
1801
1901: the amount out standi ng
1,
1,000
1896
1,000
1900 20,000
1896
lOOAc
50
50
l.OOOAo
1897
100
1880
1,000
1883
1,000
1890
1,000
1.000
1,000
wh en
,
•ded In earnings of system from Jul}- 1, 190'. See that company.
rLEAOE.-The company's system consists of the following
Operated under contract.—
11
Terminal Ry. of Buffalo ...If
Pittsburg A Eastern
13
ranches
Lines leased. U See this co.
Other
3
107
West Shore
U 495 Trackage
Troy A Greenbush
6
..\
Total In earnings
Bjwyten Duyvil A Pt. M ...?
6
3,357
Controlled— Operated separately.
Sew York A Harlem
J 136
Sew Jersey Junction
5 Lake Shore A Mich So
111,413
\
Bone Watertown A Og
111,658
f 624 Michigan Central
Stofcawk A Malone...
V 182 N. Y Chic. A St. Louis RR.H 513
©arthage A Adirondack
725
46 Lake Erie A Western
fl
f
^•averneur A Oswegatchief
13 Northern Ohio
165
11
Sew York A Putnam
61 "Big Four" System
112,234
tf
Beaton A Albany
91
f 394 Dunkirk All. V. A Pitts.. ..IT
rail Brook Rv .etc
% 241 Pitts. A Lake Erie sv stem.. If 180
Beech Creek RR.
160 St. Lawrence A Adirondack!!
56
¥
wTallklll Valley
33
Total owned and controlled July 1, 1901 (319 mlles4 tracked) 10,391
Tke B»-ech Creek Extension RR.. Keating to Karthaus, Pa., 60 miles,
« be completed m I90l-2i, with trackage to Youngdale, 50 miles, Is
•»«**d for 908 years. See V. 71, p. 1121; V. 72, p. 1035; V. 73, p. 790.
Stock.— Dividends on stock registered In London are payable in gold
«t49Vod to dollar. The $15,000,000 additional stock, issued April 2,
1900, for new rolling "t.ick, Increased the outstanding issue to *115,•OQ.OO* .—V. 69, p. 906, 1103, 1248; V. 70, p. 532; V. 71, 502.
Lines otrned.
York
Miles.
442
378
to Buffalo
1
*vtokndb since
}'91. '92. '93. '94. *95. '96to'98. '99. '00.
1901.
5
> 44
54 5 5 44 4 yearly. 4
5
Dividend rate lucre <sed from 4 to 5 p. c. per annum in Jan., 1900.
Bonds.— Description of debentures was on page 3 of Supplement
«f April, 1895. They are all secured by the refunding mortgage of
1897 ear ally with the 34a. Re/, mortgage is for $100,000,000, of
wbk-h $70,377,333 reserved to retire all existing bonds at or before mamrtty and $14,622,667 for premiums; the remainder ($15,000,000)
reserved for new construction after 1903. In 1901 3*28 of 1897
had been Issued to retire about $32,0i 0,000 of old bonds.
Collateral trust 34s of 1898 are secured respectively by deposit in
Iran wtth the (Guaranty Trust Co., mortgage trustee, of stock of the
Lake Shore A Mi higan Southern and Michigan Central RRs. at the
Tbte of $100 of L. S.
M. S. stock for each $200 of bonds and $100
mt Mich. Cent, stock for each $115 of bonds outstanding The total
•othorlred issues of 34s are $100,000,000 for Lake Shore and $21,oO.OOO for Michigan Central. The loans are secured by separate
*eeds of truat. See V. 66. p. 288, 336, 760, 811.
Tie N. Y. Cent, issued In 1900 $5,500,000 of 100-year 3 4 per
•ent debentures for certain propeity not included in the Boston
Albany lease. «ee V. 69, p. 1102; V. 71, p. 502, 964.
1 ©ca«ji5TIE».— The company guarantees the securities of ita leased
fmen to a considerable aggregate see separate statement for each comV*ny marked with a 1 in the table of mileage preceding. It also guarantees Western Transit Co. 4 4* for $1,000,000 due February, 1903.
1890. Percent.
A
A
—
9INUAL finances.—The refunding of the $70,377,000 of old hlghaterest-bearlng bond* into the 34s of 1897 during the years 1898 to
190*> w 111 effect a saving of $1,200,000 per annum in Interest charges
•o tune 30, 1901. $32,16 1. 060 old bonds had thus been retired;
• aria* In charges by refunding In 1900-01, $538,597.— V. 73, p. 790.
In !<il>. 1901, the company had acquired $45,289,200 of the capital
stock of the Lake .-'bore road In exchange for34 p.o. bonds (see above),
leaving »'. 177,300 afloat. Including $533,500 guaranteed 10 percent
dlvldf-n da (see V. 66, p. 288. 336, 1238), ana also $16,814,300 of Mich.
Central stock, leaving $l,8«::.fi00 still outstanding.
On April i, lt«00, $15,000,000 stock, aold to stockholders at par,
w»* la- ued for Dew equipment. V. 69, p 90-', 1103, 1248; V 71, p. 502.
On Not 10 KtOO, Boston A Albany RK. wa« taken rover under lease.
From surplus f»r year endlnir June 3ft, lgoi, $1 )00,000 was appropriated for renewal of bridges in addition to $2,000,000 appropriated
I
;
,
a 18U
••00.— V. 72,
p. 11-18.
Averag- train -a-' for entire system, including company's freight,
was 82 tons in 1900-01, against 301 tona in 1898-9.
ANN cal Rkp<>RT.— Flacal year ends June 30. Report for 1900 01 was
Crven at lenirth In V. 73, p. 720, 770, 790. See also editorial p. 757.
Of the freight (42,401366 tons) carried In 1900-01, about 36 p. c.
1
was
V. 71,
coal an 1 coke
Year t rr.rt. June 30.
p.
Miles June ?0
Freight earnings
FMeenger
earnings.,
express, etc
Total gross earnlngf
503.
1901
3,357
$39,5.' 0,399
20.-66,35 7
15,464,294
4,825,517
1899.
2,395
$27,520,061
13,723,115
4,931,578
4*580,294
$54,562,952
$20,511,365
4,716,745
$46,184,657
pl7,0.' 5,678
4,324,672
$28,275,180
:$25,228,U0
$21,380,348
5,0
Hi,.'} •',
$6^:, 333,1
',71 ,-
.
1 1
$2
Jfet "»> nlntra
Other income
i
1900
2,829
$3 ',273,1 41
7-
Fet Income
19,3.16,445
5,500,000
14,000,000
11,000,000
5,000,000
19,425,000
120.000
258.000
380.000
1,500,000
8,656,050
1,343,950
12,000,000
10,000,000
12,000,000
5,000,000
5,000,000
34g.
34g.
M. A N.
M. A N.
Q.-J.
J. A J
J.
M.
M.
M.
J.
J.
F.
F.
J.
A
A
A
A
A
A
A
A
A
May
London, Baring Bros.
1,
1904
Co. May 1, 1904
N. Y., Or. Cent'l Stat'n Oct. 16/01.
N. Y., Gr. Cent. 8tatlon Jan. 1, 1903
N.Y..D.&H. Canal
m
London, Union Bank.
Jan.
N. Y., Gr. Cent. Station
May
do
do
do
do
do
do
do
1, 1903
1, 1905
Sept. 1, 1904
Sept. 1, 1904
June 1, 1905
July 1, 1997
Feb. 1, J 998
Feb. 1, 1998
July 1, 2000
do
do
do
do
do
do
do
NT Y.,Gr. Cent. Station Mch. 1/01,2%
do
do
Moh. 1.01, 5%
4 g. A. A O. N. Y., Union Trust Co Oct. 1, 1937
M. A S. N. Y., Central Trust Co Yearly to 1902
5
do
Yearly to 1911
F.AA 15'
do
5
do
do
To Dec. 31 '10
4 Hi
J A I).
New York.
May 1, 194«
5 g. |M. A N.I
See text.i.Seetext|N. Y.,Gr. Cent. Station, Oot. l.'Ol. 2%
do
do
Oct 1, '01. 2%
See text See text'
See text
5 in 1901 March
5
6
M. A N.
Q.-J.
J. A J
5
F.
4
M.
34
g.
192,000
1,500,000
refu ndlng began
Hew York Central A Hud»on III vcr It It.— Concluded.
Tbe Boston A Albany RR 394 mile', giving a through line to Boston,
taken over ui.der lease Nov 10. 1900, its operations being inJew
$4,000,000
eg.
1,000,000
4*2 g.
115.000.000 5 In 1901
al8 327,000
7
a5.775,76l
eg.
a3.662,500
4 g.
a4.527,000
5
649.000
5
a5.244,000
4 g.
40.173,161
34 g.
VO.578,400
34g.
4
Is
g-
M.
M.
given In
A A
A N
A S.
A S.
first
30—
Tear end. June
.
N.
Y
Liberty
,
left
Dividends
Special impr'ment fund.,
Aug.
May
do
1,
1,
14%
1923
1928
Sept. 1, 1941
Sept. 1, 1941
hand column.
$9,204,619
7,767,548
853,231
2,3 J 9,094
68,514
300,000
Interest on debt
Taxes on earn. A 'stock..
Taxes on real estate
U. 8. Int. Rev. tax
Reserved for deb'turea...
2000
Jan. 1, 1921
Nat Bk
do
1,
Oct.,'01,
do
do
do
do
do
do
1900.
$6,939,127
1901.
Deduct— Rentals paid
May
do
by Del. Lack. AW
do
N. Y.,
(5)5,750,000
1,500,000
j
7,66t.4:
343,196
1,936,907
65,423
300,000
(4%) 4,937.500
2,000.000
1899.
$5,903,508
7,523,430
245,167
1,738,127
55,064
300,000
(4)4,000,000
Balance from operat'n...
$492,183
$1,041,527
$1,615,062
President, Wm. H. Newman; Chairman of the Board. Chauncey M.
Depew. Directors (April, 1901): William K. Vanderbilt, Frederick W.
Vanderbilt, Chauncey M. Depew, Samuel F. Barger, J. Plerpont Morgan, William Rockefeller, Hamilton McK. Twombly. William H.Newman, Charles C. Clarke, D. O. Mills, William Bliss, Samuel D. Baboook
and George S. Bowdoin.— (V. 73 p. 616, 719, 779. 785, 794.)
(See Map of New York Oen
York Chicago Ac St. Lonls
Iral d Hudson River.)— Owns from Buffalo, N. Y., to Illinois State Line,
except 8 miles leased between Dunkirk and Silver Creek, leaving 494
miles ; leases the proprietary line, Chicago A State Line RR.. HI., State
Line to Grand Crossing, 10 nalles also leases Dunkirk to Silver Creek,
8 miles; total. 512 mllea; trackage In Buffalo, N. Y., 14 miles, and
Grand Croaaing Chicago, 111. (Lake Shore RR.). 9 mllea.
Histoet.—" Nickel Plate" road, foreclosed and reorganized In 1887.
RR.—
New
;
Stock.— Lake Shore A Michigan Southern owns $6,240,000
$6,275,000 2d preferred and $2,503,000 1st preferred stock.
Dividends.—On
)
*91.
34%
334
»92. '93. '94. '95.
'96.
common
065
'97. '98. '99. '00. »0i
let pref. in March 5
5%
2%
First dlv. on 2d pref., 2 p. c, paid March 1, 1901.- V. 72, p. 137.
Bonds.— A sinking fund of $100,000 per year la provided when net
earninga are $900,000 or upwards, If bonds can be bought at or below
102; if not, the sinking fund lapses for that year, thus leaving $100,000
more for dividends. The original Issue of bonds was $20,000,000, and
It has been reduced to present amount by the sinking fund purchases.
Statement of road under mortgage In Supplement of Sept., 1894. See
abstract of mortgage.— V. 45, p. S41.
Latest Earnings.—6 months ending June 30:
Het
Other inc. Int. taxes, etc. Bal,tur.
$615,242
$355,097
$958.0°3 $12,257
603,623
168,268
14,321
757,570
Annual Report.— Report for 1900, V. 72, p. 932 Principally a
freight line, freight In 1900 contributing $5,785,206 out of $7,023,859.
1898.
1897.
1899.
1900
Year end. Dee. 31—
$7,023,359 $6,919,985 $6,391,420 $5,815,217
Gross earnings
941.897
993,898
1,202,533
1,331,094
Net earnings....
7.299
11,351
5,956
26,721
Other income.
$047,853 $1. 001,197
Net, incl'g other inc'e.$l .357,8 15 $1,213,884
777,000
$777,000
$777,000
Interest on bonda .... $777,000
116,542
112,392
108,242
104,092
Equip, tr. charges...
Dlvidendonlstpref.*(5)5'50,000 (5) 250,000
(2) 100,000
Dividend on 2d pref ..^2) 220,000
$58,461
$7,66§
$78,642
Balance, surplus.
$6,273
Note.— Dividends from earninga of year given are paid In March
of following year. Prea.,Wm. H. Cannlff.— (V. 73, p. 287, 616.)
6mos.
1901
1900
Orosn.
$3.582 583
.... 3,313,722
New York Connecting RR —V. 71, p. 913; V. 72, p. 1280.
New York A Greenwood Lake Ry —( See Map of Erie RR.)—
Greenwood
miles, and
Owns from
Lake, 41
Jersey City, N. J., to
branches to Ringwood, etc., 8 miles; Watchung Ry., Forest Hill to
Stock, $100,000; par, $50.
Orange, N. J., 4 m.; total owned, 53 m.
Lease.— On May 1, 1896,was leased to the ErleRR. for 999 years from
May 1, 1896. Prior lien bonds are guaranteed, principal and interest,
by Erie. See V. 63, p. 513; form of guaranty v. 65, p. 463.
New York A Harlem RR.—Owns New York
N. Y., 136 miles (four-tracked 7 miles north of
City to Chatham*
River). Alse
Harlem
owns Fourth Ave. St. RR.
Lease.— The property (except the horse railroad) was leased April 1,
1873, for 401 years, to the N.Y. Cent. A Hudson River RR. at 8 per cent
In April, 1900, it was
dividends on stock and interest on bonds.
agreed that the aavlng in Interest charges of $420,000 per annum
from refunding 7s at 34 P c. should go $200,000 to Harlem and $220,000 to Central. V. 70. p. 740, 104», V. 71, p. 29, 1220. The horae
road was leased In July, 1896, to Metropolitan Trac. Co. for 999 years
at $350,000 yearly (34 p. c. on stook) for 5 years and $400,000 (4 p. o.)
thereafter.
V. 62, p. 1088.
REGULAR ANNUAL DIVIDENDS 1901.
10% (Jan. 5%, July 5%)
Street Ry. rentaL.. .. 34% (April 1*%. Oot. 1\%)
(April 4%, Oct. 4%)
Extra as int. on Investments (V. 67, p. 178)
(V.71,p.29,1220.)
Also in Oot., 1899,a8urplu- distribution of 25 p.
Western Ry.—Blnghamton to BufYork
falo and Internat'l Bridge and branches, 214 miles, of which the main
line, 213 miles, Is double track; Delaware L. A W. has a lease for duration of charter from October, 1882, giving a guaranty of the bonds and
5 per cent yearly on the stock, bonds and stock being endorsed. See form
of guaranty of terminal bonds In V. 67, p. 1357; see also V. 68, p. 283.
Guaranteed by N. Y. Central
From Metropolitan
.
New
Laekawanna A
4%
c—
October,
1901.]
RAILBOAD STOCKS AND BONDS.
•9
1
100
INVESTORS'
SUPPLEMENT.
I
INTEREST OR DIVIDENDS.
RAILROADS
Miles Date Size, or
Amount
of
Par
Outstanding Rate per When
For explanation of column headings, Ac., see notes of
Road. Bonds Value.
Cent.
Payable
on first page of tables.
»tr York
.Vfir Harrit X Hart.—Stock. 8eet6Xt
r
mortgage ifor $5,000,000)
Debentures, exchangeable for stock 1903
o
Debcn. ($5,000,000 ach), our., uon-oonvert. c.tr
N. Y. Prov & Etoa.jCUL M. (now let). g.. ass'dc.tr
,?hore Line 1st M..N". Hav. to N. London, assumed;
Housatoulc old consolidated mort. (assumed)...
1st
.few cousol. mort. ($3, 000,000)
g.
(assumed)
o*
New Haven Steamboat. 1st mort.. gold, assumed
Do
mort., g., ass'd, sub. to call aft. 1904
etc..
$100 $54,685,400 8inl9Cl
1883 1.000*0
2,000,000
4
1893 100 Ac 16.397,200
4
123
1892
1880
1880
1887
1892
1899
62
49
90
90
1,000
1,<00A0
500 Ao.
1,000
500 Ac.
500 40.
1880
1,000
1877
i'.obo
1880
1883
100
1873
1,000
1881
1,000
issa 1,000*0
1888
1,000
1879
1,000
51
3i*
36
36
12
12
55
13
98
28
Northern Kxtenslon bonds
o*
Deb'tures art In '96, non-conv.,V. 62, p. 548.0*
Hoiyoke ,* W., leased, mtge. $200,000, guar..o*
10
New England and Old Colony— See those cos.
Providence & Worcester 1st mortgage, ourreney
51
Nantasket Beach, 1st mort., extended in 1901...
7
N T n.tt W.— Ret. (1st) M. $20,000,000, k. Me.o'it Text.
Gold notes, sec. by 1st M. on Scranton Coal Co..
Do g., sec. by 1st. M. on Elk H. C 41 ,due 8-a.o*
Equipm't trusts, 10 pav able semi-annually Irla
If. Lit oiimra RR.— Keoelvers* certif., $585,000..
128
1st M., $3,500.00*
IWo x.c* Ar 128
2d M. Incomes (com. after July 1, 1900), g.Mo.r
1881
1886
1891
1897
1880
1,000
189'2
L.00O&0
1,000
1,000
1,000
1899
1900
1901
>
1900
I
1897 i,6bo&o
1897
1,000
New York Lake Erie Ac Western RR.-See Erie RR. Co.
New York New Haven & Hartford RR.— Covers Southern
New England and the only direct routes between New York and Boston.
Miles,
Leased (part Owned.)
Eng. RR. (which see)
536
Junction near N. Y. City to
Old Colony RR. (which see). .616
Springfield, Mass
122 Litchfield, Conn., to Bethel
38
Lines to Providence, Plttstleld,
Lines Leased —
Litchfield, etc
316 Providence A Worcester
48
Leased and Controlled—
Other lines
20
Lines to Turner's Falls, etc
268 Trackage to N. Y. City, eto
30
Other lines
43
Total oper. July, 1 901 (87 miles has four and 667 two tracks) 2,037
Also controls Fall River, Providence A Stonlngton, Vew naven, New
London and Norwich SS. lines— V. 70, p. 842; V. 71, p. 643; V. 73, p.
cities
Owned
in
Fee—
Miles.
New
. .
721.
History.— A consolidation In 1872 of the
and the Hartford A New Haven. Id years
control of several companies whose bonds
The Housatonic, Shore Line, N. Y. Prov. A
Litchfield A Northern have been absorbed
New York A New Haven
1892 and 1893 acquired
are given in table above.
Boston and the Shepaug
by consolidation. V.
69,
Sec also Old Colony. Four-tracking, etc., at Bridgeport, Conn.,
to cost perhaps $3,000,000, progressing in 1901. V.69, p. 955; V. 71,
In 1895 acquired control of New England RR.
p. 644; V. 73, p. 138.
Electric Railways. In 1895 control was acquirea of the Stamford
8t. Ry. and the Merlden Electric Ry. Electric railway between Hartford and New Britain, 10 m., was opened in May, 1897, about 18 miles
additional in 1899, and 14 miles between Providence and Bristol in
1900.- V. 67, p. 732; V. 69, p. 742; V. 71, p 644; V. 72, p. 137.
Capital Stock.—Stock authorized, $100,000,000. It may be issued
for Improvements, buying stocks and bonds of leased roads, Ac;
$16,397,200 will be needed to take up the convertible debentures In
1903. (V. 56, p. 289, 373, 579.)
Dividends.— ) 1873-1893.
1894.
1895 to Sept., '01, (lncl.)
Percent, s 10 yearly.
9
8 (2 per cent quar.)
Bonds.— The convertible debentures of 1893 for $16,397,200 are exchangeable at option of holder "on April 1, 1903, or within 60 days
thereafter, and no longer," for company's stock at par. If not then
exchanged they will be paid In cash April 1. 1908. See V. 55, p. 1035,
and description page 4 Sup. of April, 1895. Under the lease New
Haven road "assumed" the debt of Old Colony. In Mar., 1901, $10,000,000 non-convertible debentures were authorized, $5,000,000 of
which were sold, the proceeds to be used in part for Improvements
at Bridgeport, Conn.— V. 72, p. 627; V. 73, p. 721. Nantasket Beach
4s, see V.72,p. 675.
Leased Line Stocks.— The stocks of the leased lines unexchanged
on June 30, 1900, or later, and thedlvldends payable thereon are shown
below, the shares being all $100 each excepting Danbury A Norwalk,
which are $50 each. The leases are for 99 years.
Stock*
Totai issue.
Unexch. Divid'd. Period.
Berkshire
$600,000
$599,000
6 p. c. Q.— J.
B. AN. Y. Air Line pref
4 p. o. A. A O.
2,998,500
1,396,000
p. 742.
—
—
common.. 898,500
Danbury A Norwalk
600,000
Nangatuck
2,000,000
N. H. A Derby
447.000
do
do
154,700 Pays no divid'd.
152,925
5 p. c. J. A J.
1,006,400 10 p. c. J. A J.
21,600
4
J. A J.
New England, common
20,000,000
52,500 Pa^s no divid'd.
do
do
preferred
5,000,000
74,100 3 p o. Oct.31,&c
N. II. A Northampton
None.
4
2,460,000
A. AO.
Old Colony
16,608,900 11,089,900
7
Q.-J.
Pawtuxet Valley (par, $ (1))... 100,900
100,900
7 p. o. J. A J.
Btockbridge A Plttsfleld.
448,700
437,700
6
Q.-J.
Annual Report.— Annual meeting is held third Wednesday In Oct.
Report for 1900-1901 was in V. 73, p. 721.
Fr. end. June 30.
Miles operated..
1901.
1900.
1898.
1,464
2,047
$15,901,669
$18,384,831
.'tit earns ..
19,864.701
18,381,849
14,081,857
Miscellaneous...
414,517
395, 6 3
377,237
339,212
Gross earnings. .$40,132.3 1
$40,325,151 $37,143,917 $30,322,738
Net earnings.... $12,083,332 $12,100,311 $11,562,661
$9,431,052
col, 068
546,121
Other Income....
623,423
Ttt.netincome$12,64<
$12,64^,432 $12,186,084 $10,032,120
Int. on bonds... $1,166,967
$1,062,435
$1,100,119
$1,024,138
2x,995
521
Other interest...
1,858
10,953
4,451,634
Rentals
4,476258
4,537,875
3,370,477
2,3>.
Taxes
2,484,605
1,6>2,171,167
Dividends
(8) 4,231,278 (8)4,158,688 (8)3.809.816
( g)4,29 4.738
Balance...
i,548 snr.$391,3 5 sur.$207,2»2 sur.$10*,823
Omcni.- President. John H. Hall, <ew Haven; Secretary, W. D.
Bishop Jr.; Treasurer, Wm. L Squire, New Haven, Conn.
Pa*-
2.0
rns.$19.8.r .:i,OD3
1899.
2,0:i8
$19,764,755
20,164,753
1
VV. D. Bishop Bridgeport, Conn.;
I'lerpont. Morgan, William Rocke'el er,
Directors.— I,. Bralnard, Hartforrl, Conn.:
.
->-yrriour,
<
onn .:
I.
M
New
York; Joseph Hark, Kve; H-nry
Nathaniel Thaver. Boston;
.'!')«* e un<l
1<nr:e; •'. (T. Bro .kcr, Torrlngton,
win,; J. U. lialj, Arthur
('•'•. 1. Brush, New Haven, Conn.; Frank W.
1 1. OsftOTM, I
He V. Warner and
Cheney, -oath Mancbeser, Conn.; Kdwlo M liner. Moosup, Conn.
-(V.72, p. 936; V. 73, p. 612, 616, 721.)
I
-r.
'
500,000
25,000
500,000
150,000
2,000,000
1,000,000
150,000
575,000
1,200.000
700,000
700,000
200,000
.
1,000
1,000
1.000
Where Payable, and by
Stocks— Last
Dividend.
Whom.
Co.'s Office. Sep. 30,'01,2%
A.
D. N. Y.,
O. N. Y.,
June
Nat. Bk.
1,500.000
250.000
16,937.000
2.400,000
3,425,000
570,000
436,500
1,728,000
632,000
1,
1903
8ee text.
New York,
A S.
do
A O.
A S. N. H., Nat. N. H. Bank.
A O. New Haven, Conn.
A N. N. Y.,Farm. L. ATr.Co.
A D N. Y., Linooln Nat. Bk.
do
A O.
do
F. A A. N.Y., Lincoln Nat. Bank
5
7
J. & J.
New Haven ,Conn.
5*6 J. A J.
do
do
A. A O.
5
do
do
A. A O. N. Y„ Chem'al Nat. Bk.
6 A7
J. A D.
4
do
do
4
J. A D. New Haven, Ct., Treas.
M. A N.
5
New Haven, Conn,
A. A O.
6
do
do
A. A O.
5
do
do
5
J. A J.
do
do
A. A O.
1
do
do
A. A O. Prov.,R. I. Hosp. AT. Co
4
2ifl
A. A O. Treas. Old Col., Boston.
4 g. M. A S. N. Y. Orlice.56 Beaver.
New York,
g
t g. J. A D
do
5
M. A 8, N. Y., Manhat. Tr. Co.
4*sg.
6
J. A J Of.reo.,27Plne8t.,N.Y.
M. A N, Nov.,'98,coup.last paid.
Links:
Bos. a n ^ virl.. 1st M..N.H.toWllliiuan.,Ct.c*
Colchester BR, 1st mortgage
Danburv .v Norwalk oon. M. ($100,000 are 6s). o*
Genl. SI., Danburv, Conn., to Wilson Point. Ac.o*
Harlem R.APorto.lstM.guar. ($1,000,000 6s). o*r
2d mortgage, guar. (8ee V. 56, p. 813)
oAr
Naugatiuk 1st M., Nauga. June, to Wlnsted, Ct.r
New Haven A Derby, oonsol. mort. (Nov. lst)..o*
N. H. a No., consol. s. f. $15,000 p. jr., not drn.o*
Konrf*-Prln«.l-
pal.When Dae.
r -M.W New Haven, Nat. Bk.
&
Chem'al
Lincoln
&
10,000,000 3i«&4g. M.
1,000,000
4 g. A.
4ig
M.
200,000
100,000
4
A.
5 g. M.
2,839,000
139,500
6g. J,
225,000
8g. A.
'97'01
i
Bonds of Proprietary,
Vol. LXXIII.
Mch.
Apr.
Mch.
Apr.
Nov.
Apr.
June
Aug.
July
July
Apr.
1,
1,
1,
1,
1,
1,
1,
1947
1942
1910
1910
1937
1902
1919
1905
1907
1920
1925
1903
Apr.
Apr.
July
Apr.
1,
1,
1,
1,
1,
1,
1,
1,
1,
1,
1,
1,
Oot.
1,
1947
Oct.
June
June
May
1911
1913
1918
1909
1911
1904
1911
See text.
June
1,
1992
-
Deo'OlJ'ne'15
To Moh., 1906
ByJulv.1903
Nov.
July
J*
1,
1,
1917
1912
New York ALong Bra nrhRR.— Perth Amboy to Bay Head. N.J.
38 miles. Leased In 1888 for 99 years to Penn. RR. and Cent. RR. of
N. J., which Jointly and severally guarantee interest and 7 per cent on
$2,000,000 stock, all owned by Ceu. RR. of N. J.— V. 72, p. 438.
New York Ontario Ac Western Ry.— (See Map.)— Operates
from Weehawken, opposite N. Y. City, to Oswego, on Lake Ontario:
Road Owned—
Oswego to Cornwall, N.Y
Branch
do
do
Miles.
272
22
17
8
to New Berlin
to Delhi
toEllenvllle
Road
Controlled, die.
Mile*.
Pecksport Conn, (all owned).. 4
Ontario Carb, A S. (all owned.)
Cadosia.N.Y., to Scranton, Pa. 54
Rome A Clinton (leased)
1T13
Utica Clinton A Bing. (leased). U3i
Wharton Valley (owned)
7
11 See this Co.
Total operated July 1,1901. .481
Total owned
319
Trackage (till 2079) W. Shore RR.:
C'nwalltoW'h ken(V.61,p.425) 53
In 1899 acquired nearly all the bonds and about three-quarters of
the stock of the Port Jervis Monticelio A New York RR. (which see);
also began extending the Ellenville branch from EllenvlUe to Kingston,
27 miles, to be completed in 1901, and to form part of a through line
from Port Jervis to Kiugston.-V. 71, p. 556; V. 73, p. 501.
Organization.—The New York A Oswego Midland was sold in foreOlosure Nov. 14, 1879, and this company organized.
Stock.— Stock is $58,118,982, (par, $100), of whioh $5,000 Is old pref.
Voting Trust.—The preferred was originally $2,000,000, but all except $5,000 has been exchanged for bonds under act of June 8, 1885.
The exchanged preferred stock Is held alive under a voting trust and
elects eight of the thirteen directors under a provision of the " Articles
of Association," until a dividend shall have been earned and paid upon
the common stock. The voting trustees elect directors in the interest
of the common stock. See V. 61, p. 425. 426, and editorial, V. 65, p. 495,
Bonds, Etc.— Refunding mortgage for $20,000,000 covers 319 miles
of road owned, all the securities of the Ontario Carb. A dcranton Ry.,
54 miles, and all other property hereafter acquired. The balanoe
unissued is available for additions, improvements, etc— V. 72, p. 87.
The 4*2 percent equipment trusts of 1901 cover 625 coal cars, 8 passenger cars and 7 locomotives.— V. 72, p. 533.
Gfc-NERAL Finances.— Early in 1899, the coal properties at Scranton,
Pa., of the Lack. Iron A Steel Co., (the capacity of the collieries
then open being about 700,000 tons per annum) were purchased by
the Scranton Coal Co .aided by loans from the N. Y. O. & W., the latter
issuing its $2,5' 0,000 5 p. c. notes (reduced to $2,400,000 in 19001901 ), extending over a period of years secured by first mortgage on
the coal property, and loaning $1,475,000 (of which $305,000 has
been repaid) secured by a second mortgage thereon, the O. A W. obtaining a contract for the entire tonnage. V. 68, p 41,429. The
coal companies are expected ultimately to take care of all the obligations created.— V. 69, p. 604, 646.
In November, 1900, eight independent anthraoite properties with a
maximum output of 2,000,000 tons annually were merged as the Elk
Hill coal A Iron Co., the N. Y. O. A W. issuing its $3,500,000 5 per
cent sinking fund first lien gold notes seoured by the Coal & Iron Company's first mortgage, these notes maturing $75,000 each 6 mos., beginning June 1, 1901. to June 1, 19 1. and thereafter $200,000 semi annually to Dec. 1, 1915. In the event of any additional mortgages
being placed on the railroad properties besides the refunding mortgage, the notes are 'o be secured pari passu with such new obligagations. The Elk Hill Co. also made a seoond mortgage to the N. Y. O.
A W. for $2,400,000 at 5 per cent. V. 71 p. 1270; V. 73. p. 501.
The company's coal tonnage is derived from the following souroes:
Scranton and Elk Hill companies (as above stated), total maximum
capacity, 2,700,t 00 tons; other companies, 30c, 000.
.Gross, $1,115,041; net, $400,154
Earnings— 2 months,) 1901
Gross,
979,244; net, 3oO, 06
July 1 to Aug 31. $1900
Annual Report.— Fiscal year ends June 30. Annual meeting last
Wednesday in September. Report for 190001 was given at length In
,
1
,
Coal traffic in 1900V. 73, p. 492, 501; see also editorial, p. 467.
01, 2,361.026 tons (out of 3,508,508 tous), against 2,157,553 In '99-00.
1899.
1901.
1900.
Tear ending June 30.
$5,322,884
Gross earnings
Operat'g expenses and taxes. 3,777,137
$4,963,483
3,414,917
$4,346,164
2,970,110
Balance, net earnings.... $1,545,747
Tot. net income.lncl. "other." $1,962,991
¥1,548,566
$1.822,2>8
$1,370,054
$1,543,973
625,207
46,319
186,031
Intereston mortgage bonds..
Miscell. Interest and discount
Rentals paid
654,133
232,092
197,533
617,480
153,471
192,282
$686,366
$879,233
Balance, surplus
$859,024
Pres.,Thos P.Fowler.-(V.72,p. 1136; V.73,p. 336, 338,492, 501.)
York Ac Ottawa
Tupper Lake. N. Y.. to Ottawa, Can.,
128 miles, the new bridge over the St. Lawrence at Cornwall being
opened for traffic about Nov. 1, 1900. V. 71, p. 646. Owns portion of
line In New York State directly and all the, securities, except cufficlent
RR.—
New
Ottawa A New York Ry in which title to
vested, and or the ( orn wall Bridge Co. Stock outstanding, $2,540,000. In Apr., 1900, Henry W. Gays was appointed
receiver. V 70. p. 842. In July, 1900, $436, *00 receivers' certificates
were authorized, of which *400,(i00 were issued. V. 71 p. 136. Year
ending June 30, 1900. gross, $77,807. Coupons of May, 1899, and
since in default. In Jan., 1901; it wai s'ated that no reorganization
to qualify directors, of the
Caiadlau part
,
is
,
October,
1901.]
RAILROAD STOCKS AND BONDS.
101
1
)
INVESTOKS'
102
SUPPLEMENT.
[Vol. LXXIII.
Subscribe™ will confer a great favor by giving Immediate notice of any error discovered In these Tables.
Bonds— PrinolRAILROADS.
INTEREST OR DIVIDENDS.
Miles Date Size, or
pal.When Due.
Amount
of
of
Par outstanding Rate per When Where payable, and by Stocks— Last
of column headings, Ac, see notes
For explanation
Outstanding
on
first
T.
PhUa.
rf
M.. $500,000
Norfolk—81 ock. $ 2,000,000
FP
gu.Ce.o*
112
112
57
57
12
r
12
1899
1899
1SS7
1894
1887
1887
of N. J, 1st mortgage, gold.Ce....o»
Paterson Exten. RR. 1st M., real estate, s. f.g.o*
N. Y. 8us. A W 1 st M., ref, g. ($5,000 are 6s).Ce.O*
2d mort. ($1,000,000 gold) 3d M. on 73 m.Oe.c*
General mortgage for $3,000,000, gold... Ce.o*
Collateral trust bonds, subject to call, our.Ce
Terminal 1st mort, for $2,000,000, gold..Us.o*Ar
72
1SS1
1st M.. $3,000,000, gold..
c*
Income mort., g., non-cum., reg, ($1,000,000) FP
Putnam.— $.Y. A No., 1st mortgage, gold.o
o*
N. Y.4P. 1st eon.. $6,200,000, g.,sru.p.Al. end..
.y. F. <*
F.
if.
Rock. B'h.— 1st M., $1,000,000,
<t
g.,
Income bonds, non-cumulative. Ce
N. T. Susquehanna <t Western —
Midland
RR
.
Car
trusts
—
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
—
65
10
3
2
....
....
91
t
i
500
144
144
1,000
&
A$
100
1891
1,000
100
100
RR.—
RR.—
A Norfolk RR.—Delmar,
New
New York
Del., to
Philadelphia
Va., 95 m., and King's Creek, Md., to Crisneld, 17 miles.
Reorganized in 1898-99 without foreclosure, per plan in V. 66, p. 760.
Securities.— 8tock, $2,000,000; Issued, $1,714,375; par, $50; represented by negotiable trust certificates issued by Fidelity Insurance
Safe Deposit Co. of Phila. Of the $3,000,000 1st 4s, $400,Trust
000 are reserved for improvements.— V. 68, p. 773, 978. As to incomes, see V. 68. p. 978. First int. on incomes, 2 d. c, paid Nov. 1,
V. 71, p. 809. First
1899; May 1,1900,2 p. c; Nov., 1900, 2 p
dlv. on stock, 2 p c, paid Jan. 3, 1901.- V. 72, p. 45.
Earnings.- Year ending June 30. 1900, gross, $1,199,842; net,
Cape Charles,
A
c—
$4*6,460; other Income, $960; charges, $290,105; bal., sur., $179,315.
-(V. 69, p. 906; V. 70, p. 842; V. 71. p. 809; V, 72, p. 45 )
Owns 155th Street and 8th Ave.,
Putnam
York
N. Y. City (terminus Manhattan Elevated), to Brewsters, N. Y., 54 miles;
double-track branch to Yonkers, 3 m.; operates 4 m.: total, 61 miles.
Hibtort.—Successor to the N. Y. A Northern, sold under foreclosure
Of 2d mort. Dec 28, 1893, and purchased for N. Y. Central A Hudson
River RR., which operates It under lease— see V. 63, p. 754, 820, 1159.
Stock.—Capital stock Is $6,500,000; par, $100.
Bonds.—The New York Central guarantees the new consolidated
mort. bonds, of which $1,000,000 were reserved for improvements; also
$1,200,000 to retire at maturity the first 5s.— (V. 66, p. 83, 135.)
York Rockaway Reach Ry.— (See Map Long Island RR.)
Owns from Glendale Junction to Rockaway Park, with branch, 12
leases,
miles, of which 10 31 miles double track, mostly 80-lb. steel
1-90 miles; total. 13 90 miles; trackage to Long Island City, BrookOperated by electricity. Stock,
lyn, Far Rockaway, etc, 18 miles.
$1,000,000; par, $100. Controlled by Long Island Railroad Company,
whose endorsement Is printed on first mortgage bonds, of which in
Dec, 1899, $111,000 owned by L. I. RR. and deposited under its unified mortgage, together with about $800,000 of the incomes. For year
ending June 30, 1901, groBB, $356,411; net, $143,050; Interest, taxes,
etc. $71,501; balance, surplus, $71,54'.', appropriated for improve-
RR.—
A
New
A
New
—
-
;
-
ments.-
(V. 66, p. 1046.)
New York Susquehanna A Western
lilt.— (See Erie Map.)
Lines leased, etc.
Miles.
Miles.
Limes owned in fee.
Jersey City to Gravel PL, Pa.. 101 Mlddletown Un. A Water GapTf 14
Wilkesbarre & Eastern
[Double track 19 miles.]
65
10
Two bridges, N. J.,toUnlonville 21 Susq. Connecting RR
24 Trackage
3
Other branches
Total road operated (Usee this co.) June 30,1901
^238
History.—Consolidation In June, 1881, of the Midland of New J. In
1898 nearly all of the capital stock was exchanged for stock of
the Erie RK., which operates the line as an independent outlet to New
York. Bee V. t6, p. 63, 83 and 759.
Stock.— Pref., $13,000,000; com., $1?, 000,000, of which the Erie
owned June 30. 1901, $12,3; 8, 900 common and $12,892,400 preferred,
of which $6,629,900 common and $6,630,400 preferred are deposited
under its Pennsjlvai. la collateral trust mortgage.
Dividends.— > Nov., 1891, to 1893
None
On
pref., p. ct.
J
2 1* yearly.
Bonds.— General mortgage
since.
bonds are reserved to retire the
second mortgage 4*ss. See mortgage abstract, V. 52, p. 84. The
teeonds are exchangeable for generals on payment of $60 per bond.
As to terminal bonds listed in Sept., 1893, see Supplement of Jan.,
1898, aprt abstract of mort. V. 57, p. 512. The Wilkesbarre <t Eastern
1st 5s are unconditionally guaranteed.— V. 60. p. 481.
Susquehanna Connecting (Js are called, $< 5,000 each MAS.
The New Jersey Midland Junior securities are exchangeable Into
took on certain terms, and have mostly been so exchanged.
Gross, $507,465; net, $242,391
EARNINGB.-2 mos., 1 1901
Gross. 4ii0,205; net, 185,339
July 1 to Aug. 31.
S 1900.
Report.— Report for 1930 01 In V.73, p. 441, showed on 238 miles.
5s,
Olh. Inc. Charges.
Gross.
Net.
Bal. Sur.
*2.o(4.887 $1,047,249 $29,570 $910,238 $146,-81
1.115,350
2* ,007
936,285
205,072
2.582.116
IS. 71, p. 236,698. 751, 808. 1013; V. 72, p. 936; V. 73, p. 441.)
New Irork Texas A Mexican Ry.—(See Map of Southern
Paexftc.) Owns from Rosenberg to Victoria, Texas, 91 miles; branch
Tear.
1900-01
1890-00
—
—
from Wharton, Tex., to Van Vleck, 30 miles, opened Sept. 29, lf-00.
Stock. $630,040. of which Southern Pacific Com pan j ownn $615,000.
There are also $53,000 old sixes outstanding, and 30-year Matagorda
division bonds Issued at $15,000 per mile, due Jan. 1, 1931, int. J.AJ.,
Operated by
on the branch from Wharton to V an Vleck, 30 miles.
South. Pac Co., which guarantees the 4s.
g
-
A
A
A
A
J.
M.
A.
A.
Hornellsville.N.Y.offloe July 1. 1917
3.
Checks mailed.
Jan. 3, '01, 2%
26 So. 15th St. Jan. 1, 1939
N. Checks mailed (see text) Jan. 1, 1939
New York City.
O.
Oct. 1, 1927
O. N.Y., Gr. Cent. Station. Oot. 1, 1993
S.|N.Y.,U. 8. M. ATr. Co. Sept. 1, 1927
[
J. Phila..
j
A
A
A
A
A
A
A
5
g.
A6g.
4iflg.
8*
8*
1
J.
J.
F.
F.
M.
M.
j
478,000
1,465,000
D.l
A
A
A
&
M.
M.
A.
1910
1910
1937
1937
1940
1905
1948
June
Mar.
1,
1943
1907
Deo.
1,
Jan.
Feb.
Aug.
May
May
Office
do
do
8.
do
N. N. Y.Of. 26 Cortlandt st
O. N.Y..S.Pao.Co.; London.
do
do
do
D.
1,
1,
1,
1.
1,
1,
1,
Apr.
June
do
do
New York
1
S.
A D
J.
J.
g.
RR. Co.
N.Y..OL 26 Cortlandt Bt
do
do
do
do
do
do
do
do
do
do
N.
do
do
do
do
A
SS:
6
5
6
6
4
I.
O.
A
A.
6
44.0
439.0<
500
plan would be issued until the fall, when the earning capacity as a
through line may bave been determined.— (V. 71, p. 646
Shingle House, Pa., to CanYork A Pennsylvania
lsteo, N. Y., 52 miles. Including extension from Millport to Shingle
House, 5 miles, completed about "Nov. 1, 1S00. Stock, $500,000 (par,
$100); all outstanding. For year 1900-01, gross. $85,162; def under
oper.. $7,772; charges, $29,953; bal.. def., $37,725. Cause of small
earnings was stated to be extensive repairs, etc.— (V. 62, p. 1178.)
See Erie RR.
York Pennsylvania A OJhio
New
5
70,000
1885
1896
1887
1893
1882
Ogdeksbcrg.
I
1*
3,000,000
300,000
]
Subsidiary companies
Wllkesb. & East'n, let M., gold, guar. p. & l.«..o*
Susq. Connect. RR. 1st M. g.,red. at 105, gu.Mp.o
Middletown Un. A \V. G.— See that company.
Passaic A N. Y., 1st mort.. (9i-9 years, rental)...
Macopin RR.. 1st mort. (br'ch to Macopln Lake)
Y. 8. A W. Coal Co., 1st M. (1,050 acres, s.f.).oN. Y. A Wilkesbarre Coal Co. 1st mortgage... Co
M. T. Texas <*Mex.— let M.,g..$or*.gu.by So.Pacc
Niagaa Falls Brunch- See Rome WaTERTOWN A
Norfolk <£ Carolina See ATLANTIC COAST LINE RR
Norfolk <t Southern Capital stock
A. o*
1st mortgage. $10,000 per mile, gold
Norfolk Jt West. By.— Common stock, $66,000,000
Adjustment pref. 4 p. c. uon.cum. $23,000,000..
Dividend.
See text
3,500,000
250,000
3,750,000
453,000
2,547,000
273,000
2,000,000
56,691
1892
1897
I
&
3.
984,000
5 g- M. A
1,000.000 mostly o wnedby L.
SOOAo.
1,000
1,000
1,000
1,000
1S1»5
1,000
1893 1,000 Ac
1SS7
18*7
1S90
Whiorn.
H
Payable
$500,000
1.714,375
2,600,000
1,000,000
1,200,000
4,025,000
1880
1
134
134
134
100,
Ac
50
1897
52
New Tork d Pennsylvania— 1st
N.
CeD£
Road. Bonds Value
page of table
l>age
Dec
Mch.
Nov.
Apr.
I,
1910
19li
1913
19i3
1913
1,
1,
1,
1,
2,000,000 5 In 1901 Q.-J, N. Y., Atlantic Tr. Co. Oct.10,'01.1%
1,350,000
5 g.
May 1. 1941
do
do
64,469.200
,N. Y., Otf., 40 Exoh. Pl.iJUDe 20. 01.
22,745,500 4 In 1901 F. & A.
do
Aug.23,'01,2%
do
MAN.
I
I
|
Earnings.— 11 months,
> 1900-1
Gross, $269.8*7; net, $81,491
July 1 to May 31.
Gross, 277,345; net, 111,234
\ 1899-0
In year ending June 30, 1900, gross, $303,111; net, $123,058; surplus over taxes and oharges, $21,495. Due So. Paciflo Co. June 30,
1900, $482,197.
Norfolk A Southern RR.—Owns Norfolk, Va., to Edenton, N. O..
74 miles (ferry across Albemarle 8ound to Mackey's Ferry, 9 miles ;i
thence road to Belle Haven, 30 miles Norfolk to Virginia Beach, 18
m.; Kempsville to Munden's Point, 22 m.; total main line, 144 miles.
On No/. 1, 1899, the Norfolk Virginia Beach A Southern RR., 40
miles, inoluded above, was purchased, $520,000 bonds being issued
;
;
therefor.— (V. 70, p. 76, 381, 532, 1195.)
Dividends.—July, 1892, to Oct., 1901, lnol., at 4 p. c per annum,
and in July, 1901, 1 p. c extra was also paid.-(V. 72, p. 1238.)
Report.—
Gross.
Net.
Other Inc. Oharges. Sur. for die.
1899-0
$738,999
$203,805
$6,124
$69,650 $140,279
1898-9
135,265
552,041
171,902
3,596
40,^33
In each year paid dividends of $80,000. Earnings are on basis of
144 miles in 18S9-0, against 104 In 1898-9.— (V. 72, p. 123d.)
Norfolk
A Western Ry.— See
Map.— System extends from Nor-
westward
to Columbus, Ohio, and northward to
Md., with branches to the various coal fields In Virginia
Miles.
Road owned.
Sundry branches.
Norfolk, Virginia, to Columfolk, Va.,
Hagerstown,
and West Va.
Miles.
129
708
Total owned June 30, 1901.1,563
Radford, Va., to Bristol, Tenn. 107
4
Roanoke, Va., to Hagerstown.238 Columbus Conn.A Term. RR.
100
Graham to Norton
Total
1,567
Nor. Car. June, to Iron Ridge. 45
83
Lynchburg to Durham, N. C. 115 Doubletrack
121 Cln. Ports. A Va. (see below) 130
Roanoke to Winston
Organization—This Railway company In 1896 succeeded to the
property and franchise of the Norfolk A Western RR., etc., foreclosed
per plan, was In V. 62, p. 641. The old stock paid an assessment
of $12 50 per share, common receiving 75 p. c and the old pref. 112 *
p. o. In new common. In 1900 the Penn. RR., together with controlled company, acquired $21,500,000 of the stock, its representabus,
.
O
.
1
tives entering the directory. V. 70, p. 687, 1150, 1195; v. 71, p.
809; V. 72, p. 184, 4 80. In 1901 the entire stock of the Cincinnati
Portsmouth A Virginia, Sciotoville to Cincinnati (of which 4 m. trackbranch to Hillsboro, leased to another company, a total
age) with l^
of I30mile8,wasacquired,and the road merged July 1,1901. (V.73.
Brandies building June 30, 1901, 24
p. 37. 438, 532; V. 72, p. 503.)
miles; also jropo^ed extensions in North Carolina; see V. 73, p, 503.
Stock.— Provisions of preferred stock certificates were given In Surplement of April, 1897, page 4, said stock being 4 p. c non-cumulative,
with preference as to assets and dividends.
m
'
Dividends,
p. c )
Preferred..
Common
$
)
1897.
1898.
1899.
1900.
1%
3%
4%
4%
..
..
..
1901.
4%
June,
1%
consolidated mortgage of 1 896 is limited to $62,500,000, of which an amount equal to the underlying bonds can be
issued only on the retirement of the same. The balance Is or waa
reserved as follows: For new construction, acquisitions and improvements, not exceeding $1,000,000 yearly. $9,690,436 and $3,500,000
additional for similar purposes. The right to issue prior lien bonds
has been annulled.- V. 73,ip. 1 02.
The new 4 per cent first consols are a first mortgage on a large
part of the system, viz., upon 833 miles of railroad; upon Important terminals at Norfolk and Lamberts Point; upon the Ohla
River Bridge and the Roanoke Machine Works; besides being a
consolidated mortgage upon the remainder of the system, subThey are further secured by the
ject t<> the undisturbed liens.
squlpment, certified to have cost over $11,000,000, covered by the car
trusts and equipment bonds to be taken up under the plan. Undisturbed bonds which cannot be taken up at maturity on satisfactory
terms by use of the consols reserved for that purpose may be extended or renewed. See abstract In V. 64, p. 376. The Hen of th*
mortgage was extended over the Clncin. Portsm. AVa., acquired la
1901, after redemption of the bonds onJulyl.-(V. 72, p. 137, 438,
532, 723, 1080.)
General Finances.—The reorganization reduoed the fixed charge*
from $3,214,037 to $2,218,450, a reduction of $995,587, making theannual charges ahead of the new common stock smaller than those
ahead of the old preferred stock. Of the traffic in 1900-1901 58 per
cent (6,277,133 tons) was bituminous coal and coke.
In March, 1899, $5,000,000 1st consol. 4s were sold, of which $1,500,000 to be used for betterments, double-tracking and additional
rolling stock; remainder to retire underlying bonds maturing to July
1,1900. V. 68, p. 619; V. 70, p. 176, 1195; V. 71, p. 497 During
1900-01 $^,000,000 were sold for Improvements. V. 73, p. 502. Dividends on the common stock were begun in June, 1901.— V. 72, p. 873.
Bonds.— The
first
Earnings- For 2 months ending Aug.
Gross.
1901
1900..
$2,77\119
2,680,477
31:
Net.
Int.. taxes, die. Bal., sur.
$1,167,594
1,046,797
$384,323
375.300
$783,271
671,4971
October,
1901.
J
RATLKOAD STOCKS AND BONDS.
103
.
.
)
104
,
IN VESTORS'
:
SUPPLEMENT.
[Vol. LXXIII.
Subscribers will confer a great favor by giving immediate notice of any error discovered In these Tables
Bonds— Prim, iRAILROADS
INTEREST OR DIVIDENDS.
Miles
For explanation of column headings,
on first page of tables.
Norfolk
&o., see notes
Date
8ize, or
of
of
Par
Road. Bonds Value.
X Western Ku.— Concluded—
Amount
Outstanding
When Where
Rate per
pal.When Due.
Payable, and by
Whom.
Payable
Cent.
Stocks— Last
Dividend.
(
mow
(iorf.AWest.Ccn
428 1881 $1,000
lstlM.Xorf.toBris.eto.g.o*
New Klver division 1st mortgage, gold
160 1882
o*
1,000
Improvement A Extension Mortgage, gold...o* 588 1883
1,000
129 188!)
Scioto Valley A New England, 1st M.,assuni.,g.e*
1,000
1896 500 &o.
8 ,t \\\. 1st oonaoL ML, $62, 500,000, g. Jle.rtr 1,677
500
Col. Con. A Term. 1st M., gold, gu. p. & i. (end.)c*
1892
Equip, trust ot 1893, gold, not subject to calL.o*
1893
1,000
1892
Equiu. trusts, gold
o
1,000
Nonh Oar.— Stock. 6*9% till Deo.31, 1901— then 7% 223
100
Forth Pacific Coast— 1st M., gold, sub.tooall atlOO.c 905 1881
1,000
o 905
1892
General M. for $1,500,000, gold
1,000
86
50
Mo. Penn.—Stk., S p. 0. gu.990 JT8., $6,000,000 auth
7s extended in 1S96)....0
56 1866 500 &0.
OH 2d M., now 1st M.(
cJtr
General mortgage bonds
86 1873
Consol. bonds secured by $1,200,000 stock
r
1881
Funding loan boons, $109,000
1898
Real estate mortgages June 30, 1900
26 1890
No. East Penn.— 1st M.. g., gu.P.& R. old oo.(end.)o*
1,000
North'n Ala. Ry.— IstM ($350,000 are prior llen).c
107 1890
1.000
Northern, (N. a.)—Stock, 6 p. o. rental
83
100
Northern Central— (Stock $12,000,000 authorized)
50
148 1855 $'&"£"
1st mort.. State of Maryland loan— V. 70, p. 895..
Consol. gen. mort. C gold, s.f., drn. at 100, A&B.c
148 1874-5
148 1876-7 $1,000
of 1874, gold, se-^gold, $,
o
cures all equally. ( gold, E
148 1885
o
1,000
2d gen. M., series "A" A "B" (A $2,565,000)
148 76A82 1,000
North'n of Sew Jersey— Stock, guar, (see V.69,p.8l
100
3d mortgage, now 1st, Interest guar
o
"2*i
1887 100 <feo.
Gen. M., $1,000,000, g., int. gu. by lease, lime
1900
1,000
.
C4D.FP
.
Annual Report.— Fiscal year ends June
FP
30.
Annual meetina
is
held at Roanoke, Va., on second Thursday in Ootober. Average rate
per ton mile 0-46 cent in 1900-1901, against 043 in 1899-00; average
load of revenue freight, 4*1 tons, against 435. Report for 1900-1901
V. 73, p. 492, 502 (see editorial p 473) showed:
1899.
1898.
1901.
1900.
Tears end. June 30—
$
$
$
$ C
Passenger earnings
2,046,4 >5 1,857,305 1,608,414 1,467,532
Freight earnings
13,214,164 11,753,062 9,749,094 9,306,899
469.630
461,692
Mall, express, Ac
480,638
524,824
Total gross earnings. .15,785,442 14,091,005 11,827,138 11,236,123
Operating exp. & taxes.. 9,445,459 8,501,096 7,939,102 7,886,099
(6712)
(70 18)
P. c. of exp. to earns.
(5984)
(6033)
Total net earnings... 6,339,983 5,5*9.909 3,888,036 3,350,024
Total net income. .
6,408,600 5,663,471 3.911,400 3,382,987
Interest on funded debt 2,238,480 2,257,239 2,219,477 2,211,075
28,358
Interest on car trusts.
16.400
22,137
1 ,238
Dividends on pref
(4%)909,924 (4)909,748 (4)909,588 (2)454,198
$7,283,000
M. & N.
2,000,000
A. & O.
S g F.
5,000,000
A A.
5,000,000
4 g. M. & N.
30,704.600
A. & O.
600,000
J. & J.
I g
95.000
,-J.
g
87,000
5
4,000,000
F.&A. io
515,000
g M. & N.
i
983,000
g J. & J.
4,721,250
i
Q.-F.
1,500,000
4
M. & N.
4,500,000
7
J. A J.
1,200,000
6
M. & 8.
302,000
M. & N.
4
122,608
400,000
o it- A. & O
1.650,000 See text. J. & J
3.068,400 See text. Q.-J.
11,462,400 8 in 1901 J. A J
1,500,000
6
Q.-J.
580,000
J. & J
f g J. & J.
2,000,000
6 g.
1,757,000
4»*g. A. A O
3,565,000
J. A J
5
1,000.000
4
Q.-M.
654,000
J. & J
6
154,000
4»ag. J. <& J.
N. Y., Mercant. Tr. Co.
do
-
-
'
-
-
-
do
See text.
X. Y., Mercant. Tr. Co.
N.Y. Mercantile Tr. Co.
N. Y., Atlantic Trust Co.
N.Y. Mercantile Tr. Co.
May
1931
1932
1934
1989
1996
1922
1,
1,
1,
1,
1,
1,
Apr.
Feb.
Nov.
Oct.
Jan.
Q'lyto Jan.'03
Q'ly to Oct. '02
3%
Burlington, N. C.
San Fran., Co.'s Office,
Aug., '01,
Phila., Phila. A Read'g.
N.Y., J. P. Morgan* Co.
Ap"r."'l,"i920
1901
do
do
Jan.
1912
Phila. Of., 240 So. 3d St Aug.24,'01,2%
do
May 1, 1936
do
do
do
Jan. 1, 1903
do
do
Sept. 1. 1905
do
do
Nov. 1, 1928
Nov.
1,
1,
July 1, 1928
Boston, 19 Milk «t.
Oct l.'Ol, 1*»
Bait. & Phila.; Pa. RR. Julyl5,'01.4%
Annapolis.
Irredeemable.
London and Baltimore. July 1, 1904
Baltimore, Treas. Offloe. July 1, 1904
do
do
Apr. 1, 1925
Baltlmore.Treas. Office. Tan. 1. 1926
N. Y., 21 Cortlandt St. Sept.,1901, 1%
N. Y., U. S. Mort. & Tr. July 1, 1917
N. Y., 21 Cortlandt St. Jan. 1, 200O
Organization.— A consolidation of several roads in 1854 Conby the Pennsylvania RR., which owns a majority of the stock.
Securities Owned— On Jan. 1, 1901, among the assets held were
Bait. A Potomac stock (par) of $704,450; Elmira A Lake Ontario stock
(all), $1,500,000; Shamokin Valley & PottsviUe stock, $619,650; Union
RR. stock. $1,225,000 (the balance of $875,000 being held by PhilaWllm. A Balto.), etc. Also the following acquired In 1900, Oh«sapeake
trolled
Director".- Frederick J. Kimball. Henrv Fink and Victor Mnrawetz. New
York; 8. M. Prevost, Samuel Rea, N. Parker Shortrldge. W. H. Barnes. Joseph
I. ii .ran and John P.
.reen PDlladelphia; James McCrea, Pittsburg; Walter
H. Taylor. .Norfolk, Va.
-(V. 72, p. 137, 184,438,480,723,873,1080, 1280; V. 73, p. 234,
$1,500,000; Bait. & Ohio pref. stock. *1, 000,000; Norf.
stock, $500,000, and common, $1,000,000; Erie & West.
Transportation Co. stock, $500,000.
Stock, Etc.— Authorized issue was increased in Feb., 1900, from $8,000,000 to $12,000,t 00. Of the stock, the Penn. RR. on Jan. 1, 1901,
owned $6 267,950. The $1,126,000 our. 6s were paid at maturity
Apr. 1, 1900, the $2,804,000 gold 6s July 1, 1900, and the $600,000
Uniou RR. of Baltimore 6s May 1, 1900.— V. 72, p. 443.
Liabilities.— Mort. and ground rents on Jan. 1, 1901, were $112,386.
1901
Dividends.— ) 1888. '89. '90. '91. '92. '93. '94 to 1900.
8
7
8
8
7 yearly
7
8
7
Per cent... $
Gross, $5,300 345; net, $1,440,692
Earnings.— 8 months, J 1901
.Gross, 5,071,545; net, 1.365,092
{1900
Jan. 1 to Aug 31.
Annual Report.— Fiscal year ends Dec. 31. President's report for
1900. given at length in V. 72, p. 434, 442, showed the following
1897.
1899.
1898.
1900.
Tear end. Dec. 31—
$7,845,412 $7,233,417 $6,664,028 $6,732,703
Gross earnings
1,852,786
1,934,336
2,347,874 1,950,523
Net earnings
504,154
533,109
366 ,788
632,19 4
Otherreceipts
Total net income.... $2,980,068 $2,483,631 $2,356,940 $2,301,124
474,304
535.618
480,844
480,078
Rentals, &c
834,153
651,116
775,420
796,574
Interest on debt
(7)684,033 (7)526,267 (7)526,267 (7)526,267
Dividends
69,796
*495,774
153,291
150,704
Miscellaneous
286, 492,495, 502.)
North Carolina RR.— Owns from Goldrboro to Charlotte, No
Carolina, 223 miles. Leased from Jan. 1, 1896, to theSouthern Ry. Co.
$396,604
properly
.
Dividends on com
Miscellaneous
Betterment fund
Flood fund
Discount, etc
(1%)644,692
1, 500,000
1,520
1,500,000
250,000
31,185
4,605
7,444
470,626
l.O'il
:
Balance
er.$822,030 sr.$507,938 sr.752,654 sr.684,751
Officers.— President. Henry Fink; Chairman of the Board of Directors, F. J. Kimball, 27 William St., N. Y.; Sec, A. J. Hemphill, 40
Exchange Place, New York City.
for 99 years at $266,000 (6*9 p. c. on stock) per year till Dec. 31, 1901.
and $286,000 (equal to 7 p. o. on stock) balance of lease; also taxes.
V. 63, p. 361. Of the stock the State of North Carolina holds $3,000 000.
Dividends, Feb., 3*8 p. o. and Aug., 3 p.
(V. 65, p. 27; V. 66, p. 665).
c—
North Pacific Coa*t RR. (Narrow Gauge)—Owns San
Fran-
cisco to Cazadero, 87 miles; branches to San Rafael and Mill Valley, 4
miles; leases to San Queutin, 3 miles; total operated, 94 miles, Including ferry to San Francisco, 6 miles. Stock authorized, $3,000,000; issued, $1,500,000; par, $100.
For year ending June 30, 1901, gross, $457,720; net, $123,237; InterIn 1899 0, gross, $423,est, $80,356; balance, sur. for year, $42,881.
124; net, $135,195— (V. 63, p. 400; V. 69, p. 906.)
North Pennsylvania
Owns from Philadelphia, Pa., to
Bethlehem, Pa., 56 miles; branches to Delaware River, Ac, 31 miles;
1*
Ground rents
second track, 54
miles; total track, 220 miles.
July 1, 1900. $59,854. Leased for 990 years from May 1, 1879, to
Phila. <fe Reading RR. at 8 per cent on stock, and lease assumed In
1896 by Phila. & Reading Railway. Current liabilities June 30, 1900,
$212,734.- (V. 62, p. 462, 870.)
Owns road from Glenside to
North-East Pennsylvania
New Hope, Pa., 26 miles. Controlled by P. <fe R. Capital stock, $400,000, of which $315,000 owned by Reading Co. is deposited under Its
gen.
of *97; par, $50, Current liabilities June 30, 1900, $296,650.
Northern
Ry.— Sheffield to Parrlsh, Ala., and branches,
stock and bonds pur119 miles. In April, 1899, a majority of
chased by the Southern Ry. V. 68, p. 824. 873. 8ee also V. 69, p. 391.
Stock Is $2,000,000. Under supplemental mortgage of 1898 $400,
000 of the outstanding $l,70o.000 1st 5s were made prior liens. Remaining $1,300,000 general lien bonds bear interest for two years
from July 1, 1898, at 2 per cent, then 3 per cent for two years; thereafter 5 per cent. (V. 67, p. 1208.) In year ending June 30, 1900,
Tross, $337,152; net, $13,784. In 1898-9, gross, $233,828; net, $72,32.-(V. 68, p. 233, 824, 873, 1224; V. 69, p. 28).
Northern (New Hampshire)
Owns Concord, N. H., to
total,
White River Jet Vt., 70 miles branch to Bristol, N. H., 13
;
83 miles. Subsidiary lines. Concord A Claremont RR., 71 miles; Pe
terborough A Hillsborough RR.. 19 miles. Lease to Boston A Lowell
tor 99 years from Jan. 1, 1890, was assigned to Boston & Maine; rental
was 5 per oent on stock till July 1, 1897, and now 6 per cent, payable in gold. Until Julj . 1897, In addition to 5 p. c. rental 1 p. o extra was paid regularly from contingent fund. Also In 1894, Jan., 5
p. c. extra was paid; in 1896, July, 2 p. c. extra; In 1897 5 p. c. extra.
—(V. 65, p. 463).
Northern California Ry.—See Southern Pacific RR.
RR.—
RR.—
M
Alabama
RR.—
,
;
Northern Central Ry.—Owns
m
Baltimore, Md., to Sunbury, Pa.
148 miles, of which 1 30 miles double track— branch, 9 miles; leases—
Shamokln Vallej A Pottsvllle Railroad, 38 miles; Elrnlra & Williams
port Railroad, 7C rates; operates at cost Elmlra & Lake Ontario Rail
road, 100 miles; Lykens Valley Railroad, 19 miles; total operated,
381 miles. Also uses New York Lake Erie A Western tracks, 7 miles,
and Philadelphia A Erie tracke between Sunbury and Lewlsport, 40
m., and owns Union RR., 9 miles.
—
& Ohio stock
A Wet-t. pref.
300,000
200,000
613,527
Extraordinary
$203,317
$247,810
Bala nce, surplus
• Includes $397,926 "extraordinary expenditures not
chargeable to capital account."
434, 438, 442, 533, 723, 1188.)
(V. 72, p.
Northern RR. of
New
Jersey.—Owns from Bergen,
N.
J.,
to
Sparklll, N. Y. 21 miles; leases Sparkill to Nyack, 5 mfles. Leased
to the Erie RR. from June 1, 1899, for the term of Its corporate existence, for Interest on bonds, 4 per cent on $1,0<0,000 stock, payable
quarterly, taxes, and all corporate expenses. Of the $1,000,000 new
4 *$ per cent general mortgage bonds, guaranteed by the Erie, »654,000 are reserved to retire the 6s due July 1, 1917, and the remainder
for Improvements and betterments or equipment for operation by electricity of the leased properties. See V. 69, p. 81. -(V. 71, p. 30.)
in o rth. Ry. Costa Rica.— See V. 71, p 1067, and United Fruit Co.
Northern Ohio Railway.— (See Map Lake Erie <t Western.)—
Owns road from Akron to Delphos, O.. 165 miles; branches, 2 miles.
Road is leased in perpetuity to L. E. A W. V. 62, p. 826.
Stock.—Common stock (all owned by L. E. &W.) $3,5P0,000; preferred non-cumulative 5 p. c. stook, $650,000; par of each $100.
Bonds.—The first mortgage Is for $4,000,000 of which $1,500,000
only to be issued at not to exceed $15,000 per mile for completed road
hereafter constructed or purchased. For year ending Dec. 31, 1900,
gross earnings were $196,765; net, $44,746; taxes, $10,266; Int. on
bonds, $125,000.-(V. 66, p. 337).
Northern Pacific Railway.— (See Maps.)— Operates one of the
leading lines to the Pacific, having Its eastern termini at St. Paul,
Minn., and Duluth, Wis. (the head of Lake navigation), and running theuce westerly, traversing the great wheat belt of Minnesota
and North Dakota, the mining district of Montana and the farming
country of Washington to Taooma and Seattle, and to Portland, Oregon, with branches to Winnipeg, etc. The system comprises
Main
line.
Leaned
Miles.
Miles,
to others.
To other companies
Ore. (lncl. 5 m. terminals) 2,171 To Province of Manitoba
Not operated
Bralnerd and Staples to St.
Ashland, Wis., to Portland,
181
Paul
Other lines
Total main line
Various branches
Total
owned
Total
595
owned
Minn A International
176
163
91
(operated
I
Total system July
Second track
|
directly)
5.395
Control led properties.
Seat. & Intern. (V 72, p. 675).
Wash. & Col. River,
2,947
2,042
13
354
39
Spurs owned...
4,989
1, 1901... .5,649
61
261
26
Water lines..
The Manitoba branches, aggregating 354 miles, were leased for 999
let by
years from May 31, 1901 to the Provincial Government and sub
i
the latter to the Canadian Northern Ry. at a rental of $ 10 >000
annually for the first 10 years, then $225,( 00 lor 10 years, then *275,000 for 10 years and therealter $300,000, with the option of purchase at any time for #7,000,000.-V. 73. p. 610.
Q
Northern Paclilo Steamship Co. Incorporated July, 1901, witn>
445.
$2,000,000 stook; eee V. 73, p. 237,
—
October,
.
-
•
KA1LKOAD STOCKS AND
1301.
105
J3CWDS.
Subscribers will confer a great favor by giving Immediate notice of any error discovered In these Tables.
Bonds— PrinolINTEREST OR DIVIDENDS.
RAILROADS.
For explanation of oolumn headings,
on first page of tables.
<feo.,
see notes
Miles
of
Pref. stock, $75,000,000, non-cuin. 4 p. oi...
Western RR. Minn. 1st M., gold, assumed
N. P. Gen. M., I'd grant, assumed. o*<fcr
St. Paul
&
167
60*3
182
Prior lien M. $130,0i>0,000 gold, ld.gr.Me.o*<fer See}
Gen. lien M. $190,000,000, g., land (jr.. F c*&r See}
i26
St. P.-Dul. Div pur. moDey M., $20,000,000 G.o*
coi. tr.M., e. (red aft Jan.'06 at 10n)Go<fer
1>iv.
Bonds Underlying St. Padl
o*
Duluth ist mortgage, assumed
St, Paul
& Duluth
—
&
2d mortgage, assumed
&
c*
s. f.
C
—
—
Bonds (not M.), int.
gu.
under lease,
Amount
Outstanding
1895
1877
1883
curr'cy...c«fcr
Rate per
1896 500 &o.
1896 500 &o.
1900
1.000
1893
1900
1,000
1,000
1897
A.
6g.
3
g.
5
5
F.
6
J.
&
M.
g.
J.
5
6g.
&
§
A.
&
4ia
Whom.
O. N. Y.,
J.
5g. M.
A.
4
&
&
&
&
&
&
&
4
—
Chase Nat. Bank. Oot.
1,
1945
Feb.
1,
1923
Jan.
Jan.
Deo.
1,
1,
1,
1,
1997
2047
1996
New York and Berlin. Nov 5, '01,1%
do
do
Deo. 5, '01, 1%
New York.
May 1, 1907
do
N.Y.,J.P.Morgan&Bert
do
do
t
D.
New York,
do
A. N. Y., J. P.
O.
do
July
1921
Morgan & Co. Aug.
do
do
8.
do
D.
do
do
J. N.Y.Winsl'w.Lan'r&Co.
J
do
do
do
do
1931
1917
1914
1916
1968
To 1909
July 1. 1933
1,
1,
Jan. 1,
Sept. 1,
June 1,
Oct.
N. N.Y., Farm's L. A T. Co. May 1, 1928
Bait , S. Dep.
Tr. Co.
1949
Mech. Nat. Bk., Wore. Oct. l.'Ol, 2%
Boston, Co.'s office.
Men. 1, 1927
& O.
Q.-J.
M. & 8.
8
pal.When Due.
Stocks Last
Dividend.
Q.-J.
Q.-F.
J.
5
4
Payable, and by
11
4g.
4 g.
3,000 000
1.200,000
1.000
g.
1901 Q.-F.
4
Q.-M.
M.35J&N4
7
4g.
794,000
285,000
100
5
When Where
Payable
Cent.
$2,500,000
80,000,000 4 In
75.000,000
352,000
8,021,000
$1,000
100
100
1,000
1,000
96,844,500
56,000.000
8,439,000
....
li<01 l.OOO&o 215,153,000
Mort GAGE.
167 1881
1,000
1,000,000
167 1887
1,000
2,000,000
21 1884
210,000
1,000
25 1886
500,000
1,000
238 1898
1,000,000
1,000
'98-'99
287,789
• ••
1883
1,000
3,764,000
not dr'n..c*
Duluth 8. L. 1st M, p. & 1., 8. f. not dr'n
Consolidated mort.. ass'd, $5,000,000, g.Ittp.c*
Car trusts, Including interest, Jane, 1901
1st M., gold, red., atll0...o*
northern Pac. Tcr.Go
northern Railway (Oal. J— See Southern Pacific RR.
«•>
Northwestern Coal Ry.— 1st M., guar, end., g. K.o*
71
Korthicestern RR. of So. Oar.— 1st M., $375,000..
72
Norwich dt Worcestei Pref. stock, 8 p. o. rental...
L. Sup., 1st M.,
Par
....
New mortgages of Northern Pacific Ry.—
Taylor's F.
Size, or
of
Road. Bonds Value.
Ko.Ohio— 1st M., g. ($15,000 p. m.) gu.. p.& l.Ce.o"
Northern Pacific Ry. -Com. stock, $80,000,000.
C.B.&Q
Date
&
§ Coupon bonds J. & J.; registered bonds Q.-J.
U Coupon bonds F. & A.; registered bonds Q. — F.
} 5,la0 miles. Including 40 miles not operated; spurs, 261 miles.
t Berlin at 4 20 marks per dollar.
-
Northern Padlii Ry. (Concluded.)—
During 1900-01 branolies and extensions aggregating 165 miles were
put into operation, and 127»a miles had been authorized but not completed J une 30, 1901.— V. 73, p. 610.
The Minnesota & International Ry., Brainerd to Bemidji, Minn., 91
miles, of which 70 per cent of the t-tock is owned, had und^r construction in July. 1901, an extension from Bemidji tt> the International
610.
Boundary at Koochiching Fails, Minn., about 90 mile*. V. 73,
The original Northern Pacifio Company was chartered by Congress
July 6, 1864; 450 miles to Bismarck were foreclosed in 1875. On Feb.
1, 1898, took over Seattle & International, and in July, 1898, the
Washington Central under lease (V. 66,p. 856), and in February, 1898,
purchased the entire capital stock and all of the income bonds of the
Washington & Columbia River Ry. See separate statements for these
Washington companies. S' attle & International Ry. was on Apr. 1,
1901, merged in system. On July 1, 1900, the St. Paul & Duluth RR.,
St. Paul to Duluth, etc., 238 miles, was merged, its bonded debt being
assumed.— V. 70, p. 1250; V. 71, p. 648.
History.— This Wisconsin company on Sept. 1,1896. succeeded to the
railroads, land grant and other property of the Northern Pacific RR.,
foreclosed In July, 1896, and reorganized per plan in V. 62. p. 550.
In the reorganization the $49,000,000 old common stook paying assessment of lo per cent received 100 per cent of new common. The
$35,000,000 old preferred paying assessment of 10 per cent received
60 per cent in new common and the same of new preferred.
The road is controlled by J. P. Morgan & Co. and James J. Hill on
the one band, and theHarriman-Kuhn, Loeb & Co. Union Pacific syndicate (the latter acquiring its interest about May, 1901,) on the other;
and in July, 1901, in pursuance of a plan for "complete and perfectharmony," the following representatives of the various Western railroad
interests entered the Board: James J Hill, of the Great Northern;
E. H. Harriman, of the Union Pacific; Wm. Rockefeller of the St.
Paul; H. McK. Twomblv of the Chic. & North Western and Samuel
Rea of the Pennsylvania RR. -V. 72, p 936,1081; V. 73, p. 138, 185.
Stock.— The preferred stock is subject to call In whole or in part,
at par. upon any first daj of January prior to 1917.
Additional preferred stock and other mortgages on the company's
property, as existing at the completion of the reorganization, can be
issued only with the consent of a majority of each class of stock
represented at a special meeting. Pref. stock is " entitled to non-cum.
dividends to the extent of 4 per cent per annum, payable quarterly
out of surplus net earnings in eaoh fiscal year before any dividends for
such year shall be paid on the common stock." In any fiscal
year In which 4 per cent dividends shall have been declared on
both preferred and common stock, all shares, whether pref. or common, shall participate equally in any further dividends for such year.
Duluth (but not C. B. & Q. mortgage), $6,471,190.— (V. 69, p. 1063
1)03,1194)
In 1901 Che Northern Pacific and Great Northern acquired $107,577,200 of the $lll,v»00,000 stock ol the Chicago Burlington & Quincy
RR. in exchange for their joint 20-year 4 per ceut gold nonds
secured by the deposit of the stock in trust, on the basis of $200 in
bonds for eaoh $100 t-tock. See circular, V. 72. p. 871, 1034, 1135;
application to
—V.
63, p. 1071.
Dividends
(p.
c.)—
On common
On preferred
Bonds.— Abstracts
)
>
1898
1899
O
2
1900
4
1901
4
4
4
4 (Q.-M.)
of the new Prior Lien and General Lien mortgages of 1896 were in V.63, p. 1012-1019, and the statement to New
York Stock Exchange, was in V 63, p. 1072, showing:
)
5
Prtor lien 4%s purchasable with land sales at not exceeding 110, but are not subject to call, not over
$500,000 cash yearly to be so applied. Total issue
$130,000,000
Issued
04,007, < 00
Reserved to retire St. Paul & N. P. and West. RR. bonds..
8*373,°°o
For ne w construction, betterments, equipment, etc., under
carefully guarded provision <, but not exceeding $1,500,000 per annum, originally $25,000,000— still held
21,500,000
General lien If. (Farmers' Loan & Trust Co., trustee)
$190,000,000
Of which reserved for prior lien bonds
130,000,000
Issued to carry out reorganization
56,000,000
For new construction, betterments, equipment, etc
4,000,000
The t>t. t'a-u & Duluth Division mortgage secures $20,000,000 purchase money bonds on the former St. Paul & Duluth, of which $9,21-),
000 were issued to acquire the road, $ ,283,000 are reserved to retire
existing St. P. & D. bonds and the balance for improvemeuts to the
property.—V. 70, p. 1250; V. 71, p 1167. The lands included in the
grant of the former St. Paul & Duluth are estimated to be worth
about *4 ,000,000, and were not covered by the old mortgages. They
are to be sold and proceeds applied to purchase of the bonds at not
over 105 and interest, or if not purchasable at that price, then to betterments, improvements or ad itions to the mortgaged premises or
equipment therefor. To July, 1901, $776,000 had been thus purchased
and cameled.- V. 71, p. llt>7; V. 72, p. 339.
Land Grant. -The land grant was 12,800 acres to the mile in the
IStates of Minnesota and Oregon and 25,600 acres per mile in the (then)
(intermediate territories. The acres on June 30, 1901, not yet sold w ere:
iMinnesota
236,779 Washington
5,077,341
li>ortb Dakota
4-1,012 Oregon
208,209
I
iMontana
13,041,' 46
Idaho
1,646,461
Total west of Mo. Riv.20,255,568
Land sales In year 1900-01 aggregated 2,757,443 acres; net amount
received from sales and land contracts, $1,620,582.
General Finances.— The fixed annual charges of the property as
phf n constituted were reduced $4,770,206 by the reorganization of
ib\ Annual interest charge June 30, 1901, including St. Paul &
list,
V. 73, p. 294; V. 73, p. 610.
A fund of $3,000,000 to
.
assure dividends on preferred stock till 1902
See V 67, p. 579, 588.
On Jan. 1, 1901, the voting trust was dissolved. See report of voting trustees, V. 71, p. 1013, 1016. Capital expenditure, see V. 73, p.610.
Earnings.— 2 mos.,
) 1901
Gross, $6,634,22'; net, $3,299,184
July 1 to Aug. 31.
Gross, 5,502,433; net. 2,613,103
S1900
Total net income for the 2 months, after deducting operating
charges, taxes, rentals and improvements, and adding other income
(exclusive of land sales), $2,555,932, against $2,050,656 in 1900.
Annual Report.— Report for 1900 01 in V 73, p. 610. See also
editorial, p. 586. First report of reorganized company, for ten months
ending June 30, 1897, in full in V. 65, p. 680. 8ee also p. 650.
Trs.e7idingJune30. 1900-1.
1899-0.
1898-9.
1897-8.
Aver, miles operat.
5,100
4,714
4,579
4,362
Passenger earnings. $7,247,000 $6,219,996 $5,050,356 $4,«53,799
Freight earnings.... 23,481,713 22,140,180 19,485.960 17,432,755
Mail, express, &c...
1, 832,270
1.661,142
1,512,358
1,393,164
Gros8earnlngs..$32,560.984"$30,021.318' $i 6,048,674 $23,b79,718
Net earnings
$15,920,840 $15,626,690 $13,699,222 $12,584,347
Taxes
$920,352
$850,590
$750,133
$682,800
Rentals, etc
...
134,690
112.852
61,520
Add'ns and imp'ts.. 2,011,285
3.000,000
2,176,619
8ii,709
Netoperat'gincome.$12,854,513 $11,663,247 $10,710,950 $11,089,838
was
set aside in 1898.
Misceilaneo's income
not incl.land sales.
743,787
685,521
1,001,607
887,190
Bal. for interest
$13,598,300 $12,3*8,768 $1 1 ,7 2,557 $11,977,034
e
1
Interest
$6.395.6«1 $. >,8«4,H50 $6,079,2"3 $6,079,160
Div. on pref stock.. (4)3,000,000 (4)3,000,000 (4)3,000,000
3,000,000
Div. on com. stock. ( 4)3,200,000 ( 3)2,400.000 (2)1 .600 QOQ
Bal., sur.for year $1,0 2,619 $1,083,819 $1,0337284 $2,897,874
Officers ( uly 1, 1901).— President, Charles S. Mellen, St. Paul,
Minn.; Vice-President, Dan. S. Lamont, New York; Sec, George H. Earl,
New York; Treas , C. A. Clark, St. Paul. New York office. 49 Wall St.
Directors.— E. E. Harriman, Willi*m Rockefeller. Charles Steele, Daniel S.
am>nt, James SMhman, Kbeo S. Thomas, H. McK. Twomblv, Oeo. F. Baker,
D. Willis James, J. S. Kennedy, Robert Bacon and Brayton' Iv^s, New York;
James J. Hill and Charles 8. Melien.St. Paul: Samuel Kea, Philadelphia.
(V. 73, p. 287. 294, 445, 610, 616, 663, 723)
.
I
—
Northern Pacific Terminal Company, of Oregon.— Owns
terminals on the Willamette River, Ore., at Portland, East Portland and
Albina, comprising lands 270 acres, trackage 32 miles, dock frontage
7,904 feet. Station at Portland, Ore., opened 1896.— V. 69, p. 230, 441.
Lease.—Leased for fifty years from Jan. 1, 1883, jointly and severally
to Northern Pacific, Oregon Ry. & Navigation and Oregon & California,
with guaranteed rental to pay interest, sinking fund and taxes; leases
assumed in 1899 by new Nor. Pac. and Or. RR. & Nav.— V. 69, p. 230.
Stock.— Stock ($3,000,000i owned by said three companies (40 p.o.)
oy Oregon Ry. & Nav. Co., 40 per cent by No. Pacifio and 20 per cent by
Oregon & Cal. RR.), and held by Central Trust Co. of New York, to be
delivered after payments to the sink. fund, which is to cancel the bonds.
Bonds.—The first mortgage is for $5,000,000; in 1901 $4,097,000 had been issued, of which *310,000 retired by sinking fund, drawings at 110 and interest.— (V. 72, p. 137; V. 73, p. 139, 237.)
Northwestern Coal Ry.— Allouez Bay, Wisconsin, to Allouez
Junction, Wis., 2-53 miles, with coal wharf covering about 80 acres of
land. V. 71, p. 698. Owned b.v the Pittsburg Coal Co.. which guarantees the bonds. See official statement, V. 71. p. 69 <. Capital stock,
$1,000,000. For year ending Dec. 31, 1899, gross, $34,048; net, $10,058; miscel. receipts (rents and dock earnings), $43,982; int. and
taxes, $43,357; balance, surplus for year, $10,633.— (V. 71, p. 698.)
Northwest.— See Chicago & North Western.
Northwestern R«. of South Carolina.— Wilson
Mill. S.
C,
via Sumter, to Camden, 67 miles, of which Sumter to Camden completed in 1900; branch, Millard to St. Paul, 4 miles; total, 71 miles.
Stock, $100,000. all issued. Lividend 6 ier cent, paid Dec, 1900.
Year ending June 30, 1900(41 miles), gross, $ 6.306; net,$35,685;
charges, $7,011; dividends, $6,000; bal., sur., $42,674.
Norwich
Worcester
Owns from Norwich, Conn., to
Worcester, Mass., 59 miles; branch, Norwich to Groton, 13 miles;
total, 72 miles. Also owns entire capital stock ($500,000) of the Norwich & New York Transp. Co., operating boat line to N. Y. City. Leased
to New England RR. for 99 years from Feb. 1, 1869, and accepted by
N. Y N H. & H. RR. since July L, 189 -t; rental is 8 per oent on preferred stock.— See V. 64, p. 664; V. 65, p. 726; V. 69, p. 1194; V. 70,
8tockin Jan., 1900, was increased from $2,769,200 to $3,000
p. 76.
000, and bonds from $9 5,000 to $1,200,000 to oovercost of Groton
Branch and improvements.— (V. 69, p. 1194; V. 70, p. 76, 125.)
Nypano
V. 63, p. sag; V. 67, p. 223.
&
RR.—
RR.—
106
INVESTORS'
SUPPLEMENT.
LVol.
LXXIU.
October,
1901.1
EAILKOAD STOCKS AND BONDS.
107
SUPPLEMENT.
LNVESTOKS'
108
[Vol. LXXIII.
Subscribers will confer a great favor by giving Immediate notice of any error discovered In these Tables.
Bonds— PrinciRAILROADS.
INTEREST OR DIVIDENDS.
Miles Date Size, or
pal, When Due
Amount Rate per When Where Payable,
of
of
Par
For explanation of colitmu headings, Ac, see notes
and by Stocks— Last
Road. Bonds Value. Outstanding Cent.
on first page of tables.
Payable
Whom.
Dividend.
Ogden Mine RR.- Stock (5 p.o.rent.Uen. of N.
Ohio J Ky.— 1st M if., s. f., call at 110.Ce
.
J.)...
o*
Ohio rf Little Kanawha
Ohio <£ Mississippi— See Balt. & Ohio Southwest.
Ohio Ricer- 1st mortgage ($2,000.000), gold.FP.C*
o*
Gen. M. (93,000,000), gold, 1st on 39 miles
Rav .Bp, a Glen. lei M.,$400,000,g.,gu„p.&i.FPc*
Huntluk.-t.Mi a BUS. istM. ($400,000), gold, gu.o*
Rlple v 4 Mill Creek 1st M ft. guar. p. A i.. end e\tr
Ohio dt West Virginia —See Hockino Valley Ry.
o*
Oid Colony— Stock, 7 p. c, guaranteed by rental.
o
Bonds for Fraininghain <fc Lowell bonds
i?y.— 1st M.. $250,000. gold
.
.
.
Bonds uot mortgage
Bonds, not mortgage
1,000
1,000
$450,000
250.000
250,000
169
209
33
1886
1887
1890
1,000
1,000
1,000
1,000
1,000
2,000,000
2,941,000
376,000
303,000
50,000
11
IS-.)
13
L888
r
xR — Receiver's ctfs.. $130,000....
Omaha
1896
1900
r
Bonds, not mort. (authorized $3,000,000), g...o*r
o&r
Bonds, uot mortgage
o
Boston Clin. F. AN. B. mort
Omaha. Bridge rf Terminal Ry.— IstM. ($5,000,000)
Omaha K. C. <t Eastern— St"C* ($1,500,000 auth.).
Receiver's certificates, $300,000
o*
i»t mortgage, gold
Second (income) mort., $15,000 per mile, gold..r
dt St. L.
1st mortgage, gold, subject to call at par.*;.. ..
Oregon <* Vol.— 1st M., g., dr'n at 100 gu. p.&l. Un.O*
<t Navigation— Common stock
Preferred stock, 4 per cent, non-cumulative
1st mortgage, gold, sinking fund, 100
Consol. mortgage, $24,500,000, gold
125
21
36
36
36
i45
667
Oregon RR.
Oregon Short Line RR. —
Common
$100
10
26
80
o
643
0* 1,063
2
100
18S4
1,000
1884
1,000
1SS8
1.C00
1894 l.OOO&o
1895 1,000 to
1880
1.00O
1893
1,000
100
1900
1896
1,000
1897 100 &o.
1900
1896
1887
1,000
100
100
1879
1,000
1896
1,000
100
stock, $27,460,100
Ogden .nine RR.—Owns Nolan's Point (Lake Hopatcong) to
Sparta (or Ogden Mine), N. J., 10 miles. Leased for 999 years from
Jan. 1, 1882, to Central RR. of M. J. for 5 p. c. per annum on oapital
stock and $500 yearly for organization expenses.
Ogdensburg 6c Lake Champlaln Ry.— See Rutland RR.
Ohio A. Kentucky Ry.— Owns from Lex. & East. Ry. at Jackson, Ky.. to cannel coal fields in Morgan Co.,Ky., 26 m. Operated »y
Lex A Bast Ry. since late in Oct., l9ol. Com. stock, $200,000; pref.
stock, $100,000; bouds as above, $250,0< 0; junior securities to be
taken by stockholders, $175,000. The bonds are guaranteed by the
Kentucky Block Caunel Coal Co., whose $400,000 1ft mortgage bonds
are deposited with te trustee as additional security. Pres.,W. de L.
Walbridge, 1 B'way, N. Y.; Sec. and rreas., M. Baxter Jr.
Ry.—Zanesville, O., to Marietta, 80
Ohio A Little
miles, including branches, 3 miles. Successor on March 1, 1900, of
the Zanesville a Ohio River Ry., sold in foreclosure Jan. 20, 1900, per
Stock, all outstanding, common, $1,000,000; preFilan V. 69, p. 907.
erred. #1,250.000. Ii year 1899-00. gross, $161,861; net, $31,841.
President, F. A. Durban; Sec, J. Hope Sutor.— (V. 70, p. 177, 280,480.)
Ohio River 6c Charleston Ry.— In operation from Johnson
City, Tenn., to Oaney River, N. C, 33 * miles; also graded from Johnson City, Tenn., to Gate City, Va., 40 miles, aud from (-linchport, Va.,
to Minneapolis, Va., 40 miles. Stock, $600,000; outstanding. #551,000;
par or shares, $100. No bonds. Year ending May 31, 1900, gross,
$19,512; def. under oper., $2,163; taxes, $1,545; total def., #3,708.
Pres Samuel Hunt; Sec. and Treas, John J. Collier.— (V. 71, p. 343.)
Kanawha
,
Ohio River RR.— Road.—Owns fromBenwood, West Va., to Huntington, West Va., 209 miles; trackage into Wheeling, 4 miles; leases
Huntingtsn & Big Sandy Railroad, fluntington to Kenova. West Va.,
11 miles; total in earnings, 224 miles; operates Ravenswood Spencer
& Glenville Ry., Ravenswood to Spencer, 33 m.: Ripley & Mill Creek
Valley, 13 miles; total. 270 miles. In July, 19"1, purchased by or in
the iLteret-t of the Bait .& Ohio RR. and operated from Aug. 1,1901,
as a part of the *. & O. system —V. 73, p. *-2.
Stock.— Authorized, $6,000,000; outstanding, $5,915,430; par, $100.
Financial.— Dec. 31, 1900, bills payable, $242,000, and in treasury
were $223,000 of bonds issued; equipment obligations, $95,097.
Earnings.— On 224 miles. > 1901. ..Gross, $536,936; net, $162,351
Gross, 516,514; net, 159,724
Jan. 1 to May 31 (5 nine.) $1900
Report.— Report for 1900 Is in V. 72, p. 985, showing on 224 miles
Int., etc.
Gross. Op. ex. <£ taxes.
Net.
Balance.
Tear Dec. 31:
:
1900
1899
$9*1,863
755,551
$1,4*3,018
1,192,596
$471,155
437,045
$2^0,099
298,332
$181,056
138.713
Ravenswood Spencer St Glenville gross for 1900, $59,127; deficit
under oper. charges, $14, 31. Ripley & Mill Creek Valley gross, 1900,
$40,599; sur. for year, $15,777.— (V. 72, p. 98 5; V. 73, p. 83,237,287.)
•
Ohio Southern RR.— See Detroit Southern Ry.
Old Colony RR. 'lam.,)- Owns road from Boston
(
to Province-
town, Mass., Newport, R. I., etc., 503 miles; leases, 108 miles.
Lease.— In 1893 leased to the New York New Haven & Hartford
for 99 years. About $5,500,000 of the stock, included in table above,
is held by the lessee. The lease provides for dividends of 7 p. o. per
annum on stock not "xehanged. V. 56, p. 247, 374. Stock authorized, $20,000,000.— (V. 70, p. 176.)
Omaha Bridge 6c Term. Ry.—8ee April, 1899,|StJP.; V.71, p.547Omaha Kansas City A Eastern RR.— Owns road, completed
In June, 1897, from Pattonsburg, Mo., to Trenton, Mo., 36 miles. On
Jan. 2, 1900, Chas. H. Chappell of Chicago was appointed receiver. In
Sept-, 901. an offer was made (by John W. Gates, lc was believed) for
the purchase of the first mortgage bonds of the Kans City & Northern
Connecting RR. with the view, it was supposed, of combining the
-aine after foreclosure with the Qutnoy Om. & K. C. and Om. K. C. &
Eastern railroads, thus forming a through line from Qulncy, 111, to
Mo., 260 miles. -V. 73, p. 662. On March 31, 1900, $300,it}
000 receiver's certificates bearing not over 5 per cent interest were
authorized; decision reserved July 2, 1900, on application to rescind
order. V. 70, p. 30, Car trusts June 30, 1*9 J, $104,414.
For year ending June 30, 1900, gross, $ 03,863; net. $132,087;
total deduction-, #109,361.— (V. 70, p. 39, 887; V. 71, p. 492.)
1
I
.
Omaha
6c St. Louis Kit.— Owns Council Bluffs. la to Pattonsburg, Mo.. 115 m. Operated since July 29, 1897, by Omaha, K. C.& East.
History, Etc.— Successor In June, 1890 (pet plan V. 62, p. 41, 1 177)
of the Omaha &. St. Louis Railway. On Jan. 2, 1900. Chas. H. Chappellof Chicago was appointed receiver. Id Aug., 1901, the Wabash
Kli. arranged to purchase the ro^d after foreclosure, the depositing
per cent In a Dew Wabash 3'j per oenl bond
V. 73, p. 339.— V. 70, p. 946; V. 70, p. 39,
certificates bearing not over 5 percent
Iij
Sold on Oct 12,1901.
interest were authorized. V. 70. ]>. 887,792.
-(V. 71, i>. 840, 913; V. 72, p. 989, 1081.)
- -Capital
stock, $2,592,000, represented by Guaranty
Bv.<
Trust Co. certificates (for Stoek in trust).
HM50S.— Year l899-'00 gross, $476,640; net, 813,205. In 1898-9,
Int. and taxes, $1 14,812; surtotal receipts, 8392,035; net, #110,801
plus, #1,989.- l\. 72, p. 9o7, 9^9, 1081; V. 73, p. 338, 392.)
i
(
;
5
7
J. Phila., 608 Chestnut St.
N. Y., 1 Broadwav.
J.
S. N. Y., Knick. Trust Co.
A.
4
4
4
4
5,100,000
1,912,000
1,000,000
1,428.000
51,000
816,000
612,000
130.000
J.
J.
g.
5
5
5
F.
&
&
&
&
&
&
J.
J.
J.
5
g.
N. Y., Central Tr. Co.
do
do
&
M.
&
5
July,»01,2ifi%
July
Mch.
June
do
do
Apr.
Aug.
New York or Phila.
July
Phila., E. W.Clark & Co. Aug.
Q.-J.
4%
498,000
750,000
4,000,000
3,000,000
Boston,
Office.
do
do
do
do
do
O.
Oct.
1,
1.
1926
1950
1,
1,
1,
1,
1,
1936
1937
1920
1922
1909
IV
1, '01,
1, 1904
1, 1904
1, 1938
1, 1924
1, 1925
1, 1910
1, 1943
Apr.
J.
July
J.
Jan.
A.
Feb.
D.
Deo.
J. Boston, N. E. Trust Co. Jan.
J. Prov. L. & T. Co., Phila. Feb.
S.
Oct. 1
Interest in default.
Sept.
payb. only if earn'd Oct.
Int.
1,
1,
1926
1926
5
4g.
5g.
2,376,0(»0
4%
J.
J.
in *01 J.
6
g.
4g-
27,460,100 mostly o
Ontario
&
&
&
5g. J. A D.
5g. A. & O.
eg. F. & A.
eg. J. <k J.
eg. F. & A.
16,608,900
19,792,000
24,000.000
11,000,000
28«,000
19,968,800
J.
5g. J.
5g. M.
J.
J.
&
&
&
&
&
J. Jan., 1900 coup, in def.
J. N. Y., South Paoitlo (Jo.
N. Y. Office, 120 B'way.
J.
do
do
J.
do
do
D.
July 1," 1901
July 1. 1927
July 2, -98, 1%
July 2, '01, 2%
July 1, 1909
New York & Germany. June
wnedby Union
1,
1946
Pacific
Rainy River RR.—V.
68, p. 1077; V, 69. p. 334.
southern Pac.) -Portland,
Ore., to California dtate line, 367 miles ; Albany June, to Lebanon, 12
miles; Portland to Corvallis, 97 miles; Woodburn to Natron, 93 miles;
Portland. Ore., to Airlee, ~>re.. and branch, 85 miles. Total,654 miles.
In June, 1901, branch under construction irom Springfield to Wendling, of which 13 miles were completed.— V. It, p. 1188.
Lease, Etc.— Leased to Southern Paciflo Co. for 34 years from August
1, 1893, the lessee guaranteeing interest on the bonds, and the lessor
receiving any net profit and being oharged with any deficit after payment of oharges. Betterments are payable by lessor. Southern Pacific
owns the bulk of its $19,000,000 stock, $12,000,000 of which Is 7 p. o.
pref. V. 72, p. 287
Due So. Pac. Co. June 30, 1900, $4,119,751.
Bonds.— Land grant was about 4,000,000 acres, part of which is
covered by the mortgage, proceeds of land sales going to redeem bonds
(su >Ject to call at par). The Southern Pacific guaranty of principal and Interest is printed on each of the 5 per cents.
In 1899-00 net
land sales subject to mort. were $211,736.- ^ee V. 63. p. 754.
Earnings.— Year ending June 30, I9t0, gross, $2,613,592; net, $683.185; interest, taxes, etc., $1,258,51 l.—(V. 63, p. 754; V. 70, p. 76; V.
72, p. 1081,1188.)
Oregon
6c
6c
RR.— (See Map
California
Oregon Improvement.— See Pacific Coast Co. (Miscell. Co's).
Oregon Railroad 6c Navigation.— (iSee Map Union Pac.) —East
Portland, Ore., to Huntington, Ore., 403 m. Umatilla, Ore., to Spokane, Wash., 245 m.; branches 487; leases 2 m.; total, 1,136 m., of
which 19 narrow gauge; river division water lines, 353 miles. Ocean
line to San Francisco, 660 miles. V. 63, p. 969; V. 71, p. 391. 603. In
May, 1901. extension from Portland to St. Johns and other extensions
were proposed. In Jan. 1901, a new steamship line was established
from Portland, Ore., to the Orient.—V. 72, p. 184.
Organization.— Organized in July, 1896, per plan in V. 61, p. 325and V. 62, p. 41, as successor of the Oregon Ry. & Navigation Co. sold
in foreclosure. Controlled by Union Pacific Ry., directly and through
ownership of the Or. Sh. Line, which owns $16,281,400 of the common
stock.— V. 69, p. 181.
Stock.— In October, 1899, the U. P. issued its common stock to
retire, $ for $, the $7,718,600 Or. RR. & Nav common stoo- not
owned by the Short Line Co. and its preferred stock to retire the $11,000,000 Or. RR. & Nav. pref. stock V. 69, p. 492, 597. In June, 1901,.
$7,G63,"->00 common and $9,876,200 preferred stock had been acquired by the U. P.— V. 70, p. 177.
Dividends.—On preferred: 1897, 2 p. c; in 1898, 4 p. c; in 1899, 4 p.
o.; in 190 J, 4 p. c; in 1901, 4 p. c. On common paid l%July 2, 1898.
Bonds.— The consolidated mortgage of 1896 (abstract V. 63, p.
928; trustee. New York Security <fe Trust Co.) covers all the property.
Of the $24,500,000 authorized, $575,200 in 1900 were reserved for retirement through sinking fund or otherwise of $409,000 firsts of 1879,
$1,106,000 for betterments, etc., and $2,830,000 for the construction
of additional road at the rate of not more than $20,000 per mile of
constructed road. First mortgage has a sinking fund to buy bonds at or
below 110, or else draw them at par on January 1.— V. 69. p. 1301.
Latest Earnings, 2 mos., < 1900 ....Gross, $1,31 8,8i»; net, $532,429
\l 899.... Gross, 1,204,431; net. 571,447
July 1 to Aug. 31.
Report.— Report for 1899-1900 in V. 71, p. 960.
Tear end. June 30—
1900.
1899.
1898.
Raillines
$6,683,115
$6,258,282
$5,992,471
;
—
Water
839,277
747,697
Gross earnings
Net earnings over taxes
Other income
$7,522,392
$3,522,003
158,245
$7,005,979
$3,14«,790
6b,115
Total net income
Fixed charges
$3,680,248
$1,069,308
440,000
$3,214,905
$1,094,997
440,000
lines
Dividends(4%)on pref. stock
902,922
$6,895,393
Comparison
changed in
1900.-See
V. 71, p.
960.
Balance, surplus for year.. $2,170,940
$1,679,908
-(V. 71, p. 233, 391, 960 V. 72, p. 45, 184.)
Oregon Short Line It It .— (tire Map Un. Pac .)— Granger, Wyo., to
Huntington, Ore., 542 m.; branch to Ketchum, Idaho, 70 m.; Ogden to
MoCammon, Idaho, 111 miles; Pocatello to Silver Bow, Montana, 256
miles Lehi Junction to Tlntio, Utah, 54 miles; Ogden, Utah, to Frisco,
275 miles; sundry branctees, 122 miles, including 6 mil s leased (or
which 40 miles narrow gauge); Silver Bow to Butte, Mont., trackage,
8 m.; Butte to Garrison, Mont., 57 m., owned, but operated by Northern Pacific; total, 1,495 miles.
In Apr 1901, purchased the Utah & Pacific Ry., forming a 76 mile
extension, from Milford southwest to the boundary line of Utah at
Uvada, and will extend the branch 440 miles to a point on the South
era Pacific between Beaumont and Banning, Cal., forming a direct line
between Salt Lake and Los Angeles, the Utah Nevada <s California RR.
with #"),000,000 stock, being incorporated to build the extension.
V. 72, p 1136. In Oct., 1901, 41 miles from Uvada to Calientes was
lnopenition.
The Utah & Pacific had outstanding $672,000 5 per
cent bonds, due 1919, int. F.-A. at Old Colony Trust Co., Boston,
trustee.— V. 67, p. 484, 733; V. 72. p 723. Branch Blackfoot, Idaho,
to Mack ay, opened Oct. 1, 1901. Decision as to right of way, V. 73,
;
;
,
p. 237.
—
J
October,
1
KAILROAD STOCKS AND BONDS.
901.
109
Subscribers will confer a great favor by giving Immediate notice of any error discovered In these Tables.
Bonds— Prinol
INTEREST OR DIVIDENDS.
RAILROADS.
Miles
|
Date
Size, or
Amount
of
of
Par
For explanation of oolumn headings, &c, see notes
Road. Bonds Value.
on first page of tables.
Oregon Short Line RR.—( Concluded)—
Or. 8b. L. 1st M., p. & L, gold— see V.63, p.602...o*
o*
Utah ANorth'n 1st mort., $12,000 per mile
—
not dr'n.g.o*
600
477
477
Consol. M.. gu., $15,000 p. m., s.
Consol. 1st M., $36,500,000, g.(lstM. on 400m). o* 1,479
f.
Non-cumulative Income bonds
Series A, 5 per cents, $7,185,000
Series B, $15,000.000
Osvego if St/racuse- Stock, 9 p. c. guar., D. L.
Consolidated mortgage (guar. D. L. & W.)
& W.
Construction M., guar.prin. &lnt.(for $1,000,000)
Owensboro dt Nashville—1st mortgage, gold. .Ce.o*
Panama— Stock
1st M. ,$4,000,000, s.f.,g,red. at 105(text)...Ce.o*
8ubsidy bonds., g., drawn at 100. 8eeV.64,p.705.o*
Paterson dt Hud.Riv.—8ik.,8 p.c. rent. N. Y.L.E.&W.
Paterson dt Ratnapo Stock (rental guarantee)
Pecos Valley dt Northeastern—1st mortgage, g.Ce.c*
Pemigexcasset Valley RR.— Stock (rental guarantee)
Pennsylvania RR.— Stock, $251.700,000. Tr
General mort. bonds, $1,000 and A200 eaoh..cfer
r
Currenoy registered bonds
Currency coupon bonds
o
bonds
c
Sterling
r
Gold registered bonds
o
Gold coupon bonds
Gold sink, fund, 1 p. c, not drawn.. c*
Sterling (s. f. in 1900) not drawn. c*&r
JT876.000 additional 4^8 authorized for payme
.
—
'
x On coupon bonds
J.
&
1897 500 Ac
1897 500 Ac.
50
1876
1,000
1883
1,000
1881
1,000
100
1897
1,000
1880
1,000
50
i
.
:
,
,
919
Report for 1899-00 in V. 71. p. 961.
1900.
Year ended June 30—
Gross earnings.
$8,578,398
Net earnings over exp. and taxes
4,473.464
Other Income
282,148
Totalnet
$4,755,611
Interest and sinking fund
$1,963,883
Paid Sept 1 on "A" incomes.... (5) 359,250
Paid Oct. on " B " incomes
4) 593.640
(
1899.
1898.
$7,577,108
3,778,280 fl * <d
437.649 §"";gp.
"h
$4,215.9*8 | e h
$1,963,883 fta's^a
8*2^(5) 359,250
5^3,640 g-gS 5*
( 4)
$1,299,155
I
RR.—
6t
Nashville
Ry.— Owns
from Owensboro, Ky.,to
Adairvllle, Ky., 84 miles; Mud River Branch, 4 miles. Operated by
Louisville & Nashville Railroad, which owns the $1,156,518 stock (par
$100) and $1,200,000 of the first mortgage bonds— all these bonds and
most of the stock being pledged under its trust deeds.
Panama RR.—Colon
to Panama and La Boca, 50 miles. The
Co. owns a controlling interest in capital stock.
In December, 1900, the agreement with Pacific Mail 8. 8. expired by
limication in 19oO, and the railroad company began operating steamships between Panama and 8an Francisco and New York, and also
made other arrangements for carrying passengers and freight between
Mexico, Cent, and South Amer. ports.— V. 71, p. 1270; V. 72, p. 773.
Dividends.- $'85 '86-7 '88 '89 '90 '91 '92 '93 '94 to '00 1901
Since 84 p. ct.
nil.
23 9
5
5
2
2
None Mar., 2
B'Nds.—The new mortgage of 1897 is for $4,000,000; sn king fund
is $150,000 yearly and bonds may be drawn for s. f. at 105; the entire
issue may be called for payment on and after April 1. 1903, at 105.—
V. 6o. p. 516. In Jan., 1901, $902,000 bonds were in the treasury.
See also description in V. 66, p. 1043.
Trie subsidy bonds are secured by an assignment and pledge
made by the U. S. of Colombia to the trustees of $225,000 annually, of
the annual subsidy or rental tothat extent payable to said government
by the company, and are drawn and paid off on November 1 yearly with
any surplus of the subsidy not needed for interest; $226,000 bonds
now in treasury. See statement as to subsidy bonds in V. 64, p. 705.
Annual Report.—The report for 1900 in V. 72, p. 773, showed
ar
NetRR.
Set of
Surplus,
.
^? o, g ross ^«.
to Dm.ZI. Earnings. Earnings. Steamships. Charges.
Inch Other Inc.
Panama Canal
UO
.
:
U
1900
1899
$1,270,996 $708,9
$137,886 $802ri91
$446,769
1.098,966
611,225
182 639
832 239
295 234
18
I'l 06 460
618,719
119,111
874,624
266!746
The charges above in 1900 include Lighterage, $144,727; subsidy
S^'FS?^ * 2 °.0°0; interest on bonds, $164,846; redemption of bonds,
$286,080, etc.-(V. 72, p. 533, 773; V. 73, p. 495, 554, 616.)
^?"V
-
:
Payable
6g.
&
&
&
A
F.
7
J.
J.
5
g.
J.
A.
Whom.
N Y
J.
J.
J.
Dividend.
120 Broadway,
do
do
do
do
do
do
,
o. in Sept. '00 N.Y & Bost.,when earn.
do
do
4 in 1900
Oct.
F.-A..20 N. Y., Del. L. & W. RR,
9
M. & S.
do
do
7
M. & N.
5
do
do
6g. M. & N. N Y., 120 Broadway.
5 p.
4^
g.
f*
8
A.
M.
J.
J.
J.
N.Y.,24 8tateSt.
&
&
&
&
&
&
O.
N.
J.
J.
J.
do
do
do
do
N. Y., 44 Exchange
N. Y., 44 Exchange
g.
6
F.
July
July
l,
1,
1,
1,
1922
1908
1926
1946
July 1, 1946
July 1. 1946
Aug. 20, 1901
Moh. 1. 1907
May, 1923
Nov. 1, 1931
Mar. 25,'01, 2
Oct. 1, 1917
Nov. 1, 1910
PI. July,
Pi. July,
N. Y., Central Trust Co.
A. Tre'8.off.,Concord,N.H.
6in 1900 M.&N^/ Philadelphia, Office.
6
See x Phila. Office & London.
Q.-M. ij Philadelphia, Office.
6
5
Feb.
July
1901,4%
1901,4%
Jan. 1, 1948
Aug., 1901, 3%
May31,'01,2i«
July 1, 1910
June 15, 1905
J.&D. is
do
do
June 15, 1905
6
J. & J. Phila. office and London July 1, 1905
6
Philadelphia, Office.
5
Sept. 1, 1919
efe
».
do
do
5 g.
Sept. 1, 1919
4 _ M. & N. N. Y., Farm's L. & T. Co. May 1, 1943
3*2g. J. & J. N.Y., Far.L.& T. & Lon. July 1, 1945
nt of con structio n of La Boca terminal.
.
Parral dt Durango RR.— V. 71, p. 1270.
Paterson &, Hudson River.— Owns from Marion,
Jersey City,
N. J. (south of Bergen Junction), to Paterson, S. J., 14 miles, double
track. Leased in perpetuity, at $48,400 per year for road, $5,000 for
land in Jersey City and taxes, to Erie RR., forming part of main line.
Paterson
Owns from Paterson, N. J., to New
York State Line, 14 miles, double track, part of main line of Erie RR.,
to which leased Sept., 1852, during legal existence, at $26,500.
& Ramapo RR.—
&
Northeastern Ry.—Road.— Owns from PePecos Valley
cos City, Texas, to Amarillo, Texas, 372 miles, of which Roswell to
Amarillo, 208 miles, was completed Jan.. 1899. In Dec, 1900, the
Atchison Topeka A Santa Fe acquired over two thirds of the bonds
and 97 per cent of the stocks, but the road will be operated independently for the present.— V. 72, p. 88, 137.
Successor oompany to the Pecos Valley Ry. Co. sold in foreclosure
April 19, 1898, and reorganized as per plan (V. 66, p. 438). New
company took possession May 1, 1898. The authorized capitalization
is $3,162,000 of ttrst mortgage bonds and the same amount each of
6 p. c. non-cumulative pref. and common stock. Stock is all issued.
The bonds cover the entire line from Pecos to Amarillo, 372 miles,
and equipment; they are authorized at $8,500 a mile, of which
$1,000 a mile is held by trustee for future requirements.
Report.— Report for the year ending June 30, 1900, was in V. 71,
p. 339. showing: Gross. $446,6 8; net earnings. $129,648;
fixed
charges, including taxes, $lo0,050; deficit, $30,402. See above.—
V. 71, p. 33a, 964, 1311 ; V. 72, p. 88, 137.
Pemlgewasset Valley
23 miles.
)
Balance, surplus
$l,83rt,838
Financial Office, 120 Broadway, N. Y. City.— (V. 73. p. 237.)
Oswego Ac Syracuse
Owns from Oswego, N. Y., to Syracuse,
N Y., 35 miles. Leased in 1869 during length of charter and renewal
thereof to the Delaware Lackawanna & Western Railroad Company for
9 per oent per year on $1,320,400 stock and interest on bonds.
Otis Hy. -Otis Jet. to Otis 8ummit, ST. Y., 1*35 miles. Successor
June 23, 1899, to Otis Elevating Ry., foreclosed. V 69, p. 81. Bonds,
$71,000 first mort. 40 yr. 5s, dated July 15, 1899, all outstanding.
Year ending June 30. 1900, gross, t7,948; net, $3,824; int. and taxes,
$3,751; bal., but.. $73.
Pres., Chas. L, Rickerson, N.Y; See. and
Treas., ( has. A. Beach, Catekill N. Y.— (V. 69, p. 81.)
Owensboro
When
Cent.
&O
In Sept., 1900. the Wyoming & Western RR., incorporated by officers
>regon Short Line, ha under construction a line from Kernmerer, Wyo 40 miles, to Happy Hollow, on U. P., of which 19 eomp\eted in Jan., 1901.— V. 71, p. 864; V.72,p. 627.
History.— Successor March 16, 1897, of the Oregon Short Line &
Utah Northern Ry., foreclosed per plan in V. 62, p. 504. 505. Controlled by Union Pacirio which holds nearly the entire capital stock
and the greater part of the Income A and B bonds.
Capital Stock.— Authorized $27,460,100, of which new Union Pacific
Ry.Co has acquired »27.334,700— V. 68,p.l88,381,474.
Bonds.— Of the $36,500,000 new first consols, $22,029,000 are reserved to retire at maturity the loans not disturbed, the remaining
$2,14'<,000 being in the treasury.
Series A, Incomes, non cumulative 5 per cent*, have received In
Sept., 1897, 4 p. c; Sept. yearly since, the full 5 per cent, at Guaranty
Trust Co., N.Y. or Old Colony Trust. Boston.— V. 6 -, p. 492.
The O. R. & N. stock is placed in trust as special security for
the Series B incomes, but dividends thereon are to go to the Short Line
company except as needed to pay to Series B their full interest. In
Oct., 1898, 3 per cent and in Oit., 1899, and 1900 4 per cent was paid
on the 8eries B incomes V. 65, p. 572; V. 66, p. 1141.
In Oct 1899, the U. P. issued its preferred stock to retire, dollar for aoilar. the series " B " bonds and also its treasury 4s for the
"A" bonds. In Oct 1901. $6,549,000 of the $7,185,000 Income "A"
bonds and $14,501,000 "B" had been acquired —V. 70, p. 176.
General Finances.— Owns $16,281,400 common and $976,900 preferred stock of the Oregon RR. <fe Navigation Co.
Latest Earnings —For 10 mos. ending Apr. 30, 1901, net, $4,052,219; other income, $139,340; fixed charges, $1,632,565; int. on A
bonds for 10 mos., $299,37a; on B bonds, $494,700; bal., sur.,$l,764,of the
Rate per
1882 $1,000 $14,931,000
1878
1,000
4,993,000
18SG
1,000
1,802,000
1897 500 &o. 12,328,000
7,185,000
14,841,000
35
1,320,400
35
438,000
35
668,000
88
2,000,000
48
7,000.000
*1,616,000
48
1,202,000
"l4
630,000
298,000
"iobo
372 1898
2,916,000
100
541.500
50 202,200,800
568 1867 $ or £
19,997,820
568 1875
1,000
1,961,000
568 1875
1,000
2,757,000
568 1873-4 *200 22.762,020
568 1879
1,000
3,498,000
568 1879
1,000
1,500.000
568 1893
1,000
2,911,000
£200
568 1895
4,850,000
nts in 1902, or earll jer, on accou
on registered bon ds A.
J.:
Outstanding
•
pal.When Dae.
Where Payable, and by Stocks— Last
RR.—Plymouth, N. H., to Lincoln, N.H.,
Leased to Concord
& Montreal for 6 p. c. on stock.
Pennsylvania RR.-fSee Map).— The system, as shown on the adoining map, extends from New York City, westerly, via Philadelphia
to Pittsburg, Erie, Cleveland, Toledo, Chicago and Burlington on the
north, and to Washington, Cincinnati, Louisville and St. Louis on the
south. The total system on Jan. 1, 1901, aggregated 10,444 miles, of
which 3,733 miles represent the mileage operated dire< tly under the
caption "the lines east of Pittsburg and Erie" and 2,964 miles the
mileage operated directly under the caption "the lines west of Pittsburg and Erie," the latter being more fully described under the title
Pennsylvania Oompany and Pittsburg Cincinnati Chicago & St. Louis.
The balance of the system is operated independently.
Mile*.
East of Pitisburg
Erie.
10
Main Line and Branches—
Miles. Delaware River RR. & BridgeT....
Philadelphia* Erie RR.T
302
Philadelphia to Columbia, Pa
81
617
Harrisburg, Pa., to Pittsburg, Pa. 248 Other lines
Branches and spurs
210
Total In Penn. RR. statlstics,3,71
;
Total main line and branches... 639 Trackage
84
Reported Separately—
Lines operated by lease—
Phil. Wilm. & BaltimoreT
670
Har. Ports. Mt. Joy & Lan. RR.T
Northern Central Ry.T
391
Dillersville toHarrisb., Pa.,etc.
63 West Jersey
330
Tyrone & Clearfield hy
134 Cumberland A Seashore RR.T.
Valley RR.T
163
Western Pennsylvania RR.T
140 LonglstandT
891
United New Jersey RR.t
Bait. & Delaware Bay RR
46
Trenton to Jersey ( 'ity, etc
145 Halt.
Clies. A Atlantic Ry
88
Philadelphia & Trenton RR.T
*7
Schuylkill & Juniata RR.T
Grand total east of P. & E
289
.5,789
Allegheny Valley Ry.T
273
West of Pittsburg <fc Erie.
West. New York & PennT
648
(T See each Co.)
Miles.
Connecting RailwayT
7
Reported Directly
Other lines
102 Pitts. Cin. Chicago & St. LouisT...
1,601
Lines operated under contractPennsylvania Compan, linesT
1,868
Bald Eagle Valley RR.T
92
Total reported directly
Cambria & Cleardehl RR.T
102
Reported Sepa rately - 2,9«4
Southwest Pennsylvania Ry.T.... 115
Pittsburg Va. & Charleston Ry.T.
77 Grand Rapids & Indiana linesT...
582
Belvidere Delaware RR.T
699
81 Terre Haute & Indianapolis! ...
Other lines (see Pa. Co.statement) 1,510
Phila. Germ. & Chest. Hill rtR.T..
14
Philadelphia & Long Branch RR.
49
Total system Jan. 1, 1901
10444
Organization, Leases,
The charter of the Pennsylvania Railroad was dated April 13,1846. The Pennsylvania Company controls
all the lines west of Pittsburg and Erie, the Pennsylvania
RR Co
holding all its stock. In 1900-1 the Penn. RR. purchased a lar^'e
interest in the stock of Baltimore & Ohio RR., Chesapeake & Ohio Rv
and Norfolk & Western Ry. V. 70, p. 7tf, 231, *87; V 72 p 481*
In 19(0 acquired most of the $20,000,000 Western N Y
581.
&
Penn. Ry. stock at $9 per $50 share and also the $10,000,000 income
8
bonds at $300 per $1,000 bond.— V. 72, p. 4M1.
The Western .New York & Pennsylvania Ry. and the Allegheny Valley Ry. were taken over under lease August 1, 1900, adding
about 829 miles to the system proper. (V. 72, p. 491.) In May 1900
purchased a majority of the Long Island RR. stock. V. 72 p 48l'
See General Finances below.— V. 70, p. 1248; V. 70, p. 842, 1095.
Securities Owned.—The total cost of these to January 1, 1901 wa9
$164, 965,438, manyof which are pledged to secure Pennsylvania is'suop
Revenue derived from these securities in 1900, $5,781,297.
Capital Stock.— Stock authorized, $251,700,000; the amount out
standing has been increased from time to time, chiefly by sale
at
nar to stockholders for new acquisitions, etc See Gen. Finances below
The acquisition of the entire minority stock of the Philadelphia Wil"
mington & Baltimore RR., proposed in Oct., 1 901, with a view to consolidation with Baltimore <te Potomac RR., would require the issue or
not over $1,392,600 additional stock to that would In table above
"•
V. 73, p. 723.
&
. . .
&c—
'
—
.
INVESTORS' SUPPLEMENT.
110
RAILROADS.
Miles Date
see notes
of
of
'
explanation of ooluinu headings,
on
first
Ac
RR. -(Con.)— -*onds(P.W.AB. stk.
Navy Yard M. 5s. (extended SO years in
Collateral trust loan, gold, not
!
Size, or
Par
Road. Bonds Value.
page of tables.
1881 $1,000
1901
5,000
ISS3
1,000
1SS9
1,000
1892
1,000
1S9S
1899
1,000
1899
l.OOO
1900
1,000
1900
1889
5,000
1892
1.000
1893
1,000
asool.)r
1901). r
J-N-wh.
drawn
—
o"
o'
Squlp. Tt. gold bonds (s. f. 5 p.c.) not drawn
.?enn. Rolling Stock Trust (1-10 payable yearly).
"
(1-10 > early)
do
do
do
do
do
Pen n Car Trust
do
do
do
Penn. Equipment Trust, $5.000,000
r
Del. Ave. Market 1st mortgage
r
Delaware Ave. Bloodgood property
Penn. RR. real estate purchase money gold M.o*&r
Fcntisyl rania Company—Stock
Bonds, cold. see. by pl'ite A guar, by Pa. RR.c**r
Goar. tr.ctfs.,$20,000,000g. gu.Pa.RR.,ser.Ao-*r
do
do
ser. B o**r
do
.
50
1881
1897
1901
1,000
1,000
1,000
•Car trusts (June, 1901)
JE*nn*ylcania <t North Western -Stock, $2,500,000
o*
Bell's Gap Extension 1st mortgage
Consol. mort. (for $550,000) s. fund not dr'n.o'
o*
Clearfield A Jefferson 1st mortgage
o*
General mortsage for $2,500,000
Car trusts, $37,000 due March, yearly
Pentacotait Atlantic-See Louisville & Atlantic
Peoria <t Bureau Vol.—Stk., 8 p. o. renfl C. R.l.AP
Peoria <t Eastern— Ind. Bloom. A W. 1st M.,pf .CecAr
Ohio Indiana A West. lstM.,pref.,g.,lnt. gu.CeC
A
E. oonsol. M., $10,000,000, int. guar.Ce.c*
consol. mort., income, non-cumulatfve..Ce..c
c
Peoria A Pekin Union— 1st mortgage, gold
P.
2d
2d mortgage, gold
c
50
75
30
30
47
75
1880
1,000
1883 500 &o.
1886 500 Ac.
1890
1,000
47
202
342
342
342
20
20
1879 100 Ac.
1888 500 Ac.
1S90
1,000
1890
1,000
1881
1,000
18S1
1,000
100
Pennsylvania RR. Co.— Concluded.
*83 '84 '85 '86 '87 '88 '89 '90 '91 '92 '93 to May, '00 Since,
Below.
5 yearly
percent. IS** 7 5 5 5*g 5 5 5»a 6 6
In 1893 paid also 2 per cent in scrip. In Nov.. 1900, 2*« p. o. and 1
V. 72, p. 873.
». c. extra was p ,iid; in May, 1901, 2** p.
Bonds.— Consolidated mort. of 1873 for $100,000,000 secures all the
•onsols equally, though issued at different dates; of the amount author
lsed, a sufficient amount is reserved to retire the general mortgage of
1867. It covers all the property and franchises of the company,
eluding its main line from Philadelphia to Pittsburg, and branches,
feeing a total of 517 nriles, partly four-tracked, together with real
aetate and equipment. It is also a tirst lien on the company's leasehold
nterest in other railroad lines and canals, as well as on shares and
bonds of other companies of an estimated cash value of over $50,000,OOO. Sinking fund for oonsols Jan. 1, 1901, held—Consols canceled,
•1,800 980; other securities and cash $5,150,564.
Tbe 4 per cent loan o/1881 is secured by Phila. Wi'm. A Bait, stock.
Dtvs.
5
C—
Mortgages and ground rents payable Jan. 1, 1901, $5,066,696.
Guar anteed Bonds.— See Supplement of April, 1899.
