Full text of Commercial and Financial Chronicle : September 29, 1877 : Investors' Supplement, Vol. 25, No. 640 [Copy 1]

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

5^
THE

OF

COMMERCIAL AND FINANCIAL CHRONICLE.
PUBLISHED

ON

THE

[Entered according to act of Congress, in the year

NEW

INVESTORS’

SATURDAY

YORK

SEPTEMBER 29,

SUPPLEMENT

Catmnerrial attfi jJ-matmal

sma&S!*

Cjjrnnicle.

Supp^ment is issued on the last Saturday of each month, containing

complete exhibit of the Funded Debt of States and Cities, and of the Stocks
and Bonds of Railroad and other Companies.
It is furnished without extra charge to all regular subscribers of The
Chronicle; no single copies are sold at the office, as a sufficient supply is

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

Transient advertisements

INVESTMENTS IN SEPTEMBER.
Tlie month of

September has been marked by the quiet which

usually pervades the market for investment securities at this
season.
The demand for money at the West and South to move
the large crops in those sections has caused a heavier drain on
our banks for legal tenders than for several years past, and with
signs of an active money market during the next three months
the inquiry for investment bonds has been
comparatively
limited.

the holders

of

the

have

1877.
bonds

of

States and cities in the

South

vicinity or abroad, and
question of paying arose there was no party
in the community pecuniarily interested
in having the
obligations honored—the general interest was to escape taxation
With municipal debts in the Middle and Eastern States the case
is quite different, as the bonds are largely held within the States
where they are issued; and if .the debt of New York city, for
instance, should be repudiated to-day, by far the most numerous
class of losers would be the savings bank depositors, whose
security for their earnings consists in those bonds which consti¬
tute a heavy item in the assets of the banks.
The savings
banks of New York city alone held over $40,000,000 city
bonds on the
first of
But in whatever
January, 1877.
shape the matter falls out, whether as to the holders of State,
city or county bonds, or of railroad bonds, or of mortgages on
western real estate, it is obvious that when all the creditors of
a
community are non-residents there arises an inducement among
the dishonest portion of the population to legislate against the
creditor, or otherwise to avoid their obligation if possible. The
force of law where its effectual application is practicable, or a
high sense of honor among the people, must be relied on in such

and

West

when

a

tisements

MONTH.

1877, by Wm. B. Dana & Co., in the office of the Librarian of Congress, Washington, D. C.l

OP THE

The

OF EACH

Furnished Gratis to all Subscribers of the Chronicle.

-

i

LAST

resided

ia

this

the

cases.

gold, government securities have further
Attention is directed to the large increase in our list of city
declined, and the four per cent bonds subscribe 1 for at par i n bonds
in this issue of the Supplement. A number of cities are
gold are now worth in the market about 99 in gold.
The now
represented in this list for the first time, and in the Eastern
exchange of $50,000,000 of the new four per cent bonds, for States
particularly, nearly every city having $500,000 or more of
five-twenties, according to the dates for which the latter have
debt is now represented by a full statement of its various issues
been called in, will be as follows: October 5, $10,090,000; Octo¬
of bonds.
In that section the local city bonds are held in highest
ber 16, $10,000,000; October 19, $10,000,000; October 27, $10,000,esteem as investments for corporate funds, and we doubt not that
000; total October, $40,000,000. November 3, $10,000,009.
our numerous subscribers among the officers of savings banks
In State bonds, it is noticed that Tennessees have declined
and insurance companies will appreciate the additions now made
since nearly all the bonds wanted by solvent railroads have been
to the list.
purchased, and the support given to the market from that quar¬
The total investments of all financial corporations in New York
ter has expired.
In Alabama, the State authorities have already
city, as appeared by our article recently published in the
exchanged a good part of the $5,300,000 Alabama & Chattanooga
Chronicle, was as follows:
State endorsed bonds for the $1,000,000 two to five per cents,
AGGREGATE INVESTMENTS OWNED BY EACH CLASS OF CORPORATIONS.
offered in place of them. Nothing further has been heard of the
-1875.
1876.
1877.
Arkansas compromise scheme.
No.
Amount.
No.
Amonnt.
Amount.
No.
Banks—
43
47
47
$52,702,695
National
$51,499,041
$55,475,229
City bonds are without material change, and command good
28
27
29
3,640,882
4,548,200
State
5,603,099
prices.
The theory that a city may tbe sued for debt, and
43
38
32
175,089,972
172,197,958
173,367,303
Savings
that its bondholders have therefore a remedy in case of default,
Insurance—
is a good one, but its practical working has not been very satis¬
71
72
Eirp
73
33,755,673
31,616,696
34.638,782
9
9
9
15,733,212
15,197,593
Marine
17,146,978
factory, Although States cannot be sued at law, and cities have
19
20
14
163,016,822
154,130,069
171,769.022
Life
in that respect been considered better obligors, it turns out that
9
8
8
25,941,270
22,737,799
26,751,160
Trust companies
when cities have become financially embariassed they have gen¬
$452,273,697
$479,463,378
Grand total
$480,830,934
erally compromised their debts, and bondholders have received
no benefit from their right to. bring an action.
ALL
THE
CORPORAAt the present AGGREGATE OF EACH CLASS OF INVESTMENTS OWNED BY
TIONS.
time, cities so prominent as Mobile, Memphis, Montgomery,
1876.
1875.
1877.
Houston, New Orleans and Savannah, make compromises on their
$136,629,322
United States bonds.
$118,319,354
$150,971,113
bonds of one sort or another, and in Missouri and other western
19,364,820
19,985,917
17,595,122
State securities
States it is notorious that the decisions of the United States
60,205,972
61,291,13-3
62,856,586
City securities
7,373,255
Courts against Cities, Towns and Counties in favor of the bond¬ County and town bonds...
8,566,171
6,634,103
15.562,173
12,640,980
14,397,832
holders have not been followed by prompt settlement of the debts^ Company securities..
R.E. bonds and mortgages 192,672,525
205,962,345
200,118,977
but evasions and compromises have been perpetuated ad nauseam.
31,645,013
32,800,291
Real estate
35,233,103
The conclusion from all these transactions is s'mply this—that
Total
$451,374,629
$479,091,094
.$480,410,384
the excellence of a city bond must greatly depend upon the per¬
899,068
State banks unclassified..
369,284
420,603
manent ability of the municipality to pay its debts, and the in¬
$452,273,697
Grand total
$479,460,378
$480 830,984
clination of its people to meet their just obligations, and if these
In the relative amount of the different classes of securities
two are wanting it is doubtful whether a suit at law against
held
there were some important changes during the year 1876,
the municipality will avail much.
It is a trying situation when
any community is loaded with debt held almost entirely by the increase being principally in United States bonds and decrease
residents of another State or country.
A large majority of in real estate mortgages.
With the weakness in




,

,

•

•

,

.

.

,

/— -

*

STOCK AND

BOND TABLES.

NOTES.

These tables are expressly intended to be used in
connection with the information
concerning Investment matters, published from 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
A full description of U. 8. Government Securities
figures.
is published regularly in the Chronicle
each month, as soon as the official
ment” is issued.
“Debt State¬
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
“mortgage,” s. f. for “sinking fund,” 1. gr. for “laud grant,”
frequently occur, viz.: M. for
reg. for “ registered,” coup, for “coupon,” Br. for
end. for “ endorsed.”
“Branch,” guar, for “guaranteed,”
Date of Bonds.—The date of issue on the face of the
bond is referred to in this
column.
Miles of Hoad.—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
Bate Per Cent.—The interest per annum is
given for bonds, but the per cent of last dividend for figures “ 100, Ac.,” signify $100 and larger.
When Payable.—J. & J. stands for Jan. A
stocks; g means gold; x, extra; s, stock or
F. A A., Feb. & Aug.; M. & 8., March A
July;
scrip.
D., June & Dec.; Q — J., quarterly from
Sept.; A. A O., April A Oct.; M. A N., May A Nov.; J. &
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
when the last dividend was paid on stocks.
principal falls due of bonds, but the tim e
•

■

STATE
Subscriber* will confer

a

great favo*

DESCRIPTION.
For explanations

see notes

Date of
Bonds.
above.

Size

or

par

Value.

Alabama— Substitution bonds (A)
1876
$100 Ac.
Substitute b’ds for RR. ($4,000 p.m. loan) (B)
1876
100 Ac.
do
for Ala. & Chatt. endorsem’ts
1876
(C).
100 Ac.
Educational funded debt
Direct loan to Montgomery & Eufaula RR....
1870
Railroad bond indorsements unprovided for.. 1870 to’71
Arkansas—Funding bonds of 1800 and 1870... 1869 to’70
1,000
Funding Bonds 1870 (Holford)
*.
1870
1,000
Levee bonds (or warrants)
1871
100 Ac.
Old unfunded debt,
including interest
1838 to ’39
Ten year b’ds, Act

May 29.’74
Secured sinking fund bonds (Act.
Dec., 1874)
To Memphis & Little Rock Railroad

1875
1875
1869
1,000
To Little Rock & Fort Smith Railroad
1870
1,000
To Little Rock, Pine Blurts & N. Orleans RR..
1870
1,000
To Miss.; Ouachita A Red River Railroad
1870
1,000
To Arkansas Central Railroad
1870
1,000
State scrip
1863
California—Soldiers’ relief
1863
500 Ac.
State capital bonds
1870 to’72
Funded debt bonds of 1873
1873
500 Ac.
Connecticut—War bonds, 20 year
1863
) Coupon
1,000
War bonds, 20 year
\ ’ or
1864
1,000
do
not taxable, 20 year.. )
1865
regist’d.
100 Ac.
New' bonds, coupon, 10-20
year
1877
1,000
Dist. of Columbia— Perm’t
imp’t, gold, cp. or rg.
1872
500 Ac.
Permanent improvement, currency
1873
Fund, b’ds (U.8. guar., Acts
June,’74A Feb.,’75)
1874
50 Ac.
Market house bonds, coupon
1872
50 Ac.
Potomac water bonds, coupon
1871 to’73
1,000
Washington funding, gold
1872
100 Ac.
Other Washington debt
1S28 to’68
•

•

•

•

....

....

....

Corporation of Georgetown
Florida—State bonds
Consolidated gold bonds

....

1871
1873
Jacksonville, Pensacola A Mobile RR.
1870
Georgia—Atlantic & Gulf Railroad bonds
1858 to ’66
Bonds, act of Mar. 12, ’66 (renewal W. & A.)..
1866
Quarterly gold bonds, act of Sept. 15, 1870..
1870
Bonds, act of Jan. 18, ’72
1872
Bonds for funding (Act Feb. 19, ’73)
1873
\ Bonds to fund coupons on endorsed bonds...
1876
Bonds exchanged for RR. bonds endorsed
1877
Illinois—Interest bonds, inscribed stock
1847
Refunded stock bonds
Normal University bonds
Thornton loan bonds
War bonds
Loan to

Indiana—Bonds, short loan
Bonds, short loan
School fund bonds (uou-negotiable)
Kansas— Bonds, 1861 to ’69,
funding, &c
Bonds for various State purposes

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 coupons
do
to Boeuf A Crocodile
Navigation Co...
do
issued to State Penitentiary
-

.

SECURITIES.

by giving Immediate

i.ooo
1 000

500
500 Ac.

1,000
1,000
250Ac.

1,000
....

....

1,000

1,000
1,000
100 Ac.

1875

....

1876

....

1861 to ’69
1861 to ’75
1864 to’65
1853
1866
1867
1870
1866
1870
1869

100 Ac.

100 Ac.

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

1,000
1,000

'

notice of any error

Outstanding

456,000

650,000
2,810,670
300,000
3,405,000
1,886,000
1,316,000
1,986,773
1,985,955

J.
J.
J.

A J.
A J.
A J.

8
8
6
6
7

J.

A

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

256,000
1,200,000
1,000,000

1,200,000
600,000
1,350,000
1,353,120
95,500

J.

8

g-

.

2,278,000
913,164
224,000

23,000
86,000
142,300
200,000
510,000

3,904,783
101,175
739,000
289,000
120,000
518,000
207,000
526,000
747,500
100,300
80,000

87,000

6
7
7 g.
7
8
7
6
6
6
6
6
'6

7
6
0
6
7
7
6
6

8
6
8
6
8
7

Principal when

Where Payable and by
Whom.

Due.

New York.

July 1,1906

do
do

N.

Julv 1. 1906

July 1, 1906

Y., Union Trust Co.
do

1899

1900
1900

do

J. New York, Latluirn, A. A Co.
A. A O.
N. Y., Union Trust Co.
A. A O.
do
do
A. A 0.
do
do
A. A O.
do
do
A. A 0.
do
do

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

1884
^

m

.

1899
1900
1900
1900

April, 1900

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

J.
1883
Sacramento, Treasury.
J.
do
do
1885
J.
do
do
1893
J.
Jan. 1, "1883
Hartford, Treasury.
J.
do
do
Jan. 1, 1884
O.
do
do
Oct. 1, 1885
N.
do
do
May 1, 1897
J. N. Y., First National Bank.
July 1, 1891
J.
do
do
July 1,1891
A.
do
do
Aug. 1, 1924
J.
Washington, D. C.
July 26, 1892
J.
do
Oct. 1, 1901 to ’03
Various New York and Washington.
1892
Various
Washington, D. C.
O.—J
do
N. Y., Importers’ A Tr. B’k.
J. A J.
do
do
Jan. 1, 1903
J. A J.
F. A A. N. Y., Fourth National B’k. 1878-’81 and 1886
J. A J.
do
do
May, 1886
do
do
Q.-J.
Oct., 1890
J. A J.
do
do
July, 1892
A. A O.
do
do
April 1,1878 to’86
J. A J.
do
do
July 1, 1896
J. A J.
do
do
1889
J. A J. N. Y., Am. Exchange Bank.
Jan., 1878
J. A J.
do
do
Various
J. A J.
do
do
Jan., 1880
M. A ,8.
do
do
Jan., 1880
J. A J.
do
do
Jan., 1880
A. A 0
New York.
April 1,1878
A. A O.
do
April 1, 1879
Various

N. Y., Donnell, L. & Co.
do
do
do
do

July.
J.
J.
J.

A J.
A J.
A J.

1883 to ’84
1878 to ’99
1884 to ’99

-

July, 1893

Various

1872 to 1906
1886

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

Alabama.—The State gives 30-year bonds, dated
Connecticut.—'The debt of Connecticut was all
per cent for 5 years, 3 per created
originally for war purposes. Assessed va'ue
cent for next 5 years, 4 per cent for next 10
years, of real ana personal property,
1877, $344,406,977;
and 5 per cent for last 10
years, for old bond-', with¬ rate of
taxation,
mills. (V. 24, p. 387.)
out any allowance for
4
past-due coupons. Alabama
& Chattanooga endorsed bonds
District of Columbia.—The total assessed value
may also be ek
changed (for $1,000,000 of the new bonds, class C. ) of taxable real estate in 1875 wras $93,452,684. The
For railroad endorsements
the
bonds
issued interest due Aug., 1S76, and Feb., 1877, on the 3-65
bear 5 per cent. An analysis
of the debt and fund¬ bonds was provided for by the Sundry Civil bill.
ing operations is in V. 24, p. 28. The value of all (V. 20, p. 289, 446; V. 21, p. 63,
417, 465; V. 22,
taxable property is given at
$160,000,000; tax rate, p. 181; V. 23, p. 542; V. 24, p. 39.)
7L/2 mills.
The assessed valuation of real estate in
1875 was $83,851,232.
Florida.—Lesstue sinking fund of $97,900, and J.
(V. 22, p. 110, 157, 205, 521;
P. and M. loan, the total debt is
V. 23, p. 30, 40, 397, 622; V. 24,
$1,161,700, which
p. 28, 420.)
does not include $132,000 bonds of
1357, held by
Arkansas.—Rate of taxation, 10 mills. The State Indian Trust Fund.
Real and personal
property
is in default for interest,
are
valued
about $35,009,000; tax rate; 7 mills. The
except on the ten per cents
of 1^74 and secured
sinking fund bonds, issued Jacksonville Pensacola & Mobile RR. is in litiga¬
under the law of December, 1874. Assessed
(V. 21, p. 466, 591; V. 22, p. 158,
valua¬ tion.
233; V. 23,
tion of taxable
property, $94,095,243.
The total p. 576; V. 25, p. 212.)
interest overdue July 1, 1876, was
$4,127,682,
making
total bonded debt, $15,905,310.
Georgia.—'The constitutional amendment in 1877
(V. 20. p. 161; V. declared
void several issues of bonds and railroad
23, p. 174; V. 24, p. 88, 42', 466, 564; V. 25,
p. 161.)
endorsements.
The So. Ga. & Florida RR. has
California.—The State holds in trust for School
$464,000 of bonds endorsed, but the Company
and University funds the $500,000
pays
Capitol bonds interest and the road is estimated to be
and $2,063,000 of bonds 1873. Total valuation
nearly w’orth
of the bonds. The total State debt is
$11,109,509, and
property, 1876, was as follow's: Real estate,
$454,- there are assets valued at $8,050.0(0. Assessed
990.351;
personal property, $139,217,693-total, value of
property in 1876 was as follows: Lands,
$594,238,046.
This amount appears smaller from
$91,855,772; city and town property, $54,186,037;
the deduction of “solvent debts” in
1876,
but
personal,
$99,811,941; tota'1, $245,853,750,
otherwise would have been much
higher.
Tax, $261,755,884 in 1875; rate of tax in 1877, fiveagainst
mills.
73# cents per $100.
Governor’s Message, V. 24, p. 89. (V. 22,
'
p. 440,




Table*.

A

May 1,

...

1907

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

.......

590,614; V. 23, p. 622; V. 24, p. 89, 152; V. 25, p.
1S8, 162.)

July 1, 1876, bearing 2

t

J.

J. A J.

500,000
g.
2,801,000
g.
877,000
1,318,500
1,741,100
1,000,000
4,000,000
g.
677,300
13,743,050
365
152,400
7
476,000
7
6 g.
1,812,300
1,235,824 5, 6, 7'3
252,317
6
350,000
7
6 g.
899,400
4,000,000
8 g.

900,000

Payable

2 Ac.
5
2 Ac.

*

'258,300

542,000

When

Rate.

$4,655,000

'900,000

in these

INTEREST.

Amount

3,600,000
2,098,000
307,500

discovered

Illinois.—The

Illinois Central

Railroad

charter

tax on earnings contributes pver
$300,0u0 per year
to the State revenue.
For 1877 the total assessed
value as equalized was:
lands, $491,704,984; town

and city lots, $208,521,067; total,
in 1876, 2‘8 mills.
(V. 24, p. 40.)

$892,342,308. State

Indiana.—There are also $139,000 of war bonds.
There has been some question as to the State’s oblb
gation to pay the Wabash & Erie Canal debt. Tax¬
able valuation, 1876—real estate, $633,246,860; per¬

sonal, $ 22.36>,781; railroads, $38,208,935; corP?rations, $4,900,811; total valuation,
$864,720,440,
against $897,739,783 in 1875, and $933,531,067 in 18.3.

Tax rate, 13 mills.
A law permitting towns to
issue bonds was passed in 1875.
A similar law
was passed for counties.
(V. 19, p. 493, 52o; Y. 21,
p. 85; Y. 22, p. 1C4, 209, 615.) -

Kansas.—Kansas has but a small State debt, but
issues of municipal bonds have been large.
The
valuation of
real and
personal property
in 1877 was $136,019,113,
against $132,144,580 in
1876.
Tax rate, 5 V mills for State purposes.
State funds hold f 610,925 of the bonds. (Y. 20, p. 14;
Y. 24, p. 40.)
the

*

Louisiana.—The fundiDg bill passed Jan. 24, 1874,
scaled the debt down to 60 per cent of the face value.

STATE

39, 1877. J

September

SECURITIES.

Subscribers will confer a great favor by giving immediate notice
DESCRIPTION.
For

Date of
Bonds.

explanation see notes oil first page of tables.

Louisiitna-f Continued)-

fund floating debt or State
Mississippi & Mexican Gulf Canal.,
do
to Northern Louisiana & Texas HR. Co.
do
school & seminary, held by St. Treas..
to N. Orleans, Mobile & Chatt. RR
do
do
to N. Orleans, Mobile & Texas RR
N. O. Mob. & Texas RR. bonds, end. by State
Consolidated funded bonds
Maine—Civil loan bonds
)
Bonds to
do
to

War loan

bonds

Bounty loan bonds
do
do

f
o

O

^

Size

Value.

1870
18(50
18(50
1857
1870
1871
1809
1874
1851 to ’61
1863
1863
1S64

g

$1,672,000

1,000

1,000

260,000
10,000

1,000

184,000

1,000

70,000

1,000

2,500,000

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

Rate.

6
7-30
8
6
8
8
8

875,000
11,153,300

7
6
6
6
6
6
5
5
5
5
3
6
6
6
6
6
6
6
5
5
5
5
5
5
5
5
5
5
5

25,500

385,000

1,000
500 &c.
100 &c.

307,000
2,330,000
2,826,900
2,028,888
2,551,444
155,615
31,069
269,000
528,355
298,435
62,605
3,226,750
225,000
465,000
454,361
220,000
200,000
888,000
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

When

M. & N.
N. Y., Winslow, L. <fc Co.
M. & S. N. 0., Louisiana Nat. Bank.
A. & O.
N. Y., Winslow. L. & Co.
Various N. O., Citizens’ Bank of La.
J. & J.
N. Y., Winslow, L. & Co.
A. & O.

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

•

•

•

....

....

....

,i

....

m

ra

^

_

.

.

....

....

...

Minnesota—State Building Loan.

1867

State Building Loan
do
do
do
do
coupon
Railroad Bonds (not recognized)
Missoinu—State bonds
Consolidated bonds

1868
1869
1873
1858
1865 to *66
1868
1872

University and Lunatic Asylum bonds
State Bank stock refunding

1874
1S54 to’58
1857 to ’59
1859 to ’60
1854 to ’59
1853 to ’59
1857 to ’66

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

Funding bonds
Renewal bonds, coup., 5-20s, (act Mch. 29, ’7c)

1874
1875-6
Hannibal & St. Joseph Railroad
1857 to ’75
do
do
renewal
;
1874
Nebraska—Bonds (act Feb. 14,1877) coupon...
1877
Neruda— State bonds
1871
Territorial bonds
1872
New Hampshirc-r-War loan, coupon bonds
1861
War loan, coupon bonds
1864
1-872
Municipal war loan
State bonds
1873
New Jersey—War loan bonds, tax free
1861
War loan bonds, tax free
1863
do
do
taxable
1864
—

Funding

was resumed May, 77, subject to Supreme
Court decision
(See V. 24, p. 5.9).
The New
Orleans Stock Exchange, Sept. 14, gives old debt
fundable, $%1,0J0; old not fundable, $3,9J1,C00.

The total assessed value of real estate

in

1875 was

$150,507,073; personal. $40,349,547; of which New

Orleans had $93,463,269 of real and $20,118,833 of

personal. The gross revenue in 1875 was $3,2b6,153
and expenses. $3,185,707. State tax rate, 14 V mills.
(V. 21, p. 15, 63, 110, 159, 231, 489, 535, 613.; V. 22. p.
V. 23, p. 525, 595; V. 24, p. 469, 519; V. 25, p.

sO.)

Maine.—'The sinking funds ($791,29 ),

1977, reduce the

$5.129,107.

$255,000,000;

January,

total debt to a net amount of
Valuation of total taxables in 1875,
tax rate in 1876, %% mills.

Maryland.—The assessed valuation of property in
1876 was $429,112,418, on which the rate of taxation

was
on

17V cents

$100; income from dividends
other stocks owned by the

per

railroad, canal and

State was $72,562.
The State has largely assisted
canals and railroads, and holds $4,454,370 of stocks
andbonds of companies paying interest promptly,

leaving only $6,276,154

the State also holds

curities.

of debt without any offset:
$22,957,935 in unproductive se¬

Massachusetts.—All

Massachnsetts

is
the State stands

Uuring 1817

interest

on

paid in coin.

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

The credit of




1,000

50,000
250,000

1,000
1,000

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

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

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

100
100
100
100
100

2,275,000
439,000

2,727,000
401,000
104,000

1,945,000

392,000
504,000
1,528,000
2,971,000
784,000
1,000,000
3,805,000
1,518,000
1,482,000
566,369
160,000

&c.

800,000
110,000
600,000
2,206,100

<fec.
Ac.
<fec.
&c.

800,000
900,900
593,400

500.000

A.
J.
J.
J.

&
&
&
&

-

■

‘

and

personal property, 1877, $030,000,000, and tax
mills. Surplus revenue is applied to pur¬
chase of bonds. (V. 20, p. 139.)

held by
school fund. Minnesota has refused
to recognize the “State Railroad bouds ” of 1858
to the amount of $2,275,000. A proposed constitu¬
tional amendment in 1877 provided for a settlement
with the holders, but was defeated by a large
are

now

the permanent

majority.

which
of which $45,302,485 was personal;
State tax,
2 mills; tax for all purposes, 16 6-10 mills.
(V. 22,
p. 63, 567; V. 24, p. 40, 170, 227.)

equalized valuation of all real

and personal property in 1376 was $1,001,123,110.
The State had $1,428,000 bonds maturing in 1875,
and $3,907,000 in 1876.
To provide for'these, a
law of 1875 authorized the sale of new bonds.
A

dangerous forgery of bonds to Pac'fic Railroad,

fuaranteed,
has been
found.for The
St.
provides
oseph Railroad
its Hannibal
debt. & (V.
own

22, p. 83, 5J1; V. 23, p. 135, 397, 493; V. 24, p. 171,

New Hampshire.—'The debt of New Hampshire

created for war purposes, and is being
gradually
reduced. The Municipal loan of 1872 was issued to
cities and towns, the proceeds to be applied to their
war debts.
Total valuation in 18.6, $199,080,353.
Tax rate, $2 per $1,000.

New Jersey.—The debt was created for

.

July 1, 1910
April, 1911

do
d©
do

Aug. 15, 1880

Augusta and Boston.
London, Baring Bros.
do

do

Baltimore, State Agency.
do
do
do
do
do
do
do
do
do

O.
J.
J.

J.

do
do
d (P
do
do
do
do
do
do

Jan., 1914
March 1, 1878
March 1, 1883
June 1, 1889
Oct. 1,1889
1890
1890
1880 & 1890
1890
1890
1885
1890
1890
1883
1885 & ’89

1887 & 1891

New York.— There is also $68,000 contingent debt
of Long Island Railroad, and $7,361 per annum for
Indian annuities.
The last of Bounty debt was

paid off and $2,100,0J0 of general fund debt, April,
1877. An abstract of the Comptroller’s report was
given in V. 24, p. 17. The following were valua¬
tions and tax rate for State purposes in the years
1859 and 1365, and from 1870 to 1876 :
Year.
1859

Real Estate.

Personal.

$1,097,564,524
1,158,327,371

$307,349,155

1,532,720,907
1,599,930,166
1,644,379,410
1,692,523,071
1.750,698,918
1,960,352,703
2.108,325,672

3:32,552.314
434,28 >,278

452,6)7,732
147,243,035
437,102,315
418,608.955
407.427,399
357,9)1,401
For 1876 7 the Comptroller recommends

of

31-6

on

town

•

State tax.

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

7V
6
3 11-24

a tax rate
mills.
Local taxation was $10,632,718
taxes, and $32,986,475 on county taxee,

making, with the State levy, a total of $52,148,363
raised by taxation, of which $30,105,108 was in
New York City.
In 1874, the local debts of
cities in New York State were $137,539,6,9: of
counties, $46,685,264, and towns, $25,140,181.
(V.
22, p. 63,471; V. 24, p. 17. 49.)
North Carolina.—North Carolina is heavily burden¬
ed with debt, in proportion to her taxable property.
Total property was assessed in 1872 at
$123,507,628^a
low valuation. Interest is paid on bonds issuot.
to North
Carolina Railroad ($2,800,000), as the
State holds $3,000,200 stock and receives div¬

idends thereon.

Other interest in default. A fund¬
ing bill passed the Legislature March. 1875. (See

war
pur¬ R.” issue of $2,800,000 to that road, coups, on since
Of the first two classes of bonds the princi¬ Jan. & April, ’69; t-ame “coup, off” liave had 7
pal is payable $100,001 per year. Valuation of real coups, paid: “funding act ’66 ” carry coupe. Jan.,
property in 1876, $445,918,221; personal $160,437,340; ’69;
“funding act 953” carry coupons April,
total, $596,914,707, against $612,731,094 iu 1375. I ’69. “ New ’’—authorized before war, except $1,500,State tax, 3 mills.
.
i 000 in 1868; “Special tax, let,” carry coup. April,

poses.

(

do
do
do

Taxable property, 1675, $218,855,743. of 1#65
$45,162,467 was personal; in 1876, $218,850,744,

Missouri.—'The

1899
1909
1897

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

rate 2 V

Minnesota.—All the State bonds

May, 1910

1887
& N.
Boston, Treasury.
May 1, 1880
& J.
do
do
July 1, 1878
& J.
do
do
July 1, 1883
& J.
do
*
do
July 1, 1883
& N.
do
do
May 1, 1894
& N.
London, Baring Bros.
May 1, 1894
& J.
do
do
July 1, 1889
A. & O.
do
do
Oct., 1888 to ’90
A. & O.
Boston, Treasury.
April, 1890 to ’94
A. & O.
London, Baring Bros.
April, 1882
J. & J.
do
do
July, 1891
J. & J.
do
do
Jan. 1, 1895
J. & J.
Boston, Treasury.
July, 1891 to ’94
J. & J.
do
do
July 1, 1895
A. & 0.
do
do
April 1,1890
J. & J.
London, Baring Bros.
July 1, 1900
J. & J.
Boston, Treasury.
Sept. 1, 1894-96
Various
Boston, Treasury.
J’ly 1 ,’94-Sep. 1 ,’9 6
Various
do
do
Mayl’95-Sep.l,’96
J. & J.
London, McCalmonts.
Jan. 1, 1895
J. & J. N. Y., Am. Exchange Bank.
July, 1878
J. & J.
do
do
187*8 & ’83
M. & N.
do
do
May, 2 890
J. & J.
do
do
July, 1879
J. & J.
St. Paul, Treasury.
1877
J. & J.
do
do
1878
J. <fc J.
do
do
1879
J. & J.
do
do
1883 to 1903
J. & D.
Dec., 1887
J. & J. N. Y., Bank of Commerce.
1883
J. <fc J.
do
do
1888
J. & J.
do
do
July, 1892
J. <fc J.
do
do
J. <fc J.
do
do
1877 to’88
J. & J.
do
do
1877 to ’89
J. & J.
do
do
1889 to ’90
J. & J.
do
'do
1877 to ’89
J. & J.
do
do
1876 to’87
J. & J.
do
do
1876
J. & J.
do
do
July, 1894
J. & J.
do
do
1895-6
J. & J.
1887 to '95
N, Y., B’k N. America.
J. & J.
do
do
A. & O.
State Treasury.
April 1, 1897
State Treasury.
9% & 10 Various
1881 and ’82
M. & 6.
do
9^
March, 1887
6
J. & J.
Concord or Boston.
July, 1878
6
M. & S.
do
do
Sept., 1884 to ’89
6
J. & J.
do
do
Jan., ’92 to 1905
6
J. <fc J.
do
do
1879 to ’80
6
J. & J. Trenton and Jersey City.
Jan., 1878 to ’84
6
J. <fc J.
do
do
Jan., 1886 to ’96
6
J. & J.
do
do
Jan., ’97 to 1902
g.
gg.
g.
gg.
g.
g.
ggg.
5 g.
5 g.
5 g.
5 g.
5 g.
5 g.
5 g.
5 g.
5 g.
6
6
7
6
7
7
7
7
7
6
6
6
6
6
6
6
6
6
6
6
6
6
6
8

was

debt has been largely diminished

Assessed valuation of real

100,000
100,000

&

Nevada.—The debt of Nevada is hardly more than

m

the last few years.

1,000
1,000

Winslow, L. & Co.
Boston, Suffolk Bank.

3.
Q.-J.

J.

due.

N. Y.,

Quart’y

nominal.

1876, $1,262,142 326; personal,
bank shares, $538;405,162: tax rate. 1575,

Michigan.—'The

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

A. & O.

$413,000.

mills. The loan to B. H. & E. Railroad was
secured by deposit of $3,600,000 “Berdell”
mortgage
oonds, afterwards exchanged for new stock, and
had a
sinking fund of $963,800 January 1, 1877. (V.
336, 521; V. 21, p. 277; V. 22, p. 62; V. 23, p.

ln

1,100,000
1,292,280

Q.-J.

Nebraska.—Of these the State school fund holds
(V. 24, p. 204.)

the funded debt of

the funded debt has been redneed
$850,0,0.
The sinking fnnds m January, 1877,
were $11,070,520.
The Hoosac tunnel has cost
the State about
$17,666,070, including interest paid,

finding
106

1,350,000

g.
g.

321, 542.)

nigh in London and at home.

heal estate assessed

•

Principal when

Where payable and by
whom.

Payable

123781
•

....

discovered In these Tables.

INTEREST.

outstanding.

$1,000

1868
Municipal war debt assumed
1838
1838
Chesapeake & OliioCanal, sterling
Various.
Railroads and canals
1839
Eastern Shore Railroad
1837
Baltimore & Susquehanna Railroad
1870
Chesapeake & Ohio Canal
1839
Baltimore & Susquehanna Railroad
1839
Annapolis & Elkridge Railroad
Defense Bounty Loan
1868
1870 & ’74
Deaf and Dumb Asylum Loan
1872 «fc ’76 100 &c.
Maryland Hospital Loan, 10-15 years
1872
Maryland State Loan
1861 to ’62
Massachusetts— Back Bay Lands Loan
500
Union Fund Loan
1862
1,000
Coast Defense Loan
1863
1,000
1863
Bounty Fund Loan
1,000
1864
500 «&c.
Bounty Fund Loan
do
do sterling
1864
£100 &e
War Loan, sterling
1869
£200
1858 to ’61 £200 &e
Troy & Greenfield Railroad loan, sterling..
do
do
home
1861 to’63 500 &c.
do
do
1868
£100
sterling..
do
*
do
1871
200 Ac.
sterling
do
do
1875
sterling
£500
do
do
dollar bonds 1873 to’74
1,000
do
do
do
1875
1,000
Southern Vermont Railroad Loan
1860
5,000
Boston, Hartford & Erie Railroad, sterling... 1868 to ’69
£200
Harbor Land Improvement (5-110s)
1874 & ’76
1,000
Danvers Lunatic Hospital
1874 <fc’7(>
:
1,000
Lunatic Hospital, Worcester
1875-’76
1,000
New State Prisons, sterling
1875
£500
1858
Michigan—Renewal Loan Bonds
1,000
Two Million Loan
1863
1,000
War Bounty Bonds
1865
1,000
Sainte Marie Canal bonds
1859
1,000

any error

Amount

or

par

ot

i

STATE

VI

Subscribers will confer

a

great favor by giving

DESCRIPTION.
For explanations see notes

Date of
Bonds.

first page of tables.

on

SECURITIES,

Size

[September 29, 1877.

Immediate notice of any error discovered In tUese
Tables.

i

Amount

or

INTEREST.

outstanding.

par

Value.

1

Rate.

j

1875

Canal debt,

do

^

•*-

1—1

—

847,500
4,302,000
2,000,000

1 ^

>-«

Registered loan, payable after June, 188(3

383,045
44,000
11,407,000
4,072,040
2,400,000
20,500
130,991

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

bonds
Willamette Canal and Lock
war

....

1870

Pennsylvania—bds, rg.,tax fiv, (red.aft.’02)

1877

Inclined plane loan
Coupon loan (except $53,000 reg.), April 2
do
do

do
do
do
do

(coupon)

(registered)
(registered)
(registered)
Agricultural College laud scrip

do
do
South Carolina—State stock.
State House stock
do
bonds

Funding bills receivable
Payment of interest

Funding bank bills

1868

Riuge Railroad bonds

Conversion bonds and stock
Laud commission bonds
Fire loan bonds, sterling
do
stock, domestic
Bonds—Relief State Treasury
Reduction of Public Debt stock

Ac.
Ac.
Ac.
Ac.
Ac.

90,400

500,000
989,000

1,000
Various
Various
1,000
50,Ac

289,172
192.000

238,933
409,000

1,000
1,000
1,000
-500, Ac.
500,Ac.

1869

1869 to’:
1838
1838
1869

72,000
149,000

242,350
-451,000

500,Ac.

13,000
481,944

....

151,780'
7,000
241,257

....

....

Dec., 187

'Consolidated bonds, coup. (Funding act)
do
stock (Funding act)

1873
1873

Various
Various

Railroad endorsements

4,023,000
149,254
4,797,008
6,617,000
16,194,000
661,000
460,000
396,000
75,000
697,000
500,000
1,000,000
1,153,974
1,564,000
34,000
137,000

....

Tennessee—New funding bonds, act of 1873
Bonds registered, act of 1873
Fundable bonds and coup, not yet presented

.

1874
Various.
Various.
Various.

1,000
1,000
Various

Bonds, registerable, not presented
Held by E.T. University (not to be funded)...
1,000
Texas—Funding State debt (act May 2,1871)...
1872
Frontier def’se,gold,act Aug.5,’70(red’ble ’91)
1871
1,000
Revenue deficiency bonds, act Dec. 2,1871..
1872
1,000
Bonds, act Mar., 1874 (for paying float’gdebt)
1874
1,000
Vet’n Pension bonds, act Apl.,’74, (red’ble’79)
1874
100
1876
Redemption of debt, act Aug. 6, ’76
1,000
Vermont— War loan bonds, coupon
1862
500,Ac.
War loan bonds, registered
1862
500,Ac.
Virginia—Old bonds, 23 fundable, coupon
1851 to ’66 oOOAe)
Old bonds, 23 fundable, registered
1851 to’66 Vari’s )
do
1851
sterling, not required to be funded
£100 Ac
Consol. (Act Mar. ’71) coup, tax receivable
1871
100,Ac.
.

.

....

'

do

do
reg., conv. into coup...
do
(Act 1872) coup., not receivable
do
do
reg.,
do
Deferred certificates (W. Va.)
Interest on sterling debt, funded (Act 1871)..
Interest unpaid Sept. 30, ’76, on debt proper.

’69; “2d ” coup, of Oct. ’69; “3d ” coup. April, 1870.
p. 570; V. 23, p. 599, 615, 647; V. 24, p. 17, 226.)
Ohio.—Ohio has a very small State debt, but

(V. 21,

large local debts, amounting in 1376 to $36,059,978.
Valuations in 1876

Real estate in cities,

Ac.,
$371,848,028; other, $704,940,269; personalty, $520,631,599. Tax rate in 1875, 3 2-10 mills for State, and
an
average Qf -25 9-10 mills for local purposes.
Report on State and local debts, V. 22, p. 64; V.
were :

.24, p. 17.)

Ovegem.—The debt is provided for by sinking
Taxable property
in 1875 was assessed at $41,197,149; % mill tax
was laid for Relief bonds and
1 mill for Bounty
funds, payable from land sales.
bonds.

Pennsylvania,.—The new 5 per cent loan of $8,000,000 was sold to take up maturing bonds. Total debt
Nov. 30, ’76, $22,978,950; available assets. $9,054,910;
net

debt, $13,924,039.

No tax is laid

real estate, and
principally from corporations.

for

State

is

raised
Taxes are levied
on personal
property, which was assessed at
$159,318,817. aDd the tax was $574,817 in 18*6. State
expenses have lately exceeded revenue, and sinking
purposes on

revenue

funds have been diverted to meet the deficiency^
The State holds $1,754,321 in stocks and $8,300,000
of railroad bonds. Interest has been paid in gold on
tie State debt issued prior to 1867, but the bonds
paid off in 1877 are paid in currency. Any coupon
bonds may be
changed to registered. The bonds
due in 1877 are pavaole at anv time till 1882; those
of 1882 till 1892. (V. 21, p. 137; V. 22, p. 64; V. 24,
p. 414, 421, 469.)
Rhode Island.—The debt was all created for war

purposes and is being steadily diminished.
The
valuation of real property in 1876 was $185,159,849,
and personal, $86,892,928, and tax rate 15 cents on

$100.

So. Carolina.—The Governor’s message on finances
in V. 24, p. 397.
The funding law approved Dec.

22, 1873, provided for scaling down the old debt by
giving new bonds to the extent of 50 per cent, and
declared void the conversion bonds to the amount




200,000
631,000
738.000
17,411

1871
1872
1872
1871
1871

100,Ac.
100,Ac.

100,Ae.
Various
Various

A A1

Cl

OQ5i

jJ. A J.
!A. A O.

6

iJ.

6
6
6
6
6
6
6
6
7
7
7
5
6 &•
5 g-

A.
J.
A.
J.
A.
A.
J.
J.
J.
J.
J.
F.
J.
J.
J.
F.
F.
F.
F.
F.
F.
F.

F.

A
A
A
A
A
A
A
A
A

J.
0.
J.
O.
J.
Raleigh, Treasury.
O.
New York.
O.
do
J. N. Y., American Excli. B’k.
J.
do
do
A J.
State Treasury.
A J.
do
do
A J.
do
do
A A. Phila., Farm. A Mech. B’k.
A J.
do
do
A J.
do
do
A J.
do
do
A A.
do
do
A A.
do
do
A A.
do
do
A A.
do
do
A A.
do
do
A A.
do
do
A A.
do
do
A A.
do
do

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

6
5 A 6

J.
J.
J.
J.
J.

•

5
6
6
7
7
7
10
9
6
6

-

.

J.

m

A

g.
g.
g.
g-

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

(

6

J.

*

6

J. A
J. A
J. A
J. A
J. A
I. A
J. A
J. A

2,021,000
1,196,786
15,239,370

5
6
6
6
6
6

,

212,833

1,676,827

m

March,

....

A

bond.

The

railroad property,

U73.

legally

debt

of

solvent

railroads

is

$3,458,145, and total
$22,852,011, including
rants
and $2,088,746
which $95,636 is owed

debt, less that amount,
$129,020 outstanding war¬
past-due interest, against
by solvent railroads.- The
State’s endorsements for railroads are $1,802,000, of
which $1,560,000 is taken care of by the roads.
Bonds to amount of $75,000 were over-due in 1876,
and $80,003 more fall due in 1877; these are fundable
at the option of the Legislature. Total valuations in
1876 were as follows: Land, $183,228,365; town lots,
$57,578,261: other taxables, $37,213,908; total in 1876,
$278,020,531, against $288,<'38,583 in 1875.
The

rate of

taxation

was

July;
Oct.,
Dec.,
July,

1878

1868
1868
1868
1868

to ’98

1893
1877

1887
1,1883
July 1, 1891
Oct. 1, 1892
Jan.

to’98
to ’98

to’98

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

July, 189pl
Jan., 18*37
1884
1880
1880
Feb. I, 1902
April, 1879

July, 1882
July, 1882
Aug., 1877
Aug., 1877
Aug., 1878
Feb., 1877 to ’82
Feb., 1877 to ’82
Feb., 1877-1882
Fel)., 1882-1892
Feb., 1882-1892

Sept. 1, 1882
April 1, 1883

July 1, 1893
Aug. 1, 1894
At pleasure.
1877 to ’86
1871 to’80

do

do

New York
do

or

Columbia.
do

July
July
July
July

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

July 1, 1868
July 1, 1868
1888

July 1, 1893
July 1, 1893

reduced from 40 cents

Y., Fourth Nat. Bank.
do

do

J. N. Y.,
S.
J.
J.
J.
J.
D.
D.
J.
J.
J.
J.
J.
J.
J.
J.
J.

Fourth Nat. Bank.
State Treasury.
N.Y-., Donnell. La wrsonA Co ‘
do
do
do
do
State Treasury.
New York A State Treasury.
Boston, N. B. Mut. Red’n.

Montpelier, Treasury.
New York.

Richmond, Treasury.
Loudon, Baring B. A Co.
Richmond, Treasury.
do
do
do

London, Baring B. A C'X

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
r

1905

....

provided for funding
issued
bonds,
due
between July 1, 1874, and July 1, 1884, as well as
all past-due coupons, and coupons maturing on
or before January 1. 1874, in a 10-40
year 6 per
cent

do

a

Various

79.)
Tennessee.—The coupons of July, 1975, together
with those of July, 16)4, and Jan.,. 1875,
remaining
due, were paid' in September, 1876.
The law
mi

Due.

Columbia, Treasury.

Columbia and New York.
do
do
do
do

A J. N.
A J.

V. 23, p. 40; V. 24, p. 199, 445, 4)5, 513, 557; V. 25, p.

out^anding,

do
do
do
do
Columbia and New York.

•

$6,347,142, making a total of $133,132,638. Rate
of taxation in 181*6, 11 mills.
(V. 21, p.439, 614;

passed

do
do
do

Columbia, State Treasury.

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

A J.
A J.
A J.

mittee to investigate bonds aud ascertain what con¬
sols were properly issued was appointed, and sat at
Columbia in August.
Only about $250,030 are
understood to be tainted with any susjrcion. Total
valuation of all property—in 1876, real estate, $86,-

all

do
do
do

do
London.
Columbia.
Q.-J.
J. A J. Columbia A Fis. Agen. N.Y.

5, 5*4, 6

2,331,250

$40,598,376;

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

Q.-J.

$5,965,000. The interest due in July, 1876, was
only paid in part. Law for payment of interest of
Jauuary and July, 1877, passed in May, but a com¬

personal,

S.
O.
J.
A.

Q.-J.

J.
J.

of

187,120;

Harrisburg Treasury.

....

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

Principal—When

....

18,239,600
1,997,415

....

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

6

-

723,950

-

g.

5 g.
5 g.
5 g6
6
5
6
5
6
6
6
6
6
3 g.
6 g.
6
9 g6 g.
6 g6 g.
6 g.
6 g.
6 g.
3 g.
6 g.
7
6
6
6

9,251,850

1,000
1,000

J.
J.
J.
A.

4^g.

2,804,000
441,500
273,000
7,423,400
369,000

1/000

-

1S66
1854
1868
1868

87,000

....

1794

Funding bonds and stock

395,000

1,000
1,000

50
500
50
50
50

1867
1867
1872
1862
1863
1863
1864

.

400,000

1.000

1,000
1,000

1867

Rhode Island—War bonds
War bonds

8,000,000

.

1852
1852
1852
1852
1853
1867
1867

April 2

do
do
do
do

100 Ac.

1849

May 4
Registered loan, May 4
Coupon loan (except $41,000 reg.) of April It).
Stock loan of Feb. 2 (registered)

100,000

....

N. Y., Manhattan Bank.
do
do
do
do
do
do
do
do
do
' do
do
do
New York.
do
do
do
do
do

A J.

j J. A J.

g.
g.

0

1,711,400

....

|J.

g.
g.
g.

Payable and by
Whom.

!
;j. a j.

g.

6

3,039,400 1
2,383,000 !
1,695,000
2,417,400

1,000

1856

Oregon—Bounty bonds....

1

4,738,800

1.000
100 Ac.
100 Ac.

i860

payable after June, 1881

6
6
6
9
6
6

880,000
1,502,900

UT* ~ Z,
2 — r?
** .S 1-1 rh

1866
1868
1867
1868

war

Special tax bonds

Blue

W

1,000

Registered certificates of literary fund
Penitentiary bonds, act Aug. 24, 1868

Modoc

-

500 Ac
500 Ac.

do

Ohio— Register’d loan,

3C
•rr

1873
1873
1874

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

~s 30

CC

i 872

Under Art.
Art. 7, Sec. 3, of Con-<
stitutiou and Art. 7, Sec. 12.

$900,000
4773,000

Where

j Payable
f

i

New York— General fund debt-deficiency loan.

When

on

the

of taxable property in 1875 was $250,853,759,
against
$241,841 960 in 1874. Tax rate, 50. From the Comp¬
troller’s report we have the following statistics for

1875:
Total value of taxable
State tax
Poll tax

County taxes

property assessed. $250,853,798
1,254,354
198,322
1,959,194
1,497

Miles of RR. in the State ass’d for taxes....
Value of railroads
$16,605,122
Number of acres of land assessed in the
State
66,637,920
Value of lots assessed in the State.......
44,666,937
(V. 20, p. 84; V. 22, p. 28 1; V. 23, p. 452; V. 24, p.
535; V. 25, p. 115.)
Vermont.—This State ha* a very small debt—all
created for war purposes. Of the registered bonds

$135,500

are held for Agricultural College.
The
sinking fund, Aug. 1., 1876, was $135,932.
Virginia.—These amounts are exclusive of
bonds held by Literary fund and Sinking fund.
The Funding act of i871 provided tha4: coupons

of the funded bonds should be receivable for
State taxes.
For 2-3 of the old bonds a new bond
was
issued, and fer the other % a deferred

certificate

given (as the proportion due by West
Virginia). The act of 1872 amended that of 1871
by not allowing coupons to be received for taxes.
The sinking fund holds $2,446,989 of State bonds
and certificates.
All interest over due and unpaid
to September. 30,
1876, (on the basis of 4 per
cent) was $1,676,827, which included coupons from

Jan. 1, 1875.

Assessed value of real estate inoL76
$242,756,548, against $251,573,611 in 1S73. Per¬
sonalty in 1876, $78,560,940. Tax rate, 5 mills. The
receipts for fiscal year 1875-6, were $2,679,339.
They exceeded the average annual receipts of the
previous six years by $201,276, and they exceed¬
ed the receipts of the fiscal year 1874-5 by $lbl,549.
The disbursements were $2,662,021. If the revenue
was

$100 to 10 cents by the Legislature, in March, 1877.
Tennessee bonds sold in New York as “old,”
are those issued before 1862; “New;” issued since
1862; “New Series,”.the new funding bonds. (V.
21, p. 87, 313, 614; V. 22, p. 472; V. 23, p. 16, 397; V.
for 1876-77 should be the same, the deficit on full
24, p. 40, 112, 289. 519.)
Texas.—For all bonds, except 10s of 1894, the interest account for the year would be about $600,interest and 2 per cent of principal yearly are pro¬ 000. (V. 21, p. 527, 604; V. 23,p. 599; V. 25, p. 138
vided for by special appropriations. The valuation 256.)

CITY SECURITIES.

29, 1877.]

September

Subscriber** will confer a great lavor

by giving immediate notice ol any error discovered In these Tables.
INTEREST.

Date of
bonds.

DESCRIPTION.
For explanations

see notes on

lirst page of tables.

Albany. N. F.—Albany A Northern
Relief of drafted men
Purchase Congress Hall Block

Railroad l’n
I

City improvement
Washington Park...

Otliee site
High School

New Post

Water stock

Additional supply
Bonds loaned to Albany A Susquehanna KU..
do
Albany A W. Stockbridge RK.
Augusta, Ga.—Bonds for various purposes
City bonds, tax free
Baltimore— Consolidated loan of 18110
Loan of 1877, reg. stock redeem, at will

Consolidated bounty loan
Exempt bounty loan
Public parks (Druid Hill)
Park improvement loan
Five million loan to Baltimore & Ohio RR....
One million loan to Pittsb. A Conuellsville RR
New City Hall.
do

do

do
do

Consolidated loan.
Court house loan,.
Funding loan
do
Western

t.

Maryland Railroad

Jones’ Falls

Valley Railroad
Patterson Park extension

Size

or

par
value.

outstanding.

Municipal loan

Water loan bonds, coup.

=.

,

(Act Feb. 2*2, 1875).

European A North American Railroad
Bangor & Piscataquis Railroad
Bath, Me.—City notes
Funded debt

1851

$1,000

1804
1,000
1800
1,000
1.1)00
1870-'71 •
1870’70
1,000
1,000
1871
1875
1,000
1851 A ’52
1,000
1874’70
1,000
1805
1,000
1811
250 Ac.
Various.
500 Ac.
1870
100 Ac.
Various.
100 Ac.
1877
100 Ac.
1803
100 Ac.
1805
100 Ac.
1800
100 Ac.
1803
100 Ac.
1853
100 Ac.
1853
100 Ac.
1808
100 Ac.
1870
100 Ac.
1874
100 Ac.
1801
100 Ac.
100 Ac,
1870
100 Ac.
1874
100 Ac.
1872
100 Ac,
1872
1873
100 Ac.
1872

$244,000
4(5,000
151,000
549,000
004,000
118,000
80,000
250,000
700,000

Knox A Lincoln Railroad
do
do

1858 to’72

6
7
7
6
5
6

1,880,250
128,500
7,300,546
5,000,000

2,211,008
410,353
555,500
185,723
5,000,000
1,000,000
1,000,000

1,000,000
500.000

936,661
92,400
800,000
2,000,000

1,000,000
473,900

1,015,300
200,000
663,000
117,000
156,000
100,000
375,000

1,000
500 Ac.

