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>4
OP THE
COMMERCIAL AND FINANCIAL CHRONICLE.
!
PUBLISHED
THE
ON
LAST
MONTH
EACH
OF
SATURDAY
Famished Gratis to all Subscribers of the Chronicle.
D. C.l
[Entered according: to act of Congress, in the year 1878. by Wm. B. Dana & Co., in the office of the Librarian of Congress, Washington,
NEW
SEPTEMBER 28, 1878.
YORK,
ABSTRACT OF CASH-LAND COMMISSIONER.
SUPPLEMENT
INVESTORS’
,—Kansas Pac. Trust—, ^-Danv. Exten.Trust-%
Six mos.
of 1878.
OF THIS
Camnwrinl anit jfinanrial
The
Supplement is issued
on
Rectipts.
Deposits from purchasers...
Cjjrnmclt.
Total
sold at the office, as a sufficient supply is
One number of the Supplement is bound up
are
B.
DANA
&
CO.,
line; adver¬
IN
The bondholders of the latter
the lands in satisfac
of this company is divided into
Kansas Pacific trust embracing
,—Kansas Pac. Trusts r-Denv. Exten.Trust—*
Sales.
Six mos.
of 1878.
Acres sold
132,071
Total to
June 30,’78.
$3 81
582,207
$3 32
amount.
$504,317
$1,955,892
acres.
16,439
$46,911
46,261
Deductions.
Sales cancelled
$17,787
$....
$761
41,155
To al amount
Discount on sales
Interest on anticipated paym’ts.
Total deductions
Net Sales.
Acres
Total amount....
Income:
Forfeitures on cancelled sales..
Interest on land notes
95,737
$589,436
91,594
991
11,192
$94,164
$392,223
115,631
$11,137
10,758
•
Six mos.
Total to
of 1878. June 30,’*8
680
$5 12
$3,480
•
.
•
$....
....
$.
4S6,470
$1,563,668
$43,516
91,894,
40,289
$5 40
$217,618
,
Sales and Income {Net).
Cash
Notes
Total
,
,
134,211
$178,112
$899,306
$3,590
$134,976
$340,353
$3,590
$181,211
$117,411
,434
$
$178,112
$:...
B.mds cancelled
Bond interest
Paid Tieasurer
(face $376,750).
•
...
Total disbursements
Cash on hand June 30
♦
cost 34
,
•
•
18,869
•
63.000
230,757
$63,000
130,890
$709,472
..
$800
1,841
$2,641
40,129
$3,480
$214,977
134
$165
26,790
...
$24,541
...
•
•
•
•
•
•
*
*110,960
5,045
37,800
...
$
5,864
$178,346
.
....
Face value $ 119,000.
Sept. 15, 1878, land notes on hand were reported
and the sales since Jan. 1. 1818, had ihen been 150,964 acres, for
$530,807. The first mortgage land bonds ou standing June 30 were $1,623,250.
This company has a relatively small quantity of lands known as
Con¬
gressional” grant lands, and extra lands beyond the 380th mile-post not sub¬
ject to the Denver Exten:ion mortgage. A summary of all the grants is as
In ihe Kansas Pacific trust,
at $865.7 4.
follows:
INVENTORY OF LANDS.
original
possession.
573.900
Congressional Trust
Kan-as Pacific Trust
Denver Extension Trust
580th to • 90th mile-post
..
577,715
486,470
2,SC3.gl8
2,911,001
.
.
No. acres
unsold on
June 30,
1878.
Net acres
sold to
date
No. of acres,
3,825
1.816,748
40,129
2,870,873
178,720
1,101345
4,862,517
..
Total
5,966,8 2
In the Congressional trust lands there are 60.525 acres in addition to the
above, which are in dispute, and 105,199 acres in the Kansas Pacific trust.
UNION PACIFIC.
The latest official statement of the land
of this company was issued August 13:
department
Total sa’es reported Dec. 31, 1817
Sales from Jan. 1 to Aug. 13, 1878
1,318,279
245,352
Total
Average rer
1,507,672
Amount of
Less
Amount of
Safes.
$5,717,127
1#49,20S
$8,966,333
$4 44 3-10
acre
land-grant bonds issued
$10,400,010
.
—
Cancelled to Dec. 31, 1877
Cancelled to Aug. 13, 1878
$3,076,000
179,003—
Outstanding Aug. 13, 1878
Total amount
$3,601,467
£03,000
469,035
applicable to redemption of bonds
Amount of bonds to be
3,255,000
$7,145,COO
;
Contracts outstanding
In erest accrued
Cash on hand
4,878,502
provided for
$2,286,497
There remained in the hands of the company
11,232,328
acres
unsold.
PACIFIC.
The last statement is to
the land-mortgage trustees
May 13, 1878; subsequently
called for $1,100,000 land
bonds, to be redeemed at par or under.
Land-grant mortgage
cauce.
led
$10,030,000
1,136,000
;
Outstanding bonds
...
Cash on hand May 13. 1878
Notes on hand May 13, 1878
*
.
Total
,
3,590
160
680
$
,
•
840,363
Expenses
Bonds
$410,152
•
178,11*2
CENTRAL
,
•
Acres.
post, originally about 2,000,000 acres, and the second or
Denver Extension trust embracing the lands west of the
380th mile-post, about 3,000,000 acres.
The following
tables show the operations up to the 30th of June, 1878:
Average price per acre
$....
Number of
the lands from the eastern terminus to the 380th mile¬
Total sales
$184,976
Disbursements.
KANSAS PACIFIC.
trusts, the first or
$3,590
Receipts.
SEPTEMBER.
company have just voted to accept
tion of their overdue interest.
The main land grant
$890,3)6
24,954
ABSTRACT OF CASH —TRUSTEE.
good demand for investment securi¬
ties in the latter part of September, particularly for
railroad bonds, at very firm prices. The popular takings
of 4 per cent governments have shown a material
decrease from the volume of subscriptions in August.
In regard to the Pacific Railroad land grants, as the
matter now stands, purchasers can pre-empt the unsold
lands conditionally, and they must pay for them hr
actual cash $1 25 per acre, which is held for the com¬
panies, subject to the final decision of the question by
In view of the great interest
the United States Courts.
which attaches to the subject, a summary is given below
of the condition of the land grants on the three principal
roads. The other companies subject to the operation of
the Secretary’s decision are the Denver Pacific, the
Sioux City & Pacific with a small grant, and the Central
two
$177,612
Remitted to C. & H
Remitted to Trustee
Total disbursements
a
Pacific.
102,433
Deposits from purchasers adjusted
From Land Commissioner
Branch Union
134
776
Disbursements.
Publishers.
79 dk 81 William street.
INVESTMENTS
$764
...
2 <6 23d
the last Saturday of each month, containing
with the Financial Review (Annual) for 1878.
Transient advertisements are inserted at twenty-five cents per
tisements by the quarter, six months or year, at special rates.
There has been
21,400
$
56,824
Interest on notes
Notes collected
complete exhibit of the Funded Debt of States and Cities, and of the Stocks
and Bonds of Railroad and other Companies.
It is furnished without extra charge,to all regular subscribers of The
WILLIAM
$18, !90
504,178
8 ',701
...
2,680
Sales and forfeitures
a
Chronicle; no single copies
printed for subscribers only.
S
148,445
9,76 i
t.
Six mos.
Total to
of 1878. June 30,78
Total to
June 30,’78.
$21,895
$135,410
$134
$26,955
$156,212
275,836
$584,879
l,114,iy8
$2,814
too
$81,778
160,154
$432,048
$1,693,073
$3,614
$241,933
Land grant
Estimated number of
Acres.
acres
Land sold from
acres,
at an
cf land unsold
May 1, 878
$8,864,000
$1,109,242
1,696,942
$2,806,181
11,722,400
11,143,545
May 1, 1877, to May 1, 1878, 124,126
average of $12 65 per acre.
iv
INVESTORS’ SUPPLEMENT.
PRACTICAL.
COXCLVSIONS FOR
(For Explanations
AND
COMPANIES,
CHARACTERISTICS
OF
Amount of
BONDS
OUTSTANDING.
Bonds
Out¬
standing.
Southwest Pennsylvania—
1 1st
mortgage, 7s, 1903
Charge
B.
$
$
70,000
21,000
Summit Branch—
l
1st mortgage, 7s, 1904
800,000
56,000
Sussex—
i
1st
mortgage, 7s, 1903
236,500
16,555
Syracuse Binghamfou AN. Y.—
l
2d rnort., 7s, ’87 (now 1st
M.).
2 Consol,
mortgage, 7s, 1896..
270,000
18,900
1,750,000
122,500
Terre Haute A
Indianapolis—
mortgage, 7s, 1879
1
1st
2
Mortgagee! 1873, 7s, 1893...
Texas & Pacific—
t 1st
mortgage, 6s, gold, 1905
2 2d
mortgage, 6s, gold, 1905...
3
Income and I’d mort., 7s, 1915
..
Toledo Peoria & Warsaw—
i 1st
mort. (Bun. Div.;,
7s, 1881
2 Consol,
mort., 7s, 1910
800,000
56,000
800,000
56,000
3,552,000
7,548.000
213,120
452,880
5,533,000
387,310
250,000
6,200,000
17,500
434,000
Troy A Boston—
3
1st mortgage, 7s, 1887
2d mortgage, 78, 1895
Convertible, 7s,
1682
Consol, mortgage, 7s, 1924
Union Pacific—
l let
mort., 6s, gold, 1896-99..
2
Sinking fund, 8s, 1894
3 Land
grant, 7s, 1887
4
Omaha Bridge, 8s, gold, 1896.
United New Jersey—
1
Mts., Ac. (Joint Co.),6s, ’80-’89.
2 Bonds
(N. Jersey), 6s, 1878
3 Bonds
iN. Jersey), 7s, past-due
4 Morts.
(United Co.), 6s, stg.,’94
B Morts.
(United Co.),6s. ’83A’94
6 Consol,
mortgage, 6s, 1901
Utica & Black River—
i 1st
mortgage, 7s, 1878
2 New
mortgage, 7s, 1891
1
4
...
75,500
44,000
650,000
1,380,000
5,285
3,080
45,500
96,600
27,231,000
1,633.860
14,045.000
7,324,000
1,123,600
2,225,000
512,680
178,000
7,880.116
450,000
472,806
100,000
3,646,000
7,000
218,760
129,240
340,140
2,154,000
5,669,000
200,000
912,000
2
4
5
Mort., 7s,’90,1st
do
do
do
do
do
do
ser., end. red
2d ser., end. blue
3d ser., end. bl’ck
4th ser., not end
Special (funding), 8s, 1880....
Wabash—
i
2
3
1st M’s. (divis’nal),7s,’82 to’90
2d M’s. (divis’nal).
7s, ’78 A ’93
Consols (T. W. & W.), 7s, 1907
4
Mortgage notes, 7s
Warren—
i
2
2d (now 1st) mort., 7s. 1900...
Consol, mortgage, 7s, 1905
Washington
City Va.Mid.A Gt.S.—
i 1st
morts.(sect’nal),6s, 7s A 8s.
2
2d morts.
3
(sectional), 7s & 8s
Funding mortgages, 7s
.
West Chester &
Philadelphia-—
l 1st
mortgage, 7s, 1891
Western Railroad of Alabama—
1 1st mort.
(M.AW.P.;, 8s,’78-’81
2
3
lsfcmort. (Western), 8s, 1888
2d mort. (West’ll),
8s,’90, guar
.
Western Maryland—
l 1st
mort., 6s (part end.), 1890.
2 2d
mort., 6s (endorsed), 1890
3 2d
mort., 6s (preferred), 1895.
4 3d
mort., 6r (guar.), 190u.
& 4th
M„ 6s (for Balt, st’k), 1902
Western Pennsylvania—
.
...
l
1st mort. (main line),
6s, 1893
1st mort. (Pittsb. Br.j, 6s, ’96.
3 General
mortgage, 7s, 1901..
West Jersey—
2
i
2
3
Debenture, 6s, 1883. guar
1st mortgage, 6s,
1896, guar..
Consol, mortgage, 7s, 1899
Wilmington A Weldon—
i
Sterling, 6s, 1881
2
Sterling, 7s, 1886
3
Sinking fund, 7s, gold, 1896
Worcester A Nashua—
1
Debenture, 6s, 1881
2
Debenture, 6s, 1887
3
Debenture, 7s, 1893
4
Debenture, 7s, 1895
719.500
850,000
145,000
1,164,700
217,400
Earnings.
Int’ r’stthatcai3
Total
Amount.
25 per een t
D.
$
E.
$
Le88
131,687
paid frou}
m it
881547
all
earning ®
over
Remarks.
sau
interest.
G.
$
70,000
■
61.687 Leased to Penn.; rental, net
88,547 earnings. In 1876-77 paid
70,650 6 per cent to stock.
105,488
70,000
45,791
all
all
all
21,000
40,055
21,000
33,176
13,724
all
all
56,000
56,000
200,542 The Summit Br’ch. is a Coal
41,240 Co. operat. Lykens
Val.RR.,
26,679 for which it pays $62,500.
16,555
16,555
18,629 Used chiefly for transp’n of
20,018 ore, but has goodgen’i busi-
34,724
1875
1876
1877
256,542
97,240
26,679
1875
1876
1877
35,184
26,388
36,573
27,430
28,023
1875
1876
1877
194,891
164,849
142,647
1875
1876
1877
355,955
276,345
1875
1876
1877
393,509
672,743
691,007
518,255
l
1875
1876
1877
211,172
158,379
l
103.099
77,324
i
108,384
81,288
159,117
371,714
.
of
ne t
all
1875
1876
1877
37,364
,
total
F.
140,650
61,055
54,176
earnings
le ss 25 per ct
Balance
$
98,765
66,410
40,632
26,043
192,407
72,930
20,010
.
295,132
504,557
186,839
1875
1876
1877
7,011,784
7,875,011
7,396,384
5.258,838
5,906,258
5,547,288
1875
1876
1877
3,275,807
5,074,016
2,456,855
3,805,512
Earn’gs incl. the ferry, which
is
a part of the
property
represented by the bonds.
all
16,555
all
141,400
18,900
18,900
53,491 D.L. AW. owns over 7e of st’k.
145,949 $40,000 betterments in ’77.
123,747
112,000
259,714 Formerly pooled
through
243,955 traffic with Ind. A St. L. line.
164,345 Div. reduc. from 10 to 6 p. c.
all
all
all
207,259
249,118
,
l
278,786
174.819
.
l
266,967
212,156
233,092
.
21.000
all
all
146,169
123,637
106,985
1875
1876
1877
2,732,995
112,000
112,000
l
213,120
213,120
213,120
i
17,500
17,500
|i
17,500
all
all
all
all
all
all
150,465
150,465
150,465
3,448,140
3,448,140
3,448,140
20,b09
Willbeext.toN.Y.line.
ness.
180,389 Bonds stated
organization.
459,623
477,887
193,672 Bonds stated
85,599
organization.
90,884
as
under
as
under r&-
3,563,644 After paying 12
4,426,871 dividends of 2 per quarterly
cent, the
3,948,244 July (1878) div. was passed,
all
all
all
2,049,746
1,194,946
1,194,946
1,194,946
2,080,861 Leased to Pennsylvania RR.
3,879,070 Co. for 10 per cent on stock,
1,538,019 lessees assuming all liabilities and paying all ex.-
251.583
204,689
1877
50,365 1875
59,500 1S70
10,150 1877
81,529
17,392 !
243,788
188,687
153,517
182,841
all
all
all
77,840
77,840
77,840
107,072
175,981
80,304 l
131,986 lto3
50,365
120,015
105,829
1
79,372
50,365
•
173,743 Extension from Morristown
126,849 to Ogdenaburg, 10*62 miles,
165,948 has been completed.
56,707 Interest actuallv
55,966 ’75, $80,973; ’76,
55,464 and ’77, $77,177.
endorsed bds
arc
paid-in
$110,436,
The nonincomes.
1
657,930
5,000.000
350,000
182.700
2,610,000
1,026,555
750,000
600,000
4,700,000
950,000
|
1875
1876
1877
52,500
298.500
1,579,569
72,500
110,570
1,100,000
77,000
all
all
1877
223,637
173,180
123,463
167,728
94,500
all
94,500
129,137
1875
1876
401,612
301,209
l
298,500
103,112
1877
314,242
235,682
1875
1876
1877
157,919
167,969
lie,462
125,977
600.000
48,000
96,000
1876
1877
600,000
36,000
600,000
600,000
875,000
36,000
36,000
1875
1876
1877
164,617
145,154
60,808
121,088
100,524
....
i
75,393
84,109
1875
182.059
60,000
1876
1,200,000
84,000
1877
203,999
184,442
400,000
24,000
60,000
70,000
1875,
1876
1877
293,288
267,636
203,59 4
38,922
15,498
1875
1876
1877
269,509
238,977
156,908
1875
1876
1877
170,875
144,688
72,181
28,000
all
all
all
l
112,145
48,000
400,000
94,500
136,406 Leased in perpetuity to Del.
70,117
Lack. A West, for 7 percent
on
77,000
77,000
77,000
.
.......
60,000
60,000
stock and bonds.
In hands of receiver since
July 1, 1876.
Consolidatioii of all bonds proposed.
314,242
90,816
74,474
72,260
800,000
1,000,000
16,500
17,500
45,606
99,298
96,3 46
52,500
66,000
250.000
108,866
657,930
80,949 Leases West Chester Rail90,969 road, 9 miles, at 6 per cent
68,154
on
stock.
60,808 Sold in 1875 and purchased
jointly by G t. A C. of Ga.,
61,088
40,324
which pay
int. not earned.
,
1,100,000
4,500
602,905 Successors of Tol.Wab.
AW.,
Jan. 1,1877. There are also
598,182 about $3,015,000 funded
debt bonds and scrip.
855,812
230,906
1,200,000
75,000
275,000
........
1875
1876
1875
52,430
657,930
....
942,084
60,000
618,700
221,400
749,000
1
6 41,859
1
750,000
1,000.000
945,626
1,256,112
71,858 !
42,000
1,260 835
855,812
1A2
1A2
1A2
72,000
72,000
72,000
27,298 Funded coupons, due 1880,.
24,346 not included in bonded
40,145
debt.
-
'
_
136,544
1A2
1A2
1A2
108,000
108,000
108,000
74,059 Leased August 1, 1865, to
95,999 Penn. Railroad Co.
219,966
200,727
152,696
all
all
154,000
139,238 Derives its chief revenues
113,636 from the Cape May passen119,594 ger traffic.
202,132
all
all
all
153,000
138,332
179,233
117,681
128,156
108,516
54,136
1&2
all
all
ito3
154,000
81,000
106,850
106,850
106,850
66;500
66,500
38,500
76,442
162,659 The net earnings in 1874
132,127
were $312,970, or double
50,058 the amount for 1877.
104.375
78,183
Leases Nashua A
33,681
Rochester,
earnings of which are
included since Apr. 1.1876,
the
and rental is deducted.
-
Note—These tables are intended to show the railroad
bonds on which interest lias been earned
by the roads themselves on which the bonds
secured, and not those on which interest is paid
by lessees without being earned. In the first column,
giving names and description, the small
figures at the left are 6imply for reference in the
subsequent column “ F.” In the first column of figures, “
bonds of the road is given; in the column
A,” the total outstanding amount of
“B,” the annual interest charge on such
bonds; in the column “C,” the last three years for which
earnings have been reported are given, the fiscal
year of the company in each case
being intended; the column “D” shows the total amount ct
*true net earnings, after
deducting taxes, “extraordinary’* expenses, and all such as are
necessary to the operation of the road; the column “ E *
shows 75 per cent of such net
earnings, which is assumed as a purely arbitrary basis which will make the list “
the particular classes of
gilt-edged;” column “F” shows
interest, in the order of their priority, which can be
paid out of the 75 per cent of net earnings in each
OG” shows the surplus of
year; the column.
total net earnings (those given in column
“L”), after paying the classes of iuterest
are
re-
61,691 Four per cent has been
paid
82,627 to stock for 5 years.
In
98,653
1871-72 6 per ct.’was paid.
penses.
14,000 1875
63,840 ! 1876
9,399,000
1,000,000
..
Foot-Note.)
but 1*2 paid Oct. 1.
27,000
yick8burg A Moridian—
1
3
1875
1876
1877
i
1
2
INVESTORS.—Concluded,
)
C.
1
300,000
Net
Fiscal Year.
on
said Bonds
A.
1,000,000
Staten Island—
i 1st
mortgage, 7s, 1889
Annual
Interest
see
[vol. xxvn.
specified.
BOND TABLES.
STOCK AND
NOTES.
f
expressly Intended to be used in connection with the information concerning Investment matters, published frmu week to
week in the Chronicle—to which an index is furnished in the remarks at the foot of the tables. Annual reports are in black-faced figures.
A full description of U. 8. Government Securities is published regularly in the Chronicle each month, as soon as the official “ Debt State¬
These tables
are
ment” is issued.
*
,
Prices of all Stocks and Bonds are quoted weekly in the Chronicle.
The following will give explanations of each column of the tables below:
Description.—Railroads leased to others will often be found under the lessee’s name. The following abbreviations frequently occur, viz.: M. for
s. f. for “ sinking fund,” 1. gr. for “ land grant,” reg. for “ registered,” coup, for “ coupon,” Br. for “ Branch,” guar, for “ guaranteed,”
“mortgage,”
end. for “ endorsed.”
“ Coupon*” indicates that the bonds are coupon, but may be registered.
Date of Bonds.—The date of issue on the face of the bond is referred to in this column.
Miles of Road— Opposite Stocks, this means the miles of road operated, on which the
by the mortgage.
earnings are based; opposite bonds, the miles covered
Size or Par Value—These figures are dollars, showing the denominations or par value. The figures “ 100, &c.,” signify $100 and larger.
Rate Per Gent.—The interest per annum is given for bonds, but the per cent of last dividend for stocks; g means gold; x, extra; *, stock or scrip.
When Payable.—J. & J. stands for Jan. & July; F. <fc A., Feb. & Aug.; M. & S., March & Sept.; A. & O., April & Oct.; M. & N., May & Nov.; J. &
D., June & Dec.; Q.—J., quarterly from January; Q.—F., quarterly from Feb.; Q.—M., quarterly from March.
Bonds,principal when due; Stocks, last dividend.—The date in this column shows the period when the principal falls due of bonds, but the tim*
M//IL ft’
when the last dividend
was
H/l/liO y
t
paid
on
vviOl
stocks.
STATE
Subscribers will confer
a
Date of
Bonds.
DESCRIPTION.
For
explanations see notes above.
Alabama— Substitution bonds (A) ($7,000,000).
Substitut’n b’ds for RR. (B) ($590,000)
do
for Ala. & Chatt,
Educational funded debt
Funded “ obligations ”
(C) ($1,000,000)
1876
1876
1876
1874
Arkansas—funding bonds of 1869 and 1870... 1869 to ’70
Funding Bonds 1870 (Holford)
.
Levee bonds (or warrants)
Old unfunded debt, including interest
Ten year b’ds, Act May 29.’74
Secured sinking fund bonds (Act. Dec., 1874)
To Memphis <fc Little Rock Railroad
To Little Rock & Fort Smith Railroad
To Little Rock, Pine Bluffs & N. Orleans RR..
To Miss., Ouachita & Red River Railroad. 4...
To Arkansas Central Railroad
State scrip
California— Soldiers’ relief
State capital bonds
Funded debt bonds of 1873
Connecticut— War bonds, 20 year
l Coupon
War bonds,' 20 year
>
or
do
not taxable, 20 year..) regist’d.
New bonds, coupon, 10-20 year
Dist.of Columbia— Perrn’t imp’t, gold, coup
Permanent improvement bonds, coupon
Fund, b’ds (U.S. guar.,Acts June,’74&Feb.,’75)
Market house bonds, coupon
Water stock bonds, coupon
Wash.fund’g, gld,($660,000 M.&N.,due 1902).
Washington ten-year bonds (Bowen)
Other Washington debt, reg. stock
Corporation or Georgetown, registered stock.
Florida—State bonds
Consolidated gold bonds ($300,000 are Is)....
Loau to Jacksonville, Pensacola & Mobile RR.
Georgia—Atlantic & Gulf Railroad bonds
Bonds, act of Mar. 12, ’66 (renewal W. & A.)..
Quarterly gold bonds, act of Sept. 15,1870..
Bonds, act of Jan. 18, ’72
Bonds lor funding (Act Feb. 19, ’73)
Bonds to fund coupons on endorsed bonds...
Bonds exchanged for endorsed RR. bonds
1870
1871
1838 to ’39
1874
1875
1869
1870
1870
1870
1870
1863
1863
1870 to ’72
1873
1863
1864
1865
1877
1872
1873
1874
1872
1871 to’73
1872
1869
1828 to ’68
......
-1871
1873
1870
1858 to’66
1866
1870
1872
1873
1876
1877
Illinois— Refunded stock bonds
Normal University bonds
Thornton loau bonds
War bonds
Bonds, short loan
School fund bonds (non-negotiable)
Iowa—War and defense bonds
Kansas— Bonds, 1861 to ’69, funding,
Bonds for various State purposes. T.
&c
Military loan
.
Louisiana—Bonds for relief of State Treasury
Bonds in aid of various railroads
Levee bonds—Act 35 of 1865
do
Act 115 of 1867
do '
special—Act 32 of 1870
Bonds funding counons.
do
to Boeuf & Crocodile Navigation
do
issued to State Penitentiary
Alabama.—The State gives 30-year
.
Co...
bonds, dated
July 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, with¬
out any allowance for past-due coupons.
Ala. &
Chat, endorsed bonds are exchanged (for $1,000,000
of the new bonds, class C, which bear 2 per cent
for five years and 4 per cent for remaining 2» years).
For
railn ad
bear 5
endorsements
percent.
the
bonds
issued
An analysis of the debt and fund¬
ing operations is in V. 24, p 28. There were
$3,705,(0) of railroad obliea ion® urprov ded for in
the •‘adjustment.” The value of all taxable property
is about $160,000,000;
tax rate, 7 mills.
The as¬
sessed valuation of real estate in 1876 was $86,874,212.
(V. 23, p. 39, 40, 897, 622; V. 24, p. 28, 420; V.
27, p. 94.)
Arkansas.—'The Sta’e Supreme Court has decided
Levee bonds of l^i9 and !87o invalid. Rate of tax¬
ation, 10 mills. The State is in default for interest,
except on the ten per cents of 1»74 and secured
sinking fund bonds, issued under the law of Deccm
her, 1874. Assessed valuation of taxable property,
$94,095,243. (V. 23. p 174; V. 24, p. 88, 42c, 46o, £64;
’v. 25, p. 161; V. 27, p. 15, 40.)
California.—The State holds intrust for School
and University funds the *500,000 Capitol bonds
and $2,063,000 of bonds 1873.
Total valuation of
property, 1876 aDd 1877, was as follows: Real estate,
$418,840,023 in 1877, against $454,990,351 in 1876;
personal property, $199,243,292 in 1877, against
$139,317,69j in^l87e—total, L$618,083,315 in “1877,
Size
or
Outstanding
$100&c.
$6,216,600
100 &c.
100 &c.
536,000
....
1,000
1,000
100 &c.
....
....
....
1,000
1,000
1,000
1,000
1,000
....
500 &c.
....
500 &c.
1,000
1,000
100 &c.
1,000
500 &c.
....
50 &c.
50 &c.
1,000
100 &c.
....
.
.
.
.
....
....
1.000
1 000
500
500 &c.
1,000
^000
250&C.
1,000
1,000
1,000
1,000
1,000
1861
1861 to ’69
1861 to ’75
1864 to’65
1853
....
....
io’o"&c.
100 &c.
....
500
1,000
1866
1867
1870
1866
1870
1869
1,000
1,000
500
100 &c.
1,000
1,000
any error
515,000
2,810,670
i;ooo;ooo
1,886,000
1,316,000
1,986,773
1,985,955
258,300
375,000
1,200,000
1,000,000
1,200,000
600,000
1,350,000
1,353,120
95,500
500,000
2,801,000
877,000
1,318,500
1,741,100
1,031,000
4,000,000
670,000
13,743,250
150,000
431,000
1,810,000
279,000
786,100
251,500
Rate.
2 &c.
5
2 &c.
8
6
6
7
Where
When
New York.
do
July 1,1906
do
July 1.1906
Montgomery.
July 1,1884.
N. Y., Union Trust Co.
1899
1900
1900
& J.
& J.
& J.
J. & J.
J. & J.
J.
& J.
J.
A.
A.
A.
A.
A.
&
&
&
&
&
&
Due.
Whom.
Payable
J.
J.
J.
Principal—When
Payable and by
Julv 1. 1906
do
do
...
10
6
7
7
7
7
7
1884
J. New York, Latham, A. & Co.
N. Y., Union Trust Co.
O.
do
do
O.
do
do
0.
do
do
0.
do
do
0.
1899“
1900
1900
1900
April, 1900
5 & 8
7 g7 g6 g.
6
6
6
5
6 g7
3*65
7
7
6 g6
5, 6, 7*3
6
7
923,100 7 & 6 g.
8 g.
4,000,000
6
800,000
7
3,600,000
7 g2,097,000
7
307,500
8
800,000
7
542,000
6
2,298,000
6
224,000
6
23,000
6
86,000
6
142,300
6
200,000
6
510,000
6
3,904,783
7
300^000
6
101,175
7
739,000
7
289,000
6
63,500
284,000
6
8
57,000
6
112,000
8
49,000
6
49,500
80,000
8
350,000
12,000
discovered In these Table*.
INTEREST.
Amount
par
Value.
100 Ac.
1876
1876
Indiana— Bonds, short loan
SECURITIES.
Immediate notice of
great favor by ^Ivlnar
7
1883
J. & J.
Sacramento, Treasury.
1885
do
do
J. & J.
1893
do
do
J. & J.
Jan. 1, 1883
J. & J.
Hartford, Treasury.
Jan. 1, 1884
do
do
J. & J.
Oct. 1, 1885
do
do
A. & O.
do
do
M. & N.
May 1, 1897
J. & J. N. Y., First National Bank.
July 1,1891
do
do
J. & J.
July 1, 1891
U. S. Treasury.
F. & A.
Aug. 1, 1924
J. & J.
July 26,1892
Washington, D. C.
do
Oct, 1.1901 to ’03
J. & J.
1892 & 1902
J. & J. New York and Washington.
Jan. 1, 1879
J. & J.
Washington, D. C.
At pleasure.
do
Various
do
1879-’84
Q.—J.
N. Y.t Importers’ & Tr. B’k.
do
Jan. 1,1903
do
J. & J.
J. & J.
1881 and 1886
F. & A. N. Y., Fourth National B’k.
do
do
J. & J.
May, 1886
do
do
Oct., 1890
Q.-J.
do
do
J. & J.
July, 1892
do
do
A. & O.
April 1,1879 to’86
do
do
July 1, 1896
J. & J.
do
Jan. 1, 1889
do
J. & J.
Various
J. & J. N. Y., Am. Exchange Bank.
do
do
Jan., 1880
J. & J.
do
do
M. & S.
Jan., 1880
do
do
Jan., 1880
J. & J.
Dec, 1,1879
New York.
J. & D.
do
A. & O.
April 1, 1879
Various
J. & J. New York/Kountze Bros.
July
1831
1883 to’84
N. Y., Donnell, L. & Co.
July.
do
1878 to ’99
do
J. & J.
1884 to’99
do
do
J. & J.
J. & J. $15,000 1
July, 1893
1872 to 1906
Various 119,000
1886
Amounts
not
Various
M. & N.
fundable, per
May 1, 1907
March 1,1875
M. & S.
| report of Jan.'
1886 & ’88
J. & J.
1, 1878.
Jan. 1, 1890
J. & J
80,000
March 1,1909
M. & S.
J
* 1**
........
Governor’s Message, V. 24,
152; V. 25, p. U8, 162.)
Illinois.—There is also about $300,000 of int.
against $595,073,177 in 1876.
Tax rate for 1876-7,
73X cents per $100.
Connecticut.—The debt of Connecticut was all
created originally for war purposes. Assessed va'ne
of real ana personal property, 1877, $344,406,977;
rate of taxation,
mills. (V. 24, p. 887 )
tax in 1877, five mills.
p. 89. (V. 24, p. 89,
District of Columbia.—The total assessed value
of taxable real estate in 1877 was $97,609,890; per¬
sonal property. $21,(00,000. The interest on the 3-65
bonds is provided for by Congn es. See law of 1878,
V. 2k p 599 (V. 2*2, p. 131; V. 23, p. 542; V. 24, p
revenue.
39; V. 26, p. 599; V. 27, p. 303.)
Florida.—Less the sinking fund of $130,700,and J.
P. and M. le an, the total debt is $1,284,110, which
does not include $182,000 bonds of 1357, held by
Indian Trust Fund. Coupons t f the consol, bonds
are rtceivabre for taxes.
Real and personal piop-
bonds inscribed stock, due Jan., 1878, yet out.
The Illinois Central Railroad charter tax on earn-
ings contributes over $300,OuO per year to the State
For
1877 the
total
assessed
value
as
equalized by local assessors was: lat ds, $491,704,984; town tnd city lots, $208.521,')t7; total, $892,4;2,3i5; total as equalized by State assessers, $931,199,308. State tax in 1876, 2’8 mills. (V. 24, p. 40.)
are also $139,01,0 of 6 per cent
loan bonds.
There has been some question as
to the State’s obligation to pay the Wabash & Erie
Canal debt. Valuation, 1877, of all taxable prop-
Indiana.—There
war
$464.0( 0 of bonds endorsed, but the Company pays
interest and the road is estimated to be nearly worth
the bonds. The total State debt is$10,90^,500. As¬
sessed value of property in 1877 was as follows:
Lands, $88,8r3,514; city and town property, $51,269,total, including personat. *235.659.53 *, against
city, $855,130,125, against $864,720,440 in 1876 and
$897,739,783 in 1875. Tax rate, 1*3 mills. A law
permitting towns to issue bonds was passed in 1875.
A similar law was passed for counties. «V. 19, p.
493, 52c.; V. 21, p. 85; V. 22, p. 1C4, 209, 615.)
Kansas.—Kansas has but a small State debt, but
the issues of municipal bonds have been large.
valuation of
The
real and personal property
in 1877 was $136,019,113, against *132,144,580 in
1876.
Tax rate, 5% mills for State purposes.
State funds hold ♦ 610,925 of the bonds. (V. 24, p.40.)
Loiusiar.a.—The funding bill passed Jan. 24. J874,
scaled the debt down to »0 per cent of the fact; value.
Funding was iesumed May, ’77, subject to Supreme
Court decision (SeeV. 24. p. 5.9). New bonds were
voted forN. O. & Pac PR. in ’78, and their validity
$245,853,750 in 1876 and $261,755,884 in 1875; rate of
by the Supreme Court, but the Governor
erty assessed in ’77 at $30,898,247: tax rate, 9 mills.
The Jackronville Pensacola & Mobile RR. lean is
in litigation, and the State Supreme Court has de¬
cided that the State is not bouLd for it. (V. 23, p.
576; V. 25, p. 212.)
Georgia.—The constitutional amendment in 1877
declared void several issues of bonds and railroad
end rsements.
The So. Ga. & Florida RR. has
is qfflrined
VI
STATE
Subscribers will confer
a
great favor by giving Immediate
DESCRIPTION.
For
explanation see notes
on
SECURITIES.
first page of tables.
Date of
Bonds.
Size
or
par
Value.
[Vol. xxvir
notice of
any error discovered In these Tables.
INTEREST.
Amount
outstanding.
When
Rate.
Principal—When
Where payable and by
whom.
due.
Louisiana—( Continued)—
Bonds
do
do
do
do
do
to fund
to
to
floating debt of State.
Mississippi
Northern Louisiana & Texas RR. Co.
to N.
to N.
Orleans, Mobile & Cbatt. RR.
Orleans, Mobile & Texas RR.
Consolidated funded bonds
Bonds for N. O. <fc Pacific RR.
Maine—W ar loan bonds
1870
1869
1869
1857
1870
1871
1869
$1,000
1874
100 &c.
1,000
1,000
1,000
1,000
1,000
1,000
($2,000,000)...
1878
1863
]
Coup.
Bounty loan bonds
I
or
1863
do
do
1864
f regisMunicipal war debt assumed
I tered.
1868
1838
Chesapeake & Ohio Canal, sterling....
1838
Railroads and canals
Various.
Eastern Shore Railroad
'
1839
Baltimore & Susquehanna Railroad...
1837
Chesapeake & Ohio Canal
1870
Baltimore & Susquehanna Railroad...
1839
Annapolis & Elkridge Railroad
1839
Defense Bounty Loan
1868
Deaf and Dumb Asylum Loan
1870 & ’74
Maryland Hospital Loan, 10-15 years.
1872 & ’76
Maryland State Loan
1872
Treasury relief loan, 10-15 years
1878
Massachusetts—Back Bay Lands Loan...
1861 to’62
Coast Defense Loan
1863
Bounty Fund Loan
1863
Bounty Fund Loan
1864
do
do sterling
1864
War Loan, sterling.
1869
*oy & Greenfield Railroad loan,
1858 to’61
sterling
do
do
home
1861 to ’63
do
do
sterling
1868
do
do
1871
sterling
do
do
1875
sterling
do
do
dollar bondf- 1873 to’74
do
do
do
1875
Southern Vermont Railroad Loan
1860
Boston, Hartford & Erie Railroad,
1868 to’69
sterling.
Harbor Land Improvement
(5-20s)
1874 & ’76
Danvers Lunatic Hospital
1874 &’7G
Lunatic Hospital, Worcester
1875-’76
New State Prisons,
sterling
1875
Michigan—Two Million Loan
1863
War Bounty Bonds
1865
8ainte Marie Canal bonds
1859
Minnesota—State BuildingLoan
1869
State Building loan, coupon
1873
Railroad Bonds (not
recognized;
1858
Missouri—State bonds
1865 to’66
Consolidated bonds
1868
m
m
m
500 &c.
1,000
500 &c.
100 &c.
$6,000
G
7*30
8
A. & O.
6
8
8
8
7
J. & J.
260,000
10,000
48,000
70,000
2,500,000
875,000
11,624,500
(?)
385,000
307,000
$
N.
100 &c.
500
1,000
1,000
500 &c.
£100 <fcc
£200
£200 <fcc
500 &c.
1872
1874
8tate Bank stock refunding
Bonds to North Missouri Railroad
Bonds to Cairo & Fulton Railroad
Bonds to Platte
County Railroad.
Bonds to Iron Mountain Railroad
Pacific Railroad of Missouri
...
Municipal
war loan
1872
1873
1861
1863
1864
1875
1872
1873
1873
1874
Canal
Under Art. 7, Sec. 3, of Con¬
debt,
stitution, and Art. 7, Sec. 12.
•declined to sign them and the qneslion of a manda¬
mus to compel him is decided in
his favor. The
-assessed value of
re
il estate
1877 was $138,164,847;
personal, $36,468,835. The gross revenue in 1877 was
$2,606,351, and expenses. $2,719,412. State tax rate.
14^ mills. (V. 26, p. 315, 342, 463, 470, 523, 625; V.
127, p. 41, 122, 200, 803.)
in
Maine.—The sinking funds
($911,436), January,
1878, reduce the total debt to a net amount of
-$4,962,4h4.
Valuation of total taxables in
1875,
$255,000,000; tax rate in 1877, 3 mills. For
1878,
treasurer advises 3% mills.
Maryland.—The
assessed valuation of property in
1877 was $4'8.468,'j2S, on which the rate of
taxation
was 17M cents
per $100; receipts from railroad,
canal and other stocks owned
by the State was
$190,756. The State has largely assisted canals and
railroads, and holds $4,235,713 of stocks and bonds
ranked as productive, leaving
$6,396,322 of deot
without any offset: the State also holds
$23,360,682
in unproductive securities.
Massachusetts.—All interest on the funded debt of
Massachusetts is paid in coin.
The credit of
the State stands
nigh in Lon Ion and at home.
Daring
1817
the
funded
debt
was
reduced
The sinking funds m
$330,00.
January, 1878,
were $10,885,69 \
The Hoosac tunnel has cost the
State about
$17,666,070,including interest paid. Real
estate assessed m
May, 1877, $1,191,499,228, against
$1,262,142 326 in 187
>;
personal, including bank
shares, $503,78i,5 4 in 1877, again-t
$537,708,263
in 1876. Deposit-* in
savings
hanks, November 1,
1877, $243,972,325; corporation property above real
machinery, $72,536,016.
The loan to B.
rate
£200
1,000
1,000
1,000
£500
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1864
State bonds
New Jersey—War loan bonds, tax free
War loan bonds, tax free
do
do
taxable
New York—
1,000
1,000
5,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1854 to’58
1857 to ’59
1859 to ’60
1854 to ’59
1853 to ’59
Funding bonds
1874
Renewal bonds, coup., 5-20s, (act Mch.
29, ’7c) 1875-6-7
Hannibal & St. Joseph Railroad
1857 to ’75
do
'
do
renewal
1874
Nebraska—Bonds (act Feb. 14,1877) coupon...
1877
Nevada—State bonds
187 L
Territorial bonds
1872
New Hampshire—War loan, coupon
bonds
£100
200 &c.
£500
6
6
6
6
6
100 &c.
&c.
&c.
&c.
&c.
•“3®
100
100
100
100
.
2070
Asa's
2^ mills.
chase of bonds.
Surplus
5
5
5
5
5
g.
g.
g.
g.
g.
J.
J.
J.
J.
A.
ig-
2 gK gi gg gg g*
g gg g-
&
&
&
&
&
2,727,000
401,000
104,000
1,945,000
304,000
504,000
1,361,000
2,971,000
1,000,000
4,350,000
1,518,000
1,482,000
O
500,000
700,000
900,900
595,400
473,000
1,562,900
847,500
4,302,600
N.
M. & N
do
do
do
do
do
do
do
do
do
do
do
do
Boston, Treasury.
do
do
do
do
do
do
do
do
do
do
do
do
Boston
do
do
do
do
Treasury.
do
do
•
do
do
London, McCalmonts.
Y., Am. Exchange Bank.
do
do
do
do
St. Paul,
do
J.
J.
J.
J.
6
6
6
6
6
6
6 g6 g6 g.
M. & S.
J. & J.
J.
J.
J.
& J.
<fc J.
& J.
& J.
& J.
applied to
pur¬
State
do
Treasury,
or
Boston.
do
do
do
do
Trenton and Jersey City.
do
do
May 1, 1880
July 1, 1883
July 1, 1883
May 1, 1894
May 1, 1894
July 1, 1889
Oct., 1888 to ’90
April, 1890 to '94
April, 1882
July, 1891
Jan. 1, 1895
July, 1891 to '94
July 1, 1895
April 1,1890
July 1,1900
Sept. 1, 1894-96
J’lyl,’94-8ep.l,’96
Mayl’95-Sep.l,’96
Jan. 1,
Jan. 1,
1895
1883
May, 1890
July, 1879
July 1,1879
July 1, 1883
Dec., 1887
1883
1888
July, 1892
April 1, 1894
1878
1878
1889
1878
1876
to
to
to
to
to
'88
’89
'90
’89
’87
July, 1894
1895-6-7
1887 to ’95
1894-5-6
April 1,1897
1881 and ’82
do
Concord
<fc
J.
J.
J.
J. & J.
J. & J.
A. & O.
6 g.
^
Treasury.
N. Y.f Bank of Commerce.
do
do
do
do
do
do
do
do
<fe J
do
do
& J.
do
do
&
do
do
& J.
do
do
& J.
do
do
& J
do
do
& J.
N, Y., B’k N. America.
& J
do
do
& O
State Treasury.
J.
J.
J.
J.
g S•
2,000,000
do
do
do
do
do
do
do
do
London, Baring Bros.
Boston, Treasury.
Boston Treasury.
9*2 & 10 Various
M. & S.
9*2
•
June 1,1889
Oct. 1,1889
1890
1890
1880 & 1890
1890
1890
1885
1890
1890
1883
1885 & ’89
1887 & 1891
1887
1888 to 1893
do
Boston, Treasury.
London, Baring Bros.
J
J
J
J
ig-
7
6
7
7
7
6
6
6
6
6
6
6
6
6
6
6
6
6
8
Aug. 15, 1880
London, Baring Bros.
5 g.
439,000
revenue is
& J
6
6
5 g.
5 g.
200,000
4,379,500
4,000,744
999,944
554,180
966,500
2,952,400
5,598,912
1,497,980
700,000
1,300,000
200,000
3,599,024
700,000
1,350,000
1,100,000
1,292,280
629,000
357,000
46,000
50,000
250,000
2,275,000
600,000
2,206,100
Q.-J.
J.
do
i914
March 1,1883
do
do
Baltimore, State Agency.
6
500,000
220,000
888,000
549,267
160,000
380,000
Q.-J.
3
225,000
465,000
691,291
Jan.,
Augusta and Boston.
Loudon, Baring Bros.
5
3,326,750
Y., Winslow, L. & Co.
do
do
lg-
155,615
31,069
269,000
528,355
298,435
62,605
July 1,1910
April, 1911
Boston, Suffolk Bank.
0278116874.
2,502,555
1899
1909
1897
875,000
6
6
6
5 g.
2,330,000
May, 1910
Amounts not
fundable,
48,000
70,000 'per report of"
Jan. 1, 1878.
2,500,000
*6'
2,826,900
2,010,000
)
'260,000
do
do
N. Y., Manhattan Bank.
do
do
do
do
do
do
do
do
March, 1887
Sept., 1884 & ’89
Jan., ’92 to 1905
July 1, 1879 & ’80
Jan., 1879 to ’84
Jan., 1886 to ’96
Jan., ’97 to 1902
Oct., 1893
July, 1887
Jan. 1,1883
July 1,1891
Oct. 1,1892
able $100,000 per year. Valuation of real
property
1877. $119,729,400; personal $123,868,381;
total,
in
Minnesota.—All the State bonds are now held
by
the permanent school fund. Minnesota has
refused
to recognize the “State Railroad
bonds” of 1858
to the amount of
$2,275,000. A proposed constitu¬
tional amendment in 1877 provided for a
settlement
with the holders, but was defeated
by
majority.
a
large
Taxable property, 1875, $218,855,743. of
which $45,162,467 was personal; in
1876, $218,850,744,
of which $45,302,4^5 was
personal; in 1877, $v20,925,638, of which $45,141,659 was personal. State tax,
2 mills: tax for
all purposes in counties averages
17X mills. (V. 22, p. 63, 567; V. 24, p. 40, 170, 227.)
Missouri.—The equalized valuation of all real
and personal property in 1377 was
$610,558,840.
The tax rate is 40c. per $100. In 1877
$838,000 bands
bonds;
maturing were mat by sale of renewal
in ls78 $ 490,000 bonds
mature and have
been paid by
sinking fund. 'J he Hannibal
Joseph Railroad provides for its own debt.
83. 591; V. 23, p. 135, 397, 493; V. 24,
so
far
& St.
(V. 22,
p. 171,
321, 542; V. 27, p. 200.)
Nebraska.—Of these the State school fund holds
p.
$426,267. There are also $50,000 10 per cent “Grass¬
hopper” bonds of 1875, due Mar. 1, 1885, interest
paid J. & J. Real estate in 1877 assessed at $37,y75,987; personal at $33,333,591; tax rate, 6% mills.
(V. 24, p. 204.)
Nevada.—The debt of Nevada is hardly more than
as the bonds are principally held in State
nominal,
funds.
$566,250,697, against $596,833,707 in 1876, and $312,-
731,094 in 1875.
State tax, 3% mills.
New York.—The
following were valuations and
for State purposes in the
years 1859 and
from
and
1870 to 1877 :
tax rate
1865,
Year.
1859
1865
Real Estate.
Personal.
$1,097,564,524
1,158,32;, 371
1,532,720,907
$307,349,155
1,599,930,166
1,644,379,410
1,692,523,071
392.552.314
431,289,278
State tax.
23*
4 53-80
7 41-156
5 79-120
9V
6 95-100
452,697,732
147,248,035
437.102.315
1,750,698,918
418,608.955
7*
1875
1,969,352.703
6
407,427,399
2,108,325,872
3 11-24
357,941,401
1877
' 2,376,252,178
379,4 8,140
3 1-6
The general fund debt was
paid in July, 1278,
andihecana! debt only, of about
$9,OoO,OJO. now
remains. The gross St&te
debt, September 39, 1877,
was $1",957 01
*, and town, county, and city debts in
December, 1875, were $244,079,859. (-V. 22, p. 63,
471; V. 24, p. 17, 49; V. 26, p. 18, 117.)
North Carolina.— North Carolina is
heavily burden¬
ed with debt, in proportion to her taxable
Total property was assessed in 1876-7 property.
at $143,564,557; 1»75, *152,546.023; 1874, $139,953,361;
1873,
813.
$143.723
Interest is paid on bonds issued
to Nortn
Carolina Railroad ($2,800,000), as the
State holds $3,000,209 stock and
receives div¬
idends thereon.
Other interest in default.
A fund¬
ing bill passed the Legislature March, 1875, (See
Chronicle, V. 20, p. 336,) but nothing was done
H. & E, Railroad was secured
by deposit of $3,600,- was created for war purposes,
under it.
In New York, bonds are
000 “ Berdell ” mortgaee
classified
bonds, afterwards ex¬ reduced. The Municipal loan of 1872 was issued to thus :
“Old,” being those issued prior to May 1,
changed for N. Y. & N. E. RR. stock, and had cities and towns, the proceeds to be applied to their
1361,
war
on from Jan. ’69; “N. C. R. K.”
a sinking fund of $1,027,879
January 1, 187i. (V. 23, Tax debts. Total valuation in 1876, $199,080,353. issue coupons
of $2,800,000 to that
rate, $2 per $1,000.
p. 354; V. 26, p. 40, 523.)
road, coups, on since
Jan. & April, ’69; fame “coup,
off” have had 7
New Jersey.—The debt was created for war
Michigan.—The debt has been largely diminished
pur¬ coups, paid: “funding act ’66” carry coups. Jan.,
poses, and is provided for by
in the last few years.
sinking funds, ’69;
Assessed valuation of real
“funding act 68” carry
which amounted Jan. 1, 1878, to
$1,453,435. Of the ’69. “ New ’’—authorized before war,coupons April,
and personal property, 1877, $630,000,000, and
except $1,500.tax, first two classes of bonds the principal is
pay¬ 000 in 1868; “Special tax, 1st,” carry coup, April,
estate and
New
Hampshire.—The debt of
New
Hampshire
and is being gradually
September 28,
Subscribers will confer a great
yii
SECURITIES
STATE
1878.]
favor by giving Immediate notice of any error
discovered in these Tables.
INTEREST.
Date of
Bonds.
DESCRIPTION.
Size
outstanding.
Rate.
For explanations see notes on first page of tables.
Value.
North Carolina—RR. and improvem’t bonds, old
Railroad and improvement bonds, old
RR. and improv’t bonds, new (not special tax)
do
do
do
do
Funding bonds, since war
do
do
$500&c.
$4,738,800
6
500 &c.
6
6
6
6
6
6
6
6
6
6
7
7
7
5
6 g.
5 g.
1,000
1,000
1,000
3,639,400
2,383,000
1,695,000
2,417,400
1,711,400
383,045
44,000
11,407,000
4,072,640
2,400,000
26,500
130,991
160,000
8,000,000
400,000
395,000
87,000
2,556,250
367,000
90,400
9,251,850
723,950
500,000
975,000
200,000
631,000
1,000
738,000
Various
17,411
289,172
192,000
238,933
469,000
72,000
149,000
242,350
451,000
13,000
481,944
151,780
7,000
241,257
4,023,000
149,254
4,797,608
6,617,000
16,194,000
661,000
460,000
396,000
75,000
697,000
500,000
1,000,000
6
3 g.
1,000
1,000
Registered certificates of literary fund
Penitentiary bonds, act Aug. 24, 1868
Special tax bonds
Ohio— Register’d loan, payable after June, 1881
Registered loan, payable after June, 1886....
Oregon—Bounty bonds
Modoc war bonds .:
Willamette Canal and
do
do
do
100 &c.
100 &c.
1860
1856
100 &c.
100 &c.
1870
1877
1849
1852
1852
1867
1867
1867
1867
1867
1872
1862
1863
1863
’92).
2—
—
-
do
do
1794
1836 to’61
1853 to ’54
1866
1854
1868
1868
1868
1869
1869 to ’70
1838
1838
1869
South Carolina—State stock
State House stock
do
bonds
Funding bonds and stock
Ridge Railroad bonds
Funding bills receivable
Payment of interest
Blue
-
Funding bank bills
Conversion bonds and stock
Land commission bonds
Fire loan bonds, sterling
do
stock, domestic
Bonds—Relief State Treasury
Reduction of Public Debt stock
1873
1873
stock (Funding act)
Railroad endorsements
Tennessee—New funding bonds, act of 1873
Bonds registered, act of 1873
Fundable bonds and coup, not yet presented
1874
Various.
Various.
.
Apl.,’74, (red’ble’79)
Redemption of debt, act Aug. 6, ’76
1,000
50
500
50
50
50
1870.
226.)
small State debt, hut
$39,3*8,5 9
Valuations in 1877
large local debts, amounting in 1877 to
Real estate in cities, &c., $378,449,113; other,
$706,347,619; personalty, $490,594,810.
Total taxes
levied in 1877 $4,5^1,235 for State purposes, 2 9
mills, and $22,975,512 on all local taxes. (V. 24, p.
17.)
were :
Oregon.—The debt is provided for by sinking
funds, payable from land sales. Taxable property
in 1875 was assessed at $41,197,149; % mill tax
was laid for Relief bonds and 1 mill for Bounty
bonds.
Pennsylvania5.—The new 5 per cent loan of $8,000,Total debt
000 was sold to take up matunng nonas.
Nov. 3*', 77, $22,943,814; available assets.
net debt, $13,924,039.
No tax is laid
$9,054,910;
for State
real estate, and revenue is raised
principally from corporations. Taxes are levied
purposes on
which was assessed in 1877
$159,318,8i7, and the tax was $574,817. State
expenses have lately exceeded revenue, and sinking
personal property,
at
funds have been diverted to meet the deficiency.
The State holds $1,751,331 in stocks and $7,9J0,000
of railroad bonds. Interest has been paid in gold on
the State debt issued prior to 1867, but the bonds
paid off in 1877 were pud in currei cy. Any coupon
bonds may be changed to registered. The bonds
due in 1877 are payable at any time till 1882; those
of 1882 till 1892. (V. 24, p.414, 421, 469; V.26, p. IS;
V. 27, p. 149, 229 )
Rhode Island.—The debt was all created for war
purposes and is being steadily diminished.
The
valuation of real property in 187G was $185,159,848,
and personal, $86,89:,928, and tax rate 15 cents on
$100.
50,&c
1,000
1,000
1,000
500,&c.
500,&c.
500,&c.
Various
Various
1,000
1,000
Various
1,060
1,000
1,000
100
1,000
500,&c.
500,&c.
-
6
6
5
6
5
6
6
6
6
6
6
6
6
6
6
6
6
6
5
6
7
6
6
6
5
6
6
7
7
7
10
6
6
6
137,000
100,&c.
100,&c.
100,&c.
100,&c.
18,740,800
1,483,715
2,185,100
1,152,800
Various
Various
15,239,370
law approved Dec.
down the old debt by
g.
g.
g.
g.
ggggg.
$
l
6
6
5
6
6
6
6
6
212,833
4,188,141
....
Payable
J.
A.
J.
A.
J.
A.
J.
A.
A.
J.
J.
J.
J.
J.
F.
J.
J.
J.
F.
F.
F.
F.
F.
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
M.
A.
J.
F.
Indefinite.
1898 to ’99
July, 1881
Jan., 1887
1884
1880
1880
Feb. 1, 1902
April, 1879
July, 1882
July, 1882
Feb., 1877 to ’82
Feb., 1877 to’82
Feb., 1877-1882
Feb., 1882-1892
Feb., 1882-1892
Harrisburg Treasury.
'
Sept. 1, 1882
April 1, 1883
July 1, 1893
Aug. 1, 1894
At pleasure.
Providence, R. I. H. & T. Co.
do
do
do
do
do
do
Columbia, State Treasury.
J.
J.
J.
J.
O.
O.
J.
J.
J.
do
do
1877 to ’86
1871 to ’80
do
do
Columbia and New York.
July 1,1887 to’97
Columbia, Treasury.
July 1,1875 to ’79
July 1, 1888
July 1, 1888
July 1, 1889
July 1,1882
London.
July 1,1868
July 1, 1868
Columbia and New York.
do
do
de
do
do
do
do
do
Q.— J.
Columbia.
J. & J. Columbia & Fis. Agen. N.Y.
J. & J.
New York or Columbia.
J. & J.
do
do
J. & J.
Q.—J.
g.
g.
g.
g-
J. & J. N. Y., Fourth
do
J. & J.
•
•
•
Nat. Bank.
do
•
J. & J. N. Y., Fourth Nat. Bank.
State Treasury.
Various
M. & S. N.Y., Donnell,Lawson& Co.
do
^
do
J. & J.
J. & J.
do,
do
State Treasury.
J. & J.
J. & J. New York & State Treasury.
J. & I). Boston, N. B. Mut. Red’n.
J. & D.
Montpelier, Treasury.
New York.
J. & J.
J. & J.
Richmond, Treasury.
J. & J.
London, Baring B. & Co.
J. & J.
Richmond, Treasury.
do
J. & J.
do
J. & J.
do
J. & J.
J. & J.
J. & J.
London, Baring B. <fc C'V
1888
July 1, 1893
July 1, 1893
July 1, 1914
1875 to 1900
1900
1875 to 1900
Various.
1891
1911
1892
March 1, 1904
1894
July, 1906
Dec. 1, 1878
Dec. 1, 1890
1886 to ’95
At pleasure
1886
1905
1905
Contingent
1905
....
appointed in 1877, and reported January, 1878
p. 143), rejecting certain numbers of the
26,
consolidated bonds.
A court of claims to hear the
bondholders was appointed, and met in May, 1878,
but the validity of the law creating the commis¬
sioners was qu^tioned in the Courts, and the board
did nothing. In July, 1818, interest was paid on
those consols signed by Gov. Chamberlain, which
the committee h* ld to be good; interest on bonds
Texas.—For all bonds, except 10s of 1894,
against $257,632,0< 0 in 1876.
last
we
Tax rate, 50.
141, 165.)
have the following statistics:
Total value of taxable property assessed. $257,632,009
State tax
:
1,288,249
Poll tax
211,034
Miles of RR. in the State ass’d for taxes...
1,493
Value of railroads, &c
$16,577,508
....
The debt of solvent
110,288,629
45,674,101
(V. 23, p. 452; Y. 24, p. 535; V. 25, p. 115.)
Vermont.—This State has a very small debt—all
war purposes.
Of the registered bonds
$135,500 are held for Agricultural College.
The
created for
sinking fund, Aug. 1., 1876, was $135,932.
Tennessee.—The coupons
with those of July, 1874,
maining due, were
From the
Comptroller’s report, for the fiscal year 1875-6,
acres of land assessed at
signed by Gov. Hampton was not paid. Total valu¬ 55,950,038
Value of lots assessed in the State
property—in 1876, real estate, $86,187.120;
personal. $^0,598,376;
railroad property,
$6,347,1 <2, making a total of $1:3 132,*-38. In 1877
total was about $1 >.5,73'>.863. Rate of taxation in
1877, 7 mills. (V. 24. p. 199, 445, 495, 543, 557; V. 25,
p. 79, 641; V. 26, p. 68, 143, 232, 257, 420, 463; V. 27,
the
interest and 2 per cent of principal yearly are pro¬
vided for by special appropriations.
