View original document

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

OK THE

COMMERCIAL AND FINANCIAL CHRONICLE.
PUBLISHED ON THE LAST, SATURDAY OF EACH MONTH
Furnished Gratis to
Cantered according to act of Congres*. In the year

NEW

1875.

Subcribcrs of the Chronicle.

all

by WM. B. DANA

OF THE
'

Cantmwial
The Supplement

Is

ntifo

^Financial Cjirnniclt.

issued on the last Saturday of each month, containing
and Cities, and of the Stocks

a complete exhibit of the Funded Debt of States
and Bonds of Railroad and other Companies.
It

is

furnished without extra charge to all regular subscribers of THE
is
single copies are sold at the office, as a sufficient supply

CHRONICLE; no

printed for subscribers only.
Transient advertisements are inserted at twenty-five cents per line; advertisements by the quarter, six months or year, at special rates.

INVESTMENTS
The demand

IS

OCTOBER.

for investments in October

was not

excessive.

The

currency to the interior for the purpose of moving crops
was large materially reducing the surplus of our banks and
advancing the rates for money and in addition to this, the
increased activity in speculative stocks had some effect in diverting attention from railroad bonds and other investment securities.
United States Government securities met with a steady inquiry
drain

of.

and their prices were well maintained, except so far as unsettled
by the fluctuations in gold particularly the declino which took
place nb-mt the 23d. A good part of the fresh supply of Governments coming on the market during the past few months has
come from banks which surrendered their circulation to realize
ihe profits to be made on the sale of their bonds deposited as
As it was a matter of much interest to know what
security.
classes of bonds were embraced in the $371,807,003 held at
Washington as security for bank circulation, we have procured
through the courtesy of the

IT.

S.

Comptroller of the Currency

a classification of all those bonds, as follows:
STATEMENT SHOWING THE AMOUNT AND KIND OF UNITED STATES REGISTERED
BONDS HELD BY TUB UNITED STATES TREASURER OS THE FInBT DAT OF
OCTOBER, Ift75. TO SECURE THE REDEMPTION OF THE CIRCULATING NOTES
OX* NATIONAL BANKS
:

Title of Loan.

Loan

of February 8 18 U (1881)

Authorizing Act.

Februarys

1861

Co.. In the office of the Librarian ot

YORK, OCTOBER

SUPPLEMENT

INVESTORS'

A

Rate of
In erect.
Per Cent.
6

Amount

80,

1875.

Congren. Waihlmton. P. C.I

STOCK AMD BOND TABLES.
NOTES.
These tables are expressly intended to be used in connection with the information concerning Investment matters, published from week to
in the CHRONICLE to which an index Is furnished in the remarks at the foot of the tables. Annual
reports are iu black-faced
A full description of U. 8. Government Securities Is published regularly in the CHRONICLE each month, as soon as the officialfigures.
"Debt State-

week

ment"

18 issue.

I

.

Stocks and Bonds are quoted weekly in the CHRONICLE.
(rive explanations of each column of the tables below :
Description. Railroads.leased to others will often be found under the lessee's name. The following abbreviations frequently occur, viz.: M. for
"
0r g C 8
' Sr- lor "tend grant," reg. for
8lukmg fun(
registered," coup, for "coupon," Br. for " Branch," guar. for "guaranteed,"
*?!',"
""'
Pi-ices of all

The following will

V

'

f!

-'"d

Date of Bonds. The date of issue on the face of the bond is referred to in this column.
Miles of Road. Opposite Stocks, this means the miles of road operated, on which the earnings are
based; opposite bonds the miles covered
by the mortgage.
Size or Par Value. These figures are dollars, showing the denominations or
value. The figures " 10O &c " signify $100 and larger
par
Kale Per CHt.-Tho interest per annum is given for'bonds, but the per cent of last dividend for stocks a meant
stock or scrip.
gold x,' extra
When Payable.-!. & J. stands for Jan. A July F. & A., Feb. & Aug.; M. & S., March & Sept.; A. & O. April & Oct.;
M. & N., May & Nov.; J. &
D. June A Dec.; Q. J., quarterly from January Q. F., quarterly from Feb.; Q. M., quarterly from March
Oonds.prinetyal when due; Stocks, last dividend. The date in this column shows the period when the principal falls due of hands, but the time
when the last dividend was paid on stocks.
;

;

;

,

;

(

;

STATE SECURITIES
Subscriber* will confer a great faror by giving Immediate notice at any error discovered In tueve Table*.

DESCRIPTION.

STATE SECURITIES.

October 30, 1875.]
Subcrlbcr will confer m great
DESCRIPTION.

r.ivor l>y

giving Immediate notlee at any error discovered la

i

ii. .,

i

.,

t,!. ..

STATE SECURITIES.

[October 30, 1875.

Subscriber* will confer a (treat favor by giving Immediate notice of any error (Uncovered In these Tables.

DESCRIPTION.

STATE SECURITIES.

October 30, 1875.]
Subscriber* will confer a great laror

DESCRIPTION.

l>y

T1J
a*

giving Immediate notice ol any error discovered In three Table*.

CITY SECURITIES.

Vlll

[October 30, 1875.

Subscriber* will confer a great favor by giving Immediate notice of imy error (Uncovered In

DESCRIPTION.

Date of

Size or

Amount

par

outstanding.

Bond*.

For explanations see notes ou tlrst page of tables
Albany, N.

Albany

Railroad loan

men.

.

Purchase Congress Hall Block
City Improvement

Washington Park

Bonds loaned to Albany & Snsqnehauna RR.
Augusta. (.'.Bonds for various purposes
Baltimore
Consolidated loan of 1800
Water loan
Consolidated bounty loan
Exempt bounty loan
Public parks (Druid Hill)
Park improvement loan
Five million loan to Baltimore A Ohio RR
One million loan to Pittsburgh A Cineiu'tl RR
New City Hall
.

do
do

1854
1864
1860
1870

$1,000

do
do

Consolidated loan
Court house loan
Funding loan

1871
1851 A '52
1874
1865

l.OOO.OOO

Various.

250 Ac.

1,751,000

Various.

100
10O
1OO
100
1OO
100
1OO
1OO
1OO
100
100
100
1OO
10O
100
100
100

7,212,046
5,OOO,OOO
2,211,008
410,353
555,566
185,723
5,000,000
l.OOO.OOO
l.OOO.OOO
1,OOO,OOO
292,000
.
891,646
137,414
800,000
1,740,000
1,000,000
371,000
1,015,300
200,000
500,000
1,375,000
117,000

1854
1863
1865
1860
1863
1853
1853
1868
1870
1874
1864

1870
1874
1872

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

.1872

Endorsements for York & Cumberland RR.
do
do Western Maryland RR
do
do Union Railroad

1873
1872
.

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

Ac.
Ac.
Ac.
Ae.
Ac.
Ac.
Ac.
Ac.
Ac.
Ac.
Ac.
Ac.
Ac.
Ae.
Ac.
Ac.
Ac.

100 Ao.

.

Bangor, Me.
City debt proper
Municipal loan

.

& Piscataquis Railroad

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

1853
1852 to '64 1,000
1864 to '75 l.OOO
lOOAc
1873
Consolidated street improvem't, sterling loan.
100Ac
1869
1860 to '64 1,000
Roxbury debt, assumed
Dorchester debt, assumed
1861 to '69 Various.
Charlestown debt, assumed
1857 to '73 5OO Ac.
1862 to '73 l.OOO
Mystic water debt, assumed
1866 to '73 Various.
Brighton debt, assumed
West Roxbury debt, assumed
Various.
Water loan, new main, Brookllne Reservoir.
1858
l.OOO
do
Chestnut Hill reservoir
1865 to '71
1,000
do
renewal of loan due '70-71, all reg.
1871
do
do
'72-73
100 Ac
1872
Water works, Roxbury, coupon.,
1868 to '70 1,000
do
1871 to '75 1,000
Roxbury & Dorchester
do
1871
Dorchester, all registered
W. Roxbury & Brighton, all reg
do
1875
Additional supply water
1872 to '73 1,OOO
Vu rious purposes, for water works
1871 to '74 1,000
Water loan bonds, gold, coupon or reg
1875
1,000
Brooklyn
Debt of Williamsburgh, local improvement.. 1859 to '61 1,000
1861
Brooklyn local improvement loan
1,OOO
Mount Prospect Square loan.
1857
1,000
Soldiers' aid fund loan.
1865
l.OOO
National Guard and Volunteer Firemen's loan
1864
1,000
Third street improvement loan, local
1867
J,OOO
Gowanus canal improvement loan, local
1866
1,000
Bushwick avenue
do
do
do
1865
1,000
do
do
1 8<i
South Seventh street do
1,000
do
do
Union street
do
1867
1,000
do
do
Fourth avenue
do
1862
1,000
do
do
do
do
1867
1,000
Wallabout Bay
do
do
1867
1,000
Bedford avenue
do
do
local
1867
1,000
Kent avenue basin do
do
1869
1,000
New York Bridge loan, registered and coupon
1870
1,000
1860 to '73 1,000
Prospect Park loan, registered and coupon
do
do
r
1860 to '72 1,000
1872
Deficiency bonds
1,000
Permanent water loan
1857 to '73 1,000
do
do
1872
1,000

Due.

tion of property in 1HI4 by State authorities was:
Real estate, $13,'61.2>3; personal, $6,508. 10:; total,
Estimated true value of real estate,
$49.669,304.

$ 102,164,770.

The Augusta

debt as increasing 1500,000

C'htvnicle reports the total
in fllteen months.

Baltimore. The fiscal year of Baltimore ends
with Oct. 81. The city credit has been loaned extensively to railroads, in exchange for their securities, which it holds to a large nominal amount. The
Ohio Railroad $5,000,000
sinking fund for Bait.
loan is $l,S49,Oi'>3; West Maryland Knihoad sinking
fund, $H06U1; and the total of the several o;hcr
r
Ohio RR.
sinking funds, $. >,MH,5i ti. The Bait.
pays interest on $5,000,00.1 loan; Water loan is paid
of
water
and
income
Public
Park
works,
by
by City
Passenger Railway, and out of a total debt of
$S2,095,725 only $7,535,301 is dependent on the tax
The assessed value of property in 18T5 is
levy.
(38*1, 242,513; tax rate, 187.i, $1 80 on thctlOOforcity
purposes, and .20& for State.
Population in 1870
was 267,354, against 212,4:8 in 1800.

A

A

Bangor, Afe. The valuation of real and personal
property is t'0,510,6'11; rai.e of taxation, 2.90 per
cent. The loans to European A North American
Railroad and to Bangor & Piscataquls Railroad arc
secured by first mortgages on those roads.

The population

of Boston in 1870

Income

was $558,769,500, and personal, $234,998,400; upon
which the rate of taxation is $13 70 per $1 ,000 $12 66

Baltimore. Register's Office.

do

do

do

do

July

May
Sept,
Sept.
Kept.

