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iikste'
OP TIIK

COMMERCIAL AND FIXANCIAL CHRONICLE.
PFBLISHED ON THE LAST SATURDAY OP EACH MONTH.
Famished Gratis
[Entered accordlnK to act of Congreu, In the ye»r

NEW

1878,

to all Subscriberg of tlie Clironlole.

by Wk. B. Duf a

YORK, OCTOBER

INVESTORS' SUPPLEMENT
01*

& Co., In the offlce of

as follows

THX

28, 1876.

totals are taken,

inTestments of

the LIbnrtan of CongreM, Wuhintton, D. CI

which show the general resalts.
The total
owned by each class of corporations was

all sorts

:

Bankt—

1870.

Catnmtrrial

ntili

/inannal

Cjirnnicle.

Fire
18

Issued

on the

last

Saturday of each month, containing

a complete exhibit of the Funded Debt of States and

and of the Stocks

Cities,

$452,273,697

4,.548,200

Savings
Insurance- The Supplement

31,610,696
15,197,598
154,180,069
23,787,799

$479,460,378

State

$53,702,695
3,640,883
173,197,958

33,755,673
15,733,213
168,016,823
25,941,370

-

1876.

|55,475,229
175,989,973

National

Marine
Life

:

Fruat

and Bonds of Railroad and other Compames.
It is

furnished without extra charge to

CEtRomcLB; no

all

regular subscribers of

Tm

single copies are sold at the offlce, as a sufficient supply is

printed for subscribers only.

Grand

total

The whole amount of each sort of investment held
by all the corporations, was as follows

years,

in the

two

:

Transient advertisements are inserted at twenty-flve cents per line; adyer-

U.

INVESTMENTS

The money market

this

IN

OCTOBER.

month has not been unfavorable

for

There has been an increase in the mercantile
demand for money, and naturally an advance in the rates to bank
customers, but in the rates on call or on prime commercial paper
sold through brokers there has not been a large advance.
United States bonds have ruled at comparatively low prices for
the old sii per cent issues, under the general influence of the
Syndicate negotiations, which have given the impression that the
old bonds may be called in within a brief period. Lower gold
also helped to keep down the prices of governments, until the
war rumors stiffened up the premium. The Syndicate have
taken $10,000,000 beyond their first bid of $40,000,000 "firm,"
which is so far a good indication of the success of their transacThe discussion of so high an authority as the London
tions.
^co?Jomt«t, on the subject of our government, credit, is a matter
of much interest here. We have previously referred to their
article of Sept. 9, comparing the credit of France and the United
States, and accounting for the slight advantage in price which
French securities have over ours, under three heads, substantially
as follows: 1. That French securities are taken by their own
people for private investment, while United States bonds are not
generally purchased by individual investors in this country, on
account of the low rate of interest paid by them. 2. That a suspicion of miscellaneous American securities those of Counties,
Towns, Railroads, &c. prejudices even our government bonds.
That " there is a doubt as to the mode of payment of the
3.
American debt. For example, by the Act of July, 1870, which
authorized the funded loan,' all bonds are to be
redeemaable in coin at its then standard value,' and the interest is to be
payable in such coin and most of the debt is in substantially
the same position. But though these words are quite effectual
for the purpose for which they were used, viz. to fix payment
in coin and exclude that in greenbacks, they are not so for the
purpose of the present time; they do not aay what coin whether

investments.

—

—

'

1875.

1876.

tisements by the quarter, six months or year, at special rates.

'

—

:

—

gold or silver.
In the Chronicle of October 21 the various classes of Investments held by financial corporations in New York city were

bonds

$136,629,822
State securities
19,864,820
City securities
60,305,973
County and town securities
8,560,171
Company securities
15,563.173
Real estate bonds and mortgages.. 305,962,345
Real estate
33,800,391

$118,319,354
19,985,917
61,291,183
7,373,255
12,640,980
300,118,977
31,645.013

Total
$479,091,094
State banks (portion unclassified).
369,384

$451,374,639
899,068

S.

Grind

total, as

above

$479,460,378

$452,373,697

amounts
bonds and mortgages held, and
also in the fact that out of a total increase of about $37,000,000
It is
in 1876, some $18,000,000 was in government securities.
also worthy of notice that out of the total investments of about
$480,000,000, some $206,000,000 are in such shape as to have no
current and ready market value that is, in real estate bonds and
mortgages. It suggests the question whether it would be desirable to have these securities in a form that they could be sold
almost as easily as railroad bonds, and secondly, if it is so desirable, whether this could be accomplished by the guaranty of
substantial corporations formed for that purpose 1 State Bonds
remain with very little change. City bonds show a decrease of
about $1,100,000, which is accounted for by a decrease in the
amounts owned by Savings Banks and National Banks, while
Trust Companies and Fire and Life Insurance Companies
increased their holdings. County and Town Bonds increased
about $1,300,000, mainly in the holdings of Life Insurance
Companies and Savings Banks. The amount of stocks and bonds
of Companies, including Railroad, Bank and other corporations,
shows an increase of about $3,000,000, the largest increase being
with the Life Insurance Companies.
State and municipal bonds have developed nothing worthy of
special comment, and the best classes continue to be held at high

The

salient points of this statement are in the large

of U. S. bonds

and

real estate

—

figures.

—

Railroad securities have generally improved both stocks and
and this has been owing, in part, to the natural reaction
following such a depression as took place after the break in coal

bonds

—

to speculative movements at
the Stock Exchange, which carried up prices materially.
Tlie business in Western mortgage loans appears to be still on

railroad stocks, and also, in part,

shown at some length, and a comparison made of the relative
amounts owned in 1875 and 1876. The figures are interesting the increase, and attention is directed to the new card of Mr. A.
and instructive, as exhibiting the sort of security which has C. Burnham, who is the representative in this city of several well
been selected for their funds, by the corporations which are known firms at the West, and the card of Mr. Chas. P. Kirkland,
supposed to be the most careful investors in the country.
Jr., counsellor at law, who is located at Denver, Col., and offers
Prom the extended table given in the article the following to loan Eastern money on improved property in that citjr.

:

.

STOCK AND BOND TABLES.
NOTES.
These tables are expressly Intended te be nsed in connection -with the Information ooneemlng Investnient matters, imbllsheo from week to
veek In the Cueoniclb—to which an index is furnished in the remarks at the foot of the tables. Annual reports are in black-faced figiiree.
A full description of V. S. Government Securities is published regulaily in the Chbonicle each month, as soon as the offloial "Debt State

ment" is issued.
Priees of all Stocks and Bonds are quoted weekly In the Chboniclg.
The following will give explanations of each column of the tables below
i>e»erti)«io».—Railroads leased to others will often be foimd 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."
Date of Bonds.— The date of issue on the face of the bond is refeiTed to in this column.
Mites of itoorf.—Opposite Stoclis, this means the miles of road operated, on which the earnings are based ; opi>oslte bonds, the miles covered

by the mortgage.
Size or Par Faiue.—These figures are dollars, showing the denominations or par value. The figures " 100, Ac," signify $100 and larger.
Rate Per Oe)i(.—The interest per annum is given for bonds, but the per eont of last dividend for stocks g means gold; x, extra s, stock or scrip.
When Payable.—J. & J. stands for Jan. & July F. & A., Feb. & Aug.; M. & S., March & Sept.; A. & O., April & Oct.; M. & N., May & Nov.; J. &
D., June & Doc; Q.— J... quarterly from January; Q.— F^ quarterly from Feb.; Q.— M., quarterly from March.
JBonds, principal when due ; Stocks, last diviiUttd.-The date in this colimm shows the period when the principal falls due of bonds, but the tim«
irhen the last dividend was paid on «<oc/m.
;

;

:

STATE SECURITIES
confer a great fltTor by glrlwg Immediate notice ot any error diseoyered In tbese Table*.
INTEREST.
DESC'EIFTION.
Date of
Size or
Amount
Principal Wlien
Bonds.
par
Outstanding
When Where Payable and by
Due.
Rate.
For explanations see notes above.
Value.
Payable
Whom.

Snb«crlber«

lylll

.AlabamaState bonds, due in 1872 and extended

do
do

extended
do
Sterling bonds of 1850, extended
Sterling bonds, extended
do
do
do
do
Bonds of 1866
Bonds of 1868
New 8 per cent, loan of 1872
do
do
1873
Railroad substitution loan, gold (Act Apl.,'73)
Substitution bonds (class A)
forEK.end'sem'ts(clas8B)
do
Educational funded debt
Direct loan to Montgomery A Eufaula RB
Direct loan to Alabama A Cliattanooga BR.
Railroad bond indorsements
State certificates and Auditor's warrants

.

.

1872
1866
1866
1870
1866
1866
1867
1866
1868
1872
1873
1874
1876
1876

$100&c.
100 &c.
100 &c
....

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

100 Ac
100 Ac.

1870
1870
1870 to '71

$168,000
1,941,000

5

5
5

473,800
688,000
64,800
82,500
648,000
877,700
500,000
650,000
185,000
1,192,000
4,000,000
600,000
2,810,670
300,000
2,000,000
9,193,000
998,135

M. A
M. A
M. A
June

To Memplils

A

Little

Rock Railroad

To Idttle Rock A Fort Smith Railroad
To Little Rock, Pino Bluffs A N. Orleans RE.
To Miss., Ouachita A Red River EaUroad
To Arkansas Central Railroad
State scrip
CalifortiiaState capital bonds
of

1873

ConneeitcKt—
War bonds, 10-20 year

"1

20year
20year
lO-30year

do
do
do
do

....

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

—

Ac
Ac
100 Ac

1863
500
1870 to '72
500
1873

Soldiers' relief

Fimded debt bonds

1869
1870
1870
1870
1870
1863

1,000

100 Ac.

a

ri

\9.'^
f

a S5

1861
1863
1864
1864
1865

§ g^
" n
Columbia—
1872
Permanent Improvement, gold, coupon or reg.
currency
1873
do
do
1874
P^nd. b'ds (U.S. guar.,Act8 Junc,'74AFeb.,'75)
1872
Mai'ket bouse bonds, coupon
1871 to '73
Potomac water bond.s, coupon
1872
Washington funding, gold
1828 to '68
Other WashingUm debt
Corporation of Georgetown
Florida—
1871
State bonds
1873
Consolidated gold bonds
1870
Loan to Jacksonville, Pensacola A Mobile RR.
Qeorpia^
Various.
Atlantic A Gulf Railroad bonds
1866
Bonds, act of Mar. 12, 1866 (West. A At. RR.)
1870
Bonds, act of Sept., 1 870, gold (int. quarterly)
1870
Bonds, act of Oct., '70, gold (int. semi-annual)
1872
Bonds, act of Jan. 18, '72
1873
Bonds for funding
not taxable, 20 year

J

JHsirict of

Alabama.—The State gives 30-year bonds, dated
1, 1876, bearing 2 per cent for 5 years, 3 per
cent for next 5 years, 4 per cent for next 10 years,
and 5 per cent for last 10 years, for old bonds, without any allowance for past-due coupons. The ex-

July

change may be made at Montgomery, and Alabama
A Chattanooga endoraed bonds may also be exchanged (for tl,000,0{X) of the new bonde) at Lon
don. Eight per cents signed by Governors Lindsay
and Lewis can only be exchanged at Montgomery.
For railroad endorsements the bonds issued bear 5
per cent. The State has been in default since Jan.,
1814. The value of all taxable property is given at
tax rate, ty, mills.
'The assessed
of real estate in 1875 was $8-3,851 ,252.
(V. 20, p. 1.39. S.3S, 670, 681; V. 21, p. 276, 294, 322,

1,000
1,000
1,000

Ac
500 Ac
50 Ac
50 Ac
1,000
100 Ac
100

....

1.000
1.000

500
500 Ac
1,000
1,000

250AC.

3,209,000
1,986,773
1,975,465
276,500
256,000
1,200,000
1,000,000
1,200,000
600,000
1,350,000
1,398,512

8
8
8

J.
J.

7 g.
2 Ac.

J.
J.
J.

J.

A

J.

do

J.
J.

A
A

J.
J.

N. Y., Union Trust Co.

7
io"
6

J.

A
A
A
A
A
A

O.
O.
O.
O.
O.

N. Y., Union Trust Co.

J.
J.
J.

Sacramento, Treamiry.
do
do

J.
J.
J.

Hartford, Treasury,

5
"

J.
J.
J.
J.

M.

8

6

7
7
7
7

7

5

AS
6g.

509,400
877,000
1,318,500
568,500
1,741,100

6

A.
A.
A.
A.
A.

?«•

900,000
3,600,000
2,098,000
1,880,000
307,500
1,100,000

6

J.
J.
J.

6
6

A.
A.

««•

J.
J.

6

3-65

F.

7

J.
J.

7
;^7?3
5,6

A
A
A
A
A
A
A
A
A
A
A
A
A

534, 612;
40, 397.)

V.

22, p.

110,

157, 808, 581;

V.

83, p. 39,

Arkaneas.-'Rite of taxation, 10 mihs. The State
is in default for interest, except on the ten per cents
of 1b74 and secured sinking fund bonds, issncd
under the law of December, 1674. Assessed valua-

The total
tion of taxable property, »94,095,243.
ii*ercst overdue July I, 876, was »4,12r,68i, making
Board of Finance
total bonded debt. $15,90-<,310.
was sppomted in January. 1875, to confer with bondholders of the State and ihey iesned a notice as
UO. p. 161; also statement of finances,
qnotedin

A

;

V

Bee Cbronicli, V. 19, p. 167, 189,
28, p. 174,
V. £0, p. 139, 16!; V. 21, p. 485, 690; V. 23, p.

«87:
Hi.

do
do
do
do
do

New

York,

18»9

dn

do
do
do
do

do

Washington, D.
do
N.Y., Imi)orters'

personal property, $139,2l7,69j- total,
990,351;
This amount appears smaller from
$594,238,016.
the deduction of "solvent debts"
1876, but

m

otherwise would have been much higher.
Tax,
The Governor advises the
73^cents per $100.
gradnal cancellation of the bonds held in trust
and the purchase of foreign securities in their
place,
(v. .19, p. 3 of advertisements; V. 19, p.'
32.)

ConmcticuL— The debt of Connecticut was all
created for war pnrpose.i, and has been reduced
since 1806 from $10,0OJ,0CO to the present figures by
sinking fund purchases, nie 1661 bonds are payable at pleasure since July, 1871, and those of 1^64
since October, 187-1.
.^sessed value of real and
personal property, $351,785,469; rate of taxation, 1
mill.

Dislriet of ColumMa.—The total assessed value
of taxable real cUate in 1875 was8M,15i,684. United
States Attorney-General Pierrepont rendered an
opinion that the faith of the United Slates
is pledt^cd for the payment of interest on the
8.65 bonds, but conflicting legal opinions have been
rendered as to the right of New York savings banks
to invest in these, as government 'secnrities. The
interest dae February, 1876, was not paid till March,

1894
1885

July 1. 1891
July 1. 1891
Aug. 1, 1924
July 26, 1892
Oct. 1, 1901 to '03

New York and Washington

1392

C.

A Tr. B'k.

do

J.
J.

CcUUomla. —Tbe State holds in trust for School
and University funds the $500,000 Capitol bonds
and $2,063,000 of bonds 1878. Total valuation of
property, 1876, was as follows: Real estate, $454,-

Oct.,
Oct..

do
do
do
do
Washington, D. C.

J.
J.

A.AO

July, 1881
Jan., 1883
Jan., 1884

do
do
do
do

N. Y., First National Bank.

J.
J.

A.

A J.
A J.
6
F. A A.
7
J. A J
Q.—
%« A. A J.
O.
?^8

138K
1885
1893

do

do
do
do
do

6

6g.
8g.

1309
1900
1900
1900
April, 1900

do
do
do
do

do

O.
O.

7

1899
1900

do

New York, Latham, A. A Co

J.

Various
Various

$160,000,000;

valuation

York.

do

8

95,500
500,000

350,000
884,500
4,000,000

New

8'

2,801,000

4,000,000
677,300
13,743,050
152,400
476,000
1,812,300
1,235,824
252,317

May, 1892
May, 1886
May, 1886
June. 1890
1886
1886
1886
1886
1888
Jan., 1892
1893
1894
July 1, 1906
July 1, 1906

York.

do
do
London. Union Bank.
do
do
do

A
A
A
A
A
A
A
A
A
A

S«I'-

Arkansas—
Funding bonds of 1869 and 1870
1869 to '70
1871
Iicvee bonds (or waiTants)
Old unfunded debt, including interest
1838 to '39
Ten year b'ds (for $2,500,000) ActMay 29,'74
1875
Secured sinking fund bonds (Act. Dec, 1874)
1874

New

do

Jan.

1903

1,

N. Y., Fourth National B'k. 1878, '9, '30, 'l.'e
July. 1886
do
do
N. Y., London or Frankfort
Oct., 1890

Not

paid.

1392
N. Y., Fourth National B'k.
N. Y., Fourth Nat. Bank. AprU 1,1377 to '86
no

as

appropriation

made

was

The

interest due Aug.,
been provided for Dy

1876,

the

by Congress.
and Feb., 1377, has
Sundry Civil bill.

(V. aO, p. 83. See also V. 19, p. 16, 61, 142. 189,
477; V. 20, p. 289, 446; V. 21, p. 63, 417, 465; V.
2-2,

p. 181.)

Florida.—Zessthe sinking fund of $49,900. and J.
Real
P. and M. loan, the total debt is «1,199,T00.
and personal property are valued about $35,000,000;
tax rate, 7 mills. The loan to J. P. A M. RR is
secured by mortgage on road, and the question as to
the Sta'e's obligation to the bondholders was before
the United States Supreme Court, and decided in
December, 1875, (V. 21, p. 691). in favor of the
State; no interest has been paid on these bonds
for some years past, and a decision of the State

Supreme Court holds them unconstitutioual.

(V. 21,

p.466; V. 22, p. 158,233.)

Georgia.— In June, 1876, $500,000 bonds sold to
pay overdue coupons on recognized bonds of Macon
& Brunswick and North A South Railroads. The
Sta'e Legislatnro declared void all the semi-annual
gold bonds of 1870 ($1,880,000), and $102,000
of the Quarterly bonds held by H. Clews & Co.;
the Brunswick & Albany bonds, $1,500,000 and all
railroad endorsements, except, $1,950,000 Macon
;

Brunswick; $191,000

Ala.

A

Chatt.; $340,OOD No.

S
*

AsseMed

So. Ga.; and $31,000 Memphis Branchvalue of property in 1874, $273,000,000; In H;5, $281jBrunswick
755,884 ; rate of tax, four mills. Macon

A

. .

.

.

J

.

STATE SE0UBITIB8.

October 28, 1876.]
Snbserlbers

wlU oonfera

gttmX niror hj cItIhc iiaiaedlate notie« ot anr error 4laeoTare4 la (hea* Tkkle*.

DESCRIPTION.

Date of
Bonds.

For explanation see notes on
Georgia

first

page ot

Sl7,e

or

par
Value.

table*.

INTEREST.

Amount
outstandlog.

Bate.

Wlien
Payable

Wliere parable and by
wliom.
N. Y., Fourth National Bk.

— (Continued) —

Bonds

to fiiiHl coupons OTi oiulorMOd bondH...
RB.end'8Ciu'tK(oiily $2,4 18,000 iukiiowlmtK'd)
f Brunswick A Albany liallroad direct bonds.
.

1876
1870 to '71
1870

$....

1,000

$,'500,000

7

J.

A

7,545,900
1,500,000

"i'

J.

&"d.

niinoit—

J.

Not

1,000
1,000
1,000

1

A
A
A
M. A
J. A

Am

100

(Sw.

July

^d.

6

200,«00
200,000
510,000

8
7

Various

6

Various

101,175
739,000
346,000

7
7

J.
J.

120,000
518,000
207,000
526,000
747,500
100,300
80,00«
87,000
1,672,000
260,000
10,000
184,000
70,000
2,500,000
875,000
0,306,900

6

J.

6

Various
Various

7

A B.
A J N. O. Ixinisiana Nat. Bank,
A J.
do
do
A Co.
M. A S, N. Y, Wlnslow,
do
M. AN.
do
M. A S. N. O. Louisiana Nat. Bank.
N. Y, Winslow, L. A Co.
A. A O
Various N. O., Citizens' Bank of La.
N. Y. Wlnslow, L. A Co.
J. A J.
A. A O.
N. Y., Wlnslow, U A Co.
J. a" J,

71,000
385,000
307,000
2,330,000
2,827,000

6
6

Various
M. A S.

1806

1,

Deoi.'isOO

Exchange Bank

921,060
280,000
23,000
86,000
142,300

3,904,783

1847

Interest bonds, inscribed stock

Refunded stock bonds
Noininl Uii vcrslty bonds
Tliornton loan bonds
Wiu- bonds

PrtDOipal wbeo
due.

6
6

N.Y.,

do
do
do
do

J.

6

Jan.,

do
do
do
do

1873

Varlooa
Jan., 1880
Jan., 188«>
Jan., 1880

Indiana—
1873
1875
1876

Bonds, short loan
do
do
do
do
School fund bonds (uon-uegotlable)

5,000

New York.

KansasBonds, 1861 to

Bonds

'69, funding,

1801 to '09 100 &0.

Ac

18Glto'09 100<S:a
1864 to '65

for various State purposes

Military loan

—

Jjoxtisiana
Bonds for relief of State Treasury
Bonds in aid of various railroads

1853

Levee bonds— Act 35 of 1865
1866
do
A«tll5otl867
1867
do
special— Act 32 of 1870
1870
Bonds funding coupons
1866
do
to Bocuf A Crocodile Navigation Co. ..
1870
do issued to State Penitentiary
1869
do to fund Hoating debt of State
1870
do to Mississippi A Mexican Gulf Canal.,
1869
do to Nortlicrn Louisiana A Texas RR. Co.
1869
do school A seminary, held by St. Trcas..
1857
do toN. Orleans, Mobile A Obatt. RR
1870
do to N. Orleans, Mobile A Texas BR
1871
K. O. Hob. A Texas RR. bonds, end. by State
1869
Consolidated funded bonds
1874
Maine—
Civil loan bonds
) gj 1851 to '61
War loan bonds
1863
.;j
Bounty loan bonds
1863
\ BfS
do
do
1864
o*
Municipal war debt assumed
JOC
1868
Uarulana —
Baltimore A Ohio Railroad sterling. ...n...
1838
Chesapeake A Ohio Canal sterling
1833
Susquehanna A Tide Water Canal
1838
Railroads and canals
Various.
Eastern Shore Rallroa<l
1839
Baltimore A Susquehanna Railroad
1837
Clie$apeake A Ohio Canal
1839
Baltimore A Biisqiichauaa Railroad
1839
Annai>olis A Elkndge Railroad
1868
Defense Bounty Loan
1871
Deaf and Dumb Asylum Loan
1872
Maryland Hospital Loan, 10-15 years
1873
.Maryland State Loan
iiassdchuselts

1857
1861 to '62
1862
1863
1863
1864
1864
1869
Loan, sterling.
War
1868 to '61
.ilread loan, sterling.
Troy A Greentteld Ral
home
1861 to '63
do
'do
sterling..
1868
do
do
sterling.
1871
do
do
sterling
1875
do
do
dollar bonds 1873 to '74
do
do
do
1875
do
do
1860
Southern Vermont Railroad lyoan
1857
Norwich A Worcester Railroa<l Loan
Hartford A Erie Railroad, sterling.
1868 to '68
Boston,
1874
Harbor Land Improvement (5-20s)
1874 & '76
Danvers Lunatic Hospital
1875-'76
Lunatic Hospital, Worcester
1875
New Stat« Prisons, sterling
Ba<!k Bay Lands Loan
Union Fund Loan
Coast Defense Loan
Bounty Fund Loan
Bounty Fund Loan
do sterling
do
.

—

Railroad endorsement was declared valid by LesisUtnre of 1811. but the later isHue of $600,000 was
declared void by the Legislature in 1875. Governor's
Mewoee, V. S», p. 87. ( V. !«, p. 440, 590, 614.)

—

lUinois. The debt has been rapidly reduced of
late years, apd, without the addition of new loans,
The Illinois Central
will soon be extinguished.

Railroad charter tax on earnings contributes over
$400,000 per year to the State revenue. The assessment of all property in 1816 was f955,69I,680,
of which 8J1 1,210,642 is p«rBonal property, and
$745,472,038 real esUte.
/TKfiano.— There are also $139,000 of war bonds.
is a question as to the State's obligation to
?iay the Wabash & Erie Canal debt. A reference
o the origin of that debt, ari;»ing from the State's
compromiee with the bondliolders in 1845, will be
found in the Chronicle, V. 19, p. 49:1; see also p.
626. A suit on the question was brought and decree
of sale obtained (V. 21, p. 85; V. 2Z, p. 104, 616). Taxable valuation, 1875 real estate, $1)21,416,973; personal, $231,667,147; railroads, $38,410,919; corporaA law pertions, $4,045,508; tax rate, IX mills,
mitting towns to Is^ue bonds was passed in 1875, the
main section being as follows:

There

—

" Section i.—Be

it

enacted

bi/ t?ie

Oeneral

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

500 Ac.
500 &c.
1,000

500 &o.
lOO&o.

July.

8

6
6
8

8
8

£100
200 Ac.

500

<tc.

£100 Ac
£200
£200 Ac
500 &o.
£,500

«
6

£200

400,000

A
A
A
A

its Board of Trustees, commenced the
erection of any public buildings, to be nsod as a
market house, engine house or other public purposes, and shall not have the necessary means with
which to complete such building, on the passage of
an ordinance authorizing the same by the Board of
Trustees of said incorporated town, issue the t)onds
of such town to an amount not exceeding in the
aggregate $10,000, in denominations of not loss than
$50 nor more than t,'i00. and payable at any place
that may be designated in the bonds; the principal
In not less than one year nor more than ten years
after the date of such bonds, and the interest,

O.
J.

J.
J,

g,

M.
J.
J.
J.

annually or semi-annually, as maybe therein proprovide the means with which to complete
buildiugs;
pro-\ided
that
such bonds
not be sold at a price less than ninetyfbar cents on the dolhu*, nor bear a g^'eater
rate of
Interest than eight per centum per
viiled, to

such
ihaH

annum."

A

similar law was passed for coanties, which, referring to contracts that have been made for public
buildings, Ac, says that in counties where such
contracts have been so made, the board of commissioners of such counties are authorized to issue
bonds to an amount not exceeding one-half of one
per centum on the assessed valuation of the pronurtv of such county, in addition to any loan for said
purpose for wliieh bonds may have been heretofore
issued, negotiated and sold. (V. S2, p. 209.)

jKon*(W.— Kansas has but a small State debt, but
the issues of municipul bonds have been large. In
July, 1876, $150,000 of State bonds were paid off. An
extract from the State Auditor's report was given in
V. 20, p. 14. The valuation of real aud personal property in ISfSwas $121,514,3M; tax rate, 6
mills for State purposes, and an average of 3.78 per
$100 for al purposes. State funds hold $769,950 of
the bonds. (V. 20, p. 14.)

1014

1877-'78
March, 1883
Aug. 15, 1880
June, 1889
Oct., 1803

London, Baring Bros,
do
do
do
do
Baltimore, State Agent,
do
do
do
do
do
do
do
do
do
do
do
do
do
do
da
do

1890
1890
1865
1880 A 1800
1890
180O
188&
1890
1800
1875 A '93
1885 A '89

do
do
London, McCalmonts.

J.

Jan.]

Angnsta and Boston.
Boston, Suffolk Bank,
do
da
do
do
Augusta and Boston.

Various
Various
J. A J

3

1, 1890
1, 1900
May, 1910
1890
1909
1897
July 1, 1910
AprU, lOLl

Jan.

March

I.,.

Boston Treasury.
do
do
do
do
do
do
do
do
do
do
London, Baring Bros.
do
do
do
do
Boston Treasury.
London, Baring Bre«.
do
do
do
do
Boston Treasury.
do
do
do
do
do
do
London, Baring Bros.

g.
gg.
ggg.
gg.
g.
gg.
gg.
g-

5
5
5
5

1,.
350,000

£500

.,

AD.
AN.
A J,
A J.
A J.
5
M. AN
b
M. AN.
5
J. A J
5
A. A O.
5
A. A O.
5
A. A O.
5
J. A J.
5
J. A J.
5
J. A J.
J. A J
A. A O.
6g. J. A J
5 g. J. A J.
J. A J

6

1,100,000
1,292,280

''J-

1872 to 1906
1886
May 1, lOOT
March 1, I87&
1886 A '88

do
do
do
do
N. Y, Wlnslow, L. A Co.
do
do

,

A.

6
6

3,599,024

1888 to '84
1877 to 'OO
1884 to '90

do
do

.,

J.
J.
J.

(1

700,000
1,300,000
200,000
400,000

1,000
1,000
1,000

AN

^"a*7.
Q.—

(!

1,!'>00,000

1,000
1,000
5,000
1,000

U A Co.

N.O., Louisiana Nat. Bank,

A.

«

5,598,912

500
1,000
1,000
1,000

J.

3

50,000
220,000
600,000
888,000
200,000
4,379,500
4,000,744
999,944
554,180
966,500
2,952,400

1,000

J

A A.
A D.
& O.
J. A J.
?«•
5 S- J. A J.
5 g- J. A J.
5
Q.-J.
5
A. A O.

225,000
330,000
454,361

Y., Donnell,

do
do

P.
J.

6
6

3,333,583

100 &c.

.

J.

.

6
7-30
8
6
8

435,000
150,615
31,069
269,000
528,785
298,435
62,015

1878
1870

April 1,

J.
J.

7

2,028,888
2,551,444

....

M.
M.

8

A
A
A

Amem-

the State qf Indiana, That any corporated
in this State which shall have heretofore, hy

f/ly of_

the action of

1,000
1,000
1,000

—

Lunatic Hospital (Western Massaoliusetts)

town

500

Dee. 1.1876

do
do

April,

June, 1877

,

,

,

Boston,, Treasury.
Boston Treasury.
,

1882 to '87

May, 1880
July, 1877 to "78
July, 188a
JiUy, 188»

May, 1894
May, 1894
July. 1889
Oct., 1888 to '90
April, 1890 to '94
April, 1882
July, 1891
Jan. 1, 1899
July, 1891 to '94
Jnly, 1895
April, 1890
July, 1877
Jan. A Jnly, 1900
July, 1894
July, '94-8ept., '9«
May, '95-S6pt..'96
Jan. 1, 1895

Orleans had $93,463,26S of real and $26,118,833 of
personal.
The gross revenue in 1875 was $8,:^,15,3
and expenses 83,ia'i,;07. The $2,500,000 bonds to
Texas Railroad have been declared
N. O. Mob.
void by State Sa;,,rerae Court, but a re-hearing
granted. (V. 20, p. 78, 83, 476, 521, 546; V. 81, p. It,
63, 110, 159, 231, 489, 535, 613; V. 22, p. 61.)

A

Jlfaln«.— The sinking funds, January, 1876, retotal debt to a net amount of $5,27'2,688.
Valuation of total taxables in 1875, $285,000,009;
tax rate, 5 mills. Governor's messi^ in V. 2i, p.

duce the
62.

Maryland.—The assessed valnstion of property in
1875 was $427,753,393, on which the rate of taxation
in 1876 is njtf cents per $100; income from dividends
on railroad, canal and other stocks owned by the
State was $ia'l,491. The State has largely assisted
canals aud railroads, and holds $4.787,2.15 of stocks
and bonds of companies paying interest promptly,
leaving only $o.916,582 of debt without any offset;
the State also holds $22,555,188 in unproductive &•
curities. On two investments only, th« ComptroUsv
says that the Stati> has met no loss, \iK.. the Baltt
more Ohio and the Columbia
Port Deposit ttMi
roads.

A

A

.JZa«sa<A!««W«.— Governor's message on finances, V.
All Interest on the funded debt of
p. 62.
The credit of
is paid in coin.
the State stands nigh in London and at home.
During 1874 the debt was increased $967,400.
The sinking funds In
and in 1875, $4,500,000.
22,

XouWOKfl.— The funding

passed Jan. 24, 1874,
scaled the debt down to t»0" per cent of the face value.
For coupons tacking on bonds funded, similar coupons are cut from the new bonds issued interest on
consol. bonds Is paid in New York, but no intercut p-aid on bonds unfunded. These consols, were
admitted to New York Stock Exchange, May,
1876.
The principal bouds not fundable are,
*119.000 of RU. bonds; $»S.000scliool; $260.000Miss.
A Mex. Gulf Canal; $80,000 Boeuf A Cr. Nav.;
$87.'-.,000 N. O. M. A Tex. endorsed; and $2,500 000
N. O. Mob. & Texas. The same tax of
mills,
in 1875 as in 1874 (in 1873 the rate was 2IX mills )
The total assessed value of real cstatv in 18T5 was
bill

;

U^

$150,507,073; personal, $40,349,547;

of

which

New

Massachusetts

January, 1876, were 811.725..309. TheHoosac tunnel
has cost the State about $15,8.50,000. Real estate
personal. Inin 1875, $1,311,081,316;
assessed
cluding bank shares. $560,815,162; tax rate, 1-08
mills; deposits in savings banks, $237,S1S,963; corporation prop<!rty(.ibovc real estate and machinery),
The loan to B. H. A E. Railroad was
$84,213,6:12.
secured by deposit of $3,600,000 "Berdeli" mortgi^
bonds, afterAvards exchanged for new stock. (V.
20. p. 836, 521; V. 21, p. Til; V. 28, p. 62; V. 23, p.

.

:

STATE SECURITIES.

[October 28, 1876.

Subscriber* 'wUI confer a xreat niror by Klvlne Immediate notice of any error dlaeovered In tbese Tables.

DESCRIPTION.

Date

of

Bonds.

For explanations see notes on first page of tables.

Renewal Loan Bonds

$1,000
1,000
1,000
1,000

$101,000
822,000
357,000
46,000

6

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

100,000
100,000
50,000
250,000
2,275,000

7
7
7
7

1865 to '66
1868
1872
1874
1854 to '58
1857 to '59
1859 to '60
1854 to "59
1853 to '59
1857 to '66
1874
1875-6
1857 to '75
1874

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

439,000
2,727,000
401,000
104,000
2,256,000
392,000
504,000
1,872,000
2,973,000
784,000
1,000,000
3,580,000
2,715,000
285,000

6
6
6

1871
1872

1,000
1,000

160,000
800,000

1861
1864
1872
1873

1,000
1,000

100 &c.
100 &c,

213,000
600,000
2,206,100
500.000

6
6
6
6

1861
1863
1864

100 &c.
100 &c.
100 &0.

900,000
900,900
593,400

6
6

1,000

State Building Loan

do
do
do

do
do
do
coupon
Railroad Bonds (not recognized)
Missouri^
State bonds
Consolidated bonds
University and Lunatic Asylum bonds

Bank stock refunding
Bonds to North Missouri Railroad
Bonds to Cairo & Fulton Railroad
Bonds to Platte Coimty Railroad
Bonds to Iron Mountain Railroad
State

Pacific Railroad of Missouri

Southwestern Branch Pacific Railroad
Funding bonds
Renewal bonds, coup., 5-20s, (act Moh. 29,
Hannibal & St. Joseph Railroad
do
do
renewal
Ifevada—
State bonds
Territorial bonds

'75)

—

War loan, coupon bonds
do
do
Municipal war loan
Stat« bonds
New Jersey—
War loan bonds, tax free
do
do
do
do
do
taxable

New York—

1,057,000

7

9,895,,500

7

Bounty loan bonds, coupon
do
do
registered stock
General fund debt— Astor stock
1827 to '32
do
do
do
deficiency loan
1848
do
do
do
do
1848

1875

Under Art.
and

stitutiou

I

7, Sec. 3, of CouArt. 7, Sec. 12.

1872
1873
1873
1874

Comptroller's bonds (by Rev. Stat's)
North Oarolina
Railroad and Improvement bonds, old
do
do
do
old

.So

p=
Ma

—

RR. and improv't bonds, new
do
do
Panding bonds, since war
do

500 &c
500 &c,

(not special tax)

do

1866
1868
1867
1868

Registered certificates of literary fund
Penitentiary bonds, act Aug. 24, 1868
Special tax bonds
Oh.to—
Registered loan, payable after 1875
do
do
do
June, 1881
do
do
do
Jime, 1886

1850
1860
1856

Oregon—
Bounty bonds

Willamette Canal and Lock

do

May 4

Registered loan. May 4
Coupon loan of April 19 ($35,000 are reg.)
etock loan of Feb. 2 (registered)

do
do

do
do

.

(registered)

(coupon)

^^icMg<m.—The debt has been largely diminished
in the last few years.
Assessed valaation of real
and personal property, 1816, $680,000,000, and tax
rate2t< mills. Sorplus revenue is applied to purehase of boodsi (v. 20, p. 139.)

1849
1852
1852
1852
1852
1853
1867
1867
1867

J.
J.

6
7
6

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

7

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

6
6

6
6
6
6
6
6

6
6
6

9I3&IO
9I3

6

6

g.

6

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

6g.
6g.
6g.
6g.

J.
J.
J.

6

A.

g.

5&6g.

6
6
6

J.
J.
J.

26,500
200,000

7
7

J.
J.

400,000
395,000
87,000

4i2g. J.

50 &c.
50 &c.
50 &c.

6
6
6

6
6
6
6
6

A.
g.

2,812,000

7,521,550
7,369,000

J.

F.
F.

5

g.

F.
P.
P.
F.

Min7iesota.—A\\ the State bonds are now held by
the permanent school fund. Minnesota is usually
classed among the States which have avoided their 1865, and from 1870 to 1871
Real Estate.
obligations, in consequence of her refusal to recog- Year.
Personal.
State tax.
nize the "State Railroad bonds" of 1858 to the 1859...
$1,097,564,524
$307,349,155
8>i
amount of $2,275,000. See Governor's Message, V.28, 1865... . 1,158,327,371
892, .532.314
4 63-80
p. 63. Property valaation, 1875, $218,855,743, of which 1870...
1,532,720,907
434,280,278
7 41-156
1,599,930,166
$45,162,487 was personal; tax, 2 1-lQ mills. (V. 19. 1871... .
452,607,732
5 79-1*0
1872... ..
1,644,.379,410
147,248,035
p. 493; V. 22, p. 567.)
9X
437,102,315
6 95-100
ifi««OMrt.—Valaation of real and personal property 1873... .. 1,692,52.3,071
"!¥
1874... .
1.750,698.918
418,608,955
in 1876 was $549,503,471, upon which the tax m i}4
407,427,399
6
mills.
Railroad property was assessed at $54,849- 1875... .. 1,960,352,703
1876...
3 11-24
312, as returned to County Courts; but at only
For the present fiscal year, 1875-6, the equalized
$19,861,141, as returned to the State Auditor in
J87S.
The State had $1,428,000 bonds maturing valuation of real and personal property is S-i,46fi,11-24 mills.
This is
In 1875, and $3,907,000 in 1876.
To provide for 267,273; the tax rate only 3
the considerable reduction in
these, a law of 1875 authorized the sale of new partly owing to
the Bounty debt, and the increase of sinking
Iwnds, and the State Commissioner's report to July
It
appears that the value of
1876, is in V. 83, p. 135. The Hannibal & St. Josepli fund resources.
Railroad provides for its own debt. Bonds falling real estate by local assessors in 1874 was $1,750,698,918, while the full value, as estimated by
due are paid in currency, pursuant to a resolution
of the Legislature, although some of these bonds are the State assessors, was $4,168,330,757. The Comptroller says the actual value should be adopted as
payable by their terms in " gold or silver." (V
the basis of taxation. The total amount raised by
SO, p. 83. 161, 290, 313, 336,
477; V. 21. D 277:
tax. State and local, in 1875, was $56,926,470, or 24
V. 22, p. 83, 591 V. 23, p. 135, 397.)
mills on the $1 of assessed valuation. In 1874, the
Nevada.-The debt of Nevada is hardly more than local debts of cities iu New York State were $137.nominal.
539,6'J9; of counties, $46,685,264, and towns, $25,New Hampshire.— "Vhe debt of New Hampshire 140,181. (V. 20, p. 28, 60, 615; V. ii, p. 63,
was created for war purposes, and is being gradually 4,1.)
reduced. The Municipal loan of 187J was issued to
citiesand towns, ttie proceeds to be applied to their
North Carolina.—^orth Carolina
is
heavily
war debts. Total valuation in 18,6, $199,080,353. burdened with debt, in proportion to her taxTix rate, $2 per $1,000.
able property. A lengthy extract from the TreasNew Jersetj.—The debt was created for war pur- urer's report was given in V. 20, p. 84. Total
poses. Of the first two classis of bonds the princi- property was assessed
in 1872 at $123,507,628, a
pal is payable $100,00.1 per year. Valuation of real low valuation. Interest
is paid on bonds issued
and personal property in 1675 $613,731,094, agamst to North Carolina Railroad
($2,800,000), as the
t619,09r,9J3
State tax, 3>i mUls.
State holds $3,000,200 stock and receives div.

.
.

.

fe

;

;

do
St.

Paul, Treaaury.

do
do
do

do
do
do

Bank

N. Y.,

of

do
do
do
do
do
do
do
do
do
do
do

Commerce.
do
do
do
do
do
do
do
do
do
do

do
N, Y., B'k N. America,

do

Concord or Boston,
do
do
do
do
do
do

S.

J.
J.

Trenton and Jersey City.

J.
J.
J.

do
do
N.

Y'.

do
do

Manhattan Bank.
do

do

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

do
do
do
do
do

do
do
do
do
do

New

1883
1888
July, 1892

1877 to '88
1877 to '89
1889 to '90
1877 to '89
1876 to '87
1876
July, 1804
1895-6
1887 to '95

York,

do

American Exch.
do
do

do
do

State Treasury

April,
April,

1877
1877

will.

July, 1878

At will.
Oct., 1893
Dec, 1877
July, 1887
Jan. 1, 1883
July 1, 1891
Oct. 1, 1892
On demand.
to
to
to
to

'98
'98
'98
'98

B'k,

Jan., 1876
July, 1881
Jan., 1887

1884
1830

.Farm A Meet
do
do
d*
do
do
do
do
do

Jan., 1877 to '84
Jan., 1886 to '96
Jan., '97 to 1902

Jan., 1900
Oct., 1898
Indefinite.
Oct., 1898
1898 to '99

Ealeigh, Treasury.

New

July, 1877 & '78
1884 to '89
Jan., '92 to 1905
1879 to '80

Sept.,

1868
1868
1868
1868

York,

do
do
do
do
do

N. Y.,

1877
1878
1879
1883 to 1903
Dec., 1887

At

Albany.

O.

18

uly,

1878 & '83
May, 1890
July, 1879

1881 and '82
March, 1887

do

J.

Principal—When
Due.

do

State Treasury,

S.

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

New For*.— There is also $68,000 contingent debt
of Long IslandVKaiiroad, and $7,361 per annum for
Indian annuities. An abstract of the Governor's
Message was given in V. 22, p. 63, showing a net
reduction of $\!,744,505 in the debt for year ending
Sept. 30, 1875. The following were valuations and
tax rate for State purposes in the years 1859 and
.

do
do
do

Albany.

6

5

&
&
&
&

Am. Exchange Bank,
do
do

g.

5&6g.

210,000
4,072,640
2,400,000

455,500
273,000
88,350

N. Y.,

<Sc

M.

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

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

& J
& J.
& N.
& J
& J
& J.
& J.
& J.
& D.
&
&
&
&
&
&
&
&
&
&
&
&
&

Various

1,000
1,000

100 &c,
100 &c.

1870

—

Vennsplvatiia
Inclined plane loan
Coupon loan, April 2, ($28,000 are reg.)

561,500
800,000
1,537,887
473,000
880,000
1,562,900
847,500
4,302,600
2,000,000
66,443

INTEBE8T.
Where Payable and by
Payable
Whom.

When

4,738,800
3,639,400
2,383,000
1,695,000
2,417,400
1,711,400
383,045
44,000
11,407,000

1,000
1,000

do

do

do
do

Kate.

1867
1868
1869
1873
1858

Baintc Marie Canal bonds

(

outstanding.

Value.

Minnesota—

Canal d«bt,

Amount

par

1858
1863
1865
1859

Two Maiion Loan
War Bounty Bonds

2few Hampshire

Size or

do
do
do
do
do
do
do
do

April, 1879
July, 1882
July, 1882

Aug., 1877
Aug., 1877
Aug., 1878
Feb., 1877
Feb., 1877 to '82
Feb., 1877 to '82

idends thereon. Other interest in default. A funding bill passed the Legislature March, 1875. (See
Chkosiolb, V. 20, p. 836.) In New York, bonds
are classified thus: "Old," being those issued prior
to May 1, 1361, coupons on from Jan. '69; "N. C. R.
R." issue of »2,800,000 to that road, coups, on since
Jan. & April, '69; fame "coup, off " have had 7
coups, paid; "funding act '66 carry coups. Jan.,
'69;
"funding act"
'fle
carry coupons April,
'69. " New "—authorized before war, except $1,500,000 in 1868; "Special tax, 1st," carry coup. April,
'69; "2d" coup. of Oct. '69; " 3d " coup. April, 1870.
(V. 18, p. 166, 629; V. 20, p. 84, 161, 283; V. 21, p. 570.)
Ohio.— Ohio has a very small State debt, but
large local debts, amounting in 1375 to $25,957,5^.
Valuations in 1874 were Real estate iu cities, &c.,
;

$.368,031,721; other, $696,883,.328; personalty, $536,Tax rate in 1875. 3 2-10 mills for State, and

680,»il8.

an avera?;e of 25

9-10 mills for local purposes. Of
the 1875 loan above, $868,3.30 was paid Jan. 1, 1878.
after April 1. Report on State and
local debts, V. 22, p. 64.

and the balance

Oregon.— The debt

is

provided for by sinking

Taxable property
funds, payable from land sales.
mill tax
1875 was assessed at $41,197,149;
was laid for Belief bonds and 1 mill for Bounty

in

X

bonds.
Pennsylvanl3.—ToUil debt Nov. 30, $23,233,137;
available assets. $9,466,572; net debt, $13,766,564.
The fiuancial system is remarkable in Pennsylvania,
in the fact that no tax is laid for State purposes on

Revenue is raised from numerous
estate.
sources, principally from corporations. Taxes are
levied on personal property, which was assessed at
$159,382,242, and the tax was $574,817 in 1875. State
expenses have lately exceeded revenue, and sinking
funds have been diverted to meet the deficiency.
The State holds $1,751,321 in stocks aud $10,564,.32t
of railroad bonds. Interest is paid in gold on all tte
State debt issued prior to 1867. Any coupon bonds
may be changed to registered. The bonds due in
18T7 are payable at any time till 1882; those of 188*
UU 1892. (V. 21, p. 137; V. 22, p. 64.)
real

.
.

.

STATE SECURITIES.

October 28, 1876.]
8abserib«ra

irlll

Tn

eonftr • creat laTor by bItIiic IntmedlaM BoUe« of any error dUcovered tn tli««« TaMea«
Date of

Size or

par

outstaudiiig

INTEREST.
Where parable Mid by

Amount

bonds.

DESCRIPTION.
For explanations sco notes on Ureit page of tables.

value,

When

Rate.

Payable

Principal— when
doe.

WlUHO.

Continued) —

J'fnnsulvaniu f
Ktock loan of Feb. 2 (registered)

do
do

do
do
Ai^onltnral

Ciolloge

Rhode UlanO—
War bond
do
do
do
Smith Carolina

6
6
6

A.

& 8
& O

J.

St.

600,000

6

1862
1863
1863
1864

bonds
Fnndln(t bonds and stock
Blue KIdKe Railroad bonds

,

receivable

of Interest

Funding bank bills
Conversion bonds and stock
Land comiulsslon bonds

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

989,000
200,000
631,000
738,000

1794
Various
1836 to '61 Various
1853 to '54
1,000
1866
50,&c
1854
1,000
1868
1,000
1868
1,000
1868
500,&o.

23,684
520,346
240,000
401,700
680,000
177,000
261,000
370,500
648,300
22,000
481,944
218,423
10,000
4,023,000
149,254
4,797,608

1869-

do

stock, domestic
Bonds— Relief State Treasury.
Con80lldate<l bonds, coup. (Funding act)

stock (Funding act)
do
Railroad endorsements
Tenne$tee—
New fimdlng bonds, act of 1873

1874

Bonds registered, act of 1873
Fundable bonds and coup, not yet presented.
registerable, not presented

Held by E.T. University (not to be funded)
Texas—
Funding State debt
Funding State warrants, act May 2, 1874
Frontier defense, gold, act August 5, 1870

500,&c.

1869 to '70 500,&o.
1838
1838
1869
1873
Various
1873
Various

Fire loan bonds, sterling

%oud8,

M.

9,251,850
723,950

—

Tjllls

6

$90,400

50 (fee.
50 &o.

land scrip

do

Payment

A
A
&

$50<bo.

(re^ristiirexl)

State stock
State House stock

Funding

P.
F.
F.

1867
1867
1867
1872

(rejflatered)

Various.
Various.
Various.

1,000
1,000
Various
1,000

. .

1866 & '71
1874
1870
Reveiuie deficiency bonds, act Dec. 2, 1871..
1872
Bonds, act Mar., 1874 (for paying float'gdebt)
1874
Veteran Pension bonds, act Aug.,'70&Aj)l.,'74
1874

6,222,000
16,289,000
1,056,000
1,074,000
396,000

5
6
5

F.

^g.
g.

J.

g«- A.
§«• A.
6g. 1.
Og. J.
J.

,

do
reg.,
do
do
Deferred certiflcates (W. Va.)
Interest on sterling debt, funded (Act 1871)
Arrears of interest unpaid Sept. 30, 1875

1872
1871
1871

.

500*0

>

Vari's 5

£100 Ac
100,&c.
100,&c.
100,&c.
100,&c.
Various

Various

5
6

6
6

g.

.

J.
J.
J.
J.

& J.
& S.
J.
A J.
& J.
A D.
& D.
&
&
<fc

•

in 1674, 12, mills. (V. '20, p. 84, J41, 891, 358, 547;
81, p. 489, 614; V. 28, p. 40.)

V.

'74, and Jan,,l'75, remaining due, were paid
The law passed in March, '73, provided
funding all outstanding, legally issued bonds, due
for
between July 1, 1874, and July 1, 1854, as well as
all past-due coupons, and coupons maturing on
or before Jan. 1, 1874, in a 10-40 year 6 per cent
bond. The total debt given above is, substantially,
according to the last report of the Comptroller,
January, 1875. The Comptroller estimated debt of
solvent railroads at $3,388,896; due from purchasers

of July,

of railroads then sold, $372,0(»; value of Knoxville
The State's endorseto Charleston road, $100,000.
ments for railroads are $1,802,000, of which $1,660,000

York,

do
do
do
do
do

Total valuation of

New

23. p. 16, 397.J

July
July

JuU^l, 1914
1875 to 1900
1900
1875 to 190O

1, 1868
1, 186S
1888
July 1, 1893
July 1. 1893

Various.

1877 and 1801
Jan., 1884
1910
1892
March 1, 1904
1894

Boston, N. B. Mut. Red'n.
Montpeller, Treasury.

Dec, 1876-78
1890

New York.
Richmond, Treasury.
London, Baring B. A Co.

1886 to '96
At pleasure
1886
1905
1905

London, Baring B.

& 0.<>.

Contingent

1905

Virginia.— The Fnnding act of 1871 provided
that coupons of the funded bonds should be recervable for State taxco. For S-3 of the old bonds a
new bond was issued, and fcr the other
a deferred
certificate given (as the proportion due by West
Virginia). The act of 1872 amended that of 1871
by not allowing coupons to be received for taxes.
The sinking fund holds $2,446,985 of State bonds
and certificates. All interest over-due and unpaid
to September. 30, 1875, (on the basis of 4 per
cent.) was $1,199,864.
part of the interest
dne July, 1874, has been paid since Jan. 1, 1876.

H

A

Assessed value of property

is $.329,424, 152;

tax rate,

&

Texas.— The

Comptroller, in Pebmary,
1876, r<ported total funded debt $4,249,757; floating
debt, $.'>43,:37, and bonds of doubtful validity
remaining in hands of State Treasurer, $812,210.
The valuation of taxable property in 1875 was
Tax rate,
$250,8'53,759, against $241,841,860 in 1874.
50.
From the Comptroller's report we have the
following statistics for 1876:
State

JVnniMW.— On the first of Jnly, 1874, the payment of interest was resumed, and the interest
due January 1, 1875, was paid by help of a Total value of taxable property assessed. $2(0,853, 798
loan of $300,000, but default acain made Julv, Statetax
i,254.8.'54
1875. Tho coupons of July, 1875, together with those
198,325
Polltax
in Sept.,'76.

do
do
do
do
do

New

Richmond, Treasury.
do
do
do

real estate, $289,000,000, and railroad property,
$51,000,000.
The rate of taxation is 40 cents on the
York as "old,"
$100. Tennessee bonds, sold in

At pleasure.
1877 to '86

do

N. Y., Fourth Nat. Bank.

6
6
6
6

1, -207,000

March, 1382
April, 1893
July, 1893
Aug., 1804

New

<t J.

are those issued before 186*2, and having coupons
of July, 1869; Old "ex coupon," have only the
coupon of July. 1875; "New," issued since 1862 carrying coupon of July, 1869, " ex coupon" July, 1875,
only; "New Series," the new funding bonds. (V.
18, p. 143, 247. 350. 497: V. 19, p. 167; V. 20, p. 14, 84,
161, 282, 491 ; V. 21, p. 87, 813, 614; V. 22, p. 472; V.

—

do

Various N. Y., Bank of

7
10

1,564,675
1,166,093
15,239,370
212,833
1,199,864

1877-1882
1882-1892
1882-1802

1871 to '80
York. July 1,1887 to '97
July 1,1875 to '79
Columbia and New York.
July 1, 1888
July 1, 1883
do
do
do
do
July 1, 1889
do
July 1, 1882
do
oiul

J N. Y., Fourth Nat. Bank,
do
J.
do

M.

'I
6

Feb.,
Feb.,
Feb.,

Ooliuubia, Treasury.

&
&

$100.

The Governor's mcs8afi:e on finances
The funding law approved Dec.
provided for scaling down the old debt by
giving new bonds to the extent of 50 per cent, and
declared void the conversion bonds to the amount
Tue January, 1876, interest was
of $5,965,000.
paid on consolidated bonds in April, 1876. The interest due in July was only paid in part. Total
valuation of all property— in 1875, real estate,
«88,iri,2I8; personal, $46,791,006; rate of taxation

d«
do

6

is

So. Carolina.
in V. 21, p. 535.

do
do
Columbia

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

Rhode Itland.— The debt was all created for war
The
purposes and Is being Bteadily dlminlBhed.
valuation of real property in 187G was $185,159,843,
and personal, $86,89.1,928, and tax rate IS cents on

23, Iffra,

Columbia, State Treasury.

J.

6
5<Sc 6
5, 5>4,

J.
J.
J.

taken care of by the roads.

A T. Co.

J.
J.

6
6

J.

2,331,250
19,030,000

H.

&
&
&

6
10

•7,092,399

& A

I.

do
do
do

do
do
do

J.
J.
J.

134,000
137,000

500,<feo.

