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OP THE

COMMERCIAL AND FINANCIAL CHRONICLE.
PUBLISHED

ON

THE

LAST

SATURDAY

OF

EACH

MONTH.

Furnished Gratis to all Subscribers of the Chronicle.
[Entered according to act of Congress, in the year 1878.by Wm. B. Dana & Co., in the office of the Librarian of
Congress, Washington, D. C.l

NEW

INVESTORS’

YORK,

OCTOBER 26, 1878.

SUPPLEMENT

Five, Per Cent Funded Ijoan

Number
do

OF THE

Cmnmtrrifll rmfr financial

Cjiranidt.

holding $ 0,000 ard
do

over
less than $10,003
To al amount held.

Number holding $10,000 and over
do

Supplement is issued on the last Saturday of each month, containing
complete exhibit of the Funded Debt of States and Cities, and of the Stocks
and Bonds of Railroad and other Companies.
It is furnished without extra charge to all regular subscribers of Thb
Chronicle; no single copies are sold at the office, as a sufficient supply is
printed for subscribers only. One number of the Supplement is bound up
with the Financial Review (Annua!) for 1878.
Transient advertisements are inserted at twenty-five cents per line; adver¬
tisements by the quarter, six months or year, at special rates.

do

DANA

Sc

CO.,

Publisher*.

79 <£ 81 William street.

INVESTMENTS IN
The

$235,339,4'0.

OCTOBER.

June, 1^78.

less than $10,003
Total amount

a

B.

2,910
5,904

Four-and-a-half Per Cent Loan of 1891.

The

WILLIAM

of 1681..

August, lb78.

1,599

5,857

held, $147,151,10'.

Four Per Cent Console of 19 ,7.

July, 1878.

Number holding $10,000 and over
do
go
less than $lu,000.

Total amount held,

1,294
10,093

$69,461,000.

In State and

City securities the principal transaction
made for some time past was in the
subscription by
Messrs. Drexel, Morgan & Co. and their associates, at
hole loan of $6,900,000 offered by the
105*28, for the
Comptroller of New York City. The loan was for
30-50 years and pays 5 per cent gold interest.
In railroad bonds there has been

demand for investment bonds this month has

a

moderate business

prices generally higher. As confidence in railroad
less affected by the fluctuations in gold and in the money property is recovered, since the immense transportation
business of the country keeps up, even in times of com¬
market, and the amount of business has fallen below
mercial depression, there is a better demand for these
previous months. In looking back upon the past twelve
months it is exceedingly satisfactory to observe that bonds.
Among the bonds quoted in the Chronicle of this
there has been a transfer of a very large amount of U. S.
date the following low-priced securities (which should
bonds, probably over $100,000,000, from holders abroad
to the people of this country.
The proportionately plainly be ranked as second class) appear to be worthy of
large demand for bonds of small denominations has been the examination of investors, from the high rates of
interest which they pay at present figures. The “ yield
a conspicuous feature in the negotiation of the recent
Government loans. In September, a statement made of per year” is without any regard to dates of maturity or
the number of each class of the 4 per cent bonds printed interest now accrued, and simply shows what is the net
income in a single year, at the price named.
at the Treasury Department was as follows.
Although
Yield
GOLD BONDS.
Approxi¬ per year
$461,358,800 worth of bonds have been printed, only
at this
mate
about $143,000,000 have been issued, the balance not
Price.
Price.
California Pacific, 2d mort. 6*, endorsed...
88
due 1889
6*81
issued consisting almost entirely of large denominations. Central Pacific 1st San Joaquin 6s
90
1900
6 66
do
1st California & Oregon 6s
91
..le88
6*59
Ie88
The following table shows the number printed of each
do
Land grant 6a
,.1890
89
6*74
1890
Chicago St. Paul &
81
been fair.

Government securities have been

more

or

at

e

Minneapolis 1st 6s

denomination:

,

f

Bonds.

Coupon 150’s
do
$100’s
do

do

37,300
104.100

$500’8

24,0W
76,000

|l,00J’8

Total coupon...

Registered $50’s....
do
$100’s...

..

..

•

do

f500’s...

do
do
do
do
do

$l,000’s.
$5,C00’s.
$10,000’8
$20,0 0’s
$50,030’s

Total

..

..

.

..

..

..

registered

241,400
8.000

30,118
15,000
30,172
10,000
20.UU0
1,000

1,000
115,290

Of the bonds

actually issued, the ratio, as near as can
be estimated, is one $10,000 bond to three $5,000, ten
$1,000, twenty $500, one hundred $100, and fifty $50.
The Treasury Department is able to ascertain the
number of holders of registerel bonds from its books,
and at the date of recent interest payments the following
statement was compiled, showing the number of holders
of the registered bonds in the 5,
and 4 per cent
funded loans of the United States who had
than $10,000, as follows.




more or

less

Dak ta Southern 1st 7s
♦Erie 1st consol 7a
Galveston Harrisburg & San Antonio 1st 6s
Galveston Houston & Henderson 1st 7 s
Grand Rapid- & Indiana 1st 7s, land grant
Houston & Texas Central 1st 7s
Kansas Pacific 1st land mort. 7s
Louisville & Nashville 2d 7s
M ine Central Extension 6s..
Marietta & Cincinnati 1st 7s, sterling
+Mi880uri Kansas & Texas U. P. So. Branch 1. gr.
Sbamokiu Valley <fe Pottsville 1st 7s
Texas & Pacific 1st mort. 6s
do
consol. 6s
■*

coupon after this date—Sept.,
t These pay 6 per cent after 1880.

1918

7*40

95

7*36

81
88

8*33
.6*81
9*21
8*04

1920
1910
1902

76

1891
U80
1883
1900
.1891
a ..1891

87
93
81
91
90
84

752

8*64
7*69
6*66

.1899
5s.. .1899

Ml

8*38
8*33

1901

97
88
60

6*81
10*00

190 )

1905

'

7*21

1879—is cutoff these bonds and'funded.

one

-

Yield
currency bonds.

Cedar Falls & Minnesota 1st 7s
Cnariotie Columbia & Augusta cons. 7s
do
do
2d 7s
Cincinnati & Springfield 1st 7s, guar. C.

per year

Approximate
price.

..

.

..due 1907

88

1895

78

.....1910

52

C. C. & 1
do
1st 7s,.guar. L. S. & M. S
FTnt & Pere Marquette 1st 8s, land grant
Jefferson Madison & Indianapolis 2d 7s
Memphis & Charleston 2d 7s
.'.
MissiS'Lpi & Tennessee 2d 8s
Noifo k
Petersburg 2d mor 8s
Northeastern (S. C.) 2d mort. 8s
-....
Pittsburg Cincinnati & St. Louis 1st 7s
Rome Wtitertown & Ogdensburg sinking fund 7s
.

South. Carolina 1st mort. 7s
South Side (Va.) 2d morr. 6s, guar
do
3d m >rt. 6s
St. Louis Vandaliaflft Terre Haute 2d 7s, guar

Wabash, St. Louis* Dir;, 1st %,

1901'
1901
1888
1910
1885
1893
189:1

66
71
90
88
77
81
97
89

at this

price.

7*94

8*97
13*46
10*60
9*85
8*88

7*94
9*09

9*87
8*21
8*98
7*77

1*00

90

1891

S9

7*86

1882-1688

88

9*09

1S84 1890

79

7*59

18561690

67

8*95

,...1698

72
82

9 72
8*M

I

STOCK AND

BOND TABLES.

NOTES.
These tables are expressly intended to be used in connection with the
information concerning Investment matters,
published fruui week to
week in the Chronicle—to which an index is furnished in the remarks at the
foot of the tables. Annual reports are in black-faced
figures.
A full description of U. S. Government Securities is
published regularly in the Chronicle each month, as soon as the official “Debt
State¬

ment” is issued.

Prices of all Stocks and Bonds

are

quoted weekly in the Chronicle.

The

following will give explanations of each column of the tables below:
Description.—Railroads leased to others will often be found under the lessee’s name. The following abbreviations
frequently occur, viz.: M. for
“mortgage.” s. f. for “sinking fund,” 1. gr. for “land grant,” reg. for “ registered,” coup, for
“coupon,” Br. for “Branch,” guar, for “guaranteed,’'
end. for “ endorsed.”
“
Coupon*” indicates that the bonds are coupon, but may be registered.
Date of Bonds.— The date of issue on the face of the bond is
referred to in this column.
Miles of Road.—Opposite Stocks, this means the miles of road
operated,

by the mortgage.

on

;

which the earnings are based; opposite bonds, the miles covered

Size or Par ValuedThese figures are dollars,
showing the denominations or par value. The figures “ 100, Ac.,” signify
Rate Per Cent— The interest per annum is given for bonds, but the
$100 and larger.
per cent of last dividend for stocks; g means
When Payable.—J. & J. stands for Jan. & July; F. &
A., Feb. A Aug.; M. A 8., March & Sept.; A. & O., April & gold; x, extra; 8, stock or scrip.
Oct.; M. & N., May & Nov.; J. &
D., June & Dec.; Q.—J., quarterly from January; Q.—F., quarterly from

Bonds,principal when due; Stocks, last dividend.—The date in

when the last dividend

was

paid

on

stocks.

Feb.; Q.*—M., quarterly from March.

this column shows the period when the
principal falls due of

STATE
3ub«crlherg will confer

a

great faro*1

DESCRIPTION.
For

explanations

SECURITIES.

by giving immediate

Date of

Size

1876
1876
1876
1874
1869 to ’70
1870

Funding Bonds 1870 (Holford)
Levee bonds (or warrants)
Old unfunded debt, including interest..
Ten year b’ds, Act May 29,’74
Secured sinking fund bonds (Act. Dec.

$100Ac.

$6,216,600

100 &c.
100 Ac.

536,000
515,000
2,810,670

1,000
1,000

1,886,000
1,316,000
1,986,773
1,985,955
258,300
375,000
1,200,000
1,000,000
1,200,000
600,000
1,350,000
1,353,120
95,500

1871
100 Ac.
1838 to ’39
1874
1875
To Memphis A Little Rock Railroad
1869
1,000
To Little Rock A Fort Smith Railroad.
1870
1,000
1870
1,000
1870
1,000
To Arkansas Central Railroad
1870
1,000
State scrip
1863
relief.
California—Soldiers’
1863
500 Ac.
State capital bonds
1S70 to’72
Funded debt bonds of 1873
1873
500 &c.
Connecticut—War bonds, 20 year
1863
l Coupon
1,000
War bonds, 20 year
>
or
1864
1,000
do
not taxable, 20 year..) regist’d.
1865
100 Ac.
New bonds, coupon, 10-20 year
1877
1,000
Dist. of Columbia— Perm’t imp’t, gold, coup
1872
500 Ac.
Permanent improvement bonds, coupon..
1873
Fund, b’ds (U.8. guar.,Acts June,’74AFeb.,’75)
1874
50 Ac.
Market house bonds, coupon
1872
50 Ac.
Water stock bonds, coupon
1871 to’73
1,000
Wash, fimd’g, gld, ($660,000 M. AN.,due 1902).
1872
100 Ac.
Washington ten-year bonds (Bowen)
1869
Other Washington debt, reg. stock
1828 to ’68
*
....

....

500,000
2,801,000
877,000
1,318,500

....

1,741,100
1,031,000
4,000,000

670,000
13,743,250
150,000

....

431,000

1,810,000
279,000
786,100

....

....

Corporation of Georgetown, registered stock.

......

251,500
350,000
923,100
4,000.000
800,000
3,600,000
2,097,000
307,500
800,000
542,000

....

Florida—State bonds
1871
Consolidated gold bonds ($300,000 are 7s)
1873
1.000
Loan to Jacksonville, Pensacola & Mobile RR.
1870
1 000
Georgia—Atlantic & Gulf Railroad bonds
1858 to’66
500
Bonds, act of Mar. 12, ’66 (renewal W. A A.)..
1866
500 Ac.
1870
1,000
onds, act of Jan. 18, ’72
1872
1,000
Bonds for funding (Act Feb. 19, ’73)
1873
250Ac.
Bonds to fund coupons on endorsed bonds...
1876
1,000
....

§uarterly gold bonds, act of 8ept. 15,1870..

Bonds

exchanged for endorsed RR. bonds

1877

Illinois—Refunded stock bonds
Normal University bonds
Thornton loan bonds
War bonds

Didiana—Bonds, short loan
Bonds, short loan
School fund bonds (non-negotiable)

1876
1876

Iowa—War and defense bonds

Kansas—Bonds, 1861 to ’69, funding, Ac
Bonds for various State purposes

Military loan

LcPtiisiana—Bonds for relief of State Treasury

.

Bonds in aid of various railroads
Levee bonds—Act 35 of 1865
do
Act 115 of 1867
do
special—Act 32 of 1870
Bonds funding coupons
do
to Boeuf & Crocodile Navigation Co...
do
issued to State Penitentiary

Alabama.—The State gives 30-year bonds, dated
per cent for 5 years, 3 per
cent for next 5 years, 4 per cent for next 10 years,

July 1, 1876. bearing 2
and 5 per cent

for last 10 years, for old bonds, with¬
allowance for past-due coupons.
Ala. &
Chat, endorsed bonds are exchanged (for $1,000,000
out any

of the new bonds, class C, which bear 2 per cent
for five years and 4 per cent for remaining 2» years).
For railroad endorsements
the
bonds
issued
bear 5 per cent. An analysis of the debt and fund¬
ing operations is in V. 24, p 28. There were
$3,705,00) of railroad obligations unprovided for in
the “adjustment.” The value of all taxable
property
is about
$160,000,000; tax rate, 7 mills.
The as¬
sessed valuation of real estate in 1876 was $86,874,212.
(V. 23, p. 39, 40, 397, 622; V. 24, p. 28, 420; V.

27, p. 94.)

Arkansas.—The State Supreme Court has decided
Levee bonds of 1SL9 and 1870 invalid. Rate of tax¬
ation, 10 mills. The State is in default for interest,
except on the ten per cents of ls74 and secured

1861
1861 to ’69
1861 to ’75
1864 to ’65
1853
1866
1867
1870
1866
1870

1869

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

2,298,000
224,000

100 Ac.

142,300
200,000
510,000
3,904,783

23,000
86,000

....

....

300,000
100 Ac.
100 Ac.

Rate.

2 Ac.
5
2 Ac.

i;ooo,ooo

....

•

....

101,175
739,000
289,000

500

63,500

1,000
1,000
1,000

284.000

500
100 Ac.
1,000

1,000

57,000
112,000
49,000
49,500
80,000
12,000

against $595,073,177 in 1876.
73# cents per $100.

8
6
6
7
10
6
7
7
7
7
7
5 A
7
7
6
6
6
6
5
6
7

When

J.
J.
J.

ber, 1874.




A
A
A
A
&
A

Montgomery.

July

N. Y.. Union Trust Co.

do

do

‘1884'

J. New York, Latham, A. A Co.
O.
N. Y., Union Trust Co.

O.
O.
O.
O.

do
do
do
do

*1899"

do
do
do
do

1900
1*900
1900

April, 1900

Vnrini'ws

J.

A J.

July.

J. A J.
J. A J.
J. A J.
Various
Various
M. A N.
M. A S.
J. A J.
J. A J.
M. A S.

39; V. 26, p. 599; V. 27, p. 303.)
Florida.—Less the sinking fund of
$130,700, and J.
P. and M. loan, the total debt is
$1,284,100, which
does not include $132,000 bonds of
1357, held by
Indian Trust Fund. Coupons of the consol, bonds
and personal ptop-

erty assessed in ’77 at $30,898,247; tax rate, 9 mills.

The Jacksonville Pensacola &- Mobile RR. loan is
in litigation, and the State
Supreme Court has de¬
cided that the State is not bound for it.

1885
1893
Jan. 1, 1883
Jan. 1, 1884

Oct. 1,
Mayl,
July 1,
July 1,
Aug. 1,

)ct. 1,1901 to ’0
1892 & 1902
Jan. 1, 1879
At pleasure.

1879-’84

Jan.'l,

May, 1886
Oct., 1890
July, 1892
Lpril 1,1879 to ’8
July 1, 1896
Jan. 1, 1889
Various

Jan., 1880
Jan., 1880
Jan., 1880
Dec. 1,1879
April 1, 1879

New York, Kountze Bros.

July

/•

1872 to 1906
1886

not

80,000

report of Jan. 1
1, 1878.
,

J

1831

July, 1893

.

fundable, per
I

T,’

1883 to ’84
1878 to ’99
1884 to ’99

119,000
Amounts

1903

1881 and 1886

N. Y., Am. Excli. Nat. Bk.
do
do
do
do

$15,000 )

1885
1897

1891
1891
1924
July 26,1892

•

7
6
7
7
6
6
8
6
8
6
8
7

Tax rate for 1876-7,

*1883“

-

6

1,' 1884

1899
1900
1900

A J.
Sacramento, Treasury.
A J.
do
do
A J.
do
do
A J.
Hartford, Treasury.
A J.
do
do
A O.
do
do
A N.
do
do
A J. N. Y., First National Bank.
A J.
do
do
A A.
U. S. Treasury.
A J.
Washington, D. C.
A J.
do
A J. New York and Washington.
A J.
Washington, D. C.
5, 6, 7-3 Various
do
6
do
Q.— J.
7
N. Y., Importers’ A Tr. B’k.
7 A 6 g. J. A J.
do
do
8 g. J. A J.
6
F. A A. N. Y., Fourth National B’k.
7
J. A J.
do
do
7 g.
do
do
Q.-J.
7
J. A J.
do
do
8
A. A O.
do
do
7
J. A J.
dodo
6
J. A J.
do
do
6
J. A J. N. Y., Am. Exchange Bank.
6
J. A J.
do
do
6
M. A S.
do
do
6
J. A J.
do
do
6
J. A D.
New York.
6
A. A O.
do

Congress. See law of 1878,
23, p. 542; V. 24. p.

Reul

July 1,1906
July 1,1906
July 1.1906

do

g- J.
g- J.
g. J.
J.
J.
A.
M.
g- J.
J.
3-65
F.
7
J.
7
J.
6 g. J.
6
J.

V. 26, p. 599. (V. 22, p. 181; V.

receivable for taxes.

New York.
do

8

(V. 23, p.
576; V. 25, p. 212.)
Assessed valuation of taxable property,
Georgia.—The constitutional amendment in 1877
$94,095,243. (V. 23. p. 174; V. 24, p 88, 420, 46b, £64; declared void several issues of bonds and railroad
V. 25, p. 161; V. 27, p. 15, 40.)
endorsements.
The So. Ga. & Florida RR. has
CcUitornia.—The State holds in trust for School $464,000 of bonds
endorsed, but the Company pays
and University funds the £500,000 Capitol bonds interest and the road is
estimated to be nearly worth
and $2,063,000 of bonds 1873.
Total valuation of the bonds. The total State debt is
$10,908,500. As¬
property, 1876 and 1877, was as follows: Real estate, sessed value of
property in 1877 was as follows:
$418,840,023 in 1877, against $454,990,351 in 1876; Lands, $88,8S3,514; city and town
propertv, $51,259,personal property, $199,243,292 in 1877, against 736; toUi1, including personal.
$235,659,530,
against
$139,217,695 iu 1876-total, $618,083,315 in 1877, $245,853,750 in 1876 and $261,755,884 in
1875; rate of

sinking fund bonds, issued under the law of Decem¬

A J.
A J.
A J.

J. A J.

J.
A.
A.
A.
A.
A.

Due.

.

J. A J.
J. A J.

’

Principal—When

Where Payable and by
Whom.

Payable

Connecticut.—The debt of Connecticut was all
created
originally for war purposes. Assessed value
of real and personal
property, 1877, $344,406,977;
rate of taxation, 1# mills. (V. 24,
p. 38’..)
District of Columbia.—The total assessed value
of taxable real estate in 1877 was
$97,609,890; per¬
sonal property. $21,100,000. The interest on the 3-65
bonds is provided for by

are

Tables,

INTEREST,

Outstanding

Value.

Substitut’n b’ds for RR. (B) ($590,000).
do
for Ala. & Cliatt. (C) ($1,0(
Educational funded debt
Funded “ obligations ”
irkansas—Funding bonds of 1869 and 1

notice of any error discovered in these

Amount

or

par

see notes above.

bonds, but the time

May 1,

1907

March 1,1875
1886 & ’88
Jan. 1, 1890
March 1,1909

tax in 1877, five mills. Governor’s Message, V. 24,
p. 89.
(V. 24, p. 89, 152; V. 25, p. 138, 162.)
Illinois.—'There is also about $300,000 of int.
bonds inscribed stock, due JaoM 1878, yet out.
The Illinois Central Railroad charter tax on earn¬
ings contributes over $300,OoO per year to the State
revenue.
For 1877 the total assessed value as

equalized by local

assessors was:

lands, $491,704,-

984; town and city lots, $208,521,067; total, $892,452,315; total as equalized by State assessors, $931,199,308. State tax in 1876, 2‘8 mills. (V. 24, p. 40.)
Indiana.—There are also $139,060 of 6 per cent
loan bonds.

There has been some question as
obligation to pay the Wabash & Erie
Canal debt. Valuation, 1877, of all taxable prop¬
erty, $855,190,125, against $864,720,440 in 1876 and
war

to the State’s

$897,739,783 in 1875.

Tax rate, 1*3 mills.

permitting towns to issue bonds

was

A law

passed m 1875.

A similar law was passed for counties. (V. 19, p.
493, 526; V. 21, p. 85; V. 22, p. 104, 209, 615.)

Kansas.—Kansas has hut a small State debt, but
the issues of municipal bonds have been large.
The
valuation of
real and
personal property
in 1877 was $136,019,113,
against $132,144,580 in
1876.
Tax rate, 5# mills for State purposes.
State funds hold $610,925 of the bonds. (V. 24, p.40.)
Louisiana.—The funding bill passed Jan.

24,1874,

scaled the debt down to 60~per cent of the face value.
Funding was resumed May, ’77, subject to Supreme
Court decision. (SeeV. 24, p. 519). New bonds
w?re
voted forN. O. & Pac. BR. in ’78, and their validly
is qbii’.ned by the Supreme Court, but the Governor

October 26,

STATE

1878.J

Subscribers will confer

a

great flavor by giving Immediate

DESCRIPTION.
For explanation

see

notes

on

Date of
Bonds.

1870
1869
1869
1857
1870
1871
1869
1874

Northern Louisiana & Texas RR. Co.
school & seminary, held by St. Treat
to N. Orleans, Mobile & Chatt. RR.
to N. Orleans, Mobile & Texas RR—
..

Consolidated funded bonds.

Mainc—War loan bonds

\

Bounty loan bonds,

Coup.

}or

do

875,000
(?)
385,000
307,000

500 &c.

1,000
500 &c.
100 &c.

M.
F.
J.
A.

&
&
&
&

Maryland—Baltimore & Ohio Railroad, sterling
Chesapeake & Ohio Canal, sterling
‘

Railroads and canals
Eastern Shore Railroad
Baltimore & Susquehanna Railroad
Chesapeake & Ohio Canal
Baltimore & Susquehanna Railroad

do

sterling

War Loan, sterling
Troy & Greenfield Railroad loan, sterling....
do

do

do
do
do
do
do

do

do

do
do

do

home

sterling
sterling....
sterling....

•

dollar bond
do

Southern Vermont Railroad Loan
Boston, Hartford & Erie Railroad, sterling..
Harbor Land Improvement (5-20s)

Danvers Lunatic Hospital
Lunatic Hospital. Worcester
New State Prisons, sterling

Michigan—Two Million Loan’.
War Bounty Bonds
Sainte Marie

1863
1865
1859
1869

,

Canal bonds

State Building loan, coupon
Railroad Bonds (not recognized;
Missouri—State bonds
Consolidated bonds

Bonds to North Missouri Railroad
Bonds to Cairo & Fulton Railroad
Bonds to Platte
County Railroad
Bonds to Iron Mountain Railroad
Pacific Railroad of Missouri

Funding bonds

bonds,

coup.,

5-20s, (act Mch. 29, ’7t)

Hannibal & St. Joseph Railroad
do

do

renewal

1874
1877
1871
1872
1864
1872
1873
1861
1863
1864
1875
1872
1873
1873
1874

Nebraska—Bonds (act Feb. 14,1877) coupon...
Nevada—State bonds
Territorial bonds
New Hampshire—War loan, coupon bonds

Municipal

war

loan

State bonds
New Jersey—War loan bonds, tax free
War loan bonds, tax free
do
do
taxable.
New Yorl:

Canal debt,

*

Under Art. 7, Sec. 3, of Con¬
stitution, and Art. 7, Sec. 12.

declined to sign them and the question of a manda¬
mus to compel him is decided in his favor.
The
assessed value of re d estate in 1877 was $138,164,847;
personal, >86,468,835. The gross revenue in 1877 was
$2,606,351, and expenses. $2,719,412. State tax rate,
14)4 mills. (V. 26, p. 315, 342, 463, 470, 523, 625: V.
27, p. 41, 122, 200. S03.)
Maine—'The sinking funds ($911,436),
January,
1878, reduce the total debt to a net amount of
$4,962,4h4. Valuation of total taxables in 1875,
$255,000,000; tax rate in 1877, 3 mills. For 1878,

treasurer advises

3% mills.
Maryland.—'The assessed valuation of property in
1877 was $478,468,023; in 1878, $464,425,790, on
which the rate of taxation is 18% cents per
$100;
receipts from railroad, canal and other stocks
owned by the State was $190,756 in 1877. The
State has largely assisted canals and railroads,
and holds $4,235,713 of stocks and bonds ranked
as productive, leaving $6,396,322 of debt without
any offset: the State also holds $23,360,682 in un¬
productive securities.

Massachusetts.—All interest on the funded debc ot
Massachusetts is paid in coin.
The credit of
the State stands nigh in London and at home.
During 1877 the funded debt was reduced

$330,0o0.
were

Stare

The sinking funds m January, 1878,
$10,885,690. The Hoosac tunnel has cost the
about $17,666,070,including interest paid. Real
assessed

Q.-J.

Baltimore, State Agency.

1,300,000
200,000
3,500,024
700,000
1,350,000
1,100,000
1,292,280
629,000
357,000
46,000
50,000

250,000
2,275,000
439,000
2,727,000
401,000

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

104,000

1,000
1,000

1,945,000
304,000

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

504,000
1,361,000
2,971,000
1,000,000

100
100
100
100
100

Sbbo

2% mills.

chase of bonds.

4,350,000
1,518,000
1,482,000
549,267

160,000

380,000
600,000
2,206,100

<fee.
&c.
&c.
&c.
<fec.

®h5h

g-

ggggggg.
gg-

6

J.

m

700,000

6
6
6
6 g.
6 g.

56 *

g.
6 g.

applied to pur¬

Minnesota.—N\\ the State bonds are now held by
the permanent school fund.
Minnesota has refused
to recognize the “ State Railroad bonds ” of 1858
to the amount of $2,275,000.
A proposed constitu¬
tional amendment in 1877 provided for a settlement

with the holders, but was defeated by
a large
majority. Taxable property, 1875, $218,855,743, of
which $45,162,467 was personal; in 1876, $218,850,744,
of which $45,302,485 was personal; in 1877,
$*20,025,638, of which $45,141,659 was personal. State tax,

mills; tax for all purposes in counties averages
17% mills. (V. 22, p. 63, 567; V. 24, p. 40, 170, 227.)
Missouri.—The equalized valuation of all real
and personal property in 1377 was
$610,558,840.
The tax rate is 40c. per $100. In 1877
$338,000 b >nds
maturing were mat by gale of renewal bonds;
in lb78 $490,000 bonds mature and have so far
been paid by
sinking fund. ’I he Hannibal & St.
Joseph Railroad provides for its own debt. (V. 22,
p. S3, 591: V. 23, p. 135, 397, 493; V. 24, p. 171,
321, 542; V. 27, p. 200, 409.)
Nebraska.—Ot these the State school fund holds

New

Hampshire—The debt of New Hampshire

H. & E. Railroad was secured by deposit of $3,600,.
000 “ Berdell ” mortgage bonds, afterwards ex¬
changed for N. Y. & N. E. RR. stock, and had
a sinking fund of $1,027,879 January 1, 1873.
(V. 23,

^nd personal

poses, and is provided for by sinking funds,
which amounted Jan. 1, 1873, to $1,453,435. Of the
first
two classes of bonds the principal
is pay¬




tax

New

.

May
July
July
May
May
July

do
do

do
do

London, Baring Bros.

Oct., 1888 to '90
,

April, 1882

Jan. 1, 1895
July, 1891 to '94
July 1, 1895
April 1, 1890
July 1, 1900
Sept. 1, 1894-96
J’lvl,’94-Sep.l,'96
Mayl’95-Sep.l,'96
Jan. 1, 1895
Jan. 1, 1883

May, 1890
July, 1879
July 1,1879
July 1, 1883
Dec., 1887
1883
1888

July, 1892
April 1, 1894
1878
1878
1889
1878
1876

to '89
to '87

July, 1894
1895-6-7
1887 to '95
1894-5-6
1881 and '82

do

Trenton and Jersey City.
do
do
do
do
N. Y., Manhattan Bank.
do
do
do
do
do

to '88
to '89
to '90

April 1,1897

do

do
do
do

1, 1894
1, 1889

April, 1890 to '94

do

State Treasury.
State Treasury.
do
Concord or Boston.
do
do

1, 1883
1, 1894

July, 1891

Treasury.

do

1, 1880
1, 1883

March, 1887
Sept., 1884 & '89
Jan., '92 to 1905
July 1, 1879 & '80
Jan., 1879 to '84
Jan., 1886 to '96
Jan., '97 to 1902
Oct., 1893
July, 1887
Jan. 1,1883

July 1,1891
Oct. 1,1892

able $100,000 per year. Valuation of real
property
in 1877. $419,729,400; personal $123,868,381;

total,
$566,250,697, against $596,833,707 in 1V76, and $612,State tax, 3% mills.

731,094 in 1875.

New York.—The
tax rate

1865, and
Year.
1859
1865

following were valuations and
for State purposes in the years 1859 and
from 1870 to 1877 :
Real Estate.
Personal.
State tax.
$1,097,564,524
1,158,327,371

$307,349,155
392,552 314

1,532,720,907
1,599,930,166
1,644,379,410
1,692,523,071
1,750,698,918

43 4,28 ),278

1,960,352,703

1876

2,108,325,672
2,376,252,178

The

452,607,732
147,24S,0&5
437,102,315
418,608,955
407,427,399
357,941,401
379,4'8.140

2%
4 53-80
7 41-156
5 79-120
9%
6 95-100

7%
6
3 11-24
3 1-6

general fund debt was paid in July, 1878,
and the canal debt only, of about $9,0o0,0u0, now

remains. The gross St»te debt. September 30, 1877.
was $10,957.01 *, and
town, county, and city debts in
December, 1875, were $244,079,859. (V. 22, p. 63,
471; V. 24, p. 17, 49; V. 26, p. 18, 117.)

$423,267. There are also $50.00J 10 per cent “Grass¬
North Carolina.—North Carolina is heavily burden¬
hopper” bonds of 1875, due Mar. 1, 1885, interest ed with debt, in proportion to her taxable
paid J. & J. Real estate in 1877 assessed at $37,- Total property was assessed in 1876-7 property.
at
975,987; personal at $33 335,591; tax rate, 6% mills. 564,557; 1875, $152,546,023; 1874, $139,953,361; $148,1873,

created for war purposes, and is being
gradually
reduced. The Municipal loan of 1872 was issued to
cities and towns, the proceeds to be applied to their
war debts.
Total valuation in 1846,
$199,080,353.
Tax rate, $2 per $1,000.

property, 1877, $630,000,000, and

do
do

do
do
Boston
do
do

2

was

354; V. 26, p. 40, 523.)
Michigan.—The debt has been largely diminished
«n the iast few years. •
Assessed valuation of real

1890

Boston, Treasury.
London, Baring Bros.

& J.

funds.

p.

1883
1885 & ’89
1887 & 1891
1887
1888 to 1893

do
do
do

do
do

& J.

Nevada.—The debt of Nevada is hardly more than
nominal, as the bonds are principally held in State

$1 ,262,142.326 in 1876;

do
do
do
do
do
do
do

London, Baring Bros.

A. & O.
9*2 & 10 Various
M. & S.
9*2
6
M. & S.
J.

revenue is

do
do
do

8

J. & J.
J. & J.
J. & J.
J. & J.
J. & J.
J. & J.
J. & J.
J. & J.
A. & 0.

2,000,000

do
do
do
do
do
do
do
do
do
do

*

6

595,400

do
do
do

do

Boston, Treasury.

J.

6

473,000
1,562,900
847,500
4,302,600

Surplus

&

.

Aug. 15, 1880
June 1,1889
Oct. 1,1889
1890
1890
1880 & 1890
1890
1890
1885

J. & J.
Boston Treasury.
5 g. Various
Boston, Treasury.
5
Various
do
do
5
J. & J.
London, McCalmonts.
6
J. & J. N. Y., Am. Exchange Bank.
M. & N.
7
do
do
6
J. & J.
do
do
7
J. & J.
St. Paul, Treasury.
7
J. * J.
do
do
7
J. & D.
6
J. & J. N. Y., Bank of Commerce.
6
J. & J.
do
do
6
J. & J.
do
do
6
J. & J.
do
do
6
J. & J.
do
do
6
J. & J.
do
do
J. & J.
6
do
do
6
J. & J.
do
do
6
J. & J.
do
do
6
J. & J.
do
do
C>
J. & J.
do
do
6
J. & J.
N, Y., B’k N. America.

500,000

900,900

do

i914

March 1,1883

do
do
Augusta and Boston.

J. & J.
M. & N.
J. & J.
J. & J.
M. & N.
M. & N.
J. & J.
A. & O.
A. & O.
A. & O.
J. & J.
J. & J.
J. & J.
J. & J.
A. & O.

J.

Jan.,

do
do

& J.

(V. 24, p. 204.)

May, 1877, $1,191,499,228, against
personal, including bank
shares, $505,781,5 ;4 in 1877, against $537,708,263
in 1876. Deposit-' in
sayings batiks, November 1,
1877, $243,972,325; corporation property above real
estate and machinery, $72,536,046.
The loan to B.
opiate

rate

g-

g-

700,000

1,000

1875-6-7
1857 to ’75

4,379,500
4,000,744

July 1,1910
April, 1911

Y., Winslow, L. & Co.

....

g-

report of

Jan. 1,1878.

875,000
N.

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

g.

per

2*500,000

Q.-J.

500,000
220,000
888,000
200,000

1899
1909
1897

fundable,

y

London, Baring Bros.

J.

999,944
554,180
966,500
2,952,400
5,598,912
1,497,980

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

1873
1858
1865 to *66
1868
1872
1S74
1854 to ’58
1857 to’59
1859 to ’60
1854 to’59
1853 to ’59
1874

University and Lunatic Asylum bonds
State Bank stock refunding

.

48,000
70,000

J. & J.
J. & J.

691,291

....

May, 1910
Amounts not

Boston, Suffolk Bank.

A. & 0.

225,000
465,000

100 &c.

1

260,000

Quart’y

3,326,750

1878
1861 to’62
500
1863
1,000
1863
1,000
1864
500 &c.
1864
£100 &c
1869
£200
1858 to ’61 £200 &c
1861 to’63 500 &c.
1868
£100
1871
200 &c.
1875
£500
1873 to’74
1,000
1875
1,000
1860
5,000
1868 to’69
£200
1874 &’76
1,000
1874 & ’76
1.000
1875-’76
1,000
1875
£500

Minnesota—State BuildingLoan

Renewal

"

.

Bounty Fund Loan
Bounty Fund Loan

155,615
31,069
269,000
528,355
298,435
62,605

....

1872

*

Coast Defense Loan

do

2,502,555

1837
1870
1839
1839
1868
1870 & ’74
1872 & ’76

Annapolis & Elkridge Railroad
Defense Bounty Loan
Deaf and Dumb Asylum Loan
Maryland Hospital Loan, 10-15 years
Maryland State Loan
Treasury relief loan, 10-15, years.
Massachusetts—Back Bay Lands Loan

2,330,000

2,826,900
2,010,000

....

$

S.
A.
D.
O.

130781
tered.

aue.

whom.

....

11,624,500

....

1864
1868
1838
1838
Various.
1839

regis¬

2,500,000

Principal—Whea
lpai-

Where payable and by

Payable

6
M. & N.
7-30 M. & S.
8
A. & O.
6
Various
8
J. & J.
8
A. & 0.
8
7
J. & J.

260,000
10,000
48,000
70,000

100 &c.

When

Rate.

$6,000

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

1863
1863

any error discovered in these Tables*

INTEREST.

outstanding.

$1,000

1878

notice ot

Amount

or

par

Value.

to

do

Size

first page of tables.

Louisiana—( Continued )—
Bonds to fund floating debt of State.
do
to Mississippi & Mexican Gulf Cai
do
do
do
do

SECURITIES.

Jersey.—The debt,

was

created for

war

pur¬

$143,723,813.
Interest is paid on bonds issued
to North
Carolina Railroad ($2,800,000), as the
State holds $3,000,200 stock and receives div¬
idends thereon. Other interest in default. A fund¬

ing bill passed the Legislature March, 1875, (See
Chronicle, V. 20, p. 336,) but nothing was done

under
thus :

it.

In

New

York,

bonds

are

classified

“Old,” being those issued prior to May 1,
1861, coupons on from Jan. ’69; “N. C. R. R.”
issue of $2,300,000 to that road, coups, on since
Jan. & April, ’69; same “coup, off” have had 7
coups, paid; “funding act ’66” carry coups. Jan.,.
’69;
“funding act ’68” carry coupons April,
’69. “ New ”—authorized before war, except $1,500.000 in 1868; “Special tax, 1st,” carry coup,
April,

0

STATE

VI

Subscribers will confer

a

great favor by giving

DESCRIPTION.

Date of

Size

North Carolina—TIR. nml improvem’t bo
Railroad and improvement bouds, old.
do

do

do

$1,738,800

500 Ac.

3,639,400
2,383,000
1,695,000

1,000
3,000

do

w ar

do

-

100 Ac.
100 Ac.

1808

Registered certificates of literary fund
Penitentiary bonds, act Aug. 21, 1868
Special tax bonds
Ohio— Register’d loan, payable after Jnue, 18 i
Registered loan, payable after June, 1880.
Oregoji—Bounty bonds

1807

l7<$>0
1,000

i860

100 Ac.
100 Ac.

1856

...

Modoc war bonds
Willamette Canal and Look

outstanding.

$500Ac.

)

do

....

Inclined plane loan

Coupon loan (except $53,000 reg.j, April 2
do
April 2
Stock loan of Feb.
(registered)
do
do
(coupon)
do
do
(registered)
do
do
(registered)
do
do
(registered)

Agricultural College laud scrip

Rhode Island—War bonds
War bonds
do
do

South Carolina—State stock
State Rouse stocJk
do

bonds

Funding bonds and stock
Blue Ridge Railroad bonds
Funding bills receivable
Payment of interest
Funding bank bills

•

Conversion bonds and stock

Rand commission bonds
Fire loan bonds, sterling
do
stock, domestic
Bonds—Relief State Treasury
Reduction of Public Debt stock
Consolidated bonds, coup. (Funding act)
do
stock (Funding act)

•9; 44 2d ” coup, of Oct.’89: “ 8d ” ooup. April, 1870,
V. 21, p. 670; V. 23, p. 599, $15, 647; V. 24, p. 17,226.)
small State debt, but
large local debts, amounting in 1877 to $39,3^8,9
against $36,059,978 iu 1876.
Valuations in 1877
were: Real estate in cities, Ac., $378,44.1,113; other,
$706,347,619; personalty, $490,594,810.
Total taxes
levied in >877 *4,581,235 for State purposee, 2‘9
mills, and $22,975,512 on all local taxes. (V. 21, p.
17.)
very

Oregon.—The debt Is provided for by sinking
funds, payable from land sales. Taxable property
in 1875 -was assessed at $41,197,149; % mill tax
1 mill for

bonds.

Pennsylvania.—'The new 5 per cent loan
000 was sol-d to take up maturing uonas.
Nov. 30, *77, $22,943,814; available assets.
net debt, $13,924,039.
No tax is laid
purposes on real estate, and revenue

Bounty

of f8,000,Total debt

$9,051,910;
for Stare
is raised

principally from corporations. Taxes are levied
on personal property, which was assessed in 1877
at $159,318,817, and the tax was $574,817.
State
expenses have lately exceeded revenue, and sinking

funds have been diverted to meet the deficiency.
The State holds $1,754,331 in stocks and $7,900,000
of railroad bonds. Interest has been paid in gold on
the State debt issued prior to 1867, but the bonds

paid off in 1877 were paid in

oonds may be
doe in 1877 are

currency. Any coupon

changed to registered. The bonds
payable at any time till 1882; those
of;ift82 till 1892. (V. 24, p.414, 421, 469; V.26, p. 16;
V.27, p. 149, 229.)
Rhode Island.—The debt

was

all created for

war

and is being steadily diminished.
The
valuation of real property iu 1876 was $185,159,848,
and personal, $86,89.',928, and tax rate 15 cents on
$100.
purposes

South Carolina.—The funding law approved Dec.
22, 1873, provided for scaling down the old debt by




Ac.

Ac.
Ac.
Ac.

Ac.

3,000
1,000
1.000

•

1,000

2 7,411
289,172

50,Ac
1,000

238,933
469,000
72,000
149,000
242,350
451,000
13,000

192,000

1,000
1,000

500,Ac.
500, Ac.
500,Ac.
....

‘481,944

....

151,780

Various

7,000

241,257
4,023,000
149,254
4,797,608
6,617,000
16,194,000
661,000

'

•

6
5 A 6

1,000
....

1,000
1,000
1,000
100

1,000
500, Ac.
500,Ac.
500Ac \
Vari’s )
£100 Ac

100, Ac.

100,Ac.
100,Ac.
100,Ac.
Various
Various
....

2,331,250
18,740,800
1,483,715
2,185,100
1,152,800
15,239,370
212,833

....

M.
A.
J.
F.

A
A
A
A

New York.
do
do
do
do

J.
J.
A.
A.
J.
J.
J.

A
A
A
A
A
A
A
A
A

J.
J.
J.

Harrisburg Treasurv.
Providence, R. I. H. A T. Co.

Q.-J.
Q.-J.

do

do

do
do

do

Jan., 1900
Oct., 1898
Indefinite.

Oct,, 1898
1898 to’99

July, 1881
Jan., 1887
1884
1880

1880
Feb. 1,1902

April, 1879
July, 1882
July, 1882
Feb., 1877 to ’82
Feb., 1877 to’82
Feb., 1877-1882
Feb., 1882-1892
Fob., 1882-1892

Sept. 1,
April 1,
July 1,
Aug. 1,

1882
1883
1893
1894
At pleasure.

do

Columbia, State Treasury.
do
do

do
do

1877 to ’86
-1871 to ’80

Columbia and New York.

J.
O.
O.
J.
J.
J.

1868 to ’98
1868 to ’98
1868 to ’98
1868 to ’98

,

Columbia, Treasury.

Columbia and New York.
do
do
de
do
do
do
do
do
London.

July 1, 1888
July 1,1888
July 1, 1889
July 1,1882

July i, i868
July 1,1868

Columbia.

J.
J.
J.
J.

A
A
A
A

J.
J.

A J. N.
A J.

J. Columbia A Fis. Agen. N.Y.
J.
J.
New York or Columbia.
J.
do
do

1888

July 1, 1893
July 1,1893

Y., Fourth Nat. Bank.
do

July 1, 1914

do

1875 to 1900
1900
1875 to 1900

....

6

J. A J. N.
Various

7 g.

M. A

6

7 g.
7 g.
10
6 g.
6
6

y

J.

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

6
5
6
6
6
6
6
•

J.

J.

6

.

{

4,188,141

•

•••

was

paid

on

those consols signed
Gov. Chamberlain, which
the committee held to be good; interest on bonds
signed by Gov. Hampton was not paid. Total valu¬

by

Various.
1891
1911
1892
March 1,1904
1894

July, 1906

Dec. 1, 1878
Dec. 1, 1890
1886 to ’95
At pleasure
1886
1905
1905

Contingent
190o

....

appointed in 1877, and reported January, 1878
(V. 26, p. 143), rejecting certain numbers of the
consolidated bonds. A court of claims to hear the
bondholder* was appointed, and-met in May, 1878,
bnt the validity of the law creating the commis¬
sioners was questioned in the Courts, and the board
In July4 18*8, interest

Y., Fourth Nat. Bank.
State Treasury.
N.Y., Donnell,La wsonA Co.

8.
A J.
do
do
A J.
do
do
A J.
State Treasury.
A J. New York A State Treasury*.
A D. Boston, N. B. Mut. Red’ii.
A D.
Montpelier, Treasury.
A J.
New York.
A J.
Richmond, Treasury.
A J.
Loudon, Baring B. A Co.
A J.,
Richmond, Treasury.
A J.
do
A J.
do
A J.
do
A J.
A J.
London, Baring B. A C4*.

was

ation of all

property—in 1876, real estate, *86,187.120;
personal, $40,598,376;
railroad
property,
$6,347,142, making a total of $133,132,* 38. In 1877
total was about $135,735,863. Rate of taxation in
1877, 7 mills. (V. 24. p. 199, 445, 495, 543, 557; V. 25,
p. 79. 641; V. 26, p. 63, 143, 232, 257, 420, 463; V. 21,
p. 141, 165.)
„

Tennessee.—The coupons of July, 1875, together
July, 1674, and January, 1875, re¬

with those of

maining due, were paid in
The debt of solvent

S.
O.
J.
A.

Q.-J.

J.
J.

giving new bonds to the extent of 50 per cent, and
declared void the conversion bonds to the amount
of $5,965,000. A committee to investigate bonds
and ascertain what consols were properly issued

did nothing.

J

5

396,000
75,000
697,000
500,000
1,000,000
1,153,974
1,564,000
34,000
137,000
6,401,285

Due.

J. A J.
A. A O
J. A J.
A. A O.
do
J. A J.
Raleigh, Treasury.
A. A O.
New York.
A. A O.
do
J. A J. N. Y., American Exch. B’k.
J. A J.
do ’
do
J. A J.
State Treasury.
J. A J.
do
do
J. A J.
do
do
F. A A. Phila., Farm. A Mech. B’k.
J. A J.
do
do
J. A J.
do
de
J. A J.
do
do
F. A A.
do
do
F. A A.
do
do
F. A A.
do
do
F. A A.
do
do
F. A A.
do
do

5, 514, 6

460,000

is 72

6
6
5
6
5
6
6
6
6
6
3 g.
6 g.
6
6 g.
6 g6 g.
6 g6 g.
6 g6 g5 g.
6 g7
6
6
6

200,000
631,000
738,000

Various
Various
1,000

1,000
1,000

412g.

2,556,250
367,000
90,400
9,251,850
723,950
500,000
975,000

....

1874
Various.
Various.
Various.

.

laid for Relief bonds and

50
500
50
50
50

87.000

A

Principal—When
pal—1

Payable and by
Whom.

A. A O

5
6 g.
5 g.

395:000

....

1871
1872
1874
1874
1876
1862
War loan bonds, registered
1862
Virginia—Old bonds, 23 fundable, coupon
1851 to ’66
Old bonds, 23 fundable, registered
1851 to ’66
do
sterling, not required to be funded
1851
Consol. (Act Mar. '71) coup, tax receivable
1871
do
do
reg., conv. into coup...
1871
do
(Act 1872) “ Peeler,” cp. not rec’ble
1872
do
do
reg.,
do
1872
Deferred certificates (W. Va.)
1871
Interest on sterling debt, funded (Act 1871).. .
1871
Interest unpaid Sept. 30, ’77, on debt proper.

was

1,000
1,000

1869
Dec.. 1873
1873
Various
1873
Various

Tennessee—New funding bonds, act of 1873...
Bonds registered, act of 1873
Fundable bonds and coup, not yet presented
Bonds, registerable, not presented
Held by E.T. University (not to be funded)..
Tea-os—Funding State debt (act May 2,1871)..
Frontier def’se,gold,act Aug.5,’70(red’ble ’91)
Revenue deficiency bonds, act Dec. 2.1871..
Bonds, act Mar., 1874 (forpaying floaf’g debt)
Vet’n Pension bonds, act Apl.,’74, (red’ble’79)
Redemption of debt, act Aug. 6, '76
Vermont— War loan bouds, coupon

a

....

1838

Railroad endorsements

Ohio.—Ohio hag

160,000
8,000.000
400,000

....

100 Ac.

J.

6
6
6
6
6
6
6
6
6
7
7
7

130,991

Where

Payable

6
6

1,711,400
383,045
44,000
11,407,000
4,072,640
2,400,000
26,500

....

When

Rate.

2,417,400

.

1870
1877
.!
1840
1852
1852
1867
1867
1867
1867
1867
1872
1862
1863
1863
1864
1794
1836 to’61
1853 to’54
1866
1854
1868
1868
1868
1869
1869 to ’70
1838

INTEREST.

Amount

or

Value.

cl

[Vex. XXVII.

immediate notice of any error discovered in these Tables.

par

For explanations see notes on first page
of t ables.

Funding bonds, since

SECURITIES.

September,

1876.

Texas.—For all bonds, except 10s of 1894, the
interest and 2 per cent of
principal yearly are pro

vided for by special appropriations. The valuation
in 1877 was about $816,000,000,
against $257.632,0t<0 in 1876. Tax rate, 50. From the
last
Comptroller’s report, for the fiscal year 1875-6,
we have the following statistics:
of taxable property

Total value of taxable property assessed.

State tax
Poll tax
Miles of RR. in the State ass’d for taxes...
-Value of railroads, &c

55,950,038

acres of land assessed at
Value of lots assessed in the State
(V. *8, p. 452; V. 24, p. 535; V. 25, p.

....

$257,632,009
1,288,249
211,034
1,493

$16,577,508
110,288,629
45,674 101

115.)

Vermont.—This State has

a very small debt—all
purposes. Of the registered bo'nds
$135,500 are held for Agricultural College.
The
sinking fund, Aug. 1., 1876, was $135,932.

created for

war

Virginia.—These

amounts

are

exclusive

of

bonds held by Literary fund and
Sinking fund
The Funding act of 1871 provided that
coupons
of the funded bouds should be
receivable for
State taxes. For two-thirds of the old bonds a
new
bond was issued, and fer the other
% a deferred
certificate given (as the proportion due
by West
Virginia). The act of 18.2 amended that of 1871
by net allowing coupons to be received for taxes.
The sinking fund holds $5,145,271 of State
bonds
and certificates.
All interest overdue
Septem¬
ber, 30, 1877, was $4,188,141, and the total
principal
of debt proper $29,350,816.
Assessed value of
real estate in 1876 was
$242,756,548. against $251.573,611 in 1873.
Personalty in 1876, $78,560,940.
Tax rate, 5 mills. A case
involving the taxation
of consols is on appeal to the U. S.

railroads, Jauuary, 1877, was
$3,458,145, and total debt, less that amount,
$22,852,011, including $129,U20 outstanding war¬
rants and $2,088,746
past-due interest, against
which $95,636 is owed by solvent railroads. The
State’s endorsements for railroads are $1,802,000, of
which $1,560,000 is taken care of by the roads.
Bonds to amount of $75,000 were over-due in 1876,
and $80,000 more fall due in 1877; these are fund
able at the option of the Legislature.
Later
statement, V. 25, p. 477.
Total valuations in 1877
$2)6,000,000; total in 1876, $278,020,534, against $288,('38,583 in 1875. The rate of taxation was reduced
from 40 cents on the $100 to 10 cents by the
Legis¬
Suprejme Court.
lature, in March 1877. Tennessee bonds sold in A new funding bill was passed in 1878,
which will
New York as “old,” are those issued before 1862;
probably never be carried out. (V. 26. p. 266J
“New,” issued since 1862; “New Series,” the new (V. 23. p. 599; V. 25,
p. 138, 236, 585: V. 26, p. 68.
funding bonds. (V. 25, p. 458, 477, 080, 619, 632; V. 135, 181, 109, 232,
342, 359, 384, 420, 524; V. 27, p.
26, p. 68; V. 27, p. 42, 165.)

g?

October

CITY SECURITIES.

26, 1878. J

Subscribers will confer

a

great iavor by giving immediate notice oi any error discovered in these Tables.

DESCRIPTION.
For explanations see notes

Date of
bonds.

on

first page of tables.

Albany, N. r.—Albany & Northern Railroad l’n
Relief of drafted

Washington Park

1870-’71
1870-’77

46,000
150,000

1874

1,000

.

High School

1875
1851 & ’52
1874-’77
7s)
1877

Water stock
Addit’nal supply ($400,000 due 1900-3 are
Western Avenue improvement bonds
Bonds loaned to Albany A Susquehanna RR..
Augusta, Oa.—Bonds for various purposes
City bonds, tax free

1876

Various.
1877
1863
1865
1860
1863
1853
1853

Public parks (Druid Hill)
Park improvement loan
Five million loan to Baltimore A Ohio RR....
One million loan to Pittsb. & Connellsville RR
New City Hall
do
do
do
do
Consolidated loaH
Court house loan

1868
1870
1874
1864

Funding loan
do

1870
1874
1872
1872
1873
1872
1874

(held in sinking funds)

Western Maryland Railroad
Jones’ Falls

Valley Railroad
Patterson Park exten. (held in sinking funds)
Water loan ($263,000 only are 5s)
Endorsements for Western Maryland RR
do
do
Union Railroad

Bangor, Me.—City debt
Municipal loan

1,000
500 Ac.
100 Ac.
100 Ac.
100 Ac.
100 &c.
100 Ac.
100 &c.
100 Ac,
100 Ac.
100 Ac.
100 Ac.
100 Ac.

....

100 &c.

100 &c.
....

....

proper

1858 to’72
1874
1875
1869
1869

Water loan bonds, coup. (Act Feb. 22, 1875).
European A North American Railroad

Bangor A Piscataquis Railroad
Bath, Me.—City notes

100 Ac.

1,000
500 Ac.

1,000
1,000
Various
Various.
Various

Funded debt
Railroad loan

Androscoggin Railroad.

Knox & Lincoln Railroad ($23,750 each
year)
♦ do
do
Boston— For city purposes, war debt. Ac
1852 to ’64
do
do
do
1864 to ’77
Burnt district, sterling loan
1873
Consolidated street improvem’t, sterling loan.
1869
Roxbury debt, assumed
1860 to ’64
Dorchester debt, assumed
1861 to’69
Charlestown debt, assumed
1862 to ’73
Mystic water debt, assumed
1862 to ’76
Brighton debt, assumed
1868 to ’73

Various.
Various.
Various.

1,000
1,000
£100Ae

£100Ac
1,000
Various.
500 Ac.
1,000
Various.
Various.

West Roxbury debt, assumed
i
Water loau, new main. Brookline Reservoir... 1
i*358
1,000
do
Chestnut Hill reservoir
1867 to’71
1,000
do
renewal of loau due ’70-71, all reg.
1871
do
do
’72-73
1872
£100 Ac
Water works, Roxbury, coupon and registered 1868 to ’70
1,000
....

•

do
do

Roxbury & Dorchester

1871 to’74

Dorchester, all registered
W. Roxbury A Brighton, all

do
do

do

Improved

sewerage,

leg...]

registered

Brooklyn local improvement loan
Mount Prospect Square loau

Soldiers’ aid fund loan
Third street improvement loan, local
Bushwick avenue
do
do
do
South Seventh stret do
do
do
Union street
do
do
do
Fourth avenue
do
do
do
do
do
do
do
Wallabout Bay
do
do
Kent avenue basin
do
do
New York Bridge loan, registered and coupon
Bonds for N. Y. A Brooklyn Bridge, cp. or reg.

1877-’73
1859 to ’61
1861
1857
1865
1867
1866
1865

..

..

..

Albany.—The loan to Albany & Susquehanna
is secured by 1st mortgage.
The valuation of
property in Albany County in 18 ;0, by local as¬
sessment, was: Real estate, $47,039,898 ; personal,
$5,30<’,151; total, $52,340,049. In 1876, total equal¬
ized valuation by State Board, $58,460,770.
Tax
rate, 2-49.

Augusta.—Of this debt, $600,000 was issued for
railroads, and balance for canal enlargement,

ks, Ac. Most of the debt is held at
Taxable valuation, $14,401,000; tax rate,

wor

|1 58 per $100.

Baltimore.—The fiscal

1866
1867
1862
1867
1867
1869
1870
1876-’78

•

•

•

....

1876

..

..

home.

•

reg 1875 to’77

Brooklyn—Debt of Williamsburgh, local impr’t

water

1,000

1871

Additional supply water
1872 to ’75
Various purposes, for water works
1871 to ’74
Water loan bonds, gold, coupon or reg
1875-’76
Public park and school buildings, registered..
1877-’78

410.353

555,566
185,723
5,000,000
1,000,000
1,000,000
1,000,000
500.000

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

;

#

.

1,000
1,000
1,000
....

....

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

6
6
6
7
6 & 7
7
7
6
6 & 7
6
6
7
7
6
5
6
6
6
6
6
6
6
6
6
5
5
6
6
6
6
6
6

624,000
118,000
80,000
250,000
900,000
165,000
1,000,000
1,886,250
128,500
7,306,546
5,000,000
2,211,068

250 Ac.

100
100
100
100
100

Rate.

491,000

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

1865

Various.

Baltimore—Consolidated loan of 1890
Loan of 1877, reg. stock redeem, at will
Consolidated bounty loan
Exempt bounty loan

outstanding.

$237,000

1866

City improvement

INTEREST.

Amount

or

par
value.

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

Purchase Congress Hall Block

■

Size

$1,000

1854
1864

men

New Post Office site.