Jan.
Jan.
Jan.

1, 1800
1, 1875
1. I-" 9.'!
1, 1893
1, 1890
1, 1895
1. 1-<90

1,
1,

July

1886
1884

April 15, 1900

March

7, 1902
1885

At will.
July

1,

19OO

Feb. 1,1894
Jan. 1, 1902
April 9, 1900
Oct. 31,

March

8,

1886
1892

RR.

Jan. 1, 1877
Knlto.,N. Mechanics' Bank. Jan. 1, '90 A 1900
Jan. 1, 1895
Baltimore, Franklin Bank.l
Balto., North. Central

Various Boston, Merchants' N. B'k.
A J.!
Boston or Banger.

J.
J.
J.

A.

A
A
A

J. 'Boston, Merch'ts'
(1
J.
do
O.I

Nat. B'k.

do
do

London, Baring Brothers.
Boston.

do
London, Baring Brothers.
do
Boston.

487,750
132.5OO

do
do

1,247,805
1.280.OOO

do
do
do
do
do
do
London, Baring Brothers.

405,640
495,000
394 .OOO
2,376,000
6*8,000
1,949,711

Boston.

700,000
465.OOO
375,OOO
210,000
6OO.OOO
366,000

do
do
do
do
do
do

1,000,000

138,000
213.0OO
90,000
552,000
27,000
302,000
283,000
249,000
298,000
326,000
2OO.OOO
250,000
589,000
278,000
427,000
4,000,000
8,016,000

A
A
A

Brooklyn,
do
do
So

J.
J.
J.

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

j

,

A

will

1874-5.

$12,18'<,805
3,861,425

$13,645,143
3,728,850

$9,324,380
279,731

$10.916.293

$9,604,111

$tl,213,-.82

J.

802,12000

1874
$11,243,782 00
80 J, 120 00

$10,406,231 00

$13,045,002 00

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

July, 1K7K
1874 to 'S7

1875 to '9.->
April, 1M9I!
July, 1899
1874 to '85
1875 to '82
1876 to '93
1875 to '94
1875 to '83
1 875 to '92
Oct., 1878
1870 to '99
April, 1901
Oct., 11I02
1880 to '99
1901 to 1905
Jan., 1901
Jan. A April, 1905
1902 to 1904
1901 to 1904
Oct., 1905

1879 to '81
1891
1887
1885 to '94
1880 to '81
1881

1875 to '90
1875 to '9O
1875 to '90
1877 to '86
1866 to '95
1875 to '95
1868 to '90
1877
1879
1901 to '24
1915 to '24
1915 to '24
1881 to 1902

During the last forty years, with a single exception, the taxable valuation has shown an annual
increase.
Assuming the valuation of 1H75 at
$800,000,000, and supposing great economy, the rate
of taxation will be less than $14 per *!,ono, a
material reductii n from the rate ($15 60 per $l,iOO>
levied last year. (It was afterwards fixed at $13 70.)
of debt is from the
Broollyn. The statement
Comptroller's report, dated Sept 1, 18".5, which
follows:
debt
as
whole
made the
city
Permanent loans
$26,063,000
Loans chargeable on specified property
benefitted
1P,685,5'0

Tax

certificates

Total
Less sinking fund

Net debt

The Mayor,

$38,607,500
3,462, 36
,

$35,144,764
in his message, January, 1875, stated

that ihe debt chargeable on laxat on increased
in 18T4 only $525, lift, against J2.420.516 in 1873.

ulation

in

Valuation

following result:
1875.

Bank.

Baltimore, Register's Office.

583,205

$9,804,111 00

1876 to '89

Balto., N. Mechanics'

Placing the tax to be paid to the State at the same
as last year, the estimated tax warrants exhibit the
City and County
State

Nov., 1895

Augusta.

$1,5'.I1,4I1

Per centage.

Feb.,

Nov., 1910, 11,'12
March, 1876 to '94
Feb., 1876 to '81

Q.-J. Balto., Farm. A Plan. Bank.
M. A N. Balto., N. Mechanics' Bank.
M. A 8.
do
do
do
IM. A s.
do
do
do
do
do
Balto., Farm. A Plan. Bank.
Balto., N. Mechanics' Bank.
Balto., Farm. A Plan. Bank.
do
do
do
do
do
do
Balto., N. Mechanics' Bank.
Balto.. Farm. A Plan. Bank.

1875-6.

was

Valuation of real
2,497, against 177,846 in I860.
property in 1875. including the recent annexations,
S.

Various

be largely reduced from lust
The following is a comparison of the approyear.
priations asked for and income to be received, compared with the estimates for l'fi'4-5'
Appropriations

1879

1885 to '94
March, '95 to 19OO

York.
do
do
do
do
do

of this for city and tl 01 for State purposes. Tho
total debt, both funded and unfunded, at the close of
the last fiscal year, April 30, 1875, wasf43.512.8il. and
thesi liking funds, bonds, mortgages, Ac., $16 218,40*
The sinking fund provisions are .sufficient to meet
the debt as itmatures.In March. 1875, Mr. Turner,
city auditor, gave his estimates for the revenue icquired for the coming financial year 1875-76. commencing May 1, 875, and terminating April 30, 1876.
This estimate is based on an assumption of strictest
economy in all departments. He says: It is a source
of congratulation that in meeting the actual wants
of the municipality and avoiding the borrowing cf
money for other than for the additional supply of
water, extension of the water works, and extensive
and cos'ly street improvements, the tax. per each

thousand dollars

.May,

June, 1880 to '84

4,44(i,3OO

1,217,000
319,000
10,570,000
50.OOO

York.

do
Boston, Merchant*' Bank.

New

17,617,925
4,997,603
3,585,389

. .

Albany. There are sinking funds for municipal
bonds and for water stock. The loan to Albany &
Sueqneh. is secured by Istmort. Theiissessed valua-

New

220,000
100,000
350.OOO
l.OOO.OOO
814,000

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

Boston.

When

Principal

Wliom.

Pay'blc

$249,000
46,000
151,000
348,000
454,000
244.0OO
50O.OOO
400,000

1,000
1,000
1,000
1.000
1.000
1,000
1,000
1,000

1870,1,2,4

City improvement
Water stock
Additional supply

Auffitftta.

Table*.

Y.

& Northern

Relief of dra.fted

Baiigor
Boston

Rate.

Value.

tliene

INTEREST.
When
Where PaPayable and by

Pop187*, and $3,590,5*1 in 1S71.
in 18tO.
1S70, 396,400, against SOli,Wl
of
prop rty in King's County in

in

1874 by the State Board of Equalisation. $17-9,085370 for real estate, and .personal, $1H,75.98<';
i-f
real
c.-latc
they estimated the true value,
The Board of Supervisors
to be
4M.898,7I.
value the total taxable property of Brooklyn
r
in 1815 at $245, KB, 7X5. or about 115 per cent o true
The. debt of Kings County, separate from
value
of
whieh
the
is
$3,923,0<iO,
the debt of Brooklyn,
city is responsible for about *3,726.IOO. Average
46
in
52
$3
*100,
against
tax rate in 1874, $3
per
1873.

(V. 19, p. 142. 6'.2; V. 20, p. 520.)

CITY SEOUBITIES.

October 30, 1875.]
Subscriber* will confer
DESCRIPTION.

(treat

fiTor by giving Immediate notice of any error dUrovrr.

<!

In tliee Table*

CITY

SECURITIES.

[October 30, 1875.

Sub.crlber* will confer a great favor by giving Immediate notice of any error discovered
DESCRIPTION.

In tliee Table*.

October 30, 1875.]
annnrrlbem will confer
DESCRIPTION.

CITY SECURITIES.
great favor by firing Immediate notice of any error discovered In theie Table*.

CITY SECURITIES.

[October 30, 1875.

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

DESCRIPTION.

Date of
Bonds.

par
Value.

for explanations see notes on first page of tables.

outstanding.

.

Portland, Me.
Loan to Atlantic

& St.

Lawrence Railroad Co.
do
do

1868
1,000
1869
1,000
1870
1,000
1867 to '60 5OO&0.
1872
1867 to '68 l',OOO
1872
1852
500 &0.

do
do
do
do
do Portland & Rochester Railroad
do
do
do
do Building Loan Commissioners
do Portland & Ogdensburg
?
Municipal proper
lu aid Atlantic & St. Lawrence Railroad Co J
Providence, It. J.
Loan to Hartford, Providence & Fishkill
Bonds for public improvements

\

RR.
1855
1863
1872
1874
1875

Recruiting and bounty bonds
Water loan bonds, gold, coupon and reg
do
do
do

City Hall & sewer loan b'ds, sterling, cp. or reg
Jloehester, N. Y.

To Oeuesee Valley Railroad
To Rochester & State Line and

R. N.

&

1000&0.
1000 ifco.
lOOO&c.
lOOO&c.
lOOO&e;
100
1,000

P.

RR.

For various city improvements
Water works loan
San t'rancww
Bonds of 1858, coupon (gold)
San Francisco & St. Jose RR., coupon (gold)
Judgment bonds, coupon (gold)
Central Pacific Railroad, coupon (gold)
do
do
Western Pacific Railroad,
do
do
School bonds,
do
do
Judgment bonds,
School bonds
Park Improvement bonds
Hospital bonds
House of Correction bonds

J

lOOO&c.
Various
lOOO&c.

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

. .

Xamniiali, Oa.
Subscription to Muscogee Railroad
Construction of water works

1851
1853
1853
1853
1866
1869
1870
1870
1872
1873

500 &o.

1860 to '69
500
1869
500
1858 to '69 100 &c
500
1871

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

1846 to '71 Various
floating debt bonds
Real estate, buildings and general purposes.. 1840 to '68 Various
1851 to 60VVarious
Street improvement oonds
1856 to '38 Various
Water work bonds (old)
1868
1,000
Tower Grove Park bonds (gold)
1855
to '69
1,000
Sewer bonds
1852 to '68 Various
Harbor and wharf bonds
to
1867
l.OOO
'JO
New water work bonds (gold)
1872
do
1,000
do
do
1871 to '73 1,000
Renewal and sewer bonds (gold)
1873
1,000
Renewal purposes, gold or sterling
1875
1,000
Renewal and improvement bonds, gold
1874
1,OOO
Renewal, &c., bonds, gold or sterling, coupon.
1872
500
Bridge approach bonds (gold)
Si. Louis County
1867
to
'71
1,000
Renewal bonds, coupon
1853 to '55 l.OOO
Bonds to railroads, coupon
1867
1,000
Insane Asylum
1868
1,000
County Jail
1872
1,000
General purposes, gold
1873
to
'75
1,000
Renewal, gold
1875
1,000
Park bonds, coupon, gold
1875
1,000
bonds
County
St. Paul, Minn.
Various
Revenue bonds
Various
Preferred bonds
Various
bonds
8 per cent
1868
500 &e.