The valuation
of taxable property in 1877 was about $316,000,000,
ation of all
p.
to’98
to’98
Oct., 1898
-
&
&
&
&
&
&
&
&
&
to’98
to '98
Jan., 1900
Oct., 1898
O.
J.
Raleigh, Treasury.
New York.
O.
do
O.
J. N. Y., American Exch. B’k.
do
do
J.
J.
State Treasury.
do
do
J.
do
do
J.
A. Phila., Farm. <fe Mech. B’k.
do
do
J.
do
do
J.
do
do
J.
do
do
A.
do r
do
A.
do
do
A.
do
do
A.
do
do
A.
new bonds to the extent of 50 per cent, and
eclared void the conversion bonds to the amount
of $5,965,000. A committee to investigate bonds
and ascertain what consols were properly issued
(V.
do
do
do
do
O.
J.
iving
was
1868
1868
1868
1868
New York.
do
J.
O.
J.
Q.-J.
A.
A.
J.
J.
J.
Whom.
^
& S.
& O.
& J.
& A.
J.
J.
J.
J.
Due.
Payable and by
_
5, 514, 6
34,000
2,331,250
g.
Where
When
m
6
5 & 6
1,153,974
1,564,000
500«fec ?
Vari’s >
£100 &c
....
412g.
of July, 1875, together
and January, 1875, re¬
paid in
September, 1876.
railroads, January, 1877, was
$3,458,145, and total debt, less that amount,
$22,852,011, including $129,U20 outstanding war¬
rants
and $2,088,746 past-due interest,
against
which $95,034 is owed by solvent railroads.
The
State’s endorse nents for railroads are $1,802,009, of
which $1,560,000 is taken care of by the roads.
Bonds to amount of $75,000 were over-due in 1876,
and $80,000 more fall due in 1877; these are fund
able at the option of the Legislature.
Later
statement, V. 25, p. 477.: Total valuations in 1817
$2 6 0 0.t-00; total in 1876, $278,020,531, against $28 V
t3S,583 in 1815. The rate of taxation was reduced
from 40 cents or? the $100 to 10 cents by the Legis¬
lature, in March 1877. Tennessee bonds sold in
New York as “old,” are those issued before 1362;
New,” issued since 1862; “New Series,” the new
funding bonds. (V. 25, p. 458, 477, 585, 619, 632; V.
26, p. 68; V. 27, p. 42, 165.)
“
South Carolina.—The funding
g2, 1873, provided for scaling
&c.
&c.
«fec.
<fcc.
&c.
Various
1,000
’77, on debt proper.
69; “2d11 coup.of Oct. *69: “3d” coup. April,
Y. 21, p. 570; V. 23, p. 599, 615, 647; V. 24, p. 17,
....
1874
1876
1862
1862
:
1851 to ’66
Virginia—Old bonds, 23 fundable, coupon
1851 to ’66
Old bonds, 23 fundable, registered
1851
do
sterling, not required to be funded
1871
Consol. (Act Mar. ’71) coup, tax receivable—
1871
do
do
reg., conv. into coup...
1872
do
(Act 1872) “Peeler,” cp. not rec’ble .
1872
do
do
reg.,
do
......
1871
Deferred certificates (W. Ya.)
1871
Interest on sterling debt, funded (Act 1871)..
Vermont— War loan bonds, coupon
War loan bonds, registered
1876.
^
1,000
1872
1871
1872
1874
Vet’n Pension bonds, act
very
-
1,000
funded)...
Texas— Funding State debt (act May 2, 1871)...
Frontier def’se,gold,act Aug.5,’70(red’ble ’91)
Revenue deficiency bonds, act Dec. 2,1871..
Bonds, act Mar., 1874 (for paying float’gdebt)
Interest unpaid Sept. 30,
-
Various.
Bonds, registerable, not presented
Held by E.T. University (not to be
on
-
Deo,., 1873
Consolidated bonds, coup. (Funding act)
$36,05U,97*< in
•
100 &c.
1864
Ohio.—Ohio has a
•
-
(registered)
(registered)
Rhode Island—War bonds
War bonds
do
•
1,000
Lock
(registered)
Agricultural College land scrip...
against
•
1,000
...»
Pennsylvania—Reg. bonds, tax fr., (red’ble
Inclined plane loan
Coupon loan (except $53,000 reg.), April
do
April 2
Stock loan of Feb. 2 (registered)
do
do
(coupon)
do
do
do
'
1866
1868
1867
1868
Principal—When
Amount
or
par
.
Virginia.—These
amounts
are
exclusive
of
bonds held by Literary fund and Sinking fund.
The Funding act of 1871 provided that coupons
of the funded bonds should be receivable for
State taxes. For two-thirds of the old bonds a new
bond was issued, and for the other
a deferred
certificate given (as the proportion due by West
Virginia). The act of 1812 amended that of 1871
by not allowing coupons to be received for taxeg.
The sinking fund holds $5,145,271 of State bonds
and certificates.
All interest overdue Septem¬
ber. 30, 1877, was $4,188,141, and the to al principal
of debt proper $29,350,816.
Assessed value of
real estate in ls76 was $242,756,548. against $251,573,611 in 1»73.
Personalty in 1876, $78,560,940.
Tax rate, 5 mills. A case involving the taxation
of consols is on appeal to the U. S. Supreme Court.
A new funding bill was passed in 1818, which will
probably never be carried out.
(V. 26, p. 265.)
(V. 23, p. 599; V. 25, p. 138, 256. 585: V. 26, p. 68,
135, 181, 209, 232, 342, 350, 384, 420, 524.) J
wii*
CITY
Subscribers will confer
a
Date of
bonds.
—
Relief of drafted
Railroad l’n
men
Purchase Congress Hall Block.
City improvement
Washington Park
High School
W fttcr stock
Addit’nal supply ($400,000 due i.9()(L3 are 7s
j
Western Avenue improvement bonds
Bonds loaned to Albany &
Susquehanna RR..
Augusta, Ga— Bonds for various purposes
City bonds, tax free
loan of 1890
1877
1865
Various.
1876
1877
1863
1865
1860
1863
1853
1853
1868
1870
1874
1864
Consolidated bounty loan
Public parks (Druid Hill)
Park improvement loan
Five million loan to Baltimore &
Ohio RR....
One million loan to Pittsb. &
Connellsville RR
New City Hall
do
do
do
do
Consolidated loau
O rart house loan
I* finding loan
do
Western Maryland Railroad
Jones’ Falls
1870
1874
1872
1872
1873
1872
1874
Valley Railroad
Patterson Park extension
$237,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1874-’77
Exempt bounty loan
^
1 $1,000
1875
1851 & ’52
Various.
Loan of 1877,
reg. stock redeem, at will
outstanding.
value.
1854
1864
1866
1870-’71
46,000
150,000
491,000
624,000
118,000
80,000
250,000
900,000
165,000
1,000,000
1,886,250
250 &c.
500 &c.
100 &c.
100 &c.
100 &c.
100 &c.
100 &c.
100 &c.
100 &c,
100 &c.
100 &c.
100 Ac.
100 &c.
100 &c.
100 &c.
100 &c.
100 &c.
100 &c.
100 &c.
128,500
7,306,546
5,000,000
2,211,068
410,353
555,566
185,723
5,000,000
1,000,000
1,000,000
1,000,000
500.000
92,400
•
•
•
6
6
6
6
6
5 g6
5 g5 g.
200,000
2,549,600
1,375,000
•
117,000
156,000
100,000
....
375,000
1,000,000
'
392,300
104,500
1,060,000
debt, assumed
1862 to ’76
1,000
Brighton debt, assumed
1868 to ’73 Various.
West Roxbury debt, assumed
Various.
Water loau, new main. Brookline
Reservoir...
1858
1,000
do
Chestnut Hill reservoir
1867 to’71
1,000
do
renewal of loan due
’70-71,
all reg.
1871
do
do
Water works,
*
do
do
do
do
1872
Roxbury, coupon and registered 1868 to’70
Roxbury & Dorchester
1871 to ’74
Dorchester, all registered
1871
W. Roxbury &
Brighton, all reg 1875 to’77
do
reg...'
Soldiers’ aid fund loan
Third street improvement
loan, local
■Gowanus canal improvement
loan, local
Bushwick avenue
do
do
do
South Seventh street do
do
do
Union street
avenue
.
do
do
do
do
do
do
do
do
do
do
do
Wallabout Bay
do
Kent avenue basin
do
New York Bridge loan,
registered and coupon
Bonds for N. Y. &
Brooklyn Bridge,
Albany.—The loan
to
cp. or reg.
The valuation of
property in Albany County in 18^6,
by local as¬
sessment. was: Real
estate, $47,039,898 ; personal,
$5,30J, 151; total, $52,340,019. In 1876, total
equal¬
ized valuation
by State Board, $58,460,770.
Tax
Augusta.—Of this debt, $600,000 was issued for
railroads, and balance for canal
water
iiome.
1875-’7G
1877-’78
1877-’78
to ’61
1861
1857
1865
1867
1866
1865
1866
1867
1862
1867
1867
1869
1870
1876-'73
£100 Ac
688,000
1,000
1,000
.
.
^
.
....
1,000
1,000
1,000
©
©
©
1,000
1,000
1,947,273
700,000
465,000
375,000
370,000
100,000
648,000
366,000
3,452,000
550,000
143,000
138,000
213,000
90,000
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
552,000
302,000
236,000
216,000
258,000
260,000
190,000
206,000
198,000
427,000
3,000,000
3,150,000
Q.—J.
M. & N.
M. & 8.
M. & S.
Q.—M.
Q.—.T.
Q.—,T.
J.
Q.-J.
Q.—J.
Q.—,T.
Q.—J.
Q.-J.
J.
J.
4*2
Q.-F.
i
enlargement,
ks, <fcc. Most of the debt
is held at
Taxable valuation,
$14,401,000: tax rate,
wor
$1 58 per $100.
Baltimore.—The fiscal
year of Baltimore ends
with December 31. instead <
f Oct. 31.
The
einking fund for Baltimore & Ohio RIt.
$5,000,000
now
loan is $1,958,623; West.
Maryland Riilioad sink¬
$1,513,600 is
on
account
a i.rst
of
J.
The tax rate
to cover
fourteen
months is increased from
$1 75 to $1 90on the $100.
St te taxes
having teen increased from 17 \ cents
to 1cents on the
$100, the total is therefore ’ncreased «f city and '•tate taxes
from $1 921f in 18T7
&
to $2 08
on
the $100.
Population in 1870 was 267,-
Per centage
-
...
Feb., 1881
Feb. 1, 1893-1912
Feb.
1,1912
1895-’97
1878 to ’89
1900
do
& Plan. Bank.
Balto., N. Mechanics’ Bank.
do
do
do
do
do
do
do
do
Balto., Farm. & Plan. Bank.
Balto., N. Mechanics’ Bank.
Balto., Farm. & Plan. Bank.
do
do
do
do
do
do
Balto., N. Mechanics’ Bank.
Balto., Farm. & Plan. Bank.
Baltimore,Register’s Office.
Balto., N. Mechanics’ Bank.
do
do
Balto., Farm.
July 1, 1890
July 1,1916
Sept. 1, 1893
Sept, 1, 1893
Sept. 1,1890
Jan. 1,1895
Jan. 1, 1890
Jan. 1,1886
July 1,1884
April 15,1900
March 7,1902
1885
At will.
July 1,1900
Feb. 1, 1894
Jan. 1,1902
April
*
J.
do
do
do
do
do
do
do
do
A. & O.
Various
Various
A. & O.
J.
J.
J.
J.
J.
J.
J.
J.
J.
J.
J.
J.
& O.
& J.
A N.
& J.
& J.
J.
& J.
& J.
& J.
& J.
& J.
& J.
& J.
& J.
& J.
& J.
do
do
do
do
do
do
do
do
Brooklyn.
Oct., 1902
Unexpended balances
of
$10,26 ,258
2,369,100
$9,555,692
2,306,959
$7,893,158
236,946
$7,248,942
217,468
$8,135,104
$7,466,410
Jan., 1901
1905 to 1907
April, 1906
1902 to 1905
1901 to 1904
1905 & 1906
June & Oct., 1887
Oct., 1897
1879 to ’81
w
UQ
do
§
do
do
do
do
do
do
do
do
do
do
do
do
1880 to ’99
1901 to 1903
3
do
fc d
>>
es*
O
o
.
-mi
C-W
§
§M
=
ft
J
o
<
1891
1887
1885 to’94
1881
1878 to 90
1878 to ’90
1878 to ’90
1878 to’86
1878 to ’95
1878 to ’95
1878 to ’90
1879
1901 to’24
1907 to 1912
Placing the tax to“ be paid to the State at $412,740
the tax warrants exhibit the
following result:
1877-8.
City and County
State, 1877....
1878-9.
.$8,135,104
railroads. ‘The city
appropriations and a per cent on city debt are ap¬
propriated annnally to the liquidation of the princi¬
pal. Tax valuation, 1871, f6,i69,480; 1876,
$7,221,905.
Income
May 1,1879 to’85
Augusta.
Various
Boston.—The population of Bosron in 187u
ing fund, $166,180; and the total of all the
was
against 177,840 in 1860; in 1875 it was, 341.919.
sinking funds, $8,640,411. The Balt. & Ohio RR. 292,497,
Valuation
of
real
property in 1878, including the re¬
pays interest on $5,000,00u
loan; Water loan is paid cent annexations, was
by income of water works, and Public Park
$440,336,309, against $481,404,300
in
1877; and Dersonal, $190,U60,9L, against $205,Passenger Railway, and out of a total by City
debt of 4i3,400; upon which the rate of
taxation is $12 80
$34,092,955, $19,741,853 is dependent on the tax
per $1,000, 8gainst
$13 10 per $1,000 in 1877.
levy. The net debt over productive assets is
given The total funded debt April 30,
at *9,25<,445,
1878, was $42,457,< 22,
against which are held
unproductive assets. The estimates for$4,889,772 of and the sinking funds, bonds, mortgages, &c„
i878, owing $16,297,245. The
to the change in the fiscal
following is a comparison of the
year, will cover 14 months
appropriations granted
instead of 12 mon hs as
formerly.
The basis of estimated income to be by the City Council, and
taxation is $255,000,600.
received for the fiscal year
The amount required to be
ending April 30, 1879, compared with 1877-8:
raised, including the
Seating
is
d*bt,
$4,879,639.
Less she floating debt
1877-8.
1878-9.
($1,479,726) the amount re¬ Appropriations
quired is $3,399,913.
Nov., 1910,11/12
Various Boston, Treasurer’s Office.
Various
do
do
mortgage on the Androscoggin road
for the debt, and 2d and 3d
mortgages on ine Knox
& Lincoln for its
proponioa of $895,0 ;0 out of a
total of $2,395,000 bonds issued
by several cities in
aid of
the latter road.
New York.
do
do
do
do
do
do
New York.
.
1860. (V. 22, p. 589; V.
23, p.
514; V. 21, p. 12; V. 25, p. 137, 334.)
Bangor, Me.—The valuation or real and personal
property is $11,052,211; rate of
taxation, 2 50 per
cent.
The loans to European & North
American
Railroad and to Bangor &
Piscataquis Railroad are
secured by first
mortgages on those roads.
Bath, Me.—Total debt, $1,730,683, of which
holds
May, 1879
June, 1880 to ’84
Feb., 1885 to ’94
March, ’79 to 1900
9,19C0
& O. Baltimore,Register’s
Office.
Oct. 31,1886
& S.
do
do
March 8, 1892
& J.
July 1,1894
& J. Balto., N. Mechanics’Bank.
Jan. 1 ’90 & 1900
& J. Baltimore, Franklin
Bank.
Jan 1,1895
Various Boston, Merchants’ N. B’k.
1878 to ’92
J. & J.
Boston or Bangor.
Jan. 1, 1894
J. & J. Boston, Merch’ts’ Nat.
B’k.
July 1, 1905
J. & J.
do
do
Jan. 1, 1894
A. & O.
do
do
April 1, 1899
Various
City Treasury.
1878 to 1879
J. & J.
do
July
1, 1887 Various
do
1883 to 1898
A. & O City
Treasury and Boston. April 1, 1891
J. & J.
do
do
July 1,1880 to’99
F. & A.
do
do
Feb. 1, 1902
Various Boston, Treasurer’s Office.
1878 to ’87
Various
do
do
1878 to’97
A. & O. London, Baring
Brothers.
April, 1893
J. & J.
do
July, 1899
Various Boston, Treasurer’s Office.
1878 to ’84
Various
do
do
‘1878 to’81
Various
do
do
1882 to’93
Various
do
do
1881 to’94
Various
do
do
1878 to ’81
Various
do
do
1878 to'91
A. & O.
do
do
Oct.,
1878
Various
do
do
1880 to 1901
A. & O.
do
do
April, 1901
A. & O. London, Baring
Brothers.
A.
J.
M
J.
'7
7
7
7
Due.
Boston, Merchants’ Bank.
Various
5
6
7
6
7
6
6
7
7
7
7
6<fc 7
& J.
& J.
A.
M.
J.
J.
J.
5, 5^, 6
7
5 & 6
5 & 6
6*2 & 7
6*2 & 7
5 g.
6
6
5 g6
6
6
5 & 6
5 g.
6
6
5 g.
& J.
Q.—J.
Albany & Susquehanna 354, against 212,418 in
is secured by 1st
mortgage.
rate, 2*49.
1876
1872 to ’75
1871 to’74
impr’t 1859
Brooklj-n local improvement loan
Mount Prospect Square loan
do
2,040,000
....
’72-73....
Additional supply water
Various purposes, for water works
Water loan bonds, gold,
coupon or reg
Public park and school
buildings, registered..
Improved sewerage, registered
Sroo.'clynr— Debt of Williamsburgh, local
Fourth
1,228,000
183,641
410,000
394,000
A. & O.
Principal—When
payable and by
New York.
do
Various
5
112,500
193,000
425,000
475,000
243,000
3,521,800
14,288,500
4,997,603
3,449,199
100 &C.
100 &c.
Where
whom.
M. & N.
J. & D.
F. & A.
M. & S.
M. & N.
M. & N.
M. & N.
F. & A.
F. & A.
F. & A.
M. & N.
7
6
6 <fc 7
6
6
7
7
6
5
6
6
6
6
6
6
6
6
6
814,000
104,588
609,200
1,015,300
1
Payable
6
6
6
7
6 & 7
7
5
6
6
6
6
6
6
5 & 6
6
6
6
6
6
6
6 & 7
6
800,000
2,000,000
1,000,000
When
Rate.
936,661
....
Water loan ($263,000
only are 5s)
Endorsements for Western Maryland RR
do
do
Union Railroad..'.
Bangor, lie.—City debt proper
1858 to’72 100 &c.
Municipal loan
1874
1,000
Water loan bonds, coup. (Act
Feb. 22,
1875
500 &c.
European & North American Railroad 1875).
1869
1,000
Bangor & Piscataquis Railroad
1869
1,000
Bath, Me— City notes
Various
Funded debt
Various.
Railroad loan
Various
Androscoggin Railroad
Various.
Knox
Lincoln Railroad ($23,750 each
year)
Various.
do
do
Various.
Bostonr— For city purposes, war
debt. &c
1852 to ’64
1,000
do
do
*
do
1864 to ’77
1,000
Burnt district, sterling loan
1873
£100&c
Consolidated street improvem’t,
sterling loan.
1869
JS100&C
Roxbury debt, assumed
1860 to’64
1,000
Dorchester debt, assumed
1861
to ’69 Various.
Charlestown debt, assumed
1862 to’73 500 &c.
Mystic water
INTEREST.
Amount
or
par
1870-’77
1874
New Post Office site
Baltimore?—Consolidated
Size
page of tables.
Albany, Y. Y.—Albany & Northern
[VOL. XXVII.
great favor by giving Immediate notice
of any error discovered
In these Tables.
DESCRIPTION.
For explanations see notes on first
SECURITIES.
619,119
$7,466,410
412,740
$8,754,214
$7,879,150
The Auditor estimated that if the
assessed valua¬
tions were reduced to
$660,u00,0.0, the tux rate lequired would be nearly the mme as in 187<, when it
was
$13*10
above,
i er
$1,0)0;
the total valuations, as
(V. 26, p.
actually made $630,427,200.
39; V. *7, p. 40.)
were
Brooklyn.—There are also $27,000 7 per cent
Nat. Guard bonds due 1880-81.
The
Mayor’s
message. January 1, 1818, made the whole city debt
as follows:
Permanent loans
$28,113,500
Sinking funds
4,660,747
Balance
King’s Co debt (City’s share)
Loans chargeable on specified
property
Tax
certificates
$21,452,752
3,831,180
.
...
Total net debt
—The debt increased in 1876
10,923,000
2,500,000
$40,706,932
$781,623, and in 1877
$659,382." Population in 1870, 396,200. against
265,661
in 1860. Valuation o'
property in 1877, by the local
assessment, was $216,181,801 for real estate, and
September
CITY SECURITIES.
28, 1878.]
Date of
Bonds.
1860 to ’73
1860 to '72
...
Prospect Park loan
Deficiency bonds
do
$8,017,000
7
1,000
1,000
1,217,000
319,000
1 000
9,706,000
1,510,500
1,870,000
6
7
6
7
1872
do
i;ooo
1,000
Sewerage fund bonds, continuous, local
S’th B’klyn
do
do
Assessment fund bonds, continuous, local
Central and Knickerbocker ay. sewer bonds..
Boulevard bonds
Temporary tax certificates
Buffalo, N. Y.—Funded debt bonds
Buffalo A Jamestown Railroad.
Buffalo New York A Philadelphia Railroad...
Water works bonds
Water bonds, coupon
Park bonds (Act May 17,1875)
Tax loan bonds
Tax loan bonds, coup
do
do
do
do
Water loan
do
do
do
do
,
Charleston, 8. C.—City stock
City bonds, coupon
Fire loan bonds, coupon
Conversion bonds, to redeem past due debt...
Chelsea, Mass.—Funded debt
1,000
1873
1876 to '78
1,000
1853 to'75
1873 to '75
1871 to '73
1868 to '76
1876
1876
1876
1877
1858 to '63
1864
1863
1856 to'76
1373-’74
1874-5
1866
1866 to '76
1865
1867 to '75
1869-71
.1,000
1,000
1,000
1,000
i,obo
500 Ac.
106,000
100,000
150,000
1,597,000
689,000
1,000
1,000
500 Ac.
500 Ac.
500 &c.
514,000
100,000
698,000
55,000
485,000
162,000
3,898,454
51,500
266,800
1,000
500 Ac.
1,000
1,000
1,000
'
.....
Municipal bonds
....
199,493
232,382
.
1,000
1,000
....
Water loan
500,000
149,000
1,170,000
100,000
200,000
880,000
3,660,000
87,000
2,550,000
2,621,000
195,000
3,408,000
2,000,000
640,000
4,191,500
1,062,000
500 Ac.
do
River improvement bonds
500 &c.
Municipal and School bonds
South Park loan (secured on South. Div.)
West Chicago Park (secured on West. Div.)...
1870
i,obo
1863 to '72 500 Ac.
Cook County debt
Cincinnati- Loans to Railroads.F,A, G,H,IA M 1844 to '54
1,000
Bonds to 0.& M. RR. to purchase whf. prop.N
1855
1,000
....
--
Bonds for erection of a Workhouse
1868
1,000
Bonds for Water Works
C2&C3
1868
1,000
Bonds for Common School purposes
P 1860 to '61
1,000
Bonds to O. A M. RR. to purchase whf .prop.. N
1855
1,000
Bonds for ext. ana impr. Water W. .C, D. & E 1847 to '50 500 Ac.
Bonds for funding floating debt
A2 1847 to '48 500 &c.
Bonds for new Hospital
8AS2 1867-’68
1,000
Bonds for funding floating debt
1853
L
1,000
Extension and improve. Water Works.. .K AF
1853
1,000
Bonds to purchase Orp’n Asyl. grds. for park.O
1858
1,000
1869
Bonds for sewerage
1,000
R
Bonds for improving Gilbert avenue
1869
U
1,000
Bonds to build Eggleston avenue sewer... .B3
1869
1,000
Bonds for improvement
1871
W
1,000
Bonds for Water Work purposes
C4AC5 1871-’72
1,000
General improvement
1871
1,000
W2
Cincinnati Southern RR
1872-’74
500 Ac.
do
do
1874
1,000
do
do
1876
500 Ac.
($3,142,000 are gold 6s)
do
do
1878
(for $2,000,000)
1874
Floating debt bonds, coupon
1,000
Park improvement
1875
1,000
Water-works bonds
: D1
1875
1,000
1876 *
Hospital bonds
Street improvement bonds, short
1876-’77
Cleveland— Water works ($225,000 are 6 p. ct.). 1854 to '75
Funded debt ($100,000 are 6 p. ct.)
1854 to'74
Lake View Park
1872 to '74
Canal and canal lock
1874 to '76
School ($294,000 are 6 p. ct.)
1864 to '71
House or Correction
1868
Main sewers, special assessment
1860 to '76
Street improvem’ts do
Street openings, Ac. do
1876-77
Infirmary and River dredging
$13,111,215 for personal; total real and personal,
$229,593,016,
against $227,013,123 in 1816. The debt
of Kings County, separate from the debt of Brook¬
lyn, is $4,181,821, of whieh the city is responsible
for nineteen-twentieths. Average tax rate in 1877,
$3 17 per $100, against $3 25 in 1876. (V. 24, p. 63;
Y. 25, p. 358; V. 26, p. 282.)
Buffalo.—The funded debt, January 1, 1877,
was
$4 ,126,250, exclusive of water bonds, and floating
debt, $333,273. In 1875 real and personal property
were assessed at $39,968,105; in 1870 rule of valua¬
tion changed and assessment was $111,995,905. In
1877 real estate was $91,130,870; personalty, $8,844,705; total, $99,975,575. Buffalo also pays 7-10 (being
Since
debt.June
1877,
t712,890) oftheErie$l,0t0.
county
City1,tax-rate,
1877, coupon
exchangeable for registered. (V.
12 43 on
bonds have been
....
to
$711,387. December 1, 1876. The investments are
nearly all in city bonds at par and stamped “ not
negotiable.”
Only $52,000 debt matures before
1831.
Tax valuation, 1875, $66,623,014; 1877, $55,000,000. Total debt, $4,805,175. Population, 1875,
47,838.
Charleston, 8. C.—The bonds of Charleston are
mostly held within the State of South Carolina.
The assessed value of real estate in 1877 was
$18,669,623; personal, $7,922,155; rate of tax, $2 60 per $100.
(V. 26, p. 360.)
Chelsea, Hoar.—Sinking fund, $45,800, and $21,000
to be added annually. Tax valuation, 1876, $17,750,Total debt, $1,729,400. Popula¬
530; rate, $1 70.
tion, 1875, 20,737.
J.
J.
M.
J.
J.
J.
J.
J.
J.
J.
A
A
A
A
A
A
A
A
A
A
Y*Ar
w
'
*
Due.
1915 to'24
1915 to '24
do
do
do
do
do
do
do
do
do
N.
J.
J.
J.
J.
J.
J.
J.
lip
&pq,b
Pf1
;3C
2
w
fl
08^
Pi
cc
u
CO
s*
)..
1881 to 1908
3 years
3 years
3 years
from date.
from date.
from date.
1880
1875
1878-1881
to 1895
to 1895
to 1893
to 1926
July 1,1896
Prior to 1936
July 1,1878-’81
July 1, 1879-*82
1878
1893
1881
1878
5*2
1879 to 1883
Boston, N. Bk. Redemption
do
1879 to 1895
do
Various
Feb. 17,1883
do
do
F. A A.
do
do
F. A A.
Aug. 1,1891-’97
1878 to '97
New York and Boston.
J. A J.
do
do
J. A J.
July 1, '82 to '95
do
do
July 1,1880
J. A J.
1880 to '95
do
do
J. A J.
1890 to '95
do
do
J. A J.
do
do
J. A J.
July, 1895 A '96
do
1881 to '99
do
J. A J.
do
1878 to '79
do
J. A J.
1890
New York (see remarks.)
J. A J.
M. A N. N. Y., Metropolitan Bank.
May 1,1880-'92
1880 to '84
Various N. Y., Am. Exchancre Bank.
cLo
do
M. A N.
Nov., 1885
do
do
June, 1888
J. A D.
1888 A 1889
do
do
Various
do
do
Jan., 1890
J. A J.
do
do
M. A N.
Nov., 1890
do
do
A. A O.
April 1,1895
do
do
M. A N.
March, 1897
1897
do
do
Various
do
do
J. A J.
Jan., 1900
do
June A Oct., 1900
do
Various
M. A 8.
Cincinnati.
March, 1908
M. A S. N. Y., Am. Excb. Nat. Bk.
Sept., 1899
210,000
7 3-10
250,000
7 3-10
300,000
6
99,000
6
195,000
6
397,500
6
146,500
7 3-10
750,000
6
60,000
6
175,000
6
100,000
7 3-10
150,000
7 3-10
150,000
7 3-10
100,000
7 3-10
136,000
7
450,000
7
600,000
7
700,000
7 3-10
9,300,000
6,000,000 6g. or 7*3
1878 to 1882
April 1,1889
Jan. 1,1893
Jan. 1,1881 to '96
Jan. 1, 1903-4-5
Apr.A Oct. 1/84-5
July 2,1886
July 1,1881 to '96
Aug. 1,1883
Apl. 1,1887-1895
May, 1889-1891
1878 to '98
1883 to '84
1890
A. A O.
M.
A.
M.
F.
J.
J.
J.
M.
do
do
do
do
do
do
do
do
do
do
Sept., 1899
Ocfc, 1899
March 1,1886
Aug., 1886-'97
do
do
New York
do
July 1, 1902
July 1, 1902
A S.
A O.
A
S.
A A.
A D.
A J.
A J.
<
A N.
do
or
London.
Dec.
1,1891
May 1, 1906
'
7*
1,000,000
*
7
7
7
50,000
300,000
50,000
300,000
1,700,000
1,431,000
315,000
264,000
409,000
200,000
647,259
1,335,441
1,010,463
111,000
6 A 7
6 A 7
7
7
6 A 7
7
6 A 7
6
M.
J.
F.
M.
A
A
A
A
Personal.
$13,180,677
2!,637,500
25,892,303
31,193.135
31,587,545
66,495,116
140,857,040
174,505,410
211,3 1,240
223,643,600
236,898,650
$3,711,154
do
do
do
do
do
do
May 15,1904
Jan. 1, 1896
Aug.,'85, '90 A'95
May 1,1906
1878 to'82
1879
1878
1887
1894
1878
to'95
to'94
to '92
to '96
to '88
1878, '83 A '84
1878 to'92
1878 to '84
1878 to '86
1878-’87
In July, 1878, coupons on West Park bonds were
paid in Chicago, instead of New York, but payment
in New York is promised hereafter. (V. 23, p. 622;
V. 24, p. 443; V. 26, p. 192, 289, 436, 522.)
Cincinnati.—In addition to the issues above
named, there remain several smaller amounts, as fol¬
lows: $108,000 5s, November, 1834; $56,000 (YY2, &
O.) 6s, 1886-88; $17,000 6s (Q.), Nov., 1890; $27,000
6s (A.), Mar., 1897; $50,000 (H2.), Aug., 1897; $50,000
(Z.), Nov., 1838. By the census of 1870 population
was 216,239, against 161,044 in 1860.
Tax rate for
1877, $29 10 per $1,000. The following table from
the books of the Auditor of Hamilton County,
Ohio, exhibits the assessed valnation of the city or
Cincinnati in the year 1860 and from 1870 to 1877:
Rate tax
Real
1874
1675
258,549.310
45.155,830
18 00
125,468,605
131,222,460
18 00
18 00
1877
113,684 314
48.295,641
36,815,713
34,715,834
239.154,890
Y., Am. Exch. Nat. B'k.
....
Assessed Value.
Real Estate.
N. N.
J.
A.
N.
Various N. Y., Am. Exch. Nat. B’k.
do
do
Various
do
do
Various
do
do
Various
do
do
Various
do
do
J. A J.
do
do
Various
do
do
Various
do
do
Various
do
do
262,969,820
15 00
20
13
14
15
15
10
00
00
00
00
00
00
15 00
18 00
Population in 1870 was 306,605, and in October, 1876,
407,661, jpgainst 109,260 in 1860. The So. Park, West
Chicago Park, and Lincoln Park loans are not
the
>
Brooklyn.
.
1873
debts of
J;
J.
♦
5,355.393
5,843,776
5.855,377
5,552,300
19,447,941
51,392,604
53,939,469
54,653,640
52,342,950
52,847,820
45,042,546
49,103,175
18^0
1862
1866.
1867
!668
1869
1870.
Principal—When
Where Payable and by
Whom.
Various
Buffalo and New York.
Buffalo.
Various
Various
Buffalo and New York.
do
Various
do
N. Y., Gallatin N. Bk.
J. A J.
M. A 8.
Buffalo A New York.
do
J. A J.
do
do
J. A J.
do
Various Boston, Bank Redemption.
A. A O.
do
do
J. A J.
Boston, Tremont Bank.
J. A J. Boston, Bank Redemption.
do
J. A J.
do
do •
A. A 0.
do
do
J. A J.
do
do
J. A J.
do
do
F. A A.
do
do
A. A O.
do
do
M. A N.
do
Charleston.
Q.-J.
do
Various
New York City.
J. A J.
$842,352.
1653
...
Payable
.
of
i
7
7
7
7
6
6
7
6
5
5
0 £•
6
6
6
6
6
6
6
6
6
6
7
7
6
7
6
6
7
6
7
7
6
7
7
7
7
6
6
r
When
Chicago.—The total funded debt Jan. 1, 1878. was
$13,361,000.
Old certificates of
indebtedness,
$485,513.
Revenue time
warrants, $2,784,133.
Assessed value of real property, 1877, $113,634,314; personal, $34,715,f34—-total, $148,400,148. Tax
rate, 1877, 2*704. This is the Illinois State valuation,
and the ci-y debt is limited to 5 per cent of that. A
decision of the III. Supreme Court in Feb., 1878,
held the certificates of debt issued prior to May,
1877, as In violation of this and void. A subse¬
quent decision held city scrip of 1877 valid. Of the
funded debt, $4,540,000 is on account of the
Water Works, which last year yielded an income
22, p. 233, 521; Y. 23, p. 1350
Cambridge, Mass.—The sinking funds amounted
7
6 A 7
100,000
Sewerage bonds
Chicago—W ater loan
7
2,147,250
1,000,000
750,000
2,829,382
100,000
1,000
1,000
1,000
1,000
500,&c.
1,000
1,000
•
7 A 5
2,950,000
1853 to '54
1866
—
Funded debt
do
Water loan
7
4,744,000
618,000
842,000
1,000
1870
7 A 5
200j000
ljOOO
......
6127581
Cambridge, Mass.—City bonds
City bonds
Rate.
$1,000
1857 to '72
1872 to'75
Permanent water loan
INTEREST.
Size or
Amount
par
outstanding.
Value.
For explanations see notes on first page of tables
Brooklyn—( Continued)—
Prospect Park loan, registered and coupon
=
by giving immediate notice of any error dlseorered In tbese Tables.
Subscribers will confer a great flavor
DESCRIPTION.
ix
city, bat of distinct corporations.
Year.
1860..
1870..
1871..
1872..
1873..
1874..
1*75..
1876..
1877..
estate.
Personal
estate.
$61,620,904 $31,411,812
78,736,482
123,427,888
119,621,856
121,479,280
126,231,790
125,976,835
127,143,900
128,820,270
57,370,754
56,934,044
55,462,410
64,166,460
58,718,284
58,521,730
56,809,066
50,699,872
Total
per
valnation.
$1,000.
$17 4ft
81 60
22 20
20 10
23 06
23 38
28 82
27 04
29 10
$93,032,716
136,107.236
180,361,932
175,084,293
185,945,740
181,950,074
184.498,565
183,952,936
179,430,142
—The city is the sole owner of the stock of the
Cincinnati Southern Railroad, which is leaded to a
company formed to operate it. (V. 23, p. 379, 514;
V. 24, p. 11; V. 25, p. 16; V. 26, p. 384, 469, 522; V.
27, p. 94, 172, 251, 280.)
Cleveland.—The valuation of property for taxation
in
1877 was $51,732,029
tax rate,
real, and $10,296,122 personal;
1878,1717-20 mill*, of which 8 1 *6 mills are
levied for interest and sinking
fond.
The sinking
CITY
X
Subscribers will confer
a
great favor
DESCRIPTION.
For explanations
see
notes
on
first page of tables.
SECURITIES.
by giving: Immediate notice
Date of
bonds.
Size
Cleveland—( Continued)—
Viaduct (mostly F. & A., A. & O. and J. & D.) 1873 to ’77
$1,000
Bonds
:
1877
1,000
Bonds
1878
1,000
Detroit, Mich,.- Bonds
for various City purposes
Bonds for Water Work Co., on
city’s credit...
Public Building stock (City Hall) bonds
Public sewer bonds
Elizabeth, N. J.—Improvement bonds
Funded debt bonds
School House bonds
Market House bonds
Consolidated improvement bonds
Bonds due 1905
Fall River, Mass.—City notes
1855 to ’59
1855 to’76
1859 to ’71
1872 to ’74
1871 to ’74
1870 to’75
1872 to ’73
1865 to ’66
1875-’76
•
City bonds.
•
do
do
Water loan
do
do
•
•
•
•
•
.
Fitchburg, Mass.—City notes
-
*
•
....
City bonds
Water loan
do
:
Galveston, Texas~ Bonds for various purposes... 1860 to ’74
Limited debt twyids (sinking fund 2
per cent).
1877
Galveston County bonds, G. C. & 8. F. RR
1876
Hartford, Conn.—Water bonds ($50,000 due’81)
Water bonds
....
do
do
City bonds (H. P. & F. RR)
Park bonds (4 of these bonds
Funded debt
©
©
®
®
.
.
.
.
are
for
$500 each)
....
Capitol bonds
Holyoke, Mass.—City notes
City bonds
,
.
.
.
1871-’74
1874
Water loan
Railroad loan
66,000
2,477,000
Large.
850,000
50,000
1,000
400,000
1,000
300,000
100,000
505,500
306,000
1,000
414,000
1,000
1,000
250,000
125,000
475,000
202,000
500,000
130,000
300,000
'1,000,000
1,000
1,000
1,000
1,000
1,000
227,000
243,000
250,000
....
1,000
1,000
1,000
226,500
155,000
Various.
1869
1869
1869
Various.
do
bounty loan
Greenville street improvement bonds
Various.
Ten-year bonds, coupon or registered
Lawrence, Mass.—Funded debt
Funded debt
do
Water loan
Lewiston, Me— City bonds ($25,000 each year).
City bonds ($50,000 each year)
do
($110,000 due 1885, $210,000 1891)
109,500
100,000
100,000
1,163,000
3,109,800
255,000
622,000
1,866,000
3,433,000
125,000
921,000
500,000
171,050
150,000
400,000
152,000
103,000
l,000&c
,
1876
1859 to ’64 5000&C.
1862 to’75 5000&C.
1874
1,000
1873-’75
500 &c.
249.000
150,000
91,700
133,000
262,000
1,300,000
50,000
100,000
320,000
Lewiston & Auburn Railroad
Water bonds
Louisville, Ky.—For Jeffersonville
RR. stock...
Subscription to stock of L. & N. RR
Water works
do
For improvement of streets
Re-constructing street
Public buildings and institutions
Public school and school houses
Sewer bonds
do
Elizabeth & P. Railroad
Wharf property
fund, Jan.,’76, amounted
to $1,700,000, market value.
The sewer, street
improvement
and street opening
bonds are for special local
improvements, and
redeemed by assessments on the
property
fitted.
bene-
1852
1854
1857 to’67
1873
1866 to’67
1873
1871 to ’73
1853 to’70
1868
1871
1868 & ’73
’54,’62,3. 8
-
300,000
300,000
300,000
200,000
Various
l,000&c
l,000&c
Various
500 &c.
6 &
6
500,000
.
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
224,000
500,000
143,000
392,000
1,335,000
76,000
201,000
600,000
650,000
202,000
81,000
425,000
1,993,000
293,000
M. & S.
....
‘
6
7
6
6
73
73
7 3
7*3
7*3
8
5
6
7
6
7
7
7
7
6 & 7
7
7
7
7
Various
A. & O.
J. & J.
A. & 0.
City Treasury.
Jan.
City Treasury.
J.
J.
J.
J.
J.
J.
A.
city, and 8% for town pur¬
city is recommended.
poses; for 1878, 8)4 mills for
Holyoke, Mass—Bonds all coupon, but can be
Detroit, Mich.— The amounts of bonds
outstanding
Total debt,
given less those held by sinking fund. The registered. Sinking fnud, $12,000.
population in 1370 was 79,601; in 1874, by State cen¬ $96^,500. Tax valuation, 1877, $9,399,820. Popula¬
tion, 1875, 16,260.
sus, 101.083.
The value of waterworks is
$4,483,880,
against a debt of $1,551,000. The waterworks bonds
Indianapolis.—The assessment of taxable
are issued on a
pledge of the city credit, and $75,000 erty in 1877 was $55,367,215; taxes for that prop¬
year,
per year collected in taxes to pay interest on them.
$620,112, or a levy of $1 12 per $100. The bonds
valuation, 1877, real estate, $71,359,605;
personal, $2*4,349,770—total, $93,709,375, which is
made on
the basis or true value, but
prior to 1876
assessments were on basis of 30
per cent of real
value.
Tax rate, $0 92 8-10 per
$100.
Elizabeth,N. J.—Total debt of the city of Eliza¬
beth Jan. 1, 1878, was stated at
$5,380,000, as fol¬
lows: General debt,
$2,950,000; assessment debt.
$2,430,000. Estimated true value of real and
per¬
sonal property, $32,000,000;
assessed
valuation,
$16,000,000.
Tax rate is $2 50 within the
lamp
and water district, and $2 10 outside.
Population
in 1875, 25,000.
.
Fall River. Mass.—The
sinking fund amounted to
$143,0 8, January 1, 1877. The water works are
completed. Total debt, $3,517,04*. Popula¬
tion, lb7o, 45,340.
Fitchburg, Mass.—Sinking fund, $69,500. Total
debt, $894,993. Tax valuation, 1876, $11,711,888.
Bonds all coupon. Population, 1875, 12,289.
now
Galveston, Texas.—The total city debt Sept. 1, ’77,
$861,400, of which all are 10 per cent, currency,
except $35,000 park 8s, due 1892-1902, and the limited
was
debt bonds.
(V.
25, p. 283.)
to Union
RR. Transfer Stock Yard Co. are secured
on the property.
The School Board
is a distinct organization from the
city, created
by a separate act of the Legislature; levies its
own tax, which is collected
by the City Treasurer,
but is included in tax rates and amount above
given. There are a few other small issues, amount¬
ing in all to about $50,000.
by mortgage
Jersey City.—The total bonded debt of the city,
April 1, 1877, was stated at $14,737,450. The sinking
fund was $770,000. Assessed valuation, 1877:
Jersey
City, real $54,581,869, personal $6,0 3,150; Hoboken,
real $14,016,900, personal
$1,449,400; Bayonne, real
$5,183,255, personal $159,775. Population by State
censns in 1875 was
116,883, against 85,000 by U. S.
census of 1870.
(V. 22, p. 521.)
Lawrence, Mass.—Total debt, $1,872,650, of which
$300,000 matures in 1877. No sinking fund. Tax
valuation, 1876, $23,903,598; rate, 1*90. Population,
1875, 34,916.
tewi*ton, Mi?.—Total
$118,507.
debt,
The railroad bonds
the Lewiston & Auburn
RR.,
the cities of those names.
$1,200.90'); assets,
were
1878 to 1888
’
1878 to 1886
Oct. 1,1889
Jan. 1,1900
Jan.&Apr.l, 1894
Jan. 1,1889, to’90
J.
N. Y., Winslow, L. & Co.
Jan. 1, 1897
& J.
do
do
July 1, 1893
As J.
do
do
July 1, 1894
& J.
do
do
July 1, 1894
& J.
do -■=
do
July 1, 1895
& J.
do
do
Jan. 1, 1899
& O.
do
* do
Oct. 1, 1878
A. & O.
do
do
Oct. h 1882
J. & J. N. Y., Merch. Ex. N. Bank. Jan., 1879 to ’95
Various
do
do
1899 to 1913
J. & J.
do
do
July 1, 1907
J. & J.
do
do
July 1,1913
M. & N.
do
do
May, 1891
Various
do
do
1892 to ’94
J. & J.
do
do
June 8, 1900
Various
do
do
Various.
J. & J.
do
do
July 1,1896
Various
do
do
Various.
J. & J.
do
do
Jan., ’98 to 1900
J. & J.
do
do
July, 1889
J. & J.
7
do
do
July 1, 1879 & ’89
7
Various
do
do
Various.
7
J. & J.
do
do
Various.
7
J. & D.
do
do
June 1,1886
5 is
Various
Boston, Tremont Bank.
1878-1884
6
Various
do
do
1878 to 1892
6
J. & J.
do
do
July 1,1894
6
A. & O.
do
do
Oct. 1, ’90, to 1906
6
J. & J.
City Treasury.
July 1,1878 &' 82
6
J. & D.
do
June 1,1883 &’88
6
J. & J.
do
July 1,1885&1901
6
J. & J.
do
July 1, ’93-1913
5
A. & O.
do
0ct.l,’97-1907-’17
6
A. & O. N. Y., Mercantile N. Bank.
April, 1882
6
“ A. & O.
do
do
April, 1883
6
Various
N. Y., Bank of America.
1887, ’89, 91
7
M. & S.
do
do
March 1,1883
6
Various
Louisville.
1886,’ 96, ’97
7
J. & J.
N. Y., Bank of America.
July 1, 1903
7
Various
N. Y., Bank of America.
1891, ’92 & 1903
6
Various New York and Louisville.
1883 to ’89
6
J. & J. Louisville, City Treasurer.
July, 1898
7
J. & D.
N. Y., Bank of America.
June, 1901
7
Various
do
do
1888 & 1903
6
Various Louisville and New York.
1878 to 1898
are
Assessed
do
do
do
&
Hartford, Conn.—Total debt, April, 1878, $3,050,000; net, after deducting resources, $2,152,100. lax
rate in 1877, 9X mills for
City Treasury.
Various
do
1878 to 1891
5 S- F. & A.
Boston, Revere Bank.
Aug. 1, 1894
6
M. & N. Boston, Bank
Redemption.
May 1,1895
6
M. & N.
do
do
Nov. 1,1878-1880
6
M. & N.
do
do
Nov. 1,1892-1906
6
F. & A.
do
do
Aug. 1,1899-1905
7
M. & N.
City Treasury.
Nov. 20, 1882
6
J. & J. Boston, Merchants’ Bank.
July 1,1893
6
J. & J.
do
do
July 1,1891
6
J. & J.
do
do
July 1,1895-1906
10
Various
Galveston.
1874 to '95
8
M. & S.
do
1907
10
J. & J.
New York.
1906
6
J. & D. Merchants’ Bank, Boston. June 1, 1879 &’81
6
J. & J.
do
do
July 1, 1881
6
J. & J.
Phoenix Bank, Hartford.
July 1, 1890-’93
6
F. & A.
City Treasury.
Aug. 1, 1900
6
J. & J.
Suffolk Bank, Boston.
June 1, 1891
6
F. & A. Merchants’ Bank, Boston.
Aug. 1,1882 & ’84
6
J. & J*
Jan. 1, 1893
City Treasury.
6
J. & J.
do
Jan. 1, 1897
400,000
30Q,000
372,000
1872
($60,000 are J. & J.)
1873
Indianajtolis—Bonds to railroads
1869 to ’70
500
Bonds to Un. RR. Transfer Stock Yard Co
1877
1,000
Loan bonds, series A
1873
1,000
do
do
B
1874
1,000
do
do
C
1874
1,000
do
do
D
1875
1,000
Purchase-money bonds—Southern Park
*...
1874
500
School bonds—By Board of School Comm’rs.
1873
1,000
School loan, coup
1877
Jersey City— Water loan bonds, mostly coupon. 1852 to ’67 1,000
1,000
Water loan bonds, mostly coupon
1869 to ’73
1,000
do
do
do
1877
1,000
Forty-year bonds
1873
1,000
Improvement bonds
1871
500 &c.
do
do
1872 to’74
1,000
Morgan street dock
1870
1,000
City bonds, coupon
Various.
1,000
Funded debt bonds
1872
1,000
Hudson City bonds
Bergen school loan bonds
do
sewerage bonds
do
improvem ent and water bonds
.
(?)
100 &c.
....
Various
1,000
....
....
7
5, 6, 7
729,500
767,000
90,000
1,000
1,000
1,000
1,000
....
•
1,000
1,000
1,000
1,000
due.
268,200
600,000
600,000
340,500
.
Principal—When
payable
and by
whom.
430,500
1,501,000
....
Where
7
7
6
6
7
7
7
7
7
7
7
200,000
141,400
1,000
When
payable
Various N. Y., Am. Exch. Nat. Bk.
1893 & 1907
New York.
Sept. 1, ’78, to ’86
do
1898
Various N. Y., Metropolitan N. Bk.
1878 to ’89
Various
do
' do
1878 to 1906
Various
do
do
1879 to ’91
F. & A.
do
do
1892 to ’94
Various N. Y., Farmers’ L. & T. Co.
1878 to’81
Various
do
do
1880 to ’95
Various
do
do
1881 to’93
Various
do
do
1878 to’86
A. & O
do '
do
1885 to ’96
213,000
1000<fcc.
1,000
....
Rate.
$1,568,000 5, 6, &7
....
discovered in these Tables*
INTEREST.
outstanding.
value.
of any error
Amount
or
par
[VOL. XXVII,
i?8ued~to build
which is owned by
Louisville.—The funded
debt, January 1, 1878,
ible by railroads,' was
$8,182,000, against $•‘,258,000 January 1, 1877. Of
the $8,182,000 there ia payable out of the
sinking
fund $3,664,000; payable by special tax,
$4,518,000.
Population by census of 1S70 was 100,750, against
68,033 in 1860; now estimated upon tho baBis of 7 to
exclusive
a
of
loans
p y
voter makes 120.000.
Assessed value of
property
highest in 1874, being then $78,295,114; in 1878 it
$03,194,487. Rate or taxation for all city purposes
was
is
in 1877
was
$2 25
on
$100 in euch district.
The fol¬
lowing figures give the assessed property valuation
for the past nine years. For 1870, $70,806,712;
1871,
$76,845,995; 1872, $77,156,642; 1873, $77,225,372; 1874,
$78,295,114; 1875, $75,536,812; 1876, $71,849,772; 1877,
$03,522,947; 1S78, $63,194,487. In order that this
shriukage in values may be better understood, the
following table is added:
1874.
1876.
Gronnds& impr’ts.$62,918,922 * 56,380,964
Merchandise
9,696 40i
9,061,150
Residuary
Personalty
5,664,930
714,860
6,897,733
509,9.5
1S78.
$48,770,596
7,213,601
6,614,321
595,969
The Mayor in his message, May, 1978, says
that
floating debt, Jan. 1. 1818, was $1,038,654,
the
less
also: “I
$761,902 of available tax bills. He says
deem it entirely appropriate to state here that the
bonded debt is realiy $315,000 less than the amount
above quoted, as the sinking fund has purchased to
date 297 6 per cent and 18 7 per cert
bonds, in all
315 bonds of $1,000 each, which they hold as an in¬
vestment.
This would in reality reduce the bonded
debt to $7,867,000. As assets against this liability
the city owns every share, except two, of the water¬
works; nearly $1,000,000 of gas etoex. $1,000,000 of
Nashville RR. stock, at 40c., or $400,000; whatf
property, &c., &c.”
CITY SECURITIES*
September 28, 1878. J
by giving immediate notice of any error discovered in these Tables*
Subscribers will confer a great favor
INTEREST.
Date of
Bonds.
DESCRIPTION.
For explanations see notes on
Size
par
Value.
first page of tables
Louisville, Ky.—(Continued)—
outstanding.
1868
Jail bonds
1869
For old liabilities
1870 to ’74
do
do
1871
Louisville. New Albany & St. L. Air Line RR.
1871
Change of gauge, Loufsv., Cin. A Lex. RR—
1871 to’73
Road bed
do
do
City bonds pay’ble by RRs.(mostly L. A Nash.) 1851 to’63
1852 to’75
Lowell, Mass.— City notes
1871 to ’76
Water notes.
1870
Water bonds
$1,000
$134,000
1,000
1,000
1,000
1,000
1,000
86,000
605,000
500,000
107,000
350,000
1,508,000
521,000
510,000
Lynn, Mass.—City notes
Large.
....
Water notes
City Hall and School House
Manchester, N. H.— City bonds
City bonds ($70,000 1884, $10,000 1885)
do
Water bonds
do
Sewer bonds
1,000
Large.
Large.
1,300,000
530,000
1,000
187<V3-’5 Large.
1871-’4-’6
1.000
1862 to’76 500 Ac.
1857 to ’67
1,000
Water bonds
Funded debt
471.500
450,000
387.500
44,200
117,000
80,000
70,000
200,000
400,000
1876
1872
1872
do
do
Water bonds, coupon
do
registered
c
Minneapolis, Minn—City bonds
City bonds
do
do
1,000
500
500
500
do
1875
Mobile— Funding bonds (act March 9, 1875)
1849
1,000
Nashville, Tenn.—Nashville & Chatt. Railroad.
1870 to’77 100 Ac.
Various city bonds
1,000
Newark—Bonds, city purposes (8. fund of 1859)
War bonds, floating debt, Ac. (s. fund of 1864)
1,000
Public scho ol bonds
Clinton Hill bonds, coup. & reg. (s. fd. 3 p. o.).
Corporate bonds,
coup, or
1875
1878
reg.(act Apr. 2V76)
liens).
Sewer and improvement bonds (local
.
Aqueduct Board bonds
Floating debt bds, cp. or reg. (act Apl. 21,’76)
Tax arrearage bonds
New Bedford, Mass.—City bonds
City improvement
1878 *
1876-’77
1861-’74
1875
War loan
1876
Water bonds
1867 to’76
do
do
1872-’74
Xkw Haven,
Conn.—Sewerage
City Hall
City railroad ($20,000 payable each year)....
City bonds (10-20 bonds)
N.Orleans—Consol.debt ($650,000pay’ble y’rly)
Railroad debt
Waterworks loan of 1869
Seven per cent funding loan of 1869
Seven per cent funding loan of 1870
Jefferson City (debt assumed)
Wharf impr. bonds (assumed by lessees)
Street improvement bonds
Consol, gold bonds (gen’l and drainage scrips)
Ten per cent bonds, deficit and old claim
New premium bonds (in exchange)
N. O. Waterw’ks Co. new bds. (for $2,000,000)
Newton, Mass.—City bonds and notes
Water loan ($600,000 6s, balance 5s)
New York—Water stock..
Water stock
Croton water stock
.;....
New Croton Aqueduct stock.
Additional new Croton Aqueduct
Croton water main stock
Croton Reservoir bonds
Croton
Aqueduct bonds
LoweU, Mass.—All
notes held by savings
Tax
valuation, 1876, $39,?,98,460; 1877. $39,345,266. Total
banks.
the
Water loan sinking fund, $69,967.
1877
1852
1871
1,000
1,000
Various.
City Treasury.
6,7
Various
Nov. 1,1890
1878 to 1890
6,7
Various
J. A J.
City Treasury.
do
1878 to 1890
Boston, Bank Republic.
July 1, ’91-’94-’96
6,6*2
6
6
do
M. A N. Boston, Bank Redemption.
5, 5*2, 6 Various Treas’y A Bost. Bk. Repub.
do
Various
do
5, 6
A J.
July. 1872
707,300
441,150
98,000
410,000
30,000
225,000
383,000
11,232,140
..
7
6
5
7
7
7
7
8
8
8
10
8
7
8
7
6
6
6
6 A 7
6 A 7
7
7
6
7
7
6
7
6,7
6
5
5
6
7
7
6
6
5
6
6
5
7
7
8
73
7*3
7 g.
10
5
Manchester, N. H.—Total debt, $1,019,491; assets,
F. A A.
M. A N.
Various
J. A J.
J. A J.
F. A A.
M. A N.
M. A N.
622.)
p.
Minneapolis, Minn.—Total debt, $971,500; tax
$83,367.
Memphis, Tenn.—The city has been in default for valuation, 1876, $21,834,078; bonds all coupon.
Mobile.—The valuation of property in 1877 was $11,interest since Jan. 1, 1873. The total floating debt
July 1, 1877, was $2,005,974 of which $735,420 was 022,049 real estate and $6,118,462 personal property;
tax rate, 1 6-10 per cent. Interest was in default
were nominal assets
(unpaid taxes, Ac.) to balance this of $2,113,690. from July, 1873. A settlement with bondholders was
The circular ef July, 1877, urging the city cred¬ offered by Act of March 9. 1875, viz.: $510 in 6 per
itors to accept the proposition nad the follow¬ cent bond for $1,000 of the old 8 percent.
The 5
“These new bonds are especially valuable, per cent bonds have a lien on city revenue, and
ing:
1st, because they and the coupons are made exchange for these was offered at 75 per cent of
receivable in payment of all taxes and demands their face.
Up to Jan., 1878, there had been
of the city, and this feature is expressly made settled, of old bonds, all except $12,100 of old
a
part of the contract with the bondholders; bonds, A, B & C ; $56,6 0 of bonds D. E & F; $38.2d, It is part of the contract, and irrepealable, 500 8s of 1871; $123,000 of Mob. & Gt. Northern RR.
that the city shall not issue any more bonds. 88; $16,000 wharves 8s; $30,000 Mob. A Ala. Grand
The annual levy of taxes for all purposes will of Trunk 8s; and $151,OOo Mob. A Northwestern RR.
overdue interest, and there
exceed the amount cf the annual interest
Hence the interest is
coupons on the.-e bonds.
ast-nred at all events, even if by inevitable misfor¬
tune the city should fail to pay the interest in
course
money.
The proposition is to issue the
new com¬
promise bonds in exchange for the present indebt¬
edness (including interest on past due indebted¬
ness) at 50 cents on the dollar. For judgments the
Legislature authorizes the payment of 55 cents.”
To April, '78, $1,800,000 old bonds had been funded.
Assessed valuation of real estate, 1875,
$19,329,600;
personal, about $6,500,000. Tax rate. $2 per $100.
Population in 1870, 40,230. (V. 23, p. 379; V. 24, p.
387; V. 25, p. 114.)
8s. Also about $145 000 overdue interest on these
issues. A mandamus was issued from the U.8. Cir¬
cuit Court, and the Auditor’s report says that
“
unscrupulous bondholders succeeded in grinding
poverty of our people the satisfaction or
their claims.” Population about 38,009. (V. 20, p.
out of the
302.)
Nashville, Tenn.—At the close of the fiscal year,
Sept. 30. 1877, there were $121,800 of past-due bonds
and $170,000 unpaid coupons. The total debt was
$1,671,360. Assessed valuation of all property, about
$12,000,000; tax rate, 1877. 2 per cent.
Newark.—The bonds in the first line in the table
are
April 1,1884-’85
May 1, 1893
July 1, 1890-’95
City Treasury.
1887-’92-’97-1912
do
do
July 1,1878 to ’85
Aug. 1,1878 to’87
Memphis.
j
do
do
do
do
do
do
do
do
do
do
do
do
do
do
1873 to 1902
1873 to 1900
1907
June 1,1891
Jan. 1,19?1
June 1,1896
Jan. 1,1902
Jan. 1,1902
Dec. 2, 1892
Feb. 2, 1894
May 1, 1905
1881 to 1885
1886 to 1900
J u ly,’91-’96-1902
Feb. 1, 1891 A ’99
Nov. 1, 1901
Mobile, Mob. Savings Bank
N«v., 1905
New York.