Til

936,661
92,400

800^000

2,000,000
1,000,000
609,200
1,015,300
200,000
1,549,600
1,375,000
117,000

5A6
6
6
6
6
6
6

156,000
100,000
375,000
1,000,000
814,000
104,588
112,500
193,000
425,000
475,000
243,000
3,521,800
14,288,500
4,997,603
-

6 & 7
6
6
6
6
6
6

5 g.
6
5 g.
5 g-

3,449,199
392,300
104,500
1,060,000
1,228,000
183,641
410,000

394,000

2,040,000
(>88,000
1,947,273
700,000
465,000

375,000
370,000

100,000
648,000
366,000
3,452,000
550,000
143,000
138,000
213,000
90,000
552,000
302,000
236,000
216,000

258,000

5, 5*2, 6
*

7

5 & 6
5 & 6

g.

S’

6

g.

S'

4*2
5
6
7
6
7
6
7
7

Payable
M.
J.
F.
M.
M.
M.
M.

&
A
&
&
A
A
&

N.
D.
A.
S.
N.
N.
N.

F.
F.
F.
M.

A
&
A
A

A.
A.
A.
N.

7

3,450,000

6A7

6

7
7
7

Q.—J.
J.

A J.

with

Less the floating debt ($1,479,726) the amount re¬
quired is $3,399.91). The tax rate to cover fourteen
months was increased from $1 75 to $190 on the $100.
Stue taxes
having been increased from 17 ^ cents
to l81i cents on the $100, the total is therefore ’ncreased of city and state taxes from $1 921* in 1877
to

$2 G8K




on

the $100. Population in 1870

was

267,-

May 1,1879 to’85
Feb., 1881
Feb. 1, 1893-1912
Feb. 1,1912
1895-’97
1878 to ’89
1900

Augusta.
do

Balto., Fann. A Plan. Bank.

July 1, 1890
July 1, 1910

Q.-J.

Balto., Farm. A Plan. Bank.
do
do
do

Q.-J.
Q.—J.
n

Sept. 1, 1893
Sept, 1,1893
Sept. 1, 1890
Jail. 1, 1895
Jan. 1,1890
Jan. 1, 1886

Balto., Farm. A Plan. Bank.
Balto., N. Mechanics’Bank.

Q.-J.

July 1,1884

do
do
do

April 15, 1900
March 7, 1902
1885
At will.

t

Balto., N. Mechanics’Bank.
Q.-J. Balto., Fann. A Plan. Bank.
J. A J. Baltimore,Register’s Office.
J.

July 1, 1900
Feb. 1, 1894
Jan. 1,1902
April 9, 1900

A J. Balto., N. Mechanics’ Bank.
do

Q.-F.

A O.
A 8.
A J.
A J.
J. A J.
Various
J. A J.
J. A J.
J. A J.
A. A 0.
Various
J. A J.
Various
A. A O
J. A J.
F. A A.
Various
Various
A. A O
J. A J.
Various
Various
A.
M.
J.
J.

do

Baltimore,Register’s Office.
do

-

Oct, 31, 1886
March 8, 1892

do

July 1, 1894
Balto., N. Mechanics’ Bank. Jan. 1 ’90 A 1900
Baltimore, Franklin Bank.
Jan 1,1895
Boston, Merchants’ N. B’k.
1878 to ’92
Boston or Bangor.
Jan. 1, 1894
Boston, Merch’ts’ Nat. B’k.
July 1, 1905
do
do
Jan. 1, 1894
do
do
April 1,1899
1878 to 1879
City Treason*.
do

July 1, 1887

do

-

1883 to 1893

City Treasury and Boston.
do
do

April 1, 1891

do

July 1,1880 to’90

do

Feb. 1, 1902
1878 to ’87
1878 to ’97

Boston, Treasurer’s Office.
do

do

London, Baring Brothers.

April, 1893
July, 1899

do

Boston, Treasurer’s Office.
do
do
do
do
do
do
do
do

1878 to ’84
1878 to’81

do

Various
do
Various
do
Various
do
Various
do
A. A O.
do
Various
do
A. A O.
do
A. A O. London, Baring Brothers.
Various Boston. Treasurer’s Office.
do
Various
do
J. A J.
do
do
Various
A. A 0.

do
do

Various
Various
A. A 0.
Various
A. A O.

do

A
A
J. A
J. A
J. A
J. A
J. A
J. A

354, against 212,418 in 1860. (V. 22, p. 589; V. 23, p.
514; V. 24, p. 12; V. 25, p. 137, 334.)
Bangoi', Me.—The valuation of real and personal
property is $11,052,211; rate of taxation, 2 50 per
cent.
The loans to European & North American
Railroad and to Bangor & Piscataquis Railroad are
secured by first mortgages oil those roads.
Bath, Me.—Total debt, $1,730,68-3,
of which
$1,513,600 is on account of railroads. The city
holds a tirst mortgage on the
Androscoggin road
for the debt, and 2d aud 3d
mortgages on the Knox
A Lincoln for its proportion of $895,000 out of a
total of $2,395,000 bonds issued by several cities in
aid of the latter road. Unexpended balances of
appropriations and 3 per cent on ciry debt are ap¬
propriated annually to the liquidation of the princi¬
pal. Tax valuation, 1871, $6,469,480; 1876, $7,221,905.
Boston.—The population of Boston in 1870 was
292,497, against 177,040 in 1860; in 1875 it was, 341.919.
Valuation of real property in 1878, including the re¬
cent annexations, was $440,336,309,
against $481,409,300 in 1877; and personal, $190,060,909, against $205,433,400; upon which the rate of taxation is $12 80
per $1,000, against $13 10- per $1,000 in
1877.
The total funded debt April 30, 1878, was $42,457,('22,
and the sinking funds, bonds, mortgages, Ac.,
$16,297,245. The following is a comparison of the
appropriations granted by the City Council, and

do
do
do
do

do
do

J.
J.

do
do

J.
J.
J.

do
do
do
do
do
do

J.

1878 to ’91

Oct., 1878
1880 to 1901

April, 1901
Oct., 1902
1880 to ’99
1901 to 1903

Jan., 1901
1905 to 1907

do
do
do
do
do
do

Brooklyn.

J.
J.

1882 to’93
1881 to ’91
1878 to’81

do

do
do
do
do

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

year of Baltimore ends
December 31. instead of Oct. 31. The
sinking fund for Baltimore & Ohio RR. $5,000,(XX)
loan is $1,958,623; West. Maryland Railioad sink¬
ing fund, $166,180; and the,, total of all the
sinking funds, $8,640,411. The Balt. & Ohio RR.
pays interest on $5,000,000 loan; Water loan is paid
by income of water works, and Public Park by City
Passenger Railway, and out of a total debt of
$34,092,965, $19,741,853 is dependent on the tax
levy. The net debt over productive assets is given
at f>9,25 ,445, against which are held
$4,889,77^ of
unproductive assets. The estimates for 1878, owing
to the change in the fiscal year, will cover 14 months
instead of 12 momhs as formerly. The basis of estimated income to be received for the fiscal
year
taxation is $255,000,600. The amount required to be
ending April 30, 1879, compared with 1877-8:
raised, including the floating debt, is $4,879,639.
1877-8.
now

Nov., 1910, 11,’12

M. A N. Balto., N. Mechanics’ Bank.
M. A S.
do
do
M. A S.
do
do
do
do
Q.—M.
<5.—,T.
do
do

J.
J.

260,000
190,000
206,000
198,000
427,000
3,000,000

do
do
do
do
do
do
New York.

Various

J.
M.
J.
J.
J.
J.
J.

7
7

Due.

New York.
May, 1879
do
June, 1880 to ’84
Boston, Merchants’ Bank.
Feb., 1885 to’94
New York.
March, ’79 to 1900

A. A O.

Q.-J.

Principal—When

Where payable and by
whom.

-

6*2 & 7
6*2 A 7
5
6
6
5
6
6
6
5 &
5
6
6
5

When

April, 1906
1902
1901
1905
June A

Income

Per

centage

$10,26 7,258
2,369,100

$9,555,892
2,306,950

$7,898,158

$7,248,942

236,946

217,468

$8,135,104

$7,460,410

to 1904

A 1906

Oet., 1887
Oct., 1897

p

1879 to ’81
1891
1887
1885 to ’94
1881
1878 to 90

CO

3
p

CS

I'd

a

1878 to ’90

M J

1878 to ’90
1878 to ’86

ajW
Hu1
or

1878 to ’95
1878 to ’95
1878 to ’90
1879
1901 to ’24
1907 to 1912

3

ft
'

5

Placing the tax to be paid to the State at $412,740
following result:

the tax warrants exhibit the

1877-8.

City and County
State, 18.7

1878-0

$8,135,104

$7,466,410

619,110

412,74Q

$8,754,214

$7,879,150

The Auditor estimated that if the assessed valua¬
tions were reduced to $660,000,000, the tax rate re¬

quired would be nearly the same as in 1877, when it
was
$13*10 per $1,600; the total valuations, as
above, were actually made $630,427,200. (V. 26, p.
39; V. 27, p. 40.)

Brooklyn.—There

are also $27,000 7 per cent
Guard bonds due 1880-81.
The' Mayor’s
message, January 1, 1818, made the whole city debt
as follows:

Nat.

Permanent loans...;,

$28,113,500

Sinking funds

4,66u,747

Balance

King’s Co. debt (City’s share)
Loans chargeable on specified property
Tax certificates

1873-9.

Appropriations

to 1905

Total net debt

$21,452,752
3,831,180
.

10,923,000
2,500,000

$40,706,932

—The debt increased in 187f. $781,623, and in 1877
$659.382. Population in 1870, 396.200. against 266,661
in 1860. Valuation of property in 1877, by the local
assessment, was $216,481,801 for real estate, ;and
,

▼iii

CITY

Subscribers will

confer

a

great favor by

DESCRIPTION.
For explanations

see notes on

[VOL. XXVII.

giving Immediate notice

Date of
Bonds.

lirst page of tables

SECURITIES.

Size

Value.

discovered in these Tables.

INTEREST.

Amount

or

par

of any error

j outstanding.

When

Rate.

1

Principal—When

Where Payable and by
Whom.

Payable

Due.

Brooklyn—( Continued)—

Prospect Park loan, registered and coupon
Prospect Park loan

1860 to ’73
1860 to ’72
1872
1857 to ’72

...

Deficiency bonds

Permanent water loan
do

do
do

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

1872 to’75

Sewerage fund bonds, continuous, local...
do

$1,000

S’tli B’l

Assessment fund bonds, continuous, local
Central and Knickerbocker av. sewer bonds..

1870

Boulevard bonds
1873
Temporary tax certificates
1876 to ’78
Buffalo, N. T— Funded debt bonds
1853 to’75
Buffalo & Jamestown Railroad
1873 to ’75
Buffalo New York & Philadelphia Railroad..: 1871
to ’73
Water wrorks bonds
1868 to’76
Water bonds, coupon

....

1,000

1,000
1,000
1,000

.

5986027 81

J

Tax loan bonds
Tax loan bonds, coup

1

....

1,000

1876

....

1877
1858 to’63

Cambridge, Mass.—City bonds
City bonds

1864
1863
1856 to ’76

'

do
do
do
do
Water loan
do
do
do
do

Charleston, S. C.—City stock
City bonds, coupon
Fire loan bonds, coupon

1876

1876

....

500 &c.

1,000
1,000
500 &c.
500 &c.

1873-’74
1874-5

500 &c.

1S66
1866 to’76

500 &c.

1865
1867 to’75
1809-71

1,000
1,000
1,000

1,000

....

Conversion bonds, to redeem past due debt...

....

1853 to ’54
1866

....

•

•

•

•

•

Funded debt
do
Water loan

•

•

•

....

....

....

Chicago—W ater loan

....

Water loan

....

Sewerage bonds

....

do
River improvement bonds

....

....

Municipal bonds

•

Municipal and School bonds

m

mm

....

1,000
1,000
1,000
1,000
500,&c.
1,000
1,000
500 &c.

1,000
1,000
500 &c.

South Park loan (secured on South. Div.)
West Chicago Park (secured on West. Div.)...
1870
1,000
Cook County debt
1863 to ’72 500 &c.
Cincinnati— Loans to Railroads.F,A, G,H,I&
1844
to
Mjl844 to ’54 1,000

C2&C3

Bonds for Common School purposes
P
Bonds to O. & M. RR. to purchase whf.
prop. .N
Bonds for ext. ana impr. Water
W..C, D. &E
Bonds for funding floating debt
A2
Bonds for new Hospital
S&S2
Bonds for funding floating debt
L

Extension and improve. Water Works.. .K &F
Bonds to purchase Orp’n Asyl. grds. for park.O
Bonds for sewerage
R
Bonds for improving Gilbert avenue
U
Bonds to build Eggleston avenue sewer... .B3
Bonds for improvement
W,
Bonds for Water Work purposes
C4&C5
General improvement
W2
Cincinnati Southern RR
do
do
do

.

do
do
do

Floating debt bonds,
Park

improvement

($3,142,000

are

(for $2,000,000)
coupon

Canal and canal lock
8chool ($294,000 are 6 p. ct.)
House of Correction
Main sewers, special assessment

Street improvem’ts do
Street openings. &c. do
Infirmary and River dredging

$39,968,105; in 1876 rule of valua¬
$111,995,905. In

tion changed and assessment was
1877 real estate was $91,130,870;

personalty, $8,844,705; total, $99,975,575. Buffalo also pays 7-10 (being

12
f712,390)
of Erie$1,010.
countySince
debt.June
City 1,tax-rate,
1877,
1877, coupon
bonds have been
on

the

exchaugeable for registered.
22, p. 233, 521; V. 23, p. 135')
to

Cambridge, Mass.—The sinking funds

1867-’68
1853
1853
1858
1869
1869
1869
1871

1871-’72
1871

1872-’74
1874
3 876

1878
1874
1875
D1
1875
1876
1876-’77
6 p. ct.). 1854 to ’75
1854 to ’74
1872 to’74
1874 to ’76
1864 to ’71
1868
1860 to ’76

Buffalo.—The funded debt, January 1, 1877, was
$4 ,126,25^, exclusive of water bonds, and
debt, $333,273. In 1875 real and personal floating
property
were assessed at

(V.

amounted

$711,387, December 1, 1876. The investments are
nearly all in city bonds at par and stamped “ not
negotiable.” Only $52,000 debt matures before
1881.
Tax valuation, 1875,
$66,623,014; 1877, $55,O(X),0OO. Total debt, $4,805,175.
Population, 1875,

....

1855
1,000
1868
1,000
1868
1,000
1860 to ’61
1,000
1855
1,000
1847 to ’50 500 &e.
1847 to ’48 500 &c.

gold 6s)

-$13,111,215 for personal; total real and
personal,
$229,593,016, against $227,013,123 in 1876. The debt
of Kings County, separate from the debt of
Brook¬
lyn, is $4,181,821. of whieh the city is responsible
for nineteen-twentieths.
Average tax rate in 1S77,
$3 17 per $100, against $3 25 in 1876. (V. 24,
p. 63;
V. 25, p. 358; V. 26, p. *S2.)

43

....

j

Water-works bonds
Hospital bonds
Street improvement bonds, short
Cleveland— Water works ($225,000 are
Funded debt ($100,000 are 6 p. ct.)
Lake View Park

1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
500 &c.

1,000
500 &c.

The assessed value of real estate in 1877 was
$18,669,<523; personal, #7.922,155; rate of tax, $2 60
per $100.
(V. 26, p. 360; V. 27, p. 407.)

Chelsea, Mass.—Sinking fund, $45,800, and $21,000
t© be added
annually. Tax valuation, 1876, $17,759,530; rate, $1 70.
Total debt, $1,729,400. Popula¬
tion, 1875, 20,737.




J.

6
7
6
7

J.
M.
J.
J.
J.
J.
J.
J.

,

9,706,000
1,510,500
1,870,000
200,000

7 & 5

4,744,000

7 & 5

7

618,000

842,000
2,950,000
2,147,250
1,000,000
750,000
2,S29,382
100,000

7

7
6 & 7

J.

7
7
7

-

6
7

199,493
232,382
106,000
100,000
150,000
1,597,000
689,000
514,000
100,000
698,000
55,000

J.
J.
N.
J.
J.
J.
J.

e

do
do
do

a

1915 to’24
1915 to’24

-

3

1881 to 1908

s

do
do
do
do
do
do

J.
J.

J.

3 years from date.
3 years from date.
3 years from date.
1880

® -c'

r

§s

i

ZS

1875
1878-1881
1878 to 1895
1893 to 1895
1881 to 1893

O

Buffalo and New York.
Buffalo.
Buffalo and New York.
do
do
N. Y., Gallatin N. Bk.
Buffalo & New York.
do
do

M. & S.
J. & J.
J. & J.

6

-

Brooklyn.

Various
Various
Various
Various
J. & J.

7
6

100,000

&
&
&
&
&
&
&
&
&
&

do

1878 to 1926

July 1, 1896
Prior to 1936

July 1,1878-’81

do

5

July 1, 1879-’82

Various Boston, Bank Redemption.
1878 to 1882
5
A. & 0.
do
do
April
1,1889
5 g. J. & J.
Boston, Tremont Bank.
Jan. 1, 1893
6
J. & J. Boston, Bank
Redemption. Jan. 1,1881 to ’96
6
J. & J.
do
do
Jan. 1, 1903-4-5
6
A. & O.
do
do
Apr.& Oct. l,’84-5
6
J. & J.
do
do
July 2,1886
6
J. & J.
do
do
July 1,1881 to ’96
6
F. & A.
do
do
Aug. 1, 1883
6
485,000
A. & O.
do
do
Apl. 1,1887-1895
162,000
G
M. & N.
do
do
May, 1889-1891
6
3,898,454
Q.-J.
Charleston.
1878 to ’98
51,500
6
Various
do
1883 to ’84
266,800
7
J. & J.
New York City.
1890
500,000
7
149,000
A.
&
5*2
O. Boston, N. Bk. Redemption
3 879 to 1883
1,170,000
6
Various
do
do
1879 to 1895
100,000
7
F. & A.
do
do
Feb. 17, 1883
200,000
6
F. & A.
do
do
Aug. 1,1891-’97
880,000
6
J. & J.
New York and Boston.
1878 to ’97
3,660,000
7
J. & J.
do
do
July 1, ’82 to ’95
87,000
6
J. & J.
do
do
July 1,1880
7
J. & J.
2,550,000
do
do
1880 to ’95
2,621,000
7
J. & J.
do
do
1890 to '95
195,000
6
J. & J.
do
do
July, 1895 & ’96
3,408,000
7
J. & J.
do
do
1881 to’’99
2,000,000
7
J. & J.
do
do
1878 to ’79
7
640,000
J. & J.
New York (see remarks.)
1890
7
4,191,500
M. & N. N. Y., Metropolitan Bank.
May 1,1880-’92
1,062,000
6
Various N. Y., Am. Exchanc•e Bank.
1880 to ’84
210,000
6
M. & N.
do
o
Nov.,
1885
7
250,000
3-10 J. & D.
do
do
June, 1888
7 3-10 Various
300,000
do
do
1888 & 1889
6
99,000
J. & J.
do
do
Jan., 1890
195,000
6
M. & N.
do
do
Nov., 1890
397,500
6
A. & O.
do
do
April 1, 1895
146,500
6
M. & N.
do
do
March, 1897
750,000
7 3-10 Various
do
do
1897
60,000
6
J. & J.
do
do
Jan.,
1900
175,000
6
Various
do
do
June & Oct., 1900
6
100,000
M. & S.
Cincinnati.
March, 1908
7 3-10 M. & 8. N. Y., Am. Exch.
150,000
Nat. Bk.
Sept., 1899
7 3-10 M. & S.
150,000
do
do
Sept., 1899
7 3-10 A. & O.
100,000
do
do
Oct., 1899
136,000
7 3-10 M. & S.
do
do
March 1,1886
F.
450,000
7
& A.
do
do
Aug., 1886-’97
600,000
7
J. & D.
do
do
Dec. 1, 1891
700,000
7
J. & J.
do
do
July
1, 1902
9,300,000
7 3-10 J. & J.
do
do
July 1, 1902
6,000,000 6g. or 7*3 M. & N.
New York or London.
May 1, 1906

....

....

....

....

....

....

....

....

1,000,000
50,000
300,000
50,000
300,000

7
7
7
7

1,700,000

6 & 7

1,431,000
315,000
264,000
409,000
200,000
647,259

6 & 7
7
7
6 <fc 7
7
6 & 7

1,335,441

....

1,010,463
111,000

....

1876-77

'

i

1,000
1,000
1,000

....

6

M.
J.
F.
M.

& N. N.
& J.
& A.
& N.

#435,513.

Old

J;in. 1, 1878. was
certificates
of
indebtedness,
time
warrants, $2,7*4,133.

In

-Assessed Value.
Real Estate.
Personal.

$13,130,677
21.637,500
25,892,303
31,193,135
31,587,545
66,495,116
140,857,040
174,505,410
211,3 n,240
223,643,600
236,898,650
239.154,890
262,969,820
258,549,310
125,468,605

1860

1862
1865

1873
18T4
1375

131,222,460
113,684 314

$3,711,154
5,355.:i93

5,843,776
5.855,377
5,552,300
19,447,941
51,392,604
53,939,469
54.653.640
52,342,950
52,847,820
45,042,540
49,103,175
45,155,830

18

48.295.641

18
18

36,815,713

18

was

Chicago Park, and

debts of the city,

Lincoln Park loans are not
but of distinct corporations.

to'82
to ’95

to’94

to '92
to’96
to’88
1878, ’83 & ’84
1878 to’92
1878 to’84
1878 to’86
1878-’S7

.

West ^ark bonds were
but payment
(V. 23, p. 622;
522.) '

addition

to

the

issues

above

holds

$950,000 of Cincinnati Southern bonds in
In 1870 the population was 216,239,
against 161,044 in 1860. Tax rate for 1877, $29 10
per $1,000.
The following table from the books
of the Auditor of Hamilton
County, Ohio, exhibits
the assessed valuation of the
city of Cincinnati in
the year 1860, and from 1870 to 1877:

sinking funds.

Real
00
00
00
00
00
00
00
00
00
00
00
00

1878
1879
1878
1887
1894
1878

Chicigo, instead of New York,

Cincinnati.— In

$....

34,715,834
306,605, and in October, 1876,
407,661, against 109,260 in I860. The So. Park, West

Population in 1870

Jan. 1, 1896

Aug.,’85, ’90 &’95
May 1,1906

named, there remain several smaller amounts, as fol¬
lows: $108,000 5s, November, 1834;
$56,000 (YY2, &
O.) 6s,Jl886-88; $17,000 6s (Q.),.Nov., 1890; $27,000
6s (A.), Mar., :.S97; $50,000
(H2.), Aug., 1897. City

Tax
Rate.

15
20
13
14
15
15
10
15

on

May 15,1904

in New Yorkis promised herenfter.
V. 24, p. 443; V. 2b, p. 192, 289, 436,

rate, 1877, 2'7ti4. This is the Illinois State
valuation,
and the ci y debt is limited to 5
per cent of that. A
decision of th-; Ill. Supreme Court in Feb
,
1878,
held the certificates of debt issued
prior to May,
1877, as in violation of this and void. A subse¬
quent decision held city scrip of 1877 valid. Of the
funded debt, $4,540,000 is on account
of the
Water Works, which last
year yielded an income
of #842,352.

Year*

do
do
do

July, 1873, coupons

paid in

value of real
property, 1877, $113,684,314; personal, $34,715,834—total, $148,tOO.148. Tax

1853

do
do
do

....

Revenue

Assessed

Y.f Am. Exch. Nat. B’k.

Various N. Y., Am. Exch. Nat. B’k.
Various
do
do
Various
do
do
Various
do
do
Various
do
do
J. & J.
do
do
Various
do
do
Various
do
do
Various
do
do
do
do

Chicago.—The total funded debt

$13,361,000.

47,838.

Charleston■, 8. C.—The bonds of Charleston are
mostly held within the State of South Carolina.

7

1,217,000
319,000

r

Chelsea, Mass— Funded debt

Bonds for erection of a Workhouse
Bonds for Water Works

$8,017,000

Year.
I860..
1870..
1871..
1872..
1873..
1874..
1*75..
1876..
1877..

Personal

estate.

Rate tax
Total

per

estate.
valuation.
$1,000.
$61,620,904 $31,411,812 $93,032,716 $17 45
S,736,482
57,370,754
136,107.236
31 60
123,427,888
56,934,044
180,361,932
22 20
119,621,856
55,462,410
20 10
175,084,296
121,479,230
64,166,460
185,645,740
23 06
123,231,790
58,7 8,284
181,950,074
23 38
125,976,835
58,521,730
184.498,565
28 82
127,143,900 56,809,066
183,952,966
27 04
128,820,270
50,699,872
179,430,142
29 10
—The city is the sole owner of the
stock of the

Cincinnati Southern Railroad, which is leaded to a
(V. 23, p. 379, 514;
26, p. 384, 469, 522; V27, p. 94, 172, 251, 280.)
company formed to operate it.
V. 24, p. 11; V. 25, p.
16; V.

Cleveland.—The valuation

of property for taxation
$51,732j029 real, and $19,296,122 personal;
rate, 1878, 17 17-20 mills, of which 8 1-5 mills are
levied for interest and sinking fond. The
sinking
„

m

1877

tax

was

CITY SECURITIES,

October 26, 1878. j
Subscribers will confer

a gr<

at favor by giving Immediate notice of any error

DESCRIPTION.
For explanations

see

notes

on

Date of
bonds.

Size

first page of tables

Bonds.
5

Public Building stock (City Hall) bonds..
Public sewer bonds
Elizabeth, N. J— Improvement bonds
Funded debt bonds
School House bonds
Market House bonds

1873 to ’77
1877
1878
1855 to ’59
1855 to’76
1859 to’71
1872 to ’74
1871 to’74
1870 to’75
1872 to ’73
1865 to ’66

Consolidated improvement bonds

1875-’7G

Bonds due 1905
Fall River, Mass.—City notes

$1,000
1,000
1,000

1,000

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

Large.

City bonds

lOOO&e.

do

do
Water loan
do
do

,

.

Fitchburg, Muss.—City notes
City bonds

Water loan
do
Qalvesion, Texas- Bonds for various purposes... I860 to ’74
Limited debt bonds
(sinking fund 2 per cent).
1877
Galveston County bonds, G. C. & 8. F. RR....
1876
Hartford, Conn.—Water bonds ($50,000 due
Water bonds
do
do
RR )

Park bonds (4 of these bonds
Funded debt

are

for

$500 each)

cCapitol bonds

Holyoke, Mass.—City
City bonds

notes

1871-’74
1874

Wfttcrloan

($60,666

Indianapolis— Bonds

are

J.’£

to railroads
Bonds to Un. RR. Transfer Stock Yard Co..
Loan bonds, series A
do
do
B
do
do
C
do
do
D
Purchase-money bonds—Southern Park

1872
1873
1869 to ’70
1877

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

1,000

1,000
1,000
100 &c.

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

1,000
1,000
1,000
500

1,000

1873
1,000
1874
1,000
1874
1,000
1875
1,000
1874
500
School bouds—By Board of School Coimn’rs.
1873
1,000
School loan, coup
1877
Jersey City— Water loan bonds, mostly coupon. 1852 to ’67 1,000
1,000
Water loan bonds, mostly coupon
1869 to ’73
1,000
do
do
do
1877
1,000
Forty-year bonds
1873
1,000
Improvement bonds
1871
500 ifcc.
do
do
1872 to ’74
1,000
Morgan street dock
1870
1,000
City bonds, coupon
Various.
1,000
Funded debt bonds
1872
1,000
Hudson City bonds
Various. Various
Bergen school loan bonds
1869
l,000&c
do
sewerage bonds
4....
1869
l,000&c
do
improvement and water bonds
1869
1,000&c
do
bounty loan
Various.
Various
Greenville street improvement bonds
Various.
500 &c.
Ten-year bonds, coupon or registered
1876
Lawrence, Mass— Funded debt
1859 to ’64 50O0&C.
Funded debt
1862 to ’75 5000&C.
do
1874
1.000
Water loan
1873-’75 500 Ac.
Leioiston, Me— City bonds ($25,000 each year)
City bonds ($50,000 each year)
do
($110,000 due 1885, $210,000 1891)
Lewiston «fc Auburn Railroad
Water bonds
-

Louisville, Ky.—For Jeffersonville HR.
Subscription to stock of L. & N. RR

stock...

Water works
do
For improvement of streets

Re-constructing street

Public buildings and institutions
Public school and school houses
Sewer bonds
do

Amount

outstanding.

When

Rate.

*

Elizabeth & P. Railroad
Wharf property

fund, Jan.,’76. amounted to $1,700,000, market value.
The sewer, street
improvement and street opening
bonds are for special local
improvements, and
redeemed by assessments on the
property benefitted.

1852
1854
1857 to ’67
1873
1866 to ’67
1873
1871 to ’73
1853 to ’70
1868
1871
1868 <fc’73
’54,’62,3. 8

213,000

7

268,200

5, 6,7

600,000

5 g6
6

372,000

6

850,000
50,000
400,000
300,000
100,000
505,500
306,000
411,000
250,000

6

7
6

125,000
475,000
202,000
500,000
130,000
300,000

*

1,000,000
227,000
243,000
250,000

226,500
155,000
500,000

300,000

100,000
100,000

1,163,000
3,109,800
255,000
622,000
1,866,000
3,433,000
125,000
921,000
500,000
171,050
150,000
400,000
152,000
103,000
249,000

150,000

,

6
6
10
8
10
6
6
6
6
6
G
6
6
6 &
6
6
7
6
6
73
73

73
7*3
7*3
8
5

6
7
6
7
7
7

7
6 & 7
7
7
7
7
7
7
7
7

91,700

5^

133,000

G <fc 7

262,000
1,300,000
100,000
320,000
224,000
500,000

6
6
6
6
6
6
5

143,000

6

50,000

392,000
1,335,000
76,000
201,000
600,000

1,000

650,000

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

202,000
81,000
425,000
1,993,000
293,000

6
6
7
6
7
7
6
6
7

7
6

Principal—When

payable and by

due.

whom.

VariousiN. Y.t Am. Exch. Nat. Bk.
1893 & 1907
M. & 8. i
New York.
Sept. 1, ’78, to ’86
do
1898
Various N. Y., Metropolitan N. Bk.
1878 to’89
Various
do
do
1878 to 1906
Various
do
do
1879 to’91
F. & A.
do
do
1892 to'94
Various N. Y., Farmers’ L. & T. Co.
1878 to '81
Various
do
do
1880 to '95
Various
do
d(r
1881 to ’93
Various
do
do
1878 to ’86
A. & 0.
do * '
do
1885 to ’96
•

430,500
400,000
300,000

Where

'

7
7
7
7
7

90,000
66,000
2,477,000
(?)

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

1,000

6
6
7
7
7
7

200,000
141,400
1,501,000
600,000
340,500
729,500
767,000

.

payable

$1,568,000 5, 6, &7

300,000
300,000
200,000
109,500

discovered In these Tables.

INTEREST.

i

Bonds.

Railroad loan

or

par
value.

Cleveland—( Continued )-

City bonds (H. P. <fc F.

IX

_

«

.

Various
Various
F. & A.
M.
M.
M.
F.
M.
J.
J.
J.

City Treasury.
Boston, Revere Bank.
Boston, Bank Redemption.

Aug. 1,1894
May 1,1895
do
do
Nov.1,1878-1880
do
do
Nov. 1,1892-1906
do
do
Aug. 1, 1899-1905
Nov. 20,1882
City Treasury.
Boston, Merchants’ Bank.
July 1, 1893
do
do
July 1,1891
& J.
do
do
July 1,1895-1906
& N.
& N.
& N.
& A.
& N.
& J.
& J.

Various
M. & S.
J. & J.
J. & D.
J. & J.
J. & J.
F. <fc A.
J. & J.
F. & A.
J. & J*
J. & J.

Various

Galveston.
do
New York.

1874 to ’95
1907
1906

Merchants’ Bank, Boston. June 1,1879 &'81
do
do
July 1, 1881
Phoenix Bank, Hartford.
July 1,1890-’93
City Treasury.
Aug. 1, 1900
Suffolk Bank, Boston.
June 1, 1891
Merchants’ Bank, Boston. Aug. 1,1882 & ’84
Jan. 1, 1893
City Treasury.
do
Jan. 1, 1897

City Treasury.

A. & O.
do
J. & J.
do
A. & 0.
do
Jan.
City Treasury.
J. & J.
N. Y., Winslow, L. & Co.
J. & J.
do
do
J. <te J.
do
do
J. & J.
do
do
J. & J.
do
do
J. & J.
do
do
A. & O.
do
do
A. & O.
do
do
J. & J. N. Y., Merch. Ex. N. Bank.
Various
do
do
J. & J.
do
do
J. <fc J.
do
do
M. & N.
do
do
Various
do
do
J. & J.
do
do
Various
do
do
J. & J.
do
do
Various
do
do
J. & J.
do
do
J. & J.
do
do
J. & J.
do
do
Various
do
do
J. & J.
do
do
J. &D.
do
do
Various
Boston, Tremont Bank.
Various
do
do
J. & J.
do
do
A. & O.
do
do
J. <fc J.
City Treasury.
J. & D.
do
J. <fe J.
do
J. <fc J.
do
A. & 0.
do
A. <fc O. N. Y., Mercantile N. Bank.
A. & 0.
do
do
Various
N. Y., Bank of America.
M. & S.
do
do

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

Hartford, Conn.—Total debt, April, 1878, $3,050,OOJ; net. after deducting resources, $2,152,100. Tax
rate in 1877, 9% mills for city, and
8J£ for town pur¬
poses; for 1878, 8% mills for city is recommended.

1878 to 1888
1878 to 1891

do

1878 to 1886
Oct. 1,1889
Jan. 1,1900

Jan.&Apr. 1,1894
Jan. 1, 1889, to’90
Jan. 1, 1897

July 1, 1893
July 1, 1894
July 1, 1894
July 1, 1895
Jan. 1, 1899
Oct. 1, 1878
Oct. 1, 1882
Jan., 1879 to '95
1899 to 1913

July 1,1907
July 1,1913
May, 1891
1892 to ’94
June 8, 1900
Various.

July 1,1896
Various.

Jan., ’98 to 1900
July, 1889
July 1, 1879 & '89
Various.
Various.
June 1,1886
1878-1884
1878 to 1892

July 1, 1894
Oct. 1,’90, to 1906

July 1, 1878 &’82
June 1,1883 <fc ’88

July 1,1885&1901
July 1, ’93-1913
0ct.l,’97-1907-’17
April, 1882
April, 1883
1887, ’89, 91
March 1,1883
1886,’ 96, ’97
July 1, 1903
1891, ’92 & 1903
1883 to ’89

July, 1898
June, 1901
1888 & 1903
1878 to 1898

Louisville.—The funded

debt, January 1, 1878,
payable by railroad'', was
$3,182,000, against $8,258,000 January 1, 1677. Of
the $8,182,000 there is payable out of the sinking
fund $3,664,000; payable by special tax, $4,518,000.
exclusive

of

loans

Holyoke, Mass.—Bonds ell coupon, but can be
Detroit, Mich.—The amounts of bonds
outstanding
Population by census of 1870 was 100,750, against
Sinking fuid, $12,000.
Total debt.
given less those held by sinking fund. The registered.
68,033 in 1860; now estimated upon tko baais of 7 to
population in 1370 was 79,601; in 1874, by State cen¬ $96 ;,500. Tar valuation, 1877, $9,399,820. Popula¬ a voter makes 120.000.
Assessed value of property
tion, 1875, 16,260.
sus, 101.083. The value of waterworks is
was highest in 1874,
$2,483,880,
being
then $78,295,114; in 1878 ft
against a debt of $1,551,000. The water works bonds
Indianapolis.—The assessment of taxable prop¬ is $63,194,487. Rate oi taxation for all city purposesare issued on a
pledge of the city credit, and $75,000 erty in 1877 was
in
1877 was $2 25 on $100 in each district. The fol¬
$55,367,215; taxes for that year,
per year collected in taxes to pay interest on them.
$620,112, or a levy of $1 12 per $100. Tbe bonds lowing figures give the assessed property valuation
Assessed valuation, in 1878, real and
personal prop¬ to Union RR. Transfer Stock Yard Co. are secured for the past nine years. For 1870, $70,806,712; 1871,
erty, $87,865,685, against $93,709,375 in 1877, which
by mortgage on the property. The School Board $76,845,995; 1872, $77,156,642; 1873, $77,225,372; 1874,
is made on the basis or true
value, but prior to is a distinct organization from the
1876 assessments were on basis of 30
city, created $78,295,114; 1875, $75,536,812; 1876, $71,849,772; 1877,
per cent of by a separate act of the
Legislature; levies its $63,522,947; 1878, $63,194,487. In order that this
real w-lue.
Tax rate, 90 cents per $100.
own tax, which is collected
by the City Treasurer, shrinkage in values may be better understood, the
Elizabeth,N. J.—Total debt of the city of Eliza¬ but is included in tax rates and amount
following table is added:
above
beth Jan. 1, 1678, was stated at
$5,380,000, as fol¬ given. There are a few other small issues, amount¬
1874.
1876.
1678.
lows: General debt,
$2,950,000; assessment debt. ing in all to about $50,000.
Grounds & imprits.$62,218,922 1 56,380,964 $48,770,596
$2,430,000. Estimated true value of real and
per¬
«,696 40i
8,061,150
7,213,601
sonal property,
Jersey City.—The total bonded debt of the city, Merchandise
$32,000,000; assessed valuation,
5,664,930
6,897,733
6,614,821
$16,000,000. Tax rate is $2 50 within the lamp April 1, 1877, wa* stated at $14,737,450. The sinking Residuary
Personalty.......
fund was
714,860
500,9 A
595,96$
and water dietrict, and $2
10 outside.
Population City, real $770,000. Assessed valuation, 1S77: Jersey
in 1875. 25,000.
$34,581,869, personal $6,0 3,153; Hoboken, The Mayor in his message, May, 1S78, says that the
real $14,016,900, personal
$1,443,400; Bayonne, real floating debt, Jan. 1, 1878, was $1,038,654, leas
Fall River. Mass.—The
sinking fund amounted to
personal $159,776. Population by State
$‘.6l,f-02 of available tax bills. He says also: “I
$143,0 8, January 1, 1877. The water works are $5,183,255,
census in 1875 was 116,883.
against 85,000 by U. S. deem it entirely appropriate to state here that the
now completed.
Total debt, $3,5i7,04?. Popula¬ census of 1870.
(V. 22, p. 521.).
bonded debt is really $315,000 less than the amount
tion, lfc75,45,340.
above quoted, as tbe sinking fund has purchased to
Lawrence, Mass. —Total debt, $1,793,703, of which date
Fitchburg, Mass.—Sinking fund, $69,500. Total
297 6 per cent and 18 7 per cent bonds, in all
$20,009 are 7 per cents. No sinking fund. Tax
debt. $844,993.
Tax Valuation, 1876,
315 bonds of $1,000 each, which they hold as an in¬
$11,711,888. valuation, 1878.
Bonds all coupon. Population,
$23,789,090; rate, T50. Population, vestment. This
1875, 12,289.
would in reality reduce the bonded
1875, 31,916.
debt to $7,867,000. As assets against this
Galveston, Texas.—The total city debt Sept. 1, ’77.liability
Lewi ton. Me. -Total debt,
.he city owns every share, except two, of the water¬
was
901; assets,
$861,400, of which ail are 10 per cent, currency, $118,5)7. The railroad bonds w $1,203
ie issued to build
works: nearly $1,000,000 of ga9 etocK. $1,000,000 of
except $35,0^0 park 8s, due 1892-1902, and the limited the Lewiston &
Auburn
debt bonds. (V. 25, p. 283.)
1 the cities of those names.RR., which is owned by Nashville RR. stock, at 40c., or $400,000; whatf
l roperty, &c., &c.”
are




'

CITY

'

X

Subscribers will confer

a

great favor

DESCRIPTION.
For explanation 8 see notes on first page of tables

SECURITIES.

[VOL. XXVII

by giving immediate notice

Date of
Bonds.

Size or
par
Value.

of any error discovered in these
Tables#

INTEREST.

Amount

outstanding.

Rate.

When

Payable

Principal—When

Where Payable and by
Whom.

Due.

Louisville, Ky.—( Continued)—

Jail bonds
1868
$1,000
For old liabilities
1869
1,000
do
do
1870 to ’74
1,000
Louisville. New Albany A St. L. Air Line RR.
1871
1,000
Change of gauge, Louisv., Cm. A Lex. RR—
1871
1,000
Roadbed
do
do
1871 to’73
1,000
City bonds pay’ble by RRs.(mostly L. A Nash.) 1851 to’63
1,000
Lowell, Muss.—City notes
1852 to’75 Large.
Water notes
1871 to ’76 Large.
Water bonds.
7
1870
1,000

Lynn, Mass.—City
'Water notes 7

notes

....

do
Water bonds ($100,000 each year)
do
do
do
Sewer bonds ($8,000 1S78, ’80, ’81, ’83, ’85)..
‘‘Suncook Valley Railroad

....

....

40,000

1867 to’68

1867, ’8, ’9 500 Ac.
1870
1,000

Funding loan, gold
Mississippi River Railroad bonds.
Endorsement Memphis A Little Rock RR
Compromise bonds, coupon

Milwaukee—Re-adjustment bonds
General city bonds
do ‘
"do
Water bonds, coupon
do
registered

Minneapolis, Minn.—City bonds
City bonds
"

1,000

1861

500 Ac.

900,000
350,802

1,000
] ,000

1872
1872

1,000
10,000
1,000
1,000

429,000
1,171,000

500
500
500

50,000

City railroad ($20,000 payable each year)

1877
1852
1854-55
1869
1869
1870

the notes held by savings
banks. Water loan sinking fund, $69,%?.
Tax
valuation, 1876, $3<M98,4G0; 1677. $39,345,266. Total
debt, $2,331,000. Population, 1875,49,6^8.

60,000

124,500
110,000

500
500
500

115,000
125,000
1,785,122
214,000
1,155,000
73,000
1,890,000

1,000
100 Ac.

1,000
1,000
1,000

400.000

1,000

2,500,000

1,000
1,000

3,030,000
700,000
646,000

179,600
223,000

10,000
1,000

148,000

1,000

1 00,000

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

400,000
200,000

|

100
100
500
500
100
100

Ac.
Ac.

Ac.
Ac.
Ac.
Ac.

-

700,<>00

499,000
60,000
200,000
150,000

1,000

1846 to ’69|
1865-6
1870 to ’77
1871 to ’77
1865 to ’74

.

500,000

1,000
1,000

..

1866 to ’70

250,000
70,000

1,000

1,000
debt
1,000
AVaterworks loan of 1S09
8eveu per cent funding loan of 1889
Seven per cent funding loan of 1870
Jefferson City (debt assumed)
’57, ’67,’70
Wharf impr." bonds (assumed by lessees)
1870
Street improvement bonds
1871
1,000
Consol, gold bonds (gen’l and drainage
1872
series)
1,000
Ten per cent bonds, deficit and old claim
1871
Various.
New premium bonds (in exchange)
N. O. Waterw’ks Co. new bds.(for
$2,000,000)
Newton, Mass.—City bonds and notes
1864 to’75 i 1.000Ac
loan
Water
($000,000 0s, balance 5s)
1875
! 1,000
Neib York—Water stock...
1841 to ’63, 100 Ac.
Water stock
1872
100 Ac.

Lowell, Mas?.—All

242,000
100,000

1876

4,382,250
775.000

'

295,900
707,300

441,150
98,000

410,000
30,000
225,000
383,000

11,232,140

-

\

341,000
60,000

1867 to’76
1872-’74

Additional new Croton Aqueduct
Croton water main stock.*.
Croton Reservoir bonds
Croton Aqueduct bonds

1,300,000
300,000

.

Croton water stock
New Croton Aqueduct stock

|

1,000

do
r
Western division
n
do
do
do
do
Mobile— Funding bonds (act March 0, 1875)
1875
Nashville, Tenn.—Nashville A Cliatt. Railroad.
1849
Various citv bonds
1870 to’77
Neicark—Bonds, city purposes (s. fund of 1859)
War bonds, floating debt, Ac. (s. fund of
1804)
Public sebo ol bonds
Clinton Hill bonds, coup. A reg. (s. fd. 3
1875
p.c.).
Corporate bonds, coup, or reg. (act Apr. 21,’70)
1878
Sewer and improvement bonds (local
liens).
Aqueduct Board bonds
Floating debt bds, op. or reg. (act A pi. 21,’70)
is 78
Tax arrearage, bonds
”
1876-77
New Bedford, Mass.—City bonds
1861-74
City improvement
"
1875
AVar loan
Water bonds
1876

City bonds (10-20 bonds)
N.Orleans—Consol.debt ($050,000 pay’blc y’rly)
Railroad

36,000

1857
1877
1871

Conn.—Sewerage

117,000
80,000
70,000
200.000
400,000

100 Ac.

Post bonds

do
do

450,000
387,500
44,200

....

Memphis, Tenn.—School and paving bonds

City Hall

510,000
1.300,000
530,000
471,500

....

A. A O. Louisville and New York,
Oct. 1, 1898
J. A I).
do
do
1889
Various
do
do
1880, ’94 A 1901
M. & S.
N. Y., Bank of America,
Sept., 1891
F. & A.
do
do
Feb. 1,1880
J. & J.
do
do
July, 1901 & 1903
6
Various New York and Louisville.
1881 to ’93
5 to 7
Various
City Treasury,
*1878 to 1894
Various
6,6L2
do
1886 to 1894
6
M. & N. Boston, Bank
Nov. 1, 1890
Redemption.
Various
6,7
City Treasury,
1878 to 1890
Vaiious
6,7
do
1878 to 1890
6
J. A J.
Boston, Bank Republic.
July 1, ’91-’94-’96
5, 5i2, 6 Various Treas’y A Bost. Bk. Repub.
1879 to 1896
Various
5, 6
do
do
1882 to 1896
6
J. & J.
Jan. 1, 1880-1894
City Treasury,
6
A. & O.
do
April 1, 1884-’85
6
M. A N.
Suffolk Bank, Boston,
May 1, 1893
6
J. & J.
do
do
July 1, 1890-’95
6
J. A .T.
City Treasury,
1887-’92-’97-1912
5
J. A J.
do
July 1,1878 to ’85
6
F. A A.
do
Aug. 1,1879 to’87
i873 to 1902
6
J. & J.
Memphis".
1873 to 1900
6 g- M. & N.
Nov., 1900
6
7
J. & J.
Charleston, 8. C.
July. 1872
6
J. & J.
N. Y., H. Talmadge A Co.
1907
5
J. & D. Milw. and N. Y., A. Goettel.
June 1,1891
7
J. & J.
do
do
Jan. 1,1901
7
J. A D.
do
do
June 1,1896
7
J. & J.
do
do
Jan. 1, 1902
7
J. & J.
do
do
Jan. 1,1902
8
IJ. A D. New York, Park Nat. Bank,
Dec. 2, 1892
8
If. a a.
do
do
Feb. 2, 1894
8
IM. & N.
do
do
May 1, 1905
10
I Various
do
do
1881 to 1885
8
|J. Sc J.
do
do
1886 to 1900
7
J. A J.
do
do
Ju ly,’91-’96-1902
8
F. & A.
do
do
Feb. 1,1891 A ’99
7
M. & N.
do
do
Nov. 1, 1901
6
M. & N, Mobile, Mob.
Savings Bank
Nov., 1905
6
Various
New York.
1875-77-79
6
Various New York and Nashville.
1870 to ’96
6 A 7
Various
Newark, City Treasury,
1877 to ’93
6 A 7
Various
do
do
1878 to ’91
7
A. A O.
do
do
April, 1888, to’ 91
7
J. A J. Newark, Mech. Nat. Bank.
July 1, 1895
6
F. A A.
Aug. 1, 1908
7
M. A S. Newark, Mech. Nat. Bank.
1879 to ’93
7
Various
do
do
1876 A 1892
6
do
do
1908
7
F. A A.
do
do
1886-’87
A. A O.
6, 7
City Treasury,
1879 10 1889
6
A. A O.
do
1891 to 1910
5
A. A O.
1878 to 1884
5
A. A O.
1900 to 1904
6
A. A O.
1885 to 1909
7
A. A O.
1883 to 1909
A. A O.
City Treasury,
Oct. 1, ’91 A 1901
6
J. A J.
do
July 1, 1881
6
A. A O.
do
Oct. 1, 1877 to ’SG
5
J. A J.
do
July 1,1887-1897
6
J. A J.
New Orleans,
July 1, 1892
6
Various
do
1874-5 A 1894
5
J. A J.
do
Jan. 1, 1899
7
M. A S.
do
March 1, 1894 1
7
J. A D.
do
June 1, 1895
8
Various
do
1887 to 1897
7*3
J. A D.
do
Dec., 1880
7*3
F. A A.
do
Aug. 1, 1911
7 gNew
York
or
Q.-J.
London.
July 1, 1922
'
10
A. A O.
New Orleans.
April 1, 1881
5
6
7
7
7
7

605,000
500,000
107,000
350,000
1,508,000
521,000

Large.

City Ilall and School House
Manchester, N. H.—Citv bonds
City bonds ($70,000 1884, $10,000 1885)

6

86,000

!S70-’3-’5 Large.
1871-’4-’6
1.000
1862 to ’76 500 Ac.
1857 to ’67
1,000

.

Water bonds
Funded debt

New Haven,

$134,000

„

-

*

387,000 5, 6A O1^ Various
City Treasury.
5 A 6
J. A J. Boston, Comm’nwealtli Bk.
790,000
5 A 6
2,414,000
Inter’t is payable at City (
Q.-F.
500,000

2,900,000
250,000
3,614,600
4,615,000
970,637
490,000

6 A 7
5 A 6
6

M. A N.

Q.-F.
Q.-F.
Q.-F.

coupons on the-e bonds.
ured at all events, even if by inevitable mi-for¬
tune the city should fail to
pay the interest in
money.
The proposition is to issue the new com¬

as

I
r

j

cept such int. on the J
Aug. 1, 1884
gold bonds as is paid]
Aug. 1,1900
abroad, and that is I Nov. 1,1900A190G
at
Messrs,
1907 to 1917
payable

Rothschild’s in L’nd’n. I

1907 to 1911

out of
bonds

public school fund, $141,911; Clinton Hill
by sinking fund, $10,631; ta? arrearage,
$165,000; against local improvement bonds the
city holds $2,074,513 of assessments unpaid and a
lien on the property. Temporary loan bonds, Jan.
1, 1878, wrere $1,192,000.
Valuation of real and
personal property, 1876, $97,116,004. Tax rate for
all purposes, 1877, $1 96 per $100, against
$1 99 in
1876.

Population in 1870, 105,059.
New Bedford, J/a£S.--Total debt,

$1,250,660. No
Tax valuation, 1370, $22,998,014.
Population, 1875, 25,895.
New Haven, Conn.—Total debt. *939,000. Sinking
fund on City Hall loan. $47,969 73.
The city has
made a “ special loan” of '$75,000 to the New Haven
A Derby RR
and “guaranteed” $225,000 of its
second mortgage bonds, on which the city has been
obliged to pay the interest, and on $5u,000 of the
special loan. Interest advanced to the road, $82,890.

sinking fund.

,

Population, 1870, 50,840.

New Orleans.—A decision in June, 1878. holds
invalid the special tax p o\isions for consolidated

8s. Also about $145 000 overdue interest on these
issues. A mandamus was issued from theU.S. Cir¬

bonds. The float ing debt, Jan. 1, ’78, was
$1,841,928.
The assessed valuation of
property' for 1878 is
$111,123,695.real and personal. State tax, 14>$ mills;

cuit

Ccurt, and the Auditor's report says that
unscrupulous bondholders succeeded in grinding
the poverty of oar
promise bonds in exchange for the present indebt¬ their claims.” Population people the satisfaction of
about 38.000. (V.20,p.302.)
edness (including interest on past due indebted¬
Nashville, Tenn.—At the close of the fiscal vear,
ness) at 50 cents on the dollar. For judgments the
Sept. 30.’78, there were
of past-due coupons,
Legislature authorizes the payment of 55 cents.” I judgment, overdrafts.$301,185
Ac.
The total debt was
To April, '78, $1,800,600 old bonds had been funded.
$1,712,635, against $1,671,360 Oct 1,1877. Assessed
Assessed valuation of real estate, 1875,
$19,329,600; valuation of all property, about $12,OCO,OCO: tax rate,
personal, about $6,500,900. Tax rate. $2 per $100. 1877. 2
per cent.
Population in 1870, 40,230. (V. 23, p. 379: V. 21, p.
Newark.—The bonds in the first line in the table
387: V. 25, p. 114.)
arc payable out of the
sinking fund of 1859, which i




I

1, 1902

1883 A 1890

.

'

$113,663; those in second line out of
pinking fund of ISM, $1,013,623; public school bonds

$38,743,422 real, and $14,931,-

tax rate in
25.64 mills.
Lynn, Mass.—Total debt, $2,256,000. Sinking Sinkicg funds are provided for 1875,
all the bonds.
fund, $l<Ui,470. Tax valuation, 1870, $20,627,115. There is also about
$47,000 scrip issued to settle
Population, 1875. 32,600.
old railroad bonds.
Population by State census,
Manchester, N. II — Total debt, $1,019,491; assets, 1875, 101.000. (V. 23, p. 622.)
$83,367.
Minneapolis, Minn.—1Total debt, $971,500; tax
Memphis, Tenn.—'The city has been in default for valuation, 1876,
$21,834,078; bonds all coupon.
interest since Jan. 1, 1873." The total
floating debt
Mobile.—The valuation of property in 1877 was $11,July 1, 1877, was $2,005,974 of which $735,420 was 022,049 real estate and
$6,118,462 personal property;
overdue interest, and there were nominal assets tax
rate, 1 6-10 per cent. Interest was in default
(unpaid taxes, Ac.) to balance this of $2,113,690. from July, 1873. A settlement with
bondholders was
The circular of July, 1877,
urging the city cred¬ offered by Act of March 9, 1875, viz.: $510 in 6
per
itors to accept the
cent
bond
for
foilowproposition had the
$1,000 of the old 8
ing: “These new bonds are especially valuable, per cent bonds have a lien on per cent. The 5
city revenue, and
1st, because they and the coupons are made exchange for these wTas
offered at 75 per cent of
receivable in pajunent of all taxes and demands their
face.
Up to Jan.. 1878, there had been
of the' city,
and this feature is expressly made settled, of old
bonds, all except $12,10) of old
a
part of the contract with the bondholders; bonds, A, B A C
; $56,6 0 of bonds D. E A F; $38.2d, It is part of the contract, and irrepealable, 509 8s of
1871; $123,000 of Mob. A Gt. Northern RR.
that the city shall not issue
any more bonds.
8s; $16.000.wharves 8s; $30,000 Mob. A Ala. Grand
The annual levy of taxes for all
purposes will of Trunk 8s; and $151.00 ' Mob. A Northwestern RR.
course exceed the amount rf
the annual interest
Ileuce the interest is

Nov.

amounts to

per cent of its average assessed value for five years.

In 1876, valuation was
763 personal property;

1879 A 1880

Comptroller’s Office, |
House, ex-

New Court

5, 6 A 7
5, 6 A 7 M. A N.
6
Q.-F.
6
Q.-F.

Milwaukee.—The city cannot issue debt beyond 5

1879 to 1895

July 1,1905

“

city tax, 15 mills; total tax, 29X- A scheme for
settling the debt by a bond premium drawing plan
is in practice, and
drawings take place January 31,
April 15, July 31,.and October 15. Popolation in
I87‘>. 191,4l8;'in I860, 138,670.
(V. 26, p. ^36, 617;

out of

.

~

V. 27, p. 149. 228.)
Newton. Ma*s. Total debt, $1,232,034. Tax valu¬
ation, ls78, :$25,012.930; rate, $13*89 per $1,000.
Population. 1875. 16,105.
New York dtp.—The total debt of New York,
Jan. 1, 1878, was $148,821,057; the amount of

October 26.

CITY SECURITIES,

1878.J

suDucrlbers will coaler

bjr giving Immediate notice of anjr error discovered

great favor

a

DESCRIPTION.

Size

Date of
Bonds.

For explanations see notes on first page

of tables

INTEREST.

Amount

or

outstanding.

par
Value.

Rate.