2,010,000
i/.: 60,000
166,000
337,000
346,000
914,000
1,219,000
3,950,000
1,250,000
680,000
1,074,OOO
657,000
2,072,000
461,OOO

For floating indebtedness
St.

Joseph, Mo.

Bonds

to St.

Missouri Valley Railroad

do

Bonds

Joseph & Denver City RR., 1869.

for various purposes

Bridge bonds

1,000

500
1,000
1,000

5

'

-

j

- -

&

Lake Superior

St.

Paul

i

Mississippi Railroad

& Chicago Railroad

1,000

was

$13,Pittsburgh. The total debt Feb. 1, 1875,
including water loan and bonds, chargeable
: Real
in
1874
valuation
Casa
assessments.
on ioca'l
property, *170,4r. M3: personal, only $2,38-(.2 6,
ccordin" to Comptroller's report. Sinking funds,

SB 819

about 140,000,
$55t,-JIW. Population
Portland, Me. The pinking fund March 31. 1875,
r
is protected by mortgages
The
469.
city
was * >on
on At & St. Louis, and on Portland & Roches7 143 share* of Portland &
holds
and
ter Railroads,
Odeusbnrgh stock. Assessed va ue of real estate

J.

&
&
&
&

m'nthly
A.

6&

7

Providence, R.

dence

works

has

Population in 1870,31,413,

/.The

been

The

was

&

French,

do
do

do
do
Boston, Columbian Bank.

Boston and Portland,

Various N. Y., Nat. B'k Commerce
& N.
do
do
Various St. Joseph and New York
J. & J. N. Y., Nat. B'k Commerce

M.

7

10 & 6
10
6
6
6
6

Various N. Y., Nat.
Various
do
Various
do
Various
do
F.

i*
6

&

g.

Now York and

6g. A. & O. N.
6g. Various

gg.

J.

tl-

A.

eg. M.

<fcN

M.
M.

gg.
g.

J.
J.

6g.

550.000
S-

500,00(1

7
7

6OO.OOO
450.000

6

2,3OO,OOO

500,000
I

i

.

1

12

J.

M.
I.

&7

St. Louis.

Y., Nat.

do

N. Y., Nat. Bk. Commerce,

do
do
do
do
do
do
do

do
do
do
do
do
do
do

M. & N.I St. Paul and New York.
M. & N.I
do
do
Various N. Y., P. M. Myers & Co.
.

7
8

6
6

do
do
do
do
do
do

B'k Commerce.
do
N.
New York or London.
N.
do
do
.
J.
do
do
D. N. Y., Nat. B'k Commerce.

&
&
&
&
& J
& J
& J
& 8.
& D
& J
& O

B
6
6

Bank Republic

do
do
do

A.

Various
Various
J. & D.

6

,J.
!

J.

&
&

in 1885, $378.563; sinking fund-) of 1898, $137,541;
H. P.
F. Railroad bonds heid. $500,000. Population in 1310, 6H.90), against 49,129 in 1660.

&

Rochester. The bonds of G. V. RR. loan reissue
OO^1 , are provided for by net receipts from a
lease of said road to Erie RR. Co. after paying the
interest out of said receipts. Valuation of property
about $62,000,000. Rate of tax, $1 31.

$178

Savannah, Ga. To provide for floating debt and
maturing liabilities in 18~3 and 1874 *40 1, 000 bonds
were issued and sold in.Savannah, realiz.ng $311,730,

i

Tax

Boston, Foote

1893 to '98
1875 to 191 2
1913
1883 to '85
Nov., 1886
Nov., 1887
Nov., 1888
July, 1887
July 1, 1897
June, 1877

1907
1875 to '91

<fc

$-;,043,8'.H>.
of fiscal year September 30, 1874,
Trip assessed valuation of all property In 187S was
in 1874. Rate of t'ix,
$123,i)82.*00
100
024
against
ilia
fund for bonds due
$14 50 per $1,000. The sinking

S5 per $1,'00.
against 26,341 hi 186J.
rate

$.M5,71J.

J.

5

principal debt of Provicreated since 1872 for water
floating debt (city notes) at close

In 1878

$I7,-?5,3)0; personal,

Pittsburg.

b. Bost., Blackstoue Nat. B'k.

&6

San Franciscn. Population by the U. S. cenus
of 1870 was 149.483, against 56,802 :n 1860.
Real
estate in the fiscal year ending June 30. 18~5, w&
assessed at $l6.',4t>6,177; personal property at $101,763.S67; sinking funds raised annually amount to
Tax rnte. $1 'i5 per $101 for citv and
$-4.5KO.
Total,
county, and .fit 9 1'* for State purposes.
i.'jD 9- 10.
All the values for San Francisco are given
in gold.

was

N.
N.
N.

Due.

"

1,490,000
100,000

315,968
141,564
255,625
200,000
100,000

O.

When

Principal

& O.
do
do
April, 1877
6
& J.
Providence.
Jan., 1876
6
& 8.
do
Sept., 1885
5
& J.
do
Jan., 1893
& J. Boston, Prov. and London.
5&6g.
Jan., 190O
& J. N. Y., N. City Bank, & Prov.
g
Jan., 19OO
5 g& J. Loudou, Morton,
Rose
Co
July 1, 1895
7
J. & J. N. Y., Metropolitan N. Bk,
1876 to 1903
7
F. & A. New York and Rochester.
1893
6
Various
do
do
1876 to 1902
7
J. & J.
N. Y., Union Trust Co.
1903
J. & J.
San Francisco,
Jan. 1, 1888
Various
do
1877 to '78
A. & O.
do
Oct. 1, 1883
J. & J.
do
July 1, 1894
M. & N.
do
Mayl, 1895
A. & O.
do
April 1,1881
A. & O.
do
Oct. 1, 1887
J. & D.
do
June 1,1882 to '90
J. & J.
do
1897 & 1904
M. & N.
do
Nov. 1, 1891
J. & J.
do
July 1, 1891
J. & D. New York and Savannah,
June, 1876
F. & A.
do
do
Feb., 1878
M. & N.
do
do
Nov., 1883
J. & D.
do
do
Dec., 1888
J. & J.
do
do
Feb., 1886
M. & N.
do
do
Nov., 1879
J. & J.
do
do
June, 1890
M. & N.
do
do
Nov., 1900
J. & J.
do
Jan. 1 1902
do
J. & J.
do
do
July 1 1903

St Louit

Renewal and

M.
M.
M.

J. '&

178,000
750,000
1,065,000
3,000,000

500
500
5OO
500 &c.
100 <fec.

&

Various Pittsburg, Phila. & N. Y.
& J. New York, B'k of America.
Various
Philadelphia.

6
6
6

2,000,000
2,000,000
1,400,000

548,000
108,500
484,500
377,000
250,000
197,000
246,000
385,000
475,000
210,000
150,000

'Cable*.

Whom.

J.

6

500,000
600,000
300,000

500 &e.
500 ifcc.
5OO&0.
5OO&C.
500 &c.
500 &e.
500 &o.
500 &c.
500 &c.
500 &c.

A.

&7
&5
7

246,000
233,000
308,000
7OO.OOO
450,000
592.OOO
1,100,000
2,174,300
375,500

99,000
198,000
64,500
937,500
36H.800
117,000
349,500
534.OOO
500,000
400,000

Improvement of Savannah River
Savannah, Albany & Gulf Railroad
Funding coupons and other purposes
Redemption of bonds
do
do
Bonds for city improvements
Harbor, &c., improvements

6

4

Where Parable, and by

Pay'ble

7

$4,413,400
1,537,286
27179,149
4,653,700

.

When

Rate.

Pittsburgh

Water extension loan (coupon or registered) 1868 to '74
1845 to '72
Funded debt and other municipal bonds
1863
Compromise railroad bonds (coup, and reg.)..
Bonds for impr. Penn., &c. (local assessment). 1871 to '73

thee

INTEREST.

Amount

Size or!

D.I

D.'N. Y.. Farmers'

I,.

& Tr.

Co.'

1880

to '89

Nov., 1889

1878 to '89
1891

1876 to '91
1876 to 1906
1879 to '86
1880 to '83
AUK.. 1878
1876 to '89
1877 to '88
June, 1887, to '90
1, 1892
1891 to '93
Nov. 1, 1893
May 1, 1895
July 1, 1894
Dec. 10, 1892

April

1876 to 1881
1878 to 1880
July 1, 1887
Sept. 1, 1888
June, 1892
1S93 to 1895
Apr! 11, 1905
Hay l, 1895
1874 to '90
1874 to '86
1889, '90, '96

1888 & '98
190O

and leaving only about $136,277 of floating debt
Dec. SI, 1874. The city owns real estate and other
property valued nominally at about $4,282,600.
Assessed

val'ie of real estate, $11,000,000.
Population in 1870, 28,235, against 22,292 in 1860.
St. Joseph, Mo.
Population in 1870 was 19,565,
against 8,1132 in 1H60. Assessed valuation of property,
$11.000,000; rate of tax, -23 mills.

Population by the U. S.
310,861, against 160,773 in 1860.

S/. Louis.

was

census in 1970

The

city

and

county governments and finances are separate.
Total funded debt at close of fiscal year. April 11, V5,
was $16,003,000. Floating debt f22,iMX) due Gas
LightCo; $3'X).(W) Treasury warrants; and $105,OOD
due sinking fund. Assessed valuation of all city
property, 1874, $164,191,010; tax rate is 2 percent.
(V. 18, p. 143.)
St. Paul, Minn.
Population in 1S70 was 20.030,
Assessed valuation of taxagainst 10,100 in 1860.
able property, $13,194.285. or about one-fifth of the
actual value; tax rate, 14 mills. (Vol. 15, p. 626.)

October 30, 1875.]

RAILROAD STOCKS AND BONDS.

8ubcrlber will confer a great faror
DESCRIPTION.

bjr

ziil

giving Immediate notice of any error discovered la three Table*.

RAILROAD STOCKS AND BONDS.

[Octol) r 30, 1875.

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

DESCRIPTION.

October 30, 1875.]

RAILROAD STOCKS AND BONDS.

*r

Snb.crtber. will confer a great f.vor by glTln.g Immediate notice of mny error discovered In Ibr.i. T.ble..
DE8CRIITION.

RAILROAD STOCKS AND BONDS.

xvi
Subscriber*

it-

1

II

[October 30, 1875.

confer a great favor by giving immediate ntftlce of any error discovered In these Tables.

DESCRIPTION.

October 30, 1875.]

RA.ILKOA.D STOCKS

AND BONDS.

XVH

Subscriber* will confer a great lavor by Klvlug Immediate notice of anjr error discovered In theae Table*.