Various
.1875-77-79
Various New York and Nashville.
1870 to ’96
Various
1877 to’93
Newark, City Treasury.
do
do
Various
1878 to’91
do
A. A 0.
do
April. 1888, to’ 91
J. A J. Newark, Mech. Nat. Bank.
July 1, 1895
F. A A.
Aug. 1, 1908
M. A S. Newark, Mecb. Nat. Bank.
1879 to ’93
do
do
Various
1876 A 1892
do
do
1908
do
F. A A.
do
1886-’87
v
A. A O.
1879 to 1889
City Treasury.
do
A. A 0.
1891 to 1910
A. A O.
1878 to 1884
A. A 0.
1900 to 1904 '
A. A O.
1885 to 1909
A. A O.
1883 to 1909
A. A O.
Oct. 1, ’91 A 1901
City Treasury.
do
J. A J.
July 1, 1881
do
A. A O.
Oct. 1,1877 to ’86
do
J. A J.
July 1,1887-1897
J. A J.
New Orleans.
July 1, 1892
do
Various
1874-5 A 1894
do
Jan.
J. A J.
1, 1899
M. A S.
March 1, 1894
do
do
June 1, 1895
J. A D.
do
Various
1887 to 1897
J. A D.
do
Dec., 1880
do
F. A A.
Aug. 1, 1911
New York or London.
July 1, 1922
Q.-J.
New Orleans.
A. A 0.
April 1, 1881
Milwaukee.—'The city cannot issue debt beyond 5
per cent of its average assessed value for five years.
In 1876, valuation was $38,743,422 real, and $14,931,763 personal property; tax rate in 1875,25.64 mills.
(V. 23,
do
Suffolk Bank, Boston.
do
do
,
1879 to 1895
City Treasury.
387,000 5, 6A 6*2 Various
J. A J. Boston, Comni’nwealtk Bk.
5 A 6
July 1,1905
771,000
Inter’t is payable at City
1879 A 1880
5 A 6
Q.—F.
2,414,000
M. A N.
Nov. 1,1902
6 A 7
Comptroller’s Office,
500,000
New Court House, ex1883 A 1890
5 A 6
Q.—F.
2,900,000
6
cept such int. on the
Aug. 1,1884
250,000
Q.—F.
3,614,600 5, 6 A 7 Q.—F.
Aug. 1,1900
[ gold bonds as is paid
Nov. 1.1900A1906
abroad, and that is
4,566,000 5, 6 A 7 M. A N.
1907 to 1917
6 r
payable at Messrs.
970,637
Q.-F.
1907 to 1911
Rothschild’s in L’nd’n.
6
490,000
Q.-F.
1864 to’75 1,000Ac
1875
1,000
1841 to’63 100 Ac.
1872
! 100 Ac.
1846 to’69, 100 Ac.
1865-6 I 100 Ac.
1870 to ’77! 500 Ac.
1871 to ’771 500 Ac.
1865 to ’74: 100 Ac.
1866 to’70 100 Ac.
1875, 101,000.
City Treasury.
A. A O.
M. A N.
Population, 1875,49,688.
Lynn, Mass.—Total debt, $2,256,000. Sinking Sinking funds are provided for all the bonds.
fund, $106,470. Tax valuation, 1870, $20,827,115. There is also about $47,000 scrip issued to settle
old railroad bonds.
Population by State census,
Population, 1875. 32,600.
debt, $2,331,000.
1879 to 1896
1882 to 1896
Jan. 1, 1880-1894
J. A J.
Charleston, S. C.
J. A J. N. Y., H Talmadge A Co.
J. A D. Milw. and N. Y., A. Goettel.
do
do
J. A J.
do
do
J. A D.
do
do
J. A J.
do
do
J. A J.
J. A D. New York, Park Nat. Bank.
295,900
1871
1872
1881 to '93
1878 to 1894
1886 to 1894
Various
Various
Nov., 1900
700,000
646,000
179,600
223,000
148,000
100,000
400,000
200,000
499,000
60,000
200,000
150,000
4,382,250
775,000
1870
July, 1901 A 1903
M. A N.
3,030,000
’57, ’67,’70
F. A A.
J. A J.
Various
1880, ’94 A 1901
Sept., 1891
Feb. 1,1880
Is-
1,000
1,000
do
N. Y., Bank of America.
do
do
do
do
New York and Louisville.
Oct. 1, 1898
1889
do
341,000
60,000
300,000
900,000
350,802
242,000
100,000
429,000
1,171,000
250,000
70,000
50,000
60,000
124.500
110,000
115,000
125,000
1,785,122
214,000
1,155,000
73,000
1,000
1869
1869
1870
Various
M. A S.
do
do
1,300,000
500,000
400,000
700,000
2,500,000
1,000
1854-55
Louisville and New York.
A J.
1,890,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
A. A O.
J. A D.
J.
1,000
1,000
1,000
1,000
10,000
Wnom.
6
*
500
500
500
do
Western division
do
6
5 to 7
Due.
Payable
A J.
A J.
A J.
A A.
40,000
37,500
1,000
1,000
10,000
1,000
1,000
7
Where Payable and by
J.
J.
J.
F.
Suncook
£
6
6
7
7
7
When
J.
do
($8,000 1878, ’80, ’81, ’83, ’85)..
Valley Railroad
1867 to’68
Memphis, Penn.—School and paving bonds
Post bonds
1867, ’8, ’9 500 Ac.
1870
1,000
Funding loan, gold
Mississippi River Railroad bonds
1.857
Endorsement Memphis A Little Rock RR
1,000
1877
1,000
Compromise bonds, coupon
1861
500 Ac.
Milwaukee—Re-adjustment bonds
1871
General city bonds
1,000
Rato.
6
6
6
6
6
5
6
($100,000 each year)
do
Principal—When
Amount
or
payable out of the sinking fund of 1859, which
*
$113,663; those In second line out of
sinking fund of 1864, $1,013,623; public school bonds
out or public school fund, $141,911; Clinton Hill
bonds by sinking fund, $40,631; tax arrearage,
$165,000; against local improvement bonds the
city holds $2,074,513 of assessments unpaid and a
amounts to
lien
on
the
property.
Temporary loan bonds, Jan.
Valuation of real and
personal property, 1876, $97,116,004. Tax rate for
1, 1878, were $1,192,000.
all purposes,
1877, $1 96 per $100, against $1 93 in
1876.
Population in 1870, 105,059.
New Bedford, 3/as#.--Total debt, $l,250,6f0. No
sinking fund.
Tax valuation, 1870, $22,996,014.
Population, 1875, 25,895.
New Haven, Conn.—'Total debt. $939,000. Sinking
fund on City Hall loan, $47,969 73.
The city has
made a “ sppciftl loan” of $75,000 to the New Haven
A Derby RR
and “ guaranteed” $225,000 of its
second mortgage bonds, on which the city has been
obliged to pay the interest, and on $50,000 of the
special loan. Interest advanced to the road, $82,890.
Population, 1870, 50,640.
New Orleans.—A decision in June, 1878. holds
invalid the special tax provisions tor consolidated
bonds. The floating debt, Jan. 1, ’78, was $1,841,928.
,
The assessed valuation
of
property for 1878 is
$111,123,6«5, real and personal. State tax, 14# mills;
city tax, 15 mills; total tax, 29#. A scheme for
settling the debt by a bond premium drawing plan
is in practice, and drawings take place January 31,
April 15, July 31, and October 15. Popnlation in
1870, 191,418; in 1860, 138,670.
QL 26, p. 436, 617;
V. 27, p. 143. 226.)
Newton. Mass. -Total
debt, $1,243,054.
Tax valu¬
ation, 1877, $26,645,948; rate, 1*36. Population, 1875,
16,105.
New York City.—The total debt of New York,
Jan. 1, 1878, was $148,821,057; the amount ot
Xi\
CITY
subscriber* will confer
a
great foror
DESCRIPTION.
For explanations
see
notes
on
[Vol. XXVII
by giving Immediate notice of
any
Date of
first page of tables.
SECURITIES
Size
Bonds.
or
error
INTEREST.
Amount
par
outstanding.
Value.
discovered In these Tables*
When
Rate.
New York—<
Continued)—
Principal—When,
Where payable and by
payable
due.
whom.
Croton water pipe bonds
1869
100 Ac.
$450,000
7
M. A N.
1857 to ’59 100 &c.
3,341,071
6
Q.-F.
1874
500
500,000
7
M. A N.
1877
500
Central Park fund stock
24,000
5
M. A N.
1856
100 Ac.
Central Park improvement fund
399,300
5
Q.-F.
stock
1858 to ’71 100 Ac.
Dock bonds
3,849,800
6
Q.-F.
1870-’78
500 Ac.
Market stock
6,240,000 6g., 5,6,7 M. A N.
1865 & ’68 100 Ac.
6 A 7
City Cemetery stock
296,000
M. A N.
1869
100
Ac.
75,000
7
City improvem’t st’k (part red’mable after
M. A N.
1876
’96)
500
Ac.
do
2,025,900 5 A 6 g. M. A N.
do
1870-’73
500 Ac.
Lunatic Asylum stock
7,269,400
7
M. A N.
1869-’70
100 Ac.
Fire Department stock
6 A 7
700,000
M. A N.
1869- ’70
100 Ac.
Fire telegraph bonds
521,953
6
M. A N.
1870-’73
100 Ac.
Tax relief bonds
597,586
6
M. A N.
1869
100
Ac.
do
2,767,000
7
do
M. A N.
coupon
1870
500 Ac.
3,000,000
7
M. A N.
N.Y.Bridge bds ($1,500,000 red.after July,’90) 1869-’77 500 Ac.
3,000,000
5 A 6
Accumulated debt bonds
M. A N.
1869-’70
100 Ac.
Street improvement bonds
6,500,000
7
M. A N.
1874-’77
100 Ac.
Street opening and
3,661,739 5, 6 A 7 M. A N.
improvement bonds
1871
100 Ac.
Ninth District Court-house
1,000,000
7
M. A N.
bonds
1871
500 Ac.
300,000
7
Department of Parks improvement bonds
M. A N.
1874-’77
Ac.
500
3,498,000 5, 6 A 7 M. A N.
Assessment bonds
1874-’78
500
Ac.
12,626,000 5, 6 A 7 M. A N.
City parks improvement fund stock
1871-’78
500 Ac.
Normal school fund stock
5,658,000 5,6,7A6g M. A N.
1871
500
Ac.
Public school
6
200,000
M. A N.
building fund stock
1871
500 Ac.
636,000
Additional Croton water stock
6
M. A N.
1871-’78 500 Ac.
Sewer repair stock
1,140,000 5, 6 A 7 M. A N.
1872
500 Ac.
6
Consolidated stock
265,000
M. A N.
1874
500 Ac.
8,779.700
do
6 A 7
Various
20-50 (redeemable Julv
1876
’96;
500
Ac.
Museum of Art and Natural
2,058,350
5 A 6
M. A N.
History stock.... 1873-’76 500 Ac.
Third District Court-house
934,000
5 A 6
M. A N.
bonds
1874
398,000
Armories and drill-rooms
5 A 6
M. A N.
1877
500 Ac.
Liquidation of claims and judgments
5
375,880
M. A N.
1875-6
500 Ac.
Central Park commission
488,475
5
M. A N. |
improvement bonds
1876
500 Ac.
1,240,000
6
M. A N
County
Court-house stock
1862
to’68
100
Ac.
do
6
2,140,000
M. A N.
do
No. 3
1871
100 Ac.
do
600,000
7
M. A N.
do
No. 4A5
1872
Soldiers’ bounty fund bonds
5 A 6
521,600
M. A N.
1864
100 Ac.
Soldiers’ subs, and relief red. bonds
6
4,000,000
M. A N.
1864
100 Ac.
Soldiers’ bounty fund
6
946,700
M. A N.
bonds, No. 3
1865
100 Ac.
8oldiers’ bounty fund red.
745,800
7
M. A N.
bonds, No. 2
1865
100 Ac.
Riot
376,600
7
M. A N.
damage^red.
bonds
1864
100 Ac.
do
500,000
6
M. A N.
indemnity bonds
1864
to ’72 100 Ac.
Assessment fund stock
6
855,204
M. A N.
1868 to ’72 100 Ac.
do
6
1,719,400
M. A N.
do
1873
100
Ac.
do
493,200
6 A 7
M. A N.
do
1875
100 Ac.
6
Repairs to buildings stock
900,450
M. A N.
1870
100 Ac.
Consolidated stock, gold,
100,000
6
M. A N.
coupon
1871 to’72 500 Ac.
Accumulated debt bonds
14,702,000
6 g- M. A N.
1869 to ’70 100 Ac.
N. Y. and Westchester Co.
6,000,000
7
M. A N.
improvement bonds
1870
100 Ac.
Consolidated stock
6
30,000
M. A N.
1874
100
Ac.
For State sinking fund
1,680,200
7
J. A U.
deficiency
1874
100 Ac.
Debt of Westchester towus
3a 19,600
7
M. A N.
annexed
Cent. Park fund stock
($275,000 only due ’98)
Improvement bonds
,v
Third Avenue improvement
bonds (23d ward)
p
.
w
•
3781
Norfolk, Fa.—Registered
*3
00
1,000
1,000
125.000
1870-’74
1872-’73
1871
....
do
Funding bonds,
1,027,287
222,000
1858-’73
1802-71
1869-’71
1869-’77
1863-’65
1,000
1,000
500
500
500
500
500
100 Ac.
500
.=
..
bridges
for park and Centennial
for war and
bounty purposes
municipal, school, sewer, Ac
Guaranteed debt, gas loans
Peoria, Ills— School loan
Water loan ($50,000 each
vear)
50,000
160,000
300,000
1,000
.....
“A”
1877
Renewal bonds, “B”
^
1877-’78
Philadelphia—Bonds prior to consolidation
Bonds for railroad stock
subsidy subscript’ns
1855
do 'for water works
1855 to’71
do
for
do
do
do
415,800
500,000
1859 to ’70
1868 to’70
1862 to’65
1860 to ’70
....
....
Water loan
do
164,000
130,000
140,000
38,000
353,000
433,500
100,000
90,000
6,630,021
1,725,000
6,500,000
4,853,500
8,701,600
11,650,000
15,509,750
5,599,400
94,500
100,000
195,000
....
Bounty loan ($21,000 each year)
Peoria & Rock Island Railroad
sinking funds $31,080,007.
The
following statement
shows the details of funded
in the city unking fund at the debt, and the amount
dates named:
Description.
Jan. 1, ’77.
Jan. 1,’78.
July 1, ’78.
Funded debt... .$119,631,313
$121,440,133
Sinking funds.. 28,179,102 31,080,007 $113,866,983
30,076,542
Net debt
91,452,211
Temporary debt. 22,371,400
Revenue
bonds..
6,104,844
90,360,126
21,329,500
88,790.441
20,778,500
17,869,541
6,051,424
The population of New York
by the U. S. census
in 1870 was
922.531, against 805,658 in 1860. Since
Jan. 1, 1861, the
valuation, rate of taxation, and
net funded debt at end of
year, have been as fol¬
lows:
Rea'
Year, estate.
$
Personal
estate.
$
r—Rate tax p.
$1,000.^,
State. City.
1861.. 406.955.665
174,621,306 3 62
1862.. 399,556,404
172,416,031 3 87
1863.. 402,187,382 191,967,161
27
1864.. 410,774,435
223,920,505
1865.. 427,360,884 181,423.471
1866.. 47-,‘494,934 257,994,974
31
96
94
1867.. 555,447,062
276.389,451
67
1868.. 623,236,555 285
13
199,972
1369.. 684,183,918 281,142,696
72
1870.. 742,103,075 305,285,374
70
1871.. 769.3; >2,250 306,947,233
43
1872.. 797.148.665
20
306,949,422
1873.. 836,693.38(1 29i.5i7,643
41
1874.. ,881,547,995
272,481,181 6 95
1875.. 883.643.545
217,300,154 '—29
1876.. ,892,428,165 218
626,178 '—28
1877.. 805.863,933
206,028,160 '—26
878., .900,855,700 197,532,075
16
13
16
17
24
19
22
20
19
19
17
33
19
21
36
45
Net
debt.
*
f 20,087,301
08
29
!
21,695,506
26,185,190
33,769,601
94
35,973,597
06 1 33,654,683
03
32,914,421
17
tx) 35,983,647
98 a 47,791,840
80 '3 73,373,552
90 a 88,369,386
*
81
95,582,153
59 S 106,363,471
05 j 115,187,969
40—'
00-^
50—'
»
116,773,721
119,811,310
|^117,741,050
....
6
6 A 8
8
8
7
7
5
6 A 7
7
7
7
7
7
7
6
6
5 A 6
6
6
6
6
6
6
6
7
10
7
J.
M.
A.
M.
A J.
A 8.
A O.
A N.
A. A O.
J. A J.
A. A O.
J. A J.
J. A J.
J. A D.
J. A D.
J. A D.
J. A D.
J. A D.
J. A D.
Various
J. A J.
J. A J.
J. A J.
J. A J.
J. A J.
J. A J.
J. A J.
J. A J.
Various
M. A N.
J. A D.
155,000 7,6g.A7g Various
10
42,000
M. A S.
100,000
7
J. A J.
....
The tax rate for 1877 was
placed at $26 50, to
raise $29,176,940.
By an act of 1874 the towns
of West Farms, Morrisania
and Kingsbridge, em¬
bracing about 12,000 acres, were annexed
to New
York. The report of
Comptroller Kelly to
August
1, 1877, is given at some length in Y.
25, p. 198.
Last report of Comptroller in Vol.
27, p. 252. Mayor
Ebr, in nis message Jan. 1878. remarked: From an in¬
debtedness of about $18,000,000 oa Dec.
31, 1857, at
the expiration of ten
years, namely, December
1667, the amount had increased to $32,914,421 31,
26.
This covered the period of the
war, during two
years of which, 1863 and 1834, more than
$12,000,000
was added to the debt.
From 1867-8 may be dated
the accession of the
corrupt administration known
as “the
Ring” to full control. This dynasty con¬
tinued in power for
nearly five years, until
during which period the aggregate debt of the1872,
city
increased as follows : 186S,
$35,983,647; 1869, $47,1870, $73,373,552 : 1671, $88,369,3-6 ; 1872.
$95,582,153. Then followed an almost entire
change
of
!
P-5
(*1,3
®
c
©W
OD
.5 8
and many sincere efforts to econ¬
omize expenditures and diminish
the increase of
the public debt. But such
efforts were only to a
limited degree successful, as the
following table
of its increase from 1873 to
1876 will show:
1874
$106,363,471 ! 1875 ........$116,773,724
114,979,969
I
1876
The outstanding assessment
bonds
of local assessments ou
119,811,310
(payable
out
property benefitted) are
represented by advances to
contractors, advances
on Boulevard
work, and uncollected local assess¬
ments. (V. 22, p. 63,
568; V. 23, p. 135, 160; V. 24
p. 40, 158; V. 25. p. 17, 198, 358,
458; V. 26, p. 41; V.
27, p. 228, 252, 303.)
Norfolk.—The “Trust”
bonds dae April,
1892,
1878, ’82, A ’88
W £
1879 to ’82
©3
1890
Nov. 1,1878 to ’82
Nov. 1,1878 to’82
1901-1904
Nov. 1, 1891
6.9
Nov. 1, 1891
Nov. 1, 1891
Nov. 1,1882 A ’85
1894 to ’96
*
fe ©
May,’97,1916-’26
1903
Nov. 1,1890
1880 A 1881
July 1, 1879
Nov. 1,1878 to’80
1878 to’92
1884 to’88
1894 to ’98
1883 to ’90
1880 to ’81
1895 to'97
1891
1879
1882
1887
1903
1910
1884 to’88
1896 to 1901
1884 to’88
1891
1896
1879 to’86
gS
og
Pi
f"H
on
•0 o3
P<§
•
•
tog,
<u be
©
p
Norfolk, Treasurer’s Office.
do
do
1878 to ’85
Sept., 1890
.
Norfolk, Cit. A Peop. Banks Apl., ’92; July,’93
New
York, Park N. Bank.
Boston, Bank Republic.
do
do
do
do
do
do
do
do
May, 1901
1, 1893
1, 1898
April 1, 1907
Oct.
Jan.
Jan. 1, 1890 A ’98
Jan. 1, 1905
Dec., 1878-1904
Dec., 1879-1900
Dec., 1878-1886
City Hall, by Treasurer.
do
do
do
do
do
do
do
do
1892-1902
do
Dec., 1878-1900
do
June, 1887
do
do
1901-1904
Pliila., Far. A Mech. N. B’k
1878 to ’85
•
do
do
)
do
do
> 1878 to 1903
do
do
>
do
do
>
do
do
S 1878 to 1905
do
do
)
do
do
1883 to 1905
Citv Treasurv.
1878 to 1890
do
May 15,1879 A’81
do
June 1,1888
do
1889-1891
do
Mcli 1, 1882 A ’83
do
July 1,
1888
are secured
by deed of trust
Coupons of 1st series are payable
city property.
Bank;
coupons of 2d series at People's National Bank.
Tax rate, $1 60; water
tax, 40 cts., (special); total
rate, 2 per cent.
on
at Citizens’
Philadelphia.—The total funded debt, January 1,
was $55,722,441; guaranteed debt,
$5,999,400;
floating debt, $11,893,810.
funds, $12,333,367.
Total disbursements of Sinking
the city for 1877 were
$15,785,158, classified as follows: Judgments. Ac.,
1878,
$699,162; interest on city loan, $3,761,968; interest
city warrants, $652,181; sinking fund-, $809,245;
warrants of previous
years, $3,377,205; amount paid
on
loan
on
warrants,
buildings, $280,379;
$832,553;
$462,461.
erection
cash for the
of
public
departments,
The following table exhibits the assessed
valuation and tax rate in the
city since 1871:
791 84» ;
administration,
1889 A 1892
1889
1899
1884
1879
1890
1905 A 1926
1884 to ’88
"d
<£) O
•
100
100
100
100
’89,’92,’96 A 1926
§®
1,250,000
stock
1887 A 1895
Nov. 1, 1901 to ’8
1894 A 1897
1888
-g 9
v
Coupon bonds ($20,000 due ’94 are 6s J. A
J.)
Trust & paving, coup,
(pav’g, $189,300, J.AJ.j
Coupon bds, water (a mort. on water
works.).
Norwich, Conn— City bonds
City bonds
Water loan ($50,000
1890, $250,000,1898)...
Court House
Paterson, N. J.—School bonds
Funded debt bonds
*.
Improvement bonds...
Sewer bonds
($125,000 are M. AS.)
War bounty bonds
•
July 1,1898
£©
tl'O
P d
,
»
1880
1887 A 1898
1879
1880
Real
Year.
1872...
1873...
1874...
1875...
1876...
1877...
1878...
Estate.
...
....
....
....
....
....
$502,415,863
518,234,568
539,003,602
585,408,705
593,313,532
536,988,097
«
Personal
Estate.
Rate Tax
per $1,000
$3,608,819
$20 80
8,930,700
9,239,933
9,434,873
10,004,673
9,755,000
.
21
22
21
21
22
21
50
00
50
50
50
50
There is no large amount of
city debt maturing
in the
next five years.
Assessed valuations
of real estate
for 1878 are: Full city
property, $529,682,758; tax
rate, $2 15: suburban property, $37,813,901; tax
rate, $143>£; farm property, $19,511,438; tax rate,
$1 07X-
in 1860.
Population, 1870, 674,022, against 565,529
Peoria, IU —Total debt, $712,690; tax valuation,
1876, $14,574,105.
CITY SECURITIES.
September 28, 1878. J
Subscribers will confer
a
great favor by giving; Immediate notice or any error discovered In these 'Cables.
DESCRIPTION.
Date of
Bonds.
For explanations see notes on first page
*
of tables.
Size or
Amount
par
Value.
outstanding.
Pittsburgh—Water exten. loan (coup,
or reg.)... 1868 to’74
$....
Funded debt and other municipal bonds
1845 to ’72
Compromise railroad bonds (coup, and reg.)..
1863
Bonds impr. Penn.av., &c. (local assessment). 1871 to’73
Portland, Me.—Loan to Atl. & St. Lawrence RR. ’68,’69,'70 1,000
Loan to Portland A Rochester Railroad
1867 to'69 500 Ac.
do
do
do
1872
do
Portland & Ogdensburg
1872
1852-75
500 Ac.
Municipal—proper
Building loan bonds
1867
1,000
1855
lOOO&c.
Providence, It. I.—Bonds for public improvem’ts
$4,413,4005
....
....
....
....
....
Recruiting and bounty bonds
1863
1872
1874
1876
1875
1872
Water loan bonds, gold, coupon and reg
do'
do
do
do
City Hall &
do
sewer loan
do
b’ds, sterling, cp. or reg
A Springfield RR. bonds, guaranteed...
Prov.
Brook Street District notes
-
lOOO&c.
lOOO&c.
lOOOAc.
lOOOAc.
£100
....
1877
Rochester, N.Y.—To Genesee Valley Railroad
.
.
_
....
1875
....
....
Railroad loan
do
do
81. Joseph, Mo.—Bonds to St. Jo. & Den
Bonds to Missouri Valley Railroad
Bonds for various purposes
....
....
....
....
....
....
....
to ’69
1869
1858 to '69
Bridge bonds
1871
ft. Louis—Renewal and floating debt bonds
1846 to '71
Real estate, buildings and general purposes.. 1840 to '68
Street improvement bonds
1851 to'66
Water work bonds (old)
1856 to ’58
Tower Grove Park bonds (gold)
1868
Sewer bonds
1855 to ’69
Harbor and wharf bonds
1852 to '68
New water work bonds (gold)
1867 to '70
do
do
do
1872
Renewal and sewer bonds (gold)
1871 to '73
Renewal purposes, gold or sterling
1873
Rebewal, Ac., bonds, gold, $ and £L
1875
Renewal, Ac., bonds, gold or sterling, coupon.
1874
City RR. 1860
Various
Various
Various
Various
1,000
1,000
Various
1,000
1,000
1,000
1,000
1,000
1,000
1872
500
County bonds assumed—
Renewal bouds, coupon
Bonds to railroads, coupon
Insane Asylum
1867 to '71
1853 to '55
1867
1868
1872
1873 to '76
1875
County Jail
General purposes,
gold
Renewal, gold
Park bonds, coupon, gold
County bonds
81. Paul, Mini?.—Revenue bonds
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1875
-
1,000
Various
Various
Various
500 Ac.
....
Preferred bonds
8 per cent bonds
....
....
Lake Superior & Mississippi Railroad
St. Paul & Chicago Railroad.
Public Park (Cohio.)
1868
1,000
....
....
Salem, Mass.—City debt
City debt
.
.
.
.
Water loan
do
1877
San lYancisco— Bonds of 1858, coupon (gold)..
1858
1863 to'64
Judgment bonds, coupon (gold)
Central Pacific Railroad, coupon (gold)
1864
Western Pacific Railroad,
1865
de
do
1,000
1,000
....
School bonds,
Judgineht bonds,
■
do
do
do
do
1866 to'67
1867
1870 to'72
1874
School bonds
School bonds
Park
improvement bonds
Hospital bonds
1872 to '75
1871 to’73
House of Correction bonds
1874
City Hall construction
1875 to'76
Widening Dupont St. (Act March 4, 1876)
Savannah, Ga.—Construction of waterworks..
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
Pittsburgh— Cash
valuation
in
1876:
Real
property, $120,871.769; personal, only $2,570,404,
according to Comptroller’s report; “Occupation,”
1876
1853
1853
1853
1866
1869
1870
1870
1872
1873
500
500
500
500
500
500
500
500
500
500
500
500
&c.
&c.
&c.
&c.
&c.
&c.
Ac.
300,000
1,180,000
100,000
500,000
600,000
550,000
2,300,000
500,000
499,927
67,210
263,125
200,000
100,000
112,000
300,000
500,000
398,500
542,000
435,500
377,000
500
500
500 Ac.
100 Ac.
250,000
197,000
246,000
385,000
200,000
475,000
210,000
150,000
750,000
915,000
198,000
64,500
937,500
368,800
1,000
117,000
500
1,000
1,000
349,500
534,000
500,000
500 Ac.
400,000
Ac.
Ac.
Ac.
Ac.
Ac.
....
.
150,000
205,000
431,500
150,000
299,400
500,000
1,922,000
1,223,000
166,000
336,000
346,000
885,000
1,143,000
3,950,000
1,250,000
681,000
1,074,000
707,000
2,072,000
461,000
100.000
....
100 &c.
100 &c.
....
961,686
3,182,000
410,000
161,125
400,000
500
500
100 &c.
500
,
Bridge approach bonds (gold)
700,000
168,000
750,000
1,000
lOOOAc.
Various
lOOOAc.
.
....
Funding loan
Rockland, Me.—City bonds
-
2,241,000
2,179,469
5,028,800
787,000
700,000
450,000
1,350,000
2,195,200
568,000600,000
300,000
2,000,000
2,000,000
1,500,000
1,397,250
500,000
1,000
....
..
To Roch. A State L. and R. N. & P. Railroads.
For various city improvements
Water works loan, coupon and registered
St. Louis
xiii
INTEREST.
When
Rate.
Pay'ble
7
6 A 7
4 A 5
7
Various
M. A N.
J. A J.
....
Boston, Blackstone N. B’k.
....
5 A 6
6
6
5
5 A 6 g.
5 g.
5 g.
5 g-
m'ntkly
Population in 1870, 31,413, against 26,341 in 1860.
(V. 24, p. 512.)
Providence, R.I.—The principal debt of Providence
has been created since 1872 for water works, sewer¬
age and new City Hall. The floating debt at close of
fiscal year Sept. 30, 1877, was $2,497,196, including
above Brook Street notes »>nd $ 00,0 0 High School
notes. The assessed valuations of all property in 1877
were:
real estate, $85,789,&X); personal, $32,085,000.
Rate of tax, $14 50 per $1,000. Tha sinking fund
for bonds due in 1885, $479,237; sinking funds of
1893. $176,552; ’95, $78,264; 1000-6, $93,045. Popula¬
A
A
A
A
A
A
A
tion
by U. S. census, ’70,68,901; by State census, ’75,
100,800.
Rochester.—The bonds of Genesee Val. RR. loan,
7
6 A 7
7
m
m
m
m
m
5 A 6
6
6
6
6 A 7
7
10 A 6
10
6
6
6
6
6 g.
6
6
6 g.
6 g.
6 g.
6 g.
6 g.
6 g.
6 g.
7
6 g7
7
6 g.
6 g.
6 g.
6 g.
12 A 7
7
8
6
6
7
5 A 6
6
6
5
6 g.
7 g.
7 g.
7 g.
7 g.
7 g.
7 g.
6 g.
o g.
6 g.
7 g.
6 g.
7 g.
7
7
7
7
7
7
7
7
7
m
could
$168,000, are provided for by net receipts from a
lease of said road to Erie Railway Company after
paying the interest out of said receipts. Real prop¬
erty asse-sed, $48 000,000; personal, $2,000,000.
Rate of tax, 1877, $2 per $100.
Rockland, Me.—Total debt, $965,292.
We are
compelled to omit the details as to months when
1,731,670
2,«!1.6<i9
322,416
725,000
351,000
$6,544,427
The
expenditures were
$5,900,941
Unpaid warrants on hand April 11, 1878..
40,944
$5,359,996
April 10, 1873
$684,431
Comptroller gives the following in his
re¬
port to April, 1878: The liabilities appear as follows:
The bonded debt at the close of fiscal year
(April 9,
1878), was $15,996,000; the bonded debt of the late
county, assumed by the city. $6J59.000.
Other
liabilities—claim of St. Louis Gaslight Co. for gas
furnished, with interest, $683,000.
The sinking
fund is
follows: Assets of this fund at com¬
the present fiscal yea**. $590,095.
The resources available this fiscal year will be about
as
mencement. of
$110,000.
Assessed valuation of property in 1878,
in old limits,
$691,272
Proceeds of renewal bonds
m
.
In the last fiscal year
Municipal revenue collections
Special collections
Proceeds of anticipation notes
m
J. A J. N. Y., Nat. Bk. Commerce.
1879 to 1881
J. A J.
do
do
1879 to 1880
J. A J.
do
do
July 1,1887
M. A S.
do
do
Sept. 1, 1888
J. A D.
do
do
June, 1892
J. A J.
do
=•
do
1893 to 1896
A. A O.
do
do
April 1,1905
M. A N.
do
do
May 1, 1895
M. A N. N. Y., Kountzo Brothers.
1878 to’90
M. A N.
do
do
1878 to’86
do
Various
do
1889, ’90, ’96
J. A D.
1888 A ’98
J. A D. N. Y., Kountze Brothers.
1900
do
do
J. A J.
1879 to 1889
City Treasury.
J. A J. Boston, Merchants’ Bank.
Jan. 1, 1891
A. A O.
do
do
Apl. 1, 1883-1898
J. A J.
do
do
July 1, 1904
J. A J.
San Francisco.
Jan. 1, 1888
A. A O.
do
Oct. 1, 1883
J. A J.
do
July 1, 1894
M. A N.
do
May 1, 1895
A. A 0.
do
April 1,1881
A. A O.
do
Oct. 1, 1887
J. A D.
do
June 1,1882 to '90
J
A J.
do
July 1, 1894
J. A J.
do
1897 A 1904
M. A N.
do
Nov. 1, 1891
J. A J.
do
July 1, 1894
do
1899
J. A J.
do
1896
F. A A. New York and Savannah.
Feb., 1878
M. A N.
do
do
Nov., 1883
J. A D.
do
do
Dec., 1888
J. A J.
do
do
Feb., 1886
M. A N.
do
do
Nov., 1879
J. A J.
do
do
June, 1890
M. A N.
do
do
Nov., 1900
J. A J.
do
do
Jan. 1 1902
J. A J.
do,
do
July 1. 1903
Louis.—Population by the U. S. census in 1370
310,864, against 160,773 in 1860. The city and
county were merged by Jaw in 1877 and city as¬
The
-
....
5
7
St.
Balance in treasury
July 1, 1897
Sept. 1,1907
Boston and Portland.
1877 to ’91
D.
do
June 1,1877 A'87
S.
Providence.
Bept., 1885
J.
do
Jah., 1893
J. Boston, Prov. and London.
Jan., 1900
J. N. Y., N. City Bank, A Prov.
Jan., 1900
J.
do
do
July 1, 1906
J. London, Morton, Rose A Co
July 1, 1895
Providence.
1892
M. & S.
Treasury.
Sept. 1,1880-’84
J. A J. N. Y., Metropolitan N. Bk.
1879 to 1903
F. A A. New York and Rochester.
1893
Various
do
do
1878 to 1902
J. A J.
N. Y., Union Trust Co.
Jan. 1,1903
do
do
1905
Semi-an
1877 to 1897
City Treasury.
J. A J. Boston, First National Bk.
1878 to 1899
F A A.
do
do
1878 to 1899
M. A 8.
do
do
1878 to 1899
Various N. Y., Nat. B’k Commerce.
1880 to’89
M. A N.
do
do
Nov., 1889
Various St. Joseph and New York.
1878 to ’89
J. A J. N. Y., Nat. B’k Commerce.
1891
Various N. Y., Nat. Bank Republic
1879 to ’91
Various
do
do
1879 to 1906
Various
do
do
1879 to ’86
Various
do
'
do
1880 to’83
F. A A.
do
do
Aug., 1898
Various
do
do
1878 to ’89
do
Various
do
1879 to ’88
J. A D. New York and St. Louis. June, 1887, to 90
A. A 0. N. Y., Nat. B’k Commerce.
April 1,1892
Various
do
do
1891 to ’94
M. A N.
New York or London.
Nov. 1,1893
M. A N.
do
do
May 1, 1895
J. A J.
do
do
July 1, 1894
J. A D. N. Y., Nat. B’k Commerce.
Dec. 10, 1892
J.
M.
J.
J.
J.
J.
J.
was
county bonds.
1893 to ’98
1877 to 1912
1913
1883 to ’85
Philadelphia.
Boston, Blackstone N. B’k. Nov., 1886,’87,’88
Boston, Columbian Bank.
July, 1887
-
St. Joseph, Mo.—Population in 1870 was 19,565,
Sinking funds, $473,277. Tax rate,
1877, 2X millPoDulatiou about 140,000. Interest against 8,932 in 1860. Assessed valuation of property/
defaulted April, 1877. (V. 24, p. 519, 591; V- 26, p. $11,000,000; rate of tax, *23 mills. (V. 23, p. 13a, 175;
V. 25, p 408.)
159, 181, 363, 47J; V. 27, p. 68.)
the resources were:
Balance April 11, 1877
Interest revenue
Philadelphia.
’
Various Pittsburg, Phila. A N. Y.
J. A J. New York, B’k of America.
6
6
debt matures, as the necessary information
not be obtained of the treasurer.
sumed the
Whom.
A. A O.
$15,273,030.
Portland, Me.—The sinking fund March 31.1877,
was $664,999.
The city is protected by mortgages
on
Atlan. & St. Lawrence, Portland & Roches¬
ter and Portland & Ogdeusburg Railroads.
As¬
sessed value of real estate in 1876, was $18,703,500;
personal, $11,951,85 \ Tax rate, $25 per $1,00 >.
Principal—When
Due.
"Where Payable and by
$159,354,840; in
new
limits, $14,416,-
400; total taxable valuation in city, $173,771,240.
Tax rate for city purposes in old limits, $1 75; In
new
436 ;
limits, $) 50. (V. 25, p. 204; V. 26, p. 290, 359,
V. 27, p. 229.)
St. Paul, Minn.—Population in 1870 was 20,030;
in 1875, by State census, 33,237. Assessed valuation
of taxable property, $27,755,926, or about one-half
of the actual value. (V. 15, p. 626.)
(
Salem, Mass.—'The sinking fund amoan's to
$173,063, and the bonds are v .lued at par; $1,146.000 of debt coupon; balance
registered; total,
$1,452,678. Population, 1875,25,958. Tax valuation,
1875, $26,312,272; 1877, $25,810,600.
San Francisco— Population by the U. S. census
of 1870 was 149,482, against 56,802 in 1860.
Real
estate for the fiscal year
June
30,
1878,
i*
assessed at $190,221,003; personal property at $70,-
ending
041,340.
About $54,000,000 of mortgages are now
omitted from assessment.
Sinking Funds raised
annually amount to $263,500. Tax rate in 1S77-8 is
$1 6) per $100, for city and County purposes.
Savannah, Ga.—Default was made on interest due
Nov. 1, 1876, in consequence of yellow fever and
non-collection of taxes.
The latest proposal for
compromise is given in V. 26, p. 625, by which new
5 per cent b nds are to be exchanged for the face
of old bonds; and for interest up to Feb 1, 1879, 58
per cent of the face value in similar bonds.
Assessed value of real estate, $14,000,000: per¬
sonalty* $4,200,000; tax rate, IX per cent. Popu¬
lation in 1870, 28,235, against 22,242 in 1860. (V.
24. p. 444. 542; V. 25. p. 41, 80, 882, 593; V. 26, p. 18,
626; V. 27, p. 122, 173.)
CITY
SECURITIES—MISCELLANEOUS STOCKS
Subscribers will confer
a
great favor by giving
DESCRIPTION.
For
explanations see notes on first page of tables.
Date of
Bonds.
....
Various.
....
Large.
....
Various.
_
....
Springfield, Mass— City notes
City bonds
....
do
do
do
do
Water works
do
do
....
....
....
City debt, registered
andregist’d
....
....
do
(5 pieces, $100,000 each)
($220,000 reg., $580,000 coupon),
registered.
....
....
Mortgage bonds (for $2,800,000)
Company—Stock
Sterling bonds (sink.f’d one-fifth of land sales)
Mortgage bonds, gold, sixes (for $2,500,000).
Un. RR., 1st M., end. (s. f., rents on
$220,163)
do
2dM.,g.,end.,(8.f. gr’ndr’nts on$144,800;
Consolidation Coal of Maryland—Stock
1st mortgage (convertible)
1st mortgage, consolidated, convertible
Cumberland Coal and Iron—1st mortgage
do
'do
2d mortgage..
—
..
Cumberland Coaid Iron
Company—Stock
Dunleith <t
Dubuque
Bridge—Bonds sink. fund.
Illinois dc St. Louts Bridge— 1st M., coup., s. f...
2d mortgage, coupon
3d mortgage, coupon
mortgage
St. Louis Tunnel RR.—1st mort.,
sterling, s. f.
do
do
2d mortgage
Iowa RR. Land Co.—Stock
Mariposa Land & Mining Company—Stock
Preferred stock
Mortgage bonds (ior $500,000)
Maryland Coal—Stock
Ontario Silver
Mining— Stock
Pacific Mail Steamship Company—Stock
Pennsylvania Coal— Stock
1st mortgage bonds
Pennsylvania Anthracite Coal—Stock
1st mortgage (east side) bonds on 1,053 actfgs
1st mort. (west side) on 400 acres & 550leased
Producers' Consolidated L’d & Petroleum--Stock
Pullman Palace Car—Stock
Bonds, 2d series
Bonds, 3d series
Bonds, 4th series
Bonds, sterling debenture, convertible
Bonds, debenture
Quicksilver Mining Company—Common stock..
Preferred stock
Mortgage bonds, gold
Southern
<£
....
....
Atlantic Tel.—Guaranteed stcok
Spr'g Mountain Coal—Stock,guar.7 p.c.by L.V.
United States Express—Stock
United States Rolling Slock—Stock
Wells, Fargo <t Company Express—Stock
Western Union Telegraph—Stock
Real estate bonds, gold, sinking fund
Bonds.coup or reg.,conv.till May,'85, s.f.lp.c.
Sterling bonds, coup. (s. f. lp.c. per annum)..
Somerville, Mass.—Total debt, $1,771,854; sinking
fund, $45,131; tax valuation, 1875, $25,573,400. Ex¬
cept $140,<XX) 5s in $1,000 pieces, al. bonds are in
$2,000 to $50,001 pieces
Springfield, Mass.—Tot il debt, $2,007,786 ; cash
assets, $344,459. The railroad debtfalls due $20/00
each year. No registered bonds. Tax
valuation,
1870, $25,514,060; 1870, $35,109,456? 1877, $30,697,776.
Rate, T32. Population in 1875. 31.053.
Toledo—Total debt, Jan., 1878. was $1,778,849. Of
this the debt payable by special assessments was
$723,' 0'\ and the certificates of indebtedness, $102.200. Taxable valuation of property, 18.7,
$19,538,720;
tax rate, $319 per $100.
Worcester, Mass.—Total debt, $2,484,200—reg.,
$944,000; coup., $1,540,205. Cash assets, $121,651,
including $44,875 40 sinking fund.
Population,
49,317 in 1875. Tax valuation, 1870, $34,018,450;
1876, $48,223,397; 1877, $45,692,695; rate, 1*52.
MISCELLANEOUS STOCKS 6c BONDS.
Adams Express
Company.—A reference to the
fuit of Dinsmore and others in V. 19, p. 270.
American Coat.—The report for 1876 showed
gross
m
mm
1874
25
1873
1874
....
....
1864
1872
1852
1869
1868
1871
1871
1874
1875
1873
1875
1,000
500 &c.
500 &c.
100
....
1,000
100
1,000
1,000
1,000
1,000
1,000
1875
100
100
100
....
1861
....
100
....
100
....
....
m
m
m
....
....
£100
100
....
....
....
1872
1875
1875
.
.
.
.
25
50
100
100
100
£100&c
g.
g.
g.
g.
10
1
'
J. &
J. &
J. &
M. &
M. &
J. &
J. &
J. &
F. &
A. &
M. &
A. &
J. &
M. &
J. &
J. &
J. &
Q.-F.
....
do
do
do
1878 to 1890
Dec. 1,1906
^
Y., Company’s Office.
Sept. 1. 1878
July 1, 1878
do
do
New York, Office.
Sept. 10, 1877
Sept. 30, 1878
Boston, Office.
Nov. 12,1872
do
June, 1884
London, Brown, S. & Co
New York
or
Jan. 1, 1904
Jan. 1, 1904
London.
1*900
London.
N.Y.,Co.’s Office, 71 B’y.
Jan. 2,
1877
Jan., 1885
Jan. 1, 1897
do
do
do
do
do
do
do
do
New York, Office.
N. Y., at Ill. Cent. RR.
New York and London.
do
do
do
do
St. Louis.
1879
Feb., 1879
Oct. 15, 1875
Nov., 1893
1900
July 1, 1901
Mar. 1, 1886
Lond.,J. S.Morgan & Co.
i, *1888
Jan.
St. Louis.
Boston, Treas.’ Office.
May 1,1878
....
...
& J.
J.
New York.
1^
Jan. 1,1886
Jan. 31, 1876
St. Louis.
.....
3
3
7
Q.-F.
F. & A.
N. Y., Ill
do
Sept., i869
Aug. 1, 1878
Aug. 1, 1881
Broadway.
do
....
7
7
6
2
8
8
8
7 g7
J.
J.
6c D.
& D.
Q.-J.
Q.—F.
M. 6c N.
F. & A.
N.
'
i,
Y., 4th National Bk.
June
i892
June 1, 1892
1877
New York, Office.
N. Y., FarmL. & T. Co.
do
Q.-F.
A. & O.
A. & O.
Aug. 15.1878
May 15, 1881
do
do
do
do
do
London, J. S. Morgan & Co.
N. Y., Farm. L. & T. Co.
•
1,500,000
3*2
2
‘l g4
M. & 8.
J. & J.
1*2
Q.-J.
991,440
do
do
do
1,1881
1887 & 1905
1878 to 1881
....
2*2
7 g.
rr
i
6 g.
M. & N.
M. & N.
M. & S.
Feb. 15, 1887
Aug. 15, 1892
April 1, 1885
Oct. 15, 1878
N.
Y., Company’s Office.
N.Y., West. Union Tel.
Y., Company’s Office.
New York, Office.
1879
Oct., 1878
June 10,1878
N.
Nov. 15, 1876
New York and London.
New York, Office.
New York, Office.
N. Y., Union Trust Co.
N. Y., Treasurer’s Office
London, Morton, R.& Co
Sept. 1, 1878
July 15, 1878
Octr. 15, 1878
May, 1902
May, 1900
March 1,1900
Boston Water Power Co.—Annual
report in V. 24.
p. 396.
(V. 23, p. 183; V. 24, p. Ill, 396; V. 27,
p.
121.)
V. 26, p. 95
Canton Improvement Co.—The. annual
report for
year ending May 31, 1878, is in V. 27, p. 14.
Of the
Pacific Mail Steamship Co.—A reference to the
pages fodowing is necessary to get definite infor¬
mation. (V. 24, p. 322,
V.
Union Railroad Company and guarantees its
bonds.
(V. 24. p. 613; V. 27, p. 14.)
dividends
Maryland Coat—Balance sheet, V. 24,
517;
$2,500,000 mortgage $600,000 is reserved to pay ster¬
ling loan. The Company owns the stock of the
Consolidation Coal— Annual report for 1877in V.
26, p. 262, showing gross receipts. $1,475,555; ex¬
penses, $1,246,644; net, $223,914. Consol, mortgage
bonds are held to retire old bonds. Guarantees
also
bonds of the Cumberland &
Penn., and assumes
$135,000 Un. Mining Co. bonds. (V. 24, p. 181,
226,
248; V. 26, p.262.)
Illinois <& St. Louis Bridge.—Net
receipts, 1876-7,
Tue railroad and tunnel were sold under
the mortgage of 1873,
July 1, 1878, for $150,000.
$220,140
(V. 25, p. 211; V. 26,
p. 420, 524; V. 27, p. 17, 227.)
Iowa Railroad Land Co.—This
company manages
the land grants of five distinct
organizations. The
total lam owned was 530,217 acres, March
31,1877.
In 1876-7, 84,032 acres were sold for
$576,846, and
601 town lots for $62,962.
The cash
receipts, $531,333; net, $25,399. (V. 22, p. 180; V.
24, p. 248.)
Atlantic dt Pacific Telegraph.—Pools with West¬
collections
ern Union their gross receipts on the basis of
87# were $772,605, and dividends 4*4 per cent. -(V. 26,
to the W.U. and 12X per cent to A. & P.
Expenses p. 549.)
were arranged at VS‘\4)4 per cent to A. & P.
and
Mariposa Land & Mining Co.— Assessments made
86*85to W. U. (V. 25, p. 16, 115,188, 355,
374,433, on the shares from time to time. (V. 23, p. 112, 329;
591; V. 26, p. 304, 4S6, 469, 521; V. 27, p. 280.)
V. 24, p. 128; V. 25, p. 358; V. 26,
p. 290.)
J.
J.
J.
N.
S.
J.
J.
J.
A.
O.
N.
0.
J.
S.
J.
J.
J.
J. & J.
A. 6c O.
J. & D.
1,498,000
3,959,000
Jan.
April 1, 1892
New York.
7g.
5,000,000
5,000,000
35,084,975
N.
J. & J.
M. & S.
275,000
948,000
7,000,000
«...
1,000
1,000
7
6
6
6
6
8
7
7
7
10
9
5,708,700
4,291,300
100
....
....
816,000
218,000
603,000
....
....
....
432,000
p
1875
....
298,000
....
....
....
2,000,000
1,000,000
500,000
2,500,000
5,938,200
....
1,000
1,000
& D.
Q.—M.
Apl. 1,1878-1879
Boston, Merchants’ Bank.
J. & D.
2*2
481,500
....
Various
Various
Various
8.
6 g6 g.
6
6 g.
4,400,000
10,000,000
20,000,000
5,000,000
50
....
....
(?)
100
100
100
....
10
7
City Treasury.
do
A. & O. C. Treas.&Bost. Mchts.’ Bk.
J.
1*2
2*2
%
3,756,000
2,000,000
2,492,000
1,000,000
1,000,000
7,620,000
10,000,000
5,000,000
1,000
Boston, Nat. Security Bank Oct. 1, 1878-’79
do
do
April, 1879 to ’84
do
do
July 1,1880 to’84
A. & 0.
J. & J.
-
2
1,000,000
....
....
1872
1872
.
£200
....
6
5
387,000
363,000
137,000
498,000
500,000
400,000
1,000
....
6
5
6
10,250,000
1,000
....
76
1,107,500
578,000
923,000
783,000
600,000
£200
....
when Due.
Stocks—Last Divi¬
dend.
5, 6
12,000,000
18,000,000
1,500,000
15,000,000
4,000,000
1,740,000
1,000
....
5*2
100,000
100
100
25
100
100
....
6
140,854
500,000
800,000
190,000
261,800
327,400
500 &c.
500 &c.
Various.
100 &c.
500 &c.
....
165,000
115,000
340,000
...
....
A. <fc 0.
A. & O.
J. & J.
6*2
6*2
55,000
Large.
....
....
m
Large.
....
($100,000 J.&J., $90,000 A.<
Canton Improvement
4th
....
....
1874-’77
coup,
MISCELLANEOUS STOCKS 6c BONDS.
Adam-• Express Company—Stock
American Express—Stock
American Coal (Maryland)—Stock
Atlantic <& Pacific Telegraph- Stock
Boston Water Power
<-
....
1870
1859-’65
1859-’74
1869 & '76
....
do
Large.
....
'70,'71 ,’76
1873 & ’74
Worcester, Mass—City debt,
reg.
Large.
1,000
1,000
1,000
....
'
Water loan ($200,000 are 6 per cents)
Railroad loan
Railroad notes.
Toledo, O.—Gen’l fund and deficiency bonds, cp.
Toledo & Woodville Railroad,
coupon
Various City purposes, coupon
'
Large.
Large.
....
Water loan
Pay’ble
7
Bonds—Principal,
Where Payable, and by
Whom.
Various
do
do
Oct.’81-’4,July,’S5
Various
do
do
July, ’84, Apl., ’95
5
200,000
Various
do
do
Apl., ’95, July, ’96
325,000
6*2
Various
do
do
1881 to 1884
320,000 0*2,6,6*2 Various
do
do
1880 to 1906
177,000
Various
5*2, 6
City Treasury.
1879 to 1884
6
223,000
Various Boston, First National B’k.
1878-1890
6 & 7
1,200,000
A. & O.
do
do
Apl. 1/94, to 1905
7
300,000
A. & 0.
do
do
Apl. 1,1879-1893
6
75,000
Various
City Treasury.
1878 to 1881
8
A. & O. N. Y.,
544,500
Imp. & Trad. N. Bk.
1878 to ’88
7-3
M. & N.
453,000
do
do
May, 1900
6
42,355
F. & A.
do
do
1878 to '84
594,500
8
Various
do
do
1878 to’89
7
90,000
Various
do
do
1878 to'86
1,000,000
8
Various
do
do
June,’93& Sep.,’94
7 & 8
723,300
Various
do
do
1878 to '82
lOOO&c.
....
discovered In these Tables.
any error
When
Rate.
$65,000
461,000
Large.
....
[Vol. xxvil -
INTEREST.
outstanding.
Large.
do
do
do
do
notice of
Amount
or
par
Value.
Somei'ville, Mass— City debt.
City debt
do
do
do
Size
immediate
AND BONDS.
.
xiy
26,
5 4 7, 625, 653; V. 27, p. 68,
229.)
Pennsylvania Coal.—Liabilities
are
paid.
at
a
d.
p.
226;
217,523.
minimum and
Pennsylvania Anthracite Coal.—This Company’s
bonds
stock and
Feb., 1877.
admitted
(V. 24, p. 112.)
to
N. Y. Stock Board
Pullman Palace
Car Company.—The
sterling
bunds of 1875, of which the whole issue
authorized
is $1,000,000, are convertible into stock
from April
1, 1878, to April 1,1881. Annual reports have been
published as follows: V. 23, p. 402; V. 25, p. 308.
(V.26, p.217; V. 27, p. 302.)
Quicksilver Mining Company.—(V. 22,
p. 233, 303;
V. 24, p. 507; V. 25, p 15, 358; V.
27, p. 228.)
» per
Mountain
Company.—This
is guar*
year till Goal
1885 by
Lehigh Valley RR.
United States Express.—New stock of
$1,000.00$
issued. (V. 21, p. 159; V. 23, p. 87.)
U. S. Rolling Stock Co.—See
report V. 26, p. 289.
Western Union Telegraph.—The
company holds
about $5,938,435 of its own
stock, making the
total $41,073,410. Afterwards stock was
issued on
the semi-conpolidation
agreement with Atlantic
& Pacific Telegraph. (V.
26, p. 135, 266, 304, 592,
■
626; V. 27, p. 274.)
RAILROAD STOCKS AND BONDS.
September 28, 1878.]
Subscribers will confer
great favor by giving; immediate notice of any error discovered In these Tables*
a
DESCRIPTION.
For explanation of column headings, &c., see notes
on first page of tables.
Miles Date
of
of
Road. Bonds
Alabama Central—(Selma & Merid.)—1st mort
Ala.dt Gt.South’n.—Receiver’s certific.of Ala.&Chatt
81
1st mortgage, new, (for $1,750,000)
Albany & Susquehanna—Stock
1st
mortgage
Albany City loan (sinking fund, 1
2d
3d
...
per
mortgage
ct. yearly).
mortgage, sinking fund
Consol, mort. (guar. D. &H.) coup.,
may
Alleghany Valley—Stock
be
reg...
General mortgage (Riv. Div.)
Bonds to State Pa. (endorsed) 2d mort., East ext.
1st mort., East’n
Exten.,
guar,
by Pa. RR
Funding income bonds, with traffic guarantee
Ashtabula, Youngstown
2d mortgage, income
<£• Pitts.—1st
mortgage
.1
Atchison & Nebraska—1st mortgage
Atchison, Topeka <& Santa Fe—1st mort., gold
Land grant mort., gold, (2,289,186 acres unsold).
Consol, bonds, gold
:
Notes
Land income bonds, 5 to 10 years
Pottawattomie bonds (contingent)...
Wichita & Southwest, (leased) 1st M., gold, guar..
Kane. City Top. & West., (leased,) 1st M., gold
Pueblo & Ark. Valley, (leased,) 1st M., gold
Extension mortgage, gold
New Mexico & So.lPaciflc, 1st mortgage, gold
Atlanta dt Charlotte.—New pref. mort
1878
6212
1874
1878
1869
1870
Mortgage bonds..
Atlanta dk West Point—Stocx
Atlantic <6 Great Western—Stock (total $40,000,000)
Preferred stock
'
.T...'
'
'
Old 1st mortgage bonds, Ohio Division
1st general mortgage ($18,000,000)
2d
do
do
($12,000,000)
.3d
do
do
($29,000,000)....Leased lines rental gold bonds (Cl. <fc M.)
do
do
(P. P., P. V. and S. & A.)
Western Extension certificates (Cl., Col., Cin. & I.)
do
do
do
bonds
Atlantic <& Gulf—Common stock
Guaranteed stock
Consolidated 1st mortgage
•
4th
mortgage
Registered certificates....
do
do
Interest funding bonds
Atlantic <6 St. Lawrence—Stock, currency
Stock, sterling
Portland cityl>onds, 1st mort., sinking fund
2d
3d
mortgage, sterling, 5-20
do
1869
500 &c.
1876
1,000
.
•
®
87
567
567
^
460
460
460
years
do
do
Sterling bonds, not mortgages
Augusta dk Savannah—Stock
Bald Eagle Valley—1st mort., s. f. ($5,000 per yean.
2d mortgage ($5,000 per year)
Baltimore dk Ohio—Stock
Preferred stock
Washington branch
^
^
^
^
..
Debentures, sterling
Sterling mortgage, sinking fund
Sterling mortgage, sinking fund
Purcliaseof Connellsv. RR (payable$40,000y’l.y)
,
,
Alabama Central.—In default since January, 1872.
Negotiations pending for a new adjustment, and a
piece of new road now building. (V. 27, p. 40.)
on
in
41 i
421
....
notes
scrip
lines and
Alabama & Great Southern.—Alabama & Chatta¬
nooga reorganized. About f 450,000 of the receiv¬
er’s certificates are disputed.
(V. 25, p. 40, 186;
V. 26, p. 17, 39, 84, 264; V. 27, p. 17, 85, 121.)
Albany & Susquehanna.—This road was leased for
150 years from 1870 to Delaware & Hudson Canal
Co., at 7 per cent per annum, on stock and bonds.
Important change in terms made in 1876. Consol,
mortgage is for $10,000,0 0, of which $3,450,000 is
to retire old bonds, aud balance for a part of old
stock and to lessee for improvements, which
up to
p.
399, 495; V.
Alleghany Valley.—This road was embarra«sed in
1874, and compromised with creditors. Net earn¬
ings in 1877, $ljl44,971. Of income bonds, $2,351,400 are held by individuals, and pay interest in cash;
$3,369,000 held by railroads draw interest in bonds.
Abstract of operations in 1875. 1876 and 1877 in
annual reports, V. 22, p. 3
V. 24, p. 463, and
y. 26, p. 493.
Ashtabula, Youngstown & Pitts.— It is leased and
operated by Pennsylvania Co. at cost. Net earnings
paid to lessor, but lessee guaranteed interest on
1st mortgage to Jan. 1, 1877. Defaulted October,
1877, and to be sold in foreclosure.
V. 26, p. 141, 496.)
Atchison
tfe
(.V. 25,
p.
431;
Nebraska.—Gross
earnings, 1876,
$410,225; net, $47,147; unpaid coupons to Jan., 1877,
Plan of re-organization, V. 25, p. 510,
$1,050,000.
by which $1,125,000 bonds and $3,387,000 stock
were given for old bonds and overdue
coupons.