General Finances.— To pay for the stock of the Long Island and
ather railroads acquired, the company in May, 1900, borrowed $20,•$50,000 at 4 per cent for one year, with privilege of renewal, which
amount is si pi osed to have been increased since Jan. 1, 1901, for
pn< chase of Bait. A Ohio and other stocks.— V. 70, p 946.
On Merch 12, 1901. the stockholders voted to increase the stock by
to $251,700,000. $50,(00,800 of the new stock being
•ubscribed for by stockholders at $60 per $50 share, raising the
/>nnt ou'stand'nsr to $202,200,800. The new stock will be entitled
*o dividends beginning Nov. 1,1901. The proceeds were used to pay
•IT the collateral investment obligations of the company for obstruction and equipment expenditures on the main and leased lines and
branches and tor other corporate purposes.— V. 72, p. 392, 533, 627,
$100 000,000
W
1238 1280.
In June 1901, the company
for itself and controlled and affiliated
ft
xoarts. together with the Reading Co., obtained control of the Pennsylvania and Cambria Steel companies, thus Insuring the ability of the
•ysteni to purchase rails and other steel and iron materials at a satisfactory rate -V. 72, p. 1280.
Latest Earnings.— Jan. 1 to Aug. 81, (8 months) directly operated:
Gross, $60,840,667; net, $20,830,296
Ones east of Pitts- > 1901
Gross, 55,013.367; net, 17,290,196
burg&Erie.
J 1900
Lines west of P. A E., inc. or dec. Gross, -+2,647,000; net, +1,675,700
Annual Report.— Fiscal year ends Dec. 31. Annual meeting Is held
at Philadelphia on second Tuesday In March. The report for 1900 was
.given at length in V. 72, p. 478, 489 see also editoilal p. 460
;
REPORT OF PENNSYLVANIA RAILROAD COMPANY.
1899.
1900.
Wear ending Dec. 31-
1898
-
3,650
$88,539,8?8
•Gro-s earnings
$30,440,622
ITet earrings
5,781,297
Int. on Pa. RR. investments
245.188
Int. on United N. J. securities
390,732
Int. for use of equipment
Interest, general account
73.928
Miscellaneous
$36,931,->66
Total net Income
$12,224,520
©ednct— Kentals
4,267.539
Interest on funded debt
172,503
Interest on stock allotment.
149,367
Int. on morts. A gfd rents...
939,901
Interest on car trusts
566.779
Interest, general acco-mt. ..
136,400
lBqulptrustloan Bink. fund..
1,197,227
titate taxes and mlscellan ...
$19,054,236
•Cetal
17.277,530
Balance
$103,341
Payments— To trust fund
402,690
Consol. mortgage redeemed....
6.540,7 85
Mxtraordlnary expenses
"Mllee operated
«7,O40310
Balance
to credit of
Income .$10,230,714
Dividends
Extra Betterment Fund
credit of profit and loss
BaLprotlt and loss Dec. 31
(6)8,781,171
1.449 ,5 it
To
2,781
$72,922,985
$22,578,351
4,739,506
253,884
384,034
87,539
64.320
#28.107,635 $26,.i60.367
$9,325,433
$10,314,118
4,263,459
4,265,505
133,604
437,828
131,558
640,387
136.400
136,400
1.125. 864
*ltt,613.»33
1. 044.575
$11,493,802
&91.438
354,480
1.9 95. =.59
$15,341,299
$11,219,068
$92,000
354,780
1
.004.197
*2,44i,477
$9,052,325
$9,108,090
(5)6,465.266
(5)6,465.236
1.5f 0.000
$1,800.000
$842,854
$22,445,998
181,087,059
$22,485,305
2,755
$65,603,738
$21,093,722
4,636,057
225.631
340,3*3
105,666
158,95 8
$22,380,734
§2,1 10.977
13ABHIN08 ON ALL LINE* BOTH EAST AND WEST OF PITTSBURG AND ERIE.
1900.
1898.
1899.
Fear ending Dec. 31$172,924,739 $152,220,106 $136,130,272
Orees earnings
Wet^amings:
V
.
64.075,557
45,672,655
41.459,415
1st V. P.,
P. Green, 2d
OmCKM- President, A. J. Cassatt;M. Prevost; John V. P., Samuel
4th
Pugh; 3d V. P., 8.
P., Charles E.
Nelison; Treas., Robert W. Smith. N. Y. headCedar St. (V. 72, p.1238. 1280; V. 73, p 83,185,663,723).
flTtr—
Chrertr'O-Al'xanrier M. Wo%, V. Parker Bbortrtdae, William L. K'kins. Alex
uvder 4 <"a*«a*t. C envent A. <ir\*<ynm. Amoi R. Little, William H. Humes, (ieo.
Wcrfl
«mart Pattern n, KfllnKham It M-.rns, Tlionius OeWht Curler, Jag.
MoO'-a. Lino in <;o<lfrer, J'.rn. P. Green, IikM.;. B P-sgh Bother) in* m. Pre--"->»t, samuei Re«.
S*a: Secretary, Lewis
.""
• *.
'
LXXUI.
[."ol.
Bonds— PrinciINTEREST OR DIVIDENDS.
pal, When Due.
Outstanding*"*^ When Where Payable, and by Stocks— Last
Amount
Whom.
Payable
$7,702,000
1.000,000
9,900.000
2.728,000
8<»0,000
2.400,000
2,400.000
1.72O.0C0
0,300,000
4
Phila., Co.'s office.
Phila.,Provld tL.AT.Co.
Phila., Gir'd Life Ac Co,
Phila., Gir'd Life Ac. Co.
g.
no
do
do
do
3*9g.
3i«g.
3»a g.
3^2 g.
300,000
43,
200.000
4*10
2,000.000
4 g.
21,000.000
19.467,000
4»flg.
3l2g.
4.950,000
3»«g
10,000,000
1,907,018 Various
2,250,000 4 in 1901
81,000
6
145,000
6
1.000,000
6
1,021,000
5
5
61,000
!
4
4
6g.
June
,
4»sg.
1,500,000
981,500
500,000
8,500,000
4,000,000
1,495,000
1,499,000
July
Jan.
Phila.,Pa.Co.forIns.Ao.
3>*
4
4
Dividend.
A 8.
A 8,
A N
J. A J.
M. A S.
F. A A.
Various
J. A J.
P. A A.
A. A O.
J. A J.
J. A J.
M. A S.
F. A A.
A. A O.
Q.-J.
A. A O.
M.
M.
M.
do
do
do
do
Sept.
Nov., 1902-*09
Feb., 1902 10
Feb., 1902-10
Mch.
1909
1912
1. 1928
Junel,'9«,4%
July 1, 1921
N.Y..UnionTr.APhila. Sept. 1. 1937
N. Y., Am. Ex. Nat. Bk. Feb. 1, 1941
A
1,
Sept. 1,
May
Phila., Gu. Tr. Co., eto Various dates.
Phila., Gu.Tr.
8. D.Co. July 10, "01, 2
Phila., 26 So. 15th 8t.
Aug. l, 1905
Phila., Gu.Tr. A 8. D. Co. Apr. 1, 1913
A
do
do
do
do
do
do
N.Y. .Ch.R.I.
N. Y., J.P.
Jan. 1, 1927
Jan. 1, 1930
Mch.,'02 A '03
A Pac. RR.
Aug., 1901, 4%
Morgan A Co. Apr.
do
do
do
do
N. Y., when earned.
Y., Central Trust Co.
do
N.
1,
1,
1,
1,
1,
1,
Apr.
Apr.
Apr.
Q.-F. N.
4*fig.
1921
1921
1913
1914
1 902
1901 to 1908
Philadelphia.
Philadelphia.
N. Y., Farmers* L. A Tr.
Pittsburg, Co.'s Office.
N. Y., Nat'l City Bank.
April 1
M.
1,
1,
1,
1,
Feb.
Feb.
do
1940
1938
1940
1990
1921
1921
Pennsylvania Company.— ( See Slap Pennsylvania RR.)—Owns
no road in fee but has charge of all the system of the Pennsylvania
Railroad Co. west of Pittsburg, viz." (17 See this company).
Leased by transfer from Pa. RR.:
Controlled by stock, etc.:
Miles.
Al tics
Calumet River
4-43
Pittsb. Ft. W. & Chicago.. 17469-89 Pitts. Cin. Chic. A St. L. 17 J, 347 89
14-98 Cln. & Muskingum Val... 1)148-45
New Castle A Beaver Val. U
.
12-23
Massillon A Cleveland
1784-47
Erie A Pittsburg
Pittsburg.... 17201-41
Cleveland A
Leased directly by Pa. Co.:
Pitts. Youngs. A Ashta.... 1712509
Toledo Wal. Val. A Ohio. 1] 125-40
Indianap. A Vincen. RR.*17133*11
Controlled by stock or otherwise:
Cleveland & Marietta
1710313
15-27
Pitts. Ohio Val. & Cin
•55
Roch. Beaver Falls AW...
2-96
Marginal RR.,Beav.F..Pa.
•71
Rolling Mill RR.,Toledo,0.
10-25
South Chic. A Southern.
7-56
State Line A Ind. City....
N Castle Br. W.N. Y APa.Ry^ 37-62
Total Penn. Co. lines... 1,349 06
. .
.
Waynesburg A Washing..
&
Nor
Grand Rapids A Indiana..
Musk Gr. Rap. A. Ind..
Cin. Leb.
.
28-15
31-76
425-72
3685
Traverse City RR
2600
Cin. Rich. & Fort Wayne 178560
St. L. Vand. A Terre H. .. 17158-30
East St. L. A Caron-telet.. 1713-25
Terre Haute A Loaanep't. 159*36
Cleve. Akron A Columbus. 18788
Wheeling
rmlnalRy....
9-65
-73
Newport A Cincin. Bdge.
Louisville Bridge
2 45
T
-
Controlled jointly:
Pitts. Chartiers & Yough.
Tol. Peoria
A Western
Trackage
Total of
.
1716-91
17230-70
143*48
47402*19
all lines
* Operated by P. C. C. A St. L. Ry.
Organization—Chartered in Pennsylvania April 7, 1870. Its stock
is owned by the Pennsylvania Railroad.
On Deo. 31, 1900, the Penn
sylvania Co. owned sundry bonds having a par value of $11,027,400,
and stocks of par value of $72,677,213, valued at $11,419,630, and
yielding from Jan. 1 to Dec. 31, 1900, an Income of $2,316,003.
Dividends.— In 1883,4 per cent; then none till 1892, when 4 per
cent was paid In March; in 1893, March, 4 p. c; in 1894, June, 4 p. 0.
Bonds.—The gold bonds of 1921 are seoured by leases of P. Fort W.
A C, the Cleve. A Pittsb. and Erie A Pittsb. railroads, and of bonds and
stocks having a par value in 1881 of $24,171,630, as well as real estate.
The guaranteed trust certificates, both series, were issued by Girard
Trust Co., Philadelphia, as trustee, under a deed of trust made by
the Pennsylvania Company and the Pennsylvania RR. Co., whereby
the Pennsylvania Company has pledged $15,000,000 at par of the 7 per
cent guaranteed special stock of the Pittsburg Ft. Wayne A Chicago
Railway Co. The total authorized issue of the trust certificates is
$20,000,000, each series to be secured by deposit of shares of the
special guaranteed stock to an amount equal to the par value of the
series
See V. 65, p. 368, 572, 11 6; V. 67. p. 124; V. 72, p. 339. 490.
Report.— Report for year 1900 was in V. 73, P. 335, showing gross
on 1,396 miles, $25,407,562; net, $7,401,599; other income, $2,316,008; interest, rentals, etc., $8,598,004; bal., sur., $1,119,602. In
1899, gross, $22,986,827; net, $7,027,616; other Income, $2,076,452.
In year 1895 profit, $947,034; In 1896, profit, $238,267; in 1897, profit,
In 1900, $1,119,$1,009,821; in '98, profit, $658,575; in f99, 1,146,93
602.— (V. 71, p. 1311; V. 72, p.242, 339, :i92, 821; V. 73, p. 335.)
1
1
;
&
Pennsylvania North Western Kit,-Owns Bell wood, Pa., to
Horatio, t>2 miles total, Including branohes, 77 miles. A consolidation
Jan. 1, 1890, of the Bells Gap and Clearfield A Jefferson roads.
Dividends. ) 1890 '91 '92 '93 '94 '95 '96 to '98 '99 1900 1901
5 5»a 6
2
2
none.
2
4
Per cent. 5 5
4
Earnings.— For year ending Dec. 31. 1900, gross, $701,577; net
$277,478; int , taxes, eto , $13*2,160; dividends, $90,000; balance, sur.,
$55,318. Year '99, gross, $670,239; net, $160,841.— (V. 59, p. 1008.)
Peoria to Bureau Juno., 111.,
Peoria Sc Bureau Valley
Pacific RR. for
47 miles. Leased In 1854 to Chicago Rock Island
$125,000 yearly; dividends, usually 8 p c. yearly, occasionally more.
;
RR.—
Peoria Decatur
&.
&
Evansville Ky.— See
Central.— (V.
Illinois
71, p. 1221.)
Peoria A Eastern tly.—(See Map
Owns from Pekin, 111., to Indianapolis,
Olev. Cin. Chic.
Ind., 202 miles,
St. Louis.)—
and has a lien
<f,
of $5,000,000 on Springfield Division, Indianapolis 10 Springfield,
Ohio, 141 miles; trackage, Pekin to Peoria, 9; total operated, 352 miles.
Lease, Etc.— Formerly Ohio Indiana A Western, sold In foreclosure
Leased till Apr. 1, 1940. to
In 1890, reorganized per V. 49, p. 616.
Cleveland Cincinnati Ch. A St. L., which guarantees Interest, out
the first oonsols and the underlying oonds, and owns
not principal, of
one-half the $10,000,000 stock, par $100. See Supplement of Jan.,
1894, as to provisions respecting any surplus over charges. In Mar.,
St. L. was
1901, tl e debt for advances due the Cleve. Cm. Chic.
Company owns
paid off. V. 73, p 497 ; V. 72, p. 581;
73, p. 497.
$250,00 ' stock of the P<orla A Pekin Union Ry., on which 6 p. o.
&
V
yearly was paid 18951901.
Bonds.— See abstracts of mortgages of 1890 in V. 51, p. 246 and
of O. Ind. A Western mortgage, V. 47, p. 201
Gross, $433,304 net, $100,641
Earnings.— 2 months, ) 1901
$1900
Gross, 342,59» net,
July 1 to Aug. 3
85,943
Sur. over 2 mos. charges, $33,265 in 1901, agst. $18,443 in 1900.
Annual Report.— For 1900 01 see lessee's report in V. 73, p, 500.
Interest, etc.
Net.
Balance.
Tear end. June 30. Gross.
$404,07*>
$821,950
$417,875
1900-1
$2,4«8.303
420,000
765,656
315,656
2,356.416
18990
;
1
-(V. 09,
p.
;
.
492; V. 72,
p.
339, 5*1; V. 73, p.
441,
554.)
October,
1901. J
RAILROAD STOCKS AND BONDS.
Ill
>
INVESTORS' SUPPLEMENT.
119
RAILROADS.
—
....
For explanation of column headings,
on first page of tables.
Ac see notes
Miles
_ .
Date
Size, or
Par
of
of
Road. Bonds Value.
Pere Marquette— Common
stock, $16.000,000....
Preferred, 4 per cent, non-oum., $1:2,000.000
Grand Rapids N'ewuvgo A Lake Sh. 1st M.2d Dlv.
Chic. A West Mich, general niort.($12.000p.in.).o*
D. Gr. R. AW., 1st cons, (now 1st) M., law. m.o*
Flint A PereMarq. M. ($1,000,000 are 4s) gol(L.o
o*
Consol. mortgage, g.Ce
0*
Pt. H. Dlv. 1st M. ($3,500,000). g., Ce
IB
Toledo Division. 1st
uiort., gold,
o"
1st
,gu.,p.Al.endbv Ch.A W.M.o*
Co. 1st M., gu.p.Ai., s.f. red. at lOO.r.
M
Ch.A No.Mich
Mieh. Equip.
Western Equipment Co
Marquette eqoip't 1st M guar., s. f.. call at par.
Ch. m W.M coupon scrip Nov. 1,1901— V. 59, p.737
Pere Marquette consol. M., $50,000,000 .F oAr
Pere Marq. Transportat'n Co., gold, p. A 1. guar.
Saginaw Tus. A Huron, 1st M., p. A i. guar.Co..
Gr. Rap. Beld. A Sag., 1st M.. gold, lnt st rental.
A
1.0"
(1st l'n) gold, gu. p.
1st M., ser. 2 (2d l'n) gold, guar. p. AT. (end.)..o*
I
Peterborough RR.— Stock (rental 4 per cent)
Petertburg RR.—See Atlantic Coast Link RR.
PtlU.4Balt.Cent.— lstM.$2,500,000,$l,200,0004»s8
Phila. <t Che*. V.— 1st M., pf., old 5s, red. '96, g..o*
1st m., old 4s, not pref., Int. reduced In '96, g..o*
Phila. <t Erie— Common stock ;$10,000,000 author.)
Preferred siock, 7 per oent, speoial
Gen. M. (now 1st) gold, guar. p. A 1. by Pa. RR..C
r
do
($5,263,000 are 5s)
do
Phila. <t Frankford—1st M., $500,000, gu.GuP.c*
Phila. Germ. A Norrist'n— Stock rental., P. A R. Ry,
Phila. Harri*burg<£ Pittsburg— 1st mort., gold.o*&r
o
Phil. Newt'nctX.Y.— 1st M., gold (see text)
100
1875 500 Ae.
1881
1,000
1897 500 Ao.
1880
1,000
1889
1.000
1889
1,000
1897
1,000
1891
1,000
1892
1.000
10
480
380
280
400
235
19
89
1900
1894-7
1901 lOOOAo,
1897
1,000
1900
1,000
1899
1,000
1888 100 Ao.
1S8S
1,000
100
66
28
38-5
38-5
1881
1SS8
1888
1809
1892
"29
44
22
1,000
1,000
1,000
1890
1892
287
287
287
287
1,000
IS 09
73
1,000
1,000
500
500
50
50
50
Peoria A Pekln Terminal Ky.—See Street Railway Supp't.
Operates a steam terminal road used by the various trmk lines entering Peoria and Pekin, 111.; also an eleotrio street railway. Owns
union stations in both. Peoria and Pekin.
Peorta A Pekln Union Ry.—Owns Pekin to Peoria, on both
sides of Illinois River, and yards at and opposite Peoria. Mileage main
track, 1655; second main track, 892; total main track, 2547 miles.
Mileage of side and yard tracks, 47-62. Capital stock, $l,i 00,000.
Owned by Peoria A Eastern (Cleveland Cin. Chic. A St Louis system)
Chic. Peoria A St. Louis (Illiuois Central system). Lake Erie A Western
and Toledo Peoria A> Western companies. Dividends 1895-1901, 6 p c.
§er annum. Earnings for year 1899-00, gross, $770,369; net, $356,02; charges, $371,018: dividends, $60,000; balance, deficit, $74,656.
In 1898 9, gross, $7d6,009; net, $375,633.-( V. 60, p. 62 1 V. 70, p. 584 )
Springfield Ry.— In July, 1901, partially constructed
Peoria
from Springfield to Peoria, 111., about 55 miles. Incorporated In May,
1901, to take over the Peoria A 8t. Louis Ry. and complete tue road.
Stock authorized $2 000,00 ». The old oo. had outstanding at last
accounts $50,000 gold 5s, due Aug. 1,1936, the Aug. 1, 1901, coupons
being paid by dunning A Co 20 Broad St , N. Y.
(See Map.)— A network of lines lying
Pere Marquette
chiefly in Michigan, the eastern termini being at Toledo, O., Detroit,
Mich, and Port Huron, Mich, (connecting there with the Grand
Trunk Ry.),and the western termini at La Crosse, Ind. [through panor
cars also running to Chicago, 111.], and at Grand Haven, Ludlngton,
;
A
,
RR.—
Muskegon, Manistee
In Michigan,
hmes
on Lake Michigan.
Miles.
otcned in fee.
Alexis (near Toledo) to Lud268
lngton on Lake Michigan.
La Crosse, Did. to Bay View,
380
Mich.
Detroit to G'nd Rapids, Mich. 152
Port Huron to Howard City.. 172
.
Hunn to Grindstone City.
I
I
I
|
Miles
Trackage, etc
7
Leased tl iG. R. Beld.ASag.)—
Freeport to Belding
28
H8aginaw Tuscola A Huron-
Saginaw
to
BaO Axe
fl66
...
4
Other
92
94 Total (inol. 34 m. 3-ft.gauge).l,821
Grand Rapids to Big Ledge..
102 Sidings
530
Allegan to Pentwater
456
Otherlines, branches, etc
If See this company.
Also owns car ferries Milwaukee to Muskegon, and Ludington and
Manistee to Milwaukee, etc., forming part of a short line from St, Paul
to tidewater, opened Jan. ,1897, and four steamers valued at $443,564.
In Sept., 1900, a new car ferry steamer was ordered, to cost $340,000
and be completed by July 1. 1901. V. 72, p. 1184.
Organization.— Incorporated Nov. 1, 1899, as a consolidation of
Chicago & West Michigan Ry.. Detroit Grand Rapids A Western RR.
and Flint A Pere Marquette RR., per plan In V. 68, p. 1024, 1181. The
Saginaw Tu-c< la A Huron RR. Is leased for t>99 years from Feb. 1,
ltttO, and its bonds guaranteed.— V. 70, p. 895.
Stock.— Authorized $10,000,000 common and $12,000,000 4 p. c.
non-cam. pref.; consent of a majority of each Is necessary to increase.
Dividend.— First div. on pref., 4 p. c. paid Feb. 11. 1901, out of
profits of year 1900; Aug. 15, 1901, 2 p c lor 6 moo ending June 30,
1901.- V. 73 p. 237.
Bonds— The consol. 4s of 1901 (total issue $50,000,000) are limited
to $20,0 h> per mile of oompl-ted single track line, including underlying bonds, or $23,000 per mile douolo-track. Of the bonds, $26,656,000 were reserved to retire the same amount of old bonds; a portion
Pt.
LXXIII
vol.
Bond*— PrinciINTERE8T OR DIVIDENDS.
pal, Wb en Due.
Rftt
Outstanding! K %f_F er When Where Payable, and by Stock* — Last
Amount
.
Payable
WTiom.
Dividend.
$100 $14,145,500
.
PerKiomen— 1st M., ser.
I
1
10.512,200 See text.
19,000
7
5,756.000
5
5,380.000
4
5,000,000 4 g.A6 g.
2,850,000
5 g.
3,500,000
5 g.
400,000
1,667,000
169,000
6
105.000
6
1,000,000
5
488.852
5
1,000,000
120.000
1,000,000
t g
260,000
f g
799,600
g
I
1,125,000
385,000
8*
i*
*
-
A D.
A D.
A. & O.
A. A O.
MAN.
A. A O.
J. A J.
M. A N.
J. A D.
A. A O.
A. A O.
Seml-an
J. A J.
J. A J.
F. A A.
M. A S.
J.
J.
-J.
-
M.
A.
A.
A
A
A
N.
O.
O.
Yearly.
A J.
A O.
F. A A
Q.-M.
A A 015
A. A O
J.
A.
May
Webster Bk
June
Boston.
Apr.
Oot.
1,
1,
1,
1,
1931
1902
1909
1910
1904-7
Jan. 1, 1951
N. Y.,R.Winthrop&Co,
N. Y., Cont'l Trust Co,
Int'l Trust Co., Boston,
Phila. Reading Ter.Bld.
do
do
Nashua, N. H.
A. 'a 6.
2,200,000 4ifl A 5
280,510
100,000
3 g.
7,985,000
2,400,000 4 in 1899
8,680,000
11,143,000 4g.A5g
500,000
4g.
2,246,900
12
2,000,000
5g.
1,417,000 See text,
A
Bos., Nat.
j
i*
Philadelphia
N.Y.R.WinthropABos, Aug.15,'01,2%
N. Y., Un. Tr. A Boston. June 1, 1905
do
do
Deo. 1, 1921
2d Nat. Bank, Boston. Apr. 1, 1946
N. Y., R.Winthrop A Co, Oot. 1, 1920
May 1, 1939
do
do
do
Apr. 1, 1939
do
Intern'l Tr.Co., Boston July 1, 1937
$20,000 y'rly
Aug. 1, 1931
Men. 1, 1924
Jan. 1, 1918
Jan. 1, 1918
Oct., 1901,
Penn. RR. Co.
2%
1911
1938
do
Apr.
1938
do
Phila., Broad St. Stat'n Moh.1,'94.2%
Phila., Broad St. Stat'n Deo.31,'99,4%
do
and London July 1, 1920
Phila.. Broad St. Stat'n July 1, 1920
Phila., Comp'y's office Aug. 1, 1922
Phila., 132 So. 3d St. Sept. 4, '01, 3%
Phila., Comp'y's office
Oct. 15, 1925
do
do
Oct. 1, 1942
Phila.,
Philadelphia.
Baltimore Central
Nov.
Apr.
RR.— Weal
1,
1,
1,
cniia. to
Ootoraro Jc.Md., 63 miles; Wawato West Chester, Pa., 9 m. (double
track, 13 m.); branch, 2 in.; leased, Chester Creek RR., 7 m. Phila. Wilmington A Baltimore Railroad holds $2,497,150 of the $2,499,193
stock, and road is a part of Pennsylvania system. Fisoal year ends
Oot. 31. For 189900 gross earnings, $885,755; net, $133,384; Int. on
deposits, etc., $22,742; def. undercharges, $15,193.
Chester Valley RR.— Road from Bridgeport
22 miles. Chartered In 1888. Capital stock (par
preferred, $205,100; total, $755,100, of
$50) is, common, $550,000
which Reading Company owns $454,450 common and $205,100 preferred, of whioh $450,000 common and $205,100 preferred are deposited under its general mortgage of 1897- Current liabilities June 30,
1900, *108,784. The Reading "Company" guarantees the bonds, with
interest reduoed. See V. 63, p. 1064.
Philadelphia
to
Downington,
&
Pa.,
;
Philadelphia
&
Ml.— (See Map Pennsylvania RR.)—
287 miles—double traok, 76 miles.
Ac— Formerly Sunbury A Erie. Leased to
Erie
Road— Owns Sunbury to
Erie, Pa.,
Organization, Lease,
Pennsylvania RR. Co. for 999 years, and actual net receipts paid ae
rental. Pennsylvania RR. owned Dec. 31, 1900, $3,499,800 oommon
and $2,400,000 speoial stock and $3,944,000 general mortgage bonds,
and city of Philadelphia (sinking fund) $2,250,000 oommon stook.
Dividends.— On cooimon in 1892, 2 p. c; 1894, 2 p. o. On preferred
"special," 1888-93, 7 p.o. yly.; '94 to '97, 2 p. c; '98 and '99, 4 p.c.
Earnings.—7 months, ) 1901
Gross, $3,589,775; net, $1,320,287
Jan. 1 to July cl.
3,153,591; net, 1,041,628
S 1900.... Gross,
Annual Report.—Report for 1900 was given in V. 72, p. 388. 671.
1898.
Tear end Dec. 31—
1900
1899
1897.
Gross earnings
$5,824,626 $5,348,029 $4,574,443 $4,601,257
Total net income
2 086,010 1,064,235 1,317.918 1,235,187
Interest on debt
1,019,150 1,019,150 1,019,150 1,047,470
Interest on speoial stook.
168,000
96,000
96,000
48,000
200,454
125,564
Interest on equipm't, Ao.
757,491
447,864
|
|
of the issue was sold In Apr 1901, for extensive Improvements in
progress, the balance being held for future requirements. V. 72, p.
675. In Jan., 190 1, *l,000.' 00 Flint A Pere Marquette 1st M. 4s were
sold to retire the H. W. A M. 8s. whioh mature Jan. 1, 1901.— V. 11,
Of the Marquette Equipment bonds oi.e tenth wll be rep. 45, 242.
tired yearly by ihe sinking fund at par, and the entire issue may be
called at that price on 60 d-.ys' notice.— V. 72, p. 1184. The $175,035
Chic A West Mich coupon scrip was called for payment on Nov. 1,
1901. -V. 73, p 445.
Latest Earnings.— For 8 months ending Aug. 31;
.v^<.
Charges.
Balance
dross.
8 months ,
i
1901
$5,944,218
$974,302
p.
$438,-74
87\017
$1,412,676
1,172,711
5.302,450
19O0
Rkport.- Report for 1900 was in V. 72,
29, ,694
1184, showing:
Cluvgr.s,
Divonvref. Bal stir.
$1,319,330 (4%)$180,000 $166 189
411.553
1,289,420
1,70 >,973
Officers— Chairman of Board, W. W.Crapo; President, Charles M.
Heald; Gen. Mgr., H. T. Crapoj Beo. and Treas., Charles Merrlam;
Potter Jr.-(V. 72, p. 1184; V. 73, p 237, 445.)
Comptroller, H.
Perklumen RR.— Owns from Perkiomen Junction, Pa., to Emails
Stock, $1,500,000 par value of shares,
Junction, 1'^.. 38*3 miles.
$50); owned by the Reading Co. and mostly deposited under its Jersey 'entrai collateral 4 per cent m rtgage of 1901. — V. 72, p. 28 c Be
organized in 1887. Total current liabilities June 30 1900. $827,780.
In year 1899 <> gross. $346,392; net, $167,910; lnt, etc., $100,674
<V.71, p. 1013; V. 72, p. 283
Peterborough RR.— Wilton to Greenfield, N. II., lO^j miles.
Leased April 1, 1893, to Boston A Lowell for 93 years at 4 p. c. on
stock aad expenses. Capital stock $385,000; par, $100; div., A. O.
Petersburg RR.—See Atlantic Coast Line Co. of Virginia.
Tear—
6 usi
$a,29b,112
189'.)... 7 368,794
1900
'''
,
$1,945,519
—
,
I
Balance
sr.$140,366sr.$101,221 sur. $2,314 sr.$14,153
-(V. 70, p. 427,532; V. 72, p. 340, 388, 671.)
Philadelphia
Prankford RR.— Owns from
Cresoentville to
stock, $498,950 is owned
by Reading Company and deposited under its mortgage of 1896. In
1898 interest on bonds reduced from 5 to 4 per cent, principal and Interest being guaranteed by Reading Co. Current liabilities June 30,
1900, $223,753. -(V. 67, p. 1358, 1357.)
A.
Frankford, Pa., 2-6 miles.
Philadelphia
The $500,000
Germantown A Chestnut
Hill
RR.—See
Connecting Ry.
Philadelphia
Germantown
A-
Norrlntown
RR.—Phila.,
Norrfstown and Germantown, Pa., 20 *v miles; seoond traok,
20 miles; total track, 99 m.; Plymouth RR., 9 miles. Leased November
10, 1870, to Philadelphia A Reading Railroad for 999 years at a rental
of $269,623 and $8,000 yearly for organization expenses. Lease assumed in 1896 by Phila. A Reading Ry.
Pa., to
Philadelphia Harrlsburg
A
Pittsburg
RR.— Owns
from
Harrisourg, Pa., to Shippensburg, on the Western Maryland Railroad,
47 miles; sidings and laterals 12 miles. Leased October 15, 1890
for 999 years at 5 p. c. on stock, interest on bonds, taxes and
expenses to the Philadelphia A Reading RR., whioh by endorsement
on each guaranteed the bonds, principal and interest. Lease assumed
in 1896 by Philadelphia A Reading Railway. Stook, $2,000,000 (par,
$5<>), owned by Reading Co., of which $1,995,000, along with $1,472,000
of the bonds also owned by the Reading Company are deposited under
Its general mortgage of 1897. Mortgage is for $2,000,000.
Road— PhilaPhiladelphia Newtown A vew Vork
delphia to Newtown, Pa., 21 miles; branoh 1 mile. Capital stockcommon, $1,225,000; preferred, $400,000; par, $50. Of the bonds,
$84»,100 (with coupons only partly paid— see V. 64, p. 331), are owned
by the Reading Co. and deposited under its general mortgage of 1897.
Id Ootober, 1898, Interest on $507,000 bonds vvas reduced to 3 per
cent, from April 1, 1897, and made a first charge, that on remainder
of Issue being left at 5 per cent subject to said agreement.— V. 68, p.
773. Current liabilities June 30, 1900, $293,808.
RR.—
Reading RR.—See Reading Company.
New Kng.- See Central New England Ry.
Philadelphia 4k Trenton RR.— Phila. (Kensington), Pa.,
Philadelphia
Jk
Phila. Reading
A.
to
24 miles, mostly four-tracked, and branch 3 miles. On
Dec. I, 1871, leased, with the United Cos. of N. J., for 999 years to the
Penn. RR. at 10 p. o. on $494,100 stock, the total issue being $1,259,100, the balance being owned by the United RR. of N. J.
•lorrisville, Pa.,
Philadelphia
Wilmington A Haltiinore RR.— (See Map
Penn. KR.j— Operates from Philadelphia to Washington. D. C, and from
Wilmington, Del., to Delmar, Del., with branches as follows:
224
Miles. Delaware RR.fl
Lines owned —
95 Delaware Md. & Va. fl
98
Philadelphia to Baltimore
Baltimore A Potomac H
93
(all double track.
58
Branches to Delaware City, etc. 22 otherlines (5)
Lines controlled, leased, etc.
Total (If see this company)... 670
Philadelphia & Bait. Central!!. 80
—
J
October,
.
RAILROAD STOCKS AND BONDS.
1901.]
113
MAP OF THE
PERE MARQUETTE
RAILROAD
AND CONNECTIONS.
^
ifO'
m?.
IP!
Unionville
Akron
'
yFair Gr
OFreelariiL
rGilford
.,
'Reese
¥*1 \$^'>&<£'-t
*%,.%
/M Stanton* ^A^Vi^/V "%,\»%>. Brid
O^
Casnovia
,
~KenrCity|
^T^ It W AUKEE
Lake HaVb$|
*.
w^
t
:
St.Johns
^
OTTAWA BEACh „
U
_^wosgb
.Grand
ELL
r.asc
r
Lose
I I
jaugatMckl
r Fe^nviKle
Peane
^Fillmore)
["?•»
^Hamilton
>ji
^Dunnin
,as£
o5
Jr
south
H^a
*/
^
.
aO f
Hastings
^Novf
1
PlainwelLg. <iX
JRiehland Jc.
Hartford/
//M'
paw p»vj/u'r
Creek
/
/
\
/
x'Ca<
Jackson/
CO
/
/»i HARBOR^)
BENTON
LOU
-.
;,Rort
Highland!
Milfordl
G
^.ALLEGAN
Mill
i
Centre 1
Clyde]
lake Odessa^
Battle
jd*'
Ann Arbor"
C-6^
Pittsfleld,
^Manchester
Riverside/
/
ST.JOSEPJ
oc^^is^
^ —•
JHICAGO
xo"1
Ride Park
iGrand Crossi
|i
:
ffSli'
A<
-C'N.
ifvicksburgl
m St'4vensville/
lIIlH/SH^^
Jonesvill&V-l-'
'hree
Rivers|/^\^--o-Fau'£ax
^
t
White Pige
T ;f
n
oin
'\Valparal?
^Hsbpro
IHanna^
4,
-..,
MicH."TWasepi
Cassopolis
ICA.P01
IMagee
V°
oodstock
^Tl/ivvngston,
[Belfast^
r
Janover
/yCHen Lord
/'„
Kensington
Gil »
%_&.,%
"V"
»t\<*
andout
N,t
.Clarksville^&l^sS
&•
^
AL^
BlaiScl
Orleans
/
f
..«
Shiloh
s>
'Kenosha
,
a
Mt.Morj
f
Waukegan
*<^ J5?SiSW
c .v&^W nW,
Jer&
:
'•'-;7?
i
Ashley
GRAND H^VE
2>^>^
Racine
>r?|A2^S
Co#ty L 4l
A/
n.Vm
jFenwick
bFruitnort
Ferrysbur
[^
^ 1AM
LL.IsHFRIDAN
gis
?^turgis
v.
cuuKeiyL-s/
/,
j:ikhart^>^
R
.
Wolcbttville
Steubenyille
'
Tecuiiiiet
Addison Jc
Adria
,
,J
-\ SOU.,
"tA
:nawee Jc^>\
^v. *^7 Hudson
^^yjjudsor
y
Alvordtor
Goshen
Milan
carletonI
/urpa.-Jc.
Fayette
}
r
114
SUPPLEMENT.
INVESTORS'
[Vol. LXXIII.
Subscribers will confer a great favor by giving immediate notice of any error discovered In these Tables.
\Bonds— Prlncl_
RAILROADS.
„..
INTEREST OR DIVIDENDS.
.
i
Miles Date Size, or
pal.When Due.
Amount
of
Par Outstanding Rate per When Where Payable, and by Stocks—Last
For explanation of column headings, Jsc, see notes! of
Road. Bonds Value.
on first page of tables.
Cent.
Payable
Whom.
Dividend.
OMP A NY.
Philadelphia A Hearting Ry.— 8ee READING C
Phila. <t rren/oH— Stock 10 p. c. rental, Penn RR..
Pine Creek—
1st M.. guar. prin.
and interest
1880
18S7
1SS7
1891
1892
29
75
it Troy-Ut M., $2." 0,000. g.,gu. p. & i
Pittsburg Bessemer dt L. E.— Com. ,3 p. o. rental
Pref. stock, 6 per cent cum., guar, by rental
c*
Pittsb. Shen. & Lake Erie, 1st mort., gold
Consol. 1st mortgage, for $4,800,000, gold..o*
Pittsb. B. & L. E., oonsol. M.. $10,000,000, g..o*
Debentures, gold, $2,000,000. See text.IPl...
Bessemer eq. trust, $75,000, g., ea. July 1.1 Pi.
Conneaut equip, trust, part due yearly. g.FPl..
Pittsburg Char tiers & Tough' y— Stock, $1,000,000..
Piqua
8
1886
1885
1900
134
151
193
193
1890
1893
1897
1S99
1897
1898
16
mortgage
16
Gen.M. $1 ,0O0,0O0,g.,gu.p.&i. (end.) FP1 See text
1,095
Pittsb'g Cincinnati Chic. <t St. Louis— Com. stock
1,000
1.000
1,000
208
208
93
580
222
222
116
1,000
100
100
1.095
& Did. Cent. IstM. (Colum. to Ind. & br.).o*
& Indianapolis Central 2d mortgage
o*
iUnion & Logansp't 1st M.(U'n City toLogans.)o*
St. L. & Pitts. con.M. ($22,000,00O)g. Uu.ctr
lie.
Jefl'nvllle, Mad. & In. 1st M. (s. f. drawn at 110).o
2d mort., Jeffersonv., Ky., to Indianap. & br'n.c
Steub. & Ind., 1st mortgage, extended In 1884.r
Col.
Col.
1,000
1,000
1.000
1,000
1,000
1,000
50
1882 500 &c.
1892
1864
1864
1865
1883
1866
1870
1864
31. 1000. held $1,768,000 additi onal a
1,000
1,000
1,000
1,000
1,000
1,000
1.000
nd$225
Organization.— Penn. RR. owns $10,890,950 stock (mostly purchased In 1881). and controls the operation.- V. 6S. p 482. In Oct.,
1901. consolidation with the Baltimore & Potomac RR. was proposed,
the Penn RR. offering the minority stockholders $U0 cash per $50
share or $150 in Penn. stock for $100 in Phil. Wilm. & Bait, stock. V. 73, p. 723.
Dividends. 5 1868-87 '88 '89 '90 '91 '92 '93 '94 '95 '96 to '01.
7
7^ 7 6^
Percent. 1 8 yearly.
In 1900, Jan., 4 p. c; July, 3 p. c; in 1901, Jan., 4 p. c; July, 3 p. c.
Bonds.— All to be secured by any future mortgage; see page 4, Snp.
Mortgages and ground rents 1900, $163,765. The
of April. 1895.
$800 000 six per cent bonds, due Apr. 1, 1900, were retired from the
proceeds of the sinking fund.— V. 70, p. 687.
18.,)
Earnings— 10 nios.,) 1900-1. ...... Gross, $9,727,778; net, $3 010,819
Gross, 9,414,378; net, 2,863,819
L.
Nov. 1 to Aug. 31. S 1899-0
Aitnual Report.—Year ends October 31. Report for 1999-00 was in
net, $3,535,fc31
other
V. 72, p. 933, showing: Gross, $11,324,531
Income, $559,493; Interest, taxes, rentals, etc., $2,364,127; dividends,
$827,354; bal., sur., for year, $903,643, appropriated to extraordinary
expenditure fund.- (V 72, p. 137, 933, 1081; V. 73, p. 723.)
Piedmont Sc Cumberland Ry.— Road from W.V. C. Junction, W.
Va., to Cumberland, Md., 29 m. Under the new lease of '99 the W. Va.
Co. & Pitts Ry receives all revenues and pays all expenses, s p. o. int. on
bonds and 5 p. c. F.&A. on stock, of which it owns 92 per cent. V.
69. p. £90, 5i<2; V. 73, p. 785. Previous dividends: 1894, 5 p. e.; 1895,
6; 1896, 6; 1897, 5; 1898, 4; 1899, 4.-(V. 69, p 492; V. 73, 785.)
Pine Creek Ry.—Owns Stokesdale Junction, on the Fall Brook
Road, to Newberry Junction, Pa., 75 miles. Organization.—N. Y.
Central controls the capital stock and leases the road for 999 years,
from May 1, 1899, for $35,000 yearly, payable quarterly, Q.-F., bond
Interest and taxes.— V. 68, p. 379, 573, 773, 872. The 1st mortgage is
guaranteed by the Reading and the New York Central, jointly and
severally. See form of guaranty, V. 56, p. 650. Stock, $1,000,000
(par, $50); July 1, 1901, N. Y. Central owned $999,000.- (V. 68, p. 573.)
77667
;
;
.
UK.—
Lake
Erie
(See Map.)— Owns
Pittsburg Ressemer A.
line completed in August, 1897, from Bessemer, near Pittsburg,
Pa., to Conneaut Harbor on Lake Erie, and Wallace Junction, Pa., 155
miles; terminal In Erie, etc., Pa., 2 miles; branches, 11 miles; leases
Meadvllle Conneaut Lake A Linesville RR., Linesviile to Meadville, 22
miles; trackage to Cascade, near Erie, etc., 13 miles; total, 203 miles.
Organization, Etc.— A consolidation Jan. 14, 1897, of the Pittsburg
Pittsburg. Carries iron ore
Bhenango & Lake Erie and the Butler
south and coal north. See V. 63, p. 1159; V. 65, p. 152.
Controls boat lines for coal transfer to Canada. See V. 60, p. 872; V.
<fc
61, p. 241,795.
Of the stock $5,500,500 com. and $500,100 pref. are owned by the
Carnepie Co. and deposited under its collateral mortgage. Leased
for 999 year* from Apr. 1,1901, to the new Bessemer & Lake Erie
a subsidiary organization ot the Carnegie Co. tor 6 per cent on
pref. and 3 p. c. on common stock, Interest on bonds and organization
expenses, etc., the lease being guaranteed by the Carnegie Co.— V.
72, p. 137. Ihrough Carnegie Co is controlled by U. 8. bteel Corpo'n.
Stock.—Common stock is $10,000,000; par $50. As to pref., see below.
Dividends.—On pref., 3 p. c. 1899. In 1900,6 p. o.; since under
lease, 6 per cent j early on pref. and 3 p. c. on common.
Bonds.— The old first mortgage of $3,000,000 covers the line from
Butler to Wallace Junction, 106 miles, and branches 28 miles. Debentures of 1*99 may be called after June 1, 1909, upon company paying h per cent for each year of unexpired term.
The P. B. & L. E. mortgage of 1897 is for $10,000,000 (trustee United
States Trust Co., N. Y.), covering all the railroad, property, rights and
franchises of the consolidated company, including the agreement with
the Carnegie Steel Co., Limited, and the Union RR. Co. Of the new
RR
,
bonds $4,800,000 reserved to retire Pittsburg Shenango <fe Lake Erie
bonds. Car trusts Dec. 31, 1899, $1,851,417; bills payable, $432,562
Earnings.— Jan 1 to Mar. 31, 1901, gross, $376,519, against $32?,
093 in 1900. Jan 1 to Dec. 31,1900, 12 months, gross, $2,338,332.
Report.— Report for year ending Dec. 31, 1899, was in V. 71, p.
285. Of 3,492,163 tons of freight carried in 1899, through ore contributed 2.426,476, against 1,005,768 in 1898; coal and coke, 601,096,
again-t 418,228. Average train-load of revenue freight in l>-99, 781
3t4 cent. Train-load in 1900 about 950 tons.
tons; ton mile rate,
Tear
Gross.
Net.
Other
income,
Interest,
luxe*. etc
Div.
onpref.
Balance,
deficit.
$1,854,287 $774,568 $2,10.. $753,858 $48,407 $26,591
246,645
1,311,531
Pre*., James H. Reed, Pittsburg.— (V. 71, p. 1221, 1270; V. 72, p. 137.)
Pittsburg <arn«gle St Western Ry.— Under construction in
Oct., 1901, as an extension of the Wheeling <fe Lake Erie RR., from
to I'ittnburg, Pa., 60 miles. Contracts for 38 miles
Steuben
let in Sept., 1901.- V. 73, p. 663. To form, in conneoW er<
Waba-li, an independent route to Pittsburg for the Mistioi.
souri Pacltic and associated lines. A contract providing a large
tonnage is reported to have been made with the Carnegie Co. (now
eontn lied by the U. 8. Steel < orp.). Stock authorized, $2,000,000, all
of one class. No bonds bad been issued in Sept., 1901, a syndicate
1899
1698
l
10
Phila. , Company's Office Oct., '01. 2***
Broad St. Stat'n. July 1, '01,
D. Phil. Of ;Bost.,Kld.Peab June 1, 1910
O.
do
do
Apr. 1, 1917
N. Phila., Broad St. Stat'n Nov. 1, 1928
Q.-J.
&
J. &
A. &
M. &
J. &
A. &
F. &
F. &
J. &
M. &
A. &
J. &
A. &
J. &
J. &
J. &
J. &
M. &
In 1901 J.
1,000,000
1,000,000
1,000,000
930,000
1,000,000
650,000
50
50
1st
a Siukine fund Dec.
1,000
1,000
1,000
1,000
1,000
50
(end.)r
Preferred stock
$100
See text.
50 $11,819,350 7
27
—
Philadelphia Wilminaton <t Baltimore Stock
Plain bonas.s. fund $20,000 yearly, not drawn..
r
Plain bonds
r
Plain bonds
bonds, gold
r
Plain
bonds, gold
r
Plain
Piedmont <t Cumberland— Stock, 5 per cent rental.
o*
1st mortiTHire. Raid, interest rental
5
4
4
4
g.
4
g-
5
5
6
650,000
g.
3,500,000
225,000
4 g.
10,000,000
3
2,000.000
6
3.000,000
5 g800,000
5 g6,200,000
5 g1,500,000
5 g375,000
6
400,000
6
700,000 4Feb.*01
308,000
6
316,000
4g.
24,740,357 See text.
22,697,341 4 in 1901
2,494,000
7
715,000
7
715,000
7
1,506,000
5 g.
al, 175,000
7
1,975,000
7
3,000,000
5
000 drawn f or redem
3%
J. Phila.,
.
do
do
Jan. 1, 1926
do
do
Oct. 1, 1938
A. Check from Co.'s office. Aug. 1, '01, 2i«
A. Baltim.,Hambleton«feCo Aug. 1, 1911
D. N. Y. Gd. Cent. Station. Deo. 1, 1938
N. Un. Sav. Bk. &Tr.,Cin. Nov. 1, 1939
O. Check from Co.'s office,
D.
do
do
June 1/01, 3%
O. N. Y. Central Trust Co. Oct. 1, 1940
J.
do
do
July 1, 1948
N. Y., U. 8. Trust Co.
J.
Jan. 1, 1947
D. Un. Trust Co., Pittsb'g. June 1, 1919
J. Un. Trust o., Pittsb'g. J'ly 1, 1902-06
8. Fid. Tit. & Tr.. Pittsb'g. 1902 to 1908
J.
O.
i
Pittsburg, Offloe.
Feb. 15/01J4%
Feb. 1, 1902
&
&
A.
&
T. Co. Aug.15,'01,1%
J. N.Y., Farmers' L'n&Tr. July 15/0 l,29i
do
A.
O.
do
See text N. Y., Farm.
F.
J.
&
&
&
&
&
&
&
J.
M.
J.
do
do
L.
Apr.
N. Y., Union Trust Co.
do
do
O.
do
do
do
O.
do
O. N. Y., Farmers' L'n &Tr.
J.
J.
do
do
J.
J. N. Y.. Nat'l City Bank.
ption on Oot. 31. 1901.
A.
A.
A.
1.
1938
<fe
N.
supplying the funds for construction for the present.
Nov., 1904
Nov., 1904
Deo., 1905
Oct. 1, 1938
Oot.
July
1,
1,
1906
1910
Jan. 1, 1914
V. 73,
p.
445.
616, 663.
Pittsburg &. Castle Shannon RR.— (V. 72, p. 439.)
Pittsburg Chartiers & Youglilogheny Ry.—Owns from Char-
Beechmont. 16 m. trackage (Chartiers Ry.), 1 m. 17 miles 1b
Stock authorized, $1,000,000 par, $50; outstanding, $700,000,
owned jointly by guarantors mentioned below. Dividends— In 1895,
tiers to
;
;
all.
;
4 p.c.; 1896,11 p.o.; 1897, none; 1898,7 p. c; 18b9, 1 p. o.; 1900.
4 p. o 1901, 4 p. c. Of the 4s issued, or to be issued, one-half
are to be endorsed with the guaranty of the Pitts. Cin. Chicago & St.
Louis, the other half with the guaranty of the Pittsburg & Lake Erie.
8ee guaranty, V. 56, p. 650. In year ending Deo. 31, 1900, gross,
$193,9 7; net, $71,742. In 1899 gross, $187,928 net $92,803.
Pittsburg Cincinnati Chicago
St. Louis Ky.— (See Map.)
Lines owned.
Miles.
Li es least d Con.—
MUc*.
Pittsburg.Pa., to Chioago.Ill. 509 Cincinnati Street Con. Ry...
8
Rendcomb Jo. to Anoka Jo... 166 Pitts. Wheeling & Ky
26
Bradford Jo. to Indianapolis. 104 Eng. Connecting Ry. in Ohio.
3
Indianapolis to Jefferson ville 108 Other lines
6
Branches
208
Operated under their own
Total owned
organization
1,095
Trackage
Pittsburg Chartiers & Yough
Indianapolis to Kokomo
iogheny Ry
55
Louisville Bridge, etc
5 Cinjin. & Musk. Val. RR
Lines leas' d(f\ See these co's.) Miles Waynesburg &. Wash. RR
HChartiers
23
192
Total of all Deo. 1/1 900... 1,601
ULittle Miami
In June, 1900, extension of New Cumberland branch from KenUworth to Chester, W. Va. ,4 72 miles, was put in operation. The Cincinnati Lebanon <fc Northern Ry., 38 miles, has been operated sinct
Oct. 1, 1901.- V. 73, p. 6t3.
Organization, Ac— Formed in 1890 by consolidation (per terms In V.
50, p. 875) of Chicago St. Louis & Pittsburg, Jeffersonville Madison A
Indianapolis, Cincinnati & Richmond and Pittsburg Cin. & St. L. Controlled by Pennsylvania Co. and Pa. RR. Co. through ownership of stock.
Capital Stock.—The stock authorized is: Common, $45,000,000;
referred, $30,000,000; par, $100. Outstanding May 31, 1900. common,
f24,740,857; preferred, $22,697,341. Stock listed to June, 1901,
common, $25,539,300; preferred, $24,000,000. Suit V. 68, p. 381; V.
69, p. 1248; V. 70, p. 126.
The preferred stock is "non-cumulative and entitled to a dividend
of 4 per cent per annum out of the net earnings as declared by the
Board, with the right after 3 per cent has been declared on the
common to an additional 1 per oent, making 5 per cent in alL"
After 5 per cent on both common and preferred, the two share pro rata.
;
;
1
&
—
—
—
—
-
Dividends.— ) 1891. 1892-93.
'94. '95. '96. '97'98. '9^. '00. 1901.
2
3
4 yearly. 2
4
4
on common, 1 p. c, payable Aug. 15, 1901. V. 72, p. 1280.
Stock of Old Companies unexchanged May 31, 1901: Plttsb. Cin.
<fe St. L. common, $27,550, Chic.
8t. Louis & Pittsb., common, $448,467, and preferred, $6,053; Steubenville & Indiana, common, $81,747,
and preferred, $750; Jeff. M. & I. $5,000.
Bonds.— The consolidated mortgage for $75,000,000 (Farmers' Loan
& Trust Co. of N. Y. and W. N. Jackson, trustees,) covers the entire property. Sufficient consols are reserved for the purpose of retiring all sectional bonds at maturity, at which time they must be paid off. The
remainder are issuable for improvements, additions etc. They are
guaranteed unconditionally as to principal and interest by the Pennsylvania Company, in accordance with the vote of its Board of Directors, and are so endorsed. The five series are all equally secured. Set
adv. Chronicle May 21, 1892, and guaranty, V. 56, p. 604.
On
pref. p.
First div.
c—
$
3
Latest Earnings.—For 8 months ending Aug. 31:
Charges.
Net.
Gross.
8 months—
1901
1900
$3,704,197
3,055,445
$13,227,991
12,460,471
Annual Report.— Report
$2,46-1,030
2,351,235
Balance.
$1,241,167
694,210
for 11.00 at length in V. 72, p. 719, 726.
1900.
Tear ending Dec. 31.
1,156
Miles operated (system proper)
Gross earnings
$19,01 2,677
4,948,651
Netearnlngs
Miscellaneous
Total net earnings
Interest on bonds
Rentals paid
Car trusts (including interest)
St. L. V. & T. H. 6 7 of loss
.
141,351
S5.090.002
$2,260,180
131,193
205,830
1898.
1,151
$16,236,979
4,644,089
5,043,190
X77.996
46,702
$5,1*1,186
$4,690,791
$2,487,520
$2,417,666
133,132
119,854
32,816
88,582
13,451
- 871,144
"770.725
by i,i.*a
1899.
1,151
$18,1 04,426
1,037,386
Miscellaneous
(4%)907.670 (3^°/.)79 3998 (H«%)34024J
Dividends on preferred
$917,083 ^825,768
$547,743
Balance, surplus
^Includes expenses in elevating tracks at Chicago, etc. x Include*
profit in operating Little Miami RR. and St. L. V. & T. H. RR.— (V. 71,
p. 135,698; V. 72, p. 719,726,1*80; V. 73, p. 663, 785.)
Pittsburg Cleveland 6c Toledo RR.— From Newcastle Junction,
Pa., to Akron, O., 77 miles. Stock, $3,000,000 (par$50), of which Bait
& Ohio RR. owns $1,505,000. Leased in July, 1884, for 99 years to
Pittsburg & Western. V. 39, p. 607. Description of mortgage, etc
!
October,
KAILROAD STOCKS AND BONDS.
1901. J
115
Little Valley'
ndolph
.
Falconer
Jc.
*•
-{^""JamesWn
Colombua
_fConneaut Jc.
^^VT-C^s^' 4t"*NESViLLE
jjP
O'
£/
fl
(Kinzua
Irvineton
Si ^*
u
f7^^
s P*1»~g]boro
Garland
J
|p
^Clarendon
JCentreville
Tjurg
0U
v
KTiona
/*"
rUf"
|% ^«
.vl/
£*
I"*
Connetfutville
I
\
^
*/
u-
R.
I
INES
Ed inborough
Q Shadeland
ml
Jefferson
^
o
HKeepville
/
.*W'
\shtabula
L,
v
_>
Russell
J
J/Saegertovn
1 rf«
1, °"°'
K4S5Sii#
2
™
-
Vanderg rift J
SheffieldN
fridioute
Jmeadville
Meaoville Jc.
Kane Jci
o "Wayne Cen.
rov\
Sheffield Jc.
iCoehranton
'
,o»
Marien
C
B>tfe« an ^°
XstoneborcTylersburg
r aoV
:
Xa t lmerj*-
o
Duhrings
_^§*
<•*•*
Millstone,
.
Sharoo Jc
CJar
w
>
Sigel
SWarren
^^7
sNiles
»2|^
\
r
Ixsjy
^KYoungstown\
.
*
\
HaseltontCsy-..
New
r'oxburg
Mines
\Letonia
Troy
feUgo Fur.
/
COALTOWN JC.^—wj.
I^r zV
CasifiH
il
1NI
'
™
/
Porter;> villi
-
Brooksville^
——^y
*": -^b^feSSaWp,,^
^^pBRANCHTON
Jc
Canfield
>^ PX-7
,-X^^CAIIegh^{y
V
Leesburg
_y"Clarion
Mahoning
—=^—j prrrT
MAP OF THE
VampumVS YA
**/
S7-
Hill
/VVurtoiuburg
3lQa[ulee/^c*,
^lackin
Itenfrew Jgf«
fi_
„
PITTSBURG, BESSEMER
pinker
AND
.~>elano
.-\je«tev*
^°°
Callery
Jc^a
^Q.Meharg
1
JMars^
I
lv
A*
p
"o;
**««»
I)owneyville
'^j. *>
prrT9,
ButJej.
7S
iHouseville
Talencia.1
!
CuhuerviJ
O
V-
\
Glbsonlajp
la
"W'oodlawnl
"ffiiawoodj
Rurainfidge
Semples
aarraarTiUe
p.rorath
JElflnwood
aCEendalL
ElUoftsviHe^
Vostour
Jc.
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JrNorth Bessemer
Allegheriv^
Allegh"enyX^^
rmperialo-^^
\^*X%
*>>"
Pitt^rgK*
Bu nnnghfmS^jB E S S E M E R
iUansHeldo
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scliburg
,
'^
j.
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^
LAKE ERIE RAILROAD
AND CONNECTIONS
Jleg"heny7c.
^SBj&SVBrintons
C^HOMESXCAij
7
^^
duQUESN
\
^)
BI»IrSTUle
..^BlackXick
116
INVESTORS'
SUPPLEMENT.
[Vol. LXXIII.
—
)
UCTOBER,
RAILROAD STOCKS AND BONDS.
RAILROADS.
Miles
For explanation of column headings,
on tirst page of tables.
Pittsburg Cin. Chic.
<£ St.
<fec,
L.—(Oon.)—
see notes
'g.o'
g.o*
C." g.o* 1,095
*:
Con. M., $75,000,000, gold, guar. p.&l.
by Pennsylvania Company. F
<
-
'
" D,"g.o*
l"E,"g.o*
Pittsb. rieve. <t Toledo— 1st M., gold, Int. guar. B.A O.
F\ttsb.Ft. Wanned O.—Gen. stk.,7 p. o. guar. Pa. RR.
Guaranteed special Imp. stock, 7 p. o. guar, by end
1st mortgage, series A to F
do
series G to M
2d
3d mortgage
Sink, fund, oumula-
>
tlve,
J
not drawn. o*
>
Date
Size, or
Amount
of
of
Par
Road. Bonds Value. Outstanding
(" A,
I
(end.)
77
470
470
468
468
468
Pitts J.Eb.d ti .- A.&B C Ter.RR..lstM.g.,gu p.&i c*
rtttsburq la action— Stock, common
Preferred ($480,000), 7 per oent. cumulative
3
INTEREST OR DIVIDENDS.
Rate per When Where Payable, and
Cent.
Payable
Whom.
I
—
dm
OP c
50
71
1878
71
is mi
25
1806
1884
1882
1884
1888
1890
1886
"57
57
28
15
63
MER &
1,000
1,000
"50
1,000
1,000
1,000
1,000
1,000
is so
1,000
1899
1,000
Lake Erie.
50
77
77
"3*6
210
1895
1,000
1878 io6"&c
1887 $1,000
First consol. mortgage 4*as of 1895
p. 7
for $l.60»).ooo in treasury June 30, 1900; bills payable outstanding
$25,390; judgments due B. A o. and Pitts A We*t>-rn, $16o,743;
In Maroh. 1900. the B. A O. agreed to purchase, on or before Feb. 1,
1903, the *2,400.000 P. C. A T. 1st 6s (or not less thau 70 p. c. thereof)
at 125 per cent and interest, with the option by the bondholders to exchange for new securities under any plan approved by B. A O. prior to
that date.— V. 70, p. 633.
Earnings— Year 1899 00, gross, $1,220,676; net. $373,775; interest,
taxes, etc, $346,589; balance, surplus, $2 7,186. In 1900-01 July 1 to
June 30, gross (12 mos.), $1,318,301; in 1899-0, $1,220,676.— (V. 70,
of April, 1896.)
,
p. bi>3).
Wayne &
Chicago By.- (See Map Penn. RR.)—
Pittsburg, Pa., to Chicago, 111., and br., 470 miles.
Double track. 271 miles, of which part was built in 1893. In July, 1900,
66 milts of additional second track was under const ucllon.
Lease, &c. —Foreclosed Oct. 24, 1861, and reorganized. From July
rental pays in1, 1869, leased in perpetuity to the Penn. RR.;
terest, sinking fund of debt and 7 per cent on stock, pay able Q.-J. The
lessee keep* oad in repair and pays taxes and expenses.
In July, 1901, an extra dividend of 2 per cent was declared on both
stocks, but it will be paid on the guaranteed special stock only in case
the courts hoM that 6tock entitled to it.— V. 72, p. 821, 1188.
Capital Stock.— The special improvement stock is Issued to Pennsylvania RR. for improvements, Ac, under article 16 of lease, which
frovides that the lessor may issue special bonds or stock. See V. 50, p.
39, and wording of endorsement in V. 56, p. 774. The special stock
1b In all respects subject to the general or prior stock and "to the
rights oi ho ders of said general or prior stock to have distributed to
them in quarterly instalments an annual dividend fund of $1,380,000
free of all taxes." This special stock is issued from time to time for
betterments; in 1898, $335,300; in '99. *824,907; in 1000, $1,002 700;
in 1901, $1,291,200. Ot the $2 ,323,900 guaranteed special stock outstanding Dec 1, 1900, the Penn. RR. and Penn. Co. owned all but
Pittsburg Fort
Road.— Owns from
'
$l,17.*,.i00.
Bonds.—The first mortgage is in series of $875,000 each and second
mortgage of $860,000. Of the above 1st mortgage bonds, $3,7oO,0 3
and of the second mortgage $3,954,360, and $2,632,071 cash, were held
In the sinking funds Jan. 1, 1900.
Report.— Report for 1898 in V. 69, p. 127. In 1900 profit to lessee
was $349,305; loss in '99, $562,804.— (V. 72, p. 1188; V. 73, p. 663 )
Pltt«hurg
Johnstown Ebensburg A Eastern RR.— Owns
Frugality to Pliillipsburg, Pa., 34 miles; extension Frugality to Juniata o be completed about Sept. 1901; leases for V90 years Alto na
A Beech Creek Terminal RR., Juniata Jet. to Al oona, 3 L4 miles, guar
anteeinK its $150,000 5 percent g Id bonds, pria and D t
V. 73. p.
81,139. Stock authorized, $1,500,000; outstanding. $1,200,300; no
bonded or floating debt in July, 1901. In Aug., 1901. operation was
temporarily suspended. Year ending Aug. M, )9oo, gross, $65,469:
net, $22,396.
Chairman of board. John F. Finney; President, Samuel
P. Lan^don. Philadelphia, Pa.— (V. 73, p 139, 445.)
r
Pittsburg Junction RR.— See V. 67, p. 688, 788, 954, 1056. B.
is in control, owning all of the securities except $845,150 comstock $9d9.000 tirst 6s $270,000 second 5s and $219,000 Terminal Co. 5s. See B. A O. and V. 69, p. 1063, l192 and V. 70, p. 77.
Pittsburg A Lake Erie RR.— Owns from Pittsburg, Pa., to
A 0.
mon
Youngs iown, O. 68 miles; branch lines to Newcastle, Pa. 3 miles total
owned, 71 miles (of which 67 double track); leases Pitts. McKeesport A
Yough. (which see), 103 miles; Mahoning 8tate Line RR., 3 miles, and
Beaver A Ell wood RR., 3 miles total operated, 1^0 miles. Extension
from Fayette City to Brownsville, 9 miles, under construction in Ocr.,
1901. Owns $139,850 stock of Pitts. Chartiers A Yough. P. A L. E.
is operated in interest of L. 8. A Mich. So., which owns $2,675,696 of
stock. Real estate mort. Dec. 31, 1900, $187,500.
Dividends.— < 1884 to 1891.
1893 to Aug. 1901.
1892.
Per cent. (
6 yearly.
10 yearly.
8
Annual Report.— For year ending Dec. 31, 1900, gross, $7,145,023:
net, $1,699,510; taxes, $115,700; interest, $220,000; rental, $473,422;
,
,
;
;
other, $9,462; dividend (10 p. c), $400,000; bal., surplus, $480,924;
In 1399, gross, $5,875,271.-(V. 72, p. 1185.)
A Western Ry.— New Galilee. Pa., to Lisbon.
V5 miles; trac-age, 3 m.; total, 28 miles. Stock, $200,000; outstanding, $150.<>00; par, $50. Year ending June 30, 1900, gross,
$r>6,422; net, $13,685: charges, $9,912; bai., snr.. $3,7 3.
Pres. and
Treas., A. S. Comstock; Sec R. W. Taylor. Office, Lisbon, O.
Pittsburg Lisbon
O.,
,
Pittsburg McKeesport
& Youghiogheny RR.— Owns
from
Haven, Pa., 57 in.; McKeesport to Fayette City, Pa., 31 m.;
branches. 13 m.; leases 2 m.; total, 103 m., of which 31 m. double track.
Lease.— Leased to Pittsburg A Lake Erie RR. for 999 years. Rentai
Is 6 per cent on the stock, principal and interest of the Pittsburg McK.
A Yough. bonds being guaranteed by Pittsburg A Lake Erie and Lake
Shore A Michigan Southern companies, the guaranties being endorsed on
the share certificates and bonds. The guaranty of the stock is on the
express condition that the holder shall accept par for the same on July
4
i'.
A^^ ee^ w0rding of guaranty in V. 56, p. 774. Stock authorized,
$4,000,000 first mtge. bonds authorized, $2,250,000 2d mtge. bonds
authorized, $1,750,000.
Profit to lessee In 1900 $2,098, of which
one-half was payable to the Lake Shore A Michigan Southern.
Pitts, to N.
^
;
;
K<,,uls~PrtiVBlpal, When Due.
by
4i« g. A. & O. N. Y., Farmers' L'n ATr.
1890 $1,000 $10,000,000
1802 1,000
do
do
8,786,000
4^ g. A. A O.
1892 1,000
do
do
1,379,000
4»a g. M. A N.
4 g. M. A N.
do
1895 1,000
do
4.983,000
do
do
1899 1,000
34) g. F. A A.
9, 5 3 9. 000
6 g. A. A O. N. Y., Cent. Trust Co.
1882
1,000
2,400,000
100 19,714,286 See text. Q.—J. N. Y., Winslow, L. A Co.
do
do
1871
100 22,615,100 See text. Q.—J.
Various
do
do
1862 500 Ao
7
5,250,000
18(12 500 &0.
Various
do
do
7
5,160,000
do
1862 500 Ao.
7
A. A O.
do
2,000.000
1901 200 Ac.
150,000
5 g. J. A J. Com Tit.LATr.Co Phil,
50
1,460,000 2 in 1900 October
50
7
480,000
Bouds-see Baltimore & Ohio statement.
Pittsburg if Lake Erie Stock
c
1st mortgage, gold
o
2d mortgage, gold, 8eries A. & B.!V
Pittsburg Lisbon if >Vrxter->—\ st mortgage
Pittsburg MrK.it Tough.— Stock, guar., see text
1st mortgage, guar, by P. A L. E. and L. 8. & M. 8.0
2d M, gu. p.Al. (end.) by P. & L. E. and L. S. <feM. S.c
McKeesport * Belle Vernon, 1st M., g.. ass'd. FP1
o*
Pitts. Ohio Vol. <t Cm.— 1st M. gold, s. f. not
Pittsb. Pamesrille d Fairport—1st M., gold, int. gu.O*
Terminal mort., interest guar, by Pittsb. A West.
Pittsb Shawmut d .Vo.— 1st .VI. g..$12,000,OOOColo*
Pitlsbuig Sh> nangod L. E.— See PITTSBURG Besse
Pittsburg \'irginia d Charleston— Stock ($6,000,000)
Cons. M.,now 1st g., s. f., not dr'n, ser. A.
Pittsburg d Vnsterii— Rec'rs ctfs. June 1, 1901
1st m., ext. in gold, Pittsburg Newcastle <te L. E..
1st (oonsol.) mortgage for $10,000,000, gold....o*
Supplement
117
'
'901.1
4,000,000 10 in '01
2,000,000
6g
5 «.
2,000.000
150.000
5
6
3.959,650
6
2,250,000
900,000
6
600,000
6 g.
290,000
5g.
1,000,000
5g.
250,000
5
5,000,000
5g.
F.
J.
J.
J.
J.
J.
J.
A.
J.
J.
F.
3,772,300 7 in 1900 M.
3,431,000
4^ g. A.
1,392, 00
4 to 6
219,000
4g.
9,700,000
4 g.
Stocks— Last
Dividend.
Oct.
Apr.
Nov.
Nov.
Aug.
1,
1,
1.
1,
1,
1940
1942
1942
1945
1949
1922
Oct. 1,
Oct. 8. '01, is*
Oct. 1, »01, 1%,
July
July
July
Jan.
1,
1,
1,
1,
1912
1912
1912
1931
Oct. 9, '00.
2%
May, 1901,3*2
A A. Pittsburg, Co.'s Office. Aug. 1/01.5%
do
do
Jan. 1, 1928
A J.
A O. N. Y., Security A Tr. Co. Jan. 1, 1928
July 1, 1926
N. Y., 81 New St.
A J.
A J. N Y., Union Trust Co July, 1901, 3%
do
do
July 1, 1932
A J.
July 1, 1934
do
do
A J.
A J. Pittsb'g, Fidelity Tr.Co. July 1, 1918
A O. Phila., Broad St. Sta Oct. 1, 1920
A J. Jan. 1900. int. last paid July 1, 1916
do
do
July, 1916
A J.
A A, N. Y., Colonial Tr. Co. Feb. 1, 1949
A N Philadelphia Office, May 1, '01, 3>fl
&
do
O.
do
Apr.
1,
1925
3sma
A D. Allegheny,Pa.,lstN.Bk. June 1, 1917
A J N.Y..J.P.MorganACo. July 1, 1917
Pittsburg Ohio Valley A; Cincinnati RR.— Owns road Bellaire, O., to Powhatan, O., 15 miles. Operated for cost by Pennsylvania
Company in connection with Cleveland A Pittsburg since Deo. 1,1892.
Stock, authorized, $1,500,000; outstanding, $300,000; par, $50. Trustee of mortgage (for $1,500,000), Fidelity Ins., etc., Co. of Phila. Year
ending Dec. 31, 19oO, gross, $6,481; def. under oper. exp., $33,710.
RR.—
A
Fairport
Owns Fairport, O.,
Pittsburg Painesville
to Youngstown, etc.O., 53 miles. Operated at cost by Pittsburg A West
ern, but interest on bonds is guaranteed.
Over 90 per oent of the
tiri-ts and a majority of the terminal bonds has been deposited with
the protective committee, C. J Lawrenc--, Chairman; Mercantile Trust
Co., depositary, an I the property will probably >ie included in the
Pitts. & West, reorg plan to be issued during 1901. V. 69, p. 230,
542; V. 71, p 182, .<4t
In June the certificate holders received an
offer of $1,129 10 flat per $1,000 boud.- V. 72, p 1188. Common
stock, $800,000; preferred $250,000 (par, $100), of which in 1892 the
Pittsburg A Western purchased all the common and $160,000 preferred. For 12 mos. ending June 30, gross, $475,279 in 1900-01, agst.
$460,713 in 1899-00.
For year endinc June 30, 1900, gross, $460,713; net, $122,209; int.,
taxes, etc, $136,734; balance, deficit, $14,525. In 1898-99, gross,
$402,123; net, $107,098- (V. 71, p. 182, 343; V. 72, p. 1188.)
Pittsburg
Shawmut A Northern RR.—Road— To,
be,
when
completed, a short route from the bituminous coal fields in Elk and
Jefferson counties, Pa., northerly to Macedon (on the N. Y. Central A
Hudson River RR.,), including branches, 350 miles. Of the first division, Wayland to Shawmut, Pa., [228 miles] 158 miles in operation,
viz., Shawmut to Clermont, Pa., 51 miles; Olean to Bolivar, 18 niHes;
Ansrelii-a, Pa., to Hornellsvile, N. Y, 35 miles; Homellsville Junction
to Wiylatid, 11 mi es; St Mary's to Weedsville, 18 miles: Mt Jewett
to Larabee, 2 miles; operates undertraokage rights Penn. RR between
Clermont and White House, 18 miles; also leases Clarion River Ry.,
Croyland to HalltoD, Pa
2 miles.— (V. 71, p. 1270.)
Organization.— A consolidation in 1899 with proposed extensions
of the Central New York & Western and Buffalo St. Mary's A Southwestern RR., with contiguous lines in Western Pennsylvania and New
York See remarks of President Byrne, touching failure of brokers
who purchased the bonds, in V. 72, p 12-0; V. 73, p. 663.
Stock and Bonds.— Siock, all common, authorized, $12,000,000;
issued, *6,00<>,0<i0 par $100. Of the bonis, $n,000,000 were authorzed on the 228 miles above ment oned, built and projected; they are
further secured by first mortgage upon the 9,814 acres of coal lands
owned by f-hawmut Mining Co., whose stock is owned by the Railroad
Co., and has been deposited wi h the trustee under the mortgage.
No bonds in excess of $6,000,000 are to be issued until additional
coal lands capable of producing 1,500,000 tons of coal per annum have
been placed under the lien of the mortgage.
Earnings —On the completed portion, 158 miles, earnings for the
year ending Jan. 31. 1901, were: Gross. $550,733; net, $251,544; interest, taxes, etc., $24 1, 000; bal.,sur., $10,544.
Officers.— President, Jonn 8yrne; Vice-President, General Counsel
and Assistant to the HTes., Frank S. Smith. Office, 4a Wall St.— (V.
71, p. 1013, 1270, 1280; V. 73, p 237, 663.)
Pitts. Shenango
Lake Erie.— See Pitts. Bessemer &L. Erie.
,
1
A
& Charleston Ry.— 8outh Pittsburg, Pa..
77 miles. Oper. by Penn. RR., which owned
Jan. 1, IhOI, $3,382,050 stock, and all the bonds, and pays net earnings as rental, the oonds being pledged under " coll. trust of 1883."
Pittsburg Virginia
Ac,
to Brownsville.
Dividends.—
>
Percent...)
Pa.,
55355 556
'92.
*93
'94.
'95.
'96.
'97.
'98.
'99.
1900. 1901.
7 May, 3i»
Earnings.— Year ending Deo. 31, 1900, gross, $2,347,860; net, $937,797; other income, $15,756; fixed charges, $689,4 93; dividends (7 p. c).
Pittsburg
Western Ry.— (See Map of Bait, d Ohio.)—TtOAJJ—
Lines owned in fee
Miles. Elwood Short Line
Allegheny, Pa., to N. Sewickly. 46
N. Sewickley to Rock Point.
3
Rock Point, Pa. to Sew Castle 11
Miles*
Leased and controlled
Frisco to Crowthers
6 Pitts. Cleve. A Toledo U
77
Callery J unc to Foxburg
44 Pitts. Painesville A Fairport IT. 53
3-ft. gauge lines to Jewett, etc. 103
(Double track
343
Total (U see this co.)
23)
Receivership.— President L. F. Loree of B. A O. is receiver.
(V. 72, p. 1238.) Receiver's certificates (1st series) for $500,000 are
subject to lien of fir9t mort. 4s for $10,000,000. A sreond series of certificates for $400,000 was authorized in 1897, and made a lien prior
to 4s of '89. V. 65, p. 70. In 1898 permission was obtained to borrow $500,000 from the Buff. Roch. A Pitts. Ry. on 5 per cent certificates, proceeds to be applied for improvements, etc. V.67, p. 1111.
Of the $1,392,800 receivers' certificates outstanding. $400,000 bear 4
per cent interest-, $210,000 are 4»ss, $310,000 are 5s and $472,800 are
6s. In 1898 purchased Ellwood Short Line. V. 66, p. 1090, 1190. Sold
on Oct. 9, 1901, under the 2d mort to the B. A O. V. 73, p. 445, 785.
In 1900 the Baltimore A Ohio had acquired the greater part of the
$10,000,000 first, mortgage 4s (mostly originally deposited with J. P.
Morgan A Co.—V. 67, p. 1264 V. 69, p. 7«5), which will be retired or
exchanged for a B. A O. bond.— (V. 70, p. 280); also a large part of
the second mortgage bonds and a majority of the capital stock.
Stock.— Common, $8,500,000 preferred, $5,000,000, 5% non-cum.;
par, $50. Bait. A Ohio owned June 30, 1898, $6,515,000 com, stock,
and in Aug., 1900, arranged to acquire the greater part of the pre-
A
—
—
,
;
;
INVESTOES' SUPPLEMENT.
11$
[Vol. LXXIII.
Subscriber* will confer a grmi favor by giving Immediate notice of any error discovered In these Tables.
Bonds— PrinoiRAILROADS.
.... o
„.
INTEREST OR DIVIDENDS.
Miles ^
Date Size, or
pal.When Due.
Amount
of
of
Par
For explanation of column headings, Ac, see notes
,w„,„, ,.,,,. Rate per When Where Payable, and by Stocks— Last
Road. Bonds Value, "uwtanamg Cen £
on first page of tables.
Payable
Whom.
Dividend.
.
I
rf West' n—f Con.) — 2d M
$3. 500.000,gold.O*
Foxburg Bridge Co. 1st M., guaranteed by P.A W.
Ellwood Short Line, 1st M., gold, gu. by P. A W
PUtsb. Toungst. rf .i**/aO.-Tom. st.uk. $2,000,000
PUtsb.
.
3
125
125
62
125
15
100
42
42
Preferred stock. $2.000.000
Ashta. A Pitt-!-. 1st M.Yngst'nto Aslit.c'.v Fl'r.
Consol. M. for $4,000,000) s.f. 1 p.c, not dr. F •»"
Plymouth <t ltiddlcboro,ls\ M.int. gu.bv Old Col.c*
Pontine Oxford J: .VorM. — 1st M.,g.,$400,000 Tic.. *
PI. Jerris Monticello <i N. T.—l»x M.. ($225,000) gold
1st consol. mortgage, ($75,000) gold
Portland i" Rochester—See Boston A Maine RR.
Portland J Rum ford Falls.—Stock
Consol., now 1st, mort.. $1,000,000, gold. OB. o*
o
Plain bonds, sinking fund, gold, $350,000
Porllind I'mon Ky. Sta.— 1st M.. SOT. •'AAB,"gu.8.f
Port Reading.— 1st M.. g.. guar, by old P.AiK....o*Ar
i
0'
Springfield— 1*1 M. gold
Stock (10 per cent rental).
lBt M.(refund'g),cur.. $1,500,000. V.03,p.l064.c*
Ouahertown tr Eastern 1st mort gold GuP-.O*
Queen Anne's RR.— 1st mort,, $12,000 per mile.
Prior lien M., red. at 103 to 1908, then par
Consol. mort $1,400.000
it
<*
64
,
.
!
Income mort.,
* 600, 000
RR. —
Qiiincy RR. Bridge Co.— Stock, 10 per cent rental.
Railroad Securities Stock, com., $12,500,000
Pref. st< ok, 4 per cent earn., $7,500.000
Mort., gold, see. by ooll.. $10,000,000. text ITs
0. O.
50
50
100
1896
1.000
1897 500 Ao.
1887-9
K. C.
<t
100
100
100
I
1901
I
1.000
ferred stock from the Higgins Protective Committee at $12 50 i er
(V. 71, p. lc>3, 238. 391.)
Bonds. For abstract of first mortgage (trustee. Mercantile Trust
Company) see V. 45, p. 439. Second mortgage for $3,500,000 Is a first
lien on terminals at Youngstown, O. Of the $3,500,000 seconds given
an outstanding, $1,360,000 unsold June 30, 1898, it is understood are
pledged for loans. See mortgages, etc., p. 7 Spp't. of April, 1896.
Oocpons.— Interest on 2d mortgage 5s due May 1, 1896, was no*
paid. First (consol.) 4s, interest paid regularly .including July 1, 1899General Fin ances.— On June 30, IS 00, there were real estate mtges'
$333,375; bills payable, $2,226,667; our»vnt liabilities, $1,330,715.
Contra : Advances to subsidiary roads, $1,139,580; materials, etc., on
hand. $283,864; current assets, $1,194,855. Car trusts June 30, 1900,
$852,046, including interest; receiver's certificates, $472,800 of 6s
•hare
-
—
and $1,045,000 of 5s.
Gross,$40 7 858; net, $158,862
Earntnos.-1 mo..
< 1901
Gross, 331,789; net, 126,494
Julyl to Jul\ :n
(1900
Report.— For 1899 00 (V. 71, p. 1009), including leased lines:
Balance.
Net.
Othe-- inc. Int. <£ taxes.
to June 30—
Gross
1900 01
$4,080,686 $1,534,030
,
1899-00
1898 99
1897-98
-(V. 72,
3,335,034 1.337,861 $3,726 $1,076,652 sur.$264,935
1.052,951 sur.
22,312
3,309,935 1,075,265
969,415
1,007,562 def.
38,167
3,221,406
373, 1233; V. 73, p. 33, 445, 735.)
p.
Youngstown & Ashtabula RR.— Owns Kenwood,
Pittsburg
Pa., to Ashtabula Harbor, O., 99 miles; Niles to Alliance Junction. O.,
S5 miles; Canrield Branch, 1 mile; trackage, 3 miles. Total, 128 miles.
Organization.— Leased August 1, 1887, to Pennsylvania Company, which Jan. 1, 1901, owned $375,000 common and $1,550,000 preferred stock; rental net earnings. Lease terminable at cither's option
Dividends. ) 1890. 1891. 1892-95. '96. '97 to Mar., 1901, Sept.,'013 -«
Common, p. ct. S 2>s
3
6 yearly. 6 1* 6 p. c. yearly.
On preferred, 1888 to Sept., 1901, 7 per oent yearly (M. A 8.)
Bonds.— Bonds of 1887 are reserved to retire 6s.
Eajuclngs.— In year 1900, gross, $2,089,683; net. $739,932; oth*>r
Income, $9,073, lnt.,«l68.100; improvements, $86,685.— (V.73, p. 616.)
Plant System.— (See Jtap, page 128).— This system, so-called because of the large Interest owned In it by the Plant Investment Co., of
which control is held by the estate of the late H. B. Plant, under w hose
will the executors and trustees have 'he power during the trust (see V.
69, p. 32) to rranage and dispose of it at their discretion. Robert G. Er win
Is now President.
It unites Charleston, S. C. with Montgomery, Ala.,
and also with Tampa and other Florida points. The system includes
the following roads, described under their own titles.
Miles.
Mi'es,
Savannah Florida A Westernl,635 Other
Florida Southern
Sanford A St. Petersburg
St. Johns A Lake Eustls
244
153
48
98
lines.
2,178
Total
(V. 69, p. 82.)
RR.—
A New
York
Owns Port Jervls,
Port JervU Tlontlcello
N. Y., to Montlc llo, X. Y., 24 miles, and Huguenot to Summitville, 18
miles. Stock authorized, $500,000; outstanding. $409,100; par, $50.
June 30, 1900, loans and bills payable. $< 9,253; oar trusts, $2,204.
In year ending June 30. 1900, gross, $58,581; def. under oper. exp.,
$57,01 1.— (V. 67, p 275; V 70. p. 946; V. 71, p. 556.)
Portland A Rnmford Falls Ry.—Owns Rumford
to OtU Falls,
to Lewlston, 4 m.; total operated
ford Falls, 54 miles
Rumford
;
bnmoll
A
Jet. to
Rum-
10 m.; trackage (Me. Cent.)
68 miles. Controls Rum-
Rangely Lakes RR., 31 miles of track— V. 69, p. 954.
1896
1897
1893
1900
1901
1899
)
Per cent.
4
4 Incl.,Sep.,4i2
4
6
Annual Report. —Report for 1900-1 was in V. 73, p. (1).
ford Falls
Dividends—
Tear—
1900-01
M09-0O
{5
Int., tax., etc.
Pratt.
$440,10o
... 377.178
1175,146
$64,48o
Dividends.
Bal.,sur.
$65,000
40,000
60,000
$45,716
(5)
<4>
(6)
59,1 ll
30,002
129,729
:-34,741
1898-99
150,475
61,576
28,899
V. 71, p. 911; V. 72, p. 1188.)
-(V. 67, p. 95 1; V. CO, p. 954,
Portland I nlon Railway station.—Stock, $50,000. Bonds
A Maine an'l Maine Central.
Port Heading RR.—Owns 20 m. of road, completed In Sept.
guaranteed Jointly bj Boston
1892,
from Bound Brook, N. J., to Htaten Island Hound, where extensive
Capital stock authorized $2,000,000—
terminals were established.
par $100, all owned by Reading Company, $1,555,000 belriK deposited
1897 and $140,000 under Jersey Central
under its general mortgage of
collateral mortgage —(V. 55, p. 544. 639. 680.)
Port Royal A Augusta RR.— V. 72, p 676.
I
Potomac Valley RR.—Opened
Md to Cherry Run, W. Va.,
In Sept,
on the
1892,
A
Potomac Valley
14 miles, and
31 miles.
Capital
from Porters, Pa., to York, Pa.,
Stock, $500,000 ($50 shares). Leased to Western Maryland, the bonds
of 1941 having principal and interest guaranteed, lolntly and severally, by the Western Maryland RR. Co. and the Baltimore A H.irrlsburg
By Co., and being so endorsed. The bonds havea sinking fund of 7-lu
Of one p«-r ;ent. In April 1, 1901. fl, 100, 000 bonis were outstanding, but add'
nds were authorized to be Issued for improve
June,
,
B.
17 miles; total,
$2,150,000
5 g. M.
6
M.
81,000
300.000
5 g. F.
1,333,342 6>*1n'01 M.
1,700.000 7 in 1901 M.
F.
1,500,000
6
M
1,562.000
5
225,000
5
J.
400,000
6 g. J.
225,000
4^g. .].
1878
1.000
1887
1.000
1892
1896
1,000
1894 100 Ac
1896 100 Ac. N'eJuno.'OO
20
—
,
1,000
1,000
1891
1.000
15 1891
1,000
40 1898
1,000
I mknt (Bro oklyn R
28 1892
1,000
51
....
100
51 1897
1,000
15 189"
500
60 1895
1.000
1901
....
190!
....
1901
....
....
irorr«*frr
—
$1,000
5
g.
J.
I
PotomacTalUu— 1st M.$2,000,000,g,gu:HeBa o*Ar
PotosiJ Ri<> rtrde let M..$15,000p. m.,s.Ln«.e*
Prosp. Park 4 0. /.—See 8tkekt RAILWAY SrPi'L
Providence
Provulence
1S91
1882
1S90
O.,
A
A
A
A
A
A
—
"
5
10
4
5
5
5
I
A J.
Q —M.
A A O.
g J. A J.
J. A D
*•
1941
1902
June
&
A
& D
%*
750,000
3,500,000
1,500.000
180,000
720,00)
33<\000
Sept. 1,
1916
1,
New York City.
Aug., 1920
N. Y..Fanu.L. ATr.Co. Fep. 25,'0 1,3*3
N. Y., Far. L. A Tr. Co. 9ep.2S'01,3>fl
S.
A Phila., Fidelity Tr. Co. Aug. 1, 1908
N N. Y., Farm. L. A Tr. Co. Nov. 1, 1927
Boston.
J
Jan. 1, 1912
J N. Y. Merc'le Trust Co. July l, 1916
In default.
D
June 1, 1944
1,500,000 See text. Q- M.
992,000
g M. & N.
*
350,000
4 g- F. A A.
4
300,000
J. A J.
1.500,000
5 g. J. A J.
See text.
J. A J.
400,000
6 g. A. A O.
apid Transit .)
I
May
N. Nov., '95, coup, last pd.
8. N. Y., Union Trust Co.
J.
1,
Portland, Me.
Sep. 30.'01,li«
Boston, Old Colony Tr. Nov. 2, 1926
Boston and Portland. Aug. 1. 1927
Portl'd. Me. A boston. Jly'27,Jan.'29
Philadelphia.
Jan. 1, 1941
Baltimore, Hlllen St'n. Jan. 1, 1941
N. Y., Co.'s of., 27 Wm. Oct. 1, 1918
I Hospital Tr. July 1. 1922
Providence, Office.
Sep 30,'01, 2*9
Prov., R.
Prov., R.I. Hosp. Tr. Co.
Quakertown, Pa.
M.
&
S.
Baltimore.
J.
A
J.
Boston.
J
A" J.
1, 1947
l, 1927
1945
Moh. 1, 1951
Oct.
Jan.
4 to 5
4
(!)
(?)
See text.
1.750.000
3,600.000
2,000,000
8,000,000
"id"
3>«g.
'
New
July
York.
1, '01,
5%
Jan""l,"i951
ments. estimated to cost $142.650.— V. 72 p 676 Earnings for year
ending Sept. 30, 1900: Gross, $307,121; net, $172,237.-(V. 66, p. 130.)
Potosl
6c
RIo Verde Ry.—Owns a narrow-gauge
road from City
of San Luis Potosi, Mexico, to Haoienda Alvarez, 40 miles. Has concessions for 99 years, expiring Nov. 4, 1985, when railroad becomes
the property of the Mexican Government. Company Is exempt from
taxes and import duties for 15 years. Bonds are subject to call at 110
and interest on any interest day. Pres., Robert S. Towne; Sec, C. J.
Nourse
Jr.,
27 William Street,
New
York.
Providence A Springfield RR.— Providenoe, R. I., to Douglas,
Mass., on the New England main line, 28 miles. Stock Is $517,450 (par.
$100), mostly owned by the N. Y. New H. A Hart. V. 61, p. 1014. Road
leased (terms modified in July, 1896.) to New England RR. till July
See V. 63, p. 30, and New England
1, 1989, at 4 per oent on stock.
RR. report V. 63,
p. 698.
The bonds were guaranteed by the N. Y.
New England (since foreclosed).— (V. 63, p. 30.)
Providence A Worcester RR.— Owns from
A
Providenoe. R. I., to
Worcester, Mass., 44 miles, of which 5 miles are owned jointly with
Boston
Providence; brandies, 7 miles; total owned, 51 miles;
From July 1. 1892, leased for 99 years at 10 per cent per annum on the
stock to the N. Y. N. H. A Hartford.— (V. 63, p. 1064.)
&
Quakertown A Eastern RR.— Quakertown
Pa., 15 miles.
President,
Riegelsville,
to
Stock, $180,000, all outstanding; par of shares, $50.
John Jameson; Sec, Henry S. Funk; Treas
F Baker. Office, Quakertown, Pa.
,
James H.
Shelly; Gen. Mgr., A.
Quebec Bridge Co.—See V. 70, p. 946; V. 71, 603.
Quebec Central Ry.—V. 72, p. 88, 1035; V. 73, p. 66
Quebec Sc Lake St. John Ry.— V. 71, p. 183, 391; V. 72, p. p. 989.
Queen Anne's RR — Queenstown, Md. to Lewes, Del., and
!.
Rehoboth Beach on Atlantic Ocean, 60 miles. Pennsylvania tracks
used between Lewes and 'Rehoboth, 6 miles; branch, Queenstown to
Centerville, 6 miles; total, 72 miles. Branch, Queenstown to Love
Point, 12 m about completed in Oct., 1901. Stock, $720,000. Guar.
Trust & Dep. Co. of Bait. Is trustee of first mortgage, In Feb., 1901,
were Issued .+330,000 prior lien bonds for eittensons from Queenstown to Love Point, 12 miles, and to Centerville, 6 miles, ana for equip4 per cent for three
ment, etc.; also, consols, bearing interest
years and 5 per cent thereafter, of which $732,000 to retire th*i old
prior lien bonds and for Improvements and $600,5s. balance to retire
000 income bonds.— V 72, p. 283 Year ending Juno 30. 190 >. gross,
$103, *97; deficit under op. exp $8,836. President. William H. Bosley, Baltimore; Sec, A. H. Taylor.— (V. 70, p. 532; V. 72, p. 283.)
Qulncy Carrollton A; St. Loul< Ry.— Owns Harnett to Columbiana, 111., 52 miles; trackage, Barnett to Litchfield, 6 miles;
Successor to Litchfield Carrollton A West. RR., foreclosed Nov. 26,
1898 (V. 68. p. 40); V. 68, p. 233. On Jan. 17, 1900, transferred to
Dwight C Morgan, of Dwlght, 111., representing the Chicago A Alton Interests. Stock, $500,000. For 6 months ending June 30, 1899,
gross, $22,011; net, $1,951.-(V. 70, p. 176, 1292.)
Qulncy Omaha A Kansas City RR.—West Qulncy to Trenton,
Mo.. 133 miles; trackage (C. B. A Q.), to Qulncy, 3 miles.
History.— In April, 1901, the $1,446,000 "non-preferred" certificates were paid off by the syndicate, each *l,000 certificate receiving
$713 53 cash; the $250,000 1st 6s also had been mo-tly redeemed.
- (V.72, p. 723.) See Kansas Northern Connecting RR.
Net.
Int., taxes, etc.
Balance.
Yearlt Earnings.— Cross.
def. $55,233
1896-7
$290,952 $72,646
$127,879
24,276
sur. 87.835
289,741 112,111
1895-6
— (V. 68, p. 773; V. 70, p. 1096, 1150; V. 71. p. 238, 544; V. 72, p. 723.)
Qulney RR. Bridge Co.—Owns bridge 1*43 miles long over the
Mississippi River at Qulncy, 111. Leased Jan. 1. 1869, during life of
charter, probably 100 years, to C. B. A Q. RR. at annual rental of
$175,000, which pays 10 p. c. on stock.
Rwtlroad Securities Co.— Organized by interests understood to
be allied with the Illinois Central. Chicago A Alton. Kansas City Southern, Union Pacific, etc (Harriman syndicate), to acquire and hold
securities of railroads. Stock, common. *12,500 000; pref 4 per cent
$2,' 00,000.
The
cu.n., +7,500,000; outstanding, $3 600.000; pref
$8 0(0 000 present issue or the 3hs are secured by a like amount of
(V. 72, p. 340.)
Illinois Cent, stock.,
H
,
,
.
Raleigh
Ra.rltfh
A Augusta Air
A Gaston RR.
Line
RR.
)
J
~
see a eabo ard Air ^ me
Heaooara Alr Line
Rapid Transit Subway Construction
Co. of
Rv
Ky
-
New York
lw, 19' 0. in New York to construct,
equip and operat- the rapid transit tunnel railroad in Ne v York. V.
70 p. 382. Construction is in progress, and road is expected to be
completed by the end of 1903. V.72. p. 481. In Sept., 1901, work
was more than one-quarter completed. As to contracts let, etc, see
See terms of contract, V. fl<\ p. 1063. In Oct 1901,
V. 73, p 663
extensi >n of tunnel to Brooklyn under the East River was under consideration. -V. 72, p. 1035, U36; V. 73, p 616.
Stock, $6,00 ,000; par of shares, *100, of which $50 paid in
January I, 1901. and the balance payable as caHed. V. 70, p. 280,
President, August Belmont; Vlce-Pres., W. G.
V. It, p. 392.
1 vj»>;
Oakman; Treas., Wm. C. Emmet; Sec, Fred'k Kvans.— (V. 73, p. 663.)
City.— Incorporated on Feb.
,
J
October,
:
KAILROAD STOCKS AtfD BONDS,
1901.
119
Subscribers will confer a great favor by giving Immediate notice of any error discovered In these Tables.
RAILROADS.
For explanation of column headings,
on tat page of tables.
<fco.
i
Date
Size, or
of
Miles
see notes
of
Par
Road. Bonds Value.
Amount
Outstanding
INTEREST OR DIVIDENDS.
per When Where Payable, and
Rate
Cent.
Whom.
Payable
Raleigh d Augusta- Raleigh <£ Oanlon-See Seaboard Air Lin e Ry.
c
18 1889 sfl.OoO
Raritan River Ry.— 1st mortgage, gold
$375,000
J. & J
40 1862 100 &o.
M. & S.
Reading & Columbia—1st mort. (ext. in 1882)... 0*1
650,000
c
40 1864
5
J. & D.
2d mortgage, coupon (extended in 1884)
1,000
350,000
c
J. & D.
Debentures
1877
1,000,000
6
1,000
74 1900 1,000 N'nt- Oot ,'00
Read'g Beit— 1st M g..$750,000,gti p.&l.end.GP.o*
4 g. M. & S.
Beadinf/ Company— Common stock
50 70,000,000 All stock in vot'g
per cent, non-cum
50
28.000.000 tin 1901 M. & S.
1st pref. stock,
2d pref. stock, 4 per cent, non cum
50 42,000,000
Gen. M.,$135,000,00O,g.,8.f.not8ubj.toeall.c*«fcr. Text. 1897 lOOO&c. 63.146,000
4 g. J. & J.
Jers.Cent.col.tr. M.g ,red 105 aft. '06.PePo*&r
1901
23,000,000
1,000
4 g. A. & O.
1.300.0H0
Wilm. & Nortli'n stk tr. ctfs.. g.,red. at 105 «Pr
Q.-M.
1900
4 g.
1,000
Car trusts, $3,600,000. $252,000 s a. beg. 1901..
1899
3,096,000
4g. J. & J.
Car. & mar. trusts, $^00,000, s. a.,beg. 1902. GP,
1901
1,000
3.VOO.O0O
4*2g. M. & 8.
Old I'll la. A Head. Kit. bonds under lyi
Gen. Mort. OF 1897.
Delaware River Terminal Pur. Money M., gold.c*
& N
1892
500,000
1,000
Delaware River Term. Ext. Pur. Mon. M., gold.c*
809,000
& J
1892
1.000
5 gBonds and mortgages on real estate
1,048,191
Old I'lilla. A Head. KB, bonds underlying Gen. Mort. OF 1897.
'60, Philadelphia to Pottsv. $<fc*.c
tlst M., ext. in
94 1843 $ & £
J. & J.
1,512,700
6
Mortgage loans of 1844,1848 and 1849
o
J. & J.
94 1844-9 1,000
954,000
6
4ifl
tMortgage loan of 1857 convertible
c
79,000
J. & J.
1857 500 Ac.
tMortgage loan of 1868, gold, extended in 1893.0 148 1868
1,000
2,696,000
5g. A. & O.
tConsol. mortgage ($8,162,000 are gold 6s)
o 254
1871 200 &C, 18,811,000 6 g. & 7 J. & D.
tlmpr't M.,g.,ext, in 97-^P See V. 65, p. 870, g. 325 1873
9,363,000
4 g. A. & O.
Consol. M.of 1882, g., 5s, ext. '97 (V. 65, p.278)0*
s^ee.^oo
M. & S.
327 1882
500&C
tTerminal mort, gold. See V. 64, p. 85
c*&r
Q.— F.
8.500.000
1891
1,000
5 g.
Mortgages on real estate
627,406
Philadelphia City Subway Loan, guar., $3,000,000
1894-8
2,700,000 H 3 & ~i*v
Bonds— Principal, When
by
Holland Tr. Co., N. Y.
Phila., Phil. Read.
RR
&
do
;
Jan.
Moh.
June
do
Deo.
I
-I
Due.
Stocks— Last
Dividend.
1,
1,
1,
1,
1,
1939
1912
1904
1917
Phila., Read. Ter. Bids, Sept.
19 5»
trust for 5 years or mo re.
N.Y., J. P.Morgan
Co. Sept. 10/01,2
&
N. Y., J. P.
Morgan&Co
Phila.,
Glrard Trust Co.
Drexel
& Co., Phila.,Pa.
do
do
Jan. 1, 1997
Apr. 1. 1951
When drawn.
Jan'02-J'ly'O7
Mar'02-Sep'01>
I
do
do
May
20,
July
Phila., Guar. Trust,
1,
1942
1942
t
I
1
191»
1916
July, 1910
Oct. 1, 1933
June 1, 1911
Phila., Read Ter. Bldg. Apr. 1, 1947
do
do
Mch. 1, 1937
<fe London,
Read. Ter. Bldg.
do
do
do
do
Phila., do <fc London,
July
July
1,
1,
& Tr, May
1,
Philadelphia
Phila.,
Phila., Prov. Life
1941
t
Note.— General mortgage of 1897 requires that the Readi ng Co.
bonds marked t. above.
If Only $16,000 are 3s.j
Raritan River Railway.— South Amboy to New Brunswick,
N.
13 miles; branches, 5 miles; total, 18 miles. Connects at South
Amboy with C. KR. of N.J. andPenn.RR via N. Y. & Long 8r. RR , eto.
8tock authorized, $1,000,000; issued, $375,000; par, $100. Loans payable Dec. 31. 1900, $20,121. Year ending Deo.31. 1900, gross, $78,072;
net, $27,480; int., taxes, etc., $22,147; surplus, $5,332.— (V.68, p.573.)
J.,
RR.—
Under construction as a belt railroad. 7-4
Reading Belt
miles in length, around Reading, Pa., to be completed during 1900.
V. 71, p. "51. Stock $ 0,0 o, all owned by Reading Company.
Road to be leased to Phila. & Reading Ry. at 4 per cent on the stock,
Interest on bonds
and
taxes.- (V. 71, p.
"
51.)
Reading & Columbia RR.— Owns
from Columbia to Sinking
8prlngs Pa., 40 miles; branches, 14 miles; operates Marietta Junction to
Cnickies. 6 miles; total operated, 60 miles. Stock, $958,373 (par. $50), of
which *788,;00, together with $9,500 1st mt^e., $35,000 2d mtge. and
$1,000,000 debentures, are owned by Reading Company, all except
$3,200 stock being deposited under its general mortgage of 1897.
Year ending June 30, 1900, gross, $296,074; net, $94,046; charges,
$116,281; b^l def„ $22,235. Cur. liab. June 30, 1900, $1,248,975.
,
Reading Company— Philadelphia & Reading Ry.— (See
Map.)—The Philadelphia* Reading Ry. operates in connection with the
great anthracite coal properties of the Philadelphia & Reading Coal &
Iron Co. in ihe Schuylkill region, Pennsylvania, a large system of
roads centering at Philadelphia, extending westerly to Hazleton and
Wllliamsport on the north, and Harrisburg, Shippensburg and Gettysburg in Pennsylvania and Wilmington, Del., on the south; also easterly in New Jersey to Atlantic City and Cape May. on the Atlantio
Ocean, and to tidewater at Port Reading on New York harbor, viz.:
Line* owned in fee.
Miles.
Leased lines— (Con.)
Miles.
Phil, to Mt. Carbon, etc. &
Phila. Har. & Pitts. RR
1T47-2
branches.
Wilmington & Noith. RR.. If 88-4
1-3
(104 01 double-tracked) 12513 Phila. & Reading Term. RR.
Lebanon Valley branch
Tot. leased (2dtrack 232-4;. 634-7
(53 74 double-tracked). . 59-44
Lebanon & Tremont bi anch 65-28
Lines controlled (See each Co.)
Mahanoy &. Shamohln bra'h
Entire stock owned—
(23 84 double-traohed)... 6047 Chester & Delaware RR
53
SchuNlkill A- Susq. branch.. 53-37 Rupert & Bloomsburg
16
1-86 Middlet'n & Hummelst'n RR.
West Reading branch
6-3
Tamaqua Hazleton & N. RR.
99
Total (2 tracks 182 m). .365-55
Controlled
Lines leased (See each Co.)
Reading & Columbia RR.... If 39-6
12-8
Colebrookdale RR
Lebanon & other branches 13 8
11-2 Read. Marietta & Han. RR.
Pickering Valley RR
6-4
35-4 North East Penn. RR.
East Pennsylvania RR
If
1f 25-7
Allentown RR
Phila. & Chester Valley RR H215
1f4'5
Little Schuylkill Nav. &RR. 1f3l-5 Atlantic City RR. & branches,
Mine Hill & Schuy. Haven.. 1J42-0
8ea Coast RR.,eto
IflOOl
Mt. Carbon &Pt. Carbon RR. If 25 Catasauqua & Fogelsv. RR.. 29-5
Mill Creek & Mine H. RR. ... If 3-8 Camden County RR
73
Schuylkill Valley Nav.&RR. Hll-0 Gettysburg & Harrisb Ry... 1f34-l
East Mahanoy RR
Perkiomen RR
If 10-9
1f383
. .
.
—
—
j
I
|
i
|
I
|
I
I
|
Shamokin Sunbury & L. RR. 1f31-3
Phila. German. & Nor. RR.
1f 29-6
. .
Chestnut Hill
KR
If
CatawissaRR
|
Phil.
I
40
1T1030
;
Newtown &
Port Reading RR
Stony Creek RR
Phil.
N. Y. RR.. 1f2l-7
Frankford RR
See this company.)
&
H19-7
101
If
26
Norristown June. RR
0-4
(1f
North Pennsylvania RR
If 86-2
Delaware & Bound B. RR... 1f33-8
Total controlled
4535
Schuylkill & Lehigh RR
If 439
Total system July, 1900 (2d track, 471 miles)
1,454
From the company's docks at the extensive
(If See this company.)
terminal at Port Richmc d it operates a Ulo of steamers aud barges
in coastwise coal traffic and provides berths with elevators and ample
accommodations for several trans- Atlantic steamship lines. In Jan.,
1901, control of the Central RR. of New Jersey was acquired. V. 72,
p. 86, 340.
392, 676.
Voting Trust, Etc.— All
classes of stock of the
new company
are to
be held by voting trustees (J. Pieruont Morgan, Frederic P. Olcott and
C. S. W. Packard) for five years, and thereafter until 4 p. c. cash divi
dend per annum shall be paid on the first preferred stock for two consecutive years, though the trustees may in their discretion surrender
the stock at an earlier date. The company may, after dividends of 4%
have been paid on the first preferred for two consecutive years,
convert the second preferred stock into one-half first preferred and
one-half common stock. As to rights, see V. 64, p. 709. Voting
trust, V. 64, p. 955, and Sup. of April, 1897, page 5.
Organization.— The Philadelphia Reading RR. (chartered April
4, 1833) and the P.
R. Coal & Iron Co. were sold in foreclosure Sept.
23,'96, and reorganized per plan in V. 61, p. 1109- See V. 64, p. 709.
In the reorganization the 41 millions of old stock and the 56%
millions of old preference income bonds were assessed 20 per cent,
the stock then receiving 100 per cent in new common and the preference incomes, common and preferred stock in certain proportions.
The "Reading Company" in the reorganization acquired the seourity holdings, real estate, equipment, etc. of the old Phila. & Reading
RR. Co.; also $20,000,000 stock and $20,000,000 bonds of the Phila.
£ Reading fij, and the $8,000,000 stock of the Coal& Iron Co., and
against all this property issues its own securities. See V. 64, p. 709.
&
&
,
and Reading Coal
&
Iron Co
City Treasury,
shall be responsible
1904-1923
for
old
all
The property of the Reading Company, as distinguished from the
property of the Phila. & Reading Ry. Co. (which owns the railroad but
no equipment) and the Coal & Iron Co., consists of the following:
Railway equip, leased to Ry. Co. for 8 p. c. yearly
$18,183,212
Real estate tot appurt. to RR. (ann. revenue ab't $175,000). 16,427,074
Colliers and barges leased to Ry. Co. for $115,000 yearly...
1,901,650
Phila. & Reading Ry. stock $20,000,000 and bonds, $20,000,000 par (annual int. to Reading Co., $1,200,000).... 40,000.000
Phila. & Read. Coal & Iron stock at par
8,000,000
Miscellaneous securities at par (in 1896 yielded $765,000). 43,19 >,156
262,815
Morts. and ground rents at par (not under '96-'97 mort.).
Int. in Phila. & Read'g Coal & Ir. above securities owned.. 78,653,349
4.066.571
Claims against other companies, etc
,
Total July
1,
1900.
$210,689,827
(See V. 71, p. 760)
Sinking Fund. —Whenever, in any year, a dividend is paid on the
stock, an amount must be paid simultaneously to ihe trustee equal to
5 cents per ton on all coal minrd by the Coal & Iron Company during
the preceding year, if the aggregate of dividends so declared exceeds
that sum; otherwise such lesser sum as shall equal the dividends so declared. Under this provision $383,525 was set aside in Mar., 1900,
and $433,000 general mortgage 4s canceled; in year 1900-01 sinking
fund about $750,0u0.- V. 72, p. 283.
Dividends.—Dividends on 1st preferred 1^ p. c, paid March, 1906
Sept.. 1900. 1*2 p. c; 1901, Mar., 2
p c; Sept., 2 p. c.
Bonds.—The General Mortgage 4s (abstract V. 64, p. 612)
are secured by mortgage and pledge of all properties and securif
embraced in the reorganization, aud also all other property
acquired thereafter by use of the new bonds. They have above sinking
fund out of the revenues from the Coal & Iron Company, but are not
subject to compulsory redemption prior to maturity. Thenewmortfage is also, subject only to the bonds for which reservation is made,
ased upon properties or securities of all the lines of railroad owned,
including the Philadelphia & Reading Railway Company proper,
365 miles; various leasehold lines, 635 miles; all the property of the
Coal & Iron Company, or the securities thereof, representing nearly
200.000 acres of coat and timber land; equipment valued at about $18,000,000, also marine equip. See applii ation to li»t in V. 64, p. 709.
Furthermore, it has a first lien upon a majority of the capital
stock of various companies in the system owning 453 miles of railroad, and also on various bonds of system— list in V. 64, p. 613.
Of the $135,000,000 fours of 1897 $51,692,500 are reserved to take
up undisturbed bonds and $17,000,000 for future construction, equipment, etc., at not over $1,500,000 per annum.
Improvement mortgage 6 p. o. bonds of 1873 due Oct. 1, 1897, were
extended at 4 p. c. for 50 years from April 1, 1897, payable in U. 8.
gold and guaranteed p. & i. by the Reading Co. V. 64, p. 470; V. 65.
p. 516. The consol 5s of 1882 for $5,673,042 were also extended at 4
p. c. till Mar. 1, 1937, the Reading Co. and Coal & Iron Co. becoming
responsible. See V. 65, p. 870, for contract. V. 65, p. 152, 870.
Terminal mortgage bonds, see V. 64, p. 85 and V. 60, p. 732.
For ten-year sinking fund loan see January, 1895, Supplement.
Holders were offered the option to June 1, 1901, of having the bonds
extended to Feb. 1, 1932, at 4 per oent, principal and interest to be
guaranteed by the Reading Co., the sinking fund to be reduced to
$30,000 yearly from Feb 1, 1902. (V. 72, p. 242.)
The coal trust certificates under agreement of May, 1895, are not
redeemable until April, 1904— see V. 63, p. 838 and Jan., 1895, Stjpp.
The Philadelphia Subway Loan is payable after ten years from date
0,000, bearing interest,
in 20 annual instalments, to secure which $
has been deposited, and $100,000 yearly is being set aside In monthly
inMalme.nts. See V. 58, p. 1110; V. 62, p. 950; V. 63, p. 881; V.71,p.758.
The J- rsey Central collateral trust bonds ($23,000,000 present issue)
are secured by deposit of $14,500,000 Cent. RR. of N J. (cost $23,200.000) of the *27, 159,800 stock outstanding, $1,49 \000 Perkiomen
stock and $i 40.000 Port Reading RR stock, the remainder of the
$45,000,000 authorized being reserved to acquire the minority stock
of the Central Company. They are subject to call on April 1, 1906, or
ties
<
any interest day thereafter, at 105 and interest, on 60 days' notioe.
See abstr ct of mortgage. V. 72 p. 487.
The Wilmington Northern stock trust certificates are secured by
deposit of *i,495.0C0 out of $1,500,000 W. & N. stock— V. 72, p 340.
Car trusts of 1899 see V. 69, p. 1346; V. 71, p. 753. The $3,200,000
car trusts of 1901 cover 10 passenger and 38 freight locunotives,
1,000 steel coal and 500 gondola cars, 500 box cars, 20 passenger
coaches, 10 vestibule passenger coaches 1 lerry boat and 8 sea-barges.
They are additionally secured by $833,000 of the general mortgage 4s,
certain amounts of which may be withdrawn as the ear trusts are paid
off. -V. 72, p. 822.
Coal Properties.—These aggregate about 194,000 acres, as follows:
Coal lands owned (acres).. ..95,144 Timber lands owned (acres) 70,489
<fi
I
21,000
7,429 Iron ore lands (acres)
General Finances.— Ln Jan., 1901, a majority of the stock of the
Cent. RR. of New Jersey was purchased.— V. 72, p. 8n. In June, 1901,
with the Pennsylvania RR. purchased control of the Pennsylvania
and Cambria steel companies.— V. 72. p. 1280.
Latest Earnings.— From July 1 to Aug. 31 (2 months) results .were
as follows on basis of present charges in both years
Coal lands leased (acres)
|
190
INVESTORS' SUPPLEMENT.
|
Vol. LXXII1.
o
.
October,
KAILROAD STOCKS AND BONDS.
1901.]
RAILROADS.
Miles
of
ttrst
page of
tables.
Rending Company— (Concluded) —
IP. & K.Coal & I. morts. See list V. 64,
p.
619.
Coal trust certificates, gold. See V. 65, p. 278.
ICol. sink. f. gold loan(RR.) option, V.72,p.242
guar., p. & l.J
8. f
do
do
....
,
Sara.—Stock,8p.0.gu.Del.<&Hud.(end.)
o*<fci
1st mortgage, consolidated
MicAmond Fredericksb. dt Potomac— Common stock
Dividend obligations (same div. as com. stock)..
Stock, guar. 7 p. o., exoept $19,300 guar. 6 p. o.
1st mortgage
2d mortgage..
0*«fei
Consol. mortgage for $2,000,000, gold
Rensselaer
192
79
ct
Rich. dt Meek.— 1st M., $315,000, g. (V. 69, p.391) c
Richmond dt Petersburg— See Atlantic Coast Lin
'
1
• -
31
E
9 mot. to
Awj. 31.
1K01
1600
,
—
P.
<fc
R. Ry.
>
Coal
Gross
,
Set
$1,777,282
4.7u7,*!95
1,728,832
all Cos. 2 mos. 1901
Charges
do
Mo
—
Grns*.
14.833.931
do
$4,3l7,4f9
4,582.233
&
Iron.
Net.
$213,503
200,223
$1,724,000;
1.669,722;
190'
.
•72'92 $500&c.
1894
1,000
1892
1. 000
1902
1,000
1.000
100
100
100
1870 Various
$1,000
1,000
1889
1897
1890
1890
1,000
1,000
1,000
1,000
100
100
100
1889 l.OOO&c
1*99 1.000&0
1898
1,000
1901
1,000
1898
1,000
50
1882
1,000
1894
100
100
1885
5.000
Read. Co. All Cos.
Net.
total net
$2,161,995
$161,211
48.7< 6
1.1.75.7(51
balance, sur.. $4'7,9»6
talauce. sur.. 406,039
The Reading System always shows small earnings in the winter
The largest earnings are in the autumn.
Annual Report.— Report for 1900-1 was given at length in Chron-
icle of Oct. 19, 1901. See also editorial.
1899.
Tear* Ending June 30.
1901.
1900.
Railway company—Receipts... $28,344,169 $27,783,751 $23,756,461
Expenses (lncl. renewals, etc.) 18.566,35 1
18,134.193
14,634.038
Net earnings
$9,122,423
$9,777,818
$9,649,558
Coal <fe Iron Co.— Receipts
$2^,917,858 $27,884,643 $23,643,838
Expenses
22,742,103
27.993,149
27,567,580
Net earnings
$317,<'63
$901,735
$924,709
Reading Co.—Net income
4,819,936
4,336,494
3,358,543
Net earnings all Cos
$15,522,463 $14,303,115 $13,382,701
Fixed charges and taxes
12,365,115
12,217,492
12,859,376
Surplus*
$1,938 000
$2,663,087
$1,165,209
Accumulated surplus
$3,011,758
$5,547,565
Dividends on 1st pref
<3 s)934,73i (l»a) 374,735
Genera) M. sinking fund
741,106
383,525
"$-(,871,724
Surplus end of year
$2,253,498
Officers.— Pres., George F. Baer; Vioe-Pres., W. R. Taylor; Sec, Alfl. Moore: Treas., W. A. Church; Comptroller. D.Jones.
Office— Reading Terminal Building, Phila..— (V.7d, p. 554, 7 80.)
Directors— Joseph S. Htrris, A. J. A' telo, George F. Baer, John Lowber
Welib. George C. Thomas, Henry A. Dupont, Henry f. McKean, Samuel Dickl
.
son, t harles Steele.
& Saratoga RR.— Road.— Embraces 192 mdes. viz:
Road owned—
roy to Lake Champlain
Leased—
Troy to Waterford June,
Miles.
79
Leased ( Continued)—
Edward to Caldwell
Miles.
15
Vermont line to Castleton, Vt. 7
etc.. 14 Eagle Bridge, N. Y., to RutSchenectady to Ballst»n
15
land, Vt
62
Lease.—Leased in perpetuity March 1, 1871, to the Delaware & Hudson, which, June, 1901, owned $800,000 of stock; rental, 8 percent
Ft.
on the stoca and interest on bonds. Guaranty on stock, V. 56, p. 773.
Year.
Gross.
1899-0
1898-9
-(V. 70,
bet.
Int., taxes, etc.
$2,656,035
$929,556
$1,145,016
2,458,032
695,183
1,029.183
995; V.71, p. 390,1066; V. 72, p. 987; V. 73,
p.
Bal., def.
$215,460
334,000
p. 337.)
Richmond & Danville.— See Southern Railway Co.
Richmond Fredericksburg & Potomac RR.— Owns
from
Rich nond, Va., to Quantico, 79 miles; James River branch, 3 m. leases
Quantico to Junction, etc., 3 miles, total 85 miles. The dividend obligations carry no voting power. Rich. & Petersb. Connection RR. stock
of $140,000 receives 8 p. o. dividends under lease. The guaranteed
stock Is secured by mortgage. Consols are reserved for prior bonds
maturing.
The Richmond-Washington Co. (see below) in 1901 took over a
majority of the capital sto> k, but the "union" line of that company
will be operated by Rich Fred. & Pot. officials and the separate corporate existence of the latter fully maintained.
Drvs.on stock &> '89. '90. '91 to '93. '94. '95 '96. '97. '98. '99. '00. 1901.
div. obliK. p. c. 5 7
6^ 7 yearly. 6^ 7 7 6*2 7 7 8 8
Earnesg8.-11 months, J 1900-1
Gross, $960,758; net, $375,397
July 1 to May 31.
Gross, 885,208; net, 397,097
I lb99-0
Ripo**-— keport for vear ending June 30, 1900, was in V. 71, p.
1218, sh>. wing: Gross, $989,996; net,$417,945; otLer income, *21, 475;
interest, $49,790 dividends, $224,538 miscellaneous, $80,000; bal.,
5 09 4 In 189S-9, gross, $898,2*9; net, $426,057; other income,
Soo'ol?.
.
$22,266.-(V. 72, p. 340. 439; V.73, p. 33.)
;
;
;
'
Richmond
*
'
•'
>T
Ac
Mecklenburg RR.—Keysville, Va., to ClarkesR oad is leased by South. Ry. Co. for 50 years
31 mlle8
-
£S?? °»,i.'J 898, for Interest on bonds. (V. 69, p. 391.) 8tock, $357,900 (par $100) of which $300,000 owned by So. Ry. Co.— V. 71, p. 112 .)
lch n,0 ad Nleno,a8vI,le Irvine & Beattyville RR.— See
TjS,
.
Louisville J
,
&
.
(
Atla'lc
RR.- (V.
1
69, p. 180, 696; V. 71, p. 85; V. 7<*,p. 776.)
Richmond & Petersburg RR.— See Atlantic Coast Line RR. Co
R=l^ hmon 5"}?ra ,hina:t >n Company.— Controls a "union" line
Tt
Washington,
'
'
D C„ to Richmond, Va., 115 miles, in the joint interest of
wl & roads, viz.. The Pennsylvania RR.. Baltimore & Ohio RR..
i
a «
a " tl0 toast Line Co., Southern Ry., Seaboard Air Lite Ry.
^,'
and
^nesapeaue & Ohio Ry.. each of which owns one-sixth of the $.1,000,t0(k °P p ration is to begin Nov 1, 1901. Incorporated on
e«JT ? i o .? a, i
aol
?£? oVv: uond d acquired a majority of the voting capital stock of
Fredericksburg & Potomac RR. and the entire stock of
i^l T?i
extending
^V;*-?^,011 Southern H y.the latter's lineto Quantico, from south
K
^ross the Fotomao River
36 miles.—
V 73 p 49 1
ra d e nn ctl<m Ry.-Owns road Rifle Creek, Col., to a
*« ,, £«£ iS ,. the
Connection with ;J Rio Grande Western at Grand Junction, 62 miles.
I0
1.°'
l
'
.
-
'
(
, 5
R
.
500,400
296,000
52,511
624.000
315,000
'44-66
1890
1898
5,6&7
$490,000
3,600,000
1,484,000
See text.
10,000.000
2,000.000
1.265,600 8 in
1,072,000 8 in
100
1871
months.
Rensselaer
Bonds— Princi-
INTEREST OR DIVIDENDS.
Amount
6
5
g.
g.
i*
J.
7
M.
1901 J.
1901 J.
M.
7
6
M.
5
J.
4iflg.
A.
4
M.
g.
pal, When
Stocks
Due.
— Last
Dividend.
Various Phila., Penn. Co. for Ins.
1902 1904
Q.-J.
do
do
Apr. 1, 1904
F. & A. Phlla.. Read. Ter. Bldg. Feb. 1, 1902
F. & A.
do
do
Feb. 1, 1932
&
&
&
&
&
&
&
&
&
J. N.
N.
J.
J.
N.
N.
J.
O.
N.
RR.
Bio Grande Junction — Stook
<j*
62
1st mortgage, gold, guaranteed. Ce
Rio Or. Sierra M. dt Pac.— 1st M. g ,$20,000 p.m.Ce 156
180
Rio Or. Southern— 1st M.,g.,$25,000 ) not guar... <
180
per mile.Ce
S guaranteed (
Rio Grande Western— Com. stock, $15,000,000
657
Preferred stook, $7,500,000
lstM.limtt*dto$15,200,000,g.(V.69,p.284)Ce.o* 436
606
1st consol. mort., red at par, see text, gold, tlo.c*
33
Utah Cent. l8tM.,$650,000,gu.V.6e.D.724,g TTIo
Utah Fuel Co.. 1st M ,$ ,000,000, red. at 110. Ill
Pleasant VaUey Coal, 1st M s. f.,red at 115.
...
River Front Stock, 5 per cent, guar. Fenn. RR
4-62
1st mortgage, guar. p. <fei. by Fenn. RR
Debentures
Roch. dt Genesee Vol.— Stock, 6% rental Erie RR
18
Rock Island <£ Peoria — Stock
118
113
Consolidated 1st mortgage
r
—
Par
of
*•
82
82
82
.
,
Size, or
Rate per When Where Payable, and by
Road. Bonds Value. Outstanding
Cent.
Payable
Whom
Far explanation of oolumn headings, &o., see notes*
on
Date
121
2,000,000 3% In '01 Jan'ary
1,850,000
5 g, J. & D.
2,000,000
6g. J. & J.
2,233,000
4g J. & J.
2,277,000
4g, J. & J.
10,000,000 5 In 1900 Sept.
7,500,000 5 in 1900 Q.-F.
15,200,000
4g J. & J.
10,000,000
4 g. A. & O.
650,000
4
A. & O.
750,000
5 g.
& S.
1,227.000
5 g. J. & J.
300,000
5
M. & N.
212,000
41*
M. & N.
84,000
4
J.30, D.31
555,200
6
J. & J.
1,500,000
5
J. & J.
450.000
6
J. & J.
M
Y, Del. & H.Canal Co.