500,<&o.

Bli.

du
do

London.
Columbia.
J Columbia & Fls. Agen. N.Y.
J
New York or Columbia.
J
do
do

Yermotit—

1862
War loan bonds, coupon
1862
do
registered
ytrffinia—
1851 to '66
Old bonds, coupon
1851 to '66
do
registered
1851
do
sterling, not required to be funded
Consol. (Act Mar. "VD coup, tax receivable
1871
do
reg., conv. into coup...
1871
do
do
(Act 1872) coup., not receivable
187^

& Meoh.

Q.-J.

1,000,000
1,070,357

100

Farm.
do
do

Providence, R.

J

Q.-J.
J. & J
J. & J
J. &. J

200,000
499,000
697,000
500,000

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

A.
A.

Harrisburg Treasury.

186
6

A, Pbila.,

County taxes
Miles of RR. in the State ass'd for taxes.
Value of raUroads

Number

1,959,184
1 ,487

.

$16,606,122

of acres of land assessed in the

State

Value of

lots assessed in the State
'20, p. 84;

(V. 19, p. 15, 117, 142; V.

66,637,920
44,666.937

V.

22, p.

281.)

Vermonl.— This State has a very small debt— all
created for war purposes. Of the registered bonds
The
$135,500 are held for Agricnltnral College,
sinking fund, Aug. 1., 1876, was $135,982.

5 mills. The circular of Messrs. Branch
Co.,
bankers, April, 1876, said: "The LiegL-ilature has
adjourned, and no law in any way affecting the
bonds of the State has been passed,' if we except a
clause in the tax bill subjecting the coupons cnt
from bonds held by a non-resident of the State to
the same tax as has heretofore been deducted from
coupons held by residents. This tax amotrnts to
$1 70 on each coupon of $30, or five and two-fifths
per cent -the coupons being received at 94*60 per
cent of their par value in payment of taxes, "rhe
State is still in debt for money borrowed to meet
temporary deficiencies in the revcnne; and the pay
ments to the sinking fund have been suspended, as
also the payments of interest of July. 18*4, on the
non-consohdnted debt. The tax bill includes some
additional subjects of taxation, which nill make a
small increase in the revenue, but it is now certain
that no cash payments will be made during the
present year on account of interest, except that the
small balance due on July, 1874, Interest may be
paid." Auditor's report, V. 21, p. 604. (V. 19, p.
295 502, 526, S82; V. 20, p. 14, 806, 356, 875, 647;

V.

21, p. 527, 604.)

..

CITY SEOUBITIES.

viii

Sobaeriben

irUll

eonfer a creat (hTor by (IvlnK Immediate motlee or any error dlaeoTered In theae Tables.

DESCRIPTION.

Date of

Size or

par

outstanding.

For explanations see notes on first page of tables
Albany, N. T.—
Albany & Northern Railroad loan.

City improvement
site

Water stock.
Additional supply

Bonds loaned
do
Augusta, Oa.—

Albany 4c Susquehanna RR.
Albany <fe W. Stockbridgo ER.

to

Bonds

for various purposes
City bonds, tax free
Saltitnore
Consolidated loan of 1890

$1,000
1,000
1,000
1,000
1870,1,2,4 1,000
1871
1,000
1874
1,000
1861 & '52 1,000
1874
1,000
1865
1,000

Consolidated bounty loan
Exempt bounty loan
Public parks (Druid Hill)

Park improvement loan

Five million loan to Baltimore & Ohio RB
One million loan to Plttsb. & ConneUsville RR
New City Hall
do
do
do
do
Consolidated loan
Court house loan
„
Funding loan

do
Western Maryland Railroad
Jones' Falls
Valley Railroad
Patterson Park extension

indorsements for York & Cumberland RB...
do
do Western Maryland RR
do
do Union Raili-oad
Bangor, Me.—
City debt proper
Municipal loan

Water loan bonds, coup. (Act Feb. 22,»1875).
European & North American Raili'oad
Bangor & Fiscatacxuis Railroad
.Bostonifco

Consolidated street improvem't, sterling loan.

Roxbury

1854
1863
1865
1860
1863
1853
1853
1868
1870
1874
1864

1870
1874
1872
1872
1873
1872

Boston.

7,306,546
5,000,000
2,211,068
410,353

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

Ac.
&c.
&c.
&c,
&c,
&c,
&c,
&c.
&c,
<tc,

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

* 100 Ac
£100Ac
1,000
Various,

Various.
Various.

1,000
1,000

Debt

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

—

of Williamsburgh, local improvement..
Brooklyn local improvement loan

1859 to '61
1861
Mount Prospect Square loan
1857
Soldiers' aid fund loan
1865
Third street improvement loan, local. ...
1867
Gowanus canal Improvement loan, local.
1866
Bushwick avenue ' do
do
do
1865
South Seventh street do
do
do
1866
Union street
do
do
do
1867
Fourth avenue
do
do
do
1862
do
do
do
do
1867
Wailabout Bay
do
do
1867
Bedford avenue
do
do
local.
1867
Kent avenue basin do
do
1869
New York Bridge loan, registered and coupon
1870
Bonds for N. Y. & Brooklyu Bridge, cp. or re/
1876
Prospect Park loan, registered and coupon
1860to'73l
.

and

this debt, $600,000

balance
water works, Ac.

for

was issued

canal

for

enlargement,

do

At

1893
1893
1890
Jan. 1, 1895
Jan. 1, 1890
Jan. 1,1886
July 1, 1884
April 15, 1900
March 7, 1902
1885
AtwiU.
July 1, 1900
Feb. 1, 1894
Jan. 1, 1902
April

9,

Oct. 31,

March

do

Baltimore, Franklin Bank.

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

IiOndon, Baring Brothers.
Boston, Treasurer's Office.

1900*
1886

8, 1892
1, 1877

A 1900
Jan 1,1895
1877

to '92

Jan. 1,1894

July
Jan.
April

1,
1,
1,

1905
1894
1899

1978
1876 to '87
1876 to '96
April, 1893
July, 1899
Boston, Treaseurer's Office,
1874 to '85
do
do
1875 to '82
do
do
1876 to '93
do
do
1875 to '96
do
do
1875 to '83
do
do
1875 to '92
do
do
Oct., 1878
do
do
1876 to '99
do
do
April, 1901
London, Baring Brothers.
Oct., 1902
Boston, Treasurer's Office,
1880 to '99
do
do
1901 to 1905
do
Jan., 1901
do
do
do
Jan. A April, 1905
do
do
do
do
1902 to 1904
do
do
1901 to 1904
do
do
Oct., 1905-'6
July,

do
do
London, Baring Brothers.
do

1,949,711

1,000
1,000

1, 1890
i)lea8ure.

July

Balto., North. Central RR.
Jan
Balto., N. Mechanics' Bank Jan. 1, '90

322,640
470,000
394,000
2,248,000
688,000

*100'Ao

Bank.

Baltimorc,Register'8 Office,

do

18T6

Sept. 1,
Sept. 1,
Sept. 1,

Bank.
BaltimorcKcgister's OfBee.
Balto., N. Mechanics' Bank,

1,196,000
1,318,000

1,000

£rooklyn

Aucrmta.—Ot

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

121,,500

500 Ao.

do
do
do
do

do
do
do

do

1,

1876 to '89
1900

A Plan. Bank.
Bank.
A
Bank.

do
do
do

583,205
4,296,800
16,809,175
4,997,603
3,559,600
438,600

1,000
1,000

July

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

500,000
891,646
137,414
800,000
2,000,000
1,000,000
473,900
1,015,300
200,000
500,000
1,375,000
117,000

£100 Ac

1853
1852 to '64
1864 to '76
1873
1869
1860 to '64
1861 to '69
1857 to '73
1862 to '76
1866 to '73

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

railroads,

185,723
5,000,000
1,000,000
1,000,000
1,000,000

1876 to '81

1895-'97

A

do
do
do
do
Balto., Farm.

5.55,566

156,000
100,000
375,000
1,000,000
814,000

do
do
coup, and reg.
1876
Additional supply water
1872 to '75
Various purposes, for water works
1871 to '74
Water l0(m bonds, gold, coupon or reg
1875-'7G

equalized valuation, $58,460,770.

Feb.,

Augusta,
do

1858 to '72 100 &c
1874
1,000
1875
500 Ac.
1869
1,000
1869
1,000

.

ABany.— There are sinking funds for municipal
bonds and for water stock. "The loan to Albany &
Susquehanna is secured by 1st mort. The equalized
valuation of property in Albany County in 18:5
by State Board was: Real estate, $48,799,146; personal, $5,837,088; total, t54,63(),834. In 1816, total

March, 1876 to '94

2,000,000
100,000

100 Ac.

debt, assumed
Dorchester debt, assumed
Charlestown debt, assumed
Mystic water debt, assumed
Brighton debt, assumed
West Roxbury debt, assumed
Water loan, new main Brookline Reservoir.
1858
do
Chestnut Hill reservoir
1865 to '71
do
renewal of loan due '70^71, all reg.
1871
do
do
'72-73
1872
Water works, Roxbury, coupon and registered 1868 to '70
do
Roxbury & Dorchester
1871 to '75
do
Dorchester, all registered
1871
do
W. Roxbury & Brighton, all reg 1875 to '76
.

do
do
do
do
do

100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100

1876

Principal—When
Doe.

New York.
May, 1879
do
June, 1880 to '84
Boston, Merchants' Bank. Feb., 1885 to '94
New York.
March, '95 to 1900
do
Nov., 1910, 11,'12

$246,000
46,000
151,000
348,000
529,000
242,000
118,000
500,000
400,000

250 &c.
500 Ac.

Various.

Water loan

Rate.

1,000,000
103,000

1841
Various.

—

Renewal city debt, sterling
For city purposes, war debt,
do
do
do
Burnt district, sterling loan

Value.

1854
1864
1866
1870

draft«dmen
Purchase Congress Hall Block
City improvement
Waehiugtou Park
Relief of

INTEREST.
Where Payable and by
Whom.

Amount

Bonds.

New Post Office

[October 28, 1876.

700,000
465,000
375,000
350,000
100,000
648,000
366,000
3,452,000

138,000
213,000
90,000
552,000
302,000
260,000
233,000
278,000
326,000
190,000
230,000
544,000
278,000
427,000
3,000,000

Brooklyn,

do
do
do
do
do
do
do
do
do
do

do
do
do
do
do
do

1,750,000
8.016.000

500 in 1875; and nersonal, $222,732,400, agninst $2.M,998,400; upon which the rate of taxation is $12 70
per $1,000— $11 68 of this for city and tl 02 for State
purposes, against a total of $13 70 per 81,(X)0 in 1875.
The total debt, both funded and unfunded, at the
close of the last fiscal year, April .30, 1876, was
$43,9S3,t65, and the siukingfunds, bonds, mortgages,
Ac, $16,880,887. The sinking fund provisions are
sufiicieiit to meet the debt as it matures. In March,
1876, Mr. Turner, city auditor, gave his estimates for
the revenue required for the coming financial year
1876-77, commencing May 1, 1876. This estimate is

.Bd^imor*.-The fiscal year of Baltimore ends
with Oct. 31. The city credit has been loaned extensively to railroads, in exchange for their securities, which it holds to a large nominal amount. The
sinking fund for Bait. & Ohio R.iilroad $5,000,000
loan is $1,746,973; West Maryland Riilioad sinking
fond, $149,1W; and the total of the several other
sinking funds, $6,457,861. The Bait. & Ohio BR.
pays interest on $5,000,000 loan; Water loan is oaid
by income of water works, and Public Park by City
Passenger Railway, and out of a total debt of
$32,94.3,435 only $10,154, '.DJ is dependent on the tax
levy.
The a.5se»sed value of property in 1876 is
$281,503,149; tax rate, 1870, $1 80 on the $100 for city
purposes, and .nx tor State. Population in 1870

Per centage.

During the last forty years, with a single exception, the taxable valuation has shown an annual
increase. Mayor Cobb's message, January, 1876,

amounting to

gives a net decrease of debt in 1875,
$306,S79. (V. 23, p. 61.)

SrooWya.- There are also $27,000 7 per cent. Nat.
Guard bonds due 1880-81. The Mayor's message,
dated January 1, 18^6, made the whole city debt as
follows:

Permanent loans
Siukingfunds

the appropriations granted by the City Council, and
income to be received, compared with the estimates

was

Pi

1879 to '81
1891
1887
1885 to '94
1881
1877 to '90
1877 to '90
1877 to '90
1877 to '86
1877 to '95
1877 to '95
1877 to '90
1877
1879
1901 to '24
1907 to 1908
1915 to '24

267,354, against 813,418 in 1860.

(V. 22, p. 589.)

Bangor, Me.— The valuation of real and persona!
property is $11,054,211; rate of taxation, 2.50 per
cent. The loans to European & North American
Railroad and to Bangor & Piscataquis Railroad arc
eecurcd by first mortyages on those roads.
.Boston.— The population of Bsslon in 1870

was

292,497, against 177,8i» U. 1860; in 1875 itwas, 841.919.
Valuation c: ival property in 1876, Including the recc!i:.uincxation3, was $526,145,700, against $553,76!1,-

based on an assumption of meeting the actual wants
of the municipality and avoiding the borrowing of
money for other than the water works, and extensive
and costly improvements; the tax per each $1
will be reduced from $11 70 last year to $13 45 per
^__
$1,0C0 this year. The followmg is a comparison of
for 1S75-6;

Income

1875-6.
$13,302,305
2,861,425

1876-7.
$11,319,387
2,939,900

$9,437,880
283,136

$8,279,487
247,385

$9,721,016

Appropriations

$8,527,872

Placing the tax to be ptud to the State at the same
as last year, the estimated tax warrants exhibit the

following result:
1875.

City and County
State
Total

by

1876.

$9,721,016 OO
802,130 00

$8,527,8;3 00
?4i,93i OO

taxation.. $10,523,136 05

$9,270,801 00

$26,063,000
3,462,786

Balance

$23,600,283

Loans chargeable on specified property

Tax

certificates

.

10,053,000
2,.379,000

Total....
$35,031,263
Mayor, stated that the debt chargeable on
taxation decreased in 1875 t5,2JC against an increase
of $512,089 in '74, $2,426,516 in '73, $1,591,411 in '72,
and $3,590,531 in 71. Population in 1870, 396,200,
against 266,661 in 1860. Valuation of property in
King's Co.
1875, by the State Board of Equalization

—The

m

$200,557,586 for real estate, and personal. $19,806,136;
in 1876, total real and personal, $2.30,939,534;
they estimated the true value of real estate In
1874 as $420,393,740.
The Supervisors assessed
of
Brooklyn in
the
total
taxable property
1875 at J;Si5,176,755. or about 65 per cent of true
Tiioe. The debt of Kings County, separate from
the debt of Brooklyn, is $3,9.36,0l0. of whieh tint
city is responsible for about $.1,739,200. Av»rage
tax rate in 187,5, $3 11 per $100, againet $3 52 in
1873. (V. 20, p. 630; V, 22, p. 589.)
1871, and $3 46

m

I

.
.
.

;

.

CITY SECUKITIES.

October 28, 1876.]

iz

Subaerlbera \rUl eonfer a Kreat <kTor bf Klvinc Immediate notice of any error dlaeoTored In tbeae Table*

DESCRIPTION.

Date of
bonds.

For ezploiuitioiui see uotea on flrat page of tables

Slue or

par

INTEREST.

Amount
outstanding.

value.

Bate.

Principal— wbea

When

Wliere payable and by

payable

vuom.

one.

Srovklifiv— (Continued)—

Prospect Park loan
Defloleaoy bonds

Permanent watoi- loan
do
do
Sewerage fund bonds, continuous,

1860 to '72 $1,000
1872
1,000
1857 to '72 1,000
1872 to '75 1,000
local

do
do
S'th B'klyn
Assessment fund bonds, continuous, local
Central and Knickerbocker av. sewer bonds.
Boulevard bonds

Temporary tax

—

oertlfloates

Siifulo, N. Y
V uuded debt bonds, various purposes
Buftalo & Jamestown Railroad
Buffalo New York & Fhlladslphla Railroad.

Water works bonds
Water bonds, coupon
Park bonds (Act May

1870
1873
1872 to '73
to '75
to '75
to '73
to '76
187(5

17, 1875)

Tax loan bonds
Chartetton, S.
City stock
City bonds, coupon
Fire loan bonds, coupon
Conversion bonds, to redeem past due debt.

C—

618,000
842,000
1,400,000
2,200,250
1,000,000
750,000
2,779,382
100,000
100,000
199,493
4,119,093
51,500
297,700
281,500

1,000
....
....

1853 to '54
1866

—

7
7
7
7
6
6
7
6
6
7
7

5,048,.50O

....

.

1015 to '24

Brooklyn,

7
7
7
7
7
7
7

203,000

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

1853
1873
1871
1868

6

1,399,000
1,950,500

A
&

7

9,60(),000

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

1876
1876

.

$1,217,000
319,000

J.

do

188i'tol909-

do
do
do
do
do

J

3 years from dat«.
3 years from date,
3 years from dat«.

1880
1875
1876-7

do
do
Various
Various
Various
Various
J. & J
M. <Se B
J. &. J

Buffalo and

Now York.

1876 to 18i>*
1893 to 1895

Buffalo.

and New York.
do
do

1881tol89S

Buffalo

1878 to 1026
July 1, 1896
1986

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

do

,

l>rior to

July

do

do

Various
J. & J

1,

1878-'81

1875 to '99
1883 to 'e*
1890

Cbarle«ton.

New York City.

Chicago

Water loan
do
Sewerage bonds
do
River Improvement bonds
Municipal bonds
Municipal and School bonds
South Park loan (secured on South. Dlv.)
West Chicago Park (secured on West. Dlv.).
Cook County debt

....

...
....

.

1870to'72

500,&o.
1,000
1,000
500 Ac.
1,000
1,000
500 &0.
i',6oo

1863 to '72 500 &c.
Oineinnaii—
To build Eggleston avenue sewer
1868
B2
1,000
Loans to Railroads
F, A, G, H, I& M 1842 to '54
1,000
Bonds to O.ife M. RR. to purchase whf. prop.N
1855
1,000
Bonds for erection of a Workhouse
1868
1,000
Bonds for Water Works
1868
1,000
C2&C3
Bonds for (Jommon School purposes
1868
1,000
P2
Bonds for Con raon School purx>ose8
P 1860 to '61 1,000
Bonds to O. <& M. RR. to purchase whf. prop. .N
1855
1,000
Bonds for ext. ana impr. Water W. .C, D. & E 1847 to '50 500 &c.
Bonds tor f undiug Hoatiug debt
A2 1847 to '48 500 Ac.
Bonds for new Hospital
S&S2 1867-'68
1,000
Bonds for funding floating debt
L
1863
1,000
Extension and improve. Water Works... K &F
18.53
1,000
Bonds to purcliase Orp'n Asyl. grds, for park.O
1858
1,000
Bonds for sewerage
R
1869
1,000
Bonds for improving (Jilbert avenue
1869
1,000
U
Bonds to build Eggle«ton avenue sewer
B3
1869
1,000
Bonds for impi'ovcment
1871
1,000
Bonds for Water Work purposes
C4&C5 1871-'72
1,000
General improvement
1871
W2
1,000
1872-'74 500 &c.
Cincinnati Southern BR
do
do
1874
1,000
do
do
gold
1876
500 &0.
Floating debt bonds, coupon
1874
1,000
Park Improvement
1875
1,000
Water-works bonds
Dl
1875
1,000
1

W

.

CUveland—
Water works ($100,000 are 6
Fiuided debt ($225,000 are 6

p. ct.)
p. ct.)

Lake View Park
Viaduct, street and bridge ($3()6j6<)6 6 pi
School ($274,000 are 6 p. ct.)
House of Correction
Main sewers, special assessment

ot.)

1854 to '75
1854 to '74
1872 to '74
1874 to "75
1873 to '75
1864 to '71
1868
1860 to '74

916,000
3,660,000
87,000
2,550,000
2,621,000
100,000
3,423,000
2,000,000
640,600
3,681,500
150,000
1,075,000
210,000

250,000
300,000
100,000
99,000
195,000
397,500
146,500
750,000
60,000
175,000
100,000
150,000
150,000
100,000
136,000
450,000
600,000
700,000
10,000,000
3,000,000
1,000,000
50,000
300,000
1,575,000
1,722,000
315,000
195,000
718,000
424,000
200,000
688,300
1,393,000
856,600

....

Street Impro vem' ts do
Street openiugs, &c, do

&
&
&
&
&
A
&
&

6

7
6
7

7
6
7
7
7

6

&7

7 3-10

New York and

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

do
do
do
do
do
do
do

J.

AD.

6

A.

A

O.

6
6
6

J.

A

J.

AN

7 3-10 J. A D
7 3-10 Various
7 3-10 J. A J.
6
J. A J.
M. AN.
6
M. AN.
6
7 3-10 Various
Various
M. A S.
7 3-10 M. A S.
7 3-10 M. A S.
7 3-10 A. A O.
7 3-10 M. A S.
P. A A.
7
7
J. A D.
J. A J.
7
7 3-10 J. A J.
M. A N.

7
7

6&
6&

M.
J.

F.

7
7

7
7
7

A
A
A

N.
J.

A.

1856 to '72 1,000
1866 to '71 100 &c.

Subscriptions to various railroad stocks
Bonds for funding and other purposes

A

Bonds
Bonds

do
do
do
do
do
do
do

J.

J.

A

J.

Various
Various
Various

Various
Various

329,000
243,800

Am. ExchaDge Bank,
do
do
do
do
do
do
do

Various
Various

Oolumbut, Qa.—
Dttroii,

1890
1873 to '89

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

6&7
7
6&7

1880 to '99
1890 to '95
July. 1896
1881 to '99
1874 to "79

Dec., 1878
1878 to '84
do
Nov., 1885
do
June, 1838
do
1888 A 1889
do
July, 1888
do
Jan., 1890
do
Nov., 1890
do
April 1, 1895
N. Y., Am. Exchange Bank,
March. 1897
do
do
1897
do
do
Jan., 1900
do
do
June A Oct, 1900
do
do
March, 1908
Cincinnati.
Sept., 1899
N. Y., Am. Exch. Nat. Bk.
Sept., 1899
do
do
do
Oct., 1899
do
March 1, 1886
do
do
A«g., 1886-'97
do
do
do
Dee. 1, 1891
do
do
July 1, 1992
do
July 1, 1902
do
do
May 1, 1906
New York or London.
May 15, 1904
N. Y., Am. Exob. Nat. B'k
Jan. 1, 1896
do
do
Aug.,'85, '90*'9&
do
do

N. Y.,

Various
M.

to -sa

July 1, '82 to '95
July 1, 1880

do
do
do
do
do
do
do

Various N. Y., Metropolitan Bank.

6
6

««

1877

Boston,

do
do
do
do
do
do
do

1878 to '95
1876 to '94
1887 to '92
1894to*95
1893 to "95
1876 to '88
1878. '83

A '84

1876 to '92
187^to'84
1876 to '86

New York.
New York and Columbus.

1876 to '95
1876 to '89

Mich.—

Market House bonds

1855 to '59
1855 to -76
1859 to '71
1872 to '74
1869 to '74
1870 to '75
1872 to '73
1865 to '66

Consolidation bonds

1875-'76

for various City purposes
for Water Work (jo., on city's credit.

Public Building stock (City Hall) bonds
Public sewer bonds
Elizabeth, N. ,7.— Improvement bonds
Fimded debt bonds
Scliool Hou.se bonds

.

Buffalo— The tanAei

Various N. Y., MetropoUtan N. Bk.
do
do
Various
Various N. Y., Metropolitan N. Bk.
do
do
F. A A.
Various N. Y., Farmers' L. A T. Co.
do
do
Various
do
do
Various
do
do
Various
do
do
A. A O

125,400
1,301,000
684,000
272,500
1,907,000
763,000
90,000
66,000
2,123,000

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

debt, Jannary], 1876, was
Assessed Valne.
Tax
,
Year.
16.743,199, and floating debt, t.3%,09i In 1875 real
Real Estate. Per. Estate. Rate.
and personal property were assessed at $39,968,105; 1871
$236,898,650 $52,847,820
10 00
in 1870 rule of valuation changed and assessment 1872.
239.1M,890
45.042,540
15 00
was $111,995,905. Builala also pays 7-10 (being 1873
262,969,880
49,103.175
18 00
18 00
258,549,310
45,156,830
f7ia,390) of Erie county del)t. City tax-rate, 1875, 1874
35 55 on the $1,0(,0.
In May, 18T6, $125,000 7 per Population in 1870 was 306,605, and in October, 1874,
cent ccrtiflcatea of debt, in pieces of $5,000. Ac, 395,226, agamst 109,260 in 1860. Cook
is all
were issued, due 1881. (V. 2i. p. 233, 5JI ; V. 23, p. 135.) 7 per cent, and interest is all payable inCo. debt or in
J.
J.,
Charletton, S. 6'.— The bonds of Charleston are M.
N. The So. Park, W. Chicago Park, and Linmostly held within the State of South Carolina. coin Park loans are not debts of the
citv, but of
The total assessed value of property in 18t3 was distinct corporations.
(V. 21, p. 207; V. 22, p. 457,
$27,978,991; rate of tax, 2 per cent. Sinking funds 544.)
reduce the total debt to $4,672,66.3.
Chicago.— The total funded debt at the close
Cincinnati.— In addition to the issues above
of the year 1875 was $13,457,000.
C3ertiflcatcs named, there remain several smaller amounts, as folof indebtedness, $4,641,096.
Assessed value of lows: $108,000 58. November, 18?5; $56,000 (YY2,
real property, '74, $258,.')4»,310; personal, $45,155,8:*) O.) 6s, 1886-88; $17,000 6s ((>.), Nov., 1890; $27,Ono
—total, $.)03,705, 140. Tax rate, 18 mills. The Illi- 6s (A.), Mar., ;.f97; $50,000 (US.), Aug., 1897; $50,000
nois State valuation is $224,118,620, and the ciiy (Z.), Nov.. 1838.
B/ the census of 1870 population
debt is limited to 5 per cent of that. Of the was 218,900, against 161,044 in I860. Tax rate for
funded dclit, $4,681,000 is on account of the 1875, $2S 82 per $1,000, again-t $2:1 38 iu 1874. SinkWater Works, which last year yielded an income ing funds arc $4.36,440, against $7,'i00,000 of old
of $730, 144. (tuestion having arisen as to whether debt. The following table from tlie books of tlie
ccrtiflcates were not an increase of debt, and tliero- Auditor of Hamilton County, Ohio, exhibits the
fore illegal, an srdlcance was passed autliorizing assessed valuation of the city of Cincinnati in the
the Comptroller to make an endorsement thereon year 1860 and from 1810 to 1S74:
that they "were issued upon tlic appropriations and
Rate tax
tax levies of the city." Some certificates went to
Real
Personal
Total
per
protest. See V. S2, p. 544.
Year.
estate.
estate.
valuation.
$1,000.
Assessed Value.
Tax 1860.. $61,620,901 $31,411,812 $93,032,716 $17 45
Year.
Real Estate. Per. Estate. Rate. 1870.
78,'m6,482
57,370,754
1.30,107.236
81 60
$31,587,645
$5,552,300 $15 00 1871.. 123.427,888
56,934,044
180.361,932
20
66,495,1)6
19,447,941
20 00 1S72.. 119,621,856
55,462,410
175,084,29.1
20 10
140,aW,040
51,392,604
13 00 1873.. 121,479,230
64,166,460
2:1 06
185,645,740
IQQB.,
174,505,410
63,989,469
14 00 1871..
23 88
181,950,074
isee.;
2Il,3rl,aiO
54,653,640
15 OO 1875
126,976,815
58,521,730
28 82
18».498,665
1870.
223,(i43,600
62,342,950
15 00 —The city will be the sole owner of the stock of Uie
.

&

A

A

,

m

1876 to '89
1876 to 1906
1879 to '91
1892 to '94
1877 to '85
1880 to '95
1881 to '93
1876 to '86
1885 to '98

Cincinnati Southern Railroad, in order not to violate the law prohibiting cities, Ac, from giving aid
in building railroads, Ac.
(V. 20, p. 14; V. 21,
511; V. 32, p. 209; V. 23, p. 879.)

p

Cleveland.— The total valuation of property for
taxation is $73,305,277 and tax rate 18 15-20 mills, of

which
fund.

6!< mills arc levied for interest

The sinking

and sinking

fund, January, 1876,

amounted

market value. The sewer, street imftrovement aud street opening bonds are for special
ocal Improvements, and redeemed by asseesmente
on the property benefitted.
to $1,700,000,

Columbuf,

Ga.— The

total

debt

is

$588,500,

and

the annual interest required about $10,000. Bonds
are all coui)on, and were issued in small amounts
25,000 fall due each year. City holds
as wanted
some stocks and other property. V^aluation of real
;

estate, 1875, $3,983,575.

(V. 23, p. 403.)

Detroit, Mich.— The population iu 1870 was 79,601
The value of
in 1874, by State census, 101,083.
waterworks is $1,589,688, against a debt of $1,100,000.

arc issued on a pledge
of the city credit, and $75,000 per year colAslected in taxes to pay interest on them.
sessed valuation, 1875, real estate, $20,225,875;
personal, $7,448,755-total, $27,774,030; true value
Tax rate, $3 92 per
estimated at $92,582,100.
$100.
Klizabeth, K. J"—Total debt of the city of KliMbeth October, 1876, was tated at $5,000,000, as follows: General debt, $1,000,000; assessment debt,
The sinking fund has to Its credR
$4,000,000.
Valuation of real and personal property,
$4.50,000.
Tax
$.32,000,000; assessed valuation, $16,000,000.
rate is $2 68 within the lamp and water district, and
$2 28 ouuide. Population in 1876, 26,600.

The water works bonds

:

.
,

CITY SE0UBITIE8.
Sobscrlbera

irlll

eonftr a icreat fltTor by slTlng Immediate notice of any error dUcovered In tbe*e Tables.

DESCRIPTION.

Dateot

Size or

Amount

Bonds.

par

outstanding.

For explanations see notes on first page of tables
Balveston, TexasBonds for liarbor

[October 28, 1875.

Improvement

Value.

1869 to '74

$71,500
35,000
766,500
200,000

City park bands (purchase of bloolt 321)
1873
Bonds for various purposes
1860 to '74
Galveston County bonds, G. C. & S. F. KB....
1876

Bate.

INTEREST.
Where Payable and by
Payable
Whom.

When

8

J.

&

J.

Galveston.

M.

log.
10
10

<Sc

S.

do
do

Various

&

J.

1880 to '87
1892 to 1908
1874 to '95
1906

New York.

J.

Principal—When
Due.

Indianapolis—

Bonds to railroads
series

do

C

Porobase-money bonds—Southern Park
School bonds By Board of School Comm'rs.
Jerteu

—

OUy—

.

Water loan bonds, mostly coupon
do
do
do
Forty-year bonds

Improvement bonds
do

do
dock

Morgan

street

1,000

145,000
300,000
300,000
300,000
200,000
109,500
100,000
1,418,000
3,109,800
622,000
1,866,000
3,433,000
125,000

City bonds, coupon

Various.

Funded debt bonds
Hudson City bonds

Various.

1872

Bergen school loan bonds
do
sewerage bonds
do improvement and water bonds
do bounty loan
Greenville street Improvement bonds
Ten-year bonds, coupon or registered
Jjoxlitville,

Ky.

1869
1869
1869
Various.
Various.

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

500

1,000
1,000
Various

921,000
500,000
171,050
150,000
400,000
152,000
103,000
249.000
150,000

l,000&c
l.OOO&c
l.OOO&c
Various
500 &c.

1876

—

For Jefferson ville Bailroad stock
Subscription to stock of L.

500

1852 to '67 1,000
1869 to '73 1,000
1873
1,000
1871
500 &c
1872 to '74 1,000
1870
1,000

A
B

L<oan bonds, series

Loan bonds,
do
Loan bonds

1869 to '70
1873
1874
1874
1875
1874
1873

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

& N. BE

Waterworks
do

For Improvement of streets
Be-constructtng street
Public buildings and institutions
Public school and school houses

Sewer bonds
do
Elfeabeth&P. BaUroad
Wlarf property
Jail bonds
For old liabilities
do
do
Louisville, Kew Albany &

149,000
404,000
1,350,000
76,000
201,000
600,000
650,000
234,000
81,000
425,000
1,993,000
352,000
136,000
90,000
614,000
500,000
107,000
350,000
1,508,000

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

'54,'62,3,8

Water bonds, coupon
do

registered

MobO^Clty debt, A,B,
City debt, D, E,

Bonds to Mobile
Bonds to MobUe
Wharf bonds

C

& Great Northern Railroad..
& Al. Grand Trunk RR

New f imding bonds
NashviUe, Tenn.—

& Chattanooga Railroad

Various city bonds

Neuark—
Bonds, various city purposes (s. fund of 1869)
War bonds, floattus debt, &c. (s. fund of 1864)
Public school bonds
Clinton Hill bonds, coup. & rep. (s. fd. 3 p. c.)

Sewer and improvement bonds
Aqueduct Board bonds
Tax arrearage bonds
Sew Orleans—

(local liens) .

Galveston,

reto*.-The

all

are 10

total city

per cent,

8

7

Indianapolis— The assessment of taxable prop-

CUi/.—The total bonded debt of the city,
April 1, 1876, was stated at $14,300,000. The sinking
fund was $650,565. Assessed valuation, including
railroad property, in 1875, $88,496,885. on which the
tax rate is $3 68 per $100 on $68,496,855, and 1 per
cent on railroad property assessed at $11,000,000.
Population by State census in 1875 was 116,88-3,
against 85,000 by V. S. census of 1870. (V. 31 p.
Jerse-y

521.)
1,

1876,

&

6

7

1893
1894
1804
189S
1899
1878

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

Jdy

Jan.
Oct.

do
do
do
do
do
do
do
do
do
do
do

3.

&D

1892 to '94
June 8, 1900

do
do
do
do
do
do
do
do
do
do
do

Various.

JiUy

June

N. Y., Mercantile N. Bank,

do
N. Y.,

do

Bank

of America.

do

1,

1896

Various.
Jan., '98 to 190*
July, 1889
July 1, 1879 & '89
Various.
Various.

1887, '89, 91

March

do

Louisville.
N. Y., Bank of America,

1886

1,

AprU,l»82
April, 1883
1,

1883

1886,' 96, '97

6

J.
J.

6
6

7
7
6

6
6

7

7
7
7

&
&

3.
J.

%'

M.

&N.

7

J.

5

J.
J.
3.
J.
3.

Memphis.
N. Y., P. M. Myers

&"j.

7
7

7
7

1875

400,000

7

1,000
1,000

4,394,250
1,478,000
908,700
1,600,700

6
6
5

5
8
8

8
8
8

M.

do

& Co.

do

Charleston,

&

N. Mobile, Mob. Savings

Bank

Various
Various

6
7
7

7
7
7
7

7

New York,

Various
Various

Newai'k, City Treasury,

do

& O.
do
do
J. & J. Newark Meoh. Nat. Bank,
M. & 8.
do
do
Various
do
do
F. & A.
do
do
New Orleans,
J. &. 3.
Various
do
do
J. & J.
M. & 8.
do
A.

Memphis, Tenn.— The city has been in default for
1, 1873.
The total floating debt
was $1,9;0,922, and there were
assets (unpaid taxes, &c.) to balance
this of $1,840,041.
plan has been suggested
for settling the deot, by scalmg one-third and
havins; a " drawing " system for the balance. The
City Council declared the funding and paving bonds
issued by Mayors Leftwich and Lofland 186f-8-9 to

interest since Jan.

have been issued illegally, but allowed the coupons
to be received, pro rata, according to the amount
realized by the city for the bonds; but a decision
of Tenn. Supreme Court, December, 1875, was
against the city on this point. Assessed valuation
of real estate, 1875, $19,329,600; pergonal, about
$6,500,000.
Tax rate, $2 per $100. Population in
(V. 21, p. 186, 570; V. 23, p. 379.)

Milwaukee.— The

city cannot issue debt beyond 5
average assessed value for five years,
which is $43,545,000; in 1876, valuation was $38,743,43i real, and $14,931,783 personal property; tax rate
in 1875, 85.64 mills. Sinking funds are provided for
all the bonds.
There is also about $180,000 scrip
issued to settle old railroao bonds. Population by
State census, 1875, 101,000. (V. 17, p. 187, 638, 691.)
irs

Mobile.—The valuation of property in 1876 is $12,894,825 real estate and $6,377,716 personal property;
tax rate, l>f per cent. Interest has been in default
since July, 1878.
settlement with bondholders was
offered by Act of March 9, 1875, viz.: $510 in 6 per
cent bond for $1,000 of the old 8 per cent. The 5
per cent bonds have a Men on city revenue, and
exchange for these was offered at 75 per cent of

1873 to 1902
1873 to 1900
Nov., 1900

June
Jan.

June
Jan.
Jan.

1,
1,
1,
1,
1,

1891
1901
1896
1902
1902

1875 to '91
1875 to '86
1885
July, 1899
Nov., 1895
TUl 1901
1901
Nov., 1905

1876 to '93
1878 to '91
April, 1888, to' 91
1, 1896
1879 to '93
1876 & 1892
1836

July

Jidy 1, 1892
1874-5 & 1894
Jan.

March

1,
1,

1899
1894

their face. Up to October, 1876, there had been
settled, $1,330,000 of old bonds, $187,000 of interest
and $75,000 chan<re bills, making $983,000 new
bonds issued in all, 'and leaving the amounts outstanding as above given. Population about 38,000.
(V. SO, p. 303.)

1876,

A

1,

1875-77-;79
1876 to '94

do
do

July

July, 1872

8. C.

& D. MEw. and N. Y., A. Goettel
& 3.
do
do
& D.
do
do
& 3.
do
do
do
& J.
do
& J. Mobile, Bank of Mobile,
do
& J.
do
do
& 3.
do
& 3. N. Y., Merchants' N. Bank.
&N. Mobile, City Treasury.
do
do
& 3.
& 3. N. Y., Merchants' N. Bank.

426,974; for 1869, $63,384,091; for 1870, $70,806,712;
for 1871, $76,845,995; for 1872, $77,166,642; for 1873,
$77,335,372.

A

July
July
July

6
6

7

6&
6&

1870, 40,830.

Jan. 1,1889, to '90

1903
Various
do
do
1891, '92 & 1903
Various New York and Louisville.
1883 to '89
J. & J. Louisville, City Treasurer.
July, 1898
J. & D.' N. Y., Bank of America,
June, 1901
Various
do
do
1888 & 1903
Various Louisville and New York,
1878 to 1898
A. & O.
do
do
Oct. 1, 1898
do
1889
J. & D.
do
Various
do
do
1880, '94 & 1901.
M. & 8 N. Y., Bank of America,
Sept., 1891
F. & A.
do
do
Feb. 1, 1880
do
July, 1901 & 1908
J. & J.
do
Various New York and Louisville.
1881 to '93

378,000
1,890,000
500,000
400,000
2,500,000
3,030,000

July 1,
nominal

& Co.

do
do
do
do
do

N. Y., Merch. Ex. N. Bank, Jan., 1877 to '95
do
do
1899 to 1913
do
do
July 1, 1913
do
do
May, 1891

3.

A.
A.

6
6
7

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

per cent of

exclusive of railroad loans, was $8,.330,000, against
$8,604,000 January 1, 1875. Of the $8,330,000 there
is payable out of the sinking fund $3,706,000; payable by special tax, $4,6S5,(K)0. Assets of the sinking fnnd, Jan, 1, 1875, were $3,180,035. Population
by census of 1870 was 100,750, against 68,033 in 1860;
now estimated upon tho basis of 7 to a voter makes
130,000. Assessed value of property, about $79,100,000. Real value, $100,000,010. Rate of taxation
for all city purposes in 1875 is— Eastern District,
$3 27 on $100; Western District, $2 33; State tax,
45c. The following figures give the assessed propertj valuation for the past six years. For 1868, ^9,-

&.

do
do
do
do
do

J.
J.

& O
& O.
Various
M. & S.
Various
J. & J.

6

6

1869
1869

erty in 1874 was $67,301,546; taxes for that year,
$510,086, or a levv of $1 35 per $100. Total debt
June 30, 1875, was $1,455,000. The School Board is
a distinct organization from the city, created by a
separate act of the Legislature; levies its own tax,
which is collected by the City Treasurer. The city
warrants are discoaated when sold. The floating
debt of this character, Jan. 1, 1875, was $300,000,
'
payable during this year.

<fe

N. Y., Winslow, L.

J.

Various
J.
3.

7

315,000
1,065,000

1876

debt is $873,000
currency except

3.

7
7

'500

1884-55

«c

& J.
& 3.
& Q.
6
J. & J.
7
Various
7
J. & J.
7
M. &N.
7
Various
7
J. & 3.
6&7 Various
7
J. & J.
7
Various
7
J. & J.
7
J. & 3.

1,000
1,000

500 &c.

1852

&

A.

30,700
122,300
152,000
460,000
319,000
157,000
277,000
988,000

1,000
1,000
1,000

.

$106,500.

LtmisviOe.—Tbe funded debt, January

lOO&O.
100 &c.

&c,

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

.-.

Consol. debt ($650,000 applicable yearly)
Riillroad debt
Waterworks loan of 18G9
Seven per cent funding loan of 1869.
of which

1866
1866
1859
1870
1870
1871
1871
1875

J.
J.
J.
J.
J.

1849
1866 to '76

F

City funded debt
To Mobile & Northwestern Railroad

NashvlUe

500

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

356,832
243,000
100,000
429,000
1,171,000

UHwaukee—

1861
1871
1876
1872
1872

City Treasury.

Jan.

787.500
2,362,000
341,000
70,000
300,000

1868
1869
1870 to '74
St. L. Air Line BB.
1871
Change of gauge, Lotusv., Cln. & Lex. BB
1871
Eoadoed
do
do
1871 to '73
City bonds payable by railroads
1851 to '63
Memphis, Tenn.—
Sonool and paving bonds
1867 to '68
Post bonds
i
1867, '8, '9 500 &c,
Fundifl|g loan, gold
1870
1,000
Mississippi River Railroad bonds
Endorsement Memphis & Little Rook ER
1857
1,000
Se-adjustment bonds
General city bonds
do
do

6

—

Nashville, Tenn. At the close of the fiscal year,
Sept. 80, 1875, there were $131,100 of past due bonds
$1.36,440 unpaid coupons. The total debt was
$1,737,2S2, Assessed valuation of all property, abo»t
$13,625,775; tax rate, 1875, 2 per cent.

and

Newark.—The bonds in the first line tn the taWe
are payable out of the sinking fund of 1860, which
amounts to $385,368; those in second line out of
sinking fund of 1864, $8 3,757; public school bonds
outofpublic school fund, $89,034; Clinton HUlbonm
by sinking fund, $22,321, against local improvement bonds the city holds $2,568,080 of assessments
unpaid and a lien on the property. Temporary loan
bonds, Jan. 1, 1876, were $767,7,50. Valuation of
real and personal property, 1876, $96,238,000. Tax
rate for all purposes, 1876, $1 90 per $100, against
$1 98 in 1875. Population in 1870, 105,059.
iy«ui Orfe«M».— The total funded debt. April, 1876.
$20,872,338; certificates, coupons unpaid, Ac,
$671,781; otherfloatingdebt,$1.145,.335. Theasscssed
valuation of propertv is $98,463,36!) real estate, and
$36,118,833 personal. State tax, 14X mills; city tax,
scheme for settling the
26 mills; total tax, 39>i.
debt by a bond premium drawing plan is in pia«ti«»,

was

A

and drawings take place Jan. 31, April 15, July 81.
and Oct. 15. Drawn numbers of the premium bonds
outstanding October 31, 1876, were $64,000. Population in 1870, 191,418; In 1860, 138,670. (V.
p. 64. 86, 159, 378, 5ll, 613; V. 23, p. 471. 615; V.
p. 12S, 13S, 397.)

21.
33.

.

:

CITY SECURITIES.

October 28, 1876.]
•akacrlbera will conftr m (treat ftiror hr

DESCRIPTION.

>!> lmme«lBt« notice •t anr error
8lze or

Bonds.

Amount

par

Date of

For explanations see notes ou flrst page of tableH.

outstanding.

Rate.

Value.

<laeoT«r«« la tbeee Takto*.

INT£RKST.
When
Wbere Payabl* and by
Pay'ble
Whom.

Principal— Whea
Due.

—

Orleans fContinuedJ—
Seven per ecnt f imdinfit loan of 1870
1870
Jefferson City (debt axtiumed)
'67, '67,'70
Wliarf Iinpr. bondH (ursKumed by lessees)
1870
Street iiuin-ovenicut bolulH
1871
1,000
CouBoiidated gold bonds (eenoral series)
1872
1,000
do
do
(drainage series)
1872
1,000
Ten per cent bonds, deficit and old claim
1871
Various
Carrollton funding and Improvement bonds.. 1871 to '72
New premium bonds (In exoliauge)

JITeio

166,000
690,000
107,000
653,000
304,000
642,550
7,825
9,138,980

. .

York—
Water stock

A D.
Various

7

J.

New Orleans.

J.

8
7-3
7-3

l|ll,028,.560

F.

l^lS«' A.
8
6

M.

A
A

A O.
AN.

June 1, 189S
1887 to 1997
Deo., 18S0
Aug. 1, 1911
July 1, 1922
Jaly 1, 1922
April 1, 1881
1892 A 1901

do
do

D.
A.

do

New York or London.
do
do
New Orleans.
do

}feu)

do
Croton water stooli
New Croton Aqueduct stock
Additional new Croton Aqueduct
Crotou water main stock
Croton Reservoir bonds
Croton Aqueduct bouds
Croton water pipe bonds
Central Park fund stock
do
do
Central Park Improvement fmid stock
Dock bouds
Floating debt fund stock

Market stock
City Cemetery stock
City improvem't et'k (part red'mable after '96)
do
do
Lunatic Asylum stock
Fire department stock
Fire telejnaph bonds

Tax relief bonds
do

do

1841 to '63
1870
1845 to '60
1805
1870 to '72
1871 to '72
1865 to '72
1867 to '70
1869
1863 to '57
1863 to "57
1867 to '65
1870
1860
1865 & '68
1869

1869
1869
1870

coupon

N.Y. Bridge b'ds ($500,000 red. after July,"00)
Accumulated debt bonds
Street Iniprovemeu t bonds
Street oiieninR and

improvement bonds

Volunteer soldiers family aid fund bonds.
Ninth district court house bonds
Consolidated stock, coupon

Department of Pai-ks Improvement bonds
Assessment bonds
City parks improvement fund stock
Normal school fund stock
Public school building fund stock
Ad<litloual Croton water stock
Sewer repair stock
Consolidated stoBk
do
(redeemable after July '96)
Museum of Art and Natural History stock
Liquidation of claims and Judgments

1863
187i
1871
1871
1871
1871
1872
1874

1873
1873
1874
Third district court bouse bonds
1874
Comity coui-t house stock
1862 to '68
do
do
No. 3
1871
do
do
No. 4&5
1872
Soldiers' bounty fund bonds
1864
Soldiers' subs, and relief red. bonds
1864
1865
X Soldiers bounty fund bonds, No. 3
Soldiers' bounty fund red. bonds. No. 2
1865
Blot damages red. bonds
1864
do
in demnity bonds
1864 to '72
»
Assessment fund stock
1868 to '72
do
do
1873
do
do
1874
do
do
1875
Repairs to buildings stock
1870
Consolidated stock, coupon
1871 to '72
Accumulated debt bonds
1869 to '70
1870
N. Y. and Westchester Co. improvement bonds
Consolidated stock
1874
For State sinking fund defioiency
1874
Debt of Westchester towns annexed
Norfolk, Ta —

Improvement

of Third

lOOdcC
100 i&c
100 Ac
100 &o.

2,420,700
500,000
2,900,000
250,000
3,456,000

100(ifcc.

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

3,ti56,000

1,151,096
8,089.400

700,000
521,953
597,586
2,767,000
3,000,000
2,100,000
6,500,000
3,664,839
1,000,000
266,500
300,000
5,816,500
3,832,.500

13,492,800
6,405,000
200,000
636,000
635,000
265,000
8,779.700
1,556,000
725,000
339,650
41.000
245,000
2,500,000
600,000
158,091
4,000,000
946,700
745,800
376,600
1,000,000
855,204
1,719,400
492,700
252,000
900,450
100,000
8,885,500
6,000,000
30,000
1,680,200
3,899,493
1,500,000

100 Ac.
100 Ac.

avenue— 23d ward

100 Ac.
100 Ac.
100 Ac.
100 Ac.
100 Ac.
100 Ac.
100 Ac.
100 Ac.
100 Ac.
100 Ac.
100 Ac.
100 Ac.
100 Ac.
SOO Ac.
100 Ac.

100
100
100
100
100
100

Registered stock

Coupon bonds
do
do
trust fund
do
paving
do
water (a mort. on water works.)
PMladtlphia,—

1874
1870
1872
1873
1871

New York OKy.— The

New

totol Jdebt of

York,

October 1, 1876, was $167,090,874: the amount of
sinking funds $^9,5.35.22;*. Tiie following siatemcnt
shows the details of funded debt, and the amount,
in the city linking fund at the dates named
Jan. 1, '75. Jan 1, '76. Oct. 1,'76.
Description.
$
S
$
Funded debt
118,241,557 n9,05(>,90.3 121,799,328
Sinking faads.
28,615,778
87,748,307
29,535,229
.

.

Net debt
Temporary debt..
Revenue bonds...

91,625,779
20,8.54,700

92,264,099
22,810,900
21,980.646

91,.30e,596
21,,322,800

2,707,500

4,142,926

The population of New York by the V. S. census
in 1870 was 922..531, against 805,6.58 in 1860.
.Since
Jan. 1, 1861, the valuation of property, the rate of
taxation, and the net amount of funded debt have
been as follows:
^Ratetaxp.
Net
Real
Personal
$1,000.^
Funded
Year, estate.
estate.
State. City.
debt.
$

1969..68t,ia3,918
1870..742,103,075
1871. .769,3 12,250
1872.. 797,148,065

*

(

1861. .406,955,665 174,624,306 .3 6S
1862..,399,556,404 172,416,031 3 87
1863..402,187,:)82 191,967,161 4 27
1864..410,T74.4a5 22:i,9i0,505 5 31
1865..427,360,8S4 18:, 423, 471 4 96
1866..478,S94,9.34 257,9!M,974 3 94
I867..,V56,447,062 276,3S9,t51 4 67
1668..623,-«6,.555 285 199,972 6 13

281,142,696 2 72
80.5,285,374 2 70
.306,947,2:1.3 4 43

306.949,422 6 20

1873..8.36,693,3St) 292,597,643 5 41

1874..881,547.9»3 273.481,181 6 95
J87B..883,643,645 217,300,154 ^-29
v-.jg
1876..
1,11!,C54,000

16
13
16
17

24
...
19

22
70
19
19
17

36
45
08
29
94
06
„.
03
17
98
80
90

r

20,087,301
21,69.5,506

I

I

"

3.3.769,601

Norfo'k.—The

— series

.3.5,973,597

series

Raleigh

,

32,914,421

c

35,98.3,647
47,791.8-10
.S 73,:j73,552

3

88,369,.38fi

83 81 « 9.'),.58J,153
19 59 ,3106,363,471
21 05 Tiis!l87!9fi9
40
116,773 721

—

oo_y

[

A
A
M.A
8
A. A
8
8
J. A
M.A
8
A6 J. A
6
J. A
6
J. A
6
J. A
6
J. A
6

5

J.
J.

_.,.'

&

Ist,

bonds due

April,

issued to A.

Gaston RR. ceries

M;

1892, are

&

two

O. RU. and

to private parties.
Both series are secured by deed of trust on city
property.
Coupons of 1st series are payable at
Citizen?' Bank; coupons of 2d series at Peoples'
National Bank. Tax rate, $1 60; water tax, 40 cts.,
(special); total rate, 2 per cent.
;

2<1,

/•Aito<f«iM<0.— The total funded debt, Jannary 1,
1876, was $55,655,691; guaranteed debt, $5,399,400;
floating debt, $8,691,4.32. Sinking fands, $10,010.30^.
The utt increase of debt iu 1875 was only $453,559.

J.
J.

'92, 96
1889
1889
1884
1879
1890
1905 A 1920
1884 to '88

1876, '77, "78, '86

1879 to '82
1876
1890
1896-1901
Not. 1, 1876 to '80
Nov. 1,1876 to '86
Deo. 23, 1901
Nov. 1, 1891
Nov. 1, 1891
Nov. 1, 1891
Nov. 1, 1882
1894 to '96
May 1,1926
1903
1876
Nov. 1, 1877
Nov. 1, 1890
1876 to '92
1884 to '88
1894 to '98
1883 to '90
1880 to '81
1895 to '97
1891
1877 to '79
1882
1887
1903
1876 to "TS
1910
1884 to '88
1901
1884 to '88
1891
1896
1877 to "36
'

Norfolk, Treasurer's Oflice.

do
do

do
do

8.

J. Phlla., Far.
J.
do
J.
do
do
J.
J.
do

A

1878 to '85
Jan..
Sept.,

O. Norfolk, Cit. A Peop. Banks
J. Norfolk, Treasurer's Oftlee.
N. New York, Park N. Bank.

'

'S

1,

1889.

'

6

A '95

1901 to
1878
1894 A 1897
1888
1889 A 192«

M.
M.
M.
M.
M.
M.
M.
M.
M.
M.

26,185,190

3:1,654,683

"

7

valuations by S'ate Board in 1875,
were $1,205,531,680, of which $9a3,05O,:j99 was real
estate. The true value of real estate is estimated at
$1,935,021,510. By an act of 1874 the towns of West
Farms, Morrisania and Kingsbridge, embracing
about 12,000 acres, were annexed to New York.
From the termination of the Tweed regime in
1871 to January, 1875, the groas increase in debt was
$33,252,049, anil Comptroller Green has claimed that
the old demands existing when he took office,
together with the bonds issued to pay deficiency in
State sinking fund, and for up-town improvements,
aggregate more than tliis whole increase. All unadjusted claims against the city Jan. 1875, were nominally $6,!)71, 1-19, a large part of which the Comptroller claims to be fraudulent and has determinedly
opposed. The outstanding assessment bonds (payable out of local assessments ou property benefitted)
are represented by advances to contractors, advances on Boulevard work, and uncollected local
assessments.
Extract from Mayor's Message of
January, 1876. is given in V. 22, p. 61. (V. 20. p. 14,
29; V. 21, p. 86; V. 22, p. 563; V. 2-3, p. 133, 160.)

2

1876, '87

Nov.

A N.
A N.
AN.
A N.
6A7
A N.
6
AN.
6
A N.
7
AN.
7
A N.
6
AN
7
6
M. A N
M. A N
7
6A7 M. A N
M. A N.
7
M. AN.
6A ? M. A N.
7
M. A N.
6A 7- M. A N
M. A N.
6
M. AN,
6
M. A N.
6
M. AN,
6
6
J. AD,
6
M. A N.
M. AN,
6
M. A N.
6
M. A N,
7
6
M. A N,
6
M. A N.
7
M. A N,
6
M. A N.
M. AN,
6
6
M. A N.
M. AN.
7
M. A N.
7
M. A N.
6
M. A N.
6
M. AN.
6
M. A N.
7
M. A N.
e'
M.A N.
M. A N.
6
M.A N.
M.A N.
M.A N.
6
7
J. A D.
M. A N.
7
7

The equalized

=
.,

6

7A6 g. .AN.
Q.-F.
6
6 A7 ST A N.