CV. 22, p. 390; V. 24, p. 443; V. 25, p. 510.)
6 g-
3*2
.T.
J.
7
J.
6
& J. N.Y.,Farmers’ L. & T. Co
& J. N. Y., B’k of Commerce.
& J. N.Y.,Del. &Hud.Can.Co
M. & N.
A. & 0.
June, 1901
_
^
_
•
•
•
3,349,000
466,411
480,000
439,000
412,000
650,000
1,000
1,000
'
1,779,000
750,000
i;ooo 15,000 p. m.
1,000
500,000
1,000
4,250,000
100
1,232,200
100
24,795,298
100
9,876,250
2,416,300
500 Ac. 15,165,200
500 &c.
11,989,680
500 &c. 28,783,000
1,000
5,355,000
1,000
3,568,000
500
2,060,000
1,748,500
....
1,000
782,976
1,666,000
300,000
464,000
200,000
6,921,900
5,470,000
4,000,000
1869
.
.
1871
1857
500 &c.
1857
500 &c.
1868
1,000
1866
1,000
1866
200 &c.
1866
200 &c.
1854
1,000
1865
1,000
Var’us Various
100 &c.
1869
■
1,000
1864
1871
1853
£100
£100
£100
100
100 &c.
1861
1864
'306,000
157,000
458,000
684,000
621,000
452,500
990,000
969,000
84,190
226,900
28,600
100
£100
i868
4,970,680
787,000
1,500,000
713,000
484,000
1,022,900
336,900
100,000
13,144,200
4,599,578
1,650,000
579,500
1,710,000
3,146,956
1,000
100
100
100
of
due
new
7*30 J.
5
6
or
7
7
7
7
7
7
7
7
8
7
7
7
7
7
7
7
7
4
3,041,579
£200
£100
£200
2,074,000
8,857,352
9,346,500
880,000
....
building in 1K78
378, 575; V. 24,
p.
g.
g.
g.
g.
g.
g.
g.
g.
g.
g.
g.
g.
g.
g.
April 1, 1906
J. N. Y.,
&
A. & O. N. Y.,
1901
Winslow, L. & Co.
J.
& J.
M.
J.
A.
A.
J.
J.
M.
J.
J.
J.
&
&
&
&
&
&
&
S.
Boston, at Office.
J. N. Y., G. Opdyke & Co.
O.
Boston.
do
O.
&
J.
1904
Pittsburgh, Penn. Co.
J.
J.
N.
& J.
do
do
do
do
do
& J.
Mar.
1, 1908
July, 1899
Oct. 1, 1900
1903
1879 & ’82
Jan. 1,1883-’88
do
July 1, 1902
July 1, 1905
1905
Boston.
A. & O.
New York, Office.
J. Sr. J.
do
J. & J. Atlanta, Ga., atTreas’y.
1908
>
A. & 0. New York and London.
J. & J.
do
do
M. & 8.
do
do
M. & N.
do
do
J. & J.
do
do
J. & J.
London, Co.'s Office.
J. & J.
do
do
3*2
7
7
7
April 1,1897
Jan. 1,1907
Aug. 1, 1878
Oct.
1, 1876
1902
1902
Jan.,
Sept.,
Nov.,
Jan.,
Jan.,
1902
1902
1903
July 1, 1876
are
Savannah.
J.
& J.
May 1, 1889
7 g.
A. & O. N.
Oct.
8
7
8
8
6
6
6
8
8
8
3
3
6
6
6
6
J.
7
1879
Nov.
1, 1888
....
J.
J.
J.
J.
g.
g.
g.
g.
3*2
6
7
4
3
25
6
6
6
6
6
6
6
6
J.
J.
J.
J.
J.
F.
M.
M.
A.
M.
M.
J.
J.
s.
g.
g.
g.
g.
refer ed
180, 203, 369.)
J.
M.
J.
A.
J.
A.
M.
J.
J.
M.
M.
J.
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
<fe
&
&
&
&
Atlantic & Great Western.—This road was leased
to the Erie for 99 years from May 1, 1874, but
the
lease
was
contested.
Shortly after (in
July, 1874) default was made on its bonds. Pro¬
ceedings looking to re-organizatioa are in progress,
and a considerable amount of securities has been
deposited by holders with the London Committee.
There has been
litigation as to postponing the pay¬
Ohio Division
bonds.
In Jan.,
1878, £4 per bond was paid on the coupons of Jan.,
1876, of the leased line rental bonds of 1872. Gross
earnings in
1877, $3,973,278; net income over
rentals, &c., $154,170.
(V 25, p. 16, 334, 510,
591, 610; V. 26, p. 66, 95, 214, 444.)
J.
J.
J.
J.
J.
J.
J.
J.
J.
J.
A.
S.
N.
O.
N.
N.
D.
J.
J.
N.
J.
O.
J.
O.
S.
J.
J.
S.
N.
J.
Y., First Nat. Bank.
Y., Perkins, L. & P. Jan. 1, 1877
do
do
Jan. 1, 1877
do
do
July 1, 1893
do
Jan. 1, ’84-’90
do
do
Jan. 1, ’84-’90
do
do
do
Jan. 1, ’86-’90
do
do
July 1, 1884
do
Men. 1, 1900
do
Jan. 1, 1875
Lynchburg Office.
N. Y., Perkins, L. & P. July 1, 1880
Portland.
Aug., 1878
London, Gr. Trunk Rw. Mch. 15, 1878
Portland.
May 2, 1886
London, Gr. Trunk Rw. Oct. 1, 1884
do
do
Oct. 1, 1891
do
Nov. 1, 1878
do
Savannah.
June, 1878
Pliila.,Farm. & M. Bank July 1, 1881
do
do
July 1, 1884
Baltimore Office.
May 15,1878
Balt., Merchants’ Bank. Jan. 1, 1878
Baltimore Office.
June 24, 1878
1880
Balt., Merchants’ Bank.
_
Baltimore Office.
London.
Ser
centand
coupon
notes;Bainbridge
$45,000 Junction
BranchInter¬
RR.
onds,
$52,500
Ext. bonds.
prior liens to the
consolidated, is paid by receivers, and on consoli¬
dated bonds 6 mos. in arrears. In New York, July,
’77, $1,000,0002d mortgage bonds, held as collateral,
1885
1895
1890
Baltimore Office.
London, Naylor & Co. Jan. 1, ’80 & 81
London.
Mch. 1, 1902
1910
1879-1900
London, Speyer Bros.
Baltimore.
(V. 22, p. 469;
V. 25,
p.
57, 407.)
Atlantic, Mississippi <fe Ohio.—Gross earnings
ending June 30, 1878. $1,781,710; expenses,
$1,351,575; net earnings, $430,131. The divisional
bonds matured and maturing up to July, 1880,
have been extended for ten years by order of the
Conrt, and new sheets of coupons are issued to .the
year
holders.
paid
A
Interest
two
final
or
the
on
divisional
decree
of
sale
under
the
bonds
falls
three months after it
is
due.
consolidated
mortgage is expected in October, 1818. A scheme
of re-organization approved by the consolidated
mortgage bondholders (mostly in London) will
probably be carried out. (V. 25, p. 261, 532; V. 26,
p. 141, 242, 444, 522; V. 27, p. 40, o7, 251, 279.)
Atlantic & St. Lawrence.— Leased for
July, 1853, to
Canada.
stock.
Grand
999.years,
'J’ruuk Railway of
Annual rent, 6 per cent on bonds and
Voted to issue ttock to pay bonds due 1373.
(V. 27, p. 147.)
Augusta <ft Savannah.—Leased to Central of Geor¬
gia for $73,000 per annum ; has surplus fund of
about $50,000.
Bald
Eagle Valley— Leased to Pennsylvania Rail¬
cent of gross receipts. In 1877 gross
road at 40 per
earnings
holds
all
were
*136,962. The Pennsylvania Railroad
the 2d mortgage
bonds.
Baltimore <ft Ohio.—Annual report for 1876-7 in
V. 25, p. 509. The gross earnings of the “Main
Stem,” &c., and
Atlantic <ft Gulf.—The Company also has $334,000
of old sectional mort. b’ds outstanding; $500,000 10
1, 1901
N.
were sold at auction at
V. 24, p. 39, 181, 203, 3 68;
from
sectional mortgages,
July, 1897
N. Y., Perkins, L.& Post
M. & N.
do
do
M. & N.
do
do
Atlanta & West Point.— Gross earnings, in 1S77-8
net earnings in 1877-8,
$145,435, in 1876-7, $106,949.
There are $83,000
bonds outstanding.
(V. 25, p. 137; Y. 27, p.
on
do
do
«•
7
7
7
7
7
7
8
7
$.121,140, in 1876-7, $311,158;
ment of the old
do
do
July 1,1878
July, 1888
Nov., 1895
Oct., 1885
May, 1881
Winslow, L. &Co. March 1,1896
Jan’ary Harrisburg, Treasury. $100,000 y’rly.
g. A. & 0. Philadelphia or London April 1, 1910
A. & O.
Oct. 1, 1894
Pittsburgh.
1882, paid half in cash and half
1882.
The extension of leased
roads
Jan. 1, 1908
3^693^200
....
1871
7
7
do
do
do
do
M. & N.
A. & 0.
Atlanta eft Charlotte.—The Atlanta & Richmond
Air-Line was sold in foreclosure December, 1876.
p.
Whom.
& J.
2S0, 303.)
(V. 23,
Stocks—Last
Dividend.
Payable, and by
J.
27, p. 15.
The K U. T. & W. is leased
at 30 per cent of gross earnings, rising to 31
per cent in 1880 and thereafter.
(V. 25, p. 380; V.
26, p. 367, 4 6 8 , 469, 522, 574; V. 27, p. 15, 40, 227,
est
Atchison, Topeka & Santa Fe.—Capital stock,
$8,615,000.
Net earnings, 1877, $1,219,601; sc©
annual report, Y. 26, p. 468.
Coupons of 1877,
_
•
500 &c.
i868
to in V.
April, 1876, were $1,978,672. (V. 22,
23, p. 101, 427; V. 25, p. 615.)
500 &c.
500 &c.
1850
1853
1870
1855
1874-5
1872
1874
1875
1870,sterling, £800,000, sink, fund
Baltimore loan, 1855-’90, sink, fund
400,000
1,125,000
7,041,000
3,366,000
100 «fec.
30
do
1,500,000
1,000
100
100
500 dec.
1867
150
150
150
150
150
53
51
51
595
Loan, 1853
3,200,000
10,000,000
6,220,400
1,000
100 &c.
1,000
\
1871
1871
1872
1873
1873
•
Loan,1850
When
pal, When Due.
8
7
7
4^000,000
....
1871
m
iso
Payable
253,000
1,595,000
2,166,500
....
•
1878
1878
1877
26512
26512
58
58
428
428
428
81
81
81
133
133
133
214
214
When
Cent.
335^000
1,000
_
_
....
57
•
Rate per
3,500,000
1,000,000
933,000
2,000,000
1,000
1872
1875
65
148
•
_
•
286
Virginia & Tennessee—Enlarged mortgage
do
do
1,000
350
Sav. Albany & Gulf R&. "mortgage bonds
Southern Georgia & Florida, 1st mortgage
do
do
2d mortgage
Atlantic, Miss. dk Ohio—Stock, (coin’n, pref. & guar.).
1st mort. consolidated, gold (for $15,000,000)..
fid mort. to the State (uo interest till 1880)
Norfolk & Petersburg—1st mortgage
do
do
1st
do
do
do
2d
do
South Side—1st pref. consol. M., guar. Petersb’rg
do
2d
do
do
do
do
3d
do
do
do
do
1865
1865
1878
2712
•
$1,600,000
100
1871
u
^
$....
1,000
m
m
Outstanding
i863
_
-
Value.
1,000
1866
1870
1871
1874
.
m
Amount
50
149
470
m
or
Par
700,000
296
201
142
142
142
142
142
262
132
110
110
262
62*2
.
Bonds—Princi¬
INTEREST OR DIVIDENDS.
Size,
1871
-
do
XV
financial condition of B. & O.
Co. for four years were as
Gross
Earnings.
1876-7
1875-6
1874-5
1873-4
1872-3
$8,262,045
9,632,361
10,514,178
11,693,955
12,252,844
follows
:
Stock and
Debt.
Net
Earnings.
$3,656,“ 93
4,215,554
4,332,206
5,018,060
4,934,796
$
47,311,000
47,173,000
45,876,000
28,567,000
xvi
*
RAILROAD STOCKS AND BONDS,
Subscribers will confer
a
great
favor by
giving immediate
notice of any error
DESCRIPTION.
Miles Date
For explanation of column
of
headings, &e., see notes
of
on first
page of tables.
Road. Bonds
Baltimore d Ohio— (Continued)—
Loan., stcr., (s. f. £7,500) lien on Chic, line bonds.
Northwestern Virginia, 3d mortgage, 1855-85
263
...
Bonds to State of Maryland
Baltimore d Potomac—1st M (tunnel)
gold, s. f. 1 p. c.
1st mort., gold, tax
free, coup., s. f. 1
2d mortgage, income, main line and per cent
tunnel, reg..
Bellevilled South. III.—1st M.,
sink’gfund, guar
Belvidere Del— 1st mort. due
1877, extended, guar.
2d mortgage bonds of 1854
(guar. byC. &A.)
3d mortgage bonds of 1857
do
(
do
)
Consol,
mortgage of 1876
Berkshire—Stock
Boston d Albany—Stock
Dollar loan
Loan of 1875, coupon or
registered
Boston, Barre d Gardner.—1st mortgage
Bost.,Clin.it Fitchb.& N.B.—Stock ($1,750,000 pref.)
1st mortgage, Agricultural Branch
Mortgage bonds 1869-70
Com. stock (for old dividends &
Sinking fund bonds ($654,000)
new
•
•
•
•
•
•
•
98
98
56
64
67
....
84
21
321
m
ra
m
...
^
29
43
m
m
m
or
Value.
Outstanding
£200
$8,000,000
1,000
1,000
...
1854
’69-’70
1876
1,000
1,000
1,000
’61-’74 500 &c.
■
stock)
1
Consolidated mortgage bonds (for $2,000,000)
160
82
Mystic wharf purchase bonds
Bonds
1858
1873
.....
100
100
100 &c.
100 <fcc.
500
....
Bonds
*.
NewT bonds
Boston d Maine—Stock
Bonds, coupon and registered
Boston d New York A ir-Line—l&t
mortgage
Boston d Providence— Stock
Bonds to purchase branches,
coupon or registered
Ten year notes for $800,000
Fitts.—
Buff.,Brad.d
Gen.M.,(incl. 10,000 ac. I’d)
Buffalo. New York d Erie—Stock
New mortgage
Buffalo, N. i. d Idiiladelphia—1st mort., gold
2d mortgage (for
$1,000,000)
Burlington, 0. Rapids it- Northern—1st mortgage
Burl.dMo.Riv.—1st M.on r’d&400.000 ac’s I’d ) Cp.
Income b’ds, conv. C. B. &
Q. st’k (4th ser.) l^may
1st
...
mortgage, conv. do. on br’cli (5th ser.) |
Convertible bonds, C. B. & Q. st’k (6th ser.)
J
Burl, d Mo. in Neb.—1st
M., conv., land gr.. 1
Bonds, convertible till Jan.,1882
1
Consol.mort,for $14,000,000, s. f. $30,000
Omaha & S. W., 1st
mortgage, guar
be
1872
1875
1876
52
66
26
142
140
121
121
367
281
40
reg.
191
j uei®'
Republican Valley RR., 1st mort.,
exchangeable
Burl, d Southwest— 1st
mort., cp., may be reg
Cairo d St. Louis—1st
mortgage
Cairo d
Vincennes— 1st mortgage, gold
California lJacific— 1st mortgage, gold
2d mortgage, endorsed by Central
Pacific
3d mort., guar, by C. P.
($1,000,000 are 3 p. c.)
Camden d Atlantic—Stock ($838,150 of it
pref.)
1st mortgage (extended 20
years in 1873)
.
.
2d mortgage
Camden d Burlington Co.—1st
mortgage
Can. South.—New mort., int.
guar.(for $14,000,000)
Carolina Centred— 1st
mortgage, gold, coupon
Income bonds, coupon
Catawissa—Common
stock
New preferred stock
Old preferred stock
191
49
71
181
144
156
139
139
139
1873-4 500 &c.
1875
1,000
100
1873
,
1,000
100
.
1876
1871
1873
1876
1863
1869
1869
1870
1869
1873
500 &c.
500 &c.
500 &c.
500 <fcc.
1878
600 &c.
1872
1878
1870
1871
1871
1869
1,000
Cedar Falls
dMinn.—Bonds on 1st div. sink. fund..
Bonds on 2d division,
sinking fund
Cedar Rapids d Missouri—Common
stock
1st mortgage
do
50
1853
1855
1867
1878
1873
1874
do
1,000
1,000
500 &c.
1,000
1,000
1,000
50
50
14
1864
1866
1,000
1,000
1,000
100
500 &c.
500 &c.
100
100
500 &c.
500 «fec.
500 &c.
274
70
*1,000
500
1872
58
146
100 &c.
50 &c.
500 &c.
1875
i'oo
61
500 &c.
1871
65
Cayuga d Susquehanna—Stock
1,000
1,000
1,000
1,000
i bo
1st mortgage bonds
Chattel mortgage bonds
New mortgage
r
1,000,000
499,500
745,000
1,200,000
600,000
20,129,282
5,000,000
2,000,000
400,000
3,047,700
400,000
799,600
528,000
870,000
571,500
800,000
1,000,000
202^000
500,000
4,000,000
500,000
1861
1863
1866
580,000
950,000
2,380,000
2,582,000
905,500
6,500,000
4,638,250
289,500
279,000
370,500
1,414,000
600,000
5,055,000
1,034.000
853,000
1,800,000
2,500,000
3,500,000
2,250,000
1,600,000
3,000,000
1,215,550
490,000
497,000
350,000
(?)
3,000,000
3,000,000
1,159,500
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
582,000
2,332,000
Baltimore.
Baltimore or London.
O.
J.
O.
D.
& S.
& A.
& J.
perpetual lease to
Stocks—Last
Dividend.
do
do
Baltimore.
N. Y., Russell
Sage.
Philadelphia.
July 1, 1888
July 1, 1911
April 1, 1911
Jan. 1, 1915
Oct. 1, 1896
1902
1885
1887
do
do
Treasurer, Trenton,N.J. Jan. 1, 1916
Q.—J. Boston, Kidder, P. & Co July 1,1878
M.
& N.
& A.
& J.
J.
A.
J.
A.
A.
M.
J.
M.
J.
F.
M.
J.
&
&
&
&
&
&
&
<fc
&
&
&
&
Boston Office.
do
May 15, 1878
1, 1892
July 1, 1895
Feb.
do
Worcester, City Nat. Bk. April 1, 1893
Boston Office.
Boston, Boston N. Bank July 1, 1884
do
do
do
do
1889 & ’90
do
June 1, 1896
do
’81, ’82, ’83. ’85
Boston, Suffolk N. Bank July, 1881& 94
Boston Office.
May 13, 1878
J.
O.
J.
O.
O.
S.
J.
N.
J.
A.
N.
Boston Office.
do
1889
1893
do
Boston, at Office.
do
do
do
do
do
do
do
do
July
1, 1878
1, 1879
April 1, 1892
March 1,1895
July 1, 1896
May 15, 1878
Jan., 1893 & 94
Aug. 1,1895
May 15, 1878
Oct.
Boston, at Office.
do
do
New York.
Boston, at Office.
J.
do
do
7
July 1, 1893
J. & J.
New York, Erie RR.
J. & D.
3*2
N. Y., Erie Railway.
7
J. & D.
do
do
6 g. J. & J. N.
Y., Farm. L. & T. Co.
10
J. & J.
do
do
5
J. & D.
New York.
7
A. & 0. Boston and New York.
8
A,
O.
do
do
8
J. & J.
do
do
8
J. & J.
do
do
8
J. & J.
Boston Office.
8
J. & J.
do
6
J. & J.
do
8
J. & D.
do
6
J. & J.
do
8
M. & N.
Boston, Co’s Office.
7
A. & O.
7 g. A. & 0. New York and London.
7 g. J. & J. N. Y., Nat’l Park Bank.
6 g. J. & J.
do
do
3 & 6
J. & J.
New York.
2
Q.-J.
Camden, Co.’s Office.
7 g. J. & J.
Phila., Farm. & M. B’k.
7
A. & O.
do
do
6
F. & A.
Phila. and Mt. Holly.
3
J. & J. N. Y., Union Trust Co.
6 g- J. & J. N. Y.
Office, 4 Broad st.
7
A. & 0.
do
do
Jan. 1, 1896
June 1, 1878
June 1, 1916
July 1, 1896
July 1, 1893
Sept. 1, 1906
Oct. 1, 1893
April 1, 1879
July 1, 1894
July 1, 1889
July 1, 1894
Jau.
-
•
3*2
3^2
7
©
cs
®
©
7
5
7
7
1
312
7
7
7
....
a
Payable and by
pal, When Due.
Lon., J. S. Morgan & Co. June 1, 1927
Balt., Mech’s Nat. Bank
1885
J.
6
6 & 7
2
6
7
7
6
3
7
7
3
7
bonds due in 1865, and
$350,000 due in 1875. (V. 24,
$4 ,952,805, including earnings of Pittsburgh earnings, p. 516; Y. 26, p. 546.)
Division.
Boston & Lowell.—Operated with the Nashua &
Div. of 25 per cent on Wash. Branch
stock in June,
Lowell, which receives 31 per cent. There are
1878. (V. 25, p. *2, 107,
fit9, 532; V. 26, p. 289, $407,000notes
outstanding. (V. 23, p. 500; Y. 25,
337, 598; Y. 27, p 67.)
p. 16; Y. 26, p. 39; V. 27, p. 121, 303.)
Baltimore & Potomac.—This is the line of the
Boston <t Maine.—Net income,
1876-7, $C60,964
Penn. Railroad from Baltimore to
Washington. The against $846,653 in 1875-6. (V. 22. p. 280; V. 23, p.
bonds are guaranteed by Penn. RR.
and Northern
500; V. 25. p. 531.)
Cent. Net earnings, 1877, $111,788
Boston & N. Y. Air
(V. 22, p. 588;
Line.—Formerly N. Haven
Y. 24, p. fit>3; V. 26, p.
Middletown & Wil. Road cost about
598.)
$6,000,000,
Belleville & Southern Illinois.—Leased and
represented now
$3,000,000 preferred stock and
operated $1,000,000 common.by Gross
by St. L. Alt. & T. H. Co. on a
earnings
1877-8,
$265,925;
percentage of gross net. $77,482.
earnings. (V. 24, p. 297; V. 26, p. 417.)
(V.22.p.567; V.24,p.589; V.26,p.598.)
Boston & Providence.—The bonds and also
Belvidere Delaware— Stock is
$995,150. Leased to notes have been issued for purchase of $794,000
United Co.’s of N. J., and lease
branth
assigned
to Penn. RR. roads. In November, 1877, $800,090
Net earnings go to lessor. In 1877 net
ten-year notes
were authorized, to take
earnings
of
B.
up others falling due.
D. were $123,566. Floating
(V.
debt, $171,702.
23, p. 547; V. 25, p. 531.)
Berkshire.—Leased to Housatonic, at 7 per
Buffalo, Bradford <t Pittsburgh—Under perpetual
cent
per year on stock, but 1X per cent is
usually applied lease to Ei ie at $40,600 per year.
for taxes, &c.
Buffalo, New York & Erie.—Leased to Erie in
Boston & Albany.—As this is the
1863, for 490 years, at 7percent on stock and interest
principal West¬ and
ern trunk line from New
England, its
sinking fund on bonds. (V. 23, p. 646; V. 24, p.
show the course of business on that yearly reports 346; V.
class of rail¬
25, p. 16.)
roads. In past four
years the following has been
Buffalo, New York <t Philadelphia.—This is the
its exhibit:
Gross
Net
Total Stock connecting line of the Philadelphia & Erie with
Earnings.
Earnings.
and Debt. Buffalo. (V. 26, p 574.)
1876-7
$6,779,610
Burlington Cedar Rapids & Northern.—The stock
$2,166,844
$28,870,509
1875-6
is for $10,009,000, of which
7,074,758
2.391,764
27,129,282
$5,500,000 has been
1874-5
7,634,139
2,262,147
26,478,282 issued. This company guarantees $1502000 Minne¬
1873-4
"8,963,128
2,414,916
25,422,100 apolis & St. L. RR. bonds. Net earnings 1877-8,
(V. 23, p. 477 ; V. 24, p. 204; V. 25, p.
430; V. 26, $560,311; extraordinary expenses, $617,745. (V. 24,
p. 166.)
p. 518; V. 25, p. 260, 510; V. 27, p. 301.)
Boston Sarre & Gardner.—Income in
Burlington & Missouri River.—An
1876-77
consolidation and
Bonds—Princi¬
Whom.
J.
6
7
7
8
6 & 7
3
The gross earnings of the main and all
leased lines
lSTG-’I? were $13,-08,860, and net
a deficit of $44,420 under
interest charge.
Bost. Clinton Fitchb & NBedfd. -This was a
con¬
solidation in May, 1876. of the B. C.& F. and
the N.
Bedf. roads.
M y 1,1878, there were
$719,792 notes
outstanding. (V. 23, p. 6*1; Y. 24, p. 134, 518.)
Boston, Concord <& Montreal.—Gross
earnings for
the year ending with
March, 1878, were $654,272;
net earnings, $201,100. There are also
$76,000 old
&
&
&
&
&
&
& O.
& N.
& J.
& J.
& D.
& O.
& J.
& N.
....
1,478,000
3,250,000
200,000
999,500
500,000
425,000
6,921,274
3,500,000
"
Where
& D.
& J.
F.
J.
A.
M.
J.
J.
J.
A.
J.
M.
in
showed
J.
J.
J.
J.
A.
J.
A.
J.
M.
F.
J.
1%
4
7
6
7
When
Pay’ble
(?)
67
60
60
31
291
242
242
92
....
ioo
204
1,100,000
100
100
100 &c.
166
3,000,000
1,133,000
1,000
1871-2
1875
5
6
6
6 g.
6 g6
8
6
6
6
7
1,500,000
500
500
.....
Rate per
Cent.
140,000
366,370
1,000
1,000
1,000
1,000
1,000
discovered in these Tables.
INTEREST OR DIVIDENDS.
Amount
par
$....
n
m
151
7s)
stock
Boston d Lowell—Stock
Preferred stock, 7 per cent
m
38*2
„
are
1877
1855
1878
1871
1871
1875
1866
1877
1854
1857
1876
....
Bonds..
Equipment notes
N.^Bedford Railroad bonds ($400,000
Boston, Concord d Montreal—Preferred
•
Size
[Vol. XXVII
agreement of
Chicago, Bur.
& Quincy, was made in
Oct., 1572. In August, 1675,
stock of Chic. Burl. &
Q. was issued in place of
stock of this Co. and for convertible
bonds.
Annual
report V. 20, p. 335. (Y. 20, p. 139; V. 22, p. 87.)
Burlington <t Missouri in Nebraska.—The stock is
$8,583,750, and a dividend of 2 per cent was made
August 1, 1878. Has a valuable land grant. Consol.
6 per cent bonds are issued for 8s
maturing in 1894.
M. & N.
Philadelphia.
M. & N.
do
F. & A.
do
F. & A.
Philadelphia.
F. & A.
do
J. & J. New York, 44 South st.
A. & O. N.Y.,J. S.
Kennedy & Co
J. & J.
do
do
Q.-F.
F.
F.
F.
M.
&
&
&
&
A.
A. N.
A.
N.
Boston, Treasurer.
do
do
Y., Nat’l Park Bank.
do
do
do
do
1. 1883
July 1, 1918
June I, 1896
July 1, 1918
May 1, 1895
Oct. 2, 1901
Oct., 1909
Jau. 1, 1889
1891
July, 1905
Jau. 15, 1877
Jan., 1893
Oct., 1879
1897
Jan
1, 1908
July 1, 1923
April 1, 1914
May 15, 1878
May 15, 1878
Feb.
1, 1882
1888 to ’89
Feb.
1, 1900
July 2, 1878
April 30, 1884
Jan.
2, 1907
Aug. 1, 1878
Aug. 1, 1878
Aug. 1, 1891
Aug. 1, 1894
May, 1916
Omaha & S. W. is leased. Republican
Yailey road
is leased, and its bonds are
changeable
for B.
& M. consolidated bonds on
any coupon day
after July 1, 1879.
(V. 26, p. 192, 494,148, 598; Y. 27,
p. 15, 67,171.)
Burlington & Southwestern.—Defaulted Nov., 1873.
Foreclosure in progress. (V. 21,
p. 159, 441.)
Cairo & St. llouis —Defaulted in
1873 by failure
to receive town and
Receiver ap¬
county bonds.
pointed December, 1877. Deficit in earnings 1876-7,
$30,115. (V. 22, p. 352; V. 25, p. 511, 569.)
'
Cairo & Vincennes.—Defaulted in 1874. In hands
of receiver.
Deficit in earnings 1876-7, $11,747.
(V. 22,
p.
448.)
California Pacific. - Gross earn’gs, ’76-7, $1,326,632;
net, $444,026. Extension bonds of $3,500,000 and in¬
comes of $1,000,000 were in
default, and the new
bonds of 1875, guaranteed
by Cent. Pacific, were
issued in
place thereof.
468,005.)
(V. 23, p. 62; V. 24, p. 274,
Camden <t Atlantic.—Gross
earnings, 1877, $477,483; net, $177,041.
Interest, &c., $92,379. Divi¬
dend, 2 per cent.
Camden <fe Burlington Co.—Leased to United
Companies, at 6 per cent on $382,000 stock.
Canada Southern.—These bonds have interest
guaranteed for 20 years by New York Central, at
3 per cent for 3 years and 5
per cent for 27 years,
but no guarantee of
principal. (V. 25, p. 283, 308,
375; V. 26, p. *67, 391, 574; V. 27, p. 94.)
Carolina Central.—Receiver appointed
December,
1876. Passed interest January, 1876. (V. 23.
p. 622.)
Catarvissa.—Leased to Phila. & Read., Oct., 1872,
New preferred stock dividend to be 7
per cent
in 1875-6 and afterwa d.
(V. 20, p. 381.)
Cayuga & Susquehanna.—Leased in perpetuity to
Del. Lack. & West. Dividends, 9
per year.
Cedar Falls <& Minnesota.—Leased to Dub. & Sioux
City, and sublet to Ill. C. at $1,500 per mile yearly,
ana a per cent.of all
earnings over $3,500 per mile.
Cedar Rapids <t Missouri.—Leased to Chicago &
Northwestern/at $700 of first $1,500 gross earnings
per mile; one-third of the next $3,000per mile, and
one-fifth of all above that.
(Y. 20, p. 162.)
September 28,
RAILROAD STOCKS AND BONDS.
1878.]
xvfi
Subscribers will confer a great favor by giving Immediate notice of any error discovered In these Tables,
DESCRIPTION.
Miles Date
For explanation of column headings, Ac., see notes
of
of
on first page of tables.
Road. Bonds
Central R. R. d Bank,, Oa.—Stock
General mort. “tripartite” bds ($5,000,000) coup.
Macon & Western bonds
Central of Iowa—1st mortgage gold, coupon
2d
mortgage, gold, $4,000
per
Central of New Jersey—Stock
mile
Mortgage bonds
Bonds (convertible Nov., 1875 to 1877)
Consolidated mortgage (for $25,000,000)
Consol m., coup. guar.
bonds, guar. Ceut.of N. J
Imp.Co.
Adjustment raortg. (for $5,550,000)...
4781
7
•
-*«
.
....
Pacific—Stock
1213
742
Cherry Valley Shar. d Al.—1st mort., convert
Chesapeake d Ohio—1st mortgage, gold, “A”
1st mortgage, gold, “B”
Chester Valley—1st mortgage
Chicago d Alton—Common stock
Preferred st’ck (7
y’rly not cumulative)
sterling, for £900,000
p. c.
....
General mortgage^
1st mortgage
Income bonds
Joliet A Chicago, 7 per cent, stock.
do
do
1st mortgage, sinking fund
8t. Louis Jack. & Ch., 1st mortgage
do
do
1st mort. guar, by C. & A...
do
do
2d mort. guar, by C. & A...
do
do
2d mortgage
Louisiana & Missouri, 1st mortgage
do
new mortgage for $300,000
do
do
do
guar. prer. stock
Chicago & III. Riv., 1st mort. ($474,000 guar.)...
Bonds for K.C.St.L.& C. line, s.f. $60,000 after’79
Chicago, Burlington & Quincy —Stock
1st mortgage, sinking fund, (trust)
Consolidated mortgage coupon, (for $30,000,000)
Northern Cross R. R. 2d. mortgage, gold
Trust mortgage (Burlington to Peoria)
Plain bonds (coupon or
registered)
Dixon Peoria & Hannibal, 1st m...
Ottawa, Oswego & Fox Riv., 1st m
Illinois Grand Trunk, 1st mort....
Quincy & Warsaw, 1st mortgage
►
per year)..
Coupon,
but may be <
registered.
..
Keokuk A St. P., 1st M. (Coup., but may be reg.)
B’ds for St. L. R. I. A C. (sink, fund $50,000) coup.
Quincy Alton A St. Louis, 1st mortgage, coupon:
Chicago d Canada Southern— 1st mort., gold
Chicago, Cincinnati d Louiscille—Ist mort
Chic, d East.Ill— 1st
2d mortgage
income
Central Railroad &
Bank.
Ga.—Leases several
In April, 1875, pur¬
chased one-half interest in Western Railroad of
Alabama at foreclosure sale.
The “tripartite”
bonds at e issued jointly by this Company, the Macon
& West., and Southwestern. Gross earnings year
roads, and guarantees bonds.
ending Aug. 31, 1&77, $2,409.092; net, $816,925.
23, p. 353, 498; V. 25, p. 43 •>.)
(V.
Central of Iowa.— Sold in foreclosure, July 18,
1877, nndfr 1st morrgagH.
Gross earnings, 1877,
$723,818; net, *204.190. (V. 23, p. 159,427; V. 24,
135,561; V. 25, p. 62, 237,431, 591; V. 26, p.
p.
215.)
....
500 Ac.
£200
1,000
1.000
100 Ac.
50
50
1,000
100
1865-8
1864
1862
1870
138
146
742
158
123
152
152
20
....
1,000
....
1869
1,000
...
1868
1872
1870
1870
1869
1872
1871
1869
195
195
23
21
1,000
1,000
....
.
....
r
....
1,000
1,000
1,000
1,000
....
1,000
1,000
500 Ac.
100 &c.
1,000
1,000
....
....
....
....
....
....
....
....
....
....
....
....
88
....
....
....
21 ig
677
649
....
....
....
322
220
220
38
38
150
37
1873
1863
1862
100
500 Ac.
.
.
.
.
100
100
1,000
1,000
500 &c.
100
1857
1864
1864
1868
37
150
1868
101
1870
28
162
1620
466
825
100
96
1875
1878
1,000
1,000
1,000
1,000
1,000
1,000
‘
....
32
40
70
44
40
43
270
46
67*2
73
M.,coup.(s.f.$20,000 after’85)
7
....
5G
....
$13,860
Carthage & Burlington, 1st mort..'
Bonds of 1875, (sinking fund
2*2
3,500,000
117,000
3,700,000
925,000
20,600,000
5,000,000
4,400,000
15,000,000
3,278,000
600,000
1,680,000
11,500,000
1,000
1,000
1,000
....
2d mortgage
mortgage, (Va. Cent. R. R.,) guaranteed by Va.
3d mortgage,
do.
do.
coupon
Income mortgage, (Virginia Central R. R.,) coup.
Funded interest, coupon bonds
Cheshire—Stock, preferred
Bonds, not mortgage
$7,500,000
100
....
434
434
1st
$100
1,000
1,000
....
137
137
.
1858
1873
....
.
....
.
.
1872
1,000
1,000
1875
1869
1869
1870
500 &c.
500 Ac.
1870
500 Ac.
1870
1869
1876
1876
1872
1867
1877
1877
2*2
7
7
7
7
6 g.
7
7
7
3,000,000
(?)
2
3
6
4
6
7
7
6
6
6
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
2,616,000
1,970,000
6,000,000
2,000,000
500.000
7,764.000
1,810,500
500,000
500,000
300,000
2,000,000
15,000,000
1,000
1,000
500 Ac.
*
g.
g.
■
3*2
3*2
6 g.
7
7
1%
8
7
7
7
7
7
7
6 g.
4
8
7
4 g7
7
5
8
8
8
8
8
8
5
5
7 g.
7
266,000
546,500
1,079,000
890,500
720,000
317,000
500 Ac.
1,000,000
3,000,000
750,000
ceipts for five years, and 40 after.
dividends.
.
6
7
Pays 6 per cent
r
Central Pacific.--In 1876 a part of the Southern
Pacific iine* ‘was leased.
An abstract of the
annual
report for 1876, including the land agent’s
report, also gross and net earnings to June 30, 1877,
was uiven in the Chronicle, V. 25, p 200.
Gross
earnings, 1876, $18,146,944, currency; expenses.
$8,732,074; net earnings, $9,414,869.
The policy of
making 8 per cent dividends yearly was declared
in 18757 Trustees of land mortgage held in May,
1878, $1,109,242 >n cash, and $1,696,942 in notes,
and in August they calLd for sale to them of
$1,100,000 land bonds. (V. 25, p. 200; 236, 375, 380;
V. 26, p. 363; V. 27, p. 4), 95, 122, 147, 253, 274.)
Charlotte, Columbia dk Augusta—Stock is $2,578,000, and $183,500 of old Col. & Ang. bonds are yet
earnings, 1877, after payment of Lehigh &
Susq. rental, were $1,838,335.
The report of
Committee consolidated mortgage bondholders was
62; V. 26,
given Coal
in V.Company
24, p. 494;
and25,onp.Lehigh
AWilkesin V.
Central
63. The
arre
of
New
Jersey assumes
Coal & Navigation
$2,3lO,oOO
of Lehigh
out, due 1890. Net earnings 1877, $202,488. <’ontrol
of road sold to Richmond & Danville. (V. 24, p.
p.
95; V. 27,
p.
280.)
Chartiers.—Leased to Pitts. Cin. & St. Louis, and
operated by Penn. Co. Net earnings go to lessorin
1877, $42,406. (V. 22, p. 519; V. 24, p. 419.)
Company’s debt and $265,793
Cherry VuUey, Shar. dk Al.—1Transferred to Dela¬
of the Railroad Car Trust Company. The Ameri¬ ware & Hudson Canal
Co., April, 1875. Interest
can Dock & Improvement Co. executed a mortgage
unpaid in December, 1875. (V. 20, p. 404.)
for $4,000,000, in 1877, to secure its bonds.
The
Chesapeake dk Ohio.—Sold in foreclosure April 2,
following table shows the receipts, expenses and net
1878, for $2,750,000 and re-organized, with securities
earnings, including Lehigh & Susquehanna Divi¬ as
above, when all are issued,
the p<yments on
sion;
old Virginia Central bonds and coupons, and notes
Expenses. Net earn’gs. issued
Receipts.
therefor, were made as per circular, Chron¬
$8,589,631
$4,140,691
$4,449,010 icle, V. 27, p. 94. Net earnings 1876-7, $139,307.
1875
3,282,910 (V. 24, p. 62. 299, 320; V. 25, p. 186, 641; V. 26, p.
7,411,637
4,128 *<7
1876
3,262,000 17, 342, 522, 615; V. 27, p 15, 94.)
3,684,,K.,0
6,946,010
3,2 9,697
2,449,371
5,659,067
63, 111, 135, 156, 204. 226. 249, 274, 275,
299, 396, 420, 445, 494, 5 1 7, 590, 604: V. 25, p. 63, 457,
591; V. 26, p. 40, 60, 95, 141, 216, 315, 391, 495, 574,
592, 624.)
1877....
(V. 21,
p.
Central Ohio.—Leased to Baltimore & Ohio RR.
io 1866 for 21 years; rent 35 per cent of gross re¬
Cheshire.- Net
income, 1876-77, $78 156.
New 6
onds
authorized,
redeem
Ser
centof bonds
1880. for
(V. $536,0
V. 26, p.to
495.)
23. p. 05 48;
Chester
Jan. 2, 1878
Jan. 1, 1893
Oct., 1880
July 15,1899
April 15,1901
April 10,187C
1 vjo
Nov., 1902
July 1, 1899
1886
1887
Feb. 1, 1899
June 1, 1900
May 1, 1903
July 29, 1878
July 29, 1878
Sept., 1890
Oct., 1877
1895 to *98
July 1, 1884
Jan.
Oct.
1, 1883
1, 1900
1895 to ’98
July 1, 1899
1899
Jan.
Jan.
July
Oct.
Jan.
Jan.
Oct.
Deo.
1,
1,
1,
1,
1,
1,
1,
15,
1888
1892
1890
1890
1895
1910
1901
1899
g.
Central of New Jersey —A full abst ract of the re¬
organization scheme now pending was published in
the Chronicle, V. '26, p. 215. with a brief statement
of earnings in 1877 and probable future earnings.
Net
J. & D.
Savannah, Ga.
J. A J. New York A Savannah.
A. A O.
Macon, Ga.
J. A J.
New York, Office.
A. A 0.
do
do
New York, at office.
Q.—J.
F. A A.
do
do
M. A N.
do
do
do
do
Q.-J.
do
do
J. A J.
do
do
M. A N.
London.
Q.—M. N.Y.—Cent. RR. of N.J.
J. A J.
do
do
M. A N.
New York.
J. A J. Balt., at B. A 0. office.
J. A J.
do
do
M. A S. Balt., West. Natl. Bank.
A. A 0. N. Y. A San Francisco.
J. A J.
N. Y., Fisk A Hatch.
J. A J. Sacram’o State Treas.
J. A J.
N. Y., E. Kelly A Co.
A. A O.
N. Y., Fisk A Hatch.
J. A J.
U. S. Treasury.
J. A J.
N. Y„ Fisk A Hatch.
U. S. Treasury.
J. A J.
N. Y., Fisk A Hatch.
J. A J.
New York A London.
J. A J.
N. Y., Fisk A Hatch.
A. A O.
do
do
J. A J. N.Y.,M.K.Jesup,P.ACo.
J. A J.
do
do
A. A O. Philadelphia, Penn R.R.
J. AD. N. Y., Metropolitan Bk.
Stocks—Last
Dividend.
....
g.
g*
6
6
8
8
1
6
7
100,000
902,000
300,000
160,500
2,153,300
836,400
500,000
10,065,300
2,425,400
4,379,850
2,383,000
1,087,000
1,500,000
306,000
2,365,000
564,000
188,000
360,000
1,854,000
(?)
2,467,000
840,000
2,571,350
100 Ac.
Where payable, and by
Whom.
10,000,000
1,000
1,000
1,000
1,000
g.
g.
g.
g.
g.
6
6
6
8
6
7
7
7
7
6
When
Payable
Bonds—Princi¬
pal, When Due.
~>
....
3,000,000
27,644.916
2,715,000
11,521,000
841,000
661,000
1,632,475
423,000
1,000
1,000
....
7
7 g.
7 g.
l,66o,0()0
1,000
100
-
Rate pei
Cent.
Outstanding
.
....
137
U. S. Loan, (2d lien on certain terms)
Western Pacific, 1st mortgage, gold
do
Government lien
Cal. A Oregon, 1st mortgage, gold (guar by C.P.).
C. P. bonds, mortg. on C. & O. Br. ($7,200,000 g.)
San Francisco O. & A., 1st mortgage ($1,500,000)
Land bonds on 11,722,400 acres
Charlotte Columbia d Augusta—1st mort. consol...
2d Mortgage
Chartiers— 1st mortgage.
•
Am niint.
Value.
....
1878
137
137
Istmort., gold, (2 sinking funds, $50,000 each)..
California State aid, gold (s. fund, $50,000)
Bonds, formerly conv. into U. 8. bds (s.f.,$35,000)
1st mortgage on San Joaquin Valley Branch, gold
•
or
par
500 Ac.
1869
1872
1874
1876
1867
1874
1875
....
mortgage bonds
Central
•
....
Central Ohio—Common stock
Preferred stock
1st
....
202
202
359
74
97
general mortgage (“ blanket”)
Newark & New York, 1st mortgage
Lehigh & Wilkesbarre Coal Co., 1st mort. guar—
do
1872
1870
1869
1871
....
New
do
Am. Dock A
708
620
INTEREST OR DIVIDENDS.
Size,
Valley.—In hands of trustees and leased
to Philadelphia & Reading. Coupons due 1860, paid
May, 1376.
Chicago dk Alton.—The report, for 1877 is given at
J.
A
A
A
A
A
A
A
A
A
A
A
A
J. N. Y., Am. Excb. Bk.
J.
do
do
J.
do
do
J.
do
do
J.
Boston.
J.
J.
do
N.
M.
Philadelphia.
M.
8. N. Y. ,M. K. Jesup.P. A Co.
M.
8.
do
do
J.
J. Lon d’n,J.S. Morgan ACo.
J.
J. N.Y.,M.K. Jesup,P.A Co.
A.
O.
do
do
N. Y. U. S. Trust Co.
Q.-J.
J. A J. N. Y.,M.K. Jesup,P. A Co.
A. A O.
do
do
A. A O.
do
do
J. A J.
do
do
J. A J.
do
do
F. A A.
do
do
J.
J.
J.
J.
M. A S.
M. A N.
M. A S.
J. A J.
J. A J.
J. A J.
A. A O.
J. A J.
J. A D.
M. A N.
J. A J.
J. A J.
A. A 0.
J. A J.
A. A O.
A. A O.
F. A A.
A. A O.
J. A .T.
J. A D.
Dec.
N.Y.,M.K.Jesup,P.ACo.
1880
1884
1876
1877
Jan. 15, 1878
July 1,’80 A’9 6
May, 1872
Sept. 4, 1878
Sept. 4,1878
July 1, 1903
Jan., 1893
Jan., 1883
Oct., 1878
July, 1882
April, 1894
April 1,1894
July, 1898
July, 1898
Aug., 1900
March
1,1905
May 1. 1903
Y., Bk. of Commerce. Sept, 16. 1878
do
do
Jan. 1, 1883
N.Y.N.Bk.of Com. ABost July 1, 1903
Frankfort.
July 1, 1890
N.Y., N. Bk. of Com’rce. Oct. 1, 1890
do
do
N.
Boston. Co.’s office.
Boston, Co.’s Office.
N. Y., N. Bk. of Com’rce.
do
do
New York and Boston.
Boston.
New York and Boston.
Boston.
do
Boston, C. B. A Q. RR.
N. Y., Union Trust Co.
N. Y., Farm. L. A T. Co.
New Yorky^ttli Nat. Bk.
do
do
Jan. 1,
June 1,
1896
1895
May, 1879
July, 1889
July, 1900
Oct., 1890
July, 1890
April, 1879
Oct. 1, 1901
Feb. 1, 1896
April 1, 1902
Jan., 1887
.Tune, 1907
Dec., 1907
length in V. 26, p. 213, and shows gross earnings of
$4,464,343, and net earnings of $2,107,337, against
$2,269,467 in 1876. Joliet & Chicago RR. is leased for
St. L., Jack. & Chic.
on stock and bonds.
Railroad leased at $240,000 per year. Louisiana «fe
Missouri Railroad operated under contract. New
interest
extension to Krnsas
City built in 1878. and a mort¬
that line (K. O. St. L. & Chic. RR.) is
deposited in trust as security for C. & A. gold 6s of
1878. Chic. & Ill. River was to have been sold May
31, 1878. but sale enjoined. (V. 25, p. 4G3; V. 26, p.
95, 112, 213, 289, 4i6, 547; V. 27, p 41, 94.)
gage on
Chicago Burlington dk Quincy.—Parchased inOct.,
1876, St. L. Rock Is. & Chic, road, for $1,570,000 In
gold. Gross earnings for 1877 were. $12,530,875; ex¬
$7,309,708; net earnings, $5,221,166; interest
charge, $2,139,9)1. The C. B. <fc Q. leases nnmeron*
branch roads, giving them a traffic guarantee (usually
40 or 50 p. ct.) for purchasing their bonds.
Leases
In perpetuity the Q. A. & St. Louis at $42,000 per
penses,
Enough of the C. B. & Q. consolidated
tgage is reserved to take up pnor debts.
In
August, 1875, stock of this Company was issued in
exchange for Burlington & Missouri River Railroad
stock, and the same is also given for the convertible
annum.
moi
bonds of Burlington A Missouri River Railroad.
The bonds of 1876, for purchase of St. Louis Rock
plain bonds of Chicago Bur¬
lington & Quincy, but offset by 7 per cent mortgage
bonds of like amount, secured on St. Louis Rock
Island & Chicago road, and deposited with trustees.
(V. 21, p. 63, 111, 202, 274; V. 25, p. 138; V. 26, p.
l8l. &.C. Railroad, are
190. 548.)
Chicago dk Canada Southern.—Connection of Can Interest in default. (V. 25, p. 261.)
ada Southern.
Chicago, Cincinnati dk Louisville.—Ho Informa¬
tion furnished.
Chicaao dk East I.linois.—Chic. Danv.& Vine, sold
in foreclosure, and re-orginized. On income bonds
interest is to be paid as earned, not over 7 per year.
(V. 25, p. 49, 334, 356, 431, 618;
315, 419.) k-
V. 26,
p.
264*
•
KTiii
RAILROAD STOCKS AND BONDS,
Subscribers will confer
great favor
a
by giving Immediate notice
of any error
DESCRIPTION.
For explanation of column
on
Miles
headings, &c.,
first page of tables.
notes
see
Chicago <C Iowa—1st mort., coup.,
may bo
<£ Nebraska—Stock
2d mortgage (now
1st)
Chicago, Iowa
reg
3d
do
(now 2d)
Chic. <£ L.
Huron—Peninsular,
1st M.,gold, s. f
Port Huron
& L Mich., 1st
mortgage
Chic. <£ Mich. L. Shoi'e— 1st
1st mortgage, main line M., New Buff, to St. Jo.
1st mortgage, on branches
:
1st mortgage, on
Muskegon & Big R. Branch
Chicago, Milwaukee c£ St. Paul--Com.
stock
1st
1st
1st
1st
1st
2d
mortgage (Iowa & Minnesota)
mortgage (Minnesota Central)
mortgage (Iowa & Dakota)
p. m.)
Milwaukee & Western
Western Union, 1st
mortgage
Chicago <& Noi'thioeslem—Common
fcC-w
o'—
* a
aj «
&■§
^sg
*>■)
r*
fit. P. & Chic. 1st M.
(Riv. Div.) $ & £(conv.)
1st mortgage,
Hastings
& Dakota
1st mortgage,
Chicago <fc Mil. line
1871
82
1860
1863
1869
1870
1869
1870
1871
1872
82
166
66
52
%
ftp.
3
<U
©■£
stock
extended...
siuk’g fd M.,
(all above convert,
•
or
Par
Outstanding
$1,000
$1,750,000
100
100 &c.
500 &c.
....
1,000
1,000
1,000
1,000
1,000
100
100
....
....
1*86*8
1*6*00
13*6
1868
1861
1872
1,000
1,000
75
85
197
1872
1873
1866
1,000
1,000
1,000
37*6
370
220
49
*25
235
235
23
26
186*2
100
100
100 &c.
100 &c.
100 &c.
500 &c.
500 &o.
248
1853
1,000
‘*74
1*863
46
1863
1,000
1,000
1,000
193
1859
1862
1859
1,000
into this)
779
1865
Madison extension, 1st
mort., sinking fund, gold.
126
1871
500 &c.
Chicago & Milwaukee, 1st mortgage,
2d lien
85
1,000
Menominee River, 1st mort.,
guar., (for $400,000)
25
1876
Menominee extension, 1st
mortgage,
gold
120
1871
500* *&o.
Gen. cons mort.,
gold, coup, or reg. ($48,000,000) 1,058 1872 500 &c.
Winona & St. Peter, 1st
mort., guar by Cliic.&NW.
137 1870-1
do
1,000
2d mort.,
do
do
137 1871-1 '1,000
do
1st M. exten, gld, land
175
gr., s. f.
1871
100 &c.
Iowa Midland, 1st
mort., guar, by Chic. & N. W..
75
1870
1,000
Northwestern Union, 1st
mortgage, gold
62
1872
500 &c.
Chicago <& Paducah— 1st mortgage
156
1873
1,000
Chicago, Pekin & Soulhicestern— 1st
70
....
2d
mortgage
mortgage
Chicago, Rock
Island & Pacific—Stock
Branch bonds
(sinking fund $40,000 per yr.)
1st mortgage (for
$12,500,000) coup, or reg
Chic.& Soutliw.,
IstM.g. (g’d in cur. by C.R.I.&P.)
Iowa South. & Missouri
North. RR. stock
Chicago St.Paul <£ Minneajjol is—1st mort.,
g.,coup.*
Land grant mort.,
income, coup. (2d on road)
Cincinnati, Hamilton <£ Dayton—Stock
1st mortgage of 1853
2d
do
1865
Consol, mort. (for
$3,000,000), sink, fund 1 p. c..
Cin. Ham. & I,
(Junction) RR., 1st mort., guar...
Cincinnati, Lafayette <£ Chicago—1st mort.,
gold
Consolidated
mortgage
Cincinnati & Muskingum Talley—1st
mortgage
Cin., Richmond d• Chic.—1st mort.,
guar. C. H. &D.
2d mortgage, guar, and
owned by C. II. & D
Cin. Richmond & Ft. IF.—1st
mort., gold, guar
Cincinnati, Sandusky d Cleveland—Stock
Preferred stock
Mortgage bonds, Sandusky, Dayton & Cincinnati
do
Sandusky city & Ind
do
Cincinnati,
Cincinnati cC Springfield—1st Sandusky & Cleve...
mortgage, guar
2d mortgage
<f: Mich— 1st
Chicago & Iowa.—®old
mortgage
Mar. 9,
1878, in foreclosure
of 2d mortgage of
$1,150,000, and a re-sale ordered.
Net earnings 1876-7, $114.36K.
(V.
V. 26, p. 166, 264; V. 27, p. 40, 251.) 25, p. 138, 307;
Chicago, Inva <fe Nebraska.—Leased in
perpetuity
Northw., at 37)4 per ct. of gross receipts.
to Chic. &
Chic. & Lake Huron.—This was a
consolidation
of the Peninsular Railroad and
Port Huron & Lake
Mich. To be sold in foieciosure under
the
mortgages.
Y. 26, p. 116.)
(V. 24,
p.
275; V. 25,
sectional
p.
90, 212,283;
Chic. & Mich. Lake Shore.— In default
since July,
on the $477,000.
Foreclosure sale to
be held Nov. 15, 1878. (V.
24, p. 493; V. 26, p. 495,
599; V. 27, p. 227.)
Chic. Mil. & St. Paul.—Net
1873, except
earnings 1877,
460; 1876, >3,100.847; 1875, $3,085,389. The $3,574,earnings
were reduced in 1874 and 1875
by the lower freight
rates imposed by the Wisconsin
'railroad law. The
law was modified, and with
April, 1376, higher rates
again took effect. Annual report for 1877, Y.
364. The following is a comparison for three 26, p.
years
of operations, and financial
condition at the close of
year:
Miles
Stock.....
Debt
Earnings.
187 r.
1,412'
.
...
Op. expenses.
Net earnings.
$271,744
29,954.500
8,114,894.
4,5 tO,433
3,574,460
1876.
1,399
.
187*.
1,399
$27,673,744
30,010,500
$27,673,744
8,054,171
4,953,321
3,100,847
8,255,743
27,129,000
5,170,354
3,085,389
Of consol, bonds of 1875 enough are
reserved to
take up old debt. Dividends have been
paid since
1869—on pref. stock—in 1878 10#
cash, in 1877 314
cash, in 1«76 14 per cent in bonds, and 3*4
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
ecrip, 1870 3 cash and 7 scrip. (V.24, p. 105,
111,
395; V. 25, p. 138,431; V. 26, p. 117, 264,
599; V.
£7, p. 172, 251.)
Chicago dk Northwest.—The fiscal year ends with
7 s.
12,279,483
7,341,000
6,600,000
600,000
3,810,000
190,000
640,000
7
7
7
7
7
7
155,000
2,700,000
12,343,000
2,750,000
1,650,000
4,375,000
1,350,000
3,500,000
2,961,000
700,000
300.000
6*3*6
1877' l.OOO&c
1869
100 &c.
187*8
50*0* *&c.
500 &c.
100
185*3
1865
1875
1873
1871
1874
1870
1866
1869
1871
60
98
56
56
148
36
36
90
I'88
138
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
50
50
1866
1852
1867
1871
1872
1871
80
48
114
2,018,000
3,500,000
1,246,000
494,000
1,500,000
1,846,000
1,120,000
471,000
1,500,000
560,000
65,000
1,800,000
4,005,750
429,037
750,000
....
i,6"o’o
1,000
1,000
interest
350,000
1,100,300
2,000,000
651,000
1,824,000
their bonds.
acres unsold.
on
the company are
2,243,183
of the C. & N. W.
proper,
as
follows:
&
&
J. &
F. &
M. &
M. &
M. &
J. &
M. &
M. &
J. &
A. &
J. &
J. &
A. &
J. &
J. &
J. &
J.
J. New York and Boston.
J. Boston,
by Treasurer.
J. Boston, Merchants’ B’k.
A. New
York, Park Bank.
N.
New York.
N.
do
S. Bost., Treasurer’s
office.
J.
do
do
N.
do
do
S.
do
do
J.
New York, Office.
0.
do
do
J.
do
do
J.
do
do
O.
do
do
J.
do
do
J.
do
do
J.
do
do
Stocks—Last
Dividend.
July 1, 1901
July 1, 1878
July 1, 1888
Aug. 15,1892
May, 1889
May 1, 1900
Sept. 1889
July, 1890
Nov., 1891
Sept. 1, 1892
Jan., 1871
Oct. 15, 1878
July 1, 1905
1893
1884
1897
1894
1899
F. & A.
New York, Office.
1898
F. & A.
do
do
1898
7
J. & J.
do
do
1891
7 g. J. & J. London and New
York.
Jan., 1902
7
J. & J.
New York, Office.
1902
7
J. & J.
do
do
1903
7
F. & A. N.Y.,
Mil. & St.Paul RR.
Feb. 1896
3
J. & D. New York, Co.’s
Offioe. June 27,1878
J. & D.
3^2
do
do
June 27,1878
7
F. & A.
do
do
Aug. 1, 1885
7
M. & N.
do
do
Nov. 1, 1883
7
F. & A.
do
do
Aug. 1, 1885
7
F. & A.
do
do
Aug. 1, 1885
7
F. & A.
do
do
Aug. 1, 1885
7
F. & A.
do
do
Feb. 1, 1882
7
J. & J.
do
do
Jan. 1, 1884
7
M. & S.
do
do
Sept. 1, 1898
7
J. & J.
do
do
Jan., 1888
7
Q.-F.
do
do
Feb. 1, 1915
7 g. A. & O.
do
do
April 1,1911
7
J. & J.
do
do
July 1, 1898
7
J. & J.
do
do
July 1, 1906
7 g. J. & D.
do
do
June 1, 1911
7 g. J. & D.
do
do
Dec. 1, 1902
7
J. & J.
do
do
Jan. 1, 1887
7
M. & N.
do
do
Nov. 1, 1907
-7 g. J. & D.
do
do
Dec. 1, 1916
8
A. & O.
do
do
Oct. 1, 1900
7 g. M. & S.
do
do
June 1, 1917
7
J. & J.
July 1, 1903
8
F. & A. N. Y., Farm. L. &
T. Co. Aug. 1, 1901
8
A. & O.
1891
2
Q.-F. New York, Co.’s Office. Nov. 1, 1878
6
F. & A.
do
do
Aug. 1, 1895
6
J. & J.
do
do
July 1, 1917
7
M. & N.
do
do
Nov., 1890
2
do
Q.-F.
do
Nov. 1, 1878
6 g- M. & N.