July, '01,
4%
do
May 1, 1921
Phila. and Riohmond. July, 1901,4%
do
do
July, 1901,4%
do
do
May, 1901
do
do
Nov. 1, 1901
do
July, 1901-02
do
N.Y., Phila. or Richni'd. Apr. 1, 1940
J. P. Morgan & Co.
Nov. 1, 1948
do
New York.
N. Y..Mait.,Coppell&
Jan. 25 '01, 3%
Co Dec.
1,
1939
N. Y. Co.'s office.
July 1, 1917
N.Y.,Mait.,Coppell& Co July 1, 1940
do
do
July 1, 1940
N. Y., Office, HB'way. Sept.1,'00, 5%
do
do
Aug. 1, 'Ol.lJ*
N. Y., Morton Trust Co. July 1, 1939
N. Y., Morton Trust Co. Apr. 1, 1949
N. Y., office R. G. W.
Jan. 1, 1917
Mch.
1931
1928
1901
1912
May
Deo. 31, 1903
July
All owned by Penn. RR. Nov.
Phila., Co.'s Office.
1,
1,
1,
1,
All held by Pa RR.
N. Y., by Erie RR. Co. July, '01, 3%
N. Y., Corn Exch. Bank. Ju)yl'01,2i2%
do
do
July
1,
1925
is a connecting link in the standard-gauge route between Ogden
and Denver and Colorado Springs. Leased by Colorado Midland Railroad (since foreclosed and reorganized as Colorado Midland Railway)
and Denver & Rio Grande at 30 per oent of gross earnings, whioh companies lointly and severally guaranteed the bonds, prin. and int. First
div., 1898, 80 cts.; 1899. $1 20; 1900, $1 96; 1901, *3 75. Year ending
Nov.30, 1900, gross, $558,679; rental, $167,604.— (V. 66, p. 237.)
This
Rio Grande Sierra Had re
&
Pacific RR.— Organized in Mex
Y. State in June, 1897, when completed
from Ciudad Juarez via theSan Bias Mountains, Lake Guzman, Sabinal
and San Pedro mining region, to Casas Grandes, 156 miles. Extension
proposed to Guerrero, 156 miles, to meet the Chihuahua & Pacific,
and a projected line to Pacific Coast. Capital stock is $3,120,000
($20,000 per mile) and bonds are authorized at $20,000 per mile, of
which $2,000,0' i0 issued for construction to July, 1898 Interest on
bonds began July, 1899. El Paso Southern RR. organized to build El
Paso terminals and Rio Grande bridge.
Directors.— President, A. Foster Higgins; Vice President, Edwin D.
Morgan; 2d Vice-President, A. Gitford Agnew; Secretary, George Rowland; Sidel Tilghman, John B. Lawrence Jr., W. Morton Grinnell,
Edward M. Shepard and John T.Terry, New York offices are at 100'
loo in 1896; incorporated in N.
Broadway.- (V.
64, p. 611, 1138.)
Rio Grande Southern RR.— (See Map Denver dt Rio Grande. )—
Owns narrow gauge from Dallas (new name Ridgeway), Col., on the
Denver & Rio Grande, southerly to Durango, 162 miles, and branhes
to Telluride and coal fields near Hesperus, 18 miles. Stock, $4,510,000; June 30, 1901, *2,255,600 owned by Denver & Rio Grande and
placed in trust. See V. 63, p. 404.
Mortgage trustee, Central Trust Co.; abstract, V. 54, p. 163, and application to N. Y. Stock Exchange in V. 54, p. 446. Of the bonds, $2,277,000 formerly owned by the Denver & Rio Grande are guaranteed
by the latter.— V. 70, p. 791. See form of guaranty, V. 70. p. 1295.
Earnings— For
1 mo.
1
month ending May
Gross.
31:
Net.
Charges.
Bal., sur.
1901
$97,225
$47,152
$35,717
$11,435
1900
93,739
38,771
2,179
36,592
For year ending June 30, 1901, gross, $539,S29; net, $252,749;
other income, $f\«96; interest, taxes, etc., $213,493: surplus for year
$45,952. In 1899-00, gross, $525,137; net, $243,474.— (V. 71, p. 389.V
Rio Grande Western Ry.-i See Map.)— Line of Road— Owns Crevasse, Col., to Ogden, Utah, 310 m to Wasatch, Bingham, Coal Mines,
etc. 104 m.; San Petetbranch, Thistle to Manti, 62 miles; Sevier Railway
(proprietary line— all securities owned), Manti to Marysville, 71 miles;
,
Tintio Range Ry. (proprietary line, all securities owned)— Springville
to Mammoth, and spurs. 4S miles; total owned, 595 miles; Utah Central (stock owned), salt Lake City to Park City, 33 miles, changed to
standard gauge in 1900. V. 71, p. 343. Leases Crevasse to Grand
Junction, 18 m. Total oper., 646 miles, besides 11 m. of tramways.
History.— Formed in June, 1889, to succeed the Denver & Rio
Grande Western, by plan of March, 1889. V. 48, p. 429; V. 52, p. 941.
In 1900, the Colorado Midland was acquiredby parties then interested
in the Rio Grande Western and Colorado & Southern.— V. 70, p. 739.
In June, 1^01, practically all of the com. stock was sold to representatives of the Denver & Rio Grande at $80 per share (less a
proportionate share of banker's guaranty against liability of company
la suit involving title to certain spurs, to be held in a special trust
pending the outcome thereof.
The preferred stockholders were
given the optiou of exchange to Oct. 1 forpreferred stock of the
Denver company on the basis of 10 shares of Western for 11 shares of
Denvtr stock.—V. 72, p. 676; V. 73, p. 139.
Capital Stock.— Preferred stook is entitled to 5 per oent dividend,
non-cumulative, then common stock to 5 per cent, after which both
classes of stock share pro rata. In V. 67, p. 435, 579; V. 69, p. 492, 695.
Cash Drvs.— ) 1891. '92. '93. '94-6. 97. '98
'99. '00.
1901.
Com., p. c. $
2 pf.stk. 1 pf. stk. 5
Pref., p.c.
5ToAug.,3%
3\
5 3% None. %
5
5^
Also paid inpreferred stock on preferred: In 1891, 2**%.; in 1897,4%..
First cash div. on common, 5%., paid.Sept. 1, 1900. V. 71, p. 343.
.
Bonds.— See abstract of 1st mort. ia V 49, p. 237. and statement to
Stock Exchange in V. 50. n. 7?; also V. 69, p. 284.
The first consol. 4s, authorized in 1899, are secured by a first mort-
New York
gage, either d'rectly or b\ all their securities, on 173 miles of branch
lines, and further by a second lien on 438 miles of main line and other
road, and on all new mileage to be constructed and rolling stock purchased, including 50 miles of branches to Heber and coal mines built In
'99; $15,200,000 are reserved to retire the 1st 4s, $2,163,000 were exchanged for $^.850,000 treasury branch line bond <; $10,000,000 have
been sold; $8,000,000 were issuable at not exceeding $500,000 per annum for equipment and improvements. They are also secured by a
first lien on the ei.tire $10,000,000 stock of the Utah Fuel Co.
Additional consols may also be issued at $20,0o0 per mile for future/
branches and extensions or for underlying liens of acquired roads.
See application to list in full, V. 72, p. 537.— V. 72, p. 775, 1189.
"Earnings.— 11 months, ) 1900-1.. Gross, $4,458,680; net, $1,516,029
July 1 to May 31.
4,055,242; net, 1,593,12»
$ 1899-0.. Gross,
Annual Report.— Full report for 1899-00 inV. 71, p. 1064, 1071
See also p. 1039.
133
SUPPLEMENT.
IN VESTORS'
[Vol. LXXIII-
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October
RAILROAD STOCKS AtfD
1001. J
RAILROADS.
For explanation of column headings,
on first page of tables.
&o., see notes
&
97
All
"l7
13
7
28
28
1901
Co
1888
1865
1891
Outstanding
Value.
$345,360
10,000,000
417,800
9,576,000
100,000
175,000
130,000
375,000
350,000
400,000
250,000
1,103,000
1,950,000
50,000
5,767,000
1,096,100
2,4 03,000
4,400,000
1,350,000
500,000
500,000
445,000
666,000
255,700
1,000,000
76M.000
3,848,500
2,500,000
1,000
1,000
1,000
•68-71
"Too
1890
1889
1,000
1,000
2
120
120
120
127
43 ±a
59
59
100
1872 100 &c,
1891
c*
1898
1899
1897
1900
1,000
1,000
1.000
1,000
1,000
1900
OB
alt.
Amount
9
150
150
>
1
Par
$100
100
1855 100 &c
1874
1,000
1885
18S5
1886
(end.)
1st M.,Wat.&R., Rome to Cane Vin.,s.f.. not dr'n.C
Consol. M.(lnt. ouly In golrt,$500,000 are 3 \s) F.o.
Oswego Bridge Co. 1st mortgage
Syracuse Phenlx & Oswego 1st mortgage
Norw'd& Mont. 1st M., g., $360,000; $10,000 p.m.
R. W. & Og.Term. RR. 1st M., gold, assumed . . o*
Oswego & Rome [Leased in perper.],lst M.,guar.
2d M., gold, guar p. & i. (end) byR.W. &O..C'
N. Falls Br. RR. stk., ($243,000own. by R.W.&O.)
Dtloa&Bl. Rlv. st'k,7 p. c. perpet. gu.by R.W.&O.
U. & B. R. 1st M., $2,000,000, g., gu. p.&l Ce.c
Rupert & Bloomsb'g— 1st M.gu.p.&l.(end.)P.&R.g.c*
RuUand— Stock, preferred (for com. see text)
..e
1st mortgage (also $900 2d 5s)
First oonsol. mort. for $3,500,000, gold Us .c*&r
L. Ch 1st M., $4,400,000, g.. assuCe-.o*
Ogd.
Rut. -Can.— 1st M.. g., assum., $1,350,000.
c*
Benning & Rutland— 1st ref.M. g., ass rued. N.o*r
Equipment
Size, or
of
Road. Bonds
Rome d Clinton— Stock (rental guaranteed)
Rome Watertown <f Ogdensburg— Stock, guar,
2dM.,gold,assum., subj.toca
Date
Miles
of
1,000
trusts
Rutland Transit 1st M., not guar. (V. 70 p.534)OR
Rutland rf Whitehall RR.— 8tock (no bonds;
8ag. Tuscola <£ Huron— l8tM.,g.,gu.,p.&i .end.Co.c
8t. 0. U od.rfSf.L.BeM.— lstM.,g..$800,000,r'd.SSt.c*
8t. Johnsbury <6 L. Ohampl.—Stock, $1,298,500, pf.
1st M., $2,500,000 ($1,328,000 gu. by B.&M.) g.c*
8t. Johns <k Luke r uslis- 1st M., $500,000 g.Mp.c*
81. Joseph <t Grand Island Ry.— Common stock. .
1st preferred stock, 5 per cent, non-oum
2d preferred stock, 4 per cent, non-oum
1st M.. 8:.. 2 p.c. 2 yrs., 3 p.c. 3 yrs., then 4.Cec*<fcr
*
lear end. June 30—
Average mileage
1900
620
Gross earnings
Net earnings
Otaer income
66
1900
1900
1,000
1,000
131
1894
1897
1,000
1,000
50
47
251
1897
1898.
1897.
584
566
546
$3,352,988 $3,362,288 $2,468,504
1,157,123
758,615
1,182,739
144,280
102,277
83,179
3,430,000
3.500.000
& Genesee Valley RR.—Avonto Roches t
Leased July 1,1871, in perpetuity to Erie Ry.
r,
N. Y., 18
Rental, $34,012.
111., to
Peoria, 111., 91 miles R. I. & Mercer County RR., 22 miles branch, 5
miles; total 118 miles. In year ending June 30, 1901, gross. $783,599; uet, $61,446 ; other income, $7,303; interest on bonds, $27,000;
taxes, $41,777; div (5 p, c), $75,000; |bal., deficit for year, $75 CO.
Dividends at 5 p. c. per annum are paid; in 1892 an extra 10 p. c.
was paid; in 1896 an extra 5 per cent. President, R. R. Cable.
;
:
Rockaway
Valley RR.—V. 70, p. 126.
Rome & Clinton RR.— Owns road from Rome to Clinton, N.
Y.,
13 miles. Organized in 1869. Leased in perpetuity in 1891 to Delaware
A Hudson Canal Co. and operated by N. Y. Ontario & Western.
Rome Watertown
Ac Ogdensburg RR.— (See Map New York
d Hudson River Railroad.)— Owns from near Niagara Falls to
Massena Springs, N. Y., 301 miles, less 27 miles, Richland to East
Oswego, leased from the Oswego & Rome RR. and Suspension Bridge to
Lewiston Jit., 9 mi e*; and trackage to Suspension Bridge, 2 miles;
Richland tc Rome, 41 miles; oranches to Cape Vincent, Ogdensburg,
Pulaski, Fulton, etc.. 110 miles; total owned, 414 miles. Leases Utica
6 Black River Railroad. Utica to Otrdensburg, and Clayton branch, 150
miles Oswego & Rome Railroad, 27 miles, and Niagara Falls Branch
RR.,9 m Carthage Watertown & Sackett's Harbor, 29 m.; total, 629m
Lease.— Li 1891 leased during corporate existence and renewals to
N. Y. Central, which assumes the debt and guarantees 5 p. c. on stock;
Ventral
;
;
guaranty, see V. 52, p. 463 Utica <£ Black River is leased in perpetuity,
7 per cent on stock guaranteed.— (V. 72, p. 238.)
1
Bloomsbnrg RR.— Rupert to
Bloomsburg. Pa., 1-fi
Stock owned by Reading Co., ol which
$48,000 is deposited under its general mortgage of 1897.
Rutland RR.— (See Map.)— Operates from Bellow's Falls, Vt., via
Rouse s Point, N. Y., to Ogdensburg, with branches to Bennington,
vt, and Ticonderoga, N. Y., etc. Controls the Rutland Transit Co.,
operating steamers on the lakes between Ogdensburg and Chicago,
Milwaukee, Duluth, etc., and so forms part of a through route from
the western ports of the Great Lakes to the New England seaboard.
RR. Lines Owned.
Miles.
Leased- (Concluded )
Bellow's Falls, Vt., to OgN. Y.-Canada boundary to
densburg, N. Y
279
Noyan Junction
3
White Creek to Rutland, Vt. 58
Proprietary Lines.
Miles.
Leased.
Alburg to Canada boundary. 3
miles; total track, 2 3 miles.
Leicester
June. Vt., to Ticonderoga.N.Y
16
Total operated
359
Organiz ati on. -Leased in 1370 to Central Vermont, but having become independent ia 1896 set about developing a system of its own
tnrougti the purchase, lease nr consiruction of "the following lines,
ln 901 wer e absorbed by consolidation, viz.: The Bennington
*. d <-i
i
Kutiand,
&
Rutland-Canadian and Ogdensburg & Lake Champlain.
Also owns entire $100/ 00 stock and $100,000 4
p. c bonds of the
Kutiand & Noyan RR. and eutire $1, 000,000 stock of Rutland Transit
e
3 p 437; v 72 « P- 88 822 Addison RR., see "General
£^„i
Finances 7ri
'below , In June, 1901, the Chatham & Lebanon Vallev
KK., cnatham, N. Y., to Bennington, Vt., 58 miles, was acquired in
',
.
'
-
-
-
company's interest.— V. 72, p. 1135.
OC
8 557 600 of which $2,790,000 in treasury In Oct
i J5vi
M
jl»ui, aa out *^o8,400common i-tooh
had been exchanged for pref on the
Dasis or ten shares of common for one share
of preferred — V. 72, p. 439.
Dividends ) Year '90. '91. '92 to '95. '96. '97. '98. '99. 1900. 1901.
on pref. ^ P.C
3
2
4 yearly.
2
2
3
4
Accumulated dividends on preferred said to aggregate 130 per cent.
18 of 1891
can be issued only In pay^S^f'T^ !? 8 ?n 1902 Vfor $1,365,000Rutland-Canadian mortgage
66 D 119 °;
S for *i in nnA
for
is
r^o^
-
'
'
.
12
-
~
-
$l,3o0,000 (see advt. in Chronicle of July 15, 189!?).
A
N
CES -Tne Addison RR. is leased for 99 years at 3 p.
„
fi? ^£!
£• PrVn
'? 00 8tock of whi.-h the Rutland owns $435,000. On
H?, ?
septdO, 1901, there were $1,552,221 notes payable. (See V.
73, p. 781.,
,
^
N
& J.
Q.-F.
5
M. & S.
6
5 &3ifl A. & O.
F. & A.
6
F. & A.
6
g A. & O.
t g. M. & N.
5
M. & N.
7
5 g. F. & A
7
M & S.
7
4g. J. & J.
5 g. J. & J.
See text. J. & J.
6 (8) M & N.
4iflg. J. & J.
4 g. J. A J.
4g, J. & J.
4l2g. M. & N.
5 g. M. & S.
4*2
g J. & J.
-F.15
i
4 g. i & A.
4g. J. & J.
5 g M. & S.
4 g. J. & J.
en
J.
do
do
do
do
do
do
do
do
do
do
-
-
Dividend.
Clinton, N. Y., by check July, "01. 3*8%
N. Y., Or. Cent. Station. Ang.is.'Ol.lV*
do
do
Sept. 1, 1910
do
do
do
do
do
do
do
do
do
do
July
July
Feb.
Apr.
May
May
May
July 1, 1922
July 1, 191«
July 1,'01,2%
Nov. 1, 1902
July 1, 1941
July 1, 1948
July 1, 1949
Nov. 1, 1927
Mch. 1, 192*
ohice.
Boston, Nat. Shaw. Bk.
N. Y., U. 8. Mort. & Tr.
N. Y. Nat. Bank of Rep.
Boston. Nat. Shaw. Bk.
N. Y., Nat. Bank of Rep.
do
1922
1918
1915
1916
1918
1915
1918
Sep. C 0,01, 3 »«
Philadelphia,
Company's
1,
1,
1,
1,
1,
1,
1,
do
Boston, Mass.
Jan. 1. 1920
Troy. United Nat. B'nk. Nov. lS.'Ol.l 1*
N. Y., Contin. Tr. Co.
Feb. i, 1931
Jan. 1, 1931
Boston, Comp'ys Office.
N. Y, 12 W. 23d St.
Mch.
July
1.
1,
1944
1922
2-3-4 g.
J.
&
J.
N. Y., Central Tr. Co.
Jan.
1,
1947
for year ending June 30, 1900, was In V. 71, p.
(See also V. 73, p. 7al.)
1899.
1900.
1898.
Gross income, all sources.. $2,289,182 26 $2,121,797 22 $1,987,275 19
Netearnines
Deduct—Taxes and rentals.
I_terest on bonds.
83 =-,344 12
85,14112
359,500 34
757.402 23
72,410 14
321,377 62
585,397 61
72,069 92
208,969 61
Balance, surplus
$390,702 66 $363.614 47 $304,3S8 08
Officers. - Chairman ol Board,
Seward Webb; President, Perol
valW. Clement; Vite-Piesidenc and Clerk, Henry G. Smith; Treasurer,
O. F. Harrison
Director 3 .— Percival W. Element, Rutbind, Vt.; Geo. rr Ball. Edgar Harding,
Boston. Mas*.; John W.Stewart, Hiddlebury, Vt.; Wallace C. Clement, Rutlaud Vt.;
Seward WeDb, SLelburne, Vi.; K. V. W. rtossiter, George BirC
W
.
^
-
-
ni
W
S.
R.Call .way. N. V.
-(V. 72, p. 822,873,937,1280; V. 73, p. 185, 287, 781,785.)
Rutland Ac Whitehall RR.— Owns from New York State line
to Castleton, Vt., 7 miles.
Leased Feb. 1, 1870, in pe petuity t»
the Rensselaer & Saratoga RR. (rental $15,342— 6 percent on stock)
and so operated by Delawa a & Hudson.
Saslnaw Tuscola & Huron.— Owns Saginaw, Mich., to Bad Axe,
66 miles. Stock, $600,' 00 par, $100. In year 1898-9, gross, $147,448; net, $45,644; other income, $5,495. Leased to Pere Marquette
RR. for 999 years from Feb. 1, 1900, for guaranty of principal and
interest of bonds (form V. 71, p 30) and maintenance.— (V. 72, p. 88.)
St. Clair Madison & St. Louis Relt RR.— Owns bridge completed across the Mississippi River at Alton, 111., in 1894; also 2 miles
of road. The bridge Is 2,100 feet long and laid for double- track. In
Apr., 1901, leorganized without foreclosure, per plan V. 72, p. 288,
the old 5s receiving i25 per cent in the new 4s, which are subject to
c 11 at 105 after 5 years, $32,000 having been resei ved >or future requirements. In 1900 gross earnings were $80,894; net over taxes
and extraordinary expenses, $32,321, V. 72, p 676. Stock, $500,000;
par $100
Treasurer, L. A. Haody, 300 No. Fourth St., St. Louis, Mo.
—(V. 71, p. 30, V. 72, p. 242, 284, 676, 822, 1081, 1238.)
At. Johns
Lake Eustis KR.-rS e Map Savan. Flor. <£ Wesl.}
Astor to Leesburg, Fla., 38 miles, with branch, Ft. Mason to Lane
Parn. 9 miles; total, 47 miles.
Part of Plant system. Stock. (?).
Bonds see table above. Year ending June 30, 1901, gross, $13,376;
aef. under oper. exp., $s,907.-(V. 71, p. 288, 391.)
St. Johnsbury 6c Lake Cham plain RR.— Owns Lunenberg,
Vt., to Maquan Bay, on Lake Champlain, 120 miles, and branch from
North Concord, Vt., to East Haven, 11 miles; total, 131 miles. The road
Is operated independently although a majority of the stock is owned by
the Boston & Lowell, leased to Boston & Maine. In year 1900-01 gross,
$306,644; net, $2,401; def. under charges, $78,334.
St. Joseph &. Grand Island Ry.— Lime of Road— St. Joseph,
Mo., to Grand Island, Neb., 251 miles. Trackage, St. Joseph to Gower,
Mo., over S. F., 20 mile3, and Gower to Kansas City, over K. C. & Nor.
Conn., etc., 41 miles; total trackage, 61 miles.
History.—A reorganization Feb. 23, 1897 (per plan In V. 62, f.
784,950), of the St. J. & Grand Island Railroad, sold in foreclosure.
Stock.— A \ oting trust will retain control for the first pref stock until
Jan. 1, 1902, Voiing trustees are F. P. Olcott, J. Kennedy Tod and
Gordon Abbott.
Dividends (p. c.) \
1898.
1899.
1900.
1901
On 1st pref
5
3
5
3
)
Bonds.— The 1st mort. interest is 2 p. c. till Jan. 1, 1899; then 3 p. e.
till Jan. 1, 1902 and thereafter 4 p. c.
Bonds for $500,000 reserved
for uses of new company cannot be issued to exceed $100,000 yearly,
and $1,000,000 can be sold only for new mileage at not exceeding
$6,000 per mile. Sie listing in V. 64. p. 1138.
Latest Earnings.— 11 months ending May 31:
11 months—
Gross.
Net.
Int., taxes, etc. Bal.,sur.
1900 01
$1,301,955
$96,250
$384,507
$480,757
1899-00
1.294.425
204,657
300,907
96,250
Annual Report.— Fiscal year ends June 30. Report for 1899-0*
with balance sheet in V. 71, p 859 showed: Gross, $l,404,t95; net,
$-404,086; interest, taxes, dividends, etc.. $350,376; balance, surplus,
$£3,710. President, William L. Bull; Treasurer. Henry Budge; Sec'y,
W. a. Wilson.- (V. 71, p. 183, 233,391,809, 859,1221; V. 72, p. 1136.)
St. Joseph South Rend
Southern RR.— Owns South Bend,
Ind., to St. Joseph, Mich., 39 miles. A reorganization of the Indiana
& Lake Michigan Ry., foreclosed and sold Dlc. 8, 1898. V. 67, p. 1263.
Stock, $500,000 common and $250,000 5 p. c. pref to be held for
five years in voting trust. Leased to Indiana Illinois & Iowa RR. for
50year8 from Feb. 23,1900 at a rental of $0,000 per annum and
—
;
"Rock Island."— iee Chicago Rock Island & Pacific.
Rock Island &. Peoria Ry.— Owns from Rock Island,
Ac
Whom.
Payable
Report.— Report
i
RK.—Junction with Phila. &
Trenton RR., Lehigh
Ave., Kensington, to Dock St., Philadelphia, with branch; total 4-62
miles. Leased to Pennsylvania RR. for 50 yeais from May 1, 1882;
rental now $28,000 and taxes, 5 p. c. being guaranteed on stock.
Rupert
n^
Bonds— 1'rtncipal.When Due.
Stocks— Last
by
$683,069
River Front
miles.
INTEREST OR DIVIDENDS.
When Where Payable, and
nfir
er
1165.
$1,301,403 $1,265,918
$360,891
$610,833
$608,000
$608,000
162,671
203,726
112,849
121,521
348 ,561
334,8 10
324,778
Total payments. .$1.1 94,301 $1,149,369 $1,045,627
$729,521
Balance
sur.$61S,983 asr.$152,034 sr.$220,291 sr.$131,370
a From surplus paid on common stock in Sept., 1898, 2 p. c. ($200.000) and in Sept., 18 L 9, 1 p. c. ($100,000). both in preferred stock; in
Sept., 1900, 5 p. c. (*50o,000) in cash.— (V. 73, p. 139.)
Rochester
Rntft
R ^*
4,600,000 All stoc k in vot ing trust for period s tated in text.
5,497,600 5 in 1901 J. <fe J. N. Y., Central Trust Co. Julyl5,'01,2i»
1,000
$1,S08,234
Interest on bonds
Rental, etc
Dlv. on pref
491,000
100
100
100
1899.
$4,510,604
1,665,258
143,026
Net Income
100
7
j
i
1^3
BCXNUS.
&
&
,
taxes.
No bonds.— (V.
70, p. 481; V. 73, p. 554.)
Lawrence & Adirondack Ry.— From Malone,
Mohawk & Malone) to Caughnawaga, 56 miles, connecting
St.
the Canadian Pacific at its St.
The South Shore Ry.
is
Lawrence River bridge
for
N. Y. (on
there with
MontreaL
owned by the same
interests.— V. 73, p. .495.
from $1,300,000 by sale t»
mock, $1,615,000, being increased
shareholders, to take up $300,000 debentures i.-sued for equipment.—
V. 73, p. 495. First semiannual dividend on stock, 2^2 p. c, paid
Sent. 1. 1901.— V. 73, p. 287; V. 73, p. 33. Bills payable Sept. 30,
1900, $43,755: equipment trusts. $109,418. For year ending June 30,
1901, gross. $224,000: net, $122,911 other income, $379; charges,
$81,536; hal.. sur , $41,754. President, W. Seward Webb.— (V. 71, p.
1312; V. 73, p. 3, i87, 495.)
194
INVESTORS' SUPPLEMENT.
fVoL. LXXIII.
:
October, 1901
1
;
,
KAILKOAD STOCKS AND BONDS.
]
RAILROADS.
Miles
Date
Size, or
of
Par
For explanation of column headings, &c, see notes of
Road Bonds Value.
on first page of tables.
Lawrence & Adirondack i?y.—Stock. $1,615,000
o*
1st mortgage, $800,000, gold
1896
1896
1901
Outstanding Rate
Cent.
103
1886
1,000
102
20
25
20
10
1901
1,000
1891
1,000
1894
1,000
1897
1,000
1899
1.000
1890 500 &c.
1889
1,000
1900
2d mortgage, $400,000, gold
Debentures. $300,000, gold
Loui$ Bridge See T* ru.RR. Ass'n of St Louis
St. Louis <t Oairo—See Mobile & Ohio.
o
St. Louis <t Hannibat—1st mort., $600,000
See Wabash Rr
St. Louis Kansas <£ Northern
S'.L. San. Vitydt Cot— IstM ,$ 0,000,000, g Ust
St. Louis Kennetl <t Southern.— 1st mort., gold...o*
o*
Pemiscot Dlv. IstM., gold.USt
Kennett & Oso. RR. 1st M., g ,lnt. rental. U St. o*
St. Francois Valley, 1st mort., gold, Int. rental.
8t. Louis Merchants' Br. Term.— 1st M., gu.p.&l.,g.c
Meroh. Bridge 1st M. red.after Feb 1, 1909, at 1 10
St. L. <l No. Ark —1st M., g., $25,000 p. m.text.Us
1,0
1,000
Botuls— Prlnol-
pal.When Due.
by Slocks— L&at
Payable
Whom.
&
&
&
&
N. Y., Cont'l Trust Co.
See text. See text. M.
J.
$800,000
400,000
6 g. A.
See text.
6g. J.
1,0-
56
56
INTEREST OR DIVIDENDS.
per When Where Payable and
Amount
$100
St.
125
s.
J.
Dividend.
o. N. Y. . Colon ial Trust Co.
J. N. Y., Standard Tr. Co.
Sept. 1, '01, 2^a
July
Oct.
July
1,
1998
1996
1951
1,
1,
4ft.
,
Louis
St.
Common
Francisco BR. —
A San
stook. $64,000,000
1st preferred stock, 4 per oent,
1,691
1,691
1.691
2d pf. stk. 4% n.-cu. $ 1,000,000
Refunding mort gold. $85,000,000. ITIo... c\fcr .902
UNDERLYit<G bo>ds (about two-thirds of whi cb de
2d mort. (now 1st), A, gold ) (Paolflc to Seneoa.c 294
294
> Mo., & branches, c*
Series B, gold
do
294
294 iniles.
o*
>
do
Series C. gold
'
Mo.&W.Div.lstM.,g.,$5,OOOyearlydr.atl05..o*
82
8t L. <fe San F. col. trust gold, sink, f d. not drawn C 104
Gen. M., g. (1st on 365 m.) $7,807,000 are 6s.o*
Collat.Tr.M.onbr'ches ($20,000 p. m.),gold..o* "57
Consol. mortgage, $50,000,000, gold, no option 1,691
Bouthwest Div. M. $1,500,000 red. at par, g.t'ec" 112
103
Cent.Div. stM., g,$3,462,000,red.at I02^.«o.c
106
N.W. Div.M (Wich.toEllsw.),$l,300,000,g.Co.c
.
J.
4 g. J.
6g. P.
A.
2 g J.
See text.
135,000
150,000
80.000
50,000
3,500,000
2,000,000
-
,1.
A.
F.
&
&
&
&
&
&
&
&
J. Jan.,'9 1 ,ooupon last pd.
J.
1901
posite
RR.—
do
do
1,
1,
1.
Apr.
June
Oct.
1,
1,
1,
Feb.
Chicago, 111.
O. N. Y.,F'rs L.&Tr. & St.L.
A. N.Y.,Farm.L.&Tr.Co.
1.
Jan.
J.
1951
1921
1914
1917
1919
1930
1929
5g.
<»)
1876
1876
1876
1879
1.000
1880
1,000
1881
1,000
1887
1,000
1896
1,000
1897
1,000
1899
1.000
1900 500 &o.
1936
Morton Tr.&St.L, July
St. Louis, Mo.
Feb.
N.Y.,
A.
O.
D.
100 27,408,700
See text
100
4
5,000,000
100 14.33 ,700 See text. See text
l,00"&c See text
4 g. J. & J.
d for ex change unde r plan of 1901
M <te N.
100 <fec.
500,000
5 g M <fc N.
500 <feo.
2,690,000
^ g M & N.
500 <fec.
2,400,000
6g.
non-oum
,
380,000
-
-
6
1.010.000
945,000
20,099,000
1,099,000
6,383,000
1,500,000
1,962,000
1.100,000
5&
g.
F.
6g
F.
6g.
J.
A.
J.
i g A.
b g
A
A.
i g A.
4 g.
-
-
-
& A.
& A.
& J.
& O.
& J.
&o.
O.
& o.
<fe
Checks mailed,
do
New Yoik.
Oct.1,1901,1%
Sep 2, 1901,
July 1, 1951
New
York, Mercan. Tr.
do
do
do
do
do
do
N. Y., United States Tr.
N. Y., Mercantile Trust.
N. Y., Union Trust Co.
N. Y, Mercantile Trust.
do
do
do
do
do
do
Nov.
Nov.
Nov.
Aug.
Aug.
July
Oct.
July
Oct.
Apr.
A or.
1,
1,
1,
1,
1,
1,
1,
1,
1,
1,
1.
1906
1906
1906
191£
1920
1931
1987
1996
1947
1929
1930
(See Map Mobile <& Ohio.)— Cairo to East
Louis <fc Cairo
Louis and branch. 161 nailes. Stock was $6,500,000, of whioh $6,483, "00 exchanged for M. & O., collateral trust 30-year 4 p. o. gold
bonds secured by Cairo stock, thirty shares of the stock being exchanged for $1,000 of the bonds, but the lease will be maintained. V.
70, p. 740; V. 71, p. 749. Dividends.—In '93-4. 14 p. c.; '94-5, 14; '95-6,
The company reserves the right at any time to redeem
either or both classes of its preferred stock at par in oash. Provisions
of the preferred stock certificates were given in Supplement of April,
SB
Second preferred
1 p. ot.
2 p. ct.
2
In 1901. on first preferred, Jan., 2 p. 0.; July, 2 p. c; Oct., 1 p. c.5
on second preferred. Mar., l 1^ p
Sept., 1 p c. In latter half of
1901 dividends on both preferred stocks were cnanged from semi-annual to quarterly.
Bonds—The consolidated mortgage (trustees, Mercantile Trust Co.,
N. Y., and Paschal P. Carr, of St. Louis) for $50,000,000 (abstract In
V. 64, p. 186,) is secured upon all properties and securities embraced
St.
St.
;
'96-7, »8 ; '97-8, 3».-(V. 70, p. 532.)
&
South. Ry.— See Mo. Pac. Ry. System.
St. Louis Iron Ittt.
Colorado
Forest Park (St
St. Louis Kansas City
Louis) to Belle, Mo., 102 miles; branch, 3 miles; trackage, Forest Park
to Union Station, St. Louis, 4 m.: also un ler construction westerly 76
miles to and beyond Versailles, Mo.; projected thence west to Kansas
City. Stock authorized, $20,000,000; outstanding June 30, 1901, $1,600,000. par, $100. Bouds are issuable at $30,000 per mile of main
line.
Presi lent, John Hcullin, St. Louis, Mo.; Sec andTreas., W. P.
Kennett- (V 72, p. 33.)
Southern
Campbell to Caruthers"
St. Louis Kennett
ville, Mo., 44 miles leases Kennett* Osceola RR., Kennett to Arbyrd>
14 miles, and St Francois Valley RR., Campbell to Caltgon, 10 miles!
total, 68 mi.es. Stock. $430,000. Year ending June 30, 1900. gross,
110,001; net, $41,609; int., taxes and rentals, $31,927; bal sur., $>V
J82. Pres., Louis Houck. Office, Cape Girardeau. Mo.— (V. 71. p. 1179 )
St. Louis merchants' Bridge Terminal Ry.— Organization. Double-track road from near Union Depot, via Main Street, Hall
Street, Ac, to Ferry 8treet, opposite the Merchants' Bridge, 7 miles. It
owns and controls the Madison 111. & St. L. Ry., connecting the town
of Madison and East St. Louis, 8 miles total, 15 miles. Leases Merchants' Bridge for interest on the Bridge Company's $2,000,000 bonds.
8tOck authorized, $3,500,000; issued to July 1, 1899, $2,939,500;
par, $100. On Dec. 31, 1900, there was due to Terminal RR. of St. L.
$1 ,008,489 for advances under its guaranty. In Nov.. 1893, Terminal
RR. Association of St. Louis acquired control of this company and
guaranteed by endorsement the principal and interest of its $3,500,000
&
RR.—
RR.—
&
,
;
mort. bonds and the interest on $2,000,000 Merchants' Bridge 6s.
after 20 years at 110 and interest.
gross. $762,510; net over taxes and rentals,
$188,344; interest, $193,270; deficit, $4,926.— (V. 62, p. 362.)
St. L»uls <fc North Arkansas
Seligman, Mo., connecting
with the St. Louis & 8an Francisco Ry., to Harrison Ark., 6>4H miles.
Successor by pu chase Feb. 1,1900, to Eureka Springs Ry. In Apr.,
1901, extension was completed to lead mines at Harrison. Ark., 50 m.,
a new first mortgage to secure $3,212,f 00 5 p. c. 50 or 100 year gold
bouds on entire proposed line of 128- miles, at $25,000 per mile,
being filed per plan V. 69, p. 645. Stock, $1,250,000; par, $100. "New
securities will not be issued until e tire projected line is built. Loans
and bills payable June 30, 1901, $57,363. One month ending July 30,
1901, gross, $21,798. In year ending June 30, 1901 (.28^ miles), gross,
$11»,174; net. $42,251; taxes, $2,728; bal., sur., $39,o23.— (V. 70, p.
281; V. 72, p. 45).
first
The 6s are subject to call
Earnings.— Year 1900,
RR.—
St.
St.
Louis
Louis
& Oklahoma
dc
—
City
San Francisco
Lines owned
Miles.
Louis, Mo., to Paris. Tex. 584
8t.
Springfield,
Mo
to
,
Belt,
Knoche
C
4
9
T
186
Denison to Sherman, Tex
Tot. system Apr. 1, 1901.1,915
To be teased in 1901—
Kan. City Ft. Scott & vr e m.. 1,035
Operated in July, 1901—
Fort Worth & Rio Grande—
Oklahoma
Bapulpa, I. T., to Denison,
X GX
........... ... .... .
Peir. eCity,Mo.,to Ellsw'h.K.
Beaumont. Kan., to Black.
Kan. City Sub.
Jet. to K.
Mo
RR.
261
(Kan. City),
Monett, Mo., to
Jet.
City, O.
Knoche
Ry.— See St. Louis & 8an Fr.
RR.— f See Map.)—Embraces
Trackage —
Miles.
. .
198
323
well O. T
79
Fc. W'th to Brownw'd.Tex. 146
Blanches in Missouri, Kansas and Arkansas
269
On Mar. 17 Sapulpa to Det Ison, Tex., was opened to all traffic— V.
71, p 437. In July, 1901. extension from Sherman to Fort Worth, 7 8
mdes, at a com ection with the Fort Worth & Rio Grande, was under
construction— see below.
°,BG ANI ? ATION— Organized June 30, 1896, to succeed to theprrperty
and franchises of the Railway company so d in foreclosure and reor.
Pf r Plan *" V. 6i, p. 829 and 1140— see also p. 742. Central Division
of Atl * Pac 112 miles, was purchased in July, 1897.- V. 65, p. 150.
„
Tne_Kansas City Fort Scott &. Memphis Ry., Kansas City via Memphis, Tenn., to Birmingham, Ala 738 miles, with branches 297 miles,
whose entire stock was acquired in 1901, is leased for int. on bonds
and 4 p. c. on pref. stock irust certificates, the new refunding bonds
being guaranteed, pincipal and interest. SeeK C. Fort Scott & Mem.
n hl9 SDI>PLEMIiNT aDd v 72
P 4 38, 532, 581,1238. Fort Worth
» i
,
<& Kto Crraude Ry.. Fort Wor-h to Brown wood, Tex., 146 miles, operated in July, 1901, as the Rio Grande division, has been acquired in
the interest of the St. L. & San Francisco, and will be extended to San
.
-
»
,
'
Antonio. -V.
.3, p.
-
>
139.
The Kansas City Suburban Belt terminal affords an entrance into
Kansas cry The 8t. Louis
Oklahoma City Ry. Co., Sapuipa, Ind
Ter., t" Oklahoma Cit y, 103 miles, was purchased In 1899, formal
possession being taken on March 28.— V. 68, p, 332, 674.
T
May 1901 an iuc eas* ln tne 8tock rrom $50,000 000 to
a.i^ /?««A"A7?
$100,000,000 was authorized <$l.=s,000,<>00 of the new stock being 2d
<fe
'
prer.) in
>
'
connection with the authorization of the refunding mortgage,
in order to comply with existing laws. None of the additional stock,
it Is understood, will be Issued at present.
V. 72, p. 723, 1031.
1897, page
6.
Dividends.—
First preferred
1897
2 p.
ot.
1899.
4 p. ot.
1898.
4 p. ct.
1900.
4
p. ct.
p. ot.
1901.
Below.
Below.
;
in the reorganization.
The refunding 4s of 1901 (limit ot issue $85,000,000) will be immediate! secured by depo -it of all the Kansas City division bonds, except those reserved tor improvement-, Kansas City to Bolivar, 147
miles, and deposit of $4,650,000 (all) St. Louis Ofela. & So. bonds,
Sapulpa. I T., to Denison, Tex., 197 mi es, and upon completion of
the refunding begun in 1901 will also be a first lien on the remaining
portion of the 1,902 miles owned by the company at the time of the
mahingofthe mortgage; meantime they are a blanket lien subject to
underlying bonds. When the A, B and C bonds maturing' 190b have
been exchanged, the new bonds will be a first collateral mortgage on
main stem from Pacific (34 miles west of St. Louis) to Seneca, Mo.,
etc., 294 miles.
Of the authorized i-su", $62,50o,000 were is-suable to
refund existing bonds, the balance being reserved for extensions and
improvements. In July, 1901, the syndicate which undertook to refund the entire bonded debt had purchased $30,000,000 of the new
bonds and had an option ou about as oiuch additional. Two tbirds
of the old bonds had been exchanged in July, 1901, for the new bonds
under terms in V. 72, p. 1081.
General Finances.— As to new acquisitions in 1901 see "organization" above. In June, 1901, no floating debt. The proposed refunding will on completion save $70,000 in interest charges annually,
unify debt and enable company to finance to advantage its additions
and improvements. V. 72, p. 723, lOsl. See Bonds above.
The votingtrust was dissolved July 1, 1901.
Stockholders of record June 30 were given the right to subscribe to
a cash fu d to the amount of 42 Vj per cent of their holdings, receiving
for each $42 50 cash (the rights per share) $25 in the 'Lp^T cent gold
refunding M. bonds of the Kans. City Fort Scott & Memphis Ry. due
1936, guarantee! principal and interest by the St. L. & S. i^., and $29
in 4 per cent preferred stock trust certificates of the K. C. Ft. S. * M.
issued agaiust the preferred stock deposited in trust.- V. 72, p. 1238.
Earnings.— 2 mos., ) 1901
Gross, $2,070,199; net, $934,355
July 1 to Aug 31. J1900
Gross, 1,570,236; net, 705,721
Road operated l,915miles in 1901, against 1,659 in 1900.
Annual Report.— Fourth annual report of reorganized company was
given at length in V. 71, p. 696, 762.
Tear ended lune 30— 1901.
1898.
1900.
1899.
Average miles
1.334
1,221
1,682
1.401
Grossearnings
$10,173,697 $7,983,246 $7,226,662 $6,«86.467
2,h56,358
Net earnings
2,8<.,471
4,328,690
3,290,719
Total net income.
2.926,118
2,962.632
3,408,722
Payments— interest.
2,037.997
2,13(',517
2,176, 35
Taxi s
88,404
207,976
227,479
13,272
Miscellaneous
39,339
30,648
Div. on 1st pref. (4) $200,000 (4%)20o.O
(4%)200,000 (4%)200,000
Div. on 2d pref..(2 12) 400.000 (2%)320,0<>0 (l%)lfcO,000 (1^)160,000
Ext ex. for con. &c
....
77,896
i
Balance, sur....
$
$376,364
$224,800
$326,445
B. F. Yoakum; Vice Pres, and Gen Mgr.. B.
L. Winchell; Vice-Pres. and Asst. to Gen. Mgr., (J. H. Beggs; VicePresident and General Auditor, Alexander Douglas; Secretary and
Treasurer. Frank H. Hamilton; Asst. sec. and Asst. Treas., Fred'k
Strauss. New York office, 25 Broad St.
Directors— (July, '01) Isaac N. Seligman, J. A. Blair. E. C. Henderson. Fred'k Strauss, of New York; Nathaniel Thayer. Benj.P. Cheney,
Officers— President,
Richard Olney, of Boston, Mass.; Samuel C. Eastman, Concord V. tf.; H.
Pierce, Geo. A. Madill, Richard C. Kerens, B F.Yoakum, St. Louis;
Henry K. MoHarg, Stamford, Ct— (V. 73, p. 3<-, 83. 139, 234, 287, 392.)
C
RR
&
—See V. 63, p. 30.
Louis Si loam
Southern
Bird's Point,
St. Louis Southwestern Ry,-(Sc« Map.)
Mo., opposite Cairo, 111., to Texarkana, Tex., 418 miles, and thence by
main line. 723 miles
the Texas road to Gatesville, 305 miles total,
branches, Mt. Pleasant to Sherman, 110 miles; Tyler to Lufldn,
89 miles; Oorsicana to Hillsboro, Tex., 40 miles; Commerce to
Fort Worth, 97 miles; Lewisville, Ark., to Shreveport, La.. 60 miles;
Mtheimer to Little Rock, Ark., 42 miles; St ttgart to Green waldt,
Ark., 35 miles; Maiden, Mo., to Delta. 51 miles; tray's Point Teiminal
Ry. (entire stock owned). Delta to Gray's f»t.. Mo., 16 miles, completed
in Oct., 1898; trackage rights to Cape rjirardeau, 15 miles, Wylie, Tex.,
to Dallas, and Wolfe City to Sher nan, in all. 99 miles; cither. 6 miles;
total, July, 1901, 1,293 miles. Of r,he 1.26H miles of main track, 104
are laid with 75-lb., 1,028 with 56 lb. and the lemalnder with 35,55
and bO lb. steel rails. On Jan. 3. 90', purchased at foreclosure sale
the Stuttgart & Ark. River RR., 35 miles, including above. V.72,p. 88.
St.
;
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AND CONNECTING LINES.
October,
)
:
.
RAILROAD STOCKS AND BONDS.
1901.]
INTEREST OR DIVIDENDS.
RAILROAD8.
For explanation of column headings, &c,
on first page of tables.
Miles Date Size, or
Amount Rate peri When
of
of
Par
see notes
Outstanding
Payable
Cent.
Road. Bonds Value.
Touts £ San Francisco ItR.— Concluded)—
Kan. O. Mv. 1st pur. inon. M., g.. red., text. Usui
o*
St. h. Wioh. & W. 1st M„ red. at 105, gold
147
145
Ft. 8. <feV.B.Bridgel8tM.,g.,dr.atl05,guar.p.&i.c*
Louis Sonthic— 1st M. ctt's., $16,500 p. m., g.o" 1,227
St.
$10.000,000,non-cuni.,gold.o* 1,227
91-'01 various
Car trusts June 30, 1901
Gray's Pt. Tenn'l, 1st M., gu., p.&i.e.g.SSt.o &r
St. Louis Wichita & WesVn.—See St. L. & S. Fkan.
St Paul if Duixith -See Northern Pacific.
St. Paul Eastern <t Or. Trunk— 1st M., g ,int. gu.o'
St. Paul Minn. <£ Manitoba—See Great Northern—
St. Paul <t No. Pacific— See North'n Pacific RR.
c
Salt Lake <t Los Angeles— 1st mortgage, gold
San Antonio <t Aransas Pass Stock
1st M. for $21,600,000 g., guar. p. & 1. (end.) .o**r
San Antonio <t Hrotc nsv. —1st M., g., $16,069 p. M
San LHego Cuyamaca <£ East'n Ry.— 1st mort., gold
Sandif Ay M». vsfield <t A eicark-See Balt. <fe OHIO
Sanford <t St. P'burg— 1st M.,g.not guar.PeP
—
w PeP
16
1897
1,000
56
1883
15
1893
guar. p.
1.,
4g.
1T$65,000
6g.
2.000,000
261,000
6g.
4 g.
20,000,000
4 In 1901
10,000,000
6
924,535
5g.
339,000
1,000
1,000
6g-
J.
687
275
25
300,000
5,000,000
1893
1,000
18,900,000
N'ne Mar.'Ol
1900
550,000
1888 500 &c.
153
1894
100
4
5
500
100
1,000
J.
J.
J.
5 g-
A.
um
Taxes
,....
Int. on 1st M. bonds....
int. on 2d M. bonds...
Equipment payments..
155,771
800,000
400,000
258,825
66.907
Rentals, etc
Balance
sr $1,154,974 sr.$270,292 sr.$408,617 sr$157,29l
Officers.— President, Edwin Gou'd: Vice-President and General
Manager, F. H.Britton; Treasurer, U. K. Warner; Sec, Geo. Erbelding
Director?.— Kd win Gould. Irvineton.N.Y.; R. M. Gallaway, Thomas T. Kckert'
Wln*i«w s. Pierce, William H.Taylor and Albert L eb, New v ,rk; Murray
(
CarlPton. F.H. Brittoo and Charles Parsons.
Office, 195 Broadway,
V.
New York—
!=t.
Loui-.
73, p. 237,
551, 720, 723.
8t. Louis Vandalia & Terre Haute RR.— (See Map Pittsb.
Oman. Chic, <t St. L.)— East 8t. Louis to Indiana State line. 158 miles.
Capital Stock.—Stock, $2,379,358 common and $1,544,700 of 7
per cent cumulative pref.; par $100. The Terre Haute & Indianapolis owns $326,000 preferred and $500,000 common stock, the Penn•?lyania RR. $837,000 preferred, and the Pennsylvania Co., Dec,
00, 1,350,000 common and $381,700 preferred. Dividrnds paid on
pref. stock 1891-1899 aggregated 70 per cent.
(See Sup. Jan., 1900.)
Bonds.—The first mortgage bonds due Jan. 1, 1897 ($1,896,000).
urcna8eQ ft t maturity by the Pennsylvania RR. Co. V. 64, p7on* E e $2,600,000
second mortgage bonds were purchased May 1'
i oSo c^
Dv Pennsylvania Company. V. 66, p. 761, 811; V. 68, p. 477.?'.
Both issues are carried at 4 p. c. pending adjustment of funded debt.
E N
^? ?i ? l- For 10 moa ending Aug. 31, gross, $1,667,509 in 1900-1,
against $1,587,915 in 1899-0.
;
!
—
-
Annual Report— Report
Sm
J»°«
,0el,31, »
Oross.
for year 1899-00 in V. 70, p. 529, showed
Oper'gexp's.
Net.
Rental.
$1,943,524
$1,394,229
$549,295
$583,057
1,829,221
1,280,159
549,062
548,766
l 9 2°„
otn er income, $13,733; r barges were: Taxes, $63,710; In*J£
79,840; car trusts, etc., $70,957; balance, surplus, $282,284.
.;«
—(V. 70, p. 529.)
St. Paul. -See Chicago Milwaukee & St. Paul.
aul
**•
nln *»
Purchased July 1, 1900, by North. Pac
-(V. ,0, p. 126, 895, 947, 1096, 1250; V. 71, p. 30.)
v S Pa ul E " 8tern Grand Trunk Ry.— (See Map Chicago d
1899
^£
U
RR.—
*P
£
^onS
,
from °conto to Clintonville, Wis., 56 miles. Leased
for
years to Milwaukee Lake Shore & Western.
cent of gross earnings, interest on bonds being guaran
teert.
Lease acquired Aug. 16, 1893, by Chicago* Northwestern
through purchase of Milwaukee Lake Shore & Western.
St. Paul & Northern Pacific Ry.— Merged in Nor. Pac. RR.
a
.i? D* ^HtI 4? IjOS Angeles RR.— Road from Salt Lake to Salt
Sicnnnn" t k.V15 milGS standard gauge—see V. 65, p. 824. Stock
•150,000. In 1901 $300,000 first 6s were outstanding.
For year
Q Jan e 30 1901> gross, $52,688; net,
$22,835, against $19,-06 in
i2oo £n
i
1899-00. other income, $6,024; charges, $19,836.-(V.
65, p. 824
n n nI« * Aransas Pass Ry.— Owns from Kerrville to
¥T?«=
ft2
Houston, 308 miles; Kenedy to Corpus Christi, Tex., 90 miles Yoak
r>'<-
,
9
"
,
»
Mental ^U per
*
i
>
'
^
)
;
N. Int. from Nov. 1, 1900.
8. N.Y., Mercan. Trust Co.
—
Last
Dividend.
&
J.
&
J.
M.
J.
A.
M.
M.
J.
J.
Lake
Salt
City.
N. Y.. Cent. Trust Co.
New
J.
J.
York.
In default.
N. Y., 12 West 23d St.
do
do
N.Y.,46Wall,& Fr'nk'frt
O. San Fran. & New York.
J.
J.
J.
N. Y. Mer'tlle Tr. Co.
N. Y., Central Trust Co
do
do
N. Y., 21 Cortlandt St.
1,
Sept. 1,
Office,C.&N.W.,52Wall. Jan,
&""j.
&
&
&
&
&
&
&
&
&
&
&
&
&
Nov.
Jan.
1,
1913
1,
1913
1. 1943
1930
July 1, 1918
Jan.
Jan. 1, 1924
Jan. 1, 1924
Jan. 1, 1919
Apr. 1, 1928
Sept. 1,
July
Apr.
May
I,
1,
1,
1,
1942
1943
1928
1913
1913
do
do
May
Troy, United Nat'l Bk. Julyl5,*01,3i*
N. Y., 44 Wall St.
July 1, 1937
to Waco, 171 miles Skidmore to Alice, 43 miles, Shiner to Lookhart, 54 m.; branch, 21 m.; total, 687 m., all 50-lb. steel.
History.—Reorganized without foreclosure sale in 1893, management passing to So. Pac, which owns $2,000,000 stock.
;
Bonds.—Mortgage is for $21,600,000 (trustee, Central Trust Co.)
and the So. Pacific Co. by endorsement on each bond guarantees unconditionally " the punctual payment of the principal and interest."
Bonds for $2,700,000 reserved for extensions, limited to 100 mllea
at $27,000 per mile, equipped.
See full abstract of mort. in V. 56,
p. 540. Due South. Pacific Co. June 30, 1900, $2,200,057
Latest Earvings.— For 11 mos. ending May 3 1901, gross, $2,486,639; net, 9^650,6 *1; fixed charges and rentals, $694,424; betterments,
additions and equipment, $160,694; bal., def., 1204,438.
Annual Report.—Fiscal year changed in 1897 to end June 30. Report for year to June 30, 1900, wasin V. 72, p. 627, showing: Gross,
$2,181,811; net, $471,230; ofh. income, $5,027; interest on bonds,
etc., $1,048,105, including $121,678 for improvements; balance, deficit
for year, $571,848.— (V. 72, p. 627.)
1 ,
San Antonio & Rrownsvllle RR.—Projected to extend from
San Antonio, Tex., to Brownsville, near the mouth of the Rio Grande
River, 275 miles. Stock authorized. $1,000 per mile. In May, 1900,
the Texas Railroad Commission authorized the issue of bonds at $16 069 per mile. In Mar., 1901, no bonds had been issued. President, H.
M. Aubrey, San Antonio, Tex.— (V. 70, p. 997.
San Antonio & Gulf RR.—San Antonio to Stockdale, 37 miles.
Successor in April. 1897, to San Antonio <fe Gulf Shore Ry. Cartital
stock authorized, $1,000,000, issued Oct 18P8, $32,000. In Aug., 1901,
was owned by a syndicate, no bonds had been issued, and there was
no floating debt. The Texas RR. Commission has approved the issue
of $250,000 bonds. For year ending June 30, 1899, gross, $40,085;
.
net,
$14,928;
deductions, $2,939;
bal.,
sur.,
$11,989.
President,
George W. Breckinridge; Secretary and Treas., John A. Fraser, San
Antonio, Tex.— V. 64,
$1,752,211 $1,653,250 $1,106,004
(70-34)
(71-80)
(7905)
$1,847,896 $1,737,708 $1,114,911
151,567
133,495
131,007
800,000
800,000
800,000
360,000
180,000
204,889
171.061
61,148
44,536
26,613
J.
J.
J.
4g.
5 g4,940,000
5 g2,964,000
5
375,000
120,000
(6) gr5
24,000
450,000 7 per an.
900,000
5 g.
1,000
1,000
1,000
1,000
,
g.
g.
6g-
100
375,000
300,000
1,000
4.019,000
1,000
1,000 None Mar'00
July 1 following such declaration —V. 70, p. 1292. First interest payment on 2d mortgage inoomes, 2 p c, made July 1, 1899; 1*678 p c.
paid Jan. 2, 1900; 2-322 p. c. July 2, 1900, making 4 p. o. for 1899. V.
TO, p. 687, 1292. In 1901, Jan., 2 p. c; July, 2 p. c; 19<>2, Jan.. 2 p. c.
Gray's Point Terminal guaranty in V. 69, p. 1062. St. L. So. W. owns
all stock and leases road for fifty years. <V. 65, p. 413.)
General Finances.-Iii Feb 1899, $1,000,000 additional 4 per
oent Income certificates sold for improvements and betterments,
and In Mar., 1901, $1,000,000, making total listed $10»000,000.—V.
72, p. 534. Interest payments on 2d M. were begun in 1899.
Earnings.— 2 mos., >190i
Gross, $1,068,917; net, $293 982
July 1 to Aug. 31. J1900
Gross,
949,202; net, 340,148
Annual Report.— Annual meeting is held at St. Louis, Mo., on the
first Tuesday in October.
Report for 1 900 01 was in V. 73, p. 721
Tear ending June 30—
1901.
1900.
1899.
1898.
Gross earnings
$7,387,174 $5,908,284 $5,862,338 $5,279,332
Operating expenses... 4,632,892
4,156,073 4,209,088 4,173,328
P.O. op. ex. to earns...
(62-72)
Tot. net, incl. other inc. $2,836,478
&
&
&
&
J.
)
$2,754,282
M.
6g.
St. Louis So uth western— (Concluded —
Organization.—Reorganization per plan In V. 50, p. 141, 561 of St.
Louis Arkansas & Texas, sold In foreclosure In October, 1890. Consists
of two corporations— the St. Louis Southwestern Railway Co., and the
St. Louis Southwestern Railway Co. of Texas— V. 69, p. 646.
Stock.—Stock Issued, common, $16,500,000; pref., 5 p. c. non-cum.,
P20,000,000 ,of which in treasury June 30, 1901, common, $143,900;
preferred $106,350. Par of shares, $100.
Bonds.—The first mortgage certificates are Issued against a like
amount of first mortgage bonds secured upon the constituent lines at
• rate not exceeding $16,500 per mile, and the second mortgage certificates against second mortgage bonds at $8,250 per mile. Interest on
Incomes, not exceeding 4 per cent non-cumulative for the calendar
year, Is declared (if earned) in Oct. and Apr., from the net earnings of
toe half calendar year next preceding, and is payable on the Jan 1 or
Net earnings
Whom.
When Due.
Slocks
1920
1919
A.
O.
do
do
Apr. 1, 1910
M.
N. Y., Central Trust Co. Nov. 1. 1989
N.
J. & J. N. Y., Merc. Trust Co.
Nov. 1 1989
Various N. Y., Central Trust Co. To June, 1905
J. & D. N. Y, Cent. Tr. & St. L. Deo. 1, 1947
iff.
1,120,000
153 1894
end. 8. F. &
San Fran. <t No. Pacific—1st M., gold, s. f.UIe.c'Ar 165 1889
Cal. Northw., let M, $2,000,000, g., gu.p.&l.,s.f.
60 1898
San Fran. <f San Joar/uin Yal.— See Atch. Top. <fe 8. Fe.
Santa FePres.d PA<Knwr-lstM.,$5,000,000,g.OTe.c* 198 1892
2d M., gold, (Cent. Tr. beneficial cent's.). Ce
198 1893
Presoott & East., 1st M., $375,000, p. & I. gu.Ce 26i* 1898
Saranae <t Lake Placid— 1st M., $120,000,g., Ce.c*
10 1893
2d mortgage. $24,000, Ce
10 1896
Saratoga d Schenectady- Stock (rental guarant'd).
Moult Ste. Marie Bridge— 1st M., g.,8.f.,dr'n at 110 c
1H 1887
tf $2,994,000 additional deposited under refund ing mortgage
Do
&
1900 $1,000
1879
1,000
1885
1,000
1890
1,000
1891 500 Ac.
Bonds— Principal,
Where Payable, and by
I
St.
2dM. 4% incomes,
127
p.
708; V. 69,
Sandusky Mansfield
and V.
69, p. 743,
Sanford
*t.
&.
p.
591.
Newark RR.— See B. & O.
statement
851.— (V.
69, p. 743, 851; V. 70, p. 77.)
(See
Petersburg
Sav. Tlor.
West.)
—From Sanford, Fla., to St. Petersburg, 153 miles. Formerly Orange
Belt Railway, which was sold at foreclosure in March, 1893. Stock is
$600,000 ; par, $100. First mortgage is for $1,000,000 of 4 p. c bonds.
interest reduced from 5 p. c, of which $675,000 have been issued, and
of these $300,000 are guaranteed principal and interest by end. of
the Savannah Florida & Western (see oopy of guaranty in V. 64, p.
843.) The balance of the loan unissued ($325,000, Jan. 1. 1899) is
deposited with the Metropolitan Trust Co., New York, for improving,
equipping and broad-gauging the road. For year 1900-01, gross,
$122,294; deficit under operating, $7,454.— (V. 64, p. 888.)
&
Ry.—
Map
A
&
San Francisco
North Pacific Ry.—Point Tiburon, Cal., to
Ukiah, Cal., 106 miles, and branches, 59 miles. Consolidation of March
Has steamer connection (6 miles) with San Francisco.
19, 1889.
Leased to the California & Northwestern Ry., Incorporated in March,
1898. The S. F. & N. P. guarantees $2,000,000 Cal & Nor. 5 per cent
bonds, to be Issued at $25,000 per mile. V. 67, p. 370, 688, 788. Stook
issued, $6,000,000; par of shares. $100.
Bonds.— Issued at $25,000 per mile; sinking fund, $25,000 yearly,
bonds drawn at 110 and interest. [Mortgage abstraot V. 49. p. 241.]
Stock reported in Nov 1898, owned by President A. W. Foster,
Director Geo. A. Newhall and others. V. 67, p. 1 ill.
Latest Earnings.— For 2 months ending Aug. 31:
2 mot.
Qross
Charges.
Net.
Bal., sur,
,
1901
1900
$215,995
$90,586
$45,542
$45,044
204,573
95,352
45,726
49,626
Annual Report.— Report for 1900 01 in V. 73, p. 442. showed ?ros8,
$1,039,000; net, $337,579; charges, $224,513; bal., surplus, $113,06*.
In 1899-00 gro38, $958,223; net, $319,287.— (V. 73, p. 412.)
San Fran. San Joaquin Val.— See Atch. Top. & Santa Fe.
San Pedro Los Angeles
Salt Lake Ry.— Projeoted from
Salt Lake City, Utah, to the Pacific coast, with branches, making an
aggregate of about 1,100 miles, the Los Angeles Teiminal Ry., 51
miles, being acquired and was formally merged, about Apr. 1. 1901, as
a part of ihe new line. In Dec. 1900, active work was going on In
construction from Los Angeles to near Redlanls, Cal., 71 miles. V.
71, p. 1067,1220,1312. Decision as to right of way,
73, p. 237.
Stock authorized, $25,000,000; issued, Dec, 1900, $2,501,600. Bonds,
$20,000,000 fours, of which $2,500 000 issued to acquire Los Angeles
Terminal Ry., together with $2,500,000 stock. President, W. A.
Clark; Secretary, P. F. Miller; Treasurer, W. K. Rule— (V 71, p. 1067,
1220, 1312; V. 72, p. 184, 581, 937; V. 73, p -237 )
San Pete Valley Ry.—Nephi, Utah, to Morrison, 51 miles; Quarry
Branch (opened Autr., 1899), Nephi to Cooper, Utah, 5 miles; total, 56
miles. Stook, $510,000; par of shares, $100. Bonds. $565,000 1st
gold 4s, dated 1894, due 1923, interest J-J, and $250,000 2d mort. 4s,
dated Tune 1, 1895, due 19 tl, interest J-J, Farmers* Loan & Trust Co.,
New York, Trustee Year ending June 30, 1900, gross. $21,448; def.
under oper exp. ,$2,769. Theo. Bruback, Gen. Mgr., Salt Lake City.Utah.
Santa Fe
Reorganization, see V. 73,
Grand Canyon
p 185.
&
&
V
&
RR.—
Santa FePrescott& Phoenix Ry.— Owns Ash Fork on Santa
Fe Pacific (Atchison system), via Prescott to Phoenix, Arizona,
198 miles; opened in March, 1895. P. & E. Jet. to Mayer, Ariz., 26-4
.
12S
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ST. LOUIS
SOUTHWESTERN
RAILWAY.
o
October,
:
RAILROAD STOCKS AND BONDS
1901.1
139
Subscribers will confer a great favor by giving Immediate notice of any error discovered In these Tables.
Bonds— PrlnciINTEREST OR DIVIDENDS.
RAILROADS.
Miles Date Size, or
Due.
Amount Rate per When Where Payable, and by pal.WhenLast
Stocks—
of
of
Par
explanation of column headings, &c, see notes
Outstanding
Cent.
Payable
Whom.
Dividend.
Road. Bonds Value.
on first page of tables.
Savan'h Florida & West.— Stock, com., $12,500,000
Pref. stk..no vot. power,4%,n.-cum., $12,500,000
Now 1st mortgage, gold ($2,444,000 5s)I»Ip.c*.fer
Consol. mortgage ($20,000,000) gold.
o*
St. John's R. I)lv., 1st M., $1,500,000, g. red. CI 0"
Charleston & Savannah, gen. mort gold.SHn.o*
1st and 2d pref. Inc.. $1,000,000 each, non-oum
Bruns.&W. 1st M. Bruns. to Albany, g., gn. »l j>.o
.
Montgom.) iVIp.xc
M.,8pragueto Luveme,gold
Iflp.xo*
Ala. Mid., 1st M., g.tBainb. to
1st
Sil.Sp.O.A G., 1st M., g. (Ocalla to Invern.
& br.)o*
$100 $12,500,000 4
545
819
130
103
103
171
175
33
75
100
1,000
1.000
1,000
1,000
1,000
1884
1893
1899
1886
1886
1888 50O &0
1888
890
1888
1
1,000
1,000
1,000
in 1901
6,500,u>n>
7,i6'2,000
5g.&6g. A."&"o.
5
g.
M.
g-
J.
4
7
7
4
8-
5
1,450.000
1,500,000
2,000,000
3,000,000
2,800,000
g<
M.
g.
J.
J.
J.
500.000
1,112,000
4
AH
f
2d mortgage, Income
c<fer
Sun. & Lewis., 1st M, $600,000, p.& 1., g.«nPo*
Pennsylv. Schuylkill, 1st M., (owned by Pa RR.)
Schuylkill <t Lehigh 1st M., guar, by Read'g Co...
Schuylkill Valley Navigation <& RR.— Stock
Seaboard Air LineRy.— Stock, com., $37,500,000..
Preferred stock, 4 p. c, nnn-cum., $25,000.000..
CoBac.tr
let M., $75,000,000, g. (see text)
Gold bonds sec. by collat.(V.71, p. 699) guar.N .o*
Col tr. rer. M., g., $10,0<0,000, red. at 105Ce.c*
—
Equipment
Carolina Central old bonds, non-assented
1st oonsol.M., $3,000,000, gold, gu.p.&l.end.F
Note.— There
are $475,000 additional
1895
1,000
4,241,000
1894
4 R.
TT300,000
1874 100 <fec.
500.000
6
1881
6
1,000
1,500,000
5
1878 100 &c. a 1,000,000
1878 100 &o.
6
1,350,000
1896
500,000
1,000
4g.
3ia
1885
1,000
5,000,000
1898
4
1,000
600,000
50
576,050
5
100
29,107.6:0 To be in
100 16,695,100 To be in
1900 l.OCO&c 12,775,000
4g.
1S00
1,0(0
2,000,000
g
t
1901
1,000
8,000.000
g
5,0u0
1900
i
2,143.687
olidat ed mort gage.
-
-
trust, duequarterly
Old Loans, ex eluding amounts (*)pledged unde
tf
14
48
43
43
56
101
43
r cons!
....
'81-'94
267
1898
4sung uaranteed.
1,000
1,000
a Inclu ding $124,50
m. built under charter of Prescott & Eastern, was completed in Oct.,
1898, and is leased for 99 years and its $375,000 bonds guaranteed.
Stock, $7,904,000.
The road is tax exempt by legislative enactment for 20 years from
1891.
The interest charges on 1st mortgage bonds amount to
$247, dOO per annum, after payment of which the surplus earnings
may be used for improvements, etc., as provided in a contract with
the 2d mortgage bonds under which substantially all of the 2ds have
been deposited with the Central Trust Co., N. Y., against its certifloates of beneficial interest. See official statement to N. Y. Stock Exchange on listing of $4,940,000 1st 53 in V. 68, p. 326.
Latest Earnings.— 2 mos., > 1901
Gross, $156,948; net, $80,086
July 1 to Aug. 31.
154,805; net, 82,120
S 1900.... Gross,
Earnings.— Report for 1899-0 was in V. 71, p. 859.
Tears ending June 30—
1901.
1900.
1899.
1898.
Gross earnings
$956,624
Operating expenses
439,975
Per cent of op. exp. to gross. (45-99)
$987,132 $875,288
437,584
455,285
(44-33)
(5202)
$764,124
365,270
Net earnings
Total net income
$549,548
$555,477
17,154
395,2d0
$398,854
$399,416
$ c 16,649
$52^,711
17 637
395,621
& E. RR!
on bonds, eto
Rental of P.
Interest
6420,003
$430,957
11,829
395,257
115,233
3,000,000
(47-80)
365,560
&
&
&
J.
J.
&
6
4g.
M.
M.
M.
M.
J.
T.
M.
&
&
&
&
&
&
&
&
&
&
&
&
&
1,
1,
July
1,
Jan. 1,
Irredeemable.
Jan. 1, 1938
New York City.
21 Cortlandt
>>.
& Read.RR.
Read'g Term'l.
N. Phila., Phil.
voting t rust.
N. Y., 32 Nassau
A. & O.
do
do
A. & O.
M. & N.
New York.
&
&
&
J.
J.
J.
bonds held
St.
Broad St. Stat'n
do
do
N.
do
do
N.
J. N.Y.,Am.Ex.N.Bk.&Ph.
J. Phila.,
voting t rust.
J.
Deo.
July
1,
1,
1,
1928
1929
1918
1945
1924
1924
Sept. 1. 1901
May 1, 1928
May 1, 1938
July 1, 1936
Deo. 1, 1935
May 1. 1948
July 13,'C 1,2*
1,
1,
Sept. 1,
Apr.
St.
Oct.
May
1,
1,
1,
1950
1902
1911
To Julyl,1918
J.
J. Bait.,
J. N. Y.,
all
Nov.
Jan.
Jan.
J.
8. N. Y.,
8. Phila.,
1934
1943
1934
1936
May
& Cha'st'n
do
J
Apr.
do
N.Y.,12 W.23
J.
15, '01,4
do
do
do
do
N. N. Y., Metropol. Tr. Co.
D.
N. Y., 12 W. 23d St.
J.
Tr.end.June 30— 1901.
Gross earnings
$5,150,490
Net income
1,581,453
Interest and taxes
Mer. Tr.
Farm.
L.
& D.
& T.
Co.
Co.
1920
Jan.
1,
1949
ve in sinking fund.
1900.
$4,491,760
1,289,605
947,465
1899.
$3,992,196
1,022,676
858,965
1898.
$3,642,058
1,071,365
874,711
$342,140
$163,711
$196,654
8urplus
-(V. 72,
& Savan.
do
N. Y.,
N.
23d St Jan.
April.
J
Guaranteed Loans.
Florida So. 1st M., $5,000,000,g., gu., 4% aft. '99
Sanford & 8t. Petersb., 1st M., g. guar., end.
Schenectady <& Duanesb.— 1st mort., interest guar..
Schuylkill dt ./K>iin(a-No. & West Br. Ry., 1st M..
Sonb. Haz. & Wilk., 1st, Ser. A, drawn at 100...
N. Y.,Ofl.,12W.
Jan.
12,500,000
p. 88,
138, 184, 1035, 1280; V. 73, p. 83, 237, 495.)
Schenectady
& Duanesburg.—From
N. Y., to Schenectady. N. Y„ 14 miles.
Hudson Co. Stock, $100,500.
Quaker Street Junction,
the Delaware &
Owned by
8'hnylklll & Jnniata RR.— Philadelphia to New Boston, Pa.,
10130 miles; Wilkesbarre to Sunbury, 64 13 m.; Selinsgrove Jo. to
Lewistown Jc, 44-74 m.; branches, 79 15
miles; total, 289 32 miles.
A
consolidation in June, 1900, per plan V. 70, p. 842, of the Nescopeo
RR., North & West uranch Ry., Pennsylvania Schuylkill Valley RR.,
Sunbury Hazleton& Wilkesbarre Ry. and Sunbury
& Lewistown
Ry.
V. 70, p 895.997. Entire stock owned by Pennsylvania RR., which
leases the road for its net earnings and owns all the $5,000,000
Pennsylvania Schuv lkill Valley 3*$*, and $1,400 000 of the $1,500,000
North & Wei-t Branch 6s.— V. 71, p. 136. In Apr., 1901, a consolidated mortgage had been executed, but no bonds were to be issued
"at presei.t " Rental 1900, $1,561,824: other income. $12,103; int.,
President,
etc., $689,541; dividends. $405,080; bal sur., $479,307.
Samuel Rea; Treasurer, Taber Ashton.— V. 71, p. 864; V. 72, p. 873.
,
Balance, surplus
F.
•
$112,453 $143,123
$23,871
$33,856
M. Murphy, Pres., Prescott, Ariz.— (V. 71, p. 859; V. 73, p. 781.)
Saranac
Lake Placid RR.— Owns
from Saranac Lake to
Lake Placid, N. Y., 10 miles operates under contract N. Y. Central"
Saranac branch, 56 miles; total operated, 15-6 miles. December 19,
1896. leased to Chateaugay RR. and Chateaugay Ore & Iron Cos.
Jointly for 17 years, and interest on bonds reduced from 6 to 5 p. c;
rental 35 per cent of its gross receipts and one-half net profit from
transfer business at Lake Placid- at least $7,200— to pay 5 per cent
Interest on bonds, which interest is guaranteed jointly at 5 p. c. to and
including Nov.
1913, by endorsement. Stock, $250,000 (par $100.)
LHvidtnds— In 1893, 3 p. c; In 1894, 2 p.c; in 1895, 2 p. c; none since
to June 1, 1901. For 1900-01, rental, $8,492.— (V. 64, p. 182.)
A:
;
1 ,
& Schenectady RR.—Saratoga to Schenectady, 21
Leased in perpetuity in 1861 to Rensselaer & Saratoga and
Saratoga
miles.
lease assigned to
Rentf
& Hudson
Del.
$31,750 per year.
1,
Canal, by which it is operated.
Dividends, 7 p. c. yearly.
Stock, $450,000.
It Ste. marie Bridge.— Own Sault Ste. Marie Bridge, includ421 feet of main track. The Canadian Pacific, Duluth Soutb
Shore & Atlantic and Minneapolis St. Paul & Sault Ste. Marie RR. cos.
agree to pay for use of bridge an amount equal to operating expenses,
and interest and sinking fund of debt. Mortgage, $1,000,000; sinking
fund $5,5O0 yearly. Stock. $1,000,000 In 1900-1 earnings were
eqnal to operating expenses, interest on bonds and sinking funds. For
year U98-9 gross earnings, $64,394; net, $51,512.
Sai
ing
e
& Western Ry.— (See
Savannah Florida
Map.)— Charleston,
B.C., to Tampa, Fla., with branches to Bainbridge and Albany, Ga.,
and Jacksonville, Chattahoochee and Gainesville, Fla., etc.; also Jack
sonville to Sanford, Fla., aDd branch (part of former Jacksonville
Tampa* Key
West, purchased under foreclosure Apr. 4, 1899), 129
Montgomery, Ala with branch, 208 miles;
170 miles: total owned. 1,578 miles; leases
39 mues. Operates Sanford & Lake Eustls Ry., Sanford to Tavares, 29
8
Total mileage, 1,695. In 1900 sold steamship line— V .70, p.
miles; Bainbridge, Ga to
*
f*™ n wlc]l to Albany, Ga..
,
<
™.
.
'
Plant System.—This road belongs to "Plant system," which see.
The main line of the Jacksonville Tampa & Key West, 129 miles,
was purchased at foreclosure in 1 899, in interest of system, giving a
throueh line from Tampa to Charleston via Jacksonville. V. 68. p. 672.
The Charleston & Savannah Ry., Brunswick & Westfrn RR„ Alabama Midland Ry Silver Springs »cala & Gulf RR. and Tampa &
lnonotosa^sa RR. were merged in July, 1901, adding 568 miles to the
road own> d in lee, and various additional lines, aggregating 60 miles,
in Sept.. 1901 -V. 72, p. U 35, 1280; V
73, p 237, 495
Stock.— The stock is all held by the Plant Inve stment Co. In June,
mmon wa8 'teased from $9,432,900 to $12,500,000 and $12,*™ n™
ouu.uou 4 p. c. non-cumulative preferred stock. Issued to purchase the
properties named above.— V. 72, p 1035, 1280; V. 73, p. 83.
8 -0
^ the $ 2 0.0°0,000 consols of 1893 sufficient are reserved to retire consols ol 1884 and for betterments extensions,
eto.
8 R1 e
Div l8t 4s are subject to call at par to Jan. 1,
i o^
1905. ^ii? p. 7o J
V.69,
132.
<
J^T
.
-
siS^oJ'
8mce'86,%J
2402
^
8
'
'*? 9
„°- 91
'
'
-
93
642
'94. '95. '96. '97 to '98. '99. '00. '01.
-
3*
1^4
2
1901.Grosa, $1,178,209; net, $299,695
) ? 1900 Gross,
1,124,786; net, 308,298
R E ORT *~".Fo y sar endln g June 30, 1900, earnings of roads consol„» * ^ not
J J
idated,
inoluding the former Tampa & Thonotosassa, 13 miles,
Earnings. -1,635 miles.
July 1 to Aug. 31 (2 mos
roes '
$
V
>
net. $. ,983,923: interest, taxes, etc.. $1,457,E°£'£&
5 ^' 75 9
1111898 9 «r0RS $6,419,715; net, $1 i.51 l«o'
,
489. For old Sav Fla. & Western the results were:
Tk.4
k
i
i^i^'*
™
-
'
-
Schuylkill
& Lehigh RR.— Owns from High's Farm, near Read-
43 miles. In 1883 leased to Phila. & Reading RR. for 999 years and in 1896 lease assumed by Phila. & Reading
Ry. Rental, $27,000 per annum. Reading owns the stock ($600,000).
ing, Pa., to Slatington, Pa.,
&RR.—
Schuylkill Valley Navigation
Port Carbon to Reevesdale, Pa., 11 miles; 2d track, 5 miles; branches, etc., 8'24 m.; total track,
28 miles. Leased July 25, 1861, for 999 years to Phila. & Reading RR.
Lease assumed in 1896 by Phila. & Reading Railway Co. Kental
$29,450, which pays 5 p.
c.
on stock and State taxes.
Seaboard Air Line Ry.— (Nee Map.)—This company owns
a
from Richmond, Va., to Atlanta, Ga., and Jacksonville and
Tampa, Fla., with branches to Rutherfordton and Wilmington, N. C.,
Augusta. Ga., etc., comprising in all 2,600 miles, of which 2,542 owned
and Meldrim to Lyons, 58 miles, operated under perpetual lease. Under
agreement with the Pennsylvania RR. through car servioe has been established between New York, Philadelphia, Washington and the South.
Of the. lines owned in July, 1901, 1,210 miles were about to be consolidated embracing all lines north of Savannah and east of Atlanta,
except the Seaboard &RoinokeRR ,81 miles, from Portsmouth, Va., to
Weldon, N. C, of which over 92* per cent of the stork is owned. The
rest of the system is owned through stock. Also will own a one-sixth interest in the Richmond- Washington Co. controlling the road from Richmond, Va., to Washington, D. C. V. 72, p. 340, 534; V. 73, p. 33, 493.
Organization.— An amalgamation in 1900 of various "Seaboard"
lines (see list V. 69, p. 907), including those whose securities are shown
line
in the table above, the Richmond Petersburg & Carolina, etc. In July,
1900, the entire system was in operation; 200 miles of new connecting lines having been built The following companies were about to
be absorbed by consolidation in July, 1^01:
Raleigh & Gaston RR. Co.. Raleigh & Augusta Atr Line RR. Co.. Carolina
Central RR Co.. Georgia Carolina & Northern Ry. Co.. Seaboard Atr Line Belt
KR. Co.. Palmetto Ry. Co., Chesterfield & Kershaw RR. Co. acd South Bound
RK. Co. (See bonds beli wj.
Stock.— Authorized $62,500,000, of which $25,000,000 pref. Outstanding Oct., 1900, common, $29,107,650, and pref. $16,695,100.
Bonds —The 4s of 1900 will upon merger of certain lines about to be
effected in July, 1901, be a first and only lien on about 320 miles of
road, inrluding 102 miles of main line from Richmond to Ridgeway
and 108 miles from Hamlet to Columbia (subject only to *155,000
prior lien bonds on two branches) also a direct mortgage on the whole
l,21«» miles of consolidated road, subjeot only to Drior lien outstanding bonds thereon not exceeding $12,748,000 "(or an average of
$10,500 per mile) and a consolidated collateral lien on the remaining
mileage of the system.
The4s of 1900 have been issued, pledged or reserved as follows
Total authorized issue in no case to exceed
$75,000»000
Of which outstanding
12,776,000
Deposited or to be deposited to secure the $10,000,' 00coll.tr.
ref 5s
20,000,000
;.
Reserved to retire at maturity, dollar for dollar, nil the underlying bonds on the va ious divisions of t'e system
29,725,000
Issuable only after July 1, 1903, for additional properties, improvements, extensions, etc., at not excee >iug $i,6uu,uu0 for
four years and $i,i'00,0'0 per annum t ereafter
12,800,000
The collateral trust refunding gold 5s of 1901 will be secured by deposit with the trustee of $20,000,000 4s of 190O and will be applied to
fund the $3,400,000 6 per cent certificates (V. 70. p. 842), called for
payment on Aug. 28, 1901, to purohase a one-fifth interest In the road
from Richmond, Va., to Washington, D. C, and minority stocks of subsidiary lines, and to provide for retirement of maturing car trusts,
floating debt, future betterments, etc., and to retire the $2,000,000
collateral trust 5s. due Oct , 1902. (V. 71, p. 69'), for which an equal
amount of collateral trust 5s are reserved. V. 72, p. 1280. The $2,;
483,000 Ga.
& Ala. 5% preference bonds were paid
Oct
1,
1901.
INVESTOKS' SU1TLEME.NT.
130
"
t-
[Vol. LXXIII.
Springs.
'
RaleighV
rSalisliury
Ashevilli
Wilson
A /.R\\o L
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A
f<Charlotte
Wadosbdrjo
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ernantlina
monticello''
"^R^X
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AC KSO N V LLE
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CITY
«/^ t ™-
jL^'^' ^- *
,„
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0<^#U
'
-illi^MB^ »c-
SAVANNAH, FLORIDA
WESTERN RAILWAY
@ AND
Pickett'
I
^\ARt
TiEW ORLEAN
/»
'
Tji^
'**<
-
JBfCaUahan
' \\'^
\
(Irri-ioiiQ
WJ x~~°B,w\S^
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t^St
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Tlj
a
r>
Eldrldge
m
i«ywoj
HOMOSASSA\/^0- .,-"«
ALLIED LINKS.
'';,'
» LHE n
PLANT SYSTEM
RAILWAY & STEAMBOAT
LINES.
f
*<f
MIT.F.S.
&.
Western Ry.
Alabama Midland Railway
Florida Southern Railroad
.
.
.
,
1,038
208
244
.
.
^«> S VV>^fr
l
Western Railroad
&.
170
.
102
Charleston &. Savannah Railway
&
Sanford
Silver Springs Ocala
St. Johns &.
153
Petersburg Railroad
St.
L
- w\Laka
Bowling Green
Z
^H,.-
v
9.
,
St.
>
t
,'t
.
^»?Jt
HZolio Springs
QBiaidentown
*
^_
I
y)
Q Arcadia
^^gOsprey o|„ _
c Fort Ogden
f ^^—-^~y,
_"' PUNTA
;.(....
/
GOR.OA
Vharl&CfejgS
Eden
1
-W^
,
48
Lucie >
w
Cleveland
I
Ill
.
,'bastian
m Kurt Meade
pl""M."'ia
65
Gulf R. R.
Lake Eustis Railroad
Other Lines
.)
c
r
"Jit i
Bail- 'S<' /
„ \> ,„
/tiiipu
1
Brunswick
Gallie^
Melbourne
MILEAGE TABLE.
Savannah, Florida
Eau
/fta\°°*<>i
N
Mc >""t
W<"' "'?ft^f 0R r MYERS
" IVVSl^iSki
.
»
E»
^
%,'^f Palm B
„
.nViest
,.
,
'
'
PLANT STEAMBOAT LINE:
(,
',
*,
,
Port
Tampa
&
...
Punta Gorda and Fort Myers
Ml l/t'O
Port
Tampa
t%
to St. Petersburg
.
36
80
»
"
:-Z^
RAILWAY LINES
STEAMBOAT LINES
Wrtl
i
'''''.'to
Fort Lauderdale
Naples
\H^
»
Miami
10
,
2,139
.
.
.
TOTAL
.
?V
'»*
C.Sa
126
2,265
ft
o
&
'<*
J-
HAITI
PORTO
wTsA^To'b-;
JAMAICA
HONDURAS^S.
',
RECAPITULATION:
r]
1
»
»
....
Ellenton
'
I
/.•
/
RICO
.*l.iri'jriuilo
It
It
i:
A
S
S
Jl
A
»^x*A
•<"
_.
f^
October
RAILROAD STOCKS AND
,901. J
131
BOls'DS.
N
/
.
)/
l
V
11.
JKalama
T/\
-<- ««Ua "n
OilCy
;,<!
li.illjc^-
Altoo
Pittsburg
-Tj>
rv.
ndria
*ui
Wlnt'SiiHbui
Spis.
i-ruwensboro
;
^>1
II.M.l. IMJI1
0T
Glass
fc.
BlbomfieldV
ield/
3 Spring!
(
I
>r-
G
«
Martin
V Wartract
•TAMPAVo^juel
Zolfo Sprs.
Lake
Okeechobee-
MAP OF THE
SEABOARD AIR LIXE SYSTEM
Florida Central & Peninsular System!!!!!!
GEORGIA & ALABAMA RY.
AND PROPOSED EXTENSIONS.
Ice-Worth
v^M
ias
LNYESTOKS' SUPPLEMENT.
[Vol. LXXIII.
Subscriber* will confer a great favor by giving Immediate notice of any error discovered In these Tables.
RAILROAD.
Mlle8 Date
Size, or
For explanation of column headings, Ac, see notes
of
of
Par
Road. Bonds Value.
on first page of tables.
Seaboard Air Line Ry.—t Concluded)
Durham A Northern, 1st uiort $150,000
Roanoke & Tar River, $260.000
Flor. Cen. & Pen. 1st M. $5,226 p. m., gold Oe.e*
2dM. (1st on ext.. 92 in.) $5,226 p.m., gold. A. o";
Consol.M., $7,800,000 ($10,000 p.m.), gold.G.C
8outh Bound 1st M.,gold. int. rental.JIe Ba.c*
Ga. A Ala., 1st M.,con., $10,000,000, g.BBa.C
Ga. A Ala. Term Co ,1st M.,$l,000,0(>0,g. p.Ai
Ga. Carolina A Nor., 1st M., g., guar.Itte Bao'..
Raleigh A Augusta, 1st M., guar. p. &1..R. AG. o*
Raleigh A Gaston, 1st mort $1,500,000, gold.. o|
Seaboard A Roanoke -1st M. $2,500,000 ... c**r
Debent. $690,000. tobeseouredby any 2dM.r>
Car and equipment trust*
.
,
Shamofcm Sunbury
<*
Lewisburg— 1st mort
o'Ar
2d mortgage, gold
o*
42
83
575
666
268
107
....
81
1882
1890
31
31
i
|
;
—
A
Stunt.
WatereeRiv.lstM.,$lOO,000,g.,gu.N.o*
16
1889
1887
1900
18«7
1895
1,000
1,000
1,000
1,000
1898
1,000
1887 500 Ao.
1900 500 Ac.
1899
1,000
1894
1,000
1894
1,000
1899
1,000
,
V. Y.
office,
Richmond; N. Y.
office,
32 Liberty St —(V. 72,
p.
1230;
V. 73, p. 33.)
Seaboard Sc Roanoke RR.—See Seaboard Air Line Ry.
Sea Coast
above.
RR.— In June, 1901, merged In Atlantic City RR.
built.— V. 68. p. 929.
In July. 1901, tns conflict
V. 69, p. 386, 852.
between opposing Interests was reported settled —V. 73, p. 83.
Stock, $3,000,000. Bonds, $1,500,000 1st 40 year gold os.dated Apr.
1, 1399, int. A-O at Metropolitan Trust Co., N. Y., trustee; $825,000
Issued. See full particulars in V. 69, p. 182. and advertisement in
(Chronicle of July 22, 1899. President, W. E. Guerin.-(V. 72, p. 6J8,
989; V. 73, p. 83).
Sebastlcook
1399, A.
B.
Sc
.Hoosehead
Tnompson,
RR.—V.
of Plttatteld, Me.,
68, p. 1078.
was appointed
On June
24.
receiver.
Shamokin Snnbnry Sc Lewisburg RR.— Carbon Run Jet. to
West Milton, Pa., with iron bridge over Susquehanna, 31 miles; second
track, 15 miles; total of all track, 58 miles. Leased to Philadelphia A
Readlncr RR. July 2, 1883, for 999 years at 6 per cent on the stock,
and lease assumed in 1896 by Philadelphia A Reading Ry. Used for
ooal traffic northward. Stock, $2,000,000 (par, $50) owned by Reading
Co., of which $1,995,000 is deposited under mort. of '97.— (V. 51, p. 21.)
Shamokin Valley Sc Pottsvllle Ry.— (See Map Pa. R R. )—Sunbury, Pa., to Mt. Carmel, Pa., and branch, 37 miles. Leased Feb. 27,
1863, for 999 years to the Northern Central Railway Co., with a guarantee of taxes, Interest on the bonds and 6 per cent on the stock, of
which $619,650 is owned by the Northern Central. The $2,000,000
first 7s were paid at maturity July 1, 1901.-(V. 73, p. 139.)
Sharon Ry.—Owns from Newcastle, Pa., via Sharon, to Pymatunlng, Pa., with oranches, :->4 miles in all. Consolidated with Newcastle A Shenango Valley RR. and thereupon leased to the Erie RR.
for 900 years from Dec. 1, 1900, for interest on oonds and 6 per cent
on stock, the old bases being canceled.— V. 72, p. 88; V 73, p. 399,
New Brunswick.— V.
Shore Line Ry. of
p.
72, p. 138, 723; V. 73,
664.
Red
Ry.—
Shreveport Sc
River Valley
Shreveport, La., to
Plnevllle, 122 miles, operated in Oct., 1901. Extension from Pineville
to Mansura, La., about cO miles, was under construction and further
extension proposed to the Mississippi River and to New Orleans. In
Jan. 1901, stock was authorized to be increased from $600,000 to
$1,000,000. Of the bonds, $20,000 are authorized to be Issued per
mile and $300,000 additional for a bridge over the Red River at Alexandria. V. 72, p li 89. Stock, $800,000 authorized
President, Wm.
Edenborn, Cnicago, 111. -V.72, p. 1189.
Sierra Railway (of California).— Owns road from Oakdale,
on line of Southern Pacific, to Carters, Tuolumne County, 58 miles.
Opened November 10, 1897. Branch, Jamesto .vn to futtletown, 4*a
miles, was completed Aug. 1, 1900. Stock authorized, $5,000,000; isFor
sued, #2.750,000. Second mort. income bonds $15,000 per mile.
6 month- ending June 30. I9l»0. gross. $100,534; net. $45,485; int. on
bonds. #27 310. Year 899, gross. $206,:i65; net, $103,620. President,
A. Ponlatowski; Secretary, L. Rickey, San Franoisco, Cal.
Sierra Valleys RR.— Plumas to Clairvllle, Cal., 31 miles. Stock,
$945,000; par. $100. Pres.. Henry A. Bowen; Sec, Wm. S. Kittle, San
1
Francisco, Cal.
RR.—
In June, 1901, merged in
Sc On If
71, p. 233, 237 )
Sllverton, Col., to Ironton. 22 miles. In
July, 1899, Alexander Anderson wa- appointed receiver.— V. 69, p.
132. Stock. $350,000; par. $100. Bonds. #425,000 1st gold 20-year
6a, dne Out. 1, 1903. Year 1893-99, gross, $10,885; net, $1,899; interest and taxes, $27,120.— (V. 69, p. 132.)
Somerset Ry.—Owns road from Oakland to Bingham, Me., and
branch, 42 miles.
Road opened In 1890. Capital stock Is $736,649
(par, $100). Of the 4s of 1900 Maln<» Trust A Banking Co., Gar-
Sliver Springs Ocala
A West. Ry.— (V.
Mlverton RR.—Owns
Sav. Flor.
g.
g.
g.
5g.
g.
5
6
5
6
6
4iflg.
g.
gg.
5
5
4g.
4*2
5
g.
g-
5g5
J.
J.
J.
"
6g.
6
4
6
6
A N. Bait. Mer. Tr. A D. Co. Nov., 1928
A O.
do
do
1917
A J. N. Y.. 32 Liberty St. July I, 1918
do
A J.
do
Jan. 1, 1930
do
A J.
do
Jan. 1, 1943
A. & O. N Y.S2Ltb'tyet ,or Bait Apr. 1, 1941
J. A J.
N. Y., 32 Liberty St.
Oct. 1, 1945
J. A D.
Dec. 1, 1948
New York.
J. A J. Bait., Mer. Tr. A D. Co. July 1, 1929
do
J. A J.
do
Jan. 1, 1926
Jan. 1, 1947
J. A J.
do
do
do
do
July 1 1926
J. A J.
Aft. July,1916
F. A A.
do
do
M. A N. Phlla., Phil. ARead.RR. May 1," 1912
July 1, 1925
do
do
J. A J.
F. A A. Phlla., Broad St. Stat'n Aug., "01,3%
M. A 8.
Sharon, Pa.
Sept., '01, 3*
J. A D. N. Y., Farm. L. A Tr. Co. June 1, 19l9
J. A J. N.Y.,Farm.L.ATr.Co. July 1, 1917
July 1. 1950
I. A J.
A. A O. Crooker-Woolworth Bk. Apr. 12. 1937
1915
F. A A.
F. A A. N. Y.,U. S. M. ATr.^o. Aug. 1, 1918
J. A J. Boston A Oakland, Me. July 1, 1917
J. A J. Boston, Nat. Shaw. Bk. July 1, 1950
MAS. N. Y., ontin'l Tr. Co. Men. 1, 1929
M. A N. N. Y., J.P.Morgan A Co. May 1, 1919
Deo. 1, 1924
do
do
J. A D.
Apr. 1, 1919
do
do
A. A O.
M.
5g.
6
5
When Dae
Stocks— Last
Dividend.
A.
5g.
5g.
5
5
Whom.
Payable
Botids— Prlnol;>al,
g.
diner, Me., trustee, the balance are reserved to retire the old 5s at or
before maturity.— V. 70, p. 1096. Bills payab e June 30. 1901, $20,53 19
Earnings.— Year 1900-01, gross, $109,123; net. $30,429: charges,
$17,760; balance, surplus for year, $12,659.— (V. 70, p. 895, 1096.)
Sc Georgia Extension RR.— Owns Camden,
C.to Marion, N. C, 171 miles Blaoksburg to Gaflhey, S. 0., lO^ m.
Organization.—A reorganization in Sept., 1898, of the Ohio River
A Charleston foreclosed. V. 67. p. 635. Stock, $500,000. For year
ending June 30, 1901, gross, $2m0,011; net, $64,037; int. and taxes,
South Carolina
8.
;
$64,126; bal., def., $89.
In 1899-0, gross, $248,176; net, $50,794.—
(V. 68, p. 979.)
South Carolina
Charleston, S.
Sc
RR.—
(See Map Southern Ry.)—
Ga., with branohes to Columbia, S. O.,
Georgia
C, to Augusta,
owned, 242. In Oct., 1899, the Sumter & Wateree River
was completed. V. 71, p. 447.
History, Etc.— A reorganization in May, 1894, of the old South Carolina RR. per plan given in V. 58, p. 867. In April, 1899, control was
acquired by the Southern Rv.. which leased tue road for 30 years to
May 1, 1929. Under the lease the Southern agre. s to apply the net
earnings of the road towards tlu payment of operating expenses, in
terest on bonds, car trust obligations, etc. The Southern may, at its
etc.; total
Ry., 16 miles,
meet any deficiency, reoeiving in return certificates of indebt
edness payable on demand.— V. 68. p. 873.— See also V. 69, p. 390.
Stock.— 8took $5,000,000; outstanding $3,622,500, mostly owned
by Sou hern Ry. Car trusts June 30, 1900, etc., $63,230.
Annual Report.—Report for 1897-98 given in V. 67, p. 1106. Earnings since lease inoluded in those of Southern Ry.— (V. 69, p. 82.)
option,
Seattle Sc San Francisco Ry. Sc Navigation.— Organization.
—Incorporated in March, 1899, to own 1,931 aores of coal lands 25
miles southeasterly from Seattle, Wash., 24 acres of terminal and dock
f>roperty at Seattle, etc.; also steamship lines and 35 miles of railroad
f
6
6
5
100,000
225,000
172.»00
1,092,000
5,250,000
400,000
100,000
i
General Fiva^ces.—Capitalization per mile is reported as $19,380
bonds, *tj,5G0 preferred aud #11,450 common stock.
Latest Earxs.-2 mos., ) 1901
Gross. $1,795,488; net, $568,717
Gross, 1,613,434; net, 276,721
Jan. 1 to Aug. 31
$1900
^Earxisos, Charges, Etc.— For 11 mos. ending May 31, 1901. gross,
$10,CKH,77J, against $•*. 801,936 in 1899-0. Upon retirement of the 6
fier cent certificates called tor payment on Aug. 28, 1901, the annual
nterest on outstanding bonds and rentals of the system will amount
to $2,524,n00. The net earnings (after deducting taxes) for the 5
months ending May 31, 1901, were, as shown above, $1,538,145, or at
the rate or about $3,691,548 per annum. V. 72, p. 1280.
f' Officers.— President,
John Skelton Williams; Vice-President and
Gen. Mgr., J. M.Barr; Secretary, D.C.Porteous; Treas .John H.Sharp.
Directors. -John Skelton Williams, Richmond, Va.; James M. Barr, » or folk,
Va. E. K. Addisoi, of Richmond. Va.; J. W. Midoemlorf. Wm. A. Marbury. S.
Davles Wsrtleld and Robert 0. Davidson, of Baltimore. Aid.: Geo. VV. Watts.
Duroam N. C; James H. Uooley. of Richmond, Va.; Krank R. Pembert in. New
York; Wm. K. Cochran, of Youkers, N. Y.; C. Sidney Shepard, of New Haven,
Main
*$100,000
•50.000
3,000,000
415,000
4,372.000
2.033,000
2.922,000
1,000,000
5,360,000
1,000,000
1,200,000
2,500,000
•290,000
62 ,000
1,000,000
1,000,000
869,450
657.500
164,000
250,000
1,520,000
870,000
300,000
50
50
Vol.
INTEREST OR DIVIDENDS.
per When Where Payable, and by
Cent.
1,000
1,000
Sharon—stock
,
Outstanding Rate
1S88
1887
1888
1,000
1890
1,000
1893
1,000
1891
1,000
1895
1,000
1898
1889
i",6bo
1886
1,000
1897
1,000
1886
1.000
1886 100 Ac.
780
136
400
36
<t PottsviUe—Stock, guar, by No. C.
34
($800,000) 6 p.o., guar, by rental. F
Sharon, 1st ML g. (Sharon to Pymat etc.)
16
F;
New Castle A Chenango Valley— 1st M., int. gu. .
17
Shreveport <t Red Riser Valley— 1st M.,g.,text.F.e*i
76
Sierra Ry. (of Oat.)— 1st M., g., $1,860,000, s.f.5%
58
Sierra TalUys— 1st M. (Cal. Safe Dep. Co. trustee)
31
Stiver Spr. Ocala <* Gulf— See Saw Fla. A West. Rr.
Skaneateles RR
5
1st mortgage, $100,000, gold....
42
Bomertet Railway -1st mortgage
o
42
Consol. mortgage, $420,< 00. gold
So.Oar. <t Qa. Exten.— 1st M., $1,800,000, g.Co..c*
182
South Carolina <t Ga. -1st M. $5,250,000, g.Ce..O* 242
81
Augusta Southern 1st mort., gu. p. A 1. end., g.o
Shamokin
Amount
Southern Indiana Ry.—Terre Haute, Ind., to Westport, 150 m.:
Operates Bedford Belt Ry.. Bedford to Oolitic, Ind.. 4 m., under perpetual contract, by which all the earnings above interest on $350,000
5 p. c. bonds go to Southern Ind. Ry.; total, 154 miles. Coal branch
under construction, 8*3 miles, leaving main line 1 *4 miles south of
Jasouvllle, Ind. A reorganization of Evansvllle A Rich. RR., foreclosed Mar., 1897.
STOCK.Common, $3,000,000; pref., $500,000; par, $100; all issued.
BoND8.-Of the 1st 4s of 1901, $5,000,000 are issuable to retire the
$1,500,000 58, construction expenditures in 1901, additional
equipment, etc.. and further bonds at $20,000 per mile for single
track and $10,000 per mile for second track constructed or acquired
In addition to 150 miles from Terre Haute to Westport —V. 72. p. 1032.
Report for year ending June 30, 1901, was in V. 73, p. 389, showing:
gross, $436,987; net. $142,900; other income, $2,840; charges. $112.410; surplus, $33,330. In 1899-00. gross, $343,019; net, $148,583.
President is John R. Walsh; Seoretary, C. F. Weinland, 201 Dearborn
St., Chicago, I11.-(V. 69, p. 591; V. 71, p. 751; V. 72, p. 1082; V. 73,
old
p.
389)
Southern Missouri
Sc
Arkansas
RR.—Owns
from Cape
Girardeau, Mo., to Hunter, Mo., 94 miles; leases, branch, 6^ miles
Extension from Mingo to Poplar Bluff, 18 miles, to be opened about
Nov. I, 1901, and extension from Poplar Bluff to Pocahontas. 52 miles,
was let Aug. 14, 1901. Stock, $1,000,000, all outstanding; par,
A reorganisation per plan in V. 68, p. 233, of the St. Louis
$100.
Cape Girardeau A Fort Smith Ry., sold under foreclosure on May 1,
1899. -V. 68, p. 872.
Bonds, Etc.—Of the Ists of 1899 $600,000 bear 5 p. o. interest from
July 1, 1899, and the remaining $400,000 for five years ure to be noncumulative incomes, but thereafter entitled to 5 p. o. fixed Interest.
Bonds at the rate of $15,000 per mile in addition to the $1,000,000
may be issued under the mortgage for now mileage above the 94 miles
originally acquired
On t-xtenslon to Poplar Bluff. $200,000 bonds will
be Issued and $600,000 more on 52 miles to Pocahontas. V. 73, p 83.
Latest Earnings.— 8 mos., J 1901.... Gross, $141,569; net, $56,461
116,395; net, 40,966
Jan. 1 to Aug. 31
1 1900.... Gross,
Year ending Dec. 31, 1900, gross, $184,846; net. $76,617; int., taxes,
Pres., Newman Erb, New York, N.Y.
eto..*28,000; bal.. sur., $48,647
Treas.. Van R. Caldwell, Cape Girardeau, Mo.— (V. 71, p. 864; V. 72,p.
676; V. 73, p. 83.)
South Pacific Coast Ry.—Narrow Gauge.—Alameda to
Santa Cruz, 77 miles; branches, 27 mile*; ferry. 3 m.; total 104 miles.
Leased for 55 years from July 1, 1887, to Southern Pacific Company,
which guarantees the bonds and owns all the $6,000,000 stock. Year
1899-00, gross, $882,237; net, $161,671; def. under charges, $.41,049.
Southern Pacinc Company.— ( See Maps.)— Road.— This company owns no track in fee, but principally through ownership of stock,
partly by lease it operates a great system of roads extending from
San Francisco to New Orleans (thence by company's steamers to New
York, etc.), and to Portland, Oregon, to Ogden, Utah, with branches.
Organization. Organized under laws of Kentucky. In Feb., 1901,
the Union Pacinc acquired $70,000,000 to $80,000,000 of the capital
stock, a strong working control, but the road will noniiuue to be
operated Independently. V. 72, p. 242, 284. Under plan for readlustment of Central Pacific securities, the southern Pacific in 1»99
acquired the entire cap tal stock of the Central Pacific. See that company's statement; also see below. In July, 1901, it was proposed to
•
—
.
October,
KALLROAD STOCKS AND BONDS.
1901.1
subx rlberi.
by giving: Immediate notice
till confer * great favor
133
any error (Uncovered In these Tables.
Bonds— PrinolIN f ERK8T OR DIVIDENDS.
ol
RAILROADS.
Miles Date Size, or
pal,When Due.
Amount
of
of
Par Outstanding K»te per WiieL Where Payable, and by Slates— Last
column headings, &c, see notes
Road. Bonds Value.
Whom.
Omt Payable
Dividend.
on first page of tables.
for explanation of
Alaba ma— lstM.,s.f.notdr'n;guar.byL.&N. 189
2d mort. gold, s. f. $2,000,000 (owned by L. & N.) 189
189
Consol. mort (for $10,000,000). gold, guar.Ce..o*
o*
150
South' n Indiana— 1st M., gold— See text. .EC
Southert, Missouri <t Arkansas -Stock, $1,000,000
"94
1st mortgage, 5 per cent K.
94
do
$400,000 income, 5 years
South Pac. Coast— 1st M.,g., gu. (s. f. 1912)
F.o 104
Southern Pacific OOMPANT—8tock($200,000,0o0)
Col. trust mort., gold, sub to call at par. l'n..o*<fcr
Steamship 1st mort. bonds, 8er A. $3,000.000. ..
Coll. tr.mort., g., see by Pao.Mail.etcred. 02. Ce*
392
louth. Pac. of Arizona— 1st M, ser. A, gold, guar. .cat
do
do
Series B gold, gu ar
o&r 392
—8tock, $129,455,000 auth...
Southern Pacific RR
f 1st Miseries A, gold
land grant.. o* 1
.1,
sink'g fund.c*
eouailv J Series B, gold
1,045
Series C & D, gold., [not subject. o* f
.««.,\iS
•ecurea.
Sto.<*.Yo.
—
,
i
I
I
I
^ series E & F, gold.. J
to oall. ...o* J
Pae. Br. 1st M., g. s.f ., $50,000 In 1897, not dr'n
187
So. Pac. gen. mort. ($38,000,000), gold
o*Ar 1,587
Stockton & Copper. IstM., g. (guar, by C.P.)
26
1st oons.M., guar., gold.s. 1. not dm..
c*Ar 1,982
do g.,gu.,st p. subj to call 107 1*, aft. l905.o*Ar
8.
,
Bonds assumed
in
—
79
114
114
149
373
54
167
.
Southern Pacific Co —(Concluded
large
rears.— V
amounts
£645,400
1901
1899
1899
1887
500
500
$2,000,000
4.779,000
2,750,000
889,000
600.000
400.000
5,500,000
197,832.148
28,818,500
2,358.000
15,000,000
6,000,000
4,000,000
101,289,160
12,637,500
4,525,000
7,931,000
5,124,000
3,533,000
1,000
500.000
6.809,000
20,420,000
ISSti
1,000
100
1899 500 &o.
1891
19f0
i,6bo
1879
1,000
1880
1,000
100
fl875 500 &o.
1875 500 Ac
J
1 1876 500 <feo.
(1882 500 Ac.
1887
1,000
1888
1,000
1875 500 &o.
1893 500 &o.
1893 500 &e.
6
g.
& N. Lon.,Bar.Bros.<feCo.,L'd May 1, 1903
& O. N. Y. Of., 120Broadw'y Apr. 1, 1910
& A. N. Y., Office. 120 B'way. Aug. 1, 1936
New York.
Feb. 1, 1951
& A
& J. N. Y., Knick. Trust Co. July 1. 1939
1939
& J. N. Y.. 8. Pac. 23 Br'd St. July 1, 1937
& D. 1st coup, paid Dec.1899 Aug. 1, 1949
Jan. 1. 19H
& J. N. Y., 23 Broad St.
do
Deo. 1, 1905
do
& D.
& J. N.Y., 8. Pac, 23 Br'd St. Mch., 1909
Mch. 1, 1910
do
do
& J.
& O. N.Y., 8. Pac, 23 Br'd St. Apr. 1, 1905
do
do
Oct. 1, 1905
& O.
Oot. 1, 1906
& O.
do
do
Apr. 1, 1912
do
& O.
do
Apr. 1, 1937
& O.
do
do
do
Oct. 1, 1938
& O.
do
Jan. 1, 1905
do
do
& J.
Nov. 1, 1937
& N.
do
do
Nov. 1, 1937
& N.
do
do
Jan. 1, 1912
& J.
do
do
Jan. 1, 1911
& J.
do
do
July 1, 1905
do
do
& J.
A J.
do
Jan. 1, 1907
do
Oct. 1, 1938
& O.
do
do
June 1, 1929
& D.
do
do
& J. New York, 23 Broad 8t. Jan. 1, 1911
M.
6g. A.
5
g.
4g.
5
F.
F.
J.
4g.
J.
4
6
'
g.
J.
J.
J.
J.
J.
g.
4ifl g.
6 g.
6g.
6g.
5g.
A.
A.
A.
A.
A.
A.
5
J.
6
6
g.
g.
6g.
6
g.
g.
5g. M.
5g. M.
Consolidation of 1898.
California Pacific. 1st mort., gold (exfd in 1887)
2d M., gold,gu.p.&l., end. by Cen. Pao., ext. In '91
3d M.. gold, guar.by Cent. Pao. ($1,000,000 are 3s)
Northern Ry. (Cal.), 1st mort., lnt'st guar., gold.
Cons. M. ($21.0o0.000), g., 1st M.on 225 m.c*Ar
Northern California, 1 st mortgage, gold.
Southern Pacific of New Mexico 1st M., gold. .oAr
upend
*200
$1,000
1,000
1,000
100
1873
18S0
iu
1867
1871
1875
1877
18&8
18S9
1881
1,000
1,000
500
1,000
1,000
1,000
1,000
)
improvements during the next two or three
7.<. p. 33
System comprises the following fully described under their own titles.
(1) Proprietary Lines
Controlled (also leased BY)
Pac. Co.
>ntral Pacific RR
Controlled by Morgan's La. A
Tex.— Operated Independently.
(8)
SO.
Milts.
1.359
Ujuisifua Western RR
HI
Morgans La. * Tex. RR. 4 SS..
3*4
loutb Pacific Coast Ry
101
Southern Pacific KR. of Arizona
393
loutbern Pacific RR. of Cal
.. 2,670
iouthern Pac, RR. of New Mex.
167
Oregon A California RR
666
.
.
Miles.
Gul f Western Tex. A Pac. Ry
Iberia & Vermilion RR
Total Proprietary Lines
Tot'i,deduc.24i2
ra. leas,
to
.
. .
Ill
16
7.P56
Atch.7,614
Leased and Operated.
New Mexico & Arizona RR
(41
Sonora Ry
Total RR. Mileaee Ju«e30.
88
263
07
'"0.. «,'
Controlled by So. Pac. Co.— Tot'l.deduc. 242 m. leas, to Atch.7,965
Operated Independently.
Steamship Lines (3,440 propriet'y) 8,665
aly. Harrlsb'K A San Anton. Ry
918
Affiliated Li - ks. Etc.
Hew York Texas A Mexican Ry
91 Austin A North Western RR.. ..
108
re as A New Orleans RR
326, Central Texas A N W. Ry
12
Galveston Houston A Northern..
53 Fort Worth A New Orleans Ry.
40
30'i, Houston A Texas Central RR ..
Carson A Colorado Rv
508
Houston K. A W. Texas Ry
6«?
191 San AntonU' A Aransas Pass Ry
Houston A Shreveport RR
124
39 Gila Valley Globe A North'n Ry.
Grand total of o«ned. eased and affiliated ines
9,444
(1)
.
In Jan.. 1900, Southern Paciflo interests acquired control of the Galreston Houston & Northern, Houston to Galveston, 53 miles. In Feb.,
1900, substantially all the stock and bonds of the Carson & Colorado
were acquired and the road will be broad-gauged and eventually extended as a link in a new line mnde from Los Angeles, in Southern
California, easterly towards Salt Lake, Utah. In Nov., 1900, a malority of the Pacific Mail SS. stock ($10,005,000) was acquired. V. 71,
p. 1013, 1312.
Proprietary Lines.—These, with a total mortgage Indebtedness
June 30. 1900, of $319,914,106. are mostly owned—only $1,666,503 out
of their total stock of $291,273,572 not being held on July 1, 1900, by
the Southern Pacific Co. " Omnibus Lease," see Sup't of Jan., 1899.
8tock, Etc.— Total stock authorized, $200,000,000, inoluding $67,
875,500 exchanged in 1899 for Central Pacific stock— see Central Pacific and V. 68, p. 378, 725; V. 69. p. 132; V.70, p. 740.
Bonds.— The fifty-year 4 per cent collateral trust gold bonds authorised by the Southern Pacific Co. In 1899, in connection with Its ac
quisltion of the stock of the Central Pacific, are for the total authorized
amount of $36,819,000, and are subject to call at par on six month"'
notice. The first issue of $28,818,500, secured by the $67,274,200
ooiumon and $12,000,000 preferred stock of the Central Pacific, was
Issuable forthwith. The remaining $8,000,000 can be issued from
time to time only as an equal amount of Central Pacific preferred is
received and added to the collateral, $5,000,000 of this stock being
reserved for improvements and additions on the Cent. Pac. at not
exceeding $200,000 yearly-see Cent. Pac. and V. 68, p. 378. See
Mortgage Abstract, V. 69, p. 859.
The first refunding 4s and 30-year gold 3^8 issued by the Cental Pacific are unconditionally guaranteed, principal and interest.
The two-tlve-yeare collateral trust 4^8 of 1900, limited to $30,000,OOo (present i^sue, $15.000,000., are secured by deposit of $7,174,000
par value of various bonds and $59,487,0i>0 stocks of companies controlled, lnclu lng Pacific Mail etc.. and $1,530,000 Wells, Far.ro & Co
•tock; other $15,000,000 is issuable against the deposit of additional
•tocks and bonds of companies controlled or acquired up to 90 per
•ent of the actual cost thereof. See Mortgage Abstract, V. 71, p.1314.
Earnings- For 11 months ending Ma> 31:
Net.
Oth. inc.
Charges.
BaL.sur-.
.}}~ mo '' , Grots.
$72,188,765 $24,690,373 $697,540 $20,026,234 $5,361,680
\%™-\
18990
62,935,766 20,270 137
........
........
........
annual Report.— Fiscal year now ends June 30. Report for 1899-0
at length In V. 72. p. v:87 to 296; editorial, p. 263.
11898-99.
Average miles of rail lines operated, pro- U899-00.
prietary and non proprietary
7,545
7,175
Gross earnings of proprietary and nonprietary lines.
$64,400,726 $56,305,352
Operating expenses, including taxes and
rentals
44,242,980
38,230.813
Net Income from operation
$20,157,746 $18,074,539
Difference between miscellaneous income
and miscellaneous expenses
+1,321887
—767,740
Interest on funded debt (including interest on Central Pacific RR Co. notes to
the United States since Feb. 1, 1899, and
the Tuurman Act requirements prior to
that date)
$2i 479 633
'
$17,306,798
'
14,226,213
12,«28,823
Surplus
$7,253 420
$4,477,975
From surplus above shown were appropriated for betterments', ad
fittons, etc., $2,730,407 in 1899 and $3,334,790 in 1900.
{Earnings and expenses of Houston & Texas Central RR. and subsidiary lines in Texas not included above were in 1899-0:
Gross, $4,-
2,232,000
4!ag. J.
4*2g. J.
1,595,000
2.998,500 3g.&6g. J.
5.156,000
6g. J.
4,751,000
5 g. A.
1,074,000
Bg. J.
4.180,000
6g. J.
475,570: net, $1,257,309; charges, $1,070,119; betterment* and additions $123,^61; new equipment, $188,579; bal, deficit. $124,950.
President, E. H. Harriman.-(V. 72, p. 281, 284, 287, 340,439,
62«, 676, 822; V. 73, p. 33, 392, 445, 723.)
Southern Pacific
of Arizona.— (See Maps.)— Own Yuma
to New Mexico boundary, 393 miles. The stock Is $19,995,000, all held
by Southern Pacific Co., which pays all oharges and 12 per cent of net
profits under " omnibus lease."
RR.
Earnings.— 11 months, > 1900-1. ..Gross, $4,052,835;
net, $2,130,976
1899-0... Gross, 3,435,990; net, 1,551,602
Year 1899-00, gross, $3,737,962; net, $1,693,684 ; surplus over
charges. $988,511; due 80. Pac Co., $31,314.
July
1 to
May
31.
S
RR.—
(See M'ps.j— Road.—Owns all the CaliSouthern Pacific
fornia lines of the Southern Paciflo system except the ''entral Pacific
and the South Pacific Coast. The roa owned aggregates about 2,565
miles, embracing a through line from Yuma, Arizona, via Los Angeles,
Han Francisco and Oakland, to Tehama in No. California, with numerous branches. Of the lines owned and leased in July, 1899 (7 miles
are leased), 2.323 were operated in the 80. Paciflo system, 242 miles
(Mojave to The Needles) being held under long lease by Atchison In
exchange for leases of 350 miles of roads in New Mexico and Arizona.
V. 65, p. 931, and Atch. T. & S. F. item, p. 1113; see V. 64, p. 609.
The construction of 55 miles from Ell wood. Col., to Surf opened in
Mar., 19(.l, furnishes coast line from Los Angeles to San Francisco.
(V 68, p 617; V. 72, p. 582.)
Organization.—A consolidation in April, 1898, of Southern Paciflo
RR. of California, Northern Ry. of Cal., Northern Cal. and Cal. Pac
The Southern Pac. RR. of Cal. was leased to Southern Pac. Company
for fixed charges, betterments and additions and a certain percentage
of the surplus income under the "omnibus lease."
Stock.—Of stock 80. Pac. Company June 30, '00, held $100,616,469.
Bonds.— Consolidated Mortgage of Sept., 1893, (see full abstract V.
57, p. 1041), provides for all prior liens and new construction. Bonds
may be issued not exceeding $30,000 per mile, of which $7,500 a mile
is reserved for additions and betterments.
See V. 57, p. 469. This
mortgage in January, 1899, covered 1,982 miles, of which it Is an
absolute 1 st lien on 724 miles. The supplemental mortgage issued in
1898 limitP this loan to $30,000,000, (exclusive of bonds to be issued
against underlying securities). Most of the consols are stamped subjeot
to call at 107*3 after 1905 as shown in table above. (V. 67, p. 1111.)
Land Grant. The land grant was 12.840 acres per mile, and prooeeds
of sales go to retire bonds, but a large proportion of the lands barren and useless for agricultural purposes without irrigation. In 1899-0
sales were 149,719 acres for $479,199 and 34,626 acres were surrendered; interest on deferred payments, $26,022; land notes outstanding
June 30, 1900. $2,165,539. See So. Pac item V. 65. p. 778.
Earnings.— 11 months, ) 1900-1. Gross, $17,573,190; net, $6,909,440
July 1 to May 31.
$ 1899-0. Gross,
16,121,210; net, 6,223,243
Annual Report.—Annual report for vear ending June 30, 1898,
was given at length in V. 67, p. 1052, 1062. In 1899-0. gross. *17,514,960; net, $6,693,841; other income, $656,234; charges, $4,888,275: sur, $2,461,900; net profits under lease, $2,7*7,689 In 1898-99,
gross, $14,628,937; net, $5,211,982.-(V. 70, p. 995; V. 71, p. 136; V.
72, p. 582. 628).
Southern Pacific
of
Mexico— (See Maps.)— Owns
Arizona State Line to Rio Grande bridge, etc., 167 miles.
The
Southern Paciflo Co., as lessee, pays all oharges and 6 p. c of net
Drotits under omnibus lease. Stock, $6,888,800 (par, $100), all held
by 80. Pacific Co. 81nk. fund June, 1900, $886,740.
Earnings.— 1 1 months, 5 1900-1. ..Gross, $2,234,607; net, $1,347,842
July 1 to May 31.
U899-0... Gross, 1,845,002; net. 1,027,569
In year 1899-00, gross, $2,005,946; net, lnclud. other inaome, $1,152.646; sur. over oharges, $848,074; netproflts under lease, $298,811.
Southern Railway Company.— (See Map, pages 144 and
145.;—Company operates 6,416 miles, extending from Washington,
D. C, and West Point and Richmond, Va., to Danville, Va.. Greensboro,
N. C, Norfolk, Va., Charlotte, N. C, Columbia, N. C, and Atlanta, Ga.,
thence northerly to Bristol, Tenn., southeasterly to the coast at Brunswick, Ga., and westerly across the States of Alabama and Mississippi
to the Mississippi River at Greenville. Water lines— Bait. Ches. &
Richmond S. B. Co., 200 miles.
Owned in fee
Miles. Atlanta, Ga.,to Ft. Valley.Ga. 102
Alexandria (near Washing'n)
E. St. L., 111., to N Alb., Ind. 263
1,450
to Greensboro, N. C
280 Branches, etc
1
—
RR.
New
—
Charlotte.N.C.toAug'sta.Ga.
Col'mbia,8.C.,toGreenv.,S.C.
W. Point.
Va., to N.-apolis...
Salisbury, N.C.to Morristo'n,
Tenn
Memphis
191
144
179
owned
—
11
228
to 8tevenson, Ala... 1272
Bristol to Chatt'ga, Tenn
242
Knoxville to Cumb'd Gap.Ky
62
Ooltewah Junction, Tenn., to
Brunswick, Ga
415
AustelLGa., to State L., Miss. 261
Atlanta June, Ga., to York,
Ala
271
4,360
Total
Leased
Atlanta
Chart..
tf
& Charlotte Air L.
N.C.to Atlanta, Ga. 268
Georgia Midlan d Ry
Frai. klin
&
Pittsylvania
98
30
31
If Richmond &Meoklenb.RR.
^Mobile & Birmingham RR.—
to Marion Jet.. 149
Selma, Ala.,
t
&
Ga.
C,
to
tfSoutb Carolina
Charleston,
ta,
8.
RR.—
Augus-
Ga. and branches
,
241
34
INVESTORS'
SUPPLEMENT.
I
Vol. LXXI1I.
,
October,
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136
mYESTOKS' SUPPLEMENT,
[Vol. LXXIII.
Subscribers will eoufer a sroat favor by giving Immediate notice of any error discovered In these Tables.
Bond*— Prtno*RAILROADS.
INTEREST OR DIVIDENDS
Miles Date 8ize, or
Amount Rate per When Where Payable, and by pal.When Due.
Wot explanation of column headings, Ac, see notes of
of
Par
Stocks— Last
on tirst page of tables.
Road. Bonde Value. Outstanding
Payable
Cent.
Whom.
Dividend.
Houthrrn Railiray— Pom. Stock, $120,000,000...
ma
$100 120,000,000
Preferred.
pel cent, non-ouuiu.. #60.000,000...
100 60.000,000 4 in 1901
A O. N. Y.,J. P. Morgan A Co. Oct. 16, '01, 2
1st eons. M
1st on 900 m. g. ($120.000. OOO'CAr 4,502
1894 l.OOOAo ss.si's.ooo
A J. N. Y.. J. P. Morgan Co. July 1, 1994
5 g.
Equip, trust. sex A goal dc.e May and Nov. iMP.o*
2,5fi0,000
1900
1,000
Prov. 1. ATr. o., Phila. To Nov. 1,1907
4g.
do
do ser. B., iluo Mar and Sep. PI**
.901
l.OOO
4
To Sept. 30/08
2,400,000
do
do
A.— Pkoi-kktiks merged into BOUTHUUI Rai LWAY Co.