500,000
6,940,741
1,725,000
6,500,000
4,853,500
8,690.100

A N.
1.— F.
l.— F.
S.— F.

JT

6
5

1,063,214
29,500
175,500
192,500
189,300

Bonds issued prior to consolidation
do for railroad stock subsidy subscript'uB
1855
do for water works
1855 to '71
Bonds for bridges
1859 to '70
1868 to '70
do for park and Centennial

—P.

TAN.

6
6

7

1879 A 1880
Nor. 1, 1902
1888 to 'go
1884
•Aug. 1, 1900
Nov. 1, 1900
1907 to 1915
1907 to 1911
1880
1887
1898

N.

— F.

6A7

3,341,071

•

A

—P.

6
6

965,637
490,000
450,000
399,300
6,349,800
5,250,000
2,748,000
290,000
75,000

—F.

5A6
AO

5

Mech. N. B'k
do
do
do
do

1394
1890

April, 1392
JiUy, 1893

May, 1901
1876 to '35
1876 to 1903
1876

to

1905

of tlie city for 1375 were
$13,446,451, ciassitted as follows: Judgments, Ac,
$378,422; interest on city loan, $3,734,245; interest
on endorsed warrants, $196,898; sinking funds,
$785,899; warrants of previous years, $i,9.TT,'ll7;
amount paid ou loan warrants. $1,447,80©; for the
erection of public buildings, $530,412; school fund,
t2,4&4; State tax on settlement, $53,515; cash for
The Comptroller's
the departments, $2,389,877.
statement to form a basis for taxation in 1876,
was issued Nov. 1, 1875, making total estimated
liabilities, $26,296,282 64.
Of this amount $9,296,203 was estimated to come
from other sources than taxes, leaving $17,000,060 to
be raised by taxes, at a rate of $30 i>er $1,000 on full
These estimates, however, were
city property.
materially reduced by the Councils, and the tax
rate was 'kept ai $2 15 for full city property. The
foilowiug table exhibits the assessed valuaudn and
tax rate in the city since 1870:

Total disbursements

Real

Personal

tear.

Estate.

Estate.

1870
1871
1872
1878
1874
1875
1876

$470,851,800
491,&14,096
502,415.863
618,214,568
589,003,602
665,849,095
885,408,705

$8,188,873
8,5«8.T»6
8,608,819
8,930.700
9,239,983
9,4S4,873
10,004,873

Rate

Tax

per $1,000
$18 00

WOO

80 80

2150
22 OO
81 SO
81 50

is no large amount of city debt matnring in
the next five years. Assessed valuations for 13T8 are:
Full city property, $5.37.213.282; tax rate. $2 15;
suburban property, $38,381,673; tax rate, $1 46: farm
property, $20,l(iS,423; Ux rate, $1 12X. Popolatioo,.
1870, t74,022, against 565,S!JS in 1660.

There

.

.

CITY SEOURITIES.

SB
8Bba«rlb«ra

irlll

oonfer a cremt faror

DESORIPTION.

by-

Date

cItIbk ImmeAlate moUee of anr error dUoorerad la these Tables.
Size or

see notes on

flrgt page

Amount

par

of

Bonds.
Ifor explanations

[October 28, 1876.

outstanding.

Value.

of tables.

Rate.

miadelvhw—i Con linuedj —
£ond«
do

for

war and bounty purposes
&o

1862 to -65
1860 to '70

mtuiicii>al, school, sower,

Water extension loan (coupon or registered).
Funded debt and other municipal bonds
Compromiso railroad bonds (coup, and reg.)
Bonds impr. Penn .av., &o. (local assessment).
PorOand, Me.—
Loan to Atlantic & St. Lawrence Railroad Co.
do Portland & Rochester Railroad
do
do
do
do Building Loan Commissioners
do Portland & Ogdcnsburg
Municipal—proper
>
In aid Atlantic •& St. Lawrence Railroad Co i
•

.

1868 to '74
1845 to '72
1863
1871 to '73

4,413,400
1,537,280
2,179,469
4,806,700

Providence, X. I.—
Loan to Hartford, Providence & Flshklll
Bonds for public Improvements
Recruiting and boimty bonds
Water loan bonds, gold, coupon and reg

do
do

City Ball &
cp. or reg
Prov. & Springfield RR. bonds, gimranteed..
tf.

Y.

—

lOOO&c.
lOOO&c.
lOOO&c.
lOOO&c.
lOOO&c.
lOOO&c.

1855
1863
1872
1874
1876
1875
1872

£100
1,000
lOOO&e.
Various
1000*0.

cSc

FundlUK loan

San Francisco

&

St.

1875
(gold)

Jose RR., coupon (gold).

Judgment bonds, coupon (gold)
Cen&al PaoUle Railroad, coupon
Western

Pacific Railroad,
Sehool bonds,
Judgment bonds,
School bonds

do
do

do

(gold)

do
do
do

do
Pari improvement bonds
Hospital bonds
House of Correction bonds
City Hall construction

Savannah, Oa.

—

Construction of water works
Improvement of Savannah River
Savannah, Albany & Gulf Railroad
Funding coupons and other purposes
Redemption of bonds
do
do
Bonds for city Improvements
Harbor, Ac, improvements
For floating indebtedness
St.

Joseph,

1,500,000
1,400,000

m'nthly
A.
3.

5

J.
J.
J.
J.
J.

5A6g.
5

1858
1862
1863 to '64
1864
1865
1866 to '67
1867
1870 to '72
1874
1872 to '75
1871 to '73
1874
1875 to '76

500
500
500
500
500
500
500
500
500
500
500
500
500

J.

J.

County bonds

7
7

1,000
1,000
500 Ac.

198,000
64,500
937,500
368,800
117,000
349,500
534,000
500,000
400,000

1860 to '69
500
1869
500
1858 to '69 100 Ac.
1871
500

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

500

Paul, Minn.—
Revenue bonds
Preferred bonds
8 per (sent bonds

&

Mississtppi Railroad.
~' ~
""
" oad.
"
St. Paul & Chicago Railroi
Public Park (Como.)
Toledo, O.—
General fund and deficiency bonds, coupon. .
Toledo & Woodvllle Railroad, coupion
Various City purposes, coupon
'

do
do

do
do

do
do

Floating debt, coupon

Waterworks
Short bonds, chargeable on special assessm'ts

Providence.

S,

do
do

J.

J.
J.
J.
J.

A

J.

Sept.,

Boston, Prov. and London.
N. Y., N. City Bank, A Prov.

do
do
London, Morton, Rose

A Co

N. Y., Metropolitan N. Bk,
New York and Rochester.

do

A J

do

N. Y., Union Trust Co.

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

6

g.

IB6g.

7

do

7
7

7
7
7

7

6
6
6

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

450,000
1,490,000
100,000
500,000
600,000
450,000
2,300,000
500,000

7

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

500 Ac.

1868

1,000
'70,'71,'74

1870
1859-'65
1859-'74

1869 & '73
1867
1873 & '74
1873-'75

519,500
453,000
45,349
589,500
45,000
98,000
1,000,000

728,000

A A New York and
AN
do
A D.
do
A J.
do
M. A N.
do
J. A J
do
M. AN
do
do
J. A J.
J. A J.
do
M.

6

%'
6

1878 to 1903
1893
1876 to 1902
Jan. 1, 1003
1906
1,

1883

1877 to '78
Oct. 1, 1883
July

May

1,
1,

1894
1395

April 1, 1881
Oct. 1, 1887
June 1,1 88(2 to '90

July

1,

1894

1897 A 1904
Nov. 1, 1891
July 1, 1894
1899

Savannah.
do

do
do
do
do
do
do
do

J.
J.

Jan.,
Jan.,
Jan.,

Jan.

Various N. Y., Nat. B'k Commerce.
7
M. A N,
do
do
10 A 6 Various St. Joseph and New York,
XO
A J. N. Y., Nat. B'k Commerce,
J.

2,010,000
1,260,000
166,000
337,000
346,000
914,000
1,219,000
3,950,000
1,250,000
680,000
1,074,000
657,000
2,072,000
461,000
1,500,000

500

San Francisco,
do
do
do
do
do
do
do
do
do
do
do
do

F.

1876
1885
1893
1900
1900
July 1, 1906
July 1, 1895
1892
Jan.,

6A7

1,000

6

Various N. Y., Nat. Bank Republic
Various
do
do
Various
do
do
Various
do
do
F. A A.
do
do
Various
do
do
Various
do
do

Feb., 1878
Nov., 1883
Dec, 1888
Feb., 1886
Nov., 1879
June, 1890
Nov., 1900
Jan. 1 1902
July 1, 1903

1880 to '89
Nov., 1889

1878 to '89
1891

1876 to '91
1876 to 1906
1879 to '86
1880 to '83
Aug., 1878
1876 to '89
1877 to '88

6g. J. AD. New York and St. Louis. June, 1887, to '90
April 1, 1892
gS- A. A O N. Y., Nat. B'k Commerce.
do
1891 to '93
do
§«• Various
New York or London.
Nov. 1, 1893
6g. M. A N.
do
do
May 1, 1895
6g. M. A N.
do
July 1. 1894
6g. J. A J.
do
Dec. 10, 1892
««• J. A D, N. Y., Nat. B'k Commerce.
Dec.,'70,AJ»n.,'77

6g.
7
7

6g.
6g.
6g.
6g.

St.

i^akc Superior

J.

J.

l^l«l^l^l^7 g.
7g.

1893 to '98
1877 to 1129
1913
1883 to '86

1907
1876 to '91
AprU,1877

Boston and Portland,
do
do

do

500
500
500 Ac.
100 &c.

1867 to '71
1853 to '55
1867
1868
1872
1873 to '75
1875
1875

Park iMnds, coupon, gold

A
A
A
A
A
A
A

O.

A A.
Various

542,000
105,000
435,500
377,000
250,000
197,000
246,000
385,000
200,000
475,000
210,000
150,000
750,000

Various
Various
Various
Various
1,000
1,000
Various
1,000
1,000
1,000
1,000
1,000
1,000

Jail

A

F.

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

1846 to '71
1840 to '68
1851 to '66
1856 to '58
1868
1855 to '69
1852 to '68
1867 to '70
1872
1871 to '73
1873
1875
coupon.
1874
1872
1876

General purposes, gold
Renewal, gold

g.

Philadelphia.

1876 to 1905

AN

Providence.

Various
Various
Various

Renewal, &c., bonds, gold or sterling,
Bridge approach bonds (gold)
Anticipation bonds
St. Louis County —
Renewal bonds, coupon
Bonds to railroads, coupon
Insane Asylum

M.

172,000
750,000
1,065,000
3,182,000

Mo.—

'.

A6
6
6

5

M.

410,000

1853
1853
1853
1868
1869
1870
1870
1872
1873

Bonds to St. Joseph & Denver City BR., 1869.
do
Missouri Valley Railroad
Bonds for various purposes
Bridge bonds
St Louts—
Renewal and floating debt bonds.
Real estate, buildings and general purposes..
Street improvement bonds
Water work bonds (old)
Tower Grove Park bonds (gold)
Sewer bonds
Harbor and wharf bonds
New water work bonds (gold)
do
do
do
Renewal and sewer bonds (gold)
Renewal purposes, gold or sterling
Renewal and improvement bonds, gold

County

500,000
600,000
300,000
2,000,000
2,000,000

Boston, Foote A French. Nov., 1886,'87,'83
J. A J. Boston, Columbian Bank.
July, 18B7
July 1, 1897
J. a"d. Bost., Blackstane Nat. B'k,
June, 1877

5

4

500,000

To Genesee Valley Railroad
To Boch. <fe State L. and R. N. P. Railroads
For various city improvements
Water works loan, coupon and registered

San J^Yanci^co—
Bonds of 1858, coupon

2,230,300
375,500

Various

6
6

J.
J.
J.

7

6

1,3.50,000
<
\

A7
A5

A J. Phila., Far. A Mech. N. B-k.
A J
d»
do
A J.
do
do
A. A O.
Philadelphia.
Various Pittsburg, Phlla. A N. Y.
J. A J. New York, B'k of America.

6
6
6

787,000
700,000
450,000
570,000

1,000

500 <&c.
1872
1867 to '68 i',6oo
1872
1852-75 500 (tc.

RR.

do
do
do
do
sewer loan b'ds, sterling,

Soehester,

'68,'69,'70
1867 to '69

Principal— When
Due.

7

$11,650,000
11,660,350
5,399,400

Guaranteed debt, gas loans

INTEREST.
Where Payable, and by
Pay'ble
Whom.

When

12

A7
7
8
6

6
7

A J
A J.
A J.
M. A S.
J. A D.
J. A J.
A. A O
M. AN.
M. A N
M. A N,
Various
J. A D.
J. A D
J.
J.
J.

N. Y., Nat. Bk. Commerce,

do
do
do
do
do
do
do

A.

6

F.

8
7

7 A8

F.

A

A Tr.

New York,

Various
Various

7-3
8

M.

May

Paul and New York.
do
do
N. Y., P. M. Myers A Co,
N. Y., Farmers' L.

do
do
do
do
do
do
do

A.

Various
Various

1877 to 1881
1878 to 1880
July 1,1887
Sept. 1, 1883
June, 1892
1893 to 1905
April 1, 1905

St.

AO
A N.
A A

8
7-3

do
do
do
do
do
do
do

Co.

1,

1895

1876 to '90
1876 to '86
1889, '90, '96

1888 A '98
1909

1876 to '88
May, 1900
1877 to '84
1876 to '80
1878 to "79
Aug. 1, 1877
1893 A '94
1876 to '81

««»fti«-j7A.—The total debt Feb. 1, 1876, was $13,533,819, iucluding water loan and bonds, chargeable
local assessments. Cash valuation in 1875 : Real
property, $149,459,070; personal, only $2,677,64S,

In 1885, $410,674; sUikhig funds of 1893, $149,972;
H. P.
P. Railroad bonds held, $500,000. Population by U. S. census, 1870, 63,901; by State census,

Dec. SI, 1874. The city owns real estate aad other
property valued nominally at about $4,237,600.
Assessed value of real estate, $11,000,000. Popula-

1875, 100,800.

tion in 1870, 28,235, against 22,292 in 1860.

according to Comptroller'a report. Sinking funds,
$593,301. Popnlation about 140,000,

Rochester.— The bonds of Genesee Val. RR. loan,
$172 000, are provided for by net receipts from a
lease of said road to Erie i{B. Co. after paying the
interest out of said receipts. Valuation of property
about $62,000,000. Rate of tax, $1 i.1.
San Francisco.— Vopnlation by the U. S. census
of 1870 was 149,482, against 56,802 in 1860.
Real
estate for the fiscal year ending June 30, 1877, U
assessed at $190,221,003; personal property at $70,-

St. Joseph, i/b.— Popnlation in 1870 was 19,565,
against 8,932 in 1860. Assessed valuaticn of property,
$11,000,000; rate of tax, •23niill8. (V.23, p. 135, 175.)

on

Portland, Me.—The sinking fund March 31. 1876,
was$5S7,l'J!. The city is protected by mortgages
on At. & St. Lawr. and on Portland & Rochester Railroads, and holds 7,143 shares of Portland &
Ogdenebur^h stock. Assessed va'ue of real estate
in 1876, was $18,708,.')09; personal, $11,951,855. Tax
rate, $25 per $1,000. Population in 1870, 31,413,
against 26,341 in 1860.
Providence, fl./.— The principal debt of Providence
has been created since 1872 for water works. The
floating debt at close of Ascal year September 30,
1875, was $J,020,796, and fnnded debt, $6,797 250.
I'he assessed valuation of all property in 1875 was

f

122,024,1(10 against $128,68a.«00 in 1871. Rate of tii,
14 50 per $1,000.
The sinking fund for bonds due

&

St.

was

Zouf^.— Population by the U. S.
310,864, against 160,773 in 1860.

census in 1870

The

oity

and

county governments and finances are separate.
Total funded debt, April 11, 18r6, $16,318,000. Tax-

154,000,000 of mortgages are now
omitted from assessment.
Sinking funds raised
annually amount to $263,500. Tax rate in 1S76-7 is
$2 12X per $100, against $1 60>i in 1875-6.

able valuation of property, 1876, $162,444,490; tax
rate, $3 42 per $100. (V. 22, p. 513.1
St. Paul, ifinn.— Population in 1870 was 30,030;
in 1875, by State census, 31,2.37. Assessed valuation
of taxable property, $13,194,385. or about one-fifth
of the actual value; tax rate, 14 mills. (V. IS, p. 626.)

Savannah, Oa.— To provide for floating debt and
maturing liabilities in 1873 and 1874 $403,000 bonds
were issued and sold in Savannah realizing $324,730,
and leaving only about $136,277 of ttoMing debt

Toledo— YanieA debt, Jan., 1876, $2,828,754; increase during 1875, $186,8 17. Debt payable by special
ai>3e3.»menta, $728,000. Taxable valiiation of property, $19,798,580; tax rate, $4 44 per $100.

041,340.

About

—

.
.
.

BAILBOAD STOCKS AND BONDS.

October 28, 1876.]

(reat fhTor hf KtvlBC tauna41at« iioUe« of aar •rrer

SalMeribera will confer

DESCRIPTION.

Miles

For ezplanittlon of ooluiuu beodlngs,
on first page of tables.

Date

Size, or

of

of

Par

Sec, see notes

Road. Bonds

Alabama Central— {Se\nm & Murld.)— 1st mort
Alabama it Chalt.—lht mort., Kold, guar, by Aia

81

296
296

mart., $i),(X)0 iwr uilc, not guaranteed
Rocolver'8 bomls or cortillf.atoa
Albania it Husifuehatma—Stocii^
Ist luorr^ngo
Albttiiy City loan (sinking fund, 1 per ct. yearly)
2(1

'M mortgage
3d mortgage, sinking fund
Consol. mort. (guar. D. &H.) coup., may be

142
142
142
142
142
262
132
110
110

reg...

Bonds

to Stat* Pa. (endorsed) 2d mort
Ist mort.. Kast'n K.tten., guar, by Pa.

$

1863
1865
1865
1869
1876

Funcbng Income bonds, witli traftlc guarantee.
Alexawirta <t lYedricksburd—leA mortgage
Arkania* Ventral— lu &. '2d mortgages, gold
Ashtabula, Tmtnvstoxon d Pittg.— 1st mortgage
2d mortgage. Income
Atchison £ tiCbraska-lut mortgage
AtchinoH, Topeka <t Santa >"«— l»t mort., gold
Land grant mortgage, gold (on 3,000,000 acres)
Income bonds

. .

3,.500,000

3i«

1,000
1,000
1,000

1,000,000

7
6
7
7
7

1,000

2,166,.500

4,000,000
3,400,000
9,980,000
5,403,900
1,000,000
1,200,000
1,500,000
400,000
3,750,000
7,041,000
3,374,000
475,000
3,050,000
502,000
475,000
523,500
412,000
4,248,000
1,232,200
24,705,298

i',6bo

100 &c.

500

&c.

1,000
1,000

500 &c,
50O&O.

.-

Pottawattomio bonds (contingent)

—

do

Oh//— Common stock
Guaranteed stock
Consolidated Ist mortgage
Savannali Albany & Gulf RE. mort. bonds
Southern Georgia <t Florida, Ist mortgage
do
do
2d mortgage
AUanlic,Uiss. rf OAio— Stock, (com'n, nrcf. & guar.).
Ist mort. consolidated, gold (tor $15,000,000).
2d mort. to the State (no interest till 1880)
Norfolk ii Petersburg— Ist mortgage

346
286
"58
58
428
428

428
81
81
81

do
do

do
Ist
do
do
2d
do
Side— Ist preferred consolidated mortgage
do
2d
do
do
do
do
3d
do
do
do
Virginia &, Tennessee—Enlarged mortgage
uo
do
4tli mortgage
do
do
Registered certificates
do
do
Interest funding bonds

133
133
133
214
214

Soutli

100
100
100

500
500
500

&0,
&o,
&o,

1,000
1,000

500

1867

ibo
100
500 Ac.

i869
1869
1871
1871
1857
1857
1868
1860
1806
1866
1854
1865

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

200 &c.
200 &c.
1,000
1,000

Var'iis Various

1869

—

A Pacific Common stock
Pref errc<l stock, Missouri division
do
do Central division
Ist moit. (Southern Pacific) gold (land grant)
Istmort. (At. & Pac), gold, on 500 acres land
2d mort. (At. &Pac., Mo. Div.), gold
1st raort. (Cent. dlv. At. & Pac.), gold
do
do
do
land grant
Income bonds for funding

Allanlic

1,000
1,000

bonds

do

<e

328
328
328
293
293
293

,

35

Equipment bonds
Intereet scrip (exchangeable for bonds)
Plain bonds, scrip exchanged

1868
1868
1871
1871
1871
1873

100 &o.
100
100
100
500 &c.
500&0,
500 &c.
500 &c.

1873
1874

Land debentures
Atlantic £ St. Lawrence— nioek, currency

150
150
150
150
150

Stock, sterling

Portland city bonds, 1st mort., sinking fund
2d mortgage, sterling, 5-20 years
3d
do
do
do
Sterling bonds, not mortgages
Atignsta d SaraimaA—Stock

Alabama Central.— la default since January, 1872.
Negotiations pending for a new adjustment.
Alabama d: Chattanooga.— RoaA sold May 3, LSTS
for tl, 200.000, subject to lien of receiver's certificates.
Sold ag.iin October 4, 1876.
(V. 81, p.
38,62,258, .302, 322, 511; V. 22, p. 61, 87, 13», 157,
021; V. 23, p. 89, 62, 85, 134, S55, 352.)
Albany <t Susquehanna.-Tbis road was leased for
150 years from 18T0 to Delaware & Hudson Canal
Co., at 7 per cent per annum, on stock and bonds.
Imporuuil, change
terms made in 1876. Consol.
mortgage is for $10,000,0i 0. of which $3,450,000 is
to retire old bonds, and balance for a part of old

m

stock and to lessee for Improvements, which up to
April, 1876, were $1,978,672. (V. 22, p. 899, 495; V.

1.50

100

*100
1868
1864
1871
1853

1,000

£100
*100
«100
100

53

T.

1,.'JO.'>,000

1,000

7,188,r)00

2,829,000
2,015,500
1,189,000
795,000
599,300
753,000
362,500
1,290,500
450,000
28.600
4,970,680
787,000
1,500,000
713,000
484,000
1,022,900

A.

7'30
g.

now

"SH

22, p.

392.

Fredricksbura. —Tha Pennsylvania
Railroad holds $512,000 of the bonds and controls
the road. Loss on operation in 1873, $25,07'4.

Alexandria

db

Arkansat Central. -Moat of the bonds were sold in
London, where $600,000 of 2d mortgage bonds were
also hypothecated. Receiver appointed, March 1876.
(V. 22, p. 374; V. 23, p. 30J.)
Aektabula, Taungalawn

<l

Pith.— It

leased and
Net earnings

is

operated by Pennsylvania Co. at cost.
paid to lessor, but lessee guarantees interest on
1st mortgage for
five years.
Common stock.
$1,600,000; preferred, $400,000.
$84,150.

Atehieon
September,

Net earnings,

<C iV«ftnBia.— Interest was
1873, and coupons funded.

In

1875,

default

Gross e«m-

1876

1865
Mar, 1881
1, 1900
Oct.,

April

i'j. N. Y.,Wln8low, L. ACo. March 1, 1896
Jan'ary Harrlaburg, Treasury. $100,000 y'rly.
4 O. Pblladelphia or London Oct., 1901

AN.
A J,
M. A N.
H.

7

M.

"7e- A.

AN.

A

O. N. Y., First Nat. Bank,

do
do
do
do
do
do
do
Lynchburg

do
do
do
do
do
do
do

A
A
A
A

8

J.

Office.
J.
J. N. Y., First Nat. Bank.

A

J.

J.
J.

6g. J. A J.
6g. M. A N.
^8- M. A N.
6g. In 1901
6g. J. A D,
J. A D.
10

A J
A D.
F. A A.
3
M. A 8
%' M. A N.
A. A O.
M. A N.
V- M. AN
t4- J. & D.
6

Savannah.
N.Y.,M.K.Je8np P.A Co.
do
do
do
do
do
do

N. T., First Nat. Bank,

"s
7
8
8
6
6
6
8
8

g.

10

445 V. 23, p. 15, 353.)
* SichmonJ Air Zin«.— Defaulted in
;

db

Giilf.—QTosa earnings in 1875 were
net
earnings $.326,948.
The C m10 per cent coupon notes
outstanding; $45,000 .lunction Branch RK. bonds,
and $51,500 Bainbridsie lilxtension bonds. (V. SI, p.
2T6, 468; V. 22, p. 469.)
dt

pany also has $500,000

—

1,

July, 1888
Nov., 1893

A.
A.

J.

lease did not go into effect.
Shortly after (In
July, 1874) default was made on its bonds. The
last annnal
report, to June 30, 1876, will be
found in V. 83, p. 328. Proceedings looking to
rc-organizatlon are in progress, and a consideraole
amount of securities has been deposited by holders with the London Committee. (V. 20, p. 85. 139,
•JS», 499, 592; V. 21, p. 1:36, 159, 230, 393, 440; V. 22,
p. 181, 3j;, 35?; V. *!, p. 40, 110, 134, 159, 318.)

Atlantic
$965,889 ;

.

7
7
7

:

annual report, V.

Juir

Oct. 1, 1876
Jan., 1902
Sept.,

1902

Nov., 1902
Jan,, 1902
Jan.. 1903

July

1,

187S

7

West Poinl.—OroBs earnings,
AlUghany Valley.— This road was embarra=sed in $283,498; net earnings, $99,539. There are 1875-6,
$83,000
and compromised with creditors. The un- bonds outstanding.
(V. 23, p. 308.)
settled debt Jan. 1, 1876, was $«7«,14(1. Of income
bonds, 12,271.900 are held by individuals, and pay
Atlantic dk Great IVuitem.—This road was leased
interest in cash
$3,132,000 held by railroads draw to the Erie for 99 years from May 1, 1874, but the

m 1875 in

O.

A.

1874,

Abstract of operations

do
do
do
do

J.

28, p. 101.;

Interest in bonds.

do
do
do
do

A O. New York and London,
do
do
A J,
do
M. A S,
do
do
M. AN.
do
do
do
A
I" J. A J. London, Co.'s OfBce.
J.
J
do
do
I'- J. A J.
7

made December,

Atlanta

N. Y., B'k of Commerce.
N.Y.,Del. A lIud.Can.Co

1889
1889

.

1873,
in litigation.
Sale in foreclosure to be
Report of oamingn, Ac, V.
1876.
22, p. 135.
(V. 21, p. 14, 85, 323, 418, 4^, 612; V.
22, p. 589; V. 23, p. 378.)

and

J.

J.

Juno, 1901
Jan.,
Jan.,

J.
J.

AtcAUtn, Topeka <ft Santa Fe.—THet earnings. 1875,
$821,^07.
Interest is paid on $976,000 of the 2d
consol. mortgage bonds, but on the balance of that
issue conpons were funded to Oct., 1876, and were
then paid, half in cash and half in ten-year scrip.
Coupons, due July 1, on notes, paid half in cash and
half in scrip dne 1832. (V. 21, p. 63, 136, 3i3, 591;
28, p. 232, 327,

Nat. Bank.

Wben Doe.

Btoek»—l»»t
Dividend.

1894
Pittsburgh.
A O.
June 1, 1896
A D. Phila., Penn. RR.
July. 1891
Ix>n(lon A Amsterdam.
8&7g.
A J
?«• A. A O. N. Y., Winslow, L. ACo.
1004
Pittsburgh, Pcnu. C!o.
J. A J
Sept. 1, 1896
Boston, at OHlc«.
8
A S.
July, 1899
Y., G. Opdyke A Co,
A J. N.
l«Oct. 1, 1900
Boston.
A O.
ll'A J.
1903
A. A O.
B08t«n.
77,'78.'79 A'88
do
J. A J.
12
do
J. A J.
do
7
M. A N
July 1, 190S
do
7 8- J. A J
N.Y.,M.K.Je«up, P.A Co July 1, 1900
8
J. A J.
4
J. A J. Atlanta, Ga., atTreas'y, Aug. 1, 1876
7

ings, 1875, $270,955; net, $272; unpaid coupons to
Jan., 1876, $750,000. Annual report V. 22, p. 399.

Atlanta

&.

TUrd

£otuf f—Prinolpal,

J.

5

I.

Y.

*

J.
J.

3. N. Y.,
J.

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

7 or 6

9,876,2.50

2,410,300
15,165,200
11,989,680
28,783,000
5,355,000
3,568,000
2,060,000
1,748,500
3,693.200
785,976
2,000,000
300,000
464,000
200,000
6,921,900
5,470,000
4,000,000
306,000
157,000
458,000
675,000
621,000
452,500
990,000
963,000
87,811
226,300
8,360,300
10,000,000
1,400,000

&
A
&

J.
J.

7

2,000,000
253,000

.50

27 19 1872
Wichita <fe Southwest, (leased) Ist M., gold, guar..
Atlanta cS Richmond Air Line— l»t mortgage
26513 1870
Atlanta <fi West Point Stock
87
Atlantic <t (Ireat lt'e»(ern—Stock (total $40,000,000)
585
Preferred stock
585
Old Ist mortgage l>ond8, Ohio DIvlsioB
Ist general mortgage ($18,000,000)
460 1871
2d
do
do
460 1871
($12,000,000)
3d
do
do
460 1871
($29,000,000)
Iieaeed lines rental gold bonds (CI. <& M.)
1872
do
do
(P. P., P. V. and 8. & A.)
1873
Western Extension certificates (CI., Col., Cin. & I.)
1873

8

933,000

500 &c.

IM thaae T«bi«a.

Whom.

Payable

Cent.

$1,600,000
5,220,000
2,673,000
1,200,000

Consol. bonds, gold

do

Outstanding

i.wio
1,000
1,000

Land income bonds

Atlantic

Amount

ttmcown*

INTEREST OR DIYIDEirBB.
Rate per Wben Wben Payable, and by

100

1866
1870
1871
1874
"6i
1860
48 1871
621a 1871
62 lu 1874
150 1871
470 1869
1870

RK

Value.

1871
1869
1869
1872

20'i

Alleghany Valley— Stock
Geuc.rai mortgage

Notes

xiii

Of the stock
Atlantic, MiMissippi dt Ohio.
$5,816,700 is common, $800,000 preferred, and $276,the company
itself
guaranteed;
holds
2J0
the preferred.
$3,441,200 of the common, all

J.
J.

q-j.

July,

1897

1880
1889
Oct.

1,

1901

Jan. 1. 18T7
Jan. 1, 1877
July 1, 1893
Jan. 1, •84-'90
Jan. 1, '84-'90
Jan. 1, '86-'90

July

1,

Moih. 1,

Jan.

July

1,
1,

1884
1900
1875
1880

1888
1868
1991
1891
Nov. 1, 1901
Dec. 1, 1883
June 1, 1885
Dec. 1, 1883
Dec. 1, 1883
do
do
N. Y., Office of Comp'ny Jan. 1, 1884
Aug., 1876
Portland.
London, Or. Tnmk Bw. Sept. 15, 1876
May 2, 1886
Portland.
London, Gr. Trunk Rw. Oct. 1, 1884
Oct. 1, 1891
do
do
Nov. 1, 1878
do
do
June, 1870
Savannah.
N. Y., Office of Comp'ny

do
do
do
do
do
do

do
do
do
do
do
do

July,
July,
Nov.,
Nov.,

and $165,700 of the guaranteed stock. G.ose earnings year ending September 30, 1875, $1,782,453;
expenses, $1,108,947; net earnings, $673,505. There
was a decrease of gross revenue by $4^890,
and a decrease of net revenue of $54,114. Tho
company funded one coupon on old bonds,
coupons
subsequent
January, 1874, but paid
in part. Funding notes due 1875 and 1879 were
issued. In October, 1875, in London, the company
made a proposal to fund whole coupon then due,
on consol. bonds, and four-sevenths of coupons due
up to 1881, paying three per cent cash on coupons
A bill to foreclose
till 1881, and balance, if earned.
the consolidated mortgage was filed by the trustees
thereof, at Richmond; Va., March, 1876, and in
June receivers were appointed. Extract from President Mahono's circular to bondholders, sliowing the
financial condition, is given in the Cuboxiolb, V.
(V. 21, p. 569, 591; V. 22. p. 110, 231,
22, p. 28(f.
280, 327; V. 22, p. 567, 589; V. iS, p. 62, 85, 282,

«5

278,352,402.)

Atlantic <* Padflc.—This was a consolidation, la
& Pacific and So. Pacific.
The land grant amounts to some 1,000,000 acres.
Interest was passed Jan.. '74, on the land grant bonds.
Oct., 1870, of the Atlantic

the 2d mortgage and the interest scrip, but conpons
fnnded. A break in the company's affjiirs occurred
in October, 1875; the Missouri Pacific lease was sorendered and complicated litigation against the Atlantic & Pacific Company commenced. Receivers were
appointed. Interest of January, 1876, on land grant
bonds was not paid. Decree of foreclosure made
June 7, 1876, and sale took place Sept. 8. 1876. (V.
21, p. 9, 418, 440, 466; V. 22, p. 61, 353,371,471,
589; V. 48, p. 85, 232, 278, 862.)
Alictnlic <fc St. Lawrence.— henaei for 999 ye«».
from July, 1853, to Grand Trunk Railway of
Canada. Annual rent, 8 per cent on bonds and

stock.

Augwta

<t

to Central of Georhas eurplna fund et

SarannaA.— Leased

gia for $73,000 per

about $50,000.

annum

;

;

RAILROAD STOCKS AND BONDS.

xlv

[October 28, 1876.

Sabaerfber* ivUl eontor a creat fkvor by elTlnc Immediate notice of any error dIaeoTered In ttaeae Tablea.
DESCRIPTION.
Bowrfs— PrinciINTEREST OR DIVIDENDS.
Miles

For ezplanatioii of column headings,
on first page ot tables.

&o., see notes

Sold Eagle Tai/ey— let mort., 8. f.($5,000peryear)
2d mortgage ($.'5,000 per year)
Baltimore
Ohio—Stoek
Prefened stock
Washington brauob
Loan, 1850
loan, 1853
do 1870, sterling, £800,000
rf-

Date

Size or

of
of
par
Road. Bonds Value.

51
51

588
52
30

Baltimore loan, 1855-'90
Debentures, sterling

1861 $100&c.
1864
1,000
100
100
100
1850
1853
1870
1855

do
do
sinking fimd
Purohase of ConneUsv. RR (payable $40,000 y'ly)
Northwestern Virginia, 3d mortgage, 1855-85 ...
Baltimore t£ Potomac— Istmort (tunnel) gold
1st mortgage, gold, (main line)
2d mortgage, income, main Hue and tunnel
SelUvilte <£ South. 111.— lit M., sink'g fund, guar
Belmdere Be/.— IstM. b'ds of 1862 (guar, by C. & A.)
2d mortgage, bonds of 1854
do
do )
3d
do
do
1857
(
do
do )
Consol. mortgage of 1867
(

—

Berkshire Stock
Bott»n it Albany—Btoek
Dollar loan
Loan of 1875, coupon or registered
Boston, Clinton d: Fitchhurg tC Nexc Bedford
1st mortgage. Agricultural Branch

1872
1874
1875
1855
1871
92 14 1871
9214 1875
56 1866
67 18.52
1854
1857
1876
21
270
411
421

500
500

160

160
113

1858
1873

New bonds

Boston t£ lfai>i«—Stock
Bonds, coupon and registered
Boston New York A ir-Line Ist mortgage
Boston t£ Providence Stock
Bonds to purchase branches, coupon or registered
Buff.,Brad.it Pitts.— Gen. M.,(incl. 10,000 ac. I'd
Bx^alo, New York <t Erie Stock
let mortgage bonds

—

—

2d mortgage
Consol. mortgage
Buffalo, N. T. i Philadelphia— \itviOTt., gold
2d mortgage (for $1,000,000)
Burlington, O. Rapids <£ Minn.— lat M., gold s. f
Ist mortgage, gold (Mil. div.) coupon or regist'd.
Pacific extension bonds

Muscatine western extension

Income and equipment mortgage
Barl.it Mo. Riv.—lat M. on r'd& 400.000 ac's I'd 1 jp^
Bonds, conv. into C. B. & Q, st'k (3d series). S m
Income b'ds, conv. C. B. & Q. st'k (4th ser.) S ~ g
Ist mortgage, conv. do. on branch (5th ser.) Za
Convertible bonds, C. B. & Q. st'k (6th ser.) J 0.0
Burl, <t Mo. in Neb. 1st M., conv., land gr. . ) 0)up
Bonds, convertible tUl Jan., 1882
> may
Omaha <&S. W., 1st mortgage, guar
jberg.
Bwrl. it Southwest.— \Rt mort., cp., may be reg
|

—

Cairo it St. Louis— lax, mortgage
Cairo it Vincennes — Ist mortgage, gold
California Pacific— lat mortgage, gold
2d mortg age, endorsed by Central Pacific
Oumdenit A(ta»(»c—Stock (.$838,150 of Itpref.)....

Camden tC Burlington Co. — Ist mortgage
Canada Southern— lat M., gold, s. f cp. & reg
.,

Can. S. & Det., lot mortgage
Carolina Central— lut mortgage, gold, coupon
Income bonds, coupon
Cayuga 1st mortgage, gold

600,060
20,129,282
5,000,000
2,000,000
2,681,750
400,000
499,600
600,000
571,500
800,000
1,000,000
624,000
1,309,500
3,250,000
200,000
999,500
750,000
7,000,000
2,000,000
500,000
4,000,000
500,000
580,000
950,000
1,922,000
262,000
200,000
2,582,000
805,500
5,400,000
2,200,000
1,800,000
800,000
2,000,000
4,638,250
308,500
300,000
290,000
407,000
5,715,000
600,000
1,034,000
20,000 p.
2,500,000
3,500,000
2,250,000
1,600,000
1,215,550
490,000
500,000
350,000
9,000,000
1,500,000
3.000,000
3,000,000
800,000

1,000
1,000

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

100

143
52
63
"26
142
140
140
140
121
121
219
94

1873-4 500 &c.
1875
1,000

100

1873
1,000

100

1857

1,000

....

....

1871
1873
1869
1872
24^4 1872
31 1872
1874
281 1863
1868
1869
"46 1869
1870
1869
ib'i
1873
"49 1872
105 1870
150 1871
156 1871
141 1869
141 1871
60
60 1853
60 1855
31 1867
291 1870

50'o"&c.
.

1,000
1,000
1,000
1,000
1,000
50 Ac.

500
500
500
500
500
500

&c.
&c.
&c.
&c.
&c.
&c.

1,000
1,000

m

1,000
1,000
1,000

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

Tol.,

—

242
242
40

1873
1874
1871

6
7

J.
J.

6
6
6

6g.
6g.
6g.
6g.
6
6

6g6g.
6
8

6
6
6

1,000
1,000
1,000

1%
4

7
6
..

6
7
8

6&7
3

6&7
3

6
7
6
3

7
7

4
7
7
3J3

7
7

7g.
6g.
10

7g.
7g.
7g.
7

g.

7g.
7
8

8
8
8
8
8
8

8

7
7

g.

7g.
6
2

g.

A

18W-3
9.798,033
2,236,873
24.183,100
$5,000,000 new bonds were authorized in Feb., J875.
(V. 20, n. 14, 162, 692; V. 21, p. 464.)

Stock and
Debt.

Bos/on, Clinton. Filchburg
This was a consolidation

Eruperty. Ihe gross caminga of main stem aid
ranches, and financial condition of B.
O. Co.
for four years were as follows
:

Gross

Net

Earnings.

Earnings.

1874-5
$10,.^14,178
$4,3S2,S)6
$47,173,134
1873-4
11,693,95.5
5,018,060
45,876,927
12,252,844
1872-S
4,934,796
28,567,899
1871-2
10,654,472
4,532,072
29,161,399
The gross earnings of the main and all leased lines
in 1874-75 were $14,426,552, and net earnings,
The company claims a snrplna of
4,490,098.
t34,023,566, in the value of its assets above its
stock and debt, which surplus is represented
chieflT by securities of branch Unes, received
for advances made by the B. <fc O. In Dec, 1875,
theoperatingcontract with Pittsburgh A Conneilgrtlle road was ratified, by which B. A O. guarantees
$10,000,000 bonds. Sec report in Chronicle, V. 21,

487, and V. 22, p. 44«. (V. 21, p. 371, 511, 591:
V. K, p. 374, 446; V. 23, p. 302, 378.)
Baltimore it Potomac.—'nAe is the line of the
Pennsylvania Railroad from Baltimore to Washington. The bonds are guaranteed by Penn. RR. and
Northern Central. Last annual report V. 22, p. 588.
Belleville it SoulhtmlUinoif.-lAiHsei and operated
by St. L. Alt. A T. H. Co. on a percentage of gross
earnings. Gross earnings, '76, $279,837. (V.20, p. 380.
p.

BeMdere Delaware.— Sloc\i is $995,700. Leased to
TTnited Co.'s of N. J., and lease assigned to Penn. RR.
Net earnings go to lessor. In 1875 net earnings of B.
D. were $226,404, against $416,367 in 1874. Floating
debt, $1,245,392. (V. 20, p. 488.)

—

Berkshire. Leased to Housatonic, at 7 per cent
per year on stock.

Boston

db

AOani/.—Tiit Bocton

&

Albany

Is

the

m

<S

New Bedford.—

May, 1816, of tile
Boston, Clinton A Fitchbiirg and the New Bedforl
Railroads. fV..2I. p. 64, S91 ; V. 22, p. 471, 521, 544.)
Boston, Concord tft ilonlreal.— Gross earnings f Dr
the year ending with March, 1876, were $093,35«
net earnings, $182,012. There are also $76,000 old
bonds due

in 1865.

(V. 22, p.

S65.)

—

Boston A Lowell. Operated with the Nashua &
Lowell, which receives 31 per cent. (V. 20, p. 85:
V. 22, p. 42.)
Boston & Maine. Net income, 1874-5, over interest
payments. $607,97 :^. Pools earnings from competing
points with Eastern. (V. 20, p. 14, 614: V. 21, p.
533; V. 22, p. 280.)
Boston tt N. y. Air Line, Formerly N. Haven
Middletown A Wil. Road cost about $6,000,000,
represented now by $.3,0O0,C0O preferred stock and

—

—

$1,000,000

common.

(V. 22, p. 567.)

Boston & Providence.—The bonds and aXto $934,000
notes have been issued for purchase of branch
roads. Total income, 1874-5, $1,.581,2.58; net, over
operating expenses, St47,2.'J6. (V. 21, p. 569.)
Buffalo, Bradford <j6 Pittsburgh— \Jn(\er perpetual
lease to Eiie at $40,600 per year.
Buffalo, New York <e &!<'.— Leased to Erie in
136:1, for 490 years, at7percent on stock and interest
and pinking fund on bonds. In 1873 Erie bought
$600,600 of the stock at $150 per share. (V.20,n.61,614.)
Buffalo, New York <& Philadelphia.— Th\e is the
connecting line of the Philadelphia
Erie with
Buffalo. In 1874 the net earnings were $18fi.843.
Bunlngton, Cedar Rapids <4 iffnn<60(o.— In J874

A

3.

Phlla.,Fann.

A M. Bank

Dividend.

July

1,

1881

&
do
July 1, 1884
do
AN.
Baltimore Office.
Nov. 1, 1876
J. A J. Bait., Merchants' Bank. July 1, 1876
A. A 0.
Baltimore Office.
AprU 17, 1875
J. & J. Bait., Merchants' Bank.
1880
A. A 0.
Baltimore Office.
1885
M. A S.
London.
1895
J. A J.
Baltimore Office.
1890
J. A J. London, Naylor A Co. 1876,'78 A'80
M. A S.
Mch. 1, 1902
A. A 0.
do
1910
J. A J.
Baltimore.
1876-1900
J. A J. Bait., Mcch's Nat. Bank
1885
J. A J. Baltimore or London.
July 1, 1911
A. A 0.
do
April 1, 1911
do
J. A J.
Baltimore.
Jan. 1, 1915
A. A 0.
N. Y., RuBseU Sage.
Oct. 1, 1896
J. A D. Trenton, N. J., Office.
1877
M. A 8.
Philadelphia.
1885
F. A A.
do
1887
J. A J. Treasurer, Trenton,N. J. Jan. 1, 1916
Q.-J. Boston, Kittder, P. A Co July 10, 1876
M. AN.
Boston Office.
Nov. 15, 1876
F. A A.
do
1891 to '92
J. A J.
July 1. 1895
do
M. A N.
Boston Office.
J. A J. Boston, Boston N. Bank July 1, 1884
J. A J.
do
do
1889 A '90
A. A 0.
do
do
1881, '82 A '83
J. A J. Boston, Suffolk N. Bank July, 1881A 94
M. AN.
Boston Office.
May 15. 1876
J. A J.
Boston Office.
1889
A. A 0.
do
1893
do
J. A J.
Boston, at Office.
Jan. 1, 1875
A. A 0.
do
do
Oct. 1, 1879
A. A 0.
do
do
Aprlll, 1892
J. A J.
do
July 1, 1896
do
M. A N.
Nov. 15, 1876
Boston, at Ofl3ce.
M. AN.
do
do
Jan. 1, 1893
F. A A.
New York.
Aug. 1, 1895
M. A N.
Boston, at Oflice.
Nov. 15, 1876
J. A J.
do
July 1. 1893
do
J. A J.
New York, Erie RR. Jan. 1, 1896
F. A A.
N. Y., Erie Railway. June 11, 1875
J. A D.
do
do
Deo. 1, 1877
M. AN.
do
do
J. A D.
do
(k>
J. A J. N. Y., Farm. L. A T. Co. JiUy 1, 1896
J. A J.
do
do
July 1, 1893
M. AN. New York or Loudon. May 1, 1919
F. A A.
do
do
Feb., 1902
J. A J.
do
do
Jan. 1, 1909
M. A 8.
do
do
Sept. 1, 1908
J. &D.
do
do
June 1, 1904
A. A 0. Boston and New York. Oct. 1, 1893
J. A J. Boston, by Treasurer.
July 1, 1878
A. A 0. Boston and New York. April 1, 1879
J. A J.
do
July 1, 1894
do
J. A J.
do
July 1, 1889
do
J. A J.
Boston Office.
July 1, 1894
J. A J.
do
Jan. 1, 1883
J. A D.
June 1, 1896
do
M. A N.
May 1, 1895
Boston, Co's Office.
A. A 0.
Oct. 2, 1901
A. A 0. New York and London.
Oct., 1909
J. A J. N. Y., Nat'l Park Bank. Jan. 1, 1889
,T.

J.

A

J.

do

J.

Q.-J.

&
A. A
7
F. A
6
7 g. J. A
7«. J. A
6g. J. A
A. A
7
7g- J. A
7g.

Bald Eagle Foifej/.— Leased to Pennsylvania Hail- main western trunk line of New England. In past
road at 40 per cent of gross receipts. The Pennsyl- three years the following has been its exhibit;
vania Railroad holds all the 2d mortgage bonds.
Gross
Net
Total Stock
Earnings.
Earnings.
and Debt.
Baltimore & (JAio.— The B. & O., in comparison
1874-5
$7,«.34,189
$2,562,147
$26,478,282
with its rival trunk lines, claims a mnch smaller
2,411,916
25,422,100
capital account
porpoition to the value of its 187:! 4 .... 8,963,128

m

&.

pal, When Due.
i8(oefc»— Last

M.

5
3
5

7

100
100

1872
1876

mortgage
2d mortgage

499,500
745,000

1,000

1875

Bonds

1st

9,576,000
1,000,000
140,000
1,500,000
3,000,000
1,133,000
1,100,000
1,000,000

1,600
1,000
1,000
•61-'74 500 Ac.

Boston <t Loipell^Stock
Mortgage, wharf purchase

—

9,198,8,52

29 1854
43 '69-'70

Mortgage bonds 1869-70
Equipment notes
New Bedford Railroad bonds
Boston, Concord tf ifonfreai— Preferred stock
Com. stock (for old dividends & new stock)
Sinking fund bonds
Consolidated mortgage bonds (for $2,000,000)

<£•

579,.500

1,710,000
3,398,956
3,253,026
3,872,000

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

1871-2

—Stock.

$336,900
100,000
13,144,100
4,348,469
1,650,000

i200
£100
£200

1874-5

Sterling mortgage

Amount
When
Outstanding Rate per Pay'ble Where Payable and by
Cent.
Wliom.

J.

do

0.
A.
J.
J.
J.

1891

do

Camden, Co.'s Office.
PhUa., Farm. A M. B'k.
do

Phila, and Mt. Holly.
N. Y., Union Trust <5o.

N. Y. Office, 4 Broad

do

0.
D.

st.

do

Oct. 16, 1876
Jan., 1893
Oct., 1879

Jan.

1897
1, 1906

July
April

New York.

1,
1,

1923
1914

1901

default was made
was made June 22.
22, p.

350,

:i74.

in interest. Sale in foreclosure
1876. (V. 21, p. 86, 277. 591; V.
495, 567; V. 23, p. 15, 358, 378.)

—

Burlington & Missouri River. An agreement of
consolidation and a perpetual lease to Chicago, Bur.
A Quincy, was made in Oct., 1572. In August, 1875,
stock of Chic. Burl. A Q. was issued in place of
stock of this C.>. and for convertible bond"*. Annual
report V. 20, pi 335. (V. 20. p. 139; V. 22, p. 87.)
Burlington & Missouri in Nebraska. The stock is
report of company's operations. Ac,
$8,.583,750.
to Jan. 1, 1876, 'has not been pnbhshed, hut we
have the earnings in 1875 as $723,843, and expenses,
$351,643. The total land sales np to Jan. 1, 1876,
amounted to 733,464 acres for $5,335,675, after deductions for dead contracts.
(,Y. 80, p. 289, 593; V.
22, p. 471; V. 23,p. 169.)
BurHngto.* <fi Southwestern.— "Deta.nMeA Nov.. 1878.
Forec osure in progress. (V. 21, p. 159, 441.)
Defaulted in 1873 by failure
St. Louis.
Cairo
to receive town and county bonds. Road completed

—

A

—

&

February, 1-75.
(V. 20, p. 26S, 313; V. 21, p. 31,
441 V. 22. _p, 3.52.)
Cairo <£ yln<»nn«s.— Defaulted in 1874. In hands
of receiver. (V. 20, p. 499; V. 21, p. 63, 302; V. 82,
;

p. 446.)

California Pacific. - Extension bonds ot $3,500,000
and incomes of |;1, 000,000 have been in default, but
a proposal offered by Central Pacific. (V. 21, p. 31B.
Also V. 20, p. 516; V. 21, p. 169, 277; V. 32, p. 181,
280, 495, 613; V. 23, p 62.)

Camden

*

.4«an/i<;.— Net earnings. 1875, $2(y7,642.

Camden <ft Burlington Cfe.— I-eased ti United
Companies, at 6 per cent on $382,000 stock.
Canada Southern .—J)etii\ilted January, 1874, and
coupons funded, 1 ut interest not paid July, 1875.
In .January, 1876, passed into N. Y. Central control.
(V. 21, p. 159; V. 23, p. 16, 399, 667.)
Carolina C«n<ra<.— Formerly Wilmington, Char^
Passed mterest January, 1878.
lotte & Rutherfurd.
(V.20. p.

15.)

—

Cayuga. The Cayuga Lake road was sold under
second mortgage, and this Co. organized. (V. 19, D.
270.)

.
.
.
.

F October

:

RAILBOAD STOCKS AND BONDS.

28, 1876.]

sreat favor br KlrlnK Immediate notice of anr error dlaeoTcred In tbese Tables.
Bond*— PrtaiolINTEREST OR DtVIDENDfl.
DESCRIPTION.
MUes Date Size, or
Amount Rate per When Where parable, and by pal, When Doe.
sloekt-IjtKi
of
par
for explanation of column headings, dec, see notes of
Outstanding

Snbacribera

confer

vrlll

on Urst page of

Road. Bonds

tables.

OotaiPMida— Common stock
New proferrod Htock
Old pjt'fcrrcd stock

Value.

100

New mortgage
<£ Siwiniehantui—Stock
Cedar Falls d! J/tnii.— Bonds on Ist dlv. sink, fund
BoudK on 2d divUion, thinking fund
Cedar Kapifls i£ MissmtH— Common stoek
Preferred stock, 7 percent
1st mortgage
do
do
Central R. It. <t Bank, Oa.—Stock
General mortgage () oiut) bonds (f5,000,000) coup.
Macon <& Woalirn bonds
Bonds for steumships
Central of Iowa — Ist mortgage gold, coupon
2d mortgage, gold, $4,000 per mile
Central of New Jersey—Stock.
Mortgage bonds
Bond« (convertible Nov., IST."; to 1877)
Consolidated mortgage (for .$25,000,000)

$50

$1,1.59,500

100
65

Ist mortgage bonds
Chattel mortgage bonds

"60

1,000,000
2,200,000
230,500
209,850
1,300,000
589,110
198,000
1,334,000
6,850,400
769,600
700,000

100

1872

"ii
61

1864
1866

Oamtria

.

274
128
70
58

146
295
615
231
231
291
74

97

New

general moi-tgage for relief
Newark & Now York, Ist mortgage
Lehigh & WUkesbarre Coal Co., Istmort. guar,
do
do
Consol m., coup. guar.
Am. Dock & Imp.Co., 1st mort., guar. Cent.of N.J.
Central Ohio Common stock
Frefen'cd stock

1861
1863
1866
1872
1870
1869
1871

1,000
1,000
1,000

100
500 <to.
500 &o.
100
100
500 &o.
500 Ac.
500*0.
100
1,000

1869
1872
1874
1876
1867
1874
1875

500

<to.

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

Income mortgage, (Virginia Central R.
Funded Interest, coupon bonds
Income bonds (for fimdiug)

500 ic.

£200
1,000
1,000

.

coup.

R.,)

1874

Cheshire— Stock, preferred
BondH. not mortgage
Chester Valletf 1st mortgage

64

—

Preferred sfok (7 p. c. y'rly not cumulative)
General mortgage, sterling, tor $8,000,000
1st mortgage

Income bonds
Joliet

& Chicago, 7

do
St.

(a 1st lien

do
do
do

on income)

per cent, stock
1st mortgage, sinking fund

do

Louts Jack.

<feCh., Ist

do
do
do

mortgage

by C.
2d mort. assum. by C.
2d mortgage
Louisiana & Missouri 1 st mortgage
1st mort. assum.

& A.
& A.

,

Chicago

«fe

III.

Riv., Ist mortgage,

Ca<a»TOwa.— Leased to Phlla. & Read., Oct., 1872,
preferred stock dividend to be 7 per cent

New

1875-6

Cayuga

and afterward.
it

(V.