New York, at Office.
May 1, 1918
6 g- M. & N.
do
do
s
May, 1898
4
A. & O. N. Y., Winslow L. &
Co.
April, 1873
7
M. & N.
do
do
May 1, 1880
7
J. & J.
do
do
July 20, 1885
7
A. & O.
do
do
Oct., 1905
7
J. & J.
do
do
Jan.,
1903
7 g. M. & S.
N.Y., J.S.Kennedy & Co.
Mch. 1901
7 g. J. & J.
do
do
Nov. 1, 1914
7
J. & J. New York, Moran Bros.
Jan., 1901
7
J. & J. N. Y., Winslow L. & Co.
July 1895
7
J. & J.
do
do
Jan. 1, 1889
7 g. J. & D. N. Y., Winslow, L. & Co.
June, 1921
-
10s.
3
6 '
7
7
7
7
7 g.
May. The last annual report will be found in the
Chronicle, V. 27, p. 170. The net surplus of the
year on the Chic. & Northwest, lines
proper, after
paying interest, was $3,147,265, and on the whole
system, including proprietary
roads, $2,464,487.
The net deficit on
proprietary roads was $682,688.
including the
J.
Where Payable , and by
Whom
73
14,988,807
21,525,602
1,214,100
708,600
3,477,800
116,000
235,000
1,660,000
158,000
272,000
249,000
4,807,500
3,150,000
1,700,000
20.979,800
916,000
9,000,000
5,000,000
5,000,000
2,800,000
1878
Payable
Bonds—Princi¬
pal, when Due,
*8*
234,000
4,000,000
213,000
2,500,000
3,500,000
100
1*7*7
When
\ V
1.000
177
60
60
60
3*2
3,674,000
1,315,000
1,000
.
Cin., TYah.
211,500
1871
1,000
8
5
7
7
7 g.
7 g.
8
8
8
8
3,600,000
1,000,000
477,000
3,523,000
1,350,000
1,280,000
15,404,261
1871
271
Rate per
Cent.
3,916,200
568,200
64
732
1*87*5
dlscovered ln these Tables*
INTEREST OR DIVIDENDS.
Amount
Value.
1,000
1,000
1,000
1,000
1,000
1,000
net
(Peninsular RR.) on roads and earnings
lands...
1st mortgage (Beloit & Madison
Railroad)
Consol,
•
1,459
1st mort., general, 3d
mort., Chic, to
Appleton exten., 1st mort. on 23 milesOshkosh—
and land..
Green Bay exten., 1st mort. on
26 miles and land
1st mort., Galena &
Chicago Un. RR.
on
•
Size,
1875
1863
1864
1867
1864
1869
Preferred st’ck (7 p. c.
y’rly, not cumulative)
1,459
Bonds, pref. (sink’g fund), 1st mort.,
Chic, to Osh.
193
Interest bonds, funded
coup., 2dm., Chic, to Osh.
193
Mississippi River Bridge b’ds, lien
1st mort.
•
1,412
t
mortgage, Iowa Division ($15,000
mortgage (Prairie du Cliien)
mortgage (Prairie du Chien)
80
82
1,412
Preferred st’ck (7
p. c. yTly, not cumulative)
■Consolidated mortgage (for
$35,000,000)
1st mortgage (Lacrosse
Div.)
‘
2d mortgage
Date
of
of
Road. Bonds
[Vol. XXVII.
Lands of
Operations
for four years, compare
Boston, Office.
....
M.
F.
M.
J.
A.
J.
J.
&
&
&
&
&
N.
do
do
A.
do
do
S.
do
do
D. N. Y., Union Trust
Co.
O.
N. Y.,U. S. Trust Co.
& J.
do
do
& J.
Wabash, Indiana.
1872
May 1, 1878
Aug. 1, 1900
Sept. 1, 1877
Dec.
1, 1890
April 1, 1901
1902
July 1, 1891
Chicago St. Paul & Minneapolis.— This is the
West Wisconsin RR.
reorganized. The 1st mort.
a 2d on i he
lands; the land mort. a 2d onroad,
but no foreclosure can be had
except on default on
1st mort. The lands
mortgaged are about
is
acres.
4,6.)
(V. 24,
p.
543; V. 25,
p. 41,
500,000
115; V. 26, p.
Cine. Ham. & Dayton— Net income
in 1877-8
payment of interest.
Defaulted on
C. H & I. guarantee in 1877.
(V. 25, p. 186, 569,
$82,784 after
Gross
Expenses
Net
591; Y. 26, p. 117, 599, 624.)
earnings.
and taxes.
earnings.
1877-78
$13,583,847
$6,756,126
$6,327,720
Cincinnati, Lafayette & Chicago.—Gross
1876-77...
11,877,503
6,517,680
5,329,819 in 1876-7, $328,172, net, $116,159. (V. 20, p.earnings
1875-76
568.)
12.773,711
7,408,957
5,364,8 ;3
1874-75
Cincinnati &
12,707,126
7,984,694
4,723,031
Muskingum
YaUey.Is
leased
for 99
All other bonds,
including those of proprietary roads, years from 1873 to Pittsb., Cin. & St. Louis for net
may be absorbed by the gold
loan, and that amount earn’gs, but bonded interest is guaranteed. Net earn¬
is reserved from the
$48,000,000. Divid’nds have been ings, 1877, $25,885—total loss to lessee, $79,114. (V.
22, p. 519, 614.)
on pref., 3 on com.;
>ec., as
1877, 3l4 onJune,
pref.; :878,
Dec. 3)4
1876,2^4
on pref.; July,
Cincinnati, Richmond & Chicago.—Leased to Cin.,
1873. 3)4 on pref.; Dec.. 1872,
3# on both; June, 1872,
Ham. & Dayton, which owns most of
the stock. Net
3)4 on pref.: Dec., 1871, 3)4on pref.;
income
above interest, 1875-6, $8,229.
June, 1871, 5
on both;
(V. 21, p. 62.)
Dec., 1870, 5 on both; June, 1870, 2on pref.;
Dec., 1869, 5 on pref., 4 on com.; June, 1869, 5 on
Cincinnati, Richmond & Foi't Wayne.—Leased to
both; Dec., 1868. 5 on both. (V. 25, n.
Grand Rapids for y9 years. Interest
160,444, 532; Gr.
guaranteed by
V. 26, p. 469, 574; V. 27,
Rad., Cin. Ham. & Dayton, and by
p. 140, 170.)
Pennsylvania
Co. (Y.22, p. 532; V.
24, p. 563; V. 27, p. 172.)
Chicago & Paducah.—Gross
earnings
1876-7, $271,370; net, $68,294. (V. 23, p. 427.)
Cincinnati, Sandusky & Cleveland—In the year
ending June 30, 1377, gross earnings were $655,420;
Chic. Pek. dkSouthw'n.— Receiver
appointed June,
expenses, $530,677; net
1877. Net earnings
1816-7, $58,241. (Y. 25, p. 16, coupons on 2d mort. bondsearnings, $121,743. Six
funded, beginning with
618.)
June, 1877. (V. 25, p.
407, 430, 510, 531; V.
Chicago Rock Island & Pacific.—In 1877-8 gross re¬ 26, p. 116, 141; Y. 27, p. 380,
303.)
ceipts were $7,895,870; net receipts,
$3,511,356; divi¬
dend payments (8 p.
Cincinnati
&
c.) $1,678,334; surplus for the
Springfield.—Leased m perpetuity
to Clev. Col. C. & I., with
year, $665,647. Owns stock of la. So. & Mo.
guarantee or intereet:
North,
and pays 2 per cent
on first
mortgage, half of interest is also guaranteed
quarterly to Rock Islaud stock¬
holders, making their
quarterly dividend actually by Lake Sh. & M. S. (Y. 23, p. 232.)
214 per cent. Controls Peoria <fc Rock Island
road.
Cincinnati, Wabash & Michigan.—Some bonds
Keokuk & Des Moines RR. was
leased Mav, 1878.
held by L. Sh. & Mich. So’n. but no
(V. 25, p. 15, 230,476; V. 26,
indorsement by
p. 574, 599,* 623,
that company. Went into trustees’
bands Jan., 1878.
653.)
'
(Y. 26, p. 40, 166, 192, 367.)
r
.
....
Eaid follows:
September 28,
Subscribers will confer
,
RAILROAD STOCKS AND BONDS
1878.]
a
great favor by girlug Immediate uotlce of any error discovered In these Tables.
DESCRIPTION.
For explanation of column headings, &c., see
on iirst page of tables.
notes
Cleveland, Columbus, Cincinnati d Ind.—Stock..
..
1st mortgage (C., C. & C. RR.) $25,000 a year
do
(Bel. & Ind.) exch. for new mort...
do
C., C., C. & I. sinking fund
Consol. M. for $7,500,000 (sink, fund 1 per ct.) ..
Cleveland & Mahoning Valley—Stock
1st mortgage, extended
New bonds
Niles & New Lisbon, 1st mortgage
471
138
202
390
390
80
1860
1864
1869
1874
....
....
225
199
199
....
....
1873
1876
1870
1870
1871
1875
....
Colorado Central—1st mortgage, convertible... —
Columbus d Hocking Valley—Stock
1st mortgage, sinking fund bonds
1st mortgage, Logan & Straitsville Branch
2d mortgage bonds
;
Columbus, Chicago d Indiana Central—Stock
1st M. (consol.) Columbus, Cliic. & Ind. Central..
do
Chic. & G’t East. (Chic, to Logansport)
do
Col. & Ind’polis Cent. (Col. to Ind’s & br.).
do
Union & Logansp’t (U’n City to Logansp’t)
do
Tol. Logansp’t & Burl. (Logan sp. to Ill line)
do
Col. <fc Ind. 1st & 2dpref.(Col. to U’n City)
do
Cinn. & Chic. Air Line(Richm’d to Logans.)
2d M. Col. & Ind’polis Cent. (Col. to Union City)..
do
Indiana Central (Indianapolis to Ohio line)
do
Chic. & G’t East, construe. (Chic, to Rich’d)
do
Columbus, Chicago & Ind. Central
do
do
Income conv. do
Income (Toledo, Logansport & Burlington)
1868
1870
76
1867
1870
1872
45
118
55
55
141
41
146
110
(for $1,500,000)
50
500 &c
500 &c
500 &c
1,000
1,000
500 &c
50
100 &c.
1,000
50
500 <fcc.
1,000
1,000
1868
1,000
....
1864
1865
....
....
....
.
1857
.
.
.
500 &c.
.
.
.
1871
1875
50
1,000
1873
50
100
100
100 &c.
100 &c.
100
1,000
44
7
1871
1,000
38
1866
1868
52
52
61^
ioo
■
110
—
1,000
1,000
1869
1875
38
.
1874
1,000
1,000
50
500 &c.
500 &c.
100 &c.
1,000
50
’60-’72 100 &c.
117
1869
1,000
142
50
142
50
1871
142
1856
1,000
142 * 1867
1,000
142
1869
1,000
61&64 500 &c.
41
1865
1,000
85
50
13
1859
85
1875
1,000
1875
27
195
50
115
1856 500 &c.
288
1877
1872
1,000
60 1 1859
100 &c.
25 1 1858
100 &c.
33
33
Danbury d Norwalk—Stock.
1st, 2d and 3d mortgages
Danville, TJrbana, BVton d Pekin—1st M., gold
Dayton d Michigan—Com. stock (3^ guar. C.H.&D.;
Preferred stock, (8 percent, guar. C. H. & D.)
1st mortgage, sinking fund, $30,000 per year....
2d mortgage
3d mortgage
Toledo depot (cost $353,940) 1st and 2d mortgage
Dayton d Wfistern—1st M., guar. L. M. & C. & X
.
Delaware Railroads-Stock
Extension mortgage
on roads and equipm’t (for $10,000,000)
Bonds (convertible June 1,1875 to ’77)......
Lackawanna &Bloomsb., 1st mort. (extension).,
do
2d mortgage
do
1,000
100
56
Connecticut River—Stock
Connecticut Valley—1st mortgage
Mortgage
1,000
1,000
....
1871
38
38
Massawippi st’k, guar, same div. as Conn. & Pass.
do
bonds, guar, by Conn. & PasR
Connecticut Central— 1st mortgage for $400,000...
Mortgage bonds, convertible, guar. P. W. & B
Delaware d Bound Brook—1st mortgage
Delaware, Lackawanna d Western—Stock
2d mortgage (Delaware, Lackawanna & Western)
500
1,000
1,000
....
Outstanding?
„
$100 $14,991,800
1873
.
Columbus d Xenia—Stock
1st mortgage
Concord—Stock
Concord d Portsmouth—Stock, guaranteed
Connecticut d Passumpsic—Stock
fund...
par
Value.
-
175,000
429,000
3,000,000
2,422,000
2,759,200
630,000
500,000
1,350,000
950,000
669,000
Rate pelr
When
Cent.
Pay’blt)
3
&
&
&
&
&
&
&
&
&
&
F.
J.
J.
M.
7 or 6 g J.
3^
M.
7 g. F.
7
M.
7
J.
7g. J.
7 g.
7
7
7
7
6
7
7
7
6
2,700.000
1,336,000
2,180,000
584,000
1,272,000
2,011,600
1,500,000
300,000
700,000
13,938,972
A. & 0.
821,000
7
10
7
7
7
7
7
7
2
7
Various
J. & J.
A. <fc O.
F. & A.
J. & J.
Various
M. & N.
J. & J.
J. & J.
1,786,200
302,000
1,500,000
350,000
2,175,500
1,272,000
123,000
400,000
400,000
262,500
2,100,000
1,000,000
996,000
803,500
594,000
1,777,850
161,000
109,500
81,800
558,000
600,000
500,000
5
3^
1
7
7
1
6 g.
7
4
7
6
6
6
2%
8
8
6
7 g.
1^
7
7 g.
2,000,000
2,395,330
1,286,100
1,870,000
426,000
356,000
105,500
614,000
1,430,216
100,000
650,000
1,500,000
26,200,000
1,633,000
1,495,000
600,000
370,900
209,000
1%
2
7
7
7
7
6 & 7
3
6
6
7
2^3
7
7
7
7
7
June, 1878. showed net
earnings for year $222,590,
against $244,340 in 1876 7. The new mortgage of
$1,500 000 mil retire previous issues. (V. 23,
547; V. 25, p.211,431; V. 26, p. 367.)
301,
Cleveland, Tuscarawas Valley <fc Wheeling.—This
a 2d mortgage, Jan. 27,1875, and
Connecticut Central. Net earnings, 1876-7, $12,390.
re-organized. Gross earnings, 1877, $491,463; net,
(V. 22, p. 209.)
$181,523. (V. 24, p. 563; V. 26, p.289.)
Connecticut River.—Nat earnings 1876-7, $201,931,
Colebrookdale.—Leased to Philadelphia & Read¬
against $217,780in 1875-6. (V.23,n.500; V.26,p.94.)
ing. No dividends paid on stock.
Connecticut \ alley. In default and surrendered
Colorado Central.—Built mainly by Union Pacific, to State Treasurer as trustee for bondholders.
which holds the bonds, $5,270,593 in all. (V. 23, p. Net earnings, 1876-7, $59,019. (V. 23, p. 40, 575,
183; Y. 26, p. 626.)
622; V. 25, p. 616 ; V. 26, p. 18,40.)
Golwnbus <fc. Hocking Valley.—Gross earnings,
Connecting.—Leased to Philadelphia & Trenton,
1847. *828,899; net, $357,755, against $386,834 in 1876. and operated by Pennsylvania; terms, 6 per cent on
(Y. 24, p. 395; V. 25, p. 90; V. 26. p. 390.)
$1,278,300 stoex, and interest on the bonds.
Cumberland >& Pennsylvania.—Owned and oper
Columbus, Chicago & Indiana Central.—On Jan.
22,1869, it was leased (amended Feb. 1. 1870,) by ated by Consolidation Coal Co., which guarantees
the Pittsburgh Cin. & St. Louis, .guaranteed by 2d mortgage. Stock $1,500,000. (V. 22. p. 415.)
.
Penn. Railroad.
The amended lease guaranteed
interest on $15,821,000 oi first and second bonds.
.
Cumberland
p.
Valley.—The stock is owned in large
part by Pennsylvania Railroad Co. Net earnings
Aug., ’74, default was made on the $5,000,000 seconds. 1877, $254,253. Large advances have been made to
April 1,1875, defaulted on 1st mort. The guarantee branch roads. (V. 24, d. 135; V. 26, p. 493.)
Dakotah Southern.—The earnings of the road are
of interest was absolute, bnt the Pennsylvania Railroad claims that the C. C. & I. C. Co. did not fulfil reported at $207,000 in 1877, and net earnings $100,all its part. Bondholders claim that no snch failure 000. Second mortg. bonds for $600,000 were can¬
N. Y., U. S. Trust Co.
do
do
do
do
do
do
New York or London.
Feb. 1, 187ft
June, ’75 to '84
Cleveland, Office.
N. Y., Ward, C. &Co.
N. Y., Union Trust Co.
N.Y., Winslow, L. & Co
do
do
do
do
do
do
do
do
do
do
Until 1899
-
May, 1899
Jane 1,1914
1877
Aug. 1, r 893
Sept., 1900
Jan.,' 1890
Jan. 1, 1900
Jan. 1, 1901
Jan. 1, 1900
Sept. 2, 1873
Jan., 1892
Nov. 1, 1900
Jan. 1, 1913
Cleveland, Ohio.
7
7
7
7
7
7
2,343,000
Dividend.
J. & J.
M. & N.
J. & J.
7
74,024
1,000,000
Stocks—Last
Whom.
Q.—M. N. Y., Farm. L. & T. Co
451,000
2,632,000
775,000
531,500
313,000
217,750
666,500
341,400
3,692,000
Payable and bj7
7
7
7
Cleveland, Columbus, Cincinnati & Indianap.-- after bonds had been sold with the guaranty could
in V. 2<j, p. 28
Net earnings 1877, prejudice their rights. The case waslar^ued before
$488,778, against $702 <*17 in 1876. (V. 24, p. 249 Justice Harlan of U. S. Circuit Court, Aug., 1878.
Interest on most of the old prior bonds has been
320; V. 25, p. 510; V. 26, p. 287.)
taken up. (V. 23, p. 40, 254, 547; V. 24, p. 157
Cleveland & Mahoning Valley.—Is leased to At¬
lantic & Great Western. (V. 20, p. 85, 139; V. 23, 420, 589; Y. 25, p. 62, 113, 495; V. 26, p. 168, 389,
522. 574; V. 27. p. 1<2, 199.)
p. 232, 403.)
Columbus d Toledo.—Graze earnings, ’77, first year
Cleveland, Mount Vernon & Delaware.—Defaulted of
operation, $330,882; net, $119,602. (V. 26, p.39<».)
July, 1874, and coupons due then and one-half of
Columbus & Xenia.—This road is leased to the Lit¬
coupons from Jan. 1, 1875, to and including July 1, tle
Miami Co., and both roads for 99 years to Pitts¬
1877, were postponed to Jan. 1,1885. and the remain¬
ing half to he paid, but this failed July, 1877, and burg Cinn. & St. Louis Co.; the lease is guaranteed
Pennsylvania Railroad, and the terms are 8 per
negotiations are penning. Gross earnings 1877, by
cent on stock and interest on bonds.
$388,896; expenses, $307,171; net, $81,724. Interest
Concord.—Net receipts in 1877-8, $340,453. (V.
charge, $121,982. (V. v2, p. 350; V. 24, p. 248.)
24, p. 541; Y. 26, p. 521.)
Cleveland & Pittsburgh.—Leased to Pennsylvania
Concord <fe Portsmouth—Leased to ConcordRR.
Railroad at 7 per cent on stock, besides expenses at $25,000 per year.
and interest, and transferred to Pennsylvania Co.
Connecticut <£ Passumpsic.—Annual report tc
road was sold under
J
N
D
N
A
S.
J.
J.
pal, When Due.
J. & D.
Phila., Co.’s Office.
J. & D. Boston, Treas.’s Office.
F. & A.
Columbus, Office.
A. & 0. N. Y., St. Nich. Nat. B’k
do
J. & J.
do
J. & J.
do
do
8 g.
4
10,428^000
A
D
Where
M. & S.
1%
11,243,736
1,104,844
Annual report
In 1877 there was a net deficit of $207,111 to lessee.
(V. 24, p. 63 ; V. 26, p. 67, 287.)
Bonds—Princi -
INTEREST OR DIVIDENDS.
Amount
3^847^000
Columbus, Springfield d Cincinnati—1st mort
Columbus d Toledo—1st mortgage, coupon, s. f
Connecting (Phila.)—1st mortgage
Cumberland d Pennsylvania—1st mortgage
2d taortgage, sinking fund, (guaranteed)
Cumberland Valley—Stock ($484,900 preferred)
1st mortgage
2d mortgage, sinking fund guaranteed
or
1,000
1,000
18
78
89
13
89
588
588
117
208
93
61
102
107
102
72
224
587
Size
1862
1867
101
Golebrookdale—1st'mortgage
Common bonds
Dakotah Southern—1st mortgage, coup., s.
Date
of
Bonds
67
67
35
145
Cleveland, Ml. Vernon d Del.—1st mortgage, gold....
1st mortgage, Columbus Extension
Income mortgage
Cleveland d Pittsburgh^—Guaranteed stock
4th mortgage (now 1st)
Consolidated sinking fund mort. for $5,000,000..
Construction and equipment bonds
Cleveland, Tuscarawas Valley d Wheeling—1st m...
New mortgage
Notes, coupon
Miles
of
Road
F.
F.
F.
M.
F.
&
&
&
<fc
&
A.
A.
A.
S.
A.
June 1, 1893
June 1,
1890
Aug., 1878*
Oct. 1, 1897
July 1, 1880
Jan. 1, 1892
April, 1908
1893 to’95
Nov., 1904
N. Y., A. Iselin & Co.
do
do
do
do
do
do
do
do
do
do
do
do
Dec., 1905
Feb., 1884
Dee., 1883
-
1886 to ’90
Nov., 1904
Jan., 1882
Feb., 1890
N. Y., A. Iselin & Co.
N. Y., Union Trust Co.
Sept. 1, 1901
New York.
Aug. 1, 1905
Columbus Treasury.
Sept. 10,1878
Q.—M.
M.& S. N. Y., Am. Exch. N. B’k Sept. 1,1890
M. <fe N. Boston, Tower, G. & Co.
May 1. 187ft
J. <fc J.
Boston.
July 1, 187ft
F. & A,
Boston Office.
Aug. 1, 1878
A. & O.
do
April 1, 1893
Various
do
Jan. 1,1881
F. & A.
do
Aug. 1, 187ft
J. & J.
do
July 1, 1889
A. & O.
Oct., 1895
J. & J. Boston, Bost.& Alb.RR. July 1, 1878
J. & J. N. Y., Am. Exch. N. Bk. Jan. 1, 1901
M. & S.
1900-’l-’2-’3-M
Philadelphia.
M. & S. New York, Co.’s Office. March 1,1894
M. & N.
do
do
May 1, 1888
Q.-J. Phila. and Carlisle, Pa. July 1, 1878
A. & O. Phila., T. A. Biddle & Co April 1, 1904
A. & O.
do
do
April 1, 1908
A. & O.
do
Jan. 1, 1884
do
F. & A.
New York.
Feb. 1,1894
Q.—M. New York and Danbury June, 1878
J. & J. New York, 84Broadw’y 1880, ’90. *92
A. & O. N. Y., Farm. L. & T. Co.
April, 1909
A. & 0. Cincinnati. C. H.&D.Co.
April, 187ft
.
N. Y., Winslow, 1*. & Co.
July, 1878
J.
do
do
July, 1881
M.
do
do
S.
Sept., 1887
A..
do
do
O.
Oct., 1888
M.
do
do
8.
Mar., ’81 & *94
J.
J. S. Y., Am. Exch. N. B’k Jan. 1, 1905
I.
J.
Dover, Co.’s Office.
July 2, 1878
J. 1Phila.,Girard Nat. Bank Jan. 1, 1880I.
I.
J. 1Phil., Fid’lity I.T.&.S.Co July 1, 1895
F.
A.
Philadelphia.
August, 1905
New York Office.
July 20,187ft
Q.—J.
M. & S.
do
do
March 1,1881
do
do
M. & S.
Sept. 1, 1907
r. & D.
do
do
June, 1892
M. & S.
do
do
March, 1885
A. & 0.
do
do
April 15,1880
Q.-J.
J.
<fc
&
&
&
&
&
&
&
&
celled and pref. stock issued. S fund
1879 and 5 p. c. afterwards. (V. 25, p.
p.
is 4 p. c. in
609; V. 26,.
334.)
Danbury & Norwalk.- -Gross earnings, 1876-77,
$165,245; expenses,
$114,969;
net
earning^
$50,275.
(V. 2ri.p. j41.)
3*
Danville. TJrbana, B oomington <t Pekin.
a
- This i»
part of the Indianapolis Bloomington & Western,
now
in defaul t.
See I. B. & W.
Dayton & Michigan.—Leased in perpetuity to Cis.
Ham. & Dayton, which pays interest on bonds, and
guarantees
dividends on 6tock, holding itself
$1,398,100 of the common. (Y. 21, p. 62.)
Dayton cfe Western. Leased to Little Miami, and
with that to Pittsb. Cin. & St. L. About $90,000 of
old ext. mortg. bonds of 1881, are yet out, which
will be retired shortly.
Delaware.—Leased by Phila. Wilmington & Balti¬
for 6 per cent on stock and bonds, but if 30
more
per cent
of gross earnings does not pay that, the
balance is charged
p. c. was
$125,941.
annually to Del. RR.
(V. 26, p. I 41.)
In 1877,80
Delaware <fc Bound Brook.—Part of the new route
between N. Y. and Phila. Gro-s earnings 1877,
$238,466; net, $67,044.
Floating debt, $259,033.
(V. 22, p. 209, 257; V. 26, p. 342.)
Delaware Lackawanna & Western. —Operations
consist largely of coal mining and transportation.
No annual report is made, except that required to
the State authorities of Penn. For 1877 the Income
account is given thus:
Net earnings from . Transportation
$4,401,853
Less loss in Coal
Department, &c.
Balance of earnings.
Interest on bonds.
Rentals for 1877
.
1,922.660
$2.47^,19/
$201,957
8,185,262—3.887,219
Loss for year 1877
$908,021
The mortgage authorized for $10,000,000 is to
take np prior bonds with $2,820,000, and the
balance for cash resources. The Morris & Essex
Railroad is leased and some of its bonds guar¬
anteed. (V. 24, p. 181, 605; V. 25, p. 457; V. 26, p.
191.)
XX
KAILROAD STOCKS AND BONDS.
Subscribers will confer
a
great favor by giving Immediate notice of any error
discovered in these Tables*
DESCRIPTION.
Miles Date Size, or
For explanation of column
of
headings, &c., see note8
of
Par
at the head of first
Road. Bonds Value.
page of tables.
Denver db Boulder
Valley—Mortgage bonds, coup..
Denver Pacific— 1st
mortgage, gold, land grant..
Denver db Rio (Jrande—1st
mort., gold, sink, fd
Arkansas Valley, 1st mortgage
Dts Moines db Foi't
Dodge—1st mortgage, coupon
Detroit,
Lansing db North.—1st mortgage
Ionia & Lansing, 1st
mort., coup., may be reg—
do
2d mortgage
do
do
Detroit db
Milwaukee—1st mortgage bonds
262
42
88
182
59
59
187C
1870
1874
1877
1869
1870
1855
1856
(conditional)
$1,400,000)
Eastern (Mass.)—Stock
Essex RR.lst mort. (extended for 20
years)
Old loans exchangeable (int. ceased
1864
1863
36
36
270
242
112
130
39
39
47
75
75
75
100
Bonds, coupons ($4,000,000 authorized)
mort., land grant, 3d series
Flint & Holly RR. (sink’g fund
$25,000
100
500
500 &c.
500
1863
1870
1870
1,000
1,000
1,000
1,000
1,000
1870
1873
1
50
100 &c.
100
....
1858
....
1870
50-’56
1856
‘*56
58
49
51
109
23
55
55
per year).
Construction bonds
do
do
Extension 1 st mortgage
Fonda. Johnstown db Gloversville—1st
Fort Wayne, Jackson db Saginaw—1st mortgage
mort., coup...
2d mort. and equipment bonds,
coupon
Denver & Boulder Valley.— This road is leased to
the Denver Pacific.
Denver Fa:ific.—Land grant,
1,100,000 acres. In
1876 gross earnings were $331,145; net
earnings,
$165,537. Receiver appointed ApriL, 18T8. (V25,
p. 62,476; V. 26, p. 342,408, 414, 549; V. 27,
p. 253, 274.)
Denver db Rio
Grande.—Narrow-guage
road (three
feet). The whole
line as projected is 875 miles.
Building in competition with Atchison Topeka &
Santa Fe. Defaulted on
coupons May, 1877.
c
(Y. 24,
Des Moines & Fort
Dodge.—Tfrs is
Des Moines Valley, reorganized after part of the
incomes.
(V. 21, p. 488.)
foreclosure.
Coupons of
10
100
100
500
50
100 &c.
100 &c
.
pref. stock.
Net earnings 1877, $282,946.
(V. 23, p. 599; V. 26,
p. 288.)
Detroit <fe Milwaukee.—This road was
operated by
the Great Western of
Canada, but defaulted in 1873,
and is now in process of foreclosure
and to be re-or-
f;anized;
seebeen
V. 26,paid.
p. 232.
The gross
Detroit
& Pontiac
nterest has
In 1877
earnings
were
$925,122; net. $134,303.
vV. 25, p. 334, 331; V. 26,
117, 232, 9 4 2 367, 391, H9, 574, 599; V.
27, p. 15,
40, 67, 172, 251.)
Dubuque & Sioux City.—Leased to Illinois Cen¬
tral, in 1867, for 20 years, at 35 per cent of
gross earn¬
,
1,998,400
291,700
92,300
2,193,000
745,000
1,000,000
2,000,000
814,000
281,000
611,000
125,500
....
1,000
....
500 &c.
1,000
1,000
500 &c.
1873
1,000
775,000
1,000
325,000
5,000,000
500,000
3,298,200
3,242,000
2,058,000
386,500
100,000
75,000
47,405
1,000,000
800,000
400,000
1,000,000
200,000
300,000
1,500,000
500,000
100
1,000
100
1872
1868
1868
1867
1871
1869
1870
1872
1873
1870
1869
1871
East Bread
1,000
500 <fec.
500 &c.
500
....
1,000
500 (fee.
1,000
500 &c.
500 &c.
100 &c.
1,000
.
.
-
•
Pennsylvania.— Leased
Reading.
Dividends
are
to
a
Baltimore, N. Cent.
2*3
3*2
7
5
1%
7
7
7
7
6
6 g.
6 & 7
7
7
7
7 g.
7 g.
3^
7
8
8
10
10
10
8
8
7
7
7
7
7
8
8
capacity of
foreclosure.
Elmiri Jeff. &
since
Philadelphia &
but
now
December, 1869.
oper¬
Bill
(V. 22, p. 297; V. 27, p. £5.)
Canandaigua— Originally leased
to the New York & Erie
Dubuque Southivestem—Farley to Cedar Rapids, la.
earnings, 1877, $105,312; expenses, $97,215.
p. 264, 459.)
Dunkirk Allegh. Valley
Pittsburg.—A consoli¬
dation, Dec. 1, 1872. Road leased and bonds
mostly
held by New York Central &
Hudson, which pays
interest as rental.
Railroad
Co. and operated
by it until May 1, 1866, when the lease was trans¬
ferred to the Northern Central
Railway Co., by
which it has since been operated.
Elmira & Williamsport.—Leased in 1863 to
North¬
ern Central for 999
years. Rent amounts to $165,000
per year.
Erie <fe
Pittsburg.—Leased
Pennsylvania Railroad
M. & N.
J. & J.
J. & J.
A. & O.
Q.-M.
J.
A.
J.
A.
J.
M.
A.
J.
M.
F.
M.
J.
J.
A.
&
&
&
&
&
& 0.
M.
M.
M.
J.
M.
J.
J.
M.
M.
M.
M.
J.
J.
A.
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
J.
O.
J.
O.
J.
.S
O.
J.
N.
A.
N.
J.
J.
Boston and London.
do
in perpetuity to the
and transferred to Penn.
Co.;
the terms guarantee 7
per cent per annum on stock
and debt. Net
earnings, 1876, $190,892. (V. 20, p.
Sept., 1906
1, 1880
B’k.
Jan.
do
RR.
Phila., Penn. R. R. Co.
do
do
Phila., Penn. Trust Co.
Phila., Penn. R. R. Co.
N. Y., Union Trust Co.
do
do
do
do
do
do
do
do
Boston.
New York and Boston.
Boston, Second N. Bauk
N.Y.,Farm. L'amfe T.Co.
do
do
do
do
N.Y.,Farm.L’an & T.Co.
do
do
Boston Office.
do
N. N.Y., Merch’nts’Ex.B’k.
S. N. Y., Median. Nat. B’k.
N..
do
do
J. Newark, N. J., Sav. Ins.
S.
New York.
J.
do
J. N. Y., Meek., Nat. Bank.
N. N.Y., Chatham Nat. Bk.
N.
do
do
S.
do
do
N.
do
do
J. N. Y., St. Nick. Nat. B’k.
J. N. Y., Farm’s. L.&T. Co.
0.
do
do
Apl. 1. 1886
Sept., 1878
May, 1878
July, 1878
Jan. 1, 1880
Oct. 1, 2862
Sept. 10, 1878
July 1, 1882
April 1, 1890
July 1, 1898
Oct. 1, 1890
Jan. 1,
Mar. 1,
1889
1899
April 1, 1899
'
Jan. 1, 1887
Nov. 1, 1'887
Aug. 1, 1880
May 1, 1900
Jan.
1, 1903
July 1, 1878
April 1, 1894
May, 1902
Sept. 1, 1888
May 1, 1888
July 1, 1882
Sept. 1, 1887
Jan. 1, 1876
Jan. 1, 1901
May 1, 1889
Mar. 1, 1902
May 1, 1903
July 1, 1900
July 1, 1889
Oct., 1891
Europcan & North American.
Defaulted in
1S.75. Sterling mort. on New Brunswick
Division
forec’osed August, 1878. (V.
24, p. 468; V. 25, p.
—
113; V. 26,
gross
Gross
„
6 per cent per annum.
Shore.—Formerly leased,
Sept. 15,1896
Sept.
(Mass.).—Company embarrassed
own account
July 15,1873
5
1875.
A general mortgage
was made to fund the old issues
of debt, bearing 3J4
per cent for three years, 4 per
cent for three years, and 6 for balance of
term. In
1876-77 net earnings were
$799,317, against $683,594
in 1S75-6. The Eastern in N.
H., a separate cor¬
poration. is leased; see V. 25, p. 40. (V.
25, p. 590,
618; V. 26, p. 548; V. 27, p. 15, 251.)
Eastern
Boston.
do
f
Phila., Girard Nat.
East Tennessee Virginia &
Georgia. — Leases
Memphis & Charleston Railroad for its own account
aud risk, paying over net
earnings. Gross earn¬
ings year ending June 30, 1877, were $1,010,079; ex¬
penses, $668,923, and net earnings, $341,156. See
annual report in V. 25,
p. 406. (V. 23, p. 402; V.
25, p. 40#.)
ated on
filed for
S.
0
a coal read, carrying
On line of road areRockhill Iron
Company’s furnaces (2), with
20,000 tons pig iron annually.
Stocks—Last
Dividend.
Whom.
M. & S.
J. & J.
A. & O.
Top. —Mainly
& Coal
East
M. &
6
570,000
1,000
1869
1869
1869
1852
1854
1860
1870
bituminous coal.
Eastern
Detroit Lansing & North.—The old
road was
sold in foreclosure December
14, 1876, and new
company organized by bondholders, who issued
#1,874,600 common ftork and $2,5U4,00U
ings first ten years, and 36 afterwards. In 1876
earnings were $978,279.
1,000
Payable, and by
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
J. & J.
3Jsg-
400,000
200,000
500,000
500,000
500,000
1,000,000
50
....
1860
1863
..
65
58
12,522,338
50
....
Holly, Wayne <fc Monroe, 1st mort., sinking fund.
Flushing, Northshore db Cent.—1st mort. (FI. &N. S.).
2d mortgage (FI. & N. S.)
Central of L. I., 1st
mortgage
£99; V. 27, p. 67, 227.)
....
....
283
190
17
13
4
3
6
194.400
100 &c.
100 &c.
100
....
.
g.
g.
g.
g.
760,038
1876
1860
1866
.
M.
M.
M.
M.
J.
J.
J.
M.
M.
M.
J.
M.
J.
pal, When Due.
N. N.Y., Lond. & Frankft.
Nov. 1,1900
N. N. Y., Bk. of Commerce. May
1, 1899
N. N. Y., Rutten & Bonn.
Nov. 1, 1900
N.
do
do
Nov. 1, 1900
J.
New York.
Jan. 1, 1904
J.
Boston, Co.’s office.
Jan. 1, 1907
J.
do
do
Julyl, 1889
N.
'
do
do
May 1, 1880
N. N.Y.,M.K.Jesup,P.& Co. May
15, 1875
N.
do
do
May 15, 1875
J.
do
do
May 15, 1875
N.
do
do
May 15, 1875
7
J.
New York & Detroit.
July 1, 1886
N.
S- M.
New York & London.
Nov. 15, 1873
M.
N. N.Y.,M.K.
Jesup,P.& Co. Nov. 15,1873
A.
O.
do °
do
April 1, 1878
F.
A.
do
do
Feb. 15,1883
J.
J.
do
do
Jan. 1, 1878
M.
S.
do
do
Sept., 1 1886
Various
Detroit office.'
Various.
A. & 0. N. Y.,M.K. J
2^
esup,P.& Co. Oct. 15,1878
7
J. & J.
do
do
1883
7
J. & J.
do
do
1894
7
J. & J.
N.Y.,M.K.Jesup,P.&Co.
July, 1883
7
A. & O.
do
do
Oct., 1883
7 g- J. & D. N.Y., N.Y. Cent.
& Hud.
June, 1890
7
A. & O.
do
do
Oct. 1, 1890
7
A. & O.
do
do
Oct. 1. 1890
7
J. & J. Pliiladelp
a, Co.’s Office. Julv 1, 1903
3
J. & J. Phila., by P. & R. RR.
July 16, 1878
7
M. & 8.
Phila., P. <fe R. office.
Mar. 1, 1888
3
A. & O. N. Y., R. T. Wilson & Co.
April 1, 1876
7
J. & J. N. Y., Gallatin Nat’l B’k
July 1, 1900
6
J. & J. N. Y., R. T. Wilson & Co.
1880 to 1886
6
M. & N.
do
do
May 1, 1886
495,900
1,968,274
3,019,000
862,400
147,000
190,000
4,997,600
100
.
7
7
7
7
6
7
8
8
7
8
7
7
6 &
6
7
7
8
7
7
10
81,500
450,000
2,000,000
1,000,000
200,000
500,000
....
Bonds—Princi¬
INTEREST OR DIVIDENDS.
Rate per When Where
Cent.
Payable
1,309,200
1,000
1,000
1,000
283
Bay City, E. Saginaw, 1st mort., guar by lessees.
Bay County, issued in aid, guar by lessees
100,000
110,000
103,266
5,000,000
296,000
586,000
Various
1874
Consolidated mortgage, sinking fund
1st
(V. 26,
1,702,519
150,866
51,000
150,000
250,000
1,000
1,000
1,000
....
189
Flint db Pere Marquette—Stock
p.
500 &c.
100 &c.
500 &c.
1,000
81^ 1862
81ia 1865
81ia 1868
mortgage, gold
Fitchburg—Stock
are
1,000,000
628,525
377,115
Various
Various
1856
Canandaigua.—Stock
Or the bonds, $1,100,000
Jnn., 1877, were funded.
250 &c.
500 &c.
282
Elmira db Williamsport—Stock common
Preferred stock
1st mortgage bonds
Income bonds, 999 years to run
Erie db Pittsburg—Stock
1st mortgage, convertible into consolid.
mort
2d mortgage, convertible
Consolidated mortgage free of State tax
Equipment bonds
Europ'n db N.A m.—1st M., Bang’r to
Winn.,Bang’r l’u
Land grant 1st mort. (2d mort.
Bangor to Winn.).
Bangor & Piscataquis, Bangor loan, 1st mortg...
Evansv. db Terre Haute.—1st
m., Ev. & Ill., s. f
1st mort., sinking fund (Evansville to
Terre H,)..
Rockville extension
Evanville, Terre Haute db Chic— 1st mort., gold
p.
1,000
1,000
•
43
55
55
90
90
90
30
mortgage, convertible
444; V. 26,
500 &c.
Sept.,’76)
Mortgage funding certificates
p.
•
1863
Eastern Shore, (Md.)—1st
mortgage, convertible
2d
.
1,000
1,000
....
10(X
mortgage, Oct. 1, 1863
Dunkirk, Allegh. Valley db Pittsburg—1st mort., gold
2d mortgage
3d mortgage
East Broad Top.—1st
mortgage, registered
East Pennsylvania—Stock
1st mortgage
Vast Tennessee, Virginia db Georgia—Stock
1st mortgage sinking fund bonds
East Tenn. & Georgia ($92,000 are
endorsed)
East Tennessee ana Virginia
(endorsed)
2d mortgage to U. S. Government
•
$550,000
2,416,000
5,400,000
1,040,000
2,200,000
1,897,000
770,000
81,000
2,500,000
500 (fee.
'
•
Outstanding
1,000
1866
143
Amount
$1,000
1851
1854
1853
Dubuque Southwestern—1st mort., pref., sink, fd
1st
2d
1870
1869
1860
1863
1866
1853
1853
Otta. RR.) Oct. 1, 1853, gold
Dollar (Oak. & Otta, RR.)
bonds, Oct, 1, 1853
1st mort. (Detroit <fc Pontiac
RR.), April 1,1851.
3d mortgage (Detroit & Pontiac
RR.), Feb. 1854.
2d mortgage, (Detroit & Pontiac
RR.), Jan. 1853.
Bonds of Sept. 1, 1866, (Limit
$300,000)
Bonds & mortgage on Detroit real estate
Dubuque db Sioux Ciiy—Stock
1st mortgage, 1st division
1st mortgage, 2d division (for
Elmira Jeff. db
22
106
189
2d mortgage, April 28, 1856
1st funded
coupons, Nov. 15, 1860
2d funded coupons,
Nov. 13, 1863
Bonds of June 30, 1866
Sterling (Oak, &
[Vol. XXVII.
p. 18,
142, 418; V. 27, p. 148, 251.)
Evansville & Terre Haute.—This was the Evans¬
ville & CrawfoTdsville.
Common stock is $1.020,307: preferred, $100,000.
Net
1877,
$145,711. The company paid 2)^ per earnings
cent dividend
June, 1878. (V. 23, p. 4 99; V. 25, p. 456.)
Evansville, Ttrre Haute db Chicago.—Gross earn¬
ings, 1876 7, $203,371; net, $70,923. (V. 21, p. 136.)
Fitchburg—Lewies Vt.& Mass.
Net income, 1876-7,
$286,753. Notes outstand¬
$8o3,000. (V. 26, p. 94, 117,
above rental and interest.
ing Sept. 30, 1877,
391, 548.)
were
Flint & Pere Marquette.—Crose
earnings 1877,
net earnings, $416,679, against $366,074 in
1876. The lands are in five trusts; sales in
1877, 8,508
acres, for $95,984; total i.et sales to Jan.
1, 1878*,
275,722 acres, for $2,277,436; lands yet unsold,
235,779 acres.
Coupors on consol, bonds pissed
Nov., 1875, and part were funded. (V. 24, p.
297;
V. 26, p. 417, 548.)
$997,965;
Flushing, Northshoi'e & Central.—Now leased to
L. I. RR. There are, in addition to
above, $125,000
N. Y. & Flushing RR. 7s; $149,000 North
Shore 7s;
and $93,000 Whitestone &
Westchester 7s.
Com¬
pany embarrassed, Sept,, 1877.
(V. 25, p. 334, 432;
V.i6, p.469.)
.
Fonda, Johnstown & Gloversville.—Net earnings
1875-5, $36,161.
Fort Wayvje, Jackson & Saginaw.—Traffic
guaran¬
tee 40 per Csnt from Mich. Cent. Interest
1877 of $65,000, coupon due
was
paid in
Jan., 1877, on 1st mort.,
and $5,000 ae tbitd payment of
$10 on 2d mort
coupon of Oct.. 1675.
Gross earnings, 1877,
$254,324; net, $109,669. (V. 26, p. 264.)
September 28,
RAILROAD STOCKS
1878.]
Subscribers will confer
a
DESCRIPTION.
Miles
notes
Fort
2d
Wayne, Mancie <£ Cincinnati—1st mort.,gold...
mortgage
Framingham <& Lowell—1st mortgage bonds.
Oaiveston, Harrisb.J S. Antonio—1st mort, gold, l.gr.
Galveston, Houston <£ Hend. of 1871—1st mort
Geneva, Ithaca <& Sayre—1st mort., 8. f., gold.......
Georgia Railroad <£• Banking Co.—Stock
Bonds, not mortgage
.
do
do
on
1871
1871
1873
1872
65
1870
1869
232
....
....
....
do
Debentures
New bonds, coupon
Short bonds exchanged for bonds due 76, ’77, ’78.
Greenville tC Columbia— 1st mort.,guar.by State
Bonds not guaranteed
.
..
mortgage (for $2,500,000)
Hannibal <k St. Jostphr-Common stock
Preferred stock (7 p. c. yearly, not cumulative)...
Missouri State loan
Bonds 1870, convertible
1,000
1,000
1,000
1873
£25
£100
....
....
....
....
....
.
....
....
....
....
.
495%
350
350
145
’58-’78
1871-2
1877
....
....
143
296
1876
Redemption, 1st and 2d series
Sterling bonds, (sinking fund £20,000 yearly)....
Mortgage, sterling
($2,000,000) M.
Cli.<fc Sp.RR.
Indianapolis, Bloomington dt West.—1st mort., gold.
on
2d
mortgago
Ind., Bloom., & W., Extension, 1st mort., gold....
Indiari’polis Dec. & Spr.—1st M., gld (for $1,800,000)
2d mort., (income bonds only till July, 1881)
Indianapolis, Cincinnati <£ Lafayette—Stock
Preferred stock (issued for funded debt bonds)...
Indianapolis & Cincinnati of 1858.
Indianapolis, Cincinnati & Lafayette
do
1867
....
184
184
90
151
179
do
Funded interest bonds, coupon
....
Equipment bonds, registered
Cin. & Ind., 1st mortgage
do 2d M., guar. ($1,000,000 due ’77 ext. to ’92)
...
20
20
’
....
£20*2
£100
....
£100
m
m
m
m
....
Various
....
1,000
....
50
1853
1876
1876
•
•
•
V
....
1869
58
112
202
202
217
85
.
....
58
....
.
....
1854
....
.
•
1,000
58
....
Mortgage bonds, sterling
•
1853-7
1870
1878
118
47
461
707
•
100
100
1873
1866
1870
1873
1872
....
Illinois Central—Stock
.
....
343
Income and indemnity bends
Huntingdon & Broad Top—1st mort., gold
2d mortgage, gold
3d mortgage ,consolidated
Scrip for past due coupons.
.
143
....
Texas Cent.—1st M., (main) gold, l.gr.,s.f.
mort., West div. (Hempstead to Austin)
1st M., gold.Waco & N’west (Bremond to Waco)
Consol, mort., 1. gr. (coupon, but may be reg’d)...
.
....
....
....
....
1st
do
1869
1869
1875
•
96
120
120
74
Houston
I. C. bonds, coup.
1,000
....
26*s
Equipment bonds of 1873
100 &c.
100
500
....
15
53
54
54
Housatonic—Stock
Preferred stock
.1st mortgage
2d mort. bonds of 1869
....
1,000
1,000
....
....
Harlf., Prov. <6 Fishkill—1st m. (R. I.) (renewed)...
1st mort. (Conn.) (renewed)
$1,000
1,000
....
....
1st mortgage
Par
Value.
1875
....
Bonds, secured by $2,500,000 I’d notes
1st mortgage (Quincy & Palmyra RR)
1st mortgage (Kansas City & Cam. RR.)
Harrisb., Tortsm'th, Mt. Joy <t Lane.—Stock
Size, or
1877
all rolling stock
do^
Postal bonds, &c., secured by gov’t business
1st pref. bonds, conv. into 1st pref. stock
2d
do
do
2d
do
3d
do
conv.
Great Western (Canada)—Common stock
Preferred 5 per cent, convertible into common...
New
Date
109
109
26
215
50
....
2d
1
of
of
Road. Bonds
Grand
332
Rapids & Indiana—Stock
1st mort., land grant, gold (guar, by Pa. RR)
332
1st mort., gold, ($2,469,000 are land grant)
332
Income mortgage bonds, for $10,000,000
332
Grand Trunk (Canada)—Consolidated stock
1,390
New stock for £10,000,000
Debenture stock for £8,000,000 (act of 1874)....
Canadian debentures
Equipment mort., 1st
xxi
great favor by giving Immediate notice of any error discovered In these
For explanation of column
headings, &c., see
at the head of llrst page of tables.
do
AND BOND:
....
500&C.
m
m
^
^
100
100
....
....
.
1,000
1,000
1,000
1,000
Outstanding
$1,800,000
500,000
500,000
4,200,000
1,493,000
600,000
4,200,000
522,500
399,000
2,800,000
4,000,000
3,549,000
516,000
£3,486,787
2,560,000
3,111,500
500,000
500,000
1,200,000
3,218,149
2,327,808
7,166,910
£6,037,991
505,753
2,165,830
1,000.000
500,000
1,413,071
632,237
9,168,700
5,083,024
3,000,000
4,000,000
500,000
500,000
1,200,000
1,182,550
700,000
481,000
1,574,000
820,000
1,180,000
100,000
300,000
150,000
6,227,000
2,305,000
940,000
3,292,000
1,359,500
416^000
1857
1865
1,000
1,383,000
®
®
®
....
ioo
1864
500 &c.
1875
£200
£200
£200
1874
1875
1877
1869
1870
1872
1876
1876
1875
1858
1867
1869
1873
1873
1862
1867
1,000
1,000
1,000
1,000
1,000
1,000
367,500
97,907
29,000,000
2,500,000
2,500,000
4,598,000
1,000,000
1,600,000
3,000,000
1,500,000
5,500,000
38,000
2,667,000
50
100
500 &c.
5,587,150
1,419,400
1,000
1,000
2,800,000
1,767,000
446,300
353,000
500,000
150 &c.
500 &c.
1,000
1,000
Rate per
Cent.
7 g.
8
When
Payable
Where Payable, and by
7
6 ff.
7 g.
7 g.
3
7
6
A.
A.
A.
F.
J.
J.
J.
J.
J.
7 g.
7 g.
7
J. & J. N.
A. & O.
M. & ,S.
&
&
&
&
&
&
&
&
&
pal, When Due.
0.
Whom.
Stocks—Last
Dividend.
Boston, Office.
Oct., 1889
O.
do
April, 1896
O.
Boston.
April 1, 1891
A.
Bost. & London.
1910
J. N. Y., F. P. James & Co. July 1, 1902
J. N. Y., Metrop. Nat. B’k. July 1, 1890
J. Augusta,Ga., RR. Bank. July 15, 1878
do
J.
do
yearly to 1890
do
J.
do
July 1, 1897
Y., Winslow, L. & Co.
do
do
1899
1899
1906
do
do
-
7,500;000
500
500
o
Bond#—Princi¬
INTEREST OR DIVIDENDS.
Amount
Tables.
i;eoo;ooo
1,497,000
6 g
6 g.
Various.
5 g
5 g
4 g.
5-16
2*2
5
6
7
7
A.
J.
F.
J.
J.
J.
A.
A.
J.
J.
&
&
&
&
&
&
&
&
&
0. London, at Co.’s Office.
J.
do
do
A.
do
do
J.
do
do
J.
do
do
J.
do
do
0.
London & Montreal.
0.
do
do
J. London Joint Stock B’k.
& D.
do
do
do
do
Columbia, Co.’s Office.
do
7
6
J.
M.
J.
F.
J.
J.
J.
J.
J.
8
7
8
10
3*2
6
7
7
Irredeemable.
Irredeemable.
Irredeemable.
April, 1878
April, 1878 :
<
Perpetual.
Deo., 1890
Oct., 1880-82
1881 to 1386
do
J. N. Y., B’k. No. America.
do
S.
do
J. N. Y., Farm. L. & T. Co.
A. N. Y., B’k. No. America.
J.
do
do
J.
Pliila., Co.’s Office.
do
do
J.
J. Hartford, Am. Nat. B’k.
do
J.
do
&
<fc
<fc
&
&
&
&
&
&
April, 1877
Jan., 1920
Perpetual.
Aug., 1870
1884-1887
Mar., 1885
Jan. 1,1888
Jan., 189£.
Jan., 188TT
July 1, 1878
July 1, 1883
1, 1880
1, 1880
Jan.
Jan.
a
2
7
6
7
7
7
7
8
7
7
7
7
6 &
3
6
6
5
5
6
7
8
7
7
7
Q.—J.
F. & A.
Bridgeport & Boston.
July 15,1878
1885
Bridgeport and Boston.
do
3. &
J. &
J. &
A. &
g.
g.
g.
do
1889
1883
J. N. Y., Nat’l. City Bank.
do
do
J.
do
do
J.
O. N. Y., J. J. Cisco & Son.
July 1, 1891
July 1, 1891
July 1, 1903
Oct. 1, 1912
"
A. & O.
F. & A.
A. & 0.
g.
g.
Philadelphia, Office.
do
7
F.
A.
A.
A.
J.
J.
A.
J.
J.
A.
J.
g.
gg-
g.
g.
g.
7
7
7 ‘
7
10
7
7
do
do
do
do
April 1, 1895
N. Y., Co.’s Office.
N. Y., Co.’s Office.
0. N.
A.
D.
S.
S.
D.
1, 1890
1, 1895
Feb.
& A.
& 0.
O.
London.
& O. London,Morton R.& Co.
& D.
do
do'
& J.
N. Y., Co.’s Office.
& O.
New York.
<fc J.
do
& J.
do
& O. New York, Co.’s Office.
& J.
do
do
A. &
F. &
' J. &
M. &
M. &
J. &
Oct.
do
Sept. 2, 1878
April 1, 1890
April 1, 1895
April 1, 1903
Dec.
Jan.
1, 1898
Oct., 1909
Oct., 1890 '
1912
Jan.
1, 1906
July 1, 1906.
Y., Amer. Ex. Bank.
do
do
do
do
do
1, 1905
do
do
do
do
do
April, 1888
Feb., 1897
June, 1899
Sept. ’78,’80,’83
Sept. 1, 1883
Dec., 1892
|J. & J. New York and Boston. Jan.’82, ’87,’92
I
Fort Wayne, Muncie
& Cincinnati.—Receive*
appointed November, 1874. (V. 23, p. 396.)
Framingham & Lowed. -Leased to Boston, Clin¬
ton & Fitchburg; has also $250,000
due in 1882-3. (V. 26, p. 166.)
8
per cent
notes
Galveston, Harrisburg & San Antonio. — Gross
earnings 1877, $1,052,568; expenses, $360,204; net
earning?, $692,363. A sinking fund of 1 per cent
begins in I860. The company has 16 sections of
land per
mile.
(Y.26,
p.
366.)
Galveston, Houston & Henderson.—met earnings
1877, $178,680. (V. 24, p. 135, 181.)
Geneva, Ithaca & Sayre.—Sold Sept. 2, 1876, and
re-organized, this mort. being the old I. & A mort.
{See V. 23, p. 256, 304, 451; V. 24, p. 110.)
Georgia Railroad & Banking Company — The an¬
nual report for the last fiscal year, ending April 1,
1878, was published in V. 26, p. 468. A comparative
statement for three years was as follows;
1875-6.
Tot. gr.
earng’s... $1,194,324
1876-7.
1817-8.
$1,143,128 $1,013,712
Operat’g expenses.
611,677
643,110
727,100
Net earnings
500,017
552,646
266,012
In May, 1875, this company, with the Central Georgia,
purchased at foreclosure sale the Western Railroad
of Alabama. (V. 24, p. 466, 468, 495; V. 25, p. 90;
Y. 26, p. 468.)
Grand Trunk (Canada).—The above figures repre¬
sent
pounds ster;ing.
Net earnings in~ half year
ending Jan. 1,1878, £239,441. Interest, rentals, &c.,
£190,190. (V. 24, p. 396, 467; V. 25, p. 450, 5 lO,
618; V. 26, p. 265, 443; V. 27, p. 95, 148.)
Great Western (Canada).—The above figures are
given in pounds sterling. Company operates several
roads in Canada, amounting to 3 3 miles, and the
Det. & Milw., 189 miles. For the half year ending
Jan. 31, 1878, the gross receipts were £467,237;
working expenses, £317,604; net earnings, £149,633.
(V. 25, p. 113, 186, 617; V. 26, p. 265, 443, 574; V.
27, p. 94.)
Greenville & Columbia.—This company defaulted
but compromised with its bondholders. Net earn¬
ings 1877, $180,614. (V. 22, p. 110; V. 26, p. 547;
V. 27, p. 227.)
Hannibal & St. Joseph.— The company has about
$2,500,000 in land notes, and about 100,000 acres yet
unsold. In 1877 gross earnings were $1,931,365; net,
$795,478.
Interest chtrge, $660,000.
The bonds
secured on land notes have a sinking fund of $2.%OOo
eryear. (V. 25, p. 162, 186, 237, 381. 407, 432, 592;
26, p. 242, 390, 625; V. 27, p. 279.)
$
‘
Harrisburg Portsm. Mt. Joy Jr, Lancaster.—Leased
RR., which owns a majority of the stock.
Hartford, Providence & Fishkill.—This road forms
a part of the proposed line of the N. Y. & New
Grand Rapids
& Indiana.—Gross earnings England Railroad. Gross earnings 1876-7, $897,644;
1877, $1,097,107; net, $348,745, against $316,507 in net, $215,938. (V. 22, p. 87, 304; V. 24, p. 156; V.
1876.
Unguaranteed bonds are secured by the 27 p,#, 172.)
same mortgage aB the guaranteed on the land grant.
Housatonic
Leases Berkshire Railroad, Stock“Ex. Land Grant Bonds” to the amount of .$1,080,- bridge & Pittsfield, and West Stockbridge.
Gross
000 were a part of the original $4,000,000 unguaran¬ earnings in 1876-7 were $5S9,407; net, $154,630. (V.
teed bonds; they were redeemed and are no longer a 22, p. 232; V. 24, p. 274.)
lien on the land, though still a m »r: gage on the road.
Houston (t Texas Central.—Gross earnings for ten
Since Dec., 1875, 1st mortgage bonds redeemed by months ending Feb., 1878, were $2,35J.4l2; net,
sinking fund are rep'aced by income bonds issued $937,797.