Atlantic Tennoo ac e >v Ohio 1st mortgage
A. A O. N. Y., J.P. Morgan & Co.
44 1883
150,000
6
Apr.. 1913
,"i
..
I
A Aug. 1st M. (Int. In gold); V. 59,p.l0O6
2d mortgage
& Greeny. 1st m
g..o*
Ga. Pacific 1st mort
o*
Equipment mortgage, gold. s. f., subj. to oall.o*
Richmond A Danville cons, mortgage, gold
o
Debenture mort., old 6s (no longer Incomes)...
Equlpm't Trust bonds, gold, s.L.sub). to oall o"
Richmond York River A Chesapeake 1st mort...
2d M., extended rroni 1900..
Virginia Midland—Serial mortgages
General mortgage
Washington Ohio & Western 1st mortgage
Western North Carolina, 1st con. mort., gold..o*
East Tennessee Virginia A Georgia—
Divis'n'l M.,g.,(Brlstol,Tenn. to 8elma, Ala.)c*
Char. Col.
1869
1872
1881
1882
1 889
1874
1882
1889
1873
1880
1881
1886
1884
1884
500 Ac.
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1.000
1,000
lOOAo.
1,000
1,000
1,640,500
500,000
2,000,000
5,660.000
175,000
5,997,000
3,368.000
59^,000
400,000
500.000
7,635,000
4.859,000
al,025,000
b2,531,000
E. T. Va. A Ga. consol. M.,g. ($20,000,000). o&r 1,020
Ala. Cent. 1st M., Selma to Meridian, gold
95
1880
1886
1879
1,000
1,000
1,000
East Tennessee lien, gold
1st mort. on Memp. A Ch., $8,000,000, g..G.o
292
2d mortgage. $2,500,000, gold.Ce
oAr
Charlottesville A Rapidan. 1st mortgage
28
Aiken Branch. 1st M.. gold A (V. 68. p. 826)
24
Venice A Carondelet 1st mortgage
...
7
o*
Also additional amounts pledged June 30, 1901, under
1894
1898
1,000
1898 lOOOAo.
lOO&c
1 879
1898
500
1.000
1882
191
191
164
566
38
38
347
50
309
552
B.— SOUTHERN C.WLWAY DIVISIONAL SECURITIES.
!
|
first
— Continued.
Leased
Greensb. to Charlotte, etc.
A Danville Ry.
Norfolk to Danville, Va.,
and branches
—
.
Hardeev'e, S. C, to Sav., Ga.
Washingt'n,D.C.,toAlex.,Va.
Stevenson to Chattanooga. Ao
York, Ala., to Meridian .Miss.
Birmingham to Mobile Jc.Ao
Kentucky A Indiana Bridge.
8elma,N.C.,to Pinners Pt.,Va.
94
282
—
Operated under agreement
IRoswell RR. (narrow gauge)
10
134
10
23
7
39
27
18
10
155
20
Other
Controlled by securities—
tlfAshev. A Spartanb'g RR..
State University RR
Elberton Air Line RR
Total mileage op July, '01.6.729
Con trolled— operated sepo ralely.
A Ohio
876
Augusta Southern
82
t All or nearly all of the capital stock owned.
IT See this company.
Except 35 miles in Mississippi whose securities are all owned.
Also has one-sixth Interest In the P.lchmon d- Washington Co owning
union line between Richmond and Washington, 115 miles —V. 73, p
Knox ville A Ohio
RR
51
69
Mobile
!
,
493.
AFFILIATED BUT OPERATED SEPARATELY (See each
Alabama Great Southern
357 Northern Alabama
Co.)
119
336 Georgia Southern & Fla.
285
On Deo. 10, 1899, a new line was opened from Columbia, 8. C, to
Savannah, Ga., about 160 miles, of which the Carolina Midland. Perry
to Allendale, 52 miles, forms a part, the Co. building from Colun bia
to Perry, 31
miles, and using Atlantio Coast line and Plant
system trackage from Allendale to Savannah, the latter being partly
replaced by the construction of its own line from Allendale to Hardeeville, 8. C, 51 mil«s, opened Dec, 1900,
V. 73, p. 343. In
Oct., 1900, extension from Burgin to Jellico, Ky., 115 miles, and other
extensions were proposed, including one from Chattanooga, Tenn.. to
Stevenson, Ala about 38 miles, under the charter of the MemphisChattanooga RR., for which *3,00o,000 bonds were reserved under
Mem. A Charleston first mortgage. V. 69, p. 956. The Louisville
Evansville A St. Louis Consolidated RR. was taken over after foreclosure on Jan. 1, 1901, and Id 1901 a maj rity of the stock and general mortgage bonds of the Mobile A Ohio were acquired
See below.
I
Cincin. N. O.
A Tex.
Pacific..
g
-
i
5g.
5
4*3
4,5,6
5
4
6g.
t
g
-
6g.
do
do
do
do
do
do
do
do
do
do
J.
A.
O.
J.
J.
A.
J.
O.
8.
J.
N.
8afe D.
S.
A Tr.
do
do
do
do
do
do
do
do
do
do
Co.. Bait
N.Y„J.P.MorganACo
N.
A.
-
1
July
1, 1909
1902 or 1910
Jan. 1, 1916
Jan. 1, 1922
Various.
Jan. 1, 1915
Apr. 1, 1927
Sept. 1, 190»
Jan., 1910
Nov., 1910
Var. 1906-31
May, 1936
do
do
J.
N.
J.
July
1,
1914
do
do
do
J.
do
do
do
do
do
July
Nev.
July
1,
1,
1,
1930
196*
1918
Feb. 1, 1924
i
Moh., 1938
July 1, 199*
Oct. 1, 1996
July 1, 1918
July 1, 1998
Apr. 1, 1902
'
54
137
85
Miles. North Carolina Midland
Sumter A Wateree River RR.
Carolina Midland
Wateree Jot. to Sumter
16 Other roads
UNorth Carolina RR,—
Goldsb.,N. C.toGreensb.. 130
Trackage Rights—
Atlantio
6
A
A
J. A
J. A
F. &
J. A
A. A
M. A
J. A
M. A
M. A
M. A
F. A
J. A
J. A
M. A
J. A
M. A
J. A
A. A
J. A
A
J.
do
4,500,000
S
do
5 g.
do
5,083,000 4, 4^, 5
J
do
Owned by Southern Ry.
1.500,000
g
3 0,200
i
PhiL.Tr.SafeD.AIns.Co.
150,000
N.Y., J.P. Morgan A Co.
4g.
A
50,000
6
oonsolid ated mortgage: a $2 25,000;
b $1,325,000.
Soutbern Railway Company.— Concluded.
*
•
3,106,000
12,770,000
1,000,000
Col.
|
,
V. 70. p. 792, 1292: V. 71, p. 603; V. 72, p. 45. In July, 1901, the Ensley Southern Ry.. substantially all of whose stock is owned, was
building from Ensley. Ala., to Warrior River, 25 miles, on branch to
Parrish, 35 miles. V. 71. p. 448.
.
Organization, Etc.— A reorganization In 1894 of the old Richmond
Pt. Ter. Railway A Warehouse system.
The reorganization
plan presented in May, 1893, was given in full in V. 56, p. 858, 874,
and certain changes thereof in pp. 1016, 1058, and V. 57, p. 61.
The
A West
modlfledplan of Feb. 20, 1894, was given In full In V. 58, p. 363, 385.
As to Cincinnati New Orleans A Texas Pacific, see V. 65, p. 1173. On
July 1. 1898, absorbed MemphiB A Charleston.— V. 66, p. 39, 185.
Mobile A Birmingham RR. 049 miles) was leased from June 1,
1899, for 99 years.- V. 68. p. 429, 1 134; V. 69. p. 39 1.
In Apr., 1899, purcha eo. the Northern Alabama, Sheffield to Parrish,
Ala., and branch, 119 miles (V. 6», p. 824. »73); also acquired control
of and leased the Sotitn Carolina A Georgia.— V 69, p. 390.
Atlantic A Danville has been leased for 50 years from July 1, 1899.
Stock. Authorized $120,000,000 common and $60,000,000 five per
cent non-cumulative preferred stock. No additional mortgage can be
f»ut upon the property, nor can the amount of the preferred stock be
ncreased without the consent of holders of a majority of the preferred.
As to question whe-ber the preferred stock is subject t call, see V. 72,
>
In Jan.. 1900. redaction of the stock was authorized by the
Virginia Legislature, on majority vote, whenever deemed desirable.
V. 70, p. 177, 947, 1150.
Both classes of slock of the new company (except sufficient to qualify
directors) are dcjH)Hltf d with three stock trustees. The stock shall be
held by the stool trustees and their successors, Jointly till July 1, 1899.
and for inch further period (if any) as shall elapse before the preferred
stock shall have paid Bve per cent cash dividend In one year, although
the stock trustees may, in their discretion, deliver the sto<* at an
earlier date. Certificates of beneficial Interest, entitling the holder to
dividends, are Issued In lieu of the stock so deposited. Htock trustees,
J. Plerpont Morgan, Charles Lanier and George F. Baker.
Proviilons
of voting trnst and pref. stock cert, in 8up. of April. 1897, page 6.
p. 11 36.
Dividends.—On preferred In 1897, Jan.. 1 p. c; in 1898, Jan., 1 p. c;
In 1899, Jan.. 1 p. c; Oct. 1 p. c; in 1900, Apr., l^p. c; Oct., l>a p.c;
in 1801, April, 2 p. c; Oct., 2 p. c.
Bonds.— The new first consolidated mortgage, Central Trust Co.,
N. Y., trustee (see » bstrart In V. 59, p. 783), Is secured by mortgage
and pledge of all the property of the company. The total authorized
Issue Is $120,000,000 gold bonds. (V. 70, p. 1150), as follows
Issued to June 30, 1901 (of which $2,538,000 in treas )... $36,053,00*
bond8
65,531,00*
Issuable onlv to'?
T' Brior (see V." (see V 59, p. 785)
stocks
5,700,00*
59, p. 786)
retire certain
equipment obligations (see V L 59, p. 786)
773,70*
To be issued hereafter only for extensions and additions
at not exceeding $2,000,000 yearly, with a single exception as to $4,000,000 (see V. 59, p. 786)
11,942,30*
Prior bonds must be paid by maturity.
Divisional First Mortgage bonds, issued in 1898 on account of purchase of Memphis A Charleston Ry., bear 4 per cent interest from Jan.
then 4^ per cent to July 1, 1906, and 5 per
1, 1898, to July 1, 1901
cent thereafter. The total authorized issue is $8,000,000, but $1,500,000 can be used only to build a line replacing trackage between Stevenson and Chattanooga, 38 miles. Of the remainder of the loan, $5,083,000 were issued to retire old mortgage indebtedness. The bonds oover
the 292 miles of main line and branches, at $17,408 per mile. The balance ($1,417,000) is held for betterments at not exceeding $100,000
yearly.
See description of loan in V. 67. p. 179.
Second mortgage on former Memphis A Charleston secures $2,500.000 of 5 per cents, of which $1,500,000 owned by So. Ry. June 30,
1901, and $1,000,000 reserved for improvements. St. Louis Division
mortgage covers the former Louisville Evansville A St. Louis RR.,
consisting of 374 miles of main line and branches, tke balance unissued, $4,250,000, being reserved for extensions, improvements or
additional equipment
V 72, p. 138.
The collateral trust 4s of 1901 will be issued dollar for dollar in exchange far the Mobile A Obio general 4s as acquired, by a pledge of
which they will be secured. Stock trust certificates for M. A Ohio
stock will also be issued, upon which dividends will be payable at 2 per
cent for one year, 3 percent for the second year and 4 per cent in
perpetuity thereafter. V. 72. p. 242, 822. In 1901, $7,855,000 of 1b*
$9,472,000 bonds and $4,«96.900 of the $5,320 000 stock had
been deposited. V. 72, p. 439; V. 73, p. 664.
The date of maturity of the Charlotte Columbia A Augusta seoond
mortgage, as given therein, is Oct. ',1902: in the bonds themselves,
•Ian. 1, 1910. V. 71, p. 85. Equipment trusts mature as follows: Series A. $225,000 each in Mav and Nov., 1901, and $213,000 May 1 and
;
—
$212,000 Nov 1 in each year thereafter; Series B, $180,000 each,
Mar. 31 and Sept. 30, 1902 and $170,000 each M.AS. thereafter.
General Finances.—Certificates of indebtedness incurred for purchase of properties June 30, 1901, +4,180,000. V 73, p. 341. During
1900 01, $4,742,000 oonsol. 5s were Issued. Equipment notes of old
companies June 30, 1901, $134,873; miscel. equipment obligations
Tne Louisville Evansville
additional to those above, $1,227,917
A St. Louis Consolidated RR., acquired per plan V. 70, p. 1291, furnishes the Southern a new line into St. Louis. Under the plan the
Southern issued its St. Louis div gold bonds. V. 72, p. 138. The acquisition of the Mobile A Ohio in 1901 affords a line to Mobile and
Montgomery, Ala., eto. See Bonds above.— V.72. p. 242; V. 73, p, 343.
Gross, $5,952,399; net, $1,662,485
Latest Earnings— 2 J 1901
Gross. 5,526,704; net, 1,547,889
mos., July 1 to Aug. 31. 1 1900
Operating 6,737 miles in 1901, against 6,817 in 1900.
Annual Report.— Fiscal year ends June 30. Annual meeting is held
the fourth Tuesday in October. The report for 1900-01 was given at
See also editorial p. 315.
p. 334, a40
Traffic.— The freight tonnage is widely diversified, which is an element of strength. Agricultural products in 1; 00-01 furnished only
about 14 per oent (cotton about 5 per cent), while over 38 per cent
was from mining industries (28 per cent being coal) and about 29 per
cent was product of manufactories. Ton rate, 0947 cents per m.: tral»
load. 223 tons. Earnings, etc.. (indudiogin 1901 the St. Louis division,
374 miles, for the 6 months ending June 30, 1901, and sundry mileage
for various periods, see V. 73, p. 340), have been as follows:
1898.
If 00.
1899.
1901.
Tears end. tune 30.
4,837
6.612
6,306
5,377
Average miles oper.
length in V. 73,
21,006,730
7,737,465
2,456,685
16,099,293 13,679,164
7,083,253 5,394,5 1»
2,171,140 2,022,157
34,«60,483
Gross earnings
Oper'g exp. A taxes. 24,343,625
(7023)
Op. exp. to gross, p. o.
10,316,857
Netearnlngs
498,706
Other Income
31,200,870
21,831.447
25,353,686 21.095.P39
17,356.355 14,501,864
(68-74)
(6845)
7,997,331 6,593,975
348,37*
328,470
Total net Income 10,815,563
7,181 2K6
9,688 228
6,755,442
15,535
Freight
Passengers
Mall, express, etc...
Interest and rentals.
C*ther deductions....
22,929,496
8,818,v.87
2,912,700
93,767
(6K-98)
9,369,423
318,805
8,325,801
6,207,253
24,028
6,942,351
5,862,768
72.571
2,094,520 1,007,012
2,917,252
3,540,500
BaL.sur.
Dividends on pref...(4)2,400,0uO (3)1,800,000 (2)1,172,904 (1)543,00*
Officers.— President, Samuel Spencer, 80 Broadway, New York;
8ec'y, R. D. Lankford, 80 B'dway, N. Y.; Treas'r, H. O. Ansley, 1300
Pennsylvania Avenue, Washington, D. O.
Directors.— A. B. Andrews, Ka'elgh, N. 0.j Joseph Bryan. Richmond, Va.; W.
for year....
W. Klnley, Washington, I). C 8. M. lnmaD, Atlanta. Ga.; Adrian Isebn Jr„
.Samuel wpencer. Charles Sieele, James I'. Woodward, Harris C. Fahnestoc*,
Robert M. Galiaway of New York, and one vacancy.
-(V. 73, p. 83, 234, 237, 286, 334, 340, 392, 664.)
:
J
October,
—
"
RAILROAD STOCKS AND 50NDS.
1901
137
Subscribers will confer a great favor by giving immediate notice of any error discovered In these Tables.
Bonds— PrinciINTEREST OR DIVIDENDS.
RAILROADS.
pal, When Due.
Miles Date Size, or
Amount Rate per When Where Payable, and by Stocks— Last
of
of
Par
>r explanation of column headings, <fec, see notes
Dividend.
Whom.
Payable
Road. Bonds Value. Outstanding Cent.
on first page of tables.
!
"
>uth'n Ru.—tCon.)—
c*Ar 3«5 1901 $',000 $10,750 000
St. Louis di v. 1st in., $15,500,000, g.IC.
1901 l.OOOJtc
7,855,0'JO
3ol M.,g.,$9.500 000. 8.f..seo.M.&0 gen.4sGe*&r
Mob &. Ohio bonds and stock trust cert. See Mob. &'6hi RR Co.
—ON PROPERTIES PRACTICALLY OWNED BY
Northern Alabama
(*)
OR lease
I>
TO(Tl
>
(IRlchiu.
* Yadkin
&
—
r 265 % 1877
mortgage
1880
r
Income bonds (not cum.) 6s, ext. at 4p c
"98 1896
'Georgia Midland 1st mortgage, Interest guar...
HNorth Carolina—Stock, 6*9 to Dec, 1901; then 7 "6*6
1885
o*<fcr
•Knoxville & Ohio, 1st mort., gold
245 1894
r^o. Carol. A Ga., 1st M.. g., $5,250,000.Ce....o*
Wateree River RR. 1st M
16 1K99
3umter &
^Mobile & Birmingham RK.. prior lien, g.Ce....c 149 1895
149 1895
o
1st mortgage. $1,200,000 Itte
500
1,000
100
1,000
1,000
1,000
200, 1,000
ioo, r.ooo
100
Preferred stock
$1,000,000, gu. Ash. & Sp.g.
..
& Danville 1st
.M>
If Atlantic
mthwett Pennsylvania— Stook [$3,000,000 auth.].
&
Union
Col.,
M
278
135
fund $5,000 yearly, not drawn
r
nttKwtslem (Oa.)—Stock (see text)
yuyten Duyvild P't Jfor.-8tock,8p.0.gu.,N.Y.Cent.
ate Line <& Sullivan— 1st mort., $300,000, g Unc*
1st M., sink,
Ry—
1st M., $1,000,000, gold, gu. UIe..c*
aten III.
Ohio...
aten Island Rap. Tr.—See Baltimore
ockbridge <* Pittsfleld—6 p.c. rental N.Y. N.H.&H.
o
Ulivan County RR.— 1st mortgage, $400,00*
tnbury Hazle. <£ Wilkesb.—Sunb'ry <t Lewistown
&
meook Valley— Stock, 6
p. e.
&
rental Con.
13 i
333
6
24
13
1895
1900
1,000
1,000
1877
1,000
50
100
100
1898
1893
1,000
1,000
Ry— (V.
Ind. Ter.
Ry.— See
p. c.
on stock.
As
J.
Arkansas
m
1895, to Central of Georgia Ry. at
to stockholders' suit, see V. 71, p. 809.
June, 1898, the Spokane
No. .together with the allied lines, was acquired by the Great
orthern.— (V. 67, p. 179; V. 68, p. 772; V. 68, p. 725.)
Spuyten Duyvll
Port Morris
Owns 6 m. double track
nd connects the N.Y. Central & Hudson with the N.Y. & Harlem,
eased to New York Central till Dec. 31, 1970. at 8 per cent on stock.
State Line
Sullivan
Owns Monroeton, Pa., to Berenice,
a., 24 miles.
Stock, $980,250 (par $50.) Mortgage covers 5,000 acres
ual lands. The new 1 st 4 %s are subject to pall for sinking fund requireif-nts at 105 until Jan. 1, 1914, aad thereafter at par.
V 67, p. 1209.
Load leased till 1934 to Penn. & N. Y. Canal & RR. (rental, $40,000 per
nn.), and so oper. by Lehigh Valley.— (V. 68, p. /33; V. 69, p. 1248.)
Stateu Island Ry.— Clifton to Tottenville, 12-64 miles. Formerly
to 3taten Is. Rapid Transit Co.. but »ince July, 1899, operated
it.- owners.
Stock.— $1 ,050,000 par, $75. Of the ±*q per cents no
ore than $511,000 to be issued exuepton two thirds vote of stock.
ear ending June 30, 1901, gross. $177,924: net, $36,009; int. and
$33,367; bal., sur., $2,642.— (V. 61, p. 737.)
stale u Island Rapid Transit Ry.— Purchased at foreclosure
pnl 20, 1899, subject to the first mortgage by the B. & O.— V. 69, p.
•54.
See B. & O.-(V.70, p. 585, 895; V. 73, p. 186.)
.v
&
&
RR.—
RR.—
;
RR.—
stockbridge dc Pittsfleld
Vandeusenville to Pittsfleld,
lass., 23 m. Leased for 99 years April 1, 1893, to N. Y. N. H.
H., at
p. o. on stock. Lessee pays taxes. Lease to Housatonic suspended.
Stockton
stutteart
dc
&
Tuolumne County RR.— See V.
tc
Arkansas River
an. 3 1901, to the St. Louis
RR.—Sold in
70, p. 1250.
foreclosure
on
Southwestern Ry.— (V. 12, p. 88 )
Sullivan County RR.—Road from Bellows Falls to Windsor.
t.. 26 miles, of which 1 mile trackage.
Road opened 1849 operated
nee April, 1893, by Boston & Maine. Net earnings, less taxes, paid
Stock, $500 000, owned by Vermont Valley RR. For year
'O?; 01 !*™*. $272,116; net $6',867; interest, etc., taxes, $27,700;
vtdends (8 p. c), $40,000.- (V. 65, p. 867.)
sun bury Hazleton & Wllkesb. Ry. ) See Schuylkill A Juniata
Sunourr & Lewistown Ry.
RR.-V. 70 p. 842.
5
Suucook Valley RR.— Owns road Suncook to Pittsfleld, N. H., 17
lies.
Leased till 1912 to Concord & Montreal for 6 p. c. on $240,000
ca
R ifkl stock; total stock issued is $341,700, of which $101,700 is
m-divldend paying. President, Hiram A. Tuttle, Pittsfleld, N. H.
Sussex RR.—Owns road from Waterloo to Franklin, N. J., and
am3ll 3 mil *\ Koad opened 1854. Since 1881 operated by Del.
i r,ick A W., whion owns a majority of the $1,638,600 stock. Dividends
ud from earnings of 1899, 3 p c; 1900, 4 p. c; 1901, Aug., 2 p. c.
3
d ng e ,°; 31, 1900 <rc09S $187,963 net, $83,415; charges,
I Z*¥ ?r A
P
;
-
1
>
1
>
;
6,5d5; dividends (4 p. c), $65,544; balance, sur., *1,316.
Syracuse Binghamton
&
N. Y. RR.-Geddes, N. Y.,to Bingimton, N. Y., 81 miles. Controlled since 1869 by Delaware Lack. &
which, June 30, 1900, owned $1,901,900 stock and guar, the bonds.
'83
cvtdends
)
'89
'90
'91
'92 to Aug., 1901, inclus.
3r cent
12
s
8
8
13
8 yearly'(2 p. c. quar.)
Earnings.
Oross.
Wei.
Int.
Dividends. Bal., sur.
.
•00
$950,397 $346,780 $137,620
(V. 65, p. 5 68.)
$200,000
$9,160
Syracuse Geneva & Corning Ry .-Corning, N. Y., to Geneva,
Y., 58 miles; Penn Yan to Dresden, 6m. Formerly leased to Fall
ookRy., but lease canceled and new lease made from May 1, 1899,
term of corporate existence to N. Y. Central, for $46,37?i per anm, payable quarterly, interest on bonds and other obligatlons.taxes
d repairs, the N. Y. C. owning $802,875 of the $1,325,000 stock, par
00. This rental is equivalent to a 3>a per cent dividend on the stock.
r
Co.
do
Jan
1951
1.
Sept. 1, 1938
do
do
do
Ian.
Jan.
Morgan & Co.
1,
1,
1907
1907
&
Burlington, N. C.
Aug., 1901, 3
& A.
& J. N.Y, J F. Morgan & Co. July 1, 1925
<V N. N. Y., J. P. Morgan & Co. May 1, 1919
do
Apr. 1, 1919
A O.
do
do
do
July 1, 1945
& J.
do
do
July 1, 1945
& J.
Junel,'01,l%
& D.
do
Jan., 1995
do
& J.
& J N. Y.,Mercant. Trust July 1, 1948
& O. Phlla., Broad St. Stat'n Oct. 1, '01,5%
do
do
Feb. 1, 1917
& A.
& J. Sav., Ga. & Macon, Ga July5,'01,2i2%
& J. N. Y.. Gr'd Cent.8tatlon July, 1901, 4%
& J. N. Y., Union Trust Co. Jan. 1, 1929
& D. N. Y.,offl. loot Whitehall Jun6 1, 1943
6
Spokane Fall* A Northern Ry.— In
alls
J
A.
Ga., to Columbus and
ufaula; Fort Vallevto Columbia, Ala., etc., withbranches; total,189
reu:alof 5
Morgan &
dd
O.
do
o. N. Y.,J. P.
Q.-J.15
70, p. 532, 895.)
1,
&
&
6
Southwestern RR.(Ga.)— Own? Macon.
Leased for 101 years from Nov.
&
&
&
4
448,700
357,000
— See"s CHUYL KILL & Juniata RR,
100
Mon..
240,000
,
Sc
N. Y., J. P.
O. N. Y., J. P. Morgan & Co. Apr. 1, 1949
Nov. 1. 1948
N.
do
do
8. N. Y., Central Trust Co. Spt.6,'01, 3>u
Jan. 1, 1907
do
do
O.
<fe
100
1894
miles from Montreal to St.
raneois du Lac, 61 mile.*; branch. 2 Miles; total, 63 miles. In
ugust, 1901, a bond issue was authorited to provide for extension
Point Levis, opposite Quebec. ab< ut 100 miles. Stock, $1,000,000
uborized. Of the stock issued over ^5 per cent is owned by the
ominion Securities Co. (see V. 73, p 393) whlob will finance the proved extension and provide for payment of outstanding debt Presisnt, Arthur L. Meyer, 35 Wall Street, New York.— (V. -73. p. 392, 495.)
southwest Pennsylvania Ry.— Greensburg, Pa., to Faircnanoe,
Leased to Penn. RR., which pays
a., 45 miles, and branches, 90 in.
t earnings as rental and owns $1,057,250 stock and $600,000 bonds.
*94.
'95.
'96. 1897 to Oct., 1901.
Dividends.— \ 1892.
93.
10
Percent.... s
10
11
11
10 per cent yearly.
10
Qross.
Int., taxes, dkc. Divid'ds.
Balance.
Net.
r. Dec. 31.
$3«4 059
$'49,990
900.... $1,424,956
$2 4.069
1,006,444
224,706
def. $32,083
399...
106,799
149,990
396...
713,793
165.528
104,100
164,989 def.103,561
•Includes $19,909 other income in 1899; $17,513 in 1900.
Southwestern Arkansas
$1,500,000
4g.
4 g.
315,000
1,700,000 6^ in '01
500,000
4 c.
4,250,000
7
750.000
4
1,650,000
3 g.
4,000,000 6*2 to 7
2,000.000
6 g.
5,250,000
5
100.000
5
600,000
5
1,200.000
4
900,000
2 to
1 .000,000
4
3,925.000
1,499,900 10 in '0
900,000
7
5,191,100
5
989,000
8
275,000
4>sg.
4*2 g511,000
1,000
23
South shore Ky — St. Lambert, Q\
outhwestern
S.
8O0TH ERN RY.
$1,000
1,000
100
1.000
1,000
1st
•Spart.
J.
Ry.—See that Company.
166 189:i
1st M.,g., guar
... Ce.o*
31 1899
Mechlenb., 1st M., $315,000, gold...o
([Atlanta & Charlotte Stock
Pref. M. (old 7s ext. in 1897, V.64, p 286) cur.c 265 ifi 1877
•AtlaDtlc
4g. J. &
4g. M. &
Dividends since 1891
&
&
1946
Stockbridge, Mass.
Oot.. '01. Ha%
& Tr. Co. Apr. 1, 1924
O. Bos. Safe Dep.
J.
M'nch'8t'r,N.H.,Nat. Bk Ju'y.'Ol,
3%
in 1893, 12 p. c; in 1894,
In 1892, 10 p. c.
7 n. c; in 1895, 8 p. c; in 1 896, 8 p. c.; in 1897, 6 p. c; in 1898, 6 p. 0.
in 1&99, Mar., 3 p. c. Under new lease. 3>fl p. c. per annum is paid.
;
:
(V. 68, p. 573.)
Tacoma & Columbia River Ry.— See V. 71, p. 646, 1311.
Txcoma Eastern RR.— Under constructon from Tacoma. Wash
,
southeasterly toward Eatonvilie, Wasu about x0 miles, of which 14
miles completed in Apr . 1901. Stock. $250,000. all issued. Bonds
President. Edward
are subject to call at 103 on any interest day
Cookingham. Portland, Ore.; Secretary, E. M. Hayden, Tacoma, are.
,
-(V. 71.
p.
343
)
Tallahassee Southeastern RR.—V. 71, p. 964.
Tennessee Central Ry.— Line is projected from
Clarksville,
Term., via Nashville to Harriman, with brancbee, about 280 miles.
In Dec, 1898, construction of the entire line reported to be let, the
59 miles at eastern end from Emory Gap to Crossville and thence by
branch to Monterey being completed in Sept., 1900, and branch Johnson Stand to Isoline, Tenn 9 nii'es, being completed in Mar., 1901,
and one from Ozone to Millstone, 5 miles, in June, 1901. V. 67, p. 179;
V. 68, p.674; V. 69, p. 542.
In Apr.. 1901, a new company ("The Tennessee Central Rv.") had
arranged to lease for 99 years the Nashville & Knoxville RR., Lebanon to Monterey, Tenn., 79 miles, with branch, Junction to Carthage, 8 miles, upon completion by such i ew company of 30 miles from
Nashville to Lebanon. The -tockbolders of The. Tennessee Ry. on May
7, 1901, voted to lease the Kingston Bridge & Terminal Ry. and Cumberland Piateau RR. .both of which authorized bond issues, and on
May 15 to authorize a mortgage on its property to secure bonds. V.
Capital stock authorized $25,000 per mile on the 60
72, p. 431, 582.
mi es operated. V. 71, p. 1270. Equipment notes Dec, 1900, $316,681, including interest, payable $5,278 monthly.
Iu Oct., 19<»1. it was proposed to cons lidate the Tenn. Cent. Ry.,
The Tenn Cent. Ry. and the Nashville & Knoxville R 8. under the
charter of the Nashville & Clarksville RR., the consolidated company
to issue stock and 5 per cent bonds at the rate of $25 000 per mile
each.-(V. 71, p. 964; V. 72, p. 481, 582, 723; V. 73, p. 333, 446.)
Terminal
Association of St. Louis.— Property.—
Owns and operates extensive terminals at St. Louis, with belt lines and
bridges, and a tunnel 4,800 feet in length. The station is leased to the
tenant lines for $325,000 per annum on a wheelage basis.
Owns entire stock ($336,000) of East St. Louis Electric Street RR.
Organization.— Organized in 1889. The following companies are
sole owners: Cleveland Cincinnati Chicago & St. Louis. Louisville &
Nashville, St. Louis Iron Mountain & Southern, Ohio & Mississippi,
Missouri Pacific and Wabash. These companies have agreed under
contract to use the property forever and to pay as tolls interest, taxes,
rentals and other charges, and each line will contribute its proportion
to the extent of one-seventh of $1,000,000 to make up any deficiency from unforeseen circumstances. Controls St. L. Merchants'
Bridge Term. RR.— see that company.— (V. 57, p. 1084.)
Leases.—The leases of the Bridge and the Tunnel are for their
corporate existence, and were made July 1, 1881, to the Missouri Pacific
and the Wabash, bv which companies they were assigned to the present
association. The lease guaranteed 6 per cent on the Bridge Co's $2,490,000 first pref. stock, 3 p. o. on its $3,000,000 second pref. and 6
p. c. on the Tunnel Co's. $1,250,000 common stock.
Stock.—Capital stock outstanding Dec 31, 1900, $1,441,200.
Bonds, Etc.—The mortgage of 1889 (trustee, Central Trust Company,
was described in advertisement in Chronicle of February 13, 1892.
The 1st consol. mortgage of 1894 (Central Tr. Co., of N. Y., trustee,) is
for $12,000,000 of 5 p. c gold bonds, of which $7,000,000 reserved
to retire firsts of 1889 and $500,000 for completion of East Belt Line,
of the latter of which $:00 000 has been sold.— V. 7 1, p. 914, 964.
Guarantees the $3,500,000 St. L. Merchants' Bridge Terminal 1st 5s,
and the interest on the $2,000,000 1st 6s of Merchants' Bridge proper.
(See those Co's.) On Dec. 31. 1899, there was due from St. L. & Merchants' Br. Terminal Co. $1 008.489 for advances under ffuaranty.
Bills payable Dec. 31, 1900, $763,897; 1st mort. real estate bonds,
$90,000.
Annual Report. —Year ends Deo. 31. Report in V. 72, p. 578, showed:
Year—
Qross
Balance.
Charges.
Net.
Other inc.
1900.... $2,127,090
$1,329,322 $348,219 $1,431,728 sr.$245,813
1899.... 2,119,209
1,428,343 sr.280,553
1,360,^65
348,630
1898.... 1,997,753
1,375,383 sr.236,430
1,263,467
348,346
President, Julius S. Walsh (March, 1901); Secretary, James Hanna;
Treas., A. H. Calef.— (V. 70, p. 529; V. 71, p. 914, 964; V. 72, p 578.)
Terminal Ry. of Buffalo.— Blasdell, N. Y., to Depew, Erie
Co., N. Y., 11 miles. Opened Sept. 15, 1898. V 67, p. 530. Stock is
$1,000,000; par. $100. Lake Shore& Michigan Southern and N. Y. C.
<fe H. R. RR. each own 5,000 shares
of the stock. Year to June 30,
1901, gross, $66,441; net, $52,342; interest and taxes, $43,871;
balance, surplus, $8,471. Secretary, E. V. W. Rossiter, New York
City.-(V. 64, p. 1138; V. 67, p. 530.)
Terminal RR. &, Tunnel Co. of
York.—V. 70, p. 281.
(See Map Pa. RR.)— Owns
Terre Haute &. Indianapolis
Indianapolis to Illinois State line, 80 miles, with coal branches, 43
miles total, 123 miles. Leases St. Louis Vandalia <& Terre Haute, 158
,
RR.
New
RR.—
;
L
LNYESTOKS' SUPPLEMENT.
*3S
[Vot. Lxxiir.
Subscribers will confer a great favor by giving Immediate notice of any error discovered In these Tables.
Bonds— PrinolRAILROADS.
INTEREST OR DIVIDENDS.
Miles Date Size, or
pal.When Due.
Amount
o
Par
For explanation of column headings, Ac, see notes Of
Outstanding Rate per When Where Payable, and by Stocks—Last
Road. Bonds Value.
Cent.
Payable
on first page of tables.
Whom.
Dividend.
Sussex RR.— 1st mortgage
Syracuse Binghamton ttXew Tork Stock
Consol. M. tp. and 1. gu. (end.) by D.L.&W.) F.o\tr
Syracuse Genera it Corning— Stock 3 *s p. c. rental)
30
81
81
—
.
1st mortgage,
2d
dr'n at par
s. f.,
57
57
o
mo rt itaire
o
Tacoma Eastern- IstM g..$20,000 perm red at 103
1st M., $5,000,000 MSt.C*
Tennessee Central Ry
IVu Tennessee Central Ry.lst M.— see texr
Terminal Railroad Association lstmort., gold..o*
o*
1st consol. mortgage, $1:2,000,000, gold
8t. Louis Bridtre Oo, 1st pref. stock, guaranteed.
2d preferred stock, guaranteed, endorsed
c"
1st mortgage, gold
Tunnel Railroad of St. Louis, stock, guar. (end.).
Ttrminat Ry. (Buffalo)— 1st M.,$l,000,000,g.,N.o*
Terre Haute dt Indianav.— Con. M.,now lstM.F.g.
2d M., eon. g., red. aft. July 1, 1902, at 105 F..0
Terre Haute <* Logansport RR.— 1st mortgage
Obligations convertible Into mortgage bonds
Terre Haute <t Peoria.— First mortgage, gold Un..
1st con. M., $2,500,000, g., gu. p.A 1. (end.). I' n.o*
Texas Central— Common stock
Preferred stock, non-eum
o*
let mortgage for $2,000,000 gold, red. at 110..
Texas Midfatid RR.— 1st mortgage
—
.
250
—
2d mortgage
d If. O. o/'74—
dgT.B.i.notdrn.,l8tM.A.c*&r
Sabine Division 1st mortgage, gold
c*&r
c*<fcr
Consol. mortgage for $4, 195,000
Dallas Dlv. 1st M.,g.,$2r ,000 perm. (text)Un..c*
Texas Transportation Co., 1st mortgage
,
Tex.
Texas school fund June 30, 1900
....
1873 $500&c
100
1876
1.000
100
1875 100 &o.
1879
1,000
1900
1,000
1898
1.000
1901
1889
1,000
1894
1,000
100
100
1879 500 &o.
11
116
116
93
159
138
138
1896
1885
1892
1879
1898
1887
1892
1,000
1,000
1,000
1,000
176
52
52
105
104
209
1893
1893
1893
1875
1882
1893
1900
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
....
Haute & Peoria (less trackage rights on 28 miles and half
ownership in 8 m), 174 m.; E. St. L. & Carondelet Ry. (op. under contract) 13 m.; total. 468 m. Pa. Co. owns a block of the $1,988,150 stock.
Receivership.— On Nov. 13, 1896, Volney T. Malott, of IndianapoSee statement in V. 63, p. 1011.
lis, Ind., was appointed receiver.
Decision in Oct., 1900.—V. 71, p. 810.
Dividends 1878 to 1884, 8; 1885 to Feb., 1894, 6 p. c; none since.
On Oct. 31, 1900, bills payable, none; accounts payable, $2,053.
Guaranties— Interest on T. H. & Peoria bonds went to default, but
Interest on Terre H. & Indlanap. consol. 5s of 1885 and 1892 has been
paid when due.— V. 67. p. 30; V. 70, p. 992, 1049.
Annual Report.— Fiscal year ends Oct. 31. Report for 1898-9 was
In V. 70. p. 992. In 1899-0, on 123 miles owned, gross, $1,620,016; net, $577,176 oth Incime, $12,400; interest, $125,000 loss In
operating leased lines, ,$98. 460 payment for terminal, $29,740; balmiles; Terre
:
;
;
;
ance, surplus for year, $336,376. In 1898-9, gross, $1,501,589; net,
$529,217; other Income, $59,640.- (V. 72, p. 138.)
Terre Hante
A Logansport Ry.— Owns from
South Bend. Ind.,
to Rockville, Ind., 1 59 miles trackage, Rockville to Terre Haute, 23
miles; steel, 60 and 701b. Successor on Dec. 1, 1898, to the T. H. &
L. Railroad, sold Nov. 18, 1898, to J. T. Brooks, of Pennsylvania
Capital
Co., under foreclosure of extension mortgage of 1893.
stock, $2,0Ci ,0< 0. Report for calendar year 1900 was given in
V. 72, p. 985, showing gross, $817,457; net, $158,275; int. and rental,
$8" ,415; betterments, $4R,642; bal., suiv, $22,218. In 1899 gross,
$766,563; net, $146,647.-(V.70,p. 1046; V. 71, p. 183; V. 72, p. 985.)
Peoria
( See Map of Pennsylvania RR.)—
Terre Haute
Road operated from Terre Haute, Lnd., via Decatur, to Peoria, HL, 174
miles, of which 13j? miles are owned and half interest owned in 8
miles and 28 miles is by trackage over other roads. From Oct. 1, 1892,
leased for 99 years to the Terre Haute & Indianapolis at rental of 30
per cent of gross earnings, with a minimum sufficient to pay Interest
on debt. See V. 55, p. 766. Lessee owns $544,200 of the $1,837,400
preferred and $1,388,000 of the $1,926,800 common.
Interest due Sept. 1, 1896, was paid May 1,
Committee.
1901, by order of court; later coupons unpaid V. 72, p 937. Bondnolders' Committee— Chairman, Mark T. Cox, James A. Blair, James
W. Paul Jr. Depositaries. N. Y. Security & Trust Co. N. Y., and
Co., Phila. A majority of bonds has been deposited and reDrexel
I. RR. (lessee).
ceiver appointed for the T. H.
The consoh 11 nion Trust Co., N. Y., trustee], carry the guaranty of
In May, 1 POO, the U. S. Circuit Court of
A Indianapolis.
the 1
Appeals affirmed the validity of the guaranty.— V. 70, p. 992, 1049;
V. 72, p. 4*1.873 Fiscal year ends Oct. 31. In 1899-00, gross, $495,086; net, $60,026; rental from lessee, $148,526; bal., loss to lessee,
$88,500. In 1898-99, gross, ^ 442,:, 30; net, $70,940; rentals to T. H. &
P., *1 32,699; balance, loss to lessee, $61,759 —(V. 70, p. 993, 1030;
V. 72, p. 481, 873, 937.)
Road— Runs from Ross, in McLennan Co.,
Texas Central
to Albany and Stamford, Tex., etc., 215 miles, of which Ross to Waco,
11 miles, is Houston A Texas Central trackage, and extension Albany
to Stamford, 40 miles, was completed Feb., 1900. Projected further
to Las Vegas, New Mex. Successor In Jan., 1893, of the railway foreOn July 1, 1901, $650,000 additional firsts were held In
closed.
treaeory.
Dividends on Preferred.— In 1896, 3 p. c; in 1897, 3 p. c; in
1898, 3 p. c; In 1899, 4 p. c; in 1900, Jan., 4 p. c; in 1901, Jan., 5 p. c;
July, 2>« p. c. First dlv. on common, 2>« p. c, paid July 15, 1901.—
V. 73, p. 33.
Gross, $40,311; net, $14,291
Latest Eaknb.-1 mo., < 1901
Gross, 28,568; net,
(1900
7,186
July 1 to July 31.
Report for year ending June 30, 1901, was in V. 73, p. 664, showing,
on 22.' miles: Gross. 9~ 07,591; net, $265,787; other income, $2,724;
Interest, $25,000; dividends, $66,225; balance, surplus, for year,
$177,285. In 1899-00 (194 miles), gross, $375,573; net, $129,615.—
(V. 71, p. 860; V. 72, p. 45; V. 73, p. 33, 664.)
;
A
BR.—
—
&
&
H
RR.—
Texas midland RR.— Road from
Ennls on Houston
&
Texas
Central Ry. to Paris. Texas, 125 miles (of which 52 miles Greenville
to Paris completed In Oct., 1896.) Of the 125 miles, 14 are trackage
over St. Louis Southwestern. Formerly part of Texas Central
By.; In 1893 purchased by Mrs. Hetty Green.
Stock.—$500,000; par, $100. Total current liabilities July 1, 1898,
•2,011,499, Including $176,866 unpaid coupons. For year 1899-00,
ftom, $435,334; net, $11,511; charges, $73 744; def., $62,233. Pres.,
E. H. K. <,re.:n, Terrell, Tex.- (V. 63, p. 839.)
New Orleans K R.— (See Map So. Pae.)— Houston, Tex.,
Texas
to OranKe (Hablne River), 112 miles; and Sabine Pass to New Homer,
128 mile*; Houston to Clinton, 8 miles; Dallas to Athens, 78 miles;
total June 30 1900. 326 miles. In May, 1901, extension from Athena
to Frankfort, 26 miles, was opened
In May, 1899, purchase and consolidation of the Sabine A East
Texas, the Louisiana Western Extension and the Texas Trunk RR. (the
latter Dallas to Cedar, Tex., 52 miles), was authorized, provided a connecting link be built to form wltb them a continuous line from Dallas,
Tex., to present terminus of Sabine A East iexas Ry. at or near
Bablne Pas*.— V. 68, p. 1026. In Oct.. 1900. the Texas RR. Commission approved the l**ne of $1,470,869 bonds at $13,50«> per mile on
A
$236,500
iA. & O. N. Y.,D.L. &W. Office. Apr. 1, 1903
7
2,500,000 8 In 1900 Q.-F. N. Y., D. L. & W. RR. Co. Aug.l, 01. 2"
1.966,000
A. & O.I
7
do
do
Oct. 1, 190i
3ia
1,325,000
LSI-—J&, N.Y., Or. Cent. Station. Nov.l,'01 L
464,000
M15&N. N. Y., Farm. L. & Tr. Co. Nov. 15, 1906
600,000
5
M. & S.|N. Y.,Gr. Cent. Station. Mch. 1, 1909
130,000
M. & N Tit.Guar. &Tr.Co.,Port. May 1, 1F05
1 ,550,000
5 g. J. & J St. L. Miss. Val. Tr. Co. Jan. 1, 1948
See text.
4lflg.
7,000,000
& O. N.Y..J.P. Morgan & Co. Oct. 1, 1939
4,600,000
& A.
do
Aug. 1, 1944
do
2,490,000
& J.
do
do
July,"" '01 '
ly,
3%
3,000,000
3
& J.
do
July,
r,'0i,li«%
do
5,000,000
& O. New York and London. Apr. 1, ,.«,.
7g.
r. ... 1929
1,250,000
6
& J. N. Y., J. P. Morgan & Co. July, '01, 3
4
1,000.000
& O. N. Y., Grand Cent. Sta'n Apr. 1, 194
5
1,900,000
& J. N. Y. Farm. L. & Tr. Co. July 1, 1925
5
600,000
& J.
do
do
July 1, 1925
6
500,000
& J. N.Y.,Farmere'L.&T.Co. Jan. 1, 1910
4
& D.
1,242,500
5
In default.
36,000
& S.
Mar. 1, 1937
2,194,000
& s. Sep.,'96, coup, last paid Sept. 1, 194S
5
2,649,400 See text.
N.Y.,Farm.L'n&Tr.Co. July 15,'01,2»»
do
1,324,500 7i«1n '01 J. & J.
do
Julyl.V01,2«#
5 g A. & O.
500,000
do
do
Apr. 1, 1923
J. & J.
None in 1897-98
150,000
5
5
J. & J.
750,000
None in 1897-98
1993
7
1,094,000
P. & A. N.Y.,S.Pac.,23Br'd8t. Aug. 1, 1905
M. & S.
6
do
2,575,000
do
Sept. 1, 1912
J. & J. N. Y., Central Trust Co. July 1, 1943
5
1,620,000
4
F. & A.
New York.
Aug. 1, 1930
See text.
5
F. & A.
Aug. 1, 1923
350,000
!M. & N.
356,271
6
2 p. ot. per an.
V
|
5*
,
109 miles of Dallas extension, of whioh $890,000 owned by So.
Pac. Co. V. 71, p. 438. In Dec, 1899, Texas Trunk Ry. was acquired.
V. 69, p, 1347, 696; V. 71, p. 864.
Securities Etc.— A reorganization in 1874. The stock is $5,000,000,
all of it being owned by the Southern Paoiflo.
First 7s are purchased
by the sinking fund at not over 110. Lands unsold June 30,1900,
564.825 acres.
The
morgage
of 1900 secures bonds at $20,000 per mile
on the
purchased and under construction from Rockland to Dallas, Tex., about 218 miles, and extensions and branches
hereafter acquired or constructed up to 40 miles and also upon the
line reoently purchased from Orange to the Sabine River, about 7
miles.— V. 0, p. 997; V. 71, p. 183. Due So. Pac. June 30, 1900,
first
line of railroad recently
"
$1,239,656.
Earnings.— 11 mos.,
Gross, $2,581,153; net, $929,018
) 1900-1
Gross, 1,739,901; net, 545,249
July 1 to May 31.
U899-0
In year ending June 30, 1900, gross, $1,891,303; net, $583,305;
surplus, Including other income, over oharges and taxes. $310,610.
In 1898-9, gross, $1,864,921; net, $766,828.— (V. 71, p. 183, 438, 864.)
Texas A Pacific Ry.— (See Map Mo. Pac.)— New Orleans, La.,
west to El Paso, Tex., 1,152 miles; Marshall via Texarkana Juno, and
Whltesboro to Fort Worth, 316 m.; Texarkana to Shreveport, La., 72
miles; branches, 79 miles; total, 1,619, of which 92 miles. Sierra Blanco
to El Paso, is trackage, leaving 1,527 miles owned. In Feb., 1900,
branch from Port Allen to New Roads, La., 25 miles, included above,
was completed, and In Mar., 1901, branch from Donalds vi lie to Thibo*
In Feb., 1901, purchased the Texarkana
daux, La., 29 miles.
Shreveport & Natchez, Texarkana to Shreveport, La., 70 miles, and
projected to Natchez, Miss., about 200 miles fn all. V. 72, p. 284. In
July, 1901, extension under construction from New Roads, La., to
Vidalla, 90 miles; also branch from Natohltoohes to Shreveport, 75 m.
Organization.—In 1888 reorganized by the plan in V. 43, p. 164, and
V. 45, p. 401, without having the foreclosure sale confirmed, thus preserving the original Federal charter. Land assets Jan. 1, 1901, were
75.033 acres, a large number of town lots and land notes $38,436
so
and $10,371 cash.
Stock.— Mo. Paoiflo Deo. 31,1900, owned $6,525,000 stock, pledged
part securityfor Its 5 per cent gold debentures of 1900.
Bonds.- (See 188° mortgage abstracts, V. 47, p. 82.)
The Louisiana Branch Lines mortgage will cover all branches constructed or acquired in Louisiana at $12,500 per mile, but are net to
exceed In the aggregate $7,000.000.— V. 72. p. 577, 1189.
Interest scrip, income and land grant bonds (a stock liability, referable under reorganization agreement), $234,272; other scrip, $9,331;
$438,000 Eastern Division 1st 6s were called for redemption on March
1,1899, $105,000 on March 1, 1900, and $118,000on Mar. 1. 1901.—
V. 71. p. 699. Equipment notes, $567,554, payable monthly Dec,
1900 to 1905. V. 72, p. 88.
Finances.—On second 5s there Is no right to foreclose unless default
Holders of one-third of the outstanding
Is made on first mortgage.
seconds, however, can require the trustee to enter upon and operate
the property. The company has been spending its earnings in needed
improvements, but In March, 1900, made its first payment on Incomes,
viz., l>t per cent, and in Mar. 1901. 4 per cent.
In Dec, 1900, all except $905,588 of the Texas & Pacific seconds
had been exchanged for 65 per cent in new St. Louis Iron Mountain
& Southern gold 4s, bearing interest from July 1, 1899. See Iron
Mountain statement following Missouri Pacific. V. 68, p. 525, 619,
725, 774; V. 70, p. 533.
Earnings.—Jan. 1 to Sept. 21, 8\ months, gross, $2,117,580 in
1901, $1,785,191 in 1900 For 3 mos. ending Mar. 31,1901, net, $1,048,345; other income, $61. 982; charges, $444,680; bal., sur., $665,647 -V. 72, p 1189.
Annual Report.— Annual meeting is held In New York on the third
Wednesday in March. Report for 1900 was in V. 72, p. 576. Net earnings for 1893 are as far as possible revised to same basis as 1899-00.
1897.
1899.
1898.
Tear ending Dec. 31— 1900.
$9,751,122 $8,300,186 $8,006,504 $7,588,648
Gross earnings
2,115,646
3,169,490
2,451,320
2,299,039
Net earnings
income account.
1900.
$3,358,668
$1,289,756
(4%) 928,692
635,042
276,328
20,265
1899.
$2,581,895
$1,283,865
(1**%) 375,000
505 265
249,344
96,437
$208,586
Balance, surplus
p. 578, 937, 1189; V. 73, p. 723.)
$71,982
Total income (lncl other receipts)
Intereston first mortgage bonds
Interest on 2d Incomes
Betterments, equipment, etc
Taxes
Miscellaneous
-(V. 72,
Texas Sabine Valley A Northwestern Ry.—V.
Tirton ThomasTllle A fiulf Ry.—Tifton, Oa.. to
73, p. 139.
Thomasville.
55 Smiles. Stock authorized, $1,000,000; Issued, $555,000; par of
shares. $100. Bonds are limited to $10,000 per mile. President, H.
M. Atklnron, Atlanta, Ga.; Vice-President, J. W. Hightower, Thomssvllle, Ga.; Secretary and Treasurer, W. M. Otis, Moultrie, Ga.
.
C
:.
!
KAlLJKOAD STOCKS
October, 1901]
explanation
or"
on
»M
column headings,
page of tables.
Road. Bonds Value. Outstanding
first
1 19
1875
1888
•
-
H
1,000
1,000
1,000
1,000
1,000
L888
1901
1899
50
1852 500 &c.
1875
1,000
1875 500 &c.
100
1885
1,000
1892
1,000
1894
1,000
1901
1,000
19' 1
1,000
1888
1,000
1
1
Muskegon— 1st mortgage
Walhonding Valley ct Ohio— Stock
o*
Gen. M. *20,000p. in.),) A, guar. p. Ai.F
0"
do
SB,
$4,000,000, gold
>r. Ham. <£ Buff.— lm.t M.. g., $40,000 p. m. AB.c*
ansylrania— 1st M., g., $160,000, gu. p.& i.end.c
•inert* City RR.— First mortgage, gold
vy <t Qreenbush— Stock, 7 per cent rental, N.Y.C.
*do Saginaw
.<!
Dividend.
Mch. 1, 1905
6 g. M. & S. N. Y.. Mero. Trust Co.
3,060.000
June 1, 2000
5 g. J. & D. N. Y Mer. Trust Co.
21,704,000
5 g. 'Moll. 1. 4 p o. pd. Meh. 1, 1901 Deo. 1, 2000
23,217,300
Jan. 1, 1931
5 g. 'J. <fe J., N. Y., Mer. Trust Co
2,112,000
555,000
5 g. F. & A. Boston, Old Col. Tr Co Aug. 1, 1929
580,900
239,500
5 g. M. & N. PliiL.Newbold'sSon&Co Nov. 1, 1915
A. & O. Elmira,ChomungCo.Bk. Oct. 1, 1905
265,000
7
A. & O.
do
do
Oot. 1, 1905
160,000
7
N. Y. Central Trust Co. July 25 '96,li4
10,208,000
do
do
July 1, 1935
3,000,000
5 g. J. & J.
do
do
Oct. 1, 1935
5 g. A. & O.
2,500,000
do
do
June 1, 1935
5 g. J. & D.
2,000,000
do
do
Feb. 1, 1951
4 g. F. & A.
425,000
do
do
Feb. 1, 1951
500,000 Oct 1, if earned.
5 g. M. & N.
Nov. 1, 1938
300,000
Various
1,091 248 5, 6&7
4 g. J. & J. N. Y., Am. Ex. Nat. Bk. July 1, 1917
4,895,000
Jan.
N. Y., Farm. L. & T. Co. Jan. 1, 1905
5
220,275
9,995,000 To be in voting tr ust for five years
10,000,000 To be in voting tr list for five years.
3i2L J. & J. N. Y, Oent. Trust Co. July 1, 1925
9,000,000
6,500,000
4 g. A. & O. int from Oct. 1, 1900. Apr. 1, 1950
J. & J. N. Y., Office, 271 B'way. July 1, 1918
1,662.000
5
2,500,000
412 g. J- & J. N.Y., Fanners' L'n & Tr. July 1, 1931
1,500,000
4is g. J. & J.
do
July 1, 1933
do
978,000
"
4 g. jJ. & D N. Y., Bost. & London. July 1, 1946
3,280,000
5*4 g. M. & N. Merc. Trust Co., Pittsb. May 1, 1919
160,000
250,000
3 g. J. & J. N.Y.,Winslow,Lan.&Co' Jan. 1, 1933
Troy, N. Y.
J'nel5,'00,3ia
J.&D./j
275,000
7
,
[
I
1887
1,000
••"
"ioo
100
,
\iedo
-Last
Whom.
Payable
cent.
$100 $38,760,000
1,506
Pacific— Stock, $50,000,000
519
o*
.Eastern Div.), gold, s. f. red. at 100
Utoonsol. mort. for $25,000,000, gold FP...O' 1,387
1,387
cons. inc. M. ($25, 000,000), g. (see rem.). Me.
169
Div. Br. Linos, 1st M., g. $12,5<>0 per m. no
nomas. £ Ou'f 1st M.,g.,$l,000,000.OBe* 55^
V. —Stock '$130,700 is preferred)
46
due 1882 ana extended, gold
46
Extension bonds
7
E' intra State Line Railroad 1st mortgage, guar..
Uedo it Ohio Central— Stock [$3,708,000 pref.]..
196
g., limited to $3,000,00> (V. 53, p. 436). <'e
st mort. for $2,500,000, gold. IV. 0*; Text.
335
»1 M. (V. 62, p. 504) ($2,000,000), g. Ce..o*
0*
58
9t Mary's Div. 1st M., g., $500,000 TIo
58
1st pref iue.,$ 00 000,uon cum.4V.Sr
do
0. 0. Ext., 1st M. (foreclosed), int. only gu.
Car trusts, June 30, 1901 (principal)
230
>Udo Peoria rf West.— 1st ML, (for $5,000,000), g.c*
....
scrip (secured by 1st M. coups, in trust)
it Louis* ITM/tr/i-Coni. stock, $10,000,000
Preferred stock, 4 p. c, non-cum $10,000,000..
F c&r 451
lien mort.. $10,000,000, gold
WM.g. $6,500,000, red. aft. July, 1925. col.c&r 451
.t
\
BONUS.
Subscribers will confer a great favor by giving Immediate notice of any error discovered in these Tables.
Homts— PrinclINTEREST OR DIVIDENDS.
RAILROADS.
Miles Date Bize, or
Amount Kate per When Where Payable, and by paLWhen Due.
Stocksof
Par
Ac, eee notes of
>r
1
AND
1900
1900
1888
1,000
1891
1893
1896
1899
1883
96
125
125
1,000
1,000
1,000
1,000
1,000
ioo
88
32
26
50
6
1
6c Olilo Central By.— (See Map)—This road, well shown
accompanying map, is made up as follows
Miles.
Miles.
Trackage (31 miles.)
Line's owned.
1
173 In Toledo (L. S. & M. 8.)
to Bremen
11
4 Bremen to New Lexington
lum Creek to Truro June
xington to Corning
13 To Millfleld and to Carrington 25
145
e to Thurston
Total operated
.430
to St. Mary's
58
Kanawha & Mich, (which see).. 164
393
Total owned
Organization.— Successor in 1835 of Ohio Central foreclosed.
In June, 1901, the Hocking Valley Ry. had acquired all except
4,100 common and $11,600 preferred stock in exchange for 70
V. 69, p. 1347;
>r cent of Hocking Valley stock of the same class.
Hocking Valley item, V. 69, p. 1345; V. "1,
71, p. 810. Bee
The properties will be operated separately. On Ma 1, 1901,
>oV over the former Columbus & Northwestern Ry., extending from
Toledo
the
:
1
'
;
ftl
.
V. 71, p. 1068; V. 73, p. 660.
entitled to 5 p. c. non-cum., then common to 5,
len preferred to 2, then common to 2, then both share, pro rata.
.0., to S".
Mary's, 58 miles.
Stock.— Preferred
is
p. c; 1892, 4; 1893,2; none
pref. April, 1890, to July, 1896, Inclusive, 5 p. c. yearly.
Dividends.— On common: In 1891, 2
On
Bonds.— Western Division mortgage covers the road from Toledo
Truro Junction, 139 miles, and also (subject to the first mortice of 1885) the rest of the property. See V. 55, p. 322, 545, 590. 625.
The Toledo <fc Ohio Central guarantees the principal and Interest of
te Kanawha & Michigan first mortgage bonds (See that company) and
10 the interest only on $300,000 Tol."& O. Cent. Ext. 5s (foreclosed).
The St. ary's Division bends are secured by a lien on the former
ohunbus & Northwestern RR„ extending from Peoria, O. to St
-, 58 miles.— V. 72, p. 284, 628.
Fixed
Bal., incl.
Net.
Gross.
Earnings.— 2 mos
Earnings.
Earnings. Charges, other income.
M
ilylto<1901
sur.$68,968
$79,714
$516,342
$147,746
sur.51,708
31.. U900
118,562
66,871
436,693
annual Report.— Fiscal year ends June 30. Annual meeting is held
Toledo on the first Monday in Sept
Report for 1900-1 was in V.
Of total tonnage 68 p. o.in 1901 was bituminous coal.
p. 6.0.
irsend. June 30— 1901.
1898.
1899.
1900.
toss earnings... $2,571,722
$1,897,868 $1,779,614
$2,3^8,912
?t
earnings
533,918
601,413
720.582
832,902
10,255
24,855
7,424
13,189
i'.
l
Total net income
terest.taxes.etc.
$728,006
517,651
$846,091
484,536
$626,268
497,956
$544,173
464,536
,mce for year.sur.$210,355 sur.$361,555 sur.$128,312 sur.$79,637
man of Board-D. Axtell President, N. Monsarrat— (V. 73, p.
;
4,617,660.)
Tol. &. Ohio Cent.
Exten.— See
Marietta Columbus
<fe
Cleve.
Toledo Peoria 6c Western By.— ( See Map of Pennsylvania RR.)
Owns from Effher. Indiana 8tate line, to Warsaw, 111., 220 miles La
;
arpe to Iowa, m., 10 m.; jointly with Wabash, 1 mile trackage to
•oria and Burlington. la., 17 m.; total, 248 miles.
Organization.— In 1894 joint ownership and management by Pa.
and C. B. & Q. was arranged. Stock $4,500,000 (par $100), of
aich $423,100 in treasury in 1900. Mort. abstract, V. 45, p. 242.
In October, 1894 (3 coupons), were paid $5 in cash and $15 in debenresorip. (See V 61, p. 514.)
Equipment trust June 30, 1901, $171,2; bills payable, $331,191
Earnings— 2 mos., > 1901-2
Gross, $20^,616; net, $57,318
Tuly 1 to Aug 31.
Gross, 201.029; net, 56,459
S 1900-1
urp. over 2 mos. ch'ges, $11,217 In 1901-2, agst. $10,940 in 1900-1.
;
Anni-ax
fear.
}"-01
3900
Report—Report for
Gross Earn\s.
$1,157,079
1,077,904
1897-98 in V. 67, p. 948:
Net Revenue. Int. <t Taxes.
$278,443
$277,180
271,008
270,263
Balance
$1,263
745
V. 65, p. 514; V. 67, p. 948; V. 71, p. 961; V. 72, p. 1189.)
Toledo St. Louis 6c K.
See Toledo St. Louis & Western below.
Toledo Saginaw 6c Muskegon By.— From Muskegon, Mich., to
hiey, Mich., 96 miles. The Grand Trunk of Canada owns the $1,600,
C—
stock issued, and operates the road, and above bonds have a traffic
aranty. V. 71, p. 85; V. 72, p. 338.
a>- Dec. 31. Grots.
Net.
Interest.
Deficit.
Traf. guar
DO
$129,204
$56,770
$50,753
$83,100
$26,330
?9
133,328
78,973
53,783
83,100
4,127
V. 71, p. 31,85.)
Toledo St. Louts 6c Western By.— Road— Owns from Toledo
East St. Louis, 451 miles (6II3 lbs. steel); sidings, etc., 72 miles,
has trackage to St. Louis and Toledo Union depots.
>roanization— Incorporated in July, 1900, as successor of the
edo St. Louis & Kansas City RR. (foreclosed -see that company
yve), per plan V 70, p. 1196.
The new company took possession
ly in August, 1900. -V. 71, p. 237.
oting Trust.— Both classes of new stock will be vested for five
.rs in the following voting trustees: Frederic P. Olcott, Thomas H.
Huhbard and William A. Read, who miy sell the stock at any time,
subject to the approval. of a majority of each class.
New Bonds.— Of the prior lien 3^s $1,000,000 is reserved to be
issued after Jan. 1, 1 902, at not over $ ^50,000 per annum. Additional
first mortgage bonds, not to exceed $10,000,000, may be issued at any
time to retire the prior lien bonds.
Position of Veto Company.— The committee estimates that within a
reasonably short time the gross earnings can be increased to about
$2,400,000 yearly and ihe net to about $810,000, and that when the
improvements contemplated by the cash requirements of the plan
have been made, the net earnings can be still further increased. The
fixed charges of the new company at first will be $575,000 yearly.
Earnings.— Jan. 1 to July 14, 1901 (6I2 months), gross, $1,398,939,
against $933,723 in 1900.
Results Old Company —During receivership of old company:
Gross.
Year—
Net.
Taxes.
1898-99
$2,062,738
$535,545
$104,400
1897-98
2,245,974
356,956
90,000
Officers. -Chairman of the Board, Wm. A Read; President and
General vfanager, Benjamin Norton; Sec. and Treas., Joseph H. Seaman. Executive Committee— Wm. A. Read, F. P. Olcott, J. Kennedy
Tod, Henry Budge and C. H. Tweed.
Directors.— F. P. Olcott, Henry Budge, M. Kennedy Tod, Tm, A.
Read, John J. Emery, C. H. Tweed. C. S.
Packard, J. Crosby Brown,
Benjamin Norton, Alfred Pick and Thomas H. Hubbard.
Office, 44 Pine St., N.Y.— (V. 72, p. 243, 340.)
W
Toledo Terminal KR.-V. 71. p. 698.
Toledo Walhonding Valley 6c OUio
BB.— Owns
road in
operation from Toledo Junction to Toledo, O., 80 miles, and from
Loudonville to Coshocton, O., 45 m.; total owned, 125 miles; trackage
(Pitts. Ft. W. & C.) Toledo Jet. to Mansfield, O., 7 m.; total, 132 miles.
Lease, Etc. Leased for net earns, to the Penn. Co., which guarantees the bonds. Pennsylvania RR. owns $1,920,000 of the stock, the
remainder being owned by the Pennsylvania Co.
Earnings.— For year ending Dec. 31, 1900, gross, $1,028,821; net,
$270,375; other income, $19,488; interest, etc., $146,510.
Toronto Hamilton 6c Buffalo
Road Hamilton to
Waterford, Ont., 43 miles, and Hamilton to Welland, 38 miles, total,
including branches, 88 miles; connects at Hamilton with Grand Trunk
of Canada and Canadian Pacific Ry.
(See V. 62, p. 319.) Under
traffic agreement made in 1895 with N. Y. Central, Michigan Central,
Canada Southern and Canadian Pacific, interest is practioally guaranteed. See V. 68, p. 475, and advertisement in Chronicle of March
11, 1899. Of the stock, $2,500,000, 19 per cent is held by the Canadian
Pacific and 51 per cent by the N. Y. Central.— See V. 61, p. 753; V. 63,
D. 359; V. 68, p. 475, 1134; V. 69, p. 29.
Trans- Alaskan My.—V. 73, p. 786.
Transylvania
Hendersonville to Eastatoe Ford, N. CL 33
miles.
A reorganization of the Hendersonville & Brevard RR.,
sold in foreclosure May, 1899. Stock authorized, $320,000; par $100;
all outstanding.
V. 68. p. 926. Mortgage trustee is Mercantile
Trust Co., Pittsburg. Bonds are guaranteed, principal and Interest;
Toxaway (land) Co. of North Carolina. V. 6». p. 182. For year endby
ing June 30. 1900, (22 miles) gross, $16,507; net, $8,534; int., $6,237
bal., sur., $2,297. Pres., W. P. Potter, Pittsburg.
—
BR.—
BB.—
Traverse City
BB.— Owns road
Mich., 26 miles; opened in 1872.
from Walton to Traverse City,
Leased in 1883 to Grand Rapids &
Indiana RR., but not included in the reorganization of that oompany
Coupons 1st mort. all paid to Jan., 1901, incl. There are
$190,000 of 5 p. c. incomes outstanding. Capital stock is $205,000;
par $100. For year ending Dec. 31, 1900, gross, $55,540, net, $11,721;
interest on bonds, $7,500 bal., surplus, $4,221.— (V. 67, p. 75, 1310.)
Troy 6c Greenbusn
Owns from Troy to Albany. 6 miles
double track; leased to N.Y. Central in 1851 at 7 p.c. on $275,000 stock.
Tuscaloosa Belt By.— Owns about 6I2 miles of Belt road In
Tuscaloosa, Ala., and suburbs. Capital stock authorized, $100,000;
issued, $26,000 ($100 shares.)
General Manager, J. W. Woolfolk,
Tuscaloosa, Ala., or 15 Wall Street, New York.
in 1896.
;
BB.—
Tuscarora Valley BB.— Owns narrow-gauge road (3 ft.) from
Port Royal to Blair's Mills, Pa., 27 miles, proposed to be changed to
standard gauge during 1901. Extension from Blair's Mills to McConnellsburg, 31 miles, being built under charter of Tuscarora RR. (stock,
$310,000; par, $50), and in Dec, 1899, over one-half was completed
Tuscarora RR. bonds will probably be guaranteed. Stock. $300,000;
par, $50; outstanding $150,000. Year ending June 30, 1900, gross.
$23,683; net, $12,526; total deductionss, $12,299; bal., sur., $227.
President, T. 8. Moorhead; Sec, D. B. McWilliams.- (V. 67, p. 1162.)
Ulster 6c Delaware BB.— Owns from Kingston Point (Hudson
River), N. Y. to Stamford, 75 miles; leased, entire stock owned: Stony
Clove & Catskill Mt. RR., Phoenicia to Hunter, 15 m.; Kaaterskill RR.,
7 m. Leases, Delaware & Otsego RR., Hobart to ODeonta, 29 miles;
Hobart Branch RR..4 m.; total, 130 m. Extension from Bloomville
northwest to Oneonta, 20 miles, included above, operated from
July, 1900, giving a through line from Kingston to Oneonta, 109 miles.
V. 71, p. 136. Loans and bills payable June 30, 1901, $lfc'6,000.
140
INVESTORS'
SUPPLEMENT.
IVoi. LXXIII.
.
October,
RAILROAD
1901.]
RAILROADS.
Miles
Date
STOCKS AND BONDS.
Size, or
Amount
Par
of
For explanation of column headings, Ac, see notes of
Road. Bonds Value. Outstanding
on first page of tables.
Tiueaioosa Belt— lit mortgage, $100,000, gold.Kc
Tuscarora Valley— 1st inortgage,$l 50.000, gold...
Tusoarora RR., 1st M.fonext.), $310,000, e.JIp.o
Ulster* Delaware Stock ($3,000,000 authorized)
C
Consol. M. for $2,000,000, gold
1893
1897
1898
$1,000
27
31
102
1888
1899
1,000
1,000
6ia
F
2d mortgage
Vnadilla Valley— Stock ($200,000 authorized)
1st M.,$250,000,$l 2,500 p.m.,g., red. at 110 o*<fer
Union Pacific RR.— Common stoek,$196,17S,700
Pref. stock, 4 per oent, non-oum., $100,000,000..
1st M. Ry and land grant. $100,000,000 g.. .Me
1st Lconv.M., $100,000,000, g. fred.text.IWe *o*r
United N. J. RR. <t Catiat Oo.— Stock, 10 p. o. guar..
General mortgage of loan of 1908, gold
r
'71 for $20,000,000, loan of 1923, gold
r
(now 1st mortgage) } loan of 1929, gold
cAr
FP, secures all loan of 1944, gold
cfer
equally.
loan of 1951, g. p. & i.gu
Utah Getitrol—See Rio Grande Western.
Utiea <t Black River— See Rome Water. & Ogdens
^itcai hen.tfSuxq. Vol.— 8tock,6p.o.gu. by D.L.AW
Utica Clinton <t Binghamton Stock
1st mortgage, guar, by D. A H
No
Valley (N.Y.)-BtooV, 5 p. o. guar, by D. L. & W..
1st mortgage (for $500,000)
Valley (Virginia)—1st M., $1,000,000, see text.. ..o
Vermont <t Mas*. Btook, 6 p. o. guar, by Fitohburg
Bonds, not mortgage (guar, by FitchburgRR.).o*
Vermont Valley of 1871—Stock
1st M., with $500,000 Sul. Co. RR. stock as coL.o
....
100
100
1897
IT
1901 i,oeo&o
100
*? £ 1878 1,000
1,000
IS s 1883
1,000
a 1 1889
r
° 1894
00
1.000
1,000
IS * 1901
1,835
1,300
i
[
'
—
BURG.
97
F
—
IT
Ac
1893 500
31
11
11
62
59
mmm
24
24
M A
D. N. Y., Knlokerb, Trust
J.
J.
A.
A.
J.
1933
July
July
100
1.000
50
1,000
1,
1,
1917
1928
June
N. Y., Metropol. Tr. Co,
D. N. Y., Central Trust Co
Rondout, N. Y.
N.
& J
AO
& O.
A J
J.
Dividend.
1,
1,
192»
1919
May
In default.
Jan. 2, 193S
N. Y. Office, 120 B'way Oct. 1,
do
do
Oct. 1,1901,2
W,2%
do
do
from May 1, 1901
July
1,
1,
1947
do
Sept. 1,
1920
1944
May
M. & N. Int.
1911
Q.-J. Phlla. and N.Y., Offices Oct. 10/01, 2i*
Sept. 1, 1908
M. A 8. Philadelphia Office.
Feb. 1, 1923
F. A A,
do
do
A
&
M.
M.
M.
&
8.
8.
9.
do
N. Y.,N. Bk.Com.
do
A Phil
Moh.
1,
Mob.. 1,
do
M. A N. N. Y, Del. L. A W. RR.
4,000,000
6
849,285 See text. F&A10 Utica, N. Y, On. N. Bk.
800,000
5
J. A J. N.Y., Security &Tr. Co.
750,000
J. A J. N. Y., Del. Laok. & West.
5
do
400,000
P & A.
do
5
750,000
6
A. & O. N. Y. Mere. Tr. A Bait.
3,193,000
A. & O. Bob t., 53 Devonshire St.
6
1,000,000
M. A N. Boston, Fltohburg RR.
5
Bellows Falls.
1,000,000
6
J. A J.
800,000
A. A O. Boston, 8. Dep. A Tr.Co.
5
100
1880
J.
*
1,000
1,000
1883
g.
*
1,000
1881
1881
A
A
A
&
J.
J.
J.
-
1,794,600
1,997.000
g
500,000
i
200.000
250.000
5 g.
104.042,600 4 In 1901
99,514,600 4 In 1901
99,556,000
91,9^7,000
10
21,240,400
841,000
1,824,000
i g
6,020,000
2 g
5,646,000
5,669,000
3H g.
100
100
1889
f g
5
-
100
20
Whom.
Payable
Cent.
(t)
100
.
Bonds— PnncINTEREST OR DIVIDENDS.
pal, When Due
Rate per When Where payable, and by Slocks— Last
$100,000
150.000
1,000
141
1951
Nov., 1901. 3%
Aug. 1,1901, 2
July 1, 1939
July, '01, 219%
Aug.
1,
1911
Oct. 1, 1921
Oct., 1901, 3%
May
1,
1908
1,
1910
July 1/01, 3%
Oct.
$500 and $1,000.
Net.
Other inc. Int., taxes, etc. BaL.sur.
Trs.end.June 30. Gross.
1900 1901
$4,868
$157,263
$25,398
$607,423 $177,793
1899 1900 ... 473,663
142,376
11,400
136,658
17,118
—(V. 69. p. 382; V. 71, p. 136; V. 72, p. 628.)
Unadllla Valley Railway.— Owns road from Bridgewater to
New Berlin, N. Y., 20 miles; opened in July, 1895. Connects D. L. &
W. with New Berlin branch of N. Y. O. & W. Income bonds, $30,700
20-year 5s. Interest on firsts was not paid, but funded for 5 years,
and in April, 1901, foreclosure suit was broughl. V. 72, p. 776.
Year 1899-0, gross, $31,904; net, $1,586; interest, $12,500; balance,
deficit.. $10,914.
Pres., Everett M. Culver; Vice-President, Ralph
Brandreth; Sec., Clarence Qoadby, 135 B'dway, N. Y.-(V. 72, p. 776 )
Union Depot Br. A Tor. RR. of Kansas City.—V. 72, p. 989.
.
Union
Pacific Railroad.— (Sec Map.)—The system embraces
Miles.
Lines owned dirtctly—
Controlled—
1,033 Oregon Short Line RR., GranCouncil Bluffs to Ogden
640
Kansas City to Denver
ger, Wy., to Huntington,
106
re., Helena, Mon., to FrisDenver to Cheyenne
..
151
Lasalle, Co., toJulesburg
co, Utah, eto
1,481
Branches
934 Oregon RR. & Navigation.... 1,136
Trackage to Sioux City, la...
75
Tot.
:
mainline and br'nchs.2,939
|
Total
all lines
July 1.1900.5,^56
History.— Incorporated in Utah June 23, 1897, to succeed per plan
and V. 64, p. 424), the Union Pacific Ry. A full statement co New York rttock Exchange as to the organization of the new company was in V. 66, p. 618; see also V. 67, p.
790 Owns over 99 per oent of he stock of the Oregon Short Line RR.
Oregon RR. A Navigation Co. is controlled through ownership of a
majority of its stock by the Oregon Short Line and the Union Pac.
of Oot. 15, 1895 (V: 61, p. 704, 705,
V. 69, p. 181. In February, 1901, purchased $75,000,000 stock of the
Southern Pacific CO., a strong working control.— V 72, p. 243, 284;
V. 73, p. 446.
Stock.— Articles of association provide: "Such preferred stock shall
be entitled in preference and priority over the common stock of said
corporation to dividends in each and every fiscal year at such rate not
exceeding 4 per cent per annum, payable out of net profits, as shall
be declared by the board of directors. Such dividends are to be noncumulative, and the preferred stock is entitled to no other or further
share of the profits "
In 189 -* the stockholders authorized the increase of the common
stock from $61,000,000 to $96,1" 8.700, and of the preferred stock
from $7^,000,000 to $100.00 ,"<0 in order to complete the company's
Navigation and Oregon Short Line RR.
control of the Oregon RR.
1
&
companies and take up the
income bonds
See each company.
On Mar. 24, 1901, the oommon stock was further authorized to be
Increased by $100 000,0
to provide tor the conversion at the option
of the holders of the 1st lien 4s of 1901.— V. 72. p. 392, 628. In July,
1901, about $8,0C0,000 had been issued in exchange for the bonds.
—V. 73, p 139.
Dividends p. c.)—
)
Onoommon
On
latter's
1899.
preferred
)
1
^
3^
lfOO.
1901.
3*2
1898.
>
4
4
i
Bonds.—The first mortgage (Mercantile Trust Co., trustee), covers the
1,854 miles composing the former Union Pacific and Kansas Pacific
lines. Including the telegraph, terminals, equipment, and, directly or
Indirectly, land grants.
Statement to N. Y. Stock Exch., V. 66, p. 618.
The first den convertible 4 per cent gold bonds of 1901, limited to
$100,000,000 is seoured by practically all the collateral formerly in
the treasury, including $75,000,000 Southern Pacific stock, and by
first mortgage on about 1,025 miles of branches.
They are convertible at the option of the holder fat any time before May 1, 1906, into
oommon stock at par, and redeemable after that date in whole or in
part by the oompanv at 102^ per cent (in the latter case to be chosen
by lot) To July, 1901, about $8,000,' 00 had been exchanged. V.
73, p. 139. See abstract of mortgage showing securities pledged,
value of collateral, eto. V. 72, p. 1084.— V. 72, p. 392, 776.
Lands.—The first 4s 1897 cover directly or through benefloial
ownership over 6,5(i0,000 acres of land, situated in Nebraska, Wyoming, Colorado, Utah and Kansas, the value of which was estimated
June 30, 1900, at $5,8ul,676; also further notes or contracts
for lands sold aggregating $5,88v,546, and the lands for which,
if not paid for, revert to the company.
See V. 67, p. 791. Total estimated value of lands a> d land assets .lime 30, 1900, $12,132,948
During 1899-0, l,2ti7,686 acres were sold for about $1,729,244.
General Finances.—To provide for the purchase of the Southern
Pac. 8too.K and other properties, stockholders in 1901 subscribed at par
to $100,000,000 first lien convert. 4 p. c. gold bonds.— V. 72, p. 392, 340.
Latest Earnings— For 12 months ending June 30 on the 5,604
average miles, against 5,545 in 1899-00, after deducting taxes:
Gross Earnings.
Net Earnings.
July 1 to June 30. 1900-1.
189^-0.
1900-1.
1899-0.
.
>
.
UnionPac.System.$43,639,264 $39,311,258 $18,904,096 $17,767,969
For 2 months ending Aug. 31, 1901, gross, $8,072,288, against
$7,484,265; net, $3,826,225, against *3,272.896.
For 8 mo8. t-nding Feb. 28, 1901, net earnings of system over taxes
were $13,093,304; other income, *94*«,100; charges, $4,683,612; div.
on Or. RR. & Nav. pref. stock, $220,000; baL, sur., $9,137,792; total
surplus Feb. 28, 1901, $21,304,582; div. on U. P. com. and pref. stock
(2 p. o. each) paid April 1, 1901, $3,908,588.
Annual Report.— Fiscal year ends June 30. Report for 1899-0 in
V. 71, p. 960, 966 (see also editorial, p. 938). Average train load, 344
tons in 1899 0, against 310 in 1 898-9.
Union Pacific Proper (2,923 aver, miles, against 2,422 in 1898-9).
Fiscal
Fixed
Cross
Net over
Other
Balance,
Tear.
Income.
Earnings.
Taxes.
Charges.
Surplus,
1899-00.. $23,046,907
$9,724,684 $2,303,126 $3,890,000 $8,137,810
1898-99. 19,811,641
8,399,473 2,013,894 3,830,000
6,583,368
Entire Sy»tem (5,427 a^er. miles, against 4,926 in 1898-9.)
1899 00.-$39, 147,697 $17,720,151 $2,743,519 $6,923,191 $13,540,479
1898-99.. 34,394,729
15,326,542
2,517,658
1899-00— Bu Divisions—
Average miles
10,955,320
6,888,880
Oregon RR.
Short Line.
<& Nav.
Oregon
Union
Pac.
2,923
Total
System.
1,438
1,066
5,427
Gross earnings
$23,046,907 $8,5 8.397 $7,522,393 $39,147,697
Opera'gexp. & taxes.. 13,322,223 4.104.H33 4,000,390 21,427,546
Net receipts
from mvest's
$9,724,684 $4,473,464 $3,522,003 $17,720,151
2,303,127
282,148
158,244
2,743,519
Inc.
Total income
$12,027,811 $4,755,612 $3,680,247 $20,463,670
Fixed charges
$3,b90,000 $1,963,883 $1,069,308 $6,923,191
—
Dividends on
Ore. RR. & Nav. pref
440,000
(4%)440,000
Ore. St. L. incomes
952,890
9 C 2,890
Un ion Pac. pref
3,9 52,870
(4%) 3.952,870
do
docomm. n(3ifl%)3,350,'57
3,350,757
Bal., sur
$834,183 $1.838,8o9 $2,170,939 $4,843,961
Officers, Etc.— (July, 1901.)— President, Horace q. Burt: VicePresident. William D. Cornish; Sec. Alexander Millar- Treasurer F
V. S. Crosby; Directors, H. G. Burt, Winslow S. Pierce, James Stillm'an!
Marvm Hughitt, E. H. Harriman, Thos. T. Eckert. James H Hyde
Otto H. Kahn, T. Jefferson Coolidge Jr.. George J. Gould, Oliver Ames'
J. H. Schiff, Louis Fitzgerald, Cbas. A. Peabody and H. H Rogers
Office, 120 Broadway, N. Y.-(V. 73, p. 237, 446, 723, 786.)
Union Pacific Denver & Gulf Ry.— See Colorado Southern
n, n T ern ln
slo nx c *«T.-Owns terminal road at
oJI, ™
r
?l
Sioux City, la.; J
total traok, °fo miles. Incorporated June 1900 as
13
successor of the Sioux City Terminal Ry. & Warehouse, sold in foreclosure Aug. 22, 1899.-V. 70. p. 1292. Operated by the company itself charges being made for switching on a wheelage basis.
Stock
*2.500.000.of which $1,870,2
outstanding, all Tssued to the old"
bondholders. Over two thirds of the stock has been deposited In a
voting trust.-V. 71, p. 31. No bonds. Pres., Sydney L. Wright- Sec
'
Walter T. Bilyen, 50g Walnut St., PhiladelphiaA(V. 71, p.
United New Jersey Railroad A Canal Co.-(See map Pennsylvania R. R.) Controls an important system of roads in Northern
N. J., having a four-tracked line from N. Y. to Philadelphia, also
a
line Perth Amboy to Camden, opposite Philadelphia, and branches
to
l^ong Branoh, Berkeley, etc., N. J., and to Manunka Chunk, Pa Total
mileage 470 miles. The principal lines owned directly are Jersey City
to Trenton, 56 miles (four tracks), and from Camden to South Ambov.
61 miles, of which 26 double track 9 branohes. 29 miles total (owned
directly) 146 miles. Also owns the Del. & Raritan Canal, 66 miles.
Phil
A Trenton and Belvidere Del.—which see-are principal leased lines.
Lease.— Leased in June, 1871, to the Pennsylvania Railroad for 999
years, at a rental of 10 per cent on the stock, besides interest on bonds.
J ea* ending Deo. 31, 1900, gross, $20,454,571; net
-JQ&FHSSP^l? or income, *
$4,092,619; other
245,188; interest, rentals, etc, $1,9«8,579:
Ry
,-
.
,
3U
;
;
dividend*, t2.124,040; balance, surplus for year, $153,960.
gross, $21,660,510; net, $5,810,874.— (V. 72. p. 392.)
In
1899
A
Utica Chenango
Susquehanna Valley Ry.—Owns Utica.
H.Y., to Greene, N. Y., 75 miles branch to Richfield Springs, 22 miles 97 miles. Road opened October, 1872. Leased to Delaware
Lackawanna & Western at 6 per cent on stock. Has no bonded debt.
;
total,
& Binghamton RR.—
Utica Clinton
Owns Utloa, N. Y., to
Bandallville, N. Y., 31 miles. Leased during continuance of charter
and renewals thereof to Delaware A Hudson Company, which
pays rental of $61, 500 per annum. Operated by New York Ontario <fe
Western. The street lines owned are leased to Utica Belt Line Street
RR. for $15,000 per annum. Capita) stock, $849,285 (par $100)
dividends on $200,000 of which are guaranteed by Del. A Hudson
at 5% per an.; balance variable, 3% p. 0. paid in 1898 to 1901, inol.
Valley (N. Y.) Railroad.—Owns from Binghamton, N. Y t©
miles. Opened 1870.
Leased to Delaware
Lackawanna A Western at 5 per cent per ann um on stock, the lessee
State Line of Penn., 11
assuming the interest on bonds.
Valley
m.
RR. (Virginia)— Owns Harrisonburg to Lexrngton.Va
62
Stock, $2,712,200 (par, $100), of which B. A O. owned June 30
1899, $1,020,600 and $223,000 of the bonds. In year 1900-1 fi-ross
' 8
°'
$127,672; net, $17,685; Interest, $45,000; taxes, $2,298.
Velasco Brazos
tion to
A Northern Ry.— Road
V el asco, Tex., 20
from Chenango Junc-
miles. Successor In July, 1901 to Velasco
Terminal Ry., foreclosed May 7, 1901, and proposes to' extend the
road. Stock authorized, $200,000. For year 1899-00 «rrn«a *T7
'"
026; deficit under oper. exp., $27,579 -(V. 72, p. 1239 )'
142
INVESTORS' SUPPLEMENT.
LVol. LXXIII.
.
.
.
.
.
OCTOBER,
RAILKOAD STOCKS AND BONDS.
1901.|
RAILROADS.
For explanation of oolumn headings,
on
first
page
Miles
ifeo.,
see notes
Par
188
188
1886
1901
1885
<£
52
Truckee— Stock
....
inortg<» ge
o*
Wabash 1st mortgage, gold, ^34,000,000)
o
2d mortgage, gold.
Deb. mort., Inc., non-oum., series A, red. at par.
Do do Inc. non-cum., series B, red. at par.
Det. & Chic. Exten. 1st M.,g., red. at llO.Ce.o*
DesMoinesT ;t UtM., gold. $1,800,000.. Co. c*
Tol. &Ch. Div.
. gold, $3,000,000. K.
New mort. on Om. & St. L $3,500,000, gold..
Equipment bonds, $3,000,000 s. f., Co
Kans. City Excels. Sp. & Nor. M., guar
Boone Co. <k Boonevllle 1st mortgage, int. guar.
New M. ou Boone Co. & B, $300,000, g., gu.p & i.
M
1,542
1,009
1,542
1,542
150
96
.-
.
,
Leased Line Bonds—
Louis Council Bluffs &
Brans. & Chilli. 1st M.,8%
Omaha
1st mortgage.
Aug. 1, 1900,int. gu.
Wabash Chester <t Western—1st mortgage, gold..o*
lstconsol. mortgage, $1,000,000, gold...IJSt.c*
WallkUl Valley—Stock, 3^ per cent, guaranteed...
let M. (formerly 7s) guaranteed
2d mortgage income, 3*2 per cent gua anteed.
Warren (N. J.;— Stock, 7 p. o. perp., guar. D. L. <te W
let consolidated (no w 1 st) mortgage F
let ref.M, $•.',000,000. gold; gu. p. &i....F.c*ir
St.
fr.
.
Amount
When
Outstanding Rate per Payable Where Payable, and by
Cent.
Whom.
$1,760,750
4,9 9,300
1,422,000
1,323,000
$1,000
1,000
1,000
....
100
1878
1,000
1878 500 <feo.
1889
1,000
1889
1,000
1889
1,000
1889
1,000
1891
1,000
1899
1,000
1901
1.000
1901
1901
1,000
22
22
1873
1901
42
38
42
65
4-5 g.
..„..
6
33
33
65
18
18
ft
to
1,000
Green
teld, Mass., 56 miles of double track; branch, 3 miles. The road is
leased to the Fitchburg RR. for 999 years at 6 per cent on stock.
of 1871.— Owns Bellows Falls to ErattleValley
boro, Vt., 24 miles. Controls the Sullivan County RR., Bellows Falls
to Windsor, Vt., 26 miles. Operated by Boston & Maine.
Earnings of Vermont Valley for year ending June 30, 1901, gross,
$246,012; net, $56 882; div. on Sullivan Co. RR., etc., $49,394; total
net, $106,-76; interest, taxes, etc.. $46,169; dividends paid, $60,000;
balance, surplus for year, $107.— (V. 63, p. 87. 7; V. 65, p. 867 )
RR.
Vermont
Pacific RR.— The company's road
was sold under foreclosure of the first mortgage in 1901, and is now
owned by the V. S. & P. Railway Company (see below). The above
third mortgage bond", however, are a first lien on lands which on
June 30, 1900, aggregated 178,6i)8 acres. The first and second coufons only have been paid (the latter, viz., that of Jan. 1, 1889, in July
899). Xhe bonds are received in payment for lands, [at 20 per cent
of par for year 1899-00] and to July 1, 1900, inclusive, the bonds outstanding had been reduced from $2,483,625 to $1,760,750 thereby.
Vlcksbnrg Shreveport & Pacific Ry.—Delta, La., on Mississippi River, via Shreveport, to Texas line, 188 miles. Of this, 17 miles,
Shreveport to Texas State line, Is leased to Sherman Shreveport &
Southern (Missouri Kansas & Texas system) for 25 years from July
28. 1900. Successor on May 1, 1901, to V. S. & P. Railroad, fore-
VUkuburg Shreveport &
closed, per plan V.
p.
628, 676.
Stock. Etc.- Stock authorized, common. $3,000,000; pref., $2,200,
000. Of the $3,500,000 general 5s $1,323,000 are reserved to take
up at maturity the prior lien 6s and $755,000 for future requirements.
Earnings.—Jul v 1 to Sept. 7, 2Lj mos gross, $154,431 in 1901;
$107,933 in 1899-0. Report of old company in V. 71, p. t»ll.
,
Land
Interest
Gross.
Net.
Sales, Etc.
Acciued.
BaL, Def.
F««r.
1900-1.... $896,940
$280,571
1899-0.... 691,531
183,219
$56,807
$408,889
$168,863
-(V. 71, p. 751, 911, 914; V. 72, p. 392, 628, 676, 822, 937.)
Virginia Midland Ry.— On June, 21/98, merged in Southern Ry.
Railroad.— (See Map.)— Embraces lines as follows, viz.;
Ovens East of Miss. River. Miles.
Owns West of Miss. River.
Salisbury to Glasgow, la., etc
15
Toledo, O., to East Hannibal,
Camp Pt. and Elvaston, m. 536 Dee Moines to Moulton, la. .
95
Decatur, LU., to E.St. Louis.. 110 Other lines
18
June, near Chicago to EffingBrunswiok to Pattonsb'g.Mo.
80
ham and Altamont, HI
216 Excelsior Spr. to Mil w. June.
9
Btreator to Fairbury
31
Edwardeville Branch
8
Total owned and leased
1,928
Delrey .near Detroit, to Butler 1 10
Trackage, etc.
Montpelier, O., on line to DeChicago to Clarke Junction.
26
troit, to Clarke Junction,
Moberly to Hannibal (V. 69,
Wabash
near Chicago
Attica to Covington
Champaign to Sidney
•Toledo to Montpelier, O.
•Ft. Wayne to Butler, nd...
Ovens West of Miss. River.
8t- Lottie to near Kansas City.
150
70
p. 550)
15 East Hannibal to Qulnoy
17
12 8 short lines to Quinoy, De57
troit, &c
45
27 Windsor, Ont., to Buffalo
270
275
Grand total
2,357
Centrallato Columbia, Mo...
21
Being a cquired.
St. L. Levee to Ferguson, Mo.
11 Council Bluffs to PattonsMoberly to Ottumwa, la
131
burg, Mo
145
•See below.
Also 7 miles owned, but leased, not included above.
The new line from a point near Toledo, O., to Montpelier, 57 milee,
giving the company a continuous line from Toledo to Chicago, will be
operated by Nov 1,1901; also a line from New Haven, Ind., to Butler, 27 miles, replacing the Eel River
V. 73, p. 569.
History, Ac- Successor in 1889 to the Wabash St. Louis & Paclflo,
which wae sold in foreclosure. See Supplement up to January, 1889.
Lease.—Entrance to Chicago is secured over the Chicago <k West Indiana, of whose etock this company owns $1,000,000.
Capital Stock.—The stock is $24,000,000 preferred 7 p. o. non-oum..
and $28,000,000 common par, $100. Holders of the "A" and "B'
debenture mortgage bonds are entitled to one vote at stockholders'
meeting for every $100 of principal.
Bonds.—Abstracts of the mortgagee of 1889 were In V. 49, pp.
270-273. The first mortgage covere all the lines owned both east and
weet of the Mississippi at time of reorganization (1,542 miles), and
enough bonds are retained to retire the prloi liens on roads west ; bat
the second mortgage covers only lines east ol the river at time of organization in 1889, 1,009 miles. As to the Compton deoree ($339,929
with 6 p. 0. from May 1,1888,) see V. 65, p. 926; V. 66, p. 39. Of the
debenture mortgage bonds, $3,500,000 are series A (preferred In respeot
to Interest payments only) and $26,500,000 series B. See stook above.
Interest on) 1890 to 1893. '94. '95. '96. '97 to '99. 1900. 1901.
RR—
;
%
5,000,000
1,000,000
388,500
31,664,000
14,000,000
3,500,000
26,500,000
3,392,000
1,600,000
3,000,000
3,000,000
3,000,000
100,000
100,000
200.C00
1878
1,000
1878 100 Ac.
1888
1,000
1893
1,000
100
1877
1,000
1877
1,000
50
1875
1,000
1900
1,000
1898
65
bum Bayfield A West. RK —M., $535.000, g..
Vermont A: Massachusetts RR.—Road, Fitchburg
Was
Bonds— Princi-
INTEREST OR DIVIDENDS.
Size, or
of
113
g.
&
coup
J. Jan., '89,
pal,
M.
M.
'•A" bonds
6 yearly.
5
1
6
6
The Detroit <t Chicago Extension bonds cover 150 miles, completed
In May, 1893, from Montpelier, Ind., to Clarke Junction. 26 miles,
from Chicago. Mortgage is for $3,500,000; abstract In V. 54, p. 1049.
The Des Moines Division bonds of 1899 ($1,800,000 authorized) cover
96 miles, equipment costing $250,000, etc. 8ee V. 68, p. 574, and advertisement in Chron. March 18, 1899; also V. 69, p. 335, 796, 1248.
(»)
6g.
7
gg.
gg.
g-
7
A
*
Jan.
May
Oot.
Oot.
O. N. Y., Office 195 B'way.
O.
do
do
N. N. Y. Central Trust Co.
A.
do
do
July, 1901, paid 3 p. c.
None ever paid.
N. Y., Central Trust Co.
N.Y.. Contin'l Trust Co.
New York.
ft
M.
M.
M.
&
&
&
do
do
S.
N.
N.Y.,
Office,
195 B'way
Nov.
1.
1,
1941
1915
1908
1903
May
1938
Feb. 1, 1939
July 1, 1938
July 1, 1938
July 1, 1941
Jan. 1, 1988
Mar. 1, 1941
1941
Mar. 1, 1921
1,
1,
1,
May
Nov.
N,
1916
1,
1,
1903
1941
& J. N.Y., Office, 195 B'way July 1, 1908
& A, Boston, Bunk Redemp'n Aug. 1, 1903
N. Y., Nat. Bk. Com.
J. & J.
July 1, 1918
5 g- J. & J. July '94, pd. July 1, '96 Jan. 1, 1928
N.Y., Gr. Cent. Station.
3^
3ifl
do
J. & J
do
Aug. 1, 1917
M. & S
do
do
3^
Aug. 1, 1917
A.15AO N. Y., Del. L. & W. RR Oot.l5,'01,3J«
7
M. & S.
7
do
do
Moh. 1, 1905
do
do
Aug. 1, 200©
3^g. F. & A
In default.
5 g. J & J.
•Ian. 1. 1918
6
,800,000
496,000
908.00C
235,000
J.
8
577,000
304,500
300,000
390,000
330,000
250,000
330,000
1
<T
©•
1,
last pd.
'& N. N. Y.Farm.L. &Tr
Co,
& N. N. Y., Central Trust Co.
&
3 ^g.
I*
Wh nDae.
Slocks— LMt
Dividend.
&
&
&
&
J.
Midland— Sek Southern Railway.
Wabash RR.—3t.L.,K &N.on St. Charles Bridge.g.o
2d
Date
of
Road. Bonds Value.
of tables.
Jiektburg d Meridian— See Ala. & Yi> ksburg.
Tirt*. Sfu-tre it Bac. RR. -1st M. on land, g.Ce.o*
Ticlc. Sh. <* Pac. Ry — Stk. ($2,142,8.0 pf., 5% n.-o.)
..F
General mortgage, $3,500,000
Ce.o*
V. 8. A Pac. RR. prk r Hen niort., gold
virginin
rirainia
1
.
P.
The Toledo <£ Chicago Division 4s of 1901 will be secured by a first
lien on extensions to be constructed from Toledo, O., to Montpelier, 57
miles, and from Fort Wayne, Ind., to Butler, 27 miles, and by a lien
Chicago ext. 5s on the present line from
subject to the Detroit
Montpelier to Chicago, 150 miles. In Jan., 1901, also sold $3,000,000
equipment bonds. A. sinking fund may retire $100,000 equipment
&
bonds annually at 108 for 5 years, then $150,000 for 10 years and
thereafter $200,000.- V. 72, p. 185, 582. 822; V. 73, p. 567.
The stockholders voted on Oot. 8, 1901, to purchase the Omaha
& St. Louis RR Council Bluffs, Ia„ to Pattonsburg, Mo., 145 miles, and
to authorize $3,500,000 gold 3^s to be issued 'hereon, of which at
least $500,000 to be expended for betterments; also to Purchase the
Bo me Co. & Boouville RR., Central' a to Columbia, Mo., 20 miles, and
to guarantee $300,000 four per cent gold bonds thereon, of which
$100,000 to retire the old 7s.- V. 73, p. 3b8, 786.
General Finances.—June 30, 1901, there were bills payable, $645,871. including $180,009 notes payable and $465,861 rolling etock
notes payable monthly to Nov., 1904. (V. 71, p. 440.)
In Jan., 1901,
.
sold $6,0i>0 OOi. bonds; see above.
In April, 1901, a syndicate representing the Gould Interests acquire d
control of the Wheeling* Lake Erie, and In Sept., 1901, contraots
wei e reported let for an extension for the Wabash from Toledo to Pittsburg by an extension of about 60 miles of new line, part trackage, double-tracking the portion which will develop the coal fields in Western
Pi nnsylvania. See map —(V. 72, p. 776, ^74. 1189; V. 73,' p. 186.)
In March, 1898, began running trains into Buffalo, N. Y.. using 246
miles of Grand Trank Ry. under joint trackage agreement. The Wabash
Co will pay the Grand Trunk a rental commencing at $275,000 per
annum, to be increased at the end of every five years by $25,000 a
year, until it reaches $350,000 per annum. Wabash also pay its quota
of cost of operation and maintenance
(V. 66, p. 812.)
Traffic—In 1900-1 carried 8,354,949 tons; grain furnished 2&12 p.
0., bituminous coal 20 47 p.'c; lumber 5 73 p. c, and live stook 4 00 p. e.
Earnings.— 2 mos. >190i
..Gross, $3,238,719; net,
$948,664
Julylto Aug. 31. 51900
Gross, 2,877,423; net,
827,533
Annual Report.— Fiscal year ends June 30. Annual meeting at St.
Louis second Tuesday in September. Report for 1900-01 was given a t
length In Chronicle, V. 73, p. 550, 5c7; editorial, p. 531, showing:
—
1901.
Year ending June 30—
Average mileage
2,367
$17,o54,464
Gross earnings
Maintenance of way
2,335,371
Motive power
3,909,316
Maintenance of cars
1,457,151
Transportation and general
5.050.207
Total oper. expenses
$12,752,0 to
Net earnings
$4,802,419
Per ct. oper. exp. to earn'gs..
(7264)
From rent of tracks, &o
343,836
Total net Income
$5,146,255
Taxes
$586,199
. .
1900.
2,358
$16,440,990
1,896,131
3,605,625
1 ,334,758
5,11 0.902
$11,947,416
$4,493,574
(72-67)
339.522
$4,833,096
$567,327
1899.
2,278
$14,393,974
1,686,363
3,129,737
891.527
4,703,8 47
$10,411,474
$3,982,506
(72-33)
249.811
$4,232,31
567,163
1,496,349
1,129,863
825,717
Int'st on bonds and rentals.
2,760,571
2,715.796
2,691,495
Div. on "A" deb
210,000
210,000
Balance
sur.$93,136 sur.$210,099 sur.$i47,y;j6
Officers.— Chairman of Board, O. D. Ashley; President and General
Manager, Joseph Ramsey Jr.; Treasurer, F. L. O'Leary; Secretary, J.
Otteson.
Directors.— Messrs. O. D. Ashley, Thomas H. Hubbard, Edgar T. Wellea,
Francis Pavy. Joseph Ramsey Jr., George J. Gould, 5. C. Reynolds. John T.
'I'erry, Russell Sage, P. B. Wyckoff, Edwin Gould, Henry K. McHarg aad Cyrne
Track, bridge rent.,
&c
C
J.
Lawrence.
Offlce.-195 Broadway, N.
Y.—V.
72, p. 1239; V. 73, p. 186, 338, 445,
550,567,786.
Warren RR., N. J.—New Hampton June, to Deta. Bridge, W. J.,
18-8 m. Leased in perpetuity to Dela. L. & W. at 7% on stock and Interest
on bonds In July, 1900, $2,000,000 3^8 were authorized to rntire th»
$750,000 first 7s due Oct., 1900, and to provide for the $600,000 oonsols due Mar. 1. 1905, balance being for improvements. See form of
guaranty.— (V. 72, p. 628; V. 72, p. 45, 428.)
Washburn, Wis., to
Bayfield <k Iron River
Iron River, 35 miles, with branches, 30 miles. On Dec. 24, 1898, A.
r
Frost was appointed receiver. Sale w as set for Aug. 20, 1901
T.
73, p. 237; V. 62, p. 187. Year 1899, gross, $.10,652; def. under operating, *10,056.— V. 73, p. 237.
Washington Central Ry.—Owns road, Cheney to Coulee City,
Wash., 108 miles. Reorganization of the Central Washington RB
sold in foreclosure Jan. 19, 1898. Leased In 189» to Northern Pacific
for 999 years at rental sufficient to pay Interest on new 50-year gold
4s, to be issued at $15,000 per mile. (See full particulars V. 66, p.
953.) The Northern Pacific owns the entire $1,000,000 of capital etock
and $282,000 bonds.— (V. 67, p. 127, 691.)
Washbnrn
Washington
RR.—
C
Ry.—
Owns road from Day4c Columbia River
ton, Wash., to Pendleton, Ore., 128 miles; branches, 35 miles; total,
163 miles. Stook is $3,000,000; par, $100. Additional flrat 4s
may be issued for extensions at $20,000 per mile. (V. 61. p. 70.) In
Feb., 1898, the Nor. Pac Ry. purchased the entire capital stook and
all of the Income bonds.
Interest paid on Incomes: In 1 8*<>- -9, $55,006.
Earnings.— Year ending June 30, 1901, gross, $419,965; net (over
taxes), $204,705; int. on let mort, $100,000; lmpts. and lint in
-ii
$56,267; surplus for year, $48,438.— (V. 66, p. 426.)
—
V
144
INVESTORS' SUPPLEMENT.
[Vol. LXX1II.
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116
INVESTORS' SPPPLKTOKWT.
I
Vol. LXXIII.
r
J
October,
.
KAILROAD STOCKS AJSD BONDS.
1901.
subscriber-, will confer a great favor
RAILROADS.
W
first
page of
giving Immediate notice of any error discovered in Ok-m- Tables.
l>»
Date
Size, 01
of
of
Par
10*
ol-tmb. Ril'er— 1st M., $2,500,000, g.F.0*
$2,500,000.
imie bonds, non-ouin
Wu-t J" Fran/:.- 1st M., $225,000, g.\ int. rental.
" gton OModC West'-n
8eeS?ODTHERN RT.
0*
nrLine— 1st
$1,400, 00, g..l ext.
Hester— 1st mort., int. guar. t>y Penu. KK ...
W
R~
Shore RR.— Common stock
sey (t S
Special guaranteed stock (West Jersey KK.)
Vimid & ATI con. M. ($650,000 5s; bal Gscoup.)
West Jersey onsol. inort. ($1,000 is scrip) ..r
o"
>wn ,v 8wedesboro 1st mortgage
1st consol. M., series "A," g.o*
U
0*
B," $1,500,000. gold
We* Shore— 1st M.,gu. p.&i.,end.byN.Y.C.Un.oAr
Pittsh.— Stock, $25,000,000.
W: i Virginia Cental
c
00.000 (V. 52, p. 20 1) :ti p
in. >nt & Ouuiberl'd, 1st M., int. rental, gold.
Ry..lst M.V 71,p.ll66,sru.,g IHetla
c*
Wt.< Virginia •£ Pittsb.— 1st M., gold. Rle
IT
ro. £Aorl Li«e-let mort., $3,000,000
a.;— 1st M., g., gu. by C. Ga. and Ga. KR.C
••>, Maryland—
if1st M. and pref. 2d M. (eud'd).
mort., In return for City of Baltimore stock.
5th mortgage, held by City of Baltimore, sink'g f 'd
of Baltimore loan
mort. in return for Cit of Bait stock text
163
OenFl—1st M..
M
1898 $500Ac
l.ooo
1898
1S05
1,000
i.ooo
1895
1899
1,000
1ST
V
,
W
BOiMti
'riuei
pal, When Due.
1
Amount
Road. Bonds Value.
tables.
g., $15,000 per mlie.K
$2,320,000. Ce..O
, g..
gton
si
Washington County— Ut
NT KK K.ST OR IMVIKKVI.s
per When Where Pays. Die, and
Outstanding Rate
Whom.
('cut.
Payable
I
Miles
ipianation of column headings, &o., see notes
on
117
Ti
$1,538,000
4
12,000
2,500,000
5
2.2 15.0(H)
4
5 g.
.1
1
150,000
g.
g.
g.
Q.—M.
N.
•>>
Div Idend.
York, Kniek.Ti. Co.
Jan.
None paid
.1
A
A
J.
A
J.
A
A
Waycross.Ga audN Y.
Broad St. Stat'n.
Broad St. Stat'n.
1)
do
do
do
do
J.
N.
do
do
N.
do
do
do
do
J.
do
do
J.
i.
i.
Stock *— Last
1,
1948
1948
1935
1935
1939
July
1,
1920
Moli, 1,
an, I,
J. N.Y .Farmers' L.&T.CO. July
July
Payable as earned. See text.
Philadelphia, Pa.
1.
i,
•
M
F
1900
1879
71
5
.
132
29
45
159
GO
132
90
Ba
90
90
....
684,000
Sec text
130.007
100
P'nei.t bonds, payable $3,824 mouthl.s
lsed Links See atatementof each company.
1,000
Washington County Kit.— Owns Washington Junction,
on the
Central Railroad., northeasterly to Calais, Me., 103 miles,
ranch to Eastport, 15 miles, and Princeton, 19 mile-, a total
of 137 mile>. Stuck, common, $1,500,000. The preferred,
Year
'00, 5 p. c. nou-cum., is all owneii bv Wash. County.
gross. $227.1^9; net, $29 99<1; total deduc: June 30, 190
$108,326; bal.. der., $78,330 Frederick W. Whitredge, Pres
v
E. Randall, Treas 59 Will St., New York. -(V. 73, p. 186.)
Washington A Franklin Ry.- Hagerstown.Md., to Quinsonia,
.
;
.
57 miles; was built in 189s and extended from Quinsonia to
5 miles. The line is leased to Western Md. at 5 p. c. on cost
.
o,
$114,000, was increased for improvements authorized in
1001 estimated to cost $78,750 In Aug 1901, made a mort
the K adiug Trust Co
as trustee, to secure $4 75,000 first
itre 5 per cent gold bouds, covering the A tenwald cut-off of the
a Man land— (V. 73, p. 392; V. 72, p. 676 V. 70, p. 478; V. 73,
.
a
,
.
;
Washington
W
A-
Potomac RR.— V. 71, p.
Air- Line
y cross
•
136, 699; V. 73, p. 664
1901, extension under construction from Fitzteraldto CorProjected from Codele to Macon, Ga., 53 miles,
I
rom Waycross to the Atlantic Coast at Brunswick or St. Mary's,
U, about 85 miles
total to be 250 miles.
k. BONDS, Etc.—Capital stock is $1,000,000; issued $501,0 0;
par of shares. +100. Of the bonds $150,000 are prior liens and are subcall after 5 years at 110 and interest.
Balance above $500,00 bonds shown in table above can only be issued at $5,000 per mile
pleted road over 70 miles. For year en ling June 30, 1901 (52
..- mile ••). gro s, $8!, 470; net,
$26,561; interest on bonds, $23,2
balance, surplus, $3,289
Prest., W. G Raoul, 1 Nassau St.,
ork; Sec.W.B Alhertson; Treas., J. E. Wadley; Vice-Pres. &
Gen. Man. Geo. D. Wadley; office. Waycross, Ga. -(Y. 71, p. 544.)
Wellington Grey
Bruce Rj-.-Y. 68, p. 1228; V. 70, p. 1250
•
,
.1,5-8 miles.
;
i
i
.';
A
West Jersey A Sea Shore RR.— (See Map Pennsylvania RR.)
—Owns all the lines of tne Pennsylvania System in Southern New
including line from
Camden, opp. Philadelphia,
to \tlantic City
imden to Cape May, 81 in., etc.; total owned 330 miles.
Organization.— A consolidation in 1896 per plan V. 62, p. 366, 871.
;.— Common stock authorized. $8,076,000, of which the Penn.
RR. held Jan. 1 1901, $1,692,950. V 67, p. 1S8.
ViviDKSm. -On common in 1896,2*3 p.c; in 1897, 5 p. c; 1898,5
c; in 1899, 5 p. c; in 1900, 5 p c; in 1901, 5 p. c.
Boone.—First consolidated mortgage is for $7,000,000, of which in
Jan.. 1901, $1,840,000 are reserved for prior lien bonds when due,
-J.OGO.OOO for improvements, etc., V. 02, p. 1179. Mortgage
e, Commonwealth Title Insur & Trust Co. Philadelphia.
Karmngs.-S mos., <1901
Gross, $2,621,883; net, $782,855
Jan. 1 to Aug. 31.
U900
Gross, 2,481.183; net, 762,255
Report. Report for 1900 -was in V. 72, p. 933.
Years end, Dec. 31.
1900
1899.
1898.
1897.
Gross earnings
$3,490,457 $3,114,192 $2,682,122 $2,550,940
Neteamings
934,276
872,240
591,923
680,176
In 1900, other Income, $23,396 interest on funded debt, rentals,
i^es^ etc 1Dclua,n g $272,88* extraordinary expenditures), $576,615; balance for dividends, $381,057.
Dividends at 5 p. c. on com
b p
m2^ V.69,p. c on s P e cial guaranteed) call for $253,808. -(V. 68, p.
IT*; '??!L
907; V. 70, p. 896; V. 71. p. 234; V. 72, p. 481, 933.)
.
<
-
,
-
-
West Shore RR.— (See Map F. Y. Central dt Hudson River.)— Line
opposite New York City, to Buffalo,
J ^iLtl !? ^eenawken, N. J\, City
i •'^d branches to Albany
and Rochester City, 450 miles;
.
(owned), Syracuse to Earlville, 45 m.; total, 495 m.
iL> to the New York
Successor in 1885
L»
'
.
West Shore & Buffalo, foreclosed.
1885 for 475 y ears t0 tne N« w Y <>rk Central A
»nf^
,?
8
?in oo^noo*^ stock is &c-. Included in that company's report. The
HO.000,000 of
owned by the New York Central Company.
over
Une of
Weehawken to Buffalo,
^hhi'f^i16 5^ d8 .?68 ln the and alf»°road terminals
all
at Weehawken
H £J^ a c^ e8 of 50,,111^ stock and bonds the the Terminal Company.
t a11 the
of
L^°^J„* P ,
Abstract of mort. ln V. 42, p. 176.-(V.
68, p. 332.)
C , ,
railroad and coal
u3n«"n
Vy«Ti ?J?vi f ' ^ althe upBer p
v* p *"*»irg
otomac region-the Elk Garden
.oai ^eld. Owns road in operation
from junction near Piedmont,
On '^ Va
02mUe8 E1Wl19 Junction to Huttonsdill
anCh 8 -i Ik
arQen &c - 13
total owned,
"m
T^ispi pT d- * r?° ^ T?
T
& Cumb RR of which 92 P- c of g tock is
iwLrt" 9^ ™
e
29 m;' ™n
unde ne lease of- lggu, providing for interest on
S,
,
^
U
5per cent 0D $650,000 stock, etc. V. 69,
490. %r?tJ>nJ^J° a^,nile8 In Oot.,
a
at d, 6
1901, the Coal & Iron Ry
J«« iT,H™ ? i ^
\>., whose entire stock is owned
ose
and $1 000 000 bonds are snap.
d
aS h
E1 ln9
Va, lo the Fork^of the G?een
Riv r
^
ab
45 miles to a connection
-. Va
rltl
K'ei nf t°^ fri a ^ C0Vi.- o/roai- Caldwell, completed in July,
Qm -See V 71 p. flfi^'^ Omof guaranty
jui.— see V. 71, ^ 860 and form
p. 1166
T
1 le
mpl d,
889
Dec, 1899, by acquisition
r $2,700,000 capital .£?
f^"oo or7n%t In stock ofetDavis ^ A Coke Co., the Railway Co.
* r?
? Coal
9K
~^ a
ed
^
^^g
-
.
'
>
Ry—A
,!
Wct^m ntZ^^ ^
M
Y^i^
L
SN
^^
;
'
-
-
7
-
^P^^
i
>
W
W
-
-
-
^
t
4
3t«
M.
J
,
S. Phlla.,
S. Phila.,
ct
&
A
A
&
&
A
A
Sept ., 1919
Sep 16/ H,2is
J'nel5 01,3%
July 1, 1911
Nov. 1, 1909
M.
May I, 1912
M.
July 1. 1936
J.
July 1 1936
J.
N. V., Gr. Cent. Station, Jan. 1, 2361
J.
J.
Semi an Cheek from (lo.'s otlice. Sept, 1901, 2
J. & J. N.Y., PirstN. Bk. & Bait. July 1, 1911
P. A \. Bait., Hambleton & Co. Aug. 1, 1J-11
P. A A Balt.,Mcr.Tr ADep.Co. Aug. 1, 1920
A. A O. N.Y.B.AO.Of.,2WallSt. Apr. 1, 1990
J. & J.
July 1, 1651
A. & 0. N.Y. Guaranty Trust Co. Oct. 1. 1918
1890 .V 1895
J. & J.
,T.
A J. Bait. N. Mechanics' Bk. Jan. 1, 1902
do
J. & J.
do
Jan. 1, 1927
do
do
July 1, 1925
J. & J.
Jan 1, 1950
To May 1904
.).
J.
,
,
acquired about 50,000 acres of excellent steamins and coking coal
and nearly 700 coke ovens; 103,852 acres of coal, iron and timber
lands are now owned and 1.764 leased, the mines producing about
5.00;) tons of coal and 1,000 tons of coke daily. In June, 1901, a large
controlling interest in the Railway was held by ex-Senator Henry G.
Davis, his brother, Col. T. B. Davis, Senator S. B. Elkins, and Mr. R.
C.
Kerens of
St. Louis,
Mo.
Stock.—Authorize* \ by law, $25,000,000. The stockholders in
August 1901, voted to increase the outstandiugstock fro u $10,000,000
to $15,000,0 >0, i portion of the new stock to be used to acquire certain coal and other properties connected with tho company's mining
op-rations, and also to purchase the Brixton & Landstreet Co. V. 73,
see V.
p. 392. Of the new stock $1,000,000 was issued in Oct., 1901
73, p. 786. Bills payable June 30, 1901, $1SO,000.
Latest Earnings. -For 2 mos. ending Aug. 31, including coal dept.
Dividends) 1889 to 1894. 1895 to '97. 1398. 1899. 1900. 1901.
(Percent.) J 1 yearly.
1
3*2
2^
1^ yearly.
^a
:
;
)
RR.— Waycross, Oa., to Fitzgerald, 71 miles.
I.
M.
1900
1901
310
310
450
.
g.
5
1,951,350 5 in 1901
104,000
6
V 99,000
5 A 6
750,000
G
6
90,000
4 g.
1,600,000
1,500,000
3's g.
4
50,000,000
1 1 .000.000 3 'a in '01
G g.
3.250,000
50,000
5 g.
1,000,000
5 g.
4,000,000 (5) 4 g.
4
4>3g.
1,543,000
222,000
6
1,000,000
6
1,704,000
34
1881
11
.
5
1879 500 40.
1882
1,000
1,00'
1896
1896
1,000
1885 1 ,000&c
100
1881
1,000
1S86
1 ,000
1900
1,000
1890
1,000
1901
1,000
18*8
1,000
58-'68 500 &C.
1872
1887
70
128
i
.
00 Ac
50
50
.
.
500,000
75,000
1.000
i
In 1900, Mar., 1
p.
p.
c; Sep.,
1^ p. c;
in 1901, Mar., l^v p. c.
;
Sept., 2
o.— V.73,p. 392.
RR
RR.net. Coal, etc, Total net. Charges. Batunce.
$83,949 $98,075 $182,021 $50,960 $131,064
145,540
82,822 114,219
197,041
51,501
Annual Report.— Fiscal year changed to end June 30. The annual
report for 1900-1 was in V. /3, p. 661. Earnings have been:
Gross of
Net over
Other
Interest &
Bal. for
Year.
Railroad.
taxes.
income.
rental*.
div., etc.
1900-01
$1,182,181 $ 33,924 $604,393
$150,750 $867,572
1899-00
1, 06,392
407,083
350,248
256,202
501,129
From surplus above shown in 1900 01, were paid as follows: Betterments, equipment, etc ,$505,191; dividends (3 ^ p. c,), $350,000;
bal., 8ur., $12,331. "Other income" includes profits of Davis Coal &
2 mos.
1901
1900
gross.
$208,876
191,209
Coke Co. ($503,656) and real estate department ($100,742)
Total coal and coke shipments for year 1900-01, 1,82^,433 tons;
in
1899-00, 1,795,894 tons; 1,508,335 tons in 1898-99; 1,353,564 tons in
L*97-*8: 1,219,869 tons in 1896-97; 1,176,372 tons in 1895-96.
Prest H. G. Davis, Elkins, W. Va.— (V. 73, p. 392, 661, 786.)
,
Hf»t Virginia
A
RR.—
Pittsburg
[See Map Bait, dt Ohio.)—
Clarksburg, West Va., to Curtiu, West Va., 112 miles, with branch, 6
miles; also from Weston via Buckhannon to Pickens, 50 miles; total, 168 miles. Leased to reorganized B. & O. for 99f> years from
sept. 1 1899, per plan in V. 67, p. 1310, for tour per cent on the
mortgage, all except $10,000 bonds being stamped with an agreement
reducing the interest from 5 to 4 percentand the B &0. having option
to purchase bonds at par within 5 years on 60 days' notice.— V. 69, p.
439. 646. Com.,$2, 500,000; pref., 5 p.c, $900,000. All owned by B.& O.
Bonds.— First mortgage covers road and its equipment and 134.842
acres of timber, coal and mineral lands in West Virginia.— (V. 71, p. 810.)
,
We*t Virginia Sitort Line RR.- Clarksburg to New MartinsW. Va., 60 miles. Operated from Aug. 1. 1901, as a part of the
B. & O. system. Stock, $3,«'O0,()00, all outstanding. A mortgage to seville,
cure $3,000,000 4
Western
p.
ITIip)
c.
gold bonds authorized in 1901.— (V. 73,
Ry. of Alabama.— Selma
to
p. 238.)
West Point. 132 m.
Georgia RR. and Cent. RR. of Ga. each owns half the $3,000,000 stock.
Dividends) 1894 to 1896. 1897.
1898.
1899.
1900.
1901.
(Per cent.) $
2 yearly.
3
4
5
Jan., 2
Evrnings.— 12 mos.,) 1900-1
Gross, $821,088; net, $286,327
July 1 to June 30.
Gross, 739,745; net, 262,425
S 1899-0
Earnings.— For year ending June 30, 1900, gross, $739,745; net.
$262,426; other income, $12,533; interest, $69,435; dividends, $210,000; taxes, etc., $31,344.— (V. 72, p. 45, 134.)
Western Maryland RR.— Road— Baltimore toWilliamsport.Md.,
etc., 93 miles. Leases— Baltimore <fe Cumberland Valley Railroad and
extension, Edgemont to Shippensburg, Pa., 34 miles Baltimore & Harrisburg Railroad, Emory Grove, Md., to Orrtanna, Pa., 59 miles, and
branches, 6 miles western extension, 15 miles Potomac Valley RR.,
Williamsport to Cherry Run on the B. & O.. 14 miles, and Porters to
York, 17 miles; Washington & Franklin Ry., Hagerstown, Md.. to
Xurabro, Pa., 19 miles; total, 258 miles main line.
Stock, Etc.— Common stock is $684,950 par, $50 6 p. c. tirst preferred stock, $324,000. The company has been largely assisted by the
city of Baltimore, which, Jan. 1, 1901, owned $200,000 of its common
stock, $4,650,785 of its mortgages and $3,877,187 overdue coupons.
Washington County, Md., also in October, 1892, owned $110,000 common and all the $324,000 preferred stock. Of the thirteen director*
the city has appointed wight and the county two. V. 69, p. 1302.
On
April 3, 1901, $336,000 was authorized to be expended by certain of
the leased lines to increase the facilities of the western part of the
system. V. 72, p. 676. Of the $1,875,000 3**a authorized in 1900,
$875,000 only are outstanding, $1,000,000 being reserved to retire the
;
;
;
;
fourth mortgage Jan. 1, 1902.
From July 1, IPOO, to Oct.
paid.— V. 71, p. 31.
1.
1901, interest on
;
all
city loans
wu
Proposition to Purchase.—Various propositions have been made
andin Oct 1901, the question of selliug
to purchase the city's holdings,
was being much
discussed.