1809
1809

1,000
1,000

1,000,000
814,000
104,588
112,500
193,000
425,000

Various
Various.
Various
Various.
Various.
Various.
£100 Ac

1853
1852 to ’64
1,000
1804 to’70
1,000
do
do
do
£100 Ac
1873
Eurnt district, sterling loan
£100 Ac
1809
Consolidated street iniprovem’t, sterling loan.
1800 to ’04
1,000
Roxbury debt, assumed
Dorchester debt, assumed
jlSOl to’09 Various.
>1857 to’73 500 Ac.
Charlestown debt, assumed
1802 to’.70
1,000
Mystic water debt, assumed
1800 to ’73 Various.
Brighton debt, assumed
Various.
West Roxbury debt, assumed
1,000
1858
Water loan, new main. Brookline Reservoir... 1
1805 to’71
1,000
do
Chestnut Hill reservoir
•
1871
do
renewal of loan due ’70-71, all reg.
£100 Ac
1872
do
do
’72-73
1,000
Water works, Roxbury, coupon and registered 1808 to ’70
1871 to ’74
1,000
do
Roxbury A Dorchester—
1871
do
Dorchester, all registered
do
W. Roxbury A Brighton, all reg 1875 to’77
1870
1,000
do
do
reg...'
1872 to ’75
1,000
Additional supply water.
1871 to ’74
1,000
Various purposes, for water works
1875-’70
1,000
Water loan bonds, gold, coupon or reg
1,000
Brooklyn— Debt of Williamsburgh, local impr’t 1859 to’01
1801
1,000
Brooklyn local improvement loan
1857
1,000
Mount Prospect Square loan
1805
1,000
Soldiers’ aid fund loan
1807
1,000
1800
1,000
Gowmiius canal"!mprovement loau, locaT.
1805
do
do
do
1,000
Bushwick avenue
1800
do
do
1,000
South Seventh street do
1807
do
do
do
1,000
Union street
1802
do
do
do
1,000
Fourth avenue
1807
do
do
do
do
1,000
1807
do
1,000
do
Wallabout Bay
1809
do
1,000
do
Kent avenue basin
1870
1,000
New York Bridge loan, registered and coupon
1870
1,000
Bonds fof N. Y. A Brooklyn Bridge, cp. or reg.

Boston—Renewal city debt, sterling.
For city purposes, war debt. Ac

475,000
243,000
583,205

3,973,800
15,337,000
4,997,603

3,516,587
417,450
109,500
1,195,000

1,223,000
233,641
450,000

394,000
2,044,000

*■

Albany.—The loan to Albany & Susquehanna
The valuation of
1st mortgage.
property in Albany County in 18^6, by local as¬
sessment, was: Real estate, $17,; personal,
$5,30j,151 ; total, $52,340,049. In 18.6, total equal¬
ized valuation by State Board, $58,400,770.
Tax
rate, 2-49.

Augusta.—Of this debt, $500,000 was issued for
railroads, and balance for canal enlargement,
water works, Ac.
Baltimore.—'The fiscal year of Baltimore ends
The city credit has been loaned ex¬
tensively to railroads, in exchange for their securi¬
ties, which it holds to a large nominal amount. The
with Oct. 31.

7
6 A 7
7
7
6
6 A 7
6

100 Ac.

1874
1875

6

103,000

1,375,000

($23,750 each year)

is secured by

688,000

1,949,711
700,000
415,000
375,000
357,000
100,000

648,000
426,000
3,452,000
•

138,000
213,000
90,000
552,000
302,000
260,000
233,000
278,000
260,000

190,000
231,000

544,000
427,000

3,000.000
2,350,000

•

Q.-J.

6
6

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

6
6
6
6
6

41eg.
5

g."

6
5 g.
5 g.

5, 5*2, 6
7
5 A 6
5 A 6

6ig A 7
6*2 A 7
5
6
6
5
6
6
6
6
5
6
6
5
6
7
6
7
6
7
7
7
7
6
7
7
7
7
6A

M. A N.
J. A D.
F. A A.
M. A S.
M. A N.
M. A N.
M. A N.
F. A A.
F. A A.
M. A N.
J
OE J
Various
A. A O.




due.

payable and by
whom.

g-

g.

g.

g.

New York.
do

May, 1879
June, 1880 to ’84
Boston, Merchants’ Bank.
Feb., 1885 to’94
New York.
March, ’78 to 1900
do
Nov., 1910, 11,’12
do
do
do
do
do

May 1, 1878 to’85
Feb., 1831
1893-1906
1895-’97

July 1, 1876

Boston.
Augusta.

•

1877 to ’89
1900

do

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

Balto., Farm. A Plan. Bank.

M. A N. Balto., N. Mechanics’ Bank.
M. A 8.
do
do
do
do
M. A 8.
do
do
Q.-M.
do
do
Q.-J.

Bept.
Jan.
Jan.
Jan.

Balto., Farm. A Plan. Bank.
J. A J. Balto., N. Mechanics’ Bank.
Q.-J. Balto., Farm. A Plan. Bank.
do
do
Q.-J.

Q.-J.

1890

1916
1893
1893
1, 1890
1, 1895
1, 1890
1, 1886

July 1, 1884

April 15, 1900
March 7, 1902

do
do
Q.-J.
do
do
Q.-J.
Q.-J. Balto., N. Mechanics’ Bank.
Q—J. Balto., Farm. A Plan. Bank.

1885
At will.

July 1, 1900

Feb. 1, 1894
A J. Baltimore,Register’s Office.
Jan. 1, 1902
A J. Balto., N. Mechanics’ Bank.
do
do
April 9, 1900
Q.-F.
Oct. 31, 1886
A. A O. Baltimore,Register’s Office.
March 8, 1892
do
do
M. A 8.
J. A J.
July 1, 1894
J. A J. Balto., N. Mechanics’ Bank. Jan. 1 ’90 A 1900
Jau 1, 1895
J. A J. Baltimore, Franklin Bank.
1877 to ’92
Various Boston, Merchants’ N. B’k.
Jau. 1, 1894
Boston or Bangor.
J. A J.
J. A J. Boston, Merch’ts’ Nat. B’k.
July 1, 1905
do
Jail. 1, 1894
do
J. A J.
do
do
A. A O.
April 1, 1899
1877 to 1879
Various
City Treasury.
do
J. A J.
July 1, 1887
1883 to 1898
do
Various
A. A O. City Treasury and Boston.
April 1, 1891
do
do
J. A J.
July 1,1880 to’99
Feb. 1, 1902
do
do
F. A A.
July, 1878
J. A J. London, Baring Brothers.
1877 to’87
Various Boston, Treasurer’s Office.
1877 to ’95
do
do
Various
A. A 0. London, Baring Brothers.
April, 1893
do
July, 1899
J. A J.
1877 to ’84
Various Boston, Treasurer’s Office.
1877 to ’81
do
do
Various
1877 to’93
do
do
Various
1877 to ’94
do
do
Various
1878 to ’81
dodo
Various
1877 to ’91
do
do
Various
do
do
Oct., 1878
A. A O.
1377 to ’99
do
do
Various
do
do
April, 1901
A. A O.
Oct., 1902
A. A O. London, Baring Brothers.
1880 to’99
Various Boston, Treasurer's Office.
1901 to 1903
do
do
Various
do
Jan., 1901
do
J. A J.
1905 to 1907
do
do
Various
do
do
April, 1906
A. A 0.
1902 to 1905
do
do
Various
1901 to 1904
do
do
Various
1905 A 1906
do
do
A. A O.
1879 to’81
J. A J.
Brooklyn.
1891
GO
do
M. A N.
1887
do
J. A J.
1885 to’94
do
a
J. A J.
1881
do
J. A J.
1877 to’90
do
J. A J.
P
1877 to ’90
do
J. A J.
o
K'C S-. j
1877 to ’90
do
J. A J.
1877 to ’86
do
J. A J.
1877 to ’95
do
J. A J.
1877 to ’95
oc 2
do
J. A J.
1877 to ’90
do
J. A J.
1879
do
ft
J. A J.
s
1901 to ’24
do
J. A J.
1907 to 1908
do
J. A J.

J.
J.

_

7

Bath, Me.—Total debt, $1,730,688. of which
$1,513,600 is on account of railroads. The city
holds a first mortgage on the Androscoggin road
for the debt, and 2d and 3d mortgages on the Knox

A Lincoln for its proportion of $895,0J0 out of a
total of $2,395,030 bonds issued by several cities in
aid of the latter road. Unexpended balances of

appropria'ions and 3 per cent on city debt are ap¬
propriated annually to the liquidation of the
principal.
Tax valuation, 1871, $6,469,480; 1876,

s

Appropriations

Boston.—'The population of Bosron in 1870 was
292,497, against 177,840 in 1860; in 1875 it was, 341,919.
Valuation of real property in 1877, including the re¬
cent annexations, was $481,409,300. against $526,145,-

1877-8.

1876-7.

$10,267,258

$11,219,387

$7,898,158

$8,279,487

236,916

248,385

2,939,900

2,369,100

iHCorne

Per centage

$8,527,872

$8,135,104 '

Placing the tax to be paid to the State at $619,110,
the tax warrants exhibit the following result:

$7,221,905.

sinking fund for Baltimore & Ohio RR. $5,000,000 700 in 1876; and Dersonal, $205,392,830. against $222,loan is $1,848,878; West Maryland Riilioad sinking 732,400; upon which the rate of taxation is $1270
fund, $157,001; and the total of the several other per $1,000—$11 68 of this for city and $1 02 for State
sinking funds, $6,0.2,358. The Balt. A Ohio RR. purposes, against a total of $13 70 per $1,000 in 1875.
The total debt, both funded and unfunded, at the
pays interest on $5,000,000 loan; Water loan is paid
by income of water works, and Public Park by City close of the last fiscal year, April 30, 1S77, was
Passenger Railway, and out of a total debt of $43 ,590,497, and the sinking funds, bonds, mortgages,
$23,343/251, only $16,554,018 is dependent on the tax Ac., $16,104,974. In March, 1877, the city auditor
levy. The net debt over productive assets is given gave his estimates for the revenue lequired for the
at 16,690,443, against which are held $4,'.70,iK)7 of
coming financial year, 1877-78. commencing May 1,
unproductive assets. The assessed value of prop¬ 1877. "This estimate was based on an assumption of
erty in 1877 is $255,560,997; tax rate, $1 75 on meeting the actual wants of the municipality, ex¬
the $100 for city purposes, and .IT# for State. Pop¬ cluding the Cochituate Water Works, and without
ulation in 1870 was 267,354, against 212,418 in 1860.
regard to the ordinance pending as to paying
(V. 22, p. 589; V. 23, p. 514; V. 24, p. 12; V. 25, p. balances of appropriations to the sinking funds.
The tax per each $1,000 will be $13 07, to $12 70
137.)
per $!,0C0 last year, supposing that the valuation of
Bangor, Me.—The valuation of real and, personal property is reduced to $700,000,030, as suggested
The following is a comparison
property is $11,052,211; rate of taxation, 2’50 per hy the Mayor.
cent.
The loans to European A North American of the appropriations granted by the City Coun¬
Railroad and to Bangor A Piscataquis Railroad are cil, and income to be received, compared with
1876-7:
secured by first mortgages on those roads.

v

Where

Payable

6
6

1,000,000

....

Railroad loan

Androscoggin Railroad

When

Rate.
.

Water loan

Endorsements for Western Maryland RR
do
do
Union Railroad
Bangor, Me.—City debt proper.

Principal—when,

Amount

City and County
State, 1877

1877-8.

1876-7.

.$8,13», 104
619,110

$8,527,872
742,932

$9,270,804
$8,754,214
During the last forty years, with three excep¬
tions, the taxable valuation has show n an annual
increase.

Brooklyn.—'The above bonds were outstanding
also $27,000 7 per cent.
1880-81.
The Mayor's
message, January 1, 1817, made the whole city debt
March 31, 1817. There are
Nat. Guard bonds due
as

followrs:

Permanent loans

,

..$27,148,000

4,530,129

Sinking funds

$22,617,870

Balance

3,991,729

King's Co. debt (City's share)
Loans chargeable on
Tax certificates

Total net debt

specified property

.

11,068,500
1,900,000

$39,578,100

Mayor stated that the debt increased In 1876
$781,623, chiefly owing to the law charging only 7
per cent interest on unpaid taxe*.
Population in
1870, 396,200, against 266,661 in 1860. Valuation of

—The

CITY

▼Ill

Subscribers will confer

a

Size

Date of
Bonds.

For explanations see notes on first page

Valiie.

...

Prospect Park loan
Deficiency bonds

.

1,000

319,000

2
5

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

9,706,000
1,935,500
1,368,000

1870
1873
3
5

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

1876
1876
1876

Tax loan bonds, coup

1877

do

do
do
do
do
Water loan
do
do
do
do

4,559,000
618,000
842,000

1,190,000
1,000

5
3
6

2,209,250
1,000,000
750,000

1,000
1,000

1,000
•

•

199,493

1,000

L867 to '7; 5

1,000
....

L

.

.

1866

....

....

Funded debt
do
do

Sewerage bonds

500 <fcc.

do

River improvement bonds

1,000

Municipal bonds
Municipal and School bonds
Temporary loan for one year, April, 1877
South Park loan (secured on South. Div.)
West Chicago Park (secured on West. Div.)...

1,000
500 &c.

.

County debt

Cincinnati- Eggleston avenue sewer
B2
Loans to Railroads
F, A, G, H, I& M
Bonds to 0.«fe M. RR. to purchase whf. prop.N
Bonds for erection of a Workhouse
Bonds for Water Works
C2&03
Bonds for Common School purposes
P
Bonds to O." A M. RR. to purchase whf. prop..N
Bonds for ext. aua impr. Water W. .C, D. A E
Bonds for funding floating debt
A2
Bonds for new Hospital
8&S2
Bonds for funding floating debt
L
Extension and improve. Water Works.. .K &F
Bonds to purchase Orp’n Asyl. grds. for park.O
Bonds for sewerage
R
Bonds for improving Gilbert avenue
U
Bonds to build Eggleston avenue sewer... .B3
Bonds for improvement
W
Bonds for Water Work purposes
C4&C5
General improvement
W2
Cincinnati Southern RR
do
do
do
do
gold and currency..
Floating debt bonds, coupon
■

improvement

....

1,000
500 &c.

1868
1,000
42 to ’5^
1,000
1855
1,000
1868
1,000
1868
1,000
60 to ’61
1,000
i
1855
1,000
1847 to ’5( 500 &c.
1847 to ’4i 500 &c.
1867-’6>8
1,000
.

1853
1853

School ($299,000 are 6 p. ct.)...
House of Correction

property in King’s Co. in 1876, by the local assess¬
ment, was $223,389,6*21 for real estate, and $14,88*7,-

personal; total real and personal, $238,271,-

886.
In 1874 the State Board of Equalization
estimated that the true value of real estate was

The debt of Kings County, separate
$4,181,821, of whieh

nineteen-twentieths.

Average tax rate in 1676, $3 24 per $100, against $3 44
in 18:5. (V. 20, p. 530; V. 22, p. 589; V. 24, p. 63.)

Buffalo —The funded debt, January 1, 1876, was
$6,743,199, and floating debt, $396,092. In 1875 real
and personal property were assessed at $39,963,105;
in 1876 rule of -valuation changed and assessment
Buffalo also pays 7-10 (being
$712,390) of Erie county debt. City tax-rate, 1875,
$45 55 on the $1,0C0. Since June 1, 18i7, coupon
bonds have been exchangeable for registered. (V.
22, p. 233, 521; V. 23, p. 135.)
was

$111,995,905.

Cambridge, Mass.—The sinking funds amounted

$711,387, December 1, 1S76. The investments are
nearly all in city boDds at par and stamped “ not
negotiable.” Only $52,000 debt matures before
Tax valoation, 1875, $66,623,014; 1S77, $55,1881.
003.000. Total debt, $4,803,175. Population, 1875,
4i,838.
Charleston, S. C.—The bonds of Charleston are
mostly held within the State of South Carolina.
The total assessed value of property in 1873 was
$27,978,991; rate of tax, 2 per cent. Sinking funds
reduce the total debt to $4,672,663.
Chelsea, Mass.—Sinking fund, $45,800, and $21,00)
to be added annually. Tax valuation, 1876, $17,759,530; rate, $1 70.
Total debt, $1,720,400. Popula¬
tion, 1875, 20,737.
Chicago.—The total funded debt at the close of the
year 18*76 was $13,436,000.
Old time warrants,
to

i




750.000

1,000
1,000
1,000

1858
1869
1869
1869
1871
lS71-’72
1871
1872-’74
1874
1876
1874
1875
1875

60,000
175,000
100,000
150,000
150,000

1,000
1,000
1,000

100.000

1,000

1,000

136,000
450,000
600,000
700,000
9,300,000

500 &c.

6,000,000

1,000
1,000

1,000,000
50,000
300,000
1,725,000
1,597,000
315,000
150,000
968,000
419,000

1,000
1,000
500 Ac.

Water-works bonds
D1
Cleveland—Water works ($250,000 are 6 p. et.).jl854 to ’75
Funded debt ($100,000 are 6 p. ct.)
1854 to ’74
Lake View Park
1S72 to ’74
Canal...
1874
Viaduct, street and bridge ($550,000 6 p. ct.) 1873 to’75

from the debt of Brooklyn, is
the city is responsible for

492,000
200,000
917,000
3,660,000
87,000
2,550,000
2,621,000
178,000
3,423,000
600,000
2,000,000
640,600
4,191,500
150,000
1,075,000
210,000
250,000
300,000
99,000
195,000
397,500
146,500

500,&c.
1,000
1,000

Water loan

$426,393,740.

698,000

1,000
...

1864 to ’71
1868

&
&
A
A
A
&
A
A
A
A

J.

& J.

1837
1340
1343
1845..
184S
1847
184**
1849
1850
1853
1&55
1856
1860

6
6
7
6
7
7
6
7
7
7

..

;

1862

1866
1867
1868
1869
1870
1871
1872
1873
1874
1675

1876

........

4,995,446
4,998,26 i
5,131,637

J.

1879-1880

July 1, 1892
March 1, 1894-’95

A ' J.

New York and Boston.

Aug. 1,1891-’97
1877 to ’82

Julyl, ’82 to ’95
July 1,1880
1880 to ’95
1890 to ’95

July, 1895
1881 to ’99
1874 to*’79
1890

7

M. «fc *N. N. Y.,
7
Bank.
7 3-10 J. & D. N. Y., Am. Exchange Bank
6
Various
M. A N.
6 *
7 3-10 J. & D.
7 3-10 Various
J. & J.
6
M. & N.
6
A. & O
6
M. & N
6
7 3-10 Various
J. & J.
6
Various
6
M. & S.
6
Cincinnati.
“
7 3-10 M. A S. N. Y., Am. Exch. Nat. Bk.
do
7 3-10 M. & S.
do
do
do
7 3-10 A. & O.
do
7 3-10 M. & S.
do
do
F. & A.
7
do
J. A D.
do
7
do
J. & J.
do
7
do
7 3-10 J. A J.
^
do
do
Wew York or London.
Sg. or 7*3 M. A N.
M. & N. N. Y., Am. Exch. Nat. B’k.
7
J. A J.
do
7
do
F. A A.
do
7
do
6 & 7
Various N. Y., Am. Exch. Nat. B’k.
Various
do
6 & 7
do
Various
do
7
do
do
J. A J.
7
do
do
6 A 7
Various
do
do
Various
6 & 7
do
J. & J.
do
7
do

Metropolitan

•

Tax

,

Rate.

$,...
791,8)1
857.231
853.704

,

1,302,174
1,495,047
1.534,284

13,130,677

3.711,154

21,637,500

5,355,393
5,843,776

31,198.135
31,587,545
66,495,116
140,857,040
174,505,410
211,371,240
223,643,600
236,898,650

5 855,377
5,552,300
19,447,941
51,392,604
53,939,469
51,053,640
52,342,950
52,347,820

239.154,890

45,042,54 )

262,969,820
258,549,310

49,103,175

131,222,460

1890

City.

A J.

479,093
■

New York

New York and Boston,
do
do
do
do
do
do
do
do
do
do
do
do

& J.

$

2,273.171

1875
1877

Feb. 17, 1883
Aug. 1,1891

Assessed Value.
Real Estate. Per. Estate.

962/221

1880

1879 to 1883

,

...

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

Various
F. & A.
& A.
<fc J.
M.

443.

$236,842
94,437

1881 to 1903

A.'AO.

rate, 18 mills. This is the Illinois State valuation,
and the ci y debt is limited to 5 per cent of that. Of
the funded debt, $4,577,000 is on account of the
Water Works, which last year yielded an income
of $817,106. Condition of finances April 1, 1877,
and total floating debt outstanding, given in Mayor’s

Year.

1915 to’24
1915 to ’24

do
do
do
do
do
do
do
do
do

6
7
6

Revenue time warrants, $2,274,393.
of real property, 1876. $131,222,460; personal, $36.815,718—total, $168,03S.178. ' Tax

p.

Brooklyn.

5*2

value

Message, V. 24,

Due.

,

$1,261,890.

Assessed

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

Principal—When

Whom.

-

200,000

....

Payable and by

Various
Buffalo and New York.
1876 to 1895
Various
Buffalo.
1893 to 1895
Various
Buffalo and New York.
1881 to 1893
Various
do
do
1878 to 1926
N. Y., Gallatin N. Bk.
J. A J.
July 1,1896
M. & S.
Buffalo A New \rork.
Prior to 1936
J. A J.
do
do
July 1,1878-’81
J. A J.
do
do
July 1, 1879-’82
Various Boston, Bank Redemption
1878 to 1882
A. & O
do
do
April 1,1889
J. & J
Jan. 1, 1893
Boston, Tremont Bank.
J. & J Boston, Bank Redemption Jan. 1,1881 to ’96
J. & J
do
do
Jan. 1, 1903-4-5
A. & O
do
do
April & Oct. 1, ’8 4
A. & O.
do
do
Oct. 1,1895
J. & J.
do
do
July 2, 1886
J. & J
do
do
July 1,1881 to’96
F. A A.
do
do
Aug. 1, 1883
A. & O.
do
do
Apl. 1, 1887-1995
M. & N
do
do
May, 1889-1891
Charleston,
1875 to ’98
Q.-J.
Various
do
1883 to ’84

6
6

250,000

Chicago—Water loan

265 for

20,000

100,000
250,000

do

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

7
6
7
6
7
7
7
7
7
7
7
7
7
7
7
6
6
7
6
5

5

100,000

Where

Payable;

5 g.
6
6
6
6
6
6
6
6
6
6
6
7
7

178,000

do
'
Water loan

Park

232,332
106,000
100,000
150,000
1,597,000
689,000
494,000

55,000
485,000
162,000
4,119,093
51,500
297,700
281,500
149,000

1,000

Chelsea, Mass— Funded debt

Cook

.

-100,000

.

1865

Fire loan bonds, coupon
Conversion bonds, to redeem past due debt...

'

2,779,332
100,000

•

1,000

1869-71

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

200,000

1858 to ’6'3 500 &e
1864
1,000
1863
1,000
6 500 Ac.
500 &c.
1874
500 &c.
1875
1,000
1866
1,000
L866 to’7 S 500 &c.

Cambridge, Mass.—City bonds
City bonds

Rate.

$3,017,000
1,217,000

1.000

|

When

1

$1,000

Sewerage fund bonds, continuous, local

do
do
S’tli B’klyu
Assessment fund bonds, continuous, local
Central and Knickerbocker av. sewer bonds..
Boulevard bonds

INTEREST.

Amount

3
2
1872

Permanent water loan
do
do

1

| outstanding

par

of tables

coupon

or

[September 29, 1877.

notice of any error discovered In these Tables.

great favor by giving Immediate

DESCRIPTION.

Brooklyn—(Continued )—
Prospect Park loan, registered and

SECURITIES.

45,155,830
48,295,641

36,815,718

*

*

*

*

•

•

•

•

....

....

c

1878 to’84

.

Nov., 1885
June, 1838
1888 & 1889

Jan., 1890
Nov., 1890
April 1,1895
March, 1897
1897

Jan., 1900
une & Oct., 1900
March, 1908
Sept., 1899
Sept., 1899
Oct., 1899
March 1,1886
Aug., 1886-’97
Dec.

1,1891
July 1, 1902
Julyl, 1902
May 1, 1906
May 15,1904
Jan. 1, 1896

Aug.,’85, ’90 & ’95
1878 to’95
1878 to ’94
1887 to ’92
1894 to ’95
1893 to ’95
1377 to’88
1878, ’83 A ’84

Population in 1870 was 306,605, and in October, 1876,
407,661, against 109,260 in 1860. The So. Park, W.
Chicago Park, and Lincoln Park loans are not
debts of the city, but of distinct corporations.
(V. 21, p. 207; V. 22, p. 457, 544; V. 23, p. 622; V.
24, p. 443.)
Cincinnati.—In

addition

to

the

above

issues

named, there remain several smaller amounts, as fol¬
lows: $108,000 5s, November, 1885; $56,000 (YY2, A
O.) 6s, 1836-88; $17,000 6s (Q.), Nov., 1890; $27,030
6s (A.), Mar., *.697; $.50,000 (112.), Aug., 1897; $50,000
(Z.), Nov.. 1883.
By the census of 1370 population
was 218,900, against 161,044 in 1860.
Tax rate for
1877, $29 09 per $1,000. Sinking funds are $436,440,
against $7,200,000 of old debt. The following table

from the books of the Auditor of Hamilton County,
Ohio, exhibits the assessed valuation of the city of
Cincinnati in the year 1860 and from 1870 to 1S75:

...

15
20
13
14
15
15
10
15
18
18
18
18

May 1,1880-’92
Dec., 1878

00
00
00
00
00
00
00
00
00
00
0)

00

Real

Personal

Year.
estate.
1860.. $61,620,904
1870..
78,736,432
1871.. 12),427,838
1872.. 119,621,856
1873.. 121,479,280
1874..
1875.. 125,976,835

Total

estate.

valuation.

$31,411,812

$93,032,716
136,107,236

57,370,754
56,9:34,044
55,46 >,410
64,166,460

130,361,932
175,084,296
185,645,740

181,950,074

Rate tax
per

$1,000.
$17 45
.

31
22
20
23
23
28

60
20
10
06
33
82

184,498,565
58,521,730
—The city will be 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..ll; V. 25, p. 16.)
Cleveland.—The total valuation of
taxation is $73,562,237 and tax rate
of which 7% mills are levied for

sinking fund.

property for
18 15-20 mills,

interest _ana

The sinking fund, January, 18<o,

September

CITY SECURITIES.

29, 1877.]

IS

I*—

Subscribers will confer

a sr;

at favor

DESCRIPTION.

Date of
bonds.

or

par

notes on first page of tables.

value.

I

Cleveland—( Cunt in ued )—
Main sewers, special assessment
Street improvem’ts do
Street openings, Ac. do

outstanding.

$----

1870

$070,800

•

,

1877
1877

.

....

1,000
1,000
1,000

1,000
1,000
1,000

....

:

«

-

1,000

.

1,000

1,000

Qitlvcston, Texas-- Bonds for various purposes... ISGO to’74
Limited debt bonds (sinking fund 2 per cent).
1877
Galveston County bonds, G. C. A 8. F. RR
1870
Hartford, Conn—Water bonds
Water bonds
—

1,000
1,000

....

do
do

100 &c.

s

City bonds

1,000
1,000

....

Park bonds
Funded debt.

1.000

....

1,000

....

Capitol bonds
Uolyoke, Mass— City notes.
City bonds

1,000
1871-’74
1874
1872
1873

Water loan

Railroad loan... —:
do
Indianapolis— Bonds to railroads
Loan bonds, series A
Loan bonds, series B.
do
do
C
Loau bonds

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

1800 to’70
1873
1874
1374
1875
Purcliase-mouey bonds—Southern Park—...
1874
School bonds—By Board of School Comm’rs.
1873
School loan, coup
1877
Jersey City—Water loan bonds, mostly coupon. 1852 to ’G7
Water loan bonds, mostly coupon
1800 to’73
do
do
do
1877
Forty-year bonds
1873
Improvement bonds
1871
do
do
;
1872 to’74
Morgan street dock
1S70
City bonds, coupon
Va lions.
Funded debt bonds
1872
Hudson City bonds
Various.
Bergen school loau bonds
1800
do
sewerage bonds
1800
do
improvement and water bonds
1800
do
bounty loan
Various.
Greenville street improvement bonds
Various.
Ten-year bonds, coupon or registered
1870
Lawrence, Mass.—Funded debt.
1850 to’04
Funded debt
1802 to’75
do
;
1874
Water loan
1873-’75

500

—

.

Lewiston, Me.—City bonds ($25,000 each year).
City bonds ($50,000 each year)

00,000

2,102,000
430,500
208,200

GOO,000
400,000
300,000
372,000

1,000
1,000

1,000
1,000
500

1,000
1,000
1,000

50,000
400,000
300,000
100,000
505,500
300,000
414,000
250,000
125,000
475,000
202,000
500,000
130,000
300,000
1,000,000
227,000
243,000
250,000
00,000
100,500
145,000
300,000
300,000
300,000
200,000
100,500
100,000
100,000

1,103,000

1,000
1,000
1,000

3,100,800
255,000

500 Ac.

1,000
1,000

1,000
1,000

622,000
1,800,000
3,433,000
125,000
021,000
500,000

Various

171,050

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

150,000
400,000
152,000
103,000

500 Ac.

240,000

150,000
01,700

5000Ac.
5000Ac.
1,000
500 Ac.

133.000

202,000
1,300,000
50,000
100,000
110,000
210,000

do
do

Lewiston A Auburn Railroad

Water bonds.

stock...

Water works
do

For

improvement of streets
Re-constructing street
Public buildings and institutions

Public school and school houses

value.

The

on

the

pronerty

bene-

79,001;
1874, by State census, 101,0S3.
The value of
waterworks is $1,589,088. against a debt of $1,100,000.
The water works bonds are issued on a
pledge
the

1852
1854
1857 to ’07
1873
1800 to ’07
1873
] 1871 to’73
1853 to’70

1,000
3,000
1,000
1,000
1,000

1
;

1

500,000
140,000
404,000 i

1,350,000 i
70,000
201,000

1,000

000,000
650,000

1,000
1,000

234,000

Holyoke, Mass.—Bonds all

was

....

Various
Various

erty in 1874

$510,026,

June 30,

,

1

coupon,

Hit

can

be’

assessment of taxable prop¬

was $67,391,oi6; taxes for that year,
or a levy of $1 35 per $100.
Total debt
1875, was $1,455,090. The School Board is

credit, and $75,000 per year col¬ a distinct organization from the city, created by a
lected in taxes to
pay interest on them. ’ As¬ separate act of the Legislature; levies its own tax,
sessed valuation, 1875, real
estate, $20,225,875; which is collected by the City Treasurer. The city
personal, $7,448,755—total, $27,774,030; true value warrants are discounted when sold. The floating
estimated at $92,582,100.
Tax rate, $3 92 per debt of this character, Jan. 1, 1875, was $200,000,
$100.
payable during this year.
Flizabeth.N. J.—Total debt of the city of Eliza¬
Jersey City.—Ttio total bonded debt of the city,
beth Jan. 1, 1877, was stated at
$4,820,000, as fol¬ April 1, 1877, was stated at
lows: General debt,
$14,737,451. The sinking
$927,000; assessment debt, fund was $770,000. Assessed
valuation. 1877: Jersey
$1,731,000; consolidated debt, $2,162,000. Estimated
<

Fall

River. Mass.— The sinking fund amounted to
$1H,0 8, January 1, 1877. The water works are
now
tion,

completed.

lt75,45,340.

Total debt,

$3,5.7,047.

Popula¬

Fitchburg, Mass.—Sinking fund, $69,500. Total
debt, $814,993. Tax \aluation, 1876, $11,711,888.
Bonds all coupon.
Population, 1S75, 12,283.
Galveston, Texa«.—The total city debt Sept. 1, ’77.
was
$8hl,4U0, of which all are 10 per cent currency,

except $35,(>.0 park 8s, due 1892-1902, and the limited
debt bonds. (V.
25, p. 283.)
Hartford, Conn.—Total debt, $3,186,*41 of which
*2v2,fi43 fl 'a:iug Only four bends of S5-0 each in
loan due 18-2.




i

do
do
do
do

do
do
do

1870 to ’89
1870 to 190G
1870 to’91
1892 to ’94
1S77 to ’81
1880 to ’95
1881 to ’93
1877 to ’80
1885 to ’96
1878 to 1888
1878 to 1801

.

city

true value of real and
personal property, $32,00.',00(f;
assessed valuation, $16,000,000. Tax rate
is $2 68
within the lamp
and water district, and $2 23
outside.
Population in 1875, 25,000.

do

Sept. 1, ’78, to *86

Various
A. A 0.
Various
City Treasury.
do
5, 0,7 Various
5 g. F. A A.
Boston, Revere Bank.
Aug. 1, 1894
0
M. A N. Boston, Bank Redemption.
May 1, 1805
0
M. A N.
do
do
'Nov. 1,1878-1880
0
M. A N.
do
do
Nov. 1, 1802-1000
0
F. A A.
do
do
Aug. 1, 1800-1005
7
M. A N.
Nov. ?0, 1882
City Treasury.
0
J. A J. Boston, Merchants’ Bank.
July 1, 1803
0
J. A J.
do
do
July 1,1801
0
J. A J.
do
do
July 1, 1805-1000
10
Various
Galveston.
1874 to’95
8
M. A S.
do
1907
10
J. A J.
New’ York.
1006
0
J. A I>. Merchants’ Bank. Boston.
June 1, 1879-81
0
J. A J.
do
do
July 1, 1881
0
J. A J.
Pluenix Bank, Hartford.
July 1, 1800-’03
0
F. A A.
City Treasury.
Aug. 1, 1000
0
J. A J.
Suffolk Bank, Boston.
June 1, 1801
0
F. A A. Merchants’ Bank, Boston.
Aug. 1, 1882
0
J. A JJan. 1, 1803
City Treasury.
0
J. A J.
do
Jan. 1, 1807
0 A 7
Various
1878 to 1880
City Treasury.
0
A. A O.
do
Oct. 1, 1880
0
J. A J.
do
Jau.1, 1000
7
J. A J.
do
Jan. 1, 1894
7
A. A O.
do
Apl. 1, 1804
0
Jau.
Jan. 1,1889, to’90
City Treasury.
7 3
N. Y., Winslow, L. A Co.
J. A J.
July 1, 1893
7-3
J. A J.
do
do
July 1, 1804
7*3
J. A J.
do
do
July 1, 1894
73
J. A J.
do
do
July 1, 1895
73
J. A J.
do
Jan. 1, 1599
do
8
A. A 0.
do
do
Oet. 1, 1878
5
A. A O.
do
d >
Oct. 1, 1882
0
J. A J. N. Y., Merch. Ex. N. Bank. Jan., 1877 to ’05
7
Various
do
do
1800 to 1913
0 * J. A J.
do
do
July 1, 1007
7
J. A J.
do
do
July 1, 1913
7
M. A N.
do
do
May, 1891
7
Various
do
do
1602 to’04
7
J. A J.
do
do
June 8, 1900
0 A 7
do
Various
do
Various.
7
J. A J.
do
do
July 1, 1890
7
do
Various
do
Various.
7
J. A J.
do
do
Jan., ’08 to 1-900
7
J. A J.
do
do
July, 1880
rr
i
J. A J.
do
do
July 1, 1879 A ’89
rr
do
Various
do
Various.
7
J. A J.
do
do
Various.
7
J. A 1).
do
do
Juue 1,1886
5
Various
Boston, Tremont Bank.
1678-1884
0
Various
do
do
1878 to 1802
0
J. A ,1.
do
do
Julv 1, 1804
0
A. A O.
do
do
Oet. 1, ’00. to 1006
0
J. A ,1.
Julv 1, 187S-’82
City Treasury.
0
J. A I).
do
1 June 1. 1883-’6S
0
J. A J.
(lo
!
July 1, 1885 ’
0
J. A J.
do
Julv 1, 1901
0
,1. A J.
do
July 1, ’03-1013
5
A. A 0.
do
j Oet.i,’97-1007-’17
(»
A. A O. N. Y., Mercantile N. Bank.l
April, 1882
0
A. A 0.
do
do
April, 1883
0
Various
N. Y., Bank of America.
1887, ’80, 04.
7
M. A S.
do
do
March 1, 1863
0
Various
Louisville.
I860,’ 00, ’07
7
J. A J.
N. Y.. Bank of America.
July 1, 1903
7
Various
do
do
1891, ’92 A 1003
6
Various New York and Louisville.
1883 to’80

tion, 1875, 16,260.

Indianapolis.—The

1877 to ’02
1877 to’84
1877 to '85
1890
1877-’81
Juue1.*907

J. A D. N. Y., Am. Excli. Nat. B’k.
M. A S.
New York.
Various N. Y., Metropolitan N. Bk.
Various
do
do
Various N. Y., Metropolitan N. Bk.
F. A A.
do
do
Various N. Y., Farmers’ L. A T. Co.

improvement and street opening registered. Sinking fti id, $12.01k).
Total debt.
sped d local improvements, and $: 6,5:0. Tax va.uation, 1d77, $9,399,820. Popula¬

Detroit, Mich.—'The population in 1870
in

of

224,000

|

—

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

assessments

due.

whom.

....

0

850,000

....

.

7
7
7
7
7
7
7
7
7
7

00,000

1,000
1,000

—

.

7
0 A 7
5

084,000
272,500
1,731,000
755,000

lOOOAc.
1,000
1,000
1,000

....

.

1,301,000

....

Water loan
do

redeemed by
fitted.

Principal—W hen

Where payable and by

Various N. Y., Am. Exch. Nat. Bk.
Various
do
do
Various
do
do
do
do

....

250,000
213,000
125,400

•

Large.

....

....

Fitchburg, Mass.—City notes
City bonds

.

1,000

1855 to’50
1855 to ’70
1859 to’71
1872 to ’74
1871 to’71
1870 to’75
1872 to’73
1305 to ’00
lS75-’70

City bonds

market

payable

0 A 7

114,000
80,000

....

1875-70

Viaduct
Bonds
Detroit, Mien.- 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
Fall River, Mass—City notes

§1,700,000,

When

Rate.

1,305,100
083,000

....

Iufinuary and River dredging

amounted
to
sewer, street
bonds are for

INTEREST.

Amount

.

i
1800 to’70

Canal lock

do
do
Water loan
do
do

Size

In these Tables.

I

For explanations see

by giving immediate notice of any error discovered

of 1870 was I0\750, against 68,033 in 1860;
estimated upon the basis of 7 to a voter makes
120.010. Assessed value of property, 1876, $71,849,772.
census
now

Rate or taxation for all city purposes in 187.5 was
—Eastern idstrict, $2 27 on $109: Western District.
$2 133; State tax, 45c. The following figures give
the assessed propert.' valuation for the past six
years
For 1870, $7 ',806,712: for 1871, $76,845,995;

for

1872, $77.15*5.642; for 1873,
187 5,
$75,586,812;

$77,225,872; 1874,
187*', $71,649,772.
he Mayor stated in his message of February, 1877:

$78,295,114;
'i

The Asse-sor states that the assessment for 1877
will be reduced still fuitlur by at least $4,500,000.
The amounts 1 vied for all purposes upou the

foregoing valuation

were:

For 1874
$1,511,831 22
For 1875
1.482,139 65.
For 1876
1,406,187 61
Sh wing a decrease of the levy in
City, real $54 581,869, personal $6,0 3,150; Hoboken,
1875 of
real $14,916,900, persoi al ♦1,449,4(0; Bayonne, real
29,491 57
75,951 94
$5,183,255, personal $159,175. Population by State And a further decrease in 1876 of....
—Or a grand total of $10*,443 51 reduction of the
census in 1875 was 116,883,
against 85,000 by U. S.
revenue since 1874 with which to
census of 1870.
meet the ex¬
(V. 22, p. 521.)
penses of the city government, and d<moastraihig,
Lawrence, Mass.—Total debt, $1,87’,6.50, of which i c nsequeutly. that the greitest eonomy has been
$300,0'10 matures in 1877. No sinking fund. Tax
obseived. if the Assessor is correct in his esti¬
valuation, 1876, $23,901,5:8; rate, 190. Population,
mate of a further reduction in vacations of. say,
1875, 34,916.
$4,5 0.( 00, the amount of tne levy at the same rate
as for 1876,
wi 1 make a furiher reduction in the
L'wi'ton, Me.— Total

debt, $1,201.90''; assets*
The railroad bonds w jre i.sued to build
the Lewi-ton A Auburn
RR., which is owned by
the cities of those na r.ej.
$118,5i-7.

Louisville.—The funded debt,
exclusive of railroad loans, was

8J,330,0"G Janu
is

ry

1, 1876.

January 1, 1877,
$3,25s,tH)0, against
Of the $8,258.00) there

payable out of the sinking fund $3,740,MOO;
able
by

special

tax,

$4,51S,00J.

pay¬

Population by

gross lew of not less than $10 ’,0 0.
In order that
this shrinkage in values may be better understood,
I add the following tab’e:
1874.
1875.
1876.
Real
estate
and
improveme its. .$62,*?1°.922 59,9.30.312 $56,38^.964

Meicliandise

Re-iduary
Personalty

.

9,695 402

5,664,930
714,8 »J

9,103,680
5 847,575
053,345

9,001,150
6.8)7,733
509,9.5

Subscribers will

Bonds.

notes on lirst page of

tables

Louisville, Ky.—(Continued)—
Sewer bonds

outstaudiug.

Elizabeth & P. Railroad

1868
I860
1S70 to ’74
1871
1871

Louisville, New Albany A St. L. Air Line RR.
Change of gauge, Louis v., Cin. A Lex. RR— 1871 to’73
Road bed
do
do
....
1851 to ’63 j
City bonds payable by railroads
Lowell, Muss.—City notes
L871 to ’76 Large.
Water notes
Water bonds

Lynn,

Large.

Mass—City notes.

j !S70-’3-’5 Large.
1 .OOO
! 1871-’4-’G

Water notes
Water bonds
Funded debt.

do
Water bonds
do
Sewer bonds

1885).

j
!

Railroad

Tain.—School and paving bonds—

bonds
Funding loan, gold

Post

Mississippi River Railroa d bonds
Endorsement Memphis A: Little Rock
Compromise bonds, coupon

'

1

....

1

500 Ac.
1,000

RR...

1,000
1.000

100,000

1,000

1872

10,000

429,000
1,171,000

bonds

.

.

.

.

■

■

Northern Railroa*

RR...

funding bonds (act March 9, 1875).. .
Nashville, Tenn— Nashville A Cliatt. Railroi
Various city bonds
New

I860
1850
1870
1871
1875
1849
I860 to ’70
.

floating debt, Ac. (s.

Public school bonds
Clinton Hill bonds, coup.

250,000

70,000

500
500 Ac.
1.000
500
500
1.000
500
500
500
100 Ac.

50,000

....

.

Bonds to Mobile A Al. Grand Trunk
To Mobile & Northwestern Railroad

1.000

1,000

....

....

Mobile— City debt, D, E, F
Bonds to Mobile A Great

.

4

.

War loan

1870
1801-’74
1875
'
....

do

Conn.—',Sewerage
Bridge certificates
City bonds

500

1,650,000

1,000
1,000
1,000

1,035,000

Railroad debt

Waterworks loan of I860
Seven per cent funding loan
Seven per cent funding loan

Jefl‘er6on City

of 1809.
of 1870.

(debt assumed)

,

1870
1871
1872
1872
1871

the notes he’d by savings
banks.
Water loan sinkinr fund, $6:1,v>67.
Tax
Valuation, 1876, $31,'-.98,46); 1877. *31,315,263. Total
Lowell, Mass.—All

Population, 1875,41,6 8.
Sinking
Ly n, Mass.—Total debt, £2 2 >6.0)0.
fund. $166,471.
Tax valuation, 1870, $-20,'-27,1 5.
Population, 1875, 32,60 \
Manchester, N. if.—Total debt, $1,01 L49assets,

debt, $2,331,000.

$83,367.
Memphis, Tenn.—The city has been in default for
interest since Jan. 1, 1873. The total floating debt
Jan. 1. 1877, was $2,145,4*1, of which $657,875 was
overdue interest, and there were nominal assets
(unpaid tixes, Ac.) to balance this of $2,2 >7,424.

of proposed settlement of debt with
50 c nts on the dollar, is
given in V. 24, p 387. The circular ef July, 1877,

An outiine

500.000
400.000

2,500,000

3,030,000

G, 7

G
*

1.128,000

G

Various

5
7

|J. A J.

.

30,000
60,000

1,230,050

7
8

122,500

580,000
1,000
1,000

1,000
Various.
/...

59.000

336,000
138,000
543,200
10.633,540

,

73
73
7 g.
7 g10
5

coupon* on the-e bonds.
as-ured at all events, even

r

ess) at 59 cents on




City Treasury.
do
do
do

New Orleans,
do
do
do
do

April, 1888, to’ 91
July 1, 1395
1879 to ’93
187G A 1892

188G
1879 to 1889
..

1891
1878
1900
1885

to
to

1910

1881
to 1904
to 1909
1883 to 1909
Oct. 1, ’91 A 1901.
Oct. 1, 1877
July 1, 1881
Oct. 1, 1877 to >6

July 1,1887-1397
July 1, 1892
1374-5 A 1894
Jan. 1, 1399
March 1, 1894
June 1, 189o

do

do
do

1887 to 1897
Dec., 1880
Aug. 1» 1911

Q.-J.

New Y'ork or London,
' do
do
New Orleans.

April 1, 1881

Q.-J.

A. A O.

July 1 1922
July 1, 1922

Assessed valuation of all property, about
S13,62o,.,5; tax rate, 1876, 2 per cent.

off!!!?!?!

i

•

r

k

offered by

the dollar. Fur judgments the
of 75 cents.1''

egisla lire authorizes the payment

personal, about $6,5 30,(04. Tax rate, $2 per $100.

do

Nov., 1905
1875-77-79
187G to’94
1877 to ’93
1878 to ’91

*lond8 sinking
in the first
thewhich
table
fundline
of in
1859,
5nts. $113,263; those in second line out of
Si° nD^ °
^30,588; public school bonds
Sinki g funds are provided for all the bonds.
J
c 8ch°o1 fund, $94,402; C’liuton Hill bonds
There is also about $47,000 scrip issued to settle
improve¬
rv^ru1 bonds
n? £mdagainst oflocal
ment
the city$27,764;
holds $2,676,368
assessments
old railroad bonds.
Population by State census,
unpaid and a lien on the property. Temporary loan
1875, 101,000. (V. 23, p. 622 )
bonds, Jan. 1, 1877, were £1,027,SCO. Valuation of
Minneapolis, Minn.—'Total debt, $071,570; tax real and personal property, 1876, $97,116 094 Tax
valuation, 1876, >21,834,078; bonds all coupon.
f!11 Proses, 1876, $1 99 per $100, against
Mobile.—The valuation of property in 1876 is $12,$1 SS in 18<5. Population in 1870, 105,059.
891.825 real estate and $5,377,716 personal property;
.New Bedford, Mass.--To:al debt, $1,750,6(0. No
tax rate, 1)4 per cent. Interest has been in default
Tax valuation, 18?i\ $22,996,014.
sinking fund.
sinffe

Hence the interest is

Assessed valuation <-f real estate, 187.5, $19,319,60);

1873 to 1902
1873 to 1900
Nov., 1900

Various
J. A D.
F. A A.

Population in 1870, 40.210. "(V. 21, p. 186, 570; V. 23,
p. 379; V. 25, p. 114.)
Milwaukee.—The city cannot issue debt b :yond 5
per cent of its average assessed value for five*years.
In 1876, valuation was $38,743.42i real, and $14,931,763 personal property; tax rate in 1875, 25.64 mills.

if by inevitable mi-for¬
tune the city should fail to pay I he interest in
money.
The proposition is to issue the new com
promise bonds in exchange fur the present ind-br¬
edness (including interest on past due indebtedn

do
do
do
Citv Treasury,

M. A S.
J. A D.

July, 1873. A settlement with bondholders was
Act of March 9. 1875, viz.: $510 in 6 per
cent bond for $1,000 of the oid 8 percent. • The 5
urging the city creditors to accept the proposition j
er cent bonds have a lien on city re venae, and
had the following:
“These new bonds are espe¬
exchange for these was offered at 75 per cent of
cially valuable, 1st, bee use th y and tlie coupons their face. Up to January, 1877,. there had been
are made receivable in payment of all taxes and
demands of the city, and this feature is expressly settled, of old bonds, all except the amounts out¬
made a part of the contract with the bondholders; standing, as above given, and $12,000 5s and
2d, It is part of the contract, and irrepealable, $60,500 8s of other issue-. A further adjustment is
aga>n
suggested by the Auditor under a law of
that the city shall not issue any more lum is.
Alabama passed in 1877, which provides that “ the
The annual levy uf tuxes for all purposes will of
municip il authorities of any city, town, or couivy
course exceed the amount rf the annual interest

creditors, at the rate of

Co.

do

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

1,000

200,000
499,000

653,650

!

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

1,000

.

18S7-’92-’97-1912
July 1,1878 to ’85
Aug. 1,1878 to’87

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

Various
F. A A.

200,000
150,000
4,381,000

r.

do
do

April 1, 1884-85
May 1, 1893
July 1,1890-’95

M. A N. Mobile, Mob. Savings Bank
New York.
Various
Various New York and Nashville.
Newark, City Treasury,
Various
do
do
Various
do
do
A. A O.
J. A J. Newark Meek. Nat. Bank,
do
do
M. A S.

7
77
G
G
5
6

'57, 07,’70

improvement bonds
Consolidated gold bonds (general series).
do
do
(drainage series
Ten per cent bonds, deficit and old claim.
New premium bonds (in exchange)

G
6 & 7
G A 7
7
7
7
7
7

830,500

I860
I860
1870

Street

G

148,000

1852

1854-55

,,

8g.

G

1,000
1,000

1,000;

City Treasury,

A
A

Jail. 1, 1880-1894

.

5
5

1877

1890

July. 1872

G

1,000

(10-20 bonds)

1890
1890

Charleston, S. C.
J. A J.
1907
New York.
J. A J.
June 1,1891
and
N.
Milw.
Y.,
A.-Goettel
J. A D.
Jail. 1, 1901
do
do
J. A J.
June 1, 189G
f-T
do
do
J. A 1).
/
Jan. 1, 1902
do
do
J. A J.
7
Jan. 1, 1902
do
do
J. A J.
7
Dec, 2, 1892
New
York,
Park
Nat.
Bank.
J.
A
D.
S
Feb. 2, 1894
do
do
F. A A.
8
do
May
1, 1905
do
M. A N.
8
April 1, 1878
do
do
A. A O.
10
do
July 1, 1878
do
J. A J.
10
1881 to 1885
do
do
Various
10
1886 to 1900
do
do
J. A J.
8
do
July,’91-’96-1902
do
J. A J.
7
Feb. 1, 1891 A ’99
do
do
F. A A.
8
Nov. 1, 1901
do
do
M.
A
N.
7
1878 to 1889
do
do
8 A 10 Various
1875 to ’86
Mobile, Bank of Mobile,
J. A J.
8
1885
do
do
J. A J.
8
July, 1399
J. A J. N. Y., Merchants’ N. Bank.
8
1901
do
do
J. A J.

73,000
1,890,000

100,000
400,000

1894

Republic. July 1, ’91-’94-’9G
1879 to 1896
Bust. Bk. Repub,
1882 to 1BOG

7
G
5
7

223,000

1.000

....

do

G

10,000

1,000

....

\i\

183Gto
Nov. 1,
1878 to
1878 to

Boston, Bank

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

6- g.

279,000

'

City Treasury,

G
G

412,000
179,600

1.000

1

....

City Hall

125,000

134,000

1,000
1,000

1872-’74

New Haven,

115,000

1.000

....

1 870
IS67 to ’70

Water bonds
do

110,000

1,000

1,000

....

Bedford, Mass.—City bonds.
City improvement

124,500

27,000
59,300
133,000

1,000
1,000
1,000

....

New

60,000

1.000

1875

& reg. (s. fd. 3 p. e.)

30.000
10,000

152,000

....

Aqueduct Board bonds.

(?)

350,802
242,000

1872

<

Various
! Vai ions
J. A .1

i.J.

June, 1901

Redemption.

5, 5 *2, 0 Various Treas’y A
do
do
! Various
5, G
City Treasury,
G
iJ. A J.
do
G
I A. A (>.
Suffolk Bank. Boston,
<;
; M. A N.
do
do
G
!J. A J.

300,000

G

IS

do

G
f>
G

July, 1898

Treasurer.

America.

Various

i

G

Due.

1888 A 1903
do
1878 to 1898
Louisville and New York,
Oct. 1, 1898
do
do
1889
do
do
1880, ’9-1 A 1901
do
do
Sept., 1891
N. Y\, Bank of America,
Feb. 1, 1S80
do
do
July, 1901 A 1903
do
do
1881 to ’93
New York and Louisville.
1878 to 1894
City Treasury,

iM. A N Boston. Bank

G

341,000
70,000

1.000
500 Ae.

Various
i

G, 7
G, 7

2,354,000

1,000

1857
1877
1861
1871

Various

i

G, GG

787,500

11867, ’8, ’9

'

! Various
M. A S.
IF. A A.
iJ. A J.

5 to 7

37,500

.

1SG7 to ’08

....

do
Western division
do
do
do
do
do
do
Eastern division

War bonds,

....

....

Milicauk-ee—Re-adjustment bonds
General city bonds

Minneapolis, Minn.—City
City bonds

200,000
400,000
40,000

....

1870

do
do
Water bonds, coupon
do
registered

117,000
80.000
70.000

....