80, p. 381.)

Susgu«hanna.— leaned

Delaware, Lackawanna
per year.

4

in perpetuity to

Western.

Dividends, 9

Cedar falls db Minnesota.—l,e»aed to Dubuque 4
Sioux City, and sublet to Illinois Central at $1,500
per mile yearly, and a per cent of all earnings over
93,500 per mile.

Cedar liapids
Northwestern at

ifi

Missouri.

— Leased

to Chicago

4

Ji700 of first $1,500 gross earnings
per mile; one-third of the next $.3,000 per mile, and
one-flfth of all above that. (V. 80, p. 168.)

—

Central Itailroad it Bank, Oa. Leases several
road^, and guarantees $1,492,500 of bonds.
In
April, 1875, purchased one-half interest in Western
Railroad of Alabama at foreclosure sale.
Gross

earnings year ending Sept
(V. 80. p.
V. 22, p. 304; V.

«I,i99,831.

417;

1675, (2.8:6,536; net.
889, 335. 398; V. 81, n. 318,
8), p. 353.)
1,

Central of .Sj^oa.— Decree of sale in foreclosure
October, 1875. (V. 20. p. 15, 85, 235, 546: V.

made

91, p. 85, 398, 417, 465, 511;
p. 169.)

V.

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

ioo
100
1873
1863
1862

1857
1864
1864
1868
1868
1870

1,000
1,000

500 &0.
100
1,000
1,000
1,000
1,000
1,000
1,000

guaranteed

Chicago, Barlington rf ^«inp(/ —,Stock
Ist 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)

In

100
500 &c.

2II9

A tton — Common stock

lA

22, p. 110, 495;

V.

83,

Central <(/ New /«r»«w.— The snnnal report for
1875 was given in Vol. 28, p. S26, showing
fross earnings of $7,411,6%; net, $3,282,909. Divfends in 1875-6 partly paid from previous reserve.
On large decline of stock in June, 1876, tiie president Issued a circular, stating that the company was
earning well, 4c., but giving no figures. In Sept.
another statement was issued (see V. 83, p. 278)
fiving general financial condition. &c in reference
,

new "blanket" mortgage. This Company

also

assumes $2,3IO,r«) of Lehigh Coal & Navigation
Company's debt and $2(;5,793 of the Railroad Car
Tmst Company. The following tabic shows the
receipts, expenses and net earnings, from the begin-

"825

466
825
100
96

ioo
1858
1873

1872

300,000
3,700,000
925,000
20,000,000
5,000,000
4,400,000
14,150,000
(«)

137
50
137
50
Ist mortgage bonds
137
1,000
Central Pacific — Stock
1213
100
1st mort., gold, (sinking fund, $50,000 per year)
742 1865-8 1,000
. Suboi-dinate lien, California State aid, gold
50 1864
1,000
Bonds, (formerly convertible into U. 9. bonds)
138 1862
Ist mortgage on San Joaquin Valley Branch, gold
146 1870
1,600
U. 8. Loan, (2d lien on certain terms)
742
Western PaoUlc, Ist mortgage, gold
1.58
1869
1,600
do
Government lion
123
Cal. & Oregon, 1st mortgage, gold (guar l)y C.P.).
152 1868
1,660
C. P., Ist mort., on C. & O. Br. ($7,200,000 g.)
152 1872
1,000
San Francisco O. & A., Ist mortgage ($1,500,000)
20 1870
1,000
Land bonds on 11,722,400 acres
1870
1,000
"85
Charlotte Columbia <t A ugasta—l»t m. (C. & A.)
do
consolidated
195 1869
2d Mortgage
1872
1,000
23 1871
Chartiers—li^t mortgage
1,000
Clierrji Valley Shur. it ili.— 1st mort., convert
21 1869 500 *c.
Oiiesapcake it Ohio— stock
427
1st mortgage sinking fund gold
427 1869 10b" &0.
Ist mort. eiten. (2d on 427 miles) coup, or regd.
1872
1,000
Debentures con vertible into 2d mortgage
1872
1,000
1st mortgage, (Va. Cent. B. R.,) guaranteed by Va.
3d mortgage,
do.
do.
coupon
.

.582,000

2,332,000
7,500,000
2,287,000
1.50,000

100

—

Chicoijo

Cent.

1,000
1,000

1.000

600,000
1,860,000
9,906,000
3,000,000
2,437,950
411,550
2,500,000
54,275,500
25,883,000
1,.500,000

1,483,000
6,080,000
25,885,000
2,735,000
1,970,000
6,000,000
1,291,000
500.000
8,890,000
193,500
1,806,500
500,000
500,000
300,000
15,898,401
15,000,000
5,426,000
66,000
100,000
902,000
300,000
160,500
1,220,331
2,153,300
774,600
500,000
9,937,800
2,425,400
3,893,200
2,383,000
1,087,000
1,500,000
336,000
2,365,000
564,000
188,000
360,000
2,120,000
700,000
27,512,842
2,719,000
9,916,000
941,000
678,000
2.1.55,500

3
3>g

7
"i'
4>fl

7

7
1

3>9

7
7
7
5

7
7
7

g.

2H.

7

7
7

2J3

3
6

7

"%«

.

Ohnr'iers.

J.

4D.

1,

1899

1887
Feb. 1, 1899
N. Y.,Cent. RR. of N.J. June 1, 1909
do
do
Bait., at B. 4 O. office. June 30, 1876
do
June 30, 1876
do
Sept., 1890
Bait., West. Natl. Bank.
Oct. 1,1875
N. Y. 4 San Francisco.
1895 to '98
N. Y., Fisk & Hatch.
Sacram'o State Treas. July 1, 1884
Jan. 1, 1883
N. Y., E. Kelly & (3o.
Oct. 1, 1900
N. Y., Fisk 4 Hatch.
1895 to '99
U. S. Treasury.
July 1, 1899
N. Y„ Fisk 4 Hatch.
1899
U. S. Treasury.
Jan. 1, 1888
N. Y.,Fi8k4 Hatch.
Jan. 1, 1892
do
do
July 1, 1890
do
do
do
Oct. 1, 1890
do
1890
N. Y., Nat. aty Bank.
1895
N.Y.,M.K. Jesup,P.4 Co,
Oct.

1901

1.

N. Y., MetropoUtan Bk. Deo. 15, 1899

4 N. N. Y., Fisk 4 Hatch,
do
4 J.
do
do
4 J.
do
J,
Y., Am. Exoh. Bk.
V4
N.
6
do
do
4 J.
4 J.
do
do
8
do
8
4 J.
do
7
2
J. 4 J.
Boston.
6
J. 4 J.
do
M. 4 N.
Philadelphia.
7
4
M. 4 8. N.Y.,M.K.Je8up,P.4 Co.
4
M. 4 S.
do
do
J. 4 J. Lond!n,J,S.Morgan&Co.
J. 4 J. N.Y.,M.K.Je8up,P.4 Co.
7
A. 4 O.
do
do
1% Q.-J. N. Y. U. S. Trust Co.
8
J. 4 J. N.Y.,M.K. Je8up,P.4 Co.
do
7
A. 4 O.
do
7
A. 4 O.
do
do
7
J. 4 J.
do
do
7
J. 4 J.
do
do
M.

Nov.. 18B9

J.

July 1, 1902
Julyl.'77to'92

4

1880
1884
1876
1877
1893
July 15, 1875
1877-'80

4

'96

May, 1872
Sept. 12, 1876
Sept. 12, 1876
Oct. 1, 1903
Jan., 1893
Jan., 1883
Oct., 1876
July, 1882
April. 1894

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

7
7

P.

5

M.'i's. N. Y., Bk. of Commerce. Sept. 15, 1876

8

J.
J.
J.

7

A.

7

$1 ,287.856
l,lil7,268

1,4?2,376
1.350,2-20
1,.367,958

1,881,897
3,135.235
2.883,918
4,665,782

4.449,0M
8,282,910

J.

4
4
4
4
4

do

A.

do

do
do
Boston office.

J.
J.
J.

Jan.

July

1,
1,

1883
1903

Frankfort.
July 1, 1890
O. N.Y.,N. Bk. of Com'rce. Oct. 1, 1890
Jan. 1. 1896
J.
Boston. Co.'s office.

Chesapeake it Ohio.-AtteT the panic, default
interest.
Net earnings in 1874 TS^
Receiver appointed October, 1875, and
had for the
foreclosure proceedings will be
purpose of re-organization.
A very complete
statement of outstanding liabilities and the plan of
re-organization are given in V. 21, p. 569. (See V.
20, p. 168. 184, .357; V. 21, p. 3«5, 37:, 417, 441, 634.
569. 612; V. 22, p. 42, 87, 131, •iSt), 375, 392, 689;
V. 23. p. 111.)

was made on
$348,808.

DiviCheshire.-'Set income, 1874-75. $76,9i:7.
dends, 4 per year. (V. 18, p. 295; V. 21, p. 59 U.)
Chester Valley.— In hands of tmstces and leased
Reading. Coupons dne 1880, paid
to Philadelphia

4

May,

1b76.

Chicago it Alton.—THia report for 1875 is given at
length in V. 22, p. 255, and shows gross eammga of
$4,C,')6.763, and net earnings of $2,052,688, against
Joliet & Chicago llR. is leased for
$2,3.36,876 in 1874.
Chic.
interest on stock and bonds. St. L, Jack.
Railroad leased at $240,000 per year. Louisiana
Mo. RR. built and operated under contract. (See V.

&

The Chicago

4

4

Illinois
River bonds had not been sold to January, 1876.
and there was some litigation. (V. 18, p. 850; V. 19,
p. 16, 479; V. 20. p. 1767 265, 889, 600; V. 81, p. 18S,
19, p. 479;

V.

618; V. 88, p.

80,

p.

429.)

856.)

83, p. 86,

_ Chicago Burlington Jb

Augusta— Stock

is $2,579,-

Gross earnings for 1875 were. $11,791,361; expenses, $«, 4.30,122; net eaniings, $5,361,838; Intereet
charge. $2,01 1,709. The C. B. & Q. leasee niunenras
branch roads, giving them a trsftlc gnara»tee(n»n»llT
40 or 50 p, ct,j for purchasing their bonds. Enongn
of the consolidated moi tgage is reserved to take up
In August, 1375. stock of this
prior debts.
Company was issued in exchange for Burlington tt
Missouri River Railroad stock, and the same is also
given for the convertible bonds of Burlington
(V. 20, p. 1.V 37, 60, 184,
Missouri River Railroad.
336,499; V. 28, p. SSI; Y. 28, p. 68, 255,403.)

645, 613;

1876, St. L.

000.
Net earnings in the year ending September .30,
1875, $250,004, against $ 25,730 the previoss year.
Floating debt retired May, 1876. (V. 21, p. 590; V.
23, p. 134, 471.)

—Leased to Pitta. CIn. 4 St. Louis, and

operated by Penn. Co.

J.
J.
J.

July

V.

521,

Charlotte, Coturniia it

AJ.
4 N.

4 J.
4 D.
4 D.
M. 4 S.
A. 4 O.
J. 4 J.
S«- J. 4 J.
J. 4 J.
'J- A. 4 O.
%' J. 4 J.
%' J. 4 J.
4 J.
4 J.
%'
4 J.
4 O.
««•
4 J
7
4 J.
7
7
A. 4 O. Philadelphia, Penn R.R.
7

Central Pooi/ic.— Gross earnings in 1874 were tl4,and net earnings $&,682.37B. Land
grant statement, V. 21, p. 136. An abstract of the
annual report for 1874 is uiven in the Chronicle.
V. 21, p. as 1. Gross earnings, '75, $17,081,015; expenses, $7,417,944; net earnings. $9,fia3,(r7I
A settlement with bondholders of California Pacific has
been proposed, with a guarantee of certain new
bonds. Trustees of land mortgage offered to piu*chase $5,0,000 in Julv. 1876. (V. 21, p. 159, 48S: V.
471,

do
do
do
do
do
do
London.

Q.-J.

««• M.
Q.-M.

531, .355 (currency),

852,

May 16,1878
& N.
Pbiladelpbla.
May 10, 1876
A V.
do
Feb. 1, 1888
do
& A.
Philadelphia.
1888 to '89
& A.
do
Feb. 1, 1900
& A.
A J. New York, 44 South st. July 1, 1876
A. A O. N.Y.,J. S. Kennedy 4 Co AnrU 30, 1884,
do
fun. 2, 1907
do
J. & J.
Aug. 1, 1876
Boston, Trcaauror.
Q.-F.
Aug. 1, 1876
F. & A.
do
do
F. i A.
Y., Nat'l Park Bank, Aug. 1, 1891
Aug. 1, 1894.
F. 4 A.
do
do
May, 1916
do
do
M. <b N.
June, 1873
Savannah, Ga.
J. & D.
J. A J. New York 4 Savannah. Jan. 1, 1893
Oct., 1880
Savannah, Ga.
A. &0.
July 15, 1899
New Yerk, Office.
J. i'j.
April 15, 1901
do
do
A. & O.
New York, at office. April 10^876
do
do
F. A A.
Nov., 1902
do
M. 4 N.
do
P.
F.
F.
J.

J.

Central OAio.— Leased to Bait. & Ohio RR. in 1866
for 8T years, rent 35 per cent of gross receipts for 5
years, and 40 after. Pays 6 per cent dividends.

22. p. 61, 233,
207, 379.)

Dividend.

M.
M.

"7"

ning of 1865 to the present time; including, since
1870, those of the Lehigh & Susquehanna Division
Receipts.
Expenses. Net eam'gs.
1865
$1 ,748,4.i4
$3,036,390
1866
1.963,976
S.881,844
1867
8.850,398
1,878,028
1868
3 789,412
8..379,192
1869
2,618,163
4,010,181
1870
2,512.817
4,393,514
1871
3,706,144
6,841,379
1872
4,238;806
7,180,718
1873
8,88l..386
4,81.5.584
1874
8,589,631
4,140,801
1875
4,128,7*7
7,411,637
(V. 82, p. 613; V. 23, p. 62, 329, 353.)

Whom.

Payable

Net earnings go
619.)

to lessor—

in 1875, $34,787. (V. 22, p.

Cherry VoUei/, Shar. <ft .4/.— Transferred to Delaware 4 Hudson Canal Co., April, 1875. Interest
unpaid in December, 1875. (Y. 20, p. 4U4.)

Rock

Is.

&

Oiiincy.— Purchased In Oct.,
Chic. road, for »1.570,000 In

gold.

A

) ..
.

:

EAILROAD STOCKS AND BONDS.

xyi
Sabserlber*

'nrtll

Miles

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

see notes

&,o.,

.

m

.

—

—

—

—

2d mortgage (now 1st)
3a
do
(now2d)

— 1st mort

Mich. L. Shore

)

letmortgage
let mortgage

i

f

Coupon,
but

maybe

1st mortgage, on branch
J registered.
Chicago, Milwaukee <t St. Paul—Cova. stock
Preferred st'ck (7 p. c. y 'rly, not cimiulati ve)

Consolidated mortgage (for $35,000,000)
Ist mortgage

2d mortgage
Igt mortgage (Iowa A Minnesota)
let mortgage (Minnesota Central)
letmortgage (Iowa & Dakota)
1st mortgage (Prairie du Chlen)
2d mortgage (Prairie du Chlen)
Milwaukee A Western
Bt. Paul A Chic. 1st mort., $ A * (conv.)
let mortgage, Hastings A Dakota

Z

ID

Si

1st mortgage, Chicago A Mil. line
Equip. A bridge bonds (may be paid In 1878)
Western Union, 1st mortgage
Ohiawo li Norlhwestern^— Common stock

3 U

Preferred st'ck (7 p. c. y'rly, not cumulative)
Bonds, pref. (sink'g fimd), 1st mort.. Chic, to Osh.
interest bonds, funded coup., 2d m.. Chic, to Osh.
1st mort., genera], 3d mort., (31iic. to Oslikosh
Appleton exten., let mort. on 23 miles and land.
Green Bay ext«n., 1st mort. on 26 miles and land
1st mort.. Galena A Chicago Un. ER. extended.
Mississippi River Bridge b'ds, lien on net earnings
Elgin A State Line Railroad bonds
let mort. (Peninsular RR.) on roads and lands...
Ist mortgage (Beloit A Madison RaUioad)
Consol. sink'g I'd M., (all above convert, into this)
Madison extension, 1st mort., sinking fund, gold
Chicago A Milwaukee, let mortgage, 2d lien
Menominee extension, 1st mortgage, gold
Gen, cons, mort., gold, coup, or reg. ($48,000,000)
Winona A St. Peter, Ist mort., guar by Chic. ANW.
do
2d mort.,
do
do
do
1st M. exten, gld, land gr., s. f
lA Crosse, Tremp. A P. Ist raort,, guar. C. A N.W.
Iowa Midland, 1st mort., guar, by Chic. A N. W.
Northwestern Union, 1st mortgage, gold
Chicago <t Faducah— Ist mortgage
Chicago, Pekin <t Southwestern 1st mortgage
.

—

2d mortgage
Chicago, Bock Island <t Pacirtc—Stock
1st mortgage, sinking fund
Branch bonds (sinking fimd $40,000 from 1877
Chic. A S'wcstein, let mort., gold (guar In cur)
Chic. A S'westeru, Ist mort., gold, not guar
Cincinnati, Hamilton <£ Dayton Stock
let mortgage of 1853

. .

—

,

do
do

2d
3d

1865
1867

Consol. mort. (for $3,000,000), sink, fimd 1 p. c.
Cin. Ham. A I. (Jimction) RR., 1st mort., guar.
Cincinnati, Lafayette ct Chicago let mort., gold
.

—

Consolidated mortgage
Chicago

<t

Canada Southern.— Coimeciian

ada Southern.

*

Size, or

of

Par

1875
1869
1869
1868
1868
1870
1870
1870
1869
1875
1872
1867
1871
1869
1872
1871
1871

32
40
51
31
70
44

40
43
....

73
60
108
21

131
80
82
82
82
195
195
195
52

Louisville.— ^o Informa-

Value.

Bonds — PrinciINTEREST OR DIVIDENDS.
pal, when Due,
When Where Payable, and by Slocks— tatst
Payable
Cent.
Whom.
Dividend.
I

Amount
Outstanding

$455,000
267,000
597,000
435,000
322,000

$1,000
500 (fee.

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

1,081,000

500 Ac.

900,500
726,000
318,500
462,000

1,000

500 &c.
1,000
1,000

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

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

4„425000

1,750,000
3,838,200
1860
568,200
1863
211,500
1869
1,000
477,000
1870
1,000
3,523,000
1871
1,000
1,350,000
1872
1,000
1,280,000
1,399
100 15,399,261
> .•
1,399
100 12,274,483
1875
1,000
4.872,427
370 1863
1,000
5,909,000
370 1864
1,000
1,091,000
220 1867
1,000
3,810,000
49 1864
1,000
190,000
1869
1,000
837,000
235 1868
1,000
3,674,000
235 1868
1,000
1,315,000
1861
1,000
234,000
130 1872
4,000,000
75 1872
1,000
467,000
85 1873
1,000
2,500,000
1873
1,000
245,000
197 1866
1,000
3,500,000
1,459
100 15,011,180
1,459
100 21,502.233
193 1859 100 &c.
1,237,600
193 1862 100 &c.
737,400
193 1859 100 &c.
3,568,500
23
500 &c.
140,000
26 1862 500 &c.
264,000
248 1853
1,000
1,692,000
1,000
182,000
500 Ac.
120,500
74 1863
1,000
294,000
46 1863
1,000
271,000
779 1865
1,000
4,390,000
126 1871 500 Ac.
3,150,000
85
1.000
1,700,000
120 1871 500 Ac.
2,700,000
1,058 1872 500 Ac. 10,583,000
137 1870-1 1,000
2,750,000
137 1871-1 1,000
1,650,000
175 1871 100 Ac.
4,375,000
28 1870
1,000
1,000,000
75 1870
1,000
1,350,000
62 1872 500 Ac.
3,500,000
156 1873
1,000
2,808,000
70 1871
1.000
700,000
64 1871
1,000
300,000
674
100 24,999,700
359 1866
1,000
9,000,000
1875
1,000
1,000,000
250 1869 100 Ac.
5,000,000
50 1871
1,000
1,000,000
60
100
3,500,000
60 1853
1,000
1,250,000
60 1865
1,000
500,000
60 1867
1,000
500,000
60 1875
1,000
1,000,000
98 1873
1,000
1,846,000
75 1871
1,000
1,120,000
75 1874
1,000
471,000

100
100 Ac.
500 <fec.

of Can-

Interest not paid.

Chicago, Cincinnati
tion furnished.

Date

of

Koad, Bonds

Chicago, Burlington <e Quinci/—( Continued I—
Bonds of 1875, (sinking fund $13,860 per year).
Carthage A Burlington, Ist mort. ~
Dixon Peoria A Hannibal, 1st m...
American Central, 1st mortgage..
Coupon,
Peoria A Hannibal, let mort
Ottawa, Oswego A Fox Riv., 1st
°"iii'}*LT
f registered.
Illinois Grand Trunk, Ist mort . Quincy A Warsaw, let mortgage
Keokuk A St. Paul, let mortgage..
Albia Knoxville A Dcs Moines, Ist mortgage
Chicago dc Canada Southern Ist moi-t., gold
Chicago, Cincinnati <fi Louisville 1st mort
Chic., Clin, d Dub. Ist mort., coup,, regls'ble
Chic., Banv. tt Fin.— 1st mort., gold, sink'g f d
Indiana exten., Ist mort., gold (2dmort on 114m)
Chicago, Dubuque <6 Minnesota Ist mort
Chicago <* lowa—l st mort., coup., may be reg
Chicago, Iowa <t JV«6ra«fca—Stock

<e

1874.

J876.

Rate per

5
8
8
8

M.
J.
J.
J.
J.

8
8
8

8
8
8

7g.
7
8

l^-

V8
5

7
7
8
8
8
8

7

&

p. 232.)

&

Chicago, Danville
Vincennes.—ThtK is also a
$1,0100,000 and a chattel mortgage
of $l,0(Ki,000, most of which are pledged. Default
was made in 1873, and coupons partly fnnded. Subsequently receiver appointed, and foreclosure proceedings begun. (V. 21, p. 157, 185, 347; V. 22, p. 87,
3(M, 644 ; V. 23. p. Ill, 169, 255.)

2d mortgage for

s.

31a

7
7
7
7
7

7
8
7-3

7

?^7
10
7
31a
313

7
7
7

7
7

7
7
6
7
7
7

?^7
7
10

g.

8

?«•
8
8

4
7
6

7g.

I'7
7
8

7
7

7g.
7g.
18T3.

Miles
Stock

1.399
1,399
1,399
$27,673,744
$27,673,744
$27,673,744
Debt
26,287,610
27,129,000
27,119,610
Earnings ...
9,016,123
8,255,743
8,953,017
Op. expenses.
5,170,364
6,871,116
6,594,660
Net eaminffs.
2 451,663
8,085,389
3,081,900
The issue of consol. bonds of 1875 was made to substitute for that of 1874 : of these bonds $57,339,000 are
reserved to take up old debt. The dividend on preferred stock March, 1874, was paid in consol. bonds
and the same April, 1876, and about $1,000,000 were
issned June, 1876, for steel rails. La Crosse Bridge,
and Milwaukee Elevator. See statements V. 22, p.
The sterling bonds of 1872
280, and V. 23, p. 111.
are convertible into dollar bonds. Dividends have
been paid since !869 on pref. stock in 18'36 14 per
cent, in bonds, and 3'^^ per cent in cash; in 1874 7
in bonds, 1873 7 cash, 1872 7, 1371 7, 1870 7 and 3
scrip; on common stock in 1871 7 scrip, 1870 3 cash
and 7 scrip. (V. 21, p. 38, 186, 253, 612; V. 22, p. 280,

cember,
(V. 20, p.

&

iVinjiasoto.— Defaulted

&

De-

1813, same as Chicago Clinton
Dubuque.
85, 139, 184; V. 21, p. 14; V. 23, p. 232.)

Chicago <t /owa.— Has a traffic guarantee of Chic.
Barlington A Quincy 40 per cent for purchase of
bonds. (V. 22, p. 87.)

Iowa

Chicago,
to Chicago

&

& JVWu'asio.—Leased in

Northwestern, at 37X per cent of

Michigan Lake Shore—The first mortgages, main line, have traffic agreement from Michigan Central. In default for interet.t since July, 1873,
excepton first bouds $477,000. (V. 17, p. 188, 211; V.
18, p. 14; V. 19, p. 247; V. 20, p. 60, 312.)
eft

Chicago. Milwaukee <f: St. Paul.— The earnings
were reduced in 1874 and 1875 by the lower freight
rates Imposed by the Wisconsin railroad law.
In
rates the law was modified, and with April, 187(5,
higher rates again took effect, having a good inlluence on earnings. The following is a comparison for
three years of operations, and Unanciai condition

at the close of year

421,567; V.

—

23, p. 111.)

Chicarjo <& Northwest.

—The

fiscal

year ends with

May. The last annual report will be found in the
Chboniclk, V. 23, p. 158 ana 181. The net surplus of the year on the Chic. & Northwest, lines
proper, after paying interest, was $1,797,550, and on
perpetuity the whole system, Incloding proprietary roads,

gross receipts.

Chicago

—

$1,179,716. The net earnings of proprietary roads
were $674,559, and the interest on their bonds,

Lands of the company are 2,155,.')60 acres
In 1876-6, 10,456 acres were sold at an
average price of $2 96 per acre. The nominal surplus Dslance of the Company, May 31, 1876, was
$3,817,329.
Operations of the C. & N. W. proper,
for the last six years, compare as follows:

$992,422
unsold.

Gross

Expenses

Net

earnings.

and taxes.
$7,408,867

earnings.
$5,364.8 3

7,984,694
9,334,450
8,178,237
6,810,026
6,3.1.606

4,723,131
5,075,673
4,568,370
4,992,136
5,383,408

18T5-76... .. $12,778,711
1874-75 .. .. 12,707,726
1873-74... ..
14,410,124
1872-73... . 12,786,607
1871-72... .. 11,402,161
1870-71... .. 11,694,914
,

A D. Boston, Co.'s Office. June 1, 1896
A N. N.Y., N. Bk. of Com'rce. May, 1879
A J.
do
do
July, 1889
A J.
do
do
July, 1878
A J. N.Y.,N.B'k of Comm'rce July, 1878
A J. New York and Boston.
July, 1900
A. A O.
Boston.
Oct., 1890
J. A J. New York and Boston.
July, 1890
A O.
Boston.
Apnl, 1879
& J.
A O. N. Y., Union Trust Co. April 1. 1902
A J. N. Y., Farm. L. A T. Co. Jan., 1887
A D. Bost, C, B. A Q. Office. June 1, 1896
A. A O. New York, Co.'s Office,
April, 1909
A. & O.
do
do
April, 1912
J. A D. Bost.,C., B. AQ. Office. June 1, 1896
J. A J. New York and Boston. July 1, 1901
J. A J. Boston, by Treasurer.
July 1, 1876
J. & J. Boston, Merchants' B.k. July 1, 1888
F. A A. New York, Park Bank. Aug. 15, 1892
M. A S. Bost., Treasurer's office,
Sept. 1889
J. A J.
July, 1890
do
do
M. A N.
do
do
Nov., 1891
M. A S.
do
do
Sept. 1, 1892
J. & J.
New York, Office.
Jan., 1871
A. A O.
do
do
Oct. 5, 1876
J. & J.
do
do
July 1, 1905
do
J. A J.
do
1893
A. A O.
do
do
1884
1897
J. A J.
do
do
J. A J.
do
1894
do
J. A J.
do
do
1899
F. A A.
do
do
1898
F. A A
do
do
1896
New York, Office.
J. A J.
1891
J. A J London and New York.
Jan., 1902
New York, Office,
J. A J.
1902
J. A J.
do
do
1903
New York, Office.
J. A D.
June 1, 1883
F. A A. N. Y., Mil. St. Paul ER.
Feb. 1896
J. AD. New York, Co.'s Office, Dec. 28, 1872
J. A D,
do
do
July 15, 1873
F. A A.
do
do
Aug. 1, 1885
M. A N
do
do
May, 1883
F. A A.
do
do
Aug. 1, 1885
F. A A,
do
do
Aug. 1, 1885
F. A A.
do
do
Aug. 1, 1885
F. A A.
do
do
1362
J. A J.
do
do
Jan. 1, 1884
July 1, 1878
J. A J.
do
do
M. A S.
do
do
Sept. 1, 1898
do
J. A J.
do
Jan., 1888
do
do
Q.—F.
Feb. 1, 1915
A. A O.
do
do
April, 1911
J. A J
do
do
JiUy 1, 1898
J. A D.
do
do
June 1, 1911
do
Dec. 1, 1902
J. A D
do
do
do
Jan. 1, 1887
J. A J.
do
M. A N
do
Nov. 1, 1907
do
do
Dec. 1, 1916
J. A D
A. A O
do
do
April 1, 1878
do
A. A O.
do
Oct., 1900
M. A S
do
do
June 1, 1915
July 1, 1903
J. A J.
F. A A N. Y., Farm. L. A T. Co. Aug. 1, 1901
1891
A. A O.
A. A O. New York, Co.'s Office Oct. 27, 1876
do
do
1896
J. A J,
Aug. 1, 1895
F. A A.
do
do
M. A N.
do
do
Nov., 1890
J. A D.
AprilVi873
A. A O. N. Y., Wlnslow, L. A Co.
do
do
May 1, 1880
M. A N.
do
July 20, 1885
do
J. A J.
do
June, 1877
do
J. A D,
do
Oct., 1905
A. A O.
do
Jan., 1903
do
do
J. A J.
Mch. 1901
M. A S, N.Y., J.S.Kennedy A Co,
Nov. 1, 1914
do
do
J. A J,

J.

.

Chicago, Clinton <t Dubuque.—This road defaulted
in 1873. It was built by construction companies in
which certain directors of C. B.
(J. were stockholders. (V. 20, p. 85, 1S4; V. 31, p. 14, 612: V. 83,

Chicago, Diibuqm

fOctober 28, 1876.

confer a Krc't (kror by elvlmg; Immediate notice of any error discovered tn tbese Tables.

DESCRIPTION.

Chie.

;

The trust deed of the gold loan provides contingently for a possible issue of $48,000,000, by ultimately absorbing all the other bonds and also all
subsequent issues, including all the bonds of the
proprietary roads of the company, together aggregating $35,349,000. which amount is reserved from
the $48,000,000. The residue of the gold loan, viz.,
$12,651,000, represents all the additional Indebtedness resulting from the mortgage.
Dividends
have been paid— July, 1873, .SJi on preferred;
December. 1872, 3V on both; June, 1872, 3X on
preferred; Decemlier, 1871, 3X on preferred; June,
6 on both;
1871, 5 on both; December,
1870,
June, 1870, 2 on preferred; December, 1869, 5 on
preferred, 4 on common; June, 1869, 5 on both; December, 1868. 5 on both. (V. 19, p. 295. 375 528;
V. 20. p. 136, 186, 593; V. 21, p. 109; V. 22, p.
544

;

V.

23, p. 111.)

&

PadacaA.— Completed in Jnly,
(V. 19, p. 16; V. 20, p. 357; V. 21, p. 85.)
Chicago

Chicago, Pekin
earnings

Gross

<t Southwestern.— Opened in
of 1874, $66,346;
first half

1874.

1873
net,

$33,720.

Chicago, Hock Island <ft Pa«i/fc.— Net receipts in
April 1, 1876,
$3,687,028, against
$3,648,283 in 1874-75. The income account for year
as follows: Gross receipts, $7,342,189; net
was
receipts, $3,687.0C8; dividend payments, $1,678,384;
interest, Ac, $785,000; nominal snrplns for the year,
$1,214,081. Chicago & Southwest, road is leased and
interest guaranteed on $5,000,000 of its bonds
the others are in default, and road to be sold Nov.
(V. ao, p. 614; V. 21, p. 38, 186, 253; V.
1, 1876.

year ending

23, p.

13,

s59, 303, 353.)

&

Dayton.— Bee report in V.
39, showing net income of $1.37,545 in i875-6.
Investigating Committee's report, V. 20, p. 857.
Cincinnati, Bamillon

23, p.

(V. 19, p. 183; V. 21, p. 62;

Cincinnati, LafayeUe

to Kankakee,
net, $178,903.

*

V.

22, p. 280; V.2a, p.39.)

CAicoffa— Lafayette. Ind.,

Gross earnings in 1876, $400,061,
(V.20, p. 568.)

111.

J

;

... .
. .

EAILBOAD STOCKS AND BONDS.

Octoter 28, 1876.

zvB

coafer a Kreat lavor hj kItIuk Immediate nottee of auf error dlaeovered In tbeae Table*.
iH»m»-Pi>aH
IMTEREBT OR DIVIDEKDS.
Miles Date 6t»s or
pal, When OM^
AmoQQt
of
par
column lieadiugs, &o., see notes of
When Vfbtee Payable and by
Outstanding Kate

Subscriber*

ivlll

DESCRIPTION.
For esidanatlou of
ou first page
Oin.

of tables.

A IfartitutrlUe—lst mort.,guar by

lessees

Mtutklnf/um Valley — Jut mortgage....
<£ O/ite.— Ist iiiovt., Rutir. C. H. &D.
2d mortgttgc, guar, and owned by C. H. <Sc D
Oin., Itichmoiut <t It. IK.— Ist mort., gold, guar
OineltDutU, /iuHilusky it Olevelantl—Stoeli
Proferred Hto»U
Mortgage bonds, Saudunky, Dayton & Cincinnati
Oincinnati
Oin,,

t£

Richmond

Sandusky city & Ind
Cincinnati, Sandusky

do
do
Ointlnnati

<e

Bprinf/fleldr— let

2d mortgage

& Cleve.

<e

471
138
202
390
390

Clttieland d Mahoning VaUejf—Btooli
l8t mortgage, extended

Niles <& Now Lisbon, 1st mortgage
Cleveland, ill. Vernon <£ /^e/.— Ist mortgage, gold..
Ist mortgage, Columbus E.vtcnsion

Income mortgage
Oieveland
4tli

t6

for funding
IHttso-uvgh Guaranteed stock

mortgage (now

—

1st)

"38
38
"56

56
44
68
7
38
38
82
52
52

mortgage
CumberUtnd i£ rentutylvania — 1st mortgage
2d mortgage, sinking fund, (guaranteed)
Cumberland Valtey—Siock ($484,900 preferred) ....
1 st mortgage
2d mortgage

—Stock

"33

2d and 3d mortgages

33
51

Danville, H<i2lelon i£ Wilkesharre'— 1st mort
Danville, Urbuna, Jil'ton i£ Pekin l9t M., gold
Davenport i£ St. Paul 1st mortgage, gold

—

—

dncinnati <e Martinsville.— Heccivet appointed,
Feb., 187S.
Sold in foreclosure, June, 1876. (V.
ao, p. 889; V. 22, p. 832, 614; V. 23, p 85.)
Cincinnati & Muskingum VaBey.-la leased for 99
years from IgTS to Pittsb., (3in. & St. Louis for net
earnings, but bonded interest is guaranteed. Net
earnings, 1875, 835,7.»4. (V. 82, p. 6 1 9, 614.)

117
170

&

7
7
7

tc 3.
Sl 3.
3.

&

100 &c
1,000
1,000
1,000

1,000

50
1,000

50
100
100
1873 100 Ac.
1856 100 &c.
66-'71 100 &c.
100
1869
1,000
1875
'ioo
.fee.

1,000
500 &c.
I'.obo

1,000

50
500 &c.
5oO ic.
100 &c.
50
60-'72 100 &c.
1868 200 &c.
1869
1,000
1871
1,000

1,104,844
2,701,000
1,342,000
2,000,000
584,000
1,272,000
1,920,950
1,.
500,000
300,000
689,000
13,938,972
10,428,000
451,000
2,632,000
775,000
531,500
313,000
217,750
821,000
666,500
341,400
3,692,000
3,847,000
74,024
1,000,000
1,786,200
302,000
1,500,000
350,000
2,175,500
811,500
270,500
667,500
400,000
400,000
216,000
2,100,000
250,000
1,000,000
3,000,000
996,000
803,500
594,000
1,777,850
161,000
109,500
81,800
600,000
500,000
1,400,000
2,000,000
20,000 p. m.

7

I'7
7
g.

3.

7
7
7
C

&
X.&

I'7
7
7

"7
7

1901

Sept. 1, 187ft
Jan., 1892

1,
1.

189S
1800

3.
3.

&
&

do
do

3
3.

Nov.

do

do

Oct.

July
Jan.

Various
M. & N.
J.
J.

F.
F.
F.

M.

3.

&.

&
&
&
&
A
<fe

O.

J.
3.

A.
A.

A.
S.

Q.-M.

do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
N. Y., Union Trust Co.
Columbus Tieasury.

1,
1,
1,

1897
1880
1892

1908
1893 to '95

A."i"0. N.Y., St. Nlch. Nat. B'k.
do
Various
do

7

April,

Nov., 1904

Dec, 190&
Feb., 1884.

Dec, 188*
1886 to "go
Nov., 1904
Jan.,

1882

Feb.,

1890

Sept. 1, 1901
Sept. 10, 1876Sept. 1, 180O

»?:& 8. N. Y., Am. Exch. N. B'k
M.&. N. Boston, Tower, G. & Co Nov.

1,

1876

& J.
Boston.
July 1, 1876
& A.
Boston Office.
Feb. 1, 1875
7
A. & O.
do
April 1, 1893
6
J. & D.
do
Dec. 1, 1876
7
Various
do
1876 to '81
3
F. & A.
do
Feb. 1, 1875
3. & 3.
July 1, 1889do
A. & O.
Oct., 1895
4
3. & 3. Boston, Bost.& Alb.RR. July 1, 1876
6
M. & 8. Boston, Globe Nat. B'k. Sept. 1, 1878
7
J. & J. N. Y., Am, Exch. N. Bk. Jan. 1, 1901
7
J. & 3. New York and Boston. July 1, 190O
M.& 8.
6
Philadelphia.
1900-'l-'2-'3-'4
M.& 8. New York, Co.'s Office. March 1, 1801
6
6
M. & N.
do
May 1, 1888
do
2% Q.-J. Phila. and Carlisle, Pa. Oct. 1, 1876
8
A. & O. Phlla., T. A. Biddie & Co April 1, 1904
8
A. & O.
do
do
April 1. 1908
6
A. & O.
do
do
Jan. 1, 1884
1»3
Q.-M. New York and Danbury Sept., 1876
7
J. & J. New York, 84 Broadw'y 1880, '90, "92
7
A. <t O.
Phila. Penn. BR. Co.
Oct. 1, 1888
April, 1909
7g. A. & O. N. Y., Farm. L. & T. Co.
July, 1911
7g- A. & O. N. Y., Lond. & Frankf't.
3I3

J.

3

F.

Wheeling.— This

burg Cinn. & St. I^ouis Co. the lease is guaranteed
by Pennsylvania Railroad, and the terms oi* 8 imt
cent on stock and interest on bonds.
(>>n«)rrf.— Pays 10 per cent a vear; net receipts hi

66S.)

190O

Aug. 16, 1876

J.

23, p. 40, 264.)
Xsnto.— This road is leased to the LitMiami Co., and both roads for 99 years to Pitts-

(V. 22, p.

1,
1,

June
June

"i'D.
Phlla., Co. '8 Otilce.
& D. Boston, Trcaa's Office.
& A.
A. &, O. N. Y., St. Nloh.Nat. B'k

A.

it

J875-6, $275,290.

Jan.
Jan.

F.

<fc

2

Until 1899
May, 1899
June 1,1914.
May, 1876
Aug. 1, 1898
Sept., 1906
Jan., 1890

3.
J.

&
&

5

Jidy 1, ISSl
Feb. 1, 1878
June, '75 to "M

190O
191S

A.
P.

7

190O
18T7
1890
1901

1,
1,

J.

7
7
7

Ck).

do
do
do

do
do
do

1,
1,

Jan.

7
7

do
T.

1,

Dee.
April

1902

Trust Co.

Sc

Aug.

Cloveland, Ohio.

J.

(V. 20, p. 29, 61, 140, 162, 241, 925, 355. 382,
p. 1.3, 847, 511, 684; V. 82, p. 352,

;

8.

N. Y., Union Trust Co.
N. Y., Wlnslow, L. & Co,

J.

&.

7
7
7

7
10
7

Ck).

Cleveland Office.
N. Y., Ward, C. & Co.

3.

426. 698; V. 21,
495. 619, 590; V.
tle

N. Y., U.

N.

J.

.

Columbus

Tru»t

N. Y., Farm. L.

6

teed interest on$15,881,000ot first and second bonds.
Aug., '74, default was made on the $5,000,000 seconds.
April 1, 187.5, defaulted on 1st mort. The guarantee
of interest was absolute, but the Pennsylvania Railroad claims that the C. C. .t I. C. Co. did not fulfil
all its part.
Bondholders claim that no such failure
after bonds had been sold with the guaranty could
prejudice their rights.
Suit is pending agamst
Pennsylvania Railroad
Interest on most of the oltl
prior bonds has been taken up. Net earnings, 1875,
$«0«,44-J.

8.

do
do
Wabash, Indiana.

do

2.'!,

(V. 28, p. 158.)

3.
3.

&.

—

Cleveland, Columbus, Cincinnati & lndianap.~^y
the annual report surplus over interest in 1875
was $500,281. Net eacnings in ISIS, $984,0-24. Later
report V. iS, p. 232. (V. 20, p. 241; V. 81, p. 63,
JM; V. 22, p. 2.57, 303.)
Cleveland db Maiumlng Valley.— Is leased to Atlantic A Great Western, and interest on bonds is
paid. (V. 20, I). 85, I.S9; V. 2.1, p. 2:32, 40-3.)
eievetanit. Mount Vernon A i5«towor«.— Defaulted
July, 1874, and mode compromiso by which all the
conpons due July. 1874, and one-half of coupons
from January 1, 1875, to and including Jnly 1, 1877,
are 10 be postponed to .lan. 1, 1885, and the rcinainiog half to be p<ud as they mature. Gross earnings
JWB, $486,087: expenses, $:139,.3«0; net, $96,6W.
(8«e report, V. 20, p. 380; V. v2, p. 380.)

N. Y., U.

do
do
do
do
do
do
D. New York or London.

&

7

Richmond it f.'Aica<»o.- Leased to Cin., road was sold under a 2d mortgage, Jan. 27, 1875, and
6
Ham. & Dayton, which owns moBt of the stock. Net re-organized. (V. 20, p. ', 140. 336; V. Si, p. 352.)
Colebroolcdale.—tieaseA to Philadelphia A Read
Income aijove interest, 1875-0, $8,289. (V. 21, p. 62.)
lug. No dividends paid on stock.
Cftnelnnati, Richmond <fc Fort Tfayn«.— Leased to
Colorado CfnJro/.— Built mainly by Union Pacific,
Grand Rapids for y'J years. Interest on bonds is
ffaaranteed by Grand Ibiplds, Cincinnati Hamilton which holds the bonds, $5,270,593 in all. (V. 21, p.
Dayton, and by Pennsylvania Co. (V.22, p. 632.) 86; V. 22, p. 61, 667, 614; V.
p. 183.)
«
tolvmbus dk Mocking Valley.— Otqss earnings,
Cincinnati, Sandusky cfe Cleveland. In the year
endiag June .10, ls75, gross earnings were $857,695; ISIS, t877,590; net, $3J8;876, against $357,077 in 1874.
expenses, $661,775; net earning, $295,919, being Sec annual report V. 20, p. 476; V. 22, p. 350.)
$28,748 better than in 1873-T4. (V. 81, p. 591.)
Columbus, Chicago c* Indiana Central,— On JanCincinnati it Springfield.— ImhsqA in perpetuity
22, 1869, it was leased by the Pittsburgh Cin. & Stto Clcv. Col. 0. & 1., with guarantee of interest
Louis, guaranteed by Pennsylvania Railroad. An
on first mortgage lialf of interest is also guaranteed amended lease was made Feb., 1, 1870, also guarby Lake Sh. & M. S. (V. HiS, p. S32 )
anteed by Penn. RR. The amended lease guaranCincinnati, Wabanh tfe Michigan.— VtLid interest

dorsement by that company.

1SSB>

May i.'lSTR

do
do
do
do
do
do
D. N. Y., Union Truat Co

&N.
&A.
& S.

?«•

Cineinnati,

Janiury, 1876, to bondholders not consenting to pass,
and allow funds to be used for completion of road.
Some bonds held by L. Sh. & Mich. So'n. but no in-

1,

June, 1931

Sept. 1,

<Se

3«s

interest, and transferred to Pennsylvania Co.
Report for 1875, V. 22, p. 206, shows surplus of
$173,385 over all expenses, interest, &c.
dk

Jan.
c;o

S.

& O.
& 3.
& 3.
&A.
& D.
<b J.
& N.

7
7

and

Tuscarawas Valley

do

dc
&.

Cleveland <4 Pittsburgh.- -l/eaaed to Pennsylvania
Railroad at 7 per cent on stock, besides expenses

Cleveland,

do

IMS

July,
Jan., 1901
July, 189ft

L.ACo

'a'n.
& A.

3
6
7

7
7 or 6

N.Y., Wluslow,

DtTUaoO.

N. Yy^Wlnslow, I.,. &
Boston, OfBce.

950,000
900,994
11,243,479

1,000
1,000
1.000
1,000

500

500,000

A.

I'-

1,3!>0,000

100

1866
1868

New York, Co.'g Office
New York, Morau Bros

7

1,000
1,000

1,000

1858
1871
1870

Whom.

$-100,000

2,759,200
030,000

500 &o

1871

Fay'ble

1,500,000
560,000
65,000
1 ,800,000
4,005,750
429,037
778,000
350,000
1,072,300
2,000,000
651,000
1,200,000
14,901,692
201,000
436,000
3,000,000

50
500 <tc.
500*0.
500 &c.

1865

45
70
55
35
41
144
110
110

.

Cen

2,f)00,000

1868

—
—
Connecting fPhita.) — 1st

boiuls

1,000
1,000
1,000

1867
1870
1872

587

.

Nortcalk

100
500

50

.

—

rf

1868
1870

13
89

Connecticut <C Piuisunipsie Stock
New mortg;ige (for $1,500,000)
,
Ist mortgage, sinking fund
Notes, coupon
Maesa-wippi st'k, guar, same dlv. as Conn. & Pass.
bonds, guar, by Conn. & Pass
do
Connecticut Central— l&i mortgage for $400,000.
Connecticut iJicei-—Stock
Ist mortgage (sinking fund now $148,931)
Connectieui Valley Ist mortgage
Connecticut Western 1st mortgage

1st,

1862
1867
1873

18

(CliicagoiGre.it Eastern)
do
do
(Columbus & Indianapolis Central)
(Union & Logansport)
do
(Toledo, Logansport & Biu-Ungton)
do
do
(Columbus i Ind. 1st and 2d pref.)
do
(Cincinnati & Chicago Air Lino)...
mortgage (Columbus &, lu<Uauapoli8 Central)
2d
(Indiana Central)
do
do
(Chicago &. Great Eastern construe.)
(Cohmibus, Chicago & Ind. Central)
do
Income convertible
do
do
Income (Toledo, Ixigausport & Burlington)
Columhus, Spi'ingficld i£ Cincinnati— 1st mort
Oolumbiia i£ Xenia—Stock
Ist mortgage
Concord — Stock
Concord <£ PortjimouthStocii

Common

1,000
1,000
1,000

50

80
89
76

2d mortgage bonds

Jhinbitru

1873
1876
1870
1870
1871

199
199
199

Coneolidatcd sinking fimd mort. for $5,000,(K)0.
Construct iou and e(iuipnient bonds
Oieveland, Tuscaratcas Valley it Wheeling— let m.
Oolebrookdale—1 st mortgage
Oolwado Central— 1st muvtgage, convertible
Colitmbvi <£ Hocking V'uHfi/—Stock
Ist mortgage, sinking fund bonds
1st mortgage, Logau & Straitsvilie Branch
ColutrUms, Chieatjndt Indiana Cenfrai^took
let mortgage Columbus, Cliio. & Ind. Central.

1860
1864
1869
1874

"67
67
35
145

bonds

1,000

00
1866
1852
1867
1871
1872
1871

81
..

$1,000
1,000
l,00O
1,000

50

80
48

mortgage, guar

. .

New

1865
1870
1806
1869
1871

38
148
36
36
90
171
171

.

—

Mich 1st mortgage
CtexeUind, Columbus, Oineiiuiali it /nrf.—Stock..
let raorfgagc (C, C. & C. RR.) $25,000 a year.
do
(Bel. & Ind.) cxcU. for new mort.
do
C., C, C. i I. sinking fund
Consolidated mortgage (for $7,500,000)
Oin., Wab.

r

Bouds Value.

Boat).

Concord it iVTtemoa(A.— Leased to Concord RR.
at $25,000 per year.
Connecticut
i^w««mp»i<;.— Annual report to
June, 1876. showed net eamlngo for year $240,95l»
against $2-36,875 in 1874-5. Dlv. passed since Aof .,
1875. The new mortgige of $1,600 0;0 will retue
previouE issues. (V. 21, p. 277; V. 23, p. 301.)
Connecticut Central.— Leased to Connecticut V»l»
ley at a rental covering interest. (V. 22, p. 209.)
Connecticut R.rer.— Net earnings 1373-4, tsaHfiVTSurplus account Oct. 1, 1874, $518,039. (V.20, p.M.>
Connectiad Valley, - In default and snrrendeied
to second mortgage bondholders. (V. 23. p. 40.)
Connecticut Westem.-tiet earnings 1874-5. $184,895; interest, &o., $221 296. Conpons passed Joly^
1876. (V.21, p. 611.)
Connecting. .Leased to Philadelphia
Treat0D»and operated bj Pennsylvania; terms, 6 per cent on.
$1,278,300 stock, and interest on the bonds,

i

—

A

Cun^rland ** Pennsylvania,— Ovfned and operated by Consolidation Coal Co., which guaranteo
Sd mortgage. Stock $1,500,000. (V. 22. p. 415.)
Cumberland 'alley.— the stock is owned in laice
part by Pcnnsilrama Railroad Co. Net caml^ss,
year ending Se) t. 30, 1875, $280,594. Large advancas
nave been mai.e to branch roads. This company
paid 9 per cent in 1871, 5 in 1872, nothing in isni,
but resumed hi 1874, and declared 6 per cent. Ib.
October, and s tmi-annually since.
Danbury it Norualk.- -Orots earnings, 1874-75»
$lii7.026; exnmses. $87,410; interest and tazee.
"

$42,191; Mirplr.s, $37,4-J5

Danrille Ila Uton it ^Vilke^>arrt.—\xaied,'Hnt.'h,
1872. to Penni flvania Railroad for S3 years.
The
(ober, 1874, were purchased by Penr.coupons due
syivania Kailr ad.
p.

3.3').

476. 500

In defanlt, April,

1875.

(V. SO,

170.)

Danrille Vi M"a. S'oomingion dk Pettf".— This i»
a part of the /udiananolis Bloomington A Wcstere,
now in defa' d. See 1. B. & W.
Davenport it St. Paul.— Sold in forcclosnre, ITarcIfc
Re-organized as Davenport
%, 1676.
Northwsatem. (V.20, p. 61, 318, 593; V. 21, p. 441,970, 61»:
V.82, p, 87, 281, 305, 515, 590; V. S3, p. 159.)

A

... . .. .
.

BAILBOAD STOCKS AND BONDS.

xriii

Subscribers

bj kI^Ihk Immediate notice of any error discovered In these Tables.
jBond»— PrinciINTEREST OR DIVIDENDS.
Miles
pal, When Due

eonftor a great Atver

-trill

DESCEIPTION.

9»r explanation of column
at

tlie

head of

Date

beadlnKS,

first

page of

&C;

Size, or

of

Par

of

see notes

—

2d mortgage

3d mortgage
Toledo depot (cost $353,940) 1st and 2d mortgage
-

142
142
142
142
142

$50
50

1871
1856
1867
1869

1,000
1,000
1,000

61&64 500 &c.
"36 1865
1,000

$2,395,350
1,286,100
1,870,000
426,000
356,000
105,500
614,000
1,388,023
100,000
650,000
1,120,000
25,889,000

Dauton <t ire»(<rn— Ist M., guar. L. M. & C. & X.
llOifl
JlMaware Itailroad—Stock
50
13 1859
JExteaslon mortgage
Mortgage bonds, convertible, guar. P. W. & B..
llO^a 1875
1,000
JSeteware <t Bound Brook— 1st mortgage
27 1875
"50
195
Delaware, Lackawanna <i Western— ^toek
2d moi'tgagc (Delaware. Lackawanna & Western) 115 1856 500 &c "^,633,000
Bonds (convertible Juno 1, 1875 to '77)
1872
1,000
611,000
I/aokawanua & Bloomsb., Ist mort. (extension)
"eo 1859 100 &c
370,900
25 1858 100 &o. ^ 209,000
do
do
2d mortgage
106 1869
Uetveer Pacific— \&t mortgage, gold, land grant.
1,000
2,457,000
118 1870 500 &c.
Dtnver it Rio O-'ande— 1st mort., gold, sink. fd.
3,024,500
JiM Moines dc Fort Dodge— Ist mortgage, coupon
88 1874
1,000
2,200,000
94 1871
i>etroit. Eel River it /H.— 1st mort., coup, or reg
1,000
2,064,000
2d mortgage
94 1873
500,000
JOttroit, Lansing it LaJce Mich. — 1st mortgage
164 1871
1,000
3,219,000
Ist mortgage, on branclies
23 1872
1,000
575,000
"2d mortgage, on main road
164 1873
1,000
1,359,000
Ionia & Lansing, Ist mort., coup., may be reg.
59 1869
1,000
770,000
do
59 1870
2d mortgage
81,000
do
do
1,000
BHlroil <t Jfi/waufcee— 1st mortgage bonds
190 1855 250 Ac.
2,500,000
2d mortgage, April 28, 1856
1856 500cfec.
1,000,000
Ist funded coupons, Nov. 15, 1860
1860 Various
628,525
•2d ^mded coupons, Nov. 13, 1836
1863 Various
377,115
Bonds of Jime 30. 1866 (conditional)
1866 500 &c.
1,702,316
.

.

& Otta. RR.) Oct. 1, 1853, gold...
Dollar Ibak. & Otta, RR.) bouds, Oct, 1, 1853...
1st mort. (Detroit & Pontiac RR.), April 1, 1851.
3d mortgage (Detroit & Pontiac RR.), Feb. 1854.
2a mortgage, (Detroit & Pontiac RR.), Jan. 1853.
Bonds of Sept. 1, 1866, (Limit $300,000)
Bond.s & mortgage on Detroit real estate
Shibnqne it Sioux Oity Stock
Ist mortgage, Ist division
1st mortgage, 2d division (for $1,400,000)
3>u.buque Southwestern— Ist mort., prcf., sink. fd.
Ist mortgage, Oct. 1, 1863
Punkirk, AUegh.YaUey it Pittsburg— lit mort., gold
iynchess it Columbia— 1st mortgage
ScMt Tennessee, Virginia <t Georgia Stock
Ist mortgage sinking fund bonds
East Tenu. &, Georgia ($95,000 are endorsed) . .
East Tennessee and Virginia (endorsed)
2d mortgage to U. 8. Government
Sa»l Pennsylvania Stock

143
100
43
55
55
90

—

"36

1st mortgage
Sastern (Mass.)