.
148
INVESTORS' SUPPLEMENT.
IVOL.LXXIIL
sub»<rlb«-m will confer a {treat favor by giving Immediate notice of any error discovered In these Table*.
Bonds— PrinciRA1LROAD8.
INTEREST OR DIVIDENDS.
Miles! Date 81»e, or
Doe,
Amount Rate per When Where Payable, and by pal. WhenLast
of
of
Par
Stocks—
For explanation of column headings, Ac, see notes
Outstanding
Road. Bonds Value.
on first page of tables.
Cent.
Payable
Whom.
Dividend.
1
n.iiC£
Western N. Y. d Pennsylvania— 8took tsee text)
West. N. Y. A P. 1st M., ($10,000,000), gold. »Ie.o
General M.. $10,000,000, gold, see text-1'n....o*
Income bonds, $10,000,000, gold, non-oum. FPe*
Equip.notes, lnol. int, ( V.71 .p. 106-1) J une 30,11.00
Western Sorih Carolina See southern Rv.
Western Penn.—Stock, lease rental
Consol. M. ($5.000,000), gold, guar. p. Al.Pa.RR.O"
Wheeling d Lake Erie—Com. stock. $20,000.000...
1st pref. stock, 4 p. c, non-oum $5,000,000
2d pref. stock, 4 p. c., non-oum., $12,000,000
588
588
588
1st M., Lake E. Div.,BowerstontoL. E., g. »le..o*
1st M. Wbeel'g Dlv., $ A £ (2d on 187 m.)g.Ce.o*
Toledo Belt Railway 1st mortgage, gold
Exten. and Impr. mort. ($1,900,000), gold. Ce..o*
1st consol. mortgage, gold, $1 \000.600 Me. .0*
Car trusts. Mar.ai. 1901, pay'blemo'ly and qu'ly.
Whee inu IVrmw.oJ— 1st M .$2,000,000, g., s. f. c&r
While* hfk hiv.Val. lstM.$80O,< OO.g..int.gu F.o*
187
50
1886
1888
5
188S
1889
1899
$50 $20,000,000
1,000
1,000
1.000
9,990,000
10,000.000
10,000.000
258,195
5
50
137
1887
1895
1895
1888
1,000
1,775,000
4,000,000
20,000,000
4,135,600
11,567.800
2,000,000
894,000
6
4
100
100
100
,
260
451
.
T6
67
While Pat* 4 Yukon— Stock £1,700.000
Consol. 1st mort. deben stock, red. after 1920.
Mortgage debentures (navigation bonds) red
112
1900
1900
1,000
1,000
1,000
1,000
1,000
est.
and equip,
(
notes.. )
£
4
1,500,000
50
New
Taxes
fnt. on real
8\000
343,000
10,211.000
4*2,041
J.
g
J.
-
M.
g>
g.
F.
M.
-
500,000
500,000
500.000
1,000
1,000
In V. 72, p. 479.
Bal.,
Div.on
Interest,
Net
Gross
surp.
rents, dc. B.dHpref.
earnings,
earnings,
Seat. 30.
$234,449
$3,043
$1,823,741 $670,529 $433,037
1900
80,131
449.145
3,043
532.319
1.608,347
1899
392.)
-(V. 72, p. 1$8, 340, 479, 676, 1081; V. 73, p. 33,
York ic Pennsylvania Ry.—Owns Buffalo to
Western
Emporium, Pa., 121 miles; Buffalo to Oil City, Pa., 136 miles; Oil City to
Olean, 110 miles; Roohester to Hinsdale, 99 miles; Stoneboro to Mahoningtown 38 miles; branches, including proprietary lines, 84 miles;
total owned, 588 miles, of whlohl4are narrow gauge; leases, 45 miles.
Organization.— Reorganization March 18, 1895 (per plan in Supplement of January, 1895), of the Railroad, foreclosed Feb. 5, 1895.
In 1900, the Pennsylvania RR. purchased $19,402,686 of the stock
r ond,
and
at $9 per share, *9,123,576 income bonds at $300 per
on Aug 1, li'OO, took the road over under lease, together with
the Allegheny Valley RR., with which it may later be consolidated.—
V. 71, p. 31, 85. See full statement, V. 70, p 843, 1096, 1150.
Bonds.— Abstract of Western N. Y. & Pa. 1st mortgage in V. 47, p.
109. The general mortgage carried interest till April 1, 1897, at 2 per
cent, then till 1901 at 3 per cent and now at 4 per cent. On June
30, 1899, $159,000 general mortgage bonds and $395,000 Income
bonds were In the treasury.
Annual Report.— Report for 1899-00 was given in V. 71, p. 1064.
1899.
1900.
1901.
Years ending June 30.
$4,074,517 $3,803,587 $3,291,412
Gross earnings
914.072
1.018.466
429,122
Net earnings...
27,768
24,265
7,090
Other Income
450,865
A.
g.
N. Y.. Continental Tr.
do
Jan. 1, 1937
Apr. 1, 1948
Apr. 1, 1948
do
Office— When earned.
&
A
Philadelphia, Pa.
Oct. 15701,8
O.
D. Phlla.,Broad St. Station June 1, 19T
&
&
A
&
&
&
O. N. Y., Mercantile Trust Oct 1, 1926
July 1, 1928
N. Y., Central Trust,
J.
1,000
Tear end.
$436,212
499,500
1.
A.
A.
2
i',000
Annual Report.— Statement for 1899-0 was
Net Income
O,
Nov.
KK-
J.
Part each year
do
Feb. 1, 1930
do
S. N. Y., Mercantile Trust Sept 1, 1949
To May, 19( 6
Aug 1, 1940
Office. Pittsburg.
A.
J. N. Y., First Natfl Bank June 90, 1980
8.
A.
do
do
F.
£ g J. A
600,000
5 g£10 £1.375 000 See text. See text
1900 £10, Ao
£715,000
do
5
J. A J.
1901
£2 5,555
J. A J.
6
1890 $1,000
3 (5) J. A J. N. Y. Mercantile Trust.
$769,000
Wicnita vol.— 1st M.,lnt. red. to 3<\>for5yrs.g.o"&r
"si
Wilkesoarre d Eastern— See N. Y. Srsq. & West.
5
Wilkesoarre d aeranton— Stock, 5 per cent rental..
5 1888
First mortgage gold, guar. p.Al. by L. C. & N. Co.
45 1901
WUliamspori d No. Br.— 1st M., $7*0,000 g.FP.O*
WUm. Colum. d Aug.— See ATLANTIC COAST LINK CO. OF S. C.
Wiltmar d Bioux Fulls-See Great Northern.
:nterest charges on 1st mortgages.
Int. on gen. mtg. (see above)
)
4
5
&
A
J.
$938,337 $1,046,234
$499,500
$499,500
297,615
294,037
115.117
107,190
35,985
20,148
See text.
Deo. 31, 1930
Jan. 1, 1911
July 1, 1940
Deo. 31 Phila., 108 80. 4th St. Deo. 31, '00, 5%
May 1, 1938
& N.
do
do
& J. Phila.,Fid.I.,Tr.AS.D. Jmiy 1, 1931
5
4>*g. M.
4>sg. J.
on account of purchase of Coshocton A Southern RR and $680,000,.
together with $1,000,000 oomm n stoou, to be used in coastructirg
extension from Adena, O.. to Bellaire and Martin's Ferry. 86 miles.
Bonds.- The mortgage of 1899 secures $15,000,000 gold 4s. of which
$6.400,< 00 to refund or retire existing bonded debt, $3,850 000 for
the Cleveland Canton A Southern and Cleveland Belt ATena., $1,750,000 to retire equipment trusts, extensions and impro ements, and $3,000,000 to be reserved in the treasury. V. 6-i. p, 1027; V. 69, p 29.
Under the consol. mortgage, all underlying bonds, as exchanged, muet
>
be canceled
(V.71. p. 391; V. 70. p. 896. 998.) See application tollistuew securities V. 71, p 34 542. Early in 901 *1 529,000 first
consols were Issued, mostly for Improvements. —V. 72. p. 534, 628.
Latest Earn's.—7 mos. ) 1900-1.. Gross, $1,782.266 net. $581,077
July 1 to Jan. 31.
$1 899-0.. Gross, 1,544,742; net. 486,160
For 9 months ending Mar. 31. 1901. net $718,081, against $586 483
In 1899-0, charges. $560,004; bal., sur. $158,077.
Report.— Report for the year ending June 30. 1908, Including
former Clevel'd Canton A South'n from Aug. 14, 1 899. was la V. 71, p.
542. In 1899-00, of 3,889,»51 tons of freight carried, oituminous coal
furnished 44-10 per cent; coke, ores, stone, sand, etc., 20*38 per cent;
manufactures. 18'77 per cent; products of agriculture, 686 per cent;
lumber, b' 1 1 per oent; balance, miscellaneous.
Oth. inc. Int , tax., etc. Pal., sur.
Net.
Gross.
Yr.ar—
$20(5,234
$598,867
1899-1 900... $2,670,024 $765,031 $40,070
Directors.— George J. Gould, Edwin Gould, Cyrus J. Lawreuoe,
WIqsIow 8. Pierce. Al?in W. Krech.and W. E. Connor, of New Yo>k;
Joseph Ramsey Jr.. of St. L>uis; Myron T. Herriok, George A. Gatretson, E. W. Oglebay, H. P. Mcintosh, Robert Blickensderfer, Dan. R.
Hanna and William G. Mather of Cleveland, and C. M. Spitzer of
Toledo. O.
Officers.— Chairman of Board, Myron T Herrick; President, Joseph
B. Henson, New
Ramsey Jr.; V.P., A. W. Krech; Treasurer,
York; Sec'y, J. H. Dowland. Cleveland— (V. 72, p 874, 9^7.)
;
H
While
de
Rlack River Valley RR.— Brinkley to
Jacksonport,
Leased for 80 years from July 1, 1900. to the Chootaw
t'klahoma* Gulf RR. for guaranty ot interest, Indorsed n bjnds.
Stock authorized, *1,875.000; paid in, $323,000. Of the $600,000
bonds outstanding, $ 00,0" have coupons cut off for the first ten years
and $200,000 are reserved for extension from Jacksonport to Batss
Ark 67 miles
,
df.$514,151
Balance, surplus
$17,462
$98,017
339, 343. 544, 1084; V. 72, p. 138.)
Western Pennsylvania BR.—Owns from Bolivar to Butler, 71
miles, and Butler Junction to Allegheny City, 27 miles, double track;
-TV. 71,
p.
31, 85, 136, 183,
branch. 42 miles; total, 140 miles. New lease of Jan. 1, 1897, to Pennsylvania RR. In place of lease of 1888 provides for fixed rental insuring 6 per cent dividends per an. Earnings.— In 1900 rental,*300,103;
expenses and taxes, $33,603; interest, $160,000; oalance, $106,500,
being 6 p. 0. dividend. Penn. RR. owns the $1,775,000 stook.
Wheeling Terminal Railway.— Owns a railway bridge at
Wheeling, W. Va., completed in 1891, and about 10 miles of terminal
track, connecting various RRs. A reorganization of the Wheeling
Bridge & Terminal Ry., purchased at foreclosure sale on May 27,
1900? In the merest of the Pennsylvania RR. 8tock.-$2.000.000.
500 00 are re erved for
all outstanding: par $100. Of the bonds
additions and Improvements; mortgage trustee, Commercial Trust
Co. of Phila For 6 mos. to Dec. 31, 1900, gross, $83,743; net, $47,B. Liggett; Treas.. T. H. B.
Pre*., Joseph Wood; Seo., 8
805.
McKnlght.— (V. 70, p. 1096, 1197, 1292.)
'
Wheeling
A.
—
Lake Erie RR.— (See Map.)—The
Uiles.
Lines owned.
Toledo, O. to Martin's Ferry .217
14^
Cleveland to Zanesvllle, O
46
Canton to Sherrodsville
5
Toledo Belt Line
system includes:
Miles.
Cleveland Belt
A
Branches owned
Branches leased
Terminal
6
32
14
465
Total
voted May 1, 1901, to purchase or lease the Aden a
The stockholders
RR under construction from Auena, O., to Bellaire and Maitin's
Ferr> opposite Wheeling. W. Va., 26 miles (see V. 72. p. 534), and the
Zanesvllle Belt Terminal Railway, or the aiding of said companies or
elthT of them; also to construct a branch line from Fuller's Station in
Cai roll County, O., to Craig's Stone Quarry. V. 72. p. 676. An extension Is under con(-trucii< n from Jewett O.,to 8teubenvllle, 60 miles,
under the charter of the Pittsburg Carnegie A Western Ry., whence
trackage rights have been secured ver an existing line to Pittsburg. V. 72, p. 874, 11^9; V. 73, p. 186.
History.— Successor May 1, l*-99,per plan in V. 66, p. 1142, of W.A
L E Railway, sold in Feb., under foreclosure of consol. mortgage,
subject to underlying 1st mortgages. V. 68, p. 830. In April. 1901.
a syndicate controlled by the Oould interest* acquired oontrol.throu/h
purobase of th- common stock In the open market, and the road will
be allied with the Wabash, although as a separate property. V. 72, p.
723, 7 76,874.
The Cleveland Sc Canton and the Cleveland Belt A Terminal were acquired by purchase in August, 1899. and the Coshocton A Southern,
Coshocton to Zanesvllle, O., 29 miles was purchased and put in
operation July 1. 1P00. - V. 70, p 5<1, 632, 843. See V 71. p. 542.
Coal
Owns majority of the stock of the Pitts. Wheeling A Lake Erie 741. Co.,
leased In 1900 for ten years to other parties.— V. 70, p. 799,
Stock.— The stock was Increased as above in June, 1899. V. 68, p.
1027; V. 69, p. 29. In March, 1901, $400,000 second preferred issued
•
1
ville.-V. 72, p. 189.
Yukon
Ry.—To own a narrow-gauge line 312
Wbite Pass X
miles in lenirth. extending from Skaguay Harbor, Alaska, to Fort Selkirk, on the Yukon. Also projected from Fort Selkirk, 125 or 150
miles, to Dawson, and to Atlin gold fields, etc. Of this, Skaguay to
Lake Bennett, at the head of navigation on the Yukon Ry., 43 miles,
completed in July, 1899, and 71 miles from Bennett to White Horse
In
opened Aug. 15, 1900. V. 69, p. 335; V. 67. p. 1162. 1138.
Feb., 1901. purchased control of the Canadian Development Co., operating steamers on Lake Bennett and the Yukon River between White
Horse and Dawson City. V. 72 p. 392; V. 73, p. 443.
Organization.— Incorporated under English Companies Act.
Securities.— Capital stock authorized, £1.700.000 as increased in
Mar.. 1901. Of the £700,000 new stock, £255,555 will be reserved
to retire a like amount of debentures issuea to the Canadian Development Co. in payment of their fleet, good will. etc. V. 72, p. 582 The
debentures issued to Canadian Development Co. are a first charge on
the fleet and a second charge on the securities of the loaal railway
companies.
.
. ^
, , nnni*
.
The consolidated 1st mortgage 5 p. c. debenture stook of 1900
secured by a first mortgage on the £'52,073 bondn
a £750,000 issue,
and the entire stock of the local companies owning the railway. It
was created to convert into one seem ity all the £460,830 old debenture stock, to provide cash to pay for the second portion of the railway
and for capital purposes.
Dividends.— First cash dividend of 5 per cent paid Mar. 22, 1901,
and also in August a 25 per cent stock dividend, the t» o together rep
jmi
resenting the profits of the first three years to Jnne 30, 1901,
about 10 per oent was expected to be paid in the fall of 1901.— V. i<>,
1
(
p. ;<92.
Rkport for year ending June 30. 1901, was in V. 73, p. 41^, showing
net nroflt above interest on debentures and debenture stock, £2bi,»:>».
brought forward from last year, £83,315; total, £3i4,:-(73; dividend
c), repre(5 p. c.) paid Mar. 22, 1901, £50,000; stook dividend (25 p.
£19,d7rf
senting earnings used for improvements. £275,000; bal.. sur..
Graves, 1016 Chamber of Commerce Building, Chicago.
Pres.,8. H.
Ill
;
Sec,
F. C. Elliott. Treas.,
John W. Probert.— (V. 71,
1221; V. 72, p. 392, 582: V. 73, p. 339, 392,
p. 136, libs,
44 3.
Wlcblta Valley.—Owns from Wichita Falls to 8eymour, Tex.. 51
Stock. $6,000,000; outstanding,
miles; completed in Sept., 1890.
cent to
$1,020,000; par, $100. In 1898 Interest was scaled to 3 per
«w,
July 1. 1902, inclusive. Land and Income notes (6s). $ 123.61 7. v.
charges.$29,818;bal.,
p. 224. Year 1900, gross, $63,730; net, $33,935;
sur. $4,1 16.
Wllkesbarre Scranton Ry.— (See Map Central BR. of N.J.)
ii
miles,
Owns from Scranton to Minooka Junction, Pa., 5 Lehigh of wbiobN»^
Coal.
miles is double track. Leased from May 1, 1888, to
&
*
October,
1901.]
RAILROAD STOCKS AND BONDS.
149
I,M>
I
N V ESTv
SUPPLEMENT.
>BS'
[Vol LXXIII
Subacrlban will rotifer a srreat favor by »-iviii£ Immediate notice oliuiy error discovered in thee Tabic.
Bonds— PrinciINTEREST OR DIVIDENDS.
RAILROADS
MIlea Date BJae m
pal, When Due.
of
Rate Per When Where Payable, and by Slocks— Last
Par
dumn headings, Ac, see notes of
,•,',,..,„ ,i-..,
outstanding
.
F
on
first
Road. Bonds Value,
page of tables.
1st M..eall iu 1907, int. guar r
10.000. e. p.A i. gu., end PeP.r
yearly. V. 66, i>. 950
v
vntic Co 1ST I. in
fridge— 1st M.,gold,s.f..r*d.at 110 aft. '98
* 1.000,000, rei.— 1st M
1
&
1887
1892
1897
1.000
1,000
$354,000
406.000
46,000
1890
1,000
384,000
5 g
M.
&
S. N.
190'
88
88
>
1
$500
Whom.
Payable
Cent.
100 Ac.
Plan.
10"
100
531,800
5
g.
J.
&
J. Phila.,
4
g.
J.
5
5
5
J.
g.
<lo
Q.-F.
ERR.
lo3
P.
1907-1927
Read'g Term*].
Phila.,
1).
Q.-
Dividends.
Aug. 1, 1932
1902-1906
(Id
First N. Bk., Wilm.,Del.
Walker & Son.
Sept.
1,
1915
Real Estate Tr.
July
1,
1931
N.Y., Mait.,Copp.ACo.
July
Jan.
Y., J.
.
ntable ater lo years at 105
'r,t!
C.
stock,
t
Railway
i
- ::
Woo-
$27,000,000
I*
54
216
•
•
res
many.
do
do
do
|
•to
I
.000
.0'
1890
1,000
1,000
1886
1893
1890
1895
1,000
1,000
1.000
1,000
100
(see "Miscellaneous Companies") during corporate existence
one year, at $47,500 per annum ami taxes. Lease assigned tc
>f N. J. at 6 per cent on cost of road ($1,065,000) and taxes
L high Coal A- Nav. Co. holds all the stock.
C
776,000
604.000
664,500
951,000
3, "60.000
100,000
3,099,800
150,000
511.000
735,000
380,000
1879 500 Ac.
1895
1,000
94
47
47
47
47
do
do
do
1
9
—
do
do
D00
11,267,200
24,635,000
500,000
4 0,000
1,000
1,000
I.
33
Paeijie -l.-tM. (see text). gold. IWe.c*
/*((.<(.
1st M., int. gn. City of Woon.c
Nashua a Rochester- 8took ($3,600,000)..
Wor. Nashua <& Roch. RR. bonds... O*
.-
1885
1882
16,168, Q 00
1,000
1,000
122
66
416
M
-
Under
1899
1900
1901
VI
M., g., subj. to call at 105 after 1910.
E.dlv. 1st
,g .subj. to call at 105.1 a
;
•
IT
SUED
lEBLTING SECTTBITIE8 HOT EXCHANGED.
-in .v Minn. 1st mortgage, gold... o'
v. A lake Win. 1st mortgage, gold
o*
cent. KK. consol. M.. 1st series, gold
OAr
Mich.— 1st M.,c., $15,000 p.m.
A
-
K
«"
Is
,500,000
per cent non-oum., $ 12,500,000...
M..gold
Bb A
o'
SECURITIES TO BE
!ai\,
.
le-s
;
miles; leases Eagles' .Mere RR.,
5
common, $925,362; preferred, $400,The 4Hs of 1901 cover the road and 3.000 acres of
Sullivan Co., P-i., $250,000 being reserved for exten
lands In
-.
The old 5s were canceled.— V. 72, p. 990, 1280. Year ending
30, 1901. gross. $11^,278; net. $39,576; interest on bonds, $22,500. baL, surplus $17,576. In 1899-00, gross, $109,209; net, $35,000.
President, P. H. Welch, HughesviPc. Pa.; Sec. and Treas., H. C. Adams,
(V. 71, p. 603; V. 72, p. 676,990, 1281 )
N
See Atlantic Coast Line RR. of S. C.
Wii. Col. A Vuij.
k (authorized, $2,000,000)
-
-
0.
Y—
KK.—
Wilmington A Northern KK.— Owns
Wilmington,
Wilmington A Weldon KK.— See Atlantic Coast Line
Krid:;e Rail way.— Owns bridge between
RR.
Winona,
and Buffalo, Wis., 1-03 mile, opened Sept. 1. 1891. Leased to
W-.nona A Western, Green Bay Winona A St. Paul and Chicago
B irL A No. for 30 years. Stock. -$400,000; par, $100. Year ending
Winona
.
30, 1901, eross, $20,152; net $16,550; charges. $19,604; baL,
.$3,051. Iu 1899-00. gross, $21.S87; net, >17.1£0
•
d
Winona A Western Ky.— On
(
&
Pacific Ry.
-
Sept. 12,1901, sold to
V. 73, p. 617.
Wisconsin
RR.—
ti
\\,,, ,,» t UalervilIcA l-"a rin i ii<j » o n
Wise-asset, Me.,
Albion,
2-foot gauge); also partially constructed from
Waterrille west through Oakland and New Sharon to Farmlng-
A
consolidation in 1901 under special act of the Maine Legislature
v Quebec BB. (see V. 71, p. 603; V. 69, p. 233; V. 66,
p 1S5), Waterrille A Wiscasset RR. and Frantlln Somerset & Kenuc— V. 73, p 392. Sto k autiorized, $1,000,0 0; par of shares,
.:
The Real Estate Trust Co of Philadelphia is mortgage tru
Atwood, Bullitt Bldg., Phila., Pa.;Treis., Jost, Leonard
V 73, p. 392.
Wisconsin Central Railway.— (See ifup)— System extends
Chicago to Ashland, Wis., and Lake Superior iron mines, also to
By the extension to Manitowoc and the car
St. Paul and Minneapolis.
Lake Michigan, connects with the Pere Marquette and has
V. 63, p. 117. The system includes:
rt line to the Bast.
Lines owned.
Miles.
Unet owned.
Miles.
—
—
—
W
Trout Brook Jet..
•-ford to Ashland, Wis.. 133
to
I
Branch
U
3
-r
t<>
!-
1
Point to Portage City. 71
irield to
44
33
NVkotsa
Other branches
49
trackage to Chic, Minn., etc
Rugby to Milwaukee, etc
29
Spurs to industries (76 miles
unop rated)
178
total (inch spins operated 102 miles and unop. 76 m).. .1.059
Organization-.— Successor July 18, 1899, of Wisconsin Central
Co. after foreclosure per plan V. 68, p 725; has acquired by deed all
V. 6
p. 29, 83, 133. 1H2.
Uses 111 Cent terminals
V. 69, p. 1249; V. 71, p. 647. Sec application in full to list
In Chicago
titles.—V. 70, p. 433.
8TOCK— Yotin'O TBTJST.—Both classes of stock are vested in the voting trustees, Uerall L. Hoyt, John Crosby Brown, William L. Bull,
>
T. (iate* and Francis K. Hart, for tlve years. The voting trustees
may, however, deliver the -tock al any earlier dale. After 1 per cent
dividends on both common and preferred shall have been paid in any
year both shall participate equally in any further dividends for such
fear. After the termination of the voting trust the preferred Is to
the right to elect a majority of the directors whenever for two
•
dividend l upon the. preferred at the rate, of 4 percent
iriTiuin shall not have been paid in c.
Grand
,
'.
—
Bo5DS^ The new 1st gen. gold 4s ($27,000,000 authorized; are
secured by a mortgage upon all the hues of railway, termina s, equip
ment and other property a quired thereby, and also by deposit of all
rities owned or acquired under the. plan; In Mar., 1901, $2,255,000
were levelled to retire underlying bonds still outstanding, and about
fl 10,000 remained available for betterments, purchase of equipIn M
ortvage on Min
.Minneapolis Trust Co., as trustee, to secure
arid in May, 1901, on the, Marshfleld A
§500.00
Marshfleld to Nekoosa, 33 miles.—V. 70, p 890; V.
,
:
•"^ERvt.
new
Fin »sces.— The reorganization provided $5,060,257 for
equipme.ut, Impt
A-
M. &
8.
6
6 g.
5 g.
.1.
J.
6
4
g.
g.
5
5*
A.
in '01 J.
4
A
A
&
A A
J.
J.
4
4
J.
J.
J.
4
A.
do
&
&
&
A
O. R. I.
J. Bos.,
&
0.
J.
J.
J.
$908,000 additional
making
the total
do
See Text.
York.
Hos. Tr. Co. Prov.
first
1949
1950
1951
1,
1,
Men
July-
New
O.
1,
1,
1,
May
A Co.
N.Y., Mait.,Copp.
J.
J.
&
do
do
do
do
1916
1912
Jan. 1, 1909
Jan. 1, 1945
1950
1910
Am. Loan ATr.Co July 1 ,'01,2%
do
do
July 1, 1906
do
do
Jan. 1, 1913
do
do
Jan. 1, 1930
do
do
Oct. 1. 1934
Oct.
Oct.
1,
1,
consols issued for improvemi nts,
amount outstanding, $<M,6.J5,00i)
V. 72,
Earnings.— For 2 months ending Aug
2
inos.
—
dross.
Net.
31:
Oth. inc.
Intirest, etc.
Bal.,8W.
$419,104
80
$1,077,628
$281 985
$137,198
1900
911,123
344,699
$2,567
271,169
76,096
Report —Report for year ending June 30, 1900. at length, was in
V. 91. p. 801. fell; see also edit p 7»2
Of the total freight traffic in
1899-0, 37 p. c. was iron ore and 20 per cent lumber and forest products Average rate per ton mile iu 1399-0, 7*31 mills, against 974
mills in 1S93-4
Statement for 1900-01 was in V. 73, p. 720.
1901
,
1900 01.
1^99 00.
1898-99.
1897 98.
Gross earnings
$5,324,274 $5,637,416 $5.118,01R $4,939,725
Operating expenses... 3,446,463 3,580.936 3,057,489 3,020,807
Del., to
H:,-as Junction, Pa., 71 miles; branches, 17 miles; total owned, 88
rackage to Reading, Pa., etc., 4 miles. Also controls by owne-ship of majority of capital stock the Wesh hest( r Electric Ry, 5'57
-.
General mort. bonds are reserved to retire first mort at maturity.
k authorize'!, $1,500,000; outstanding, $1,278,050; par, $50. The
Reading Ry. owns practically 'he entire capital stock, winch
i. A
•visited under Its oollat* ral trust mortgage, and leases the road for
vears from Feb. 1, 1900, for interest on $750,000 bonds and 3 >s
payable quarterly (Q-F-15). V 70. p. 127, 998; V.
?. c. dtv. on -tock,
No report -nice lt-98, in V. Gv, p 1021. (V. 72, p. 340.)
1, p 75-
i
,
l.
N.
M
•
Williamson A Nortu Branch KK.— Hall's
to Satterfeld, Pa.,
8 miles; total, 53 miles.
1901
vere listed,
628.
A
.1.
&
I.
3*sg.
4 8.
anization. etc.
In
Net earnings
Total net income
$1,857,811 $2,056,480 $2,060,529 $1,918,918
$1,878,731 $2,061,758
New company took
Fixed char .taxes, etc. 1,632,614 1,571,843
possession
July 18, 1899.
Sur. for the 12 mos. of. $246,117
$492,915
Directors— E. W. Sheldon, John Crosby Brown, William L. Bull,
Fred. T. Gates, Gerald L. Hoyt James C. Colgate and Joseph 8 Dale.
New York: Francis R. Hart, Boston; Henry F.Whit'omb and Howard
Morris of Milwaukee; William F. Vilas, Madison, Wis
Officers Chairman of the Board, Wm. L. Hull; Pr> sident, Henry
F Whitcomb. Milwaukee Comptroller and Auditor, Robert Toombs.
Milwaukee: Treasurer, William R. Hancock. Milwaukee. Office, 24
Exchange Place, New York.— (V. 72, p. 1239; V. 73, p. " 2<>, 786.t
Wisconsin A tllclii^ su Ry.— Owns from Faithorn Junction, Mich., on Minneapolis St. Paul & Sault Ste Marie Railway, to
Peshtii?o, Wise., 49 miles, with branch, 5 miles. Opened for traffic Jan.
1. 1895.
From Peshtigo cars are taken by Lake Michigan Car Ferry
Transportation Co. to Chicago. Stock authorzed and issued, $951,500; par value, $100; equipment trusts (June 30, 183 <) $118,526;
other unfunded debt, $3i8,028. In Jan., 1901. two coujon
it was
stated, were in default. A plan to scale the rate, of iuterest ad been
propo-ed, but no result ha been reached in Julv, 1901. In 1899 00,
gross, $115,287; net, $8,1 33; charges, $48,443. Pies., C. H Bosworth,
,
f
i
Chicago.— (V. 66,
p. 185.)
RK.—
'TliniieMot
A Pa<-lfle
Red Wing, Minn., to
Mankito, 95*7 miles; Red Wing to Zumbrota, Minn., 25 in.; branch to
Clny Banks, 3 m.; Winona, Minn to Osage. la., 115 m.; Simpson,
Minn., to Rochester. Minn., 7*5 m.; total, 24«-2 miles.* The a' ove mileage includes the Duluth, Red Wing A- Southern Ry.,28 miles, purchased
July 1, 1901, and the Winona A- Western Ry., 115 miles, acquired Sept.
12, 1901, a 27-mile connecting line, to be built between the two
acquired lines. Stock, $2,000,000, all owned by the Chicago Great
Western Ry., whicli company operates the road as a part of its system
under an agreement dated Apr 1, 1901,ru ning tor 100 years, providing that all net earnings above, iuterest on bonds shall' go to the
Creat Western, the accounts of this road to be kept separately.— V. 73,
p. 566.
Report.— The, combined earnings of the roads constituting the present mileage (246 miles), while operated separately, for the yearending
June 30, 1900, were: Gross, $534,636; net earnings (over taxes),
WUcotiMin
,
$212,015.
WlHConfclii W. -uteri! RR.— Owns from Wauzeka, Crawlord Co.,
La Farge, Wis., 5 "7 miles. Incorporated in Dec, 1899, as successor of the Kickapoo Valley & Northern RR., foreclosed. V. 69, p,
No bonds had been authorized
1148. Stock authorized, $600,000.
Dec. 31, 1899. From Nov. 24, 1899, to June 30, 190", gross, $25,507;
def. under oper.. $5,148. President, Horace A. J. Upham; V. P., Wm.
E. Black; Sec, Charles E. McClure; Treas., Charles W. Norrls. Office,
Old Ins. Bldg., Milwaukee, Wis.— (V. 69, p. 1148.)
Woonsoeket & Pancoag RR.—Owns road from Woonsocket,
R. L, to Harrlsville, 9 miles. Incorporated 1889. Leased to N. Y. A
New England, but in July, 1896, the New England RR. purchased the
entire capital stock— see V. 63, p. 698. Stock, $200,000; par, $100.
Worcester Nashua A Rocliewter RR.—Owns from Worcester
via Nashua to Rochester, 94 miles. Leased for 50 years from Jan. 1,
1886, to the Boston & Maine; rental $250,000 and taxes.
to
Divii>i;ni>s-
1
>
1887-93.
6 yearly
'94.
'95.
'96.
'97.
'98.
'99.
'00.
5
5
5U iht 4
Total profit and loss deficit June 30, 1901. $346,796 Current
ties July 1, 1901, $70,000. — (V. 60, p. 749; V. 71, p. 1271.)
Percent
>
5
5
1901.
5%
liabili-
Wriulii *vill A Teanllle RR.— Tennille, Ga.. to Hawklnsville
76 miles, of which Dublin to Hawklnsville, Oa., 40 miles, was former
Oconee A Western RR., merged Feb. 1,18)9. V. 69, p. 189. Stock,
common, $230,000; preferred, $70,000. Par of shares $25. Cent, of
Ga. Ry. owns all the preferred and *104,300 of the common stock.
Dividends (J.A-.T.) were paid on both stocks at rate of 7p c; 1900, Jan.,
3 p. c; June 20, 1900, 4 p. o.; Dec. 21, 3>«i p. c; 1901, June 22, 3 p. C.
For year to June 30, 1900, gross, $D;9,492, net $55,552; taxes, *6,823; div (7 p. ft). $21,000; other deductions, $22, 138; baL, $5,291.
Pres., A. F. Daly, Tennille, Ga —(V. 68, p. 18.)
York Southern
See Marj land A Pennsylvania RR.
RR.—
/;iiii-nlic
A Ohio River Ry.— See Ohio &
Little
Kanawha Ry
October,
1901.
RAILKOAD STOCKS AND BONDS.
1.51
MISCELLANEOUS COMPANIES.
The following pages (No& 158 to 16^ contain the leading Industrial companies. Some additional statements will be
found OB pages 170 and i71. while various gas companies are on page 17-', and an index to still other industrials is on page 171.
K LIGNEOUS.
Date
Size, or
of
Par
For explanation of column headings, &c, see notes on
Bonds Value.
first page of tables.
Adam*
—Stock
000
7%. cum (as to ftjweta .* dlv.>, $25,000,000, text.
A malgamat'd Copper—Stock, $1 55,000,000
Amer. Aglitml. Chemical Co.—Stock, com.. *20.000,000.
Pref. 6 p. ct. cum. (u to assets and div.) $'20,000,000..
Am-ncm 4/AuU-Stock, common, $.'4,000.000
Preferred. 6 p.c cum
See text. ($12 50. paid In)
So'e—Stock (no bonds)
American
American Heel Sug a Common stock, $1.* ,000,000
10<>
Pref..
....
Amer. Bell Telephone—See Amer. Teleph. A Telegraph Co.
Ameri' an Bicycle— Pref. stock, 7 p. c, oum. See text
Sinking fund debentures. gold {V. 69, p. 606). V tun. o*
American Can- Stock (half is 7 p. o. cum., pref)
American Oar <£ Foundry— Common stock, $30,000,000.
Preferred stock, 7 per cent, non-cum., $30,000,000
American Chicle— Stock, common, $6,000,000
cum., $3,000,00)
p. c.
....
100
1
899
>.
American Clay Ufa.— 1st M., $2,5CO,000. s.f., call 105.K
American Coll -n— Stock, common, $4,000,000
Preferred stock, 8 per cent, cum., $3,000,000
American Cotton Oil— Common stock, $'20,2 (7,100
Pref. stock 6% non-oum.. sub. call at 105. $14,562,300.
Debentures, extended In 1900 (V. 71, p. 2 <7. 1010;. .c'
Americin TH<triei Tel-gaph— Stock. $4,000,000
1900
100
100
100
100
1S90
1,000
100
»cet> lciir.—See Electro Gas. V. 61. p. 1107; N.Y. Carbide & Acet.,
p 1155; Un. Carbide. V. 66. p. 762.
Adaiii« Expreu.—Organization.—An association formed in 1854
but not incorporated, operating on about 28,000 miles of railroad, including Penn., C. B. & Q.. Ches. & Ohio, N. Y. N. H. & H., etc. In
Apr.. 1901. President L. C. Weir was elected a director of the United
States Express Co. See American Express Co. bel -w— V. 72, p. 777.
Bonds.— In 1898 treasury securities were pledged with Mercantile
Tr. Co. to secure (subje.-t to prior indemnification of shareholders from
any loss by reason of personal liability) $12,000,000 of 4 p. c. bonds.
These last were then distributed as a 100-p. o. dividend. V. 66, p. 470.
Dividends.— For many years 8 p. o yearly, but reduced in 1898, on
payment of 100 p. c. dividend in bonds, to 4 p.o. In Dec, 1900, an extra dividend of 2 per cent was paid from investments (see V. 66, p. 470),
the same amount to be paid semi annually hereafter.— (V. 72, p. 777.)
Albemarle 3c Chea. Canal.— See page 170.
Alll«-< lialinei-M Co.— Organization.— Incorporated in N. J. on
May 7, 1901, to manufacture heavy engines, mining and other machinery, combining Edward P. Allis Co. of Milwaukee, Fraser <fe
Ch timers of Chicago. (V. 72, p. 1137) etc. Has a working capital of
$10,000,000, Including $2,506,000 to be expended in doubling the
A Ills plant Properties taken over as of April 1,1901. Vermilye &
Co. of New York were interested. V. 72, p. 874, 937, i>90.
Dividends.— First div. on pref., 1* p. c, paid July 25, 1901.
Stock. Etc.— Preferred entitled to 7 p. c. cumulative dividends and
a further preference of 1 p. c. non-oumulative after 7 p. c on common,
into which it will be co vertible, share for share, on any May 1 up to
1921, inclusive. Combined profits for two years, 189900, said to
have exceeded 7 p. c on the $16,250, OoO preferred stock. There are
no bondi. Pres., harles Allis; See'v. J W. Young; Treas., W. J.
Chalmers. Office, Bioad-Exchange Bldg., N. Y.— (V. 73, p. 84.
Amalgamated Copper Co.— Organization. Etc.— Incorporated
on April 27, l»99, in New Jersey and purchased control ol Anaconda
(
&
Cop. Co., Washoe Cop Co.,
Silver Min. Co. and Butte &
Co , etc. Stock was authorized in June. lyOl, to be
Bos. Con-ol.
increased from $75,000,000 to $155,00 ',000 'o purchase the stocks of
the two last-named companies, per terms V. 72, p. 1082; balance unissued reserved to acquire rem lining shares of those com anies. In
October, 1901, li igatiou with P. A Uein/.e was pending, and the com-
&
Mm
pany hid been temporal iiy enjoined from receiving dividend* on its
Boston & Montana and Butte <k Boston stock. See V. 73, p 664, 723.
The only bonds are Bos. & Mont. 7s, $600,000, due $100,000 yearl r,
nning 1902, and Butte <& Bos. 6s, +1,500,000, due Apr. 1, 1917.—
See V. 71, p. S4S- See V. 72, p. 777.
Dividends, l»a p. c, and ^ p. c. extra paid quarterly (Q.-J.), Oct.,
1899, to July. 1901, both inclusive In O.t., 1901, Us p. c, no extra
dividend
paid. See V. 73, p 664,773.
Officers.— President. Henry H. Rogers; Sec. and Treas William G.
Rockefeller.
Directors, II. II Rogers, Wm, Rockefeller, Win. G. Rockefeller, A. R. Flower, F. P. Olcott, Robert Bacon, Jas. Stillman and A.
C. Burrage. Office, 52 Broad *ay, New York.— (V. 73, p. b64, 723.)
Amerlean Agricultural Chemical Co.—Organization.— In
corporated in May, 1899, in Connecticut, under special charter, and
acquired eontrol of fertilizer companies (including Listers' of New
ark) named in prospectus in V. 68, p. 974, and application to list, V.
72, p 872; V. 73, p. 664. See V 71. p. 545. Dividends on preferred
Oct 1899 to Oct 1901, 6 p. c. yearly (A.& O.) Bonds, $25,000.
Rkpoht.— Report for year ending June 30, 1901, in V. 73, p. 614,
showed: Total n- 1 income, $1, 603, 716; impr >vements, betterments,
$513,951; div on pref. 6 per cent. $1,024,740; balance, $45,051.
President, John F. Oibbons, New York, Secretary, Albert French;
Treaa'r. William H. Orafflin. New York office. 26 Broadway.— (V. 70,
i. 588; V. 71, p. 5 44, BOO;
V. 72. p. 3 10, 672; V. 73, p. 614, t64.)
V. 72, p. 1281.
vm
,
.
,
.
:
American Alkali Co.— Seepage 170.
American Bank Note Co.— Incorporated
—
in N. Y. In 1858.
1894 1-95 to 1898. 1899. 1900.
1901
6 yearly
7
6 InclSept.,4
& S. and 2 p. c. each in J. & D.
In 1900, 1 p.
Officers.— Chairman. James Macdonough; President, Augustus D.
2d V. P., Warren
i.ard: Vice-Pres. and Treaa.. Theo. H. Freeland
L Green; Sec, John E. Currier. Office, 78 to 86 Tilnity Place, N. Y.
Itnerlean Beet Snear « o.— Incorporated on March 24,1899.
Dividends paid from Oct., 1899, to Oct, 1901, both inclusive,
»* Q,-J.)
See prospectus in V. 68, p. 280, 616; "Beet
6 p. c. yearly
Sagar'Mtern, V. t 9, p. 1249. Report for year ending Dec 31, 1900, in
V. 72, p. 676, showed: Total income, $1 931,707; profit from operation,
$-.68,166; cost of maintenance, $242.- 30, general expenses and Interest about $130,000; div. on pref (6 p. c ), $240,000; surplus about
855,635. Pres., Henry T. Oxnard; Sec, James O. Hamilton; Treas.,
John E. Tucker; 32 Nassau St.,N.Y.— (V. 72. p. 676; V. 73, p. 2ii8.)
American Bell Telephone Co.— See Amer. Teleph. & Telgr. Co.
American Bicycle Co.—Organization —Incorporated In New
Jersey on May 12, 1*99, and acquired concerns mentioned In V. 69, p.
177, 493, Including Pope Mfg Co. (Columbia bicycle), Crawford Mfg.
Co., West u Wheel Works, Automobile A C> cle Parts Co. (V. 72, p. 284,
537), at*. See application to Hat. V. 72, p. 536, and V. 73, p. 782.
PlTtP if
Percent
i
$
1892
(
i
to
8 yearly
c each
in
M.
D.
8.
New York, 59 Broadw'y June 1/01. 4%
Mch. 1, 1948
N. Y., Mere Trust Co.
Q —J.
Q —J.
A. & O.
N. Y.. Br.-Exch Bldg. Jul v 25/01,1*
Out. 28/01. Ha
Checks mailed.
Q —M.
By
<&
Sep. 11/01,1%
check.
oot.T," 6ii
New York.
S.
v*
;
Checks mailed.
Q -J.
5g. M.
3%
N. Y., Office, 26 B'way. Oot. 1, '01,
Sept. 1,
1919
(?)
Q.-F.
Q.-F.
30,000,000 2 in 1901
30,000,000
7
6 000,000 8 in 1901
3,000,000 6 in 1901
50J<tec.
V. 61,
Cod. Co. (V. 67, p. 953). Parrott Silver
Col. Smelting. Bo.-t. A MoLit Con Cop.
9,294,900
9,500,000
1,000
100
100
100
100
100
&
&
20.O00.000
100
16,250.000 See text.
100 148,540.200 7^in'01
100
16,715.600
100
17,153.000 6 in 1901
•24,0«'0,000
50
50
6,000.000
50
3,600,000
6
100
15,000,000
100
4,000,000
e"
!
,
—
Preferred >tock, 6 per cent, non-cum., $5,000,000
Preferred, 6
Outstanding
Bonds— IrluclINTEREST OR DIVIDENDS.
pal.When Due.
Rate Per When Where Payable, and by Stocks— Last
Dividend.
Cent.
Payable
Whom.
$100 $12,000,000 See text. J.
1898 500 &c 12.0O0.000
4g. DC
Express
Collateral trust mortgage, gold, ill e
Alii*- Chil me r,— Common stock, $'..'5,000
Bm
Amount
N. Y., Guar. Trust Co. Nov. 1/01. >«%
do
Row
do
Q.-J.
6g. M. & N.
<«)
Nov. 1,*01,
do
N. Y., Park
Bldg.
O.'t. 1,
1\
'01,2%
Oct 1, '01. l»s
Moh. 1, 1920
do
N. Y. KnioK. Tr. Co.
4,000,000
3.000,000 8 in i 900 M. & N. Off.. 27 William st.,N.Y. Nov. 2, '00. 4%
20,237,100 3 Sj in '00
N. Y., Winslow, L. <fe Co. Deo. 1/00, 3*4
10,198,600 6 in 1*00 J. "& "d.
June 1/01, 3%
do
do
Nov. I. 1915
3.000.000
4 1sg Q.-F.
do
do
2i4 in 00 M. & N. Treas. off..6DevSt.,N.Y Mav 15/01,1%
3.844/00
,
Stock authorized, common, $20,000,000; outstanding, $17/01,500;
par of .-hares, $100; pref. 7 p. c, cum., and bonds, see table above.
Stockholders will vote on Oct. 30. li*0 on a proposition to reduce the
authorized stock from $3O.o0 ,000 to the auounts no*r outstanding.
Sinking f ui.d buys $250,000 bonds yearly Sept. 1 at not over 105. In
March, 1901, $500,000 was retires V. 72, p. 185 Report for year
ending July 31, 1901, with balance sheet, was in V 73. p. 7-2, showing
profits of $850,682; interest on bonds, $500,000; balance, surplus,
$350,682. Total surplus July 31, 1901, $956,262.
Officers.— R. L. Coleman, President; C. W. Diokers^n, Secretary
and acting Treasurer. Office. Park Row Building, New Yark.— (V. 72,
1
534, 536, 937; V. 73,
p.
p.
782. 786
,
)
American Bridge Co.— See United States Btebi Corp'n.
American tan Co.— Organization. - Incorporated in New Jersey on Mar. 19, 1901, as a consolidation, embraoiug. It is said, about
85 per cent of the tin can business of the country, including about
100 concerns See partial list, V. 72, p. 582, Closely allied with the
American Tin Plate Co. (now 'J. S. Steel Corporation). Stock authorized, $44.0 >0,000 each of common and 7 per cent cum. pref., of which
part to remain in the treasury. Moore Brothers interested.
Officers.— President, Edwin Norton; Secretary and Treasurer. FS.Wheeler; Assistant See. and Assistant Tieas., H. B. Wheeler. Office>
11 Broadway.- (V. 72, p. 481, 582, 628.)
American Oar Foundry.— Organization, Etc.— Incorporated
in New Jersey on Feb. 20, 1899, as a consolidation of the MichiganPeninsular Car, Ohio Falls Car Mfg. etc., mfg. freight and passenger
car*. V. 68, p. 280, 377. 1029; V. 71. p. 86. 543; V. 72, p 937.
Dividends.— On pref., 1% p. c, July 1, 1899; Nov. 1,1899, to Nov..
1901, both inclusive, 1% p. c. quar. (7 per an.) Div. on com on paid
Aug. 1, 1900, to Nov. 1, 1901, inclusive, *fl p.c. quar. (2% per annum).
Earnings.— Net earnings 4 mos. ending Aug. 31, 1901, $l,0»6,8b4,
against $2,002,74 2 in 1900.— V. 73, p, 724.
Report for year ending April 30, 1901, was in V. 72, p. 1236, showing net earnings April 30, $4,055,826; dividends on pref. stoik, (7 p.
c), $2,084,075; on common (2 p. c), $595,450; surplus, $1,373,301.
For 14 months ended April 30, 1900, business included : Freight cars,
74,455; passenger care, 214; oar wheela, 910,161, etc.— V. 69, p. 542.
Officers.— Pres., Fred'k H Eaton; Chair, of Exec Com.. Win Mo
Millan, Treas.; S. 8. De l^ano; Sec, F. F. Webber, St. Louis, Mo. Directors. V. 70, p. 1247; V 72, p. 1239. N.Y office. 71 Broadway.— (V. 72,
p. 45, 243, 777, 937, 1235, 1239, 1281; V. 73, p. 723 )
American Oliicle Co.— Organization.— Incorporated
New
Jersey on June 2, 1899, and consolidated the leading chewing gum in
teresta.— V. 68. p. 1130. See V.71, p 5,5. Div.: Onpret.,Oct./99.toOct.,
1901, Ha p. 0. qu. (6 p. c. per an.). Common 1 >a p. 0. Oct., 1899; Dec,
4 p.c; 1900, 6*2 p. c; 1901. Jan., 2W p c; Apr., Ha p. c July. 2 p.
Plants absorbed, see V. 68. p 871. President, W. J.
O.J Oct., 2 p o.
White, Cleveland; Vice-Pies., ueo. H. Worthington, Cleveland; Sec,
Jonathan P. Primley, Chicago; Sec. and Treas., H. Rowley. Office,
&
m
;
Row Bldg., N.Y.— (V. 72, p. 676, 1281.)
American (lay Mfg. Co.— American Coal—Sea p. 170.
American Cotton Co.— Organization.— Makes and leases a patented machine for producing cylindrical bales of cotton. See V 68, p.
Park
821. In 1900 handled over 500,000 cylindrical bales. Status Aug. 1,
1900, V. 71, p. 544. All accum. divs. on pref. stock paid May, 1899;
Nov., 4 p. c 1900, 8 p.c Action on dividends was deferred for the
present. V. 72, p. 1240. Year 1899 00, groas profits, $522,142; net,
Preaident. Albert C. Case; Treas., Hampdea E. Tener Jr.
$259,294.
Directors, V. li, p. 1240.— (V. 72, p, 874, 990, 12i0.)
American Cotton OH.— Incorp. Oct. 14, 1889, inN. J to succeed
Amer. Cotton Oil Trust. Has works in various southern cities, etc. for
manufacture of crude and refined cotton oil, lard, soap, fertilizers, etc
Stock. Etc.— In Aug., 1901, a committee (Geo. A Morrison, Chairman, requested deposits of stock, with a view to united protective action, power being given for three years to sell the deposited stock at
V. 73. p. 288, 724.
lO.i lor the preferred and 60 for the common
Dividends on pref. stock June, 1892, to June, 1901, Inclusive. 6 p. 0.
annum. On common, 1898, 3 p. 0.; 1899, 4 p. c; 1900, 3 h p. 0.
per
Report.— Report for 1899-00 at length in V.71. p.1011, 1019,ahowed
profits $l,7:-)9,<»49, after meeting expenses of admlnist., interest, &c;
int. on deb. bonds, $242,267; balance, net income, $1,497,182; dividends on pref. (6 p.c), $611,916; div. on common (3 * p. c), $708,298;
Profits:
bal., surplus for year, $176,968, against $216,415 in 1898-9.
Year 1897-98. $1,559,661; in '98 99, $1,883,255; 1899-00, $1,739,449.
Officers— President, George A. Morrison; Vlce-Presideut. Robert
F. Monro; Sec. and Treas., Justus E. Ralph. 27-29 Beaver St., N. Y.
Tranfer agents, Winslow, Lanier <fe Co. (V. 73, p. 139, 288, 724.)
American District Telegraph.— fee Supplement of Jan., 1893.
Annual report for year ending Dec. 31, 1900, waa In V. 72, p. 673,
ahowlng gross, $590,536; net, $86,846; dividends (2i* p. 0.), $86,497.
;
,
,
—
1
Dividends.—
Per cent.
Office,
6
>
5
Dey
'91.
'92. '93.
1
St.,
2^
3»s
'94.
1
'95. '96
3
1
2
2
N. Y. Clty.-(V. 70, p. 228; V. 72,
2U
p.
1900
1^01
2*4
'97. '98. '99.
May,
1
185, 673.)
American Expretw.— An "Association" formed under the laws
New York State In 1859 and 1868. Not an incorporated oonipany.
Operated in Dec. 1900. on about 45.000 miles of railroad in the
United States .Including Boston & Maine, nearly all the Vanderbilt
of
lines, Illinois Central,
etc
In Apr., 1901, President
J. C.
Fargo was
.
October.
MISCELLANEOUS STOCKS AND BONDS.
1901.
MISCELLANEOUS.
Date
Ifl3
Bonos— frinel-
INTEREST OR DIVIDENDS.
pal.When Due.
Rate Per When Where Payable, and by Stocks— Last
of
Par
For explanation of column headings, Ac, see notes on
Bonds Value. Outstanding Cent.
Payable
Whom.
Dividend.
first page of tables.
American Express— Stook
Amer Hide <t Leather— Common stock. $17,500,000
M
1899
"Too
100
100
100
189b
,
1,000
50
50
100
100
100
100
100
100
100
,
Pref. stock, 7 per ceit, oum.. $50,000.000
American Snuff— SXxtok, common, $12,500,000
Preferred. 6 per cent, non cum., $12.500,000
American steel Casting -Stock, common, $2,750,000
M
1,000
100
100
American Halting.— Preferred stook (7 p. o. pref., oum.)
1st M., $5,000 000, g sink, fund, subj. to call at lO^.c*
American Pnmmatic Service—Stock, com., $10,000,000..
Preferred, 6 per cent, non cum.. $5,000.000
Amencan Radio tor— Fret, stock, 7 p. c, cum., $^,000,000
American Shipbuildin g—Hovk, common, $15,000,000...
Preferred, 7 percent, non-cum $15,000,000
Amer. S»elt. dt Refining— Common stook, $50,000,000...
—
U
American Hide Sc Leather Co.—-Organization.— Organized
New Jersey in 1899. V 69, p. 493. In Jan.. 1901, said to oontrol
In
about 75 per cent of the upper leather output of the country, including
companies mentioned in V. 68, p. 925 except Webster & Co. and R.
Suhm
L. Co. See V. 70, p. 77, and adv. in Chronicle of Jan.
and amplication to ltt-t V. 72, p. 673.
Bonds, Ere— Sinking fund of $172,500 retires bonds Sept.
13, 1900,
1 yearly,
purchasable at 115 or less, or if not will be invested in other securities. J. & W. seligman & Co. financed the consolidation.
Balance
sheet of June 29, 1901 was in V. 75», p. 493, showing surplus over interest charges for period from May 31. 1901, to June 29,1901, of
$377,139 Report for 9 mos. ending May 31, 1900. in V. 71, p 491,
If
,
Pres't,
Thomas W.
V
Hall; 8ec.
and ITeas., G. A. Hill. Directors, Sept.,
Office, 96 Cliff St., N. Y.— ( V. li, p.
71 p. 493; V. 73. p. 495.
,
493,495.)
Amrrlcan Ice Co.— Organization. — Incorporated in New Jersey
on March 11, l?-99. and in October, 1899, had acquired most of the
$10 000.000 stock of the Consolidated Ice Co. of New York (see V. 65,
461)
Knickerbocker Ice Co. of
& aine. and the $10,000,0^0instock of thesee official statement, V. 69,
For list of plants
1899, etc..
p. 793; v. 70, p. 585; V. 71. p. 1014, 1121, 116K, 12 1: V. 72. p. 1036.
Transacts a wholesale and retail business in New York, N. Y.; Philadelphia, Pa Boston, Mass.; Baltimore, Md; Washington, D. C; Camden. N. J.; Lakewood, N. J., and Atlantic City, N. J. Action to annul
right to do business in New York State, V. 73, p 724; V. 71, p. 1068.
Dividends.— On pref'd Oct. '99, to Oct, 1901, 6p.c. yearly (Q.-J).
On com., Nov., '99. to Aug.,1901, inclusive, 4 p. c. yearly (Q F).
Dibectors, Etc.— J. D. Schoonmaker (Pres.), Charles W. Morse, C
T. Barney. F K. Sturgis, Wm. H. Gelshenen, H.H. Morse, all of New
York; J. Manchester Haynes, of Augusta. Me.; D.
Hunt, of Philadelphia; Wesley M. Oler, of Baltimore; Thomas Sturgis, Orin Dennett,
John R. Bennett, R. W. Hopkins, James McCutchen. R W. Poor, E. H.
Road and J. W. Scott. Treasurer is J. T. Sproun. Office, 33 East 2bd
8t, New York.— iV. 72. p. 534, 777, 823. 1036; V. 73, p. 617, 724.)
Auieri.an Iron
Steel Mfg.— See p. 170.
American Light A Traction.— See page 170.
American Li- seed.—Organization, Etc.— Incorporated on Dec.
5, 1898, under the laws of New Jersey, as a consolidation of the
National Linseed Oil Co. with the ten leading outside linseed oil companies in the U. 8., per plan in V. 67. p. 1161; V. 69, p. 697. See V. 71,
p. $45- For list of plants, etc., see V. 70, p, 631. Com. stock authorized, $1 6,750,000, all outstanding; pref. stock as in table. The $6,000,000 ttve-y«ar notes were called for pa\meut at par on Aug. 1,
1901 V. 2, p. 3 2, 439; V. 73, p. 34. In June, 1901, Standard Oil
Interests acquired a majority of the stock, Its representatives entering
the directory. See Union Lead & Oil Co. in V. 72, p. 1036, 1189.
Dividends.—On pref., June 15. '99, to Sept., 1900, 1% p. o. quarterly.
The Dec, 1900, dlvldemd was passed. V. 71, p. 1014.
Report.— Report for year ending July 31, 1 901, was in V. 73, p. 555,
662, sh"wing loss from operations of $1,402,491. Pres., Frederick T.
Gates; Sec, W. H. Jones. Directors Sept 1901. V. 73, p 555. Main
office, 100 Williant St., N. Y
stock transfer office. 26 B'way.— (V.
72. p. 340, 392, 439, 1036, 1137, 1189; V. 7j, p. 34, 238, 555, 662.)
American Locomotl e Co.— Organization. Incorporated in
N. Y. on June 10, 1901, as a consolidation of the Pittsburg (Pa.) Locomotive Works; Brooks Locomotive Works, Dunkirk, N.Y Cooke Locomotive .V Machine Works. Paterson, N. J.: Schenectady (N Y.) Locomotive Works; Richmond Locomotive & Mach Works; Rhode Island
Loc <fe Mach. Wks.; manufacturing 1,700 engines (to be increased to
3,000) yearly, or about, two-thirds of the output of the country (see
list, V. 73, p 80).— V. 72, p. 1189; V. 73. p. 84, 1x6, 724.
Harvey Fisk
& Sons financed it without public offering. Began with about $6,000,000 working capital.
Dividend —First quarter' y dividend on pref., 1% p. c, paid Oct. 21,
i
:
W
'.
&
,
;
—
;
«»*.*
1901— \.
71, p e64.
Bonded debt as follows Dickson Mfg. Co. 5s, $562,500, maturing
Nov 1, 19^7, and Rchm'd Locomotive 5s, $750,000. due Apr. 1, 19i9.
Earnings.— Earnings on the constituent properties for a series of
years, weie said to cover 5 per cent or over on the common stock.
Officers.- President, S. R. < allaway; 1st V. P., A. J. Pitkin: 5d V.
P.. R. I. Gross; S*c, Leigh Best; Treas., C. B. Denny; Comptroller. C
:
E
Pattersoa. Directors, June, 1901, V. 72, p. 1240,1281; V. 73, p.
34, 80 186 664. 724.
,o4 mericai1 Malting Co,— A consolidation incorporated Sept. 27,
1897,inN. J.— V. 65, p. 619; V. 70, p. 478. The investigating committeeim Oct 1P00, recommended a reduction of the stock, but no decision to July, 1901— V. 71. p. 1014, 1068. 1221.
Stocks.- Authorized, $15,000,000 each common and preferred; issued, comm. n, $14,500,000-, pref., as in table. Dividends— On pref.:
Jan.. 1898, to Oct., 1899, incl., 7 p. c per an. (1% Q. J.); none since.
Bonds. -Of the bonds (Walter G. Oakman and Geo. R. Turnbull, trustees), $4,0< 0,000 were issue 1 in Dec, 1899, to retire the floating
debt
and for working capital. A sinking fund equal to one-half of the dividends on the preferred stook will r»tire bonds at or below 105. 8ee V.
69,p 956, 1013, 1195. On Oct. 31,'00, underlying mortgages, $306,000.
Earnings —Report of Investigating committee for year as changed
to end Aug. 31, 1900, was in V. 71, p. 1011, showing: Profits above
interest on bonds and deductions for bad debts, $123,000. See also
on
e j ea Uer report covering period from Oct. 11, 1897, to Dec
L balance
S
31, 1899, with J
sheet, in V. 70, p. 478.
.
V^^
8,375,000
22,921.900
13,327,200
1,705,000
16,750,000
25.000.000
24,100,000
14,440,000
4,000,000
4,727,650
3,951,350
3,000.000
7,t 00.000
7.900.000
50.000,000
50,000,000
11,001,700
12.000,000
2,143,000
1,195.700
490,000
&
text. J.
J N.Y.,Co.'sOf.,65B'way Jnjyl,»01,4%
N. Y.. Colonial Tr.
Sept. 1, 1919
6 sr. M. & 8.
4 in 1900 Q.-F. 15 133 E 23dSt.,bycheok Aug. 15, "01, 1
Oct.l5,*01,lia
do
do
6 in 1901 Q.-J. 15
7 In
1900 Q.-M. By check from Chicago Sept. 15'00,1%
See text.
Q.-J.
"eg.
J. "& "d.
Oct.21, 6i",l%
Checks mailed.
Check from Co.'s office. Oct.15,'99, l»t
N. Y„ Guaranty Tr. Co Deo. 1. 1914
;
Oct. 19, '01, 1*2
6 in 1 901 Q.-J.
7 In 1900 Q.-F. 15 Off.,Lake&Dearb.St.Ch. Aug.15,'01,1%
7 in 1900
Q-J.
Cleveland, Ohio.
7 in'igoi
Q— J.
N. Y., 71 Broadway.
6 in 1901 J.
6 in 1900 M.
&
&
J,
Julyl5,'01,l%
1\
Oct."87'0T,
Morton Trust Co. Oct. 1/01, lhs
Apr.30,'01,3%
Checks mailed.
J'.e^9,'01,3ii
Checks mailed.
Nov. 1, 1912
N. Y..
N.
7 in 1900 J. & D
1897
NITED States Steel Corp RATION.
100
6,000,000 See text. Q.-M.
1891
567,000
6g. F. & A
elected a director of the United States Express Co.— V. 72, p. 777.
Dividends, 6 p. c. per ann. since 1882; in July, 1901, ) p c. extra was
paid from investments. V. 72, p. 937. Pres., J. C. Fargo; Treas.,
Charles Q. Clark. Office. 65 B'way.— (V. 72, p. 777, 937.)
1901,
Amount
$100 $18,000,000 See
100 11,500,000
100 13,000.000
Pref. stock. 7 per cent cum., $17.500.000
1st
. $10,000,000, g.. s. t., subj. to call at 115.Col c*
Amer. Ice— Com stock, $25 000 000 (V. 72. p. 392. 534)..
Pref. stock, 6%. cum., $15,000,000 (V. 72, p. 392, 534)
Underly ng bonds, im-1. Knickb 5s due Feb. 1, 1905...
Amer. Linseed— Pf. stock, 7 p. o., non-cum., $16,750,000.
American Locomotive— Common stock, $2\000,00o
Pref. stock, 7%, cum., $;5,000,000. (Bonds, see text)
Preferred stock, 7 per cent, non-cum., $1,450,000
1st mortgage, cold
American Steel Hoop— Amer. Steel dt Wire of N. J. See
American Straw Board Stock, common
1st
, gold, sinking fund, subject to call In 1901
Size, or
Deo.27,'00, 1%
Feb. 1. 1911
Bos., Inter. Trust Co.
Officers.— Pres't, Chas. A. Stadler; Seo'y, Geo. F. Neid linger;
Lee Stanton; Directors, Nov.. 1900. V. 71, p. 1068. N. Y.
office, 63d St. & E. R— (V. 72, p. 185; V. 73, p. 236.)
American Pneumatic Service Co.— Organization.— Incorporated in June, 1899, under laws of Delaware— (V. 68, p. 1130, 1179.)
Is the owner of the whole, or nearly all, stock of the Lamson Consol.
8tore-Service Co. (V. 6S,p. 1073). the Intern. Pneum. Service Co., etc.
Stock.- Dividends on pref. stock to Oct 20, 1901, inclusive, 6 p. c
per an. (1 H Q-J). Underlying bonds Mar. 31, 1901, $516.0<i© Lamson
sinking fund gold 6s, less a sinking fund of $164,577. Report for year
ending Deo 31, 1900, showed net earnings, $288,616; div. on pref.,
Treas., Louis
$223,551; bal., sur., $65,065.
Office, 115 Cbauncy St., Boston, Mass.
Arthur 8. Temple. Treas.—
(V.71.P. 1166; V. 72. d. 89, 534.)
American Radiator.— Incorp. in N. J. on Feb. 14, 1899. See V.
Common stock, $5,000,000; outstanding, $4,f 93,000; par,
68, p. 329.
$100 Dividends on pref May, 1899, to Auf., 1901, inclusive, 1% p. c
quarterly (QF 15). Report for year ending Jan. 31, 1901, with bal.
sheet. V. 72, p. 673, showed: Net profits. $527,998; 7 p. c on preferred,
$210,000; balance, $317,998. Sec. C. M. Woolley.-(V. 72, p. 673.>
American Sheet Steel.— See United States Steel Corporation.
,
in
American Shipbuilding Co.— Organization. — Incorporated
New Jersey on March 16, 1899, to unite the shipbuilding and kin-
dred interests of the Great Lakes.— V. 68, p. 770; V. 70, p. 896;
V. 71, p. 344,1014; V. 73, p. 390. Div on pref., July, 1899, to July, 15,
1901, inclu., 7 p. c per an. (1% Q-J.) Purchase money moitgage on
Buffalo plant, $150,000. Report for year ending June 30, 1901, in V.
73, p. 390, showeo: Net earnings. $1,998,542; div. on pref., $553,000;
depreciation and maintenance. $271,905; bal., sur.. $1,173,638 Pres.,
W.
L.
Brown,
and Treas., R.
(Chicago; ('ec
American Smelting
4c
C.
Wetmore.
Directors,
O.— (V. 72, p. 243; V. 3. p. 3»0.)
Refining Co —Organization, Etc.—
V. 73, p. 390. Offices, Cleveland,
1
1»99, under laws of New Jersey, V. 68, p.
668. Controls the Kansas City Smelting & Refining Co., the Omaha &
Grant Smelting Co., etc. For list of plants, rights of stock, etc., see V.
68. p. 975—V. 68, p. 471, 523; V. 70, p. 232. 281. See V. 71, p. f</j.
fn Apr 1901, the property of M. Guggenheim's Sons was acquired,
the stock being increa-ed from $27,400,000 each of commoi and preferred to $50,000,000 each. The output of lead and silver, it is stated,
is now about 85 per cent of the producion in the U. S.— V. 7) p. 1271;
V. 72, p. 138,724; see circular in V. 72, p. 185.-V.71, p. 1271.
Omaha & Grant Smelt. 1st 6s, due March 1, 1911, $1,053,000, retirable about $70,000 annually by sinking fund, are the only bonds.
Dividends onpref. to Oct 1901, inclusive, 7 p. c per an. (1% Q-J).
Report.— Report for year ending April 30, 1901. including earnings
of Guggenheim plants for 4 months, was in V. 73, p. 552, showing:
Gross, $f>. 988,049; net above repairs, etc, $3,828,4*1; net earnings
of Guggenheim plants for the 8 mos not included, were $2,756,66.;
dividend on pref. (7 p. c), $1,918,000; bal., sur., $1,910,441.
Directors.— E. W. Nash (President), Daniel Guggenheim (Chairman), Isaac Guggenheim (Treasurer), Solomon Guggenheim, Murray
Incorporated April
4,
,
,
,
,
Guggenheim and Simon Guggenheim, Walter S. Gurnee, Grant B.
I). H. Moffat, M. D. Thatcher. J. B. Grant, Guy C.
Barton, Dennis Sheedy, N. Witherell, R. 8. Towne, A. Eilers, H. L.
Terrell and Barton Sewell. Office, 71 Broadway.— (V. 73. n. 552.)
American SnuflT Co.—Organization.— Incorporated in New Jersey on Mir. 13, 1900, in the interest of the American Tobacco and
Continental Tobacco companies, whose snuff properties it acquired,
and which own $7,-/00,000 common and $2,500,000 preferred stook
and have 8 of the 17 directors. For list of properties merged,
claimed to have »n output of about 15,000,000 pounds of snuff
yearly and to control about 95 per cent of the output of the country,
Schley, A. R. Meyer,
etc.. see V. 70, p. 533, 634; statement to N. Y. 8tock Exchange, V.
First div. on pref., 3 p. c, paid Jan. 2, 1901; July,
p. 62=>, 6" 2.
72,
lh
p.
Oct.l^p. c
Report.— Report
c;
for 9^ mos. ending Dec. 31, 19C0, with bal. sheet,
showed: Net earnings, $531 668; div. on pref (3 p. c ). $360 000; bal.,
sur.. $171 668
Pres.. Geo. A. Helme; Sec, Otis Smith; Treas., Geo.
D. Wood-dde, 111 Fifth Ave., N Y.— (V. 72, p. 625, 672, 1137.)
American Soda Fountain.— See page 170.
American Spirits Mfg.— See Distilling. Co.
American Steel Casting Co.— Organization.— Incorporated in
New Jeisey. Plants at Thurlow. Sharon, Kittsburg and Nomstown,
Pa.; Alliance, O., and Syracuse, N. Y. As to consolidation suggested
in Aug 1901, see V. 73, p. 238.
,
Dividends-
1894.1895.1896. 1897. 1898. 1899. 1900. 1901.
7 June. 3*2
Preferred stock
7
7
7
7
7
7
6
Apr., 3
6
Common stock
6
..
President, Daniel Eagan; Vice-Pres., John A. Middleton; Sec R. C.
Fester; Treas.. J. H. D. Eagan, Chester, Pa.— (V 70, p. 998; V. 73, p.
,
238.)
American Steel Hoop Co.— > See United States Steel CorAmerican Steel & Wire Co.— poration.
American Straw Hoard.— Incorporated under the laws of IlliJ
in 1893, 4 per cent; Dec. 23, 1898. 1 p. c; June 25,
c; Se t. 29, 1 p. c; Dec. 27, 1 p c. The Mar., 1901, dividend
vas passed.— V. 72, p. 582. See V. 62, p. 587. In June, 1901, deposits
of stock were asked under a plan approved by the directors for consolidation with cone eras not named. See V. 73, p. 34 and 495.
Annual Report.— Report for 1900 in V. 72 p. 389:
1900.
1899.
1898.
1897.
nois.
Dividends
1900,
1
p.
Profits
$292,525 $242,544 $115,862
$89,703
1-9
1-49
4*87
404
Per cent on stock
Bills payable Jan. 1, 1901, $51<~,000. President, R. F. Newcomb.
Old Colony Building, Chioago.— (V. 72, p. 582, 1281; V. 73, p. 34, 495.)
INVESTORS' SUPPLEMENT.
151
MISCELLANEOUS.
For explanation of column headings,
first page of table*.
Date
fee.,
see notes on
American Sugar Refining— Common stock, $-45,000,000.
Prer. stock, 7 p.c. sum. (not pf. asto ass't).$4"<,O00,0O0
American Telegraph it Oa ble Stock, 5 ner cent rental ...
American Telephone it Teltgr ph— Stock, 81 ,">0.000, 000 ..
Collateral trust mortgage, cur oil (V. 70, p. 40). ...0'
Size, or
Amount
of
Par
Bonds Value. Outstanding
INTEREST OR DIVIDENDS.
Rate per When Where payable, and
Cent.
$100 $45,000,000 7
100 45,000,000 7
100 14,000,000
100
See text.
1899
189S
1,000
1,000
5
Paper—Pref. stock, 7% cum., $1 2,500,000
r..$17,000.0O0,call aft. Jnly/OO.IOS.OB.O*
Allocated Merchants— Commou stock, $5,003,000.
1st pref.. 5 p.c. cum., $10,0' 0,000. convert, at par. .text
Writing
1st St,
s
2d pref.
Bay
State
f..
1
p. c.
1S99
1,000
cum., $5,000,000
Gas— Boston Un. Gas
1st M..s.f.,eall at 105, g.o*
do
do
2d M„ cold ($1,00.) ,000)
Bethlehem Sleet— Stock, $15,000,000 (SI per sh. paid in)..
r Pureh. mon M. f. r Betli. Iren, $7,500,000, g.Gl*.o',tr.
ISS9 500 &c.
1,000
50
1901
1.000
American Sugar Kenning.— A X. J. corporation, successor In
Jan., 1891, of the 8ugar Refineries Co. organized in 1887; plan, V.
Capital stock, originally $50,000,000, was increased
51, p. 609.
In Jan., 1892, to $75,000,000 (half pref.) to acquire
the capital,
stock of the four Philadelphia refineries and a controlling interest in
the Baltimore refinery- 8preckels's refinery in California is under a
lease till
...,1901, to the "Western Sugar Refining Co.," of whiob
the '• trust " owns one-half the stock. Beet-sugar Interest acquired
in April, 1897, V. 64. p. 841; coffee plants. V. 63, p. 1157; V. 64 p. 40;
\
". 71, p. 914; V
72. p. 1137.) Beet sugar refineries
V.70, p. 68S, 105
In U. 4, V. 66, p. 132; V. 68, p. 280; V. 69. p. 1249. In Aug., 1899, the
sugar war was renewed, and in April, IhOO, the quarterly dividend
on the common stock •.a* reduced from 3 tol'ap. c, but raised to
l\p. c. in Oct., 1900. in June, 1900, three of the independent refinery concerns were consolidated as the National Sugar Retiuing Co.
(see V. 70, p. 1096: V. 71, p. 'J 1). See V. 70, p. 482, 634, 998, 1051;
71, p. 136. '237. 699. Independent plants, Aug , 1901.— V. 73,p.238.
In November, 1899, officially stated to supply about 70 per cent
•f the output of refined sugar in the U. 8., as against 90 p. c. formerly.
V. 64, p. 328; V. 71, p. 31; V. 67, p. 632; V. 69, p. 1104.
Stock.— In 1901 each class of stock was being increased from $37,50",000 to $45,000,000 by call at par to sha> dividers of same class,
subscription payable Oct 7 and Nov. 7, one-half each —V. 73, p. 617.
190L.
Drv.— P. ct. )1S91. 1892. 1893.
1894 to 1S99.
1900.
2113 12 yearly (3 Q.-J.
Common .... V 4
7^
7
lOHs
Preferred .. ) 7 p. c. yearly to date; nearly all Q.-J.— V. 71, p. 1168.
Retort.— No recent report. Annual meeting in 1901, see V. 72, p. 89.
Dec. 31, 98.
Dec. 31, '99.
Balance Sheet—
Dec. 31, 1900.
Real estate and machinery. $36,891, '.'21
$36,412,652
$37,285,545
15,306.596
27,563,965
Cash and debts receivable. 15,737,388
;
—
>
31,058,142
Invesrm'ts in other comp's. 35,054,171
30,423,680
20,340,<j'09
22,243.224
8ugar, raw and refined
22,488,799
T«tal assets
$110, 171,579 $102,483,537 $118,150,877
Capital stock
$73,936,000 $73,936,000
$73,936,000
32,987,200
Debts
27,443,372
21,152,323
7.395.214
11,227.677
Reserves
8,792.207
Total liabilities
$110,171,579 $102,4»3,5.i7 $118,150,87
Directors.— H. O. Havemeyer, Chas. H. Senff, Arthur Donner. Lowell M. Palmer, John Mayer, W. B. Thomas, John E. Parsons; Treasurer,
Arthur Donner. N. Y. office. 117 Wall St.- (V.72, p. 89, 479, 1137; V.
73, p 186, 238, 617, 786 )
American Telegraph & Cable.— Owns two cables between Nova
Scotia and England.
Leased until 1932 to Western Union— which
American Telephone
see.
Telegraph Co.— Organization.—
Ac
Formerly owned the long-distance lines of the American Bell Telephone Company; in 1900 took over its other assets, including the
securities owned in local companies (s°e V. 69, p. 826, 907, 1149), also
circular, V. 70, p. 585. See series of telephone articles, V. 69, p. 674,
826, 1034, 122?; V. 70, p. 817. Capitalization of licensee companies,
see V. 73, p 4 16. 555, 7/4. On Sept. 20, 1901, 2,334,698 instruments
were in use, against 1,860,956 on Sept. 20, 1900. Decision adverse to
B-rllner patent, V. 72, p. 439; V. 73, p 186. Pupln patents, V. 72, p.
677.
8tock.— On June 3. 1P01, the authorized stock was increased from
8100,000,000 to $150,000,000. Of the new stock. $20,700 900 was
subscribed for by stockholders at par, raising the outstanding amount
to $114,94e,500, one half to be paid Aug. 1, 1901. and the balance
J*n. 15. 1902.— V. 72, p. 1137, 12-2 This amount includes $32,110,2'
held in the treasury of the Amer. Bell Teleph. Co., whose stock is
owned
Dividends.— On American Bell Telephone stock, previously 15 to 18
per cent yearly, were from Jan 1895, to April. 1900, 15 p. c per annum. The A. T. AT Co., as successor of the Bell, is paying at rate of
7^ per centner annum, viz 2hj>. c. paid July 16, 1900; Oct. 15, 1*3
substantially all
,
:
c; Jan. 15, 2>4 p. c, etc. See V. 70, p. 1250
Bonds.—The collateral trust mortgage of 1899 provides for the immediate needs of the company ami for future extensions as required,
snd ecures equalh the eolL trust bonds and the $10,000,000 Bell debentures. V. 70, p. 40; V. 72, p. 874. On deposit of additional collateral
fnrtherbonds may be issued, but to an amount not exceeding 75 per
cent of the estimated value of the collateral; and the issue at any time
outstanding must not exceed the amount of the company's capital
stock then paid up. V. 69. p. 1195, 1249; V.70, p. 40. In 19<»0,
•old $10,000,000 bonds, and in May, 1901, $5,000,000 additional
V. 70. p. 741; V. 71, p 86, 344, 874.
Report.- Report for 1900 in V. 72, p. 625, showed:
1899.
Tear ending Dec. 31.
1900.
$7,687,381
Total gross earnings
$9,534,499
Surplus over interest charges
4,270,509
5,486,058
3.882,945
Paid dividends
4,078,601
Pres., Frederick P. Fish. -(V. 73, p 393, 446, 495, 555, 724, 786.)
American Thread Co.—Incorporated in N. J. March 10, 1898.
(V 67, p. 1158.) Stock, $6,000,000 common (88 50 nor $5 share paid
be entirely owned by the English Sewing Cotton
In, n
Co *«, 000,000 Ave per cent cum. nref. (gold or £); issued $4,890.17"), par of shares, $5. Dlvldena on pref July, 1899, to Inly,
1901, inclusive, 5 p. e. per annum (2^ p.c. semi-an). First div. on
common, 30 cts. per share (or 10 pf r cent on amount paid in) paid out
tmings of 1899-0; In 1900 01,:;.". cts. (10 p. c.) Bonds, see application to ll-t in full, V. 70, p. 179. Underlying bonds, £M9,937. Kerr
fn An.'
Thread 5s, due July 1, 1902, at 105 p.c.
1901. purchased
control of Wool Exchange Co owning building 260 West Broaov.
subject to a first mortgage of #500.000.-V. 73, p 289, 393, 416
BaFOBT - Report for year ending Mar. 81, 1901 with balance sheet,
tr. V. 72, p. 1079, showed: Total profit, 81,232,29
balance from last
p.
1
—
;
,
,
,
I
Bonds— Principal, When Due.
by
Whom.
Payable
Stocks—Last
Dividend.
in 1901 Q.-J. N.Y.Offloe,117WallSt. Oct. 2. '01,1%
In 1901 See text
do
do
Oct. 2, '01, 1\
5
Q.-M. N. Y., West. Union Tel. Tune.'01,lVt%
713
Oct.l5,'01,li9
Q.-J.
15,000,000
4
J. & J New York and Boston. July 1, 1929
10,000,000
4
J. & J. Boat.. Nat. Bk. of Com
July 1, 1908
4.890,475 5 in 1901 J. & J. Guar Trust Co.. N. Y, July 1,'01,2>«
6,000,000 4 g. or £ J. & J.
do
do
Jan. 1, 1919
Am. Bell deben OK V. 87, p. 7.". 1355; V. 70. p. 40.o*
Amer. Bay—4 prat stock. $6,000,000 5 p.c, cum .g.or £
1st coll. trust IL, 86,000,000. g. or £
G.<r 1899 500 &o.
ki.Ookp ORATI ON.
Amencan Tin Plate Oa.— See U sited Si
Anuru'd't /"oOdffo Co.— Com. stock, $56,000,000 auth
50 54,500,000 6 in 1901
100 14,000,000 8 in 1901
Pref. stock, B p.c. nou-cum.; pref. as to assets aiuldlvs..
Dividend scrip. See text
3,014.490
6
Amerie in Type founders— Stock
100
4,000,000 4 in 1901
975,000
$1,000,000, s f., $20,000 vrl.v.,beg.Sep.,'OO.TIe
6 £
Amer. Walt ham Watch Co.— Stock, $4.000.000
Too
4,000,000 10 in '01
American Window Qtau Stook, eotnmou, $13,000.000..
100 13,000,000 See text.
Preferred stook. 7 per cent, cumulative, $4,000,000 ...
100
4,000,000 7 in 190
Woolen— Pref. stock, 7 p. c, oum., $25,000,000
100 50,000,000 7 in 19 1
American
Amer
Vol. LXXIII.
12.500,000
17,000,000
5 g.
5.000.00D
5,000.000 See text.
5,0^0.000 See text.
8,159.500
5 g.
3,000,000
5 g.
15.000.000 See text.
7,00,000
6 g
Q.-F. N. Y., Farm. L. &Tr. Co. Nov. 1/01, Ha
Q.-F.
do
do
Nov. 1/01.2%
M. & N. N.Y. Farm.,L. &Tr.Co. May 1, 1902
Q-J.
& N. N. Y., Merc. Trust Co.
M. & S. By company's ohock.
M.
Oct.
15/01,1%
1, 1926
May
Sep.16,'01,6%
Checks mailed.
Oct.l5,'01,lifl
M & S.
do
do
Sept.3,'01,3»«
Q.— J.15 N. Y., Guaranty Tr. Co. Oct 15 ,'01, 1%
Text
J.
&
J. Boston,
Q.-J.
Q.-J.
Q.-J.
& J.
& J.
Q-M.
J.
J.
«— F.
Hud.
Old
Col. Tr. Co.
July
1,
1919
Hoboken.N. J. Oct. l.VOl.lk
do
do
Oct. 15,'01,l»s
N.Y.,Mero. Tr. &Lond. Jan. 1, 1939
do
do
Jan. 1, 1939
Tr.,
Phila.,
Girard Trust Co, *g.l3,'01,25c:
Auk. 1. 1998
total deductions, including $300,000 depredation,
$559,112; divs. (10 p. c. ou com. and 5 p. c. on pre).), $664,524; balance forward, $168,914. Pres., Lyman R.Hopkins; Pec. and Treas.,
Theo. M. Ives, 260 W. Broadway, N»w York.-(V. 73,p. 289, 3 3, 446.)
American Tin Plate.— See United States Steel Corporation.
year, $160,261;
of
American Tobacco Company.— Organized in 1890 under law!
New Jersey to manufacture and sell tobacco. —See V. 64, p. 515. In
Dec, 1898, sold its plug tobacco interests to the new Continental Tobacco Co., receiving therefor $30,2 7 4,200 pref. and com. stook of the
latter. V. 68, p. 820. See below. (V. 68, p. 128, 1138.) In Feb., 1899,
acquired Union Tobacco Co.— V. 69, p. 128; V.70, p. 533, 896. In July,
1901, 88 per cent in interest of the common stockholders had agreed
to exchange their holdings for 200 per cent in collateral trust 4 per
cents of the Consolidated Tobacco ^o., which see V. 72, p. 1137.
Together with the Continental Tobacco Co. controls the American
Snuff Co. —see statement below— of whose oapital stock, they own
$10,000,0' 0, together with $7,000,000 of the $10,000,000 stock of the
American Cigar Co.— V. 72, p. 531.
Stock.— See pref. certificate in editorial of May, 1893, Sttp. In 1899
authorized $35,0»0,000 new common stock, making total $56,000,000,
of which $21,000,000 was paid May 11, 1899, as a 100-percent stock
dividend, $12,500,000 >vas issued to aoauire Union Tobacco Co. and
$1,500,000 balance is issuable for other purposes. V. 68. p. 426, 471,
617, 669, 925; V. 69, p. 25. Preferred authorized, $14,000,000.
Dividend scrip issued in 1896 as scrip dividend and extended in
1899 is now redeemable only in cash. V. 70, p. 1096. The scrip bears
Interest at 6 p.c, payable "only out of the net earnings of the company
left after the annual payment of 8 p. 0. dividend on the pref. stook."
'97.
'99.
'98.
'00. 1901.
Divid's.— '91 to '95.
1896.
*7
Common... 12% yrly. 6 & 20% scrip. 9
8
6
6
Preferred. .8% yearly (2% quar.) to Nov., '01, inclusive. (V. 69, p. 25.)
'Also 100 p. c in common stock paid on common May 11, 1899.
Latest Earnings. -For 3 mos. ending Mar. 31, 1901, net earnings
were $1,314,661, against $1,542,849 in 1900.
Annual Report for year ending Dec. 31, 1900, was in V. 72, p. 531:
12 Mos. Net Earns. Div. on Pref.
Div.onOom. Int.on scrip. Surplus.
1900.. $6,303,498 $1,120,000 (6%) $3,270,000 $180,834 $1,732,664
1899.. 5,202,384
1,017,741
1,120,000 (6^) 2,872,500 192,143
Officers.— Pres., James B. Duke; Sec.R.
N. Y. office. Ill Fifth Avenue.— (V.
D. Lee.
L. Patterson: Treas..
73, p. 446, 617.)
H.
In 1892 under laws of N
and adv. In 1896 decreased the $5,000,000 common
American Type FonndersOo.— Incor'd
J.
V. 55, p. 625
pref. stock to $4,000,000 (par $100) common stock.
Bills payable Aug. 31, 1900, $596,998.
Dividends on stock: Oct., 1898, 1 p. c, first since reorganization;
Jan., 1899, to Oot., 1901, inch, 4 p. c. per an. (paid Q-J).
annual Report.— Report for year ending Aug. 31, 1900, was in
V. 71, p. 861, showing gross profits after deducting expenses, $356,
157; interest oharges, $75,916; net, $280,241 ; divs..(4 p. 0.) $160,000.
President. Geo. W. Nelson, 27 William 8t.— (V. 72, p. 534.)
Incorporated in Massachusetts
American
in 1854; manufactures "Waltham" watches; factory situated at Waltham, Mass. Dally output of watch movements, 2,200.
and $4,000,000
—V.
62, p. 682.
Waltham Watch.—
Dividends.— ) 1879-95. 1896. 1897. 1898. 1899. 1900. 1901.
25* 8
6
10
10
Per cent.
6
6
J 8 yearly.
In 1899 paid extra cash dividend of 16 3 p c, the stock being increased from $3,000,000 to $4,000,000 by sale to stockholders at par.
In 1900 and 1901 Mar 4 p. c; Sept., 6 p. c, including 2 extra. Balance sl.e t Mar. 2», 1901, V.72, p. 936. (V.7i,p. 391; V. 72, p 986;
V. 73, p 446.)
Gia«s.— Organization.— Incorporated In
American
Pennsylvania on Aug. 2, 1899, to consolidate window-glass plants,
excluding plate glass Said to have 70 per cent of the capacity in
yearly
Dividend on pref. 7 p.
the U. S. (V. 69, p. 335. 744, 1013.)
Mar., 1900, to Sept., 1901. incl. (3>2 M.-S ) First div. on common, 1%
Report —Report for the
p c, paid Oct. 15, 1901.— V. 73, p 339
10^ months ending Sept. 1, 1900 in V. 71, p. 912, showed: Net,
$32(i,687; div on pref. (7 p c). $260,000; bal. sur., $46,687
Officers.—James A. Chambers, President; E. I. Phillips, Secretary;
G. McCandless, Treas. Office, Pittsburg, Pa.— (V. 73, p 339. 393
American Woolen Co. —Organization. —Incorporated Mar. 29,
1899, under laws of New Jersey as a consolidation of the Washington
Mills, Lawrence, Mass.; National Providence Mills. Providence, R I.,
etc., see V. 68, p. 472; see also p. 617; V. 69, p. 77; V 73, p. 416; V. 73,
Statement to Stock Exchange in full was in V.
p. 446; V. 71, p.j4j.
,
Window
W
71,
p 1316
charter, common, $40,000,000; preferred 7
per cent cum., $25,000,000. Authorized bv stockholders to acquire
and finance properties above named and additional plants, $20,000,OOO preferred and $30,000,000 common. Outstanding preferred, as in
Dividends on preferred, July, 1899, to
table; common, $29,n01, 100
Oct, 1901, botli inclusive, 7 p. c. per annum (Q.-.T. 15). Onlyliensare
$405,000 bonds of National-Providence and Chase Mills.— V 71,p.l316.
Earnings.— Report of Jan. 1, 1901, In full InV. 72, p. 3 6, 388,
391, showed: Net profits. Jan. 27 to Dec 31,1900, $2,839 051: previous surplus and ,'idjustmnnt of accts., $1,192,511; dividend* at 7 per
cent per annum, $1,400,000; plant values charged off, etc., $525,912;
President. Frederick Ayer; Treas.. W. M.
net surplus, $2, 105, 650.
Wood. Office, Ames Building, Boston, Mass.-(V. 73, p. 34, 186, 446.)
American Writing Paper Co.— Organization.— Incorporated
In New Jersey on June 25, 1899, as a consolidation of fine writing
paper mills, producing, it was stated, over 84 per cent of the output of
New England States and over 76 per cent of that of the U. S. V. 69,
Sef prospectus, V. 69, p. 128, 227. Common stock, $12,.
p. 25. 128.
500,000; issued, $11,500,000; pref. s'oek and bonds as in table. See
Stock.— Authorized by
:
October
1901
MISCELLANEOUS STOCKS AND BONIS.
J
MISCEU INEOUS.
Date
ol
For explanation of column headings, Ac, see notice on
Bonds
Oral page of tables.
Bethlehem Steel— (0»»).— Beth iron. 1st M., uasum.FP.o*
Brooklyn Ferry— Stock, $7,500,000
New York A Brook vn Ferry, Si mortgage
o*
Consul, mortgage, $7,500.ooo K
Brooklyn Union Uaa- Stock, $15,000,000
sec text)
1st con.. $15,000,000, R\(fur underlying bonds
Buffalo Gas frtoofe, common
Preferied stock, o per cent, non-cumulative
c*
1st mortgage, $5,900,000, red. at 1 15 N gold
Cambria Iron— stock
p. e. guaranteed)
Bonds, g.,red. Jul v l,'02,p.& l.ffu. V. 64, p. 753, 951.0*
Cambria Sled— Stock. $50,000.000
Carnegie Co.— See sited Statkis STEEL Corporation
Celluloid Co.— stock, $6,000,000 authorized.
Central Foundry- Pto k, $7,000,000 Is 7% oum pref....
Debentures, $4,000,000, subj. to call after 1901 ut 105.
Oentrat <£ South American Telegraph — Stock $8,000,000..
Khieago Junction Railways & Dnion Slock lards— Stock..
Preferred, 6 per cent cumulative, pref. also as to assets.
Collateral trust, gold, $ or £
Ce.o*
Mort. and coll. trust ref. gold bonds, $14,000,OOO.S.c\fcr
Value.
lsao
$1,000
1898
1.000
I
,
'
100
1895
—
(
1.000
100
100
:
1897
1,000
50
i
1897
.
Claflin (H. B.) Compan y— Common stock
1st pref. 5 per cent, gold, cum
princiS pref. as to
2d pref. 6 per cent, cumulative.. > pal aud dividends
Colorado Fuel <£ Iron— Common stock, j38, 000,000
.
1,000
50
100
100
t
.
bonds, construction, depreciation, etc., $1,490,057; bal., sur., $61,680.
Officers.— President, Elisha Morsran; Treas'r, George B. Holbrook;
Secretary, E. H. Hall. Springfield, Mass.— (V. 72, p. 5 78.)
Auacouda Cupper Mining— (V. 7?, p. C64
Asphalt Co. of Am.— See Nat. Asph. Co. and V. 71, p. 545, 700, 810.
Associated Tlercnants' Co.— Organization.— Incorporated in
.)
Apr., 1901, in Connecticut, under special charter, and acquired the
following interests in dry goods businesses in the city of New York,
vis.: $4,500,100 of the $9,i 00,000 stock of the H. B. Claflin Co.; 12,OOOot the 1 8,000 shares of preferred and 6 0)0 of the 18,000 shares
of common stock of the Adams Drj Goods Co. and the business of
James McCreery & Co. of 23d St. J. P. Morgan
Co. offered stock.—
V. 72, p. 724. The 1st pref. is txcbangeable at par at the holder's
option into either common or 2d pref. *tock.
Dividends -On preferred stocks, in full to Oct., 1901 (Q -J.).
President, John Claflin.- (V. 72, p. 724,777.)
Bay state Gas Co.— Stock, $100,000,000; par, $50. See p. 170.
Barney Smith Car Co.— See page 170.
&
A
Bethleliem Steel Co.— Organization.— Incorporated
in Pennsylvania April 17, 1899 (V. 68, p. 70). In Sept 1901, most of the Steel
Co. stock was purchased at $24 per share ($1 paid in), by President
Chaa M. Schwab of the U S Steel Corporation The Bethlehem Iron
Co. properties (previously leased) were purchased in Ausr., 1901, in
return for $7,500,000 6 per ceitt gold bonds. See oirculars, V. 72, p.
1282; V.72. p. 1240; V. 73. p 339, 446.724.
Stock, $15,000,000, in $50 shares, on which $1 has been paid. Dividends. 50 cents per share, paid quarterly, Sept., 1899, to June,
1901, incl.; Am-., 1901 (see plan, V. 72, p. 1282), 25 cents. For
year ending Apr. 30, 1901, net, $1,032,492; Iron Company rental,
$450,000; Steel Co. dividends, $600,000; other payments, including
$183.53* charged off. $251,088; bal., def., $218,596; previous sur., $3,463,726; total sur., $3,245,130. V. 72. p. 1240. President, E M. McIlvaine: Sec H. S. Snyder; directors and officers, V. 73, p. 446.— (V.72,
p. 1282; V. 73, p 80, 339, 393, i46, 72
786.)
Boston El. Lt.— (V. 72, p. 629, 677, 1190, 1282; V. 73, p. 443 )
Brooklyn Ferry.— Organization.— Owns ferries from Roosevelt
St., Grand St. and 23d St., New York, to Broadway, Brooklyn, and
from Grand St., New York, to Grand St., Brooklyn; also leases Tenth
& Twenty-third Street Ferry for 99 years from Dec, 1898, at 5 p. o.
en $550,000 bo ds and 5 per cent on $1,000,000 stock. V. 67. p. 1206.
In Nov., l!-00, a franchise was secured for a new ferry from East 42d
8t to Broadway, Brooklyn, to begin about Sept.. 1901. V. 71, p. 1069.
Statement to N. Y. Stock Exchange ;V. 69, p. 1102). Surplus over
clarges in 1900. $97,981. Balance sheet Dec. 31,1900. V. 72, p. 773.
Securities.- Mortgage covers real estate in Brooklyn and N. Y.
and 16steelboat8.-(V.69,p. 1 101. 1105; V. 71,p. 1069; V.72,p. 77 3.)
Brooklyn I nioii t. as.— Incorporated in New York State Sept. 9,
"
,
.
i ,
1895. SeeplanV. 61. p. 831,andV. t>2,p. 1141.
Contract.— Under five-year contract with city in 1897, city receives
gas at $1 per 1,000 cubic feet for first year.and reduction of 2^ cents
per 1,000 each year, paying 90 cents the last year. Private consumers
began at $1 20, with reduction of 5 cents yearly, to $1.— V. 64, p. 887.
Dividends.- 1896 to June, 19C0, 6 p. c. yearlv. paid semi an. (J-D);
Dec, 1900, i p. c 1901, June, 4 p c; Sept , a p. c
Bonds.— Mortgage of 1895 is for $15,000,000 of bonds, subject to
Bonds.
Interest.
Outstanding.
Maturity.
Citizens' Gas.con. (now 1st M.). 5% F. <fe A.
$376,000
Feb. 1,1940
Union Gas L. con. (now 1 si M.). 5% J. & J.
217,000
Jan. 1,1920
Pres.. James Jourdan; Treas., E. R. Chapman.— (V. 71. p. 965.)
Brooklyn
A Warehouse. -See New York Dock Co.
Buffalo Gas.— Organized in Oct., 1899, and consolidated the
Buffalo City Gas Co and Buffalo Gas Light o. Owns entire t took and
bonds of the Mutual Gas Light Co. and about 27.000 of 30,0u0 shares
of stock and $1,980,000 of $2,100,000 bonds of People's Gas Light A
Coke Co. (see V. 67, p. 1 262).
October 1 to Aug. 31. 1901, 11 months, net. $ 72,750. Year ending
Sept. 30, 1900, net, $288,393; int on bonds, $290,250; bal., deficit,
$1,857. V. 69, p. 129. Fiscal year now ends Sept. 30, A. C. Humphreys, 31 Nassau St., Pres.- V. 71, p.
65 106«.
Calumet
Hecla Mining.— Stock, $2,500,000; par $25. Dividends 1895-96, 100 p. c; 1896 97, 120 p c; in 1897-i 8, 160 p. c; in
1898-9, 280 p. c; 1899 00, 320 p. c; 1 i 00-1, 200 p. c; Dec. 1900, 80 p.
- 6C P- °-i Jul y f0 V- c; Oct., 60. Ae to dividend policy in
S^„r Jt'
1901, V. 73, p. 393. Da 900-01 produced 36.327 tons of refined copper, against 49,312 in 1899 and 4 ,450 in 1898-99. Report for year
ending April 30, 1901, in V. 73, p. 235.- (V. 73, p. 235, :93.)
C
br,a steel Co.— Incorporated in Penn. in Nov., 1S98, per plan
,
,
p 688 basing the Cambria Iron Co. for 999 years at 4 p. c
;• 6
on its J'
$8,468,000 stock. Stock, $16,000,000; $1 50 per share paid
6C
1
8,$ V 50Dec 1 -' 99 $! 50Feb.l,$4 50Mav 1.1900.+1 50 Dec
?1
1,1900; ??, each payable June and Dec, 1901. V. 72, v. 138.
$3
In June, 1901, a controlling interest was acquired by the Pennsylvania KK. and affiliated roads and the Reading Co.; harmonious rela
lso be roaimair ed with the U. S. Steel Corporation. V. '
2,
nooo £
p. 1282. Under the plin of readjustment (V. 72, p. 1190), the stock
C a e
lrom *16,0C0,000 ($13 50 per $50 share paid in) to
« the
*oo,ooo'.000, 3 stockholders receiving par in full-paid stock for the
old stock ($13 oO per share paid in), and being allowed to subscribe
;
Wharf
<
:
A
Am
J
i
am
.
oL
>
-
»
£nV™ ™
the
i
roeeeds of the stock solo to be used to pay
Amount
Outstanding
the $3,500,000
'
in
lionets-- Princi-
pal,
Whom.
stacks— Last
Dividecd.
F,b„ 1907
F.
& A.
Pkila. Fidelitj Trust.
J
&'.T.
A A.
N.Y.H.B.Hollins&Co.
F.
By check from
Co.'a
Jan
A."
&
<te
o. N.Y.,ContitieiitalTr
O.
Philadelphia.
&
J.
1900
Q -J.
May
Co
|
do
J.
—F.
Q
I,
1911
1948
Sept. 3, '01,
N. N.Y., Chase Nat Bank.
A.
l.
Auir.
off.
A
M.
When Due.
Where Payable, and by
Payable
cut.
$1,351,000
6 .'.00,000
6
1,000.000
6.500,000
5 g
in 1900
15,000,000 7
14,417,000
5 g.
7.000,000
1,(30,000
5 er.
5,805,000
8,468 000 4 in 1901
218,200
6 g.
45,000,(00
2%
1945
1,
Oct. 1, 1947
Oct. 1, '01. 2%
July
1.
1917
Jne25'01$150
N. Y. Of., 30 Wash.
PI.
Oct.
1, '01,
li«
1
6
6 g
:P
in
&
M."
1901
6 in 1901
5 g. J.
4 g. A.
8 in
1901
5 in 1900
6 in 1900
See text.
N. NY. Bar'g.Magoun&Co.
—J.
-J.
Q —J.
0.
o,
&
&
May
1,
1919
N. Y.. Office. 37^Yall St. Oct. 8, 01, 1>«
N.Y.,Offlce,25 Broad St. Oct. 1, "01, 2%
do
do
Oct. 1, '01, li«
J. N.Y\, Cent. Tr.; London. July 1, 1915
o. N. Y., Standard Tr. Co Apr. 1, 1940
N.Y., Office
Church St Oct. 15. '01,2%
«,- —J.
Aug. 1, '01,1
o,F.
do
do
do
do
Aug l.'Ol, 11*
Q, F.
Oct. If ,'0l,:\
Q -J.
—
—
—
H
existing debt incurred for improvements, additional new construction and working capital.— (V. 73, p. 84, 393.)
Divs. paid per share: In 1*99 $3 50; 1900 $8, of which$4 50 applicable only to assessment; 1901, Feb., 50 cents; May, 50 cents: June 25,
$150, sp.cial under plan of recapitalization.— (V. 72, p. 1138.)
For terms of lease see V. 68, p. 128. Report for year ending Oct.
31. 1900, in V. 72 p. 1P5, showed gross profits, $3,943,258; net over
depreciation, etc., $3,092,387; dividends, i<2. 560,000; bal.. sur., $532,387: total 'urpius Oct. 31,1900, $1,735,517. Directors, Aug 1901,
V. 73. p. 339.-V. 73, p. 339, 446.,
,
Carnegie Co.— See United States Steel Corporation.
Celluloid
Company.— Organization.— Incorporated
Nov. 28,
Stock, $6,000,000; issued $5,925,000; par, $100.
Dividends.— ) 1892. '93. '94. '95. '96. '97. '98. '99. 1900.
1901.
Percent
6
5^ 4 4 4*3 4 4*9 6 7 Inel.Oct.4i«
S
On Dec. 31. 1900, Ik p. c. and 1 p. c. extra was paid.— V. 71, p 1168.
Factories at Newark, N. J.: office, 30 to 3b Washington Place, N. Y.
President M. C. Lefferts; Vice-President, J. A. Bartow; Treasurer, F.
R. Lefferts; Secretary, J. R. Halsey. - (V. 69, p. 1195; V. 71, p, 1168.)
Central Foundry.— Incorporated in New Jersey on July 11.
1899, and acquired manufactories of soil pipe, said to control 95 per
cent of the trade in the United St-tes. V. 69, p. 178. V. 71, p. 1222,
President, John R. Reid; Secretary, G. Schumacher
Treasurer, W.
L. Rogers. Office. 116 Nassau St, New York.- (V. 71, p. 1222.)
1890, in N. J.
;
Central A South American Telegraph.— Owns cable line from
Vera Cruz, Mexico, to Valparaiso, Cnili, 4,750 miles, and land lines
330 miles, etc. Also the Trans-Andlne telegraph lines, 1,200 miles.
Connects at Vera Cruz with Mexican Telegraph Co., and owns an interest in cable between Galveston and Coatzacoalcos, 825 miles, etc.
Dividends, ) 1885. '86. '87. '88-'96. '97.
1898 to Oct., 1901.
Percent.
684
6
7 y'rly
6 yearly (Q.-J.)
In 1890 20 p. c in stock. For 9 mos. ending Sept. 30, 1901, gross,
$710,763; net, $416,537; div. (4^ p. c), $347,652; bal., sur., $68,885.
Year 1900, gross, $927,8b8; net. $475,691: dividends, $463,526.
Office, 37 Wall St.— (V. 65, p. 666; V. 71, p. 1312.)
Central Union Telephone (Chicago).— This company controls
the Bell Telephone business in Indiana, in Ohio with the exception of
Cleveland and Cincinnati, and in Illinois excepting Cook and four
oilier counties. Capital stock is $6,964,'. 05,
of which $3,527,655
is held by Amer. Bell Telephone Co.
subscribers Jan. 1, 1901,68.997.
The stockholders voted on Oct 10, 1901, to reduce the outstanding
stock one-half, viz to $3,481,000, and on Oct. 17 were to vote on
increasing the authorized stock to $10,000,000, the new stock to
be paid for in cash, aud he proceeds used for extensions, etc. Sea
circular, V. 72. p. 1190— (V 73 p. 618.)
Of the $6,000,000 10-20-year gold consol. 5s, due Jan. 1, 1919, $2,500,000 are reserved to retire 1st 6s subject to call at 105 after
July 1, 1906, and $1,000,000 are owned by the American Telephone
A Teleg. Co. -V. 73. p. 44 6; V. 68, p. 379, 472, 570; V. 71, p. 86. See
also advertisemf nt in Chronicle of Mar. 25, 1899.
Report for 1900
in V. 72. p. 479, showed, gross earns.. $2,307,742; net. $317,613. Pres.,
John I. Sabin.- (V. 72, p. 479, 823, 1190; V. 73, p. «4, 339, 619, 786.)
Chesapeake A Del. Canal.— See Sup., Jan., 1898; V. 69, p. 26.
(44
.
1
Chesapeake A Ohio Canal— Sup. 1890; V. 72, p. 875.
Chicago Edison.— V. 72, p 986, 990, 1190, 1240.
Chicago Junction Railways A Union stock Yards.— Organization.— Incorporated in 1890 in New Jersey, and purchased 98
per cent of the stock of Union Stock Yards it Transit Co. of Chicago.
Thus controls over 450 acres of land (with one mile of water front),
containing warehouses, sheds and pens to accommodate 75,000
cattle, 300,000 hogs, etc See Chicago J unction Ry., in "Railroads."
Dividends.— On pref., 6 p. c yearly (Q.— J.). On common 1891, 10;
1892 to Oct IS 01. incl , 8 p. c- yearly (Q-J).—V. 70, p. 328.
Bonds.— The collateral trust bonds are secured bv pledge of over
90 p. 0. of the stock of Union Stock Yard Transit Co Of the $14,000,000 4 per cent bonds. $.0,000,000 are reserved to take up the collateral trust 5s. See V. 70, p. 1251 V. 72. p. 389.
An>ual Report.— Report in V. 72, p. 389, showed:
Tear
ding Dec. 31—
1898.
1899.
1900
Dividends of U. 8. Y. Co., &c
$1,854,311 $1,768,485 $1,699,..82
Balance previous year
84,049
28,382
43,379
General expenses, rents, &c
66,768
64,756
73,845
Interest on bonds
649,625
627,603
646,050
Dividends
910,000
910,000
910,000
Depreciation
90.000
90,00
90,000
Balance.surplu8
$28,381
$84,04 9
$236,912
Un Slock Tds.aTr. Co.— 1900.
1898.
1897.
1899.
Gross earnings
$4,154,481 $3,977,139 $3,731,542 $3,321,421
Netearnings
'2.085,005*2,042,743 *2,023,386
1,932.231
"Includes Chic. June. Ry. in 1898, 1899 and first 3 months of 1900.
Directors.— Chauncey M. Depew (Chairman), E N. Foss, Boston;
National Thayer, Boston; W. J. Sewell, Camden, N. J.; F. H. Prince,
Boston; Albert H. Veeder and P. A. Valentine, of Chicago; Wm. D.
Guthrie and William C. Lane, of New Y'ork; George Peabody Gardner,
Boston. N. Y. office. 40 Wall.— (V. 72, p. 341, 3Ss9; V. 73, p. 140.)
Chicago Telephone Co.-(V. 72, p. 389, 1138; V. 73, p. 44 -,)
Claflin (H. B.) Company.— Incorporated under the laws of New
Jersey in May, 1890, and deals in dry goods. Its premises have a
frontage of 375 feet on Worth Street, N. Y. City.— V. 71, p. 83. Associated Merchants' Co. owns $4,500,100 of the $9,000,000 stuck. Sea
that company above. V. 72, p. 724.
Dividends.— 1890-1892. '93. '94to Apr.,'99. J'y.<fcO.,'99. '00. 1901.
,
;
m
Common,
off'
When
Kate Per
(
5,925.000
4,000,000
1 99
4 ,000,000
ido
7,725,600
100
6,500,000
100
6,500,000
1890
1,000 10,000,000
1900 l.OOO&c 4,000,000
100
3,829,100
....
100
2,600;300
100
2,570,600
100 23,000,000
V. 70 p. 998. Report for 17 mo?, ending Jan. 1, 1901, with balance
sheet, in V. 72, p. 578, showing: Net income. $1,551,737; rut. ou
-
INTEREST OR DTVIDEND8.
Size, or
Par
55
p.
c. 8
.\
early.
Preferred stocks - In
7*2
full to
6(1^
Q.-J.)
Aug., 1901.
2 each.
8
8
156
INVESTORS' SUPPLEMENT.
[Vol.
VMtanA
SHOWING LOCATION OF PROPERTIES.
by
"Oie respective properties are indicated
a
STAB and NUMBER,
ponding to the number
0.
1.
2.
i.
4.
5.
4.
7.
8.
9.
the latter corres-
in this index.
.
General Offices.
Iron Unds.
Steam coal lands.
Laramie Steel Works.
Dry domestic coal lands.
Elk Head Mountains. Anthracite lands.
Domestic coal lands.
Semi-caking steam and domestic coal lands.
Semi-caking; steam and domestic coal lands.
Dry domestic and steam coal lands.
Coke Ovens.
U. Semi-caking: domestic coal lands.
IX. Semi-caking: steam and domestic coal lands.
10.
13.
Coking: coal mines,
14.
Coke Ovens.
15.
Coking: coal mines.
Anthracite mines.
Anthracite mines,
Caking: coal mines.
Clay properties.
Iron lands.
Iron lands.
Iron lands.
Iron lands
It.
17.
IS.
1».
20.
21.
22.
23.
24.
25.
28.
27.
Lignite lands.
Iron lands.
Iron lands.
Domestic coal
Coke Ovens.
]
Works.
29. Limestone Onarrtea
30 Domestic coal mine.
28. Steel
31.
33,
33.
34.
36.
38.
37
DoaoeOs and steam
ooal
mlae
"
38.
39.
"
40.
"
"
"
"
"
"
"
"
"
*
41.
Iron lands.
42.
Ceke Ovena
Domestic and steam coat
43.
lands.
Anthracite mines.
45. Ligmite coal mines.
44 Iron mines
«
Irea lands.
44.
LOCATION
OF THE
COAL & IRON PROPERTIES
OF
The Colorado Fuel & Iron
IN
COLORADO, WYOMING
UTAH
and
NEW
MEXICO.
Colorado
Shown by the Shaded
]
Section.
LXXni.
.
OCTOBER, 190
MISCELLANEOUS STOCKS AND BONDS.
.]
MISCELLANEOUS.
Date
137
INTEREST OR DIVIDENDS.
Size, or
Amount Rate per When Where Payable, and by
For explanation of column headings, Ac, see notes on
of
Par
Bonds Value. Outstanding Cent. Payable
Whom.
first page of tables.
$100 $2,000,000
1901
10,000.000
1880
i'.ob'o
2,765,000
1889
1,000
880,000
1893
1,000
2.674,000
1889
1,000
949,000
Col. Coal A Iron Devel., 1st M., g., gu., red. at 105.o*Jtr 1889
1,000
700,000
Rocfey Mtn. Coal A Iron, 1st M g gu
1901
750,000
Ool.(t Mock. Coal <t Iron— 1st M.g. (old 6s int. reduced) t'.c
1887
i'.obo
876,000
Commercial Cable— 8toek ($15.000,000)
100 13,333,300
First M. unci, deben. £ sto k), $20,000,000. gold ..cfer 1897
20,000,000
$A £
Compressed Air— Stock. $755,000 is 696 uon-cuin pref...
100
7,110.100
1st mortgage. $500,000. gold. Mo. V. 70. p. 844
1900
155,000
1,000
Consol. Gas of Baltimore City— Stock
100 10,770,968
1st mortgage bonds
3,5*4,500
o 1880 500 Ac.
Oonsol. 1st M..gold, $7,000,000. ^eBu
3,253,000
1,000
c* 1888
Consolidated Cos <N. T.)- Stock— $80,000,000
100 72,878 500
Debentures
1,46 ',000
r 1888
1,000
Iron (Concl.)— Pref.8tk,8 p. o. oum.,$2,000,000
Conveit deben., $15,000,000. red. at 105, text
Col. Coal A Iron 1st M., g., ext
o*
Colorado Fuel Co's gen. mort., gold, s. f. red. at 110.. c"
Col. Fuel A Ir. gen. M. ($6,000,000) g.,s.fd.,red. 105.o*&r
Or. River Coal A Coke 1st M.. g. ($125,000 are guar.)o*
Col. Fufl<l
,
,
Bonds of Companies Controllkd.
N.Y.Ed.-N.Y.G.&E.L H AP.l8tM.$15000000,g.Moo*&r
Puruion.M ,$21.0O0,000,g.,sub.tocalltoFeb'02Ce.c*
EiU«on Elec. ill., N. Y., 1st mort.. gold, red. at 110. .o*
First oonsol. mortgage, $15,000,000, gold
o*
Mt. Morris Elec. Lt., 1st M., g., red. at 105 Oct. 1, 1900
N Y. Li»rbt Heat & Power, 1st mortgage
United Elec. Lt. A Power, 1st mort., $5,370,000. Un...
Brush Electric Illuminating, 1st mortgage
1898
1899
1890
1895
1890
1,000
1,000
1,000
1894
1,000
—V.
72, p. 990 and circular V.
Dividends.—
1893. '94.
Common
73, p. 561.
'95.
1^ %
'96.
'97.
'98
1900.
'99.
1901.
Below
o
sc.)
4 sc.
— See behrww
8
4
During 900 40 p. 0. was paid on preferred, completing pavment of
overdue dividends. V. 71, p. 544, 601, 1069. On Feb 15, 1901, 4 per
cent; Aug. 21, 4 p. c. On common, quarterly dividend of 1% p c. paid
July 15. 1901; Oct 15, 1\ p. c.
Latest Eakninos.-Fot 8 mos. ending Feb.28 in 1900-1, net. $1,458,3-6, against $1,441,024 in 1899-0. Report for 1900-01 at length in V.
Preferred
8 (4
'
73, p. 552, 559.
^h
Total
_
Net
Gt'oss
Tear end'g June 30.
1901.
1900.
Fuel department
$5,589,353 $5,105,302
Iron department
6,266,877
4,928,652
Retail dept., ete
390,316
316,076
$12,246,546 $10,350,030
1901.
$969,233
'
1900.
1,333,088
39,733
$1,137,696
1,387,845
26,045
$2,342,059
*2,551,586
Bal.to inc. aect. aft. deduct'g gen. expenses
$2,142,671 $2,349,682
Interest, $329,926; taxes, exchange, etc., $93,886; sinking fund,
$426,938; div. on pref. (32 p. c), $640,000; balance, $651,921.
Officers. -nj. c. Osgooa, Chairman; J. A. Kebler. President; John
~. Jerome, Treas.
-thee Denver, Col. New York office, 71 Broadway.
-(V. 73, p. 140, 393, 552, 5 59.)
Col urn fen » Sc Hocking Coal & Iron Company.—Organized at
Columbus, O., Jan 26, 1883, and owns large coal andiron properties
U3.250 a«res of land) in Ohio. See V. 44, p. 278; V. 63, p. 559.
Organization— Reorganized in 1898 without foreclosure per plan
A} 6?» P- 976, interest being reduced from 6 to 5 per cent.— V. 65, p.
67,976; V. 67, p. 28-see end't on bond V. 66, p. 81. Stock authorized, common, $7,0O0.( 00 (par $l< 0), increased Apr., 1901; outstanding, $6,oo7,60#; balance reserved to retire
$23,100 remaining 5 per
cent preferred stock.— V. 72, p. 1185.
Report— Report for year ending Mar. 31, 1901, V. 72, p. 1185:
Gross.
Net.
Charges.
Bal., sur.
JZ^!? Mar 31
fW-yl
$576,156
$101,*73
$i9,*48
$52,325
1899-00.
450,979
101,138
51,082
49,076
President, Wm. H. Ziegler.-(V. 72. p. 243, 341, 440, 724, 1185.)
<" on,m
erc,al Cable Co.— Owns three cables from Nova 8cotia
) Ireland
one from Ireland to Havre. France one from Ireland to
Bristol, England; one Nova Scotia to New York and one to Rockport.
*Uss., Ac; and one from Fayal (Azores), and New York, via Canso
o ^,^? 11 **' opened), Aug. 1, 1900. V. 72, p. 578. Jan. 1, 1897,
Postal Telegraph Cable Co. was purchased and its stock of $15,000,000
mostly ex changed.* for $, for 4 p. c. bonds. The first mortgage covers
au tne property and leases and also the stocks owned of the various
«°™P a ni« controlled 8ee v 64 P- 951; V. 72, p. 535. Postal Co. Dec.
31, 1900, hadl69,236 miles of wire (land lines), 2,9'. offices.
n/$T™£~ In £ ec " 1899 stock was increased from $10,000,000 to $15000,000 and $3,333,300 subscribed by stockholders.— V. 69, p. 1195.
DrviDENDS.-1889. '90. '91 to '96. 1897-*98. '99. 1900. 1901.
Percent
Us 6
7 yearly.
8
8
8
8
Report.— Fiscal j ear ends Dec.31. Report for 1900 in V. 72, p. 578.
* et
Int., etc.
Reserve.
IHv'ds.
i ,£?£*•
»o £££*!•
96 151
}™°
$2,679,667
$720,000 $1,066,664 $900 000
$:M>
3 356 2 °4
2.343,601
720,000
800,000 1,000,000
f\ir"ii
J. w. Mackay, President, 253 Broadway,
New York.— (V. 72, p. 629 )
l
•
-
-
;
-
>
>
-
,'
-
<
„ v^
>
mp/ e(*"2r* Alr Oo
-
of tbe
Borough of OTanhattan.-OR-
c
i?J
iTv P r P°rated in New York on April 9, 1900. as a conthe American Air Power Co. of New York (see V. 69, p.
i ni£
5 the
lObO) and ?i Compressed Air Motor Co. of Illinois (see V. 70.
p. 635),
to manufacture compressed-air vehicles,
street and railroad cars. etc.
L
w«Cw p R ° me \r£-> ^Ol, acquired control of Roue Locomotive
N Y The Rome Co. had $75,000 6 per cent bonds,
h„ ioXi
due 1904; interest payable at Atlantic Trust Co., N Y., and $150,000
t
1,1921, Morton Trust Co.. N.Y. trus2E «'v! 52k £°« 5s due Jan. payoff the
tee, $7 5,ooo being reserved to
6s at maturity.—V. 71, p
.'<
Vo
.
,
'
W
-
-
5
1168.
g.
F.
6g.
A.
5 g. .T.
5 g. M.
5 g. J.
8 in 1901 Q
4g-
A A.
A A
A A.
A N.
A A
A O.
A J.
A N.
A J.
J
Q.-J.
1st coup,
due Aug.,
*02
It.
N.Y. .Knickerbocker
N. Y„ Atlantic Trust Co.
N.Y., Chase Natl.
Bank
Stocks— Last
Dividend.
Aug.21,'01.4%
Aug. 1, 1911
Feb. 1, 1902
May
Feb.
N.Y.,KnickerbockerTr. July
New York.
Apr.
May
1,
1,
1,
1,
1,
1919
1943
1919
1909
1951
N. Y., Central Trust Co. Jan. 1, 1917
N. Y., 253 Broadway. Oct. l.'Ol, 1*
N.Y., F.L.AT.Co. A Off Jan. 1, 2397
5 g A.AO./6N. Y., Off., 621 B'way. Apr. If, 1920
Baltimore.
June l.'Ol, 1\
53iin'00 J. A D.
6
A J First Nat. Bk.,Balt. July i, 1910
do
July 1, 1939
A J.
do
5 g.
M.15 N. Y. Office, 4 Irving PI. Sept 16, '01, 2
See text
A N. N. Y. Office, 4 Irving PI. May 1, 1908
5
President,
,
,
A D.
A A.
M. A 8.
J. A J.
M. A S.
J. A J.
J. A J
J.
F.
N. Y., Morton Trust Co.
N. Y., Central Trust Co
N. Y., Guaranty Tr. Co.
N. Y.. Morton Trust Co.
N. Y.. Cent. Trust Co.
N. Y., Union Trust Co.
New York.
Henry D. Cooke:
Treas..
1,
1,
Men. 1,
July 1,
Sept. 1,
1948
1949
1910
1995
1940
July
1924
Deo.
Feb.
1,
Henry A. Himely, 621
New York.- (V. 71, p. 184, 865, 1168.)
Consolidated Car Heating Co.— Supplies steam and hot
Broadway,
apparatus for heating railway trains and electric
water
aters for street
cars, etc —V. 70, p. 232. St >ck, $1,250,000; outstanding, $1,130,400;
par $100. Dividends F. A A.
Div's- ) 1892 1893 1894 1895 '96 '97 '98 '99 1900 1901.
Per cent. 5
3
6
1
3*2 1**
3
3
4
7^ Below
In 1899, Feb., Ha p. c; Aug., 2^ p. c. In 1900, 2^ p. c, including
1 p. c. extra; Aug. 1, 5 p. c, including 3^ p. o. extra; 1901, Feb., 2*9
p. c, incl. 1 p. c. extra; Aug., 3 p. c, incl. l*q p. c. extra. Officers and
directors June, 1900, V. 70, p 1252. 413-423 North Pearl Street,
Albany, N. Y.— (V. 70, p. 232, 1252; V. 73, p. 289.)
h-
Consolidated Gas of Baltimore City.— Incorporated May 5
1888 under the laws of Maryland. Stock. -Authorized $11,000,000.
Price of gas was to be reduced on June 1, 1900, from $1 25 to $1 10
per 1,000 cubic feet. V. 70, p. 431, 635, 794, 1097.
Dividends.— > 1891. 1892. 1893 to 1896. 1^97.1898.1899. 1900.
Percent...) 3
5 yearly.
4^
4*4
4
Below
4»s
In 1900, June, 2 p. c; July, 2^ p. c. extra; Dec, 1*| P.O.; 1901,
June, 1% p. c— V. 72, p. 990.
Earnings.— Statement for year ending June 30, 1901, was in V. 73,
p. 662, showing, gross, $1,639,433; net earnings, $720,821; fixed
charges, $377,720; bal., sur.. for div., $313,101.
Officers.— President, Ferdinand C. Latrobe; Sec, N. T. Meginness;
Treas., Jos. W. Clarke; office, 19 South St., Baltimore.— (V. 73, p. 618,
662.)
Consolidated Gas of New York.— This company was organized
Nov. 11, 1884, as a consolidation, and in 1899 00 secured control of
all the other gas companies and of all tin eleotris lighting properties
in Manhattan, New York City. The companies controlled are described below. The N. Y. & Queens Elec. Light A Power Co. is controlled by Consol. Gas interests. V. 73, p. 186. Law regulating price
of gas, see V. 64, p. 1000.
Dividends Formerly 6 per
cent; from June, 1893, to 1898, 8
in 1899, 5 1* p. c; 1900, March, 1 p. «.; June. 1 p. c;
Sept., 1900, to Sept.. 1901. both inclusive. 8 p. c. yearly (2 Q.-J.). In
June, laOO, price of gas was restored to legal rate.— V. 71, p. 137.
p. o. yearly;
Stock.— In Mar., 1900, stock increased from $39,078,000 to $54,595,and in July, 1900, to $80,000,000 to complete the control of the
gas and electric light business in Manhattan, to provide for improvements.etc Of the last issue, 13,648,800 was subscribed for by stockholders at $150 per share and $90J,000 was issued in Feb., 1901; $6,
822,900 to remain in the treasury. The controlled properties acquired
200,
1899 00 are described below. See also V. 70, p. 1293 (sse also p.
1051. 1097, 1197; V 71, p. 184, 544). Office, 4 Irving Place.
Balance sheet Jan. 31, 1901, V. 72, p 436; meeting, V. 72, p. 186.