When

payable

Where payable and by

100 Ac.
18G9
M. A N.
7
$450,000
1857 to ’59 100 Ac.
6
3,341,071
Q.—F.
500
1874
7
1VL A N.
500,000
500
1877
M. A N.
24,000
5
Central Park fund stock
1856
100 Ac.
5
Q.-F.
399,300
Central Park improvement fund stock....
1858 to ’71 100 Ac.
6
3,849,800
Q.-F.
Dock bonds
1870-’78
500 Ac.
6,270,000 6g.,5,6,7 M. & N.
Market stock
1865 A’68 100 Ac.
6 A 7
M. A N.
296,000
City Cemetery stock
100 Ac.
1869
7
M. A N.
75,000
City improvemlt st’k (part red’inable after ’90)
1876
500 Ac.
2,215,900 5 A 6 g. M. & N.
do
do
1870-’73
500 Ac.
M. A N.
7
7,269,400
Lunatic Asylum stock
1869-’70
100 Ac.
6 A 7
M. A N.
700,000
Fire Department stock..,
1869 ’70
100 Ac.
6
M. & N.
521,953
Fire telegraph bonds
100 Ac.
1870-’73
6
597,586
M, & N.
Tax relief bonds
1869
100 Ac.
7
M. & N.
2,767,000
do
do
500
1870
Ac.
coupon
7
M. A N.
3,000,000
1869-’77
500 Ac.
5 A 6
M. & N.
3,000,000
Accumulated debt bonds
1869-’70
100 Ac.
7
M. A N.
6,500,000
Street improvement bonds
100 Ac.
1874-’77
3,661,739 5, 6 A 7 M. & N.
Street opening and improvement bonds...
1871
100 Ac.
7
M. & N.
1,000,000
Ninth District Court-house bonds
1871
500 Ac.
7
M. A N.
300,000
Department of Parks improvement bonds.... 1874-’77 500 Ac.
3,498,000 5, 6 A 7 M. A N.
Assessment bonds
1874-’7S
500 Ac.
12,616,000 5, 6 A 7 M. A N.
City parks improvement fund stock
1871-’78
500 Ac.
5,659,000 5,6,7A6g M. A N.
Normal school fund stock
1871
500 Ac.
6
M. & N.
200,000
Public school building fund stock
1871
500 Ac. i
M. & N.
6
636,000
Additional Croton water stock
1871-’73
500 Ac.
1,155,000 5, 6 A 7 M. A N.
Sewer repair stock
1872
500 Ac.
6
M. & N.
265,000
Consolidated stock
1874
500 Ac.
6 A 7
8,779.700
Various
do
20-50 (redeemable July’96;
1876
500 Ac.
5 A 6
M. & N*.
2,058,350
Museum of Art and Natural History stock.... lS73-’76 500 Ac.
5 A 6
936,000
M. A N.
Third District Court-house bonds
1874
M. & N.
5 A 6
398,000
Armories and drill-rooms
1877
500 Ac.
5
M. A N.
375,880
Liquidation of claims and judgments
500 Ac.
1875-6
5
M. A N.'
488,475
1876
500 Ac.
6
M. A N.
1,240,000
1862 to’68 100 Ac.
6
M. A N.
County Court-house stock
2,140,000
do
do
No. 3
1871
100 Ac.
7
M. & N.
600,000
do
do
No. 4&5
1872
5 A 6
M. & N.
527,600
Soldiers’ bounty fund bonds
1864
100 Ac.
6
M. & N.
4,000,000
Soldiers’ subs, and relief red. bonds
1864
100 Ac.
6
M. A N.
946,700
Soldiers’ bounty fund bonds, No. 3
1865
100 Ac.
M. & N.
7
745,800
Soldiers’ bounty fund red. bonds, No. 2
1865
100 Ac.
7
M. A N.
376,600
Riot damages red. bonds
1864
100 Ac.
M. & N.
6
500,000
do
1864 to’72 100 Ac.
indemnity bonds
6
M. A N.
855,204
Assessment fimd stock
1868 to ’72 100 Ac.
6
M. & N.
1,719,400
do
do
*.
1873
100 Ac.
M. & N.
6 A 7
493,200
do
do
1875
100 Ac.
M. & N.
6
900,450
Repairs to buildings stock
1870
100 Ac.
6
M. & N.
100,000
Consolidated stock, gold, coupon’
1871 to ’72 500 Ac.
6 g. M. & N.
14,702,000
Accumulated debt bonds
1869 to ’70 100 Ac.
M. & N.
7
6,000,000
N. Y. and Westchester Co. improvement bonds
1870
100 Ac.
M. A N.
6
30,000
Consolidated stock
1874
100 Ac.
7
J. & D.
1,680,200
For State sinking fund deficiency
1874
100 Ac.
M. A N.
•.
7
3,119,600
Debt of Westchester towns annexed
1,100,000

P
o

July 1, 1898

h

1862.3409^’>57,

•

....

coup,

(pav’g, $189,300, J.AJ.)
on water

works.).

Philadelphia—Bonds prior to consolidation
Bonds for railroad stock subsidy subscript’ns
for water works
for bridges
for park and Centennial
for war and bounty purposes
sewer, Ac

....

....

....

1858-’73
1862-’71
1309-71
lS09-’77
1863-’G5
1877
1877-’78
....

1855
1855 to ’71'
1859 to’701868 to’70
1862 to '65
1860 to’70

Guaranteed debt, gas loans
Peoria, Ills.—Schoolloan
Water loan ($50,000 each year)

•

•

.

1,027,287
222,000
415,800
500,000

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

125,000

1870-’74
1872-’73
1871
....

Renewal bonds, “B”

municipal, school,

•

....

Funding bonds, “A”

50,000
160.000

300,000

500
500
500
500
500
100 Ac

164,000
130,000
110,000
38,000
353,000
133,500
.100,000

500

90,000

,

6,630.021

....

1,725,000
6,500,000
4,853,500

.

.

.

.

0

8,701,000

....

....

....

....

....

....

....

11,650,000
15,509,750
5,599,100
94,500
100,000

....

Water loan
do

XA

®o

1878, ’82, & ’88
.+3

1879 to’82
1890
Nov. 1,1878 to ’82

02

5*
*■3
x^

Nov. 1,1878 to’82-

1901-1904
Nov. 1,1891
Nov. 1,1891
Nov. 1,1891
Nov. 1,1882 & ’85
1894 to ’96

©

J
^
£.2

May,’97,1916-’26

....

Bounty loan ($21,000 each year)

.

sinking funds $31,080,007.

.

.

.

....

The following statement

....

....

*7

7
6
6
5 A 6
6
6
6
6
6
6
6
7
10
7

J.
-

Personal
estate.

$1,000.—,
City.

State.

$

174,624,306
172,416,031
191,967,161
1864. .410,774,435 223,920,505
181,423.471
257,994,974
276,389,451
285,199,972
im.684,183,918 281,142,696
305,285,374
306,947,233
306,949,422
1*73..836,693.3S,> 292.5' 7,643
272,431,181
21 \300,154

1876. .892,428,165 218 626,178

206,028,460

lSTK.mSSS^OO 197,532,075

Net
debt.

$

1884 to’88

og

1894 to ’98

1883 to ’90
1880 to ’81
1895 to’97
1891

3*3
+->

p*

1879

1882
1887
1903
1910
1884 to’88
1896 to 1901
1884 to’88
1891
1896
1879 to’86

■9 68

!§
is,
i*

1-4

do

administration

D.|

& J.
A
A
A
A
A
A

-

Dec*., 1878-1900

do

June, 1887

do

do

increased as follows : 1869, $35,983,647 ; 1869, $47,791 84) ; 1870, $73,373,552 : 1871, $88,369,3^6 ; 1872.
$95,582,153. Then followed an almost entire change
of administration, and many sincere efforts to econ¬
omize expenditures and diminish the increase of
the public debt.
But such efforts were only to a

1901-1904
1878 to’85

Pliila., Far. A Mech. N. B’k

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

A D.

known

Dec., 1878-1886
1882-1902

do
do
do

do
do
do
do
do
do

do
do
do

1878 to 1903

do
do
do
do

do

City Treasury,

Ring” to full control. This dynasty con¬
power for nearly five years, until 1872,
during which period the aggregate debt of the city

1878 to '85

do

Sept., 1890
Norfolk, Cit. A Peop. Banks Apl., ’92; July,’9S
New York, Park N. Bank.'
May, 1901
Oct. 1, 1893
Boston, Bank Republic.
do
do
Jan. 1, 1898
do
do
April 1, 1907
do
Jan. 1,1890 A ’98
do
do
do
Jan. 1, 1905
City Hall, by Treasurer.
Dee., 1878-1904
do
do
Dec., 1879-1900

A

62 16 36 r 20,087,301
87 13 45
21,695,506
27 16 08
26,185,190
31 17 29 ! 33.769,601
96 24 94
35,973,597 limited degree successful, as the following table
94 19 06 a 33,654,633 of its increase from 1873 to 1876 will show:
67 22 m 2 32,914,421 1873
...$106,363,471 | 1875
$116,773,724
13 20 17
35,983,647 1374
he
114,919,969 | 1876
119.811,310
9 98 a 47,791,840
72
The outstanding assessment bonds (payable out
70 19 80 12 73,373,552
43 17 00 a 88,369,386 of local assessments on property benefitted) are
20 33 81
95,582,153 represented by advances to contractors, advances
41 19 59 £ 106,363,471 on Boulevard work, and uncollected local assess¬
6 95 21 05 3115.187,969 ments The new consolidated 5 per cent gold bund*,
(V.
'—29 40 —' • 116,773,721 for *6,900,<0', were taken Oct., 18 8. ar 105‘28
'—28 00--'
119,811,310 25. p. 17, 196, 358, 458; V. 26, p. 41; V. 27, p. 228. 252,
'—26 50-^
117,741,050 303.)
^—25 50—' l
Norfolk.—The “Trust” bonds dae April, 1892.
3
3
4
5
4
3
4
6
2
2
4
5
5

July 1, 1879

Nov. 1,1878 to’80
1878 to ’92

_

do

,lions

raise

“the
tinued in

iC3

a§

do
do
do

as

Rate tax p.

U

& D.
A J).

The tax rate for 1877

corrupt

lows:

©
w.

Norfolk, Treasurer’s Office.
M. A 8.
A. & O.
M. & N.
A. A O.
A J.
A. A O.
A J.
A J.
A D.

was
placed at $26 50, to
$29,178,940.
By an act of 1874 the towns
of West Farms, Morrisania and
Kingsbridge, em¬
Description. * Jan. 1, ’77. Jan. 1,’78. Oct. 1, ’78. bracing about 12,000 acres, were annexed to New
Funded debt... .$119,631,313 $121,440,133 $119,167,415 York. The report of Comptroller Kelly to August
Sinking funds.. 28,179,102 31,080,007 39,813,4S8 1, 1877, is given at some length in V. 25, p. 193.
Last report of Comptroller in Vol. 27, p. 252. Mayor
Net debt
91,452,211
90,360,1*6
88,353,927 Ely, in his me-sage Jan. 1878. remarked: From an in¬
Temporary debt. 22,371,400 21,329,500 20,939,500 debtedness of about $18,000,000 on Dec. 31, 1857, at
the expiration of ten years, namely, December 31,
Revenue bonds..
6,104,844
6,051,424
19,727,817
The population of New York by the U. S. census 1867, the amount had increased to $32,914,421 26.
in 1870 was 922.531, against 805,658 in 1860. Since This covered the period of the war, during two
Jan. 1, 1861, the valuation, rate of taxation, and years of which, 1863 and 1814, more than $12,000,000
was added to the debt.
From >867-8 may be dated
net funded debt at end of year, have been as fol¬
thh accession of the

shows the derails of funded debt, and the amount
in the city ticking fund at the dates named;

1903

Nov. 1,1890
1880 A 1881

..

6
6 A 8
8
8
7
7
5
6 A 7
7
7
7
7

195,000
155,000 7,6g.A7g
10
42,000
7
100,000

....

Peoria A Rock Island Railroad




© ©
© oo

®

100
100
100
100

....

do
Water loan ($50,000 1S90, $250,000,1898)...
Court House
Patei'son, N* J.—School bonds
Funded debt bonds
Improvement bonds
Sewer bonds ($125,000 are M. AS.)
War bounty bonds.

$

1889 & 1892
1889
1899
1884
1879
1890
1905 A 1926
1884 to’88

•

©

paving,

Rea
Year. estate.

’89,’92’96 A 1926

1

.

’8

1894 & 1897
1888

,

Coupon bds, water (a mort.
Noncich, Conn— City bonds
City bonds
•.

do
do
do

1887 A 1895
Nov. 1,1901 to

.

Norfolk, Ya.— Registered stock

do
do

1880
1887 & 1898
1879
1880

©

X3

....

.

Princi pal—When
due.

whom.

New York—( Continued)—
Croton water pipe bonds.
Cent. Park fund stock ($2
Improvement bonds

Trust &

lu these Tables*

1878 to 1905
1883 to 1905
1878 to 1890

do
do
do
do

June 1,1888
1889-1891
Mch 1, 1882 A'83

do

July 1, 1888

May 15,1879 &’81

are secured by
deed of trust on city property.
Coupons of 1st series are payable at Citizens’ Bank;
coupons of 2d series at People’s National Bank.
Tax rate, $1 60; water tax, 40 cts., (special); total

rate, 2 per cent.

Philadelphia.—The tofal funded debt, January 1,
was $55,722,141; guaranteed debt, $5,999,400;
floating debt, $11,893,810. Sinking funds, $12,333,367.
Total disbursements of the city for 1877 were
$15,785,15S, classified as follows: Judgments, Ac.,
1878,

$609,162; interest

on

city loan, $3,761,968; interest

city warrants, $652,181; sinking funds, $809,245;
warrants of previous years, $3,377,205; amount paid
on
loan warrants. $832,553; erection of public
buildings, $230,379; cash for the departments,
$462,461. On Oct. 1, 1878, the Comptroller’s books
on

showed

funded debt

$8,885,607; cash

on

$61,104,441;
hand, $2,491,648.

floating debt,
The following

table exhibits the assessed valuation and tax rate in
he city since 1871:
Real
Rate Tax.
Personal
Year.
Estate.
Estate.
per $1,000'
1872
$ 20 80
$8,608,819
$502,415,863
21 50
1873
8,930,700
518,234,568
22 00
1874
539,003,60*2
9,239,933
21 50'
1875
9,434,873
565,849,095
1876
21 50
585,408.705
10,004,673
22 50
1877
593,313,532
9,755,000
21 50
1878
586,988,097
There is no large amount of city debt maturing in the
next five years.
Assessed valuations of real estate
for 1878 are: Full city property, $529,662,758; tax

$2 15: suburban property, $37,813,901: tax
rate, $143K; farm property, $19,511,4:38; tax rate,
$1 07Population, 1870, 674,022, against 565,529

rate.

in 1*60.

Peoria, IU —Total debt, $712,603; tax valuation,
1876, $14,574,105.

•

CITY

XU

Subscribers will confer

a

on

Date of
Bonds.

first page of tables.

Pittsburgh^—Water exten. loan (coup,

•

or

Size or

Amount

par
Value.

outstanding.

reg.)... 1868 to'74

$4,413,400

Funded debt and other municipal bonds
1845 to '72
1863
Compromise
railroad bonds (coup, and reg.)..
Bonds impr. Pcnn.av., Ac. (local assessment). 1871 to *73
Portland, Me— Loan to Atl. & St. Lawrence RR. '68,'69,'70
Loan to Portland A Rochester Railroad
do
do
do
do
Portland & Ogdensburg

1867 to'69
1872
1872
Municipal—proper
1852-75
Building loan bonds
1867
Providence, R.I.—Bonds for public improvem’ts
1855
Recruiting and bounty bonds
1863
Water loan bonds, gold, coupon and reg
1872
do
do
do
1874
do
do
do
1876
City Hall & sewer loan b’ds, sterling, cp. or reg
1875
A
Prov.
Springfield RR. bonds, guaranteed..’
1872
Brook Street District notes
1877
Rochester, N.T—To Genesee Valley Railroad
To Roch. & State L. and R. N. A P. Railroads.
For various city improvements
Water works loan, coupon and registered
..

....

....

m

m

m

m

....

FundiBg loan
Rockland, Me.—City bonds

2,241,000
2,179,469

_

.

.

....

500 Ac.

1,000
lOOOAc.
lOOO&c.
lOOO&e.
lOOOAc.
lOOO&c.
£100
....

1,000
1,000
lOOOAc.
Various
lOOOAc.
....

....

....

1871
Si. Louis—Renewal and floating debt bonds
1846 to '71
Real estate, buildings and general purposes.. 1840 to '68
Street improvement bonds
1851 to '66
Water work bonds (old)
1856 to '58
Tower Grove Park bonds (gold)
1868
Sewer bonds
1855 to’69

1871 to '73
1873

1,922,000

Various
Various

1,223,000
166,000
336,000
346,000
885,000

Various
1,000

1,000

500

461,000

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

300,000
1,180,000

1867

1868
1872

1873 to '76
1875
1875
..

....

....

1868
.

.

....

100 &c.
100 &e.

....

....

do
1877
San Francisco— Bonds of 1858, coupon
1858
(gold)..
Judgment bonds, coupon (gold)
1863 to '64
Central Pacific Railroad, coupon (gold)
1864
Western Pacific Railroad,
de
do
1865
School bonds,
do
do
1866 to '67
Judgment bonds,
do
do
1867
School bonds
1870 to'72
School bonds
:
1S74
Park improvement bonds
1872 to '75
Hospital bonds
1871 to '73
House of Correction bonds
1874

Construction of waterworks..
Improvement of Savannah River

Savannah, Albany A Gulf Railroad
Funding coupons and other purposes
Redemption of bonds
do

city improvements

1875 to'76
1876
1853

Pittsburgh— Cash valuation in 1876:
Real
$120,371.769; personal, only $2,570,404,
according to Comptroller’s report; “Occupation,'’
$15,273,030. Sinking funds, $473,277. Tax rate,
property,

1,000
1,000
500
500
500
500
500
500
500
500
500
500
500
500
.

.

Ac.
Ac.
Ac.
Ac.
Ac.
Ac.
Ac.
Ac.
&c.
Ac.
&c.
&c.
.

J

500
500

1853
1853

1866
1869
1870

500,000

499,927
67,210
263,125
200,000
100,000
100,000

112,000
300,000
500,000
398,500
542,000

435,500
377,000
250,000
197,000
246,000
385,000
200,000
475,000
210,000
150,000
750,000
915,000

198,000

1,000

64,500
937,500
368,800
117,000
349,500
534,000
500,000

500 Ac.

400,000

500 &c.
100 &c.

1,000
500

1870
1872
1873

Harbor, &c., improvements
For floating indebtedness

2,300,000

1,000
Various
Various

^

....

Water loan

600,000
550,000

1,000

....

.

100,000

500,000

Various
500 Ac.

....

Salem, Mass.—City debt
City debt

—

1,250,000

1874

1867 to ’71

City Hall construction
Widening Dupont St. (Act March 4, 1876)

3,950,000

1872

1853 to '55

8 per cent bonds
Lake Superior A Mississippi Railroad
8t. Paul A Chicago Railroad
Public Park (Como.)

1,143,000
681,000
1,074,000
707,000
2,072,000

Preferred bonds

do
Bonds for

Various

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

1875

Park bonds, coupon, gold
County bonds
St. Paul, Minn.—Revenue bonds

Savannah, Ga

500

1852 to'68 Various
1867 to '70
1,000
1872
1,000

Renewal, gold

150,000
205,000
431,500
150,000
299,400
500,000

....

Bridge bonds

General purposes, gold

400,000

.....

....

County Jail

300,000
2,000,000
2,000,000
1,500,000
1,397,250
500,000
700,000
168,000
750,000
961,636
3,182,000
410,000
161,125

....

....

Renewal bonds, coupon
Bonds to railroads, coupon
Insane Asylum

700,000
450,000
1,350,000
2,195,200
568,000
600,000

-

Railroad loan
do
do
SI. Joseph, Mo.—Bonds to St. Jo. A Den City RR. 1860 to'69
500
Bonds to Missouri Valley Railroad
1869
500
Bonds for various purposes
1858 to'69 100 &o.

coupon.

787,000

500 Ac.

....

Harbor and wharf bonds
New water work bonds (gold)
do
do
do
Renewal and sewer bonds (gold)

5,028,800

1,000

1875

Renewal purposes, gold or sterling
Renewal, Ac., bonds, gold, $ and £
Renewal, Ac., bonds,gold or sterling,
Bridge approach bonds (gold)
Bt. Louis County bonds assumed—

[Vol. XXVII.

favor by giving: Immediate notice of any error discovered In these
Tables.

great

DESCRIPTION.
For explan ations see notes

SECURITIES

1,000

INTEREST.
Rate.
7
6 & 7
4 A 5
7
6
6
©

®

®

When

Philadelphia.
1893 to ’98
Various Pittsburg, Pliila. A N. Y.
1877 to 1912
J. A J. New York, B’k of America.
1913
Various
Philadelphia.
1883 to’85
M. A N. Boston, Blackstone N. B’k.
Nov., 1886,'87,’88
J. A J. Boston, Columbian Bank.
July, 1887

®

....

....

m’nthly

g.
ggg-

J.
M.
J.
J.
J.
J.
J.

....

5 A 6

7

6

g-

F. A A.

Various
Various
g.
ggg.
g.
g.

J. A D.
A. A O.
Various
M. A N.
M. A N.
J. A J.

g.

J.

$18,708,500;
personal, $11,951,855. Tax rate, $25 per $1,00:>.
Population in 1870, 31,413, against 26,341 in 1860.

$691,272

tion

by U. S.

100,800.

census, ’70,68,901; by State census, ’75,

paying the interest out of said receipts.

Real prop¬

$2,000,000.

Rockland, Me.—Total debt, $965,292.
We are
compelled to omit the details as to months when




revenue

1,731,670
2,ftll.6<>9

Municipal revenue collections
Special collections
Proceeds of anticipation notes

322.416

725,000

Proceeds of renewal bonds

April 11, 1878..

$5,900,941
.

40,944

$5,859,996
treasury April 10, 187S

do

do
do
N. Y., Nat. B’k Commerce.
do
do
St. Joseph and New York.
N. Y., Nat. B’k Commerce.
N. Y., Nat. Bank Republic
do

do

do
1879 to 1906
do
do
1879 to'86
do
do
1880 to'83
do
do
Aug., 1898
do
do
1878 to'89
do
do
1879 to '88
New York and St. Louis. June, 1887, to '90
N. Y., Nat. B’k Commerce.
April 1,1892
do
do
1891 to '94
New York or London.
Nov. 1,1893
do
do
May 1, 1895
do

$110,000.

do

July 1, 1894

^

Dec. 10,1892

$654,431

Comptroller gives the following in his

re¬

port to April, 1878: The liabilities appear asfollows:
The bonded debt at the close of fiscal
year (April 9,
1878), was $15,996,000; the bonded debt of the late
county, assumed by the city. $6J-59.090.
Other
liabilities—claim of St. Louis Gaslight Co. for
gas
furnished, with interest, $685,000. The sinking
fund is as follows: Assets of this fund at com¬
mencement of the present fiscal
year, $590,095.
The resources available this fiscal year will be about

Assessed valuation of

limits, $159,334,840; in

property in 1878,
limits, $14,416,-

new

400; total taxable valuation in city, $173,771,240.
Tax rate for city purposes in old limits, $1 75;
in
new limits, $) 50.
(V. 25, p. 201; V. 26, p. 290, 359,

436; V. 27, p. 229.)

St. Paul, Minn.—Population in 1870 was 20.030;
in 1875, by State census, 33,237. Assessed valuation
of taxable property,
$27,755,926. or about one-half
of the actual value. (V. 15, p. 626.)

Salem, Mass.— The sinking fund amoun's to
$173,063, and the bonds are v lued at par; $1,146,000 of debt coupon; balance registered;
total,
$1,452,678. Population, 1875,25.958. Tax valuation,
1875, $26,312,272; 1877, $25,810,600.

351,000

$6,544,427

Balance in

Boston, First National Bk.

in old

San

of

The

Rochester.—'The bonds of Genesee Val. RR. loan.
$168,000, are provided for by net receipts from a
.lease of said road to Erie Railway Company after
erty assessed. $48,000,000; personal,
Rate of tax, 1877, $2 per $100.

the resources were:
Balance April 11, 1877....

were
on hand

1877 to 1897
1878 to 1899
1873 to 1899
1878 to 1899
1880 to'89
Nov., 1889
1878 to '89
1891
1879 to'91

’

Louis.—Population by the U. S. census in 1870
310,864, against 160,773 in 1860. The city aud
county were merged by law in 1877 and city as¬
sumed the county bonds. In the last fiscal
year

expenditures

1905

City Treasury.

“

St.

The

1879 to 1903
1893
1878 to 1902
Jan. 1,1903

J. A J. N. Y., Nat. Bk. Commerce.
1879 to 1881
J. A J.
do
do
1879 to 1880
7
J. A J.
do
do
July 1,1887
7
M. A S.
do
do
Sept. 1,1883
6 g- J. A D.
do
do
June, 1892
6 g- J. A J.
do
do
1893 to 1896
6 g. A. A 0.
do
do
April 1,1905
6 g.c M. A N.
do
do
May 1,1895
12 A 7 M. A N. N. Y., Kountze Brothers.
1878 to'90
7
M. A N.
do
do
1878 to '86
8
Various
do
do
1889, '90, '96
6
J. A D.
1888 A '98
6
J. A D. N. Y., Kountze Brothers.
1900
7
do
do
5 A 6
J. A J.
City Treasury.
1879 to 1889
6
J. A J. Boston, Merchants’ Bank.
Jan. 1, 1891
6
A. A O.
do
do
Apl. 1, 1883-1898
5
J. A J.
do
do
July 1,1904
6 g- J. A J.
San Francisco.
Jan. 1, 1888
7 g- A. A O.
do
Oct. 1, 1883
7 g. J. A J.
do
1, 1894
July
7 g. M. A N.
do
Mayl, 1895
7 g. A. A O.
do
April 1,1881
7 g. A. A O.
do
Oct. 1, 1887
7 g. J. A D.
do
June 1,1882 to '90
6 g. J A J.
do
July 1, 1894
6 g. J. A J.
do
1897 & 1904
6 g. M. A N.
do
Nov. 1, 1891
7 g- J. A J.
do
July 1,1894
6 g.
do
1899
7 g- J. A J.
do
1896
7
F. A A. New York and Savannah.
Feb., 1878
7
M. A N.
do
do
Nov., 1883
7
J. A D.
do
do
1888Dec.,
7
J. A J.
do
do
Feb., 1886
7
M. A N.
do 51
do
Nov., 1879
7
J. A J.
do
do
June, 1890
7
M. A N.
do
do
Nov., 1900
7
J. A J.
do
do
Jan. 1 1902
7
J. A J.
do
do
July 1. 1903

was

Unpaid warrants

Sept. 1,1880-’84

7
6 g.

Portland, Me.—The sinking fund March 31. 1877,
was $664,999.
The city is protected by mortgages
on
Atlan. & St. Lawrence, Portland & Roches¬
ter and Portland & Ogdensburg Railroads.
As¬

Providence, R.I.—The principal debt of Providence
has been created since 1872 for water works, sewer¬
age and new City Hall. The floating debt at close of
fiscal year Sept. 30, 1877, was $2,497,196,
including
above Brook Street notes and $s00.0.0
High School
notes. The assessed valuations of all
property in 1877
were: real estate, $85,789,800; personal,
$32,085,000.
Rate of tax, $14 50 per $1,000. The sinking fund
for bonds due in 1885, $479,237; sinking funds of
1893. $176,552; ’95, $78,264; 1900-6, $98,045. Popula¬

1892

A D. N. Y., Nat. B’k Commerce.

debt matures, as the necessary information could
not be obtained of the treasurer.

Interest

1,11895

Providence.

.

Semi-au
J. A J.
F A A.
M. A S.
Various
M. A N.
Various
J. A J.
Various
Various
Various
Various

St. Joseph, Mo.—Population in 1870 was
19,565,
against 8,932 in 1860. Assessed valuation of property,
$11,000,000; rate of tax, *23 mills. (V. 23, p. 135, 175;
V. 25, p. 408.)

<V. 24, p. 542.)

.

M. & S.
Treasury.
J. A J. N. Y., Metropolitan N. Bk.
F. A A. New York and Rochester.
Various
do
do
J. A J.
N. Y., Union Trust Co.
do
do

1877, 2X mills. Population about 140,000. Interest
defaulted April, 1877. (V. 24, p. 519, 591; V. 26, p.
159, 181, 368, 471; V. 27, p. 68.)

sessed value of real estate in 1876, was

Sept. 1,1907

Boston and Portland.
do

1877 to '91
A D.
June 1,1877 &'87
A S.
Providence.
Sept., 1885
A J.
do
Jan., 1893
A J. Boston, Prov. and London.
Jan., 1900
A J. N. Y., N. City Bank, A Prov.
Jan., 1900
A J.
do
do
July 1, 1906
A J. London, Morton, Rose A Co
July

..

6
6
6
6 &
7
10 A
10
6
6
6
6
6
6
6
6
o
6
6
6
6
6

July 1, 1897

Boston, Blackstone N. B’k.

6

5
7
7
6 & 7
7

Due.

A. A O.

....

5 &
6
6
5
5 & 6
5
5
5

Principal—When

Where Payable and by
Whom.

Pay’ble

Francisco.—Population by the U. S.

1870

census

149.482, against 56,802 in 1860.
Real
estate for the fiscal year ending June 30, 1878, is
assessed at $190,221,003; personal property at $70,041,340. About $54,000,000 of mortgages are now
was

omitted from assessment.
Sinking funds raised
annually amount to $263,500
Tax rate in 1S77-8 is
$1 69 per $100, for city and County purposes.

Savannah, Ga:—Default

was

made

on

interest due,

Nov. 1, 1876, in consequence of yellow fever and
non-collection of taxes.
The latest proposal for

compromise is given in V. 25, p. 625, by which new
5 per cent b^nds are to be
exchanged for the face
of old bonds; and for interest up to Feb. 1,

per cent of ihb face value in
Assessed value,of real estate,

1S79, 58

similar

bonds.

$14,000,000;

per¬

sonalty. $4,200,000; tax rate,
per cent. Popu¬
1879, 28,235, against 22,2 «2 in 1860.
(V.
24. p. 434, 542; V. 25. p. 4lf 80, 38 \ 593; V. 26, p. 18,
626; V. 27, p. 122. 173.)
lation in

October 26,

CITY SECURITIES.

1878.]

*ul>«crlber« will confer

a

great favor by giving immediate notice of

DESCRIPTION.

Date of
Bonds.

For explanations see notes on first page

m

($200,000

Railroad loan
Railroad notes

m m

Large.

m

Various.

Large.

....

....

Various.

....

Large.

....

are 6 per

1000&C.

Large.
Large.
Large.
1,000
1,000
1,000

....

....

Springfield, Mass.—City notes
City bonds
Water loan

Value.

....

$155,000 J.&J.)

....

....

cents)

■.

....

....

Large.

....

Toledo, O.—Gen’l fund and deficiency bonds, cp. ’70,’71,’7(?

Toledo & Woodville Railroad, coupon
1870
Various City purposes, coupon
1859-’65
do
do
do
1859-’74
do
do
do
1869 & ’76
Water works
1873 & ’74
Short bonds, chargeable on special assessm’ts 1874-’77
Worcester, Mass—City debt, coup, andregist’d.
....

City debt, registered
do
do
do

do

(5 pieces, $100,000 each)
($220,000 reg., $580,000 coupon),
reg. ($100,000 J.&J., $90,000 A.&O.)
8ewer loan ($92,000 are J.& D., balance J.&J.)

Water l’n ($150,000 are J.&J., balance J.&D.)
do
registered

Somet'ville, Mass.—Total debt, $1,771,854; sinking
fund, $45,131; tax valuation, 1875, $26,573,400. Ex¬
cept $140,000 5s in $1,000 pieces, ali bouds are in
$2,000 to $50,000 pieces.
Springfield, Mass.—Total debt, $1,046,611 ; cash
The railroad debt falls due $20,i00

assets, $303,989.




or

par

of tables.

Somerville, Mass— City debt
City debt

do
do
do
do
Park & wat’r ($170,000 A.&0.;
Water loan

Size

....

....

....

....

....

500 &c.
500 &c.
Various.
100 &c.
500 &c.

When

Rate.

$65,000

7

461,000
165,000
115,000
140,854

6*2
6*3

Pay’ble
A. & O.
J. & J.

5ia

7
6

544,500

8

453,000
42,355
594,500
90,000

73
6
8
7
8
7 & 8

55,000
340,000
500,000
800,000
190,000
261,800
327,400
100,000

do
do
do
do

6

300,000
45,000

5,6
7
6
6
5
6
6
5

do
do
do

do
do

Various
A. & O. N.

Various
Various
Various
Various

Due.

Security Bank Oct.
do
do
do
do
do
do
do

Oct.’81-’4,July,’85
July, ’84, Apl.,’95
Apl., ’95, July, ’96

do
do

City Treasury.

1881 to 1884
1880 to 1906
1879 to 1884
1878-1890

Apl. 1,’94, to 1905
Apl. 1, 1879-1893
1879 to 1881
1878 to ’88

’

Y., Imp. & Trad. N. Bk.
do
do
do
do
do
do

do
do
do
do
do
do

1. 1878-’79

April, 1879 to ’84
July 1,1880 to’84

City Treasury.
Boston, First National B’k.

A. & O.

M. & N.
F. & A.

Principal—When

Where Payable, and by
Whom.

A. & O. Boston, Nat.

Various
Various
5
Various
200,000
325,000
6ia
Various
320,000 5ia, 6,6I2 Various
137,000
Various
5ia, 6
6
217,000
Various
6 & 7
A. & O.
1,200,000

723,300

....

....

outstanding.

discovered in these Tables.

INTEREST.

Amount

1,000,000
Large.
Large.

any error

May, 1900
1878 to ’84
1878 to’89
1878 to’86

.

June,’93& Sep.,’94
1878 to’82

A. '& 0.
City Treasury.
J. & J.
do
A. & O. C. Treas.&Bost. Mchts.’ Bk.
Various Boston, Merchants’ Bank.
Various
do
do
Various
do
do
J. & D.
do
do

Apl.

i,

1878-1879

Jan.

1,1881
April 1, 1892
1887
1878
1878
Dec.

& 1905
to 1881
to 1890

1,1906

each year. No registered bonds. Tax
valuation,
1870, $25,514,060; 1876, $35,109,456; 1877, $30,697,776.
Rate, T32. Population in 1875, 31,053.

200. Taxable valuation of
tax Tate, $3 19 per $100.

Toledo—Total debt, Jan., 1878. was $3,778,849.
this the debt payable by special assessments
$723,300, and the certificates of indebtedness,

$944,000; coup., $1,540,200. Cash assets, $121,651,
including $44,875 40 sinking fund.
Population,
49,317 in 1875. Tax valuation, 1870, $34,018,450;
1876, $48,223,397; 1877, $45,602,695; rate, 1*52.

Of
was

$102^-

i

property, 1877, $19,538,720;

Worcester, Mass.—Total

debt,

$2,484,200—reg.,

RAILROAD STOCKS AND BONDS.

XIV

Subscribers will confer

a

great favor by giving immediate notice of any error
discovered In these Tables.

DESCRIPTION.
For

explanation of column headings, Ac.,
on first page of tables.

Miles

Date

of

of

see notes

1st

mortgage, new, (for $1,750,000)
Albany dk Susquehanna—Stock
1st

mortgage

per et.

yearly).

2d mortgage
3d mortgage, sinking fund
Consol, mort' (guar. D. AH.)
coup., may be reg...

Alleghany Valley—Stock

General mortgage (Riv. Div.)

Bonds to State Pa. (endorsed) 2d
mort., East ext.
1st mort., East’ll

Exten.,

guar,

Size,

or
Par

]Itoad. Bonds

Alabama Central— (Selma & Merid.)—1st mort—
Ala.dk Gt.South'n.—Receiver’s eertiflc.of Ala. ACliatt

Albany City loan (sinking fund, 1

by Pa. RR....

Funding income bonds, with traffic guarantee....
Atchison dk Nebraska—1st
mortgage
Atchison, Topeka dk Santa Fe—1st mort., gold
Land graut mort., gold,
(2,289,186 acres unsold).
Consol, bonds, gold
Notes
Land income bonds, 5 to 10
years

Outstanding

$....

$1,600,000

1871

296
201
142
142
142
142
142
262
132
110
110
262
149
470

1878

1,000

1863

1,000
1,000
1,000

100
100
500
500

.

1878

Preferred stock
'
Old 1st mortgage bonds, Ohio Division
1st general
mortgage ($18,000,000)
2d
do
do
($12,000,000)
3d
do
do
($29,000,000)
Leased linos rental gold bonds (Cl. A
M.)
do
do
(P. P., P. V. and S. A A.)
Western Extension certificates
(CL, Col., Cin. A I.)
do
do
do
bonds
Atlantic dk Quit— Common stock

do

.

do

do

PetersbTg
do

do

Registered certificates....
Interest funding bonds

do

2d mortgage ($5,000
per year)

Alabama Central.—In default since January,
1872.

Negotiations pending for a new adjustment, and
piece of new ro;.d now builcing. (V. 21, p. 40.)

a

Alabama & Or (at Southern.—Alavama & Chatta¬
nooga reorganized. About ? 450,000 of the receiv¬
er's certificates are
disputed. (V. 25* p. 40, 186;
V. 26, p. 17, c9, 84, *64; V. 27,
p. l7, 85, 121.)

Albany dk Susquehanna.—This road was leased for
150 years from 1870 to Delaware & Hudson Canal
Co., at 7 per cent per annum, on stock and bonds.
Important change in terms made in 1876. Consol,
mortgage is for $10,0Ll0,0> 0, of which $3,450,000 is
to retire old
bonds, and balance for a part of old
stock and to lessee for
improvements, which up to
April, 1876, were $1,978,672. (V. 22, p. 399, 495; V.
23, p. 101, 427; V. 25, p. 615.)
Alleghany Valley — This road was embarra=sed in
1874, and compromised with creditors. Net earn¬
ings in 1877, $ljl44,971. uf income bonds, $2,351.400 are held by individuals, and
pay interest in cash
when earned; ?3,vf-9,000 held
by railroads draw

interest in bonds. Abstract of
operations in 1876
and 1877 in annual
reports, V. 24. p. 4 5# 3, and V.
26, p. 493. (V. 27, p. 356.)

Atchison tfc Nebraska.—Gross
earnings, 1876,
*410,225; net, $47,147: unpaid coupons to Jan., 1877,
$1,050,000.
Plan of re-organization, V. 23, p.
510,
by which $4,125,000 bonds and $3,337,000 stock
were given for old bonds au t
overdue coupons.
(V. 22, p. 399; V. 24. p. 4 42; V. 25, p. 510.)

Atchison,

Topeka & Santa Fe.— Capital stock.
Net earnings, 1877, $1.2:9.601; see
report, V. 26. p. 468.
Coupons of 1877.

$8,615,000.
annual

m

•

•

.

•

1871
1871

3,389,000

1867

58
58
428
428
428
81

i868

m

m

m

1,000

1,000
500

1,000
1,000

1,000
1,000
100

500 Ac.
500 Ac.
500 Ac.

1,000
1,000
500

100
100
500 Ac.
....

.

...

.

.

.

.

....

500 Ac.
500 Ac.

1868
1866
1866
1866

1,000
200 Ac.
200 Ac.

1854

1,000

1,000

24'795,298

i861

51

1864

1,000

100
£100

1,000

595

100
100

30

--

1850
1853
1870
1855

....

100

2'416^300

1874-5

2,060,000
1,748,500
3,693.200

'782,976

6 g.

J.
J.

7
6
7
7

J.

M.

7

A.

A J. N.Y.,Fanners’ L. A T. Co
A J. N. Y., B’k of Commerce.
A J. N.Y.,Dcl. A Hud.Can.Co
A N.
do
do
A 0.
do
do
A N.
do
do
A 0.
do
do

730 J.

5
7

notes




of

A J. N. Y.,

Jan’ary

Jan. 1, 1908

1

July 1,1878
July, 1888
Nov., 1895
Oct., 1885
May, 1881
April 1, 1906

Winslow, L. A Co. March 1,1896

Harrisburg, Treasury. $100,000 y’rly.

6 g. A. A O.
7
A. A O.
7
M. A S.
7 g. J. A J.
7 g. A. A O.
7 g. A. A O.
7
J. A J.
8
J. A J.
7
M. A N.
7 g. J. A J.
7 g. J. A J.
7 g. J. A J.
7 g. A. A O.
7 g- A. A O.
7 g.
7
A A 0
7
J. A J.
4
J. A J.

or

Philadelphia or London April 1, 1910
Oct. 1, 1894
Pittsburgh.
Boston, at Office.
Boston.
do
do

Mar.

1. 1908

July, 1899
Oct.

'

1, 1900
1903

do

1879 A '82
Jan. 1,1883-’88
Nov. 1. 1879

do
do
do
do
do
do
do

July 1, 1902
July 1, 1905
1905
1907
1007
1908

do

April 1,1897

do

Atlanta, Ga., atTreas’y.

200,000

Jan. 1,1907
Aug. 1, 1878

684,000
621,000
452,500
990,000
969,000
84,190
226,900
28 600

4,970,680
787,000
1.500,000
713,000

do

July 1, 1876

A J.

July, 1897

N. Y., Perkins, L.A Post
M. A N.
do
do
M. A N.
do
do

Nov.

7 g.

A. A O. N.

Y., First Nat. Bank.

Oct.

1,

1901

8
7
8
8
6
6
6
8
8
8
3
3 g.
6
6 g.

J.
J.
J.
J.
J.
J.
J.
J.
.T.
J.

A
A
A
A
A
A
A
A
A
A

Y

•Tan

1.

1877

J.
J.
J.
J.
J.
J.
J.
J.
J. N.

F

A

4

1879

1, 1888
May 1, 1889

6
7
4
3

4,599,578
1,650,000

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

M.'A
J. A
A. A
J. A
A. A
M. A
J. A
J. A
M. A
M. A
J. A
J. A

8.

5
6

6
6
6 g.
6 g.
6 g.
6 £•
6
5

880,000

; 26. p. 3»>7. 4 6 8 469, 522, 574; V. 27, p. 15,
4\ 227,
| 2.*0, 303, Zi‘2, 407.)
,

Atlanta d- C'lar'ott0.—The Atlanta & Richmond
Air-Line was sold in foreclosure
December, 1876.
(V. 23, p. 378, 575; V. 24, p. 180, 201, 369.)
Atlanta & West Point.—Gross
earnings, in 1877-8
*321,140. in 1876-7. $311,158; net earnings in 1877-8,
*!45,43.3, in 1116-7, $1<‘6,949.
There are $83,000
bonds outstanding.
(V. 25, p. 137; V. 27, p.
121.)

J

N

Perkins

do
do

LAP

do
do
do
do
do
do

1, 1877
July 1, 1893
do
Jan. 1, ’84-'90
do
Jan. 1, ’84-’90
do
Jan. 1, ’86-’90
do
July 1, 1884
do
do
Men. 1/1900
Jan. 1, 1875
Lynchburg Office.
Y., Perkins, L. A P. July 1, 1880
Jan.

M. A S.

3*3

100,000
14,216,800

8.000,000

do

1, 1876
Jan., 1902
Sept., 1902
Nov., 1902
Jan., 1902
Jan., 1903

Savannah.
J.

6 g.
6 g.

484,-000
1,022,900
336,900

£200

J. A J.

'

Oct.

....

5,470,000
4,000,000
306,000
157,000
458,000

9,346,500

‘

7,

6,921,900

£100

A. A O. New York and London.
J. A J.
do
do
M. A S.
do
do
M. AN.
do
do
J. A J.
do
do
J. A J.
London, Co.’s Office.

g.
g.
g.
g.
g.

7
7

,

London, Gr. Trunk Rw. Mcli. 15, 1878
Portland.
May 2, 1886
O. London, Gr. Trunk Rw. Oct. '1, 1884
N.
do
do
Oct. 1, 1891
N.
do
do
Nov. 1, 1878
D.
Savannah.
June, 1878
J. Phila., Farm. A M. Bank July 1, 1881
J.
„do
do
July 1, 1884
N.
Baltimore Olfice.
Nov. 25, 187S
J Balt Merchants’ Bank. July 1, 1878
0.
Baltimore Office.*
Oct. 16,1878
.T. Balt., Merchants’Bank.
1880
N.

,

O.
S.

Baltimore Office.
1885
London.
1895
J.
Baltimore Olfice.
1890
J. London. Naylor A Co. Jan. 1, ’80 A 81
S.
London.
Mch. 1, 1902
N. London, Speyer Bros.
1910
J.
Baltimore.
1879-1900
D. iLon., J. S. Morgan A Co. June 1, 1927

bonds matured and maturing up to
July, 1880,
have been extended for ten years by order of the
Court, and new sheets of coupons are issued to the
holders.
Interest on the divisional bonds is
paid two or three months aft r it falls due.
A final decree of sale under the consolidated
mortgage is expected in October, 1818. A scheme
of re-organization approved
by the consolidated
mortgage bondholders (mostly in Londou) will
probably be carried out. (V. 25, p. 261, 5:32: V. 26,
p.

141, *42, 444, 522; V. 2T, p. 40, 67, 251, 279.)

Atlantic & St. Lawrence.—Leased for 999 years,
July, 1853, to Grand Trunk Railway of
Canada. Annual rent, 6 per cent on bonds and
stock. Voted to issue ttock to pay bond - due 1378.
from

Atlantic dk Great Western.—This road
to the Erie for 99 years from
the
lease
was
contested.

was

leased

May 1, 1874, but
Shortly after (in

July, 1S74) default was made on its bonds. Pro¬
ceedings looking to re-organization are in progress,
and

a

considerable amount of securities has been

deposited by holders with the London Committee.
There has been liligation as to
postponing the pay¬
ment
of the old Ohio Division bonds.
In Jan.,
1878, £4 per bond was paid on the coupons of
Jan.,
1876. of the leased line rental bonds of 1872. Gross

earnings in

1877,

$3,973,278; net income over
rentals, Ac., $154,170.
(V 25, p. 16, 334, 510,
691, 040; V. 26, p. 66, 95, 2 1 4, 444.)
Atlantic dk Gulf.—The

Company also has $334,000
outstanding; $500,000 10
per cent coupon notes; $45,000 Junction Branch RR.
bonds, and $51,500 Bainbridge Lxt. bonds. Inter¬
of old sectional mort. bY.s

est

on

sectional mortgages,

prior liens

consolidated, is paid by receivers, and

dated bonds 6

mos.

in

arrears.

In New

on

to the
consoli¬

York, July,

’77, $1.000,0002d mortgage bonds, held as collateral,
1882, paid half in cash and half were sold at
auction at 5)^6^.
(V. 22, p. 469;
in scrip due
1882.
The extension of
leased V. 24, p. 39, 181, 203,
368 ; V. 25, p. 57, 407.)
lines and new roads
building in 1*78 are refer ed
to in V. 27. p. 15.
The K C\ T. & W. is leased
Atlantic, Mississippi dk Ohio.—Gross earnings
at 33 per cent of
gross earning-*, rising to 34
year ending June 30, 1878, $1,781,710;
per cent in 1880 and thereafter. (V.
expenses,
25, p. 380; V. $1,351,575; net earnings, $430,13'. The divisional
on

M.
A.

Dividend.

June, 1901

3*fl

1,666,000
300,000
464,000

£200

£200

1872
1874
1875
1877

A J.

7
7
7
7
7
7
8
7

15,165,200
11,989,680
28,783,000
5,355,000
3,568,000

579,500
1,710,000
3,146,956
3,041,579
2,074,000
8,857,352

....

J.

Bonds—Princi¬
pal, When Due.
Stocks—Last

9,876,250

1865
1,000
Var’us Various
1869
100 Ac.

£100
£100
£100
100
100 Ac.

263

1,232,200

.

1868
1864
1871
1853

421

500,000

4,250,000

100

1869
1871
1871
1857
1857

480,000
425,000
412,000
854,000
1,719,000
120,000
310,000

1,000

150
150
150
150
150
150
53
51

-ill

466,411

....

1872
1873
1873

.

286

m

Sterling bonds, not mortgages
Augusta d: Savannah—Stock
Bald Eagle Valley— 1st mort., s.
f.($5,000per yean.

-

m

....

currency

Baltimore d Ohio—Stock
Preferred stock
Washington branch
Loan, 1850
;
Loan, 1853
do
1870 .sterling. £800,000, »ink. fund
Baltimore loan. 1 855-’90, sink, fund
Debentures, sterling
Sterliug mortgage, sinking fund
Sterling mortgage, sinking fund
Purchase of Cunneli.sv. RR (pavable$40,000yTv)
Loan., ster., (s. f. £7,500) lien on Chic, line bonds

m

81
81
133
133
133
214
214

Stock, sterling
Portland city bonds, 1st mort.,
sinking fund
2d mortgage,
sterling, 5-20 rears

3d

~

1871

350

4th mortgage

.Lawrence—Stock,

Ac.
Ac.

100

460
460
460

-

Atlantic d- St.

1,125,000
7,041,000
3,366.000

500 Ac.

567

Guaranteed stock
Consolidated 1st mortgage
8av. Albany A Gulf RR.
"mortgage bonds
Southern Georgia A Florida, 1st
mortgage
do
do
2d mortgage
Atlantic, Miss, dk Ohio—Stock, (com’n, pref. A guar.).
1st mort. consolidated,
gold (for $15,000,000)
2d mort. to the State
(no interest till 1880)
Norfolk A Petersburg—1st
mortgage,

do

Ac.
Ac.

3,200,000
10,000,000
6,220,400

.

....

Virginia ATennessee—Enlarged mortgage
do
do

4;ooo;ooo

....

....

....

do
do
1st
do
do
do
2d
do
South Side—1st pref. consol. M.,
guar.
do
2d
do
do
do
3d
do
do

253,000

When Payable, and by
Whom.

8

3*1

1,595,000
2,166,500

1,000
1,000

Payable

2,000,000

1,000

....

Cent.

1,000,000
933,000

500 Ac.

-

When

3,500^00

50

1866
1870
1871
1874
1878
1869
1870

Rate per

700,000
335,000

100
1865
1865
1869
1876

INTEREST OR DIVIDENDS.

Amount

Value.

81

Pottawattomie bonds (contingent)
Wichita & Southwest, (leased) 1st M., gold,
guar..
27*2 1872
Kans. City Top. A West.,
(leased.) 1st M., gold
65
1875
Pueblo A Ark. Valley, (leased,) 1st
M., gold.;....
148
Pleasant Hill A De Soto (leased), 1st M., gold
44
1877
Florence Eldorado A W. (leased), 1st
31
1877
mort., gold.
New Mexico A So. Pacific, 1st
mortgage, gold
1878
Atlanta dk Charlotte.—New pref. mort
2G5*3 1877
Mortgage bonds
*
265*2
Atlanta dk West Point—StocK
87
Atlantic dk Great Western—Stock (total
567
$40,000,000)

do
do

[Vot,. xxvir.

(V. 27,

p.

H7.)

Augusta dk Savannah.—Leased, to Central of Geor¬
gia for $73,000 per annum ; has surplus fund of

about $50,000..

Bald

Eagle Yadey.—Leased to Pennsylvania Rail¬

road at 40 per cent

of gross receipts.

In 1877 gross

earnings
were *136.962. The Pennsylvania Railroad
holds all the 2d
mortgage bonds.

Baltimore dk Ohio— The amount of stock as above
includes scrip dividend of Nov.,’78. Annual report
for 1876-7 in V. 25, p. 509.
The gross earnings of
the “Main Stem,” Ac., and financial condition of
B. A O. Co. for four years were as follows :

1876-7
187.5-6

Gross

Net

Earnings.

Earnings.
$3.65 V 93

$8,262,045

Stock and

Debt.

$

4,215,554
47,311,000
47,173,000
4,332,206
1873-4...... 11.693,955
5,018,060
45,876,000
1872-3
12,252,844
4,934.796
28.567,000
The gross earnings of the main and all leased lines
in
1876-77 were $13,*08,860. and net earnings,
$4,952,805, including earnings of Pittsburgh Divieion.
Div. of 25 per cent on Wash. Branch stock in June,
1878. (V 25, p. 62. 107, 5 0 9, 532; V. 26, p. 289,
367, 598; V. 27, p. 67.)
1874-5

9,632,361
10,514,178

October 26,

RAILROAD STOCKS AND BONDS.

1878.]

Subscribers will

confer a great

favor by giving Immediate notice of
any error discovered In these Tables*

DESCRIPTION.
Miles Date
For explanation of column
of
of
headings, Ac., see notes
on first page
of tables.
Road. Bonds

Baltimore d

Size

INTEREST OR DIVIDENDS.

or
A.Ill Oildl

par

\J 11 l/D tci 11 111 11 £2

Value.

Rate pel
Cent.

....

98
98

....

84
21

321

38*2

1869-70

.

N. Bedford Railroad bonds
($400,000 are 7s)
d: Montreal—Preferred stock
Com. stock (for old dividends & new
stock)

1858
1873

160
82

1872
1875
1876

....

204

Bonds, coupon and registered
Boston d New York A ir-Line—1st
mortgage
Boston d

.

.

1,000
1,000

870,000
571,500

100
100
100 Ac.
100 Ac.
500

800,000
1,000,000
202,000
1,478J)00
3,250,000

....

....

•

mm

ioo

1873-4 500 Ac.
1875
1,000

52
66

....

1873

....

Pd)....

ae.

Brie—Stock

Burlington, C. RapidsdNorthern—1st mortgage

...

Burl.dMo.Riv.—1st M.on r’dA400.000ac’s I’d i Cp.
Income b’ds, conv. C. B. AQ. st’k (4th
ser.) 1 may
1st mortgage, conv. do. on br’ch (5th
ser.) i be
Convertible bonds, C. B. A Q. st’k (Gtli ser.)
J reg.
Burlington d Missouri in Nebraska—Stock
1st mortgage, convertible, land
grant...*.,
Bonds, convertible till Jan.. 1882

.

.

..

New preferred stock
Old preferred stock
1st mortgage bonds
Chattel mortgage bonds
New mortgage

1876
1871
1873
1876
1863
1869
1869
1870
■

....

19 i
49
71

Coiisol.mort.for

....

40

$14,000,000, s. f. $30,000 f,
Omaha A S. W., 1st
mortgage, guar
j
Republican Valley RR., 1st mort., exchangeable
Burl, d Southwest.—1st
mort., cp., maybe reg
Cairo d St. Louis—1st
/
mortgage.
Cairo d: Vincennes—1st
mortgage, gold
California Pacific—1st mortgage, gold
2d’ mortgage, endorsed
by Central Pacific
3d mort., guar, by C. P.
($1,000,000 are 3 p. c.)
Camden d Atlantic—Stock ($838,150 of it
prof.)
1st mortgage (extended 20
years in 1873)
2d mortgage
Camden d Burlington Co.—1st
mortgage
Can. South.—New mort., int.
guar.(for $14,000,000)
Carolina Central—1st mortgage,
gold, coupon
Income bonds, coupon
!.....
f
Catawissa—Common stock

i

....

....

191

1869
1873
1878
1872

1878

181
1870
144
1871
156
1871
139
1869
139
1871
139
1875
67
60
1853
60
1855
31 ! 1867
291
1878
OJ.O
1873
242
1874
92
...

ioo

.

65
....

Cayuga d: Susquehanna—Stock
Cedar Falls d Minn.—Bonds on 1st div. sink.
fund..

Bonds on 2d division,
sinking fund
Cedar Rapids d Missouri—Common stock
Preferred stock, 7 per cent
1st mortgage
do
do

Baltimore & Potomac.—This is the line of the
Penn. Railroad from Baltimore to
Washington. The
bonds are guaranteed by Penn. RR. and
‘Northern
Cent. Net earnings. 1877. $111,7^8
(V. 22, p. 588;
V. 24, x*; V. 26, p. 598.)

ioo

1872

14
61
274

1864
1866

70

7
....

6
7
7

8
6 A 7
3
6

Earnings.
$6,77:4,610

Earnings.
$2,166,844

and Debt.

$2S, 870,509

j

1861
58
1863
j
146 ; 1866

2

6

999,500
500,000
425,000
6,921,274
3,500,000

7
7
(J
3

7,074,758
2,391,764
27,129,282
7,634.139
2,262,147
26,478,282
8,963.128
2,114.916
25.422,100
(V. 23, p. 477 ; V. 24, p. 231; V. 25, p. 430; V.
26,
p. 166.)
...

Boston Carre & Gardner.—Income in 1S76-77
showed a deficit of $44,420 ui.dar interest
charge.
Bost. Clinton Fitchb &N.Bedfo’. -This was a con¬
solidation in May. 18.'6. of the B. C.& F. and the
N.
Bedf. roads.
M yl. 1878, there were $719,792 notes
outstanding. (V. 23, p. 611; V. 24,p. 134, 518.)

Boston, Concord & Montreal.—Grow earnings for
the year ending with
March, 1878, were $654,272;
net earnings, $201,100.
There are also $76,000 old
bonds due in 1865, and $350,000 due in 1875.
TV. 24,
p. 516; V. 26, p. 546.)
Boston &

Lowell.—Operated

Lowell, which receives




with the Nashua &
31 per cent.
There are

A J.
A O.
A

J.

A O.
A O.

A S.
A ,T.
A N.
A J.
F. A A.
M. A N.
J. A J.

rv

4

7
3

7

1,000

.

100

1,000
500 Ac.

1,000
1,000
1,000

1,000
500
50

1,000
1,000
500 Ac.

1,000
1,000
1,000

7
6 g.
10
5
7
8
8

2,582,000
905,500
6,500,000
4,638,250

100 Ac.
50 Ac.
500 Ac.
500 Ac.
500 Ac.
] 00
500 Ac.
500 Ac.
600 Ac.
....

7

3Lj

2,380,000

.

1,000

580,000
950,000

289,500
279,000
370,500

*>

1,414,000
600,000 !

8

5,055,000
1,034.000

4

8

8,583,750

1Y llUli

A-J

Slocks—Last
Dividend.

853,000
1,800,000
2,500,000
3,500,000
2,250,000
1,600,000
3,000,000
1,215,550
490,000
497,000
350,000
(!)
3,000,000

i

8
6
8
6

8
7
7
7
6
3 A
2
7
7
6

g.
g.
g.

6
g.

O

6 g.

h

7

50

3,000,000
1,159,500

i;ooo,ooo
50

3*2

2,200,000

1,000

3*2

230,500

1,000

209,850
1,300,000
589,110
198,000
1,334,000
6,850,400
769,600

1,000
100
500 Ac.
500 Ac.
100
100
500 Ac.
500 Ac.
500 Ac.

700,000

‘582,000
2.332,000

7
....

7
5

7
7
1

312
7
7
7

Boston tfc Maine.—Net income, 1876-7, $660,964
against $846,653 in 1875-6.
(V. 22, p. 280; Y. 23, p.
50u; V. 25. p. 531.)

lease to Eiie

at

$40,690 per year.

Buffalo, New York & Erie.—Leased to Erie in
1863,’for 490 years, in 7percent on stock and interest
and sinkingfund on bonds. (V. 23,
p. 643; V. 24, p.
p. 16.)

Buffalo, New York & Philadelphia.—This i*» the
connecting line of the Philadelphia & Erie with
Buffalo.