—Stock

36
X14

1853
1853
1851
1854
1853
1866

«terling/(Oak,

—

58

—

270
242
112
130

do

1889,

"50
1858 .100 &c.
100
1856
1865
68-'69

1869

1869
1872
1873

do sterling, sinking fund
Tunding Notes
Mortgage funding bonds

73-'74

3iric iteidcai/— Stock, common
Preferred stock (7 p. c.y'rly, not cumulative)..
Xst mortgage (extended in 1867 to 1897)
2d mortgage, convertible (extended to 1879) .

—

Leased in perpetuity to CIn.
on bonds, and
dividends on stock, holding itself
1,398,100 of the common. (V. 21, p. 62.)
Michigan.

Dayton
with that

<t Western.

to Pittab.

-

Leased to Little Miami, and

do.

&

St. L.
About 190,000 of
of 1881, are yet out, which

old ext. mortg. bonds
«^ilt be retired shortly.
ZWowo«.— Leased by Philadelphia Wilmington
Baltimore Railroad for 30 per cent of gross earn
ings. In 1874-5 gross earnings were $510,094, and

A

laet rec«ipt8 therefrom, $153,038.

Delaware <* Bound Brook.— TUs is part of the
route between New York and Philadelphia. (V.

new

Sa, p. 209, 257.)

Delaware Lackawanna <S Western.— The gauge
road narrowed in March, 1876.
The com-

•of

*pany's

operations

consist in large part of coal
transportation, and no annual report
l«»ned except the statistics reqaired by the State

viimng and

H Pennsylvania.

The Morris & Essex Railroad is
teased and some of its bonds guaranteed. From
IHie last annual report published in CHRomcLK (V.
W, p. 13), the foHowing comparison is taken:
Gross
Net
Stock and
Earnings.
Earnings.
Debt.
$6,28S,f07
$4,459,92.3
1875
$32,B13,186

»f

W«.

5,S47,7M
6,348,465
4,746,678

3,S44,6:M
3,369,813
2,709,509

3«.5.35,a;}7

1871

3,35,484

I,549,7M

4,106,222

1,240,518

25,922,768
24,766,850

Vm...
fWl
W70

—(V.23, p. 232;

V.

35,775,769
S9,C33,!)4fl

23, p. 303.)

DtMKr Pfcirtc— Operated
Kansas

Pacific.

Land

in close connection with
grant, 1,100,000 acres.
In

'1874 g'osa earnings were $310,911; net earnings,
.{172,049: total income was $242,28?, and interest
'
urments, $136,663. Cost of road and equipment,
t,«4,S58. ("V.20, p. 669.)
<ft Bio Grande.— ThH is the principal narTow-guage road (three feet) in the United States,
inift whole line as projected is 8;5 miles.
(V. 23, p.

wr

.:ia9.)

7
7

do
do
do
do
London, Baring Bros.
New York Agency.

M..&

««• M.'&

1,000,000

7

J.
J.

500
100
100

5

A.

1
3ia

J.

&"j.

1,000
1,000
1,000
1.000

570,000
78,000,000
8,536,910
2,483,000

M.
M.
M.

&
&

A.

ife

M.
"e'
6
212
3J2

7
7

2,174,000
4,852,000
2,937,000

500 &c
100 &c.

7
7
7
7

709,500
182,600
3,000,000
4,457,714

1,000

£200

J

,

1,000

959

Sterling bonds, convertible, .£1,000,000
it

<Se

,50

4th mortgage, convertible
5th mortgage, convertible
Buffalo Brancli Bonds
Xong Dock Co. mortgage

& Dayton, which pays interest

Q.— J. N.

J.

1860
1863

3d mortgage

Dayton

A.

&
&
&
&
&
&
&

1,000

100 Ac,
100 <tc.
50

^«™ ^^e- ''"* "'

& O. Cincinnati, C.H.&D.Co.
Y., Wlnslow, L. & Co.
A J.
do
do
M. & a.
do
do
A. & O.
do
do
7
M. & e.
do
do
6&7 J. & J. N. Y., Am. Exch. N. B'k
3
Dover, Co.'s Office.
J. & J.
6
J. & J. Phila.,GirardNat.Bank
6
J. & J. Phll.,Fid'lityI.T.&.S.Co
7
F. & A.
Philadelphia.
2I3
New York Office.
Q.— J.
7
M. & 8.
do
do
7
do
do
J. & D.
7
M. & B.
do
do
7
A. & O.
do
do
M. & N. N. Y., Bk. of Commerce.
M. &. N. N. Y., Rutten & Bonn.
V- J. & J.
New York.
8
J. & J. N. Y., Mercantile Bank.
7
& N.
do
do
8
A. & O.
Boston, Co.'s olBoe.
8
J. &. D.
do
do
8
F. & A.
do
do
8
J. & J.
do
do
8
M. & N.
do
do
7
M. & N. N.Y.,M.K.Je8up,P.&Co.
8
M. & N.
do
do
7
J. & J.
do
do
M. & N.
7
do
do
6&7 J. & J. New York & Detroit.
««• M. & N. New York & London.
M. & N. N.Y.,M.K.Jesup,P.& Co.
7
A.
do
O.
do
8
F. & A.
do
do
7
J. & J.
do
do
7
M. & S.
do
do
10
Various
Detroit office.
3
A. & O. N.Y.,M.K.Je8up,P.,feCo.
7
do
J. & J.
do
7
J. & J.
do
do
7
J. & J. N.Y.,M.K.Jesup,P.&Co
A. & O.
7
do
do
N.Y.,
?«• J. & D. N.Y., N.Y. Cent. & Hud.
J. & J.
Brown Bros. & Co.
3
A. & O. N. Y., R. T. Wilson & Co.
7
J. & J. N. Y., Gallatin Nat'l B'k
6
J. & J. N. Y., R. T. Wilson & Co.
6
M. & N.
do
do
4
3
J. &
by P. &
Phila., P. & R. office.
7
M.&
3
Boston, Co.'s Office,
J. &
6
do
J. &
do
A. &
do
6
do
M.&
do
6
do
do
6
M. &
do
2
7
7
7

400,000
200,000
500,000
500,000

1874
1876
1860
1866

39
39
78
78
78

run

fucantees

1%

z^ll^.
Payable

1847
1849
1853
1857
1858
1861
1863
1865

Sastern Shore, (Jlfrf.)— Ist mortgage, convertible...
2d mortgage, convertible
£lmii-a it lvtSiam»por<—Stock common

Ham.

1,000
1,000
1,000

1856

May 1869

to

1,000
1,000

ioo

Ten Year Notes
Bonds

Prefened stock
1st mortgage bonds
Income bonds, 999 years

100
500
500 &c.
500

1870

1885, April 1865
to

150,866
51,000
150,000
250,000
100,000
110,000
103,266
5,000,000
296,000
586,000
81,500
450,000
3,200,000
2,500,000
1,968,274
2,999,000
730,000
147,000
190,000
1,309,200
495,900
4,997,600
194,400
160,000
1,000,000
500,000
3,516,000
1,000,000
3,000,000
2,000,000

1,000
1,000
1,000
1,000
Various

50-'56

Essex RR. bonds, Sept. 1856

Bonds due 1888, March, 1868

100 &c.
500 &c.

1863
1864
1863
1863
1870
1868

r

ou^srdLg «^t«

Road. Bonds Value.

tables.

JOajlUm d Michigan Com. stock (S^sguar. C.H.<SiD.)
Preferred stock, (8 percent, guar. C. H. &D.)
a-, \rj ^ ^_ —
lat mortgage, sinking fund, $30,000 per year. .

Ten Year Notes due

[October 28, 1876;

7

J.

A.

M.

J.
J.
J.

6g. M.

.&

&
&
&
&

J.

O.
J.
J.

N.
S.
S.

O.
D.
J.

D.
8.

Oct. 2, 1876
Oct. 3, 187S
July, 1881
Sept., 1887
Oct., 1888
Mar.,'814 '94
Jan. 1, 1905
Julyl, 1876
Jan. 1, 1880
July 1, 1895
1905
July 20, 1876
March 1,1881
June, 1892
March, 1885
April 15, 1880
May 1, 1899
Nov. 1, 1900
Jan. 1, 1904
June 1, 1891
Feb. 1, 1888
April 1, 1896
Deo. 1, 1897
Feb. 1, 1893
Julyl, 1889
May 1, 1880
Nov. 1, 1880
May 15, 1875
May 15, 1875
May, 1875
July 1, 1886
Nov. 15, 1873
Nov. 15, 1873
April 1, 1878
Feb. 15, 1886
Jan. 1, 1878
Sept., 1 1886

Various.
Oct. 15, 1876

1883
1894
July, 1883

188*

Oct.,

June, 1900
Jan. 1, 1908
April 1, 1876
July 1, 1900

1880 to 1386
1, 1886

May

July 18, 1876
Mar. 1, 1888
July 15, 1873

1876
1885
1888
May, 1889
1882
1892
Mar. 1, 1893
Nov. 1, 1884
Sept.,
April,
>Iar.,

1, 1880
1, 1886
May, 1876
do
July, 1876
do
Phila., Penn. Trust Co. Jan. 1, 1880
Phila., Penn. R. R. Co
Oct. 1, 2862
N. Y., Co.'s office.
Oct. 1, 1873
do
do
Oct. 1, 1873
do
do
May 1, 1897
do
do
Sept. 1, 1879
do
do
Mar. 1, 1883
do
do
Oct. 1, 1880
June 1, 1888
do
do
do
do
July 1, 1891
do
do
Jan., 1893
London.
Sept. 1, 1875

PhUa., Girard Nat. B'k. Jan.

do

do

Apl.

N. Phila., Penn. R. R.

O.

—

Last
Dividend.

Stocks

Co

Des Moines * Fort Dodge.— Thii> is part of the
Des Moines Valley, reorganized after foreclosure.
Coupons of Jan., 1877, are funded. (V. 21, p. 488.)

East Pennsylvania.— he^ed to Philadelphia &
Reading at 7 per cent on stock and bonds. Dividends are 6 per cent per annum.

Detroit Eel River dt Illinois.— To be sold in foreclosure. (V. S2, p. 305.)

21,

—

Detroit Lansing <fc Lake Michigan. The report
for 1875 is given briefly in the Chroniclb, Vol.
22, on p. 399. showing gross earnings of $739,704.
net. $210,896. Coupons on let mort. paid half in cash
and half in pref. stock; coupons of 1.
L. bonds
paid in cash. Foreclosure proceedings are pending.
(V. 23, p. 446.)
Detroit <t Milwavkee.—Th\a road was operated by
the Great Western of Canada, but defaulted in 1873,
and negotiations are now pending for settling the
debt. Of the bonds of June, 1886, $l,2.i8,000areinthe
hands of the Merchants' Bank of Canada, rwleemable $100,000 per year. The Detroit
Pontiac interest has been paid in whole or in part, and it is not
proposed to fund coupons on those or Oakl.
O.
bondt. (V. 20, p. 342, 311, 357, 383, 500; V. 21,

&

&

&

p. 186;

V.

82, p. 110, S09, 881, 599;

Dubuqve

cfe

Sioux City.

—Leaced

V.

23, p. 86.)

to Illinois Cen-

20 years, at 35 per cent of gross earnten years, and 36 afterwards. In 1875 gross

tral, in 1867, for

ings

first

earnings were $1,194,368.

Dvbugiie Smithwestern—¥aT\ey to Cedar Rapids,
la.— Gross earnings, 1874, $117,107— $5,8.0 below
1873.

Eastern (Jfa«».).— Company embarrassed 1875. V.
At request of bondholders, a general
p. 347.

mortgage was authorized by Massachusetts Legislature to fund the old issues of debt. Annual report,
V.21, p. 569; V. 22, p. 158. Funding proposal V.
(V. 80, p. 177, 343 V. 21, p. .323, 347. 535,
21, p. 612.
669. 612; V. 22. p. 45. 61, 87, 135, 158, :«1, 590; V.
:

23, p. 15, 63, 86, 134, 159.)

Eastern 5ftor«.— Formerly leased, but now operated on own account since December. 1869. Coupons for $316,000 overdue. (V. 22. p. 297.)

Elmira

d

WUliamsport.—he&Boi in 1853 to NorthRent amounts to $165,000

ern Central for 999 years.
per year.

.^•i^.— Mr. H. J. Jewott, the president, was appointed receiver May 26. Negotiations for settlement with
bondholders pending— see report of London Committee in V.22, p. 423. Int. on the first four mortgages
Foreclosure suits were commenced under
IS paid.
the fifth and consolidated mortgages, but in
February. 1876, overdue Interest on 5th mortgage
was paid by Maitland, Phelps & Co. The largest grosa
earnirgs ever made were $30,012,606, in 1872-3. The
following comparison for four years Is from the
company's report to N. Y. State Engineer for the
years ending Sept. 30
Gross
Net
Interest,
Earnings. Rentals, Ac.
Receipts.
;

Dunkirk AUegh. Valley

<t Pittsburg.— It. consoliStock, $2,300,000. Road leased
and bonds mostly held by New York Central &

dation, Dec.

1,

1872.

Hudson.
DMchtss

<fe

Columbia.

—Sold

In foreclosure,

Aug.

mortgage bondholders.
(V. 20, p. 15; V. 29, p. 321; V. 23, p. 169, 183, 256.)
East Tennessee Virginia <t 0«jryia.— Gross earnings year endinj June .30, 1876, were $1,058,951; expenses, $715,394, and not earnings, $343,559. Annual
10, 1876, for $297,.5O0,

report, V. 23, p.

to

40*.

first

1874-5
1873-4
1872-3
18T1 2

$17,677,746
18,698,899
20,";2,607
18,371,888

$4,993,616

$6,351,7SI

5,035,161
6 371,965
5,777,331

6,081,08.i

(V. 90, p. 988; V. 20. p. 61, 8.5,
593; V. 21, D.39, 63, 137. 159, 186,
393. 44!, 591, 612; V. 23. p. 41.
875, 423, 447, 487, 521, 545, 590;
134, 183,

an,

233, 353.)

8,425,280
2,989,445

14(1,451, 477, eSI,
207, 330. 277, 302,
42. 158, 23.3, 381,
V. 23, p. 15, 63,

570.
371,
305.
104.

;

)
:

.
.
.

RAILROAD STOCKS AND BONDS.

October 28, 1876.]

six

confer a sreat IkTor by Kl^lnx immediate notice •( any error dlaeorered in tbeae Tafelea.
Anulf— PrinalINTEREST OR DIVIDENDe.
Mllea Date Size, or
Amount Rate per Wben Where Payable, and by pitl, When DC*,.
of
Par
For explanation of column headinrs, Ao., gee notes of
Ooekt-V^ti
Road. Bonds Value. OutBtaudlng Cent.
Dividend.
at the bead of tlrst page of tables.
Payable
whom.

Sobnerlben

ivlll

DESCRIPTION.

£rie Railicay— {Continued)—
l8t conHoliduted mortgage, gold

4A0
450

$30,000,000)

(for

2d consolidated moitgiigc, .5-20, (f<)ri(il(),0(K),0OO)
New bonds (debentures) convertible tiU 1883

$1,000 $12,070,000
1,000
11, 400,000
1,000
10,000,000
50
1,998,400
100 Ac
291,700
100 Ac
92,300
1,000
2,193,000
800,000
I'.o'o'o
1,000,000
2,000,000
500 Ac.
814,000
£200
2,000,000
1,000
301,000
1,000
616,000
500 &c.
147,000
1,000
775,000
1,000
325,000
100
4,000,000
1,000
500,000
100
3,298,200
2,924,000
i',6bo
33,000
1,000
2,145,000
500 &c.
400,500
500 &0.
100,000
500
75,000
280,480
1,000
1,000.000
500 Ac.
800,000
1,000
400,000
500 Ac.
1,000.000
500 Ac.
200,000
100 Ac.
300,000
1,000
1,500,000
500,000
I'.OOO
1,800,000
1,000
500,000
500,000
I'.obo
1,700,000
1,000
1,493,000
100 Ac.
000^)00
100
4,200,000
544,500
i',6o6
2,000,000
1,000,000
2,800,000
1,000
4,000,000
1,000
4,000,000

82 ia

Pittsburg— Htov:^
lot mortgage, convertible into cousoUd. mort. ..
2d mortgage, eon vertiblo
ConBoUdated mortgage free of State tax
Eqiii pnient bonds
Hurop' n <e N.Am.— 1st M., Bang'rto Wlnn.,Bang'rrn
Land grant 1st mort. (2d niort. Bangor to Winn.).
Bangor & Piscataouls, Hangor loan, Ist mortg...
let mortgage, sterling, on N. Brunswick road
Hvatisv. <e Vraw/(irilsv.—l»t m., Ev. & 111., 8. f
1st mort., sinking fimd (Evausville to Terro H,)..
Rookvllle extension
Hvanville, Terre llaute it Chie.—lat mort., gold
2d mortgiige, gold
,
Erie

1870
1874
1873

<e

81 "a 1862
81»3 1865
Bl>a

1868

"50
58
40
88
51
109
23

1869
1869
1869
1807
1852
1854
1860
1870
1873

50
50
94

FUehburg—Hiock
Bonds, coupons ($1,000,000 authorized)
Tlint cS Fere Marquette— Stock
Consolidated mortgage, sinking fund
let m. on 20m., 2d on 10; 1. gi-. 1.5.3,600 i*., 2d d.
let mort., land grant 3.58,000 acres, 3d div
Flint & Holly RR. (sink'g fund $25,000 per year).
Bay City, E. Saginaw, Ist mort., guar by lessees.
Bay <>)nnty i88uc<l in aid, guar by lessees
Construction bonds
Holly, Wayne ic Monroe, Ist mort., sinking fund.
Tltiahing, Northshore <« Oen«.— let mort. (Fl. & N. 8.)

1874

233
233
60
190

1872
1866
1868
1868
1867

17
13

,

C5
58

-

2d mortgage

(Fl.

&

N.

1871
1869
1870
1872
1873
1870
1869
1871
1869
1871
1871
1873
1872
1870

8.)

Central of L. I., 1st mortgage
do
do Extension 1st mortgage
Fonda, Johnstown it (lloversmlle—lat mortgage
Fort Wayne, Juckson t£ Saginaw— 1st mort., coup...
2d mort. and equipment bonds, coupon
Fort Wayne, Muncie d; Cincinnati— Ist mort., gold.
2d mortgage
Franiiigham it Lowell Ist mortgage bonds

10
100
100
109

—

109
26
82

—

—

50
35
232

Oalocston, IIarrisb.it San Anionic Ist mort, gold.
Galveston, Houston it Hend. of 1871— Ist mort
Oeneea, It/iaea it A tliens— let mort., s. f., gold
Georgia Itailroad it Banking Co. Stock

Bonds, not mortgage
it Sprina/leW— 1st mort., gold.
2d mortgage, gold
Grand Rapids it Indiutui—Stock
Ist mort., land grant, gold (guar, by Pa. BR).
let mort., land grant, gold, not guaranteed
Income mortgage bonds, for $10,000,000
Grand Trunk (7(f»rtrfa)— Consolidated stock
New stock for £10,000,000
Debenture stock for £8,000,000 (act of 1874)
Canadian debentures
I^quipment mort., Ist on all rolling stock
do
2d
do
do
Postal bonds, &c., eecured by gov't business

(tilinan, Clinton

1870
1872

i'lO

.

110
335
335
335
335

..

iso'o

1869
1875
1873
1875

.

do
conv
Great Western Canada)

1,060,000
3,111,500
500,000
500,000
1,200,000
3,218,149
2,327,808
7,166,910
£4,459,309
288,883
1,998,275
127,000

do

2d

—

Common stock
(
Preferred 5 per cent, convertible into common.

495%

£20ia

350
350
350
350

£100

Debentures
Mortgage bonds, coupon
do
do
do
do
New bonds, coupon
Greenville

it

CodoiiftKt— Ist mort.,guar.by State

it

i43
69
275
275

—

Erie <t Pittsburg.— Ije&seiL in perpetuity to the
Pennsylvania Railroad and transferred to Penn. Co.
the terms guarantee 7 per cent per annum on stock
and debt. Net earnings, 1876, $'22l),787. V. 80, p.

—

Defanlted in
North American.
A very complete statement of debt, includ1875.
ing bond* pledged for loans, in V. 21, p. 81.5. Interest is paid on 1st mortgai^e and Bangor & P. (V. 20,

Europmn

p. 615;

V.

<ft

21, p. 15.

374; V. 23, p.

EoantMle

m. 315, 318,

395, 418;

V.

8i,

tiS,

266, .329, 358.)

<fe

CrawfordsviUe.— Common stock

is

Evamviile, Terre Haute <fc Chicago.— Im 1874-5 net
earnings were $114,089. (V. 21, p. 136.)
Fitchburg.—lj^&«<» Vermont & Massachusetts.
Net eaminss 1874-5, $.394,023; dividends, 8 per cent

some

years.

(V. 21, p. 39,

590.)

Flint <t Fere MarqveUe.—OroeB earnings 1876,
The lands arc in
$1,()65,06S; net earnings, $358,498.
five tmet; sales in 1875, 7,430 acres, for $81,6.38;
total to Jan. !, 1876 26J,999 acres, for $2,143,961;
lands yet unsold, 248,502 acres. Coupors on consol.
bonds piased Nov., 1875, and part were funded. (V.
20, p. 498, 593; V. '21, p. 488, 531; V. 21, p. 568;
V. 23, p. 159.)

F?/ining, Northshore <t Central.— A consolidation
ia i874 of seven companies. Operates Southern of L.
'There arc, in additiuu to above, $25,000 N. Y.
I.
Flashing RR. 78; $149,000 North Shore 78; and

A

$93,000 Wiutestone

&

Westchester

78.

(V. 20, p.

382.)

Fonda, Johnstown

dk

OloversviOe.-l'let earnings

1872-3, $45,957.

Fori Wayne, Jackson

cf;

So^naw.— Traffic

guaran-

tee 40 per cent from Michigan Central. Interest was
p.-.5Sf d January, 1874. Gross earnmgs, 1874, $282,882;
net «1!7,309. (V. 19, p. 3fi6; V. 20, p. 591 ; V. 22,
aes.)

7
7

6

6A f
7
7

7g.
7

"e
7
8

10
10
10
8
8

7
7
7

7
7
8

8

I'7

!«•
7

!«•
8g.
"7'g.

7g.

1,386,000
9,167,700
5,087,224
3,000,000
109,000
4,000,000

1,000

.500,000

1867

1,200,000
1,182,550
700,000

50

....
1

1853

^^
4

A
A

g-

IVt
2I3

A
&
A
A
A
A

5

6
5><!

5>3

6

7

7g.

eft

A Fitchburg;

6
7
8
8

10

Net earnings

<ft

Mar.

May

1,
1,
1,
1,
1,
1,
1.

JiUy

1,

April

July
Jan.

Nov.
Aug.

Aprill,

I80«
190K
ISTTV
I883I

iswr
1S9»
1890
188»
1S9»
I89»
180T
issrr

1887-

I88»
ieo»
187«-

189«

May, 1902

•

Jan.
Sept.

May
July

1,
1,
1,
1,

Sept. 1.

Jan.
Jan.

May
Mar.

May
July
July

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

Oct.,
Oct.,
April,

188T1888.

188»
1882
188T
187S
1901

ISa»
1902
190S.

190»
188»
1881
1889-

189®

1891
1910
JiUy 1, 1902July 1, 1890
July 15, 1876yearly to 1890
Sept.,

Jan.,

190O
1898

1899
189ft

Geneva, Tthaca & Athens. —Consolidation in 1874 of
Geneva & Ithaca and 1 thaca & Athens. In Receiver's
hands, April, 1875. Sold Sept. -J, 1876. (See V. 83,
p. 256, 304.)

Georgia Railroad <ft Banking Company.—The annual report for the last fiscal year, ending April 1,
A com1876, was published in V. 22, p. 469.
parative statement for three years was as follows
1874-5.
1875-6.
$1,281,907 $1,194,324
8S6,097
641,677
552,646
455,809

Operafg expenses.
Net earnings
684,334
I n May, 1875, this company, with the Central Ocurgia,
purchased at foreclosure sale the Western Railroad
of Alabama. (V. 19, p. 247; V. 21, p. 395.)
Clinton

eft

3prinsfleld.—Th\9

A.

M.
F.

U.
'.I.

Galveston, Houston i!k Henderson.— T^et earnings
1874, $2.55,375.
(V. 22, p. 375.)

887,4.50

J.

6

San Antoilo.—ln prog-

1873-4.

O. London, at Co.'s Office,

J

do
do
do
do
do

J.
J.
J.

do
do
do
do
do

do

A.

do

London A Montreal,

J.
J.

London Joint Stock B'k.
do
do

do
do
do
D.
Columbia,
do

A

company

defaulted in 1874, and was sold June 8. 1876. (V.
20, p. 404. 570. 615; V. 81, p. 39, 63, 110; V. 22, p.
375,614; V. 83, p. 86.)

Grand Rapids <ft Indiana.— An offlcial description
of bonds was given when they were put on
the call of the New York York Stock Exchange, In January, 1875, as follows: #4.000,000
are * Guaranteed Bonds." Principal and intereat
guaranteed by the Pennsylvania Railroad Company, and are also a lien upon the land grant.
No. 1 to 4.0 0.
$3,020,000 are " Unauaranteed
Bonds," which are
secured by
the
same

1877

ISaO

Perpetual.
Irredeemable^
Irredeemabtek
Irredeemable.

O.
O.

April,
April,

do
do
do

O.
O.

April,
Jan.,

1874
1874

Perpetual.

187e
187T
1878
Dec., 1890
1881 to 1389
July,
Oct.,
Oct.,

Co.'s Office,

do
Jan.

J.

1,

190S

Aue., 1870-

IJ.

1874-5, $310,374. (V. 22, p. 375

Tot. gr.carng's... $1,571,785

J.

3>a

ZoweH. —Leased to Boston. Clinhas also $150,000 8 per cent bonds.

Galveston, Hartisburq

Oilman,

2,

Jan. 1,

"7'

16, p. 188.)

ress.

A
A
A
A
A

6g.

396.)

Framingham

Mar.

A J.
A O.
J. A J.
A. A O.
J. A J.
Boston.
M. A .8
New York.
A. A O. Boston, Second N. Bank
London.
J. A J.
J. A J N.Y.,Farm,L'an A T.Co.
H. AN
do
do
F. A A.
do
do
H. A N N.Y.,Farm.L'an A T.Co.
do
do
J. A J.
Boston Office,
J. A J.
do
A. A O.
M.AN. N.Y., Merch'ntfl'Ex.B-k.
J. A J. N. Y., Meohan. Nat. B'k.
do
do
M. A 8.
do
M. A N.
do
J. A J Newark, N. J., 8av. Ins.
M. A 8.
New York,
do
J. A J
J. A J. N. Y., Mcch., Nat. Bank.
M. A N. N.Y., Chatham Nat. Bk.
do
de
M. A N.
do
do
M. A 8.
do
H. A N.
do
J. A J N. Y., St. Nlch. Nat. BTt,
J. A J. N. Y., Farm's. L.A T. Co.
do
A. A O.
do
A. A O.
Boston, Office,
do
A. A O
F.AA,
Bost. A London.
J. A J. N. Y., F.P.James A (^
J. A J. N. Y., Metrop. Nat. B'k
J. A J, Augusta,Qu., RR. Bank
do
J. A J.
do
M. A 8. New York and London
J. A J.
J. A J. N. Y., Winslow, L. A Co.
do
do
A. A O.

Various.

Fort Wayne, Muncie eft CTncinno/l.—Receiver
appointed November, 1874. (V. 20, p. 186; V. 28, p.

ton
(V.

8«pt. 1. ig2<»

Jan. 1,
do
N. Y., Union Tmst Co. Sept. 10,
July 1,
do
do
April 1,
do
do
July 1.
do
do
Oct. 1,
do
do

A.

632,237

100
100

I

lyondon.

J.

p.

111,044,400; preferred, $100,000. Net earnings 1874-5,
*. 41,426. 'rhe company has paid interest regalarly,
bat no dividends. (V. 21, p. 488.)

for

1,000.000
1,413,071

1863
1870
15
53
54
54

New York and London.

Q.-M.

1876

1853-7

let mortgage

6.)

485,000
62,000

Various

—

42

£100
£100
£100

145
143

.

Pacific— Int mortgage
Bannibal it St. Josei)h Common stock
Preferred stock (7 p. c. yeiu'ly, not cumulative)
Missouri State loan
Land grant mortgage
Bonds 1870, convertible
1st mortgage (Quincy & Palmyra RR)
1st mortgage (Kansas City &. Cam. RR.)
ffarrisb., PorLtm'th, Ml. Joy it Lane. Stock
Gulf, Western Texas

ii'oo

3.50

Bonds not gu.iranteed
New mortgage (for $2.500,000)

8.

D.

7,.500,000

.

do
do

7
7

A
A

Q.-J.

£3,486,787

let pref. bonds, conv. into 1st prcf stock

2d
3d

1%

J.

(1)

£25
£100

1,377

(

M.

l^7 «•

A
A
A
A
A
A
A

J.

.

do
do
do
do

S.

A.
J.
J.
J.

1884-1887

Y., B'k. No. America,

O.

April 1, 188K
Mar., 188S

do
do
do
do

Jan., 1892.
Jan., 1892

July
July

Phila., Co.'s Office,

do

do

1,
1.

I87»
138S.

on the ex."Ex. Land Grant

mortgage as the guaranteed bonds
tire

$U80,000 are

land grant.

Bonds," being a part of the orignal $4,000,000 onguaranteed bonds, which have from time to ti]B«^
Been redeemed bv the operations of the sinldD|C
fund. When the land certificate is detached tbtv
are no longer a lien on the land, but, by the ternae ma
the trust deed, remain a fl st morti age on the wlMto
Ime and appurtenances. No. 4,001 to 8,ft^. €^»»
pons April and October. Annual report, V. 91,

^

510.

(V. 21, p. 110, 534.)

Grand 7V»m* (Canada).— These
pounds

sterling.

fignres repreeeial

Gross earnings in half year endfas
expenses, £818,408; net earnReport in V. 82, p. 445. (V. SI, ix.

.Jan. 1, 1876, £1,023.8.5?;

ings, £305.450.

440;

V. 23, p. 134, 159.)

Great Western (Caiwida).— These figures are givea
Company leases several roads ia
In pounds sterling.
Canada, amounting to 156X miles, and the Detroit
& Milwaukee. 189 miles. For the half year ending
July 31, 1876, ths gross receipts were £394,1^;
working expenses, £290,647; net e&mings, £104,n8.
Rejiortln V. 22, p. 446. (V. 21, p. 442, S4«: V.
23, p. 134, 159, 379.)

Greenville it Columbia.— Tii\» company defaulted
several years since, but compromised with Its boad^
holders.
(See Chronicij:, V. 16, p. 220; V. IT, pw
460, 762;

V.

20, p.

568;

V.

22, p. 110.)

Ou(f, Western Texas <ft Poci/fc.— Net earainn,
1874-5, $50,000. Overduecoupons, $2i2,6S0. (V.

M^

p.

4*8;

V.

$1,600,000

S3, p. 256, 353.)

St Joseph.— Of the Missouri StateleiB
was extended for 20 years. It is stateA

Hannibal

eft

that the Co. has |2.5(i0,'Ci0 In land notes, and 90,80fr
acres yet unsold. A change In the directors teok
place Nov., 1875. No report has been issued tiatm
1872.
112.)

(V. 21, p. 442, 488; V. 28, p.lB6, 328; V. 2*. pi.

Harrisbura, Portsmoutti Mount Joy <ft Lanta»t» .~
Leased to Pennsylvania Railroad, which ewM k
majority of the stock.

.

.

.
.

BAILROAD STOCKS AND BONDS.

XX

[Octoter 28, 1876.

Sabaerlbers will confer a sreat taror br kItIuk Immediate notice ot muj error dlscorered In tbeae Table*.
Bon<f«— Prlnol
DESCRrPTION.
INTEREST OR DIVIDENDS.
Miles Date Bite or
Amount Rate per When Where Payable and by pal, When Due.
Vor explanation of column heuiUuKB, &o.t see notes of
of
par
A'toffc*— I>a»t
at the bead of llret page of tables.

aartf.,Pr<n.

JtoAfciH— 1st mort. (R.
BoutaUmic Stock
Prof erred stock

—

<«

Road. Bond; Value.

261s 1853 $500Jce.

I.)

120
120
74

2d mortgage
Bonds of 1869
Bonds of 1873
Bouslon

Ttxan C'en/.— Ist M., (main) gold, l.gr..,8.f.
1st mort. West dl v. (Hempstead to Austin)
Ist M., gold.Waco & N'wcat (Bremond to Waco)
Conso!. Kvirt., 1. gr. (coupon, but may boreg'd).
JSunHngdon d Broad Top— Ist mort., gold
2d mortgage, gold

343
118
47
461

<t

,

3d mortgage

.consolidated

M

Redemption, Ist aud
series
General mortgage, sterling
Sterling bonds, (sinking fund $100,000 yearly).
Mortgage, sterling
'IndUinapolts, Btoomington <t ire»(.— 1st mort., gold.

2d mortgage

&

W., Extension, Ist mort., gold

JjMjian'poitiDec.rf Snr.— lstM.,gld (for$l,800,(X)0)
2d mort., (Income bonds only till July, 1881)...
.Indianapolis, Cincinnali <£ Lafayette Stock
Preferred stock (issued for funded debt bonds) I'Indlanapolis <b Cincinnati of 1858
tlndianapolls, Cincinnati & Lafayette

—

do

do
bonds, coupon
do

rundfrd Interest
Equipment bonds, registered
Cincinnati &. Indiana, 1st mortgage
2d mortgage, guaranteed.
Indianapolis <t St i/Oui«— 1st mort., in 3 series.

.

2d mortgage
Equipment bonds
indtanapolia <t Vincenneg— 1st mortgage, guar.
2d mortgage, guaranteed
Xtitemational <£ Great Northern Consol. stock

.

—

International, Ist mortgiige, gold

& Great Northern, Ist mortgage, gold,
& H. & G. N. conrertible bonds

Houston
tat.

do

do

2d mort., (exch'ble

for convert.)

fowa

Falls <t Simtx Oi7.v—Stock
Ist mortgage, April 1, '69
Iron iloiintain, Chester it S.—latmortgage, gold

fack»mt>., Penjf.d; Jfofc.— Florida State bonds, gold..
feffereon (Pa.;— Ist & 2d morts. (Hawley Branch) .
Ist mortgage (Susquehanna to Carliondalo)
feffersonville, Madison <t hid ianapol is—Stock
JndianapoUs A Madison, 1st mortgage
Jeffcrsonville, Madison & Ind., 1st mortgiige

do

do

2d mortgage

terseu City a A Ibany— let mortgage, gold
Ridgefleld Park, (N. J.,) lat mortgage
7oliet t£ Northern Tndiana-X^t mortgage.
futuUon, Philadelphia Ist mortgage.

—

2d mortgage
Kansas OUy, St. Joseph it Coimcil Bhiffs—Stod
_

1st mortgage. Council Bluffs & 8t Joseph.
St. Joseph & Council Bluffs, 1st mortgage. .
do
do
convertible
Mo. Valley, 1st M. ($1,000,000 of it is gold)
Kansas City, St. Jo. &. C. Bl., consol. mort.
New consolidated mortgage (for $8,000,000)
Three year notes
.

[
f

100
100

1869
1873
1866
1870
1873
1872
1854
1857
1865

^-r
c,o

Kansas ratiflc—Stock
1st M., 394tb to 639th mile, I'd gr., 3,000,000 ac's
Ist mort., gold, coup., on 140 miles west Mo. Riv.
1st mort,, gold, 140th to 393rt mile
ad mort (to U. S. Gov.) on 394ni. west Mo. River
Ist mort., com)., (Leavenworth Brancli)
Income bonds, coupon, 3d mortgage on 427 miles.
1st land b'ds, cp, or reg., gold, on 2,0(X),000 acres
2d land mort., do
do
do
Arkansas Valley, Ist mortgage, goW, guaranteed
June. C. & Fort K., Ist mort., gold, laiid gr., guar

Kenl County, (Md. )—lBt mortgage bonds
Kentucky Cc?i(rai— 2d mortgage
3d mortgage

Cent.

$481,000
820,000

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

"h
?«
4
6

Interest passed

IlUnoia Central.—
•all

1875 were $38S.829; net,
on 3d mortgage bonds.

A general mortgage provides for

now outstanding. It' is
The Company holds amon;

the bonds

16,000,000.

limited to
its assets,

seven per cent bonds of the N. O. St.
ouia & Chicago RR. These Bonds are part of
M,000,000 which bear a i)ur(ha8ing agreement of
SSOO,000 per year, but are not guarantoed by the III.
jOent. Annual dividends for three years past have
*ee» 8 per cent, and previously 10 per cent. The
fallowing is a comimrlsou for four years:
Gross
Net"
Interest,
Year.
Earnings.
Earnings,
Ac.
4,84-J,000

t

lan
1W4

$7,S0'i,55ti

7,900,721

1878

670,081

$661,093

8,77.'5,36^J

413,610
55S,437
557.42J

8,288,3-25

20, p. 61,

2,5,30,891

8,026.734

187*.

—(V.

$-2

2,101,107

140, 288; V.

21, p. 489;

V.

82, p.

'Indianapolis, Bloominrilan c* Western—TiclimM was
•iowt made July. 1874, and affairs are yet unsettled.
Reeeivor"e certificates issued to Aug. I, '75. $80'),000.
The Danville, Urbana, Bloomington Pekin is part
of this road. Plan of re-organization, V. ii, p. 110.

&

<yol.ao,p.

6'.

(05: V. 21, p. -M-^. 27r, .348,
5S*, p. 16, CI, 110, 237, 375; V.
21, p. «J, 112.)

:J1)3;

V.

A.
F.
A.
A.
A.
A.
J.
J.

A.
J.

7
7
10
7
7

7
7
8

7
6

7'g.
!«•

A O. N. Y.,Amer. Ex. Bank
A A.
do
do
A D.
do
do
M. A S.
do
do
M. A 8.
do
do
J. A D.
do
do
J. A J.
do
do
Various N. Y., Wlnslow, L. A Co.
A. A O.
do
do
J. A J
do
do
F. A A. N. Y., Farm. L. A T. Co
A

do

N.

A.AO

1897

Feb.,

June, 1899
Sept. '78,'80,'83
Sept. 1, 1883
Dec., 1892
Jan. '77, '82, '67

July
Oct,

July

do

1919
1900
1881
1908
1900
1,
1,
1,

N. Y., National City B'k AprUl, 1911
do
do
Jan. 1, 1900

J.

F.
F.

Oct.toJ'ne,74-5
,

,

,
,

,

,

,

,

426.)

<t

issue of

Texas

* Sioux CUy.—Leasei to IlUnois Cenper cent, on earnings. Quarterly dividend
per cent, June 1, 1876, on $4,635,000 stock.

Iowa Falls
tral at 35

Iron Mountain, Chester <S Biwtera.—-This was formerly the Chester & Tamaroa. Bonds are in default since 1873, and a receiver has been appointed.
(Vol. 19, p. 620; V. 22, p. 614.)
Jacksonville, Pensacda A Mobile.— Thia road is
mortgaged for a like amount of Florida State bonds,
and IS held by the State's agent. (V. 19. p. 629; V.

V. 23, p. 158; V. 2i, p. 63, 266.)
Jeferson.-LcateA to the Erie Railway Company,
which pays interest on the bonds. (V. 14, p. 628.)
21, p. 591;

ApHl, 1888

,

bonds granted it, but tbe grant was repealed and
land given instead. (V. 20, p. 186, 291, 313, 383: annual report, V. il, p. 398; V. 23, p. 403 )

1«

1,
1,
1,

A N. N. Y., Lond. A Frankf't. May 1 1899
6g. F. A A. N. Y., Bk of Commerce. Aug. 1, 1895
do
J. A D.
do
June 1 1896
Payable "a by transportation.
1895 to '97
M. A N. N. Y., Bk of Commence Jan. 1 1896
7
M. A S.
do
do
July 1, 1916
7g. J. A J. N. Y., Lond. A Frankf't. July 1 1880
M. A S.
New York.
Sept.,,1886
7 g. A. A O. New York A Frankfort. April 1, 1903
New York.
April 1, 1903
7g. A. A O.
J. A J. Phila., Com Exch. Bank Jan. 1
6
1889
M. A S. N. Y., Bank of America. March ,1883
7
J. A D.
do
do
7
Jxmo, 1885

—

The company had an

April
April

M.

Great Northern ( Texas).—Thla is a
consolidation of the International and the Houston
Great Northern. Interest passed and fundin? progreasing.

1876
1890
1895
AprUl, 1903
Dec. 1, 1905
Oct., 1909
Oct.. 1890
1912
Jan. 1, 1906
July 1, 1906
Aug.

10

,

(V. 20, p.

18S9
1883
1, 1891
1, 1891
1, 1903
Oct. 1, 1912
Oct. 1, 1890
Feb. 1, 189S
April 1, 1895

July
July
July

F.

M.

1876

1,

A J.
AA
do
Aug. 1, 1892
do
A A.
Feb., 1904
io
do
Q.-M.
Sept. 1, 1876
A. A O. N. Y »at. Park Bank. Ain-il 1, 1899
7
M. A N.
May, 1901
New York.
1900
V- J. A J.
7
J. A J. Honesdale Nat. Bank.
1887 A 1889
J. A J. N. Y., by Erie Railroad. Jan. 1, 1889
7
1% Q.-F. N. Y., Farm. L. A T. Co. Nov. 1, 1876
JL A N.
7
do
do
May 1, 1881
A. A O
do
7
Oct. 1, 1906
do
J. A J.
7
do
July 1, 1910
do
J. A J.
1913
I'- M. A N.
New York.
May 1, 1912
J. A J. N. Y..Farm. L. AT. Co. July 1, 1874
8
6
A J Philadelphia Office. July 1, 1882
A. A O
do
6
do
April 1, 1900
V J. A J. New York and do
Boston, Jan. 1, 1880
M. A 8.
do
10
Sept. 1, 1892
J. A D
do
June 1, 1874
do
8
7A7 g. P. A A. N. Y., Farm. L. A T. Co. Aug. 1, 1893
M. A S
do
do
Sept. 1, 1890
F. A A.
Boston.
Feb. 1, 1898
8

Indianapolis tS Vincennes. Is controlled by Penn.
stock ownership, and interest is guaranteed by Penn. Railroad.
Net earnings in 1875

were $32,708.
Inkmational

do

J.

Jiffersonville, Madison <b Indianapolis.— l-enaeA in
1871 to Pittsburgh, Cincinnati
St Louis Railroad
for interest and sinking fund of bonds and 7 per
cent, a year on stock. Lease transferred December,
1872, to Pennsylvania Company.
In 1875, net earnings were $468,281. (V. 20, p. 426.)

&

Jersey City it

Albany.— 'RoBd was

was stopped
off.

in panic of 1873.
(V. 19, p. 365; V. 21, p. 613.)

in progress, but
Bondholders held

.loliel <t Northern /nifiona.— Mich. Central offered
to extend with a 6 per cent. bond, but court decided
that total rent must be applied to principal and
interest of bonds; still in litigation. (V. 20, p. 85,
140, 429; V. 21, p. 110; V. 2J, p. 6«7.)

p. 395.)

Co through

Jan.

B'k.

A.

7
7

Hartford, Providence & MshkUl.—Th\s road forms
Indianapolis, Cineinnati tfe Lafayette.—The compart of the proposed Mne of the Boston, Hartford pany defaulted July, 18T6, and Mr. Ingalls, President,
The bonds fell doe Jan., 1876, but city of was appointed receiver. Gross earnings, 1875-6,
Providence declined payment and salt is pending. $1,637,061; net, $717,697. (V. 21. p. 207, 277, 464,
(V. Si, p. 87, 304.)
465; V. 22, p. 257; V. 2!, p. 112, 135, 183, 377.)
JSdusatonlc.—hea.sei Berkshire Railroad, StockIndianapolis, Decatur & Springlield-This em•liridge A Pittsfleld, and West Stockbriilge.
Gross braces the former Indiana & Illinois Central. The
•earnings in 1874-5 were t(782,(X)9; not, $822,173. The second mortgage is issued lo holders of old I,& I.C.
mort. boBdj due 1877 paid off Nov., '75. (V. 2i, p. firsts, and till July, 1881, interest is payable out of
asa.)
net earnings only, if sufficient. The remaining 67
Boustonit Texas Central.—Oroas earnings in 1875-6 miles to Indianapolis is in progress.
were t3,156..S05; net earnings, $1,.'H8,130. Interest
Indtanapolli & St. Louis.— "Vhe stock, $600,000, is
charge, $975,000. Capital paid in, $8,000,000. (V.
oivned by Pennsylvania Co. and C. C. C. A I. This
ao, p. 77, 140; V. n, p. 828; V. 23, p. 158.)
company forms part of the Pennsylvania system, and
Huntingdon A Broad Tbp.- Capital stock is $1,leases the St. Louis, Alton & Terre Haute. (V. 21,
998j250. Gross earnings in

ao6.)

Am. Nat.

do

I'-

A Erie.

*166,480.

Bridgeport A Boston. Oct. 10,1876
A. Bridgeport and Boston.
1885

Hartford,

& J. N. Y., Nat'l. City Bank.
A J.
do
do
& J.
do
do
A O.
do
do
A O. Phfladclphia, Office.
A A.
do
do
A O.
do
do
do
do
N. Y., Co.'s Office.
A A.
A O. N. Y., Co.'s Office.
London.
A O.
A O. London.Morton R.A Co.
A D.
do
do
A O.
New York.
A J
do
A J
do
A^ New York, Co.'s Office
A J
do
do

J.
J.
J.

J.

V-

a

*\'. «8, p.

J.

A

F.

I'- A.
A.
i^- F.

6A7

Dividend.

&

2

7
6

Whom.

Pay'ble
J.

1,180,000
100,000
100,000
150,000
6,227,000
2,305,000

940,000
2,864,000
58
500
416,000
58
500
367,500
58
1,000
1,383,000
100,707
707 1851
ido 29,000,000
1864 500 Ac.
2,500,000
1875
£200
2,500,000
1874
£200
4,642,000
1875
£200
1,000,000
202 1869
1,000
5,000,000
202 1870
1,000
1,500,000
217 1872
1,000
5,500,000
85 1876
1,000
38,000
1876
2,667.000
1,000
50
5,587,150
1875
100
1,419,400
90 1858 500 Ac
1,600,000
151 1867
1,000
2,800,000
1,000
1,767,000
179J 1869
1873 150 Ac.
446,300
1873 500 Ac
353,000
20 1862
1,000
500,000
20 1867
1,000
1,497,000
71 1869
2,000,000
71 1870
1,000,000
1871
500,000
il7
500 Ac.
1,700,000
117
1,000
1,450,000
459
5,500,000
204 1871
i',6bo
3,264,000
255 1872
1,000
4,084,000
1872
1,000
3,116,000
459 1874
1,000
1,843,000
100
4,625,000
isi 1869 500 Ac
2,960,000
41
660,000
250 1870
4,000,000
9
1867
300,000
1,000
38 1869
2,000,000
1,000
226
100
1,994,500
86 1862 500 Ac
397,000
159 1866
1,000
2,439,000
159 1870
1,000
2,000,000
38 1873
250,000
12 1872
300,000
44
1,000
800,000
4ia
1,000
500,000
1,000
300,000
265
100
2,789,413
52 1868
500,000
1,000
78 1867
1,000
1,400,000
7K 1869 500 Ac.
539,500
130 1868
1,000
2,500,000
262 1870
1,000
887,000
1873
948,000
1871-2
305,000
673
100 10,000,000
245 1869
6,404,000
1,000
140 1865
1,000
2,240,000
253 1866
4,063,000
1,000
394 1865-7
6,303,000
34 1866
600,000
1,000
427 1866 100 Ac.
4,275,350
1870 250 Ac.
1,706,250
1871
1,000
1,500,000
56^ 1873
1,000
1,125,000
331?, 1873
1,000
600,000
34 1869 500 Ac.
400,000
844,000
99 1853
1,000
99 1855
1,000
237,000

Scrip for past due coupons
JUinois Central—Stock

lud.. Bloom..

Outstanding

—

Junction {Phil.) Owned by conncctins companies.
Cost of road $896,321; paid-up stock, $155,000.

Kansas City, St. Joseph cfe Council Bluffs— la addition to these, there are also funding bonds of about
$640,000 in different issues. Annual report for 1875
in V. 22. p, 495. Gross earnings in 1875, »1,382,708;
net, $351,809.
Stock, $2,776,000. Interest defaulted
Sept., 1873. (V. 20, p. 475; V. 82, p. 233, 495.)

Kansas Pacific.— In

1875

net

earnings

were

Tke land
$1,685,784 in 1874.
trusts, 2,000,000 acres in the first,

$1,572,880,

against

grant

two

is

m

from the

Ist to the 380th mile, and 3,000,000 acres in
the second, from 3S0th mile westward. Interest on
mcome bonds is payable in lands or cash, only out
of net earnings. TThe company now pays half the
cnrrent interest on its bonds, (except the incomes).
An important ecttleaient with Union Pacific made In
May, 1875. See annual report, V. 29. p. 38. (V.
20, p. 8, 85. 476. 501, 544; V. 81, p. 252, 466, 613; V.
22, p. 64<;; V. 83, p. 38, 86.)

Kent Co.— This road was completed in 1872, but
defaulted in 1873. No recent information received.
Kentucky Central.— Thia was formerly CoTingtoa

A

Lexington.

(V. 80, p. 500; V.81, p. 39.)

:

RAILROAD STOCKS AND BOKDS

October 28, 1876.]

ba«rlber«

eonMr a (rem* faTor by (ItIbk

irtll

DESCRIPTION.
For explanation

MUea Date

IntBiedlat* natle« or
Size, or

at the head

of
&o., eee notea
of
of tirat i>ago or tublos.
Road. Bonds,

Ee/>kHlcit Des i/oi/iM—lBt

mortgage

102

1874
1874

Value. Outstanding

Lake

Bhiiic

9.5

258
102
102
88
88

dlvideud bonds, April, 1809
& Tol. RK.) sinking fund

Ist mortgage (C.

2d mortgage

do

& Eric, mortgage

Buffalo

bonds

do
do

do
do

& Wliite Pigeon, Ist mortgage
& Three Kiver. 1st mortgage
Kalamazoo &. Schoolcraft, 1st mortgage
Kalamazoo, Allegan & Or. Kapids, Ist mortgage,
do
stock, 6 per ot. guar.
do
JameAto wu & Franklin 1 st mortgage

88

Kalamazoo

37

Schoolcraft

12
13
58

,

do
2dmortgago
Loike Superior d Uiis—lat mort., gold, l.gT.,g.f
Income mortgage bonds
Launrenee—Stock
Ist mortgage
Iieaven.y Law. d- Gatv, Ist mort., l.gr. ,8.f., eonv
Kansjie C. &8iiiitaFe, Ist mort., guar
Southern Kansas, Ist mort., guar
Lehigh A Lackawanna 1st mortgage
Lehigh Va/iei/— Stock, common and pref
Ist mortgage, coupon and registered
2d mortgage, registered
Gen. mort. gold, $ & £ (s. fd. 1 p.o. y'ly) coup. & reg.
Delano Laud Company bonds, endorsed
Xitwltiburg Centre <t Spruce Creeh— lit mortgage...

do

—

—

"6i
51
156
"22
17
145
33
10
15
202
171

200

,

—

2
5

P.
P.

,143,000

7
7
7

J.

141
81

lAUle Sehuylkill^Stook
Ist mortgage, sinking fund
Loganm't, Vrawfordsv. it S. W. of Itul.—lat mort., g.
Long Jgland Stock
Ist mortgage, main extension and O. C. Branch..

31
31
92
158
95

—

Newtown &

New

4
10
19
175

LouisvilUt Cincinnati it Lexington—QUyoit
Preferred 9 percent stock
Bonds to State Kentucky (perpetual loan)
liOuisTllle loan (to Loulsv. andFrankft)
I/OuigTllle, Cincinnati & Lexington, Ist mort

65
175
175
605

do
do
2d do
LouietiUed: XashvUle— Stock
Ix>uiHviIlo loan, main stem (no mortgage)
do

Lebanon branch, Louisville loan
Lebanon branch, 1st mortgage
extension, Louisville loan
do
Consolidated Ist mortgage lor $8,000,000
mortgage, l)ond8, gold
2d
Memphis & Ohio, Ist mort., sterling, guar

392
i'36

Mem(ihis & Clarksville br., Ist mort., sterling
Louistmlle, I'aducah it S. IT.— Ist mort
Lj/keiis Valley Stock
Macon it Auguttta 1st mortgage

—

83
185
20
77
77

—

Equipment bonds

"39

ttadison

it

Mortgage— lat mort., gold

Keokuk

<fc

Z)««ifoin«j.—Formerly East. Div. of Des

Moines Valley. Tlie stock is $1,524,000 pref. and
:$i,4O0,0O0 common. In year 1875-6 gross earnings
were 1741,339; net, $3ii6,838. (V. 20, p. 520; V. 82,
p. 588.)
Knox <fe Lincoln. Annual report, V. 22, p. 304.

—

LafayelU BUmninqton

Wab.

tt

& W. now to
;

MUs.

Formerly leased
Laf. Muncie & Bloom.

CV. 23, p. 353.)

Lake Erie & Loui8rMte.—T\i\^ road was a reorganization, and ha6 been financially embarrassed. Tnere
is a second mortgage of $51X1,000.
See V. 19, p. 86fi.
Lake Sliore cfe Michigan Southern.— tha annual report for 1875 was publi.shcd in the Chkonicle,
V. 22, p. 4*1, and balance sheet 447. Later
report to .June 30, 1876. V. 23, p. 254.
The following shows a summary of the figures for each of
the calendar years named
;

1875.
1,175

Miles
Grose earnings.. $14,431,198
Operat'g exp^s. 10,53:.500

Net

earnings....

Stock
Total debt

3,902,697
50.000,000
37,774,000

—Company's statement

of

1874.
1,175
$17,14«,13'J
11,I52,S71

1873.
1,175
$1<),4H,5''0

13,748,598
5,99.3,759
6,667,910
50,000,000
50,000,000
38.035,000
38,373,421
earnings for first half

of 1876, on which the dividend was declnred, showed
Burplns over interest of $1,035,000. (Sec V. 33, p. 33.)
(V. 19 p. 845; V. 20, p. 16, 85, 140, 461 V. SI, p. 9,
252,418; V. 23, p. 33, 254.)
iMke Superior tfc Mv<8isnppl.—V oxmaxXy leased to
Northern Pacific. Land grant, 1,6)2,000 acres. Foreclosure plan V. 2i, i>. 111. (V. 81, p. 372, 570; V. 23,
p. 2.3a, 645; V. 23, p. 33, 329.)
Lawrence.— Ijt&sai. to Pittsburg, Fort Wayne &
Chicago at 40 per cent on gross earnings. Lease
transferred to Pennsylvania Company. Net earuing.«, 1875, $84,177.
Sinking fund has $10,000 bonds.
(V.20.P. 42.^.)
Leacenworth, Laiorence * Oo^twston.— Defaulted
;

on

interest July, 1373. (V. 21, p.

lieliigh <£

Lehigh

l.'*7,591:

V.23, p.40.)
of

Lackc.wanna.—Opented by Central

New Jersey as a coal

road.