($100,000 each year)
d<>
do
($8,000 1878, ’SO, ’81, ’80, ’85)

Sinreook Valley

Memphis,

1802 to '70 500 Ac.
i 1857 to ’t>7
1.000
i

City Hall and School House
Manchester, X. 11.—City bonds
City bonds ($70,000 1S84, $10,000

7
7
G

521 OOO
5109 >00

1.300,000
57.0,000
471,500
450,000
387,500
44,200

A. A O.
J. A D.

7

1,503,000

1 .(>00

1870

Various

6
6
G
7

352,000
136,000
90,000
014,000
500,000
107,000
350,000

Principal—When

Payable and by

J. A J. Louisville, City
N. Y., Bank of
J. A D.
do
Various

7

these Tables*

Whom.

Payable

7

1,993,000

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

’54,’62,3, 8

Wharf property
Jail bonds
For old liabilities
do
do

:

6

425,000

Where

j When

Rate.

$31,000

1868
$1,000
1,000
1871
1,000
18GS A ’73

do

error discovered Ui
notice of any INTEREST.

Amount

Size or
par
Value.

Date of

DESCRIPTION.
For explanations see

by giving immediate

confer a great favor

[September 29, 1877.

SECURITIES.

CITY

Population, 1875, 25,895.
New Ilav n, Conn.—'Total debt. *939,000. Sinking
lund on City Hall loan. $47,969 73.
The city has
made a ‘ special loan” of $75,000 to the New Haven
A Derby RR
and “guaranteed” $2=5,000 of
second mortgage bonds, on which the citv has been
ouliged to pay the interest, and on
special loan. Interest advanced to the road,
Population, 187<’, 50,840.
New Orleans.—The total funded debt. April. 1876,

*5u,000 of the
$82,690.

unpaid, Ac.,
The assessed
in this Stite, against which there may be outstand¬
$109,669,889, real
ing indebtedness, of any kind, are hereby authorized
mills; city tax,
and emp nvered to settle
arid fund any such
for settling
indebtedness upon the best terms they can obtain
drawing plan is in
without increasing the liability of any such munici¬
practice, and drawings take place January 31, April
pal corporation.” Population*about 38,00') (V. *0,
i.), July 31, and Octo er 15.
Population in 1870,
p 302.)
191.416: in I860, 138,670.
(V. 2!. o. 64, 86, 159,
Nashville, Term.—At the close of the fi-cal year,
2.8. 511, G13; V. 2V p. 471, 615; V, 23, p. 12S 135,
Sept. 30, Is76, there were $132,500 of past due bonds
J
and $ 8),(00 unpaid coupons. The total debt was
certificates, coupons

£6< .,<81, other floating debt,$1.145,325.
valuation of property for 1:77 is
and personal.
State tax, 14)4
l.> mills; total tax, 20)4.
A scheme
the debt by a bond premium

O

i

its

.

if

September

CITY SECURITIES.

20, 1877. J

.*

xi

3Ut»«4>rfber» will coufer a great favor by giving Immediate notice of any error
DESCRIPTION.
For explanations

see notes on first page of

Date of
Bonds.

Department of Parks improvement bonds

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

1871
1871
1871
1871
1872
1874
1870

Normal school fund stock

Public school building fund stock

Additional Croton water stock
Sewer repair stock
Consolidated stock
do
20-50 (redeemable July *96;
Museum of Art and Natural History stock

Armories and drill-rooms

Liquidation of claims and judgments
Central Park cons, improvement bonds
County Court-house stock.
do
No. 3
do
.

do
Soldiers’
Soldiers’
Soldiers’
Soldiers’

.

do

2,414,000
500,000

2,900,000
250,000
3,607,000

Ac.

Ac.
Ac.
Ac.
Ac.
Ac.
Ac.
Ac.
Ac.
Ac.
Ac.
Ac.
Ac.
Ac.
Ac.
Ac*.
Ac.
Ac.

4,172,000
970,637
490,000

450,000
3,341,071
399,300
3,849,800
5,705,000
2,748,000
296,000
75,000
1,971,931
7,269,400
700,000

521,953
597,586
2,767,000
3,000,000
3,000,000
6,500,000
3,661,739
1,000,000

500 Ac.
100 Ac.
100 Ac.
100 Ac.
100 Ac.
100 Ae.
100 Ac.
100 Ac.
100 Ac.
100 Ac.
100 Ac.
100 Ac.
100 Ac.
100 Ac.
100 Ac.
100 Ac.

....

City parks improvement fund stock

34,000
171,000
600,000

Ac.
Ac.
Ac.

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

Assessment bonds

Third District Court-house bonds

1873
1874
1874
1877
1875-6
1876
1862 to’68
1871

300,000

3,704,200
13,659,300

5,625,000
200,000
636,000
947,000
265,000
8,779.700

1,931,850
871,000
65,000
398.000

500
500
500
100
100

Ac.
Ac.
Ac.
Ac.
Ac.

323,250
488,475
1,240,000
2,400,000

100
100
100
100
100
100
100
100
100
100
100
500
100

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

4,000,000
946,700
745,800

600,000
359,091

1872

No. 4 & 5

bounty fund bonds

1864
1S64 /

subs, and relief red. bonds

1865
1865
1864
Riot damages red. bonds
do
1864 to’72
indemnity bonds
Assessment fund stock
1868 to ’72
do
do
1873
do
do
1874
do
do
1875.
1870
Repairs to buildings stock
Consolidated stock, gold, coupon
1871 to’72
Accumulated debt bonds
1869 to ’70
N. Y. and Westchester Co. improvement bonds
1870
Consolidated stock
3 874
For State sinking fund deficiency
1874
Debt of Westchester towns annexed

bounty fund bonds, No. 3
bounty fund red. bonds, No. 2

376,600

1,000,000
855,204
1,719,400
492,700
100,000

900,450
100,000

14,702,000
6,000,000

Ac.

30,000

1,680,200
3,509,545
1,250,000

....

Norfolk, Fa.—Registered stock
Coupon bonds
do
do
do
do

paving
—

works.)

City bonds

for water works
for bridges
for park and Centennial...:

Newton,
Total debt,
$1,213,0:4.
Tax
valuation, 1677, $26,645,946; rate, 1*36. Population,
1875, 16,165.
A

New York City.—The total debt of New York,
July 31, 1877, was $165,764,580; the amount of
sinking funds $29,659,110. The following statement
shows the details of funded debt, and the amount
in the
city sinking fund at the dates named:
Jan. 1, ’76. Jan. 1,’77.

Description.
$
Funded debt
119,056,903
Sinking funds... 27,748,307
Net debt

91,308,596
Temporary debt.. 21,322.200
Revenue bonds... 4,142,925
.

The population

$

July 31,’77.

119,631,313
28,179,102

$
121,319,183
29,659,110

91,452,211
22,371,400
0,104,844

91,660,073
22,144,400
18,300,997

of New York by the U. S. census

1870 was 922.531, against 805,658 in I860.
Since
Jan. 1, 1861, the valuation, rate of taxation, and
net funded debt at end of
year, have been as fol¬
,n

lows:

Rea1
Year, estate.
__

r-Rate tax p.
Personal
estate.

*

$l(00V->
City.

Stite.

$

1861..406.955.665

174,62*,306 3 62
1862. .399,556,404 172,410,<31 3 87
1863..402.187.382 191,967,161 4 27
1864. .410,774,<35 222,920,505 5 31

1865..427.360.834 181,423.471
1866..47-,994,934 257,994,974
1867..555.447.062 276,389,451

|o68..623,236,555
D«9.

285

]8<0..742,103,075
1871..769.3(2,250

305,285,874
306,947,233

199,972

.684,183,918 281,142,696




96
94

67
13
72
70
43

16
13
16
17
24

36
45
08
29
94
06
03
17
98
80

19
22
70
19
19
17 90

Net
Fundei
debt.

$
20,067,30
21,695,501
26 13 >.191

33,769,60
35,973,5933,654,681

32,914,42:
35,983,641
47,791,84<
73,373,555
88,369,381

and by

due.

4,853,500
8,701,600

....

Y<.ar.

Personal

estate.

estate.

$

Q.-F.

Q.-F.

a

July 1, 1898
1887 A 1895
Nov. 1, 1901 to

c

M. A N.

Q.-F.

’5

May 1,1878
1894 A 1897
1 QOft
•

A A
©

JJQ

gj
yA

vt
UD

•

1877, ’78, ’88
1879 to ’82

3 to
r-

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

uj

H

1890

j,
I

Nov. 1,1877 to’80
Nov. 1,1877 to’80
Dec. 23, 1901
Nov. 1, 1891
Nov. 1, 1891
Nov. 1, 1891
Nov. 1, 1882
1894 to ’96

f-, <<

c53

7 ©
©

-

©

O

2

ri
>>
C3

A

©

May 1, 1916-*26

5Z

1903
Nov. 1,1877 A ’79
Nov. 1, 1890
Jan. 10, 1880
July 1,1877 to ’79
Nov. 1,1878 to’80
1877 to ’92
1884 to ’88
1894 to ’98
18S3 to’90
1880 to ’81

?§
23
c
c

2

?

03

1895 to’97
1891
1877 to’79
1882
1887

3S 00

'rt

-

1903

a

1877-78
1910
1884 to’88
1896 to 1901
1884 to ’88
1891
1896
1877 to’86

43
an

O
u

<v

8
8
8
8
7
7
5
7
6
rj
/

5 A 6
6
6
6
6

$1,030 —,
State. City,

$

1878 tov85
J. A J. Norfolk, Treasurer’s Office,
Jan.. 1894
J. A J.
do
do
M. A 8.
do
do
Sept., 1890
A. A O. Norfolk, Cit. A Peop. Banks
April, 1892
Jill v, 1893
J. A J. Norfolk, Treasurer’s Office.
M. A N. New York, Park N. Bank.
May. 1901
A. A O.
Oct. 1, 1893
Boston, Bank Republic.
do
do
Jan. 1, 1898
& J.
do
do
& O.
April 1, 1907
Jan. 1, 1890 A ’98
A J
do
do
Jan. 1, 1898
do
do
A
Jan. 1, 1905
do
&
do
1877 to ’85
A
Far. A Mech. N. Bk ;
A
do
do
h>
>
1877 to 1903
A
do
do
do
do
A
!!>
1877 to 1905
A
do
do

Net
Funded
debt.
$

le in De¬

Boulevard work, and uncollected local
assessment*. (V. 20. p. 14, 29; V. 21, p. 86; V. 22,
p 03. 563; V. 23, p. 135, 160; V. 24, p. 40, 153; V. 25.
p. 17, 198.)
on

Norfo'k.—The

1880
1887 A 1898

o

Total

bonds due April, 1892, are two

issued to A. M. A O. HR. and
Raleigh & Gaston RR.; series 2d, to private parties.
Both series are secured by deed of tru*t on city
property.
Coupons of 1st series are payable at
Citizens’ Bank; coupons of 2d series at Pe. pies’
National Bank. Tax rate, $1 60; water tax, 40 cts.,
(special); total rate, 2 per cent.

Pdiladelphi'i —The to' al funded debt, January 1,
was $55,569,871; marantced debt, $5,599,490;
floating debt, $11,721,101. Sinking funds, $11,376,000.

of

disbursements

the

city for 1876 were

$14,165,210, classified as follows: Judgments. Ac.,
$744,277; interest on city loan, $3,740,733; interest
on
endorsed warrant*, $29 *,497; sinking fund*,
$805 345; warrants of previous years. $6,063,340;
amount paid on loan warrants. $1,539,110;
erec¬

tion of public buildings.
$74,079; school fund,
$8,593* State tax on i-ettlement, $38,646; cash for
the
The Comptroller's
departments, $809,943.

to form a basis for taxation in 1877,
issued Nov. 1. 1876, making totai estimated
liabilities. $29,334,029.
Of this amount $9,159,269
was estimated to come from other
sources than
statement
was

taxe=, leaving $20,204,759 to be raised by

taxes,

full city property.
His estimates, however, were materially reduced
by the Councils, and the tax rate was put at
$2 25 for full city property.
The following table
at

a

rate

of

$35

per

$1,0)0

on

exhibits the assessed valuation and tax rate in the

city since 1870:

represented by advances to contractors, ad¬

series—series 1st,

+->

A

I

6
6

An extract from Mr. Green's statem *nt, ma

1877,

u

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

cember, 1876. in regard to the city finances, is in V.
23, p. 53V
The outstanding assessment bonds (pay¬
able out of local assessments on property benefitted)
are

Nov. 1, 1900
1907 to 1915
1907 to 1911

o

M. A N.

1872.797.148,665 306,949,422 5 20 33 81 % 95,58?, 153
1873.836,693.380 295.7,643 5 41 19 59 f 106,363,471
1874.881,547.995 272,481,181 6 95 21 05 jg° 115.187,969
1875.883.643,515 217,300,154 '—29 40—' « 116,773,721
1676.892,428,165 218 626,178 '—28 00—' 2 119,811,310
1877.895,963,933 206,028,160 '—26 50—' j
The tax rate for 1877 has been placed at $26 59, 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 V. 25. i>. 196.

vances

Aug. 1, 1884
Aug. 1,1900

o

A N.
A N.
A N.
A N.
A N.
A N.
& N.
A N.
& N.
A N.
A N.
A N.
A N.
A N.
A N.
A N.
5, 6 A 7 .W. A N.
M. A N.
6
M. & N.j
6
5 A 6
M. A N.
6
M. A N.
J. AD.
6
5 A 6
M. A N.
M. & N.
6
M. A N.
7
M. A N.j
5 A 6
M. A N.
5
5
M. & N.
M. A N
5
6
M. A N.
M. & N.
7
M. A N.
5 A 6
6
M. A N.
M. & N.
6
M. A N.
7
M. A N.
7
6
M. A N.
M. A N.
6
M. A N.
6
M. A N.
7
M. A N.
6
M. A N.
6
M. A N.
6 g. M. A N.
M. A N.
7
M. A N.
6
J. & u.
7
M. A N.
7

Rite tax p.

Real

'C
a

M.
M.
M.
M.
M.
(>
M.
6
M.
7
M.
7
M.
5 A 6
M.
M.
7
6
M.
7
M.
7
M.
5, 6 A 7 M.
M.
7

150,000 i
150,000 ‘
164,000

....

1879 A 1880’
Nov. 1, 1902
1883 A 1890

OG

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

,

125,000
50,000
160,000

6,630,021
1,725,000
6,500,000

Q-F.

6
6
7
6
5
6
7 A 6 g.
6
6 A 7
7
5 A 6
7
6 A 7

189,300

■

1879 to 1895

July 1, 1^95
July 1,1905
July 1, 1905

M. & N.

5, 6 A 7
5, 6 A 7 M. A N.

500,000

.

1855
1855 to ’71
1859 to ’70
1868 to ’70

Various
City Treasury.
J. A J. Boston, Comm’mvealth Bk.
!J. A J.
do
do
J. & J.
do
do

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

28,500

1,000
1,000

....

Philadelphia—Bonds prior to consolidation
Bonds for railroad stock subsidy subscript’ns

payable

6,612
5

202,700
226,500

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

$100,000,1898)...

j

1,054,864

100
100
100
100
100

....

do
Water loan ($50,000 1890,
do
Court House

do
do
do

1874
1870
1872
1873
1871

trust fund

Norwich, Conn
City bonds

ioo

.

water (a mort. on water

Principal—When

Where payable
whom.

.

$353,000

Large.

,

Improvement of Third avenue—23d ward

i When

Rate.

-

18G4 to’72
1875
1875
Water loan
1875
do
1811 to’03
New York— Water stock
1872
Water stock
1810 to’09
Croton water stock
.
1805-0
New Croton Aqueduct stock
1870 to’76
Additional new Croton Aqueduct
1871 to ’72
Croton water main -stock
1805 to’74
Croton Reservoir bonds
1SGG to ’70
Croton Aqueduct bonds
1809
Croton water pipe bonds
Cent. Park fund stock ($275,000 only due ’98) 1857 to’59
1856
dtff
do
1858 to’71
Central Park improvement fund stock
1870
Dock bonds
1860
Floating debt fund stock
1865 A ’68
Market stock
1869
City Cemetery stock
1876
City improvem’t st’k (part red’mable after’90)
1870-73
do
do
1869
Lunatic Asylum stock
1809 ’70
Fire Department stock
1870-’73
Fire telegraph bonds
1869
Tax relief bonds
do
1870
do
coupon
N.Y.Bridge bds ($1,500,000 red.after July,’90) 1869-’77
1869-’70
Accumulated debt bonds
1809
Street improvement bonds
1871 "
Street opening and improvement bonds
Ninth District Court-house bonds
:

Muss.—City notes
City bonds.

Newton,.

in these Tables.

INTEREST.

Size or
Amount
par
outstanding.
Value.

tables.

discovered

Real
Estate.

Personal

$470,851,800

$8,188,873

491,814,096

8,592,786
8,608,819
8,930.700
9,239,933
9,434,873

Year.
1870...
1S71...
1872...
1873...
1874...
1875...
187(5...
1877...

....

....

...

....

....

....

....

....

502,415.^63
518,234,568

Estate.

539,003,602
565,849,095
585,408,705

10,004,673

593,813,532

9,755,000

Rate Tax

$1,000
$18 00

per

18
20
21
22
21
21
22

00
80
50
00
50
50

50

large amount of city debt maturing jn the
Assessed valuations for 1S77 are :
Full city projHjrty, $545,036,521; tax rate. $2 25;
suburban property, $38,252,980; taxVate, $l 50; farm
property, $19,779,031; tax rate, $1 12#. Populatioa
1870, 674,022, against 593,529 in I860,
There is

no

next five

years.

SECURITIES.

CITY

xii
Subscribers will confer

a

great

Bonds.

of tables.

page

Ph iladelph ia—( Continued )—
Bonds for war and bounty purposes

1S02 to *65
I860 to ’70

do

municipal, school, sewer, Ac
Guaranteed debt, gas loans
Peoria, Ills.—School loan....
Water loan ($50,000 each year)

INTEREST.

Size

Date of

first

Amount

or

outstanding.

$....

$11,050,000

....

....

....

do
do
do

do

....

04,500
100,000
105,000

....

....

....

....

....

Bounty loan ($21,000 each year)

....

....

Peoria A Rock Island Railroad

....

or reg.)... 180S to ’74
1845 to ’72
Funded debt and other municipal bonds
1803
Compromise railroad bonds (coup, and reg.)..
Bonds impr. Penn .aw, Ac. (local assessment). 1871 to’73
Portland, Me.—Loan to Atl. A St. Lawrence lilt. ’08/(30,’70
1807 to’019
Loan to Portland & Rochester Railroad
1872
do
do
do
1872
do
Portland A Ogdensburg
M unieipa 1—p roper
1852-75
1855
Providence, It.I.— Bonds for public improyein'ts
1803
Recruiting and bounty bonds.*
1872
Water loan bonds, gold, coupon and reg
do
do
1874
do
do
187*5
do
do
1875
City Hall A sewer loan b’ds, sterling, ep. or reg
Prow & Springfield Hit. bonds, guaranteed.. .
1872
1S77
Brook Street District notes

Pittsburgh—'Water exten. loan (coup,

..

To Koch. A State L. and R. N. & P. Railroads.
For various city improvements
Water works loau, coupon and registered

•

.

•

•

•

....

....

1

.

.

500 Ac.
lOOOAc.
1000Ac.
1000Ac.
1000Ac.
lOOOAc.
4)100

700.000

l.ooo

172,000
750,000
1,005,000

Bridge bonds

1840 to’71
St. Louis—Renewal and floating debt bonds
Real estate, buildings and general purposes.. 1840 to’08

1851 to’00
1850 to ’58

Street improvement bonds
Water work bonds (old)
Tower Grove Park bonds (gold)
Sewer bonds
Harbor and wharf bonds
New water work bonds (gold)
do
do
do
Renewal and sewer bonds (gold)
Renewal purposes, gold or sterling

1808

Renewal, Ac., bonds, gold, $ and £
Renewal, Ac., bonus, gold or sterling,

Bridge approach bonds (gold)
St. Louis County bonds assumed—

General purposes, gold

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

■

1S08

do
Water loan
do

t.

San Pi'ancisco— Bonds of 1858, coupon (gold)..
San Francisco A St. Jose RR., coupon (gold)..
Judgment bonds, coupon (gold)
Central Pacific Railroad, coupon (gold)
Western Pacific Railroad,
do
do
School bonds,

do

do

Judgment bonds,

do

do

School bonds
do
Park improvement

bonds

Pittsburgh.—See remarks upon the city's finan¬

cial condition V. 24, p. 591.
Cash valuation in
1876: Real property, $120,371.76); per onal, only

report:
$2,570,40), according to Comptroller's
“Occupation,"* $15,273,030. Sinking funds, $473,277.
Tax rate. 1877, 2j< mill-.
Population about 140,000.
Interest d( faulted April, 1877. (V. 24. p. 519, f.91.)
Peoria. ///—Total debt, $712,60); tax valuation,
1876, $14,574,105.
Portland, Me.—The sinking fund March 31.1876,
was $537.P*4.
The city is protected by mortgages
At. A St. Lawr. and

on

7

Portland & Roches¬

Railroads, and holds 7,143 share - of Portland &
Assessed va ue of real estate
in 1876, was $18,708,509; personal, $11,951,855. Tax
$25
rate,
per $l.u00.
Population in 1870, 31,413,
against 26.341 in i86 0 (V. 24. p. 512.)
Providence, R.I.—The principal debt of Providence
has been created since 1872 for water works. The
ter

1877
1858
1802
1803 to ’64
1804
1805
1800 to’07
1807
1870 to’72
-1874
1872 to’75

0
()

0
0 A 7
rr

4

10 A
10
0
0
0
0
(3
0
0
0
6
0

500
500
500
500
500
500
500
500
500
500

4

0 g.

r*

4

7
o g.
0 g.
o g.
6 g.
12 A 7
7
8
0
0
7
5
0

500,000
499,927
07,210
203,125
200,000
100,000
00,000
40.000

0

300,000
500,000
398,500
542,000
105,000
435,500

0
5
d
7
7
7
7
7
7
7
6
d

377,000
250,000
197,000

240,000
385,000
200,000
475.000

Rochester.—The bonds of Genesee Val.

the

not be ob aitied of the trea-urer.




St.

Joseph, Mo.—Population in 1370

was

19,565,

gg«•

gggggg.

A J. N. Y., Nat. Bk. Commerce.
do
do
A J.
do
do
A J.
do
do
A S.
do
do
A D.
do
do
A J.
do
do
A. A O.
do
M. A N.
do
M. A N.
St. Paul and New Y'ork.
do
'
do
M. A N.
Various N. Y\, P. M. Myers A Co.
J. A D.
J. A D. N. Y., Farmers’ L. A Tr. Co.

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

318,725
2,182.42 *

Floating debt revenue
Municipal revenue co lections
Special collections
Proceeds of anticipation notes
.

64,358

1,500,000
$5.7-34,701

The expenditures were:
Inte est on city debt" ...
,
Interest on county park bonds

(advanced)
id other liabilities paid..
...

$1,111,410
60.000
481,026
1,793,955

...

Expenditures from sp°cial collections....
Anticipation notes paid

53,283
1,509,000
7»,030

paid

$5,067,777

Unpaid warrants on baud April It, 1 77..

2#,317
$5,013,429

Bi’ance in treauiry-April 10, 1877
Total funded debt of city April 11, 1 7,
Tne Comptroller gives the following in

$6 *1 272
$16,247,000.
his late re¬
port to April, '77: The liabilities appear as follows:

(April 9,
1377), was $16,247,003; the bonded debt of'the late
county, assumed by the city. $8,820.0)0; bonds ma¬
turing during current fiscal year, for which renewal

1877 to 1881
1878 to 1880

July 1, 1887
Sept. 1, 1883
June, 1892

-

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

1,412,677

revenue.

Bonds mature! and

Sept., 1885

.

$258,510

April 11, 1376

Floating debt a
General expenses.

S.

J.
Jan., 1893
J.
Jan., 1900
A J.
Jail., 1900
A J.
July 1, 1900
A J. London. Morton, Rose A Co
July 1,1895
Providence.
1892
M. As S.
Sept. 1, 1880-’87
Treasury.
1878 to 1903
J. A J. N. Y., Metropolitan N. Bk.
1893
F. A A. New York and Rochester.
do
do
1870 to 1902
Various
Jan. 1, 1903
J. A J.
N. \\, Union Trust Co.
1905
do
do
1877 to 1897
Semi-an
City Treasury.
1878 to 1899
J. A J. Boston, First National Bk.
1873 to 1899
F A A.
do
do
1878 to 1899
M. A S.
do
do
1880 to’89
Various N. Y., Nat. B’k Commerce.
do
do
M. A N.
Nov., 1889
1878 to’39
Various St. Joseph and New York.
1891
J. A J. N. Y., Nat. B’k Commerce.
1878 to’91
Various N. Y., Nat. Bank Republic
1878 to 1900
do
do
Various
1879 to’SO
do
do
Various
1880 to’83
do
do
Various
do
F. A A.
do
Aug., 1898- 1877 to’89
do
Various
do
do
1377 to’88
do
Various
J. A D. New York and St. Louis. June, 1887, to ’90
A. A O. N. Y'., Nat. B’k Commerce.
April 1, 1892
1891 to’94
do
do
Various
Nov. 1, 1893
M. A N.
New Y'ork or London.
do
M. A N.
do
May 1, 1895
J. A J.
do
do
July 1, 1894
Dec.
10, 1892
J. A D. N. Y., Nat. B’k Commerce.

resources were:

Balance
Interest

RR loan.

$172 000. are provided for by net receipts from a
lease of said road to Erie Railway Company after
paying the interest out of said receipts. Valuation
of property about $62.000,000.Rate of tax, $1 33.
Ro2kla.it, Mi.—Total debt, $965,292.
We are
comped d to omit the details as to months when
debt matures, as the necessary information could

A

A
A

against 8,932 in I860. Assessed valuation of property,
$11,000,000; rate of tax. -23 mills. (V. 23, p. 135, 17c.)
St. Louis. —Population by the 17. S. census in 1370
was 310,861, against 160,773 in 1860.
The city and
county were separated by law in 1877 and city as¬
sumed the county bonds.
In the last fiscal year

Ogdensburgh stock.

floating debt at close of fiscal year September 30,
1876, was $1,8)4,996, and funded debt, $',797,259.
The assessed valuations of all property in 1876 were:
real estate, $H4,981,( 09: personal, $36,08 V:00.
Rate
of t^x, $14 50 per $1,000. The sinking fund for
bonds due in 1885, $443,643: sinking fuuds of 1893,
$1*2,947; ‘95, $37,940; 1*00-6,92,564. Population by
U. S. census, '70,68,901; by State census, '75,100,800.

g-

rr

2,300,000

Ac.
Ac.
Ac.
Ac.
Ac.
Ac.
Ac.
Ac.
Ac.
Ac.

6

gr
g.
g.
6 g0 g.
6 g.
d g-

000,000
450,000

1,000
1,000

M.
J.
J.
,r.
J.
J.

1877 to ’91

....

5 A 0

100,000

City debt.

g.

i

100,000
500,000

100 Ac.
100 Ac.
100 Ac.

Salem, 2[ass.—City debt

g.
gg.

0

450.000

1,000

Boston and Portland.
Providence.
do
Boston, Prov. and London.
N. Y., N. City Bank, A Prov.
do
do

m’nthly

rr

1,490,000

Various
Various
500 Ac.

July 1, 1897
1907

0

5
7

401,000

1,000
1,000
1,000

*■

...

2,072,000

Various

Railroad

5 A
0
5
5 A 0
5
5
5

1,219,000
3,950,000
1,250,000
081,000
1,074,000
707,000

1,000
1,000

J. A J. Phila., Far. A Mech. N. Bk.
J. A J.
do
do
£ 1877 to
do
do
J. A J.
1883 to 1905
Various
1878 to 1890
City Treasury.
M. A N
do
May 15,1879 A’Sl
J. A D.
(K)
June 1,1888
do ♦
Various
1890-1891
do
F. A A.
Aug. 1, 1889
A. A O.
do
April 1, 1890
Moll 1, 1882 A ’S3
M. A S.
do
do
J. A J.
July 1, 1888
A. A O.
1893 to ’9S
Philadelphia.
Various Pittsburg, Phila. A N. Y.
1877 to 1912
J. A J. New York, B’k of America.
L913
Various
lSt^to ’85
Philadelphia.
M. A N.
Boston, Foote A French. Nov., 1880,’87,’88
J. A J.
Boston, Columbian Bank.
July, 1887
....

885,000

1.000
1,000
1,000

Due.

Whom.

....

290,400
500,000
1,050,000
1,249,000
100,000
330,000
340,000

1,000

1807 to ’71
1853 to ’55
1807
1808
1872
1873 to ’75
1875
1875

County Jail
Renewal, gold
Park bonds, coupon, gold
County bonds
St. PaulJMinv..— Revenue bonds

500
500
100 Ac.
500
Various
Various
Various
Various

1855 to ’09
1,000
1852 to’08 Various
1867 to ’70
1,000
1872
1,000
1871 to *73
1,000
1873
1,000
1875
1,000
1874
1,000
coupon.
500
1872

Renewal bonus, coupon
Bonds to railroads, coupon
Insane Asylum

[0

410,000
101,125
400,000
150,000
205,000
431,500
150,000

*

1809

0 A 7
4 A 5
7
0

3,182,000

loan....*

1858 to’09
1871

7-

1,009

....

Bonds to Missouri Valley Railroad
Bonds for various purposes

100,000

450,000
1,350,000
2,230,300
000,000
300,000
2,000,000
2,000,000
1,500,000
1,400,000
500,000

.

-

7 g-

787,000
700,000

1,000
500 Ac.

lOOOAc.
Various
lOOOAc.

81. Joseph, Mo.—Bonds to St. Jo. A Den City RR. 1800 to’GO

on

....

.

10

Payable and by

1905

0 g.

33,000
70,000
42.000

4,413,400
2,2 41,000
2,170,400
5,028,800

....

1875

Funding loan
Rockland, Me.—City bonds
Railroad
do
do

40,000

Where

Pay’ble

6
0
0
7
10
7
7

5,500,400

....

....

When

Rate.

15,500,750

....

....

Principal—When

par
Value.

..

Rochester, X.Y.—To Genesee Valley Railroad

29, 1877.

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

DESCRIPTION.
For explanations see notes on

September

1893 to 1895

1877 to’90
1877 to’86

1839, ’90, ’9G
1833 A ’93
1900
Jan. 1, 1882-1887

City Treasury.
do

1878-1889

Boston, Merchants’ Bank.

Jan. 1, 1891

do
do
do
do
San Francisco.
do
do
do
do
do
do
do
do
do

.

April 1,1905
May 1, 1895

A pi. 1,

1883-1898

July 1, 1904
Jau. 1, 1888
1877 to ’78
Oct. 1, 1883

July 1, 1894
Mayl, 1895
April 1,1881 Oct. 1, 1887
Juue 1,1882 to ’90
July 1, 1894
1397 A 1904

Gaslight Co. for gas furnished
prior to 1S7*, with interest to July 1. Is75, $622,000;
claim for gas from December 1,1875, to May 31,
1876, $02,922. [These claims are in suit. A decision^
favorable to the city has been rendered by Circuit
Court.] Other outstanding liabilities amount to
$379,836, and are fully provided for in the estimate
of expenditures for the current year,
'i he sinking
fund is as fol ows: Assets of this fund at com¬
mencement of the present fiscal year, $716,802.
claim of St. Louis

c

ha«, since its organization (March 4,
1870,) purchased and retired $1,22*9,000 of bonds,
including $67,009 issued May 1, 1377, in renewal of
$71,0)0 of bonds matured last fiscal year. The

This fund

available this fiscal year will be about
$357,93 5 93, of which about $155,001) are resources
of last fiscal year carried forward for purcha-e of
bonds duriaag this fiscal year.
As-e-sed valuation
of property, $181,321,310; tax rate, $2 80 per

resources

$100.

(V. 22, p. 513; V. 25, p. 20i.)
St. Paul, Minn.— Population in 1870 was 20,030;
in 1S75, by State census, 33,237.
Assessed valuation
of taxable property, $27,755,926, or
of the actual value. (V. 15, p. 626.)

about one-haJ

Salem, Mass.—The sinking fund amouns t,o
$173,*>6), and the bonds are v lued at par; $1,146,OX) of debt oupon; balance
registered; total,

$1,452,678. Population, 1875.25.9:8. Tax
13.5, $26,312,272; 1377, $25,819,600.
San Francisco.—Population by the U.

valua ion,
S. census

The bonded debt at the close of fiscal year

bonds

are

authorized, $411,<903.

Oth

r

liabilities-

041,349. About $54,090,090;
omitted from assessment.

of mortgages are now

Sinking funds .raised
$263.5*i(V Tax rate in R76-< is
$2 12^ per $109, against $l 60'/> in 1875 G.

annually amount to

.

CITY SECURITIES.

September 29, 1877. J
Subicribara will confer

a

graat favor by giving immediate notice of any error dlacovered In theaa Tables.

DESCRIPTION.
j? or explanations see

Date of
Bonds.

Size or
par

notes on first page of tables.

Francisco— (Continued)—
Hospital bonds

San

Value.

1871 to ’73
1874
City Hall construction
1875 to’76
1876
Widening Dupont St. (Act March 4, 1876)
Savannah, Ga.—Construction of waterworks..
1853
Improvement of Savannah River
1853*
Savannah, Albany A Gulf Railroad
1853
1866
Funding coupons and other purposes
Redemption of bonds
1869
do
do
1870
Bonds for city improvements
1870
Harbor, Ac., improvements
1872
For floating indebtedness
1873

Somerville, Maas.—City debt..
City debt

Public Park
Water loan
do
do
do

Springfield, Mass.—City notes
do

Railroad loan
Railroad notes
Toledo, O.—Gen’l fund and
,

deficiency bonds, cp. ’70,’71,’76
Toledo & Woodville Railroad, coupon
1870
Various City purposes, coupon
1859-’65
do
do
do
1859-’74
do
do
do
;. 1869 & ’76
Floating debt, coupon
1867
Water works
1873 & ’74
Short bonds, chargeable on^special assessm’ts
1873-’75

Worcester. 2[ass.—City debt, coup, and regist’d.

117,000

500

349,500
534,000
500,000
400,000

1,000
1,000
500 Ac.

When

Rate.

Pay’ble

Various.

115,000

6

Large.

140,854

5*2

Savannah, Ga.—Default was made on interest due
Noy. 1, 1876, in consequence of yellow fever and
non-collection of taxes.
A conference with some
of the creditors of the city was held June 6, 1877,
for a compromise. In Juiy an action was com¬

menced by citizens Jo pi event the payment of bonds
or interest, but an injunction was refused. Assessed
value of real estate, $11,600,000.
Population in
1970, 28,235, against 22,292 in 1860. (V. 21, p. 481,

6*2
VP-2

1000Ac.

200,000

5

Large.
Large,

170,000
155,000

2 bonds.

80,000

0*2
6*2
6 *2

5,000
Various.

20,000
70,000
177,000

5*2
5*2, 6

Large.
•

•

•

•

....

m

m

m.m

....

....

....

....

-

100 Ac.
500 Ac.

6

223,000

6

200,000

6

1,000,000
300,000
75,000
544,500
453,000
42,355
594,500
90,000
98,000

1,000,000
669,600

Various.
100 &c.
100 Ac.
;

g.
g.
g.
g.

Large.

Various.

-

65.000

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

461,000
165,000

500 Ac.
500 Ac.

:

368,800

1,000

...

Sewer loan




•

.

Large.

($220,000 reg., $580,000 coupon).
registered

512; V. 25, p. 41, 80.)

.

500
500
500 Ac.
100 Ac.

Large.

City debt, registered.
do
do
(5 pieces, $100,000 each)

registered

-

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

Water loan

do

150,000
750,000
915,000
198,000
64,500
937,500

Large,

:

City bonds

do
do

$210,000

500 Ac.
500 Ac.

Large.

.

do
Water loan

outstanding.

$500Ac.

Various.

do

do
do

INTEREST.

Amount

Where Payable, and by
Whom.

Principal—When
Due.

-

House of Correction bonds

do
do
do

mi

55,000
340,000
500,000

800,000
100,000
92,900
168,900
125,100
150,000
52,300
100,000

7
7
6
8
73
6
8
7
73
8
7 A 8

5, 6
7
6
6
5
6
6
6
6
6
5

>

M. A N.
J. A J.

San Francisco.

Nov. 1, 1891
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 I).
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
A. A O. Boston, Nat. Security Bank Oct. 1, 1878-’79
A. A O.
do
do
April, 1879 to ’84
J. A J.
do
do
July 1, 1880 to’84
Various
do
do
Oct.’S l-’4, July,’85
Various
do
do
July, ’84, Apl.,’95
Various
do
do
A pi., ’95, July, ’96
A. A O.
do
do
Oct. 1. 1881
J. A J.
do
do
July, 1881 to *84
A. A ().
do
do
Oct, 1880-’81
J. A J.
do
do
July 1, 1885
Various
do
do
Apl.’86, duly, 1906
Various
City Treasury.
1879 to 1884
Various Boston, First National B’k.
1878-1890
A. A 0.
do
do
April 1, 1905
A. A O.
do
do
A pi. 1, ’94, to 1903
A. A O.
do
do
Apl. 1, 1879-1893
Various
1877 to 1881
City Treasury.
A. A O.
New York.
1877 to ’88
M. A N.
do
May, 1900
F. A A.
do
1877 to’84
Various
do
1877 to’89
Various
do
1878 to’86
F. A A.
do
Aug. 1, 1877
Various
do
June,’93&Sep.,’94
Various
do
1877 to *81
A.
J.
A.
J.
J.
J.
J.
J.
J.
J.

A
A
A
A
A
A
A
A
A
A

O.
City Treasury.
Apl. 1, 1878-1879
J.
do
Jan. 1, 1881
O. C. Treas. A Bost. Mchts.’ Bk.
April 1, 1892
J.
Jan. 1,1887
City Treasury.
D. Boston, Merchants’ Bank. June 15,’78 to ’80
J.
do
do
July 1, 1880-’81
D.
do
do
June 1, 1878-’88
J.
do
do
July 1, 1885-’86
D.
do
do
Dec. 1, 1890
D.
do
do
Dec. 1,1906

Somenille, Mass.—Total debt, $1,771,854; sinking
fund, $45,131; tax valuation, 1876, $26,573,400. Of
the 200,000 5 per cents, $140,000 is in $1,000
pieces,
and oniy four other $1,000 bonds in the whole
debt,
which ranges from $2,000 to $50,000 pieces.

during 1876, $60,805. Of this the debt payable
by special assessments was $669,600. Taxable valua¬
tion of property, $19,798,580; tax rate, $4 44 per
$100.

SprinqUeld, Mass.—Total debt, $2.007,786; cash
The railroad debt falls due $20,' 00
No registered bonds. Tax valuation,
1870, $25,514,060; 18*6, $25,109,456; 1877, $30,697,776.
Rate, 132. Populatiou in 1875, 31,053.

Worcester, Mass.—1Total debt, $2,484,200-reg.,
$944,000; coup., $1,540,200. Cash assets, $121,651,
including $44,375 40 sinking fund.
Population,
49,317 in 1815. Tax valuation, 1870. $34,018,450;
1810, $48,223,397; 1877, $45,602,695; rate, 152.

assets, $314,450.
each year.

Toledo—Funded debt, Jan., 1877, $1,495,949; de¬
crease

RAILROAD STOCKS AND bonds.

XIV

Subscriber* will confer

great favor by giving immediate notice of any error

a

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

see notes

Miles Date
of
of
Road. Bonds

Size,

or

Par
Value.

discovered in tlieae Tables*
Bonds—Princi¬

INTEREST OR DIVIDENDS.

:

DESCRIPTION.

For

[September 29, 1877.

Amount

Outstanding

When

Rate per
Cent.

Payable

pal, When Due.

When Payable, and
Whom.

Stocks—Last
Dividend.

by

-*
-

.

■

Alabama Central— (Selma A Merit!.)—1st mort
Alabama £ Chatt. -1st mort., gold, guar, by Ala
Receiver’s bonds or certificates
Albany £ Susquehanna—Stock
1st mortgage
Albany City loan (sinking fund, 1 per et. yearly).
—

2d mortgage
3d mortgage, sinking fund
Consol, mort. (guar. D. A II.) coup., may

be reg...

Alleghany Valley—isto<rk

General mortgage (Riv. Div.)
Bonds to State Pa. (endorsed) 2d mort., East ext.
1st mort., East’ll Extern, guar, by Pa. RR

81
206
201
142
142
142
142
142

1871

$....

1800
1S72

1,000
100

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

1 lo

110
202
51
48
Arkansas Central— 1st A 2d mortgages, gold
1
>
(
Ashtabula, 2
1st mortgage
Youngstown £ Pitts.—
02
2d mortgage, income
T
150
Atchison £ Nebraska—1st mortgage
470
Atchison, Topeka £ Santa Fe— 1st mort., gold
Land grant mortgage, gold, (on 3,000,000 acres).

Funding income bonds, with traffic guarantee —
Alexandria £ Frcdricksburg— 1st mortgage

1800
1870
1871
1874
1800
1H71
1871
1874
1S71
1800
1870

(contingent)

27 4*2
50
148
205
*7
585
5t?5

1st general mortgage ($18,000,000)
2d
do
do
($12,000,000)
3d
do
do
($20,000,000)
Leased lines rental gold bonds (Cl. A M.)
do
do
(P. P., P. V. and 8. A A.)
Western Extension certificates (Cl., Col., Cin. A I.)
do
do
do
bonds
Atlantic £ Gulf— Common stock
Guaranteed stock
Consolidated 1st mortgage
,
Sav. Albany A Gulf RR. mortgage bonds
Southern Georgia & Florida, 1st mortgage
do
do
2d mortgage

400
400
400

Atlantic, Miss. £ Ohio—Stock, (eoiu’n, pref. A guar.).
1st mort. consolidated, gold (for $15,000,000)

428

—

2d mort. to the State (no interest till 1880)
Norfolk & Petersburg—1st mortgage
do
do
1st
do
do
do
do
2d
South Side—1st preferred consolidated mortgage
do
2d
do
do
do
do
3d
do
do
do

Virginia & Tennessee—Enlarged mortgage
do
do
do

4tli mortgage

Registered certificates
Interest funding bonds
Atlantic £ Pacific—See St. Louis £ San Francisco.
Atlantic £ St. Lawrence— Stock, currency
Stock, sterling
Portland city bonds, 1st mort., sinking fund
2d mortgage, sterling, 5-20 years
3d

do

do

2,166,500
4,000,000
3,300,000

.

1,000
100 Ac.

10,000,000
5,841,800

500 Ac.

1.000,000
1,200,000

1,000
1,000
1,000

1,500,000
400,000

do

Augusta £ Savannah—Stock.
Bald Eagle Valley—1st mort., s. f.(,$5,000 per year>.
2d mortgage ($5,000 per year)
Baltimore £ Ohio—Stock
Preferred stock

Washington branch
Loan, 1850
Loan, 1853
do
1870,sterling, £800,000

280
58
58
428
4°8
81
81
81
133
133

133
214
214

150
150
iro
150
150
150
53
51
51
5SS
52
30
....

....

411

Alabama Centr'd.—In default since
a new

January, 1872.

adjustment.

Alabama £ Chattanooga—Road sold in fore¬
closure and purchased in inter*st of Messrs. Emile
Erlanger & Co., of London, who offered to let the
bondholders share the an vantages of a re-organi¬
zation.
(V. 23, p. . 9.12. S', 1.4, :5.\ 3*2, 4*0: V. 24,
p.

40, 183.)

Albany £ Susquehanna.—This road

was

leased for

150 years from P70 to Delaware & llud-on Canal
Co., at 7 per cent per annum, on stock and bonds.
Important change m terms made in 1876. Consol,

mortgage is for $10,030,0 0, of which $3,450,0< 0 is

to retire old bonds, and balance for a part of old
stock and to lessee for improvements, which up to

April, 1876, were §1,978,672. (V. 22, p. 399, 495; V.
23, p. 101, 427.)
Alleghany Valley.—This road was embarrassed in
1874, and compromised with creditors. Net earn¬
ings in 187». $1,29'*,934. of income bonds, ?2,'-49800are held
by individuals, and pay interest in cash;
$3,492,000 held by railroads draw interest in I ends.
Abstract of operations in 1875 and 1876 in annual
reports, V. 22, p. 3 » 2, and V. 24, p. 4t»3.
Alexandria & Fr dricksbura.—The Pennsylvania
Railroad holds $5;2,0i0 of the bonds and controls
the road.
Arkansas Cent rah

Most of the bonds

were

sold in

London, where $600,00' * of 2d mortgage bonds were
also hypothecated. Receiver appointed, March, 1876,
and sold in foreclosure t my 24, 1877. (V. 22, p. 374;
V. 23, p. 302; V. 24, p. 3»5, 420; V. 2*, p. 113.)

Ashtabula, Youngstown £ Pitts.— Tt is leased and
operated by Pennsylvania Co. at cost. Net earnings
paid to lessor, bnt lessee guarantees interest bn
1st mortgage for
five years.
Common stock.
$1,500,000; preferred, $400,000. Net earnings, 1*75,
$84,156.
,

Atchison & Nebraska.—Gross earnings. 1816,
$410,225; net. $47,147; unpaid coupons to Jan., 1877,
$1,050,000. (V. 22, p. 39 j ; V. -4. P. 442.)




1,000
1,000

1877

1,000
100
ioo
100

....

500 Ac.
500 Ac.
500 Ac.

1871
1K71

1871
1872
is 73
1873

.

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

8

7 g.

7
12
7
7 g.
7 g.
7 g.

650,000
1,770,000
(?)
1,232,200

J. N. Y., Winslow, L. A Co.

A

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

7 g.
7 g.

475,000
480,500
412,000

June, 1901
Jan., 1880
July 1,1877
July, 1888
Nov., 1895
Oct,, 1885
May, 1881
April 1, 100G
March 1,1806

$100,000 y’rly.

O. Philadelphia or London
O.
Pittsburgh.
I).
Pliila., Penn. RR.
J. London A Amsterdam.
O. N. Y., Winslow, L. A Co.
J. Pittsburgh, Penn. Co.
S.
Boston, at Office.
J. N. Y., G. Opdyke A Co.
Boston.
O.
do
O.
do
J.
do
J.
do
N.
do
J.
do
J.
do
J.

Oct.,

1001
1894
June 1,1896

July, 1891
1901
1904

Sept. 1, 1896
July, 1800
Oct.

1, 1000
1903

’77,’78,’70 A’82
July 1, 1902
July 1, 1905
1905
•

....

i

J.

A J.

7
7 g7 g.
7 g.

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

A
A
A
A
A
A

7
7
7
7

J.

A J.

7 g-

A. A 0. N.

84.100

8
7
8
8
0
0
0
8
8

226,900

8

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

Atlanta, Ga., at Treas’y.

....

--

Aug. 1, 1877

24 705 208
0 876 250

15,165,200
11,080,680

28,783,000

*

Tr

5,355,000

7

3,508,000

7 g-

500

2,000,000

8

1 748 500

7

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

Oct.

1, 1876
Jan., 1002
Sept., 1902
Nov., 1902
Jan,, 1902
Jan., 1903
July 1, 1876

3 003 ‘>00

782,070
1,000.000
300,000

1808

404,000
200,000

1809

6,021,900
5,470,000

1871
1871
1857
1857
1808
1800
1800
1806

J. N. Y., B’k of Commerce.
J. N.Y.,I)el. A Hud.Can.Co
do
do
N.j
do
do
0.
do
do
N.
do
do
O.

Jan’ary Harrisburg, Treasury.

7

3,370,000
3,294,000
200,000

ioo
100
500 Ac.

is*67

J.

8 A 7 g.
7 g.
7

1,000
1,000

Savannah.

3*2

July, 1807
N.

Y., Perkins, L.A Tost

M. A N.
M. A N.

do
do

do
do

1870
Nov.

1, 1888

May 1, 1880

Y\, First Nat. Bank.

1, 1901

Oct.

4 000 000

500 Ac.
500 Ac.

1,000

306,000
157,000
458,000

„

1,000

684,000

200 Ac.
200 Ac.

1854
1805

621,000

452,500
900,000
960,000

1,000
1,000

Var’us Various
100 Ac.
1800

100
£100
1,000
£10 >
£10 >
£100
100
100 Ac.

1868
1804
1871
1853
18(51
1804

100.000

13,144,100
4,3 18,400
1,650,000
570,500
1,710,000

100
100

....

1874-5
1872

787,000
1,500,000
713,000
484,000
1,022,900
330,000

100

....

1850
1853
1S70

28,000

4,070,080

1,000

....

1 855

Debentures, sterling
Sterling mortgage...

I?-, 138, 156, 369, 420; V. 25,

1875

340

Baltimore loan. 1S55-’00

p.

1* 872

Y., Third Nat. Bank.

..........

3,750,000
7,041,000

500 Ac.
500 Ac.

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

730
5
7 or 0 g.
7

2*416,300

....

Sterling bonds, not mortgages

Negotiations pending for

7
7

....

Wichita A Southwest, (leased) 1st M., gold, guar..
Kans. City Top. A West., (leased,) 1st M., gold
Pueblo A Ark. Valley, (leased,) 1st M.. gold
Atlanta £ Richm'd Air /..—New mort. for $500,000
Atlanta £ West Point—Stock
Atlantic £ Great Western—Stock (total $40,000,000)
Preferred stock
Old 1st mortgage bonds, Ohio Division

do
do
do

253,000
1,505,000

50

Consol, bonds, gold

Notes
Land income bonds
Pottawattamie bonds

0
7

A J. N.
A J.

1

7.

2,000,000

1,000

J.
J.

3*3

033,000

500 Ac.

202

132

5,220,000
1,200,000
3,500,000
1,000,000

1,000

1863
1805
1805
1800
1870

8
8 g7

$1,600,000

£200
£ 100

3.398,950
3,253.020
3,872.000

0,108,852

A
A
A
A
A
A
A
A
A
A

F. A
M. A
M. A
0
0 g. A. A
o g. M. A
M. A
0 g.
J. A
3*2
J. A
0
J. A
7
M. A
5
J. A
3
A. A
.5
J. A
*6
A. A
6
M. A
0
J. A
0 g.
J. A
o g.
M. A
0

3
3 g.

g.;

J. N. Y., Perkins, L A P. Jan. 1, 1877
Jan. 1, 1877
do
do
J.
do
do
J.
July 1, 1893
Jan. 1, ’84-’90
do
do
J.
Jan. 1, ’84-’90
do
do
J.
Jan. 1, ’86-’90
do
do
J.
do
do
J.
July 1, 1884
Meh. 1, 1900
do
do
J.
Jan. 1, 1875
J.
Lynchburg Office.
J. N. Y., First Nat. Bank. July 1, 1880

Aug., 1877
Sept. 15, 1877
Portland.
May 2, 1886
London, Gr. Trunk Rw. Oct. 1, 1884
Oct. 2, 1891
do
do
Nov. 1, 1878
do
do
Savannah.
Juno, 1877
Pliila.,Farm. A M. Bank July 1, 1881
do
do
July 1, 1884
May 1, 1877
Baltimore Office.
Jan. 2, 1877
Balt., Merchants’ Bank.
Baltimore Office.
April 17, 1875
1880
Balt., Merchants’ Bank.

Portland.
A.
S. London, Gr. Trunk Rw.

N.

O.

N
N
D
J
J
N
J
O
J
O
Baltimore Office.
London.
S
Baltimore Office.
JJ- London, Navlor A Co.
London.
S..
,

-

1885
1895
1890
1878 A 1880
Mcli. 1, 1002

sold at auction at 5)„'(^ 0lC (V. 22,
V. 24, p. 3 », 181, 203, 36S; V. 25, p. 57.)

p.469;

Atchison, Topeka £ Santa Fe.—Net earnings, 18*6,
$1 315.09 ; see annual report, V. 54, p. 46 >. Inter¬
est is paid oh $976,t (0 of the 2d consol. mor*gaje

were

bonds,

the stock
— Of
preferred, and $276,2)u
itself
holds
guaranteed;
the company
$3,441,200 of the common, all the preferred,
and $165,700 of the guaranteed stock.
Gross earn¬
ings year ending dune 30, 1877, $1,802,281; ex¬
penses, $1,331,412; net earnings, $470,839.
The
toupon
on okl bonds,
company funded one

but on the balance of that issue coupens
funded to Oct, 1876, and were then paid, half
in cash and half in ten-year scrip. Coupons, of Jan..
1877, on notes of 1882, paid half in cash and half in
scrip due 18°2. The K C. T. & W. is lea-ed at 30
per cent of gross earning--, rising to 3 5 per cent in
1S-0 and ilvreafier.
(V. 22, p. *32, 3.7, 4 4 6; V.
23, p. 15, 353; V. 24, p. 466. )

p.

v. 13*.
(V. <2, p. 58:*; V. 23,
180, 201, 360.)

,*.

January,
1874, but
in part.
In October,

378, 575; V. 24,

collateral,

p.

62, 85. 232, 255. 278, 352,

2«1.)

402,
of

A ugusta & Savannah.—Leased to Central
gia for $73J00 per annum; has surplus
about $50,600.