(V. 26, p 574.)
Burling4on Cedar Rapids & Northern.—The stock
is for $ln,00 V 09, (f which
$5,500,000 has been
issued. This company guarantees $150,000 Minne¬
apolis A St. L. RR. bonds. Net earnings 1877-8,
$560,311; extraordinary expenses, $617,745. (V. 24,
p. 518; V. 25, p. 260, 510; V 27, p. 301.)
Burlington & Missouri River.—An agreement of
consolidation and a perpetual lease to
Chicago, Bur.
A Quincy, was made in Oct., 1672. In
August, 1675.
stock of Chic. Burl. A Q. was issued in
place of
stock of this C.». and for convertible bonds. Annual

report Y. 20, p. 335. (V. 20, p. 139; Y. 22, p. 87.)
Burlington & Missouri in Nebraska.—Has a valu¬

able land grant.
Consol. 6 per cent bonds are
issued for 8s maturing in 1894. Omaha A H. W. is
leased. Republican Yailey road is

leased, and its

Balt., Mech’s Nat. Bank

1885

Baltimore.
Baltimore or London.

July 1, 1888

do

July 1, 1911
April 1, 1911
1, 1915

do

Baltimore.
N. Y., Russell
Sage.

Jan.

Oct.

Philadelphia. w

1, 1896
1902
1885
1887

do

do

*

Boston Ofiice.
do
do

Boston Ofiice.

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

Boston, Boston N. Bank July 1, 1884
do
do
do

Boston,

do
1889 A ’90
do
June 1, 1896
do
’81,’82, ’83,’85
Suffolk N. Bank July, 1881A 94

Boston Office.
Boston
do

do
do
do
do

F.
F.
F.
M.

A A. NT.

A A.
A N.

bonds
bonds

are
on

July 1, 1896

Boston, at Oflico.

Jari., 1893 A 94
Aug. 1, 1895
Nov. 15, 1878
July 1, 1893

do
dt)
New' York.

do

do

N.
Philadelphia.
N.
do
A.
do
A.
Philadelphia.
A.
do
J. New' York. 44 South st.
O. N.Y.,J. 8. Kennedy A Co
J.
do
do

A A.

Oct. 1, 1879
April 1, 1892
March 1, 1895
Nov. 15, 1878

Boston, Ollicc.

A.it
Ik
Q.—F.

J.

July 1, 1878

Boston, at Office.

A J.
do
A J.
,
do
A J.
do
A D.
do
A J.
do
A N.
Boston, Co’s Office.
A O.
A O. New York and London.
A J. N. Y., Nat’l Park Bank.
A J.
do
do
A J.
New York.

A
A
A
A
A
A

1889
1893

do

Boston, ut Office.
do
do
do
do

May 13, 1878

Office.

Q.-J.
Camden, Co.’s Office.
J. A J. Phila., Farm. A M. B’k.
A. A O.
do
do
F. A A.
Phila. and Mt. Holly.
.T. A J. N. Y., Union Trust Oo.
J. A J. N. Y. Ofiice, 4
Broad st.
A. A 0.
do
do
M.
M.
F.
F.
F.
J.

May 15, 1878
1, 1892
July 1, 1895
April 1, 1893
Feb.

Worcester, City Nat. Bk.

J. A J.
New York, Erie RR.
J. A D.
N. Y., Erie Railw'ay.
J. A D.
do
do
J. A J. N. Y., Farm. L. A T. Co.
J. A J.
do
do
J. AD.
New York.
A. A O. Boston and New' York.
A. A O.
do
do
J. A J.
do
do
J. A J.
do
do
....

$407,090notes outstanding. (V. 23, p. 500; V. 25,
p. 16; V. 26, p. 39; V. 27, p. 121, 303.)

346; V. 25,

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

GAT

Belleville & SouthemlUinoU.—Leased and
operated
Boston & N. Y. Air Line.—Fo;-merly N. Ilaven
by St. L. Alt. & T. H. Co. on a percentage of gross
earnings. (V. 24, p. 297; V. 26, p. 417.)
Middletowm & Wil. Road cost about
$8,000,009,
Bdvidere Delaware.—Stock is $995,150. Leased to represented now' by $3,009,000 preferred stock and
common. Gross earnings 1877-8,
$1,000,000
United Co.’s of N. J., and lease
$265,925;
assigned to Penn. RR. net,
Net earnings go to lessor. In 1877 net
$77,482. (V.22,p.567; V.24,p.589; V.26,p.59S.)
of
earnings
B.
D. were $121,566. Floating debt, $171,702.
Boston & Providence.—The bonds and al*o
$794,000
Berkshire.—Leased to Housatonic, at 7 per cent notes have been issued for purchase of branch
per year on stock, but 1% per cent is usually
applied roads. In November, 1877, $800,0 X) ten-year notes
for taxes, Ac.
were authorized, to take
up others falling due.
(V.
23, p. 547; Y. 25, p. 531.)
Boston & Albany.—As this is the
principal West¬
ern t rnnk line from New
Buffalo, Bradford & Pittsburgh—Under perpetual
England, its yearly reports

show the conrse of business on that class of rail¬
roads. In past four years the
following has been
its exhibit:
Gross
Net
Total Stock

A N.
F. A A.
,J. A J.
,A. A O.
uM. A N.
.r. a j.
J. A J.
J. A D.
IA. A O.
J. A J.
M. A N.

7
6

(0

26
142
140
121
121
367
281

i r,.....

1875-6
1874 5
1873 4

Where Payable and by
Whom.

Treasurer, TrentoTi,N..T. Jan. 1, 1916
Q.-J. Boston, Kidder, P. A Co July 1,1878
M.

1»4

200J)00

A O.

A D.

M. A 8.
F. A A.
J. A J.

4

4,000,000
500,000

....

|a.

I J.

6
6
7

500,000

100

,J. A J.

8
6

528,000

:

New' mortgage.
Buffalo, N. 1. dfildiiladelphia—1st mort., gold
2d mortgage (for
$1,000,000)

..

....

....

Providence—Stock
Bonds to purchase branches,
coupon or registered
Ten

.

...

’61-’74 500 Ac.

....

Bonds
Bonds
New bonds
Boston d Maine—Stock

...

.

166

Sinking fund bonds ($654,000)
Consolidated mortgage bonds (for $2,000,000)....
Boston & Lowell—Stock
Mj’stic wharf purchase bonds

d

1,000

1,000

Boston, Concord

Buff..Brad.dPitts.—Gen.M.,(incl. 10,000

.

1854
’69-’70
1876

notes

$800,000

.

20,129,282
5,000,000
2,000,000
400,000
3,047,700
400,000
799,600

100 Ac.

....

151
29
43

6

600^000

A J.
A J.

!J. A J.
A. A 0.

6 g.

1,200,000

100
100
1,000

J.
J.

6 g.

1,000,000
499,500
745,000

1,000

1871-2
1875

....

6
6

366,370
1,500,000
3,000,000
1,133,000
1,100,000

500
500

....

....

registered
Boston, Bar re d Gardner.—1st mortgage
Bost.,Clin.d Fitchb.d N.B.—Stock ($1,750,000 prof.)
1st mortgage.
Agricultural Branch

Buffalo, New York

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

1866
1877
1854
1857
1876

67

Boston d Albany—Stock
Dollar loan
Loan of 1875, coupon or

year notes for

1871
1871

$140,000

....

1875

56
64

Berkshire—Stock.

Bonds

$....

....

"

Mortgage bonds

1855
1878

...

Bonds to State of Maryland
....'
Baltimore <£ Potomac—1st M (tunnel) gold, s. f. 1
p. ©.
1st mort., gold, tax
free, coup., s. f. 1 per cent
2d mortgage, income, main
line and tunnel, reg..
Belleville db South. III.—1st M.,
sink’gfund, guar
BelvidereDel— 1st mort. due 1877,
extended, guar.
2d mortgage bonds of 1854
(guar, by C. A A.)
3d mortgage bonds of 1857
(
do
do
)
Consol, mort gage of 1S70

1876-7

When

Pay’ble

Bonds—PrinciJJtl'lp

Ohio—(Continued)—

Northwestern Virginia, 3d mortgage, 1855-85

Equipment

xv

Jan. 1, 1896
June 1, 1878
June 1, 1916

July 1, 1896

July 1, 1893
Sept. 1,
Oct. 1,
April 1,
July 1,
July 1,
Nov. 1,
July 1,
Jan.

1906
1893
1879
1894
1889
1878

1894

1. 1883

July 1,
June I,
July 1,
May 1,
Oct. 2,

1918
1896
1918
1895
1901

Oct./1909

Jan.

1, 1889
1891
July, 1905
Jan. 15, 1877

Jan., 1893
Oct., 1879
1897
Jan

1, 1908
July 1, 1923
April 1, 1914

May 15, 1878
May 15, 1878
Feb.

1, 1882

1888 to '89
Feb. 1, 1900
July 2, 1878

April 30, 1884
Jan. 2, 1907
Nov. 1, 1878
Boston, Treasurer.
do
do
Aug. 1, 1878
Y., Nat’l Park Bank. Aug. 1, 1891
do
do
Aug. 1, 1894
do
do
May, 1916

changeable for B. & M. consolidated
day after July 1, 1879. (V.

any coupon

26, p. 192, 494,548, 598; V. 27, p. 15, 67,171.)
jBurlington & Southwestern.—Defaulted Nov., 1873.
Foreclosure in progress. (V. 21, p. 159, 441.)
Cairo & St. Louis.—Defaulted in 1873
by failure
to receive town and
county bonds.
Receiver ap¬
pointed December, 1877. Deficit in earnings 1876-7,
$30,115. (V. 22. p. 352; V. 25, p. 511, 569.)
Cairo efi Vincennes.—Defaulted in 1874. In hands
of receiver.
Deficit in earnings 1876-7, $11,747.
(V. 22, p. 443.)
California Pacific. - Gross earn’gs, *76-7, $1,326,632;
net, $448,026. Extension bonds of $3,500,000 and in¬
comes of $1,000,000 were in
default, and the new
bonds of 1875, guaranteed by Cent.
Pacific, were
issued in place thereof. (Y.
23, p. 62; V. 24, p. 274,
4b8.603.)
Camden & Atlantic—Gross

483; net, $177,041.
dend, 2 per cent.

earnings, 1877, $477,Interest, Ac., $92,379. Divi¬

Camden & Burlington Co.—Leased to United
Companies, at 6 per cent on $382,000 stock.

Canada Southern.—These bond* have interest
guaranteed for 20 years by New York Central, at
3 per cent for 3 years and 5 per cent for 27
years,
but no guarante e of principal. (V.
25, p. 233, 308,
375: Y. 23, p. :■ 67, 391, 574; V. 27, p. 94.)
Carolina Central.—Receiver appointed
December,
1876. Passed interest January, 1876. (V. 23,
p. 622.)

Catawissa.—Leased to Phila. & Read., Oct., 1872,
New' preferred stock dividend to be 7
per cent
in 1875-6 and afterwa d.
(V. 20, p. 381D
Cayuga & Susquehanna.—Leased in perpetuity to
Del. Lack. & West. Dividends, 9 per year.

Cedar Falls & Minnesota.—Leased to Dub.& Sioux

City, and sublet to Hi. C. at $1,500 per mile yearly,
and a per cent of all earnings over
$3,500 per mile.
Cedar Rapids & Missouri.—Leased to Chicago &
Northwestern at $700 of first $1,500 gross
earnings
per mile; one-third of the next $3,000 per mile, and
one-fifth of all above that. (V.
29, p. 162.)

xn

RAILROAD STOCKS AND BONDS,

Subscribers will confer

a

great favor

by giving immediate notice

of any error

DESCRIPTION.
Miles Date
For explanation of column
headings, &c., see notes
of
of
on first page of tables.
Road. Bonds
Central R. R. dk Bank, Ga.—Stock
General mort. “tripartite” bds
($5,000,000) coup.
Macon & Western bonds
Central of Iowa—1st
mortgage gold, coupon
2d mortgage, gold, $4,000 per mile
Central of New Jersey—Stock

708
620
....

202
202
359

Mortgage bonds

74

Bonds (convertible Nov., 1875 to 1877)

....

Consolidated mortgage (for $25,000,000)
Newark & New York, 1st
mortgage
Lehigh & Wilkesbarre Coal Co., 1st mort. guar—
do

do

Am.Dock&Imp.Co.

97
7
....

Consol m., coup. guar.
bonds, guar. Cent.of N. J

....

Adjustment mortg. (for $5,550,000)

Central Ohio—Common stock
Preferred stock

....

1st

781

mortgage bonds
Central Pacific—Stock
1st mort., gold, (2 sinking funds,
$50,000 each)..
California State aid, gold (s. fund, $50,000)
Bonds, formerly conv. into U. S. bds (s.f.,$35,000)
1st mortgage on San Joaquin
Valley Branch, gold
U. S. Loan, (2d lien on certain
terms)
Western Pacific, 1st mortgage, gold
do
Government lien
.

Cal. & Oregon, 1st mortgage,
gold
C. P. bonds, mortg. on C. «fe O. Br. (guar by C.P.)
($7,200,000 g.)
San Francisco O. <x A., 1st
mortgage ($1,500,000)
Land bonds on 11,722,400 acres

137
137
137
1213
742
50
138
146
742
158
123
152
152
20

Charlotte Columbia dk Augusta—1st mort. consol...
2d

195
195
23

Mortgage

Char tiers—1st mortgage

Cherry Valley Shar. dk Al.—1st mort., convert
Chesapeake dk Ohio—1st mortgage, gold, “A”

21

1st mortgage, gold, “B”
2d mortgage
1st mortgage, (Va. Cent. R. R.,) guaranteed
by Va.
Sd mortgage,
do.
do.
coupon
Income mortgage, (Virginia Central R.
R.,) coup.
Funded interest, coupon bonds

....

....

....

88
.

.

.

.

21*3

1st mortgage
Income bonds
Joliet & Chicago, 7 per cent, stock
do
do
1st mortgage, sinking fund
St. Louis Jack. & Ch., 1st
mortgage
do
do
1st mort. guar, by C. & A...
do
do
2d mort. guar, by C. & A...
do
do
2d mortgage
Louisiana & Missouri, 1st mortgage
do
do
new mortgage for
$300,000
do
do
guar. prer. stock
Chicago & Ill. Riv., 1st mort. ($474,000 guar.)...
Bonds for K.C.St.L.A C. line, s.f. $60,000 after’79

or
par

Outstanding

$100

$7,500,000

1,000
....

500 &c.

1,000
1,000
1,000
1,000
500 &c.
£200

1,000
1,000
100 &c.

1878

50
50

....

....

....

1,000

....

100

1865-8
1864
1862
1870
....

1869
....

1868
1872
1870
1870
1869
1872
1871
1869

....

....

....

....

....

....

677
649
322
220
220
38
38
150
37
37
150
101

1864
1868
1868
1870

28
162

1875
1878

....

....

1873
1863
1862
....

1857
1864

1,000
1,000
....

1,000
....

1,000
....

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

1,000

1st

mortgage, sinking fund, (trust)

Consolidated mortgage coupon, (for
$30,000,000)
Northern Cross R. R. 2d.
mortgage, gold
Trust mortgage (Burlington to Peoria)
Plain bonds (coupon or registered)
Bonds of 1875, (sinking fund $13,860

Carthage & Burlington, 1st mort..

per year)..

Dixon Peoria &

Hannibal, 1st m...
Coupon,
Ottawa, Oswego <fc Fox Riv., 1st m >but maybe*
Illinois Grand Trunk, 1st mort
registered.
Quincy & Warsaw, 1st mortgage J
(
Keokuk & St. P., 1st M. (Coup., but
may be reg.)
B’ds for
..

St. L. R. I. & C. (sink, fund

$50,000) coup.

Quincy Alton <fc St. Louis, 1st mortgage, coupon..
Chicago dk Canada Southern— 1st mort., gold."*
Chicago, Cincinnati & Louistillc—1st mort
Chicago Clinton "Dubuque dk Minn.—Stock
Chic, dk East.Ul.— 1st M.,coup, is.f
.$20,000 after’85)
2d mortgage income
Central Raili'oad dk Bank, Ga.—Leases several
roads, and guarantees bonds. In April,
1S75,
chased one-half interest in Western Railroadpur¬
of
Alabama at foreclosure sale.
Tbe “ tripartite”
bonds are issued jointly oy this
Company, the Macon
& West., and Southwestern. Gross
earnings year
ending Aug. 31, 1*78, *2,721.624; net, Hi,123,309. (V.

23, p.353, 498; V. 25, p. 43(>; V. 27, p. 381.)
Central of Iowa.—Sold in
foreclosure, July 18,
1877, und"*r 1st mortgage.
Gross earnings, 1877,
$723,818; net, $201,190. (V. 23, p. 159, 427; V. 24,
p. 135, 561; V. 25, p. 62, 237, 431, 591; V.
26, p.
215.)

1620
466
825
100
96
....

....

32
40
70
44

40
43
270
40

67^
73
223
137
137

....

1858
1873
....

....

1,680,000
11,500,000
3,000,000
(?)

1,483,000
6,080,000

25,885,000
2,616,000
1,970,000

do

J.
J.

2,000,000
500.000

Ig'
6
6
8
8

&
&
&
&
&
&
&
M. &
M. &
J. &
J. &
A. &

8
7
4 g.
7
7

1,000
500 &c.
500 &c.

1,000
500 <fcc.
1,000
500 &c.
1,000

1869
1870
1870
1872
1867

500 &c.

1877
1877

100 &c.

1,000
1,000
1,000

317,000

2,467,000
840,000
2,571,350
1,000,000
6,156,000
3,000,000
750,000

J.

J.
J.
J.
1
J.
6
J.
7
N.
3*3
8.
3i3
S.
6 g.
J.
7
J.
7
0.
Q.—J. 8
J. & J.
7
A. & 0.
7
A. & 0.
7
J. & J.
7
J. & J.
7
F. & A.

4

-

5

8
8
8

8
8
8
5
5
7 g.
7
6

7

Central Pacific.—In 1876 a part of the Southern
Pacific lines 'was leased.
An abstract of the
annual report for 1876,
including the land agent’s
report, also gross and net earnings to June
30, 1877,
was uiven in the
Chronicle, V. 25, p. 200. Gross
earnings, 1876, $18,146,944, currency; expenses,
$8,732,074; net earnings, §9,414,*69.
The policy of
making 8 per cent dividends yearly was declared
in 1875. Trustees of land
mortgage held in May,
1878, $1,109,242 m cash, and $1,696,942 in notes,
and in August
they called for sale to them of
$1,100,000 land bonds. (V. 25, p. 200, 236, 375, 380;
V. 26, p. 36?; V. 27, p. 40,
95, 122, 147, 253, 274, 407.)

1, 1899

M. & S.
M. & N.
M. & S.
J. & J.
J. & J.
J. & J.
A. & O.
J. & J.
J. & D.
M. & N.
J. & J.
J. & J.
A. & O.
J. & J.
A. <fe 0.
A. & O.
F. & A.
A. & O.
J. & J.
J.

*

May 1,-1903
July 29,1878

July 29,1878

Sept., 1890

Oct- 1877
1895 to ’98

July 1, 1884
Jan. 1, 1883
Oct. 1, 1900
1895 to ’98

July 1, 1899
1899
Jan. 1, 1888
Jan. 1, 1892

July 1, 1890
Oct.

1, 1890
1895
1910
Oot. 1, 1901
Dec. 15, 1899
Jan. 1,
Jan. 1,

-

J.
J.
J.
J.
J.
J.
M.

2,715,000
11,521,000

1875

1887

Feb.

do

M. & N.

1,000
1,000
1,000

1890

London.

....

6,000,000

Oot., 1880
July 15,1899
April 15,1901
April 10,1870
Nov., 1902
July 1. 1899

do
do
& J. Balt., at B. & 0. office.
3
& J.
do
do
6
M. & S. Balt., West. Natl. Bank.
4 g. A. & O. N. Y. & San
Francisco.
6 g. J. & J.
N. Y., Fisk & Hatch.
7 g. J. & J. Sacram’o 8tate
Treas.
7 g. J. & J.
N. Y., E. Kelly
& Co.
6 g. A. & O.
N. Y., Fisk & Hatch.
6
J. & J.
U. S. Treasury.
6 g. J. & J.
N. Y„ Fisk & Hatch.
6
U. S. Treasury.
6 g. J. & J.
N. Y., Fisk & Hatch.
6 g- J. & J.
New York & London.
8
J..& J.
N. Y., Fisk & Hatch,
6g. A. & 0.
do
do
J. & J. N. Y.,M.K.
Co.
Jesup,P.&
7
J. & J.
do
do
7
A. & O.
Philadelphia, Penn R.R.
7
J. & D. N. Y., Metropolitan Bk.
6 g.

1,500,000

841,000
661,000
1,632,475
423,000
266,000
546,500
1,079,000
890,500
720,000

do
do
do
do

Jan. 2, 1878
Jan. 1, 1893

Q.—M. N.Y.—Cent. RR. of N.J. June 1, 1900
J. & J.

100

....

do
do
do
do

Q.—J.

7
6 g.

....

Now York, at office.

J. & J.
M. & N.

6 g-

2,437,950
411,550
2,500,000
54,275,500
25,883,000

188,000

D.
Savannah, Ga.
J. New York & Savannah.
0.
Macon, Ga.
J.
New York, Office.
O.
do
do

Q.-J.

7
7
7
2

'

&
&
&
&
&

F. & A.
M. & N.

1,000,000
3,000,000
27,644,916

i,6bo

1872
1869
1869
1870
1870
1870

2^3
7
7
7
7

600,000

360,000 L.
1,854,000
(?)

J.
J.
A.
J.
A.

7
7 g.
7 g.

15,000,000

....

1,000
1,000

2*3
7

5,000,000
4,400,000

....

Bonds—Prmei
pal, When Due.
payable, and by Slocks—Last
Whom.
Dividend.

Rate per When Where
Cent.
Payable

20,600,000

....

discovered in these Tables*

INTEREST OR DIVIDENDS.

3,500,000
117,000
3,700,000
925,000

7,764.000
1,810,500
1,000
500,000
1,000
500,000
500 <fcc.
300,000
100 &c.
2,000,000
1,000
15,000,000
1,000
10,000,000
100,000
902,000
300,000
160,500
100
2,153,300
500 &c.
836,400
500,000
100
10,065,300
100
2,425,400
1,000
4,379,850
1,000
2,383,00Q
500 &c.
1,087,000
100
1,500,000
1,000
306,000
1,000
2,365,000
1,000
564,000

-

Chicago, Burlington dk Quincy—Stock

Amount

Value.

100

....

1869
1872
1874
1867
1874
1875

434
434

Cheshire—Stock, preferred

Bonds, not mortgage
Chester Valley—1st mortgage
Chicago dk Alton—Common stock
Preferred st’ek (7 p. c. y’rly not
cumulative)
General mortgage, sterling, for £900,000

1872
1870
1869
1871

Size,

[VOL. XXVII.

N. Y., Am. Exch. Bk.
do
do
do
do
do
do
Boston.
do

“Jan. 15, 1878
July 1,’80 & ’96
Philadelphia.
May, 1872
N.Y.,M.K. Jesup,P.& Co. Sept. 4,1878
do
do
Sept. 4, 1878

Lond’n,J.S.Morgan&Co. July 1,

N.Y.,M.K. Jesup,P.& Co.
do
do
N. Y. U. S. Trust Co.

N.Y.,M.K. Jesup,P.& Co.
do
do
do
do
do

do
do
do
do
do

1903

Jan., 1893
Jan., 1883
Oct., 1878
July, 1882

April, 1894
April 1,1894
July, 1898
July, 1898
Aug., 1900

N.Y.,M.K. Jesup,P.&Co. March 1,190L
do
do
May 1, 1903
N. Y., Bk. of Commerce. Sept. 16,1878
do
do
Jan. 1, 1883
N.Y'.N.Bk.of Com.&Bost July 1, 1903
Frankfort.

N.Y., N. Bk. of Com’rce.
Boston, Co.’s office.
Boston, Co.’s Office.

N.Y., N. Bk. of Com’rce.
do
do
New York and Boston.

Boston.
New York and Boston.
Boston.
•

do

Boston, C. B. & Q. RR.
N. Y., Union Trust Co.
N. Y., Farm. L. & T. Co.

& D. New

Dec.

1880
1884
1876
1877

York, 4th Nat. Bk.
do

,

do

July 1, 1890
Oct. 1, 1890
Jau. 1,
June 1,

May,
July,
July,

1896

1895
1879
1889
1900
1890

Oct.,
July, 1890
April, 1879
Oct. 1, 1901
Feb. 1, 1896
April 1,1902
Jau., 1887

June, 1907
Dec., 1907

$2,269,467 in 1876. Joliet & Chicago RR. is leased for
interest on stock and bonds. St. L., Jack. & Chic.
Railroad leased at $240,000 per year. Louisiana &
Missouri Railroad operated under contract. New
extension to K-msas City built in
1878, and a mort¬
gage on that line (K. U. St. L. & Chic. RR.) is
deposited in trust as security for C. & A. gold 6s of
1878. Chic. & Ill. River was to have been sold
May
31, 1878, but sale enjoined. (V. 25, p. 4S3; V. 26, p.
95, 192, 2 1 3 , 289, 436, 547; V. 27, p 41, 94, 382.)
Chicago Burlington dk Quincy.—Purchased in Oct.,
1876, St. L. Rock Is. & Chic, road, for $1,570,000 in

gold. Gross earnings for 1877 were, $12,5%,875; ex¬
Central of New Jersey.—A fall abslract of the
re¬
Charlotte, Columbia
Augusta—Stock is $2,578,- penses, $7,309,708; net earnings, $5,221,166; interest
organization scheme now
pending was published in 000, and $183,500 of old Col. & Aug. bonds are yet charge, $2.139,951.„ The C. B. So
the Chronicle, V. *26, p. 215,
Q. leases numerous
with a brief statement out, due 1890. Net
of earnings in 1877 and
earnings 1877, $202,488. Control branch roads, giving them a traffic guarantee (usually
probable future earnings. of road sold to Richmond
40
or
50
&
Danville. (V. 24, p.
Ntt earnings, 1877, after
p. ct.) for purchasing their bonds.
Leases
payment of Lehigh & 62; V. 26,
in perpetuity the Q. A. & St. Louis at
p. 95; V. 27, p. 280.)
Snsq. rental, were $1,838,335.
$42,000 per
The report of
Committee consolidated mortgage bondholders was
Charters.—Leased to Pitts. Cin. & St. Louis, and annum. Enough of the C. B. & Q. consolidated
given in V. 24, p. 494; and on
operated by Penn. Co. Net earnings go to lessor—
moitgage is reserved to take up prior debts.
In
Lehigh
&
Wilkes¬
in 1877, $42,406. (V. 22,
barre Coal Company in V.
August, 1875, stock of this Company was issued in
p. 519; V. 24, p. 419.)
25, p. 63. The Central
of New Jersey assumes
exchange for Burlington & Missouri River Railroad
$2,310,000 of Lehigh
Cherry Valley, Shar. dk Al.—Transferred to Dela¬ stock, and the same is also given for the convertible
Coal & Navigation
Company’s
debt and $265,793 ware & Hudson Canal
of the Railroad Car Trust
Co., April, 1875. Interest bonds of Burlington
Missouri River Railroad.
Company. The Ameri¬
The bonds of 1876, for purchase of St. Louis Rock
can Dock &
Improvement Co. executed a mortgage unpaid in December, 1875. (V. 20, p. 404.)
Isl.
&
C.
for $4,000,000, in 1877, to secure its
Chesapeake dk Ohio.—Sold in foreclosure April 2,
RaUroad, are plain bonds of Chicago Bur¬
bonds. Tne
following table shows the receipts, expenses and net 1876, for $2,750,000 and re-organized, with securities lington & Quincy, but offset by 7 per cent mortgage
bonds
as above, when all are
of
like amount, secured on St. Louis Rock
earnings, including Lehigh & Susquehanna Divi¬
issued. The payments on
old Virginia Central bonds and
Island & Chicago road, and deposited with trustees.
sion:
coupons, and notes
Receipts.
Expenses. Net earn’gs. issued therefor, were made as per circular, Chron¬ (V. 24, p. 63, 111, 202, 274; V. 25, p. 138; V. 26, P190, 548; V. 27, p 356.)
icle, V. 27,
$8,589,631
$4,140,601
$4,449,010 (V. 24, p. 62,p. 94. Net earnings 1876-7, $339,307.
1875
299, 320; V. 25, p. 136, 641; V. 26, p.
7,411,637
4,128 ^7
Chicago dk Canada Southern.—Connection of Can¬
8,282,910
1876
17. 342, 522, 625; V. 27, p. 15, 94.)
ada Southern.
6,946,000
Interest in default. (V. 25, p. 261.)
3,684, m
3,2«®,000
1877.
5,659,067
Cheshire.—Net income, 1876-77, $78,156. New 6
3,2 9,597
Chicago,
Cincinnati dk Louisville.—Ho informa¬
2,449,571
(V. 24, p. 63, 111, 135, 156, 204. 226,
249, 274, 275, per cent bonds for $586,0 0 authorized, to redeem tion furnished.
299, 396, 420, 445, 494, 5 1 7, 590, 604: V.
Chicago Clinton Dubuque dk Minn.—This is the
25, p. 63,457, bonds of 1880. (V. 23, p. 548; V. 26, p. 495.)
591; V. 26, p. 40, 66, 95, 141, 216, 315,
final reorganization of the Chic. Clin. So
391, 495, 574,
Chester Valley.—In hands of trustees and
Dnbuque
592, 624.)
leased
and
Chic. Dub. So Minn, roads. (V. 27,
to Philadelphia &
p. 331.)
Reading.
Coupons
due
1860, paid
Central Ohio.—Leased to Baltimore & Ohio
Chicaao dk East Illinois.—Chic. Danv.& Vine, sold
RR. May, 1876.
in 1866 for 20
in foreclosure, and
years; rent 35 per cent of gross re¬
re-organized. On income bond*
Chicago db Alton.—The report for 1877 is given at interest is to be
ceipts for five years, and 40 after. Pays 6 per cent length
paid as earned, not over 7 per year.
in V. 26, p. 213, and shows
dividends.
gross earmnes of
25. p. 40, 334,356, 431, 618; V. 26, p. SC4,
$4,464,343, and net earnings of $2,107,337, against (V.
315, 419.)




October 26,

RAILROAD STOCKS AND BONDS.

1878.]

Subscribers will confer

a

DESCRIPTION.
on

first page of

by giving immediate notice of

great favor

Miles Date
of
of
Road Bonds

tables!

Chicago dk Iowa—let mort., coup., may be reg.
Chicago, Iowa dk Nebraska—Stock
2d mortgage (now 1st)

1st mortgage, main line
1st mortgage, on branches
;
1st mortgage, on Muskegon & Big R. Branch
Chicagoy Milwaukee dk St. Paul—Com. stock...
Preferred st’ck (7 p. c. y’rly, not cumulative).
Consolidated mortgage (for $35,000,000)....
1st mortgage (Lacrosse Div.)
2d mortgage
£
1st mortgage (Iowa & Minnesota)
1st mortgage (Minnesota Central)
1st mortgage (Iowa A Dakota)
1st mort., Ia. A Dak. Exten. ($15,000 p. m.)
1st mortgage (Prairie du Chien)
s
2d mortgage (Prairie du Chien)
Milwaukee & Western
St. P. A Chic. 1st M. (Riv. Div.) $ A £(conv.)
1st mortgage, Hastings & Dakota
1st mortgage, Chicago A Mil. line

Western Union, 1st mortgage

dk Northwestern—Common
Chicago
Preferred st’ck

1871
....

82
166

66
....

52

1,412

1875
1863
1864
1867
1864
1869
1878
1868
1868
1861
1872
1872
1873
1866

220

40

f-l

100
235

235

%
§•§
o-£

0.2

130
75
85
197

1,459
(7 p. c. y’rly, not cumulative)
1,459
193
Bonds, pref. (sink’g fund), 1st mort., Chic, to Osh
Interest bonds, funded coup., 2d m., Chic, to Osh.
193
1st mort., general, 3d mort., Chic, to Oshkosh
193
23
Appleton exten., 1st mort. on 23 miles and land..
Green Bay exten., 1st mort: on 26 miles and land
26
1st mort., Galena A Chicago Un. RR. extended...
248
Mississippi River Bridge b’ds, lien on net earnings
1st mort. (Peninsular RR.) on roads and lands...
74

stock

1st mortgage (Beloit A Madison Railroad)
Consol, smk’g f’d M., (all above convert, into this)
Madison extension, 1st mort., sinking fund, gold.

....

1859
1862
1859
1862
1853
1863
1863
1865
1871

46
779
126
85
25
120

$1,000

$1,750,000

100

3,916,200
568,200
211,500
3,600,000
1,000,000
477,000
3,523,000
1,350,000
1,280,000

100 Ac
500 &c
....

1,000
1,000
1,000
1,000
1,000
100

15,404,261

100

12,279,483
7,341,000
6,600,000
600,000

1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
_

.

.

3,810,000

.

1,000
1,000
1,000

•

100
100
100 Ac.
100 &c.
100 &c.
500 &c.
500 &c.

2d mort.,
1st M. exten,

do

137
175
75
62
156
70
64
732

do

gld, land gr., s. f.
Iowa Midland, 1st mort., guar, by Chic. A N. W..
Northwestern Union, 1st mortgage, gold
Chicago dk Paducah—1st mortgage
:
Chicago, Pekin dk Southwestern—1st mortgage
2d

mortgage

Chicago, Rock Island dk Pacific—Stock
Branch bonds (sinking fund $40,000 per yr.)
1st mortgage (for $12,500,000) coup, or reg
Chic.& Southw., IstM.g. (g’d in cur. by C.R.I.AP.)

206

1856
1860
1854
1865
1877

224

185
185
567
567
180
180
60
60
60
60
98
56
56
148
36
36
90
88
138

$13,000,000)

Chicago St.Paul dk Minneapolis—1st mort., g.,coup.*
Land grant inortv income, coup. (2d on road)
Cincinnati, Hamilton dk Dayton—Stock
mortgage of 1853
do

1875
1877
1869

636
271

Iowa South. A Missouri North. RR. stock
Chic. St. Louis dk AT. O.—1st M. (N. O. J. A G. N.)
hi mortgage, (N. O. J. & G. N.)
1st mortgage, (Mississippi Central)
2d mortgage,
do
Chic. St. Louis & N. O. 1st mort. (for
do
do
- 2d mort.
(for $8,000,000)..

1st
2d

1871-1
1871
1870
1872
1873
1871
1871

1865

Consol, mort. (for $3,000,000), sink, fund 1 p. c..
Cin. Ham. & L (Junction) RR., 1st mort., guar...

Cincinnati, Lafayette dk Chicago—1st mort., goid

Consolidated mortgage
A...
Cincinnati dk Muskingum Valley—1st mortgage....
Cin., Richmond dk Chic.—1st mort., guar. C. H. AD.
2d mortgage, guar, and owned by C. H. & D
Cin. Richmond dk Ft. W.—1st mort., gold, guar

Cincinnati, Sandusky dk Cleveland—Stock
Preferred stock

Mortgage bonds, Sandusky, Dayton A Cincinnati
do
Sandusky city & Ind
do
Cincinnati. Sandusky A Cleve...

158,000
272,000
249,000
4,807,500

500 &c.

Chicago dk Iowa.—^old Mar. 9,1878, in foreclosure

of 2d mortgage

of $1,150,000, and a re-sa e ordered.
Net earning* lS'te-?, #114,300. (V. 25, p. 138, 307;
V. 26, p. 100, 264; V. *7, p. 40, 251.)

Chicago, Iowa & Nebi'aska.— Leased in perpetuity
Northw., at 37)4 per ct. of gross receipts.

to Chic. &

Chic. & Lake Huron.—This

was

a

consolidation

of the Penineulur Railroad and Port Huron & Lake
Mich. To be sold in foiec osure nnderthe sectional

mortgage*.

(V. 24.

p.

v'5; Y. £5, p.

Y. 26, p. 116; V. 27, p. 40%)

Chic. MU. & St. Paul.—Net earnings 1877, $3,574,460; 1876, * 3,100,847; 1875, $3,085,389. The earnings
were reduced in 1874 and 1875 by the lower freight
rates imposed by the Wisconsin railroad law.
The
law was modified, and with April, 1876, higher rates
again took effect. Annual report for 1877, V. 26, p.
364. The following is a comparison for three years
of operations, and financial condition at the close of
year:

1877.
Miles
Stock
Debt

Earnings. ...
Op. expenses.
Net earnings.

1876.

$27,681,744

" 1,399
$27,673,744

29,954.500

30,010,500

8,114,894

8,054,171
4,953,321.

1,412

4,540,433

3,574.460

3,100,847

1875.
1,399

$'27,673,744
27,129,000
'8,255,743
5,170,354
3,085,389

Of ccnsol. bonds of 1875 enough are reserved to

1,000
1.000

700,000

1,000

300.000

100

20.979,800
916,000

1,000
1,000Ac

9,<!00,0Q0

100 Ac.

5,000,000
5,000,000,

1,000
500 &e.

2,941,000
1,500,000
896,500

100 Ac,

1,600,000

1,000

1,791,000
?

2,80*0,000

1878

500 &c.

2,018,000
3,500,000

1853
1865
1875
1873
1871
1874
1870
1866
1869
1871

1,246,000

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

494,000
1,500,000
1,846,000

1,000

1,120,000

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

471,000
1,500,000
560,000
65,000
1,800,000

50
50

4,005,750

1866
1852
1867

....

155.000

2,700,000
12,343,000
2,750,000
1,650,000
4,375,000
1,350,000
3,500,000
2,961,000

500 Ac.

429,037
750,000

350,000
....

1,100,300

-

8
5
7
7
7 g.
7 g.
8
8
8
8
7 8.

follows:
Gross

earnings.
$13,583,847

Expenses

Net

and taxes.

earnings.
$6,827,720

$6,756,1*26
6,517,680
5,829,819
7,408,857
5,361.8 3
12,707,126
7,984,694
4,723,031
All other bonds, including those of proprietary roads,
may be absorbed by the gold loan, and that amount
is reserved from the $48,000,000. Divid’nds have been
1876-77...
1875-76
1874-75

.

11,377,50 )
12.773,7:1




Where Payable, and by
Whom.

Stocks—Last
Dividend.

J. & J New York and Boston
J.
J.
F.
M.
M.
M.
J.
M.
M.

& J

July 1, 1901
July 1, 1878
July 1, 1888
Aug. 15,1892
New York.
May, 1889
do
May 1, lbOO
Bost., Treasurer’s office.
Sept. 1889
do
do
July, 1« ‘0
do
do
Nov., lsal
do
do
Sept. 1, 1892
New York, Office.
Jan., 1871
do
Oct. 15, 1878
do
do
do
July 1, 1905

Boston, by Treasurer.
& J Boston, Merchants’ B’k
A A New York, Park Bank

(V. 25, p. 15, 230,476; Y. 26, p. 574, 599,
653.)

Baid
follows:
on pref.,
3 on com.;
iec., as
1877,
3% onJune,
pref.; 1878.
Dec.3)4
1876,2*4
on pref.;
July,
1873,3)4 on pref.; Dec 1872, 3)4 on both; June, 187*2,
3)4 on pref.: Dec., 1871, 3#on pref.; June, 1871, 5
on both; Dec., 1870, 5 on both; June, :870, 2onpref.;
Dec., 1869, 5 on pref., 4 on com.; June, 1869, 5 on
both; Dec., 1868. 5 on both. (V. 25, n. 160,444, 532;
V. 26, p. 469. 574; V. 27, p. 140, 110, 372.)

$3,100,595: not earnings, $476,744.
308, 432, 45S, 53 M

Chic Pek. dk Southwyn.—Receiver appointed June,
1877. Net earnings 1876-7, $58,241. (V. 25, p. 16,

618.)

(V. 25, p. 212,

Chicago St. Paul & Mi neapolis.—This is the
West Witconsin RR. reorganized.
The 1st mort.
is a 2d on the lands; the land mort a 2d on road,
but no foreclosure can be had except on default on
1st mort. The lands mortgaged are about ;iCO,000

acres.
(V. 24, p. 543; V. 25, p. 41, 115; V. 26, p.
416; V. 27, p. 332.)

Cine. Ilam. &

Dayton—Net income ia 1877-8

$82,784 after payment of interest. Defaulted on
C. H & I. guarantee in 1877.
(V. 25, p. 186, 569,
591; V. 26. p. 117, 599, 624; Y. 27, p 316.)
m

.

Chicago dk Paducih.—Gross earnings 1876-7, $271,370; net, $68,294. (V. 23, p. 487.)

623,

Chic. St. L. & N. O —Operated as a connecting line
with Illinois Central.
Formed by a consolidation
after foreclosure in 1877.
Gross e>rnings 1*<?7,

....

Chicago Rock Island dk Pacific.—In 1877-8 gross re¬
old debt. Dividends have been paid since ceipts were $7,895,370; net receipts, $3,511,356; divi¬
1869—on pref. stock—in 1878 10# cash, in 1877 3% dend payments (8 p. c.) $1,678,384; surplus for the
cash, in 1876 14 per cent in bonds, and 3yt per cent year, $665,647. Owns stock of la. So. & Mo. North,
in cash; in 1874 7 in bonds, 1873 7 cash, 1872 7, 1371 and paye 2 per cent quarterly to Rock Island stock¬
7, 1870 7 and 3 scrip; on common stock in 1871 7 holders. making their quarterly dividend actually
scrip, 1870 3 cash and 7 scrip. (V. 25, p. 138,431; 2)4 per cent. Controls Peoria & Rock Island road.
Keokuk & Des Moines RR. was leased May, 1878.
V. 26, p. 117, 264, 599; V. 27, p. 172, 251, 322, 382.)
take np

PayableJ

Bonds—Princi¬

pal, when Due*

& N.
& N.
& S.
& J.
& N.
& S.
J. & J.
A. & O.
31s
J. & J.
7
J. & J.
7
1893
do
do
A. & O.
7
1884
do
do
J. & J.
7
1897
do
do
7
J. & J.
1894
do
do
J. & J.
7
1899
do
do
J. & J.
7
do
do
July 1, 1908
F. & A.
8
1898
New York, Office.
F. & A.
7*3
1898
do
do
J. & J.
7
1891
do
do
7 g. J. & J. London and New York.
Jan., 1902
J. & J.
7
1902
New York, Office.
J. & J.
7
1903
do
do
F. & A. N.Y., Mil. A St.Paul RR.
7
Feb. 1896
J. & D. New York, Co.’s Office. June 27,1878
3
J. & D.
June 27,1878
do
3*2
do
7
F. A A.
do
do
Aug. 1, 1885
7
M. & N.
Nov. 1, 1883
do
do
F. & A.
7
do
do
Aug. 1, 1885
F. & A.
7
do
do
Aug. 1, 1885
F. & A.
7
do
do
Aug. 1, 1885
7
F. & A.
Feb. 1, 1882
do
do
Jan. 1, 1884
7
J. & J.
do
do
7
M. & S.
do
do
Sept. 1, 1898
J. & J.
7
do
do
Jan., 1888
7
Feb. 1, 1915
do
do
Q.-F.
7 g. A. & O.
do
do
April 1,1911
J. & J.
7
do
do
July 1, 1898
J. & J.
7
do
do
July 1, 1906
7 g. J. & D.
June 1, 1911
do
do
7 g. J. & D.
Dec. 1, 1902
do
do
Jan. 1, 1887
J. & J.
7
do
do
M. & N.
Nov. 1, 1907
7
do
do
Dec. 1, 1916
7 g. J. AD.
do
do
A. & O.
Oct. 1, 1900
8
do
do
Jnne 1, 1917
7 g- M. & S.
do
do
J. A J.
7
July 1, 1903
F. & A. N. Y., Farm. L. A T. Co. Aug. 1, 1901
8
1891
A. A O.
8
2
Q.-F. New York, Co.’s Office. Nov. 1, 1878
F. & A.
6
do
do Aug. 1, 1895
J. A J.
6
do
do
July 1, 1917
M. & N.
7
do
do
Nov., 1890
Nov. 1, 1878
2
do
do
Q.-F.
J. A J. New York, Co.’s Office.
8
July 1,1886
A. A O.
Oct, 1,1890
8
do
do
\I. A N.
7
do
do
Nov.’74,’79 ’84
Nov. 1, 1886
F. A A.
8
do
do
M. A N.
Nov. 1, 1897
do
7
do
r. A D.
Dec. 1, 1907
6
do
do
o g. M. A N.
New York, at Office.
May 1, 1918
6 g. M. A N.
do
do
May, 1898
4
A. A O. S.Y., Winslow, L. A Co.
April, 1873
M. A N.
7
do
do
May 1, 1880
7
J. A J.
do
do
July 20, 1885
A. A O.
do
do
7
Oct., 1905
J. A J.
do
7
do
Jan., 1903
Mch. 1901
7 g. M. A S. N.Y., J.S.Kennedy A Co.
T. A J.
do
do
Nov. 1, 1914
7 g.
I. A J. New* York. Moran Bros.
7
Jan., 1901
,
J. A J. N. Y., Winslow, L. A Co.
7
July 1895
7
do
Jail. 1, 1889
I. A J.
do
7 g.
J. AD,.N. Y., Winslow, L. A Co.
June, 1921
1872
10s.
Boston, Office.
M. A N.
do
3 •
do
May 1, 1878
6
F. A A.
do
do
Aug. 1, 1900
M. A S.
do
do
7
Sept, 1, 1877
7
1. A D. N. Y., Union Trust Co. Dec. 1, 1890

paying interest, was $3,147,2fi5, and on the whole
system, including proprietary roads, $2,464,487.
The net deficit on proprietary roads was $682,688,
including the interest on their bonds. Lands of
the company are 2,*<43.188 acres unsold.
Operations
of the C. & N. W. proper, for four years, compare
as

When

Rate pei
Cent.

Chicago dk Northwest.—The fiscal year ends with
May. The last annual report will be found in the
Chronicle, V. 27, p. 17U. The net surplus of the
year on the Chic. & Northwest, lines proper, after

1677-78

1873, except on the $477,000. Foreclosure sale to
be held Nov. 15, 1678. (V. 24, p. 493; V. 26, p. 495,
599; V. 27, p. 227.)

1,000
500 &e.

3,150,000
1,700,000

1877
1878

90, 212, 283;

Chic, dk Mich. Lake Shore.—In default since July,

1,000
100 Ac.

100

,

190,000
640,000
(?)
3,674,000
1,315,000
234,000
4,000,000
213,000
2,500,000
3,500,000
14,988,807
21,525,602
1,214,100
708,600
3,477,800
116,000
235,000

1,660,000

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

Chicago A Milwaukee, 1st mortgage, 2d lien
1,000
Menominee River, 1st mort., guar., (for $400,000)
1876
Menominee extension, 1st mortgage, gold
500 &c.
1871
Gen. cons mort., gold, coup, or reg. (^48,000,000) 1,058
500 Ac.
1872
Winona A St. Peter, 1st mort., guar by Cliic.&NW. JL37 1870-1
1,000
do
do

Amount

Outstanding

....

370
370

j

any error discovered In tbese Tables.
INTEREST OR DIVIDENDS.

j

Value.

....

1,412

or

Par

1860
1863
1869
1870
1869
1870
1871
1872

82

3d
do
(now 2d)
Chic, dk L. Huron—Peninsular, 1st
M.,gold, s. 1
Port Huron & L Mich., 1st mortgage
Chic, dk Mich. L. Shore—1st M., New Buff, to St. Jo

.

80
82

Size,

xvii

Cincinnati, Lafayette & Chicago.—Gross earnings
1876-7, $.28,172, net, $116,159. (V. 20, p. 568.)

Valley.-Is leased for 99
from 1873 to Pittso., Cin. & St. Louis for net
eam’gs, but bonded interest is guaranteed. Net earn¬
ings, 1877, $25.885—total loss to lessee, $79,114. (V.
22, p. 5.10, 614.)
Cincinnati & Muskingum

years

•

Cincinnati, Richmond & Chicago.-- Leased to Cin.,

Ham. & Dayton, which owns most of the stock.
income above interest, 1875-6, $8,229. (V. 21, p.

Net
62.1

Cincinnati, Richmond & Firt Wayne.—Leased to
Grand Rapida for 99 years. Interest guaranteed by
Gr. Ban., Cin. Ham. & Dayton, and by Pennsylvania
Co. (Y.22, p. 532; Y. 24, p. 563; V. 27, p. 172.)

Cincinnati, Sandusky dk Cleveland.—In the year
ending Jnne 30, ls77, gross earnings were $655,4$);
expenses, $530,677; net earnings, $124,743.
Six
coupons on 2d mort. bonds funded, beginning with
Jnne, 1877. (V 25. p. 380, 4«»7, 430, 510, 591; V.
26, p. 116, 141; Y. 27, p. 303, 382.)

STin

RAILROAD STOCKS AND BONDS.

.Subscribers will

confer

DESCRIPTION.
For

explanations? column headings, &e.,
on
first page of tables.

Cincinnati

<t

see notes

..

<f

Pittsburgh—Guaranteed

stock

Colorado Central— 1st
mortgage, convertible
Columbus if Hocking

Valley—Stock

1st mortgage, sinking fund
bonds
1st mortgage,
Logan A Straitsville Branch
2d mortgage bonds

Columbus, Chicago

if Indiana Central—Stock
1st M (consol.)
Columbus, Chic. A Iml. Central..
do
Chic. A G’t East. (Chic, to
do
Col. A Ind’polis Cent. (Col. Logansport).
to Jnd’s A br).
do
Union A Lognnsp’t (U’u
City to Logansp’t)
do
Tol Logansp’t A
Burl.(Logansp. to Ill line)
do
Col. & Ind. 1st A 2d p
ref. (Col. to U’n Citv)
do
Cinn. A Chic. Air Liue(Riclim’d to
Logans.)
2d M. Col. A Ind’polis Cent.
(Col.to Union Citv)..
do
Indiana Central (Imliaiiauolis to Ohio
line)
do
Chic. A G’t East, construe. (Chic, to
Rieli’d)
do
Columbus, Chicago A Ind. Central
Income coiiv. do
do
do
..

Income (Toledo, Logansport A
Burlington)
Columbus. Springfield if. Cincinnati—1st mort
Columbus if Toledo—1st
mortgage, coupon, s. f

Con cord—Stock
Concord if Portsmouth—Stock,
guaranteed
Connecticut <f Pass-urn psic—Stock
New’ mortgage (for

Aiassawippi st’k,

$1,500,600)

guar, same div. as Conn. A Pass.
guar, by Conn. A Pass

Cumberland Valley—Stock
($484,900 preferred)
1st mortgage
2d mortgage,
sinking fund guaranteed
Common bonds
Dakotah Southern—1st
mortgage, coup., s. fund...

guar. C. II. A

per year

mortgager.

Cincinnati <fc Spinngfid<l. —Leased m
perpetuity
Clev. Col. C. & I., with
guarantee of intercut:
on first
mortgage, half of interest is also guaranteed
by Lake Sh. & Al. S. (V. Si, p. m)
to

Cincinnati, W bash tfe Michigan.—Some bonds
held by L. Sh. & Mich. So’n. but no
indorsement by
Jan., 1878

Cleveland, Columbus, Cincinnati

188,778,V. 25,
against510;
t20;
$702,'*17
V. 26,in
p.

p.

1,000

1,000
100
500

1,000
1,000

1,000
50
500 Ac.

500 Ac.
500 <fcc.

500,000
1,350,000
950,000

50

11,243,736

& Tndlanop.—
Net earnings 1877,

1876.
287.)(V. 24,

p. 219

1,000
1,000
1,000
1,000
loo Ac.

1,000

-

-

•

.

50
500 Ac.

1872

1,000
1,000

1808

1,000

100
....

....

1804
1805

.....

....

....

....

,

....

....

....

1S57

500 etc.

....

....

587

1871-

1875

....

41

85
*

13

85
27

1,000
1,000
50

....

....

1,000

....

50
4
*

.

.

.

100

100
100 Ac.
100 etc.
100

.

1873

1809
1875

1,000
1,000
50
500 etc.
500 etc.
100 etc.

....

..

1874

1,000

’GO-’72

50
100 etc.

1809
1870

1,000

....

....

50

....

1871
1856
1807

50
1,000
1,000
1,000

1809

61A 04: 500 Aic.
1805
1,000
50
1859
...

....

1,000
\

7

0
7
7
7
0
8 g.
4
7
7
7

13,938,972
10,428.000
451.000

4

7
7

2,032,000
775,000
531,500
313,000
217,750
821,000
000,500
341,400
3,692,000
3,847,000
74,024
1,000,000

rr

4

7
7
7
7
10
7
r-»

2,343,000

7
7
7
7

1,780,200

2.

302,000
1,500,000

7
5

350,000

2,175,500

1,272,000
123,000
400,000

2.100,000

....

....

7
7 g.
7 g.'

584 000

100

1,000

....

?*

1,272,000
2,011,000
1,500,000
300,000
700,000

400,000

....

1800
1803

3^

2,180,000

262,500

1871

7
7
7 sr.
3
7
7
7
7 or 0 g.

1,104,844
2,700.000
1,330,000

1,000

....

1875
1875

175,000
429,000
3,000,000
2,422,000
2,759,200
030,000

1,000
1,000

180*8
1807
1870

051,000
1,824,000
14,991,800

1,000,000
990,000

803,500
594,000
1,777,850
101,000
109,500
81,800
558,000

600,000
500,000
2.000.000
1,710,000
2,395,350
1,280,100
1,870,000
420,000
350,000
105,500

014,000
1.430,210
3 00,000
050,000
1,500,000

3j-2
3
7
7
1
o g.
7
4
7
0
0
0

2b>
8
8
0
7 g.

1^2
7
7 g.
5 g.

1%
2
7
7
rr

4

7
6 A 7
3

0
0
7

Co'umbus, Chicago <k

Indiana Central.—On Jan.
leased (amended Feb. 1. 187i\)
by
the Pittsburgh Cin. A St.
Louis, guaranteed by
Penn. Railroad.
The amended lease guaranteed
interest on $15,821,000 o! first and second
bonds.
Aug.. ’74. default was made on the

22, 1869, it

was

April 1, 1875, defaulted

$5,000,000 seconds.

on 1st mort.
The guarantee
interest was absolute, but the
Pennsylvania Rail¬
road claims that the C. C. .t I.
C. Co. did mot fulfil
all its part.
bondholders claim that no such failure
after bonds had been sold with the
could
prejudice their rights. The case wasguaranty
argued before
.Justice Harlan of U. S. Circuit
Court, Aug., 1878.
Interest on most of the old nfior bonds has
been
taken un. (V. 23, p. 40.
254, 547; V. 24, p. 157
42<>, 589: V. 25. p. 62, 113. 495; V.
26, p. 168, 389,
522, 574; V. 27. p. 12, 199.)
Columbus <£• lo'e >o.— Gross
earnings, ’77, first year

of

Cleveland & Mahoning Val’ey.—Is leased to At¬
lantic Sr. Croat Western. (V. 20,
p. 85, 139; V. 23,
p. 232, 40 L)
Cleveland, Mount Vernon & Delaware.—Defanlted
July, 1874, and coupons due then and one-half of
of operation,
coupons from Jan. 1. 1875, to and including
$330,882; net, $119,602. (V. 26, p.39d.)
July 1,
1877. were postponed to Jan.
1,18*5. and the remain¬
Columbus
<£
Xenia.—This road is leased to the Liting half to be paid, but this failed
July, -877. a-'d tl Miami Co., and both roads for 99
negonations are pen ing.
years to Pitts¬
Cross earning- 1877,
burg
Cinn.
A
St. Louis Co.; the lease is
$388,8.6: expen>esj $307,171; net. $81,724. Interest
guaranteed
by Pennsylvania Railroad, and the terms are 8
cha:ge. $i21,1)82. (V. ;2, p. 350; V. 2i, p. 248.)
per
cent on stock and interest on
bonds.
Cleveland & PiHsburgh.--\jen*e&to
Concord.—'dtd receipts in 1S77-8,
Pennsylvania
$349,453. (V.
Railroad at 7 per cck. on stock, besid.es
expenses 24. p. 541: V. 26, P.-521.)
and interest, and tr ansferred to
Pennsylvania
C<>.
Concurd
tfc
Portsmouth.—Leased to Concord RR.
In 1877 tli! re va* a net (‘elicit < f s2o7,lil to
lesr(.e. at $25,000 per year.
<V. 24, p. G.t ; Y. 26, p. 67, 2 ST)
Connecticut <4 Passumpsic.—Annual
Cleveland, Tuscarawas Valley <k Wheeling.—This
report to
June, 1878. showed net earnings for
road was sold under a 2d mortgage, Jan. 27.
year $222,590.
P'75, and against $244 340 in 1816 7. The
new
re erganized.
(^ross earnings, 1877,
mortgage of
$-59>.463; net, $1,500 000 will retire prcvioiif issues.
(V. 23, p. 301,
$181.52'. (V. 24, p. 563: V. 26, p. 2^9.1
547; V. 25, p.211,431; V. 26.
p. 367.)
Colelrook'-ale.— Leased to
Philadelphia <fc Lead¬
Connecticut. Central. Net
earnings, 1876-7, $iL‘,:&0.
ing. No dividends paid on stock.
(Y. 22, p. 209.)
Colorado C■ nival.—Built mainly
by Union Pacific,
Connecticut hirer.—Net
which holds the bands,
$5,270,593 in all. (V. 23, p. against $217,780in 1875-5. earnings 1875-7. $201,931,
(Y.23,p.500; V.26,p.94.)
183; V. 26, p. 126. >
Connecticut \ alley. In default and
Columbus & Hocking Valey.—Gross
surrendered
to
State Treasurer as trustee for
I0'.?. *8c8.vr.9: net, $357,755, against $386.83earnings,
bondholders.
i in 1876.
Net earnings, 187 i 7,
$59,<19.
(V.
23; p. 40, 575
<V. 24, p. 395; V. 25 p. 90; V. 20, p. 390.)
G22; V. 25, p. 6 i 6 ; V. 26, p. 18, 40.)




In these Tables.

INTEREST OR DIVIDENDS.
Bonds—Princi¬
pal, When Due.
Rate per When Where
Payable and by Stocks—Last
Cent.
Pay’ble
Whom.
Dividend.

miO AATk

588

33
33
117
100
142
142
142
142
142

D.)