Fia*ey.— Tliis

company's

earnings

are

1

:t,H8ti,ooo
9,1 0.5,000

3,395,000
1,198,000
5,256,000
2,(J82,000

,000,000
1,000,000
1,112,000
1,595,000
3

500 &e.
1,000
1,000
1,000
1,000

500 Ac.

1,000
1,000

500 Ac
500 &e
50

1865
1869
1870
1872

1,000
1,000
1,000

50

1868
1870
1873
1872

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

1853
1864

1,000
1,000

1875
1870

849,000
200,000
300,000
2,850,000
400,000
100,000
100,000
840,000
610,000
443,000
500,000
4,500,000
1,500.000
450,000
344,000
5,000,000
720,000
160,000
300,000
27,092,297
5,000,000

1,000
1,000

"50

(i,000,000

11,129,000
1.707,000
1,515,000
4,008,000

50

1870
1873
1871
1871

500 &c.
100 &c,
50
500
500
500
500
50
100

1851
1867
1870

1,000
1,000
1,000

1856
1863
1863
1808

1,600
1,000
1,000
1,000

1871
1872
1870

1,000

1857
1870

100

£200
£200
100

1807
1,000
1809
1,000
197»3 e7-'70 500 &o.
197>3 1809 500 &C.

2d mort., endorsed by Georgia Railroad
Macon it Brxitiswick— Ist mort.. State endors
2d mortgage

to Tol.

i23
123
70

Flusliing

York &. Rockaway
Smithtown & Port Jefferson

1863
1809
1869
1872

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

19

Miami Stock, common
Ist mortgage
Sti'eet coimectittn bonds
lAUle liock it Fort ,S«it<A—New stock
1st M., Idgr't (750,000 acs) s.fund (for $3,000,000)
ZilUe Rock,Fine Bluff £ N. O.— 1st mortgage

Jjittle

1870
1870
1873
1872
1869
1855
1857
1859
1867
1809
1855
1866
1862
1866
1868
1869
1867
1867
1868

1,-500,000

525,000
5,000,000
1,900,000
750,000
2,046,100
723,500
1,500,000
3,300,000
1,.500,000

150,000
250,000
600,000
2,023,483
851,000
74,519
100,000
3,000,000
981,000
9,003,218
849,000
225,000
77,000
333,000
7,109,000
2,000,000
3,,500,000

2,369,710
3,000,000
000,000
400,000
370,000
2,500,000
1,100,000

500
1870

& O.
& O

A.
A.

4i),l(i(i,.500
r>:i:i,500

,

do

7

1,000
1,000

100 Ac.

1871
1872

—

8d mortgage

r

$2,300,000
258,720
2,395,000
1 ,300,000
1 ,092,000

$100(fecc

innrtgaRe

Jjafai/ette Jilooininglon <t Misn.—liit mortgage
82
iMk-e Erie ,1 Li»iiacille—lnt inort. ($1,100.000)
50
XaA*« Stuife it Michigan Sinilfievn Wtock
1181
Guaranteed 10 percent stook
Conaol. iHt mort,, (sink, fund, 1 per ueut) coupon
80i
do
re^lBtored
804
do
do
2d niort-cage, do. (for ^'J.'i.OOO.OOO) coup, and reg. 86t
Incouio bonds (s. f. $<iOO,0(K) per yr.) coup, or reg.
Mortgage bonds of Oct., IHl!!), Blnklng fund...
se-i
1st mortgage, Hiukliig funil, M. B. & N. I
451
2d mortgage, Mlehlgiui Soutlieru
451
'M mortgage (C, F. & A. KU.) registered bonds..
95

anr error Alaeovarad. In these Tables.

INTEREST OB DIVIDEKDS.
When Where Payable, and by
Wl
/horn.
Con
Payable

100
100

P'uiKlcd iuterofit I)oiida

Knox it Lincoln— Ist

Amount

Par

oolumn headines,

ot

XXI

1.50,000

1,000

eoo.ooo

8

?«•

7
7
7
7
7
7
7
7

7
8
8
8

3
7

7
g.

10
2>a

7

10
10
7
2
6

Dee.
Oct.
Oct.

Nor.

i,

Juljr

& O,
M. & N.
M. 4 N,
J.
J.
A. & O.
A. 4 O.
J. <& J.
A. &
J. &
M. 4
A. 4
&
<k
A
A
J. A J. N Y., Union Trust Co,
do
J. AD.
do
J. A J. N. Y., Boston A PhUa.
do
do
A. A O.
Pittsburg Office.
CI.-J.
F. A A. N. Y., Wln8low,L.&Co.
J. A J. N. Y., Farm. L. A T. Co,
M.&N.
Boston Office,
F.'i"A.
Q.
J.

A D.
A a
A D.
J. A J
il.A N
Q.-M.
M:<fe N
Various

&
A
A
A

A.

3

J.

7
7
7
3

A.

1877

Man ^^^

Jan. 1, 1880

1892
1890
1885
1886
1883
1886
1898
1890
July, 1887
July, 1887
July, 1883
Oct. 1, 1876
Jaa. 1, 1897
June 1, 1894
Jan., 1899
Oct., 1902
Oct, 1876
Aug., 1895
July, 1899
May, 1890
do
1892
Feb., 1897
Philadelphia Office.
Oct. 16, 1876
June, 1898
Beg. at office, cp.B'kN.A
Philadelphia Office.
Sept., 1910
do
do
1898 A 1923
Philadelphia Office.
Jan., 1892
May 1, 1902
Cincinnati.
Sept. 10, 1876
N Y., Bank of America. Mar. 1883
Cincinnati.
1894
Oct. 1,
April 1,

July

1,
April 1,
July 1,
Sept. 1,
April 1,
Jan. 1,

J.

O.

M.&N.
M. A N.
A. A O.
H, & S.

A
A
A
A

6
6
7

J.
J.
J.

8

6

A.
F.
A.

6
7

&

Bank of America.

Jani,'

July

Union Trust Co.
PhUadelphla Office.
do
N. Y., Jones A Schuyler.
Company's Office.
N.Y.,8t. Nicholas N.Bk.
do
do
do
do
do
do

Various
M. & N.

<Sc

1895
1900
1876
Oct, 1877
Aug., 1900
1873
July, 1890
May, 1903
AprU, 1901
Sept, 1001
June, 1869
July, 1873

Boston.

J.

O. N. Y.,

Q.—F.

4>a

4

1901
1892
187S
1876
1900
1800
1903
isse
1879

Louisville.

I.

7

7
8g.
"7

Aiig!,

April.

Aug.
Aug.
July

O.

4c

'

18M

AD.

a.
7
««• J.
7
2
6
6
"7'

1004

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

8

J.
J.
J.

N. Y.,

1,

April,
July,

1881

do
do
Jan., 1897
AprU. 1900
O. N. Y., J. B. Alexander.
A.
Louisville.
Aug. 1, 1873
O. N. Y., Drexel, M. A Co. 1886 A 1887

do

do

Louisville.

1886
Nov., 1880-'85

do
Oct, 15, 1893
A O.
& O. N. Y., Drexel, M. A Co. AprU, 1898
7
1883
M.
New York.
N.
?« J. & D. London, Baring Bros. Nov. 1, 1901
Dec.,
A
da
do
Aug,, 1903
F. & A.
Mch. 1, 1890
New York.
i«- M. & S.
2'3
Philadelphia.
Aug., 1876
Q.-F.
1887
J. A J. N.Y.,M.K. Jesup.P.ACo.
7
1879
do
do
7
J. A J.
Various N.Y., M.K.Jesup.P.&Co. 1887 to 1900
7
A. A O.
1889
7
do
do
A. A O.
1879
7
New York.
Oct., 1890
7g. A. A O.
income leased the Flashing No. Shore A Central, and the So.
A,
A.

from anthracite coal. The gross
from all sources, in 1874-5, was $7,318,067; net
$1,055,205.
After interest and dividends, there
was a deficit in 1874-5 of $93,053, taken from

chiefly

York.
York.

Union Trust Co.
do
do

iSc

7
7

7

New
New
Y.,

.

(l-J.
A.
A.

7

DlTldend.

do

do

& A.
A A.
& J.

J.

7

When Dae.
Ocekt-Umt

pal.

New York Office,

P. 4' A.
<fc O.

A.

Bon<i«— Priael-

reserve fund.
The company's report gives no
details of tiie construction account, nor of the
cost or value of its miscellaneous investments. The

operated together.
, and all lure
(V. ii, p.
V. 23, p. 1)2.)
Louisville, Cin. <* Leo:.— There are also $60,000 ol d

of L. I

135. 158, .375. 447;

bouds and $371,000 8 per ct. mortg. bonds of 187S
due 1902, and $1,582,600 7 per ct. mortg. bonds ot
l!<73 due 190.3.
The company defaulted on Interest

Amboy

1873-4.

$8,499,867

and pnrchasing agreement as proposed

A

branch was completed June, 1875, and
had been spent on it to December, 1875.
comparative statement for three years is as

foHows

1872-3.

1878-4.
4,150,660

1874-3.
3,277.527

329.
16,

Sale In foreclosure noticed for Dec. 4, 1876,
In V. S3, p.
(V.21,p. 277, 395; V. 22, p. 181, 358; V. »3, p.

6.3. l.liS,

389.)

535, 613.

Louisville, New Albany * St. Loxd* Air-Hn».—'
This road is projected from Louisville to St. Louis,
and has 28 miles built. To be sold in foreclosure.
(V. 20, p. 16, 3S7, 4.53; V. 21, p. 86; V. 22, p. 828.)
LouisvUle Jk Nashville.— KatauX report for year
ending June 30, 1876. in V. Zi, p. 376. Gross eaiainga of main stem, branches, and leased lines.
General result was a
$4,961,490; net, $l,9i>7,96r).
surplus of $207,09S, after paying Interest and all
Decatur is leased, and liabilicharges. Nashville &
ties for the South & North Alabama are assumed.
(V. 20, p. 16; V. 22, p. 157; V. 23, p. 879. 376.)
IjOuisvUle, Paducah A S. W.— Formerly' Elizabethtown A Paducah, to which Louisville city
loaned $2,000,060.
In September. 1874, interest
was passed. Sale in foreclosure took place Aug.
24. 1876.
(V. 20, p 857, 405; V. 21, p. 823, 395, 4M;
V. 22, p. 487; V. 23, p. 208, 231.)
Lykms Valley.— hetaeA to Summit Branch RaUroad at $62,.'>00 per annum.
Macon <f: Xusn«/a.— Leased and operated by the
Georgia Railroad, which guarantees all the bonds
except $100,000 of first mortgage. Gross eamlsgs,

LUtie Schuylkill. —Leased and operated by Philadelphia A Reading. Dividends, 7 per c^mt.
Logangport, OrawfordnviUe it S. W. of /njf.— De-

1975-6, $108,090; net, $1 l,»J8.
(V. 2'. p. 157.)
Macon <ft Brunswick.— TMa road being in defsnlt,
was sold June 2, 1875, and bought for the Stale;

Coal

(tons)

moved

Gross earnings
$6,710,565 $6,759,391 $8,016,495
Operating expenses.. 3,881,860 3,171,418 3,262,861

Net earnings

$2.825,7()5 $3,287,973 $3,783,683

Capital stock

23,2«!,44B 24,50.'), 447 27,( 92,'»7
10,875,000 16,859,000 K,129,OD0
1,837,613

Funded debt
Floatingdebt
Antnracite.

(V.«0,p. 311,593; V.22,p. 158; V. 23, p. 188.)
Xi^^ Jfiami.— This company leases the Columbus
& Xenla, and both are leased to Pittsburg, Cincinnati & St. Louis, guaranteed by Penu. KU., lessees

assuming interest payment on bouds and 8 per cent
on stock.
Net earnings, 1875, (L. M. & 0. & X )
$351,099.

(V. 20, p.

427.)

LUOe Kockit Fort S;ntW.— Foreclosed Dec. 10, 1874.
Re-organized and stock issued for old bonds. The
new mortgage is for construction to Fort Smith.
(V. 19, p. 58.3, 617, 639; V. 20, P. 62; V. 21, p. 418.)
HtUe Rock, Pine Sluf <fe /few Orleans.—SoXd in
foreclosure Dec. 10, 1^75, for $35,000. V. 21, p.

cree of sale made.

The

total liabilities.

September

1875. reported at $4,097,000, of which $323,000 were
receiver's certificates. (V. 20. p. 86,312,681,693;

V. 21, p. 302,613; V.

22, p. 63.)

Long Island.— Oram
net, $313,503.
made to Ur.

earnings,

1874-5,

$828,839;

In January, 1876. a sale of stock was
Poppenhusea, and this road has since

offered again for sale or lease January, 18^. TTie
Georgia Legislature declared frandulent $600,000 of
the endorsed bonds issued In 1870. (V. 20, p. 405.
501. 546, 670. 593. 615; V. 22, p. 3 of advort'isemeots.)
Madison
Rwfyaj*.—Consolidated as Chicago
Superior. No bonds could be negotiated aftw
the "Potter law." (V. it p. 16.)

A

A

.

.

.

RAILEOAD STOCKS AND BONDS,

ZXll
Sobscrlbers

irlll

[October 28, 1875.

confer a creat ntTor by clTlmB Immediata notice of any error dlacovered In tliese Table**

MUes Date Size, or Amount
of
of
Par
Bate per) When Where Payable, and
For explanation of ooliimn heading, &c., see notes
Road. Bonds Value. Outstanding
Cent.
Payable
at tile head of first page of tables.
Whom.

—

Mame

Central Stooll.
Interest scrip,
ist mortKage, consolidated.
Bonds (!i>l,XOO,000 loan) A. A. K.

$100

357i
33

Mains Central

357

RR

1872

100 &o.

1860-1

"38

"72

Kennebec, stock
do
1st mort., extended
coiwolldated mortgage
do
f Belfast A Mooseliead, Ist mortgage
Manchester <t Lawrence Stock
Uatisjield, Cold water <i L. if.— 1st mortgage
Mansfield di Framinqhain Ist mortgage
Marietta, Pittttb. <« Cleveland— lat M., $14,000 p.m.
Marietta i* Cincinnati-Stock, common
&,

1863
1865
1870

do
do

33
26
90
22
100
276

—

—

100
100
100
500<fec

100
1871
1869
1870

1,000

50
50
50

Stock, Ist pieforred

do

2d

do

Ist mortgage, dollar
Ist mortgage, sterling

2d mortgage
3d mortgage
4th mortgage for $4,000,000
Scioto & Hocking Valley RR., Ist mortgage
Bait. Short Line, stock, 8 p. c. guar by M. de

do

do

Cincinnati

Ist mort., guar,

by M.

&C

C

.

100

.

30

Baltimore RR., stock
do
Ist mortgage

<Se

do

Marqiutte, H. d O— 1st mort., I'd gr., M. &
Ist mort., I'd gr., H. & O., coup.
2d mort., land grant, M., H. & O.,
,ooup
3d mort.,
do
do
do
Maryland <t Delaware— lat mortgage

1869

C, coup.

1872
1871
1872
1873

44
94
109
54
54

2d mortgage
Memphis CAaWeitoH— stock

25

1873
1873
1860

291

—

isi

—

569
284
284
284
103
10

1872
1869
1874
1870
1870
1866
1869

39
39
94
94

116
116

I

236
57
57
126
125
140
32
35
100

MUwaukee, Lake Shored- Western — 1st m.,gold..
Mine Hill t£ Schuyikill Haven — stock
Mineral Point (^is.)—lat mortgage
Mississippi, Ouachita
Ked River— 1st m., gold.
Mississippi t£ Tennessee— Ist mortgage
(£•

Consolidated bonds
Tennessee State loan
<e

Texas— stock

do

f

McUne CentrtU.— The Maine Central leases peveral
The report of the year's operations,
December .31, 1875, had the following:

roads.

ending

"The total earnings for the year 1875 have been
$1,786,076 47; operating expenses, $1,147,066 83;
net earnings, J639.009 65— sufficient to pay all opcrAilng expenses, interest, coupons and rents, and
leave a small balance. In 1874 tlie total receipts
were $2,004,080 55. and operating expenses Jl.SSI,681 25.
Net, 1812.399 30. Showing a diminution
this year, as compared with last, in gross receipts,
$306,004 08; in operating expenses of jl34,614 48;
and in aet receipts of $I7.3„389 65.
"Of this reduction in our gross receipts the past
year, $71,.^ 56 was occasioned by the modification
of former contracts, for the purpose of producmg
uniform and harmonious action between the Eastern
and Boston
Maine roads, which will result, as we
trust, to the benefit and in the general convenience
of our patrons who have occasion to do business
over the railroads west of Portland. The balance
of the diminution in our gross receipts, $230,681 62,
mast be attributed to the general depression of the
buflincsB of the country, ami 'reduction of tariff by
•pecial rates.'" (Vol. ao, p. 313, 856; V. 22, p.

&

350«)

Manchester

<£

Lawrence.— 'Formerly operated with
as one line. Net earnings
(V. 23, p. 588.)

Coldwater dk L. il/.— Leased
for net earnings. In hands of
(V. SO, p. 426; V. 82, p. 42.)

Mantfteld,

Company
trustees.

by Penn.
mortgage

—

Mansfield <t lYamingham. Leased to Boston
Clinton & Fitchburg, at 25 per cent of gross earnConsoUdation made June, 1875. (V. 20, p. 61».)

ings.

Marietta, Pittstmr'jh <6 Cleveland.— T^et earnings
inJH74were $40. 717. Defaulted and in receivers

hands August,

496,500
756,800
633,000
425,000
741,400
217,300
1,166,700
150,000
1,000,000
1,600,000
300,000
1,500,000
1,408,912
8,130,719
4,460,368
2,450,000
1,050,000
2,500,000
3,000,000
2,004,000
300,000
1,125,000
750,000
1,200,000
500,000
1,910,000
2,000,000
840,000
706,000
850,000
150,000
5,312,725
1,671,913
1,293,000
1,000,000
605,000
401,000
1,300,000
1,000,000
18,738,204
2,179,000
556,000
8,000,000
1,900,000
200,000
600,000
640,000
70,000
1,000,000
500,000
491,200

1,000
1,000

100

1,000
50<fec,

1,000

F.

"s's.

3

s.

F.
V.

<Se

j-

10
6
6

& J.
& D.
M. & N.
J. & J.
J. & D.
J. & J
F. & A.
M. & a
M. & N,
J. & D

"e"

7
8
8
8

7

7
10
8

8
8

7
8
8
8
8
8

8
8
21a
8
8
8
8
8
8
8

I«
g.

3^
10

?^8

1896

Mercb. Nat. Bank

do
do
do
do
N. y.. Company's office.
do
do
do
do
do
do
Best., Bk. of Commerce,
do
do

J.

New York and

Boston.

O.
Boston Olflce.
O.
do
N. N. Y., Farm. L. <fe T. Co.
J.

do

N.

do
do
do
do
do
do

O.

N.

N

J.
S.

J
N.
N.

J
8.

N.
S.

J.

A.
D.

D
J
J

J.

O
J.

Jidy
Aug.

May 1,1880
1, 1885
1, 1913
1873 to '78

Jan.
Jan.

May

1,

1890

Jan.Vi'873
Oct. 1,
Oct. 1,

1882
1882

May 1,1902

1, 1890
1890

Jan.

do
do
do
do
do
do
do
do
do

do
do

1, 1892
1, 1891
1, 1892
Sept. 1, 1903
Not. 1, 1885
Dec. 1, 1889

June

1, 18831
Nov. 1, 1890
Nov. 1, 1890
July 1, 1886
July 1,1879

April

July, 1876

New York and Boston.
N. y.. Farm. L. & T. Co.

May 1, 1902-3

1902
July 1, 1885
March 1, 1878
do
do
May 1, 1890
do
do
Sept. 1, 18911
do
do
1889
N.Y.,Winslow, L. &Co.
Aug., 1899
N. Y., Turner Bros.
Dec, 1901
N. Y. Merch. Exc. N.Bk.
N. Y., S. 8. Sands & Co. June 1, 19021
Philadelphia, P.& K. Co,
July, 1876
Detroit, 1st Nat. Bank,
Jan. 1, 1890
1890
April 1, 18761
Memphis, Office,
8ept.l,'81to'93
do
<\

,

* J
Jan., 1899
&D. New York, Inquire
Jime, 1903
1904-1906
Various
Company's Office,
M. & N.
May, 1890
7 Nassau street.
M. & N I
J. & J. N. Y., Farm. L. & T. Co.
Jan. r,'i899
A. & O.
Boston, Co.'s office.
April 15, 1890
J.
J.

10
10

Midland Paclflc.—Th\s was one of the roads represented by Messrs. Turner Bros, in New York, of
which Benj. E. Smith was president. Default in interest was made in February and August, 1875.
Milwaukee <ft Northern.— This road defaulted on
December, 1874. Circular to bondholders, V
It is leased to Wisconsin Central, and
there is said to be prospect of resumption. (V.
interest

cfc Delaware.— This line was leased by
Jersey Southern, to form part of the
through route. Lately, decree of foreclosure was
made. (V. 20, p. 242; V. 32 p. 567, 615.)

I^w

Charletton— This road was leased to
the Southern Railway Security Co.. but in 1874 the
lease was cancelled and Mr. R. T. Wilson, President
of the East Tennessee, Virginia & Georgia road, was
elected President of the Memphis & Charleston,
with a new board of directors. Net earnings, 1S75-6,
$3«,230. Abstract of latsst report, V. 23, p. 304.
<S

Sock.—Decree of foreclosure

(V. 20, p. 836, 615; V. 21, p. 15; V. 22, p.

20, p. 61.5.

22, p.

2:3.3.)

—

Milwaukee, Lake
closure for
first

Sold in foreS/tore. cfe We8te)'n.
$2,.'J09,7S8, Dec. 10. 1875. Interest paid

mortgage June,

on

1876.

(V. 21, p. 277, 591.)

Mine Bill eft Schuylkill J?ii!J«n.— Leased to Philadelphia * Reading, May 1864, for 999 years; 8 per
cent dividends on stock.
Mineral Polnt.—Tots.l receipts 1813, $138,121: expenses and interest, $130,614 ; cost of road, &c.,
$1,200,000.

insslssippi, Ouachita db Red River.— iMai grant
257.000 acres. Sold in foreclosure, Dec. 16, 1879,
for $23,000. (V. 20, p. 405; V. 21, p. 535, 613.)

471.)

Michigan Cfntral.—The annnal r^'port to May 31,
showed gross earnings on main line and
branches of $6,850,961, and net earnings, $2,0*8,061,
or $13,812 more than previous year. Net floating

Mltsistippi A Tennessee.— Stock, $885,400.
earnings 1874-5, $811,332. V. 22, p. 181.

Ne»

1876,

debt.

May

&

The

Jack., Lan.
S.
debt is assumed* by Michigan Central, which also
pay's $70,000 per year on the stock, one-third of
which it owns.
Interest was passed on the
Detroit
Bay City bonds, not guaranteed, Nov.,
31, 1876, $700,000

&

V

1875.

V.

(V. 19. n. 143:
80. n. 101: V. 21, p. 15,
22, p. 41; V. J8, p. 16, 133, 403.)

109;

187.5.

Marietta A Otnclnnati.—Oioas eamines for the
jrear J875 were $l,f:«l,015; eipsjuses, $1,890,590; n^t

1,

July, 1876
Deo. 1, 1904
Nov., 1876
Jan. 1, 1900

6

—

<£ Little

&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&

4s.

7

Bait.,

&"j. N.Y., 3d National Bank.
& N. N. Y.,R.T. Wilson & Co.
J. & J.
do
do
J. & J.
do
do
M. & 8.
do
do
M. & N. N. Y., Swenson, P. & Co.

Maryland

made.

1891
1891
1896
1890

May

M.

4

Houghton <fc Ontonagon. This is aconMarquette »fc Ontonagon and Houghton & Ontonagon. Lands amount to 425,000 acres,
chiefly timber and m'neral.
Stock, $2,300,600.

Memphis

July

1,
1,
1,
1,

J.

7

& Sons. Aug.
Aug.
& Sons. May

do
do
do
do

do
do
do
do

J.

J.
J.

earning, $371,424, against $523,150 net earnings in
1874. This road forms a part of the through route,
is operated in close connection with the Baltimore ifc Ohio Railroad, which lias made large advances for recent construction on the "Short Line."
Annual report V. 22, p. 208.

the

Stocks— liaet
Dividend.

8ept.','i866
Sept., 1866

A. Bait., R. Garret
A.
London.
N. Bait., R. Garret

M.'&N.

4
7

2,856,000
349,000
14,758,000
768,000
250,000
5,000,000
1,947,000

Marg^uette,
solidation of

pal,

byl

Portland.
O. Bost.,Nat. B'kCom'rce. April 1, 1912
A. Best., N. Bk. Commerce 1890 to 1891
O.
do
do
Oct., 1900
J.
do
July, 1898
do
J.
Portland.
July, 1901
J. Boat., Nat. B'k Com'rce.
July. 1891
J.
Portland, Me.
July 15, 1876
O.
do
April 1, ISSS
O. Best., Nat. B'k Com'rce. Oct. 1, 1895
N.
Belfast and Boston.
May 15, 1890
N. Manchester and Boston. May 1, 1876
Oct.. 1911
O.
J. Boston, Best. Nat.Bank. July 1, 1889
A. N. Y., Winslow, L. & Co. Aug. 1, 1895

M."&"8.
M. & S.

&
&
?«•
M.
8
J. &
7

600,000
1,254,500
409,444
21,405,000

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

A.

and

Memphis

he Concord Railroad

&
A
6g. A. &
7
J. &
6
J. &
6
J. &
3
J. &
6
A, &
6
A. &
M. &
M. &
7
A. &
7
J. &
7g. F. &

1,906,000
1,315,000
154,000
783,000
2,001,000
880,000
1,100,000
2,134.000
3,000,000
3,969,600
320,000
500,000

50
1868
1870
1856
1866

6
7
6

l,680,.50O

424,000

i',6oo
182 1868
100 1870
1,000
1871-3 1,000
786
"70 1870
1,000
70
161 1869
1,000
161 1870 500 &c.

2d mortgage

Missouri K., Fort Scott d Oulf—lat m. 1. gi-. s.
3d mortgage, coupon, may be registered

1875-6, $100,686.

1872
1872
1865
1868
1870
1871
1869
1869
1870
1872

786

(for $7,000,000)
Istm., gold, sink, fund, on road and land (U.P.S.Br)
Ist mortgage, gold (Tebo. & Neosho)
Consolidated mortgage, gold, on road and land
Hannibal & Central Missouii, 1st mortgage

do

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

100

)

Kansas
Prefenod stock

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

291

<£•

Tennesse loan
1st mortgage, oonrertible
2d mortgage
Consolidated mortgage
Income bonds
Memphis <t Little Roek Ist mort., 1. gr
2d mortgage
Michigan Central stock
1st mortgage, convertible, sinking fund
Iflt mortgage, convertible
Consolidated mortgage (for $10,000,000)
Michigan Central (Air Line mortgage)
Michigan Air Line 1st mort., assumed by M. C
Equipment bonds
Kalamazoo & South Haven, 1st mort., guar
do
do
2d mort,, guar
Grand Biver Valley, Ist mort., guar. 5
do
do
2d mort., guar
do
do
stock, guar
Detroit 4 Bay City 1st mortgage, endorsed
do
do
mortgage (not guar M.C.
Jackson, I,ansing & Saginaw 1st mort
1 g £ «
do
2d mort., conv. p,^*
do
Ist mort. (N. of Win.), conv. f s «»
do Cons. m. on whole line (300m.) J § a S
Michifjan Lake Shore— 1st mortgage
Midland Pacific— let mortgage, gold
Milwaukee A Nortltern — Ist mortgage

Missotiri,

1,000

5»2

"50

$3,620,120
496,892
1,100,000

1870
1868
1871
1861

19

Extension bond?*, 1870, gold

Maine Central loan for $1,100,000
Leeds & Fanninsiton Railroad loan
AndroscoKgiu Uailroad, Bath City loan
Portland

Jiojwfn— Princiwhen due.

INTEREST OR DIVIDENDS.

DESCRIPTION.

Michigan Lake 5A<»y.—Defaulted
receiver's

hands.

1872.

(V. 18, p. 848, 604;

V.

and In
SI,

p.

Missouri, Kansas <ft Jrras.-The latest plan of
settlement with bomlholders was given in the
Chronicle. V 22, p. 305. Receiver was appointed,
December. 1874. Land grant is about 4,565,142 acres.
Annual report for 1875 in the Chronicle, V. 22. p.
542.
(V. 21, p. 87, 186, 207. i53. 395: V. 83, p. 11],
168, 805, 368, 446, 447, 471, 495, 681, 542, 590; V. 88,
p. 40, 183.)

MUsonri River, Fort Scott <* Out/.— The stock is
Interest paused Oct
167?, on 2d. and
on 1st m'tgs. Netincomeof 1875. $243,816.
403 ;V. 21, p. IS; T. 22, p. 470, 486.)

$5,950,000.

Jan., '74,
(V. SO, p.

,

.

.

"October 2

',

:

..

BAILBOAD STOCKS AKD

1876.]

BOl^DB.

•nr error dJseoTereA la thaao TaUea.
./torn**— PrlnotINTEREST OR DIVIDENDS.
pal. When Duo.

9ahacrlber* otUI confer a ere kt ntTor br kItIiib taiBiedlate notlee of

DESCRIPTION.
for explanation

of

column

at tbe head of

tlrst

MobiU A

Slza, or

Par

Plain lH)Qd8
Mohiltit Mmityomery stock
MobiU d Ohio Stock
Convertible 8 per cent bonds
let niortKa>;c, sterling
Interest bomlB
Interest bonds, sterling

—

'69-'66

$500

1869
1867

1,000

1,000

500
100
100

186
516

,

1,000
1,000

100

<&c.

2d mortgage

1864
1866

W

"25

345
1871

1873
1870
1867

let mort. (.$20,000 per mile)

<t Decatur— lit mort. guar, by L.& N
2d mortgage

132
132
14

Nashville

Kashua <S Z/owe//—Stock
Bonds for freight depot

— Ist mortgage...

Beaver Valley— Stoc)i

Derby— lat mortgage
it Northainp. (canal RR.)—Stock
Mortgage bonds, coupon
Bonds convertible, tax free, coupon
Holyoko & Westtleld RR
H. J. Midland— 1 st mort. g'ld, guar, by N. Y.A O.
2d mortgage. cuiToncy
Jfew Jersey <« New York— lut mort. (for $1,500,000)

13

ioo
1869

1869
1870
1870
1871
1873
1869

mortgage

O.)

. .

Tennessee State Loan
do
Income and equipment mortgage
2d mortgage scrip
jy. T. Boston it Montreal — 1 st mortgage, gold
If. T. dt Canada— \n% M., sterling, guar. D.& H. Can.
New York Central A Hudson River —Stock
Premium bonds
(N. Y. Central)
Bonds. B. & N. F. stockholders
do
....

1865
1872
1871

100 &c,
500 &c,

1873
1856
1860
1873

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

350

,

842

Bonds railroad stock
do
Bonds real estate
do
Renewal bonds
2d mortgage, sinking fund (Hudson River)
*2,000,000

i

coupon or
terod.

280.)

Ohio.—The company has been in default
1875. Gross earnings, 187S, $1,914,347;
net, $361,453. (V. 21, p. 603: VT 22, p. 15J, 375, 4S7,
•&

since March,
513,

SaO,

568; V. 33, p. 112, 183.)

itontdair.-

cember,
(V.

1874,

p.

20,

IB,

The 2d mortgage was foreclosed Deand road sold again Sept. 25, 1875.
290,833,

488,

801, 671; V. 21, p. 186,

278, 323, 396.)

Montkello <t Port J«r»i«.— Defaulted in 1873. Sold
(V. 19, p. 89, U.% 503; V. 30. p. 35S,
7, 1875.
383; V. SI, p. 89, 592.)
Morris <ft Swa;.— Leased in perpetuity to the
Delaware, Lackawanna & Western. The lessees
assnm-> all liabilities and pay 7 per cent on stock,
and 8 after 1874. if thev tncn earn 10 net on Morris

July

(V. 20, p." 85, 477,

488; V.S2,p.89».)

Nashville, Chattanooga db St. iout*.— Gross earnings of 1875-6, $1,751,59!!; expenses and taxes,
$1,023,483; net earnings, $728,176. The debt to IT.
•9.

and bonds endorsed by Tenn. are secured by
l.Mt mortgage 7 per cents.
(V. 23, p.
181.)
NashvOt <t ZJMaiur. -Leased May 4, H71, to Lou-

deposit of the

109. 181, 305, 400, 4S7; V. Si, p. 88,

isville

A

Nashville

Nashua

<»

Company for

thirty years.

LoweU.-fici earnings in 1874-5, $56,464.

(V. 21, p. 590.)

Naugatuck.— T^ii earalngs
21, p.

HI

A

Ohio,

1,000

New

3,559,000
2,941,000
1,500,000
3,723,.500

997,000
1,997,000
1,279,000
5,000,000

1869
1,000
1874 *100&c
100
1853 500 &c.
1854 100 &c.
1,000
1853
1,000
1,000

1873
1873

1,600
1,000

*

Castle

395,115
6,250,000
4,000,000
89,428,300
6,633,626
74,500
592,000
162,000
2, .39 1,000
1,794,000
16,465,000
9,733,333

7
7
7
7

7
i^a

4
6
7

7

V%'
li7

J.

6

A.

&

F.
F.

i'A.

"7'g.

6
7
7

!

A
&
&
M. &
?«• M. &
F. A
8
7
J. A
J.
J.

J.
3.

8

A.

O.

7g.
t'6

6
6
6
6

7
7

6g.

690.)

—

—

and funded
its

New

Several
coupons, but default [was again made.
plans of re-organizatiou are proposed. (V. 21, p. 39,
466, 489; V. S3, p. 87, 135,

84, 86, 430, 318, 395, 44!,
582, 614; V. 23, p. 319.)

Ntw Jersey Southern.— This was a CAnsolidation

of

several roads. Net earnings. 1875, 1 109,276. Interest
Litigation in progIn default since October, 1873.
Plan of re-organljation, V. 21, p. 48«. (v. 20,
ress.
488; V. 21, p. 466, 488; V. 22, p. 483.)
p. 313,

New
p. »40;

Jersey West Line.— In foreclosure.

V.

(V. 19,

V. 32, p a5.>. 40O.)
Northern.— '^perRted under lease

20, p. .383:

New London

1891 by Vermont Central
come of Co., in 1874-5,

(V.

till

for $150,000 a year. In$151,975; disbursements,

(V. 2l,p. S90.)'
New Orleans, Mobile it Texas.— The Western Division of this road was sold Nov. 18, 1874. Interest
in default since 1873.
(V. 21, p. 231, 535;;V. 22, p.
333, 35J, 5ii8;

New

V.

23. p. .379.)

Orisons, St.Louit dt Chicago.— QtoBS

O.

I'-

Defanlted after the panic of
cotipons. The company, having
capital and credit in construction,
York Midland for 7 per cent on
leased to the
its cost ; it had at the time a floating debt of about
After the panic of 1873 tlie road came
$400,000.
back without sufflcient rollinj' stnck and without
means to pay interest. The bondholders funded
Jersfy Midland.

ISSa

1890

N. Y., Co.'s

Office.

Oct., 1876
1898 to 1900
Oct., 1874
Jan., 1899

Apr. '80 to '82

1891
1895
1881
March 1, 189S
Nov. 1, 1889

1881
A. & O.
Aprill, 190S
do
do
M. & N.
May 1, 1900
New London, Office.
July 1, 1876
I'- Q.-J.
A. & O N. Y., B'k of N. America
Sept., 1885
6
July. 1892
7
3. & D.
do
do
or 7 g. J. & 3. New York, Co.'s Office. Jan. 1, 1915

(V. 23, p. 256.)

exhausted

i'j.

Haven.
do
do

&A
do
do
M. & S New York and London.
M. & N.
N. Y., Co.'s Office,
A. & O.
do
do
do
U.& 8.
do

7

York. This was a consolidation of the Hackensack & N. York and Hackensack
Extension. The old bonds are about $.iOO,000, 7 p.
c. due May, 1890. Receiver appointed Aug., 1876.

1873

N. Y., Union Trust Co.

Newcastle, Penn.
Q.-J.
Various N. Haven, E.S. Soranton

7

$596,1M; operating expenses, $399,250; net
(V. 21, p.

1,

Mobile.

New

Beaver FoJfey.— Leased to Pitts-

New Jersey & New

London.
London,

New York and

Deo.

Nov. 1, 1883
1876 and '83
1883
1901

& J N. Y., Del., Lack A W. July 2, 1870
do
do
AN
1914
&A
do
do
1891
do
do
J
1900
& A
do
do
18B9
& O
do
do
Oct., 1901
& D
do
do
June 1, 1915
A. & O. New York A Nashville. Apr. I,i876
N. Y., V. K. Stevenson. 1881 and '91
A 3
& 3. N. Y., V. K. Stevenson. July 1, 1913
& 3 N. Y., Drexcl, M. A Co. July 1, 1900
& O. Nashville, Co.'s Office.
Oct., 1887
U.& N. Boston A Nashua.
Nov. 2, 1874
1893
F.&A. Bridgeport, Conn.
July 10, 1876
M. & N. N. Y., Union Trust Co
Not. 1, 1889

3

Wayne & Chicago, and lease transferred
Company. Net earnings, 1875, $219,534.
425.)
New Haven it Derby— T^et earnings 1873-1, $24,8-32.
New Haven city guarantees $225,000 of the bonds.
New Haven it Northampton. — Gross earnings,
1874-5,

Mobile.

<tc

to Penn.
(V. 20, p.

earnings, $195,913.

J.

New York.

N.

<i-3.

8143,973.
1874-5, $222,327.

1.)

Newark. Sfmuriet <ft StraitsviUs—lxusci to Sandusky, Mansflvhl A Newark. Guaranteed Dy Balti-

more

'ioo

1876
1889
isar

Jan.,
Jan.,

3.

7
7

burgh, Fort

New

Montgomery <ft j?«/o«ia.— Interest has been in default since January. 1873. It is one of the State aid
roads. (V. 21, p. 489; V. 23, p. 18.S.)

&Es8exroad.

840
840

regls-

Mobile it Montitomery.— Sold in foreclosure. November, 1874, and stock given to old bondholders.
Old mortgage debt yet out, J863,0(X). (V. 30, p. 62,

Uo'AU

1,600

1854

Moi4ie <t Oirard.—The Central Railroad of Georgia endorses $312,500 of the first and all the second
mortgage bonds. Net earnings 1874-5, $22,685.

801; V. 22, p.

(to,

1871
1873
1870

206
206
206
237
237
237

.

J

1,000
1,000

ioo
100
100
140
566

/Tew Orleans, St. Louis dl C'Atc.— Consolid. stock
New consolidated mortgage (for $25,000,000)
Ck>nsoUdated Ist mort., gold (N. O., J. & a. N.). ..
1st mortgage,
do
do ...
2d mortgage,
do
do .
Consolidated mortgage (Mississippi Central)
1st mortgage,
do
2d mortgage,
do

)

100 &c
100 Ac,

327

—

mortirnirBj $30,000,000
mortgage

1,000
1,000
1,000

100

2d mortgage bonds
Consolidated mortgage, for $7,000,000
Kew Jersey West Line— lat mortgage, gold
Ifew Jjonaon Northern Stock

New
«ew

BanJc.

Dividend.

March
8
do
1877-18M
7«. J. & 3. New York or London. Jan. 1, 19M
M. & S N. Y., O. Opdyke A Co.
?«•
do
do
do
do
7
S,
O.
!«• tt.& V. N. Y.,do Opdyke A Co. March 1, 1886
do
June 1, 1900
J. &

6(i5,000

525,000
2,400,000
1,000,000
900,000
200,000
3,000,000
1,500,000
916,000
2,120,000
120,000
1,000,000
5,300,000
3,000,000
1,500,000
300,000
309,500
4,000,000
12,158,650

&

m.A

330,000
500,000
15,000,000
5,000,000
3,000,000
284,000
573,000
4,991,000
3,239,000
1,025,000
6,575,295
1,000,000
1,100,000
4,700,000
1,900,000
206,000
800,000
200,000
1,918,400
800,000

<tc

100

7I9

2d mortgage
If. O., Mob. it Tex.—Ut mortgage (Mob. to N.

J.

1,800,000

50

16
80
80
37
78

1st mortgage (Toms' River br.)

1st mortgage bonds

500<Scc

68&70 500

100
76

.

,

500
100

1873

"57
42
15

<t

1,000

H.
H.

769,920
1,668,000
53,000
1,453,898

1,040,000

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

1871
1871
1875

Bonds to U. S. government, 2d mort
Bonds endorsed bv Tenn

J. /SffM(Aern^-l St

50
250
500 Ac,

vari'us

34
137

—

i\r.

1,000
1,000
1,000

Q-M.
& N.
& N.

8

780,000
888,000

Convertible bends
Construction bonds
Gen. m. & Ist on Boouton Br. &c. (guar. D.L.&W.)
Consol. mort. (for $25,000,000) guar. D. L. &
Special real estate mortgage
Jfctshvuie, Chattanooga dc St, Louis stock

Straitsv., O.

RR.

Stijcks—hikal

3,0'22,517

(»)

1867
1870
1870

80
80
23
137
84
84

1st mortgage, not endorsed
MonliceUo <t Port Jervla—\»t mortgage
Morris rf Essex— stock
1st mortgage, sinking fund

rf

C.

8

1874

.

mortgage
Income bonds
Montgomery a Kufaula—l mort., end. by Alabama

<t

Savannah.
N. Y., Nat. City Bank.

Savaimah,

6k. tt.ScV New York and London.

'2d

Neicark, Somerset

&
&

1,.524,300

100 Ac.

Consolidated mortgage, gold (for *15,000,000)
Uonlclair of Ne>e Jersey— lat m., gold, guar

Ifew Haven
SfeK Haven

J. &. 3.
3.
3.
3.
3.

5,320,000
977,550
5,686,000

£100*0
21

2a mortgage

JVe wcasUe

$165,000
300,000
33,500

£225

1871
1871

Tennessee subs., Ist mortgage, sterling

JfaujraM(cfc—Stock

Bate per When Whore Payable, and by
Payable
Whom.
Cent.

100<Scc

Special mortgage (Mississippi, OalnesvilleA Tex.)

New

Amonnt

Value. Outstandlacr

1873
1853

85
85

ffirarrf— l8t mort^aKe
2d mortgage, endorsed by Georgia Railroad.

—

Date

Miles

headlncrg, Ao., «ee notes
of
of
page of tablet.
Road. Bonds.

zxffl

eamiqgs

F.

N.
N,
A.
.1.

A

A.

A
A
A
A

D.
D.

M. A N.
Q.-J.
M. A N.
M. A N.
M. A N.
M. A N.
J.
J.
J.
J.

J.
J.

N. Y., So. RR. Ass'n.
N. Y., J. B. Alexander.

do

do

N. Y., So, KR. Ass'n.
N. Y., J. L. King.

Jan. 1,1912
July 1, 1886
Oof. 1,1890

May 1, 1912
Nov.'74,'79'84

1886
1886
1834
Aug. 1. 1874
New York Co.'s Office. May 1,1889
London, Baring Bros.
May 1.1904
N.Y., Gr. Central Depot. Oct. 16, 1876
N. Y. Union Trust Co.
May 1,18*1
do
do
Mayl,188S
do
do
May 1,188*
do
May 1,1883
do
do
do
Dec. 15, 1887
N.Y„ Grand Cen. Depot.
June, 1885
N. Y., Union Trust Co. Jan. 1, 1903
London.
Jan. 1, 1903
do
do

do
do

year ending Jane 30. 1875, $3,184,320; net, «1,S63,94».
See annual report, V. 22, p. 156. Operated as a connecting line with 111. Cent.
III. Central bays up
$200,0ft) per year of consol. mortgage bonds of 1878.
The Miss. Cent. Ist mort. bonds, due Nov., 1874, were
not all paid, and Nov. 1, 1875, and Jan., 1876, there
was some delay in payment of interest. Floating
debt June 30, 1875, $1,929,037. Receiver appointed
March, 1878.
(V. 21. p. 15, 613; V. 23, p. 68, 111.

156, 281, 328; V. 23. p. 16, 160.)
New York, Boston it Montreal.—Vronosed consolFdation of several roads from New York to Rutland.
Company defanlted in 1874 and now In bands of
receiver; foreclosure pending. (V. 20,0.881), 858,
383, 405; V. 21, p.16, 849; V. S3, p. 447, 4'ri, 545, 568.
61."; V. 23. p. 160.)
New York it Canada.—The bonds are guaranteed
by the Delaware A Hudson Canal Co. Koad opened
through Oct.. 1875. (V. 21, p. 207.)
New York CmUrai dt Hudson River —The consolidation of N.Y. Central with Hudson Rivei was made
Nov. 1, 1869. The scrip dividend on N. Y. Central of
80 per cent was made in Dec 1868. On consolidation, another 27 per cent was distiibnted on Central
stock and 85 per cent or Hudson. The mortgage
loan for $40,000,000 was to retire prior debt, and tSe
balance for third and fourth track, Ac. This statement of bonds is given as it stood Sept. 80, 1875,
after taking out the old bonds, $1,593,000, paid
Aug. 1, 1876, and adding a like amount to the general mortgage bonds. The company declines to
give any Information, even as to its bonds outstandlna. The Harlem Railroad was leased April,
1873. The following Is a comparison for five years
OMt of road
Funded
and
Griss
Net
Receipts.
Debt.
eqnlpm't.
Receipts.
1874-5. $«:',027,21S $11,765,111 $40,003,667 $98,.356,r74
1873^. 31,690,886 13,2««,0«9 3'(.181,74J 92,508,50*
1872 8. 29,126,851 11,4»4,863 27,7i^5.33 78.014,964
9,134.239 16,496,020 63.«99,9»«
1871-S. 25,580,675
8,360,316 15,231,719 80.<I3,657
1870-1. 21,972,105
(V. 80, p. 48, 85?, 546; V. 22, p. 4 1 , 591 ; V. «3,p.329.)

.

..
.

;.

RAILROAD STOCKS AND BOKD;

aralT

Snksertber* 'wIII confer

m.

great teTOr by

DESCRIPTION.

tntmedlate notice of any error dtacOTered In tbeie Tables.
Holds— PrinciINTEREST OR DIVIDENDS.
Date Size, or
pal, When Due r
Amount
of
Par Outstanding Rate per When Whore Payable, and by ^(ocfai— Last

arlTlna;

Miles

of column headings, &o., see notes
of
at the liead of first page of tables.
Road. Bonds.

For explanation

flarte>»—Common stock
Prefterred stock
Consul, mort., coup, or rog. (for $12,000,000)
Sinking'

fund

Y. Uousatonic di Northern— lat mortgage
N. T. Kingst. <£ A'ura.— 1st m., g'd ($4,000,000)
Jf. T. <t New England iBost. Uartf. di Erie)
Stock.
lat mortgages, old
New York, Aew Haven, d Harl/ord—Stoci
Harlem & Portolicster, 1st mortgage guaranteed.
N. Y. <t Oswego Jf irf(«»wt— 1st mortgage, gold
2d mortgage, convertible
2d mortgage, non-convertible
If.

—

,

Value.

132

Jfeto rdrfc <«

$50
50

1872
1861
1872
1872

132
'60
150
"86
141

1,000

500 Ac.
500 Ac,
1,000

1864
100

I214 1873

1869
1870
1871

334
225
225

100 Ac.

3d mortgage, equipment
Ist mortgage, Western extension

1873

Consolidated mortgage
Frov. <t £o»toJt—(Stonington)—Stock

62
62

If. Y.,

1st mortgage

Extension
General mortgage ($1,000,000 authorized)
North Carolina Stock, common
Pref ened stock

Mortgage bonds
Jfortheaslcrn (S. 0.)—Stock, common
Pref. stock (8 per cent) exchangeable for
1st mortgage, new

100

1863

2d mort.

2d mortgage, new
North PennsylvaHi<t—Stock
Ist mortgage
Chattel mortgage
2d mortgage
General mortgage bonds
Northern Central — Stock
1st mortgage. State (Maryland) loan
2d mortgage, sinking fund, coupon
3d mortgage, sinking fund, coupon
3d mortgage, Y. & C. RR. (guaranteed by Bait.)
Consolidated mortgage, gold, coupon
do
do
do
registered
Income convertible bonds, coupon
Income bonds (exchangeable into 5 p. ct. mort.)
Consol. mortgage, gold, s. fimd, coup. $ or£
Mort. b'ds (for $3,000,000, exc. for incomes of '72)
Northern, N. .ff.—Stock
Northern, of New Jersey— Btock
Ist mortgage
Northern Pacific— Tflcvr pref oiTed stock
Norwich dt ^Vorcester—%tock
1st mortgage. State loan, sinking fund
2d mortgage
Ojdenshurg di Lake Champlaiyi-Stoc^
.

1869

62
223
223
223
102
102
102
102
58
56

100
100
67-'68
500
50
50
1869
500
1869
500
50
500 &c.

"56

500 &c.

313
138
138
138
26
138
138
138

.

Pref oned stock

138

—

. .

.

Funding income bonds
Old Colony— Btook

(P. T.

&B.)

Bonds
Bonds
Bonds
Bonds
Bonds

Omaha <l JVor(Awe»<er»v— Land

grant gold bonds..

Orange Newark 1st mortgage
Oregon di California 1st mortgage
Osteego it ijome— 1st mortgage guaranteed
Income mortgage bonds
Oswego (£ Syracuse Stock, 9 per cent guar
Mortgage bonds

—

—

New York

<t

Uarlem.-GTom earnings

1873-4,
$1,719,384; net

$J,856,5S5; operating
expenses,
earnings, $1,13'?, 141. Leased to Nevp York Central
at 8 percent per aTinnm (payable J.
J.) on stock,
Aid interest on bonds. The Fourth avenue horserailroad and real estate was ret.iined. The extra
dividend Apnl, 1876, was from profits of city line.

&

Nevi York, Uousatonic
pendhig. (V. 21, p. S49.)

New

<t

Sbri^ra.— Foreclosure

York, Kingston <t Svracuse.—lncXaAea old

A

& New
Ilartf. & Erie.

York

England. —Thw was formerly

The road was opciated by
the trustees of the Berdell mortgage for several
years and conveyed to the new company in July,
1875. Gross earnings (in Mass.), J874-5, $910,178
net. $1.37,106. (V. 20, p. 289, 336, 614; V. 21, p. 31,
207, 633, 5-0; V. 23, p. 279.)

Boston

1855
1865
1853
1868
1868
1870
1872

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

74-'75

'ioo

100
100

"66
66
122
122

100
100
1,000
1,000

1870

393
393
148
393
393
393

.

228
50
38
25

120
217

40

100
100

1862
1868
1868
1871
1873
1874
1865
1862
1870
1876
1876
1867
1871
1874
1875
1876
1871

1,000
1,000
JE200
1,000
1,000
1,000
1,000
1,000
500 Ac.

100 Ac.
100 Ac.
100
1,000

500 Ac.
1,000
1,000

9

200
28 "a 1865
1866

1,000
1,000

"35

50

35 58&64I 500 Ac.

Cent.

4

A J. N.Y., Grand Cen. Depot, July 1, 1876
1903
A J. N.Y.,G.OpdykeACo. July 1, 1894
AN.
do
do
May 1, 1895M. AN.
do
May, 1896
do

7
7

7
7
2»9

New

&

York, Providence
i?o*to7i.— Annual report
for fiscal year ending Sept. 1, 1875, showed net earnings $406,541, leaving a surplus of $73,711 above interest and dividend payments. Full report V. 21,

7
3
3

4

p. 464.

NorUi Carolina.- Ler-sed September,'1871,toRich-

noBd A Danville Railroad at $260,000 per annum.
In March, 1875, the gauge was changed. Dividends
•I 6 per cent, are paid oa stock, of which the State

J.

6

7
2

4
8
8

"3 a
7
7

««•
7
6
7

7
7
7

7
3

7
6

6
7.30

g.

6
7

4I3

7

134.)

expenses, $3,3i 2,123; net,
$1,564,124.
The total net income was $1,700,639, of which
$1,347,176 was paid for interest and rentals, leaving
net income. $459,463. equal to 7 86-100 per cent
upon the capital block of the company. The 6 per
cent $3,000,000 morteage is to exchange for incomes
of 1872. (V. 19, p. 6l7; V. 20, p. 267, 336, 356; V.
$1,926.24:;

22, p. 257.)

488.)

Northern Paciflc—Sohl Aug. 12 1875. for $100,000
and pref. stock is issued to bondholder.? at the rate
of $1,410 for each $1,(XI0 bond, and this inclifdes the
interest funded to July, 1878.
This stock is exSept.. 1876,

bonds had been sa excbaUL'cd, leaving

about

$5,0111,000 yet out.
(V. 21, p. 15,' 78, 137, 160,
531, 323, .372; V. 22, p. 135, 159, 209; V. 23, p. 225, 330,

40I.)
Norwich (6 TFor««fej'.— Leased February. 1369, to
Boston, Ilarlford A Erie for 100 years at 10 per cent
per annum on cost. Dividends paid of 10 per cent
per annum. Gross receipts in 1874-5, $729,440; net.
$391,997.

(V. 21, p.

Ogdensburg

it

690.)

Like CKamptoin.— Leased

do
do

Hudson Co.

in March,

a" J.

J. City,

A
A
A
A
A
A
A

7
"5'

22, p.

To

Shops, N. C.

A

1,

1881
1899

Mar., 1876
Mar., 1876

M.
M.
M.

Northern Central.— The annual report for 1875 in
CnRONicLK, V, 22, p. 278, shows gross earnings,

at its par value.

ist's

1878
July

1877 A 1888
AN.
May, 1875
A S.
Charleston.
Sept. 1, 1899
8
A S,
do
Sept. 1, 1899
8
F. A A.
Philadelphia Office.
Aug. 1, 1876
3
J. A J.
do
Jan. 1, 1885
6
do
A. A O
do
Apr. 1, 1877
10
do
M. A N.
do
do
May 1, 189S
7
J. A J.
do
do
1903
7
M. AN. Baltimore A Philadel. April 1, 1«7S
3
Annapolis.
Q.-J.
IiTedeemablev
6
J. A J. Baltimore, 1st Nat. Bk.
July, 1885
6
A. A O.
do
6
April, 1900
J. A J
do
Jan., 1877
6
J. A J.
July, 1900do
A. A O.
July, 1900do
^- A. A O.
April, 1880
do
J. A J.
do
Jan. 1, 1922
7
London A
1^- J. A J. Baltimore, Baltimore. July 1, 1904.
J. A J.
1st Nat. Bk Jan. 1, 1926
2I1!
D.
June 1, 1876
J. A
Boston, Office.
1875
3%
8

—

$3-'^,000,000 of

do
do
do

M.