-

of Geor¬

lirnd or

Pennsylvania Rail¬
Pennsyl¬

Bald Eagle Valley.—Leased to
road at 40 per cent of gross receipts. The
vania Railroad bolds all the 2d mortgage bonds.

Atlev tic £ Gulf.—The Company also has $3:4/O')
of old sectional mort. b'ds outstanding: $500/00 10
tier cent coupon notes; $45,000 Junction Branch RR.
b nds, and *52.500 Bainbridge Ext. bonds.
Net

as

coupons

Atlantic £ St. Laurence.—Leased for 999 years,
from July, 1853, to
Grand Trunk Railway
Canada. Annual rent, 6 per cent on bonds and
stock.

per hoi d was paid on the coupons of Jan . 1876, of
i he leased lir.e ren’al bonds of
1872.
(V. 2->. p. 181,
327. ?50; V. 24, p. 40, HO, 134, 159,328,4*0, 599,
646: V. 24, p. 88, 156, 241, 345, 518; V. 25, p. 16.)

held

fV 23,

22, p. 28''.

are in progress, and a considerable
amount of securities has been deposited bv holde.s with the London Committee.
In July, 1877, £3

Interest c-n consol,
paid, and receivers
New York, July 7,

subsequent

427, 499; V. 24, p. -03, 226; V. 25, p.

re-organization

$352 913.
bonds due Ian. I, 1877, was not
were appointed in March.
In
$1,00.'',(00 2d mortgage bonds,

paid

dent Mahone’s circular to bondholders, showing the
financial cond.t on, is given in the Chronicle, V.

Atlantic £ Great Western.—This road was leased
to the Erie for 99 years from-May
,1874, but the
lease did riot go into effeor.
Shortly after (in
July, 1^74) default was made on its bonds. The
last annual
report, to
Dec. 3L 1876. will be
found in V. 24, p. 372. Proceedings looking to

were

Ohio.

1875. m I ondon, the company
made a proposal to fund whole coupon then due,
on consol, bonds, and four-sevenths of coupons due
up to 1881, paying three per cent cash on coupons
till 1881, and balance, if earned. A bill to foreclose
tie consolidated mortgage was filed by the trustees
thereof, at Richmond, Va.. March, 1876, and in
dune receivers were appointed. Extract from Presi¬

Atlanta £ West Point.—Gross earnings, 1876-7,
$11,158; net ear.iingj, $b 6.949. There are $83,000
bonds outstanding. (V. 23, p. 36 2; V. .5, p. 1 37 )

earnings in 1876

£

$5,845,700 is common, $800,000

Afian/a £ Richmond Air Line.—Sale in foreclosure
made December, 1876.
Report of earnings <fcc., V.

22,

Mississippi

Atlantic.

were

Baltimore £ Ohio.—The

annua1 report for 1875-6

published in the Chronp lf, V. 23, p. 124. i-n©
gross earnings of the “Main Stem, 1 Ac., and financial condition of B. & O. Co. for four years were

was
’

'

fnl'nwR

•

September

RAILROAD STOCKS AND BONDS.

29, 1877.]

xv

Subscribers will coaler a great favor by giving immediate notice of any error discovered in these Tables*
DESCRIPTION.
For

Miles

of
of
Road. Bonds

explanation of column headings, Ac., see notes
on

lirst page

Date

of tables.

INTEREST OR

Size

or

par

Value.

Amount

Outstanding

Rate per
Cent.

When

DIVIDENDS.

Where

Bonds— Princi¬

pal, When Due.

Whom.

Stocks—Last
Dividend.

London.
Baltimore.

1910
1876-1900

Payable and by

Pay’ble

•

Baltimore A Ohio—(Continued)—
Sterling mortgage, sinking fund
Purchase of Connellsv. RR (payable$40,000y’ly)

421
263

Chicago Branch mortgage, sterling

Northwestern Virginia,'3d mortgage, 1855-85
Baltimore A Potomac—1st mort (tunnel) gold
1st mortgage, gold, (main line)

•

...

.

mortgage, income, main line and tunnel..
Belleville A South. III.—1st M., sink’g fund, guar
Belvidere Del— 2d M. b’ds of 1851 (guar, by C. A A.)
3d mortgage bonds of 1857
(
do
do
)
Consol, mortgaged 187b
Berksh ire—Stock
Boston A Albany—Stock

11887754--65

•

•

•

1

....

2d

Dollar loan
Loan of 1875, coupon or

1874
1875
1377
1855
1871
1871
1875
1866
1854
1857
1876

....

92 4
92*4
56
67
....

21
270
....

registered

....

Boston, Clinton A Fitchburg A■ Yew Bedford—Stock.

29
43
....

1,200,000
600,000
20,129,282
5,000,000
2,000,000
2,570,100
400,000
799,600
870,000

100
100

3,000
1,000

....

..

1,000
1,000
1,000

’01-’74 500 &c.

571,500

100
100
100 Ac.
100 Ac.
500

800,000
1,000,000

....

1858
1873

160
113

....

624^000

1,387,500
3,250,000
200,000
999,500

....

Bonds
New bonds
Boston A Maine—Stock

1872
1876

✓

ii3

Bonds, coupon and registered

Boston A New York Air-Line—1st mortgage
Boston A Providence—Stock
Bonds to purchase branches, coupon or registered

Buff, Brad .A Pitts.— Gen. M.Jincl. 10,000 ae. I’d
Buffalo, New York A Eric—Stock
1st mortgage bonds
New mortgage (for $2,380,000)
Bu ffalo, N. 1. A Philadelphia—1st mort., gold
2d mortgage (for $1,000,000)
Burlington, (J. Rapids A Northern—1st mortgage
Burl.AMo.Itiv.—1st M. on r’dA 400.000 ac’si’d i
Bonds, conv. into C. B. A Q. st’k (3d series). |

...

1875

1,000

500,000

100

4,000,000

1,000

500,000
580,000

«■

100
1857
1876
1871
1873

1876
1863
1868
1869
1869

40
'

1870

ioi

1869
1873
1872
1870
1871
1871
1869
1871

49
105
150
156
139
139
139
60
60

—

2d mortgage, endorsed by Central Pacific

6,921,274
3,100,500

500 Ac.

|^c

....

3d mort., guar, by C. P. ($1,000,000 are 3 p. c.)
Camden A Atlantic—Stock ($838,150 of it pref.)
1st mortgage (extended 20 years in 1873)
2d mortgage
Camden A Burlington (Jo.—1st mortgage
Canada Southern—1st M., gold, s. f., ep. A reg.
Tol.. Can. S. A Dei., 1st mortgage
Carolina Central— 1st mortgage, "gold, coupon
Income bonds, coupon

ioo

....

1873

gold

California Pacific—1st mortgage, gold

750,000

1873-4
52
63

26
142
140
140
121
121
367
2S1

(4th ser.) 3 9
(5th ser.) |
xConvertible bonds, C. B. A Q. st’k (6th ser.) 1 (j
Burl. A Mo. in Neb.—1st M., conv., land gr.. l Coup
Bonds, convertible till Jan., 1882
> may
Omalui & S. W., 1st mortgage, guar
) berg.
Burl. A Southwest.—1st mort., ep., may be reg
Income b’ds, conv. C. B. A Q. st’k
1st mortgage, conv. do. on branch

.

950,000
1,322,000

1,000
1,000

1,058,000

500 Ac.

2,582,000

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

5,712,350
4,638,250
298,500

805,500

1,000
1,000

289,500

280,000
401,000
5,715,000
600,000
1,034,000
20,000 p. nr.
2,500,000

1,000
1,000
1,000

1875

500

1853
1855
1867
1870

1,000

242

500 Ac.

1,000

1873
1874
1871

242

.40
100

1,215,550
490,000
500,000
350,000
9,000,000

1,000

"

Cayuga—1st mortgage, gold

3,500,000
2,250,000
1,600,000
3,000,000

50

60
31
291

Catawissa—Common stock

1,000
1,000

1,500,000
3,000,000

3,000,000
800,000
1,159,500

1,000
50

l'ooo'ooo

New preferred stock.
Old preferred stock
1st mortgage bonds
Chattel mortgage bonds
New mortgage.*!

100
65

Cayuga A Susquehanna—Stock
Cedar Falls A~Minn.— Bonds on 1st div. sink.
Bonds on 2d division, sinking fund
Cedar Rapids A Missouri—Common stock
Preferred stock, 7 per cent.
1st mortgage

100

1872

14

1864
1866

fund..

do
do

61

274
128
70
*

1861
1863
1866

58
146

50

2;2oo;ooo

1,000
1,000
1,000

230,500
209,850

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

1,300;000

589,110
198,000
1,334,000
6,850,400
769,600
700,000

582,000
2,332,000

6 g.
6
5
6
o g.
6 g.
6
8
6
6
rr

1%
4
7
6
6
i

8
6 A 7
3
6

G A 7
3
6
r*

i

6
4

7
3
7
r*

i

91*2
7
7 g.
0 g.
10
5
7
8
8
8

8
8
8
8
8
7
7
7
o
3 A

gg.
g.
6

O

7 £C.
o*

6 g.
7
7

London,
J.
J.
A.
J.
A.
M.
F.
J.

A J. Balt., Mecli’s Nat. Bank
A J. Baltimore or Loudon.
A 0.
do
do
A J.
Baltimore
A O.
N. Y., Russell Sage.

A S.

A A.
A J.

Q.-J.

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

A
A
A
A
A
A
A
A
A

^

342
342
7
ry
t

410
7
ry

4

2-hj
4

J. A J.
A. A O.
J. A J.
A. A O.
A. A 0.
J. A J
M. A N.
J. A J.
F. A A.
M. A N.
J. A J.
J. A J.
F. A A.
J. A D.
J. A D.
J. A J.
J. A J.
J. AD.
A. A O.
J. A J.
A. A O.
J. A J.
J. A J.
J. A J.
J. A J.
J. A D.
M. A N.
A. A 0.
A. A O.
J. A J.
J. A J.
J. A J.

/

7

1, 1915
1, 1896
1885
1887

Treasurer, Trenton N J Jan. 1, 1916
Boston, Kidder, P. A Co July 10,1877

Boston Office.
do

1889
1S93

do

Boston, at Office.
do
do
do

do
do
do

Boston, at Office.
do
do
New York.

Boston, at Office.
do

do

New York, Erie RR.
N. Y., Erie Railway.
do
do
do
do
N. Y., Farm. L. A T. Co.
do
do
New York.
Boston and New York.

Boston, by Treasurer.
Boston and New York.
do
do
do
do
Boston Office.
do
do

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

Jan.
Oct.

1, 1875
1, 1879

April 1, 1892
July 1, 1896
May 15, 1877
Jan. 1, 1893
Aug. 1, 1895
May 15, 1877
July 1, 1893
Jan. 1, 1896
June 11,1877
Dec. 1, 1877
June 1, 1916
July 1, 1896
July 1, 1893
Sept. 1, 1906
Oct. 1, 1893
July 1, 1878
April 1, 1879
July 1, 1894
July 1, 1889
July 1, 1894
Jan. 1, 1883
June 1, 1896
May 1, 1895
Oct. 2, 1901
Oct., 1909
Jan. 1, 1889
1891

July, 1905
Camden, Co.’s Office. Jan. 15, 1877
Phila., Farm. A M. B’k.
Jan., 1893
do
do
Oct,., 1879
Phila. and Mt. Holly.
1897
Jan. 1, 1906
N. Y\, Union Trust Co.

A
A
A
A
A
A
A
A

J.
O.
A.
J.
J.
J. N. Y. Office,
do
O.

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

A
A
A
A
A
A
A
A

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

A
A
A
A

Oct.

do

J.
A.
F.
J.
J.
J.
A.
J.

F.
F.
F.
M.

.Tan.

Philadelphia.

4 Broad st.
do

New York.

D.

A.
A. N.
A.
N.

do

do

Y., Nat’l Park Bank.
do
do

do
do

July 1, 1923
April 1, 1914
1901

Boston, Treasurer.

Q.-F.

1

1885

July 1, 1911
April 1, 1911

N.
Boston Office.
May 15, 1877
A.
Feb. 1, 1892
do
J.
do
July 1, 1895
N.
Boston Office.
J. Boston, Boston N. Bank July 1, 1884
J.
1889 A’90
do
do
O.
do
do
’81,’82, ’83/85
J. Boston, Suffolk N. Bank July, 1881A 94
N.
Boston Olttee.
May 14.1877

Q.-J.

7 g.
7
6
H

M. A N.
J. A J.

May 16, 1877
May 15,1877
Feb. 1, 1882
1888 to ’89
1, 1900

Feb.

July 2, 1877

April 30, 1884
Jan.

2, 1907
Aug. 1, 1877
Aug. 1, 1877
Aug. 1, 1891
Aug. 1, 1894
May, 1916

’

Gross

Net

Earnings.

Stock and

Earnings.
Debt.
1875-6..
$9,632,361
$4,215,554
$47,311,498
10,514,178
4,332,206
47,173.134
1873-4
11,693,955
5,018,060
45,876,927
1872-3
12,252,844
4,934,796
28,567,899
The gross earnings of the main and all leased lines
in
i875-76 were $15,031,235, and net earnings,
$5,421,379, including earnings of Pittsburgh Divi¬
sion for nine months. (V. 23, p. 302, 378, 5 24; V.
24, p. 88, 316, 542, 614; V 25 p. 62, 107.)
'

,..

Baltimore A Potomac.—Tb\$ is the line of the
Penn. Railroad from Baltimore to Washing:on. The
bonds are guaranteed by Penn. RR. and Northern
Cent. Last reports V. 22, p. 588; V. 24. p. 5«3.
Belleville A Southernlllinois.—Leased and operated
by St. L. Alt. & T. II. Co. on a percentage of gross
earnings. Gross earn’gs,’7ti, $246.»>73. (V.24, p.297.)
Belvidere Delaware.—Stock is $995,150. Leased to

IJnitgd Co.’s of N. J., and lease assigned to Penn. RR.
Net earnings go to lessor. In 1876 net earnings of B.
D. were $217,053, against $416,367 in 1874. Floating
debt, $190,576. (V. 20, p. 488.)
Berkshire.—Leased to Housatonic, at 7 per cent
per year on stock.
Boston A Albany.—The Boston & Albany is the
main western trunk line of New England. In past
three years the following has been its exhibit:

1874 5
1873 4

745,000

1,000

1851
'69-’70

Mystic wharf purchase bonds

Cairo A St. Louis—1st mortgage
Cairo A Vincennes— 1st mortgage,

500
500

....

160

Sinking fund bonds
Consolidated mortgage bonds (for $2,000,000)
Boston A Lowell—Stock

140,000
1,500,000
3,000,000
1,133,000
1.100,000
499,500

1,000
1,000
1,000

....

N. Bedford Railroad bonds ($100,000 are 7s)
Boston, Concord A Montreal—Preferred stock
Com. stock (for old dividends & new stock)

960,000
8,000,000

1,000

1871-2
1875

....

mortgage, Agricultural Branch
Mortgage bonds 13(39-70
Equipment notes
1st

$9,576,000

£200

$....

Gross

Net

Earnings.

Earnings.
$.’,391,764

$7,074,758

Total Stock

and Debt.

$27,129,232

7,634,139
2,262,147
26,473,282
8,963.128
2,411,916
25,422,100
(V. 21, p. 464; V. 23, p. 177 ; V. 24. p. 2D.)
Boston, Clinton. Fitchburg A New Bedford.—
This was a consolidation in May, 1876, of the
Boston, Clinton & Fitchburg and the New Bedford
Railroads. (V. 22, p. 471, 521, 544: V. 23, p. 621;
V. 24, p. 134, 518.)
Boston, Concord A Montreal.—Gross earnings for
the year ending with March, 1877, were $649,307;
net earnings, $191,930.
There are also $76,000 old
bonds due in 1865, and $350,000 due in 1875. (V. 2.’,
p. 565; Y. 24, p. 516.)
.

....




Boston A

LoweU.—Operated with the Nashua

Lowell, which receives 31

per

V. 25, p. 16.)

&

cent. (V. 23, p. 600’

Boston <b Maine.—Net income, 1875-6, $846,653,
against $790,753 in ’74-5. Pools earn’gs from compet¬
ing points with East’n. (V.22.p. 280; V. 23, p. 500.)
Boston A N. Y. Air Line.—Foimerly N. Haven
Middletown & Wil. Road cost about $6,000,000,
represented now by $3,000,000 preferred stock and
$1,000,000 common. (V. 22, p. 567; V. 24, p. 5 89.)
Boston & Providence.—The bonds and also $934,000
notes have been issued for purchase of- branch
roads.
Total income, 1875-6, $1,467,759; net, over

operating
23. p.

expenses,

$317,286.

(V. 21,

p.

569; V.

547.)

Buffalo, Bradford A Pittsburgh—Under perpetual

lease to Eiie at $40,6 )0pr year.

Buffalo, New York A Erv-.—Leased to Erie in
years, at 7 per cent on stock and interest
and sinking fund on bonds. The new bonds are to
take up the old, maturing Dec 1877. (V. 23, p. 646;

1863,"for 499

,

V. 24, p. 316; V. 25, p. 16.)

Buffalo, New York A Philadelphia.—This is the
connecting line of the Philadelphia & Erie with
Buffalo. In 1874 the net earnings were $186,813.
Burlington, Cedar Rapids tfc Northern.—Sale in
foreclosure was made Juno 22. 1876, and Co. reor¬
ganized. The stock is for $10,00>,003, of which
$5,208,500 has been issued. (V.22. p. 350, 374. 495,
567: V.23, p. 15, 353, 378; V.24,p. 518; V.25, p. 260.)
Burlington A Missouri River.—An agreement of
consolidation and a perpetual lease to Chicago, Bur.
& Quincy, was made in Oct., 1S?2. In August, 1875.
stock of Chic. Burl. & Q. was issued in place of
stock of this Co. and for convertible bond-. Annual

report V. 20, p. 33 5. (V. 23, p. 139; V. 22, p. 87.)
Burlington A Missouri in Nebraska — The stock is
$8,583,750. A report of company’s operations. Ac.,
io Jan. 1, 3876, ha= not been published, but we
have the earnings in 1875 as $723,843, and expenses,
$351,643. The total land sales up to Jan. 1, 1S76,
amounted to 733,464 acres for $5,335,075, after de¬
ductions for dead contracts. ^V.22,p.471; V. 23,p. 159.)

Burlington A Southwestern.—Defaulted Nov., 1873.

Fort'closure in progress. (V. 21, p. 159, 441.)
Cairo & St. Louis.-'-Defaulted in 1873 by failure
to receive town and county bonds.
(V. 22.* p, 352.)
Cairo & Vincennes.—Defaulted in 1874. In hands
of receiver. (V. 21, p. 63, 302; V. 22, p. 446.)

California Pacific.

-

Gross earnings, ‘76, $1,296,521;

expenses, $1,066,672. Extension bonds of $3,500,000
and incomes of $1,000,000 were in default, and the
new bonds guaranteed bjr Cent. Pacific were issued
in place thereof. (V. 23, p 62; V. 24, p. 274, 4(8, €05.)

Camden & Atlantic.—Net

earnings, 1876, $256,972.

A Burlington Co.—Leased to United
Companies, at 6 per cent on $382,000 stock.
Canada Southern.—Defaulted January, 1874, and
Coupons funded, but interest not paid since. In
Camden

January, 1876, passed into control of Mr. Vander¬
bilt, and by agreement of Sept., 1877, now* bonds,
guaranteed for 20 years by N. Y. Central, for $14,030,0C0, to run 80 years, bearing 3 per cent interest
for 3 years, and 5 per cent for 27 years, are to be
exchanged for old 1st m. bonds at par, and for
branch bonds on a certain scale. (V. 24, p. 542; V.
25, p. 283.)
Carolina Central.—Receiver appointed December,
1876. Passed interest January, 1876. (V. 23 p. G22.)
Cayuga.—The Cayuga Lake road was sold under
second mortgage, and this Co. organized. Mortg.
trustees took possession May, 1877.
(V. 24, p. 494;
V. 25, p. 161.)
Catawissa.—Leased to Phila. & Read., Oct., 1872,
New preferred stock dividend to be 7 per cent
in 1875-6 and afterwa d. (V. 20, p. 381.)
Cayuga A Susquehanna.—Leased in perpetuity to
Dela. Lack. & West. Dividends, 9 per year.
Cedar Falls A Minnesota.—Lowed to Dubuque &
Sioux City, and sublet to Illinois Central at $1,500
per mile yearly, and a per cent of all earnings over

$3,50.) per mile.
Cedar

Rapids A Missouri.— Leased to Chicago &

Northwestern at $700 of first $1,500 gross earnings
per mil.;; one-third of the next $3,000 per mile, and
one-fifth of all above that, (V. 2\ p. 162.)

RAILROAD STOCKS AND

XVI

Subscriber^ will confer

a great favor by

DESCRIPTION.

For explanation of column
on

lirst page

giving Immediate notice of

Miles

headings, Ac.,

see

Date
of
Bonds

of

notes

Road.

of tables.

BONDS.

any error discovered in these

Tables.
lionet s—I'riuoi -

INTEREST OR DIVIDENDS.

Size,

or
par

[September 29, 1877.

Amount

Value.

Outstanding

$100

$7,500,000

1,000

3,222,000

Rate per

When

Cent.

Payable

i

Where payable, and by
Whom.

pal, When Due.
Stocks—Last
Dividend.

i

Central Jl. R. c£ Ban?;, (ia.—Stock
General mort. “tripartite*’ bds ($5,000,000,) coup.
Macon A Western bonds
Central of lowtt—1st mortgage gold, coupon
2d mortgage, gold, $4,000 per mile
Central of New Jersey—Stock

205
015
....

231
231
291

Mortgage bonds

7-1

Bonds (convertible Nov., 1875 to 1877)
Consolidated mortgage (for $25,000,000).
New general mortgage (“ blanket”)
Newark A New York, 1st mortgage

....

97
....

rr

/

Leliigh & Wilkeslmrre Coal Co., 1st mort.

guar—
do
do
Consol in., coup. guar.
Am. Dock A Imp.Co. bonds, guar. Cent.of N. J
Central Ohio—Common stock.
Preferred stock
1st mortgage bonds
.

Central Pacific—Stock
1st mort., gold, (2 sinking funds, $50,000 each)..
Calif’nia State aid, gold (2 s. funds,$50,000 each)

Bonds, formerly conv. into IT. S. bds (s.f.,$35,000)
1st mortgage on San Joaquin Valley Branch, gold
U. S. Loan, (2d lien on certain terms)
Western Pacific, 1st mortgage, gold
do

Government lien

Cal. A Oregon, 1st mortgage, gold (guar’by C.P.).
C. P. bonds, M. on C. A O. Br. ($7,200,000 g.) ..
San Francisco O. A A., 1st mortgage ($1,500,000)
Land bonds

on

11,722,400

....

....

....

137
137
137
1213
742
50
138
140
742
158
123
152
152
20

acres

....

Charlotte Columbia <£ Augusta—1st m. (C. Sc A.)
do
consolidated
2d Mortgage
Ohartiers— 1st mortgage

85
195
195
23

Gherry Valley Shar. <£ Al.— 1st mort., convert
Chesapeake <£• Ohio—stock
1st mortgage sinking fund gold

427
427

21

1st mort. extern (2d on 427 miles) coup, or regd..
Debentures convertible into 2d mortgage
1st mortgage, (Va. Cent. R. R.,) guaranteed by Va.
3d mortgage,
do.
do.
coupon
Income mortgage, (Virginia Central R. R.,) coup.
Funded interest, coupon bonds
Income bonds (for funding)

....

....

1870
1809

500 Ac.

1871

1,000

1,000

1,000

3,000,000

2,437,950

1,000

2,500,000
54,275,500
25,883,000
1,500,000
1,483,000
0,080,000
25,885,000
2,010,000

....

....

1,000

1,000
....

1,000

....

....

1809

1,000

....

1808
1872
1870
1870

1,000
1,000
1,000

....

....

1809
1872
1871
1809

.

.

500,000
500,000

500 Ac.

100 AC.
1,000

300,000
15,898,401
15,000,000

....

....

....

00,000
100,000

902,000
300,000
100,500

....

..

1874

....

100
500 Ac.

......

ioo

....

100

.

1873
1803
1802

1,000
1,000
500 Ac.
100

-

1857
1804
1804
1808
1808
1870

0 g7 g.
7 g0
0
8
8
7
1
0
7
3 k>

5,420,000

1,000

....

...

193,500
1,800,500

1,000
1,000

1809
1872
1872

.

8,704,000

•

1,220,331
2,153,300
787,900
500,000
10,005,300
2,425,400
4,379,850
2,383,000
1,087,000
1,500,000

sinking fund, (trust)
Consolidated mortgage coupon, (for $30,000,000)
1st mortgage,

400

825

Northern Cross R. R. 2d. mortgage, gold
Trust mortgage (Burlington to Peoria)
Plain bonds (coupon or registered).
Bonds of 1875, (sinking fund $13,800 per year)..

1858
1873

100

90

1%

330,000
2,305,000

100

27,598,242

8
7
7
7
7
7
7
4

1,000

2.719,000

8

1,000

10,433,000

504,000
188,000
300,000
2.120,000

Carthage Sc Burlington, 1st mort..'
Hannibal, 1st m...
American Central, 1st mortgage..
Coupon,
Peoria Sc Hannibal, 1st mort
but may be Ottawa, Oswego Sc Fox Riv., 1st m registered.
Illinois Grand Trunk, 1st mort
Quincy Sc Warsaw, 1st mortgage
Keokuk & St. P., 1st M. (Coup.", but may lie reg.)

32
40
51
31
70
44
40
43

Dixon Peoria &

..

Albia Knoxville Sc Des Moines, 1st mortgage
Bonds for St. L. R. I. Sc Chic. (sink. fund)...
Chicago <£ Canada Southern—1st mort., gold
Chicago, Cincinnati <C Louisville— 1st mort

....

73

1872
1875
1809
1809
1808
1808
1870
1870
1870
1809
1875
1870
1872
1807

i

i

Centred Railroad <b

Bank.

roads, and guarantees bonds.

Ga.—Leases

several

In April, 1875 pur¬

chased one-tialf interest in Western Railroad of
Alabama at foreclosure sale.
The “ tripartite”
bonds are issued jointly by this Company, the Macon
Sc West., and Southwestern. Gross earnings year

ending Sept 1, 1*76. £2,6 H.542; net, 5=98:1,541
(V.
21, d. 372, 417; V. 21, p. 304; V. 2:, p. 353,
43 8.)

A
A
A
A
A
A
A
A

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

1,000

007,000
1,918,475
448,000
200,000
503,500
380,000

1,000
1,000

1,079,000

8

900,500
725,0< >0
318,000

8
8
8
8

J.
A.
J.

7
4 g.
7
7
5
8
8
8
8

891,000

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

.

277,000

500 Ac.
1,000
500 Ac.
1.000

1,000
1,000

2,200,000
2,500,000

500 Ac.

1,000,000

A.

5

A.
A.

7 g.
7

J.

1
13

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

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

...

A
A
A
A
A
A
A

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

N. Y., Fisk A Hatch.
do
do
do
do
N. Y., Am. Exch. Bk.
do
do
do
do
do
do

J.
Boston.
J.
do
N.
Philadelphia.
S. N.Y.,M.K.Jcsup,P. A Co.
S.
do
do
J. Lond’n.J.S. Morgan ACo.
J. N. Y.,M.K.Jesup,P. A Co.
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

0 g.
7
7

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

....

.

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

3k>

700.000

825

1890
*

Nov., 1902
July 1, 1899
,

S. N. Y., Bk. of Commerce.
J.
do
do
J.
Boston office.
J.
Frankfort.
O. N.Y., N. Bk. of Com’rce.
,T.
Boston. Co.’s office.
D.
Boston, Co.’s Office.
N. N.Y.,N. Bk. of Com’rce.
J.
do
do
J.
do
do
J. N.Y.,N.B’k of Comm’rce
J. ! New York and Boston.
O.
Boston.
J. ! New York and Boston.
O.
Boston.
,T. !
().
Boston.
A O. ! N. Y., Union Trust Co.
A J. N. Y., Farm. L. A T. Co.

1880
1887

Feb.
June

1, 1899
1, 1900

July 31, 1877
July 31, 1877
Sept., 1890
April, 1877
1S95 to ’98

July 1, 1884
Jail.

1, 1883

Oet. 1, 1900
1895 to ’99

July 1, 1899
1899

....

500.000

1,000

....

21 io
049
049
322
220
220
38
38
150
37
37
150
101

1,970,000
0,000,000
2,000,000

....

....

04

411,550

100

....

18G5-8
1804
1802
1870

1,080,000
11,500,000

50
50

-

June, 1874
1, 1893
Oct., 1880
July 15,1899
April 15, 1901
April 10, 1876
Jan.

....

000,000

1,000

....

....

3,278,000

....

....

j

15,000,000

500 Ac.
£200

....

3,700,000
925,000
20,000,000
5,000,000
4,400,000

1,000
1,000

....

....

.

100

1809
1872
1874
1870
1807
1874
1875

4
J. A D.
Savannah, Ga.
7
J. A J. New York A Savannah.
7
A. A O.
Savannah, Ga.
7 g. > J. A J.
New York, Office.
7 g. A. A 0.
do
do
2io
1 Q.-J.
New York, at office.
7
F. A A.
do
do
7
M. A N.
do
do
7
do
do
Q.-J.
do
do
7
J. A J.
do
do
0 g- M. A N.
London.
7
Q.-M. N.Y.—Cent. RR. of N. J.
7
J. A J.
do
do
1
J. A I). Balt., at B. A 0. office.
3
J. A D.
do
do
0
M. A S. Balt., West. Natl. Bank.
4 g. A. A O. N. Y. A San Francisco,
0 g. J. A J.
N. Y., Fisk A Hatch.
7 g. J. A J. Sacram’o State Treas.
7 g. J. A J.
N. Y„ E. Kelly A Co.
6 g. A. A O.
N. Y., Fisk A Hatch.
0
J. A J.
U. S. Treasury.
<> g- J. A J
N. Y„ Fisk A Hatch.
0
U. S. Treasury.
o g. J. A J.
N. Y„ Fisk A Hatch.
0 g. J. A J.
do
do
8
J. A J.
do
do
0 g. A. A 0.
do
do
7
J. A J. N.Y.,M.K.Jesup,P.ACo,
7
J. A J.
do
do
7
7
A. A O. Philadelphia, Penn R.IL
7
J. AD. N. Y., Metropolitan Bk.

117,000

....

....

....

Cheshire—Stock, preferred.
Bonds, not mortgage
Chester Valley— 1st mortgage
Chicago <£ A Iton—Common stock
Preferred st’ek (7 p. c. y’rly not cumulative)
General mortgage^ sterling, for £000,000
1st mortgage
Income bonds (a 1st lien on income)
Joliet A Chicago, 7 per cent, stock
do
do
1st mortgage, sinking fund
St. Louis Jack. Sc Ch., 1st mortgage
do
do
1st mort. guar, by C. Sc A....
do
do
2d mort. guar, by C. Sc A...
do
do
2d mortgage
Louisiana Sc Missouri, 1st mortgage
Chicago A III. Riv., 1st mortgage, guaranteed
Chicago, Burlington d- Quincy —Stock.
...

1872

Jan.
Jan.

1, 1888
1, 1892
July 1, 1S90
Oct. 1, 1890
1890
1895
Oct.

1, 1901

Dec.

15, 1899

Nov.. 1899

July 1, 1902
July 1.’77 to ’92
'

1880
18 >34
1870
1877
1893

Jan. 15, 1377
1880 A 1896

May, 1872
Sept. 4, 1877

Sept. 4, 1877
July 1, 1903
Jan,, 1893
Jan., 1883
Oct., 1877
July, 1882
April. 1894
April 1,1894
July, 1898
July, 1898
Aug., 1900
Sept. 15,1877
Jan. 1, 1883
July 1, 1903
July 1, 1890
Oct. 1, 1890
Jan. 1, 1896
June 1, 1S95

May,
July,
July,
July,
July,
Oct.,
July,
April,

1879
1889
1878
1878
1900
1890
1890

1879

Oct. 1, 1901
April 1, 1902
Jam, 1887

.

for 2) years, rent 35 per cent of gross receipts for 5
years, and 40 after.
Pays 6 per cent dividends.

Chester

Valley.—In hands of trustees and leased
Philadelphia A Reading. Coupons due I860, paid
May, lo76.
to

Central Pacific.--In 1876 a put of the Southern
Pacific tine* ‘was leased.
An
abstract of the
annual report for 1876. including the land agent’s

report, also gross and net

Chicago eb Alt n —The report for 1876 is given at
length in V.24, p. 224. and shows gross earnings of
$4,966,528, and net earnings of $2,691,061 against
$2,604, ’ 25 in 1875. Joliet & Chicago RR. is leased for
interest on stock and bonds.
St. L., Jack. A Chic.
Railroad leased at $240,000 per year. Louisiana &
Mo. RR. built and operated under contract. (See V.

earnings to June 30, 1877,

niven in the'CHRONicLE, V. 25, p. 200.
Gross
earnings, 1876, $18,146,944, currency: expenses.
was

$8,73-2,074; net earnings, S9.414,-60.
The policy of
making 8 per cent dividends yearly was declared
j in 1875? Trustees of land mortgage purchased 564
23, p. 159, 427; V. 24, p. 13 5 561; V. 2\ p. 12, 237.) of the land grant, bonds in July. 1 -70. and in duly,
1877, had a ca^h bal-«n:c of $331,066 coin applicable
Central of New Jersey.—A report, in brief, f »r ISTo, io pnreha-e of bonds. (V. 2-3, p. 86. ‘,07, 379, 4 20;
|
gave gross earnings of $6,946,000; net, $3 262,000.
*j V. 24, p. Ill, 157; V. 25, p. 2oO 2.6.;
In September, is,6, a statement was issued (see
Charlotte, Columbia & Auejusta—Stock is $2,579,V. 23, p. 278) giving general financial condition, Ac
COO. Net earnings in the year ending September :-:0,
in reference to new “blanket” mortgage; and
1876, $203,327, against $23<',034 the previoxs year.
finally the statement of President and investigat¬
Floating debt retired Mav, 1876. (V. 21, p. 590; V.
ing committee in Feb., 1877, (V. 24, p. 135, 156); and 22,
p. 1 J4, 471; V. 24, p. 02.)
repor; of Committee con-ol. mortgage bondhold¬
ers.
V. *4. p. 494.
A full report on Lelrgh &
Charters.—Leased to Pitts. Cin. & St. Louis, and
Wilkesbarre Coal Co. is given in V. 25, p. 63.
operated by Penn, Co. Net earnings go to lessor—
The Cent, of N. J. also assumes $2,3!0,< 00 of Lehigh in
1876, $44,281. (V. 22, p. 519; V. 21, p. 419.)
Coal & Navigation Company’s debt and $2t 5,793
of the Railroad Car Trust Company. The Ameri¬
Cherry V-Uey, Shar. A Al.—Transferred to Dela¬
can Dock & Iinpr. Co. has made a
mortgage for ware & Hudson Canal Co., April, 1S75. Intereri
$4,000.00'.) to cover its bond-* ai d other debts. The
following table shows the receip s, expenses and net unpaid in December, 1875. (V. 2), p. 404.)
earnings, including Leliigh & Susquehanna Division:
Chesapeake & Ohio.—After the panic of 18:3, deReceipts.
Expenses. Net earn’gs. fanli was made on interest.'Net earnings in ’875 76
1812.,
Receiver appointed October, 1875, and
$7,120,718
$4,23'i,806
$2,8-3,012 $356,476.
1873..
8,881.366
4,215.584
4,665.732 foreclosure proceedings are in progress for the
1874
A very complete
8.5-9,631
4,140,601
4,440,0 0 purposes of rc-orgairization.
statement of outstanding liabilities and the
1875.,
7.411.637
4,128.7,7
plan
3,28 MM 0
of
1S76
re-organization were given in V. 21, p. 569. De¬
6,946,030
3,684,010
3,262,000
cree of foreclosure was rendered in Match. 1877.
(V. 22, p. 320, 613; V. 22, p. 62, S29, 353, 525, 615;
(V. 22, o. 42. 87. 134.
375,
Central of Inca.—Sold in foreclosure, July 18,
1877, uud r l?t mor gage. (V. 22, p. 110, 4‘)5; V.

19. p.

479: V. 20, p. 129.) The Chicago A Illinois
River bonds had not been sold to January, 1876,
and there was some litigation.
(V. 21, p. 1W>, 612;
V. 22, p.255; V. 53, p. 478; V. 24, p. 224, 420,

,

495.)

Chicago Burlington <b (brine?/.—Purchased in Oct.,

.

1876, St! L. Rock Is. A Chic, road, for $1,570,000 in

Gross earnings for 1876 were, $12,057,794; ex¬
$6,8 8,5 5; net earnings, $5,189,249; interest
charge. $1,9)1,956. The C; B. Sc Q. leases numerous
branch roads, giving them a trafiic guarantee (usually
40 or 50 p. ct. j for purchasing their bonds. Enough

gold.

penses,

is reserved to take up
debts.
In August, 1875, stock of thm
Company was issued in exchange for Burlington A
of the consolidated moitgnge

prior

Missouri River Railroad stock, and the same is alsa
given for the convertible bonds of Burlington «
The bonds of 1876, for
Missouri River Railroad.

purchase of St. Louis Rock I si. Sc C. Railroad, are
plain bonds of Chicago Burlington Sc 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. 22. p. 231: V. ~o,
p. 63, V55, 4<K 426, 499, 525, 598; V.24, p. 63, 111,
202, 274; V. 25, p. 138.)

.

V.

21.

63, 111, 1:35, 156. 2C4. 226. 249, 274, 275,
299, 396, 420, 445, 494, 5 1 7 590, 604; V. 25, p. 63.)
p.

296,

p. Ill,

,

Central Ohio.—Leased




to

Balt. & Ohio RR. in 1866

525; V. 24,

p.

392. 589; V.

Cheshire.—Net income. 1875-76, $124,841.
p.

Chicago <£ Canada Southern.—Connection of CanInterest not paid. (V. 25, p. 261.X

23,

ada
,a Southern.

62, 299, 320; V. 25, p. 156.)

590; V. 23, p. 548.)

(V. 21,

!

Chicago. Cincinnati & Louisville.—No informa*

tion furnished.

September

great favor

Subscribers will confer a

explanation of column headings, &c., see notes
on first page of tables.

Chic.. Clin. (£•

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

Miles
of
Road
60
108
21

Dub.—1st mort., coup,, rcgis’ble

Oliic., Danv. ct Vin — 1st mort., gold, sink’g f’d
Indiana extern, 1st mort., gold (2d mort on lT4m)

1871
1869
1872
1871
1871

131

Chicago; Dubuque dt Minnesota—1st mort
Chicago ct Iowa—1st mort., coup., may bo reg

Chicago, Iowa ct Nebraska—Stock
2d mortgage (now 1st)
3d
do
(now 2d)
Chicago (0 Lake Huron—(See Pf. Huron
Chic. ct Mich. L. Shore—l st mort
;

Date
of
Bonds

80
82
82
82

A L. M. and

....

1860
1863

1869
1870
1871
1872

195
Coupon,
195
but
195
may be
52
branch
i registered.
1,399
Chicago, Milwaukee ct St. Paul- -Com. stock...
1,399
Preferred st’ek (7 p. c. y’rly, not cumulative).
Consolidated mortgage (for $35,000,000)....
370
1st mortgage (Lacrosse Div.)

....

....

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

....

2d mortgage
1st mortgage
1st mortgage
1st
1st
2d

370
220
49

—

(Iowa A Minnesota)
(Minnesota Central)
mortgage (Iowa A Dakota)
mortgage (Prairie du Cliien)
mortgage (Prairie du Cliien)

s

g

Milwaukee A Western
8t. P. & Chic. 1st M. (Riv. Div.) $ A £(eouv.)

X.

>>

fz

H

r

z

*

,

....

235
235
....

130
75
85

Hastings & Dakota
Chicago A Mil. line
Equip. A bridge bonds (may be paid in 1878)

1st mortgage,
1st mortgage,

r-.

£•

-

....

197

1,459
1,459

Chicago ct Northwestern—Common stock
Preferred st’ek (7 p. e. y’rly, not cumulative).

Bonds, pref. (sink’g fund), 1st mort., Chic, to Osh.
Interest bonds, funded, coup., 2d m., Chic, to Osh.
1st mort., general, 3d mort., Cliie. to Oshkosh
Appleton exten., 1st mort. on 23 miles and land..
Green Bay exten., 1st mort. on 20 miles and land
1st mort., Galena A Chicago Un. HR. extended...
Mississippi River Bridge b’ds, lieu on net earnings

193
193
193
23
26

1859
1862
1859
....

1862
1853

248
....

....

74
46
779
126
85
120

1863
1863
1865
1871

Ebon A State Line Railroad bonds

1st mort. (Peninsular RR.) on roads and lands...
1st mortgage (Beloit A Madison Railroad)...

Consol, sink’g f’d M.f (all above convert, into this)
Madison extension, 1st mort., sinking fund, gold.

Chicago A Milwaukee, 1st mortgage, 2d lien.
Menominee extension, 1st mortgage, gold
Gen, eons, mort., gold, coup, or reg. ($48,000,000) L,058
137
Winona & St. Peter, 1st mort., guar by Cliic.ANW.
137
2d mort.,
do
do
do
175
do
1st M. exten, gld, land gr., S. f.
28
La Crosse, Tremp. A P. 1st mort,, guar. C. A N.W.
75
Iowa Midland, 1st mort., gnar. by Chic. A N. W..
62
Northwestern Union, 1st mortgage, gold
156
Chicago it Paducah—1st mortgage
70
Chicago, Pekin ct Southwestern—ist mortgage..
(54
2d mortgage
...

1st mortgage, sinking fund (called in.)
Branch bonds (sinking fund $40,000 from 1877 ).
1st mortgage (for$12,500,000) coup, or reg..
...

Chcc.it S’western—lQt'Sl.s. (gu’r in cur. byC.R.I.AP.)
Atcli. Branch, 1st M., gold, not guar
....

Cincinnati, Hamilton <t Dayton—Stock
1st mortgage of 1853

2d
1865
do
Consol, mort. (for $3,000,000), sink, fund 1 i> c..
Cin. Ham. A T, (Junction) RR., 1st mort., guar...
Cincinnati, Lafagettect Chicago—1st mort., goid
—

Consolidated mortgage
Cincinnati ct Muskingum Valley—1st mortgage...
Cin., Richmond it Chic — 1st mort., guar. C. II. AD.
2d mortgage, guar, and owned by C. H. A D.

Cin., Richmond dt Ft. IF.—1st mort., gold, guar.
Cincinnati, Sandusky dt Cleveland—Stock
Preferred stock

Mortgage bonds, Sanduskv, Davton A Cincinnati
do
Sanduskv eitv Sc Ind
do
Cincinnati. Sanduskv Sc Cleve...
Cincinnati ct Springfield—1 at mortgage, guar..
2d

mortgage

cent

Chicaao, DanvVle & Vincennes.—There was also a
for $1,000,(’00 and a chattel mortgage of
$ 1,009,000, most of which are pledged. Foreclosure
sale took place Feb. 7 and 8, 1877, and both Divis¬
ions were le organized as “Chic. & Eastern Ill.”
HR. (V. 21. p. Ill, 1&9, 25", 547, 508; V. 24, p. 157,
346, 369, 420. £61; Y. 25, p 40.)
Chicago, Dubuque & Minnesota — Defaulted De¬
cember, ls73, same as Chicago Clinton & Dubuque,
see

traffic guarantee of Chic..
for purchase of
bonds. Foreclosure pending under a second mort¬
gage for SI,150,COO. (Y. 22, p. 87; V 25, r. 138.)
Chicago, l>wa & Nebraska.—Leased in perpetuity
to Chic.’ & Northw., at 37# per ct. of gross receipts.
Chicago & Michigan Lake Shore—-The first mort¬
gages, main line, have traffic agreement from Michi¬
gan Central. In default for interest since July, 1?73.
except on first bonds $477,000. Receiver appointed
Nov., 1876. (V. 23, p. 547; V. 24, p. 493.)
Chicago. Milwaukee & St. Paul.—The earnings
were reduced in 1874 and 1875 by the lower freight
rates imposed by the Wisconsin 'railroad law.
The
law was modified, and with April, 1876. higher rates
again took effect. Annual report for 1876, Y. 24. p.
395. The following is a comparison for thr.-e years
of operations, and financial condition at the close of
Chicago
Burlington & Quincy 40

per cent

1876.
1,399

1875.
1,399

$27,673,744
30,010,500
Earnings.
8,054,171
Op. expenses.
4,953.321

$27,673,744
27,129,(0 )
8,255,743
5,170,354
3,085,389

year:

1874.

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

500 Ac.

j

Amount

Outstanding

Rate pei
Cent.

$1,500,000
2,500,000
1,500,000
4,,425000
1,750,000

3,838,200
568,200
211,500

I




...

Where

J.
A.
A.
J.
J.
J.
J.
F.

A D Bost., C., B. A Q. Office. I June 1, 1896 A O New York, Co.’s Office.
April, 1909
A O
do
do
April, 1912
A D Bost., C., B. A Q. Office. June 1, 1896:
A J. New York and Boston. July 1, 1901
A J. Boston, by Treasurer.
July 2, 1877
A J. Boston, Merchants’ B.k. July 1, 1888
A A. New York, Park Bank. Aug. 15, 1892

636
270
30
60
60
60
60
98
75
75
148
36
36
90
171
171

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

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

1,000
1,000

190,000

748,000
3,674,000
1,315,000
234,000
4,000,000
234,000
2,500,000
219,000

3,500,000
15,103,145
21,696,334

8
8
8
8
7 s.
3V>
7
7
7
7
7
7
8
7-3
7
7 g.
7
7
10
7

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

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

729,600
3,539,400
139,000
251,000
1,691,000
181,000
119,500

1,000
1,000
1,000

271,000

500 Ac.
1.000
500 Ac.
500 Ac.

1,000
1.000
100 Ac.

1,000
1,000
500 Ac.

1,000

285,000

4,455,000
3,150,000
1,700,000
2,700,000
11,343,000
2,750,000
1,650,000
4,375,000
1,000,000
1,350,000
3,500,000
2,808,000

1,000

700,000
300,000

100

24,999,700

1.000

1,000
1,000
1,000Ae

1853
1865
1875
1873
1871
1874
1870
1866
1869
1871

1,000
1,000
1,000

100 Ac,

1,000
100

1,000

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

1,000
50
50

724,000

4,005,750
429,037

1,600

1872

1,000

1,072,300
2,000,000
651,000

g.

g.

i

494,000

65,000
1,800,000

g.
g.

r*

1,500,000
1,846,000
1,120,000
1,500,000
560,000

g.

7
6
6
7 g.
7 g.
4 “

1,246,000

■

7
7
7
7 g.
7 g.
7
7
7
7 g.
10s.
3
6

7
7
7
7

since

in bonds,

1876-77...
1875-76
1874-75
1873-74

.

....

1872-73
1971-72...

..

.

$6,517,680

12.773,7 il
12,707,724
14,410,124

7,408,957
7,984,694
9,334,459

$5,v29,8l9

12,736,697

8,178,‘237

4,50*,370

$11,877,503

5,304.8)3
4,723,'31
5,075,673

6,810,024
4,592,135
The trust deed of the gold loan provides contin¬
gently for a possible issue of $4-,000,000, by ulti¬
mately

.

11,402,161

absorbing all other bonds, including those of
roads, together aggregating $35,349,000,

proprietary

S.
J.
N.
S.
,T.
O.
J.
J.
O.
J.
J.
J.
A.
A.
J.
J.
J.
J.
D.
A.
D.
D.
A.
N.
A.
A.
A.
A.
J.
J.
S.
J.

Q.-F.

O

3,298,000
1,000,000
5,700,000
5,000,000
1,000,000
3,500,000

771,000
350,000

1866
1852
1867
1871

.

7
7
7
7
7
7
7
6
7
7
7
7
7
7
7
7
7
7
10
8
7
7
8
8

A

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

3/>
3*2

1,236,500

500 Ac.

1866
1875
1877
1869
1871

80
48

477,000

3,523,000
1,350,000
1,280,000
15,399,261
12,274,483
5,710,000
6,600,000
675,000
3,810,000

1,399 which amount is reserved from the $48,000,000. Div¬
$27/73,744 idends have been paid—Dec., 1876, 3y2 on preferred;
27,119,610 July, 1813,3# on pref.; Dec . 1872,3Jrf on both; June,
8,953,017 1872, 3>£ on pref.: Dec.. 1871, 3# on pref.; June,
5,871,116 1871, 5 on both; Dec., 1870, 5 on both; June, 1870, 2
Net earnings.
3,100/47
3,081,900 on pr.f.; Dec , 1869, 5 on pref., 4 on common; June,
Of consol, bonds of 1875 enough are reserved to 1869, 5 on both: Dec., 18* 8. 5 cn both. (V. 23, p. Ill,
take uo old debt.
The dividend on preferred 493; V. 24, p. 29, 204, 494; V. 25, p. 160.)
stock, March, 1874, was paid in consol, bonds
Chicago & Paducah.—Completed in July, 1874.
and the same April, 1876, and about $1,000,0J0 were Newline proposed Oct., 18.6.
(V. 23, p. 427.)
Miles
Stock
Debt

When

Payable

Bonds—Princi-

ipal, when Due^
Payable, and by j Stocks—Vast
A\hom.
j
Dividend.

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

1869—on pref. stock—in 1876 14 per
and 3*4 per cent in cash; in 1874 7
in bonds, 1873\7 cash, 1372 7, 1871 7, 1870 7 and 3
scrip; on common stock m 1871 7 scrip, 1870 3 cash
and 7 scrip. (V. 22, p. 28), 4 21, 567; V. 23, p. Ill;
V. 24, p. 105, 111, 395; V. 25. p. 138.)
Chicago & Northwest.—The. fiscal year ends with
May. The last annual report will be found in the
Chronicle. V. 25, p. 169.
The net surplus of the
year on the Chic. & Northwest, lines proper, after
paying interest, was $1,835,0)8, and on the whole
system, including proprietary roads, $1,07-’,226.
The net deficit on proprietary roads was $754,791.
including the interest on their bonds. Lands of
the company are 2,153,074 acres unsold.
Operations
for calendar ye*r 1876 in Chronicle, V. 21, p. 494,
net profits on all lines, above interest and rental-,
being $1,317,493. Operations of the C. & N. W.
proper, for six years, compare as follows:
Gross
Expenses
Net
and taxes.
earnings.
earnings.
paid

2d mortgage

references.
& low /.--Has a

Value.

issued June, 1876, for steel rails, La Crosse Bridge,
See statements V.-22. p.
and Milwaukee Elevator.
280, and V. 23, p. 111.
Dividends have been

Chicago, Clinton, & Dubuque.—1\\\% road defaulted

in 1873. It was built by construction companies in
which certain directors of C. B. A Q. were stock¬
holders. (V.23, p. *332,499; V. *24, p. 39, t)3,13',181, 443;
V. 25. p. 1S6, 283.)

for which

1871
1872
1870-1
1871-1
1871
1870
1870
1872
1873
1871
1871

674

Chicago, itock Island & Pacific—Stock

.

or
Pur

Peniu sular.)

i
f

1st mortgage
1st mortgage
1st mortgage, on

Size,

1

INTEREST OR DIVIDENDS.

i

DESCRIPTION.
For

xvii

RAILROAD STOCKS AND BONDS.

29, 18??.]

‘

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

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

O.
J.
I).
D.
J.
N.

do
do
do
do
do
do
New Y"ork, Office.
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
New York, Office.
London and New York.
New York, Office.
do
do
New Y'ork, Office.
N. Y., Mil. St. Paul RR.
New York, Co ’s Office
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do

D.
O.
A.
O.
M.
S.
J.
J.
F.
A. N. Y., Farm. L. A T. Co.
A.
O.
Q.-F. New York, Co. ’s Office.
do
do
J. A J.
do
do
F. A A.
do
do
J. A J.
M. A N. N.Y., Chic. R. I.AP.RR.
J. A I).
A. A O. N. Y., Winslow L. A Co.
do
do
M. A N.
do
do
J. A J.
do
do
A. A O.
do
do
J. A J.|
M. A S.l N.Y., J.S.Kennedy A Co.
do
do
T. A J,(
J. A J.! New York, Moran Bros.
J. A J. N. Yr., Winslow L. A Co.
do
do
T. A J.
J. A D. N. Y., Winslow, L. A Co.

Boston, Office.

....

M.
F.
M.
I.
A.
J.

Sept. 1889
July, 1890
Nov., 1891
Sept. 1, 1892
Jan., 1871
Oct, 16, 1877

Bost., Treasurer’s office.

do
do
A N.
do
do
A A.
do
do
A S.
A D. NT. Y., Union Trust Co.
N. Y., U. S. Trust Co.
A ().
do
do
A J.

July 1, 1905
1893
1884
1897
1894
1899
1898
1898
1891

Jan., 1902
1902
1903
June 1, 1883
Feb. 1896
Dee. 28, 1872
Dec. 22,1876

Aug. 1, 1885

May, 1883
Aug. 1, 1885
Aug. 1, 1885
Aug. 1, 1885
1882
1, 1884
July 1, 1878
Jan.