Officers— President, Harrison E. Gawtry; Sec, Lewis B. Gawtry;
Treas., G. W. Doane.
Trustees— Wm. C Whitney, H. E. Gawtry.
Samuel Sloan, J. P. Huggins, W. Rockefeller, M. Taylor Pyne, Geo.
F Baker, Jas. Stillman, S. Palmer, Frank Tilford, F. A. Schermerhorn,
A. N. Brady, T. F. Ryan.— V. 72, p. 1282; V. 73, p. 186, 495.
(1) NEW AMSTERDAM GAS.
Incorporated Nov, 1, 1897, and consolidated N. Y. A East River and
Eq. Oaf- Light, per plan V. 66, p. 133. Owns entire $7,000,000 stock
of New York Carbide A Acetylene Co.
Securities.— The stock authorized is $13,000,000 of common
stock, $10,000,000 of 5 p. o. preferred, cumulative after Nov. 1, 1900,
New consol. 5s for $1,365,000, preferred stock $1,000,000 and common
$835,000 in June, 1900, were in treasury available for future needs.
Par of shares $100. In Sept.. 1900. over 80 per cent of the outstanding stock had been exchanged for $6,436,598 Consol. Gas 6 per
cent debentures at the rate of $50 and $26, respectively, in debentures
for each $100 preferred and common stock. These debentures have
been exchanged lor Consolidated Gas stock taken at $190 per share.—
V. 70, p. 897," 948, 1052, 1197,1252.
in
.
;
F.
M.
11,500,000
20,890,957
4,312,000
2,188,000
988,000
150,000
4,838.000
275,000
1,000
1,0<>0
Report.— Report for half-year ending June 30, 1901 (V. 73. p. 81).
Net for dividends, $303,0*7, against $612,309 in 1900; interest on 1st
and 2d pref.. $142,125; dividend on common (4 p. c). $153,164; balance, sur.. $7,803. Reserve for com. stk. June 30, 1901, $1,140,905.
Profits for calendar years before deducting any dividends: In 1900,
$914,354; in 1899, $1,247,851; in 1898, $526,545.— (V. 72, p. 89,186.)
Colorado Fuel A Iron.— ( See Map) A Colorado corporation
formed in Oct., 1892, by consolidation [V. 55, p. 373,639,] of Colorado
Fuel and Colorado Coal A Iron companies, fee V. 62, p. 461. In Apr.,
1901.JohnW.ua.es and others formerly identified with the Amer.
Steel A Wire Co (now U. 8. Steel' orporation) purchased a large block
of the stock.— V. 72, p. 724. I a 1901 the annual capacity of finished
steel products was shortly to be 550,000 tons.— V. 73, p. 5ol.
Stock.— Prefened is $2,000,000 8 per cent cumulative (par $100).
On Sept. 25, 1899, the stockholders voted to increase the common
stock from $11,000,000 to $23,000,000, for important additions and
improvements, all being issued from time to time as required, and on
July 13, U<oi, to further increase the same to $.18,000,000 to provide
for o aversion of the debentures. See below.— V. 69, p 494,540,697;
see also circular in full, p. 652, 653, 794, and circulars V. 72, p. 1284.
Bonds.—See application for listing bonds V. 62, p. 461.
The $10.*00,0u0 debentures are oonvertiMe at tho option of
the holder iDto common stock at par from Feb. 1, 1902, to Aug. 1,
1906, inclusive, aud redeemable at the option of the company at 105
after Auif. 1, 1906. The proceeds will be used for the construction of
auxiliary plants to manufacture tin plates, hoops, rods, wire, nails,
etc., the remaining $5,000.0u0 being reserved for additional property.
8 in 1901 F.
F.
5
Bonds — PrinciWhen Due.
pal
(2) NEW YORK EDISON COMPANT.
May 23, 1901, as a consolidation of the N. Y. Gas A Elec
Heat A Power Co. and the Edison Elec. Ilium. Co. of N. Y., the
Organized
Light,
former having
in 1898-99 acquired all, or practically all, the capital
stock of the other leading companies controlling the electrio-light and
subway business of New York City and Yonkers. V. 72, p 1038. In
1899 contract was awarded for power plant located on 1st Ave., between 38th and 39th Streets.—V 69, p. 704; V. 68, p. 1025; V. 70, p.
283, 482. Stock, $45,200,000, all issuable for $36,000,' 00 N. Y. Gas
stock, all owned by Consol. Gas Co., and $273,000 Edison stock not
already owned.— V. 7 2, p. 1038.
Bonds.—The flrst 5s of 1893 (authorized issue $15,000,000) are secured Dy a flrst lien on the ci mpany's new power plant and other property and by pledge of various securities; for list see V. 68, p. 773. 824.
The 4s of 1899 are secured by a purchase money lien on the former
Ed. Elec. Ilium, property, subject to bonds or 1890 and 1895, and by a
second mortgage lien on the remaining property of the consolidated
company.— V. 72, p 939, 1038.
(3) NEW YORK MUTUAL GAS LIGHT CO.
Incorporated in New Yort£ Apr. 17, 1866, under special charter.
Stock, $3,^00,000. of whichoveramajorlty.it is understood, Is held
in the interest of the Consolidated Gas Co. Par of shares, $100.
Dividends—
)
1901.
1894 to 1897. 1898. 1899. 1900.
Since 1893,
3
7
9
9 yearly.
3
f
In 1900, Jan., 1 p. c; July, 2 p. c; 1901, Jan., 4 p. c; July, 5 p. c
(4) STANDARD GAS LIGHT CO.
Organized in 1886. Owns 160 miles of <as pipes north of 13th St.,
pc
New
York.
The Consolidated Gas
thirds of the stock.— V. 70, p. 1099.
Co., it is understood,
owns a two-
ir>s
Utf V
MI8CEIJ .ANKOl'S.
For explanation
column headings,
of
ttrst
page
SU1 fUi^EiNl
EBIOBS
Date
Size, or
Amount
of
Par
Bonds Value. Outstanding
i
of tables.
iitattd 1,'n.f.V. 1\ i-r Cuie'u /<</;
Equitable Gas I. oonsoL (now 1st) -M
Assumed i>v
Debentures, subject to call
New
{
N v & East River Gas 1st mort i;.>ui. t
Amsterdam;
Gas Co.
lBteonsol murt . ($5.0O0,0O0),gold.
I
\
n 1st cons. M.. gold, $20,000.000.. Ce.o**r
t;us, guar. i>. 4 i.. N. V. A
K .. rt-.c'
Central Union
No. [Talon Gas. 1st M.. $1,300,000 g., not guar K.... coStandard (Lis lght, 1st mortgage $1,500,000, gold...c
Comoluitt ft I ok Sin rio'—Com. stick. $82.000,000...
1'ieferreil stock, 7 p. c. lion cuiu., $35,000,000.
..
Oonuoi, Ky.l.ighn.gA Uetriutiuti. q -Stock, $22,000,000.
Tibaeco Stick. $30 000,( 00
Con*
Coll trust M gold, $158,000,000 (see ti \t) Mo. c*A-r
Co>i»<l.
Utiea— 1st M., g., $2,J 00,000.Co...c*
Consolidation Coal Stock
1st 5f., $750,000, g., sink. fd.. red. each Jan. at 105.G...
Continental roharru- Stock, conmioii, $50,000.000
a. pf (as to assets and dlv.) nou cum., $50,000,000
Gold debentures, #2,000,000 (V. 0. p. 331)
Crucible Steel Co. of istsr.—Pref. stock, 7 per cent cum
St. Clair Furnace, 1st M.,g., p. A i. gaar. (end.).PPi.c*
st M.. nolo, guar., $2,230,000 Ul»l .0*
St. Clair Steel,
Cum'erlaiia Telephone <t Telegraph— Stock, $10,000,000..
let mortgage, gold (other bou'ls see text)
Denver Go* it Electric— 1st cons >1. mortgage, gold. Co
Dtnrcr Union Water Co.— 1st mortiruire. £8.000.000. irold
Rate
Vol.
iial.When Dae.
b\
Whom.
Payable
.XXIII
Bonds— Pr;:.ol-
INTEREST OK DIVIDENDS.
Tei
When Where Payable, and
Cent.
1
stocks— Last
Dividend.
-
.
-
1
$1,000
100
i
I
i
896
1894
L895
1
3,500,000
1,500.000
9,635,000
3,250,000
1,250,000
1.362.000
02,000,000
1S97
1897
IS 00
1
1.000
1.000
100
100
100
100
i
.
—
1
Dividknds-1891.
.000
1901
50 &0.
899
1,000
ISO 7
1,000
100
1
100
1598
1599
1894
I
I
I
1
Consolidated Kailway
I.ljili
ling A
11
e frige rating
Co.
in New Jersey in Mar., 1901. to take over, per plan,
677, the Consol. Ry. Electric Lighting & Equipment
Co. (see Sopp. Jan., 1901, and bal. sheet, V. 72, p. 57 ), the Safety
Third Rail Co. and th European Ry Refrigerating Co.. and control
In addition the chloride of ethyl system of car refrigeration.
Of the
stock, $1,410,000 Is to remain in the treasury for future requirements. The sum of $2 per share wa payable under the plan by the
Equipment Co. stockholders. Opposition stockholders* committee, V.
72. p 777,1*36. Factory in Derby. Conn. In Mar., 1900, lighting
system was reported to be in use on 180 cars. No bonds. Halance
sheet of Dec. 31,1900, V. 72; p. 578. Pres. to be John N. Abbott.—
(V. 72 p. 578. 629. 677, 724, 777. 1236; V. 73, p. 84.)
Consolidated Rubber Tire Co— See page 170.
—Incorporated
V. 72,
p.
M.
o
J. IN. Y. Guaranty Trust Co.
J. N. Y., Knick'b'r Tr. Co.
J.
York Office.
New
x.Y..ii.i>.
jr.
Men.
1,
May
1,
1,
Jan.
Jan.
Jan.
1.
l.
Bolllns&Co. July
Nov.
N. N. Y.,H.B.IIollinsA Co.
N. N. Y.. Merc. Trust Co,
Q.-M.
1,
1,
4»2 g.
,
A
A.
£
J. N. Y., Contiu. Trust Co. Jan. 1.
N. Y., Guaranty Tr. Co. Feb. 1
1
J.
do
Jan.
do
Feb.
&
J.
1927
:S27
Sep. 16,01,1%
F.
1901
in
11-48
May 1930
.1.
4 g-
.938
1908
1944
1945
New
Aug.
York.
L,
1951
1930
•AS
25.000,000
3.000.000
2,250.000
sep.30,'01,
Q.— M.
"5'g. F.
5 g. J.
See text.
See text. Q
9 ;o.ooo
5 g. J.
2,-J 00.000
M.
7 500.000
5 «. J.
000
1
M.
i
Oct. l.'Ol.
1.000
lOO&o.
4
&
*
*
J.
do
4SM6.100 71ul901 Q.-J. N.Y., Manhattan Trust.
l.5sl,100
7g. A. & O., Baring, Ma^oun & Co
96. '97. '98. '99.
I
&
eutral Trust Co.
S. N. Y.,
48,844.600
100
1900 100 Ac
100
1901
1,000
1901
1,000
1900 1901.
5
5
June, 2
8
Preferred %... 3% l*v
4
4
5^ ihi 6 8 6 Deo.^ifl Jnc.,3
In June, 1901, dividends on common stock were resumed, and he
V. 72, p. 1241. Office, Third
preferred Increase to a (i per cent rate
Ave. and 40th St., N. Y.-V. 71. p. !li73 V. 72. p. 12 11.
(5) mrrrKD klbctbic light a power co of nbw yohk.
In Jan., 1900, Consolidated Gas interests were officially stated to be
In control. Common stock, $4,000,000; cuinu. pref. stock. $2,000,000.
Consol, Gas of Pittsburg.— See Pittsburg in St. Ry Sdpp.
Consul. Ice.— See Am.Ice Co.— Consol. Lake Super.— See p. 170.
*92. '93. '94. '9^.
Common %
529, 000
*
*
J.
J.
J.
13.885.(33^
17.500,000
30,000,000
See text.
Z, 100.000
10.250.000 2
A-
M. & N.
10,000
1.000*e
1->:»S
M.
$3,500,000
1.000
1.000
i
-
(
Wm.) ramp &
<
hecks mailed.
(
i
& A N Y., Colon Tr.Ai'itts,
& J.iUniou Tr. Co., Pittsh'g,
— M.
Checks mallei.
Apr.
J.
1%
J'ne27.'01,l%
N.Y. Fourth Nat, Bank.
Sons' Ship
1%
1905
Aug., 1910-39
Jan.. 1904 25
& J. N. Y.. Washington Tr. Jan.
& N N.Y..Em. Mo. M. * Co. May
&
1,
July
1.
1.
1.
l.»rt
194.9
1941
A Engine Building Co.— Incor.
Penu. in 1871-72. V. 71, p. 234. Stock. $5,000,000: outstanding,
#4,-4^,000; par #100. First M. gold 5s of 1899, *1 475,000 (interest
M. AS.), due Mar. 1, 19*9, but subject to call $25.(»
yearly at 118
for a sinking fund.— V. 67. p. lolO; V. 68, p. 383. In July, 19 1,
effort-, it «as reported, were being made to effect an amalgamation
wi'h the Vickers" Sons A Maxim (English) Shipbuilding Co,
In
Dividends.—
*92.
)
'93. '94. *95. '96. '9
-
.
'98. '99. '00.
1901.
18
7 None. .. 1^
5
5 Inc.8epi.,3%
Dividends payable Q.-M. 15 at Philadelphia office.— (V. 67, p. 1112.)
Report —Report for 1900-1 In V. 72, p. 11H4. showed $7,319, .Of
gross, over 6 per cent ($29 ,772, against $536,262 in 1899-00) earned
on stock; #20,627,000 orders on hand. Dividends paid, $242,400, 5
p. c, surplus, $49,372.-(V. 71, p 1169,1313, V. 72, p. 139,440, 1134.)
Percent.
S8&20sc. 10
1
Crucible steel Co. of America.— Organization.— Incorporated
on July 21, 1900, under the lawsof New Jersey to consolidate 13 propereto named in the prospectus, V. 71,
ties, including the Park Steel Co
p. 32, ol»iiued to represent about 95 per cent of the output of crucibleStock authorized, common, $25,000,000; pref., 7 per
steel in the U. S
cent cum., $25,000,000; par, #100.
No bonds. Guarantees bonds
of 8t Clair Steel and St Clair Furnace companies
See V 72, p s24,
12-5; V 73, p. 394, 447, 618. Div. (lends on pref., Dec, 1900, to St pt.,
,
,
1901, 7 p. c. yearly (134 p. c. Q.-M.)
President, C. H. Halcomb, Pittsburg, Pa.; Chairman ot Board and
Treas., Reuben Miller, Pittsburg, Pa; Secretary, Frank h Su-ith,
Pittsburg. Pa. Directors, V. 71, p. 1070, 1222; V. 72, 6,7, 777, 1282;
Consolidated Tobacco Co.— Organization— Incorporated in
New Jersey on June 5, 1901, and acquired the greater part of the common stocks of th^- American and Continental Tobacco compauies and
through them control of the American Cigar Co., V. 72, p 1138.1190.
In June, 1901, 8S per c»nt of the common stock of the Amer. Tob. Co.
V. 73. p. 393,618.
snd 99
Telep. A Teleg. <
31. 1900, 57 080.
cent ot that of the Contiu-ntal Tobacco Co. had b> en acSee Bonos below.
In Sept , 1901, the com
its officials, arranged to acquire, for about $4,000,000, the
4400,000 stock and £60,000 4m p-r (• -lit debeutures of the Ogdeu's,
Limited, of Live-pool England manufacturing cigarettes, having already acquired large tobacco interests :n Australia, India and Belfast,
Ireland.- V 7: p 618,724
Stock .v Bonds— stock, $30,000,000; allpaidin; par of shares, $100.
The bonds are issuable only to acquire common stocks of American
and Continental To* acco companies at the rate of $'200 in bond^ for
$100 of American Tobacco stuck and $100 in bonds for $100 of Continental Tobacco, and are secured by stocks of those companies acquired, upon which, as also other property of the Consolidate d Co.,
they are a lien - V. 73, p 339. Balance sheet of Aug. 31, 1901.— V.
73, p 662.
OrncERS. -James B. Duke. President; Thomas F. Rvan, First VicePresident; J. B. < obb, Second Vice-President; C K. Fa icette, Third
Vice President; W.lliam R. Harris, Treasurer; C S. Keene, Secretary,
Directors, V. 72, p. 1138— (V. 73, p. 339,
J. M. W. Hicks, Ass'r Treas
447,618, 662; 680, 724)
pi r
quired.
pany, or
V.72.p 1282.
,
Consolidated Water Co. of Ctica, N. Y.— Incorporated
Nov 1899, and by purchase of existing properties acquired control
,
in
of
the water available for city of Utica, N. Y. V. 69, p.
956, 1064. Stock, co mon, $1,500,000; pref., 5 p. c. non cum., #1,000,000; par of shares, $100. Pres., Geo. L. Record.- (V. 69, p, 1347.)
Consolidation Coal Co.— Incorporated in 1864. Baltimore A
Ohio RR. owns $3,810,000 stock. Coal mined in 1900, 1,166,810 tons,
Owns $1,500,000 stock of Cumberland <v
1899. 1,536,468 tons.
Penn. RR. (which -to) and guarantees its $1,000,000 bonds. Of the
$600,000 bonds issued, $71,000 are and uncanceled in the sinking fund
Dividends since 1883: for 1884 and 1885, 1; for 1886, %; for 1887
l»u; for 1888, 1H from 1889 to Feb., 1901, inclusive, 2 p. c. yearly.
Earnings.- For 1900 in V. 72, p. 436. Pres., C. K. Lord; Sec. and
Treas., T. K smart, 44 South St., Baltimore, Md.- (V. 72, p. 436.)
Continental Cotton OIL—See SUPPLEMENT for July, 1899.
Continental Tob ceo Co.— Incorporated Dec. 10, 1898, under
the laws of New Jersey. Acquired by purchase the entire business
snd assets of the leading manufacturer' >) plug chewing t baoco, including with other- Drummond Tobacco Co., St. Louis, Mo.; Liggett*
St Louis, Mo.; plug business of Amer. Tob. Co.
n T'.iia.
and $3,000,000 P. Lorlllard Co. oomiUMi st ok.— See V. 69, p. 745; V.
acquired $1,581,100 Of $2,000,0 OLorUlard
1\, 0.545, 11
preferred stock at par in exchange for it- 7 per cent gold dt ben
Jointly with American To
tures. V. 70, p. 331, 1051; v. 71, 646.
bacon Co. controls the American Snuff Co.—
ment of latjer. of
whose capital stock the two cos own $10,000,000, together with
OOO.000 of the $10,000,000 (toes ot the, American Cigar Co.—V. 70,
p. 533.
k.
Apr. 21, 1899, Increased the common and preferred stocks
fro
7,500.000 to $50,000,000 each. V. 68, p. 670, 771. In July.
1901, i»9 percent in Interests or the ronimon stockholders agiecd to
exchange their holdings for a like amount of collateral tru-t .->0-> ear
4 per cent gold bonds of the Consolidated Tobacco Co., w h!ch see
above.
Dividends.—Ob pref., O't., 1899,to Oct., 1901,at 7 p. c. perannum.
Latest E whings. -For 3 months ending Mar 3 1, 1901, net earnings
against $1,273,074
900.
wenReport.— R-port for year ending Dec. 31, 1900, with balance sheet,
wa- in V. 72. p. 721, showing: Net earnings, $4,490,858; div. on prof.
.2; bal., nnr., for year, $1,001,730.
(7 p. e.i,
Ohh.kks.- President, James B. Duke; l-t Vlce-Pres.. Cha*. E. HalllDula; Treas H.
well: l<\ Vice IT'-.. Frank H. Ray; 3d Vice Pros.. (\
D. Klngsburv; Bee.. W. H. McAlister. N. V. office, 111 Fifth Ave.—
;. '-77, 72 '. 823, -75,
138; V 73, p 447.)
(V. 7.
practically
all
1
;
1
<
1
•
l
,
1
1
-
t
1
.
Cumberland Telephone & Telejjrapli.— Organized In 1885,
and operates under direct license from American Bell Telephone o.
through Southern Indiana and Illinois, Western Kentucky and T nnes.-ee, and the entire States of Mississippi and Louisiana. Am. Bell
o.
owns $3,898,680
of the stock.
Subscribers Des.
Stockholders in June, 1901, subscribed to #1,247,520 new stock at
par, raising the amount outstanding to #7,4-5,120, payable In three
equal instalments on July 1 and Oct. 1, 1901, and Jan. 1, 1902, or
optionally iu full at once.- V. 72, p 1138.
Dividends.— From 1892 to 1897. both inclusive, 4 per cent; 1898, 5
p. c; 1899, 6 p. c; 19i 0, 6H p. c; 1901, Mar. lh p. o.j June, 1\ p. e.
Bonds. These consist of $939,000 flrtt 5s (see table above); $239,000 20-year deh 5s (lnt AAO), due Feb. 1,1920; #150,000 East Tennessee Telephone gold Os (int. Ja. J), due July 1, lulu, and $1C,009
Ohio Valley Telephone gold Os (int J&J). due Jan.
1908.
Eakmncs.- Report for year 1900, in V. 72. p. 625. showed: Gross,
$1,884,014; net above fixed charges, $515,561; dividends (6 p. c),
1
,
$339,155; balance, surplus, #176,a06.- (V. 73, p. 84, 238, 72 1.)
Denver Gan A I-.lectric.— S!ock, $2,(550,000. See SUPP.July.1900;
V. 72 p. 311. 482.
Denver Union Water Co.— See p. 170
Detroit City Gas.— See p. 170.
Detroit ITIaek.
Marquette Land Grant.— See p. 170.
Detroit Union RR. Depot.— See Sup., Oct., 1897.— V.69, p. 494.
Diamond Match.— Ohganization, Etc.— Organized in 1889
under laws of Illinois. Owns factories at Boston, Mass., Barberton, O.,
Detroit, Mich., Oshkosh, Wis., Oswego, N. Y., etc.; also store properties at Baltimore and Philadelphia, and saw mills at Green Bay, Wis.;
Athol, Mass.; Keene. X. H., etc., Miss., with extensive pine stump age.
Seeli.^t, V. 73, p. 13 V
1893.
1894.
1895. 1896 to Sept. :ooi.
Dividends.*
21i
20
10
10 (2»a quar.)
-nice 1892, p. ct.
S
Stock.— Increased in 1895 to $11,000,000 (V. 59. p. 1058); in 1899
to $15,000,000 to extinguish the $1,250,000 floating debt, increase the
working capital and acquire properties, etc.— V. 69, p. oi'2
Annual Report.— For 1900 in V. 72, p. 336, showed net, $2,01
839; in 1»99, #1.513.767; in 1898, #1,155,997. President, O. C. Barber; Treasurer, J. K. Robinson: Sec'v, R. E. Wirt; Ami., H. C Cranx.
Office, 27 William St., N. Y.-(V. 73, p. 84, 13 5, 140, 238, 49\724.)
A
fi
V
<:<>. of America.— Organization.— Incor, orated In
Jersey on July 11, 1809, under the laws of New Jersey, and
acquired control of the American spirits Mfg. Co., Kentucky Distilleries A Warehouse <'"., Spirits Distributing 00. and Standard Distilling & Distri outing Co. per plan in V. 68, p. 1224— V. 69, p. 1.0.
A mini >er of rve whiskey concerns, including Hannis Distilling Co.,
wera acquired in July, 1899 (V. 69, p. 179, 494. 745). List of constitIn Nov., 1899, it was
uent properties, V. 7 p. 136; V 7l,p *i5
claimed that throi -fourths of the Kentucky whiskey product and about
-5 per cent of the spirit product of the country wore controlled. V.
in-lining
New
,
8
.
p.
957.
Distillers' Association, see V. 71, p. 557.
Stock, Etc.— Stock authorized, common, $70,000,000; pref., 7 per
cent, cum., #55,000,000; to be reduced by cancellation to common
$50,000,000 ami preferred $35,000,000, of which $3,573,000 common ami $3,750,000 preferred wii be In the treasury, leaving the
outstanding amounts #46,427,000 common and $31,250,000 preferred stock. Of these last-named amounts, $1,967,717 common and
$1,831,1*2 preferred held for exchanges of securities of constituent
companies. V. 68, p. 224; V. 70. p. 385. 794; V. 71, p. 646.
cut ten-year collateral trust gold
In Jan., 1901, #5,000.000 5 per
bonds were sold, the same being secured by the stocks of the constituent
companies owned, and $5,000,000 (being the entire issue) Kentucky
1
,
A Warehouse 1st mort. 5s. (See V. 72, p. 90, 186.)
Report.— Net sales of constituent companies for year enrling April
Distilleries
,
1,
p
1901, were $80,116,811, including $45,009,757 revenue tax. V. 72>
1240. Report for the year ending June 30, 1900, with balance
N
October,
-
MISCELLANEOUS STOCKS AND BONDS.
1901.:
MISCELLANEOUS.
D;ite
INTERE81 OR DIVIDENDS.
When
Outstanding Rate per Payable Where Payable, and
Cent.
Whom.
Size, or
Amount
Par
Of
For explanation of column headings, Ac, see notes on
Bonds Value.
first page of tables.
$4,*30.500 Sin 1900 M. & N.
5,055,000
5 g. J. & J.
365,000
5 g. F. & A.
15,000,000 10 in '00 Q.-M.
44,4 9,283
29,418,81s
1,899,000
6g. M. & S.
4,080,000
5 g- J & J
J & J.
3,000 000
8
M & S.
2,711.000
6
8,000,0(0
5 g. J. & J.
AND CO * SOL. Gas Co. of N. Y
4,500,000 See text. Q.-J.
10,450,000
2 in Ap ril,1900
8,125,000
M. & N.
See t«xt
6
2,280.000
2,370.000 See ttxt J. & J.
7,262,000
5 g. J. & J.
See text.
5 in 1900 Q.-J.
A. & O.
1,000,000
6
•5 g. J. & J.
4,000,000
5,000,000
5 g. J. & J.
9,000,00 J
5 g.
$50
On*— Stock, $5,000,000.
1,000
e* 1S9S
Prior lien mortgage, $6,000,000, gold. Co
gold...c.fcr 1893
1,000
Detroit Gas consol. 1st mort. for $4,500,000,
100
Diamond Match —Stock, $15,000,000, list, in Chic &N.Y.
100
Distilling Co. of America— Common stock, $70,000,000..
100
Preferred stock, 7 per cent, cumulative, $55,000,000
1. 000
Am. Spirits Mfg., 1st M., g., call at 105, s.f., 5%. JIa.c* 1895
payyrly-,call at par. He.c* 1901
1,000
Coll tr.M ,g, $5,000,000,'
100
Dominion Coal—Pief., 8 p. c. (com. stock is $lo,000.000)
1893 500 Ac,
1st mortgage, sinking fund, NB.
1899
Dominion Iron <t Weel— 1st
g., $8,000,000, s.f.,see text
JCdison Electric Illuminating— See Kings Co. Elec. Lie, iit & Power
100
Electric Storage Batten/— Pref. stk.,1 p.c.cuui., $5,000,000
100
A""ctric Vehicle Co.— Common stock, $11,000,000
100
Preferred stock, 8 per cent, non-cuni., $9,000,000
1901
1,000
Mortgage, subjeot to call at par, sinking fund
100
Empire Site' J- Iron— Stock, common, $5,000,000
100
Preferred stock, 6 per cent, cumulative
Equitable III. Gns L. Co. of fhila.— 1st
a., red.at 105.
1898
1,000
100
Erie Telegraph <£ Telephone— Stock ($15,000,000)
1894 500 &c
tamo* ( ($1,000,000) 10% red. yearly after 1899
1,000
™i> h\ b \ ($1,000,000) sink, fund., notsubj. to oalL.O* 1896
>iu ous.
1,000
o 1898-9
($5,000,000 formerly debentures
Collateral trust gold notes, $9,000,000.0 K
1901
Federal Steel— See United States Stekl Corporation.
100
General Chem ical Co.— Common stock, $12,500,000
100
Preferred stock. 6 ppr cent, cum., $12,500.000
De'roil City
M
,
Vu
M
™
OB
Distilling Co. of America.— (Concluded.)
*h'et, protit and lo-s account, etc., was given at much length in V.
71, p. 808, 815, showing net earning* of constituent companies,
$1,387,183, and net pro tits of Distilling Co. of
i,erica : $129,737, but
see V. 72, p. 90. Balance sheets of proprietary cos., V. 71, p. 9G J.
Directors.— Samuel M. Rice. President; Thomas Dolan, E. F. CYo'ing, R. A. C. Smith. Samuel Wool er. Wm. P. Harrity, Walter 8.
Wilson, Edson Bradley. E. Mora Davison, John M. Atherton and Alvin
W. Krech: Secretary. Thomas H. Wcntworth. Executive Committee:
Alvln W. Krech, William F. Harrity, S M. Rice, Edson Bradley and
R. A. C. Smith. Office, 27 William St., N. Y.— (V. 73, p. 136, 393.)
Dominion Coal Co.— Dominion Iron A Steel.— See page 170.
Edition El. 111. of Brooklyn.— See Kings Co. El. L. & Power.
A
Edison Electric Illuminating Co. of New York.— See N. Y.
Electric Light, Heat & Power; also April, 1899, Sui\
Electric Boat Co.— Organization.— Incorporated in New Jersey
BasA
on Feb. 25, 1899, and
acquired
all
of
the
capital stock
of the
Launch Co., the Holland Torpedo Boat Co. and the ElectroDynamic Co. etc. v. r;9, p. 97, Par, $100. Issued, common, $4,999,El«ctric
i
600;
pref., $1,745,000.
Broadway— (V.
President. I. L. Rice,
69, p. 697.
70, p. 178, 742, 999; V. 71, p. 32, 1271.)
V.
100
Electric Co. of America.— Organization. —Incorporated in Jan.,
New Jersey. V. 63, p. 85. In 1899-00 purchased control of
1899, in
electric light plants in several cities, later selling some of them. See
li^t, V.70, p943; V. 72, p. 820; V. 73, p. 238, 289, 495.
Stock, $25,000,000; par $50; Issued. $20,403,405, of which $7 50, or $3,060,511,
paid in Jan. l. 1901. Iu June, 1901, consolidation with American
Ra ways Co. proposed, per plan V 72, p. 10*3; plan failed. Under
lyug bODds $34,000 canton O.) Ligh He-it & Power Co. 6s and
#308,000 Auburn (N. Y gold 5s V. 73. p 238. 495
Dividend-, 50 cents pe share, each paid Julv, 1899, to Jan 21.1901,
tncl. (J. -J); July 31, 1901, 25 cts.
V. 73, p. 34. Report for 1900 was
,
)
V. 72,
820.
Officer*.- President, A. Loudon Snowden Directors. V. 72, p 823.
Office, Land Title Bldg., Pliila.— (V 73, p. 84, 238, 289, 495.)
Electric Storage Battery.— Incorporated in 1888 under laws of
New Jersey. Owns basic patents for storage batteries. (V. 69, p. 76,
8" \) Acquired in 18 9 about $4,000,000 stock of Electric Vehicle
Co.
Stock, Etc.— Common, auth., $13,000,000; outstanding, $11,875,000
(pai $100). Preferred, 1 per cent cumulative, see tabled After I p. c.
on preferred, common and preferred share equally. On Jan. 2, 1901,
6 p. c. wai paid on preferred in full to Dec. 31, 1900; A >t. 1, 1*4 p. c;
July, H* p. c Oct.
p. c. On common, Apr. 1, 1901, l^p. c; July
1, 1*4 p. c; Oit l.l^p.c.
In 1899 increased the common stock from
f- "00,000 to $13,000,000, $3,375,000 being allotted to the stockholders at par. —V. 69, p. 7b.
Report.— Report for year ending Dec. 31, 1900, in V. 72, p. 578,
showed: Gross profits, $1,447,520, fixed charges, depreciation, etc.,
f 29/, 760; other income, $168,105; net income, $1,317,365. President,
G-i. H. Day; Sec. and reas., Wm. G. ulapp, Phila. Office, 100 Broad *-y. ». Y.-(V. 72, p. 4fc2, 578.)
ti!
p.
m
;
,
Electric Vehicle Co.— Obganization. Incorporated in 1897
under the laws of New Jersey. On June 20. 19oO, the stockho!ders
voted to increase the stock from $ls:.Ou0,0t0 to $18,< 00,000, and in
pec., 1^00, to $20,000,000. the latter increase being to acquire the
ti.OOO.OO'i stock of the Riker Electric Vehicle Co.. with plant at
-nzabethport, together with the foreign patent rights from A L. Riker
personally. V. 70. p. 1197, 1252; V. 71, p. 1169. See V. 69, p. 850.
As to financial status and investments in Sept., 1901, see V. 72, p 495.
Stock -After 8 per cent on common, dividends are to be divided
pro rata between the common stock and the preferred stock.
Electric Storage Battery Co. in 1 899 owned ab out $4,000,000 of stock.
Stockholders of record Apr. 22, 1901, were offered the right to sub1 1e
1
t0 $ l .675,000 6 per cent bonds, the proceeds to be used to
i v 2°
runa the floating debt and provide working capital— V. 72, p. 778,938.
Report.—Report for 8 mos. ending Aug, 31, 1899, n V. 69, p. 850.
Dividends.— On preferred. April, 1899, 8 per cent; April, 1900, 2 per
On common,
cent.
D c
in 1899, April, 2
since.
None
p c; July, 2
p.
c; Oct., 2 p. c;
o
President, George H. Day.
'
'
"
'
Executive Committee, Philip T. Dodge,
Day and Tlios J. Regan. Office. 100 BroadV. 71, p. 1169; V. 72, p. 186, 77*, 9J8; V. 73, p 495, 786.)
(
s eel
,ro « Co.— Incorporated in New Jersey on March
i FVuaa^T
14, lsyy.y. 68, p. 524. Dividends at the rate of 6 per cent per anincl < J - J ->; in 1901 3 P- °!
*•
«i ir P S,8d' Jnl l h 1899 ' t0 Jul 5" for 190 "' year- 1900, after deducting
!"_ -;-b, P- 926 Net income
cal.
for ex "aorclin ry repairs, $350,918; depreciation, etc., $140.5?A'°i,'
n
iL ?'«,/• for pref (4 ^ P- °). $106,395; bal , sur., *104,523. The
fourth div. "J
the year of l\ p. c. calls for $35,550 additional. PresiLeonard Peckitt, Catasauqua, Pa.; Sec. J.
dent,
Fitzge aid, Cataaauqua, Pa. N. Y. office, 71 Broadway.— (V. 71, p. 1271; V
72, p. 629.)
a. M. BjUesby, Geo. H.
-
A
*
m
'
-
-
M
Equitable Gas Light (of N. Y.)— See Consol. Gas Co.
Equitable 111. Gas Light of Pliila.—See page 170
E»rI ? el rapn * Telephone Co.— Organization— Owns 74 per
cent of £ ?Y
the
,.
Cleveland Telephone Co., 80 per cent of the Northwestern
Telephone Exchange Co., and 82 per cent of the Southwestern Telegraph & . lephone Co., operating in the States of Ohio, Minnesota,
re
North and South Dakota, Texas and Arkansas, under licenses from
lcn owns tne balance or the stock.
t
io £°,k™
9 00 » c <liirfd control of the Michigan and Wisconsin
,x> ii.ii
I
(Bell) Telephone Cos etc In Feb.,
1900, the Telephone Teleg. & Cable
iased 5 001 000 st0 <*.but in Jan., 1901, sold about $2,P
"Sf?n JSw
t0 a i»*
oston syndicate, and this, witn the balance owned hv
i^rTv:i r.
xne caoie Co., f
Has been deposited in a voting trust for two years from
-
*'
'
"
159
4 in 1900
—
by
Last
Dividend.
Stocks
Checks mailed.
Mayl5,'01,2i*
N. Y., Emerson, McM.
Jan. 1, 1923
N. Y., Guaranty Tr. Co. Feb. 1, 1918
By check fr. N. Y. office Sept., 1 901, 2i«
N. Y., Manhat. Tr. Co.
1, 1915
1, 1911
Bost..
L.
Tr. Co, July 1, '01,
England Trust Co, Mch. 1, 1913
of Montreal, Can, July 1, 1929
New
New
York.
Am.
Sept.
Jan.
&
4%
Bank
Checks mailed.
N. Y., 100 Broadway.
do
Oct.
1, '01,
1H
Dec. 29,'99,2%
Apr.16,'00,2%
Apr. 30, 1904
Checks mailed.
July 2, '01, ma
N. Y. Security
Tr. Co, Jan. 1, 1928
Checks mailed.
Jan. U.'Ol.H*
&
Boston, Old Colony Tr,
do
do
do
do
do
Q.-M.
6
Q.-J.
9,086.000
Bonds— Prlroipal.When Due.
1,
1909
July, 1926
July 1,1928-9
do
Jan. 10, 1902
N. Y., 32 Liberty St.
do
Apr.
Sept. 3,*01, 1%
Oct. l.'Ol, 1*3
do
1, 1 901, to secure control by the bankers' syndicate which purbased the collateral trust notes of 1901. See below.— V. 72, p. 186.
Stock— Listed in N. Y.; see V.59, p. 701.—V. 71, p. 1271; V. 72, p.90.
Bonds.—In 1900 the debentures of 1898-9 were secured by a collateral trust indenture dated April 16, 1900, under which additional
debentures may be issued on deposit of stocks of subsidiary companies
of equal par value. V.70, p. 999, 1151; V. 71, p. 32 The $7,500,000
5 p. c collateral trust notes authorized in Jan., 1901, are secured
l>v $9,760,000 stocks and notes of subsidiary companies owned and
were issue.t to retire floating debt (about $6,000,000) and fur improvements and ex'ensions; $1,500,000 additional were issued for impr vements. V. 72, p. 90,244; V. 73, p. 555. Bonds of proprietary
fan.
•
companies include:
Mirh.Telepb. 1st s.d'ie 1917, sasp.'Wi; do thirty-year consol. gold 5s, due
1, lw<29. Obi Colony Trust Co.. Boston, trustee. $4,71o,oo0; Detroit Tele-
Jan.
phone (authorized issue $l.'i(iO,00 ) 1st ^'6-yeargola 6s. rtue Feb, i. 1923. *60U,i'<K). suar. prin. and interest, by Mich. Tel. Co., Central Trust Co.. N.Y., trustee,
sinking fuud beginning 15K2.
Dividends.. ) 1888.
'89.
'90. to '98.
'99.
1900.
1901.
Per cent. .5 4
4
4 yearly
4 X4
5
Jan., 1**
The Apr., 1901, dividend was deferred pending an investigation of
the books; none since to Oct., 1901. V. 72, p. 583, 329.
Report.— Report for 1899 in V. 70, p. 1093. 1100. Directors and
officers, Feb
1901, V. 72, p. 244, 285. The report of the experts in
May, 1901, stated that the cost to reproduce the property, exclusive
of franchises and rights of way, would be $26,300,O0O.-V. 72, p. 875;
V. 7d, p. 84. Office, Lowell, Mass.-(V. ll, p. 285, 583, 629, 8 75; V.
,
73, p.84, 555.)
Federal Steel.—See D. S. Steel Corp. -ra'n— V. 72 p. 139, 285, 440.
Fisheries Co.— See page 171.
General Chemical Co.— Organization, Etc -Incorporated in
New York on
Feb. 15, 1899, as a consolidation of the Nichols
James L. Morgan & Co., N. Y.— V. 68, p. 571.
Chem-
ical Co., N. Y.,
Stock —In Oct.. 1901, the preferred stockholders subscribed to
$826,000 new preferred stock at par, raising the amount outstanding
to $9,086,000, the proceeds being applied towards expenditures for
new plants and new„constiUCtion. V. 73, p. 724
Report.— Report for year ending Dec. 31, 1900, with balance sheet,
in V. 71, p. 281,shoM ert: Net profits, $1,258,946; charged off, $69,471; div., 6p c. on preferred. $493,715; dlv., 4 p. c. on common,
$2^5,364; bal., sur., $369,840. On pref., Oct., '99, to Oct.. '01, both
incl.,6p. c. per an. (1*2 Q.-J.) On common, 1 p. c.paid quarterly on
March 1, June 1, Sept. 1 and Dec. 1, 1900, out of earnings of 10 mos.
ending Dec. 31, 1899; 1901, Mar., I p. c; June, 1 p. c Sept., 1 p. c.
Officers.— Pres., William H. Nichols; Treasurer, James L. Morgan,
Jr.; Sec, Albert Winter, N.Y. 25 Broad dt.-(V.72, p. 281, 285, 823.)
General Electric— Organization.— Organized under a special
charter of New York, Apr. 15, 1892, and manufactures outfits for electric railways and all kinds of electrical supplies. In 1896 pooled patents with Westinghouse Electric & Mfg. Co. V. 62. p. 502. 635, 1040; V.
65, p. 151; V. 68, p 1024. (See V. 68, p. 927).— V. 70, p. 6 9.
Contract
for power, V. 72, p. 583. In June 190' a controlling interest in the
Bri'ish Thomson Houston Co., Ltd., of Loudon, was acquired.— V. 72,
r
;
1-
,
p. 1283.
Stock.—Stock was reduced on Aug. 17, 1898, 40 p c, viz., from $34,712,000 to $18,276,000 co imnon and $2,551,00 preferred.— V. 67, p.
28. 125. 177, 319, 578. 634.
Iu 1900 increased the common stock by $4,415,000, to redeem the
$5,298,000 debentures, which have been largely converted.— V. 70, p.
1293; V. 71, p. 137, 1015, 11J2. The preferred stock has been mostly
exchanged for common stock, share for share.— V. 72, p. 778; V 73, p.
339. In July, 1901, it was understood to b« proposed t" lestore to
the stockholders, in part at least, the reduction in capital made in
1898.—V. 72, p. 1240; V. 73, p. 140.
Dividends.—The accumulated dividends on old preferred to Aug.
13, 1898. aggregated $1,527,654. This amount was paid >y March 8,
1899, and regular dividends at 7 per cent from Aug. 17, 1898, resumed
on the preferred stock. V. 67, p 900, 1160. Dividends on reduced
com., July 15, l>-99, to Julv, 1900, 1^ p. c, quar. (6 p. c. per annum);
Oct., 1900, to Oct., 1901, inch, 2 t .. c. quar., and in Jan., 1901, 1 p. o.
extra.- V. 71, p. 604, 1222.
Annual Report.— Fiscal year ends January 31. Annual meeting
is held the second Tuesday in May. Report for 1900-01, with balance
sheet of Jan. 31, 1901, was given at length in V. 72, p 721, 85; see
editorial, p. 798.
rearena.Jan.31— 1901.
1901.
1900.
1900.
Deduct—
Income—Sales.. $28,7M3,'i7^ $22,379,464 Op. exp.&taxes..$23,585,213 $18,573,603
Royalties, etc.
Int.
and
298,366
Total
8e8,70-
32%943
div....
Saleofsecur.,\c.
389,750
768,146
419,087
$>9,829,652 $21,406,067
Patent expenses
Int. on debent...
\
J
240 040
^ u '"*u
i
}
S53.3P4
281,667
Bal.for div.,&c. $6,004,399 $5,197,463
Balance 1900 01. as above, $6,003,752; div. on pref stock (7%),
$178,5*4; div. on com. stock (8%), $1,549,665; bal., sur., Jan. 31,
1901, $4,276,150. Cash Jan. 31 1901, $2,37:^,683; notes and accounts
receivable and work in progress, $10.65v,246; securities owned, $6,012,300; accounts payable, etc.. $836,933
Officers.—President, C A. Coffin; Treasurer, Henry W. Darling;
Sec, M. F. Westover N. Y. office. 44 Broad St.— (V. 73. p. 339, 24.
Glucose Sugar Refining Co —Incorporated in N. J. Aug. 3,
1897, and purchased nearly all the glucose properties of importance
In the country -see V. 65, p. 327, and application to list in V. 67, p.
1263. Grinding capacity August, 1899, 100,000 bushels daily.
Stocks.— Common stock, ($26,000,000 authorized) entitled to 6 per
cent per annum after the preferred stock has received 7 per cent, and
;
,
;
o
1
.
16*
SUPPLEMENT.
INVESTORS'
MISCELLANEOUS.
Date
Size,
1892
1890
Glucose Sugar Refining—Common stock, $26,000,000
Preferred, 7 percent, cumulative, $14,000,000
Orarui Rapid* Gas Light— 1st M.. g subj -o oall at 110.. 1895
Havana
mmerei'il—Pret. stock, 7%, ciun., $7,500,000..
Notes. $1." 00.000
1900
Hobo ken Ferry— See N. Y. <fc Hoboken FERRY.
Hudson Oounly Gas— 1st mortgage, gold, $10 "00,000.... 1899
Illinois Steel—See United States Steel Coki-krvtion.
Internl Xoriga'.- Pret stock, 8%, non-oum., $10,000,000
1st
gold, $20,000,000, subj. to call text.FP
o" 1899
International Papei Stock, common, $20.000.000
Pref., 6 >V. cum., $25,000,000 (underlying bonds, text)
1st con. M.. $10,000,000, g.Cs.red. af. T 07 at 105.oonv.o* 1898
International P.wrr Co-Common ($7,400,000 auth.)...
Preferred, 6 per cent, cumulative. tV. 71, p. 137.)
International Salt— Stock, $<0,000. 000
M.,g..$12.0t 0,000, Usm.red. at lo5,8.f.,$200.000yr!y. 1901
International Siivei
Stock, oommon, $11,000,000
Stock, preferred. 7 per cent, cumulative, $9,000,000.
1st M., $4,500,000; s. f., called at 110, beg. 1901. Co.o* 1898
Internat'l Steam Pump
Com. stock, $15,000,000...
Preferred stock. 6 per cent, cumulative, $12,500,000.
Worthlngton, pref. stock. 7 p. o. cum, (fee also text)..
AmOUnt
M
—
.
100 Ac.
9,205,-- 00
13,686 000
4 in 190: J.
5 g. F.
100
100
100
100
180
ibo
100
1,000
100
100
100
company.— V. 72, p. 725.
Great Lakes Towing Co.—Organization.— Incorporated in New
Jersey on July 6, 1899, as a consolidation of towboat companies along
the Great Lakes. See V. 69, p. 79, 593; V. 72, p. 778. Stock authorized, common, $2,500,000; pref., 7 per cent non-cum., $2,500,000. Issued Apr 1901, $1,675,000 common and $1,8=2,850 preferred. Par
of *hares$100. In 19007% dlv. on pref. was paid; in 1901, Feb. and
May, none; Aug. 20, 1S» p. o. V. 73, p. 187. Pres. and Treas., T. F.
Newman, Cleveland, O.; Sec, M. H. Wardwell, Cleveland, O.— (V. 73,
,
p. 187.)
Hammond Co.— V. 71, p. 664.
Harrison Brothers A: Co.— V. 73, p. 393, 447.
Havana Commercial Co.— Organization.—Incorporated
New Jersey on Maroh 4, 1899. V. », p. 4'3. Manufactures and
G. H.
In
ex-
Havana cigars and Cuban leaf tobacco (owning also tobaoco
lands). V. 68. » 926; See V. 71, V-S45- Capacity said to exceed 100,000,000 cigars annually V. 69, p. 4*8, 926. Dividends on pref., Oct.,
1699, to April, 1900, 1% p. o quarterly (Q.-J. 1 >i; dividends then
deferred pending payment of $l,5o0 000 notes, due Deo. 1, 1901, frnm
ports
$12,500,000; outstanding, $10,600,000.
Balance sheet of Dec. 31, 1899, was In V. 70, p. 840; bills payable,
$1,747,500. Profit, Mar. 3 to Deo. 31. 1899, $497,844; dlv. (3»a p. o.)
on $6,000,000 pref., $210,000; net profit to Deo. 31. 1899. $2*7,«44.
No report of earnings In 1900. See V. 72, p. 482. Pres., H. B. Hol11ns, New York; Vice-Pres. and Resident Director, Francisco Garcia;
8eo. and Treas., Ford Huntington, 32 Broadway, N. Y.- (V. 72, p. 482 )
Hawaiian Commercial
Sugar Co.—V. 72, p. 820,823.
Herri ng-Hall-Marvln Co.—See p. 171.
Hudson County Gas.—Organization— Incorporated in N. J.
«fc
in
Oct., 1899, as a consolidation of J. C. t±as L. Co.. Peoples' Gas L. Co.
Hudson County Gas. L. Co., the Consumers' Gas Co. of. J. O.
of J. C.
Gas L. Co.— V. 69, p 80,796. Stock. $10,500,000,
and
mo»tly owned by Unit. Gas. fmpt. Co. Of the 5s, *600,000 are reserved to take up May 1 1904, Consumers' Gas Works 1st 6s; and$l,President, E. F. C.Young;
750.01 K) reserved for future requirements.
Treas., Lewis LIUie- (V. 69, p. 957.)
Bayonne&G
,
Intern. Automobile 6c Vehicle Tire—See page 171.
International Navigation Co.— Organization, Etc.— Incorporated In N'. J. on June 6, l>-93. Owns Red Star and American lii es
of steamship-- between New York, Philadelphia, Southampton. Liverpool and Antwerp. Bonds for $7,000,00 reserved for new property.
Loan Is subject to call at par after 1909 and a sinking fund of $250,000 to $500,000 will retire bonds annually, beginning May I, 1905.
>
See V. 68, p. 1076. First div on pref., 2 p. c, July, 1900; in 1901, Jan.,
2 p. c; July, 2 p. c. Common stock Is $5,000 000.— (V. 71, p. 33 )
International Paper.— Incorporated Jan. 31,1898, and took
over by purchase twenty Ave of the principal pulp and paper mills of
the U. H., see V. 67, p. 42- and V. 69, p. 49*; also applications to list
Daily output of finished paper
In V. 67, p. 1359, and V. 68, p. 726.
about 1,500 tons. -4ee prospectus In V. 66, p. 288 and V. 67. p. 177,
also official statement V. 69, p 281. The Continental Paper Bag Co.,
a majority of whose $5,000,000 stock is owned, has built a factory
at Rumford Fs-ll», Me.; its capacity was being Increased In Oct.. 1901,
from 5.000.00* to 10,000.000 bags daily.- V. 70, p. 742; V. 69, p. 4 94.
90*; V. 73, p '86. The American Realty Co. was organized In 1901
to handle some 250,000 acres of land In Maine belonging to the International Company, and made a mortgage for $500,00o.— V. 73, p. 392.
Dividends—On pref., J uly.l 898, to Oct 1901, lnclusive,6p.c. yearly
On Dec. 31, 1898, paid on common. 1 p. o.; in 1899, 2
(l 1^ quar.)
p. c; none since to July, 1901.- V. 69, p. 593, 957; V. 72, p. 1037.
i<8.— Underlying bonds Dec, 1900:
,
Hudson Rlrer Pulp A Paper Co. 6b. subject to call at 105, In whole
Jan
or July i. of any year after i^OT; fiv>.o<Q Ontario Paper Co.
lwl-: ii\<:n* Fai's Paper Mill. (400,0 0: Otis
(Water- own, N. f.l, 8. d'ie Fen.
Kalis P. ilp C*.. 1371, 000; Remington Paper Co. b >nda, %nn 000; C. R. Reming00; Olcott Falls Co. t.onls. IHHO.nOO; *1?i.0O
Piscataquis
ton A Sons Co.. *«
I'.uniford Falls Sulphite 8s.— V. «,, p
4s. 12-0, 0<JO; AmmODOOSic 4s and $460,01
$1,500/"
or In i>art
I
I
.
.
85V; V.
f,«.
p. TiH.
for year ending June 30, 1901, in V. 73, p. 390:
Interest,
T>ividends.
Gross
Cott raw maBalance,
surplus.
income, teri In, mfg. etc. taxes, el- (6%)onpref.
19O0-1 $20,711,902 $16,75",245 $907 267 $1,341,402 $1,709,»88
1899^). 18,707.635
15,5«1,759
842,302
1.344^402
939,172
In June, 1900, entire floating debt was paid off.
V. 70, p. 482
Report.— Report
fiscal
year.
.
1
1,000
that
is
J.
100
Gold & Stack Telegraph Co.— See Western Union Telegraph.
Gramerey sugar Co.—See V. 68, p 232; V.72,p.393, 986.
Grand Rapids Gas-Light Co.— In Aug., 1P01, 95 per cent of
the stockholders bad received $58 in preferred and $17 40 in oommon
stock of the American Light & Traction Co. for each $50 share. See
stock
5g.
1,000
;
Common
.1.-
5g. M.
thereafter to share equally with the preferred In all other dividends.
Preferred, authorized, $14,000,000. No bonds Usued. Dividends.— On
pref. Deo.. 1897, to Sept, 1901, 1 % p. o., quar. (7 p. p. per annum). On
oommon, Deo. 1, 1898, to Sept., 1901, both inclusive (6 p. o. per an.)
Earnings— Report for year ending July.31, 1901, was in V. 73, p.
722, showing: Profit (after writing off $6.<6,990 for betterments and
repairs), $2,123,640; 7 p. o. on pref., $954,681; 6 p. o. on oommon,
$1,441,632 deficit. $272,673. C. H. Matthiessen, President; Chas. L.
Glass, Secretary aad Treasurer. General office, The Rookery. Chicago,
—(V. 70. p. 534; V. 71, p. 286, 664. 808; V. 72. p. 1190; V. 73, p.
289, 722.)
earnings
In 1S01 Q.- J., 15
7
&D.
1
&N
&
&
pal.When Due.
Where Payable, and by
Whom.
Payable
8,150,000
.
•
p„ When
2,214,000
3ifl
A. & O.
24,027.300 6 In 1900 Q -M.
13,638.300
7
-** — M.
1.225,000
5 g. P. .V A.
6.000.000 See text. Q -J.
1,500 000
i
100
—
O:—
t~
Ce nf
100 $24,699,900 8
100
28.000
594.000
.
a
D
Outstanding
1,000
1,000
100
100
Bonds— Prinoi-
INTEREST OR DIVIDENDS.
or
For explanation of column headings, &o., see notes od
of
Par
first page of tables.
Bonds. Value.
General Flectrie—Common stock, $2.1,242,200
Pref. stock 7 per cent cum. (option, see text)
Debentures, g., convertible ($100 stk. for $120 bonds).
Girard Point Storage— lat M..gu. p. &1. Pa. RR
r
[Vol. LXXIII.
Stocks
— Last.
Dividend.
Octl5,*01,2%
Aug. l,»01,3i«
do
N.Y.,Guar. Trust & Bos. June 1, 1922
Philadelphia.
Oct. 1, 1940
Chicago Of., Rookery, S^p. 2, '01,1 »t
do
do
Sep. 2. '01.1%
N.Y.,E.McMillln&Co. Feb. 1, 1915
Check from
do
Co.'s office
Apr.16,'00.1%
Deo. 1, 1901
Tit Guar.&Tr.Co.,J.C.
J.
A. S. Y.,
By
July
check.
Company's
Nov.
ollice.
17,442. 800
Cheeks mailed.
22,406,700
do
6
do
Q.-J.
9,253.000
N. Y., Met. Tr. Co.
6g- F. & A.
6,400,000
600,000
Providence, R. I.
Q.-F.
See text.
See te\t.
New York.
5g.
9,944,700
5,107.500
Q.-J.
N. Y.. Cont. Trust Co.
3.900,000
6g. J. & D N.Y.,T.&P., 71B'way.
12.262,500 See text. Q. J.
8,850,000 6 in 1900 W- F.
N.Y., Of.,26B*dway.
2.000.00O 17 per an. M. & N N. Y., Quarantv Tr o.
Feb.
July
1,
1949
1, '01,
1,
1, '99,
Oct. 1, '01,
Feb.
1,
2%
1929
1%
Us
1918
May.is/di^it
Oct."i,"i951
Apr. 2, '00, 1\
Deo. 1. 1948
Oct. 1. '01,
Aug. 1, '01,1
May, 1901, 3*t
Officers.— President, Hugh J. Chisholm; First Vice-President and
Treasurer, A. N. Burbank; Kec'y, E. W. Hyde. 30 Broad St., N.Y.— (V.
71, p. 867; V. 72, p, 143, 1037; V. 73, p. 390. 394, 447, 794.)
Power Co.—Organization.— Incorporated la
Jersey on Jan. 14, 1899, as the International Air Power, and
In Mar., 1899. In 1899 purchased plants of Rhode
Island Locomotive Works, (sold in 101); American Wheelock Engine Co. of Worcester, Mass., and about June, ll<00, acquired Corliss
Steam Engine Works of Providence, R.I. V. 68, p. 671. First mort.
bonds, 4s, $225,000, due 1919, were issued on R. I. Loo. Wks. and
Amer. Wheel. Eng. Co. and $140 000 mortgage on Corliss plant First
dividend on preferred, 6 p. o. for the year 1899, was paid March 15,
1900; on May 15, 1901, 6 per cent for 1900 and l^ p. o. for first quarter of 1901. See offioial statement, V. 70, p. 432. Report for year
ending Deo. 31, 1900, with balanoe sheet, in V 72. p. 626, snowed
profits of $254. 151. Pres., Joseph H. Hoadley, 253 Broadway, N. Y.
Directors, June, 1901, V. 72, p. 1240— V. 72, p. 626, 629, 939, 1240.
International
New
name ohanged
international
New Jersey in
Snlt
Co.- Organization —Incorporated
in
Aug., 1901, to acquire at least a majority of the stock
of the National Salt Co. (see page 162; and Retsof Mining Co., per plan
V. 73. p. 724.
Stock. Etc.— Of the $30,000,000 stock. $11,350,000 will be used
with $7.500 000 bonds to acquire the stock and bonds of the
National and Retsof companies, so far as may bf, and $7,400,"00 stock
will be issued for expenses of organization, providing $1,000 000
working capital, etc. The remaining $11,250 000 stock, with $t,500,000 oouds, are reserved, and may eventually, if deemed be*t, be used
to purohase the stock, properties or securities of Canadia", Porto
Rico, Great Britain and minor U. S. salt companies, etc. Underlying
bonds, $280,000 Hutchinson Kansas Salt Co., due Jan. 1, 1912, and
any unexchanged bonds of Retsof Mining Co.. being 5s due 1925 of an
issue of $2,500,000. United Salt Co. of Ohio trust certificates (form,
V. 72, p. 286), see Sdpp. of July, 1901.
International Silver.— Organization, Etc.— Incorporated in
Nov., 1898, under the laws of New Jersey and acquired control of
silver-plating properties— see list in V. 67, p. 1160; also V. 68, p. 232,
334, 1024. In 1899 estimated output about 55 or 60 per cent
of the total silver-plating output in the U. 8. Also has a large sterling silver output. Bee application to list in V. 68, p. 334, as to rights
1
of stock, plants, etc. V. 67, p. 1160; V 68, p. 1024; V. 71, p. 54SV. 72, p.
dlv. on pref., 1% p. c, paid April 2, 1900. None since
583. Underlying bonds, $127.60'» Holmes & Edwards, 1st 6s; Roger*
& Hamilton, Waterbury, $30,000; Mlddletown Plate, Merlden. $8,000. Balance sheet Nov. 30, 19<>", V. 72. p. 579. President, Samuel
Dodd Treas., Geo. M. Curtis; Office, 11 Maiden Lane, N. Y.— (V. 68,
p. 1024; V. 70, p. 233, 588, 1197; V. 72, p. 482, 579. 583.)
Co.— Organization.— IncorpoInternational Steam
rated on Mar. 24, 1899, under the laws of New Jersey as a consolidation of Ave companies estimated to do 90 per cent of the steam pump
business of the country, exclusive of high duty engines. V. 68, p. 723,
and official statement in V. 72, p. 673; V. 71, p. 5*5Stock.— Div. on pref: Aug. 1, 1899, to Aug. 1, 1901, both incl., 6 p.c.
per annum, m> Q J.; on common, 4 per cent from the earnings of
the year ending Mar. 31, 1901, payable quarterly, beginning July 1.
V. 72, p. 1191. The stock uniss ed is set apart to retire the $2,000,000 7 per cent cumulative preference shares of Henry R Worthington Co. and £241,800 6 per cent debentures, and * 100,000 8 per cent
Knowles Co. Report for year ending
of
Sreference sharesV. the Blake &showed net profits, $1,772,632; dlv.
tar, hi, 190 1, In
3, p. 81,
on pref. (6 p c ), $531,000; interest, etc., $247,000; bal. for common,
Ounn; Treasurer, Max Nathan. Tem$994,632 President, John
poral y office. Van Brunt and Rapalyea sts., Brookljn, N. Y.— (V. 71,
p. 235, 1070. 1223; V. 72. p. 673, 1191.)
Iron Steamboat.— See SUPPLEMENTof Jan., 1898. V. 71, p. 1118,
V. 72, p. 725; V. 73, p. 35.
Clearfield Coal &. Iron.— See Sdpp.. Jan., 1898,
JeflTerson
and V. 71, p. 185, 238; also Buff. Roch. <fe Pitts, under "Railroads."
Kansas City, Itto., Gas Co.—Organized In April, 1897, In
Missouri and acquired all the property, franchises, etc., of the Kansas
City Gas and Missouri Gas companies. Capacity of 4,000,000 cubic
feet a day; 257 miles of main pipe; meters in use March, 190o, 21,120.
Capital stock, $5 000,000: par, $100. Bonds outstanding, $3,942,000
gold 5s, due April 1, 1922, subject to call at 105. Interest is payable
A. & O. at N. Y. office of Guaranty Trust Co. or M. & N. In London.
Report for year ending Apr. 30, 1901, in V. 73, p. 136, showed net,
$290,310; Interest, $191,783; bal., $98,527. Pres., Hugh McGowan.—
M™
;
Pump
W
&
(V. 73, p,
136.)
Kings County Electric Lliiht 4: Power.—This company, own-
ing a new power station on the waterfront in Brooklyn, aud other
property in that borough, acquired in 18''8, per plan in V. 67, p. 482,
the entire $5,00.»,000 capital stock of the Edison Electric Illuminating
Co. of Brooklyn. The Kings County Co. therefore has control of all
the electric-lighting business in Brooklyn— See V. 69,p. 177, 957. The
Edison Co. operates entire combination. V. '0, p 483. In 1901 contracted to sell 10,000 horse-power daily to the Brooklyn Rapid Transit
Co.— V. 72, p. 1283,
Skcdritibs.— The $5,176,000 purchase money bonds are securea
by deposit of $5,000,000 Edison stock In trust, by a second
mortgage lien on the Kings County plant as now owned or hereafter
acquired, and by $1,000,000 cash guaranty fund to be Invented In
securities approved by the committee— see V. 67, p. 482, 1309. As to
Edison o.'s con ol. mortgage, see V 67. p. 482.842; V. 71, p. 493,
86". On Nov. zl, 1900, $520,000 stook was issued to stockholders at
amount outstanding, $2,500,000. V. 71. p. 1015, 1169.
Bar. making
dvldends June, 1900. to Sept., 1901, l>s p. o. quar. (Q.-M.).
Earnings.— Net earnings of combined properties for year ending
Dec. 31, 1899, making allowance for income from the Investment or
J
October.
—
'
;
MtSCELLANEOUS STOCKS AND BONDS.
1901.
MISCELLANEOUS.
Date
Mil
INTEREST OR DIVIDENDS.
Size, or
Amount
Rate Per Wlien Where Payable, and by
of
Par
For explanation of oolumn headings, &o., see notes on
Whom.
Payable
Bonds Value. Outstanding Cent.
first page of tables.
Kings County Electric Light dt Power— Stook, $2,500,000.
o
1st mortgage, gold, $2,500,000. Col
Puroh. money M., gold, secured by Ed. stook, &o..Ce.c
1st. $10,000,000, g.Mo.c*
Edison El. 111., cons. M., now
Laclede Qas Light— Common, $8,500,000
Preferred stook, 5 percent, cumulative
1st M., g. (There are also $125,000 Car. Gas 6s).Ce.c*
Coupon notes, gold, $500,000
Lehigh Coal <£ Navigation—Stock, $14,366,650
1st M., canal, 6,030 acres coal and76 m. L. & 8. RR...r
r
lstM.,g..Leh. &Sus. RR.(V. 64, p. 41,)gold.FP
.0*
2d M. 1 st M. Nant. RR. V. 65, p. 367.) gold
Cons. 3d M. Canal, Coal & 122 m. RR.; 2d M. 26 m.RR.r
F.P..r
General mortgar for $15,000,000, gold
$100
$2,474,900
2,500,000
5,176,000
4,275,000
100
8,500,000
100
2,500,000
1889 100 «fec. 10,000,000
1901 100 &c.
500,000
50 14,366,650
1864 Various
5,000.000
1867 Various
1,992,833
1867 500 Ac.
1,842,500
1
[
1871
1,000
2,470,750
1884
"i
1,000
3,686,000
c* 1895
1,000
1,500,000
Collateral trust tor $1. 500,000, gold
1,000
1,105,000
Fund. & Imp. M., $7,500,000, g.(ser."A," $2,085,000).o* 1898
1,000 12,175,000
Lehigh dt Wilkesbarre Coal—Con. M. guar.,ext. In 1900... 1875
o 1888
1,000
2,691,000
5s of 1912, sinking fund (not drawn)
Louiseille Bridge Co. and Loui.ir. <6 Jeffer. Bridge Co.— See R AILROA D COMPANIE
100
1,885,005
Maryland Coal—Stock, preferred (no bonds)
10.000,000
Iter gent h aler L inotype— Stock
100
1.912,600
Mexican Telegraph— Stook
50 20,000 000
Motwng Riv. Cons. Coil <t Cukt—Com. stook. $20,000,000
50
9,915.000
Preferred, 7 per cent, non-cumulative, $10,000,000
1,000
9,479,000
1st mortgage, $10,000,000, sold, s. f., eee text. UP! c* 1899
5,963,020
National Asiihalt -Collat. trust ctfs., $6,000 000, gold...
Asphalt Co. of America, col, trust ctfs., $30.000,000, g. 1899 100"&o. 30,000,000
(
1897
1898
1898
1,000
1,000
1,000
Knickerbocker Ice Co. of Chicago.—V. 72, p. 389.
Laclede Gaa Light.—Organization.— Incorporated in 1857, and
In 1889 secured control of all the other gas companies in St. Louis. In
1896 the price of gas was reduced from $1 18 to $1 per 1,000 feet for
Illuminating and 80 cents for fuel gas. Suits V. 66,p.760; V.70,p 534.
In July, 1901, options were being obtained on common stock at par,
with a view to consolidation with other properties.— V. 73, p. 141.
Stock.—$1,000,000 new common stock was sold in 1900-01 [raising
the amount to $8,500,000] for improvements. V. 70, p. 178. The
$5,000,000 coupon notes were issued to refund a like amount matur1,
1901
91. '92. '93
5
5
*95toDec.,'97.'98. 99. '00. 1901
(313 semi-an.) 8
5
5 J'ne^^a
3
3
4
4
Com., p. c.
Bonds.—See application to Stock Exchange in V. 49, p. 657.
annual Report.— Statement of March 31, 1900, with balanoe sheet,
was in V. 70, p. 1017. For year 1900 (including Carondelet Branch,
net earnings were $1,000,730; in 1899, $1,021,373; in 1898, $1,020-,
373; in 1897, $883,059. For 7 months ending July 31, 1901, net,
$562,779, against $533,957 in 1900. New York office, 40 Wall Street.
—(V. 70, p. 1047; V. 72, p. 535; V. 73, p. 141.)
Lake Superior Consolidated Iron mines.— See United
States Steel Corporation.— V. 72, p. 678, 778.
Lehigh Coal Navigation.—Owns canal from Coalport to Easton, Penn., 48 miles, and leases Delaware Division Canal, 60 miles.
Also owns Lehigh & Susquehanna Railroad, Phillipsburg, N. J., to Union
Junction, Pa., 105 miles, with branches, 60 miles, and leases for 999
years Nesquehoning Valley Railroad, 17 miles Treskow Railroad, 7
miles; other lines, 17miles total, 206 miles, of which 115 miles double
tracks but all these roads are leased for 999 years from 1871 to Central
of New Jersey RR., rental being TIZ^ per cent of gross earnings, with a
minimum rentalof $1,414,400. Delaware Div.Oanalis leased for 99 years
from 1866 at interest on the bonds and 4 p. c. on stock, paid as rental.
Bonds. —General M. of 1884 covers, subj. to prior bends, 7,460 acres
coal land, 48 miles canal and 161 miles railroad; bonds are reserved to
retire all prior issues. Ground rents and mortgages, $123,665.
As to collateral trust bonds of 1895, see full statement. (V. 61, p. 154.)
For mortgage of 1898, see V. 66, p. 1139 (under "Del. Div. Canal"),
also V. 67. p. 125; $2,085,000 were issued July 1, 1898, by the trustee
to retire $480,000 Del. Div. Canal 6s and for other purposes, but of
these $980,000 in|Jan., 1901, were reserved in the treasury to provide for floating debt and working capital. V. 70, p. 428.
Jointly and severally with Cent. RR. of N. J. guarantees $1,062,000
Leh. & Hud. River Ry. gen. 5s, prin. and int. (V. 67, p. 788.)
Drvs. since 1889
> '90 '91 '92 '93 '94 '95 '96 '97 '98 '99
1900.
Percent
5
5 5^ 6 4^ 4
4
4
Below
5
In 1900, May, 2^ p. c; Nov., 3 p. c; 1901, May, 3 p. o.
Annual Report.—Report for 1900 was in V. 72, p. 389, 579. Coal
produced in 1900, 2,098,890 tons; 1899, 1,807,733 tons; '98, 1,450,964.
Tear ending Dec. 31.
1900.
1899.
1898.
1897
From railroads
$1,926,175 $1,878,224 $1,504,200 $1,546,138
Canals
10,734
7,403
11,433
6,089
Net profit on Leh. Coal..
500,462
139,060
156,891
296,400
Miscellaneous
186,339
179,435
192,602
235,764
Drvs.—
Pf. 5% cum.
) '90.
[
3
2*2
See text.
5 g. A.
6 g. A.
4 & J.
4 in 1901 M.
5 in 1900 J.
5
5
'94.
6
7
&
;
;
;
44
Total receipts
Int.. rentals, taxes,
Dividends
$2,623,709 $2,204,123 $1,859,782 $2,089,735
Ac. $1,317,799 $1,299,610 $1,300,432 $1,329,601
(5»s) 789,066 (4)573,866 (4)573,866 (4)573,866
Balanoe
sr. 516.843 sr. 330,647 def. 14,516 sr.186,268
Broking fund
97,576
83,802
87,709
92,295
Depreciation
100,000
— (V. 70, p. 1151; V. 71, p. 965; V. 72. p. 389,440, 5 79,778,939.)
Lehigh & Wilkesbarre Coal.— Controlled by Central RR. of New
Jersey and owns 28,909 acres of anthracite coal lands and holds 2,847
additional acres under lease. It operates thirteen collieries and leases
about 4,000 acres of its coal lands to various operators. V. 71, p. 26.
8TOCK.—$10,000,000, of which $9,212,500 outstanding, $6,600,000 of
this being owned by Central RR. of N. J. control of which was acquired
by the Reading Ry. in Jan., 1901. In 1897 mined 2,132,042 tons.
Bonds, Etc.—The consolidated (now first) mortgage of 1875 is for
$15,000,000; the bonds, originally 7s, matured in 1900 and were extended at 4»a per cent interest, both principal and interest being guaranteed by endorsement by the Central RR. of N. J. The balance
unissued is available for improvements, etc The Central RR. of N. J.
in 1900 still held in its treasury $6,116,000 consols and $2,353,000 income B bonds. See V. 71, p. 26, 390.
General Finances.— Bills payable outstanding were $3,200,224;
" other indebtedness," $1,136,249. See V.71. p. 26.
Earnengs.— 10 months, } 1900
Gross, $7,623,768: net, $917,887
Jan. 1 to Oot. 31
$1899
Gross, 7,105,657; net, 660,474
Balance sheet of June 1, 1900, was in V. 71, p. 26. Report for
1897 was given in V. 66, p. 808.— (V. 71, p. 26.)
,
Louisville Bridge Co.— Lou. & Jefferson Bridge.— See RRs.
^ w, a ^* son ?1 nar e Garden.—Owns in fee a block of land in New
York City and building thereon.
.
Stock, $2,000,000 (par, $100).
2 5°.-£21*25r3i lgold 000 nrst 20-year gold 5s, due Nov. 1, 1919, and
$750,000 2d
6s; last coupon paid on latter being that of Nov.,
'
189b, in Feb;. 1897. Second mortgage bondholders* committee: F. K.
Sturgis and W. C. Gulliver; depos'y, J. P. Morgan & Co.— V. 65, p. 620.
O. N. Y., Colonial Tr. Co.
O. N. Y., Central Trust Co.
J. N. Y., Morton Trust Co.
S.
D.
Q.— F.
do
7
J.
g.
Ag.
4*3
J.
&
&
do
Philadelphia, Office.
do
do
do
do
do
do
do
do
do
D.
Q.-F.
M. & S.
J.
Q.-M.
M.
5
&
Dividend.
Sep. 3, '01. 1»«
Oct. 1, 1937
Oct. 1, 1997
Jan. 1, 1939
May
1919
1911
May27,'01.3%
July 1, 1914
April 1, 1914
June 15, 1914
June 1, 1911
May 1, 1924
Sept. 1, 1905
July 1, 1948
June 1, 1910
Nov. 1, 1913
Feb.
g.
4*2
pal.When Due.
Stocks— Last
N. Y.,H.B.Hollins; St.L Sept. 16, '01, 2
do
do
J'ne 15/01, 219
Q.-F.
4g- J.15&D.
4
N.
do
do
do
do
do
do
do
do
do
1,
1,
s.
1900 J.30&D New York, 1 B'dwav. July 1, '01, 24
M. N.Y., 114 Tribune Bld'g 8op.30,'Ol,2»«
See text.
10
J. N.Y., Office, 37 Wall St Oct.l5,'01,2ifl
5 in
7 in 1901
&
J.
5
5
g.
g.
Checks mailed.
J
& O Union Tr. Co., Pitts.. Pa
& J Int. from Jan. 1, 1901
& O Land Titl. & Tr., Phila.
A.
J.
A.
July lO.'O l,3i«
Oct.
Jan.
Apr.
1,
1,
1,
1949
1951
1949
F. K. Sturgis, J. Pierpont Morgan, D. O.
(Oct., 1901)
Charles Lanier, H. H. Hollister, W. F. Wharton, Stanford
Directors
Mills,
g.
g.
&
&
&
&
&
5»flin'00 M. & N.
4ia
Q.-J.
.
guaranty fund, it is stated, amounted to about $625,000; fixed charges
$587,000; bal. for divs., about $38,000. Statement of May 1.1900'
V. 70, p. 1047, balance sheet of Nov. 1, V. 71, p. 1218. President'
Anthony N. Bradv; Treasurer, A. W. Dater; Directors, Jan.. 1900,
V. 72, p. 1283; V. 73, p. 794.
ing Feb.
Q.-M.
Bonds—Prinol-
:
White, W. C. Gulliver, James T. Woodward, W. C. Jordan and James
Young.— (V. 67, p. 690; V. 68, p. 85; V. 71, p. 137.)
Manhattan Beach Hotel Land Co.— See Supp.of Jan., 1898.
Marsden Co.— See page 171.
Maryland Brewing Co.—V. 6^. p. 331, 572; V. 69, p. 1192; V.
72, p. 244, 482, 630, 678, b23, 876, 1037, 1083, 1240; V. 73, p. 35, 84, 289.
Maryland Coal Co.— Controls 6,000 acres of land in Alleghany
and Garrett counties, Md. Stock.— Preferred as in table, and in addition old common, $11,100, and treasury stock, $103,895. The last of
the bonds was paid off in 1897. Coal Droduced was: 321,558 tons in
1900,480,856 tons in 1899; 383.879 tons in 1898. Annual report for
1899, with balance sheet, was in V. 70, p. 685. Surplus earnings in
1900 over interest, etc., were $140 335; in 1899, $157,248; in 1898,
$112,851; dividends in 1900 (5 p. c.) $94,230; sur. for year, $46,105.
Dividends— > '93. '94. '95. '96. '97. '98. '99. 1900. 19014
4
New pf., p.o. ( 2>i 3^ 4>s
5
7 1*
5
BelowIn 1899, Ian., 1H p. c; July. 2 p. c; Dec, 3 p. c.incl. 1 ex.; in 1900'
June, 2 p c; Dec, 3 p. c, incl. 1 extra; 1901, July 1, 2>s p. c Dividend period changed in 1899.— (V. 70, p. 68 6; V. 71, p. 1169.)
Mergentbaler Linotype.— Listed in 1898. Last report in V.
71, p. 810, 962; statement as to rival co's, V. 67, p. 371.
Dividends,) 1894. 1895. 1896. 1897. 1898. 1899 & 1900. 1901.
Per cent. 5
14*3
19
25 20 yearly. Incl. %e>v.,T^
3
8
—(V. 68, p. 1182; V. 69, p. 1009; V. 71, p. 810, 962; V. 72, p 535.)
Mexican Telegraph.—Company organized in 1878 under laws of
New York State. Has a cable from Galveston to Tampico and Vera Cruz.
738 miles land line, Vera Cruz to Mexico City, 267 miles. Also direct
cable from Galveston, Texas, to Coatzacoalcos, Mexico, 825 miles, duplicating the Mex. Tel. and Cen. & So. Am. Co.'s Gulf cable system. Owns
2,125 shares of the Central & So. Am. Telegraph r"o., which see.
Dividends—In 1882 to 1886,inolusive, 8 per cent yearly; from 1887
to Oct., 1901, both inclusive, at rate of 10 p. 0. per annum (2i« Q-T.)
Earnings.— Gross earnings for year 1900, $441,980; net, $283,685;
divs., $191,260. J.A.Scrymser,Pres.,37WallSt.,N.Y.— (V.62,p.682.)
MI1.& Chic. Breweries.—V. 69, p. 1299; V. 71, p. 345.
C.
&
;
Monongahela Kiver Consolidated Coal & Coke
Co.
River Coal Consolidation.")— Incorporated in Penn. in June, 1899, to
consolidate coal interests along the Monongahela River, and coal trafflo to New Orleans, etc., including 200 steamers and 4,000] coal
boats and barges, and coal elevators, etc
Owns between 36,000 and 37,000 acres of coal, exclusive of surface. Reported to have an agreement as to territory with Pittsburg Coal
Co. ("Rail Coal Consolidation "(—which see.
For full list of
constituent concerns taken over Oct. 2, 1899, see V. 69, p. 1065;
see also V. 72, p. 876, 939. In May, 1901, control was purchased of
about 7,000 acres of coal land near Birmingham, Ala., at a reported
cost of about $3,000,000, the Corona Coal & Iron Co. being incorporated to take over the property.— V. 72, p 1191.
Dividends on pref., 7 p. c. yearly, July, 1900, to July, 1901 (T.-J).
A sinking fund of 5 cents per ton of 1 ^ inch coal mined and shipped
will retire bonds annually about Dec. 1 if purchasable in the open
market at a reasonable price; during 1900 $184,000 was canceled.
Report for period ending Oct. 31, 1900, with balance sheet, was in
V. 72, p. 390, showing undivided profits of $495,687 over all charges.
President, John B. Finley; Treas., Geo. I. Whitney, Pittsburg, Pa.—
("
(V. 71, p. 33, 604; V. 72, p.
390, 876, 939, 1191.)
Mount Vernon-Woodberry Cotton Duck Co.— See
States Cotton
United
Duck Corporation.
National Asphalt Co.— Organization.— Incorporated in New
Jersey on May 3, 1900 V. 70, p. 897. Consolidation became operative
Jan., 1901. In Oct 1900, acquired control of the Asphalt Co. of America, and other properties per plan V.71, p. 545, 700; V. 72, p. 244, 286;
see also V. 73, p. 290.
For securities owned by the Asphalt Company of America, see
official statement V.70, p. 993; statement of that company December
31, 1899, with balance sheet, V. 70, p. 530. Stock authorized ($50
shares), common, $12,000,000; pref., 6 p. c. cum. (div. accrue from
Jan. 1, 1901). $10,000 000; of which $425,000 common and $1,975,000 preferred in treasury for future purposes.— V. 71, p. 816. As to
Venezuelan dispute, see V. 71, p. 1272; V. 72, p. 46, 143, 1087, 1283.
The $6,000,000 coll trust 5s of 1 901 are issued by the Equitable
Trust Co. of Philadelphia, as trustee, and secured by the deposit of
$29,922,800 Asphalt Co. of Amer. stock (20 per cent paid in) purchased
under the plan, which see— also as to sinking fund for Asphalt of
,
America 5s.
Bonds of controlled companies outstanding (not owned), $1,000,000
Barber Asp Pav. deb. 6s, due April 1. 1916; £338,000 New Trinidad
Lake Asphalt debenture 6s, due Jan. 1. 1930; $400,000 Alcatraz Co.
debenture 6s, due Jan. 31. 1939. and $275,000 Gilson Asphaltum lsts.—
V. 70, p. 993; V. 71, p. 545; V 73, p. 290.
Statement of Dec. 31, 1900, with balance sheet, V. 73, p. 136. Directors, V. 72, p. 341. President, F. V. Greene; Sec. and Treas., Arthur
W. Sewell.— ( V. 72, p. 393, 1087, 1139, 1240, 1283; V. 73, p. 1 36, 290.)
National Biscuit.— Organized in 1898 and purchased N. Y. Bis.
Co., Am.Bis. & Mfg. Co., etc.— V. 66, p. 288, 901; V. 71, p. S4SDividends.— On pref., in 1898, 5 a4 p. c: 1899, to Aug., 1901, 7 p. o.
(1% Q-F). On com., Jan., '99, to Oct., 1901, incl., 4 p. 0. (1 p. 0. Q-J).
Bonds.— These inclule N. Y. Biscuit first 6s(M&S.),dueMar., 1910,
$952,000; Am. Biscuit & Man. 1st 6s (F&A.), due Aug., 1911, $545,000, and $50,000 5s due $5,000 yearly in October.— V. 67, p. 274.
Annual Report.— Report for year ending Jan. 31, 1901, was In V.
72, p. 390, showing: Sales for year, $36,439,160; net profit, $3,318,355; dividends, 7 p. c. on pref. and 4 p. c on common, $2,843,651
.
INVESTORS'
162
MIM'KLLANEOUS.
Wor explanation
Date
SUPPLEMENT.
Size, or
INTKRK8T OR DIVIDENDS.
Rate per When Where Payable, and
Payable
Cent.
Whom.
Amount
Par
column headings. Ac, see uoteson
Bonds Value. Outstanding
first page of tables.
of
of
$1"0 $29 236,000 4
National B*MUit fXwUHH
100
Pref. stock, 7%. cum., 9*5,000.000. For bonds see text
ino
5,500.000
Smtion.il mrt> > m Common stock, $5,000,000.
100
4,500,000 See text.
Preferred stock. 7 per cent, uou-oum.. (4,500,000.
100
....
15.4il.SOO
No/7 Knamrli'-g <* amm puia— Com. Btoek.*$20,000,000.
100
8,396,600 7 in 1900
Pref stock. 7 per cent, cumulative, $10.000.000
2,500.000
1,000
*-2.5O0 ooo auth., i| payable y'riy...sst 1901
5g.
1st mort
k
50
2,250.000
Sahonnl R/u*-. -Stock. $-4,000 000..
1.800 000
1,000
payable Nov., yearly. I'Pl.e* 1999
6 g.
1st mort.. gold, 9200,00
o* 1901
1,000
See text.
6 g
General mort.. $2,50 .000. g., 8. f.. d'rn at 105. II PI.
100
14,905,400 1 In 10OO
If atonal Lead Co.— Stock, oommou, $15,000,000 auth'd,.
100
14,904.000 7 In 1900
Preferred "tech (7 per cent, cum.) $15,000.000 auth
50.000
5
St. Louis Smelt'g A Rctln'g. mort.. red. in 1905, gu.OTe 1900
100
7,000.000 3»«in*00
FeUii'inl Bait—Stock, oobsb on, $7,000,000
$s,000,000..
100
5,000.000 See text.
Preferred stock, 7 per cent, non-oum.
100
2,594,315
national Starch Co. -Com. stock. $5,000.000
100
July, 1900
4,027,000 8ee text
Pref. stock. 6^ cum., $4,500,000. div. from
3,724,<i0i»
1,000
5g.
Debentures. g„ s. fund, $4,000,000, call at 105.. U»m 1900
....
1,000,000
1,000
6g.
United States Suirar Refinery, gold. 1st mortgage ...
1890
1,000
3,002,000
Co.. 1st mort., gold (sinking fund)
6g.
Nafl Starch Mfg.
Steel— national Ttihe—8ee United States Stee L COR PUB ATI ON.
National
1895
4.000.000
Cotuot. flew— Newark Gas IstM , $4.000,000..
6g.
Newark
0* 1898
1,000
5 274,000
5 g.
Consolidated mortgage. $10 000.000
100
5,000,000 7 In 1901
New Eng. Cotton Tarn Pf. stock, ($5,000,000.7% oum.)
1,000
5.577,000
5 g.
1st M., $6,500,000. gold.NB 8. f. subj. to oall at 110.0* 1899
1,000
16,370,000
5g.
yetc Engl'd Gas <t Coke— 1st mort., $17,500,000, gold.Ce. 1897
-
.
'.
.
President. Benjamin F Crawford; Asst. See.
sur., $474,704.
end Asst. Treas.. J. A. Lewis.— (V. 70. p. 326; V. 72, p. 3«0.)
National Carbon Co.—Organization.—Incorporated In New
bal.,
Jersey on Jan. 16, 1899. V. 68, p. 85, 130. Dividends on pref. July
15. 1899. 1* p. c Oct,, IS* p. o.; 1900. Jan., 1% p. o.; Mar. 15, 1% p. o.
Dividend period changed In Feb.. '00. to Q -F. 15; May '00 to Aug., '01,
1* p. c. quar. Report for year ending Jan. 31, 1901, with bal. sheet,
in V. 72. p. 479. showed: Net earnings. $508,739; dividends (7 p. c )
on prelerred,$3l">.000; depreciations. etc.. $151,456; bal., sur.. $42,283.
Pres., James Parmelee; Treas.. H. E. Hackenberg; 8eo.,H. J Davies.
Main office, Cleveland.-(V. 70, p. 428, 432; V.72,p. 410,479.)
;
A: Stamping Co.—Organization.— InNew Jersey on January 21, 1899. 8ee prospectus in V.
National Enameling
corporated in
68. p. 187. V. 68, p. 474; V. 72, p. 678. Div. on pref , 1900, 7 p. 0.;
1901, Apr., 1% p. o.: JunePO. l*p. o Oct. 1, 1% p. c.
Report for IS monti'S ending June 29, 1901. was In V. 73, p. 336,
showingnet, $1,127,506; dlvideudson pref.. $8 17,063, leaving a surplus
President, Fred'k G. Niedringhaus: Sec. Wm. H.
of $310,438.
Matthai; Treas., Jas E Ingram. N. Y. office. 81 A 83 Fulton St.—
V. 73. p. 239, 336, 348, 496, 725.)
(V. 70, p. 283, 79t
National iilaan Co.—Organization.— Incorporated in Pennsylvania on July 5, 1899, as a consolidation of tableware manufacturing
Interests. V. 69, p. 61. For list of 19 oompanies taken over Nov. 1,
1899, including the ten largest factories outside of the U. 8. Glass Co.,
V. 69, p. 1015. Present capacity, 678 pots. For 8 outside concerns, capacity 280 pots, see V. 69, p. 1015.
Bonds.— First mortgage bonds of 1-99 are payable $200,000 yearly
Nov 1 ,in numerical order beginning with number one, at Pittsburg. Of
the general mortgage bonds to be dated Nov. 1, 1901, $1,800,000 are
reserved to replace the first mortgage bonds (including the $200,000
to be retired Nov. 1. 1901). the remainder for improvements. They
are subject to call at 105 on 30 days* notice for a finkmg fund, which
V. 73, p. 239, 348, *18.
is to receive 5 per cent, of the earnings yearly.
including inveni: LBHTKOS.- From Nov. 1, 1899. to July 14,1900.
;
;
tories, $2,574,518; operating and general expenses, $2,251,012; net
earnings, $323,506. V. 71, p. 345. President, Frank L. Stephenson;
Vice-Pres., A. W. Herron, Pittsburg; "eo., Addison Thompson; Treas.,
Myron L. Case. Office, Pitteburg, Pa (V. 73, p. 339, 618, 725.)
National Lead
—
Company.—Organization.—Organized
under
Jersey on Deo. 7, 1891. It controls extensive plants
in different States for manufacture of white lead and other products.
In Aug.. 19f0, the 8t. Louis Smelting A Refining Co., whose stock is
owned, filed a $1,000,000 mortgage to seoure guaranteed 5 percent
bonds to cover cost of improvements, etc.— V. 72, p. 390
Securities.—The preferred stock is entitled to 7 p. o. per annum cumulative. See editorial of May, 1893, Supplement, and V. 60, p. 349
Dividends.— \ 1892. '93. '94. *95. '96. *97. 1898 to 1900 190L
1
2
3
1% yearly.
Common, p. c. )
Preferred, p. c. 7 per oent yearly (1% Q-M to Sept., 1901, inclusive).
Annual Report.— Fiscal year ends Deo. 31. Annual meeting is held
on 3d Thursday in February. The annual report for 1900 in V. 72, p.
390, gave the following statement: Net earnings, $1,076,441; dividends on preferred, $1,043,280; dividends on common. $149,054; bal
ence for year, deficit, $115,893. In 1899, net. $1,373,906.
Directors.— W. H. Thompson, E. C. Goshorn, F. W. Rockwell, L. A.
Cole, R. R. Colgate, A. P. Thompson, D. B. Shipman, J. A. Stevens,
George O. Carpenter, Edward F. Beale, J. L. McBirney R. P. Rowe
and Charles F. Wells. Pres., L. A. Cole; J. L. McBirney, Treas.; Charles
Davison, Sec. B. Y. offloe, No. 100 William 8t.— (V. 72, p 390.)
Nat. LI nxeed Oil.—Sold to Am. Linseed Co. V. 72. p. 91.
National Salt Co.—Organization.— Incorporated in New Jersey
on March 18, 1899. Annual output increased Oot., 18"9, from
6,300.000 to about 10.000,000 barrels, claimed to be over 90 p. c. of
total output of theU S.,of which 4,850,000 bbls produoed at plants
owned, and balance purchased. V. 69, p. 853. Official statement to
New York Stoek Exchange was in V. 71, p. 1118: V. 68, p. 524. In
Oct.. 1901, stockholders were offered for every $1,000 preferred one
$1,000 five per oent gold bond of the International Salt Co. and one
share ($100) of its capital stock, and for common stock of the Na'lona)
Salt To. an equal amount of International Salt Co. stock. See Interthe laws of
New
national Halt Co. and V. 73, p. 725.
x,K. Etc.—Of the stock. $1,250,000 each of common and preferred, together with the entire $1,000,000 stock of the 'Jnited Salt
Co. of Ohio, is deposited in escrow with the American Trust Co. of
eland, end $1,250,000 7 pur cent preferred and $1,250,000 10 per
centoommon trust certificates issufii against same, interest at these
rates parable J -J.), being practically guaranteed to and including
July 1, 1001. bv certlloates of the Nation *1 Salt Co. attached thereto.
71, p. 1272; V. 72, p. 186,286. In Apr.. 1901, A. W. Lamson and
J. B Zerbe were appointed receive™ of the United Co.— V. 72, p. 725.
DlYiDBNM. -On pref. In full to Ante 1001, on common, l^p. c and
extra »5 p. c. Aug.i 900; Deo .mp.e.; 190i.to Aag..rnel. 4>*p.c (Q.-P.)
Huteliinson-Kan-es Halt f'o., due Jan. I, 1912
Bo1900, with bal. sheet. In V. 72. p 620, 9i 1, shows:
endar year, $1 .267,570. Dividends. $5<-6,981; baL,
7. 72, p '2 J i.
Pre* A. 8. Wnlt»; *eo. and Tree*,, John
imr
W. T Hunter: Asst. Treas., R
White.
Alvin Young; A
N. Y. office. 26 Broadway— (V. 72 p. 1 139, 1288; V. 73, p 725, 794.)
National starch Co.—Organization. Incorporated in N.J. on
Mav 2 1900, as a combination, per plan In V. 70. p. 742. Has
<-r 45,000 bushels of corn dal y.or more than double that
?. Co., and la said to ii<> about 90 per cent of the
of
ie*f of the U.S.
V. 71. p. 392. Operations of tne new
company date from Aug I, 1900. See list .f plant", V. 70. p. 742.
rod am> Bonds —Of the new stock, $2,105,685 common was
reserved In treasury of new company.
*
.
-
.
W
—
i
Q.-J.
M. & S.
Dividend.
Company's
Aug.15,'01,1%
office.
8t. L. Tr. Co., St. Louis,
M. & N. Mellon A Sons Bk, Pitts.
M. & N.
do
do
March. N. Y., 100 William St.
Q.-M.
do
do
J. & D.
do
do
Checks mailed.
See text
Q.-F.
do
do
Q.— F.
J.
J.
M.
&
A
A
J. N. Y.. U. 8 Mtg A Tr.
D. Boston, Int'l Trust Co.
N. N Y.,Chase NationalBk.
.
Q-J.
J.
J.
F.
J.
A D.
-J.
A A.
A D.
%
York, Oet.15,'01,1%
do
Aug.31,'01,1*
In
Q.-F. 15
Bonds— Prlnol
pal.When Due.
by Stocks— Last
A New
1900 Q.-J. 15 Chicago
SS.825.loO 7 In 1900 Q.-F.
do
stoek. $30,000.000
.
Vol. LXXIII.
N. Y.,41 Wall
Bost., N.
A Newark.
Shawmut
New
Bk.
York.
Oot. l.'Ol. 1H,
Sept. 1,'02,11
1901 to 1909
Nov. 1, 1*21
Mch. l.'OO. 1%
8ep.l6.'01.
June
Augl,
1,
1\
1920
'01,
Aug.1,'01,
m
1*
Atig'l'.'oi. l>e
July
Deo.
May
1,
1,
1,
1925
1921
1920
Apr. 1, 1944
Dec. 1, 1948
July l.'Ol, 34
Aug.
Deo.
1,
1,
1929
1937
Earnings over interest, 2 per oent sinking fund, and dividends on
preferred stock, may be used to purchase debentures or preferred
stock. See V. 7 2, p. 187. Div. on pief. l»jp. o. Q. F., Nov. 1, 1900 to
Aug. 1, 1901, inclusive.
Earnings.— Net earnings for D00 were reported as $1,191,239;
interest charges, $440,000; sinking funds, $203,000.
Officers.— Chairman of Board. Joy Morton: President Wm. F. Piel.
Jr.; Vice-Presidents, T. P. Kingsford and Wm. H. n. Coles; See. aud
Treas., J. D. Hlggins, New York.— (V. 72, p. 91, 187, 725, 1191.)
Natloual Steel Co.— SeeTJ. 8. Steel Corporation.
National Sugar Refining.-See page 171.
National Tube Co.— See United States Steel Corporation.
National Wall Paper Co.— Dividends paid in liquidation on
$7,500 000 debenture stock, 65 per cent, including 1 r per cent, paid
Sept. 12, 1901. N. Y. office, 418 Broome Street.— (V. 73, p. 794.)
Newark Consolidated Gas.—Organization.— Incorporated In
New Jersey on Nov. 30. 1898, and owns or controls all the gas plants
tributary to Newark between Passaic and Elizabeth. N. J. Stock,
$6,000,000, all common. Of the $10,000,000 consol. 5s, $4,025,000
are reserved for prior bonds and $701,000 for future improvements
and extensions. Dividends increasing from *s percent per an. in 190001 to 5 p. c. in 1909-10, and thereafter, are guaranteed on the $6,000,ooo stock. Price of gas reduced to $1 per 1,000 cubic ft. April 1, 1900.
V. 70, p. 534. There are $25 000 Montclair Co. bonds due July, 1903.
Leased for 999 years from Deo. 1,1898, to United Gas Impt. Co.
and lease asdgned to Essex A Hudson Gas Co. ($4,325,000 stook of
latter being owned by the U. G. Impt. Co,), buttheU. G Impt. Co. will
for the first, six years be directly responsible for all payments under
lease. Terms of lease, dividends on stook, eto see V. 07, p. 1002.
Pres.,T. A. Nevins; Seo. & Treas., U. H. McCarter.— (V. 72, p. 1139.)
New Central Coal ( ITld. ).— O wns coal lands in Allegheny County,
Maryland. Tons mined in 1898, 203,677; 206,262 in 1897. 188,453
in 1896, 201,826 in 1895, and 151,002 tons In 1894 net profits,
in 1898, $37,397; in 1897, $32,006; in 1896, $23,018. N. Y. offloe. 1
Broadway. In 1898 reduced the stock from $5,000,000 to $1,000,000
,
;
and shares from $100
Divid'ds.—
Since '84
The
)
p. o.
\
to $20. V. 66, p. 901, 1140; V. 64, p. 515.
'86. '8 7 . '88. '89. '90. '91-'94. '95-'97. '98. '99. "00 '01.
1
Apr.,2
11100
Oct., 1900, dividend was passed
(V. 67, p 29; V. 71. p. 700 )
—
New England Cotton Yarn.—A
1901
24
and none paid since
to Oot.»
consolidation of 9 yarn mills
Bedford Fall River and Taunton.— V. 69, p. 28, 81, 181; V. 70.
p. 587. 1294. In August. 1900, the plant was increased from 583,000
to 620,000 spindles. V. 71, p. 345; V. 73, p. 443
Securities.— Stock authorized, common, $5,000,000; pref. (as to
assets and div. and subject to redemption after Jan. 1. 1900, at $140
per share), 7 p. o. oum., $6,500,000, outstanding, as in table. Notes
payable June 29, 1901, $2,947,000.
Report —Report for year ending Juno 9, 1901, with balance sheet,
was in V. 73, p 443 (no income account). First report for 11 *9 mos.
ending June 30, 1900, was in V. 71. p. 286, showing: Net, $' ,398,709;
other income, $5,289; int. and sink fund, $317,125; div. on pref. (7
p.c), $337,500; ad itions, etc., $629,990; bal sur., $119,383.
Dividends.— First div. on pref., 3 H p. c. for 5Ma mos. from July 15
to Dec. 31, 1899. paid Jan. 1, 1900; July, 3k>p. c; 1901.7 p. o.
Pres.. Andrew G. Pierce, New Bedford. - (V. 71, p. 866; V. 73. p. 443.)
New England Electric Vehicle 'fransp, Co.—See p. 171.
New England Gat St Coke.— A voluntary association formed
in 1897, ana contracted with Dominion Coal Co., with mines in Nova
Scotia, for a large supply of coal (800,000 tons or over per annum) at a very low rate. This ooal is converted into coke, and
the gas, which would otherwise be a waste produot, is sold at a
low price (20 cents per 1,000 feet) for heating as well as lighting purposes. The output in Nov., 1900, was stated to be 5,200,000 cubic feet of gas daily and l,?00 tons of coke dally. V. 72, p.
of
New
,
43. As to cost of making gas, contraots, etc. see V. 70 p. 183. In
Oct., 1901, the supply of by-product gas to the Addlcks (Bay State
Gas) companies on the ground of failure to pay $120,000 due therefor was discontinued. See V. 73. p. 794. In June, 1901, plans were
under consideration for funding the floating debt of about $1,500,000,
and o >taiumg additional capital for new coke ovens.— V. 72. p. 1241.
The new company purchased practically all the stook of the Brookline, Dorchester and Jamaica Plain Gas Light Companies, which pur
ohase carries with it the control (through right to vote the stocks deposited as security for 'he Boston United Gas bonds— (see Bay State
Gas statement page 170) of Bay State Gas Co. of Mass., Boston Gas
Light Co., South Boston Gas Light Co. and Roxbury Gas Light Co.;
briefly, all gas companies In Boston. As to litigation with Bay State
Gas Co., see V. 68, p. 1179.
Stock and Bonds.—Capital stock authorized is $17,500,000; issued.
$14,000,000, par $100. First mortgage is for $17,500,000 (redeemable at 105 after Deo. I, 1902), or which $16,370,000 have been Issued V. Oh, p 85) and are secured by a mortgage on all the oompany's
property (coke ovens, land, etc.), and by pledge t ( the following:
(
Total
Brookline Gas Light stock
"
er
Ifloatoc of Indebtedness
Dorchester Gas Light stock
Boston United Gas bonds, 1st series
r
i
I
tued.
$2,000 100
1,615,00
520,'
9,000,0
'0
><)
Pledged.
$1,998,600
1,615,000
517,600
1,000,000
139,800
1,000,000
LlL'ht Co
250,000
Massachusetts Pipe Line Co.(V.«7, p. 275) 1,000.00)
Kui.viNOH.—Companies controlled for 1899 00 in V. 71, p. 1H7.
Statement for first year enalng Dec. 1, 1900, (ovens being in full
operation from Mar. 5, 1900, only) shows net es*rnings sufficient to
Jamaica Plain Gas
-
.
October,
MISCELLANEOUS STOCKS AND BONDS.
190'.]
MISCELLANEOUS.
Date
Size, or
Amount
of
Par
For explanation of column headings, Ac, see notes on
Bonds Value.
first page of tables.
Telephone <t Telegraph— Stock, $20,000,000
Bonds, Ser. 3, 4 & 5. $500.00. »ea., call aft. 10 yrs. at 102
Bonds, Series 6. 7, <fe 8, $500,000 each, not subj. to call
Bonds. *1.00VoOO (see text)
Hew Vork Air Br»ke— Stock. $10.000,000
Hew York Pork -S ook ($10,000,000 * % non-ouui. pref.)
Real «--*t ;tt luorreaires on Baltio property..
1st uiort.. $13,000,000, g., red. at 105, text.Usm..cfcr
H. Y. Oat Elec. Lmht neat it Powet See Consul. Gas.
H. Y. A Hoboken Ferry Oo.— Stook
Hoboken Fer.. 1st oons. M., red. at 110 ($4, 500,000). o'
N. Y. A N. J. Ferry, two inorts. ($600,000 are 1 st 4s)
Hew England
....
$10)
1891-3
1895-9
Outstanding
1,000
1,000
1,000
1900
—
100
100
.
N. Y. & Hoboken Ferry, gen. mort., gold, $4,000,000..
N. Y. Mutual Qas Light—Stock (bonds, see Cons. Oas)...
H. T. Mutual Tel.— Mutual Un.Tel. 1st M., g.,gu., notdr'n.o
Hew York dt Hew Jersey Telephone—Stock, $15,000,000..
M. (now 1st) $1,500,000, g.,8.f.$20.000y'rly,notdr.A.o*
cfer
H. Y. Telephone.— Met. T. A. T., 1st M., g., 8. f
Niagara Falls Power Co.— 1st M.. $10,000,000, g.Ce.cfcr
o
Debentures, gold, oonvert.. $3,000,000 (text).Mp
do convertible, $3,000,000 (text)
do
1896
1896
1898
1,000
i'.obo
100
1881
1,000
100
100
1890
1888
1891
1.000
500
1900
1901
HiUsBeinent Pond Oo.— Stook, common $5 000,000
Pref. stock.
%. ouiu., $3,000,000. call in 1911 at 105..
Pratt .v Whitney. 6 p. o. cum. pref. stock, guar., text...
Ac
1,000
100
100
Too
Horth American—Stook, $12,000.000
Ohio * Ind Nat't <£ IUum Qis— Stook. (Bonds see text)..
Stook, pref., 6 p. o.. non-onm. $4,500,000
Oti* Etevato)
—
Ac
1901 500
100
100
.
fixed charges and expenses within $8,174, interest at the end of
the year being more tban earned.
Trustees.—Trustees of N. E. Gas A Coke Co. are as follows: George
G. Haven, Robert C. Pruyn, Stephen Peabody, W. L. Elkins, Jr., WilUan Fllnn, H. M. Whitney, Henry F. Dimook, Wm. L. Elkins, A. N.
Brady, Em. MoMillin, R. W. Lord. Almerio H. Paget.— (V. 73, p. 7i?4.)
England Telephone Telegraph.—This company does a
telephone business in Maine, New Hampshire, Vermont and Massachusetts under license from the American Bell Telephone Co. On January
1,1901. it had 75.121 stations in all, against 60,711 in 1900. Of capital stock a majority is owned by American Telephone & Telegraph
The bonds are debentures, but are to he
(Bell) Co.— V. 70, p. 40.
secured by aDy mortgage placed on the property. Authorized stook
increased in 190i» from $15,000,000 to $20,000,000, the proceeds to be
used for construction in 1901 and 1902.— V. 72. p. 1241.
Dividends.— ) 1886-93. 1894. 1895. '96. '97. '98. '99. 1900. 1901.
4*3
5*3 6
4
5
6 6 To Aug, -Ha
$ 3^ yearly.
Percent.
Annual Report.— Fisoal year ends Dec. 31. Report for 1900 was
In V. 72, p. 934, showing gross earnings $4,518,396; net over inter
est. maintenance, taxes, etc., $896,752; dividends (6 p. o.) $838,635;
balance, but. for year, $58.117— (V. 71, p. 33; V. 72, p. 934, 1241.)
Cincinnati Bridge Co.—See Railroad Cos.
Newport
York Air Brake.—Incorporated under lawsof New Jersey,
Works at Watertown, N. Y.; capacity, 300 sets of car brakes a day.
In 1896 dividend 6 p. o.; in 1897 and 1898 none; Oct.. 1899. to
Oct., 1901. incl.. 2 p. o. quar.(8 p. o. per an.). The stockholders voted
Aug. 16, 1899. to increase the stock from $5,000,000 to $10,000," 00.
Of the new stock $1,250,000 was subscribed for by stockholders at par
($100) for extension of business, and $1,562,500 additional for the
same purpose in May, 1901— V. 69,lp. 181, 388: V. 72, p. 876. In March,
1900, had no bonded or floating debt. As to favorable decision In
July. 1899, in patent litigation, see V. 69, p. 181, 442; V. 70, p, 636.
Directors.— President, C. A. Starbuck, 66 Broadway; Vice-Prest.,
Daniel Magone; Secy, and Treas., John C. Thompson; Asst. Treas.,
0. H. Chaffee, Fred. Flower, H. A. Rogers, J. C. Young, Anthony N.
Brady, Thomas C. Purdy and George B. Massey.-(V. 72, p. 876.)
Dock Co.— Org a»hz vtion.— Incorporated on July 18,
1901, as successor of the Brooklyn Wharf & Warehouse Co., foreclosed
June 11, 1901. and reorganized per plan V. 72, p. 937. Possession
taken Aug. I, 1901. V. 73, p 239. Owns water frontage in Brooklyn
11,532 feet and leases 621 feet. V. 60, p. 927; V. 71, p. 237, 289.
Robinson stores, V. 63, p. 115, 701.
Stock and Bonds.— A'ter 5 p. c. on preferred both stocks to share
equally. Of the oonds, $455,000 are reserved to retire the Baltic real
estate mortgages and $1,420,000 for future extensions and improvements. Property ot neerted may be sold and proceeds applied to improvements or cancellation of bonds.
Earnings.—Tbe accounts of the receiver of the old comoany for the
year ending Jan. 31, 1901. showed earnings, $613,201. Interest
charges under the p'an will be $467,750 yearly, to be increased by interest on $1,420,000 first mortgage 4s (or $56,800 annually) when si Id
for improvements. The earnings are expected to be largely increased upon completion cf improvements provided for by cash
($2 745,000) raised under plan. Directors, V. 73, p. 141.— (V. 72, p.
1190; V. 73, p. 141, 239, 290, 680.)
York East River Ferry.—Owns the "Astoria" Ferry between Astoria, L. I and foot of 92d St., New York, and has three ferryboats. Capital stook, $750,000; dividends are payable Q.— M.
Dividends.-) 1895. 1896. 1897.1898.1899. 1900.
1901
5*« Incl.Sept.^^
Percent.
4
4 1*
5
5
3
J
In 1900, Mar., 1*4 p. o June, 1*4 p. c; Sept., 1 *$ p. c; Deo. 15, l's p. o.
In 1901, Mar., 1 >* p. c June, l 1* p. a; Sept., 1^ p. c.
Bonds, $750,000 1st 30-year golu 5s due Nov. 1, 1922, Interest M.-N.,
at Kings Co. Trust Co. Directors— William A. Nash. Theo. F. Jackson, H. K. Knapp, E. Lehman and Roswell Eldridge.— (V. 71, p. 392 )
meet
A
New
A
New
VfwYork
i
New
A
,
:
;
New York*
East River Gas Co.—See New Amsterdam Gas Co.
N. \. Electric Vehicle Transportation;— See page 171.
New York A Hoboken Ferry Co.— Incorporated
898, under the laws of
>ew Jersey as successor of
Nov. 10,
Hoboken Ferry
Co., operating from Barclay Street, Christopher St. and West 14th St. to
Hoboken. Stock, $4,000,000; outstanding, $3,300,000. Of the new
1
the
$4,000,000 gen. 5s $700,000 were reserved for improvements; gen. 5s
are redeemable at 1 10 on any interest day. Dividends, Dec, 1899, to
Mar., 1901, inclusive, 1 p. c. quarterly (4 p. c. per annum); since
to Sept., 1901. 1*4 p. o. quarterly (5 p. c. per annum).— (V. 71, p. 1070.)
N. Y.Jnnt.Gas Light.—See Con. Gas. N.Y. Mnt. Tel.—See p. 171-
New York A New Jersey Bridge Co. N. Y.— (V. 72, p. 9J1.)
New York A New Jersey Telephone.— Operates telephone
under perpetual license from the Bell Company in Btaten Island,
(includirg Brooklyn), in New Jersey in counties of Bergen.
Essex, Hudson, Mid desex, Monmouth. Morris, Passaic, Somerset and
Union. Its total st tionson Jan. 1, 1901, were 35,176 (of which 15,826
'n Long Island). 2- 07b in 1900, 22,065 in 1899 and 18,093 in 1898.
Stock— Stockb iders voted Mar. 1. 1901, to increase the authorized stock iron8,000,01-0 to $15,000,000, $1,&75,000 of the new
nock belig one d at par. 50 per cent payable Apr 15,25 percent
i.ug. 1 and 2- per cent Nov. 1, optionally all on Apr. 15— V. 72, p.
>83. This wiL increase the amount outstanding to $9,375,000.
Dividends.- /1892.
1893.
1894 to Oct.. 1901, inclusive,
Per Cent.
6
6
$
7% yearly (incl. 1% extra in Jan.)
Earnings. -Report for year ending Dec. 31, 1900, was in V. 72, p.
41, showius gross, $2,827,481
net, $808,876; interest, taxes, etc.,
!174,73l
dividends, $190,650; balance, surplus, $143,496. In 1899,
ross, $2,381.368.— (V. 72, p. 244, 441, 483, 583.)
lines
Long Island
r
;
;
INTEREST OK DIVIDENDS.
Kate per When Where Payable, and
Cent.
Payable
Whom.
6 in 1900
6
1,500,000
1,500.000
5
4
1.000,000
7. « 12,500 8 in 1901
17,000.000
455,000
'"a"
11,125,000
4g.
M 8,056,100
«*
163
Text.
3,300.000
5
4,100,000
1.000.000
5 g.
3 300,000
3,500,000 9 in 1901
5,000,000
6 g.
See text. 7 in 1901
1.:- 64,000
5 g.
1.925,000
4*5
Q.-F.
A.
A.
A.
& O
A O
& O
Q.-J.
F.
&
I.
J.
.r.
&
&
&
&
b\
Shirks— Last
Dividend.
Boston, 125 Milk St.
Aug.lS/Ol.li*
Boston. Bank of Repub. lpp„ 1906-7-8
Bost Nat. Bk. Coiu'roe, 1915,'16&'19
do
do
Jan. 1, 1930
Otlioe, 66 B'way. N. Y Oct 15/01,2%
,
Aug.
A.
Q.-M.
M.
Uoiuis— ±tiuo»-
pal.When Duo.
1,
1951
Sep. 2, '01, 1U
N. N. Y., U. 8. Mort.
Tr May 1, 1946
N. Y., Cent. Tr. Co.
J.
Jan. 1, 1946
D. N. Y., U. 8. Mort. A Tr. May 1. 1946
Checks mailed.
Julyl0,'01,5%
J.
N. N. Y., West. Union Tel. May 1, 1911
&
M. &
.-J.15 Bklyn,81WilloughbySt. Oct. 15/01, 1>«
& N. N. Y., Atlantio Tr. Co. May 1, 1920
M. & N. N. Y., 18 Cortlandt St. May 1, 1918
Various N. Y. Wins., Lan. & Co. Jan. 1, 1932
10.0(10,000
1,500.000
6g. A. <\r O. V. Y., Metropol. Tr. Co Apr. 1, 1910
A. & O. N.Y.,Winslow, L. & Co. Oct. 1. 1911
300,000
6
<ep 5. '01, 1»«
5 000 000 6 in 1901 Q-M.
Aug,15/01.1>«
2.000.000 6 in 900 Q.-F.
Aug.i5/01,1»9
1,225.000 See text. Q.-F.
12.000 000
N. Y.. Corn Exc. Bank Sept.3 01.1%
9,000 000 4 in 1900
6
Q.-J. N.Y. Off., 71 Broadway Oct. 15/01.1 »9
4.000,000
1
Q— M
A <l. Elec. Light A Power Co.—See page 171.
New York Suburban Gas.—8ee V. 68, p. 474; V. 70, p. 844.
Mew York Teleph.— Niagara Falls Power Co.— Seep. 171.
N. v.
Niles-Bement-Fond Co.—Organization.—Incorporated in New
Jersey on Aug. 11, 1899, as a consolidation of the Ntles Tool Works
Co. etc. Does much of the heavy machine trade of the country.
V. 69, p. 388. In Jan., 1901, took over entire common stock ($1,525.00O) of the Pratt & Whitney Co., guaranteeing 6 per oent on the
$1,225,000 preferred stock of the latter, provided that it earns that
amount on its own stock.— V. 71, p. 139; V. 70, p. 1253; V. 72, p. 143.
First quarterly dividend paid May 15, 1901.
Stock, common, $5,000,000; pref., 6 per cent cum. (subject to oall
In 1911 at 105). $3,0i0,000, of which $1,000,000 remains in treasury to acquire minority interest in Niles Tool Works Co. Div. on
preferred paid Nov., 1899, to Aug., 1901, 1*9 p. c. quarterly, (Q.-F.)
On common, 8ept., 1900. 1 ^ p. c; Dec, lLjp c; 1901, 6 p. o. (Q-M.),
For year ending June 30, 190O, net,
of which l^p.c. payable Dec. 5
$1,116,361; reserve for depreciation. $46,361; div. on pref (3 p. o.),
$60,000; on common (3 p. a), $150,000; bal., sur.. $800,000. V, 71, p.
290. Pres., R C. McKinney; Treas., Chas L. Cornell; Sec, E. M. C.
Davis, 136 Liberty St.,N. Y.— (V. 72, p. 143, 286.)
,
.
North American Company.—Organization.—Organized in 1890
New Jersey, as successor to the Oregon & Trans-Conti-
under laws of
nental Co. Is interested in street railway and electric enterprises. The
stockholders voted on Jan. 21, 1901, to decrease tbe authorized capital
stock from $40,000,000 to $12,000,000 and the outstanding stock to
$1 1,936,700 (in *100 shares) by The issue of certificates in the proportion
of one share for each 3^ shares of the outstanding stock.— V. 73, p. 30.
Annual Report.— Report for 4 mos. endiDg May 31,1 901, was in V.
72, p. 1236. and V. 73, p. 30, showing "unrealized" profits, as per
balance sheet, $1,547,446. Fiscal year ends May 31. Report for 18991900 was in V. 70, p. 1247; V. 71, p. 27. Assets Feb., 1901.—Milwaukee Elec. Ry. & Light stock, $3,500,215; Cin. Edison El. stock, $850,800;
other stocks, etc. $2,429,516; acots. rec, $899,743; cash, $2,256,426.
Owns entire *3,000,000 stook of the Union Light Heat & Power Co. of
Covington, Ky., etc. (V. 72, p. 922: V. 73, p. 394) and of the Cincinnati
Gas <fe Electric Co. (V. 72, p. 938, 734, 724 ) -V. 72, p. 30.
Directors.—Edward Q. Keasbey, John I. Beggs, C. W. Wetmore, 8. W.
Burt, J. R. de la Mar, Wm. Nelson Cromwell, G. R. Sheldon, Edmund
0. Converse, Henry C. Payne. Robert Bacon, Charles Pflster and Chas.
A. 8 po fiord. President. C. W. Wetmore; Sec, Silas W. Burt; Treas.,
Geo. R. Sheldon, 30 Broad 8t.-(V. 73, p. 30, 394, 794.)
Northern Union Gas Co. (New York City.)—V. 65, p. 621.
Northwestern Telegraph.— Owns 8,000 miles of wire and is
leased to Western Union for 99 years, which guarantees dividends
at 6 per cent on $2,500,000 stock (par $50) and interest on 1st mort.
7s, due Jan. 1, 1904, interest J. & J.— (V. 72, p. 143, 6i0.)
Ohio
A Indiana
Natural
A
Illuminating Gas.— Organiza-
tion.—A consolidation incorporated in N.
J. on Dec. 29, 1899, per
Stook $10,000,000, of which $1,000,000 to acolar- V. 69, p. 1251.
fields, See statement to N. Y. Stock Exchange, V. 70, p.
quire new gas
994. Dividends paid Mar. 1, 1900, to Sept. 1 , 1901, one p. c quarterly.
Underlying bonds, $820,000 Ind. Nat. & 111. Gas 6s (int. MS), due
1908; $1,705,000 Logansport & Wabash 6s, J-D, due 1925: $1,935,000
Fort Wayne. 6s,J J, due 1925; $970,000 Lafayette tfs, M-N, due 1924;
$1,955,000 Ohio & Ind. 6s (J-D), due 1926. Earnings of five constit
uent companies for year ending Dec. 31, 1899, were: Gross, $1,961,
37); net, 1,332,613; interest on bonds, $454,875; dividends. *362,Prest., Chas. F.
500; construction, $486,962; bal., sur $28,276.
Dieterich; Treas., A. B. Proal, 45 Broadway, N. Y.— (V. 71, p, 1015.)
Water Co.— Organization.— Successorin 1896 of American Water- Works Co. of Illinois, per plan in V. 62, p. 1085. Stock,
Common, $2,500,000, not issued; outstanding, first pref., 5 per cent
non-cum., $750,000; second pref., 5 p. c non-cum., $1,000,000. Par
of shares, $50. Preferred stocks are subject to call at par, dividends
being paid at Farmers' Loan & Trust Co., New York. Decision as to
reorganization see V", 71, p. 915. Dividends paid on first preferred1898, 5 per cent; 1899, 5 p. c; 1900, 5 p. c; 1901, 5 p. c. On second
pref. 1 p. c paid Aug., 1899; 1900, 2 p. c; 1901, 2 p. c.
Par. lntei est. Outstana'g.
Last div., ele.
Securities.
None.
$50
Common stock
F&A
$750,000 Aug"ii/oi','2is
50
1st pref,, 5 p. c
F&A
Aug. 11, '01,1
1,000,000
50
2d pref., 5 p. c
Prior lien gold 5s, ) > nnrt
July 1, 1916
793,000
J&J
Ji.wuo
,
Omaha
$1,500,00.
CodsoI. gold 4!2-5s,
»
)
nflft
1946
J&J
3,577,000
S
Both issues of bonds are subject to call at 105 i er cent. Consols
bear interest at 5 per cent from July, 1901.
President, Theodore C. Woodbury, New York; Sec, Harry MiguelB
Verrill; Treas., Stockton Heth, Omaha, Neb.— (V. 71, p. 239, 915.)
Oregon Improvement Co.— See Pacific Coast Co.
Osceola Consol. mining Co.—V. 70, p. 531; V. 72, p. 535, 871.
Otis Elevator Co.— Incorporated Nov. 23, 1898. under the laws
of New Jersey and was to take over every standard elevator
manufacturing company in the U. 8., about 13 in all, comprising
about 85 per cent of the business. See V. 71, p. 545- Stock $6,500,000 common and $4,500,000 non cumulative 6 per cent preferred;
$5o0,000 of each of which is retained in the treasury. Dividends on
pref., Apr. 15, 1»9-*, to Oct,, 1901, both inclusive, l^p.c, quar. (6 per
annum). No bonds. In Mar., 1901, 4 per cent notes had been issued
extending over a period of 7 years, all the floating debt and undedying bonds being retired. Office, 71 Broadway, N. Y.— (V. 72, p. 1241.)
Pacific Coast Company.—This company controls the Pacific
Coast 8teamship Company (owning its entire capital stook) and
operates five steamship lines running between San Franoisoo.
$6,000,000
,
'
2
,
.
INVESTORS' SUPPLEMENT.
161
MISrKl.l.ANEOU8.
_
Date
INTEREST OR DIVIDENDS.
per When Where Payable, and
.
81z e ' or
fVoT..
Amount
p
Rate
For explanation of ooluiuu headings, &c, see notes on of
Bonds Value. Outstanding Cent.
tlrst page of tul>
I
Pacific
Coast On.—Stock, common, $7,000.000
1st preferred stock, $1,525,000, 5 p.o. non-cuinulative.
2d preferred stock. £4,000,000, 4 p. 0. uou-ouuiiilatlve.
o*
1st mortgage, $5,000,000, gold.
Ma
$100
100
100
1897
1,000
100
Steamship—StoeK
Pacific Hail
Faciric Fack
J No*. -Deb., $7,000,000,
g., B. f.,
text. K.
.f Famuc OaM << Elee.— Cons. M.. $5,000,000, g
Underlying bonds $1.04-1.000— See V. 71, p. 37.
Pennsylvania Onnnl fllHl M., $5,000,000, int. guar...O*
non-cuui., $25,000,000
Pennsytr. Steel Co.— Pi. stock. 7
r
Old Penna. steel 1st M., our
r
Mar viand steel 1st mortgage, currency. «i*
Teuu. Steel Co., ("onsol. mort., $7,000,000, gold.GP o*|
Collateral trust loan Cornwall properties
People's Oat Light rf Coke (Chicago)— Stock, $30,000,000
People's Gas Light & Coke 1st mortgage, gold, $ & £..c
o
2d mortgage..
*c
1st eonsol. niort for $10,000,000 gold
o"
Equitable Gas Light & Fuel 1st mortgage
c
Chicago Gas Light & Coke 1st mortgage, g.(FP)
472
o
Consumers' Gas 1st mort., gold. 8ee V. 66, p.
c
Illinois L. H. & Power 1st mortgage
IC
Lake Gas & Light 1st mortgage, gold
Refunding M., $40,000,000, g.F...c*&r
P. G. L. &
Mutu al Fuel Gas 1st mort., $5,000,000, gold, assumed
Hyde Park Gas, 1st mortgage, assumed
Calumet Gas Co. 1st mortgage, assumed
Paterson
1901
1899
i'.obo
1870
1.000
100
1
,
C—
1887
1,000
1892
1.000
1895 500 &o.
1874
1874
1893
1885
1887
1886
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
issr.
1885
1897
1897
1884 500 &o
1.000
;
ft
Earnings.— 2 mos.,
Gross, $855,410; net, $195,343
1901
2*4,433
1900.... Gross, 1,015,495; net,
to Aug. 31.
Report.— Rep. for year ending June 30,1900, in V.71, p. 1010, 1018,
showed gross earnings of steamships and colliers, $3,643,996 net,
$761,271; rail lines, gross, $688,157 ; net. $373,609; coal department,
etc., gross. $958,289 ; net. $269,901. Detailed results were:
1
;
Interest on bonds
$222,300
Depreciation, etc.
256,439
Div. on lstpref. (55,;.%).
82,604
Net earnings
$1,404,782 Div. on 2d pref. (4Wo)- 173,333
common (4%)
280,000
Interest and discount.
47,0 2 Div. on
|
.
Balance, surplus
$437,178
$1,451,854
Total net income
For year 1900-01, gross, $5,137,545; net, $1,150,869, contrasting
with $1,404,783, as above, in 1899-00.