Company owns 5,240,000 acres land
to Continental Improvement Co. The Penn, rail¬ against first and consol, mortgages, and other lands
road virtually buys the coupons paid by it, and and lots against income bonds. (V. 25, p. 357; V.
holds th'un. (V. 24, p. *«<; V. 25, p. 334; V. 26, 26 T). 49, 290, 334.)
p. 95, 192, 239, 443, 548,625.)
Huntingdon & Broad Tty?.-Capital stock is $2,-
to Penn
—
052,800.
Gross earnings in 1876 wero $270,441; net,
Interest passed on 3d mortgage bonds.
(V. 22, p. 206; V. 24, p. 369 )
$143,815.
lllino>s. Central.—The general mortg. of 1874 pro¬
vides for all bonds outstanding. It is limited to
$15,009,000.
in the
The Company has become interested
purchase of the N. 0. Jack. & Gt. North,
oil
foreclosure, and has a similar interest in the
Mississippi Central,
sold
under consolidated
mortgage. In July, 1877, took the Chic.. & Spring,
under lease, and issued the bonds secured on that
road. The annual report for 1877 (V. 26, p. 164) gives
causes for decrease in earnings, prospects, &c.
The
following is a comparison for four years:
Year.
1877.
1.376
1875
1874 .;
...
Gross
Net
Earnings.
Earnings.
$2,546,561
....$6,639,845
Interest,
&c.
$532,990
7,040.969
2,144,776
616,792
7,S02,556
2 670,081
661,098
7,900,721
2,775,362
413,610
(V. 24, p. 111,13 4, 158, 368, 444, 518; V. 25, p. 432,
438; V. 26, p. 164,548,574.)
Indianapolis, Bloomington & Western—Default was
first made J uly. 1874, and decree of foreclosure made
in May, 1877. Receiver’s certificates issued to con¬
siderable amount. The Danville, Urbana, Bloom¬
Net earnings
ington & Pekin is part of this road.
of main line in i8'6-7, $349,567. Western extension
deficit on operations, $45,106. (V. 25, p. 62, 162, 357.
407. 511; V. 26, p. 67, 190, 420, 470, 548; V. 27, p.
41, 148, 172, 199, 223.)
Indianapolis, Cincinnati & Lafayette.—The com¬
pany defaulted July, 1876, and Mr. Ingalls, President,
wan
appointed receiver.
Gross earnings 1876-7,
$1,311,209; expenses, $775,426; net earnings, $535,783. (Y. 24. p. 181,273; V. 25, p. 182,380; V.
28. p. 265. 625; V. 27, p. 172, 303.)
Indianapolis, Decatur & Springfield—This em¬
braces the former Indiana & Illinois Central. The
second mortgage is issued to holders of old I.& I.C.
firsts, and till July, 1881. interest is payable out of
earnings only, if sufficient. Stock is $500,000.
Gross earning^, l"7fi-7, $101,105; net, $17,709. (Y.
25, p. 511; Y. 27, p. 251.)
net
RAILROAD STOCKS AND
xxn
Subscribers will confer
a
BONDS.
great favor by giving immediate notice of
any error discovered in tbese Tables*
DESCRIPTION.
Miles Date
For explanation of column
headings, &c., see notes
of
of
at the head of lirst page of tables.
Road. Bonds
Indianapolis
2d
d St Louis—1st mort., in 3 series
71
mortgage
Indianapolis
d Vincennes— 1st mortgage, guar
mortgage, guaranteed
International
d Great
Northern—Consol, stock
International, 1st mortgage, gold
Houston & Great Northern .1
atmortgage, gold...
International 2d mortgage
Houston & Gt. Northern 2d
mortgage
Jefferson (Pa.)—1st & 2d morts. (Hawley Branch)..
1st mortgage (Susquehanna to
Carbondale)
Jeffersonville, Madison d Indianapolis—Stock
Indianapolis & Madison, 1st mortgage
Jeff., Mad. & Ind., 1st M. (s. f. $15,000 per
year).
do
do
2d mortgage
Joliet d
Northern Indiana—1st mort., guar
by M. C.
Junction, Philadelphia—1st mortgage
2d
mortgage, Council Bluffs & St Joseph
Kansas City, St. Jo. & C. Bl.,
mortgage
do
do
income bonds, reg...
Kansas Pacific—Stock
1st mort., gold, coup., on 140 miles west Mo.
Riv.
1st mort., gold, 140th to 393d mile
2d mort (to U. S. Gov.) on 394m. west Mo.
River.
1st M., 394th to 639th
mile, I’d gr., 3,000,000 ac’s
1st mort., coup., (Leavenworth
Branch)
Income bonds, coupon, 3d
mortgage on 427 miles.
1st land b’ds, cp, or
reg., gold, on 2,000,000 acres
2d land mort.,
do
do
do
Consol, funding mortgage
June. C_. & Fort K., 1st mort.,
gold, land gr., guar
Kentucky Central—2d. mortgage
Kd
mortgage
Keokuk dDes Moines—1st
mortgage
Funded interest bonds
Knox d Lincoln— 1st mortgage
Lafayette Bloomington d Miss— 1st mortgage
Lafayette Muncie d Bloomington—1st mortgage
Lake Shore d Michigan Southern—Stock
Guaranteed 10 per cent stock
Kalamazoo & 8choolcraft, 1st
mortgage
Kalamazoo, Allegan & Gr. Rapids, 1st mortgage,
do
do
stock, 6 per ct. guar.
Jamestown & Franklin, 1st
mortgage
Lawrence—Stock
1st mortgage
2d mortgage
Leavenworth Atch. d N. W.—1st mort.,
guar
Leaven., Law. d Galv.—1st mort., l.gr. ,s.f., conv...
Kansas C. & Santa Fe, 1st
mort., guar
Southern Kansas, 1st mort., guar
Lehigh d Lackawanna—1st mortgage
Lehigh Valley—Stock, common and pref
bonds series “A” are J. &
series “ C,” M. & N. The
the 1st
Indianapolis dk Vincennes.—Is
1,000
1,000
1,000
1874
1874
nr
495:
controlled
1,000
100
500 &c.
1,000
100 &c.
100
100
1,000
1866
1865-7
1869
1866
1,000
427
1866
1870
1871
1876
33*2 1873
99
1853
99
1855
162
1874
1874
49 ’69-’72
82
1871
37
1871
864
451
95
95
258
162
162
88
88
88
62
37
12
13
58
1870
1870
1873
1872
1869
1855
1859
1867
1869
1855
1866
1862
1866
1868
1876
1869
1867
1867
1868
1,000
50 &c.
1,000
i*,odo
1,000
1,000
100&c.
100 &c.
l’obo
1,000
1863
51
22
17
21
1869
32
10
15
1,000
1,000
1,000
1,000
1,000
1,000
500 &c.
1,000
1,000
1,000
1,000
500 &c
1,000
1,000
1,000
1865
1870
1869
1870
1872
rtcaee
26,
p.
by Penn.
Co, through stock ownership, and interest is guar¬
anteed by Penn. Railroad.
Net earnings in 1875
were
$32,708. (V. 20, p. 426.)
International & Great Northern (Texas).—A. con¬
solidation of
the International and the Houston &
Great Northern.
Coupons funded in 1873 and
bonds issued for $2 787,6 0.
Receiver appointed
April, 1878, and new plan of re-organization made,
as per Chronicle, V. 27,
p. 95. Net
1877,
$466,248. Land grant about 5,' 00,600 earnings,
acres
(V 23,
P. 403; V. 24, p. 299; V. 26, p. 342, 547; V.
666,000
888,000
5,256,000
1,000,000
1,000,000
1,393,000
1,595,000
849,000
7
7
7
7
7
8
8
8
3
7
7
2,844,000
924,000
400,000
100,000
100,000
840,000
610,000
422,000
5,000,000
1,000
720,000
160,000
300,000
27,228,855
5,000,000
1,000
6,000,000
2*2
7
7
10
10
8
7
1
6
7
445;
p. 40.)
25,
Junction (Phil>—Owned by
connecting companies.
Cost of road $898,324;
paid-up stock, $185,000.
Kansas City, St. Joseph & Council
Bluffs—The
above statement is made of the securities
as issued
since re-organization. Annual
report of operations
in 1876, and outline of
plan for issue of securities,
in V. 25, p. 62.
(V. 22, p. 233, 495; V. 26, p. 390.)
Kansas Pac.—In 1877 gross
and net
and
ear’ngs were $3,234,734,
earuings $1,367,777, against $1,280,467 in
$1,572,880
m
1875.
fJ he
1816
Central.—This was formerly Covington
Jacksonville, Pensacola dk Mobile.—This road is & Kentucky
Lexington.
The company purchased the
Maysmortgaged for a like amount of Florida State bonds, ville &
Lexington road. In June, 1878, it paid a
and is held by the State and noticed for
sale April dividend of 3
per cent on preferred stock of $500,000
2, 1877. (V. 22, p. 158; V. 23, p. 83, 256, 576; V. 24, and 1
per cent on common stock of
$4,500,000.
p. 40, 204; V. 25, p. 212.)
Gross earnings 1877-8 $648,312;
net, $246,69i (V.
Jefferson.— Leased to the Erie Railway Company, 24, p. 495; V. 26, p. 6 73.)
which pays interest on the bonds. (V.
14, p. 628.)
Keokuk cfe Des Moines.—The stock is
$1,524,000
Jeffersonville, Madison dk Indianapolis.—Leased pref. and $2,400,000 common. Coupons due Oct. 1,
1877,
and
Jan. 1, 1873, to Pennsylvania Company for interest
April 1, 1878, fuuded into scrip. In May,
1878, leased to Chic. Rk. I. & Pacific on
and sinking fund of bonds, and 7
basis of a
per cent, a year
on stock.
Lease guaranteed by Penna. Railroad. guarantee of new bonds at 5 per cent. (V. 24, p.
b
In 1877, gross earnings were
17; V. 25, p. 212; V. 26, p. 470, 523, 546.)
$1,177,976; net earn¬
ings, $499,033. (V. 26, p. 192.)
Knox dk Lincoln.—In 1877 net
earnings were $48,-
do
do
Y., Farm. L. & T. Co.
do
O. N. Y., National
do
do
do
Oct,
do
do
1908
1900
Feb., 1904
1, 1904
Feb.
Boston.
O. N. Y., Nat. Park Bank.
J.
New York.
J. Honesdale Nat. Bank.
J. N. Y., by Erie Railroad.
Q.-F. N. Y., Farm. L. & T. Co.
M. & N.
do '
do¬
A. & O.
do
do
J. & J.
do
do
J. & J. N. Y., Farm. L. & T. Co.
J. & J.
Philadelphia Office,
A. & O.
do
do
&
&
&
&
Boston,, at Office,
do
do
Sept. 2, 1878;
April 1, 1899
1900
1887 & 1889
Jan. 1. 1889
Aug., 1878
May 1, 1881
Oct. 1, 1906
July 1, 1910
July 10,1907
July 1, 1882
April 1, 1900
Jan.
Jan.
do
do
1, 1880
1, 1907
Jan. 1, 1907
Y., Bk of Commerce.
do
1, 1909
July 1, 1881
City B’k April 1, 1911
do
Jan. 1, 1900
Q.-M.
F. & A. N.
J. & D.
July 1, 1919
do
J. & J.
F. & A.
F. & A.
do
Aug. 1, 1895
June 1, 1896
Payable *2 by transportation.
1895 to ’97
M. & N. N. Y., Lond. & Frankft.
May
1, T899
M. & N. N. Y., Bk of Commerce. Jan
1, 1896
M. & S.
do
do
July 1, 1916
J. & J. N. Y., Lond. & Frankf’t.
July 1, 1880
M. <k S.
New York,
Sept., 1886
A. & O.
do
Oct., 1879
A. & O.
New York.
April
1, 1903
M. & S. N. Y., Bank of America,
March, 1883
J. & D.
do
do
June, 1885
A. &
O.
A. & O.
New York Office,
do
do
Various Bath, First Nat. Bank.
F. & A.
New York.
F. & A.
1904
1884
1880-1902
Aug.,
Aug.,
N.Y.,Grand Cent.Office. Aug. 1,
do
do
Aug. 1,
July 1,
Q.-J.
July 1,
J. & D.
F. & A.
F. & A.
J. & J.
A.
A.
M.
J.
A.
A.
J.
A.
J.
M.
A.
F.
J.
J.
J.
J.
A.
J.
J.
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
O.
O.
N.
J.
O.
O.
J.
O.
J.
S.
O.
A.
J.
J.
J.
J.
O.
J.
D.
P
&
&
&
&
F.
*&
Oct.
Oct.
1,
1,
May 1,
Jan. 1,
Oct. 1,
April 1,
July 1,
April 1,
July 1,
Sept. 1,
April 1,
Aug. 1,
Jan. 1,
July 1,
July 1,
July 1,
Oct. 1,
*43
Qj'Z, CD
^
Hfl
§,
Jo f*EH
CD
fl
(3 ©
aesa
gv ®
§ cs^^j
o
Q.-J.
F.
A.
J.
M.
1901
1901
1878
1878
1900
1900
Dec. 1, 1903
Pittsburg Office.
1882
1879
1885
1880
1892
1899
1885
1886
1882
1886
1898
1900
1890
1887
1887
1888
1878
Var. to July, ’97
June 1, 1894
A. N. Y., Winslow, L.&Co.
O. N. Y., B’k of Commerce.
J. New York and Boston.
N.
Boston Office,
do.
Oct.,
1878
Aug., 1895
Oct.
1, 1889
July, 1899
May, 1890
1892
A.
Q.—J.
Joliet & Northei'n Indiana.—This 7
percent bond,
guararteed by Michigan Central, issued in
place of
old 8 per cents. (V.
22, p. 567; V. 24, p.
V.
.P-592; V. 26,
'&
Stocks—Last
Dividend.
Philadelphia Office.
J. & D. Reg. atoffice, cp.B’kN.A
M. & S.
Philadelphia Office. •
earnings made on each
mortgage division are shown in V. 26, p. 192; V. 27,
p. 126. The land grant is in two trusts, 2,000,000
acres in the
first, from the 1st to the 380th mile, and
3,000,000 acres in the second, from 360th mile west27, p 95.) waid, (Denver Extension.) The company, in Nov.,
1876, went into hands of receivers.
Important
Iowa Falls <& Sioux City.—Leased to Illinois
Cen¬ negotiations for control by Union Pacific made in
tral at 35 per cent, on earnings.
May, 1878, and afterwards a disagreement between
the parties. Foreclosure
Iron Mountain, Chester dk Eastern.—This was
pending under the first
for¬ mort. of 1869 (Denv.
extension). (V. 26, p. 192, 391,
Chester
&
merly the
Tamaroa. Bonds are in de¬ 420,
470, 548, 62o, 653; V. 27, p. 16, 41, 95, 96, 121,
fault since 1873, and foreclosure sale
ordered. (V. 200, 228, 251, 253,
274, 275, 280.)
22, p. 614.)
.
'
7
200,000
300,000
600,000
g
5
7
7
7
7
7
7
7
7
7
7
7,925,000
341,000
g
g
Is
9,206,000
3,294,000
1,000
50
1868
1870
j
500,000
450,000
1867
7g
49,466,500
533,500
50
1,000
1,000
1,000
6 g
6 g
6
7
7
7
7
10
7
7
7
7
8
6
A.
pal, When Due*
Whom.
J. & J.
J. &. J.
A. & O.
7
6
4,275,350
1,605,250
1,500,000
1,500,000
600,000
844,000
237,000
2,300,000
254,800
2,395,000
1,300,000
250 &c.
1,000
1,000
7*
6,303,000
6,380,000
600,000
l'obo
100
100
“51
145
500,000
300,000
2,789,413
500,000
4,493,428
2,488,000
9,689,950
2,240,000
4,063,000
100
1865
7
7
7
7
6
6
Where Payable and by
& J.
& A. N.
& N.
A.
J.
J.
J.
1\
800,000
1,000
1,000
140
253
394
245
34
864
864
864
2,000,000
397,000
2,409,000
2,000,000
1,000
1,000
1,000
1866
1877
1877
1*
7
8
7
7
4,000,000
300,000
2,000,000
i*,odo
1862
1866
1870
1877
8
Bond 8^- Princi¬
Various N. Y., Union Trust Co.
& O.
do
do
A.
J.
F.
M.
%'g.
Is•
2,787,620
4,625,000
2,960,000
500 &c.
Pay’ble
7
7
8
7 *
6
2,907,000
Too
1869
1870
1867
1869
When
Cent.
1,450,000
5,500,000
3,264,000
4,084,000
2,052,000
i,6bo
1871
1872
INTEREST OR DIVIDENDS.
Rate per
917,000
500,000
1,700.000
1,000
673
101
by Pennsylvania Co. and Cl. Col. Cin. & Ind. Be¬
longs to Penn, system, and leases the St.
Louis A.
& T. H. In 1876-7, net
earnings were $191,432.
Foreclosure suit pending. (V. 24,
V.
p.
274
52
274
101
J.; series “ B,” M. & S.;
stock, $600,000, is owned
95, 614, 654; V. 27, p. 41.)
$2,000,000
301
1st mortgage, coupon and
registered
2d mortgage, registered
Indianapolis & St. Louis.—Of
$1,000
500 &c.
1181
Consol. 1st mort., (sink,
fund, 1 per cent) coupon.
do
do
do
registered
2d mortgage, do. (for
$25,000,000)
Income bonds, coupon or registeredcoup, and reg.
Mortgage bonds of Oct., 1869, sinking fund
1st mortgage, sinking fund, M. S. & N. I
2d mortgage (C., P. & A.
RR.) registered bonds..
3d mortgage
do
Lake shore dividend bonds,
April, 1869
1st mortgage (C. & Tol.
RR.) sinking fund.
2d mortgage
do
Buffalo & Erie, mortgage bonds
do
do
do
do
Det. Monroe & Tol., 1st mort.,
coup., guar
Kalamazoo & White Pigeon, 1st
mortgage
Schoolcraft & Three River. 1st
mortgage
do
Outstanding
3,000
1,000
226
86
159
159
44
Amount
Value.
4^
mortgage
Kansas City, St. Joseph d Council
Bluffs—Stock
1st
‘
184
250
9
38
or
par
1876-8
Jacksonv., Pens.dMob.—Florida State bonds, gold...
do
117
117
519
204
255
204
255
Funded coupon bonds
Ioica Falls d Sioux
City—Stock
1st mortgage, April 1, ’69
Size
1869
1870
1871
71
Equipment bonds
2d
[VOX.. XXVII,
Feb., 1897
Oct. 15,1878
June, 1898
Sept., 1910
943. Interest is paid on bonds
by cities and towns.
Annual report for 1876, V.
22, p. 304.
Lafayette Bloomington dk Miss.—Formerly leased
(V. 23, p. 353; V. 24, p. 445, 468r
518; V. 27, p. 146.)
to Tol. Wab. & W.
Lafayette Muncie
receivers.
&
Bloomington.— In hands of
(V. 24, p. 468, 518; V. 27,
p.
146.)
Lake Shore & Michigan Southern.—The
report for
six months
ending June 30, 1878, showed surplus
income applicable to dividends of
$991,213, against
$445,247 for same time in 1877. See V. 25, p. 645.
The following shows a
summary for the years named:
1875.
1876..
1877.
Miles
1,175
1,176
1,176
Gross earnings.. $14,434,198
Operat’g
exp us.
10,531,500
3,902,697
$13 949,176 $13,505,158
9,574,835
8,963,965
4,374,341
4.541,193
50,000,000
50,000,000
50,000,000
37,774,000
87,524.000
37,274,000
(V. 23, p. 33, 254, 622; V. 24, p. 16, 418; V. 25, p.
16, 63, 230, 510; V. 26, p. 442, 645.)
Lawrence—Leased to Pittsb., F. Wayne & Chic,
at 40 per cent on gross
earnings. Lease transferred
to Pennsylv’a Company. Net
earnings, 1875, $84,177.
8inking fund has $14,000 bonds. (V. 20. p. 425.)
Net
earnings....
Stock
Total debt
-
Leavenworth Atch.dk N. TV.—Operated
by Missouri
Pacific.
Leavenworth, Lawrence & Galveston.—Defaulted
interest July, 1873. Sold in foreclosure
Aug. 9,.
1878, for $760,000. (V. 26, p. 265, 420, 60U: V. 2/, p.
on
200.)
Lehigh dk Lackawanna.—Operated by Central of
New Jersey as a coal road.
Lehigh Val.—This company’s earnings
from anthracite coal.
are
chieflv
The gross income from all
sources, in-1876-7, was $7,100,218; net $3,937,396.
The Co.’s report gives no
general balance sheet,
nor the cost or value of its
miscellaneous invest¬
ments. Of the E. & Amboy
mort., $5,000,000 have
‘
September 28,
RAILROAD
1878.]
Subscribers will confer a
For explanation of column headings, &c., see
at the head of first page of tables.
notes
Lehigh Valley—( Continued)—
Consol, mort., gold, $ & £ (s. fd. 1 p.c. y’ly) cp.& reg.
Easton & Amboy, 1st mortgage (for $10,000,000)
Delano Land Company bonds, endorsed
Lewisburg Centre A Spruce Creek—1st mortgage...
Little Mia mi—Stock, common.
1st mortgage
Street connection bds (jointly with Cin.& Ind.RR.)
Little Rock A Fori Smith—New stock
1st M., ldgr’t (750,000 acs) s.fund (for $3,000,000)
Little Schuylkill—Stock
x
1st mortgage, sinking fund, extended 1877
Logansp’t, Crawfordsv. A S. W. of Lid.—1st mort., g.
Long Island—Stock
1st mortgage, extension
1st mortgage, Glencove Br
1st mortgage, main
Newtown & Flushing, guar
New York & Rockaway, guar
Smithtown & Port Jefferson
Louisv. Cin. A Lex.—Louisv. Pn(to Louisv.& Frankf.)
Louisville Cincinnati & Lexington, 1st mort
New mortgage, coupon, for $1,000,000..-.
Louisville A Nashville— Stock
Louisville loan, main stem (no mortgage)
Lebanon branch, Louisville loan
Lebanon branch, 1st mortgage
do
extension, Louisville loan
Consolidated 1st mortgage for $8,000,000
2d mortgage bonds, gold, coup
Memphis & Ohio, 1st mort., sterling, guar
Memphis & Clarksville br., 1st mort., sterling—
Lowell A Lawrence—Stock
Lykens Valley—Stock
Augusta—1st mortgage
2d mort., endorsed by Georgia Railroad
"Madison A Portage—1st mort., gold
Mahoning Coal— 1st mortgage, coupon
Manchester A Lawrence—Stock
Maine Central—Stock
let
mortgage, consolidated.
—
-
Miles Date
of
of
Road. Bonds
123
31
31
92
65
1851
1,000
175
175
1867
1877
1,000
^
100 &c.
100
737
1,000
1856
1863
1863
1868
392
392
1,000
1,000
1,000
1,000
1873
1871
1872
130
83
12
20
77
77
39
43
26
355
355
£200
£200
1869
1870
1872
....
3,898,600
1,100,000
496,500
756,800
633,000
425,000
217,300
1870
1865
1870
1869
1861
1861
1866
1870
1873
1866
33
22
188
1869
30
«
^
m
•
100
100
1,166,700
ioo
150,000
300,000
2,450,000
1,050,000
2,500,000
3,000,000
2,004,000
300,000
1,125,000
1,000
750,000
500 &c
1,200,000
500.000
50
44
94
109
292
181
272
292
1872
1871
1872
1873
1854
1867
1877
1878
800
284
284
284
1872
103
1869
10
39
39
1874
1870
1870
1,000
1,910,000
1,000
1,000
1,000
2,000,000
25
1,000
5,312,725
1,260,000
1,000,000
1,951,000
1,000
600,000 p.m.
840,000
706,000
18,738,204
1,501,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
556,000
8,000,000
1,900,000
& D.
Philadelphia Office.
1898 & 1923
7
7
2
6
6
J. & J.
M. & N.
Philadelphia Office.
Jan., 1892
May 1, 1902
Sept. 10,1878
Various
Cincinnati.
1894
7
T. & J.
J. & J.
A. & O.
Boston.
Philadelphia Office.
July 1, 1895
July, 1878
Oct., 1882
7
8 g.
7
6
7
7
7
7
6
7
7
1*3
6
6
7
7
7 g.
7
6 g.
3
2*3
7
7
7 g.
7
5
•
•
•
•
.
8
8
8
640,000
70,000
(V. 24, p. 110; V. 25, p. 233;
Little Miami—Tina company leases the Columbus
& Xenia, and both are leased to Pittsburg, Cincin¬
nati & St. Louis, guaranteed by Penn. RR., lessees
assuming interest payment on bonds and 8 per cent
on stock.
Net earnings, 1876, (L. M. & 0. & X.)
$226,555. (V. 20, p. 427; V. 24, p. 420.)
Little Rock& Fort Smith— Foreclosed Dec. 10,1874.
Re-organized and stock issued for old bonds. Net
receipts, 1876, *51,044; in 1377, $114,126. (V. 25, p.
63; V. 26, p. 549.)
p.
68.)
8
V. 25,
surplus above
eleven months
-
Lowell & Lawrence.—Leased to
(V. 25,
p.
Boston & Lowell.
357.)
Lykens Valley.—Leased to Summit Branch
(V 23, p. 113.)
road at $62,500 per annum.
Rail¬
except $100,000 of first mortgage. Gross earnings,
1877-8, $99,787; expenses, $104,6C7. To be fore¬
closed. (V. 26vp. 468; V. 2T, p. 252.)
Little Schuylkill. —Leased and operated by Phila¬
delphia & Reading. Dividends, 7 per cent.
Logansport, CrawfordsviUe & S.W. of Ind.—De¬
cree of sale made.
The total liabilities. September
Madison
Portage.—Controlled bv Chic. Mil. &
St. Paul. Gross earnings, 1876, $31,896. (V. 26, p.
459.)
1875, reported at $4,097,000, of which $322,000 were
receiver’s certificates. (V. 22, p. 63; V. 23, p. 428.)
dover, O., to Youngstown, O., and is leased to the
Like Shore & M. S. for 25 years from May, 1873, at
An¬
Long Island.—Gross earnings, year ending Sept. 40 per cent of gross earnings.
30,1876, $1,134,753; net earnings, $383,608 (including
Manchester <fe Lawrence.— Formerly operated with
leased lines from May 1); interest and rentals,
the Concord RR. as one line. Net earnings 1877-8,
$276,331. Net earnings for three years before, were: $100,458 against $100,435 in 1876-7. (V. 25, p. 39;
1874-5, $213.50J; 187:3-4, $317,831; 1872-3, $365,333.
In Jan., 1876. a sale of stock was made to Mr. Pop- V. 27, p. 66.)
Maine Centred.—The total earnings for the year 1877
penhusen, and this road afterward leased the Flush¬
ing No. Shore & Central, and the So. of L. I., and were $1,654,237; operating expenses, $1,003,538: net
went into Receiver’s hands October, 1877.
(V. 23, earnings, $650,693—sufficient to pay $603,5! 9 for
p. 112; V. 25, p. 334, 432, 510; V. 26, p. 290, 392.)
interest and rents, and leave a balance of $47,179
Louisville, Cincinnati dk Lexington. — Sold in There were sold $l,01t,000 of consol, bonds in the
foreclosure Oct. 1, ’77, for $731,000 to 2d mort. bond¬ year to pay floating debt. (V. 22, p. 3 5U; V. 24, p.
holders, subject to above liens. New co. organized '344; V. 25, p. 187; V. 26, p. 341.)
Y., Bank of America.
May, 1883
do
Aug., 1900
N.
Y., Jones & Schuyler.
Company’s ’Office.
N.Y., St. Nicholas N.Bk.
1873
1890
1884
& A.
do '
do
& N.
do
do
& N.
& N.
do
do
A. & 0.
do
do
M. & S. Drexel, Morgan & Co.
J. & J. N. Y., Bank of America.
J. & J.
do
do
A. & O.
F. & A.
A. & O. N.
M.
A.
A.
M.
& N.
& O.
& O.
& N.
J. & D.
F. & A.
A. & O.
Q.-F.
J.
J.
A.
J.
M.
July, 1898
May, 1903
April, 1901
Sept., 1901
Jan., 1881
Jan., 1897
1907
July, 1878
Louisville.
1886 & 1887
1886
Y., Drexel, M. & Co.
do
do
Louisville.
Nov., 1880-’85
Oct, 15, 1893
N. Y., Drexel, M. & Co.
April, 1898
Nov. 1, 1883
New York.
Dec., 1901
London, Baring Bros.
do
do
Aug., 1902
do
*
Boston.
Philadelphia.
N.Y.,M.K. Jesup,P.&Co.
& J.
do
do
& J.
New York.
& O.
& J. N.York, Union Trust Co.
& N. Manchester and Boston.
Apl. 2,1878
Aug., 1878
1887
1879
Oct., 1890
Jan., 1902
May 1, 1878
•
....
A. & 0. Boat., Nat. B’k Com’roe.
F. & A. Boat., N. Bk. Commerce
do
do
A. & O.
J. & J.
do
do
.1. & J.
Portland.
J. & J. Bost., Nat. B’k Com’rce
A. & O.
Portland, Me.
A. & O. Bost., Nat. B’k Com’rce.
Belfast and Boston.
M. & N.
J. & J. Boston, Bost. Nat.Bank.
F.
F.
M.
J.
A.
M.
J.
J.
M.
&
&
&
&
&
&
&
&
&
J.
&
J.
J.
F.
xM.
&
&
&
&
A.
A.
N.
J.
O.
N.
do
do
J.
D. Balt., Merck. Nat. Bank
do
do
N.
do
do
J.
D. N. Y., Company’s office.
do
do
J.
do
do
A.
do
do
S.
Oct., 1900
July, 1898
July, 1901
July, 1891
April 1, 1883
July, 1878
Dec.
1, 1904
May 1, 1878
Jan. 1, 1900
June 1,1892
July 1,1891
Aug. 1, 1892
Sept. 1.1903
....
Y.,R.T. Wilson & Co.
do
do
do
do
N.Y., Central Trust Co.
&
<fc
&
&
&
&
&
&
&
•
Oct. 1, 1895
May 15, 1890
July 1, 1889
Balt., R. Garret & Sons. Aug. 1, 1891
London.
Aug. 1, 1891
Balt., R. Garret & Sons. May 1, 1896
do
do
July 1, 1890
do
do
April, 1908
do
do
May 1, 1896
M. & N. N.
J. & J.
J. & J.
A.
A.
M.
J.
M.
A.
M.
M.
•
1890 to 1891
....
J.
•
April 1, 1912
J. New York and Boston.
Boston Office.
O.
do
O.
N. N. Y., Farm, L. & T. Co.
do
do
J.
do
do
N.
do
do
O.
do
do
N.
do
do
N.
May 1,1880
Jan. 1,1885
Jan. 1,1916
July, 1908
June 1, 1878
Oct. 1,1882
Oct. 1,1882
May 1,1902
Jan. 1,1890
1890
April 1,1883
Nov. 1,1890
Nov. 1.1890
Mansfield <fe Framingham.—Leased to Boston,
Fitchburg, at 25 per cent of gross earn¬
ings. Consolidation made June, 1875. (V. 20, p,
Clinton &
615.)
Maiietta db
COO.
052;
Cincinnati.—Capital stock is $14,000,
for the year 1876 were $1,637,expenses, $1,291,870; net earnings, $345,181,
Gross earnings
against $371,424 net earnings
in 1875. The Balti¬
advances for
in 1877 and a
construction,
receiver was appointed in suit to foreclose the 4th
mortgage. The first mortgage bondholders com¬
plain of the payment of interest on guarantees
which are inferior liens to their own.
(V. 24, p.
224; V. 25, p. 308, 335, 5(9; V. 26, p. 216, 342, 496.)
more
& Ohio
Railroad made large
&c. Default was made
Marquette. Houghton & Ontonagon.—This is a
Marquette & Ontonagon and
Houghton & Ontonagon, and operates 83# miles.
Lands amount to 425,000 acres, chiefly timber and
mineral.
Stock, $2,306,600. Net earrings, 1876,
consolidation of
Macon & Augusta.—Leased and operated by the
Georgia Railroad, which guarantees all the bonds
Mahoning Coal.—This coal road runs from
F.
M.
M.
M.
•
7
7
7 g.
6 g.
.2
8
8
7
8
556,000
Louisville & Nashville.-In 1876-7
int. and rentals was $350,000. For
Q.—F.
Payable, and bj
Cincinnati.
Q.-M.
M. & N. N
•
7
6
6 g.
7
6
6
6
6 ,
6 g7
7
7 g.
7
8
8
7
4
7
4
7
8
8
8
10
•
Where
Various
6
200,000
with $2,100,000 stock. (V. 24, p. 170, 469, 565;
p. 16, 335, 356, 433, 533; V. 27, p. 302.)
J.
....
600,000
1,480,000
1,000,000
3,620,120
100 &c.
1872
1860-1
Bonds—Princi¬
pal, When Due.
Stocks—Last
Dividend.
3^
600,000
400,000
370,000
100
100
.
discovered In these Tables.
Whom.
6®'
200,000
1,000
1,000
1,000
1,000
1867
72
Payable
1,500,000
525,000
5,000,000
2,650,000
2,646,100
492,000
1,500,000
3,300,000
175,000
150,000
1,121,500
106,500
250,000
600,000
100,000
3,000,000
275,300
9,003,218
849,000
225,000
77,000
333,000
7,070,000
2,000,000
3,500,000
2,336,730
ioo
1868
1871
1861
1863
When
Cent.
$7,049,646 $6,483,036
3,842,750 3,162,822 ending May 31,1878, net earnings were $2,090,787 in
1877-8, against $1,336,895 in 1876-7. Gross earnings
$2,783,633 $3,20-),896 $3,325,214 of main stem, branches and leased lines in 1876-7,
27,( 92,297 27,228,920 27.228,855 $5,315,326; net, $2,140,520. Nashv. & Dec. is leased,
22,129,000 £4,186.000 24,301,000 and liabilities for the S. & N. Ala. are assumed.
..
635,813 (V. 25, p. 41, 332, 356; V. 26, p. 142, 653; V. 27,
460,208
Gross earnings
,..$6,046,495
Operating expenses.. 3,262,861
♦
Anthracite.
V. 26, p. 67, 340.)
1860
1864
1868
500
500
500
500
Kalamazoo & South Haven, 1st mort., guar
do
do
2d mort., guar
Floating debt
500 &e.
100 &c.
50
500
1873
1871
1871
Equipment bonds..
Funded debt
50
5*3
r
earnings
Capital stock
1,000
m
95
4
10
19
C...
Marquette, H. A O—1st mort., I’d gr., M. & O., coup.
1st mort., I’d gr., H. & O., coup
2d mort.,land grant, M., H. & O., coup
3d mort.,
do
do
do
Memphis A Charleston—stock
1st mortgage, Ala. & Miss. Div., convertible
2d mortgage
Consol. M., g. ($1,400,0001st M. on 91 m. in Tenn.)
Metropolitan (N. Y. City)—1st mortgage, $ or £
Michigan Central—3tock
;
1st mortgage, convertible, sinking fund
1st mortgage, convertible
Consolidated mortgage (for $10,000,000)
Michigan Air Line mortgage
%
Michigan Air Line 1st mort., assumed by M. C—
Net
1875
....
188
been issued to L. V. Company.
A comparative
statement for three years is as foHows:
1874-5.
1876-7.
1875-6.
♦Coal (tons) moved... 3,277,527 3,951.513 4.362,124
1864
m
Rate per
1.697,000
1,545,000
4,608,000
•
50
1877
1870
158
•
1,000
1,000
m
38
Mansfield A Framingham—1st mortgage
•
....
1853
1*23
Amount
Outstanding
1,000
xxiii
INTEREST OR DIVIDENDS.
$1,000 $13,301,000
Held by L. V.
•
81
Androscoggin Railroad, Bath City loan
Marietta A Cincinnati—1st mortgage, dollar
1st mortgage, sterling
2d mortgage
3d mortgage
4th mortgage for $4,000,000
Scioto &Hocking Valley RR., 1st mortgage
Balt. Short Line, stock, 8 p. c. guar by M. &
do
1st mort., guar, by M. & C
do
Cincinnati & Baltimore RR., stock
do
do
1st mortgage
Par
Value.
1872
19
196
19
Portland & Kennebec, 1st mort., extended
do
do
consolidated mortgage....
Belfast & Moosehead, 1st mortgage
Size, or
1873
1877
232
60
Bonds ($1,100,000 loan) A. &.K. RR..
Extension bonds, 1870, gold
Maine Central loan for $1,100,000
Leeds & Farmington Railroad loan
-
BONDS
AND
great favor by giving Immediate notice of any error
DESCRIPTION.
Macon A
STOCKS
$347,687.
Memphis & Charleston—This road was
June, 1877, to theE. Tenn. Va. &
leased in
Ga. RR. Co. for net
earnings. See full account in V. 26, p.
115. Of the
consol, mortgage $1,400,000 is secured by old
Tenn. State lien for $1,736,906, assigned to a trus¬
tee, and enough is reserved to take up 1st and 2d
new
mortgiges.
p. 304;' V.
Net earrings 1877-8, $307,000. (V. 23,•
24, p. 519, 565; V. 25, p. 255; V. 26, p.
115.)
Metropolitan (N. Y. Ci y).—This is the elevated
formerly known as the “ Gilbert.” (V. 27, p.
road
143.)
.
,
Michigan Central.—The fiscal year will hereafter
end with Dec. 31. For seven months, June-Dec.,
ps77, net earnings on
main line and branches were
Floating debt has been paid off. The
Jackson L.& S. debt is assumed by Mich. Cent.,
which also pays $70,000 per year on the stock, onethird of which it owns; the proceeds of J. L. & 8.
lands go to pay bonds. (V. 26, p. 549.) Interest w a»
$1,312,-98.
XXIV
RAILROAD
Subscribers will confer
a
great favor
STOCKS AND
by giving Immediate
BOND?.
notice of any error
DESCRIPTION.
Miles Date Size, or
For explanation of column
headings, &c., see notes
of
of
Par
at the head of first
page of tables.
Road. Bonds Value.
Michigan Central— (Continued)—
Grand River
Valley, 1st mort., guar. 5
do
do
do
84
84
2d mort., guar
stock, guar
do
118
118
116
—
do
Cons. m. on whole line
(300m.) J ber’g
Milwaukee A Northern— 1st
mortgage
Milwaukee, Lake Shore A Western—1st m., gold.
Mine Hill A Schuylkill
Haven—stock
Minneapolis A St. L.— 1st M., Min. to Sioux C. June.
1st mortgage, Sioux
City June, to Iowa line
1st
mortg., Minneapolis to White B.
guar..
Mississippi A Tennessee—1st mortgage,Lake,
series “A”.
1st mortgage, series “
B,” (a second lien)
Missouri, Kansas A Texas—stock
1st m., gold, sink, fund, on road
and land (U.P.S.Br)
1st mortgage, gold (Tebo. &
Neosho)
Consolidated mortgage, gold, on road and land...
2d mortgage, income
(for $10,000,000)
Hannibal & Central
Missouri, 1st mortgage...
Missouri Pacific—Stock
1st mortgage,
gold
2d mortgage
(sinking fund
Real estate (depot) bonds$50,000 per annum)..
Debt to St. Louis
County (no bonds)
236
126
127
3d
1512
161
161
85
2d mort. (issued for old
firsts)
Montgomery
A Eufaula—1 mort., end. by Alabama
1st mortgage, not endorsed
280,000
1,100,000
21,405,000
2,433,000
349,000
14,752,000
6,025,500
800,000
40
1867
1870
1870
mortgage
A St. Louis—stock
Bonds to U. S.
government, 2d mort
Bonds endorsed by Tenn
New 1st mort. (for
$6,800,000)
Bonds of N. C.& St. L., 1st mort.coup*. I
on two branches
do
do
1st mort. on Tenn. &Pac
Nashville A Decatur—
Stock, guar’d 6 p. c. by L. & N
1st mort. guar. s. f
1,000
...
100
1,000
100 &c.
1,451,207
1,000
34
1875
1,800,000
1,000
1,000
1,000
1,040,000
330,000
500,000
15,000,000
5,000,000
1,000
1,000
1,000
345
-
mortgage
1873
1877
1877
1,000
109,
1870
1867
1,000
122
54
(gold)
1,000
1,000
500
100
1873
Nebraska—Consol, mort., guar
Nesquehoning Valley—Stock
Newark, Somerset A Straitsv., O.—1st
mortgage
Newcastle A Beaver Valley—Stock
New Haven A Derby—1st & 2d
mortgages
(canal RR.)—Stock
coupon
Bonds convertible, tax
free, coupon
Holyoke & Westfield RR, leased, 1st mort
57
133
...,
100
1877
16*2
44
15
13
100
92
10
1869
68&70
1869
1870
1,000
50
500 &c.
50
500 &c.
100
-
1,000
1,000
320,000
300,000
1,512,000
1,837,000
206,000
800,000
200,000
2,000,000
1,836,000
1,300,000
800,000
605,000
525,000
g-
I.
-
g.
g.
g.
'
1
4
6
7
6
6
3
7
6 g.
2
6 g.
5
7
5
7 g.
2*2
885,000
7
3
7
6
200,000
7
passed on the Detroit & Bay City bonds, not
guar¬ of old company
anteed, Nov., 1875. D. & B. C. net
suit to annul the sale.
earnings in 1877 Default was madebrought
were $97,231.
on Carondelet Branch
(V. 25, p. 11, 332; V. *6, p.
Oct.
417, 1, 1877, and compromise bonds at 50 per bonds,
574, 653.)
cent were
offered Jan., 1878. (V.
25, p. 235; V. 26, p. 41;
Milwaukee & Northern.—Two
coupons were paid V. 27, p. 68.)
in stock, but cash
payment was resumed in
July,
Missouri River, Fort Scott & Gulf.—Interest
1876. It is leased to Wisconsin
pansed
Central.
(V. 22, Oct., 1873, and
p. 233.)
subsequently.
Jan. 1, 1878, $2,127,550. ReceiverCoupons overdue
appointed April,
Milwaukee, Lake Shore & Western.—Sold in fore¬ 1878. Gross
receipts in 1877, from road and land*,
closure for $2,509,788, Dec.
10, 1875, and purchased $1,004,547; net, $263,891. (V. 24,
p. 493, 565; V.
by bondholders, who made this new first
mortgage 25, p. 308; V. 26, p. 342, 391.)
for $750,000. Net
earnings, 1876, $57,479. (V. i5,
Mobile & Girard—The Central
p. 308; V. 27, p. 252.)
Railroad of
Georgia endorses these bonds, and holds the 4
Mine Hill <t Schuylkill
per
Haven.—Leased to Phila¬ cent mortgage bonds for advances made.
(V.
23,
delphia & Reading, May 1S64, for 999
years; 8 per p. 549; V. 24, p. 542.)
cent dividends on
stock.
Mobile
Minneapolis &
pleted in 1877.
St. Louis.—This road
The bonds of the
was
com¬
$1,100,000
mort¬
gage, numbered from 1,101 to
1,400, for *50^
($150,000 in all) are guaranteed by the Burl. C. each,
R. &
Northern Railroad. The bonds on the
15 miles
were issued
by the
Minneapolis &
Duluth RIi.
Mississippi & Tennessee.—Gross
1876-7,
$433,440; net, $212,768. All the debtearnings
is consolidated
in the
mortgage of 1377, consisting of series “A,”
preferred, ana series “ B,” 2d. The debt to State
of Tenn. is
paid. (V. 23, p. 621; V. 25, p. 154,
617;
V. 26, p. 39.)
Missouri, Kansas
& Texas.—Latest
report, V. 26,
365. Gross earnings 1877,
net, #1,048,664, against $1,371,883 in 1876,$3,197,321;
and
Net income in 1877 over taxes $1,360,103 in 1875.
$952,211. Annual
interest charge now (under
adjustment) is #776,398,
p.
Sold. 4The
bondsaDdand5 Uin P.1879-s\
S. Br.
per M.K.&
cent inT. 1878
raw
grant is about 4,565.142
470. 523, 548, 625, 653.)
acres.
(V. 26,
p.
Land
36 5, 392,
Reorganized after the sale of the road $1,660,086.
under 3d
mortgage, Sept. 6,1876, for $3,000,000. Stockholders
V/26, p.418.)
Mobile &
Ohio.— Foreclosure
sale
noticed
for
August 19, 1878, under first mortgage. Plan of
adjustment (see V. 23, p. 451). Gross
earnings
ending Aug. 1, 1877, $2,083,278; net, $189,485. year
(V.
2G, p. 166, 256, 344, 496, b53.)
Montclair & Greenwood
of
old Montclair road sold Lake.—Re-organization
in foreclosure. Receiver
appointed, October, 1877.
Disagreement as to
reorganization. (V. 26, p. 67. 600, 625,
653; V. 27, p.
16, 68,
95, 172, 192, 218, 252, 303.)
Montgomery & Eufaula.—Was to have been sold
in foreclosure Nov.
12, 1877, but postponed by an
appeal. (V. 2b. p. 17; V. 26, p. 5' 7.)
Monticello & Port Jervis.—Defaulted in
1873. Sold
1875. (V. 20, p. 358, 383; V. 21,
p. 39, 592.)
Morris & Essex.—Leased in
bonds July 7,
Missouri Pacific.—Gross
earnmgR in 1877, ' 3,934.442;
operating expenses, $2,324,355; net
& Montnoinery.—Sold in
foreclosure. No¬
vember, 1874, and stock issued to old bondholders.
Old mortgage debt vet out.
$275,000. Gross earn’gs,
1877. $66o,037; net, $224,560.
(V. 24, p. 180, 495;
Delawara, Lackawanna
assum'
Report
perpetuity to the
& Western.
The lessees
all liabilities and
pay 7 per cent on. stock.
for 1876, V. 24, p. 320; for
1S77, V. 20, p.
Nash., Chatt. db St. L.—Gt^ph
earnings of 1877-8,
net earnings, $801..
$1,871,809; expenses, $1,070,270;
Jan., 2.899
June, 1903
1904-1906
April 19,1911
May, 1890
Y., Company’s Office.
do
do
do
do
St. Louis.
mont’ly
City Bank.
Aug., 1888
July, 1891
May 1, 1892
Feb., 1885
Oct. 1, 1893
Jan. 1,1899
April 15,1890
Jan., 1889
-
....
... *
.
.
N.
.
Y., Drexel, M. & Co. July 31, 1878
■
-r
New York.
m. a n. New York and
London.
M. & N.
Mobile.
g-
7
2,460,000
1,294,000
1,000
do
do
do
do
Q-M.
7
7
7
7
7
7
3,000,000
284,000
573,000
1,025,000
6,560,295
1,000,000
1,100,000
4,700,000
1871
do
do
do
do
M. & N. N.
Y., Company’s Office.
A. & O.
New York.
J. & J.
Boston, Co.’s office.
A. & O.
do
do
J. & J. N. Y., Nat.
.
3*2
4,991,000
4,321,000
25
340
75
30
122
8
6
8
6
7
8
8
7
7
7
8
8
7
(?)
700,000
'
F. & A. N.
J. & J.
M. & N.
....
53,000
100 &c.
100 &c.
g.
2^g.
5,643,000
769^920
1,668,000
Y., Union Trust Co.
A. & O.
M. & N.
7
7
6 g10
10
•
8
4
l'517'300
1,000
July 1, 1902
& J. N.
& D.
Various
8
977,550
£225
100 &c.
£100&c
J. N. Y., Union Trust Co.
July 1,1886
S.
do
do
July 1,1879
J.
do
do
July, 1878
N.
do
do
Mayl, 1902-3
N. New York and Boston.
1902
J. N. Y., Union Trust Co.
July
1,1885
N.
do
do
May 1,1890
S.
do
do
Sept. 1,1891
D. N.Y., Merck. Exc. N.Bk.
Dec., 1901
D. N. Y., S. S. Sands & Co.
June 1,1895
J. Philadelphia, P.&R.Co.
July, 1878
J. N.Y., Continental N.Bk. Jan.
1, 1907
D.
do
do
Feb. 1, 1927
N.
do
do
Jan. 1, 1907
O. N. Y., Imp. & Trad. Bk.
April 1, 1902
J.
do
do
....
700,000
500 &c.
J. &
M. &
J. &
M. &
M. &
J. &
M. &
M. &
J. &
J. &
J. &
J. &
J. &
M. &
A. &
J. &
J.
J.
gg.
g.
6 g.
7
4,500,000
250,000
5,000,000
1,947,000
300,000
1,000,000
2,794,800
5,320,600
50
137
-
2,600,000
800,000
1864
250
1866
500 &c.
vari’us
1,000
1871
1871
6
7
7
6
7
800,000
7,000,000
1,000
1,000
1,000
-
3*2
7 g.
7 g.
7 g.
8
8
•
1,000,000
ioo
1874
1875
84
Nashville, Chattanooga
Mortgage bonds,
1876
1873
1869
1870
1869
1877
21
84
mortgage
Nortliamp.
500 &c.
137
Convertible bonds
Construction bonds
New Haven A
1872
1871
1871
80
80
23
Monticello A Port Jervis—1st
mortgage
Morris A Essex—stock
1st mortgage,
sinking fund
Naugatuck—Stock
1,000
1,000
1873
1853
mortgage, sterling
Special mortgage (Mississippi,
Gainesville & Tex
2d mortgage
2d
1,000
1,000
1,000
1868
1871
186
516
Interest bonds
Interest bonds, sterling.
Tennessee subs., 1st
Nashua A Lowell—Stock
Bonds for freight depot
500 &c.
....
299
Convertible 8 per cent bonds
1st mortgage,
sterling
estate
3,969,600
455,000
1,100,000
1,000
100
283
mortgage
Carondelet Branch, 1st
Missouri R., Fort Scott A mortgage
Qulf— 1st m. 1. gr. s. f
2d mortgage,
coupon, may be registered
Mobile A Oirard—2d
mort., end. by Cent. Ga. RR..
Mortgage bonds issued to Central R. R. Ga
Mobile A
Montg.—Stock, (Authorized $3,022,517.).
Mobile A Ohio—Stock
1,000
1868
1,000
1870
1,000
1871-3
1,000
1876
500 &c.
1870
1,000
100
786
786
70
299
283
8
8
8
8
8
8
7
2,001,000
100
182
2*2
2,134,000
750,000
50
1877
1877
1877
1877
1877
8
8
1,277,000
680,000
50 <fec.
Bond s—Princi¬
pal, when due.
Rate per When Where
Payable, and by Slocks—Last
Cent.
Payable
Whom.
Dividend.
500,000
491,200
424,000
1,906,000
1,000
1,000
1,000
discovered In tbese Tables*
INTEREST OR DIVIDENDS.
$1,000,000
.
s
140
27
93
15
100
100
786
,
8pecial real
Outstanding
$1,000
1,000
1872
1872
1865
1870
1871
1870
1875
l
Amount
100
Detroit & Bay City 1st
mortgage, endorsed
do
do
mortgage (not guar M.C.)
Jackson, Lansing <fc Saginaw 1st mort
do
1st mort. (N. of Win.), conv. )V coup.
may
2d
1866
1869
[VOL. XXVII.
M. & N.
London.
J. & J. New York and
London.
M. & N.
Mobile.
Dec. 1,1883
Nov. 1,1883
1876 and "83
1883
1901
'
March
do
1877-1882
J. <fe J. New York or
London.
Jan. 1,1904
F. & A. New
York, Co.’s Office.
M. & S.
do
do
M. & S. N. Y., G.
Opdyke & Co. March 1,1886
J. & D.
do
do
June 1,1900
Q-J. N. Y., Union Trust Co.
1890
J. & J. N. Y.,
Del., Lack & W.
July 2,1878.
M. & N.
do
do
1914
F. & A.
do
do
1891
J. & J.
do
do
1900
F. & A.
do
do
1889
A. & O.
do
do
Oct., 1901
J. & D.
do
do
June 1,1915
.
A. & O. New York &
Nashville. April
N. Y., V. K. Stevenson.
1881 and ’91
J. & J.
J. & J. N. Y., V. K.
Stevenson.
July 1,1913
J. & J.
New York.
Jan. 1. 1917
J. & J.
do
Jan. 1, 1917
J. & D.
Juner-1878
J. & J. N. Y., Drexel,
M. & Co. July 1,1900
A. & O.
Nashville, Co.’s Office.
Oct., 1887
M. & N.
Boston & Nashua.
May 1, 1878
F. & A.
Boston.
Aug. 1, 1893
J. & J.
Bridgeport, Conn.
July 15,1878
A. & O.
Boston.
Oct. 1, 1896
M. & S.
Philadelphia, Co.’s office Sept. 1, 1878
M. & N. N. Y., Union Trust Co.
Nov. 1, 1889
1,'1878
....
Q.-J.
Newcastle, Penn.
Oct., 1878
Various N. Haven, E.S. Scranton
1898 to 1900
New Haven.
Oct., 1874
J. & J.
do
Jan., 1899
A. & O.
do
April ’80 & "82
A. & 0.
do
April 1, 1891
....
538.
The
following
payments were made in addi¬
operating expenses :
Interest on bohded debt for the
year
$452,400
Interest on floating debt and
exchange
14.887
Taxes—
23,534
Two dividends of
1% per cent, each
131,505
Cost of steel over
tion to the
iron r .ils
Cost of extra ties used in
laying 32 miles
steel rail, 600 to mile extra
Cost of new bridges built
25 >ashv. <fc N. W.
bonds, due July, 1878...
Minor items
'.
Total
The debt to United States
32,297
5,100
30,^11
25,000
25,412
$740,746
and
bonds endorsed
by Tennessee are secured by deposit of 1st mort.
bonds.
(V. 24, p. 321; V. 25, p. 357, 476,
482; V.
26, p. 623; V. 27. p. 146, 275.)
Nashville & Decatur.—Leased
May 4,1871, to Lou¬
isville & Nashv. Co. for
thirty years, lease guarantee¬
ing interest on bonds, and 6 per ct. yearly on stock.
Nashua & Lowell.—Net receipts in
1877-8, $96,759.
Notes out are $225,000.
(V.24,p.564; V.26.p 624,)
Naugatuck.— Net earnings 1876-7, $227,927. (V.
23, p. 622; V. 25, p. 6160
Nebraska
Formerly Midland Pacific.
The old
bonds were to be
exchanged for these guar, by the
Bur. & Mo. in
—
Neb., to which the Nebraska road is
See V. 25, p. 335, 641.
Nesquehoning Valley—Leased to the Lehigh Coal
& Navigation Co. at a
yearly rental of 10 per cent
dividend on the capital stock.
Newark Somerset & Straitsv.— Leased to
Sandnsky
leased.
Mansfield & Newark. Guaranteed
by Balt. & Ohio.
New Castle <& Beaver
V^Uey.—Leased to Pitts¬
burgh,
Fort Wayne & Chicago, and lease transfirred
to Penn.
Company.
New Haven & Derby—Net
earnings 1876-7, $46,475.
New Haven city guarantees the
$225,000 2d m. bonds.
New Haven &
Northampton—Grom
earnings*
1876-7, $561,366; operating expenses,
$333,122; net
earnings, $231,244. (V. 26, p. 17.)
^September 28,
RAILROAD
1878.J
Subscribers will confer
a
STOCKS
AND
BONDS.
great favor by giving Immediate notice of any e ror discovered In
these Tables.
DESCRIPTION.
For
Miles
explanation of column headings, <fccM
at the head of first page or
see notes
tables.
80
80
37
78
100
100
100
140
206
224
185
185
567
567
1st mortgage bonds
2d mortgage
N. O. A Mobile.—1st mortgage
New Orleans, St. L. A Chic.—1st M. (N. O. J.& G. N.)
2d mortgage, (N. O. J. & G. N.)
1st mortgage, (Mississippi Central)
2d mortgage,
do
Chic. St. Louis & N. O. 1st mort. (for $13,000,000)
do
do
2d mort. (for $8,000,000)..
N. Y. City <6 Northern—1st mortgage
N. Y. A Canada—1st M., sterling, guar. D.& H. Can.
New York Central A Hudson River—Stock
Premium bonds
(N. Y. Central)
do
do
do
Bonds railroad stock
Bonds real estate
Renewal bonds
2d mortgage, sinking fund (Hudson River)
New
rtew mortgage
mortoae-e J $30,000,000 ? coupon or
j
£2,000,000 )
N. Y. City Elevated.—Stock
tered.
118877534-46-5..
Pref. stock (8 per cent)
1st mortgage, new
2d mortgage, now
common
1st mortgage
2d mortgage
General mortgage
bonds
Northern Central—Stock
1st mortgage, State (Maryland) loan
2d
3d
mortgage, sinking fund, coupon
mortgage, sinking fund, coupon
Consolidated mortgage, gold,
coupon
do
do
registered
Consol, mortgage, gold, s. fund, coup., $ or £
2d general mort., “A,” coupon
do
“B,” coupon, convertible
Northern, N. H.—Stock
Northei'n of New Jersey—Stock
Northern Pacific—New preferred stock
New Jersey Midland.—Defaulted after the panic of
1873 and funded coupons. The bondholders funded
coupons, but default was again made, and receiver
appointed: (V. 25, p. 114, 237, 303; V. 26, p. 142,
290.)
New J&'sey & New Yo?'k.—Consolidation of the
Hackensack & N. Y. and Hackensack Extension.
The old bonds are about $iU0,00G.
Hackensack
branch noticed for sale May 29, 1878. (Y. 24, p. 136,
158, 249, 299, 321; V. 25, p. 253.)
Nito Jersey South'n.—Foreclosure pending. There
also $120,000 bonds on Tams Riv r Br., and
$1,010,000 2d mort., and $5,300,U0) conso'. mort. Net
were
earnings, 1875, $109,276.
(Y. 25, p.511, 592.)
New London Nwthern.—^perated under lease till
1891 by Vermont Central for $150,009 a year; in¬
come of Co., in l«76-7, $212,334.
Net earnings of
(V. 23,
p. 60 j.)
New Orleans, Mobile & Texas— The Western Dieion was sold Nov. 18, 1874, and the East. Div. is
operated by the mort. trustees. Int. in default since
1872. Gross earnings, 1877, $730,010; net, $390,6i5;
and less extraordinary .expenses,
p. 379; Y. 24, p. 370; V. 26, p. 34
$lo8, ISO. (V. 23,
1, 392, 575.)
N. O. St. L. & Chic.—Operated as a connecting line
With Illinois Central.
Formed by a consolidation
after foreclosure in 1877.
Gross e rnings. \<7,
$3,100,595: n**t earnings, $176,744. (V. 25, p. 212,
308, 432, 458, 531.)
Northern.—A re-organization of
(V. 27, p. 172.)
New York A Car ada.—The bonds
by the Delaware & Hudson Canal
through October, 1875. (V. 24,
615.)
are
guaranteed
opened
p. 180; V. 25, p.
Co. Road
New York Central A Hudson River —The mort¬
$40,"00,000 was to retire prior debt,
ana the balance for third and fourth
track, &c.
The Harlem RR. was leased April, 1873. The fol ow¬
gage loan for
ing is a comparison of earnings, &c., for five years;
1,000
100
100 &c.
500 &c.
1,000
1,000
....
1,000
1,000
1876
1,000
100
50
50
....
-
....
1872
1,000
1861
1872
500 &c.
500 &c
100
100
....
....
•..
™
.
....
459
459
i'39
86
139
....
1847
1849
1853
1857
1858
1861
1863
1865
1870
1,000
1,000
1,000
1,000
500 &c.
100 &c.