DESCRIPTION.

KAILROAD STOCKS AND BONDS.

xviii

[Octob r 30, 1875.

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

DESCRIPTION.

October 30, 1875,]

RAILROAD STOCKS AND BONDS.

Subscriber* will confer a great favor by -Uin

DESCRIPTION.

:

Immediate notice

of

anr error dlMOTered

zlz
In thrae

Tble.

RAILROAD STOCKS AND BONDS.

XX
Subscribers

\vlll

confer a great

DESCRIPTION.

mvor by giving Immediate

[Octob

r 30,

1875.

notice or any error discovered In these Tables.

RAILROAD STOCKS AND BONDS

October 30, 1875.]

Mibicrlber* will confer a great favor by

Immediate notice of any error discovered In
INTKKKHT OK DIVIDKNDS.
or

irlvlnif

DESCRIPTION.

Miles Date Size,
Amount
of
Par
For explanation of column bondings, &c., see notes of
Road. Bonds. Value. Outstanding
at tlio head of tlrst page of tables.

162

Keokuk <t Des Moines 1st mortgage
Funded intcri-st l)i)iuls
st mort. (#1 IOO.OOO)
Lake El-it: <f I.Huixritlr.
Lake Shore <t itif/iiyan Southern Stock

50
1181

-

\

,

Guaranteed 10 per eout stock
Consolidated 1st mortgage, sinking food, coupon,
do
do
do
registered
2d mortgage, do. (for $25,000,000) coup, and reg.
Income bonds (s. f. (600,000 per yr.) coup, or reg.
MorU-ago Imuds of Oct., 1809, sinking fund
1st mortgage, sinking fund, M. 8. & N. I
2d mortgage, -Michigan .Soul hern
1st mortgage (L)., M. & T. UK.)
2d mortgage <C., P. & A. RR.) registered bonds.
do
3d mortgage
Lake shore dividend bonds, April, 1869
1st mortgage (C. & Tol. KK.) sinking fund
J
do
mortgage
Buffalo & Krie, mortgage bonds
do
do
do
do
Kalamazoo & White Pigeon
Schoolcraf t & Three Kl ver
Kalamazoo & Schooleraft
Kalanmzoo, Allogan At Or. Kupids
do
do
stock, 6 per ct. guar.
Jamestown & Franklin, 1st mortgage
2d mortgage
do
do
Lake Superior Miss 1st mort., gold, l.gr. ,s.f
Income mortgage bonds
Lawrence Stock
1st mortgage
Leaven., Lam. it Galv.lnt mort., l.gr. ,s.f., couv
Kansas C. & Santa Fe, 1st inort., guur
(Southern Kau.sa.s, 1st mort., guar
Lekii/h tt Lackawamialat mortgage
Lekiyh, ra/ic*/~Stock, cominou and pref
1st mortgage, coupon and registered
2d mortgage, registered
General mortgage, gold (for $ 10,000,000)
Delano Laud Company bonds, endorsed
.

1

1

Miami Stock, common
1st mortgage
Streot connection bonds

Little

Little

Hack

i'orl

<

Now stock

Smith

1st M., Id gr't (750,000 acs) s.fund (for $3,000,000)

LitUe Itock. fine UlufdC- .V. O.
Littlr XcliuylkiU Stock
1st mortgage, sinking fund.
Lnjittiftfj't, Ct'atvfordito.

S. IV.

c

1st

1st mort.,

g

LOIIIJ Island

Stock
1st mortgage, mainline
Extension

Glen Cove branch
Nowtowu & Flushing

LouiscUle, Cincinnati it Lexinylon Stock
Preferred 9 per cent stock
Bonds to State Kentucky (perpetual loan)

&

Loujsville

<k

Frankfort bouds
Frankfort

Louisville loan
Louisville, Cincinnati

&

do

do

2d do
1st mort

Louise., JV. Alb. t St. L. Air-Line
Louisville < Xashcille Stock
1st mortgage on main stem
Louisville loan

37
12
13
58

51
51
156
22
17
145
33
10
15
202
171
200

extension, Louisville! loan
Consolidated 1st mortgage for $3,000,000
2d mortgage, bonds, gold
Memphis tt Ohio, 1st mort., sterling, guar
Mi'iii jiiiis & Clarksville br., 1st mort., sterling
S. W.
1st mort
Loitisrilli-, Poiliirak
t

Keokuk <t Des lUplnet.
M. Valley, re-organized.

Eastern Divis on of Des

on first mort. is funded
bonus reserved by Co. to
be sold. In year 1874-5gross earnings were $757.381;
not, fMJ.UBS.
(V. IS p. tki,383; V. #), p. 520.)
Lake Erie tfe Lwimlle. This road w.is a reorgantzati >n, and lian hjen rtnanciully umbai-ni-(seil. There
Int.

a second uijrtg.igo of $-YO,OJJ.

See V.

ll),

p.

3;ili.

~

Michigan Southern. The annual report for Iriri was publUlieJin the CIIKONICI.K, V. 2J,
and
to June 3), li)7i, in V. 21, p.
431,
report
p.
-2.
The following shows a summiry of the
li
for
each
of
the
calendar years named
figures

Late Shore

<t

IStili

180S
1809
1867
1807
180S

1803
1869
1872

5()D

.

1,000
1,000
1,000

50

1875
1870

1,000
1,000

31
31
92
158

1857
1870

1,000

94

1808

475

".

&c

1,000
1,000

123
123

130
83
185
20

258,720

500 &c
50

1865
1869
1870
1872

50

50
100

An-

50
500
500
500
500
50
100
1,000
1,0110

1851
1807
1870
1872

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

100

1858

1,000

1830
1863
1803
1808

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

1871
1872
1870

200
200

,

1873.
,

.

187-J.

1,136
$l~,.
ll,8i!),523

Net earnings....

5,9M,t5D

5,6ii7.!ll()

5,7.VJ.lo:j

Stock ..........
Total debt ......

50,OJO,OOf
38.U35,OJO

50,OJ:i,OOJ

5!I,00:).OO)

The company's

38,373,121
8-2,83o,020
statement of earnings for first half

of 1875, on which the dividend was
passed August,
187.5, snowed surplus over interest of $51, UOJ. The2d
general mortgage for $25,00.1,000 w<is to pay floating
Uebt and bonds of 18*s with $li,OOJ,000 and balance
to be held for improvements as wanted.
(V. 18, p.
88, 2S8, 4iM, 430, 639; V 19, p. 315; V. 20, p. 18, 85,

451; V. SI, p. 9, 25J.)
Lake Superior <t Mississippi. This was leased to
lease vacated.
Land grant,
Pacific, but
1,632,000 acres. (V. 20, p. 86, 140, 383; V. 21, p. 372.)
Liiorence. Leased to Pittsburg, Fort Wayne &
Chicago at 40 percent on gross earnings. Lease
transferred to Pennsylvania Company. Gross earnSinking fund has $10,0'JO bonds.
ings, 1874, 11174,613.
140,

North

(V.20. p. 42.i.)
LeaienworUi, Lawrence ct Oalveslon. Defaulted
on Interest July, 1373. Recent transactions given in
V. 19. p. 39; V. 20, p. HO, 162, i6>>, 541; V. 21, p. 187.

LMgh

New

<t

Ladtctwanna.

Jersey as a coal road.

Operated by Central of

7

1,000

100
1.00(1

1,000

3>a

l.HH.OOO

7
7
7
7
7

5,25(1,000
2,0112,000

7

l,709,00il
l.tl.S.OOO
M,

171,000

:i,52!),OOO

7

1

.

7

7

I

S

7

O

I'.l

7
7
7
7
7

200.000
300,000
2,850,000
400,000
100,000
100.OOO
810,000
010,000
100,000
500,000
4,500,000
1,500,000
45O.OOO
315,000
5,OOO,OOO
720,000
160.OOO
300,000
25,117,000
5,000,000
6,000,000
8,859,000
1,797,000
4,608,000
1,500,000
525,000
5,000,000
1,900,000
750,000
2,640,100
759,500
1,500,000
3,300,000
1,175,000
175.OOO
150,000
150,000
250,000
000,000
2,023,483
851,000
74,519
35,000
25,000
100,000
3,000,000
881,000
1,129,000
8,988,301
113,000
849,000
225,000
88,000
333,000
7,039.000
2.000.000
3,500,000
2,398,000
3.0OO.OOO
600,000
400,000
370.OOO

8

8
8
3
7

7
7

10

g.

2ia

7
10
10
213

A D.
A S.
J. A D.
J. A J.
Q.-M.
M! & N.
M.

2

Philadelphia Office.

Q.-J.

J.

7
6
7

and com.)

6

Various

"f.

A
&
&
A

7

8g.

Funded debt
Floating debt
* Anthracite.
(V. 18, p. 397, 504, 537;

V.

SO, p.

311

,

6

7
7
7
3
413

6
6
6
6

7
8

S*
2>3

7

1873^1.
17,4(iO,832
22(,43I,4<>7
$>i,7.W,#)l

3,471,418
3,287,973
24.505,447

16,8i,000

1,

593.)

Little EockA Fort Smith.
Foreclosed Dec. 10, 1874.
Re-organized and stock issued for old bonds. The
is for construction to Fort Smith.

n>w mortgage

80, p. 68.)

Little Sock, Pita Slifff <t ffeio Orleane.
in default. (V. 17, p. 53, 619, 661.)

19tx

1U03

IWi

1, 1879
May, 188A
1, 1877

Oct.

Nov.
Aug.
Jan.

Oct.
April

July
April
July

18~

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

1880
1892
1800
1885
1880
1882

1,

ls-i;

.s.-p't.

April 1, 1898
Jan. 1, 1890
July, 1887
July, 1887
July, 1888
April 1, 187R
Jan. 1, 18i>7

June

1, 18114
Jan., 1899
Oct., 19O2

1875

Oct.,

Aug., 1895

July, 1899
May. 1890
1892
Feb., 1897
Oct. 15.

i

-T:.

Cincinnati.

1.S9.I

Boston.
July 1, 1895
O. N. Y.. Union Trust Co.
April, 1900
J.
Philadelphia Office.
July, 1875
J.

O.
do
F. N. Y., Jones & Schuyler.

liabilities,

Sept.,

312.

1875,

521, 598;

V.

1877

Oct.,

Aug.. 19OO

1873
July, 1898
1890
1893

Office.

June, 1809
July, 1873

19OO
Jan., 1874
Jan,, 1881
Jan.. 1897
April, 19OO

Aug.
Jan.

1,"

1.

187

1875-'6

1866 to 1887
isst;

Nov., 1880--83
Oct. 15, 1893
April, 189*

Xnv.

1.

lss:t

Dec., 19O1

Aug., 19O2

Men.