Officers, Etc.— Chairman of the board, Henry W. Cannon; President, J. D. Farrell; Treas, John Kean; V. P. and Sec, H. H. Durand,
Executive Committee: Henry W. Cannon, E. H. Harriman, Daniel 8.
Lamont. T.Jefferson Coolidge, Jr., and Grant B. Schley.— (V. 71, p.
912, 1010, 1018; V 73, p 447.)
Pacific ITIall Steamship.— In Nov., 1900, the Southern Pacific
Co. acquired $10,005,000 of the stock.— V. 71, p. 1015.
Dividends.— No dividends from 1887 until Dec, 1896, when 1 p. c.
was paid; in'97,2p.c; in '98, 1* p.o.; in 'gg.June.l^p.c; Dec.l^p.c
none since, surplus being invested in new vessels, etc.— V. 70, p. 331.
Report.— Report for 1900-01, with balance sheet, was in V. 72. p.
1079; V. 73, p. 234. On Apr. 30, 1901, current liabilities were $432,885; current assets, $745,231.
1900.
1899.
1898.
1901.
Tear end ing Apr. 30.
$2,868,969 $3,509,840 $3,959,013 $3,668,477
Steamships
55,917
12,282
15,707
13,878
Subsidies
165,994
339,827
195,498
188,310
Miscellaneous
$3,817,620 $4,140,713 $4,064,221
$620,543
$830,189 $1,116,336
$167,821
in 1899-0 J, $600,000; bal., sur., $230,189.
Total earnings... .$3,071,166
Netearnlngs
Dividends
(3
p. 0.)
Directors— C. H. Tweed, President; Jos. Hellen, Sec and Treas.,
Mills Building, N. Y.-(V. 72, p. 1079, 1087; V 73, p 235.)
Pacific Pack Ins 6c Navigation Co.— Organization. -Incor-
J>orated in New Jersey in July, 1901, and acquired about 12 of the
eadinir salmon-canning concerns in Oregon, including Pacific-American Fisheries Co (V. 70, p. 999), etc but not the Alaska Packing
Association (V. 72, p. 672; V. 73, p. 34). -V. 73, p. 142. 394. Charles R.
Flint of New York arranged the consolidation.
Stock authorized, $12, 50'>. 000 each of common and 7 per cent cum.
preferred; present issue, $6,000,000 eaoh. All the stock will be held
for 5 years in a voting trust. (V. 73, p. 239 ) Of the debentures (authorized issue $7,000,000), one-tenth are retlrable by a sinking fund
yearly, either by purchase in the open market or through drawings by
Tangible assets, including woiking capital, it
lot at 105 and interest
Net earnings are estimated at
is stated, are in excess of $4,700,000.
$1,300,000 for the current year, or sufficient to pay 12 p. c on common
stock.
Officers.- Pi es , Charles Counselman; Vice-Pres , Thomas B. McGovern; Chairman of Board, Richard Delaiield; Treas., Frederick F.
Carey; Bee , Roland Onffroy; Directors, V. 73, p. 618.— (V. 73, p. 394,
611.)
.
Pate mo n
A.
6c
consolidation
N.Y.,Manhat. Trust Co,
do
do
do
do
D.
do
do
D. N. Y. Meroantile Trust,
&
&
& A
& S.
6
IJ. A J
text. M. & N.
5
M. & N.
5
F. & A.
6g. M. & 8.
J.
3inl8D9,J.
Nov. 1, '01, 1%
Nov. 1, '01, lH
Nov. 1/01,1%
June 1, 1946
Deo.
'99,1 J*
to 1911
1,
1902
N.Y., First N.Bk.& Pat, Moh.
6 g. |F.
5 g M.
Due.
— Last
Dividend.
Q.-F.
Q.-F.
4 in 1901
5 *
Slocks
1,
1949
July 1, 1910
Nov. 1, '01,3 »«
Philadelphia Office.
Nov. 1, 1917
do
do
Feb. 1, 1922
GirardL.I.,A.&Tr.,Phll. Sept. 1, 1925
Phila. .Broad St. Station
Checks mailed.
(»)
100
500
500
RR
Gross earnings
$5,290,443
Op. expenses and taxes. 3,885,661
by
Q-F.
5 in 1901
Bonds— Principal, When
Whom.
Payable
4 in 1901
2,282,000
16,500,000 See
1,000,000
2,000,000
3,475,500
1901
Portland, Victoria, 8itka, Fort Bragg, San Diego, &o. Also owns all the
(now standard gauge)
securities of the Columbia & Puget 8ound
Seattle to Franklin, etc., with sidings, 57 miles, and its New Castle
mine; the Pacific Coast Railway (narrow gauge), Port Harford, Cal.,
to Los Olivos. 80 miles ; the Port Townsend Southern RR.; Port Townsend to Qullcene, Wash.. 28 miles, and Olympia to Tenino, Wash., 15
miles operates the Franklin Coal Co. owning the Franklin mine, with
3.050 acres coal lands at Franklin and 2,083 acres at New Castle. See
V. 60. p. 954. In 1901, purchased Wash. & Alaska fleet.— (V. 73, p. 447 )
History.— Successor on Deo. 1, 1897, to the Oregon Improvement
Co., sold in foreclosure and reorganized p. plan in V. 65, p. 412, 463.
1900 to Nov., 1901.
1899.
Dividends— 1
1898.
2
1
Q-F (4 <k per an.)
2
Com., per ct..
4i
1 k Q F (5% per an.)
5
1st pref., p. 0.
313
1
Q-F (4% per an.)
4
2d pref., p. c.
July
$6,738,801
1,502,801
3,904,201
4,446,000
20,000,000
3 ,000,00 J
3,632,000
|
LXX1I1.
Pasnalc tian 6c Klectrlc Co.—Organization.—
In 1899. Has perpetual franchise, and supplies gas
and e lectricity in Paterson, Passaic etc. See V. 71, p. 36.
Underlying bonds, V 71, p. 37. Net earnings for 12 months ending
Mar. 1, 1900. $275,272; interest, $ii !) 987; baL, sur., $55,285.
Stock, $5,000,000, all outstanding (par, $100), ot which large majority owned by United Gas Improvement Co. Of the oonsol. 5s,
due March 1, 1949 (Paterson Safe Deposit & Trust Co., trustee), $1,044,000 reserved to redeem un lerlying bonds and $324,000.for imSrovements and acquisitions President, William Barbour, Paterson,
32,969,100 6 in 1900
2,100,000
6g.
2,500,000
6g.
4,900,000
6g.
2,000,000
6g.
10,000.000
5g.
4,246,000
5 g500,000
7
300,000
6 g.
2,500,000
5g.
5,000,000
5g.
200,000
6
250,000
6 g.
Q.-F.
N. Y., Central Tr. Co. Aug.24,'01.1 1*
M. & N. N. Y., Cent. Tr. & Chic. Nov. 1, 1904
J. & D.
Y., Cent. Tr. & Chic. Deo. 1, 1904
A. & 0.
Y., Central Trust Co. Apr. 1, 1943
J. & J.
Y.,CenflTr. & Chic. July 1, 1905
do
J. & J.
do
July 1, 1937
J. & D
Y., Central Tr.&Ch Deo. 1, 1936
Chicago, Ohio. Nat. Bk. Nov. 1, 1915
J. & J. 111. Tr.A8av.Bk., Chic. July 1, 1915
M. & 8
New York.
Sept. 1, 1947
M. & N N. Y„ Cent. Tr. & Chic, Nov. 1, 1947
M. & 8 First Nat. Bk., Chioago Sept. 1, 1904
J. & J Chicago Eg. Trust Co. July 1, 1917
annual capacity of 300,000 net tons standard seotion steel rails. Owns
ahalf interest intheJuragua(Cuba) Iron Co., Ltd. (V. 62, p. 776; V. 71,
p. 393) and *340,970 eaoh of common an! preferred stock of the
Cuban 8teel Ore Co. V. 1 &, p. 579. In Apr., 1901, purchased entire
$5,000,000 stock of the Spanish- American Iron Co., shipping 300,000
to 350,000 tons of ore annually aud owning about 5,000 acres of land,
and in June, 1901, a 3S96 interest in the Cornwall Ore Banks Co.,
Lebanon Co., Pa and a controlling interest in the Cornwall <& Lebanon RR., at a purchase price reported as $8,000,000, of which a part,
it was stated, is to be met from the treasury and the balance to' be
raised by a collateral trust loan. V. 72, p. 1241. 1283. In Aug.,
1901, a further 8 l)8 interest, it was stated, was purchased for $1,200,000. (V. 73, p. 239.) Finished products are said to be about 700,000
tons annually. —(V. 72, p. 876.)
Iu June, 1901, control was acquired by the Pennsylvania RR and
affiliated roads and the Reading C>>. by purchase of $10,000,000 each
of common and preferred stock from the underwriting syndicate; the
,
same interests also control the Cambria Steel Co.— (V. 72. p. 678.)
Stock.— Common stock authorized, $25,000,000; outstanding, $10,750,000 (par $100).
Preferred, see table anove.
V. 72,
p.
1241.
Dividends.— First dividend on preferred stock since recapitalization,
3^ per cent,
payable Nov.
1,
1901.
Bonds.— Consolidated joint mortgage covers the plants at Steelton, Pa.,
and 8parrow Point, Md., all of the $1,000,000 stock of the Maryland
and $697,500 of the $1,500,000 capital stock of the Juragua
Iron Co.; $3,000,000 are reserved to retire the prior liens. Car tiust
notes Dec. 31, 1900, $250,000. V. 72, p. 579.
Report of old co. for year to Dec. 31, 1900, in V. 72, p. 579, showed:
Profits, $2,829,117, against $2,330,170 in 1899; int., taxes, depreciation, etc., $1,426,806; div. on pref. (8* per cent), $131,250, bal., sur.,
$1,271,061.— (V. 73, p. 239, 618.)
People's Gas Light 6c Coke (Chicago).—An absolute consolidation on Aug. 2, 1897, of the companies forming the old Chicago Gas
Trust.—V. 64, p. 1088; V. 65, p. 235. Mutual Fuel was purchased In
November, 1897, and early in 1898 consolidated, as was also the Hyde
Park Co., with the People's Gas-Light & Coke Co. The Uuiversal Gas
Co. (stock, $1,500,000) is controlled in the company's interest.— V.
67, p. 179; V. 68. p. 474. On Nov. 1, 1900, made a contraot to purchase the property of the Ogden Gas Co. lor $7,000,000, at the exniration of the latter's franchise on Mar 4, 1945. -V. 72, p. 91. 214,
630, 779. In May, 1901, control of the Cicero Gas Co. was acquired
in the interest of the company. V. 72, p. 1087. As to Indiana Oil &
Gas Co., Bee V. 67, p. 690; V. 68, p. 825, 1182; V. 71. p, 33, 1123.
Property.— In service January, 1901: Street mains, 1,729 miles;
meters, 300,077 public lamps, 24,980.— See V. 66, p. 382.
In June, 1901, a settlement was reached with the city on the hasls
of the latter receiving on aooount of its percentage of the gross receipts (viz., 3*2 p. c from illuminating and 5 p. c from fuel gas) free
gas for 25,000 street lamps (this service to be valued at $330,000) and
for these lamps Welsbach burners (valued at $25,000), these to be
maintained by the city; any surplus in the percentage above $375,000 to be paid in cash. The oontract is favorable to the city, and
is expected to stand indefinitely, though by its terms terminable at
the end of a year. The contraot forbids the city to attack the company's franchise, but reserves to it the right to oontinue the Ogden
gas and 75-oent-gas suits. See V. 72, p. 1283,1087. In Aug., 1901,
suit was brought by the State to test the constitutionality of the Con-
Steel Co.
;
solidation Act of 1897.-(V. 73,
p 319.)
Stock.— In December, 1898, $3,750,000 stock was allotted at par,
raising the outstanding amount to $28,668,800. (V. 67, p. 1111.) In
Sept., 1901, stockholders subscribed to $4,300,300 stock, raising the
amount outstanding to $32 969,100, the proceeds to be used fo.- large
extensions and future improvements —(V. 73, p 496
)
'92.
'93.
'94. *95. '96. '97 to Aug. '01
5*4 4Hs(l 1 2SC.) 6
2^ 1^ ey'rlyU^Q-F)
3
3
Percent. 5 4
Bonds, Etc.— Of the $40,000,000 issue of 1897 $26,546,000 bonds
were reserved to retire prior bonds. The balance may be issued lor
additional property, improvements or betterments.— (V. 65, p. 572.)
Earnings.— Report for year ending Dec. 31, 1900, iu V. 72, p. 337 :
Divs.—
\'89.
'90.
'91
years ending dec. 31.
Manufactured gas sold,
cubic feet
Gross income
Net over oper.exp
Interest on bonds
Depreciation
1900.
7,425,979,693
$9,090,337
$4,642,550
1,857,300
584,175
1899.
6,879,419.985
$8,096,320
$4,283,282
1,857,300
1898.
6,114,587,380
$7,265,526
$3,470,225
1,842,300
464,409
1
.
J.-(V. 72.
p.
441
)
Pennsylvania Coal.— See Erie RR.
Pennsylvania Klec. Vehicle.—See page
A
171.
Poiver.-Kic Philadelphia Elec.
in lit
Steel < '<>.— Chartered In New Jersey on Apr. 29,
1 smlii
I'i iiikv
1901, as successor to Penn. company of tame Da Be per plan of recapitalization, V. 72, p. 4*;, 91; owns eight blast furnaces, with an annual capacity of 558,000 tons pig iron; a rail mill, capacity 480,.
000 tons and for 165,000 tons boiler steel, beams and other
firoducts, and a shipbuilding and a bridge-building plant, inclining plant at Bteelton, Pa., with annual capacity of 175,000 tons;
Bessemer Steel Works, capacity of 350,000 tons, and the former
Maryland Steel Co. plant at Sparrow Point, near Baltimore, having
PeniiHylvanla
1
Wftf.
I.
$1,627,925
$2,201,075
$1,961,573
$1,720,128
$1,720,128
(?)
Officers.—Chairman of Board, C. K. G. Billings; President, Geo. O.
Knapp; V.-P., A. N. Brady, 2d V.-P., Walton Ferguson; 3d V.-P., C.K.,
Wooster; Treas., W. S. McCrea; Sec, L. A. Wiley. Office. 54 Wall St.
N. V.— (V. 73, p. 349, 447, 496, 680.)
Philadelphia Company.—See Pittsburg, in Street Ry. Sup.
Philadelphia Electric Co.— Organization.— Incorporated in
New Jersey on Oct. 6, 1899, Controls nearly all of the electric-light
properties of the city; ah.oin West Philadelphia and Chester. In Sept.,
901, control of the Kensington Electric Light Co was purchased, to
iinance which additional 4s may be issued.— (V. 73, p. 496, 680.)
Stock.— Authorized, $25,000,000; 20 per cent paid in, of which 5
p. c paidln Nov., 1900, and 5p. c in Jan., 1901.— V. 71, p. 239, 393.)
Bonds.—Collateral trust 4 per cent gold flf ty-year certificates, dated
Oct. 16, 1899. amounting to $17,500,000 have been authorized, of
which $15,050,000 were used to purchase so far as might be the
$15,000,000 Penn. MTg. L. & P. Btock ($1,500,000 paid In) and the
Balance for stock....
Dividends, 6
1
p.
o
;
October.
MISCELLANEOUS STOCKS AND BONDS.
1901. J
MISCELLANEOUS.
Date
Size, or
Amount
of
Par
For explanation of column headings, &o., see notes on
Bonds Value. Outstanding
tlrst page of tables.
Philadelphia Electric— Stock, $5 per share paid in
Phila. Eleo. Trust Ctfs., gold, $17,500,000 (see text)...
Kdtson Elec. Trust Certificates, g. (Edison stock as coll.)
Old Phila. Elec. Tr. Ctfs. (Penn. H. L,& P. stookascol.)
1S99
L896
1898
INTERE8T OR DIVIDENDS.
Rate per When Where Payable, and
Cent.
$25 $25,000,000
al3,050,000
lOO&o.
1,994,300
1,000
11,233,000
100 30,030,700
stock, $32,000 000
100 29,701,200
per cent, cumulative, $32,000,000.
Preferred stock, 7
100 12,500,000
Pressed Steel Oar Co.-Stock, common, $12,500,000
100 12,500,000
Pref. stock (as to assets), 7 p. a, non-cum., $12,500,000
235,000
McKee's Rocks purchase money mortgage
1.000
5,000,000
1st M., gold notes, red due $500,000 y'rly.text Moo* 1901
100
Procter iC Gamble.— Common stock, $1,500,000
4,500,000
100
2,250,000
Pref. stock (8 p.o., cum.). See terms in ed. May, '93, Sup.
100 74,000,000
Pullman Company— Stock, $74,000,000
100
4,291,300
Quicksilver Minim}— Preferred stock, 7 p. o., not cum
100 27,191,000
Republic Iron <& Steel— Common stock, $30,000,000
100 20,3< 6,900
Preferred, 7 per cent, cumulative, $25,000,000
100 10,000,000
Royal Baking Powdei Common stock, $10,000,000
100 10,000,000
Preferred stock, $10,000,000, 6 per cent, cumulative..
100 16.941,700
Rubber Goods Manufacturing— Com stock, $25,000,000
100
Pref. stock, 7 p. c. cum., $25,000,000 (bonds, see text).
8,051,400
St. Louis Ter. Oupples Sta. rfP.— IstM. g.,red.l02aft.'02.c*
1897 500 &c.
3,000,000
Shelby Steel Tube— Common stock, $9,000,000
100
8,151,500
Preferred stock, $6,000,000, 7 per cent cumulative
....
100
5,000.000
Singer (Seicihg Machine) Manufac'g— Stock, $30,000,000
30,000,000
Pittsburg
i
—
a Also $2,000,000
held in the treasury uncanceled.
V.71,
Plllsbury- Washburn Flour Mills Co.— (V. 71, p. 1123.)
Pittsburg Coal Co.— ("Rail Coal Consolidation." )— Organization.— Incorporated in N. J in Sept. 1899, and in Oct., 1899, acquired
.
radically all the large coal mines tributary to railroads in the PittsE urg district, together with coal and ore docks, loading and unloading
plants at Dulutli, Chicago. Milwaukee, Cleveland, Ashtabula and other
lake ports. Owns about 130 coal mines, with equipment, and about
125,000 acres of ooal lands in, or within a radius of 40 miles of Pittsburg, together with some 4,000 coal cars operating over railroads radiating from Pittsburg,
The estimated tonnage for 1899 20,000,000
tons. Has arrangement for division of territory with Monongahela
River Coal & Coke Co. .which see. Owns Northwestern Coal Ry., whose
5 per cent bonds it guarantees. 8ee that company under "Railroads."
—V. 71, p. 713. Bonds and mortgages assumed, $2,038,340.
Dividends on pref., 1900, to Oct., 1901, 7 p. c. (Q.-J. 25).
Report.— Report for 16 mos. ending Deo. 31, If 00. in V. 72, p. 390
showed net profits after deducting expenses and all losses, $5,480,
690; royalty and depreciation, $1,238,599; div. (7 per cent) on pref.
$2 074,709; undivided protits Dec. 31, 1900, appropriated for pre
ferred stock dividends and working capital, $2,167,381.
Officers.— Francis L. Robbins. Chairman of the Board; President,
Frank. M. Osborne; Vice-Pres., James C. Dysart; Treas., Upson A.
Andrews: Sec. Chas. W. Baine, 232 5th Ave., Pitts.— (V.73, p. 447.)
Planters' Compress Co.— See page 171.
P. Lorlllard Company.—V. 70. p. 331, 1052.
Pocabontas Coal.—V. 73, p. 142, 295.
Postal Telegraph Cable.— See Commercial Cable Co.
Pressed Steel Oar Co.—Organization.— Incorporated in New
Jersey on Jan. 13, 1899, as a consolidation of the Fox Pressed Pteel.
Equipment Co. of Joliet, 111., and Pittsburg, Pa., and Schoen Pressed
Steel Co. of Pittsburg. Prospectus in V. 68, p. 188, 131. See V. 71,
V-S4S- Capacity of the works about 100 cars a day of largest size.—
V. 69, p. 745; V. 70, p. 1000.
Bonds.—The first mortgage gold bonds are subject to call at par and
on any interest day on 6 weeks' notice. V. 72, p. 343.
interest
Dividends.—On pref.: to Jan., 1900. 1^ p. c. paidquar. (7% Der an.)
Div. period changed to Q.-F ; May, 1900, to Aug., 1901, 13» p. c. quarterly. Oncom.,1900, 6 p. c. paid quarterly (Q.-J.); in 1901, Feb., 1,
p. c; May, 1 p. c; Aug., 1 p. c.
Report.— For 6 mos ending June 30. 1901, net. $1,081,699; int. and
depreciation, $159,883; div. on pref (m, p c ), $437,500; div. on common (2 p. c.), $250,000; bal.. sur , $. 34,316.—V. 73, p 725. In 1900
net earnings $2,075,181. Bal. sheet Dec. 31. 1900, V. 72. p. 337.
President, F. N. Boffstot. N. Y. Office, 71 Broadway.— (V. 73, p. 725.)
Procter
Gamble Co.— Formed in 1890 under laws of New
Jersey to carry on soap, candle, oils and glycerine business. In
1900-1 stock was increased and bonds paid off.— V.71, p. 713, 817, 915.
Dividends
) 1891.
1892 to 1897 incl. '98. '99. 1900. 1901.
On common
12 per cent.
20
20
kO To Aug. ,9
8
S
On pref. in full to Oct., '01, incl. Office, Cincinnati. ( V. 71, p. 713. 915.)
(The) Pullman Co.— On Jan. 1 , 1900, the Wagner Palace Car Co.
sold its assets to The Pullman Company, representatives of the Vanderbilta entering the board of directors of the latter company, the
capital stock being increased from $54,000,000 to $74,000,000, to
retire the Wagner Company's $20,000,000 stock. See V. 69, p. 854;
V. 70, p. 40. Dividend, reduced to 6 p. c. yearly in 1898, was restored
to 8 p. o. in Nov., 1899.— V. 69, p. 909, 1197.
Cash Dividends.— > 1877-80. '81-83. '84-98. '99. 1900.
If 01.
Since 1877— P. ct. S 8 yrly. 9*3 yrly. 8 yrly. 6»a
8 Incl. Aug. 6.
In 1898 paid an extra cash dividend of 20 per cent and stock dividend of 50 per cent ($18,000,000), in order to distribute surplus assets.
-V. 67, p. 75, 789, 840, 902.
Report— Report for 1899-00 was in V. 71, p. 862, including Wagner Company since Jan. 1, 1900.
&
>
\
Total revenue
Operating expenses
Depredation on cars, cto ..
Paid o-her.-leeplng car assoc'n..
Dividends on capital stock
If 00.
*i 5 022 R<w
* 10 v '*- ti0 °
>
I
\
1899.
$9,74«,576
1,730,353
1898.
$8,598,837
2,076,031
$15 022.858 $11,478,929 $10,674,868
$6,112,655 )«. Q4n onn $4,569,351
1699 183s*'
'587',544
5,519,720
jismw
'
693,715
3,149,550
831,634
2,880,000
Net surplus for year
$1,103,756 $2,295,465 $2,393,884
»res.. Robert T. Lincoln, Chic.
N. Y., 15 Broad St.— (V.71. p. 862.)
nl « k »" ver Mining.—See Supp. of Oct., 1 897; V. 68, p. 724,
, 8
/
1077; V. 70.
p.
1253; V. 72, p. 1241.
185; V. 72, p. 187, 390.
Qnincy Mining.- V. 71, p.
Whom.
&
5g.
7 in 1901
See text.
7
4
5 g.
See text
8 in 1901
Bonds— Prinolpal.When Due.
by Stocks— Last
Philadelphia.
J.
J
Oct., 1P49
Aft. Apr., 1946
Philadelphia..
&
A.
Dividend.
O. LandTit. &Tr.Co. .Phila
Q.-J.
See text
See text
Checks mailed.
Tradesmen's Build
;
lng, Pittsburg,
Apr.
1,
1948
Oct. 25, '01,1%
Aug. 29, '01, 1
Pa:} Aug.22,'01,1%
1909
F.
To 1911.
A.
<fe
Q.-F./j Cincinnati, O. ,Co. Office. Aug.15,'01,3%
do
do
Oct. 15,'01,2%
Q.-J.
8 in 1900 Q.-F. N. Y., Farm. L. & Tr. Co Aug.15,'01,2%
N.Y., Of., 20 Nassau St. Mayl0 01,«a%
,
7 in 1901
Q.
6 in 1900
Q.-J.
J.
See text. Q.-.T.15
See text. Q.-M.15
4^ g. J. & D.
General Office, Chicago Oot.
1, '01,
1%
Checks mailed.
Sep. 30, '01,1^
Checks mailed.
Julyl5,*0l,l%
do
do
Sep 16,'01,l%
New York and Loudon June 1, 1917
Q.-J.
See text.
See text.
Q.-F.
Aug.15,'00,1^
Sep. 30,'01,1^
Q-M.
p. 393.
$17,500,000 Nat, Elec. stock ($4,375,000 paid in), the balance to be
retained to acquire other electric properties in Philadelphia and adjacent counties,
bee V. 69, p. 797, and official circular, p. 853. In
Feb., 1900, about $2,000,000 old Phila. electrio certificates had been
purohased. reducing the amount outstanding to about $11,200,000.—
V. 70, p. 331. In Aug., 1900. purohased $2,000,000 fours, mostly in
the open market, the same being placed in the treasury uncanceled
and held available as collateral for loans. V. 71, p. 393.
Report.— For 15 months ending Dec. 31, 1900, with balance sheet,
was in V. 72. p. 774. showing: Total gross income, $1,717,326; general expenses. $30,429: interest. $1,555,400; balance, sur.. $131,497.
President, Joseph B. McCall; Vice-Pres., William F. Harrity; Secy.,
A. V. R. Coe; Treas., Wm. P. Conover, Jr. Office. N. E. cor. 10th and
Sansom 8ts., Philadelphia, Pa.- (V. 72, p. 286, 774; V.73,p. 496,680.)
Tears ending July 31.
Earnings from cars
Patent royal's.manuf.prof., &c.
g.
Payable
5 g.
Coal-Common
,
165
Rapid Transit Ferry.— See Sup., Oct.,
Republic Iron
New Jersey on May
Steel
1897; V. 68,
p.
1134.
Co.— Organization.- Incorporated
Ac
3, 1899. to consolidate 29 plants making
practically all the plants in theCentral and
in
bar and
forge iron, being
Southern
States west and south of Pittsburg. V. 68, p. 872. Also owns 7 blast
furnaces, mining properties in the" Mesaba range, in the Lake Superior region, extensive Iron and coal lands, including those belonging
to Pioneer Mining & Mfg. Co. of Birmingham, Ala., and the coke plant
of the Connellsviile Coke Co. (See V. 71, p.S4S) For list of properties
merged see prospectus, V. 68, p. 674; V. 68, p. 1227; V. 69. p. 339,
850, 1151; statement, V. 70, p. 228; report, V. 71, p 454. In May,
1900, sold sheet steel mills to American Sheet Steel Co. V. 70, p. 898.
8tock. —Common, $30,000,000; pref (as to assets and dividends), 7
per cent oum., $25,000,000; of which $2,809,000 common and $4,693,100 preferred, reserved to purchase additional properties. Annual
oapacity of flntshed material over 1,000,000 tons. V. 71, p. 453.
Dividends.— On pref., July l.'99,to Oct.. '01, 7 p.c. yearly (1^ Q.-J.)
Dividends on the common stock at the rate of 8 per cent yearly, it is
understood, have been paid.
Report.— Report for year ending Jane 30,1901, in V.73 p. 552'
showed: Net profits, $1,034,238; improvements, renewals, depreoia"
tion, etc., $725,149; div. on pref. (7 per cent*, $1,421,679; bal., def.»
$1,112,384. August Belmoiit is a director.
Officers.— President, Alexis W. Thompson; Secretary, Y. D. Haagsma; Treasurer, John F. Tavlor. Main office. Stock Exchange Bldg.,
Chicago. Directors, Sept., '01, V. 73, p. 555.— (V. 73, p. 5 52, 555
.
)
Rhode|Island Perkins Horseshoe.— See page 172.
Royal Baking Powder Co.—Organization.— Incorporated
in
under the laws of New Jersey, and merged Cleveland Bak.
ing Powder Co., Royal Baking Powder Co., New York Tartar Co.,
Tartar Chemical Co. and Price Baking Powder Co. See V. 71, p. S4J.
Dividends.- On pref., to Oct., 1901, incl. 6 p. o. per an.— 1^ Q.-J.
Pres., Chas. O. Gates; Vice-P., A. H. Porter, Jr.; Treas.. John Morris;
Sec, W. L. Garey. Office, 100 William St., New York.- (V. 72, p. 679.)
Rubber Goods Manufacturing Co.— Organization.— Incorporated in New Jersey on Jan. 26, 1899, and acquired 99% per cent of
the stock of the Mechanical Rubber Co., 75 per cent of the stock of
Feb.. 1899,
Morgan & Wright, Chicago, 111.; the entire capital stocks of the PeerRubber Mfg. Co. of N. Y. and of the India Rubber Co. of Akron, O.,
and the entire stocks of Sawyer Belting Co., Hartford Rubber Works
Co., Indianapolis Rubber Co. and Peoria Rubber & Mfg. Co. V. 68, p.
less
189. See official statement in V. 68, p. 872. V. 68, p. 774; V. 71, V-S45In Feb., 1900, acquired capital stock of Am. Dunlop Tire Co.
Stock, Etc.- Stock authorized, common, $25,000,000; pref., 7 p.
c
cum., $25,000,000; par $100. Outstanding, common, $16,941,700
pref., $8,051,400.
Dividends on pref., June, 1899. to Sept 1901,
7p.c.peran. (1%% Q-M.) On common, July, 1900, to July, 1901,1
p. c. quar. The bonded debt of companies controlled consists of:
$845,500 Mechanical Rubber Co. 1st sinkins fund gold 6s, due Jan. 1, 1918;
1303,125 N Y. B lting & Packing 1st raort. sink, fund deb. 6s, due Jan. 1, 1918,
subject to call at HO, and $19,00J Amer. Duolop Tire 6s, due 1903.
In April, 1901, there were liabilities in the form of guaranties upon
$427,0i0 preferred and $135,700 common stock issued on account of
purchase price of properties acquired.—V. 72, p. 939.
Earnings —For 6 mos. euding June 30, 1901, net, $1 209,564; div.
on pref. (3*2 p a), $281,799; div on com. (2 p. a). $338,834; paid to
Amer. Bicycle Co. for cancellation of guaranties, $120,000; bal., sur.,
$468,931.
Second report for year ending Feb. 1, 1901, in V. 72, p 337. showed:
Net income, $769,808; dividends on preferred (7 p. c), $541,180; div.
on common (3 p. c), $472,233; earnings reserved, $714 486; sur. of
previous year, $1,014,965; bal.. sur., $1,485,846.
Officers. Charles R. Flint, Chairman of the Executive Committee;
Charles Stewart Smith, President; Ulysses D. Eddy, Vice-President;
Wallace B. Flint, Treasurer, and W. A. Towner, 8ec. and Assist. Treas.
Gen. office. New Brunswick, N. J. New York, care I vins, Kidder &
Melcher, 27 William 8t.-(V. 73, p. 187, 496.)
Lighting.— Organization.— IncorporSafety Car Heating
ated in 1887 in New Jersey. Manufactures " Pintsoh" light apparatus, which in 1901 was in use on 17,500 cars in the United States,
including 2,483 Pullman cars. Stock authorized, all common, $5,000,000 ($100 shares); outstanding, $4,849,600. Dividends: 1889 to
1892, 4 p. c. yearly; '93 to '97, 6 p. e.; *98 and '99, 8 p. c; 1900 to Oct..
1901, Inclusive, 8 p. c. yearly (2 p. c. quarterly); also in Oct.. 1901, 3
V. 73,
p. c. extra div. in cash and on Sept 2. 1901. 10 p. c. in stock.
p. 394. No bonds. Directors include: A. P. Hepburn, Thomas C. Piatt,
Andrews, of East
Edward Lauterbach, Austin Lathrop and Robert
OraDge. Main Office, 160 Broadway, New York.— (V. 73, p. 394, 4 47.)
Shelby Steel Tube Co.—Organization.— Incorporated in New
Jersey on Feb. 8, 1900. to take ever the Shelby Tube Co. of Pennsylvania and most of the other prinolpal manufacturers of hollow seamless steel tubing in the U. S.
See list in |prospectus, V. 70. p. 331, 949.
Capacity about 100,000,000 feet. As to alliance with American
Bicycle Co., see V. 69, p. 286; V. 68. p. 1026, 1183. In June, 1901, a
majority of the stock was acquired by the U. S. Steel Corporation,
on the basis of $100 U. 8 common for $400 Shelby common and $100
preferred for $266 23 Shelby preferred, the minority stockholders being
offered the same terms —V. 73. p. 349; V. 72, p. 1285; V.73. p. 86,349.
Stock.— Authorized, common, $9,000,000; preferred, 7 per cent
cum., $6,000,000; present issued, common, $8,151,500; preferred,
$5,000,000. No bonds. Earnings of old Shelby Tube Co. from Aug. 1.
1894, to Aug. 1, 1899. were stated as $1,786,674, an average of
$357,334 yearly. Dividend on preferred, 1^ per cent, paid May 15.
1900; Aug. 15, l\v. c. The Nov., 1900, and Feb., 1901, divs. were
,
—
&
.
166
c
INVESTORS' SUPPLEMENT.
fc.l.i^A-fci^UO.
>l i.-l
For explanation
of
Date
first
Par
Bonds
page of tables.
Slo$s-Shefiefd Steel d 7ron— Common stock. $10,000,000.
Preferred stock, 7 pel cent, non-cum., (10,000,000
Blocs iron A Steel Oo. lsl mortgage
General mortgage, subject to rail at par
goutAern Coiion Oil— Stock
1890
1893
South Tuba Hate r Co.— 1st mortgage bonds
Consol. mortgage, cold, sfi.soo.OOO
S'andurA ilt! 'ff- Stock ($6,900 000 is pref. 5% non-cum.)
Firrt moi
cold, $3,7dO.O00
Cnderij log mortgages undisturbed
Oil- Stock, $100,000,000
Standard
p.
Officers.— Pres., C T Boynton; Treaa., W.
Cockley.
V. 70. p. 331.
8.
1,000
1,000
1,000
100
1800
"Too
1899
1,000
100
1881
1,000
1882
1,000
1883
1,000
1SS7
1,000
1887
1,000
1890 500 Ac
Balance sheet of Api.
286.
ab
100
AC.
passed. V.71,p.l074; V. 72,
73. p. 444.
50
50
1,000
abt
1896
1890
1,
1901, V.
Miller; Sec. H. H.
Cleveland, O. (V. 73. p. 444.)
silver Bullion Certificate*.— See Supplement of Jan.. 1898.
Singer (Sewing machine) Mlgt. Co.— Organization.— Incorporatea in 1873 in New Jersey under special act. Plants are located at
Elizabeth, N. J., and Kilbowie.uear Glasgow. Stock, $30,000,000, having been increased in Dec, 1900, by 200 per cent stock dividend,
capitalizing surplus. V. 71, p. 1224, 1273. Cash dividends, as reported, »ere: In 1898, 30 p. c; in 1899, 100 p. c; in 1900, 20 p. 0.
First quarterly dividend on stock as Increased, 1 % p. c, paid Mar. 30,
1901; June, 1 <k p.c Sept., 1* p 0. Office, 149 Broadway, New York.
Office,
;
—IV. 72, p 4-3.)
Sloss-Sheffleld Steel & Iron Co.— Organization.— Incorpor
ated In New Jersey and in Nov., 1899, acquired several prop
erties or stock repiesenting the same. See prospectus, V. 69. p. 280;
V. 70, p. 1099; V. 71, p. 185,i<y; V. 72, p 779. Stock, $2,500,000 common and $3,300,000 pref. was reserved for a steel plant and future
requirements. See application to list, V. 70, p 164, showing properties, rights of preferred shares, balance sheet, etc.; also V. 72, p. 774.
Dividend on preferred, April, 1900, to Oct., 1901,7 p.
yearly
(Q.-J.) Earnings for 3 mos. cLding May 31, 1901. net. $201,229,
snamst $372,335 in 1900; bond int. and taxes, $57,469; div. on pref ,
$114,000; bal.. sur.. $29,760. Report for year ending Nov. 30, 1900,
tn V. 72, p. 774, showed net, stl.128,313; int. on bonds and taxes,
$230,463: div. on pref.. 5^ p. c. $351,750; surplus. $546,099. Pres.,
E. O. Hopkins; Sec. A Treas., J. H. McQueen, Biimingham, Ala.-(V.
72. p. 531, 774,779, 1191.)
c
Southern A Atlantic Telegraph.— Leased to Western Union
fwhich owns $390,475 of stocH) ano stock guaranteed by rental 5 p. 0.
Southern Cotton Oll.-See V. 70. p. 1 248; V. 72, p. 1285.
Southern New Eng. Telephone.— (V. 72, p. 395, 779, 871
South Yuba Water Co.— See Supplement of January, 1898.
Standard milling Co.— Organization.— Incorporated In New
)
Jersey on Oct 31, 1900, as successor of the United States Flour Milling Co., per plaL ii V. 70, p. 284, V. 71, p. 165, and owns 19 mills in
Duluth, West Superior. Milwaukee, Buffalo. Syracuse and New York.
See V. 68, p. 873,929; V. 69, p. 29, 1010; V. 71, p. 817. In May, 19ol,
It was arranged to lea»- e certain of the mills to the Duluth-Superior
Millinx Co ioimed under Minnesota laws.— V. 72, p. 940. Foreclosure
of the properties of the old company was delayed by litigation on
Aug. 20, 1901. sale was ordered.
Stock and Bonus.- Stock authorized, $4,600,000; pref 5 per cent
non cumulative, $6,900,000. Of the new 1st 5s,$2,261,0( is reserved
to retire at par the $1,496,000 Hecher-Jones-Jewell 1st 6s and $765,000
Northwestern Consolidated Milling 1st 6s (see V.70, p. 283). The plan
limits the new moitgage to $5,750,000, but permltslncreaseof this by
$500,000 for workiiig capital, the bonds to be sold at not less than 95.
Charges, Etc.— Interest charges, $310,110; sinking fund for bonds,
•45,000. The net earnings, It Is claimed, will be at least $700,000.
Officers.— Chairman 01 Board, Brayton Ives; Pres .Samuel Thomas;
Wm. L. Bull: 2d Vice P., J. C. Kllnck; St c. and Treas.,
1st \ice-Pres
Joseph A. Knox. Office, 37 Wall St New York.— (V. 72, p. 535, 940.)
standard Oil.— Organization.— This New Jersey corporation succeeded in June, 1899, to the Standard Oil properties, held by liquidattrustees.
f-ee
ing
mtpplfment for Apiil, 1899, and V. 68,
V. 69, p. 28. Controls petroleum oil lefineries in all the prinp. 1227
cipal Hortbern cities of the United Slates, and produces about 65 per
cent of the country's total output of refined oil also contiols oil wells
in Ptnnsylvania, Ohio and West Virginia, and has pipe lines for trans
mlttlLgitsoil totidewater. V. 66, p. 1239; V. 69, p. 745; V.71,p. 1273.
Stock.—Common, $100,000,000; $10,000,000 preferred canceled.
Dividends— 1891-95.
1396. 1897. 1898. 1899. 1900. 1901.
Percent
12 a year.
31
33
30
33
48 Below.
In lt-00, March, 20 p. c; June, 10 p. c; Pept.. 8 p. c; Dec, 10 p. c; in
June, 12 p. c; Bent., 8 p c.
II 01, Mar.. 20 p. c:
Officers.— President, J. D. Rockefeller; Tieasurer, W. H. Til ford
8eeietary, C M. Pratt
Office, 26 Bioadway, N. V.
DraKCTOBB.—J. J). Rockefellei, William Rockefeller, H. M. Flagler,
J. D. Arehbold.H.H.Rogerh. W. H.lilford.C. M. Pratt, O. H.Payne.
Paul Babcock, C. W. Harkness, T. C. Bushnell. J. A. Moffett and
F. Q. Barstow.-(V. 71. p. 290, 970, 1273; V. 72, p. 167,286, 940.)
Standard Hope A Twine Co.— Incorporated Nov. 8, 1896, under
laus of New Jersey. 8uc< eseor alter toreclsosure of the United States
Cordage t 0., reorganised,
60, p. 1012; V. 63, p. 1064. Union belling
Co. aclaaasellin*.' agent.— V. 67, p. 484; V. 69, p. 644: V. 71, p. 601.
Owns S mills in operatlen, viz., SewalL A Duj mill at Boston <Alst< n),
Mfchs., ai.d ti e Waterbnry and Lawrence mi lis at Biookljn, N. Y
be
ea t*o idle and laitlj Dismantled; also entire stork ol (annaiiiM
Mig. Co., 'ai in « 4 mills— he Chelsea of Boston, \\ m. Wall A Sons and
,
;
,
,
,
;
;
;
V
,
<.
1
k)j 11 ;u
Victoria of Day ion. O see V. 78, p.
shareholders' committt-es weie ui V 72, p. 987. 1 140.
oca am
pita] sues is $12,600,000 (par $100). The
first mortgage Is lor $3,94)0,000, yearly sinking fund 1 percent of
i<ii'- outstanding
rebated for sinking fund and cancel* d to
''t 81, 1901, $215,000. The ci
re non-cumulative Incomes, and
ed to ne \ ote lor each $100 of bonds.
Report.— Yeai endt July 31. Report for 1900-01, in V. 78, p. 614,
showed: Loss on lee year's operations alter paying interest on bonds
and lonowed money, $630,994; surplus auk l, 1900, t143,293;
balm e, tnt-it, to pionl and loss Auk. l 1901, $487,701 Gross sales
in 1899(0, $4
12; in 1*98-99, 14,999,275; In 189" 98. surplus
.m
him s,$ii23 563, against deticlt'of .tl67,>-:i0 m le96 97.
1
1
Vi
1
1
I
1
.
r
Bttorts
614.
1
1
of I'M
;
•
'.
;
:
J>u<iu»— I'l'iiiOl-
Amount
$7,F00 000
0,700,000
2, c oo.ono
2,000,000
2,000.000
160,000
540,000
. 11,500.000
t. 3,489,000
2, V 01,000
97,500,000
2,785,000
6,805,330
1,471,000
20,000,000
5,000,0d0
2,500,000
3,084,000
22,553,600
5,000
120,000
612,000
3,399,000
1,251,000
2.741,500
7 In 1901
6
N. Y. Guaranty Tr. Co. Oct. 2, 01. 1*
N. Y., Central Trust Co. Feb. 1, IP 17
Q.-J.
F.
4I9
A.
6 in 1900 J.
6
A.
6 g. J.
A A
& O
do
ifc
D.
A
Apr.
O.
&
N.Y., Holland Trust.
Apr.
J N. Y. Farm. L. A Tr. Co. July
6*
48
do
Semi an
in »00
1918
1,
From Cainden-by ch'ck J'nel5,'01,4%
Q.-M.
New York.
1910
1923
1,
1,
Nov., 19?0
1911
A
1922
N. Y., 26 Broadway. Sept. 16, '01, 8
A. N.Y., Manhattan Trust. Aug. 1, 1946
g F. &
i
Aug. 1, 1946
6
Phlla. Co.'s Office.
J. & J
Jan., 1911
7 In 1901 Q.-J.
Sep 30,'01,l»i
July 1. 1914
J. A J N.Y..N.Bk.ofRep.ACh
See text.
4 g. J. A J N. Y., Guar. Trust Co. Jan. 1, 192S
Q.-F. N. Y., Hanover Bank,
See text.
do
do
Nov. 1, 1901
"e" M. A N,
F. A A
do
do
Feb. 1, 1902
6
M. A N
do
do
Nov. 1, 1903
7
do
do
Jan. 1, 1917
J. A J
2 g
do
do
A O
Jan. 1, 1917
2 g F. A A
do
do
Feb. 1, 1910
6g.
-
5*
-
-
President, Thomas Russell; Vice Prest.. Alfred R. Turner, Jr.;
Treas. and Sec, Joseph G. Taylor, 14-20 State St., N. Y. Directors:
Thomas Russell, William Barbour, W. R. Potts, Sumner R. Stone,
John Kean, A. R. Turner Jr., Joseph G Taylor, Jos Ci. Relff and E. Le
B. Gardiner.- (V 71, p. 817; V. 72, p. 987,1140, V. 73, p. 614
Standard Table Oil Cloth.— V. 73, p. 142.
Susquehanna Iron
Steel Co.— See p. 171.
swiii
Co.— Organization.— Incorporated in Illinois April 1,
1885. Has packing plants at Union Stock Yards, Chicago; at South
Omaha, Kansas City, East St. Louis, South St. Joseph i.nd South St.
Paul and branch houses for distribution of its goods in nearly every
large city in the Union. V. 68, p. 87. See also Scp. of Oct., 1900.
Stock and Bonds.— Stock was increased in Jan., 1899, from $15,000,» OOto $20,000,000. Dividends since 1889; '89 to '94, inch, 8 p. c;
'95 to July, '98, inol., 6 p. c; Oct., '98 to Oct., 1901. 7 p. c. The outstanding 6s due July 1, 1910, were called for payment July 1, 1900.
and paid from the proceeds of the new bonds. See V. 71, p. 454.
Report.— Report for vear ending Sept. 30, 1900, with bal. sheet, was
in V. 72, p. 135. showing: Sales (over), $170,000,000, against $160,000,000 in 1899 and $150,000,000 in 1898. Net earnings in 1899-0
above depreciation, repairs, etc, $1,919, e22. Pres., G. F Swift; Treas.,
L. A. Carton; Sec.D. E.Hartwell; Asst.Treas.,1 A.Vant.— (V.72,p.245.)
Tamarack mining Co.—V. 71, p. 1124; V. 72, p. 483, 579.
Telephone, Telegraph
Cable Co.— Organization.— Incorporated in New Jersey on Nov. 9, 1»99 (V. 69, p. 1016.) and owns
$2,100,000 of the *1 0,000.000 stock of the Erie (Belli Telegraph A Tels»tOck *9,000,000;
ephone Co. See V. 72, p. 187. V. 70, p. 432
outstanding, $4,686,465; par of shares. $15. V. 71, p. 1170; V. 72,
p. 535. In Sept 1901, Chairman Charles W. Morse of the American
Ice Co., purcha°ed at one-half of the amount paid in over two-thirds
of the stock. V 73, p 448, 555, 725. Directors, V. 72, p. 343. President. James M. Thomas, Cleveland, O.; \ ice-Pres., Henry R. Wilson,
100 Broadway.— (V. 73, p 86, 448, 555, 725 )
Tern plc|i run Co.— See Sdpp. for April, 1901.
)
A
A
A
,
Tennessee Coal Iron A Kailroad Company.— Organization.
—Owns
blast furnaces, coal mines, iron mines, foundries, Ac, in Tennessee and Alabama.— V. 55, p. 60. 463. V. 63, p. 31.
On July 1, 1899, purchased for $850 000 the Sheffield (Ala.)
Coal, Iron A Steel Co., including three furnaces, etc., and on July 5,
1899. the Ensley Land Co., owning 75,000 acres of land. With these
acquisitions included, the Tenn. Coal, Iron A KB. Co. is the owner of
20 iron furnaces (several not in operation) of a total capacity of about
850.000 tons of iron annually, and also of coal and iron lands aggregating 450,000 acres— V. 69, p. 82 V. 68, p. 1227: V. 70. p. 588.
On Nov. 30, 1899, the Alabama Steel A Shipbuilding Co. plant was
opened at Ensley City. The plant will have ten open hearth furnaces
of 50 tons each and a capacity of 1,000 tons of steel billets and slabs
daily, and will be leased to the Tenn. Coal Iron A RR. Co., whioh
guarantees its $1,1 00.000 6 per cent bonds, and $440,000 6 rer cent
preferred stock. V. 70, p. 591. The common stock, all owned by the
Tenn. C. I. A RR. Co., carries control of stock.— V. 66, d. 1002, 1235;
V. 67, p. 127, 801; V. 70, p. 1196; V. 72, p. 584.
Dividends.—On common in 1887, 1 per cent; in 1900, 6 p. c: none
since to Oct., 1901. Preferred, see "Report" belo *r.
Stock.—The stockholders voted on March 14, 1900, to increase the
common stock from $20,000,000 to $23,000,000. Of the #3,000.000
new stock, Sl.tOO.OOO to be used to retire the $1,000,000 of 8 per
cent preferred stock and 54 per oent accumulated dividends and the
remaining $1,200,000 was sold at par to the stockholders to pay for
three Sheffield furnaces, improvements, etc.— V. 70, p. 382, 483, 589.
Bonds.- Of the $15,000,000 general gold 5s of 1901, $3,000,000
were sold to complete the steel mill at Ensley, to have an annual capacity of 100.100 tons of rails and 200,000 tons of steel and other
forms, $10.6*53,500 being re-erved for existing bonds hearing 6 and
7 per cent interest, and the balance for improvements. The making
of rails is expected to begin In the fall of 1901.— V. 72, p. 876, 940,
989; V. 73, p. 86,55*.
Report.— Statement for 1900 was in V. 72, p. 871. Report for 1899,
at length In V. 70, p. 581, 588, showing output: Coal, 4,151,496 tons;
coke, 1,182,286 tons; pig iron, 651,145.
1900.
1899.
1898.
1897.
Tear end. Dec. 31—
$2,347,027
$1,865,705
$868.38? $023,823
lot. net profits
649,830
705.282
610,434
Int. on bonds, Ao
577,832
26,974
13,928
76,962
Bad debts, Ac
(1)
1,497,876
Dividends
;
Balance for year.... sr.$143,869sr.$l,210,911 sr.$224,975 df.$39,935
The dividends as above in 1900 include 6 p. 0. on $15,964,600 common stock and 54 p. c accumulated and other dividends on $1,000,000 preferred stock, since mostly retired.
DiHECTOR8(Mar.,'00)— Cord Meyer, James T.Wood ward, D. H. Bacon,
B. F. Tracy, O. H. Payne, E. R. chapman, James H. Smith, William
Barbour, D.J. McComb. A. B. Boardman, F. S. Witherbee, Edward
Graves, O. McCoy, W. Perry and Henrv 8. Manning, of New York; N.
Baxter Jr., of Nashville; F. H. Benedict. 01 New York; Chairman of
Board, Don H. Bacon; President, N. Baxter Jr.; Secretary and Treas'r.
L. T. Beecher, 100 Broadway, N. Y.-(V. 72, p. 989; V. 73, p. 86, t>54.)
1
1
1
<
<>l
Vol. LXXIII.
pal.Wben Due.
Outstanding Rate per When Where payable and by Stocks— Last
Value.
Cent.
Payable
Whom.
Dividend.
1900
Stand. Bom rf rimif- 1st M.,g.,8. f.,tooall at 105.1tla.c*
Consol. M.. nou-cuui.. incomes, g., to call at par.. «'«• 8*
Susoufhnu Coal.— 1st M.,gu. p. A L, s. f. not sub. to call.
Svri/t 4 Co.-Stock. sf20.000.000
1st M.. $5,000,000, gold, call after July, 1910..
Temple Irot.— Stock, sf5.000.000, guar. See text
Mort. A coll. tr. bonds, $15,000,000, g., gu., s.f.. text.G.o
Tenn. Coal 1. <& RK. Co.— Stock ($248,00018 8% cum. pref.)
Consolidated mortgage
South Pittsburg Pun-base, 1st mortgage
Pratt Coal A Iron Co., Ala., 1st M., s.f., not drawn.. ..c*
Birmingham, Ala., Div.,con.M., g.,s. f. 1%, notd'rm.o*
Tennessee Div. bds, gold, s.f. 1*9% yearly, notdr'n.-.o"
De Bard. M., g., assum., s. f., $30,000 y'ly, not dr'n.c*
ok DIVIDENDe.
IMTKKiwsi
Size, or
of
column headings, Ac, see notes on
I
1
1
.
,
.
V
Terminal HK. Association of St. Louis.- See Raii.koadb.
Texas A Pac. Coal Co.—See Supp. of Jan., 1898. V. 71, p. 1175.
Texas Pacific Land Trust.— See Scpp. of Apr., 1897, page 154;
72. p.
436.
TldewaterlSteelK'o.— V.
69, p. 554; V. 72, p. 46; V. 73, p. 36, 142.
—
October.
1901.
MISCELLANEOUS STOCKS AND BONDS
J
MISCELLANEOUS.
Date
1901
Ma
Paper— Stock,
Pref. stock (as to as.
and
1898
1892
common, $16,000,000
div.),7 p. c, oum.,
1st M., gold, red. at
$1,000
i'.bbo
1,000
100
100
100
$11,000,000.
Union Ferry— Stock
1890 100 &o.
100
100
100
1899 500 Ac.
100
1901
1,000
1900
1,000
50
500
25
25
100
110 after Nov. 1,1895
Un ton Typewriter— Common stock
1st 7 per cent pref erred stook, cumulative
2d preferred stock, 8 per cent, cumulative
Unite t icier trie Co. of N J.— 1st mort., gold. See text...
United Frut— Stock. $20.000.000
Deben., $5,000,000. g..OB conv red. at 110 aft Jan. ,'03
,
No.Ry.ofCostaRioa,l8tM.,g.red.l05,s.f.Alnt.gu.OB.c*
United Gag Improvement Co— Stock, $22,500,000
o*
Debenture bonds, (ourrenoy)
United Shoe Machinery— Common stock $12,500,000 ...
Preferred stock, 6 per cent, cumulative, $12,500,000 ..
U. 8. Cast Iron Pipe d Foun Co.— Pref.stk.,7 p.c.non cum.
Underlying bonds— See text.
United Suite* Cotton Duck. Corp.— Com. stk.. $25,000,000.
Preferred stock, 6 per cent cum.. $25,000 000
Mt. Vornon-Woodberry 1st M., gold. $h,000,000 .... c* 1599
do
income M., $6,000,000
1899
do
....
XT. 8. Envelope— Pref. stock, 7 p. c. oum.. $4,000,000
1,000
1.000
$3,000,000, Sop. April, '97. Dlv.
pref.. 2 p. c, paid April 10,1900; last previous Jnnell. 1894; July,
ltKX), to Oct., 1901, both incl., 8 p. o. yearly, 2 Q.-J.— (V. 70, p. 592.)
Print.
A B'kblnd.— V.
69,
p. 1
060; V. 71,
p. 962.
Union Bag Sc Pap»r Co. Organization.— Incorporated in New
Jersey on Feb. 27, 1899, as a consolidation of over 90 p. o. of the paper
bag business of the country. V. 68, p. 430; V. 69, p. 182. See V. 71. p.
Assets and list of properties see prospectus, V. 68, p. 333;
%45.
rights of stock, etc. V. 68 p. 67^. Statement for year ending Mar.
1, 1901, with balance sheet, was in V. 72, p. 774, showing net earnings,
$803,063; dividend on pref. (7 p. c), $770,000; balance, $33,063.
DiYiDENDS.— On pref., July, 1899, to Oct., 1901, 7 per an. (1% quar.)
Officers— President, L. G. Fisher; 1st V.-P., C. A. Dean 2d V.-P..
A. M. Perrin; Secretary and Treasurer, Frank Washburn. Office, 1
;
Broadway, N. Y.-(V. 70,
p.
632, 840; V. 72, p. 774; V. 73, p. 794.)
«r.— The P. C. C. & St. L. owns
Union Depot Co: of Columbus,
a half interest in this property.— (V. 63, p. 117; V. 64, p. 804.)
Union Ferry.— Operates five ferry lines between New York and
Brooklyn. Capital stock is $3,000,000 par $100. The mortgage covers
19 ferryboats, real estate, etc. Dividends: In 1894, 4 p. o.; 1895,4; in
1896, 4; In 1897, 4; in 1898. 3^; in U>99, 3; 1900, to Oct 1901. 2 p. o.
<»» p. 0. Q.— J.)
As to proposed new ten-year lease, see V. 72, p. 940,
1038, 1140; V.73, p. 86, 187. Pres., Julian D.Fairohild.— (V.73,p.l87.)
Union Lee d & Oil.—See V. 72, p. 492, 884, 940, 1038, 1191.
Union Switch & Signal.—V. 70, p. 428; V. 72, p. 444,479.
Union Type Writer.— Organized in 1893 in New Jersey. A
combination including Wyckoff, Seamans & Benedict (Remington)
Yost Writing Machine, American Writing Machine (Caligraph), Smith
Premier Typewriter and Densmore Typewriter companies.
As to decision in July, 1899, see V. 69, p. 82. See also V. 69, p. 1305.
'93. '94. '95. '96. '97. 1898. 1899. 1900. 1901.
Dividends.
let preferred, p.o
3^
7
7
7
2d preferred, p. o
6
6
8
8
8
16
16
In Apr., 1901, the overdue payments on second preferred were completed. V. 72, p 584. Pres., Clarence W. Seamans; Sec, Geo. K.
Gilluly. Office, Jersey City, N. J.- (V. 72, p. 584.)
United Electric Co. of New Jersey.—See page 171.
;
.
77777
United Electric Securities Co.—V. 72, p. 195, 584; V. 73, p. 86.
United Fruit Co.— Organization.— Incorporated in New Jersey
on March 30, D?99, to control the tropical fruitbusiness. V. 68, p. 620,
979. 1134; V. 69, p. 909, 1016. Stock authorized, $20,000,000; all
common; par $100. Issued, $12,369,500, as increased in Dec, 1900.
V. 71, p. 393. Boston Fruit bonds, $55,000, retirable $30,000 May 1
annually. V. 70, p. 799; V. 71, p. 1020.
Official statement, V. 69, p. 854. Properties owned, see report V. 71,
As to Northern Ry. of Costa Rica, see V. 7i, p. 1067.
p. 1011, 1020
Dividends. October. 1899, to April, 1901, 10 p. c. per annum (2H
Q.-J. 15); July, l^sp. c; Oct., 1*2P 0.
Bonds —Debentures for $3,000 000 were issued in 1901; they are
convertible inio stock at the option of the holder after Jan. 1, 1903.
and are subject to call in whole or in part at the option of the company
after Jan. 1, 1903. Fiom the proc eds the $1,750,000 coupon notes
due Oct 1, 1901, were paid off. V. 73, p. 240, 295, 496
Report— First report for fiscal year ending Aug. 31, 1900, with balaneeeheetandremarkslnfull, wasinV.71.p.l011, 1020. Approximate
statement for year ending Aug. 31, 1901, in V. 73, p. 794, showing
Net
Earnings Other
Miteel.
Dividend Balance,
Fis-al
Earnings.
Sub. Cos. Income. Charges.
\on S'ocle. Surplus,
i'tar
4%
$
s>
^5
%
1900-1. .1,303,517 def 52,031 24,429 177,847 (9)1,084,767 13,vs80
: 899-0. 1,594,669 net 219 14 1
18.005 260,022(10)1,119,257 452,535
Total surplus Aug. 31. 1901, $1,163,424.
Andrew W. Preston, Prest.: 1st Vice Prest., Minor C. Keith; Treas'r,
Charles A. Hubbard; Sec'y, Bradley W. Palmer. Directors Oct., 1901,
V. 73. p. 794. Oen'l offices, bO State St Boston, Mass.— (V. 73, p. 2«0,
295.495,794.)
(The) United Gas Improvement Co.— Organized 1882 in Pennsylvania, reorganized in 1885. Charter is perpetual and business is
the buildiDg, leasing and o, erating of gas works. In 1900 operated in
over 30 leading cities in the U. 8. See list V. 70, p. 1000,944. In 1900
increased stock from $15,000,000 to $22,500,000. -V. 70, p. 87. 5 92, 9 44.
Owns contioi of the Connecticut Ry. & Lighting Co., a consolidation
in 1900; also of United Lighting A Heating Co. V. "iO, p. 944; V. 71,
p. 609, 1273; V. 72, p. 679. In April. 1900, obtaineo practical control
ot the gas and electric-light business adjacent to New York City ex
cept Long Island.— (V. 70, p. 850; V. 71, p. 1175 )
Dividends— Since 1 889, 8 p. c per annum, payable quarterly. In
Jan., 1896, paid extra dividend of 15 p. 0. in convertible scrip.
Report for 1900, in V. 72, p. 934, showed profits of $3,38«,771President, Thomas Dolan; Secretary and Treas Lewis Lillie, Broad
A Arch Sts., Phila. Directors, V. 70, p 1053.— (V. 72, p. 483, 679, 934.)
United Shoe machinery Co.— Incorporated in Feb., 1899, in
*'J: V. 68, P- 333 > 43 °- Stock, common, $12,500,000; par, $25;
outstanding, $10,758,500, stockholders in April, 1901, having subscribed to $1,829,350 new common at par; pret. cumulative. 6 per cent
01 ',°<?P' V?' par * 25; outstanding, $»,3HO,800. Balance sheet Mar.
31, 1900, V. /0. p. 1194. Undeilying bondi-, $250,000 International
uoodyear Shoe Machinery; mortgage assumed, $60,000.
Dividends.— First dividend, *2 per cent on preferred and 23 per cent
n Comu on '??.iQ AprU 15,1899. V. 68, p. 525. On common, July,
? o
A
yearly
p.
ioqo+X01- I 901 elusive, 8at 6cp. c. per (2Q-J). On preferred, July,
i»yj, to Oct., 1901. inclusive,
annum, payable quarterly.
Annual statement March, 1901, V. 72, p. 584.
fli
,
,
'
'
Cent.
5 g.
J.
J.
6g.
6g.
7
g-
7 in 1901
See text.
4
J.
J.
J.
<te
g.
Q.—
M.
New
D.
<fe
A
by
N, Y.,
(?)
3.750,000
5
D
7
A & O.
A. A O.
J. & D
Q.-M.
g.
M.
J.
&
A
When Due.
Dividend.
York.
July
1.
1951
Hanover Bank. July l,'0t,3%
no
do
do
do
July
Dec.
1,
1,
1028
1922
tf.
Oct. 1 '01.
Tit.
Gu.
A Tr.
Oot.
Co., J. C.
See text. Q.-J./
Boston, Mass.
5 g. M. & S.
5 g. M. <tt 8. Boston, Old Col. Tr. Co.
Philadelphia, Office.
8
Q.-J. 15
6
J. & J. Phila., First Nat. Bank.
8 In 1901 Q.-J. u
Boston.
tf
do
Q.-J. i
7
I.
nio< tkt— Last
Y., First Nat'l Bank. Oct 1,'01,1%
Co. office, Brooklyn.
Oot. l,'OI,ifl%
N. N. Y., 30 Broad Street. Nov. 1, 1920
Q.-J.
2 in 1901
J>
J.
J.
A
&
Bond*— Principal
Whom.
Payable
6
<t)
100
Trenton Potteries Co.— Stock,
Trow Direct.
$3,000,000
440,000
1,100,000
950,000
16,000,000
11,000,000
3,000,000
2.200,000
10,000,000
4,000,000
4,015,000
16,110,000
12,369.500
3,000,000
1,600,000
22,500,000
1,000,000
10,758 500
9.360,800
12,500,000
167
INTEREST OK DIVIDENDS.
Rate per When Where payable and
See text.
See text.
on
'
Amount
of
Ttnn. Coal Iron J- RK. Co.— (Cone ud d.)—
TVnn. Coal Iron & RR. gen.M..g.. $15,000,000. U11...0*
Ala. Steel A Shipbuilding, pref. 6 p. o. cum., guar
1st mortgage, guaranteed, gold
Cahaba 1st M., $1,100,000 gold, gu., s. f., red. at 110.. o*
it
Size, or
of
Par
column headings, Ac, see notes on
Bonds Value. Outstanding
first page of tables.
For explanation
Un ion Sag
Jj
:
S.
J.
Q.-M.
N. Y.,
Tho
iias
& Post.
Confl Trust Co Bait.
do
do
,
June
3ifl
1, '01.
1.
4
1949
Oct 15,*01,lifl
Sept. 1, 1911
Sept. 1, 1915
Oct. 15,'01,2%
July 1, 1902
Oct. 15,*01,2%
Oot. l.VOl.lifl
June 1, '00,1%
Sept. 1,
Jan.
1.
1949
1950
-
N. Y.. Prod. Ex. Tr. Co. Aug.31, 01,13t
President, Sidney W. Winslow of Boston; Treas. and Gen. Man., Geo.
W. Brown of Boston. 8hoe & Leather Bl'dg., Boston, Ma-s.— (V. 70,
p.
1194;
V. 71, p. 393; V. 72, p. 584.)
United States Cast Iron Pipe A Foundry Co.— Organiza-
New Jersey on Mar. 3,1899, to unite companies controlling the larger part of the cast-iron pipe business of the
U. S
V. 68, p. 430. For list of properties see prospectus in V. 68. p.
233 V. 69, p. 757; V. 71, p. 1124. Dividend on preferred, 1% percent
Dec, 1899, to June 1, 1900, inclusive, 1 % p. 0. quarterly (7 per cent per
annum). None since to Oct., 1S01.— (V. 71, p. 454.) common and
pref. stks. authorized, $15,000,000 each; outstand'g, $12,500,000 eachBonds.—Underlying bonds, American Pipe A Foundry Co.. $1,194,.
000 6s (int. J. A J.); Anuiston mortgage bonds, $105,000. V. 70, p. 87.
Balance sheet May 31, 1901, V. 73, p. 336.
Directors.— Samuel Thomas, Colgate Hoyt, A. C. Overholt, B. F.
Overholt, C. E. Burke. E. C. Fuller, Anthony N. Brady John R. Walsh,
A. H. McNeal, George J. Long, A. F. Callahan and A. Howard Hinkle.
Officers— Pres., Samuel Thomas; Sec. and Treas., B. F. Haughton.
Office, 80 Broadway, N.
—(V. 71, p. 89, 454, 1124; V. 73, p. 33*.)
tion.— Incorporated in
;
Y
United States Cotton Duck Corporation.— Organization.
—Incorporated
in New Jersev on June 4, 1901, per plan in V. 72, p.
992, 1028, 1241, as a consolidation of the Mount Vernon-Woodberry
Cotton Duck Co. (see list 14 mills V. 69, p. 129.) Stark Mills, (V. 72,
p. 940, etc , certain additional properties to be operated under option
of purchase to Jan. 1, 1903.— V. 72, p. 1140.
Stock. —Authorized, $25,000,000 each of common and 6 per cent
cumulative preferred. Present issues to be common. $10,000,000 and
preferred, $16,100,000, the latter including $8,000,000 provided uuder
the plan for the exchange (optio al with the holders) of Mt. VernonWoodberry 1st 58 and $5,000,000 for $6,000,000 income 5s of that 00.
Earnings.— The net profits of the Mt. Vernon-Woodberry Cotton
Duck Co. for the year ending Dec. 31 1900. were $1,103,673; those of
new propeities to be acquired were reported as $300,000 yearly; dividend on $16,100,000 preferred (amount to be outstanding on retirement of all the old bonds) calls for $966,000 yearly, leaving over
*400,000 available for the common stock, or 4 per cent.
Chairman of Board, S. Davies Warfleld; Pre«'t, Richard Cromwell,
Equitable Building, Baltimore, Md. Directors and officers, V. 72, p.
1140.- (V. 72, p. 992, 1038, 1140, 1241.)
United States Envelope.—Incorporated in 1898 under the laws
of Maine.
Absorbed ten companies named in V. 66, p. 1003,
producing over 90 per cent of the commercial envelopes in the United
States. Output 17,000,000 daily; capacity over 20,000,000 daily.
Stock, $1,000,000 com., issued $750,000; par, $100; pref., $3,750,000;
par, $100. Bonds, $2,000,000. See V. 66, p. 1003; V. 67, p. 179.
Dec, 1898, paid 2 p. c on pref .; June, 1899. to Sept., 1901, incl., 7 p. c
per annum (Q-M). Bal. sheet June 30, 1899, V. 70, p. 685.
Officers.— President, C. H. Hutchins; Treas., R. W.Day, Springfield,
Mass.; Sec, Frederick Plimpton, Springfield, Mass. (V. 70,p. 685.)
United States Express.—An "association" organized under the
laws of New York 8tate in 1854; not incorporated. Operated Dec,
1900, on about 30,000 miles of railroad in the United States.
In
1887 the stock was increased $3,000,000, to $10,000,000, and the
,
Baltimore A Ohio Express was purchased. As to Metropolitan Express
Co organized in 1900 with $500 000 stock, see V 72, p 92.
Dividends. > '88. '89. '90. '91. '92. '93. '94. '95. '96 to '00. 1901.
,
554 22420
313
Since '87, p.o. s
3 yearly.
In 1901 representatives of the Adams and American Express companies and other interests entered the directory.- (V. 73, p. 794.)
United States Flour milling.— See Standard Milling.
United States Leather.— Incorp. Feb 25, 1893, in N. J.—V.
56, p.
757; V. 57, p. 23; V. 61, p. 114; V.71, p. 557, 817. Output, sole leather.
Stock.—Wording of pref. certificate is in editorial in May 1/93, 8upp.
Dividends.
1895. 1896. 1897. 1898. 1899. 1900. 1901.
Preferred, p.o
6
6
6
1
4
4%
5
Overdue on preferred: May 1, 1893, to July, 1901, 34'n p. c
Bonds.— Sinking fund 4 p. c of issue yearly, the debentures to be purchased or drawn at 110. Debentures for $9,653,000 have been certified by thetrustee, but on Dec. 31, 1900, only $5,280,000 outstanding.
See adv. in Chronicle of May 6, 1893, and application V. 57, p. 23.
Annual Report.— Fiscal year ends Deo. 31. Report for 1900, in V.
72, p. 436, gave merely balance sheet showing profit and loss surplus
of $4,540,870 on Dec. 31, 1900. In 1899 surplus was $4,855,487.
Officers— President, James Horton, Middletown, N. Y.; Sec'y,
Josiah T. Tubby, Brooklyn, N. Y.; Treasurer, James R. Plum, N. Y.
City. N. Y. Office. 26 Ferry Street.— (V. 71, p. 557, 817; V. 72, p. 436.)
United States Mortgage
Trust Co.— Chartered in 1871.
Formerly 77. S. Mortgage Co.; present name assumed Feb. 23, 1895.
Stock.—Capital stock is $2,000,000 par, $100. Surplus, $2,250,000;
undivided profits Jan. 1, 1901, $174,525. Dividends.— In 1894, 6
p.c; '95. 6; '96, 6; '97, 6; '98. 6^.; '^9, 9; 1900. 10; 1901, 11.
Bonds.—The series of mortgage trust bonds, $1,000,000 each, are
secured by deposit with trustee of first mortgages on improved city
real estate "in amounts at least equal to the bonds outstanding."
See application to list $5,000,000 bonds given in full in V. 67. p. 487.
Officers.— President, George W. Young; Treasurer, Clark William*:
Secretary, William P. Elliott. -(V. 68, p. b29; V. 73, p. 681.)
United States Oil Co.— See page 171.
United States Rubber.— Organization and Property.— Organized under laws of New Jersey in October, 1892, for the manufacture of rubber boots and shoes, etc. Application to N. Y. Stock Exch.
in 1892, V. 55, p. 1039; see V. 56, p. 539; V. 71. V-545- In 1893 acquired five additional concerns. In Sept., 1898, purchased the
A
;
INVESTORS' SUPPLEMENT.
16$
MISCELLANEOUS.
I
Vol. LXXIII
Bonds— fnnol-
INTEREST OR DIVIDENDS.
Date 8i * e or
pal.WhenDue.
Amount Rate per When Where
For explanation of column headings, Ac, see note on
of
Payable, and by Slocks— Last
first page of tables.
Bonds Value. Outstanding Cent. Payable
Whom.
Dividend.
'
T. £ Enrtl. iconcl.l- 1st M., g., red. aft. 1908 at 104, S. f..
- took
Unite.
Untied State* t'tour llillinn— See STANDARD MILLING.
United States Leather—
stock, ft! 1,000 000... Ce
Preferred stock, cumulative, 8 p. c. $04.000.000
Deb. $10,000,000. g., s. (.. 4 p. c.sub. to call at 110. Ce.
United Stales },
I /"nor— Stock
1st mort. trust' s "K" A "F" g., red. after 10 yrs.o'Ar
bonds.
£"li" to "K" g., red. altero years. c*
United States Rubber—
($25,000,000 authorized)
Preferred ($25,000,000 authorized) 3 p. o. uou-cuui
Boston Rubber Shoe Co., gold, bonds
United State t Steel Corporation— Com. stk . $550,000,000
1S9S
100
Common
Common
Preferred stock, 7 per cent cumulative, $550,000,000
Poll it tr M KMM OOO OOO rca ut 1 15,8.f.(text) U»0*Ar
Loiut.tr. .M.,^04,iKW,0OO
)not red 8 f (text) .. .o\fcr
s
t
$2,000,000
6 g. J.
10,000,000 3 '-j in '01 M.
$1,000
100
100
1893
62,869,800
62,269,800
5,280,000
2,000,000
2,000,000
6,000,000
23,666,000
23.525,500
4.800,000
508.363,800
510,196,400
1,000
100
1897-8
1,000
•98'01 100 Ac
100
100
1898
1,000
100
100
1901 l.OOO&o
1901 1,000 Ac
|
Bonds or Companies Controlled—
Illinois Steel debentures, (uo longer convertible)
B D convertible debentures.
Elg. Jol.
K. 1st M. ($10,000,000) c.Ce
c*
o*
A&B
*
o*
Duluth A Iron Range. 1st mortgage. Tip
cfer
2d mortgage, currency, red. at 105, $5,000,OOO.Ce.o*
1890
1,000
1893 500 Ac.
1.000
1891
1887 l.OOOAc
1
sot;
1,000
1,000
Johnson Co.of Pa.lstM ,red.$100,000 Sep.l.y'ly.Us-.o 1894
American S eel & Wire mortgages
American Steamship 1st mort., $5,630,000, g., guar. 1900
Carnegie Co. col. tr. M., $or £,s.f ,red at 105 af.*05.UsC 1900 l.OOOAc
Prick Co. M..
s.
red. at 105. $100,000 yearly
f..
stock of the Boston Shoe Co. for $1,000,000 cash, $4,125,000 preferred and $3,500,000 common stock, the Shoe Co. having first Issued
$5,000,000 gold bonds to its stockholders; see V. 67, p. 905. V. 66, p.
691. 738, 802. 905. Companies outside "trust" June, 1900, see V. 68,
p. 574, 675, 725; V. 71, p. 37, 1317; V. 72, p. 92. In 1899 sold rubber
tire business to Rubber Goods Mfg. Co —V. 69, p. 1106. Exports of
rubber boots and shoes for 1901, 1900 and 1899, see V. 73, p. 622.
stock.— Preferred stock has preference as to assets and earnings
and no bonded or mortgage debt oan be oreated without consent in
writing of holders of three-fourths of each olass of stock. Common is
entitled to all surplus after eight per oent on preferred. See wording
of pref. certificate in editorial of May, 1893, Supplement.
1900.
1901.
Divs., p. ct.
1893. '94. '95. '96. '97. '98. '99.
Common
00c 2^02 02
)
Prefe rred
$
^8
yearly^
None
2
8
Jan., 1
8
8
U In 1897 paid on preferred in Jan., 49b; July, 2%.
In Jan., 1901, dividend on preferred stock was reduced; none has
been paid since. V. 72, p. 118, 679, 1033.
Annual Report.— Fiscal year ends March 31. The annual statement for year ending March 31, 1901, was given in V. 72, p. 1033.
1901.
19(0.
1899.
p.
116
Gross income
Rent, expenses, etc
$265,622
203,016
$3,233,773
225,886
$3,416,381
189,867
Balance
Dividends on preferred.
Dividends on common..
$62,606
$705,; 65
$3,007,887
(8)$1,832,040
(4)946,640
$3,226,514
(8)$1,882,040
(3)
Balance for year
Previous surplus
def.$643,159
832,703
Depreciation andlosses...
161,531
Surplus April 1
$25,013
$179,207
823,522
170,026
$1,344,474
108,913
629,864
$832,703
$823,523
Charles R. Flint, J. Howard Ford, Robert M. Gallaway, J. D. Vermeule,
Henry L. Hotchkiss, Ephraim L. CorniDg, Charles L. Johnson, Lester
Leland. Frederick M. Shepard, E. 6. Converse, Costello C Converse,
Frederick C. Sayles, James B. Ford. President, Samuel P. Colt; VicePres., Costello C. Converse; Sec, Samuel P. Colt; Treas., James B.
Ford; n.M. Sadler Jr.. Ass't. Treas. N. Y. Office, 9 Murray 8t.—(V.
72, p. 46, 92, 286, 679, 940, 1033, 1039; V. 73, p. 188, 622.)
United State* Steel Co.— Organization.— Incorporated In West
Va. on Sept. 5, 1899. V. 69, p. 909. Manufactures "Jupiter" steel
from steel scrap or refuse by patented processes; plant at Everett,
Mass. V. 69, p 1017. Stock authorized. $3,000,000; par of shares,
$5; outstanding February, 1901, $l,780.00o. Dividends from December, 1899, to Jan 27, 1901, inclusive, 12 per cent yearly (changed
to Q.J.). Balance sheet Mar. 31, 1S00, V. 70, p. 1094. President,
H. B. Whall: Treas., Chas. S. Miller; 8ec, H. R. Bradstreet. Office,
145-147 Oliver Street, Boston, Mass.— (V. 73, p. 240, 290.)
i nil.
state* Steel Corporation.—Organization.— Incorporated In New Jersey on Feb. 25, 1901, and acqulced per plan in V. 72,
p. 441, 67!), practically all the stock of the leading steel companies of
the Central West, viz
,
I
:
Federal Ste.l, com
Total $tock.
$46.484, :!00
53,260,000
Amer. Tin
Plate,
Tnt,il»ti>ck.
2-,000,00cj
7 p.c. pref. l«,335,i 00
com
..
do
6 p. c. pref.
do.
15C.H00.Oi C Amer.St.Hoop.com
Carnegie
)9,'00,t00
National Tube, com ..
40,000,000
do.
7o. c. pref.. H.OOO.iO)
7 p. c. pref.. 40,000, Ou Amer. Sbeet St., com
do
2i,fi00.uu0
DSJ.OOO.OO
National Steel, com
7 p. c. pref. V4.600.0' o
do.
do
7 p. c. pref... 27,000,000 L. Mip'orCon. I.MInes.
29.4 5.940
Amer. Bridge, com
30.527,400 Shelby Steel Tube, com
f ,175,000
W.627.HOO
do.
7 p. clpref
f, 000,000
do
do
7 p. c. pf.
Amer. it. 4 Wire, com
50,oo0,000
.
.
'
.
.
.
do.
do.
7
.
.
.
p.e.pref. 40.0c
0.'
>
The syndicate represented by J. P. Morgan A Co. agreed to provide
the new company with $25,000,000 working capital. V. 72, p. 483.
The company suffered from an extensive strike lasting from July 15
to Sept 14, 1901. See terms of settlement, V. 73, p «81.
Properties Owned.—The properties owned are described unofficially in a general way as follows: 78 blast furnaces, with a capacity
of upward of 6.500.000 tons of pig iron yearly, or half that of the
United States in 1900; 149 steel works and 6 finishing plants, including bar mlBA, trnetnral steel and plate mills, tin plate works, i-heet,
wire rod and nail mllK with an annual capacity of about 9,000.000
tons of finished material; 18,300 coke ovens; about 70 per cent of the
ore mines of the Lake Superior region, producing in 1900 12,724,900
tons; 70,830 acres of coal landr, about 30,000 acres of surface lands In
the coke region, ana 125 lake vessels, etc.— V. 72, p 483, 1038. In
June, 1901, a majority of the capital btock of the Shelby Tube Co. was
purchased on terms, V. 73, p 349.— V. 72, p. 1285; V. 73, p. 86. Coke
properties, V. 73, p. 290.
Stock.—Of the $5*0,000,000 each of common and preferred stock,
$508.4fc6.300 preferred and $506,473,400 common were issuable to
acquire the stocks of the constituent companies above named [except
Shelby Company tlnee acquired}, aggregating $247,613,700 preferred
and $299,234, 100 common, and to supply working capital, the new
collateral trus' bonds being also issued in connect!' n with the purchase
of the Carnegie Company. In April, 1901, over 98 per cent of the old
stocks had been acquired. The exchange of be Shelby Steel Tube Co.
stock will require £2,037,800 common and $1,875,000 preferred
stocks, which i- being issued.— V. 73, p. 349, 394, 448.
Dividends— Dividend- on preferred. 1\ p. c, paid Aug., 1901; Nov.,
1 H p. c.
On common, 1 p. c, Hept 1901; Dec 1 p. c.
I
,
,
i
J, Boston. Old Col. Tr. Co. Aug. 1. 1918
N. N. Y., Office, 49 B'way. Nov.15,'01,2%
None
paid.
6 in 1901 Q.-J. Office, 26 Ferry Pt. NY. Oct. 1, 01, li*
6 g. M. A N. N. Y., ParkBk.; Boston. May 1. 1913
11 In '01 J. A J. N. Y.,Offlce, 59 Cedar St. J'ne29,'01,6%
4 g. Various
do
do
1917-1918
4 g. Various
do
do
1918-1921
2 in 1899
Office, 9 Murray 8t.N. Y. Apr.30,'00,1%
8 In 1900 Q.-J.
do
do
Jan.31,'01,1%
5 g. P. A A
do
do
Aug. 1, 1908
See text.
— M. N Y Oil". Empire Bldg. Deo.20,01,1%
See text.
,-F.
do
do
Nov. 6,'01, 1%,
5 g
Various N.Y., J.P Morgan A Co, April 1, 1951
301000000 <
do
5g.
do
do
I
April 1, 1951
,
I
2,922,000
6.900,000
7.852,000
6,732,000
1,000.000
1,300,000
101,656
5,530,000
3,000,000
1,800,000
5
5
J.
A.
I*
6
6
5
M.
A.
J.
M.
g.
5
Bonds —The
A J.'
do
do
Jan. 1, 1910
A O. N.Y., Oft., Empire Bldg. Apr. 1, 1913
A N.
do
do
May 1, 1941
A O
do
do
Oct. 1, 1937
A J
do
do
Jan. 1, 1916
A S N. Y., U. 8. Trust Co.
To 1914
A
A
5
g.
O. N.Y.,U.S.Tr.Co.,or Lon.
Apr.
July
J,
1920
1, 2000
1, 1919
bonds are secured by all
the securities owned. Of the $304,000,000 bonds, $160,000,000 were
Issuable $ for $ in exchange for the Carnegie Co. bonds and the balance, together with a portion of tne common and preferred stock, for
the $160,000,000 stock; $154,000,000 of the bonds (series A, C and E)
are subject to call in whole or part at 115 per cent after Apr. 1, 1911;
a sinking fund of $3,040,000 yearly, beginning June 1, 1902, oan
purchase bonds if obtainable at not exceeding 115 and interest, and
after April 1, 1911. may be applied to the redemption of series A. C
and E bonds
to
collateral trust 5 per cent
be drawn by
lot.
Particulars as to the prinoipal properties owned may be found as
follows, reference to the last report lelng given in heavy type:
Federal Steel. V. 67, p. 483, 633, and Jan., 1901, Supplement; V. 70, p. 684.
Carnegie Co., V. 68, p. 926; V. 71. p. 1014. No reporr.
National Tube, V. 70. p. 744, V. 71, p. 240: V. 71, p. 235, 240.
Natioual Steel. SCPP.. Jan., 1901, V. 70, p. 582.
American Bridge, V. 71, p. 8«; no report.
American Steel A Wire, V. 66. d. 016; V. 67, p. 632;
V
69, p. 543, 616, 744; V.
70, p. 383; V. 71. P. 1222; V. 72, p. 24*.*.
American Tin Plate, V. 67, p. 1261; V. 68, p. 829; V. 69, p. 1347; V. '.0, p. 843;
V. 71. p. 135; V. 72, p.t-9.
American Steel Hoop, V. 68, p. 870; V. 69, p. 852; V. 70, p. 1093,
American Sbeet Steel, V. 71, p. 183; no reoort.
Lake Superior Consolidated Iron Mines'', V. 72, p. 1038; no report.
Shelby Steel Tube, V. 70, p. 881, 919; uo report.
Terms of Exchange.—The
basis of
Ex- hanged for
exchange was as follows:
Ext.hanqi&lor
Hew 7% New
com.
New "7% Hew
Each $100 of—
pref.
Federal Steel pref
The "gross income" in 1901 was made up of results from operations of plants and dividends on investments, $231,355, and of net
income from commission on sales of rubber boots and shoes, $34,267.
Directors.—Samuel P. Colt, H. E. Converse, James B. Fori,
.
I
A
A
com.
$110
$lo7'.;
4
common...
VVirepref... 117^
...
com
do.
102Ji
NationalTube pref
... 125
....
common..
8 4-5 125
do
126
National Steel pref
do,
common,
125
Amer. Tin Plate pref .... 125
do.
125
com ... 20
Am.
Each $100 of
pref.
Amer. Steel Hoop pref $10U
do
Steel
do.
A
com
do.
Amer. Sheet
Steel iref.
$109
.
100
do.
com.
American Bridge pref. ., 110
do
do
com ..
Lake Superior Consoli-
100
105
dated iron Mines.
135
136
Shelby Steel Tube, com. ....
25
do
7 p.c. pf. 37 50 ....
Earnings.— Statement for the six months ending J ept. 30, 1901
(September estimate 1), was in V. 73. p. 722, showing: Total net earn-
ings, $^4,954,871; sinking fuuds and maintenance, $7,059,705; interest on bonds. $7,600,000; div. on pref. (3»s p c), $17,824,962; div. on
co nmon, $'0,143,462; bal., applicable to surplus, or new construo
tion, $12,326,742.
DIRECTORS.
For Two Year?.
Francis H. Peabody,
Charles Steele,
William H. Moore,
For Three Ttars.
J. P.
Morgan,
John 1). Rockefeller,
Henry H. Roger*,
For One Year.
Marshall Field,
Daniel G. Reid.
J. I). Rockefeller Jr.,
Alfred Clifford.
William E. Dodge,
Nathaniel Thayer,
Abram S Hewitt,
Clement A. Gnscom.
Treasurer, Arthur F. Luke,
Charles M. Schwab,
Norman B. Ream,
Elbert H. Gary.
Peter A. B. Widener,
Robert Bacon,
James H. Reed,
Henry C. Prick,
Edmund C. Converse,
William Edenborn.
Percival Roberts.
Officers.— President, Charles M. Schwab;
Secretary, Richard Trimble.
Exkcutivk Committee —Elbert H. Gary. Chairman; Daniel G. Reld, William Edenborn, Kdinund C. Converse. Percival Roberis and Charles Steele.
Financk Committer.— Robert Bacon, Chairman; Henry H. Rogers, Norman
B. Ream, P. A. B. Widener.
Office. 71 Broadway. New York City— (V. 73, p. 349, 394, 448, 509,
555,622, 681, 722,725.)
Virginia-Carolina Chemical Co.— Organization.— Incorporated on Sept. 12, 1895, and has acquired most of the successful manufactories of commercial fertilizers from Bait, to Atlanta and Savannah.
V. 68, p. 431; V. 69, p. 232, 964; adv. lnCHRON. Mar. 4, '99; V.72,p.444.
See application showing properties owned, etc., V. 72, p. 1186; V. 72,
p. 1191, 1285; V. 73, p. 137, 240. The Southern Cotton Oil Co., most
of whose $11,000,000 etock is owned, operates the cotton oil properties owned by the Chemical Co and also various outside properties.
Sec V. 73, p. 240, 137.
Stock.— The stockholders voted on July 17, 1901, to authorize an increase in the common stock from $12,000,000 to $38,000,000, the new
stock to be issued for cotton oil, etc. properties, recently purchased,
and from time to time as required, but none issued to October, 1901.
,
— V. 73, p.
36, 137.
Dividenib-(P.C))
Common
>
Preferred, 8 p.c.
)
1896.
Peel
1897.
1898.
1899.
1900.
1901.
4
4
4
4
Ino.Sept.,3
In full to Oct., 1901, inclusive (paid Q.-J. 15).
Report for year ending June 15, 1901, with balance sheet, in V. 73,
136, showed net earnings. $1,783,955; div. on pref. (8 p. c), $809,E.
25; div. on com. (4 p. c), $390,000; bal., sur., $584,430.
Officers. - President, S. T. Morgan; Secretary, S. D. Crenshaw;
Treas., 8. V7. Travers, Richmond, Va.-(V. 73, p 36, 136, 240, 295.)
Virginia Iron Coal
6c
Coke Co.—Organization.— Owns
fur-
naces at Roanoke, Pulaski, Buena Vista, Radford, Graham, Max
Meadows and Reed Island, Va.; Bristol, Embreevllle and Johnson
City, Tenn., and Middlesborough, Ky.; Radford Pipe Works, Radford,
Va: Crescent Horseshoe Works, Max Meadows, Va.; steel works at
Middlesborough, Ky., and certain loundry and machine works. Also
owns about 132,000 acres of coal lands, and owns and controls about
209,000 acres iron ore and timber lands, together with all the bonds
and all the capital stock of the Virginia & Southwestern Ry, Big Stone
Gap to Doe Mountain, via Bristol and Elizabetuton, about 135 miles.—
V. 68, p. 675; V. 69, p. 388. In 1901 Arcber A. Phlegar of Christianburg, Va., and Henry K. McIIarg of New York were appointed
receivers. V. 72. p. 286, 679.
m
n nnn
8tock authorized, $10,000,000, all common; outstanding, $8,970,000;
par $100. Of the 5s of 1899 about $500,000 untssuel is reserved to
retire an equal amount of Carter Coal & Iron bonds. Besides bonds
as in table above, there Is outstanding a $1,000,000 loan secured by
OCTOBEB.
AND BONDS.
MISCELLANEOUS STOCKS
1901.]
MISCELLANEOUS.
For explanation of column headings,
tirst page of tables.
&c
Date
see note on
Size,
of
ori
Par.
]
INTEREST OR DIVIDEND-'.
ttti.„„
When (where Payable, and
Payablei
Cent.
Whom.
d„* per
Rate
!
.
Bonds Value.
169
$195,000
Corporation— (Concl.) - Amer. Tin Plate morts.
5 &6
2,781,000
National Steel mortgages ($250,000 are 5s)
Pittsburg Bessemer & Like Erie RR.-See that compa ny und or RRs.
com., $38. 000,000.
$100 12,000,000 See text.
Tirginia-larotina <"hi nucal— Stock,
100 12,000,000 8 in 1901
to assets) 8 p. o., oum., $12,000,000
Pref. (also
abt. 5( 0,000
Iron Coat <£ Coke- Carter Coal & Iron bonds
Virginia
1,000
8,853,000
5 g.
Va. Iron Coal A Coke. 1st M.. *., $10,000,000... Ma. 0* 1899
1900
575,000
6
Mortgage to secure notes, $700,000.
"lOO
8.000,000 6 in 1901
Wells, Fargo <t Co.—Stock
1900 100 &o.
6,383,000
Welsbaeh Co.—Coll. trust mort.. gold, $7,000,000, s. f
5 g.
3,555,000
Westchester Lightnig-lut M., $10,000,000, gold. Col. ..o* 1900
1.000
5 g.
100
4,000,000 6inl901
Western On*— Stock $4,000,000
1,000
3,998,500
Collateral trust 1st M.,$4,000,000,gold,red.atllO.C«-.c* 1893
5 g.
1,000
1,500,000
4^
Western Transit Co.— Bonds, gu. by N. Y. C. ext. in '94 18S4
100 97,340,589 5 in 1901
Western Union Telegraph Stock
Real est. bds.,g., (lien on W.U.Bldg., N.Y.C.)s.f.(not.dr.). 1872
1,000
1,158,000
7 g.
8,502,000
Collateral Trust bonds.
o* 1888
1,000
5
4*3 S.
Pund'g and real estate mort., $20,000,000, gold.F.cfer 1900 l.OOO&c 10,000,000
Westinghouse Air Brake— Stock, $11,000,000
50 10,950,000 24 in '01
Old com. stook...
Westinghotise Electric <£ Mann fact ur'g
50
37,050
50 10,536.716 5\ in '00
Assenting stock (see V. 7', p. 1274)
First pref. ($4,000,000) stock, 7 p.c, cum. (see remarks).
50
3,997,450 7 in 1901
3,'- 00,000
1898
Debenture certificates, $3,500,000, gold (see text).
1,000
5 g.
189S
1,000
850.000
Walker Co. 1st mortgage (see text)
6 g.
Westinghouse Machine— $3,000,000 (part preferred)
50
3,000,000 6 in 1901
i
|
Bonds— PrinciWhcnDue.
pal,
by
V. S. Steel
U
Mo
—
Me
Mortgage
Newmortgage, $1,500,000, gold
$1,000,000 Virginia
& Southwestern
—V.
1899
Ry. 5 per cent bonds as collateral.
and 80 Broadway, N. Y.— (V.
72, p. 286. Offices, Bristol, Tenn.,
72, p. 286, 679.)
Warwick Iron Sc Steel.—V. 72,
p.
195, 479,492, 535, 1140.
Wells, Fargo & Co. (Express).— Incorporated under the laws
February 5, 1866. On January 1, 1901. operated on
35,791 miles of railroad, 1,305 miles of stage and 5,574 miles of
steamer routes; total, 42,670 miles. Of the stock, $1 ,530,000 is owned
by the Southern Pacitic Co.— V. 71. p. 1317. Dividends of 8 per cent
years, but the
£early were paid for many to 3 p. c; 1895, semi-annual dividend paid
l July, 1894. was reduced
to July 1901, 6 p. o. yearly
of Colorado
& J).— (V. 63, p. 563; V. 71, p. 1317.)
Welsbaeh Co.— Organization.— Incorporated in New
<3 J.
Jersey Apr.
per plan (V. 70, p. 898) of the Welsbaeh
Light and Welsbaeh Commercial Companies. The United Gas Improvement, it is understood, owns control. Stock, $3,500,000, par $100.
Dividends.— First div., 2 p. o., paid June 28, 1901.— V. 72, p. 1241.
Bonds.—Of the $7,000,000 gold 5s (Provident Life & Trust Co.,
Philadelphia, trustee) $409,000 reserved for working capital, etc.
Report.— For year ending May 31, 1901, profits were $625,337; Interest and sinking fund. $ 132,410; depreciation. $13,546; dividend,
2 p. o paid June 28, 1901, $70,000; bal sur., $109,8- 1.
Pres Pidney Mason; Seo. and Treas , Lewis Lillie. Office, N. W. cor.
Broad and Arch Sts., Philadelphia.— (V. 72, p. 940, 1241; V.73,p. 555 )
28, 1900, as a consolidation
,
,
'Westchester Lighting.— See page 171.
Western Gas Co. (Milwaukee).—Organized in 1893 under the
laws of New York. Owns entire capital stock of Milwaukee Gas Light
Co., this latter company being entirely free from encumbrances. See
statement to N. Y. Stock Exchange in May, 1897, in V. 64, p. 1182. In
Aug.. 1901, 75 per cent of the stockholders had received in exchange per $100 share $100 in preferred and $30 in common stock of
the American Light & Traotion Co. V. 72, p 725. See that company.
Dividends.— 1896, 596; '97,5; '98, 6; '99, 6; 1900,6; 1901,6.— (V.
70, p. 692; V. 72, p. 679, 725 )
Western Transit Co.— Owns piers in Buffalo, N. Y., fleet of 13
steamers and also barges used on the Great Lakes. Has valuable real
estate in Buffalo. The N. Y. Central owns its $1,000,000 capital stock.
Western Union Telegraph.— Organized under the laws of New
York 8tate as the N. V. & Mississippi Valley Printing Telegraph Co.,
on April 2, 1851, and name changed in 1856. On Jan. 19, 1881. was
dated the grand consolidation, in which the Western Union raised
its stock to $80,000,000, giving par, or $15,000,000, for the stock and
bonds of the American Union, 60 per cent in new West. Un. for
At. & Pac. stock and a stock distribution of 48 ^ p. c. to West. Union
shareholders, 10 p. c. of which for A. & P. stook owned by W. U. and
38 ^ p. c. for surplus earnings expended on the W. U. property.
In October, 1892, the stockholders voted to increase the stock from
$86,200,000 to $100,000,000, of which $8,620,148 was then paid as
scrip div. to represent surplus earnings expended on the property.
In July, 1894, $550,000 stock was issued for purchase of American
Rapid Tel. Co. lines, until then operated under lease. In June,
1897, $2,000,000 stock (making total $97,370,000) was sold for
improvements, etc., made in 1893 to 1896 fiscal years— V. 64, p. 1139.
The remainder ($2,630,000) is still unissued.
Dividends.—
>
,
'87. '88. '89. '90. '91.
'92.
93toOct.,'01,incl.
5
5 5\
5 15(10sc.) 5%(li4Q—J.)
Bonds.—On June 30, 19C0, the following stocks (par value) were
pledged for the collateral trust bonds: Gold & Stock Telegraph, $1,111,800 Internat. Ocean Tel., $1,961,500 N. Y. Mutual Tel., $2,385,700; and bonds, Mutual Un. Tel., 6s, $3,043,000.
The funding and real estate 4^8 of 1900 are secured upon real
estate in New fork and Chicago and provide for the $6,800,000 of 6s
and 7s due in 1900 and 1902, construction, etc. In the event of a
mortgage being placed upon any part of the system, they will be given
a prior lien thereunder. Of the $10,000,000 bonds issued (see V. 70,
p. 384) $2,242,499 were used to acquire new property and for
construction of new lines from and arter June 30. 1899. V. 70, p.
284,384. Of the remaining $10,000,000 $1,163,000 are reserved to
retire the real estate 7s, due 1902.— V. 70, p. 1203; V. 71, 750.
Lbased Companies.— Under leases the company aside from other
rentals pays interest and dividends as below. On June 30, 1900, the
company owned the following stocks of the several issues included
2, 0w~ a8 outstanding: Franklin Tel., $632,900; Gold & Stock Tel.,
81,443,800; Int. Ocean Tel., $23,100; 111. & Mississippi Tel., $100,350;
Pacific & At. Tel., $1,458,125; Southern & At., $390,475.
Lease
Bonds
Int. or div.
Company, <tt.
expires.
Amount.
% Period. mature.
Am. Tel. & Cable stock.
1932 $14,000,000 5
No bonds.
EmpireA B ay State, st'k
1989
No bonds.
300,000 4
Franklin Tel. stock
1975
a267,100 2ia
No bonds.
Gold & Stock Tel. stock.Jan.,1981 b2,444,400 6
Bonds $500, not mort.
500,000 412 M&N May 1,1905
Illinois & Miss. Tel
perpetual. cl,830,145 4
None.
J&J
Intern.Ocean Tel.stock. Jan., 1981 dl, 015,400 6
Q J No bonds.
N.Y.Mut.Tel. stock ($25) Feb. ,1982
el 14,300 6
Mutual Un. Tel. 1st
fl,957,000
May, 1911
Northw. Tel. stk. ($50).My7,1980
2,500.000 I* J &J
1st mort. int. guar
1,180.000 7
Jan., 1904
Pao. & Atl. stock ($25) 99 years
No bonds.
g541,875 4
du. & Atl. stock ($25) .999 years
h558,400 5
A &O No bonds.
This table excludes amounts owned by West. U directly or through
1
U8t
i
a
i.oY, ?2P«i qoT ««
d $1,984,600; e $2,385,700: $632,900; to $2,555,600; ch $100,350;
f $3 043,000; g$l,458,125;
$390,475.
Since '86, p. c.
2
$
;
;
Q-M
Q-M
M&N
Q-J
.
.
.
:
—
M&N
J&J
J&J
350,000
See text.
5 g-
—
Last
Dividend.
To Dec, 1912
Q.-M.
Q-J. 15
Richmond. Va.
do
do
Sept. 1/01, 1%
Oct. 15,'01,2%
&
Sept., 1900,int. last paid
1949
1901
Julyl5.'01,3%
June 1, 1930
Deo. 1, 1950
Oct. 20,*01,3%
May 1, 1933
Feb. 1, 1903
M.
8.
Mob.. 1,
Peb.
J.
J.
J.
J.
&
&
J.
J).
N. Y.. Office. 63 B'way.
Phil. Prov. L. & Tr. Co.
1,
Now York.
& D.
Checks mailed.
& J.
M. & N. N. Y., J. & W. Seligman.
F. & A. N. Y., Grand Cent.Stafn
Q.-J. N.Y., Office, 195 B'way. Oct. 15,'01,m
M. & N. N. Y., Union Trust Co. May 1, 1902
J. & J. N.Y., Office, 195 B'way. Jan. 1, 1938
May 1, 1950
New York.
M. & N.'
Q.-J.
—
Me
Stocks
Pittsburg, Pa.
Julyl0,'01,6%
Q.-F. N. Y., Office, 120 B'way Aug.15,'01,1%
do
do
Oct. 1, '01, 1%
Q.-J.
T. & J. N. Y. Mero. Trust Co.
1913
Jan. 1, 1916
J. & J "N. Y Central Tr. Co.
Oct. lO.'Ol, l»s
Q.-J.
1914
J. & D. Fid.Tit.&Tr.Co. Pittsb.
1^19
do
do
J. & D.
,
Latest Earnings.— Revenue for 3 mos. ending Sept 30, 1901:
Int'rest.
dividend
BU,sur.
3 months —
Net revenue.
1901 (partly est).. $1,850,000
$239,040
$1,217,005
$393,955
1900 (aotual)
1,705,756
239,040
1,217,001
249,715
Total surplus Sept. 30, 1901 (estimated), $9,713,240.
Annual Report.— Statement for 190001 was in V. 73, p. 782.
1900-01.
1899-00.
1898-99.
1897-98.
Tear ending June 30.
$
$
$
$
Revenues for the year.. ..26.35L151 24,758,570 23,954,312 23,915,732
Oper.exp's,rent.,t'xes,&c.l9,668,903 18,593.206 18,085,579 17,825,581
Remainder
6,685,248
4,868,007
956,160
6.165,364
4,867,984
896,306
9,797
5.868,733
4,867,949
897,092
6.090.151
4,867,911
896,555
9.991
861,680
Dividends paid
Interest on bonds.
Sinking funds
391,277
103,692
315,694
Surplus
Miles of No. of
Year. Poles&C'bl's. Wire. Offices.
1866-67.. 46,270
85,291 2,565
1879-80.. 85,645 233,534 9,077
1892-93.. 189,936 769,20121,078
1898-99. .189.856 904,633 22,285
1899-00. .192,705 933.153 22,900
1900-01..193.589 972,766 2^,238
Miles of
Office,
195 Broadway,
New
Profits.
Messages.
Receipts.
5,879,282 $6,568,925 $2,624,919
29,215,509 12,782,894 5,833,937
66,591,858 24,978,443 7,496,037
61,398,157 23,954,312 5,868,732
63,167,783 24,758,569 6,165,363
65,657,049 26,354,150 6.685,248
York City.-(V.73,p.555, 782,794.)
Air Brake.—Organization, Etc.— A Pennsylvania corporation. V. 67, p. 843, 1065. Stock formerly $%-
Westinghouse
000,000 (par $50) was increased to $10,000,000 in July, 1898$5,000,000 being distributed among stockholders as a 100 per cent
stock dividend (V. 67, p. 128; see also V. 66, p. 955; V. 67, p. 1044).
Up to 1898 dividends of 20 per cent per annum had been paid for some
years. In 1899, Jan., 5 p. 0.; Apr., 5 p. c; July, 5 p. c; Oct., 10 p. o.,
in 1900, 7^ p. c. each, quarterly (Q.-J.) incl. 5 extra; In 1901, 6 p. c.
each, incl. 3*a extra. As to litigation with N. Y. Air Brake Co., see V.
69, p. 181, 442; V. 70, p. 636. Report for year ending July 31, 1901,
was in V. 73, p. 722, showing: Gross, $7,869,857; cost of operation
and other expenses, $4,88P,515; net profits. $2,981,342; div. (25*2%),
$2,792,250; bal., sur., $189,092.— (V. 72, p. 1039; V. 73, p. 123.)
Westinghouse Electric & Manufacturing Co.— Organiza-
—
tion. A Pennsylvania corporation manufacturing and selling a general line of appliances used in the commercial applications of eleotricity for lighting and power purposes. Statement to N. Y. Stock
Exchange was in V. 54, p. 763. The company owns exclusive rights
to the Tesla patents on alternating currents.— V. 61, p.25, 153. In
March, 1896, an agreement was made with the General Electric Co.
for pooling patents. See V. 62, p. 502, 635. 1040; V. 68, p. 1024.
In Sept., 1898, purchased substantially entire capital stock and all
but $850,000 of the $2,500,000 20-yr. bonds of Walker Co. By an arrangement then made, the $850,000 bonds are secured by a first and
the $1,650,000 bonds held by the Westinghouse Co. by a second mortgage. V. 68, p. 87. As to British Co., see V. 69, p. 232, 802.
Capital Stock, Etc.— Stock authorized is $25,000,000, increased
from $15,000,000 in Feb 1901, $3,000,000 of the new stock being
sold to stockholders at $55 per $50 share. V 72, p. 631. The first
preference stock carries cumulative dividends of 7 per cent per annum, with right to participate equally with other stock after the same
shall have received 7 per cent, and preferential as to principal. See
wording of preferred certificate in editorial of May, 1893, Supplement.
As to the debenture certificates of 1898 see V. 67, p. 324, 691.
Sinking fund of $150,000 yearly from 1900 to pay off debentures at
105, to be drawn by lot. No lien is to be placed on property without
,
providing for debentures.
V. 67, p. 1112.
Dividends.— On pref. Feb., 1892, to Oct., 1901, incl., 7 p. c. per an.
Dividends on assenting stock, Feb., 1900, 1H p. c May. 1900, to May,
1901, inclusive (6% per an), Ha p. 0. quarterly; Aug., 1901, 1% p. 0.
Annual Report.- Fiscal year ends March 31. Net shipments in
;
1899-1900 (Urgely exceeded in 1900-01), $11,963,646; in 1898-9, $6,901,760; in 1897 8, $4,378,060: surplus, balance, Dec 31. 19(0, $4,693.197, after writing off from current earnings, $2,786,719, and in
addition was paid interest, $891,293; dividends, $1,654,635.— (V. 69,
p. 232. Balance sheet July 31, 1899. V. 69, p. 694.
Directors.— Brayton Ives (Chairman of the Board), Charles Francis
Adams, Lemuel Bannister, August Belmont, A. N. Brady, N. W. Bumstead, B. H. Warren, Marcellus Hartley, G. W. Hebard. James H. Hyde,
Brayton Ives, Geo. C. Smith and George Westinghouse. President,
George Westinghouse; 1st Vice-President, Lemuel Bannister; 2d VicePresident, B. H. Warren; 3d Vice-President and Treasurer, P. F.
Kobb£; Asst. Treas . T. W. Siemon N. Y. office is at 120 Broadway.—
(V. 71, p. 1274; V. 72, p. 46, 395, 631.)
Westinghouse Machine Co.— Organization, Etc.— A Pennsylvania corporation manufacturing gas engines, etc., under Westinghouse patents. Stock increased from $1,500,000 to $3,000,000 in
Mar., 1899. Par value of shares, $50. Dividends have been paid sinoe
about 1895. Diviaends on common and preferred, July, 1900, to
Oct., 1901, both inclusive, 6 p. c. yearly (Q -J.)
Bonds.— Of the $1,500,000 5 p. c. gold bonds, $350,000 reserved to
retire existing bonds due 1914, and balance to build a steel foundry and
forging plant at East Pittsburg, having a daily capacity of 80 tons of
steel castings and forgings.
V. 69, p. 854. (See also V. 69, p. 802.)
V. 69, p.1252. President. George Westinghouse; Seoy., T. J. Brown.
Office, 25th St. and Liberty Ave., East Pittsburg, Pa— (V. 69, p. 1252
Wheeling Lake JErle Pittsburg Coal.— V. 72, p. 584, 824;
V. 73, p. 36, 394.
)
&
INVESTORS' SUPPLEMENT.
170
\ tbt'iutirle A die*. Canal.— Owns canal between Chesapeake
Bay ami Albemarle Bound, 14 miles. Stock Is $558,200 ($100 shares).
Dividends in 1893 96 each H«p. a. vearlv; in 1S97. none: m Feb.,
none since. Bonds, $500.0' 01st M. 7s, due'Jnlv, 1909;
1901, a protective committee requested deposits.— V. 72, p.
In 1899-0, gross. $35,539; net 816,518. In 1898 9 gross. $71.380 Del >."< 3 99t;. Pies., Warren G. Elliott. Ollice, Norfolk, Va.—(V.
p. nn;5, v. ::;, p. 139.)
72,
1898,
in
S D c;
1
Ma>
,
io>r>.
A uierlean \ ikall.— Organization.— Incorporated In New Jersey
on May .;, 1899. V. us, p 925, and otlicial statements, V. 69, p. 1194
Manufactures at Baull Ste. Marie, by an electrolytic process (protected l>v patents*, caustic soda and bleaching powder, operations
began ba 1901. V 72, p. 13s. The stoekboldeis will vote Oct. 30 on
a proposition to make the outstanding preferred stock full paid by
issuing _' share* of fuil paid (par $50) stoos. lor 5 shares preferred on
which *20 per share shail have been paid in. thus reducing the prefei red stock from $e,000,000 to $2,400,000.
In October, 1901, the
preferred stock was $12 50 per share paid in, including $2 50 called
for payment on Oct. 20, 1901, three additional assessments of $2 50
each beiiii: payable quarterly thereafter. V. 73. p. b64, 555. Oilice, 815
Prexel Building, Philadephia. Pa.— (V. 73, p. 555, 664.)
American Clay ilanu ia< 1 urlng Co.—Organization.— Incorporated in New Jersey on Feb. 17. 1900, as a consolidation of 27
vitrilied drain-pipe plants said to control from 80 to 85 per cent of the
industry. For list, etc., see V. 70, p. 482, 688, 874. The bonds are subject to call at 105 andi terest up to $100,000 yearly after Mar. 1,1901.
See official statement V. 70, p. 688. Stock authorized, $1 0,00o,000;
outstanding, $6,500,000, par, $100.
OFFUKK.s.— President, Charles Baird, Akron, Ohio; Secretary,
Thomas D. Brown, New Brighton, Pa.; Treasurer, Ulysses D. Eddy,
New York, offioe to be at Pittsburg, Pa.—V. 72, p. 874.
American Coal.—Mines at Barton and Lonaconing, Md. Stock,
$1,500,000; par, $25. Dividends (M. & S.) 1894, 6»g p. 0.; 1895. 7; '96,
8; '97, 8; '98. 9; '99, 10 p. c; 1900, 9 p. c; 1901, Mar., 5 p. c; Sept.,
5 p. c. Office, No. 1 Broadway.- (V. 72, p. 340.)
American Iron
Steel Manufacturing.—In Aug., 1899. absorbed properties at Heading and Lebanon, Pa. See list in statement of April 30, 1900. V. 71, n. 180. Stock, common, $17,000,000,
$5 per share paid in; pref., 5 p. 6. cum., $3,000,000, full paid; par of
shares, $60. Dividends on pref., Jan., 1900, 1^3 p. c; Apr., 1900. to
Oct '01,
p. c, Q.-J.
On com., Jan.. 1900, 50 cts. per share; May
Sl.AOcts.; 1901, Jan., 15 cts.; May 27, 15 cts Sept. 25, 15 cts. No
bonds. Report for 16 uios. to Dec. 31, 1900, with balance sheet, in V.
72, p. 673. showed: Profits. $1,220,907; div on pref. (56 12 p. 0.), $162 500; div. on com. ($1 per share), $340,000; depreciation charged off,
$591,568: bal., sur., $126,839. Office. Lebanon, Pa.— (V. 71, p. 673.)
American Light
Traction Co.— Organization.— Incorporated In New Jersey in Apr.. 1901, by Emerson McMillin and asso
dates to consolidate or bring under closercontrol lighting and traction
companies in various cities of the United States now held in the same
interest, Including Western Gas Co. (Milwaukee), Grand Rapids (Micb.i,
Gas Light Co Madison (Wis.) was & Electric Co. and St. Joseph
(Mo.) Gas Co. upon terms mentioned in V. 72, p. 724; V, 72, p 871,
9b7. In May. 19ol, the greater part of the stocks cf the four companies named had been acquired. Stock authorized, common, $15,000,OOo; preferred 6 p. 0. cumulative, $25,000,000, of which $4,976,000
preferred and $3,791,400 common have been issued. The amount required for exchange of stocksof a properties last named is $1,836,645
preferred and $550;905 common, and further preferred stock will be
Issoed to provide $1,800 cash, as requirea, on or before Deo. 31, lvOl.
In Aug.. 1901, stockholders of the Binghamton (N. Y.) Gas Woiks.
Southern Light & Traction Co of San Antonio and 8t Paul (las Light
were offered the right of exchange upon terms in V. 13. p 235. Bonds
of the constituent properties aggregating $10,821,000, see V. 72, p.
724. President. Emerson McMillin; General Counsel and Seoretary,
W. F. Douthirt; Treasurer U B. Wilson. Directors, V. 73, p. 235. (V. 72, p. 871, 9x7; V. 73. p. 235 )
A
,
m
;
A
,
American Soda Fountain.— Formed in '91
in N.J.— V.66,p,382.
Stock outstanding: Common, $1,250,000; 1st pref., 6 per cent, cum.,
$1,250,000; 2nd pref., 8 per cent, cum., $1,250,000; par, $100.
Dividends.— On preferred in full toNov.,1896,incl.; in 1897 to 1899
Incl.. none; on Nov 21, 1900, 3 p. c. on 1st pref., leaving accumulated
dividends unpaid of 21 p c. on 1st pref. and 32 p. o. on 2d pref V. 71,
p. 1014. On com. to 1895, inolusive, 10 yearly; 1896,7V, none since.
General Finances.—On Aug. 31,'190O, there were notes payable,
$225,840; loans (unsacnred), $95'942.
Annual Report.— Report for year ending Aug. 31, 1900. V. 71. p.
1065. In 1698-99 profit was $10,084, against loss of $134,933 for
1898. Pres.. James W. Tufts, N.Y. office, 449 First Ave.— (V. 71, p.
1014; 1065,1068)
Barney A Smith Car.— Incorporated in 1892 in West Virginia.
8tock outstanding, common, $) ,000,000; pref., 8 per cent, cumulative,
$2 500,000; par, $100. Bonds, $1,000,000, 1st 50-year gold 6s iJ &J.)
subject to call at 110 after 1902.
Dividends on 00m. in '93, 5 p. c;
on pref. 8 p. c. till Mar.. '95; dividends resumed Dec. 1, 1899, then 8
p. c. yearly to Sept., 1901, incl. (Q. M.). Report year ending Mar.
81, 1901, in V. 73, p. 80.
Bay State Gas Co.— Incorporated In 1889 under the laws of Delaware, and acquired $995,000 of the$l,000,000 stock of the Bay State
GaeCo. of New Jersey, whichlatter company owned substantially all the
capital stock of the following companies supplying gas to the city of
Boston: Bay State of Mass.; Boston Gaslight. Roxbury Gaslight and
South Boston Gaslight. The stocks of these four operating companies
were pledged to secure the bonds below mentioned, but their voting
power was acquired in Nov., 1897. for New England Gas & Coke Co.—
which see on a preceding page— also V. 65, p. 1221: V. 68, p. 1179.
Assets Feb., 1-98, V. 70, p. 843. See table on a preceding page. Circular to shareholders V. 73, p 339.
Stock.—Stock (par $50) increased from $5,000,000 to $15,000,000 in
October, 1895, to $50,000,000 in 1*97, and to $100,000,000 in 1899.
See V. 68, p. 84, 1179. Authorized amount stated as $1,000,000,000.
Bonds.—The "Boston United Gas" mortgage of 1889 was issued by
the B. 8. Gas Co. of New Jersey and guaranteed by the Delaware
company. The mortgage is for $12,000,000; Mercantile Truct Co.,
•rustee; of the issue $2,000,000 was reserved forimprovements. Each
registered $1,000 bond is entitled to 5 votes. Therels an annual sinking fund of one per cent of the entire issue, and bonds can be drawn
at 105. All the bonds Issued are deposited with the Trust Co., which
Issues its trust certs, therefor. V. 67, p. 221; V. 68, p. 84; V. 70,p. 688.
Earnings— Reports of operating companies in V. 71, p. 1117, show:
Tear.
Net.
Oro»».
Dividends.
Bal., sur.
1899-00
#817,864
$3,048,183
$961, K78
H$22,188
f After deducting int., charges, etc.— (V 73, p 339, 786.)
Boston &. Tloiit. (oimol, IUI11.— (V 73, p. 664, 724 )
Canton Company.— See Sipp. of Apr., 1897, and V. 70, 794,1251;
V 7 ). p. 1222; V. 72, p. 823.
< iinoollilaKi) Lake Superior Co.— Has Connecticut charter,
aid in June. 1901, was consolidated with Ontario Lake Superior Co.,
per plan V. 72. D
mrols and I- developing the water-power, e-timate.d at 200,000
hydraulic aulas power, at Sault Ste. Marie, Michigan, ami Ontario
for nee in eonnretton with its own manufacturing enterprises (steel.
to
Union
fl ST. etc.) and under le.aseCo.,other companies, (Deluding stock ofOarMde Co., An erb an Alkali
etc.
Owns all the capital
the
following-named companies, capitalized as follows: Michigan Lake
Superior Power (
mon stock $500,000, and ftO-year first mo r
p. 336) *3,500,000; Lake Superior Power Co. of Ontario,
•
[Vol. LXXlii.
preferred $500,000, common $1,500,000; Sault Ste. Marie PulpJA
Paper Co. of Ontario, pi ef erred $7.H>,000, common $1, 250,000; Tagona
Water & Light Co. 01 Ontario, $200,000. See prospectus, prior to
consolidation, V. 68, p. 1075.
The properties acquired through the Ontario Lake Superior Co. consisted of about 2.000 square miles of timber and mineral lands, etc.,
and the en>ire stock of the Algoma Central & Hudson Bay Ry. (unbonded). V. 69, p 909; V. 70, p. 40. 1252; V 72 p 483. The steel
business is to be carried on under the charter of the Algoma Steel Co.,
Lim., with $20,000,000 stock ana a capacity on completion of the
plant under construction at Sault Ste. Marie, Ontario, of 2,500 tons of
steel oaily. V. 72, p. 874, 938, 991, 1> 36, 1082. As to Helen mine,
Michipicoton, see Algoma Steel Co. V. 72, p. 1082; also V. 72, p. t>91.
Stock.— Stock authorized, common, $^2,000,000; outstanding, $62,000,000; pret., 7 p. 0. nou cum., $b5,0oi ,000; outstanding, $13,885,6^7. The remaining $20.t 00,000 preferred, to be used for enlargement of steel plant and subsidiary undertakings col ataral thereto,
was offered to stockholders of the two old cos. at par. with loO p. o.
bonus 111 common stock, equal quarterly payments to be made May 31,
1901, Jan. 5 and July 5, 1902, and Jan. 5. 1903, with the right to pay
in full at
any instalment period.
Report.—Report for the year ending June 30, 1900, was in V. 71
p 912. Total net profits of consolidated company were estimated at
$4,334,000 div. on $35,000,000 preferred calls for $2,4 50,000, leaving $1,»84.000. or about 3 p.
for the common stock.— V. 72, p. 1037.
President, E. V. Douglas, Phila.; Sec, W. P Douglas, Phila.; Treas.,
F. S. Lewis. New direotors. May. 1901, V. 72, p. 1037. Office, West
End Trust Building, Phila., Pa.— ( V. 73, p. 34, 238, 289, 786.)
Consolidated Rubber Tire Co.— Incorporated in N. J. in Apr.,
1899. 8ee V. 71, p. 545. Stock, common, $4,<>00,000; pref. 6 p. o.
cum., $1,000,000; all Issued. .Par of shares, $100 each. In June, 1901,
$3,000,000 debentures were being issued in place of an equal amount
of preferred stock and $2,000,000 treasury stock was letired, per plan,
V. 72, p. 341, 391. They are entitled to 4 p. interest If earned.
Dividends on preferred, Sept., 1899, to Dec, 1900, l^j p. 0.
quarterly (Q. M.). Last div. paid Deo 1, 1900. Checks are mailed.
Earnings for 6 mos. ending Deo. 31, 189*, see V. 70, p. 794. President,
Isaac L. Rice; Sec, Frederick A. Seaman. Office, Jersey City, N. J.
Emerson McMillin & Co. were Interested.— (V. 73, p. 34.)
Denver Union Water.— A consolidation Oct., '94. Franchises
run until 1910. Owns the water supply of the city of Denver, Col.,
and vicinity. Capital stock is $5,000,000 common and $2,500,000 of
5 p. 0. non-cumulative preferred. Bonds $7,500,000. President, W. 8.
Cheesman; Treasurer. D. H. Moffat.— (V. 72, p. 285.)
Detroit City Gas.—Organized in March, 1898, and owns all the
gas properties in Detroit, Mich. Has a contract till 1923 with the city.
Stock. -Authorized, $5,000,000; $4,560,000 outstanding; par, $50,
Dividends, 2i«p. o. Nov, '99; May. 1900, 2*ap. c; Dec 3, 1900,2s p. 0.
Bonds —The new prior lien mortgage is for $6,000,000, of which
$561,000 retained for future extensions and improvements and $381,000 to retire the $365,000 Det. Gas 5s. not yet exchanged, and
$16,000 income 5s. Prior lien bonds are subject to call at llo.
Earnings.—Jau. 1 to Oct 31, 1900, net, $36 1,9 1 3; against $309,308;
net for fiscal year ending Dec. 31. '99, $42 ,320, agst. $332,715 in '98.
Officers.— President, Emerson McMillin, New York; Gen. Man., H.
D. Walbridge, Detroit, Mich. (V. 69, p. 908; V. 72 p. 629.)
Detroit IUacklnac
A
Marquette Kit. Land Grant.—Land
grant unsold. 1,209,409 acres in Northern Michigan, along the line
of the Detroit Mackinac <fe Marquette RK., foreclosed Oct., 1886.
Lands were lree from taxation till 1898. Of the total issue of $4,560,000 30-year bonds, due Oct. 1, 1911, $1,215,000 have been purchased
for $427,7 81 (about 35 per cent per bond) and $324,000 have been received for land and canceled, leaving outstanding Jan. 1, 1901,
$3,021,000. From Oct., 1892, to Oct., 1901, 2 per cent interest was
paid (1 p. 0. each in A&O) at Central Trust Co., N. Y. See statement
Feb., 1879, to Jan., 1900, V. 70, p. 684. Report for year ending Deo.
31,1900, in V. 72. p. 580. showed: Gross receipts, $160,899; "disbursements," taxes, etc., $90,720; int. on bonds, $60,420; bal., sur.,
$9,959. In 1899, gross, $170,881: def under bond interest, $22,243.
— V. 71, p. 751;
V. 72, p. 580. 677; V. 73, p. 786.
Dominion Coal
Co., Limited.— Organization.— Incorporated
Contract with Dominion Iron <fe Steel Co. provides for supply of coal at $1-20 per ton (subject to revision every ten years), the
Steel Co. to have right to 1903 to lease the property.— V. 69, p. 79.
<'on inon stock, $15,000,000. Loans and bills payable Sept., 1901.
$1,105,000
Output in 190G-1, 2,044,877 tons; in 1899-0, 1,739,374 tons; estimated output in 1901-2, 2,600.000 tons.
Report for
Divs. on pref. paid in full to July. 1901, incl. (4% J. & J )
year ending Feb. 28, 1901, in V. 73, p. 30, showed: Net earnings,
$687,294; Int., renewals and sinking fund, $209,761; div. on pref. (8
per cent), $213,333; additions, improvements, etc., $104,018; bal.,
sur., $159,182. Pres., Henry M. Whitney, Boston, Mass.— (V. 73, p. 30.>
Dominion Iron
Steel Co.— Organization.— Organized under
the laws of Nova Scotia on June 17,1899; is building iron and steel
works at Sydney, Cape Breton, to have, it is said, a daily capacity of
800 tons of steel; opened iu Dec, 1900. V. 70, p. 1051; V. 73,
Stock, common, $15,000.p. 661. See prospectus V. 72. p. 58*.