3d mortgage
Toledo depot (cost
$353,940) 1st and 2d
Dayton if- Western—1st M., guar. L. M. A: C.mortgage
A X
Delaware Railroad—Stock
Extension mortgage
Mortgage bonds, convertible, guar. I\ W. A B
Delaware if Bound Brook—1st

Annual report in V. 2n.
p. 281.

$2,000,000

1870

....

...

that company. Went into trustees1
hands
(V. 26, p. 40, *166. 192, OR.)

$1,000

1802
1807
1873

101
18
78
89
70
13
89

01*2

Danbury if Norwalk—Stock
1st, 2d and 3d mortgages
Danville, Urbana. BTton it Pekin—1st M.. gold
Davenport it Norths-extern—1st mortgage, gold.
Dayton if Michigan—Com. stock (Signal*.
C.IL&I).;
Preferred
2d mortgage

1873
1870
1870
1870
1871

225
199
199

50
44
7
38
38
110
52
52

Pennsylvania—1st mortgage

sinking fund, $30,000

....

....

....

2d mortgage, sinking fund,
(guaranteed)

1st mortgage,

Outstanding

1800
1804
2 809
1874

145

38
38

Connecticut Valley—1st mortgage
Connecting (Phila.)—1st mortgage

stock. (8 percent,

138
202
390
390
80
07
07
35

5*8
117
208
93
01
102
107
102
72
224

Amount

Value.

....

1871

Connecticut Central—1st
mortgage for $400,000...
Con neetici11 Rircr—»Stook

.

1871
1872
1871

114
471

110

bonds,

if

or

par

discovered

-

80
48

45
118
55
55
141
41
140

1st mortgage

Notes, coupon

Size

....

Columbus if Xenia—Stock

Cumberland

of

1 875

mortgage (now 1st)
Consolidated sinking fund mort. for
Construction and equipment bonds $5,000,000..
Cleveland, Tuscarawas Valley if:
Wheeling—1st m...

do

Date

of

Springfield—1st

..

4th

Miles

Road. Bonds

mortgage, guar
2d mortgage
Cin., Wab. if Mich—1st mortgage
Cleveland, Columbus, Cincinnati <f Ind.—Stock..
1st mortgage (C., C. A C.
RR.) $25,000 a year
do
(Bel. A Ind.) exch. for new mort...
do
C., C., C. A I. sinking fund
Consol. M. for $7,500,000 (sink,
fund 1 per et.)
Cleveland d- Mahoning
Valley—Stock
1st mortgage, extended
Newr bonds
Niles A New’ Lisbon, 1st
mortgage
Cleveland, ML Vernon d- Del.— 1st mortgage,
gold
1st mortgage, Columbus
Extension
Cleveland

fvt>u xxvn.

^reat favor by givhi:; im neHate
notice of any error

a

A.
J.
J.
F.
J.
J.
M.
J.
M.
F.
M.
J.
J.

&
&
A
A
A
&
&
&
&
&
A
&
A

0.

4T

N. Y., U. S. Trust Co.
do
do

J.
J.
A.
D.
J.
N.
D.
N.
A.
S.
J.
J.

Wabash, Indiana

April 1, 1901
1902

July 1, 1891

•

N. Y.t U. S. Trust Co.
do
do
do

Feb. 1, 1876
June, ’75 to ’84

do
do
do

New York

Until 1899

May, 1899

Loudon.
Cleveland, Office.
N. Y., Ward, C. et Co.

June* 1,1914

or

1877

N, Y., Union Trust Co.
N.Y., Winslow, L. & Co.
do
do

do
\T Ar
Q
do
Q.-M. N. Y.f Farm. L. A T. Co.
J. et J.
do
do
M. et N.
do
do
J. & J.
do
do
7

Cleveland, Ohio.

A T)

J. et D. Boston. Treas.’s Oflice.
F. & A.
Columbus, Office.
A. et O. N. Y., St. Nich.Nat.
B’k
J. & J.
do
do
J. & J.
do
do
A. & O.

J.
A. A ().
F. A A.
J. <fc J.

N. Y., A
do
do
do
do’
do
do

Various
M. et N.
J.

& J.

& J.

F. A
F. et
F. et
M. <t
F. et

A.
A.
A.
S.
A.

Tot,

1

T QH",

Sept. 2,
Jan.,
Nov. 1,
Jan. 1,
June 1,

1878
1892

1900
1913
1890

Aug., 1878
Oct.

1, 1897

July 1, 1880
Jail. 1, 1892
1893 to’95

et

J.

Jan., 1890
1, 1900
1, 1901

Jan.
Jan.

April, 1908

Various
J.

Aug. 1, 1893
Sept., 1906

.

Nov.,
Dec.,
Feb.,
Dec.,

Iselin et Co.
do
do

1883
1886 to’90
Nov., 1904
Jam, 1882

do
do
do
-

do
-

N.

Y., A. Iselin <t

Co.
N. Y., Union Trust Co.

Q.—M.

1904
1905
1884

New York.

Columbus Treasurv.

Feb., 1890

Sept. 1, 1901
Aug. 1, 1905

Sept. 10, 1878
M. & S. N. Y.. Am. Excli. N.
B’k
M. et N. Boston. Tower. G. et Co. Sept. 1, 1890
May 1. 1878
J. et J.
Boston.
July 1, 1878
F. et A.
Boston Office.
Aug. 1, 1878
A. et O.
do
April 1, 1893
Various
do
Jail. 1, 1881
F. et A.
do
Aug.
1, 1878
J. A J.
do
July I, 1889
A. et O.
Oct., 1895
,T. et J.
Boston, Bost.et Alb.RR. July 1, 1878
J. & J. N. Y., Am. Excli. N.
Bk. Jan. 1, 1901
M. et S.
Philadelphia.
1900-’l-’2-’3-’4
M. & S. New
York, Co.’s Office. March 1, 1891
M. & N.
do
do
May 1, 1888
Q.-J. Pliila. and Carlisle, Pa. Oct. i; 1878
A. & O. Phila., T. A.
Biddle et Co April 1, 1904
A. et O.
do
do
April 1, 1908
A. et O.
do
do
Jam 1, 1884
F. et A.
New York.
Feb. 1, 1894
Q.-M. Now York and Danbury June, 1878
J. et J. New’ York,
84Broadw’y 1880, ’90.'92
A. et O. N. Y., Farm. L. et T.
Co.
April, 1909
J. et D.
Dec. 1. 1906
A. et O. Cincinnati. C. Il.et
D.Co.
April, 1878
Q.-J. N. Y., Winslow, 1.. etCo.
July, 1878
J. et J.
do
do
July, 1881
M. <t S.
do
do
Sept., 1887
A. A O.
do
do
Oct., 1888
M. et S.
do
do
A '94
J. et J. N. Y., Am. Excli. N. B’k Mar.,’81
Jan. 1, 1905
J. et J.
Dover, Co.’s Office.
July 2, 1878
J. et J. Phi la.,Girard Nat.
Bank Jan. 1, 1880
J. et J.IPhil., Fid’lity I.T.et.S.Co
July 1. 1895
F. et A.

Philadelphia.

August, 1905

Connecting.—Leased to Philadelphia & Trenton,
by Pennsylvania; terms, 6 per cent on

and operated

$1,278,390 stock, and interest

on

the bonds.

Cumberland € Pennsylvania.—Owned and
oper
ated by Consolidation Coal
Co., which guarantees
2d mortgage. Stock
$1,500,000. (V. 22. p. 415.)
Cumberland Valley .—The stock is owned in
large
part by Pennsylvania Railroad Co. Net
1877, $254,253. Large advances have been earnings
made to
branch roads. (V. 24, p.
135; V. 26, p. 493.)
Dakota Southern.—The e
irnings of the road are
reporred at $207,000 in 1877, and net
earnings $100,-

000. Second mortg. bonds for
$600,009 were can¬
celled and prof, stock issued. S fund is
4 p. c. in
1879 and 5 p. c. afterwards.
(V. 25, p. 609; V. 26,
p. 334.)

Danbury & Norwalk.--Gross earnings, 1876-77,
$165,215; expenses,
$114,969;
net
earnings,
$50,275. (V.

28,p. 241.)
Danville. Urban a, B oomington & Pekin. This is
a part of the
Indianapolis Bloomington & Western,
now in
-

default.

See 1. B. & W.

Davenj.ort

&
Northwestern.—Organized June,
after fo-eclosu e.
Gross earnings 1877,
$201,510; net, $32,983.
Dayton & Michigan.—Leased in perpetuity to Cin.
Ilam. & Dayton, which
pays interest on bonds, and
guarantees
dividends on stock,
itself
$1,398,100 of the common. fV. 21, p. holding
62 .)
Dayton & Western. Leased to Little Miami, and
with that to Pittsb. Cio. & St. L.
About $90,000 of
old ext. mortg. bonds of
1881, are yet out, which
will

1876,

be retired shortly.
Delaware.—Leased by Pliila. Wilmington & Balti¬
more for 6
per cent on stock and bonds, but if 30

{>er cent of gross earnings does not

pay that, the
balance is charge d annually
to Del. RR. In 1877, 30
p. c. was $125,941.»' (V. 26, p. i 4 !.)
Delaware & Bound Brook.—Part of the new
route
between N. Y. and Phila. Gro-s
earnings 1877,
$238,466; net, *67.044
Floating debt, $259,033.
(V. 32, p. 200, 257; V. 26, p. 342.)

October 26,

RAILROAD STOCKS AND BONDS.

1878.]

Subscriber* will confer

great favor by giving Immediate notice

a

oi

any error

DESCRIPTION.

Miles Date Size, or
For explanation of column
of
of
headings, &c., see note8
Par
at the head of first page of tables.
Road. Bonds Value.

Delaware, Lackawanna A Western—Stock
2d mortgage (Delaware, Lackawanna A
Western)
Mortgage on reads and equipm’t (for $10,000,000)

195
135

288

Bonds (convertible June 1,1875 to ’77)
& Bloomsb., 1st mort. (extension)..

•

Lackawanna

gold, sink.

Des Moines A Fort
Dodge—1st mortgage, coupon

•

88
182
59
59
189

Detroit, Lansing A North.—1st mortgage
Ionia & Lansing, 1st mort.;
coup., may be reg...
do
2d mortgage
do
do
Detroit A Milwaukee—1st
mortgage bonds
2d mortgage, April 28,1856

....

1st funded coupons, Nov. 15,1860
2d funded coupons, Nov. 13,1863
Bonds of June 30,1866 (conditional)

....

....

....

Sterling (Oak, & Otta. RR.) Oct. 1,1853, gold...
Dollar (Oak. & Otta, RR.) bonds,
Oct, 1,1853...

....

.

1st mort. (Detroit & Pontiac RR.),
April 1, 1851.
3d mortgage (Detroit & Pontiac
RR.), Feb. 1854.
2d mortgage, (Detroit A Pontiac

mortgage, 1st division
mortgage, 2d division (for $1,400,000)
Dubuque Southwestern—1st mort., pref., sink, fd
1st mortgage, Oct. 1,1863
Dunkirk, Alleyn. Valley A Pittsburg—1st mort., gold
,

*....

1st mortgage

mm

.

.

.

.

1866
.

.

.

143
100
43
55
55
90
90
90
30
36
36
270
242
112
130

1st
1st

East Broad Top— 1st
mortgage, registered.
East Pennsylvanktr—Stock

.

....

RR.), Jan. 1853.
Bonds of Sept. 1,1866, (Limit $300,000)
Bonds & mortgage on Detroit real estate
Dubuque A Sioux Ciiy—Stock

2d mortgage.
3d mortgage

•

60
25
22
106
262
42

do
do
2d mortgage
Denver A Boulder
Valley—Mortgage bonds, coup..
Denver Pacific—1st mortgage,
gold, land grant..
Denver A Rio Grande—1st
mort.,
fd..

Arkansas Valley, 1st mortgage

•

East Tennessee, Virginia A Georgia—Stock
1st mortgage sinking fund bonds
East Tenn. A Georgia ($92,000 are endorsed)
Sast Tennessee and Virginia (endorsed)
2d mortgage to U. S. Government
Eastern (Mass.)—Stock
Essex RR.lst mort. (extended for 20
years)
Old loans exchangeable (int. ceased
Sept.,’76)
,

mortgage, convertible
Elmira Jeff. A
Canandaigua.—Stock

47

Elmira A Williamsport—Stock common
Preferred stock
1st mortgage bonds.......
Income bonds, 999 years to run
Erie A Pittsburg—Stock
1st mortgage, convertible into consolid. mort
2d mortgage, convertible
;
Consolidated mortgage free of State tax
Equipment bonds
Europ’n A N.A ?n.—1st M., Bang’r to Winn.,Bang’r l’n
Land grant 1st mort. (2d mort. Bangor to
Winn.).

Bangor & Piscataquis, Bangor loan, 1st mortg...

..

mortgage, gold

Fitchburg—Stock

Bonds, coupons ($4,000,000 authorized)
Flint A Pere Marquette—Stock
Consolidated mortgage, sinking fund

given thus:
Net earnings from'ransportation
Less loss in Coal Department, Ac

...

....

$1,4)1,858
l.'.CE* e6f»

$2 4«y,lm
1201,1*51
3,185,202—3 387.21!)
$we8,021
to
$2,82 >,000, and the

mortgage authorized for $10,000X00 is
bonds with

balance for cash resources. The Morris & Essex
Railroad is leased and some of its bonds guar¬
anteed. (V. 24, p. i 81, 505; V. 25, p. 457; V. 28,
p.

191.)

Denver & Boulder
the Denver Pacific.

Valley.— This road is leased

to

Denver FaAftc.—Land grant. 1,100,000 acres. In
1876 gT'nsg earnings were $331,145: net earnings.

$165,537. Receiver appointed April, 1878. (V. 25,
p. 62,476; V. 26, p. 342,408,414, 549; V. 27. p. 253, 274.)
Denver & Rio Grande.—Narrow-gnage road (three
feet). The whole line as projected is 875 miles.
Defaulted on coupons May, 1877. (V. 24, p. 444; V.
26, p. 599; V. 27, p. 67, 227, 331, 382.;
Des Moines A Fort Dodge.—Thrs is part of the
Des Moines Valley, reorganized after f reclosure.
Of the bonds, $l,loo,000 are incomes. 0 mpon* of

Jhn., 1877,

were

funded. Net earnims 1377, $18,765.

Detroit Lansing A North.—The. old road was
sold in foreclosure December 14. 1876, and new
company organized by bondholders, who issued

$1,874,600

common

stock and $2,504,000 pref. s'oek.
(V. 23, p. 599; V. 26,

Net earnings 1877, $282,946.
p.

288.)

Detroit A Milwaukee— This road was operate!
by
the Great Western of Canada, but defaulted in 1873.
and sold in foreclosure Sept., 1878. Netearn.ngs in




500

1,000
1,000
1,000

1,000
1,000

1,633,000
1,495,000
600,000
370,900
209,000
550,000

2,350,000
6,382,500
1,040,000
2,200,000
1,897,000
770,000
81,000
2,500,000
1,000,000
628,525
377,115

1,702,519
150,866
51,000
150,000

862,400

147,000
190,000
4,997,600
194.400
760,038

12,522,338
400,000
200,000

500,000
500,000
500,000

I860

1,000

1863

1,998,400
291,700
2,193,000

1865

81ig

1868

1,000

56
58
49
51
109
23
55
55
189

1869
1869
1869
1852
1854
1860
1870
1873

1,000

....

500 Ac.

1,000
1,000
500 Ac.

1,000
1,000
100

1,000
100

1872
1868

1,000

1868
1867

500 Ac.
500 Ac.

500

1,000,000
570,000

92,300

745,000
1,000,000
2,000,000
814,000
281,000
611,000
125,500
775,000
325,000
5,000.009
500,009
3,298,200
3,242,000
2,058,000
386,500
100,090
75.000

47.405
65
59

1871
1877
1870

10

1,000
1,000
100 Ac.

7
7
7
7
7 g.
7
7
7
3
7
3
7
6
6
4
3
6

500,000

1,000

100 Ac.
100
50
50

2^

1,309,200
495,900
3,019,000

.

>

450,000
2,000,000
1,000,000
200,000

1,000

100 Ac.

-

250,000
100,000
110,000
103,266
5,000,000
296,000
586,000
81,500

1,000

....

7
7
7
7
7
7 g.
7 g.
7 g.
7 g.
6
7
8
8
7
8
7
7
6 A 7
o g.
7
7
8
7
7
10

c

1,968,274

1862

13

pei
Outstanding jRate
Cent.

50
100 Ac,
100

:

account is

prior

1870
50-’56
1856

....

283
283
190
17

per year).

Delaware Lackawanna & Western. — Operations
consist largely of coal mining and transportation.
No annual report is made, except that
required to
the State authorities of Penn.
For 18~7 the Income

up

....

500
500 Ac.

100
81 ig
8 Us

j

take

1858

•

500
50
100 Ac.
LOO Ac

Holly, Wayne A Monroe, 1st mort., sinking fund.'
Florida Central—1st mortgage, gold, coupon
i
Fonda. Johnstown A Qloverseille— 1st. mortgage

Loss for year !877

....

1874

Bay City, E. Saginaw, 1st mort., guar by lessees.
Bay County, issued in aid, guar by lessees

The

1863
1864
1863
1863
1870
1870
1870
1873

....

75
75
75

Evansv. A Terre Haute.—1st in., Ev. A Ill.,
s. f......
1st mort., sinking fund (Evansville to Terre
II,)..
Rockville extension
Evanville, Terre Haute A Chic.—1st mort., gold...

Balance of earnings
Interest on bonds
Rentals for 1377

100

....

1876
1860
1866

39

Construction bonds

Various

.

100

39

2d

$25,000

.

1856

....

Mortgage funding certificates

1st mort.-, land grant, 3d series
Flint & Holly RR. (sinlc’g fund

.

1,000

282

Eastern Shore, (MiL)—1st mortgage,convertible....

2d

....

'

7
5

1^
7
rr

4

7
7
6
6 g.
6 A 7
rr

4

7
7

7 g.
7 g.
3 la
7
8

10
10
10
8
8
c*

300,000

do
do
do
do
do

March 1,18811

do

Sept. 1, 1907*

do
do
do

June, 1892

March, 1885
April 13,1880

J. A J.
M. A S.

do
do

do
do
Detroit office.

Various
A.
J.
J.
J.
A.
J.

A O.
A J.
A J.
A J.
A O.
A D.
A. A O.
A. A O.
J. A J.

J. A
M. A

J.
8.

Jan.

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

do
do

N.Y.,M.K. Jesup,P.A Co.

do
do
N.Y., N.Y. Cent. A Hud.
do
do
do
do

Philadelp

a,

Co.’s Office.

Phila., by P. A R. RR.
Phila., P. A R. office.

A. A O. N. Y., R. T. Wilson A Co.
J. A J. N. Y., Gallatin Nat’l B’k
J. A J.IN. Y.,R.T. Wilson A Co.
M. A N.
do
do

J.

A J.

Boston.
do

M. A S.

113; V. 26,

1, 1888
April 1, 1876

July 1, 1900

1880 to 1886

May 1, 1886

do

Sept., 1906
Jan.

1, 1880
1. 1886

Apl.

Sept,, 1878

<

per

ted

p.

18, 142, 41S; V. 27, p. 148, ‘251.)

p.

Evansville A Terre Haute.—This was the Evans¬
ville A Crawfoidsville.
Common stock is

preferred, $100,000.

$1,-

Net

earnings 1877,
2% per cent dividend

$145,711. The company pajs
2878. (V. 23, p. 4 99; V. 25, p. 456.)
txahsville, Dire Haute A Chicago.—Grose earn¬
ings, 1876 7, $203,371; net, $70,923. (V. 21, p. 136.)
Nov

East

Tennessee Virginia A Georgia. — Leases
Memphis A Charleston Railroad foritsown account
and risk, paying over net earnings. Gross earn¬

,

Fitchburg.—Leases Vr.A Mass. Net income, 1876-7,

ings

year ending June 30, 1877, were $1,010,079; ex¬
penses, $668,923, and net earnings, $341,156. See
annual report in V. 25, p. 406. (V. 23, p. 402; V.

Canandaigua.—Originally leased

31 ar.

Europ an. A North American. — Defaulted in
1^75. Sterling mort. on New Brunswick Division
fo: ec’osed August, 1878.
IV. 24, p. 468: V. 25,.

Pennsylvania.- Leased to Philadelphia &
Reading. Dividends are 6 per cent per annum.

$799,317, against $683,594

July 16, 1878

N. N.Y., Mereli’nts’Ex.B’k.
May, 1902
8. N. Y., Meehan. Nat. B’k.l
Sept. 1, 1888
N.
do
do
3Iay 1, 1888
J. Newark, N. J., Sav. Ins. July 1, 1882
8.
New York.
Sept. 1, 1887
J.
do
Jan. 1, 1876
J. X. Y., Meek. Nat. Bank. Jan. 1, 1901
J. N.Y.-, Farm. L. A Tr. Co. Jan. 1, 1907
J.'N. Y,, St. Nieli. Nat. B’k. July 1, 1900

020,307:

The Eastern in N. XL, a separate cor¬
poration, is leased. (V. 25, p. 590, 618; V. 26, p.
548; V. 27, p. 15, 251, 356, 382.)
Eastern Shore.—Formerly leased, but now oper¬
ated on own account since December. 1869.
Bill
filed for foreclosure. (V. 22, p. 297; V. 27, p. £5.)

June, 1890
Oct. 1, 1890
Oct. 1. 1890
July 1, 1903

Elmira A Williamsport.— Leased in 18">3 to North¬
Ceutral for 999 years. Kent amounts to $165,000
per year.
Erie A Pittsburg.—Leased in
perpetuity to th®
Pennsylvania Railroad and transferred to Penn. Co.;
the terms guarantee 7 per cent per annum on stock
and debt. Net earnings, 1876, $190,892.
(V. 20, pt
4 *25.)

East

A general mortgage was made to fund the old issues
of debt, bearing 3*4 per cent for, three years, 4 per
cent for three years, and 6 for balance of term.
In

July, 1883
Oct., 1883

ern

capacity of

1875.

Various.
Oct. 15,1878
1883
1894

July 15, 1873
Sept. 15,1890

Boston and London.
do

1, 1878

Sept., 1 1888

which it has .-ince been operated.

E:st Bread Top. -Mainly a coal read, carrying
bituminons coal. On line of road arc Rockhiil Iron

25, p. 406.)

July 20,1876-

do

fo the New York A Erie Railroad Co. slid

held by New York Central & Hudson, which pays
interest as rental.

Elmira Jeff. A

New York, Office.

by it until May 1, 1876, when the lease was transf rred to the Northern Central
Railway Co., by

Dunkirk Allegh. Valley A Pittsburg.—A consoli¬
dation, Dec. 1, 1872. Road leased and bonds mosily

were

byT Slocks—La&t
| Dividend!

M. A N. N.Y., Lonrl. A Frankft.
Nov. :, 1900
M. A N. N. Y., Bk. of Commerce.
May 1, 1890
M. A N. N. Y., Rutten A Bonn.
Nov. 1, 1900
M. A N.
do
do
Nov. 1, 1900
J. A J.
New York.
Jan. 1, 1904
J. A J.
Jan. 1, 1907
Boston, Co.’s office.
J. A J.
do
do
July 1, 1889
M. A N.
do
do
3Iay 1, 1880
M. A N. N.Y.,M.K.
Jesup,P.& Co. May 15, 1875
M. A N.
do
do
May 15, 1875
J. A J.
do
do
May 15, 1875
M. A N.
do
do
May 15, 1875
J. A J.
New York A Detroit.
July 1, 1888
M. A N.
New York A London.
Nov. 15,1873
M. A N. N.Y.,M.K.Jesup,P.& Co. Nov.
15, 1873
A. A O.
do
do
April 1, 1878
F. A A.
do
do
Feb. 15,1885

M. A
M. A
M. A
1. A
31. A
J. A
T. A
I. A
J. A

8

(V. 26, p m, 459.)

earnings

Q.-J.

Bonds—Prmci-

A N. Phila., Penn. R. R. Co.
Nov., 1878’
A J.
do
do
July, 1878
A J. Phila., Penn. Trust Co. Jan. 1, 1880
A O. Phila., Penn. R. R. Co.
Oct. 1, 2862
Q.—M. N. Y., Union Trust Co. Sept. 10, 1878
J. A J.
do
do
July 1, 1882
A. A O.
do
do
April 1, 1890
J. A J.
do
do
July 1, 1898
A. A O.
do
do
Oct. 1, 1890
J. A J.
Boston.
Jan. 1, 1880
M. A .8 New York and Boston. 3Iar.
1, 1800
A. A O. Boston, Second N. Bank
April 1, 1899
,T. A J. N.Y.,Farm. L’anA T.Co. Jan.
1, 1887
M. A N.
do
do
Nov. 1, X887
F. A A.
do
do
Aug. 1, 1880
M. A N. N.Y.,Farm.L’an A T.Co. 31
ay 1, 1900
J. A .T.
do
do
Jan. 1, 1903
J. A J.
Boston Office.
July 1, 1878
A. A O.
do
April 1, 1894

Lub ique South western - Pari ey to Cedar Rapids, I*.
t
amings, 1677, $105,312; expenses, $97,215

net

Whom.

M. & 8.
M. A S.
J. A D.
M. A S.
A. A 0.

Sept.

Gross

1876-77

Payable, and

Baltimore, N. Cent. RR.

7

(Mass.).—1Company embarrassed

1

M.
J.
J.
A.

2ia
3ia

309.000

a

Where

5

1,009.000

A Coal Company’s furnaces (2), with
20,060 tons pig iron annually.

When

Payable

i

Phila., Girard Nat. B’k.

172, 251, 356.)
Dubuque A Sioux City.—Leased to Illinois Cen¬
tral, in 18>>7, for 20 years, at 35 per cent of gross earn¬
ings first ten years, and 36 afterwart*. In 1876 gross
earnings were $978,279.

in 1S75-6.

in tiiese Tables.

3 Jgg. •VI. A S.
6
J. A J.1
fi
A. A O.

1877 were $134,303. Tku Detroit & Pontiac interest
has been paid.
V. 25, p.334, 331; V. 26, p. Ii7.
232, M2. 357, 3)1, *lu, 574, 599; V. 27, p. 15, 40, 67,

Eastern

discovered

INTEREST OR DIVIDENDS.
Amount

$50 $26,200,000

1856
500 &c.
1877
1872
1,000
1859 100 &c.
1858
100 Ac.
1870
1,000
1869
1,000
1870
500 Ac.
1870
1,000
1874
1,000
1877
500 Ac,
1869
1,000
1870
1,000
1855
250 Ac.
1856
500 Ac.
1860 Various
1863 Various
1866
500 &c.
1853
100 Ac,
1853
500 Ac.
1851
1,000
1854
1,000
1853
1,000

xix

above rental and interest. $2-6,753. Notes outstand¬
ing Sent. 30, 1877, were $«o3,000. (V. 26, p. 94, 117,

391, 54S.)

Flint A Pere Marquette.—Gross earnings
1877,
$997,965; net earnings, $416,679, against $366,074 In
1876. The lands are in five trusts; sales in 1877, 8,508
acres, for $95,984; lotal net sales to Jun. 1, 1878,
275,722 acres, for $2,277,436; lands yet unsold,
235,779 acres.
Conpors on consol, bonds pi'aiea
Nov.. 1875, and part were funded. (V. 24, p.
297;
V. 26, p. 417,548.)
'

Florida Central.—From Jacksonville to
Bonds authorized, $59J.000. Gross

City.

1577-8, $156,458.
Fonda, Johnstown A GloversviUe.—Net

1875-6, $30,161.

Lake
eirnmgn

earning®

XX

RAILROAD STOCKS AND BONDS.

Subscriber* will confer

a

great favor

by giving Immediate notice

[VOL XXVII.

of any error

discovered In these Tables.

DESCRIPTION.
Miles Date
For explanation of column
headings, Ac., see notes
of
of
at the head of first
page or tables.
Road. Bonds

Flushing, North Shored-

Cent— lstmort. (Fl.&N. S.)

58

2d mortgage (FI. & N. S.)
Central of L. I., 1st
mortgage
do
do
Extension 1st mortgage
Fort Wayne, Jackson d Saginaw—1st
mort.,

....

coup...
2d mort. and
equipment bonds, coupon
Fort Wayne, Muncie d
Cincinnati—1st mort.,gold...
2d mortgage

100
100
109
109

Framingham d Lowell—1st mortgage bonds
Galveston, Harrisb.d S. Antonio—1st mort, gold, l.gr.
Galveston, Houston d Hend.

20

215

of 1871—1st mort
Geneva, Ithaca & Sayre—1st mort., 8. f., gold
Georgia Railroad d- Bank big Co.—Stock
Bonds, not mortgage
do

50
35

232

do

332

Trunk (Canada)—Consolidated stock

Canadian debentures
Equipment mort., 1st

on

2d

do

do

1,000

....

2d

....

*

•

•

....

495%
350
350
145

;

New bonds, coupon
Short bonds exchanged for bonds due
76, ’77, ’78.
Greenville & Columbia— 1st
mort.,guar.by State

Bonds not guaranteed

-

-

-

-

143

....

£20*3
£100

....

$2,500,000)

....

143
296

....

Hannibal & St. Joseph—Common stock
Preferred stock (7 p. c. yearly, not
cumulative)...
Missouri State loan
Bonds 1870, convertible
Bonds, secured by $2,500,000 I’d notes
1st mortgage
(Quincy A Palmyra RK)
1st mortgage (Kansas City & Cam.
RR.)
Harrisb., Forism’th, Ml. Joy & Lane.—Stock
1st mortgage

....

....

....

Housatonic—Stock

Preferred stock
1st mortgage
2d mort. bonds of 1869
Equipment bonds of 1873
Houston & Texas Cent.—1st M., (main)
gold, l.gr.,s.f.
1st mort., West div. (Hempstead to
Austin)
1st M., gold.Waco AN’west (Bremond to
Waco)
Consol, mort., 1. gr. (coupon,but
may bereg’d)...
Income and indemnity bonds

58
58
58

Illinois Central—Stock
Redemption, 1st and 2d series

....

Msrtgage, sterling
($2,000,000) M. onCb.ASp.RR.
Indianapolis, Bloomington & West.—1st mort., gold.
mortgage
Tnd., Bloom., & W., Extension, 1st mort., gold
Indianapolis Dec. d Spr.—1st M., gld (for $1,800,000)
2d mort., (income bonds
only till July, 1881)
Indianapolis, Cincinnati d Lafayette—Stock

do

.

.

.

.

...

20
20

2d M., guar. ($1,000,000 due ’77 ext. to
’92)

Flushing, North Sho?'e & Central.—'Sow leased to
L. I. RR. There are, in addition to
above, * 125.0'<0
N. Y. A Flushing RR. 7s; $149,uOO North Shore
7s;
and $93,000 Whitestone & Westchester 7s.
Com¬
pany embarrassed, Sept., 1877.
(Y. 25, p. 334, 432;

V. *6, P 469.)
Fort

Wayne, Jackson <fe Saginaw.—Traffic guaran¬
tee 40 per c-nt
from Mich. Cent. Interest was paid in
of
187*
$65,000, coupon due Jan., 1877, on 1st mort,
and f5,000 ar thi d

100

100

....

....

....

1873
1866

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

1870
1873
1872
....

'

....

1854
1857
1865

500

,

500

1,000
....

....

1876

100
500 Ac.
£200
£200
£200

1,000
1,000
1,000
1,000
1,000
100

500 Ac.
1,000
1,000
150 Ac.
500 Ac.

1867
1869

1873
1873
1862
1867

3*2
6
2
7
6
7
7 g.
7 g.
7 g.
8

100,000
300,000
150,000
6,227,000
2,305,000
940,000
3,292,000
1,359,500
416,000
367,500
1,383,000
97,907
29,000,000
2,500,000
2,500,000
4,598,000
1,000,000
1,600,000
3*000,000
1,500,000
5,500,000

7
7 g.
7 g.
7
6 A 7
3
6
6 g5 g5 g.
6
7 g.
8
7 g.
7 g.
7

2,667,000
5,587,150
1,419,400
1,600,000
2,800,000
1,767,000

50

....

1875
1858

353,000
1,497,000

000 were a part of the
original $4,000,000 unguaran¬
teed bonds;
they were redeemed and are no longer a
lien on the land,
though still a m >r gage on the road.
Since

Dec., 1875, 1st mortgage bonds redeemed by
sinking fund are rep’aced
by income bonds issued
to Continental
Improvement Co. The Penn, rail¬

road

virtually buys the coupons paid by it. and
holds them. (V. 24,
p. 563; V. 25, p. 334; V. 26,
p. 95, 192. 239. 443, 548, 625.)
Grand Trunk (Canada).—The above
figures repre¬

payment of $10 on 2d mort
Gross earnings, 1877,
$254,- sent pounds sterjing. Net
324; net, $109,669. (V. 26, p. 2«4; Y. 27, p. 331.)
earnings in half
ending Jan. 1,1878, £239,441. Interest, rentals, year
&c.,
Fort Wayne, Muncie &
Cincinnati.—Receive/ £190,190. (V.26, p. 265, 443; V.27,p.95,148,382,408.)
appointed November, 1874. (V. 23, p. 396.)
Great Western (Canada).—Tte above
figures are
Framingham & Lowell. -Leased to Boston, Clin¬ given in pounds sterling.
Company operates several
ton & Fitchburg* has also $250,000 8
per cent notes roads in Canada, amounting to 3 3
miles, and the
due in 1K82-3. (V. 26. p. 166.)
Det. & Milvv., 189 miles. For the half
year ending
Galveston, Harrisburg & San Antonio.
Gross Jan. 31, 1878, the gross receipts were
£467,237;
earnings 1677, $1052,568; expenses, $360,204; net working expenses, £317,604: net
earnings, £149.633.
earnings, $692,363. A sinking fund of 1 per cent (V. 25, i). 113, 186,
617; V. 26, p. 265, 4 4 3 574; V.
begins in 18a0. The company has 16 sections of 27, p. 94, 381 )
coupon of Oct.. 1675.

—

,

land per

mile.

(V.26,

p. 3 66.)
Galveston, Houston & Ilendei'son.—No.t earnings
1877. $178,6»L (V. 24. p. 135, 181.)
Geneva. Ithaca & Sayre.—Sold Sept. 2,
1876, and
re-organized, this mo:t. being the oldT. <fc A mort.
(See V. 23, p. 256, 304, 451; V. 24, p. 110.)

Georgia Railroad & Banking Company —The an¬
for the last fiscal year, ending April 1,

nual report

1878, was published in V. 26, p. 468. A comparative
(Statement for three years was as follows:
1875-6.
1876-7.
1877-8.
Tot. gr. earng’s... $1,194,324 $1,143,123
$1,0:3,712
Operat’g expenses.
641,677
643,110
727,709
Net earnings
552,646
500,017
286,012
In May, 1875, this company, with the Central
Ga.,nurchased at foreclosure side the Western RR. of
Ala.
(V. 24, p. 466, 468, 495; V. 25, p. 90; V. 26, p. 468.)
Grand Rapids
<6 Indiana.—Gross
,

earnings
1877, $1.097,lu7; net, $348,745, against $316,507 in

4876.

eam«

Unguaranteed

mortgage

as

bonds are secured by the
the guaranteed on the land grant.

Ex, Land Grant Bonds” to the amount of




(yveenville <fe Columbia.—This
company defaulted
but compromised with its
bondholders. Net earning< 1877, $180,614. (V. 22, p. 110; V. 26, p.
547;
V. 27, p. 227.)
Hannibal & St. Joseph.—The
company has about
$2,5/>0,i,00 in land notes, and about
100,000 acres yet
unsold. In 1877
gross earnings were

$795,478.

$1,931,365; net,

Interest charge, $650,000.

The

bonds

secured on land notes have a sinking fund
of $25,OOo
per year.
(V. 25, p. 162, 186, 237, 381. 407. 432, 592;
V. 26, p. 242, 39 0, 625; V.
27, p. 279.)

Harrisburg Portsm. Mt.Joy

to Penn

dr.

Lancaster.—Leased

RR., which owns a majority of the stock.
Housatonic.—Leases Berkshire Railroad, Stockbridge &

Pittsfield, and

earnings in 1876-7

22, p. 232; V. 24,
Houston

were

p.

West Stockbridge.

Gross

*589,407; net, $154,630.
274.)

(V.

Texas Central.—Gross
earnings for ten
months ending
Feb., 1878, were $2,350,412; net,
$937,797.
Company owns 5,240,000 acres land
against first and consol, mortgages, and other lands
and lots against income
bonds. (V. 25, p. 357; V.

$1,089,- 26,

p.

40, 290, 334.)

do

April, 1896

Boston.
Bost. A London.
N. Y., F. P. James A Co.
N. Y., Metrop. Nat. B’k.
Augusta,Ga., RR. Bank.
do
do

April 1, 1891
1910

July 1, 1902
July 1, 1890
July 15, 1878
yearly to 1890
July 1, 1897

do
do

1899
1899
1906

J.

A J. N.

M.
J.
F.
J.
J.
J.

A S.
A J. N.
A A. N.
A J.

Y., Farm. L. A T. Co.
Y., B’k. No. America.

A J.
A J.

Pliila., Co.’s Office.

Q.-J.
F. A A.

Y., B’k. No. America.
do

do

do

do

'

do

do

Aug., 1870
1884-1887

Mar., 1885
Jan. 1, 1888
Jan., 1892
Jan., 1886

July 1, 1878
July 1, 1883

Bridgeport A Boston. Oct. 15, 1878
Bridgeport and Boston.
1885
.

do

J. A J. N.
J. A J.
J. A J.
A. A 0. N.
A. A O.
F. A A.
A. A O.
F.
A.
A.
A.
J.

A
A
A
A
A
A
A
A
A
A
A

J.
A.

J.
J.
A.
J.

A.
O.
O.
O.
D.
J.
O.

J.
J.
O.

J.

do

Y., Nat’l. City Bank. July
do
do
July
do
do
July
Y., J. J. Cisco A Sop. Oct.

Philadelphia, Office.
do
do
do

do
do
do

Oct.
Feb.

1889
1883

1, 1891
1, 1891
1, 1903
1, 1912
1, 1890
1, 1895

April 1, 1895

N. Y., Cot’s Office.
Sept* 2.' 1878
N1 Y., Co.’s Office.
April 1, 1890
London.
April 1, 1895
London,Morton R.A Co. April 1, 1903
do
do
Dec. 1. 1905
N. Y., Co.’s Office.
Jan. 1, 1898
New York.
Oct., 1909
do
Oct., 1890
do
1912
New York, Co.’s Office. Jan. 1, 1906
do
do
July 1, 1906

_

7
7
7
7
10
7
7

499,000

1,000

J.
J.
J.

-

■

446,300

1,000

J.
J.

1902

May 1, 1903
Y., Farm’s. L.AT. Co. July 1, 1889
do
do
Oct., 1891
Boston, Office.
Oct., 1889

....

7
6
8
7
8
10

38,000

1,000

A.

Mar. 1,

.

’

<

1,180,000

....

J. N.
O.
O.
O.
0.

do
do

.

•

700,000
820,000

....

....

1876

184
184
90
151
179

Preferred stock (issued for funded debt bonds)...
Indianapolis A Cincinnati of 1858, 1st mort
Indianapolis, Cincinnati A Lafayette

50

85
....

....

....

112
202
202
217

....

2d

....

1867

1864
1875
1874
1875
1877
1869
1870
1872

....

I. C. bonds, ooup.

1,000

....

707

Mortgage bonds, sterling
Sterling bonds, (sinking fund £20,000 yearly)....

Funded interest bonds, coupon
Equipment bonds, registered
Cin. A Ind., 1st mortgage

1869

....

mortgage, gold
3d mortgage ,consolidated
Scrip for past due coupons

do

....

....

do
do

J. A J. N. Y.,
Winslow, L. A Co.
A. A 0.
do
do
M. A S.
do
do

....

1,000

do

S.
N.

A. A O. London, at Co.’s Office.
April, 1877
J. A J.
dodo
Jan., 1920
Various. F. A A.
do
do
Perpetual.
5 g
J. A J.
do
do
Irredeemable.
5 g
J. A J.
do
do
Irredeemable.
4 g. ,T. A J.
do
do
Irredeemable.
5-16
A. A 0.
London A Montreal.
April, 1878
2*2
A. A O.
do
do
April, 1878
5
J. A J. London Joint Stock B’k.
Perpetual.
6
J. A D.
do
do
Dec., 1890
7
do
do
Oct,, 1880-82
7
Office.
Columbia, Co.’s
1881 to 1886
do
do

9,168,700
5,083,024
3,000,000
4,000,000
475,000
500,000
1,200,000
1,182,550

100

1853-7
1870
1878

1853

343
118
47
461

Huntingdon & Broad Top— 1st mort., gold
2d

Too
....

15
53
54
54
120
120
74
....

—

1876

N.Y., Chatham Nat. Bk. May 1, 1889
do

6 g
6 g.

500,000
1,413,071
632,237

Various

N.
N.

•

1,000.000

....

J.
J.

A
A
A
A
A
A
&
A
A
A
A
A
A
A
A

■

505,753
2,165,830

....

g.
g.
g.

7

£6,037,991

£100

....

’58-’78
1871-2
1877

1

.

-

....

A.
A.
A.
A.
F.
J.
J.
J.

g.

7 g.
7 g.

7,500,000
2,560,000
3,111,500
500,000
500,000
1,200,000
3,218,149
2,327,808
7,166,910

•

M.
M.
M.
M.
J.

8
8
7
8
7
6
7
7
3
7
6

522,500
399,000
2,800,000

£3,486,787

When

7

4,200,000

£25
£100

•

r

516,000

....

....

7
7

4,000,000
3,524,000

....

do

7

400,000
1,000,000
200,000
1,500,000
500,000
1,800,000
500,000
500,000

1,000
1,000
1,000

....

....

$800,000

600,000

1,000

Bomls—Princi¬
pal, When Due.
Where Payable, and by StoeJes—Last
Payable
Whom.
Dividend.

Rate per
Cent.

4,200,000
1,493,000

100 Ac.
100
500

....

do

Debentures

do

....

1,000

....

common...

do

....

1,000
1,000

....

all rolling stock

Great Western (Canada)—Common stock
Preferred 5 per cent, convertible into

*

1,000

1873
1875

conv

New mortgage (for

500 &c.
500 &c.

1869
1869
1875

Postal bonds, &c., secured by
gov’t business
1st pref. bonds, conv. into 1st
pref. stock
2d
do
do

1,000

-

1,390

New stock f»r £10,000,000
Debenture stock for £8,000,000 (act of
1874)

3d

$500Ac.

....

332
332
332

Income mortgage bonds, for
$10,000,000
Grand

do

1869

1870
1872
1873
1869
1871
1869
1871
1871
1873
1872
1870

INTEREST OR DIVIDENDS.

Amount

Outstanding

Value.

1877

....

or

Par

....

Grand Rapids & Indiana—Stock
1st mort., land grant, gold
(guar, by Pa. RR)
1st mort., gold, ($2,460,000
are land grant)

^

Size,

A. A O. N. Y., Amer. Ex. Bank.

F.
J.
M.
M.
J.
J.

A
A
A
A
A
A

A.
D.
S.
S.

do
do
do

do
do
J. New York and

D.

do
do
do
do
do

April, 1888

Feb., 1897
June, 1899
Sept. ’78,’80,’83
Sept. 1, 1883
Dec., 1892
Boston. Jan.’82,’87,’92

Huntingdon & Broad Top. - Capital stock is $2,052,800. Gross earnings in 1876 were $270,441; net,
$143,815.

Interest passed

on 3d mortgage bonds.
369 )
Illinois Central.—The general
mortg. of 1874 pro¬
vides for all bonds
outstanding. It is limited to
$15,000,000. The Company has become interested in
the purchase of the N.O. Jack. & Gt. North
on fore¬

(Y. 22,

p.

206; V. 24,

p.

closure. and has a similar interest in the Miss Cent
sold under
consol.mortgage. In July, 1877, took the
Chic.. & Spring, under lease, and issued the bonds
secured on that road.
Annual report for 1877(V. 26,
p. 164) gives causes for decrease in
earnings, pros¬
pects, &c. Following is a comparison for four years:
Gross
Net
Interest,
Year.
Earnings.
Earnings.
&c.
1877
$6,639,845
$2,546,561
$582,991)
1876
7,040.969
,

2,144,776
616,792
7,802,556
2 670.081
661.098
1874....
7,900,721
2,775,362
413,610
(V. 24, p. Ill, 13 J, 158, 368, 444, 518; V. 25, p. 432,
458; V. 26, p. 164, 548, 574.)
Indianapolis, Bloomington & Western—Default was
first made July. 1874, and decree of foreclosure made
in May, 1877.
Receiver’s certificates issued to con¬
siderable a nount. The Danville, Urbana,
Bloom¬
1875

ington & Pekin is part of this road.
Net earnings
of main line in
;8M-7, $349,5b7. Western extension
deficit on operations, $45,106.
(V. 25, p. 62, 162, 357,
407.511; V. 26, p. 67, 19», 420, 470, 548; V. 27, p.
41, 148, 172, 199, 228. 357, 383.)
Indianajfolis, Cincinnati & Lafayette.—The com¬
pany defaulted July, 1876, and Mr. Ingalls, President,
wan
appointed receiver.
Gross earnings 1877-8,
$1.309,0V7; expenses, $814,697; net earnings, *494,388. (V. 25, p. 182,
380; V. 28, p. 265, 625; V. 27,
p 172. 303, 3 5 4 333.)
Indianapolis, Decatur & Springfield—This em¬
braces the former Indiana & Illinois
Central. The
second
mortgage is issued to holders of old I.& I.C.
firsts, and till July, 1881, interest is payable out of
net earnings
only, if sufficient. Stock is $509,000.
Gross earnings, 1^76-7,
$101,105; net, $17,709. (V.
,

25,

p.

511; V. 27,

p.

251.)

October

RAILROAD STOCKS AND BOND;

26, 1878.]

Subscribers will confer a great favor by
DESCRIPTION.

giving immediate notice of

Miles
of

at the head of first page

of tables.

Road

Indianapolis d St Louis—1st mort., in 3 series
2d

71
71

mortgage

Equipment bonds

....

r

Indianapolis d Vincennes— 1st mortgage,
2d mortgage, guaranteed

International d Great Northern—Consol, stock.
International, 1st mortgage, gold
Houston & Great Northern .1 atmortgage, gold...
International 2d mortgage.
Houston & Gt. Northern 2d mortgage.

Funded coupon bonds..
Iowa Falls d Sioux City—Stock
1st mortgage, April 1, ’69

Junction, Philadelphia—1st mortgage
mortgage

7

1871

1,000

917,000
500,000
1,700.000
1,450,000

7
8
7
6

1871
1872
1874

255

1874

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

1876-S
1869
1870
1867
1869

9

38
226
86

1,000
1,000
100
500 Ac

159

44

1877

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

1866

100
1,000
100 Ac.

159

Kentucky Central—2d mortgage
mortgage

..

Keokuk d Bes Moines—1st mortgage
Funded interest bonds
Knox (6Lincoln— 1st mortgage
.Lafayette Bloomington d Miss.—1st mortgage
Lafayette Mancie d Bloomington—1st mortgage
Lake Shored: Michigan Southern—Stock
Guaranteed 10 per cent stock
Consol. 1st mort., (sink, fund, 1 per cent) coupon
do
do
do
registered
2d mortgage, do. (for $25,000,000) coup, and
reg.
Income bonds, coupon or registered

Mortgage bonds of Oct., 1869, sinking fund

1st mortgage, sinking fund, M. S. & N. I
2d mortgage (C., P. A A. RR.) registered bonds..
3d mortgage
do
Lake shore dividend bonds, April, 1869
1st mortgage (C. & Tol. RR.) sinking fund
2d mortgage
do
Buffalo & Erie, mortgage bonds
do
do
do
do
Det. Monroe & Tol., 1st mort., coup., guar
Kalamazoo & White Pigeon, 1st mortgage
Schoolcraft A Three River. 1st mortgage
Kalamazoo & Schoolcraft, 1st mortgage

Kalamazoo, Allegan A Gr. Rapids, 1st mortgage
do

stock, 6 per ct.
Franklin, 1st mortgage

Lawrence—Stock

do

2d

guar.

mortgage

1st mortgage
Leavenworth Atch. d N. IF.—1st mort., guar
Leaven., Laic, d Galv.—1st mort., l.gr. ,s.f., conv...
Kansas C. & Santa Fe, 1st mort., guar
Southern Kansas, 1st mort., guar
!

Lehigh d Lackawanna—1st mortgage
Lehigh Valley—Stock, common andpref
1st mortgage, coupon and registered
2d mortgage, registered

Indianapolis & St. Louis.—Of the 1st mrrt»a?e
bonds series “A” are J. & J.; senes “B,” M. & S.;
series “ C,” M. <fc N. The stock, $600,000, is owned
by Pennsylvania Co. and Cl. Col. Cin. & Ind. Be¬
longs to Penn, system, and leases the St. Louis A.
& T. H. In 1876-7, net earnings were $191,432.
Foreclosure suit pending. (V. 26, p. 95, 614, 654:
V. 27, p. 11, 409.)

Indianapolis & Vincennes.—I* controlled by Penn.
Co

through stock ownership, and interest is guar¬
by Penn. Railroad.
Net earnings in 1875
were $32,708.
(V. 20, p. 426.)
,

anteed

International & Great Northern (Texas).—A con¬

solidation of the International and the Houston &
Great Northern.
Coupons funded in 1873 and
bonds issued for $2 787,6 0.
Receiver appointed

....

673
140
253
394
245
34

1877
1877

100
100

258
162
162
88
88
88-

1865
1,000
1866
1,000
1865-7
1869
1,000
1866
1,000
1866
50 Ac.
1870
250 Ac.
1871
1,000
1876
1873
1,000
1853
1,000
1855
1,000
1874
lOOAc.
1874
100 Ac.
’69-’72
1871
1,000
1871
1,000
100
100
1870
1,000
1870
1,000
1873
1.000
1872
1,000
1869
1,000
1855
1,000
1859
1,000
1867
1,000
1869
500 Ac.
1855
1,000
1866
1,000
1862
1,000
1866
1,000
1868
500 Ac.

62
37
12
.13
58

1876
1869
1867
1867
1868

427
....

....

2,787,620
4,625,000
2,960,000
4,000,000
300,000
2,000,000
2,000,000
397,000
2,409,000
2,000,000
800,000
500,000
300,000
2,789,413
500,000
4,493,428
2,488,000
9,689,950
2,240,000
4,063,000
6,303,000
6,380,000
600,000
4,275,350
1,578,000
1,500,000
1,500,000

500 Ac

1862
1866
1870

274
52
274

....

33i2
99
99
162
49
82
37

1181
.....

864
864
864
...

864
451
95
95

....

51
51
22
17
21
145
32
10
15

301
101
101

Cent.

600,000
844,000
237,000
2,300,000
254,800
2,395,000

....

.....

1,000
.

.

.

_

.

....

.....

....

1863
1869

1,000
1,000

1865
1870
1869

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

50

1870
1872
1867
.

1868
1870

50

1,000
1,000

1,300,000
666,000
49,466,500
533,500

|

7,925,000

9,206,000
3,294,000
888,000
5,256,000
1,000,000
1,000,000
1,393,000
1,595,000
849,000
200,000
300,000
2,844,000
924,000
400,000
100,000
100,000
840,000
610,000
422,000
500,000
450,000
341,000
600,000
5,000,000
720,000
160,000
300,000
27,228,855
5,000,000
6,000,000

2, 1877. (V. 22, p. 158; V. £3, p. 83, 258, 576; V. 24,
p. 40, 204; V. 25, p. 212.)

Jefferson.— Leased to the Erie Railway. Company,
which pays interest on the bonds. (V. 14, p. 628.)

Stocks—Last

Whom.

Dividend.

Various N. Y., Union Trust Co.
& O
do
do
& J.
do
do
A A. N. Y., Farm. L. & T. Co
& N.
do
do

July 1, 1881

A.
J.
F.
F.

Jan.

July 1, 1919
Oct,

1, 1900
1908
1900

A O. N. Y., National City B’k
do
do
do
do
do
do

& J.
& A.
& A.

April 1, 1911
1, 1900
Feb., 1904
1, 1904

Feb.

....

Q.'-M.

1
7
8
7
7

A.
J.
J.
J.

Boston.

Sept. 2, 1878
April 1, 1899

O. N. Y., Nat. Park Bank
New York.
J.
J. Honesdale Nat. Bank.
J. N. Y., by Erie Railroad
Q.-F. N. Y., Farm. L. A T. Co,
* do
M. & N.
do
A. & O.
do
do
J. & J.
do
do
J. A J. N. Y., Farm. L. & T. Co.
J. A J.
Philadelphia Office,
A. A O.
do
do

1%
7
7
7
7
6
6

&
A
A
&

1900
1887 & 1889
Jan. 1. 1889

Aug., 1878
May 1, 1881

Oct. 1, 1906
July 1, 1910
July 10, 1907
July 1, 1882

April 1, 1900

....

J. A " J.
J. & J.
A. A O.

7

7
6

Boston, at Office,
do
do

Jan. 1, 1880
Jan. 1, 1907
Jan. 1, 1907

do
do

......

'

6
6
6
7
7
7
7
7
10
7
7
7
7
8
6
7
7
1
5

F. A A. N.
J. & 3).

g.
g.

Y., Bk of Commerce.
do

Aug. 1, 1895

do

June 1, 1896
1895 to’97

Payable *2 by transportation.
g.* M. & N. N. Y., Lond. & Frankft
M. & N. N. Y., Bk of Commerce
M. & S.
J.
M.
A.
A.
M.
J.
A.
A.

g.
g.

g.

g.
g.

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

7
7
7
7
7
7
8

8
8
3
7
7

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

&
&
&
&
A
A
A
&
&
A
&
A

F. &
&
&
&
A
A. A
J. &
r. &

2*2
7
7
10
10
8
7
1
6
7

D.
O
O.
N,
J.

O.
O.
J.
O.
J.
S.

O.
A.
J.
J.
J.
J.
O.
J.
D.

Q.-J.

F.
A.
J.
M.

do

A J. N.
A S.
& O.
& O.
& S. N.
A D.

Q.-J.

7
7
7
7
7
7
7
7

&
A
&
&

May 1, 1899

Jan

do

Y., Lond. & Frankf’t
New York,
do
New York.

Oct., 1879

April 1, 1903
March, 1883

Y., Bank of America
do

do

,

June, 1885

New York Office,
do

1904
1884
1880-1902

do

Bath, First Nat. Bank.
New York.

Aug.,
Aug.,
N.Y.,Grand Cent.Office. Aug. 1,
do
do
Aug. 1,
July 1,
July 1,
Dec. 1,
Oct. 1,
U.'+3
otZ X!
Oct. 1,
3
May 1,
Jan. 1,
Oct, 1,
April 1,
July 1,
April 1,
c3 S bCS
July 1,
* U
Sept. 1,
April 1,
ijrS'G
a
a c o
Aug. 1,
® e8
e&U
Jan. 1,
July 1,
BP’
July 1,
5
July 1,
••

lilt

-

1901
1901
1878
1878
1900
1900
1903
1882
1879
1885
1880
1892
1899
1885
1886
1882
1886
1898
1906
1890

1887
1887
1888

Oct. 1, 1878
Var.to July,’97
June 1, 1894

Pittsburg Office.

A. N. Y., Winslow, L.&Co.
O. N. Y., B’k of Commerce.
J. New York and Boston.
Boston Office,
N.

Oct., 1878

Aug., 1895
1, 1889
July, 1899
May, 1890

Oct.

do

1892

F. & A.

Q.—J.

1, 1896

July 1, 1916
July 1, 1880
Sept., 1886

Philadelphia Office.

J. A D. Reg. at office, cp.B’kN.A
M. & S.
Philadelphia Office.

Feb., 1897
Oct. 15,1878
June, 1898

Sept., 1910

Joliet & Noi'thern Indiana.—This 7 percent bond,
guaranteed by Michigan Central, issued in place of
old 8 per cents.
(V. 22, p. 567; V. 24, p. 445; V. 25,
p. 592; V. 26, p. 40.)

Knox & Lincoln.—In 1877 net earnings were $48,
943. Interest is paid on bonds by cities and towns.
Annual report for 1876, V. 22, p. 304.

Junction (Phil>—Owned by connecting companies.
Cost of road $898,324; paid-up stock, $185,000.

to Tol. Wab. & W.

Kansas City, St. Joseph & Council Bluffs—The
above statement is made of the securities as issued
since re-organization. Annual report of operations
in 1876, and outline of plan for issue of securities,
in V. 25, p. 62. (V. 22, p. 2-33, 495; V. 26, p. 390.)

Kansas Pac.—ln 1877 gross ear’ngs were $3,284,7 ’4,
and net earnings $1,367,777, against $1,280,467 in 18 6
and $1,572,880 in 1875. The land grant is m two

Kentucky Central.—This,

was

formerly Covington

& Lexington.
The company purchased the Maysville & Lexington road. In June, 1878, it paid a
dividend of 3 per cent on preferred stock of $500,000
and 1 per cent on common stock of $4,500,(XM.
Gross earnings 1877-8 *648,342; net, $246,691. (V.
24, p. 495; V. 26, p.
3.)
Keokuk A Ties Moines.—The stock is $1,524,000
nref. and $2,400,000 common. Coupons due Oct. 1,

JeffersonvWs, Madison db Indianapolis.—Leased
Jan. 1, 1873, to Penn>ylvania Company for interest 1877, and April 1, 1878, funded into scrip. In May,
and sinking fund of bonds, and 7 per cent, a year 18?8. leased to Chic. Rk. I. & Pacific from Oct.
1,
on stock.
Lease guaranteed by Penna. Railroad.
1878, on basis of a guarantee of new bonds at 5 per
In 1877, gross earnings were $1,177,976; net earn-, cent
(V. 25, p. 212; V. 26, p. 470, 523, 546;V. 27,
ings, $499,033. (V. 26, p. 192.;
p. 357.)