Sept. 1, 1898
Jan., 1888
1, 1915

Feb.

April, 1911
July 1, 1898
June 1, 1911
Dee, 1, 1902
Jan. 1, 1887
Nov. 1,
Dee. 1,

1907
1916

April 1, 1878
Oct.,
June 1,

1900
1915

July 1, 1903
Aug. 1, 1901

1891
Nov. 1, 1877
1896

Aug. 1, 1895
July 1, 1917
Nov., 1890

April, 1873
May 1, 1880
July 20, 1885
Oct,, 1905
Jan.,

1903

Meh. 1901
Nov. 1, 1914

Jan., 1901

July, 1895
Jan. 1, 1889
June, 1921
1872

June, 1877
Aug. 1, I960

Sept, 1, 1877
1, 1890

Dee,

April 1, 1901
1902

& Southwestern.—Receiver ap¬
’.877. (V. 25, p. 16.)
Chicago Pock Isl'd & Pacific.—The mortg. of 1917
covers /ill the road and equipment and takes up all
the prior b’ds. In 1876-7 gross receipts were $6/02,250; net receipts, $3,369,056; dividend payments (10
p. c.) $2,097,980; interest. Ac., $815,090; surplus for
the year, $456,076; loss on Chic. & Soutliw. RR. guar¬
antee, $400,108. (V. 23, p. J 3, v54, 303, 3Vi, 450, 499,
538; V. 24, p. 181.204, 396,403. 542, 6 I 4 ; V.25, p. 15,
Chicago, Pekin

pointed

2.0.)

-une,

.

Chicago & Southivesfern.—This Company’s first
mort is gnar. by Chic. R.
closed and sold the road.
branch is in progrv ss. (V.

I. & Pacific, which fore¬
Foreclosure

on

Atchison

24, p. 396: V. 25,p. 15,186.)
Cincinnati, Hamilton die, Dayton.—See report in V.
24, p. 563, showing net deficit of $187,177, after pay¬
ment of interest.
(V. 20, p. 357: V. 21. p. 62; V. 22,
p. 289; V. 23, p. 39: V. 24, p. 563; V. 25, p. 186.)
Cincinnati, Lafayette & Chicago.—Lafayette. Ind.,
to Kankakee, 111.
Gross earnings in 1875, $400,051,
net. $178,903.
(V. 20. p. 568.)
Cincinnati & Muskingum Valley. - Is leased for 99
years from 1873 to Pittsb., Cin. A St. Louis for net
earnings, but bonded interest is guaranteed. Deficit
earnings, 1876, $7,384—total loss to lessee
$i 42.384. (V. 22. p. 5 19, 614.)
Cincinnati, Richmond & Chicago.--Leased to Cin.,
Ham. A Dayton, which owns most of the stock. Net
income above interest, 1875-6. $8,229. (V. 21, p. 62.)
Cincinnati, Richmond & Fort Wayne.—Leased to
Grand Rapids for 99 years. Interest guaranteed by
Gr. Ran., Cin. Ham. A Davton, and by Pennsylvania
Co. (V.i2, p 532; V. £4, p. 5 «:■*.)
Cincinnati, Sandusky dc, Cleveland.—In the year
ending June 30, ls76, gross earnings were $863,u76;
in net"

expenses,

$576,907: net earnings. $286,169,

$10,352 balance, after paying

leaving

rentals, interest, Ac.

Difficulties about receiver in 1877. (V. 23, p. 450;
V. 24. p. 321,346, 363, 396, 420. 443, 468, 564.)
Cincinnati & Spnngfield.—Leased in perpetuity
to Clev. Col. C. A I., with guarantee of interest:
on first mortgage half of interest is also

by Lake Sh. & M.

S.

(V. 23, p. 232 )

guaranteed

RAILROAD STOCKS AND BONDS.

2V111

Subscribers will confer

a

great tavor by givlug immediate uotlce of auy error discovered la these Tables.

DESCRIPTION.
For

explanation of column headings, &c., see notes
on lirst page of tables.

Miles
Date
of
of
Road. Bonds

Cin., IVub. d Mich—1st mortgage
Cleveland, Columbus, Cincinnati d1nil.—Stock..
1st mortgage (C.f C. & C. RR.) $25,000 a year—

81
471
138

..

do
'
(Bel. & Ind.) exeli. for new mort...
do
C., C., C. it I. sinking fund
Consol. M. for $7,500,000 (sink, fund 1 per ct.) ..

1871
1800
1804
1809

202

390
390

1874

Cleveland d

Mahoning Valley—Stock
mortgage, extended

1st
New bonds,
Niles it New Lisbon, 1st mortgage
Cleveland, Jit. Vernon & Del.—1st mortgage,
1st mortgage, Columbus Extension
Income mort gage
Cleveland d J'ittsburyh—Guaranteed stock
4th mortgage (now 1st)

”67

1873
1870
1870
1870
1871
1875

07
35
145

gold—

'

Wheeling—1st

Colorado Central— 1st mortgage,

'

Massawippi st’k.

guar, same div. as Conn, it Pass.
do
bonds, guar, by Conn. & Pass
Connecticut Central—1st mortgage for $400,000...
Connecticut River—Stock
1st mortgage (sinking fund now $148,931)

33
’

50
50
44
08

Connecticut Valley—1st mortgage

Connecting (Phila.)—1st mortgage
Cumberland d I’ennsylrania—1st mortgage

38
38
82
52
52

2d mortgage, sinking fund, (guaranteed)
Cumberland Valley—Stock ($484,900 preferred)...

fund guaranteed

Mortgage bonds." convertible, guar. P. W. & B

320.)

Cleveland <f: Mahoning Val'ey.--Is leased to At¬
lantic & Great Western, and interest on bonds is
paid. (V. 20, p. 85, 139; V. 23, p. 232, 403.)

Cleveland, Mount Vernon & Delaware.—Defaulted
July, 1874, and made compromise by which all the
coupons due July, is74.’and one-half of coupons
from January 1. 1875, to and including July 1, 1877,
are to he postponed to Jan. 1: 18S5. and the remain¬
ing half to he paid as they mature. Gross earnings
1876, $373,582: expenses, $310,050; net, $63,532.
(V. *2, p. 350; V. 21, p. 248.)
Cleveland cf* Pittsburgh--Leased, to Pennsylvania
Railroad at 7 per cent‘on stock, besides
expenses
and interest, and transferred to Pennsylvania Co.

63.

Cleveland, Tuscarawas Valley i£ Wheeling.—'This
road was sold under a 2d mortgage. Jan. 27,1875, and
re organized.
(V. 20, p. 6 , UO, 338; V. 21, p. 332;
V. 24, p. 5* 3.)
Caleb, ookdale.—Leased to Philadelphia & Read¬
ing. No dividends paid on stock.
Colorado Central.—Built mainly by Union Pacific,
which holds the bonds. *5,270,593 in all.
(V. 21, p.
85; V. 22, p. 61, 567, 614; V. 23, p. 183.)
~

Colimbus & Hocking Va'ley.—Gross earnings,
18"6. 1841.139; net, $386,834, against $338,376 in 1875.
(V. 22, p 350: V. 24, p. 395; V. 25. p. 90.)

Co'umbus, Chicago d L-diana Central—On Jan.
82, 1889, it was leased by the Pittsburgh Cin. & St.
Louis, guaranteed by Pennsylvania Railroad. An

1,000
1,000

700,000

13,938,972
10,428.000
451,000

1,000

2,032,000
775,000
531.500
313,000
217,750
821.000

1857

500 itc

000,500
341,400

3,092,000
3,847,000
1871

1,000,000
1,780,200
302,000

1,000
50

1,000

1873
1871

50
100
100
100 &c.
100 <tc.
100

1809
1875

1,000

1858
1871
1870

500 ike.

1800
1808

1,000

1,500,000
350,000

2.175.500
1.180.500
123,000
400,000
400,000
210,000
2,100,000
250,000
1,000,000
3,000,000
990,000

-

Too
1,000
500 itc.

803.500
594.000

1,000
50
500 ike.
500 itc.
100 itc.
50
100 itc.
200 itc.

1,777,850
101,000

109.500
81,800
000,000
500,000
1,400,000
2,000,000

1,000

1,000

1,700,000
2,395,350

50
50

1.280,100

1,870.000
420,000
350,000
105.500
014,000

"

Delaware Railroad—Stock...
Extension mortgage




1,000
500 itc,

1850
1,000
1807
1,000
1809
1,000
01&04 500 ite.
36
1805
1,000
llO1^
50
13
1859
ll()ig 1875
1,000
27
1875
100
1809
1,000

$353,940) 1st and 2d mortgage
Dayton d Western—1st M., guar. L. M. it C. iv X.

Cleveland, Columbus, Cincinnati & Indianan.—"Set
earnings in 1876, $702,017, against $884,021 in 1S75.
(V. 22,p. 257,303; V.
232; V. 21, p. 219,

500,000
1,350,000
950,000
609,000
11,243,730
1,104,844
2,700.000
1,330,000
2,180,000
584,000
1,272,000
1,921,000
1,500,000
300,000

1,000

142
142
142

2d mortgage
3d mortgage
Toledo depot (cost

Cincinnati, Wabash & Michigan.—Paid interest
January, 187t», to bondholdersnot consenting to pass,
and allow funds to be used for completion of road.
Some bonds held by L. Sh. & Mich. So’n. but no in¬
dorsement by that company. (V. 22, p. 158.)

2,759,200
030,000

1804
1805

33
33 ’00-’72
51
1808
117
1809
170
1871
142 i
142 ! 1871

Danville, Hazleton d Wilkesbarrc—1st mort
Danville, Crbana, liVton d Pekin—1st M., gold
Davenport d North western—1st mortgage, gold
Dayton d Michigan—Com. stock (3^guar. C.II.&D.)
Preferred stock, (8 percent, guar. C. II. & 1).)
1st mortgage, sinking fund, $30,000 per year

a

1808

’

Danbury d Norwalk—Stock
1st, 2d and 3d mortgages

p.

1807
1870
1872

33

Connecticut Western—1st mortgage

Report for 1876, V. 24,

50
500 &C.
500 <ke,
500 &c

74,024
45
70
55
35
41
144
110

;

Delaware d Round Brook—1st mortgage
Denvei' Pacific— 1st mortgage, gold, land grant..

200,000
425,000
3,000,000
2,453,000

1,000
1,000
1,000

100

587
117
208
93
01
102
107
102
72
221
587

Concord d Portsmouth—Stock, guaranteed
Connecticut d Passumpsic—Stock
New mortgage (for $1,500,000)
Notes, coupon.

,

14,991,800

100 Ac
1.000
50
500 ike

13
89
587

Columbus d Xenia—Stock
1st mortgage

i

$1,200,000

100
500

1808
1870

89

Columbus, Springfield d Cincinnati—1st mort

1

$1,000

18

70

do
Union it Logansp’t (U’n City to Logansp’t)
do
Tol. Logansp’t it Burl.(Logansp. to III line)
do
Col. it Ind. 1st it 2dprcf.(Col. to U’n City)
do
Cinn. it Chic. Air Line(Eiehnfd to Logans.)
2d M. Col. it Ind’polis Cent. (Col.to Union City).,
do
Indiana Central (Indianapolis to Ohio line)
do
Chic, it G’t East, construe. (Chic, to Rich’d)
do
Columbus, Chicago it Ind. Central
Income conv. do
do
do
Income (Toledo, Logausport & Burlington)

1st mortgage...*
2d mortgage, sinking
Common bonds

Outstanding

50

80

..

Concord—Stock

par
Value.

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

convertible

.—

Amount

1802
1807
1873

m...

Columbus d Hocking Valley—Stock
1st mortgage, sinking final bonds
1st mortgage, Logan & Straitsville Branch..
2d mortgage bonds
Columbus, Chicago d Indiana Central—Stock.
1st M. Columbus, Chic, it Ind. Central
do
Chic. A: G’t East. (Chic, to Logausport).
do
Col. it Ind’polis Cent. (Col. to Ind’s it bi\).

or

199
199

equipment bonds

Cleveland, Tuscarawas Valley d
Colcbrookdale — 1st m or tgage

INTEREST OR DIVIDENDS.

Size

199

Consolidated sinking fund mort. for $5,000,000..
Construction and

[September 29, 1877.

.

1,388,023
100,000
050,000
1,120.000

2,410,000

Rate pel
Cent.

H
•

on

stock and interest

on

-

are

8 per

bonds.

p. 301,547; V. 25, p. 211.)
Connecticut Central—Leased to Connecticut Val¬

a rental covering interest. (V. 22, p. 209.)
Connecticut. River.— Net earnings 1375-6, $217,780,

ley at

against $257,408, 1874-5. (V. 23, p. 5U0.)
Connecticut \ alley. In default and surrendered
holders.

trustee for 2d

(V. 23. p. 40, 575, 622.)

mortgage bond¬

Connecticut Western.—Net earnings 1875-6, $120,-

Re-organization made and pref. stock issued
for bonds.
(V. 23, p. 5 1 7 576, 598, 614; V. 24, p.
64. 389. 495, 564; V. 25. p 186.)
C’nnecfing.—Leased to Philadelphia & Tren’on,
and op -rated by Pennsylvania; terms, 6 per cent on
$1,218,390 stock, and interest on the bonds.
229.

.

,

-

previous issues. (V 23,

as

Stocks— Last
Dividend.

A. it b.
April, 1908
1893 to’95
Various N.Y., Gallatin Nat. B’k.
do
do
J. it J.
Nov., 1904
A. it O.
N. Y., A. Iselin & Co.
Dec., 1905
F. it A.
do
do
Feb., 1884
7
J. & J. N.Y., Gallatin Nat. B’k.
Dec,, 1883
1880 to ’90
7
do
Various
do
7
M. & N.
do
do
Nov., 1904
10
J. it J.
do
do
Jail., 1882
7
do
do
iJ. & J.
7
F. & A.
F. it A
Feb., 1890
F. it A.
N. Y., A. Iselin & Co.
M. it 8. N. Y., Union Trust Co.
Sept. 1, 1901
June 9, 1877
Columbus Treasury.
Q-M
7
M. it S. N. Y., Am. Exeli. N. B’k Sept. 1, 1890
5
M. it N. Boston, Tower, G. <fc Co
May 1, 1877
June 28,1877
J. it J.
3*2
Boston.
3
Feb. 1, 1875
F. it A.
Boston Office,
7
A. & O.
do
April 1, 1893
Jan. 1,1881
7
Various
do
Feb. 1, 1875
3
F. & A.
do
9 S- J. it J.
do
July 1, 1889
7
A. & O.
Oot., 1895
4
J. & J. Boston, Bost.it Alb.ItR. July 2, 1877
0
M. & S. Boston, Globe Nat. B’k. Sept. 1, 1878
J. & J. N. Y., Am, Exeli. N. Bk. Jan. 1, 1901
J. & J. New York and Boston. July 1, 1900
1900-’l-’2-’3-’4
0
M. it S.
Philadelphia.
0
M. & S. New York, Co.’s Office. March 1, 1891
0
M. it N.
do
do
May 1, 1888
2
Q.-.T. Phila. and Carlisle, Pa. April 1, 1877
8
A. it O. Phila., T. A. Biddle it Co April 1, 1904
A. it O.
do
do
8
April 1, 1908
0
do
A. & O.
do
Jan. 1, 1884
Mar., 1877
1^2
Q.-M. New York and Danbury
7
J. it J. New York, 84 Broadw’y 1880, ’90, ’92
7
A. it O.
Phila. Penn. RR. Co.
Oct. 1, 1888
7 g. A. it O. N. Y., Farm. L. & T. Co.
April, 1909
7 g.
A. & O. Cincinnati. C. H.& D.Co. April 2, 1877
I'h
*>
Q.-J. N. Y,, Winslow, 1.. it Co. July 3, 1877
J. it J.
do
do
July, 1881
M. & S.
do
do
Sept., 1887
7
A. it O.
do
do
Oct., 1888
7
M. it S.
do
do
Mar.,’81 «k ’94
0 it 7
J. it J. N. Y., Am. Exeli. N. B’k Jan. 1, 1905
J. it J.
3
Dover, Co.’s Office.
July 1, 1877
0
J. & J. Phila.,Girard Nat. Bank Jan. 1, 1880
0
J. «t J. Phil., Fid’lity I.T.&.S.Co July 1, 1895
1905
F. it A.
7
Philadelphia.
M. it N. N. Y., Bk. of Commerce
7 g
May 1, 1899

Concord.—Net receipts in 1876-7, $294,761.
(V.
22, p. 565; V. 24, p. 541.)
Concord & Portsmouth.—Leased to Concord RR.
at $25,000 per year.
Connecticut & Passumpsic.—Annual
report tc
June, 1877. showed net earnings for year $244,310,
against $240,954 in 1875 6. Div. passed since Aug.,
1875. The new mortgage of $1,500 0 0 will retire

to State Treasurer

Whom.

it
&
&
&
&
it

i'4

Suit is pending against

by Pennsylvania Railroad, and the terms

Payable and by

.

Interest on most of the old
nrior bonds has been taken uu.
Net earning!, 1876,
$384,949. (V. 23, p. 40, 254, 547; V. 24, p. 157,
42 O 5S9; V. 25, p. 62, 113.)
Columbus & Xenia.—This roa&is leased to the Littl • Miami Co., and both roads for 99 years to Pitts¬
burg Cinn. & St. Louis Co.; the lease is guaranteed
cent

Where

J.
Wabash, Indiana.
July 1, 1891
Feb. 1, 1870
A.
N. Y., U. S. Trust Ct
do
do
D.
June, ’75 to ’84
Until 1899
do
do
J.
do
do
N.
May, 1899
June 1, 1914
7 or 0 g.
D. New York or London.
3V
M. A N.
Cleveland Odiee.
May, 1877
7 S’ F. it A.
N. Y., Ward, C’. it Co.
Aug. 1, 1893
7
M. it S.
Sept., 1900
n
i
J. it Jr N. Y., Union Trust Co.
Jan., 1890
7
ir
J. it J. N. Y., Winslow, L. it Co. Jan. 1, 1900
*
ri •
Jan. 1, 1901
7 g.
do
do
Jan. 1, 1905
do
do
M. it S.
O.—M. N. Y
Farm. L. & T. Co Sept. 1, 1877
0
do
Jan., 1892
J. it J.
do
Nov. 1, 1900
7
do
do
M. it N,
7
Jan. 1, 1913
do
do
J. it J
7
Cleveland, Ohio.
June 1, 1898
0
J. it P
Phila., Co.’s Office.
8 g. .1. it D Boston, Treas.’s Odiee
June 1, 1890
4 s.
F. it A
July, 1877
A. it O. N. Y., St. Nicli. Nat. B’k Oct.
1, 1897
do
J. it J,
do
July 1, 1880
do
do
Jail. 1, 1892
J. it J
vr
n *

3
7
7
7

amended lease was made Feb., 1, 1870, also guar¬
anteed by Penn. 1?R. The amended lease guaran¬
teed interest on $15,821,000 of first and second bonds.
Aug.. ’74. default was made on the $5,000.000seconds.
April 1, 1875, defaulted on 1st mort. The guarantee
of interest was absolute, but the Pennsylvania Rail¬
road claims that the C. C. .t I. C. Co. did not fulfil
all its part.
Bondholders claim that no such failure
after bonds had been sold with the guaranty could

prejudice their rights.
Pennsylvania Railroad.

When

Pay’ble

Bonds—Princi¬

pal, When Due

Cumberland dk Pennsylvania.—Owned and oper¬
ated by Consolidation Coal Co., which guarantees
2d mortgage. Stock $1,500,000. (V. 22. p. 415.)
Cumberland

Valley.—The stock is owned in large

part by Pennsylvania Railroad Co. Net earnings,
year ending Sept. 30. 1876, $293,101.
Large advances

have

been made to branch roads.
(V. 24, p. 135.)
Danbury & Norwalk.--Gross earnings, 1874-75,
$1»)7,026; expenses. $87,410; interest and taxes,
$42,191; surplus, $37,425.

Danville Hazleton & Witkesbarre. —Leased, March,
1S72, to Penmylvania Railroad for 33 years. The

due October, 1874, were purchased by Penn¬
sylvania Railr /ad. In default, April, 1875. (V. 20,
p. 338, 476. 500, 570.)
Danvide Crbana, BoomAnqton & Pcfcin.-This 13
a part of the Indianapolis Bloomington-& Western,
coupons

now

in default.

See I. B. & W.

Davenpoi t & X rthw-stern.—Davenport & St. Paul
sold in foreclosure, March 2, 1876, and re-organized.
( V. 21. p. 441, 570. 612; V. 22, p. 67, 281, 305/ 515,
^590; V. 23, p. 159; V. 21, p. 299.)
Dayton & Michigan.— Leased in perpetuity to Cin.
Ham. & Dayton, which pays interest on bonds, and
guarantees
dividends on * stock, holding itself
$1,393,100 of the common. (V. 21, p. 62.)
Dayton & Western. Leased to Little Miami, and
with "that to Pittsb. Cin. & St. L. About $90,003 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,
of gross earnings does not pay
alance is chargid annually to Del. RR.

more
er

cent

but if 30
that, the

Delaware & Bound Brook.—This is part of
route between New Yoik and Philadelphia.

new

the
(V

32, p. 209, 257.)
Driver la ific.—Land grant. 1,100,000 acres. In
1876 g^-oss earnings were $331,145; net earnings,
$165,537. Cost of road and equipment, $6,493,800.
(V. 20, p. 569; V. 24, p. 321, 541; V. 25, p. 62.)

September

RAILROAD STOCKS AND BONDS,

29, 1877.]

xiz

Subscribers will confer a great favor by gtvliig Immediate notice of any error discovered In these
Tables.
DESCRIPTION.
For

explanation of column headings, Ac., see notes
at the head of first page

of tables.

Delaware, Lackawanna <£• Western—Stock
2d mortgage (Delaware, Lackawanna A.

Mile 8
of
Road

195
115
115

Western)

Mortgage (for $ 10,000,000)
Bonds (convertible June 1,1875 to 'll)..
Lackawanna A Illooinsb., 1st mort. (extension).
do
2d mortgage
do
Denver
Rio Grande—1st mort., gold, sink. I'd
Des Moines <G Fort Dodge—1st mortgage, coupon...
Detroit, Eel River <£• 111— 1st mort., coup, or reg—
2d mortgage.
Detroit. Lansing if North.—1st mortgage

....

60
25

118
88
94
94
187
59
59
189

—

Ionia A Lansing, 1st mort., coup., may be reg...
do
2d mortgage
do
do
Detroit <£• Milwaukee—1st mortgage bonds
2d mortgage, April 28, 1850.
1st funded coupons, Nov. 15, 1800
2d funded coupons, Nov. 13, 1803
Bonds of June 30, 1800 (conditional)

....

....

....

....

Sterling (Oak, A Otta. RR.) Oct. 1, 1853, gold...
Dollar (Oak. A Otta, RR.) bonds, Oct, 1, 1853.
1st mort. (Detroit A Pontiac RR.), April 1, 1851.
3d mortgage (Detroit A Pontiac RR.), Feb. 1854.
2d mortgage, (Detroit it Pontiac RR.), Jan. 1853.
Bonds of Sept. 1, I860. (Limit $300,000)
Bonds & mortgage on Detroit real estate
Dubuque if: Sioux City—Stock
1st mortgage, 1st division
1st mortgage, 2d division (for $1,400,000)
Dubuque Southwestern—1st mort., pref.,sink. fd
1st mortgage, Oct. 1, 1803
Dunkirk, Allegh. Valley if: Pittsburg—1st mort., gold
Duchess iC Columbia—1st mortgage
Fast Tennessee, Virginia <£• Georgia—Stock
1st mortgage sinking fund bonds.:
East Tenn. A Georgia ($92,000 are endorsed)
Sast Tennessee and Virginia (endorsed)
2d mortgage to U. S. Government

....

..

-

....

....

....

....

..

1st mortgage,
Eastern {Mass.)—Stock
Essex RR.lst mort. (extended for 20 years)
Old loans exchangeable (iut. ceased Sept.,’70)

1870
50’50
1856

convertible—

....

1858
-

Rockville extension

Evanville, Terre Haute <€• Chic.—1st mort., gold
2d mortgage, gold
Fitchburg—Stock
Bonds, coupons ($4,000,000 authorized)
Delaware Lackawanna

&

Western.

—

The

com¬

pany’s operations consist in large part of coal
mining and transportation.
No annual report is
made, except that required to the State authorities
of Pennsylvania.
In a brief report. February 20,
1877, net earnings for 1876 are given at $4,001,861,
interest and rentals $3,28 >,036, balance net income
1,824. The mortgage authorized for $10,000,000
is to take up prior bonds w ith $2,w2 > 0 0, and the
balance for cash resources. The Morris & Essex
Railroad is leased and some of its bonds guar¬
anteed. (V. 22, p 232; V. 23. p. 13, 3U3; V. 24, p.

181,005.)

Den ver & Rio
Grande.—Narrow-guage road
feet). The whole line as projected is 875

(three

miles.
Divides competitive earnings with Kansas Pacific
and Atch. Top. & S F. Defaulted on coupons May,
1877.

(V. 23, p. 329, 450; V. 24, p. 441.)

Des Moines <£ Fort Dodge— Ttrs is part of the
Des Moines Valley, reorganized after f reclosure.
Coupons of Jan., 1817, are funded. (V. 21, p. 488.)

Detroit Eel River & Illinois.—Sold in foreclosure

JulvH, 1877, for $150,10).
346; V. 25, p. 4.*.)

(V. *2,

p.

305; V 21,

p.

Detroit Lansing & Noi'th.—Coupons of

Ionia &
The old road was
sold in foreclosure December 14. 1816, and new
company organized by bondholders, who issued new
securities. (V. 22, p. 399, 416; V. 13, p. 599.)

Lansing bonds

are

paid in cash.

Detroit & Milwaukee.—This road was operated by
the
Great Western of Canada, but defaulted
in 1873. and is to be sold in forecl sure.
Of
the bonds of June, 1866, $1,2-58,(00 are in the
hands of the Merchants’ Bank of Canada, redeem¬
able $1(0,000 per year, if earned. The Detroit &
Pontiac interest has been paid. (V. 22. d. 110, ;09,

281, £99; V. 23,

p.

86; V. 24, p. 39, 111, • 56.)

Dubuque &■ Sioux City.—Leased to Illinois Cen¬
tral, in 1867, for 20 years, at 35 per cent of gross earn¬




1,000

600,000
370,900

100 &C.
100 Ac.
500 Ac.

209,000

3,024,500
2,200,000
2,064,000

1,000

1,000

500,000

....

....

*

1,897,000
770,000
81,000

250 Ac.
500 Ac.

2,500,000
1,000,000

Various
Various
500 Ac.

628,525
377,115

1,702,519
150,866

100 Ac.

500 Ac.
1,000

51,000
150,000
250,000
100,000
110,000
103,266
5,000,000
296,000
586,000
81,500
450,000
3,200,000
2,500,000

1,000
1,000
1,000
Various
100
500
500 Ac. /
500 !

1,000
1,000
....

100

1,968,274
3,009,000
862,400
147,000

1,000
1,000
1,000

....

1860
1863
....

....

....

1847
1849
1853
1857
1858
1861
1863
1865
1870
1874
1873

....

....

....

....

....

....

....

459
459
.

82 k>

....

81*2
81*2
81*2

1862
1865
1868

56

1869
1869
1869
1867
1852
1854
1860
1870
1873

....

58
49
91
51
109
23
50
50
94

50
100 Ac.
100

1,309,200

....

>

....

....

....

..

-

1876
1860
1866

959

.

-

1856

39
39
78
78
78

Elmira if Williamsport—Stock common
Preferred stock

....

(?)

....

1,000

....

100 Ac.
100 Ac.
50
50

1874

500,000

1,000,000

500
100
100

570,000
78,000,000

1,000
1,000
500 Ac.

8,536,910
2,483,000
2,174,000
4,852,000
2,937,000
709,500

100 Ac.

182,600

1,000

3,000,000

£200

4,457,714
12,076,000
14,400,000
10,000,000

1,000
1,000

1,000
50
100 Ac.
100 Ac

1,998,400
291,700

1,000

2,193,000

....

1,000
....

500 Ac.
£200

1,000
1,000
500 Ac.

1,000
1,000
100

....

495,900
4,997,600
194,400
672,479
11,796,000
400,000
200,000
500,000

1,000

1,000
1,000

1,000

/Rate

Outstanding

$50 $26,200,000
1,633,000

1,000

....

Amount

500 Ac.

1869

1870
1868

...

..•

or
Par
Value.

1870
1855
1856
i860
1863
1866
1853
1853
1851
1854
1853
1866

18(53
1864
1863
1863

Mortgage funding bonds.

Long Dock Co. mortgage

1856
1877
1872
1859
1858
1870
1874
1871
1873
1877

....

....

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
Erie & Pittsburg—Stock
.•
1st mortgage, convertible into consolid. mort
2d mortgage, convertible
Consolidated mortgage free of State tax
Equipment bonds
Europ'n &N.A in.—1st M., Bang’rto Winn.,Bang’r l’n
Land grant 1st mort. (2d mort. Bangor to Winn.).
Bango? & Piscataquis, Bangor loan, 1st mortg...
1st mortgage, sterling, on N. Brunswick road
Evansv. <& Crawford so.—1st m., Ev. A Ill., s. f....
1st mort., sinking fund (Evansville to Terre II,)..

of

1 Bonds

....

36
36
114

1st mortgage bonds
Income bonds, 999 years to run
Eric Railway—Stock,common
Preferred stock (7 p. c. y’l ly, not cumulative). v..
1st mortgage (extended iu 1807 to 1897)
2d mortgage, convertible (extended to 1879)
3d mortgage
4th mortgage, convertible
5th mortgage, convertible
...**..
Buffalo Branch Bonds

1

INTEREST OR DIVIDENDS.

Size,

190,000

Pennsylvania—Stock

Eastern Shore, (Mil.)—1st mortgage,
2d mortgage, convertible

Date

....

143
100
43
55
55
90
58
270
242
112
130

—

East

|

92,300

745,000
1,000,000
2,000,000
814,000
1,986,000
281,000
631,000
145,500
775,000
325,000

4,000,000
500,000

pci

When

Where Payable, and ly |

Bonds—Principtil) \\ ill'll L/UUi

•

Payabh

j Cent.

(

•

Whom.

!

Stocks—Last
Dividend.

2L>
New York Office.
Q.-J.
July 20, 1876
7
M. A S.
do
do
March 1,1881
7
M. A S.
do
do
1 Sept. 1, 1907
7
J. A D.
do
do
j
June, 181)2
7
M. A 8.
do
do
March, 1885
7
IA. A O.
do
do
j April 15,1880
7 g. M. A N. ! N. Y., Rut ton A Bonn. ! Nov.
1, 1900
6
J. A J.
1 Jan. 1,
New York.
1904
8
J. A J.
1 June
1, 1891
Y., Mercantile Bank.
7
M. A N.
do
do
Feb. 1, 1888;
7
J. A J.
Boston, Co.’s office.
1907
8
J. A J.
do
do
July
1, 1880
M.
8
A N.
do
do
May 1, 1880
7
M. A N.
N.Y.,M.K.Jesup,P.A Co. ! Mev 15, 1875
8
M. A N.
do
do
May 15, 1875
7
J. A J.
do
do
MavlS, 1875
7
M. A N.
do
do
May 15, 1875
6 A 7
J. A J.
New York A Detroit.
July 1, 1886
6 g. M. A N.
New York A London.
Nov. 15, 1873
7
M. A N. N.Y.,M.K.Jesup,P.A Co. Nov.
15; 1873
7
A. A O.
do
do
April 1,' 1878
8
F. A A.
do
do
Feb. 15,188-5.
7
J. A J.
do
do
Jan. 1/ 1878
7
M. A S.
do
do
Sept., 1 1886
10
Various
Detroit office.
Various.
1
A. A O. N.Y.,M.K.Jesup,P. A Co. April
15, 1877
7
J. A J.
do
do
1883
7
J. A J.
do
do
1894
7
J. A J. N.Y.,M.K.Jcsnp,P.A Co.
Julj', 1883
7
A. A 0.
do
do
Oct., 1883
7 g. J. A D. N.Y., N.Y. Cent. A Hud.
June, 1900
7
J. A J. N.Y., Brown Bros. A Co. Jan. 1, 1908
3
A. A O. N. Y., R. T. Wilson A Co. April 1, 1876
7
J. A J. N. Y., Gallatin Nat’l B’k July 1, 1900
6
J. A J. N. Y., R. T. Wilson A Co.
1880 to 1886
6
71. A N.
do
do
May 1, 1886
4
3
J. A J. Phila., by P. A R. RR.
July 17, 1877
7
M. A S.
Mai-. 1, 1888
Phila., P. A R. office.
3
J. A J.
Boston.
July 15, 1875
6
M. A S.
do
Sept. 15,1896

j

}N.

1

’

•iJ2g6
r;

2lo

312
7
5
1

A S.
Boston and London.
1906
A J. Phila., Girard Nat. B’k. Jan. 1, 1880
A O.
do
do
Apl. i; 1886
A N. Pliila., Penn. R. It. Co.J May, 1877
A J.
do
!
do
M Julv, 1877
A J. Phila., Penn. Trust CoJ Jan. 1, 1880
A O. Pliila., Penn. R. R. Co.
Oct. 1, 2862:
N. Y., Co.’s office.
Oct. 1, D'73“
J. A J.
do
do
Oct. 1, 1873
M. A N.
do
do
May 1, 1897
M. A 8.
do
do
Sept. 1, 1879*
M. A S.
do
do
Mar. 1, 1885
A. A O.
do
do
Oct. 1, 1880
J. A D.
do
do
June 1, 1888
J. A J.
do
do
July 1, 1891
J. A I).
do
do
Jail., 1893
M. A 8.
London.
Sept. 1, 1875
M. A 8. New York and London. Sept. 1, 1920
J. A D.
London.
Mar. 2, 1894
do
Jan. 1, 1903
Q.-J.
Q.-M. N. Y., Union Trust Co. Sept. 10, 1877
J. A J.
do
do
July 1, 1882
A. A O.
do
do
April 1, 1890
J. A J.
do
do
July 1, 1898
A. A 0.
do
do
Oct. 1, 1890
T. A J.
Boston.
Jan. 1, 1889
M. A .8 New York and Boston/ Mar. 1, 1899*
A. A O. Boston, Second N. Bank April 1, 1899
J. A J.
London.
July 1, 1897
J. A J. N.Y.,Farai,L’an A T.Co. Jan. 1, 1887
M. A N.
do
do
Nov. 1, 1887
F. A A.
do
do
Aug. 1, 1880
M. A N. t.Y.,Farm.L’an A T.Co. May 1, 1900
I. A J.
do
do
T. A J.
BoSton Office.
July 2, 1877
A. A O.
do
April 1, 1894
....

3ig
7
7
rr

/

7

7
7
7
6
7
7
7

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

g.
g.
g.
g.

134
7

7
7
7
6
6 g-

6 A 7
6 g.

7
7
7

7 g.
7 g3
7

ings first ten years, and 36 afterwards. In 1815 gross
earnings were $1,194,268.

1

|

stock

payable till March 1. 1877, but after that
cent is added.
Interest on the first fivemortgages is paid. Foreclosure suits were com¬
are

10 per

Dubuque Southwestern—Farley to Cedar Rapids,
earnings, 1874, $117,107—$5,8.0 below

menced under the fifth and consolidated mortgages,,
but overdue interest on fifth mortgage was paid.
The following comparison for four years is from the

Dunkirk

company’s renort to New York State Engineer for
the years ending Sept. 30 : -

la.—Gross
1813.

Allegh. Valley & Pittsburg.—A consoli¬
Stock, $2,300,000. Road leased
mostly held by New York Central &

dation, Dec. 1, 1872.
and bonds
Hudson.

Duchess & Columbia.—Sold in foreclosure. Aug.
10, 1876, for $297,500, to first mortgage bondholders.

(V. 20,

p.

15; V. 22, p. 321; V. 23, p. 159,183,256, 450.)

East Tennessee Virginia
Georgia.—Gros* earn *
ings year ending June 30, 1876, were $1,058,951: ex¬
penses. $715,394, and net earnings, $343,5)9. Annual
report, V. 23, p. 41)2.

Pennsylvania.— Leased to Philadelphia A
Reading at 7 per cent on stock and bonds. Divi¬
East

dends

are

6 per cent per annum.

(Mass.). —Company embarrassed 1875.
to fund the old issues
for three years. 4 per
balance of term. To
February, 1877. certificates had been issued for
$11,628,097. rl he Eastern in N. IL, a separate cor¬
poration. is leased; see V. 25, p. 40. (V.23, p. 15,
63, 86, 134, 159, 4.7, 621; V. 24, p. 157, t'04.)
Eastern

A general mortgage was made
of de’ff, bearing 3y2 per cent
cent for three v ears, and 6 for

Eastern Shore.—Formerly leased, but now oper¬
ated on own account since December. 1869. Coup¬
ons on 1st mort. due Jan. ’.7 were paid.
(V. 22. p.

Gross

Esrnings.
$15,852,461
16,876,858
1«,598,899
20, !2,6.7
18,371,888

1875-6
1874-5
1873-4
1872-3
1871-2

Net

Interest*

Earnings. Rentals. Ac.
$3,621,260
$ 5,538,194
4.191,728
6,351,781

5,035,161

5,021,025

6 371,965
5,777,38 5

3,425,280

2,989,445
(V. 22, p 41, 42, 158, 233, 281, 305. >75, 423. 447. 487,
521, 545, 590; V. 23. p. 15, 63. 1« 4 134. 183. ‘.’07, 233,

353. 450. 478. 499. 615, «2 •. «46: V. 24, n. 16, 29,

89, 204. 2v6, 249, 214, 321, 346. 369, 396, 420, 46J, 518,
512; V. 25, p. 113, 162, 237, 261, 276 )
Erie

Pittsburg.—Leased in perpetuity to the

Pennsylvania Railroad and transferred to Penn. Co.;
the terms

and debt.
425.)

guarantee 7 per cent per annum on stock
Net earnings, 1875, $226,787.
V. 20, p.

European &

North Amnican. — Defaulted ii
complete statement of debt, includ¬
ing bonds pledged for loans, in V. 21, p. 315. Inter¬
est is paid oil 1st mortgage and Bangor & P. (V. 22
p. 374; V. 23, p. 63, 256, 329, 353, 547; V. 24, p. 4t8.>
1875.

A very

Evansville <fe

Crawfordsville

-

Common stock is

297.)

'1,044,400; preferred, $100,000. Net earnings 1875-6,.
$.59,162. The company has paid interest regularly*,
but no dividends. (V. 21, p. 48 8; V. 23, p. 491#.).

Elmira A Williamsport.—Leased in 1813 to North¬
Central for 999 years. Rent amounts to $165,0C0
per year.

Evansville, Trre Unite & Ch'cago.—ln 1874-5 net
earnings were $114,089. (V. 21. p. 136.)

ern

Erie.—Ntr. H. J. Jewett, the pres'dent, was ap¬
pointed receiver May 26. Negotiations for settlement
with

bondholders

pending, aud assessments on

Fitchburg.—Leases Vermont A Massachusetts.
$529,616; dividends « percent
21, p. 39, 59( ; V. 23. p. 548).

Net income, 1875-6,
for some years. (V.

-

'

Subscribers will confer a

Bay City, E. Saginaw, 1st mort., guar by
Bay County, issued in aid, guar by lessees
Construction bonds
.

notes

233
233
60
100
17
13

lessees.

Galveston, llarrisb.d San Antonio— 1st mort, gold...
Galveston, Houston d Haul. o/1871—1st mort
Geneva, Ithaca d Sayre— 1st mort., s. f., gold

100
100
109
109

50
35

1871
1873
1872
1870

Grand Rapids,d Indiana—Stock
1st mort., land grant, gold (guar, by Pa. RR)
1st mort., land grant, gold, not guaranteed

11 i
335
335
335
335

..

bonds, for $10,000,000
Grand Tran/: (Can ad a)— Consolidated stock
Income mort gage

1,377

(act of 1874)

1,000
1,000

3,185,000
32,000
2,072,000

1,000
54)0 Ac.
500 Ac.
100 Ac.

1,000,000
200.000
300,000

1.000

1,500,000

500 Ac.

1,000

1/800,000

1,000

500,000
500,000
1,700.000

1,000

1877

1,000

1869
1869
1875

1.000

4,200,000
530,000
2,000,000
2,800,000
4,000,000

1.000

3,787.000

1873
1875

1,000

213,000

£25
£100

£3,486.787

Bonds not gflkranteed
New mortgage (for $2,500,000)

Gulf, Western Texas d Pacific—1st
Hannibal d

350
350
350
145

Naples—1st mortgage

.

..

Hart/., Prov. d Fishkill—1st mort.
1st mort. (Conn.)
Housatonic—Stock
Preferred stock

43

(R. I.)

120
74

343
118
47
461
58
58

58

50
1853
500Ac.

i’rio
100

•

•

•

....

•

1869
1873
1866
1870
1873
1872
1854
1857
1865

-

1.000
500
500
-

1,000

V

....

..

....

Marquette.—Gross earning 1876,

$1,000,368; net earnings, $366,074. The lands are in
five traet; sales in 1876. 7,538 acres, for $76,210;
total to Jan. 1, 1877 270,343 acres, for $2,219,005;
lands yet unsold, 241,158 acres. Coupors on consol,

pinsed Nov., 1875, and part were

ioo

707

t'unifr £20,000 yearly) —

funded. (V.

22, p. 568; V. 23, p. 159; V. 24, p. 297.)
Flushing, Northshm'e ft Central.—A consolidation
in 1874 of seven companies. Now leased to L. I.
RR. There are. in addition to above, £125,000 N. Y.
& Flushing RR. 7s; $149,uOO North Shore7s; and

Gilman,

J. N. Y., Winslow, L. A
do
do
do
M. A S.
do

Tot. gr.

1876-7.

earng’s... $l,28','-07 $1,194,324 $1,143,128

Operat gexpenses.
Net earnings
In May, 1875,

826,097

611,677

6)3,110

455,809
552.646
500,017
this company, with the Central Georgia,

A. A
A
Various. F. A
J. A
5 g
J. A
5 g
4 g. J. A
A. A
1*4
A. A
2l2
J. A
5
A. A
51-2
J. A
6
7
7

1864
1875
1874
1875

Clinton

1,386,000
675,000
9,168.700

5,083,024
3,000,000
4,000,000
500,000
1,200,000
1,182,550
700,000
481,000
1,574,000
820,000
1.180,000
100,000
300,000

500 Ac.
£200
£200
£200

6,227,000
2,305,000
940,000
2,864,000
416,000
367,500
1.383,000
97,907
29,000,000
2,500,000
2,500,000

4,598,000
1,000,000

6 g
6 g.

J.

•

1891
1910

July 1, 1902
July 1, 1890
Jan. 15, 1877

yearly to 1890
1898
1899
1899
1906

Co.

.

....

7 g7

7
6
8
3
10

3^
6
7
7

2
7
6

.

Jan., 1920

Perpetual.
Irredeemable.
Irredeemable.
Irredeemable.

April, 1874
April, 1874

Perpetual.
Oct., 1878
Dec., 1890

1880-82
1981 to 1886

do

do

.

Jan. 1,
Nov. lr

J. A J.
M. A N.

A
A
A
A
A
,T. A
J. A
J. A

J.
M.
F.
J.
J.

J. N. Yr., B’k. No. America.
S.
do
do
do
do
A.
do
do
J.
J.
Phila., Co.’s Office.
do
do
J. Hartford, Am. Nat. B’k.
do
do
J.
J.

Q.-J.
F.

Aug., 1870
1884-1887
Mar., 1885
Jan., 1892
Jan., 1886

July 1, 1877
July 1, 1863

7
7
8
7
7
7
6 A
2
6
6.
5
5

g.
g.
gg-

7

g.
g.

g-

its bond¬

Gulf, Wistirn Texas & Pacific.—Sold April 3, 1877,
for $100,000. (V. 20. p. 428; Y. 23, p. 256, 353.)
Hannibal ft Nantes.—Sold in foreclosure of 1st

(V. 24, p. 136,

1, 1876
1, 1876

Jan.
Jan.

1885
1889
1883

and Boston.
do

....

7tr.

1908
1888

July 14, 1877

Bridgeport A Boston.

A A. Bridgeport
do

....

Indiana.—Unguaranteed

several years since, but compromised with
holders.
(V. 20, p. 5 68; V. 22, p. 110.)

.

April, 1877

■

organized as Chic. A Springfield, and
$2,000,000 bonds issued to old bondholders.
In
July, 1877, passed into Ill. Central control.
(V. 23,
p. 86, 428; V. 24, p, 274; 25, p. 16.)
ft

Columbia, Co.’s Office.

....

company was

Rapids

0. London, at Co.’s Office.
do
do
J.
A.
do
do
do
J.
do
do
do
J.
do
'
do
J.
O.
London A Montreal.
do
do
O.
J. London Joint Stock B’k.
do
do
O.
do
do
D.
do
do

....

ft Springfield.—Tin* company
1876,’ Anew

purchased at foreclosure sale the Western Railroad
of Alnhnma. (V. 21. r>. 395: V. 22, p. 463; V. 24, mortgage, May 22, 1877, for $250,000.
346, 495.)
I). 4 6 6, 468, 495; V. 25, p. 90.)




Oct., 1889

April, 1896

A. A O.

,

1875-6.

A

J.

1902

May 1, 1903
July 1, 1900
July 1, 1889
Oct., 1881

....

are secured by the same mortgage as
the
guaranteed bonds on the entire land grant. “ Ex.
Land Grant Bonds” were a part of the original
$1,000,000 unguaranteed bonds, which have from
time to time been redeemed by the operations of
$93,000 Whitestone A Westchester 7s.
the sinking fund.
When the land certificate is de¬
Fonda, Johnstown ft Gloversville.—Net earnings tached they are no longer a lien on the land, but, by
1872-3, $45,957.
terms
trust
the
of the
deed, remain a ii st mortgage
Fort Wayne, Jackson & Saginaw.— Traffic guaran¬ on the whole line and appurtenances. Dec.'’1st,
tee 40 per cent from Michigan Central. Interest was 1875, an agreement was made with Continental Im¬
passed January, 1874. Gross earnings, 1874, $282,882; provement Co., whereby that company surrendered
the 1st mortgage gold bond after redemption by
net, $127,309. (V. 20, p. 591; V 22, p. 352.)
Fort Wayne, Mnncie
& Cincinnati.— Receiver sinking fund, and takes income bonds instead. (V.
21, p. 110, 534; V. 24, p. 563.)
appointed Nov. niber, 1874. (V. 23, p. 396.)
Grand Trunk (Canada).—The above figures repre¬
Framingham & Lowell. -Leased to Boston, Clin¬
sent pounds storing.
Gross earnings in half year
ton A Fitchburg; has also $150,000 8 per cent bonds.
ending Jan. 1, 1877, £893,882; expenses, £716.640:
Galveston, Harrisburg <0 San Antonio.—Net earn
net earnings, £177.242.
(V. 22, p. 445; V. 23, p.
ings 1876. $ it 9,416. (V. 22, p. 375; V. 23, p. 428; V. 134, 159, 4 7 7, 548; V. 24, p. 396, 4 6 7.)
24, p. 1 35.)
Great Western (Canada).— The above figures are
Galveston, Houston & Henderson.—(N. 22, p. 375;
given in pounds sterling. Company operates several
V. 24. p.181.)
roads ir. Canada, amounting to 156>f miles, and the
Geneva, Ithaca ft Sayre.—Sold Sept, 2, 1876, and
Det. A Milw
189 miles. For the half year ending
re-organized, this moit. being the old I. A A. mort. Jan.
3', 1877, th« gross receipts were £401.628;
(See V. 23;p. 256, 304. 451; V. 24, p. 110.)
Georgia Railroad ft Banking Company —The an¬ working expenses, £313,715; net earnings. £87,913.
nual report for the last fiscal year, ending April 1, (V. 22, p. 44 6; V. 23, p. 134. 159, 379, 4 2 6; V. 24,
1877, was published in V. 24, p. 466. A comparative p. 396, 467; V. 25, p. 113, 186 )
Greenville ft Columbia.— This company defaulted
statement for three years was as follows:

1874-5.

Mar. 1,

..

....

defaulted in 1874. and was sold June8.

Grand
Bonds.”

do
do
A N.
do
do
A S.
do
do
A N.
A J. N.Y., St. Nidi. Nat. B’k.
A J. N. Y., Farm’s. L.AT. Co.
do
do
A 0.
A 0.
Bost-on. Ollice.
do
A O.

F. A A.
Bost. A London.
J. A J. N. Y., F. P. James A Co.
J. A J. N. Y., Metrop. Nat. B’k.
J. A J. Augusta,Ga., RR. Bank.
do
do
J. A J.
New York. -

7 g.
7
7

150,000
1,000
1,000
1,000

,

Redemption, 1st and 2d series

bonds

1867

__

General mortgage, sterling

ft Pere

1,000

120

llinois Central—Stock

Flint

1,000
100
100

20*2 1853
951-2 1850-2

Top—1st mort., gold

Sterling bonds, (sinking
Mortgage, sterling

-

*

1868

1853-7
1870
15
53
54
54

7 g8
7
6 g.
7 g.
7 g.
3
7
7“

1, 1876
1, 1901

May 1, 1889

N.: N.Y., Chatham Nat. lJk.

A

J.
A.
A.
A.

1876

275
275

Bonds of 1860
Bonds of 1873
Houston d Texas Cent.—1st M., (main) gold, l.gr.,s.f.
1st mort., West div. (Hempstead to Austin)
1st M., gold.Waco AN’west (Bremond to Waco)
Consol, mort., 1. gr. (coupon, but may be reg’d)...
3d mortgage .consolidated
Scrip for past due coupons

...

....

69

mortgage

2d mortgage

Huntingdon d Broad
2d mortgage, gold

1,000.000
500,000
1,413,071
632,237

Various

i.43

Portsm'th, Mt. Joy d Lane.—Stock

1st mortgage

62,000

£100
£100
.

143

Hannibal d St. Joseph—Common stock
Preferred stock (7 p. e. yearly, not cumulative)...
Missouri State loan
Bonds 1870, convertible
1st mortgage (Quincy A Palmyra RR)
1st mortgage (Kansas City A Cam. RR.)

Harrisb.,

500,000

1,200,000
3,218,149
2,327,808
7,166,910
£2012 £5,630,478
£100
505,753
2,001,480

49534

'78.

7
8

Jan.
Jan.

7,500,000

500,000

Short bonds exchanged for bonds due 76, ’77,
Greenville d Columbia— 1st mort.,guar.by State

i

May, 1902
1, 1887
Sept. 1, 1888
May 1, 1888
July 1, 1882
Sept. 1, 1887

Jan.

1,060,000

do

Mortgage bonds, coupon

7
rr

600,000

3,111,500

Postal bonds, Ac., secured by gov’t business
1st pref. bonds, eonv. into 1st pref. stock
2d
do
do
2d
do
3d
do
eonv
Great Western (Cana<ia)—Common stock
Preferred 5 per cent, convertible into common...
Debentures

7

1,493,000

1,000
100 Ac.
100

rolling stock

,

Stocks—Last
Dividend.

Whom.

A N. N.Y., Mcrch’nts’Ex.B’k.
A J.i N. Y., Meehan. Nat. B’k.
do
do
A 8.1
do
do
A N.
A J.I Newark, N. J., Saw Ins.
A 8.
New York.
do
A J.!
A J. N. Y„ Mech., Nat. Bank.

M.
,1.
M.
M.
J.
M.
J.
J.
M.
M.
M.
M.
J.

8
7
8
10
10
10
8
8
7

500,000

-

New bonds, coupon

|

pal, When Due,

Payable, and by

1

75,000
96,405
1,000.000
800,000
400,000

Canadian debentures

do

Where
Rate per! When
Ceut.
Payable

400,500
100,000

1,000

232

Georgia ltailroad d Banking Co.—Stock..
Bonds, not mortgage
Gilman, Clinton d Soring field—New bonds

$3,298,200

500 Ac.
500

1871
1869
1870
1872
1873
1870
1869
1871
1869
1871

10

$100

500 Ac.

....

05
58

2d mortgage

’

Outstanding

Value.

1872
1866
1868
1868
1867

.

Framingham d Lowell—1st mortgage bonds

2d

Amount

Par

1

Holly, Wayne A Monroe, 1st mort., sinking fund.
Flushing, Xorthshored Cent.—1st mort. (FI. A N. S.).
2d mortgage (FI. AN. S.)
Central of E. I., 1st mortgage
do
do
Extension 1st mortgage
Fonda, Johnstown d Gloversvillc— 1st mortgage
Fort Wayne, Jackson d Saginaw—1st mort., coup...
2d mort. and equipment bonds, coupon
Fort Wayne, Mancie d Cincinnati—1st mort.,gold...