1,

1890

Aug., 1875

1887
1879

at *4,097,00fl, of
certificates.
(V. 80,

reported

which *82!,OUO were nvrlvcr'u
p. 86,

81, p. 3U4.)

No

reports are made except those
Long Island.
to the State. In year 1872-3 gross earnings wero
of
$895,716. Change
management April, 1875. (V,
20, p. 383.)

Louimille, Cincinnati <t Islington. Gross earnings in 1872-3 were $1,>12,U27; expecses, $(176,574;
net earnings, $235.4.%
By contract, November,
1871. with the Chesapeake & Ohi , $1,000.0(10 new
stock was sold to C. & O. at 50, and $300,000 of old
stock at 65. The company, after paying dividends
on preferred stock for tome years, defaulted on
interest 1873-4. Receiver took possession in September, 1874. (V. 19, p. 351; V. 20, p. SM, Sag; V.
21, p. 277, 395.)

This road

is

*

St. Louit Air-Line.
ITno Albany
projected from Louisville to St. Loin",

and has 28 mil

-s

The managers hope to go on

built.

few of those ont were
they can s<'ll bonds
t
the public. (V. 17, p. 758; V. 0, p. 16, 357,
V.
453;
21, p. 86.)
LouisciHe Jt SashrUlt. -Annual report for year
ending Jon* SO 1875. in V. 21. p. 369. Gross earnings of m-jin stem and branches. $4, SOS, 95*, net,
$1.5ln,39S. General result of operating whole system
and leased lines was a deficit of $31.793, after paying
interest and all charges. Nashville & Decalur is
North
lowed, and liabilities for tho South &
if

;

,

Alabama

are

assumed
Paducah

.

(V. 20, p. 16

)

it S.
W. Formerly Hii*Paducah, to which Louisville cliy
In
loaned $2,000,000.
September. 1874, interest

Louimille,

bethtown

was not
Interest

1,
1,
1,
1,

Deo.
Oct.

1892
1875
1-7.
I:H>

Sept., 101O
do
do
1898 A 1923
Office.
Jan., 1892
Philadelphia
Cinriiimiti.
Sept.10, 1875
N. Y., Bank of America.
May, 1883

& D.
& J.
Louisville.
& J.
& J. N. Y., Bank of America.
& J.
do
do
& J.
do
do
do
A J.
do
& O. N. Y., J. B. Alexander.
F. A A.
Louisville.
J. A J. N. Y., Drexel, M. A Co
A. A O.
do
do
M. A N.
do
do
M. A N.
Louisville.
do
A. A O.
A. & O. N. Y., Drexel, M. & Co
M. & N.
J. & D. London, Baring Bros.
F. & A.
do
do
M. & 8.
New York.
Philadelphia.
Q.-F.
J. & J. N.Y..M.K. Jesup.P.itOo
J. & J.
do
do

sr>ld

Miami. This company leases the Columbus
& Xenia, and both are leased to Pittsburg, Cincinnati & St. Louis, i narantced by Pennsylvania KR.,
lessees assuming interest payment on ooads and 8
percent on stock. (V. 20, p. 427.)

V.

1,

Aug.
July
July

June, 1898

Company's

7

Little

(V. 19, p. 533, 617, 639;

1884
K.-li.

&"N. N.Y., Bk. of N. America,
A N.
do
do
& N.
do
do
& N.
do
do
do
& O.
do
do
do
& S.

"7*

3.

8.8*5,705
23.2tt.44K
10,875,000
l,83i,6I3

LMM
April,

Reg.atollk-o, t-p.U'kN.A
PhUiwlelplilu Office.

Louisville,

Net earnings
Capital stock (pref.

Dividend.

do

6

ljutt

Kt'ickt

Whom.

A O.
New York Office.
A O.
do
do
A. it O.
New York.
F. & A. N. Y., Union Trust Co.
F. A A.
do
do
J. A J.
0..-J.
J. A D.
A. & O.
A. & O.
M.
N.
M. & N.
F. A A.
J. A J.
A. & O.
A. & O.
J. A J.
A. A O.
J. & J.
M. A 8.
A. A O.
J. A J.
J. A J.
J. A J.
J. A J.
A. & O.
J. & J. N. Y.. Union Trust Co.
J. & D.
do
do
J. A J. N. Y., Boston A PUlla,
A. A O.
do
do
Q.-J.
Pittsburg Office.
F. A A. N. Y., Winslow.L. A Co
J. A J. N. Y., Farm. L, & T. Co.
M. & N.
Boston Office,

8

investments. The Amboy branch was completed
June, 1875, and $S,45>,iOO L. V. ttockllo per cent
increase of capital) to be issued to stockholders at
par to pay for it. A comparative statement for two
years is as follows :
1872

able*.
rlncl-

Where Payable, and by

7

earnings are
Lehlgli Valley- This company's
chiefly from anthracite coal. The gross receipts in
year ending Nov. 30, W4, were $l>,759,391; net,
* 1,*>7,D73; In 1873-gross, *ii,71U,.V)3; net, t2,-2%705.
The new general mortgage is to retire the old debt,
and the b.-ilance for new expenditures. The company's report give* no details of the construction
account, nor of the cost or value of its miscellaneous

Passengers carried ono mile.. 16,47S.563
*Coal (tons) moved one mile. 237,152.611
Gross 'Mrniugs
$6,710.565
J,8S4,880
Operating expenses

'I

lie

7
7

924.OOO
1,000,000
1,OOO,OOO
12.0OO
1,595,000

tlieae

A.
A,

533.500

:

1874.

Miles
1,173
1,175
Gross earning.. $17,148,130 $19,411,5-0
r
LVia.M-i
Opurafg exp'ea. H,i. i2,:tri

7
8

1.092.OOO
49,466,500

1,000
1,000

180!)

77
77

lilroail

to April, 1876, except tho

is

1S50
1859
1807
1809
1855
1800
1802

per When
Cent.
Payable

.

(9300,000

1,000
1,000
1 ,000
1,000
1,000
1 ,000
500 &C.
1,000
1,000
] ,000
1,000
5 JO <So.

1853
1864

141
81

do

U

1 s.-).-)

1s:.7

1,000
i.ooo
1,000
1,000

Lebanon brunch, Louisville loan
Lebanon branch, 1st mortgage

.Stock
LI//.-I-II.I \\Meij
Muftit tt- A.ii'jiista 1st mortgage
2.1 mort.. umlursod by Gi'urjia

1801)

180S
1870
1873
1872

65
29
65
175
175
31
605
185

Lexington, 1st mort

do

ss
88
88

1874 $1004(0.
1874 lOO &o.
1872
1,OOO
1OO
100
1870
l.ooo
1 ,000
1870
1873
l.OOO
1872
i.ooo

4
10
19
175

New York & Kuckuway
Smithtowu & Port Jetterson

Lexington

.

804
451
451
02
95
95
258
102
102

70

mortgage

of Intl.

801
804
804

zxi

&

paid.

Foreclosure in progress.

(V.

19, p.

P,hila-

V. 30, p. 857, 405; V. 81, p. 323, 395.)
Lukent Valley. Leased to Summit Branch Railroad at $62,500 per annum.

Lngansport, Craw/ordsoUli <t S. W. of Ind. Road
was in progress and defaulted in 1874. The total

Jfaam A Auytttta. Leafed and operated by the
Georgia Railroad, which guarantees all the bonds
except $100,000 of first mortgage. (.V. 81, p. 1470

Little SchuylkiU.

delphia

.fc

Heading.

Leased and operated by
Dividends, 7 per cent.

189, 366;

RAILROAD STOCKS AND BONDS.

[October 30, 1875.

Subcrlker will confer a great favor by giving Immediate notice or any err .r discovered lu these Tables.
Jiotuis PrinciDESCRIPTION.
INTEREST OR DIVIDENDS.
Milea Date Size, or
pal, when due,
Amount Rate
of
of
Par
For explanation of column headings, &c., see notes
per When Where Payable, and by Stocks Last
Road. Bonds Value. Outstanding

at the head of first page of tables.

Macon <t Brunswick 1st mort., State endora.
2d mortgage.
Equipment bonds.
Ililixilll <t Portgagelnt mort., gold
Macfison
Jin in

i'

197^2 67-'70 $500&c.

7
$2,500,000
7
1,100,000
7
150.OOO
39 1870
1,OOO
600,000
7g.
357
100
3,620,120
33
"6
496,500
357 1872 100 &c.
7
928,300
186O-1
6
1,100,000
"19 1870
496,500
1808
756,800
"38 1871
633,000
1861
425,000
"72
100
741,400
100
1863
217,300
1865
100
1,166,700
260,000
33 1870 500 &o
150,000
26
100
1,000,000
90 1871
1,600,000
22 1869
300,000
100 1870
1,000
1,500,000
276
50
1,380,000
50
ss.
8.105,000
50
3 8.
4,440,100
7
2,450,000
1,050,000
2,500,000
3,000,000
2,004,000
7
300,000
100
4
1,125,000
30 1869
7
750,000
1,000
8
669,050
50 1872
8
1,000
1,910,000
44 1871
8
1,000
2,000,000
94 1872
8
840,000
1,000
109 1873
10
1,000
706,000
54
6
850,000
54
6
150,000
291
25
5,312,725 3 per y'r.
6
1,814,142
7
1,293,000
7
1,000,000
1873
10
600,000
131 1860
8
1,300,000
1,000,000
569
"is.
18,738,204
284
8
1,000
2,179,000
284
8
556,000
1,000
284 1872
7
1,000
8,000,000
103 1869
8
1,000
1,900,000
10
200,000
1,000
1874
,600,000
1,000
39 1870
640,000
1,000
39 1870
70,000
1,000
94 1866
1,000
1,000,000
94 1869
8
500,000
1,000
100
491,200
2*2
1872
8
424,000
1872
8
1,906,000
116 1865
8
1,000
1,317,000
116 1868
8
158,000
1,000
1870
8
810,000
1,000
236 1871
8
1,958,000
1,000
57 1869
8
880,000
57 1S69
I'.ob'o
1,100,000
126 1870
50 &c, 18,000 p. m,
125 1872
1,000
3,000,000
140
50
3,969.000
32 1868
10
320,000
1,000
35 1870
500,000
1,000
100 1856
600,000
1866
1,254,500
409,444
100 21,405,000
785

1869

Stock

Central

Maine Central

interest scrip

1st mortgage, consolidated

Bonds ($1,100,000 loan) A. &. K. RR
Extension bonds, 187O, gold
Maine Central loan for $1,100,000
Leeds & Farmingtou Railroad loan

Androscoggiu Railroad, Bath City loan
Portland <fc Keuuebec, stock
do
1st mort., extended
do
do
do
consolidated mortgage
Somerset & Kounebec, 2d mortgage
Belfast & Moosehead, 1st mortgage
.Manchester
Lawrence Stock
MansfieM, Cold u'uter L. M. 1st mortgage
Mansfield <t Framing/Mm 1st mortgage
Marietta, Pittsb. <t Cleveland 1st M., $14,000 p. m.
<

<S;

Marietta < Cincinnati Stock,
Stock, 1st preferred

do

common

do

2d

1st mortgage, dollar
1st mortgage, sterling
2<1

mortgage

3d mortgage

4th mortgage for $4,000,000
Seioto & Hocking Valley RR., 1st mortgage
Bait. Short Line, stock, 8 p. c. guar by M. C
do
do
1st mort,, guar. by M. & C
Cincinnati & Baltimore RR., stock
Marquette, H. <t O 1st mort., 1 gr. M. & O., c
1st mort., 1 gr., H. & O., coup
2d mort., land grant, M., H. <fe O., coup
do
3d mort.,
do
do
Maryland Delaware 1st mortgage
2d mortgage
:

Memphis

stock

Charleston

<

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

Little Jiockist mort.,
2d mortgage
Michigan Central stock

Memphis

<

1.