1,000
£200
1874
1,000
1,000
1873
1,000
1864
1876
1,000
141
12k
334
62
12
50
223
223
223
102
102
102
102
58
56
56
317
138
138
138
138
138
138
138
138
100
1873
1869
100 &c.
100
....
1860
1869
1,000
1,000
100
100
’67-’6 8
500
50
50
1869
500
1869
500
50
500 &c.
500 &c.
....
....
....
....
....
.
.
.
50
.
....
....
1855
1865
1868
1868
’74-’75
1876
1876
21
21
1,800,000
4,000,000
89,428,300
6,632,900
74,500
592,000
162,000
2,391,000
1,794,000
18,465,000
9,733,333
5,000,000
7,000,000
7,500,000
1,550,000
10,500,000
107,704
1,500,000
78,000,000
8,536,910
2,483,000
2,174,000
4,852,000
2,937,000
709,500
182,600
3,000,000
4,457,714
12,076,000
14,400,000
10,000,000
5,685,000
928,000
376,000
15,500,000
2,000,000
8,000,000
3,000,000
50,000
2,000,000
3,000,000
1,000,000
210,000
899,350
1,000
1,000
1,000
....
....
1
500 &c.
£100<fec
100
500 &c.
500 &c.
1873
1873
959
2,941,000
....
500 &c.
500 &c.
1,000
1,000
1,000
1,000
1,000
100
....
1878
Too
550
Gross
Net
88,000
.
820,000
234,000
3,978,150
1,930,500
1,500,000
2,035,000
5,842,000
1,500,000
1,490,000
1,126,000
2,599,000
205,000
4,518,000
3,000,000
1,000,000
3,068,400
1,000,000
1
7
or
4
4
7
7
3k
7
7
7
7
7
7
7
6 g.
7 g.
7 g.
7 g.
7
7
5
6 & 7
7 g.
2k
Sept., 1885
July, 1892
Jan. 1, 1915
July 1,1886
Oct. 1,1890
Nov.’74,’79’84
Nov.
Nov.
Dec.
1, 1886
1, 1897
i; 1907
J.
New York.
Jan.
J.
J.
N.
J.
N.Y., Gr. Central Depot.
do
do
do
do
do
do
0.
N. Y., Co.’s office.
& J.
do
do
& N.
do
d«
& S.
do
do
& S.
do
do
O.
do
do
& D.
do
do
& J.
do
do
& D.
do
’
do
& S.
London.
& S. Now York and London.
& D.
London.
do
Q.-J.
M. & S.
J. <fe J.
J. & J.
J.
& J.
Q.-J.
Q.-J.
July 1, 1878
May, 1900
Jan.
1, 1881
Oct., 1902
Oot.
Oct.
1, 1873
1, 1873
May 1, 1897
Sept. 1, 1879
Mar. 1, 1883
Oct. 1, 1880
June 1, 1888
July 1, 1891
Jan., 1893
8ept. 1, 1875
Sept. 1, 1920
Mar. 2, 1894
Jan. 1, 1903
1884
do
Jan., 1905
July 1, 1878
N.Y., Grand Cen. Depot.
1903
In default.
July 1,
N. Y., M. Morgan’s Sons.
Aug. 10,
do
do
Mayl,
do
do
July 1,
Company Shops, N. C. Sept. 15,
do
do
do
do
Charleston.
do
Philadelphia Office.
do
do
do
do
do
do
Baltimore & Philadel.
1894
1878
1880
1899
1878
Sept. 15, 1878
Nov., 1888
May, 1875
Sept. 1, 1899
Sept. 1, 1899
Aug. 26, 1878
Jau.
1. 1885
May 1, 1896
1903
April 1, 1876
Annapolis.
Irredeemable.
Baltimore, 1st Nat. Bk.
July, 1885
do
April, 1900
do
July, 1900
do
July, 1900
London & Baltimore.
July 1, 1904
Baltimore, 1st Nat. Bk. Jan. 1, 1926
&
&
&
&
&
&
&
&
j.
& j. J. City, Hudson Co. B’k.
0.
J.
J.
J.
D.
1, 1906
July 1, 1878
Boston.
J.
A.
J.
A.
J.
J.
J.
J.
J.
O.
J.
June, 1885
1, 1903
1, 1903
do
do
Boston, Office.
Jan. 1,
June 1,
1926
1878
1876
(?)
....
Cost of r’d
,
Income.
J.
M.
M.
M.
A.
J.
J.
J.
M.
M.
J.
&
&
&
&
&
&
N.
S.
S.
A.
J.
N.
J.
N.
p.
Earnings.
1895
1881
March 1,1893
Nov. 1, 1889
Oct. 1, 1878
Jan.
Jan.
&
&
&
&
&
&
&
<fc
349; V. 23, p. 549.)
N.Y Lake Erie & West. (Erie).—Foreclosure of the
Erie R’y. took place April 24,1878, undt-r the second
consol, mort and the road was purchased by E D.
Morgan, J. Lowber Welsh and David A. Wells for
$6, bO.OOo, on behalf of the London committee, and
re-organized as “New York Lake Erie & Western.”
Oct. 31, 1878. is the last date for old stockholders to
join in the new Co. The following comparison is
ror the years ending Sept. 30. The net result in 1876-7
was a nominal deficit of $1,391,084, afier
charging
off full interest on the debr, and rentals, &c.; a
similar deficit of $1,229,630 iu 1875-6, aad $! ,653,166 in
1876-7
Stocks—Last
Dividend.
do
do
do
do
London.
M.
M.
M.
F.
J.
M.
J.
M.
The Fourth avenue horse
railroad and real estate was retained, and an extra
dividend made in April is from profits of this line.
New York, Housuionic A Northern.—Foreclosure
Net
& D.
& J.
& J.
4
8
8
2 s.
6
7
7
3
6
6
6
6 g.
6 g.
6 g.
5
6
2-30
2
6
bonds.
Gross
J.
J.
J.
Bonds—Princi¬
pal, when Due,
May. 1908
May 1,1904
Q.-J. N.Y., Gr. Central Depot, Oct. 15,1878
M. & N.
do
do
May 1,1883
M. & N.
do
do
May 1,1883
M. & N.
do
do
May 1,1883
M. & N.
do
do
May 1,1883
J. & D.
do
do
Dec. 15, 1887
N.
J.
S.
S.
N.
New York A Harlem.—Leased to N. Y. Central
at 8 percent per annum (payable J. & J.) on stock,
1674-5:
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
.
(Y. 21,
New London, Office.
O. N. Y., B’k of N: America
D.
do
do
J. New York, Co.’s Office.
J. New York, Co.’s Office.
O.
do
do
N.
do
do
A.
do
do
N.
do
do
D.
do
do
N.
New York.
N. London, Baring Bros.
Q.—J.
A.
J.
J.
J.
A.
M.
F.
M.
J.
M.
M.
M.
J.
M.
M.
M.
28,046,588 11,922,417 40,491,263 97,822,811
5.9,027,218 11.765,111 40,003,667 96,355.774
31,690,386 13,262,089 38,181,742 92,506,503
1872-3
29,126,851 11.484.863 27,725.533 78.014,954
(V. 22, p. 41,591; V. 23, p. 329, 598; Y. 24, p. 542;
Y. 25. p. 640; V. 26. p 315, 575.)
N. Y. City Elevated — Securities admitted to N.
Y. Stock Board Jan., 1877. Bonds are p tyable after
1897 at 105. A first mortgage of 1872 was cancelled.
General statement V. 27, p. 280. (Y. 24, p. 41; Y.
26, p. 65.3; V. 27, p. 2 80.)
pending.
& A.
N. Y., Co.’s Office.
& A.
do
do
& S. New York and London.
& N.
In default.
6
7
3
3
8
1875 6.
on
F.
F.
M.
M.
!*•
Receipts. Receipts.
Debt.
&equip’t.
1876-7. $26,573,085 $11,63 ',924 $30,335,415 $99,142,408
ftnd interest
Where Payable, and by
Whom.
Payable
6 g. J.
J.
J.
M.
J.
A.
41,910,976
Funded
When
lk
6
7
or 7 g.
8
8
7
8
7
6
7
6 g.
2
6
6
6
6
6
•
7
7
6 g.
1,791,000
....
1854
7 g.
7
7 g.
7
1,500,000
896,500
1,600,000
500 &c.
100 &c.
840
840
....
_
1,000
....
Rate per
Cent.
1,500,000
916,000
2,120,000
1,500,000
300,000
387,500
4,000,000 8
1,000
....
82k
mortgage, extencled
N. Y. City A
N. Y. & Boston.
.
60
exchangeable for 2d mort.
North Pennsylvania—Stock
road, $187,312.
.
132
Long Dock Co. mortgage
Sterling bonds, convertible, £1,000,000
.1st consolidated mortgage, gold (for $30,000,000)
2d consolidated mortgage, 5-20, (for $40,000,000)
New bonds (debentures) convertible till 1883
N. Y. dk New England (Host., Hartf. dk Erie)—Stock.
1st mortgages, old
1st mortgage, new
New York, New Haven, dk Hartford—Stock
Harlem & Portcbester, 1st mortgage guaranteed.
N. Y. dk Oswego Midland—1st mortgage, gold
N. Y., Prov. dk Boston— (Stonington)— Stock
Extension mortgage.
Mortgage bonds
Northeastern (S. C.)—Stock,
1853
1854
1853
3.32
N. Y. Housatonic A Northern—1st
mortgage
N. Y. Lake Erie A West. ( krie)—Stock, common
Preferred stock (7 p. c.y’rly, not cumulative)
1st mortgage (extended in 1867 to 1897)
2d mortgage, convertible (extended to 1879)
3d mortgage
4th mortgage, convertible
5th mortgage, convertible
Buffalo Branch Bonds
1st
.
....
First mortgage
North Carolina—Stock, common
Preferred stock
$3,000,000
1878
1874
....
.
regis-
,
100 &c.
1877
1877
....
Sinking fund
$100&c.
1871
1873
1869
1,000
....
Amount
1870
1856
1860
1854
1865
mm
INTEREST OR DIVIDENDS.
or
Outstanding
....
112
....
Size,
Par
Value.
1865
1872
1871
....
m
1st mortgage (for $12,000,000) $ or £
Nero Tork A Harlem—Common stock
Preferred stock
Consol, mort., coup, or reg. (for $12,000,000)
do
Date
of
of
Road. Bonds.
N. J. Midland—1st mort., g’ld, guar, by N.Y.& O
2d mortgage, currency
New Jersey dk New York— 1st mort. (for $1,500,000)
N. J. Southern—1st mortgage
New London Northern—Stock
Bonds, B. & N. F. stockholders
XXV
Interest,
Rentals, <fcc.
$14,7.18,889
$4,636,717
$5,937,801
15,852,461
4.308,563
5,538.194
16,876,858
6,351.781
4,698,615
(V. 26, p. 95, 1'7. 192, 265, 290. 315. 342. 367. 391, 419,
444, 46», 49 >. 575,600,625; V.27,p. 40,173,200, 28 >,?03 )
N. Y. A N. England.—Formerly Bost. Hartf. & E.
Conveyed to the new company in July. 1875. Net
income, 1376-7, $239 852. (V.25, p. 590; Y. 26, p.
G7, 445; V. 27, p. 304.)
New York, New Haven A Hartford. Net income
1376-~, above interest charges, $1,601,683. (Y. 24. d
63; Y. 25, p. 640; V. 26. p. 290.)
F
New
York A
Oswego Midland.—Foreclosure
postponed indefinitely.
been
also
issued
to
sal
•
Receivers’ certificates have
large amount.
There
are
$4,000,000 2d mortgige bonds, $3,800 000 3d
mortgage equipment, and $1,-.01,000 consolidated
molt. (V. 2*, p. 4:1,542; V. 25, p. 61 5
; V. 26, p. 5(90.)
New York, Providence A itosfon.—Annual
report
for fiscal year ending Sept. 1, 1877, showed net earn¬
ings $3- 8,997. leaving a balance of $8«,65l carried
to new account, against $1 >3,536
brought foiward
in 1876.
(Y. *3, p. 621; V. 25, p. 591.)
North Carolina.— Leased September, 1871. to Rich¬
a
mond & Danville Railroad at $26i>,000
per annum.
In March, 1875, the gauge was changed.
Dividends
of 6 p. c. are paid on stock, of which the State of
No.
Car. holds $3,000,009. (V. 21. p. 39 <; V.
-.4, p. 565.)
Northeastern, S. C.— Gross earnings in 2876-7,
$329,071; net, $128,032. (Reports V. 24, p. 88, and
Y. <5. p. 617.)
North Pennsylvania— Gross receipts in year
1870-7,
$1,482.7 5: net, $562,016. (V. 22,p.l 34: V. 24. p.62.)
Northet'.i Central.—Tee annual report for 1877
shows gross
earn’gs, $J,«70,887; expenses. $2, 45,9:4;
The total net income in 1877 was
$1,575,047; $1,513,342 was paid for interest and
rentals, leaving a balance of $61,7 5
Und r the
general mortga.e of IS?*-, $1/00,0 >0 more may he
issued, as senes “C.” (V. 22, p. 257; V. 24, p 233,
421. 4'>o; V. 26, p. 314.)
net, $1,324,4 )2.
Northern N. Hampshire.—Net income fiscal year
1877-8 was $117,13». (V. 24, p 54 l: V. 26.
p. 5 6.X
Northern of N. Jersey.— Operated by Erie und- r
lease. Gross earnings in : 877 were $23 M-jB. Bonds
due in lb7$ were paid or extended at 6
per cent
interest. (V 26, p. 600.)
Northern Pacific.—Bold Aug. 12, 1875, for $109,000.
and pref. stock issued-to bondholders at the rate
of $1,400 for each $1,000 bond.
This stock is ex-,
changeable for land at its par value. i ‘ommon stoeg
issued is $13/55.500. (V. 25. p. 807, 470,
619; Y. *6,
p. 18, 415, 519; V, 27, p. 173, 3-0.)
ItAILKOAD
xxvi
Subscribers will confer
a
STOCKS
AND
BOND".
fV0L. XXVII.
great favor by giving immediate notice of any error discovered In these Tables.
DESCRIPTION.
Bonds—PrinciINTEREST OR DIVIDENDS.
Miles Date Size, or
pal, When Due.
Amount
For explanation of column headings, &c., see notes
of
of
Par
Rat© per When Where Payable, and by
Stocks—Last
at the head of first page of tables.
Road. Bonds. Value. Outstanding
Cent.
whom.
Dividend.
Payable
Norwich & Worcester—Stock
New bonds, coupon
Oedensbura <£ Lake Champlain—Stock
Preferred stock
66
*122
118
Spring. Div. (Sp.&Ill. SE.) IstM. (for $3,000,000).
Old Colony—Stock
Bonds
Bonds
Bonds
Bonds
Bonds
393
393
148
393
393
393
....
228
269
....
....
•
m~m mf
....
....
gold bds (for $640,000)
Orange <£• Newark—1st mortgage
Oregon <& California—1st mortgage
Oswego <& Rome—1st mortgage guaranteed
40
9
200
2812
Income
mortgage bonds
Oswego & Syracuse—Stock, 9
....
per
cent guar
35
Mortgage bonds
35
Consol,
mortgage (guar. D. L. & W.)
Paducah <£ Elizabethtown—1st mortgage
2d mortgage, income
Panama—Stock
General mortgage, sterling, (£1,000,000)
Parts dc Danville.—1st mortgage, gold, sinking fund
Paris & Decatur, (Ills.)—1st uiort., g’d, sink. I’d
Pekin, Lincoln d- Decatur— 1st mortgage
Pennsylvania—Stock
1st mortgage
Gen. M., Ph. to Pitts., coup., J. & J.; reg., A. & O.
State lien (pay’blein annual inst’lm’ts of $460,000)
Consol. M., coup. J. & D., & reg. Q.—M. ts. 1.1 p. c.)
Navy Yard bonds, reg
Car Trust bonds (sinking fund 10 per cent)
186
186
47
47
103
75
67
1669
355
....
....
....
....
Preferred stock...
1st mortgage, s. f.,
(held by Pennsylvania RR.)...
Reg. bds (for $3,200,000) sec. by P.F.W.AC.sp.st’k
Pennsi/lvania <£ Delaware—1st mortgage
2d mortgage
Pennsylvania <£ New York—1st mort., guar
1st mortgage, guaranteed
Peoria & Bureau Valley—Stock
Peoria, Pekin <£• Jacksonville— 1st mortgage
2d mortgage
Perkiomen—1st mortgage
Consol, mort., gold, guar. P. & R., (siuk. fund)
39
39
105
105
46
83
83
38
82
82
82
36
36
10
287
(payable $25,000 yearly)
Philadelphia <& Balt. Central—1st mort. (Pa)
2d mortgage (Pa.)
1st mortgage (Md.)
Philadelphia <£ Erie—Stock,
....
38
Petersburg—Stock
common
Preferred stock
1st mort., Sunbury& E. (extended 20 years in ’77).
1st mortgage
2d mortgage
($3,000,000
are
sterling)
2d mort., gold (for $20,000,000), guar by Pa. R...
Philadelphia <£ Heading—Stock, common
Preferred stock
(Extended in 1877.)...
Norwich <fc Worcester— Leased February, 1S69. to
Boston, Hartford & Erie for ICO years at 10 per cent
per annum on cost. Dividends paid of 10 per cent
perannum. Gross receipts in 1876-7, $717,012; net
$264,795. (V. 21, p. 590; V. 23, p. 348.)
Ogdensburg &L ike Champlain.—Leased in March,
1870, to Vermont Central, but lease failed and prop¬
erty reverted to owners Apri', ls77. Gross earn¬
ings, 1877-8, #598,252; net tamings, $253,176. (V. 25,
p. 39, 237. 433; V. 27, p. 14, 20J.)
Ohio & Mississippi.—There are also $97,000 of old
1st mortgage 7s, W. Div., yet out. The
company
purcha-eti the Springfield Road, March, 1875, for
$2,000,000 in bonds secured on that road. Nov. 17,
1876, receivers were appointed, and afterwards Mr.
King was made sole receiver, heceiver’s last re¬
port in V. 2r>, p. 214.
Interest or 1st mortgage
paid about six months after it ernes due. (V.
26, p. 135, 1 <2, 2 14, 265. 3t8, 392, 496, 523, t25; V.
27, p. 42, 143, 1.3, 28i, 04.)
Old Colony. —Net income over
operating ex¬
penses and interest, $40i,435 in 18?*i-7, a amst
$4U6,835in 1875-n. (V.23,p. 86, 5uO; V.25, p. 48i.)
is
Omaha tfc Northwest.—Some bonds and coupons
to be sold in forec.osure.
(V. 22, p. 79; V. 23, p 175; V. 27, p 42.)
exchanged for lands. Road
Oregon & California—After default in 1873 com¬
promise m ole with bondholders. Gross e irnings
1876, $=76,791; net, $2.0,090. In 1876 2 per cent
was paid on bonds.
(V. 24, p. 421; V. 26, p. 3jo.)
Oswego & Rome—Operated by the Rome, Waterown & Ogdensburg at 8 per cent on
$30J,000 stock,
and interest on first mortgage bonds.
Oswego & Syracuse.— Leased to Del. Lack. & West,
for interest on bonds and 9 per cent on stock.
Paducah & Elizabeth own.—This road organ;zed
after sale of Louisvi le Paducah & 8. W.; has bonds
outstanding as above. Net earnings 1877-8, $58,U67.
(V.26, p. 573.)
Panama.— Last statement, V. 26, p, 341. (V. 26,
p.217, 341,625, i53.)
100
100
3,077,000
2,000,000
154,000
1,000
1,000
1877
100
100
....
1862
1868
1868
1871
1873
1874
....
1871
40
287
287
287
....
779
779
779
779
779
....
779
174,000
112,000
3,864,000
140,000
1,915,000
6,733,800
390,000
150,000
1,692,000
-
100
500 &c.
1860
1874
1875
1876
1877
1871
1,000
500 000
1,100,000
1,450,000
1,000
....
....
1870
1865
1866
1,000
1,000
50
58*64 500 &c.
1876
1 000
1877
1,000
1877
1,000
100
1867
£200
....
.
1873
1872
1871
1,000
500
1,000
50
....
....
1870
1,000
1,000
....
1873
1,000
1875
50
50
i*877
1,000
1877
1873
1873
1866
1866
1,000
1864
1870
1867
1873
,
1,000
1,000
100
500 (fee.
1,000
1866
1857
1861
1868
1869
(?)
546,000
10,950,000
350,000
200,000
1,320,400
124,000
4*2
7
7
8
7
3
7 g.
7
7 g.
7
1,200,000
7,000,000
3,905,000
2,500,000
1,200,000
1,076,000
68,870,200
4,970,000
19,999,760
4,572.110
29.250,000
1,000,000
3,000,000
3 000 000
8,000,000
7,000,000
1,500,000
1,083,000
519,000
1,500,000
1,500,000
1,200,000
6 g.
’3’
500,000
300,000
8
i,ooo;ooo
1,000,000
1
324 *>on
800.000
7
7
6
400,000
300,000
2,400,000
1,000
1,000
1,000
1,000
50
50
976,000
5,000,000
3,000,000
8,680,000
32,726.375
1,551,800
1,000
1,510,500
1843
1867
1868
£100
£500
1,000
100 &c.
79,000
182,400
967,200
134,400
1,135,300
1868
1,000
2,700,000
6 & 6 g.
7
6 g.
2*2
3*2
6
6
5 g6
7
6
7
Paris <& Decatur.—Consolidation. Now Illinois
Midland. (V. 19, p. 351; V. 21, p. 613.)
Pekin
Wabash
Lincoln <fe Decatur.—Leased to Toledo,
& Western. Sold in foreclosure June 10,
1876, and reorganized. In 1876-7 net earnings were
$54,142. (V. 22, p. 247; V. 23, p. 100; V. 26, p.
290.)
Pennsylvania.—Vac, report for 1877 is given in V. 26,
p. 238, and shows surplus net income of $1,020,398 after paying all possible charges and 3V% per
cent dividends. In 1874, by the report of
the
Investigating Committee, the liability as a guarantor
of principal and interest was on
$33,953,600 bonds;
annual liability additional, an guarantees of interest
rentals, $13,862,31°, and probably there has been
no great change since.
A scheme to buy up the
company’s guaranteed securities with $100 0 K) per
month from earnings, and issue a 4per cent
scrip to
or
stockholders for th • cash so used, was adopted by
stockholders on Mart h 26, 1878. The following is a
statement for two years on all lines east of Pitts¬
burgh:
Gross
Net
Earnings.
Earnings.
$10,154,417
$31,117,146 r
33,191,060.
12,834,385
(V. 26, p. 18. 95, 166, 217, 238, 265, 277, 315, 420,
519; V. 27, p. 42, 97, 200, ,;04.)
....
Penr>sylvan:a Company.—The Pennsylvania Com¬
pany is a corporation distinct from the Penn. Rail¬
road, and operate-* all the leased lines west of Pitts¬
burg. The stock is owned by the Penn. Railroad.
In 1877 the net income over rentals,
interest, &c.,
was $<85%0)>, and advances to railroads
charged off
$354,' 25. The reg stered bonds are secured by de¬
posit of $l,(0J,0 '0of Pitts., Fort Wayne & Chicago
(V. 23,
p.
2dl.)J
J.
M. & S.
Mar. 1. 1875
A.
J.
J.
A.
M.
April. 1, 1882
Jan. 1, 1898
Jan. 1, 1898
April, 1911
New York, Office.
& O.
do
do
& J.
do
do
& J.
London.
& 0.
New York, Office.
& N.
do
do
1st
coup, due Nov., ’77
J. & J.
Boston, Office.
Various
do
A. & O.
do
M. & S.
do
J. <fc D.
do
M. & S.
do
F. & A.
do
J. & J.
N. Y., Kountze Bros.
M. & N.
Newark, Office.
A. * O.
Frankfort O. M.
M. & N. N.Y.,Farmers’ L.*T.Co.
F. & A.
do
do
F. & A. N. Y., Del., L. & W. RR.
M. & N.
do
do
M & S
do
do
F. & A. N.Y., Treasurer’s Office.
do
do
April.
Q.-J.
A.
J.
J.
F.
&
(fc
&
&
New York, Office.
&
J.
Q.-J.
A. & O.
Philadelphia, Office.
do
do
Philadelphia & London.
Philadelphia.
Q.-M. Philadelphia* London.
J.
Philadelphia, Office.
J. &
*
^
May 1, 1883
Nov. 1,
1905
July 1, 1878
1881
Oct. 1, 1880
March,
1894
.Tnnft 1
1 ftQS
Sept. 1, 1896
Aug. 1, 1897
Jan., 1901
April 1, 1890
May, 1915
Feb., 1891
Aug., 1878
1880 & 1885
1907
Feb. 1,1897
Feb. 1,1897
Aug. 1, 1878
O.
London.
Oct.10,1884-97
J.
New York, Office.
Jan. 1, 1903
J. New York and London. July 1, 1892
A. N. Y., T. W. & W. RR.
Feb., 1900
Q--F.
J.
May 29, 1877
Jan., 1880
1910
Annually.
Juue 15,1905
1881
•
A. & O.
F. & A.
F.
A.
J.
J.
F.
J.
A.
A.
J.
J
J.
J.
J.
J.
J.
7
Paris & Danville.—Of these bonds, $450,000 were
given for coal mines at Danville, which are covered
(1,230 acres) by the mortgage. To be sold Oct. 2,
1878. (V. 26, p. 592.)
special stock.
J. New England Trust Co.
July 6, 1878
S. Boston, N. E. Trust Co. March 1, 1897
J.
Boston, Office.
July 10,1876
O.
do
Apr. 1, 1878
J.
do
Jan., 1879
S.
do
Mar., 1890
& J.
do
1897
Pittsburgh, Co.’s Office.
Philadelphia.
&
&
&
&
&
&
&
&
&
&
A.
Philadelphia, Office.
0.
do
do
D. Phila., B’k N. America.
D.
do
do
A. N.Y.,Chic.,R. I. & Pac.
J. N. Y., Imp. & Trad. B’k.
O.
do
do
O.
Phila., 227 S. 4th st.
D.
do
do
J
& J. N.Y., Lancaster, B.&Co.
do
do
& J.
Philadelphia, Office.
& J.
do
do
& J.
do
do
6 053 700
50
1877
1876...
&
M. &
J. &
A. &
J. &
M. &
1*2
6
6
5
6
6
6
6
7
7
7
7
4
7
7
6
6 g.
3
8
621,000
1,000
6
7 g.
7
7
216,000
1,200,000
100 (fee.
100 (fee.
100 (fee.
50
7*30 g.
338 000
100
....
1843-9
1857
1836
'
1,000
100
1859
1869
7
7
6 g.
7
7
6
3
7
6
7
6
6
6
6,545,850
£200
1,000
1,000
1,000
3*2
4,030,000
1,000
1,000
J.
5
6
2
4
8
8
6
392,000
446,000
20,000,000
®
....
Mortgage loans inconvertible
loan mortgage, convertible
do
do
sterling
do
do
do
Doan mortgage, sterling.
Loan debenture.*
Loan mortgage
400,000
1877
Pennsylvania Co.r-Cominon stock
1st mort. bonds
2d mortgage
1869
1870
....
Mtssissippi—Stock,
$2,604,400
....
....
Chio &
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 sinking fund mortgage
Debenture sinking fund bonds (for $1,000,000)...
$100
1,000
....
122
Equipment bonds
Sinking fund bonds
Mortgage bonds for $600,000 (sinking fund)
Bonds
Omaha & Northw.—Land gr
1877
A.
A.
J.
J.
&
&
&
&
&
J.
O.
O.
J.
J.
Q.-J.
Q.-J.
J.
J.
J.
J.
T.
,T.
A.
& J,
& J.
&
&
&
&
&
J.
J.
J.
J.
0.
Oct., 1873
July 1, 1903
July 1, 1903
June 1,
1896
June, 1906
Aug., 1878
July 1, 1894
Oct. 1, 1900
Apr. 1, 1897
June 1, 1913
Jan., 1879-’9S
1902
Jan., 1879
Jan., 1900
Oct., 1891
Philadelphia, Pa. RR.
do
do
Oct. 1, 1897
Phila., Pa. Life & T. Co. March 31,1881
do
do
July 1, 1888
Philadelphia & London.
July, 1920
Philadelphia, Office.
Jan.25,1876
do
do
July 25,1876
do
do
July, 1880
do
do
July, 1886
London.
July, 1880
do
July, 1880
do
July 1, 1882
Philadelphia, Office.
July 1, 1893
do
do
Oct. 1, 1893
Pennsylvania & Delaware.—The lease of this road
Pennsylvania Railroad was ratified in 1874,
Previously operated under temporary lease.
Pennsylvania & New For#.—Operated in close
connection with the Lehigh Valley.
Net earnings
1875 6, $608,109. Dividend of 10 per cent paid on
preferred stock of $3,500,000; common stock is
$1,061,700. (V.24, p. 110.)
Peoria & Bureau Valley.—Leased perpetually to
Chicago, Rock Island & Pacific at $125,000 per year.
to the
Peoria Pekin & Jacksonville.—In year ending June
30, 1877, there was a deficit in earnings of $2,518.
Receiver appointed April, 1878.
Perkiomen.—Leased to Philadelphia & Reading.
Int. on consol, mortg., paid one-half in scrip of P.
& R. Company.
'
Petersburg.—Receiver appointed, May, 1877. (V.
36, p. 41, 523, 653.)
'
Philadelphia & Baltimore Central.—Operated for
some time past in Pennsylvania by
trustees of first
mortgage bondholders.
Phil., Wil. & Balt, largely
interested.
(V. 23, p. 526.)
Philadelphia & Erie.—Leased February, 1862, for
999 years to Penn. Railroad, but without any guar¬
antee of bonds. Gross earnings. 1877, $3,172,992;
net earnings, $1,13^.365.
Net deficit after paying
interest, &c., $264 185. (V. 22, p. 2U6; V. 24, p.
136, 248; V. 26, p, 166, 241.)
Philadelphia <fc Beading.— The report for 1876-7, is
given at length in V. 26, p. 65. President Gowen
reviews the year 1877, and gives the facts bearing
upon the Company’s financial^condition and pros¬
pects. The trustees of the general mortgage hold
the mortgage of the Coal & Iron Company. In
March, 1877, propositions were made and accepted,
by which holders of general mortgage bonds and
Perkiomen guaranteed bonds receive one-half their
coupons, for three years, in five-year 6 per cent
scrip; and holders of convertible and debenture
bonds take 6 per cent scrip in payment of their
coupons for five years. The scrip is convertible
„
September 28,
RAILROAD STOCKS AND BONDS.
1878.]
subscribers will confer
a
great favor by giving immediate notice of any error discovered In tbesc
Tables*
DESCRIPTION.
Miles
For
Date
Size,
or
Par
explanation of column headings, &c., see notes
of
of
at the head of first page of tables.
Road. Bonds
Philadelphia dk Reading—(Continued)—
Consolidated mort., dollar loan, coupon
779
779
or reg—
do
do
gold, $ or &, coup
do
do
dollar loan, gold,coup, or reg
Debenture loan (convertible 1876-92), coup
779
....
Improvem’t mort., $ or £, sink’g fund, coup
Gen. mort., $ and £ (sink, fund 1 p. c. yearly)
Income mortgage (for $10,000,000)
Debenture and guar, bonds, 6 per cent cur’cy scrip
Gen. mort. and Perkiomen 6 per cent ster’g scrip
Coal & Iron Co., guar. mort. (ror $30,000,000).
do
debentures, guaranteed
745
750
Philadelphia dk Trenton—Stock
Philadelphia, Germantown dk Norristown—Stock
26
34
Philadelphia, Wilmington & Baltimore—Stocks.
1X2
1st mortgage, convertible
Plain bonds, loan
do
do
do
do
Pittsb. dk Connellsville.—1st mortgage—
1st
do
Turtle Creek division
Consol, mort., guar. B. & O. (s. f. £7,200 pr. yr.)..
Pitts., C. dk St. L.—lstm., cons, (for $10,000,000)
2d mortgage
1st mortgage, Steubenville & Ind., reorganized...
Col. <fc Newark Division bonds
95
do
B
O
D
E
F
G
H
I
K
L
M
Bonds
all cou¬
pon, but may
be made payar
.
•
•
•
•
•
•
-
•
•
468
468
468
468
468
468
468
468
468
468
468
468
468
468
468
.
.
•
200
117
33
.
.
•
149
200
Pittsburg, Ft. Wayne & Chicago—Stock, guar
Special improvement stock, guaranteed
let mortgage (series A).
do
do
do
do
do
do
do
do
do
do
•
149
10
.
do
do
do
do
do
do
do
do
do
do
do
do
ble to order.
.
.
.
.
Pittsburg, Ft. Wayne & Chic, construction bonds.
Equipment bonds (renewed)
Pittsb. Titusville dk Buff.—1st mort. (W. & F.RR.)—
1st mortgage (Oil Creek RR.)
1st mortgage (Un. & Titusville RR.)
New mortgage (Pitts. T. & B.)
Funding income bonds (P. T. & B.)
Pittsb., Va. dk Charleston^— 1st mortgage, gold
Portland & Ogdensb.—1st mort., E. D., gold
New mortgage (for $3,300,000)
1st mortgage, Vermont Div., gold
Portl: & Rochester—1st mort., s. f. (Portl. loan) “A”.
1st mortgage, equal lien
2d
do
(Portland loan) sinking fund, “B”.
ho
38
,
Portland. Saco dk Portsmouth—Stock.
l9t mortgage, gold
Port RoyaL(S. C.)—1st mortgage, convertible, gold.
Portsmouth, Gt. Falls & Conway—Stock
Bands (not mort.) guaranteed by Eastern RR
Providence dk Worcester—Stock
First mortgage bonds
New bonds
Value.
1871
1,000
1,000
1,000
1,000
1,000
1,000
1874
1876
25
120
30
90
80
10 &c.
90 &c.
1,000
....
100
50
50
500
....
....
....
1858
1867
1,000
1872-4
1,000
1875
1,000
1868
1,000
1859
100 &c.
1876
£200
1868
1,000
1873
1,000
1864
1,000
1864
1,000
100
1871
100
1862
500 &c.
1862
500 &c.
1862
500 &c.
1862
500 &e.
1862
500 &c.
1862
500 &c.
1862
500 &c.
1862
500 &c.
1862
500 &c.
1862
500 &c.
1863
500 &c.
1862
500 &c.
1862
500 &c.
1857
1,000
1874
1,000
1865
1,000
1862
1,000
1870
500 &c.
1876
100 &c.
100 &c.
1876
--
.
1,000
1870
1871
1871
....
100 &c.
5212 1867-9 500 &c.
52is
5212
52
52
111%
71
71
67
44
,
•
Raleigh dk Gaston—1st mortgage.
Reading dk Columbia^- 1st mortgage, coupon
2d mortgage, coupon
Reading dk Lehigh— 1st mortgage (Berks Co. RR.)..
Rensselaer dk Saratoga—Stock
1st mortgage, consolidated (for $2,000,000)
_
97
39
39
41
181
79
Richmond dk Danville—Stock
State sinking fund loan
1870
1871
1,000
100
500 &g.
100
1872
1864
1,000
■
....
•
loo &c.
1,000
-
100
1871
199
Bonds, guaranteed by State
500 &c.
500 &c.
100
1876
1869
1870
1877
1873
1862
__
1,000
100
10
3d mortgage, consolidated, coupon or registered.
New geueral mort., gold (for $6,000,000)
Piedmont branch, 1st mortgage
142
49
29
Northwestern, N. C., 1st mort., guar
Rich'd, iredericksburg dk Potomac—Bonds, ster
1867
1874
1,000
•
1873
Dollar loan
Coupon bonds of 1881
....
into income mortgage bonds. (See V. 24, p. 299)
A comparison of statistics for three years is as
follows:
1874-5.
Gross earnings..
Op. expenses
Net earnings
.
1875-6.
1876-7.
$12,660,927 $12,227,511 $12,149,910
8,130,159
8,510,350
7,751,693
$4,530,768 $3,717,161 $4,391,217
(V. 25, p. 592, 641; V. 26, p. 65 84, 166, 217, 316,
393, 445, 496, 575, 653; V. 27, p. 122, 223.)
,
Philadelphia & Trenton.—Leased to Pennsylvania
Railroad with United New Jersey companies at 10
per cent on stock.
Philadelphia, Germantown dk Norristown.—Leased
Philadelphia & Reading at 12 per
for 999 years to
cent, on
stocks
Philadelphia, Wilmington dk Baltimore.—Net earn¬
ings, year ending Oct. 31, 187T, $1,1*.3,426, leaving a
cumins income of $98,921 above payment of all
charges and 8 per cent dividends.
Last annual
report in V. 26, p. 191.
(V. 25, p. 133.)
*■
Pittsburg dk Connellsville—On Jan. 1, 1876, a trans¬
fer was made by City of Baltimore to Baltimore &
Ohio Railroad for $1,000,000, and the consolidated
mortgage made for £2,200,000, and guaranteed by
B. & O.
Gross earnings 1876-7, $1,388,434; net
$406,418. (V. 24, p. 135.)
Pittsburg, Cincinnati dk St. Louis.—This company
leases several roads and is itself controlled by the
Pennsylvania Co., which holds a majority of the
capital stock. Common stock, $2,508,000; 1st pref.,
$2,928,600 ; 2d pref., $3,000,000. Gross earnings in
1877 of road proper $3,097,962; net, $1,075,049; sur¬
plus over interest, &c,. $302,141. Loss on lea-ed
fines, &c.« $433,926. (V. 25, p. 619; V. 26, p. 200,
415, 496, 523; V. 27, p. 97, 200, 304.)
PUtsburg, Fort Wayne dk Chicago.—This road
....
INTEREST OR DIVIDENDS.
Amoimt
Outstanding
Rate per
When
Cent.
Payable
$1,000 $10,649,000
1871
1871
1873
1873
1877
1877
1872-4
1872
..
1st
1st
1st
let
1st
2d
2d
2d
2d
2d
2d
3d
XXYX
....
7
6 g6 g.
7
6
6 g.
7
6
6
7
7
6,999,000
968,000
10,499,900
9,364,000
19,686,000
1,803,000
2,820,000
1,708,000
13,036,500
1,731,000
1,259,100
2^
3
4
6
6
6
6
7
6
6 g.
7
7
6
7
2,231,900
11,561,250
265,000
1,000,000
700,000
800,000
4,000,000
326,600
6,500,000
6,222,000
2,500,000
3,000,000
775,000
19,714,285
5,669,327
875,000
875,000
875,000
875,000
875,000
875,000
860,000
860,000
860,000
860,000
860,000
860,000
2,000,000
100,000
1,000,000
1,500,000
580,000
500,000
1,155,000
315,933
1,583,000
800,000
1,577,960
2,300,000
700,000
350,000
450,000
1,500,000
500,000
2,500,000
770,000
486,000
2,000,000
500,000
650,000
658,000
650,000
350,000
1,500,000
7,000,000
1,925,000
1%
1%
‘
7
7
7
7
7
7
6
6
6
6
7
6
3
6
7
3
6
2
6
6
7
7
7
g.
g.
gg-
Stocks—Last
Dividend.
J. & D.
Philadelphia, Office.
J. & D. Philadelphia & London.
J. & D.
Philadelphia, Office.
J. & J.
do
do
A. & O. Philadelphia or London
J. & J. London & Philadelphia.
J. & D.
Philadelphia, Office.
J. & J.
*
do
do
J. & J. London &
Philadelphia.
Various
do
do
M. & 8.
Philadelphia, Office.
June, 1911
June, 1911
June, 1911
1, 1893
Oct. 1, 1897
July 1, 1908
Dec. 1, 1896
Jan.
July, 1882
July, 1882
1892 to ’94
1892
Q.-J.
Q.-M.
J.
J.
A.
A.
A.
J.
F.
J.
F.
A.
Oct. 9, 1878
Philadelphia, Office.
Phila., Treasurer of Co. Sept. 3, 1878
J. Philadelphia & Boston. July 2, 1878
J.
do
do
July, 1884
O.
do
do
April, 1887
0. Phil’delphia, Co/s Office Oct. 1, 1892
&
&
&
&
&
&
&
&
&
&
0.
do
do
April 1, 1900
J. Balt., Balt. & Ohio RR.
July, 1898
A. Pittsb., First Nat. Bank
Aug. 1,1882
J. London, J.S.Morgan&Co Jan. 1,1926
A. Phila., Pa. RR. Office.
Aug. 1, 1900
0.
do
do
April 1, 1913
M’nthly N. Y. Agent, 57 B’way.
& J. Phila., Pa. RR. Office.
Q.-J. N. Y., Winslow, L. & Co.
May, 1884
Jan., 1890
July 2, 1878
July 1, 1878
July 1, 1912
July 1, 1912
July 1, 1912
July 1, 1912
July 1, 1912
July 1, 1912
July 1, 1912
July 1, 1912
July 1, 1912
July 1, 1912
July 1, 1912
July 1, 1912
July 1, 1912
Jan. 1, 1887
Mch. 1, 1884
Feb. 1, 1896
Apr. 1, 1882
July 1, 1890
J.
do
do
do
do
do
do
do
do
do
do
do
do
do
da
do
do
Q.-J.
F.
M.
A.
M.
J.
A.
J.
M.
F.
A.
J.
F.
F.
A.
J.
M.
M.
J.
A.
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
*do
& A.
& S.
& O.
& N.
& D.
& 0.
& J.
& S.
& A.
Philadelphia, Office.
& 0.
do
do
& J.
do
do
& A.
do
do
& A.
do
do
& O.
Philadelphia.
& J. Boston, First Nat. Bank
& N.
do
do
& N. New York and Boston.
& J. Boston, Columbian B’k.
& O.
do
do
Various
J. & J.
g.
g.
Payable, and by
Bonus—rrmoi-
pal, When Due.
Whom.
J. & J.
F. & A.
M. & 8.
A. & O.
M. & N.
J. & D.
J. & J.
8
do
do
Boston, Office.
do
do
N. New York and Yrondon.
J. Best., Eastern RR. Co.
D.
do
do
J.
Providence, Office.
J.
do
do
do
do
Feb.
Feb.
1, 1896
1, 1896
April 1, 1902
Jan., 1900
Nov., 1901
May, 1891
July 1, 1887
Oct. 1, 1887
Sept. 1, 1891
July 10, 1878
....
M.
J.
J.
J.
J.
&
&
&
&
&
Nov. 1,
July 15,
Dec. 1,
July 1,
July 1,
1897
....
Jan., 1898
....
M. & S. N. Y., Union Nat. Bank.
J. & D. Columbia, First Nat.B’k
1889
1873
1892
1878
1880
Mch. 1, 1882
June, 1884
Nov., 1902
J. N. Y., Nat. B'k Com’rce. J'lly
1, 1878
N. N.Y., Del.& H.Canal Co.
Nov., 1921
-
....
4
7
4,000,000
508,486
124,200
1,767,500
1,472,000
500,000
500,000
67,778
299,917
450,000
7
7
7
7
7
7
7
7
7
7
7
7
7
7
Where
....
J. &
M. &
...
....
6
6
6
6 g8
J <te J.
J. & J.
M. & N.
670
A. & O. New York or Richmond
J. & J.
London.
6
£•
6 & 7
8
Richmond, Office.
1880
Jan. 1,1875
1878 to '90
do
N.
Y.,City Nat. Bank.
do
....
do
1888
....
Various
& J.
J.
Richmond, Office.
1875
1875
do
1881-’90
leased
July, 1869, for 999 years, to Pennsyl¬ cent for two years. (V. 21, p. 372, 434, 592; V. 22, p,
Railroad, at a rental equivalent to interest, 568; V. 24, p. 445, 5*2.)
sinking fund of debt, and 7 per cent on $19,714,286
Port Royal.—'The Georgia Railroad
stock, whhh was increased at that time from
guarantees
$11,500,000. The lease was transferred subsequently $500,000 of these bonds; sale in foreclosure was
made June 6, 1878, to Union Trust Co. f.r
to the Pennsylvania Company.
The lessees to keep
$503,000.
the road in repair, and also pay taxes, expenses, (V. 25, p. 9J; V. 26, p. 95, 496, 654.)
etc.
Pittsburg, Fort Wayne & Chicago leases the
Portsmouth, Great Falls dk Conway.—Opened in
Newcastle & Beaver Valley and the Lawrence roads;
which in turn are leased again by Pennsylvania Com¬ 1872, and leased to Eastern Railroad, Massachu¬
setts.
New 4)4 per cent bonds for
$1,000,000
pany. New stock of $5,6t9,327, issued to Penn.
Railroad for improvements, &c., is under article 16 authorized, and new contract of lease. (V. 27. d.
15,
97,
115,
228.)
of lease. Net earnings, 1877, $2,956,146; profit to
lessee, $154,022. Sinking fund fo: d jnds amounts to
Providence dk Worcester.—Net
earnings year end¬
$2,J57,755. (V. 22, p. 588; V. 24, p. 5l6; V. 26, ing September 30, 1877, $239,695;
notes pavahle,
p. 523.)
$1,438,000.
Mortgage bonds for $2,000,0j0 au¬
thorized. (V. 23, p. 548; V. 25, p.
476; V. 26, p.
Pittsburgh Titusville & Buffalo.—'This was the Oil 94.)
Creek & Allegheny River road. Sold in foreclosure
Raleigh & Gaston.—Net earnings 1877-8, $107,185,
and re-organized Dec. 29, 1875. Defaulted August,
1878, on consol, bonds. (V. 25, p. 39; V. 27, p. 137.) against $85,749 in 1676-7. (V. 27, p. 94.)
was
vania
.
,
Reading dk Columbia.—This road
is operated and
Pittsburg Yirginia & Charleston.—Of these bonds’ controlled by the Philadelphia & Reading Railroad.
Pennsylvania Railroad owns $500,000. Net earn¬ Floating debt, $1,093,494.
the
ings, 1877, $34,640.
Portland dk Ogdensburg.—'The two divisions
consolidated March, 1875, as one company.
Reading & Lehigh.—This
were
In
March, 1876, Company passed the interest on
its bonds, and funding proposals were offered. Re¬
ceiver appointed October, 1877, and foreclosure suit
is pending. Report of commiltee and plan of re¬
organization, V. 26, p. 575. (V. 25, p. 138, 298, 335,
408, 533, 592; V. 26, p. 41, 81, 94, 575.)
Portland & Rochester—Interest in
receiver
for year
default, and
appointed in January, 1877.
The report
ending August 31, 1877, shows gross earn¬
ings, $133,896; expenses, $111,820. (V. 23, p. 354,
377; V. 24, p. 170; V. 25, p. 333.)
was the Berks
road;
County
sold out, and leased to Philadelphia <fc
Reading, March, 1875, for 99 years. Foreclosure
suit begun in Feb., 1878.
(V. 20, p. 63, 267; V. 26,
p. 266.)
Rensselaer dk Saratoga.—Leased May 1,
1871, to
Delaware & Hudson Canal Company, which
pays in¬
terest on bonds and 8 per cent on stock.
(V. 25. d.
615.)
'
■
Richmond dk Danville.—Gross earnings
1876-7,
$909,317; net, $292,591. This company leases the
North Carolina Railroad and the Piedmont
Railroad,
and controls the Char. Col. &
Aug. The Penn.
Railroad took $1,000,000 of the new bonds.
(V. 22.
80; V. 24, p. 298, 370; V. 26, p. 115.)
Fredericksburg dk Potomac
Gross
1871, to Eastern Mass. Railroad for 99 years at 10 earnings 187*-76, $367,969; expenses. $177,793; net
per cent per annum; modified Dec., 1875, to 6 per earnings, $190,175. (V. 23, p. 6 21; V. 27, p.
68, 85.
Portland, Saco dk Portsmouth—Leased March 18,
p. 1
Richmond,
xrviii
RAILROAD
Subscribers will confer
a
STOCKS- AND
BONDS.
[Vol. XXVII.
great favor by giving: Immediate notice oi
any error discovered In these Tables.
DESCRIPTION.
INTEREST OR DIVIDENDS.
Bond*—Princi¬
Miles Date Size, or
Amount
For explanation of column headings, &e., see notes
pal,
when Duo.
of
of
Par
Rate per When Where
Payable, and by Stocks—Last
at the head of first page of tables.
Road. Bonds Value. Outstanding •Cent.
Whom.
Payable
Dividend.
t
iRichmond d Petersburg -1st mortgage, coupon
25
New mortgage
Rochester d State Line.—1st mortgage
Rome, Watertown d Ogdensburg—Htock
1st sinking fund mort., Wat. & R
General mortgage, sinking fund
2d mortgage
Consol, mort., convert, till July, ’79, coup
Rutland—Stock,
common
Preferred stock
Equipment mortgage bonds
do
do
New general mortgage
St. Joseph d Western— 1st M. St. Joseph & Pacific..
Kansas & Nebraska, 1st mortgage
St. Louis, Alton d Terre Haute—Stock
Preferred stock (7 per cent yearly, cumulative)..
1st mortgage (series A) sinking fund..
1st mortgage (series B) sinking fund..
2d mortgage, preferred (series C)
2d mortgage, preferred (series D)
2d mortgage, income
,
1870
1875
1878
....
£
&
109
409
97
190
190
360
120
120
120
120
120
115
115
207
....
B
....
....
....
sail
....
Equipment mortgage
O
u ®
St Louis, Iron Mountain d Southern—Stock
1st mortgage, coupon
2d mortgage, gold, coupon, may be
registered....
Cons. M. gold (s. f. after 1880),coup., maybe
reg.
Arkansas Branch, 1st mortgage, gold, land grant
Cairo Ark. & Texas, 1st mort., gold, coup or
reg.
Cairo & Fulton, 1st n ort., gold, or road and land
St. L. Kansas City, d N.—Stock ($12,000,000 pref.)
1st mortgage (North Missouri)
Real estate and railway 2d mort
St. L.d S.Francisco— 1st M.(So. Pac.), g.,(I’d grant)
2d mortgage bonds, A
do
do
B, gold
do
do
C, gold
Land debentures
St. Louis d Southeastern—1 st M., gold. conv. s. fund
Consolidated mortgage, gold, sinking fund
Evansville Henderson & Nashville, 1st mort
St. Louis Yand alia d Terre Haute— 1st M. s. f. guar
2d mort., sink, fund ($1,600,000 guar.)
St. Paul d Duluth— Preferred 7 per cent stock
Common stock
St. Paul d Pacific—First Division—
©
1st M., 10 miles, St. P. to St. Anthony
2d M., St. Paul to Watab. ($700,000)
3d M., land gr’t, St. P. to Watab. ($1,200,000)
u
Consol, land gr’t
tt
do
($2,800,000)
1st M., St. Anthony to 150 miles west
©
2d M.,& 1st 1. g., St. A. to
a
150m.W.($3,000,000)
3d M., 1. gr. on 150m. W. of St. A. & 1st M. on
60m. more with 1. gr. ($6,000,000)
B
cS
4th M., St. P. to
Breckenridge, 2d on I’d gr.,
....
686
210
210
686
100
72
300
525
354
354'
293
....
....
....
....
210
420
98
158
158
156
156
150m. ($3,000,000)
St. Paul d Pacific—1st mortgage bonds
St. Paul d Sioux C.—Pref. stock, (Div. on
Common stock
$475,000)
Saginaw Talley d St. Louis.—1st mortg., coup
Sandusky Mansfield d Newark—Re-organized stock
1st
mortgage,
new
Savannah d Charleston—C. & S.„ guar, by S. C
Funded int. bonds, S. & C. RR., guar, by S. Car...
1st mortgage, Savannah & Charleston RR
Savannah d Memphis—1st mortgage
:
Schenectady d: Duanesburg—1st M., guar. D. & H
Schuylkill Valley— Stock
Scioto Valley— 1st mort. (s. fund $13,000 xier
year).
_.
Seaboard d Roanoke—Stock
1st mortgage
Selma d Gulf— 1st mort., guar, by Alabama
Selma Rome d Dalton—1st mortgage
2d mort., Alabama & Tenn. River RR
General mortgage for $5,000,000
Shamokin Valley d Pottsvillc—Stock
1st
1872
1,000
1874
1,000
...
....
1870
1870
1872
1876
1876
....
....
1864
1864
1864
1864
1864
1870
mortgage, gold,
Richmond & Petersburg— In July, 1878, 2 per cent
dividend made on stock of $lJ08.ti0'. Gross earnings year ending Sept. SO, 1877. $137,116; net,
$47,271.
(V. 21,
n.
15; V. 24,
p.
62.)
Rochester & State Line.— Bonds sold in N. Y.,
July, 1818.
Road
from Rochester, N. Y., to
Salamanca, and Rochester City furnithed $100,000
runs
towards its construction.
Rome, Watertown & Ogdensburg —The last report
shows gross earnings in 1876-7 of $1,255,271; ex¬
penses, $912,134; net earnings, $343,’3b. Default was
made on coupons c« nsol. bonds April,
1878. (V. 22,
p. 493; V. 26. p. 334.)
Rutland.—Leased January, 1871, to the Vermont
Central. Terms modified in July, 1874.
Default
made
on rental, and lease
again modified. (V. 23, p.
110; V. 25, p. 137; V. 27, p. 121, 253.)
SI. Joseph & We tern.—The St. do. end Denver
City wras sold in foreclosure Nov., 1875, and re¬
organized. The land grant of 300,' 00 acres is in
hands of trustees, for the benefit of ihe holders of
the land scrip of $2.250,0C0
Gross earnings of
road in 1877, $537,oper^iing
expenses. $373,906;
rentals, &c., and taxes, *140,415. (V. 24, p. 322, 469;
V. 2b, p. 289.)
St. Louis, Alton & Teire Haute.—The main line—
Terre Haute to E. St. Louis and Alton Branch—was
leased June, 1867, for 99 years, to
Indianan. & St. L.
.at 30 per cent of earnings (but
$450,000 a minimum).
This was guaranteed by tbiee other
companies; see
V. 26, p. 614,654. Jn 1877, gross
earnings were $953,570, against $1,072,403 in ’76. The Belleville Br. and
Extension earned net in 1877, $131,540.
Coupons
due August, 1878, on 2d mort. bond? were passed.
<V. 26, p. 417, 614,625, 651; V. 27, p. 17, 140.)
St. Louis, Iron Mountain & Southern—Therefare
also *66<,00n of Cairo & Fulton Income bonds.
Gross earnings, 1877, $4,500,422; net. $2,131,901. In
1875, the company funded thiee coupons on all
bonds except the old firsts, but when
coupons fell
due Nov.. 1876, they were paid
only in part. Half
i merest only is paid on the
mortg. bonds, except
1,000
1,000
500 &c.
1,000
100
1867
1872
1874
1870
1872
1870
1,000
1,000
1,000
1,000
1,000
1,000
1865
1874
1868
1876
18 76
1876
1874
69-71
1872
1867
1867
1868
1,000
1,000
100
500 &c.
100 &c.
500 &c.
500 &c.
....
1,000
500 &c.
1,000
1,000
1,000
1,000
1,000
210
220
140
121
121
34 ^
316
116
101
....
101
60
1412
11
98
80
80
28
7812
7812
$175,000
31,000
2,180,000
3,147,600
366,007
975,107
1,000,000
4,250,000
2,479,700
4,168,700
500,000
500,000
1,212,000
1,900,000
1,900,000
2,300,000
2,468,400
1,100,000
1,100,000
1,400,000
1,400,000
1,700,000
300,000
21,028,761
4,000,000
5,927,000
4,428,000
2,500,000
1,500,000
8,000,000
24,000,000
6,000,000
3,000,000
7,194,500
293,200
2,476,000
2,295,000
350,000
3,250,000
5,145,000
1,000,000
1,899,000
2,600,000
5,550,000
8
7
7
3
7
7
A. & 0.
7
7
M.
J.
J.
M.
J.
J.
A.
&
&
&
&
&
&
&
F.
M.
M.
M.
J.
J.
&
&
&
&
&
&
7
8
8
7
7
1880 to ’86
do
do
New York.
J. N. Y., Farm. L. & T. Co.
S.
do
do
D.
do
do
J.
do
"do
0.
do
do
ra
3^8
Richmond, Office.
N.
J.
May 1. 1915
July 1,1902
July 15,1875
Sept. 1,1880
Dec. 1,1891
Jan. 1,1892
July 1,1904
m
A.
N.
S.
N.
J.
J.
Boston, Treasurer.
Feb. 2,
do
do
do
do
do
do
New York.
i.875
May 1,1880
Sept. 1, 1880
Nov. 1,1902
19—
19—
....
2
7
7
7
7
7
10
7
7
7
7
7
7
g.
g.
g.
g.
g.
7
7
6 g.
6
J.
A.
F.
M.
M.
M.
&
&
&
&
&
&
J. N.
O.
A.
N.
N.
S.
F.
M.
A.
J.
J.
J.
&
&
&
&
&
&
A.
N.
D. New York,
D.
do
J.
do
J.
M.
J.
M.
M.
M.
&
&
&
&
&
&
J.
S.
J.
N.
N.
N.
2 &c.
2 &c.
10
7 g.
7 g.
7
7
7
M.
F.
J.
J.
M.
&
&
&
&
&
M.
J.
J.
J.
F.
M.
& S.
& J.
& D.
&D.
& A.
& N.
do
do
do
do
do
do
do
do
do
do
N.Y.,Office 20 Nassau
New York
do
0.
Feb. 1,1878
1894
>
1894
1894
1894
1894
1880
Y., Office 12 Wall st.
or
st
London.
do
Aug. 1, 1892
May 1,1897
April 1, 1914
Co.’s Office. June 1, 1897
do
June 1, 1897
do
Jan. 1, 1891
N.Y.,Nat Bkof Com’rce July 1, 1895
do
do
N. Y., Trask & Stone.
do
do
do
do
do
do
do
do
N. Y., G. Opdyke & Co.
do
do
do
do
N. Y., Third Nat. Bank.
do
do
Sept. 1, 1904
N.Y.,J.S. Kennedy* Co.
1881
Q-J.
N.
A.
J.
J.
N.
July, 1888
Nov. 1, 1906
Nov. 1, 1906
Nov. 1, 1906
Jan. 1, 1884
Nov., 1894
Aug.. 1902
July 1, 1897
Jan. 1. 1897
May 1, 1898
1,630,848
1862
1862
3 865
3864
1864
28
1st mortgage extension
1,000
500 &c.
1862
....
on road and lands
100
100
100 &c.
100 &c.
100 &c.
100 &c.
100 &c.
100
100
10
76
76
76
150
150
40
100
100
Sheboygan d Fond du Lac—-1st mortgage
1,000
100
100 &c.
500 &c.
120,000
366,000
250 &C.
1,700,000
8
7
7
7
7
7
1868
250 &c.
5,700,000
7
M. & N.
do
1898
1870
1871
1,000
1,000
7
7
2
8
8
2
7
6 '
7
7
8 g.
6
J.
J.
do
do
1900
1901
r-H
s
....
1855
1861
....
....
$1,000
250 &c.
250 Ac.
1,000
100
....
1872
....
1869
1853
1868
3869
1870
1874
....
1876
....
3851
1870
....
....
....
....
1871
1864
1871
1,000
50
1,096,000
1,114,000
1,500,000
1,500,000
15,000,000
2,083,800
2,400,000
'446,000
1,050,356
2,301,000
505,000
111,800
500,000
1,000
2,4V 3,000
100 &c.
500,000
50
576,050
500 &c.
1,250,000
100
1,350,400
1,000
210,000
1,000
16,000 p. m.
838,500
241,000
1,000
500
100 *c.
500
•
•
•
•
....
....
50
500 &c.
1,000
....
3,000,000
869,450
1,994,000
750,000
850,000
212
7
312
7
8
7
8
7
3
7 g7
8
the let mortg. St. L. & I. M., which is
paid in full.