New stock for £10,000,000
Debenture stock for £8,000,000

Size, or

Miles | Date
of
of
Rond. Bonds

Flint d Fere Marquette—Stock
Consolidated mortgage, sinking fund
1st m. on 20m., ‘2d on 40; 1. gr. 153,000 ac., 2d d.
1st mort., land grant 358,000 acres, 3d div
Flint A Holly RR. (sink’g fund $25,000 per year).

do

these Tables.
Bonds— Princi¬

INTEREST OR DIVIDENDS.

explanation of column headings, Ac., see
at the head of tlret page of tables.

Equipment mort., 1st on all

[September 29, 1877-

Immediate notice ol any error discovered In

great favor by giving

DESCRIPTION.
For

BONDS.

RAILROAD STOCKS AND

XX

J. A J. N. Y., Nat’l. City Bank.
do
do
J. A J.
do
do
J. A J.
do
do
A. A O.
A. A O.
Philadelphia, Office.
do
do
F. A A.
do
do
A. A 0.
do
do
N. Y., Co.’s Office.
F. A A.
N. Y„ Co.’s Office.
A. A O.
London.
A. A O.
I A. A O. London,Morton R.A Co.
do
do
J. A D.

July 1, 1891
July 1, 189 L
July 1, 1903
Oct. 1, 1912
Oct, 1, 1890
Feb. 1, 1895

April 1, 1895

i877

Aug. 1,

April 1, 1890
April 1, 1895
April 1, 1903
Dec, 1, 1905

nannibal °& St. Joseph.— The company has about
$2,700,100 in land notes, and about 100,0i)0 acres yet
unsold. No report has been issued since 1872. (V.
23, p. 112.478; V. 24. p. 40,198, 558,614; V. 2\ p. 162,
18b 217.)

Joy ft Lancaster.—

Harrisburg Portsmouth Mount

Pennsylvania Railroad, which owns a
majority of the stock.
Hartford, Providence & Fishkill.— This road forme
a part of the proposed line of the N. Y. A New
Leased to

The bonds fell due Jan.. 1876.
payment and suit
V. 24, p. 156.)
Housatonic.—Leases Berkshire Railroad, Stock-

England Railroad.

but citv of Providence declined
is pending.
(V. 22, p. 87, 3 0 4;

bridge A Pittsfield, and West Stockbridge. Gross
earnings in 1875 6 were £656,544; net, $255,111. (V.
21, p. 232; V. 24, p. 274.)
Houston & Texas Central.— Gross earnings in 1876
were

$3,162,518; net earnings,

$1,277,321. Interest

charge, §'150,003. In Mar., ’77, application was made
for a"receiver.
(V. 22,- p. 328; V. 23, p. 158: V. 24,
p.64, 227, 249, 275, 299, 346, 369, 420, 444.468.495, 518.)
Huntingdon ft Broad Top. - Capital stock is $2,052,800. Gross earnings in 1876 were $270,441; net,
$143.8)5. Interest passed on 3d mortgage bonds.

(V- 22, p. 206; V. 24, p.

360.5

.

provides for
limited to
$15,00'.),000. The Company has become interested
in the purchase of the N. O. Jack. A Gt. North on
foreclosure, and will probably have a similar interest
lllincis Cerdiol.—N general mortgage
all the bonds now outstanding. It is

in the Miss. Central when sold under consolidated
mortgage.
The annual report for 1876 (V. 24, p.
134 and 368) gives causes for decrease in earnings,
prospects. Ac.' The following is a comparison for

four years;
Year.
1876
1S75
1371
1873

Gross

Earnings.

$7,040.^69

Net

Earnings.

Interest,
Ac.
$616,792
661.093

$2,144,776
2 670.081
2,775,362
413,610
558,437
2,530.890
16, 2 56; V. 23, p. 451, 525; V. 24, p. Ill,
7C02.556
7,900,721
8.268,325

(V. 22, p.
131, 158. 368, 444, 5:8.)

September 20,
«

RAILROAD STOCKS AND BOM DS

1377 ]

Subscribers will confer

a

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

DESCRIPTION.
For

explanation of column headings, Ac.,
at the head of tirst page or

a

Date

d.

of
Bond s

of

see notes

tables.

Indianapolis, Bloomington d: West.—1st mort., gold.
2d mortgage
Ind., Bloom., A W., Extension, 1st mort., gold
Indian'polis Dec. d• Spr.—1st M., gld (for $1,800,000)
2d mort, (income bonds only till July, 1881)
Indianapolis, Cincinnati <£• Lafayette—Stock

2
2
7
3

1S69
1870
1872
1870
1870

.

-

Preferred stock (issued for funded debt bonds)...
Indianapolis A Cincinnati of 1858

....

1875
1858
1807
I860
1873
1873
1862
1867
1861)
1870
1871

.

)

Indianapolis, Cincinnati A Lafayette
do
do
do
Funded interest bonds, coupon
Equipment bonds, registered...

L
)

Cin. A-Ind., 1st mortgage
do 2d M., guar. ($1,000,000 due ’77 ext. to ’92)

)
)

Indianapolis <£• SI Louis—1st mort., in 3 series
2d

mortgage..

Equipment bonds

Indianapolis <6 Vincennes— lst.mortgage,

guar

25d

459

1st mortgage, April 1,’09
Iron Mountain, Chester it E.—1st mortgage, gold

38
226
86
159
159
44

do

registered
2d mortgage, do. (for $25,000,000) coup, and reg.
Income bonds (s. f. $000,000 per yr.) coup, or reg.
Mortgage bonds of Oct., 1869, sinking fund
1st mortgage, sinking fund, M. S. A N. I
2d mortgage, Michigan Southern
2d mortgage (C., P. A A. RR.) registered bonds..
3d mortgage
do
Lake shore dividend bonds, April, 1869
1st mortgage (C. A Tol. RR.) sinking fund

mortgage

do
Erie, mortgage bonds

Indianapolis, Decatur & Springfield—'This

net

earnings only, if sufficient.

1871
1871

em¬

The remaining 67

1,000
1,000
100
100

864
864
864

1870
1870
1873
1872
1869
1855
1857
1859
1867
1869
1855
1866
1862
1866
1868
1876
1869

864
451
451
95
95
258
162
88
88
88
62

100 Ac,
100
100

.

99
99
162

37

1,000

1869
1,000
1865
1,000
1866
1,000
1865-7
1866
1,000
100 Ac.
1866
250 Ac.
1870
1871
1,000
1873
1,000
1873
1,000
1853
1,000
1855
1,000
1874
lOOAc.
100 Ac.
1874

427

Kalamazoo & White Pigeon, 1st mortgage

braces the former Indiana & Illinois Central. The
second mortgage is issued io holders of old I.& I.C.
firsts, and till July, 1881, Interest is payable out of

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

.

1866
1877
1877

673
245
140
253
394
34

do
do
do
do
Det. Monroe A Tol., 1st mort., coup., guar

,

.

100
500 Ac.

100

162

months. Aug.-Dee
1*76, $610,526; net. *303,035.
(V. 21, p. 267, 277. 4 64, 465; V. 22. p. 257; V. 23.
P- H2, 135, 183, 377; V. 24, p. 181, 273; V. 25,
p. 182.)

.

1,000

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

....

4
4

I
8
7
6
«...

8
1
4

7 g.
8
7

I
I
8
6
6

2,789,413
500,000

3,395,000
1,071,000

924,000
400,000

g.
g.
g.

g.

7

'

7
7
7
7
7
7
7
7

Iron Mountain, Chester & Eastern.—This, was for¬
merly the Chester & Tamaroa. Bonds are in de¬
fault since 1873, and foreclosure sale ordered. (V.
22, p. 614.)

Jefferson. —Leased to the Erie Railway Company,
interest on the bonds. (V. 14, p. 628.)

which pays

Jeffersonvil’e. Madison & Indianajxrlis.—Leaded
Jan. 1, 1873, to Pennsylvania Company for interest
on

sinking fund of bonds, and 7 per cen<\ a year
stock.

In 1875,

Lease

guaranteed by Penna. Railroad.
$463,281. (V. 20, p.

net earnings were

Indianapolis & St. Lows.—The stock, $601,000, is

by Pennsylvania Co. and C. C. C. & I. This
company forms part of the Pennsylvania system, and

leases the St. Louis, Alton & Terre Haute.

395; V. 21, p. 495.)

p.

(V. 21,

Indianapolis <£ Vincennes.—Is contro led by Penn.
through stock ownership, and interest is guar¬

Co

,

anteed

by Penn. Railroad.
Net earnings in 1875
$32,708. (V. 20, p. 4 26.)

were

International & Great Northern (Texas).—'This was
a

consolidation of the International and the Houston
Great Northern. Interest passed and funded. A
new

funding proposition offered Marcl, ls77,

V. 24, p. 29*.
bonds

3ee

The company had an issue of Texas

granted it, but the grant was repealed and
(V. 2*, p. 398; V. 23, p. 403:

land given instead.
V. 24, p. 259.)

Iowa Falls & Sioux City.—Leased to
tral at 35 per cent, on earnings.




Illinois Cen¬

1, 1904

1, 1876
April 1, 1899
May. 1901
1900

1887 & 1889
Jan. 1. 1889

May, 1877
May 1, 1881
Oct. 1, 1906
July 1 1910
July 1, 1874
July 1, 1882
April 1, 1900

do
do

Jan.

1, 1880

do
do

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

1895 to’97

A
A
A
A
A
A
A
A. A
A. A

do
do
S.
J. N. Y., Bond. A Frankf’t.
New York.
S.
O. New York A Frankfort.
New York.
0.
8. N. Y., Bank of America.
do
do
D.
New York Office.
O.
do
do
0.

Sept., 1886
March, 1883
June, 1885
1904

1884

....

F.
F.
F.
F.

J.

A.
A
A
A
A

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

New York.

Aug., 1901
Aug., 1901

Y., Chase A Atkins.
do

1

do

j

J
]
(
(
1
1
J
C
A
3
A

Q-J.
J.
A.
A.
M.
M.
I.
4.
4.
J.
\.
I.
VI.

A D.
A
A
A
A
A
A
A
A
A
A
A
A

O.
O.
N.l
N
J.
O.
O.
J.
O.
J.
S.
O.

v

^

*

£3
o*

ip.

® ~

rt

2

3— o

J*

«00
rt

’H

m

-n

®

p

'tr.H
£

.3

_

§*•33

S
A
A

5

J

§•=

F. A A.
r. a j.

1

3

o< ££>

1, 43 86
898
1, 18

mile westwaid.
The company pa'd half thg interest
on its bonds, (except incomes), after defaulting in

1873, up to November, 1876, and
hands of receivers. (V. 22, p. 545;

then went into
V. 23, p. 38, 86,
136, 444, 541.)

Kentucky Central.—This was formerly Covington
& Lexington.
The company receiJly purchased
the Maysville & Lexington road. In May, 1877,
it paid a dividend of 3 per cent on prefeired stock
and 2 per cent on common stock. (V. 26, p. 500; V.
21, p. 39; V. 24, p. 495.)
Keokuk & Des Moines.—Formerly East. Div. of
Moines Valley.
The stock is $1,524,000 pref.

$2,400,000

common.

Des
and
Coupons due Oct. 1, 1877, and

Apiil 1. 1878, funded into scrip. In year 1876-7
gross earnings were $581,999; net, $170,443.
(V. 22,
p. 588; V. 24, p. 5 1 7; V. 25, p- 212.)

426.)
Knox & Lincoln.— Annual report, V.

miles to Indianapolis is in progress.
•owned

Feb.
Dec.

Boston, at Office.

478, 499, 515, 576; V. 24, p.
Jacksonville, Pensacola cfc Mobile.—This road is
mortgaged for a like amount of Florida State bonds,
and is held by the ^tate and noticed for sale April
2, 1877. (V. 22, p. 158: V. 21, p. 63, 256, 576; V. 24,
p. 40, 204; V. 23, p. 212.)

and

1, 1900

Aug. 1, 1892

M. A N. N. Y., Loud. A Frankf’t.
F. A A. N. Y., Bk of Commerce.
J. A D.
do
do

.

5
7
7
7
7
7
7
7
7

9,105,000

Jan.

Payable l3 by transportation.
A N. N. Y., Bk of Commerce.

14

1,210,000
4,457,000

200,000
300,000
2,850,000

g.
g.

7 g7 g.

533,500

April 1, 1911

do
do
do

....

g.

7
7
8
.

City B’k

A O. N. Y., Nat. Park Bank.
A N.
A J.
New York.
A J. Ilonesdale Nat. Bank.
A J. N. Y., by Erie Railroad.
Q.-F. N. Y., Farm. L. A T. Co.
M. A N.
do
do
A. A 0.
do
do
J. A J.
do
do
J. A J. N. Y., Farm. L. A T. Co.
J. A J.
Philadelphia Office.
A. A O.
do
do
A J.
A J.
A. A O.

/

.

1, 1900
1908
1900

....

G

rr

Oct,

July 1, 1881

A.
M.
J.
J.
J.

....

7
6
6
6
7
7
7
7
7
7

A O. N. Y., National
A J.
do
A A.
do
A A.
do

J.
J.

7
7

2,240,000
4,063,000
6,303,000
600,000
4,275,350
1,706,250
1,500,000
1,125,000
600,000
844,000
237,000
2,300,000
254,800
2,395,000
1,300,000
666,000
49,466,500

1,595,000
849,000

A.
J.
F.
F.

....

4,500,000
2,500,000
10,000,000
6,404,000

1,000

....

4

500,000

1,402,000

1,000

4

134

300,000

500 Ac.

500 Ac.

1-7

2,000,000
800,000

5,256,000
2,310,000
1,000,000
1,000,000

1,000
1,000
1,000

.

397,000
2,526,000

April, 1883
Feb., 1897
June, 1899
Sept. ’78,’80,’83
Sept. 1, 1883
Dec., 1892
Ian.’82,’87,’92
July 1, 1919

Q.-M.

r*

300,000
2,000,000
2,000,000

1, 1906

July 1, 1906

....

7 g.
7 g8

660,000

1912
Jan.

.

A O N. Y., Amer. Ex. Bank.
A A
do
do
A 1)
do
do
A S
do
do
A S
do
do
A D
do
do
A J New York and Boston.
Various N. Y., Union Trust Co.
& A O
do
do
J. A J
do
do
F. A A N. Y., Farm. L. A T. Co.
M. A N
do
do

rt

2,960,000

Oct., 1909
Oct., 1890

.

1
I
1
10
7

2,052.000

A O
New York.
A J
do
A J
do
•
A O New York. Co.’s Office.
A J
do
do

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

4

4,625,000

Stocks—Last
Dividend.

.....

rj

1,700,000
1,450,000
5,500,000
3,264,000
4,084,000
2.907,000

1,000
1,000
1,000

A.
J.
J.
A.
J.

....

4,000,000
1,000

....

82
37
1181

Guaranteed 10 per cent stock
Consol. 1st mort., (sink, fund, 1 per cent) coupon.

Indiana))olis, Cincinnati <£ Lafayette.—'The com •
pauy defaulted July, 1876, and Mr. Ingalls, President,
was
appointed receiver. I Gross w earnings, five

100
500 Ac.

....

247
52
247

3d mortgage
Keokuk dt Des Moines—1st mortgage
Funded interest bonds
Knox it Lincoln— 1st mortgage

Lafayette Bloomington it Miss.—1st mortgage
Lafayette Mancie dt Bloomington—1st mortgage
Lake Shore if: Michigan Southern—Stock

.

2,667.000
5,587,150
1,419,400
1,600,000
2,800,000
1,767,000
446,300
353,000
500,000
1,497,000
2,000,000
1,000,000

....

1862
1866
1870

7 g.
8
7 g.
7 g7

500,000

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

.

2

mort.r 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
Arkansas Valley, 1st mortgage, gold, guaranteed
Juuc. C. A Fort K., 1st mort., gold, land gr., guar
Kentucky Central—2d mortgage

Indianapolis, Bloomington <£ Western—Default was

....

1870
1867
1869

9

1st

first made July. 1874, and decree of foreclosure made
in May, 1877. Receiver’s certificates issued to con¬
siderable amount. The Danville, TJrbana. Bloom¬
ington & Pekin is part of this road. ,V. 22. p 16,
61, 110. 257. 375; V. 21, p. 61, 112. 478; V. 24, p. 156,
468, 542, 590; V. 25, p. 62, 162.)

....

.

250

.

Buffalo &

1.000

1,000

1871
1872
1872
1871

I860

2d mortgage
Kansas City, St. Joseph d: Council Bluff's—Stock...
1st mortgage, Council Bluffs A St Joseph
Kansas City, St. Jo. & C. BL, mortgage
do
do
income bonds, reg...
Kansas Pacific—Stock
1st M., 394th to 639tli mile, I’d gr., 3,000,000 ac’s
1st mort., gold, coup., on 140 miles west Mo. Riv.
1st mort., gold, 140tli to 393d mile
2d mort (to U. S. Gov.) on 394m. west Mo. River.

2d

150 Ac
500 Ac

....

41

Jacksonv., Bens.itMob.—Florida State bonds,"gold...
Jefferson (Pa.)—1st & 2d morts. (Hawley Branch)..
1st mortgage (Susquehanna to Carbondale)
Jeffersonville, Madison it Indianapolis—Stock
Indianapolis A Madison, 1st mortgage
Jeffersonville, Madison & Ind., 1st mortgage
do
do
2d mortgage
Joliet it Northern Indiana—1st mortgage
Junction, Philadelphia— 1st mortgage

do

1,000
1,000

■*

38,000

,

pal, When Due,

Rate pe r When Where Pavab-Ie and by
Cent.
Whom.
Pay’ol b

_

$5,000,000
1,500,000
5,500,000

1,000

....

....

Outstanding

1,000
1,000
1,000

1,000

lnt. A II. A G. N. convertible bonds..
do
do
2d mort., (exch’ble for convert.)
Iowa Falls d} Sioux City—Stock

Amount

$1,000

50
100
500 Ac

Bonds— Princi¬

INTEREST OR DIVIDENDS.

Size oi
par
Value.

500 Ac

2d mortgage, guaranteed
International it Great Northern—Consol, stock
International, 1st mortgage, gold
Houston A Great Northern, 1st mortgage, gold...

do

XXi

'

Joliet & Northern Indiana.—Mich. Central offered
to extend with a 6 per cent, bond, but court decided
that total rent must be applied to principal and
interest of bonds; still in litigation.
Overdue in¬
terest was paid May, 1877.
(V. 20, p. 85, 140, 429;
V. 21, p. 110; V. 22, p. t67; V. 24, p. 445.)

Junction {PhilA—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 s^cur.ties,
in V. 25, p. 62.
(V. 20, p. 475; V. 22, p. 233,

495.)
Kansas

Lafayette Bloominqton & Miss.

to Tol. Wab. & W.; now to Laf.

1876

earnings were
$),000,80\ and net earnings $1,280,167, against
$1. 572,850 in 1875. The land grant is in two trusts,
2,<X)8,000 acres in the first, from the 1st to the 389th
mile, and 3.000.000 acres in the ee:ond, from 3^0th 1
gross

p.

304.

Formerly leased

Muncie & Bloom.

(V. 23, p. 353; V. 24, p. 445, 468, 518.)
Lake Shore & Michigan Southern.—Uxq bonds, as
above given, ere the amounts actually outstanding
after deducting those in sinking funds. The semi¬
annual statement to July 1, 1877, showed a surplus
of $354,000, after paying intere-t.
The annual

report for 1876 was published in the Chronicle,
V. 21, p. 418.
The following shows a summary
for the years named :
1874.
1876.
1875.
Miles
1,176
1,175
1,175
Gross earnings.. $13,949,176 $14,434,198 $17,146,130

Operat’g exp’es.
Pacific.— In

22,

Net earnings....
Stock
Total debt

9,574,835
4 374,341

10,531,500
3,902,697

11,152,371
5,993,759

50,000.000

50,0i)0,000

50,000,000

37,524,009

37,774,000

38.035,000

(V. 23, p. 33, 254, 622; V. 24, p. 16, 41S;
16, 63, *<30.)

V. 25, p.

RAILROAD STOCKS AND

xxu

Mib*crlber« will confer

a

great favor by giving

Lake Shore ct Michigan Southern—(Continued)—
Schoolcraft & Three River. 1st mortgage
Kalamazoo Ac Schoolcraft, 1st mortgage

1st mortgage.
stock, 6 per ct. guar.
Jamestown Ac Franklin, 1st mortgage
do

do

Lake

do

1807
1807
1808

Superior it Miss—1st inert., gold, l.gr.,s.f

1803
1809
1809

10

15
202
171
200

19
141
81
123
123
70
31
31
92
158
95
4
10
19
175

M., Idgr’fi(750,000 acs) s.fund (for $3,000,000)

mortgage, sinking fund

Logansp’t, Crawfordsv. ct S. W.of Ind.—1st mort., g.
Long Island—Stock
1st mortgage, main extension and G. C. Branch..
Newtown Ac Flushing
New York Ac Rockaway

Smithtown Ac Port Jefferson
Louisville, Cincinnati dt Lexington—Stock
Preferred 9 per cent stock.
Bonds to State Kentucky (perpetual loan)
Louisville loan (to Louisv/and Frankf’t)

05

Louisville, Cincinnati Ac Lexington, 1st mort

175
175
005

do
do
do
2d
do
Louisville ct 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
...

392
392
130
83
12
20
77
77

2d mortgage

bonds, gold, coup
Memphis Ac Ohio, 1st mort., sterling, guar
Memphis Ac Clarksville br., 1st mort., sterling

Lowell & Lawrence—Stock

Lykcns Valley—Stock
ifacon ct Augusta—1st mortgage
2d mort., endorsed by Georgia Railroad
Macon dt Brunswick—2d mortgage

197*2

1805
1S70
1809
1870
1872

.

.

•

39
20
357
357

consolidated
Bonds ($1,100,000 loan) A. Af. K- RR
Extension bonds, 1870, gold
ist mortgage,

19

Maine Central loan for $1,100,000
Leeds Ac Farmington Railroad loan

38
72

..

m.

1,000

33
90
22
100
270

1,000
50

1808
1870
1873
1872
....

1853
1804
1875
1870

1857
1870
1870
1873
1871
1871

1851
1807
1870

1850
1803
1803
1808
1873
1871
1872

....

Sinking fund has $L4,0u0 bonds.

(V. 20. p. 425.)
Leavenworth, Lawrence A Galveston.—Defaulted
on interest July, 1873. and began to pay half of cou¬
pons ©f 1873 in Jan., 1877. (V. 23, p. 40; V. 24, p. 158.)

Lehigh A Lackawanna.—Operated by Central of

New Jersey as a coal road.

Lehigh Val.—This company's earnings are chiefly
from anthracite coal.

The gross income from all

in 1875-6, was #8,037,247; net #4,194,497.
The Co.’s report gives no details of the construction
sources,

account, nor of the cost or value of its miscellaneous
investments. The Amboy Br. completed, with $9,-

544,038 spent on it to Dec., 1876;

has

debt. A

years is as
1874-5.
1875 6.

foHows:
♦Coal (tone)

no

mortgage

parative statement for three

con

1873-4.

moved... 4,150,660

3,277,527

3,951.513

Gross earnings
Operating expenses..

$6,759,391 $6,046,495 $7,C49,646
3,471,418 3,262,861 3,842,750

Net earnings

$3,2S7,973 $2,783,633 $3,30%896
24,505.447 27,092,297 27,228,920
16,859,000 22,129,000 24,183.000

Capital stock
Funded debt

Floating debt
♦Anthracite.
V. 25. p. 283.)

460.20S

(V. 23, p. 183; V. 24, p. 110;

Little Miami.—This 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. & C. & X )

$223,555.

(V. 20, p. 427; V. 24. p. 420.)
Little Rock & Fort Smith.—Foreclosed Dec. 10,1874.

Re-organized and stock issued for old bonds.
new

The
mortgage is for construction to Fort Smith.

<V.21, p. 418; V. 25, p. 63.)
Little Rock, Pine Bluff A V. O.—Sold in foreclosure
Pec. 10, 1375, for $35,600. (V. 21, p. 535, 613.)




Where

Bonds—Princi¬

pal, When Due
Slocks—Last
Dividend.

Payable, and by
Whom.

1870

1872
1800-1
1870
1808
1871
1801
1803
1805
1870
1871
1809

1870

A. N. Y., Winslow, L. Ac Co.
O. N. Y., B’k of Commerce.
J. New* York and Boston.
N.
Boston Office.
do
F. Ac A.

0
0

M. Ac N. N

5,000,000
2,000,000
750,000
2,040,100
723,500
1,500,000
3,300,000

7
7
3
7
8 g-

T.
A.
J.
A.

....

1,000
1,000
50
500 Ace.
100 Ace.
50
500
500
500
500
50
100

1,000
1,000

1,440,500
100,500
250,000
000,000

2,023,483
851,000
74,519
100,000

3,000,000

1,000

981,000

100

9,003,218
849,000
225,000
77,000

1,000
1,000
1,000
1,000
1,000
£200
£200

1.000

1,000
500 Ace.
500

1,000
100
100
100 Ace.

333,000
7,109,000
2,000,000
3,500,OCR)
2,309,710
200,000

000,000
400,000
370,000
1,100,000
150,000

Cincinnati.

Q.-M.

Y., Bank of America.

1894

Cincinnati.

July 1, 1895
April, 1900
July, 1877
Oct., 1877

Ac J.
Boston.
Ac O. N. Y., Union Trust Co.
Ac J.
Philadelphia Office.
Ac O.
do
Q.-F. N. Y., Jones Ac Schuyler.

M.
M.
A.
M.

Ac

Aug., 1900
1873

Company’s Office.
N. N.Y.,St. Nicholas N.Bk.
I

do
do
do

it N.
Ac O.
Ac S.

July,
May,
April,
Sept.,

do
do
do

0
0
7
8

1*2
0
0
7
0
7
7 g.
7
0 g.
3

2*2

July, 1873

Louisville.
J.
J.
J.
A.
F.
A.

Ac
Ac
Ac
Ac
Ac
Ac

J.
J. N. Y., Bank of America.
Jan.,
J.
do
do
Jan., 1897
O. N. Y., J. B. Alexander.
April. 1900
Louisville.
A.
Aug. 10, 1877
O. N. Y., Drexel, M. Ac Co. 1880 Ac 1887
1880
do
do
Various
M. Ac N.
Louisville.
Nov., 1880-’S5
A. Ac O.
do
Oct, 15, 1893
A. Ac O. N. Y„ Drexel, M. Ac Co.
April, 1898
Nov. 1, 1883
M. Ac N.
New York.
J. Ac D. London, Baring Bros.
Dec., 1901
F. Ac A.
do
do
Aug., 1902
Boston.
April 2, 1877

i881

....

J.^

(0

Philadelphia.

Q.—F.

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

Ac
Ac
Ac
Ac
Ac
Ac
Ac
Ac
Ac
Ac
Ac
Ac

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

2,450,000
1,050,000
2,500,000

3 s.
3 s.
7
7 g7

3,000,000

8

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

Ac
Ac
Ac
Ac
Ac
Ac

S.
S.
A. Balt., R. Garret Ac Sons.
London.
A.
N. Balt.. R. Garret Ac Sons.
do
do
J.

033,000
425,000
217,300
1,100,700
150,000

000,000

1,500,000
1,408,912
8,130,719

4^400,368

7

7.
7
7
7 g.
5

1890
1903
1901
1901

June, 1809

3

4*2

J.
A.
A.
A.

1887
1879
1889
1879

Oct., 1890
May 1, 1877
....

Little Schuylkill.—Leased and operated by Phila¬
delphia & Reading. Dividends, 7 per cent.
Logansport, CraufordsVille A S. W. of /n^.—De¬

of sale made.
The totalTiabilities. September
1875. reported at $4,097,600, of which $32.’,000 were
receiver’s certificates. (V. 22, p. 63; V. *23, p. 428.)

cree

Long Island.—Gross earnings, 1874-5, $828,839;
In January, 1S76. a sale of stock was
made to Mr. Poppenhusen, and this ro id has since
leased the Flushing No Shore & Central, and the So.
of L. I
and all are operated together.
(V. 22, p.
135, 158, 375, 447; V. 23, p. 112.)
Louisville, Cin. A Lex.—There are also $60,090 old
bonds anJ $374,000 8 per ct. mortg. bonds of 1872
due 1902, and $1,582,500 7 per ct. mortg. bonds of
ls73 due 1903.
The company defaulted on interest
1873-4. Sale in foreclosure noticed for Dec 4, 1876,
was postponed.
(V. 23, p. 16, 63, 135, 329, 576, 599;
V. 24, p. 170, 469, 565; V. 25, p. 16.)
Louisville, Mew Albany A St. Louie Air-Line.—
This road is projected from Louisville to St. Louis,
net, $213,503.

,

To

Jan., 1892
1, 1902
June 9, 1877
May, 1883

May

Various

\

1898 Ac 1923

do

7
0
0 g.
7
0
0
0
0
0 g.
7
7
7 g-

2,790,500

3003)00

and has 28 miles built.

do

Philadelphia Office.

M.

000,000
1,000,000
3,020,120

1

....

7
7
7
7

June, 189S
Sept., 1910

Philadelphia Office.

J. N.Y.,M.K. Jesup,P.AcCo.
J.
do
do
O. N.Y., M.K.Jesiip,P.AcCo.
O.
O.
New Y'ork.
N. Manchester and Boston.

490,500
750,800

1,000

Ac D.
Ac S.
Ac D.
Ac J.
Ac N.

....

■

1892

Feb., 1897
Oct. 15, 1877

Ac
Ac
Ac
Ac
Ac
Ac

1 100 000

100
100
500 Arc

J.
M.
J.
J.
M.

1, 1839

July, 1899
May, 1890

Philadelphia Office.
Rag.atoffiee, cp.B’kN.A

Q.-J.

1,500,000
525,000

1,000

Oct.

....

50

1,000

,

July, 1877
Aug., 1895

Pittsburg Office.

Ac
Ac
Ac
Ac

F.
A.
J.
M.

1,000
1,000

1.000

50
50
50

....

J.
Coupons are paid by f July 1, 1887
J.
Chase Ac Atkins, 18 |
July 1, 1887
J.
July 1, 1888
Broadst., N. York, '
O.
and registered in] April 1, 1877
J.
terest
by Union | Var. to July,’97
D.
Trust Company.
( June 1, 1894
J. N. Y., Boston Ac Phil a.
Jail., 1899

Q.-J.

7
7
10
10
8
7
1
0
7
6 g.
7
7
2

-

Ac
Ac
Ac
Ac
Ac
Ac
Ac

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

27,092,297
5,000,000
0,000,000
13,180,000
1.097,000
1,545,000
4,003,000

1,000

ioo
1807
1809
1809

100,000
300,000

ff.

21s

450,000
341,000
500,000
5,000,000
720,000

1,000
1,000

mortgage, sterling
2<1 mortgage

at 40 per cent on gross earnings. Lease transferred
to Pennsylv’a Company. Net earnings, 1875, $84,177.

500,000

4,500,000

1,000

l&t

Lawrence.—Leased to Pittsb., F. Wayne & Chic,

433,000

1,000
500 Ace.

do
2d
do
1st mortgage, dollar

mortgage

8
8
8
3
7
7
7

840,000

•

-

Equipment bonds
Madison dt Portgaqc—1st mort., gold
Manchester dt Lawrence— Stock
Maine Central—Stock

Lake Superior & Mississippi.— Land grant, 1,632,
000 acres. Foreclosure sale took plsc<5 jMay 1, 181 4 ;
re-organization made as St. Paul & Duluth. (V. 23,
p. 33, 329; V. 24, p.249, 370. 120; V. 25, p. 79, l!4.)

Payable

100,000

50

17
21
145
33

Little Rock, Pine Bluff ct N. O.—1st mortgage
Little Schuylkill—Stock

3d

When

Cent.

$100,000

$....

OD

Little Miam i—Stock, common
1st mortgage
Street connection bds (jointly with Cin. Ac Ind.KIl.)
Little Rock, d: Fort Smith—New stork

Androscoggin Railroad, Bath City loan
Portland Ac Kennebec, 1st mort., extended
do
do
consolidated mortgage
Belfast Ac Moosehead, 1st mortgage
Mansfield, Cold water ct L. M.—1st mortgage .
Mansfield dt Framingham—1st mortgage.T
Marietta, Pittsb. ct Cleveland—1st M., $14,000 p.
Marietta dt Cincinnati—Stock, common
Stock, 1st preferred

Rate per

010,000

51
51
15G

2d mortgage

Lehigh dt Lackawanna—1st mortgage
Lehigh Valley—Stock, common ami pref
1st mortgage, coupon and registered
x
2d mortgage, registered
Gen. mort., gold, $ Ac £ (s.fd. 1 p.c. y’ly)eoup. Ac reg.
Delano Laud Company bonds, endorsed
Lewisburg Centre ct Spruce Creek— 1st mortgage...

1st

Outstanding

.

Laicrence—Stock
1st mortgage
Leavenworth Atch. <£• .V. If.—1st mort., guar
Leaven., Law. ct Calr.—1st molt., l.gr. ,s.f., couv
Kansas C. & Santa Fe, 1st mort., guar
Southern Kansas, 1st mort., guar

1st

Amount

r

12
13
58

Allegan Ac (ir. Rapids,

do

immediate notice of any error discovered in tUese Tables.

Miles Date
Size, or
Par
of
of
Road. Bonds. Value.

explanation of column headings, Acc., see notes
at the head of first page of tables.

Kalamazoo,

[September 29, 1877.

INTEREST OR DIVIDENDS.

DESCRIPTION.
For

BONDS

A.

Bost., Nat. B’k Com’ree.
Dost., N. Bk. Commerce
do
do
do
do
Portland.

Bost.., Nat. B’k Com’rce
Portland, Me.
Bost., Nat. B’k Com’rce.

April

i,

1912

1890 to 1891

Oct.,

July,
Julv,
July,
A;'.ril 1,
Oct.

1900
1898
1901
1891

„

1883

1, 189.5

May 15, 1890
Oct., 1911
Boston, Bost. Nat.Bank. July 1, 18SO
N. Y., Winslow, L. Ac Co. Aug. 1, 1895Belfast and Boston.

Sept., 1866
Sept., 1800
Aug. 1, 1891
Aug. 1, 1891
May 1, 1896
July 1, 1890

& Superior.
No bonds could be negotiated after
the “Potter law.” (V. 21 p. 15.)
Manchester A Lawrence.—Formerly operated with
the Concord RR. as one line. Net earnings 1876-7,.

$100,435. against $100,686 in 1875-6.

(V. 25, p. 39.)

Maine Central.—'The Maine Central leases several
roads.
The report of
the. year’s operations,

December 31, 1876, had the following:
earnings for the year 1876 have been
$1,731,933; operating expenses, $1,042,081; net
ending

The total

earnings, $6*9,851- sufficient to pay all operating
expenses, interest, coupons and rents, and leave a
small ba’ance. The report of the Treasurer ex¬
hibits the following general result, viz.:
Traffic receipts
$1,726,497
Receip s from rents and wharfage
5,135
Receipts from dividends Newport & Dex¬
..
300
ter Railroad stock

$1,731,933

Total income
Deduct working expenses

1,542,C81

be sold ir. foreclosure.

(V. 20, p. 16, 357, 453; V. 21,.p. 86: V. 22, p. 8*8.)
Louisville & Nashville.-In 1876-7 surplus above
interest was $350,009, and a div. of 1)4 p. c. is to be

Eaid
out and
of this.
earnings
of main stem,
1875-6. $4,961,490;
ranches,
leasedGross
lines in
net,
$1,967,960; surplus, $207,092, after paying interest,
&c. Nashville & Decatur is leased, and liabilities
for the South & North Alabama are assumed.
(V.
23. p. 279, 3 7 6, 473; V. 24, p. Ill; V. 25, p. 41.)
Lukens Valley.—Leased to Summit Branch Rail¬
road at $62,500 per annum. (V 25, p. 113.)
Macon A Augusta.—Leased and operated by the
Georgia Railroad, which guarantees all the bonds
except $’.90,000 of first mortgage. Gross earnings,
1875-6, $108, ;90; net, $13,836. (V. 21, p. 157.)
Macon A Brunswick.—This road was sold June 2,
1875, and bought for the State; offered again for
sale or lease January, 18:6. and again'Jan., '77. The
Georgia Legislature declared fraudulent $600,000 of
the endorsed bonds and issued State bonds to take
(V. 24. p. Ill, 181.»
up the rest.
Madison A Fortgage.—Consolidated as Chicago

$689,851
Deduct for interest & dividends.
Deduct for rents of leased lines.

$597,344

54,000— 651,364

Balance to credit of profit and loss acct.
$33,486
There are also carried to the creditor profit and
loss account $116,600, for discount or scrip and
stork exchanged,less the discount on
sold. There nas been a decrease of $62,'35 in the

M. C. consols
outstanding liabilities of the company during the
last fiscal year. (Y. 22, p. 350; V. 24, p. 344; V.

25, p. 187.)

„

Mansfield, Coldw.A L.M.—Leased by Penn.Comply
for net earnings.
Sold in foreclosure Aug. 28, 1877,
for $500,000. (V. 22, p. 42; V. 25, p. 237.)

Mansfield A Framingham.—Leased to Boston,
hbmg, at 25 per cent ot gross earn¬

Clinton & Fit'

ings.

Consolidation made June, 1875. (V. 20, p.

615.)

Marietta, Pittsb. A CleveThere are also consol,
mortgage bonds, $2,850,00*, 7s, gold, due Dec., 1903.
Sold in foreclosure June, 1877. (V. 24, p.,370, £65.)
Marietta A Cincinnati.^-Gross earnings for the

Seftembeh

RAILROAD

20, 1877.]

Subscribers will confer a

STOCKS

AND

BONDS.

xxiii

great favor by giving Immediate notice of auy error discovered In these Tables*
<

DESCRIPTION.

Marietta dC: Cincinnati—(Continued)—
4th mortgage for $ t,0<)0,000
Scioto Ar Hocking Valley UK., 1st mortgage

Balt. Short Line, stock, 8 p. c. guar bv M. & C...
do
do
1st mort., guar, by M. St C
Cincinnati At Baltimore RR., stock
do
do
1st mortgage
Marquette, 11. d O— 1st mort., I’d gr., M. At O., coup.
1st mort., I’d gr., H. St O., coup
lid mort., land grant, M., II. At O., coup
3d mort.,
do
do
do

....

....

....

....

....

....

30

5*2
...»

50
44

94
109
54
54
291

Maryland tC Delaware—1st mortgage
2d mortgage
Memphis d Charleston—stock
1st mortgage, convertible
2d mortgage.
Consolidated mortgage
Tenn. loan substitute mortgage
Memphis <£■ Little Hock—1st mort., 1. gr

291
94
131

2d mortgage

Michigan Central—stock
1st mortgage, convertible,
sinking fund

509
284
284
281
103
10

1st mortgage, convertible

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

Equipment bonds

do

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

...

.

100

Tennessee State loan

i

,ob’o

1800

2d mortgage, coupon, may be registered.
Mobile (€■ Girard—2d mort., end. bv Cent. Ga. RR..

Mobile & Monty.—Stock, (Authorized $3,022,517.).
Mobile d Ohio—Stock
Convertible 8 per cent bonds

780
182
100
780
780
70
299
283
283

299

15h2
101
101
85
180
510

1,00*0

....

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

1872
1809

1872
1872
1805
1808
1870
1871
1809
1809
1870
1875

Interest bonds, sterling
Tennessee subs., 1st mortgage, sterling.

Special mortgage (Mississippi, Gainesville At Tex.)
2d mortgage
Consolidated mortgage, gold (for $15,000,000)...

21

year 1876 were $1,«37,05*2; expenses, $1 291,870; net
(earnirjgs, $345,181, against $371,424 net earnings in
11875. 'Dae Baltimore & Ohio Railroad made large
ad.vanoes Tor construction, &c., and when the- B.
,& O. ceased ito supply money, a receiver was ap¬
pointed in suit to foreclose the 4th mortgage. (V.
22, p. 208; V. 24, p. 214.)

80

80

p. 468.

1,000
1,000
1,000

154.000
783,000
2,001,000
880,000
1,100,000
2.134.000
500,000

8
8
8

7 g
8
7

3,909,000
320,000
500,000
000,000
1,254,500
316,774

10
7 g7 “
8
0

1808
1870
1871-3
1870
1870

1,000

100 Arc.

21,405,000
2,049,000
349,000
14,752,000
5,157,000
708,000
800,000
7,000,000
2,050,000
800,000
700,000
4,000,000
500,000
5,000,000
1,947,000
300,000
2,794,800
5,320,000
977,550
5,643,000
1,517,300

£100Atc

709,920

100

1,000
1,000
500 &c.

1,000
100

1,000
1,000
500 Ate.

1,00*0
1,000
1,000
500 Arc.
100
100

1,000
£225

1,000
....

Marquette, Houghton & Ontonagon.-^Thia is a
of Marquette & Onlonason and
Houghton & Ontonagon. Lands .anturunt to 425,acres, chiefly timber and mmeral.
Stock,
$2,306,600.
Maryland & Ddaioare.—This line was leased by
New Jersey Southern, to form part of tho
through route. Lately, decree of foreclosure Was
made. (V. 2J, p. 242; V. 21 p. 567, 615.)

the

Memphis & Charleston—'This road was leased to
the Southern Railway Security Co., but in 1874 the
(lease was cancelled and Mr. R. T. Wilson, President
iOf the East Tenn. Va. & Georgia
road, was elected
’President. Net earnings, 1-75-6. $321,230. In Juno,
1877. a lease was m irie to the East Tennessee Vir¬
ginia & Georgia Railroad Company.
V. 24, p. 519, 565; V. 25, p. 255.)

(V. 23,

p.

304;

Michigan Central.—The annual report to May 31,

3 ha

6 g.
7 g.
7

<r

0
7 g.

6

4
■

g.

7
8
7
rr
4

6 g.
10
10
8

1,008,000
53,000

1,451,207

8
7
*

100 Arc.

200,000

1,800,000

1867
1870

1.00 Arc.
1,000
1,000

(r

O’

rr

i

7
8 g.
8

1,040,000
330,000

133, 403, 451, 499; V. 24,

p.

16,

Michigan Lake Shore.—Defaulted
receiver’s

hands.

(V. 18,

1872. and in
248, 504; V. 21, p.

p.

110.)

roads
represented by Messrs. Turner Brothers in New
York, of which Benjamin E. Smith was president.
Default in interest was made in February and
August, 1875.
was

one

of

the

p.

233.)
Milwaukee, Lake Shore & Western—Sold in fore¬

closure for $2,509,788, Dec. in. 1875. Interest paid on
first mortgage June, 1876. (V. 21, p. 277, 591.)

$70,000 per year on the stock,

one-third of

1875.

Detroit & Day City




earnings given in V. 24,

May 1, 1896
Jan., 1877
Dec.

1904

1.

May 1, 1877
Jan. 1
1900
,

June 1, 1892

July 1, 1891
Aug. 1, 1892
Sept. 1, 1903
Nov. 1, 1885
Dee. 1,1889

l,‘i880

Jan. 1, 1885
Jan. J, 1913

M. Ar N. N. Y.,

Swenson, P. ArCo.

May 1, 1890

New York and Boston.
Boston Office.

Oct. 1,1882

do

Oct. 1,1882

J. & J.
A. Ar O.
A. Ar O.
M. Ar N.
J. Ar J.
M. Ar N.
A. St 0.
M. & N.
M. At N.
J. Ar J.
M. A: S.
J. Ar J.
M. Ar N.
M. Ar N.
J. Ar JM. Ar S.
M. Ar N.
M. Ar S.
J. Ar J.
F. Ar A.
J. Ar D.
J. Ar D.
J. Ar J.
J. & J.
J. At J.
A. Ar 0.
J. At J.

N.

May

Jan.,

i.873

Y., Farm. L. Ar T. Co.

May 1,1902

do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
New York and Boston.
N. Y., Farm. L. Ar T. Co.
do
do
do
do
do
do
N. Y., Winslow, L. St Co.
N. Y.t Turner Bros.

Jan. 1,1890
1890

April 1, 1883
Nov. 1, 1890
Nov. 1, 1890

July 1, 1886
July 1, 1879
July, 1877
May 1.1902-3
1902

July 1, 1885
March 1, 1878

May 1, 1890

Sept. 1, 1891
1889

Aug., 1899

N.Y'., Merch. Exc. N.Bk.

Dec., 1901

N. Y., S. S. Sands Ar Co.

June 1,1895

Philadelphia, P.Ar R. Co.
Detroit, 1st Nat. Bank.

July, 1877
Jan. 1,1890
1890

Memphis, Oltiee.

April 1, 1876

do

J. At J. N. Y., Union Trust Co.
J. Ar D.
do
do
Various
do
do
A. Ar 0.
do
do
M. Ar N.
do
do

Jan., 1899
June, 1903
1904-1906

April 19,1911
May, 1890

F. Ar A. N. Y\, Company's Office.
J. A: J.
do
do
M. Ar N.
do
do
St. Louis.
mont’ly
M. Ar N. N. Y., Company’s Office.
A. Ar O.
New York.
J. Ar J.
Boston, Co.’s office.
A. Ar O.
do
do
J. Ar J. N. Y., Nat. City Bank.

Q-M.
M.
M.
M.
J.
M.

Aug., 1888
July, 1891
May 1, 1892
Feb., 1885
Oct. 1, 1893
Jan. 1,1899

April 15, 1890
Jan., 1889

New York.

Dec. 1,
Nov. 1,

Ar N. New York and London.
Ar N.
Mobile.
Ar N.
London.
Ar J. New York aud London.

Ar N,
March

1883
1883

1876 and ’83
1883
1901

Mobile.
do

1877-1882

J. Ar J. New York or London.
F. Ar A. New York, Co.’s Office.
M. Ar 8.
do
do
M. Ar S. N. Y., G. Opdyke Ar Co.
J. Ar D.
do
do

Jan. 1, 1904

March 1, 1886
June 1, 1900

interest charge now (under adjustment with bond¬
holders) is $776,398. Land grant is about 4,565,142
hcres.
August, 1877, new default was made. (V.
23, p. 40, 183, 647; V. 24, p. 442; V. 25, p. 154, .87.)
Missouri Pacific.— Net earnings from Mch. 8. 1870
$830,970. This is the condition of
reorganized after the sale of the

to April 1, 1877,
the company as
road under 3d

mortgage, Sept. 6,1876, for $3,000,000.

Stockholders of old Company have brought suit to
(V. 23. p. 10, 86, 208, 256, 279, 304,
330, 3.54, 428, 451, 525, 576; V. 24, p. 16 64, 112, 136,
421; V. 25, p. 235.)
annul the sale.

Missouri River, Fort Scott &

Gulf.— The stock is
Interest paused Oct. 1873, and subsequentlv. Net earnings, 1876. $372,114. (V. 21, p.
15; V. 22, p. 470, 495; V. 24. p. 493, 565.)

$5,950,000.

Mobile

&

Girard.— The

Central

Georgm endorses these bonds.
Mine Hill & Schuylkill Haven.—Leased to Phila¬
delphia & Reading, May 1864, for 999 years; 8 per
cent dividends on stock.

Mineral Point..—Total receipts 1873,

and interest, $130,6.4
$1,200,000.

24, p." 542.)
Mobile &

;

$128,121;

ex¬

cost of road, Arc.,

Mississippi, Ouachita & Red River—Land grant
acres.
Sold in foreclosure, Dec. 16, 1875,
000. (V. 2), p. 405; V. 21, p. 535, 613.)

257.000
for $25

debt is assumed by Michigan Central, which also

which it owns
Interest was passed on the
Detroit & Bay City bonds, not guaranteed, Nov.,

do
do
J.
do
do
D. Balt., Merch. Nat. Bank
N.
do
do
J.
do
do
D. N. Y., Company’s office.
J.
do
do
A.
do ' '
do
S.
do
do
N. Dost., Bk. of Commerce.
D.
do
do

,

Milwaukee & Northern.—Two coupons were paid
in stock, but cash payment was resumed in July,
1876. It is leased to Wisconsin Central.
(V. 22,

1877, will show gross earnings on main line and
branches of $6,483,000, and net earnings, $1,177,000.
Mississippi & Tennessee.—Stock, $825,400. Net
Net floating debt, May 31, 1876. $728,510; May 31, earnings 1875-6, $241,798. V. 22,
p. 181; VV23, p.
1877, $400,000.
The Jackson Lansing & Saginaw 621; V. 25, p. 154.
pays

Balt., R. Garrett Ar Sons

....

8
0 g.
8
0 g.
7 g.
8

,1875

Ar
Ar
At
Ar

Slocks—Last
Dividend.

M. Ar N. V. Y.. R T Wilson Ar Co
& J.
do
do
& J.
do
do

....

468; V. 25, p. 11.)

penses

Memphis
Little Rock.—Sold in foreclosure April
27, 1877. (V. 21, p. 15; V. 22, p. 471; V. 24, p. 16,
170, 469; V. 25, p. 41.)

8
8

(?)

1,000

Midland Pacific.—This

•consolidation

'

1,000

(V. 23, p. 16,

‘>lo

1,315,000

1,000

1871
1871

8
8
7
8
8
8
8
8
8
8

■

1,000

50

1870
1873
1809
1870
1869

4S.

8
8

1,000

Ar
Ar
Ar
Ar
Ar
Ar

Where Payable, and by
Whom.

4

8

500,000
491,200

1,000

& N.

pal, when due,

J.
J.

424,000
1,900,000

1808
1870
1856
1800

1808
1871
1872

...

M.
.1.
J.
M.
J.
J.
J.
F.
M.
M.
J.

7
7
7

1,000,000

50 Ate.

1874
40

7
4
7
8
8
8
10
0
0

1,900,000
200,000
000,000
0 10,000
70,000

100 Arc.

Montclair d G. Lake.—1st mort, new ($700,000)
2d mort. (issued for old firsts)
Montgomery d Eufaula— 1 mort., end. by Alabama.
1st mortgage, not endorsed

750,000

550,000
8,000,000

1,000

1873
1853

1st mortgage, "sterling
Interest bonds
.".

1,125,000

4

18,738,204
2,179,000

mortgage for $2,100,000

Missouri, Kansas d 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 $50,000 per annum)..
Real estate (depot) bonds
.*
Debt to St. Louis Comity (no bonds)
3d mortgage
Garondelet Branch, 1st mortgage
Missouri R., Fort Scott d Gulf— 1st m. 1. gr. s. f

7

1,000,000
1,158,000
750,000
1,300,000
1,000,000

100

230
57
57
120
147
140
32
35

....

300,000

5,312,725
1,293,000

1873

1800
1809

110

Payable

150,000
25

94
94

iio

When

Cent.

1,200,000
500,000
1,910,000
2,000,000
840,000
700,000
850,000

....

do

stock, guar
Detroit St Bay City 1st mortgage, endorsed
do
do
mortgage (not guar M.C.)..
Jackson, Lansing St Saginaw 1st mort
i s
do
2d mort., conv. ( p/7®
do
1st mort. (N. of Win.), conv.
f p ~Tc
do Cons. in. on whole line (300m.)
J £3u
Michigan Lake Shore—1st mortgage
Midland Pacific—1st mortgage, gold
Milwaukee <£• Northern—1st mortgage
Milwaukee, Lake Shore d Western—1st m., gold.
Mine Hill d Schuylkill Haven—stock
T.
Mineral Point ( Wis.)—1st mortgage
Mississippi, Ouachita d Red River—1st m., gold...
Mississippi d Tennessee—1st mortgage... .7t
Consolidated bonds
New

1,000

....

Rate per

$2,004,000

ioo

1872
1871
1872
1873

39

39
'

Outstanding

....

1874
1870
1870

....

Kalamazoo & South Ilaven, 1st mort., guar
do
do
2d mort,, guar
Grand River Valley, 1st mort., guar.
5....
do
do
2d mort., guar

Amount

$....

1809

Bonds— Prinei

INTEREST OR DIVIDENDS.

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.

Missouri, Kansas & Texas.—The latest report was
p. 442. Gross earn¬
ings 1876. $t,217,278; net, $1,371,883, against $1,360,103 in 1875. Net income 1876, $1,215,999.
Annual-

given in the Chronicle, V 24.

Railroad of
p. 549; Y.

(V'. 23,

Montgomery.—Sold in foreclosure. No¬

vember. 1874, and stock issued to old bondholders.
Old mortgage debt jet out. $275,000.
Annual
report, V. 24, p. ISO.
(V. 22, p. 280; V. 24, p.

495.)
Mobile & Ohio— Foreclosure pending. Plan of
adjustment (see V. 23. p. 451). Gross earnings year
ending Aug. 1, 1876, $ .,981,569; net. $170,608. (V.
23, p. 112, 18-I, 451, 5 »9; V. 24, p. 136, 151. 198, 227,
219, 565; V. 25, p. 17.)

Montclair & Greenwood Lake— Re-organization
old Montclair road sold in foreclosure.

of

Montgomery & Eufaula.—To be sold in foreclosure
(V, 23, p. 183; V. 24, p. 590; V. 25, p.

Nov. 12, 1677,

RAILROAD' STOCKS AND

3TZIV

Subscribers will confer

a

DESCRIPTION.

of tables.

Miles

23
137
84
84
•

do

coupon or registered.

....

68&70

500
100

200,000
800,000
200,000
2,000,000
800,000
005,000
525,000
2,400,000
1,294,000
885,000
200,000
3,000,000

1809
1870
1870
1871
1873
1809

(for $12,000,000)

100
100
100
140
200
200
237

1805
1872
1871
1856
1800

....