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

gr

lund

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

C

Equipment bonds

Kalaniazoo & South Haven, 1st mort., guar
do
2d mort,, guar
do
Grand River Valley, 1st mort., guar
do
do
2dmort.,guar
do
do
stock, guar
Detroit & Bay City 1st mortgage, endorsed.
do
do
mortgage (not guar M.C.).
Jackson, Lansing & Sagiuaw 1st mort
] g j
2d nK>rt., couv. S,do
do
1st mort. (N. of Win.), oonv. f Say
"
do Cons. m. on whole line (300m.) J o 9
Michigan Lake Shore 1st mortgage
Midland Pacific 1st mortgage, gold
Milwaukee Northern 1st mortgage
Western 1st m., gold
Milwaukee, Lake Shore
'

. .

.

I

<

<

Hill
Schiti/lkill Haven stock
1st mortgage
( ifi's.)
Mississippi, Oaaehi/adE lied River 1st m.,gold...
<t
ncssee
1st mortgage
Ten
Mississippi

Mine

<

Mineral Point

.

Consolidated bonds
Tennessee State loan
.

ros

stock
Missouri, Kansas <
Preferred stock (for $7,000,000)
1st m., gold, sink, fund, ouroad and laud (U.P.S.Br)
1st mortgage, gold (Tebo. & Neosho)

Macon & Brunswick. This road being in defauit.
was sold June 2, 1875, and bought for the State at
The Georgia Legislature declared,
$1,000,000.

fraudulent $!0",000 of tke endorsed bonds issued in
1870.
(V. 19, p. 351, 366, 479; V. 20, p. 4u5. 501, 546,
6;0, 593, 615.>

&

Consolidited as Chicago
& Superior. No bonds could be negotiated after
the " Potter law." (V. 21, p. 15.
Maine Ceittrxl. A contract for operating was
made with the Eastern, Mass., in June, H73. The
Maine Central leases several roads. The report of
the year's operations, entling Dec. 31, 1871, showed:
T.;e total earnings for 1873 were $2,068,077.7S; total
increase of
for 1874, $2.0111,080.55, showing an
$^6.002.37. The operating expenses for 18?3 were
$1,330,501.41; net earnings for 1873, $737,576.31. The
operating expenses for 1874 were $1,281,681.25; net
earnings for 1871, $812 3 '9.30; an increase for 1674 of
$J4,H*:W. Receipts f ro n passengers we' e $1110,381.89; from freight, $1,028,965.41; from all other
The report says that a
sources, $1.54,683.25.
general stagnation of business materially affected
the road, >o that its gross receipts have only
been increased over those of 1873 some $26,000;
but t'ie practice of rigid econo ,ny in working the
road has given an increase of net earnings over last
year of *?i, -23.46. During the year the bonded
debt of the company was reduced by the payment
of the
$474,000
City of Baugor Loan

Madison

Cent.

Portyate.

1

182
100

500 &c,
500

1868
1870

1,000
1,000

3,220,000
350,000

the Concord Railroad as one line. Net earnings
1874-5, $101,117. (V. 20, p. 56X)
Leased and operated
/,.i!f.
Mansjfit, Coldicater
by Penn. Company for net. earnings. (V. 20, p. 426.)
Manflvld
Fi'amimgham.\jKt&e& to Boston,
Clinton
Fit :hburg, at 25 percent of gross earn-

*

&

ings.

A

Consolidation

made June,

Marietta, PMsburcih
in 1-74

hands

were $40.717.
-*

1875. (V. 20, p. ii!5.)

<fi
C,'lcnetrin<i.~Set earnings
Defaulted and in receiver's

ugust, 1875.

Marietta, cfc ClncmnM. Gross earnings for the
year 1874 were $1,094,510; expenses, $1 5.1, Mil; n"t
earnings, $543,150 against $432,5W net earnings in
This road forms a part of the tnrouzh route,
187-i.
and is operated in close connection with the Baltimore & Ohio Kailro id, which has made large ad
vances for recent construction on the "Short Line."

Annual report V. 20, p. 356.
Marquetle, Houghton & Oiitonagon. This is a consolidation of Marquette & Outouagon and iloughtou & Ontonagon. Lauds amount to 425,0111 acres,
chiefly timber ami mineral. Stock, $2,31)6.600.
Maryland & Deliwire. This line was leased by

New Jersey Southern, to fo.'m part of the
through route. Lately proceedings looking to foreclosure have been started. (V. 2>, p. *42.)
Memphis dk Cliarlettoxr This road was leased to
the Southern Railway Security Co.. but in 1874 the
lease was cancelled arid Mr. K.'T. Wilson, 1'resident
of the East Tennessee, Virginia & Georgia, mad was
100 elected President of the Memphis &, Charleston,
Penobscot and Kennebec Loan
with a new board of directors. No recent report has
Portland and Kennebec Interest Funded L'u
1,8
Somerset and Kenuebec 1st mort., iu part. 247,000 been obtainable. (V. 19, p. 424.)
Memphis & Little Rock. Interest has been in deTotal
$723,400 fault since November, 1872. (V. 17, p. 380, 649; V.
These liabilities were met by the sale of consolida0, p. 336, 615; V. 21, p. 15.)
ted bon^s, and by notes piyaole, increasing liabiliMichigan Central. The annual report to May 31,
ties only $14,33i. Since the date of '.he Treasurer's 1^75, (V. 21, p. IOO.) showed gross earnings on
reuort $10,700 of the Somerset and Keunebec bonds main line and branches of $7,102,286, and net earnhave been paid, which leaves but about $12,000 of ings, $2,0.14,188, or $76 250 less than previous year.
thaie bonds outstanding.
313,

(V.

19, p.

190; Vol. 20, p.

3S.,i

Manchester

<t

Lawrence,

Formerly operated with

the

The

floating d.-bt June 1, 1875, was $770,015, ngainst
$1,056,452 on the 1st of June, 174. Lands of ->. L.
&S. are 192,000 acres. The J., L.
S. debt is as-

&

Whom.

Payable

Dividend.

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

A.
A.
A.

&

&.

O.
O.

New

York.

Augusta.
A. &. O. Bost., Nat. B'kCoin'rce
F. & A.
do
do
A. & O.
do
do
J. & J.
do
do

& J.
& J.
<t J.
A, & O.
A. & O.
J. & D.
M. & y,
M. & N.
A. & O.
J. & J.
F. & A.
&S.
& S.
& A.
& A.
& N.
& J.

J.
J.
J.

Portland.
Bost., Nat. B'k

Com'ree
Augusta, Me.

do

Bost., Nat. B'k

do

Com'rce
do

Belfast and Boston.

Manchester and Boston
Boston, Bost. NatJiank
N. Y., Winslow, L. & Co

1887 to 1900
1889
1879
Oct., 1890
1, 1912
1890 to 1891
Oct., 19OO
July, 1898
July, 1901
July, 1891
JulvlS, 1875
April 1, 1883
Oct. 1, 1895
June 15, 1876
May 15, 1890
May 1, 1875
Oct., 1911
July 1, 1889
Aug. 1, 1895

April

Sept.,1866
Bait., R. Garret

& Sons.

London.

Sept.,

Aug.
Aug.

1,
1,
1,
1,

1866
1891
1891
1896
1890

Garret & Sous. May
do
do
July
do
do
'&N.
do
do
May i","l896
& J.
do
do
July, 1875
& J. Bait., Mcrch. Nat. Bank Jan., 1900
& N.
do
do
May 1, 1875
& D. N. Y., Company's office. June 1, 1892
& J.
do
do
July 1, 1891
& A,
do
do
Aug. 1, 1892
& S.
do
do
Sept. 1, 1903
& N, Bost., Bk. of Commerce, Nov. 1, 1885
& D,
do
do
Dec. 1, 1889

&
&
&
&

&
&

Bait., R.

D,
J, N.Y., 3d National Bank.
N, N. Y., R. T. Wilson & Co.

do
do
do
do
N. N. Y., Swensou, P. & Co.
J.
S,

1, 1880
1, 1885
1873 to '78
May 1, 1890

May
Jan.

New York and Boston. Jan., 1873
& O.
Boston Office.
Oct. 1, 1882
& O.
do
Oct. 1, 1882
& N. N. Y., Farm. L. AT. Co. May 1, 1902
& J.
do
do
Jan. 1,1890
& N.
do
do
1890
& O.
do
do
April 1, 1883
& N.
Nov. 1, 1890
do
do
& N.
Nov. 1, 189O
do
do
& J.
do
do
July 1, 1886
& 8.
do
do
July 1, 1879|
& J.
do
do
July, 1875
& N.
do
do
May 1, 1902
1902
& N. New York and Boston.
J N. Y., Farm. L. & T. Co. July 1, 1885
& S.
do
March 1, 1878
do
& N.
do
do
May 1, 1890
& S.
do
do
Sept. 1, 1891
& J. N. Y., Winslow, L. & Co.
1889
A.
N. Y., Turner Bros.
Aug., 1899
& D. N. Y., Merchants' N. Bk. Dec., 1901
& D.
June 1, 1902
& J. Philadelphia, P.&R. Co. July, 1875
& J. Detroit, 1st Nat. Bank. Jan. 1, 1890
& J.
1890
& O.
April 1, 1876
Memphis, Office,
do
& J.
Sept. 1,'81 to'93
fe

<fe

&
&

J.
J.

J. N.Y.,

D.