North Pennsylvania. Gross receipts in year 1874-5,
$1,417,734; net, $.512,192; surplus above interest.
$160,527. Stock held by Philadelphia city was sold

changeable for land

N. Y., M. Morgan's Sons, July 10, 1876

A A.
do
AN
do
J. A J
do
M. A S. Company
M. A S.
do
M. A N.
do
F.

6
6

$70,052.

(V. 20, p.

1884

N. y., St. Nich. Nat. B'k,

J.

Northeastern, 8. C.~Annual re ort for 1874-5 in
Gross earnings, $416,956; net,
V. 20, p. 499.
$175,441. Report to Sept. 30, 1875, net earnings,

$278,991.

*

Boston.

do
do
do

July
July

7
?«• J.
M.

Northern New Hampshire.— t^et income fiscal
New York, New Haven <ft Hartford.—'Set income year 1875-6 was $120,810. (V. 22, p. $6 5 .)
Northern qf New Jersey.— OpeTHteA by Erie at 35
applicable tu dividends in 1874-5, $1.699,9:)0, against
per cent of gross earnings, wliich in 1875 were
$1,878,856 in 1873-4. (V. 20, p. 6«; V. 23, p. 1 S.)

New York
Oswego Midland.— Intercut in default since 1873. Iteceiverrt' certificates have been
Iseaed, and the floating debt, Sept. 30, 1875. was $6,411,060.
Last fundinir plan V. 21, p. 278. Decree
of foreclosure made Oct. 2, 1876. (V. 21. p. 40, 64,
186; V. »-2, p. 352, 447; V. 23, p. 238, 329, 354.)

New York.

1, 1876
1, 1876
May, 1900
Jan. 1, 1881
Oct., 1902
July 1, 1902

do
do
do

m.'a's.

5

(?)

403; V.

Dividend.

N.Y., Or. Central Depot.

J.
J.

"7'

2,964,000
2,200,000
3,068,400
1,000,000
400,000
28,000,000
2,604,400
400,000
245,000
3,077,000
2,000,000
500,000
468,000
20,000,000
4,030,000
174,000
6,545,850
112,000
3,864,000
140,000
1,915,000
1,500,000
580,000
500,000
1,155,000
300,000
6,733,800
1,450,000
265,500
1,692,000
500,000
1,000,000
16,000 p. m.
546,000
10,950,000
350,000
200,000
1,320,400
124,000

p. 231,

Whom

Payable

A J.
A J.
4
M. AN.
7
J. A J.
7
7g. A. A O.
7g J. & J.

$7,500,000
1,550,000
10,500,000
108,444
1,.500,000
2,500,000
20,000,000
273,000
15,500,000
2,000,000
8,000,000
2,500,000
1,500,000
3,800,000
2,425,000
1,200,000
3,000,000
76,000
250,000
837,000
3,000,000
1,000,000
380,000
899,350
96,000
820,000
231,500
3,978,150
1.930,500
360,000
1,500,000
2,035,000
5,842,000
1,500,000
1,490,000
1,126,000
202,602
2,599,000
205,000
1,000,000

of North Carolina holds $3,000,000. (Vol. 16, p. 653;
V. 17, p. 155, 218; V. 20, p. 267; V. 20, p. 39 J.)

February, 1875. (V.20,

KondoDt
Oswego. Sold in foreclosure May 2,
1875, fo.r $750,000. (V. 19, p. 366, 583; V. 20, p. 242,
814, 453, 615; V. 21, p. 160.)

New

"50

68.'69

Sinking fund bonds
Ohio <fi MissiJisipui Stock, common
Preferred stock (7 p. c. yearly, cumulative)
Income and funded debt bonds
1st consolidated mort. ($3,478,000 are s. f.) ...
Consolidated mortgage, sterling.
2d consolidated siiikiug fund mortgage
Debenture sinking fund bonds (for $1,000,000)
Spring.. Div. (Sp.&Ill. SE.) IstM. (for $3,000,000)
Oil Creekdl Allegheny Eiver— let mort.(W. & F.RR.)
1st mortgage (Oil Creek RR.)
1st mortgage (Un. & Titusville RR.)
New mortgage, (Pitts. T. &B.)

—

1,000

82 is
21
21
550 1875

Equipment bonds

<f.

1,000
1,000
1,000

58-'60

—

[Octobar 28, 1876.

New England

J.
J.
J.
J.

Oct. 1, 1876
Jan., '78 to '79

do
do
do

O.
J.
S.

New

a's.

A O.
A J.
A J.
A O.
AN.
1st
A A.
A O.
A J.
A A.
A A.
A J.
A A.
A A.
A S.
A D.
A J.
A N.
A O.
AN.
A A.
A A.
A N.

1878

B'k.

Trust Co. July 10, 1876
do
do
July 1, 1877
do
do
July, '75 to '77
Boston, Office.
July 10, 187»

York,

Mar., 1890
Office.

do
do
do
do
London.

New York, Office.
do

do

coup, due Nov., '77
Philadelphia, OfBce.

do
do
do
do

do
do
do
do

Boston, Office.

do
do
do
do
do
N. Y., Kountze Bros.
Newark, Office.
Frankford O. M.

Not.
Mar.

1,
1,

1905
1875

ApiH.l, 1883
Jan. 1, 1898
Jan. 1, 1898
April,

May
Nov.
Feb.
Apr.

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

1911
1883
1905
1896

1882

July
1890
Feb.
1896
Feb.
1896
July
1876
Aug., 1877
Aug. 1, 1881
March, 1894

June 1, 1895
188G
Jan., 1901

May, 1015
Feb., 1891
RR. Aug. 20, 1876
do
1880 A 1885

N.Y.,Farmer8' L.AT.Co.

do
N. Y., Del., L.

do

A W.

do

twenty years to the Vermont Central for interest on bonds, 8 per cent on preferred stock and on
common 6 per cent for three years, 7 for the next
three, and 8 for the next f oiu-teen years. (V. 23, p.
1870, for

279, 396.)

Ohio & Mississinpi.-'YheTe are also $97,000 of old
mortgage 7s, W. Div., yet outstanding. An abannual report to June 30,'76, was given

1st

stract of'thc

23, pp. 301, 377, showing gross earnings,
$3,.332.032; expenses, $2,474. 7J6; net earnings, %Wi:,305.
Floating debt increased in the year, $334,824.
Illinois
The company purchased the Springfield
Southeastern Road, March, 1875, for $8,000,000 in
bonds secured on the Sp.
1. 8. road, and with privil-

inV.

&

&

ege of funding coupons to Nov., 1877: of the same
mortgage bonds $1,000,000 were reserved, the proceeds to be used for improvements.
(V 20. p.
235, 267, 290, 291, 477, 491
V. 21, p. 269, 322, 372, 396;
Ill; Y. 83, p. 301, 347, 377.)
V. 22, p.
;

A

OU Creek Allegheny i?iwr.—Sold in foreclosure
consol. mortgage, Dec. 29. 1875, for $IOi),OO0. New
organization made Jan., 1876, as Pitts. Tituflv.
Buff.
(V. 21, p. 40, 302; V. 22, p. 16, 136, *T9,

&

RR

399)
Old Co'ony.— There are $32,C<X) 5 per cent bond*
due 1884. Total earnings in 1874-5, $2,286,473; expenses, $1,443,135: net, $732,729.

(V. 21, p. 533;

V.

23, p. 86.)

Omaha dt Northwest.— Veisaei interest 1874. Some
bonds and coup's exchanged for lanas. (V. 22, p. 79;
V.

23,

p

176.)

c6 California.— Bonds nearly all placed in
Germany. After default in 1873, proposition offered
by Ben. lloUnday, President. (Sec V. 19, p. 480; V.

Oregon

2a. p. 375.)

Oswego <t J?o;7i«—Operated by the Rome, Watertown & Ogdensburg at 8 i>er tent on $300,000 stock
and interest on first mortgage bonds.
Oswego it Syracuse.—heeteeA to Del. Lack. A West^
for interest on bonds and 9 per cent on stock.

'

..
.

SulMcrlbers

irlll

eonfer a great

Aror by KlTlas

Miles Date
column beudiH^H, Scc.f see notes of
of
Road. Bonds
at the bead of llrst pa^e of tables.

Oaentboro

<t

RHStellvilU—lBt mortgage

36
485
283
283

Par

Carondelet liranob, let mortgage
Lex. & St. Louis brancb, Ist mort., gold, gnar. ..
do
do
2d mortgage
Loavcnwortb, Atch. & N. W., Ist mort., guar...
Padwsaft <* JfempAi*— Ist mortgage, gold
Paiwrnrt— Stock
General mortgage, sttirllng.
P<iris <t nunriUe.—Xat mortgage, gold, sinking fund
Paris <t Decatur, (Ills.)— Ist mort., g'd.sink. f d
Paterson it Newark— lat mort., guar, by Erie
Pekin, Lincoln <£• Decatur— lat mortgage
Penitunttar (Mich.)— Ist mort., gold, sink, fund

47

1867
1873
1872
1868
1871

105
75
12
67
166
869
355

Pennsyteania—Stoci
let morlK.'vgo

Gen. M., Ph. to Pitts., coup., J. & J.; reg., A. & O.
State lien (pay'ble in aununl inst'lm'tfl of $-160,000)
Coneol. M., coup. J. & D., & reg. Q.— M. (8. f. 1 p. c.)
Navy Yard bonds, reg
Pennsylvania do. Common stock
Pi'ef erred stock

500
500 &c.
1,000
'
'

1,000
1,000
l',0()0

105

40
83
83

1864

1,000
1,000

100
500 &c.

(

Philadelphia tf: A'rie—Stock, common
Preferred stock
Ist mortgage, Simbury & Erie

. .

100 &c.
100 &c,
lOO&c.
50
50

1857
1861
1868
1869

50
50
1843-9

1857
1836
1836

1,000

Consolidated mort., dollar loan, coupon or reg

do
do gold, dollar or sterling
do
do dollar loan, gold, coup, or reg
loan (convertible 1876-92)
Debenture
Improvcm't mort. (dollar or sterling) slnk'g fund.
Gen. mort., $ and £ (sink, fund 1 p. c. yearly)
Coal &; Iron Co., guar. mort. (for ^0,000,000). ..

745
750
"26
20
100
98

PhiladeJvhia <t Trenton Stock
Philadelphia, Oermantown <« Norristown Stock
PMladctphia, Wilmingtifn <e Baltimore Stock
Ist mortgage, convertible
Plain bonds, loan

ress.

1,000

1836
1868
1868
1871
1871
1871
1873
1873
1874
1872

debcutmc
Loan mortgage

—
—

1,000
1,000
1,000

100
!50

50
500

1858
1867

do

1875
1868
1859
1876

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

1872^

do

mortgage

149
10
149

.

On

all

(V.21, p. 186, :ur.)

Paris <fc Z>«(;(i(rfr.— C-.nsoUdation. Now Illinois
Midland. (V. 19, p. 3.J]; V. 21, p. 613.)
Paieraon & JVewart.-Lately operated by Erie.
Stock is $250,000.
Pekin, Lincoln (S Decatur.—htfUfied to Toledo,
WaMsh ^ Western. Sold in foreclosure June 10,
1S76, and reorganized. (V. 2i, p. 217; V. S3, p. 100.)
ftnin*«iar.— There is also a second mortgage for
$.M0,0O0. DefaultedMay 1, 1872. Coupons unfunded.
Consolidated with Port Uoron & h. M. July, 1873.
(V. n, p. 155, 630, 763.)
Pennsylvania. The report for '75 is given in V. 92,
p. 253.447. In May, '75, the di\idena\V!i8 changed
to the rate of 8 per cent per annum. The direct
funded debt of the company ia $j:i,OOJ,000 ; in 1874
the liability as a guarantor of principal and interest
was on t83,933,B0il) bonds; annual liability additioaal,oDguartmceesof interest or rentals, $13,862,319,

—

100 &c.

£200

8
8

Q'.-J.
A. ife O.

all

6
4'

7
6
7

6g.

1875
lS7-i

1S73

1872

9,445,701
8,247,852

2I2

3

4
Q

June

Bureiu

Peoria

<£

$150,000.

V. 22, p.

payments,

was

this road
ratified in 1874.

<S

&

Jacksomi'le.-la year ending

.

(V. SO. p. 141, 616;
S6, 344, 463.)

Perkknnen.— Leased

V.

31, p. JS9. 319, 535;

do

RR.

do
<t

1877
ISBL
1888
July, 1930

Oct.

March

T. Co,

do

do
Phlla<lelphia

&

July

I»ndon,

London.
Philadelphia, Office.

do
do

& London.

Philadelphia, Office.

do

do

Philadelphia or London

Q.-J.

Philadelphia, Office.

Q.-M. Phila., Treasurer of Co,
J. & J Philadelphia &. Boston.
do
do
J. & J
A.

J.

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

do

do

Phll'delphia, Co.'s Office

do

<fe

&

do

Bait., Bait.
Ohio RR.
Pittsb., First Nat. Bank

Loudon, J.S.MorgandkCo

some time past,

in Pennsylvania,

mortgage bondholders.

1876

July 25, 1876

Philadelphia, Office.

PhUadelphia

31,

1,

Jan. 25,

do
do
do
do
do
do
London.
do

do
do

1,

1880
1886
1880
1880
1888
1877
1893
1893
June, 1911
Juue, 1911
June, 1911
Jan. 1, 1893
Oct. 1, 1897
July 1, 1908
1892
Oct. 10, 1876
Sept. 3, 1876
Jidy 1, 1876
July, 1884
April, 1887
Oct. 1, 1892
April 1, 1900
July. 1898
Aug. 1, 1882
Jan. 1, 1926

by tmstees of

Phil., Wil.

&

llrst

Bait, largely

interested.

Philadelphia <t Erie.~he»»eA February, 1888, for
999 years to Penn. Railroad, but without anyeiiarantee of bonds. Gross earnings. 1873, $8.MB78Q7;
net eamin<;«, $l,137.4i8.
The Penn. Kallroad la
creditor $231,344. (V. 30, p. 8, 243; V. a, p. 206.)

*

PhUadelphia Seadlng.-'Tht net earmings of main
lines in 1874-5, were $4,S30,7W, against
$5,720,205 in 1873-1, and $5,357,766 In 1878 3. Income
from other sources, $3,341,889, against $1,851,870 in
The trustees of (he general mortgage bold
1873-4.
Iron Co. A comparison
the mortgage of the Coal
of tatistlcs for three years is as follows:

and branch

&

Grose earnings..
Op. expenses

.

1872-3.
1878-4.
1874-6.
$14,832,661 $14,452,111 $18,680,927
9,474,895
8.781,916
8,180,159

Nat earnings

Funded debt

— CV.

20, p. 888;

V.

$5,357,766
1,065.116
44,18o,716

$5,720,205
1,351.670
58,156,138

21, p. 453;

V.

28, p.

$4,5.30,768

2,341,889
57,134,111

109; V.

88,

p. 40.)

Philadelphia dS 7V«f>ton.— Leased to Pennsylvania
Railroad with United New Jersey companies at 10
per cent on stock.

PhUadelphia, Oermantown

<t

for 999 years to Philadelphia
cent, on stock.

Vorrbtown.— Leased
Reading at 13 pec

&

Philade'phia, Wilmington * Baltimore.— TJet earn
ending Oct. 31, 1875, $1,240,3*3, lesTlng a
small surplus of income above payment of 8 per
Last annual report in V. )&. n.
cent dividends.
ings, year

156.

to Philadelphia

i'«ter«6!/rg'.— Gross earnings 1874,
(Vol. 19, p. 351: V. .W, p.
$103,373
64, 372; V. S2, p. 135.)
<t

Philadelphia, Pa.

In«. other sources.

Rock Island.— In hands of receiver. DeThere are oM 10 per cent bonds of

Philadelphia

1902
Jan., 1879
Jan., 1900
Oct., 1891

do
do

PhUa., Pa. Life

J.
J.

J.

30, 1874, net earnings, $6«,26!.

faulted in 1874

do

do
do

Philadelphia, Office.

eg.

Vaff<?y.—Leased perpetually to
Pacific at $125,000 per year.

Island

Pekin

J.
J.

F.

Pennsylvania <t Neie Kort.— Operated In close
connection with the Lehigh Valley. Net earnings
ISra, $44S,.361. Dividend of 7!^ percent paid on preferred stock, $2,000,000; common stock i8$l,061,700.

Peoria,

A.
A.

6

Previonsly operatod under temporary lease.

<fi

J.

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

Delaware.—The lease of

to the Pennsylvania Railroad

Rock

do

A.
A.

Pennsylvania Company Is a corporation distinct from the Pennsylvania Railroad, formed to
operate all the leased lines west of Pittsburg. The
Block is owned by the Penn. Railroad. The financial agent in London is the tloint Stock Bank.
(V. IS, p. 19J, 285, 350, 504, 584, f30; V.
19, p.
377, 47,f, 504; V. SO, p. 16, 8«. «67, 314,4a; V. 21, p.
130, .361, 458, 592; V. i% p. 263; V. 23, p. 16.)

Peoria
Chicago,

Oct. 16, 1876
Oct. 10, 1897

Philadelphia, Office,

'<fe"j

G
6
6
7

—The

<t

Commerce. Oct. xV'isao

London & Philadelphia,
do
do
Various

$128,096,560
113,010,000
105,784,015
82,589,537

«l,3re.92t

1892

iSc

<fe

and Debt.

EarumflB.
$8,147,S8

1,

<Sc

& J,
& J.
J. & J.
I'- J. & J.
M. & S.
7
T. & J.
J.
J.
A. & O
7
J. & D.
7
«g- J. & D.
?«• J. & D.
J. & J.
A. & 0.
6
««• J. & J
6
6

of

New York, Office.
lyondon.
New York, Oflloe.
New York and I.ondon,

21a
3>a

including dividends. The following is a comparison
for four years on main line and branches in Pennsylvania:
GroES
Net
Total Stock
Earninijs.
$20,493,251
82,642,371
24,886,009
22,012,5*5

Feb.

* J.
Jan. 1, 1903
& J.
July 1, 1892
& J. N. Y., Eric Railway Co, Jan. 1, 1878
F. & A N. Y., T. W. & W. RR.
Feb., 1900
M. & N.
New York.
Hay 1889 to '90
Q.-F.
Fblladelpbia, Office.
Aug. 30, 1876
do
J. & J.
do
Jan., 1880
Q.-J.
Fhlladelphla, Office.
1910
A. & O.
do
do
Annually.
Q.-SI. Philadelphia <b London, Juno 15, 1905
Philadelphia, Office.
J. & J.
1881
& O Pltt«burgh Co.'s Office. Oct., 1873
& A
PhlladolpUia.
1903
A PhUadelphia, Office.
190S
& O.
do
do
1903
& D Phlla., B'k N. America. June 1, 1896
& D.
do
do
Juno, 1906
&. A N.Y.,Chle.,R.L& Pao.
Aug., 1876
& J. N. Y., Imp. Trad. B'k. July 1, 1804
'&'a. New York and London.
Feb!,' "1900
& o Phlla., 2278. 4th St. Apr. 1, 1897
&D
do
do
Juno 1, 1913
& J.
Jan., 1872
& J. N.Y. Lancaster, B.&Co Jan., 1879-'98
J.
J.
J.

7

operations east of Pittsburg, in 1375, the report

shows a pet surplus of $1,031,929 over

Pennsylvania

Paris <4 DanvUlt.—Ot thase bonds, J-ISO.OOO were
Given for coal mines at Danville, which are covered
Foreclosure in prog(1,2;10 acres) by the moytsagc

7

4
7
7

2,400,000
1,000,000
5,000,000
3,000,000
8,680,000
32,725,775
1,551,800
1,510,500
79,500
182,400
967,200
495,900
134,400
1,138,900
2,700,000
10,688,000
7,000,000
968,000
10,500,000
9,364,000
19,686,000
13,413,500
1,259,100
2,231,900
11,536,250
290,000
1,000,000
700,000
839,000
4,000,000
400,000
6,500,000

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

N.Y.,Imp.4Trad.N.B

K.
J.

7

Ix>an

305, 35J, 363.)

?«•
7
7

400,000
300,000
6,048,700

1859
1869
1866

do
sterling
do
do
East Pennsylvania 1st mort., sinking fund
mortgage, sterling
lioan

Lexinv3q morigazo, Sept. 6, 1S76, for $3,000,000.
ton & St. Louis also to be sold. (V. 22, p. 10. 182,
828, 668; V. 23, p. 16, 86, 208, 858, S79, 304, 330, ^4.)
Paducah <£ JfempAii.— Foreclosure proceedings
commenced, bat compromise afterward reported.
(V. 21, p. IIU; V. 22, p. 283.)
PaTiama.—h steamship lino lately started. (V. 20,
p. 358; V. 21, p. 207, 231, 489; V. «<, p, 88, 233, 247,

"3'

I'-

100

do

—

6

1,.500,000

do

—

S

621.000
1,200,000
1,324,200
500,000
300,000
800,000

lioan mortgage, convertible

Owensboro tt Bugeellvillc. Now Evansville, Owensboro & Nashville. To be sold in foreclosure.
Pacific of Missouri. Road was leased July, 1872. to
Atlanuc & Pacific Railroad and dividends guaranteed. In Sept. and Oct., 1875, the price of stock
fell from A7% to 7'/^, the principal causes being
a decrease of $603,996 in earnings since January 1:
the failure of A. & P. to pay tlie October dividend
advertised, and the fact tliat the road was so heavily
Road sold under
loaded witli debt to A. & P. Co.

6
6

100

:

Turtle Creek division
do
Ist
Consol. mort., guar. B. dt O. (s. f. JB7,200 pr. yr.)

7
!«•

1,000

"46
287
287
287

.

Pittab, <t ConnellsvUle.—liit

?«•

1,600

,

do
do

?«

1867
1873

"82
82
82
36
36
10
287

2d mortgage Pa.)
Ist mortgage (Md.)

A A.
<l.-J.

F.

A.i'o. K. Y., B'k
3

9OI2 1870

Pe«er«6ur9—Stock
Ist mort. bonds (payable $25,000 yearly)
2d mortgage
Philadelphia <t Halt. Oentral—lat mort. (Pa)

—

««•

3,000,000
8,000,000
7,096,000
1,083,000
519,000
1,500,000
1,500,000
1,200,000
1,000,000
1,000,000

1,000

When Due.
Btoekt—Vaat
Diridond.

N. Y., At. & Pao. R. R. July 20, 1875
& A. N. Y., B'k Commerce.
Aug., 1888
& J
do
do
July, J 891
M. &N.
do
8
do
May 1, 1892
mont'ly
7
St. Louis.
VkI)., 1885
M. & 8. N. Y., B'k Commerce.
7
B.>pt., 1802
7
U. & N N. Y., Atlan. & Pac. RR Mar 1, 189S
flg. A. & O. N. Y., B'k Cemmeroe.
Oct. 1, 1893
do
do
Doc. 1, 1890
6K- J. & D
IHi

6

"50

1873
1873
1873
1866
1866

44
44
105

18

Mortgage loans inconvertible

50

50

(sink, fund)

(for $20,000,000), guar by P. R.
Philadelphia rf- Jfeadmj/—Stock, common
Preferred stock

£200
1,000

1873
1875

—

2d mortgage
2d mort., gold

1,600

69.'70

.

Ist mortgage

1,000
1,000
1,000

1870

1st mortgage, gold, (held by Pennsylvania BR.)
Pennsylvania d Delaware— lat raoHgage
2d mortgage
Pennsylcania dt New rorfc— 1st mort., guaran
Ist mortgage, guaiautced
Peoria <e Bureau Valley Stock
Peoria, Pekin <e Jacksonville— 1st mortgage
2d mortgage
Peoria <e Rock /.—Ist mort. (after $150,000 10s) ....

& R.,

100 ic.

'i'o'o

—

JPerAfiomoi— 1st mortgage
Consol. mort., gold, guar. P.

600 &o.

1870

8

$1,500,000
7,000,000
7,000,000
2,700,000
800,000
700,000
1,500,000
2,500,000
500,000
900,000
200,000
500,000
1,541,000
7,000,000
2,794,000
2,500,000
1,200,000
500,000
1,076,000
3,800,000
68,870,200
4,970,000
19,999,760
5,007,360
29,250,000

1,000
1,000

JSoi«i#— Principal,

Rate per

Outstanding

Value.

55J4

21
115
47

INTEREST OR DIVIDENDS.
When Where Payable, and by
Cent.
Payable
Whom.

Amount

1872 $500&c.
100

1868
1871
1872

1872
200 1875
1873
15>a
55>4 1871

3d mortgage

or

Bl7,e,

of

Paeifle of Jlft*«oiiri— Stock
let mortgago, Koid
2d mortgah'u (alukln^ fund $00,000 per annum).
Real estate (depot) bonds
Debt to St. Louis County (no bonds)
Income bonds, (guuraiitoed Atlantic &, Faclfl«)

xxr

Imiuedlata aotlea ol amy error dlacorered In tbesa Tab'aa.

DESCKIPTION.

For explanation

AND BONDS.

RA.ILBOAD STOCKS

Octobsr i8, 1876.]

& Reading.
$240,145; net,

502:

V.

81, p.

BaUimor4 CimVot—Oi^rated for

PUlsburt) <t Connellsvil'e.-lntenet was in tfefault to city of Baltimore, which owned a largo
amount of the bonds, and a transfer was made Mar
1875, to Baltimore Si Ohio RR. for $1,000,000.
(V
18. p. Ja- V. 19, p. 17; V. 20, p. 891, 546; V. 81. "^
p.

10'.)

.

;

RAILROAD STOCKS AND BONDS.

xxTi
Nabaoribera

ivlll

Miles Date
column headings, &c., see notes of
of
page oi tables.
Road Bonds
at the bead of tirst
of

CceSi.X.— l8tin.,cou8.
mortgage

PUt».,
2(1

200
200
117
33
468
468
468
468
468
468
468
468
468
468
468
468
468
468
468

(for $10,000,000)..

Ist mortgage, Stenbenville & Ind., reorganized
Col. <fe Newai k Division bonds
PitUbniQ, It. Wnyne it C/ncapo—Stock, guar
Special improvement stock, guaranteed
let mortgage (series A).
1st
do
do B.
Ist
do
do
C.
§'«
Ist
do
do D.
Ist
do
do
E.

^1

do
do
do
do
do
do
do
do

^?
2d
2d
2d
2d
2d
3d

so
eg
u

F.
G.

do
do
do
do
do
do
do

es

H.
I.
K.

V

<S 0)

L.

C d o

M.

,«

Wayne & Chic, oonstnietion bonds

Pltt«biu-g, Ft.

Equipment bonds (renewed)
IHtUb., Va.

<t

<«

—

66
62

New mortgage

(for $3,300,000)
Vermont Div., gold
Bochesler— 1st mort., s. r. (Portl. loan) "A".
Ist mortgage, equal lien
(Portland loan) sinking fund, "B".
2d
do
Portland, Saco d Pcn-tsmoitlh— Stock
Port Royal (8. <7.)— Ist mortgage, convertible, gold.
Portsmouth, Gt. Falls <£ Oonipav—Stock
Bonds (not mort.) guaranteed by Eastern RK
Providence A Worcester—Stock

1st mortgage,
<t

Outatanding

Value.

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

500
500
500
500
500
500
500
500
500
500
500
500
500

&c,
&c,
&c,
&c,
&c,
&c,
&c,
&c.
Ac,
&c,
4c,

&c
&c

R

1st sinking fimd mort., Wat. <fe
General mortgage,' sinklug fund

2d mortgage
Coneol. mort., convert, till July, *79, coup
Stock, common
Preferred stock

—

100 Ac.

1,000

1872

100 &c.

1871

1,000

<t Denver City— lut m. gold, B. div
Western division, laud grant
Alton it Terre ifnii(c— Stock
Preferred stock (7 per ceut yearly, cumulative)
Ist mortgage (series A) sinking fund.
iBt mortgage (series B) siuidng fund
2d mortgage, preferred (series C)
2d mortgage, preferred (series D)

Joseph

Ist mortgage.

St. IjOuis,

1874
1873

1855
1861
1872
1874

1870
1870
1872
1869
1870
1864
1864
1864
1864
1864
1870

686
210
210
686

1,000

100

.

2d mortgage, mcome
Equipment mortgage
o 2»
SL Louis, Iron Mountain it Southern — StocK
1st mortgage, coupon
2d mortgage, gold, coupon, may be registered
Cons. M. gold (s. f. after 1880), coup., may be reg.

i.eoo

ioo

1870
1875
1868

1,000
1,600

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

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

1 ,500,000
5,500,000
2,300,000
2.468,400
1,100,000
1,100,000
1,400,000
1,400,000
1,700,000
300,000
19,479,653
4,000,000
6,000,000
1,617,000

1,000

500 &c.
1,000
1,000

500 &c.
1,000

100

1867
1872
1874

7
7
6

7

1%
1%

1,000
1,000
1,000

314, 481;

V.

21, p. 378.)

23, p. 375.)

"m

PorUand <t Ogdensburg.—
two d '1«ion« were
consolidated March 1875 as one company, and a
mortgage of $8,000,000 on whole line proposed. In
March, 1876, Co. passed the interest on Portland
city bond*. (V. 21. p. 130, S9«, 613; V. 22, p. 183; V.
22, p. 304, 418; V. 33, p. 86.)
PorUand dt Rochester— Vet eamious year ending
Angnet 31. 1875, $8.3,659,
23, p. 354,377.)

Interest in default,

(V.

Richmond
$923,06;;

<ft

net,

$201,597. (V. 20, p. 244.)

North Carolina Railrcid and the Piedmont Railroad,
and forms a through route with the Atlanta & Rich-

mond Air-Line. The t'enn. Railroad owned $600,000
stock of the Richmond & Danville, and took $1,000,000 of the new bonds at 80. (V. 20, p. 8, 291, 668
V. 81, p. 614; V. 22, p. 180.)
<fi

Potomac.

— Gross

earnings, $882,298; er.penses, $180,049; net earnings,
$2,a,248. (V. 21,p. 612.)

Richmond
ending

do

1838

JiUy'6,'i874

A J

N. Y., Otflce 12 Wall

1894

St.

do
do
A O.
1894
F. A A.
do
do
1894
7
do
do
M. A N,
1394
7
do
do
M. A N.
1894
7
M. A S.
do
do
1380
10
"7"
F. AA. N.Y.,Offlce 20 Nassau St Aug. 1, 1892
Mar 1, 1897
?«• M. A N. New York or London
do
do
April 1, 1914
7 g. A. A O.

DcmvUU.—Groea earnings 1874-5,
$323,447. This company leases the

Richmond, Fredericksburg

1890
1876
1876
1, 1912
1. 1912
1, 1912
1, 1912
1, 1912
1, 1912
1, 1912
1, 1912
1, 1912
1, 1912
1. 1912
1, 1912
1, 1912
1, 1887
1, 1884

Jan.,
Oct. 5.
Oct. 2,

A.

A

was

do

J.

Rensselaer eft .Sara(y)70.— Leased May 1, 1871, to
Delaware & Hudson Canal Company, wnicli pays interest on bonds and 8 par cent on "-tock. In 1872-3

the net surplus te lessee

F.

ti.&

7

A

Port Huron c* Lake Ulchlgan—'T\i\s forms part of
the Chicago & Lake Huron consolidation, with Penin«nlar of Michigan. Interest was in default Nov.,
1873, and foreclosure is pending. (V. SO, p. 357: V.

J.

7

k

foreclosure

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

"3'

"

Padtc-ln

do
do
do
do
do
do
do
do

.T.

>

<fc

Phila., Pa. BR. Office.
N.Y., Wlnslow.L.ACo

A O. New York or Richmond
London.
A J.
1875
1875
6& f' Various Richmond, Office.
do
J. A J
1881-'0O
8
Richmond, Office.
A. A O
1880 to '86
8
do
do
May 1, 1915
M. A N.
7
F. A A. New York and London.
Aug., 1918
I'- J. A J. N. Y., Farm. L. A T. Co. July 15, 1875
do
M. A 8.
do
Sept. 1.1880
7
do
do
J. A D.
Dec. 1, 1891
7
do
do
J. A J.
Jan. 1, 1892
7
do
do
A. A O.
July 1, 1904
7
"3138 F. AA.
Boston, Treasurer.
Feb. 2,1875
do
do
May 1, 1880
M. A N.
7
do
do
Sept. 1, 1880
M. A 8.
8
do
Nov. 1, 1902
do
M. A N,
8
Aug., 1899
8g. P. A A. N. Y., I/ondon A Frank,
do
do
May 15, 1900
8g. F. A A.

A

Plymouth, Kankakee
<V. 19, p. 120; V. ao, p.

J.

6-70 A.

Waym A

the Pennsylvania Railroad owns $500,000.

J.&

!«•

Pittsburg, Cincinnati <6 St. Louis.— Tbii company
PorUand, Saco it Portsmouth— teased March 18,
leases several roads and is itpelf controlled by the
1871, to Eastern Mass. Railroad for 99 years at 10
Co., which holds a majority of the per cent per annmn; modified Dec, 1875, to 6 per
capital stock. Common stock, $3,508,700; Ist pref.,
cent for two years. (V. 21, p. 372, 434, 592; V. 22, p.
$S,928,«00; 8d pref., $3,000,000.
Net earnings, 663.)
1876, $733,962. Annual report, 1875, V. %2, p. 519;
Port Royal.—The Georg'a Railroad guarantees
V. S3, p. 264.
$500,000 of these bonds; l^Iance in default. Decree
Pittsburg, Fort
Chicago.— T^iH road of sale made. (V. 20, p. 291, 453; V. 21, p. 78; Y.
was leased July, 186K, for 999 years, to Penusyl- 22, p. 591.)
vauia Railroad, at a rental equivalent to interest,
sinking fund of debt, and 7 per cent on $lfi,714,28«
Portsmouth, Great Falls
Cbnwoy.— Opened in
stock, which was (itViIi^UD^VA a\, that time llLTIll 1872, and is leased by Eastern Raih-oad, Massachu"-"-»)
II »a
•• MJ.V.**
increased at vuaij IrlUlC from
~"
$11,500,000. The lease was transferred subseqnentlv setts.
1 1,500,000.
"•
to the Pennsylvania Company. The lessees to keep
Providence 6k Worcester.— 'Set earnings year endthe roati in repair, and also pay taxes, expenses,
etc.
Pittsburg, Fort Wayne
Chicago leases the ing September 30, 1875, $230,278; lloating debt,
Newcastle
Beaver Valley and the Lawrence roads: $l,3r0,0j0. (V. 21, p. 690.)
which in turn are leased again by Pennsylvania ComReading dt
pany.
New stock of ti;in;),u00, issued to Penn. controlled by ColumMa. This road is operated and
the Philadelptua
Reading Railroad.
Railroad for improvements, Ac, is under article 16 PloaUngdebt.
$1,093,494.
of lease; guaranty on old stock not affected. Net
earnings, 1875. $3,878,398. Sinking fund for bonds,
Reading eft Lehlgh.-ThXe was the Berks County
$1,763,850. (V. 22, p. 688.)
road; sold out, and leised to Philadelphia
ReadPittsburg Virginia <S CharlesUm.—Ot these bonds ing, March, 1875, for 99 years. (V. 30, p. 63, 267.)

—

F. & A. Phlla., Pa. RR. Office. Aug. 1, 1900
do
& O.
do
Apnl 1, 1913
M'nthly N. Y. Agent, 57 B'way.
May, 1884

A.

,

PenneyWania

&

WTiom.

Payable

jeoads— Princiwhen Due.
Slocks— Ijiet
Dividend.

pal,

by

& J.
July
& A.
July
B.
July
A. & O.
July
M. A N.
July
J. A D.
July
JiUy
J. A J.
do
F. A A.
July
do
M. A S.
July
A. & O.
do
July
7
M. A N.
do
July
7
do
July
J. A D.
7
do
A. A O.
July
7
J. A J. N.Y., Wlnslow, L. A Co. Jan.
7
do
M. A S.
do
Mch.
8
Philadelphia.
7g.
New York.
July 1. 1901
7g. J. A J.
New York.
May 1, 1899
7g. M. A N.
Jan., 190O
J. A J. Boston, First Nat. Bank
M. A N.
do
do
Nov., 1901
I"- M. A N. New York and Boston.
May, 1891
J. A J. Boston, Columbian B'k, JiUy 1, 1887
A. A O.
do
do
Oct. 1, 1887
7
do
Various
do
Sept. 1, 1891
6
Boston, Office.
J. A J.
July 1, 1876
3
M. A N. New York and London. Nov. 1, 1889
I'- J. A J. Bost., Eastern RR. Co. July 15, 1873
do
J. A D.
do
Dec. 1, 1892
6
Providence, Office.
J. A J.
July 1, 1876
4
do
do
July 1, 1880
6
J. A J.
M. A S. N. Y., Union Nat. Bank. Mch. 1, 1882
7
J. A D. Columbia, First Nat.B'k
Jime, 1884
7
4"
J. A J. N. Y., Nat. B'k Com'rce
July iV'l876
M. A N. N.Y., Del.A H.Canal Co
Nov., 1921
7
6'
Richmond, Office.
J. A J.
1880
do
J. A J.
Jan. 1, 1875
6
M. A N. N.Y., City Nat. Bank.
1875 to '90
6
7
7
7
7
7
7
7
7
7

m

1870
1862
1864

120
120
120
112
170
266

'.

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
1,000,000
1,000,000
20,000 p.
1,800,000
800,000
1,124,000
2,300,000
700,000
350,000
450,000
1,500,000
2,500,000
770,000
486,000
2,000,000
500,000
650,000
350,000
1,500,000
7,000,000
1,925,000
4,000,000
508,486
157,800
1,768,500
1,092,000
500,000
500,000
67,778
299,917
450,000
175,000
50,000
9,000,000
3,147,600
799,900
1,200,500
1,000,000
3,000,000
2,479,700
4,168,700
500,000
500,000
1,212,000

100
500 &c.
100

23

Cent.

87.'>,000

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

71
71
67

28i
218
97
190
190
360
120

INTEREST OR DIVIDENDS.
When Whore Payable, and

Rate per

$6,222,000
5,000.000
3,000,000
775,000
19,714,285
4,333,948
875,000

100

52

111% 1869

142
49
29

,

Amoimt

521a 1867-9 500 &c,
521a 1870 500 &e.
521a 1871 500 &c,

142
10

Coupon bonds of 1881
Richmond <t Petersburg— lat mortgage coupon
New mortgage
Sockford Itack I. it St. Louis— lat mort., gold
Some, Watertotcn dS Ogdensburg— Stock

St.

Par

isi
181

—

Rensselaer c£- Saratoga Stock
Ist mortgage, consolidated (for $2,000,000)
Richmond <£• i)a«»u/(c— Stock
State sinldng fund loan
Bonds, guaranteed by State
Consolidated mortgage, coupon or registered
Kew general mort., gold (for $6,000,000)
Piedmont branch, Ist mortgage
Northwestern, N. C, 1st mort., guar
JHeh'd, tredericksburg <t fo(om«c—Bonds, ster
Dollar loan

Equipment mortgage bonds
do
do
New general mortgage

116

1869
1870
1871
1871

or

Size,

44
50
50

Mortgage bonds
Reading <t Columbia— let mortgage, coupon
2d mortgage, coupon
Xe<iding<£ Leh iyli—lHt mortgage

Rutland

1871
1862
1862
1862
1862
1862
1862
1862
1862
1862
1862
1863
1862
1862
1857
1874

I67I3 1871

Pac.— Ist m. ($3,600,000)

Part Iluron <£ L. Mich. 1st mort., traf. guar
Portland it Ogdetisb.—\st mort., E. D., gold
Portl.

1868
1873
1864
1864

CharlesloH—lBt mortgage, gold

rij/monlh, Kank.

187ff.

confer a great tAvor by clvlnK Immediate notice ot any error dUeorered In these Tables.

DESCRIPTION.

For explanation

[O.tober 28,

c6 Pitersburg.-Qrom earnings year
8e<)t. 30, 18/5, $164,iM5: net, $78,261.
BoBd«

due and not presented, $99,500; bonds paid
$50,500.

off,

(V. 22, p. 15.)

—

Rockford, Rock Island <ft St. Louis. Sold in foreclosure August 16, 1875. for $l,:j20,000. Re-organized
as the St. Louis Rock Island & Chicago. (\ 22, p.
.

135, 182, 3v0,
238, 879.)

375,

448, 463, 487, 513, 536;

V.

US, p.

Rome, Wateriown it Ogdensburg —The last report,
in V. 22, p. 493, shows gross earnings in 1875 of
$:, 167,824; expenses, $885,585; net earnings, $282,239.
The Lake Ontario Shore Road has been congolidated with the Rome, Watertown & Ogdensburg,
and is in progress to Niagara. (V. 19, p. 169; v.
311 V. 21, p. 442; V. 22, p. 493.)

20, p. 8, 163,

;

1871, to the Vermont
Default
Central. Terms modified in July, 1874.
made on rental, and lense again modifled. (V. 21, p.
186, 490; V.23, p. 209; V. 23, p. 110.)

Rutland.— hettaei January,

St. Joseph it Denver CSiv.— The road was sold in
foreclosure Nov., 1875, and re-organized under two
companies. See V. 23, p. 1856.
(V. «, p. 40, 418;

442, 505;

V. 22,

p. 234, 297, 415.)

Al ton it Terre Ifoute.—The main Bne—
Terre Haute to f. St. Louis— wns lea«cd June, 1867,
St. LoKtls,

&

St. Levis at 30 per
for 90 years, to Indianapolis
cent of gross earnings up to $2,000,000 (out in no
year to be less than $450,000). In 1875 gross earnings were $1,019,837, aminst $1,254,136 in 1874. The
Belleville Branch and Extension earned not in 1375,
$103,661. Committees' report against Tilden and
others, purchasing committee, V. 23, p. 208. (V. 20,
p. 380, 546, 671; V. 21, p. 64; V. 22, p. 35L)

S

Southern.— OrofB
St. Louis, Iron Mountain
ea-nlngs, 1875, $3,802,941; net. $1,613,923. Consolidation was made in 1874 with Cairo & Fulton
and Cairo, Arkansas & Texas. In March, 1875, the
company issued a proposal to fund three coupons
on all bonds except the old firsts, which has been
substantially carried out. (V. 20, p. 244, 616; Y. 21,
p. 614; V. 28, p. 209, 3*!).)

. .

RAILROAD STOCKS AND BOKDS.

Octobir 28, 1876.]
Sabscrlbers

vrlll

;

;

zzvU

eonftr a icreat niror hf kItIbc Immediate n«tlee of anjr error dIaeoTared In these Tabic*.

INTEREST OR DIVIDENDe.

DESCRIPTION.

Ulleg Date Size, or
Amotmt Rate per When Where Parable, and by
of
of column beadinm, &a., see notes
of
Par
Road. Bonds Value. Outstanding
at the head of ttrst page of tables.
Whom.
Payable
Cent.

For explanation

—

—

Louis Iron Mountain t£ Souik'n (Continued)
Arkansiu) Branch, Ist mortgage, gold, land grant
Cairo, Ark. & Texas, Ist mort., gold, coup, or reg.
Cairo & Fulton, 1st mort., gold, on roa<l and land.
SI. L., Kansus Oily <« A'.—Stock ($12,000,000 pref.)
l8t mortgage (North Missouri)
Real estate and railway 2d mort. (for $3,000,000)
j8*. Louis, Laterence t£ Denver
1st mort.. gold
St. Tjouis rf Southeastem—lat m., gold, conv. s. fund
Consolidated mortgage, gold, sinking fund
Evansvllle, Hcnderricin & NaHlivillc, Ist mort
SI. Louis, Vandalia it: Terre Ilaule—lHt m. s. f. guar.
2d mort., sink, fund ($1,600,000 guar.)
St. Paul <t Pacific— First Divisionlist M., 10 miles, St. P. to St. Anthony
2d M., St. Paul to Watab ($700,000)
3(1 M„ land gr't, St. P. to Watab. ($1,200,000)
do
($2,800,000)
« [ tJonsol. laiul gr't
fist M., St. Anthony to 150 miles west
S 2dM.,&l8tl.g.,St.A. to 150ni.W,($3,O0O,0O0)
a J 3d M. l.gr. on 150m. W. of St. A. & 1st m. on
g1 60m.morcwlthl.gr., ($600,000)
S 4th M., St. P. to Breckenridge, 2d on I'd gr.
a I IDOm. ($3,000,000)
St.

stock
stock

new

Savannah <t Charleston —C. & S., guar, by 8. C
Funded Int. bonds, S. & C. RR., guar, by 8. Car.
1st mort. Savannah & Charleston RR
Savannah tC Mentphis-lat mort., end. by State

1868

250 &0.

5,700,000

1,000
1,000

1,.500,000

"28
28

600

<t

Northern.—

^M the stock

10 per cent yearly, but not cumulative.
1875, $-J,643,s33; net, $.>17,2r9.
Floating debt, $1,686,772, to be retired with second
mortgage bonds. (V. ai, p. 160; V. 8«, p. 542; V.
23, p. a»5, 379.)
Leased to Pacific
St. Louis, Lawrence eft Denr^.
decision of ranch i»?tereet to bondliolders
of Mo.
of leased roads was rendered by Jud;je Billon in a
solt against the lessee for interest, but that suit was
discontinned, and another brought Id name of Trustees. (V. 19, p. 377; V. al, p. 374; V. 23, p. 408.)

—

A

St.

Louis

&

of receiver.

—

Southeastern. In default and in hands
See report at length in V. 22, p. 180.

4«; V. 32, p. 88, 180, 691.)
St. Louis, Vandalia A Terre /Tawte.—The com.
Itock is $2,378,450, pref. |1,451,7II0. This road Is
leased to Terre Haute & Indianapolis at 35 per cent
of gross earnings. In 187S gross earnings, $1,006,220.
Bonds guaranteea by Terre Haute & Indianapolis,
by Columbus, Chicago & Indiana Central, and Pittaburg, Cincinnati & St. Louis. (V 82, p. 520.)
St. Paul <4 PaclUc, First Division.— The bonds of
the First Division of the St. P. & P. RR. Co. are
nearly all held in Holland. The third mortgage of
$6,1)00,000 has the additional security of the $1,500,000 first mortgage bonds held by its trustees. Default hjs been made
the payment of interest
since June, 1873, on all the issues except the first
and second mortgages on Branch Line. Suits of
foreclosure under the mortgages are in progress,

and the railroad andpropjrty of the company have
heen taken possession of by the trustees under the
mortgage deeds. (V. 22, p. 88, 159, 209, 281; V. 23,
p. 433, 379.)
St Paul dt

Pad*;.—The road

In hands of Receiver of U. S. Court, and the bonds are all held in
HoUanrt. The mortga-je is being foreclosed.
Si Paul <t Sioux City.— This company has 756,998
acres of land unsjid. In ISTS $I,«20.UU) mort. bonds
were ra:ule, and are mostly deposited as security
for the stock— it par for consol. stock, and at IIU per
$1C0 on pref.
(V. SO, p. 544, 516; V. 22. p. 470.)
is

7

.1.

2'a

.1.

A.

M

7

.1.

8

J.

7

A.

3

F.
,1.

750,000
694,000
795,000

.1.

8

A.
A.

7
4
7

8

5,819,275
1,483,777

1

959,500
917,000
1,096,500
64,000
391,000
5,355,000
750,000

100
1,000

500 ic.
500 &c.
500 &c.
1.000

lOO &c.
i",6do

1,000

500 &c.

100 &0.
1,000

500 &e.
100
1,000
1,000

M

6
6

500,000

.1.
.1.

g-

g'

.1.

do

,1.

N.Y., I.anca.ster,B.A Co.
Philadelphia, Office.

.1.

N. Y.,Imp. ATi-ad. Bk.

.1.

New York Office.
do
do

do
do

Phlladelphla,Treasurer.

do

,r.

Oct. i;'i875
July, 1902

March

1877
1899
1889
May 1890
July, 1876
May 1, 1876
1880
Jan.l, 1890
Sept. 1, 1889
Jan. 1, 1872
Jan. 1, 1864
Apr. 1, 1887
Aug., 1870
July, 1901
June, 1884
Oct., 1896
Apr. 1, 1889
July, 1876
Sept. 1, 1880
Jan. 1, 189S
Jan. 1, 1898

do

N. Y. City Nat. Bank.

do

do

Ou^.

—The

Selma, Marion

May,

1876.

db

N. Y., N. Bk. of Com'roe.
N. H., Nat. N.H. Bank.

(V. 19, p. 386; V.

—

5
4
7

7g.

I

A

Read-

1872.
3i, p. 437.)

Re-

This was formerly the
dk Dallon.
Tennessee River. Interest in default
and road to be sold. (V. 19, p. 40.)
Shamokin Valley dk PottsvUie.—lK&iei February,
1863, to Northern Central at 7 per cent on bonds and
6 per cent on stock.
Sheboygan A Fond du Zot;.—Went to dofanlt,

1873.
A fundinsr plan was offered.
Shenango tfc Al'.eghany. This is one of the leased
lines of the Atlantic
Great Western, on which
" rental trust bonds " were Issued.
The net earning 1873 wore $86,851.
Shore ii;i«.— Leased to
York
New Haven
at $100,000 per year. Old stock was exchanged for
new in July, 1873.

&

—

New

do

do

.i;

do

Nov., 1901
June, 1891

May, 1871

Macon.

1886

.r.

.1.

,1.

Various
Various

proposed line was Selma to

&

no

N. Y., N. Park Bank.
U. S. Treas., at maturity
N.Y., Metropol. N. B'k.

1,
1,

Charleston, S.W.RR.B'k

J.

Interest in default.

Selma, Borne

.1.

7
7

5(K),000

Memphis.— Det&altci

M

M

.1.

1,

Sept. 1,

Jan.

N.Y., Roddey, Bell A Co.
N. Y., H. Clews A Co.

.1.

7
7

dt Roanoke.— Net earnings year ending
Report V. 21, p. 276.
1, 1875, $131,152.

Pollard, 100 miles.

A

Sioux City dk Paciftc.—Yor year ending June 30,
gross earnings were $319,819, and net earnings
$56,115. Pays 7 p. c. on pref. stock, $169,800, semi1874,

annually, A. & O. (V. S2,ji. 545.1
Sioux City <fc St. P.ml.— There are aLso $505,000 2d
mort. bonds, $146,000 equipment and $286,603 income bonds. Net earnings in 1S75 were $75,746.
Lands unsold, 545,215 acres. (V. 90, p. 544; V. »,
p.

l8t N. Bk., Sandusky, O.
Y., ITnion Trust Co.
Charleston, Ist Nat.Bk.
New York,

J N.

A H.
A H.
A
A N.
A
A N.
A
A O.
A H.
A
A
A <>.
A A.
A
A I).
A <).
A O.
A
A H.
A J.
A
A N.
AN.

.1.

625,000
3,892,300
399,000
300,000
416,000
350,000

Seaboard

Alabama

Oct.,

.7.

.

ceiver,

1900
1901
1870

Paul, Office.

,1.

p. 366.)
Schiiylki'l Faifey.— Leased to Philadelphia
ing, with 10 per cent dividends.

&

1899

London.
A
1882 to '88
New York.
A J.
1882 to '88
A. A ().
do
7
Oct. 1. 1902
A. A <).
Charleston.
7
April, 1891
do
J. A
1860 A 1892
6
A J. N. Y., Drexel, M. A Co. Jan. 1, 1890
§«•
M. A N. London, Baring Bros.
M. A S. N. Y., Oallatln Nat. B'k Mar. 1. 1887
do
do
M. A N.
7
May 1, 190O
do
do
M. A N.
Nov. 1, 1879
7
F. A A. N. Y., Vermilye A Co.
Aug. 1, 1899
7
do
do
Mar. 1, 1882
7g. M. A H.
M. A N.
May 1, 1900
1878 to '88
I'- A. A-O. N. Y., P. M. Myers A Co.
do
do
A
1890
7
g«- A. A (). N. Y.,C. P. Huntington. April 1, 1905
Mar. 1, 1900
7 g. M. A H.
J. A I). Savannah, Cent. RR. Ga June 30, 1876
3»a
5

—

Setmi

A.

Q .— F.

6

1,500,000
500,000
1,500,000
600,000
1,500,000
3,340,000
1,252,000
19,984,000

2,000,400
270,000
500.000

,1.

;

(V. 21, p. 137, 418,

m

IVI

Sandtiaky, Mansfield dt iV«(cor*.— This road is one
it is leased to the
of the Baltimore & Ohio sy.-tem
Central Ohio, and the lease guaranteed by Baltimore
& Ohio. (V. 19. p. 584.)
Savannah & Charleston. Interest In default. Road
in hands of State Comptroller.
(V. 20, p. 453, 491
V. 21, p. 16; V. 22, p. 61.^)
Savannah it JfempAf«.— Defaulted after the crisis
of 1873. A funding proposition was offered. fV 19,

Murch

do
do

1894,

1894

7

1875
1875
1867
1871

81
81
45

do

.T.

8
8

1881
1892
1892
1892

do
do
do

St.

19M

1894
Aug., 1902
July 1,1897
Jan. 1, 1897
May 1, 1898
Not.','

do

D.

4

450,000

ido

30

do

J.

A.
N.

M
M
M

1,240,000

'500

1807
ISVT
1891

July i'isos

In default.

J.

1,000
1,000

500

1,
1,
1,

Sept. 1,

KennodyA Co,

D.

7
8g.

1,000,000
200,000
1,629,000
1,628,020

48>2 1871
7 1865

—

8

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

24
257

—

do

N. Y., J. S.

J.
J.

2
7
6
7

1868
1872
1866
1868
1870
1873
1867
1870
1874
1869
1872
1870
1868
1868
1875

183
183
57
57
69
116
116
87
170
170

S.

& D.
4 J
Q.-J.
J. 4 J.

7
7
2

"ido
1868 Various

242
242
242

do

N.

tt.& N,

.V

1.994,000

1,000

1871
1871
1871

i"22

H.&
M.A
J. &
J. &
J. &
P. &
M.&

7
7
7
7

869,4,50

500 &c,

1865
1868

124

.