Where Payable and by

A.
J.
F.
M.

7 g.
7 g.
8
8

trusts, 2,000,000 acres in the first, from the 1st to the
Apr., 1878, and r.ewplan of re-organization made, as 380th mile, and 3.000,000 acres in the second, from
per Chronicle, V. 27, p. 95,331. Net earnings, 1877, 380th mile westward, (Denver Extension.) tee 1st
$466,248. Land grant about 5,'00,COO acres. (V. 26, page Supplement of Sept., 1878. The company
p. 342, 547; V. 27, p. 95, 331.)
gave a quit claim deed, August 1, 1878, of all its
lands, to S. J. Gilmore, subject onlv 10 the land
In November, 1876, the road went
Iowa Falls & Sioux City*—Leased to Illinois Cen¬ mortgages.
into hands of receivers.
tral at 35 per cent, on earnings.
Important negotiations
for control by Union Pacific made in May, 1878.
Iron Mountain, Chester & Eastern.—This, was for¬ Foreclosure
pending under the first mortgage
merly the Chester & Tamaroa. Bonds are in de¬ of 1669 (Denver extension). (V. 26, p. 192, 391,
fault since 1873, and foreclosure sale ordered. (V. 420, 470, 548, 626, 653; V. 27, p 16, 41, 95, 96, 121,
22, p. 614.)
136, 200, 228, 251, 253, 274, 275, 280, 357, 383.)

Jacksonville, Pensacola & Mobile—This road is
mortgaged for a like amount of Florida State bonds,
and is held by the state and noticed for sale April

Pay’ble

pal, When Due,

....

3,264,000
4,084,000
2,052,000
2,907,000

ioo

...

When

Rate p€

>

5,500,000

184
250

•

,

1,000

....

do
do
income bonds, reg..
Kansas Pacific—Stock
1st mort., gold, coup., on 140 miles west Mo. Riv
1st mort., gold, 140tli to 393d mile
2d mort (to U. S. Gov.) on 394m. west Mo. River
1st M., 394tli to 639th mile, l’dgr., 3,000,000 ac’s
Istmort., coup., (Leavenworth Branch)
Income bonds, coupon, 3d mortgage on 427 miles
1st land b’ds, cp, or reg., gold, oh 2,000,000 acres
2d land mort.,
do
do
do
Consol, funding mortgage
June. C. A Fort K., 1st mort., gold, land gr., guar

do
Jamestown &
do

$2,000,000

1,000

4*2

Kansas Oily, St. Josephs Council Bluffs—Stock....
1st mortgage, Council Bluffs & St Joseph
Kansas City, St. Jo. A C. Bl., mortgage

3d

$1,000

1870

Amount

500 Ac

....

Jefferson (Pa.)—1st & 2d morts. (Hawley Branch)..
1st mortgage (Susquehanna to Carbondale)
Jeffersonville, Madison d Indianapolis—Stock
Indianapolis & Madison, 1st mortgage
Jeff., Mad. A Ind., 1st M. (s. f. $15,000 per year).
do
do
2d mortgage.
Joliet d Northern Indiana—1st mort., guar by M. C.

,

1869

or

par

....

....

Jacksonv.,Pens.d Mob.— Florida State bonds, gold...

2d

Outstanding

117
519
204
255
204

Bonds—Princi¬

11
INTEREST OR DIVIDENDS.

Value.

117

guar

any error discovered In these Tables*

Date
of
Bondi

Size

xxi

Lafayette Bloomington & Miss.— Formerly leased
(V. 23, p. 353; V. 24, p. 445, 468,
518; V. 27, p. 146.)
Lafayette Munc'e & Bloomington.—Ivl hands of
(V. 24, p. 468, 518; V. 27, p. 146.)

receivers.

Lake Shore &

Michigan Southern.—The report for

months ending June 30, 1878.
income applicable to dividends of

showed surplus
$941,213, against
$445,247 for same time in 1877. See V. 25, p. 645.
The following shows a summary for the years named:
f

:x

1875.

1876.

1877.

Miles

1,175
1,176
1,176
Gross earnings.. $14,434,198 $13 949.176 $111,505,158
Operat’g exp’es. 10,531,500
9,574,835 • 8,963,965
Net earnings....
3,902,697
4,374,341
4.541,193
Stock
50,000,000
50,000,000
50,000,000
Total debt
37,774,000
37,524.000
37,274,000
(V. 23, p. 33, 254, 622; V. 24, p. 16, 418; V. 25, p.
16, 63, 230, 5 1 0; V. 26, p. 442, b45.)
Lawrence.—Leased to Pittsb., F. Wayne & Chic,
at 40 per cent on gross earnings. Lease transferred
to Pennsvlv’a Company. Net earnings, 1875, $64,177.
Sinking fund has $14,000 bonds. (V. 20. p. 425.)
Leavenworth Atch.&N. IF.—Operated by Missouri
Pacific.

Leavenworth, Lawrence & Galveston.—Defaulted
interest July, 1873. Sold in foreclosure Aug. 9,
1878, for $760,000. (V. 26, p. 265. 420, 600; V. 2p.
200.)
Lehigh A Lackawanna.—Operated by Central of
New J ersey as a coal road.
Lehigh Val.—This company’s earnings are chiefly
on

from anthracite coal.

The gross income from aU

sources, in 1876-7, was $7,1>M),218: net $3,937,396.
The Co.’s report gives no general balance sheet,
nor the coat or value of its miscellaneous Invest¬
ments. Of ihe E. & Amboy mort., $5,000,000 have

RAILROAD STOCKS AND

sxu

subscribers will confer

BONDS.

great favor by giving immediate notice of any error
discovered In these Tables.

a

DESCRIPTION.
Miles Date
For explanation of column
of
headings, &c., see notes
of
at the head of iirst page of tables.
Road. Bonds.

Lehigh Valley—( Continued )—
Consol, mort., gold, $ A £ (s. fd. 1
p.c. y’ly) cp.& reg.
Easton & Amboy, 1st mortgage (for
$10,000,000)
Delano Land Company bonds, endorsed
Lewisburg Centre d- Spruce Creek—1st mortgage...

232
GO
19
19G
81

Little Miami—Stock, common
1st mortgage
Street connection bds (jointly with Cin.A Ind.RR.)
Little Rock & Fort Smith—New stock
1st M., Id gr’t (750,000 acs) s.fund (for
$3,000,000)
Little Schuylkill—Stock
1st mortgage, sinking fund, extended 1877
Logansp't, Crawfords v. d S. W.of hid.—1st mort., g.

....

123
123
31
31
92
158

Long Island—Stock

1st mortgage, extension
1st mortgage, Gleucove Br
1st mortgage, main
Newtown A Flushing, guar
New York & Rockawav, guar
Smithtown A Port Jefferson
Louisv.Cin. <t Lex.—Louisv. Pn(to Louis v. A Fraukf.)
Louisville Cincinnati A Lexington, 1st mort
New mortgage, coupon, for $1,000,000
Louisville & Nashville— Stock
Louisville loan, main stem (no mortgage)...
Lebanon branch, Louisville loan
Lebanon branch, 1st mortgage
do
extension, Louisville loan
Cecilian Branch, 1st mortgage
.
Consolidated 1st mortgage for $8,000,000
2d mortgage bonds, gold, coup
Memphis A Ohio, 1st mort., sterling, guar

•

.

Mahoning Coal.—1st mortgage,

392
130
83

1st mortgage, consolidated

do

2d

....

33
22

188
188

mortgage

»

•

•

1861
1861
1866
1870
1873

•

4th

mortgage for $1,000,000
Scioto & Hocking Valley RR., 1st
mortgage
Balt. Short Line, stock, 8 p. c. guar by M. A C...
do
do
1st mort., guar, by M. A C
Cincinnati A Baltimore RR., stock
do
do
1st mortgage
Marquette, R. & O—1st mort., I’d gr., M. & O., coup.
1st mort., I’d gr., H. A O., coup
2d mort., land grant, M., II. A
O., coup
3d mort.,
do
do
do
Memphis A Charleston—stack
1st mortgages, Ala. A Miss. Diw,
convertible......

....

30

5*2
....

General mortgage, land grant

.£
,

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

been issued to L. V.
Company. A comparative
statement for three years is as follows:
1874-5.
1875-6.
1876-7.
♦Coal (tons) moved... 3,277,527
3,951.513 4.362.124
Gross earnings
$6,016,495

Operating Expenses.. 3,262,861
Net

earnings

Capital stock

Funded debt
Floating debt
♦
Anthracite.
V. 26, p. 67, 340.)

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

....

2,000,000
3,500,000
2,304,720
200,000
600,000

100
100
500 Ac
....

....

....

.

....

.

.

m

600,000

1,480,000
1,000,000
3,620,120
3,898,600
1,100,000
496,500
756,800
633,000
425,000
217,300
1,166,700
150,000

300,000
2,450,000
1,050,000
2,500,000
3.000,000
2,004,000

....

^

400,000
370,000

.

....

1.125,000
750,000

1,000

1.200,000
500.000

1,000

...

1872
1869
....

1,910,000
2,000,000
1,000
840,000
1,000
706,000
25
5,312,725
1,260,000
1,000,000
1,000
1,951,000
250,000
2,600,000
1,000 600,000 p.m.
18,738,204
1,000
1,501,000
1,000
556,000
1,000
8,000,000
1,000
1,900,000
1,000
200,000
1,000

1854
1867
1877
1877
1877
1878

1*2
6
6
7
6

7‘*
7
7, g.
7
5
7
6
6 g.
rr
4

6
6
6
6
6 g7

.

7 g.

10
4
6 g.

....

....

2
8

8
7
8
8

357.)

p.

Lykens Valley— Leased

Little Miami.—This company leases the Columbus
Sb Xenia, and both are leased to
Pittsburg, Cincin¬
nati & St. Louis, guaranteed by Penn.

road at

RR., lessees

$62,500

to Summit Branch Rail¬

per annum.

(V 25,

p.

113.)

Macon A August a.—Leased and operated
by the
Georgia Railroad, which guarantees all the bonds
except $100,000 of first mortgage. Gross earnings,
1877-8, $99,787; expenses, $104,6C7. To be fore¬
closed. (V. 26. p. 46$; V. 21, p. 252.)
Madison A Portage.—Controlled by Chic. Mil. &

assuming interest payment on bonds and 8 per cent
on stock:.
Net earnings, 1876, (L. M. & U. &
X.)
$226,555. (V. 20, p. 427; V. 24, p. 420.)
Little Rock A Fort Smith.— Foreclosed Dec.
10,1874.
issued for old bonds. Net

Re-organized and stock

receipts, 1876, $51,044; in 1677, $114,126. (V. 25, p.
63; V. 26, p. 549.)
Little Schuylkill. —Leased and
operated by Phila¬
delphia & Reading. Dividends, 7 per cent.

St. Paul.
459.)

Gross

earuings, 1»76, $31,896.

(V. 26, p.

Mahoning Coal.—This coal road runs from An¬
dover. O to Youngstown, O., and is leased to the
Lake Shore & M. S. for 25 years from
May, 1873, at
40 per cent of gross
earnings.
Manchester A
Lawrence.—Formerly operated with
the Concord RR. as one line. Net
earnings 1877-8,
,

Logansport, Crawfordsville A S. W. of Ind.—De¬
cree of sale

made.
The total liabilities.
September
1875. reported at $4,097,600, of which
$322,000 were
receiver's certificates. (Y. 22, p.

63; V. 23, p. 428.)

Long Island.—Gross earnings, year ending Sept. $100,458 against $100,4)5 in 1876-7. (V.
25, p. 39;
80,1876. $1,134,758; net earnings, $383,608 (including V. 27, ]>: 66.)
leased lines from May ’.); interest and
Maine Central.—The total
rentals,
earnings forthe year 1877
$276,331. Net earnings for three yea-s before, were: were
$1,654,237; operating expenses. $1,003,538: net
1874-5, $213.50 J; 1873-4. $317,831; 1872-3, $365.-#3. 'earnings,
$65 1.K9*—sufficient to pay $603,519 for
In Jan., 1876. a sale of stock was made to Mr.
Pop- ; interest and rents, and leave a balance of $47,179
! There were ^old $1,011,000 of consol, bonds in the
ng No. Shore A Central, and the So. of the
L. IFlush
and year to pav fl oating d >bt
(V. 22. p. 3 ff.t; V. £1, p.
went into Receiver's ha id* October, 1877.
tV. 23.
'34 4; V. 25. p. 187; V. 26, p. 341.)
p. 112; V. 25, p. 334, 432, 510; V. 26, p. 290. 3 2.)
Mansfield A Framingham.—Leased to
Boston,
Louisville, Cinc'nnati <ft Lexington. — Sold in Clinton & Fit hbu,g,
at 25 per cen* ot gross earn¬
foreclosure Oct. 1, '77. for $731,000 to 2d mort. boodings. Consolidation made June, 1875.
(V. 20, p.
iiolders, subject to above liens. New co. organized 615.)

f>enhusen. and this rotd afterward leased




‘

$2,100,000 stock. (V. 24, p. 170, 469, 565; V. 25,
16, 335, 35 6, 433, 533; V. 27, p. 302.)

(V. 25,

.

|

Philadelphia Office.

Jan., 1892
May 1, 1902

Q.-M.

Cincinnati.
Sept. 10,1878
m. A N. N Y., Bank of America.
May, 1883
Various
Cincinnati.
1894

Q.—F.

Boston.

July 1, 1895
July, 1878

Philadelphia Office.
do

Oct., 1882
Aug., 1900

N.

Y., Jones A Schuyler.
Companv’s Office.
N.Y., St. Nicholas N.Bk.

1873
F. A A.
1890
M. & N.
do
do
1884
M. & N.
do
do
July, 1898
M. A N.
do
do
May, 1903
A. A 0.
do
do
April, 1901
M. & S. Drexel, Morgan A Co.
Sept., 1901
J. & J. N. Y., Bank of America.
Jau., 1881
J. A J.
do
do
Jan., 1897
A. & O.
1907
F. & A.
Louisville.
July, 1878
A. & O. N. Y., Drexel, M. A Co. 1886
A 1887
Various
do
do
1886
M. A N.
Louisville.
Nov., 1880-’S5
A. & O.
do
Oct.
A.
M.
J.
F.
A.

A
&
&
&
A

0. N. Y., Drexel, M. A Co.
N.
New York.
D. London, Baring Bros.
A.
do
do
O.
Boston.

Q.—F.
J.

&
J. A
A. A
J. &
M. &

April, 1898
Nov.

1, 1883
Dec., 1901
Aug., 1902
Apl. 2, 1878
Nov., 1878

Philadelphia.

J. N.Y.,M.K. Jesup,P.ACo.
J.
do
do
O.
New York.
J. N.York, Union Trust Co.
N. Manchester and Boston.

Oct., 1890
Jan., 1902
May I, 1878

O. Bost., Nat. B’kCom’roe.

April 1, 1912

1887
1879

A.
F.
A.
J.
J.
J.
A.
A.
M.
J.
F.
F.

A
&
A
&
&
A
&
&
A
A
A
&
&
&
&
&
&
&
&
A
A
&
&

A.

Bost., N. Bk. Commerce

O.
do
do
J.
do
do
J.
Portland.
J. Bost-. Nat- B’k Cort|’>*ce
O.
Portland, Me.
O. Bost., Nat. B’k Com’rce.
N.
Belfast and Boston.
J. Boston, Bost. Nat. Brink.
A. Balt., R. Garret A Sons.

M.
J.
A.
M.
J.
J.
M.
J.
J.
J.
F.
M. &

A.

London.

N.
J.
O.
N.

Balt., R. Garret & Sons.

J.

D.
N.
J.

D.
J.
A.
S.

do

do

\ do
do

do

1890 to 1891

Oct.* 1900
July, 1898
July, 1901
.Tulv. 1891

April!, 1883.
Oct.

1, 1895

May 15, 1890
July 1, 18-9
Aug. 1, 1891
Aug. 1, 1891
May 1, 1896
July 1, 1890

April, 1908

do

May 1, 1896
do
do
July, 1878
Balt., Mcrch. Nat. Bank Dec. 1, 1904
do
do
May 1, 1878
do
do
Jau. 1, 1900
N. Y., Company’s office.
Juno 1, 1892
do
do
July 1, 1891
do
do
Aug. 1, 1892
do
do
Sept. 1. 1903

.

7
7

....

Lowell A Lawrence.—Leased to Boston & Lowell.

635.813

1898 A 1923

....

-

(V. 24, p. 110; V. 25, p. 233;

Philadelphia Office.

J. & J.
M. A N.

2*9

Louisville & Nashville. In 1877-8 gross
earnings
$5,607,598, and net $2,344,242; nirnlus above
interest, $684,391. Nashv. & Dec. is leased, and
liabilities for the S. & N. Ala. are assumed. (V.
25,
P.41, 332, 356; V. 26, p. 142, 653; V. 27, p. 68,
3 5 4.)

3,162,822

Stocks—Last
Dividend.

15, 1893

7
7 g.
7
6 g.
3

7
7 g.
7
8
8
7
4
7
4
7
8
8
8
10

300,000

m

.

Payable, and by
Whom.

& D.

....

7
6
7
7
7
7
6
7
7

lianas—

pal. When Due.

.

rr

1,000,000

....

1873

1

....

8

were

$2,783,633 $3,201,896 $3,325,214
27,092,297 27, 228,920 27.228,855
22,129,000 21,186 000 24,301,000
460,208

7;o7o;ooo

7

with
p.

$7,049,646 $li,48\036
3,842,750

1,000
1,000

....

109

800
284
284
284
103
10

T. A J.
J. & J.
A. & O.

....

1872
1871
1872

....

3^3

....

50
44
94
292
181
272
292
133
133

mortgage.
Consol.M.,g. ($1,400,000 1st M. on 01 m. in Tenn.)
Memphis A Little Rk — 1st M. (paid $50,000 yearly)
or

1869

7

2,646,100
492,000
1,500,000
3,300,000
175,000
150,000
1,121,500
106,500
250,000
600,000
100,000
3,000,000
275,300
9,003,218
849,000
225,000
77,000

100

....

2d

Metropolitan (N. Y. City)—1st mortgage, $
Michigan Central—stock... .*
1st mortgage, convertible,
sinking fund

1866

...

2;65o;ooo

333.000

£200
£200

Where

J.

1,000

1860-1

1870
1868
1871
1861
1863
1865
1870
1869

Payable

6 g.
6
7
7
2
6
6

1,000

100

1872

72

3d mortgage

1,000

....

....

....

Belfast & Mooseliead, 1st
mortgage
Mansfield <£ Framingham—1st mortgage
Marietta A Cincinnati—1st mortgage, dollar
1st mortgage, sterling

500
500
1,000
1,000
100 Ac.
100

1867
1869
1870
1872

38

consolidated mortgage

500
500

....

19

loan
Kennebec, 1st mort., extended

do

....

....

.....

Androscoggin
Railroad, Bath City
Portland &

50
500 &c.
100 Ac.
50
500

....

1872

355
355

«,

Bonds ($1,100,000 loan) A. A. K. RR..
Extension bonds, 1870, gold
Maine Central loan for $1,100,000
Leeds ^Farmington Railroad loan

1,000

1871

12
20
77
77
39
43
26

coupon

Manchester A Lawrence—Stock
Maine Central—Stock

50

1875

1856
1863
1863
1877
1868
1873

When

Cent.

1.697,000
1*545,000
4,608,000
1,500,000
525,000
5,000,000

....

1,000
1,000

....

Outstanding

Rate per

Held by L.V.

.

1,000

....

392

I

.

1853
1864

1877
1870

Amount

$1,000 $13,301,000

....

....

Macon <& Augusta— 1st
mortgage
2d mort., endorsed by Georgia Railroad
Madison & Portage—1st mort., cold

Value.

....

1868
1873
1871
1871
1851
1867
1877

....

Lawrence—Stoek

or
Par

....

....

INTEREST OR DIVIDENDS.

Size,

1864

95
4
10
19
G5
175
175
737

Lykens Valley—Stock

1873
1877
1872

1860

•

•

....

Memphis & Clarksville br., 1st mort., sterling
Lowell
d

[Vol. XXVII.

M. A
J. A
J. A
M. &
J. A
J.

A

A.
A.
M.
J.
M.

A
A
A
A
A

N. N. Y.. R. T. Wilson A Co.
J.
J.
N.
J.

do
do

v
s

May 1,1880

do
do

Jan. 1, 1885
Jan. 1,1916

N.Y., Central Trust Co.
J. New York and Boston.
O.
Boston Office.
O.
do
N. N. Y., Farm. L. A T. Co.
J.
do
do
N.
do
do
.

May 1, 1883
July, 1907
July, 1908
June 1, 1878
Oct. 1,1882
Oct, 1,1882
May 1,1902
Jan. 1,1890
1890

Marietta A

Cincinnati.—Capital stock is $14,000,
Gross earnings for the year 1876 were
$1,637,052; expenses, $1,291,870; net earnings, $345,181,
against $371,424 net earnings in 1875. The Baltimore & Ohio Railroad made
large advances for
construction, &c. Default was made in 1877 and a
receiver was appointed in suit to foreclose the 4th
mortgage. The first mortgage bondholders com¬
plain of the payment of interest on guarantees
000.

which

are

inferior liens to their

224; V. 25,

p.

308, 335, 5(9; V. 26,

(V. 24, p.
216, 342, 496.)

own.

p.

Marquette. Houghton A Ontonagon— This is ft
of Marquette & Ontonagon and
Houghton & Ontonagon, and operates 88)4 miles.
Lands amount to 425,000 acres, chiefly timber and
mineral.
Stock, $2,306,600. Net earnings, 1876,
$317j;87.
consolidation

Memphis A Charleston—This road was leased in
June, 1877, to theE. Tenn. Va. & Ga. RR. Co. for pet
earnings. See full account in V. 26, p. 115. Of the
new consol, mortgage $1,400 000 is secured
by old
Tenn. State lien for Jl,736,906, assigned to a trus¬
tee, and enough is reserved to take up 1st and 2d
mortgages. Net earnings 1877-8, $307,000. (V 23,
p. 304; V. 24, p. 519, 565; V. 25, p. 255; V. 26, p.
115.)

Memphis A Little Rock.—So]A Arril 28. 1877, and

reorganized.

The land grant of about 1,('00,000
acres, is covered by general mortgage, which pays4
per cent till 1882 and 8 thereafter.

Metropolitan (N. Y. Ci y),—This is the elevated
formerly kuowu as)the “ Gilbert.” (V. £7, p.

road

143.)

Michigan Central.—The fiscal

year

will hereafter

with Dec 31. For seven month-, June Dec.,
1-77, net earnings on main line and branches were
$1,31.2,498. Floating debt has been paid off. The
Jackson L.& 8. debt is assumed
by Mich. Cent.,
which also nays $70,000 per year on the si.ock, oncthird of which it owns; the proceeds of J. L. & S.
lands go to pay bonds. (V. 26,
p. 549.) Interest wa»
end

October 26,

RAILROAD. STOCKS

1878.]

AND

BONDS.

xxifl

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

DESCRIPTION.
_

8

at the head of first page or tables.

XTUoa

Date

Of
Road

of

Size,

Bonds

oi

1

Bonds—Princi¬

INTEREST OR DIVIDENDS.
Amount

Par
Value.

Rate per

Outstanding

Cent.

When

Where Payable, and by

Payable

pal, when due.
Stocks—Last
Dividend.

Whom.

j

Michigan Central—(Continued)—
Equipment bonds
Kalamazoo A South Haven, 1st mort.,
do

do

Grand River
do
do

$1,000
1,000

1870
1866

84

1869

1,000
1,000
1,000

118
118
116

1872

.

do

mortgage (not guar M.C.
Jackson, Lansing A Saginaw 1st mort
1 coup

.

do
1st mort. (N. of Win.), conv. > may
do Cons. m. on whole line
(300m.) J be r’f t
Milwaukee d- Northern—1st mortgage
Milwaukee, Lake Shore d- Western—1st in., gold. ..
Mine Hill <S: Schuylkill Haven—stock

126
127
140
27
93
15

<t St. L.—1st M., Min. to Sioux C. June
1st mortgage, Sioux City June, to Iowa line
1st

mortg., Minneapolis to White B. Lake, guar.,
Mississippi (£• Tennessee—1st mortgage, series “A”.

mortgage, series “ B,” (a second lien)
Missouri, Kansas <£• Texas—stock

Consolidated mortgage, gold, on road and 1;
2d mortgage, income (for $10,000,000)
Hannibal A Central Missouri, 1st
mortgage
Missouri Pacific—Stock
1st mortgage, gold

.

Real estate (depot) bonds
Debt to St. Louis County (no bonds)
3d mortgage
:

1877
1868
1870
1871-3
1876
1870
.

1868
1871
1872

1512

mortgage

New 1st mort. (for $6,800,000)
coup*
Bonds of N. C.A St. L., 1st mort. on two branches
do
do
1st mort. on Tenn. & Pao
Nashville <£ Decatur—Stock, guar’d G p.
c. by L. & N.
1st mort. guar. s. f
2d mortgage

Nashua & Lowell—Stock
Bonds for freight depot (gold)

2i

1871
1871

40

1874
1875

guar

80
23

800,000

100

800,000

1,000

7,000,000
2,600,000
800,000

.

Milwaukee & Northern.—Two coupons were paid
in stock, but cash payment was resumed in
July,
1876. It is leased to Wisconsin Central.
(V. 22,

233.)-

Milwaukee., Lake Shore & Western.—Sold

6
7
7
6
7

'

1,000
1,000

1864
1866

500 Ac.

vari’us
1871

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

1871

137

1875

500,000

15,000,000
5,000,000
3,000,000
284,000
573,000

250

345

4,991,000
4,321,000

25
1871
1873

340
30

1,000

1877

1,000

1877

1,000

1870
1867

1,000

122
122
1 99!

500
100

-

44
15
13

years; 8 per
was

com¬

The bonds of the $1,100,000

mort¬

gage numbered from 1,101 to 1,4)0, for #50^ each,
*$150,000 in all) are guaranteed by the Burl. C. R. &
Northern Railroad. The bonds* on the 15 miles
were issued by the
Minneapolis & Duluth RR.

Mississippi & Tennessee.—Gross earnings 1876-7,

$433,440; net, $212,768. All the debt is consolidated
in the mortgage of 1877,
consisting of series “A,”
preferred, and series “B,” 2d.

The debt to State
(V. 23, p. 621; V. 25, p. 154, 617;

paid.
V. 26, p. 39.)
Missouri, Kansas <6 Texas.—Latest report, V. 26.
p. 365.
Gross earnings 1877. $3,197,321; net, $1,048,664, against $1,371,833 in 1876, and $1,360,103 in 1875.
Net income n 1877 over taxes $952,211: Annual
interest charge now (under adjustment) is
$776,398,

fold. 4The M. K.&inT. 1878
bondsandand5 Uin P.1679-^.
S. Br. bonds
Land
per cent

grant is about 4,565.142 acres.
fV. 26, p. 365, 392,
-*70, 523, 548, 625, 653.)
Missouri Pac{hc.—Gross earnings in 1877. 13,984,-

exDenses, $2,824,355; net $1.660,0.-6.
Reorganized after the sale of the foad under 3d
mortgage, Sept. 6,1876, for $3,000,000. Stockholders

200,000
100

1877
1869

1,025,000
6,560,295
1,000,000
1,100,000
4,700,000
320,000
300,000
1,512,000
1,837,000
206,000
800,000

H

1,000
50
500 Ac.
50

68A70 500 Ac.

'

2,000,000
1,836,000
1,300,000
800,000
605,000

525,000

of old company brought suit to annul the
Default was made on Carondelet Branch bonds,

g.

:

7

7
7
7
7
7

1^
4
6
7
6
6
3
7
6 g.

6 g.
5
7
5
7 g.

2*3
7

sale.
Oct.

receipts in 1877, from road and landj,
p. 493, 565; V.

$1,004,54'; net, $263,891. (V. 24,
25, p. 308; V. 26, p. 342, 391.)
Girard.—The

Central

Railroad

of

Georgia endorses these bonds, and holds the 4 per
cent mortgage bonds for advances made.
(V. 23,
p. 549; V, 24, p. 542.)
Mobile & Montaomenj.—Sold in foreclosure, No¬

vember. 1874, and stock issued to old bondholders.
mortgage debt vet out. $275,000. Gross earn’gs,
1877, $66t>,037; net, $224,560. (V. 24, p. 180, 495;
V. 26, p.418.)
Old

Mobile & Ohio.— Plan of adjustment (see V.23, p.
451).
Gross earnings year ending Aug. 1, 1878,
$2,098,540; net, over all expenses, *376,-21. (V 26,
p. 166, 256, 344, 496, 653; V. 27, p. 330.)
Montclair & Greenwood Lake.—Re-organization of
old Montclair road sold in foreclosure. Receiver
appointed, October, 1877.
Disagreement as to
reorganization. (V. 26, p. 67. 600,625. 653; V. 27, p.

16, 68, 95,172, 192, 228, 252, 3o3, 357, 383.)

Montgomery & Eufaula.—Was to have been sold
12, lo77, but, postponed by an

in foreclosure Nov.

appeal.

(V. 25,

p.

do

1904-1906

April 19,1911
May, 1890

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

Y., Company’s Office.
do

do
St. Louis.

mont’ly
M.
A.
J.
A.
J.

A
A
A
A
A

N. N.

O.

do
do

Boston, Co.’s office.
do

O.
J.

May 1, 1892
Feb., 1885

Y., CompanjT’s Office.
New York.

J.

Aug., 1888
July, 1891

N.

do

Y., Nat. City Bank.

Oct. 1, 1893
Jan. 1,1899

April 15.1890
Jan., 1889

....

N. Y.,

....

Drexel, M. A Co. July 31, 1878

F.
J.
F.
A.

A A.

A
A
A
J. A

do

J.

do
do

A.
O.

D.

4

do

1891

do
do

1900
1889

do

do

do

Oct,, 1901

do

June 1,1915

....

i;*1878

A. A 0. New York A Nashville.
Oct.
N. Y., V. K. Stevenson.
1881 and ’91
J. A J.
J. A J. N. Y., V. K. Stevenson.
July 1,1913
J. A J.
New York.
Jan. 1. 1917
J. A J.
do
Jan. 1, 1917
J. A D.
June, 1878
J. A J. N. Y., Drexel, M. A Co.
July 1,1900
A. A O. Nashville, Co.’s Office.
Oct., 1887
M. A N.
Boston A Nashua."
May 1, 1878
F. A A.
Boston.
Aug. 1, 1893
J. A J.
Bridgeport, Conn.
July 15, 1878
A. A O.
Boston.
Oct. 1, 1896
M. A S. Philadelphia, Co.’s office Sept, 1, 1878
M. A N. N. Y., Union Trust Co.
Nov. 1, 1889
....

passed
Oct., 1873, and subsequently.
Coupons overdue
Jan. 1, 1878, $2,127,550. Receiver appointed April,

&

do

v

Missouri River, Fort Scott & Gulf.— Interest

Mobile

Jan., 1.899
June, 1903

do
do

....

1, 1877, and compromise bonds at 50 per cent were
offered Jan., 1878. (V. 25, p. 235; V. 26, p. 41;
V. 27, p. 68.)

Gross

do
do
do
do

New York.
Dec. 1,1883
Q—M.
lit. ix N. New York and London
Nov. 1,1883
M. A N.
Mobile.
1876 and ’83
London.
£. M. A N.
1883
1901
g. J. A J. New York and London.
14. tz N.
Mobile.
M^'/ch
do
1877-1882
Jan. 1, 1904
fc\ J. A J. New York or London.
F. A A. New York, Co.’s Office.
M. A S.
do
do
g. M. A S. N. Y., G. Opdyke A Co. March 1,1886
J. A D.
do
do
June 1,1900
g.
1890
Q-J. N. Y., Union Trust Co.
J. A J. N. Y., Del., Lack A W.
3^3
July 2,1878
7
M. A N.
do
do
1914

1,800,900
1,040,000
330,000

50

....

34

8
6
8
6
7
8
8
7
7
7
8
8
7

(?)
700,000

1,000

Y., Union Trust Co.

Various

....

1,517,300
769,920
1,668,000
53,000
1,451,207

1,000

A J. N.
A D.

A. A O.
M. A N.

2!og.

977,550

100 Ac.
100 Ac.

g.
g.

« g7
8
7
7
6 g.
10
10
8
4

5 649 000

1,000

J.
J.

g.

....

800,000

2,791,800
5,320,600

1,000

84

1878.

in fore¬

closure for $2,509,788, Dec. 10, 1875, an:l
purchased
by bondholders, who made this new first mortgage
for $750,000. Net earnings, 1876, $57,479.
(V. 25,
p. 308; V. 27, p. 252, 357.)
Mine Hill & Schuylkill Haven.—Leased to Phila¬

St. Louis.—This road

3*3
7 g.
7 g.
7 g.
8
8

4,500,000
250,000
5,000,000
1,947,000
300,000

.

137
84

1612

<£

passed on the Detroit & Bay City bonds, not guar¬
anteed, Nov., 1875. D. & B C. net earnings in 1877
were $97,231.
(V. 25, p.11,332; V. 26, p. 417,
514, 653.)
-




1867
1870
1870

80

mortgages

442; operating

1,000

100 Ac.

57
133

Straitsv., O.—1st mortgage
Newcastle <£ Beaver Valley—Stock..
New Haven d- Derby—1st A 2d

raw

14,752,000
6,025,500

1873

Nesquehoning Valley—Stock

s

1,000
500 &c.

100

54

Naugatuck—Stock

of Tenn.i

2,433,000
349,000

100 Ac.

Convertible bonds
Construction bonds
f
Gen. m. A 1st on Boonton Br. Ac. (guar.
D.L.&W.)
Consol, mort. (for $25,000,000)
guar. D. L. A W..
Special real estate mortgage
Nashville. Chattanooga <£ St. Louis—stock
Bonds to U. S. government, 2d mort
Bonds endorsed by Tenn

Minneapolis
pleted in i877.

21,405,000

100

Consolidated mortgage, gold (for $15,000,000)...

stock.

100

1,000
1,000

£100 Ac

Montclair <£ G. Lake.—1st mort, new
($700,000)
2d mort. (issued for old firsts)
Montgomery d• Eufaula—1 mort., end. by Alabama.
1st mortgage, not endorsed
Monticello & Fort Jervis—1st
mortgage
Morris d: Essex—stock
1st mortgage, sinking fund

on

1,100,000
280,000
1,000,000
1,100,000

.

1873
1853

mortgage

cent dividends

1,000
1,000
1,000

1,000

....

mortgage, sterling

delphia & Reading, May 1*164, for 999

500 &c.

1.000
500 Ac,

1870
1869

186
516

Special mortgage (Mississippi, Gainesville & Tex.)
2d

p.

8
8
8
8
7

455,000

1,000

.1877

Interest bonds
Interest bonds, sterling
Tennessee subs., 1st mortgage, sterling

Newark, Somerset

1,000

1,000

1869

161
161
85

Convertibles per cent bonds

Nebraska—Consol, mort.,

1,000

1,000
500 &e.

1876
1873

299

...

2d

1,000 i
50 Ac

2*3
8
8

700,000

Missouri R., Fort Scott <& Gulf— 1st m. i.
gr. s. f..
2d mortgage, coupon,
may be registered
Mobile & Girard—2d mort., end. by Cent. Ga. 1
Mortgage bonds issued to Central R. R. Ga
Mobile <£• Monty.—Stock, (Authorized
$3,022,517.).
Mobile tO Ohio—Stock
1st

.

1,000
1,000

A. A O N. Y., Farm. L. A T. Co. April 1,1883
M. A N
do
do
Nov. 1, 1890
M. A N
do
do
Nov. 1. 1890
J. A J N. Y., Union Trust Co.
July 1,1886
M. A S
do
do
July 1,1879
J. A J.
do
do
July, 1878
M. A N.
do
do
May 1,1902-3
M. A N. New York and Boston.
1902
J. A J. N. Y., Union Trust Co.
July 1,1885
M. A N.
do
do
May 1, 1890
M. A S.
do
do
Sept. 1,1891
J. A D. N.Y., Merch. Exc. N.Bk.
Dec., 1901
J. A D. N. Y., S. S. Sands A Co.
June 1, 1895
J. A J. Philadelphia, P. A R.Co.
July, 1878
J. A J. N.Y., Continental N.Bk. Jan. 1, 1907
.T. A D.
do
do
Feb. 1, 1927
M. A N.
do
do
Jan. 1, 1907
A. A O.IN. Y., Imp. A Trad. Bk. April 1, 1902
J. A J.
do
do
July 1, 1902

8
8
8
8
8

640,000
70,000
1,000,000
500,000
491,200
424,000
1,906,000
1,277,000
680,000
2,001,000
2,134.000
750,000
3,969,600

50

1877
1877
1877

283
283

$556,000

100

•

1877

100
786
182
100
786
786
70
299

mortgage, gold (Tebo. & Neosho)

•

....

100

1st

•

1872
1865
1870
1871
1870
1875

236

Minneapolis

1st

1874
1870

5

guar.
2d mort., guar
stock, guar

do
do

do

2d mort.,

Valley, 1st mort.,

39
39
84

guar,
guar.

17; V. 26, p. 5* 7.)

Monticello & Port Jervis.— Defaulted in 1873. Sold
(V. 20. p. 359, 383; V. 21, p. 39, 592.)
Morris <& Essex.—Leaded in perpetuity to the
Delaware, Lackawanna & Western. The lessees
assum ‘ all liabilities and pay 7 per cent on stock.
Report for 1876, V. 24, p. 3£D; for 1677, V. 26. p.
191.

July 7, 1875.

Nash., Chatt. cfc St. L.—Gross earnings of 1877-8

Newcastle, Penn.
Q.-J.
Various N. Haven, E.S. Scranton

Oct,, 1878
1898 to 1900

$1,871,808; expenses, $1,070,270; net earnings, $801.538. The following payments were made in addi¬
tion to the operating expenses :
Interest
Interest

on
on

bonded debt for the year

floating debt and exchange

$452,400

Tax^s
Two dividends of \% per cent, each
Cost of steel over iron r tils
Cost of extra ties used in
laying 32 miles
steel rail, 600 to mile extra
Cost of iron bridges
25 'ashv. & N. W. bonds, due July, 1878...
Minor items

Total

14.887
23,534
131,505
32,297
5,100
30,611
25,000
25,412

$740,746

The debt to United States and bonds
by Tennessee are secured by denosit of
bonds.
(V. 24. p. 321: V. 25, p. 357, 476,
26, p. £23; V. 27. p. 146, 275.)

endorsed

1st mort.

482; V.

Nashville & Decatur. -Leased May 4,1871. to Lou¬
isville A Nashv. Co. for thirty years, lease guarantee¬

ing interest

on

bonds, and 6 per ct. yearly on stock.

Nashua & Lowell.—Net receipts in 1877-8, $96,759.
Notes out are $225,000. (V.24,p.564; V.26 p 624.)

Nauaatuck.— Net earnings 1876-7, $227,927. (V.
23, p. 622: V. 25, p. 616.)
Nebraska.—Formerly Midland Pacific.
The old
bonds were to be exchanged for these guar, by the
Bur. & Mo. in Neb., to which the Nebraska road is
leased. See V. 25, p. 335, 641.

Nesquehoning Valley—Leased to the Lehigh Coal
Navigation Co. at a yearly rental of 10 per cent
dividend on the capital stock.
Newark Somerset rfe Straiten.—Leased to Sandusky
Mansfield & Newark. Guaranteed by Balt. & Ohio.
New Castle & Beaver V<Uey.— Leased to Pitts¬
burgh, Fort Wayne & Chicago, and lease transferred
to Penn. Company.
New Haven A Derby—Net earnings 1876-7, $46,475.
.New Haven city guarantees the $225,000 2dm. bond&.
&

RAILROAD

XXIV

Subscribers will confer

a

DESCRIPTION.

STOCKS AND

BONDS.

[Vol. XXVII.

great flrror by giving Immediate notice of
any error discovered In tltese Tables*

Miles Date Size, or
For explanation of column headings.
&o., see notes
of
of
Par
at the head of first page of tables.
Road. Bonds. Value.

INTEREST OR DIVIDENDS.

Amount

Outstanding

Rate per When Where
Cent.
Payable

Bonds—Princi¬

Payable, and by
Whom.

pal, when Due.
Stocks—Last
Dividend.

-

Northamp. (canal RR.)—Stock
Mortgage bonds, coupon

100
92

Bonds convertible, tax free, coupon

•

•

•

•

Holyoke <fc Westfield RR, leased, 1st mort
10
N. J. Midland—1st mort.,
g’ld, guar, by N.Y.& O
80
2d mortgage, currency
80
New Jerseu dk New York— 1st mort.
(for $1,500,000)
37
N. J. Southern—1st mortgage
78
New London Northern,—Stock
100
1st mortgage bonds
100
2d mortgage
100
N. O. dk Mobile— 1st mortgage
•.
140
N. Y. City dt Northern— 1st
mortgage
N. Y. dk Canada—1st M.,
sterling, guar. D.& H. Can.
112
New York Central dk Hudson River—Stock
1,000
Premium bonds
(N. Y\ Central)
Bonds, B. & N. F. stockholders
do
Bonds railroad stock
do
Bonds real estate
do
Renewal bonds
2d mortgage, sinking fund (Hudson
....

1875-6”,

....

....

....

New morte-ae-e
*ew
mortgage

£ $30,000,000 )

j

£2.000.000 )

River)

N. Y. City Elevated.—Stock
1st mortgage (for $12,000,000) $ or Si
New York dk Harlem—Common stock
Preferred stock
Consol, mort., coup, or reg. (for

$12,000,000)

Sinking fund

—

N. Y. Housatonic dk Northern—1st
mortgage
N. Y. Lake Erie dk West.
(Erie)—Stock, common
Preferred stock (7 p. c. y’rly, not
cumulative)
1st mortgage (extended in 1867 to 1897)
2d mortgage, convertible (extended to
1879)
3d mortgage
4th mortgage, convertible
5th mortgage, convertible
"..
Buffalo Branch Bonds

Long Dock Co. mortgage

Sterling bonds, convertible, £1,000,000

1st consolidated mortgage, gold (for
$30,000,000)
2d consolidated mortgage, 5-20, (for
$40,000,000)
New bonds (debentures) convertible till 1883
N. Y. dk New England (Bost.,
Hartf. dk Erie)—Stock.

1st mortgages, old
1st mortgage, new
New York, Neio Haven, dk Hartford—Stock
Harlem & Portcliester, 1st mortgage guaranteed.
N. Y. dk Oswego Midland—1st mortgage,
gold
N. Y., Prov. dk Boston,—(Stonington)—!Stock
Extension mortgage
First mortgage
North Carolina—Stock, common
Preferred stock

Mortgage bonds

Northeastern (8. C.)—Stock, common
Pref. stock (8 per cent) exchangeable for 2d mort.
1st mortgage, new

2d mortgage, new
North Pennsylvania—Stock
1st mortgage
2d mortgage. /
General mortgage bonds
Northern Central—Stock
1st mortgage, State (Maryland) loan
2d mortgage, sinking fund, coupon
3d mortgage, sinking fund, coupon

Consolidated mortgage, gold, coupon
do
do
do
registered
Consol, mortgage, gold, s. fund, coup., $ or £
2d general mort., “A,” coupon
do
“B,” coupon, convertible
Northern, N. H— Stock
Northern of New Jersey—Stock
1st mortgage, extended
Northern Pacific—New preferred stock

New Haven & Northampton— Gross
earnings,
1876-?, $561,366; operating expenses, $333,122; net
earnings. $231,244. (V. 26, p. 17.)
New Jersey Midland.— Defaulted after the
panic of

1873 and funded coupons. The bondholders funded
coupons, but default was again made, and receiver

appointed.

.

.

.

1870
1870
1871
1873
1869

1,000
1,000
100

....

1865
1872
1871
1878

1874
....

1853
1854
1853-

100 &c.
500 &c.

1,000
500 &c.
£100&c
100
500 &c.
500 &c.

1,000
1,000
1,000

4,000,000
89,428,300
6,632,900
74,500

100

1S76

1,000

5,000,000
7,000,000
7,500,000

....

....

....

132

1872
1861
1872

.

.

.

....

....

....

....

....

....

459

459

13*9
86
139
141

12i4
334
62
12

50
223
223
223
102
102
102
102

58
56
56
....

317
138
138
] 38

....

1847
1849
1853
1857
1858
1861
1863
1865
1870
1874
1873

50
-50

1,000
500 &e.
500 &c
100
100

1,000
1,000
1,000
1,000
500 &c.
100 &c.

1,000

1864
1876
1873
1869
....

1860

1869

’67-’68
....

1869
1869
....

....

....

....

....

....

1855
1865
1868

138
138
1868
138 ’74-’75
138
1876
138
1876
82 D*
21
21
1878
550
....

12,076,000
14,400,000
10,000,000

100
....

100 &c.
100

1,000
1,000
'

....

1,000
1,000
1,000

1,000

....

100
100

500
50
50
500
500
50
500 &e.
500 &c.
....

50
....

500 &c.

500 &c.

1,000
1,000

1,000
1,000
1,000
100

Too

6 g.
7

5,685,000
928,000
376,000
15,500,000
2,000,000
8,000,000

3,000,000
50,000
1,000,000
3.000,000
1,000,000
210,000
899,350
88,000
820,000
234,000

3,978,150
1.930,500
1,500,000
2,035,000
5,842,000
1,500,000
1,490,000

1,126,000
2,599,000
205,000
4,518,000
3,000,000
1,000,000
3,068,400
1,000,000
400,000

or

4
4
7
7

,

M. & N.

Q.-J.

M.
M.
M.
M.
J.
J.
J.
J.

&
&
&
&
&
&
&
&

N.
N.
N.
N.
I>.
D.
J.
J.

&
&
&
&
&
A. &

J.
J.
J.
N.
J.
O.

6 g. J.
J.
J.
M.
J.

Is-

182,600

£200

7
7 g.
7
6 g.
2
6
6
6
6
6
7
7

1,550,000
10,500,000
107,704
1,500,000
78,000,000
8,536,910
2,483,000
2,174,000
4,852,000
2,937,000
709,500
3,000,000
4,457,714

....

or

1,800,000

9,733,333

....

6

4,000,000 8

1,000

....

1*4

300,000
387,500

1,000

....

7 g.
7

2,120,000
1,500,000

1873
1873

60
959

7 g.
7

1,500,000
916,000

New Haven.
Oct., 1874
do
Jan., 1899
do
April ’80 & '82’
do
April 1, 1891
F. & A.
N. Y., Co.’s Office.
1895
F. & A.
do
do
1881
M. & S. New York and London.
March 1,1893
M. & N.
In default.
Nov. 1, 1889
New London, Office.
Q.-J.
Oct. 1, 1878
A. & O. N. Y., B’k of N.
America
Sept., 1885
J. & D.
do
do
July, 1892
J. & J. New York, Co.’s Office.
Jan. 1, 1915
M. & N.
New York.
May, 1908
J. & J.
A. & 0.
A. & 0.

7

3,000,000

840
840

....

3
7
6

1,294,000
885,000
200,000

....

....

1854

132

.

100 &c.
100 &c.

$2,460,000

....

....

....

coupon or registered.

.

1,000
1,000
1,000

592,000
162,000
2,391,000
1,794,000
18,465,000

....

....

$100

1869

1

New Haven dk

43,011,267

(V. 22, p. 41,591; V. 23, p. 329, 5 9 8; V.
24, p. 542;
V. 25, p. 640; V. 26, p. 315, 575; V.
27, p. 357.)

N. Y. City Elevated— Securities admitted to N.
Y. Stock Board Jan., 1877. Bonds are
payable after
1*97 at 105. A first
mortgage of 1872 was cancelled.
General statement V. 27, p. 280.
(V. 26, p. 653; V.
27, p. 280, 400.)

May 1,1883
May 1,1883
May 1,1885
May 1,1883
Dec. 15, 1887

do
do

do
do

June, 1885
1, 1903
1, 1903

London.

Jan.
Jan.

New York.

Jan.

1, 1906

N.Y., Gr. Central Depot. July 1, 1878
do
do
July 1, 1878
do
do
do

do

May, 1900

1, 1881
Oct., 1902
Oct. 1, 1S73
Oct. 1, 1873
May 1, 1897
Sept. 1, 1879^
Mar. 1, 1883
Oct. 1, 1880’
June 1, 1888
July 1, 1891
Jan.

Boston.
do
N.Y., Grand Cen. Depot.

Jan., 1905
July 1, 1878

J. & J.

In default.

July 1, 1894

Charleston.

Sept. 1, 1899
Sept. 1, 1899
Aug. 26; 1878

M. & N.
M. & S.
M. & 8.
A. & 0.
J. & D.
J. & J.
J. & D.
M. & S.
M. & 8.
J. & D.

.

do
do
do
do
do

May 1,1904

Oct. 15.1878

M. & S.
J.
J.
J. & J.

J. & J.

4
8
8
2 s.
6
7
7
3
6
6
6
6 g.
6 g.
6 g.
5
6
2-30
2
6

do
do
do

Mar. 2, 189A
Jan. 1, 1903

31*2

77
5
6 & 7
7 g.
2 *2
6
7
3
3
8

do
do

N. Y., Co.’s office.
do
do
do
do
do
do ’
do
do
do
do
do
do
uo
do
do
do
London.
New York and London.
London.
do

7
7
7
7
7
7
7
6
7
7
7

g.
g.
g.
g.

London, Baring Bros.
N.Y., Gr. CentralDepot.

'

Q.—J.

Jan., 1893
Sept. 1, 1875
Sept. 1, 1920

1884

1903

Q.—J. N. Y., M. Morgan’s Sons. Aug. 10 1878
& N.
do
do
May 1,. 1880& J.
do
do
July 1, 1899
& S. Company
Shops, N. C. Sept. 15, 1878
& S.
do
de
Sept. 15,1878
& N.
do
do
Nov., 1888

M.
J.
M.
M.
M.
M.
M.
M.
F.
J.
M.
J.
M.

& N.
&
*
&
<fc
<fc
<fc
&

S.
S.
A.
J.
N.
J.
N.

Q.-J.
J.
A.
J.
A.
J.
J.
J.
J.

& J.
& 0.
& J.
<fc O.
& J.
& J.
& J.
& D.

May, 1875

do

Philadelphia Office.
do
do
do

do
do
do

Jan.

Baltimore & Philadel.

1903

April 1, 1876

Annapolis.
Irredeemable.
Baltimore, 1st Nat. Bk.
July, 1885
(lo
do

April, 1900

do
London & Baltimore.

Baltimore, 1st Nat.
do

Bk.

do

Boston, Office.

J. & J. J. City, Hudson Co. B’k.

New

1. 1885

May 1, 1896

York &

-

July, 1900
Juljr, 1900
July 1, 1904
Jan. 1, 1926
Jan. 1, 1926
June 1, 1878

1876

July, 1888

Oswego Midland.—Foreclosure sale

postponed indefinitely.
been

Receivers’ certificates have-

issued to a large amount.
There
are
$4,000,000 2d mortgage bonds, $3,800,000 3d
mortgage equipment, and $1,207,000 consolidated
moit. (V. 24, p.
421,542; V. 25, p. 616; V. 26, p. 290;:
V.
also

(V. 25, p. 114, 237, 303; V. 26, p. 142,
27, p. 383.)
290.)
Neio Jersey & New York— Consolidation of the
New York, Providence c6 Boston.—Annual
New
York
&
.report
Harlem— Leased to N. Y. Central
Hackensack & N. Y. and Hackensack Extension.
for fiscal year ending Sept.
1, 1877, showed net earn¬
at 8
The Qld bonds are about $300,000.
Hackensack and percent per annum (payable J. & J.) on stock,
ings
$358,997,
of
leaving
a
balance
$83,651 carried
interest on bonds. The Fourth avenue horse
branch noticed for sale May 29, 1878. (V. 24,
to new account, against
p. 136,
$113,536 brought forward
railroad and real estate was retained, and an
158. 249, 299. 321: V. 25, p. 255.)
in 1676.
extra
(V.
25,
p.
V.
591;
27,
p. 363.)
New Jersey SouHi'n.—Foreclosure pending. There dividend made in April is from profits of this line.
North Carolina.—Leased
were also $120,000 bonds on Tom* Iiiv r
September, 1871, to Rich¬
Hr., and
New York, Housatonic &
mond & Danville Railroad at
Northern.—Foreclosure
$260,000 per annum.
$1,030,000 2d mort.. and $5,300,003 conso\ mort. Net pending.
Dividends of 6 p. c. are paid on stock, of which the
(V. 21, p. 349; V. 23, p. 549.)
earnings, 1875, $109,276. (V. 25, p.511, 592.)
State of No. Car. holds
N. Y. Lake Erie & West {Erie).—Foreclosure
$3,000,000.- (V. 24, p. 565;.
New London Northern—nperated under lease till
of the
V. 27. p. 406.)
1891 by Vermont Central for $150,000 a year; in¬ Erie R’y. took place April 24,1878, under the
second
come of Co., in 1876-7, $212,334.
Northeastern, S. C.—Gross earnings in 1376-7,
Net earnings of consol, mort, and the road was purchased by ET D.
Morgan, J. Lowber Welsh and David A. Wells for $320,071; net, $128,032. (Reports V. 24, p. 88,
road, $187,312. (V. 23, p. fiOO.)
and
V. 25, p. 617.)
New Orleans, Mobile & Texas.—The Western Di- $6,<i00,000, on behalf of the London committee, and
sion was sold Nov. 18, 1874, and the East. Div. is re-organized as “New York Lake Erie & Western.”
North Pennsylvania— Gross
receipts in year 1876-7,
operated by the mort. trustees. Int. in default since Oct. 31, 1878, is the last date for old stockholders to $1,482,705; net,$562,046.
(V.22,p.l34; V24,p.6*.)join in the new Co. The following comparison is
1872. Gross earnings. 1877, $730,010; net,
$390,6^5; for the
Northern Central.—The annual
and less extraordinary expenses, $158,480.
report for 1877
(V. 23. was a years ending Sept. 30. The net result in 1876-7 shows
grossearn’gs, $4,$70,387; expenses. $2,745,924;
nominardeflcit of $1,301,084, after
p. 379r V. 24, p. 370; Yr. 26, p. 34 l, 39-', 575.)
charging
net,
off
full
$1,324,462.
The
total
net income in 1877 was
interest on the debt'and
N. Y. City A Northern.— A re-organizatlon of
rentals, &c.; a
$1,575,047; $1,513,842 was paid for interest and
similar deficit of $1,229,630 in
¥. Y. & Boston. (V. 27, p. 172.)
1875-6, and $! ,653,166 in rentals,
leaving a balance of $61,7« 5. Und^r the
New York & Canada.—The bonds are guaranteed 1&74-5:
Gross
Net
Interest,
general mortgage of 1876. $1,000,Q.»0 more may be
Earnings.
by the Delaware & Hudson Canal Co. Road opened
Income.
Rentals, &c.
issued, as senes “C.” (V. 22, p. 257; V. 24, p. 223,.
1876-7
$14,708,889
through Oct., 1875. (V. 24, p 180; V. 25, p. 615.)
$4,636,717
$5,937,801 421,469; V. 26, p.
314.)
New York Central <ft Hudson River
15,852,461
The mort¬
4.308,563
5,538,194
1874-5
Northern N. Hampshire.—Net income fiscal
16,876,858
gage loan for $40,<>00,000 was to retire prior debt,
4,698,615
6,351,781
year
(V. 26, p. 95, 1 7. 192, 265, 290. 315. 342. 377
1877-8 was $117,13 ♦. (V. 24, d. 541: V.
and the balance for third and fourth track, <fec.
391, 414,
26, p. 546.)
Northern of N. Jersey.—Operated
The Harlem RR was leasedApril, 1873. The follow¬ 444, 46 >, 49 >, 575,600.625; V.*7,p. 40, 173, 200,
by Ene under
280,SOS, lease.
358, 3S3, 409.)
Gross earnings in 1877 were $233,438. Bonds
ing is a comparison of earnings, <fcc.. for five
—

Gross

Net

Funded

yea s:
Cost of r’d

Receipts. Receipts.
Debt.
&equip’t.
1876-7. $28,57 *,085 $11,63 J,«24 $40,335,415 $99,142,408

1875-6
1874-5.
1873-4
1872-3
.

.

.

28,046,588
i.9,027,218
81,690,386

11,922,417
11,765,111
13,262,089

29,126,851

11,484.863




40.4)1,263 97,822,811
40,003,667 96,355.774
38,484,742 92,506,503

27,725,533 78,014,954

.

N. Y. & N. England. Formerly Bost. Hartf. & E.
Conveyed to the new company in July. 1875. Net
income, 1376-7, $>30, 5 ‘. (V. 25, p. 590; V. 26,-p.

bf, 445; V- 27, p. 304, o58, 409.)
New York, New Haven &
Hartford.—Net, income
above interest charges,
#l,60i,683. (V. 24, p.
63; V. 25, p. 640; V. 26, p. 290.)

dueinla78

were

paid

or extended

at 6 per

cent
interest. (V. 26, p. 600.)
Northern Padjle.—Sold in foreclosure
12,1875,
and pref. stock issued to bondholders Aug.
at the rate
of $1,400 for each $1,000 bond.
This stock is ex¬
changeable for land at its par value. < ’ornrnon stocit
issued is $13.95>.500. (V. 25
p. 307, 47d, 619; V. *6.
p. 18, 445, 519; V. 27, p. 173, 2.0,332, 355.)

•

October 26,

RAILROAD

1878.J

Subscribers will confer

a

STOCKS

great favor by giving

immediate

AND

BONDS.

notice of any error

discovered

In these Tables.

DESCRIPTION.
Miles Date Size, or
For explanation of column
headings, &c., see notes
of
of
Par
at the head of first page of tables.
Road. Bonds. Value.
Norwich dk Worcester—Stock
New bonds, coupon
•Qfdensbura dk Lake Champlain—Stock
Preferred stock

66
122
122

*

Equipment bonds

Income and funded debt bonds
1st consolidated mort. ($3,478,000 are
Consolidated mortgage, sterling
2d consolidated sinking fund

s.