350
....

842
....

....

....

.

.

.

.

....

....

840

840

1st

mortgage, new
New York, New Haven, d Hartford—Stock
Harlem <k Portcliester, 1st mortgage guaranteed.
N. F. d Oswego Midland—1st mortgage, gold
2d mortgage, convertible
2d mortgage, non-convertible
3d mortgage, equipment

Sold

c

Newark Somerset & Straitsv.—Leased to Sandusky
Mansfield & Newark. Guaranteed by Balt. & Ohio
New Castle & Beaver Valley.—Leased to Pitts¬

1,000
.

1,000
100
100 ike,
500 <fcc.

'

1,000
1,000
1,000

....

,

.

.

....

.

1809
1874
....

1853
1854
1853
....

1854

1,000
£100<kc
100
500 ike.
500 &c.

1,000

1,000
1,000

....

1873
1873

....

1,000
1,000
50
50

....

1,000

GO
150

500 ckc.
500 ike

86
139

1804
1870

141

12*4
334
225
225

l,0(fc
1,000
100

....

1873
1809
1870
1871

....

100 ike.
....

....

_

•

•

•

02

New

100

.

1803
’58-’G0
1809 r

Rate per
Cent.

7 g.

3*2
7
7
7
7
7
7

1*2

212
7
3
7
6
7

7 g7
7 g7
6
7
7
7 g.

1,000

or

6,632,900
74,500
592,000
162,000
2,391,000

1,550,000
10,500,000
107,704
1,500,000
2,500,000
5,685,000
928,000
343,000
15,500,000
2,000,000
8,000,000
2,500,000
1,500,000
3,800,000
1,200,000
3,000,000
76,000

1,000

250,000

1,000

837,000

Jersey Southern.—This

134

89,428,300

7,500;000

was a

.

came




•

F.
F.
M.
M.
A.
M.
A.
M.

•

•

do
do
do

1889

■

Oct., 1901
Juno 1,1915

April 2, 1877
1881 and ’91

July 1, 1913
Jan.

•

& A.

ck
&
<fc
&
«k
&
&

N.

Q.-J.

Y., Co.’s Office.

New London, Office.

O. N. Y., B’k of N. America
D.
do
do
J. New York, Co.’s Office.
J. N. Y., J. B. Alexander.
O.
do
do
N.
N. Y., J. L. King.
r
A.
do
' do
J.
do
do

Q-J.

New York, Co.’s Office.

London, Baring Bros.
Gr. Central Depot.

N. Y.,

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

&
ck
ck
&
ck
&

J. N.Y., Gr. Central Depot.
J.
do do
N.
do
do
J.
do
do
O. N. Y., St. Nich. Nat. B’k.
J.
New York.

7
7
5
6 <fc 7
7 g7
7
7
7
2^0
6
6
7

consolidation of

ending June 30. 1875, $3,184.32G; net, $1,363,943.
as a connecting line with Illinois Central.
Receiver appointed March, 1876, and Jackson roid

year

Operated

sold March 18. 1877, for $1,059,000. in fore¬
closure of conscd. mortgage by Ill. Cent. RR. Misj.
Central
was
sold
under
c >nsolidated
mort¬
was

pending.

(V. 22 p. 417,471, 545, 568, 615; V. 23, p.
160.)
New York & Canada.—'The bonds are guaranteed

New York Central & Hudson River.—The consoli¬
dation of N.Y. Central with Hudson Rivei was made

as comnarcd with 1874-5. The Harlem
RR A'as leased April, 1873. The following is a com¬

M. <fc S.
J. ik J.
J. & J.

May 1, 1877
July 16, 1877
Nov. 1, 1889
July, 1877
1898 to 1900

Oct., 1874

do
do
do
do

do
do
do
do

N.Y,, Grand Cen. Depot.
do
do

do
do

-

18S1

April 1, 1903
May 1, 1900
Apr. 1, 1877
Sept., 1885
July, 1892
Jau. 1, 1915
July 1, 1886
Oct. 1,1890
Nov.’74,’79 84
1886
1880

Aug. 1, 1874
May 1,1889
May 1,1904
Oct. 15,1877
May 1,1883
May 1,1883
May 1,1883
May 1,1883

Dec. 15, 1887

June, 1885
1, 1903

Jan.
Jan.

London.

'

Boston.
do

1891
1895
1881
March 1, 1893
Nov. 1, 1889

Q.-J.

F. ck A.
M. <k N.
J. & J.

1884

-

N.Y., Grand Cen. Depot.

Jail., 1905
July 2, 1877
1903

N. Y., G.
do
do

N.

Opdyke <fc Co.
do
do

.

July 1, 1894
May 1, 1895

May, 1890

Y., M. Morgan’s Sons. Aug.

id, 1877

do
do

do
do

1878
1878 & 1881

do

do

July 1, 1899

Gross

Net

Funded

Costof r’d

Receipts.

Receipts.

Debt.

&equip't.

1875-6. .$28,043,588 $11,922,417
1873—1.
1872 3
1871-2

1, 1903

July 2, 1877
July 2, 1877
May, 1900
Jan. 1, 1881
Oct., 1902
July 1, 1902

....

J. & J.
M. tk N.
M. & N.

1917

April ’80 <k ’82

A.
do
do
S. New York and London.
N.
N. Y., Co.’s Office.
O.
do
do
S.
do
do
O.
do
do
N.

&
&
&
<k
&
ck
&
&

1,

July 1, 1900
Oct., 1887

Jan., 1899

4
4
7
7
7 g.
7 g

7

vision of this road was so’d Nov. 18, 1S74. Interest
in default since 1872.
(V. 21. p. 231, 535; V. 22, p.
233, 352, 508; Y. 23. p. 379; V. 24, p. 370.)
New Orleans, St. Louis & Chicago.—Gross earnrasrs

years:

J. & J.
A. <fc 0.

6 g.

7

tion, V. 21, p. 466. Foreclosure May 22. 1877. (V. 21,
p. 466, 489; V. 22, p. 422; V. 24, p. 347, 46).)
Neiv Jersey West Line.—In foreclosure.
(V. 19,
p. 640; V. 20, p. 383: V. 22, p «5». 400.)
New London Northern.—1Operated under lease till
1891 by Vermont Central for $150,000 a year; in¬
come of Co., in 1S75-8. $160,620. (V. 23, p. SOi».)
New Orleans, Mobile <fe Texas.—The Western Di¬

parison for five

1914
1891
1900

....

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

several roads. Net earnings. 1875. $109,276. Interest
in default since October, 1873.
Plan of re-organiza-

machinery,

Newcastle, Penn.

ck
&
ck
&
&
&
«fc
ck

Nov. 1, 1869. The scrip dividend on N. Y. Central of
83 per cent was made in Dec., 1868. On consolida¬
tion, another 27 per cent was distiibuted on Central
stock and S5 per cent or Hudson. The mortgage
loan for $10,600,000 was to retire prior debt, and the
balance for third and fourth track, <£c. In 1875-6
the Comm ny lost nearly $1,009,000 on
gross receipts,
and saved $1,603,887 on cost of maintaining road and

After the panic of 1873 the road

N. Y., Union Trust Co.

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

256; V. 24, p. 136, 158, 249. 299, 321; V. 25, p. 255.)

back without sufficient rolling st~ck and without
means to pay interest.
The bondholders funded
coupons, but default was again made. (V. 23. n 329.
525; V. 24, p. 158. 321,370, 519; V. 25, p. 114, 237.)

1890

July 2, 1877

1893

Bridgeport, Conn.

Various N. Haven, E.S. Scranton
New Haven.

F. tk A.
M. ck N.

by the Delaware & Hudson Canal Co. Road opened
through Oct.. 1675. (V. 21, p. 207; V. 24, p. 189.)

$400,009.

11887754--56.,

Bonds—Priuci
pal, When Due
Stocks—Last
Dividend.

N. Y., Union Trust Co.
N. Y., Del., Lack & W.
do
do
do
do
do
do
do
do
do
do
do
do

Q.-J.

7 g.
6 g.
2
6
6
6
6
6

tion of the Hackensack & N. York and Hackensack
Extension. The old bonds are about S'iG0,000. 7 p.
c., due May, 1890.
Receiver appointed Aug., 1876.
Plan of re-organization. V. 24. p. 299, 321. (V. i'3.

leased to the New York Midland for 7 per cent on
its cost; it had at the time a floating debt of about

Whom.

A. & 0. New York <fc-Nashville.
N. Y., V. K. Stevenson.
J. & J.
J. <fc J. N. Y., V. K. Stevenson.
J. & J.
New York.
J. & J. N. Y., Drexel, M. & Co.
A. ck O. Nashville, Co.’s Office.
M. & N.
Boston & Nashua.

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

gage August 23, 1^77. (V. 23. p. 16, 160, 622; V.
24. p. 40, 158, 204, 275, 565; V. 25, p. 212.)
N. Y., Bos. & Montreal.—Proposed consolidation
of several roads from N. Y. to Rutland. Co. defaulted
in 1H74 and now in hands of receiver; foreclosure

New Jersy Midland.—Defaulted after the panic of
1873 and funded coupons. The company, having
exhausted its capital and credit in construction,

ik J.
<fc N.
& A.
& J.
<fc A.
& 0.
& D.

6
7
7 g.
8
8
7
8
7

burgh, Fort Wayne & Chicago, and lease transferred
to Penn. Company. Net earnings, 1875, $2:9,5:34.
New Haven & Derby—Net earnings 1973-1, $24,832.
New Haven city guarantees $225,000 of the bonds.
New Haven & Northampton.—Gross earnings,
1875-6, $570,397; operating expenses, $360,1:67; net
earnings, $204,429. (V. 21, p. 590.)
New Jersey & New York.—This was a consolida¬

p.

Q-J.
J.
M.
F.
J.
F.
A.
J.

Where Payable, and by

....

300,000

1,794,000
18,465,000
9,733,333
1,500,000
1,730,000

Payable

4
6
7
6
7
6 g2
6 g..
5
J. & J.
7 g- M. & N.

910,000
2,120,000
120,000
1,000,000
5,300,000
3,000,000
1,500,000
387,500
4,000,000 8
2,941,000
1,500,000
997,000
1,997,000
1,279,000
395,115
6,250,000
4,000,000

When

7

1,500,000

1,000

1801
1872
1872

•

358, 383; V. 21, p. 39, 592.)
Mortis tfe Essex.—Leased in perpetuity to the
Delaware, Lackawanna & Western. The lessees
assume all liabilities and pay 7 per cent on stock.
Report for 1870, V. 24, p. 320. ( V .22. p. 399.)
Nash., Chatt. & St. L.—Gross earnings of 1875-G,
tl ,751,599; expenses and raxes, $1,023,423; net earn¬
ings, $728,176. Net earnings, July-D.’C., 1876, $303.019, against $380,137 in 1875. The debt to U. S. and
bonds endorsed by Tenu. are secured by deposit of
1st mortg. bonds. (V. 23, p. 86, 181; V. 24, p. 321.)
Nashville & Decatur. -Leased May 4, 1371, to Lou¬
isville & Nashville Company for thiriy years.
Nashua & Lowell.— Net earnings in 1876-7, $66,929.
(V. 24, p. 564.)
Naugatuck.— Net earnings 1875-6, $206,084. (V.
21, p. 611: Y. 23, p. 622.1

1,000
100 ike.
100 *fcc.

1872

02
02

p.

1,000
1,000

132

mortgage

Monticello & Port Jervis.—Defaulted in 1873.

100

....

Consolidated mortgage
N. Y., Prov. d Boston— (Stouiugton)— Stock

($1,000,000 authorized)

500 &c.
50
500 tfcc.

....

.

N. Y. Housatonic d Northern— 1st mortgage
N. Y. Kingst. d Syra.—1st in., g’d ($4,000,000)
N. Y. d New England (Bost., Hartf. d Erie)—Stock.
1st mortgages, old

ioo

100 ike.
1871
1873
1870

1.32

Prpfprrp.d

...

....

Stock

1st mortgage
New York d Harlem—Common stock

(V. 20,

1,900,000

25

237

....

July 7, 1875.

1809

327

....

...

Extension
General mortgage

1,000

1,000

1,000
1,000
1,000

■

N. O., Mob. d Tex.—1st mortgage (Mob. to N. O.)
New Orleans, St. L. d Chic.—1st M. (N. O. J.& G. N.)
2d mortgage, (N. O. J. & G. N.)
1st mortgage, (Mississippi Central)

1st

1.000

$500,000
15,000,000
5,000,000
3,000,000
284,000
573,000
4,991,000
4,321,000
1,025,000
0,575,295
1,000,000
1,100,000
4,700,000
300,000

50
250
500 &e.

....

7*2

bonds

Consol, mort., coup, or reg.

$1,000

....

10
80
80
37
78

New London Northern—Stock.

Sinking fund

1870
1807

....

$7,000,000
New Jersey West Line—1st mortgage, gold

—

1873
1877

42
15
13
100
02

2d mortgage bonds
Consolidated mortgage, for

£2.000,000 5

Value. Outstanding

1873

Tennessee State Loan do
2d mortgage scrip
N. Y., Boston & Montreal— 1st mortgage, gold
N. Y. d Canada—1st M., sterling, guar. I).& H. Can.
New York Central & Hudson River—Stock
Premium bonds
(N. Y. Central)
Bonds, B. & N. F. stockholders
do
Bonds railroad stock
do
Bonds real estate
do
Renewal bonds
2d mortgage, sinking fund (Hudson River)

Amount

.....

57

,

$30,000,000 )

or
Par

.....

(gold)

Holyoke <fc Westfield RR
N.J. Midland—1st mort., g’ld, guar. byN.Y.&O
2d mortgage, currency
New Jersey & New York— 1st mort. (for $1,500,000)
N. J. Southern—1st mortgage
1st mortgage (Toms’River br.)

N. Y. City Elevated

•

75
132
132
14

Neio Haven d Derby— 1st mortgage
New Haven & Northamp. (canal RR.)—Stock
Mortgage bonds, coupon
Bonds convertible, tax free, coupon

mort&aeej

•

INTEREST OR DIVIDENDS.

Size,

1871

Newark, Somerset d Straitsv., O— 1st mortgage
Newcastle d Beaver Valley—Stock

New
New

I860
vari’ue
1871
1871
1875

....

Nashville & Decatur—1st mort. guar, by L.ifc N

mortgage,

1864

345

New 1st mort. ($20,000 per mile)
1st mortgage on branches

2d

....

34
137

$25,000,000) guar. D. L. & W..
Special real estate mortgage
Nashville, Chattanooga & St. Louis—stock
Bonds to U. S. government, 2d mort
Bonds endorsed by Teun

1st mortgage
2d mortgage

1870

....

•

Consol, rnort. (for

Naugatuck—Stock

Date

of
of
Road. Bonds.

Monliceilo d Port Jervis— 1st mortgage
Mon 'is d Essex—stock
1st mortgage, sinking fund
2d mortgage
Convertible bonds
Construction bonds
Gen. m. & 1st on Boouton Br. &c. (guar. D.L.&W.)

2d mortgage
Nashua & Lowell—Stock
Bonds for freight depot

| September 29, 1877.

great favor by giving Immediate notice of any error discovered In tliese Tables.

For explanation of column headings, &c., see notes
at the head of first page

BONDS.

J.9,027,218
31,690,^86
29.126,851

$40,491,263 $97,822,811

11.765,111

40,003,667

13,262,089
11,484,863

33,481,742
27,725.533
16,496,020

96,355.774
92,506,503

76.014,954

25,580,675
9,134.239
63,299,924
(V. 22, p. 41, 591; V. 23, p. 329, 5 9 8; V. 24, p. 542.)
N. Y. City Elevated— Securities admitted to N.
Y. Stock Board Jan., 1877.
(V. 24, p. 41.)
.

New York & Harlem.—Gross earnings 1873-4,
$2 ,856,525; operating expenses, $1,719,354; net.
earnings, $1,137,141. Leased to New York Central'
at 8 percent per annum
(payable J. & J.) on stock,
and interest on bonds. The "Fourth avenue horse'

railroad and real estate was retained. The extra
dividend April, 1S77. was from profits of city line.
New York, Housatonic & Northern.—Foreclosure
pending. (V. 21, p. T49; V. 23, p. 549.)
New York, King ton &
Syracuse. —Includes old!
Rondout & Oswego.
Sold in foreclosure May 2,
1375, for $750,000.
(V. 21, p. 160.)
N. Y. & N. England.—This was formerly BostonHartf. & Erie.
The road was opeiated by the trus¬
tees of the Ber.dell mortgage for several years, and:
conveyed to the new company in July, 1875. See
report in V. 23, p. 3T5. Net income, 1875-6, $263 012..
The balance sheet, Sept. 39, 1876, gives stock issued'
$5,085,009, and Berdeli bonds not yet exchanged

$14,315,090. Mortgage bonds due 1995, $316,000. (V
21, p. 31. 207, 533, 570; V. 23, p. 279, 500, 575.)
New York, New Haven & Hartford.—Net income

$1,749,621, against $1,872,125 in 1874-5. (V.
20, p. 62; V. 22, p. 15; V. 23, p. 500;V.24,p. U3.)'
New York <fc Oswego Midland.—Interest in de¬

fault since 1873. Receivers’ certificates have been
issued to a considerable amount. Main line was tO'
be s >ld in foreclosure June 29, 18:7, but postponed

to Sept. 7.
(V. 21. i). 40, 64, 186; V. 22, p. 352, 447; V.
23, p. 296.329, 354, 526,549, 58 b 622; V. 21, p. 421, 542.)*

New York, Providence & Boston.—Annual report
for fiscal year ending Sept. 1, 1876, showed net earn¬
ings $46'\201, leaving a surplus of $98,051 above in¬
terest and dividend payments. (V. 23, p. 621.)

September

RAILROAD

29, 1877.]

Subscribers will confer

a

STOCKS

great favor by giving

Immediate

DESCRIPTION.
-

Carolina—Stock,

Date

of

of

s

at the head of first page of tables.

North

Miles

common

Preferred stock

.

Mortgage bonds

.

Northeastern (S. C.)—Stock,

223
223

common.

102
102
102
102
58
50

.

.North Pennsylvania—Stock
1st mortgage
2d mortgage
General mortgage bonds
Northern Central—Stock

....

1869
1869
....

....

....

-

1st mortgage,
2d mortgage,
3d mortgage,

....

100
500
50
50
500
500
50
500 Ac.
500 Ac.

....

313
138
138
1855
138
1865
138
1868
138
1868
138 ’74-’75
1876
1876
82
21

.

State (Maryland) loan
sinking fund, coupon
sinking fund, coupon
Consolidated mortgage, gold,
coupon.

....

50

....

.

....

.

.

do
do
do
registered
Consol, mortgage, gold, s. fund,
coup. $ or
2d gen’l M., “A”
(exchanged for incomes of
do
“B”
Northern, N. H— Stock
Northern of New Jersey—Stock

.

...

.

<

.

or

Par
Value.

$100
....

’67-’6&

1st mortgage, new
2d mortgage, new

....

500 Ac.
500 Ac.

1,000
1,000
1,000

....

-

1st

Size,

Road. Bonds

.

....

....

....

100

....

mortgage

21

Northern Pacific—New preferred stock
Norwich d Worcester—Stock
New bonds, coupon
Ogdcnsburg d Lake Champlain—Stock
Preferred stock

Equipment bonds
Sinking fund bonds
Mortgage bonds for $000,000

"

550

1875

i’o’o

66
122'
122

1877

1,000

100
.

-

100
100

.

68-’69
1870
1877

....

ii8

Ohio d'lhssissippi—Stock, common.
Preferred stock (7 p. c.
yearly, cumulative)
Income and funded debt bonds

.

1,000
1,000

ioo

393
393
148

100

AND

BONDS.

notlcs of any error

XXV

discovered

in these Tables.

INTEREST OR DIVIDENDS.

Amount

Outstanding

Rate per
Cent.

Payable

3
3
8

M. A S
M. A S
M. A N

$3,000,000
1,000,000
380,000
899,350
96,000
820,000
232,500

4
8
8
3s
6
7
7
3
6
6
6
<5 g.
6 g.
6 g.
5
6

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
4,000,000
3,000,000
1,000,000
3,068,400
1,000,000
400,000

2
7

When

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

A
A
A
A
A
A
A
A

Q.-J.

6
2
4
8
8
6

3,077,000
2,000,000
500,000
394,000
?

do

do

do

N. C.

Charleston.
do

do
do
do

Office.
do
do
do

Baltimore A Philadel.

Annapolis.

A
A
A
A
A
A
A
A

J.
O.
J.
O.
J.
J.
J.
D.

J.

A

J. J.

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

A
A
A
A
A
A

J. New

Baltimore,

1st Nat. Bk.
do •
do
do
London A Baltimore.

Baltimore,
do

1st Nat. Bk.
do

Boston, Office.

v

5

do

Philadelphia

City, Hudson

pal, When Due.

Slocks—Last
Dividend.

Company Shops,

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

28,000,000
2,604,400
400,000

Whom.

N
8
8
A
J
N.
J.

N.

Bonds—Princi¬

Where Payable, and by

Mar.,

1*877

Sept., 1876
1877 & 1888

May, 1875

Sept. 1, 1899
Sept. 1, 1899

Aug. 1, 1877

Jan.

1.

1885

May 1, 1896
1903

April 1, 1876
Irredeemable.
July, 1885
April, 1900
July, 1900
July, 1900
July 1, 1904

Jan.
Jan.

1, 1926
1, 1926
July 2. 1877
1876
1878

Co. B’k.

England

Trust Co.
July 5, 1877
Boston, N. E. Trust Co. March
1, 1897
Boston, Office.
July 10, 1876
0.
do
July 10, 1877
J.
do
Ian., ’78 to ’79
S.
do
Mar., 1890
S.
J.

20,000,000

4,030,000
3 41
M. A S.
New York, Office.
Mar. 1, 1875
7
174,000
A. A O.
do
do
April.
1,000
1, 1882
Consolidated mortgage, sterling
7
6,545,850
J. A J.
do
do
393
Jan. 1, 1898
<£200
2d consolidated sinking
6 g. J. A J.
jiiiki
112,000
fund mortgage
London.
393
Jan.
1, 1898
1,000
Debenture sinking fund bonds (for
7
3,864,000
A. A O.
New York, Office.
$1.000,000)..
1,000
April, 1911
7
140,000
Spring. Div. (Sp.A Ill. SE.) IstM. (for
M. A N.
do
do
$3,000,000)
228
May 1, 1883
1,000
Old Colony—Stock
6
1,915,000
1st coup, due Nov., ’77
217
Nov. 1, 1905
100
Bonds
3
6,733,800
J. A J.
Boston, Office.
1871
500 Ac.
July 2, 1877
Bonds
265,500
F. A A.
do
1874
Aug. 1, 1881
1,000
Bonds
1,692,000
M. A S.
do
1875
March, 1894
Bonds.
500,000
6
J. A D.
do
June 1, 1895
1876
Omaha d Northwestern— Land
6
1,100,000
do
grant gold bonds...
40
1871
1886
1,000 16,000 p.m. 7.30 g. J. A J. N.
Orange d Newark—1st mortgage
Y., Kouutzc Bros.
9
Jan., 1901
546,000
6
M. A N.
Oregon d California— 1st mortgage
Newark, Office.
200
Os vego d Rome—1st
10,950,000
7 g. A. A O.
Frankford O. M.
mortgage guaranteed
2813 1865
1,000
Income mortgage bonds
7
350,000
M. A N. N.Y., Farmers’
L.AT.Co.
1866
May, 1915
1,000
200,000
7
F. A A.
Oswego d Syracuse—Stock, 9 per cent guar
do
do
35
50
Feb., 1891
1,320,400
F. A A. N. Y., Del., L. A W.
4*2
Mortgage bonds
RR.
35 58A64 500 Ac.
Feb., 1877
Consol, mortgage (guar. D. L. A
7
124,000
M.
A
N.
do
W.)
do
1880 A 1885
1876
1,000
Owensboro d Russellville—1st
7
338,000
M. A S.
do
do
mortgage
36
1872
1907
500 Ac.
Paducah d Jfenwhis—1st
1,500,000
8
F. A A. N. Y.,
mortgage, gold
Imp. A Trad. N.B. Feb. 1, 1892
115
1,541,000
Panama—Stock
47
100
General mortgage,
3
7,000,000
New York, Office.
Q.-J.
sterling
47
1867
£200
Aug. 1, 1877
raris d Danville.—1st
2,794,000
7 g. A. A O.
London.
mortgage, gold, sinking fund
105
Oct. 10, 1897
1873
1,000
Paris d Decatur, (Ills.)—1st
7
-2,500,000
J. A J.
New
mort., g’d, sink, f’d
York,
Office.
75
Jan. 1, 1903
1872
500
Paterson d Newark—1st mort.,
7 g. J. A J. New York and
1,200,000
London. July 1, 1892
guar, by Erie
12
1868
500 Ac.
500,000
7
J. A J. N. Y., Erie
Pekin, Lincoln d Decatur—1st mortgage
Railway Co. Jan. 1, 1878
67
1871
1,000
7
1,076,000
F. A A. N. Y., T. W. A W.
Peninsular (Mich.)—1st mort., gold, sink, fund
RR.
166 ’69 ’70
Feb., 1900
3,800,000
7 g. M. A N.
Pennsylvania—Stock
New
York.
J
869
50
1st mortgage
68,870,200
1*2
Q.-F.
Philadelphia, Office. J
355
1,000
Gen. M., Ph. to Pitts., coup., J. &
6
4,970,000
J. A J.
do
do
J.; reg., A. & O.
Jan., 1880
1870
1,000
6
19,999,760
State lieu (pay’ble in annual inst’lm’ts of
Q.-J.
Philadelphia,
Office.
$460,000)
1910
A. A O.
Consol. M., coup. J. A D., &
5
4,795,107
do
do
reg. Q.—M. is. f. 1 p. c.)
1873
1,000
Annually.
6
29,250,000
Navy Yard bonds, reg
Q.-M. Philadelphia A London. June 15,1905
:
1875
6
1,000,000
J. A J.
Pennsylvania Co.—Common stock
Philadelphia, Office.
1881
50
3,000,000
Preferred stock
50
1st mortgage, s. f., (held by
8,000,000
3
A. A O. Pittsburgh Co.’s
Pennsylvania RR.)...
Office.
i.877
Oct., 1873
1,000
7,000,000
6
F. A A.
Pennsylvania d Delaware—1st mortgage
Philadelphia.
44
1873
2d mortgage
7
1,083,000
F. A A.
Philadelphia, Office.
1903
44
1873
519,000
7
A. A O.
do
Pennsylvania d New York—1st mort., guar
do
1903
105
1866
1,000
1st mortgage, guaranteed
7
1,500,000
I. A D. Phila., B’k N.
America. June 1, 1896
105
1866
1,000
7
Peoria d Bureau Valley—Stock
1,500,000
L A D.
do
do
46
June, 1906
100
4
F. A A. N. Y., Chic., R. I. A
1,200,000
Peoria, Pekin d Jacksonville- 1st mortgage
Pac,
83
1864
Aug., 1877
500 Ac.
2d mortgage
1,000,000
7
T. A J. N. Y., Imp.
A
Trad.
B’k.
83
1870
Tuly 1, 1894
1,000
7
1,000,000
A. A 0.
do
do
Oct. 1, 1900
1862
1868
1868
1871
1873
1874

393

.

m

1,000

....

....

....

„

_

.

....

....

.

•

•

-

•

....

....

....

....

North Carolina.— Leased September,
1871. to Rich¬

mond & Danville Railroad at
In March, 1875, the
gauge was
of G p. c. are paid on

$260,000 per annum.

changed.

Dividends

$2,000,000 in bonds secured on that road, and with
privilege of funding coupons to Nov., 1877: of the
same

mortgage bonds $1,000,000 more were re¬
stock, of which the State of No. served for improvements.
November 17, 1876, the
(V. 21. p. 391; V. 24, p. 565.) President, Daniel
Northeastern, S. C.—Gross earnings in 1875-6, the Baltimore & Torrance, and Mr. John King, of
Ohio, were appointed receivers,
$3S2,273* net, $161,813. Report Y. 24, p. 88.)
and afterwards Mr.
King was made sole receiver.
North Pennsylvania.—Gross
receipts in year 1875-6, Int. on 1st mort. due Jan., 1877, is to he
paid Oct. 1,
$1,675,865; net, $786,519; surplus above interest, but foreclosure suit his been
commenced. (V. 23,
$326,403. (V. 22, p. 134* V. 24, p. 62.)
Northern Central.— Tne annual report for 1876 in p. 301,347. 377, 526. 519, 599; V 24, p. 64, 89, 136,
227, 370, 338, 421, 469, 542, 590; V. 25, p. 17, 64,
OunoMCLE, V, 21, p. 223, shows gross earnings, 158,
154, )87, 237.)
$1,369,925; expenses, $3,212,325, of which $2)5,839
Old Co'ony.—There are $32,000 5
were
per cent bonds
Car. holds $3,000,00).

extraordinary; net, $1,127,600. The total net
was $1,243,720;
$1,260,133 was paid for inter¬
est and rentals,
leaving a deficit of $16,4:3. The 5 per
■cent $3,000,000
mortgage is to exchange for incomes
of 1S72. (V.
22, p. 257; V. 24, p. 223, 421, 459.)
Northern N. Hampshire.—Net income fiscal
year
1876-7 was $103,415. (V. 22, p. 5 65;
Y. 24, p. 54 1.)
Northern of N. Jersey.— Operated by Erie at
35
r. c.
of gross
earnings, which in 1875-6 were $259,831.
Northern Pacific.—Sold Aug. 12. 1875, for
$100,000
and
income

of

prof, stock is issued to bondholders at the rate

$1,410 for each $1,000 bond, and this itfclrTdes the
interest funded to July, 1878.
ThisatQCk is ex¬
changeable for land at its par valqft. 136 Sept., 18-76,
$25,060,000
of bonds had been so

ec^haiiged, leaving

about $5,000,000 yet out.
(V. *2, p. 135, 159, 209; V.
23, p. 2*5, 330, 401; Y. 24
p. 40. 445.)
Norwich & Worcester.—Leased
February, 1369, to
Boston, Hartford & Erie for 100 years at 10 percent
per annum on cost. Dividends
paid of 10 per cent
per annum. Gross
receipts in 1875-6, $728,080; net,
$311,965. (V. 21, p. 590; V. 23, p. 548.)
Ogdensburg & Lake Champlain.—Leased in March,
1870, for twenty years to the Vermont Central,
but
lessee failed to pay rent, and receiver was
October, 1875, and lease cancelled March, appointed
1377. (V.
p.
396, 500; V. 24, p. 299, 322; V. 25, p. 39,
Ohio& Mississippi.—There are also
$97,000 of old
1st
mortgage 7s, W. Div., yet out. The company
purchased the Springfield Road,
March, 1875, for

|3,^ 279,




due

1884.

Net income

over

operating expenses,
(V. 23,

$754,053 in 1875-6, against $774,338 in 1874-5.

p. 86, 500.)
Omaha & Northwest.—Passed interest 1874. Some
bonds and coup’s exchanged for lands.
(V. 22, p. 79;
V. 23, p. 175.)

Oregon & California.—Bonds nearly all placed in
Germany. After default in 1873, proposition offered
by Ben. ‘Holiday, Prest. (V. 22, p. 375; V. 21, p. 421.)
Oswego & Rome—Operated by the Rome, Watertown & Ogdensburg at 8 per
cent on $309,000 stock,
and interest on first
mortgage bonds.

Oswego & Syracuse.—Leased to Del. Lack.

& West,
en stock.
Owensboro <& Russellvile.—Now
Evansville, Ow¬
ensboro & Nashville. To be sold in
foreclosure.
Paducah & Memphis.—field in foreclosure
June,
1877. (V. 23, p. 576; V. 24, p. 40,
421; Y. 25, p. 17.)
for interest

on

bonds and 9 per cent

Panama.—Last statement, V. 21, p. 322. (V.
22,
88, 233, 247, 305, 352, 363; V. 23, p. 500; V. 24, p.
32 $ 542.)

p,

Paris tfe Danville.—Of these

bonds, $450,000

were

Midland. (V. 19, p. 351; V. 21, p. 613.)
Paterson & Newark.— Lately operated
by Erie.
Stock is $*250,000.
Pekin, Lincoln & Decatur.—Leased to Toledo,
Wabash A Western. Sold in foreclosure June
10,

1876, and reorganized.

(V. 22, p. 247; Y. 23,. p. 100.)

....

Peninsular.—There is

also a second
mortgagefor
$540,000. Defaulted May 1.1872. Coupons
Consolidated with Port^Huron & L. M. unfunded.
July, 1873.
(V. 25, p. 212.)
Pennsylvania.—'The report for 1876 is given in V.

24,
222, 216 and 347. The direct funded debt of the
company is $60,106,229 ; in 1874, by the report of
the
Investigating Committee, the liability as a guarantor
of principal and interest was on
$33,933,600
p.

animal

liability additional,

on guarantees of

bonds;

interest

rentals, $13,862,319, and probably there has been
no great
change since. On all operations east of
Pittsburg, in 1876, the report shows a net
surplus of
$1,433,7U3 over all payments,
including dividends.
The
following
is
a statement for three years on
main line and branches in
Pennsylvania, and for
1876 on all
or

lines east of

Pittsburgh:
Grors

1876
1875
1374

Earnings.

$36,£91,060
20,493,251

22.642,371
24,886,009

Net

Earnings.

$12,8^,385
8,147,388
9,396.924

1873
9,445,704
—The Pennsylvania
is a corporation dis¬
tinct from the Penn. Company
Railroad, and operates all the
leased lines west of Pittsburg. The stock is
owned
by the Penn. Railroad. In 1876 the net earnings
were $6,557,880;
interest and rentals, $5,199,941;
sink, funds, and interest on Penn. Co.
bonds,
$953,116. Balance net profit $404,623. (Y. 21, p.
861, 458, 592; V. 22, p. 253; V. 23, p. 16; V. 24,130,

222, 248, 347. 397, 421, 495, 542} V. 25, p. 133.) p.
Pennsylvania & Delaware.—The lease of this road
to the Pennsylvania Railroad was
ratified in 1874.
Previously operated under temporary lease.
Pennsylvania & New York.—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 ia
$1,061,700. (V.24, p. 110.)
Peoria & Bureau Valley.— Leased
perpetually to
Chicago, Rock Island & Pacific at $125,000 per year.
Peoria, Pekin & Jacksonville.—In year ending
June 30, 1874, net earnings $60,261.

Subscribers will confer a

great favor by giving immediate

explanation of column
at tlic

Peoria d Rock I.—1st mort. (after
Pcrkiomen—1st mortgage
Consol, mort., gold, guar. P. A

Petersburg—Stocji

$150,000 10s)
. -

It., (sink,

18

fund)

-

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

ISTO
180/

$1,000

$1,500,000

1873

1,000

621,000
1,200,000

100

1,324,200

82
30

Philadelphia d Eric—Stock, common
Preferred stock
1st mort,, SimburyA E. (extending 20 years

1859
18(19
18(3(5

30
10
287

East Pennsylvania 1st mort.,
Loan mortgage, sterling
Loan debenture
Loan mortgage

by P. 11—

sinking fund

745
750

20
20
100
98

Trenton—Stock
Philadelphia, Germantown d Xorristoteni—81oek
Philadelphia, Wilmington d Baltimore—Stock
1st mortgage, convertible
Plain bonds, loan
do
do
.

do

149
10
149
200
200
117
33
408
408
408
408
408
408
408
408
403
408
408
408
408
408
408

Connellsville.—1st mortgage
do
1st
Turtle Creek division.
.j
Consol, mort., guar. B. A O. (s. f. £7,200 pr. yr.).. j
Pilte., C. d !St. L— 1st m., cons, (for $10,000,000)
j
Pittsb. d

Ind., reorganized...

1st mortgage, Steubenville A
Col. A Newark Division bonds

Chicago—Stock, guar
stock, guaranteed

(series A)

|

R
c
I>
E
F

j
i
1

G
H

1 Bonds

|

all

cou-

pon,

but

may

!

ble to order.

I

K
L
M

construction bonds.
Equipment bonds (renewed)
1st mort. (W. A F.ER.}..
Pittsb. Titusville & Butt.
Pittsburg, Ft. Wayne

Portland d Ogdensb— 1st mort.,

New mortgage (for $3,300,000)
1st mortgage, Vermont

gold

equal lien
(Portland loan) sinking fund, “B”.

Peoria & Rock Island.—Sold in
4,187t, for f 55 >,000. There are old
of $150,000. (V. 22, p. 56, 314, 163;

24, p. 64, 275,

322; V. 25, p. 17.)

foreclosure April j
10 per cent bonds i
V. 23, p. 617; V.

Petersburg— Receiver
V. 21, p. 64,

j

appointed, Mav, 1877. (V. |
372; V. 22, p. 135; V. 24, p.

Philadelphia & Baltimore Central.—Operated for
time past in Pennsylvania by trustees of first

Borne

mortgage bondholders.
Phil.,
interested. (V. 23, p. 526.)

Wil. A Balt, largely

Philadelphia db Erie.—Leased

February, 1862, for

to Penn. Railroad, but without any guar¬
antee of bonds.
Gross earnings, 1876, $3,352,979;
net earnings, $1,164,533.
The Penneylvama Rail¬
road is creditor $234,244. (V. 22, p. 20 6; V. 24,

136, 248.)

1S75-6, is

length in V. 24, p. 38. President Gowan
1876, and gives the facts hearing
upon the Company’s financial condition and pros¬
pects. The trustees of the general mortgage hold
the mortgage of the Coal A Iron Company. In
March, 1877, propositions were made for postpon¬
ing certain interest payments. (See V. 24, p. 299 )
A comparison of statistics for three years is as
given at

reviews the year

follows:
1873-4.

Op. expenses

•KV. 20, P.




.

1874-5.

1875-5.

$14,452,121 $12,660,927 $12,227,511

8,731,916

8,130,159

8,510,350

$5,720,205 $4,530,768 $3,717,161
58,155,138 57,134,111
058; Y. 21, p. 458; V. 22, p. 109; V. 23,

earnings
Ponded debt

Net

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

7
6
7
6 g.
glo
6
6
5 g.
6
7
i

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

1,000
1,000
1,000
1.000
500 Ac.
100 Ac.
100 Ac.
1,000

1869
1870
1871
1871
1867-9
1870
1871
.

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

1876

....

40, 452; V. 24, p.

315.933

1,000,000
1,800,000
800,000

1,577,960
2,300,000
700,000
350,000
450,000
1,500.000
500,000

J.
J.
J.
J.
A.

•

J.
A.
A.
A.
J.
F.
J.
F.

Oct., 1891

*

....

July, 1920
25,1876
July 25,1876

J. Pliiladelpliia A London.

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

Jan.

Philadelphia, Office.
do
do
do
London.

do
do
do

J,
J.
J.
J.
S.
J.

1880
1886
1880

1880
1888
1877
1893
1893

do

Philadelphia, Office.
London.

J. Philadelphia,
do
0.
do
I).
D. Philadelphia A
D.
Philadelphia,
do
J.

Office.
do
do

June, 1911
June, 1911
June, 1911
Jan. 1, 1893

London.
Office.

do
O. Philadelphia or London
J. London A Philadelphia.

A
A
A
A
A
A
A
A
A. A

Oet. 1, 1897
July 1. 1908
Dec. 1, 1896

1892

1877
1877

June 9,
June 3,

do
do

do
J.
do
O.
O. PhiTdelpliia,

,

•

•

.

....

9 g-

6
7
6
3
6 g.

M. A N. New York and Boston.
J. A J. Boston, Columbian B’k.
do
do
A. A O.
do
do
Various
J. A J.
Boston, Office.
do
do

38, 227, 275, 29P, 445, 542,

May, 1891
July 1, 1887
Oet. 1, 1887
Sept. 1, 1891

July 1, 1877
....

....

New stock of $5,504,327, issued to

Penn.

Pittsburgh Titusville & Buffalo.—T\\\$ was

the Oil

pany.

Railroad for improvements, Ac., is under article 16
Net earnings, 1876, $3,066,687; profit to
lessee, $120,750. Sinking fund for b^nds, $1,962,689.
(V. 22, p. 588; V. 24, p. 516.)
of lease.

Philadelphia & Trenton.—Leased to Pennsylvania
United New Jersey companies at 10
per cent on stock.
Phila deTphia,
for 999 3 ears to
cent, on stock.

Germantown & Xorristoicn.—Leased
Philadelphia & Reading at 12 per

Phdade'phia, Wilmington db Baltimore.—Net earn¬

ings, year ending Oct. 31, 1S76, $1,606,0.9, leaving a
surulus income of $2*6,774 above payment of all

Last annual re¬
also p. 397. (V. 25, p. 13?.)

and 8 per cent dividends.

Pittsburgh ConnellsviTe.—On Jan. 1, 1876, a trans¬
was made by City of Baltimore to Balt. A O. RR.
$1,0;>0,000, and the consol, mortgage made for
£2,200,< ('0, and guaranteed by B. A O. Net earn¬
ings 1875-6, $529,674.t (V. 24. p. 1 6 5.)

fer
for

Creek & Allegheny River road.
and

re-organized Dec. 29, 1S75.

Pittsburg, Cincinnati h St. Louis.—'This company
and is itself controlled by the
Pennsylvania Co., which holds a majority of the

Pittsburg Virginia h
the

39.)

Charleston.—Ol these bonds

Pennsylvania Railroad owns $500,000.

Michigan—This forms part of
Huron consolidation with Pen¬
Interest was in default Nov.,
1873, and foreclosure is pending. (V. 24, p. 275: V.
25, p. 90, 212.)
Port Huron h Lake

the Chicago A Lake
insular of Michigan.

Portland db Ogdensburg.—The two cm«ions
consolidated March 1875 as one company.

1876,

Portland city

were

In

Company passed the interest on
bonds. (V. 23, p. 86; V. 24, p. 180,

469,49j; \. 25, p. 138.)

capital stock. Common stock, $2,508,000; 1st pref.,
$2,928,600 ; 2d pref., $3,000,000.
Annual report,
18'6. V. 24, p. 419. (V. 22, p. 519; V. 23, p. 254;

Receiver

419.)

Sold in foreclosure
(V 21, p. 40, 302; V.

22, p. 16,135, 279, 399; V. 25, p.

leases several roads

V. 24, p.

Jan., 1900

Philadelphia, Office.
Q.-J.
Q.-M. Pliila., Treasurer of Co.
J. A J. Philadelphia A Boston.

591.)

expenses

1902

Jan., 1879

J.
J. A I).
Philadelphia, Office.
V arious Loudon A Philadelphia.

rr
i

875,000

1,155,000

1913
Jan., 1872
Jan., 1879-’99

July 2. 1377
July, 1884
April, 1887
Co.’s Office Oct, 1, 1892
do
do
April 1, 1900
O.
6
July, 1898
J. Balt., Balt. A Ohio RR.
A. Pittsb., First Nat. Bank Aug. 1, 1882
6
J. London, J.S.Morgan ACo Jan. 1, 1926
6 g.
Aug. 1, 1900
A. Phila., Pa. RR. Office.
7
do
do
April 1, 1913
0.
7
May, 1884
M’nthly N. Y. Agent, 57 B’way.
6
Jan., 1890
J. A J. Pliila., Pa. RR. Office.
7
1*4
Q.-J. N. Y., Winslow, L. A Co. July 2, 1877
do
do
July 2, 1877
1*4
Q.-J.
do
do
July 1, 1912
J. A J.
7
do
do
July 1, 1912
F. A A.
7
do
do
July 1, 1912
M. A S.
7
do
do
July 1, 1912
A. A O.
7
do
do
July 1, 1912
7
IM. A N.
do
do
July 1, 1912
7
jj. A D.
do
do
July 1, 1912
7
ij. A J.
do
July 1, 1912
do
F. A A.
7
do
do
July 1, 1912
<M. A S.
7
do
do
July 1, 1912
7
!a. a o.
do
do
July 1, 1912
7
|M. A N.
do
do
July 1, 1912
7
;J. A D.
do
do
July 1, 1912
7
!A. A O.
Jan. 1, 1887
do
do
ij. A J.
7
Mch. 1, 1884
do
do
M. A S.
8
Feb. 1, 1896
7
If. a a. Philadelphia, Office.
do
do
Apr. 1, 1882
7
|A. A O.
do
July 1, 1890
do
!j. A J.
7
Feb. 1, 1896
do
do
F. a a.
7
Feb. 1, 1896
do
do
F. A A.
7
Philadelphia.
7 gNew York.
May 1, 1899
7 g. M. A N.
Jan., 1900
6 g- J. A J. Boston, First Nat. Bank
Nov.. 1901
do
do
6 g- M. A N.

4
6
6
6

775,000
19,714,285
5,504,327
875,000
875,000

580,000
500,000

A.

3

3,000,000

2,000,000
100,000
1,000,000
1,500,000

J.
J.
J.
J.
M.
T.
J.

21-2

5,000,000

860.0(H)
860,000
860,000
860,000
860.000
860,000

June 1,

Oct. 1, 1897
do
do
O. Phila., Pa. Life A T. Co. March 31; 1891
July 1, 1888
do
do
J.

Q.-J.
Q.-J-

3*2

G,500,000
6,222,000

875,000

Feb., 1900
Apr. 1, 1897

....

700,000
839,000
4.000,000
326,600

875,000
875,000

Dividend.

Philadelphia, Pa. RR.

J.
0.

A
A
A
A
A

J.
A.
A.
J.
J.

March,

Philadelphia & Reading.—The report for

Gross earnings..

1871
1862
1862
1862
1862
1862
1862
1862
1862
1862
1862
1863
1862
1862
1857
1874
1865
1862
1870
1876
1S76

port in V. 24, p. 88,

999 years

p.

100
100
500 Ac,
500 Ac.

...

F. A A. New York and London
A O.
Pliila., 227 S. 4th si.
do
do
J. A D.
J. A J.
J. A J. N.Y., Lancaster, B. ACo.
do
do
J. A J.
Philadelphia, Oltice.
do
do
J. A J.
do
do
J. A J.

I A.

Railroad with

Peikiomen.—Leased to Philadelphia & Reading.
20, p. 592;
445.)

p.

1,000
1.0(H)
1,000

Stocks—Last

Whom.

....

4

1,000,000

1,000

Payable!

«...

2,231,900
11,561,250
265,000

1.000
100 Ac.
£200

....

52

gold

100
50
50
500

1,000

02

Portsmouth—Stock

6

968,000
1,000
1,000
1,000
1,000

pal, When Due.

i Where Payable, and by

When

....

7

10,499,9(H)
9,364,000
19,686,000
(!)
13,036,500
1,731,000
1,259,100

1875
1868
1859
1876
1868
1873
1864
1864

iie

3
8
8
7

134,400

1.0(H)

00
02

guar

E. D., gold

6 g-

1,138,900
2,700,000
10,649,000
7,000,000

1,000

’

Div., gold
Rochester— 1st mort., s. f. (Portl. loan) “A”.

1st mortgage,

1,000

1872-4

120

7 g.
6

967,2(H)
495,900

1858
1867

50
38
25

RR.)

Funding income bonds (P. T. A B.)
Pittsb., Va. d Charleston— 1st mortgage,
Port Huron d L. Mich.—1st mort.. traf.

Portland. Saco d

32,726.375
1,551,800
1,510,500
79,000
182,400

50
50

1,000

1867
1868
1868
1871
1871
1871
1873
1873
1874
1876
1872

A Cliic,

1st mortgage (Oil Creek RR.)
1st mortgage (Un. A Titusville
New mortgage (Pitts. T. A B.)

Portl. d
1st mortgage,
2d
do

8,680,000

1,000

■

Philadelphia cC

do
do
do
do
do
do
do
do
do
do
do

1.0(H)

1857
1836
1843

Income mortgage (for $10,000.000)
Coal & Iron Co., guar. mort. (for $30,000,000). ..
debentures, guaranteed
do

1st mortgage
do
1st
do
1st
do
1st
do
1st
do
1st
do
2d
do
2d
do
2d
do
2d
do
2d ~
do
2d
do
3d

(!)

5,000,000
3,000,000

1843-9

(convertible 1870-92), coup
Improvem’t mort,, $ or £. sink'g fund, coup
Gen. mort., $ and £ (sink, fund 1 p. e. yearly) —

Special improvement

2,40(),000

1.0(H)

'

Debenture loan

Pittsburg, II. Wayne d

6,048,700

1,000

__

Consolidated mort,, dollar loan, coupon or reg—
do
do
gold, $ or £, coup
do
dollar loan, gold,coup, or reg
do

do

100 Ac,
100 Ac.
100 Ac.
50

1857
1861
1868
1869

40
287
287
287

in ’77)

Rate per
Cent.

500,000
300,000
800,000
400,000
300,000

50

Preferred stock

Mortgage loans inconvertible
Loan mortgage, convertible
sterling
do
dodo
do
do

100

’

Reading—Stock, common

Philadelphia d

1

82

mort. (Pa)

(for $20,000,000), guar

Amount

Outstanding

’*82

-

Philadelphia d Balt. Centred—1st

1st mortgage
2d mortgage
2d mort., gold

90*2

—

(payable $-5,000 yearly)

1st mort. bonds
2d mortgage:

discovered lit tlicse Tables,
Bonds—Princi¬

notice ol any error

Par
Value.

Road. Bonds

of tables.

Size, or

Date
of

Miles
of

headings, Ac., see notes

head of first page

[September 20, 1877.

INTEREST OR DIVIDENDS.

DESCRIPTION.
For

STOCKS AND BONDS

RAILROAD

XXVI

Poi'tland h Rochester—Interest in default, and
appointed. (V. 23, p. 354, 3 77; V. 24, p.

170.)
Portland, Saco db

Portsmouth—’Lamed. March 18,

Fort Wayne & Chicago.—This road 1871, to Eastern Mass. Railroad for 99 years at 10
was
leased July, 1869, for 999 years, to Pennsyl¬ per cent per annum; modified Dec., 1875. to 6 per
vania Railroad, at a rental equivalent to interest, cent for two years. (V. 21, p. 372, 434, 592; V. 22, p.
sinking fund of debt, and 7 per cent on $ 19.714,2S6 563; V. 24, p. 445, 5*2.)
stock, which was increased at that time from
$11 .500,000. The lease was transferred subsequently
Pert Royal.—The Georgia Railroad guaran tees
to the Pennsylvania Company.
The lessees to keep
the road in repair, and also pay taxes, expenses, $500,000 of these bonds; decree of sale i n foreclo¬
sure ha9 been entered.
(V. 20, p. 291, 453; V. 21,
etc.
Pittsburg, Fort Wayne A Chicago leases the
Newcastle A Beaver Valley and the Lawrence roads: p. 78: V. 22, p. 59’.; V. 23, p. 520; V. 24, p. 90,
which in turn are leased again by Pennsylvania Com- 136; V. 25, p. 90.)
Pittsburg,

September 29.

RAILROAD STOCKS AND BONDS.

1877.]

Subscribers will confer

great favor by giving Immediate notice ot any error discovered In
these Tables,

a

DESCRIPTION.

!size,

Date
11K8. «
at tlie head of first page of
ta
of tables.

Port

es

Royal (S.

of
Road

i.

of
Bonds

.

Iliat
71

cau-

Bonds (not mort.) guarantee!
eed
Providence d Worcester—Stock

71

Mortgage bonds
Reading it Columbia—1st mortgage, coupon...
2d mortgage, coupon
Reading <£• Lehigh—1st mortgage
Rensselaer <t Saratoga—Stock
1st mortgage, consolidated (for $2,000,000).

44
39
39

j

Par

181
181
142
10

..

..

State sinking fund loan
Bonds, guaranteed by State
3d mortgage, consolidated, coupon or reg
New general mort., gold (for $0,000,000).

1869

1 $1,000

$2,500,000

1872

100
500 Ac
100

1870
1862

i,eoo
100 Ac

1S64

1,000

142
49
29

..

.Northwestern, N. C., 1st mort., guar..
Rich’d, L red eric ksburg <t Potomac—Bonds, ster..

.

100

1871

1,000
100

....

....

i

....

....

.

1867
1874

1,000

1873
....

....

Dollar k>an

....

...

.■Coupon bonds of 1881
Richmond it Petersburg—1st mortgage coupon.

23

New mortgage

Ogdensburg—Stock

1st sinking fund mort., Wat. A R
General mortgage, sinking fund
2d mortgage
Consol, mort., convert, till July, ’79,

Rutland—Stock,

218
97

coup

190
190
300
120

.

common

Preferred stock

do

lie
New general mortgage
St. Joseph d Westel'll— 1st M. St. Joseph A Pacifi
Kansas A Nebraska, 1st mortgage
St. Louis, Alton it Tame Haute—Stock.

.

.

.

.

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

Equipment mortgage.'

St. Louis, Iron Mountain it Southern—Stock
1st mortgage, coupon

r

2d

2d

mortgage bonds, A
do
do

do
do

Land debentures

(I’d g

-

■

.