1,000

1871
1864
1871
1869

32
50
50
105

—

i',6do

,000,000

15,000,000
2,081,800
2,400,000
1,050,356
2,301,000
505,000
111,800
500,000
16,000 p. m.
576,050
1,278,400
210,000
16,000 p. ip.
16,000 p. m.
838,500
241.000
3,000,000

50

45
40

—

Si.LouU, Kansas Oily

1,000

1870
1869

50
100
100

.

is pref.,

1,000

50
100

40

General mortgage for $5,000,000
Bhamokin Valley <£ Pottscille — Stock
1st msrtgage, gold, on road and lands.
Stieboygan <t Fond du Lae—Xat mortgage
Ist mortgage extension
Shenango it Alleghany— lat mortgage ...
Shore Line Conn.) Stock
1st mortgage, construction bonds
Sioux City it Pacific— 1st mortgage
2d mortgage (government subsidy)
Sioux Oily it SI. Paul— 1st mortgage, gold, I'd grant
1st mortgage, currency for $2,100,000
Somerset— 1st mortgage, gold
/South Carolina— Stbok
1st mortgage, sterling loan
do
dollar bonds, (L)
2d mortgage (for $3,000,000)
Domestic bonds (I)
Domestic bonds (K)
So. dNo. Alabama — 1st mort., endorsed by Alabama
Sterling mortgage, guaranteed by L. & N
Southerti of Long Island— 1st mortgage (8. Side) ...
2d mortgage S. Side (Ist mortg. s. fund)
Mortgage bonds Southern of L. I
SoiithenCCenlral (.V. F.)— Ist mortgage
2d mort. gold (.$400,000 end. by tehigh V. RR.)
Southern, Iowa it Cedar Rapids— 1st mort., gold
Southern Minnesota 1st mortgage
2d mortgage
SouihcrnPacific (Cal.)— 1st mortgage, gold
Southern Pennaylranitir-lst mortgage, gold
Southwestern (On.)—Stock, guarant'd 7 per annum.
Company bondu, convertiblo Into stock at par
Muscogee RR, bonds, convertible at 87 "a
Springfield, Alhol it N. 2J.— 1st mortgage
Sterling Mountain (N. T.) Ist mortgage
Stockton it Copperopolis— 1st mort. (guar, by C. P.)
Syracuse, Binghamton it N. ¥. —Stock
2d mortgage
Syracuse Northern. 1st mortgage

Gross earnings iu

8

1

250 Ac,

23
80

Selma,

(

7

120,000
366,000
1,096,000
1,114,000
1,.
500,000
1,700,000

1870
1871

40

Jan.

l,8it<J,0()0

250 &0.

500
100 dtc.
500

June
Jimo

do

2,000,000

1,000
1,000

"so

J.

York, Co.'s Office,
do
de

do

D.
D.

N.Y.,N8tBkofCom'rco
M.&N. N. Y., O. Opdyke A Co
F. i
do
do
?«• J. <b A.
do
J
do
J. <ic J. N. Y., Third Nat. Bank,
7

2.50 <tc,

—

Rome d- Dallon — 1st mortgivge
2d mort., Alabama & Tonn. Ri?. RR..

M.

1862
1862
1862
1865
1864
1864

1,000

i'j. N.Y., Nat Bk of Com'roe
do
do
& S.

J.

7

3,2.50,000

1,000
1,000
1,000

1869
1853
1868
1869
1870

A
&
&

"i'

500 Ac, 21,000 p.m.

100

New

J.
J.
J.

1,000,000
1,020,000

i',6do

1872
1867
1867
1868

idi

Schuylkill Valley— Stoc^l
Seaboard <e Roanoke Stock
1 st mortgage
Selma <£ Out/— lat mort., guaranteed by Alabama.
Selma, Marion tH Memphis — 1st mort., end. by Ala..

(f.

0.()()0,000

220
140
121
121
116
116
101

C—

7

21 ,0(K),000

210

Paul <t Pacific— \ st mortgage bonds
Paul it Sioux
Pref. stock, (Dlv. on $475,000)
i*J\rew)aj'&— Reorganized

8,000,000

'6»^71

76
76
76
150
150

.

Ist mort.,

1865
1874

$2,.500,000
1 ,.')00,000

10

I

Common

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

210
420
»8
158
158

I

Sandusky, Mansfield

1870
1872
1870

100
72
300
582
354
354

—

St.
St.

Bonrf»— PrinciWhen Due.
Bloeks—UiMt
Dividend.

pal.

668.)
Somerset.—This road is leased to Maine Central.
Sotth Carolina.—QtosB earnings in IbTS, $1,^9,-

,1.
,r.

r.
.1.

J.

A
A
A
A
A
A

1872 to '76
Boston, Eliot Nat. Bank July l,'83to'93
New York.
.1.
1885
J. N. Y., Central Paciflc.
Jan., 1905
.1.

I>.

1).

J.

N.Y.,D. L.AW.RR.CO. June 15, 1876
do
do
June, 1887
N.Y.,rarmer8'L.A T.Co. July 1, 1901

302: operating expenses, $780,727; net earnings.
$418,574 (a decrease of $66,881 from 1874.) Annual
report in V. 2S, p. 398.

South dt North jl/aftoma.— This road is leased and
operated by the Louisville & Nashville, which guarantees the bonds. Preferred stock, $1,500,000.
Southern of Long Island.—Thii la successor of
South Side, and operated with Flushing N. Shore
Central under one management.
Tbero are also
$60,000 6 p. c. mortg. bonds on Rockaway Branch,

A

p. c. on Southern Hempstead Branch.
Southern Central. Forms an extension into New
State for Lehigh Valley, which company endorees $400,000 of second mortgage bonds.
progress. OttnmSouth Iowa dt Cedar Rapids.—
wa to Cedar Rapids, la.
Southern Minnesota. Sold and re-organixed. Land
grant Is about 1,790,000 acres. (V. 80, p. 68, 291, 571
V. 21, n. 78; V. 23, p. 62.)
Southern Pacific (Cat.)— Th\a road is In progress;
built by a Construction Co., and controlled by Cen-

and $64,300 7

—

York

k

—

tral Pacific parties.

The stock raid

in is $37,227,800.

In 1875-6, on 392 miles operated, the gross earnings
were $2,160,839 gold, ana net earnings, $l,(K0,5e».
gold. (V. 22, p. &1, 375; V. 3.3, p. 304.)
Southern Pennsylvania.— TXas is a mining and railroad company, re-organized in 1872 after forcdosure
under second mortgage. The road Is leased by the
Cumberland Valley.
Siouth w<slern (ysorg'ia.— Leased to Central Georgia.

Dividends 8 per cent a year to every 10 per cent on
Central Georgia stock, but 7 per year Is guaranteed.
Net earalngs.
Simnnneld. Alhol dk Northeastern

—

(V. 21, p. 690.)
1874-5, $37,408.
Sterling Mountain.— Vast of road and
$50i,4«8. Ket earnings 1872-3, $15,6TS.

eqnipmoit,

Stockton it Copwrij»i«.—Defaulted July. 1874.
and old bonds of $1,000,000 exchanged for present.
(V. 21, p. 159, 160, 316.)

Syracuse,

&

Bimhamton

ct

NeiD York.

—Operated by

W. Dividend in 1815, 4 per cent.
Del. L.
Si/racuse Northern.— Soii in foreclosure July, 1875,
under a 3d mortgage and bought for R. W.
Og. (V.

A

21, p. 160, 8*9.)

—

.
.

:

..
.

RAILROAD STOCKS AND BONDS.

zzvm
Subieribers

ivlll

eonfer a great faTor by etvlae Immediate notice ot any error dlscoTered in ttaeee Table*.

DESCRIPTION.

Miles

For explanation of column beading, &c., see notes
at

head of

tlie

first

pa^e of tables.

Date

Size, or

of

of

Par

20

Terre Haute <i Indianapolig—Swci
Ist mortgage
Bonds ot 1873 (for $1,600,000)
Texas <* Pacific— lat mort., gold, ooup.($8,000 p.m.)
2d mort., consol., gold, coup. ($17,000 p. m.)
Income and land mort., reg. (7,600,000 acres)
Texas ir««tern— (Narrow g.)— Ist M., 1. gr., gold
Toledo, Peoria d Ifar»aw—Stock
Ist preferred
2d pref eiTed
let mortgage (W. Div.)
1st mortgage (E. Dlv.)
2d mortgage ( W. DiT.) convertible
Consolidated mortgage (for $6,200,000)
1st mortgage (Burlington Div.)
Toledo, Tifiiii d East.— lat mortgage
Toledo, Wabash <t Western Stock
Preferred Btock (7 per cent yearly, cumulative)..
Ist mortgage (Toledo & Illinois)
Ist mortgage (Lake Erie, Wabash & St. Louis)
Ist mortgage (Great Western of 1859)
Ist mortgage (Quincy & Toledo)
Ist mortgage (Illinois & Southern Iowa)
2d mortgage (Toledo & Wabash)

80
73

.

2d mortgage (Wabash & Western)
2d mortgage (Great Westoru of 1859)
Equipment bonds (T. & W.)

Consol. mort., (on all except St. L. Div.) convert'e
2d consolidated mortgage, gold
let mortgage, (Decatur & East St. Louis)
Hannibal &. Naples— 1st mortgage

do

2d

do

Lafayette, Mimcle & Bloomington, 1st mortgage.
Troy <e Boston Stock
let mortgage, consolidated
Convertible bonds
Troy Union— lat mortgage, guaranteed, Troy City.

—

444
444
444
50
247
247
247

$4,125,000
1,200,000
1,988,150
800,000
1,000
800,000
l",000
1,428,000
6,556,000
1,000
5,032,000
1,000
10,000 p.m.
ioo
3,000,000
100
1,700,000
100
1,000,000
1,000
1,800,000
1,000
1,600,000
1,000
1,300,000
1,000
1,500,000
1,000
250,000
861,000
1,000
100 15,000,000
100
1,000,000
900,000
1,000
2,500.000
1,000
1,000
2,496,000
500,000
1,000
300,000
1,000
1,000,000
250 &c.
1,.500,000
100 cfec.
2,.'>00,000
1,000
600,000
100 &0.
2,610.000
1,000
2,.503,000
1,000
1,000
2,700,000
675,000
1,000
225,000
1,000
1,000
666,00OJ
100
1,609,000
1,384,000
1,000
650,000
500 &a
680,000
408,000
500 &c
100 36,745,000
27,236,112
1,000
27,236,512
1,000
14,157,000
7,500,000
1,600
£200
2,400,000
1,000
1,600,000
1,000
1,600,000
100 19,890,400
5,300,000
1,000
2,000,000
1,846,000
1,800,000
154,000
&0O,C00
670,340
1,700,000
866,000
5,000,000
450,000
1,000
100,000
1,000,000
1,000
100
1,770,720
200,000
907,000
1,500,000
1,000
3,000,000
3,000,000
500 &c.
1,500,000
500cfcc.
500,000
100 Ac.
3,000,000
100 &c.
1,500,000
500 &c,
1,500,000
100 Ac,
444,100
1,508,600
1,000
100
2,860,000
550,000
100 &o,
500
200,000
1,000
150,000

$50

1869
1873
1875
1875
1875
1876

lie's 1866
11031 1864
1161a 1866

227
10
24'

1870
1871
1872

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

1853
1853
1863
1865
1862
1858
1858
1859
1863
1867
1873
1869
1868
1870
1871

35

1874

"iie

—

s. fd.

do
do
consol. mort. (siuk'g fund after 1880)
do
K.J. KR. AT. Co., 2d loan (now 1st), plain...
do
do 3d loan due State of N. J.
Viah Central— lat mortgage, gold
Vtiea <l Black River— SiocK
1st mortgage bonds of July, 1868
Mortgage bonds, 2d issue
Vtiea, Ithaca

Elmira— lat mortgage,

it

1834-7

(£138,500),

36111

75
75
,

67

sterling.

TaUey (Fa.)
\ermont dt Oanado—Stock
Bonds, guaranteed by Vennont Central

"Vermont d itassachusetts—Stock
Ist mortgage (sinking fund $7,000 per year) .
Convertible bonds

—

«8, p. 180.)

Terre Haute

1867
1872

80
77
80

cfc

Texas <k Pacijle.-A fall account of the company
B given in the annual report in Chroniclk, V. 23,
p. aO«. Gross earnings, 1875-6, $1,564,644; operatiDg expenses, $891, 88'j; net cammgs, $672,742. (V.
20, p. 63; V. 21, p. 229, 324; V. 2J, p. 636, 607; V.
S3, p. 160, 206.279.)
Texas Western. This narrow-gauge road is in

—

(See

V.

S3, p. 119, 152.)

&

irarsaw. —Interest In default
1873.
Passed into receiver's hands
Febraaiy, 1874. Foreclosure suits commenced 1875.
(V. 21, p. ICO, 372, 505, 592, 614; V. 22, p. 159, 297; V.
S3, p. 266.)
Toledo, Peoria

December,

Toledo Tiffin db East.— Soli in foreclosure July.
J876. (V. 2.J, p. 63.)
Toled"; Wabash <t TF«<«m.— Operations for four
years compared as f oHows

Gross
earnings.

187&-6
JSra

Operating
expenses.

Net
eamincrs.
$714,450

$3,519,764
5,788,807
4,407,378
1,3.31,429
l,dl3,834
6,0118,978
4,366,144
5,736,666
3,776,828
1,939,838
IWl
'75, default was laade.
Mr. J. D. Co.t, the
Feb. 1,
President, was appointed receiver Feb. 28, 1875.
$4,2:34,114

m?

Sold under consolidated mortgage June
(V. 22, p. 88, 182,

in. r876.
305. 344, 375, 4J5, 643, 691;
160, 301, 353, 379.)
2011, 234.

3

1865
1869
1872

New

Tuckerton.— TTorQ.

Union PadJIa.

7

7

7
7
7

F.
J.

7
7
7

J.

313
7

7
2

A.

A New York,

D
O.
N

<fc

do
do
do
do

1,
1,

Feb.
Dec.

1870

1,
1,

May

2,
1,

June

April 1,

Not.
Aug.

N. Y., Office of Co.

do

A.

do

1905
1905

Jan. 1, 1915

Api-ill,

O

M.&N
F.
F.
F.

Co.'s office,

do
do
do
do

D.

A. &"o. Phila., Safe Deposit Co.

Q.-J.

&

New York and

Boston.

do

do

J.

1,
1,

1896
1894
1886
1910
1901
1902

1873

189»

M.'&'S.
A.
A.

M.

& O.
& O.
&N.

New York and

Boston. Moh. 1, 1894

do
dp
London, L. & S. Fr. Bk.
N. Y., Company's Office.
U.S. 'Treas. at maturity.
Phila. and N. Y. Offices.
Philadelphia, Office.
,

01.-3.

& S.
& O.
6g. M. & S.
M. & S.
F. & A

%'
7

%'

M.

"4'

&
&

1873, $7,759.

(V. 17, p. 588, 834; V.

V. 22, p. Ill, 645; V.23,

-.59.)

1896, '97. '98
Oct. 10,

1876

1, 1901
1, 1894
Moh. 1, 1894
Mch. 1, 1894
Feb. I, 1888
...ttai.

Mch.

Philadelphia.

A.

London.

1S80

A.

Philadelphia Office.
Princeton. N. J.
Philadelphia Office.
N. Y., B'k of Commerce.

Feb. 1, 1878
Jan, 1, 1889

J.

J.
J.
J.

188T
139G
1, 1895

April,

May

Oct.

Due 90 days after demand,
F.
F.

&"d.

& J.
A J.
& N.
J. & D.
7
M. & N.
8
J. & J.
7
M.&N.
8
2H A. & O.
J. & J.
6
J. & J.
7
J. & J.
7
8

7
7

do
London.
do

do

A.

& D.
M. & N.
F. & A.
A. & O.
3.
J.
%' 3. & D.
&
J. & J.
7
J. & J.
7
7g. J. & J.

6
6
6
7

1, 1910
Oct. 2, 1876
1896 to 1899

April

U.S. Treas., atmaturity.

8

7

03,
United New Jersey Railroad * Canal Companies.
Troy <t iJiston.— With leased roads forms a hne —'I lie t^amdcn & Amboy Railroad and branches.
from 'Froy, N. Y., to North Adams, Mass. In 1873 74 Delaware * Raritan Canal, and New.Tcrsev Railroad
gross earnings were $5.W,310; t^peratlng expenses, fonn the United Companies of New Jersey. They
$283.S79. There are a few of old Ist and 2d mort- were leased to Pennsylvania Railroad, Oct. 20, 1871,
gage bonds yet oatstanding.
at 10 per cent on stock and assumption of all liaV.

23, p. le,

M.

&
&
&
&
&
&

t'-

Union Pacific Central .BrancA.—This was formerly
tUe Atchison &, Pike's Peak road. Interest in default since November, 1873. Gross earnings 1874-75,

612;

A.

J.

—

21, p.

New York& Phlla<l'pbia
N. Y., Farm. L. & Tr.Co

6

23. p. 104, 112. 208, 330.)

V.

J.

N.York &Ix>ndon March
June
do
do

Phlla.,

•

Gross earnings in 1874 were $10,-

$113,519; e-tpcnsoa, 8123,183.

Boston. {Aug. 16, 1876

Aug. 1, 1890
& A.
do
do
Au?., 1888
do
do
& A.
M. & N. N. Y., MetropoUtau B'k. Nov.'l, 1890
Aug. 1, 1882
do
do
F. & A.
Nov. 1, 1878
do
do
M. & N.
7
do
Nov. 1, 1878
M. & N.
do
7
do
May 1, 1893
M. & N.
do
7
May, 1883
do
do
M.&N.
7
Feb., 1907
Q.—F.
N. Y., Office of Co.
7
Feb., 1893
Winslow, L. & Co.
F. & A.
?«• F. & A
Aug., 1889
N. Y., Office of Co.
Nov.l, 1888
do
M.&N.
do
7
July, 1890
do
do
J. & J.
7
Aug., 1901
do
do
7g. F. & A.
F. & A. Troy, Company's Office. Aug. 1, 187S
4
1894
J. & J. N. Y., Nat. B'k of Com.
7
1882
do
do
M. & 8.
7

7
7
7
7

The annual report gives no
p. 467.
Divifeneral balance sheet nor incc»me account.
euds at 6 per cent per year were begun in July,
an'l increased to 8 per cent October, 1875.
The
United States Attorney-General has a suit pending
for $1,010,056 against ihe company as 5 per cent of
its net earnings. (V. 21, p, M, 105, 243, 302, 378, 467,
636; V. 22, p,1ll, 182, 214, 257,400,413,472,545;

p.

&

Jan.,

21,

20, p. 8,314;

&

J.

m

V.

July.

7g.

530,880; net earnJogs, $5,907,565; gross earnings in
1W6 were $1I,(>M,8&, and net earnings $7,011,784.
The percentage of operating expenses to gross
earnings was 41"54 per cent in 18;5 and 44 '05 per
cent in 1874. Land sales In 1875, 111,049 acres at
Total sales to Jan. 1,
$3 66 per acre, or $404,462.
1876, 1,082,393 acres for #5,336,014.
Land notes and
contracts on hand, January 1, 1876, $3,012,501.
The suit to recover for Government transportation
was decided by the United States Supreme Court
in favor of this company, Nov, 29, 1875, including the important ruli^ng that interest on the Government loan is not payable till the principal is
1896-99.
Abstract of last report V. 22,
due
p. 2oT, and government report to June 30, 1675,

V.

A. Philadelphia

When Due.

Stocks— IjaeX,
Di\1dend.

&"j. N.Y.,Farmor8'L.& T.Co. Sept 15, 1876
July, 1879
A. & O.
do
do

6g. M.&'S.
6g. J. & D.

jersey Southern Kailroad

Net earnings

&

7

—A

%o Tuckerton, N. J.

F.

/J«n<f«—Princf
pal.

J.

Troy Union.
short road in Troy city. Bonds
tesued by city and guaranteed by several roads.

—

Indianapolis. Gross earnings,
1874-^, 81,011,570; expenses, $740,291; net earnings,
$291,275.

prosTcffll.

1866-8

do

Summit Branch. This is a coal road, and leases
Lykene Valley. Nel earnings in 18V5, $498,841.
Sunbury A JjiiDiston.—?,o\d. March, 3876. Leased
to Penn. RR. (V. 28, p. S6, 111, J34, 857, «97, 448;
V.

1868
1871
1872
1873

1871
1871
1866
1866

fermont Central— lat mortgage, consolidated ..
2d mortgage, consolidated
Equipment loans
Btanstead, 8. & Chambly bonds
Income and extension bonds (to pay float's debt)

do

1862
1868
1868
1870

73

Missisquoi Railroad bonds

INTEREST OR DIVIDENDS.
When Where Payable, and by
Payable
Whom.
Cent.

Ratei>er

"50

29 1871
Tuckerton— lat mortgage
1,038
Union Pacific— Btock
1,038 1866-9
iBt mortgage, gold, on road and equipment
(government subsidy)
2d
do
on road (2d on land), sinking fimd. 1,038 1874
do
3d
1867-9
Land grant bonds on 12,000,000 acres
1871
Omaha bridge bonds, sterling, £500,000
Vnion Pacific, Central Branch^lat mort., gold .... 100 1866
100 •66-7-8
2d mortgage (govemraeut subsidy)
Vnited N. J. EK. d Canal Companies Stock
General mortgage, coupon
1871
1871
United Co.'s mortgage, sinking fimd, registered.
1871
sterling loan mortgage, sinking fund
do
do
do
do
do
1871
do
dollar loan, mortgage
1871
do
bond to State of New Jersey
1871
do
Joint Co.'B mortgage, sterl'g,
plain bonds
do

Amount

Road. Bonds. Value. Outstanding

SummilBranch (Pa.)—Stock
Sunbury <£ Lewiston—lal mortgage, gold

do

[October 28, 1876»

M.

do

do
Salt

Nov. 1, 188»
Aug. 1, 1878
Overdue.
Jan. 1, 189»
June, 1876

Lake City.
Utica.

July, 1878
New York.
July, 1891
do
do
London, H.8. King & Co. Jan. 1, 1902
Baltimore.
Boston, E. Blake & Co. Jime 1, 1872
Boston,Nat.Bk.of Redm July 1. 1891

Utica and

Boston, Globe Nat. Bk.
Boston,Nat.Bk of Redm
do
do
do
do
do
do

do

do

Boston,

Office.

do
do
do

do
do
do

1, 1891
1, 1886
1891
1876 to 1889
Jan. 1, 1887
1902
Oct. 7, 1876

Jan.

Nov.

July
July
July

1,
1,
1,

188S
1879
1885

In 1874 the gross earnings were $10,081,488;
operating expenses, $7,096,449 net, $2,933,039, leaving a loss to lessees of $31,161 after paying interest and dividends. The loans doe In February and
April 1875, were paid off and bonds of 1B71 increased
by $2,300,000, issued in London.
bilities.

;

Utah Cenlral.—SsM Lake to Ogden. In 1872-3
net earnings were $206,358.
Utica * Black River. Gross receipts 1874-5
$508,397; expenses, $251,660; dividends disbursed,

—

$106,149.

207.)
.Kmtra.— The road was completed
The silking fund is $30,000 yearly

(V. 22, p.

Utica. Ithaca <6

November, 1873.
from 1878. (V. 21,

p. 16; V. J3, p. 16.)
Valley (Fa,).— This road was built chiefly by subscription of Bait.
Ohio RR., Baltimore city, and
Virginia counties. Operation of the road by Baltimore & Ohio was discontinued, and temporary lease
made to Shenandoah Valley Kailroad. (V. 30, p, 16,
453; V. 21, p. 396; V. 22, p. 463, 559, 591, 607.)

&

Vermont

A

Canada.—Vnia

lease

to

Vermo»t

Central, and proposed to be sold to same for$3,000.000 in 6 p. c. bonds; but still In litigation (V. 19, p.
40, 504; V. 20, p. 16, 141, 419, 445, 468, 492; V. 21, p.
442.)

Vermont Centra'.— \n 1872 the Company went to
default on interest, and has since been in numerous
new corporation under the name
complications.
of Central Vermont has been formed, with $3,0O0,O(X)
paid-up capital, and assumed obligations of the old
Foreclosure in progress on
Vermont Central.
2d mortgage. The plan for re-organization is given

A

in V. 33, p. 370.
(W. 20, p. 16, 141, 186. 314, 358, 492,,
547, 514, 616; V. 21. p. 38, 245, 418, 490; V. «!, p. HO,
539; V. S3, p. 40, 370.)

Vermont <t Massachusetts.— Tb\» road i« leased to
the Pitchburg RE. Co, for 999 years, commencing
Jan. 1, 1874; they pacing interest on the debt and 4
per cent on the stock for the first two years, 5 per
cent the next two years, and 6 per cent for the remainder of the lease, exclusive of ail taxes.

..
.
.

;

;

RAILROAD AND CANAL STOCKS AND BONDS.

October 28, 1876.]

Sabacrlbsra nrUl eoufsr a crest raror

bjr

DESCRIPTION.
For ejydaaatlon of ooliimn boadlHss, &o., see notes
at the head of first page of ti.blo8.
Tiektburg <t Merulian—\nt scries (red endorsed)
2d sorien (liliio eudorsod)
3d do (black (mdorsod)

sirlnc Immediate motlee of mnT error dleeovered In theae Taklea.
AmuI*—PrlneAINTEREST OR DIVIDENDS.
Date BUe, or
pal, WbeoDoe.
Amount
Par Outstanding Rate per When Where Payable, and by «<oeA;*-Laat
of
Payable
Whom.
Cent.
Bonds. Value.
Dividend.

140
140
140
140

4tli do (not endorsed)
BpeeJal loan, f iiiHliiif^ luortf^ago
V<»Zte«(Ar.r.)— iBtmor&age

VcUkiU

"3.5

TTarren (AT.J.J—Stock

18
18

2d mortgage
letoonsol. mortKage
Washinglon City, Va. Hid.

<t

Ql.

jTouMcm—Stock-

. -

RU
O. & A. RR
4tti mortgaso, O.
A. RR
Funded lutereut, O. & A. RR
Ist mortgage, O., A. & M. RR
MmortgaKC, O. & A.
IstaudHd luort^aKo,

18
310

<fe

1866 $500Ac.
1866
1,000
1866
1,000
1866 100 Ac.
1871 100 etc.
1871 500 Ac.
1855
100
1870
1875
1871
100
1855
1858
1860
l'867

Gen. mort., golil, Wash. U., Va. Mid. & Gt. Bouth'n
I<yuohburg ^ i)anville, 1st mort., guar., coup
"Wulchetter <(! P/iitoi/eipAto— Preferred stock
1st mortgage, new

336
"27

1871

of 1683, guaranteed by Camden <b Amboj'.
Ist mortgage loau
do
consolidated
1st
Weat Witcoiulw—Xat mort., gold, s. fd., 1. gr., oonv.
Ist mortgage, gold exteiuuou, coupon or regigt'd
Oonsol. boiidi?, gold
Tfettern ^t Atlantic (Oa)— Income Bonds
Western (Ato.)— Ist mortgage (Mont. & W. P.)
Western RK. bonds, before consolidation
2d mort^ guar, by Cent, of Ga. and Ga. RR. A. B. Co.
Veslern Marylaiul—lRt mort., endorsed Bait. City .
1st mortgage, imendorsed

"60

1861
1866
1869
1871
1872

1878

651s 1871

W«< J<r««y— Stock
Loan

.

do
do

2d

endorsed by Baltimore
endorsed by Washington County
2d preferred mortgage, uuendorsea
3d mortgage, guaranteed l)y Baltimore
do
for Baltimore City stock
4th
Westtrn North CaroUmi—lat mortgage (E. Dlv.)
Western Pennsylcania — 1st mortgage
Ist mortgage, Pittsburg Branch
General mortgage
WiUiamstoH <t Tarboro 1st mortgnr e
Wilmington, Columbia <£ Sugutta Ist mortgage.
Income Iwnds

2d

.

. .

. -

Heading— Ist mortgage
2d mortgage, coupou or registered
Wilmington dc WcUlon—Stock
SterUug bonds
do
do
Sinking f und b onds, gold
Wi»eo-n»i,n 0«n<rai— Ist mortgage, gold, land grant.

Wiltnington

Worcester

<t

<6

Ifaslma—Stoeli

Bonds ($125,000 are 7 per cent)
Bonds
Bonds
Nashua « Rochester— Stock
do
do
Istm., guar. (tor$700,000l
tt Belaieare—Stooli
1st mortgage (originally $2,800,(X)0)
di

BeUttoare

t£

100 ka.
50
500 <tc.
500 &c.
500 Ac.
500 4c.
1,000

1873

1,000

1866
1870
1858

1870
1870

600

64
64

1868
1870

1,000

1871

100

1873
1875
48
48

1874

« Krf»oH—Stoek

mortgage, registered
do
do
Debentures of 1878
Mortgage loan of 1894, eonp and reg
Jjthigh, Coal <t Navigation— BUxik
Ijoan, conv., coup., gold (assumed L. & W. Coal Co)
let mortgage, registered
Ist mortgage, regi«t<?red, raili*oad
Mort. loau, g. ($3,31O,O00a»8umedC.RR. of N.J.)

do
do

60
60
148
148
148
148

50
1856 Varlo's
25

and April.
V. 21,p. a07;V.

WaUkUi

1815, were passed.
:«, p. 62.)

Vaiiey.

— This road wae

(V. 20, p.

1,000

100
1867
1869
1871
1873
1874

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

153

50

31, p. 442;

V.

691

1875.

(V.

22, p. 42, 209.)

roads.

m

per

7

8-

"i'

7
4
6
6
7
7
10

8-

Q-J.

—

A.
A.

lifl

a-M.

%'

i!a

S«.)

\r«stehest«r Jk IVUladelpriia.—H^et earnings 18T4-5,
$188,667. (V. 22, p. 804)
West J«r»«!/.— Gross earnings, 1875, $659,707; expenses, $366,509; net, $293,28,. Net profit above
interest and rentals, $93,689. (V. 22, p. 23i.)

$4,473,451.

(V. 22, p.

eg.

Cost of old road and

207.)

Western NorIA C/roiina.— Soldin foreclosure, June
(V. 20, p. 314, 453; V. 21, p. 40.)
Western Pennsylvania.— The Pennsylvania RR.
lessee owns $972,650 stock out of the total amount
of $1,022,450. $148,000 of branch bonds, and all of
$1,800,000 general mortgage bonds; net earnings

206.)
Tarboro.— Uo»d In

(V. as, p.

Wiliiamston <k
recent flnancial Information.

WUmington Columbia

e6

operates the Wil.A Weldon.
'

J.
J.

do
do
do
do
do

progress.

No

jl«(7i/<<a.— Leases

and

In 1874-» net earnings
were$183,2?l,jncludinBproflton W.& W. Coupons
of De^., 1875, are anpald. tV. 22, p. 1 5.)

A
A

D.
D.

do
do
do
do
do

* J^OKfin^'.—This

Yntn^nglon

Sept. 2,

1876

1804
1884
1897
1807
1877
road was In proe-

ress, and defaulted on second mortgage after criiaa.
of 1673. Default on first mortgage was made April,
1875. Foreclosure pending. (V. 80, p. 356, i83, 8S8»
547; V. 21, p. M7, 692; \. 22. p. 182, 691; V. 23, p.
354.)

*

Wilmington
IFe&ton.— Leased December, 1872>
to Wilmington, Columbia
Angusta road at 7 per
cent on stock. Lessee assumes all liabilities. (V*
22, p.

A

16)

Wisconsin Central.
Defanlted July, 1875, and
funded 9 conpons. Has since bnilt 100 miles and
has 26 in progress, paid for out of bond sales since
default. (V. 80, p. 291, S71 ; V. 81, p. iM5, 324.)

—

WtMxester <fc Nashua. Net earnings 1874-6, $178,(Guarantee!* the stock and bonds of Nashua
Rochester, leased. (V. 21, p. 590; V. 22, p. M6.)

&

330.

CANAL.
Chesapeais

$.1,675,000; total

23, 1875, for $825,000.

1875, $188,059.

Philadelphia, Office,

8.

q,~3.

Q-F.

6

liabilities, $l,473,4.'>l.
Assets
appurtenances, $J,40l,3!>8; cost of new road,
$1,889,483;, sundry individual indebte<taes8, $2,816;
Union Railroad Company, $2,500; loss on sale of
second preferred l>onas, $4S.50O; construction and
equipment, $57,:26S; sini:itig fund second mortgage
city endorsed, $30,000; ba'ance 136,911— total assets,

annum.

Oct. '78 to '91

J.

8
8
6
6
6

5,381,963
2,000,000
4,692,500
762,779

funded debt.

Atlanta. Co.'s Office.

A J. New York A Savannab.
do
A O.
do
do
A O.
do
Oct. 1, 1890
Bait., N. Mechanics' B'k Jan. 1, 1890
A
do
A
do
Jan. 1, 1890
do
J. A J,
do
Jan., 1890
Hagerstown.
J. A J.
6
Jan., 1890
A J. Bait., Conapany's Oftioe. Jan., 1896
6
A J. Bait., N. Mechanics' B'k Jan., 1900
6
A J.
do
6
do
Jan., 1902
A J.
Jan. 1, 1890
8
A. A O.
Philadelphia, Office.
April 1, 1893
6
do
do
J. A J.
6
Jan. 1, 1896
i»
do
7
M.AN. New York, J. M. Plckrell May 1, 190O
8
J. A D. Bait., Safe Deposit Co.
June, 190O
7
"¥ A.AO. Phila., DeHaven A Bro. Oct., 190<>
A. A O,
do
do
Jan., 1902
7
June, 1876
3>a J. A D.
London,
J. A J.
1381
do
188S
7 g. M. A N.
J. A J, N. Y., Nat. B'k Republic
1896
l«Boston, Office.
July 1, 1901
7 g. J. A J.
Worcester, Office.
J. A J.
July 1, 187e.
2
do
do
1881 A 1887
6A7 Various
A. A O. Best., Globe Nat. Bank. April 1, 189a
7
do
F. A A
do
Feb. 1, 189S.
7
3
A.AO. Best., (jiobeNat. Bank. April 1, 189^
6
Philadelphia, Office,
J. A D.
3
June, 1873
do
do
J. A J,
July, 1886
6
Q-J. Bait., A. Brown A Sons.
iiib
"e'
London.
1800
5
qr-3J. A J. Bait., A. Brown A Sons.
1885
6
Philadelphia, Office.
F. A A,
Aug. 4, 18764
do
do
Jtdy 1, 1878
J. A J.
6
F. A A. N. Y., Bk. of Commerce, Aug. 1, 1876
4
do
M. AN.
do
1977
7
do
J. A J.
do
1884
7
do
do
J. A J.
1891
7
A. A O. N. Y., office, 71 B'way.
April, 1878
7
A. A O.
do
do
1894
7
8

(V. SO, p. 398, 405, 445.)

scriptions, $683,6;i2;

(Y. 22, p.

West Wiseonsin.—The company defaulted on Interest due Jan. 1. 1875, and funded nine conpons from
that date. The following is from the ofUcial statement; Since its organization the company has
jssuRd $4,000,000 gold first mortgage laud grant
bonds, of which |3.si. ,500 are oatstandlug; $61U,000
Southern extension bonds, of which $;l,0,OCO arc
held as collateral security by floating debt creditors;
$2,500,000 seven per cent gold consolidated bonds,
of which $1,471,000 are held as collateral to the floattag debt, like other debts of the company on Jan.

8

7'

Western jraryland.—Thi» company was largely asby the city of B.iltimorc, which has also
bought Its overdue ^^pons. The only bonds remaining In default for interest to their holders arc
the second preferred unendorsed. Annual report
for last fiscal year to September 30, 1875, shows
gross receipts, $293,718; expenses, $194,420; net
receipts, $99,298. The financial condition SeptemberSO, 1875, was as follows: Liabilities— Stock sub-

escrow only.
mortgage bonds, but are deposited
Interest is in default, and tlie president, Mr. John
S. Barbour, was appointed receiver in July, l!^6.
<V. 22, p. IS, SOI.)
Western <t Atlantic— TiAi road is owned by State
$300,000

0'

6A8

sisted

&

at

7
7

Wexlatt Alatiama.—SoM in foreclosure, April 19,
1875, and bought by Central Ga. and Georgia Rail-

Coopons on O. & A. :.*d, .Id and 4th mortgages are
The Ist and 3a mortgages placed together,
OTCPcltte.
were originally $400,000 let 6e, and $600,000 3d 8s,
some of whicb have been exchanged for general

and leased

Sia

;

6

of Georgia,

7

Earnings, 1874,
other items of debt, $1,826,141.
$884,920; operatingexpenses, $697,107; netoamlngs,
For fall particulars see V. 20, p. 77, 291,814;
$187,81*
V.2i,p. 396; V. 22, p. 521; V.23.p. 304, 330.

ifttrren {N. y.).— Leased to Delaware, I^ackawanna
Western at 7 per cent on stock and bonds. Net
eamingB in 1876, $211,056.
Washirigtan City, Virginia Midland <ft Great Soutli«rn.— Gross earmngs year ending Sept. 39, 1875,
$l,033j980; expenses, $671,367; net e.arnintts, $401,612.
The company has been assisted by Bait.
O.

Lessees have issued the Income bonds.

8

794,000

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

A J. Phlla Olrard Nat. Bli. Jan. 1, 189a
do
A J.
do
Jan. 1, 1890
A J. Phlla., Uirard Nat. Blc. Jan. 1, 1890
do
A O.
do
Jan. 1, laeo
do
A J.
do
1880
A O. N.Y., Bull's Head Bank.
1806
A. A O. N.Y., Del., L. A W. RR.
Oct., Ifl7ft
A. A O.
do
do
1900
M. A S.
do
do
1905
J. A J. Bait., B. Garrett A Sons Jan. 1 1875
M. AN.
do
do
May 1, 1873
M.* S.
do
do
Sept. 1, 1880
J. a" J. Bait., R. Garrett A Sons Moh. 1, 1882
do
M. A N.
do
Hay 1, lOOS
do
A. A O.
do
AprUl, 189«
Philadelphia, Office.
July 10, 1876
J. A J.
do
A. A O.
do
April 1, 1891
F. A A. Camden, N. J., Co's Office Sept. 1, 1874
H. A S.
do
do
Mch., 1883
3. A J.
do
do
Jan., 1896
do
A. A O.
do
Oct., 1890
J. A J. New York and London. Jan. 1, 1886
J. A J. New York, Office of Co.
190C
,

1, 1875, were as follows: Bills payable, $1,080,921.
There are collaterals belonging to the company held
for these, as follows: Southern extension bonds,
$«?0,000; consolidated bonde,$1 ,471,000 and 200 cars

foreclosed under

a second mortgage and Bold November,

400,000
900,306
700,500
1,880,800
1,997,872
8,229,594
2,000,000
4,375,000
1,699,500
1,633,350
800,000
20,000,000
1,500,000
3,500,000
5,000,000
393,000
5,000,000
10,248,550

50

1858

liOan

Vidaburg <ft Meridian.—'^et eamines year ending March 1, 187C, were $194,099. Coupone are paid
per cent cash, balance ecrip. Coupona of July,
5

1,000,000
1,400,000
800/KK)
1,000,000
1,200,000
350,000
3,200.000
600,000
1,250,000
1,560,100
1,456,200
648,700
221,400
749,000
4,618,500
1,789,800
350,000
290,000

500 Ac.

-.

1 at

1874,

Ac,

100 Ac,
100 Ac,
100

181
181

300
45

1,162,700
217,400
700,000
1,800,000
750,000
600,000
2,692,530
1,200,000
654,000
700,000
578,860
1,050,000
1,500,000
520,500
821,300
1,100,000
1,359,750
400,000
1,000,000
1.000,000
4,000,000
640,000
2,500,000
920,000
760,000
600,000
1,200,000
200,000

400,000
300,000
800,000
600,000
875,000

188

7
7
7
7

$717,500
S.'AOOO
145,000

1867

500 Ac.
100 Ac.

Oft to— Stock

Maryland loau, Hinking fund
Guaranteed sterling loau
Bonds having next preference
Selaxcare DipwioH— Stock
let mortgage

500 Ac.

1868
1870
1872
1870
1863
1865

14
14

Ohttaptake

Ohes(*pea/:e

38
63
172
32
204
138
116
44
160
90
90
90
90
90
90
90
115
57
28

"4

—

aiz

it

Delaware.— Deltvtate City

peake City, Md.

to

Chesa-

(V. 18, p. 682).

Chesapeake Jk Ohio.—Gtoaa receipts, 19?5, $473,218,
Paid on bonds, $2)3,940. (V. 81, p.
77.)
Delaware Div.— Leased to Leh'gh C. A N. Co., at

net, $251,175.

interest

on bonds, and 8 per cent a year on stock.

Del. db Hudson Canal.— This Co., which Is among
the largest miners and carriers of coal, leasee the Alb..
Sar. Railroads. Also endorsee
Susq. and Renss.
.^rmual rejiort for 1875,
bonds of N. Y. Canada

A

A

A

RR

V. 82, p. 489; V. 21, p. 101, 30S.
Lehigh Coal dt Navigation.— Qrots receipts In 1875
$1,819,065; expenses, int. and dividends, $1,914,276.
excess of the latter, S6.">.191. The Central R,R. of
N. J. assume (in purcltase of •quipment). $2,810,000
of the gold loan due 18!*7, leases the Lehigh
Sn»qnehanna Rail Road, and operates the Lehigh CanaL
The Ix-high Wilkos-Barrc Coal Co. assumes $600^000 of the gold loan due 1697. and J842.000 (all) of tbtt
convertible gold loan due 1831. and bas also leoMA
the coal lauds of the Company. (V.22, p. 27

A

A

d4

;

.

CANAL AND MISCELLANEOUS STOCKS AND BONDS.

300.

Sabsorlbera will confer a greA* niTor by Elv-lne Immediate notice

DESCRIPTION.

Miles

at the head

page of

of

1872
1871
1872

$1,000

1862

1,000

83
83
103
103
103
103

Preferred stock
(for $1,000,000)

Preferred stock scrip dividend
'Pennsylvania Stock
let mortgage, interest guaranteed by Peaa.
iSehuylkill Xaviqation—Btook, common
Preferred stock
1 St mortgage, extended

—

327
327
108

BB

50

1,004,300
103,000
1,025,000
1,175,000

100
100

m

1876
1865 various.
1869 various
50
1867
1,000
50
50

1870
1863
1864

1,000
1,000
1,000

45

50

1872
85

iniSCELI.ANEOVS.

Jidams Express Company— Btook

100
100
25
100
100

merican Ejcprtss—St«oi

Umcriean Coal
jitlantic

it

(Jfarj/fanrfl— Stock
Pacific Teleyi'apn^ Stock

£oston Water Power
Mortgage boudii (for $2,800,000)
Oaaiton Improvement Companu—Stook
Sterling bonds {sinking lund one-llfth of land sales)
Mortgage bonds, gold sixes (for $2,500,000).
Union RR., Ist mort., end. C. Co. (s. f., rents on 220,163)
do 2d mort., g., end., (s. f. ground rents on 1144,800)
Oonsolidation Coal of Marylayid—Stock
Ist mortgage (convertible)
Ist mortgage, consolidated, convertible
Cumberland Coal and Iron— Ist mortgage
do
2d mortgage
do
Ctimberlund Coal tG Iron Company —Stock
l>Hnleith <& Dubuifue Bridge— Bonos sinking fund
Illinois <e St. Louis Bridge— lat mortgage coupon s. fund..
2d mortgage, coupon
3d mortgage, coupon
4tb mortgage
6t. Ix)uis Tunnel RR. 1st mort)^ge' sterling, sink. fund.
do
2d mortgage
do
Mariposa Land t£ Mining Company —Stock

1874

12,000,000
18,000,000
1,500,000
4,000,000
1,740,000
1,107,500
584,000
661,000
900,000
598,000
10,250,000
412,000
363,000
137,000

25

£200

1873
1874

1,000

500 &c.
500 &e,
100

1864
1872
1852
1869

1,000
1,000

1868
1871
1871
1874
1875
1873
1875

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

Mortgage bond-i (for $500,000)
Maryland Coal—Stock

1875

1,000

Mercantile 7"r«»(— Real estate Ist mortgage bonds
Pacific Mail Sleamsh ip Company— Utoak
P.onds, coupon or registered (tor $2,000,000)
TcuHsylvan ia Coa/— Stock

1876

100
500 &c.
100

1876

1.000

—

498,000
500,000
480,000

l',0()0

100

£200
'ioo

100

Pref eri-ed stock

3,947,000
2,000,000
2,492,000
1,000,000
1,000,000
1,000,000
10,000,000
5,000,000

mortgage bonds

(»)

5,000,000
484,500
2,500,000
5,938,200
298,000

1861
'ido

100

Bonds, 2d scries

432,000
886,000
204,500
603,000
4,291,300

Jionds, 3cl series
.Bonds, 4th series
Bonds, sterling debenture, convertible

Bonds, debenture

Mining Company— Comvaon stock

Preferred stock
yd mortgage, gold
JBprina Mountain Coal

—Stock, guar'd 7 p.
Aiiled States Express—Stock
Company Express—Stock
Wells, Fargo

0.

100
100

byL. V. RB...

"bo
100
100
100
1,000
1,000

dt

.VRsctem Union Telegraph— Stock
BieaS estate bonds, gold, sinking fund
Bonds, coup, or reg., conv. till May. 1835, S' f 1 p. o
Sterling l)onds, coup, (sinking fund 1 per cent, per annum)
^inihexharre Coal Stock
.

—

Cbmpany.— Becelpts, Union

Navigation

Uonongahtla

»W5,

$196,576; expenses, 180,487; dlvidenda, $90,387
Aforri*. -Leased April, 18,0, to Lehigh Valley Rail-»o^d for 999 years. "The lessees assuming bonds and
«cnp, and paying 10 per cent per annum on preferred
-eteck, and 4 on consolidated stock. (Y. 12, p. 714).

—

Pennsylvania Canil. Worked in interest of Penn.
RR. which guarantees interest on bonds. An old
Gross receipts
istortgage of »90,000 Is due in 1887.
1875, t44l,639; payments, including iQtereat,|&c.,
Schuylkill yaviqatim. Cbrnpimy.— Leased from
i'lms 1, 1870, to Philadelphia & Reading for 999
:paar8v at annual rent of $665,000, including ^ertaiu
'.'mal and personal property conveyed to Philadelphia
&'Reading. (Last annual report in V. 88, p. 493.)

tfusguehanna

(j6

Tide

&

TTo^.— Leased and

operated

'tvyPhiladelpliia
Reading Railroad for interest
bonds and half of net earnings.

Union Oanal.—Stock,

on

t2,9O7,850.

in:iKoisi.i.,.\NEous.
Express Company.

—A

reference

«tit of Dinamore and others in V.
Amsriean Ooai.— The report for
receipts, $8^,916; net, $16,016,

AilaiUie

d

whom

4
&
&
&
&
&

(Philadelphia, OfBoe.

Pacific

V.

100

J.
J.

P.
F.

"7'

1875 showed gross
(V. 22, p. ISO.)

Paei/lt TelegraiA.—Ot this stock the

J.

M.

do
do

J.
Pittsburg, Office.
J N. Y., N. Bk. of Com'rco.
A. Leh. Val. EB. Co., PhUa
A.
do
do

&

J.

&

io's.

7
"6'g.

V-

Stocks— Ijaat
Dividend.

&

do

J,
S.

New York,

Office.

do
Office.

5,708,700
584,000
1,500,000
7,000,000
5,000,000
33,787,475
1,498,000
3,988,000
1,001,160
3,400,000

Oot.Vi886

1889

Feb.,

July,i910
Aug. 1, 1876
Aug. 1, 1876
March, 1897
1882 to 1907
1895
May, 1880
May, 1913
May, 191S
Jan.Vi'8851
Jan. 1, 1878
Jan.,
Jan.,

May

1894
1902
1883

1,

Aug. 1, 1876
July 3, 1876
Mar. 10, 1876
1872
Nov. 12, 1872
June, 1884

&"j. London, Brown, S. & Co Jan. I,'"l904
& J New Yoi^k or London. Jan. 1, 1904

& J.
&N
London.
1900
& S N.Y.,Co.'s Office, 71 B'y. March 15, 1876
21a
J. & 3
7
do
do
Jan., 1885
6.
3. & 3
do
do
Jan. 1, 1897
3. & J.
6
do
do
1879
F. & A.
6
do
do
Feb., 1879
A. & O.
6
New York Office.
Oct. 15, 1875
M. & N N. Y., by 111. Cent. RR.
8
Nov., 1893
A. & O. New Y'ork and London.
1900
l«- J. <t J.
do
do
July 1, 1901
7 g. M. & S.
do
do
Mar. 1, 1886
J. & J.
10
St. Louis.
9 g. J. & J. Lond.,J. S.Mor^an <& Co. Jan. i, "I888
10
J. & 3.
St. Louis.
M.

J.

&

J.

l"*

7

Various

3

7
5

7

M.
F.

^
Q-

8
8
8

M.
P.
F.

A.
A.

2&8H8
4

&

3.

r.

&
&
&

&
&

&

$2,500,000 mortgage $600,000 is reserved to pay sterling loan. The Company owns $594,000 stock of
of $600,000, and guarantees
its bonds.
(V. 20, p. 314, 546; V. 2i, p. 6 1 3.)
April, 1875, $298,-

694; liabilities, $165,009.

Conso'idation Cba'.— Annual report for 1875 in V.
p. 279, showing gross receipts, $2,648,178; expenses, $1,876,402; net, $771,776. Consol. mortgage
bonds arc held to retire old bond!>. Guarantees also
bonds of the Cumberland & Penn., and assumes
$135,000 Un. Mining Co. bonds. (V. 22, p. 279, 415,
22,

Illinois <t St. Louis Bridge.— Interest passed July,
1875
The Bridge and Tunnel Railroad are in hands
of Messrs. Morgan and Humphreys, trustees. (V
20, p. 544; V. 21, p. 349; V. 23, p 14.)

Mining Cb.— Assessments made

M.'(fe

M.
M.
M.

4
&
&

Jan. 1, 1886
Jan. 31, 1870
In 5 years.

Sept., 1869
March, 1886
Aug. 1, 1876
do
Aug. 1, 1881
do
New York. Office.
July 20, 1876
Y., FarmL. & T. Co. Aug. 15, 1876
do
do
May 15, 1381
do
do
Feb. 15, 1867
d'>
do
Aug. 15, 1893
do
do
April 1, 1885
do
do
Oct. 15, 1878

N. Y., Ill Broadway.

&

l>fl

—

New York.
New York and London.

Q-

6
2

Boston Water Power Cb.— Annnal report In V. 22,
of 25 per cent was voted
OT., 1875.
(V. SI, p. 511, 591; V. 23, p. 183.)
Canton Improvement Co.. The annual rs^rt for
year ending May 31, \B'.% is in V. 22, p. 613. Of the

Cary Improvement Co.— Atasta

J.
J.
J.

Boston, Office.
D. 1st coup, due Deo., 1875.

1882
June 1, 1911
1892
July, 1876
July 1, 1887
Aug. 4, 1876
Aug. 4, 1876

6g. M.

&494. A stock increase

<t

do
do

Q.-M. N. Y., Company's

2
3

Railroad holds $(,420,000. Annual
V. 2«, p. 488,

Mariposa Land

D.

A.&0

4

471; V. 88. p. 207.)

to the

19, p. 270.

D,

F. &. A.

2
5

p. 4a2.(V. 21, p. 63, 277;
23, p. 160.)

report V. 22,
667;

£100&c

J.
J.

6

Union Railroad Co. out

It 436,997.

Jdam8

1872
1875
1875

4

(»)

4,400,000
1,695,000
20,000,000

50

:produc^rs^ Consolidated Land t£ Petroleum—Stock
S^iUman Palace Oar—Stock

^iiiclcsilver

Payable, and by

10,-500,000

1,000

i

1st

When Where

Payable

236,965
Leh.Val.RE.Co.,PhUa
F. & A.
103,164
7
do
do
4,480,405
"j.
"e'
J. &
3,000,000
Philadelphia, Office.
949,748 3ec. In 80 P. & A,
Philadelphia, Office,
3,155,650 GOo. In sc F. & A.
do
do
Q.-M.
1,709,380
6
do
do
6
J. & J,
3,990,392
do
do
6
J. & 3.
1,148,000
do
do
M. &. N.
6
260,000
do
do
M. & N.
6
756,650
do
do
628,100
M. & N,
7
do
do
2,002,746
J. & J. Phila. and Baltimore.
1,000,000
"e"
J. & J.
1,320,000
6
do
do
325,310
6
J. & J.
do
do
250,000
7
J. & J.
do
do
M. & N.
3,000,000
6
Philadelphia, Office.

common bonds, 3d mort

prof., 3d. T. W. priority b'ds.
do
bonds of 1872
do
VtUoH—lat mortgage

6

7
7

744,000

,

jt

Cent.

l$41,5.50

1,000
1,000

Boat and car loan
Boat and car loan
umuehanna—8too\L
Jfaryland loan 2d mortgage
,6u«<iuehanna Canal,

Bate per

1,063,000

2d mortgage
Jdortgage bonils
Improvement bonds

*

Amount
Outstanding

ofanr error dlecorered In these Tablen.
Bond*— PrinolINTBBE8T OR DIVIDENDS.
pal. when Due.

'

MoHongahela Sacigation Oo.—Stock
1st mortgage
Vcrrt*—Stock, consolidated
mortgage
Boat loan

Par
Value.

Z^hiffh Coal ii Navigation Co.— ( Continued.)
I/oan extension, oouvertible tlU Ueoember, 1877
'CaneoUdatod mortguge loan
'Oreenwood mortgage, registered

New

or

Size,

Canal. Bonds

tables.

CANAL— Continued.

Date

of

^r explanation of oolumn headings, Ac, Bee notes
of llrst

[October 28, 1876.

N. Y., Company's Office.
N. Y., Company's Office.
New York, Office.
New York, Office.
New York, Office.
N. Y., Union Trust Co.
N. Y., Treasurer's Office
London, Morton, R. &C0
Philadelphia.

1879
10, 1876
15, 1878
July 15, 1876

June
Aug.

Oct. 16, 1.876

May, 1902
lay,

Mar
loh

1
1,

1900

on the shares from time to time in 1876, the last due
Oct. 9. (V. 22, p. 23S, 305, 888; V. 23, p. 112, 3»9.)
Pacific

Mail Steamship Co.—Change of manage1876.
Report of old Board, V. 22. p.

ment, May,

643.

(V. 21,

p.

40.

207, 231, 278, 324, 349, 39«

V. 22, p. 42, 257, 281, 305, 368, 513, 643, 591.)
Pennsylvania OooI.-THb company operates a railroad of 47 miles connecting its coal mines with
Branch of Erie Railway and Delaware & Hadaon
Canal at Hawley. Dividends in 1874 were 46 per cent
a year. Floating debt, $625,000.

Pullman Palace Car Company.—'Ref art In V. 23,
402; last year in V.21, p. 467.
Quicksilver Mining Company.— Kxm'OAX report for
187%, with balance sheet, &c.,
V. 2i, p. 303. Seo
V. 19, p. 584; V.ao, p. 141, 429, 538; V. 82, p. S33, 80S.

p.

m

Spring Mountain Coal Company.— Tha Is guaranteed 7 per year till 1885 by Lehigh Valley RR.
Uniteii Statts Expreai.—^evi stock of $1,0(»,000
Issued. (V. «, p. 159; V. 38, p. 87.)
Western Union Telegraph.—The company holds
$7,2W,736 of its own stock, making the total
In May, 1876, purchased control of
$41,073,410.
Southern & Atlantic Company, and leased It. (V.
21. p. 16, 369, 372, 569; V. 22, p. 13«, 175, 182, %T,
368, 568, 591 Y. 28, p. 68, 87, 101, 280, 330, 3 T8 ,)
;


Federal Reserve Bank of St. Louis, One Federal Reserve Bank Plaza, St. Louis, MO 63102