000, all issued; par $100. The stockholders voted Deo. 29,1900,
to construct a plate and rail mill and to issue $5,000,000 seven per
cent cumulative preferred stock, subject to call at $115 per share or
convertible into common stock, at holder's option. Of the stock, $3,000,000 was subscribed for at par in Mar., 1901, and in April an option for the remainder was reported to have been exercised. V. 72, p.
778. First semi-ann. div. on pref 3*9 p. c, paid Oct 1, )90l; V 73, p.
680. Mortgage trustee, National Trust to. of Ontario, Montreal,
Canada. Bonds may be purchased or called (drawn by lot) at 110 and
interest for sinking fund or in such amounts as may be desired on
July 1 yearly, beginning 1902. See V. 71, p. 112<t. Balance sheet of
Repo' t of June 1, 1901, V. 73, p. 661.
Apr., 80, 1901, V. 72, p. 1236
In 1893.
A
,
— (V. 72, p.
1236; V. 73, p. 661,680.)
Equitable Illuminating Gas Light Co. of Philadelphia.—
Organized in 1898 by United Gas Improvement Co., which owns a
majority of the stock, f> operate the gas works leased from city of
Common stock
Philadelphia. See full particulars in V. 66, p. 426
issued, $3,125,000 preferred stock, 4 per cent for first year and 6 per
cent thereafter, $3,125,000. Sinking fund of $124,000 yearly is to retire bonds at 105; and beginning in 1908 the Improvement Co. agrees
to create a sinking fund to retire the stock in 1928, when the property
Lease may be terminated by city in 1908 on
Is to revert to the city.
;
making
certain payment.
1901.
1900.
1898.
1899.
)
..
....>
4
6
6
per cent
June, 3
6
6
4
Preferred, per cent
)
For 6 mos. ending Juno 30, 1901, gross revenue, $2,237,588, against
$2,030,018 in lMOo.
For calendar year 1900 gas sales in city of Philadelphia, as reported
to city authorities, were 3, 911, 599,400 cubic feet, as against 3,564.810,610 in 1899; receipts ($1 00 per l.OOoleet), $3,911,599,0? which
V. 72, p. 244, 875 V. 73, p. 393.)
city received 10 p.
FlHherlcn Co.—Organization. - Incorporated in New Jersey on
May 26 as a reorganization of the American Fisheries Co. (see V. 66,
p 132) per plan in V. 70, p. 1050; V. 70, p. 1052. Stock, authorized,
common. $1,000,000; pref, 7 p c. non-cutn., $.4,000,000; parof shares,
$100. Bonds, $500,000 first mortgage 5-j ear 6s, subject to redemp-
Dividends.
Common,
c—
(
;
tion by annual drawings from profits after payment of interest, 6 p. o.
on pref. and 5 p. 0. on common stock. Direotors: Thomas Russell,
Nathaniel B. Church, L. E. Warren, Win. M. Ivins, Charles B. Hobbs
and
.
V. 70. n. 1052.
October,
MISCELLANEOUS STOCKS
19'^.T
Herri iiir-Ha 11-^1 arvl n Safe Co.— Organization.— Incorporated
New
Jersey on Ant?. 8,1900, and successor Deo. 20, 1000, per plan in
V. 68, p. 232, and V. 70, p. 689, of Herring-Hall -Marvin Co. V. 71,
p. 238. Stock, oommon. $1,650,000; 7 per cent non-cum. 1st pref.,
$000,000 and 7 per cent non-cum. 2d pref.. $1,050,000: pur of shares,
$100. Pres.. H. A. Tenney.— (V. 71, p. 238; V. 72, p. 46, 186, 1191.)
In
International Automobile & VeHlelc Tire Co.— Organisation.— Incorporated in New Jersey in April, 1899; factories are at
Chelsea and Newton. Mass. (see V. 68, p. 772). Stock authorized, common, $1,500,000; pref., 7 p. o. omn., $1,500,000; par of shares, $ 00
each. On Mar 1, It 00, *2.368. 000 stock had been issued. Bal. sheet
Mar. 1, 1900. V. 70, p. 999 —(V. 68, p. 772; V. 70, p. 999.)
j.iiirn.-iij & Burnliam.— See plan. V. 70, p. 1293; V. 72, p. 1139
Irlarndeii Company.— Incorporated in February, 1897, to manufacture products from cornstalks— see V. 65, p. 235, for uses of product.
In Feb., 19<'0, the outstanding common stock was Increased to $33.782,200; authorized, $35,000,000. Pref. stook, 6 p. o. cum., authorReport for 1900 in V. 72, p.
ized. $15,C00 0o0: issued, *1. 530,000.
285. Owns majority of stock of Internal. Smokeless Powder Co., a
part being pledged to secure *3u0.000 notes due 1902. See V. 71. p.
1123. In July, 1901, obtained control of Amer. Milling Co., with
$100,00 stock and plant at Rivt-rdale, Chicago V 73, p. 35. President, E. G. Buckner —V. 71, p. 1123; V. 72, p. 235; V.73, p. 35, 794.)
National Bice milling:.— See full statement V. 55, p. 49; V. 71,
p. 1123, 1223; V. 72, p. 91. 135.
National Sugar Reflninsr.—Organization. — Incorporated in
Jersey on June 2, 1900, and took over the New York Sugar Refining co. 'b (Doscher) refinery, Lous Island City, the Mollenhauer refinBrooklyn, N. Y,. and the (National refineries, Yonkers, N. Y. The
ery,
capacity of the new company will be 10,000 barrels daily. V. 70, p.
New
1098; V. 71, p. 31. Stock authorized. $10,000,01)0 6 p. c. cumulative
preferred and $10,000 000 common stook, of which a portion will remain in the treasury. Div. on pref., 1*q p c. <Q. J.) paid Oct. 2, 1900,
to Oct. 2, 1901. incl. No bonds. President, James II. Post; Vice Pres!
and Treas.. F. D. Mollenhauer Sec, H. D. Cory.— (V. 72, p. 483.)
;
New York
Electric Vehicle Transportation Co.— Organ
ization.— Incorporated in New Jersey on Feb. 23, 1899, and operates
under license from the Electric Vehicle Co. Stook, $25,000,000; par,
$100, of which $23,500,000 stated to be outstanding, $20 paid in,
inolnding an assessment of $10 per share, called for payment on June
6, 1901. V. 72, p. 939; V. 73, p. 35. Owns Fifth Ave. Stage line. In
June, 1901, purchased Newport plant and control of the Metropolitan
and Century Express companies, paying for the latter two +500,000 in
bonds of the Metropolitan company, guaranteed by the Transportation
Co., with two j ears' coupons cut off. V. 72, p. 1139, 1191; V. 73, p. 35.
V. 70, p. 844; V. 71, p. 290; V. 73, p 35.
Statement for year 1899,
with balance sheet, was in V. 70, p. 840. President, Harrv Payne
Whitney; Vice-President, E. D. Morgan: Sec. and Treas., Arthur Phillips.
—V. 72, p. 939, 1139, 1191; V. 73, p. 35.
New York mutual I elegraph.— Successor to the Mutual Union
Telegraph Company. The stook carries dividends of 6 per cent per
annum under a lease for 99 years from February 15, 1883, to Western
Union Telegraph. The Western Union owns $2,385,700 of the $2,500,-
000 stock.
New York & Queens Electric Light & Power Co.— Organ-
ization.— Incorporated ia July, 1900, and took over by consolidation
or merger the »ew York & Queens Gas & Electric, Electric Illuminating A Power Co. of Long Island City and Jamaica Electric Lighting
Co. and supplies entire borough of Queens outside of Kockaway. See
official statement to New York Stock Exchange,
V. 72, p. 1039.
Stock and Bonds.— Stook, common and pref. 5. c. non-cum., $1,250,000 each, all issued. Par of shares, $100. Bondp. $2,500,000
30-year gold 5s. dated Aug. 1, 1900; int. F&A; Union Trust Co., N.
Y trustee. Of the bonds *i. 930,000 are outstanding. $591,000 are reserved to retire the %391 ,000 N. Y & Queens Gas & Elec. gold 5s, due
Jan. 1, 1949. and $179,000 for extensions.
Eabnings.— For 8 mos ending Mar 31, 1901, gross, $193,206; net
over ta«es, etc., $99,247; interest or bonds, $65,600; sur, $33,647.
Directors. -Frank Tilford, H. E. Gawtry, T. W. Stephens, Henry R.
Wileon, of New York, and Levering Jones, of Phila. Frank Tilford,
President. New York office, 41 Wall St.— V. 73, p 187,680.
,
New York Telephone.—In
1896
this
company took over the
business of the Metropolitan T. & T. Co, with exclusive rights under a
perpetual license from the American Bell Telephone Co. to the telephone business in city of New York and suburbs—V. 63, p. 229. In
1901 stock was increased from $16,000,000 to $30,000,000 (par, $10o)
of which Amer Teleph & Telegraph Co. owns *19,329,400 and Western
Union Telegraph Co. on July 1 1900, ir5.191.000. V. 71, p 139, 290.
Dividends paid in 1899 and 1900, 6 p. c. yearly. V. 71, p 139, 290
Niagara Falls Power Company, The.— Organized in 1886 and
has authority by special acts of New York State to use the water of
Niagara River and also to transmit any power, heat or light developed
from Buch water to practically any point in New York 8tate. It has
1,071 acres of land. Tunnel first opened January 1, 1864- Electrical
horse power in use, 33,000, and 8,000 delivered to and used in Buffalo.
n April, 1901, a secoud plant, increasing the capacity from 50 000
J
to 105,000 horse power was under construction. A plant on the Canadian sine of 175,000 horse power is to be completed" in 1903. V. 72,
p. 939; V. 73. p. 35.
Customers, April, 190 in V. 72, p. 678
Stock authorized by charter $10,000,000; bv stockholders $6,500.000. Issued, $3,331,000. Mortgage, $10,000,000, covers 1,071 acres in
city of Niagara Falls, tunnels, franchises, etc. Coupon mort. bonds
are $1,000 each; int. J & J; registered: $500 or multiples of $500; int.
Q.-J. Debentures, dated April 1, 1900, are issuable for extensions,
improvements, etc., being convertible into stock, $ for $, at holder's
option on or before April 1, 1905. Stockholders in July. 1901, subscribed at par to $2,664,800 new debentures, payable in inst amenta,
to build plant on Canadian side, convertible at holder's option after
1
1903 and berore Oct. 1, 1908, into stock, $ for $. They
•lv. '
will be secured by deposit of an equal amount of debentures of Canadian Niagara Power Co —V. 73, p. 35. See V. 70, p. 689. President,
p. O. Mills Sec, V.-P. and Treas William B Rankine. N. Y. office,
15 Broad St.— (V. 72, p. 678, 939; V. 73, p. 35.)
Ogden Gas (Chicago ).— Scpp. of Jan.. 1898.— V. 72, p. 143,244.
Ontario
Lake Superior Co.— See Consol. Lake Superior Co.
Pennsylvania Electric Vehicle— Organization.— Incorporated in New Jersey as Philadelphia Motor Wagon Co. and name
ohanged about March, 1899. 8to. k, common, $4,000,o00 all outstanding; preferred. 6 per cent, cum., $2,000,000, 20 per cent paid in
Par oi shares. $.=>0. Has license from Electric Vehicle Co. to operate in
Penn. Pres.,
Gibbs, Drexel Bldg., Phila.— V. 68, p. 430.
1 ,
-
;
,
&
WW
„.p,anter8 ' Compress Co.— Organization -Incorporated in West
Virginia on July 19. I8n7, to own the Lowry patents for compressing
Dales c
S-i-i^S* 1 In June,°tton and other substances. See V. 68, p.
J>7d, H2o, 872.
1899. $15,o00,000 stock trust certificates
were issued to take up all outstanding securities, under agreeme c ,°
19 189f) In Jan., lvoi, $5,00j,000 new stock was is^
v y
sued to take up the $500.000 6 per cent notes
due Feb. 1. 1901 etc.
P
tj^^L* H'l18 10avabJ e Mar. 1, Is- 01, $66,195. See V 71. p. 1170.
* ending Dec. 31, 1900, with balance sheet, was in
v ho P SI* Sr tee8 T
Jefferson Coolidge, Henry E. Howland.
«^„t'.
<ie ii 2S
Walt er Hunnewell and Robert Bacon. V. 70 p. 283.
!?'
Rt^r,!S M.
Stephen VJ Weld, President, 183 Essex St., Boston.—
(V. 72, p. 98 6.)
k™
'
<
-
l
M
'
-
™
R»n °£t^,S ,and " P? rkln8 Horse Shoe Company.-ORGANIZA
n
noN.-Manufactures horse shoes and toe calks at Valley Falls, R.
6
.
f
I.,
BONDS
AJSTD
171
miles from Providence. V. 61, p. 1014. Slock— Common (or general)
stock, $1,000,000; pref., 7 per cent cum., Q-J, $1,750,000 par. $100.
Dividends.— ) 1892. 1893-'95. '96. 97. 98, '99 1900. 1901.
Common, p.c. > 12^ 10 yearly. 4>«
Preferred, p.o. )
7 p. o. yearly.
6% 5 4
4
4
Susquehanna Coal.—See Supplement of January, 1898.
Steel Co.—Stock, $1,500,000; par of
Susquehanna Iron
Quarterly dividend 6 per cent, 30 cents per
shares, $5, full paid.
share, paid Oct. 16, 1899; Dec. 30, 1899, « p. c; 1900, April, 3 p.c;
July, 3 p.c; Oct. 22, 1>« p. c; 1901, Jan. 25, Hop. c; July 2, 3 p. c.
Report for year ending June 30. 1901, was in V 73, p 444 Year ending nine 30, 1900, gross sales, $2,658,866; net profits, $387,899; dividends, $270,000; balance, surplus, $117.899.—V. 73, p. 444.
;
>
&
United Electric Co. of
New Jersey.— Organization. -Incor-
1899. in New Jersey, in the interestof the United
Gas Improvement Co. of Philadelphia, and absorbed 21 electric-light,
Stock, all common,
heat, and power cos. of Northern New Jersey.
$20,000,000; all outstanding; par $100. Bonds, $20,000,000 50year gold 4s, interest guaranteed for the first five years by the
United Gas Improvement Co. (see V. 68, p. 476,620, 1134; V. 72, p.
1038). Bonds are $500 and $1,000 each, interest being payable J-D
at New Jersey Title Guarantee & Trust Co., Jersey City, trustee.
President, A. B. Carlton Sec, L. D. H. Gilmour. Office, Newark,
N. J. - (V. 7 p. 1293; V. 72, p. 286, 679, 1038; V. 73, p. 187.)
United States Oil.—V. 67, p. 1001. Stock, $2,500,000: par $25.
Dividend of $1 (of which 50 cents extra) per share paid April l,July
1900, Jan. 1. $1 25 (of which 50c. extra); Apr. 2,
1 and Oot. 1, 1899
50c; July 2, 50 cts.; Oct. 1, 50 cts. The Jan., 1901, dividend was
passed, V. 71, p. 1273. Report for 1899-00, V. 72, p. i91. Pres., J. 8.
Ricker; Sec'y and Treas'r, F. W. Batchelder, 8 Congress St., Boston.
-(V. 70, p. 327,592; V. 71. p. 817, 1273; V. 72, p. 391.)
porated on March
6,
;
1 ,
;
"Westchester Lighting.— Organization. -Incorporated on Nov.
1900, and absorbed various gas and eleotrlc-light companies supplying territory in Westchester County north of New York City. See
V. 71, p. 1023, 1175. Stock (of which a controlling interest is owned
by the United Gas Improvement Co. of Phila.), common, $10,COO,000;
6,
preferred. 5 per cent (cumulative after Jan. 1. 1904), $2, 500.000;
par of shares, $100. Of the gen 50-year 5s, $1,000,000 were reserved
for extensions and betterments under construction, $5,550,000 to
be used from time to time for additional extensions and new properties
and $495,000
to
redeem an equal amount
of underlying
bonds-
see list, V. 71, p. 1175. Wet earnings of merged companies in 1899,
$238,103. President, Wm. W. Scrugham; Sec, B W. Stilwell; Treas.,
Lewis Lillie. Directors, V. 71, p. 1175; V. 71, p. 1175, 1224.
INDEX TO ADDITIONAL COMPANIES.
Vol. Page.
Ala. Consol. Coal & Iron
A 'abam a & Georgia Iron
Alabama Steel & Wire
73
69
7o
73
72
72
American Brass
American Caramel
Americau cement
American Confectionery
American Cereal
339
907
633
288
t>7H
672
1"14
71
73
664
Amer Elec. Heating.. SUP. July, 1898
American Grarh-o-phone
6«4
72
7o
Americau Grass Twine
V98
Amer. Hawaiian Steamship .71
1068
American Lime & Stone
617
73
Anier. Laundrv Machinety...73
617
American Mail SS
122.
6b
American Market
68
1178
Aaier.Mutoscope &Biograph.70
431
v-74
American Ry. Equipment .. .68
7o
American Rice
585
American School Furniture. .72 1079
American Screw
673
72
American Switch
69
1803
American Tube
393
72
Ames Shovel
73
393
Armour & Co
(Szh
7v
12-^2
Atlas Tack
.72
9f0
Atlantic Transport
72
Baltimore Brick
7i
282
9"8
Birdsboro Iron & Steel
69
Borax Consol. Limited
865
71
Boston Elec> ric Light
1282
72
Boston Quicksilver
70
635
58K
Brooklyn Borough Gas
70
Brooklyn Devel< ipment
68
870
Brooklyn iJock & Terminal. ..68
976
Brooklyn Gas <s Elec. Light. .73
618
Buue Electric & eoirer.".
13W
73
Canada Cycle & Motor
69
543
Canada Furniture
72
iSl
Carborundum <\>
72
629
Carter-Crume Co
71
1117
Casein Co. of America
73
186
Ceutral Fireworks
72
341
Central Hudson (Steamboat.. 71
238
Central Oil
186
73
Chicago Pack. & Provision... .72
1082
Chicago Trans. & Clearing. . .69 loll
7)*4
Cincinnati Kdison Electric. ..72
Cincinnati Gas & Electric ...73
618
City of Chic. Brew. & Malt. ..72
*4
Cleveland & Sandusky Brew. .6*!
1188
1*8
Columbian Elec.CarL.&B ke.70
Columbus (O.) Edison
72
440
Comor.'Jas CapsulefSpark's).72
19*2
Consol. Telephone of Penn. ..73
238
Continental Cotton Oil
688
70
Contra Costa Water Co
10x3
72
Cramp Steel
3f>
73
Cuban Steel Ore
86
78
Diamond State Steel
70
999
Danville Bessemer Co
72
991
Denver Uaion Depot
69
494
Diamond State Steel
Jiw3
72
Eastern Milling & Export ...78
78«
Edison Elec. Ilium, of Boston.73
786
Klectric Corporation
70
684
Electrical Lead Reduction. ..72
583
KlectroGas.
3107
61
Electro-Pneumatic Transit.. 71
916
Fa'rmont, Coal
8*
73
Federal Telephone
447
73
Flemington Coal & Coke
12«3
72
Forward Reduction
73
187
Fowle Bros.. Lim
24i
72
General Carriage
73
496
Gottlien-Bauern. Straus Br'w.73
339
Great Western Cereal
;-6
?a
Hammond (G. H.) Co
71
916
Harper & Bros
700
71
Hudson River Telephone
1083
72
Hudson River Water Power. 72
683
Illinois Telep. * Teles
894
73
International Car Wheel
69
130
International Crude Kubher. 72
482
Intern. Bmery & Corunnum.. 71
10)5
International Fire Engine... 71
346
Inter Smoke.Powder & Dvna.'S
141
Inter State TelepD. of N. J...73
187
Kansas City Stock Yards
lt3
72
Kern Incandescent Gas L,
70
631
Knickerbocker (lnd.) Telep.
545
AT. ofN. Y.
71
Lackawanna Iron & Steel
778
72
.
.
Lanstop Monotype Machine.
<2
91
Vol.
Lewis Motor Vehicle
Lincoln G>is& Electric
Magnus Metal
71
Page.
915
85
73
71
72
72
Manhattan Oil
Manhattan Typewriter
Manufactured Rubber
238
186
440
796
1037
141
69
ManviDeCo
7a
MassiPon Coal Mining
73
Michigan Telephone
71
Milwaukee & Chicago Brew .72
Missouri Ed. Elec. Co.of St.L.74
Mo'ongahela Light & Power. 69
Mosler Safe Co. of Boston ... .70
National Cash Register
70
National Casket
69
.
National H'ireproofloe
73
National Fish
7"
National Gramophone
73
Nat. Roofing <v Corrueating..71
National Sugar Rerjnin*
72
National Typewriter
68
National Witch Hazel
72
New England Brick
71
New Haven Iron & Steel.. ..73
New Orleans Brewing Co ....78
New Orleans Gas Light
72
New Orleans Lighting
73
187
1033
794
286
840
1161
131
141
680
618
846
483
872
725
lias
86
85
fl'S
New Fork Auto-Truck
i9
N. Y. & Ontario Land..StJP. Jan..
N. Y. & Penn. Tei. & Tel
71
N Y. & Queens Gas & Klec. .71
New York Shipbuilding
71
New York Steel & Wire
Ti
New York Suburban Water.. 78
.
North. Ala. Coal, Iron &Ry.. 72
Nova Scotia Steel * Coal
73
Oceanic Steamship
72
Ogden Gas Co. of
<
Chicago.
Pennsylvania Furnace
Penna. Sugar Refining
Pittsburg Brewing
1-i.
69
71
PiitsDurg P,ate Glass
Pittsburg Stove & Range
Valve & Constr
Pottstown Iron
Pure Oil
Pitts.
Railroad Equipment
Railway Automatic
72
73
73
71
70
72
73
Sales.... 69
hap
Tr. Sub. Con. Co. of N. Y.71
Reece Buttonhole Machine.. 72
Joseph Stock Yards
St.
72
69
St. Louis Consol. Elevator
St.
UTerm C u p.
.
8t* t.
&
Prop.72
Schoenhoien(PeteriBrew.Co.71
Scott-Janney Klectric Co
.69
Seacoast Parking
.72
Sharon Steel
73
Sbilllto (John) Co of Cincln.6»
Spanish River Pulp & Paper. 72
Surague Electric
70
Standard Chain
72
Standard Shoe Machinery .. 73
Standard Typewriter
72
Standard Underground Cable.69
72
Steel Tired Wheel.
72
Stetson (John B.) Co
71
Storage Power
Street's West Stable Car Line.68
67
Street Rv & Ilium Prop
Sunday Creek Coal o.of Col.66
Superior Water Light & Pow.71
Tacoma and & lmprovem't.71
72
Teleph. Telegr. & Cable
<
'
Temrle Iron
Tennessee Copper
71
"2
Torringt r. Co
Tripler Liquid Air
Union Brick Co. of
71
73
New Eng. 70
Union L. & P. of Salt Lake C.70
73
Union Steel
72
Union Steel & Chain
72
& Shuttle
U. S. Bobbin
72
United States Finishing
73
United States Glass
U. S. Pneum. Horse Collar... .73
71
United States Printing
Reduction & Reflnlng.. 73
7«
Uniteo States Steel
68
United States Vehicle
72
Fuel
Utah
72
Washburn Wire
242
8«
998
244
441
81
1119
726
725
1015
687
876
36
797
699
679
1088
767
108*
239
864
148
725
229
444
1000
680
•it'}
444
132
444
1285
88
430
1056
334
438
8 Z2
92
1170
1140
912
448
86
234
71
36
1184
245
1286
894
84
1313
894
1094
29
779
195
1176
69
70
liSSg
US
Westchester Lighting
Whitebreast Fuel
Yakima Investment Co
725
1196
19no
1123
186
667
630
86
1;!62
b
.
.
.
BANKS, INSURANCE COMPANIES, TRUST COMPANIES &C.
172
SEW YORK AND BROOKLYN* BANKS.
Capital
Surplus Aundlvld'd
Par Amount,
Coup
2
.
.
profits.
^
1
350,000
416,500
Bowery" .... 100 250,000
Broadway.. 25 1,000,000
13,700
1.5 7,300
Butoh's'ADr 25
300,000
100 l.ooo.ooo
Central
Century *.. 100 100.000
UK) 1,000.000
Chase
450.000
Chatham ..
100 300,000
Chemical.
Citizens' ...
600,000
City
100 10000000
100
100.000
Colonial- ..
Columbia*.. 100 300.000
Commerce *. 100 10000000
Commerc'l 100 300,000
Continent' lrf 100 1,000,000
Oorn Exch.* 100 1,400.000
25 250,000
East River.
11th Ward'
100,000
25
Emp.Stat.
100,000
200.000
Fidelity".... 100
Fifth
100 200,000
Fifth Ave*.. 100
100,000
UK) hi 0,000,0*
First
Fourth
100 3.0O0.000
14th Street' 100 100,000
Gallatin .... 50 1,000,000
Ganse voort 50 200,000
Garfield
100 51000000
Germ'nAm.* 75 750,000
Germ'n Ex.* 100 200,000
Germania*. 100 200,000
Greenwich*. 25 200,000
Hamilton*.. 100 200,000
Hanover rf.. 100 113000000
Hide* L'th'r 100 500,000
100 100,000
Home"6
Lmp.A Trad. 100 1,500,000
Irving
50 500,000
200,000
Jefferson*. 100
Leather Mfr. 100 600,000
Liberty
100 500,000
Lincoln
100 300.000
Manhattan * 50 2,050,000
Mat A Fult. 100 900,000
Mechanics'
25 2,000,000
Mech. ATr* 25 400,000
Mercantile.. 100 1,000,000
Merchants'
50 2,000,000
Merch. Ex.. 50 600,000
Metropolis* 100 300,000
Mt. Morris*. 100 250,000
Mutual* .... 100 200,000
Nassau*
50 500,000
250,000
N. Amsfm.e 100
New York.. 100 2,000,000
N.Y. County 100 200,000
N. Y. N. Ex. 100 ysoo.ooo
Ninth
100 750,000
Nlne'thWd-100 200,000
K. America. 100 1,000,000
Oriental* ... 25
300,000
Paoitlo' .... 50
422,700
Park
100 2,000,000
People's* ... 25
200,000
Phenix
20 1,000,000
Plaza*
100 100,000
Prod. Exch.' 100 1,000,000
Republic h 100 1,500,000
Riverside*. 100
100,000
Seaboard... 100 500,000
Second
100 300,000
Seventh a. 100 37 -•,600
Shoe A L/thrlOO 1,000,000
State*
100,000
100
BtateofN.Y' 100 1,200,000
Twe'f.Ward* 100 200,000
23d Ward*.. 100 100,000
Union'
100 1.200,000
Union 8q.*.. 100 200,000
Varick*
100 100,000
Washington' 100 100,000
100 2,100,000
Western
West Side*.. 100 200,000
YorkviUe'
100 100,000
73,100
100
Aator
7
.
i
.
'
.
.
.
.
.
200
2,657,300
NEW YORK AND BROOKLYN TRUST COMPANIES.
State banks.)
(For detailed statements see Chronicle of July
Dividends.
Period. 1899. 1900.
>«-\v \ ork $
*
$
America*.... 100 1,500,000 3,097,000 J.
Am. Exch... lOO 5,000.000 3,411.200
i*
A
Latest.
%
J.
14
14
7
.i
.
.i
16
16
.000.400 Bi-m'ly. 150
150
382 500 J. & J.
7
7
6
6,630,300 M. & N. 15
1 40.900
None None
217.000 J. A J.
8
8
,094,500 J. A J.
18
8
11.500 See foot note i.
A
6
6
1,849.700 W. A A. 12
12
160,900 J. & J.
8
8
126,500 J. A J.
8
8
Q.-J.
.1
.1
Oct. '01.
4
Oct. '01.25
JuU'Ol. 3
'01.
Maj
3
Deo. '97. 5
July'Ol. 4
July'Ol. 4
1.407.900
/l
11.407,900
J.
&
J.
Q.-J.
Q.—J.
12
100
100
12
100
100
7
6
12
Jan. '01.
Aug.'Ol.
July'Ol.
July'Ol.
J.
.-F.
A A.
A J
J. A J.
J. A J
J. A J
A J
258,800
A J
1,110,700 j. A D
69,500
A J
162,700
289,800 M A N.
603,300
.-J.
2,156,200
A J
604,700
A J.
/128.300 F. A A
71,600 j. A J
147,!- 00 j. A J
1,025,800 j. A J
406,900 j. A J
512,400 q .-F.
3,968,700 j. A J
350,800 j. A J
2- 7,800 j. A J
222,600
443.400 A. A O
1,303,900 J. A J.
129,500 Q.-J.
1.015,800 J. A J
996,000 J. A J.
J. A J.
225,000 Q.-J.
283,800 J. A J
554,100 M. AN
42,700 J. A J.
75,400 F. A A
369,100 J. & D
F.
.1.
,r.
.r.
.i.
<;
,i.
,r.
18
10
18
10
10
8
8
8
None None
6
7
6
12
6
7
6
12
8
Aug.'Ol.
Aug.'Ol.
July'Ol.
July'Ol.
July'98.
July'Ol.
July'Ol.
July'Ol.
J'ne '01.
3
5
5
4
3
3
3*3
3
6
10
10 July'Ol. 5
40
50 Jnly'01.25
None None Feb. '97. 2
"l6"
Manhattan
...
Mercantile
Mortont
N.Y.Seo.ATr.
No. American*
Standard
Statet
Title Gu.ATr..
Tr. Co. of Am.
Tr.Co.of N.Y.-
Union
U.S.MortATr.
United 8tatee.
Washington
.
Brooklyn.
Brooklyn
Flatbush
Franklin
Hamilton
Kings County.
Longl.L.ATr..
Manors', Bklyn
Nassau
People's
Trust Co.
See V.
COMPANIES.
Citizens'
Com'nw'lth
Continental.
Eagle
4
5
2
Ger.Allianee
7>a
Hamilton
5
3
Hanover
275
Kings Co
Nassau
10
6
10
8
8
10
10
12
10
6
6
July'Ol.
July'Ol.
Aug.'Ol.
July'Ol.
July'Ol.
July'OO.
6
8
6
8
8
6
12
V. 67, p.
Oct. '01.
July'Ol.
Oct. '01.
July'Ol.
July'Ol.
4
6
6
6
6H
4
10
6
3
5
5
5
6
6
usine as Ja
3
Germania...
Greenwich.
.
. .
Home
4
New York...
2
Niagara
North River.
3
6
Jan. '01. 313
Oct. '01. 1
Julv'01.10
May "01. 3
Jan. 00. 3
Aug.'Ol. 2-2
Jan. '00. 5
May '01, 3
59,100 Began
n. 2, '01.
30,300 V.7l,p. 215.
2,378,200
None None Jan. '94. 3
436,600 J. A J 12
12 July'Ol. 6
223,300
AN
1
j
78, p. 4i2. 61
':.
A
V
68,
1^
29
9; V. 72, p.
July,'99.35
9, p. 474.
Oct., '01.15
7.
p. 3 57.
July, '01. 5
6
10
6
Q.— F. 30
30
Aug.,'01.10
Sep., '01. 5
18
Oct., '01.
J.
Q.-J.
A J.
Q-J.
12
Ht
Sep., '01.
J.
4
V.70,p. 213, 2«3, 411,666,772.
J.
J.
7 July, '01. 3»«
7
J. A J.
5
6 July, '01. 3
A
Q.-J. 16
See V. 69,
J. A J. 10
V.69,p. 9,2
J. A D. 40
Q.-F. 10
Q.-J.
J.
&
19
p.
Oot., '01.
1
10
09,
40
20
10
9
5
131, 1227.
July, '01. 5
676.
J'ne, '01.20
Nov.,'0l.
2-a July, '01.
July, '01.
8
8
67,p ./*. July.'Ol.
6
3 Jan., '00.
A J.
A J.
See V.
J. A J.
J.
J.
5
3*«
4
3
3
Oct., '01. 3
3V. July.'Ol.
J.
3»«
V.69,p .726 .113 1; V. 70. p. 60
Q.-J. 32 32 Oct., '01. 8
See Mi seel lane ous Cos.
J. A J. 40
45 July, '01.25
10 July, 01. 5
J. A J.
9
500,000 411,069 F. A A.
1,000,000 1,517.848 M'thly.
6
12-fl
16
Oct., '01.
4
6,11 13;V.69,pll2
10
8
10
10
10
6
Oct., '01. 3
Aug.,'01. 2
Aug.,'01. 2*«
Oct., '01. 2**
8ep.,'0l. 2
Aug.,'01 . 3
13*4 Oct., '01. 1
700,000
71, p. 889. 1044, 1199
:
V.
72. p. 2w.
«J Capital increased
72, p. 866, 1215; V. 73, p. 164.
to
See V.
FIRE INSURANCE COMPANIES
Net surp.,
Dividends.
Capital.
Dec. 31,
1900.* 1898. 1899. 1900. Last Paid.
Par. Amount.
Pacific
Peter Cooper
Phenix
Stuyvesant
Unit'd States
Westohest'r
W'msb. City
*
Over
$20
100
100
40
100
100
100
50
$300,000 $106,110
500,000 289,469
%
6
400,000
15
6
30
12"
15'
10
25 200,000 200,517
15 150,000
47,784
50 1,000,000 485,663
100 3,000,000 5,297,499
92,552
20 200,000
50 200,000 249,757
100 200,000
71,100
50 500,000 211,122
25 350,000 811,835
25 200,000 121,143
20 150,000 104,092
50 1,000,000 1,533,781
25 200,000
6,788
25 250,000 140,02o
10 300,000 1,219,258
50 250,000 1.120,895
all liabilities,
6
30
340,784
8
25
15
27*a
1,000,000 2,275,975
July, •01 4
6 July, •01. 3
25 July, '01 12ifl
121b Oct., '00. 7>a
6 July, •00. 3
30 July, •01. 15
July, '01 3
15" July, '01, 7>«
10 July, •01 5
6 July, •01. 3
10 July, •01 4
10 July, •01, 7
8
6
8
1,000,000 4,510,539
300,000 782,832
200,000
21,243
1,000,000 4,267,712
10
6
10
10
5
10
6
10
10
12
10
6
10
5
10
6
10
6
10
8
8
10
10
10
6
10
10
10
10
10
10
6
6
8
8
8
10
20
16
24
7-a
16
24
including re-insurance, capital and
Dec., •99. 5
July, '01, 5
Aug.. •01, 3
Julv, '01 5
Oot., •01 4
Jan., '01 5
Aug., •01 5
July, •01, 5
July, •01. 3
July, '01 3
Aug., '01. 8
July, •01 12
scrip.
GAS COMPANIES .—SEE ALSO MISCELLANEOUS.
Companies.
Par.
c*
Con. M., gold
L. Br. L'g lstM.6s.
Indianapolis Gas
mortgage
Jack. (Mich.)
—
Gas Stk
M. 5s. g
Madison (Wls.)GAE*
1st M. 6s, g
1st
Deb.,8orip,g.,6p 0.
Minneap. G. L., Stk.
1st con. gold 6s....
Mun'l Gas (Alb, N.Y)
1st mortgage, g...
New
Orleans G.L.t..
1st mortgage
Roch'st'r G. A El.com
1st cons,
Dividends and Interest.
Period.
mort
St.Jo8.(Mo.)Gas8tk
1st Mort. 5s, g
St.P.(Minn.)G.L.8tk.
1st M., currency...
Gen. mort. gold....
Wash'n (D. O.) G. L..
'99.
A J.
A O.
1,698,825
3,065.800 J. A D.
1,000,000
1.000
951,000 J. A J.
15,000 J. A J.
1,000
50 2,000,000 Q*T J %
1,000 2,750,000 M. A N.
250,000 J. A J.
50
310,000 A. A O.
1,000
100
400,000 J. A J.
350,000 A. A O.
1,000
100,000 AAO 10
25 Ac
50
800,000 J. A J.
600,000 M. A S
1,000
Bingh. (N.Y.)G.W.. $100
1,000
1st M. 5s, g
100
C0l'mb'8(O.)G.L AH.
100
Pref., non cum
100
Con. Gas (N.J.) Stk..
1st
Securities
afloat.
<
in March, lwOl. See V. 72, p. 462.
I Capital
Capital Increased from »2oo,0
Increased to $3 000.000 and surplus to t6.oo0.000 In July, 1900. See V. 70. p. 721,
rti. 10T6; V. 71, p. I", bin March. 1900. llorni; Bunk merged with Corn Exchange
c Hamilton Bank consolidated with Union
Bank. See V. 70 j>. 80S, 609, 56*.
A Continental National Bank abBank in April. 1900. See V. 70. p. 663. 722.
sorbed by Hanover National. See V. 72. p. 663. 75*. HH.
e Changed Irom h
State toa Na'loruv Institution In April. 19 1. V. 72, p. 66& V. 78, p.- Iff.
/In
V. 72, p. «12.
April. 1901, Hohemerhoru Bank nx-igfd with Mechanics' Bank.
rentta National B»nk closed in June. 19ol.
Reorganization
V. 72 p. 1262; V. 7:«, r>. 13. t«. 1-4. 648.
h In July. 1901. capital
In pro«-re««.
Increase from 50'.. 000 to 1 0,000,000. and surplus and undivlned profits from
19 .616.100 to tl' <> '0,000; also absorbed the National Bank of the Republic in
i Formerly I) HnestIC Exchange N'»August. 1901. V. 19, P. 11*. 164, 21«. 317.
r. 78, p. 217. 18 f. 7*. p. 904.
al; name changed In Aug.. 19 U.
J Capital
InTea-ed fr.,rr, $300,000, aDd surplus from 160,000 to $230,000 io Sept.. 1901. V.
I
See
J.
1,000,000 1,803,673 Q.-J. 16
200,000 122,501 V.68,p. 105
1,000,000 l^O,*^ Q.—J. 10
500,000 859,718 Q.-F. 8
500,000 1,( 97,124 Q.—F. 9-n
11500,000 1*5r.3,162 Q.-J.
8
500,000 865,892 Q.-J. 10
NEW YORK AND BROOKLYN
German Am.
6
6
12
3
100
100
100
100
100
100
100
100
100
100
and surplus to $1,600,000
$1,000,000
Empire City.
6
100 l,000.00o!l,401,563
100 1,000,000 1,155.51;!
100 500,000 919,212
25 1,000,000 6,440,248
100 500,000 1,011,174
100 2,000,000 4,644,514
100 1,000,000
.......
100 1,000,000 1,387,521
30 1,000,000 1,681.451
100 2,000,000 4,885,123
100 500,000 1,142.121
100 1,000,000 1,895,524
100 2,000,000 2,026,58^
100 1,000,000 3,933,452
100 1,000,000 2.579,162
100 2,000,000 2,709,254
100 500,000 546,935
100 1,000,000 476,743
100 1,000,000
100 2,500,000 3,385,136
100 2,500.000 2,842,122
100 1,000,000
22,753
100 1,000,000 6,691,353
100 2,000,000 2,g93,990
100 2,000,000 1160*457
100 500,000 800,032
%
Last Paid.
n'ne n'ne Sep., '01.
482.649 J. A J
J'ne, '01. 3
* International Banking & Trust Co. and Trusl Co. 01 N. Y. absorbed by the
North American Trust Co. See V. 70, p ?13, 263. 411, 666, 772; V. 72, p. 416, 4«2.
+ Morton Trust Co and State Trust Co. consolidated under name of Morton Tr.
V. 70, p. 213. 360. 564, 614, 667, 77 1, 888,
Co., and capital and surplus increased.
872. § Name changed in July, 1900. from Produce ExchangeTrust Co. to Bowl163.
Bankers' Trust Co. absorbed by Atlantic
ing Green Tr. Co. V. 71. p.
t
Williamsburg
Jan. '00. 2
2
May'O'. 4
126.100 M. A N
8
8
180,300 J. A J
10
10 |July'0l. 5
157.4C0 J. A J
7 Juiy'01. 313
7
573,527 J. A J
14
14 July'Ol. 7
50
City
34,300
8th Ward*.. 100
5is J'ne '01. 3
73,900 J. A J
5
5th Avenue* 100
100
520,400 Q.— J.
First
18
16 Oct '01. 4
100
Hamllton'e
J. A J
2>fl None July '99. 2-fl
'ei'.oob J. A J
Kings Co' .100
5
5 July'Ol, 2^
487,314 J. A J
Manufac'rs' 30
10
10 July'Ol. 5
3r 0,600 J. A J
MechanV
10
10 May '01. 5
186,800 J. & J
Mech.ATra* 100
15
10 July'Ol. S
23,800
Estab. 1895
Merchants' 100
625,563 J. A J
100
12
12 July'Ol. 8
Nassau
144,700 J. A J
North Side.' 100
6
6 July'Ol. 4
128,900 M.
Peoples'*... 50
May '01. 4
8
8
78,200 F. A A None None Aug.'95. 3
17th Ward* 100
243,251 J. A J
100
Sprague
6
6 July'Ol. 3
54,200 J. A J
28th Ward.' 100
6
6 July'Ol. 3
60 500 J. A J None None J'ne '01. 2i*
100
Unlon'e
55.900 J. A J
Wallabont*. 100
5
5 July'Ol. 2-3
30. 1901, for National, an'l Sept. 12, 11*01. for State banks.
Sept.
* Nat. Bank
of ommerce and Nat. Union Bank consolidated. Pee V. 70. p. 59, 15f, 459. 50H.
150,000
100.000
300,000
30O.000
100,000
100,000
300.000
100,000
150,000
252,000
500,000
100,000
100,000
300,000
100,000
100,000
100,000
200,000
100,000
100,000
10O.0OO
Farm. L. & Tr.
Fifth Avenue..
Guar.Tr.,N.Y.
lnter.B.ATr.*
Knickerbocker
None None Jan. '97. 3
4
00.
May '01. 4
Oct. '01. 5
Brooklyn
Bedford*... 100
Broadway*. 100
Brooklyn*.. 50
City
Colonial
Continental
Real Estate...
None None July ,'94. .3
8
t
N.Y.Lf.I.ATr.
759,000
in '99 and '00,
last dividend.
M&.lb 44, 119
Bowling Or**! 5 100 2,500,000 2,54 8,099 V.69,p. 624. 127
Cent k.b.at. 100 1,000.000 1,34.6.056 V.68.D. 909; V.6
Central
100 1.000,000 11614 3X4 Q.-J. 50 60
BanS era'*
4
4
Ju'y'Ol. 6
Oct. '01.25
Oct. '01.25
July'Ol. 3*3
May '01. 3
Oot. '01. 6
Feb.*96. 2ifl
Sep. '01. 3
Aug.'Ol. 3
July'Ol. 6
May 01. 8
May '01. 3
July'Ol. 3
July'Ol. 5
•99.
100 1,500,000 1,012,367
100 1 ,500,000 V.71, p.
Metropolitan
•
1,014,800
2.093,000
1,012,200
2,317.200
130,000
1,261,800
1,136,700
and also
Profits
3
6
& J. 7
M. AN.
6
A. A O. 12
F. A A. None None
Q.-M. 40
50
404,800 F. A A.
6
6
584,800 J. A J. 10
18
866,700 M. A N. 10
16
184,100 M. A N.
6
6
K 0,000 J. A J. 6
6
5,655,200 J. A J
10
10
369,100
J. A J. None None July '96. 3
6,104,400 J. A J. 20
20 July'Ol. 10
475,300 J. A J.
July'Ol. 4
8
8
54,100 Org. Ma r.'Ol. V. 72 p. 367, 753.
515,800 J. A J. 10
10 July'Ol. 5
2.563.200
82,300
1,964,700
20,000
1,156.100
Atlantic
27. 1901.)
& Dividends paid
I'ndiv'ed
COMPANIE8.
Merchants
\'.72,p. 1062; V.73 ,p. 116.
96,100 8ee V. 71. P 735. U47.
371,700
Surplus
Capital.
Par Amount. Jne30'01 Period.
July'Ol. 8
M.iv'Ol. 3>fl
M. .V N.
7
Org. Jan. '98
17 Julv'Ol. 6
J. A J
6
.i.
a
12
12 July'Ol. 6
Jan. '00. 3
J. & J.
6
3
.1.
July'Ol. 4
.1
v*
8
8
Org. \v r.'Ol. V. 78 p. 7r5.
.i.
Julv'Ol. 6
11
12
A
977,900
[Vol. LXXiir.
$450,000 J.
5 6,000 A.
M.
&
S.
Q.-F.
I'D
6
5
6
6
6
413
5
2
5
6
6
..
....
Jan. 1,1936
Jan. 15, 1914
<t>
19-20
July 1, '01.
Mar.
1.
1937
July20'01,2»«
Apr. 1, 1926
V. 71, p. 392.
8
8
(?)
6
6
10
6
5
5
6
6
Mar. 1, 1902
1910-1930
A J.
A J.
A J.
A. A O. n'ne
F. A A. 6
M. A N. 5
M. A S. 4i«
M. A S. 2\
J. A J. 5
Q.-F.
4
6
J. A J.
J. A J.
6
M. A S. 5
Q— F. 15
J. A J.
6
J.
J.
J.
July 20,-01,1
5
Apr. 1, 1938
4-2 Mar.1,'01,3
J'nel5'01,3
6
5
6
8
6
4
5
. .
%
*Date.
2
1
'
1,000 2,232,000
100 2,000,000
500,000
1,000
100 3,750,000
1,000
76,000
100 2,150,000
lOOi 2,150,000
1,000; 2,000,000
1,000 1,000,000
100 1,000,000
752,000
1,000
100 1,500,000
1,000
650,000
600,000
1,000
1,000 2,537,000
20, 2,600,000
Var's
300,000
Var'sl
300.000
•00.
10
Aug.l,'01,2>fl
6
5
5
3
6
July 1, 1906
Julyl,'01,3
Various.
Oot.15, '01,3
Aug.l,'0l,3
5
Nov.
1,
4'k
Mar
15.
3
b
4
6
6
5
1912
1920
Mar 20 'Oil 1*
July 1, 1937
Mayl5,*01,l
July 1, 1915
July 1, 1918
Mar. 1, 1944
Aug.l,*01,2»a
J'ne30,'02-27
6
6 Dee.31.'04-29
J. <V J.
* Thin column snows la«t divide* d on kUk.uk »n 1 maturltv on Oomim.
In April, 1901, leased till April. 1925, to New Orleans Lighting Co.
at 6% per ann. on stock, payable Jan. A July.— V.72. p 678. 630. 393, 91
Seepage 156.
; Now controlled by American Light A Traction.
Reg., 6, Series A, g
Reg., 6, Series B. g
t
15
6
..
...
.
.
.
October,
RAILKOAD EARNINGS.
1901.
173
|
MONTHLY GROSS EARNINGS OF PRINCIPAL RAILROADS.
Feb.
tit.
1888..
Southern—
(810m.).
(810 m.).
(310 m.).
1898
1900
1901
(310m.).
At. Top.
1
I
165.879
158.686
182,604
200,012
Fe Sys
S.
<fc
.
(7,-08 m.).
1901
Si
(2,969 m.).
to 3.1S0 m.).
1900/.. (3.130 to 3.300 m.)
(3,»00m.;.
1901/
Ball. Koch. A: Pittsb.(334 m.).
18x8
(334 m.).
1899
(472 m.;.
1900
(472m.).
1901
1899/... (2.969
&No.-
(1,134 m.).
1898
1899.. ..(1.134 to 1,170 m.).
1900. ...(1,170 to 1,291m.).
1901
(1,891 m.).
Canadian
0.081
7.001
7.4B7
7.508
.
m.).
m.).
m.).
m.)
Georgia -
ol
..(1,524 m.).
1999.... (1,524 to 1.540 m.).
1900. . (1.540 to 1.670 m.)
1901.. ..(1.680 to 1.945 m.).
1898
.
.
Cent, ol
May.
June.
$
132,543
f
135.211
152,953
167,919
t
121,790
187,355
140,089
175,636
103,134
151.070
170,145
174,4:12
133,857
167,066
1 19 685
131,876
Auk.
Sept.
Oct.
$
July.
~ JT~
t
150,382
170.8O2
172.184
200.720
151,301
181,884
173.309
•193,304
Nov.
154,439
200,449
190,879
Deo.
I
150,812
190,921
201,440
170,195
195.643
204.008
Total.
1,766,193
1,998,665
2,088,148
3,066,383
2,959.739
(8 551.6-3
i
8,676.078
2.723.187
3.550,011
3,997.827
3.44 \090
3,385,826
8.201.114
3.517,331
2,945,334
3,044,8*8
8.741,762
4.188,517
3,055,062
2,965,991
8.591.752
3,879.746
283,169
297,966
385,749
463,736
358.858
260.643
330.267
403.807
295,754
328.112
438,213
483,983
326,037
819,989
461.191
489,368
303,329
363,472
860.968
426,007
308,881
365.647
350,683
388,013
357,201
386,218
428.269
386,452
1,672,873
1.864,570
2.152.071
2,054,016
1.194,597
1,763,383
1,954,087
1,977.189
523.698
509,214
8,108,147 3,237,736
3.393.763 3,558,999
4.035,831 3,927,258
4,415,935 •1,167,390
i
8.886.773 39,875,868
1.103.656 42,654,068
1,756,626 149,977,319
3,134,650
3.571.150
4,246,393
3.057,486
3,348,610
3,836,241
3,082,193
3,117,514
4,076,026
85,486,147
37,377.694
45,318,209
338,231
409,698
494,646
*360,843
319,672
425,838
686,957
340.710
413,231
433,398
288,853
350.86?
489,911
3.811,729
4,074,560
5,689,600
533,698
550,010
407,134
487,663
497.913
656,021
659,336
427.449
44l,2b0
335,324
437,303
387.669
414,684
4.683.561
4,926.932
4,848,280
2,310,865 2,398,386
2.474,037 2,649,785
2.637.983 2,663.492
3,113,551 •3,218,0.0
2,088,730
3,084,605
8,771,836
2,524.497
2,977,404
2,718,000
2,671,117
2,970,219
2,983,911
26, 138,976
649,891
610,708
733,724
621,362
577.291
017,863
567.597
588,296
634.777
6.617.754
5,781,048
6,573,275
1,165,850
1.334,293
1,247,128
1 ,245,052
1,443.536
1.028,815
1.221,982
1.366,733
1.830,260
1,493,976
1,873,327
1.819,019
1,606,580
1,888,195
1,893,414
1,436,043
1,010,283
1,685,057
1.270,076
1.331.805
1,4/5.016
16,971,012
18,084,152
18,743,062
961,689
1,051,155
1.198,633
1,346,703
1,038,305 1.022,201
1,105,299 1,123,643
1.364,179 1,350,6M4
1,199.378 •1,418,579
1,085,494
1,170,598
1,464,714
1.020,123
1,121.445
1,253.700
1.130,988
1,390,151
1,337,130
11,969,190
12,619,435
14,482,700
3,192,949
3,701,825
3,994,91)
4,088,9 j7
3,086,197
3,850.278
3.907,29?
4,180,790
4,054,595
4,353,664
4.545,718
4,979,672
3,929,553
4,652,253
4,772,004
4,631,207
4,810,012
6,164,236
3.980.4H9
4.005,933
3,985,786
3.627.202
3.772,933
4,110,375
43.163.943
45.5an.908
48,489,169
312,331
303.364
392.264
418,611
321,008
386,078
407,641
470,032
379,354
447,938
459.970
635,317
390,276
442,620
472,057
•193,795
414,934
488.098
619,8x3
407,9(5
439,738
472,174
444,419
475,971
533,396
4,363,108
4,898,073
6,328,047
3,079.325 2,947,917
2,895.732 2,903,441
3.735,010 3,794,80 1
4,007,10) 1,038,038
2,822,231
8.211.199
8,5iS,60j
4,030,697
318,306
335,807
671,478
518,987
325,096
228,612
491.146
532,721
836,246
268,073
475.086
667.439
351,709
409.709
500,937
690,750
310.982
306.380
382,013
318,173
347,319
379,919
367,349
899.772
301,321
384,008
398,113
407,518
303,326
393,704
856.743
837,216
455,430
433,059
428,415
529,564
2.079,479
2,109,688
2.294,787
2,500.619
1,958.462
2,196,312
2.491.194
2,681,312
2,252,999
2,402,151
2.6H2.89S
8,651,817
2,138,110
2,363.878
2,617,760
2.702,177
3,051,363
2,385,625
2,851,455
495,603
447,878
569,039
626,701
441,646
626,954
582,322
572.S0X
311,180
387,922
403,287
448,707
388,871
370,618
400,783
470,048
856,255
371,061
407,600
477,100
449,625
428,702
523.081
570,017
417,012
434,447
497,270
593,039
885,391
867,893
883,643
913.816
1,089,955
1,164.482
1.247.500
1.143,833
l,363,10i
1,142,384
1.236.991
1,310,189
955,801
1,170.663
1,262.195
1,316,041
1.054,068
1.250,656
1.353,217
1,603,730
1,034,641
1.312.339
1.309.234
1,101.787
1,146,069
1.449.555
1,572,490
1.574.597
1,338.463
1,482,652
1,136 465
1,661.912
1,471,335
1,112.911
1,420.707
1,91 ',161
1,345,800
1,603,618
1,597,138
1,300,119
1,530,443
1.716,111
1,814,291
1,456.023
1,910,167
1.850,334
912,933
867,655
1.171.19.)
956,347
988,623
124.616
1,310,903
1,000,978
1,085,975
1,273,061
1,318,711
3,255,366
3,249,862
3,6u7,920
8,863,313
3,551,597
3,424,624
3,571.255
4,345,836
I'acillc-
189a.. .(0,f48 to
1899... .(0,953 to
1900.. .(7,001 to
1901... (7.467 to
Central
i
Ohio—
Birl. Ced. K.
135.&82
152.821
181.755
190,732
143,769
181,601
163,646
183,917
April.
3.368,541 3,212,989 3,299,470 3,000,500 8,766.998 3.004,107 3,425.682 3,995,26? 4,008,903
3.361,814 3,235.200 8.420,847 8.219,918 3.203,171 3,689,846 3,936.310 4.453,186 4.241,732
8.9)9.406 13.845,307 (4,051 036 (8,916,956 18,697.061 i4.258.H40 i 4,389.555 45,070,117 14,779.096
1.416.886 44.142,969 4 4,638,7*2 i 4,974,746 14.837,478 i 1,617,435 14.703,502 i4,9U,070
3.860.419
898„. (0.935 to 0,»86 m.)
8.288.323
...(6.980 to 7.403 m.).
1900.... (7. 731 to 7.809 m.). 13,731,864
1888/
S
-
1899
Baltimore
March.
f
Jau.
Ala.
New Jersey—
550.8351
671,286
2.471,17(J
458,224
552,901
048.696
29,230,037
80,467,841
585,011
13.187,270
m.).
m.).
m.).
m.).
1,055.699
1,092,563
1,303,419
1,406.018
m.).
m.).
m.).
m.).
1,061.818
1,138,345
1.266.260
1,307,373
1.062,118
1,017.977
1,169,715
1,222.200
1,137,678
1,299,121
1,444.794
1,539,277
(1.360 m.).
1899.. ..(1,360 to 1,445 m.).
1900.... (1.445 to l,l7rim.).
1901.... (1,532 to 1,601 m.;.
964,353
924.410
1,101,250
1.288,200
913,390
775.993
888.78b
1,126,192
1,002,789
1.007,483
1,046,099
1,261,873
3.014,456
3,193,452
3.510,243
8,734,661
3,139.716
3,026,776
3,387,365
3,614,687
3,667,666
3,420,691
356,474
398,234
470,817
528,040
337,011
361,848
424,257
473,08*
353,913
401,531
458,694
480.093
296,895
337,345
438,235
342,498
355,249
366.714
411,72)
369,236
448,445
522,987
631.733
415.695
451,036
521,513
524,863
490,502
530,215
599,925
583,100
400,802
465,518
501.035
669.319
445,489
475,764
628,491
593,189
472,890
5*4,784
653 502
607,120
391,126
486,500
611,050
605,299
626,440
687,702
621,831
738,911
551,040
070,915
629,429
•635,973
543,529
649.691
693,539
476,951
550.397
557,017
482.255
548,348
656,666
6,586,511
6,389,348
6,832,018
225,358
244,100
332,519
316,512
215,465
227,197
287,161
275,341
265,303
289,843
344,937
333,012
279,209
299,014
319.949
366,139
274,452
328,006
858.8J6
374,573
280,521
339,063
3o3.857
366,692
294,645
340,326
3*2,908
337,693
309,230
371,621
363,997
424,6.8
323,e24
371,144
353,233
•338,593
307,542
370,946
378,479
274.109
360,622
338,058
274.147
330.601
361,462
3,323,605
3.868.980
4,139,829
2,361,297
2,950,410
3,210,818
3.313.569
2,394,660
2,573.816
2,867,741
3.093,905
2,916,373
3,133,730
3.427,82*
3,530,905
2,585,546
2,916,399
3.264,104
2,746,324
3,895,981
8,419,204
3,555.969
2,535,193
3,384,476
3,220.827
3,532,041
3,019,787
3,376,693
3,594,690
3,904,054
3,692,181
3,879,400
3,728,462
4,150,192
4,078,456
4.327,091
4,278,837
3,500,448
4,022,686
3,783,005
3,504,27?
3,595.398
3,782,930
36,089,727
40,566.626
41,691,593
3,244,19(3
2,755,182
3,009,946
3,108,668
3,232.193
2,561,557
2,829,566
2.991,834
3,160,785
2,586,872
2,691,421
3,104,002
3,104,737
3.051.836
3,152,812
3,449.061
3,531,113
2,711,697
2,853,015
3,374,641
8,478.;60
3,086,809
3.337,228
3,458.267
3,663,231
2,995,884
3,635,304
3,688,173
3,91 J.102
2,819,284
3,092,275
3,681,564
3,884,652
3,414,354
3,301,414
3,923,369
4.29J.425
3,598,274
4,177.483
4,002,110
3,870,663
4,270,022
4,184,225
3,374,871
3,704,642
8,483,189
3.272,914
3,291,889
3,293,034
37,151,015
41.437.098
42,538,136
1,891,021
1,419,411
1,695,090
2,034,780
1,590,331
1,330,554
1,579.781
1,816,187
1,568,155
1,635,715
1.875,479
2,053,867
1,528,147
1,463,158
1,732,988
1,972,937
1,698,273
1,629,530
1,788,101
2,201,99i
1,576,709
1.765,355
1.991.531
2,124,921
1,671,734
1,800,333
2.130,1,0
2.690,401
2,051,063
2,223,702
2,409.77/
2,809,895
2,030,813
2,383,809
2,468,272
2,161,779
2,353,013
2,008,315
1,821,913
1,988.811
2,116,662
1,741,712
1,832,982
2,173,807
20.831,680
31,885,993
24,630,209
667.479
823,809
791.335
773,3r6
591,272
710,619
671.055
755,183
694,792
811,972
802.959
856,149
598,063
651,316
614,141
86J.082
783.466
837,017
712,200
875,197
733.425
8*7,237
881,726
979,753
974.307
1,061,640
1,098,984
1.080,907
1.173,931
1,144,724
1,230,483
1,089,242
999,719
925,404
947.705
791,572
809,753
9,590,989
10,488.813
10,343,001
805,466
658.798
738,030
771.230
797,209
1,119,321
332,835
356,715
430,541
410,733
321,161
322,397
392,194
402,001
339.094
370,918
444,311
445,672
820.561
361,470
397,663
419,149
463.544
406,492
442.479
459,609
411,047
400,488
411,570
440,579
400,539
397,003
421.786
462,940
417,346
428,20a
415.707
466,387
419,019
443,812
391.227
430,300
408,332
459,20?
432,211
419,672
440,097
391.193
375,844
430.236
412,36o
4,658,994
4.826.754
4,986,522
1.098,573
1,041,832
1,301,189
1,350,841
1,061,718
982,733
1,229,380
1,278,430
1,191,679
1.192,123
1.417,532
1,385,863
1,164,765
1,164,493
1,356,098
1,367,354
1,173,302
1,200,691
1,366.438
l,62j,495
1,209,215
1,364,242
1, 459,5 J4
1,706,956
1.146,063
1,254,798
1.362.610
1,596,190
1,309,650 1,400,326
1,365,612 1,504,226
1,449,939 1,623,83"
1,7*9,193 •1,002,116
1,325,210
1,613,686
1.668,703
1,249,601
1,602,656
l,003,3da
1.352.402
1,605.829
1,664,068
14.682.600
16,612,823
17,402.693
(1,666 to 1,673 m.)
(1.673 m.).
1901. ..(l.ere.to 1,722 m.).
644,626
721,757
832.411
846,276
566,716
583,348
703.894
783,740
638,356
793,845
817,169
909,748
647,788
765,022
780,62u
883,038
658,247
810,458
872.576
930,913
711,724
716.939
917,062
989,252
721,272
708.458
952,553
898,372
960,085
l,123,38o
849,905
930,677
933,174
814.306
880,734
961,677
8,740,337
9,714.724
11,036,164
1.034,011
1,046.496 1,039,251
1,053,851 1,097,200
1898* .. (8,165 to 3,27 1 m.)
1899*
(2,371m.).
1600*
-(2.271m.).
190U
(2,271m.).
2.363,702
2,489,S35
2,926,710
3,189,894
2.247,191
2,214,629
2.582,586
2,737,102
2,724,933
2.766,674
2,998.670
3,399,634
2,604,544
2,693,830
2.945,683
3,217,665
2,826,328
2,992,759
3.161,117
3,641,472
2.733,200
8,288,866
3,332.263
3,562,107
2,570,096
3,302,633
3,215.008
8,523,693
2.978.007
3.679,087
3.481.272
3,980,653
2,964,928
3,410,696
3,118,901
3.116,148
3,489,190
3,168,337
2,948,480
3,386,095
3,169,520
2,738.453
3,186,215
3,187,696
32,806,010
36,800,409
37,273,167
1898*.. (4,108 to 6,116 m.).
1899».. (5,115 to 6,213 m.).
1800V _ (6,213 to 6,418 m.).
1901*
(5.418 m.).
1,366.415
1,651,253
1,964,993
1,927,949
1,871,305
1,466,183
1,778,830
1,740,508
1,648.078
1,874,458
2,470,689
2,355,347
1,721,438
1,833,294
2,153,054
2.278.00J
1,872,874
2,029,933
2.299,059
2,307,5*5
1,691,263
2,077,459
2.413,882
2,085,021
1,789,011
2,266,030
2.263,347
2,079.568
1,940.761
2,297,814
2.413,555
3,117,297
2,781,592
3,113,272
2,870,850
3,596,962
3,106,248
3,416,655
3,023,326
2,636,311
2,916,185
2,714.817
2.232,709
2,801,233
2,467,872
24,061,025
27,252,669
28,861,774
209.883
229,486
381,393
380,240
171,339
199,612
325,170
334,272
235,257
231.323
366,568
345,793
191,903
229,391
383,803
323,978
224,367
262.504
40). 185
399,364
229,183
282,665
437.381
435.826
193,980
815,782
386,871
429,937
230,019
335,563
393,400
468,008
211,088
345,500
391,056
244,960
393,934
461,749
281,764
388.653
407,770
246,748
367,466
898,883
2,701,086
3.531,677
4,716,748
2,276,720
2,423,792
2,912,379
3,220,473
2,183,398
2,152,380
2.634,415
2,859,355
2,277,769
2,442,207
2.875,746
3,226,434
2,119,390
2,113,577
2,411,206
2,953,758
2,235,658
2,854,184
2.625,499
3,173,306
2.137,584
2.328,795
2.771.759
2,910,434
2,052,074
2.381,790
2,636,890
3, 175,7 j2
2,371,996 2,384,614
2,617,275 2,737,105
2,881,721 3,112,621
3,333,178 •3,358,606
2.466,737
3,012.161
3,414,924
2,563,749
2,821,763
3,142,833
2.560.5S5
2,310,570
8,367,736
27,6:10,274
301,616
266,825
906.629
393,746
294,433
328.780
261.041
382,783
233,613
277.695
261,52a
363,008
201,687
242,808
266,073
329,110
216,400
273,392
29>,879
316,263
232,879
307.299
307,130
335,985
422,583
533,006
495,278
585,339
481.920
485,687
462,96*
441,599
423,625
481,580
3,990.201
4,177,762
4,342,923
149,003
176,780
200,467
194,032
110,432
157,109
167,888
163,539
168,939
171,564
160.259
163,009
157,850
190,242
180,153
177.369
135,386
196,923
106.309
177,177
194,543
226,293
191,167
200,011
208,510
23,, 331
205.829
205.455
227,12a
318,248
133,467
195,995
178,391
189,214
191,166
200,760
2,015,375
2,291,638
2,225,892
1,854,195
2,067,141
2,152.227
2,619,237
1,773,866
1,918,061
2,1*8,371
2,370,585
1,851,649
2,120,164
2,260,768
2.528.279
1,880,359
2,138,293
2,177,312
2,371,362
1,827,667
2,166,220
2,169,938
2,311,393
2,102,886
2.610,305
2,618,078
2,099,004
2,467,171
2,482,328
2,048,538
2.365.997
2,504,612
22,808,635
20.001.104
27,950,374
(628
(628
(828
(628
1898o
1899g
1900a
ISOlff.
.
Central Pacific—
(1,359
(1.869
(1,369
(1.359
1898
1899
1900
1601
Chesapeake
Ohio—
Jt
1898
Chic. Burl.
1898)4
Quincy& (7.359 m.).
1899h. (7.859 to 7,638 m.)
1900/1. .(7.638 to 7.967 m.).
1901(1
(7,967 m.).
.
Chic. ct East. Illlnols(648 m.).
(648 to 711 m.).
1898
1899
1900
1901
(711m.).
(7527
m.).
Chicago Gt. West.—
1898
1899
1900
1901
....(930 ni.).
(930 m.).
(930 m.).
(930 ns.).
Chic. Ind. Si Iioalsv.—
1898
1899
1900
1901
(537
(537
(547
(547
m.).
m.).
m.).
m.).
Chic. .Hllw. ct St. P.-
(6.153 mJ.
1898
1899. .„(6,153 to 6,272 m.)
1900.. ..(6,376 to 6.571 m.)
1901
(8.671 m.!.
West.—
Chic. Si North
1898™
1899... .(5.077
1900.... (5.327
1601. ...(5,662
Chic
11. lsl.
(5,077 m.).
to 5,327 m.).
to 5,563 in.).
to 5,577 m.).
Si
Pac-
(3,571m.).
1899k. (3,568 to 3,619 m.)
1900k. (3,619 to 3,819 m.)
16014
(3,919 m.).
Chic. St. P. M. Si O.1898
(1,492 m.).
1899..„(1,492 to 1,619 m.).
1903.._(1,519 to 1,557 m.).
1801...
(1,557 m.).
1898k
.
.
Cln.
N.O.
ct
Tex. P.-
1898
1899
1900
1601
(336
(336
(336
(336
m.).
m.)
m.).
m.).
CI.Ctn.Chic.de St. L.(1,838 m.).
(1,838 m.).
1898.
1899-
1900.... (1,838 to l,8dlm.),
1901
(1.691 m.).
Oenv. Si Rio Grande—
1898
1899...
...(1,666 m.).
.
1900
3,952.0511
8,940,067
1,100.0*0
368,65.3
676,(188
1,
784,090
860,131
804,934
957,275
1
U6.591.199
(
15,853,082
Erie—
Gt. North'n System—
Hocking Valley—
1898
1899
("346
m.).
(346 m.).
(346 m.).
(346 m.).
JW01801
161.388
Illinois Central.—
1898t. .(8,808 to 3,867 m.).
1899+. .(3,667 to 3,996 m.)
1900+. .(8,990 to 4,265 m.).
1901+
(4,265 m.).
lntern'l Si Gt. North.
1898
1899
1900
1801
(776
(775
(775
(775
m.).
m.).
m.).
m.).
331,295
335,663
878,544
409,73t)
899,139
277,970
339.749
342,218
1898
1899
(512 m.).
138,729
162.305
177,33b
238,432
148.847
158,419
170.708
209,039
Iowa Central—
1900.
1801
(512 to 510 m.)
(610 m.j.
(610 m.).
Louisville ct
Na*hv.—
1868
(2.985 m.).
1899.. ..(2,985 to 3,033 m.).
1900. ._(H,033 to 8.151 m.).
1901. ..(3.154 to 3,<>-.9 m.).
1,807,684
1,928,687
2.392,303
2.612,608
1,754.984
1,651,340
2,183,978
2.377,690
442,861
380.622
405,490
30,095,899
34,687,703
302,601
1,866,746 1,940,95
2.290,009 2,327.216
2,262,772 2,277,007
2,436.610 *2,438,735
i:
t These figures include the earnings of the
Includes results on Brie and branohes, N. Y. Pa. A Ohio and Chicago & Erie.
Bt. Louis Alton & Terre Haute, Chesapeake Ohio A Southwestern, Ohio Valley and Chicago & Texas for all periods, but they do not include results on the
Yazoo Branch after June 30, 1898.
/Includes Baltimore A Ohio Southwestern for all the years.
g Figures do not include N. Y. A Lou* Branch Division.
h Includes for all the years all the roads owned or controlled, not excepting tne Chicago Burlington A North'n, whica latter was formerly reported separately.
1 After Jan. 1, 1900, operations of San Francisco A San Joaquin Valley are included.
K We give here only the figures of aross earnings; othek income which
forms part of the monthly returns being excluded so as to make the comparison with previous years correct.
( These figures include the earnings of the
•
Approximate figures.
New York A Long Branch
*
Division.
i
.
.
174
1
1
1
INVESTORS'
SUPPLEMENT.
I
Vol. LXXlll.
MONTHLY GROSS BARNINUS OP PRINCIPAL RAILROADS—<Con<iln(i*rl)
Jan.
lleilcau I'ruinii
-
.1>56
I89tv
1698*. ..(V
Hi.).
ITui.l
•.90to... 3017 to 8,0*4 aiJ.
'«Oi«. .i8.'>64 Co
8* iu.)
.
Mexican
IuIitiiui'i
_(059 to ;3l m.).
ISV*
18»8«
190XV
1801*
-i731 t<> *„.(.4o to 648
..
1
t
.087.08a
March.
Feb.
1. 062.00
r
LSSSJaTi
1.093.122
1.3^9,291
1.400,977
1.67.J.881
April.
»
1.143.752
1.191.593
*
^l.lSrt.510
May.
June.
t
l.lrt5,«55
1.104.257
1.284,308
1.541. o77
1.4<12.400| 1,691,614
1,638,8561 1,446.529 1.614,483
I.241.HO
1.889.41.^'
IJec.
Total.
•
f
1.379.722
' ,640.380
1,372.2*6
13,588,904
1 5,602,006
17,223.877
414,764
480.407
474.852
3.497.073
4.645.567
6,378.967
1,230.907
1,411,849
1.481.0&9
1.234,521
1.426,115
1,428,707
261,468
390,778
483,933
813,093
854.672
281.493
386 986
410.066
49. ,549
271,379
609.829
600.799
671,662
650.736
589,775
506,100
576.461
834.475
•667 203
676.561
631.199
617,970
685.630
022.361
608.6931
618,403
618,633
6a 1,863
6.390.921
7.087,076
7.866.700
229,910
276,0i0
374.449
•801.586
234,535
308.464
336.411
292.866
900.078
273,260
216.819
222.744
273,463
2.P49.887
2.800.522
3,971.106
908,658
1.958.978
1.323.477
1.385.801
1,403,102
1,688,(198
1,361,310
1.303,600
1,6*3,883
1,129.837
1.148,208
1,690,776
1.363.36J
11.950,860
13.204.205
13.495,b06
2.468.418 2.4P6.6SB
2,701.790 •-',794,061
2.999,180 2.900,279
•3,442,000 •8,328,000
9.786,347
2,947.949
3,143,041
2.624.906
2.881.821
2,372.103
3,577.561
2.667.908
2.993.130
89.342.874
81.840,928
398.608
527,041
•602.400
431.309
673,786
•647,500
*5j0.9o0
4.330.822
6.582.703
6.000.420
810,9161
983,819
41H.78K
865, *59
434.091
is-m.1.
Nov.
308.010
898.908
400,042
461,286
268,011
363..S90
488^88
503.1821
512,201
416.423
486.247
514,011
871.989
881,459
439.408
450,114
606.660
631. 87
735 676
689.609
605,177
570.999
662.464
069.K69
370,505
302,043
t
>
1.075.479
904.506
1,269.191 1,183,919
'.390,410 1,81*9,402
1,301.281 •1.33X2d6
Oet.
" %~
1,611.795
1,436,702
870,«00
451,0-3)
Sept.
1.018,536
1.876 990
1.330.020
1.376.SL6
3M.317
in.)
ai.)
Auk.
July.
357.01
435,428
493,67.
4^5.009
478,927
51f>.75<
485.452
5^3.940
834,3m.
044.345
608,38*1
599.0.SO
536.342
61*,02:
725.186
589,824
6i5^1l
490.728
571,233
613 581
007,465
148.512
172.781
197.562
280,77*
148.897
175.10h
HI. 169
269.630
192.887
285,935
241.95
282,499
153,779
186.947
8IS.044
267.989
186,647
238,710
824.135
269,001
175.173
247.625
258.019
300,348
180.682
240.160
297.101
193.881
299.800
346.886
607,717
(8.197 m.).
(2.1*7 m.).
1.084,492
820,510
1900.... (2,308 to 2,288 m.).
1.018.019
816,47V
822,834
929„S94
936.876
878,495
810,163
8K1.6A4
767.088
776,209
851,091
762,«05
872.013
944.9KI
1.100,584
1,141.616
1901a. _(2.8-2 to -.*-0 m.).
l,363,85<.ij
1.188,098
1,269.702
1.169.768
1,251.999
666,721
770,846
894.166
1,301,618
8,379,189
2.876,884
8.615,065
2.397,856
8.170.321
2.128.884
8,180.080
8,074.864
2.131.579
9.298,357
2,417,606
2.790,636
8.004,782
2,214.331
2.136.143
2.703.809
3,242,745
818,871
8W9 700
488,007
•148,300
855.960
466,4.0
308.004
416.300
468,238
•458,500
883.356
460 736
326.040
490.184
•483,200
•494.900
•t'9,80't
•482,700,
864,860
441.600
510.018
«5 10.018
•182,700
366.894
478.809
•476,400
•470,500
438.144
409,817
580.273
623.040
460,314
518.588
638,889
664,663
438,865
468.62 i
5 6,885
695.(35
536.039
676.339
01O.17S
423,386
441.640
6M6.066
532,803
640.631
496,080
000.653
022,974
585,993
634.815
018.067
660,181
598,178
687.739
680.236
•625.663
540.763
590.471
720,791
604,363
546.127
608,234
649.730
627.166
C36.495
5.934.206
6,137,086
7,390.466
3,755,736
4.099.816
3,779.206
8.750.246
4,853,301
4,440,334
8.917,804
4.323,316
4,660,377
4,966,050
3,620,813
4,377,715
4.014.751
4.963,073
8,480,748
4.185.40?
4.680.047
6,910,093
4.107.090
4,905,311
5 113,067
6,796,10.
4.234.063
4.«4 3,781
4.981,461
4.374,105
6.005.877
5,027,038
4,275.746
4,795,493
4,369,2*3
3.993,400
4.467.413
4,72v,432
58,102.O4(»
286,380
884.674
863,181
400.806
875.719
387, «3o
863.85H
316,734
403,334
425,277
603,070
349,887
432,986
468.055
643.528
385.802
503,427
626,6' 9
5/1,618
363.630
4I59.M9
878.611
366,337
454,365
288,022
351,134
430.337
4 CO, 165
836.805
411.910
4^0,840
8.KT7.699
4.878.982
4,830.160
866.371
1,062,184
945.227
1,144.389
1.368,047
1,437,51*
1,016,976
.822,370
1.8<7,877
1,406.107
1.071.157
1.204.946
1,414,829
1,000,955
1,174,758
1.291,365
1.082,931
1.137,778
1,365,929
11,404.478
12,8*8,088
16.166.u93
632,919
676.419
626,619
609.907
772.407
618,107
643.537
736.737
772.63
613.640
684.740
6.604.048
7.238.448
7.646,548
Mexican >nllonnl
U.S1U m.).
13*e«
UMfc.
.il,819 to 1.266 ai.).
.a.*0 to l..-i«t m0.
1900*
1901*
....(UiUmj.
loorap.
iV Hi. I.ouls(3S.im.).
(386 to 508 <n.).
1893
UW
IkOO
1801
totMSm.).
_C6*X-
Me. Kansas
1898
1899
,043m.).
...
He. Fac.
Jk
Texas
Jk
1808
1890_
(5.88«m.).
..(5.326 m.>.
1900
(5.326 ui.)
1901... .(6,32* to 5,071 ni.).
Ohio—
Mobil*. JL
1898
18M9*.
1900a
1901a
(687 m.).
Sash v.
(687 to 876 m.)
(876 m.)
(878 m.).
i..V mi. I,.—
(905 to835ni.).
(936 ai.)
a.1^-6 ai.>.
hm
(
1808
1899
1900c
1901c
(l,19&m.).
A
M. Y. C.
1,007,52.'-
2.315,6811 2,098,000
4.1»7.I07 1.MM0.4S6
2.483.178 2.261,361
2.890.67H 2,608,467
873,184
4O8.P00
642.9.1
•599,600
462.072
515.0-Ik
641.
8>
710,076
Kiv.-
tlud.
I8»8d... (8.896 to 2.58» m.i.
1399d... (2,585 to 2.828 in.).
1900<i_
(2.83* m.).
901d
(2.829 ai.).
*. V. Ont. 6c West'n-
8,407,806
3.789,8H1
4.250.31W
4.353,571
351.126
84i.000
477.470
3,379.717
3.377.882'
4.010,370'
3,830,509!
895.3M1.
4.340,59:
4,571,786
1898...
(Mm.).
287,78'*
1899
1900
1901
(461 m.).
saa.874
891.966
483,020
908,946
300,182
864.836
385.041
30S.489
408,016
8«6.080
915.747
961,666
876.368
778,480
977,770
1.201.365
1.340,474
1,060.016
l.i3o,UU8
506,536
568.136
667,236
684,43t
609,779
404,679
662.279
681.779
(481m.).
(4ol m.).
Norfolk
W'Mieru-
A-
1898. ..(1.5'Oto
•**W9 ._(1..VM to
1900.... 1 1.551 to
1901 ._( 1.564 to
1.681 oa.).
1.6»1 m.).
1,5 4 aa.).
1.675 m.).
Northern Central—
1888
1809
1900
1901
(380, m.).
(8-8/111.).
(880 m.).
(380 m.).
Northern Paelflc•8986. .(4,346
18996.. .i 4.820
lOOOo .(4.749
19016. ..(5. 131
to
to
to
to
4.593 m.)
1,440,049
1.572.266
4,744 m.)
6.065 m.).i 1.913.692
4.J59 iu.;. 2,266.660
Pennsylvania—
(All lines east of P. A B.)
18984... (2.757 to 8.785 ni.).
1899+ ... (2.785 to 2.8oS m.).i
190C4V 2,S03 to 2.977 m.)J
19011
2.977 m.).
.
1808. ,_(i.68? to 1.722 m.).
1889.. _(1. 7*2 to 1.766 ui.)
(1.70m.)
(1,760 m.)
1.517.336
1.518.920
1.865.719
2.066,716
;9l4 m.)
916 m.).
(9:5 to 1.0(0 m.)
(1,000 m.).
1899
1900
1901...
Coal
>•••••*•••••«>••••.«,
1900
1901
1898
lew**.
.»•. •»•»•••
l&Oo
1901
Pittsburg
Si.
(388 to 343 m.;.
_(343to852 m.).
...(362 m.).
Kto Grande West'n-
C.
.i55o to 58< m.).
(5-2 tottlOm.).
(bio to 040 m.).
(848 m.).
A
Fr. *
•*.
614,1 '5
2.5l8,0k)O
1,350,818
1.385.814
3.2M6.11X
2.687.792
1,918,194
2,1 05.692
2.497,310
2,839.378
046.2K
1.847.846
2.061.606
2.362.043
R60.736
630,886
698,615
060.016
673,031'
1,730.314
8.223.136
2.497.0; 6
2,949.043
1,916,699
2.150,183
2.012.508
3.105,176
2,180,575
2.804.779
3.158.267
2.889.925 2.966.195
3,529,010 •3.7*2,860
3.049.318
2,506.?i85
3.368,951
8,389,966
2.836,098
2.968,382
2,911,517
3.009,675
8.200,617
3,640,492
25.091.099
87.60O.7W7
30.785,450
5,733.061
6,586.461
7.401.901
8,388.161
5.790.189
6.644.43P
7.283,639
6.001,778
6,976,278
7,718,578
5,886.024
6.807,224
7,788.524
5.737,004
0.617.704
7,616.904
05.603,619
79,933.713
86,676,918
633,366
698,406
768,517
901,236
007,901
078,862
780.661
•805,712
631.164
692.714
769,459
580,160
643,428
712,771
683.767
037.783
710,750
7,:100,73W
1,909,510 1,990.001
2.214.774
2.567.647, 2,362,124
2,211,018
2,517,143
1,878.3s!
2.185.402
2,387,878
2,470,476
8,000,794
3.365.438
8.55-.421
33,095,156
24,749.677
87.187,810
2,553.947
3.568,«70
3,090,058
31.848.046
37,979.393
25,160,107
t-07,208
766,841
692.93'
578,057
634,845
683. 11H
695,316
623.988
820,202
071.041
798.031
618,917
596.278
648.315
759.013
487.822
588.970
687.91'
733.0/0
491,118
697,640
070,088
7/6,316
1.724.472
1.664.654
2,297.044
2,490,817
1.490.115
1.500,663
1.811.710
1,733.654
1,879,642.091.412
2.040,16(1
3,415.75:-
1,634.618
1.845,307
3.170.343
2,822.206
1,697,646
1,899.702
2.3*9.942
2,574,734
1.820,264
3.018.173
2.461.469
2,033,034
1,6«8,073
1,998.364
3. 139.746
2,839.681
2,594,260
1.944,401
2.272.851
2.2*5.162
2,826,354
1,444.432
3.042,618
I.0M6.29I
2,387,610
1.194.893
1.861.206
1.716,604
2,043,320
1,545.000
1.471,344
1.595,103
3,236.8 1*
3,310.752
1.316.343
2,300,068
3,"97.0"1
1.892,o0d
1,659,538
2,805.054
2.465,231
2,424,983
1.932,654
2,767.161
2,712,913
2.343.432
9,389,100
1,021,04'
3,476.572
2.830.319
2,630.148
3,345,039
1,809,851
1,449,670
1.817 801
2,140.616
8.668,873
4. 1*7,005
4.522.2U6
5,317,171
8,934.637
8.54J.28I
3,508.004
4,377,776
2.928.647
3.730,909
3.810.016
4,459,072
8.179,618
3,316,611
3.629,440
4.567,304
8,500,897
8.34H.272
4,1 47,0 13
6.4 1 6,35 J
8,415,367
4,353,464
4,7.2,211
8.044,315
4,893,433
4,236,749
4,13*.18«
3,589,078
5,083.243
3,983,255
5,001.915
6,075,042
4.566,440
5.906,603
8,899,32
4,663.034
6.174,097
6,000.021
4.600.741
4.934.398
6,648,477
43,948.209
52.739.370
52,387.917
188.393
226,701
298.702
299,004
ias.247
195.349
246,659
209.904
286,310
837.313
282,376
804.839
866,964
255,575
297.805
311.499
3.264.648
3.462.952
3,992,368
•3D7.784
909,901
296.766
317.779
•818,5611
285.340
304.388
814.-59
367,. 96
265,857
311.3*8
891,788
403.858
299,653
321.599
362.309
2-.1.-1
331,602
350,601
403,626
40),2i2
231.588
236.344
372.353
348,761
208,725
219,382
331.602
292,146
305.112
302.431
455.101
•449.400
371,807
335.326
390 973
272.983
373.918
421,9*8
301.580
877,558
330.892
438,153
603.819
238,098
3n 1.081
101,194
265.406
365.360
366.062
3.288,608
3.887.594
4,799.831
.-
711,208
770.478
977.895
860.679
669.6671
871,468
607.696
676.827
810.922
034.879
690.883
632.023
017.046
800,fcflo
79o,7u8j
481.658
387.1) I
449.897
.-
nouin we-u—
vV.
254,493
280.078
274,4 5b
284.485
2S7.691
808,616
842.9871
400,7321
378 923
888... 56
430,400
436,608
579.201
633,619
582.776
695.017
779.018
577,204
597,759
628. <61
677.320
850.603
2.-578.189
0,585.341
8.390,110
4,490.957
4.758.0o5
4.803.645
4,932,993
6.002 276
6,77,, 173
4,802,296
4,820.149
6,085.410
2.677,581
1,746,052
2.221.802
3,405,430
2.031,377
1,690.059
2,142.912
2.40 .000
2.&23.68J
1,971.178
2,224.394
2.510.851
8,890,4*4
518.388
697,750
663.808
884,128
437,949
564,69*
003.136
736,363
479.819
581,133
691.118
7l3,7a4
637.068
623.642
685.403
•813.10/
107.«<'9
150.869
104,190
292.197
250,329
150,671
108,421
311.361
260,7 13
170.598
226,442
203,630
1.081,100
986,672
571,298
571,343
581.891
9-8.100
114.926!
8-2.120
200,418
130.367
170
179,004
145,860
149,066
179.407
202,902
140,161
152,189
200,610
193,017
714.715
716.118
7H8.12V
m.).
m.).
m.).
m.).
1,073.5 16
1
601.206
627,995
497.585
700.961
561.915
754,680
857.803
667.897
713.433
1,081,692* 1,704 611 tl.053,101
494,98,1
5.07:1.18-
0,968,700
1.613,01)
1.894.524
2,:i6«,6.1i
033.:iM6
m.).
1901
Wabash
1898 ..(1,935 to 2,328 m.).
(2.32" m.).
1899
1900. ._ 2,326
1901
t i2,.-)6»»
941,762
1,138.118
415,333
455.B93
481,868
6il.0o2
631.813
521.183
551.418
4,259,813 4,595,074
4.916.H71 5.489.129
6.354.463! 5.680.018
4,773,476
5,818,887
5,780.170
5,007,459
1,993,232 2,204.714
2,490.131 2,074.595
2.672.686 3,8IO,9i2
8,053,976 •3,068,121
2,259.282
2.056,593
8,223,941
2.201.874
2,806.075
666,356
718,285
814.605
•905,118
913,606
642.554
1,118,808
954,708
910.045
154,700
190,310
81 .41
•827,793
108.95V-
369.206
428.143
107.8MS
607.855
in. j.
1.518,685
(2.3)1 ru.l.
M70,49«
864.956!
34. tZi
842.503
VViaconsiu Central
lfl9M
(95om.).
•
(960 m.).
IBM mj.
1900
901
410
'^47 It)
B
10
Vai
;,.).
.00. t > l,'>47
1, <>7 to l.mi
m.).
m
81
t.if
56 Oi.l.
i, '-01
480,893
44M.064
-
810.104
366.927
46..
<9'>'m.).
>li--.
i'» --i
F<l8.!Mn
61
•
-.1
i
1,251.051
1.364.Z01
1,107,307
23 .612
233,915
1
600,456
001.597
771.708
0.069.141
6,719,600
4,963,400
5.;25.436
6.H9
51.
I
180.2.M1
1.2.63 21-3
1.386,039
194,740
2.13,249
3,351,115
2.749,336
2,948,186
23.088.938
38.228.86R
82.i81.606
1.175,890
994.018
888,808
1,381,119
8.008.600
8.300.184
9.751,121
187.303
200,012
217,900
160.819
204.852
20/. 811
1.871.636
2,044.025
2,528.846
,332.392
1.430.458
1,630.236
13,764.105
16.640,870
16,696.149
6.636.308
5,344,lel
2,89(),804
1,462.96"
1. 40?,81li
1.&74.1M18
l.r.27.818
1.615.569
1,0 1,2-3
1,043.001
1,212.451
1,410,400
1,431,684
486,784
558.710
470,931
•4-0.222
476,345
559,450
189,683
860,776
404.118
430,393
897,141
893.937
412.2K2
309.VI6
448.8 \
433,670
319,064
6P5.64W
653.857
534.361
051.069
689.013
510.579
012 701
737.9JH
'
1,364,535
1.411,688
1,400,905
1,662,310
1,636,379
K87.07.r/
429.297.
411.5-:i
432, 10>)
878..148
434,8<J«
42 ',030
464.016
•440,970
500.700
445.777
419.601
486.80.1
505,40:1
62l,lrf7
•400.795
499.490
450 205
021,458
451,373
559,051
i9'i.9H
479.226
408.732
406.1 «
V 8.0.0
863,868
B19.199
34H.368
3.n 76#i
6 5
4
294 8-1
3 4,055
297.74?
817
816,711
4 ", V 5
842,189
85 1.956
850,0 2
1 >
OH
880.864
1
•
-.9
I
m
5,040,179
5.645.061
8.655.864
0243 060
1,079.21
1.273,185
1.360.1O5
326.9061
7>74.739
9.027.310
4,800.548 54.379,174
6.239.31? 00.818 002
6,167,086, 06,728,307
1.255.2 Vj
1.309..177
439,264
6,988.098
1
.011,19..
1,141,078
1.110.0)1
1.139.0301 1,196.420
1.810.886 1.292.869
9533131 1.157.541
1.011.499
1.209.155
108,867
460,9731
•4ii/,40i)
631.668
623,179
676.835
2,913,701
13
574,739
062,878
586.289
730,141
959,700
in.
m.)
06.3
4l3,o9l
1,313.373
2.174.473
2.856,310
3,003,583
2.130.03.:
298,253
315.450
335,440
403,8(9
420.28m
1,710,072
1,840.170
2.553.936
2,786.991
1,«74,976
2.036.n6o
31.)
0.18,002
804.667
508.779
586,78j
641 9il
8j6.030
5,019,283
850.598
435.308
4.870.108
4,686,925
5.984 8<-i
6,128,368
1.177.1 -n
393,419
6.0:12,77-
880,10)
424.160
4 27,601
4,060.689
8.934.407
4.«44.c86
5.374.886
4.049.602
4.390.922
m.).
i871m.).
(371m.).
1900
(
8H.859
Ohio Cent.—
(.571
l"*t»
354,973
3l5,74d
016.029
602.832
677.712
(371 m.j
dt
2o8.67f.
147,712
Rallwaf-
1898_.. (4,827 to 5.469
1899...(5.26tf to 0.410
1*0>_..(6.416 to 6.140
901. ..(8,484 to 1.737
Texas A. Pacillc
1898
(1,499
189*
a.499
1900 ...(1.492 to 1.670
I901.._(1.570 to i,-W6
l,45w,01-7
420.072
469.740
471.680
021,437
5,692.401
(7.HJ4 m.).
.
•Southern
_
530,816
584.5t.i8
052,102
444.864
48H.8V2
677.492
695.342
50S...54
1
607,303
463.828
518.710
596,332
683.396
478.494
_
492,365
656,065
661.966
c79,9do
515.510
546.610
624.710
1
7,804, Jdo
1898
(1.223 m.).
1899 ...(1,223 to 1,258 m.i
1900
(1,268m.).
Mol... (1,263 to l.*9i m.;.
Southern Paciilc* o 1888a
(7.095 m.)
1899M. .(7.110 to 7.417 m.).
,90ua .(7,41- to 7. W84 at.).
•it. I. aula
1899
1900
•wil
1,337,607
481.002
407,602
06I.7 a
092.202
1,391,611)
1.24 4.996
66,410.684
6,686,0;2
5,182.295
0."«l,695
6,790.095
7,d81,i95
664.898
522.085
607.705
768,260
Yazoo
834,778
1.010,084
1.310,888
1,212,090
1.178.137
40.160.398
5,246.435
5.766, 735
7,192.835
524,813
6 (4,670
651.141
856,706
Toledo
H98
1*9
918,989
1,118,383
1.881,691
1,343,976
1.000. 107
5f>9.603
5.399.707
6,018,867
7,186 567
7,7/0,007
to 1.282 m.).
to 1.4 '2m.j.
to 1.6^7 m.)
to 3.179 m.).
1898. .-(1,874
1889... .i 1.3*6
1900 ._< 1.402
1901. ...(1,897
190U
493.622
1,128.011
1,249.497
950.820
1.022,4)2
410.170
'28,028.798
6.358.172
5.601,372
6,9 19. 37 i
7.537.972
West'n—
;Mm.).
1898
1899
1900
1901
«4t.
584,681
3 689.258
5.488,332
5,820,982
7.014.932
7,015,132
Total both Co.'a-
1898
1899
1900
1901
•602,800
2,100.444
2.255.198
1..-83.626
Iron Co.—
cV
1898
JOWi
446.2.+J
471040
1,365,014
1.078.' 88
4.568.834
6.163,334
6,636.634
4.629.5:14
Phlla. oV tteading1898...
851.2W
5.089,071
5.318.171
6,424.271
7.466,171
Pere .Marquette1900
1901
682 848
032,388
-
—
Iron Mt
664.371
l->2
•'62,6
.121,163
1
519,3,0
<
•4V.A5
1,313,135
1
4.9:'8 504
4.821.3(7
5.139718
5.500.168
" I'ne.in Unuioi c >v«r him main gyst.em
Iuo.uiIim M-ihik m-:ry Lr.TUiotl alter Jan. 1, 1889.
t And <& miles of canal.
Auur.xnini.mlKji-m.
only, ths carnintt-i of the proprlntarT linen are noi Inolu-lwl. ai thur are not ootauiable for the yuan previous to 189:); results on St. Paul A Onluth are added
-/ (n-lndei after July I. 1096. the Bneoh CreeK KK.;
Af er Jan. 1. I9oo. 0i^nre« lacln le result^ on Padnoah v M"in^liia Divmo-.
In ait«r Julr 1, l.K)
Kii<ures are i/.ven In Mexican currency
t After July 1, '901.
after viay 1. 18 *a the Kail Urooi iy.4'«.n and urter July 1.1901, the Kosi on A Alb my It it
H Kamlm** h«-e (riven do not
Han Kran. pr.mer.
earn n i^i of I he K. O. «/u m: L x Alem. a id Ki. VV \ Iti -,r. ar- Inoln led, in a Id o ion to the Hi. I. >n 11
tne
inclulen reiuin ou iher. 6urev. u, Souttiero, .tiiflsouri Midlaud auu 8 in Antonio extension since May 15, 19JI.
KiCluda BoOston Jt 1 »X4j Cauirai uuw.
1
r.
'.
1
.'
1
1/
jfc
.
October,
1901.
175
INDEX.
i
INDEX TO COMPANIES— CONSOLIDATED,
Companies not given
in the
Supplement
tables in their alphabetical order
WILL BE FOUND UNDER—
NAME.
Alaba.ua Central
Alabama Midland
Albemarle A Raleigh
Southern Railway Co.
Savannah Florida A Western.
Atlautlc Coasn Line RR.
Compressed Air Co.
American Telephone & Telegraph.
National Biscuit
United States Steel Corporation.
American Air Power
American Hell Telephone
American Biscuit .t Mfg
Amerioan Bridge
Amerioan Dock & improvement Co.. Central of New Jersey.
United Stales Steel Corporation.
American Sheet Steel
American Spirits Manufacturing... Distilling Co. of America.
United states Steel Corporation.
American Steel Hoop
United States Steel Corporation.
American Kteel it Wire
United States Steel Corporation.
American Tin Plate
Pittsburg Youugstown & Ashtabula
Ashtabula & Pittsburg
Chioago Burlington & Quincy.
Atchison A Nebraska
Canadian Pacific
Atlantic A Northwest
Houston & Texas Central.
Austin & Northwestern
Maryland & Pennsylvania.
Lake Shore & Michigan Southern.
Baltimore* Lehigh
Battle Creek A Sturgis
Bay City A Battle Creek
Bell's
Michigan Central.
Pennsylvania & Northwestern.
Rutland RR.
Kansas City Meinp. & Birmingham.
Gap
Bennington A Rutland
Birmingham Equipment
Boston Clin. Fitch. A New Bed
Boston A N. Y. Air Line
Boston Rubber Shoe
Roston Winthrop A Shore
B oyer Valley
Brooklyn A Montauk
Brush Eleetrio Illuminating..
Brunswick & Chlllicothe
Brunswick A Western
Buffalo A Southwestern
Burlington A Missouri River
Cairo Vinoennes
A Texas.
New Haven A Hartford.
Missouri Kansas
Boonvllle Bridge
&
Old Colony.
N. Y.
United States Rubber (Miscel. Co's)
Boston Revere Beach A Lynn.
Chicago & North Western.
Long
Island.
Gas of
Consol.
New
Wabash.
Savannah Florida
Erie RR.
York.
& Western.
Chicago Burlington
& Quincy.
& St. Louis.
Cleveland Cin. Chicago
Central Pacific.
Chicago
California & Oregon
California Paoiflo
Southern Paciflo RR.
People's Gas Light & Coke.
West Jersey A Sea Shore.
Canadian Pacific.
Calumet Gas
Camden A
Atlantio
Canada Central
Carnegie Co
Carolina Central
United States Steel Corporation.
Seaboard Air Line
Dubuque & Sioux City.
Cedar Falls & Minnesota
Cedar Rapids Iowa Falls & N. W. .Burlington Cedar Rapids & North'n.
Chicago A North Western.
Cedar Rapids A Missouri River
Central Branch.
Central Branch Union Paciflo
.
Illinois Southern.
Centralia A Chester
Boston A Maine.
Central Massachusetts
Pittsburg Shawmut
Northern.
Central New York & Western
Central of Ga. Ry.
Central of Ga. RR. A Banking
Baltimore A Ohio.
Central Ohio
Houston A Texas Central.
Central Texas A Northwestern
New Amsterdam Gas.
Central Union Gas
Savannah Florida A Western.
Charleston A Savaunah.
Augusta. ...Southern Railway.
Charlotte Columbia
&
&
Southern Railway.
A Rapidan
southern Railway.
Chattanooga Rome A Southern
Chicago A Erie.
Chioago A Atlantio
Chicago Burlington A Quincy.
Chioago Burlington A Northern
O&ioaero Clinton Dubuque A Minn.. Chicago Milwaukee A St. Paul.
Peoples Gas L. A Coke.
Chioago Gas
Peoples' Gas L. A C. (Miscel. Co's.)
Chioago Gas Light A Coke
Grand Trunk Western.
Chioago A Grand Trunk
Charlottesville
Chioago A Great Western
Chicago Terminal Transfer RR.
Chioago Hammond. A Western
Chicago Junction.
Chioago A Indiana Coal
Chicago A Eastern Illinois.
Chioago Milwaukee A N.
Chicago A Northwestern.
Chioago A North Michigan.
Pere Marquette.
Chicago & Northern Paciflo
Chicago Terminal Transfer.
Chioago A Ohio River
Indiana Decatur & Western.
Chioago A Pacitio
Chicago Milwaukee A St. Paul.
(Shloago Santa Fe A California
See Atchison System, Apr.,'96,Sur.
Chioago A 8t. Louis
Atchison Topeka A Santa Fe.
Chioago St. Louis A New Orleans... Illinois Central.
Chioago St. Louis A Pittsburg
Pittsb'rg Cincinnati Chicago A St. L.
Chioago St. Paul A Minneapolis
Chicago St. Paul Minn. A Omaha.
Chioago A Tomah
Chicago A North Western.
Chicago A West Michigan.
Pere Marquette.
Chioago Wisconsin A Minnesota
Wisconsin Central.
W
Choctaw Oklahoma A Gulf.
Cincinnati Portsmouth A Virgiuia.
Choctaw A Memphis
Cincinnati Connecting Belt
Cincinnati Ind. St. Louis A Chioago. Cleveland Cin. Chic. A St. Louis.
Cincinnati Sandusky A Cleveland.. Cleveland Cin. Chic. A St. Louis.
Cincinnati Southern
Cincinnati New Orleans A Tex. Pao.
Cincinnati Wabash A Michigan
Cleveland Cin. Chic. A St. Louis.
Clearfield Bituminous Coal
Beech Creek.
Cleveland Canton A Southern
Cleveland Columbus Cin. A Ind
Coal A Iron Ry
Wheeling
A Lake
Erie.
Cleveland Cin. Chic. A St. Louis.
West Va. Central A Pittsburg.
Columbia A Greenville
Southern Railway.
Columbian El. Car Light. A Brake..Consol. Ry. El. Lighting A Equip.
Colorado Bridge
International A Great Northern.
Columbus Connecting A Terminal. .Norfolk A Western.
Columbus A Hocking Valley
Hocking Valley.
Columbus A Indianapolis Central... Pi ttsb. Cincinnati Chic. A 8t Louis.
Columbus A Toledo
Hocking Valley.
Uncord
Concord A Montreal.
Confluence A Oakland
Baltimore & Ohio.
Consolidated Ice
American Ice.
Oonsol.Kan. City Smelt'g A Refln'g. Amerioan Smelting & Refining.
Consumers' Gas
Peoples' Gas L. AC. (Miscel. Co's.)
Current River
Kansas City Fort 8cott A Memphis
Dakota Central
Dakota A Great Southern
A Waco
Danbury A Norwalk
Danville A Grape Creek
Dallas
De Bardeleoen Coal A
iron
Chicago A North Western.
Chicago Milwaukee A St. PaUL
Missouri Kansas A Texas.
New York New Haven A Hartford
niicago A East Illinois.
Tennessee Coal A Iron (Miscel.)
Lehigh Valley.
Delano Land
Denver Consolidated Gas
Denver Gas A Electric.
Denver A Rio Grande Western
Rio Grande Western.
Des Moines A Minnesota
Chicago A North Western.
Des Moines Northern A Western... .( hica^o Milwaukee A St. Paul.
Detroit A Bay City
Michigan Central.
Detroit Bay City A Alpena
Detroit & Mackinac.
Detroit Grand Rapids A Western... Pere Marquette.
Detroit A Lima Northern
Detroit Southern.
Detroit Mackinac A Marquette
See Miscellaneous Companies.
Detroit Monroe A Toledo
Lake Shore A Michigan Southern.
Duluth Short Line
Northern Pacific.
Durham A Northern
Seaboard Air Line.
Dutchess County
Central New England Railway.
may
&c.
be found by reference to the Index below.
WILL BK FOUND UNDER—
NAME.
A Red River
East River Gas
Last Tenn. Va. A Ga
Missouri Kansas
Bast Line
New Amsterdam
A
Texas.
Gas.
Southern Railway.
Eastern of Mass. (also East. of N. H.)Boston A Maine.
Great Northern.
Eastern of Minnesota
Easton A Atuboy— Easton A North. Lehigh Valley.
Kings Co. Elec. Light A Power.
Edison Elec. III. of Brooklyn
N Y. Gas & Elec. Lt. Heat A Pow.
Edison Eleo 111. of N. Y
Consol. Ry. Elec. Light'g A Equip.
Eleetrio Axle Light A Power
Ellzabethtown Lexing. A Big Sandy. Chesapeake A Ohio.
Tioga RR.
Elmira State Line
New Mexico Railway & Coal.
El Paso A Northeastern RR
Peoples' Gas L. A C. (Misoel. Co's.)
Equitable Gas Light A Fuel
New Amsterdam Gas.
Equitable Gas Light Co. (N. Y.)
Lake Shore A Michigan Southern.
Erie A Kalamazoo
Erie & Western Transportation Co Pennsylvania RR
j...St. Louis A North Arkansas.
Eureka Springs
Maine CentraL
European A North American
Evansville Henderson A Nashville.. Louisville A Nashville.
Evansville Terre Haute A Chicago. Chicago A Eastern Illinois.
—
Fargo A Southern
Eederal Steel
Flint A Pere Marquete
Florence A Cripple Creek
Florida Central A Peninsular
Florida Southern
Fort Dodge A Omaha
F"rt Scott Equipment
Fort Smith A Van Buren Bridge
Fort Worth A New Orleans
Fremont Elkhorn A Missouri Val..
A Memphis.
A San Frai oisco.
Houston A Texas Central.
.Chicago A North Western.
Georgia A Alabama
Georgia Carolina A Northern
Georgia Midland A Gull
Georgia Paciflo
Grand River Valley
Green Bay Winona A St. Paul
Seaboard Air Line Ry.
Seaboard Air Line Ry.
Georgia Midland Ry.
Southern Railway.
Michigan Central.
Green Bay & Western.
Hancock A Calumet.
Mineral Range.
Chicago Burlington A Quiroy.
New York New Haven <s Hartford.
Chicago Milwaukee A St. Paul.
A St. Joseph
Harlem River A Portchester
Hastings A Dakota
Hannibal
Chicago Milwaukee
A St.
Paul.
Unite<i States ^teel Corporation.
Pere Marquette.
Denver A Southwestern.
Seaboard Air Line Ry.
Savannah Florida A WesternIllinois Ceutral.
Kansas City Ft. Scott
St.
Louis
Hereford
Maine Central.
Hoboken Ferry
N. Y.
AHobok. Ferry
(Miscel. Co's)
New York New Haven A Hartford.
Ohio River.
A Big Sandy
Atchison Topeka A Santa Fe.
A Southern
Hyde Park Gas
People's Gas L. A C. (Miscel. Co's.)
Indiana Bloomingtou A Western.. .Peoria A Eastern.
Indiana A Lake Michigan
St. Joseph South Bend A Southern.
Indianapolis Cin. A Lafayette
Cleveland Cin. Chic. A 8t. Louis.
Indianapolis A Louisville
Chicago Indianap. & Louisville.
Indianapolis A St. Louis
Cleveland Cin. Chic. A St. Louie.
Iowa A Dakota
Chicago Milwaukee A St. PauL
Iowa Falls A Sioux City
Dubuque A Sioux City.
Towa A Minnesota
Chicago Milwaukee A St. Paul.
Iowa Minnesota A North western.. Chicago A North Western.
Michigan Central.
Jackson Lansing A Saginaw
Jacksonv. St. Aug. A Indian Riv ..Florida East Coast.
Jacks. Louisv.A8t.Louis(Jack.8 E.) Jacksonville A 8t. Louis.
Jacksonville Tampa A Key West... Savannah Florida & Western.
Jefferson Clearfield Coal A Iron
Buffalo Rochester A Pittsburg.
Jefferson Madison A Indianapolis.. Pittsburg Cincinnati Chic. A St. L.
Johnson Co. of Pennsylvania
United States Steel Corporation.
Joliet A Chicago
Chicago A Alton.
Junction A Breakwater
Delaware Maryland A Virginia.
Kalamazoo Allegan A Gr. Rapids.. Lake Shore A Michigan Southern.
Kalamazoo A White Pigeon
Lake Shore A Michigan Southern.
Kansas City Eldorado A Southern Missouri Kansas A Texas.
Kansas City Fort Scott A Gulf
Kansas City Fort Soott A Memphis.
Kansas City A Memphis Ry. Bridge. Kansas City Fort Soott A Memphis.
Kansas ^ity Osceola Aj8outhern...St. Louis A San Francisco.
Kansas City & Paciflo
Missouri Kansas A Texas.
Kansas City Pitts. A Gulf
Kansas City A Southern.
Kansas City St. J. A Co. Bluffs
Chioago Burlington & Quinoy.
Kansas City St. Louis A Chicago
Chicago A Alton.
Kansas City Suburban Belt
Kansas City Pittsburg A Gulf.
Housatonic
Huntington
Hutchinson
Kansas City Wyandotte
Kansas Midland
Kansas A Missouri
Kansas Pacific
& N'th'w'n.Kansas City Northwestern.
St Louis & San Francisco.
Keithsburg Bridge
Kansas City Fort Scott A Memphis.
Union Pacific.
Iowa Central.
Kentucky Central
Louisville A Nashville.
Kentucky Distilleries A Warehouse. Distilling Co. of America.
Knox A Lincoln
Maine CentraL
Lake Superior Consol. Iron Mines. United States 8teel Corporation.
Lamson Consol. Store Service
American Pneumatic Service.
Lawrence
Pittsburg Youngstown A Ashtabula.
Leamington & St. Clair
Canada Southern.
Lehigh A New York
Lehigh A Susquehanna
Leroy A Caney Valley
Lexington A Frankfort
Lincoln A Northwestern
Lehigh Valley.
Lehigh Coal A Navigation (MisoeL)
Lincoln Park
Buffalo Rochester
A
Charlotte
Missouri Pacific.
Louisville ANashv'le (L. C.
Chicago Burlington
A
A
A Lex.)
Quinoy.
Pittsburg.
A Gulf.
Rock Bridge
Choctaw Oklahoma
Rock Jet.— Little R. AFt.Smith Missouri Pacific.
Little Rock A Memphis
Choctaw & Memphis.
Long Dock Company
Erie RR.
Long Island City A Flushing
Long Island.
Little
Little
Louisiana
r
A Missouri
ouisville Cincinnati
River
Chicago A Alton.
A Lexington.. Louisville A Nashville.
&
&
.'.
Louisville A Frankfort
Nashv.— L. C.
Louisville
Lex.
Louisville New Albany A Chicago.. Chicago Indianapolis
Louisville*
Louisville New Orleans A Texas
Hlinois Central (Yazoo & M. V.»
Louisville St. Louis A Texas
Louisville Henderson A St. Louis.
Louisville Southern
Southern Railway.
&
iTIahoning Coal
Lake Shore A Michigan So. System.
ManitobaSouthwest'nColonization. Canadian Pacitio.
Chicago A North Western.
Maricopa A Phoenix
MaricopaA Phoenix A "ait Riv. Val.
Marietta A North Georgia
Atlanta Knoxville A Northern.
Marquette Houghton A Ontonagon. Duluth South Shore A Atlantic.
Connecticut A Passumpsic.
Massawippi
Maysville A Lexington
Kentucky Central,— Louis. A Nash.
Pittsb.McKeesport AYoughiogheny.
McKeesport A Belle Vernon
Southern Railway.
Memphis A Charleston
Maukato A New Ulm
Memphis Clarksville A Louisville.. Louisville A Nashville.
Kansas City Memphis A Birming'm.
Memphis Equipment
Kansas City Fort Scott A Memphis
Memphis Kansas A Colorado
St. Louis Merch'ts' Bridge Ter. K bt
Merchants' Bridge
INDEX.
176
WILL BE FOUND UNDER Chicago A North Western.
NAME.
MlWlWII
River
ated
tan Ferry
Metropo
Manhattan Elevated.
Long Island.
Equipment
sew Jersey
Pere Marquette.
u
New York Susquehanna A Western
and Terminal
Denver A Southwestern.
uikee A Lake Winnebago ...Wlaoonaln Central.
Milwaukee Lake Shore A Western. .Chicago A North Western.
Milwaukee a. Madison
Chloago A North Western.
Milwaukee A Northern
Chloago Milwaukee* St. Paul.
Chicago Milwaukee A St. Paul.
uikee A St. l'aul
Minneapolis & 8t. Louis.
A Duluth
Mil.'.
Minneapolis & Pacific
Mluneap. St. P. & Sault Ste. Marie
Minueai'
Atl'tio.Minueap. St. P. A Sault Ste. Marie.
L'nlon, Minn. Western. Great Northern.
itral
Chloago Milwaukee A St. Paul.
irie
3
Mm:
A
Iowa
Northwestern
MiunrMinnesota A South Dakota
Minnesota Valley
Chicago & Northwestern
Chicago Great Western.
Chloago A North Western.
Chicago & North Western.
sqnol Valley
Mississippi River Bridge
Central Vermont
Chicago & Alton.
Missouri Kansas & Texas.
st. Louis A 8au Francisco
Mobile & Ohio.
Baltimore & Ohio.
Chicago Indianapolis A Louisville.
Great Northern.
Long Island
,
.
Missouri Kansas & Eastern
Missouri A Western
Mobile
A Bay Shore
Mononeahela River
"Mouon Route"
RR
Montana Central
Montauk Extension RR.
Lehigh Valley.
Morris Canal
Consolidated Gas of New York.
Mount Morris Electrie Light
Mt. Vernon Woodberry Cot. Duck. .United States Cotton Duck.
People's Gas Light & Coke.
Mutual Fuel Gas
Nantasket Beach RR
Nashua & Lowell
Nashua & Rochester
Nashville Florence A Sheffield
National Cordage
National Electrie
National Linseed Oil
National Steel
National Tube
Nebraska
New Amsterdam. Gas
irk Somerset* Straitsville
New Brunswick
Newbury A New York
New Haven A Derby
New Haven steamboat
New Jersey Midland
New Jersey Southern
New Orleans Mobile A Texas
New Orleans Paciflo
New York New Haven & Hartford
Boston A Lowell.
Worcester Nashua A Rochester.
Louisville A Nashville,
Standard Rope & Twine.
Philadelphia Electric.
American Linseed.
UDited States Steel Corporation.
United States Steel Corporation.
Chicago Burlington & Quincy.
Consolidated Gas of New York.
Baltimore & Ohio.
Canadian
Pacific.
Erie RR.
New York New Haven & Hartford.
New York New Haven A Hartford.
New York Susquehanna & Western.
Central of New Jersey.
Louis. A Nash. (N.O. A Mobile Div.)
Texas A Pacific.
Connecticut A Passumpsic.
Newport A Richford
Long Island.
York Bay Extension
National Biscuit.
New York Biscuit
Brooklyn Ferry (Miscell. Co's.).
New York A Brooklyn Ferry
Manhattan Elevated.
New York Elevated
Erie RR.
New York A Erie
N. Y. Gas Elec Lt Heat A Power.. Consolidated Gas of New York.
Erie RR.
New York Lake Erie A Western
N. Y. Brooklyn A Manhat. Beach.
New York A Manhattan Beacn
Consolidated Gas of New York.
New York Mutual Gas
New England RR.
New York A New England
New York A Putnam.
New York A Northern
York Pennsylvania A Ohio
Erie RR.
New
New York New Haven A Hartford.
New York Providence A Boston
New York Ontario A Western.
New York A Oswego Midland
N. Y & Queens Elec. Lt. & Power.
N. Y. A Queens Gas A Electric
Long Island.
New York A Rockaway
New York Susquehanna & West.
New York & Wilkesbarre Coal
Chlcaeo Burlington A Quincy.
Atlantlo Coast Line BR.
Norfolk A Carolina
Norfolk Terminal A Transportat'n. Chesapeake A Ohio.
Northeastern RR of So. Carolina.. Atllantic Coast Line RR.
Southern Ry.
Northern Alabama
Chicago <& North Western.
Northern Illinois
Wabash.
North Missouri
Canadian Pacific.
North Shore
Chic. St. Paul Minn. A Omaha.
North Wisconsin
Southern Pacific RR.
Northern California
United Fruit (Miscel. Companies.)
Northern Ry. of Costa Rica.
Grand Trunk Western.
Northwestern Grand Trunk
Chicago A North Western.
Northwestern Union
Nodaway Valley
Ocean Steamship
Ogden Gas
Ogdensburg & Lake Champlain
Ohio
Ohio
Ohio
Ohio
Ohio
Central
Indiana A Western
River A Charleston
Southern
A West Virginia
Omaha A Grant Smelting
Ontario A Quebec
Central of Georgia Ry.
People's Gas Light A Coke.
Rutland RR.
Toledo A Ohio Central.
Peoria A Eastern.
So. Carolina A Georgia Extension.
Detroit Southern.
Hocking Valley.
American Smelting A Refining.
Canadian Pacific.
Corvallis & Eastern.
Oregon Central A Eastern
Pacific Coast Co. (Miscel Comp'es )
Oregon Improvement
Oregon Short Line A Utah Northern.Oregon 8hort Line.
Rome \V atertown A Ogdensburg.
Oswego A Rome
Chicago A North Western.
Ottum wa Cedar Falls A St. Paul
Kansas City Ft. Scott A Memphis.
Ozark Equipment
New York New Haven A Hartford
Pennsylvania Mfg. Light A Power. Philadelphia Electric.
Lehigh Valley.
Pennsylvania A N. Y. Canal
Maine Central.
Penobscot Shore Line
Louisville A Nashville.
Pensacola A Atlantic
Chicago A North Western.
Peoria A Northwestern
Atlantic Coast Line RR.
Petersburg
mt'n A Chestnut Hill Connecting Ry.
Phil
Reading Company.
Philadelphia & Reading
Central New England Railway.
Phil.
A New England
hi iiells ville
Baltimore A Ohio.
Baltimore & Ohio.
Pittsburg Shenango A Lake Erie. ..Pittsburg Bessemer A Lake Erie.
Boston A Albany.
Adams
Plttfltlel'!
Kansas City Clinton A Springfield.
Pawtuxet Valley
i
'«al
Plymouth A Mlddleboro
Portland A Ogdensburg
Portland A L
Portland Waco A Portsmouth
Portsmouth Great Falls A Conway
Postal Teleirraph Cable
Pratt A Whitney...
Prescott A Eastern
Princeton A Northwestern
Rio Grande, Western.
Old Colony RR.
Maine
Boston * Maine.
Boston & Mai to-.
Boston A Maine
Commercial Ctble.
Niles Bement 1 ond Co.
Santa Fe Prescott A Phoenix.
Chicago A North Western.
'
i
[Vol. LXXIII.
NAME
WILL BE FOUND UNDER—
Raleigh A Augusta— Ral.AGaston Seaboard Air Line.
Ravenswood Bnencer & Glenvllle..Ohio River.
Republican Valley
Chicago Burlington A Qulnoy
Richmond A Danville
Southern Railway.
Richmond A Petersburg
Richmond York River A Ches
Roanoke A Tar River
Rochester A Pittsburg
Rochester A Pittsburg Coal
Rut laud-Canadian
A
Atlantic Coast Line RR.
Southern Railwav.
Seaboard Air Line
Buffalo Rochester A Plttsbursr
Iron Buffalo Rochester A Pittsburg.
Rutland.
St. Charles Bridge
Wabash.
St. Lawrence
Ottawa
Canadian Pacific.
St. Louis Alton
Terre Haute
Illinois Central System.
8t. Louis Arkansas
Texas
St. Louis Southwestern.
St. Louis Bridge
Tunnel
Terminal Association of St. Louis.
St. L. Cape Girardeau
Ft. 8mith.. Southern Missouri
Amansas.
St. Louis Chicago
St. Paul
Chicago Peoria
St. Louis.
A
A
A
A
A
A
8t Louis Council Bluffs A Omaha. .Wabash.
St. Louis Iron Mount'n A Southern.. Missouri
&
A
.
A
A
Pacific System.
A
8t. Louis Jacksonville
Chicago
Chicago
Alton.
St. Louis Kansas City
Northern... Wabash.
St. Louis Kansas
Southwestern Kansas Southwestern.
St. Louis Oklahoma
St Louis
Southern
San Franclsoo.
St. Louis Southern
Illinois Central System.
St. Louis Wichita
Western
St. Louis
San Francisoo.
•'St. Paul"
Chicago Milwaukee
St. Paul.
St. Paul
Duluth
Northern Pacific
St. Paul Minneapolis
Manitoba... Great Northern.
St. Paul
Pacific
Great Northern
St. Paul
Sioux City bonds
Chic. St. Paul Minn.
Omaha.
St. Paul Stillwater
T.
Chic. St. Paul Minn.
Omaha.
A
A
A
A
A
&
A
A
A
A
A
A
A
F
Sandusky Mansfield A Newark
Baltimore A Ohio.
San Francisco A San Joaquin Val .Atchison Topeka A Santa Fe.
Sault 8t. Marie A Southwestern
Chic. St. Paul Minneap. <s Omaha.
Baltimore A Ohio.
Norfolk A Western.
Seaboard A Roanoke
Seaboard Air Line.
Sea Coast
Atlantic City.
Seattle A Northern
Paciflo Coast (Miscel Companies.)
Sherman Denison A Dallas
Missouri Kansas A Texas.
Sherman Shreveport A Southern... Missouri Kansas A Texas.
Shore Line
N. Y. New Haven A Hartford.
Short Creek A Joplin
Kansas City Fort Scott A Memphis.
Silver Springs Ocala A Gulf
Savannah Florida A Western.
Sioux City & Nor. and S. City A W. Great Northern.
Sioux City A Paciflo
Chicago A North Western.
Smithtown A Port Jefferson
Long Island.
SodusBay A Southern
Elmira A Lake Ontario.
South Carolina
South Carolina A Georgia,
Southeastern A St. Louis
Louisville A Nashville.
Southern Iowa
Chicago A North Western.
Southern Minnesota
Chicago Milwaukee A St. Paul.
Southern Pacific Branch
Bouthern Paciflo of California.
Southwestern Ark. A Indian Ter... Arkansas Southwestern.
spirits Distributing
Distilling Co. of America.
Spokane Falls A Northern
Great Northern.
standard Distilling A Distributing. Distilling Co. of America.
Standard Gas
Consolidated Gas
Steuben ville A Indiana
Pittsburg Cin. Chic. A St. Louis.
Schuylkill River East Side
Scioto Valley A New England
Northern Paciflo.
A St Paul
A Copperopolis
Southern Paciflo of California.
8turgis Goshen A St. Louis
Lake 8hore A Michigan Southern.
Sugar Trust
American Sugar Refining.
8unbury A Erie
Philadelphia A Erie.
Sunbnry Hazleton A Wilkesbarre. .Schuylkill A Juniata.
Sunbury A Lewistown
Schuylkill A Juniata.
Superior Short Line
Chicago St. Paul Minn. A Omaha.
Stillwater
Stockton
Taylor's Falls
Tarkio Valley
Tebo
A
Lake Superior
A Neosho
A Southeastern
Terre Haute
Northern Pacific
Chicago Burlington A Quinoy.
Missouri Kansas A Texas.
Evansville
A Indianapolis.
Texas Mexican
Toledo Ann Arbor
Toledo Belt
Mexican National.
A No. Michigan. Ann Arbor Railway.
Wheeling A Lake Erie.
Toledo St. Louis A Kansas City
Toledo St. Louis A Western.
Toronto Grey A Bruce
Canadian Pacific.
Troy A Boston
Fitchburg.
Tunnel Railroad of St. Louis
Terminal Ass'n of St. Louis.
fJnion
Northern Central.
Union Pacific Denver A Gulf
Colorado & Southern.
Union A Logansport
Pittsburg Cincln. Chloago A St. L.
Union Tobacco
American Tobacco.
United Elec. Lt. A Power of N. Y.. Consolidated Gas.
United States Cordage
Standard Rope A T wine(Mi8C.Co'B.).
United States Flour Milling
Standard Milling.
United States Sugar Refinery
National Starch.
U pper Coos
Maine Central.
Utah Central
Rio Grande Western.
Utah Fuel.
Rio Grande Western.
Utah Nev. A Cal
Oregon Short Line.
Utah A Northern
Oregon Short Line.
Utah A Pacific
Oregon Short Line.
Utica A Black River
Rome Watertown A Ogdensburg.
Valley Ry. of Ohio
Cleveland Terminal A Valley.
Venice A Carondelet
Southern Rail -vay
Verdigris Val. Independ'ce A West.. Missouri Paciflo.
Vicksburg A Meridian
Alabama A Vlcksburg.
Virginia]* Southwestern Ry
Virginia Iron Coal A Coke.
Waco A Northwestern
Houston A Texas Central Railway.
WesfghouseEl.AMan^Miso.Co's.).
Boston A Albany.
Lehigh A Hudson River.
Southern Ry.
Canadian Pacific.
Western A Atlantic
Nashville Chattanooga A St. Louis.
Western Equipment
Pere Marquette.
Western Minnesota
Northern Pacific
Western North Carolina
Southern Railway.
West Jersey
West Jersey A Seashore.
Chic. St. Paul Minneap.A Omaha.
West Wisconsin
Wilkesbarre A Eastern
N. Y. Susquehanna A Western.
Willmar A Sioux Falls
Great Northern.
Wilmington Columbia A Augusta... Atlantic Coast Line RR.
W'l n A Weldon-Wllm. ANewbern. Atlantic Coast Line RR.
Winona A St. Peter
Chicago A North Western.
sin v Ml nnesota
Wisconsin Central Company.
Wisconsin Minnesota A Pacific
Minneapolis A St. Louis.
Wisconsin Valley
Chicago Milwaukee A St Paul.
International Steam Pump Co.
Worthington, Henry R. Co
Maryland A Pennsylvania.
York A Peach Bottom
Walker Co
Ware River
Warwick Valley
Washington Ohio A Western
Wellington Grey A Bruce
ii
fcanesvllle
A
Ohio River
Zanesvill* Terminal
A Little Kanawha.
Columbup Sandusky A Hooking.
Ohio
@FedFRASER