....

118
393
393
148
393
393
393

f.)

mortgage
Debenture sinking fund bonds (for
$1,000,000)...
Spring. Div. (Sp.&Hl. SE.) IstM. (for $3,000,000).

Bonds
Bonds
Bonds
Bonds
Bonds
Omaha dk Northw.—Land gr
gold bds (for

....

.

.

.

.

^

....

-

Oi'ange dk Newark—1st mortgage

....

....

$640,000)

40
9
200

Oregon dk California—1st mortgage
Os

xego dk Rome—1st mortgage guaranteed
Income mortgage bonds
Oswego dk Syracuse—Stock, 9 per cent guar

....

35
35

Consol, mortgage (guar. D. L. &
W.)
Paducah dk Elizabethtown—1st

....

mortgage

186
2d mortgage, income
186
Panama—Stock
47
General mortgage, sterling,
(£1,000,000)
47
Paris dk Danville.—1st
mortgage, gold, sinking fund
103
Paris dk Decatur, (Ills.)—1st
mort., g’d, sink. f’d.^...
75
Pekin, Lincoln dk Decatur—1st mortgage...
67
Pennsylvania—Stock
1669
1st mortgage
*
355
Gen. M., Ph. to Pitts., coup., J. &
J.; reg., A. & O.
State lien (pay’ble in annual inst’lm’ts of
$460,000)
Consol. M., coup. J. & D., &
reg. Q.—M. <s. f. 1 p. c.)
Navy Yard bonds, reg
Car Trust bonds (sinking fund 10
per cent)

8
8
6

1,000
£200

1,000
1,000
1,000
■

1,000

1,000
1,000
1,000

50
5S&64 500 <fec.
1876
1,000
1877
1,000
1877
1,000
100
1867
£200
1873
1,000
1872
500
1871
1,000
50
'

.

.

.

....

1,000
1,000

1870

....

....

Pennsylvania Co.—Common

Preferred stock
1st mortgage, s. f., (held
by

stock

39
39
105
105
46

1st mort. bonds (payable
$25,000 yearly)
2d mortgage
Philadelphia dk Balt. Central— 1st mort. (Pa)
.

2d mortgage (Pa.)
1st mortgage (Aid.)

gold (for

$20,000,000),

guar

(Extended in 1877.)...

Norwich & Worcester.— Leased

1,000
1,000
100

1859
1869
1866

500 &c.

1,000
100

©

s»

1857
1861
1868
1869

287
287
287

1843-9
1857
1836

779

1843

779

1867
1868
1868

.

.

£

1,320,400
124,000
338,000
216,000

1,200,000
7,000,000
3,905,000
2,500,000
1,200,000
1,076,000
68,870,200
4,970,000
19,999,760
4,572.110
29,250,000
1,000,000
3,000,000
8,000,000
7,000,000
1,500,000

1,000
1,000
1,000

1,000
50
50

1,000
1,000
£100
£500

1,000
100 &c.

1,000

519,000

1,500,000
1,500,000
1,200,000

1,000,000
1,000,000

1,200,000

100 &c.
100 &c.
100 &c.
50
50

....

779
779
779

350,000
200,000

621,000

1,000
100

779

February, 1869, to
& Erie for 100 years at lo
per cent
per annum on cost. Dividends paid of 10
per cent
per annum. Gross receipts in
1876-7, $717,012: net
$264,795. (V. 21, p. 590; V. 23, p. 548.)
Boston, Hartford

36

(?)

546,000
10,950,000

1,083,000
.

,

40

.

mortgage

m

1,000
1,000

.

1864
1870
1867
1873

....

do

.

1,100,000
1,450,000

1,324,200
500,000
300,000
800.000

400,000
300,000
6,053,700
2,400,000
976,000
5,000,000
3,000,000
8,680,000
32,726.375
1,551,800
1,510,500
79,000
182,400

When

Payable

Bonds—Princi¬
pal, When Due.
Where Payable, and by
Stocks—Last
Whom.

Dividend.

J. & J. New England Trust Co.
July 6, 1878
M. & S. Boston, N. E. Trust Co.
March 1, 1897
*
J. & J.
Boston, Office.
July 10,1876
A. & O.
do
Apr. 1, 1878
J. & J.
do
Jan., 1879
M. & 8.
do
Mar., 1890
J. & J.
do
1897

""34s

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

& S.
New York, Office.
Mar. 1, 1875
& 0.
do
do
April. 1, 1882
& J.
do
do
Jan. 1, 1898
6 g.
& J.
London.
Jan. 1, 1898
7
& 0.
New York, Office.
April, 1911
7
& N.
do
do
May 1, 1883
6
1st coup, due
Nov. 1, 1905
Nov., ’77
3
J. & J.
Boston, Office.
July 1, 1878
7
Various
do
1881
6
A. & O.
do
Oct. 1, 1880
7
M. & 8.
do
March, 1894
6
J. & D.
do
June 1,1895
6
M. & 8.
do
Sept. 1, 1896
6
F. & A.
do
Aug. 1, 1897
7*30 g. J. & J.
N. Y., Kountze Bros.
Jan., 1901
6
M. & N.
Newark, Office.
7 g. A. «fc 0.
Frankfort O. M.
April 1, 1890
7
M. & N. N.Y.,Farmers’ L.AT.Co.
May, 1915
7
F. & A.
do
do
Feb., 1891
F. & A. N. Y., Del., L. & W. RR.
Aug., 1878
7
M. & N.
do
do
1880 & 1885
7
M. & S.
do
do
1907
8
F. & A. N.Y., Treasurer’s Office.
Feb. 1,1897
7
do
April.
do
Feb. 1,1897
3
New York, Office.
Q.-J.
Nov. 1, 1878
7 g. A. & O.
London.
Oct.lO,1884-97
7
J. <fc J.
New York, Office.
Jan. 1, 1903
7 g. J. & J. New York and London.
July 1, 1892
F. & A. N. Y., T. W. & W. RR.
7
Feb., 1900
7
7

....

1*2

6
6
5
6
6
6 g.

3 000 000

....

mortgage, convertible
do
sterling
mortgage, sterling.
debenture

.

287

by Pa. R...

Mortgage loans inconvertible
do

.

83
83
38
38
82
82
82

10
common

dk Reading—Stock, common
Preferred stock

Loan
do
do
Loan
Loan
Loan

.

36

Preferred stock
1st mort., Sunbury& E. (extended 20
years in 'll).
1st mortgage ($3,000,000 are
sterling)
2d mortgage

Philadelphia

1877
1877
1873
1873
1866
1866

....

Petersburg—Stock

2d mort.,

.

50
50

Pennsylvania RR.)...
Reg, bds (for $3,200,000) sec. by P.F.W.&C.sp.st’k
Pennsylvania dk Delaware—1st mortgage
2d mortgage
Pennsylvania dk Neio York—1st mort., guar
1st mortgage, guaranteed
Peoria dk Bureau Valley—Stock
Peoria, Pekin dk Jacksonville—1st mortgage
2d mortgage
Perkiomen—1st mortgage
Consol, mort., gold, guar. P. & R.,
(sink, fund)

Philadelphia dk Erie—Stock,

1,00*0

1873
1875
1877

....

....

1,915,000
6,733,800
390,000
150,000
1,692,000
500,000

....

....

.

400,000

3,864,000
140,000

100
500 &c.

1870
1S65
1866

28*3

Mortgage bonds

154,000
392,000
446,000
20,000,000
4,030,000
174,000
6,545,850
112,000

1,000

.

1871
1860
1874
1875
1876
1877
1871

....

.

2,000,000

4

1,000
100
100

228
269

Old Colony—Stock
Bonds

3,077,000

1,000

1862
1868
1868
1871
1873
1874

$2,604,400

100
100

....

1869
1870
1877

Outstanding

Rate per
Cent.

5
6
2

1,000

....

....

Sinking fund bonds
Mortgage bonds for $600,000 (sinking fund)
Ohio dk Mississippi—Stock, common
Preferred stock (7
p. c. yearly, cumulative)

$100

1877

INTEREST OR DIVIDENDS.

Amount

3
6
6
7
7
7
7
4
7
7
6
6 g.
3
8
8
7
7
6

Q.-F.

J.

Philadelphia, Office.
do

do

Q.—J.

May 29, 1877
Jan., 1880

Philadelphia & London.
1910
A. & O.
Philadelphia.
Annually.
Q.-M. Philadelphia <fc London. June 15,1905

J. &

J.

A. & 0.
F. & A.

.

F.
A.
J.
J.
F.
J.
A.
A.
J.
J.

& A.
& O.

&
&
&
&
&
&
&

D.
D.
A.

Philadelphia, Office.

1881

Pittsburgh, Co.’s Office.

Oct., 1873

Philadelphia.
Philadelphia, Office.
do

do

Phila., B’k N. America.
do

do

N.Y.,Chic.,R. I.

& Pac.
J. N. Y., Imp. & Trad. B’k.
O.
do
do
O.
Phila., 227 8. 4th st.
D.
do
do
& J.
I. & J. N.Y., Lancaster, B.&Co.
do
do
J. & J.
Philadelphia, Office.
J. & J.
do
do
J. & J.
do
do

July 1,1903
July 1,1903
June 1, 1896
June, 1906
Aug., 1878
July 1, 1894
Oct. 1, 1900
Apr. 1, 1897
June 1, 1913
Jan., 1872
Jan., 1879-’9S
1902

....

.

4
7
6 & 6 g.
7
6 g.

& J.

.

.

Jan., 1879
Jan., 1900
Oct., 1891

.

J. & J.
A. & O.

....

Philadelphia, Pa.
do

A. & O.
J. & J.

'

RR.

do

....

Oct.

1, 1897

1,135,300

Phila., Pa. Life & T. Co. March 31,1881
do
do
J. & J. Philadelphia & London. July 1, 1888
July, 1920
2^3
Q.-J.
Philadelphia, Office.
Jan. 25,1876
3*2
do
Q.-J.
do
July 25,1876
J. & J,
6
do
do
July, 1880
6
J. & J.
do
do
July, 1886
5 g- J. & J.
London.
July, 1880
6
J, & J.
do
July, 1880
T. & J.
7
do
July 1, 1882
J. & J.
6

2,700,000

7

967,200
134,400

Paris & Danville.—Of these
bonds, $450,000 were
given for coal mines at Danville, which
are covered
(1,230 acres) by the mortgage. Was noticed for sale
Oct. 2, 1878, and postponed
to 23.
(V. 26, p. 592;

A. & O.

Philadelphia, Office.
do

do

July 1, 1893
Oct. 1, 1893

Pennsylvania dk Delaware.—The lease of this road
Pennsylvania Railroad was ratified in 1874.
Previously operated under temporary lease.
Pennsylvania cfe New York — Operated in close
connection with the
Lehigh Valley. Net earnings
1875-6,
to the

V. zl, p. 358.)
Ogdensburg dk Lake Champlain.—Leased in
Palis dk Decitur.—Consolidation.
1870, to Vermont Central, but lease failed andMarch,
$668,109. Dividend of 10 p*er cent paid on
Now Illinois
Midland. (V. 19, p. 351: V. 21,
erty reverted to owners April, 1S77. Gross prop¬
preferred stock of $3,500,000; common stock is
earn¬
p. 613.)
ings, 1877-8, $598,252; net earnings. $258,176.
Pekin
$1,061,700. (V.24, p. IlO.)
Lincoln & Decatur.—Leased to
(V. 85,
Toledo,
p. 39, 237, 433; V. 27, p. 14, 20o, 383.)
Wabash & Western. Sold in foreclosure June
Peoria <fe Bureau Valley.—Leased
10,
'perpetually to
Ohio & 'Mississippi.—There are also
Chicago, Rock Island & Pacific at $125,000 per year.
$97,000 of old 1876, and reorganized. In 1876-7 net earnings were
1st mortgage 7s, W. Div.,
yet out. The company $54,142. (V. 22, p. 247; V. 23, p. 10J ; V. 26, p.
Peoria Pekin cfe Jacksonvil'e.—In
purchased the Spriugfield Road, March,
year ending June
1875, for 2yi'.)
30, 1877, there was a deficit in earnings of
$2,000,000 in bonds secured on that road. Nov.
$2,518.
Pennsylvania.—The
17,
report
for
1877
is
given in V. 26,
Receiver appointed April, 1878.
1876, receivers were appointed, and afterwards Mr. p. 238, and shows
King was made sole receiver, tteceiver’s last re¬ 308 after paying all surplus net income, of $1,020.Perkiomen.—Leased to Philadelphia &
possible charges and Sl/2 per
Reading.
port in V. 2t>, p. 214.
Interest or. 1st mortgage cent dividends. In
Int. on consol, rno.tg., paid one-haif in
1874,
is paid about six months after
tcrip of P.
by
tne
of
the
report
it comes due. (V.
& R. Company.
Investigating
Committee, the liability as a guarantor
26, p. 135,192, 214, 265. 368, 392, 496, 523, .
25; V. of principal and interest was on $33,983,600 bonds;
Petersburg—Receiver appointed, May, 1877. (V.
27, p. 42, 143, 173, 281, 304, 384.)
annual liability additional, jn
guarantees of interest
26, p. 41, 523, 653.)
Old Colony.—Net income over
or rentals,
$13,862,319, and probably there has been
operating ex¬ no
Philadelphia cfe Baltimore CeiVral.—Operated for
penses and interest, $407,435 in
great change since. A scheme to
1876-7, a rainst
buy un the some time past in Pennsylvania by trustees of first
1875-6.
$4U6,835in
(V.23,p. 86, 5oO; V.25, p. 48*.) company’s guaranteed securities with $100,060 per mortgage bondholders.
Phil., Wu. & Balt, largely
month from
Omaha dk Northwest.—Some bonds and
earnings, and issue a
cent scrip to
interested. (V. 23, p. 526.)
coupons stockholders for the cash so used,4per
was adopted
exchanged for lands. Road to be sold in foreclosure.
by
stockholders on March 26, 1878. The
Philadelphia dk Erie.— Leased February, 1862, for
(V. 22, p. 79; V. 23, p 175; V. 27,
p 42.)
following is a
statement for two years

on

all lines east of

Pitts¬
default in 1873 com¬ burgh:
bondholders. Gross earnings
Gross
Net
1817, $785,373; net, $382,546. In 1877 about 3'67
per
cent was paid on bonds.
Earnings.
Earnings.
(V.
1877
24,
p.
421; V. 26, p. 358;
V. 27, p.358.)
$31,117,146
$10,134,417
1876 ....:
36,t91,0G0
12,834,385
Oswego dk Rome—Operated by the Rome, Water- (V. 26, p. 18, 95,
166, 217, 238, 26 5 277, 315, 420,
town & Ogdensburg at 8
per
cent
on $30J,000 stock,
549; V. 27, p. 42,
200, 304, 332, 384.)
and interest on first
mortgage bonds.
Pennsylvania Company.—'The Pennsylvania Com¬
Oswego dk, Syracuse.—Leased to Del. Lack, & West,
for interest on bonds
pany is a corporation distinct from the Penn. Rail¬
and 9 per cent on stock.
road, and operates all the leased lines west of Pitts¬
Paducah dk Elizabeth'own. —This road
organized
after sale of Louisvi le
The stock is owned by the Penn. Railroad.
Paducah & 8. W.; has bonds burg.
In 1877 the net income over
outstanding as above. Net earnings
interest, &c.,
1877-8, $58,067. was $385,095. and advances torentals,
tV. 26, p. 573.)
railroads charged off
$354,1)25.
The
Pmuwia.—Last statement, V. 26, p. 341. (V.
registered bands are secured by de¬
26, posit of $4,00J,00(fof Pitts., Fort
p. 217, 341, 625, 653.)
Wayne & Chicago

Oregon dk California—After

promise made with




,

‘special stock.

(V. 25, p. 281.)

999 years to Penn. Railroad, but without
any guar¬
antee of bonds. Gross
earnings. 1877, $3,172,992;
ne^i earnings, $1,123,365.
Net deficit after

interest, &r., $264 185. (V. 22, $>. 206; V.paying
24, p.
135, 248; V. 26, p. 166, 241.)
Philadelphia dk Reading.—The report for 1876-7, ia.
given at length inV^26, p. 65. President Gowen
reviews the year 1877, and
gives the facts bearing
upon the

Company’s financial condition and pros¬
The trustees of the general mortgage hold
the mortgage of the Coal & Iron
Company. In
March, 1877, propositions were made)said accepted,
by which holders of general mortgage bonds and
pects.

Perkiomen guaranteed bonds receive one-half their
coupons, for three years, in five-year 6 per cent
scrip; and holders of convertible and debenture
bonds take 6 per cent
scrip* in payment of their
coupons for five years,. The scrip is convertible

RAILROAD

xrvi
Subscribers will confer

a

BOND?.

[Vol. xxvn.

great favor by giving immediate notice of any error discovered in these Tables.

DESCRIPTION.
For

AND

STOCKS

Miles
Date
ot
of
Road. Bonds

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

[

INTEREST OR DIVIDENDS.

Size,

or
Par
Value.

Amount

Outstanding

Rate per
Cent.

When

Payable

[Where Payable, and by
Whom.

Bonds—Princi¬

pal, When Due.
Stocks—Last
Dividend.

Philadelphia A Reading—(Continued 1—

Consolidated mort., dollar loan, coupon or reg

779
779
779

do
do

do
do

gold, $ or £,coup
dollar loan, gold,coup, or reg
^
Debenture loan (convertible 1876-92), coup.
Improvem’t mort., $ or £, sink’g fund, coup
Gen. mort., $ and £ (sink, fund 1 p. e. yearly)
Income mortgage (for $10,000,000)
Debenture and guar, bonds, G per cent eur’ey scrip
Gen. mort. and Perkiomen G per cent stcr’g scrip
Coal & Iron Co., guar. mort. (for $30,000,000).
do
debentures, guaranteed
.....

745

1873
1874
1876
1877

750

Philadelphia A Trenton—Stock.
Philadelphia, Germantown A Norristoivn—St oek

1.49
10
149
200
200
117
33
4G8
4G8

Cnl. A. Newark Division bonds

Pittsburg, Ft. Wayne A Chicago—Stock, guar
Special improvement stock, guaranteed
1st mortgage (series A)
1st
1st
1st
let
1st

2d
2d
2d
2d
2d
2d
3d

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

do
do
do
do
do
do
do
do
do
do
do

D

468
468
468
468
468
468
468

Die

iv/

viut/i

*

468
468
468

Pittsburg, Ft. Wayne & C'liic. construction bonds.
Equipment bonds (renewed)..
Pittsb. Titusville A Buff.—1st mort. (W. & F.ltR.)—
1st mortgage (Oil Creek RR.)
i
let mortgage (Un. «fc Titusville RR.)
New mortgage (Pitts. T. <fc B.)
Funding income bonds (P. T. & B.)
Pittsb., Va. A Charleston— 1st mortgage, gold
Portland A Ogdensb.—1st mort., E. D., gold
New mortgage (for $3,300,000)
1st mortgage, Vermont Div., gold
Po"(h <£• Rochester— 1st mort., s. f. (Portl. loan) “A”.
1 at mnrtffafi'P.. annul lion

2d

do

(Portland loan) sinking fund, “BM.

Portland. Saco A Portsmouth—Stock
1st mortgage, gold
Port Royal (S. C.)—1st mortgage , convertible,

gold.

Portsmouth, Gt. F'alls A Conway--Stock
B3nds (not mort.) guaranteed by Eastern l!R..t..
Providence A Worcester—Stock..
First mortgage bonds
New bonds

Raleigh A Gaston—1st mortgage
Reading A Columbia—1st mortgage,

coupon

2d mortgage, coupon

Reading A Lehigh—1st mortgage (Berks Co. RR.)..
Rensselaer A Saratoga—Stock...
1st mortgage, consolidated (for $2,000,000)
Richmond A Danville—Stock
State sinking fund loan

10 <kc.
90 4re.

19,686,000
1,803,000
2,820,000
1,708,000

1,000

13,036,500

1858

500

1867

1,000
1,000
1,000
1,000
100 <fec.
£200

1,000
1,000
1,000
1,000
100
100
500 <fcc.
500 &c.
500 &c.
500 &c.
500 &c.
500 &c.
500 &c.
500 &c.
500 &c.
500 &c.
500 &c.
500 &c.
500 ike.

1871
1862
1862
1862
1862
1862
1862
1862
1862
1862
1862
1863
1862
1862
1857
1874
1865
18(52
1870
1876
1876

4G8
468

E
F
G
H
I
K
L
M

_

50
38
25
120
30
90

500 <fcc.
100 <fcc.
100 &c.

1,000
•

New general mort., gold (for $6,000,000)
Piedmont branch. 1st morterasre

1867
1874

Northwestern, N. C., 1st mort" guar..
Kick'd, Fredericksburg A Potomac—Bonds, ster
,

1,000
,

1873

Dollar loan

Coupon bonds of 1881

....

Gross earnings.. . $12,660,927
Op. expenses
... ' 8,130,159

$12,227,511 $1^,149.910
8,510,350
7,751,695

$4,530,76« $3,717,161 $4,391,217
(V. 25. p. 592. 641; V. 26, p. 65, 84, 166, 2.7, 316,
393, 445, 496, 575., 653; V. ~7, p. 122, 221, 332.)

Net earnings

Philadelphia & Trexton.—Leased to Pennsylvania
United New Jersey companies at 10
per cent on stock.
Railroad with

....

cent, on stock.

650,000
350,000

1,500,000
7,000,000
1,925,000
4,000,000
508,486

Philadelphia, Wilmington A Baltimore.—Net earn¬
ings, year ending Oct 31, 1877, $l,lr3,426, leaving a
■amlns income of $98,921 above payment of all
charges and 8 per cent dividends.
Last annual
report in V 26, p. 191.
(V. 25, p. 133.)
PUtsburg A OonnellsviVe.—On Jan. 1, 1876,

a

trans¬

fer was made bv City of Baltimore to Baltimore &
Ohio Railroad for $1,000,000, and the consolidated

mortgage made for £2,200,000, and guaranteed by
B. & O.

$406,418.

Grosa earnincs 1876-7, $1,388,434;

(V: 24,

p.

net

13 5.)

Pittsburg, Cincinnati A St. Louis.—This company
leases several roads and ie itself controlled by the
Pennsylvania Co., which holds a majority of the

capital stock. Common stock, $2,508,000; 1st pref.,
$2,928,600 ; 2d pref., $3,000,000. Gross earnings in
1877 of road proper

$3,097,962; net, $1,075,049;

sur-

})lus
on p.
interest, &c,.
Loss
leaded
ines, over
&c.. $433,926.
(V. $1302,141.
25. p. 619;
200,
Y. 26,
415, 496, 523; V. 27, p. 97, 2*00, 304, 409.)

Pittsburg, Fort Wayne A Chicago.—This road




3878,

on

was

6
6
6
6 g.
8
6*70
6 g.

6 & 7
8

the Oil

road. Sold in foreclosure
1875. Defaulted August,
consol, bonds. (V. 25, p. 39; V. 27, p. 137.)

Pittsburg Virginia A Charleston.—Ot these bonds

the

Pennsylvania Railroad
ings, 1877, $34,640.

owns

Oct. 9, 1878
Sept. 3, 1878
July 2, 1878
July, 1884

Nov., 1902

....

July, 1869, for 999 years, to Pennsyl¬
Railroad, at a rental equivalent to interest,
sinking fund of debt, and 7 per cent on $19,714,286
stock, which was increased at that tiihe from
$11 ,500,000. The lense was transferred subsequently
to the Pennsylvania Company.
The lessees to keep
the road in repair, and also pay taxes, expenses,
etc.
Pittsburg, Fort Wayne & Chicago leases the
Newcastle & Beaver Valley and the Lawrence roads:
which in turn are leased again by Pennsylvania Com¬
pany.
New stock of $5,6t9,327, issued to Penn.
Railroad for improvements, &c., is under article 16
of lease. Net earnings, 1877. $2,956,146; prolit to
lessee, $154,022. Sinking fund fc: o^nde amounts to
$2,157,755. (Y. 22, p. 588; V. 24, p. 5i6; V. 26.
p. 5:43.)
Pittsburgh Titusville A Buffalo.—This

1892 to '94
1892 -

&
&
&
&

J. ik J. N. Y., Nat. B’k Com’rce.
M. <te N. N. Y., Del.& H.Canal Co.

4
7

vania

Creek & Allegheny River
and re-organized Dec. 29.

July, 1882

....

658,000

.

Philnde’phla, Germantown A Norristown.—Leased
for 999 j ears to Philadelphia & Reading at 12 per

&

1, 1893
1, 1897
July 1, 1908
Dec. 1, 1896
July, 1882
Oct.

....

leased

was

J.
A.
A.
A.
J.
F.
J.
F.
A.

$500,000. Net

earn¬

Portland A Ogdensburg.—'The two <’brieioTis were
consolidated

March, 1875, as one company.
In
March, 1876. Company passed the interest on
its bonds, and funding proposals were offered. Re¬
ceiver appointed October, 1877. and foreclosure suit
is pendmg. Report of committee and plan of re
organization, V. 26, p. 575. (V. 25, p. 138, 298, 335,
408, 533, 592; V. 26, p. 41, 81, 94, 575.)
Poi'tland ft Rochester—Interest in

default, and
appointed in January, 1877.
The report
ending August 31, 1877, shows g oss earn¬
ings, $133,896; expenses, $111,820. (Y. 23, p. 354,
37T; V. 24, p. 170; V. 25, p. 333.)
receiver
for year

Portland, Saco ct Portsmouth—Leased March 18,
1871, to Eastern Mass. Railroad for 99 years at 10
per cent per annum; modified Dec., 1875, to 6 per

j

ifc J.
& J.
M. ik N.

Richmond, Office.

J

! J.

....

do

N. Y., City
do

Nat. Bank.
do

July 1, 1878
Nov., 1921
1880
Jan. 1, 1875
1878 to '90
m

m

m

m

1888
A. & O. New York or Richmond
,T. & J.
London.

Various
J. & J.

Richmond, Office.
do

1875
1875
issi-^o

cent for two years.

(V. 21, p. 372, 434, 592: V. 22, p.
568; V. 24, p. 445, 5*2.)
Pert Royal.—The Georgia Railroad guarantees
$500,000 of these bonds; sale i.n foreclosure was
made June 6, 1878, to Union Trust Co. f r $503,000.
(V. 25, p. 9u; V. 26, p. 95, 496, 654,)
Portsmouth, Great Falls A Conway.—Opened in
18?2, and leased to Eastern Railroad, Massachu¬
New 4# per cent bonds for *1,000,000
setts.
authorized, and new contract of lease. (V. 27, p.
15, s7, 115, 228.)
Providence A Worcester.—Net earnings year end¬
ing September 30, 1877, $239,695; notes payable,
$1,438,000.
Mortgage bonds for $2,000,000 au¬
thorized. (V. 23, p. 54 8; V. 25, p. 476; V. 26, p.

94.)

Raleigh & Gaston.—Net earnings 1817-8, $107,185,
(V. 27, p. 94.)

agaiast $85,749 in l»76-7.

Reading A Columbia.—This road is operated and
by the Philadelphia & Reading Railroad.
Floating debt, $1,093,494.
controlled

Reading A Lehigh.—This was the Berks County
road; sold out, and leased to Philadelphia &
Reading, March, 1875. for 99 years.
Foreclosure
suit, begun in Feb., 1818.
(V. 20, p. 63, 267; V. 26,
p. 266.)
Renmlaer A Saratoga—Leased May 1, 1871, to
Delaware & Hudson Canal Company, which pays in¬
terest on bonds and 8 per cent on stock.
(V. 25, p.
615.)
Richmond A Danville.—Gross earnings 1876-7,
This company leases the
Northi arolina Railroad and the Piedmont Railroad,
and controls the Char. Col. <fc Aug. The Penn.
Railroad took $1,000,000 of the new bonds. (V. 22,

$909,317; net, $292,591.

180; V. 24, p.298,370; V. 26, p. 115; V. 27,
4n9.)
Richmond, Fredericksburg A Potomac — Gross
earnings 1877-76, $367,969; expenses, $177,793; net
earnings, $190,175. (V. 23, p. 6 41; V. 27, p. 68, 85.)
p
p.

‘

Jan.

.

770,000
486,000
2,000,000
500,000
650,000

1,767,500
1,472,000
500,000
500,000
67,778
299,917
450,000

Philadelphia, Office.
Phila., Treasurer of Co.
J. <fc J. Philadelphia & Boston.

June, 1911
June, 1911
June, 1911

do
J.
do
O.
.do
do
April, 1887
O. Phil’delphia, Co.'s Office Oct. 1, 1892
0.
do
do
April 1, 1900
n
4
J. Balt., Balt. & Ohio RR.
July, 1898
6
& A. Pittsb., First Nat. Bank Aug. 1, 1882
6 g.
<fc J. London, J.S.Morgan&Co Jan. 1, 1926
7
& A. Phila., Pa. RR. Office.
Aug. 1, 1900
& O.
do
7
do
April 1, 1913
(.*
M’ntlily N. Y. Agent, 57 B’way.
May, 1884
7
J. & J. Phila., Pa. RR. Office.
Jan., 1890
1%
Q.-J. N. Y., Winslow, L. <k Co. Oct. 2, 1878
do
do
Oct. 1, 1878
1%
Q.-J.
7
do
J. & J.
do
July 1, 1912
do
7
F. & A.
do
July 1, 1912
7
M. & S.
do
do
July 1, 1912
7 •
A. & O.
do
do
July 1, 1912
M. & N.
7
do
do
July 1, 1912
7
J. & I>.
do
do
July 1, 1912
7
J. <fe J.
do
do
July 1, 1912
7
F. <k A.
do
do
July 1, 1912
M.
&
S.
do
7
do
July 1, 1912
A. & 0.
7
do
do
July 1, 1912
M. & N.
do
7
do
July 1, 1912
do
7
J. & D.
do
July 1, 1912
do
A. & O.
'
7
do
July 1, 1912
J. & J.
7
do
do
Jan. 1, 1887
M. & S.
8
do
do
Mch. 1, 1884
7
F. & A.
Feb. 1, 1896
Philadelphia, Office.
•
A. & O.
do
7
do
Apr. 1, 1882
7
J. & J.
do
do
July 1, 1890
F. & A.
do
do
7
Feb. 1, 1896
do
F. & A.
7
do
Feb. 1, 1896
7 g. A. & O.
Philadelphia.
April 1, 1902
6 g. J. & J. Boston, First Nat. Bank
Jan., 1900
do
do
6 g. M. <fc N.
Nov., 1901
6 g. M. & N. New York and Boston.
May, 1891
J. & J. Boston, Columbian B’k. July 1,. 1887
6
A. tk O.
do
do
7
Oct. 1, 1887
do
Various
do
6
Sept. 1, 1891
J. & J.
3
Boston, Office.
July 10, 1878
do
do
6 g.
7 g. M. ik N. New York and London. Nov. 1, 1889
J. & J. Best., Eastern RR. Co. July 15, 1873
3
J. «fc D.
do
do
6
Dee. 1, 1892
J. & J.
2
Providence, Office.
July 1, 1878
J. & J.
do
6
do
July 1, 1880
do
6
do
1897
7
•Tan., 1898
M. & S. N. Y., Union Nat. Bank. Mch. 1, 1882
7
J. ik I). Columbia, First Nat.B’k
7
June, 1884

124,200

142
49
29

Q.-J.
Q.—M.

3
4
6
6
6
6

1,000,000
1,500,000
580,000
500,000
1,155,000
315/933
1,583,000
800,000
1,577,960
2,300,000
700,000
350,000
450,000
1,500,000
500,000
2,500,000

lo

& D.
Philadelphia, Office.
<fc 1). Philadelphia ik London.
& I>.
Philadelphia, Office.
<fc J.
do
do
<k O. Philadelphia or London
& J. London & Philadelphia.
& D.
Philadelphia, Office.
do
J. & J.
do
J. & J. London & Philadelphia.
Various
do
do
M. & S.
Philadelphia, Office.

2^

1,259,100
2,231,900
11,561,250
265,000
1,000,000
700,000
800,000
4,000,000
326,600
6,500,000
6,222,000
2,500,000
3,000,000
775,000
19,714,285
5,669,327
875,000
875,000
875,000
875,000
875,000
875,000
860,000
860,000
860,000
860,000
860,000
860,000
2,000,000
100,000

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

1870
1871
80
100 ike.
1871
5212 1867-0 500 Ac,
;V>lo
500 ike
1870
500 Ac,
5212 1871
52
100
52
1876
1,000
111% 1869
100
71
71
500 &e.
1872
100
67
44
1870
1,000
1877
97
1873
100 eke.
39
1862
39
1864
1,000
41
ioo
181
79
1871
1,000
199
100

Bonds, guaranteed by State...
3d mortgage, consolidated, coupon or registered.

into income mortgage bonds. (See V. 24, p. 299 )
A comparison of statistics for three years is as
follows:
1S74-5.
1875-6.
1876-7.

968.000

1,731,000

1872-4
1875
1868
1859
1876
1868
1873
1864
1864

468

B
C

10,499,900
9,364,000

50
50

i

Plain bonds, loan
do
do
do
do
Pittsb. A Conncllsville.—1st mortgage
1st
do
Turtle Creek division
Consol, mort., guar. B. & O. (s. f. £7,200 pr. yr.)..
Pitts.. C. A St. L— lstm., cons, (for $10,000,000)
2d mortgage
1st mortgage, Steubenville & Ind., reorganized...

1,000
1,000
1,000

100

2G
34
112
95

Philadelphia, Wilmington A Baltimore—Stock
1st mortgage, convertible

6,999,000

1,000
1,000

1877
1872-4
1872

..

1,000

J.
J.
J.
J.
A.
J.
J.

7
6 g.
6 g.
7
6
d g7
6
6
7
7

$1,000 $10,049,000

1871
1871
1871
1873

,,

^

October 26,

RAILROAD STOCKS A\D BONDS.

1378.]

Nabicriben Will confer

a

great favor by giving immediate notice ot any
error discovered in these Taoles.

DESCRIPTION.
Miles Date Size, or
For explanation of column headings, Ae., see notes
of
of
Par
at the head of first page of tables.
Road. Bonds Value.
Richmond d Petersburg—1st mortgage, coupon
New mortgage
Rochester d State Line.—1st mortgage
Rome, Watertown d Ogdensburg—Stock
1st sinking fund mort., Wat. & R
General mortgage, sinking fund
2d mortgage
Consol, mort., convert, till July, ’79, coup

25
109
409

common

Equipment mortgage bonds
do

r

New general mortgage
:
Kt. Joseph d Western— 1st M. St. Joseph & Pacific..
Kansas & Nebraska, 1st mortgage ..
St. Louis, Alton d Terre Haute—Stock.
Preferred stock (7 per cent
yearly, cumulative)..
1st mortgage (series A) sinking fund.,
t;
b*- /
1st mortgage (series B) sinking fund..
g*B
o
2d mortgage, preferred (scries C)
2d mortgage, preferred (series D)
ft Jsaci-1 ')
2d mortgage, income
'.
g

%

6

Equipment mortgage...'

i

..,St Louis, Iren Mountain d Southern—Stock
1st mortgage, coupon...
2d mortgage, gold, coupon, may be registered—
Cons. M. gold (s. f. after 1880),coup., maybe reg.
Arkansas Branch, 1st mortgage, gold, land grant
Cairo Ark. & Texas, 1st mort., gold, conp or
reg.
Cairo & Fulton, 1st ir ort., gold, or road and land
■SI. L. Kansas City d N — Stock .($12,000,000
pref.)
1st mortgage (North Missouri)
Real estate and railway 2d mort
St L.d S.Francisco.—1st M. (So. Pac.), g., (I’d
grant)
2d mortgage bonds, A
do
do
B, gold.
-

do
do
C, gold
Land debentures
SI. Louis & Southeastern—1st M., gold. conv. s. fund
Consolidated mortgage, gold, sinking,fund
Evansville Henderson & Nashville, 1st mort
St. Louis Vandalia & Terre Haute— 1st M. s. f. guar
2d mort., sink, fund ($1,600,000 guar.)
St. Paul d DuOd/c-Preferred 7 per cent stock
Common stock
St. Paul d Pacific—First Division—
©
1st M., 10 miles, St. P. to St. Anthony
'

2d
3d

u
!

M., St. Taul to Watab. ($700,000)
M., land gr’t, St. P. to Watab. ($1,200,000)
Consol, land gr’t
do
($2,800,000)
1st M., St. Anthony to 150 miles west
2d M.,A 1st 1. g., St. A. to 150m. W.
($3,000,000;
3d M., 1. gi*. on 150m. W. of 8t. A. & 1st M. on

60m. more with 1. gr. ($6,000,000)
4tli M., St. P. to Breckeuridge, 2d on I’d
gr.,
a
150m. ($3,000,000)
St. Paul d Pacific— 1st mortgage bonds
St. Paul d Sioux G — Pref.stock,(Div. on
$475,000)
Common stock
a

Sjxginaw Valley d St. Louis.—1st mortg., coup
Sandusky Mansfield d Newark—Re-organized stock

1st mortgage.'new
Savannah d Charleston,—G. A S.„ guar, by S. C
Funded int. bonds, 8. & C. RR., guar, by S. Car...
1st mortgage, Savannah A Charleston RR
Savannah d Memphis— 1st mortgage

Schenectadyd Duan esburg—1st M., guar. D. A H
Schuylkill valley—Stock
Scioto Talley—1st mort. (s. fund $13,000 per year).
.

Seaboard d Roanoke—Stock
1st mortgage
..
!
Selma d Gulf— 1st mort., guar, by Alabama.
Selma Rome d Dalton—1st mortgage.
2d nvort', Alabama A Tenn. River RR
General mortgage for $5.000,000

Shamokin
1st

>..

mortgage, gold, on road and lands
Sheboygan d Fond du Lae—1st mortgage
1st mortgage extension.

1

>.

Richmond A Petersburg.-r-In July, 1878, 2 per cent
dividend made on stock of $1/08.60'. Gross earn¬

$47,271.

20, 1877. $127,116;
(V. 22, p. 15; V. 24, p. 62.)

.

4

.

293

.

..

.

.

210

420
98
158
158
156
156

net,

Rochester A State L%n°.—Bonds sold in N. Y.,
July, 1878. Road runs from Rochester, N. Y., to

1872
1876

100 Ac.
100 Ac,
100 Ac.
100

500,000

100

1,000
500 Ac.

1,000
1,000
500 Ac.

1,000

1867

1,000

1872

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

1874
1870
1872
1870

1865
1868
1876
1876
1876
1874
69-71
1872
1867
1867
1868

150
210
220

341g
116
116
101
....

101
60

14*2
11

98
80
80
40
100
100
28
28
78 L>

78

1,000
1,000

T874

1862
1862
1862
1865
1804
1864

140
121
121

14200
TOO

10
76
76
76
150

4,250,000
2,479,700

100 Ac.

100

525
354
354

366,007
975,107
1,000,000

1870

686
210
210
686
100
72
300

2,180,000
3,147,600

1870

1864
1864
1864
1864
1864
1870

.

....

Vafleif d Pottsvitle—Stork

ings year ending Sept.

.

.

$175,000

4,168,700
500,000

....

•

Outstanding

100
100
100 &c.

....

....

i'Sc'S I

1,000
1,000

1876

....

.

1872
1874
....

....

.

1861

100
100 &c.
500 Ac.

...

i—

1

500
100
500
500

Rate per When Where Payable, and
by
Cent.
Whom.
Payable

31,000

1,000

Ac.

Ac,
Ac.
Ac.

....

1,000
500 Ac.

1,000
1,000
1,000

1,000

^

,

F.
M.
M.
M.
J.
J.

A A.

1,100,000

10
7
7
7
7
7
7

g.
g.
g.
g.

g.

7
7
6 g.
6
2 Ac.
2 Ac.
10
7 g7 g.
7
7
7

7

1870
1871

1,000
1,000

1,500,000
15,000,000
2,081,800
2,400,000

7
7
2
8
8

.

.

.

50

.

500
100 Ac.
500

1,000
100 Ac.
50

....

1876
....

1851
1870
....

•

...

....

....

1871
1864
1871

1,050,356
2,301,000
505,000
111,800 |
500,000
2,423,000 i
500,000
576,050

1,000

500 Ac.

1,250,000
100
1,350,400
1,000
210,000
1,000
16,000 p. m.l
838,500 I
241,000 :
3,000,000 1
50
869,450 !
500 Ac.l
1,994,000 I
....

....

.

....

1,000
....

1

750,000 ;
850,000 1

0

St. Louis, Alton A Terre Haute.—The main line—
Terre Haute to E.St. Louis and Alton Branch—was
leased Jane, 1867, for 99 years, to IndianaD. & St. L.
at 30 per

cent of earnings (but $450,000 a minimum).’
This was guaranteed by tines other companies; see
V. 26, p. 614,654. In 1877,
gross earnings were $953,570, against $1,072,403 in ’76. The Belleville Br. and
Extension earned net in 1377, $131,540. Coupons
dne August, 1878. on 2d mort. bonds were passed.
(V. 26, p. 4IT, 614,625, 654; V. 27, p. 17, 140.)
St. Louis, lion Mountain A Southern.—There are
also 466-SOOO of Cairo & Fulton Income bonds.
Gross earnings, 1877, $4,500,422; net, $2,131,901. In
1875, the company funded three coupons on all
bonds except the old firsts, but when
coupons fell
doe Nov.. 1876, they were paid
only m part. Ha’f
nterest only is paid on the
mortg. bonds, except
he 1st mortg. 8t. L. A I. M., which is
paid in fait.




,

Nov. 1, 1902
19—
19—

New York.

Feb.

A A.

A
A
A
A
A
A

Y., Office 12 Wall st.
do
do
do
do
do

do
do
do
do
do

J.
J.
S.
J.
N.
N.
N.

S.
J.
D.
D.
A.
N.

or

London.
do

Co.’s Office.
do
do

do

foreclosure

Indianapolis,

by Columbus, Chicago & Indiana Central, and Pitts¬
burgh, Cincinnati A St, Louis. (V. 24, p. 110; V.

26, p. 165.)

St. Paul A Duluth.—This is the Lake
Superior A
Preferred stock is receiv¬
able for lands. Land
grant, about 1,609,600 acres.
(V. 27, p. 147.)
St. Paul A Pacific, First Division.—The 3d
mortg.
of $6,000,OJU has the additional
security of the

Mississippi reorganized.

$1,509,000 first mortgage bonds held by its trustees.
Interest in default since June, 1872, on all
the issues
except the first and second mortgages on Branch
Line, but certain payments made in May, 1877.
Suits of foreclosure arc in
progress, and the rail¬

1

1878

1894
1880

N.Y.,Office 20NassauRt

N. New York
O.
do
D. New York,
1).
do

i,

1894
1894
1894
1894

Aug. 1, 1892
May 1, 1897
April 1, 1914
Jupe 1, 1897
June 1, 1897
Jan. 1, 1891

N.Y., Nat Bk of Com’rce July 1, 1895

do
do
N. Y., Trask A Stone.
do
do
do
do
do
do
do
do
N. Y., G. Opdyke A Co.
do
do
do
do
N. Y., Third Nat. Bank.
do
do

N.Y.,J.S. KennedyA Co.

Sept. 1, 1904

July, 1888

Nor. 1, 1906
Nov. 1, 1906
Nov. 1, 1906
Jos. 1, 1884

Nov., 1894
Aug.. 1902
July 1, 1897

Jau. 1. 1897

M»/ 1, 1898

1891

M. A N.

do

1898

J.
J.

do
do

1900
1901

M.
F.
8
A.
7
J.
8
J.
7
A.
3
F.
7 g. J.
7
j J.
8
1 A.

7

The land grant amounts to some
1,000,'*00 acres.
1 he interest on bonds “ B ” and “ C ” is 2
per cent
for 2 years, 3 for 3 years, 4 for 1
year, 5 for 1 year,
and 6 afterward. In 1877
gross earnings were $1,373,943; net, $739,126, against $675,047 in 1876. (V.
24, p. 543; V. 25, p. 282, 457; V. 26, p. 24 1.)
St. Louis A Southeastern.—In hands of
receiver.
Annual report, V. 26, p. 263. (V. 23.
p. 549; V. 24,
p. 203, 322; V. 26, p. 203, 304; V.
27, p. 229.)
St. Louis, Vandaiia A Teri'e Haute.—The com.
stock is $2,383,315; pref.,
$1,451,700. This road is
leased to Terre Haute & Indianapolis at 30
per cent
of gross ear l ings. In 1877
gross earnings, $1,118,470.

Bonds guaranteed by Terre Haute &

Sept. 1, 1880

1892
1892
1892

J.
J.

31*

Rutland.—Formerly leased to Vermont Central,

but default made on rental, and lease annulled. (V.
25, p. 137; V. 27, p. 121, 253, 384.)
St. Joseph A Western.—'The St. Jo. and Denver
City was sold in foreclosure Nov., 1675, and re¬
organized. The land grant of 309,'00 acres is in
hands of trustees, for the benefit of the holders of
the land scrip of $2,250,000.
Gross earnings of
road in 1877, $537,°8«; operating expenses, $373,906;
rentals. Ac., and taxes, f 140,415. (V. *4, p. 322, 469;
Y. 26, p. 289.)

do

do
do
In default.
do
do
do

M.
J.
M.
M.

7

The net earnings have been
applied to floating debt
rather than to pay bonded interest. As to suit in
the U. S. Circuit Court of
Missouri, see V. 27, p.
£53, ,09.
(V. 26, p. 287, 342, 368, 625; V. 27, p.

of the Atlantic & Pacific, sold in

May 1,1880

do

A D.
A J.

M. A S. Charleston, 1st Nat. Bk.

2*2

Sept; 8, 1876. The Atlantic & Pacific was a consoli¬
dation, in 1870, of the Atlantic A Pac. and So.Pacific.

shows gross earnings in 1876-7 of $1,255,211; ex¬
penses, $912,134; net earnings, $343, 36. Default was
made ori coupons consol, bonds Apri, 1878. (Y. 22,
p. 493; V. 26. p. 334.)

Feb. 2,1875

do

....

Rome, Watertown A Ogdensburg —The last report

towards its construction.

do
do
do

St. Paul, Office.
Q.-J.
J. A J.
M. A N. New York, 9th Nat. Bk.
1st N. Bk., Sandusky, O.
J. A J. N. Y., Union Trust Co.

7
6
7
7
8 g.
6

358,384,409.)
St. Louis, Kansas
City A Northern.—Visit the stock
is prtf., 10
per cent yearly, but not cumulative.
Gross earnings in 1877, $3 147,173; net,
$1,250,773.
Floating debt partly retired with second mortgage
bonds. (V. 24, p. 90, 272; V. 26,
p. 68, 288, 471;
V. 27, p. 332.)
Sf. Louis A San Francisco— This is the
re-organi¬
zation

Salamanca, and Rochester City furnished $600,000

July 1,1904

m*

Q-J.

5,700,000

1869
1853
1868
1869
1870
1874

m

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

250 Ac.

'446,000

D<e. 1,1891
Jan. 1,1892

Boston, Treasurer.

A S.
A N.
A J.
A J.

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

1868

1,000

do
do
do

do

A
A
A
A
A

7

1872

do

do

F.
M.
A.
J.
J.
J.

1,700,000

100

D.
J.
O.

A J. N.
A O.
A A.
A N.
A N.
A S.

250 Ac.

....

May 1. 1915
Jnly 1, 1902
J. N. Y., Farm. L. A T. Co.
Joy 15,1875
S.
do
do
8e;pt. 1,1880

J.
A.
F.
M.
M.
M.

M.
J.
J.
J.
F.
M.

1,000

1980 to ’86

do
do
New York.

A N.

»

8
7
7
7
7

250 Ac.
250 Ac.

Richmond, Office.

N.
J.

ividend.

,

2
7
7
7
7
7

1,100,000

2,476,000
2,295,000
350,000
3,250,000
5,145,000
1,000,000
3,899,000
2,600,000
5,550,000
1,630,848

3Ljs

O.

s

^

2,468,400

7,194.500
293.200

A
A
A
A
A
A
A
A

7
8
8
7
7

1,900,000
1,900,000

1,400,000
1,400,000
1,700,000
300,000
21,028,761
4,000,000
5,927,000
4,428,000
2,500,000
1.500,000
8,000,000
244)00,000
6,000,000
3,000,000

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

S^tcks—Last

m

1,212,000
2,300,000

8
7
7
3
7
7
7
7

120,000
366,000
1,096,000
1,114,000
1,500,000

1,000

Ronds—Princi¬
pal. when Due

INTEREST OR DIVIDENDS.

Amount

....

1855

....

.

$1,000

....

97
190
190
360
120
120
120
120
120
115
115
207

Preferred stock
do

1870
1875
1878

....

.

Rutland—Stock,

xxvii

1894
1894

Oct., 1876
May 1, 1902
Oct. 1, 1875
July, 1902
March 1, 1877
Sept. 1, 1899
Jan. 1, 1889
May 1, 1890
Sept, 1, 1924
July, 1878
Jan. i; 3896
May 1, 1878
Aug.. 1880

A S.
New York.
A J.
do
A N. N.Y.,Lancaster, B.A Co.
A S. Del. A Hud. Canal Co.
A J.
Philadelphia, Office.
A J. N.Y., Winslow, L. A Co.
A N. Phil.,Townsend,W.ACo.
A A.
do
do
A O.
New York.
Jan. 1, 1890
A J.
New York, Office.
Jan. 1, 1872
A J.
do
do
Jan. 1, 1864
A O.
do
do
April 1, 1887
A A. Philadelphia,Treasurer.
Aug., 1878
A J.
do
do
July, 1901
A D.
N. Y., (In default.)
June, 1884
A O.
do
do
October. 1896

road has been in possession of the trustees under
the mortgage deeds.
An important

taking

negotiation for

up me bonds has bet-n consummated.

(V
25, p. 114, 154,408, 424, 458, 641; V. 26, p. 2o6, 816
342 420, 575; V. 27, p. 42. 68, 149.)
-

St. Paul A Paciiic —The road is in hands of Re¬
ceiver of U. S. Court, and the bonds are all held in
Holland. The mortgage is being foreclosed.
(V. 24.
p. 510; V. 26, p. 316, 342, 420, 436, 575; Y. 27, p. 42,
68, 149.)
St. Paul A Sioux (ity.—'This company has 727,766
acres of land unsold.
(V. 24, p. 298; V. 26, p. 548;
V, 27, p.171.)
Saginaw Valley A St. Louis.—Has a traffic guar¬

by Michigan Central. Net eurnings, 1877
$57,5IS. (V. 27, p. 304.)
Sandusky, Mansfield A Newark.— This road is
leased to the Central Ohio, and the lease
guaranteed
by Baltimore A Ohio. (Y. 19, p. 584; V. 26, p. 290.)
Savannah A Charleston.—Road in hands of receiv¬
er and decree of sale made.
(Y. 22, p. 615.)
Sav <nnah A Memphis —Defaulted after the crisis
of 1873. Net earnings, 1875-6, $16,118.
Sehenec'ady A Duanesburg.—Capital stock is
owned by the D.& H. Canal Co. .which runs the road.
Schuylkill Valley.—Leased to Philadelphia A Read¬
ing, with 5 per cent dividends.
antee

Scioto Valley.—This new road, from Columbus to
Portsmouth, reports gross earnings of $116,858, and
net $58,376, frcm March 5 to Dec. 31,1877.
Seaboard A Roanoke.— Net earnings year ending
March 1, 1878, $167,928. Report V. 21, p. 276.
Selma A Gulf- Interest in default. Foreclosure
sale pending.
(V. 24, p. 299; V. 25, p. 335, 593; Y<

27, p. 304.)
Selma, Rome A Dqlton

—

This was formerly the
Interest in default,

Alabama & Tennessee River,
and road to be sold.
Shamokin Valley A

(V. 24. p. 56b.)
Pottsvi'le.—Leased February,
1881, to Northern Central,at7per cent on bonds and
6 per cent on stock.
Sheboygan A Fond du Lap.—Defaulted 1873. Gross
earnings, 1877, $109,011; net, $12,204. (V. 84, p~
198, 345; Y. 26, p. 621.)

RAILROAD

XXVll)

Subscribers will confer

a

s

of fables.

Shenango d Alleghany—let mortgage.

Shore Line (Conn.)—Stock
1st mortgage, construction bonds...
Sioux Citu d Pacific—1st mortgage
2d mortgage (government subsidy)..
*

.

t

'1st mortgage, currency, for $2,100,000.
Somerset—1st mortgage, gold
South Carolina—Stock
1st mortgage, sterling loan
do
dollar bonds (L)
2d mortgage (for $3,000,000)
Domestic bonds (I)
Domestic bonds (K)

Sterling rnort.,

s.

.

.

32
50
50
105

or
Par

Value.

1809
1805
1808

122

242
242
242

1871
1871
1871

1,000
1,000

i868

Various

.

Southern Central (N. Y.)—1st mortgage

Southern Pacific (Cal.)—1st inort., gold, land gr...
Southern Pennsylvania—1st mortgage, gold
Southwestern (Ga.)—Stock, guarant’d7 per anuun

Company bonds, convertible into stock at par...
Spartanburgd Asheville—1st mortgage, gold
Springfield Athol d N. E.—1st mortgage
Sterling Mountain (K. Y.)—1st mortgage

Copperopolis—1st mort., (guar, by C. P.]

Syracuse Binghamton d N. Y.—Stock
2d mortgage (now first)

Consol, mortgage (guar. D. L. A W.)
Summit Branch (Pa.)— Stock
1st mortgage bonds
Terre llaute d Indianapolis—Stook
V
1st mortgage
Bonds ot 1873 (for $1,600,000)
Texas d X. Orleans of ’74—1st mortg. laudgr., coup
Texas d Pacific—1st mort., gold, coup. ($8,000 p.m.)
2d mort., consol., gold, coup. ($17,000 p. m.).
Income and land mort., reg. (7,600,000 acres)
Texas Western—(Narrow g.)—1st M., 1. gr., gold.
Toledo, Peoria d Warsaio— 1st mortgage (W. Div.)..
1st mortgage (E. Div.)
,
.

mortgage (W. Div.) convertible

$6,200,000)

7*2

1805
1875
1875
1807
1870

1,500,000

....

100 Ac.

1,000

50

400,000
448,000
350,000
500,000
2,004,000
270,000
1,750,000
4,125,000
800,000
1,988,150

1,000

800,000

1,000
500 Ac.
100

1,000
1,000
50
....

1875
1875
1875
1875
1870
1800
1804
1800
1870
1871

1,000
1,000
1,000
1,000
....

1,000
1,000

4

1,384,000

7
7
6

1,000

1,000
....

1,000

....

£200

sterling loan mortgage, sinking fund
do
do
do
dollar loan, mortgage
bond to State of New

do

....

....

Jersey...
fd. (£138,500).

Joint Co.’s mortgage, sterl’g, s.
do
plain bonds
do
do
do
consol, mort. (sink’g fund after 1880)
N. J. RR. A T. Co., 3d loan due State of N. J
Utah Central—Stock
1st mortgage, gold
Utah Southern— 1st mortgage, coupon
Utica d Black River—Stock
1st mortgage bonds of July, 1868

&

paid Oct.. Ic78
(V. 27, p. 96, 153, 274.)
Sioux City & St. Paul. — There are also $502,000 2d
bonds, $14*,00) equipment, and $186,600 in¬
Lands sold in 1^77, 40,664 acres. (V.
25, p. 212; V. 26. p. 290, 471, 4 9 4, 549, 567.)
morr.

bonds.

Somerset. —This road is leased to Maine Central.
South Carolina—Receiver

aopointed Sept., 1877.
earnings in 137:, $1,020, 664; operating ex¬
penses, $593,753; net earnings, $426.91'». A proposal
is made for concessions by xd mortg. bondholders.
(V. a6, p. 217, 342, 390, 418, 420, 471; V. 27, p. 42,
253,304.)
South & Xorlh Alabama —Operated by Louisv. &
Nashv., which holds a majority of the stock, and
guarantees the bonds and holds $1,000,000 of 2d
mortg. bonds. Pref. stock. $2,000,000.
Sou-hern of Long Island. - Leased to L. I. RR.
There are also $60,000 6 p. c. mortg. bonds on
Rockaway Branch. It is proposed to ‘‘scale” all
bonds except 1st South Side. (V. 26, p. 47i, 626,654;
Y. 27, p. 85.)
Gross

Southern Central.—Forms an extension into New
York Stite for Lehigh Va.ley, which company en¬
dorse* $400,000 of second mortgage bonds.
South Iowa d£ Cedar Rapids.—la progress. Ot¬
tumwa to Cedar Rapids. Ia.
Southern Minnesota.—Sold under 2d mortsraire and
re-organized March. 1877. There are yet out $220,000
o d lft mort. 7s (pink), due 1884. Land grant is about
1,790,000 acres. The construction mort. interest is

paid J. & J. at 7per cent, though originally A. A O.
at. 8 per cent.
(V. 24. p. 11, 198, 227; V. 25, p. 235,
408: V. 27, p. 67, 358.)
Southern Pacific {Cal.)—This road is controlled

3>j Central Pacific parties.




....

....

....

....

....

....

75
108
75
87

Great Western, and “ rental trust bonds ” issued.
Gross earnings 1875, $201,039; net, $114,699.
Shore Line.— Leased to New York & New Haven
at $100,0 ii per year.
Old stock was exchanged for
new in July, 1873.
Gross earnings, 1876-7, $341,371;
net. $49 8‘i9.
(V. 21, p. 63.)
S’oux City ck Pacific.—Div. of 3# on pref. stock

come

....

3012

Mortgage bonds, 2d issue
Shenango & Alleghany.—Leased to Atlantic

....

1,000

’00-7-8

1,000
100

....

:

1871
1871
1871
1871
1871
1871
1834-7

1,000
....

....

....

....

....

;

.

.