Sandusky Mansfield d- Newark -Re-organized stock
new

210

420
98
158
158

500,000
650,000
350,000
1,500,000
7,000,000
1,925,000
4,000,000
508,486
124,200
1,768,500
1,294,000
500,000
500,000
67,778
299,917

6
7

7

*4'
o'

175,000
31,000

100 Ac.
500 Ac.

3^28

1,000
1,000

.

1865
1874
18GS
1876
1876
1876
1874
69-71
1872
1867
1867
1868

"7

5,927,000
3,315,000
2,500,000

1,000
1,000
1,000

1,500,000
8,000,000

100

24,000,000

1,000

6,000,000
3,000,000

1,000
500
100
500
500

10

Ac.
Ac.
Ac.
Ac.

7,194,500

7
7
7
7
7

g-

£.
g.
g.
g.

"7
7
6 g.
6
2 Ac.
2 Ac.
10
7 g.
7 g.
7
7
7

Y.,City Nat. Bank.
do

1888
1875
1875

Richmond, Office.

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

A
A
A
A
A
A
A
A

J.
do
O.
Richmond, Office.
N.
do
do
J. N. Y., Farm. L. A T. Co.
S.
do
do
D.
do
do
J.
do
do
do
0.
do

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

A
A
A
A
A
A

A.
N.
S.
N.
J.

1881-’90
1880 to ’86

May 1, 1915
July 15, 1875
Sept. 1, 1880
Dec. 1, 1891
Jan. 1, 1892

July 1, 1904

Bostou, Treasurer.

Feb. 2,

do
do
do
do
do
do
New York.

i875

May 1, 1880

Sept. 1, 1880
Nov. 1, 1902
19—
19—

J.

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

A
A
A
A
A
A

F.
M.
A.
J.
J.

'A

J.

J. N.
O.
A.
N.
N.
S.

i2

do
do
do
do
do

July 6,1874

Wall st.
do
do
do
do
do

1894
1894
1894
1894
1894
1880

A. N.Y.,Office 20 Nassau st
Aug. 1, 1892
N. New York or London.
May 1, 1897
O.
do
do
April 1, 1914
D. New York, Co.’s Office. Juno 1, 1897
do
do
D.f
June 1, 1897
do
J.
do
1, 1891

A
A
A
A
A

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

Y., Office

'

•

J.
S.
J.
N
N.
N.

N.Y.,Nat Bkof Com’rce
do

N. Y., Trask A Stone.
do
do
do
do
do
do
do
do
S'. Y., G Opdyke A Co.
do
do
do
do
N. Y., Third Nat. Bank.
<lo
do

1895

idy 1,

do

3pt. 1, 1904
July, 1898

500 &e.

1,000
1,000

1,000,000
1,899,000

1,000

2,600,009

1862
1862

1,000

8
7
7
7
7
7

VI. A S.
r. A J.
r. A D.
r. A D.
J ?. A A.
I VI. A N.

NT.Y.,J.S. KennedyA Co.
do
do
In default.
do
do
do

1892
1894
1894

1,000

Q-J.
M.
?.
r.
I.
VI.

A
A
a
A
A

N.
A.
j.
J.
N.

,

Jan.

1,

Nov.,
Aug..
July 1,

Jan. 1.

May 1,

1906
1906
1906
1884
1894
1902
1897
1897
1898

1862
1865

250 Ac.
250 &c.

1864
1864

1,000
250 Ac.

120,000
366,000
1,096,000
1,114,000
1,500,000
1,700,000

210

1868

250 &c.

5,700,000

7

1 VI. A N.

do

1898

220
140

1870
1871

1,000
1,000

1,500,000
15,000,000
2,081,800
2,400,000
1,050,356
2,301,000

7
7
2
8
2
7

Jr.
\

A D.
A J.

do
do

1900
1901

St. Paul, Office.

Oct., 1876

121
121
116

1,000

100
....

50

1869

1,000

in

personally liable, and

proposition to
A
Ogdensburg, receiver was refused by the U. S. Circuit Court in
and is in
progress to Niagara.
(V. 19, p. 169; V. June, 1S77, but a new suit is pending. (V. 23, p.
20, P. 8, 163, 311; V. 21, p. 442; Y. 22, p. 493.)
452; V. 24, p.227, 250,297,322, 3 4 4, 347, 397,421,
Rutland.—Leased January, 1871, to the Vermont 469, 495, 543, 535; V. 25, p. Ill, 138, 188, 229.)
Central. Terms modified in July. 1874. Default
St. Louis, Kansas City A Northern.—Half the stock
made on rental, and lease
again modified. (V. 22, p. is pref., 10 per cent yearly, but not cumulative.
209; Y. 23,
Gross earnings in 1876, $3 143,865; net, $1,209,338.
p. 11O: V. 25,p. 137.)
SI. Joseph A Western.—The road was sold in
debt, except $753,090, retired with second
foreclosure Nov., 1875, and re-organized under two Floating
mortgage bonds. (V. 21, p. 160; V. 22, p. 542; V.
companies, the Eastern Division becoming the 23, p. 295, 379; V. 24, p. 90, 272.)
St. Joseph &
Pacific, and the Western Division the
St. Louis A San Francisco.—Tins is the re-organi¬




1880
Jan. 1, 1875
1878 to’90

286,200
2,450,000
2 262,000
350,000
3,250,000
5,145,000

of

are

1, 1877
Nov., 1921

3'
7
7
7
7
7

—

Lake Ontario Shore Road has been consoli¬
dated with the Rome, Watertown &

Jan.

....

Floating

Rome, Watertown A Ogdensburg—The last report,
V. 22, p. 493, shows
gross earnings in 1875 of
$1,167,824; expenses, $885,585; net earnings, $282,239.
The

1882

June, 1884

A. A O. New York or Richmond
J. A J.
London.

7
8
8
7
7

Kansas & Nebraska. Consolidation under the name
Sr. Joseph & Western was made March, 1877.
Bonds were to be issued in addition to above
Providence A Worcester.—Net earnings year end¬ first
of $1,2 )C,003 second mortgage on
ing September 30, 1876, $220,»01; floating debt. each mortgages
road.
The interest is payable only if earned,
$1,490,000. (V. 21, p. 590; V. 23, p. 5 48)
during the first five years. The land grant of
Reading A Columbia.—This road is operated and 300,000 acres is in hand* of trustees, for the benefit
controlled by the Philadelphia &
Reading Railroad. of ihe holders of the land scrip of $2,250,000; this
debt. $1,093,494.
scrip nuy be exchanged for lands, at the rate of
Reading A Lehigh.—This was the Berks County ten dollars per acre, until May, 1878. (V. 21, p. 40,
road; sold out, and leased to
Philadelphia & Read¬ 418, 442, 505; V. 22, p. 234, 297, 415; V. 23, p. 182:
V. 24, p. 322, 469.)
ing March, 1875, for 99 years. (V. 2d, p. 63, 267.)
Rensselaer A Saratoga.—Leased May 1, 1871, to
St. Louis,
A Terre Haute.—The main line—
Delaware & Hudson Canal Company, which pays in¬ Terre Haute Alton
to E.St. Louis and Alton Branch—was
terest on bonds and 8
per cent on stock.
In 1872-3 leased June, 1867, for 90 years, to Indianap. & St. L.
the net surplus to lessee was
$201,597. (V. 20, p. 244.) at 30 per cent of gross
Richmond A Danville.—Gross earnings 1875-6, no year to be less thanearnings up to $0,060,000 (but in
$456,000). In 1876 gross earn¬
$937,199; net, $438,232. This company leases the ings were $1,072,503,
against
$1,019,837 in 1875. The
North Carolina Railroad and the Piedmont
Railroad, Belleville Branch and Extension earned net in 1876,
and forms a
through
route with the Atlanta & Rich¬ $129,786. (V. 21, p. 61; V.22, p. 351; V. 23, p. 208;
mond Air-Line. Tne Penn. Railroad took
$1,000,000 V. 24, p. 297.)
of the new bonds.
(V. 20, p. 8, 291, 568; V. 21, p.
St. Louis, Iron Mountain A Southern—There are
614; v. 22, p. 1 80; V. 24, p. 298, 370.)
also $669,000 of Cairo & Fulton Income bonds.
Richmond, Fredericksburg A Potomac.
Gross Gross earnings, 1876, $4,002,045; net, $1,966,325. In
earnings 1875-76, $367,969; expenses, $177,793; net 1875, the company funded three coupons on all
earnings, $190,175. (V. 21, p. 612; V. 23, p. 6 11.) bonds except tne old firsts, but when coupons fell
Richmond A Petersburg.—Gross earnings year due Nov., 1876,
were paid only in part, and
ending Sept. 30,1876, $137,407: net, $60,094. (V. 22, after April, 1877, they
defaulted altogether, and interest
p. 15; V. 24, p. 62.)
setts.

Mcli. 1,

do

Various

1892
1877

July 1, 1880

Richmond, Office.
do

1889

Dec. 1,
Jan. 1,

N. Y., Nat. B’k Com’rce.

....

Stocks—Last
Dividend.

Nov. 1,

N.Y., Del. A H.Canal Co.

N.

Ponds—Princiil, when Due.

p

July 15, 1873

•

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

6
6
0 g.
8
6-70
6 g.
6 & 7
8
8
7
3
7
7
7
7

450 000

Whom.

A N New York and London.
& J Bost., Eastern RR. Co.
A D
do
do
A J
Providence, Office.
A J
do
do
& S N. Y., Union Nat. Bank.
A D Columbia, First Nat.B’k

J. A J
M. A N

7

I

10
76
76
76
150
150

116

Portsmouth, Great Falls A Conway.—Opened in
1872, and is leased by Eastern Railroad, Massachu¬

4

....

1870

.

2 OOO OOO

.,

300
582
354
354
293

6

Payable i
M.
J.
J.
J.
J.
M.
J.

DIVIDENDS.

Where Payable, and by

When

•

...

1872
1874
1870
1872

....

r

.

486,000

3,147,600
799,900
1861
1,200,500
1872
1,000
1,000,000
1874
1,000
3,000,000
100
2,479,700
100
4,168,700
1870
100 Ac.
500,000
1870
100 &c.
500,000
1872
100 Ac.
1,212,000
1876
100 &c.
1,900,000
1876
100 Ac.
1,900,000
100
2,300,000
100
2,468,400
1864
1,000
1,100,000
1864
500 Ac.
1,100,000
1864
1,000
1,400,000
1864
1,000
1,400,000
1864
500 Ac.
1,700,000
1870
1,000
300,000
100
20,103,533
1867
1,000
4,000,000
.

1855

686
210
210
686
100
72

....

2d mort., sink, fund ($1,600,000
guar.)
St. Paul d Pacific—First Division—
°
1st M., 10 miles, St. P. to St.
Anthony
2d M.f St. Paul to Watab. ($700,000)
v*
3d M., land gr’t, St. P. to Watab.
($1,200,000)
Consol, land gr’t
do
($2,800,000)
1st M., St. Anthony to 150 miles west
2d M.,& 1st 1. g., St. A. to
150m.W.($3,000,000)
3d M., 1. gr. on 150m. W. of St. A. A 1st M. on
60m. more with 1. gr. ($600,000)
c:
4th M., St. P. to Breckenridge, 2d
on I’d gr.,
150m. ($3,000,000)
St. Paul d- Pacific—1st
mortgage bonds
St. Paul <£• Sioux C.—Pref. stock,
(Div. on $475,000)
Common stock

mortgage,

-

....

....

B, gold
C, gold

Consolidated mortgage, gold, sinking fund
Evansville Henderson & Nashville, 1st mort
St. Louis Vandalia d- Terre Haute—1st M. s. f.
guar

1st

•

SS l

mortgage, gold, coupon, may be registered..
Cons. M. gold (8. f. after 1880),coup.,
maybe reg.
Arkansas Branch, 1st mortgage, gold, land
t
Cairo Ark. A Texas, 1st mort.,
gold, coup or
Cairo A Fulton, 1st n ort., gold, or road and
St. L. Kansas City it N.—Stock ($12,000,000
]
1st mortgage (North Missouri)
Real estate and railway 2d mort. (for $3,000
St Ij.it S.Francisco.—1st M. (So. Pac.),
g.,

120
120
120
115
115
260

7 g.
3

ibo

■

Rate pel
Cent.

770 OOO

i,obo

1870
1875

.

Equipment mortgage bonds

INTEREST OR
Amount

Outstanding

....

..

oi

| Value.

07

Richmond d Danville—Stock

Rome, Waterloicn <t

xxvn

a

new

postpone interest has been offered by them.

Q.-J.
.

A J.

1892
1892

1LstN. Bk., Sandusky, O.
a j. 1Y. Y., Union Trust Co.

....

.) r.

1881

Oct. 1, 1875

July, 1902

zation of the Atlantic &

Pacific, sold in foreclosure
The stock is, $1,400,000 old on Cent.
Division; $4,500,000 new 1st pref.; $10,000,000 pref.;

Sept. 8, 1876.

and $9,560,000 com.

The Atl

& Pac.

was a

consoli¬

dation, in 1870, of the Atlantic & Pac. and So.Pacific.

The laud grant amounts to some 1.0C0.000 acres.
The interest on bonds “ B ” and “ C ” is 2 per cent
for 2 years, 3 for 3 years, 4 for 1 year, 5 fox 1
year,
and 6 afterward. (V. 22, p. 61, 355, 374, 471, 589:
Y. 23,
p. 85 , 232,278,352,4,8; V.24,p.543; VA5,p.282.)
St. Louis A Southeastern.—In nauds of receiver.
See report at length in V. 24. p. 203. (V. 22,
p. 88,
18l», 591; V. 23, p. 549; V. 24, p. 203, 322.)
St. Louis, Vandalia A Terre Haute.—The com.
stock is $2,383,315; pref., $1,451,700. This road is
leased to Terre Haute & Indianapolis at 35 per cent
of gross ean ings. In 1876 gross
earnings, $1,086,248.
Bonds guaranteed by Terre Haute &

Indianapolis,

by Columbus, Chicago & Indiana Central, and Pitts¬
burgh, Cincinnati & St. Louis. (V. 24, p. 110.)
St. Paul A Pacific, First Division.—The bonds of

the First Division of the St. P.

<fe P. RR. Co.

are

nearly all held in Holland.

The third mortgage of
$6,006,000 has the additional security of the $1,500,000 first mortgage bonds held by its trustees.
In¬
terest in default since June, 1872, on all the issues
the first and second
mortgages on Branch.
Line,' but certain payments made in May, 1877.

exceDt

Suits of foreclosure
road has been taken
under the mortgage

281; V. 23, p.

are

in progress,

and the rail¬

possession of by the trustees
deeds. (V. 22, p. 38, 159, 209,
379; V. 24, p. 170, 227, 421, 510; V. 25,

p. 114, 154.)
■St. Paul A 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.

23, p. 233, 428; V. 24, p. 510.)
St. Paul A Sioux City.—This company has 756,437
acres of land unsold.
See annual report V. 24, p.
298.
(V. 22, p. 470: V. 24, p. 298.)

Sandusky, Mansfield A Newark*—This road is one

of the Baltimore & Ohio system; it is
Central Ohio, and the lease guaranteed
& Ohio. (V. 19, p. 584.)

leased to the
by Baltimore.

Subscribers will confer a

For

explanation of column

headings, Ac., see notes

head of first page

at

of tables.

Duancsbury—l1st M., guar. D. A II
Schuylkill Valley— Stock
Seaboard d ltoanokc—Stock

Date

Size, or

of

Par

Road. Bonds

1853
1808
1809
1870
1874

101

Funded int. bonds, S. A C. RR., guar, by S. Car...
1st mortgage, Savannah A Charleston RR
Savannah d Memphis— 1st mortgage, end. by State

Schenectady d

.

1st mortgage
Selma d Calf— 1st mort., guar, by
Selma Marion A Memphis— 1st mort.,
Selma Rome d Dalton—Int mortgage
2d mort., Alabama A Tenn. River

Amount

Outstanding
Value.'

$500

$505,000

100 Ac
500

500,000

1,000

1,000
1,000
1,000

1805
1808

bonds

Pacific—1st mortgage

City d

mortgage (government subsidy).
Sioux City d St. Paul—1st mortgage, gold,
1st mortgage, currency, for $2,100,000
Sojncrsct— 1st mortgage, gold
South Carolina— Stock

I’d grant
242
242
242

1st mortgage, sterling loan
dollar bonds (L)
do
2d mortgage (for $3,000,000)

Domestic bonds (I)
Domestic bonds (K)
So. d No. Alabama— 1st

M., endorsed by

10,000 p.m.

10,000 p. m.
838,500

Southern

Side)...

Central (X. Y.)—1st mortgage

Lehigh V. RR.).
gold—
gold
Southern Pennsylvania—1st mortgage, gold
Southwestern (Ua.)—Stock, guarant’dT per annum
Company bonds, convertible into stock at par—
Springfield Athol d X. E.— 1st mortgage
Sterling Mountain (X.Y.)—1st mortgage
Stockton d Copperopolis—lst mort., (guar, by C. P.)
Syracuse Binghamton d X. Y.— Stock
2d mort.-gold ($400,000 end. by
Southern Joica d Cedar Rapids—let molt.,
Southern Minnesota— 1st mortgage
Southern Pacific (Cal.)— 1st mortgage,

2d mortgage (now

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

500,000

1871
1871

1,000

1,240,000

1808
1808

Too

gold, coup.($8,000 p.m.)
($17,000 p. m.)
(7,000.000 acres)
M., 1. gr., gold....i

Warsaw—Stock

Toledo, Peoria d

1st preferred
2d preferred
1st mortgage (W. Div.)
1st mortgage (E. Div.)
2d mortgage (W. Div.)

24
24
247
ol
110*2
110%
110*2

convertible
Consolidated mortgage (for $0,200,000)
1st mortgage (Burlington Div.)

007

East.—1st mortgage
Boston—Stock
1st mortgage, consolidated

Toledo, Tiffin d

Troy dt

Convertible bonds

Troy Union—1st

mortgage,

Tuckerton—1st mortgage
Union

500 Ac.
500 Ac.
500 Ac.

2d
3d

do
do

1,500,000

100 Ac.

000,000
1,500,000
3,340,000

1,000

29

connection with the Albany & Susqueh. road.
Schuylkill Valley.—Leased to Philadelphia A Read
ing, with 10 per cent dividends.
Seaboard A Roanoke.—Net earnings year ending
March 1, 1876, $133,623. Report V. 21, p. 276.
G'i/(/’-Iiiterest in default. Foreclosure
pending. (V 24, p. 299.)
Selma, Marion A Memphis.—Defaulted 1872. Re¬
ceiver. Mav, 1876. (V. 19, p. 066; V, 22, p. 487.)
Selma A

A Dalton —This was

Tennessee River.
be sold. (V. 24, p.

1800
1804
1800
1870
1871
1872

formerly the

Interest in default,
56b.)

Shamokin Vculty A Pottsvi le.—Leased
2863, to Northern Central,at7per cent on

February.

bonds and

1871

1,038
1,038 1860-9

road (2d on land), sinking fund. 1,038

road in

Selma, Rome

025,000

Too

3,892,300
399,000

100 Ac
500 Ac

410,000
350,000
500,000

100

2,004,000

1,000

270.000

1,000
1,000
50

1,750,000
4,125,000

50

1,988,150

i;ooo

800,000

800,000

*

1,000
1,000
1,000

Too

800,000

3,552,000

'

100

1,384,000

1874

operated by

the bonds.

650,000

680,000
408,000

Preferred stock, $1,503,000.

Rockaw’ay

Southern Hempstead

Branch.
Southern Central.—Forms an extension into New
York Stite for Lehigh Va.ley, which company en¬
dorses $400,000 of second mortgage

bonds.

Cedar Rapids.—In progress.

Cedar Rapids, la.

Southern Minnesota,—Sold and

A
A
A
A
A
A
A
A
A

A. New York, Co.’s office,
do
do
D.
do
do
O.
do
do
N.
do
do
D.
O.
A. Troy, Company’s Office.
J. N. Y., Nat. B’k of Com.
do
do
8.

M. A 8. New York

14,047,000

of

tumwa to

J.

U.S. Treas., at

Sou’hern of Long Island.— This is successor
South Side, and is leased to L. I. Railroad. There
are also $60,030 6 p. c. mortg. bonds on

South Iowa A

do
do
New YorkA Philad’phia
A J. N. Y., Farm. L. A Tr.Co

A D.

A. A O. Phila., Safe Deposit Co.
Q.-J. New York and Boston,
do
do
J. A J.

36,745,000
27,232,000
27,232,000

Alabama.—This road is leased

Branch, and $64,300 7 p. c on

*sJ Phila,, N.York ALondon

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

and
the Louisville & Nashville, which guar¬

South & North
antees

1,000
1,000

m."a

do

do

Aug. 16, 1876
Jau. 1, 1904

Sept. 15, 1876
July, 1879
1893
March 1, 1905
June 1, 1905
Jail. 1, 1915

Jan., .1870

1,500,000

1,000
500 Ac.
100

7 g.

3,000,0001,700,000
1,000,000
1,800,000
1,000,000
1,300,000
250,000
801,000
1,009,000

A.
J.
J.
O.

July.

5,533,000
10,000 p.m

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

Philadelphia A Boston
Boston, N. Y. A Phila.
N.Y.,Farmers L.A T.Co

F. A
J. A
J. A
A. A

J.

7,548,000

2*6

guaranteed, Troy City.

Savannah A Charleston.—Interest in default. Road
in hands of State Comptroller. (V. 22, p. 615.)
Savannah A Memphis — Defauted after the crisis
of 1873. A funding proposition was offered.
Schenecady A Duanesburg.—Capital stock au¬
thorized was $300,005, of which $10),500 was paid
in. It is all owned by the Cand Co., which runs ihe

Alabama &
and road to

24,000,000

500 Ac

gold, on road and equipment
(government subsidy)
on

405,050

1,000

1891
1871

i’,’

1,500,000

100
100

1874

Pacific—Stock

1st mortgage,

04,000
391,000
5,355,000
750,000

1,000

1809
1873
1875
1875
1875
1870

-

1,054,500

500
100

June,
May,

1878 to ’88
London.
J. A J.
1878 to ’88
New York,
J. A J.
Oct. 1, 1902
do
A. A O.
April, 1891
Charleston.
A. A O.
1880 and 1892
do
J. A J.
J. A J. N. Y., Drexel, M. A Co. Jan. 1, 1890
M. A N. ! London, Baring Bros.
1887
M. A S. N. Y., Gallatin Nat, B’k Mar.*
May 1, 1900
do
do
M. A N.
Nov. 1, 1879
do
do
M. A N.
Aug. 1, 1899
F. A A. N. Y., Vermilye A Co.
Mar. 1, 1882
do
do
M. A S.
May 1, 1900
M. A N.
1878 to ’88
A. A O. N Y., P. M. Myers A Co.
A. A O. N. Y., C. P. Huntington. April 1, 1905
Mar. 1, 1900
M. A S.
J. A D. Savannah,Cent.RR. Ga. June 20,1877
1886
Macon.
Various
J. A J. Boston* Eliot Nat. Bank July 1,’83 to ’93
1885
New York.
A J.
January, 1905
A J. N Y., Central Pacific.
J. A D. N.Y., D. L. A W. RR. Co. Dec. 15, 1875
June, 1887
do
do
J. A D.
1906
do
do *
A. A O.

1,482,066
1,051,500
1,200,500

"

500 Ac.

Q.—F. Charleston,S.W.RR Bk

5,819,275

500

1872

’

Indianapolis—Stock

450,000

Various

Consol, mortgage
Summit Branch (Pa.)— Stock

1st mortgage bonds
Tert'e Haute d
1st mortgage
Bonds ot 18/3 (for $1,000,000)
Texas d Pacific—1st mort.,
2d mort., consol., gold, coup.
Income and land mort., reg.
Texas Western—(Narrow g.)—1st

1,028,020

1,000

1871
1865
1875
1875
1807
1870

first)

809,450
1,994,000
750,000
094,000
800,000
1,000,000
200,000
1,029,000

1,000

Stocks—Last
Dividend.

and by

Canal Co

570,050
1,350,400
210,000

50
500 Ac.

'avi
! Where Payable,
horn.
Wli

Bonds—Print* i.

pal. When Due

March

500,000

i 871

1800
1808
1870.
1873
1807
1870
1874
1809
1872
1870
1808
1875

Alabama.

Sterling mortgage, guaranteed by L. A N
Southern of Long Island— 1st mortgage (S.
2d mortgage S. Side (1st mortg. s. fund)
Mortgage bonds, Southern of L. I

these Tables.

1, 1877
M. A S.'Charleston, 1st Nat. Bk
Sept, 1, 1899
M. A S.j
New York.
Jan. 1, 1889
J. A J.
do May 1, 1890
M. A N.IN.Y.,Lancaster, B.A Co
Sept. 1, 1924
M. A S.jDel. A Hud.
July, 1877
J. A J.
Philadelphia, Office.
May 3, 1877
M. A N. Phil.,Townsend,W.A Co
1880
J. A J.
do
do
Jan. 1, 1890
A. A O.
New York.
Sept. 1, 1889
M. A S.
New Yrork.
Jan. 1, 1872
J. A J.
New York, Office.
Jan. 1, 1864
do
J. A J.
do
April 1, 1887
A. A O.
do
do
Aug., 1877
F. A A. Philadelphia,Treasurer.
July, 1901
do
A J.1
do
June, 1884
J. A I). N. Y., City Nat. Bank.
October, 1896
A. A O.
do
do
A. A O. N. Y., N.Bk. of Corn’rce. April 1, 1889
J. A J. N. H., Nat. N. II. Bank. July *5, 1877
Sept, 1, 1880
M. A S.
do
do
J. A J. N. Y., Nat. Park Bank. Jan. 1, 1898
J. A J. U.S. Treas., at maturity Jau. 1, 1898
M. A N. N. Y., Metropol. N. Bk.
Nov., 1901
M. AN.
do
do

241,000

1871
1804
1871
1809

When

jPayable

3,000,000

General mortgage for $5,000,000
Shamokin Valley d Pottsvillc—Stock
1st mortgage, gold, on road and lands
Sheboygan d Fond du Lac—1st mortgage
1st mortgage extension
She nan go d Alleghany—1st mortgage

2d

'Rate per
£eIit.

10,000 p. 111.

RR

Sioux

errors discovered in

111,800

100 Ac
50
100

1870
1809

Alabama
end. by Ala..

Shore Line (Conn.)—Stock
1st mortgage, construction

[September 29, 187T.

INTEREST OR DIVIDENDS

Miles
of

Charleston—C. A S.„ guar, by S. C

Savannah d-

giving immediate notice of any

great favor by

DESCRIPTION.

BONDS.

STOCKS AND

BAILROAD

XXV 111

Ot¬

re-organized. Land

grant is about 1,790,000 acres. (V. 23, p. 62; V. 24,
p. 11, 198, 227; V. 25, p. 235.)
Southern Pacific (Cal.)—This road is in p-ogress;
built by a Construction Co., and controlled by Cen¬
tral Pacific parties. The stock ^aid in is $31,064,800.
In 1875 6, on 392miles operated, the gross earnings
were $2,160,839 gold, and net earnings, $1,020,509,

maturity.

and Boston.

Feb.
Dec.

TV

1896

1, 1894

April 1, 1886
May 2, 1910
June 1, 1901
April 1, 1902
Feb. 1, 1877
1894
1882

April 1, 1910
Oct. I, 1877
1896 to 1899

i*,* ,1894

Moll,

Terre Haute A Indianapolis.—Annual report, V
24, p. 442. Gross earnings, 1875-6. $1,033,450; ex¬
penses, $721,109; net earnings, $317,410.
Texas A Pacific— Annual report in Chronicle,
V. 25, p. 210. Gross earnings, 1876-7,

$2,043,453;

operating expenses, $1,352,415; net earnings, $691,0u7.
Of old land bonds $1,561,000 are yet out.
(V. 23, p. 160, 206,279; V. 25, p. 162, 210.)
Texas

progress.

narrow-gauge road is in
49, 152, 526.)
Peoria & Warsaw.—Interest in default.

Western.—This
(See V. 23, p.

Toledo,
December, 1873.
Passed into receiver’s hands
February, 1874. Foreclosure pending. (V. 23, p. 256;
Y. 24, p. 566; V. 25, p. 115, 138, 237.)
Toledo Tiffin A East.—Sold in foreclosure July,
1876. (V. 23, p. 63.)
Troy A Boston.—With leased roads forms a line
from Tioy, N. Y., to North Adams, Mass. In 1873 74
gross earnings w’ere $530,310; operating expenses,
$283,879. There are a fewr of old 1st
2d mort¬

and

V. 23, p. 304; V. 24, p. gage bonds yet outs landing.
6 per cent on stock.
Troy Union.—A short road in Troy city. Bonds
29), 383, 445, 519.)
Sheboygan A Fon du Lac.—Went to default, 1873.
issued by city and guaranteed by several roads.
Southern Pennsylvania.—This is a mining ar.d rail¬
Afondingplan was offered. (V. 24, p. 198, 345.)
road company, re-organized in 1872 after foreclosure
Tuckerton.—From New Jersey Southern Railroad
Shenangu A Alleghany.—Leased to Atlantic A under s c »nd mortgage. The road is leased by the
to Tuckerton, N. J. Net earnings 1876, $7,411.
Great Western, and •'rental trust bonds’’ issued.
Cumberland Valley.
Union Pacific.—Gross
earnings in 1876 weie
Grose earnings 1875, $231,039; net, $114,699.
Southivestern Georgia.—Leased to Central Georgia.
Shots Line — Leased to New York & New’ Haven Dividends 8 a
$12,886,858, against ^£11,933.832 in 1875; net earn¬
year to every 10 per cent on Central
at $100,030 per year.
Old stock was exchanged for Georgia stock, but 7 per year guaranteed. ‘’Tri¬ ings, $7,618,647, against $7,011,781. The per¬
new in July. 1873.
centage of Operating expenses to gross earn¬
(V. 21, p. 63.)
partite” bonds issued; see Central Georgia.
Sioux City A Pacific.'— For year ending June 30,
ings was 41*54 per cent m 1875 and <J0’88 per
Springfield, Athol d Northeastern.—(V. 21, p. cent
in 1876. Land salefi In 1876, 125,905 acreB at
1874. gross earnings were $319,819, and net earnings
590; V. 24, p. 198.)
$2
98M
per acre, or $375,540. Total sales to Jan. 1,
$56,115. Pays 7 p. c. on pref. stock. $169,800, semi¬
Sterling Mountain.—Cost of ro d and equipment,
1877, 1,319,848 acres for $5,711,5S2. Land notes and
annually, A. & O. (V. 22, p. 545, 599.)
Net
earnings
$15,673.
$502,468.
1872-3,
contracts on hand, January 1, 1877, $3,182,934.
Sioux City A St. Paul— There are also $502,00 ) 2d
Stockton A Copperopo’is.—Defaulted July, 1874,
Tub suit to recover for Government transportation
mort. bonds, $14‘:,003 equipment, and $286,000 in
and old bonds of $1,000,000 exchanged for present.
was decided by the United States Supreme Court
C)ine bonds.
Lands unsold Ja-\ 1, 1?70, 545,215 (V. 21, p. 159. 169, 316.)
in favor of this company. Nov. 29, 1875, includ¬
acres.
(V. 22, p. 5 68 ; V. 25, p. 212.)
Xew
York—
by
Syracuse,
Binghamton
A
Operated
Somerset.—This road is leised to Maine Central. Del. L. & W. r Last dividend (in 16751 4 per cent.
ing the important ruling that interest ou the Gov¬
South Carolina.—Gross earnings in 1876, $1,120,ernment loan is not payable till the principal isSummit Branch.—This- is a coal road, and leases
due
Abstract of last report V.
in
1896-99.
437; operating expenses. $647,752; net earnings,
Lykens Valley.
Net earnings in 1S76, $151,665. (V. 24 p.
226. The annual report gives no
$478,6*84 (a decrease of $10.’,865 fr^ra 1815.) Annual 25, p. 113.)
report in Y. 22, p. 398, and V. 24, p. 345.




gold.

(V. 22, p. 281, 375;

r

RAILROAD STOCKS AND BONDS.

29, 1877.]

September

Subscribers will confer

a

great favor by

giving Immediate

xxix

notice of any error

DESCRIPTION.
Miles Date
For explanation of column headings, Sic., see notes
of
of
at the bead of tirst page of tables.
Road. Bonds

r

Un ion Pacific— ( Con tin tied)—
Land grant bonds on 12,000,000 acres
Omaha bridge bds, st’g, (s.f. about $50,000
yrly).
Union Pacific, Central Branch—1st mort., gold
2d mortgage (government
subsidy)
United iV. J. Kit. dc Canal Companies—Stock
General mortgage, gold, coupon

sinking fund, registered..
sterling loan mortgage, sinking fund
do
do
do
do
dollar loan, mortgage
bond to State of Ne w
Jersey
Joint Co.’s mortgage, sterl’g, s. fd.
(£138,500).
do
plain bonds
.*

....

....

....

....

30*2
75
-

73
....

....

....

Equipment loans

....

;...

Cliambly bonds

....

Income and extension bonds (to
pay float’g debt).
Vermont <£• Massach usetts- Stock
1st mortgage
(sinking fund $7,000 per year)

....

.

.

....

....

75
167
180
33
29
75
167
180
490
109
.

..

mortgage (Great Western of 1859)

•18
18
18
35

mortgage

Washington City, Va. Mid. <& Gt. Southern—Stock...
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. A M. RR
Gt. South’n

Lynchburg & Danville, 1st mort., guar., coup
Westchester <6 Philadelphia—Preferred stock
mortgage,

.

140
140
140
140

Consol, mort., (on all but Decatur A E.
St. L.)
1st mortgage, (Decatur & East St.
Louis)
New Wabash
mortgage
Warren (N.J.)— Stock
2d mortgage
;
1st consol,
mortgage
Walkill Valleu (N. Y.)—1st

1st

310
....

....

336

65*2
®

new

©

....

1865
1869
1872
1866
1866
1866
1866
1871

1853
1853
1863
1865
1862
1858
1858
1859
1867
1869
1855
1870
1875
1871
1871
1855
1858
1860

1867
1873
1871

by Camden A Amboy..

60

1861

1st
do
consolidated.
West Wisconsin—1st
mort., gold, 8. fd., 1. gr., conv..
1st mortgage, gold
extension, coupon or regist’d
Consol, bonds,

38
63
172
32
204
138
116
44
160

1866
1869
1871
1872

.

gold

general balance sheet nor income account.
Divi¬
dends at 6 per cent per year were
begun in July,
and increased to 8
per cent October, 1575. The
United States Attorney-General has a suit
pending
for $1,040,056
against the company as 5 per cent of
its
net

earnings. (V. 21, p. 64, 105, 245, 302,
536; V. 22, p. Ill, 182, 234, 25 7, 400, 415, 372, 467,
472, 545;
V. 23. p, 164,112. 208,

330,472, 50f, 623; V. 24,591.)

Union Cad He Central Branch.—This was
formerly
the Atchison & Pike’s Peak road.
Interest in de¬
fault since November, 1873. Gross

$113,519;

expenses,

23, p. 159; V. 25,

p.

$123,188.
276)

earnings 1874-75,
(V. 22, p. Ill, 545; V.

United New Jersey Railroad ft Canal
Companies.
-I he Camden &
Amboy Railroad and branches,
Delaware & Raritan Canal, and New Jersev Railroad
form the United Companies of New

Jersey.

They
leased to Pennsylvania Railroad, Oct.
20, 1871,
stock and assumption of all lia¬
bilities. In 1876 the gross earnings were
$11,824,132;
net, $5,074,016, leaving aprolitto lessees'of
$1,127,421 after paying interest and
dividends. (V. 24, p.
were

at 10 per cent on

516.)

Utah Central.—Salt Lake to
Ogden.

In 1872-3
earnings were $20o,358. '
Utica dk Black River.—Gross
receipts 1875-6,
$491,571; expenses, $287,372; dividends disbursed,
$106,248. (V. 22, p. 201.)
net

Utica, Ithaca & Elmira.—The road was completed
1875. The sinking fund- is $30,000
yearly
from

November,
1878.

(V. 21, p. 16; V. 23, p. 16; V. 24, p. 591.)
Talley (Va.).—'This road was built chiefly by sub¬
scription of Balt. & Ohio RR., Baltimore
city, and

Virginia

counties.

Operation of the road by*Baltitemporary lease
Valley Railroad. (V. 20, p. 16,
396; V. 22, p. 463, 559, 591, 607.)

more & Ohio was
discontinued, and
made to Shenandoah

453; V. 21,

p.

Vermont & Canada.—Under lease to
Vermont
Central, and proposed to be sold to same for $1,500.000 in 6 p. c oonds, and
$500,000 pref, stock. (V.




1,000

Co.

500
500
100
100
500
100

Ac.
Ac.
Ac.
Ac.
Ac,

Ac.

1,000
100
100 Ac.
500

1,000
500 Ac.

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

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

1,000
1,000

1,000

ioo*
....

....

500 Ac.
100
....

....

.

1873

1,500,000

1,500,000
444,100
1,508,600
2,S60,000
550,000

100 Ac.
50
500 Ac.
500 Ac.
500 Ac.
500 Ac.

1,000

Looo

1866
1870

7
8
2 ig
6
7

200,000

150,000
717,500
850,000

7
7
7
7
7
8
7
7
7
7
7
7
7
7
7

145,000

1,162,700
217,400

900,000
2,500.000
2,496,000
500,000
300,000
1,000,000
1,500,000
2,500,000
2,610,000

1,500,000
526,500
821,300
1,100,000
1,359,750
400,000
1,000,000
1.000,000
4,000,000
640,000
2,500,000
920,000
750,000
600,000

1,200,000

7

3*2
'

7
7
7

6
6 A 8
8
7
7 g.
4
7
3
6
6
7
7 g.
7 g.
7 g.
10
8
8

8

19, p. 40, 504; V. 20, p. 16, 141, 419, 445, 468. 492; V.
p. 442; V. 23, p. 500, 623; V. 24, p. 421,
566.)

21,

Vermont Central—In 18?2 the
Company went to
default on Interest, and has since been in

complications.

A

....

Q.-J.
M.
A.
M.
M.

g.
g.

A S.
A O.
A S.
A S.

U.S. Treas., at
maturity.
Pliila. and N. Y. Offices.

Philadelphia,
do

numerous

new

corporation under the name
formed, with $2,000,030
paid-up capital, and assumed obligations of the old
Vermont Central. Foreclosure pending on 2d mort¬
gage. (V. 22, p. 110, 589; V. 23, p. 40, 370,
623; V.
24; p. 413, 566.)
of Central Vermont has been

Vermont & Massachusetts.—This road is leased to
the Fitchburg RR. Co. for 999
years, commencing
Jan. 1, 1874; they paying interest on the
debt and 4
per cent on the stock for the first two years, 5
per
cent the next two years, and 6
per cent for the re¬
mainder of the lease, exclusive of all taxes.

Vicksburg & Meridian.—Net earnings year end¬
ing March 1, 1876, were $194,099. Coupons are paid
2 per cent cash, balance
scrip. Coupons of
1874, and April, 1815, were passed. (\. 20, p. July,
591;
V. 21, p. 207; V. 23, p. 6i.)

Office.
do

pal, When Due

Stocks—Bast
Dividend.

1887

April, 1896

May 1, 1895
1896, ’97, ’98
Oet. 10, 1877
Mcli. 1, 1901

Oct.
Mcli.
Mcli.
Feb.

London.
do

;F. A A.
Philadelphia.
j Due 90 days after demand.
g. IF. A A.
London.
jF. A A. Philadelphia Office.
‘j. A D.
Princeton. N. J.

1,
1,
1,
1,

1894
1894
1894
1888

1880
Feb.

1, 1883
Jan, 1, 1889
Philadelphia Office.
jF. A A. N. Y., B’k of Commerce. Nov. 1, 1889
Aug. 1, 1878
A. A O.
do
do
Overdue.
jj. A J.
Salt Lake City.
Jan. 1, 1890
J. A D.
M. A N.

g.

J.
J.

A J.
A J.
A J.

J.

Utica.
Utica and New York.
do
do
London, H.S. King A Co.

Baltimore.

....

4
8
7
7
7
8

3,000,000

2,700,000
1,000,000
1,800,000
750,000
600,000
700,000
2,692,539
1,200,000
654,000
700,000
578,859

A. A 0. New York and
Boston.
A. A O. London, L.
A S. Fr. Bk.
M. A N. N. Y.,
Company’s Office.

g.

7
7 g.

3,000,000
1,500,000
500,000

1,650,000
.

500 Ac.

.

,

Westerni & Atlantic (Ga)—Income
Bonds
Western (Ala.)—1st
mortgage (Mont. A W.
Western RR. bonds, before consolidation P.)
2d mort., guar, by Cent, of Ga. and Ga.
RR. A B.

....

....

1871
1871
1866
1866
1866-9
T867
1872

1871

mortgage loan

100

....

27

1st

1,000,000
1,770,720
200,000
912,000
1,500,000
3,000,000

....

80

do

Vicksburg d Meridian—1st series (red endorsed)
2d series (blue endorsed)
3d
do (black endorsed)
4th do (not endorsed)
Special loan, funding mortgage
Vabash—1st mortgage (Toledo A
Illinois)
1st mortgage (Lake Erie, Wabash & St.
Louis)
1st mortgage (Great Western of
1850)
1st mortgage (Quincy &
Toledo)
1st mortgage (Illinois A Southern
Iowa)
2d mortgage (Toledo- A
Wabash)
2d mortgage (Wabash &
Western)
2d

.

77
80

Convertible bonds

West Jersey—Stock
Loan of 1883, guaranteed

100,000

1,000

,

Vermont Central— 1st mortgage, consolidated
2d mortgage, consolidated..'

C., Va. Mid. &

5,000,000
450,000

.

1873

....

Bonds, guaranteed by Vermont Central
Missisquoi Railroad bonds

866,000

1,000

1868

67

Talley (Va.)

Vermont & Canada—Stock

.*.

.

1871
1872

„..

1,700,000

....

....

75

497,310

....

1868
1868
1870

....

500,000

....

....

1862

....

J

1,800,000
154,000

....

....

....

2.000,000
1,846,000

....

Where Payable, and by
Payable
Whom.

21-2
6
6
6
6
6
7
6
6
6
6
6
7
6
3
7

Bonds—Princi

When

7
8 g.
6 g.
6

-

5,300,000

....

....

....

2,229,000
1,600,000
1,600,000
19,890,400

1,000

1834-7

....

$7,404,000

100

1871
1871
1871
1871
1871
1871

Rate pel
Cent.

Outstanding

1,000
1,000

....

....

Utica, Ithaca & Elmira—1st mortgage,
sterling

Gen. mort., gold, Wash.

Amount

£200

’66-7-8

....

do
do
do
consol, mort. (sink’gfund after
1880)
N. J. RR. & T. Co., 2d loan (now
1st), plain
do
do
3d loan due State of N.

do

1871
1866

....

do
do
do
do

Stanstead, S. &

or

Far
Value.

1867-9 $1,000
....

100
100

United Co.’s mortgage,

Utah Central—1st mortgage, gold.
Utica ft Black River—Stock
1st mortgage bonds of
July, 18G8
Mortgage bonds, 2d issue

Size,

discovered In tUese Tables.

INTEREST OR DIVIDENDS.

J.
J.
J.
M.

A D. Boston, E. Blake
A Co.
A J. Boston,Nat.Bk.of
Redm
A J. Boston, Globe
Nat. Bk.
A N. Boston,Nat.Bk of
Redm
J. A I).
do
do
M. A N.
do
do
J. A J.
do
do
M. A N.
do
do
A. A O.
Boston,
Office.
J. A J.
do
do
J. A J.
do
do
J. A J.
do
do
J. A J. Pliila , Girard Nat.
B’k.
J. A J.
do
do
J. A J. Pliila., Girard Nat.
B’k.
A. A O.
do
do
J. A J.
do
do
F. A A.
N. Y., Office of Co.
F. A A.
do
do
F. A A.
do
do
M. A N. N. Y.,
Metropolitan B’k.
F. A A.
do
do
M. A N.
do
do
M. A N.
do
do
M. A N.
do
do
Q.-F. New York, Office of Co.
F. A A.
do
do
A.
A.
M.
A.

A O.
A 0.
A S.

N.Y., Del., L. A W. RR.

A 0.

N.Y., Bull’s Head Bank.

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

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

do
do

do

Jan.

1, 1902

June 1, 1872

July 1. 1891

Jan. 1, 1891
Nov. 1, 1886
1891
1876 to 1889
Jan. 1, 1887
1902
A pi.

7, 1877

July 1, 1883
July 1, 1879
July 1. 1885

Jan. 1, 1890
Jan. 1, 1890
Jan. 1, 1890
Jan. 1, 1890
1880
Aug. 1, 1890
Aug. 1, 1890
Aug., 1888
Nov. 1, 1890
Aug. 1, 1882
Nov. 1, 1878
Nov. 1, 1878
May 1, 1893
Feb., 1907

Aug., 1889
Apl., J 877
1900

do

1905

1896

Balt., R. Garrett A Sons Jan. 1
1875
do
do
May 1, 1873
do
do
Sept. 1, 1880

J.

Balt., R. Garrett A Sons Mcli. 1, 1882
do
do
May 1, 1903
O.
do
do
April 1, 1896
J.
Philadelphia, Office.
July 10,1877
O.
do
do
April 1, 1891
A. Phila.—Pa.RRCo.
Office Aug. 15, 1877
S.
do
do
Mob., 1883
J.
do
do
Jan., 1896
O.
do
do
Oct., 1890
J. New
N.

J. New

York and London.

York, Office of Co.

Q-J.
Atlanta, Co.’s Office.
J. A J. New York A Savannah.
A. A O.
do
do
A. A O.
do
do

$1,033,980;
612.
The

Dec., 1876
July, 1878
July', 1891

expenses,

The
company
1st and 3d

$672,367;

has been

net

Jan.

1, 1886
1902

Oct. ’77 to ’91
Oct. 1, 1890

earnings, $401.

assisted by Balt. & O.
mortgages, placed together, were
originally $400,000 1st 6s, and $600,000 3d
8s,
some of which have been
exchanged for general
mortgage bonds, but are

deposited in escrow only.
president, Mr. John S. Barbour, was appointed
receiver in July, 1876. Intelest
in default, but re¬
The

ceiver ordered o make certain
payments. See V.
25. p. 41. (V. 22, p. 15,
591; V. 23, p. 550.)
Western dfe Atlantic—This no ad is owned
by State
of Georgia, and leased at
$300,000 per annum.
Lessees have issued the income
bonds. (V. 22, p.
136.)

Westchester <t

Philadelphia.—Net earnings 1875-6,
$143,652. (V. 22, p. 304; V. 24, p. 62 )
West Jersey.—Gross
earnings, 1876, $731,011: ex¬
penses, $463,374; net, $267,636.
Net profit above
interest and rentals,
$83,668. (V. 22, p. 232; V.
24, d. 249.)

West Wisconsin—The company defaulted on
inter¬
1875, and funded nine coupons from
re-organized after the sale, June
that
date.
The
10, 1876, under
following is from the official state¬
consolidated gold
ment: Since its
18‘3. There is a issu
of
organization the company has
debt of $550,001 duemortgage
d $4,000,000 gold first
the Equipment Co and
mortgage land grant
t© be funded of $2,992,450. The scheme for coupons bonds, of which
$3,815,500
are
funding
outstanding; $640,000
coupons under new plan is in V. 24, p. 80, and mod¬ Southern extension bonds, of which
$370,0Q0 are
ification V. 25, p. 107. Operations of Tol. W.
held as collateral security
& W.
by floating debt creditors;
for 1876 showed $4,410,222
$2,590,000 seven per cent gold consolidated
gross earnings 'and
bonds,
$885,812 net. (V. 2S, p. 16, 63, 160, 301, 353,
of which $1,471,000 are held as collateral
to the float¬
379,
526, 549, 509, 616, 647; V. 24, p. 40, 8), 275, 299,
ing
debt.
The
other
debts
of
the
495;
company on Jan.
V. 25, p. 64, 89.)
1, 1875, were as follows: Bills payable,
$1,080,921.
There
are
collaterals
Warren (N. J.).—Leased to
belonging to the company held
Delaware,
Lackawanna
for
these,
follows:
as
& Western at 7 per cent on stock and
Southern extension bonds,
bonds. Net
$370,000; consolidated bonds,$1,471,000; and 200 cars;
earnings in 1875, $241,056.
other items of debt,
$1,826,141. Earnings, 3874,
Wallkill Valley.—Foreclosed nnder a second
mort¬ $884,920; operating expenses,
$697,107; net earnings,
gage November, 1875. Sold under first
mortgage, $187,812. (V. 28. p. 304, 330, 472; V. 24, p. 543; V.
June 5, 1877. (V. 21, p.
442; V. 22, p. 42, 209; V. 24, 25, p. 41, 115.)
Wabash.—'This is the Toledo Wabash &
Western

p.

347, 370, 543.)

est due Jan. 1.

Western Alabama.—Sold in
April 19,
Washington City, Virginia Midland & Great South¬ 1875, and bought by Central Ga.foreclosure,
and Georgia Rail¬
ern.—Qxow earnings year ending
Sept. 30, 1875, roads. (V. 20, p. 598, 405, 445.) =

xxx




INVESTORS’ SUPPLEMENT,

ii

-

[September 2D, 1877.

NATIONAL BANK NOTE COMPANY,
1

No.

Office,

J. H. Van Antwerp, President. |
J, Macdonough, Vice-President, j

WALL STREET,

NEW YORK.

j A. D. Shepard, Treasurer.
| J. E. Currier, Secretary.

Engravers of United States Postage Stamps, Bonds, Legal Tender and

National Bang Notes.

ENGRAVING AND PRINTING IN ALL LANGUAGES
OF

!

Bank Notes, Bonds, Bills of Exchange, Certificates of Stock, Postage
Revenue Stamps and Commercial Paper, in the Highest Style of the

Art, with Special

and

Safeguards to prevent Counterfeiting
and Alterations.

4^W0RK»D0NE in fire-proof buildings.
This

Company Engraves and Prints Securities for the several State Governments of
Postage and other Stamps and Paper Money for various Foreign

also Bonds,

Banking Institutions in South America, Europe,

the United States,
Governments and

TheWEST India Islands, Japan, &c., &c., &c.

COMMUNICATIONS MAY BE ADDRESSED TO THE COMPANY IN

ANY LANGUAGE.

Bureau, No. 1 WALL STREET,
J. H. Van Antwerp, President.
J. Macdonough, Vice-President

Commise

a

j.

NEW YORK.

A. D. Shepard, Tresorier.
J. E. Currier, Secretaire.

la Gravure des Timbres-Poste, des Bonds, de la Monnaie
et des Billets des

La

|

legale,

Banques Nationales des Etats-Unis.

se charge de Graver et d’lmprimer les Billets de Banque, les Bonds,
les Lettres de Change, les Certificats des Effets publics, les Timbres-Poste,
les Timbres du Tresor et les Effets Commerciaux en General, dans
le style le plus recherche et le plus artistique, avec des
Garanties speciales pour empecher la Contre-

Compagnie

faQon et la Fraude.
LES TRAVAUX 8E FONT DANS UNE

CONSTRUCTION A L’ABRI DE FEU.

Compagnie grave et imprime aussi les Titrea des Gouvernementa dea differents Etats de P Union,
ainai que lea Bonds, les Timbres-Poste et le Papier Monnaie d’un grand nombre de Gouvernementa et de
Maisons de Banque de l’Etranger: de l’Amerique dn Sud. de l’Europe, dea Antilles et du Japon.
Cette

LA COMPAGNIE RE^OIT DE8 COMMUNICATIONS DANS TOUTE9 LES LANGUE9.
Lea personnes voulant commander des Billets de Banque graves d’apres lea procedes americains,
sirant obtenir des soumissions de prix ou autres informations voudront bien s’adreaser a la
“NATIONAL BANK NOTE COMPANY, NEW YORK, U. S. A.”

ou de-

Eseritorio, No. 1 CALLE DE WALL,
J. II. Van Antwerp, Presidente.
J. Macdonough, Vicepresidente;;

{■

NUEVA YORK.

j A. D. Shepard, Tesorero.
( J. E. Currier, Secretario.

Grabadores de los SELLOS de CORREO de los ESTADOS UN1D0S, y
Moneda de Papel y Billetes de los Bancos Nacionales.
GRABADO

hi

IMPRESION

EN

de

sus

Bonos,

CUALQUIER IDIOMA

de Billetes de Banco, Bonos, Letras de Cambio, 'Certificados de Acciones, Papel circu¬
late, Sellos de Rentas y de Correo, todo con la mayor perfeccion y en el mejor
estilo del arte, usando contrasenas especiales para impedir las

Falsificaciones 6 Alteraciones.

LOS TALLERES EN

QUE SE EJECUTAN ESTAS OBRAS SON A PRUEBA DE FUEOO.

toda
Gobiernos
PUEDE ESCRIBIRSE

Los que

A LA

COMPANIA EN

CUALQUIER IDIOMA.

quieran hacer pedidos de grabados de Billetes al estilo americano, 6 soliciten presupuestos 6
informes sobre este

particular,

se

serviran dirijir sus comunicacioues al

“NATIONAL BANK NOTE COMPANY, NEW YORK, U S. A.”