The net earnings have been
applied to floating debt
rather
than to pay
ing in the IT.
bonded interest.
A suit is pend¬
S. Circuit Court of Missouri.
(Y. 25,
p. 1H, ’.38, 188, 229, 309, 358; Y. 26, p.
287, 342,
3b8, 6v5 )
St.
Louis, Kansas City & Northern.—Half the stock
is prif., 10 per cent
yearly, but not cumulative.
Gross earnings in 187?, $3
117,173; net, $1,250,773.
Floating debt partly retired with second mortgage
bonds. (V. 24, p. 90. 272; V. 26,
p. 68, 288, <t7i.)
S[. l/.uis & San Francisco.—This is the re-organi-
zation of the Atlantic & Pacific, sold in foreclosure
Sept. 8, 1876. The Atlantic & Pacific was a consoli¬
dation, in 1870, of the Atlantic & Pac. and So.Pacific.
The land errant amounts to some
1,000,000 acres.
'1 he interest on bonds “ B ” and “ C ” is
2 per cent
for 2 years, 3 for 3 years, 4 for 1
year, 5 for 1 year,
and 6 afterward. In 1877 gross
earnings were $1,373,9t3; net, $739,1^6. against $675,047 in 1876. (V.
24, p. 543; V. 25, p. 282, 457; V. 26, p. 24 1.)
St. Louis & Southeastern.—In Hands of receiver.
Annual report, V 26, p. 263. (V. *3.
p. 549; V. 24,
p. 203, 322; V. 26, p. 2* 3 , 204; V.
27, p. 229.)
St. Louis, Vanduiia & Terre Haute—The com.
stock is $2,.®83,3l5; pref.,
$1,451,700. This r< ad is
leased to Terre Haute &
Indianapolis at 30 per cen.
of gross ear ings. In 1877
gross earnings, $1,118,470.
Bonds guaranteed by Terre Haute & Ii
dianapolis,
by Columbus. Chicago & Indiana Central, a d Pitts¬
burgh. Cincinnati & St. Louis. (V. 24, p. 11U; V.
26, p. 165)
St, Pout & Duluth.—This is the Lake Superior &
Mississippi reorganized. Prefeired stock is receiv¬
able for lands.
Land grant, about 1,60.,COO acres.
(V. 27, p.147)
St. Paul & Pacific, First Division.—The 3d
mortg.
of $6,000.0.10 ha- the additional
security of the
$l,50o,0i0 first mortgage bonds held by its trust< es.
Interest in default since June, 1872, on
all the issues
except the first atjd second mortgages on Branch
Line, hut certain payments made in May, 1877.
Suits of foreclosure are in
progress, and the rail¬
do
do
In default.
do
do
do
1892
1892
1892
1894
1894
& D.
& J.
St. Paul, Office.
Q.-J.
Oct., 1876
J. & J.
M. & N. New York, 9th Nat. Bk.
May 1, 1902
1st N. Bk., Sandusky, O.
Oct. 1, 1875
J. & J. N. Y., Union Trust Co.
July, 1902
M. & S. Charleston, 1st Nat. Bk. March
1, 1877
M. & S.
New York.
Sept. 1, ,1899
J. & J.
do
Jan. 1, 1889
M. & N. N.Y.,Lancaster, B.& Co.
May 1, 1890
M. & S. Del. & Hud. Canal Co.
Sept. 1, 1924
J. & J.
Philadelphia, Office.
July, 1878
J. & J. N.Y., Winslow, L. & Co.
Jan. 1, 3 896
M. & N. Phil.,Townsend, W.&Co.
May 1, 1878
F. & A.
do
do
Aug., 1880
A. & O.
New York.
Jan.wl, 1890
J. & J.
New York, Office.
Jan. 1, 1872
J. & J.
do
do
Jan. 1, 1864
A. & O.
do
do
April 1, 1887
F. & A. Philadelphia,Treasurer.
Aug., 1878
J. & J.
do
do
July, 1901
J. & D.
N. Y., (In default.)
June, 1884
A. & O.
do
do
October. 1896
....
road has been in possession of the trus'ees under
the mortgage deeds.
An important
negotiation for
(V.
25, p. 114, 154,408, 424, 458, 641; V. 26, p. 2u6, 316,
342 420, 575; V. 27, p. 42, 68, 149.)
taking
up
ihe bonds has been
consummated.
St. PuUl & Pacific —The road is In hands of Re¬
ceiver of U. S. Court, and the bonds are all held
in
Holland. The mortgage is being foreclosed.
(V. 24,
p. 510; V. 26, p. 316, 342, 420, 436, 575; V. 27, p.
42,
68, 149.)
St. Paul & Sioux City.—1This company has 727,766
acres of land unsold.
(V. 24, p. 298; V. 26, p. 548;
V. 27, p.171.)
Saginaw Valley &St. Louis.—Has a traffic guar¬
by Michigan Central. Net earnings, 1877,
$57,518. (Y. 27, p. 304.)
Sandusky, Mansfield & Newark.—This road is
leased to the Central Ohio, and the lease
guaranteed
by Baltimore & Ohio. (V. 19, p. 584; Y. v6. p. 290.)
antee
Savannah & Charleston.—Road in hands of receiv¬
and decree of sale made. (Y. 22. p.
615.)
Sav nnah <t Memphis —Defaulted after the crisis
er
of 1873.
Net earnings,
Sehenec ady
owned
&
1875-6, $16,118.
Duanesburg.—Capital stock is
by the D.&H. Canal Co./which runs the road.
Schuylkill Valley.—Leased to Philadelphia & Read¬
ing, with 5 per cent dividends.
Scioto Valley.—'I his new road, from Columbus to
Poitemouth. reports gross earnings of $116,853, and
net
$58,376, f< cm March 5 to Dec. 31,1877.
Seaboard & Roanoke.—Net earnings year
ending
March 1, 1878, $167,928. Report V.
21, p. 276.
Selma & Gulf - Interest in default. Foreclosure
sale
27,
pending.
|».
304.)
(Y. 24,
p.
299; Y. 25, p.335, 593; V.
Selmo, Rome & Dalton —This was formerly the
Alabama & Tennessee River. Interest in
default,
and road to he sold.
(V. 24. p. 566.)
Shomokin Va ley & Poltsvile.—Leased February,
1863, to Northern Central,at7per cent
6 per cent on stock.
on
bonds and
Sheboygan & Fond dn Zac.—Defaulted 1873. Gross
earnings, 1877, $i00,011: net, $12,504. (V.-24, p.
198, 346; Y. 26, p. 521.)
r September 28,
KAILROAD STOCKS AND BONDS.
1878.]
xsix
Subscribers will confer a great favor by giving Immediate notice of any errors discovered in tbese Tables.
DESCRIPTION.
Miles
Date
of
of
Bonds
Par
Value.
1869
500 &c.
100
100 &c.
500 &c.
500 &c.
)8
at head of first page
Road
of tables.
32
Shenango A Alleghany—1st mortgage
Shore Line (Conn.)—Stock
1st mortgage, construction bonds
Sioux City A Pacific—1st mortgage
2d mortgage (government subsidy)
Sioux City A St. Paul—1st mortgage, gold,
1st mortgage, currency, for $2,100,000.
50
50
105
.
...
t
.
Somerset—1st mortgage, gold
South Carolina—Stock
1st mortgage, sterling loan
do
dollar bonds (L)
'
2d mortgage (for $3,000,000)
Domestic bonds (I)
Domestic bonds (K)
So. A No. Alabama—1st M., endorsed by i
Sterling mort., s. fund, guar, by L. & N
Southern of Long Island—1st mortgage (S
2d mortgage S'. Side (1st mortg. s. fund)
1871
124
23
1871
242
242
242
.
.
.
183
183
.
.
57
57
69
Mortgage bonds, Southern of L. I
.
.
i
par...
Springfield Athol A N. E.—1st mortgage
Sterling Mountain (N.Y.)—1st mortgage
Stockton A Copperopolis— 1st mort., (guar, by
Syracuse Binghamton A N. Y.—Stock
2d mortgage (now first)
Consol, mortgage (guar. D. L. & W.)
Summit Branch (Pa.)—Stock
1st mortgage bonds
Terre Haute A Indianapolis—Stock
114
87
Southern Iowa A Cedar Rapids—1st mort., gold...
Southern Minnesota— let mortgage, construction..
Southern Pacific (Cal.)—1st mort., gold, land gr...
Southern Pennsylvania—1st mortgage, gold
170
712
24
257
30
.
)
48^
71-2
30
81
81
81
20
20
113
73
Texas A Pacific—1st mort., gold, coup.($8,000 p.m.
2d mort., consol., gold, coup. ($17,000 p. m.)
Income and land mort., reg. (7,600,000 acres)...
Texas Western—(Narrow g.)—1st M., 1. gr., gold...
106
444
444
444
50
Toledo, Peoria dc Warsaw— 1st mortgage (W. Div.).
1st mortgage (E. Div.)
2d mortgage (W. Div.) convertible
116*2
110%
116^
)
Consolidated
1,000
1,000
1871
-
-
•
....
100
•
1868
1868
1872
-1866
1868
1870
1873
1867
1870
1874
1869
1872
1870
1868
1875
•
•
or
Various
500
500
100
1,000
500 &c.
500 &c.
500 &c.
1,000
100 &c.
1,000
500 &c.
•'
100
....
mortgage (for $6,200,000)
mortgage (Burlington Div.)
Troy dc Boston—Stock
1st mortgage, consolidated
227
10
53
35
1L876
1871
1865
1875
1875
1867
1876
•
•
•
■>
•
•
e
o
100 4c.
100 &c.
1,000
500 &c.
100
1,000
1,000
50
•
•
.
.
50
1869
1873
1875
1875
1875
1875
1876
1866
1864
1866
1870
1871
1,000
1,000
1,000
1,000
1,000
.
i,6bo
1,000
1,000
1,000
1,000
100
....
1874
1,000
500 &c.
Convertible bonds
2i8
Troy Union—1st mortgage, guaranteed, Troy City
Union Pacific—Stock
1,042
1st mortgage, gold, on road and equipment
1,038 1866-9
2d
do
(government subsidy)
1874
on road (2d on land), sinking fimd
3d
do
1,038
1867-9
Land grant bonds on 10,764,947 acres
1871
Omaha bridge bds, st’g, (s.f. about $.30,000 yrly)
100
1866
Union Pacific, Central Branch—1st mort., gold
100 ’66-7-8
2d mortgage (government subsidy)
379
United N. J. RR. <6 Canal Companies—Stock
General mortgage, gold, coupon
1871
1871
United Co.’s mortgage, sinking fund, registered..
do
1871
sterling loan mortgage, sinking fund
....
i"o*o
-
....
....
do
do
do
Joint Co.’s
do
do
do
do
dollar loan, mortgage
bond to State of New
mortgage, sterl’g, s.
do
do
consol, mort. (sink’gfimd after 1880)
N. J. RR. <fc T. Co., 3d loan due State of N. J
TJX (h Central—Stock.
1st mortgage, gold
Utah Southern— 1st mortgage, coupon...
Utica A Black Rivei—Stock
1st mortgage bonds of July, 1868
100
1,000
•
•
•
•
....
•
•
•
•
....
1871
1871
1871
1834-7
Shenango A Alleghany.—Leased to Atlantic &
Great Western, and “rental trust bonds” issued.
Gross earnings 1375, $201,039; net. $114,699.
Shme L.ne — Leased to New York & New Haven
at $ i00,0 •' per year. Old stock was exchanged for
in July, 1873.
Gross earnings, 1876-7, $342,374;
net. $49 8 >9.
(V 2», p. 63.)
Sioux Ci'y A Pacific.—Div. of 3# on pref. stock
paid April, r78 For year ending June 30, 1876. gross
earnings were $M2,4'9, and net earnings $28,291.
(V. 22. p. 515, 599; V. 27, p.
-253, 274.)
Sioux City A St. Paul.—There are also $502,000 2d
mort. bonds, $14-^,000 equipment,
and $^86,600 in¬
come bonds.
Lands sold in 1>77, 40,664 acres. (Y.
25, p. *12; V. v6 p. 290, 471, 4 9 4. 549. 567.)
Somerset. -This road is leased to Maine Central.
South Carolina— Receiver appointed Sept., 1817.
Gross earnings in 187;, $1,020, 6^4; operating ex¬
penses, $593,751; net earnings, $426.91o. A proposal
is made for concessions by *d mortg. bondholders.
(V. ;6, p. 217, 3i2, 393, 4 1 8 , 420, 471; Y. 27, p. 42,
253, £01.)
South & Vorfh Alabama— Operated by Lonisv. &
Nashv., whieh hold* a majority i f the stock, and
guarantees the bonds and holds $1,000,000 of 2d
mortg. bonds. Pref. stock. $2,000,000.
Sou hern or Long Island.— Leased to L. I. RR.
There ire a'so $60,000 6 p. c. mortg. bonds on
Rockaway branch. It is proposed to ‘‘scale” all
bonds except 1st South Side. (Y. 26, p. 471, 026,554;
V. 27, p. 85.)
Southern Central.—Forms an extension into New
York Stite for Lehigh Vadey, which company en¬
dorse* $4<jO.OOO of second mortgage bonds.
South l*wa A Cedar Rapids— In progress. Ot¬
tumwa to Cedar Rapids, la.
Souther" Minnesota.—Sold under 2d mortgage and
re-organized March, 1677, stock being issued for
bonds. Land grant is about 1,790,003 acres. The
1st mortgage interest is paid J. & J. at 7 per
cent,
though originally A. & O. at 8 per cent. (V. 24, p.
11, 198, 227; V. 25. p. 235, 40.3; V. 27, p. 67.)
Southern Pacific (Cal.)—This road is controlled
by Central Pacific parties. The bonds are in
....
....
—
1862
....
3612
75
168
75
87
Mortgage bonds, 2d issue
£200
1,000
1,000
plain bonds
do
do
new
1,6*00
....
....
Jersey
fd. (£138,500).
1,000
1,000
1868
1870
1871
....
1,6*00
1,000
100
...
1868
1871
....
Outstanding
Rate pet
Cent.
$874,500
1,000,000
200,000
1,629,000
1,628,020
500,000
1,240,000
450,000
5,819,275
1,482,666
1,051,500
1,206,500
'
1,067,500
.
63,500
391,000
750,000
1,500,000
405,050
1,500,000
600,000
1,500,000
3,332,000
29,300,000
625,000
3,892.300
399,000
400,000
448,000
350,000
500,000
2,004,000
270,000
650,000
680,000
36,745,000
27,232,000
27,232,000
13.907,000
7,145,000
2,179,000
1,600,000
1,600,000
19,890,400
5,300,000
2,000,000
1,846,000
1,800,000
154,000
500,000
497,310
1,700,000
866,000
5,000,000
100,000
676,005
1,000,000
1,500,000
1,770,720
200,000
912,000
g.
g-
g.
g.
g.
g.
gg.
7
7 g.
7
7
5
4*2
7
7
3
7
4
7
7
7
6 g.
-■
6 g.
7
7 g7
7
7
7
7
4
7
7
6
1*2
6 g.
6
8
7
8 g.
6 g.
6
g.
g.
g.
-
g-
g.
bonds. The land grant is 12,830 acres per mile,
and attaches now to 580 miles built.
The stock
paid in is $36,763,9 0. In 1876-7 the gross earnings
$<,553,005 gold, and net earnings, $1,823 830
(V. 24, p. 299, 386, 445, 519; Y. 28. p. 209. 316 )
South PennsylvaniaThis i* a mining and RR Co ;
re-organized in 1872 al ter foreclosure under 2d m >rt.
The road is leased hy the Cumberland Valley.
Southwestern Georgia.—Leased to Central Georgia.
Dividends 8 a year to every 10 per cent on Central
Georgia stock, but 7 per year guaranteed. ‘‘Tri¬
partite” bonds issued; see Central Georgia.
Spiingheld, Athol dc Nurfheastern.—(\. 24, p. 198.)
Sterling Mount tin.—Cost of road and equipment,
$502,468. Net earnings 1872 3. $15,673.
were
gold.
July, 1874,
for present.
(V. 21, p. 159. 16;*, 326.)
Syracuse, Binghamton & New For#.—Operated by
Del. L. & W., and bonds guar, by that Co. Last
dividend on stock (in 1675 4 per cent. (V. 26, p. 316.)
Summit Branch.—This is a coai road, and leases
Lykens Valley.
Nci earnings in 1876, $151,685. (V.
25. p. 113.)
Terre Haute A Indianapolis.—Annual report, V
24, p. 442. Gross earnings, 1875-6, $1,033,450; ex¬
penses. $721,i 09; net earnings, $317,4m.
Texas A New Orleans of 1871.—The company has
a l’dgr.of 875,000 acres timber and agricultural lands.
Texas A Pacific— Gross earnings, 1877-8, $2,331,310; operating expenses, $1,443,439; net earnings,
$8^2.671. Of old land bonds $1 Uo4,000 are yet out,
und $ 81.2.’5 couoons. (V. 25, p. 162, 210; Y. 26,
p. 316; V. 27, p. 42, 149, 22 6.)
Texas Western.—This, narrow-gauge road is in
progress.
(See V. 23, p. 49, 152, 526.)
i
& Warsaw.—Passed into receiver’s
hands February, 1874.
Foreclosure
1876-7.net ea> nings were $56,415. (V.
5(5; Yi 27,p. 6?i
Payable, and by
Whom.
0 N. Y., N.Bk. of Com’rce
J N. H., Nat. N. H. Bank
S
do.
do
J N. Y., Nat. Park Bank.
J U.S. Treas., at maturity
N N. Y., Metropol. N. Bk.
N
do
do
J. & J.
&
&
&
&
<fe
&
&
A.
J.
M.
J.
J.
M.
M.
& J.
& J.
& 0.
& 0.
& J.
& J.
& N.
& S.
& N.
4 N.
& A.
& S.
<fe N.
& J.
& O.
& S.
& D.
Various
J. & J.
J. & J.
J. & J.
J. & J.
J. & D.
J. & D.
A. & O.
F. & A.
J. & J.
J. & J.
A. & O.
J.
J.
A.
A.
J.
J.
M.
M.
M.
M.
F.
M.
M.
J.
A.
M.
J.
Charleston,S.W.RR Bk
London.
pending. In
26, p. 68, 316,
Stocks— Last
Dividend.
April 1, 1889
July 5, 187ft
Sept. 1, 1880
Jan. 1, 1899
J an. 1, 1899
Nov., 1901
July, 1891
May, 1871
1878 to ’88
1878 to ’88
Oct. 1, 1902
New York.
do
Charleston.
April, 1891
do
1880 and 1892
N. Y., Drexel, M. & Co. Jan. 1, 1890
•
London, Baring Bros.
Y., Gallatin Nat. B’k
N.
do
do
do
do
N. Y., Vermilye &
do
do
N
N.
Co.
Mar. 1, 1887
May 1, 1900
Nov. 1,
Aug. 1,
Mar. 1,
May 1,
1879
1899
1882
1900
1888
Y., Company’8 Office.
Y., C. P. Huntington. April 1, 1905
Savannah,Cent.RR. Ga.
Mar. 1, 1900
June20,1878
Macon.
1886
Charleston& New York.
Jan. 1, 1897
Boston, Eliot Nat. Bank July l,’83to’93
New York.
1885
N Y., Central Pacific.
January, 1905
N.Y., D. L. & W. RR. Co. Dec. 15, 1875
do
do
June, 1887
do
do
Oct. 1, 1906
Philadelphia & Boston. Aug. 16,187ft
Boston, N. Y. & Phila.
N.Y.,Farmers L.& T.Co.
do
do
Jan. 1, 1904
Aug. 5, 1878
July, 1879
1893
....
F. & A. New York, Co.’s Office. Aug. 1, 1905
M. & S. Phila., N.York &London March 1, 1905
J. & D.
do
do
June 1, 1905
July. New York& Philad’phia Jan. 1, 1915
J. & J. N. Y., Farm. L. & Tr.Co
F. & A. New York, Co.’s office.
Feb. ,1, 1896
J. & D.
do
do
Dec. 1, 1894
A. & O.
do
do
April 1, 1886
M. & N.
do
do
May 2, 1910
J. & D.
do
do
June 1, 1901
F. & A. Troy, Company’s Office. Aug. 1, 187ft
J. & J. N. Y., Nat. B’k of Com.
1894
M. & S.
do
do
1882
New York and Boston.
do
do
U.S. Treas., at maturity.
M. <fc 8. New York and Boston.
A. & O. New York and Boston.
A. & O. London, L. & S. Fr. Bk.
M. & N. N. Y., Company’s Office.
U.S. Treas., at maturity.
Q.-J. Phila. and N. Y. Offices.
M. <fc S.
Philadelphia, Office.
A. & O.
do
do
M. <fc S.
London.
M. & S.
do
F. & A.
Philadelphia.
Due 90 days after demand.
F. <fc A.
Loudon.
F. & A.
Philadelphia Office.
J. & D.
Princeton, N. J.
M. & N.
Philadelphia Office.
4. & 0. N. Y., B’k of Commerce.
Q.—J.
J.
& J.
Oct, 1, 1878
1896 to 1899
....
....
series A, B, C and D, of which “A” includes $15,-
Stockton & Copperopo'is.—Defaulted
and old bonds of $1,000,000 exchanged
pal, When Due.
....
2*2
6
6
6
6
6
7
6
6
6
6
7
10
6
7
2
7
7
Where
When
Payable5
Q.-F.
g*
3*2
1,750,000
4,125,000
800,000
1,988,150
800,000
800,000
1,050,000
3,552,000
7,548,000
6,459,000
10,000 p.m
1,800,000
1,600,000
1,300,000
1,500,000
250,000
1,609,000
1,384,000
7
4
7
6
6
7
8
7
1
5
6
7
7
6
8
6
7
7
7
7
7
7
7
6
7
O/O.OM), part in f5H0 bonds, all the others are $1,000
each.
A sinking fund of $109,000 per annum begins
in 1882, and proceeds of land sales also go to pay
Toledo, Peoi'i
Bonds—Princ/
INTEREST OR DIVIDENDS.
Amount
5,211,810
'
1st mortgage
Bonds ot 1873 (for $1,600,000)
1st
....
122
....
Southern Central (N. Y.J— 1st mortgage..
Company bonds, convertible into stock at
]L865
1868
Size,
I.
& J.
T.
VI.
r.
r.
&
J.
& S.
& j.
Salt Lake Citv.
N.
Y., Kountze Bros.
Utica.
Utica and New York.
& j.
do
do
Mch. 1, 1894
1887
April, 1896
May 1, 1895
1896,’97, ’98
July 12, 187ft
Mch. 1, 1901
Oct.
Mch.
Mch.
Feb.
1,
1,
1,
1,
1894
1894
1894
188ft
1880
Feb.
Jan.
Nov.
1, 1883
.1, 1889
1, 1880
Overdue.
(0
1, 1890
July 1, 1891
Mar. 26, 187ft
July, 1878
July, 1891
Jan.
Troy A Boston—With leased roads forms a line
Troy, N.Y., to North Adams, Mass. In 1875 76,
gross earnings were $5c6,539; opeiatingexpenses.
$293,334.
There are $119,000 of old 1st and 2a
mortgage bonds yet outs landing.
Troy Union.—A short road in Troy city. Bonds
issued by city and guaranteed by several roads.
Union Pacific.—Gross earnings in 1877 weie
$12,473,203, against $12,888,853 in 1876; net earn¬
ings. $7,1)9,782, against $7,618,647. In‘1878 the
funding bill was pussed in Cougrees; the C urt of
from
Claims decide 1 against the cum. any as to the 5 per
cent of net earnings; an important con'ract was
made with Kansas Pacific; the July dividend was
Land sale?; to Aug. 13, 1878, 1 567,672 acres,
of which 249,392 acres 'n 18i8, for
$1,249,2, 6. Land contracts Aug. 13, *3,609,461, cash
$469,035. Abstract of last reports V. 26, p. 241. (V
24, p. 226, 591; V. 25, p. 408; V. 26, p. 241, 266,
368,471, 548, 592. 626, 654; V. 27, p. 42, 96, 97, 12*1
149, 193, 229, 253, 274.)
—5
Union. Pacific Central Branch.— Formerly the
passed.
for
$6 966,333,
Atchison & Pike’s Peak. Interest in default since
November, 1873. Gross earnings 1875-73, $114,414*
*
expenses, $131,500. (V. 27, p. 96, 25?,274.).
United blew Jersey Railroad db Canal tomvanies.
—The Camden & Amboy Railroad and
branches,
Delaware & Raritan Canal, and New Jersey Railroad
form the United Companies of New Jersey.
They
were leased to Pennsylvania Railroad, Oct. 20,
1871
at 10 per cent on stock and assumption of all lia¬
bilities. In 1877 the gross earnings were
$8,960/96;
income, $2,954,521, leaving a deficit for lessee®
of $1,433.H 8 after paying interest and dividends
(V. 24, p. 516; V. 25, p. 349, 433, 458, 476; V. 26, n.
216,301)
*
Utah Central.—Salt Lake to Ogden.
In year end¬
ing April 30, 1876, net earnings were $*82,737, and
div;dend8 amounting to 20 per cent were paid.
Utah Southern.—Gioss earnings 1817, $278 652
net. $140,731.
Stock is $1,500,000.
Utica A Black River.—Gross receipts 1S76-7
$153,576;
$233,566: net earnings. $220 010^
net
(Y. 32, p. 207; Y. 26, p. 141; Y. 27, p. 124.)
'
bailkoad stocks and bonds.
Sub«crlbers will confer
a
great favor by giving immediate notice of any error discovered In these Tables.
DESCRIPTION.
For explanation of column headings, &c., see notes
of tables.
Miles Date
of
of
Road. Bonds.
Utica Chenango <6 Susquehanna Valley—Stock
Vermont d* Canada—Stock
73
....
....
....
....
....
....
80
77
80
_
Vicksburg <£ Meridian—1st series (red endorsed)
.
.
2d series (blue
3d
<tli
140
140
endorsed)
(black endorsed)
(not endorsed)
(Toledo & Illinois)
(Lake Erie, Wabash & St. Louis)
(Great Western of 1859)
$4,000,000
500 &c
500 &c
100 &c
100 &c.
500 &c.
100 ifcc.
1,000
100
100 &c.
500
1,000
500 &c.
1,000
1,000
1866
1871
100 &c.
100 &c.
1853
1853
1863
1865
1862
1858
1,000
1,000
1,000
1,000
1,000
167
1858
250 &c.
100 &c.
180
490
109
1859
1867
1869
1,000
1,000
1,000
....
18
18
18
310
1855
.
....
1873
1871
65*2
....
100
654,000
....
...
...
500 &c.
1861
1866
1869
100 &c.
50
500 &c.
500 &c.
500 &c.
138
1873
1,000
116
44
160
90
90
90
90
1866
1868
1870
guaranteed by Camden <fe Amboy..
60
loan
38
63
consolidated
....
41
Cape May <fc Millville
Western
"Atlantic (Ga)—Income bonds
Western (Ala.)—1st mortgage (Mont. & W. P.)
Western RR. bonds, before consolidation
2d mort.. guar,
by Cent, of Ga. and Ga. RR. & B. Co.
Maryland—1st mort., endorsed Balt. City..
County
..
Western Pennsylvania— 1st mortgage
mortgage, Pittsburg Branch
General mortgage
Witliamston cC Tarboro— 1st mortgage
....
179
.
1870
1870
.
_
300,000
300,000
.
....
600,000
1,000
875,000
500 &c.
100 Ac.
....
4
....
....
500 &c.
Tncoino. bonds
do
179
do
■
Sinking fund bonds, gold
Wisconsin Central— 1st mortgage, gold, land grant.
Worcester <£ Nashua— Stock
Bonds ($125,000 are 7 per cents)
Bonds
Bonds
Nashua <sc Rochester—Stock
do
do
1st m., guar, (for $700,0001
Utica Chenango & Susquehanna Valley.—Boad is
teased to Del Lack. & West. Railroad at 6 per cent
per annum on
stock.
Vermont &
Canada.—Under lease
(V. 24,
p.
421, 566; V. 25,
.....
....
....
325
94
1871
....
....
48
48
....
100
....
....
1873
1875
,
1874
8
7
8
23*
6
7
7
7
7
7
7
8
*
7
7
7
7
7
7
7
7
7
7
3 & 7
3
7
7
4
500 &c.
1,000,000
800,000
1,000,000
1,200,000
350,000
3,200.000
600,000
1,456,200
8
221,400
749,000
8,250,000
1,789,800
350,000
250,000
400,000
1,185,000
700,000
p.
to
Vermont
476, 641.)
Vermont Central.—In 1872 the Company went to
on interest, and has since been in numerous
default
complications. A new corporation under the name
of Central Vermont was formed, with $2,000,010
paid-up capital, and assumed obligations of the old
Vermort Central. Foreclosure pending on 2d mortigage. (V. 22, p. 110, 539; V. 23, p. 40, 370, 623; V.
$4, p. 413, 566; V. 25, p. 431.)
Vermont <fe Massachusetts.—This road is leased to
Fitchburg RR. Co. for 999 years, commencing
Jam 1, 1874; they paying interest on the debt and 4
per cent on the stock for the first two years, 5 per
oent the next two years, and 6 per cent for the re¬
mainder of the lease, exclusive of all taxes.
Vtdksbttrg <& Meridian.—Net earnings 18T7-8,
8123,364. The only coupons paid s nce April, 1876,
were those maturing Jan., 1878, and the special loan
coupons of Jan., 1877. (V. 27, p. 67.)
Wabash.—This is the Toledo Wabash & Western
Ke-organized after the sale, June 10, 1876, under
^consolidated gold mortgage of 18.3. New litigation
commenced in May, 1878. There is a debt of $560,030 due the Equipment Company, payable $56,000
per year. The “Seney1’ mort. included in funded
•ilebt bonds is for *1,' 00,0* 0, payable $200,000 per
year. Operations for 1877 showed $4,586,914 gross
F. & A. N.
F.
M.
F.
M.
M.
M.
A. & O.
$600,000 3d
J.
A.
M.
J.
J.
J.
M.
J.
J.
J.
&
&
&
&
&
&
J.
J.
J.
J.
A.
mortgage bonds, but are deposited in escrow only.
The president, Mr. John S. Barbour, was
appointed
receiver in July, 1876. Inteiest in default, but re¬
ceiver ordered o make certain payments.
See V.
25. p. 41. (V. 22, p. 15, 591; V. 23, p. 550.)
Westchester & Philadelphia.—Gross earnings, 1876’77, $332,274; net, #112.964. (V. 22, p. 304; V. 24,
62; V. 26,
p.
116.)
West
Jersey.—Gross earnings, 1877, $595,025: ex¬
penses, $391,430; net, $203,594. Net profit above
interest and rentals, $10,308.
(V. 24, d. 249; V.
26, p. 263.)
Western & Atlantic—This toad is owned
by State
of Georgia, and leased at $300,000
per annum.
Lest-ees have issued the income bonds. (V. 22 d
136.)
Western
Alabama.—Sold in foreclosure, April 19
1875, and bought by Central Ga. and Georgia Rail¬
roads, for whose account it is operated. (V. 20 d
398, 405, 445; V. 25, p. 456.)
’
1,
1,
Jan. 1,
Jan. 1,
1880
Nov. 1, 1890
do
do
do
do
Aug. 1, 1882
do
do
Nov. 1, 1878
Nov. 1, 1878
May 1, 1893
Feb., 1907
Aug., 1889
April, 3 878
do
1900
1905
do
do
Jan. 1, 1875
May 1, 1873
Sept. 1, 1880
do
Balt., R. Garrett & Sons Mch. 1,
do
do
May 1,
0.
do
do
April 1,
J.
Philadelphia, Office.
July 10,
1882
1903
1896
1878
do
do
April 1, 1891
Phila.—Pa. RRCo. Office Aug. 15,1877
do
do
Mch., 1883 .
do
do
Jan., 1896
do
do
Oct., 1890
Atlanta, Co.’s Office.
J. New York <fc Savannah.
O.
do
do
O.
do
do
J. Balt., N. Mechanics’ B’k
J.
do
do
Oct. ’77 to ’91
July, ’78 & ’81
Oct. 1, 1888
Oct. 1, 1890
Jan^ 1, 1890
Jan.
J.
do
do
J.
Hagerstown.
J. Balt., N. Mechanics’ B’k
J.
do
do
J.
do
do
O.
Philadelphia, Office.
J.
do
do
O.
do
f
do
N. New York, J.M Pickrell
D. Balt., Safe Deposit Co.
1, 1890
1890
1890
1895
Jan.,
Jan.,
Jan.,
Jan.,
1900
Jan.. 1902
April 1, 1893
1, 1896
Jan.
Oct.
1, 1901
May 1, 1900
June, 1900
*
D.
J.
N.
J. N.
J.
J.
Various
A.
F.
A.
A.
8s,
Jan.
Jan.
1878
1883
1879
1885
1890
1890
1890
1890
do
do
do
do
do
do
do
& J.
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
J.
J.
exchanged for general
1902
April 8,
July 1,
July 1,
July 1.
Balt., R. Garrett & Sons
Q-J.
The company has been assisted by Balt. & O.
1st and 3d mortgages, placed together, were
6s, and
& J.
M. & N.
M. & S.
J.
A.
A.
J.
Washington City, Virginia Midland & Great South¬
earnings year ending Sept. 30, 1875,
$1,033,980; expenses, $672,367; net earnings, $401,
Jan. 1, 1891
Nov. 1, 1886
1891
1876 to 1889
Jan. 1, 1887
do
do
do
M. & S.
S.
6
July 1, 1891
A. & 0. N.Y., Del., L. & W. RR.
M. &
7
7
3
May 1, 1878
June 1, 1872
tT._
& O.
& A.
& O.
•Tuiift, 1877
Loudon.
1881
1886
1896
do
Y., Nat. B’k Republic
Boston, Office.
July 1, 1901
Worcester, Office.
July 1, 1876
do
do
1881 & 1887
Dost., Globe Nat. Bank.
do
do
Worcester Office.
& 0. Bost., Globe Nat. Bank.
payment
was
and
made of coupons
April 1, 1893
Feb. 1, 1895
April, 1878
April 1, 1894
due July,
1873
January, 1874, in January, 1877. The July 1877,
interest
on^ unendorsed bonds was not paid till
January, 1878. Annual report for last fiscal year, to
September 30, 1877, showed gross receipts, #332,085;
expenses, #219,940; net receipts, $112,145.
41, 298, 406; V. 26,
p.
of which have been
do
do
F. & A.
J. & J.
A. & 0.
6 & 7
Dividend.
Y., Metropolitan B’k. Aug. 1, 1890
do
do
Aug. 1, 1890
do
do
Aug., 1888
Q.-F.
Western
ern.— Gross
originally $400,000 1st
A.
N.
A.
N.
& N.
& N.
O.
F. & A.
earnings in 1875, $241,056.
612.
The
&
&
&
&
N.
g.
g.
g.
g.
Stocks—Last
Whom.
F. & A.
J.
6
7
7
7
2
Where Payable, and by
Bonds—Prinei
pal, When Due.
N. N. Y., D. L. & W. RR.
D. Boston, E. Blake & Co.
J. Boston,Nat.Bk.of Redm
J. Boston, Globe Nat. Bk.
N. Boston,Nat.Bk of Redm
D.
do
do
N.
do
do
J.
do
do
N.
do
do
O.
•Boston, Office.
J.
do
do
J.
do
do
J.
do
do
J. Phila , Girard Nat. B’k.
J.
do
do
& J. Phila., Girard Nat. B’k.
& O.
do
do
& J.
do
do
M. &
A. &
J. &
A. &
3^
j
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
7
Warren (N. J.).—Leased to Delaware, Lackawanna
& Western at 7 per cent on stock and bonds. Net
p.
She
M.
J.
J.
J.
M.
J.
M.
J.
M.
A.
J.
J.
J.
J.
J.
J.
A.
J.
7 g.
4
7
3
6
6
7
7
10
8
8
8
6
6
6
6
6
6
6
6
6
7
8
7
648,700
When
Payable
J.
6
6 & 8
earnings, and net earnings of $1,C60,398. (V. 25, p.
64, 89; V. 26, p. 2 1 5, 445, 471, 496, 524, 549, 592,
some
....
....
....
3
4
8
7
7
7
626; V. 27, p. 17, 68.)
Valley (Fa.).—This road was built chiefly by sub¬
scription of Balt. & Ohio RR., Baltimore city, and
Virginia counties. Operation of the road by Balti¬
more & Ohio was discontinued, and temporary lease
made to Shenandoah Valley Kailroad.
(V. 20, p. 10,
453; V- 21, p. 396; V. 22, p. 463, 559, 591, 607.)
Central.
100
....
....
700,000
578,859
1,650,000
1,500,000
526,500
821,300
1,100,000
1,359,750
400,000
1,000,000
1,000,000
500,000
920,000
750,000
600,000
1,200,000
200,000
400,000
....
1870
1872
1863
1865
WUmington <& Weldon—Stock
Sterling bonds
.
1867
1868
188
,
....
90
90
57
28
WUmington, Columbia <£ Augusta—1st mortgage...
....
1858
90
600,000
2,692,539
Rate pei
Cent.
1:200:000
....
1871
1,800,000
....
....
27
900^000
2,500.000
2,495,000
500,000
300,000
1,000,000
1,500,000
2,500,000
2,610,000
2,700,000
3,015,950
750,000
....
1867
....
336
3,000,000
1,500,000
500,000
3,000,000
1,500,000
1,500,000
444,100
1,508,600
2,860,000
550,000
200,000
150,000
703,500
850,000
145,000
1,180,600
217,400
16,000,000
....
1858
1860
.
128
1st mortgage, unendorsed
2d
do
endorsed by Baltimore
2d
do
endorsed by Washington
2d preferred mortgage, unendorsed.
3d mortgage, guaranteed by Baltimore
4th
for Baltimore City stock
do
100
1870
1875
1871
1855
....
West Jersey—Stock
1st
1872
1866
1866
1866
33
29
75
(Quincy & Toledo)
2d mortgage, O. & A. RR
1st and 3d mortgage, O. & A. RR
4th mortgage, O. & A. RR
funded interest, O. & A. RR
1st mortgage, O., A. & M. RR
Gen. mort., gold, Wash. C., Va. Mid. & Gt. South’n
Lynchburg & Danville, 1st mort., guar., coup
Westchester <£ Philadelphia—Preferred stock
1st mortgage, new
Westei'n
1869
75
mortgage
Washington City, Va. Mid. <£ Gt. Southern—Stock...
do
1865
167
180
—
1st consol,
1st
$100
649
(Illinois & Southern Iowa)
mortgage (Toledo & Wabash)
2d mortgage (Wabash & Western)
2d mortgage (Great Western of 1859)
Consol, mort., (on all but Decatur & E. St. L.)
1st mortgage, (Decatur & East St. Louis)
Funded debt bonds and scrip ($943,950 at 7)
Warren (N.J.)—Stock
2d mortgage
Loan of 1883,
Ast mortgage
....
.
140
140
8pecial loan, funding mortgage
*
Outstanding
....
1871
1871
1866
1866
1866-9
1867
1872
INTEREST OR DIVIDENDS.
Amount
Value.
....
....
Vermont <& Massachusetts—Stock
■1st mortgage (sinking fund $7,000 per year)
^Convertible bonds
do
do
1st mortgage
1st mortgage
1st mortgage
1st mortgage
list mortgage
or
Par
98
Bonds, guaranteed by Vermont Central
Missisquoi Railroad bonds
Vermont Central— 1st mortgage, consolidated
2d. mortgage, consolidated
Equipment loans
!
etansteau, S. & Chambly bonds
Income and extension bonds (to pay float’g debt).
do
do
Size,
•
at the head of first page
[Voi,. XXVII.
lessee,
p.
(V. 25,
84, 471.)
Pennsylvania.—The Pennsylvania RR
#972,650 stock out of the total amount
$1,022,450, $148,000 of branch bonds, and ill of
$1,200,000 general mortgage bonds; net earnings
1876, $225,498. (V. 22, p. 206.)
S
*
owns
of
WWiamston & Tarboro.—Road in
progress.
recent financial information.
WUmington
Columbia
&
earnings were $116,633 net.
of indebtedness for
368,393; V. 27,
p.
No
Augusta.—In 1875-6
There
$336,000. vV. 22,
68.)
certificates
15; V. 26 d
are
p.
V
'
Wilmington & Weldon.—Formerly leased to
’P*
Wil-
c?lumbia & Augusta road, but in Dec.,
lo77, default was made by lessee and p operty
reverted. (V. 22, p. 16; V.
26, p. 68, 420, 496.)
Wisconsin Central.—Defaulted
July, 1875 and
funded 9 coupons. Afterwards built a
considerable
length of road. In year ending Sept. 30.1*76, gross
earnings were $709,935; expenses. $412,201; net
earnings, $297,733. Paid rent of Mil. & North¬
ern
RR., leased, $167,404. Land grant is over
800,000 acres. The Philips & Colby Construction
Company operati. g this road became embarrassed
in Dec. Ic77. (V. 23, p.
478; V. 26, p. 18.)
Worcester & Nashua.—Guarantees the stock and
bonds of Nashua &
Rochester, leased. For year
ending September 30, 1877, gross income was
bought its overdue coupons.
The bonds remain¬ $528,883, .and expenses,
ing in default for interest to their holders were rental $524,301. (V. 22, p. including interest and
545; V. 24, p. 158; V. 25,
the second preferred
unendorsed; and on those p. 430.)
Western
sisted by
Maryland.—This company was largely as¬
the city of Baltimore, which has also
September 28,
CANAL STOCKS AND BONDS.
1878.]
XXXI
r
Subscriber* will confer
a
great favor by giving Immediate notice of any error discovered in these Tables.
DESCRIPTION.
Miles Date Size, or
For explanation of column headings, &c., see notes
of
of
Par.
at the head of first page of tables.
Canal. Bonds. Value.
Chesapeake dk Belaware—Stock
1st mortgage (originally $2,800,000)
14
14
Chesapeake dk Ohio—Stock
Maryland loan, sinking fund
Guaranteed sterling loan
Bonds having next preference
•
Lehigh Coal <£ Navigation—Stock
conv., coup., gold (assumed L. & W. Coal Co)
1st mortgage, registered
1st mortgage, registered, railroad
Mort. loan, g. ($2,310,000 assumed C. RR. of N. J.)
Loan
Loan extension, convertible till December, 1877.
Consolidated mortgage loan
Greenwood mortgage, reg.
Extended, 1877
Monongahela Navigation Co.—Stock..
60
60
148
148
1869
1871
1874
1877
....
•
•
....
....
....
....
....
.
....
....
327
327
108
General mortg., interest guar’d by Penn. RR
common
....
1872
1871
1872
m
m
m
1876
1865
1869
1870
.
.
....
^
....
....
car
....
loan
loan
....
do
bonds of 1872
Union—1st mortgage
Chesapeake & Belaware.—Delaware City to Chesa¬
(V. 27, p. 66).
:
Chesapeake dk Ohio.—Gross receipts, 1875, $473,210;
net, $254,175. Paid on bonds, $2*3,940. (V. 24, p.
....
1870
1863
1864
Susquehanna—Stock
Maryland loan, 2d mortgage
Susquehanna Canal, common bonds, 3d mort
do
pref., 3d. T. W. priority b’ds..
.
#
1,000
1,000
1,000
1000&C
50
1,000
1,000
1,000
1,000
1,000
1,000
....
1,000
780,000
220,000
103,164
various.
various.
50
1,000
4,480,405
3,000,000
Rate per
Cent.
3
6
4
7
7
7
7
7
1*2
6 g.
6
6
6 g.
6
6
7
7
4
2
5
7
7
7
$994,6f'5;
J. &
&
F.
J.
F.
M.
J.
J.
A.
M.
&
&
&
&
&
&
&
J.
J.
J.
J.
F.
J.
F.
F.
A.
A.
F.
3,990,392
6
J.
1,000
1,000
1,000
1,200,000
260,000
756,650
628,100
6
6
6
7
J.
M.
M.
M.
50
2,002,746
6
6
6
7
6
J.
J.
J.
J.
M.
250,000
3,000,000
71 B’way.
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
D.
D.
D.
D.
A.
J.
Pittsburg, Office.
& A. Leh. Val. RR. Co., Pliila
& A.
do
do
& 0.
do
do
& 0.
do
do
& A.
do
do
1,000
....
do
do
do
Philadelphia, Office.
&
&
&
&
&
&
Q. -M.
1,000,000
1,320,000
325,310
do
do
do
S.
6
CT1
do
Balt., A. Brown & Sons
Q-J.
Q-F.
$1 40
.
do
J.
O. N. Y., office
S.
do
1,709,380
.
Philadelphia, Office.
N.
J.
3,175,900
^
Whom.
Q-M.
M. &
Payable, and by
London.
J. Balt., A. Brown & Sons.
A.
Philadelphia, Office.
J.
do
do
A. N. Y., Bk. of Commerce.
1,000
....
6
70c.
Q-J.
Q-J.
J. & J.
F. & A.
F. & A.
909,236
Where
& D.
& J.
J.
J.
6’
5
6
4
6
Lehigh Coal & Navigation.—Gross receiptein 1877,
expenses and int., $1,189,321; excess of
the latter, $194,655.
The Central R.R. of N. J.
assumes (in purchase of t quipment). $2,310,000 of
369.)
the gold loan due 1897, and leases the Lehigh &
Belaware Biv.—Leased to Leh:gh Coal & Naviga¬ Susquehanna Railioad.
The Lehigh & Wilkestion Co., at interest on bonds, and 8 per cent a year Barre Coal Co. assumes $500,000 of the gold loan
on stock
due 1897, and 1771,000 (all) of the convertible gold
Bel. dk Hudson Canal.—This Co., which is among loan due 1894, and bas also leased tbe coal lands
the largest miners and carriers of coal, leases the Aib. of the company. (V. 22, p.27 9; Y. 24, p.
217,
& Susq. and Renss. & Sar. Railroads. Also endorses 445; V. 25, p. 4*2.)
bonds of N. Y. & Canada RR. The annual report for
Monongahela Navigation tympany.—Receipts,
187 < is given in V. 26, p. 208 and p 242; and com¬
1875, $196,576; expenses, $80,487; dividends, $90,387.
mittee’s report. V. 2f>, p. 161.
(V. 24, p. 179, 227,
Morris.—Leased April, 18:1, to Lehigh Valley Rail¬
444; Y. 25, p. 161, 615; V. 26, p. 208, 242, 495, 564,
road for 999 years.
574, 599.)
TMe lessees assume bonds and
peake City, Md.
When
Payable
50
50
1841-4
....
508,520
41,550
717,000
1872
85
771,000
5,381,963
2,000,000
4,658,500
1,004,300
1,025,000
1,175,000
1839
1859
11,193,550
50
100
100
45
....
1,482,000
3,500,000
6,434,000
4,750,000
1,369,259
.
....
car
.
....
2d
Boat and
Boat and
20,000,000
m
I st
mortgage, extended
mortgage
Mortgage bonds, coup, (payable by P. & R.)
Improvement bonds
100
.
83
103
103
103
Pennsylvania—Stock
....
....
^
800,000
....
....
....
1,000
....
....
$2,078,038
1,993,750
8,229,594
50
....
....
1858
Outstanding
2,000,000
4,375,000
1,699,500
1,633,350
—
....
....
$50
Vario’s
25
....
148
103
o...
Preferred stock
New mortgage (for $1,000,000)
Boat loan
Preferred stock scrip dividend
Preferred stoclr
•
153
Loan,
Schuylkill Navigation—Stock,
•
....
Belaware Bivision—Stock
1st mortgage (extended 20 years in 1878)
Belaware dk Hudson—Stock
1st mortgage extended
1st mortgage, registered
do
do
Debenture loan of 1894, coup and reg
1st M., coup. & reg., on Penn. Div. ($10,000,000)
Morm^-Stock, consolidated
*
1856
INTEREST OR DIVIDENDS.
Amount
&
&
&
&
&
Philadelphia, Office.
Philadelphia, Office.
do
do
do
do
do
do
do
do
do
J.
do
J.
N.
N.
N.
do
do
&
&
J.
J.
& J.
& J.
<fe N.
.
do
do
'
Phila. and Baltimore.
do
do
do
do
do
do
Philadelphia, Office.
Bonds—Prino i
pal, When Due,
Stocks—Last
Dividend.
June, 1873
July, 1886=
1870
1890
1885
Feb.
4,1878
July 1,1898
Aug. 1,1876
Nov. 1,1891
1884
1891
1*94
1917
Sept. 2, 1876
1894
1884
1897
1897 '
’79- 80-’81-*82
1882
June 1,1911
1892
Aug. 4,1878
Aug. 4, 1878
April 1,1906
Oct., 1885
Feb., 1880
July,
1910
Aug. 25, 1878
Aug. 25,1878
March, 1897
1882 to 1907
1895
May, 1880
May, 1913
May, 1915
Jan., i.885
Jan.1,1878
Jan., 1894
Jan., 1902
May 1, 1883
scrip, and pay 10 per cent per annum on preferred
stock, and 4 on consolidated stock. (V. 12, p. 714).
Pennsylvania Canal.—Worked in interest of Penn.
RR. which guarantees interest on bonds.
An old
mortgage of *90,000 is due in 1887.
SchuylkiU Navigation Company.—Leased from
1870, to Philadelphia & Reading for 999
June 1,
years, at annual rent of $655,000, including '‘ertain
real and personal property conveyed to Philadelphia'
& Reading. The dividend of Aug. 22,1877, was pay¬
able in Phil. & Reading RR. tcrip. (V. 22, p. 493:
Y. 26, p.418.)
Susquehanna dk Tide Water.—Leased and operated
by Philadelphia <fc Reading Railroad for interest on
bonds and half of net earnings.
Union Cana!.—Stock, $2,907,850.
INVESTORS’ SUPPLEMENT
rxxii
E.
A.
LANCASTER
Bankers
66
! Vol. xxvii,
and.
&
CO.,
Brokers,
BROADWAY, NEW YORK,
DEALERS
IS
! FIRST-CLASS INVESTMENT SECURITIES.
L
GOVERNMENT
BONDS,
State, City, County, Railroad and Miscellaneous Securities
BOUGHT
VIRGINIA
ANI)
SOLD
TAX-RECEIVABLE
SOUTHERN
ON
COUPONS ' BOUGHT
SECURITIES
LOANS
QUOTATIONS
ARE
A
Called
bonds, registered
do
107)* 108
107* 108
AS
coupon
lt.2>i 102&
<02* 102*
105* 05*
105* 105*
5-20e, coupon, 1867
5-2Cs, registered. 1868.
5 20s, coupon, 1868
10 40s, registered
10-40s, coupon
58, registered, 1881
U6*
1 5*
106
105*
1(6
107
lu6
165* 1(5*
registered. 1891
coupon. 1891
4s, registered, 190?
48, coupon, 1907
4s, small, coup n
103* H 4
It 3* 1C3*
99*
.
€s, currency, 1895-99
1 0
lt’O* 101
ICO* 101
IN* 120
State Securities.
Alabama—New consuls, A..
New consols, 5s. B
43
70
44
20
4
C
Arkansas—6s, funded
42a1 railroads
lcV66S
Connecticut 6s
,
1833-84
107
lol
103
101
74
72
...
..
0s, 1883
Missouri—6s, due in
do
100
do
do
do
do
lo3* 104
103
101
do
do
do
coup. off. J&J
do A&O
1868-98
bonds, 1892-98
do
do
.
Special tax, class 1,1898-S9
do
do
J&J
..A&O
Ohio—6s, 1881
18
13
54
9
9
10
8*
8*
105
6s, 1886
Rhode Island 6e, coupon, 1893-94.
South Carolina—Consol., 6s,
approved
Cored., 6s, doubtful
Tennessee f«, old. 1890-2 8
....
-
16
16
74
74
54
107*
110
80
3l
32
4*
80
97
75
6-J
1(8
65
33
8s.
New
Orleans, La.—5s, premium.
Consol., 6s, 1892
30
34
90
.*
10J*
8s
116
60
55
Savannah, Ga.—7s, old
7s, new
Vicksburg City
Wilmington., N. C.—6s, gold
Railroad Bonds.
Alabama & Chattanooga, 1st, 8s
8
Atchison & Pike’s Peak, G@, gold
40
Atlanta & charlotte Air L.—1st
pref.,7s. 1 0
1st
let, 7s, 1897..
Consols, 1st, 7s, l'97, end. by Sarann'h
31
87
100
ICO
80
65
112
75
L6
31 ‘
36
98
97
103
101
117
65
60
85
,
2*
106
9
45
It 6
06
92
.
112"
60
34
36*
Columbia—1st,7s..!
Northern, 1st. 7s
56
Houston & Texas
Central, 1st, 7s, g.. J&J 90
Iowa Falls & Sioux
City, 1st, 7s
89
Kansas Pacific ...'
Louisville &
Nashville—Consol., ist, 7s 105
Consol., 2d, 7s, gold
87
Macon & Augusta, 1st,
7s, 1887
j&j 98
Moct
’OO
I P. 1
so'
85
75
1st, 7s..
Norfolk. &
Northern
Petersburg—1st,
100
101
8s, 104
103
1C2
105
J&J 103
A&U 101
J&J 91
107
98
S9
8S
Central—6s, 1885
6s, 19i0
6s, gold. 1900
Northern Pacific, new preferred stock...
Ohio & Mississippi—1st, 7s
2d, 7s
2d, 6s
M&N
83
-J&J
M&N
M&"
68
88
73
34
38
3d, 8s
4th, rs
Orange Alexandria. & Man., 7s. ....J&J
Petersburg RR.—1st, 8s, 1879-93... J&J
8, i902
-I&J
;
fitisburg & Connellsv.—ltt, 7s,’98..J&J
Consol., 6s, gold, 19.6
M&N
t R., Isr, 8s....
Richmond Freuericksb. & Tot.—6s..J& J
62
93
91
106’
90
luO
7s
Richmond & Danville, ist, 68
Richmond & Petersourg, 1st 8s
Savannah & Charleston, 1st. 7s
Savannah & Memphis—1st, 8s
1st, 7s
Seaboard &
93
65
Orange & AlexaLdria—1st, 6s
^
8
80
70
50
Piedmont
s
7s, guiranr, ed
Houston & Great
40
65
45
Nashville Chattanooga & St. Louis
NashviiHe & DcCntur, 1st, 7s
New Orleans Jacksm. & Gt.
No.—1st,
2d, 8s.
New Orleans &
Mobile—1st, 8s
1st, 7s..
vd, 8s
91
91
J&J 102
102*
6s, 18-5.....
A&O io:-*
Burlington C. R. & N., 1st, ftp, 1906. J&D 71
72'
Carolina Cential, 1st, (s,
gold, 1923 .J&J 35
40
Central Georgia, consol,
mortgiige, 7s.
Churl. Columbia & Aug.—1st,
consols, 7s 12 " 75’
2d mortgage
to
55
t
Cheraw & Dailington. 8s
H>4
Chesapeake & Ohio, 1st 6s
26
2)’
Denver & Rio G ande, 1st, 7s
72
73
East Tennessee &
Georgia, 6s
65
90
East Tennessee &
Viiginia, 6s, endorsed 93
95
East Tennessee Virginia &
Ga., Isr, 7s 160
Flint & Pere
Marquette, 8s. land grant.. 84
90"
Georgia RR.—7s
101
115
6s, 7880
85”
13*
10J
Interest, 8s
2d.
75
Guif—’oneols.
.
..
.
Atlantic &
2d, 8s.....
2d, 8s
97
80
4
35
J&J
6* Mississippi & Tennessee—1st, 8s, A
fcl
1st. 8s, 6
Mobile & Ohio—sterling, 8s
81
Atlanta, Ga., 7s.
Augusta, Ga., 7s, various....
Chaile^on, 8. C., 7s
Columbus, G 1., 7s
Lynchbu'g City, Va., 8s
Macon, Ga., 7s
Memphis, Tenn — 6s, 1900.
Gold, 6s, 1900
Mobile, Ala.—6s.
83
8 lock
City Bonds.
Greenville &
85
65
•q
Memphis & L. Rock, 1st M., 1907.
Mississippi Central—1st, 7s
.....
82*
13*
A&O
72*
Registered
Richmond, Va —6s
7s, ’92..F&A
2d, 7s, 18 5
55
6s, consol, 2d series
6s, deferred
,
Memphis & Charleston—1st, 7s,’80.M&N
68
2
2
c’ass 2
class 3
■*fO ' QQ-,rnn
102*
102*
J&J
34*
Bid. Ask.
Marietta & Cincinnati—Is
3d, 68
21
22
21
Atlantic Tennessee & Ohio, 1st,
8s, gold
Baltimore & Ohio-Stock
M&N
103*
A&O
J&J
A&O
Funding Act, 1866-1900
E4
103
101
..
ex-matured coupon
7s
It 3
due 1887.
North Carolina—6s, old, 1836 98
6s, old, 1886-98
JNo. Carolina KR., 1883-4-5
74*
110
101
1878
-6s, due in 1882 or 1883
•6a,
do 1886
€s, do 1887
5s,
do 1888
6-, do 1889 or 18^0
Asylum or University, due 1692
Funding, due 1894-95
'Hannibal & St. Joseph, due 1886..
1861
6s, consol,
8s, gold
104
7s, 1890
nn".
109’
107
coupon, 1879
sol, 7.8, small
New
101
109
108
Michigan—6s, 1878-79
33*
......
8s
100
Kentucky 6s
Louisiana—Consol., 7s, 1914
Co
series, 1911
Norfolk, Va., 6s
Petersburg, Va.—6s
107
7s, new, 1886
7s, endorsed, 1886
7s, gold, 1890
War loan
44
74
48
4*
Georgia—6s, 1879-80-86
Illinois—6s,
6e. new, new
Virginia—6s, old
26:
Ask.
Tennessee—(Continued)—
District of Columbia—3-6" s, 1924.
Small bonds
1»7J4
5s, coupon, Ib81
do
Bid
do
new issue, 1865
5-2 a, coupon, new issue, 1865
5-21 b, registered, 1867
SOLD.
SPECIALTY.
FOLLOWS, SEPTEMBER
6s. new, 1866
5-SOs, registered,
AND
NEGOTIATED.
Bid. Ask.
Government Securities,
6 per cent, registered, 1881
€ per cent, coupon, 1881
COMMISSION.
12
47
95
25
95
95'
50*
100
28
97
100*
97
J&J
..M&N
70*
75
lUl
Roanoke, 1st, 7s, 1890..F&A.
Selma & Gulf, 1st. 88
south. Carolina RR., 1st, 7s
South Georgia &
2d, 78..;..'.
Florida—1st, 7s. M&N
South Side, Va.—Isr, 8s, 1884-90
2d, ok, it84*90
cd, 6s, 18-54-90
..
Southwestern,-Ga., 7s
.
M&N
J&J 105
J&J 79
J&J 75
Virginia & Tennessee, 6s
103
82
80
95
102
95
-05
100
James River & Kanawha Canal1st, 6s.
2d, 6s
40
45
Mississippi Levee, 10
SO
8s
Western, N. C., 1st, 7s
Wilmington Col. & Aug,, 1st, 7s..J&D
Wilmington & Weld., gold, 7s, 1900.J&J
Miscellaneous
Bonds.
per cent bonds....
*:
Past-Due Coupons.
Memphis City coupons
South Carolina consol
coupons....
I ennessee State,
coupons
Virginia pealer
Virrinia
coupons
iax-Teceivable coupons...
....
25
35
15
10
20
15
8i
82*
@FedFRASER