Clark.Dodge & Co.
do
do

Jan., 1889
Dec., 19OO

sumed by Michigan

Central, wliirh nlso pays JTO.fKX)
per year on the stock, one-third of which it owns.
The last dividends on Michigan Central stock
paid were 5 per ceut cash. July, 1872, and 3 scrip,
January, 18r3 The main causes which led to the
cessation of dividends were the competition and low
rates on through freight, the large improvements
demanded on the M. C., and the heavy obligations
assumed for branch roads. (V. 19, p. 113; VT 20, p.
101; V. 21, p. 15.)
ehi'ian L'ike Shore. Defaulted 187 i, and in
receiver's hands. (V. 18, p. 218, 501; V. 21, p. 1 1O.)
Midland Pacific. This was one of the rnads represented 'by Messrs. Turner Bros, in New York, of
which Benj. E. Smith was president. Default in inNo recent
terest was made in February, 1875.
information obtained.
Mi'wattkee <fc Northern. This roid defaulted on
interest January, 1875. Circular to bondholders, V.
It is leased to Wisconsin Cen'ral and
40, p. 615.
there is said to be some prospect of resumption.
Milwaukee, Lake Shore <{; Western. This is one of
In 1873 the net
the defaulting Wisconsin roads.
earnings wer $7 "Oil; cost of road and equipment,
$3.750,OuO. Receiver appointed Sept., 1875. (V. 21,

M

:

p. 217.)

Mine Hill dk SchuylMl ITmen. Leased to Philadelphia & Reading, May 1861, for 999 years; 8 per
cent dividends on stock.
Mineral Point. Total receipts 18(3, *liS,121: expenses and interest, $130,6.4; cost of road, &c.,
$1,200,000.
Musslstippi, Oiiachi'a < Red Hirer. Land grant
257.000 acres. Receiver appointed April 17, 1875.
(V. 2), p. 405.)
Net farnlngs fiscal year
Tennessee
Aflssisttppl <
ending Sept. 30, 1874, f 224,695.

Miswuri, Kansas & 1<xas. This road was buildunder most favorable auspices and showing good
earnings but succumbed in December, 197s and
passed interest. A compromise with bondholders
reported as accepted June, 1S75, (V. 21. p. 137.)
Receiver was appointed, December, 1874. Land
in

1

.'

October 30, 1875.]

ttAILROAD STOCKS

SttbiCrlber* will confer a great favor

DESCRIPTION.

AND BONDS.

xxiii

by giving Immediate notice of miy error Uncovered In Ibeve Tables.

RAILROAD STOCKS AND BONDwill confer a great favor by giving

DESCRIPTION.

[October 30, 1875.

Immediate notice or any error dl.covered In

ilie<e

Tables.

RAILROAD STOCKS AND BONDS.

October 30, 1875.]
>ui..<

rll.. r..

Mil.

Date

-

Of
of column hr:i<liiiu-. Ac... see notes
Road.
the heart of first page of tables.

For explanation
lit

iiniiiyi:

Ortgon if
Onoegoit

of

Amount

Bonds

Outstanding

9
200

1st mortgage
caiifuniiit 1st mortgage
\i-irnrJ.-

./'

1805

mortgage guaranteed
Income mortgage bond*
Ofireyo rf SyracvteStOdt, H per cent guar
Mortgage bonds
Kiissellrillelut mortgage
Oieauboro
1st

itmiir

50
:u

36

<t:

of MimuHii'i stock
1st mortgage, gold

fimil

luiiiuin).

.

10(1

1868

283
283

..

..

1872
200 1875
15a 1873
1M74
55J4 1H71
21
1870
115
47
47 1856

100 Ac

1872
1868
1871

500
500 &c

12
67
160

.

18

<f- Erie
Stock, common
Preferred stock
1 st mortgage, Suubiiry & Erie

mortgage
2d mortgage
2d mort.. gold (for $'20,OOO,OOO), giiar by P.
PtlttaddpMa <k llntiliny Stock, common
1 st

R

Stock
<C Norrixtoum
Stock.
d- Baltimore
Stock
,.

.

.

.

mortgage, convertible

Bonds nearly

all

1857
1861
1868
1869

1,000
l.OOO
1.000
1,000

1857
1836

Foreclosure

1S74
IH13
1"72
1871

745
750

(ft

A-iilm-h

mln

(V 20

* Western

;r. p. i.w.

w,

Dei-'i/u r

(V.

is

B

I. W)0

Net

s

Earnings.

Earnings.

$22,642,371
24.H'W,009
*8.012,f25
1H,71U,837

$I),3W.!-2I
9,l4ri,704

,

(V. 17, p. 511; v!

"V"

I*
7
6
5
6

g.

"3'

V'
7
4
8

2*
g.

8
8
7
7
6
"4"
7

6
g.

2^
6
6
5

g.

7
7
7
6

g.

(V. 17, p. 155, 650, 788.)
report for 1S74 is given in V.
repurt of the investigating comp.
mittee is in V. 19, p. 275, 3S8, 39 '. In May, 1875, the

The

Peorli
'

O.

212

3

4
6
f;

6
6

May

O. N. Y.,

it

Bureau

Rock

it

Leased perpetually to
Pacific at $125, 000 per year.

Valley.

Island

&

Jadoofitl

It,

In

year ending

net earnings, $60,26!.

There
Rock Inland. Defaulted In 1874
per cent bonds of $150,000. (V, 19, p. 85|,

<ft

are old in
424; V. 20, p. 141, 616;

V'- St,

p

J59, 319.)

1892

1,

I**.',
S-|,t.. I-'.I'J

on.

Commerce.
do
do
K'k of Commerce.
ii'k

l',"l893

Nov.
Dec.
Oct.

New

1.

li

1,
1,

1899
1888

Oct. '15,1875
Oct. 10, 189T

York, Office.
London.

O.

lw!(.j

1.

Feb.,

do
do

N.
D.

New York and London. July
1892
A J. N. Y.,Krie Rnilwav Co. Jan.
1, 1878
A
A.
N. Y., T. W. A W. HR.
F,
Feb., 19OO
M. A N.
New York.
Q.-F.
Philadelphia, Office.
Aug. 30, 1875
J. A J.
do
do
.lull.. 1X80
1910
Q.-J.
Philadelphia, Office.
A. A O.
do
do
Annually.
J. A J. London, L. Asiatic Co.
July 1, 19O5
A O Pittsburgh C'o.'s Oflico. April, 1875
AA
New York.
Hio:i
A A Philadelphia, Office.
1110:1
A O
do
do
19O3
A D Pliila., B'k N. America. June 1, 1896
A D
do
do
June, 190
A A N. Y., Cblc., R. I. A Pac
Aug., 1875
A J.
New York, Olllcc.
July 1, 1--77
A J. N. Y., Imp. A Trad. B'k, July 1, 1894
A A. New York mid I*ondou.
Feb., 19OO
A O, Phila., 227 8. 4th St. Apr. 1, 1897
A D.
do
do
June 1, 1913
A J.
Jan., 1872
A J. N.Y., Lancaster, B.ACo. Jan., 1879-'98
do
do
19O2
A J. Philadelphia, Office.
Jan., 1S7!(
A J.
do
do
Jan., KKKI
A J.
do
do
Oct., 1881
J. A J. Philadelpula, Pa. RR.
A. A O.
do
do
Oct. 1, 1877
A. A O. Phila., Pa. Life A T. Co. March 31, 1881
J. A J.
do
do
July 1, 1888
J. A J. Philadelphia A London.
July, 192O
A"J.

J.
J.

;.

j.

A
A

J.
J.
J.
J.

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

i~,'

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

Philadelphia, Office.

8.

Philadelphia, Office.

J.
J.

Philadelphia, Office.

do
do
do

D.
J.

issi;

London.

do
do
do

1S77
1893
1898
June, 1911
June, 1911

do
do.

Philadelphia A I^mdon.
Philadelphia, Office.

J.

20,1875
'JO, 1875
1880

188O
1880
1888

do

O.

D.

Oct.
Oct.

do
do
do
London.

do

O. Philadelphia or I/ondon
London A Philadelphia.

June. 1911
Jan. 1, 1893
Oct.

1.

IS!I7

1895
1892
J.
Office.
Oct.
9. 1875
Philadelphia,
Q.
Q. M. Phlla., Treasurer of to. Sept. 1, 1875
J. A J.iPhlladelphia A Huston. July 1, 1875
do
do
J. A J.
July. 1884
A. A O.
do
do
April, ISTli
A. A O.
do
do
April. I--ST
A. A O.
do
do
Oct. 1, 189'J
do

Various

it

Pekm

243. The

A

ixxr,

Irh.

July 'JO, 1875
Aug., 1H8S
July, 1K91

do
do

N. Y.,

A.

Feb., 1891

St. Ijillls.

A.

&
A
&
A

May, 1915
Aug., 1875

do

(

Perklmnen.-- Leased to Philadelphia * Reading.
P,iimbury. Gross earnings 1874. $240,145; net,
Interest in default 1874.

$103,373

V.

*0, p.

302;

V.

(Vol.

19, p. 351;

41, p. (M. 372.)

JtaWtnore Ctn'rti 1
Operated for
some time past, in Pennsylvania by trustees of first
Phil., Wil. & Halt, largely
mortgage bondholders.
it.

P/itloftelpftifi

.

interested.

Philadelphia <* Krie. Leased February, 1R62, for
999 vearsto Pennsylvania Railroad Gross earnings,
1874", *!> 506.919; net earnings, $1,068.786. The Penn.
Railroad pays interest, Ac., and is creditor $1.378,189.
v. 19, p. 421; V. 20, p. 8, S48.)
(V. 18, p. 160. 367;

PhiiadeJnMa it Reailinff. The net earnlngsof main
and branch lines in 1878-4, were $5,720,205, against
$5,357,766 in 1872 s. Income from oilier sources.
Last annual report re$',351,671). against $1,06 ,116.
viewed in V. 20. p. 287. The company guarantees
the mortgage bonds of the Coal & Iron Co. for $13.413.500. A comparison of slatistics for three years is
as follows:
I87S-S.

1--71-2.

Gross earnings..
Op. expenses

Net earnings

.

$4,061,49
$5.857.768
1.065.116
816,478
3},fiW,S75 82.718,775
l.Ml.sdil
1.5M,SOO
pref
Funded debt
33,120.804 44,18 ; ,716
(V. 16. p. 14; V. 17, p. 588; V. If, p. 191;
17, 32, 51, 858, 480; V. 0, p. 858.)

Stock
Stock

.

187S-4.

$!2,1->5.038 $14,*32,661 $14,452.1:1
h,(*.51J
9,474,895
8.781,916

.

Inc. othersourccs.

Peori'i,
June 30; 1874,

ncroft. Receiver.

IMvldtiid.

N. Y., B'k Commerce.

2*2

Ptnnsylvani it New Kent. Operated in close
connection with the Lchigh Valley. Net earnings
Dividend of ~!% percent paid on pre1873, $444,30I.
ferred stock, $2,000,000; common stock is $1,061. 700.
Peoria
Chicago,

also a second mort'a<'o for

do
do

J.

N.

Q.-J.