080,000
36,745,000
27,232,000
27,232,000
13.907,000
7,145,000
2,179,000
1,000,000
1,000,000
19,890,400
5,300,000
2,000,000
1,840,000
1,800,000
154,000
500,000

....

....

....

....

....

.

....

...

1870
1871

1,000
1,000
100

....

1808
1871

497,310

.

....

1802
1808

050,000

....

....

1,700,000
800,000

5,000,000
100,000
070,005
1,000,000
1,500,000
1,770,720
200,000
912,000

series A, B, C and D, of which

g.
g.

g.

g.
g.
g.

6 g.
0
8
7
8 g.
6 g6

2*2
g.
g.
g.

g.

now

to

530 miles

g.

A” includes $15,-

built.

The stock
In 1876-7 the gross earnings

paid in is $30,763,9* 0.
$^,553,005 gold, and net earnings, $1,823,830
gold. (V. 26, p. 209, 316; V. 27, p. 321, 409.)
South Pennsylvania.—This is a mining and RR Co ;
re-organized in 1872 after foreclosure under 2d mort.
The road is leased by the Cumberland Valley.
Southwestern Georgia.—Leased to Central Georgia.
Dividends 8 a year to every 10 per cent on Ct-ntral
Georgia stock, but 7 per year guaranteed. ‘‘Tri¬
partite” bonds issued; see Central Georgia.
Springfield, Athol d Northeastern.—(V. 24, p. 198.)
Sterling Mountain.—Cost of road and equipment,
$502,468. Net earnings 1872-3, $15,673.
were

Stockton fo Copperopo'is.—Defaulted
and old bonds of $1,000,000 exchanged

July, 1374,
for present.
(V. 21, p. 159. 160, 316.)
Syracuse, Binghamton & New York.—Operated by
Del. L. & W., and bonds guar, by that Co. Last
dividend ou stock (in 1875'4 per cent. (V. 26, p 316.)
Summit Branch.—This is a coal road, and leases
Lykens Valley. Net earnings in 1876, $151,685. (V.
25. p.113.)
Terre Haute & Indianap.—Net earnings in 1874-5,
$371,713; in 1875-6, $355,955: in 1876-7, $344,403.
Leases St. L. Van. & T. II. at 30p.c. gross earnings.
Texas & Neiv Orleans of 1874.—The company has
a l’dgr.of 875,000 acres timber and agricultural lands.
Texas fib Pacific.—Gross earnings, 1877-8, $2,331,310; operating expenses, $1,448,439; net earnings,
$882,871. Of old iand bonds $1 064,000 are yet, out,
and $:83.225 counons. (V. 25, p. 162, 210; V. 26,
p. 316; V. 27, p. 42, 149, 22 6, 384.)
Texas Western.—This narrow-gauge road is in
progress.
(See V. 23, p. 49, 152, 526.1
Toledo, Pemna & Warsaw.—Passed into receiver’s
hands February, 1874.
Foreclosure pending. In
1876-7. net earnings were $56,415. (W ‘<0, r. 68, 3:6,

The bonds are in 575; V. 27, p. 63, 409.)

A
A
A
A
A
A
A
A

O
J.
S.
J.
J.
N.
N.
J.

J.
J.
A.
A.
J.
J.
M.
M.
M.
M.
F.
M.
M.
J.
A.
M.
J.

J.
J.
0.
O.
J.
J.
N.
S.
N.
N.
A.
A S.
A N.
A J.
A O.
A S.
AD.

F.
J.
J.
A.

A A.
A J.
A J.
A 0.

Payable, and by
Whom.

Stocks—Last
Dividend.

N.
N.

Y\, N.Bk. of Com’rce. April 1,
H., Nat. N. H. Bank. July 5,
elo
do
Sept. 1,
N. y., Nat. Park Bank. Jan.
1,

1889
1878
1880
1898
n.S. Trpfls., at
maturity Jan. 1, 1898
N. Y., Metropol. N. Bk.
do
do
Nov., 1901
July, 1891
Charleston,S.W.RR Bk
May, 1871

A
A
A
A
A
A
A
A
A
A
A

London.
New York.
do

1878 to ’88
1878 to ’88
Oct. 1, 1902

Charleston.

April, 1891

do
N.

Y., Drexel, M. A Co.
London, Baring Bros.
Y., Gallatin Nat. B’k

N.

elo
do
N.

do

do

Y., Vermilye A Co.
do

do

N Y., Company’s Office.
N. Y., C. P. Huntington.

.880 and 1892
Jan. 1, 1890
Mar. 1, 1887

May 1,
Nov. 1,
Aug. 1,
Mar. 1,
May 1,

1900
1879
1899
1882
1900

1888

April 1, 1905
Mar. 1„ 1900

Savannah,Cent.RR. Ga. June 20,1878
Various
Macon
1886
J. A J. Charleston A New York.
Jan.1,1897
J. A J. Boston, Eliot Nat. Bank J
Tuly l,’83to '93
J. A J.
New York.
1885
J. A J. N Y., Central Pacific.
January, 1905
J. A D. N.Y.,D.L.AW.RR. Co. Dec.
15, 1875
J. AD.
do
elo
June, 1887
A. A O.
do
do
Oct. 1, 1906

Philadelphia A Boston. Aug. 16, 1876
Boston, N. Y. A Pliila.
N.Y.,Farmers L.A T.Co.
elo

do

•

Jan. 1, 1904

Aug. 5, 1878
July, 1879

1893
F. A A. New York, Co.’s Office*
Aug. 1, 1905
M. A S. Pliila., N.York ALondon J larch
1, 1905
J. A D.
do
do
June 1, 1905
July. New YorkA Pliilad’phia Jan. 1, 1915
J. A J. N.Y., Farm. L. A Tr.Co
F. A A. New York, Co.’s office.
Feb. 1, 1896
J. A D.
do
do
Dec. 1, 1894
A. A O.
elo
do
April 1, 1886
M. A N.
do
do
May 2, 1910
J. A D.
do
do
June 1, 1901
F. A A. Troy, Company’s Office.
Aug. 1, 1878
J. A J. N. Y., Nat. B’k of Coin.
1894
M. A S.
do
do
1882
.

Q.-J.

New York and Boston.
do
do
U.S. Treas., at maturity.
M. A S. New York and Boston.
A. A 0. New York and Boston.
A. A 0. London, L. A S. Fr. Bk.
M. A N. N. Y., Company’s Office.
U.S. Treas., at maturity.
Q.-J. Pliila. and N. Y. Offices.
M. A S.
Philadelphia, Office.
A. A 0.
do
do
M. A S.
London.
M. A S.
do
F. A A.
Philadelphia.
Due 90 days after demand.
F. A A.
London.
F. A A.
Philadelphia Office.
J. A D.
Princeton, N. J.
M. A N.
Philadelphia Office.
A. A 0. N. Y., B’k of Commerce.
J.

A J.

Oct. 1, 1878

....

1887

April, 1896

....

1880

Overdue.

(0

....

000,0o0, part in $500 bonds, all the others are $1,000
each. A sinking fund of $10 ),000 per annum begins
in 1882, and proceeds of land sales also go to pay
bonds. The land grant is 12,830 acres per mile,
and attaches

Bonds—Princi¬

pal, When Due

....

1*2

6
6
6
6
6
7
6
6
6
6
7
10
6
7
2
7
7

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

Q.-F.
g-

7
7
3
7
4
7
7
7
6 g.
6 g.
7
7 g.
7
7
7
7
7

1,000

250,000

g.

3^

1,009,000

100

....

....

1,000,000
1,300,000

g.

7
7 g.
7
7
5

100

....

....

....

0,459,000
10,000 p.m
1,800,000

7
4
7
6
6
7
8
7
1
5
6
7
7
6
8
0
7
7
■7
7
7
7
7
6
7

1,500,000

....

do
do
do
do

[VOL. XXVIL

Rate per■) When Where
Cent.
Payable

1,000
1,000

....

100
379

3,552,000
7,548,000

500 Ac.

....

2%
Troy Union—1st mortgage, guaranteed, Troj' City.
Union Pacific—Stock
1,042
1st mortgage, gold, on road and equipment
1,038 1800-9
2d
do
(government subsidy)
1874
3<t
do
on road (2d on land), sinking fund. 1,038
Land grant bonds on 10,764,947 acres
1807-9
Omaha bridge bds, st’g, (s.f. about $50,000 yrly).
1871
Union PacificCentral Branch—1st mort., gold
100
1800

2d mortgage (government subsidy)
United N. J. RR. d Canal Companies—Stock
General mortgage, gold, coupon
United Co.’s mortgage, sinking fund, registered.,

1,050,000

1,000

1874

....

800,000

....

....

....

399,000

100 Ac.
100 Ac.

1871

1873

35

025,000
3,892,300

100

1809

11012
11034
110i2

3,332,000

29,300,000

....

....

10G
444
444
444
50

1,500,000

500 Ac.

....

....

000,000

....

....

10
53

Convertible bonds

1,000

1,000

....

227

mortgage (Burlington Div.)
Troy d Boston—Stock
1st mortgage, consolidated

500 Ac.
500 Ac.
500 Ac.

1,200,500
1,007,500
03,500
391,000
5,211,810
750,000
1,500,000
405,050

....

30
81
81
81
20
20
113
73

1,051,500

500
100

1874
1809
1872
1870
1808
1875

1870

500^000

1,240,000
450,000
5,819,275
1,482,000

....

1807
1870

30
48 ^

$874,500
1,000,000
200,000
1,029,000
1,028,020

500

1800
1808
1870
1873

....

Outstanding

100

1808
1872

183
183
57
57
09
114
114
87
170
712
24
257

Amount

500 &c.
100
100 Ac.
500 Ac.
500 Ac.

....

....

mortgage S. Side (1st mortg. s. fund)
Mortgage bonds, Southern of L. I

1st

BONDS.

INTEREST OR DIVIDENDS.

Size,

of
Bonds

....

fund, guar, by L. A N

Consolidated mortgage (for

Date

....

.

2d

2d

Miles
of
Road

124
23

Southern of Long Island— 1st mortgage (S. Side)..

Stockton d

AND

great favor by giving immediate notice of any errors discovered In these Tables.

DESCRIPTION.
at head of first page

STOCKS

J.
J.
M.
J.
J.

A
A
A
A
A

J.
J.
S.
J.
J.

Salt Lake Citv.
N.

'

Y., Kountze Bros,

Utica.
Utica and New York.
do
do

July, 1878
July, 1891

Trou & Boston.—NtWh. leased roads forms a line
from Troy, N.Y., to North Adams, Mass. In
1875-76,
gross earnings were $566,539; operating expenses,
$293,334. There are SI 19,000 of old 1st and 2d

mortgage bonds yet outstanding.
Troy Union.—A short road in Troy city. Bonds
issued by city and guaranteed by several roads.
Union Pacific— Gross earnings in 1877 weie
$12,473,203, against $12,886,858 in 1876; net earn¬
ings. $7,1)9,782, against $7,618,647. In 1878 the
funding bill was passed in Congress; the C mrt of
Claims decided against the com jany as to the 5
per

cent of net
earnings; an important contract was
made with Kansas Pacific; the July dividend was
passed. Land sale?: to Aug. 13,1878, 1,567,672 acres,
for $6,966,333, of which 249,392 acres in
1878, for

$1,249,2 6. Land contracts Aug. 13, $3,609,467, cash
$469,035. Abstract of last reports V. 26, p. 241. (V.
24, p. 226, 591; V. 25, p. 408; V, 26, p. 241, 266,
368,471, 548, 592. 626, 654; V. 27, p. 42, 96, 97, 122,
149, 193, 229, 253, 274, 384.)
'
Union, Pacific Central
Atchison & Pike’s Peak.

Branch.—Formerly

the
Interest in default since

November, 1873.

Gross earnings 1875-76, $114,414;
$131,500. (V. 27, p. 96, 2o\ 274.)
United New Jersey Railroad fib Canal Companies.
—The Camden & Amboy Railroad and branches,
Delaware & Raritan Canal, and New Jersey Railroad
form the United Companies of New
Jersey. They
expenses,

were

leased to

at 10 per

bilities.

Pennsylvania Railroad, Oct. 20, 1871.

cent on stock and assumption of all lia¬
In 1877 the gross earnings were

$8,960,696;

income, $2,954,521, leaving a deficit for lessees
$1,433.1* 8 after paying interest and dividends.
(V. 24, p. 516; V. 25, p.349, 433, 458, 476; V. 26, p.
215,3‘U)
Utah Centra1.—Salt Lake to Ogden. >. In year end¬
ing April 30, 187(5, net earnings were $232,737, and
dividends amounting to 20 per cent were paid.
Utah Southern.—Gross earnings 1877, $278,652,
net. $149,731.
Stock is $1,500,000.
net

of

Utica

&

Black

River.—Gross-

receipts

1876-7,

$153,576; cxtv>usp<*. $233,566: net parnin"s. $220,010.
(V. 22, p. 207; V. 26, p. 141; Y. 27, p. 124)

October

KAILKOAD STOCKS AND BONDS.

26, 1878.]

Subscribers will coufer

a

great favor by giving immediate notice of any error discovered in these Tables.

DESCRIPTION.

TJtica Chenango d Susquehanna
Vermont d Canada—Stock

'98

Valley—Stock

....

-

....

2d mortgage, consolidated..
Equipment loans
Stanstead, S. & Cliambly bonds

....

....

....

Income and extension bonds (to pay float’g debt).
Vermont d Massachusetts—Stock
1st mortgage (sinking fund $7,000 per year)
Convertible bonds
do

$100

73

Bonds, guaranteed by Vermont Central
Missisquoi Railroad bonds
Vermont Central— 1st mortgage, consolidated

....

1871
1871
1866
1866
1866-9
1867
1872

77

1865
1869
1872
1866
1866
1866
1866
1871

80

do

....

140

2d series (blue endorsed)
3d
do (black endorsed)
4th do (not endorsed)

140
140

140

Special loan, funding mortgage

Wabash—Stock
1st mortgage (Toledo A Illinois)

mortgage (Lake Erie, Wabash & St. Louis)
1st mortgage (Great Western of 1859)
1st mortgage (Quincy A Toledo)

1st mortgage (Illinois & Southern Iowa)....
**d mortgage (Toledo A Wabash)
2d mortgage (Wabash A Western)
2d mortgage (Great Western of 1859)

Consol, mort., (on all but Decatur & E. St. L.)
1st mortgage, (Decatur A East St. Louis)
Funded debt bonds and scrip ($943,950 at 7)
Warden (N.J.)—Stock
2d mortgage
1st consol, mortgage

—

Mid. & Gt. South’n

Lynchburg & Danville, 1st mort.,

75

1853

167
180
33
29
75
167
180

1853

490

1867

109

1869

18
18

1855
1870
1875
1871
1855

41
138

-

116
44
160
90
90
90

90
90
57
28
4

188

Wilmington d Weldon—Stock
Sterling bonds

179
179

Income bonds

...

Sinkiug fund bonds, gold
Wisconsin Central— 1st mortgage, gold, land grant.
Worcester d Nashua—Stock
Bonds ($125,000 are 7 per cents)
Bonds
Bonds
Nashua <ss Rochester—Stock
do
do
1st m., guar,

325
94

:—

•

•

•

....

48
48

(for $700,000)

Utica Chenango & Susquehanna Valley.— Road is
leased to Del Lack. & West. Railroad at 6 per cent
per annum on stock.

Valley (Va.).—This road was built chiefly by sub¬
scription of Balt. & Ohio RR., Baltimore city, and
Virginia counties. Operation of the road by Balti¬
more & Ohio was discontinued, and temporary lease
made to Shenandoah Valley Railroad. (V. 20, p. 10,
453; V. 21, p. 390; V. 22, p. 463, 559, 591, 007.)
Veimont & Canada—Under lease to Vermont
Central. (V. 24, p. 421, 500; V. 25, p. 476, 641.)

Vermont Centra1.—In 1872 the Company went to
default on interest, and has since been in numerous
complications. A new corporation under the name
of Central Vermont was formed, with $2,000,090

paid-up capital, and assumed obligations of the old

Foreclosure pending on 2d mort¬
(V. 22, p. 110, 589; V. 23, p. 40, 370, 623; V.
413, 566; V. 25, p. 431.)

Vermort Central.

Vermont & Massachusetts.—This road is leased to
Fitchburg RR. Co. for 999 years, from Jan. 1,
1874, for interest on the debt and 5 percent on stock
till 1880, and 6 per cent for the remainder of the
lease, exclusive of all taxes.
the

VicJcsburg & Meridian.—Net earnings 1877-8,
$123,364. The only coupons paid s nce April, 1876,
were those maturing Jan., 1878, and the special loan
coupons of Jan., 1877. (V. 27, p. 67.)
Wabash.—This is the Toledo Wabash & Western
re-organized after the sale, June 10, 1876, under
consolidated gold mortgage of 1813. New litigation
commenced in May, 1878. There is a debt of #560,009 due the Equipment Company, payable $56,000
The “Seney” mort. included in funded
per year.
debt bonds is for $1,('00,000, payable $200,000 per
year. Operations for 1877 showed $4,585,914 gross
earnings, and net earnings of $1,060,398. (V. 25, p.

16,000,000
900,000

750,000
600,000
2,692,539
1,200,000
654,000
700,000
578,859
1,650,000

7
7

.1861
1866
1869
1873
1866

100
.

.

.

..

....

.

500 Ac.
....

100 Ac.
50
500 Ac.
500 Ac.
500 Ac.

1,000
....

1868

....

1870
1858

....

...

....

1867

„

.

-

1868
1870
1872
1863

1865

1,000
500 Ac.
100 Ac.

....

1870
1870

m

m

m

<*,

500 Ac.
100

....

....

....

....

....

....

....

1871

.

....

1873
1875
....

1874

...

.

100

....

•

....

7
8

217,400

3 A 7
3^3

....

....

1,180,600

3,015,950
1,800,000

1871

.....

7
7
7
7

100

....

....

150,000
703,500
850,000
145,000

J. A
J. A
J. A
J. A
J. A
A. A
J. A

2,700,000

90
90

7

1,000
1,000
1,000

1867
1873
1871

Wilmington, Columbia d Augusta— 1st mortgage...




1,000
100 Ac.
100 Ac.

200,000

1859

336

63
.*■

/

1,000

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

7
7
7
7

1860

38

-

•

500 Ac.

550,000

8
3
6

250 Ac.
100 Ac.

....

27
128
60

Western d Atlantic (Ga)—Income bonds
Western (Ala.)—1st mortgage (Mont. & W. P.)
Western RR. bonds, before consolidation
2d mort.. guar, by Cent, of Ga. and Ga. RR. A B. Co.
Western Maryland— 1st mort., endorsed Balt. City..
1st mortgage, unendorsed^
2d
do
endorsed by Baltimore
2d
do
endorsed by
Wasnin^ton County ..
2d preferred mortgage, unendorsed
3d mortgage, guaranteed by Baltimore
for Baltimore City stock
4th
do
Western Pennsylvania—1st mortgage
1st mortgage, Pittsburg Branch
General mortgage
Williamston d Tarooro—1st mortgage

p.

1,000

•

1858
1858

1858

....

Camden & Amboy..

Cape May & Millville

do

100
100 Ac.
500

8
7

M. A N. N. Y., D. L. A W. RR.
J. A D. Boston, E. Blake A Co.
J. A J. Boston,Nat.Bk.of Redm
J. A J. Boston, Globe Nat. Bk.
M. A N. Boston,Nat.Bk of Redm
J. A D.
do
do
M. A N.
do
do
J. A J.
do
do

1862

....

65*2

guar., coup

Westchester d Philadelphia—Preferred stock
1st mortgage, new

do

1,000

3
4
8
7
7
7

3,000,000
1,500,000
500,000
3,000,000
1,500,000
1,500,000
444,100
1,508,600
2,860,000

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

1863
1865

18
310

Washington City, Va. Mid. & Gt. Southern—Stock...
2d mortgage, O. A A. RR
1st and 3d mortgage, O. & A. RR

West Jersey—Stock
Loan of 1883, guaranteed by
1st mortgage loan
1st
do
consolidated

100 Ac.
500 Ac.
100 Ac.

....

-

4tli mortgage, O. A A. RR
Funded interest, O. A A. RR
1st mortgage, O., A. & M. RR
Gen. mort., gold, Wash. C., Va.

500 Ac.
500 Ac.
100 Ac.

049

1st

$4,000,000

....

80

Vicksburg d Meridian—1st series (red endorsed)

24,

Bonds—Princi¬

INTEREST OR DIVIDENDS.

Miles Date Size, or
pal, When Due*
Amount
of
explanation of column headings, Ac., see notes
of
Par
Rate per When Where Payable, and
by Stocks—Last
at tlie head of first page of tables.
Road. Bonds. Value. Outstanding
Cent.
Whom.
Payable
Dividend.

For

gage.

XXIX

.

.

^

m

ra

^

....

500 Ac.

7
7
7
7
7

2,500,000
2,495,000
500,000
300,000

1,000,000
1,500,000
2,500,000
2,610,000

7

6

6 A 8
8
7
7 g.

1,500,000
526,500
821,300
1,100,000
1,359,750
400,000
1,000,000
1,000,000
500,000
920,000
750,000
600,000
1,200,000
200,000
400,000
300,000
300,000
600,000
875,000
1,000,000
800,000
1,000,000
1,200,000
350,000

4
7
3
6
6
7
r*

July 1, 1891
Jan. 1, 1891
Nov. 1, 1886
1891
1876 to 1889
Jan. 1, 1887
1902
Oct. 7, 1878

*

do

do

Boston, Office.
do

do

do
do

do

do

July 1, 1888
July 1, 1879
July 1. 1885
J. Phila
Girard Nat. B’k. Jan. 1, 1890
J.
do
do
Jan. 1, 1890
J. Phila., Girard Nat. B’k. Jan. 1, 1890
0.
do
do
Jan. 1, 1890
J.
J.

,

J.

do

F. A A. N.
F. A A.
F. A A.

do

1880

Y., Metropolitan B’k. Aug. 1, 1890
do

do
do

M. A N.
F.

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

do

-

do
do
do
do
do

Q.-F.
F. A A.

do
do
do
do
do
do
do
do
do

Aug. 1, 1890

Aug., 1888
1890
Aug. 1, 1882
Nov. 1,

Nov. 1. 1878
Nov. 1, 1878

May 1, 1893
Feb., 1907
Aug., 1889

A. A O. N.Y., Del., L. A W. RR.
A. A 0.
do
do
M. A S.
do
do

April, 1878

J. A J. Balt., R. Garrett A Sons
M. A N.
do
do
M. A S.
do
do

Jan. 1, 1875
May 1, 1873
Sept. 1, 1880

*

J. A J. Balt., R. Garrett A Sons
M. A N.
do
do
A. A 0.
do
do
J. A J.
Philadelpbia, Office.
A. A O.
do
do
F. A A. Phila.—Pa. RRCo. Office
M. A S.
do
do
J. A J.
do
do
A. A O.
do
do

1900
1905

Mcli. 1, 1882

May 1, 1903
April 1, 1896
July 10,1878April 1, 1891
Aug. 15, 1877
Mcli., 1883
Jan., 1896
Oct., 1890

i

10
8
8
8
6
6
6
6
6
6
6
6
6
7
8

3,200.000
600,000
1,456,200
648,700
221,400
749,000
8,250,000
1,789,800
350,000
250,000
400,000
1,185,000
700,000

Nov. 1, 1878
June 1, 1872

Q-J.

J.
A.
A.
J.
J.
J.
J.
J.
J.
J.

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

7

J.

3*2
6
7
7
7
2

,

gg.
g.
g.

6 A 7
7
7
3
6

64, 89; V. 26, p. 2 1 5 , 445,471, 496,524, 549, 592,
626; V. 27, p. 17, 68.)
Warren (N. J.).—Leased to Delaware, Lackawanna
& Western at 7 per cent on stock and bonds. Net

earnings in 1875, $241,056.

Atlanta, Co.’s Office.

Oct. ’77 to ’91

J. New York A Savannah.
O.
do
do
O.
do
do
J. Balt., N. Mechanics’ B’k
J.
do
do
J.
do
do
J.
Hagerstown.
J. Balt.,N. Mechanics’ B’k
J.
do
do
J.
do
do
O.
Philadelphia, Office.
J.
do
do
O.
do
do
N. New York, J. M Pickrell
A D. Balt., Safe Deposit Co.

J. A D.
J. A J.
London.
M. A N.
do
J. A J. N. Y., Nat. B’k Republic
J. A J.
Boston, Office.
J. A J.
Worcester, Oliice.
Various
do
do
A. A O. Bost., Globe Nat. Bank.
F. A A.
do
do
A. A O.
Worcester Office.
A. A O. Bost., Globe Nat. Bank.

July, ’78 A ’81
Oct. 1, 1888
Oct. 1, 1890
Jan. 1, 1890
Jan. 1, 1890
Jan., 1890
Jan., 1890
Jan., 1895
Jan., 1900
Jan., 1902
April 1, 1893
Jan. 1, 1896
Oct. 1, 1901
May 1, 1900
June, 1900
June, 1877
1881
1886
'

1896

July 1, 1901
July 1, 1876
1881 A 1887

April 1, 1893
Feb. 1, 1895
April, 1878April 1, 1894

payment

was made of coupons due
July, 1873
January, 1874, in January, 1877. The July 1877,
interest ou unendorsed bonds was not
paid till
January, 1878. Annual report for last fiscal year, to
September 30, 1878. showed gross receipts, $347,201;

and

expenses, $217,275; net receipts, $129,926.

(V. 25,

Washington City, Virgin;a Midland & Great South¬ p. 41, 298, 4 u6; V. 26, p. 84, 471; V. 27, p. 406.)
ern.—Gross, earnings year ending Sept. 30,
1875,
Western Pennsylvania.—The
Pennsylvania RR.,
$1,033,980; expenses, $672,367; net earnings, $401,
lessee, owns $972,650 stock out of the total amount
612.
The company has been assisted
The

by Balt. A O.
placed together, were
6s, and $600,000 3d 8s,

1st and 3a mortgages,

originally $400,000 1st

of which have been

some

exchanged for general

mortgage bonds, but are deposited in escrow only.
The president, Mr. John S. Barbour, was
appointed
receiver in July, 1876.
Inteiest in default, but re¬
ceiver ordered o make certaia
payments. See V.
25. p. 41. (V. 22, p. 15, 591; V. 2-4,
p. 550; V. 27,
p. 332.)
Westchester & Philadelphia.—Gross earnings, 187677, $332,274; net, $112,964. (V. 22, p. 304; V. 24,
p. 62; V. 2b, p. 116.)
West

Jersey— Gross earnings, 1877, $595,025;

penses, $391,430; net,
interest and rentals,

26,

p.

263.)

ex¬

$203,594. Net profit above
$10,358. (V. 24, d. 249; V.

#1,022.450. $148,000 of branch bonds, anu i.11 of
$1,200,000 general mortgage bonds; net earning®
1876, $225,498. (V. 22, p. 206.)
WiMamston. &

recent financial

136.)

Western Alabama.—Sold in
foreclosure, April 19,
1875, aud bought by Central Ga. and Georgia Rail¬
roads, for whose account it is operated. (V. 20, p.
398, 405, 445; V. 25, p. 456.)

Western Maryland.—This

company was largely as¬
sisted by the city of Baltimore, which has also
bought its overdue coupons. The bonds remain¬
ing in default for interest to their holders were
the second preferred
unendorsed, and on

those

Tarboro.—Road in progress.

information.

No

Wilmington Columbia & Augusta.—In 1875-6
earnings were $116,633 net. There are certificates
of indebtedness for $336,000.
368, 393; V. 27, p. 68.)

*V- 22,

p.

15; V. 26,

p.

’ F

Wilmington & Weldon.—Formerly leased to Wil¬
mington, Columbia A Augusta road, but in Dec.,
1877*. default was made by lessee and property
reverted. (V. 22, p. 16; V. 26,
p. 68, 420, 496.)
Wisconsin

Central.—Defaulted July,

funded 9 coupons.

Western & Atlantic—This road is owned
by State
of Georgia, and leased at
$300,000 per annum.
Lessees have issued the income bonds. (V. 22. d.

_

of

Afterwards built

a

1875, and
considerable

length of road. In yeur ending Sept. 30,1*76, gros#
earnings were $709,935; expenses. $412,201; net
earnings, $297,733.'^ Paid rent of Mil. A North¬
ern
RR., leased, $167,404. Land grant is over
800,000 acres. The Philips A Colby Construction,
Company operating this road became embatrassed
in Dec. 1:77.
Foreclosure suit beguu September.
1878.
(V. 23, p. 478; V. 26, p. 18; V. 2t, p.
358^

375.)

Worcester & Nashua.—Guarantees the stock
and
bonds of Nashua A
Rochester, leased. For jrear
ending September 30, 1877, gross income was
$528,883, and expenses, including interest and
rental, $524,301. (V. 22, p. 545; V. 24, p.
158; V. 25,
p. 430.)

CANAL STOCKS AND BONDS.

yxx

[Vol. XXVII.

-c

Subscribers will confer

a

great favor by giving Immediate notice of any error discovered in these Tables.

DESCRIPTION.

Bonds—Princi¬
INTEREST dR DIVIDENDS.
Miles Date Size, or
pal, When Due
Amount
For explanation of column headings, <fcc., see notes
of
of
Par
Rate per When Where Payable, and by
Stocks—Last
At the head of tirst page of tables.
Canal. Bonds. Value. Outstanding
Cent.
Whom.
Payable
Dividend.

Chesapeake d■ Delaware—Stock
1st mortgage (originally $2,800,000)
Chesapeake <£• Ohio—Stock
Maryland loan, sinking fund

14
14
....

con v.t coup.,

148

;

....

gold (assumed L. & W. Coal Co)

1st mortgage, registered
1st mortgage, registered, railroad
Mort. loan, g. ($2,310,000 assumed C. RR. of N. J.)
Loan
_

Loan extension, convertible till December, 1877.
Consolidated mortgage loan
Greenwood mortgage, reg.
Extended, 1877

Monongahcla Navigation (Jo.—Stock

Moi't'is—Stock, Consolidated

Preferred stoeftW
New mortgage (for $1,000,000)
Boat loan
Preferred stock scrip dividend

....

;

common

car

50
100

....

....

1869
1871

....

....

....

....

....

....

....

....

....

....

1,000
1,000
1,000
1000&C
50

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

1872
1871
1872

....

....

....

83
103
103
103
103

1,000
....

....

50
100

....

....

100

....

1876
1865
1869

•

1,000

1,000
various.
various.
50

....

1870

1,000
50
50

....

1,000
1,000

....

....

1870
1863
1864

1,000
1,000
1,000

45

50
1839
1859
1841-4
1872

....

....

bonds of 1872

....

"

-

.

.

.

....

85

Chesapeake ADelaware— Delaware City to Cfcesajpeake City, Md. (V. 27. p. 66).
Chesapeake A Ohio.—Gross receipts, 1875, $473,210;
.qet, $251,175. Paid on bonds, $2i3,940. (V. §54, p.
*69.)

$2,078,038
1,993,750
8,229,594
2,000,000
4,375,000
1,699,500
1,633,350
800,000
20,000,000
1,482,000
3,500,000
6,434,000
4,750,000

3

6
6
5
6
4
6
4
7
7
7
7
7

11,193,550
771,000

1^

Ss-

5,381,963
2,000,000

6
6 £■
6
6
7
7
4

4,658,500
508,520
41,550
1,369,259
717,000
1,004,300

1,025,000

o

1,175,000
780,000
220,000
103,164
4,480,405
3,000,000
909,236

r>
7
7
7

6
70c.

3,175,900

$1 40

1,709,380
3,990,392
1,200,000
260,000
756,650
628,100
2,002,746
1,000,000
1,320,000
325,310
250,000

6
6
6
6
6
7

*6*
6
6
7
6

3.000.000

Lehigh Coal A Navigation.—Gross receipts In 1877,
$994,6-5; expenses and int., $1,189,321; excess of
the latter, $1114,655.
The Central R.R. of N. J.
assumes

(in purchase of

stock

Del. A Hudson Canal.— This Co., which is among
|be largest miners and carriers o? coal, leases the Aib.

quipment), $2,310,000 of
gold loan due 1897, and leases the Lehigh &
The Lehigh & WilkesSusquehanna Raihoad
Barre Coal Co. assumes $500,000 of the gold loan
due 1S97, and *711,000 (all) of the convertible gold
«

Also endorses

bonds of N. Y. & Canada RR. The annual report for
|87 i is given in V. 2d, p. 208 and p §42; and com
jnittee’s report. V. 25, p. 161. (V. 24. p 179. 227,
444; V. 25, p. 161, 615; V. 26, p. 208, 242, 495 561,

loan due 1S.94, and bas also leased
of the company. (V. 22, p. 219;

445; V, 25,

p.

4i2.)

tbe coal

V. 24,

J.
J.

....

the

Delaware Div.—Leased to Lehgh Coal & Naviga¬
tion Co., at interest on bonds, ana 8 per cent a year

&gueq. and Renss. & Sar. Railroads.

•

....

....

TTnion—1st mortgage




....

•

....

153

....

Maryland loan, 2d mortgage
Susquehanna Canal, common bonds, 3d mort
do
pref., 3d. T. W. priority b'ds..

574, 599.)

....

1877

....

S usqucJianti a—Stock

o n

•

....

loan
loan

do

....

....

1858

....

Mortgage bonds, coup, (payable by P. & R.)
Improvement bonds
car

....

1874
....

327
327
108

Preferred stock
1st mortgage, extended
2d mortgage—
Boat and
Boat and

148

....

Pennsylvania—Stock
General mortg., interest guar’d by Penn. RR

Schuylkill Navigation—Stock,

Vario’s
25

....

do
do
Debenture loan of 1894, coup and reg
1st M., coup. & reg., on Penn. Div. ($10,000,000)

Loan,

$50

..

....

60
60
148

mortgage, registered

Lehigh Coal <£ Navigation—Stock

•

4

Guaranteed sterling loan
Bonds having next preference
Delaware Division—Stock
1st mortgage (extended 20 years in 1878).r.
Delaware d- Hudson—Stock
1st mortgage extended
1st

•

1856

p.

lands

247,

tfrmongahela Navigation Company.—Receipts,
1875, $196,576; expenses, $80,487; dividends, $90,387.
Morris.—Leased April, 18 1, to Lehigh Valley Rail¬
road for 999 years.
The lessees assume bonds and

& D.
& J.

Philadelphia, Office.
do

June, 1873
July, 188(1

do

....

Q- J.
Q-J.

Balt., A. Brown & Sons.

1870
1890
1885
Feb. 4, 1878

London.
J. & J. Balt., A. Brown & Sons.
F. & A.
Philadelphia, Office.

J.
F.
m.
J.
J.

&
&
&
&
&
A. &
M. &

J.
do
do
A. N. Y., Bk. of Commerce.
ar.
do
do
J.
do
do
J.
do
do
O. N. Y., office 71 B’way.
S.
do
do

Q-M.

M. &

S.

Q-J.
Q-F.

J.
J.
J.
J.
F.
J.
F.
F.
A.
A.
F.

&
&
&
&
&
&
&
&
&
&
&

D.
D.
D.
D.
A.
J.
A.
A.
0.
O.
A.

J. & J.
F. & A.
F. & A.

Q. -M.

Nov. 1,1891
1884
1891
1894

1917

Philadelphia, Office.
do
do
do
do
do
do
do
do

Sept. 2, 1876

do
do
do
do
do
do
do
do

1894
1884
1897
1897
’79- 80-’81-'82
1882
June 1,1911
1892

Pittsburg, Office.
Leh.Val.RR.Co., Pliila
do
do
do
do

do

do

do

do

& J.
& Jr

<lo
do

& N.
& N.
& N.

do
do

J.
J.
J.
J.
M.

&
&
&
&
<fc

Aug. 4, 1878
Aug. 4, 1878
April 1,1906
Oct., 1885
Feb., 1889

do
do
do
do

Philadelphia, Office.
Philadelphia, Office.

J.
J.
M.
M.
M.

J.
J.
J.
J.
N.

July 1,1898
Aug. 1, 1876

'
•

do

July, 1910
Aug. 25, 1878
Aug. 25,1878
March, 1897

do
do
do
do
do

1882 to 1907
1895
*

Phila. and Baltimore.
do
do
do
do
do

do

Philadelphia. Office.

May, 1880
May, 1913
May, 1915
Jan.,
Jan.

i.885

1,1878

Jan., 1894
Jan., 1902
May 1.1883

scrip, and pay 10 per cent per annum on preferred
stock, and 4 on consolidated stock. (V. 12, p. 714).

Pennsylvania Canal.—Worked in interest of Penn.

RR. which guarantees interest

on

bonds.

An old

mortgage of *90,000 is due in 1887.

Schuylkill Navigation

Company.—Leased from

June 1, 1870, to Philadelphia & Reading for 999
years, at annual rent of $(fo5,000, including certain

real and personal property conveyed to Philadelphia
& Reading. The dividend of Aug. 22,1877, was par¬
able in Phil. & Reading RR. ecrip. (V. 22, p. 493;
V. 26, p. 41 8 )
-

Susquehanna A Tide Water.—Leased and operated
by Philadelphia & Reading Railroad for interest on
bonds and half of net oamings.
Union Cana .—Stock, $2,907,850.

OCTOBER

MISCELLANEOUS

26, 1878.]

Subscribers will confer

a

Date of
Bonds.

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

Adam • Express Company—Stock
American Express—Stock
American Coal (Maryland)—Stock
Atlantic & Pacific Telegraph- Stock
Boston Water Power
.".

Size or
Par
Value.

18,000,000
1,500,000
15,000,000
4,000,000

1874

1,000

1,740,000

25

1873
1874

1,107,500

£200

578,000
923,000
783,000
600,000

•

•

•

....

....

.

Consolidation Coal of Maryland—Stock
1st mortgage (convertible)
1st mortgage, consolidated, convertible
Cumberland Coal and Iron—1st mortgage
do
do
2d mortgage..

2d mortgage, coupon
3d mortgage, coupon
4th mortgage
St. Louis Tunnel RR.—1st mort., sterling, s.
do
do
2d mortgage
Iowa RR. Land Co.—Stock
Mariposa Land & Mining Company—Stook
Preferred stock
I.

1,000
500 &c.
500 <fcc.
100

....

....

....

1864
1872
1852

•

1869

..

Cumberland Coaid Iron Company—Stock
Dunleith d- Dubugue Bridge—
Bonds sink. fund.
Illinois & St. Louis Bridge— 1st M.,coup., s. f...

....

1868
1871
1871
1874
1875
1873
1875

f.

....

....

Mortgage bonds (lor $500,000)
Maryland Coal—Stock
Ontario Silver Mining— Stock

1875
....

Steamship Company—Stock

1st mortgage bonds

1

....

1861

1,000
1,000

1st mortgage (east side) bonds on 1,053 acres
1st mort. (west side) on 400 acres & 550 leased
Producers’ Consolidated L\l <£• Petroleum- Stock
Pullman Palace Car—Stock

1872

1872
....

....

Bonds, 2d series
Bonds, 3d series
Bonds, 4tli series

Bondsj sterling debenture, convertible

Quicksilver Mining Company—Common stock..

1,000
100
100
100
50
....

Mortgage bonds, gold

1,000
1,000
100
100

....

....

Preferred stock

£100
100
100

Southern & Atlantic Tel.—Guaranteed stook

....

United States Express—Stock

....

.

....

United States Roiling Stock—Stock
Wells, Fargo <£ Company Express—Stock
Western Union Telegraph—Stock
Real estate bonds, gold, sinking fund

....

....

....

1872
1875
1875

Bonds.coup or reg.,conv.till May,’85, s.f.lp.c.
Sterling bonds, coup. (s. f. lp.c. per annum)..

to the

suit

6

8
7
7
7
10
9
10
1

25
50
100
....

100
100

1,000
1,000
£100&o

g.
g.
g.

g.

&
<fc
tic
&

&
&
&
&
&
&
&
A
&

&
&
&
&

Q.—F.
J.

*1*41

arranged at 13’14# per cent to Atl. & Pac.
and 86'85*4 to Western Union. (V. 25, p. 16, 115,
188, 355, 374, 433, 591; V. 26, p. 304, 436, 469, 521;
Y. 27, p. 280.)

218.000

5,708,700
4,291,300
948,000
1,500,000
7,000,000

5,000,000
5,000,000

35,084,975
1,373,000

3,920,000
981,234

Boston
p. 396.

121.)

Water Power Co.—Annual report in V. 24.
P- 183; V. 24, p. Ill, 396; V. 27, p.

(Y- 23,

$772,6(5, and dividends 4\/t

549.)

p.

Q.-F.
F. & A.

7
7
6
2
8
8

J.
J.

(fc I).

June, 1884

London, Brown, S. & Co
New York

or

Loudon.

Jan.
Jan.

1, 1904
1, 1904
■

London.

1900

N.Y.,Co.’s Office, 71 B’y.

Jan. 2,

1877
Jan., 1885
Jan. 1, 1897

do
do
do
do
do
do
do
do
New York, Office.
N. Y., at Ill. Cent. RR.
New York and London.
do
do
do
do
St. Louis.

Feb., 1879
Oct. 15, 1875
Nov., 1893

Lond.,J. S.Morgan & Co.

Jan. 1, 1889

St. Louis.

1879

1900

July 1, 1901
Mar. 1, 1886
-

Boston, Treas.’ Office.

Nov. 1, 1876

Q.-J.
Q.-F.

N. Y., Ill
do
N.

Broadway.
do

Q.-F.

A. <fc O.

Y’ork, Office.

N. Y., Farm L. & T.
do
do
do
do
dh
do

Sept., 1.869
Aug. 1, 1876
Aug. 1, 1881

Y., 4th National Bk.
New

M. <fc N.
F. & A.

8
7 g.

Jan. i, i886
Jan. 31, 1876

New York.

& 1).

June i, 1892
June 1,1892
1877

Co.

London, J. S. Morgan & Co.

Aug. 15. 1878
May 15, 1881
Feb. 15, 1887
Aug. 15, 1892
April 1,1885

....
—

7g.

3L2

J. & J.
A. A O.
J. A D.

2
2 g.
4

M. <fc S.
J. & J.

1^
7 g.

r*
t

9 g-

(V. 26,

per cent.

Mariposa Land & Mining Co.—Assessments made

the shares from time to time. (V. 23,
p.
V. 24, p. 128; V. 25, p. 358; V. 26, p. 290.)

N. Y.,

Company’s Office.
N.Y., West. Union Tel
N. Y., Company’s Office.
New York, Office.
New York and London.
New
New

Q.-J.
M. A N.
M. A N.
M. & S.

(Y. 24, p. 181, 226,

on

Canton Improvement Co.—The annual icpon for
ending May 31, 1878, is in V. 27, p. 14. Of the
$2,500,000 mortgage $600,000 is reserved to pay ster¬
ling loan. The Company owns the stock of the
Union Railroad Company and guarantees its bonds.
(V. 24, p. 6.13; V. 27, p. 14.)

do

St. Louis.

7

Iowa Railroad Land Co.—This comnany manages
the land grants of live extinct organizations. The
total lam owned was 53 >,2li acre*. March 31,187i.
In 1876-7, 84,032 ac es were 6"l l for $576,8 6, and
601 town lots for $» ,9J2.
The cas<h c l.ec ions
were

1. 1878

Boston. Office.

....

3
3

Illinois <fc St. Loirs Bridge.—Hot income,
1876-77,
$219,777; in 1877-78, $219,598
Tbe railroad and
tunnel were sold under the mortgage of
1873,
July 1, 1878, for $150,000. (V. 2d, p. 420, 524; V.
Atlantic & Pacific Telegraph.—Pools with West¬ 27, p. 17, 227.)

were

July

Sept. 10, 1877
Sept. 30, 1876
Nov. 12, 1872

& J.

(V. 22, p. 180; V.

ern Union their gross receipts on the basis of
87#
to the W.U. and 12# per cent to A. & P. Expenses

Sept. 1, 1878

....

American Coal.—The report for 1876 showed gross

receipts, $531,333; net, $25,399.
24, p. 248.)

J.
J.
J.
N.
8.
J.
J.
J.
A.
O.
N.
O.
J.
S.
J.
J.
J.

When Due.
Stocks— Last Divi¬
dend.

—

20,000,000
5,000,000
481,500
2,000,000
1,000,000
500,000
2,500,000
5,938,200
298,000
432,000
816,000

$135,000 Un. Mining Co. bonds.
248; V. 26, p. 262.)

N. Y., Company’s Office.
N. Y., Company’s Office.
New York, Office.
New York.

& D.

J.
J.
J.
M.
M.
J.
J.
J.
F.
A.
M.
A.
J.
M.
J.
J.
J.

....

275.000

....

Spr’g Mountain C’oa£—Stock, guar.7 p.e.by L.V.

363,000

500,000
400,000
3,756,000
2,000,000
2,492,000
1,000,000
1,000,000
1,000,000
7,620,000
10,000,000

....

....

7

5,000,000
(?)
4,400,000
10,000,000

J.

2*3

387,000

6
6

100
100
100

....

6 g.
6
6 g.

10,250,000

,T.
S.

s.

Bonds—Principal

Wliero Payable, and by
Whom.

s.

6 g.

100

....

1875

%
10
7

6

....

J. &
M. &

2^

137,000

£200

Q.-M.

1^

498,000

1,000

Pay’ble

2

....

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

When

Rate.

1,000

Pennsylvania Anthracite Coal—Stock

Adams Express Company.—A reference
of Dinsmore and others in V*.
19, p. 270.

XXXI

INTEREST.

100
25
100
100

•

Mortgage bonds (for $2,800,000)
Company—Stock
Sterling bonds (sirk.f’d one-fifth of land sales)
Mortgage bonds, gold, sixes (for $2,500,000).
Un. RR., 1st M., end. (s. f., rents on $220,163)
do 2dM.,g.,end.,(s.f. gr’ndr’nts on$144,800)

Pennsylvania Coal—Slock..T

BONi S.

Amount

outstanding.

$100 $12,000,000
....

Canton Improvement

Pacific Mail

AND

great favor by giving immediate notice of any error discovered in tJhese Tabl

DESCRIPTION.

.

STOCKS

112, 329;

Yrork, Office.
York, Office.

N. Y., Union Trust Co.
N. Y., Treasurer’s Office

London, Morton, R.&Co

1879

Oct., 1878
June 10, 1878
Nov. 15, 1876

Sept. 1, 1878
July 15, 1878
Oct. 15, 1878
May, 1902
May, 1900

.

March 1, 1906

Pennsylvania Anthracite Coal.—This Company’*

stock and

bonds ad nitted

Feb., 1877.

(V. 21, p. 112.)

to

N. Y. Stock Board

Pullman Palace
Car Company.— The
sterling
bonds of 1875, of which the whole is.-ue
authorized
is $1,000,000. are convertible inro stock from
April
1, 1818. to April 1 1.-8!. Annual reports have been
published as fo lows: V. 23. p. 402; V. 2j, p. 308.
(Y. 26, p. 217; V. 27, p. 302.)

Quicksilver Mining

?J03; V. 21,
228.)

p.

Company.—(V. 22, p. 238.
15, 358; V. 27, p!

507; V. 25, p

Spring Mountain Coal Company.—This is gnar7 per cent
per year till :i885 by Lehigh
Valley RR.
anteed

year

Consolidation Coal.—Annual report for 1877 in V.

26, p.262, showing gross receipts. $1,475,55*; ex¬
penses, $1,246,644; net, $228,914. Consol, mortgage
bonds are held to retire old bonds. Guarantees also
bonds of the Cumberland & Penn., and assumes




Maryland Coal—Balance sheet, Y. 24,

V. 26, p. 95.

p.

226;

Pacific Mail Steamship Co.—A reference to the
pages following is n**cessarv to get definite infor¬
mation.
(V. 26, p. 217, 523, 547, 625, 651; V.
27, p.

68, 229, 384.)

Pennsylvania
Coal.—Liabilities
are

dividends

paid.

at a minimum and

United States Express.—Hew stock of
$1,000,000
issued. (V. 22, p. 159; V. 23, p. 87.)
United States
p.

289.

Rolling Stock Co.—See

report Y. W.

Western Union Telegraph.—The
company holds
about $6,000,000 of its own
stock, making the
total $41,073,410.
(V. 2b, p. 135, 2d6, 304, 592, 626;
V. 27, p. 274, 381.)

INVESTORS’ SUPPLEMENT

txxll

B.

A.

LANCASTER
Bankers

66

[vox,. xxviL

and

&

CO.,

Brokers,

BROADWAY, XEW YORK,
DEALERS

IN'

FIRST-GLASS INVESTMENT SECURITIES.
GOVERNMENT

BONDS,

State, City, County, Railroad and Miscellaneous Securities
BOUGHT

VIRGINIA

AND

SOLD

TAX-RECEIVABLE

SOUTHERN

ON

COMMISSION.

COUPONS

SECURITIES

LOANS

QUOTATIONS

ARE

Government Securities.

10754 108
10754 108

6*20s, registered,

102 % 103
102% 103
105
:05%
105 J* 105%

107%

NEGOTIATED.

AS

FOLLOWS, OCTOBER

1<5% 106%
105% 10»%

10-408, coupon......
6fl, registered, 1881

104% 104
105% 1(5%

5s, coupon. 1K81
4*s, registered. 1S91
4*8, coupon, 1891
4s, registered, 1907
4s, coupon, 1907
4s, small, coup n
6s, currency, 1895-99

103% 103%
1(3% 103%
99% ICO
09% ieo
100
100%
119% 119%

State Securities.
Alabama—New consois, A
New consols, 5s. B
.*
C....;

43
70
46

Arkansas—6s, funded

21

do

7s, railroads
7s, levees
Connecticut 6s

4

4%
,

1883-84

Illinois—6s,
War loan.

108

;

102
74

1914

;

Missouri—6s, due in 1878

6s, due in 1882 or 1883
6s,
do 1888
c6s,
do 1887
do 1888
6s,
6\
do 18R9 or 1890
Asylum or University, due 1892
Funding, due 1894-95
Hannibal & St. Joseph, due 18S6..
do

Carolina—6s, old, 1886-93
6s, old, 1886-98
No. Carolma RR., 1883-4-5
do
do
do

’

103%
J&J

coup. oil. J&J
do A&O

Funding Act, 1806-1900
do

: 868-98

New bonds, 1892-93
do

do

J&J
A&O

do
do

16
16
74
74
54
54
9
9
9

class 2:
class 3

1*

Ohio—6s. 18S1

108

105’
17%
17%

104

82

32

34
32

fls.

new.




6s, old. 1890-2-8

189 > 98-1900

I

31

53

33*

32’

2d, 8s
New Orleans &

8s
..

.,

new

Railroad Bonds.
Alabama & Chattanooga, 1st, 8s
Atchison & Pike’s Peak, 6s, gold

let, 7s

75

85

8
40
100
34
90

9
45
It. 6
c6
94
40

Consols, 1st, 7s,‘ 1897, end. by Savann’h
Atlantic Tennessee & Ohio, 1st, 8s, gold
M&N

82

2d mortgage
Cheraw & Dulington, 8s

East Tennessee Virginia & Ga., 1st, 7s
Flint &'Pere Marquette, Ss, land grant..

Georgia TtR.—7s

69
30
10J
74
47
lu2
27
93
85
99
100
84
103

Petersburg—1st, 8e

Northern Pacific, new preferred
Ohio & Mississippi—1st, 7s

Greenville & Columbia—1st, 7s
7s, guaranteed
Ilouston & Great Northern, 1st, 7s

90

56
93
89

Houston & Texas Central, 1st, 7s, g.. J&J
Iowa Falls & Sioux City, 1st, 7s
Kansas Pacific
Louisville & Nashville—Consol., 1st, 7s. 104
87
Consol., 2d, 7s, gold
Macon & Augusta, 1st, 7s, 1887
J&J 99
Macon & Brunswick,. 1st, 7s,’83, end..J&J|

62
94
91

90
100

102
90
90
J&J 106
A&O 101
J&J 93
stock... 18
102

2d, 7s

66%

Orange & Alexandria—1st, 6s

M&N

2d, 6s

J&J

3d, 8s
M&N
4th, ts
M&S
Orange Alexandria. & Man., 7s
J&J
Petersburg RR.—1st, 8s, 1879-93
J&J
2d, 8s, 1902.
J&J
Pittsburg & Connellsv.—1st, 7s,’98..J&J
Consol., 6s, gold, 19;6
M&N
Piedmont RR., 1st, 8s
i

87
76
35
12
42
100
25
93

8

40
102 r
85
110

82
70
50
20
102
100
110

105
95
93
107

94*
19

>10*34
t>8
94
84
40

43*
103
28
94

97* loo*

7s

J&J

Richmond &

..M&N 77
Danville, 1st, 6s
Richmond.&sFetersburg, 1st. 8s.
: 101

80

.

Savannah

Savannah

Selma &
South
South

&^harleston, 1st. 7s
^Memphis—1st, 8s

Roanoke, 1st, 7s, 1890.. F&A.

Gulf, l*&|Bs
Caroling RR., 1st, 7s

Georgia &#lorida—1st, 7s. M&N
2d, 7s
,7r.
M&N
South Side, Va.—1st, 8s, 18S4-90
J&J

71
40
107
80
50

90
106

-.

fcs, 19l0..
6s, gold. 1900

82% Seaboard

23
95
88
95
102

4
.35
10J
84
108
8J
65
45
15
101
99
106

U3
80

RichmondFredericksb. & Pot.—6s..J&J

103
J&J 102
....A&O 105%

Burlington C. R. & N., 1st, 5s, 1906. J&D
Carolina Central, 1st, 6s, gold, 1923..J&J
Central Georgia, consol, mortgage, 7s.
Chari. Columbia & Aug.—1st, consols, 7s

100
77

Mobile—1st, 8s

Northern Central—6s, 1885

50

;

8s,

82% 83
13% 13%

1st, 7s
Norfolk &

3f
98
97
106
101% 102
117% lib
66
62
65
62

6s

2%
2%

...

Ohio—sterling, 8s

Nashville Chattanooga & St. Louis
Nashvillle & Decatur, 1st, 7s
New Orleans Jacksou & Gt. No.—1st,

100
100
85
65
112
75

3>
90
95
104

.

75

-

Orleans, La.—5s, premium.
Consol., 6s, 1392
Norfolk, Va., 6s
Petersburg, Va.—6s

7s,

8s, i5

Interest, 8s
2d, 8s

.

Chesapeake & Ohio, 1st 6s..

’ 65

Consol., 6s, doubtful

8s
New

Denver & Rio Grande, 1st, 7s
East Tennessee & Georgia, 6s
East Tennessee & Virginia, 6s, endorsed
10

1 st.

1st, 7s
2d, 8s

188!)
6s, 1885

6s, 1886
110
Rhode Island Gs, coupon, 1893-94
108
South Carolina—Consol., 6s, approved... 80
Tennessee

H>5

*

Mississippi & Tennessee—1st, 8s, A

Memphis, Tenn.—6s, 1900

6 s,

9
2

Special tax, class 1, 189S-99

Charleston, 8. C., 7s
Columbus, Ga., 7s
Lynchburg City, Va., 8s
Macon, Ga., 7s

Baltimore & Ohio-Stock

104

A&O

97
97
75
6J
lo8

108

104

J&J

City Bonds.
Atlanta, Ga., 7s
Augusta, Ga., 7s, various

.

2d. 8s

31
7
78

76

Registered

J&J

Memphis & L. Rock, 1st M., 1907.,
Mississippi Central—1st, 7s

Mobile &

Atlantic & Gulf—Consols, 1st, 7s, 1897..

107

A&O

77%

101% 102
103%
104*
107

..

30
6

Atlanta & Charlotte Air L.—1st pref.,7s.

106%

due 1887

6s, consol., 2d series
6s, deferred

8s, gold

110

Stock

ex-matured coupon

Vicksburg City
Wilmington., N. C.—Gs, gold

105%

2d, 7s, 18;5

72%
51* 52

109*

102

..

6s, 1883...
7s, 1890

Memphis & Charleston—1st, 7s,’80.M&N

22
..

Savannah, Ga.—7s, old...I'

74%

Marietta & Cincinnati—Is*, 7 s, ’92..F&A
3d. Ss
A&O

34*

21
22

1S6U..

109

73

Michigan—6s, 1878-79

33%

68, consol...

8s

102
102

coupon. 1S79

North

series, 1914
Virginia—6s, old
6s, new, 18*6

Richmond, Va —6s.

108

Co..sol, 7s. small

•

5

100%
108

Kentucky 6s
Louisiana—Consol., 7s,

do
do
do

io*

106

Georgia—(is, 1879-8C-86
7s, new, 1886
7s, endorsed, 1886
7s, gold, 18iK)

6s, new, new

Gold, 6s, 1900
Mobile, Ala.—6s
73
48

25:
Bid. Ask.

Tennessee—(Continued)—

District of Columbia—3-658, 1924.
Small bonds

103

SOLD.

Bid. Ask.

do

issue, 1865
issue, 1865
6-‘2fs, registered, 1867
6-20s, coupon, 1867
6-20s, regist red, 1838
6 20s, coupon, 1868
10 40s, registered
new

6-2 s, coupon, new

AND

SPECIALTY.

A

Bid. Ask.

6 per cent, registered, 1881
6 per ceDt, coupon, 1881
Called bonds, registered
do
coupon

BOUGHT

‘

.

105
75
65

103
80
70

90
97
90

93
102
100

Miscellaneous Bonds.
James River & Kanawha Canal—1st, 6s.
2d, 6s

40

45

Mississippi Levee, 10

90

2d, 6s, 1884-90.
2d, 6s, 1834-90
Southwestern, Ga., 7s
Virginia & Tennessee, 6s

J&J
J&J

8s

Western, N. C., 1st, 7s
Wilmington Col. & Aug,, 1st, 7s..J&D
Wilmington & Weld., gold, 7s, 1900.J&J

per

cent bonds....

Past-Due Coupons.

Memphis City

coupons
Soutu Carolina consol coupons
Tennessee State poupons

25

35

is*

Virginia pealer coupons
Virginia tax-receivable coupons.

10

20
15

81

81%

*