7K-

$113.010.000
105,784,0:5
82.589.537
6 ',78'!, 15

6, -596,404

A

A.

Total Stock
and Debt.

8,217,854

Newark,

Priurf

Office.

mout'ly
M. A 8.
A. A O.

M.

'

Defaulted May 1, 18T2. Coupons unfunded.
with Pt. Huron & L. M. .Inly. 187H. W. L

Peruisy'vmla.

20.

1,000
1,000

&

J.

J.

Delaware. The lease of (his road
'o the Pennsylvania Railroad was ratifled In 1874.
Previously operated under temporary lease.

$5)n,0'<0.

Cniisol.

....

Pemmlvania

L"ased to Toledo

for 47 years.

There

7

7
6

i......

O. N. Y.. Uroxvl. M. A Co.
N. N.Y., Mercantile N. B'k.
F.
do
A.
do
F.
A. N. Y., Del., L. A W. KR.
M. A N.
do
eo
F. Si A. N.Y., Imp. A Tia.l. N.H.
Q.-J. N. Y., At. A Pae. K. R.
F. & A. N. Y.. ll'k Commerce.

M.

8
7

:

753.)

Ptnlnsufar,

f*

130, 361.)

Foreclosure in progress.

it

l.ifl

!

Purls it Decline. Consolidation. Now Illinois
Midland. Stock. Jll,fiOO,<m (V. 19. p. 351.)
Paterson it Nemtrk. Lately operated by Erie.
Slock is $5nO,(X.
Li-

8

is a corporation disfrom the Pennsylvania Railroad, formed to
operate aU the leased lines west of Pittsbiirg. The
stock is owned by the Penil. RR. In ih7 the operations showed net profit of $8)1,3)8, including receipts
from the Company's investments. A very complete
exhibit of the operations and financial condition of
all its leased ro:> Is was published in V. 80, i>. 425,
&c. (V. 18, p. 1(12, 285, :iVt, 501, 5s4, l 31; V. 19, p.
377, 47', 504; V. 20, p. 16, 86, 867, 814,415; V. 81, p.

21, p. 186, -M7.)

Mela,

100
50
50
5OO

1858
1S66
1867
1872

7

tinct

21, p. 207, 231.)

Danville.

1,000
1,000
1,000

26
20

7
4

The Pennsylvania Company

proceedings

commenced. (V. 21, p. 110.)
Panama. No recent, report of operations.

1,000

1836
1868
1868
1871
1871
1871
1873
1873
1874
1872

Gro

V%

Fitrli

32,722,775
1,551,800
1,510,500
82,500
182,400
967,200
495,900
134,400
1,138,900
2,700,000
10,791,000
7,000,000
978,000
10,OOO,OOO
0,800,000
1O,OOO,OOO
13,413,500
1,259,100
2,231,900
1 1.524,200
3O2.OOO
400,000
1,OOO,OOO
5OO,OOO

1,000

sylvania

Pac(fc iff Jlinmiirl. Road leased July, 18?^. to
Atlantic A; Pacific Railroad and dividends guaranteed. From
in Sept., I8V.", the price of
stock fell to % on Oct. 22. The principal onuses
of
a
decrease
beinir
tH02 996 in earnings since Jan. 1;
the failure of A. & I', to pay the October dividend
and
the
advertised;
prospect that if le-isc \vns bmkrn
the road wouH be so heavily loaded with debt to A.
& P. as to make stock vnlueless. (V. 20, p 288 4v9
593; V. 21, p. 40,374,306.)

858; V.

7,'252,OOO

u

MA

;

& Kune'Mle.\n prosress; the proposed line from Nashville to Evansville. Now Evansville. Owensboro & Nashville.

p.

100
1,000

A
&
A

A.

dividend was changed to the rate of 8 per cent per
annum. The direct funded debt of the company is
$54,000,001
liability as a guarantor nf principal and
interest on i83,(H3,600 bonds; annual liability additional on guarantees of interes' or rentals, $13, 86'J,31".
On all operations east of Pittsbiirg, in 1874, the report
shows a net surplus of $3,1I>8.:W2 over all payments,
including dividends. The following is a comparison
forf'-ur years on main line and branches in Penn-

placed in

O-weiwboro

Memphis.

1,000

40
287
287
287

do
do

<ft

000,000
1,000,000
1,500,000
621,000
1,170,OOO
1,324,200
500,000
300,000
8OO.OOO
400.OOO
300,000
6,048,700
2,4OO,OOO
l.OOO.OOO
5,000,000
3,OOO,OOO

500 Ac

1OO Ac
100 Ac
100 Ac
50
50

98

Germany. After default in 1873, proposition offered
by Ben. Holl.day, President. (See V. 19, p. 480.)
Ottw'go c Rome Ope'ated by the Rome, Watertown <fc O?ilcnhiirs at 8 per rent on $30 ',000 stock
and interest on first mortgage bonds.
Q*weqo <ft Sijrat^tae. Leased to Del. Lack. & West,
for interest on bo;ids and 8 per cent on stock.

'ti

1, '-'00,000

1859
1869
1866

Plain bonds, loan

California.

100

100

PhUadefphtOj Wlltninf/ton

&

1,000
1,000

1,000

1843-9

(ii-nnantmrit:

do
do

1,000

50
50

do
sterling
do
do
East Pennsylvania 1st mort., sinking fund
Loan mortgage, sterling
Loan debent lire
Loan mortgage
Consolidated mort., dollar loan, coupon or reg
do gold, dollar or sterling
do
do dollar loan, gold
do
Debenture loan (convertible 1876-92)
Improvcm't mort. (dollar or sterling) sink'g fund.
Gen. mort., sterl'g, sink'g fund, (for $60,000,000)
Coal A Iron ( 'o., guaranteed mortgage
Trenton

1873

4,970,000
19,934,760
5,201,675
29,550,000
3,000,000
8,ooo;ooo
7,195,000
1,083,000
519,000
1,5OO,OOO
1,500,000

36
36
10
287

do
do

if

70,925,801!

100

Preferred stock
Loans Inconvertible
Loan mortgage, convertible

Philadelphia

50

82

Phttarlelpli la

I'hilailrlfilti't,

1,070,000
3,800,000

I

1st mort. (Pa)

Halt. Ventral

.-,00.0(1(1

l.OOO

82

2d mortgage (Pa.)
1st mortgage (Md.)

!

N.

fu.

When Doe.

pal,

and by

Pauililr,
v

Payable

MA

10,950,000
350,000
200,000
793,400
201.OOO
1,500,000
7,OOO,OOO
7,OOO,OOO
2.7OO.OOO
HOO.OOO
7OO.OOO
1 ,50O,OOO

1,000
1,000

1864
1870
1867
1873

901s

Cent.

6

1870

1873
1873
1873
1866
1866

44
44
105
105
46
46
83

2d mortgage

it:

'.00

69.'70

.

1'eoria < Bureau Valley Stock
1st mortgage, guaranteed
Feoria, Fekin <t Jackmincillr -1st mortgage
PenriaitRockf. 1st.mort. (after $150,000 lOs)

Philadelphia

100

When Where

pc,r

)

50
50

<

Rate

$546,000

500.OOO
2,OOO,OOO
9OO.OOO
5OO.OOO
1,541,000
7,OOO,OOO
2.79J.OOO
1.190.OOO
1,2OO,OOO

1,006
l.OOO

K(i!l

2d mortgage
Pennsylvania <C Xcw York 1st mort., guarau
1st mortgage, guaranteed

Prrkiiinmn 1 st mortgage
Consol. mortgage, gold, sinking fund.
Petersburg Stock.
1st mort. bonds (payable $25,000 yearly)

l.OOO
1,000

355

. .

Pennq/lva
Preferred stock
1 st mortgage, gold, (held by Pennsylvania RR.)
Delaware 1st mortgage
Pennsylvania

Partite

500 Ac

St.

PcHiiimilttr (.Mich.) 1st mort., gold, sink, fund
I't inisi/lrania
Stock
1st mortgage
General mort.. Ph. to Pitts., coup, and reg
State lieu (pay'ble ill annual inst'lm'ts of $4<>O,OOO)
Consolidated mortgage, gold (for $1OO,000,OOO)
in Co. Common stock

Ortgon

1,000
l.OOO

1871
1872

(depot)

Louis County (nobqnda)
hiriHiH bonds, (guaranteed Atlantic & Pacific)
New mortgage income (for $10,000,000)
Carondelet Branch, 1st mortgage
Improvement bonds, guur. (held by At. A Pa<!.)
I,c\. >t St. Louis bnincli, 1st mort., gold, K"ar
Leavenworth, Atcb. A N. W., 1st mort., guur
I st mortgage, gold
1'atl itcah if Meinph is
Panama Stock
General mortgage, sterling
Purls if- Danville. 1st mortgage
Paris if Decatiir, (Ills.) 1st mort., g'd, sink. I'd
J'alerson if Naearbltt mort., giiar. by Erie
I'ekin, Lincoln it Deeatur 1st mortgage

st

500 Ac

1872

i-:.

M
$.~M,OOO per
mortgage (sinking
bonds
Heal estate

1

l.OOO
1,000

18(iG

2'actfic

Debt to

any error dlneorered IB the Tab
ond
INTEREST OK HI VI lil.MiS.

will confer a great favor by giving Immediate notice ol

DESCRIPTION.

xxv

com

$5,:SO,c-5

l.SM.'TO
&.T23,77?<
1,551,800
58,156,138

V.

19, p.

Philadelphia <t Tn^lon. Leased to Pennsylvania
Railroad with United New Jersey companies at 10
per cent on stock.
Pht'.'idt-'phla.

Gfrmantown

Leased
Reading at 12 per

it ??orri*loicn.

for 999 j ears to Philadelphia
cent, on stock.

&

Wilmington A Baltbnnrt. Net earn
ending Oct. 81, 1874, $1,170,64), and surp
income above payment of 8 per cent dWdenl",
Last annual report In V. 20, p. 818, lot!
$182.611.
Ings, year

1

,'-

XXVI
^

.

RAILKOAD STOCKS AND BONDS.

[Octo'.er 30, 1875.
^.

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

_
_

October SO, 1875.]

RAILROAD STOCKS AND BONDS.

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

DE8CRIPTIOK.

XZTll
'I

1.1.

.

RAILROAD STOCKS AND BONDS.

xrv in

Subtcrlberft will confer a great favor by giving

DESCRIPTION.

Immediate notice

ol

[Octoter 30, 1875.

any error discovered In these Tables.

October iO, 1875.]
MM..., rib

-i

RAILBOAD AND CANAL STOCKS AND BONDS.

will confer a greai favor by giving

DESCRIPTION.

Immediate notice

ut

xxiz

muj error discovered In lhe*e Table*.

xxx

CANAL AND MISCELLANEOUS STOCKS AND BONDS.

[Oct. 30, 1875.